Moving
from a settled location to another is a matter that really requires deep
consideration. Whether you move because your job demands so or you simple move
because you want to explore new scope, both ways considering various angles is
absolutely necessary. Here are a few questions that you need to ask yourself
and the answers will lead you whether the moving is going to be beneficial for
you:

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·
Can I really afford a
moving?
While
people make a decision to move out, they often tend to forget their financial
ability. Whether you are going after a job promotion is not simply enough to
justify a moving out decision. You need to understand your financial capacity
to maintain and furnish a new settlement. Apart from this there are to main
things that are a must consider:
1. Make sure that the cost of
your housing in the new place that includes the taxes and the interest as well
as the principal should not take up a huge part of your salary prior to taxing.
If the amount exceeds around 28% then you must understand that moving to the
place you have decided is not a financially stable option for you.
2. Make sure that your debts
like the car loan or the house and personal loans, etc. should not exceed 38%
of what you earn monthly before deducting the tax. If that exceeds then you are
financially not stable enough to settle in a new city.
·
What is the difference in
the cost of living in both the places?
This
another big question that must be settled. Say your salary increases and also
you have seen that your financial position is good. But the place where you
will shift will require considerable amount as a part of your cost of living.
Some cities have higher cost of living than others and therefore it is a must that
you check the cost of living of the city before you actually move. Make the
move beneficial for you and not a loss.
·
Can my family really
adjust?
Not
only you and your financial position, but while you move out make sure that
your family is also comfortable with the place of shifting. For this you need
to do a thorough check of the school and other facilities as well as the
locality and the neighbourhood you will settle in. This will allow your family
to be comfortable away from their known place.
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