Squared Away Move or Stay Put Calculator

What is the Squared Away Method?

The Squared Away Method is a systematic approach to decision-making that involves evaluating all relevant factors before making a choice. The name "squared away" comes from the idea of organizing all aspects of the decision in a structured manner, similar to arranging items in a square grid.

This method is often used in personal finance, real estate, and career decisions where multiple factors need to be considered. It helps individuals avoid making hasty decisions by ensuring they've thoroughly evaluated all aspects of the situation.

How to Use This Calculator

Using the Squared Away Move or Stay Put Calculator is straightforward. Follow these steps:

1. Enter the cost of moving (if applicable) in the "Moving Cost" field.
2. Enter the cost of staying put in the "Staying Cost" field.
3. Enter the benefits of moving in the "Moving Benefits" field.
4. Enter the benefits of staying put in the "Staying Benefits" field.
5. Click the "Calculate" button to see the results.

The calculator will provide a recommendation based on the inputs and display a comparison chart for visual reference.

Formula and Assumptions

The calculator uses the following simplified formula to determine whether to move or stay put:

The calculator makes the following assumptions:

• All costs and benefits are in the same currency.
• Benefits are measured on a comparable scale to costs.
• The decision is based solely on the financial aspects provided.
• Non-financial factors are not considered in this simplified model.

Worked Example

Let's consider an example where you're deciding between moving to a new city or staying in your current location.

Using the formula:

Since the decision score is positive ($2,000), the calculator would recommend moving to the new city.

Interpreting Results

The calculator provides a decision score that helps you determine whether to move or stay put. Here's how to interpret the results:

• Positive Decision Score: Indicates that moving provides a net benefit compared to staying put. The larger the positive score, the stronger the case for moving.
• Negative Decision Score: Indicates that staying put provides a net benefit compared to moving. The larger the negative score, the stronger the case for staying.
• Zero Decision Score: Indicates that both options are equally beneficial based on the provided inputs.

Remember that this calculator provides a simplified analysis. Consider all factors, including non-financial aspects, before making your final decision.