I am meant to be moving from Brisbane to Sydney in January next year. I had prepared everything about the move, found a perfect school for my son, arranged a transfer with my work and had just brought a new car as I will need it to travel to work. However I have just been through my budget again and even though I searched hard to find a good car in my budget I can see that I will be struggling financially if I move.
I will end up with between $40- $100 left a week after all bills have been paid (including food). I have gotten very use to having a lot of disposable income so to me this seems ridiculous and is now making me really question my choice to move.
I have wanted to make this move for over 3 years now, I have worked hard at my job to get approved for a transfer and bargained with my DS Dad to allow him to let me move but now I am really starting to doubt my choice.
I am also in the middle of studying so in about 18 months it will get better as I will be fully qualified and will be able to make more money but my concern is the first 18 months. Is it fair on my son to move him if for 18 months we may be eating baked beans on toast so we have more than $50 for the weekend?
I really want to make this move but I am so concerned that it will be a bad choice if I am scraping the bottom of the barrel money wise.
Any advise would be greatly appreciated.