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93195 t1_jacr8qc wrote

It all starts with enough income to support yourself. Rent, food, utilities, car insurance, everything else. A film apprenticeship probably won’t cover it.

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lilfunky1 t1_jacs7ga wrote

> . I currently have [...] a car that is in my fathers name but i pay for such as gas etc.

Just say goodbye to the car. Paying for the gas doesn't mean you can make any claim on ownership.

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Justuraveragestoner8 t1_jacvoes wrote

I never said it did but my father plans on giving me the car when i turn 18 in my name

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lilfunky1 t1_jacwry4 wrote

> my father plans on giving me the car when i turn 18 in my name

you should mentally & emotionally prepare yourself for him to refuse when you ask him to hold up his end of this bargain.

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Justuraveragestoner8 t1_jacy4w5 wrote

Dude why are u so damn negative damn 😭

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lilfunky1 t1_jad03y9 wrote

> Dude why are u so damn negative damn 😭

To be blunt, if you had a good relationship with your father and if he was a good/honourable parent to you, you wouldn't be in this subreddit trying to figure out how to GTFO of his house the day you turn 18.

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DarkKnight_6969 t1_jad7kek wrote

I diagree with this because I couldn't wait to get out on my own and I had and still have a good relationsip with my father and that was 25 years ago. Every ones situation is diffrent. I would however, always plan for the worst case scenario.

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lilfunky1 t1_jad89ti wrote

> I diagree with this because I couldn't wait to get out on my own and I had and still have a good relationsip with my father and that was 25 years ago. Every ones situation is diffrent. I would however, always plan for the worst case scenario.

Check out OP's posting history for extra reasons to why I believe OP's father will reneg on giving OP the car.

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Reptoma t1_jad29r4 wrote

Because in real life you will often find many unexpected challenges. If you're prepared for these challenges, you can overcome them. If you are not prepared, those unexpected surprises may ruin your life.

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Win-With-Money t1_jacvwm4 wrote

Learn everything you can on personal finance. Here are some suggested goals (I'm a former HS financial literacy teacher so I have had plenty of these scenarios brought to me)

  1. Try and work as many jobs as you can. Enter your school's work half-day program (it may be called something else at your school).
  2. Do not spend any money on anything unnecessary. Suck it up as long as you can and see how much your dad can still cover. Don't party and don't waste any spending.
  3. Understand that your girlfriend is just that and not a wife. She may not be your girlfriend next year. You need to focus on how you can support yourself for now and not someone else. Please try to not get her pregnant.
  4. Get on a written budget and be as strict as possible with it. Be disciplined here.
  5. Ask for help from your teachers and counselors that you trust to see if they have extra resources available for you.
  6. Try to get a better job if possible or start a side hustle. Grass-cutting and pressure-washing (and similar) companies are always looking to hire hungry and motivated kids.
  7. Using your network, see if there are any low-rent apartments or shared-room situations to lower your rent as low as possible. This will be your biggest cost.

This is not for the faint of heart. I hope you know what you are getting into. You will be sacrificing all of your social life and more to do this but it can be done.

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sonnyfab t1_jacu807 wrote

Figure out how much you will earn per month from your film apprenticeship. Then make a budget for monthly spending on rent, groceries, utilities, transportation and insurance.

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lilfunky1 t1_jacskht wrote

You should probably just google "cost of living (your city)" and find a chart that shows the low/average/high amounts of money people spend on typical living expenses like rent, utilities, transportation, food, etc

Start from there and see how much you need to earn every month after taxes. Then add 30% on top for taxes/deductions.

Then look for jobs that will be paying that amount of money that you can apply for and would be willing to hire you.

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DarkKnight_6969 t1_jacvovo wrote

Fastest way to get out on your own would be to join one of the branches of the military. This option usually pay ot a decent bonus and pays for school. You could join a active component or guard/reserve for part time but you will likely deploy somewhere before the term ends. Second would be try to get a colledge grant or scollership an move into a dorm, finish colledge and get a decent paying job. Like mentioned above don't rely on you gf this could end badly. Coast of living varies per state so google cost of living where you plan to locate to. Life is not easy so start saving now it will help you in the long run.

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Flanky_Bwai t1_jacs8cl wrote

Your question is pretty vague (like what do you want to know about being financially independent?) so I will assume you just want to calculate how much you need to make.

Calculate your monthly expenses: transport, food, health, rent, utilities etc. Increase that by 5% to roughly account for inflation by the time you graduate. Now calculate how much you would need to make before income tax.

Also, make sure you are making this number on your own (don't depend on splitting expenses with gf. better safe than sorry)

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AceyAceyAcey t1_jacso42 wrote

You need income. Are you working part time? How much will the film internship pay?

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Justuraveragestoner8 t1_jacyaxn wrote

I am working part-time and already have a savings acc

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AceyAceyAcey t1_jad1eor wrote

Okay, so you want to move out. In most markets you will need to be able to pay three month’s rent up front: one for the first month’s rent, one for the last month’s rent (so you don’t pay it when you move out), and one as a security deposit. Many landlords also want to see that you are making 3x the monthly rent in a month of work, so you may need to show pay stubs that prove that, or a bank account statement with at least 3-6 months saved up. So your next step is to find out the going rate for either studio apartments for yourself only, or a shared apartment or house with roommates.

You also wish to check out r/Adulting or r/internetparents for more support along these lines, especially if you don’t want to get more nitty gritty into the exact dollar and cents amounts, since this sub usually wants that.

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Liquidretro t1_jacy0gp wrote

You can start by getting your own bank accounts in only your name, and originals or copies of all your vital documents like Birth Certificate, SSN card, State ID/Drivers License, Passport, etc.

If you were financially responsible you could get a secured credit card to start building some credit. The more savings you have going into this the better off you will likely be. Most of the places where you can make a career in film, tend to be higher cost of living places. It's not an industry that's known to pay particularly well for entry level or apprenticeships and is very competitive. Good luck going down that road, it's certainly not without a large amount of risk.

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GeorgeRetire t1_jad50cj wrote

Figure out what your expenses will be. Then find a job that can pay those expenses.

Being financially independent from your family is that simple.

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>a car that is in my fathers name

I assume you will buy this car from your father?

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KangarooNecessary842 t1_jaegvf8 wrote

Live under your parents roof as long as possible. Unless you have a valid reason for leaving. Rushing out and moving away will set you back greatly. You are very likely to accumulate debt and will be living paycheck to paycheck.

1