Don't Launch too Soon

The ages of 18 to 24 are probably the most difficult years financially for a man.

Around this age, student loans have been accrued and a man most likely doesn't have the best paying job.
You won't be an accountant, lawyer, financial planner, engineer, etc at the age of 20.

On top of that, if you go to college and are financing it with debt, you could owe $20,000 to $30,000 over the course of 4 to 5 years in just tuition. And this is in state tuition.

If it is out of state tuition, you could owe $50,000 to $60,000 over 4 to 5 years in just tuition.


When pressed with debts and not very much earning, I would recommend any man in his early 20's to continue living with his parents for as long as they will allow it.

Don't dorm at college, don't rent a house or apartment.

Rent can cost anywhere from a couple of hundred dollars a month to excess of a thousand dollars a month.

Avoiding these costs will really help your finances in the future.


Obviously, there are some downsides to doing this.

You might not have a good relationship with your parents or don't get along with them.
You have less privacy.
You are looked down on for not being independent.

Don't be discouraged. While society tells you to get your independence as soon as possible, society is just telling you to play the game on hard mode.

If you are 18, moved into your own place, and are going to college, life isn't easy. You need a lot of money.
If you want to be financially responsible, you have to make sure you can take care of all your living expenses and tuition. You have to work to pay for all that stuff.

What most people do is borrow the money that is needed to pay for rent, tuition, etc.
While they still work, its not usually enough to pay off everything.

Also, borrowing money isn't free. Student loans do accrue interest over time.