Or you can get a raise for 40-50k and stay in NY and enjoy your job and life.
I think if I had a second income from a spouse I would be content, but I can't rely on that. If I were to move to a place like Texas I would have an additional $20-25k/year in my pocket, at the expense of being unhappy with my lifestyle.
You don’t need to move to Texas to save 20k. Just get more income. Also Can you imagine a year from now living in Arlington and saying “wow my life is such much better since I left my friends and NY life now that I have a car and this extra 20k in the bank, for 420k portfolio size instead of 400k”? I don’t think that’s the right tradeoff.
I really think the most actionable advice I can give is
1) you’re doing well, just be patient. Financial independence takes time.
2) study and go interview for a new IC engineering job in the next 3 months. Maybe get a raise that way
3) consider management, consider tech
4) get more social and professional connections in NYC. They will help you grow your career and navigate life. I also live in NY and am around your age. Feel free to message me. NYC is a great place to build a career and community.
Statistics: Posted by muffins14 — Fri Jul 05, 2024 3:27 am — Replies 56 — Views 3084