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Old 11-30-2007, 02:46 AM
 
4 posts, read 8,948 times
Reputation: 10

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Can I save a lot of money if I work and live in San Francisco, as opposed to living in LA?..I know that the cost of living in NoCal is higher, but so is the salary.. Will I be able to even out and save more living in the bay area?...
..i've never been to cali.. What's it like living & working in San Fran?
Thanks thanks..
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Old 11-30-2007, 03:44 AM
 
Location: San Francisco Bay Area
1,483 posts, read 3,492,300 times
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Most jobs don't pay significantly higher and some pay less. You can check out your specific job at one of the many payscale calculators. Compare the salary you would get in each market then subtract the 7 or 8% premium for the cost of living in San Francisco.
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Old 11-30-2007, 12:13 PM
 
Location: Oakland CA
7,521 posts, read 10,403,130 times
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Quote:
Originally Posted by misanagi005 View Post
Can I save a lot of money if I work and live in San Francisco, as opposed to living in LA?..I know that the cost of living in NoCal is higher, but so is the salary.. Will I be able to even out and save more living in the bay area?...
..i've never been to cali.. What's it like living & working in San Fran?
Thanks thanks..
Saving money is a mind set. In order to save money you have to spend less than you earn, and sock away the leftover. That's it in a nutshell. Once you get that fine tuned, you can find ways to have more money left over, like packing your lunch rather than eating out, cutting your cable if you're never home... that sort of stuff.

And then you can learn about investing.... and make that leftover savings grow even more.

Good luck!
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Old 11-30-2007, 12:20 PM
 
Location: Oakland, CA
1,554 posts, read 3,568,740 times
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Eating out will kill you.
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Old 11-30-2007, 05:38 PM
 
228 posts, read 968,305 times
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Eating out can be hundreds a week. Making food at home will be the unknowing saving difference of thousands.

It's hard because sometimes your like "eh whatever it's just $5 bucks i'll eat lunch here", but that's what meant by having the right mindset to save.
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Old 11-30-2007, 08:49 PM
 
4 posts, read 8,948 times
Reputation: 10
Default thanks to your posts..

Thanks for your posts.. ..
In the bay area I was thinking that maybe I can get a higher salary and have a lower cost of living.. Saving to invest is impt. to me. I don't have a problem with saving, but of course not up to the point that I look or live that bad a lifestyle..

I guess I have to find out the cost of living in certain areas and work my way from there..
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