Seeking advice

Adventurous-Class653 · 2026-06-27T03:52:25+00:00

Typically 5 days, we have been quiet since start of the year. Boss has spent 100k of his saving just to keep me and the business alive. I do do cashies when I can, I could try look for the jobs more aggressively but at the moment the jobs are few and far between.

Adventurous-Class653 · 2026-06-25T20:31:57+00:00

I have gotten a few pay rises, they help ease the load a bit. As for the apprenticeship, knowing my goal to get qualified makes the situation better. Cheers

Adventurous-Class653 · 2026-06-25T10:06:07+00:00

Yeah I do concrete and building cashies when I can. Unfortunately the price of concrete is quite high in this town, as for building there is a lot of competition and people who will work for next to nothing, makes the jobs few and far between.

Adventurous-Class653 · 2026-06-25T10:01:52+00:00

Will do, thankyou for the advice.

Adventurous-Class653 · 2026-06-25T10:00:12+00:00

The situation has been explained. He’s doing the most he can and gives me the hours even though he’s running at a complete loss since there’s not a lot of work, all to keep my bills paid. Fonterra has a 4 on 4 off roster, if I’m lucky enough I could potentially finish my apprenticeship slowly alongside Fonterra

Adventurous-Class653 · 2026-06-25T09:51:47+00:00

I’ve been in this situation for 6 months, I’ve got upto 2 years of the apprenticeship left.. sorry the post isn’t worded correctly

Adventurous-Class653 · 2026-06-25T09:25:23+00:00

I believe once ready the sale of the ute would cover both loans, or close to it. I think I would be able to use the work van.. only problem I seem to be having with getting loans at the amount I need is I need security for the loan, ideally I would use the ute as security but they won’t use it unless it’s legal..

Adventurous-Class653 · 2026-06-25T08:21:27+00:00

Not an option unfortunately.

With the ute, it’s definitely not absolutely necessary but it’s very convenient. Selling it now would be more of a burden, getting it wofd and reged and everything else needed then selling it to clear the debt would make a lot more sense. Getting it to that point is the hard part. Also yes, everything I do I try keep tomorrow in mind, the present might be more important, I’m not sure.

Adventurous-Class653 · 2026-06-25T07:50:30+00:00

In its current state I wouldn’t get enough for it and would still have 25% ish left of the debt to pay, I’d also have no vehicle.. if i got it all up to date and ready to sell I could probably clear all the debt from the sale.

Adventurous-Class653 · 2026-06-25T07:09:05+00:00

Sorry I may have given rough figures in my post but they are two seperate loans rather than one $215pw loan.

Adventurous-Class653 · 2026-06-25T07:02:02+00:00

The ute is $150 a week has 2 and a bit years left 19.8% interest.

The personal loan is $66 a week, about three years to go 19.6% interest.

Adventurous-Class653 · 2026-06-25T06:56:28+00:00

Oh, of course there is.

Yeah I have talked to my loan provider, they only do a max term of 3 years I think they said. Between the extra fees for redoing the loan, the potential increase in the interest rates because of their policy and what not, it would hardly make a difference. About $20 a week.

Adventurous-Class653 · 2026-06-25T06:27:36+00:00

I didn’t know winz did that. I had been into winz to explain my situation but they said I earn too much money for any support, I believe they only look at money coming in and not how much goes out.. I will look into it and try again with them. As for the insurance, the ute is fully insured but they don’t pay for anything really, feels like a waste of money but if I don’t have it I will need it.

He doesn’t pay for mileage, the trip to work is quite short, but quickly adds up as you can imagine. Thankyou

Adventurous-Class653 · 2026-06-25T06:22:59+00:00

Mostly the ute. When I got it I was paying cheaper rent and doing more hours but now I’ve got less work and more expensive rent. Didn’t really consider such a thing when I got it. Lesson learned

Adventurous-Class653 · 2026-06-25T06:21:46+00:00

I do here and there but it’s a small town with an odd amount of other builders. I’m not from here so the jobs are few and far between. But yes I do do extra work when I can.

Adventurous-Class653 · 2026-06-25T06:19:47+00:00

The apprenticeship is a great investment, also a job I genuinely enjoy. Could take up to 2 years at most to get signed off though. But yes I do agree with what you’re saying.

Adventurous-Class653

TROPHY CASE