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Thinking of moving across the country for your dream job? ThePennyHoarder.com May 29th, 2019 This we
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Thinking of moving across the country for your dream job?
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ThePennyHoarder.com
May 29th, 2019
This week, we learned that after filming the first season of Game of Thrones, Jason Momoa was too broke to fly home (donât worry, he got there eventually). We guess no one is immune to work-related moving and travel costs â even if itâs for the job of a lifetime. Today, weâre talking about just that: relocation for the sake of a job.
But firstâ¦Â
No Life Preserver Needed
You may have come across the term âsinking fundâ on your quest to be a better budgeter. But before you grab your life vest, it has nothing to do with swimming or drowning.
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A sinking fund is a way to break down a costly expense over time. If youâve ever been overwhelmed paying holiday gifts at the end of the year, caught off guard with a $100 annual subscription renewal or scrambled to come up with moving expenses, [using sinking funds might be the right move for you](.
Any Thoughts?
A member of our Penny Hoarder community recently asked a question about relocating for a new job â and while a couple of members have offered up helpful responses, we know thereâs plenty more crowd-sourced knowledge to be shared. Have you moved across the country (or even just across a few states) for a new job? How did you save money while making the big move? What did you keep? What did you get rid of? If youâve gone through a big move like the one this Penny Hoarder is facing, [weâd love to hear from you about what you learned]( from the experience.
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(Psst. Not a member of the community yet? No worries â [you can sign up here](. Itâs easy!)Â
Makinâ Moves
We get it: Youâve got some pretty big dreams â dreams bigger than the town youâre currently living in. Maybe theyâre even big-city-across-the-country-sized dreams.
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And we donât blame you. Maybe your dream job just isnât available where youâre at. Or maybe you crave the adventure of big-city life and a fast(er) paced career.Â
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Whatever your reasoning for making the move, it can be tough to land a job in a new city miles (and miles and miles) from where youâre currently living.
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Should you take interviews with companies that expect you to shell out for your flight and hotel? Should you lie and say youâre already living in your dream city? (Spoiler alert: NO.) Should you just pack up and move to increase your chances of making it past a recruiterâs applicant weeding process?Â
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Sure, for some people, the idea of loading up the car and heading to their dream city without a job lined up sounds like an adventure. But for others, the idea of not having work lined up to pay the bills is more than a little nutty.
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So how do you conduct a cross-country job search without putting yourself in a precarious financial situation? We talked to experts who provided tips that will help you [increase your chances of landing an out-of-state position]( before youâve made the big move.Â
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WORDÂ OF THE DAY
Pre-settlement walk-through (n): The opportunity to tour a rental apartment or home with your new property manager or landlord to review the propertyâs condition. During this process, you should take pictures and write down everything that needs to be repaired before you move in, and then sign an agreement stating as much.
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Moving soon? Donât forget to arrange a walk-through with your landlord. At the end of your lease, having this information and those photos will help you in your case to receive your full security deposit refund â or at least as much of it as youâre truly owed. Beyond the walk-through, you can ask your property manager for the checklist they use when reviewing the property when you move out. A good landlord will be happy to show you everything they look for â and that way, youâll know exactly what youâll need to do [to receive as much of your security deposit back as possible](
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