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What is your financial status? (1 Viewer)

RookieLaw

Audit.
Joined
Mar 7, 2010
Messages
392
Gender
Male
HSC
2014
Age: 18
Money in bank: $3000
Assets: $12000
Area of study: Economics
Loans: HECS = 24k for now.
Job: Stacker boy
 

johnys

New Member
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Jan 27, 2012
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11
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Undisclosed
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Yeah, you're fucked - Greek Bonds. Maybe you can turn your luck around with Ireland and Portugal. I say sell all your assets and invest in this.
Actually I might be interested in some Irish investment properties if you've got any good recommendations? I hear the sector is just about to return to boomtown over there.
 

soloooooo

Well-Known Member
Joined
Feb 13, 2012
Messages
3,311
Gender
Female
HSC
N/A
3k in cash
4k in bank A
$500 in bank B
$0 in bank C (don't know pin code)
 

spence

Active Member
Joined
Mar 9, 2006
Messages
1,640
Location
Sydney
Gender
Male
HSC
2007
Age: 22
Money in bank: ~$20k but will be close to zero at the end of the year (planning a 6 month holiday)
Area of study: Psychology
Loans: HECS, no idea how much it is
Job: McD's manager
 

d3vilz

Member
Joined
Mar 16, 2007
Messages
564
Gender
Male
HSC
2009
Uni Grad
2013
Age: 20
Money in bank: $500ish
Area of study: Commerce (International Business & Managment)
Loans: HECS - about $17,000 presently
Job: living off the Centerlinkzz
 
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seremify007

Junior Member
Joined
Apr 29, 2004
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10,059
Location
Sydney, Australia
Gender
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2005
Uni Grad
2009
It's really interesting to look at this thread because I remember doing something similar back when I was 19 and fresh out of school, about to start an accounting cadetship and startng to accumulate a HECS debt.

Age: 24
Money in bank: 6 figures (saving up for a deposit on a house as currently renting in CBD)
Assets: Investments (not counted in $ terms as these use a margin facility); just bought a new Mercedes C class; several computers/iPhone4/S/meaningless technology gizmos.
Area of study: B Comm, GradDipCA
Loans: Just paid off my HECS before October last year to get the 10% bonus; aforementioned margin facility
Job: full time employed in an accounting firm; currently working in the NY office

Have to admit things did improve in 5 years. Not trying to brag but just wanted to show that if you're 18/19 and feel that things look pretty grim, work hard and give it time.
 

jamesruserox

small member
Joined
Dec 26, 2009
Messages
126
Gender
Male
HSC
2009
age: 16
money in da bank: just under ~6k
assets: nothing because my parents bought everything.
AOS: Well... i'm in year 12.
Loans: I owe nothing, but I probably will end up with a HECS debt.
Job: I've never had a job.
 

jamesruserox

small member
Joined
Dec 26, 2009
Messages
126
Gender
Male
HSC
2009
LOL I started saving birthday money and new year since birth, scholarship, work and etc. That's why.
I kinda wish I did this :(


I spend all my money on useless crap. If I saved everything, I could have so much more moniez in da bank.
 

Omnipotence

Kendrick Lamar
Joined
Feb 7, 2009
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2011
Uni Grad
2016
It's really interesting to look at this thread because I remember doing something similar back when I was 19 and fresh out of school, about to start an accounting cadetship and startng to accumulate a HECS debt.

Age: 24
Money in bank: 6 figures (saving up for a deposit on a house as currently renting in CBD)
Assets: Investments (not counted in $ terms as these use a margin facility); just bought a new Mercedes C class; several computers/iPhone4/S/meaningless technology gizmos.
Area of study: B Comm, GradDipCA
Loans: Just paid off my HECS before October last year to get the 10% bonus; aforementioned margin facility
Job: full time employed in an accounting firm; currently working in the NY office

Have to admit things did improve in 5 years. Not trying to brag but just wanted to show that if you're 18/19 and feel that things look pretty grim, work hard and give it time.
Ballin'
 

halapenyo

Active Member
Joined
Dec 10, 2011
Messages
1,200
Gender
Male
HSC
2011
It's really interesting to look at this thread because I remember doing something similar back when I was 19 and fresh out of school, about to start an accounting cadetship and startng to accumulate a HECS debt.

Age: 24
Money in bank: 6 figures (saving up for a deposit on a house as currently renting in CBD)
Assets: Investments (not counted in $ terms as these use a margin facility); just bought a new Mercedes C class; several computers/iPhone4/S/meaningless technology gizmos.
Area of study: B Comm, GradDipCA
Loans: Just paid off my HECS before October last year to get the 10% bonus; aforementioned margin facility
Job: full time employed in an accounting firm; currently working in the NY office

Have to admit things did improve in 5 years. Not trying to brag but just wanted to show that if you're 18/19 and feel that things look pretty grim, work hard and give it time.
wait so you are currently working in New York? also is that 6 figures you have all from your own savings or did your parents contribute to it?
 

seremify007

Junior Member
Joined
Apr 29, 2004
Messages
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Location
Sydney, Australia
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Male
HSC
2005
Uni Grad
2009
wait so you are currently working in New York? also is that 6 figures you have all from your own savings or did your parents contribute to it?
I'm on a secondment to my firm's New York office. And it's from my own savings and investments over the past 5 and a half years. If I didn't spend so much on cars/mods/racing I would have saved a lot more but alas, I put money into hobbies which don't offer much return :( It was fun though.

EDIT: I should caveat that where I got red packets and any money from birthdays, I would save it but it wasn't that much. In other words, I guess that means indirectly my parents did contribute so I can't take all the credit.
 
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K

khorne

Guest
did you buy the c200 to impress all da chixs with ur fully sik hectic merc? Or did you get the c180? In either case you're a nut bag <3

I suppose I should do me too hey?

Age: 18
Money in bank: I honestly don't know...is this my bank account number or the money in my bank account?
Assets: 10 new york apartments, penthouse in syd (3 levels!), giant gold statue of myself in the foyer of my own firm, solid gold lambo (tried to drive it once but da engine melted)
Area of study: Medicine/Law/Comm/Engineering quad major. I started uni when I was 10.
Loans: LOL hecs is 4 poor people. I owe dat hooker 2k, but shes in the back of my Maybach and dat shit comes sound proofed as standard...ballin' yo
Job: I work for Goldman Morgan and Co as head manager of everything. We specialise in converting surgeries and procedural work into government backed securities which we then use as collateral for suing people over engineering patent infringements...and business is booming!
 
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hpatdh

Member
Joined
Jul 7, 2011
Messages
109
Gender
Male
HSC
2012
Age: 18
Money in bank: About $2,300,000 all from parents.
Assets: BMW 3 series 2012 coupe black ($78,000), Breitling wristwatch ($12,000), Macbook air, ipad 2, iphone 4s, Ferragamo wallet ($450)
Area of Study: Year 12 at a Sydney private school.
Loans: None and I will pay off my HECS upfront.
Job: None, but did work part time when I was 16 in my dad's empire in China.
 

theycallmebob

Member
Joined
Aug 28, 2011
Messages
348
Gender
Male
HSC
2012
Age: 18
Money in bank: About $2,300,000 all from parents.
Assets: BMW 3 series 2012 coupe black ($78,000), Breitling wristwatch ($12,000), Macbook air, ipad 2, iphone 4s, Ferragamo wallet ($450)
Area of Study: Year 12 at a Sydney private school.
Loans: None and I will pay off my HECS upfront.
Job: None, but did work part time when I was 16 in my dad's empire in China.
too much
 

OzKo

Retired
Joined
Jul 17, 2007
Messages
9,892
Gender
Male
HSC
2009
Uni Grad
2013
Waiting for the university to pay me in a weeks time.
 

trang8

Member
Joined
Oct 30, 2009
Messages
71
Location
NSW
Gender
Female
HSC
2011
Age: 18
Money in bank: About $2,300,000 all from parents.
Assets: BMW 3 series 2012 coupe black ($78,000), Breitling wristwatch ($12,000), Macbook air, ipad 2, iphone 4s, Ferragamo wallet ($450)
Area of Study: Year 12 at a Sydney private school.
Loans: None and I will pay off my HECS upfront.
Job: None, but did work part time when I was 16 in my dad's empire in China.
BULL
 

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