The obvious expenses when leaving the nest may be rent and groceries but it's also important to consider things holistically and factor in costs related to electricity, household cleaning products, laundry essentials, petrol, entertainment, stationary, and more. Budgeting for all these aspects is critical because without keeping track and being prudent, it's easy to overspend and be left with too much "month" at the end of the money.

Roux helped her son create a list of expenses with this in mind. In addition, she guided him to evaluate various options and their impact on his pocket - for example, the cost of petrol to drive to university versus the rental of an apartment much closer to campus. In our lives, we will constantly face decisions like this.

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Sanlam Ltd. published this content on 15 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2023 08:17:12 UTC.