How much money do you spend on expenses in total (Yearly?) What amount is left for savings?
How many people does this cover? I.e 1 person or family of 4 etc..
What Is Your Cost of Living?
GameChanger on 10/10/2015 - 12:31
Last edited 12/10/2015 - 13:43
Last edited 12/10/2015 - 13:43
Comments
Wow. $9.50 a day on good including eating out.
Food*
I'd scrap the charity and eat a bit more.
del
I find it hard to believe you only spend $1000 a year on groceries.
Male, 23, shared house in Sydney (I get my own room).
Expenses, all monthly:
Rent, including all bills: $735
Groceries: $115
Eating out: $115
Mobile: $15 (vaya)
Travel: $76 (opal hack)
Health insurance: $95
Unallocated: $50 (bargains?)
No car, student loan paid off
All up: $1,201I typically save 80% of my net salary :)
Thats the spirit!
80k per year for 2 people. No family no mortgage. Save about 3-5k annually.
What do you spend the majority of your $80k on?
Awesome. Rent/Mortgage is a real killer.
Nice visual. Which app is this?
Typically how much % of net income does everyone save? (save = untouchable savings)
We try and save 43% at least a week. We're saving for a house & land and are debt free so it makes things easier.
I think a reasonable amount though is 20% so you have some fun money.
50%
Just an early 20's male studying and lucky to live at home. Happy to have spent $8000 last year. $2500 on food, $3000 car ownership and about $2500 discretionary eating out/movies/shopping etc.
Family of 4
Expenses, all monthly:
Mortgage $4720
Groceries: $700
Eating out: $100
Mobile: $180
Gas/electric $300
Health insurance: $170
Car loan $1040
School fees $350
fuel $200
Internet $110
Personal loan $420
car insurance $130
Car servicing $100total $8520 month 102K a year
save about $5K to $10K a year
damn that mortgage is a killer.
and the car loan.
a $2k 1998 toyota starlet would fix that little problem ;)
Family of 4 spent $100 per month eating out :o
Wow you're good
Family of 2 Adults and 1 baby.
All per week:
Food - $100
Bills - $300 (insurances, internet, phone, power, counsel, water, rego…)
Daycare - $180 (2 days)
Mortgage - $380
Personal loan - $80
Total ~$1100
One credit card, used daily only for the points and paid off each month
Not much is left after this but aiming to save $10k per year.Single female in Sydney (per week), 25-30 age
Rent - $320
Internet - $10
Electricity - $5
Health insurance - $25
Mobile phone - $20
Transport - $30
Weekday lunch - $60
Groceries - $60
Netflix - $3
Spotify - $3
Entertainment/dining/drinks/gifts etc - $200 but varies between $70 to $300
Haircuts, beauty appointments - $30Total $40k in regular expenses a year, excluding holidays and shopping purchases <— which has significantly gone up after discovering ozbargain :(
After that, I save around $5k but hoping to to cut down the spending this year (especially reading the other posts!) and save a bit more.I like that you pay 3 bucks for netflix and spotify… that means you have friends who like sharing… Where do I get some like that?
:(
It's per week; she isn't sharing.
Aw of course. feels better
@hashtagbargain:
I'm sure you can find a mate to share with if you ask around :)
The regular account with HD comes with 2 streams, so actually I do share my account out to a friend, but just don't collect on the cost.@doridori222: Why doesn't someone start something here on OzB to share subscriptions? Or is this already a thing?
Couple with no kids in Sydney (per week). All number is for both person inclusive.
Rent - $140
Internet - $7
Electricity - $14
Health insurance - $0 (paid upfront four years ago)
Mobile phone - $70
Transport - $20 Opal hack
Groceries - $20
Entertainment/eating out/unallocated/unplanned shopping: $30-$50
No car No Loan No credit card No holidays no travel.
Sydney is wide enough to travel around.
=============Total $321 weekly or $16692 yearly for two people (both, not each spending).
Where do you rent in Sydney for $140 a week?! We pay $600 a week rent for a 2 bed apartment (need 2 bedrooms because of a child), in the inner city. Is it a share house in the outer suburbs or something?
And how many years of health insurance did you prepay?! Strictly speaking that prepayment created an asset (a credit with the health insurance company), so really you should average out your prepayment over the period you paid for (i.e. you still pay for it, it is not free).
And $728 a year in electricity?! Our last quarterly bill was around $700!
And groceries for $20? That's $10 per person a week, 21 meals a week, that's 47.6 cents per meal. Now I get that breakfast of weetbix and milk costs that or less, but how do you eat lunch and dinner (i.e. protein meals) for less than 48 cents?!
Basically, I'm a bit dubious about your figures. They seem way too low for 2 adults living in Sydney. Are you maybe living at home and your parents are subsidizing you? And you living in a dumpster? Does your work provide your meals? I don't see it adds up, sorry - I really don't see how an adult can live for $8350/year in Sydney, and have a roof over their heads, transport, Internet, power, mobile phones, groceries, and entertainment - so what's the story?
The only figure that seems too high is mobile phone - we spend about $100/year each on depreciation of mobile phone hardware, and $20/month each on telechoice mobile service, so that's 2 x (20x12 + 100) = $680/year, or $13/week for both adults, so I think you could cut that back a bit.
Not sure what the electricity bills look like in Sydney but I'm in Melbourne and my quarterly rounds up to around 180-200 for two people.
But this is because my partner and I both work and arent in home all day to use anyThe health insurance isn't free, it's just $0 haha. The cash came out years ago. Presumably in one month 5 years ago it would have said 'Health insurance - $10,000' or something haha.
I agree on everything else though, 50c a meal is ridiculous.$2/2L milk and 85c bread goes for a week's breakfast, which means $18/week for 2 people for lunch only is a lot. I sort out dinner from restaurant I work.
My energy bill is around $300-$350 per quarterly.You can't really compare if we spend $14k for two people, then it's $7k for single. In many cases, if I live single, the cost would be $9-10k. There are lots of factor you shared with, such as food, electricity, household equipment.
How is your rent so cheap? Do you live with family members???
I'm very intrigue with your grocery bill. $20 per week for 2 people?
that's roughly $1.5 a day per person to cover breakfast lunch and dinner?
What do you guys eatWeetbix breakfast, lunch and dinner :D
Groceries - $20
That's BS, $20 is not enough for one adult in other parts of Australia, let alone two in Sydney. Unless $0.85 bread and $2/2L milk everyday.
Yeah I'm shocked reading food numbers by all the commentators. I'm pretty frugal in terms of entertainment or new clothes but spend alot on food. I guess different strokes for different folks.
I think most people underestimate how much they spend on food a week
Are you students living in an over-crowded share house?
Working for a take-away shop at night and take home some left-overs?
Then that's quite possible.Rent: I live in Canterbury area 20min by train to City. Shared flat with other tenants. No fancy household, moderate size room for me and my wife. Total rent is $300 for 2 bedroom, so the other tenant paid $160.
Electricity: roughly $1-1.5 max per day per person for the last 2 years until now.
Health insurance cost is increasing, so I paid in full for couple for the next 5 years. 1 year more to go and plan to save.
Grocery bills:
breakfast: always buy $2/2L and 85c bread , two-three slices with nutella bought in BigW with 5% Wish Gift Card. This discounted gift card is also used for Opal purchase.
Lunch: homemade cooking bought from local asian grocery store, never buy grocery in supermarket unless it's on special and below local asian stores.
Dinner: I work in a restaurant with negotiated terms of (nearly) unlimited meals you want PLUS one full takeaway container from any menu, including the signature. I eat some and carry takeaway for my wife.Mobile phone: I was wrong, it's not $70/week but $70/month or $17.5/week. So, a revised version of weekly total cost is $268.5 or annually $14k.
I feel ashamed I can't give more to my wife but proud that she is willingly to live frugal side by side.
Thank you for explaining, and no reason to be ashamed! You're living very frugally, and if you can share a flat and pay that rent in Sydney, then you're doing awesomely! And it also keeps your utility bills vastly lower (e.g. total cost of heating and lighting and cooking costs and Internet split between 4 people is not much more than those bills would be for one person). And if your work provides your dinners, then yes, I get that it's possible to really reduce grocery bills. So yes, I can believe it's do-able - hard, but do-able. Bravo for doing it!
Your next project could be to have a holiday by doing one of those things were you house-sit and look after their pets and water the plants, in exchange for being able to stay at their place whilst they are away. If I were you, I'd look for somewhere in Sydney near a beach, with only one or two pets, over the summer (December/Jan/Feb), when people tend to go on leave, and you can enjoy the beach the most. That way you and your wife can enjoy a summer holiday without breaking the bank. E.g. use Opal to travel there - cost of living would not be much more than your current cost, except you'd have to pay for dinners - but it could be a pleasant getaway.
that's awesome! Never thought it that way. definitely will try real soon this summer. Appreciate the idea.
The $2.50 Sunday Opal goes all the way to Newcastle or west to the Blue Mountains. Housesit somewhere on the central coast or up in the hills for a get away.
So the restaurant job is the only job you have and your wife is not working?
$12K bills, recurring payments and tax;
$32K mortgage of 1.5 properties;
no idea of grocery, entertainment, shopping and travel, should be under $10K;Its great having a mortgage of $214 a week, dont have to stress over money.
$36 a week in power.
$31 rates.
$60 car regos :o
$17.5 Internet/phone
$25 water rates
$40 petrol
$60-80 shopping
$16 gas$306 so $1224 a month.
My savings is er, very, very good ;)
5 car regos is a waste of money Id say…
Why not pay of the mortgage instead of "saving"? seems redundant.
Want to buy another house, but if I find I cant then yes I want to pay the mortgage off, only owe $45000 so not really worried.
$60 car regos :o
what? how many/what cars?
Family of 3 (Perth)
Weekly expenses
-$150 Groceries
-$150 Private school
-$100 Holiday/Travel
-$50 Clothing (excluding wife)
-$50 Entertainment
-$50 Gifts
-$50 Charity
-$40 Utilities (Solar hot water, 10kW Solar for house. Supply charges cost more than amounts used)
-$40 Council rates
-$40 Household items, as required
-$20 Petrol (Hybrid car)
-$10 Car service
-$10 Mobile (wife's)
-$4 NetflixOwn house/s & car outright. No CC debt. Don't smoke or drink.
Work pays for mobile, Internet, laptop, tablet and health insurance.
Income : $350 per week
Shared House
$215 Rent
$35 Groceries
$50 Travel
$25 Eating Out A day or two
$50 Food
$12.5 Mobile
$2.5 Internet
$2.5 Household Exp
Total: 372.5
Shortfall covered by previous savingsYou looking for a new job? Unless you have big savings?
I am in uni full time only working part time. Graduating soon and will get a full time job :)
How is it that you spend just 2.5 bucks for internet? that means 10 a month… you need a min 6 ppl in your house then!
Yer. We have 8. Everyone has their own room. It's a huge house. It's unlimited internet and we never face any issues with speed.
How on earth do you live in an 8 person share house and still pay $215 per week in rent?!
Single in my late 30s, I've significantly racheted down my expenditure since reading this:
http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim…
Moved into a share house (which is way nicer than my previous apartment housing only me, and the company is good too) which is 500 metres away from work (5min commute), sold my car (which I rarely used, but mainly bike, walk or PT), stopped spending hours researching and buying things I don't need, stopped buying lunches except on special occasions. No mortgage but I plough most of my salary into investments (low cost index funds). Probably around 70% of net income gets invested.
Per week, approx:
$220.00 Rent
$4.00 Electricity
$4.00 Gas
$4.00 Water
$35.00 Groceries
$0.00 Home phone
$7.00 Mobile Phone
$3.50 Internet
$15.00 Health Insurance
$100.00 Play money
$2.00 Netflix
$5.00 LunchHaving less stuff has made me happier. Cut out many distractions and allowed me to focus on other sources of happiness (experiences, learning, friends, cycling). Play money allocation gets spent mainly on eating out, alcohol and airfares - but rarely 'stuff'.
Its all a bit of a learning process though. There's some things that are a total waste of money, but some things are worth spending a little on.
What do you eat to spend $35 on groceries. I spend around $100 a week and am looking to cut back.
Even tho I'm spending a pretty low amount on groceries, my advice is to not skimp on the food you love. If you aren't enjoying your food life is not worth living. But try and make sure that the food you love is relatively unprocessed/cheap food!
I tend to buy in bulk when there are specials. I've also been vego for the past 2 years and leaning towards vegan (I won't bore you with details but its for health/enviro/sport nutrition and animal welfare reasons.) First few times I tried being vego I really missed meat. Now I don't.
My meals are pretty varied. I take photos of a lot of my meals, maybe I'll upload them to a blog one day to share - then again there's countless excellent recipe blogs out there. But all meals I have typically consist of:
- Vegies - Leafy Greens, the darker the better
- Carbs - Potato, Sweet Potato, Corn - Bread, Pasta, Rice
- Protein - Beans, Lentils, Chickpeas, Tofu, Tempeh and exotic fake meats for fun (Soy Nuggets)I eat Burgers, Pastas, Stir Frys, Curries, Soups, lots of interesting salads- I make up a lot as I go along.
Buying in bulk means expenditure from week to week is lumpy. So the $35 figure is a bit of an estimate.
But some examples of bulk buying/bulk cooking/buying on special
VitaSoy Milk was on special @ $2 a litre instead of $2.80 so I took advantage of a Woolworths free delivery promotion and got about 40 cartons! I'm going to drink it anyway, why not buy my year's supply in one go? That's saving about $35 I would have otherwise spent anyway. If you keep the cycle of bulk buying going you end up fulfilling all your needs, eventually.
Potatoes - $5 for 5 kilo bag, or $5 a kilo when bought loose…
Other vegies - buy what's on special and act as if the Supermarket is personally issuing you with challenge to see if you can make something delicious. Or even better, if you have some nearby, go to a local asian fruit and veg and buy your produce there. Often a 3rd of the price of the supermarket duopoly, particularly for asian greens.
Highly processed pre-made food. Don't buy it. Its full of preservatives, the markup is multiples of 100%, its not fresh, its full of salt the only thing going for it is convenience.
Breakfast cereal? I don't think so. Just buy rolled oats. $6 a box v $1 a kilo, or something like that.
When you make food make food you can freeze and that is just as good the next day or week. When I make dahl I make about 6 litres of the stuff, its delicious, its cheap, it's good for you and when you reheat it you can cut it with fresh potato or kale to make a curry. I made a massive 8 litre pot of dahl once and I think I calculated the average meal price as being about 30c. There was a supermarket pre-factory made dahl that was about $7 for one serve.
don't waste food. Allocate a small percentage of your mental energy that you might otherwise spend on planning your next Cities Skyline City/GTAV level/ FIFA2016 game etc etc on how you will combine the food you already have to make a meal. One thing I like to do is pick a few of the ingredients i have, enter them into google and usually I get a recipe based on what I have - I don't necessarily follow it but its a good prompt. Gamify your cooking.
I also make food a bit like a restaurant service. I love red cabbage salad so I chop up enough for 3 or 4 meals, and I keep it in containers and use it as a side for other meals. Just add salt, pepper, lemon juice and olive or (or balsamic and olive oil), amazing tasty salad very high in Vitamin C.
Of course, the above is predicated on you actually enjoying cooking. I do enjoy it otherwise I wouldn't do it. If you aren't a good cook, take comfort from the fact that no one is when they start. You learn a few basic skills and then add to them over time. Sometimes I get a bit sick of cooking. Then I go out.
I never eat takeaway. The whole point of paying someone to cook your food for you is for them to also wash the dishes. Food eaten out of plastic or cardboard is a pretty crappy compromise.
I believe that the pleasures of good food is something that almost anyone in the world who lives in a stable relatively wealth society can enjoy and its a great equaliser between the jet setting bazillionaire 0.1%ers and the rest of us wage slaves - the level of pleasure from a good meal is the same.
Anyway, just did a brain dump. Hope some of this gives you ideas.
oh, and importantly, a case of coopers green at $46 v 4 six packs at approx $16 = $64. Self control is important too. I guess you need to spend a bit to save a bit.
Fair enough. I try to cook where I can but I have a tendency to buy expensive ingredients because I love food. Like I'll get the $30kg steak or the magnum ice creams. I'll also buy the salami over the square loaf and the expensive cheese. Appreciate the tips though.
@mark96:
Nothing wrong with that. If that's what you love then go for it.I used to have a bit more expensive taste but have reformed quite a bit. I.e., I used to buy Maldon sea salt then decided to buy normal sea salt and miraculously I didn't hemorrhage.
Yeah true I've never been bummed about how much I spend on food. Just surprised how little some people on here spend.
yes, good idea. I tried to make a scrumpy once but it turned into nail polish remover.
My understanding with home brewing is that you don't really do it to save money (due to time and start up costs), but you do it if you enjoy the challenge and the experience.
However, for me its actually better for beer and alcohol to not be cheap. It's a pricing signal that tells me too much is not good for me!
Although $8 for 24 stubbies you say…..
You write well! I would definitely read your blog if you had one. Let me know if you need help setting one up.
Have you tried woolies/coles soy milk? My GF is vegan and I think all soy milk tastes like it came from the same ditch after the last storm, but at $1.20 that would have increased your savings to $64! Actually between the two I prefer the woolies soy milk.
Thanks Oodian, you're very kind. Maybe I should do some blogging? I have in the past but I never stick with it.
I think you really need a good reason to do it and to stick with it, but I think I would like to share some of my recipes with a wider audience. Some people might enjoy them.
Ha, yes, I used to think all soy milk tasted like cardboard left out in the rain….
But I changed my mind when I tried Vitasoy Soy Milky, which tastes very similar to milk. Once I stopped drinking milk I graduated to Vita Soy Original which I can drink til the nonGMO beans come home.
For the record, tried Sanitarium So Good, Aldi Soy milk and Pure Harvest. Pure Harvest was the worst. The others were a bit blerrgh. I think Vitasoy add quite a bit of sugar to their blend which masks the bean-ness.
I will give the store brand a go next time i'm in the shop.
Rent and bills -25 (renting a flat and subletting other rooms and parking spot thus making a small profit while covering utilities)
Phone 4.25 per week (TPG $17 per month)
Opal card 17 per week
Food - hard to say lately as we have been maxing out the credit card offers and been using Qantas points for Woolies cards/Coles card for 100 off, but let`s say not more than 40-50 per week
Eating out 20-45 per week
Overseas trip 1.5-2K per year
Random stuff 50-100 per month
All covers me and wife, no kids (phone and opal card bills are doubled).
Should be in the range of 7-9KUnless you own the property or have your landlord's permission, subletting is a fine line of risk. I rented a place to someone who then sublet it and when I found out about it, both of them were thrown out on the spot.
I have the landlord`s permission. I am subletting rooms of a unit I live in. Wife and me in one room, flatmates in the others. Number of people living in the flat also in accordance with the contract.
Bills and everything else per month: $900
Pokies:2 to 3k
Your ozbargain membership has just been cancelled. Thank you for your cooperation.
Lol.. i should be ay. Sometimes I have good month, if im up ten bucks.
At least you're committed to what you love.
2pp, excluding rent $1,279.60per month
$15355.2
mortgage(s) about $3400 per month
car novated lease $1300 per month
cc bill average $5000 per month (last statement balance always paid in full on due date - never pay interest)
this is for 2 adults and 2 children
cc bill includes all groceries, utilities, insurances, phones+internet+fox+nitflux, rates, restaurants, entertainment, purchases, clothes etc
save $1-2k per monthper week-
fixed expenses-
mortgage $90
school fees $150
electricity $35
water $35
rates $35
car rego+insurance $25
telephone/interwebz $25variable expenses-
booze $15
petrol $20
food $100
entertainment $20
pool $14
misc $50
icecream $10this is for 4 people. I pay waaay more into the mortgage than needed as it has drawback facilities.
most of us in the house are vegetarian so that saves money on
dead animal fleshmeat. we only eat out once a week and that is usually after swimming class and at a great indian restaurant. their eat-in portions are huge but the same price as a takeaway container - but double the size. so eat your fill and then take away the remainder for lunch the next day.as mister horsey stated - lentils and dahl are great, healthy and nutritious. home made sushi once a week - kids help make it and enjoy that.
Shop at Aldi first, then local fruit barn, and then the coles or woolworths that have the best "specials".
started home brewing. waiting for first batch to complete secondary fermentation (I bottled too early). just bottled a second batch as well. so about 120 stubbies - cost $40 (includes buying fermenter). subsequent batches will be ~$10 per 60 stubbies.
Ride the kids to school (2 kms one way) - kids are awake when they get there, save money on fuel and vehicle wear and tear, exercise.
buy most things second hand or get them free - eldest daughter wanted a "less girly" bmx - ebay near new $25. middle daughter wanted a bike with gears - ebay used/reasonable condition $5.50 -fixed it up very nicely. "new" dell desktop box- 4gb ram, windows 7 license, no hdd (no problem- bought 4 500gb laptop hdd off ebay for $41 delivered) -free - it was being "thrown out" at the tip. kids clothes -do a lot of exchanges with other parents, also sister in law has 2 daughters a couple of years older than mine so there are nice clothes there.
freecycle is very handy - my current HP printer came from there. new full inks off ebay $8 (I don't like refilling starter cartridges as their capacity is low). just got a "new" pc to upgrade my hackintosh.
I attempt to fix broken stuff myself rather than pay someone else to do it.
I like the way you live :)
yesterday picked up a rover mower from ebay advertised as "faulty" and not starting. $3. got it home and checked the carby, fine - fuel was pumping when priming. checked the spark plug - had spark. took off the metal plate covering the carby. The the governor spring (the spring between the carby and fuel regulator) had come off. popped it back on. pull started and my $3 lawn mower is running. will give it a good service when required. my current mower - came "broken" with the house, repaired it and it is still running fine.
youtube is a great resource for repairing stuff.
$4000 per month for family of 4 covers everything. Yes thats mortgage, bills, expenses, personal spending.
Late 20s, Single Male, Sydney
About 37,000 a year on expenses
13000 Groceries (I eat a bodybuilding diet, $280 a week for one person but that is with most meals pre-prepared)
18000 Rent
4,000 Bills - Roughly - Gas, Elec, Internet (These shared with house mate), Gym, Mobile, Netflix & other services
1400 Transport - Train (Not including car expenses as selling my car)Where do you buy your meals pre- prepared?
mymusclechef.com, musclemealsdirect.com.au
Our weekly living expenses for 2 people:
Mortgage: recently paid off after 8 years of struggle.
Gas: 8
Elect: 15
Strata: 75
Water: 17
Council: 21
Bank/ Credit Card fees: none, because we only go for no annual fee and no account keeping fee options
Health insurance: 20 for a couple
Phone and Internet: 20
Groceries: 70
Car: No car
Bus: 27
Misc: 30 this amount is for clothing and apparelAnnual living expenses is just over $14500. We really don't go for lunch or breakfast in a cafe. No coffee, no alcohol and don't smoke.
We splurge once a year and spend around 17,000 for a holiday.
How is your gas and power so cheap. My supply charges are more than that. Solar?
Yeah, I would like to know too. Maybe they live in a 4x4 studio. I have a 39sqm studio and the electricty for that is always under $200 for a quarter. Their cost comes out at $195 a quarter. Whatever it is, they live in a smallish space.
Where do you holiday?
Probably to the park down the road
I use YNAB to manage my finances, so I have a pretty clear overview. I live alone ($600/wk rent), although my girlfriend spends 3-4 days a week at my place. I spend on average about $4500 of the $6100 I earn every month. I am also completely debt free as of this month and am moving to a cheaper apartment next month, so looking forward to making some savings.
Of that, I spend about $200/month on groceries, $150 on dining out, $200 on going out (bars etc), $50 on fuel, $40 on public transport, $80 on booze, $25 on coffee, $80 on sport… I have 'rainy day' funds for birthdays and Christmas (50/mth each), car upkeep (50/mth), and a few other rainy day categories.
Other bills - phone ($50), internet ($60), electricity ($80), gas (50), various SAAS subscriptions ($50), health cover ($115).
Rent is obviously the biggest portion of my spending, so I'm hoping to cut that in half and save ~$1300/month
Male, 19, Single, Student.
Never worked part time/full time job, mostly random freelance stuff.
Yearly income = $5k-15k
Expenses weekly (starting from this year):
- $40 week eating out
- $10 petrol (motorcycle)
- My mum covers phone bills and it is really little (I still own my Samsung S3 from years ago, Virgin mobile, I hardly use it)
- I pirate entertainment since 2007
- Stopped watching movies in cinemas and haven't purchased new article of clothing since last year)
- I don't travel, I have traveled to 5 different countries with my parents in the past with my family, around 7 times total and it is already enough for me. I find it a time waster and its too costly. My parents still travel though yearly to Vietnam to meet family.
- Moving out is currently a stupid idea as I can put that money into more shares.
- Don't really have friends so I hardly go out, never been clubbing or anything, if we do we do nothing interesting.Total: $50 weekly~
Total bank account: $100
Total assets in shares: $12,000 (pilbera minerals gave me a recent 20% boost)I used to spend quite a lot but then I learnt my ways and the stock market now keeps all of my money to stop me from spending. Gotta get the fun of spending somewhere and I find it more enjoyable then spending money on material items. Read a quote somewhere that before age of 40, you should 100% in equity and it inspired me.
Never in debt, no credit card. I only buy things that I can pay out right.Past rash expenses (within past 2 years):
- $7k motorcycle and insurance etc
- $1k bicycle
- $2k motorcycle gear
- $2k computer
- $600 ipad
- $500 PAX spending spree + hotel
- $500 on Melbourne watch
- Other random shitI still live at home so my parents pay for the electricity etc. Our home is fully paid off. They own a Bakery ($7k week income not including running costs, though employee was past owner so she only asks for $100 week as she is already loaded and sister works there so money stays in-house) and work there most of the day everyday so home expenses either way is very little, they're not big spenders as well. They eat out once a week and mother and father spends max $50 week on random stuff, very rare.
You're doing heaps better than myself.
Any tips on how you got started into stocks?
It would be easy for me to tell about expenses on monthly basis.
I am single earner with a wife and a child.$1800 on mortgage
$600~$700 on bills incl. rates (gas bill was v high during winter)
$250 Car expenses(rego+insurance+maint+petrol)
$50 Public transport
$~700 Grocery Stuff
$500 a debt(finishing in December)
$200 personal exp(cofee, lunch etc)All i know is, I left with nothing much at the end of the month. only able to save 5k-10k if not travelling overseas. Sometimes works on weekends/overtime to save a little extra.
30 male with partner, no kids and renting.
$1110 a week including..Rent $405
Food
Power
Internet
Mobiles
Home phone
Netflix
Health insurance
1x car
Public transport
Luxury items $300Save $1200/ week
Interesting to see how other people live!
Single female
(yearly expenses; 2014-2015 financial year)
Groceries: 1000
Eating out: 2500
Health insurance: 2000
Car expenses (fuel/yearly city parking/insurance/maintenance): 4000
Clothing (+shoes/cosmetics): 1500
Wine: 1000
Charity: 1500
Travel (4 interstate trips): 5000
Utilities (phone/internet/electricity/gas/water): 3500
Entertainment: 500
House stuff: 500
Work stuff: 1500
Finance stuff: 500
Gifts: 500
Total: $25500 (compared with $16500 the previous year)
I save the majority of my income.