Any families in Australia living on combined gross income of less than $100,000 a yr?
Jan 25th 2012, 8:24 am
#31
Lost in BE Cyberspace
Joined: Sep 2007
Location: Canberra
Posts: 8,378
Re: Any families in Australia living on a combined income of less than $100,000 a yea
Personally I dont know how some of you guys manage with what you have reported on here - it cant be a very comfortable lifestyle to have to be scrimping and saving all the time.
Jan 25th 2012, 9:15 am
#32
Forum Regular
Joined: Feb 2009
Location: Nr gold Coast
Posts: 173
Re: Any families in Australia living on a combined income of less than $100,000 a yea
We earned just over $100K between us last year, I have a company vehicle which is probably worth over $10K a year. And we are far better off than we were in the UK. Our mortgage is nearly 4 times greater in ratio to our income here. And no I don`t understand it either. But for us thats the way it is. I don`t worry to much about money and yes we could do with more. But I can and do spend a couple of hundred here or there if I feel like it.
Jan 25th 2012, 9:47 am
#33
Hussy
Joined: Feb 2003
Location: Australia...for now
Posts: 1,035
Re: Any families in Australia living on a combined income of less than $100,000 a yea
We're on less that $100,000 and have a decent size mortgage, 4 kids, plus I am a full time uni student with all associated costs (including 2 kids in full time daycare). We are more than just surviving, in a nice house in a lovely area. It's very possible 
Jan 25th 2012, 6:56 pm
#34
BE Enthusiast
Joined: Sep 2008
Posts: 484
Re: Any families in Australia living on a combined income of less than $100,000 a yea
Jan 25th 2012, 11:13 pm
#35
Forum Regular
Joined: Aug 2010
Posts: 68
Re: Any families in Australia living on combined gross income of less than $100,000 a
It's very refreshing to read a thread about people enjoying life on a 'normal' budget. I guess a lot of people emigrate to Australia in the hopes that their salaries will be increased, they will buy a bigger better home and have enough spare cash to satisfy their social habits, whether that be booze, holidays, theme parks etc, etc. And these things definitely cost a lot of money and are relatively more expensive than in the UK.
So I guess the meaning of getting by varies from one family to another, and it seems for a lot of British expats 'getting by' equates to life at the luxurious end of the scale for those who are used to coping on a pretty tight budget. Some contributors to this forum are only to happy to point out how vast their incomes are, and how you couldn't possibly cope with a normal salary; strangely some are also at pains to express their dissatisfaction with life down under despite their whopping pay packets. I often feel we're satisfying the narcissist within when discouraging others from exploring emigration as some members are unable to see the point if you can't send the kids to private school, visit England every year or two, or live in the thick of it close to the CBD of a major city.
Yeah raising a family on less than $100,000 a year is going to be tight, but the 'average' Australian salary is around $72k so plenty of locals must manage. Yeah you're not going to live next door to the CBD, you won't have the most expensive car, you won't by flying the family back to England every other year but that doesn't necessarily mean life is of a poorer quality for you, depends how you get by in the UK. There have been threads before of people getting by on a more modest budget, and finding Australia favourable for them due to spending more time out doors, at the parks with the kids etc.
So I guess the meaning of getting by varies from one family to another, and it seems for a lot of British expats 'getting by' equates to life at the luxurious end of the scale for those who are used to coping on a pretty tight budget. Some contributors to this forum are only to happy to point out how vast their incomes are, and how you couldn't possibly cope with a normal salary; strangely some are also at pains to express their dissatisfaction with life down under despite their whopping pay packets. I often feel we're satisfying the narcissist within when discouraging others from exploring emigration as some members are unable to see the point if you can't send the kids to private school, visit England every year or two, or live in the thick of it close to the CBD of a major city.
Yeah raising a family on less than $100,000 a year is going to be tight, but the 'average' Australian salary is around $72k so plenty of locals must manage. Yeah you're not going to live next door to the CBD, you won't have the most expensive car, you won't by flying the family back to England every other year but that doesn't necessarily mean life is of a poorer quality for you, depends how you get by in the UK. There have been threads before of people getting by on a more modest budget, and finding Australia favourable for them due to spending more time out doors, at the parks with the kids etc.
Jan 25th 2012, 11:28 pm
#36
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: Any families in Australia living on combined gross income of less than $100,000 a
It's very refreshing to read a thread about people enjoying life on a 'normal' budget. I guess a lot of people emigrate to Australia in the hopes that their salaries will be increased, they will buy a bigger better home and have enough spare cash to satisfy their social habits, whether that be booze, holidays, theme parks etc, etc. And these things definitely cost a lot of money and are relatively more expensive than in the UK.
So I guess the meaning of getting by varies from one family to another, and it seems for a lot of British expats 'getting by' equates to life at the luxurious end of the scale for those who are used to coping on a pretty tight budget. Some contributors to this forum are only to happy to point out how vast their incomes are, and how you couldn't possibly cope with a normal salary; strangely some are also at pains to express their dissatisfaction with life down under despite their whopping pay packets. I often feel we're satisfying the narcissist within when discouraging others from exploring emigration as some members are unable to see the point if you can't send the kids to private school, visit England every year or two, or live in the thick of it close to the CBD of a major city.
Yeah raising a family on less than $100,000 a year is going to be tight, but the 'average' Australian salary is around $72k so plenty of locals must manage. Yeah you're not going to live next door to the CBD, you won't have the most expensive car, you won't by flying the family back to England every other year but that doesn't necessarily mean life is of a poorer quality for you, depends how you get by in the UK. There have been threads before of people getting by on a more modest budget, and finding Australia favourable for them due to spending more time out doors, at the parks with the kids etc.
So I guess the meaning of getting by varies from one family to another, and it seems for a lot of British expats 'getting by' equates to life at the luxurious end of the scale for those who are used to coping on a pretty tight budget. Some contributors to this forum are only to happy to point out how vast their incomes are, and how you couldn't possibly cope with a normal salary; strangely some are also at pains to express their dissatisfaction with life down under despite their whopping pay packets. I often feel we're satisfying the narcissist within when discouraging others from exploring emigration as some members are unable to see the point if you can't send the kids to private school, visit England every year or two, or live in the thick of it close to the CBD of a major city.
Yeah raising a family on less than $100,000 a year is going to be tight, but the 'average' Australian salary is around $72k so plenty of locals must manage. Yeah you're not going to live next door to the CBD, you won't have the most expensive car, you won't by flying the family back to England every other year but that doesn't necessarily mean life is of a poorer quality for you, depends how you get by in the UK. There have been threads before of people getting by on a more modest budget, and finding Australia favourable for them due to spending more time out doors, at the parks with the kids etc.
Presumably as you move up the ladder your salary will increase vastly and so will your superannuation.
Many people do not seem to consider their pensions and the need to make extra payments into super or other savings.
Employer payments into super will not give a very big pension...and for self employed none at all.
Old age will not be a very happy time if you can't afford to live never mind how many 'free' things there are to do.
Jan 25th 2012, 11:32 pm
#37
Joined: Dec 2007
Posts: 2,838
Re: Any families in Australia living on combined gross income of less than $100,000 a
But aren't you working as a doctor in a training position?
Presumably as you move up the ladder your salary will increase vastly and so will your superannuation.
Many people do not seem to consider their pensions and the need to make extra payments into super or other savings.
Employer payments into super will not give a very big pension...and for self employed none at all.
Old age will not be a very happy time if you can't afford to live never mind how many 'free' things there are to do.
Presumably as you move up the ladder your salary will increase vastly and so will your superannuation.
Many people do not seem to consider their pensions and the need to make extra payments into super or other savings.
Employer payments into super will not give a very big pension...and for self employed none at all.
Old age will not be a very happy time if you can't afford to live never mind how many 'free' things there are to do.
Jan 25th 2012, 11:39 pm
#38
Fighting my corner
Joined: Aug 2005
Location: Adelaide, South Australia
Posts: 11,948
Re: Any families in Australia living on combined gross income of less than $100,000 a
I ask this question after reading some threads on BE and feeling like a distinct underachiever.
One poster, single bloke with no partner and kids, asked if he could live on $170,000 a year in Sydney, if he moved from London to Oz.
I was surprised by the number of posters who said it wasn't a lot of money !!! To me it's a king's ransom.
One poster, single bloke with no partner and kids, asked if he could live on $170,000 a year in Sydney, if he moved from London to Oz.
I was surprised by the number of posters who said it wasn't a lot of money !!! To me it's a king's ransom.
We're living on a lot less than the average national wage, though we do have a very low mortgage (~$156k).
It's not easy, but it is possible and in our case it's only short term while I'm studying. We were sitting pretty when I had a full time job and a company car.
Last edited by Vash the Stampede; Jan 25th 2012 at 11:50 pm.
Jan 26th 2012, 12:13 am
#39
BE Enthusiast
Joined: Jul 2011
Location: Back in Melbourne
Posts: 312
Re: Any families in Australia living on combined gross income of less than $100,000 a
It's very refreshing to read a thread about people enjoying life on a 'normal' budget. I guess a lot of people emigrate to Australia in the hopes that their salaries will be increased, they will buy a bigger better home and have enough spare cash to satisfy their social habits, whether that be booze, holidays, theme parks etc, etc. And these things definitely cost a lot of money and are relatively more expensive than in the UK.
So I guess the meaning of getting by varies from one family to another, and it seems for a lot of British expats 'getting by' equates to life at the luxurious end of the scale for those who are used to coping on a pretty tight budget. Some contributors to this forum are only to happy to point out how vast their incomes are, and how you couldn't possibly cope with a normal salary; strangely some are also at pains to express their dissatisfaction with life down under despite their whopping pay packets. I often feel we're satisfying the narcissist within when discouraging others from exploring emigration as some members are unable to see the point if you can't send the kids to private school, visit England every year or two, or live in the thick of it close to the CBD of a major city.
Yeah raising a family on less than $100,000 a year is going to be tight, but the 'average' Australian salary is around $72k so plenty of locals must manage. Yeah you're not going to live next door to the CBD, you won't have the most expensive car, you won't by flying the family back to England every other year but that doesn't necessarily mean life is of a poorer quality for you, depends how you get by in the UK. There have been threads before of people getting by on a more modest budget, and finding Australia favourable for them due to spending more time out doors, at the parks with the kids etc.
So I guess the meaning of getting by varies from one family to another, and it seems for a lot of British expats 'getting by' equates to life at the luxurious end of the scale for those who are used to coping on a pretty tight budget. Some contributors to this forum are only to happy to point out how vast their incomes are, and how you couldn't possibly cope with a normal salary; strangely some are also at pains to express their dissatisfaction with life down under despite their whopping pay packets. I often feel we're satisfying the narcissist within when discouraging others from exploring emigration as some members are unable to see the point if you can't send the kids to private school, visit England every year or two, or live in the thick of it close to the CBD of a major city.
Yeah raising a family on less than $100,000 a year is going to be tight, but the 'average' Australian salary is around $72k so plenty of locals must manage. Yeah you're not going to live next door to the CBD, you won't have the most expensive car, you won't by flying the family back to England every other year but that doesn't necessarily mean life is of a poorer quality for you, depends how you get by in the UK. There have been threads before of people getting by on a more modest budget, and finding Australia favourable for them due to spending more time out doors, at the parks with the kids etc.
Jan 26th 2012, 12:36 am
#40
Account Closed
Joined: Sep 2006
Posts: 4,374
Re: Any families in Australia living on a combined income of less than $100,000 a yea
, However we do manage to save summit each month, we try!!! to save what we would pay in a mortgage, some months i thank my lucky stars we aint got a mortgage.
Jan 26th 2012, 1:19 am
#41
Fighting my corner
Joined: Aug 2005
Location: Adelaide, South Australia
Posts: 11,948
Re: Any families in Australia living on a combined income of less than $100,000 a yea
Oh well. Glad to hear things have turned out so nicely for you.
Jan 26th 2012, 3:27 am
#42
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Re: Any families in Australia living on combined gross income of less than $100,000 a
I think some people make very patronising comments about other people they know nothing about. Some people constantly think about their pensions and retirement but are unable to put anything extra away because they have to spend their money on living now.
Jan 26th 2012, 3:49 am
#43
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: Any families in Australia living on combined gross income of less than $100,000 a
It is all very well talking about surviving and the 'free' stuff you can do but you also have to consider the future.
That is not patronising...it is a reality that needs to be faced.
Jan 26th 2012, 4:02 am
#44
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Re: Any families in Australia living on combined gross income of less than $100,000 a
It's patronising when you state that people don't consider that. Yes it needs considering when you're deciding how much you need to earn but both you and Quoll stated that you can't believe people don't think about it. You don't know what people do or do not consider when they're weighing up the pros and cons. It's a matter of wording.
Jan 26th 2012, 4:43 am
#45
Forum Regular
Thread Starter
Joined: Mar 2008
Location: Perth
Posts: 281
Re: Any families in Australia living on combined gross income of less than $100,000 a
It's patronising when you state that people don't consider that. Yes it needs considering when you're deciding how much you need to earn but both you and Quoll stated that you can't believe people don't think about it. You don't know what people do or do not consider when they're weighing up the pros and cons. It's a matter of wording.
I just hope we have enough equity in the house by the time we are too old and doddery to work or win the lottery
I'd love to salary sacrifice, for example, to boost my super, but I've never earned enough to be able to do that. Virtually all my salary has gone on the basics - food, petrol, rego, car insurance, car repairs, new school shoes/uniform/books/stationery, dental work etc
I know that there are lots of people far worse off than us and to me being happy with what we have, having good friends and the good health of my family is far more important.
Sill wouldn't mind a lovely Guess handbag i saw in Strandbags in Rocky shopping centre last week
