Barbieland or Los Alamos

Your four steps to choosing where to live

We love films. They tell stories and tickle our imaginations. A glittering pink and bright Barbieland v. barren New Mexico. A 1,000 Barbies, Ken, versus physicists and explosions. If you had to pick, which would you choose?

Preferences matter when choosing where to live. We might care about the amenities, the weather, the absence of crime, and the proximity to friends and family—whatever may be necessary for our household. Economics would get extra weight because life needs financing. If you moved to Los Alamos, Albuquerque, or Ruidoso, what would the living standard be compared to L.A., San Diego, or Santa Barbara? That is today’s installment. Follow the four-step process, and remember: you don’t need to be a scientist for a well-planned financial life.

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Today: Better than Best Places to Live and U.S. News Best Places is the complete economic impact of location on your household. That requires some economics, four steps, and a discussion included in this week’s serial release of the book as we move through the Chapter on baseline financial planning cases. If your household is considering a move, enjoy today’s installment. It is a benefit of being a paid subscriber!

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