Our government just screwed over some of those so-called 'low income earners' who are actually comfortably middle class in our latest budget. They cut certain benefits for those earning a combined household wage of over $150,000. This resulted in some of those people whining about how they're really struggling, don't you know, and they really need those benefits. To which everyone earning less than $150,000 immediately called 'bullshit!' and suggested that if they're earning $150,000pa and they're struggling then they really need to learn to manage their money better. And perhaps downsize from their overpriced McMansion into a more reasonable house and thus a more reasonable mortgage. Maybe also sell the Audi/BMW and buy a Corolla so their car loan isn't as much.
I wouldn't have a clue what to do with $150,000 a year.
Except possibly take three years to pay off a house. Five, at most.
Seriously, even a third of that is just way beyond my reasonable expectations, and it's not like I'm ever going to have kids that need supporting, I'm not that keen on driving, and mostly too anxious to travel.
Yeah, minimum wage here equates to just under $30,000pa (average wage would equate to about $50-60,000pa from memory) so most people wouldn't know what to do with $150,000.
Those people whining about it were really not getting any sympathy from anyone, particularly when you consider a lot of the cases they highlighted in the paper were of single income households. If hubby's earning $150k plus and wifey isn't working at all but could be if she needed to (or vice versa... let's not be sexist) then that is not a family living on struggle street.
o.o I've always considered my family to be fairly comfortable (though now I'm financially mostly independent I look at money in a whole different way) but even my mother went back to work once we were all in school. And my dad was a fairly high earner, considering he did something technical with computers at one company for two or three decades and had Senior at the start of his job title.
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I am in that group and they won't be getting my vote. They suck at managing the economy and people are suffering because of it. Fuck that.
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Except possibly take three years to pay off a house. Five, at most.
Seriously, even a third of that is just way beyond my reasonable expectations, and it's not like I'm ever going to have kids that need supporting, I'm not that keen on driving, and mostly too anxious to travel.
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Those people whining about it were really not getting any sympathy from anyone, particularly when you consider a lot of the cases they highlighted in the paper were of single income households. If hubby's earning $150k plus and wifey isn't working at all but could be if she needed to (or vice versa... let's not be sexist) then that is not a family living on struggle street.
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