Are most Australians living “week by week”?
Answered 2 years ago
So... massive line-ups at Centrelink. Makes me wonder - are most Australians living “week by week”? Is that because they don’t earn much or just do not save up?
I’ve got friends setting up a go fund me as they both lost jobS. Very sad situation, and I do feel for them. The thing is though, while employed, these people were going on overseas holidays 3 times/year (not exaggerating), latest iPhones, expensive houses/cars/clothing. So after one week of unemployment, they need a go fund me? I don’t get it. It makes me feel like a fool for always saving up whatever we can for a rainy day.
Have an answer?
It took time and sacrifice but it means I now have one less thing to worry about
DH & I have had people laugh in our faces, been excluded, called boring, the lot, because we decided to live frugally & not get on the instant gratification train.
We don't feel like mugs. We've travelled the world (frugally!), while others still say 'one day' and have ensured we can always look after ourselves. We have a plan in the extremely unlikely event DH's job is lost - which doesn't include begging friends/family for money.
Understand this, though. If you're a spendthrift, don't ask me for help. I know you have different priorities but I'll not give you my money, that I sacrificed for while you shopped.
Makes me angry that some people can't for the life of them take responsibility for their own dumb financial choices.
We have always saved and had an emergency fund for this type of situation. It's wasn't easy but we don't have to panic like others.
Hopefully this is a wake up call for people to be better with their money moving forward. Sadly it won't be because the gov will bail them out.
It's sad but somewhat self inflicted