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When the pandemic lockdowns were mandated, Texas was a hold-out. Not only did the state refrain from shutting down, but it also became a hot spot for people looking to escape the regulations and take advantage of the economic benefits Texas has to offer. With no state tax and an open environment for business, it is no surprise that Elon Musk and Joe Rogan have moved their empires to the Lone Star State. You probably don’t have as much money as they do, but if you are looking to cash in on the boom in Texas now is the time. Below are some ways to cash in on the economy of the state.
Texas is booming with incredible opportunities! From real estate to tech, now is the perfect time to grow your business, investments, and achieve financial success. #TexasEconomyClick To TweetMove Your Life to Texas
The pandemic has brought an increased amount of people moving to Texas. There are plenty of reasons why. The lack of state income tax keeps more money in the pockets of the individuals and families who move to the state. Furthermore, the cost of living is lower than a lot of states on the East and West coasts. Beyond the fact that there is no state tax in Texas, the property is cheaper, and the opportunities are varied.
This book simplifies the moving process with tips, various checklists, worksheets, and an in-depth moving timeline which is not only a big overview of the entire moving process with things broken down into steps, it is also a convenient checklist for you to mark off each task as completed.
Buy Property in Texas
If you have money to
Whether you want to create your own world with your family or buy property in a hot-spot like the area surrounding Austin, purchasing a home in Texas can be both fulfilling and lucrative. Do you want to make money off property? Or are you trying to get away from it all and live on a big plot of land in the middle of nowhere? Buying property in Texas is a good move if you are trying to change your life.
Move Your Business to Texas
Between the ability to keep more of your revenue, the cheaper property, and the open business environment, if you are thinking about starting a business or relocating, you’d be remiss not to consider Texas. Elon Musk has moved his innovative tech businesses to the Austin area. He has called it the next great American boomtown. Amazon, Google, and other companies like Canva have opened locations in the area.
It isn’t just tech and tech-adjacent businesses that are moving to Texas. Restaurants and bars are opening to meet the demand of these newcomers. Retail businesses are opening. Whatever sector of the economy your business is in, relocating to Texas can offer success.
Are you ready to make the jump to another city or country? Sara Graham guides you through how to deal with people, pets, paperwork and all the important moving parts of relocation.
Fix Your Money Problems in Texas
Coming to Texas can mean a lower rent or mortgage, more money in your pocket, and a lower cost of living—all of which can help you fix your money problems. If you are in
It’s no secret that Texas has come out as one of the states that have benefited from the shifts in the United States. While other states locked their economies down, Texas refused to do so. Between the economic freedom and the lower taxes, moving your business, life, and family to Texas can be a great value to you. Texas is diverse and places like Austin have all walks of life.
If it is time to do something new with your life and make a better situation for yourself, Texas is an avenue to go down. Are you looking to create a more stable life for you and your family? Texas can help you get there.
This clear and simple guide provides tons of practical advice for keeping track of your finances. With useful tips on setting financial goals, reducing debt, finding ways to save money, and creating and following a budget plan, you’ll have your dollars and cents under control in no time.
Joey Trebif is the pen name of Mark Fiebert, a former finance executive who hired and managed dozens of professionals during his 30-plus-year career. He now shares expert job search, resume, and career advice on CareerAlley.com.
