Advice and Support for South Africans Immigrating to New Zealand

South Africans Going To New Zealand

Author Topic: Budget Budget Budget  (Read 7658 times)

Offline SA3001

  • Certified Addict
  • ******
  • Posts: 1506
Re: Budget Budget Budget
« Reply #15 on: March 30, 2011, 07:45:04 am »
We had the highest option medical plan with Discovery in SA and even then we ran out of funds each year after paying for dentistry – son had braces and I had a few issues.  Dentistry is always expensive no matter where you are.  I read somewhere on the public healthcare site that all basic dentistry for kids 18 and under is free.  What that means, I don’t know.  Assuming check- ups. 

Here’s our weekly budget, but excludes rent as it is a big variable depending on where you live etc. We are 2 adults, 1 teen, 1 preschooler.

Gas and power $150
Groceries incl. toiletries $230
PORSE and Kindy $222
High school – nothing except small amount at start of the year
Transport for me based on train fare 5 days a week $61 – I live 50km from work
My car - $10 which is fuel and I don’t use it much so a tank lasts me more than a month
OH car – $0 - company car and fuel (this saves us a lot)
Insurance for my car $10
Entertainment $50
SKY $76
Phone & broadband $26 – Telecom total home package (40G) $105 pm
Incidentals $25


Offline Zubair

  • Newbie
  • *
  • Posts: 2
Re: Budget Budget Budget
« Reply #16 on: April 02, 2011, 10:12:17 am »
If you earn $2000 after tax a week, you are God.

If you earn $1500 after tax a week, you are very comfortable

If you earn $1000 after tax a week, you will be touch and go (IMHO).

Its all relative, how many kids, standard of living etc

Also remember : no security guard, ADT, electric fence, driving for hours to work, no maid, no medical aid so life becomes cheaper.

SA Going to NZ Advice Forum

Re: Budget Budget Budget
« Reply #16 on: April 02, 2011, 10:12:17 am »

Offline SA3001

  • Certified Addict
  • ******
  • Posts: 1506
Re: Budget Budget Budget
« Reply #17 on: April 02, 2011, 08:50:54 pm »
Also remember : no security guard, ADT, electric fence, driving for hours to work, no maid, no medical aid so life becomes cheaper.

And no exhorbitant school fees  :clap:

Offline Anna007

  • Sr. Member
  • ****
  • Posts: 342
  • Browns Bay, NZ
Re: Budget Budget Budget
« Reply #18 on: April 05, 2011, 12:53:55 pm »
Quote
Its all relative, how many kids, standard of living etc
too true  ;D

if you think its "cheap" to live here (we live on the North Shore), please think again, its really not "cheap"  ::)
"What we see depends mainly on what we look for"

Offline expat

  • Jr. Member
  • **
  • Posts: 72
Re: Budget Budget Budget
« Reply #19 on: May 21, 2011, 08:01:22 pm »
cheap it is not and never will be -  very occassionally depending on what you do you could end up better off fianacially but that is the exception.
However I want to touch on another aspect that is fascinating - the concept of average /mean salaries and living expenses as published in NZ are really unknown in SA - suppose just to diverse.
it is interesting how members are willing to share their earings ane expenses openly with other forum members while I am sure it was an unheard of thing in SA??
I have  on other thread suggested members indicate what there earinings were and their expenses and add a subjective comment on how it compares.
in early 2008 I was earing about R800k in sa and started with $72k in NZ and my summation was i was earing 50% of what I was earing in SA and on average everything was twice as expensive so we were iliving effectively on a quarter!!  Wife excluded out of equation as she had not yet found work when we returned.
any comments?
« Last Edit: June 19, 2011, 06:12:42 pm by expat »

Offline Heaven

  • Sr. Member
  • ****
  • Posts: 414
Re: Budget Budget Budget
« Reply #20 on: June 12, 2011, 10:56:05 am »
You're right - we never seem to discuss our SA salaries. Maybe its because its difficult to compare apples with pears or grapes?

In SA its tooth and nail to get to the top and take home a fat paycheck - to me it seems like the only way we can console ourselves from the horrible side of SA is to have that fat paycheck - it pays for a spacious home, loads of luxuries to furnish it and the exorbitant security costs that go with protecting ourselves and our homes. We live in isolation from our neighbours and communities by virue of the razor wire and high walls that separate us.

We pay half our salary to send our kids to top private schools because we understandably have come to question the standard of education in state schools and its also a symbol of worth in SA. We're lucky if we can then afford that luxurious family holiday where we once again head for beautiful locations that we can only truly appreciate from the comfort of the high security hotel / lodge / resort we're staying in.

Maybe a bit of exaggeration on my part, but fundamentally, its true.

In NZ there's no need for consolation and isolation. It's a completely different ball game. There aren't really any status symbols as such and even people who can afford those serious luxuries are more than happy to associate themselves with lower income earners. In my experience its an open, honest and unpretencious environment. Yes, you get people who are insecure and scared of change, but that can be expected from people who live in a country where things don't change too often or too rapidly (except for the unpredictable weather and natural disasters.)

I don't know what other think, but to me, money can't buy the lifestyle that NZ naturally offers. I'm also very fortunate that my salary in SA is now a sixth of what I was earning 6 years ago, so I've learned to live on the tightest of budgets! I'll be earning moderately well in NZ (pray my paperwork is fine), so I hope I'll stick to my plan and keep to my 'tight' budget so I can save some for my folks to visit every Christmas.

02-04-2011 - Landed in NZ for LSD
22-07-2011 - 5 year WP issued
18-08-2011 - Moved to NZ
21-09-2011 - EOI submitted & selected
21-03-2012 - Residence Approved
16-04-2014 - Permanent Residence Approved

Offline SA3001

  • Certified Addict
  • ******
  • Posts: 1506
Re: Budget Budget Budget
« Reply #21 on: June 12, 2011, 09:42:02 pm »
Very well said almost_heaven  O0  Our priorities have changed drastically since we arrived and I don't miss all the pretentious luxuries one little bit compared to what we have gained here.  I would eat baked beans on toast every day if I had to just to stay here  :) 

SA Going to NZ Advice Forum

Re: Budget Budget Budget
« Reply #21 on: June 12, 2011, 09:42:02 pm »

Offline Tui

  • Certified Addict
  • ******
  • Posts: 1670
Re: Budget Budget Budget
« Reply #22 on: June 12, 2011, 10:34:08 pm »
Very well said almost_heaven  O0  Our priorities have changed drastically since we arrived and I don't miss all the pretentious luxuries one little bit compared to what we have gained here.  I would eat baked beans on toast every day if I had to just to stay here  :)


Here, here SA3001 :clap: we too do not have luxuries anymore - living here in NZ has all the luxuries we could possibly have asked for!!

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

Offline lappiesm

  • Jr. Member
  • **
  • Posts: 53
Re: Budget Budget Budget
« Reply #23 on: July 14, 2011, 08:30:09 am »
Hi All
New to the Forum.
Received a call last thursday, after all the interviews etc..... I was the fortunate one selected for a post in Auckland police as I am in a specialised field. Will be following the Work to Residence accredited employer route.
Fortunately I have already started with most of the paperwork. Had to send throught my Pol Clearance before they can send me my formal job offer. All indications are that I will be receiving an offer of min $70 000 but it can be higher. From what I read we should survive until my wife can also find a work. She is in IT and also have a diploma in education.
I have 2 kids 7years and 2mnths. Any startup suggestions for us.  :clap: ;D
2011-09-02 EOI launched.
2011-09-07 EOI selected
2011-09-15 ITA Received
2011-10-17 ITA to London.
2011-11-23 PR approved.
2011-11-29 Passports received.
2012-01-17 Flights booked
2012-02-01 Start new job

Offline zatexnz

  • Wizard
  • ****
  • Posts: 5036
  • Hamilton, NZ
    • Colorific Photography
Re: Budget Budget Budget
« Reply #24 on: July 14, 2011, 10:27:03 am »
HI and :welcome: to the forum, Lappiesm!

Your salary is a good one by average standards here in NZ.  That is what we were earning here when we first arrived.  We are a family of 4 ourselves, with school-aged children, and were able to afford sending our kids to a semi-private Christian school on arrival here.  We have been living on a single income all this time.  It can be done, if you live frugally and eat healthily (i.e. cut out the junk foods).

An average budget would look something like this (and should work on what you'll be earning)
rent (4x 450) 1800
electricity
up to 300 in winter
this includes using the dryer
all the time!
200
petrol 2x cars200
groceries1200
broadband/phone
ours is thru worldxchange
120
insurance
2 good cars + house
120
cellphones x2
pay as you go
40
entertainment100
savings /
unexpecteds
200
Total$3980
   

of course, you have to remember that some months have 5 weeks, so keep that in mind, and don't blow your savings, because you'll need it for that extra week's rent!

If you can, bring over a few extra $k to buy cars cash.  You don't want to buy this on HP here, you'll get screwed!
So buy a car for about $3000-$5000 and save for a better car later.
Of course, if you're putting the little one in daycare so wife can go work as well, it will be more, but then her salary can cover that... but I would very strongly suggest that you try to rather have your wife stay at home for as long as possible with that baby... perhaps until he/she is old enough to go to school - for the child's sake it's so worth it not dropping them off with strangers during those first years.  (that's just my very opinionated opinion!  ;) )

Hope this helps!
lekker sweet as, y'all
~ Colleen

Offline glock22

  • Newbie
  • *
  • Posts: 5
Re: Budget Budget Budget
« Reply #25 on: July 14, 2011, 02:53:04 pm »
Just out of curiosity, it sounds like most are leaving SA with a 0 net worth or am I missing something here? :confused:  :confused:

From my comparative online shopping expedition I'm seeing much lower prices on cars in NZ, same prices for white appliances and groceries, houses are more difficult (can't gauge the location) but appear generally more expensive for effectively less.

Feel free to correct me if I'm mistaken   ;D

Offline 2GatJakkals

  • Full Member
  • ***
  • Posts: 128
Re: Budget Budget Budget
« Reply #26 on: July 14, 2011, 05:36:06 pm »
If you can, bring over a few extra $k to buy cars cash.  You don't want to buy this on HP here, you'll get screwed!
I have noticed that cars are much cheaper in NZ than SA.  I have also heard that it is not a good idea to buy cars on HP in New Zealand, like everybody does in South Africa.  What would the reason for that be?  Why do Kiwi's not buy cars on HP?
EOI selected Sept 2011, ITA received Oct 2011, ITA submitted 23 Feb 2012.
Job offer received 10 Apr 2012, Applied for WP 16 Apr 2012, WP issued 24 May 2012, Wife started working in Wellington 1 June 2012.
PR approved 18 July 2012, House in Pretoria sold Oct 2012, Arrived in NZ 1 Dec 2012

SA Going to NZ Advice Forum

Re: Budget Budget Budget
« Reply #26 on: July 14, 2011, 05:36:06 pm »

Offline lappiesm

  • Jr. Member
  • **
  • Posts: 53
Re: Budget Budget Budget
« Reply #27 on: July 18, 2011, 11:43:22 am »
Thanxs zatexnz that gives me a good idea what to expect. I am sure we will survive and you are not the first to indicate that my startup salary is actually not too bad in NZ terms. Fortunately we are used to live life on an average level and have never been part of the top salary structure in SA. So if it has to be baked beans on bread (SA3001) for a while we ill survive.
2011-09-02 EOI launched.
2011-09-07 EOI selected
2011-09-15 ITA Received
2011-10-17 ITA to London.
2011-11-23 PR approved.
2011-11-29 Passports received.
2012-01-17 Flights booked
2012-02-01 Start new job

Offline zatexnz

  • Wizard
  • ****
  • Posts: 5036
  • Hamilton, NZ
    • Colorific Photography
Re: Budget Budget Budget
« Reply #28 on: July 18, 2011, 12:26:01 pm »
If you can, bring over a few extra $k to buy cars cash.  You don't want to buy this on HP here, you'll get screwed!
I have noticed that cars are much cheaper in NZ than SA.  I have also heard that it is not a good idea to buy cars on HP in New Zealand, like everybody does in South Africa.  What would the reason for that be?  Why do Kiwi's not buy cars on HP?

I'm now speaking from my own observation and what I know:
NZ doesn't manufacture it's own cars.  They import everything.  You can buy "NZ New", i.e. a car that was sold brand new for the first time IN NZ.  Most cars though, are imported second-hand from Japan.  Japan has a few strange laws that you may not drive a car there on the roads that is older than 10 years, plus there's some sort of road-usage fee that goes up the older the car is.  SO, therefore they sell their cars pretty quickly, and NZ snaps them up.  These cars, as you have already observed are generally very cheap. 

I just checked to see what average salaries are going for in SA.  Let's say it's about R200,000.  To buy a really small car, like the Toyota Yaris, new, that price is very close to a year's salary.  Whereas the average salary here in NZ is around $55,000 and that same Yaris goes for around $20,000, less than half your annual salary.  Take into consideration that a car here is not so much a status symbol as it is in SA, you find people here are not so bent on owning a new car.  Most people buy the used-imported Jap cars, which are way cheaper, and therefore far easier to save up for and pay for cash. 

Unlike America, where people live on credit (and it seems many in South Africa too), here in NZ, people live way more simply and frugally, and are happy to buy used stuff.  Therefore they don't need to buy on HP.  One can get a car that goes reasonably well for just a few $k.  Why buy that on HP? 

I may also be wrong here, but don't most South AFricans who buy their cars on HP, also get those cars as part of their salary package (i.e. company cars)?  And therefore it's way easier to buy on HP there... I can just tell you this - if you do the maths, buying a car on HP in South Africa is also not a very good financial move.  :whistle: :)
lekker sweet as, y'all
~ Colleen

Offline frodo/maya

  • Certified Addict
  • ******
  • Posts: 1882
  • North Shore
Re: Budget Budget Budget
« Reply #29 on: July 18, 2011, 09:11:50 pm »
Just remember it also depends on where you stay, the rent on the Northshore is quite expensive and I would suggest that if that is your choice you should budget for about $500.00+pw for a 3 bedroom house. As soon as a house have 2 bathrooms that is what you will pay.

Only my 3c worth  :D