MANILA, Philippines — As housing prices and living expenses continue to climb, more young Filipinos are opting to stay in their parents’ homes longer. A recent study by the Philippine Institute for Development Studies (PIDS) found that Gen Zs and millennials are postponing plans to live independently amid financial pressures.
Still, independence eventually beckons — whether through a first rental, a shared condo, or the slow build toward a future home. For many, the challenge is learning how to start small and stretch every peso. Below are practical steps young adults can take as they prepare to move out and manage a household on a budget:
Choose an internet plan that won’t strain your finances.
A reliable connection has become non-negotiable for young professionals, especially those working remotely or on hybrid schedules. But long-term contracts and extra charges can complicate short-term rentals.
To address this, Red Fiber recently rolled out contract-free pure fiber broadband plans aimed at budget-conscious renters. Its “WiFi lang, Walang eme” offerings include Plan 1000 (up to 100 Mbps), Plan 1400 (up to 300 Mbps), and Plan 1900 (up to 500 Mbps), all without add-on fees or lock-in periods. Subscribers can also get 50 percent off installation fees until December 31, 2025.
Buy only the essentials.
Young movers often start with a wish list, but experts advise prioritizing basics: a good bed, a multipurpose table, and essential appliances. Minimalism, in this case, is less about aesthetics and more about cost efficiency.
Try DIY for decor and storage.
Budget-friendly setups don’t require designer pieces. Thrift stores, surplus shops, and online marketplaces offer affordable options. Many new renters also turn to DIY projects — from simple wall art to custom shelves — to personalize small spaces without overspending.
Spend smart on tech.
Skip the flashy gadgets early on. Practical tools, such as energy-efficient air conditioners, durable cookware, and dependable laptops, offer more value for first-time movers. Smart-home devices can come later, once finances stabilize.
Balance present comfort with future plans.
Financial prudence doesn’t mean cutting out enjoyment — it means being deliberate about where your money goes. Small wins, such as paying off a piece of furniture or sticking to a monthly budget, help young Filipinos ease into independent living without derailing long-term goals.
In an era of rising costs, building a practical home has become less about aesthetics and more about strategy — and for many young adults, it marks the first real step toward independence.