KIRK AND CO Posted July 27, 2013 Share Posted July 27, 2013 It is so upsetting when you read threads of families going out with hardly any budget & with the mindset oz is a savour for them. I know this will be boring to do but you have to save save save do research till it is coming out of your ears, your family is so precious why blow it by rushing it. Will admit I saved a 6 figure some to go but left it to late so you can take it too far. Link to comment Share on other sites More sharing options...
dmjg Posted July 27, 2013 Share Posted July 27, 2013 I half agree. Most people under 30 would find it nigh on impossible to fund 6 figures, even with a house sale. Elder people may have more funds released as they would have paid a much large % off their uk mortgage. But that will balance itself in Australia as younger people will have longer to pay off the mortgage in their 'new life' than the older ones will. Plus most property funded money you bring over will be saved to pay more off a mortgage in Australia anyway. It will not be used to fund set up costs. Swings and roundabouts really. If you have a job lined up and container paid for with all your possessions, the amount needed will be a lot lower. I agree about the research, even if it's just to get an idea of where basic things are located around your preferred area. I had a short term job and the oh had 2 interviews lined up before we left the uk mid 2009. She started after 2 weeks, I started after 1 month (new school term). Our $15,000 funded a 2 bed unit for 2 months (and bond), a new tv, new outdoor furniture, food and living costs, and 4,000 deposit on a new car. We spent about $12,000 of that before our first pay cheque a month later. We could have not spend $5000 of that, but we had the cash and wanted the stuff, work was starting, etc, so hey ho. However we didn't have to pay car rental at the start, basic furniture or landing accommodation. Me being a returned Aussie, we borrowed a car off family for the first two weeks, stayed with my parents and dug out my old kitchen stuff from my bachelor days pre 2000. I guess that saved us about $5000 or so. Kmart is fantastic for new arrivals! It too us a year of living in a tiny unit to save the $30,000 or so required to buy our own place. If you come here and spend the 6 figures setting up without saving most of it to knock a portion off a mortgage, in my opinion, you're nuts. Link to comment Share on other sites More sharing options...
Rupert Posted July 27, 2013 Share Posted July 27, 2013 I also half agree. I saw a post recently, somebody panicking because they brought the family over and have been here for four weeks with no sign of work yet. I think it is best to be prepared for more than a few weeks without work when bringing a family over especially, but still I don't think six figures is necessary. Link to comment Share on other sites More sharing options...
KIRK AND CO Posted July 27, 2013 Author Share Posted July 27, 2013 I also half agree. I saw a post recently, somebody panicking because they brought the family over and have been here for four weeks with no sign of work yet. I think it is best to be prepared for more than a few weeks without work when bringing a family over especially, but still I don't think six figures is necessary.I did not say 6 figures was necessary I just took it too far & way over the top. Link to comment Share on other sites More sharing options...
Rupert Posted July 27, 2013 Share Posted July 27, 2013 I did not say 6 figures was necessary I just took it too far & way over the top. Chill, was just commenting. Link to comment Share on other sites More sharing options...
nikki244 Posted July 27, 2013 Share Posted July 27, 2013 I agree. I think that unless a person has a definite job to go to, that it is wise to have at least six months' cost of living in savings just in case jobs etc don't work out that quickly, especially if a person has children going with them etc. Admittedly it's not much fun to see savings disappearing, but it's better that than having to give up on the dream of living in Oz and having to go back after a couple of months (again, at more expense) because there are not enough savings to tide one through. It costs big bucks to move country and get set up in a new place, so to have some savings in reserve is only sensible. Link to comment Share on other sites More sharing options...
Guest51810 Posted July 27, 2013 Share Posted July 27, 2013 If i ever make the move i most likely wont have much to bring! Always better to bring as much as possible obviously but like kirk said - sometimes you can wait too long Link to comment Share on other sites More sharing options...
dmjg Posted July 27, 2013 Share Posted July 27, 2013 I did not say 6 figures was necessary I just took it too far & way over the top. Is this a common behaviour trait? Link to comment Share on other sites More sharing options...
fifi69 Posted July 27, 2013 Share Posted July 27, 2013 No way could we have ever have saved anywhere near that and that's with us both having decent jobs in the UK. Wouldn't have wanted to put my life on hold for that long while saving either. Thank God for the 457. Which meant our 5000 pounds savings were enough to get us here, paid for our bond and the basic furniture when we arrived. Link to comment Share on other sites More sharing options...
KIRK AND CO Posted July 27, 2013 Author Share Posted July 27, 2013 Chill, was just commenting.no chill you can twist a thread and it changes direction & most of the time negatively. Link to comment Share on other sites More sharing options...
KIRK AND CO Posted July 27, 2013 Author Share Posted July 27, 2013 Is this a common behaviour trait?yes but a nice one lol Link to comment Share on other sites More sharing options...
newjez Posted July 27, 2013 Share Posted July 27, 2013 You should have 6 months cost of living savings regardless of whether you are moving or not. So many people are ledge dwellers these days. One crisis away from a disaster. Link to comment Share on other sites More sharing options...
AJ Posted July 27, 2013 Share Posted July 27, 2013 To bring a family over with no job and only enough money to do a month or so is totally irresponsible! Link to comment Share on other sites More sharing options...
KIRK AND CO Posted July 27, 2013 Author Share Posted July 27, 2013 To bring a family over with no job and only enough money to do a month or so is totally irresponsible!We must read the same thread did all the feelings of why did you not think of your family but if I was single who cares just go. Link to comment Share on other sites More sharing options...
Flathead Posted July 27, 2013 Share Posted July 27, 2013 But then you also have posters on here constantly banging on about how good the economy is, how high the wages are, how work is plentiful etc.etc. Not surprising a few people fall for it Link to comment Share on other sites More sharing options...
Guest51810 Posted July 27, 2013 Share Posted July 27, 2013 I'd be quite worried about bringing kids too, i imagine its a lot harder. If i ever go then i'll most likely be living on cheap noodles for a month lol, but i'll be myself so it doesnt matter so much. If i had kids i'd definitely want to make sure i had plenty money for any emergency Link to comment Share on other sites More sharing options...
KIRK AND CO Posted July 27, 2013 Author Share Posted July 27, 2013 But then you also have posters on here constantly banging on about how good the economy is, how high the wages are, how work is plentiful etc.etc. Not surprising a few people fall for it I am only guessing you mean me sorry if I got it wrong but I have never done this about oz, UK yes but will admit not the right thing to of done as was upsetting for some so sorry for that but I hope I have changed for the better. Link to comment Share on other sites More sharing options...
Guest51810 Posted July 27, 2013 Share Posted July 27, 2013 I am only guessing you mean me sorry if I got it wrong but I have never done this about oz, UK yes but will admit not the right thing to of done as was upsetting for some so sorry for that but I hope I have changed for the better. He didnt mean you. Link to comment Share on other sites More sharing options...
Flathead Posted July 28, 2013 Share Posted July 28, 2013 I am only guessing you mean me sorry if I got it wrong but I have never done this about oz, UK yes but will admit not the right thing to of done as was upsetting for some so sorry for that but I hope I have changed for the better. Not you.....I am talking about some posters who constantly big up Australia despite never even living there in some cases:laugh: Link to comment Share on other sites More sharing options...
Que Sera Sera Posted July 28, 2013 Share Posted July 28, 2013 I'm not sure that having a job to go to is always the saving grace though. They can withdraw that job offer, even on s 457 anytime. Greed is what makes a lot of people struggle. I've seen couples come over and within weeks get cars on finance, fridge freezers massive tellys. You can do it on a budget but expect to live within that budget. Link to comment Share on other sites More sharing options...
Guest Ptp113 Posted July 28, 2013 Share Posted July 28, 2013 But then you also have posters on here constantly banging on about how good the economy is, how high the wages are, how work is plentiful etc.etc. Not surprising a few people fall for it Poms are gullible creatures.... Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted July 28, 2013 Share Posted July 28, 2013 It's only hard if you come over with the belief that it's like a soap opera here and jobs just land at your feet and every day is glorious, was it like that from where you left? I doubt it so why think here is any different, you will need some money and you will need to realise very quickly that what you have managed to bring across will not last that long, we was lucky with house sale and had saved for years before we finally got on the plane, we had accommodation set up before we flew out. The job thing happens differently here also, it takes an eternity to get replies most of the time you get nothing. Also think about your skill set, it might not be 'ok' within the Aussie system and you could well be looking at retraining to survive and assimilate into a different culture, this is not home and away by a long shot. Link to comment Share on other sites More sharing options...
Joebloggs Posted July 28, 2013 Share Posted July 28, 2013 I consider myself in a very very good position here in Sydney, I honestly enjoy my job, it pays obscenely well and I only live 5 mins from the office. I also have my own house and my beautiful wife recently just had a baby and we are lucky to be in the position for her to be a stay at home mum and won't be returning to work. Considering I only arrived on my own aged 29 on a WHV and £3500 ($8K) have plenty of friends who did the same 457 and PR route. I have a friend who had to do one of these medical trials for smoking and Viagra to raise the money for his flight and WHV 10 years ago, he is now married with his own business and owns 3 houses. The one thing we all had in common is we were all single, easier to take risks when you it's just yourself. If I had to do it again today with a family I would definitely not see myself make it. Link to comment Share on other sites More sharing options...
Quoll Posted July 28, 2013 Share Posted July 28, 2013 You should have 6 months cost of living savings regardless of whether you are moving or not. So many people are ledge dwellers these days. One crisis away from a disaster. Absolutely! That's what Suze Orman says! Link to comment Share on other sites More sharing options...
tonyman Posted July 28, 2013 Share Posted July 28, 2013 I thought it was a terrible series myself ........ ..............we were lucky as in the uk we bought and sold houses at a good profit so bringing money was never an issue ,if I hadn't done that I would have been struggling for the first 6 months that's for sure , as those first 6 months you normally rent, buy white goods, furniture , hire a car , buy a car or two, defo spend more than you normally would on food ,drinks and visiting places ...ect find a good school and then probs move to a totally new suburb when you buy a house. I didn't want to come here and have to dive straight into a job , I wanted to chill , spend time with family and enjoy what we came for and explore the place ect ........ So I don't really understand why some seem to be jumping up and down on Kirk ? why wouldn't anyone want to TRY and bring as much as possible ?:confused: Link to comment Share on other sites More sharing options...
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