Budgets

After a few days of seriously working on our finances, we have finally calculated how much money we really have, in terms of what it is worth in the UK, which is not a lot really when you convert Australian dollars to English pounds. A very difficult exercise, even when using a calculator! Walter has also completed a tax return so we are all clear with the taxation office. As pensioners we do not want to end up in prison, for tax evasion. However, it has not all finished yet as we now have to work out a budget that will allow us to spend lots of time travelling. So there are things that will have to go - expensive wine, a second car, all those magazines and private banking. I loved the look on the private banking advisor's face when we told her that we were now pensioners and asked her if we were still eligible to use the service! In order to make us feel better about budgetting we went shopping and bought some new clothes. Just in case we run out of money.