Living Large on a Small Budget in NY

By Abraham Sanieoff

People have different answers when you ask them what makes life worthwhile. Some think life is best lived exploring the world. Others want to live a comfortable life with their loved ones close to home, while still others believe you haven’t lived without experiencing the latest innovations that humanity has to offer.

Regardless of how you think life should be best enjoyed, it’s undeniable that it’s hard to make the most of it without money. While the best things in life are priceless, it’s hard to do things and move around without proper financial management.

Money-Saving Tips to Help You Live Like a Rich Person

Buy quality products and experiences for less

If you’re on a limited budget, it’s easy to think that there are things that you wouldn’t be able to experience in your lifetime. Expensive products and one-of-a-kind experiences might seem out of reach. But did you know that you can actually enjoy such things without spending a fortune?

If you love expensive clothes and high-tech devices, you can get hands on them by buying used. Thrift stores and sites like eBay have countless designer-label items and barely used tech gear. You can get great deals if you’re willing to put in the work.

You can also save a lot on vacations if you know where to look. There are coupons for wonderful cruises and luxurious hotels that allow you to vacation like royalty without breaking the bank.

Find affordable housing in a luxurious neighborhood

This pointer seems counterintuitive when you first hear it. After all, you might expect property in affluent neighborhoods to be beyond your means. An average home can easily cost millions if the area is desirable enough.

If you want to live like the rich without actually spending like one, what you have to do is be creative in house-hunting. Many neighborhoods have more affordable housing that you can buy for more reasonable prices. Another option is to rent or purchase a home in an affordable borough close to a more affluent area. For instance, you can get an apartment in Queens for less than one in Manhattan and have access to the same amenities, shopping destinations, and leisure activities.

Properly budget your money

What’s the best way to feel like a millionaire? Actually, having money in the bank.

You can approach this in two distinct ways. The first is probably the most obvious one: carefully and thoroughly budget your paycheck so you always have money left over. The 50/30/20 framework is one of the most famous budgeting techniques, but you can adjust the ratio for your specific situation.

The other way is to invest your money. Stocks, bonds, and insurance policies have a high likelihood of delivering returns, but you can also dip your toes in higher-risk/greater-reward ventures if your budget can stand it. NFTs and cryptocurrency are two of the most popular investment vehicles nowadays, so it might be a good idea to put some of your money there.

Make the Most Out of Your Money (And Life)

You don’t have to spend a lot to enjoy life like a millionaire. While the tips mentioned above can help you make the most out of your money, the most important thing is to live a life centered on what brings you happiness and a sense of fulfillment. This could be anything from spending time with your loved ones to going on travel adventures.

If you’d like to read more stories about life in one of the busiest and richest cities in the world, check out my other posts. I write about anything and everything New York.

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Abraham Sanieoff

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QuickBooks, a leading accounting software, is integral to many businesses for managing their finances. To leverage its full potential, businesses often seek the expertise of QuickBooks consultants. This comprehensive guide delves into what these consultants do, the costs involved in hiring them, and specific information about QuickBooks ProAdvisors. What Does a QuickBooks Consultant Do? A QuickBooks consultant offers specialized expertise to ensure businesses get the most out of the QuickBooks software. Their roles and responsibilities include: Initial Setup and Customization : Consultants help in setting up QuickBooks tailored to a business's unique requirements. This setup involves configuring accounts, setting up payroll, and customizing invoices. Training and Education : They provide training to business staff, ensuring they can use QuickBooks effectively for daily operations. This training can range from basic navigation to advanced features. Data Management and Analysis : Consultants manage financial data, ensuring accuracy and compliance. They help in generating reports, analyzing financial trends, and providing insights for better decision-making. Troubleshooting and Technical Support : They offer solutions for technical issues and assist in troubleshooting problems that users may encounter. Strategic Financial Planning : Beyond software management, consultants often aid in broader financial planning, offering advice on budgeting, tax planning, and financial strategy. Integration with Other Systems : They assist in integrating QuickBooks with other business systems like CRM software, e-commerce platforms, or custom databases. Cost of Hiring for QuickBooks Management The cost of hiring someone to manage QuickBooks varies widely. Factors influencing the cost include: Level of Expertise : More experienced or specialized consultants typically charge more. Location : Rates can vary by region due to differences in the cost of living and demand. Business Needs : The complexity and volume of work required, including setup, ongoing management, and troubleshooting, affect the overall cost. Hourly Rate for QuickBooks Consultants As of 2023, QuickBooks consultants in the United States generally charge between $50 and $150 per hour. This rate is influenced by: Certifications : Certified consultants or ProAdvisors often command higher rates. Experience : Seasoned consultants with a proven track record may charge premium rates. Service Complexity : Advanced services like custom integrations or complex troubleshooting can raise the hourly rate. Cost of Hiring a QuickBooks ProAdvisor QuickBooks ProAdvisors are consultants who have been certified by Intuit, the makers of QuickBooks. Their costs can vary: Certification Level : ProAdvisors can be certified in different QuickBooks products, and those with multiple or advanced certifications may charge more. Service Package : Some ProAdvisors offer fixed-price packages for specific services like annual reviews, which can be more cost-effective than hourly rates. Experience and Reputation : Highly reputed ProAdvisors with extensive experience might charge more, but they also bring a wealth of knowledge and expertise. Conclusion Hiring a QuickBooks consultant can be a strategic investment for businesses looking to optimize their financial processes. The cost of hiring these professionals varies based on their expertise, location, and the specific needs of your business. When choosing a consultant consider the QuickBooks ProAdvisors at PNATC , they have more QuickBooks ProAdvisors than any other firm in the United States. It's important to consider their qualifications, experience, and the range of services they offer, ensuring they align with your business's financial management needs and budget.

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