February 22, 2010 at 7:53 am #453648
By the time I worked everything out that I spend because I go to work I am actually working for an hourly rate that most wouldn’t dream of working for in Australia. It all kind of gets lost in the blur because you don’t stop to think how much of your time that item is going to cost. Is that pair of shoes worth 10 hours of your time?February 22, 2010 at 7:57 am #453649
Is that pair of shoes worth 10 hours of your time?
wow that puts it in perspective ey?February 22, 2010 at 8:55 am #453650
hehehe my actual paid hourly rate ( as in, how much I get paid per hour) is $15 – so once I’ve taken out all my costs I think I might be in the red! Argh!
The only trouble is that I can’t see that we can do without it. *grrr*February 22, 2010 at 9:23 am #453651
It is a bit hard to work this one out. Apart from childcare and petrol/car running costs (which are easy) I know that we actually spent less money after I went back to work part time. This has been consistant over a two year period. Less time to shop and less bored:lol::lol::lol:. Or was it destressing from being home 24/7 with a toddler. So do I need to factor that one in. Not quite sure how. But it also takes up more of DHs time picking up the kids etc. Very hard to calculate.
With regards to not having an income and being home with kids. We decided as my super didn’t have a life insurance policy attached and there wasn’t much in it. That we would take out life and TPD insurance for me until the kids are bigger. As otherwise if something happened to me it would be difficult to make ends meet while they are young.
This is all too thought provoking:confused:.February 22, 2010 at 11:57 am #453652
I worked out just how much it costs me to purchase the second car and keep it on the road so I can go to work….a phenomenal amount has to come out of my wage in order to go to work. Then there is the professional costs of belonging to associations, ongoing professional development, work clothes, coffees with staff, drinks after work…..and then last year I decided that I could work a lot less IF I had a job closer to home or one that could be done from home.
Haven’t got the ideal job yet, though.February 22, 2010 at 8:01 pm #453653
We found that DH’s separate true hourly rate reduced a lot less than mine from his paid hourly rate. He works from home and has little overheads. However, my hourly rate dropped considerably due to requiring a car to do school drop off on the way to work, costuming for work, etc. It really does open your eyes.
We decided to pool the two amounts and average them to work out, for example, how many hours it takes to buy a pair of shoes – mainly because he earns more but shops much less. I am mainly responsible for household spending.
The true hourly rate really opens yours eyes to how much you spend just on getting to work – and you are often left with an amount, that, if advertised, you wouldn’t work for. However, it also opens up possibilities for changing jobs – a lower hourly rate for closer to home, or staying at home to look after kids, or whatever.February 23, 2010 at 10:35 am #453654
Any more progress peoples? Are we ready for Step 3?February 23, 2010 at 11:01 am #453655
i confess that i haven’t even touched this step. all of my income comes from my estranged husband, so guess i could treat it as a wage for looking after the children.
i may be in the red when i take into account the post-bedtime wine. :uhoh:
and then step 3.
i have made some progress with decluttering. several trips to the tip recycling shop, without bringing several loads home. yesterday, i sold 2 books on ebay. mmm. feeling lighter already.February 25, 2010 at 1:33 am #453656
My hourly rate hasn’t reduced too much, which is nice, because I walk 20 mins each way to work (exercise I’d need to do anyway) and the clothes I wear are casual enough that I do currently wear them on the weekends as my “ordinary clothes” so I don’t count them. And I’m a singleton, so no childcare type stuff. It really is just the coffees and occasional lunches, but if I didn’t work, would I treat myself to them anyway? And work isn’t stressy very often, so I honestly don’t associate drinking with recovering from a bad day!
I really am very luckyFebruary 26, 2010 at 7:59 am #453657
Just wondering with the travel to and from work, I drive about 20-30mins each way, but really enjoy this part of my day listening to the radio or music, maybe talking on the phone (via blue-tooth of course) and just generally chilling out. Should that count as work part of my work day or not?March 1, 2010 at 9:12 am #453658
Well much to my surprise, hubby (a non reader unless there are lots of car pictures) was pricking up his ears in interest as I was reading bits and pieces from the book. So much so, that I am now back at the begining reading some of it to him each morning!
So, I am way back in step one territory again, but ever so pleased he is taking an interest!March 1, 2010 at 9:34 am #453659
Hey, back here now.
DH and I had a good discussion about this step last weekend and we figured we’re a bit ahead with this, however I usually work for much less money or resources than I should have so that have decreased the overall value of my side. DH thinks its dreadful and that I should be more tough. Harder to do than say, eh?
Like others, I have drastically downsized on what I buy and what I give away (gifts, etc) for last 2 months, tallying up what I’ve spent on every week and see why there’s some kind of patterns. This also factors in for my own time around.
I believed this step was a good reinforcing exercise to be more aware of how I use my time and money EVERY day… My DH used to roll his eyes up whenever I insisted on making ’round’ trip for errands and such, but now I think he really understood how I used the trip to minimise all this.
Another thing we were very conscious about when we were trying to set up working plan for our property here – we are well aware how much our life energy is going down when we work on the property (mowing, weeding, gardening, building, repairing and such) and we created a great schedule for everything and allocated certain hours per month and work out how much hours for each job required to get done within that month. We had spent hours reshuffle and deleted some projects because there’s no way we can afford to lose more life energy, because it’s ‘one way drain’. KWIM? So its not only the paid workforce, but also how you spend time to feed your family off your land as well…
I have to admit that I usually look at many workers whenever I go in CBD and realised I am so happy where I am now and that there’s no way I’d want to swap it. It is hard to describe but I think that was what the step 2 was touching on.
Anyhow, I am already into step 3… 😆 so far it looks to be more interesting.
Cheers! :hug:March 3, 2010 at 6:46 am #453660
Wow – some really good progress here. Glad to see that people are really thinking about it.
The answers are really a personal thing – if your ride to work counts as relaxation for you, so be it, unless you would relax a different way if you didn’t go to work…
I guess we are ready for step 3.March 3, 2010 at 6:52 am #453661
I got to the decluttering part and am really struggling. I have been in tears so often trying to part with stuff I have squirred away:( What if I need it one day?March 3, 2010 at 7:53 am #453662
The fact that we expend so much as we live and breath goes to show how much we cost to exist. More than affordable? Or more than the planet can bare?
The fact that basic existance is such a challenge tells us something. Does it not?
You must be logged in to reply to this topic.