May Be Homeless in a Few Weeks

LRocksteady99 on 14/06/2022 - 18:41
Last edited 16/06/2022 - 20:07 by 1 other user

So I’m currently unemployed and my landlord is selling - I have four weeks to get out. I’m finding it terribly hard to get a rental in Melbourne.

Im 34, single and live alone ($400 per week). Most equivalent places are $450 per week.

I have $75k in savings and about $25 in crypto (have lost half since the crash).

This entire ordeal of being kicked out has caused a great deal of stress. I don’t want to go through this again, so I’m considering buying but in FNQ.

Im not really sure what to do - take a place in Melbourne for $450 a week, keep trying at employment and save very small amounts once I get a job or look to move to Cairns with the plan to buy in 6 months once I have a steady job. I can get an apartment for 300k there and with 70K savings the repayments will be pretty decent (much less than $450 weekly rent Melb)

I feel like I’m wasting so much money renting but given I can’t get a loan until employed I’m sorta screwed either way. Im also feeling pressured given I could be homeless in a few weeks and feel like I need to accept anything to avoid that even if that means wasting $$ on rent in Melbourne even though I have no intention of buying here given the prices and being single.

If it wasn’t for my pets I’d probably couch surf but I have a lot of household items too.

Any suggestions - I’ve barely been sleeping. Unfortunately I have no family - my mum died last year and I’m estranged from my dad.

Mod Note:

OP's account has been banned as it was detected as a ghost / duplicate account. They have been instructed to continue their forum conversations using their original (older) Ozbargain account. (John678)

https://www.ozbargain.com.au/user/80094

Financial

Comments

CyberMurning on 14/06/2022 - 18:44

+151

You have lots of saving. Most ppl i know never see $10,000 in their bank. Cheer up. Find any job while looking for your dream job. Can be kitchen hand, doesn't matter. Fruit picking, coles checkout. Any job better than none. Find busiest street full of restaurants in cbd, go in each of them on Saturday ask for a job.
- buckethat on 14/06/2022 - 22:53
  
  +41
  
  Why wait for Saturday.. he's unemployed.. go tomorrow.
  - superuser on 15/06/2022 - 08:35
    
    +15
    
    Why not go now?
    - CyberMurning on 15/06/2022 - 08:38
      
      apologies i should say "last week not today/saturday".
      should have go look the second day a person lost a job, and in the current situation short of labour, that person should get the job the next 2-3 days after that. no need to post on ozb.
    - Jackson on 16/06/2022 - 10:37
      
      +1
      
      Why even go, all OP needs to do is pick up the paper on the weekend, go to the classifieds, find the section for jobs, and then find the local payphone and dial each number and ask, simple and free (apart from the paper, although he could pinch one from the local Cafe)
  - magic8ballgag on 15/06/2022 - 09:32
    
    -1
    
    Why wait until tomorrow? Go now!
    - Mr Haj on 15/06/2022 - 11:15
      
      +1
      
      To be fair buckthat commented at almost 11 PM. I for one have never gone job hunting that late at night.
      - magic8ballgag on 15/06/2022 - 11:33
        
        -1
        
        @Mr Haj:
        
        I for one have never gone job hunting that late at night.
        
        Perhaps if your circumstances drastically changed and you were faced with possible homelessness, you might?
- Ravensbane on 15/06/2022 - 14:18
  
  +16
  
  Yeah with that much savings how could they possibly be homeless, rents paid for at least the next 3 years? Share house and the rent would be even less.
  
  Tbh you shouldnt even be complaining.. Almost homeless? Try having nearly zero savings with your house being sold by your landlord then come back to us. Not when you have enough money sitting there to pay rent for years.. Reminds me of people on near combined 200k income complaining that its not enough..
  
  Smh…
  - Mokr on 15/06/2022 - 16:21
    
    +1
    
    Sorry mate don't worry the economy will bounce back
    - tunzafun001 on 16/06/2022 - 18:10
      
      While likely true..one day this isnt going to be the case. Our economies are based on ever increasing demand, and therefore population. They are driven by increasing energy consumption. You cant do this forever. We havent been here all that long (few hundred years) and the system is almost pantsed already. We need to change our economic models. World is giving us plenty of hints (with flooding, fires, tornados and viruses).. house of cards historically does restack..but its still cards.
      - tonka on 16/06/2022 - 18:23
        
        +1
        
        @tunzafun001: I reckon the Americans are getting closer and closer to a reset, where some clueless celebrity or politician asks why the people don't just 'eat cake' and the people get the guillotine out.
        It was painful watching them sitting in their polished mansions during lockdowns lecturing average joe about what is responsible behavior.
  - LiteDough on 15/06/2022 - 20:53
    
    If op was just complaining more about it being hard to find a rental in time - his applications aren't going anywhere (low rental vacancy, lack of employment looking bad, picky about location/price), people might be a little more sympathetic (maybe not the last one).
    
    Then he also started worrying about job/financial security after mentioning having possibly 1-2 years worth expenses (including rent) in cash.
  - RefusdClassification on 16/06/2022 - 08:56
    
    +1
    
    I understand him wanting to protect his $100,000 savings worth of savings and not squander it on rent. It is enough for a 20% deposit on a cheap house.
    
    Property is the only reliable way of building wealth. Shares and crytocurrency are volatile (I also lost 40% of what i had saved and am extremely depressed/angry about this), bank interest if far less that inflation, and precious metals have underperformed for the past decade. Land zoned as residential is finite and Australia is back to 300,000 net immigration per year. The reason I didn't invest in property is simply that you require far more wealth than I have to purchase even a cheap house on the edge of a city.
    - Ravensbane on 16/06/2022 - 11:54
      
      Of course he wants to protect it but my point is if you have that money you arent even close to homeless.
    - striker5950 on 17/06/2022 - 10:54
      
      @thaal facts, i watch this us realestate show its comedy to us, they buy houses for 100k lol, here we cant buy jack for 100k
    - BlueberryOrangeJuice on 17/06/2022 - 16:10
      
      +1
      
      If you’re depressed or angry you lost 40% on crypto / shares you’re not doing it right. It’s like a casino, only put down what you’re happy to lose.
Almost Banned on 14/06/2022 - 18:47

+16

Well, you have impressive savings, but what will moving to FNQ do for your employment prospects?
- Rocksteady99 on 14/06/2022 - 19:20
  
  +2
  
  I’ll be able to afford to eventually buy a nice place for 300k verses what I can get for Melbourne on the same price.
  - serpserpserp on 14/06/2022 - 19:22
    
    +19
    
    Will you? How do you know you'll find employment for what you were getting paid in Melbourne?
  - lgacb08 on 14/06/2022 - 21:09
    
    +7
    
    you'll need to look into it more carefully. Where about in FNQ? If it's Cairns you might want to look at cost of home insurance with flood cover, if you don't have decent income you'll be in a constant struggle. There's an article on ABC about a few in Brissy lost their home because they couldn't afford the $7000 a year flood cover, I wouldn't be surprise if it's not costing more in many places along the east coast from Taree to all the way to Cairns.
    - Bren20 on 14/06/2022 - 23:01
      
      +29
      
      I read that article, ABC have a habit of writing sob story articles where the supposed victim is in the wrong. They bought insurance two days before the flood and were apparently shocked that they weren't covered.
      
      When I've bought coverage it's extremely clear that you're not covered for floods for 72 hours.
      - Donaldhump on 15/06/2022 - 07:01
        
        +26
        
        @Bren20: Yeh I saw this bloody stupid.
        
        Hello I’d like insurance, there is a bush fire across the road, I’d like immediate cover.
        
        Carmen Sandiego on 15/06/2022 - 07:38
        
        +16
        
        @Donaldhump: That legitimately happened in 2020 with the bushfires.
        
        People called work (I'm an Insurance broker) and I didn't know whether to say sorry or go "wtf??"
        
        R4 on 16/06/2022 - 11:34
        
        +1
        
        @Carmen Sandiego: I know of someone who lost a home in the Stoneville fire a few years ago. They'd moved in early in the morning but their insurance didn't start until midday. The house burnt down mid-morning. Insurance wouldn't pay.
        
        A heartbreaking situation but you need to cover your ass and be fully switched on when it comes to insurance.
        
        Carmen Sandiego on 16/06/2022 - 11:42
        
        @R4: Oh dear, I'm sorry to hear that. They didn't want to put in cover earlier? I only say since proof of insurance is a clause for a lot of mortgages. Alternatively, if they had home insurance on their previous property, there might have been some leeway?
        
        Yeah, that's the thing - Insurance is good for claims but, you need to read what they send you or you've just wasted some money for nothing, and claims like fire and other events have caveat about waiting periods etc.
        
        R4 on 16/06/2022 - 11:59
        
        @Carmen Sandiego: They're friends of friends who I've only met a couple of times. I don't know why they didn't start the insurance from the day before - I would have. I think they were planning to demolish the house anyway and build new so may not have been a total financial disaster. I've driven past the place quite a bit and there's a new house and they still live there.
        
        Carmen Sandiego on 16/06/2022 - 12:01
        
        @R4: Most people would have if they knew the clauses honestly.
        
        That's alright then :) At least they didn't have pay money for the demolishing costs?
        
        R4 on 16/06/2022 - 12:33
        
        @Carmen Sandiego: I would imagine they would have had to pay for that - which can be quite expensive.
        
        Just check the fine print!
    - digitalbath on 15/06/2022 - 06:08
      
      +4
      
      Very few areas in Cairns flood.
      - SlickMick on 15/06/2022 - 08:38
        
        @digitalbath: and I personally wouldn't buy in the areas that do, but surely anyone who did would first check what insurance would cost
    - watson4884 on 15/06/2022 - 06:18
      
      +4
      
      I used to live in cairns.
      Although the house prices have been up quite a lot since last year,but you can still find some 300k to 400k houses 3ms,white Rock,Bentley Park etc)
      Innisfail, Townsville, Tully are also quite okay if you don't mind laboring work.
      The insurance you are looking at is about 1500 to 2000 a year if not in flood area (cba)
    - morebunnings on 15/06/2022 - 09:04
      
      +20
      
      That ABC article really grinded my gears. The people in the article were hit with floods 12 years ago, got an insurance pay out, then their insurance went up and they decided to stop paying insurance. Then they were complaining that they got flooded again. Talk about bloody entitlement.
      
      They chose to keep living there without insurance, knowing there was going to be another flood that could ruin their home. They should have sold their home and bought somewhere near by which wasn't in a flood zone, where they could afford insurance. If you cant afford insurance on your home, you cant afford to live there.
      
      Case and point when buying my home 5 years ago up the coast - I'd do an insurance quote on potential properties before putting an offer in. My first house pick insurance was $4.5k/year. My second pick, about 500m from the first, insurance was only $1.6k/year. Been happy with my second pick for the last 5 years, and saved $3k/year on insurance.
      - gyrex on 15/06/2022 - 12:47
        
        +7
        
        @morebunnings: Completely agree with you mate. We've become a nation of whingers who look to absolve ourselves of any responsibility and shift blame to some faux disease, mummy spanked me or someone else entirely, rather than accepting that we made poor choices.
        
        Case and point when buying my home 5 years ago up the coast - I'd do an insurance quote on potential properties before putting an offer in. My first house pick insurance was $4.5k/year. My second pick, about 500m from the first, insurance was only $1.6k/year. Been happy with my second pick for the last 5 years, and saved $3k/year on insurance.
        
        Most councils provide detailed and comprehensive flood zone mapping data (along with other very useful data via these interactive maps) too which is probably what the insurance companies use to assess their risk for a particular house. When I bought a block last year to build on, I ensured that the land wasn't in any flooding (their data modelled up to 500 year floods) or bushfire zones.
        
        Also FYI, it's 'case *in point'.
  - SlickMick on 15/06/2022 - 08:39
    
    You don't have to go that far, though I totally recommend it. As close to the equator the better imo.
  - DonWilson on 15/06/2022 - 17:56
    
    That's a pretty weird employment prospect.
Mokr on 14/06/2022 - 18:49

-1

Are you gonna sell your cypto
- cashless on 14/06/2022 - 19:08
  
  +28
  
  Please don’t mention crypto, rekforum will be crapping all over this thread
  - plmko on 14/06/2022 - 20:17
    
    +2
    
    He smells blood
  - [Deactivated] on 15/06/2022 - 12:31
    
    -5
    
    its rektrading.
    
    if OP invested his $75k in crypto now, it may worth millions in few years…
    - Canberralad92 on 15/06/2022 - 13:54
      
      +2
      
      Like all walks of life, there are some extremely stupid crypto investors who will literally watch their balance go to zero cause 'diamond hands'.
      - [Deactivated] on 15/06/2022 - 14:15
        
        +1
        
        @Canberralad92: OP invested $50, which now worth $25, not too bad.
        
        Canberralad92 on 15/06/2022 - 15:36
        
        +1
        
        @[Deactivated]: Good profits.
- Rocksteady99 on 14/06/2022 - 19:20
  
  +18
  
  No way. I have to hold now.
  - gromit on 15/06/2022 - 10:06
    
    +11
    
    there is no such thing as "have to hold", it is like the idiot investment strategy of "I have already invested this much, may as well add another $25k to the losses". You should make the decision based purely on analytics about whether you think the investment will recover before you need the money and whether the money invested elsewhere could return that investment faster. don't throw good money after bad. note not suggesting you sell, but get rid of the mindset "I have to hold now", it is how people lose a lot of money.
  - DingoBilly on 15/06/2022 - 10:36
    
    +2
    
    Most people in crypto I know agree it'll fall further.
    
    Market is going to be rough for next few months, and crypto just follows normal markets so…
    - gyrex on 15/06/2022 - 12:51
      
      +5
      
      few months
      
      I love the optimism but I think we're looking at years, not months mate.
      - techlead on 15/06/2022 - 14:07
        
        @gyrex: The last crypto winter was January 2018 to December 2020. You don't want to know the prices back then haha. Check the charts if you are curious.
        
        I bought through out that winter. That's how I made my millions.
        
        I'm still hodling most of my crypto. I'm just dollar cost averaging and buying the dips. I bought all the way down during the last crypto winter, every one of those trades are profitable at the moment, even after this "crash".
      - Griffindinho on 15/06/2022 - 14:56
        
        +1
        
        @gyrex: RBA has inflation at 7% by christmas.
    - Canberralad92 on 15/06/2022 - 15:38
      
      -2
      
      There was literally months and months where people who bought in before the hype could cash out at a profit. If you bought in because of the hype then you deserve to lose money.
      - techlead on 15/06/2022 - 16:02
        
        -5
        
        @Canberralad92: Buy in the bear market, that's how you make money.
        
        I remember alot of people laughing at me for buying crypto in 2018 and 2019. ETH went down to $100USD from $1500USD. They said I'm going to lose all my money etc etc. Now I laugh at them for being so much in debt investing in property, they are slaves to the bank and work in jobs they don't enjoy.
        
        I can quit and retire at any time. I work because I enjoy my job and the day I start not enjoying is the day I resign. My indebted friends don't have that luxury.
        
        Arigato on 15/06/2022 - 22:45
        
        +1
        
        @techlead: Wow you got really lucky, that’s so smart of you
        
        techlead on 15/06/2022 - 23:25
        
        -4
        
        @Arigato: I could have invested in property in 2013, but I'm so glad I woke up and realised it was a bad investment. I'm an analytical person, I like numbers, so while everyone was telling me property is the way to go, you will get rich, they can't tell me why or how. I crunched the numbers, I couldn't work out why it was so bad, I just couldn't make the numbers work. 9 years on, I've been proven right. If I went down the property path, I will never obtain the wealth I have today. No property or strategy with property comes close to my crypto returns.
        
        So I invested in something else, Bitcoin. I'm so glad I did. The 9 year anniversary of the day I bought my first Bitcoin is coming up.
        
        Arigato on 15/06/2022 - 23:38
        
        +2
        
        @techlead: You got extremely lucky, nothing to do with numbers.
        
        techlead on 15/06/2022 - 23:41
        
        -1
        
        @Arigato: Its all about the numbers with a sprinkle of luck. Bitcoin surviving for more than 10 years has nothing to do with luck though. Its a very well thought out system/network.
        
        If you compared the returns for property and say returns of an index fund using leverage over the last 10 years, the returns of property are nothing compared to index funds with leverage.
        
        I don't understand why there's this obsession with property and why so many people are delusional about it. The numbers don't lie.
        
        Arigato on 15/06/2022 - 23:50
        
        +4
        
        @techlead: People live in houses. Numbers don’t lie, you got lucky gambling on something with an infinite supply (by fork/clone). I’m not downvoting you btw 🙏
        
        techlead on 16/06/2022 - 00:39
        
        @Arigato: People live in houses, but is the house worth $2 mil or whatever crazy amount. I'm not downvoting you either.
        
        idonotknowwhy on 16/06/2022 - 07:34
        
        +1
        
        @techlead: Can't live in your crypto or etfs
        
        techlead on 17/06/2022 - 01:22
        
        -1
        
        @idonotknowwhy: The house I'm currently living in disagrees.
        
        I'm currently on the market for up to a $3 mil house to knock down and completely rebuild. Then rebuild budget of $2 mil with a $1 mil buffer, in case inflation continue to get out of hand.
        
        None of this is possible without crypto. I'm losing money in ETFs actually, all the index funds I hold are in the red and I bought them to "diversify" away from crypto a little bit lmao.
        
        gromit on 17/06/2022 - 10:23
        
        +1
        
        @techlead: grats on success, but come on, those ETF's have almost certainly fared better this year than Crypto unless you bought some real dogs. So I would say ETFs have done there job in saving you a lot of money this year.
        
        techlead on 17/06/2022 - 10:33
        
        @gromit: In the short term, you are probably right. YTD crypto has lost more than equities and properties (just a gut feel haven't done any sort of quantitative analysis). Meta and Netflix look like rugpulls, aren't they down like more than 60%? I know Tesla is down heaps, I have some, I bought the Tesla dip.
        
        However, in the long term, I'm very sure it will turn out that I'd be better off buying this crypto dip. Which is what I'm doing. Just like back in March 2020, you are much much better off buying crypto during that dip than any other asset. I remember feverously trying to buy Bitcoin and ETH when it dipped down, I was scooping up as much as possible, very glad I did.
        
        I've lost millions from the crypto all time high, but without crypto, I wouldn't have those millions to lose. That's just the way crypto is, its an emerging asset class of only just over a decade old and it has outperformed every single asset class in its short life time, that's an incredible achievement. If you can't stomach the roller coaster, get off the ride.
        
        The most scary dip in the entire time since I have been in crypto, remains the first dip I experienced in 2013. Bitcoin went down to $500 USD each shortly after I bought, I came so close to selling when Bitcoin went back up to my buy price more than a year later in 2014. I'm very glad I didn't sell and the rest is history. :D
        
        gromit on 17/06/2022 - 10:40
        
        @techlead: fair enough, personally I made a crap load on shares with the march 2020 covid crash, bought everything I could and went as far into margin debt as I was willing to go without risking my property. So many shares massively undervalued. made a 10 fold profit on many, only wish I had been braver back then and bought more. Crypto I have made a little on as well (no where near the same amount).
        
        techlead on 17/06/2022 - 10:46
        
        @gromit: You could have made money in shares, properties, gold (debatable ahaha) or other investments, the question is how much. Its the difference of making $100k to $1 mil to $10 mil.
        
        Are you buying the shares dip now? ASX hit a new low. The bottom fell out of it. Bitcoin is holding strong at $20k, ETH at $1k. In fact over night, the Nasdaq fell, but Bitcoin and ETH held strong.
        
        I'm buying crypto during this dip. I've stopped buying the dip on stocks and index funds.
        
        I reckon RBA will hike aggressively like the US fed. The terminal US rate is 3.4-3.5% as per the Fed, but the US markets have priced in a 4% terminal rate. Our cash rate needs to be closer to 3% as well. Its at 0.85% at the moment, a looooooonnng way off. So I expect the RBA will be aggressively hiking in the next month of so. A 100 basis point hike is on the cards. I would like to see crypto decouple from stocks and property, that's when you will see it really take off.
        
        gromit on 17/06/2022 - 10:51
        
        @techlead: BTC I am not touching, it has a long way to fall yet. really no difference in shares vs BTC from the 2020 dip, my profits would have been similar for either, perhaps a little better for BTC but far more risk. yes I will be buying potentially both, but not at the moment as both have further to fall yet in my view. more aggressive hikes will see people pull money out of high risk assets. Crypto will be unlikely to ever decouple from stocks and property, it is a high risk asset and as such will track similar just with larger ups and larger downs.
        
        techlead on 17/06/2022 - 10:56
        
        @gromit: We know who was right for the last decade, looking at past performance. :D
        
        But past performance is not an indicator of future performance.
        
        So let's grab some popcorn and let time tell who is right. I reckon in the next decade, Bitcoin and other cryptos will again outperform all asset classes just like the last decade.
        
        Nearly 9 years ago, I bought my first Bitcoin, it was a small fraction of my net wealth back then, it has grown to be a huge percentage of my net wealth now.
        
        gromit on 17/06/2022 - 11:00
        
        @techlead: well definitely I have the opposite view. We are in for a decade of stagnation, best bets will be in new tech if you are lucky or knowledgable enough to pick them. Property will probably not do a lot and I don't expect much from Crypto either barring some global unexpected change in the direction of the economy, The world is a very different place economically for the next decade compared to the last. Will be happy to be wrong and will hedge my bets as such.
        
        techlead on 17/06/2022 - 11:07
        
        @gromit: Let's see who is right.
        
        I know one thing, property returns will not be more than crypto. I think that is pretty much a given. It was no where close for the last decade (even when property is leveraged and crypto not), it would be the same this decade.
        
        gromit on 17/06/2022 - 11:12
        
        @techlead: property has never really been great, even this last decade where it has done unusually well it still underperformed stocks and yes definitely Crypto. Where Property has historically shined though is the leverage level achievable to magnify gains where a 10% gain in price can be a 100%+ ROI. can be done at levels that neither shares or crypto can achieve so in a booming market property can be king even with much smaller gains.
        
        techlead on 17/06/2022 - 11:24
        
        @gromit: OMG, another SANE person, that's exactly what the numbers tell me, yet, nearly everyone around me are saying and continue to say property is the best place to build wealth. I just can't understand it, I don't get the delusion.
        
        Even now when I have been proven right, most of my friends and family still believe property is the best investment even AFTER I point out the fact they are still in debt and my net wealth can buy all their properties outright (individually, not all of their properties combined haha not THAT rich yet).
        
        I don't understand it. Over the last decade, property is one of the worse investments, giving a lower return than stocks and crypto with no leverage at all.
        
        gromit on 17/06/2022 - 11:29
        
        @techlead: yeah I have sat down with my mother and brother after they both used their property investments to show me how "wrong" I was as they had more than doubled their money. Did some math with them to show that even a simple low risk index fund would have outperformed for them.
        
        techlead on 17/06/2022 - 12:48
        
        @gromit: Nice, that's how its done. What did they say after you presented the figures to them?
        
        For me, my friends still go, you could have lost everything lmao. I said, you could have lost everything in property too, look at that woman in Perth with 19 properties before the crash. What about that couple in Queensland who sued Westpac for "predatory lending" and lost hahahah.
        
        gromit on 17/06/2022 - 14:23
        
        @techlead: it's a pointless argument with them (hence why I hadn't bothered till they were boasting about it). even with cold hard numbers it is just a series of disbelieving comments and justifications and then back to how well they have done. So I don't bother anymore, they have done well enough and are in no financial stress so they can believe whatever they want as it isn't worth the pain in arguing.
        
        techlead on 17/06/2022 - 15:06
        
        @gromit: Yea, same. I only bring it up when they laugh at crypto, like now. Apparently I should have lost all my money now because of this "catastrophic crash". hahaha. My balances both in the bank and blockchain says otherwise.
Smiles007 on 14/06/2022 - 18:55

+9

I would move to Cairns, lots of opportunities up there, lovely place to live
Jimothy Wongingtons on 14/06/2022 - 18:58

+12

$25 or 25k?
- tsunamisurfer on 14/06/2022 - 19:16
  
  +47
  
  We believe it used to be valued at $25k.
  - serpserpserp on 14/06/2022 - 19:24
    
    +6
    
    Yes, now worth 25 dollars. Probably still can't sell it anyway since so many places are not allowing people to sell at the moment.
- Rocksteady99 on 14/06/2022 - 19:21
  
  +2
  
  25k
  - Jimothy Wongingtons on 14/06/2022 - 19:48
    
    +9
    
    I was going to say jeez if you’re only down $12.50 I think you’re gon be okay op
    - Rocksteady99 on 14/06/2022 - 19:58 Comment score below threshold.
      - donga100 on 14/06/2022 - 21:20
        
        +165
        
        @Rocksteady99:
        
        But I still am faced with homelessness.
        
        No you're not. I don't mean to be a (profanity) about it but you have $100k in savings and receiving job seeker. You still have 4 weeks to find a place and move in. You have said yourself that similar places are going for only $50 a week more than you currently pay.
        
        Being unemployed you have plenty of time available to get yourself sorted out. Approach your days like you are working and set deadlines for each task. Eg: Starting tomorrow morning -
        
        0700-0800 - wake up (set alarm), shower and breakfast.
        0800-0900 - short list four or five apartments for inspection.
        0900-0930 - phone calls to schedule inspections.
        0930-1030 - create Airtasker account and post ad for resume creator. $50 budget will get you something very decent/professional. Set a 48hr deadline so that they prioritise your job. Include Linkedin profile creation too if you don't already have one. If you really feel like investing in yourself, create a separate task for a photographer to take corporate style headshot/portrait.
        1030-1130 - procrastinate for a bit while you admire the progress you have made so far, watch a bit of tv/youtube and give your cats scratches.
        1130-1600 - put on some decent clothes and head out to inspections scheduled earlier. Ask agents for application form and inform them that you are between jobs at the moment but can pay 6 months (or whatever) in advance, this will make your application more attractive, especially for landlords who need the cashflow as they will get paid just after 1st July and won't need to pay tax on it for another 12 months. Grab some lunch in between inspections.
        1600-1700 - review the offers on Airtasker and accept your favourite. Message them immediately with your current resume/linkedin, examples of jobs you are interested in, what you consider your top skills, etc.
        1700-1800 - review your Linkedin and make sure it is set to open for offers. Check for suggested connections and add anyone that you have worked with/know.
        1800-1830 - create schedule for tomorrow (shortlisting jobs, writing cover letter template, more apartment inspections if necessary, etc.)
        1830 - dinner, relax, cat cuddles
        
        Quantumcat on 14/06/2022 - 21:29
        
        +10
        
        @donga100:
        
        especially for landlords who need the cashflow as they will get paid just after 1st July and won't need to pay tax on it for another 12 months
        
        When you pay rent in advance the real estate agency keeps it in trust and only pays the landlord as per normal schedule. No tax advantages, just security that you won't stop paying rent.
        
        donga100 on 14/06/2022 - 21:31
        
        +4
        
        @Quantumcat: Fair enough, the security will still sound attractive.
        
        RADICALIST on 15/06/2022 - 13:19
        
        +4
        
        @Quantumcat: My property manager paid me 3 months of rent as offered by the tenants.
        
        montorola on 14/06/2022 - 22:04
        
        +5
        
        @donga100: I like your time breakdown, I'll use it in my daily life lol
        
        [Deactivated] on 14/06/2022 - 22:31
        
        +1
        
        @donga100: You can't receive job seeker when you have more than 10k in savings right
        
        buckethat on 14/06/2022 - 22:55
        
        +1
        
        @[Deactivated]: You can.
        
        Scrooge McDuck on 14/06/2022 - 22:45
        
        +5
        
        @donga100: Wow! I need to tidy my room; can I get a schedule for that?
        
        DemocracyManifest on 14/06/2022 - 23:38
        
        +2
        
        @donga100: You can’t get job seeker within a significant waiting period haha with that amount of savings
        
        cadwalader on 15/06/2022 - 01:37
        
        +7
        
        @donga100: Sadly you put more effort into writing this than OP will in using any of your tips to turn his situation around.
        
        82norm on 15/06/2022 - 08:43
        
        +2
        
        @donga100: Does Victoria have a Earn and Return program? If so, collect some cans/bottles, make $10 a night X 5, that covers your $50 rent hike, not to mention you’re exercising at the same time.
        
        Malarkey on 15/06/2022 - 09:39
        
        +4
        
        @donga100: This guy unemploys! Solid advice
        
        skillet on 15/06/2022 - 10:02
        
        +1
        
        @donga100: Wow did you also scheduled your life to make posts like this?
        
        AMelbournian on 15/06/2022 - 10:46
        
        @donga100:
        
        but can pay 6 months (or whatever) in advance
        
        Unfortunately, this could be illegal considering op is in VIC and looking for a place under $900 per week.
        Source
        
        donga100 on 15/06/2022 - 23:33
        
        @AMelbournian: Even better. You get to boast to the agent about your ability to pay without having to follow through.
        
        idonotknowwhy on 16/06/2022 - 07:36
        
        +1
        
        @donga100: Copy/pasted this to my notes in case I end up in this situation.
        
        Edit: now I want to go on airtasker, dump my daily chores there and have someone produce a reply like this lol
        
        John678 on 18/06/2022 - 15:15
        
        +1
        
        @donga100: This was helpful. Thanks.
      - Canberralad92 on 15/06/2022 - 13:55
        
        @Rocksteady99: With that attitude yeah, probably worse.
- iDroid on 14/06/2022 - 21:34
  
  +2
  
  OP lost $12.5k, I don't know how they lost $15k, but I tell you $20k is a lot to lose.
  - Mr Haj on 15/06/2022 - 11:18
    
    Didn't they lose 25k? Says they now have 25k after losing half

May Be Homeless in a Few Weeks

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