#59: How to Financially Prepare for a Move Out of State or Abroad (Without Stress)

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In this episode of Wealth Para Todos, host Rita-Soledad Fernandez Paulino (Soledad, they/them)—a queer Mexican-American money and self-care coach—walks you through how to financially and emotionally prepare for moving far away.

Whether you’re moving out of state or leaving the country, this episode will help you create a plan that supports both your financial security and your nervous system.

Soledad shares personal stories from:

  • Moving from Los Angeles to New York City at 20 with just two suitcases and $1,000
  • Moving back to LA while pregnant, without jobs lined up, relying on savings and community

What You’ll Learn in This Episode

  • How to calculate the true cost of moving (including hidden expenses most people forget)

  • How to create a moving sinking fund and where to store it (HYSA, CDs, or investing)

  • Why you also need a transition sinking fund for income gaps

  • What it means to reach Stage 6 of Financial Security before making a big move

  • How to plan for income, job searches, and financial transitions

  • What to consider when moving internationally (banking, taxes, currency, etc.)

  • How to prepare for the emotional side of moving (decision fatigue, loneliness spending, and self-care)

00:00 Welcome + Episode Overview
00:57 My First Move Out of State (LA → NYC)
01:57 Moving Back to LA While Pregnant
05:07 Community Is Currency
06:17 How to Calculate the Full Cost of Moving
07:41 Building Your Moving Sinking Fund
09:04 Strengthening Your Financial Safety Net
10:20 Researching Your New City Budget
11:35 Income Strategy + Transition Fund
12:57 Administrative + Banking Checklist
13:58 Emotional Preparation + Self-Care
15:07 Recap + Key Takeaways
16:46 Subscribe + Wealth Para Todos Academy Invite
17:23 Closing + Disclaimer