Vic Wasteland Thread

[R31Nismoid]

I believe the /subtle was in reference to the missus mention

Edit: whoops, was I not meant to spell it out? XD

Oh right, just forms part of daily conversation for me - barely posted much on SAU the last 3-4 months, bloody post count average is taking a massive hit

[R31Nismoid]

Oh wow nearly @ 100,000 profile views.

GIDDY UP! Haters must be hating

[KURAUN]

they just like your meat

[alr33x]

3.6k a month is not enough for "everything else"

It's easily do-able and whilst borrowing 500k - that's not neccesarily how much you might need. If you played it smart and moved into a smaller 1-2 BDR townhouse or something and only needed to borrow around 400k (say you came in with a 40-50k deposit, didn't own any money on your cars) - You'd be farken laughing and still able to make either higher repayments or look towards getting an investment property a bit further out within 12-18months and the wealth builds from there really.

They people that are impaling themselves are those that the Birdman described earlier, or those that moved out to the West (as you'd know)... Building these massive 4 BDR/2 Stories monstrosities and then unable to pay everything because the upkeep and bills for a place like that are farken through the roof. A mate of mine did a similar thing in Caroline Springs and is in all sorts of shit soon when we ALL told him to buy a unit in Airport West (this is 4 years ago)... If he did that he would be set and have a 2nd join already

Remember you chose to have a car that burns $100 a week, as do i. My Mrs would be lucky to burn $100 a fortnight in her car as it's an max0r tampon taxi.

$3.6k isnt that much, my car repayment is $650 a month which is fk all as i tipped in up front to bring it down where i wanted it to be, but i'd say that's a similar payment to most families with a falcadore or ss etc, and then add in all your bills and what not i wouldnt call 3.6k a lot but hey its all relative to what your used to and lifestyle you desire. Anyway i'm thankfully not at that level so its largely irrelevant just sayin i wouldnt call it comfortable.

Best advise is just not to over-extend...

I work in mortgages (asset realisation) and manage a portfolio of approx $50mil in bad and doubtfull debt so I have a pretty good idea of why people go belly up,

while I cant give any specifics, what I can say is the most common cause is overcommitment via unsecured debt or unemployment.

so basically, don't use credit cards that you cant pay in FULL each month, and don't lend to your limits.

be ahead on your mortgage to give yourself a buffer and don't quit a job until you have another one

another big thing is pride, most people that lose their jobs are too good to do a "lesser job" to get by until something better comes along

true that hamish we see a bit of it, not a lot but a bit and its almost always self inflicted.

[R31Nismoid]

$3.6k isnt that much, my car repayment is $650 a month which is fk all as i tipped in up front to bring it down where i wanted it to be, but i'd say that's a similar payment to most families with a falcadore or ss etc, and then add in all your bills and what not i wouldnt call 3.6k a lot but hey its all relative to what your used to and lifestyle you desire. Anyway i'm thankfully not at that level so its largely irrelevant just sayin i wouldnt call it comfortable.

Not everyone is paying off a car... I've never owed money on any car I've owned, same with a lot of friends even back to when we got outta high school! We all worked / purchased outright. $650/month paying off a depreciating asset is a f**ken lotta money

[xALmoN]

dat house talk hey?

and talking about expenditures, i reckon i spend too much on food. LOL

[Birds]

Everyone's gonna have different lifestyles and therefore a different idea of what is and isn't a lot of income/expense. Your lifestyle also usually changes as you earn less or more, so people on six figures can still wind up in the shit - sometimes more easily. People do get by comfortably on minimum and people do struggle on hundreds of thousands...so I think personality, intelligence and experience have more to do with getting by / living within means than the actual income figure (within reason).

My main point here is whether you are cutting it fine for payday or not. I know people who go out and get shitfaced each weekend, then say they can't come to something cause they have no money - useless pricks. Whether this person is on 50k or 100k, they are bad at budgeting (or lying) and the kind of person who will struggle under a mortgage. On the other hand, there are people like me who have had shitty wages, but were saving 90% of our income (albeit living at home and paying bills) because we have that squirrel mentality that saves your ass when shit hits the fan.

[Leroy Peterson]

what is with people and squirrels lately... have heard at least 2 people refer to secret squirrel in the last few days

[joeyjoejoejuniorshabadoo]

Not sure if aware of vic wasteland 'subtle' meme

I won't ruin it by explaining

/unsubtle

[HEKT1K]

/unsubtle

Correct, I am no longer able to make subtle comments

/subtle

[Odium]

I've not been reading much - missed about 4 months so the other day i just stared from the current page, sif read 2,000 pages.

You.

Didn't.

Miss.

Much.

[(OO)SKYLINE(OO)]

Oh wow nearly @ 100,000 profile views.

You should get a trophy made up for that when the SAU End Of Year Meeting Trophy Presentation is on.

Do it for the LOL's!

[kaitoukid]

SCA 20% off this Sat (tomorrow).

[xALmoN]

what is with people and squirrels lately... have heard at least 2 people refer to secret squirrel in the last few days

unless you only have 10 friends, 2 is not a significant sample size brah.

[Birds]

Correct, I am no longer able to make subtle comments

/subtle

My missus is way more subtle than you or I could ever hope to be

[Mohsen]

Ash when are you going to measure those buns of yours?

[HEKT1K]

My missus is way more subtle than you or I could ever hope to be

I'll inform you as to the subtlety of my missus when I acquire one

[Down_Shift]

SCA 20% off this Sat (tomorrow).

Dam, could have saved $5 or so on windscreen wipers and refills.

[alr33x]

Not everyone is paying off a car... I've never owed money on any car I've owned, same with a lot of friends even back to when we got outta high school! We all worked / purchased outright. $650/month paying off a depreciating asset is a f**ken lotta money

granted, however what price cars are you buying? Also I guess im lucky that i can claim car expenses through tax so softens the blow drastically.

Even if you got 100k laying around you wouldn't buy a car with it as its a waste of the opportunity with the money, better to invest it and just make the necessary repayments.

I think you'd find majority of people with late model cars don't own outright either through mortgage or car finance etc.

[Plattsy]

yea. also. not everybody's mummy and daddy are rich.

Edited July 19, 2013 by Plattsy