Whether you are setting up a house with friends or moving into an already established place, it’s going to be pretty expensive to begin with. The initial costs will include bond (usually four weeks rent), two weeks rent in advance and a share of the electricity, gas, phone and internet connections.
You may also need to pay for the furniture and removalist service. Once you’ve moved in, you will need to budget for the ongoing weekly expenses, such as groceries and bills. This section provides an overview of the initial costs and where you could go to get help with your finances, so you have an idea of what you’re getting yourself into before you take the plunge.