How to reduce living costs?
#1
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Joined: Nov 2010
Location: Sydney
Posts: 136
How to reduce living costs?
We are struggling to survive on my meagre income in Sydney. Rent alone is taking away bulk of my pay. I was wondering if I could reduce my living expenses by moving to some other city/region/state? I work for a omnipresent retail chain and it might be possible to carry my job with me on the same scanty pay. We are a family of 3 with a child. I will appreciate any practical suggestion you may have.
#2
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Joined: Jul 2006
Posts: 14,188
Re: How to reduce living costs?
We are struggling to survive on my meagre income in Sydney. Rent alone is taking away bulk of my pay. I was wondering if I could reduce my living expenses by moving to some other city/region/state? I work for a omnipresent retail chain and it might be possible to carry my job with me on the same scanty pay. We are a family of 3 with a child. I will appreciate any practical suggestion you may have.
#3
Re: How to reduce living costs?
It is a bit of a no brainer that there are places cheaper than Sydney. The salary you currently have might have a Sydney weighting but I shouldn't think it covers the extra accommodation costs that you incur here. If Sydney is not financially viable then moving seems like a sensible option.
#4
Re: How to reduce living costs?
One of the reasons I left Sydney many moons ago, it was lovely living there but I thought this is not for the long haul. I thought once I marry we may have to move to those "suburbs" and not for me. So up stakes with a couple of friends and move to Melbourne, best thing I ever did.
#5
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Joined: Mar 2011
Location: Was Preston, Now Sydney :)
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Re: How to reduce living costs?
Be careful looking to move out of Sydney if you are still within your lease or you may be liable for rent for the rest of the rental period. I think from memory you are new to Sydney.
Reducing costs - We've noticed a massive difference in prices in the same chain shops in different parts of sydney, so we stick to going to one we know is cheaper rather than just going to one on the way home from work/friends etc. We buy our meat/fruit/veg/fish from individual shops rather than the supermarket - generally slightly cheaper and loads better quality.
Reducing costs - We've noticed a massive difference in prices in the same chain shops in different parts of sydney, so we stick to going to one we know is cheaper rather than just going to one on the way home from work/friends etc. We buy our meat/fruit/veg/fish from individual shops rather than the supermarket - generally slightly cheaper and loads better quality.
Last edited by Bikergirl; Dec 4th 2011 at 12:31 am.
#6
Re: How to reduce living costs?
If you do move city then secure a job first in the new city before moving. Budget for moving costs too.
#7
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Joined: Mar 2004
Location: Sydney
Posts: 1,628
Re: How to reduce living costs?
Shop around for fruit/veggies & meat. I buy steak in bulk at around $10 a kilo for sirlion which would be double that in coles/woolies. Additionally we buy fruit & veggies in season and bulk. By buying potatoes in 10kg bags I pay less that 90c a kilo and a kilo bag of peppers costs me $2 rather than $5 to $7 loose in Woolies. This is all in inner Sydney which I've noticed in more expensive than outer Sydney (local greengrocers not Woolies).
With rent costs is there a cheaper area a bit further out? Living on the train line so just buying a train travel card rather than a my zone can also save $20 a week.
With rent costs is there a cheaper area a bit further out? Living on the train line so just buying a train travel card rather than a my zone can also save $20 a week.
#8
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Joined: Dec 2010
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Re: How to reduce living costs?
We are struggling to survive on my meagre income in Sydney. Rent alone is taking away bulk of my pay. I was wondering if I could reduce my living expenses by moving to some other city/region/state? I work for a omnipresent retail chain and it might be possible to carry my job with me on the same scanty pay. We are a family of 3 with a child. I will appreciate any practical suggestion you may have.
#9
Account Closed
Joined: Jun 2010
Posts: 68
Re: How to reduce living costs?
As dumb as it sounds: Try to cut your transportation costs...
Means: Think twice about your car(s), etc....
This often helps...
Means: Think twice about your car(s), etc....
This often helps...
#10
Re: How to reduce living costs?
After four years, we have decided Sydney is just a rat race. Australia has so much more to offer than Sydney. Time for a lifestyle choice my friend.
#11
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Joined: Mar 2010
Posts: 171
Re: How to reduce living costs?
We are struggling to survive on my meagre income in Sydney. Rent alone is taking away bulk of my pay. I was wondering if I could reduce my living expenses by moving to some other city/region/state? I work for a omnipresent retail chain and it might be possible to carry my job with me on the same scanty pay. We are a family of 3 with a child. I will appreciate any practical suggestion you may have.
Any possibility you could also increase your income? If you came on a skilled visa I'm guessing it wasn't for retail?
#12
Re: How to reduce living costs?
You'll certainly reduce your costs by leaving Sydney - and very possibly have a nicer life too, I saw a statistic that a great number of immigrants who go to Sydney move on fairly quickly.
Any possibility you could also increase your income? If you came on a skilled visa I'm guessing it wasn't for retail?
Any possibility you could also increase your income? If you came on a skilled visa I'm guessing it wasn't for retail?
to cut costs, its the obvious things that you've already thought of I'm afraid. there is no black art to it.
- move to a suburb further out
- send the wife to work
- buy in bulk from places like costco
- order things online from US/Euro while its cheaper
- say no to treats every now and then
- change jobs. most substantial payrises I have had come from changing jobs not waiting to be promoted.
- sell kidney
- ebay everythign that is not nailed down
#13
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Re: How to reduce living costs?
#14
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Joined: Mar 2010
Posts: 171
Re: How to reduce living costs?
Certainly we arrived in Sydney and left within a year (even with a joint income of the mid 200's). We're much happier out of Sydney, apart from the stunning harbour I didn't really enjoy living there, for some of the reasons you listed, and some others.
#15
Re: How to reduce living costs?
Don't know if it applies to you, but the biggest expense of living in Oz in the burbs is two plus cars. Definitely try to get by on one if you're a two-car family. Some inconvenience, but for a lot of young-ish families I know it's the difference between living beyond your means or just within.