Strider
New Contributor
Hey guys, need some advice.
Next year I'm going for Engineering and will attempt to pursue a space related "career" (get involved in that area at first, might change focus if something comes up). The colleges I have in mind are are quite good but cheap, so I don't have to sacrifice my future because of debt and my parents will pay the tuition. I'm going to work during the summers of college to get some money (either sales, in retail or webdesign freelancing, this one I intend to do during the year).
That being said I've got a decision to make, should I stay at home and buy a cheap car. Or try to rent a room in the city near my college?
I will be focused on having good grades and keep growing in the "academic" sense of the word in the areas that interest me but also keep my mind on opportunities and the putting in the action needed to make the ideas and projects become a reality. I'm planning to study abroad if possible or at least go on Erasmus program in 3/4 years (if I don't need to be in the country at the time), so it would be nice to save some money.
The numbers are:
If I stay at home I'll saving around 2-4k in the next three years compared to renting a room (deducted expenses from car).
If I stay home I'll have to commute somewhere between 1h30 to 3h00 a day (like I did this year), I can work in some of that time (between 1h and 1h30 when I'm in the train) but the rest is dead time.
There are obvious advantages in personal growth in terms of responsibility, flexibility and generally I feel like I need to grow. The downside is that it will be a tough talk with my parents (super strict and protective, for external reasons the mood hasn't been the greatest in my home lately) and I will have to make an attempt to make a compromise, I obviously want to keep the relationship as good as I can (to be honest I've been feeling strange at home and this isn't really healthy conflict) and it would be great if they kept with the monthly allowance.
On the other hand, 2-4k is quite a bit of money (and feels like renting is throwing money at a fire so I don't get too cold) and if I indeed stay at home, I'll have the car to move around, I'll just need to get real with my productivity to overcome that wasted time. I have a place in which I can study and work (don't know who are the crazies I might encounter in my apartment) and that money can be used as a fund to study abroad (intending to try to go for Germany).
In this situation what would you guys do? I know, it's not fastlane oriented, but in reality it doesn't make much difference towards those goals (except that in the city I can go to events way more easily and would make it easier to work in some startups, although none interests me at this point), I can freelance anywhere and most of the projects I'm trying bring forward are online based / don't need me in the city 24/7.
Would you rather save 2-4k and guarantee studying abroad in expense of some freedom and time. Or to spend that money and live in the city near college and make it a bit harder to study abroad?
I rambled a lot, I'll try to make this thread a bit more easy to read when I come back.
Thanks in advance for the help.
Next year I'm going for Engineering and will attempt to pursue a space related "career" (get involved in that area at first, might change focus if something comes up). The colleges I have in mind are are quite good but cheap, so I don't have to sacrifice my future because of debt and my parents will pay the tuition. I'm going to work during the summers of college to get some money (either sales, in retail or webdesign freelancing, this one I intend to do during the year).
That being said I've got a decision to make, should I stay at home and buy a cheap car. Or try to rent a room in the city near my college?
I will be focused on having good grades and keep growing in the "academic" sense of the word in the areas that interest me but also keep my mind on opportunities and the putting in the action needed to make the ideas and projects become a reality. I'm planning to study abroad if possible or at least go on Erasmus program in 3/4 years (if I don't need to be in the country at the time), so it would be nice to save some money.
The numbers are:
If I stay at home I'll saving around 2-4k in the next three years compared to renting a room (deducted expenses from car).
If I stay home I'll have to commute somewhere between 1h30 to 3h00 a day (like I did this year), I can work in some of that time (between 1h and 1h30 when I'm in the train) but the rest is dead time.
There are obvious advantages in personal growth in terms of responsibility, flexibility and generally I feel like I need to grow. The downside is that it will be a tough talk with my parents (super strict and protective, for external reasons the mood hasn't been the greatest in my home lately) and I will have to make an attempt to make a compromise, I obviously want to keep the relationship as good as I can (to be honest I've been feeling strange at home and this isn't really healthy conflict) and it would be great if they kept with the monthly allowance.
On the other hand, 2-4k is quite a bit of money (and feels like renting is throwing money at a fire so I don't get too cold) and if I indeed stay at home, I'll have the car to move around, I'll just need to get real with my productivity to overcome that wasted time. I have a place in which I can study and work (don't know who are the crazies I might encounter in my apartment) and that money can be used as a fund to study abroad (intending to try to go for Germany).
In this situation what would you guys do? I know, it's not fastlane oriented, but in reality it doesn't make much difference towards those goals (except that in the city I can go to events way more easily and would make it easier to work in some startups, although none interests me at this point), I can freelance anywhere and most of the projects I'm trying bring forward are online based / don't need me in the city 24/7.
Would you rather save 2-4k and guarantee studying abroad in expense of some freedom and time. Or to spend that money and live in the city near college and make it a bit harder to study abroad?
I rambled a lot, I'll try to make this thread a bit more easy to read when I come back.
Thanks in advance for the help.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited:
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today