Saving is everything

[white_goodman]

Im contracting for NSW govt ATM and got a call from an agent for costco from the US a few weeks back ... they want some land to build e huge super cheap warehouse in syd. Cant wait!!!!

can you reccomend them somewhere on the northern beaches or north shore... my monthly kangaroo food bill is like $120 atm...

also as a uni student i cant emphasise enough the powers of living cheap...

DFO and Berkenhead Point are a must for clothes, also ebay goes well if you can hunt a bargain... i got 5 shirts for $25 and 5 pairs of jeans for $25... granted i only wear 3 of each, its still $5 each. Also living at home still helps

 

[prawn_86]

Also living at home still helps

Damn you! Lol.

Most city people that i talk to take living at home for granted and dont realise how much easier it makes life financially. Having to move from the country means rent, bills etc etc that need to be paid.

Must say i would do the same though if i could

 

[fordxbt]

home is cheap - i opted to pay the electricity bill once a quarter rather than weekly board! its roughly $35/week
but i only reside here, food/transport/etc is extra

 

[white_goodman]

Damn you! Lol.

Most city people that i talk to take living at home for granted and dont realise how much easier it makes life financially. Having to move from the country means rent, bills etc etc that need to be paid.

Must say i would do the same though if i could

the best part about it is i get my own flat sorta...kitchen, lounge, bathroom,laundry,bedroom,courtyard.... its like my parents planned ahead for Sydney's high property values and us youngies not leaving the nest till mid 20's

 

[pepperoni]

can you reccomend them somewhere on the northern beaches or north shore... my monthly kangaroo food bill is like $120 atm...

also as a uni student i cant emphasise enough the powers of living cheap...

DFO and Berkenhead Point are a must for clothes, also ebay goes well if you can hunt a bargain... i got 5 shirts for $25 and 5 pairs of jeans for $25... granted i only wear 3 of each, its still $5 each. Also living at home still helps

I grew up in bayview and collaroy ... they have Devvit meat for bulk at narra but not sure about the quality ... huge aldi at mall ... and a huge chilli basil stirfry at chilli club narra is about $12.

Not as many cheap eats out that way as in student areas of syd.

DFO *WAS* great ... I got 3 fred perry polos for about $20 each that have lasted years! Not so good now.

Dunlop volleys *can* be fashionable shoes ... now in a few styles ... for about $20 ha ha. I havent got them but got some merrel looking shoes for $60 instead of $250.

People make fun of me not having 5 of each style of shoe ... I dont get it I can only wear one pair at a time.

 

[pepperoni]

Ok I just thought of the worst one ... EB games guarantee ... I buy a game and if I dont LOVE it I take it back for refund. They are happy to ... its their business model ... probably played 100 ps2 games and loved ... 5 ... 2 second hand!

 

[white_goodman]

Ok I just thought of the worst one ... EB games guarantee ... I buy a game and if I dont LOVE it I take it back for refund. They are happy to ... its their business model ... probably played 100 ps2 games and loved ... 5 ... 2 second hand!

that would be all 5 GTA games available on PS2

 

[pepperoni]

that would be all 5 GTA games available on PS2

Bwahahaha ... exactly!

 

[theasxgorilla]

As for kids ... absolutely ... if I ever had them Im sure they will get picked on at school for not having every latest item ... but but not buying their love with $$$ you teach them not not need to impress others with "stuff".

It's a bit presumtuous to assume that spending money on things that are important to a kids image is "buying their love" or that this is even detrimental. This is the world we live in. I've seen plenty of people grow up to be well-adjusted kids who love their parents because they bought them a car when they turned 18, a good watch to celebrate a special event, or helped them with a house deposit, made sure they always had good clothes etc.

There are other ways to incent people and educate them into good habits, like the goverment does with some pension/super systems eg. you put in a dollar, we'll match it. While I have reservations about where that other dollar comes from when the government is coughing it up, if the parents have a surplus (which they ought to if kids are to be convinced that they're worth listening to) why shouldn't it be spent on/in the family???

I've actually observed and become convinced that when you don't purposely put your kids in these kinds of uncomfortable situations they tend to respect you more and when you have their respect they're more likely to listen to your financial management wisdom. It also helps keep families together, IMO.

 

[ROE]

Don't need to save and still have all the finer thing in life with plenty left over

100% salary comes in 30%-40% goes to investing and saving and never ever get draw out and let it compound years in and year out. Never need to borrow a dim


60% left over I spent on toys, iphone, gadget what ever I fancy when that money run out the same cycle repeat end of the year I have 30-40% stack up some where without missing finer thing in life

 

[pepperoni]

Don't need to save and still have all the finer thing in life with plenty left over

100% salary comes in 30%-40% goes to investing and saving and never ever get draw out and let it compound years in and year out. Never need to borrow a dim


60% left over I spent on toys, iphone, gadget what ever I fancy when that money run out the same cycle repeat end of the year I have 30-40% stack up some where without missing finer thing in life

Whatever makes you happy ... as long as you know how much wealth you are missing out on if you let that 60% compound for a while!

Depends on whether you have goals and what they are .... to quote an unlikely source, "they are trying to buy some gucci, Im trying to buy the mall"

 

[sk8er]

is aldi a bulk type store?

Have you been living under a rock?

 

[derty]

Have you been living under a rock?

White must be under the same rock as me as the first time I ever heard of aldi is in this thread.

I googled them and see that they are a Walmart like group. I live in the west now but manage to get to the eastern states a couple of times a year. When did aldi come to Austraila and who did they take over?