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$90.000 and living on beans! Must be bloody magic beans that grow bean stalks.
The more some people earn then the more debt they take on. Tea time must be great, like something out of Blazing Saddles!
As has already been said,the full picture is rarely depicted by the Press.Sensationalism and economy of facts are what sells Newspapers.;)
Whllst living on baked beans may be a little extreme, $90K is not a huge amount to bring up a family here in Adelaide. With high food, utility and childcare bills there is little left over on a $90K income if you have a family.
People coming over who are deciding what they need to live on should really do their research, Adelaide had become an expensive place to live recently.
We do too 2 adults 2 kids, were not flush but dnt have to eat baked beans for dinner....
We have no savings now but no debt - we spent our money when we got here on cars and the set-up costs, and we rent. We are on considerably less than $90K (don't think we'll ever get anywhere near that!!) and survive nicely IMHO with 4, soon to be 5 children, decent food, nice (rented) 4BR house in a lovely suburb.
We've had one trip back to the UK but there won't be any more for a fair while till we have the money again. That's years rather than months ahead, but you pays your money and makes your choice.
We have to decide how to spend our money, and we're nowhere near flash with cash but have found enough recently to decide we'd like to get a cleaner, and we eat beans by choice for lunch sometimes (I hate sandwiches!!!!! ). We also make provision for giving... so we manage fairly well I'd say.
Just saying that really as a perspective that may (or may not!) encourage someone in the UK wondering about the financial side of things. You choose what's important to you, spend your money on that and if you don't have the cash, you don't have to commit to pay for something you can't afford!!!
Me (36), DH (36), DS1 (9), DS2 (6), DS3 (4), DD1 (2), DD2 - BRAND NEW!!! 26-6-11 ...80 ʇdǝs ɹǝpun uʍop pǝʌıɹɹɐ
Enjoying every day life with all our needs satisfied in this sunscorched land...
you know if you're financially secure if you could managed if the main bread winner was unable or out of work for 3 months.