8897 replies to this topic

[Delete This Account]

This dude in Thailand seems to be doing it tough

http://www.supraforu...d-My-other-cars

I love how this is on a Hilux.

[skillionaire]

Some gems in there...

[B4TT]

Much love to those Volvos. I understand most people hate them but I think they are cool!...


That last POS is an abomination and an insult to all things automotive. GAH!

[skillionaire]

Hahaha, Matiz is hilarious.

[B4TT]

Hahaha, Matiz is hilarious.

** Yaris

[Shaz]

I think $80 isn't enough to get by.

Put it this way.

An $80k gross salary, with a 1.5% medicare levy, will give you a net income of $61,250 per year.

$62,250 / 52.2 = $1173.37 per week.

If said person has a $350k mortgage (Median national housing loan amount) you take out repayments based on the National Affordability Rate of 8.05% (This is what all loans are assessed on, even though actual repayments may be slightly lower)you're looking at about $654.25 per week.

Now you take that out of the net weekly income of $1173.37, and you're left with $519.12 a week.

Then you take out expenses such as;

Fuel $50/week
Groceries $100/week
Insurance/Electricity/Gas/Internet $100/week

Then you're left with $250 a week for everything else.

I DO NOT believe a couple, could COMFORTABLY live on that.

Then you take into consideration a 3.3% yearly inflation, which gives you a higher cost of living, and wages not increasing anywhere near that percentage, you start to catch my drift.

$150k combined would allow you to live comfortably. But not like a BO$$.

To be BO$$-Like, you would need at least a combined income per household of $200k, i reckon.

[skillionaire]

Same diff?

Agreed Shiiiintz.

[Morgan]

I am not satisfied with my income.

Not particularly satisfied with our combined income either.

Hth

[RX25SE]

This dude in Thailand seems to be doing it tough

http://www.supraforu...d-My-other-cars

*ring ring*

"Herro, Toytoa Motor corporation"

"Herro, I rike to prace order"

" What you rike to order"

"I rike four 2JXGTE engine, two 1JZGTE engine and one UZFE engine preese."

"OK I order engine. You rike some Brembos with order?"





I would classify this bloke as a CAR NUT!

Love the 'shed'.




BTW.

I could make do with $80k pa.

Its not always about how much you earn, but how much you waste.

[B4TT]

I am awesome at wasting money

[skillionaire]

I'm about to buy a friggin cheese making kit, tell me about it!

[Alex]

Oh hai.

Shazza. Nice.

Thanks for doing the math.

Need to hook up with a doctor.

Bossness will ensue.

[dflux4]

I think $80 isn't enough to get by.

Put it this way.

An $80k gross salary, with a 1.5% medicare levy, will give you a net income of $61,250 per year.

$62,250 / 52.2 = $1173.37 per week.

If said person has a $350k mortgage (Median national housing loan amount) you take out repayments based on the National Affordability Rate of 8.05% (This is what all loans are assessed on, even though actual repayments may be slightly lower)you're looking at about $654.25 per week.

Now you take that out of the net weekly income of $1173.37, and you're left with $519.12 a week.

Then you take out expenses such as;

Fuel $50/week
Groceries $100/week
Insurance/Electricity/Gas/Internet $100/week

Then you're left with $250 a week for everything else.

I DO NOT believe a couple, could COMFORTABLY live on that.

Then you take into consideration a 3.3% yearly inflation, which gives you a higher cost of living, and wages not increasing anywhere near that percentage, you start to catch my drift.

$150k combined would allow you to live comfortably. But not like a BO$$.

To be BO$$-Like, you would need at least a combined income per household of $200k, i reckon.

True, wish i only used $50 a week in petty.....

[B4TT]

I'm about to buy a friggin cheese making kit, tell me about it!

LOL! nice

AMS what is your thoughts (Rich boy).... If you had to live at the same income as us meer mortals do you think you could survive?

[Adam]

True, wish i only used $50 a week in petty.....

Yeah same!!

[Alex]

sell subaru.

buy yaris converted to LPG.


win struggle.

[B4TT]

sell subaru.

buy yaris converted to LPG.

Commit suicide when you realise you are a raging homosexual, AIDS spreading servant to the cockk

[ams]

AMS what is your thoughts (Rich boy).... If you had to live at the same income as us meer mortals do you think you could survive?

I'm 'supporting' a uni student remember...they won't give her fark all income support because they expect her to bludge off me, which may i add, she does very succesfully....

[B4TT]

Hahahaha much love to Rach on that, she does it so well.. I hear that Keira is getting in on this act too!

[Shaz]

Yeah, i've used the living expenses at a bare minimum.

You would spend well more then $50 in fuel, and even if you had no car, bus fares add up.

But yeah, it further re-iterates my point. $80k isn't sustainable.

Hopefully, if all goes to plan, i should achieve BO$$-Status by the time i'm 26. Thats the plan anyway.

AMS - There is a tax deduction that can be had for supporting a uni student.

Also good tax benefits if you contribute to her super. Instead of paying 31.5% tax for super contributions, you only get taxed at 15%.