WEBVTT - Tips to Take Back Control of Your Finances When It's Too Stressful to Even Start 😩 with Money Mode's Renae 0:00:00.560 --> 0:00:03.440 I'd like to begin by acknowledging the traditional custodians of 0:00:03.480 --> 0:00:06.920 country throughout Australia and their connections to land, sea and community. 0:00:07.360 --> 0:00:09.960 We pay our respect to their elders past present, and 0:00:10.039 --> 0:00:13.000 extend that respect to all Aboriginal and Torres Strait Islander 0:00:13.000 --> 0:00:18.360 peoples today. Welcome to Stepping Up the podcast where we 0:00:18.400 --> 0:00:23.520 explore all things organization, mental health routines, personal development, motherhood 0:00:23.520 --> 0:00:26.200 and health. I'm your host, Steph Pace, and I'm the 0:00:26.280 --> 0:00:29.480 woman behind Just Another Mummy blog and also the founder 0:00:29.520 --> 0:00:32.280 of Steph Pace Planners. But I can assure you this 0:00:32.320 --> 0:00:35.320 is not just another podcast online. I'm known for my 0:00:35.400 --> 0:00:38.640 organization tips and tricks and the occasional banter, but it 0:00:38.760 --> 0:00:41.400 definitely wasn't always this way. I used to be a 0:00:41.479 --> 0:00:44.879 hot mess and occasionally still am. And I'm here as 0:00:44.920 --> 0:00:47.360 your honest and real friend each week to show you 0:00:47.400 --> 0:00:49.840 how I turn my life of chaos into clarity. 0:00:50.280 --> 0:00:52.240 Between the house, health, kids. 0:00:52.040 --> 0:00:54.480 Work, and wanting to be the best version of yourself, 0:00:54.480 --> 0:00:56.600 it can be overwhelming, and I'm here to give you 0:00:56.640 --> 0:00:58.600 the tools and tips to stop you feeling like a 0:00:58.640 --> 0:01:02.000 slave to your daily time, asks, home life, and especially 0:01:02.040 --> 0:01:03.840 the expectations you have on yourself. 0:01:04.480 --> 0:01:05.399 Join me as I share my. 0:01:05.440 --> 0:01:07.640 Journey and insights into the art of balancing at all 0:01:07.760 --> 0:01:09.720 and speak to guests who can help us all live 0:01:09.760 --> 0:01:13.080 a better life. Whether you're looking to streamline your daily routines, 0:01:13.160 --> 0:01:16.800 fish your wellbeing, achieve your fitness goals, diamond to personal development, 0:01:16.920 --> 0:01:19.560 or find inspiration to steff up into the best version 0:01:19.560 --> 0:01:21.000 of yourself, We've got you. 0:01:21.680 --> 0:01:24.200 So are you ready to step up your game? Let's go. 0:01:26.160 --> 0:01:29.440 Hello, Renee, thank you so much for coming on the 0:01:29.440 --> 0:01:30.360 Stepping Up Podcast. 0:01:30.480 --> 0:01:33.440 Oh hi, Steff I'm so excited to be here and 0:01:33.480 --> 0:01:34.720 to be chatting with you today. 0:01:35.040 --> 0:01:35.880 Thank you so much. 0:01:36.000 --> 0:01:38.000 This isn't actually the first time Renee and I have 0:01:38.080 --> 0:01:40.640 tried to record this podcast. We tried to do it 0:01:40.680 --> 0:01:43.200 a couple of weeks ago, and technology hates me. I 0:01:43.200 --> 0:01:45.840 feel like, you know, Mercury's in the bloody microwave again 0:01:45.920 --> 0:01:48.200 because we had an hour of tech issue. So we're 0:01:48.240 --> 0:01:50.880 back here and we're ready to go. All the text 0:01:50.960 --> 0:01:54.960 working hopefully. But I'm really excited about today's episode because 0:01:55.200 --> 0:01:58.480 I haven't really touched on money at all on my podcast, 0:01:58.560 --> 0:02:00.920 and I've been doing it since I Troba last year 0:02:00.960 --> 0:02:04.960 and I came across Renee online and we started working 0:02:04.960 --> 0:02:07.960 together for my business planner because I really needed some 0:02:08.040 --> 0:02:10.440 help with the financial stuff. You know, your goal isn't 0:02:10.440 --> 0:02:13.120 a numbers kind of person. And what really drew me 0:02:13.200 --> 0:02:15.679 to you, Rena was, you know, when I was searching 0:02:15.760 --> 0:02:18.679 for financial advisors and planners online was for me who 0:02:18.800 --> 0:02:23.280 was not necessarily the best at maths, especially, I get 0:02:23.360 --> 0:02:26.960 quite anxious and overwhelmed when it comes to finances. And now, 0:02:27.000 --> 0:02:29.160 in saying that, you know before what I'm doing now, 0:02:29.200 --> 0:02:30.920 I had my own makeup business. I had to do 0:02:30.960 --> 0:02:33.000 the books and all that type of stuff, but I've 0:02:33.000 --> 0:02:35.720 always had kind of rhyme to help me along the way. Nonetheless, 0:02:35.720 --> 0:02:38.560 when I was online looking for you the Unicorn, there 0:02:38.600 --> 0:02:40.760 was a lot of accounts that kind of just seemed 0:02:40.760 --> 0:02:43.000 a little bit too intense and I just didn't really 0:02:43.080 --> 0:02:45.440 understand the lingo they were using. And what drew me 0:02:45.480 --> 0:02:47.639 to you and money Mode, which is your business, which 0:02:47.639 --> 0:02:50.680 is amazing, is the way you really break down the 0:02:50.720 --> 0:02:54.080 barriers of financial advice and you make it disuccessible, you 0:02:54.120 --> 0:02:57.360 make it affordable, meaningful, and you actually care about the 0:02:57.400 --> 0:03:00.400 people on any part of their journey. So yeah, it 0:03:00.440 --> 0:03:02.200 was really good. To work together, and I just think 0:03:02.320 --> 0:03:03.680 what you do is just incredible. 0:03:04.080 --> 0:03:05.120 Thank you, thank you. 0:03:05.240 --> 0:03:07.519 And I think that's, you know, always been a big 0:03:07.560 --> 0:03:10.880 part of my mission is to make money easy to 0:03:10.960 --> 0:03:13.320 understand and to be able to put that money conversation 0:03:13.600 --> 0:03:16.160 on the table, because it is quite a taboo topic 0:03:16.360 --> 0:03:18.840 and it's almost like, you know, it's not something that's 0:03:18.960 --> 0:03:20.240 publicly discussed. 0:03:20.240 --> 0:03:22.160 You don't discuss it with your friends, You often don't 0:03:22.160 --> 0:03:23.280 discuss it with your family. 0:03:23.320 --> 0:03:25.280 And I think my mission's always been to try and 0:03:25.320 --> 0:03:28.200 come at money in a really kind of simple, digestible 0:03:28.200 --> 0:03:29.600 way to say I love it. 0:03:29.800 --> 0:03:31.720 So I did see. I was looking at it like. 0:03:31.639 --> 0:03:33.519 You're doing a bit of research into you, which I 0:03:33.520 --> 0:03:35.120 already knew fair a bit, but you know, I like 0:03:35.200 --> 0:03:37.400 to put my detective hat on, and I actually saw 0:03:37.520 --> 0:03:40.000 that your first business venture was at the age of 0:03:40.000 --> 0:03:44.880 twelve making craft items, yes, with your very helpful grandmothers, 0:03:44.960 --> 0:03:48.000 and you had your own stores at the weekend markets. Well, 0:03:48.120 --> 0:03:50.520 I'll have you know when I was, when I was 0:03:50.560 --> 0:03:53.040 about the same age, I actually used to have all 0:03:53.080 --> 0:03:56.120 these old sheets and I would draw Pokemon on it 0:03:56.360 --> 0:03:58.720 and then I'd cut it out and then sew it 0:03:58.800 --> 0:04:00.840 up and put more sheets into to make toys, and 0:04:00.840 --> 0:04:02.200 I would sell them on the streets. 0:04:02.200 --> 0:04:05.160 Oh my god, I wasn't as such as you like 0:04:05.160 --> 0:04:06.040 little entrepreneurs. 0:04:06.000 --> 0:04:10.080 I feel like that entrepreneurial streak starts very early in 0:04:10.120 --> 0:04:11.680 most people, doesn't it. 0:04:11.800 --> 0:04:12.800 Yeah, it's so good. 0:04:12.800 --> 0:04:14.680 And I thought that was just really beautiful that you know, 0:04:15.000 --> 0:04:17.880 you share that type of stuff too, because again, with money, 0:04:18.120 --> 0:04:20.760 it tends to be something that doesn't feel is very personal, 0:04:21.000 --> 0:04:23.280 like it's weird, it's personal because you feel like you 0:04:23.279 --> 0:04:24.640 don't want to share it. And then, as you said, 0:04:24.640 --> 0:04:27.120 there's a stigma, there's shame attached to it. And then 0:04:27.160 --> 0:04:29.280 even when you do go well, you feel like you 0:04:29.320 --> 0:04:32.400 can't tell people because then they'll talk poppy syndrome, which 0:04:32.440 --> 0:04:35.240 is really bad in Australia. Yeah, exactly, And yeah, you 0:04:35.279 --> 0:04:38.560 just really humanize the financial planning industry, don't you. 0:04:38.800 --> 0:04:39.040 Yeah. 0:04:39.080 --> 0:04:42.039 And I think that, you know, money is involved in 0:04:42.440 --> 0:04:44.799 so many decisions that we make on a daily basis, 0:04:44.839 --> 0:04:45.360 like does the. 0:04:45.320 --> 0:04:47.360 Little decisions or the big decisions? 0:04:47.520 --> 0:04:50.200 And because it's not something that's talked about, I kind 0:04:50.200 --> 0:04:53.000 of really want to bring the voice to making the 0:04:53.040 --> 0:04:56.479 money conversations easy to have and you know, to take 0:04:56.520 --> 0:04:59.720 that stigma away from money, because money, the way I 0:04:59.760 --> 0:05:03.120 see it is it's just a tool at the end 0:05:03.120 --> 0:05:05.320 of the day, Like money is just a tool that 0:05:05.760 --> 0:05:08.599 enables us to live our lives in a certain way. 0:05:08.880 --> 0:05:11.000 And that's really how we've got to view it. There's 0:05:11.000 --> 0:05:14.800 so much stigma, emotion, and all of that embroiled in 0:05:15.160 --> 0:05:18.240 how we think and feel about money that I just 0:05:18.320 --> 0:05:21.599 kind of want to make people realize that it is 0:05:21.680 --> 0:05:23.719 really just a tool that, where we like it or not, 0:05:23.800 --> 0:05:24.359 we all. 0:05:24.200 --> 0:05:26.200 Have to deal in it because we need a roof 0:05:26.200 --> 0:05:26.640 over our. 0:05:26.520 --> 0:05:28.400 Heads, we need to put food on the table, and 0:05:28.440 --> 0:05:31.159 then you know, anything else we do over and above 0:05:31.200 --> 0:05:34.040 that money does give us choices and allows us to 0:05:34.080 --> 0:05:36.080 live our life in a certain way. So the more 0:05:36.160 --> 0:05:39.400 that we can embrace it, understand it, feel good. 0:05:39.200 --> 0:05:41.560 About it, then the better outcomes we're all going to have. 0:05:41.839 --> 0:05:43.480 I love that, and I love how you said it's 0:05:43.480 --> 0:05:47.039 a tool because I feel like, ultimately it impacts our money. 0:05:47.440 --> 0:05:48.000 Let's be honest. 0:05:48.279 --> 0:05:50.760 And obviously you can be you can be born into 0:05:51.279 --> 0:05:54.040 such great circumstances or demographics and things like that that 0:05:54.120 --> 0:05:56.880 affects chances of getting jobs, all those types of things 0:05:56.880 --> 0:06:00.159 you education, But I think the fact that you've just said, 0:06:00.200 --> 0:06:02.240 like it is a tool and you kind of need 0:06:02.279 --> 0:06:05.400 to remove the personal aspect to it and not let 0:06:05.400 --> 0:06:08.440 it define you exactly. You can't be like where you 0:06:08.480 --> 0:06:10.600 want to be financially, but it doesn't mean you're any 0:06:10.640 --> 0:06:13.000 less worthy than the person next to you that makes 0:06:13.279 --> 0:06:15.920 six seven figures, Like you're still just as worthy as 0:06:15.960 --> 0:06:19.360 the next person. And I'm really excited to dive into 0:06:19.400 --> 0:06:22.200 this top bit because again, it's just so foreign to me, 0:06:22.279 --> 0:06:24.920 and I even feel funny talking about money all the top, 0:06:25.120 --> 0:06:27.720 even at work for you know, staff pace planners when 0:06:27.720 --> 0:06:29.680 we have our financial meetings. I hate it, like I 0:06:29.720 --> 0:06:31.440 literally want to run, I might let me out and 0:06:31.480 --> 0:06:33.440 I panic. I definitely get into that, which I think 0:06:33.480 --> 0:06:35.480 people listening would probably find this odd. But as a 0:06:35.520 --> 0:06:38.680 business owner, you have a shit ton of overheads, and 0:06:38.880 --> 0:06:42.440 I go straight into scarcity mindset because you know, the 0:06:42.480 --> 0:06:45.040 overheads are just crazy, they're growing and you know you're 0:06:45.040 --> 0:06:47.760 trying to keep up. So I really don't like being 0:06:47.800 --> 0:06:50.680 in that scarcity mindset. And another thing that actually surprises 0:06:50.720 --> 0:06:52.680 people is you know when you do your top values, 0:06:52.800 --> 0:06:55.240 Like as a person, I do my top values, and 0:06:55.480 --> 0:06:57.800 my top ones were not money at all. So when 0:06:57.839 --> 0:07:00.920 I started my business and everything, I literally because I 0:07:00.960 --> 0:07:03.120 loved it. I was passionate about it. But I'm not 0:07:03.200 --> 0:07:05.000 driven by money and I never have been. 0:07:05.160 --> 0:07:07.440 So I really struggle with this topic because of that 0:07:07.520 --> 0:07:08.000 as well. 0:07:08.640 --> 0:07:11.440 It's so common and you know, part of my business, 0:07:11.520 --> 0:07:14.160 I run an education program called the Money Mode School, 0:07:14.160 --> 0:07:16.280 and one of the big things that I talk about 0:07:16.320 --> 0:07:21.200 in there is working on your values because we tie 0:07:21.600 --> 0:07:25.720 so much of our status and ego and self worth 0:07:25.800 --> 0:07:27.960 into our financial position. 0:07:28.040 --> 0:07:29.120 But yet then when. 0:07:28.960 --> 0:07:32.760 We dive into our values and our belief system, money 0:07:32.840 --> 0:07:35.760 isn't one of those. And that's sort of where coming 0:07:35.800 --> 0:07:39.040 back to what I said before about money being the tool. 0:07:39.920 --> 0:07:42.880 Money is just the tool that can support you to 0:07:43.000 --> 0:07:45.760 live life on your terms, but your values always have 0:07:45.840 --> 0:07:48.400 to guide the decisions that you make, and money's kind 0:07:48.400 --> 0:07:51.040 of just that resource there that allows you to do it. 0:07:51.600 --> 0:07:54.280 And yeah, I don't mean to sound wishy washy with that, 0:07:54.400 --> 0:07:57.520 but the more we can kind of break the practical 0:07:57.560 --> 0:08:00.320 side and the emotional side of money apart see it 0:08:00.320 --> 0:08:03.360 as a tool, and then it's like life admin. 0:08:03.080 --> 0:08:05.920 You know, like we have to deal with emails. 0:08:06.160 --> 0:08:08.520 Yeah, take good dog to the vat exactly, and so 0:08:08.680 --> 0:08:11.120 trating your money a bit like you know, a life 0:08:11.160 --> 0:08:14.200 admin piece as well, is really how you need to 0:08:14.200 --> 0:08:17.240 do it. But it's also your understanding those emotions that 0:08:17.360 --> 0:08:19.720 come into play in terms of you know, tying in 0:08:19.720 --> 0:08:22.600 our self worth and whatever with money, that and not 0:08:22.640 --> 0:08:25.800 being afraid of it either back to that scarcity mindset, 0:08:26.080 --> 0:08:28.640 the messages that we get, Like I talk a lot 0:08:28.680 --> 0:08:31.960 about money stories. Our money story is our I call 0:08:31.960 --> 0:08:34.640 it our deep seated value and belief system around money. 0:08:34.640 --> 0:08:36.880 But it's actually not really about the money at all. 0:08:37.040 --> 0:08:39.520 So if you think back to your childhood, and everyone's 0:08:39.520 --> 0:08:42.120 got a different money story, like and different variations of 0:08:42.160 --> 0:08:44.280 the men because it's based on your life experience and 0:08:44.280 --> 0:08:48.320 what you've heard, the conscious and unconscious kind of beliefs 0:08:48.360 --> 0:08:50.560 that have been instilled in you. So I think back 0:08:50.600 --> 0:08:53.400 to my childhood, I don't remember my parents ever talking 0:08:53.400 --> 0:08:56.080 about money, So money wasn't a conversation on the table. 0:08:56.120 --> 0:09:00.440 But oh wow, but we were the opposite, were you. Yeah, yeah, 0:09:00.520 --> 0:09:01.720 I definitely. 0:09:01.440 --> 0:09:04.000 Observed things and I knew I would say my parents 0:09:04.000 --> 0:09:06.960 were very resourceful, frugal. You know, we didn't have a 0:09:06.960 --> 0:09:09.000 lot of money, but I was fully aware of our 0:09:09.000 --> 0:09:12.600 financial situation, but I don't remember it being actually spoken 0:09:12.600 --> 0:09:15.040 about to me. That makes sense, Yeah, so tell me 0:09:15.080 --> 0:09:16.640 about yours. 0:09:16.920 --> 0:09:17.120 Yeah. 0:09:17.200 --> 0:09:18.960 So for me, and I won't go into it too 0:09:19.040 --> 0:09:20.080 much because I'll be here forever. 0:09:20.240 --> 0:09:24.360 But my parents are very scarcity mindset, very much so 0:09:24.480 --> 0:09:27.120 my mother. You know, I remember when favor got some 0:09:27.600 --> 0:09:29.840 coins and stuff, She's this like book and I'd have 0:09:29.840 --> 0:09:31.760 to like sign it and pay it back from like 0:09:31.800 --> 0:09:34.320 a really young age. And she was very much like 0:09:34.400 --> 0:09:36.520 even when we were comfortable with my dad, you know, 0:09:36.559 --> 0:09:38.160 he worked full time of the tax office. You know, 0:09:38.200 --> 0:09:41.680 we definitely weren't well off, but like we were pretty decent. 0:09:41.720 --> 0:09:43.680 You know, we still managed, we got to go on holidays, 0:09:43.679 --> 0:09:46.760 like so that is well off considering. But like I 0:09:46.760 --> 0:09:48.920 guess you could say we couldn't just splurge, you know, 0:09:48.960 --> 0:09:51.760 because for them in their generation, you know, my mother 0:09:51.800 --> 0:09:53.840 grew up, they didn't have any money. Even when we 0:09:54.000 --> 0:09:56.520 had it, she wouldn't spend it. So even our cupboard 0:09:56.559 --> 0:09:58.640 were pretty bare, like there was never really any food, 0:09:58.880 --> 0:10:01.400 and it was just really what all she thought about 0:10:01.480 --> 0:10:03.800 was money, and that's all she really kind of cared about, 0:10:03.840 --> 0:10:05.640 to be honest as well. So for me, I think 0:10:05.760 --> 0:10:08.080 I maybe repel that because I want to be different 0:10:08.080 --> 0:10:11.040 and I want to put people and experiences above the money, 0:10:11.080 --> 0:10:14.760 and I do. I can definitely sympathize with that. Yeah, 0:10:14.800 --> 0:10:17.040 but I think that's probably why I am the way 0:10:17.080 --> 0:10:20.480 I am, because I'm like, I'd rather, you know, have 0:10:20.600 --> 0:10:23.320 people over for dinner and buy five pizzas instead of 0:10:23.320 --> 0:10:25.160 just the one and everyone gets one slice. 0:10:24.880 --> 0:10:25.600 Because that's the stuff. 0:10:25.640 --> 0:10:28.439 That's what we had, Like it was very very minimal 0:10:28.600 --> 0:10:31.600 food and stuff. Yeah, I would love to know why 0:10:31.640 --> 0:10:33.840 and how you got into the finance space, you know, 0:10:33.920 --> 0:10:35.400 And I really loved that, As I said, I love 0:10:35.400 --> 0:10:37.360 your messaging and even before how you said you don't 0:10:37.400 --> 0:10:39.120 want to come across as woo woo or like the 0:10:39.160 --> 0:10:40.839 emotional side. But I think that's what we need and 0:10:40.880 --> 0:10:43.720 I think that that's why this conversation is so important. 0:10:43.800 --> 0:10:46.200 So what inspired you to, you know, get into finance 0:10:46.200 --> 0:10:48.000 and break the mold and do things differently. 0:10:48.440 --> 0:10:48.840 Yeah. 0:10:48.880 --> 0:10:52.480 So for me, I was really good at maths at school, 0:10:52.520 --> 0:10:54.679 Like that was kind of my strong subject. I have 0:10:54.800 --> 0:10:58.320 this really like kind of logical brain and I needed answers. 0:10:58.440 --> 0:11:01.200 So I went and did a business degree and I 0:11:01.240 --> 0:11:05.920 started out doing accounting and finance, and I was just like, 0:11:06.000 --> 0:11:08.760 I felt like my personality just really didn't kind of 0:11:09.520 --> 0:11:12.560 fit the mold. And then when the UNI I was at, 0:11:12.600 --> 0:11:16.240 they introduced financial planning as a as a stream or 0:11:16.240 --> 0:11:18.600 as a major, and I did the first unit. I thought, 0:11:18.600 --> 0:11:20.120 I'll give that a try and see what I think 0:11:20.120 --> 0:11:21.720 about that. I think I was in my second year 0:11:21.760 --> 0:11:23.480 and I was just like, oh my god, this is it. 0:11:23.600 --> 0:11:26.559 Like the penny just dropped straight away, and I was 0:11:26.679 --> 0:11:30.360 learning all of these things about which sounds so uninspiring now, 0:11:30.400 --> 0:11:32.959 but about superannuation and tax and all of that. 0:11:33.000 --> 0:11:36.120 But it was at a person so sexy, really sexy stuff, 0:11:36.120 --> 0:11:38.360 but it was at an individual level. And everything else I'd. 0:11:38.240 --> 0:11:41.240 Been studying was at big corporation levels and all the 0:11:41.240 --> 0:11:43.120 rest of it. And so I was like, oh my god, 0:11:43.160 --> 0:11:45.760 if my parents knew this information, all my aunties and 0:11:45.880 --> 0:11:48.000 uncles and my family members knew this, so that would 0:11:48.040 --> 0:11:49.960 make such a big difference to, you know, the way 0:11:49.960 --> 0:11:52.200 they're living their lives or their outcomes. And so I 0:11:52.240 --> 0:11:53.840 was just like, oh my god, this is just like 0:11:53.880 --> 0:11:55.280 I can't believe people don't. 0:11:55.080 --> 0:11:55.960 Know this stuff. 0:11:55.960 --> 0:11:58.840 So I was just so excited about being able to 0:11:58.880 --> 0:12:02.680 make an impact on individual people like my parents. From 0:12:02.800 --> 0:12:05.360 the first moment I started studying it, and then when 0:12:05.400 --> 0:12:08.040 I got out into work, it was a. 0:12:07.960 --> 0:12:09.480 Really hard industry to get into. 0:12:09.600 --> 0:12:12.319 So I eventually got there and yeah, sort of worked 0:12:12.320 --> 0:12:14.640 for different, you know, a few different firms over the years, 0:12:14.679 --> 0:12:18.800 and then when I was pregnant, I was Yeah, for 0:12:18.840 --> 0:12:21.439 a little while, i'd been a bit frustrated with the industry. 0:12:21.600 --> 0:12:24.160 So I've been in the industry for just over twenty 0:12:24.280 --> 0:12:27.640 years and I was getting to the point where I 0:12:27.760 --> 0:12:30.239 was really frustrated with the industry. It was male dominated. 0:12:30.720 --> 0:12:34.080 At the time, I was working for ye an all 0:12:34.080 --> 0:12:38.720 male firm. There were seven male partners, all male advisors, and. 0:12:38.679 --> 0:12:41.200 It was just this is just so out of skew. 0:12:41.520 --> 0:12:43.880 Nothing wrong though, you know, they were great at what 0:12:43.920 --> 0:12:45.920 they did, but it was like, where's the kind of 0:12:45.960 --> 0:12:49.400 feminine voice to this. And also I felt like the 0:12:49.440 --> 0:12:54.000 industry was full of egos and full of people talking 0:12:54.400 --> 0:12:58.360 jargon and making it more complicated than it needed be. 0:12:58.640 --> 0:13:01.480 Yeah, so I was just peoplelized on Instagram. 0:13:00.920 --> 0:13:03.760 Exactly, and I was like, this is just we need 0:13:03.800 --> 0:13:06.840 to be helping people. And coming at this from a 0:13:06.880 --> 0:13:10.800 completely different angle around that time as well, I reckon 0:13:11.040 --> 0:13:14.560 the Barefoot Investor book was just like the top selling 0:13:14.559 --> 0:13:16.080 book for a couple of years in a row, and 0:13:16.120 --> 0:13:18.760 it was going crazy. And I watched that with real fascination, 0:13:19.000 --> 0:13:22.839 thinking all these basics about like the fundamentals about money, 0:13:22.840 --> 0:13:25.679 that's actually what everyday people want to learn about and 0:13:25.720 --> 0:13:28.160 want to know about. And it's like the financial planning 0:13:28.160 --> 0:13:31.520 industry was just at this really complicated level, and so 0:13:31.640 --> 0:13:34.199 that was a big passion of mine to go, then 0:13:34.280 --> 0:13:37.280 we need to fill a gap here and help people 0:13:37.320 --> 0:13:40.079 because money is not something that's taught at school, and. 0:13:40.000 --> 0:13:42.079 Where are people supposed to find this information? 0:13:42.320 --> 0:13:44.959 So that's really where starting my business five years ago, 0:13:45.160 --> 0:13:48.080 where that real kind of driving passion came from. It 0:13:48.120 --> 0:13:50.320 was kind of born out of this frustration that the 0:13:50.440 --> 0:13:53.640 know how wasn't easily available for people to access. 0:13:53.920 --> 0:13:56.400 Yeah, that's amazing. I think, Yeah, you're so right that 0:13:56.480 --> 0:13:58.880 it is very much so well. I don't know what 0:13:58.920 --> 0:14:01.520 it's like now, but I could imagine it's a male 0:14:01.640 --> 0:14:04.599 dominated industry. And I think it's really interesting how you 0:14:04.640 --> 0:14:06.880 said when you finally started learning about super for the 0:14:06.920 --> 0:14:10.000 individuals and like stuffed individuals, because that's relatable. 0:14:10.120 --> 0:14:12.160 That's what lead you up. And I think that's what 0:14:12.200 --> 0:14:13.079 it's all about. 0:14:12.840 --> 0:14:15.280 When they're using all this jug and that not the 0:14:15.320 --> 0:14:17.800 everyday person understands like I wouldn't have a bloody clue. 0:14:17.800 --> 0:14:21.800 It's always felt really unattainable to completely understand my financial situation. 0:14:22.240 --> 0:14:24.520 And that's why I just think I'm so excited for 0:14:24.520 --> 0:14:27.600 people to get so many nuggets of gold in this episode. 0:14:27.720 --> 0:14:30.360 And one thing I do want to ask is where 0:14:30.400 --> 0:14:34.120 do you see most women, people, anyone, the everyday person, 0:14:34.240 --> 0:14:35.840 go wrong when it comes to money. 0:14:35.960 --> 0:14:37.760 Yeah, So I think a little bit about what you 0:14:37.800 --> 0:14:40.880 were saying about yourself before, it's around confidence. So a 0:14:40.920 --> 0:14:44.080 lot of women typically think they're not good at money, 0:14:44.200 --> 0:14:46.760 and there's probably good reasons for it that you know, 0:14:46.800 --> 0:14:49.480 it's not something that's taught this to move topic, and 0:14:49.560 --> 0:14:52.000 it's not a conversation that we would have with, you know, 0:14:52.080 --> 0:14:54.640 with our friends or whatever. So I think there's a 0:14:54.680 --> 0:14:57.560 real lack of confidence there. And then I think also 0:14:57.680 --> 0:14:59.800 I think as we go on in life a bit, 0:15:00.000 --> 0:15:05.200 particularly mothers typically take time out of the workforce for caregiving. 0:15:05.440 --> 0:15:09.360 Life gets busy, and I guess societal norms are that 0:15:09.520 --> 0:15:12.640 the breadwinner, which is often not always but it's often 0:15:12.760 --> 0:15:15.840 the male partner that they'll make the financial decisions, and 0:15:15.920 --> 0:15:17.680 you know, you got a lot on your plate with 0:15:17.800 --> 0:15:19.880 the motherhood load and all that. When I like to 0:15:19.920 --> 0:15:22.320 call it that, it's kind of just something that a 0:15:22.360 --> 0:15:24.600 lot of women go like, oh, that's just something I'll. 0:15:24.560 --> 0:15:25.640 Leave to my partner. 0:15:25.720 --> 0:15:27.480 And so I think that it just kind of a 0:15:27.520 --> 0:15:31.040 bit of a snowball effective losing confidence and then thinking, well, 0:15:31.080 --> 0:15:33.560 it's probably not something that I need to worry about. 0:15:33.800 --> 0:15:36.360 Yeah, definitely that narrative, Like you said, like that confidence. 0:15:36.520 --> 0:15:38.000 For example, a few weeks ago, I went to the 0:15:38.040 --> 0:15:41.440 snow and when I had people who were better than 0:15:41.440 --> 0:15:44.080 me at skiing, I wouldn't actually just be shit and 0:15:44.080 --> 0:15:46.120 I'd fall on my bom every two seconds. But then 0:15:46.200 --> 0:15:48.240 when I'd have beginners under me, that would make me 0:15:48.280 --> 0:15:50.200 feel confident, and the next minute, I'm skiing better than 0:15:50.200 --> 0:15:52.040 I've ever skied before. And it's the saying when I think, 0:15:52.160 --> 0:15:54.800 when it comes to things like money or even most 0:15:54.840 --> 0:15:56.640 of my life, I thought I wasn't a fit person, 0:15:56.720 --> 0:15:58.880 so therefore I had already made the decision up, so 0:15:58.920 --> 0:16:00.680 I'm not going to even try. We are all sitting 0:16:00.680 --> 0:16:03.920 there thinking I'm not good at money. I don't understand it. Yes, 0:16:03.960 --> 0:16:05.840 it's too much. Then you're never going to be able 0:16:05.840 --> 0:16:08.160 to change your financial situation really exactly. 0:16:08.960 --> 0:16:09.160 Yeah. 0:16:09.360 --> 0:16:12.880 Yeah, So what are some really helpful tips that are 0:16:12.920 --> 0:16:15.600 just easy to implement or semi easy, yes, that can 0:16:15.640 --> 0:16:18.400 help make your finances easier and less overwhelming. 0:16:18.520 --> 0:16:21.280 Yeah, like a couple of really key things right that 0:16:21.520 --> 0:16:23.880 everyone will have heard. But you need to spend within 0:16:23.960 --> 0:16:26.960 your means, Like you have to spend less money than 0:16:27.000 --> 0:16:30.280 you are earning. And it's become really hard in this 0:16:30.720 --> 0:16:34.080 modern day society when everything's tap and go like, so 0:16:34.200 --> 0:16:36.920 we don't really deal with cash much anymore, and it 0:16:36.920 --> 0:16:40.000 can be really hard to lose track of your money. 0:16:40.080 --> 0:16:42.120 So I'm going to say the dirty bee word, but 0:16:42.160 --> 0:16:44.920 you need to do a budget. And I think looking 0:16:44.920 --> 0:16:47.440 at a budget lot most people when they hear that word, 0:16:47.720 --> 0:16:50.840 think deprivation. I'm going to have to deprive myself of something. 0:16:50.880 --> 0:16:53.240 But I think you think restriction. You just think, oh no, 0:16:53.640 --> 0:16:53.840 do that. 0:16:54.320 --> 0:16:55.240 Yeah, it's like diet. 0:16:55.320 --> 0:16:57.200 You know, I'm going to have to take something away, 0:16:57.400 --> 0:17:00.200 and you know, I like to call it a spending plan, but. 0:17:00.320 --> 0:17:02.920 To really like that, you've got the word plan. 0:17:03.040 --> 0:17:05.040 We're not like that yes, So. 0:17:05.480 --> 0:17:07.320 You got to do a spending plan. You kind of 0:17:07.359 --> 0:17:10.040 got to go what does it cost to run my life? 0:17:10.119 --> 0:17:10.239 Like? 0:17:10.320 --> 0:17:13.760 What do I need to spend on the essential things 0:17:13.840 --> 0:17:16.200 to put a roof over my head, to put food 0:17:16.240 --> 0:17:18.840 on the table, to you know, put petrol in the 0:17:18.840 --> 0:17:21.080 car with There's necessities that we all have to pay 0:17:21.119 --> 0:17:22.520 that kind of take first priority. 0:17:22.600 --> 0:17:24.400 So it's kind of like doing a bit of spending plan. 0:17:24.480 --> 0:17:26.120 What is that? And then it's like. 0:17:26.119 --> 0:17:29.800