Harvard University Off Campus Housing
Harvard University off campus housing costs will be ones you need to prepare for before you even begin searching for an off campus housing apartment. You probably are already anticipating paying rent on your Harvard off campus housing. Since rent payments will most likely take up the largest portion of each month's budget, it is very important to find off campus housing arrangements you are sure you can reasonably afford.
Setting up an Off Campus Housing Budget
Many Harvard University students find that it is easier to meet monthly rent expenses when they share off campus housing in Cambridge, MA. A three-bedroom apartment shared by several Harvard University students becomes almost more affordable for each of them than any one-bedroom apartment in the Cambridge area. Along with rent on the Harvard University off campus housing you need to prepare for utilities.
Utility payments are probably going to fluctuate especially during the MA winters and summers when heating or air conditioning use will raise the associated utility bills significantly. One way to prepare for this is to average out the highest amount likely to be incurred for any particular utility bill payment over a year's time. Use that high amount to budget initially for all your Harvard University off campus housing expenses.
It is better to over estimate utility expenses at first. This way, you might be surprised in a good way when the electric bill always comes in a few dollars less than you had reserved for it. You will certainly find that it is better to be surprised in this manner than to be caught short owing more money you cannot possibly earn in time for the bill to be paid properly. This is something that could cause you to fall behind on utility payments, and that only makes the amount owed more difficult to come up with which can result in having the utility shut off.
Many Harvard University students probably feel they know better than to budget improperly for Harvard off campus housing. Yet, renting an apartment can involve many additional unexpected expenses over the course of your tenancy. It is always better to over estimate expenses when creating a budget than to underestimate them. Also, once you move to the off campus housing apartment, you can continue to make adjustments to the budget as you learn what expenses are truly like.
Do not forget to include day to day expenses when creating your Harvard off campus housing budget. These will be items like groceries, prescription medications, laundry, car payments and car insurance payments. If your off campus housing will require you to commute to Harvard University classes by mass transit means, those expenses also need to be included. The smaller expenses, like laundry for example, might seem negligible at first.
But, a few dollars each month towards laundry along with money for your commute to and from your Harvard University classes each day, add up. These little amounts can actually ruin a budget if you do not realistically plan for them ahead of time. Do not forget the cost involved in the move to your Harvard off campus housing.
Planning a Moving Budget
Before you even set a date to move into your Harvard University off campus housing, you are going to need plenty of money to put a down payment on the apartment you plan to rent. This amount will vary depending upon the rent for the particular apartment but make sure to reserve several hundred dollars ahead of time to meet your security deposit requirement. The thing to keep in mind is you most likely will be able to get that money back if you leave your Harvard University area apartment in the exact condition in which you rented it.
Finally, how much are you going to need to cover the actual move? If you will be hiring area movers to help that is another expense to save for prior to or during the hunt for the new rental. If you are going to be moving with the help of friends or fellow roommates, there is probably no need to save a significant amount of money for the move. Planning a move does involve a lot of budgeting work. Living on your own in an apartment can come with its share of unexpected expenses.
One way to keep those unexpected expenses from becoming financial tragedies is to obtain low cost renter's insurance on your Harvard University off campus housing belongings. Renter's insurance protects your things in the event of a fire or theft as well as many other unexpected circumstances. It is better to budget for a ten or twenty dollar a month insurance bill, however, than to be caught by surprise by a financial emergency after a break in or a destructive fire.