A DOLLAR HERE IS NOT A DOLLAR THERE: HOW YOUR MONEY WORKS DEPENDING ON WHERE YOU LIVE

blur, cash, close-up

“What I buy here I can’t buy there.”


cost of living

For me, living in New York City, I have noticed that life is a lot different than growing up back in Wisconsin. And when I say different, I mean the high cost of living. The price of one week of groceries is nearly a month back home. And the average rent is a mortgage on a mansion in some places. But you also have to look at the other side. And that other side is that the opportunities are scarce back home as well.

why my dollar won’t stretch

There are a variety of reasons as to why my dollar won’t take me as far in one city as another city. You get what you pay for when you spend money. It’s not just the opportunities in New York, it’s the overall experience. You don’t much of an experience back home. You’re also paying in New York for the ability to live in place where so many people want to live. The attractiveness is what makes the city more money than another. Which is why your money don’t stretch.

big city, bright lights, low cost

Now, there are places in America where you can live that the cost is lower to own a home. You also get more space, but there is a catch. You don’t make the same money in one place as another. The money does not translate into the next city. So a $250,000 salary in New York City is substantially less living in Dallas, Texas. Dallas is a nice major city, but you don’t take that amount with you. You take the monetary equivalent with you. So comfortable life in NYC is going to be the same in Dallas.

translatable money

Being an athlete is probably the only job where the money translate over. So, making $1 million in Los Angeles could mean making $1 million in New York, or even more. Why, well athletes have market value to what they do. So their money can translate to an even bigger amount. Teachers can’t have the same value because you would have to prove as an educator you bring a monetary value to your job. For example, if students that come through you go on to have massive careers then you would have a value. But that is a process that takes damn near an entire lifetime.


My Personal Website: www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

Medium.com/@faheemjackson

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Author: faheemjackson44

I am from Racine, Wisconsin where I was raised until I graduated high school back in the year 2006. That entire time growing up in my mother's house, I was a student athlete. My goal was to embark on a general business career or athletics. But injuries through sports stopped a sports path, so I decided upon business with a focus in marketing. While attending undergraduate school at University of Wisconsin-Parkside, I began to write screenplays in my senior year. At first it was for fun, but I quickly learned writing allow me to transfer negative energy into characters I created. This led to a decrease in depressing mood swings, which in turn boosted my quality of life. After undergraduate school in May of 2011, I move to New York City for graduate school. While pursuing my MBA, I continued to write screenplays, but always wanted to write novels as well. I finished graduate school back in the year 2014, but wrote screenplays until I began thinking of my first short film, first First Day Fears. While finishing my fifth feature length screenplay, I started to write my first novel this year. So far, I have finished my first short film and working on my next one (Freedomless Speech), and recently self published my first novel (The Boy Who Could Talk To God) and short stories book (Faheem Jackson Short Story Collection Volume 1). My feature length screenplays have been put on temporary hold to finish my short films and books, but I am making good progress on my sixth feature length screenplay. With year 2017 ending, I am currently writing my novel Precinct 86 and Faheem Jackson Short Story Collection Vol. 2. I have started teaching myself photography and will pursuing that by summer of 2018, along with my videography, podcast later on, and more research for my documentary.

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