Do you want to learn how to move out at 18 with no credit, little money, or even no money? Here’s what you need to know. There are many reasons for why you may want to move out at a young age – perhaps you have a difficult home life, you want to move somewhere…
Do you want to learn how to move out at 18 with no credit, little money, or even no money? Here’s what you need to know.
There are many reasons for why you may want to move out at a young age – perhaps you have a difficult home life, you want to move somewhere new, or you just want your own space.
I moved out shortly after turning 18 (about a week or so after my 18th birthday) into a rental home, and while I was not prepared at all, I do think being prepared to move out at a young age is extremely helpful. I made many mistakes that led to many, many tears, money wasted, stress, and more.
Today, I want to help you avoid as many problems as you can.
After all, moving out at 18 years old (or any other young age) is already really hard, and there is such a huge learning curve.
Moving out when you turn 18 is a big step into becoming an adult. Even though it can be exciting, moving out for the first time needs to be planned carefully. Before you leave, it’s important to make a plan to make sure you can afford it and stay on your own.
This means finding a job, making a budget you can stick to, and saving money for unexpected costs.
How To Move Out at 18
Below are ways to move out at 18.
Recommended reading: Buying a House at 20 (How I did it)
Make a plan to move out at 18
I highly recommend having a plan if you want to move out at 18 years old.
Moving out at 18 is a big step, and making a plan will help everything go a little more smoothly.
You will want to think about things such as:
Where you will work
How you will pay your bills
If you will live with a roommate or on your own
What your budget will be like
What you’ll do if things get tough, such as if you can’t afford your rent
What you will do for health insurance and medical bills
And so much more.
I will be going further in-depth on many of these below.
Find ways to make money
If you are 18 and want to move out, then you will need to have a stable source of income, of course. There are many options for earning money, from traditional jobs to more flexible side hustles.
A full-time job typically gives you more hours and benefits like health insurance, which are helpful when you’re living on your own. If you have other things going on, a part-time job might be better because it offers more flexibility while still giving you money (but, you may not earn as much money). You can find job openings online, at job fairs, or on community bulletin boards. Jobs like delivering food can be either full-time or part-time, and companies tend to need people.
If you want to make more money, you can side hustle to make extra income – a way to make extra cash that you do alongside your main job. You could freelance by doing things like writing, teaching tutoring lessons, or designing graphics. Or, you could babysit for families nearby, walk dogs, or help people with tasks or errands. These little jobs can add up to a lot of money and give you the flexibility to work when you want.
When I was young and first moved out, I worked full-time at a retail store. I also eventually started a few side hustles (like blogging, freelance writing, and selling stuff online) so that I could pay off my student loans quickly. Living on your own is not easy, especially when you are young and your income is not that high – so side hustles may be needed so that you can make enough money to pay your bills.
Some helpful articles to read include:
Create a budget
When you’re ready to step out into the world at 18, you need a budget. I can’t think of any young adult who would not need a budget.
Budgets are great because they help you keep track of your money coming in and going out. With a monthly budget, you’ll know exactly how much you can spend on different things each month as it helps you see how much money you have and where you might need to cut back on spending.
A budget will help you to figure out if you can afford to live on your own, if you need to have roommates, or if you need to find a cheaper living arrangement.
Making a budget is easy. First, write down how much money you make each month from your job or other places. Then, write down what you need to spend money on each month, like:
monthly rent
food
phone bill
internet
car
fuel
utilities like electrical, water, trash, sewer, gas/propane
car insurance
medical/health
pet care
restaurants
cable, satellite, or any TV monthly subscriptions
household essential items, like toilet paper, trash bags, etc.
and some money for fun stuff too
Knowing your monthly expenses will help you to better manage your money so that you won’t go into credit card debt.
Recommended reading: The Complete Budgeting Guide: How To Create A Budget That Works
Save for the move (and open a bank account)
When you’re getting ready to move out at 18, saving money is obviously very important. If you can help it, I do not recommend moving out with no money saved.
Think about all the costs you’ll face – like rent, your first security deposit, food, and any unexpected things that pop up. You’ll want to tuck away money for this.
How much should you save to move out? A good rule is to save at least three to six months of living expenses. For example, if you spend $1,500 a month, aim to save between $4,500 and $9,000 before you head out on your own.
This will be your emergency fund. An emergency fund is money you save up for unexpected things that might happen. This could be paying bills if you lose your job or if your hours or pay get reduced. It could also cover unexpected expenses like a car repair, medical bill, or fixing a broken window.
An emergency isn’t something like buying a birthday present, a new TV, or going on vacation.
Having an emergency fund is smart because it can stop you from getting into debt you don’t need. Some people rely on their credit cards for emergencies, but that’s not a good plan.
I also recommend getting your own bank account for all of the money you save. It’s a safe place for your money, and it helps you track what you earn and spend. Plus, you’ll need it for things like direct deposit from jobs or paying bills online.
I personally use Marcus by Goldman Sachs for my savings account as they have a very high rate. You can get up to 5.50% at the time of this writing through a referral link bonus. According to this high-yield savings account calculator, if you have $10,000 saved, you could earn $550 with a high-yield savings account in a year. Whereas with normal banks, your earnings would only be $46.
Improve your credit score and history
When you’re moving out of your parents’ home, having a good credit score is super helpful. This is because your credit score and credit history may be used for things like getting approved for an apartment and getting signed up for utility bills.
If your credit score is low, then you may be denied an apartment and even have to pay large deposits to get signed up for utilities (like water and electric).
Here are some important things to know:
Understand credit utilization – This is all about how much credit you’re using compared to how much you have. Try to use less than 30% of your credit limit. Say your card has a $1,000 limit. Aim to spend no more than $300.
Always pay on time – You should pay every bill on time, every time. Even being a little late can hurt your credit score a LOT!
There are other ways to improve your credit, such as by getting a secured credit card or becoming an authorized user on a family member’s credit card.
Here are two really helpful articles I recommend reading:
I also recommend keeping an eye on your credit by checking your score and report. Sites offer free checks, and it’s good to know where you stand. That way, you can fix any mistakes fast.
Think about where you’ll live
When planning to move out at 18, picking where you’ll live is a huge step.
Here are some things to think about:
Think about who you’ll live with. Living by yourself can be expensive so sharing rent and other bills with roommates can save you money, but make sure you choose your roommates wisely. You’ll be sharing your space with them, so it’s important to pick people who are responsible and trustworthy (and will actually pay the bills!).
Try using online tools to compare different areas. You can check things like crime rates, public transportation options, and how close they are to places you need, like grocery stores.
Think about the cost. Can you pay the rent and utility bills every month? Make sure to include these costs in your budget. Sometimes, living a bit farther from popular areas can be cheaper.
For my first home, I rented a very small 400-square-foot home with no real bedroom. But, it was within my budget and next to my college (I lived a few miles away), and surprisingly affordable.
Talk to your parents
When you’re getting ready to move out at 18, it’s important to have a conversation with your parents. This might feel hard or even impossible, but remember that clear communication is important.
I recommend choosing a time to tell them when your parents aren’t too busy or stressed as having this conversation when everyone is relaxed can make it easier for everyone to talk openly.
I think it is also helpful to think about how your parents might feel. If you’re the first to leave the home, they might find it tough. Try to understand their perspective and mention that you’ll stay in touch and visit.
And, be ready to show them your plan. Your parents will want to know you’ve thought things through. If you’ve been saving money, let them know. Talk about your job and how you’re managing to support yourself. It’s good to tell them about the place you’re planning to move into and how you chose it.
How to move out of your parents if it isn’t safe
So, after reading the above, I know that some of you may not have a good home life. You may not feel safe telling your parents that you are moving out.
If that’s the case, then I recommend reading this section.
Sometimes, home isn’t the safe place that it’s supposed to be. If you’re in a tough situation and need to leave at 18 but can’t talk to your parents about it, you’re not alone.
Here’s what you can do:
Find an adult you trust – Look for someone you trust, like a teacher, counselor, or family friend. They can maybe give you support and help you figure out your options.
Plan ahead – Start thinking about where you’ll go and how you’ll support yourself. Look into shelters, transitional housing programs, or staying with a trusted friend or relative.
Know your rights – As you turn 18, you have rights. Learn about your options for housing, education, and employment because there may be resources available to help you.
Stay safe – If you’re in danger at home, prioritize your safety. Contact local authorities or organizations that can help you leave safely.
Take care of yourself – Moving out can be tough, but remember to take care of yourself emotionally and physically, such as by talking to friends, finding support groups, or talking to a counselor if you need to.
Leaving home at 18 without being able to talk to your parents is hard, but it’s not impossible. Reach out for help, make a plan, and remember that you deserve to live in a safe and supportive environment.
Get free stuff for your new home
One of the big challenges of moving out on your own is affording all of the different things that you need.
Luckily, there are ways to get things for free or really cheap.
Some of the top ways include:
Facebook Buy Nothing groups – This is my favorite place to start if you want to get things for free. These groups promote recycling and reusing items instead of throwing them away when you’re done with them. To begin, look for and join a local Buy Nothing group on Facebook. You can search for groups for your city. People list their free stuff all the time, such as furniture, electronics, clothes, and more. You can even make a post asking if anyone has something that you need.
Ask family and friends – Your family and friends might have extra stuff they’re willing to part with. They might even be happy to see it go to a good home – your new home!
Check online platforms – Websites like Craigslist, Freecycle, and Facebook Marketplace can be goldmines for free furniture. People often list items they want to get rid of quickly.
Visit thrift stores and yard sales – Thrift stores and yard sales sometimes offer “free bins” or low-cost items they want to get rid of fast.
Attend college move-out days – If you live near a university, go there on move-out day. Students tend to leave behind perfectly good furniture that’s yours for the taking.
Community centers and churches – These places often have bulletin boards with listings for free items.
Always be safe when arranging pickups, especially with strangers. Always bring a friend or let someone know where you’re going.
Helpful articles:
Handling utilities and bills
Dealing with utilities and bills is a big step in moving out. Utilities are services you need like water, electricity, gas, and the internet.
Before you move, call or visit the websites of local utility companies. You’ll need to set up accounts in your name. This might include a deposit fee, so be ready for that.
I recommend making a list of all your expected bills. Rent, electricity, water, internet, and maybe gas are usually the basics. Add them up to see how much you’ll spend each month.
After you move in, you will want to find out when each bill is due. It’s your job to pay them on time as paying late can lead to extra fees or even getting your services turned off. Some companies let you set up automatic payments, and this means the money comes out of your bank account on its own each month. This can make sure you’re always on time.
You will want to hold onto your bills and receipts. This way, if there’s ever a mistake with a bill, your records will help fix it.
You can save money by being smart about using your services. Turn off lights when you leave a room and unplug electronics that you’re not using. You might also shop around for better deals on services like the internet.
After you get your first set of bills, you will understand why your parents wanted to keep the air conditioning off or why they always asked you to turn the lights off – things can be expensive!
Also, remember that different times of the year will impact your bills. For example, your electric bill will most likely be a lot more expensive in the summer than it will be in the spring or fall.
Maintain your home (housekeeping)
Moving out at 18 means taking on the responsibility of housekeeping. You might be surprised how quickly your new home can become cluttered and get dirty.
Keeping your home nice starts with regular cleaning, and I recommend setting aside some time each day for tasks like washing dishes, making your bed, and tidying up the living area. This way, messes won’t pile up and become overwhelming.
Then, once a week, dedicate your time to deeper cleaning such as vacuuming, mopping floors, cleaning the bathroom, dusting, and doing laundry.
Housekeeping also requires tools and supplies, so you will want to plan your budget to include items like sponges, cleaners, and trash bags.
Make friends in your new community
Moving out at 18 is a big step, and making friends in your new community is important. It can make your new place feel like home. When you move, you might not know many people, but there are fun and simple ways to meet people.
Here are some tips:
Get to know your neighbors – Start with a smile and say hi to your neighbors.
Join local groups or classes – Look for groups that interest you. Love to paint? Find an art class. Enjoy cooking? Maybe there’s a cooking group nearby. Like rock climbing? Go to the local climbing gym. This way, you meet people who like what you like.
Visit community centers – Many towns have a community center. They have activities like sports, games, and events.
Making friends might take time, but it’s totally possible! Just be yourself and be open to talking to new people.
Balancing work and personal life
I’m guessing you will have a lot going on, between trying to work full-time and enjoying your life, and even possibly furthering your education.
I recommend trying to schedule your time so you don’t get too busy. Use a calendar or app to make sure you’ve got time for work, taking care of your place, and doing fun things too.
It’s okay to say no if you’re too busy. If you’re working a full-time job, you might not be able to hang out with your friends all the time. It’s all about finding a healthy balance between earning money and enjoying life. I had to say no to my friends many times because I was simply too busy. If your friends still live at home, it may be hard for them to understand this unless you explain your situation.
Plus, remember to take breaks. When you’re planning your week, set aside some time just for relaxing. Watching a movie, reading, or hanging out in the park are all great ways to unwind and give your mind a break.
Frequently Asked Questions
Below are common questions about how to move out at 18 years old with little money.
How can I move out fast at 18?
To move out quickly, focus on making a steady income and finding affordable housing. Create a budget to manage your expenses and look for immediate job openings or housing options. Saving as much money as you can right now is also super helpful.
How much money should I have saved by 18 to move out?
Aim to save at least 3 to 6 months of living expenses before moving out. This safety net can cover rent, groceries, and unexpected costs, giving you financial stability as you start on your own.
Can you move out at 18 while still in high school?
Yes, you can move out at 18 while in high school, but make sure you have a support system in place. Balancing school responsibilities with living independently can be very hard.
How to move out at 18 with strict parents?
When moving out at 18 with strict parents, communicate your plans clearly and respectfully. Prepare a well-thought-out plan to show them you’re serious and capable of managing your own life.
Can your parents not let you move out at 18?
When you turn 18, you’re legally an adult in most places, and you can decide to move out even if your parents don’t agree. However, it’s important to respect their opinion and explain your reasons. There are some places where you have to be older, so make sure you do your research.
Do I have to tell my parents I’m moving out?
While you’re not legally required to inform your parents in most places, it’s nice to talk about your decision with them, as transparent communication helps maintain a positive relationship after you leave.
Can I move out at 18 without parental consent?
Yes, in most places, at 18 you’re legally permitted to move out without parental consent. You will want to make sure this applies to your local area.
What things do you need when moving out of your parents’ house?
There are many things that you will need to move out of your parents’ house such as a bed, blanket, pillow, kitchen supplies, towels, a place to eat, a dresser, cleaning supplies, groceries, and more.
Is it realistic to move out at 18?
It is realistic to move out at 18 if you have a reliable income, a budget, and a plan for handling responsibilities. You will want to be as prepared as possible to move out at a young age because there will be many hurdles thrown your way, most likely.
How To Move Out At 18 – Summary
I hope you enjoyed this article on how to move out at 18 years old.
It’s really important to have a plan for a successful move when you are just 18 years old.
You’ll need to find ways to earn money regularly, like getting a job and even doing extra work on the side.
Having savings in the bank and an emergency fund will help you handle unexpected expenses without ruining your plans.
There are also many other things to think about, such as the cost of living, utility bills, your credit score, and more.
I moved out when I was just 18 years old, so I completely understand where you are coming from. I had no financial help from my parents and found and did everything on my own – from making money to finding a place to live, making all of my own meals, and more. It was hard, but it was what needed to be done.
Do you plan on moving out soon? Do you have any questions for me on how to move out at 18?
I might get a little sentimental today. This is the 20th anniversary of my — well, really our — weekly column. In addition to feeling old, I also feel grateful.
It was actually slightly more than 20 years ago that I was living in Southern California, working as a freelance writer, when an editor from the Orange County Register called. The paper was launching a monthly regional magazine targeting owners of luxury homes — think Laguna and Newport Beach — and he wanted a column that would be the antidote to potentially pretentious content.
“So,” I said, “you want a column that is not about rich homeowners and their chichi architects and their museum-quality art collections and the exquisite homes they build on the bluffs overlooking the Pacific and how the whole experience was one giant lovefest, and they had money left over?”
“Right,” he confirmed, “a reality column.”
He’d found the right writer. At that point, I had built two homes from the ground up, had the debt and cortisol levels to prove it, and had an arsenal of frustrations.
Still disbelieving, I added, “You want me to write about the tile mason with the drinking problem, the neighbors who won’t speak to you because you’ve had an outhouse and a Dumpster parked in your front yard for three months, the dogs who got so fed up with the construction they ran away in search of a rescue, and about how the remodel took three times as long, cost three times as much, and you weren’t speaking to your spouse at the end?”
“Exactly,” he said. “Sprinkle in some advice. Be the girl next door who has the same problems as everyone else but is two steps ahead, because you’ve made the mistakes and know who to call.”
Eighteen months later, my then-husband and I moved from Southern California to Colorado — just one of my many moves. And soon, I had a syndicated column. That former editor congratulated me, then ominously added: “It’s great to have a weekly column, but one day, you are going to run out of ideas.”
Until then, a dry well hadn’t been on my worry list. I flashed back to when I was in kindergarten and got in trouble for talking too much in class. I wound up in the principal’s office with my mother to discuss “the problem.” When the principal asked why I talked so much, the answer was easy. “I just have so many important things to say,” I said, which was unintentionally hilarious.
So here we are 20 years and 1,040 columns later, and I still have things to say and no shortage of topics. Because I have never been able to see where home design stops and home life begins, my columns are about both. Here’s a brief look back at some of the moments we’ve been through together:
The calamities: You were there when my two custom seven-foot sofas arrived with the upholstery fabric inside out, when the back patio in our new Colorado home fell three feet into a sink hole, and when our rescue dog on his first night with us tested our commitment on the one-day-old living room carpet. (Who gets a new dog and new carpet on the same day?)
The many moves: You were there through 10 houses and nine moves, including the move to Florida, where I had a stint as a live-in home stager and moved six times in four years.
The life changes: You were there when I sent each of my children off to college, entering some sort of self-imposed dorm-decorating contest in which I was the sole contestant. You were there through my divorce and remarriage, the loss of two parents and the gain of three grown stepchildren.
The micro and macro: Together, we’ve covered the minor (how to choose drawer knobs and tea towels) and the major (the meaning of home and belonging and how to leave a meaningful legacy.
Inside: Embark on a profitable journey with our guide on starting a bookkeeping business. Find the steps on how to become a bookkeeper and find success.
Starting a bookkeeping business from scratch can be an exciting yet nerve-wracking venture.
For many budding entrepreneurs, the formidable task of setting up a business adds a mix of anxiety and anticipation. The initial trepidation often stems from dealing with the unknowns of a new venture and the pressure of ensuring meticulous financial management of someone else’s finances.
However, with thorough planning and an understanding of the essential steps, such as crafting a solid business plan and obtaining the necessary certifications, these nerves can be managed.
By embracing your entrepreneurial spirit and equipping yourself with the right knowledge, you can lay a strong foundation for a successful bookkeeping business.
Plus it is easier to get started than you thought…
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What is a bookkeeping business?
At its core, a bookkeeping business manages the financial records of other businesses. They ensure accuracy, track receipts and expenses, and prepare financial statements – the financial bedrock upon which enterprises stand.
With an emphasis on accuracy and organization, they are responsible for keeping the financial data up to date and available for strategic decisions.
For many, this is a popular way to make money online.
Earn Extra Income with Bookkeeping
Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.
Find out TODAY if this is THE business you’ve been looking for.
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First Steps to Starting a Bookkeeping Business
Craft a Comprehensive Business Plan for Success
Your roadmap to success begins with a business plan. This document is crucial—it outlines your vision, goals, unique value proposition, target market, competitive landscape, marketing strategies, and detailed financial forecasts. Think of it as your strategic compass guiding you from startup to growth.
This takes your side hustle to an actual living thriving business.
Remember, your business plan is a living document. You must regularly review and update your business plan will help you stay on track toward your business objectives and adjust course as necessary to meet new challenges or opportunities.
Acquire Essential Certifications and Training
By obtaining the right certifications and training, you not only perfect your craft but also send a message of reliability and professionalism to prospective clients. While this may require an investment of time and resources, the credibility and expertise you gain are invaluable assets for your bookkeeping business.
Select bookkeeping courses that cover crucial topics such as accounting principles, financial statements, tax preparation, and accounting software. This education will deepen your understanding and sharpen your skills.
Stay updated with continuing professional education (CPE) credits to keep your certifications active and your knowledge fresh.
Familiarize yourself with popular bookkeeping software that you’ll use day-to-day. Being proficient in these tools will increase your efficiency and accuracy—qualities clients highly value.
Once certified, don’t forget to prominently display your credentials on your website and marketing materials. This can significantly bolster potential clients’ trust in your abilities and help establish your reputation as a qualified bookkeeping professional.
Bookkeepers.com Online Courses
Learn what you need to start your very own virtual bookkeeping business.
An overview of the bookkeeping business so you can see if it is right for you.
The tools you need to “wow” clients and get paid for your services and
How to create a steady stream of new clients without the need to “sell” yourself.
Learn More
Legal Considerations and Compliance
Setting the legal foundation for your bookkeeping business is not just a formality—it’s about protecting your operations and establishing credibility.
Register Your Business and Secure the Necessary Permits
Let’s look at the essential steps to ensure your business is registered correctly and fully compliant with regulatory requirements.
Choose a Business Structure: Decide whether an LLC, sole proprietorship, partnership, or corporation best suits your needs.
Register Your Business Name: This is a crucial branding element. Check for name availability and register it with the appropriate state agency, ensuring it’s unique and resonates with your target market.
Obtain an EIN: If you’re in the U.S., you’ll need an Employer Identification Number (EIN) for tax purposes, especially if you plan to hire employees. This number is also often required to open a business bank account and apply for business licenses.
Apply for Licenses and Permits: Depending on your location and the structure of your business, you may need various licenses and permits. Check local and state regulations to ensure you meet all legal requirements.
Register for State Taxes: If applicable, register for your state’s tax structure. This may include sales tax, unemployment insurance tax, and other business-related taxes.
Comply with Local Regulations: Ensure you’re familiar with local zoning laws if operating from home, and obtain a Certificate of Occupancy if required. If you’re part of a homeowners’ association, review any stipulations they might have on home-based businesses.
Understand Ongoing Compliance: Be aware of annual filings, renewals for licenses and permits, and other regulatory commitments to maintain compliance.
By being diligent with these legal prerequisites, you’re not just following the rules—you’re also sending a clear message about your professionalism and attention to detail.
Protect Your Endeavors with the Right Insurance
Insurance is the safety net that can save your bookkeeping business from unexpected financial challenges. It’s not about expecting the worst; it’s about being prepared for any situation that could undermine the stability and reputation of your business.
General Liability Insurance: This covers a broad range of issues, including bodily injury or property damage claims made by others.
Cyber Liability Insurance: As a bookkeeper dealing with sensitive data, you’ll want protection against cyber threats and data breaches.
Property Insurance: If you have a physical office or own valuable equipment, property insurance can cover losses from events like fire or theft.
By integrating the right insurance policies into your business strategy, you set up a protective fortress around the hard work and dedication you put into your bookkeeping business. Insurance should not be perceived as an unnecessary expense but rather as a prudent investment in your business’s longevity and reputation.
Setting Up Shop
Establishing a Home Office vs. Renting Space
Choosing the right environment for your bookkeeping business is a balancing act between professionalism, cost-effectiveness, and personal working style. Whether you decide on a home office or opt for a rented space, the decision will significantly impact your operations.
Home Office Advantages
Renting Space Advantages
Cost Savings: Eliminate commuting costs and monthly rent, channeling those savings back into your business.
Professionalism: A commercial office can provide a more professional setting for client meetings and create a clear boundary between work and home life.
Convenience: Enjoy the flexibility of setting your own hours and working in a stress-free environment.
Networking Opportunities: Proximity to other businesses in shared office spaces can foster relationships and potential client referrals.
Tax Deductions: You may be eligible for home office tax deductions, saving you money during tax season.
Amenities: Rented spaces often come with value-added services like receptionists or conference rooms.
Home Office Disadvantages
Renting Space Disadvantages
Distractions: Domestic life can disrupt your work, impacting productivity.
Overhead Costs: Monthly rent and utility bills will add to your business expenses.
Professional Image: Having a dedicated business address and separate workspace can often project a more professional image to clients.
Long-term Commitments: Leases typically require a long-term commitment that may be risky if your business circumstances change.
Ultimately, the decision depends on the nature of your clientele, your personal work preferences, and your budget. Also, this is great for a stay at home mom to make money.
Many bookkeepers find success starting with a home office and transitioning to rented space as the business expands. Others may find that a small rented office fits their needs right from the onset, or that a virtual office setup provides the perfect middle ground.
Selecting State-of-the-Art Bookkeeping Software
With the right bookkeeping software, you can streamline your operations, foster transparency with clients, and confidently tackle complex financial scenarios.
Adopting top-notch software will serve as both a foundation and a catalyst for your bookkeeping business, ensuring you remain competitive and responsive in a rapidly evolving industry.
Look into popular bookkeeping software such as QuickBooks Online, Xero, FreshBooks, and MYOB. Compare them based on features, ease of use, scalability, and customer support.
By taking the time to carefully weigh these factors, you will be better positioned to select bookkeeping software that not only meets your current needs but also supports your business as it expands.
Financial Foundations for Your Firm
Unravel Funding Options and Small Business Loans
Before seeking funding, calculate your startup costs including equipment, software subscriptions, legal fees, marketing, and initial operating expenses. This will help you understand how much capital you need to secure.
Typically, you should be able to start your bookkeeping business with little investment and add additional expenses as you grow.
If needed, there are a variety of funding sources available for new businesses. Research options like traditional bank loans, credit unions, Small Business Administration (SBA) loans, online lenders, and crowdfunding. When applying for loans or pitching to investors, a comprehensive business plan is essential. It should outline your business concept, financial projections, and growth strategy to demonstrate the viability and potential profitability of your bookkeeping business.
Smart Money Management from the Start
Establishing smart money management practices from the very inception is the same as being financially sound with your personal finances.
Open a Dedicated Business Bank Account: Keep your personal and business finances separate. This is fundamental for accurate bookkeeping and simplifies your tax situation come year-end.
Start With a Budget: Even before your first client, create a realistic budget for your business. Know the costs of all aspects, including marketing, equipment, insurance, and any other operational expenses. This will help prevent overspending and ensure your resources are allocated effectively.
Use the Profit First Formula: This simple formula will help you to pay yourself as well as have enough money for operational expenses and to pay your self-employment taxes.
By establishing and maintaining these smart money management practices from the outset, you’re not just safeguarding your bookkeeping business against common financial pitfalls—you’re also building a foundation for a prosperous financial future.
Marketing Your Bookkeeper Business
Digital Presence: Creating a Website That Converts
In today’s digital-first world, your website often makes the first impression for your bookkeeping business. It’s not just an online brochure; it’s a crucial tool engineered to turn visitors into leads and leads into loyal clients.
User-Friendly Design: Your website should be easy to navigate with a clean layout that directs visitors naturally from one section to the next. Prioritize quick load times and mobile responsiveness with Kadence to cater to all potential clients.
Clear Value Proposition: Immediately communicate what you offer and why a potential client should choose your bookkeeping services. Highlight your unique selling points front and center on the homepage.
Strong Call-to-Actions (CTAs): Use compelling CTAs to guide visitors towards taking action, whether that’s contacting you, scheduling a consultation, or signing up for your newsletter. Make it easy for them to engage with you.
Client Testimonials and Case Studies: Social proof can be incredibly persuasive. Showcase positive reviews, client testimonials, and case studies to build trust and credibility with prospective clients.
With a well-crafted website, your bookkeeping business demonstrates its expertise and readiness to cater to client needs, no matter where they are in their financial journey.
Networking and Navigating Social Media Strategies
Building a robust network and mastering social media can turbocharge your bookkeeping business’s growth. It positions you not just as a service provider, but as a thought leader in your field.
Identify the Right Platforms: Choose one or two social media platforms where your target audience is most active. LinkedIn, for instance, is a goldmine for professional networking, while Instagram can showcase your brand’s personality.
Create Valuable Content: Share content that resonates with your audience — tips to manage business finances, tax updates, or insights into bookkeeping trends. This positions you as an expert and invites engagement.
Engage Actively: Don’t just post and disappear; interact with your followers. Answer questions, join discussions, and show appreciation for their engagement. Building relationships is key to networking success.
Leverage Professional Groups and Forums: Beyond your own social channels, be active in online groups or forums related to bookkeeping and your clients’ industries to expand your visibility and establish credibility.
Your network and social media are not just channels for promoting your services; they’re platforms for sharing your expertise, engaging with peers and potential clients, and building a community around your bookkeeping brand.
Bookkeeping Startup Pricing, Clients, and Growth
Determining Competitive Rates for Your Services
Setting competitive, yet fair pricing for your bookkeeping services is a balancing act that ensures value for your clients and viability for your business.
Let’s explore how to establish a rate structure that meets the market demands and supports your financial goals.
Market Research: Begin by understanding what other bookkeepers in your area or within your niche are charging. This insight will help you benchmark your rates competitively. Keep in mind factors like experience, specialization, and location.
Value Your Expertise: Assess your qualifications, experience, and the quality of services you offer. Clients are willing to pay for the value you bring to their business, so price your services accordingly.
Consider Your Costs: Ensure your rates cover your expenses, including software subscriptions, continuing education, insurance, and taxes, while also leaving room for profit.
Pricing Models: Decide whether you’ll charge hourly, offer flat-fee packages, or adopt a value-based pricing model. Each model has its advantages and can be chosen based on the type of service or client preferences.
Communicate Your Pricing Clearly: Be transparent with clients about your rates. Clear communication prevents misunderstandings and builds trust from the outset. [Placeholder for sample pricing page]
Within your pricing strategy, consider the lifetime value of client relationships and the potential for added services down the line.
How will you find clients for your bookkeeping business?
Finding clients is the engine that powers your bookkeeping business and your income. With a strategic combination of diligent networking, tactical marketing, and leveraging existing relationships, you can start building your client base.
Utilize Online Platforms: Websites like Upwork, Fiverr, and LinkedIn can connect you with businesses looking for bookkeeping services.
Local Business Outreach: Approach local businesses directly. Offer to discuss how your bookkeeping services can alleviate their financial stress and add value to their operations.
Referral Program: Encourage word-of-mouth by setting up a referral program. Incentivize your current clients or network to refer others to you.
Social Media and Content Marketing: Create and share engaging content on your social media profiles to build brand awareness.
Community Involvement: Join local business associations, attend chamber of commerce events, or contribute to community projects. These can lead to connections and opportunities.
Offer Free Workshops or Webinars: By providing value upfront through informative sessions on bookkeeping and financial management, you can attract potential clients who are interested in improving their business finances. Also, you can partner with other professionals.
Professional Partnerships: Build relationships with accountants, lawyers, and business consultants who might not offer bookkeeping services but can refer their clients to you.
With a consistent and strategic approach, you can attract and retain the clients that are the best fit for your business, ultimately building a robust client portfolio. Remember, it’s not just about finding any clients—it’s about finding the right clients who treasure you.
Discovering and Retaining Your Ideal Clientele
Attracting clients is one feat, but discovering and retaining those who are the perfect fit for your bookkeeping business is where the real growth happens.
Offer Customized Solutions: Set yourself apart by tailoring your services to meet the specific needs of your clients. Show that you understand their industry and are invested in their success.
Provide Exceptional Service: Consistently deliver high-quality work, be responsive, and proactively address your clients’ needs. Clients will stay with a bookkeeper who goes above and beyond.
Host Client Appreciation Events: Small gestures of appreciation or exclusive events can strengthen business relationships and foster client loyalty.
Stay on Top of Industry Trends: Being knowledgeable about your clients’ industries can make you indispensable. Offer insights that can help them stay ahead of the curve.
Stay Ahead in the Bookkeeping Scene
Continuous Learning and Leveraging Industry Trends
The bookkeeping industry doesn’t stand still, and neither should you. Continuous learning keeps you at the forefront of evolving practices, ensuring your services remain relevant and your advice sound.
Keep Abreast of Regulatory Changes: Tax laws, financial regulations, and compliance standards can affect your clients; stay updated through webinars, online courses, and industry news.
Embrace Technological Innovations: New software and tools can streamline bookkeeping tasks. Be open to adopting tech that can improve your efficiency and the services you provide.
Participate in Professional Development: Attend workshops, seminars, and conferences geared toward bookkeeping professionals. Networking with peers can also uncover new trends and techniques.
By maintaining a commitment to continuous learning, you not only improve your own skillset but also enhance the overall value of your bookkeeping services.
Join Professional Associations for Peer Support
Being part of a professional association offers more than just credentials; it’s a direct line to a community of peers who can share insights, resources, and support as you build and grow your bookkeeping business.
By joining professional associations such as the American Institute of Professional Bookkeepers (AIPB) or the National Association of Certified Public Bookkeepers (NACPB), you demonstrate a commitment to professionalism and continuous improvement. These affiliations provide a wealth of resources to support you in delivering high-quality services and growing a thriving bookkeeping business.
Plus you can take advantage of seminars, webinars, and certification courses offered by associations to further your education and maintain any required continuing education credits.
Bookkeepers.com Online Courses
Learn what you need to start your very own virtual bookkeeping business.
An overview of the bookkeeping business so you can see if it is right for you.
The tools you need to “wow” clients and get paid for your services and
How to create a steady stream of new clients without the need to “sell” yourself.
Frequently Asked Questions (FAQs)
Yes, a bookkeeping business can certainly be profitable. It offers a low overhead cost model, recurring revenue opportunities through ongoing client relationships, and the potential to scale services.
With diligent financial management and strategic growth, profitability can be substantial.
While a degree is beneficial for deep knowledge, it’s not mandatory. Certification and practical experience can often suffice in starting a successful bookkeeping business.
In fact, this is one of the best low stress jobs without a degree.
Begin by gaining an understanding of bookkeeping principles, getting certified, investing in software, and slowly building up your clientele with strategic marketing and networking.
Ready to Open Bookkeeping Business?
Starting your own bookkeeping business can be a fruitful endeavor with the right preparation and education.
This guide outlines the key steps and provides direction on how to start a bookkeeping business, ensuring you cover all essential elements for a successful launch. With focus and attention to these structured steps, you’ll be well on your way to establishing a thriving bookkeeping business.
Still on the fence? Check out this free bookkeeping webinar to learn more.
With the right preparation, tools, and mindset, you can launch a thriving venture that supports businesses in their financial journey while growing your own entrepreneurial dreams.
Embrace the adventure—your future in finance awaits!
Just remember if you are looking for ways to make money fast, this one comes with patience and perseverance to make things happen.
Earn Extra Income with Bookkeeping
Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.
Find out TODAY if this is THE business you’ve been looking for.
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Designers and trend experts have shared with us their favored bedroom trends for 2024, from popular color palettes to furniture styles, lighting and more.
An important room in the home where you start and end each day, your bedroom should be a restful sanctuary of calm and comfort, as well as a joyful showcase of your style.
bedroom ideas, the classics will often remain, such as crisp, quality bedding, good accent lighting and practical clothes storage, but there will always be an array of wonderful new interior design trends to explore that can provide you with some beautiful inspiration for your sleep space.
These are the bedroom design trends to know about for 2024
Whether you’re looking to giving your existing bedroom a much needed refresh, or are starting from scratch in a new space, our round-up of the latest bedroom trends can help you craft the perfect scheme.
1. Embrace a cozy and cocooning color palette
Camilla Clarke, creative director at Albion Nord says, ‘going into 2024, your bedroom should be the ultimate sanctuary space. Fully embrace cozy and calming colors, particularly soft blues, and deep olive greens. Pairing these shades with warm lighting will help to create feelings of restfulness and serenity.’
Calming colors do not always have to be light and bright for bedroom color ideas, sometimes these lighter colors can make a space feel a little cold. Dark, moody and earthy palettes can work just as well in creating a warming, comforting and cocooning space that helps us feel more relaxed and snug.
This chocolate brown bedroom creates a wonderfully inviting, cozy feel, with the beautiful ochre headboard, ceiling wallpaper ideas and flowing curtains creating an elegant, uplifting contrast in the space.
Camilla Clarke
Elicyon says, ‘In 2024, I believe we are going to see an integration of vintage and contemporary design aesthetics to create one cohesive scheme throughout a room or home’.
From paint trends embracing a more heritage feel, to the surging popularity of upcycling second-hand finds and decorating with vintage and antiques, styling your bedroom with a mix of the old and new will create a more eclectic and unique scheme that celebrates styles of the past with designs of the present.
British Interior Designer, Matthew Williamson also supports this and says, ‘as we venture into 2024, I imagine we will see a resurgence of antique sourcing, reclaiming, restoring and upcycling. My favorite interiors to work on are those which don’t necessarily start from scratch or have a huge budget but those which have been designed with all these aspects in play. Considering what you have already and seeing it reworked in a different way can be so rewarding, more personal, and just as effective.’
From a statement antique dresser, to more traditional patterns used across upholstery and wallpaper ideas combined with vibrant, modern paint ideas, exploring more than one style or design influence will make for a more diverse and characterful bedroom space.
Charu Gandhi
accent color, to enhancing a space with eye-catching print and pattern, layering different styles and sizes of cushion will continue to be an enduring bedroom trend throughout 2024.
Brad Ramsey, principal and founder of Brad Ramsey Interiors says, ‘In 2024, expect to see layered collections of mismatched pillows used to style beds. As well as larger anchor pillows, smaller designs that feature beautiful patterns are also on trend for 2024 bedroom trends.’
Elisa Pillow Cover
Bali Pillow Cover
Jennings Pillow Cover
Brad Ramsey
The Citizenry share with us, ‘according to our data, our top trending materials of 2022 were all natural. High-quality sustainable woods including hinoki cypress from Japan and granadillo or mahogany from Guatemala. Textured, natural materials also had peaked interest including hand-braided palm baskets and rattan and wicker furniture. We see these materials continuing to uptrend into 2023 with an addition of bold marble and unique statement stone that nods to traditional European influences.’
From the timeless use of wood, to locally handmade textiles and pre-loved furniture, there are many steps we can take in our homes to create spaces that are long-lasting and environment-friendly.
5. Statement wallpapers are here to stay
Bedroom wallpaper ideas are a popular choice for many; enriching a space with beautiful color, pattern and eye-catching visual interest, and it seems for 2024, the bigger and bolder, the better.
‘We’re going to see wonderfully whimsical and immersive wallpapers transform rooms into escapist sanctuaries filled with mountains, temples, clouds and dense foliage,’ says Ed O’Donnell, co-founder of Angel O’Donnell.
We are also starting to see the rise of more unique, textured wallpapers in the home, establishing a heightened, tactile effect, ideal for creating an enhanced feeling of comfort and texture in a bedroom.
O’Donnell goes on to say, ‘densely patterned wallpapers and fabrics, nubbly wools, brushed fringes – textures will abound in 2024. Anything that beckons us to reach out and touch it, that feels good against our skin, will be top of our list.’
Ed O’Donnell
main bedroom in 2024 then blue – in all its variations – could be the solution.
In our round-up of the 2024’s Colors of the Year from some of our favorite paint brands, beautiful blue shades dominated the selection for upcoming paint trends, so expect to see a big rise in blue bedroom ideas across the home in 2024.
7. Layer your bedroom to perfection
Bedroom trends in 2024 are all about layering – whether that’s tonal variations of color on different surfaces, a mix of patterns that playfully explore a particular palette or a dynamic blend of textures. Two or three variations of each is enough to develop a richly pleasing space that is the last thing you see at night and the first thing the next day.
8. Supersize your headboard
Grand, super-sized headboard ideas have been a thing for a while now but the style is evolving for 2024. Colorful matt patterns have replaced glossy monotonal textures and shapes have become more complex. The rectangle has been superseded by curves and free-form asymmetrical pieces that are almost pieces of art in their own right. Find an upholsterer with headboard experience and discuss your ideas for shapes, sizes and fabrics before you make the order.
‘With the rise of the boutique hotel and its trending look in residential design, the headboard has become a brilliant focal point in bedroom decor. Look to the Firmdale Hotels for inspiration on using brave color and pattern, and have fun coordinating your headboard with a wallpaper or throw. Don’t be afraid to choose a more outlandish style, as this only adds more character,’ says designer, Martin Waller from Andrew Martin.
Martin Waller
decorating with art will always win in helping to make a room feel fully finished and more personal. A favorite artwork can be a classic starting point for a bedroom scheme. Make this your color cue – experiment with the colors used, select two or three, then take it from there.
As well as beautiful artworks, accessories such as houseplants, decorative ornaments, books and magazines can work wonderfully to bring a sense of personality to a bedroom.
10. Have confidence when it comes to color
Getting the color right in a bedroom can be a tricky business. Even with all their experience, it can take time for professionals to make a decision. There is a lot to consider – the size and shape of the space, the available natural light and its direction, who it is for, etc.
However, many of us are becoming more confident with color trends in our spaces, moving away from simple, neutral palettes in favor of shades with more depth and personality. For 2024 bedroom trends, embrace shades that bring you joy and work in effortless harmony with your personal style.
Emma Deterding, founder and creative director of Kelling Designs says, ‘where previously muted, neutral bedrooms have been popular, we are now seeing a huge move away from minimalist bedroom schemes, with clients being more daring with design choices. From statement wallpaper and creative wall finishes, such as polished plaster, through to bold and colorful fabrics and bed linen, clients want to inject personality into their homes, and this is no different in the bedroom.’
11. Put bedroom lighting at the forefront
For bedroom lighting ideas, different levels and types of lighting are key to switching the mood from practical – getting ready for work, say – to soothing and relaxing – when reading before going to sleep, for example.
Lighting is also something that needs to be considered when choosing colors – the right lighting can transform a room from cold to warm in an instant.
Sarah Barker from Vanrenen GW Designs thinks about functionality as well as aesthetics when selecting the right lighting for a bedroom. ‘Lighting needs to be low and atmospheric but it is important to be able to read. I am not so keen on overhead lights in bedrooms so we often use small wall lights next to the bed for additional attractive light.’
When exploring bedroom lighting trends for this year, remember, a mix of layered lighting will always create a successful lighting scheme.
12. Bring the outside in
The natural world will always be a timeless influence on interior design, with green bedroom ideas remaining one of the most popular choices for homes of all ages and styles.
For a beautiful, indoor-outdoor natural bedroom scheme, complement shades of green with warming wood tones, and other natural materials such as wool and stone, or bring in beautiful floral and botanical motifs – and plenty of houseplants and flowers.
Interior designer, Peak Petersen, design principal at Hoedemaker Pfeiffer supports this and says, ‘earth tones will reign supreme in 2024, especially for bedroom trends. Soft greens, such as Farrow & Ball – Card Room Green, are perfect for a bedroom.’
Peak Petersen
Farrow & Ball, Joa Studholme says, ‘we have moved towards the warmer tones of nature, like deep reddish browns and terracotta, which are strong and subdued but achingly fashionable. Incredibly chic by day and cozy by night, they bring a grounded but luxurious atmosphere in a bedroom that is thought-provoking as well as soothing, particularly when paired with other hues found in the natural world.
‘We crave warm tones that will enrich our homes and create cozy sanctuaries away from the outside world. Luxurious colors like red can be added to the most neutral of palettes by using them in the rooms we use at the end of the day, when we most want to relax and be comforted.’
Natasha Bradley, Lick Home’s director of interior design and color psychologist also says, ‘we have seen a huge trend in colors that make your bedroom a calm and comforting space that you can come to after the working day. As more people look to finding a balance between work and home life. These restful colors include both blue and green, and will work with a larger palette of colors influenced by the beauty of the natural world.’
Joa Studholme
Recipes for Decorating and How to Decorate, it’s no surprise that Joa Studholme knows Farrow & Ball’s palette and finishes inside and out. Joa has been with the brand or over 25 years – in that time, she’s developed color ranges and consulted on design projects all over the world, as well as helping countless color consultancy customers to transform their homes.
Tash Bradley
luxury bedding for our homes.
We spend so much time in our beds – nearly half of are lives – so it is crucial to invest in the right bedding, ensuring that your body is supported and comfortable and you feel fully relaxed and cozy.
‘There’s definitely a move towards relaxed bedding and comfy sheets,’ says Gemma Gordon Duff from Gordon Duff & Linton. ‘Linen, organic bedding and chunky wool throws are hugely popular right now and add to that feeling of sanctuary.’
Is gray still in style for bedrooms in 2024?
Gray bedroom ideas are still incredibly popular, but as we spend more and more time in our home, we have started experimenting with warmer neutrals, especially in the bedroom.
According to designer Tiffany Duggan, gray has very much been and gone, ‘we love color and a fully gray palette has never really been our thing. We do love neutrals too but err towards warmer colors such as soft buttery whites, bones and plaster hued nudes. I think gray based greens and blues are lovely and a perfect foil to brighter more impactful patterns and colors but the cool, commercial grays of the last decade do seem to be fading in popularity.’
On the other hand, ‘decorating with gray will always be in style because there are so many easy gray tones to work with,’ says Natasha Bradley from Lick. ‘They allow you a base shade that you can then bring other shades such as greens and blues in too.
Choosing the right grays for your home is really important as you can end up falling into a trap where the gray hue you have chosen ends up making your home feel dull and lifeless. When in reality the right shade of gray can make a space feel warm and sophisticated. Choosing a gray hue with a warm undertone of soft green can bring character and color into your home.’
We explore, is gray still on trend, in a separate piece.
If you’ve been inspired by these bedroom trends but want to ensure that you incorporate them in the right way to create a truly enduring design, we explore how to create a timeless bedroom in our dedicated feature.
If you’re contemplating joining a gym, the cost of membership will likely play a huge role in your decision. To make sure you spend your money wisely, pay close attention to the gym’s offerings and think carefully about whether you even need a membership to accomplish your fitness goals.
Here’s what to know before signing up for a gym, plus ways you might be able to save on membership.
How much does a gym membership cost?
Gym memberships cost between $10 and $100 a month generally, with even some well-known names on the lower end of that range. But rates can get much higher, especially at luxury fitness clubs.
Determining the true price you’ll pay for a membership can be tricky because many gyms obscure the details. For example, some clubs require a year’s commitment with payment upfront or will tack on a sizable fee.
Here are some of the baseline membership costs we’ve seen advertised at popular gym chains:
Planet Fitness: Starts at $10 per month plus taxes and fees.
24 Hour Fitness: Starts at about $10 a month plus tax.
Crunch Fitness: Starts at $9.95 per month.
Gold’s Gym: Starts at about $30 a month.
Costs can vary greatly depending on factors like the gym’s location, membership tiers and whether you choose to pay monthly or annually. Read the fine print on a gym’s website or ask a membership representative to disclose full pricing details.
What to consider before joining a gym
The price tag is important, but it’s just one of many possible things worth basing your decision on. Here’s what else to take into account as you shop around for a gym.
Your budget
A gym’s membership cost should be considered in context. Add up the other monthly expenses you’ll need to manage, such as groceries and utility bills, to see how much room you have in your budget. This can help you learn whether you’ll have enough money for a basic or top-tier membership, or if you should hold off on signing up for the time being.
If a membership isn’t in the budget right now, consider setting money aside in a separate savings account every month until you reach your target.
The gym’s location
Convenience is key. You’ll probably feel more motivated to visit a gym that’s close to your home, work or school than one in a distant neighborhood. Explore the options in areas you already frequent.
Think about whether a chain or a standalone gym makes more sense for you. Some gyms restrict membership to one specific spot while others allow you to use it at other locations in the network. You might pursue a flexible membership if you’d like access to your gym when traveling or the option to work out at sites near both home and work, for example.
The quality of the gym
Evaluate the facilities. Does the gym have the right type of equipment for the workouts you plan to do? Is there enough equipment to accommodate a rush of gym-goers during peak hours? Are the facilities clean and well-maintained or do they seem rundown?
Pay attention to what else the gym has to offer. Maybe it serves as a larger fitness center with classes and a tennis court. Ask yourself if amenities like a sauna, swimming pool and child care services are must-haves, nice-to-haves or unnecessary.
The gym’s hours
Unless you have a flexible schedule, a gym’s operating hours are going to be a crucial part of your decision. If you can only manage late nights or early mornings, you’ll need a fitness club that’s open at those times. It’s also wise to find out whether the full range of services is available during all hours.
Alternative ways to exercise
Think about if it’s even necessary to join a gym at all. There are many free or low-cost ways to work out, such as jump roping or following along with Pilates videos on YouTube.
If you plan to use only the treadmill at the gym, you could save money by going for a daily run instead. Purchasing your own equipment often costs less over the long term too.
Alternatives won’t always make sense, though. For example, you may not have space for barbells or a stationary bike in your home. Creating a home gym can also be expensive upfront.
Your motivation
How likely are you to go to the gym if you join? Think about your reasons for wanting a membership, plus how difficult it will be to physically get yourself to the gym.
If you have a demanding job or home life, maybe you won’t realistically spend enough time at the gym to make getting a membership worth it.
On the other hand, having a dedicated place to work out surrounded by other people exercising could be exactly the motivation you need.
Trial periods
Many gyms offer free trial periods or one-day passes. Testing out a facility can help you figure out if it’s a good fit before you make a financial commitment. Take advantage of free trials or guest passes at the gyms you’re interested in, if available.
Questions to ask before signing up for a gym membership
You’ve read through the list above and decided that you do in fact want to join a gym. Make sure you fully understand what you’re signing up for first. Getting answers to these questions is a good starting point:
How much would I have to pay upfront to join the gym?
How much does a membership cost on a per-month or per-year basis, including taxes and fees?
What services and amenities are included in the membership? Personal trainers could be one example.
Am I required to sign a contract?
How can I cancel the membership?
How to save money on a gym membership
Before you enroll, look for ways to get a good deal.
Get a referral
Have a friend or relative who’s affiliated with the gym you’re eyeing? Ask them if there’s a referral offer. You could get a deal such as a lower fee, gift card or free week’s worth of membership. The person referring you might receive similar benefits as a bonus.
Piggyback on someone else’s membership
Certain gym memberships include guest privileges, and some plans are designed for family and friends to share. See if you can tag along for free or split the cost with someone.
Use employee benefits
Many companies offer a gym stipend or corporate discount. If you’re employed, ask about any fitness perks that might be available to you. If your company doesn’t provide a discount directly, it may offer a health insurance plan that covers some fitness costs.
Look for offers
Some gyms lower membership costs at certain times of the year, such as Black Friday or New Year’s. Past promotions we’ve seen include waived enrollment fees and two years for the price of one.
Another potential source of savings: your credit card. The right rewards card can help you earn points or get cash back on your membership purchase. Check out some of the best credit cards with fitness perks or see if you can get an offer through your current card.
Ask about special discounts
Some gyms offer reduced membership rates to certain groups such as students, older people or military members. Ask around to find out if you qualify for any discounts.
He’s a wise-cracking country crooner who caught the heart of a ’90s pop icon.
Together, Blake Shelton and Gwen Stefani make up a beloved power couple that we just can’t get enough of. They may have seemed like an odd pair at first but there was NO DOUBT that their love was real.
How did this unlikely duo find each other? The two developed a friendship while working together at The Voice and bonded over their respective divorces in 2015. Their romance culminated in 2021 with a beautiful wedding held at their ranch home in Oklahoma.
With massive acreage, the property was the perfect location for their intimate ceremony. According to reports, the two tied the knot in a small chapel Blake built for Gwen. This was also the place where the proposal happened.
Are you swooning yet? If not, you will, as the tale of Blake Shelton’s houses is one of love and devotion, and we’re 100% here for it.
Blake Shelton And Gwen Stefani got married at their Oklahoma ranch
The couple opted to do an intimate wedding in a simple chapel just a mile away from their mansion.
Gwen said “I do” in a stunning Vera Wang gown, while Blake wore a black tuxedo jacket paired with classic blue jeans.
Their home (and the chapel) sits on Shelton’s massive 1,400-acre estate, known as Ten Point Ranch.
Blake built a chapel on the grounds of his Oklahoma ranch. He did it himself with help. It’s really a tribute to their love.”
a source shared with Us Weekly.
They built a lakefront mansion on the Tishomingo estate, which is just a stone’s throw away from Shelton’s hometown of Ada. The singer also owns a bar, restaurant, and merchandise store in the area.
Measuring approximately 2,000 square feet, the gorgeous mansion on the ranch boasts a long driveway lined with rows of trees on each side.
The drive leads up to the abode, which features a large, wrap-around porch, dormer windows, and a landscaped front garden.
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There is also a semi-detached smaller stone house by the side, which could be a garage or a guesthouse. At the back, there is a large pool, covered patio areas, and a terraced garden.
They also own a 13,000 sq. ft. home in Los Angeles
While their Oklahoma ranch played a significant part in their love story, Gwen Stefani and Blake Shelton live in Encino, Los Angeles, where they own a 13,000-square-foot home in the hills.
The mansion, which was purchased in 2020 for $13.2 million, is the first home Gwen Stefani and Blake Shelton officially bought together — and now serves as their primary residence.
Located in a secluded hillside, the 13,000-square-foot home has three stories, multiple spacious bedrooms, and a four-car garage, offering plenty of space for the couple and the kids — Gwen has three children from her marriage to Bush frontman Gavin Rossdale.
With a multi-million price tag comes a bevy of lavish amenities, including a state-of-the-art Atmos private theater, an oversized pool with its own spa area, a wet bar, an outdoor kitchen, a large cabana, and vast outdoor grounds for entertaining guests and enjoying family time.
While the couple has kept their residences private, Gwen has been giving glimpses of her home life on her social media accounts.
Followers on TikTok were psyched to see the couple’s bedroom decked out in snakeskin print and decorated with a multi-color tribal-style four-poster bed. The Hollaback Girl singer has also been sharing several kitchen adventures on her account.
Blake built a Hawaiian-style lake house for Gwen and her family
Before they tied the knot, Blake already had several impressive homes in his real estate roster.
From modest houses in rural areas to huge mansions, the singer has made an effort to spend his millions wisely. Throughout the years of upgrading to bigger spaces, Blake has made it pretty clear that he will always be a country boy at heart.
But he’ll do anything to make his girl happy!
Before their Encino mansion purchase, Blake also had a resort-style home built for Gwen in a quaint town by Lake Texoma.
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The Hawaiian-themed home features an all-white exterior with blue doors and shutters. To complete the tropical feel, there are three tiki huts and a tiki bar by the pool area. Situated right by the water, there are stunning views of the lake from almost every room in the house.
The relaxing vibe of the resort home has been appreciated well by Gwen’s whole family, who have been used to living in the city.
In an interview with ET, Blake expressed his happiness over introducing country living to Gwen’s kids and family.
“They love it so much, her entire family. And when I say her family, I mean all of them. We have so much fun,” he said. “I don’t think you should be able to have that much fun. It’s probably not legal in California.”
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Average U.S. mortgage rates for a 30-year fixed mortgage rose to 2.99% this week from 2.96% last week, Freddie Mac said in a report on Thursday.
The average 15-year rate rose to 2.54% from 2.46%, according to the mortgage financier.
The upward moves come after the Federal Housing Finance Agency approved a new “adverse market” fee for refinancings to compensate Fannie Mae and Freddie Mac for the additional risk posed by the economic crisis caused by the COVID-19 pandemic.
“The fact that Fannie Mae and Freddie Mac are assessing a 50 basis point adverse market fee on refinancings is not something that will reassure lenders, whether for refis or purchase loans,” said Keith Gumbinger of HSH.com. “That was a beacon telling the market `There’s a lot of risk out here,’ and that’s going to put upward pressure on rates.”
The course of the economic recovery is dependent on whether Congress will address the COVID-19 pandemic, Moody’s Investors Service said in a report on Thursday.
Speaker Nancy Pelosi (D-CA) called the House of Representatives back from its traditional August vacation this week, but the Senate remains on summer break and currently isn’t scheduled to be back in session until Sept. 7.
The Moody’s report panned the four directives signed by President Donald Trump on Aug. 8 that he said would address the lapse in beefed-up unemployment benefits and other issues.
“The recent executive actions meant to provide relief to vulnerable households are subject to implementation risk and too limited in scope to provide significant support to the economy,” the Moody’s report said.
Even with the increase this week, mortgage rates remain low and will support the economy with home purchases and renovations, said Sam Khater, Freddie Mac’s chief economist.
“Purchase housing demand continues to accelerate, ultimately providing support to an economy that otherwise has stagnated,” Khater said. “The surge in sales led to a rapid increase in the demand for remodeling and home furnishings as consumers look to renovate while adjusting to home life during COVID.”
United Home Life Insurance Company has been in the business of offering life insurance coverage to its clients for nearly 70 years. Its parent company, United Farm Family Life, initially began in the insurance industry in 1937. The firm’s headquarters are located in Indianapolis, Indiana.
Unlike many other life insurers requiring coverage applicants to undergo a medical exam prior to approval, United Home Life Insurance Company is primarily known for offering simplified issue life insurance coverage. This means that those who apply for coverage will be approved – even if they have some type of adverse health condition. This is because these types of policies may not require the applicant to take a medical exam, and may not even require them to answer a great deal of health-related questions.
United Home Life Insurance Company has the motto of “Simplified Products – Faster Results” – and the company abides by this in both its life insurance coverage products and in its customer service. This is because the company believes buying life insurance should not be a long, drawn-out process; it should be as easy as possible for customers. This is one of the things that has made United Home Life Insurance Company so successful throughout the years – especially in this particular product niche.
United Home Life Insurance Company Review
United Home Life Insurance Company also abides by the rule of “life insurance made simple.” The goal of the company is to offer life insurance coverage that is easy to understand and that will provide financial security for the loved ones of insured policyholders.
The company offers a nice selection of different types of life insurance coverage – and many of their plans may be further custom-tailored to meet more specific insurance needs via riders, some even at no additional cost to the policyholder.
In addition to being known for its simplified underwriting products, the company is also known for its top-notch customer service. This comes from both its home office staff as well as the independent agents offering the company’s policies.
Combined, United Home Life and its parent company, United Farm Family Life, have more than $2 billion in assets, as well as more than $20 billion of life insurance in force. For this reason, these companies are in a good, solid position to meet the financial promises they have made to their policyholders.
United Home Life Insurance Company Rating
A- (Excellent) from A.M. Best Company
The parent company of United Home Life – United Farm Family Life – is also very strong financially. It, too, has been given a high mark, including:
A (Excellent) from A.M. Best Company
Types of Life Insurance Available
United Home Life Insurance Company and United Farm Family both offer a wide array of life insurance coverage. This can help clients to better meet their protection needs, as well as assist clients in changing or adding to their coverage as their needs change over time.
The insurers offer both term and permanent protection. With term life insurance, the insured is covered with pure death benefit coverage only – and because of this, the life insurance can often be less expensive than a comparable permanent policy. They are especially more affordable for those looking for a larger policy, such as a million dollar life insurance policy. Term life insurance is purchased for a certain number of years.
Permanent life insurance coverage offers both death benefit protection, as well as cash value build up. The death benefit protection is guaranteed to last for the insured’s lifetime, as long as the premium is paid. Cash value inside of a permanent life insurance policy is allowed to grow tax-deferred. And, the cash may be either borrowed or withdrawn for whatever reason the policyholder sees fit.
Term Life Insurance Coverage
The term life insurance coverage offered through United Home Life Insurance Company and United Farm Family Life provides a defined amount of coverage for a set amount of time. At the end of this “term,” the premium will increase each year until the policy ends, which is typically at the insured’s age of 95.
There are three primary products offered, including:
Express Issue Term 20 – This 20 plan is a level death benefit term policy featuring a 20-year initial level premium guarantee period. The premium will increase on a yearly basis after the 20-year period is complete. The policy features four supplementary riders so the insured has the ability to further customize coverage if he or she would like.
Express Issue Term 30 – This 30 plan is a level death benefit term policy featuring a 30-year initial level premium guarantee. Then, the premium will go up annually. There are also four supplementary riders the insured may add for further customization.
Premier 20 with ROP – With the Premier 20 ROP policy, there is a 20-year initial level premium guarantee period. At the close of the 20-year period, premiums go up annually. There is also a return of premium feature on this policy. There are two supplementary riders available with this type of policy.
Because these are all simplified issue policies, there is no routine medical exam required as a part of the underwriting process, and the coverage cannot be canceled during the term period as long as the premium is paid.
Permanent Life Insurance Coverage
Provider whole life is a permanent life insurance policy that offers both death benefit protection, as well as cash value build up. This cash is allowed to grow on a tax-deferred basis, meaning that there is no tax due on the gain unless or until it is withdrawn.
This is a graded benefit whole life insurance policy, which means that during the first two years of policy ownership, the benefit for death of the insured by natural causes will be a refund of the premiums paid in, plus interest. However, starting day one of policy year three, the full amount of the policy’s death benefit will be paid to the beneficiary should the insured pass away for any reason. There are also several no-cost riders that may be added to this policy.
Final Expense Life Insurance Coverage
United Home Life Insurance Company and United Farm Family offer several simplified issue final expense whole life insurance policies, too. These plans offer a death benefit that never decreases, as well as premiums guaranteed never to increase. They also offer cash value build up that is allowed to grow on a tax-deferred basis.
There are three final expense policies offered, including:
Express Issue Premier – This is an immediate death benefit whole life insurance product offering additional riders and benefits to help in customizing the product to the policy holder’s needs.
Express Issue Deluxe – The Express Issue Deluxe also offers an immediate death benefit, as well as numerous additional riders that can help to offer more customized protection.
Express Issue Whole Life – This graded benefit whole life insurance policy also provides several no-cost riders designed to provide additional value – including an Identity Theft Waiver of Premium Rider.
Accidental Death Coverage
The company also offers the Protector AD accidental death plan. This accidental death coverage is an inexpensive addition to existing life insurance coverage, and it doubles over 20 years. The premium is level and guaranteed for 20 years, followed by guaranteed increasing annual premiums. There is also a return of premium feature. This plan only has one non-health question on its application.
Other Products Sold
United Home Life Insurance Company and United Farm Family also offer an Express Issue Deluxe Whole Life insurance policy that provides an immediate death benefit to qualifying insulin-dependent diabetics. This means that there is no need to wait for two or three years of policy ownership in order for the full amount of the death benefit to be paid out.
For many American families, everything that’s really important in home life takes place in the kitchen.
At Apartment Guide, we know that renters want kitchens they can both enjoy spending time in and also put to work for their cooking efforts.
[find-an-apartment]
What are the great apartment kitchen amenities people want and need most?
Stainless steel appliances, dishwashers and microwaves are important, but extra amenities like a kitchen island and granite countertops can make a kitchen more useful and elegant.
We’ve combed our apartment listings to find the metro areas with the most tricked-out kitchens.
Top Ten Metros for Kitchen Amenities
1. Chicago 2. San Antonio 3. Los Angeles 4. Washington, D.C. 5. New York 6. Salt Lake City 7. Phoenix 8. Baltimore 9. Seattle 10. Dallas
Editor’s note: Friday 2:50 pm, October 4, 2013 The infographic has been updated to list metro areas with all kitchen amenities. An earlier version of the infographic listed metro areas with stainless steel appliances, or dishwashers, or microwaves, or island kitchens.
Life is a constant struggle and real estate is at the heart of that struggle. You spend your youth getting the education you need to earn money; your young adult years saving for your first house, and your forties and fifties desperately trying to increase the size of your assets.
Bigger is always better throughout this time. If you find a new home that has more rooms and more square footage than your current home, you feel like you’re moving up in the world. It means you’ll have more room for that gym you’ve always wanted, the home office you need for your new creative project, and the extra bedrooms for your growing family.
But what happens when your children grow up and move out. What happens when you’re too old to care about a gym and have retired from all professional and creative pursuits? You now have a house that is much bigger than you need and is a chore to maintain.
When to Downsize
The idea of downsizing may seem abhorrent to the ambitious go-getter who is intent on going bigger and better, but there are several times when a smaller home and less space makes more sense, including:
Empty Nesters
If you have a big family, with several children and a busy household, it makes sense to get a big home. Kids want their own rooms and putting multiple family members in a small space is only going to cause arguments and fights.
But when those kids leave home, the noise of a busy household turns into the silence of an empty nest and a larger home no longer makes sense.
Sure, you have extra rooms to do with as you please, but extra rooms mean extra cleaning and maintenance. If you’re not very mobile, it doesn’t make sense to live in a multi-story house with several bedrooms that need dusting and bathrooms that need cleaning.
You’re also sitting on a small goldmine, because by selling up and buying a smaller place, you can use the additional funds to take vacations, buy flash cars and enjoy life a little more.
Struggling Debtors
A big family home costs a lot to maintain, especially if it still has a mortgage. And when you add credit card debts, car loans, personal loans, student loans, and other debts on top of that mortgage, you’ll be left with very little money.
You could take out a home equity loan, but only if you want to cling onto a large home that you don’t really need. In situations like this, it makes much more sense to buy a less expensive home and use the additional cash to pay off debts.
As an example, let’s assume that you live in a 5-bedroom townhouse. If we take the national average, that house could be worth just under $500,000. If you have just $100,000 left on your mortgage and sell for the asking price, you can clear the mortgage, drop $200,000 on a new 2-bedroom house, and once all bills, closing costs, and new furniture expenses have been accounted for, you’ll have around $150,000 to clear your debt.
Being debt-free is a great feeling, much better than owning a large house that you can’t afford.
Homeowners Who Struggle with Upkeep
Bigger homes require more maintenance, and if you’re not very mobile you may struggle to give them the care and attention they need.
Pipes burst, wood rots, doors break, faucets leak. And that’s before you consider all the essentials that need to be replaced every few years. If you lack the DIY skills and can no longer afford to pay someone to help, it might be time to downsize and get a newer and more manageable property, one that has far few maintenance requirements.
Homeowners Struggling with Utility Bills
In stories from the mid to late 19th century, there was a cliché of the old widow who lived alone in a large house that was always cold and poorly maintained because she couldn’t afford the utility bills. She was usually confined to a small portion of the house and left everything else cold, dark, and in a poor state of repair.
This cliché exists for a reason, and while it was once the reserve of “old money” landowners who were desperate to cling onto their family homes despite dwindling income, it is now common in many middle-class homes.
If your financial situation is so dire that you can’t afford to heat the home you live in, it’s time to downsize.
Bored Retirees
If you’ve spent your entire life working, earning, and sculpting a life for yourself, the last thing you want to do is spend your retirement years walking around an empty house in the middle of nowhere.
You need to live a little.
By selling up and getting a smaller space, you’ll have more money left over to enjoy yourself. Go on a few cruises, take a trip across Europe, fly to Australia—live your dreams.
It’s not just about vacations and frivolous spending, either. You can also buy a house that is more suited to your current lifestyle and your desires. You might have purchased a house smack-bang in the middle of suburbia, ideal for raising kids, but what if you’re a city dweller at heart and you miss the big lights? You might have your heart set on going the other way, delving further into solitude by purchasing a cabin in the middle of the woods.
You Want an Investment
Downsizing is often the right move for older homeowners, but younger ones can also benefit by shaving a few square feet off their living space.
Let’s imagine, for instance, that you’re in your forties and have been lucky enough to purchase a large house that is now more or less paid off. You have been working in a high-paying dead-end job for most of your life and want to go out in style before you retire.
You can sell your home and move into a smaller house, before using the money to fund a business or just to invest. You could even purchase several homes, living in one and renting the others. You’ll earn yourself some additional retirement income for when the time comes and if you play your cards right, you won’t have any mortgages to worry about.
Bottom Line: Big Decision
Whatever the reason and whatever you decide, it’s important to take your time and think this through. Buying a new home is a huge step and downsizing is even bigger, because in addition to the buying process, you also have to think about how you’re going to spend all the money you’ll have left over (assuming it won’t go toward clearing your mortgage).
You also have to think about capital gains tax and what will happen to your loved ones’ inheritance.
It’s a big decision made for the long-term and is therefore not one you should make quickly or take lightly. Speak with a financial planner, chat with other home buyers who have done the same thing and get advice from your real estate agent and loved ones.