Bekit
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- Aug 13, 2018
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Congratulations on betting on yourself and burning the boats. You'll make it. Kinda scary but good for you.Hey Guys,
I took the bet on myself and I'm not renewing my lease here in Florida. I'm quitting my job, moving somewhere cheap and I'm going on my own. I looked at the cheapest places to live in the US so I've been looking at apartments. I found Mississippi, Georgia, Kansas and Alabama to all be pretty cheap so far.
I just started looking and haven't decided yet where I'm going to go but I wonder if you guys have any factor that you would consider that I might not have thought of like maybe the entrepreneur community there or other things like that.
Thanks and have an outstanding day,
Claude
I would listen to the other posters who have encouraged you to find a place to live where there's a good balance of multiple criteria, not just "cheap."
Here's a story of why I say this. My parents "burned the boats" and chose a new location for a home based solely on low cost of living. So they moved to East Tennessee in 2005.
Problem is, THERE ARE NO GOOD JOBS. And that's why the cost of living is cheap. No one can afford anything because no one makes any money. And if you live there, you can't make any money, either.
This wouldn't be that bad if it were not for a second factor: MINDSET. If the mindset of most of the people in a community is a poverty mindset, a limited-thinking mindset, a negative mindset - then sooner or later, some of that mindset will creep into your thinking. I saw this happen to my dad.
You would be better off moving to a higher cost of living area where there is a higher proportion of good jobs and ambitious people with a good mindset.
Not the highest cost of living area, certainly. Of course you'll avoid San Francisco, Seattle, LA, New York.
You know what city I think is an attractive choice? Indianapolis. Tons of good jobs, thriving economy, an up-and-coming city, super well-connected with interstate highways to other cities like Chicago & Cincinnati, but still a relatively fair cost of housing.
Obviously this is not the only option. But please do establish some additional criteria beyond just "cheap." You'll hinder your progress as a fastlaner.
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