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Speaker 1: This podcast is recorded on gadigal Land, Always was, Always

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Speaker 1: will be, Aboriginal Land. This episode is powered by Binder because,

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Speaker 1: according to their research, eighty five percent of Australians have

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Speaker 1: set financial goals for twenty twenty six, including saving more,

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Speaker 1: spending less and reducing expenses. Plus fifty three percent of

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Speaker 1: people say saving more is their financial goal in twenty

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Speaker 1: twenty six. So keep listening to find out more about

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Speaker 1: a free finder tool that's going to help you do

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Speaker 1: just that.

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Speaker 2: All right, let's get into the episode.

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Speaker 1: Hey chicks, I'm sal and I'm out And this is

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Speaker 1: two broad chicks for Shure that shares life lessons and

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Speaker 1: tips to help make you rich in life. Welcome back

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Speaker 1: to another gorgeous, gorgeous episode of two Roachie So Gorgeous Gails,

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Speaker 1: Stu Gorges Gear just here to talk some shit, but.

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Speaker 3: Today very on brand.

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Speaker 1: We really are talking the life lessons to help make

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Speaker 1: you rich in life. We are talking the twenty twenty

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Speaker 1: six money resets are anti your rich girl era. Let's

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Speaker 1: go rebrand till rich girls yep, twenty twenty six year

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Speaker 1: of the rich girl.

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Speaker 3: Yeah and the horse girl, rich horse girl.

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Speaker 2: Yeah. We've got to be rich to be a horse girl.

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Speaker 3: Yeah, that's so true.

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Speaker 1: So like Kendle Candle, Yeah, true, we're going to be

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Speaker 1: a Kendle and bellahadid by the end of the Oh

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Speaker 1: my God, to be the dream my name is Bella

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Speaker 1: had indeed. Yeah. So we're going to run through five

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Speaker 1: steps on how to anti your rich girl era in

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Speaker 1: twenty twenty six. But before we do that, we like

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Speaker 1: to start with our obsessions of the week.

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Speaker 3: So would you like to kick us off?

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Speaker 4: I would love to kick ourselfs out because my obsession

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Speaker 4: of the week is the fact that the color of

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Speaker 4: the year, the fashion color of the year for twenty

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Speaker 4: twenty six.

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Speaker 2: Is animal prints.

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Speaker 3: Ooh.

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Speaker 1: So this comes from style analytics who pulls in all

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Speaker 1: the data regarding fashion trends and then shares them and

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Speaker 1: animal print is up.

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Speaker 2: And I for one very happy about that.

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Speaker 1: Yeah, while you're wearing a pair of snake print jeans,

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Speaker 1: I know.

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Speaker 2: I love animal print.

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Speaker 1: I think animal print is a very easy fashion win,

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Speaker 1: Like it adds personality to an outfit with very little effort,

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Speaker 1: and I just think it is chef's kiss. However, there

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Speaker 1: are certain animal prints that are trending in twenty twenty six,

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Speaker 1: which is what I want to run through. So, tiger

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Speaker 1: print has a nineteen percent sellout rate and is up

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Speaker 1: eleven percent from last year. Cheetah is up three percent

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Speaker 1: from last year and also has a twenty four percent

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Speaker 1: sellout rate, Snake print is up three percent from last

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Speaker 1: year and has a twenty seven percent sellout rate, and

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Speaker 1: then zebra print is up four percent from last year

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Speaker 1: and has a thirty two percent sell out rate. Interesting,

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Speaker 1: So I'm kean, I'm ready. I love it on a

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Speaker 1: There isn't really an animal print that I don't like.

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Speaker 3: Cow, No, because I like a cow hired.

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Speaker 1: I think it depends on the material with cowprint, maybe giraffe.

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Speaker 2: Yeah, giraffe, you've lost me.

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Speaker 1: Yeah, I don't think I've ever really doubled with. But yeah,

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Speaker 1: I love that. Obviously, animal prints they kind of go

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Speaker 1: in and out of fashion, But I do think that

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Speaker 1: if you're an animal print.

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Speaker 3: Girly, it's a lifelong life relationshrend.

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Speaker 2: Yeah.

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Speaker 4: To me, animal print is not a micro trend because

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Speaker 4: I wear it regardless of whether.

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Speaker 2: Or not it's in or out.

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Speaker 1: Okay, my obsession, tell me, Okay, tell me your obsession.

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Speaker 1: My obsession of the week is part two from last week,

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Speaker 1: which was mister Harold's Styles coming back and announcing his

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Speaker 1: brand new album because he is.

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Speaker 3: Just absolutely feeding the children.

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Speaker 1: Yeah, he's coming in to save twenty twenty six. People like, really,

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Speaker 1: one month in and it's gone.

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Speaker 2: I'm like, yeah, yeah, need saving.

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Speaker 1: Honestly, literally from twelve oh one, we probably need an

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Speaker 1: Arry to sweep in and thank far because on top

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Speaker 1: of the album announcement this week, he's also announced that

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Speaker 1: he's going to be doing a worldwide tour, including stops

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Speaker 1: in Sydney and in Melbourne at the end of this year.

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Speaker 3: For the Together Together tour.

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Speaker 1: So that's what the Easter eggs that we were talking

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Speaker 1: about last week related to.

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Speaker 3: So very exciting. But also he's dropped his first single

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Speaker 3: from the album.

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Speaker 1: Today and we haven't listened to it yet because we

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Speaker 1: wanted to save our first reaction for the episode How

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Speaker 1: Long First Taste, like five minutes.

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Speaker 2: Five minutes. The song's five minutes. Yea, that is too long.

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Speaker 1: The song is five minutes, so I'm very too long

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Speaker 1: interested to see because most pop songs are.

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Speaker 3: Like three and a half.

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Speaker 2: Oh my god.

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Speaker 1: So this is our first reaction to Afasha by Harry Styles. Okay, okay,

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Speaker 1: and we're thirty four seconds in with no lyrics.

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Speaker 2: This is very euro it is.

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Speaker 4: That's where I like this, right because yeah, didn't you

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Speaker 4: say you thought the single was going to be called

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Speaker 4: we Belong Together?

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Speaker 2: Yeah, yeah, it.

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Speaker 3: Was going to be called we Belong Together.

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Speaker 4: So you're right, so it was kind of Yeah, I

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Speaker 4: think that's a win.

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Speaker 2: I think we dubbed that a win.

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Speaker 3: Yeah, what do you think I like it? I think yeah.

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Speaker 1: It definitely takes a while to get into, which would

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Speaker 1: be by design, but I do like the chorus, and

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Speaker 1: I do think that it's one that.

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Speaker 3: I'll enjoy the more that I listen to it.

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Speaker 2: Yeah, I think so too. I do always.

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Speaker 1: I prefer instruments, yeah, to be like more than like

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Speaker 1: synthetic music.

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Speaker 2: Is that how you would call it? I don't really know.

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Speaker 3: Yeah, than anything was sort of like an election.

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Speaker 2: Yeah, yeah, I don't know if that is that disco. No,

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Speaker 2: I was expecting more disco.

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Speaker 1: Yeah, but I don't dislike it, but I'm excited to

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Speaker 1: hear the rest of the album. I wouldn't necessarily say

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Speaker 1: that's like my taste in music, but I like Harry Styles,

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Speaker 1: so yeah, yeah, I like it more in the chorus,

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Speaker 1: you can hear more of his vote voice.

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Speaker 3: So yeah, very interested to hear more. And I'll see

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Speaker 3: chicks in the ticket war.

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Speaker 1: Right.

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Speaker 2: All right, shall we get into our five STIPs?

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Speaker 1: So step number one two, enter your rich girl era

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Speaker 1: in twenty twenty six. Identify your money toxic trait.

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Speaker 2: I love this.

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Speaker 1: Yeah, we've spoken about money personalities on the show before,

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Speaker 1: and that is kind of like a well discussed concept,

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Speaker 1: but we wanted to talk about money toxic traits, not

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Speaker 1: necessarily as an excuse to like read yourself a filth

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Speaker 1: or even to box yourself in. But I do think

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Speaker 1: that it's good to know what your toxic money trait is,

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Speaker 1: to recognize what your flaws are when it comes to money,

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Speaker 1: and I guess kind of embrace it a little bit

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Speaker 1: because a lot of budgeting tips and money tips will

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Speaker 1: work differently depending on your money personality. You know, like

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Speaker 1: not every single strategy is going to work for everyone

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Speaker 1: because of the different relationship that you do have with money.

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Speaker 1: So we're going to run through the five money a

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Speaker 1: Tour personalities.

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Speaker 3: Okay, the emotional spender.

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Speaker 1: Buck, Yep, this person is like had a bad day,

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Speaker 1: let's go shopping. This person like, had a good day,

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Speaker 1: let's go shopping. Yeah, with retail therapy. As their emotion spike,

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Speaker 1: so do their spending. Ah fuck yeah, okay, fuck what

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Speaker 1: if I'm all of them? I definitely think that I

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Speaker 1: sit in a couple of these categories, which it seems

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Speaker 1: like my sun moon and rising fully Yeah your money

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Speaker 1: star sign, let's go louck in. The silent stresser. This

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Speaker 1: person carries their money anxiety silently, so they probably have

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Speaker 1: a lot of shame associated with their relationship with money,

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Speaker 1: and if they're having money problems, they're going to keep

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Speaker 1: it to themselves and not share it with the people

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Speaker 1: around them, and they don't feel comfortable talking about money with.

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Speaker 3: The people in their life.

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Speaker 2: Okay.

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Speaker 1: The money avoider. This is the person that doesn't check

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Speaker 1: their bank account. They probably don't even know their online

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Speaker 1: banking logins.

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Speaker 3: They may not know who their super is with, and

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Speaker 3: they kind of.

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Speaker 1: Have an ignorance's bliss approach when it comes to money.

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Speaker 3: The lifestyle creeper.

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Speaker 2: As creeper the creeper.

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Speaker 1: As their income increases, so does their expenses. So this

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Speaker 1: is the person that always has the latest iPhone. They're

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Speaker 1: always on top of the latest trending items, they have

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Speaker 1: a new holiday always coming up, and it's kind of

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Speaker 1: the classic case of just because you are earning more

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Speaker 1: money doesn't necessarily mean that you're saving more money. And

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Speaker 1: then our last one, the penny pincher. Oh, on surface value,

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Speaker 1: this might seem like a positive trait, and I do

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Speaker 1: think that it kind of is, but this is the

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Speaker 1: person that turns off every PowerPoint every time they leave

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Speaker 1: the room.

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Speaker 3: They're chasing you up for that two dollars that you

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Speaker 3: owe them.

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Speaker 1: But it also means that they probably don't have that

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Speaker 1: much room in their budget for anything fun.

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Speaker 3: Maybe a little bit too strict.

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Speaker 4: Yeah, and I do reckon there's probably a lot of

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Speaker 4: anxiety around money within that on the opposite end, exactly,

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Speaker 4: because like you can have money dysmorphia can be both

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Speaker 4: ends where you think you have more money than you

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Speaker 4: do and where you think you have less money than

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Speaker 4: you do and you're very anxious about it, exactly.

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Speaker 2: Yeah.

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Speaker 1: But yeah, as I was saying at the top, I

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Speaker 1: think it's important to recognize what your money toxic traits

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Speaker 1: are so that you know which steps to take first,

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Speaker 1: because it can be overwhelming to be like, Okay, it's

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Speaker 1: the beginning of a new year, I'm going to do

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Speaker 1: a complete overhaul of my finances.

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Speaker 3: Where do I begin?

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Speaker 1: But say, for example, if you feel like you're the

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Speaker 1: money avoider, you could start by introducing in your routine

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Speaker 1: to have like a money Monday where every Monday night

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Speaker 1: you go through your transactions and see where your money

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Speaker 1: is coming and going and identify I guess those flaws, yeause,

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Speaker 1: I don't think none of these things are set in

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Speaker 1: stone either.

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Speaker 4: Well, I was going to say, this makes me think

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Speaker 4: about I've been reading the book The Psychology of Money,

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Speaker 4: and within the first chapter he discusses how money shouldn't

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Speaker 4: be looked at as math or science, but actually like

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Speaker 4: psychology and emotion, because money and emotion is so tightly linked,

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Speaker 4: and that no one's ever right when talking about money

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Speaker 4: because everyone has different experiences. The way that you have

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Speaker 4: experienced money growing up and as an adult could be

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Speaker 4: completely different to the way that I've experienced money. And

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Speaker 4: he talks about, you know, those who would have been

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Speaker 4: in the stock market crash where everyone you know lost everything,

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Speaker 4: they would probably have a different outlook on investing versus

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Speaker 4: someone who has a really strong portfolio now and like

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Speaker 4: really endorses investing and really gets into it, and like

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Speaker 4: they would have two different opinions.

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Speaker 2: Or someone who.

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Speaker 4: You know, grew up with money and was given an

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Speaker 4: allowance from their parents would have a different outlook on

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Speaker 4: money than someone who's been sucking a job on minimum

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Speaker 4: wage since they were fourteen and nine months, you know.

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Speaker 2: So it's really really interesting and I think that's.

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Speaker 4: Good because it takes out the facts that we think

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Speaker 4: money is. Like it's like money, there's no right answer

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Speaker 4: to setting up your money, Like it's very personal and

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Speaker 4: it's very personal to you. So when you know what

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Speaker 4: your personality is and you know what your toxic traits are,

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Speaker 4: you can look at the habit and the things you

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Speaker 4: want to do, not as a stop doing this, but

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Speaker 4: start doing this. Yeah, yeah, I like that. Which one

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Speaker 4: do you think is your toxic trade?

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Speaker 2: Probably?

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Speaker 3: I think in the past it would have been the

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Speaker 3: money of void?

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Speaker 2: Hmm, That's what I was gonna say, I think, I

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Speaker 2: yeah have been.

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Speaker 1: I would say I think I've got two feet in,

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Speaker 1: one foot in emotional.

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Speaker 2: Spender, and one foot in the money of.

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Speaker 4: Void, yep, Because it was like I'd be like, where

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Speaker 4: is why do I what did I spend my money on,

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Speaker 4: or like subscriptions that I didn't know coming out, or

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Speaker 4: when it's like Apple subscription minus two ninety nine minus

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Speaker 4: fifteen ninety nine, I'm.

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Speaker 3: Like, what is this for?

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Speaker 4: Step number two is to reduce your micro purchases.

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Speaker 2: I lack this one. I like this one a lot.

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Speaker 2: I like it.

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Speaker 3: Theusse eighty six.

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Speaker 4: Percent of Australians don't know how much money they're spending

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Speaker 4: every month.

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Speaker 2: How crazy is that?

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Speaker 3: It's wild? But I believe it.

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Speaker 2: I believe it because do you know what guilty as charged?

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Speaker 2: Like before this year, I couldn't tell you.

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Speaker 1: I just know that I was spending money income and

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Speaker 1: saving money, yeah you know, Like that was really it.

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Speaker 2: And I wasn't tracking where my money was going.

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Speaker 4: I didn't know how much I was spending on like

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Speaker 4: uber eats or anything like that. And so this one

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Speaker 4: really is such an important step because when you look

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Speaker 4: into how much you spend on the little things.

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Speaker 2: It really adds up.

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Speaker 1: Thirty dollars a day adds up to over ten thousand

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Speaker 1: dollars a year, which if you think about even just

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Speaker 1: the standard workday of buying a morning coffee and buying lunch,

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Speaker 1: you're getting around to thirty dollars a day. Yeah, right,

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Speaker 1: and that's ten thousand dollars a yeah, think of what

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Speaker 1: you could spend ten thousand dollars on. Most Australians don't

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Speaker 1: even have one thousand dollars saved.

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Speaker 3: Yeah exactly.

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Speaker 4: So looking at your micro spending as what could be

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Speaker 4: the leak or the leach of your emergency funds, your

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Speaker 4: fund funds. A lot of us feel, you know, I

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Speaker 4: can't afford to go on a holiday, But what if

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Speaker 4: we reduce those micro spends and micro.

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Speaker 2: Purchases so you could, so you could.

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Speaker 4: Do those fun things you want to do, So you

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Speaker 4: could get that dice in air up that you've been

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Speaker 4: wanting for two years, so you could adopt a cat,

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Speaker 4: or a second.

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Speaker 2: One or a third one. Fuck you're like, if you

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Speaker 2: said yes today, I would have been going to the shelter.

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Speaker 3: Oh my god, I would kill me.

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Speaker 2: Oh when I really miss my cats. Okay. Yeah. You

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Speaker 2: may think that micro spending is harmless because they're just

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Speaker 2: small things.

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Speaker 4: But six dollar coffee, a twelve dollar app, you know,

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Speaker 4: a twenty eight dollar top on sale, a nine dollar

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Speaker 4: delivery fee with a three dollar service fee and then

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Speaker 4: another fee for priority or whatever like, individually, none of

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Speaker 4: these matter, but collectively they're like a money leak. And

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Speaker 4: I'm not saying that we need to scrutinize and stress

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Speaker 4: over one dollar here and there, right, but it's more

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Speaker 4: about the oh yeah tap, oh yeah tap. And it's

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Speaker 4: the kind of what we were saying, like the money

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Speaker 4: of order of not knowing and not thinking that those

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Speaker 4: small amounts matter, because they do and.

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Speaker 2: They add up. So the fix for this is a

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Speaker 2: couple things. Right.

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Speaker 4: It can look like having one account just for funzies, right,

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Speaker 4: and that's your account that you don't have to stress.

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Speaker 2: You can go tap a tap a taper, yeah, that

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Speaker 2: you can get a morning coffee.

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Speaker 4: This isn't This is not a male millennial podcast.

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Speaker 2: That we're like, your AVO toast is why you don't

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Speaker 2: have a house.

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Speaker 1: Get your fucking have it, you know, Like that's fine,

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Speaker 1: have your one account for fundsies. The other thing you

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Speaker 1: can do is have your one day for spending, so

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Speaker 1: you can have like a Sunday where you go, Okay,

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Speaker 1: I sat on those purchases. I still want that top

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Speaker 1: that's on sale.

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Speaker 2: I've thought of it.

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Speaker 4: That's your one day and you get to spend, right, yep.

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Speaker 4: Then also think about using cash. It's scientifically proven that

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Speaker 4: you spend less money when you use cash because it

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Speaker 4: becomes a physical thing. You become physically aware of your money,

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Speaker 4: how much you have, how much you spend, and how

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Speaker 4: much you have left, and you're really handing it over.

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Speaker 4: You're like, that's my money and it's now yours. And

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Speaker 4: when I do this, I think I said this as

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Speaker 4: a tip like two years ago, like ages ago.

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Speaker 2: It's it honestly makes the biggest difference.

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Speaker 1: I saw a study that was conducted by the University

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Speaker 1: of Melbourne and they were talking about exactly that and

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Speaker 1: something called.

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Speaker 3: The cashless effect.

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Speaker 1: Yeah, and they were saying that when paying with cash,

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Speaker 1: we have to physically count out the notes and coins

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Speaker 1: and hand them over, and humans seek to avoid losses,

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Speaker 1: and paying by cash sees us physically lose something. So

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Speaker 1: there is neurological evidence that suggests that the pain of

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Speaker 1: payin isn't just a metaphor, it is something psychologically that

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Speaker 1: we experience.

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Speaker 3: So we do feel a little.

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Speaker 1: Pang of pain when we are using physical cash. Yeah,

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Speaker 1: And so that will stop us from spending too much

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Speaker 1: because you actually do feel it.

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Speaker 2: Yeah, Like imagine being at a n Ailsalondon handing over

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Speaker 2: one hundred and twenty dollars cash. Yeah, for one manicure.

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Speaker 2: That's gonna last two weeks.

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Speaker 3: Yeah, exactly.

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Speaker 2: Don't like that.

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Speaker 3: No, I don't like that, No, I don't. But also

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Speaker 3: I do think, like I've heard of people who.

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Speaker 1: Only use cash and so at the beginning of every

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Speaker 1: week they withdraw a certain amount, and that also gives

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Speaker 1: you a finite budget, yeah, to work with.

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Speaker 4: And it means that like online spending of like little

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Speaker 4: Amazon things or.

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Speaker 2: They're a sale that's a flash sale for three.

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Speaker 4: Hours only because it's all stock that we can't get

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Speaker 4: rid of like that, you can't get pulled into that stuff.

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Speaker 4: So if you really struggle with like impulse spending, try

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Speaker 4: to go cash cash only.

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Speaker 3: Cash is king.

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Speaker 4: Cash step number three, and I would say this is

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Speaker 4: the most important step in the process budget. I know,

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Speaker 4: I know, I know we've all heard the word a

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Speaker 4: million times before.

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Speaker 1: I know that we're like, I know, I have to

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Speaker 1: do it. I just don't know where to start the

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Speaker 1: be word. So I'm so excited to get into this

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Speaker 1: because this part of the episode is sponsored by Finder

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Speaker 1: and they've actually created a free tool that's made budgeting easier.

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Speaker 2: We were looking at this tool.

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Speaker 4: And we went to them and we were like, we've

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Speaker 4: got to talk about this. Yeah, this is amazing.

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Speaker 1: And you may have seen on our TikTok we posted

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Speaker 1: a video being like, who's got the rex?

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Speaker 2: Who needs a budget? Who wants a budge?

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Speaker 3: What are we using?

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Speaker 2: What's the vibe?

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Speaker 1: And honestly, the amount of comments and views of people

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Speaker 1: needing a budget tracker or just a place to start

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Speaker 1: and figure out what their budget is. I think there

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Speaker 1: was over two hundred and eighty thousand views on that,

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Speaker 1: So it's definitely a thing, and it's really important because

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Speaker 1: so many people don't have a budget because I don't

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Speaker 1: know how to do it. And that's so fair enough.

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Speaker 4: Before this year, I did not track my budget and

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Speaker 4: my spending. However, every Sunday I now sit down and

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Speaker 4: I'm doing it, and let me tell you, I'm fucking addicted.

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Speaker 2: I love it.

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Speaker 4: I love doing my budget because do you know what

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Speaker 4: doing a budget makes you realize is how much money

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Speaker 4: you actually can spend. And I was sitting there doing

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Speaker 4: this budget, going what have I been spending.

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Speaker 2: My money on?

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Speaker 1: Like?

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Speaker 2: Where is it gone? And that's the thing.

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Speaker 4: If you were sitting there going where is all my

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Speaker 4: money going? What am I spending my money on? You

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Speaker 4: need to sit down into your budget.

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Speaker 1: I think that's a misconception that people have around their budget,

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Speaker 1: is that they're going to sit down and they're going

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Speaker 1: to be faced with the facts and they're going to

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Speaker 1: be full of shame and guilt about where their money

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Speaker 1: is going, and then the final result is going to

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Speaker 1: be something that's really restrictive. That means that they can't

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Speaker 1: spend their money on anything fun. But exactly like you're saying,

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Speaker 1: that's not the case. If anything, it gives you more

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Speaker 1: of an idea of where those money leaks are, and

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Speaker 1: you're spending money on shit that you don't even use

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Speaker 1: or want, and therefore freeze up money for things that

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Speaker 1: you do actually want to do, all the things that

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Speaker 1: you value in life, which could be savings or an

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Speaker 1: emergency fund, or a deposit for a house or a

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Speaker 1: holiday or your fun fund.

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Speaker 3: Literally, yeah, it also.

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Speaker 1: Really changed my spending, Like I really now look at

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Speaker 1: everything because everything has a budget, everything has a cap

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Speaker 1: everything has a thing that I'm like, Okay, that's how

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Speaker 1: much I want to spend on it. That like when

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Speaker 1: I'm going to go and buy something online, I'm.

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Speaker 4: Like, that's like, that's like that whole that's like the

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Speaker 4: whole all months budget on that one thing I really

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Speaker 4: want that probably not. And I've started like really looking

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Speaker 4: at investing and it's just so motivating.

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Speaker 2: It makes me so like I get I get high,

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Speaker 2: get excited. So here's a hack.

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Speaker 4: We found a free budgeting tool that helps you spend

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Speaker 4: less and save more. It's fined as Budget Planner, and

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Speaker 4: it's literally free.

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Speaker 2: You don't have to pay for anything.

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Speaker 4: It's a free budget planner and it does everything for you.

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Speaker 4: The budget literally breaks down all the categories of what

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Speaker 4: goes into a budget for you, because I think that's

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Speaker 4: the hardest part of building a budget is you go, wait,

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Speaker 4: what do I put in here? And so now that

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Speaker 4: you've got all the categories, you literally just have to

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Speaker 4: put the number in.

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Speaker 2: It's great, you just.

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Speaker 4: Fill it in down the list and then it generates

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Speaker 4: your budget for you. And then the budget will also

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Speaker 4: spit out your surplus, which is.

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Speaker 2: The money that you can spend on incidentals or like

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Speaker 2: splurges or treat yourself moments.

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Speaker 1: I also like it because it has like a little

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Speaker 1: checklist down the box that teaches you how to do

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Speaker 1: every step, because if you get to one and be like,

449
00:21:02,920 --> 00:21:04,080
Speaker 1: I don't know what that is or I'm not sure

450
00:21:04,119 --> 00:21:06,480
Speaker 1: how to calculate that, it literally just tells you how

451
00:21:06,480 --> 00:21:09,080
Speaker 1: to do it, or like what you should include within

452
00:21:09,119 --> 00:21:12,600
Speaker 1: that category like takeaway food or impulse spending or whatever

453
00:21:12,640 --> 00:21:15,200
Speaker 1: it is. Yeah, and also in really easy to understand

454
00:21:15,280 --> 00:21:16,119
Speaker 1: language too.

455
00:21:16,200 --> 00:21:17,800
Speaker 3: Yeah, which is another.

456
00:21:17,520 --> 00:21:19,200
Speaker 1: Thing that I love because sometimes it's not gonna be

457
00:21:19,200 --> 00:21:22,360
Speaker 1: really daunting and overwhelming, but they kind of just say.

458
00:21:22,200 --> 00:21:23,440
Speaker 3: It how it is exactly.

459
00:21:24,040 --> 00:21:26,960
Speaker 4: It's literally just a no brainer and such an easy

460
00:21:27,000 --> 00:21:27,640
Speaker 4: tool to use.

461
00:21:27,760 --> 00:21:29,919
Speaker 3: And the cherry on top is that it's free.

462
00:21:30,080 --> 00:21:33,240
Speaker 1: So many other budget trackers and planners come with a fee,

463
00:21:33,880 --> 00:21:36,280
Speaker 1: which I also think is another reason why people don't.

464
00:21:36,520 --> 00:21:39,520
Speaker 4: Yeah, h started one hundred percent, So we've left a

465
00:21:39,560 --> 00:21:42,200
Speaker 4: link to it in the show notes, but yeah, check

466
00:21:42,200 --> 00:21:42,480
Speaker 4: it out.

467
00:21:42,840 --> 00:21:48,399
Speaker 1: Step four introduce friction to your spending. So, as we

468
00:21:48,480 --> 00:21:51,119
Speaker 1: mentioned when we were talking about like cash list, verst cash,

469
00:21:51,200 --> 00:21:54,119
Speaker 1: it is so easy to spend, and living in a

470
00:21:54,160 --> 00:21:57,560
Speaker 1: digital world, I think it's part of it that convenience

471
00:21:57,560 --> 00:22:00,399
Speaker 1: can seem really great, but really it really is opening

472
00:22:00,520 --> 00:22:03,679
Speaker 1: up a lot of money leakages, or just opportunities for

473
00:22:03,760 --> 00:22:07,840
Speaker 1: impulse spending. Number one, do a money digital detox, So

474
00:22:08,040 --> 00:22:12,320
Speaker 1: remove your digital wallet from your phone, delete paid payment

475
00:22:12,359 --> 00:22:15,199
Speaker 1: information that's saved in any of your favorite websites or

476
00:22:15,200 --> 00:22:20,399
Speaker 1: online shopping accounts and browsers, and delete retail apps and

477
00:22:20,640 --> 00:22:22,320
Speaker 1: unsubscribed for marketing emails.

478
00:22:22,560 --> 00:22:27,160
Speaker 4: Also unfollow brands on social media. Like, if you need something,

479
00:22:27,960 --> 00:22:29,040
Speaker 4: it will find.

480
00:22:28,800 --> 00:22:30,439
Speaker 3: You because you will find it.

481
00:22:30,600 --> 00:22:32,360
Speaker 2: You will find it, you know what I mean.

482
00:22:32,440 --> 00:22:36,200
Speaker 4: Like, if you need a new pair of sneakers, your

483
00:22:36,320 --> 00:22:39,680
Speaker 4: sneakers now will tell you that, not an Instagram reel,

484
00:22:40,160 --> 00:22:41,720
Speaker 4: because your sneakers.

485
00:22:41,240 --> 00:22:46,359
Speaker 2: Will be like, hey girl, where fucked? We don't work anymore?

486
00:22:46,880 --> 00:22:49,080
Speaker 4: Like, and then you'll be like, I really should get

487
00:22:49,080 --> 00:22:53,040
Speaker 4: a new pair of sneakers. Google you don't, like, you

488
00:22:53,080 --> 00:22:55,560
Speaker 4: don't need the Internet to tell you what you need

489
00:22:55,600 --> 00:22:58,760
Speaker 4: to buy. Yeah, absolutely, we can still find cool stuff

490
00:22:58,760 --> 00:23:01,080
Speaker 4: to buy. Like, There's been so many things that I've found,

491
00:23:01,359 --> 00:23:04,919
Speaker 4: like through social media, that I really really love, but

492
00:23:04,960 --> 00:23:06,760
Speaker 4: there's also been a lot of things that I didn't

493
00:23:06,800 --> 00:23:08,080
Speaker 4: need exactly.

494
00:23:08,160 --> 00:23:11,760
Speaker 1: And it's just about adding that barrier to avoid some

495
00:23:11,800 --> 00:23:14,000
Speaker 1: of those impulse shopping habits because I know, for me.

496
00:23:14,080 --> 00:23:17,880
Speaker 1: If I'm scrolling online in bed and like looking at something,

497
00:23:18,119 --> 00:23:20,240
Speaker 1: if I have to get up and go grab.

498
00:23:20,000 --> 00:23:21,520
Speaker 2: My card, You're not getting it.

499
00:23:21,520 --> 00:23:23,760
Speaker 3: It's probably not going You know what was.

500
00:23:23,880 --> 00:23:27,200
Speaker 4: Really a really bad point in time at my spending life.

501
00:23:27,880 --> 00:23:30,000
Speaker 2: I knew my card details off my heart.

502
00:23:30,240 --> 00:23:34,400
Speaker 1: That's how much I would just buy shit. And I

503
00:23:34,440 --> 00:23:37,760
Speaker 1: was like, and the fact that you know there's things

504
00:23:37,800 --> 00:23:40,120
Speaker 1: like Apple Pay and you can just go and your

505
00:23:40,200 --> 00:23:44,320
Speaker 1: address is already loaded in there, like that is not good.

506
00:23:44,760 --> 00:23:46,720
Speaker 3: Yeah, exactly, Okay.

507
00:23:46,920 --> 00:23:50,640
Speaker 1: Next one, create delay rules. Yeah, so you can kind

508
00:23:50,640 --> 00:23:52,320
Speaker 1: of have fun with this and make it work for you.

509
00:23:52,359 --> 00:23:55,639
Speaker 1: But for some examples, are you have to wait twenty

510
00:23:55,640 --> 00:23:58,639
Speaker 1: four hours for purchases under one hundred dollars, you have

511
00:23:58,680 --> 00:24:01,560
Speaker 1: to wait seventy two hours for purchases over.

512
00:24:01,400 --> 00:24:02,240
Speaker 3: One hundred dollars.

513
00:24:02,680 --> 00:24:05,760
Speaker 1: Or create a thirty day wish list so if you

514
00:24:05,840 --> 00:24:07,719
Speaker 1: do come across things and you're like, oh, I do

515
00:24:07,800 --> 00:24:09,639
Speaker 1: really want that, pop it in a notes app or

516
00:24:09,680 --> 00:24:12,280
Speaker 1: write it down in a notebook. And then if you're

517
00:24:12,280 --> 00:24:15,040
Speaker 1: doing a budget monthly, for example, at the end of

518
00:24:15,040 --> 00:24:16,919
Speaker 1: the month, you can run through what was in your

519
00:24:16,920 --> 00:24:20,920
Speaker 1: thirty day wish list and I bet you ten dollars

520
00:24:21,359 --> 00:24:23,159
Speaker 1: that when you look through it, the majority of that

521
00:24:23,200 --> 00:24:23,960
Speaker 1: shit you'll be waiting.

522
00:24:24,000 --> 00:24:26,800
Speaker 2: I don't anymore. Seriously, I've realized it is because of.

523
00:24:26,840 --> 00:24:29,680
Speaker 4: Like the app that I use Locker, So like when

524
00:24:29,680 --> 00:24:31,840
Speaker 4: I see things that I like, I put it in there. Yeah,

525
00:24:31,880 --> 00:24:34,000
Speaker 4: because it also tells me if they go on sale, right,

526
00:24:34,359 --> 00:24:41,480
Speaker 4: and I'll get the sound notification and I go, yeah, bee, yeahie.

527
00:24:40,920 --> 00:24:43,760
Speaker 1: If you hesitate and you see it on sale, you

528
00:24:43,880 --> 00:24:47,920
Speaker 1: really don't yet it exactly and you know what again,

529
00:24:47,960 --> 00:24:51,120
Speaker 1: it's this like snowball effect of good habits and good

530
00:24:51,119 --> 00:24:53,880
Speaker 1: money habits because I realize.

531
00:24:55,200 --> 00:24:56,520
Speaker 2: I really do imbolsement.

532
00:24:57,440 --> 00:25:00,639
Speaker 4: I really do, and like the fact that like maybe

533
00:25:00,680 --> 00:25:02,840
Speaker 4: if I I'm sure like some of these things, I

534
00:25:02,880 --> 00:25:04,680
Speaker 4: would have bought and I would really like them.

535
00:25:04,680 --> 00:25:08,280
Speaker 2: But it's even better not buying them and realizing I

536
00:25:08,320 --> 00:25:08,960
Speaker 2: don't need them.

537
00:25:09,320 --> 00:25:12,840
Speaker 4: Yeah, you know, like that's that's the better universe that

538
00:25:12,920 --> 00:25:14,800
Speaker 4: I enjoy the multiverse of.

539
00:25:14,760 --> 00:25:17,200
Speaker 2: My spending habits. Somewhere out there.

540
00:25:17,960 --> 00:25:21,720
Speaker 4: She's rich somewhere out there in and old started investing

541
00:25:21,760 --> 00:25:23,000
Speaker 4: when she was fifteen years old.

542
00:25:23,840 --> 00:25:25,600
Speaker 3: She's a good girl. Yeah, exactly.

543
00:25:25,640 --> 00:25:26,480
Speaker 2: She bought bitcoin.

544
00:25:28,160 --> 00:25:30,959
Speaker 1: I saw somebody online said that their money rule is

545
00:25:31,040 --> 00:25:35,520
Speaker 1: that when they go to buy something, they have to say,

546
00:25:35,480 --> 00:25:37,880
Speaker 1: if it's three hundred dollars, they also have to put

547
00:25:37,880 --> 00:25:43,000
Speaker 1: three hundred dollars in their savings our yeah, which is

548
00:25:43,080 --> 00:25:46,720
Speaker 1: kind of similar to the mentality of if you can't

549
00:25:46,720 --> 00:25:48,120
Speaker 1: buy it twice, you can't afford it.

550
00:25:48,440 --> 00:25:51,520
Speaker 4: I do really like working out how much that would

551
00:25:51,560 --> 00:25:55,480
Speaker 4: be in work hours. So if you earn fifty dollars

552
00:25:55,560 --> 00:25:57,840
Speaker 4: an hour and you want to buy something that's two

553
00:25:57,880 --> 00:25:59,840
Speaker 4: hundred dollars, that's four hours of work.

554
00:26:00,480 --> 00:26:03,919
Speaker 3: Is that dress worth four hours of work?

555
00:26:04,560 --> 00:26:05,760
Speaker 2: If it is studying? Amazing?

556
00:26:05,760 --> 00:26:06,040
Speaker 1: Brave?

557
00:26:06,400 --> 00:26:06,760
Speaker 2: If not?

558
00:26:07,760 --> 00:26:09,679
Speaker 1: And then my next one is do a low or

559
00:26:09,720 --> 00:26:11,919
Speaker 1: no spend challenge. There are so many different ones that

560
00:26:11,960 --> 00:26:14,159
Speaker 1: you can do, but I think a good place to

561
00:26:14,200 --> 00:26:17,560
Speaker 1: start is focusing on your problem areas. So, for example,

562
00:26:17,640 --> 00:26:21,200
Speaker 1: if you buy coffee every single day, then your low

563
00:26:21,200 --> 00:26:23,600
Speaker 1: spend challenge would be to make your coffee out home

564
00:26:23,760 --> 00:26:26,040
Speaker 1: or no food delivery for a month or whatever. But

565
00:26:26,400 --> 00:26:28,920
Speaker 1: there are a bunch of challenges out there, so some

566
00:26:28,960 --> 00:26:30,200
Speaker 1: creators for inspiration.

567
00:26:30,480 --> 00:26:31,320
Speaker 3: Emma Edwards.

568
00:26:31,359 --> 00:26:34,359
Speaker 1: She just published The Wardrobe Project, which is a book

569
00:26:34,359 --> 00:26:36,200
Speaker 1: where she talks about how she went a full year

570
00:26:36,240 --> 00:26:39,320
Speaker 1: without buying new clothes, So that's nothing, no new items,

571
00:26:39,440 --> 00:26:44,080
Speaker 1: no second hand, no rentals, no. But also but also

572
00:26:44,119 --> 00:26:47,879
Speaker 1: buying clothes isn't necessarily my problem area. I don't actually

573
00:26:47,960 --> 00:26:51,240
Speaker 1: spend that much money on clothes. It would be stuff

574
00:26:51,359 --> 00:26:54,920
Speaker 1: like Uber eats. Previously it was coffees, and like rite

575
00:26:54,920 --> 00:26:58,520
Speaker 1: share is definitely like so I'm like, I wouldn't want

576
00:26:58,560 --> 00:27:00,880
Speaker 1: to because and I don't think I have like that

577
00:27:01,000 --> 00:27:06,320
Speaker 1: kind of relationship with clothes. And then also Brooklyn aka Suoklan, Yeah,

578
00:27:06,320 --> 00:27:10,639
Speaker 1: on TikTok, she challenged herself to only buy twelve things

579
00:27:10,680 --> 00:27:13,320
Speaker 1: for a whole year, and she runs through all the

580
00:27:13,320 --> 00:27:15,040
Speaker 1: different rules that she had within that.

581
00:27:15,440 --> 00:27:16,240
Speaker 3: But yeah, I thought those.

582
00:27:16,160 --> 00:27:18,160
Speaker 2: Were really cool too, love them.

583
00:27:18,440 --> 00:27:21,760
Speaker 4: And then to wrap up the episode super quick one

584
00:27:22,560 --> 00:27:25,359
Speaker 4: is turn fixed expenses into assets.

585
00:27:25,640 --> 00:27:27,919
Speaker 2: So we're going to talk more about this in a

586
00:27:28,000 --> 00:27:30,000
Speaker 2: real we have coming up that explains it a little

587
00:27:30,040 --> 00:27:34,080
Speaker 2: bit better. But basically, all of your bills.

588
00:27:34,119 --> 00:27:38,160
Speaker 4: Are like the most underused wealth tool you have in

589
00:27:38,280 --> 00:27:42,679
Speaker 4: your arsenal. So like what I mean by this is

590
00:27:42,720 --> 00:27:45,560
Speaker 4: that when you're paying the thousands of dollars that you

591
00:27:45,600 --> 00:27:48,480
Speaker 4: are on bills, you should be making that money work

592
00:27:48,600 --> 00:27:51,760
Speaker 4: harder for you, Like that money is moving away from you,

593
00:27:51,760 --> 00:27:53,240
Speaker 4: you might as well make it move better.

594
00:27:54,040 --> 00:27:56,600
Speaker 2: So ways that we're talking about doing this is.

595
00:27:56,560 --> 00:27:59,520
Speaker 1: Like earning points on your bills, So like you can

596
00:27:59,560 --> 00:28:02,600
Speaker 1: earn thelow city frequent flyer points or whatever points you

597
00:28:02,720 --> 00:28:06,679
Speaker 1: use on things like your electricity or your insurance, and

598
00:28:06,720 --> 00:28:09,359
Speaker 1: you earn points for that. There's also, you know, ways

599
00:28:09,359 --> 00:28:11,480
Speaker 1: that you can hack it with credit cards if you

600
00:28:11,520 --> 00:28:12,320
Speaker 1: have one of those.

601
00:28:12,359 --> 00:28:14,280
Speaker 2: But it's about like getting.

602
00:28:14,160 --> 00:28:16,800
Speaker 1: More bang for your buck and turning them into it.

603
00:28:16,800 --> 00:28:19,159
Speaker 1: But we're gonna have a breakdown on how that works.

604
00:28:19,200 --> 00:28:22,960
Speaker 1: But look into how you can maximize.

605
00:28:22,240 --> 00:28:24,960
Speaker 3: That on expenses that you already have to make.

606
00:28:25,119 --> 00:28:27,720
Speaker 4: Exactly, if you're going to be spending that money anyway,

607
00:28:28,040 --> 00:28:30,359
Speaker 4: you might as well get something out of it, whether

608
00:28:30,400 --> 00:28:33,119
Speaker 4: it's cash back, whether it's points, whether it's you know,

609
00:28:33,480 --> 00:28:35,560
Speaker 4: credit history, you know whatever that is.

610
00:28:36,240 --> 00:28:38,600
Speaker 3: Yeah, I like that. Yes, way to wrap up.

611
00:28:38,480 --> 00:28:42,240
Speaker 2: The EPI exactly. Well, that's a wrap. Thank you so

612
00:28:42,320 --> 00:28:44,120
Speaker 2: much for having us in your ear holes. Chicks, we

613
00:28:44,520 --> 00:28:45,720
Speaker 2: love to be here.

614
00:28:46,120 --> 00:28:48,120
Speaker 1: Thank you so much to find out for helping make

615
00:28:48,160 --> 00:28:51,440
Speaker 1: this episode happen and also helping our audience win at money.

616
00:28:51,520 --> 00:28:54,520
Speaker 1: Don't forget to compare and save on those bills. We

617
00:28:54,600 --> 00:28:57,360
Speaker 1: will catch you in the next episode Chickies, Bye bye,

618
00:28:57,560 --> 00:28:57,959
Speaker 1: love ya,