My partner and I are in the process of buying a house, we have our finances getting pre-approved (we already know what the conditions will be and will know over the next fortnight of the outcome)
Basically the area that we are looking at (and is in our price range and offers what we want) is a good 20km out of the CBD meaning around a $50 - $55 cab ride each way to work. I suggest to my partner I buy a car and at least it is going to be useful for other times I need to go out and he is home, but he doesn't want me to be 'followed home and stalked' by weirdo's who visit the club I work at, I can understand his frustrations, but I really want to get a car.
So as it stands, if we buy a house in that area and I work and cab/taxi it to work I will be down $100 - $110 plus my house fee of $60 - $70 per night I work, this means I basically have to make $160 - $180 before I start making profit, and this sounds so much to me.
Although I average profit of $400 - $1000 per shift I like every one else I have my crap nights and leave with like less then $200 profit.
At the moment as I live rather close to the city/work ($20 cab ride) my nightly earning profit starts at $90 - just above half of what it would be if we move to the new house / area.
Basically I am a huge procrastinator and what I am worried about is that I wont be bothered going to work on the week nights because I will be worried that I wont make much, but I know I can still have a good night, but I will fear I wont make profit, and I hate going to work to make less then $400 profit (after expenses) per shift.
So should I have to spend $160 - $180 before I go to work each day including house fee I already have to make heaps more then I do now to be in the green. I rely on the weeknights to make money and work as many as I can now, but I worry that moving far away with the new expenses of getting to work will put me off going to work and I will end up loosing interest in working because of the huge costs vs profit
So how far do you live from work? Does it affect whether you work some nights and not others or only work the busy nights? Do you go in with a cloud in your head of I have to earn $x amount before I profit?
I am stressing because I want to pay our new house off within 5 years (and accept no less then 70% paid leaving 30% to go) but if I don't work heaps of hours I wont make money and I wont get the house paid. If I am to pay it off with in 5 years my partner and I need to pay $7k a month off the loan, it is achievable but I don't want to have to stress about it and then resent my new house (dream home too) because I have to work my ass off any more then I already have to.
This is so frustrating, I wish my partner would just let me drive to work that way I would not have to fork out so much just to get to work. Car expenses are
a) service
b) fuel
c) registration
d) insurance
e) tyres
If I was to drive my own car I worked it out to be like $20 - $30 in above expenses a night to work based on 4 nights a week work. I would get a new-ish car ($15k) most likely through personal loan and pay it off in advance (so triple the repayments) but the amount for the car will be off set by the amount I would have spent on taxi. Plus I don't have to worry about sleazy cab drivers / cabbing it late at night long distances and unreliable cabbies to pick me up to take me to work. I wish my man could see it like this
Public transport is not an option really as I don't really like having to meet a dead line of being at the station at a particular time as usually I run late and end up missing the train or bus and having to cab it anyway. It is not a mode of transport I would rely on for myself.
Thanks for letting me write this all out and seeing what I can come up with...



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Kamryn

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