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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