Tuesday, June 17, 2014

Low Cost Living

Personal Finance
Personal Finance (Photo credit: 401(K) 2013)
Forbes.com recently released a list of the very best places to live, financially speaking. These were places where, on average, most residents could more than handle the average cost of living per month. In fact, for most of the areas on the list, residents could even save and/or invest a large chunk of their leftover monthly income.

So, what places made the cut? Well, coming in in first place, there was the Baltimore Metropolitan area, which boasted a median after-tax income of $73,815 and a low median annual expenditures total of $49,566, leaving plenty of money left over for saving and investing.

Other areas that topped the list were the Washington D.C. Metro area, Cleveland, Chicago, and Dallas. Do these results mean that you have to move if you want to save big money? Absolutely not. A lot of factors, other than just location, go into how much you save.


If you’d like to try saving more money without moving across the country, take advantage of professional financial services in your area. In Naperville, you’ll find the best financial services assistance at Platinum Financial Associates, Inc.

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