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Old 08-10-2009, 02:55 AM
 
Location: Houston
49 posts, read 124,112 times
Reputation: 71

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My Mom moved us like that all the time when I was a kid. Of course, she was a nurse and could afford to take those chances as she always had a job waiting for her. I hope you work in an in demand occupation or else you picked a bad time to move. Wait till 2010 if you can.

Good luck.
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Old 08-13-2009, 02:59 PM
 
Location: Elkins, WV
374 posts, read 1,037,260 times
Reputation: 389
We moved 5,000 miles without a job lined up. It wasn't the smartest thing, but we were prepared, and we are not sorry. That being said, we would have been sorry had we not had enough money. We left our old home on June 2nd. I began working at a new job on July 27th, with my first paycheck on August 7th. We had about $18,000 saved. We had to buy a new truck (unexpected), we hauled a trailer out here, we had some monthly bills, we stayed in a campground. We only have about $2,000 left. If you take the new truck out of that equation, we spent about $8,000 in the 2.5 months since we left. That probably sounds extreme, but it was just normal living (gas, food, campground fees, monthly expenses, etc). If we had not had that money, we would have ended up staying with my parents, getting a job somewhere that we didn't want to be, and being miserable. Think carefully about what COULD go wrong before you make the move. Because, inevitably, some of it will go wrong, and if you are prepared, it won't be a big deal.
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Old 08-13-2009, 03:48 PM
 
5,748 posts, read 11,175,144 times
Reputation: 4504
Quote:
Originally Posted by Bydand View Post
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.
I think this is overly conservative. Six to nine months of expenses (start doing that research) is probably sufficient.

Three things you'll want to take into consideration, although there are many others...

rent, including deposit
health care insurance!!
moving/storing your belongings

You might consider taking a look at a cost of living calculator to see how your previous income compares to those in your expected destination in Colorado to get a rough idea of what you're undertaking with this relocation.
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Old 08-17-2009, 12:26 PM
 
218 posts, read 740,675 times
Reputation: 227
Ideally I would plan for two months worth of rent (including deposit) and living expenses and enough to get you back where you came from (or would go next) should you need it. That's what we're planning for anyway!
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Old 08-18-2009, 02:32 PM
 
Location: Las Vegas, NV
232 posts, read 629,355 times
Reputation: 256
I moved from Florida to Nevada, and saved about 15K before I finally moved. That allowed me to pay cash for everything, so I wasn't starting my new life in debt. I wouldn't move with anything less than 10K saved up. Just my opinion.
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Old 12-10-2011, 06:59 PM
 
1 posts, read 5,706 times
Reputation: 10
Im looking to move from pa to florida....I am single....how much should I save? I was thinking about staying in a room first the an apartment.....what would be the best thing to do.
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Old 12-10-2011, 07:35 PM
 
Location: Charlotte, NC... for now
68 posts, read 206,286 times
Reputation: 131
I say be completely out of debt and have 1-1-1/2 year expenses saved and live very small until you get a job.
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Old 12-10-2011, 08:39 PM
 
Location: New Orleans, LA
1,768 posts, read 3,425,605 times
Reputation: 3068
Quote:
Originally Posted by Thejumpsuitman View Post
I say be completely out of debt and have 1-1-1/2 year expenses saved and live very small until you get a job.
+1 This sounds about right to me, although I was thinking 2 years. But one and a half years is probably close enough.

There's an unemployment crisis going on - - otherwise less cash would be needed. I know that's not what you want to hear, but it is my honest opinion.

Maybe you could take a vacation from your present job, and go to wherever-it-is by yourself and look for jobs in person. If you found one, you could begin work immediately and send for your family to join you.
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Old 12-10-2011, 09:23 PM
 
18,847 posts, read 33,859,367 times
Reputation: 26255
I have done moves on literally nothing. I must be lucky, becasue it always works out, even if I only have money to eat Ramen. Somehow, it all works. I have no trust fund, not even parents to give me money. But, I always have income, from a job. I have never moved without a job in place, and at least two weeks of pay coming in at all times. Sure, it would be great to save $2000 or more for money for rent, deposits. But I usually have a paycheck for that, and live on credit cards until my next check.

Last edited by jasper12; 12-10-2011 at 09:24 PM.. Reason: edit
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Old 12-10-2011, 09:30 PM
 
Location: On the brink of WWIII
21,093 posts, read 25,616,646 times
Reputation: 7812
We moved everything we had from MI to NC for $800 and $1500 in the bank...now we are getting ready to go from NC to MI this summer and will do the move for $400 (a whole lot less to move) and $18K in the bank. Well actually about $5k as we will be buying a place to live in April for $10K and furnishing it..
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