The usual "grown-up" stuff is getting me flustered: jobs and finances. Don't tell me you don't think about this stuff too.
I threw it out there into the Twitter-sphere last week and had a good chat with some of my "tweeps" about how unaffordable it is to live in the big smoke we call Sydney.
I have only been living in Sydney for about 8 months now and I am understanding completely why it is considered one of the most expensive cities to live in, in the world!
Now, I can't really comment on how much money it costs to live right in the CBD or in the closer metro suburbs because at the moment with my income I can only afford to live in the outer west but still I am noticing the cost of living is ridic!
So many of the girls I chatted to on Twitter agreed. It is impossible for young people to hang on to the dream of owning their own home in this ever-growing city as property prices continue to boom!
I heard recently the average property price in Sydney has risen again but roughly $100,000! Holy smokes!
If I were single and wanted to get some Independence for myself and obtain the "Australian-dream" of purchasing my own home it would be impossible. Simple as that.
Luckily, when it does come time for me to buy, my partner and I can join income-forces and have a better chance of purchasing a home larger than a dog kennel.
How does a young person save in this day an age without moving in with Mum and Dad and working 24/7? Renting prices are almost as high (if not higher in some areas as one Twitter friend acknowledged) than paying a mortgage! Grocery bills are up, electricity bills are high, not to mention the cost of fuel! Small luxuries like holidays are a thing of the past if you're planning on knuckling down and saving for that house deposit. In fact, there goes my social life completely if I plan to save $10K before 2015.
I know I may sound whingy, but this is not the case at all. I am more interested to know just how people manage to save these days. Is it putting those holiday trips and nights out with friends on hold? Or taking public transport as often as possible? Or is eating two-minute noodles for lunch and dinner saving you dimes?
I'm curious and deadly keen to know how you do it as I feel like I am saving as much as I can and still moving at snails pace towards a large sum in ye'old bank account!
Spread the savings love in a comment below :)