YAS! or PASS: 5 Questions to Ask Yourself to Know Whether or Not You Should Get Your Own Place

So, you’ve reached the point in your life where you could use a bit of independence and more space for yourself. But the thing is, you’re not 100% sure whether or not you should move out and get your own place or wait ‘til the time is “right” and stay where you are right now.

According to a survey, 63% of millennial respondents said they were extremely happy with their present living situation because they have their own place, and the top reason they’ll consider moving out is if it’s for a job opportunity, while some do it to beat the Metro Manila traffic.

Depending on the situation you’re in or the reason you’re moving out, consider asking yourself these questions to further solidify your decision about getting your own place:

1. Do you have enough money saved or do you make enough to cover all your living expenses?

This is almost a fundamental question when it comes to making big life decisions. It sounds silly, but it’s one of the most important things you should consider before moving out. If you’ve been saving up for years for this, then you’re on the right track and you don’t have to worry much. But you also have to consider your current financial situation; whether or not you have a stable job that allows you to make enough money to support your lifestyle.

If you’ve saved enough and you have a stable income, then you’re almost set to hop onto the next chapter of your life.

1. What is the reason you’re moving out?

So, you’ve decided you want to live on your own, but why exactly are you moving out? Before you make this big life decision, you must carefully assess your reasons and make sure you’re not doing it solely because of peer pressure. If that’s the case, and you’re moving out for someone else, then maybe you have to rethink your decisions and assess them. 

Going back to the survey we presented at the beginning of this article, here are some of the reasons respondents said they’d consider moving out:

• For a job opportunity - 33.41%

• To live in a facility with excellent amenities - 16.49%

• Just to beat traffic - 15.56%

• If it’s cheaper - 13.61%

• To be independent - 6.48%

• For a serious relationship or marriage - 5.54%

• A place with good surroundings - 3.6%

• If I found better people to live with - 3.24%

• If pets are allowed - 1.08%

As you can see, most respondents said they’d move out if it’s for a job opportunity or if it makes living easier and more convenient for them. Meanwhile, it would also help if you’ll be able to identify your reasons for moving out and consider weighing the pros and cons before coming to an irreversible decision.

1. Does living with others distract you from pursuing your hobbies or interests?

In a traditional Filipino family, this conversation already seems taboo or unnecessary as we’re used to living with our parents and siblings until we’re married or having our own family. But the thing is, in today’s society, more millennials prefer living independently for reasons we’ve identified in the previous paragraph.

In case you feel like your current living situation limits you from pursuing your interests and hobbies, if you’ve done the first two steps, and you have faith that you’re capable of supporting yourself, then there’s no reason you should hold back. However, there’s more to this life decision than having saved enough money and identifying your reasons.

1. Are you emotionally, mentally, and physically prepared to move out and live on your own?

Without a doubt, one must have ample time to prepare the body and mind for big life changes, especially if it’s for the long term. It’s perfectly normal to feel nervous or anxious if it’s your first time living on your own, which is why it’s crucial that you’ve prepared yourself for this big transition before you push through with it. 

If you can, you may settle your unresolved issues with your parents or family members if it would make you feel more at peace with your decision. On a lighter side, if you and your family are on good terms, you might want to schedule or plan your visits to maintain communication, and assure them that you’re not moving out because you don’t want their company, but because you think it's the best decision you can make for yourself at the moment.

1. Have you considered the location, price point, facilities, and fees you need to settle for your new place?

Finally, when you’ve answered the first four questions and you’re done assessing your decision, it’s time to consider the place you’re moving into. 

Will it make commuting easier for you? Is it accessible to all your lifestyle needs? Is the price reasonable? Does it have excellent amenities and facilities? These are only some of the things you must consider before moving into a new place. Luckily, there are developers who have been in the industry for years and have proven their expertise in the field. You can look into these developers and their projects to help you decide better.

Find a developer and discover your home options

Empire East, the country’s top real estate developer with a track record of building affordable and high-quality homes for 27 years, offers a selection of pre-selling condos near BGC, Ortigas, Makati, and Mandaluyong, and rent-to-own condo units around Metro Manila.

You may reach out to an accredited sales representative to assist you with your inquiries regarding the project.

If you are interested in moving to a condo near Ortigas and BGC, you might want to check out Empire East Highland City, a 22-hectare township packed with all the necessary facilities and is accessible to all your daily needs. This condo for sale in Pasig-Cainta is also Empire East’s largest project to date. 

And the good news? You can get your own unit at the country’s first elevated city starting at 9,000 monthly under their EXTENDED HOME OPPORTUNITY ALERT PROMO until September 30, 2021!

Book a schedule for a FREE virtual home tour

One of the most convenient ways to find your new place is to tour the property without leaving the comforts of your home! You may do so through Empire East’s FREE walkthrough. All you need to do is send us a message and type “HOME TOUR” and one of our accredited agents will get in touch with you. You may also send an email to inquiry@empire-east.com or call 0917-8EMPIRE.

All the best for your moving out process!

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