I've been at my current job for over a year now and it's got solid pay ~$60k/yr. I've still been bumming it at my parents with the goal moving out by buying my own place - likely with a friend who'd pay me rent.
However, with the housing market as it is with 8% interest rates and low supply it seems I'm stuck kicking back with my parents again.
At the same time, I feel like I'm stunting my development as I'd held off any serious relationships until I have my own place.
Renting doesn't seem ideal unless my parents kick me out (unlikely, we all get along and I pull my weight) as I just see it as lighting money on fire I could be saving for an actual house.
ATM I'm thinking of bitting the bullet for inflated interest rates as I'm in a good place financially (I have zero debt) but it does make me concerned that the “you will own nothing” seems less and less like a conspiracy theory for the Zoomer generation.
Is this r-slurred? What is the best move here?
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What's your position and skillsets? Education? How old are you?
Staying at your parents isn't a bad thing. I was with my parents even though I was working most of my 20s until I moved out when I was 26 with no college debt and with my first "after college" job starting at 60k back in 2016.
This would be the most unideal time to buy a house while the market is being really stupid expensive right now. Like I'm seeing homes that haven't been remodeled in 40+ years looking for 300k. It's stupid.
while most mortgages suck there are alternatives that schizo listed, depending also on which banks you hit up too credit unions can be helpful too.
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Jr Sysadmin of sorts, mid 20.
No degree but certified linux-autism
Yup seems like the consensus is to stay at home and quit worrying about stunting growth.
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Yeah stay home, and if you want to make more money having no degree is a weak point with some if not most companies still so either an online thing or keep chasing certs. If your company offers education reimbursement I highly recommend you take advantage of it. Sys admin stuff is sys admin stuff, you either stick around to be the head admin of password reset monkies or branch out into development and make more $$$.
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I'm significantly less worried about the degree now that I've had this job for a year, but will be pursuing certs. I can probably get Red Hat and generic Linux ones with minimum effort.
I kind of like being reset monkey guy if i can continue earning more
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If you don't want hardcore computer science there is always the computer science and information or just computer information degree. but go for comp sci and info since that looks better.
The max you'll prob ever earn is like 80k doing that before you get replaced by a sexy Indian dude or a robot. Dont waste your 20s just kicking back and relaxing if you want to earn more.
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I just absolutely hate formal education.
I'm okay with working below market rate if I don't have to suffer through proper schooling or taking on debt.
100% on board with certifications though, no disagreement there.
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I hear ya but trust me getting through those pain points will be done easier now than later when you're older and more would already be expected of you.
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