Horrible debt?

I haven't used it tho. Angus can probly help
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<Patrician|Away> what does your robot do, sam
<bovril> it collects data about the surrounding environment, then discards it and drives into walls

Had it when i attempted and failed uni lol, Still have 12k of debt sitting there whenever i start making over 50k a year (HAAA funny, probably not in this lifetime )

I don't see how you could afford uni without it unless you're super rich to be honest, or stashed away the full amount for your kid previous. The repayments aren't that huge though. Something like 4% of taxable income once you are earning over 50k a year.
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www.demon50s.com - Minimoto parts
http://www.youtube.com/user/HyzerGlen - Videoooozzz

The idea is once you start making repayments you won't even really notice. Two years ago, the benefit of paying upfront (at least in NSW) was a 20% savings, but they've slashed that down to 10% now so it's almost not worth the extra stress... Few friends were stung by that...
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( •_•)

( •_•)>⌐■-■

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YEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

I didn't HECS but U was lucky to be able to pay it up front.


Unless you have a lot of money hanging around to save that 10% I would just HECS it. Most people like Angus said would barley notice.

From the Tax office website (http://www.ato.gov.au/individuals/content.aspx?doc=/content/8356.htm)

Even when earning over $91k you are only repaying 8% of your total taxable income (and you have net loss, super and a few other things)

Almost all the grads in the program I am in have HECS and there is not much different in our pay checks. About $120/fortnight from memory.

Glen, didnt you only go to uni for a few weeks (or a semester)? Were you full fee paying to rack up that kinda debt.
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Remember to trust me, I am an Engineer.

http://www.youtube.com/watch?v=rp8hvyjZWHs

Yeah we hecs our way through uni and post grad.

The best thing about hecs is that if you never pay it off and you die the government wavers the bill.
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Miles Blow - Julie Pitts
www.mulesfilm.com.au
www.wombokforest.com.au

-Pickasso- Vivid Sportsman champion 2015

I was there for two semesters in retrospect, should have dropped out before the cut off period as it wasn't working out at all by then lol. hindsight as always.
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www.demon50s.com - Minimoto parts
http://www.youtube.com/user/HyzerGlen - Videoooozzz

I didn't earn enough when I first started working to pay off my debt. When your not earning enough they will charge you intetest. Once I hit the minimum limit they will charge you a years worth for the rest of the financial year. That's not bad if you get the pay rise in Augast, but I got thst pay rise in June and lost half my pay that month. But I recomend it over paying up front. Connie's uni fees were $11000 up front every semester and she was working over 56 hours a week in a resturant on top of her study, with free food from the resturant and me helping with her rent and she still need help with paying for 2 out of the 4 semesters. I'd prefer my 10 year debt that I rarely think about over the stress she's been through.

quote:

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Originally posted by Daniel:
I didn't earn enough when I first started working to pay off my debt. When your not earning enough they will charge you intetest.

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My debt started increasing straight away. But I finished uni in 2003, so the rules have probably changed since then. Started off about $21000 and then increased to about $25000 before I started earning enough to have it taken out with tax.
I think I've got another 12 months before mine is paided off and then I should get an extra $300 a fortnight in my pay check.

Thanks. Good to hear a consensus of opinion. Alex will go the HECS route.
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So even the rain that falls isn't actually going to fill our dams and our river systems

What are GPSs like? Never used one.
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So even the rain that falls isn't actually going to fill our dams and our river systems

Calling Andrew Welch haha.

I use garmin xt on my phone but to be honest i haven't used it in about 12 months now cause i pretty much know my way around Sydney at large. Just memorise it off of google maps before i leave cause i hate having to dive across lanes at the last moment and what not.

My phone gps is pretty good, only point of contention with it is it will tell you to turn left further up and shout out this is your turn when you're right there.

Mum' nuvi is a complete pile and seems to get itself randomly lost before freezing for 5 minutes and working out where it has to go.

The gps integrated into our mazda though is freaking great lol.

Merry xmas to yah Phil
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www.demon50s.com - Minimoto parts
http://www.youtube.com/user/HyzerGlen - Videoooozzz

Merry Christmas back to you, Glen.

Normally I memorise Google Maps before I leave, but now I am driving semi-trailers through Brisbane City to new locations (new job this week). It is very hard to pull over and check a map and even worse to drop a U turn.

Is a GPS on any particular smart phone good?
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So even the rain that falls isn't actually going to fill our dams and our river systems

Yes go the gps....I used it when delivering pizzas ...it totally rocked.....most phones should have it now....the one on my old nokia n8 works just as good as a stand alone one, but you may get more data charges on a phone compared to a windscreen mounted one....good luck with the new job to
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Miles Blow - Julie Pitts
www.mulesfilm.com.au
www.wombokforest.com.au

-Pickasso- Vivid Sportsman champion 2015

Thanks, Miles. After more reading, I came across one suited to truck driving.
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So even the rain that falls isn't actually going to fill our dams and our river systems