I suffer from depression, but over the years have managed it somewhat
okay. I have an ex wife, you took my young son and moved 1000km away,
that really affected me. I've always worked, earning a modest income. I
have no debts, and some savings in the...
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I suffer from depression, but over the years have managed it somewhat
okay. I have an ex wife, you took my young son and moved 1000km away,
that really affected me. I've always worked, earning a modest income. I
have no debts, and some savings in the bank. I've been renting a very
cheap rental alone for the last 5 years which has been great. But I've
been told I need to vacate in 2 months, and thats where my problems
start. Currently working in the building industry as a subcontractor,
working alongside a school friend, after our boss suddenly passed away
at xmas ( as well as my grandma, and my dog). I live in a country town,
and the rental crisis is in full swing. Not only is there a serious lack
of rentals, but prices are sky high. Add to that, the rising cost of
fuel, food, electricity. Luckily, my sister owns a house in the town,
which she is going to rent to me, so I dont end up homeless. Its one of
the cheaper in the area too. Basically, lets say I earn roughly $1000
per week, before tax. Due to weather and material outages, some weeks
may be less. The rental is $370 per week, which is almost double what I
pay now. I just ran the numbers through the money smart budget, and
things look very bad. After entering in rent, electricity, gas, fuel,
food ($80 a week), phone, rego, childcare payments.....basically
everything....im going to be lucky to break even, if not going backwards
each week. Thats with zero spending money, zero emergency money, zero
saving money, zero alcohol money, zero car maintenance or repair money,
zero extra fuel money. I literally savaged my budget until there was
nothing more to scrimp on. The obvious idea would be to get a room mate.
But being an introvert, and living alone for the last 5 years, its
something I just cant fathom, having a stranger living alongside me, and
all the possible associated dramas. Id rather starve myself quite
frankly. Basically, I'm about to go from living quite comfortably,
4wding,camping on the weekends,buying the odd thing for myself..... to
living in basic poverty, trying to save every dollar,and doing
absolutely nothing as I wont be able to afford it. Not to mention the 4
weeks a year I have my son in holidays, where I dont work,so am down
another $4000 per year in the red. At that rate, my savings will be
evaporated in just a few years covering the shortfall. I just feel
totally defeated at what is looming. When you can earn $1000 a week and
not survive. Im starting to wonder whats the point.