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Looking for an apartment

Your child will learn to:

  • estimate the cost of living in an apartment
  • evaluate his or her financial capacity
  • make a detailed budget
  • make choices according to his or her wants and budget
  • become independent

Activity summary

For children ages 15 to 17

When teens start to talk about getting their own apartments, it's time to discuss personal and financial independence! You'll need to address topics like calculating income, projecting fixed and variable monthly expenses, finding the right place to live, and more.

Grab your calculator! The best way to help your teen make smart choices is to start by figuring out what living in an apartment costs, beginning with a budget and an estimate of moving expenses.