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Old 02-15-2008, 08:19 PM
Status: "See ya on the flip side" (set 29 days ago)
 
Location: Up in a cedar tree.
1,618 posts, read 4,251,341 times
Reputation: 497
Default How much do you save before leaping to move?

Just curious and wanted to ask this:

If you wanted to get the he%% out of Dodge and have a family and want to move to another state, about how much do you try to save before leaving the state you live in behind?

Keep in mind that you do-not have a job in the new state or city, but feel confident that you will get a job.



Love to hear from singles, couples and parents w/ kiddos.

Thanks for sharing.
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Old 02-15-2008, 09:56 PM
 
Location: Vegas Baby
541 posts, read 1,194,036 times
Reputation: 230
5K at the least.
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Old 02-16-2008, 10:20 PM
 
3,842 posts, read 6,623,416 times
Reputation: 3114
Quote:
Originally Posted by Mike78613 View Post
Just curious and wanted to ask this:

If you wanted to get the he%% out of Dodge and have a family and want to move to another state, about how much do you try to save before leaving the state you live in behind?

Keep in mind that you do-not have a job in the new state or city, but feel confident that you will get a job.



Love to hear from singles, couples and parents w/ kiddos.

Thanks for sharing.
Think that is the most irresponsible thing to do if you are supporting a family.

If you hate where you live so much, get a job where you love it & then move there.

Where you move to is going to turn into hell really quickly if you don't have a job.

Health insurance costs alone are gonna kick your ass. Try not having health insurance & one of the kiddies getting sick or breaks a bone...

Financial advisors have said 6 months of savings.

What does it cost you to live every month now?
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Old 02-17-2008, 05:15 AM
 
Location: West Michigan
12,146 posts, read 21,268,786 times
Reputation: 16165
Single - enough to live without an income for 6 months. If no job after 4 months you still have enough to go back if you want to.

Married NO kids - same

Married with kids - Damn dumbest thing in the world is to move with no solid way of supporting them. If dead set on it though, absolute minimum of a full years wages before taxes.
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Old 02-17-2008, 12:23 PM
Status: "See ya on the flip side" (set 29 days ago)
 
Location: Up in a cedar tree.
1,618 posts, read 4,251,341 times
Reputation: 497
Quote:
Originally Posted by Bydand View Post
Single - enough to live without an income for 6 months. If no job after 4 months you still have enough to go back if you want to.

Married NO kids - same

Married with kids - Damn dumbest thing in the world is to move with no solid way of supporting them. If dead set on it though, absolute minimum of a full years wages before taxes.
WOW!! having 90K cash would be nice to move my family, but we're not coming from California so that's not going to happen. We're thinking about 40K savings and rent small place (home). Land some jobs. Of course we are DEBT FREE (no car payments or credit cards ect..ect..)

Last edited by Mike78613; 02-17-2008 at 12:35 PM..
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Old 02-18-2008, 02:35 AM
 
24 posts, read 90,550 times
Reputation: 22
I'm moving. I need to be with family right now. They are going to let me and my daughter live rent free for a month. I thought I'd be able to transfer with the company I've been with for fourteen years, but unfortunately it's a transfer from "corporate" to "franchise" and while I can keep my job, I lose benefits, health, my salary and everything. I told them where to stick it. If I lose everything, I want to start fresh. I hate my job anyway.

I have little money--this is a very short notice, unexpected move--maybe a thousand? Of which nine hundred is moving my car, and two hundred is moving "us" one way. I'm selling off everything, and shipping what I can't bare to let go. My library in twenty four fifty pound boxes us mail media rate. Thirteen dollars a box.

The state I'm moving to has state supported health care ppos and hmos, this is open enrollment season. I'm putting in my applications for my dream jobs a week before I leave--on-line. I'm doing everything and anything I can to make this a smooth tranistion, but money? I'll have enough for a month's worth of gas and food. I think if you want to move, move. Just be aware of the bad parts and good parts. If you wait until you have a years income, you might never move.

Have faith that you can make a reasoned decision and you have a marketable job skill. Also, before you move, google the jobs you want. Most companies have on line apps. And APPLY. Don't wait until you arrive.
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Old 02-18-2008, 09:11 AM
 
Location: Atlanta, GA
273 posts, read 1,171,175 times
Reputation: 79
Everybody knows you SHOULD have a job lined up frst... but so many employers won't hire from out-of-state. Won't even consider your resume, unless it's a big company who is looking outside for someone with specific skills.

I really hope to get a job before I move, but I'm going anyway as soon as my house sells. Anybody who wants to hire me won't wait for me to sell my house, in this market. I can't pay two mortgages/rent so the house is the determining factor, not the job.
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Old 02-18-2008, 12:18 PM
 
Location: Scottsdale, Arizona
1,271 posts, read 3,130,406 times
Reputation: 1051
I already had a job (my job relocated me), had company paid moving expenses, and I budgeted 10K for the "just in cases". I don't own, I plan to rent for a few years. Single. No kids (I do have a son but he was staying in Ohio).

If I did not have a job lined up, I would not even have considered relocating. Guess I may be a bit conservative.
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Old 08-06-2009, 08:22 AM
 
Location: NJ/NY/CT area.
240 posts, read 314,946 times
Reputation: 72
When I decided to move from TN to MA, I used Skype service and made me local(MA area code) phone number, so it would be easier for potential Employers to call me(it cost $20 then, about $60 per year now, as I know. This service forward calls from your Skype number to your, for example, cell phone number. Downside was caller ID did not work as I remember), I applied and got one interview scheduled month in advance. I did not confirm interview later on. I sold, gave out, trashed what I could, put the rest of it in my car and moved on my own. I was single, so it was a lot easier for me to pull the trigger.

I came for an interview about month after discussion, woman was ready for me, like we discussed it just yesterday, I had interview and about two-three weeks later-offer.

I should have been prepared better, no doubt, especially now, but it worked for me. I had money for several months of living, but had car payment.
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Old 08-06-2009, 03:52 PM
 
Location: The land of Chicago
858 posts, read 1,143,064 times
Reputation: 1106
It depends on the cost of living in the area you're moving to imo and also if you're alone or with someone or have children
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