I'm sure most folks who read Jessie's Money, know that Jordan and I have gone through about a year of ups and downs when it comes to roommates. That said, it's that time again.....we've found a new fourth roommate.
This one is a bit unique.
We met Roommate X's parents last night. They are moving to another city, and their son (Roommate X), wants to finish his grade 12 year in this city. We gave the tour of the place and chatted for a few minutes about rent/utilties and lightly on our lifestyle (not a party house) and they told us about their son. He is currently going to the same highschool that Jordan went to and they both took (are taking) similar courses in school - plus Jordan used to play football - the same position that Roommate X currently plays. It's sort of earily weird.
The parents will be paying rent/utilities. He goes to school and works 20-30 hours/week - plus he plays football. His parents said he's not around a whole lot. They seemed like absolutly steller people! I think this is going to work out well.
That said, our current roommate didn't seem so thrilled (our last roommate was his best friend and he had moved in w/ him). He has been talking about joining the Army - so we wern't sure on his longevity. Plus his money management sucks! (think pay day loans)
Rent is the same as it always is $500/month plus 1/4 utilties and $500 DD.
Our rent is $1,350 - so with our other roommate that leavges $350 for Jordan and I to pay plus 2/4 of the utilities and maintaining the household (we buy garbage bags, cleaning products and maintain the outside of the house for the most part). It's everybody's job to maintain the cleanliness of the inside of the house.
This is going to give Jordan and I the opportunity to get our emergency fund back up to a healthly $1,000 in no time. Seeing as how Roommate X will be with us until the end of the school year (so...i think 10 months - until next June). We're looking at about $5,000 to perhaps get a few other 'funds' funded (have to talk to Jordan about that first).
Wish us luck.