Moving Out for the First Time: Should You Rent or Buy?

Moving into your own place can be scary, especially if you've never been on your own before. There are so many new responsibilities that come with your own apartment or home and it's common to have lots questions. Can you afford your own place? Should you rent or buy? Carmen Wong Ulrich answers these questions for an iVillager who's nervous about being on her own for the first time.



If you have a financial question you'd like Carmen to tackle, post it here in the comments or email us directly at

Watch Carmen Wong Ulrich's 'On The Money' Weeknights at 10PM ET on CNBC! Find more information on coping with the economy with our Bail Yourself Out resources.

Like this? Want more?
Connect with Us
Follow Our Pins

Yummy recipes, DIY projects, home decor, fashion and more curated by iVillage staffers.

Follow Our Tweets

The very dirty truth about fashion internships... DUN DUN @srslytheshow

On Instagram

Behind-the-scenes pics from iVillage.

Best of the Web