Mamamia’s What My Salary Gets Me asks Australians to record a week in their financial lives. Kind of like a sex diary but with money. So not like a sex diary at all. We still find out the best-kept secrets though. We discover what women are really spending their hard-earned cash on. Nothing is too outrageous or too sacred. This week, a 39-year-old mum from Melbourne shares her money diary.
Income: $163,500 (salary + investment property income)
Housing: Rent a four bedroom house with my friend and our kids.
Dependants: Two primary school aged kids.
Watch: Budgeting explained with a banana. Post continues below.
Mortgage Repayment: $1,600
Private Health Insurance: $190.55
Personal Trainer: $134.00
Urban Brew Coffee Pod Subscription: $22
Investment Property Costs: Approx. $400
Monthly spending money into joint account with boyfriend: $250
Cat Expenses: $25.00
Home Loan: $212,000
Credit Card: $1,840
Investment Property: $800-$850,000