Thread: Mortgage Repayments

Originally Posted by stevo68

What because someone who has taken risks to become successful in their chosen area should be thankful to someone who has kept society functioning?

Steve l think what hes really trying to say is, in the big schem of things, they don't need to be "thankful" as you say, but they certainly shouldn't be rewarded for becoming successful any more than the ones who choose as you say "keep society running" !!

cheers

Originally Posted by Numpty's Missus

I don't think of children in economic terms...I think of them in terms of love and wanting. The money never even came into the equation

well put nm, what can l say "you go girl!!"

cheers

Originally Posted by loanrangie

If your kids cost that much, i'd be selling them ! I have 2 pretty much the same age and apart from the loss of 1 wage ( although FTB helps with that) they havent cost us 1/10th of that.

Are you serious? When your partner was working, does she earn only 25k over 4 years? For example, if your partner earns 45k a year, and has had 2 years off for two kids, that's 90k. Then unless they go back you're then part time so probably on a reduced wage ... say 30 per year. Then you have to pay child care....... So you're probably only taking home 20. So, 2 x 25 = 50. We're up to $140 now... Yeah... you get some benefits from the govt but that also doesn't factor in lost super etc.

Can I also make the point that I'm not worried about the money but I was trying to make the point that the baby bonus is insignificant compared to the total cost of children.

Originally Posted by stevo68

At first I agreed with how could it cost that much...then I did some basic mathematics . We have 4 between us plus one on the way. If I just took my 4 almost 5 yr old and just on not having the extra wage assuming $40k a year for the missus, well thats $200k alone. Add feeding, clothing costs for one, yep I'd say $250k would be on the mark. I'm not going to even thiink of what the cost is with 4 let alone 5 from April ,

Regards

Stevo

Look on the bright side. The more you have it probably works out to less per child. That's value Get Breeding

Originally Posted by cucinadio

Steve l think what hes really trying to say is, in the big schem of things, they don't need to be "thankful" as you say, but they certainly shouldn't be rewarded for becoming successful any more than the ones who choose as you say "keep society running" !!

cheers

How is it, that a bloke earning more money, is "being rewarded" by recieving the 5k baby bonus, whereas the "harder done by" person is getting whats entitled??

The lower income earners get heaps more rewards, they pay less tax and get more government incentives, more saving on medical bills, health care cards, cheap rego, blah blah blah

The choices are out there, you just have to make the right ones

Originally Posted by rovercare

How is it, that a bloke earning more money, is "being rewarded" by recieving the 5k baby bonus, whereas the "harder done by" person is getting whats entitled??

The lower income earners get heaps more rewards, they pay less tax and get more government incentives, more saving on medical bills, health care cards, cheap rego, blah blah blah

The choices are out there, you just have to make the right ones

Which would be great if it were that easy but the fact is it isn't. Many people seem to think it is as simple as if you want it get it but at the end of that's not how it works.

The lower income earners don't get rewarded. Health care cards are not a reward, nor is less tax. What it is is something to make sure society runs in some sort of harmonious way. It could be said and much more easily be put that people with more money get more rewards than those with less.

On top of all of this it seems like some people here are saying people just need to bite the bullet and get out there and work and all will be better- that's just ridiculous to even think that and I wonder which planet they are truly on 'cause it ain't ours.

Xav

Originally Posted by Xavie

Which would be great if it were that easy but the fact is it isn't. Many people seem to think it is as simple as if you want it get it but at the end of that's not how it works.

The lower income earners don't get rewarded. Health care cards are not a reward, nor is less tax. What it is is something to make sure society runs in some sort of harmonious way. It could be said and much more easily be put that people with more money get more rewards than those with less.

On top of all of this it seems like some people here are saying people just need to bite the bullet and get out there and work and all will be better- that's just ridiculous to even think that and I wonder which planet they are truly on 'cause it ain't ours.

Xav

What are some of these rewards? that wealthy people get, I'll pay 35k in tax, that's 7 baby bonus', But if a I get one I'm being rewarded? but a lower wage earner isn't?

It IS a matter of bite the bullet and get on with, (we're not getting into semantics here, physical/mental incapacitation etc) I took risks to get myself into a high paid position, oppurtunities that I offered to others, but most people seem to be alot mor lax about it and prefer to whinge. There is money to be made on the side also, whilst playing on the internet or watching payTV, that's cash earning time, then the tears start, But kids, time with the wife, blah blah, all sacrifice and choices that are made, to get to a decent position, life is a choice, If you don't like what you do or what you earn, change.......simple?

I don't like what I do, but I do it to earn more coin, I could "live" on the money I take in, doing conversion, wrecking cars etc, but I'd be doing that forever and getting nowhere, that's right, more choices I've made

We're talking willing mind/able bodied people of course, it is their choice

Wow...and just think Stevo...you have another 20 odd years of childraising to go yet!! I am sure my 2 never cost that much, but I haven't added the cost up anyway

I don't think of children in economic terms...I think of them in terms of love and wanting. The money never even came into the equation

I absolutely love and adore my children and work very hard to provide for them, but of course economic's come into it. You have to earn the dollars so that you can put a roof over their head, food in their stomach, clothing, provide for their schooling etc. However I don't look at them and go hmm gee those 2 could be a Porsche .

Quote:
Originally Posted by stevo68

What because someone who has taken risks to become successful in their chosen area should be thankful to someone who has kept society functioning?


Steve l think what hes really trying to say is, in the big schem of things, they don't need to be "thankful" as you say, but they certainly shouldn't be rewarded for becoming successful any more than the ones who choose as you say "keep society running" !!

cheers

Who are they and who is rewarding them for successful? Think we need to be specific as to whom "we" are talking about. My view of success is being happy in what you are doing and achieving, the number one is being parent and partner soon to be hubby. The financial aspect is secondary. I have earnt exceptional $$$ and have earnt not so exceptional $$$ in my career. Many people think success is a flashy car, home, toys etc, good on 'em, half the time those same people are up to their eye balls in debt. Success is personal, its not about what someone else thinks, it is about what you think. As I have said before, if you are happy turning a Stop/Go sign at a roadworks, enjoy your job, love your family...you are a success. If your goal is to conquor the financial world and earn squillions and are happy doing it, your a success. I don't know if what I am saying was related to this from Xavie

On top of all of this it seems like some people here are saying people just need to bite the bullet and get out there and work and all will be better- that's just ridiculous to even think that and I wonder which planet they are truly on 'cause it ain't ours.

, which doesn't quite make sense in its context as per the bolded part. But what I have been saying is that if you aren't happy with your lot in life, do something about it....and it is as simple as that....but most don't take the first step. If you love your job but it doesn't quite cut it in the $$$ area for things you would love to do....then find a way to earn some extra $$$. People do it all the time, the information is out there.

Keeping it real, I will give a personal example, in my 20's with my now ex, we moved back to Sydney, we were broke, I was on the dole, she was working and I was doing a part time nanny gig ( yeah yeah) looking after an adorable 18mth old. Quite simply had lost myself. So I went and bought books on motivation, goal setting etc and commenced. Wrote pages and pages of what I wanted out of life, where I wanted to be etc. I still have those notes and I look back on occasion to see what I have achieved and what I still need to do or change due to circumstance. I've been through divorce, lost everything, pulled myself up by the bootstraps and kicked on.

I used to employee people for direct sales telemarketing, normally mums wanting to earn a few extra $$, people who couldnt get a job to being past their "used by" date, many who came from what I guess you would say lower socio economic backgrounds. Some would turn up in the best that they could afford, but what I looked for was their attitude, is and always will be the distinguishing difference any any environment. Many were so excited that someone gave them a chance, but as I said to them...it is now up to you to take the opportunity and run with it. Most didn't, those that did earnt exceptional $$$ and changed their financial circumstances. You can apply that to any job, any industry, any profession.

Quote:
Originally Posted by stevo68

And so what if someone on a high income gets the baby bonus, what they should be penalised because someone works in a lower paying position?

Question is Why Should someone on a Lower income get penalised for Payment thru Baby Bonus to someone who is on a much higher income and has absolutely no need for it " and then spend it something absoluetly frivilous like ( LCD TV )...

Reference....bolded part....how do you know they do not need it? Just because they are on a higher income, doesn't mean they arent experiencing the same debt to income equation as someone earning less. How does one know that someone on a lower income isn't doing the same, or would that be ok? The thing is you are going to find the same going on no matter what income bracket the person is, hence why it is for all, not just a select few. The colleage of that person may have spent their baby bonus on clearing up the credit debt used to buy all the babies new goodies, or put it into trust for Uni when the child is older. Who knows and should you really care?

To be quite honest, I have found this one of the best threads in a while as I am really surprised at peoples interests in who has what, or thats not fair, or spivs ( never heard that expression before) getting million dollar bonuses, I mean...so what? I can walk out of my office right now, look at the woman I love, the children I love and that is what matters, that is what I care about. Not what my neighbour earns, is getting, that their house is bigger/smaller, my family...that is it....and those that don't have the chances that most of us do.........that's the other lot that I care about,

Regards

Stevo