1 00:00:00,280 --> 00:00:03,920 Speaker 1: This podcast is recorded on gadigal Land Always was, always 2 00:00:03,920 --> 00:00:05,519 Speaker 1: will be Aboriginal Land. 3 00:00:12,600 --> 00:00:15,440 Speaker 2: Patricks, I'm out and this is Two Road Chicks, the 4 00:00:15,480 --> 00:00:18,160 Speaker 2: show that shares life lessons and tips to make you 5 00:00:18,760 --> 00:00:20,440 Speaker 2: rich in life. 6 00:00:20,840 --> 00:00:24,599 Speaker 1: And welcome back. Happy Tuesday if you're listening on a Tuesday, 7 00:00:24,960 --> 00:00:30,560 Speaker 1: Happy whatever day if you're listening on any other day. Yeah, yeah, 8 00:00:30,840 --> 00:00:34,479 Speaker 1: it's been ages. It's been like four days. That's all 9 00:00:34,560 --> 00:00:38,720 Speaker 1: it takes. Yep. But today we are talking the singles 10 00:00:38,800 --> 00:00:42,400 Speaker 1: tax and money in Relationships. This has been one of 11 00:00:42,440 --> 00:00:48,400 Speaker 1: the most requested episodes ever that we've been you know, 12 00:00:48,479 --> 00:00:50,880 Speaker 1: sitting on and wanting to do, and we got some 13 00:00:50,960 --> 00:00:53,720 Speaker 1: chick submissions for it as well, so I'm really excited 14 00:00:53,720 --> 00:00:56,000 Speaker 1: for this episode. Yes, it's going to be a good one. 15 00:00:56,080 --> 00:00:58,600 Speaker 1: But before we start, as always. 16 00:00:58,200 --> 00:01:01,200 Speaker 3: Whenever we cover any topic to do with this isn't 17 00:01:01,240 --> 00:01:05,559 Speaker 3: financial advice. We do have lots of suggestions from the chicks, 18 00:01:05,600 --> 00:01:08,440 Speaker 3: but of course your situation is very specific to you, 19 00:01:08,640 --> 00:01:11,400 Speaker 3: so take every piece of advice with a grain of salt. 20 00:01:11,600 --> 00:01:13,959 Speaker 3: Not financial advice. Go speak to an accountant or a 21 00:01:14,040 --> 00:01:17,319 Speaker 3: tax agent if you have any specific question one sorry. 22 00:01:17,360 --> 00:01:19,759 Speaker 1: Before we get into the episode, as always, we start 23 00:01:19,800 --> 00:01:23,400 Speaker 1: with things that we're obsessed with. And mine's got a 24 00:01:23,440 --> 00:01:27,119 Speaker 1: little bit of a story. I bought this item for 25 00:01:27,600 --> 00:01:31,880 Speaker 1: my boyfriend for his birthday and it didn't come in time, 26 00:01:32,120 --> 00:01:34,280 Speaker 1: but it was like, it's our anniversary, like two weeks 27 00:01:34,319 --> 00:01:36,240 Speaker 1: after his birthday, so I was like, jo, I'll just 28 00:01:36,319 --> 00:01:37,560 Speaker 1: leave it in the tank and just give it to 29 00:01:37,640 --> 00:01:40,360 Speaker 1: him for our anniversary because it was like not that 30 00:01:40,440 --> 00:01:43,880 Speaker 1: big of a present, and I just forgot about it, 31 00:01:43,959 --> 00:01:48,160 Speaker 1: as I do with many things. But fast forward to 32 00:01:48,640 --> 00:01:50,600 Speaker 1: when was it like two days ago, and it got 33 00:01:50,600 --> 00:01:53,440 Speaker 1: a thing from the post office saying like you've got 34 00:01:54,080 --> 00:01:56,440 Speaker 1: a package. So anyway, I'm lining up and there with 35 00:01:56,600 --> 00:01:59,480 Speaker 1: so many people, and there's just these two older gentlemen 36 00:01:59,520 --> 00:02:02,639 Speaker 1: that work post office, and then there's like six people 37 00:02:02,680 --> 00:02:07,240 Speaker 1: behind me. Right, it's actually the poo stool that I 38 00:02:07,320 --> 00:02:10,680 Speaker 1: bought for my boyfriend that is not in any packaging. 39 00:02:11,120 --> 00:02:14,400 Speaker 1: That is not in any packaging. It is the box 40 00:02:15,200 --> 00:02:17,040 Speaker 1: of the postal. 41 00:02:17,320 --> 00:02:22,840 Speaker 4: With the wording of like bamboo squatting stool and a 42 00:02:22,960 --> 00:02:28,200 Speaker 4: photo on the box, just with like a postage sticker 43 00:02:28,720 --> 00:02:32,920 Speaker 4: on top, with like seven to ten people in this 44 00:02:33,040 --> 00:02:34,400 Speaker 4: post office while. 45 00:02:34,240 --> 00:02:39,880 Speaker 5: I'm just picking up my shitting stool. No, why does 46 00:02:39,880 --> 00:02:44,200 Speaker 5: this shit always happen? And it w only happen to you, 47 00:02:44,800 --> 00:02:46,080 Speaker 5: only happens to me. 48 00:02:46,280 --> 00:02:49,280 Speaker 1: And every time this shit happens, I think, surely this 49 00:02:49,320 --> 00:02:54,079 Speaker 1: is the last time. I think, surely shooting myself in Toddies, 50 00:02:54,240 --> 00:02:56,680 Speaker 1: getting my cuchie out in BONDI, getting my tits out 51 00:02:56,720 --> 00:02:59,720 Speaker 1: of the skin check, like, surely this is enough. Where 52 00:02:59,760 --> 00:03:03,799 Speaker 1: am I rynch Undy's down BONDI road like, surely this 53 00:03:03,840 --> 00:03:07,480 Speaker 1: is the last time. But no, And then he takes 54 00:03:07,880 --> 00:03:12,079 Speaker 1: so long to fucking scan it. And I was standing 55 00:03:12,080 --> 00:03:16,119 Speaker 1: there being like, just give me the fucking pooh box please. 56 00:03:16,960 --> 00:03:20,240 Speaker 3: Like I love that you bought your boyfriend a shitting 57 00:03:20,280 --> 00:03:20,840 Speaker 3: stool for. 58 00:03:20,840 --> 00:03:27,200 Speaker 1: Your anniversary, she always said, though he said, this is 59 00:03:27,240 --> 00:03:29,680 Speaker 1: the best gift I've ever got. I can say that. 60 00:03:29,760 --> 00:03:33,920 Speaker 1: And this is where the obsession comes in. If you 61 00:03:33,960 --> 00:03:38,839 Speaker 1: don't have poo stool, so you've used it, I've used it. 62 00:03:38,840 --> 00:03:41,280 Speaker 1: Does it work? Look, I'm just saying there was an 63 00:03:41,320 --> 00:03:44,200 Speaker 1: efficient use of the bathroom. I rate it, all right, 64 00:03:44,240 --> 00:03:46,720 Speaker 1: what's your obsession that doesn't have anything to do with feces. 65 00:03:46,840 --> 00:03:50,360 Speaker 3: My obsession of the week is actually a gift that 66 00:03:50,480 --> 00:03:55,200 Speaker 3: Alex got me to celebrate the three year anniversary of 67 00:03:55,320 --> 00:04:00,280 Speaker 3: two Broke Chicks. All the anniversary, I know, happy birthday check. 68 00:04:00,560 --> 00:04:02,760 Speaker 3: But one of the gifts that she got me are 69 00:04:02,800 --> 00:04:07,440 Speaker 3: these amazing slippers from cotton On. They're called Cozy Novelty 70 00:04:07,520 --> 00:04:12,840 Speaker 3: Scruff Slippers. They're like a white bouclet slipper with prints 71 00:04:12,880 --> 00:04:16,880 Speaker 3: of little cherries on the top. They're so so cute, 72 00:04:17,440 --> 00:04:19,880 Speaker 3: great to wear around the house. But Al's been rocking 73 00:04:19,920 --> 00:04:21,720 Speaker 3: them all week. 74 00:04:21,640 --> 00:04:24,119 Speaker 1: Just out and about. I just they're that fucking cute. 75 00:04:24,200 --> 00:04:27,039 Speaker 1: I literally have been wearing them to the office, to 76 00:04:27,080 --> 00:04:31,600 Speaker 1: the podcast at home, to the shops. I wore them 77 00:04:31,640 --> 00:04:35,279 Speaker 1: to go get the Mecca hourglass palettes. They're glued to 78 00:04:35,320 --> 00:04:37,040 Speaker 1: my feet. They're really cute. 79 00:04:37,040 --> 00:04:41,680 Speaker 3: We're on like a trajectory to just get everything cherry print. 80 00:04:41,839 --> 00:04:44,560 Speaker 3: We've got our cherry print bikinis from Rack, We've got 81 00:04:44,560 --> 00:04:45,960 Speaker 3: the cherry slippers from cotton On. 82 00:04:46,200 --> 00:04:50,120 Speaker 1: I'm excited to continue phone cases. Yeah, let's do it. 83 00:04:50,200 --> 00:04:52,279 Speaker 1: But yeah, that's my obsession. Yeah, they're the best. And 84 00:04:52,320 --> 00:04:54,480 Speaker 1: you know how slippers like, I don't know, sometimes they 85 00:04:54,520 --> 00:04:57,000 Speaker 1: fall off your feet. Does that make sense to twenty one? 86 00:04:57,320 --> 00:04:59,160 Speaker 1: But they like don't stay on your feet. These stay 87 00:04:59,200 --> 00:05:02,800 Speaker 1: on your feet ten thanks else anytime, baby. All right, 88 00:05:02,880 --> 00:05:10,320 Speaker 1: let's get into the air procield. Okay, so today we're 89 00:05:10,360 --> 00:05:16,800 Speaker 1: talking the singles, tax and money in relationships. Four years, 90 00:05:16,839 --> 00:05:19,440 Speaker 1: Sal and I, like, I would say, like back in 91 00:05:19,480 --> 00:05:24,679 Speaker 1: our old job days, Sal and I would argue, sush, 92 00:05:24,760 --> 00:05:28,040 Speaker 1: discuss what was more expensive, because obviously at the time 93 00:05:28,120 --> 00:05:30,520 Speaker 1: I was single, and Sal, you've been in a relationship 94 00:05:30,520 --> 00:05:34,040 Speaker 1: for eighty four years, yep. And I I would always say, like, 95 00:05:34,080 --> 00:05:37,279 Speaker 1: it's so expensive being single. But because there's so many 96 00:05:37,320 --> 00:05:39,599 Speaker 1: expenses that come with a relationship, I think you would 97 00:05:39,600 --> 00:05:42,960 Speaker 1: think that it was more expensive to be in a relationship. Yeah. Yeah. 98 00:05:43,000 --> 00:05:45,400 Speaker 3: When we were chatting about this, I think because Chris 99 00:05:45,440 --> 00:05:47,360 Speaker 3: and I had been together for so long, we were 100 00:05:47,360 --> 00:05:51,839 Speaker 3: buying each other birthday presents, anniversary presents, every Christmas. 101 00:05:52,040 --> 00:05:53,560 Speaker 1: I'm buying gifts for. 102 00:05:53,800 --> 00:05:57,640 Speaker 3: Him both his parents, his siblings, his aunties, his nan 103 00:05:58,360 --> 00:06:01,720 Speaker 3: We you know, are going out on dates a lot. 104 00:06:02,000 --> 00:06:03,800 Speaker 3: I was still in a relationship, but when I was 105 00:06:03,839 --> 00:06:06,120 Speaker 3: living with a friend, I spent a lot less money 106 00:06:06,120 --> 00:06:09,839 Speaker 3: on food and on things for the home than when 107 00:06:09,880 --> 00:06:12,120 Speaker 3: I moved in with Chris. 108 00:06:12,200 --> 00:06:13,680 Speaker 1: Because I think as well, like at that. 109 00:06:13,720 --> 00:06:16,920 Speaker 3: Point, you know, I was a little bit older, and 110 00:06:16,960 --> 00:06:20,720 Speaker 3: you invested more things when you're with a couple, Like 111 00:06:21,040 --> 00:06:22,560 Speaker 3: we spent a lot more on furniture. 112 00:06:22,640 --> 00:06:25,000 Speaker 1: We spent a lot more on TVs and on. 113 00:06:25,080 --> 00:06:27,800 Speaker 3: Appliances and things like that, whereas when I was living 114 00:06:27,800 --> 00:06:30,800 Speaker 3: with a friend, because you're not like tied together in 115 00:06:30,839 --> 00:06:32,600 Speaker 3: as much of a commitment, you know, we're buying a 116 00:06:32,640 --> 00:06:35,839 Speaker 3: lot more things like secondhand or we just weren't spending 117 00:06:35,839 --> 00:06:36,640 Speaker 3: as much money. 118 00:06:36,400 --> 00:06:39,400 Speaker 1: On food because we were two girls who were vegetarians. Yeah, 119 00:06:39,440 --> 00:06:41,400 Speaker 1: so just like things like that. But I think that 120 00:06:41,520 --> 00:06:45,320 Speaker 1: also points out because it's like similarly, that still is 121 00:06:45,480 --> 00:06:47,440 Speaker 1: kind of like you were splitting the costs, like even 122 00:06:47,480 --> 00:06:50,000 Speaker 1: though like you weren't living with a partner, like you're 123 00:06:50,000 --> 00:06:52,000 Speaker 1: splitting the cost with a friend. Because I think I 124 00:06:52,200 --> 00:06:54,120 Speaker 1: can relate because I had two of those, Like I 125 00:06:54,240 --> 00:06:57,520 Speaker 1: lived like single as someone that's like I was splitting rent, 126 00:06:57,600 --> 00:07:01,200 Speaker 1: but we weren't really like sharing groceries or anything like that. 127 00:07:01,640 --> 00:07:03,480 Speaker 1: And then I lived with like my best friend and 128 00:07:03,520 --> 00:07:05,720 Speaker 1: then that's when we kind of split stuff. Yeah, but 129 00:07:05,800 --> 00:07:08,599 Speaker 1: like when you're paying for stuff as a single person, 130 00:07:08,800 --> 00:07:11,040 Speaker 1: it just makes you realize just how much of the 131 00:07:11,160 --> 00:07:14,240 Speaker 1: fucking world is just set up to be in couples 132 00:07:14,680 --> 00:07:17,280 Speaker 1: and it is so expensive, Like I can just remember 133 00:07:17,520 --> 00:07:20,120 Speaker 1: all the times that, like buying groceries, it was like 134 00:07:20,840 --> 00:07:23,840 Speaker 1: how everything is in two's and like you freeze it 135 00:07:24,240 --> 00:07:26,040 Speaker 1: or you forget about it in the fridge and then 136 00:07:26,040 --> 00:07:28,280 Speaker 1: you've got to throw it out and it's just like 137 00:07:28,400 --> 00:07:32,559 Speaker 1: even hotels. It just it's so expensive. And I love 138 00:07:32,960 --> 00:07:36,800 Speaker 1: that it's now got a name, Like I love that 139 00:07:36,920 --> 00:07:39,440 Speaker 1: it now kind of has a name and that we 140 00:07:39,600 --> 00:07:42,360 Speaker 1: are acknowledging it. And we're going to get into some 141 00:07:42,520 --> 00:07:46,320 Speaker 1: tips on how you can kind of combat the single tax. 142 00:07:46,760 --> 00:07:49,920 Speaker 1: But let's investigate what the single tax is a bit 143 00:07:50,200 --> 00:07:54,600 Speaker 1: more so. According to the Fashion Journal, the singles tax 144 00:07:54,760 --> 00:07:56,560 Speaker 1: is the price you pay for not being in a 145 00:07:56,640 --> 00:08:01,640 Speaker 1: relationship like that, to put it in simple times. According 146 00:08:01,680 --> 00:08:05,800 Speaker 1: to the Australian Bureau of Statistics in twenty nineteen, a 147 00:08:06,000 --> 00:08:10,480 Speaker 1: one person household could spend two thousand, eight hundred and 148 00:08:10,600 --> 00:08:14,720 Speaker 1: thirty five per month on living costs, which was twenty 149 00:08:15,040 --> 00:08:19,000 Speaker 1: seven percent more than couples who had an average duel 150 00:08:19,040 --> 00:08:25,640 Speaker 1: spend of four thousand, one hundred and eighteen dollars. That's wild, Yeah, 151 00:08:25,680 --> 00:08:29,600 Speaker 1: that's a big difference. Twenty seven percent and this gap 152 00:08:29,680 --> 00:08:32,760 Speaker 1: has likely widened due to the current cost of living crisis. 153 00:08:32,800 --> 00:08:36,800 Speaker 1: So put, simply being single costs more money. And it 154 00:08:36,840 --> 00:08:40,200 Speaker 1: makes me think about it too, because I've been in 155 00:08:40,200 --> 00:08:43,680 Speaker 1: a relationship for two years and I could feel it 156 00:08:43,720 --> 00:08:46,840 Speaker 1: two years ago. And that's not even when like the 157 00:08:46,960 --> 00:08:49,880 Speaker 1: Kazi lives were as fucking hectic as they are now. 158 00:08:50,000 --> 00:08:54,600 Speaker 3: Yeah, we've spoken about our experiences with it and this 159 00:08:54,760 --> 00:08:58,560 Speaker 3: concept of the singles tax. So there was actually a 160 00:08:58,640 --> 00:09:02,600 Speaker 3: study conducted by the University of Queensland's Contact magazine that 161 00:09:02,840 --> 00:09:05,600 Speaker 3: asked respondents if they thought that it was more expensive 162 00:09:05,640 --> 00:09:08,760 Speaker 3: to be in a relationship or to be single. Sixty 163 00:09:08,800 --> 00:09:12,200 Speaker 3: four percent of the respondents agreed that it's more expensive 164 00:09:12,240 --> 00:09:16,280 Speaker 3: to be single than in a relationship. Out of these 165 00:09:16,600 --> 00:09:19,120 Speaker 3: people who thought that it was more expensive to be single, 166 00:09:19,559 --> 00:09:22,280 Speaker 3: seventy five percent said that a lack of shared living 167 00:09:22,400 --> 00:09:26,800 Speaker 3: expenses is the main reason why being single is more expensive. 168 00:09:27,559 --> 00:09:31,080 Speaker 3: Many people especially said that mortgage costs can be higher 169 00:09:31,120 --> 00:09:34,600 Speaker 3: for singles and rent, which makes it more challenging to 170 00:09:34,800 --> 00:09:39,000 Speaker 3: afford housing on a single income, which I think we 171 00:09:39,120 --> 00:09:43,080 Speaker 3: can definitely agree to because we're both fortunate enough to 172 00:09:43,400 --> 00:09:48,200 Speaker 3: be in relationships and even as people in relationships with 173 00:09:48,240 --> 00:09:49,160 Speaker 3: two incomes. 174 00:09:49,679 --> 00:09:51,040 Speaker 1: That's hard enough. 175 00:09:50,880 --> 00:09:53,880 Speaker 3: To try and get into the housing market or to 176 00:09:54,080 --> 00:09:56,719 Speaker 3: afford rent, so let alone, if you're single, I can 177 00:09:56,800 --> 00:09:59,080 Speaker 3: only imagine how hard that would be. 178 00:10:00,040 --> 00:10:02,319 Speaker 1: Also, travel and vacation cost was another. 179 00:10:02,120 --> 00:10:05,080 Speaker 3: Thing that people brought up as a big reason why 180 00:10:05,120 --> 00:10:08,319 Speaker 3: being single is more expensive than being in a relationship, 181 00:10:08,360 --> 00:10:10,439 Speaker 3: which I think we can definitely see one. 182 00:10:11,280 --> 00:10:15,080 Speaker 1: Like when I was single, I didn't go on holidays 183 00:10:15,520 --> 00:10:18,520 Speaker 1: because the cost of a hotel room is built for 184 00:10:18,600 --> 00:10:19,240 Speaker 1: two people. 185 00:10:19,800 --> 00:10:22,360 Speaker 3: Well, you can never find a single bed, No, You've 186 00:10:22,360 --> 00:10:24,520 Speaker 3: got to go stay in a hostel. Yeah, it's a 187 00:10:24,559 --> 00:10:27,640 Speaker 3: double it's a double bed that's made for a couple exactly, 188 00:10:27,760 --> 00:10:28,200 Speaker 3: and you're. 189 00:10:28,080 --> 00:10:30,800 Speaker 1: Paying for the top two people because they could either 190 00:10:30,880 --> 00:10:33,960 Speaker 1: have two people in there or one person. And it's 191 00:10:34,080 --> 00:10:40,120 Speaker 1: just it's so frustrating. It can be so draining and frustrating. 192 00:10:40,160 --> 00:10:42,760 Speaker 1: And I also do want to point out that this 193 00:10:42,800 --> 00:10:45,440 Speaker 1: conversation of like is it more expensive to be single 194 00:10:45,559 --> 00:10:48,280 Speaker 1: or in a relationship is also not taking away from 195 00:10:48,320 --> 00:10:51,800 Speaker 1: the hardship that people in relationships do feel as well, Like, 196 00:10:51,880 --> 00:10:54,960 Speaker 1: I think everyone is feeling the pinch of the cost 197 00:10:54,960 --> 00:10:57,840 Speaker 1: of living crisis at the moment, and just because you 198 00:10:57,880 --> 00:11:00,880 Speaker 1: know it is more expensive to be single. I don't 199 00:11:00,920 --> 00:11:02,680 Speaker 1: want to take away from anyone that is in a 200 00:11:02,720 --> 00:11:07,040 Speaker 1: relationship that is also struggling and feeling quite stressed out 201 00:11:07,080 --> 00:11:10,080 Speaker 1: about their finances at the moment, because that is also 202 00:11:10,400 --> 00:11:14,079 Speaker 1: a completely valid thing. But I think we do need 203 00:11:14,120 --> 00:11:16,480 Speaker 1: to talk about, you know, how difficult it is to 204 00:11:16,480 --> 00:11:20,199 Speaker 1: save money when you're single, and how not having combined incomes, 205 00:11:20,600 --> 00:11:23,120 Speaker 1: even if you're not combining the income is a super 206 00:11:23,120 --> 00:11:29,079 Speaker 1: stressful thing. And when you're single, to even rent, it's like, okay, 207 00:11:29,080 --> 00:11:31,320 Speaker 1: well you have to find someone to live with, because 208 00:11:31,480 --> 00:11:34,480 Speaker 1: even just the cost of a one bedroom apartment, especially 209 00:11:34,520 --> 00:11:39,240 Speaker 1: even in Sydney, is crazy, Like there was no universe 210 00:11:39,280 --> 00:11:42,880 Speaker 1: that I was living by myself because I simply could 211 00:11:42,880 --> 00:11:45,520 Speaker 1: not afford it. Yeah, and it's only I think when 212 00:11:45,520 --> 00:11:47,880 Speaker 1: we were looking into this that it's once people are 213 00:11:47,960 --> 00:11:51,640 Speaker 1: older that they even can even fathom the idea of 214 00:11:51,679 --> 00:11:55,760 Speaker 1: living on their own because it's too expensive to be single. 215 00:11:56,360 --> 00:11:58,920 Speaker 1: And so that's why when I moved in with my 216 00:11:58,960 --> 00:12:00,640 Speaker 1: best friend, and I think this is similar to your 217 00:12:00,679 --> 00:12:04,079 Speaker 1: situation and why it is good to live with someone 218 00:12:04,240 --> 00:12:06,040 Speaker 1: that you are really close with and you do have 219 00:12:06,080 --> 00:12:09,080 Speaker 1: really open lenes of communication with is that Sydney and 220 00:12:09,160 --> 00:12:13,559 Speaker 1: I would split everything. We would plan like our meals together, 221 00:12:14,240 --> 00:12:17,679 Speaker 1: and half those costs because then we were able to 222 00:12:17,720 --> 00:12:19,680 Speaker 1: save money. I think if you're living with someone that 223 00:12:19,679 --> 00:12:22,439 Speaker 1: you're not very close with, that is not a thing 224 00:12:22,480 --> 00:12:24,880 Speaker 1: that you can do, unfortunately, or if you are living 225 00:12:24,880 --> 00:12:28,000 Speaker 1: on your own. But when we started, we started basically 226 00:12:28,040 --> 00:12:30,920 Speaker 1: being in a relationship and splitting costs like we were 227 00:12:30,920 --> 00:12:34,880 Speaker 1: in a relationship, Like if we were getting like you know, 228 00:12:35,120 --> 00:12:37,600 Speaker 1: toilet paper or dinners for the week or whatever, it 229 00:12:37,679 --> 00:12:40,800 Speaker 1: was half and half. Yeah, because that's like one way 230 00:12:40,840 --> 00:12:43,800 Speaker 1: that you can try to save money when you're single. 231 00:12:43,920 --> 00:12:46,440 Speaker 1: But it's a fucking shitboat. Yeah. 232 00:12:46,480 --> 00:12:48,640 Speaker 3: Well it's like you're still having to team up with someone, 233 00:12:48,679 --> 00:12:52,439 Speaker 3: whether or not it's platonic or a romantic relationship. 234 00:12:52,440 --> 00:12:54,199 Speaker 1: But yeah, it definitely does feel. 235 00:12:53,920 --> 00:12:56,440 Speaker 3: Like the world is built for couples and not for 236 00:12:56,520 --> 00:12:59,400 Speaker 3: single people. And in that same study, it was interesting 237 00:12:59,440 --> 00:13:02,040 Speaker 3: out of the peopleeople who did say that they thought 238 00:13:02,080 --> 00:13:04,439 Speaker 3: that being in a relationship was more expensive, they did 239 00:13:04,520 --> 00:13:08,480 Speaker 3: list things like going out or spending money on dates 240 00:13:08,480 --> 00:13:10,800 Speaker 3: as a reason why it's more expensive to be in 241 00:13:10,840 --> 00:13:15,199 Speaker 3: a relationship, and they funny though, because single people also 242 00:13:15,280 --> 00:13:16,880 Speaker 3: go out and spend money. 243 00:13:17,080 --> 00:13:20,160 Speaker 1: I just but I guess that's a good point. The 244 00:13:20,160 --> 00:13:22,040 Speaker 1: way I was thinking of it was like that's a 245 00:13:22,120 --> 00:13:26,120 Speaker 1: choice though, yeah know what I mean, like like I 246 00:13:26,160 --> 00:13:28,840 Speaker 1: mean going out on dates, Like would you put that 247 00:13:28,960 --> 00:13:32,080 Speaker 1: in an essential purchase? Like, because the way that I 248 00:13:32,160 --> 00:13:35,040 Speaker 1: look at it, it's like the essentials are being like 249 00:13:35,360 --> 00:13:38,120 Speaker 1: your rent and groceries and things like that. And this 250 00:13:38,200 --> 00:13:40,320 Speaker 1: is as someone who is now in a relationship. I 251 00:13:40,360 --> 00:13:42,920 Speaker 1: would not say, oh, it's more expensive to be in 252 00:13:42,920 --> 00:13:46,520 Speaker 1: a relationship because our date's really expensive. When it's like 253 00:13:46,559 --> 00:13:50,280 Speaker 1: that's yeah, like that's our choice to go on an 254 00:13:50,400 --> 00:13:51,200 Speaker 1: expensive date. 255 00:13:51,280 --> 00:13:53,680 Speaker 3: And also how much you want to spend on the date, 256 00:13:53,760 --> 00:13:56,320 Speaker 3: Like I think that also varies so much within couples. 257 00:13:56,360 --> 00:13:58,000 Speaker 1: Like some couples are so happy to. 258 00:13:58,400 --> 00:14:00,760 Speaker 3: Cuddle up on the couch and watch together and called 259 00:14:00,760 --> 00:14:03,679 Speaker 3: out a date. Yeah, quim in mind tonight or like 260 00:14:03,760 --> 00:14:05,640 Speaker 3: go to a fine dining restaurant and that's. 261 00:14:05,520 --> 00:14:07,880 Speaker 1: What they consider a date. Like I think that really depends. 262 00:14:07,880 --> 00:14:10,439 Speaker 3: But like I was saying as well, single people also 263 00:14:10,520 --> 00:14:12,640 Speaker 3: go out on dates a lot. 264 00:14:13,920 --> 00:14:16,880 Speaker 1: And more. Yeah, well yeah, that's the thing. 265 00:14:16,880 --> 00:14:19,160 Speaker 3: It really depends on, like where you are in your 266 00:14:19,240 --> 00:14:22,560 Speaker 3: dating life or in your relationship, but you know, or 267 00:14:22,600 --> 00:14:25,160 Speaker 3: you're going out and socializing with friends, like you're still 268 00:14:25,280 --> 00:14:26,840 Speaker 3: spending money on stuff like that. 269 00:14:26,960 --> 00:14:33,720 Speaker 1: I would argue that I went out more when I. 270 00:14:32,000 --> 00:14:35,040 Speaker 3: Definitely I also went out more when Alex was single. 271 00:14:37,440 --> 00:14:38,880 Speaker 1: I've also saved money. 272 00:14:39,560 --> 00:14:43,320 Speaker 3: Relationship that also single anymore. 273 00:14:43,240 --> 00:14:46,160 Speaker 1: But that's the I would argue that you spend more 274 00:14:46,680 --> 00:14:51,120 Speaker 1: on going out on dates and like cocktails with the girls. 275 00:14:51,680 --> 00:14:53,960 Speaker 3: And another thing they mentioned that was more expensive about 276 00:14:54,000 --> 00:14:57,880 Speaker 3: being in a relationship is gift giving, having children, and 277 00:14:57,920 --> 00:15:00,200 Speaker 3: also having less control over your money. 278 00:15:00,360 --> 00:15:02,160 Speaker 1: I will say that is true, but I would also 279 00:15:02,440 --> 00:15:05,440 Speaker 1: argue that that's also a choice to like spend heaps 280 00:15:05,440 --> 00:15:07,880 Speaker 1: of money on gifts and stuff. But I do remember 281 00:15:07,920 --> 00:15:12,800 Speaker 1: the first Christmas after a breakup, I was like I'm rich. Yeah, 282 00:15:12,880 --> 00:15:14,840 Speaker 1: like because you don't have to buy the whole extended 283 00:15:14,880 --> 00:15:16,280 Speaker 1: family presence exactly. 284 00:15:16,360 --> 00:15:18,040 Speaker 3: Yeah, but again, like that's a nice thing that you 285 00:15:18,120 --> 00:15:19,960 Speaker 3: want to do. Yah, she loves not at all the 286 00:15:20,000 --> 00:15:21,760 Speaker 3: person you're with and you love their family. 287 00:15:21,840 --> 00:15:24,120 Speaker 1: But yeah, and again like the children thing. 288 00:15:24,360 --> 00:15:26,640 Speaker 3: Of course, if you're in a couple with kids, like 289 00:15:26,920 --> 00:15:29,600 Speaker 3: you can't even compare that expense to somebody who is. 290 00:15:29,640 --> 00:15:32,400 Speaker 1: Single and doesn't have kids. But again, what if you're 291 00:15:32,400 --> 00:15:35,600 Speaker 1: single and you have kids. That's more expensive as well. 292 00:15:36,280 --> 00:15:39,560 Speaker 1: In a twenty twenty three survey of singles and coupled 293 00:15:39,600 --> 00:15:43,560 Speaker 1: adults by Forbes Advisor, it found that one third of 294 00:15:43,680 --> 00:15:48,360 Speaker 1: people had stayed in relationships longer to reap the financial benefits, 295 00:15:49,000 --> 00:15:52,920 Speaker 1: while ninety three percent of singles feel financially burdened by 296 00:15:52,960 --> 00:15:59,400 Speaker 1: their relationship status. That's so sad, but it's so true. Yeah, 297 00:15:59,800 --> 00:16:02,480 Speaker 1: I hate that people stayed in shitty relationships because of 298 00:16:02,520 --> 00:16:03,440 Speaker 1: financial stress. 299 00:16:03,920 --> 00:16:07,480 Speaker 3: Oh my god, absolutely, especially if you have you know, 300 00:16:07,600 --> 00:16:10,880 Speaker 3: assets and things tied together or families let alone, you 301 00:16:10,920 --> 00:16:12,800 Speaker 3: know the prospect of being like, okay, well now I 302 00:16:12,800 --> 00:16:14,400 Speaker 3: have to go and find a new apartment. 303 00:16:14,840 --> 00:16:15,800 Speaker 1: How am I going to afford? 304 00:16:15,880 --> 00:16:16,040 Speaker 5: Ran? 305 00:16:16,240 --> 00:16:17,960 Speaker 3: I don't want to have to live with a stranger, 306 00:16:18,160 --> 00:16:21,680 Speaker 3: like I can completely empathize with people who do stay, 307 00:16:21,760 --> 00:16:24,120 Speaker 3: but it's just awful that that's the reality. 308 00:16:24,520 --> 00:16:27,720 Speaker 1: But do you know that one person households are becoming 309 00:16:27,800 --> 00:16:31,440 Speaker 1: even more popular. That doesn't shock me, no, but one 310 00:16:31,440 --> 00:16:34,520 Speaker 1: in for Australian households is a lone person household. 311 00:16:34,800 --> 00:16:36,560 Speaker 5: So I just. 312 00:16:36,520 --> 00:16:39,040 Speaker 1: Wanted to read this out because I thought it was 313 00:16:39,400 --> 00:16:45,520 Speaker 1: really interesting. So women who live alone have higher education levels, 314 00:16:45,800 --> 00:16:49,040 Speaker 1: are higher income earners, and are more likely to be 315 00:16:49,160 --> 00:16:53,480 Speaker 1: professionals than women living with others. Let's flip it on 316 00:16:53,520 --> 00:16:57,520 Speaker 1: its head. Sound. Men who live alone have lower levels 317 00:16:57,520 --> 00:17:01,040 Speaker 1: of education, are lower income earners, are more likely to 318 00:17:01,080 --> 00:17:04,320 Speaker 1: be less prestigious jobs than those living with others. And 319 00:17:04,359 --> 00:17:08,320 Speaker 1: that is from the Australian government people. So very interesting, 320 00:17:08,560 --> 00:17:11,640 Speaker 1: very interesting. I'm not going to say anything because men 321 00:17:12,119 --> 00:17:17,400 Speaker 1: are scary one them to message me. I really think 322 00:17:17,520 --> 00:17:22,800 Speaker 1: that stat illuminates how women are taking a lot more 323 00:17:22,840 --> 00:17:26,040 Speaker 1: control of their finances and their life, putting their standards 324 00:17:26,119 --> 00:17:28,320 Speaker 1: up where they should be, and they're not putting up 325 00:17:28,359 --> 00:17:33,320 Speaker 1: with you know, mediocre men or mediocre relationships, and they're 326 00:17:33,359 --> 00:17:38,080 Speaker 1: stepping into a more powerful financial situation. And that is 327 00:17:38,119 --> 00:17:40,760 Speaker 1: a really really hopeful and amazing thing to see because 328 00:17:41,080 --> 00:17:45,359 Speaker 1: I think when we have these conversations and illuminate how 329 00:17:45,400 --> 00:17:48,080 Speaker 1: difficult these situations can be. And the single tax applies 330 00:17:48,119 --> 00:17:52,880 Speaker 1: to everyone, not just women as well, but it one 331 00:17:53,040 --> 00:17:56,080 Speaker 1: can validate you, but it too can be a little 332 00:17:56,080 --> 00:17:58,119 Speaker 1: bit overwhelming. You can be like, well I'm fucked, like 333 00:17:58,280 --> 00:18:02,680 Speaker 1: unless I you know, fly partner, like this is the situation, 334 00:18:02,800 --> 00:18:04,840 Speaker 1: and it can be a bit defeating, But I do 335 00:18:04,920 --> 00:18:08,679 Speaker 1: think that statistic and that study does show that, like, 336 00:18:08,960 --> 00:18:11,360 Speaker 1: just because you live alone doesn't mean that you're failing. 337 00:18:11,800 --> 00:18:14,600 Speaker 1: You know, women that are living alone have higher education levels, 338 00:18:14,680 --> 00:18:17,840 Speaker 1: are higher income earners, and more likely to be professionals. 339 00:18:17,880 --> 00:18:21,600 Speaker 1: So like, it's not all downhill, even though it can 340 00:18:21,720 --> 00:18:22,439 Speaker 1: feel like it. 341 00:18:22,760 --> 00:18:25,439 Speaker 3: Yeah, I think it's empowering knowing that you have a 342 00:18:25,520 --> 00:18:28,880 Speaker 3: choice and you've made one, and it's to live by 343 00:18:28,920 --> 00:18:32,840 Speaker 3: yourself and pursue the things that you want instead of 344 00:18:32,880 --> 00:18:35,439 Speaker 3: like putting up with a mediocre relationship to save some 345 00:18:35,520 --> 00:18:36,600 Speaker 3: money exactly. 346 00:18:37,240 --> 00:18:40,080 Speaker 1: But we did have some tips for how single people 347 00:18:40,280 --> 00:18:43,360 Speaker 1: can save money, so I wanted to throw in two 348 00:18:43,800 --> 00:18:46,320 Speaker 1: personal ones and then we'll throw it over to the chicks. 349 00:18:46,359 --> 00:18:51,080 Speaker 1: We put in a submission box on our Instagram. But 350 00:18:51,400 --> 00:18:55,439 Speaker 1: I think the first one is it sounds simple, but 351 00:18:55,520 --> 00:18:59,680 Speaker 1: it can be a lot harder is communicating boundaries with friends. 352 00:19:00,119 --> 00:19:04,280 Speaker 1: Think when you are surrounded by friends that are in relationships, 353 00:19:04,320 --> 00:19:07,040 Speaker 1: that can be quite a tricky thing. I feel like 354 00:19:07,520 --> 00:19:10,920 Speaker 1: finding you a single and like the single people around 355 00:19:10,960 --> 00:19:11,560 Speaker 1: you will get it. 356 00:19:11,760 --> 00:19:14,399 Speaker 6: You'll be like, oh yeah, we'll split it we'll do this, 357 00:19:14,440 --> 00:19:17,080 Speaker 6: we'll do that, we'll do that, whereas like, and I 358 00:19:17,119 --> 00:19:22,520 Speaker 6: think sometimes people in relationships they can forget that sometimes. 359 00:19:23,359 --> 00:19:27,960 Speaker 1: So I think always communicating with friends how expensive things are, 360 00:19:28,440 --> 00:19:30,280 Speaker 1: you know, when you're paying for it all on your own, 361 00:19:30,480 --> 00:19:33,120 Speaker 1: is a good reminder for them because as well, everyone's 362 00:19:33,119 --> 00:19:35,600 Speaker 1: in their own little bubble. They forget, they don't know, 363 00:19:35,720 --> 00:19:38,160 Speaker 1: and unless you say something, you can't expect your friends 364 00:19:38,160 --> 00:19:40,880 Speaker 1: to know. They can't read your mind. And on top 365 00:19:40,920 --> 00:19:45,600 Speaker 1: of that, it's encouraging per head spending four group activities 366 00:19:45,680 --> 00:19:48,280 Speaker 1: or four holidays. So like if you are going on 367 00:19:48,320 --> 00:19:50,080 Speaker 1: a holiday and all your friends are in couples and 368 00:19:50,119 --> 00:19:53,680 Speaker 1: you're going, it's more of a per head spend rather 369 00:19:53,720 --> 00:19:56,960 Speaker 1: than per couple, because that can happen quite often. It's like, oh, 370 00:19:57,000 --> 00:20:00,960 Speaker 1: we'll split it by room and you're single, and so 371 00:20:01,000 --> 00:20:03,520 Speaker 1: you're like, okay, cool, So I get the shitty bed 372 00:20:03,600 --> 00:20:06,000 Speaker 1: under the stairs, and I'm still paying the same amount 373 00:20:06,000 --> 00:20:08,280 Speaker 1: that you guys get for the master bedroom. I think 374 00:20:08,400 --> 00:20:11,240 Speaker 1: the person who organizes the holiday the most should get 375 00:20:11,240 --> 00:20:13,840 Speaker 1: the master bedroom. If they've done the work and they 376 00:20:13,960 --> 00:20:15,960 Speaker 1: made the booking, then they get the master bedroom. Yeah, 377 00:20:16,000 --> 00:20:18,040 Speaker 1: I think that's fair. So all single people go and 378 00:20:20,119 --> 00:20:22,159 Speaker 1: then be like, oh, I planned it on Sweet just 379 00:20:22,320 --> 00:20:26,200 Speaker 1: for me. Yeah, thank you, thank Gabe. Okay, and some 380 00:20:26,440 --> 00:20:30,800 Speaker 1: community submissions that we had that I thought were amazing. 381 00:20:30,840 --> 00:20:32,720 Speaker 1: They were all amazing, by the way, ten out of 382 00:20:32,720 --> 00:20:36,320 Speaker 1: ten from the Chicks, But some highlights were splitting the 383 00:20:36,359 --> 00:20:39,080 Speaker 1: cost of subscriptions with your single friends. I love this 384 00:20:39,200 --> 00:20:42,240 Speaker 1: idea and it's one that I had thought of until 385 00:20:42,280 --> 00:20:44,919 Speaker 1: I realized that we literally did the same thing. But 386 00:20:45,000 --> 00:20:47,359 Speaker 1: that's such a good idea if you have another single friend, 387 00:20:47,440 --> 00:20:50,680 Speaker 1: splitting those subscriptions and the cost of that together. Yeah, 388 00:20:50,760 --> 00:20:54,439 Speaker 1: get on like a Spotify family plan. Yeah, spliting on 389 00:20:54,600 --> 00:20:58,400 Speaker 1: Spotify together. Another common one that was sent through was 390 00:20:58,680 --> 00:21:02,240 Speaker 1: like meal planning and prepping. Yeah, this is just a 391 00:21:02,359 --> 00:21:05,400 Speaker 1: very universal way to save money and it is really 392 00:21:05,480 --> 00:21:07,520 Speaker 1: really good if you are single, and it's like, you know, 393 00:21:07,880 --> 00:21:11,359 Speaker 1: buying things and freezing them. I will say that, like, 394 00:21:11,840 --> 00:21:14,720 Speaker 1: it can also be a bit shit because you're like, 395 00:21:14,760 --> 00:21:15,920 Speaker 1: I want to mix it up, but I want to 396 00:21:15,920 --> 00:21:17,919 Speaker 1: eat different things every night. Like that was just my 397 00:21:18,040 --> 00:21:21,360 Speaker 1: personal experience. There are so many amazing like cooking videos, 398 00:21:21,400 --> 00:21:23,959 Speaker 1: like free cooking videos of the different ways that you 399 00:21:24,000 --> 00:21:27,479 Speaker 1: can use different ingredients and make different things. 400 00:21:27,720 --> 00:21:29,600 Speaker 3: Yeah, I think it's just being a little bit more 401 00:21:29,640 --> 00:21:34,080 Speaker 3: mindful about the ingredients that you're getting and either trying 402 00:21:34,119 --> 00:21:36,720 Speaker 3: to use them across multiple different recipes throughout the week, 403 00:21:36,920 --> 00:21:40,760 Speaker 3: or meal prepping and freezing. And even if you want 404 00:21:40,800 --> 00:21:43,360 Speaker 3: to meal prep like three different meals. 405 00:21:43,080 --> 00:21:45,160 Speaker 1: Over one weekend and then. 406 00:21:45,240 --> 00:21:47,240 Speaker 3: You know, have a few of them in the fridge 407 00:21:47,240 --> 00:21:48,639 Speaker 3: to eat throughout the week and then a few of 408 00:21:48,680 --> 00:21:50,960 Speaker 3: them frozen, then you can have a little bit of variety. 409 00:21:51,200 --> 00:21:53,639 Speaker 3: But also like you know, things like going to the 410 00:21:53,640 --> 00:21:57,520 Speaker 3: deli or going to the butcher and buying meat or 411 00:21:57,600 --> 00:22:00,520 Speaker 3: whatever for yourself. It will be more cost effective buying 412 00:22:00,560 --> 00:22:04,000 Speaker 3: like two you know, chicken filets that you're not gonna 413 00:22:04,000 --> 00:22:04,280 Speaker 3: eat that. 414 00:22:04,280 --> 00:22:07,720 Speaker 1: You're not gonna eat. Yeah. And I did not do 415 00:22:07,800 --> 00:22:11,359 Speaker 1: that for ages until like you can do it on 416 00:22:11,400 --> 00:22:13,440 Speaker 1: your online groceries too, and I was like, holy shit, 417 00:22:13,440 --> 00:22:15,919 Speaker 1: we haven' not been doing this. Yeah, that you can 418 00:22:16,000 --> 00:22:19,080 Speaker 1: literally buy what you need or meal prep. And I 419 00:22:19,160 --> 00:22:23,280 Speaker 1: do actually love like now having like microwave meals that 420 00:22:23,359 --> 00:22:27,360 Speaker 1: are just single servings their best chef good ten out 421 00:22:27,359 --> 00:22:31,040 Speaker 1: of ten. Yeah, love them, can recommend, can recommend. There 422 00:22:31,119 --> 00:22:34,640 Speaker 1: was another tip about you know, where you have your 423 00:22:34,640 --> 00:22:39,200 Speaker 1: money sitting in terms of convenience, So money is so 424 00:22:39,400 --> 00:22:42,399 Speaker 1: easy to spend now because we've got our cards on 425 00:22:42,440 --> 00:22:45,360 Speaker 1: our phones, you've got your card number pre saved into 426 00:22:45,359 --> 00:22:48,119 Speaker 1: your phone, you're after pay we'll automatically use it the 427 00:22:48,200 --> 00:22:51,760 Speaker 1: checkout of PayPal. That making it more difficult to spend 428 00:22:51,760 --> 00:22:55,440 Speaker 1: your money is also a much better way to save money. 429 00:22:55,520 --> 00:22:58,640 Speaker 1: So one submission we had was deleting your cards off 430 00:22:58,680 --> 00:23:01,000 Speaker 1: your phone so that you can't just like tap a 431 00:23:01,040 --> 00:23:04,480 Speaker 1: tap tepper all the way around. And another really popular 432 00:23:04,480 --> 00:23:07,120 Speaker 1: one that was sent in, which is just a really 433 00:23:07,160 --> 00:23:11,320 Speaker 1: popular tip in general, is using cash because it kind 434 00:23:11,359 --> 00:23:14,320 Speaker 1: of physically forces you to see and hold the money 435 00:23:14,320 --> 00:23:15,000 Speaker 1: that you're spending. 436 00:23:15,040 --> 00:23:17,399 Speaker 3: That is a more physical way to set yourself a 437 00:23:17,440 --> 00:23:21,239 Speaker 3: weekly budget, because if you withdraw two hundred dollars and 438 00:23:21,240 --> 00:23:23,119 Speaker 3: that's all you can spend for the week, and I 439 00:23:23,160 --> 00:23:25,800 Speaker 3: think that can also get you into that habit of 440 00:23:25,840 --> 00:23:28,720 Speaker 3: knowing exactly how much money you're spending every week. So 441 00:23:28,760 --> 00:23:32,359 Speaker 3: that was definitely a popular tip. Also, like building out 442 00:23:32,600 --> 00:23:35,440 Speaker 3: your budget was another popular tip that people sent in, 443 00:23:35,640 --> 00:23:39,159 Speaker 3: and setting up automatic savings, which I do think is 444 00:23:39,280 --> 00:23:42,960 Speaker 3: an excellent skill to have while you're single, and build 445 00:23:42,960 --> 00:23:45,479 Speaker 3: that up because I also do think that having your 446 00:23:45,520 --> 00:23:48,720 Speaker 3: own financial independence when you're in a relationship is still 447 00:23:48,760 --> 00:23:54,080 Speaker 3: incredibly important because even though you may be splitting finances 448 00:23:54,119 --> 00:23:57,359 Speaker 3: with somebody, once you get into a relationship, you should 449 00:23:57,400 --> 00:24:00,600 Speaker 3: still have control over your own money and no exactly 450 00:24:00,640 --> 00:24:02,760 Speaker 3: where it's going and what you're spending your money on 451 00:24:02,840 --> 00:24:05,720 Speaker 3: and what your savings goals are. And by doing that 452 00:24:05,840 --> 00:24:08,239 Speaker 3: when you're single is only going to get you in 453 00:24:08,280 --> 00:24:10,480 Speaker 3: good stead for when you do or if you do 454 00:24:10,600 --> 00:24:12,920 Speaker 3: end up in a relationship and you're splitting your finances. 455 00:24:13,480 --> 00:24:16,440 Speaker 1: Agree. There were just also some really fucking funny ones. 456 00:24:16,680 --> 00:24:20,040 Speaker 1: So one of my favorite was you save cash on 457 00:24:20,200 --> 00:24:27,000 Speaker 1: mental health ha ha. Another one was girl dinners, sad, 458 00:24:27,119 --> 00:24:35,040 Speaker 1: Girl walks in brackets, free, don't date. Ten out of 459 00:24:35,040 --> 00:24:40,080 Speaker 1: ten someone said sleep. Another chick said I don't. In 460 00:24:40,160 --> 00:24:42,480 Speaker 1: terms of what do you do to save money when 461 00:24:42,480 --> 00:24:43,960 Speaker 1: you're single, I don't. 462 00:24:44,480 --> 00:24:46,679 Speaker 3: This is literally how to save money when you're single? 463 00:24:46,840 --> 00:24:49,600 Speaker 1: Wrong answers only. I also think it's important to talk 464 00:24:49,640 --> 00:24:51,920 Speaker 1: about how to manage money when you're in a relationship 465 00:24:52,000 --> 00:24:54,920 Speaker 1: as well as being single, because those are two very 466 00:24:55,040 --> 00:24:58,720 Speaker 1: very important factors of your finances, whether it's independently or 467 00:24:58,760 --> 00:25:00,600 Speaker 1: what you were just saying when you're in a real relationship. 468 00:25:00,920 --> 00:25:03,200 Speaker 1: But yeah, so I think, and I want to get 469 00:25:03,240 --> 00:25:06,440 Speaker 1: into as well, the conversation of if someone earns more, 470 00:25:06,920 --> 00:25:09,960 Speaker 1: should they pay more. So we'll get into that, but 471 00:25:10,680 --> 00:25:13,200 Speaker 1: let's talk money and relationships. 472 00:25:13,200 --> 00:25:16,840 Speaker 3: So, as you chicks know, we are both in relationships 473 00:25:16,840 --> 00:25:18,120 Speaker 3: and live with our partners. 474 00:25:18,240 --> 00:25:22,440 Speaker 1: Sorry, actually it's fabulous and a lot of them. 475 00:25:22,640 --> 00:25:26,160 Speaker 3: Yeah, so we're both in relationships and live with our partners. 476 00:25:26,160 --> 00:25:27,879 Speaker 3: So I feel like we can definitely speak to this. 477 00:25:28,040 --> 00:25:32,000 Speaker 3: But talking about money in a relationship can be really, 478 00:25:32,240 --> 00:25:37,719 Speaker 3: really difficult. Unfortunately, money is still a taboo topic in 479 00:25:38,080 --> 00:25:40,760 Speaker 3: today's society, which is such a shame because it's something 480 00:25:40,760 --> 00:25:43,120 Speaker 3: that we all have to deal with, and I think 481 00:25:43,200 --> 00:25:46,719 Speaker 3: unfortunately it can be really awkward to bring up in 482 00:25:46,760 --> 00:25:52,200 Speaker 3: a relationship and it can bring up some difficult dinapos. 483 00:25:52,400 --> 00:25:54,280 Speaker 1: It's like a yucky energy. 484 00:25:54,280 --> 00:25:57,920 Speaker 3: Something, especially if you're not in the same income bracket 485 00:25:58,160 --> 00:26:01,400 Speaker 3: as your partner, or if you have different money goals, 486 00:26:01,480 --> 00:26:05,600 Speaker 3: different money personalities. But I think that it doesn't have 487 00:26:05,720 --> 00:26:08,200 Speaker 3: to be And exactly like you said, I think when 488 00:26:08,240 --> 00:26:11,880 Speaker 3: you're with the right person, you can align and have 489 00:26:12,280 --> 00:26:14,120 Speaker 3: open communication about that. 490 00:26:14,800 --> 00:26:15,600 Speaker 1: So how do. 491 00:26:15,640 --> 00:26:20,600 Speaker 3: You and Bobby talk about and manage your finances generally 492 00:26:20,640 --> 00:26:21,719 Speaker 3: if you have to give me a TLD. 493 00:26:21,880 --> 00:26:24,760 Speaker 1: Yeah, so he pays me all his money, right, and 494 00:26:24,800 --> 00:26:29,360 Speaker 1: then I spend it perfect. I wish just jogs. 495 00:26:29,640 --> 00:26:29,680 Speaker 3: No. 496 00:26:29,960 --> 00:26:33,879 Speaker 1: So we have a joint account in this relationship. I 497 00:26:33,920 --> 00:26:37,680 Speaker 1: think it's the most healthy approach to money in a 498 00:26:37,680 --> 00:26:41,639 Speaker 1: relationship I've ever had, and it's so good. So we 499 00:26:41,680 --> 00:26:46,200 Speaker 1: basically have one joint account and we have our separate accounts, 500 00:26:46,560 --> 00:26:50,040 Speaker 1: and personally, as we were saying before this episode, I 501 00:26:50,119 --> 00:26:53,600 Speaker 1: don't know how that will change, like if kids become involved. 502 00:26:54,000 --> 00:26:59,239 Speaker 1: But I never see my income and Rob's income just 503 00:26:59,280 --> 00:27:01,760 Speaker 1: going into one account like that is his income and 504 00:27:01,800 --> 00:27:04,440 Speaker 1: I have my income, and then we have our finances 505 00:27:04,520 --> 00:27:08,480 Speaker 1: that are as a couple. So our joint account manages 506 00:27:08,560 --> 00:27:12,600 Speaker 1: everything that we pay for together. So our rent, our groceries, 507 00:27:12,880 --> 00:27:15,919 Speaker 1: our baby girl beanks. It was our cant just in 508 00:27:15,920 --> 00:27:19,280 Speaker 1: case you needed to know about that. Yeah, So like 509 00:27:19,480 --> 00:27:22,720 Speaker 1: her insurance comes out of the joint account, or groceries 510 00:27:22,760 --> 00:27:25,960 Speaker 1: comes out. Yeah, our subscriptions, like all of that stuff 511 00:27:26,000 --> 00:27:30,119 Speaker 1: comes out of that, and I like put it all 512 00:27:30,160 --> 00:27:32,879 Speaker 1: in a spreadsheet of what those expenses were, and then 513 00:27:32,960 --> 00:27:35,160 Speaker 1: just sent it to him and he was like, yep, cool, 514 00:27:35,640 --> 00:27:37,680 Speaker 1: I feel good about all those things that were sharing 515 00:27:37,720 --> 00:27:41,119 Speaker 1: money on. As I mentioned before, the only thing that 516 00:27:41,280 --> 00:27:44,440 Speaker 1: wasn't a fifty to fifty split on those joint expenses 517 00:27:44,800 --> 00:27:47,359 Speaker 1: was groceries when we were buying them because Rob would 518 00:27:47,359 --> 00:27:49,479 Speaker 1: eat a little bit more than I did. And that 519 00:27:49,560 --> 00:27:51,760 Speaker 1: wasn't even me that asked that, Like he was like, 520 00:27:51,880 --> 00:27:56,040 Speaker 1: I do eat like a truckload. So he's like, I'll 521 00:27:56,080 --> 00:27:58,879 Speaker 1: pay a little bit more. But that's basically how we 522 00:27:58,920 --> 00:28:02,280 Speaker 1: manage it. And even now, so we have a savings 523 00:28:02,320 --> 00:28:04,600 Speaker 1: goal at the moment because we want to go to 524 00:28:04,640 --> 00:28:07,720 Speaker 1: Europe together next year. Yeah, and we're trying to save 525 00:28:07,760 --> 00:28:11,040 Speaker 1: two hundred dollars a week each, which is if you 526 00:28:11,119 --> 00:28:12,719 Speaker 1: miss one way, it sucks. 527 00:28:13,160 --> 00:28:13,360 Speaker 2: Yeah. 528 00:28:13,480 --> 00:28:15,200 Speaker 1: So you get to the next thing, you're like, really 529 00:28:15,280 --> 00:28:18,919 Speaker 1: adds up? Hey, Yeah, So it's good because we actually 530 00:28:18,960 --> 00:28:21,000 Speaker 1: help keep each other on trap. And it's so good 531 00:28:21,000 --> 00:28:23,639 Speaker 1: because we keep each other accountable on that saving goal. 532 00:28:24,119 --> 00:28:26,520 Speaker 1: But that's his savings and that's my savings. We don't 533 00:28:26,560 --> 00:28:30,080 Speaker 1: go into each other's savings, and we have a savings 534 00:28:30,119 --> 00:28:32,400 Speaker 1: as a couple. So if I was to break down 535 00:28:32,720 --> 00:28:36,439 Speaker 1: what our finances look like we have Rob has his 536 00:28:36,680 --> 00:28:40,280 Speaker 1: personal bank account, I've got my personal bank account. We 537 00:28:40,360 --> 00:28:43,520 Speaker 1: have a joint savings I have my personal savings and 538 00:28:43,560 --> 00:28:48,080 Speaker 1: he has his personal savings, and it works for us. 539 00:28:48,120 --> 00:28:50,440 Speaker 1: Like that is exactly how I feel comfortable with it, 540 00:28:51,040 --> 00:28:55,280 Speaker 1: and it is creating no tension at all, Like it's 541 00:28:55,320 --> 00:28:58,040 Speaker 1: so transparent and it's so good. Yeah, but I love 542 00:28:58,040 --> 00:28:59,600 Speaker 1: what about you and Chris. 543 00:28:59,360 --> 00:29:02,120 Speaker 3: Yeah, I think we also have a very transparent and 544 00:29:02,200 --> 00:29:04,880 Speaker 3: open communication. When it comes to money. We don't have 545 00:29:05,000 --> 00:29:08,840 Speaker 3: a joint account. We both have our own personal accounts 546 00:29:08,840 --> 00:29:12,200 Speaker 3: and then also separate savings accounts as well. We split 547 00:29:12,680 --> 00:29:17,160 Speaker 3: everything fifty to fifty, even though at various different points 548 00:29:17,160 --> 00:29:21,720 Speaker 3: throughout our relationship we've had different incomes, sometimes more drastic 549 00:29:21,840 --> 00:29:23,320 Speaker 3: than others, but. 550 00:29:23,320 --> 00:29:25,719 Speaker 1: We've always split things fifty to fifty. 551 00:29:26,200 --> 00:29:31,520 Speaker 3: And then our major financial goal, both individually but together 552 00:29:31,840 --> 00:29:32,800 Speaker 3: is to. 553 00:29:32,640 --> 00:29:34,600 Speaker 1: Get an apartment one day. 554 00:29:34,760 --> 00:29:38,600 Speaker 3: And so that's our individual goals that we're both individually 555 00:29:38,640 --> 00:29:40,959 Speaker 3: saving for, but we both know how much we have. 556 00:29:42,040 --> 00:29:44,480 Speaker 3: Like that, we both know how much we're saving for 557 00:29:44,920 --> 00:29:47,720 Speaker 3: and know that we're going to be combining those together. 558 00:29:48,080 --> 00:29:50,600 Speaker 3: I think because we do have such like an open communication, 559 00:29:50,880 --> 00:29:53,400 Speaker 3: we just know that it's part of our weekly habits 560 00:29:53,560 --> 00:29:57,320 Speaker 3: that we transfer each other whatever the money. 561 00:29:57,120 --> 00:29:59,040 Speaker 1: Is to split the bills equally. Yeah. 562 00:29:59,040 --> 00:30:01,040 Speaker 3: So I think that's why because we're both really on 563 00:30:01,080 --> 00:30:04,080 Speaker 3: top of it and have like the automatic transfers going out. 564 00:30:04,120 --> 00:30:06,360 Speaker 3: And then as well, when it comes to like quarterly 565 00:30:06,400 --> 00:30:08,760 Speaker 3: expenses that might vary a little bit more for example, 566 00:30:08,880 --> 00:30:11,280 Speaker 3: utilities and things, as soon as the bill comes in, 567 00:30:11,360 --> 00:30:12,600 Speaker 3: we just look at it and then we split it 568 00:30:12,680 --> 00:30:15,520 Speaker 3: fifty to fifty. So I think we just stay really 569 00:30:15,560 --> 00:30:17,680 Speaker 3: on top of it, and we talk about how much 570 00:30:17,680 --> 00:30:21,200 Speaker 3: we've put into our savings. I would say at least weekly, 571 00:30:21,720 --> 00:30:23,840 Speaker 3: so we're both really across how much money both of 572 00:30:23,920 --> 00:30:25,200 Speaker 3: us have in our savings. 573 00:30:26,000 --> 00:30:27,560 Speaker 1: Because it's exciting. 574 00:30:27,160 --> 00:30:30,120 Speaker 3: To talk about like getting closer to you, yeah, or 575 00:30:30,200 --> 00:30:31,680 Speaker 3: be like, oh, like I was able to save a 576 00:30:31,680 --> 00:30:33,480 Speaker 3: little bit more this week, so now I'm up to this, 577 00:30:33,640 --> 00:30:35,960 Speaker 3: Like you know, it's just exciting and nice to celebrate 578 00:30:36,000 --> 00:30:38,680 Speaker 3: those wins together. But I think that's worked really well 579 00:30:38,720 --> 00:30:40,560 Speaker 3: for us. And then in terms of dates, we do 580 00:30:42,000 --> 00:30:43,680 Speaker 3: you got this one, I do the next one. 581 00:30:43,760 --> 00:30:44,000 Speaker 6: Yeah. 582 00:30:44,040 --> 00:30:47,800 Speaker 3: We don't really like track it super closely when it 583 00:30:47,840 --> 00:30:50,160 Speaker 3: comes to that, And I think because he is so 584 00:30:50,480 --> 00:30:53,000 Speaker 3: like relaxed, and it's just like that's not really his 585 00:30:53,160 --> 00:30:56,120 Speaker 3: vibe to be like resentful about anything like that, and 586 00:30:56,200 --> 00:30:58,959 Speaker 3: vice versa. That's just never really come up being like, oh, 587 00:30:59,000 --> 00:31:01,719 Speaker 3: but last time we went to the movies, we got Maltesers, 588 00:31:01,760 --> 00:31:04,600 Speaker 3: and this time, like, you're getting a chunky monkey, which 589 00:31:04,640 --> 00:31:08,120 Speaker 3: is a bit more expensive than the Maltesers. So that 590 00:31:08,280 --> 00:31:10,120 Speaker 3: works for us in terms of doing like the tip 591 00:31:10,160 --> 00:31:13,200 Speaker 3: for tat, and then yeah, when it comes to groceries 592 00:31:13,240 --> 00:31:15,080 Speaker 3: and stuff, I would say we do pretty much do 593 00:31:15,160 --> 00:31:18,200 Speaker 3: fifty to fifty, except that because I don't eat meat, 594 00:31:18,360 --> 00:31:20,520 Speaker 3: Chris usually gets most of his meat from the butcher, 595 00:31:20,600 --> 00:31:20,920 Speaker 3: so he. 596 00:31:20,920 --> 00:31:22,240 Speaker 1: Just pays for all of that himself. 597 00:31:22,360 --> 00:31:26,239 Speaker 3: Yeah, yeah, all right, But should we get into some 598 00:31:26,280 --> 00:31:29,520 Speaker 3: of our tips for managing your finances in relationships from 599 00:31:29,560 --> 00:31:30,440 Speaker 3: the chicks? 600 00:31:30,760 --> 00:31:35,760 Speaker 1: First one i've seen controversial but prenups, meaning neither person 601 00:31:35,840 --> 00:31:38,800 Speaker 1: can take more than their fair share. I actually asked 602 00:31:38,880 --> 00:31:41,520 Speaker 1: how this question the other day about if she was 603 00:31:41,560 --> 00:31:43,560 Speaker 1: to get married, which I know you don't plan on it, 604 00:31:44,920 --> 00:31:48,480 Speaker 1: would you get a prenup? Yeah, I would look into it. 605 00:31:48,640 --> 00:31:50,720 Speaker 3: I don't think I would, and I'd encourage my partner 606 00:31:50,720 --> 00:31:51,760 Speaker 3: to get one too, exactly. 607 00:31:51,760 --> 00:31:53,960 Speaker 1: I agree. I think prenups are great. I think everyone 608 00:31:54,000 --> 00:31:54,640 Speaker 1: should get them. 609 00:31:55,040 --> 00:31:58,200 Speaker 3: Yeah, and yeah, you can make them as detailed or 610 00:31:58,240 --> 00:31:59,200 Speaker 3: as bored as you want to. 611 00:31:59,280 --> 00:32:01,400 Speaker 1: And it's basically like, your money's your money, my money's 612 00:32:01,400 --> 00:32:02,600 Speaker 1: my money. Yeah. 613 00:32:02,800 --> 00:32:07,920 Speaker 3: Whow somebody said dedicated finance chats, and another person said 614 00:32:07,960 --> 00:32:11,520 Speaker 3: hot date nights with the laptop fortnightly to budget also 615 00:32:11,560 --> 00:32:13,360 Speaker 3: gives us a chance to book cute dates. 616 00:32:13,600 --> 00:32:16,680 Speaker 1: Luhhh. I love that. I think that's a good thing 617 00:32:16,720 --> 00:32:19,080 Speaker 1: about it. It's like you can actually enjoy going out 618 00:32:19,120 --> 00:32:23,800 Speaker 1: and spending money together because you've planned it. It's not stressful. 619 00:32:23,840 --> 00:32:26,400 Speaker 1: It's not like, oh, like we shouldn't be spending this, 620 00:32:26,480 --> 00:32:28,680 Speaker 1: or you've spent more than I've spent, and like that 621 00:32:28,760 --> 00:32:30,760 Speaker 1: bit of guilt comes in there. Like when you actually 622 00:32:30,800 --> 00:32:34,880 Speaker 1: talk about it, it takes away the taboo and tension 623 00:32:35,000 --> 00:32:36,840 Speaker 1: that can surround it. Yeah. 624 00:32:36,920 --> 00:32:40,120 Speaker 3: Someone said, my husband and I always discuss purchases over. 625 00:32:40,000 --> 00:32:42,200 Speaker 1: Five hundred dollars. I really like that. 626 00:32:42,440 --> 00:32:44,320 Speaker 3: I feel like I do that with Chris a lot 627 00:32:44,320 --> 00:32:46,920 Speaker 3: of the time, Like whenever I'm making a big purchase. 628 00:32:46,920 --> 00:32:49,040 Speaker 1: That's because I always like want to get his advice. 629 00:32:50,600 --> 00:32:54,480 Speaker 1: Someone has said, Bigger owner bigger proportion to chip in. 630 00:32:54,560 --> 00:32:58,880 Speaker 1: This is a very common discussion, and it reminds me 631 00:32:58,920 --> 00:33:02,560 Speaker 1: of this article that I saw on Bustle that is 632 00:33:02,760 --> 00:33:08,240 Speaker 1: so interesting, and it basically does talk about how if 633 00:33:08,280 --> 00:33:12,440 Speaker 1: someone earns more money, should they chip in more? And 634 00:33:12,760 --> 00:33:15,200 Speaker 1: what I liked about this is that it didn't actually 635 00:33:15,240 --> 00:33:18,760 Speaker 1: give a yes or a no answer. It gave options. 636 00:33:19,320 --> 00:33:24,000 Speaker 1: So the dilemma was My partner and I are finally 637 00:33:24,040 --> 00:33:26,920 Speaker 1: thinking of living together. It's an exciting decision, but one 638 00:33:26,920 --> 00:33:30,160 Speaker 1: thing that keeps bothering me is what's fair for affording 639 00:33:30,160 --> 00:33:34,000 Speaker 1: our joint lifestyle, including everyday bills and expenses, and even 640 00:33:34,040 --> 00:33:37,000 Speaker 1: what apartment we should live in. I make about fifty 641 00:33:37,040 --> 00:33:39,120 Speaker 1: thousand dollars more than he does, and he seems to 642 00:33:39,200 --> 00:33:41,680 Speaker 1: be pushing for slightly nicer places, saying that we could 643 00:33:41,720 --> 00:33:45,320 Speaker 1: afford it based on our combined incomes and why wouldn't 644 00:33:45,360 --> 00:33:47,360 Speaker 1: we want to live in a nicer place. But I 645 00:33:47,360 --> 00:33:49,600 Speaker 1: think he also feels that my share of rench should 646 00:33:49,600 --> 00:33:52,520 Speaker 1: be higher since I make more money. Personally, I'd rather 647 00:33:52,600 --> 00:33:55,080 Speaker 1: live in a slightly less nice place and save more, 648 00:33:55,120 --> 00:33:57,080 Speaker 1: and I feel that in general, I am already paying 649 00:33:57,120 --> 00:33:59,240 Speaker 1: for a lot more than he does. I don't know 650 00:33:59,240 --> 00:34:01,800 Speaker 1: why this bothers me, but I think it does. Frankly, 651 00:34:01,880 --> 00:34:03,920 Speaker 1: his quality of life would go down a lot if 652 00:34:03,960 --> 00:34:07,360 Speaker 1: it weren't for me, because his lifestyle now is pretty nice. 653 00:34:07,400 --> 00:34:09,279 Speaker 1: I feel like he's not as motivated to get that 654 00:34:09,360 --> 00:34:11,800 Speaker 1: next promotion or move onto a role that's better paying. 655 00:34:12,280 --> 00:34:14,799 Speaker 1: Should I be expected to pay more for everything we 656 00:34:14,880 --> 00:34:17,400 Speaker 1: do as a couple just because my paycheck is bigger? 657 00:34:17,960 --> 00:34:20,319 Speaker 1: I don't think this is a subjective thing, but how 658 00:34:20,360 --> 00:34:23,160 Speaker 1: do I organize my feelings on what's actually fair between 659 00:34:23,200 --> 00:34:26,239 Speaker 1: us without a build up of resentment over time? Am 660 00:34:26,320 --> 00:34:28,960 Speaker 1: I being ungenerous thinking of how much investment each of 661 00:34:29,040 --> 00:34:31,560 Speaker 1: us puts into this relationship? I feel like this is 662 00:34:31,600 --> 00:34:33,400 Speaker 1: a big thing. A lot of couples go through, and 663 00:34:33,440 --> 00:34:37,120 Speaker 1: as you mentioned earlier, you guys had that couple that's sorry, 664 00:34:37,160 --> 00:34:40,360 Speaker 1: that conversation that it would just remain fifty to fifty, 665 00:34:40,719 --> 00:34:45,200 Speaker 1: and that is one of the strategies that you can use. 666 00:34:45,520 --> 00:34:48,600 Speaker 1: But one of the quotes in this article that I 667 00:34:48,719 --> 00:34:53,480 Speaker 1: really loved is before you can be on the same team, 668 00:34:53,719 --> 00:34:57,480 Speaker 1: get on the same page. And it ties into what 669 00:34:57,520 --> 00:35:01,000 Speaker 1: we've been saying basically throughout this whole segment, is you 670 00:35:01,160 --> 00:35:04,000 Speaker 1: do have to be able to have these conversations, and 671 00:35:04,040 --> 00:35:07,160 Speaker 1: it can have no attack and defense. You really just 672 00:35:07,239 --> 00:35:09,080 Speaker 1: have to be open and make it a safe space 673 00:35:09,120 --> 00:35:13,000 Speaker 1: to have the conversation. And then this article did go 674 00:35:13,080 --> 00:35:17,560 Speaker 1: into ways to cut the cake, and so it was 675 00:35:17,600 --> 00:35:20,759 Speaker 1: basically deciding on what expenses will be split and what 676 00:35:20,800 --> 00:35:24,240 Speaker 1: will be kept separate as the first step like rent, groceries, 677 00:35:24,320 --> 00:35:26,960 Speaker 1: utility is an Internet is a lot of what you 678 00:35:27,000 --> 00:35:30,600 Speaker 1: can expect couples to be splitting up. Then you can 679 00:35:30,640 --> 00:35:34,960 Speaker 1: either split it fifty to fifty, so you can basically 680 00:35:35,000 --> 00:35:37,440 Speaker 1: cut all those expensive down the middle, regardless of what 681 00:35:37,520 --> 00:35:42,799 Speaker 1: anyone's income is. Another method is selecting what expenses you'll 682 00:35:42,840 --> 00:35:45,680 Speaker 1: pay for and what expenses the other person will pay for. So, 683 00:35:45,920 --> 00:35:48,279 Speaker 1: for example, if someone earns more, maybe they pay for 684 00:35:48,360 --> 00:35:51,200 Speaker 1: rent and then the other person pays for groceries and 685 00:35:51,239 --> 00:35:55,239 Speaker 1: the internet or whatever example you want to pull. And 686 00:35:55,239 --> 00:35:57,719 Speaker 1: this might work for unequal incomes, but it can be 687 00:35:57,800 --> 00:36:00,200 Speaker 1: a little bit like a free for all if there 688 00:36:00,239 --> 00:36:03,200 Speaker 1: isn't any budgeting tracking or regular discussions. And it kind 689 00:36:03,200 --> 00:36:06,240 Speaker 1: of was like what we were saying before, where after 690 00:36:06,320 --> 00:36:09,080 Speaker 1: some time a little bit of tension can build when 691 00:36:09,080 --> 00:36:11,280 Speaker 1: that person gets a big bill for maybe their car reagero, 692 00:36:11,320 --> 00:36:13,880 Speaker 1: and they're like, Oh, if I wasn't paying for all this, 693 00:36:14,080 --> 00:36:18,560 Speaker 1: like this wouldn't be that expensive. So personally, that's probably 694 00:36:18,600 --> 00:36:23,920 Speaker 1: my least favorite technique, but again it's whatever works for 695 00:36:24,280 --> 00:36:27,960 Speaker 1: people in the situation. And then another payment method what 696 00:36:28,080 --> 00:36:30,520 Speaker 1: we were kind of just talking about is set a 697 00:36:30,560 --> 00:36:34,640 Speaker 1: proportional amount of your incomes for joint expenses. So, for example, 698 00:36:35,000 --> 00:36:37,239 Speaker 1: if your take home pay is five thousand dollars a 699 00:36:37,239 --> 00:36:39,799 Speaker 1: month and his is three thousand dollars a month, you 700 00:36:39,880 --> 00:36:42,080 Speaker 1: both agree to kick in thirty five percent of your 701 00:36:42,080 --> 00:36:46,000 Speaker 1: pay towards your joint expenses. You'd contribute one thousand, seven 702 00:36:46,120 --> 00:36:49,520 Speaker 1: hundred and fifty and they would contribute one thousand and fifty. 703 00:36:49,560 --> 00:36:53,080 Speaker 1: So you go with like percentages of your income rather 704 00:36:53,160 --> 00:36:56,680 Speaker 1: than just half down the middle of whatever the expense is. 705 00:36:57,440 --> 00:37:00,879 Speaker 1: So I think the main life lesson I got from 706 00:37:00,920 --> 00:37:03,959 Speaker 1: that was that whole to be on the same team, 707 00:37:04,000 --> 00:37:05,840 Speaker 1: you have to be on the same page. Yeah, and 708 00:37:05,880 --> 00:37:08,080 Speaker 1: you have to run through all of those things and 709 00:37:08,160 --> 00:37:10,480 Speaker 1: see what's better for you, because it is really different 710 00:37:10,520 --> 00:37:13,840 Speaker 1: for every single couple. I don't think you can say, 711 00:37:13,880 --> 00:37:15,799 Speaker 1: like this is the right way to manage your money 712 00:37:15,840 --> 00:37:17,839 Speaker 1: in a relationship, and this is the wrong way. It 713 00:37:17,880 --> 00:37:21,920 Speaker 1: really is about having the conversation. But I think the 714 00:37:21,960 --> 00:37:24,160 Speaker 1: only wrong way there is to managing your money in 715 00:37:24,200 --> 00:37:25,960 Speaker 1: a relationship is not talking about it. 716 00:37:26,200 --> 00:37:30,120 Speaker 3: Yeah exactly, Because I think, as we've seen from the 717 00:37:30,160 --> 00:37:33,080 Speaker 3: submissions from the chicks, our conversations with each other and 718 00:37:33,120 --> 00:37:35,400 Speaker 3: also with the people in our lives, there are so 719 00:37:35,520 --> 00:37:38,960 Speaker 3: many different options and different preferences for how to manage 720 00:37:39,000 --> 00:37:42,040 Speaker 3: your money. But I think the key takeaway is that 721 00:37:42,120 --> 00:37:44,120 Speaker 3: you need to talk about it, and you need to 722 00:37:44,120 --> 00:37:46,520 Speaker 3: be open about it, and you need to be on 723 00:37:46,560 --> 00:37:47,360 Speaker 3: the same page. 724 00:37:47,200 --> 00:37:50,520 Speaker 1: Literally, And I promise you it's more fun that way. Yeah, 725 00:37:50,560 --> 00:37:52,960 Speaker 1: Like you get to have more fun together because when 726 00:37:53,000 --> 00:37:54,960 Speaker 1: you're not stressing about the cost or something, you can 727 00:37:55,000 --> 00:37:58,200 Speaker 1: actually just enjoy yourself. Yeah, exactly. 728 00:37:58,320 --> 00:38:02,400 Speaker 3: And I saw an article from Business Insider quoted that 729 00:38:02,600 --> 00:38:06,360 Speaker 3: not aligning on big things such as finances was the 730 00:38:06,480 --> 00:38:08,320 Speaker 3: number two reason why. 731 00:38:08,239 --> 00:38:09,160 Speaker 1: Couples break up. 732 00:38:09,560 --> 00:38:12,279 Speaker 3: Yeah, that makes sense, and I think that completely makes 733 00:38:12,320 --> 00:38:15,439 Speaker 3: sense with like a lot of people's experiences. 734 00:38:15,520 --> 00:38:17,320 Speaker 1: So that's why it's good to talk about. 735 00:38:17,040 --> 00:38:19,600 Speaker 3: These things as soon as possible, and it's never too 736 00:38:19,719 --> 00:38:22,360 Speaker 3: late to bring it up and start the conversation. 737 00:38:22,480 --> 00:38:24,880 Speaker 1: I really love the tip about having a cute little 738 00:38:25,080 --> 00:38:29,120 Speaker 1: wine night. Yeah, I put my masks. I mean like 739 00:38:29,200 --> 00:38:36,719 Speaker 1: one train doledge to addict shade. Goat you, raggy one wag, make. 740 00:38:36,640 --> 00:38:39,960 Speaker 3: You wgs gosh, preeing up with all your money come 741 00:38:40,000 --> 00:38:40,200 Speaker 3: to me. 742 00:38:40,880 --> 00:38:45,200 Speaker 1: Good, thanks baby, and I get that cat. I'm keeping 743 00:38:45,239 --> 00:38:50,000 Speaker 1: the I'm keeping the dog alrighty well, I feel like 744 00:38:50,120 --> 00:38:53,600 Speaker 1: that's a wrap. Thank you so much, chicky chooks for 745 00:38:53,640 --> 00:38:57,440 Speaker 1: having us in your ear holes. We absolutely love, love, 746 00:38:57,520 --> 00:39:01,279 Speaker 1: love to be here. And thanks Tim, I came made 747 00:39:01,280 --> 00:39:03,360 Speaker 1: for making this episode of two Broad Chicks happened. We 748 00:39:03,560 --> 00:39:08,120 Speaker 1: love you cuddles, and go get that money, honey, Bye 749 00:39:08,360 --> 00:39:08,600 Speaker 1: bye