The way I see it. Home is home. Like it or not. There's no place like it.
It's all relative to decisions and choices. We are all influenced by our own.
So what facilitates decisions and choices? Simple - it's how much money you have.
Either you live paycheck to paycheck and of course enjoy (the most) of what any country offers
(idealist)
or you take the life-long serious approach of saving/investing
(seriously considering those ETFs folio myself) and analysing each, and every expenditure
(realist).
The problem I'd find is that at the very least in Perth - either you have to stick to one end of the mindset or the complete opposite other. It's difficult to trying to balance.
With the upcoming newer generation Y; and each time I walk along the CBD from work's late lunch break it is not uncommon to see the early 20s gobbling up at Jamie's Italian restaurant and those exorberant $5 coffees & $20 breakfast cafes along murray st mall. How much credit debt these people have? Mind you - we didn't raise the $500 billion debt ceiling for nothing.
It's all relative to how cashed up you are at the end of the day. Either you lavishly enjoy as a king and struggle to make ends meet month to month, or you struggle to lavishly enjoy whilst keeping your options open.
There's no right or wrong answer to this of course. All that matters is the when / realisation of time. My dad coined this sentence up when I was 5 yrs old -
do you live to eat or eat to live? I certainly did not know the real difference until I was at least on my second/third job.
I'd like to say this again - It's difficult to trying to balance.
I'd most certainly be willing to forego holidays and what not - because that's what Casey's, City West and Langtrees are there for . Those are my holidays. If you have $3000 as a holiday plan do you 1) go book that winter special and spend lavishly and blindingly or 2) Equally distribute $3000 across at least six $400 Langtrees bookings for the month?
All relative to choices folks
. Either you're happy in debt or you're just barely make it without a single debt.