your views gladly received
#46
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: your views gladly received
i asked for you views and i am truly grateful for your answers.i know that this kind of thread usually ends up in a big slanging match so i am really grateful that it has been informative to me ,my family and no doubt others.
can i take it one stage further and ask this,,,i am sorry if it has been asked a thousand times but i just can not understand what is going on..why people struggle ..
we can use me as example if you want.
i am a bricklayer so i would expect to earn on average $1500 per week.
would the stoppages from that at worst $500
so that leaves after tax/getting to work $1000.
what does the other $1000 go on.
mortgage payments on say $350
$250 food,wine is cheap as chips.
what else,
as i said earlier ,i am grateful for your replies ,i am not questioning anyones answer.
thanks.
ast
can i take it one stage further and ask this,,,i am sorry if it has been asked a thousand times but i just can not understand what is going on..why people struggle ..
we can use me as example if you want.
i am a bricklayer so i would expect to earn on average $1500 per week.
would the stoppages from that at worst $500
so that leaves after tax/getting to work $1000.
what does the other $1000 go on.
mortgage payments on say $350
$250 food,wine is cheap as chips.
what else,
as i said earlier ,i am grateful for your replies ,i am not questioning anyones answer.
thanks.
ast
Have you tried googling in a aussie mortage calculator, I put in 25 year mortage, 7.5% $350,000 and it came up with $2473 a month. Sounds high, better check that.
Agree food $250
Petrol as a tradie, depends where you work minimum $50+ a week
second car for missus school runs shops etc $40?
Rates and water $40
Running of cars, rego ins etc allow around $40 - 50 a week plus repairs etc
Elec, much debated but with pool most have said around $35 a week
Gas?
Phones?
Insurances for house, contents etc say $20
Medical ins if you do earn more than $100,000 you will be stung by high income (yeah right mr howard) levy so best to take priv health, around $60 a week for us, not the top level.
If not priv allow for specs, scripts, docs visits unless they bulkbill, specialists, you pay for all of this even for the kids.
Schools even state you should allow $1000 per kid per year easily, levies books, contributions, sports, excursions etc
Probably loads more but that will get you started
Edit, forgot a big one, if your a subbie your insurances etc but also you provide your own pension, gov one is means tested, you need to set up your own provision for retirement, superannuation, depends how much pension you want but at 40 you would need to make pretty high payments to get a decent pension.
On $75.000 a year you might get a little bit of tax relief at end of year for the kids, better to claim at end of year, if you claim a wad of cash in weekly payments at the end of the year the govvy wants it back, claim with your tax return and at least it will be yours to keep if you get a couple of grand.
Last edited by jad n rich; Feb 11th 2007 at 8:22 am.
#47
BE Enthusiast
Joined: Feb 2006
Location: Hell,UK but with a smile now we have our visa's !!
Posts: 303
Re: your views gladly received
I think when children come along, we as parents lose the option (or should) to be selfish. A decision like this is one you should make ,with your other half telling her how you feel, but ultimately your decision is for the future of your children and whats best for them, right?
Best of luck
M J
Best of luck
M J
#48
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: your views gladly received
Truth be told it fustrates me. I probably didn't make that clear. There's a sense of guilt too I guess. But then we all try to work clear of some of that as we go up the ladder...
#49
Re: your views gladly received
i agree there is tons of work here but the wages arn't great ,working for yourself is way to go or subby ,thats the only way to do it.
My hubby has just started up he's subbieing and also has put an add in yellow pages previous to this he worked for a company and earned nxt to nothing we are trying to achieve the life we want, but there's alot of red tape to start on your own it can take a while but we have stuck in there ,as much as there has been times i thought bugger im off!!!
I wouldn't discourage anyone from moving here if we didnt we always would have wondered what if.....
My hubby has just started up he's subbieing and also has put an add in yellow pages previous to this he worked for a company and earned nxt to nothing we are trying to achieve the life we want, but there's alot of red tape to start on your own it can take a while but we have stuck in there ,as much as there has been times i thought bugger im off!!!
I wouldn't discourage anyone from moving here if we didnt we always would have wondered what if.....
Agree about the red tape, unfortunately it's a bug bear but hang in there, it'll be worth it in the end
#50
Re: your views gladly received
Suppose it depends on the individual person, we are doing quite well with two modest cars (10yr old Terios and 8 yr old Excel) and no other toys, no boat, no caravan, we just dont need them to feel it's worth it (does that make sense?! )
I really do think people get hung up on having brand news cars and all that, and flash houses. The only reason we decided to build was because at the time we arrived it was cheaper to buy land and build than it was to buy (even taking into account all the finishing off and paying rent for a year). We would still have been happy living in a smaller/older house, these things just arent THAT important.
Maybe we've been lucky as not once has the thought of moving back to the UK ever crossed our minds, we thank our lucky stars nearly every day for the opportunity to live here and compared to our life in the UK we are so much better off in many ways (probably not financially though on DHs wages at the mo!!)
Dont know if any of that makes any sense or is just hormonal, pregnant woman ramblings...
#51
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: your views gladly received
Suppose it depends on the individual person, we are doing quite well with two modest cars (10yr old Terios and 8 yr old Excel) and no other toys, no boat, no caravan, we just dont need them to feel it's worth it (does that make sense?! )
I really do think people get hung up on having brand news cars and all that, and flash houses. The only reason we decided to build was because at the time we arrived it was cheaper to buy land and build than it was to buy (even taking into account all the finishing off and paying rent for a year). We would still have been happy living in a smaller/older house, these things just arent THAT important.
Maybe we've been lucky as not once has the thought of moving back to the UK ever crossed our minds, we thank our lucky stars nearly every day for the opportunity to live here and compared to our life in the UK we are so much better off in many ways (probably not financially though on DHs wages at the mo!!)
Dont know if any of that makes any sense or is just hormonal, pregnant woman ramblings...
I really do think people get hung up on having brand news cars and all that, and flash houses. The only reason we decided to build was because at the time we arrived it was cheaper to buy land and build than it was to buy (even taking into account all the finishing off and paying rent for a year). We would still have been happy living in a smaller/older house, these things just arent THAT important.
Maybe we've been lucky as not once has the thought of moving back to the UK ever crossed our minds, we thank our lucky stars nearly every day for the opportunity to live here and compared to our life in the UK we are so much better off in many ways (probably not financially though on DHs wages at the mo!!)
Dont know if any of that makes any sense or is just hormonal, pregnant woman ramblings...
Having said that I only joked the other day to a neighbour that we like living semi-rural as we get to play with rideons, water pumps and chainsaws and the like. How shallow.
#53
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: your views gladly received
Mate. I was SH*T scared of mine until quite recently. Used to pluck up a fair bit of courage. I'd start it up, look everywhere for stones and rocks and detritus - make a cut. Put it down and look around to see if anyone had seen me. Wipe my brow....
Then tell Chief I'd been busy all arvo.
Then tell Chief I'd been busy all arvo.
#54
Re: your views gladly received
Happy with all you've typed - and agree with it. Like I said, I don't like it when people have to deal with unions that's all, and the attitude of some people in some employment areas or the culture it unfortunately creates. I'm lucky. I don't. I never tried to put above anyone else (your comment on grocers). I'll leave that to alot of 'professionals' out there like my old mate Mike Stanton.
Truth be told it fustrates me. I probably didn't make that clear. There's a sense of guilt too I guess. But then we all try to work clear of some of that as we go up the ladder...
Truth be told it fustrates me. I probably didn't make that clear. There's a sense of guilt too I guess. But then we all try to work clear of some of that as we go up the ladder...