Careers Don't miss out on the headlines from Careers. Followed categories will be added to My News. Even with a $110,000-a-year salary, this young Sydneysider fears she’ll never be able to afford to buy a house in Sydney.
Bridie Morgan , 28, explained that she’s never been “terrible with money”, but admitted she’s only recently started to develop a spending plan. “I’d always say, I’d want to save like $2000 per month, but I could never quite do that. I’d never know when bills were coming out,” she told news.
com.au. Online, she’s been sharing how she budgets her fortnightly salary, which works out to be $2605.
97. It sounds substantial, but it pretty quickly gets eaten up by cost-of-living expenses. After getting paid, she immediately puts $2102.
50 into her shared account with her partner. This account covers rent, gas, electricity, internet, and groceries. At the end of the pay cycle, she and her partner will transfer whatever doesn’t get eaten up by general bills into a savings account.
Ms Morgan has never been terrible with money. Picture: TikTok/ maddogmorgan1 Online she’s been sharing how she budgets her income. Picture: TikTok/ maddogmorgan1 From there, she has just over $500 left until the next pay cheque.
Her ordinary life, health and beauty appointments and subscriptions cost her $391.28, leaving with her $112.09.
But she recently decided that she wants to “take control” of her spending, having come to terms with the fact that her future i.