Welcome to the Australian Ford Forums forum.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated.

Go Back   Australian Ford Forums > General Topics > Non Ford Related Community Forums > The Bar

The Bar For non Automotive Related Chat

Reply
 
Thread Tools Display Modes
Old 24-08-2014, 10:00 AM   #1
buggerlugs
If it ain't broke........
Donating Member1
 
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,715
Default Finally, someone telling it as it is....

http://www.news.com.au/finance/real-...-1227034374596
But if you believe Real Estate agents it's a great time to buy...........
Even the parents are chipping in............
http://www.news.com.au/finance/real-...-1227033513993

__________________
Visitors welcome
Relatives by appointment only
buggerlugs is offline   Reply With Quote Multi-Quote with this Post
5 users like this post:
Old 24-08-2014, 11:06 AM   #2
mik
FF.Com.Au Hardcore
 
mik's Avatar
 
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
Default Re: Finally, someone telling it as it is....

I would not like to be a youngster trying to buy a new home these days, even second hand houses seem to be overvalued, its good for the councils though, they can charge more in houserates.
mik is offline   Reply With Quote Multi-Quote with this Post
4 users like this post:
Old 24-08-2014, 11:28 AM   #3
Yellow_Festiva
Where to next??
 
Yellow_Festiva's Avatar
 
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by mik View Post
I would not like to be a youngster trying to buy a new home these days, even second hand houses seem to be overvalued, its good for the councils though, they can charge more in houserates.
It certainly isn't easy and things may stay the same for a long time to come. It just means people need to work that little bit harder, sacrifice perhaps a bit more than they are comfortable with while expecting a little bit less for their money if they want to enter the market.

I don't see an issue with parents helping out their kids. As long as they are financially able to and expect to pass on their assets to them anyway after death it just means they're getting some of their inheritance early.
__________________
___________________________

I've been around the world a couple of times or maybe more.......
Yellow_Festiva is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 24-08-2014, 12:02 PM   #4
mik
FF.Com.Au Hardcore
 
mik's Avatar
 
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
Default Re: Finally, someone telling it as it is....

you mention an interesting point with parents , many the parents of the older generation grew up in tough times and then through more affluent times and had become good savers and amassed wealth,
i wonder if future generations will be able to rely on recent and current parents to have that wealth in the future to help out the youngster,
many many of the younger generation relos, friends and aqaintences seem to have big problems saving money, not only just because it is difficult to make a buck these days but because its difficult to save a buck. .
mik is offline   Reply With Quote Multi-Quote with this Post
4 users like this post:
Old 24-08-2014, 12:12 PM   #5
Yellow_Festiva
Where to next??
 
Yellow_Festiva's Avatar
 
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by mik View Post
you mention an interesting point with parents , many the parents of the older generation grew up in tough times and then through more affluent times and had become good savers and amassed wealth,
i wonder if future generations will be able to rely on recent and current parents to have that wealth in the future to help out the youngster,
many many of the younger generation relos, friends and aqaintences seem to have big problems saving money, not only just because it is difficult to make a buck these days but because its difficult to save a buck. .
I heard on the radio that (Japan????) are doing 40 and 50 year loans that take into account 2 generations of the same family.

Don't know how that works to be honest. Perhaps there is an agreement that debt is inherited or something.
__________________
___________________________

I've been around the world a couple of times or maybe more.......
Yellow_Festiva is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 12:13 PM   #6
Ruination
Regular Member
 
Ruination's Avatar
 
Join Date: May 2012
Location: Perth
Posts: 349
Default Re: Finally, someone telling it as it is....

I worked my guts out in the last 5 years to finally start the build on my first house at 23.

It infuriates me that people like to have a sick brag about buying or building a house all because mummy and daddy handed everything to them on a silver platter.

I don't know if anyone feels the same way, but my Parents taught me the essentials in life to get by on my own.

Self entitled turds.

Last edited by Ruination; 24-08-2014 at 12:35 PM.
Ruination is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 12:24 PM   #7
blueoval
Critical Thinker
 
blueoval's Avatar
 
Join Date: Jan 2005
Location: Adelaide
Posts: 20,374
Valued Contributor: For members whose non technical contributions are worthy of recognition. - Issue reason: Well thought out and constructive posts.  A real credit to this forum. 
Default Re: Finally, someone telling it as it is....

Without making sweeping generalizations here I believe you CAN save if you are willing to make some sacrifices. The problem with some of these families is that they feel they NEED to have the latest phones, ipads, gadgets, cigarettes, booze etc.
__________________
"the greatest trick the devil pulled, is convincing the world he doesn't exist"

2022 Mazda CX5 GTSP Turbo

2018 Hyundai Santa Fe Highlander


1967 XR FALCON 500


Cars previously owned:
2021 Subaru Outback Sport
2018 Subaru XV-S
2012 Subaru Forester X
2007 Subaru Liberty GT
2001 AU2 75th Anniversary Futura
2001 Subaru GX wagon
1991 EB XR8
1977 XC Fairmont
1990 EA S Pak
1984 XE S Pak
1982 ZJ Fairlane
1983 XE Fairmont
1989 EA Falcon
1984 Datsun Bluebird Wagon
1975 Honda Civic
blueoval is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 12:35 PM   #8
buggerlugs
If it ain't broke........
Donating Member1
 
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,715
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by mik View Post
you mention an interesting point with parents , many the parents of the older generation grew up in tough times and then through more affluent times and had become good savers and amassed wealth,
i wonder if future generations will be able to rely on recent and current parents to have that wealth in the future to help out the youngster,
many many of the younger generation relos, friends and aqaintences seem to have big problems saving money, not only just because it is difficult to make a buck these days but because its difficult to save a buck. .
Spot on. Would it be thou that our parents while owning property have seen the biggest growth in their asset's maybe ?
__________________
Visitors welcome
Relatives by appointment only
buggerlugs is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 01:41 PM   #9
Giant Cranium
PURSUIT 250
Donating Member2
 
Giant Cranium's Avatar
 
Join Date: Mar 2009
Location: sydney
Posts: 5,827
Default

I bought my first apartment in abbotsford 2 years ago and are now looking at my second property in drumoyne for cica 1.1 to 1.2 mill. Was all bought from saving for 8 years and doing without whilst my sisters and a lot of mates wasted so much money. But in the Sydney market now I don't blame anyone for needing help from their olds. So hard to save the 150k deposit.
Giant Cranium is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 24-08-2014, 03:59 PM   #10
ford man xf
FF.Com.Au Hardcore
 
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
Default Re: Finally, someone telling it as it is....

Problem is no one wants to work over time, people that I work with are continually complaining about never earning enough and how they will never own a home, yet when they are offered to work a saturday and get some decent money they never wan't too, I worked saturdays for 5 years and was able to buy a home because of it.
And yes I know not everyone is in a job that offers overtime, but it just seems the ones that are don't want to. Overtime is where you make the good money.
__________________
Quote:
It's pretty amusing though, considering the XR8 next year will be reborn with the same spec engine as the FG GT, could you imagine being a HSV owner forking out all that money on a brand new GTS, then pulling up to the lights next to a FH XR8 and then sitting side by side all the way to 100 and beyond
Even more embarrasing would be the lower spec variants of the VF in HSV's stable getting whopped by a factory XR8.
ford man xf is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 24-08-2014, 04:04 PM   #11
ford man xf
FF.Com.Au Hardcore
 
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
Default Re: Finally, someone telling it as it is....

And if I had of listened to all the so called experts and held off buying property 2 years ago, I would now be paying $20,000 to $40,000 more if I bought the same home today, that's how much they have risen in my area, I have seen other suburbs go up by $50,000 in 2 years. A lot of "experts" said to hold off because the property market is going to crash and that big bubble is going to burst. I think prices are starting to top out now though, the markets not going to crash it just might plateau along a bit, and then rise again, historical data shows this trend in Australian property markets.
__________________
Quote:
It's pretty amusing though, considering the XR8 next year will be reborn with the same spec engine as the FG GT, could you imagine being a HSV owner forking out all that money on a brand new GTS, then pulling up to the lights next to a FH XR8 and then sitting side by side all the way to 100 and beyond
Even more embarrasing would be the lower spec variants of the VF in HSV's stable getting whopped by a factory XR8.
ford man xf is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 04:10 PM   #12
ford man xf
FF.Com.Au Hardcore
 
Join Date: Aug 2006
Location: Melbourne
Posts: 1,674
Default Re: Finally, someone telling it as it is....

And I really do feel sorry for first home buyers trying to buy in today's market because I know just how hard it is because you are competing with international buyers and cashed up baby boomers with seemingly endless pockets full of cash, the only chance first home buyers have is buying a run down property or buy right out in the fringe suburbs, they need to have lower expectations it is after all your first home, my house isn't perfect and needs a bit of TLC and that's why you will pay less for it. The unfortunate trend with my friends is they have to have the best of everything now, and this is when they get into massive debt and problems, expectations are just way to high.
__________________
Quote:
It's pretty amusing though, considering the XR8 next year will be reborn with the same spec engine as the FG GT, could you imagine being a HSV owner forking out all that money on a brand new GTS, then pulling up to the lights next to a FH XR8 and then sitting side by side all the way to 100 and beyond
Even more embarrasing would be the lower spec variants of the VF in HSV's stable getting whopped by a factory XR8.
ford man xf is offline   Reply With Quote Multi-Quote with this Post
3 users like this post:
Old 24-08-2014, 04:28 PM   #13
nstg8a
3..2..1..
 
nstg8a's Avatar
 
Join Date: Nov 2009
Location: Bellbird park
Posts: 7,218
Default Re: Finally, someone telling it as it is....

As a first home buyer we felt building was our only realistic option, to take advantage of the 15k first owners grant it has to be build, or buy a newly built unoccupied home.
We're so far on budget to have house and land paid for, for about $420000.
Anything similar was another 30-40k.

Last thing we want is to borrow too much and end up with huge repayments. We just scraped through avoiding the lmi, which will save us a significant amount over the course of the loan.
__________________
Quote:
Originally Posted by pottery beige View Post
Happy mcgadget meal orphan mcboofhead
nstg8a is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 24-08-2014, 04:29 PM   #14
zilo
BANNED
 
zilo's Avatar
 
Join Date: Jul 2012
Posts: 2,886
Default Re: Finally, someone telling it as it is....

I love this current property market...

we have picked up some serious good bargains in the last 8 months

thank goodness all the market distorting 1st home buyers crap is gone.
zilo is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 04:32 PM   #15
Brendo_GSUte
FF.Com.Au Hardcore
 
Join Date: Mar 2008
Location: Perth WA
Posts: 825
Default Re: Finally, someone telling it as it is....

Its harder every generation to get your own house.

It would of been twice as easy (or more) for someone who is 40 now to get their first home than it is for someone who is 25 now.

Always seems to be that the rich get richer and usually its wealth off milking the system in the form of tax breaks on properties etc.

I reckon no more than 5 properties per person in Aus and no one should earn over 1 million per year.

And politicians no more than 100k a year, that will get the sponges off the chairs there to earn good money for not much input and hopefully get someone in that is passionate about speaking for the people. But that would never get past the senate...

rant over
__________________
********** SWAP *******************

Im looking to swap my chrome roll bars and soft tonneau with the cut outs on my GS ute for just the normal FG FPV soft tonneau cover. Basically i want to do away with the chome bars

Im from Perth so it would be easier if someone from Perth is willing as well. I will drive to you as well.
Brendo_GSUte is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 24-08-2014, 04:55 PM   #16
onfire
FF.Com.Au Hardcore
 
onfire's Avatar
 
Join Date: Feb 2006
Posts: 1,078
Default Re: Finally, someone telling it as it is....

Here's a reality check: live within their means. It's that simple.

If it looks like it's going to be tough borrowing x amount of money to buy that house in that suburb when your salary is y amount of dollars and the repayments are z amount of dollars; it probably will be.

And it's only going to make it tougher putting on another 45k because the Mrs. wants a new Santa Fe.
__________________
FOR SALE: 2 0 0 3 F A L C O N X R 8
http://www.fordforums.com.au/showthr...31#post5041431


onfire is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 05:00 PM   #17
Trevor 57
FF.Com.Au Hardcore
 
Trevor 57's Avatar
 
Join Date: Mar 2005
Posts: 7,752
Default Re: Finally, someone telling it as it is....

Real estate agents, the new used car salespeople
__________________
I reserve the right to arm bears
Trevor 57 is offline   Reply With Quote Multi-Quote with this Post
4 users like this post:
Old 24-08-2014, 05:05 PM   #18
Giant Cranium
PURSUIT 250
Donating Member2
 
Giant Cranium's Avatar
 
Join Date: Mar 2009
Location: sydney
Posts: 5,827
Default

Quote:
Originally Posted by Brendo_GSUte View Post
Its harder every generation to get your own house.

It would of been twice as easy (or more) for someone who is 40 now to get their first home than it is for someone who is 25 now.

Always seems to be that the rich get richer and usually its wealth off milking the system in the form of tax breaks on properties etc.

I reckon no more than 5 properties per person in Aus and no one should earn over 1 million per year.

And politicians no more than 100k a year, that will get the sponges off the chairs there to earn good money for not much input and hopefully get someone in that is passionate about speaking for the people. But that would never get past the senate...

rant over

If I work hard to buy property I don't want to be limited to 5. I'm buying my second now and in two years I plan to by a third. And is your 5 per person idea capped on total value? For the price of my 2 I could buy 5 out west and 7 or more apartments out west. Silly idea. Also if someone can earn over 1 million a year much like multiple bosses at my wife's work good on them. Not their fault they are above average for intelligence and have more drive than the dole bludgers.
Giant Cranium is offline   Reply With Quote Multi-Quote with this Post
3 users like this post:
Old 24-08-2014, 06:28 PM   #19
Road_Warrior
Pity the fool
 
Road_Warrior's Avatar
 
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by onfire View Post
Here's a reality check: live within their means. It's that simple.

If it looks like it's going to be tough borrowing x amount of money to buy that house in that suburb when your salary is y amount of dollars and the repayments are z amount of dollars; it probably will be.

And it's only going to make it tougher putting on another 45k because the Mrs. wants a new Santa Fe.
I'll put my hand up and say that I got some financial assistance from the family but I knew full well what I had to do to get my foot in the door in the first place - get rid of expensive credit cards, gym memberships, personal loans, consolidate the vehicle fleet and get rid of 'toy' vehicles, brown-bag it to work every day instead of buying lunch, save save save and of course get used to the idea of buying a house in a location that was not as 'desirable' as I would like and a house that wasnt a friggin 4x2 with a spa ensuite and ducted aircon.

There are opportunities aplenty for first homebuyers still, but some of them don't want to buy a fixer-upper in boganville, they want the bells and whistles straight up.
__________________
Fords I own or have owned:

1970 XW Falcon GT replica | 1970 XW Falcon | 1971 XY Fairmont | 1973 ZG Fairlane | 1986 XF Falcon panel van | 1987 XFII Falcon S-Pack | 1988 XF Falcon GLS ute | 1993 EBII Fairmont V8 | 1996 XG Falcon ute | 2000 AU Falcon wagon | 2004 BA Falcon XT | 2012 SZ Territory Titanium AWD

Proud to buy Australian and support Ford Australia through thick and thin
Road_Warrior is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 24-08-2014, 06:35 PM   #20
MITCHAY
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Canberra
Posts: 13,434
Default Re: Finally, someone telling it as it is....

One of the best things I ever did was to set up an automatic schedule to transfer money from my transaction account to my savings account on pay day.

With exception to big bills I couldn't otherwise pay, I do not touch that money. I put at least $1k in that account a fortnight.

I used to save up and then transfer it but I wasted a fair bit of it in between. You just say I have X amount in that account and that's all I'm going to spend.
MITCHAY is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 24-08-2014, 06:58 PM   #21
BHDOGS
Banned
 
Join Date: Dec 2007
Posts: 3,290
Default Re: Finally, someone telling it as it is....

Getting rid of negative gearing the biggest con of all would be a good start instead of charging old people 7 dollars to visit a doctor.
BHDOGS is offline   Reply With Quote Multi-Quote with this Post
4 users like this post:
Old 24-08-2014, 08:02 PM   #22
Nova 8
...
 
Nova 8's Avatar
 
Join Date: Apr 2012
Posts: 464
Default Re: Finally, someone telling it as it is....

Having issues saving for your first house, spend less and work more. I'm currently working 94hr weeks, I'm really hoping to cash in when holden closes down. May as well make the best of a bad situation.
__________________
It's better to die on your feet than to live on your knees.
Nova 8 is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 08:17 PM   #23
nstg8a
3..2..1..
 
nstg8a's Avatar
 
Join Date: Nov 2009
Location: Bellbird park
Posts: 7,218
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by Nova 8 View Post
Having issues saving for your first house, spend less and work more. I'm currently working 94hr weeks, I'm really hoping to cash in when holden closes down. May as well make the best of a bad situation.
Vast majority of workplaces would have a coronary if they knew one of their workers was working that many hours.
Current health and safety laws and chain of responsibility makes it pretty hard for most to actually get away with that for very long at all.
__________________
Quote:
Originally Posted by pottery beige View Post
Happy mcgadget meal orphan mcboofhead
nstg8a is offline   Reply With Quote Multi-Quote with this Post
2 users like this post:
Old 24-08-2014, 08:37 PM   #24
Nova 8
...
 
Nova 8's Avatar
 
Join Date: Apr 2012
Posts: 464
Default Re: Finally, someone telling it as it is....

It won't be long lasting which is why I am jumping at it while it is there, "standard" week is generally 10hrs mon-fri and 8 on sat and 8 every second sun.

Most the workplace BS can go to hell.
__________________
It's better to die on your feet than to live on your knees.
Nova 8 is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 08:47 PM   #25
ronnas07
Regular Member
 
ronnas07's Avatar
 
Join Date: May 2010
Posts: 325
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by Nova 8 View Post
Having issues saving for your first house, spend less and work more. I'm currently working 94hr weeks, I'm really hoping to cash in when holden closes down. May as well make the best of a bad situation.
Exactly... and by working more youll find you spend less anyway. 94hrs a week your a machine... I thought my 60hr weeks were enough lol
ronnas07 is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 09:03 PM   #26
Pinkbits
FF.Com.Au Hardcore
 
Pinkbits's Avatar
 
Join Date: May 2005
Location: In my shed
Posts: 5,066
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by Brendo_GSUte View Post
Its harder every generation to get your own house.

It would of been twice as easy (or more) for someone who is 40 now to get their first home than it is for someone who is 25 now.

Always seems to be that the rich get richer and usually its wealth off milking the system in the form of tax breaks on properties etc.

I reckon no more than 5 properties per person in Aus and no one should earn over 1 million per year.

And politicians no more than 100k a year, that will get the sponges off the chairs there to earn good money for not much input and hopefully get someone in that is passionate about speaking for the people. But that would never get past the senate...

rant over
Are you for real?
When we bought our first home in 1990, we had to have 20% deposit, there was no such thing as the first home owners grant, interest rates were up around 14% in the early 90's & there was no baby bonus or child care rebate.
A 12sq home was what we could afford at the time, cheap curtains & second hand furniture.

Because we worked hard (no holidays for me for 15yrs apart from the main days at Christmas & Easter) we should be limited to only owning 5 houses?
Lucky for us we're not quite there yet!
Should I be limited to how many cars I can own too?, I might have to sell a few to keep the masses happy.
Pinkbits is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 09:31 PM   #27
nstg8a
3..2..1..
 
nstg8a's Avatar
 
Join Date: Nov 2009
Location: Bellbird park
Posts: 7,218
Default Re: Finally, someone telling it as it is....

Quote:
Originally Posted by ronnas07 View Post
Exactly... and by working more youll find you spend less anyway. 94hrs a week your a machine... I thought my 60hr weeks were enough lol
I did 80 hrs a week for five months (two full time jobs) and it wrecked me lol.

Money was good, and I'd do it again, he'll I probably will if the bulls keep rolling in like they are at the moment. But short term only.
__________________
Quote:
Originally Posted by pottery beige View Post
Happy mcgadget meal orphan mcboofhead
nstg8a is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 09:47 PM   #28
tut0r
Donating Member
Donating Member2
 
tut0r's Avatar
 
Join Date: Dec 2010
Location: Melbourne, Victoria
Posts: 4,771
Default Re: Finally, someone telling it as it is....

Its always going to be hard to buy a house, some kids have it drilled into them from the first day they start work, other parents like to let a child do what they want with their money. Both sides will have issues saving at some point, at the end of the day all our lives aren't just work work work, go home, back to work.

There are plenty of people these forums that have financial issues, whether it be from, disabilities, sickness, job loss, overspending etc etc....and some may own a house and some might not.There will be those that will be in the position to buy a house one day and those who aren't, everyone is different.

I'm in no position to buy a house anytime soon(i'm 26). No fault of anyone's, just my choice in my life is different from others, I decided to start my own business which proves to have its own challenges and costs, which also brings work that is up and down. Unfortunately costs of living don't stop and moving out of home early probably didn't help in the saving department, but I learnt some great life skills as opposed to my friends who still live with their parents.

Each to their own.
__________________
Ride
2007 Ripcurl BF Xr6 Ute


Mods to Date
Ceramic Coated Pacemaker 4495s
2.5" Dual Venom exhaust,
Bluepower CAI
Eaton True Trac with 3.9s
20% Underdrive
EcoLpi Motor


RWKW: 200.0
Nm: 394

Mods to Follow
Supercharger
T56 Conversion TR6060
tut0r is offline   Reply With Quote Multi-Quote with this Post
This user likes this post:
Old 24-08-2014, 09:51 PM   #29
danzvtil
FF.Com.Au Hardcore
 
danzvtil's Avatar
 
Join Date: Jun 2013
Location: Adelaide
Posts: 1,614
Default Re: Finally, someone telling it as it is....

Im lucky to be in a house I bought 13 years ago with my then wife, we saved hard to pay extra off then buy 2 more as investments. The investments are now gone and being single with a 9yo daughter highlights how important the weekly wage is. I also work a second job doing maintenance/gardening for a childcare centre which is very handy when it comes to paying the bills (and the extra to ATO!). The answer here is for many of us that we will have multiple jobs in order to keep the wolves from the door, that is the same for young aussies trying to save for that house, spend less than you earn.
I like to think that in my mid 30's I can now afford my indulgences, mainly the 2 personal cars sitting in my driveway, and bought lunches most days, other than that I live simply.
__________________
____________________

2019 LDV G10
2009 Mitsubishi Express-GONE
2011 Honda Jazz
____________________
danzvtil is offline   Reply With Quote Multi-Quote with this Post
Old 24-08-2014, 10:16 PM   #30
BHDOGS
Banned
 
Join Date: Dec 2007
Posts: 3,290
Default Re: Finally, someone telling it as it is....

It's such a simple thing isn't it work more and u can buy one don't have kids and u can afford one never see ur family except at night and ur golden there a lot of people who make it sound easier then it really is to put things into perspective the home I grew up in was worth 50 grand it's now worth 450.000 that's only in 29 years or one mortgage my missus parents are always telling me to buy a house diffence is he earnt what I do now and paid 55000 for his house it's now worth 400.000 if I could buy a house for 50gs I would the fact is wages are dropping houses are going through the roof and there's thousands of less jobs around to work at full time anymore the fact the gov wants to make u wait 6 months for centerlink shows how out of touch they are with reality
BHDOGS is offline   Reply With Quote Multi-Quote with this Post
4 users like this post:
Reply


Forum Jump


All times are GMT +11. The time now is 02:20 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Other than what is legally copyrighted by the respective owners, this site is copyright www.fordforums.com.au
Positive SSL