I would like to offer you a retirement colleague blogger, JP Over Usually money. She retired at the age of twenty -eight after working in an investment company for seven years. She shares tips to reach your retirement goal in its blog and contributed to this post on how to achieve this even in a high -cost city like New York City (my favorite city, as most of you know).

One of the largest conversations in the early retirement circles focuses on the site. Many plan to move to the low cost of the living area when they retire. This is a great step and can serve a lot of people well.

But I am? I adore a big city living.

Food! the people! Better of all, every type of class, workshop and a hobby group to follow my interests.

The downside is the amazing cost.

Fortunately, you can face this problem with some wise settlements. I lived and worked in New York City since I graduated from college. At the age of twenty years, I was retired and still lived in the big apple.

Here are the strategies I use to maintain a decrease in my assignment.

Housing

Housing is the perfect place to start, since it is generally the largest budget expense line.

The Trinity of factors in housing is the price, location and size.

The general advice says that you can get any two, but you cannot get the three.

My decision to live in New York City was about evaluating amenities. For this reason, the site was very important in my decision. Since early retirement was a long target, the cost was the second most important consideration. This is how we ended in our current apartment.

It is a 325 square feet unit. Many people wandered around the idea of ​​two people and a dog participating 325 square feet. We lived in the same building for five years, and it was very enjoyable.

The thing that I realized is that most people (including me!) Is bad to live in effective spaces because we were not very little, and we did not learn how to improve the space.

Just like any skill, it is necessary to invest. Below are some tips for the space that you learned from Hong Kong and Tokyo magazines:

• Bed – This is 150 cubic feet of storage immediately
• Fill bags There is no doubt that you have some huge elements such as bags to store them. Make sure to fill it with other elements that you need to store
• Delicate You have no idea about how much space they will provide for you.
• shelves Pick up floating shelves and extra shelves for your cabinets in any hardware store.
• Everything is expandable – Puffy for the guests, the expandable table for the company, you want anything that can expand.

food

• Ethnic grocery stores -One of the benefits of living in your expensive city is the diversity of grocery stores-a local ethnic merchant is where the best deals can be found. I go to the Chinese district of all my products, meat and seafood.
• The value of grocery stores – Trader Joe’s is my life artery. This is where I pick up everything else (frozen meals, milk, eggs and grains). Between the Chinese grocery store and the merchant Joe, we eat like kings with less than $ 450 a month.
• Café flights/regular coffee – Part of the reason I live in the city is to enjoy the atmosphere, and there is nothing like writing on my laptop in a local cafe. For $ 4 a week, I can make this regular. There is a crazy number of unique languages ​​that focus on drinks to accommodate the atmosphere. Places that focus only on wine wine, upper bars on the surface, beer gardens, and wine bars. When I want the atmosphere at a lower price, I choose something on this list. Not cheap, but definitely a budget process. It is also great to use cafes as a place to catch friends on restaurants.

Purchase on Craigmost

When you make a purchase, you can use the advantages of your city (density, diverse income) to detect great deals on Craigslist.

One of the people who bought part of the computer from me told me that he is always trying to buy its purposes from the neighborhoods of the nannies-I will find theft in the savings stores in the luxury neighborhoods.

Reduced entertainment

One of the huge benefits to live in your luxurious city is amenities, so use it! Hamilton tickets, which contain a market for the crazy amount that kidnaps all inventory. If you examine secondary ticket sites on the day of the event, you will see that when it reaches an hour or two of the event, you can get tickets at reasonable prices.

Your entertainment options will be on Groupon and Living Social vast and varied. As long as you check the deal against Yelp reviews to ensure good quality, these are worthy considerations. There is also a million completely free to do it like walking in the Brooklyn Bridge, free museum nights, and new gangs to verify them.

The world is your oysters, even in a high living area. We hope these tips will help others who are thinking about taking a job or retirement at a high cost of a living city.

Usually money It is a code that believes that anyone can retire decades ago. The blog focuses on 20 % of money management technologies that will provide 80 % effect to get there.