Wednesday, January 11, 2006

Gothamist: New Year's Resolution... Saving:

According to CNN, New York City is indeed the most expensive city in the U.S. And states that "Salaries in New York City are 17% higher than the national average, but the cost of living is 94% higher. This makes NYC possibly the hardest place to get your bank account into the black. "

So, our first piece of advice is: Try not to beat yourself up about having less money saved than your counterparts in other cities. It really is harder in NYC. And we hate it when we read articles about saving money that say stupid things like "Just stop buying designer shoes and cappucinos every day!" because we don't do that in the first place.