I'm going to be attending college this winter quarter on the other side of the united states. I plan on living in Seattle region, more specifically Edmonds area. I have a place to stay 'till I find somewhere to live, and I don't have a job lined up. However, I'm saving up money for myself when I do happen to move out. My mom said she'd pay for my schooling as long as I have a job, and that would crunch out a lot of budget money. However, I'm wondering which would be better for me, financially, as a student?
Renting I wouldn't be able to paint, and I'm scared after four years I'd have thrown out money on something that isn't mine but someone else's.
Buying a house would require a loan unless I saved up money for the down payment, but when it's paid off the house would be mine.
I'm torn here. What do you think?