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Money Guy Show

The HIDDEN Costs of Moving

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 19 February 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

"My wife and I want to move from Chicago to Colorado. Are there certain things to look out for when moving away from family to a new area? We would line up jobs before moving and have plenty of savings" -Thomas S

We'll walk you through that question and more in today's Q&A episode!

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Transcript

Click on a timestamp to play from that location

0:00.0

The Hidden Cost of Movie.

0:09.2

Brian, I am so excited to talk about this because life often throws us curveballs.

0:13.8

We have to make giant life decisions.

0:16.4

And sometimes those life decisions have hidden costs or hidden things that we need to think about

0:21.4

to make sure that we're doing it well.

0:23.8

And we love that we get to sit here and speak into those decisions you make.

0:28.6

A matter of fact, we love that we can speak into all areas of your financial life.

0:32.0

It's why every Tuesday morning at 10 a.m., we like to be in this live stream loading you up. So if you have a

0:37.9

question, you want to get our take on, you want us to weigh in on. Make sure you get it in the

0:44.0

chat right now because we believe that there is a better way to do money. So with that,

0:50.0

I'm going to send it over to our senior content developer, Ms. Megan.

0:56.0

Great, we're going to start off.

0:57.0

That was clean.

0:58.0

We're going to start off with a question from Thomas S.

1:02.0

He says, my wife and I want to move from Chicago to Colorado.

1:06.0

Are there certain things to like out for when moving away from family into a new area?

1:10.0

We would line up jobs

1:11.5

before moving and have plenty of savings. So what is there to think about when you're making a big

1:15.7

move? Man, okay, this is a great question. It's so interesting. The way that Thomas phrased it,

1:22.1

my mind immediately did not go to financial, right? Like I was thinking, okay, what are the hidden

1:26.8

costs of moving

1:28.3

and that sort of thing? The fact that Thomas said, my wife and I makes me think that they

...

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