What is your financial status? (3 Viewers)

[FutureSight01]

Age: 18
Savings: 1X,XXX
Debt: None. I'm paying half my uni now, parents paying the other half. Then I pay them back when I have a proper job. That includes TB, but parents keep saying they don't expect me to pay anything back.
Assets: Stuff I'm willing to sell? Not much. NCA mostly includes computers, internet and phone courtesy of parents. Not much otherwise... need to spin my money round the share market some time...
Job: Pathetic part time job where I get barely any money per week. Need another job. BADLY! My cash flow is horrible! So many expenses keeping my cash from the bank!

 

[supercalamari]

Age: 20
Savings: $18000ish + some money from my grandparents, but I'm not sure how much
Debt: HECS
Job: Maccas, about $400 a week

Yay McSlaves

 

[iRuler]

Age: 17
Money in Bank: N/A
Current Assets: N/A
Liabilites: N/A
Job: None.

 

[irvine]

Age: 17
Money in bank: $15k trust
Loans: Could probably convince mum to pay HECS for me but so far, nil.
Job: studying for the HSC (~$200 a week?)

 

[babikakez]

Age: 17
Money in bank: $15k trust
Loans: Could probably convince mum to pay HECS for me but so far, nil.
Job: studying for the HSC (~$200 a week?)

what?

 

[irvine]

what?

Parents give me money to study (opportunity cost of having a job).

 

[William kamel]

Parents give me money to study (opportunity cost of having a job).

There's not really much of an opportunity cost of having a job a few hours a week, that won't affect your study much. Even might help you in the future as it forces you to organise your time.

 

[babikakez]

Parents give me money to study (opportunity cost of having a job).

Good luck putting that on a resume.

There's not really much of an opportunity cost of having a job a few hours a week, that won't affect your study much. Even might help you in the future as it forces you to organise your time.

I agree. I work with heaps of year 12 students who do either Saturday morning OR afternoon only. I was one of them, it worked really well for me.

I do not see HSC as being prohibitive for having a job. Do you plan on having a job throughout uni?

But then again, if my parents were going to give me $200 a week for just studying, thats a pretty good deal.

 

[scaredytiger]

I feel really weird about the fact people are willing to lay out their financial situation for the internet people.

My 'rents generally treat it as private thing.

 

[iRuler]

but you're anonymous on the net anyway arn't you?

 

[seremify007]

I feel really weird about the fact people are willing to lay out their financial situation for the internet people.

My 'rents generally treat it as private thing.

I suppose people could track you down.... if they wanted to.

I personally just keep details vague

 

[Omnidragon]

Age: 24
Money in Bank: $100
Current Assets: 1984 Trueno (it's a car)
Liabilites: $28,000 of credit card debts (mainly due to holiday to Europe, the Trueno and the plasma TV I bought a few years ago)
Job: Working for the Government (ie dole gives me $100 per week). Live off friends otherwise.
Accommodation: Currently staying at my best mate's place. He has a spare room.

 

[meilz92]

Age: 17
Money in bank: $220
Assets: 2003 mitsubishi magna
Liabilities: $900 rego/CTP debt to parents, HECS debt (currently at $3500), new tyres due in june: $400. plus $23.50 a week on a train ticket, and about $70 per fortnight for petrol.
Weekly earnings: $110 p/w

im basically stuffed.

 

[aussie92]

Age : 17

Money in Bank $24,000

Assets 1998 Hyundai excel , Laptop , new computer

Liabilities : Petrol , Uni costs soon

Earnings 250p/w wollworths night fill

 

[57o1i]

Age: 18

Money in bank: ~$15000 with another $2000 in scholarships coming in a month and another $3000 coming in August.

Own: computer, assorted furniture, 3 y/o Mitsubishi Colt.

Loans: HECS (will work out at $30 000+, more like $40 000+).

Job: tutor, on ~$150 p/w + parental supplements.

... but all my money will be blown on a trip to Europe next year so check back with me next April and it'll be "Money in Bank: -$1000".

 

[Riet]

Age: 21
Liquid Cash: ~$2000
Investments: ~$50,000

 

[suzieee]

age: 21
Savings: 10000 in term deposit, 1300 in a savings account, 300ish in transaction account
Income: just started a new job, getting at least 800 a week after tax
Assets: 2004 hyundai elantra
expenses: spending around 3-400 a week (only pay 120 rent as i'm sharing with my cousin and another guy )
future expenses: trip to thailand 2011 with friends, around 3000; trip to europe in 2012, around 15000.... and i want to buy a house pretty much straight after i get back from europe!!

 

[allyoop]

Age: 19.
Savings: $1X,XXX
Money in bank: $0.52
Money in wallet: Roughly $10
Loans: FeeHelp debt. Credit card debt: Roughly $100.. the bank gave me a $1000 credit limit but I called them up and made them lower it to $400
Job: Been working at different jobs since I was 15. Currently saving up for my own place. Casual at Target.
My rents earn too much, so ineligible for YA

 

[musing]

Age: 16
Money in bank: $2000 in savings account and $15 in regular account (lol)
Loans: nil
Job: Currently working at Supanews and Donut Kings

 

[niloony]

Age 18
Bank - $200
Shares - $10000ish
Liabilities - Nil
Job - Pool shop (Only summer)
Assets - Computer etc

Dependent on parents so that share value is in the super risky stuff >>