u/Etheon44

So here is the question, I will be having to move within the year to another house, and here is my current situation:

Frontend engineer, 29M, 4.5 YoE, no studies related (I studied another field), I have been working consistently since end of 2021, lost my job March 2025 and found the current one that is better in every way barely a month after; working full remotely since 2023 if I remember correctly, but important point, I have worked for two start ups, and with my experience with the first, they can be very shaky and die suddenly, even tho my current start up is way bigger than the previous one (current one has over 300 employees, previous one barely had 50).

I am currently living within the big city, since I have always thought that the extra price for living (specially rent is crazy expensive) was worth being closer to opportunities even if they were hybrid.

As you can see, I am quite early on in my career, how wise do you think it is to move out of a job hub in my current condition? Here, my rent is going to take around 30-35% of my net salary, with all minimum costs it will sit at around 50%; if I were to move out I probably can have everything for 30-35%.

Since the tech market is how it is, I am not sure moving out would be the correct choice; plus I would love to work abroad as soon as possible, I have been sending CVs daily for the whole year but I haven't had a single interview as of now (probably because most offers are for seniors described as 5-6+ and I am not there yet)

Edit: Thank you all for the answers, I am learning a lot and there are some that are saying that are in the same position/mindset as me, read through the comments of people that do know more than us, I most certainly will act upon it during this month/following months

This is coming from someone that doesn't understand finance probably half as well as most of you do, hence the question

Because investing requires a certain ability to have a part of your salary exclusively going towards something that will give you nothing in the close-mid future. The bigger, the better, the more compound interests will make in a shorter time-span.

Most median/average salaries in european countries, taking into account the current economy, groceries prices, housing prices be it rent or buying etc etc etc, should not allow a lot of options to be able to have that money.

So investing now, which, for sure will be more positive for you in 30-40 years, kinda require you to reach those 30-40 years, so unless you are earning a lot, you will be struggling for those 30-40 years.

And as someone that, and I don't really want advice on this, doesn't want to live past 60ish and is nearly 30 now, investing seems like a good choice if you make good money, basically if you are in a top percentile of earners in your country, which would probably already allow you to live very well until retirement, and even afterwards without that much investing.

How wrong am I, and what recommendations would you make? I technically have risen above that salary in my country not even a year ago, but not by much (frontend engineer, currently earning 45kish in Spain, rent is 900€a month and general minimum costs are around 50% of my salary as of right now so around 1400 costs per month, and the 1400 to move around, but again prior to this year it was half of what I was earning).