New places can bring about new life experiences, jobs, friendships, and more - but it can be incredibly expensive and isolating. Before you make the leap and move to a new place here are some questions to ask yourself:
It might sound simple, but sometimes the excitement of a move an overwhelm your judgement. Make sure that your debt doesn’t exceed around 36 percent of your yearly income. And it’s important to have a safety net or nest egg to fall back on during your move, as last-minute costs can crop up.
If you don’t have a job lined up in your chosen industry, consider getting an offer or transfer within your own company before moving. And do your research on salary expectations for similar positions in your new location. Who knows? It could turn out that moving is the best thing that ever happened to your career- and your wallet.
In different cities and housing markets, rent changes based on the time of year. You want to give yourself plenty of time to search for an apartment search, and your move in date might not be as flexible as you like. Do your research and ask around and consider the weather when you move.
If you decide you just want something new, go for it! Try going to a different city for a couple of months, or even a few years, it might be one of the most enriching experiences of your life.
Moving to a new city is hard, and having just one connection like a relative or friend will help make the transition from the start. If you’re ok with being alone, make sure to explore your cities activities and put yourself out there. This will make the transition much smoother.
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