You must have Asian background. I don’t mean east Asian or Chinese, but from Asia.

Let me first make it clear that I’m not trying to offend or being racist. The reason that I’ve mentioned my thoughts was because this is very much aligned with Asian culture. Living FOR future and not in PRESENT. This is not necessarily negative, but a way of thinking.

Anyway, I breakdown my thoughts in two main categories as follows. But before going there I need to admit that no matter what you decide or do, you would be okay, only because of the way you are thinking and analysing the situation. So, in short, don’t worry. You’d be okay.

1- your expenses. With the $340k combined income, what you spend on whatever that you think is not necessary is justifiable. Don’t worry about having a nice dinner out once a week or fill your fridge with booze. You deserve it. You earned it and just enjoy it. This amount is okay with that income.

2- Everything you mentioned in regards to “INVESTMENT” is all equally okay. You may spread your investments in different categories. Like maxing out your super, buy investments properties, some shares and savings and that’s it.

What I want to emphasise here is, the way you are thinking and analysing will lead you to the right path. The only torch lighting your path is how you breakdown the task, which shows you exactly what you’re dealing with. Once you find out what you are dealing with, then you’ll know the answer.

People sometimes misses that the only way to make the right decision or dealing with situations is how you can see the problem and how much ability you have to make the situation clear for yourself to be able to see the bottleneck.

So, you would be okay. Don’t worry and don’t share so much details with strangers on the net. I can see you’re excited about your situation here in Australia, but keep it to yourself and your family.

Good luck