British Expats

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-   -   UK or Australia (https://britishexpats.com/forum/australia-54/uk-australia-687626/)

coldbeer Sep 30th 2010 5:03 pm

Re: UK or Australia
 

Originally Posted by Seneca21 (Post 8888493)

There is no getting out if this. It is bad form. The end.

:rofl: Just curious, so who made you the moral arbiter here?

As for...


Originally Posted by Seneca21 (Post 8888493)
It's sad this has to be pointed out but we live in very different times now, I suppose. Bragging about cashflow, bragging about home size, implying large sums of money are insufficient, etc. All every day and defended on here under the guise of being practical.

No one mentioned cashflow or homesize and I see no bragging above, no-one said $125,000 was insufficient, I said it wouldn't buy a luxurious lifestyle because in my opinion it wouldn't, that's not to say it would be impossible to live on that income, of course it would.

$125,000 may be a large sum of money in itself but as an annual income alone it will not buy a luxurious lifestyle living in Sydney, in my opinion. Now I know luxurious is an subjective term but rents of $500 pw have been mentioned, I'm sure that outside of Sydney this could rent somewhere very nice but please show me an example of a rental house less than 45 mins from the CBD which you would deem "luxurious".

All of the above applies to Sydney only - I'm well aware that there are places outside Sydney where the cost of living is much lower.

isgraham Sep 30th 2010 6:01 pm

Re: UK or Australia
 

Originally Posted by coldbeer (Post 8888361)
I've been living and working in Sydney for a good while now and would say that a single income $125k will by no means buy a luxurious lifestyle.

$125K in Sydney is just getting buy these days.

Bermudashorts Sep 30th 2010 8:34 pm

Re: UK or Australia
 

Originally Posted by Seneca21 (Post 8888493)
You are entirely missing the point. I am aware of people who earn more than the average wage, including myself who I am very well acquainted with. The point is that it is pretty bad form to go on a website and imply that twice the average wage is not sufficient.

There is no getting out if this. It is bad form. The end. One can talk about 125k and its potential, which at 7k per month is clearly well above anything required for a decent life, but one shouldn't imply 7k per month take-home is insufficient when most people get by on much less than this.

It's sad this has to be pointed out but we live in very different times now, I suppose. Bragging about cashflow, bragging about home size, implying large sums of money are insufficient, etc. All every day and defended on here under the guise of being practical.

The quote that you found so offensive and started your little rant about was along the lines of "125k is not going to provide a luxurious lifestyle". No bragging. No belittling. No boasting. The person that said it didn't even indicate one way or another what their own salary is.

As has been said, you seem to have a huge chip on your shoulder.

ProudVIC Sep 30th 2010 8:53 pm

Re: UK or Australia
 
When you consider the average annual income is only around $48,000 you wonder how people get by at all. :p

There is a huge gap between living a comfortable lifestyle and living a luxurious one though. $48,000 a year will provide a comfortable lifestyle. Very few people have 'luxurious' lifestyles. For that you pretty much need to be earning a CEO's wage.

bcworld Sep 30th 2010 8:55 pm

Re: UK or Australia
 

Originally Posted by ProudVIC (Post 8888845)
When you consider the average annual income is only around $48,000 you wonder how people get by at all. :p

Eh? Source please.

Wendy Sep 30th 2010 9:01 pm

Re: UK or Australia
 
Weekly wage stats here: http://www.abs.gov.au/ausstats/[email protected]/mf/6302.0/

bcworld Sep 30th 2010 9:02 pm

Re: UK or Australia
 

Originally Posted by Wendy (Post 8888857)

Yup, so average full-time wage is $68k.

Wendy Sep 30th 2010 9:04 pm

Re: UK or Australia
 

Originally Posted by bcworld (Post 8888859)
Yup, so average full-time wage is $68k.

Maybe the $48k per year is for females :sneaky::D

bcworld Sep 30th 2010 9:13 pm

Re: UK or Australia
 

Originally Posted by Wendy (Post 8888863)
Maybe the $48k per year is for females :sneaky::D

Lazy mares!

freebo Sep 30th 2010 11:12 pm

Re: UK or Australia
 

Originally Posted by bcworld (Post 8888886)
Lazy mares!

Either way, it won't buy much in Sydney :)

BadgeIsBack Oct 1st 2010 12:38 am

Re: UK or Australia
 

Originally Posted by Seneca21 (Post 8888387)
Exactly. I think we agree on this - that a decent place can be got with 7k take home every month and leave plenty afterwards. Not too many years ago my wife and I earned a combined income of about $50,000 and we rented an expensive place in the UK and had the best time of our lives.

Watching people close to me who earned twice as much constantly whining about having no money demonstrated to me that large numbers of people are very, very poor at controlling spending. One friend told me once that just he and his girlfriend spent £200 per week in the supermarket. £200 per week for two people! No matter how hard I tried I could not work out what they were spending the money on. And that's 200 pounds from a few years ago so much more after all this inflation.

My point is that if you are one of these people then yes, I concede 125k will not go far.

You're obviously peeved mate.

125k pa is not stellar but is it more than alot of people earn singularly but it is a feasable household income. 200 a week is too much for 2 people. In Melbourne and Sydney you probably do need that sort of income +.

Generally, IMHO, FX rates are generally meaningless if you are earning dollars and can be notoriously unreliable. I really wish people would get this into their skulls.

man777 Oct 1st 2010 1:54 am

Re: UK or Australia
 
Thanks Guys and Gals for such useful comments, I know it is very subjective to say more luxurous or just luxurious but even that could mean anything for different people. What I mean by luxurous to live decently in a decnt house near to really good schools and save something for future. Do you think on 144000 with LAFHA would fetch in the region of 8k and if you sepnd say 650pw on rent and 1k for schooling (visa 457), you are left with 4.5k per month and that in my opinion should be good as you can easily maintain a car say 500 per month on novated lease (no bmw, just a decent, A to B car) and hopefully food and utilities shall not be more than say 1k per month if you are not eating out much and drinking beer everyday.
So in a nutsell monthly expenses for a decent living:
2.5k for rent
1k for schooling for two kids
1.5k for food and utility
0.5k for car
Total = 5.5k
Leaves you with 2.5k and take another 0.5k for miscellaneous, leaving with 2k saving everty month to see world and save something for future.

Is that a good break-up or anyone feels too less or too much on any component.

Cheers and hope this would generate more views, good ones!

Bermudashorts Oct 1st 2010 2:09 am

Re: UK or Australia
 
We were recently looking for rentals in Pymble, Gordon, Turramurra, St ives and also Hills District and Northern Beaches where we ended up. I think are good areas and there was really nothing around for 650pw, this is a very tight budget for rent if you want a house. It might be worth looking at Sutherlandshire, that seemed a bit cheaper according to online searches and of course 650 budget would be ok for a unit.

man777 Oct 1st 2010 2:34 am

Re: UK or Australia
 

Originally Posted by Bermudashorts (Post 8889439)
We were recently looking for rentals in Pymble, Gordon, Turramurra, St ives and also Hills District and Northern Beaches where we ended up. I think are good areas and there was really nothing around for 650pw, this is a very tight budget for rent if you want a house. It might be worth looking at Sutherlandshire, that seemed a bit cheaper according to online searches and of course 650 budget would be ok for a unit.

Hi B,

Thanks for your message. I am quite keen to be either in Kilara or Neutral Bay or Mosman because of good school rating and my office would be in Neutral Bay so commuting would be easier for me. I can go upto 650 for a decent house. Have you tried any of these places?
Cheers

Bermudashorts Oct 1st 2010 2:46 am

Re: UK or Australia
 

Originally Posted by man777 (Post 8889490)
Hi B,

Thanks for your message. I am quite keen to be either in Kilara or Neutral Bay or Mosman because of good school rating and my office would be in Neutral Bay so commuting would be easier for me. I can go upto 650 for a decent house. Have you tried any of these places?
Cheers

I go through Mosman and Neutral Bay every day on my way into the CBD. I would say there is not much chance of getting a house in these areas for 650pw, these are expensive areas you are thinking of. I think you would be looking at units for that budget in this area.


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