My wife and I live in a city that is getting more and more expensive every year. Something about being the first to legalize recreational cannabis seems to have drawn a bit of a crowd. Recently, our roommate (that's how expensive it is here) went to visit his relatives in a small town south of here. The town has less than 400 residents. He came back espousing how wonderful it would be to move there, especially if you had the money to purchase land or outright buy a house. Now a 3 bedroom, 3 bath, less than 10 years old, house in that town that has many luxuries such as an in-ground pool and attached hot tub, is currently on the market for around 100,000. That same price, you would be lucky to get an apartment in our city or the metro area.
I'm a server/cook, with freelance marketing and graphic design skills. My wife is an elementary school teacher. We are due for a windfall in the next year and a half from a insurance claim that should hopefully give us around 500,000. I would never think to move until that happens.
I've lived my whole life in the city, but I can't stop thinking about how well we could live if we moved to that tiny town, bought property, and used the remainder of our money to invest and travel with. My wife had also expressed some interest in this, as she comes from a small town in South America, and doesn't mind the transition.
Does this sound like a fiscally responsible decision to make, or am I blinded by just thinking of the savings compared to the difference of lifestyle? I would love to hear your thoughts on this.
Submitted April 06, 2019 at 01:56AM by TheeternalTacocaT http://bit.ly/2G5Sdfl
