[ad_1]
As part of our series exploring how New Zealandes live and our relationship with money, a 67 -year -old retired explains his approach to spending and saving.
Want to be part of the cost of being? Fill in the questionnaire here.
Gender: Female.
Age: 67.
Ethnicity: Pākehā.
Paper: Retired/volunteer.
Salary/Income/Assets: Living in the pension. Few actives – just enough to put me above the limit to get an accommodation supplement.
My place of life is: Small town.
Rent/mortgage per week: Currently pay $ 285 to rent a Bach. It’s not ideal, but it’s a good value. Now it’s for sale and I won’t get anything so good for less than $ 400.
Loan for students or other debt payments per week: I got so little in years that they preceded the age of 65 that I didn’t reach the reimbursement threshold, so I was a little shocked to get the pension that would now have to pay $ 17 a week.
Typical Food Weekly Costs
Groceries: $ 50- $ 80. Just me, and I don’t have a pet because it’s too expensive. I do almost everything from zero and the cook in lot, but I like to eat a healthy and varied diet.
Eat out: Average of $ 20. Lunch in the city about a fortnight.
Takeaways: $ 5. Can’t resist an ice cream.
Lunches on the day of work: None.
Coffee/Coffee Snacks: Average of $ 10. Sometimes, you just need to have a cup of tea, but I avoid buying tea when it comes out because it is rarely good, and if I find someone in a coffee, I prefer to have a muffin or cake.
Savings: While my rent is relatively low, I can save about $ 100 in most weeks.
I worry about money: Sometimes.
Three words to describe my financial situation: Disciplined. Suitable (for now). Precarious (the future).
My greatest edible indulgence would be: Darjeeling Tea.
In a typical week, my alcohol expense would be: $ 0. I gave up on smoking and drinking decades ago, and now I live with the amount you would spend alone in those that are a little impressive!
In a typical week, my transportation expense would be: $ 2. I use my gold card on the bus to the city and only occasionally I need to take a bus at peak times. I walk and ride a bike locally.
I Estimate last year the amount of stadium I spent on my personal clothes (including sleeping clothes and underwear) was: Maybe $ 100? Everything but underwear and shoes come from OP stores and hand in hand from friends who gain weight.
My most expensive clothes last year was: $ 70. Wool to knit a shirt, but I think about it as another hobby/entertainment cost.
My last pair of shoes costs: $ 165 for boots that I wear as my daily shoes. I have small feet and finding suitable shoes is very difficult. Recently, I found some that were very good and when I saw them in a 50%sale, I bought another pair. They are still in storage for when I finally wear out the original pair.
My cleaning/beauty expenses in one year are about: Less than $ 100. Cut my own hair. Shampoo, basic moisturizer.
My exercise expense in a year is about: None. I walk and garden for exercise.
My last cost of Friday night: Nothing. I hate out at night.
The most unfortunate purchase in the last 12 months was: I can’t afford to do pitiful shopping, so I think a lot and research before buying anything you need.
The most indulgent purchase (which I don’t regret) in the last 12 months was: I bought a very good scythe.
An area where I am a little stylized is: I don’t consider myself a tightwad. Living slightly is a lifestyle choice.
Five words to describe my financial personality would be: Careful, ethical, ingenious, frugal, unusual.
I grew up in a house where the money was: The money had been tighter with four older brothers, but when I came my father had a good job and my brothers were leaving home, so I had better than them. But my father never opened it was poor as a young man and it looked like to be petty. I think they could have extended too much to buy a luxury suburb and felt that we were poorer compared to others at school, when we were actually comparatively well.
The last time my EFTPOS card was refused was: 2007, and it was the bank’s fault.
In five years, in financial terms, I see myself: With the current political direction, I see myself much worse than I am now.
Describe your financial low: Being unemployed in the early 1990s, when the benefits were cut and rent to the most basic apartment on their own, it was 80% of my income.
I would love to have more money to: To support the causes, I feel it strongly. I would buy a small house if I could.
I give money to: Small quantities for orgs of climate and social justice. I usually offer voluntary time instead of financial donations. I go up a friend in trouble when I can.
[ad_2]
Source link
