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Old 12-16-2009, 12:10 AM
 
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Hello all im a 24 y/o with a wife and 2 kids we are moving to denver area after tax time [with the money] was wondering if realisticly would 4 or 5 thousand dollars be enough to get started out there i work as a waiter here in florida is there work out there for that any info would be helpful
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Old 12-16-2009, 01:52 AM
 
3,460 posts, read 4,805,415 times
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Originally Posted by bsteph View Post
Hello all im a 24 y/o with a wife and 2 kids we are moving to denver area after tax time [with the money] was wondering if realisticly would 4 or 5 thousand dollars be enough to get started out there i work as a waiter here in florida is there work out there for that any info would be helpful
Around $2K of your money will go toward first, last, and security deposit for a cheap apartment, leaving you about $2K to get started. With a family in tow, that's only going to last a month or two at the max. Jobs aren't that easy to find these days, and you really should come with either a job lined up or enough money to last you 3-6 months.
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Old 12-16-2009, 02:32 AM
 
3,605 posts, read 4,880,945 times
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Originally Posted by sterlinggirl View Post
Around $2K of your money will go toward first, last, and security deposit for a cheap apartment, leaving you about $2K to get started. With a family in tow, that's only going to last a month or two at the max. Jobs aren't that easy to find these days, and you really should come with either a job lined up or enough money to last you 3-6 months.
Solid advice.

$4-5 thousand isn't anywhere near enough, I don't think. I would say if you don't have a job where you're moving you ought to have at least year's worth of money before moving away from a place where you have a job. The unemployment rate is over 10%. That's very bad. Many people are taking a long time to find work. Even seasonal jobs were hard to come by this Holiday Season, throughout the country. It's not a good time to leave a job if you can tolerate it.

From the jobs perspective, this recession is NOT over.
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