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How much money per week do you need to live on?

:D:D:D:D:D


I feel the same. Would rather go away less often and stay in good accommodation.
Last time in Sydney we paid around $400 per night. Worth every bit.


Exactly. This is the point I was trying to make yesterday when people were assuming no outgoings on one's residence if simply no mortgage. On the contrary, there are constant and necessary outgoings. Small example: yesterday received notice that annual termite inspection and pest control is due. Cost around $400 p.a.


Yep, I'm curious about why people do not have private cover, i.e. whether this implies total faith in the public system, similar faith in one's eternal good health, belief that no catastrophic accident or illness will happen, or alternatively a budgeted separate fund that ensures you could pay for private care if necessary, bearing in mind that some procedures can cost more than $300,000.


Agree. Obviously you can afford what you have so why not enjoy it. Too many people (not suggesting this applies to anyone here) without quite realising it, become habituated to trying to save money when it's no longer necessary.



So funny. Do you necessarily want to be adopted into Western Australia? What can you offer as an adoptee?:):)

Btw, great thread, BillM.

I promise to do my best to keep up that life style, but my wife tells me she wants in as well, so do my 3 daughters and 12 grandchildren, am i selling this well?
 
Too many people (not suggesting this applies to anyone here) without quite realising it, become habituated to trying to save money when it's no longer necessary.
Yes that sacrifice of personal life time for the future payoff has never really rang a bell for me. "Plans that either came to nought or half a page of scribbled lines". (Floyd)
 
Okay Manny. Your cover is blown. ;)

LOL ....... lyrics of the song BUT it is cheaper to fly corpoprate jet than you think. Usually around $1500 domestic to $2500 per hour internationally. I can hire a turboprop (cheaper than a jet) from where I am in the country and land in the city 1 and 1/2 hours later for $1750. Plane can seat 8 people BTW so a $220 flight one way is comparable to what the local aeroflots are charging. The trick is to go only ONE WAY as you have to pay for the plane to sit around on the tarmac when not in use. I learned this the hard way when I chartered a helicopter and got the bill for the pilot and chopper "wait time". :D
 
If someone offered me $10K to go and get a tattoo I wouldn't do it. I don't like needles from the Doc let alone have someone inflict pain on me.:eek:
I agree absolutely. But if you're someone who likes tattoos, they are something that you can enjoy every day for ever, so on that basis, $1500 seems entirely reasonable to me. What is so interesting about this thread is the priority we all have for quite different uses of money.


I promise to do my best to keep up that life style, but my wife tells me she wants in as well, so do my 3 daughters and 12 grandchildren, am i selling this well?
Um, probably not too well, really. The potential adoptee would need to bring with him/her benefits rather than liabilities.:)
 
The answer is - very little. Somewhere in the order of what Prawn was quoting.

As a university student, I learned to live on very little, something which I still do. Now that I have a job, I can afford the odd little luxury here and there (although my version of a luxury is a $500 rod and reel setup that will last me for years).

Each fortnight I top my bank account up to a set level which covers all my expenses for the fortnight plus a little extra. Of that amount, 30% is for direct debited savings programs anyway. The rest gets transferred into other (online access only) accounts as savings also. In order to buy something worth more than say $100, I have to transfer it back to the original account.
 
I just thought I would add an old age pensioners point of view, the person is close to me, she's my Mother. My Mother is 80 years old and lives in a 3br brick house on her own. She has to pay for house maintenance and the running of her car. The old age pension is $360 P/W and she has other income of about $40 P/W.

My Mother lives comfortably on $400 P/W. She doesn't travel anywhere (other than local) as she can't and is on a walking frame. Whenever she needs a fence or new fridge she can afford to pay for a new one. She tells me that that $400 P/W is more than enough to look after herself. She has an active life but does things with her friends that doesn't cost much money and she is very happy.
 
I do eat steak and drink champagne each night. Alright ...... seeing how you asked for it.

Just to fill up one of my cars is $150 per week. V8 Landcruiser.
The other car is $100 per week. We do a lot of running around and travelling to Perth (country based) We will not be sitting in the house waiting to die.

Accomodation whilst in Perth. Not staying in a caravan park and never will it is not unusual to have to spend $300 per night for a decent room in a decent inner city hotel. Conservatively $3000 per annum and sometimes we fly to Perth (more expense)

Entertainment - See my other post RE: a decent restaurant ...... the reason we are in the big smoke is to go and see a show/entertainer/class act and not sitting in the bleachers nor the nose bleeds it gets up to $200 per ticket to get a good view.

House Outgoings - My house costs about $14,000 per annum to own. Land and Water Rates are $4,000 per year, Electricity, gas and water consumption is approx $5,000 per year. Not uncommon to get electric bills of $600 PLUS for a 60 day period !! Insurance is over $2000 per annum. Maintenance (reticulation, gardening, tapware, light fittings etc) take another $2000 per annum.

Clothing - I would think nothing of spending $250 on a business shirt which would last me only a couple of months. I have a penchant for leather jackets as well. $2500 for a Monza Italian is about the right money. My wife has equal tastes.

Holiday - One month in Bali every year costs me $10,000 inclusive flights, shopping meals etc etc. We also fly to QLD once a year. This year the rellies are coming to me (saving I think????)

Hobbies - I have a boat that conservatively costs me $5,000 per annum to maintain/insure/keep afloat as well as fishing gear that is not at the cheap end of the scale that constantly is required to be replaced. One trip to the Abrolhos Islands would be a $2000 exercise in logistics. I do this 3 to 4 times a year. Bait is $18.50 per kilo for octopus. One decent 24 oz sinker is $6.00, some of the hooks I use are $5.00 each. You would lose up to 5 rigs per day.

Health Insurance/Incidentals - Close to another $100 per week easily. Top Cover

This is what I am doing right now. This to me is "living" and not "existing". Yes we could scale back and do everything on a budget and get it down to $800 per week but WHY? Lifestyle has the words LIFE and STYLE in it's spelling.

Champaign??? Never heard of it ?? :p:



Some things I can understand - House, boat, petrol, insurance, entertainment

But some things are just outrageous - accommodation ($300 a night! A four star hotel in New York cost $250 a night)

Holiday & Clothing - I don't know why you would go to the same place every year and spend 10K. Explore the world, go somewhere else or just buy a holiday house in Bali if you're in love with the place. Connects to clothing - if you spend $250 on a shirt and you go to bali for a month, why don't you just buy yourself clothes when you're in Bali and post them back home. I heard you can get a fitted suit with top notch material for under $300

Eating and Wine - This is just my personal preference but I don't like spending insane amounts of money on things that aren't memorable and don't last - ie, food and wine

But hey, I guess it all comes down to if you got the money. My super rich Aunty and Uncle spend insane amounts of money. My uncle bought my aunty an 80k ring and she bought herself a 5k handbag (although my uncle wanted to give her the 15k handbag but she didn't like it) :eek:



Originally Posted by NewOrder
Is no one else shocked at someone spending $1.5k on a tattoo? Or have I read it wrong?

Got it done at Miami Ink so there's usually a premium to get it done there but I'm really happy with it. It amusing when I go to the pools and even the senior citizens give me compliments http://www.ratemyink.com/?action=ssp&pid=120118
 
:D:D:D:D:D

Yep, I'm curious about why people do not have private cover, i.e. whether this implies total faith in the public system, similar faith in one's eternal good health, belief that no catastrophic accident or illness will happen, or alternatively a budgeted separate fund that ensures you could pay for private care if necessary, bearing in mind that some procedures can cost more than $300,000.

May be quite silly of me - but right now (24 about to turn 25) I see no need for private health cover (although I have had a parasite for 2 months now :eek: ). I tried to justify even the most basic private cover (I think it was $10.95 a week) but I wouldn't come close to recouping the costs throughout the year and making it worthwhile...case in point - I hadn't been to the dentist in 9 years (was too scared after my braces) and finally mustered up the courage to go - after the spiel about how I should come every 6 months they said "oh wow - you must be very thorough with your teeth cleaning - just a check up for today".

I will eventually get Private Health (to avoid the lifetime loading) but for the interim I have faith for emergencies in the public system (hope to god I never have an emergency!).
 
Some things I can understand - House, boat, petrol, insurance, entertainment

But some things are just outrageous - accommodation ($300 a night! A four star hotel in New York cost $250 a night)

Holiday & Clothing - I don't know why you would go to the same place every year and spend 10K. Explore the world, go somewhere else or just buy a holiday house in Bali if you're in love with the place. Connects to clothing - if you spend $250 on a shirt and you go to bali for a month, why don't you just buy yourself clothes when you're in Bali and post them back home. I heard you can get a fitted suit with top notch material for under $300

Eating and Wine - This is just my personal preference but I don't like spending insane amounts of money on things that aren't memorable and don't last - ie, food and wine
Got it done at Miami Ink so there's usually a premium to get it done there but I'm really happy with it. It amusing when I go to the pools and even the senior citizens give me compliments http://www.ratemyink.com/?action=ssp&pid=120118

$300 a night is cheap inner city accomodation in a moderate hotel in Perth. Up to $600 per night for Burswood river executive suites (very nice) The Richardson penthouse suite is $2500 per night (overpriced for what you get) and my all time favourite is the Hyatt Regency $800 per night for the Presidential Suite. (very good value for money IMO)

Bali is a BIG Island and there is more to it than just Kuta Square and Waterbom Park believe it or not. We explore the whole island as well as live in villages that round eyes don't even go to because it is too far off the beaten track. Every time we go we find something new and exciting we did not know existed. NOT guided tours of elephant parks or art galleries. We have swum in sulphur baths in temples that are off limits to the tourists and attended local weddings in full traditional clothing. NOT your normal Aussie yobbo Bali experience. There are pearl farms on the North of the Island at Lovina that interest me as well.

Clothing in Bali is a strange commodity especially when it comes to "tailored" shirts, pants suits etc. I have tried several textile outlets and various tailors. Nothing to get excited about and yes I had several shirts/leather jackets/dress pants made but not the same as an Italian designer label. Wanky I know but you will know when you try them on. Yes yes yes there is the street vendors for your fake Billabong T shirts and your replicant Hurley shorts and plastic Nike shoes. Boring. ;)

Eating and Wine is an experience to be savioured and I have many memories of fantastic restaurants and incredible food and wine. When the Maitre d takes control of the situation and places you in the "right" spot in the dining area and the Sommelier reccomends the "right" wine to go with the meal to match what you have ordered and the Waiters bring the food and the wine to a crescendo of sublime performance whereby you do not have to ask them to fill the wine nor get their thumb out of the rim of the plate and not have to be told "YES WE ARE FINISHED SO TAKE THE DAMN PLATES AWAY." Once again until you have experienced such things you wonder why you tolerate sub standard service in other restaurants. Just my humble opinion of course.

Very cool tattoo BTW. Great layered ink and good subject. :cool:
 
I will eventually get Private Health (to avoid the lifetime loading) but for the interim I have faith for emergencies in the public system (hope to god I never have an emergency!).
Thanks, JTLP, makes sense at your age and with good health.
 
$300 a night is cheap inner city accomodation in a moderate hotel in Perth. Up to $600 per night for Burswood river executive suites (very nice) The Richardson penthouse suite is $2500 per night (overpriced for what you get) and my all time favourite is the Hyatt Regency $800 per night for the Presidential Suite. (very good value for money IMO)

Bali is a BIG Island and there is more to it than just Kuta Square and Waterbom Park believe it or not. We explore the whole island as well as live in villages that round eyes don't even go to because it is too far off the beaten track. Every time we go we find something new and exciting we did not know existed. NOT guided tours of elephant parks or art galleries. We have swum in sulphur baths in temples that are off limits to the tourists and attended local weddings in full traditional clothing. NOT your normal Aussie yobbo Bali experience. There are pearl farms on the North of the Island at Lovina that interest me as well.

Clothing in Bali is a strange commodity especially when it comes to "tailored" shirts, pants suits etc. I have tried several textile outlets and various tailors. Nothing to get excited about and yes I had several shirts/leather jackets/dress pants made but not the same as an Italian designer label. Wanky I know but you will know when you try them on. Yes yes yes there is the street vendors for your fake Billabong T shirts and your replicant Hurley shorts and plastic Nike shoes. Boring. ;)

Eating and Wine is an experience to be savioured and I have many memories of fantastic restaurants and incredible food and wine. When the Maitre d takes control of the situation and places you in the "right" spot in the dining area and the Sommelier reccomends the "right" wine to go with the meal to match what you have ordered and the Waiters bring the food and the wine to a crescendo of sublime performance whereby you do not have to ask them to fill the wine nor get their thumb out of the rim of the plate and not have to be told "YES WE ARE FINISHED SO TAKE THE DAMN PLATES AWAY." Once again until you have experienced such things you wonder why you tolerate sub standard service in other restaurants. Just my humble opinion of course.

Very cool tattoo BTW. Great layered ink and good subject. :cool:

I've got you pegged trainspotter, your a farmer on drought relief. :D
 
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