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Author Topic: Budget Budget Budget  (Read 7544 times)

Offline jeanekaren

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Budget Budget Budget
« on: March 29, 2011, 10:10:05 am »
Morning all

I'm trying to make sense of the budget issue. I had a look this morning at tax on salaries. I used NZ$ 70, 000 as a benchmark. Annual tax on that is NZ$22,533. This leaves $47, 467, or NZ$912 per week. According my calcs that is impossible to live on. I based it on the following:
Rent: 400
Food: 192
Energy: 42
Household expenses:55
Clothing: 43
Transport 160
Total: 892

That leaves $ 20 for school and nothing else. Could somebody please indicate whether I am way off on this?

Thanks

Offline thombatt

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Re: Budget Budget Budget
« Reply #1 on: March 29, 2011, 11:06:21 am »
..
« Last Edit: September 04, 2013, 07:54:28 pm by thombatt »

SA Going to NZ Advice Forum

Re: Budget Budget Budget
« Reply #1 on: March 29, 2011, 11:06:21 am »

Offline Chan in Wellington

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Re: Budget Budget Budget
« Reply #2 on: March 29, 2011, 11:27:55 am »
Oh my...and I thought we had to count our pennies in SA!!!
'The only difference between a rut and a grave, is the depth'.

Offline jeanekaren

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Re: Budget Budget Budget
« Reply #3 on: March 29, 2011, 12:02:06 pm »
Hi Thombatt

Thank you for that feedback. I thought it was a bit too tight. Although, even with the $14k tax it is not a walk in the park. Now I have to find out what daycare, creches and schools cost.

Regards

Offline Mongrel Mobster

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Re: Budget Budget Budget
« Reply #4 on: March 29, 2011, 08:04:41 pm »
We live on less than that a week and save some money with no worries. Ok we don't have children!
« Last Edit: March 29, 2011, 08:07:27 pm by Edwin »
Kind regards,

Edwin



Offline magusta

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Re: Budget Budget Budget
« Reply #5 on: March 29, 2011, 08:59:01 pm »
 :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn:

Offline Tui

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Re: Budget Budget Budget
« Reply #6 on: March 29, 2011, 09:11:00 pm »
:popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn: :popcorn:


 :2funny: :2funny: :2funny: yip, we have to watch our pennies like no tomorrow as well - but we would not want it any other way! Some nights we have eggs on toast/chips when things are tight. We just 'scrap by' where as in OZ, we, I must admit where better off financially - but love this Country SO much - and that means everything to us.... O0 and loads of popcorn in our cupboards - for 'just in case' ;D

x
~ Until one has loved an animal, part of their soul remains unawakened~

SA Going to NZ Advice Forum

Re: Budget Budget Budget
« Reply #6 on: March 29, 2011, 09:11:00 pm »

Offline magusta

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Re: Budget Budget Budget
« Reply #7 on: March 29, 2011, 10:08:58 pm »
nah, i'm sitting back having some :popcorn: and watching the thread/show play out

Offline Tui

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Re: Budget Budget Budget
« Reply #8 on: March 29, 2011, 10:10:15 pm »
nah, i'm sitting back having some :popcorn and watching the show


 ;D  O0


x
~ Until one has loved an animal, part of their soul remains unawakened~

Offline Gypsymom

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Re: Budget Budget Budget
« Reply #9 on: March 30, 2011, 12:27:12 am »
nah, i'm sitting back having some :popcorn: and watching the thread/show play out

 :2funny: :2funny: :2funny:
url=http://www.TickerFactory.com/]

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Offline Shirls

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Re: Budget Budget Budget
« Reply #10 on: March 30, 2011, 04:53:59 am »
No doubt every household is different, but to give you a guesstimate, here is ours:

Hubbys Income - $850 p/w
Me - $750 fornight

Rent - $320 p/w
Daycare for 1 toddler - 7 hours a day 5 days - $145 incl meals
Food - $180

Phone - $120 p/m
Power - varies according to season - but $150 p/m  is average for us
Cell phones - pay as you go - $40 p/m
Sky tv - $76 p/m
Petrol - $160 p/m
Insurances - $150 p/m - car/ household/ life
Cat food - $55 p/m

We generally save my income, and shop around for things like nappies and beer! Who ever has specials is where we go.

Offline jeanekaren

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Re: Budget Budget Budget
« Reply #11 on: March 30, 2011, 06:29:11 am »
Hi Shirls

This gives a good indication, thank you. I see nobody has mentioned medical aid yet. Do migrants qualify for state medical immediately, or is that counted under insurances?

SA Going to NZ Advice Forum

Re: Budget Budget Budget
« Reply #11 on: March 30, 2011, 06:29:11 am »

Offline magusta

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Re: Budget Budget Budget
« Reply #12 on: March 30, 2011, 07:05:35 am »
ask the 'dental' option question!!

Offline SusanJ

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Re: Budget Budget Budget
« Reply #13 on: March 30, 2011, 07:22:52 am »
Hi Shirls

This gives a good indication, thank you. I see nobody has mentioned medical aid yet. Do migrants qualify for state medical immediately, or is that counted under insurances?

We have basic health insurance through my work which covers private specialists fees etc.  - I have no idea what it costs.  get a quote here: http://www.southerncross.co.nz/society/buying-health-insurance/online-quote.aspx

People with PR and those with WP's (I think 2 years up) qualify for public health care.

Dentistry (to answer Magusta's question) is very expensive but is covered under some health insurance plans.  I didn't have dental cover in SA and it cost me an arm and a leg too.  Kids under 7/8 (i think?) get free dental care.
07/10/2009: EOI Submitted (TICK)
08/10/2009: EOI selected from pool (TICK!)
19/11/2009: ITA received (TICK!)
25/11/2009: ITA submitted (TICK!)
20/05/2010: PR granted (after waiting 2 months for a police clearance!)
27/05/2010: Passports submitted
02/06/2010: Passports returned - YAY!!!!!

Offline magusta

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Re: Budget Budget Budget
« Reply #14 on: March 30, 2011, 07:32:54 am »
dental - some quotes $500 pm. root canal +- $1500.  ???