San Francisco is the best city for millennials and youths. There is so much to offer here. Diversity, great eats, Google, Apple, Twitter, YouTube, Yelp HQ and more! SF is #1!
Yet according to the Wall St. Journal, the Top 5 “youth magnet cities” are:
1) Washington DC – Didn’t realized that’s how they spelled San Francisco.
3) New York
5) Austin – Washington DC
Dear Wall Street Journal, have you never heard of the Bay Area? My main question is: “Where is SF?!” The researchers who compiled the list clearly did not spend any time in the Bay Area. San Francisco is the best city for millennials. And the tech companies prove it.
San Francisco Is The Best For Tech Jobs
I can walk over to the headquarters of Twitter and ask the VP of development why my Twitter account name can only be @FinancialSamura and not @FinancialSamura(i).
Then I can grab a bite to eat with Googler‘s across the street at the Water Bar, and then go drink some beers with some marketers at Facebook. How can San Francisco not be one of the Top 5 magnet cities for youth?
Yes, the San Francisco is an expensive coastal city. $500,000, 600sqft studios anyone? But, the young guns at the city’s tech heavy companies all make a lot of money. And they are going to make a ton more once they get acquired or go public!
Oh yeah, ever heard of YouTube? They’re based here too as I was reminded one day checking out a $2.5 million open house for fun. The agent told me the young 28-year-old owner and her husband were selling to move back home to Iowa!
San Francisco and Silicon Valley are the absolute meccas for social media, venture capitalism, and the internet. Every single management consulting firm and major financial institution (a populist “boo”) are here too.
If you’re in college, or are thinking about transferring to a new city, think about San Francisco. Take it from a guy who has lived in DC, New York City, and has been on countless business trips to Portland and Austin. SF rocks!
San Francisco Is The Best For Lifestyle And Weather
Whether or not you work in tech, there are plenty of other reasons why San Francisco is a great city for millennials and youth. The lifestyle and weather are sublime.
When you live in San Francisco, you can drive just 3 hours up to Squaw Valley, Lake Tahoe and snowboard in a foot of fresh powder. And the very next day you can play tennis in 70 degree weather back in the city. Why would you live anywhere else?
I spent 10 years on the east coast freezing my bum off every winter, and sneezing my head off every spring and fall because of allergies. If only I had discovered SF sooner.
The weather in San Francisco is also mild and great for those who like the outdoors. Winters are mild with highs of 50-60 degrees. And spring, summer and fall range from 60-80 degrees. It’s a great city for wearing layers. There’s no humidity, the air is clean, and the ocean breeze is refreshing and good for the soul.
San Francisco Is Both A Big City And A Small World
San Francisco is also a city for funny coincidences. It’s big enough that you can wander around and not recognize anyone. And it’s also a small enough world that you’ll randomly bump into people you know at a coffee shop or your favorite bar.
A couple weeks ago, I was playing golf with a client and his friend who works at Federated Media. I had no idea what Federated Media was because I’m a noob. But, I soon realized they are a fantastic advertising platform which counts Wise Bread and Mashable as their clients!
We’re going to have coffee this month so he can explain to me the hurdles of getting represented by them. Is someone with a similar offering going to be competitive with someone who can have a face to face conversation straight with the source? No.
Networking In San Francisco Abounds
Just this past weekend, I went hiking with 8 friends up in Muir Woods (great redwood trees). And it turns out one of the hikers is the VP of Sales at Adbrite, one of the Top 5 advertising platforms on the web.
I started asking her how they planned to take on Google Adsense and improve their technology. During my own test trials of Google Adsense, I was pretty disappointed in the ad relevancy. One time I woke up to see Russian mail order bride ads on the site! I was not happy about that.
It was so fascinating to hear her speak about her company’s strategy and innovation. I’m pretty sure Adbrite will continue to improve and be bought out someday.
The point I’m trying to make is that 1) it must be easy to get a job as a writer for the WSJ since they’ve never heard of San Francisco. And 2) if you live in SF, you are surrounded by people in fast growing, and potentially highly lucrative fields.
I didn’t seek out these people, they just so happened to be people I bumped into while enjoying some hobbies. For those who are driven and want a fast paced work environment, San Francisco is the best place to build your career.
San Francisco Is The Best City
Don’t get trapped in Austin, or do “equities in Dallas” as Liar’s Poker Michael Lewis famously wrote. Once you’re stuck, it’s very hard to get out. I wouldn’t write as one-sided if it wasn’t for Wall Street Journal’s snub. But here is San Francisco’s defensive as it is.
Build your resume in San Francisco, New York City, Washington DC, London, Hong Kong, and from there you can make your fortune and go anywhere. Once you retire, you’ll have an immediately bigger nest egg because everywhere else is so much cheaper.
Readers and younger folks, what cities do you have your heart set on for work? If there’s anybody from Austin, feel free to stand up and defend your city. If anybody will be watching the President’s Cup on TV this weekend, we’re going to do our best and wave to the readers with our FS logo at Harding Park. Go USA!
Here are some other great articles I’ve written about San Francisco. I’ve lived here since 2000 and love every minute of it.
- The #1 City In The World To Make Money Is San Francisco
- San Francisco: The Cheapest International City In The World
- The Best Place To Buy Property In San Francisco Today
Here are some additional resources I’ve put together that will help you on your financial journey to earn more, save more, and live the lifestyle you’ve always wanted.
- Take advantage of free online financial tools: Free Wealth Management
- Explore my top financial products recommendations
- Diversify and start earning passive income. Here are the best passive income streams I recommend.
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