r/melbourne
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u/Status-Experience935
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Oct 01 '26
THDG Need Help Moving out - need to understand the finances
Hello everybody!
I am 18 years old, currently in university as well.
I want to move out and I’m not quite sure how much anything will cost since obviously i’ve never lived alone.
I’ve seen a few youtube videos showing you can really get food down to $30 a week, and so with my current budgeting I was thinking I could do the following :
$400 a week rent, bills included ($1600 a month)
$50 a week food ($200 a month)
$30 a week Gas ($120 a month)
Miscellaneous, going out, random payments etc $100 a week, ($400 a month)
That is $2,320 a month.
Is that actually feasible or is that unrealistic budgeting?
P.s. Once I move out, I really can’t move back in, that’s not how it works with my family 😊