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How much money do we need?

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Old Jan 17th 2004 | 11:06 pm
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Default How much money do we need?

We are in the process of applying to go to Adelaide through the STNI. Our house sale would leave us with about £50,000 to take with us. We have three children 14,10,8. Hubby is an electrican, I am a secretary. Do we have a sufficient amount of money to start us off and get a decent place to live, I know we will have to rent for a fair bit first. Anyone been in the same situation. Thanks for any advice.
 
Old Jan 17th 2004 | 11:17 pm
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Default Re: How much money do we need?

Originally posted by j hamilton
We are in the process of applying to go to Adelaide through the STNI. Our house sale would leave us with about £50,000 to take with us. We have three children 14,10,8. Hubby is an electrican, I am a secretary. Do we have a sufficient amount of money to start us off and get a decent place to live, I know we will have to rent for a fair bit first. Anyone been in the same situation. Thanks for any advice.

Not being funny, but does it matter? You've got fifty grand; whether it's enough or not, it'll have to do.
 
Old Jan 17th 2004 | 11:18 pm
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Default Re: How much money do we need?

Originally posted by j hamilton
We are in the process of applying to go to Adelaide through the STNI. Our house sale would leave us with about £50,000 to take with us. We have three children 14,10,8. Hubby is an electrican, I am a secretary. Do we have a sufficient amount of money to start us off and get a decent place to live, I know we will have to rent for a fair bit first. Anyone been in the same situation. Thanks for any advice.
Almost totally dependent on how quickly you can start making moola. Do everything you can to find a job before leaving.
 
Old Jan 17th 2004 | 11:54 pm
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Default Re: How much money do we need?

Originally posted by j hamilton
We are in the process of applying to go to Adelaide through the STNI. Our house sale would leave us with about £50,000 to take with us. We have three children 14,10,8. Hubby is an electrican, I am a secretary. Do we have a sufficient amount of money to start us off and get a decent place to live, I know we will have to rent for a fair bit first. Anyone been in the same situation. Thanks for any advice.
With £50,000, that's say $115,000, in the bank to begin with, thats a good start.

Spend say $3,000 per month, living carefully but not frugal, should last you about 3 years, without working.

If you start working, then whatever you have left is available for a deposit on a house, and I would think that an Electrician will find work without too many problems. When will you be over here ? I need an electrician now, but can't find one that seems to be bothered.

Thats a very simplistic view, but puts it into perspective.
 
Old Jan 18th 2004 | 1:16 am
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Last edited by maxpaxx; Apr 23rd 2004 at 8:05 pm.
 
Old Jan 18th 2004 | 1:40 am
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Default Re: How much money do we need?

Originally posted by ABCDiamond
With £50,000, that's say $115,000, in the bank to begin with, thats a good start.

Spend say $3,000 per month, living carefully but not frugal, should last you about 3 years, without working.

If you start working, then whatever you have left is available for a deposit on a house, and I would think that an Electrician will find work without too many problems. When will you be over here ? I need an electrician now, but can't find one that seems to be bothered.

Thats a very simplistic view, but puts it into perspective.

dont need any plasterers in about 6 months time do you??

sue
 
Old Jan 18th 2004 | 4:25 am
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Default Re: How much money do we need?

Originally posted by ABCDiamond
With £50,000, that's say $115,000, in the bank to begin with, thats a good start.

Spend say $3,000 per month, living carefully but not frugal, should last you about 3 years, without working.

If you start working, then whatever you have left is available for a deposit on a house, and I would think that an Electrician will find work without too many problems. When will you be over here ? I need an electrician now, but can't find one that seems to be bothered.

Thats a very simplistic view, but puts it into perspective.
thats for being positive, just don't want to be left too short with having three kids and losing our home back here and i know we need a certain amount to actually move, fees etc

thanks
 
Old Jan 18th 2004 | 6:00 am
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Default Re: How much money do we need?

Originally posted by maxpaxx
If anyone is interested my clever husband has made a spreadsheet - it's bloody good all linked up to the exchange rate and I would glady send you the file it's in Excel. We think we have covered most things.

Max

Yes please! My husband and I are on the first rung of the emigration ladder and this information will be very useful.

Please send it to [email protected]

Thanks,

Sara
 
Old Jan 18th 2004 | 6:08 am
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Default Re: How much money do we need?

Originally posted by j hamilton
We are in the process of applying to go to Adelaide through the STNI. Our house sale would leave us with about £50,000 to take with us. We have three children 14,10,8. Hubby is an electrican, I am a secretary. Do we have a sufficient amount of money to start us off and get a decent place to live, I know we will have to rent for a fair bit first. Anyone been in the same situation. Thanks for any advice.

50k hmmm , well <aint got a clue what we will have and i agree this is a good post...but 50k dont go very far when your starting completely afresh. <id kill for 50k but when you think of things you need to buy etc, it will soon get eaten up...
 
Old Jan 18th 2004 | 7:45 am
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Default Re: How much money do we need?

Originally posted by maxpaxx
If anyone is interested my clever husband has made a spreadsheet - it's bloody good all linked up to the exchange rate and I would glady send you the file it's in Excel. We think we have covered most things.

Max

Yes please, this sort of info would be great. Please send to [email protected]

Best Wishes
Sarah
 
Old Jan 18th 2004 | 8:38 am
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Default Re: How much money do we need?

Originally posted by Gravyman
Yes please! My husband and I are on the first rung of the emigration ladder and this information will be very useful.

Please send it to [email protected]

Thanks,

Sara
please send me one too
[email protected]
thanks
 
Old Jan 18th 2004 | 8:48 am
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We are looking at taking something in the region of £20,000 to aus and know it's not enough ( starting fresh ) for new stuff, we will be looking at minimal outgoings in the early stages and try to accumulate savings as quickly as possible.

Although we believe it is not much money, it is certainly enough.
If you believe in something hard enough and are willing to achieve those dreams then nothing can stand in your way.

Paul
 
Old Jan 18th 2004 | 9:36 am
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Default Re: How much money do we need?

Originally posted by j hamilton
please send me one too
[email protected]
thanks
Please send me one aswell too
[email protected]
 
Old Jan 18th 2004 | 10:14 am
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dont need any plasterers in about 6 months time do you??
Plasterers are in demand and are on the STNI list, which I found funny because my trade is,nt on the STNI list!!!!! how strange.lol
 
Old Jan 18th 2004 | 10:28 am
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Default Re: How much money do we need?

Originally posted by maxpaxx
If anyone is interested my clever husband has made a spreadsheet - it's bloody good all linked up to the exchange rate and I would glady send you the file it's in Excel. We think we have covered most things.

Max
Can you e-mail me a spreadsheet please.

[email protected]

Thanks
 


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