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  1. #1
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    Default Moving out.. Help?

    So in a few short months my lease is up on my current accommodation, I live on campus at uni. I'm currently researching prices for places for me and BF to move in together. However, I currently only have to pay for rent and Internet. Everything else is included. What types of bills do I need to factor in while budgeting? Eg. Electricity, Internet

    How much do you think I wil be looking at paying for these bills?
    Thought I'd ask you guys as you have the life experience and your heads screwed on, and you pay bills.

    I asked mum and dad but there parents of 9 kids lol so it's been a while since it was only two of them, as you can imagine their bills are massive

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    Internet, gas ( if property has gas), water, electricity, gardening - really depends on the property

    We put away $130 a fortnight for gas electricity and water

    Internet depends on ur plan but id say around 60 a month



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    Quote Originally Posted by SoThisIsLove View Post
    Internet, gas ( if property has gas), water, electricity, gardening - really depends on the property

    We put away $130 a fortnight for gas electricity and water

    Internet depends on ur plan but id say around 60 a month



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    Thanks for your help.

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    No worries feel free to ask any other questions

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    I would start putting 50-100 away per fortnight if you can afford to. Even knowing you have a safety net for bills is good and its easier to get one up and running if you dont have to pay the bills quite yet.

    Anyway bills for rentals:
    Water
    Rates(I think?)
    Power
    Gas
    Internet
    I budget about 50 each per fortnight (so I drastically over budget just to make sure im always ahead. Youd probably get away with 25 each for two people though)

    Rent

    And this is where I find including them as bills make budgeting a bit easier.

    Food 175 p/f for 3 adults
    Transport (pt or petrol) 40 p/f for pt and 40 for petrol
    Car servicing/insurance/repairs/rego (if you have a car) 50 p/f
    Savings 50 p/f
    Mobile phones 80p/f for both dfs and my plans.

    Have a seperate account for the quarterly bills (water, rates, power, gas) and one for normal savings and one for car bills. I have a jic fund too which is another account again.

    I find I like to have a months worth of bill payments in savings just in case one month is tight, etc.
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    I too find it v helpful to have different accounts, so once you're paid you can divvy up cash straight away to "put aside" for bills.

    Some companies (electricity & gas come to mind) will provide an option to make small regular payments (think weekly/fortnightly) and that's MUCH nicer than getting a big bill every few months!!

    Good luck

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    SoThisIsLove  (03-08-2013)

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    You don't pay rates in rentals.

    My expenses are rent, phone/net/mobile $65 fn, gas and electricity $90 fn, fuel $60 fn, Insurances $30 fn. Groceries around $100-$150 fn (1 adult 2 kids plus pets).

    I have an account for bills/savings and I put $400 a fortnight into it so there's always money for bills or car repairs etc.

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    I'm so confused haha

    Work mates told me to budget $40 each per week EACH PERSON for water/gas/electricity is this way too much?
    Considering he is an 4th year apprentice (10 hour days 5 days a week) and I'm a full time student/full time baggage handler (uni 3 days, 12 hour shifts other 4)

    I can't imagine we will be using that much utilities
    Last edited by Bobbielouise; 03-08-2013 at 12:20.

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    I wouldn't think that's too much but it'd depend on how much time you'll spend at home.

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    It's hard to say cuz a lot if it will depend on how much you use....it'll probably take a few months to get a good idea of any patterns. Try and save as much as you can, and if you ever have money left over - that's a good thing! You could always use it to treat yourselves to something or put it in another savings account....


 

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