Why Our Quality of Life Sucked in Australia....

Summary

The speaker discusses the decision to leave Australia due to the high cost of living and the decline in quality of life for many Australians. Despite earning a relatively high income of $110,000 a year, they felt financially strained and unable to afford a comfortable lifestyle. They compare their previous life in Australia, where they paid $700 a week for a small suburban home, to their current life in Southeast Asia, where they live in a luxurious condo for $180 a week. The video highlights the affordability of activities and the overall improved quality of life they've experienced since moving, suggesting that the increasing cost of living in Australia is pushing many to seek better living conditions elsewhere.

Takeaways

• 🏡 The family moved from Australia to Southeast Asia due to the high cost of living and to improve their quality of life.
• 💰 In Australia, they were earning $110,000 a year, which is above the national average household income of about $90,000.
• 🌏 The decision to leave Australia was influenced by the desire for a better standard of living, which was unattainable given the increasing costs back home.
• 🏢 In Southeast Asia, they live in a much larger and more luxurious condo for a fraction of what they paid for a smaller home in Australia.
• 🎥 Leisure activities like watching movies are significantly more affordable in Southeast Asia, allowing the family to enjoy them more frequently.
• 🏋️‍♂️ After-school sports and activities for children are much cheaper in Southeast Asia, enabling the kids to participate in multiple sports and clubs.
• 💸 The cost of living in Australia is rising, making it difficult for many to maintain a decent quality of life without sacrificing other aspects.
• 🌱 The family's move to Southeast Asia has allowed them to live a life they believe is more in line with their expectations and values.
• 🤔 The speaker reflects on their childhood in Australia and questions how their parents were able to afford the lifestyle they had, attributing it to inflation and increased costs.
• 🌐 The decision to relocate was not taken lightly and was a response to the reality of living in Australia, where many struggle to achieve a good quality of life.

Q & A

Why did the family decide to leave Australia?

The family decided to leave Australia due to the high cost of living and the desire to improve their quality of life. They found it difficult to afford the lifestyle they wanted on their income.

What was the family's annual income in Australia?

The family was earning $110,000 a year in Australia.

How does the family's former income compare to the average Australian household income?

Their income was above the average Australian household income, which is about $90,000 a year according to the Australian Bureau of Statistics.

Why did some people in the comments consider the family 'poor' despite their income?

Some people considered them 'poor' because they were barely able to save and invest due to the high cost of living, which made it challenging to achieve financial stability and a high quality of life.

Where did the family move to after leaving Australia?

The family moved to Southeast Asia and are currently living in a place called Penang in Malaysia.

How does the cost of living in Southeast Asia compare to that in Australia according to the family?

The cost of living in Southeast Asia is significantly lower, being half to two-thirds cheaper than in Australia, which allows the family to live more comfortably on the same income.

What is the family's current accommodation like in Penang?

They live in a 270 sq meter, four-bedroom, five-bathroom condo with maid's quarters, a second kitchen, and a view of the ocean. The condo facilities include a large pool, a slide, and a fully equipped gym.

How much do they pay per week for their current accommodation in Penang?

They pay $180 per week for their accommodation in Penang.

What activities are the family able to afford for their children in Southeast Asia that they couldn't in Australia?

In Southeast Asia, they can afford for their children to participate in basketball, soccer, Muay Thai, chess club, and a STEM club for coding, which were too expensive in Australia.

How does the affordability of activities for children in Southeast Asia compare to Australia?

Activities for children are significantly more affordable in Southeast Asia, with the cost for basketball training being $100 for three months and the coding and STEM club being $200 every four months, compared to the high costs in Australia.

What is the family's perspective on the quality of life in Australia versus Southeast Asia?

The family believes that while they were able to survive in Australia, the quality of life was not as high due to the high cost of living. In Southeast Asia, they are able to live a better life with more savings and a wider range of activities and opportunities for their children.