$110k...Is this enough ? !
#151
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Joined: Jul 2006
Posts: 14,188
Re: $110k...Is this enough ? !
Unless I am missing something from the outgoings, I think we will be quite comfortable....Have I missed anything ?
http://img811.imageshack.us/img811/5...lculations.png
http://img811.imageshack.us/img811/5...lculations.png
#152
Re: $110k...Is this enough ? !
Same here mate !
I think the long and short of it is that we will live as we do in the UK. We do have some disposable income at the end of the month and looking at the figures, we will continue to have some disposable monthly income.
Obviously, if we have a mad month, then the surplus funds will be affected.
I think the long and short of it is that we will live as we do in the UK. We do have some disposable income at the end of the month and looking at the figures, we will continue to have some disposable monthly income.
Obviously, if we have a mad month, then the surplus funds will be affected.
#153
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Joined: Jul 2006
Posts: 14,188
Re: $110k...Is this enough ? !
Same here mate !
I think the long and short of it is that we will live as we do in the UK. We do have some disposable income at the end of the month and looking at the figures, we will continue to have some disposable monthly income.
Obviously, if we have a mad month, then the surplus funds will be affected.
I think the long and short of it is that we will live as we do in the UK. We do have some disposable income at the end of the month and looking at the figures, we will continue to have some disposable monthly income.
Obviously, if we have a mad month, then the surplus funds will be affected.
#154
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Joined: Sep 2006
Posts: 4,374
Re: $110k...Is this enough ? !
I have to be honest that I am stunned at how people stuggle so much. I wonder if people could break down where their money goes as I am sure peoples views on scraping by are very different.
combined dual income for me and hubby is approx 130k (he is full and me part time)
Take home pay is approx $8400 (wow that sounds a lot when you say it like that)and this is after my hubby's novated full expensed car is factored in.
We have a morg of about 430k
Out goings each month
Morg $2900 (slightly over pay each month and biggest chunk is 5.6%)
Leccy $180
Phone/internet combined $180 (i know a lot reasons behind this).
health ins $280
Car Ins $60
foxtell $110 (2 iq boxes)
house ins $100
credit (yes we have some interest free) about $150 (again over pay)
council rates about 150
remainder is $4000ish
Ok still have to take out food and general stuff but that is still $1000 spare cash each week to spend on shopping, other items and going out.
Jo
combined dual income for me and hubby is approx 130k (he is full and me part time)
Take home pay is approx $8400 (wow that sounds a lot when you say it like that)and this is after my hubby's novated full expensed car is factored in.
We have a morg of about 430k
Out goings each month
Morg $2900 (slightly over pay each month and biggest chunk is 5.6%)
Leccy $180
Phone/internet combined $180 (i know a lot reasons behind this).
health ins $280
Car Ins $60
foxtell $110 (2 iq boxes)
house ins $100
credit (yes we have some interest free) about $150 (again over pay)
council rates about 150
remainder is $4000ish
Ok still have to take out food and general stuff but that is still $1000 spare cash each week to spend on shopping, other items and going out.
Jo
Last edited by Margaret3; Jan 8th 2011 at 11:41 pm.
#155
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Joined: Sep 2006
Posts: 4,374
Re: $110k...Is this enough ? !
Wow....this thread is quite popular however, often off-topic !
Anyway, the troll seems to have relented and the above post is very similar to our COL calculations with the remainder of $4000 for food and general stuff being how we would expect to live.
We are a family who does not drink fancy coffees at the local tapas bar, we do not go to pubs/clubs however we may go out for an occasional meal.
Our main cost is going to be our house and we have budgeted $550-660 per week for rent. We understand that we will not be living in areas like Cottesloe or Peppermint however, from our research, places like Mandurah (SOR) and Dunscraig (NOR) are affordable and within budget.
Unless I am missing something, I am struggling to understand why a few select people on this thread are struggling to afford the cost of living. COL is subjective and people who live outside of their means are obviously going to have trouble.
Keep this thread going as it is not too late for us to change our minds !
Anyway, the troll seems to have relented and the above post is very similar to our COL calculations with the remainder of $4000 for food and general stuff being how we would expect to live.
We are a family who does not drink fancy coffees at the local tapas bar, we do not go to pubs/clubs however we may go out for an occasional meal.
Our main cost is going to be our house and we have budgeted $550-660 per week for rent. We understand that we will not be living in areas like Cottesloe or Peppermint however, from our research, places like Mandurah (SOR) and Dunscraig (NOR) are affordable and within budget.
Unless I am missing something, I am struggling to understand why a few select people on this thread are struggling to afford the cost of living. COL is subjective and people who live outside of their means are obviously going to have trouble.
Keep this thread going as it is not too late for us to change our minds !
Anyway am off out for a fancy $3.50 coffee
Last edited by Margaret3; Jan 8th 2011 at 11:42 pm.
#157
Guest
Posts: n/a
Re: $110k...Is this enough ? !
Then, following the 100% Australian negative posts, you get the Australian positive posts to show it isn't all like that.
Now if all post were realisitic ??
ie: In my area Australia is "whatever", rather than all of Australia is "whatever"... Things may be clearer. ?
Anyway just of to the shops...
Not sure they will have those bananas though...
#158
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: $110k...Is this enough ? !
A lower income divided by two income earners perhaps would be better.
The problem is that some of them are, and people end up not knowing which are real and which aren't.
Then, following the 100% Australian negative posts, you get the Australian positive posts to show it isn't all like that.
Now if all post were realisitic ??
ie: In my area Australia is "whatever", rather than all of Australia is "whatever"... Things may be clearer. ?
Anyway just of to the shops...
http://lh4.ggpht.com/_hj8k2cqkmsQ/TD...fruit-shop.jpg
Not sure they will have those bananas though...
Then, following the 100% Australian negative posts, you get the Australian positive posts to show it isn't all like that.
Now if all post were realisitic ??
ie: In my area Australia is "whatever", rather than all of Australia is "whatever"... Things may be clearer. ?
Anyway just of to the shops...
http://lh4.ggpht.com/_hj8k2cqkmsQ/TD...fruit-shop.jpg
Not sure they will have those bananas though...
#159
BE Forum Addict
Joined: Oct 2009
Location: Perth
Posts: 2,237
Re: $110k...Is this enough ? !
The problem is that some of them are, and people end up not knowing which are real and which aren't.
Then, following the 100% Australian negative posts, you get the Australian positive posts to show it isn't all like that.
Now if all post were realisitic ??
ie: In my area Australia is "whatever", rather than all of Australia is "whatever"... Things may be clearer. ?
Anyway just of to the shops...
http://lh4.ggpht.com/_hj8k2cqkmsQ/TD...fruit-shop.jpg
Not sure they will have those bananas though...
Then, following the 100% Australian negative posts, you get the Australian positive posts to show it isn't all like that.
Now if all post were realisitic ??
ie: In my area Australia is "whatever", rather than all of Australia is "whatever"... Things may be clearer. ?
Anyway just of to the shops...
http://lh4.ggpht.com/_hj8k2cqkmsQ/TD...fruit-shop.jpg
Not sure they will have those bananas though...
Navel oranges: $4.99/kg
Bananas: $3.99/kg (spotted for $1.99/kg at Claremont the other day)
Potatoes: $2.99/kg (but I never buy the Nadine variety, I'm happy to pay more for such an important food)
Sweetcorn: $1.99 (I only buy if they're under $1)
Cabbage: $0.90 for half
Milk: full cream was on special for about $2.30/2L - but full cream not healthy, so I buy skimmed for us, $4.19/2L, low fat for the kids, $3.59/2L
We've already talked about bread recently
Baked beans: $1.82/420g tin (Heinz)
Apples: Granny Smiths range from $1.99-3.99/kg depending on qualilty, Pink Lady $8.99/kg, Fuji and Sundowner $7.99/kg (no Gala available unfortunately)
Maybe I should drive for 30 minutes and give Spud Shed a try and report back.
#160
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Posts: n/a
Re: $110k...Is this enough ? !
Normally better than Woolworths, although there has been the odd occasion when they weren't that great. I got some green beans the other week for 69 cents kg, half were OK, the rest went to the guinea pigs. But when Woolworths were asking $7 kg... I was still quids in.
Just got back from the shop, and to my surprise the Bananas were still 99c kg.
What I just bought:
Newspaper ($2), 2 litres of milk ($1.99), 1 kg of Red Apples ($3.99) and a loaf of bread ($1.40 made by George Weston Foods) all for $7.40
Just got back from the shop, and to my surprise the Bananas were still 99c kg.
What I just bought:
Newspaper ($2), 2 litres of milk ($1.99), 1 kg of Red Apples ($3.99) and a loaf of bread ($1.40 made by George Weston Foods) all for $7.40
#161
Guest
Posts: n/a
Re: $110k...Is this enough ? !
Too many people are misleading when they say that ALL of Australia is expensive, which is a very common statement by a few.
By showing my area, it does show that options are available and not to just pay the high prices, without questioning.
National Newspapers have also stated that by shopping around you can trim your weekly shopping bill by about 40%. Is that also misleading ?
Obviously if people have NO interest in shopping around, then that's OK. But people NEED to be told that there are options if they look around. And it isn't only in MY area. We found the same options when we lived in Sydney, I am sure these exist in most places.
Not everywhere though, especially in some upmarket areas, where the retailers know that they need not trim prices, because the locals are cashed up, and wouldn't be seen dead buying something cheap, no matter how good it was.
#162
Re: $110k...Is this enough ? !
We're lucky to be on a good wage but still find my area (Sydney) expensive. I worked out that our rent alone would consume all the takehome of a $70,000 salary
#163
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Joined: Oct 2009
Location: Perth
Posts: 2,237
Re: $110k...Is this enough ? !
The bananas are usually $3.99/kg, such as in Subiaco yesterday. Claremont, 2 suburbs away had them at half price, same supermarket chain. Both these suburbs are amongst the most expensive in Perth for property, but not necessarily for food shopping (the wealthy like a food bargain too). I will have to delve into shops in some of Perth's less wealthy areas.
#164
Re: $110k...Is this enough ? !
Not misleading at all, the advert does state MY area.
Too many people are misleading when they say that ALL of Australia is expensive, which is a very common statement by a few.
By showing my area, it does show that options are available and not to just pay the high prices, without questioning.
National Newspapers have also stated that by shopping around you can trim your weekly shopping bill by about 40%. Is that also misleading ?
Obviously if people have NO interest in shopping around, then that's OK. But people NEED to be told that there are options if they look around. And it isn't only in MY area. We found the same options when we lived in Sydney, I am sure these exist in most places.
Not everywhere though, especially in some upmarket areas, where the retailers know that they need not trim prices, because the locals are cashed up, and wouldn't be seen dead buying something cheap, no matter how good it was.
Too many people are misleading when they say that ALL of Australia is expensive, which is a very common statement by a few.
By showing my area, it does show that options are available and not to just pay the high prices, without questioning.
National Newspapers have also stated that by shopping around you can trim your weekly shopping bill by about 40%. Is that also misleading ?
Obviously if people have NO interest in shopping around, then that's OK. But people NEED to be told that there are options if they look around. And it isn't only in MY area. We found the same options when we lived in Sydney, I am sure these exist in most places.
Not everywhere though, especially in some upmarket areas, where the retailers know that they need not trim prices, because the locals are cashed up, and wouldn't be seen dead buying something cheap, no matter how good it was.
#165
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: $110k...Is this enough ? !
Seems just a couple of years ago, oz sundreamer would post " Is 100k a year enough to live on an everyone would accuse him of bragging
Now its more how OMG how the the **** do you expect to live on that
Now its more how OMG how the the **** do you expect to live on that