Moving Out On Your Own: How to Prepare Your Finances for Renting

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

Did you know credit can factor into the apartment application process? Credit is ONE of the MANY factors landlords take into consideration. Tune into this week’s #CreditChat for tips to help you prepare financially for your next move.

Topic: Moving Out On Your Own: How to Prepare Your Finances for Renting

When: Wednesday, January 25, 2023 at 3 p.m. ET.

Where: Join the live hashtag discussion

The panel will include: Jason Vitug: Wellness advocate, bestselling author, entrepreneur, producer, and founder of the financial wellness website; Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Questions we will discuss:

  1. What considerations should you make when deciding if you’re ready to move out on your own?
  2. What expenses should you prepare for when moving out on your own?
  3. How can you establish a realistic budget for living on your own?
  4. How can you prepare your credit to have the best chances to qualify when you apply for a lease?
  5. How can you research prospective locations?
  6. Planning to live with someone? What considerations should you make when choosing a roommate?
  7. How should you split bills when living with someone else?
  8. What steps should you take to protect your financial health when renting an apartment?
  9. How can you save on moving expenses?
  10. Any final tips for someone preparing to rent?

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions we will discuss:

Check out our complete list of upcoming personal finance Twitter chats here.

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