She Strengthens

The Secret to Living Large on a Small Budget

When I made the decision to return to my hometown of Buffalo after college, many people were left scratching their heads. Why would I choose to move back to a city that many of my peers were desperate to escape? The answer lies in the affordability of the city. While being close to family was a major draw, the low cost of living was a significant factor in my decision.

A Million Dollars Goes a Long Way

I recall a conversation with a college friend whose parents were selling their home in a New York City suburb. The three-bedroom, one-and-a-half-bathroom house needed renovation and was listed for nearly a million dollars. In contrast, a million dollars in Buffalo could buy a sprawling, fully updated home on several acres, complete with an in-ground pool and tennis court. The difference in value was staggering.

The High Cost of City Living

My experiences visiting glamorous cities like New York City and Los Angeles only reinforced my decision to live in a smaller city. The cost of living in these metropolitan areas is significantly higher, with even small expenses like a burrito from Chipotle adding up over time. These “little” discrepancies can make a big impact on one’s financial situation.

Living the High Life on a Budget

Since returning to Buffalo, I’ve been able to travel extensively, drive a nice car, and invest in my retirement, all while saving for a rainy day. Meanwhile, friends living in big cities are often struggling to make ends meet. I’m not here to shame them, but rather to offer an alternative perspective on the importance of prioritizing one’s financial situation.

Prioritizing Your Finances

We make decisions based on our priorities, and these choices have long-lasting implications. Racking up credit card debt to live comfortably in the short term can be devastating in the long run. On the other hand, living in a smaller city can provide the opportunity to save and invest in one’s future.

The Ups and Downs of Small-Town Life

While there are certainly downsides to living in a smaller city, such as harsh winters and limited access to luxury stores, the benefits far outweigh the drawbacks. By choosing to live in a city with a lower cost of living, I’ve been able to afford a lifestyle that would be out of reach in a more expensive city.

Rethinking the Dream City

Rather than striving to live in a glamorous city, I suggest considering the benefits of living in a smaller metropolis. It may not be the most glamorous option, but it can provide the opportunity to live a luxurious life without breaking the bank. By prioritizing our finances and making smart decisions, we can create the life we want, regardless of where we live.