How Much Money Do You Make, How Old Are You, How Much Are Your Expenses, Which State Are You in?

spacemannn on 10/09/2019 - 00:02

A thread like this exists but I wanted to see a more recent one. Couldn't find a recent one so I deiced to make this. Guess I'll go first.

Age: 25
State: NSW
Job: Accounting
Salary: 65k inc Super
Monthly Expenses: $660/$1200 depending on how much of the bills i'm helping pay (live with my parents, we're renting, and we want to buy a house soon, not sure whether that's a good decision as I don't know much about the housing market)
Hecs: $43k Debt
Credit Card: $5k Debt
Savings: $5k

I just got the job, didn't have one for over 2 months and had to do what I could to get by, namely burning through my savings and using the credit card to try and fix my car. Spent a few thousand on it and another part on it went out when I got it back, left me stranded, so it's sitting in the driveway right now not working. One of the worst financial decision I think I've made thus far, not including my Hecs debt. I have a Bachelor but moved degrees before settling hence why it's so high.

Education & Work

closed Comments

  • Findo on 10/09/2019 - 01:05
    +21

    What’s the point of this thread? You’re gonna get people who earn more than you, as well as people who earn less. If you’re interested in how others are doing, there’s always glassdoor to feel happy/sorry about your remuneration.

    • Hybroid on 10/09/2019 - 01:12
      +6

      Agreed. Equally there's people that will tell you honestly and you won't believe them, while there's others that may lie or mislead. Pointless.

      • apsilon on 10/09/2019 - 07:16
        +2

        These two replies have nailed it.

    • ihbh on 10/09/2019 - 07:40
      +4

      He's from the ATO asking for volunteers to help improve their matching algorithm.

  • crentist on 10/09/2019 - 01:36
    +22

    im a 23yo tradie/doctor/daytrader/miner/lawyer/dropshipper/software engineer making $450k and i got 7 properties and im on ozbargain because saving money is funny

    or im a 38yo accountant/it admin/teacher/public servant/any other engineer making $53k that barely covers mortgage and im on ozbargain looking for discount mince meat sales to feed my 3 kids

    thats basically the thread

    also you should use your 5k savings to pay your 5k cc debt

  • Cheeper on 10/09/2019 - 02:06
    +6

    In accounting and has …"Credit Card: $5k Debt… Savings: $5k" ???
    Pay that out asap!

  • onetwothreefour on 10/09/2019 - 05:29
    +4

    We've done this before, everyone's on 180k and drives a Merc.

    • k-rokfm on 10/09/2019 - 08:58

      I wish my BMW was a merc 🙁

      • Yummy on 10/09/2019 - 09:46

        I wish my Nissan was a BMW. :(

  • myusername on 10/09/2019 - 06:25
    +12

    partner works part time in day care
    i breed salamanders
    budget $1.5 million

  • TEER3X on 10/09/2019 - 06:42
    +1

    Unemployed, almost middle aged, expenses about $4k/m. Zero income coming in. Going to run out of cash soon. Sad.

  • burningrage on 10/09/2019 - 06:46
    +1

    ATO in disguise?

  • iforgotmysocks on 10/09/2019 - 06:58
    +7

    I'm 49, shoot pigeons at the airport, earn $500k, my expenses are mostly pigeon costumes and bird callers, around $4k a month.

  • franco cozzo on 10/09/2019 - 06:59
    +2

    ….mind your own effin business! :D

  • Quantumcat on 10/09/2019 - 07:19

    $65k per annum with $74k hecs debt :(

  • Some Human on 10/09/2019 - 07:29
    +2

    Not this again…

  • mbck on 10/09/2019 - 07:43
    +4

    I drive uber and I earn 200k a year…minimum

    Whoah that was a weird dream

  • [Deactivated] on 10/09/2019 - 08:11
    -1

    I'm Elon Musk.

  • Skramit on 10/09/2019 - 08:18

    Age: 19
    State: VIC
    Job: CEO of Skramit's KFC Meal Deal Reviews
    Salary: $80,000
    Monthly Expenses: $3,000 on KFC, $5,000 on other household expenses,
    Hecs: $0
    Credit Card: $24k Debt
    Savings: $0k

  • brad1-8tsi on 10/09/2019 - 08:18
    +2

    If I listed my financial position here and one of my kids saw it they'd put out a contract on me.

    • dasher86 on 10/09/2019 - 09:26

      They can now take a gamble and put a contract on you without seeing it.

  • garetz on 10/09/2019 - 08:31
    +2

    Credit Card: $5k Debt
    Savings: $5k

    or in other words 0 savings

    • k-rokfm on 10/09/2019 - 09:00
      +3

      Negative savings cause he’s still paying interest

  • [Deactivated] on 10/09/2019 - 08:43

    43k hecs debt goodluck :D

  • tallkid123 on 10/09/2019 - 08:47
    +4

    Did Ozbargain turn in to Whirlpool overnight?

    Age: 29
    State: Anywhere - I move around
    Job: Contractor
    Salary: Minimum of $2M per hit
    Monthly Expenses: $10K for firearms, $5k for fake passports/driver's licenses and $2K for my novated lease car
    HECS: $0
    Credit Card: Ask my employer(s)
    Savings: Enough to FIRE, hehe.

  • Bid Sniper on 10/09/2019 - 09:28

    Penis waving whingepool thread

    Age: 69
    State: Mordor
    Job: rectal specialist
    Salary: 100 Gold
    Monthly Expenses: harlots 10 Gold, brew 55 gold, rest a blur
    Hecs: Heck no
    Credit Card: none
    Savings: hidden under the X

    On a serious note, usually bachelor HECS is 20K, why do you have twice that?

  • toniyellow on 10/09/2019 - 09:35

    Your taxes pay for someone to collect a legit version of this info in the form of the census, and there is a lot of stuff using census data you can read online.

    Here is an interactive version of the 2016 census stats
    https://www.abc.net.au/news/2019-05-21/income-calculator-com…

    Something more specific to accounting
    https://joboutlook.gov.au/Occupation?search=alpha&code=2211

    And moneysmart because you really need to pay off that credit card with your savings immediately
    https://www.moneysmart.gov.au/managing-your-money/managing-d…

  • Moderatorscotty on 10/09/2019 - 09:48

    From the comments above I guess we can mostly agree that this kind of forum post is pointless on OzBargain. Thread closed.

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