This is my pity party vent for the week so go with me on this one.
First off I am very, very grateful that DH and I both have decent secure jobs, a roof over our head, heaps of food and can generally pay our bills. I know we are FAR better off then many others and I really do appreciate all we have and how blessed we are.
BUT FAR OUT, IF I GET ANOTHER BILL IN THE MAIL I THINK I AM GOING TO LOSE MY SH1T.
It's just insane, it stresses me out and I try to be calm and take it one week at time but holy moly I feel like we are drowning. I remember being younger and having heaps less money and also heaps less expenses. We just rented a apartment in the city and had no cars. We basically had rent, food and day to day expenses.
Now, I feel like the more we push ourselves to achieve more the worse of we tend to be. I feel like you reach a level where as the working class your income increases margianlly while your expenses increase expedenically.
Does anyone else feel like this?
In the last 6 weeks I have had a tonne of our annual bills turn up - I know they are coming its always like this this time of yr. But it seems each yr that goes on we add more and more bills but our wage doesn't increase. Sometimes I feel like we would better off on a lower income, doing less stuff and getting some support from C-link - some heathcare cards/concession etc. The extra work we do cost alot and doesn't seem to increase our income atm.
As an aside I am trying to budget better, I do know we can skim the fat on our spending and where we can do it. But I am wondering if our compulsary bills are on par with other working class families. I would love to know I am not alone. I need some motivation that other ppl in a simliar situation to us have a light at the end of their tunnel.
So this is us approx:
DH self employed company and sole trader
- Mortgage - $30,000pa
- Home + contents insurance (hobby farm w public liability) - $1400pa
- Rates - $1500pa
- Car insurance x 2 cars -$1200pa (we rural no option of 1 car/pt)
- Car rego x 2 cars - $1000pa
- Power bill - $1500pa
- Internet/mobile - not essential I spose but we not getting rid of them - $2000pa give or take
My small business that I do in addition to my full time job
- ASIC business license x2 - $400pa
- public liabilty - $500pa (increasign next yr)
- insurance of equitpment - $1500pa
- personal life insurance - $3600pa
- ASIC business license - $200pa
- Food license - $800pa
- Public liability ins - $500pa
Thats around $48,000 that doesn't include medical, petrol, presents, clothes, dentist etc. We are just about to get PHI as well because we think we really need to be covered.
- Personal taxes - $250pa
- Family trust - $500pa
- Company trust - $500pa
- Other odds and ends - $200to$500pa