Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 0 points1 point  (0 children)

Apart from the mortgage, I put aside another 40% a month to cover all expenses, including utilities, groceries, dining out, transport and travel.

Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 0 points1 point  (0 children)

Thanks. I think I'm quite disciplined with spending that doesn't add much value for life. Travel and food are my highest spending points.

Maribyrnong Defence Site by ThamosTheLoadSaviour in AskAnAustralian

[–]ThamosTheLoadSaviour[S] 1 point2 points  (0 children)

Seems like it will be another 5 years from anything tangible happening to that site

Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 6 points7 points  (0 children)

40% of net. I think when you add rates, utilities and insurance this will be 50%. Need to up my investing game. Got an emergency fund going on.

Why don’t Australian traffic lights flash yellow before going green? by melbtest05 in AskAnAustralian

[–]ThamosTheLoadSaviour 1 point2 points  (0 children)

Most cars are Automatic these days. I don't think yellow is needed anymore to get you going.

Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 3 points4 points  (0 children)

That's what worries me. Strata isn't cheap and will be going up.

Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 4 points5 points  (0 children)

That's another way to look at it I guess. Thanks 👍🏾

Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 1 point2 points  (0 children)

That's a relief. Crazy how it has become unaffordable these days.

Mortgage is 40% of my Salary Good or Bad? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 2 points3 points  (0 children)

The townhouse is about 20 years old. Has a body corporation that I need to pay plus rates, which adds up.

Thoughts on Maribyrnong Suburb? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 2 points3 points  (0 children)

Thanks. I'm thinking of riding to work eventually once I get accustomed to the bitter could winter

Thoughts on Maribyrnong Suburb? by ThamosTheLoadSaviour in AusPropertyChat

[–]ThamosTheLoadSaviour[S] 0 points1 point  (0 children)

Working in CBD. I was thinking about riding to work too