Our top life hacks for moving out for the first time

Moving out and getting your own place for the first time can be exciting. Everything is new and you’re finally in charge, but BEWARE! You don’t want to go broke in the process. There are some pitfalls to avoid, especially when it comes to tenancy agreements.

Here's our guide to breaking free – without breaking the bank!

Here’s a little more on our top tips:

Budgeting is life

(Well, it will be from now on!)

  • Take notice of your incomings and outgoings. They will help you understand what you really need to spend money on.
  • Plan ahead for travel and food. Booking travel in advance can save you money, and a 16-25 Railcard will save you cash on every journey.
  • Buying food in bulk and prepping meals will also help you cut down on money and food waste.

Beastly bills

Don’t get caught out by unexpected utility (gas, water and electricity), council or broadband bills.

  • Check with the landlord what the tenancy agreement makes you pay for alongside your rent.
  • Budget to pay for these extra bills.
  • Utilities can be paid automatically when you set up a direct debit with your bank, but be aware they will come out of your bank account on different dates. So whether you’re paying alone or splitting the bills with others, keep a log of what needs to be paid, and when.
  • Shop around. Comparison websites can help you find the best deal available to you.
  • When you set up an account to pay utility bills, you’ll be asked to provide accurate meter readings. Your meter is probably in a cupboard, but you can ask the company to help you find it!


You pay a deposit to your landlord to cover any damage to the property. It'll normally cost you as much as one month's rent. If there's no damage, you get your deposit back when you leave.

  • Look for a landlord who uses a DPS (deposit protection scheme). The scheme holds the deposit and it can help settle any arguments between you and your landlord.

Going it alone is exciting and can be lot of fun, but it also requires a lot of responsibility. Step up, take control and be savvy!

The danger of debt
How do I pay for university?
Starting your first job – How does it work?