Moving Out of NYC

I know a person that is thinking about moving out of New York City. She is thinking about places, like Nebraska, where a house costs $125,000 rather than $500,000. She thinks that it is impossible for a young urban professional to become a millionaire while renting in NYC.

New York City is known to have a high cost of living. To do quick research about how far your salary will go in another city, check out the cost of living calculator provided by CNN Money: http://cgi.money.cnn.com/tools/costofliving/costofliving.html

Request from a young urban professional

Today, I asked a friend what financial advice she would like to learn about. She said

1. How to make a dollar go further
2. How to plan / save for the future (including for retirement)

Dave Ramsey's Seven Steps

Dave Ramsey's seven steps guide you on how to get out of debt, save for retirement, save for your child's college costs, pay down your mortgage, and become financially secure!
http://www.daveramsey.com/etc/cms/index.cfm?intContentID=2926

CNN Money Millionaire Calculator

CNN Money gives a a helpful calculator to get you thinking about how your present saving can impact your future. You can become a millionaire! How soon can you do it?
http://cgi.money.cnn.com/tools/millionaire/millionaire.html