Adult Financial Literacy Guide | Page 19

Your First Place
Start-Up Costs You will have some initial expenses if this is your first time living on your own . Some of these are :
Moving Expenses . Are you renting a vehicle ( like a U-Haul )? Have your own vehicle or borrowing a friends ’? Can you do it on your own , or will you need help ?
Moving supplies . Boxes , tape , bubble wrap or something to wrap fragile items in . Rather than buy boxes you can always check out the online classifieds or the grocery store for free boxes .
Furnishings , small appliances , everything for the inside . Big furniture and small furniture – you will need it all ! There are some things you can get away with not buying ( e . g . TV ) and there are definitely some things that will be difficult to do without ( e . g . bed ). New furniture can be quite expensive if you are starting from scratch .
Kitchen . This one room could really set you back , depending on how much you need to buy . At minimum you will need ; pots and pans , dishes and cutlery , cooking utensils , garbage can .
Photo credit myguys . nova via Visualhunt CC BY-SA
Bed and Bath . You could keep this pretty basic and stock bedding ( sheets , blankets , pillows ) and towels .
Food . Since you are stocking your shelves for the first time this can be a big expense .
Other . Important to have but often missed is cleaning supplies ! You may also need to get curtains / blinds if they aren ’ t included with the place you are renting .

Your First Place

You may want to check out places like thrift stores , and second hand shops to see if you can find the things you need at a lower cost .
Page 23 has a start-up expenses template that you can use to help you see what your moving related expenses are . You could then use this info to prepare a budget for the cost of your move . This list is also available online at : http :// www . fcac-acfc . gc . ca / Eng / forConsumers / lifeEvents / movingOut / Pages / StartUpE-Grillede . aspx
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