You are viewing a single comment's thread from:

RE: The Cost of NOT Understanding "Cost Of Living" - Lessons Parents Need to Teach Their Children

in LeoFinance3 years ago

It is a very common mistake for people to look for large cities because they pay higher salaries, but the truth is that although salaries are indeed higher, it does not compare with the higher cost of living in small cities, it is like they told you in I will pay you 20% more in big cities, but what they don't say is that living in that big city will cost you 30% or 40% more, great article, greetings

Posted Using LeoFinance Beta

Sort:  

So true! A big salary is like a tip of an iceberg. It is what everyone is looking at, but people forget that there is so much more to finances than just a salary. Expenses and debt (the part that is under the water) is what sinks the ship.