Re: How much is enough?
 

[QUOTE]Originally posted by Mairi&Chris
Whaetver you bring is not enough.



We took voluntary retrenchment plus cashed in insurance and pension policies etc so over the next year or so have about $450k and are still panicking.



We should be so lucky - $450K:scared: ;)



Lisa x

We will be going with about £269K proceeds of redundancy and equity. We plan to spend the first few months adjusting to life in Perth and organising essentials such as kids schools/childcare, rental etc and all the boring stuff. We don't plan to buy until hubby's job at the Perth branch of his company, or elsewhere, is definate. He works in the oil industry so work should not be a problem, I will be a primary teacher so should be able to do relief work.

ACE :)

Bloody hell!!! Money bags! Im jealous!!! If only I didnt spend so much money on CRAP Id be much better off!!!:rolleyes:

The circumstances are a little different, but... I left university with £200 (when you could buy a four-course dinner and still have change out of a sixpence, yeah right...) and these days many (all?) leave with a huge debt. Yet they still manage to carve out a life. It may be a struggle but it doesn't mean it's impossible.

Just trying to encourage those who think they're too poor to succeed!

We are just lucky that hubby stayed at the place for 22 years and the houses in our area, like most, have seen a sharp rise in value. Mind you it has been demonstrated loads of times on this forum that people go with a lot less and are perfectly happy and sucessful.:)

ACE

I believe people live by their means, the more money you have / earn then the bigger the house/mortgage or more holidays / exotic locations etc.

We should be taking about 25k with us but if we have to stay in the uk longer than the 16th august then it will eat into that figure due to neither of us working now ( i finished yesterday ).

We plan to live like paupers upon our arrival in aus.After all, without knowing how much money you will be earning or paying out each week, how can you possibly know how much rent you can afford ?????

So we rent as cheap as possible, get jobs and see what happens.We're taking next to nothing with us, just stuff for the kids mainly ( playstation and videos/ dvd's etc ) so have to buy everything once there.

Scary stuff but we believe it's the right move for us and however much money you take it WILL be enough because you will live by THOSE means.
Loads of money just makes things easier i suppose.
Again, it depends on how you live now and how you are prepared to live once in aus until settled.

Paul.

Re: How much is enough?
 

yeah, but now we have no pensions etc, it all has to be rebuilt in the next 20 years. (assuming my liver last long enough to get me to retirement age ;) )

Yes, handing over thousands of pounds to DIMIA and migration agents really takes its toll on the savings. Add to that the peanuts you will work long hours for in Oz (and be grateful for it as there are 1000s waiting to take your job).

Depending on house sale, hopefully £250k. I want to be a beach bum, I've worked hard enough already!

Hey Kong

You still earning (eating) peanuts?

Well it certainly aint thousands of pounds in our case about £1.1k (diy) plus £2.1k bond which we get back in 2 years. I hope it to be worth every penny. If it don't work out we lose a bit of cash but I reckon it's worth the gamble.

Jobs in Oz? Well we take our chances on what we earn it's all comparative, please, please don't start a thread about cost of living in Oz, seen millions of them.

Anyway where you been the past few days, aint seen much activity or cut and paste (apart from the property one)? You losing your touch?

Walla

I have been too busy manning the phones on my information line for Brits who have blown their life savings on a bulls@:t dream of an Australia that does not exist.

I have been surviving on an hours sleep a night. The stories that I have to listen to are heart breaking.

I will try to donate more of my time to this forum, as prevention is indeed preferable to cure.

Cheers

Hey Kong

So that's why you hate Australia, all those bad stories and your own experiences of course. Are you at liberty to share some of thgem with us, of course respecting confidentiality? Where do you work or is it your own time that you take these calls?

Yes, please donate more time to us as I agree prevention is indeed preferable to the cure.

Walla