1 00:00:02,200 --> 00:00:03,120 Speaker 1: From the newsroom. 2 00:00:03,320 --> 00:00:04,440 Speaker 2: Are news to come to. 3 00:00:06,240 --> 00:00:08,560 Speaker 3: Gooday there, I'm Andrew Bucklow. Well, it's a big day 4 00:00:08,560 --> 00:00:11,240 Speaker 3: for Rossie homeowners, with the RBA set to hand down 5 00:00:11,320 --> 00:00:14,480 Speaker 3: its latest decision on interest rates this afternoon. The good 6 00:00:14,520 --> 00:00:17,000 Speaker 3: news is that most economists are tipping there will be 7 00:00:17,040 --> 00:00:20,160 Speaker 3: a cut of zero point twenty five percentage points regardless 8 00:00:20,200 --> 00:00:22,040 Speaker 3: of what happens, though. I think we'd all like some 9 00:00:22,200 --> 00:00:25,360 Speaker 3: extra money in our bank account, and today's episode is 10 00:00:25,440 --> 00:00:28,240 Speaker 3: going to help you achieve that. We're gonna hear nine 11 00:00:28,320 --> 00:00:30,800 Speaker 3: practical tips that can help you pull in an extra 12 00:00:30,880 --> 00:00:34,360 Speaker 3: get this twenty thousand dollars a year. No, you won't 13 00:00:34,360 --> 00:00:36,040 Speaker 3: have to sell a kidney. No you won't have to 14 00:00:36,080 --> 00:00:38,839 Speaker 3: join only fans. These are simple things that pretty much 15 00:00:38,880 --> 00:00:41,400 Speaker 3: everyone can do to generate a bit more cash. We'll 16 00:00:41,440 --> 00:00:47,239 Speaker 3: get underway in just a moment. Mel Brown is a 17 00:00:47,360 --> 00:00:50,280 Speaker 3: money expert. She's written a couple of books, including Unfuck 18 00:00:50,320 --> 00:00:52,800 Speaker 3: Your Financeers, and she's also a news dot Com Dot 19 00:00:52,840 --> 00:00:55,760 Speaker 3: a U contributor. She's written this great article called quick 20 00:00:55,840 --> 00:00:58,360 Speaker 3: way to make an extra twenty thousand dollars a year. 21 00:00:58,400 --> 00:01:00,360 Speaker 3: I mean, who is not going to read that? She 22 00:01:00,480 --> 00:01:02,000 Speaker 3: joins me now to tell me all about it, get 23 00:01:02,040 --> 00:01:02,360 Speaker 3: a mail. 24 00:01:02,920 --> 00:01:04,120 Speaker 1: Hey, thanks for having me. 25 00:01:04,640 --> 00:01:06,920 Speaker 3: It is an absolute pleasure. You have got nine things 26 00:01:06,920 --> 00:01:09,319 Speaker 3: in this article that take fifteen minutes or less that 27 00:01:09,400 --> 00:01:11,520 Speaker 3: people can do to try and make more money. I 28 00:01:11,560 --> 00:01:13,720 Speaker 3: want to run through them one by one because they 29 00:01:13,760 --> 00:01:16,920 Speaker 3: really are invaluable tips. Let's start with number one. 30 00:01:17,160 --> 00:01:19,440 Speaker 1: Yep. So the first one is to use a cash 31 00:01:19,440 --> 00:01:19,960 Speaker 1: back app. 32 00:01:20,360 --> 00:01:22,639 Speaker 2: And this is something that I've been using for years 33 00:01:22,920 --> 00:01:26,080 Speaker 2: and have earned thousands of dollars back during that time. 34 00:01:26,360 --> 00:01:28,080 Speaker 2: So there's a couple of different ones you can use. 35 00:01:28,120 --> 00:01:31,400 Speaker 2: There's shop back or there's cash rewards. I'm a fan 36 00:01:31,640 --> 00:01:34,480 Speaker 2: of getting them unsubscribing from the email so you're not 37 00:01:34,600 --> 00:01:38,800 Speaker 2: tempted to spend putting the extension on your browser so 38 00:01:38,840 --> 00:01:42,160 Speaker 2: that if you're shopping online anyway, so everything from groceries 39 00:01:42,200 --> 00:01:45,880 Speaker 2: to Bunnings to the Iconic or wherever it is that 40 00:01:45,920 --> 00:01:49,040 Speaker 2: you're shopping, it'll pop up to say hey, there's a 41 00:01:49,080 --> 00:01:52,040 Speaker 2: cash back available. You activate it and then you keep 42 00:01:52,080 --> 00:01:55,000 Speaker 2: shopping and it is quite literally cash back in your 43 00:01:55,000 --> 00:01:57,760 Speaker 2: bank account in about three months later. 44 00:01:58,520 --> 00:02:00,360 Speaker 3: I had a look at this yesterday and I couldn't 45 00:02:00,400 --> 00:02:02,360 Speaker 3: believe it because I was reading your article on us 46 00:02:02,400 --> 00:02:04,160 Speaker 3: dot com dotter you want to blew my mind. So 47 00:02:04,240 --> 00:02:05,680 Speaker 3: I went and had a quick play. I was going 48 00:02:05,720 --> 00:02:07,920 Speaker 3: to buy a pair of shoes from the Iconic anyway, 49 00:02:08,040 --> 00:02:10,520 Speaker 3: but then if you do it through the shop back website, 50 00:02:10,639 --> 00:02:14,160 Speaker 3: you can basically make like two or three percent sometimes 51 00:02:14,240 --> 00:02:17,000 Speaker 3: up to ten percent back on that purchase in cash. 52 00:02:17,040 --> 00:02:18,000 Speaker 3: It's pretty crazy. 53 00:02:18,280 --> 00:02:20,480 Speaker 2: It's so wild, and I know I've had people say 54 00:02:20,480 --> 00:02:22,880 Speaker 2: to me, but they'll get your data. They're getting your 55 00:02:22,960 --> 00:02:25,920 Speaker 2: data anyway, so you may as will make money while 56 00:02:25,919 --> 00:02:26,480 Speaker 2: they have it. 57 00:02:27,320 --> 00:02:29,360 Speaker 3: That's a great tip, all right. What is number two? 58 00:02:29,480 --> 00:02:32,520 Speaker 2: Mel Number two is rent out your stuff. So a 59 00:02:32,520 --> 00:02:35,680 Speaker 2: lot of people immediately think about selling your stuff. 60 00:02:35,520 --> 00:02:36,120 Speaker 1: But I don't know. 61 00:02:36,240 --> 00:02:39,080 Speaker 2: I like some of my stuff, so it's renting it 62 00:02:39,120 --> 00:02:41,200 Speaker 2: out so you're not having to let go of it. 63 00:02:41,480 --> 00:02:43,760 Speaker 2: So that's everything from you might have tools in your 64 00:02:43,840 --> 00:02:46,519 Speaker 2: garage through to address that you wore at a wedding 65 00:02:46,560 --> 00:02:49,160 Speaker 2: that you wear once a year, and you can rent 66 00:02:49,200 --> 00:02:51,880 Speaker 2: it out when people are having formals or wedding season. 67 00:02:52,360 --> 00:02:54,960 Speaker 2: But it's also weird stuff. So if you've got a 68 00:02:54,960 --> 00:02:57,560 Speaker 2: swimming pool, you can rent that out. If you have 69 00:02:57,639 --> 00:02:59,919 Speaker 2: a driveway, So if I'm living in the inner city. 70 00:03:00,400 --> 00:03:03,120 Speaker 2: I can rent out my driveway. I could rent out 71 00:03:03,120 --> 00:03:06,280 Speaker 2: my car if I'm having to commute. So there's so 72 00:03:06,440 --> 00:03:09,639 Speaker 2: many things you can rent out. It's limited by our imagination. 73 00:03:10,400 --> 00:03:13,120 Speaker 3: I saw in your article that you mentioned people renting 74 00:03:13,120 --> 00:03:14,640 Speaker 3: out their pool, and I was like, how is that 75 00:03:14,680 --> 00:03:16,839 Speaker 3: for real? So I googled it. There's a website called 76 00:03:16,960 --> 00:03:20,640 Speaker 3: swimply I think it is, and that's red pools for 77 00:03:20,680 --> 00:03:22,760 Speaker 3: like thirty five bucks an hour and you can bring 78 00:03:22,840 --> 00:03:23,440 Speaker 3: ten mates. 79 00:03:23,440 --> 00:03:27,520 Speaker 2: It's crazy but amazing for you. If you want to 80 00:03:27,639 --> 00:03:29,679 Speaker 2: use a pool and you don't want to use the 81 00:03:29,720 --> 00:03:32,040 Speaker 2: public pool, you've got that option as well, and it's 82 00:03:32,080 --> 00:03:32,639 Speaker 2: win win. 83 00:03:32,880 --> 00:03:35,280 Speaker 3: One hundred percent way cheaper than going to stay in 84 00:03:35,280 --> 00:03:37,960 Speaker 3: a fancy resort for a weekend. Or what is number three? Now? 85 00:03:38,560 --> 00:03:41,720 Speaker 2: See three is completing surveys online. So this might be 86 00:03:41,880 --> 00:03:45,840 Speaker 2: you've taken the kids to watch sport and you're sitting 87 00:03:45,920 --> 00:03:48,080 Speaker 2: there anyway, so pulling out your app and doing a 88 00:03:48,120 --> 00:03:50,839 Speaker 2: couple of surveys is such an easy way to make 89 00:03:50,920 --> 00:03:53,080 Speaker 2: some bucks while you're just sitting there. 90 00:03:53,480 --> 00:03:54,640 Speaker 1: So you're not going to make a lot. 91 00:03:54,880 --> 00:03:57,720 Speaker 2: It might be ten or twenty bucks at ago, but 92 00:03:57,760 --> 00:04:00,000 Speaker 2: for me, it's the snowball effect of all of these 93 00:04:00,080 --> 00:04:02,200 Speaker 2: things that are going to get you that twenty grand 94 00:04:02,520 --> 00:04:05,480 Speaker 2: And so Octopus Surveys is a great site, and there's 95 00:04:05,640 --> 00:04:06,400 Speaker 2: lots more. 96 00:04:07,040 --> 00:04:09,600 Speaker 1: It's not just surveys of stuff too. 97 00:04:09,680 --> 00:04:13,160 Speaker 2: You could test websites, So there's sites will allow you 98 00:04:13,240 --> 00:04:16,720 Speaker 2: to test websites and kick them around to see if 99 00:04:16,760 --> 00:04:19,080 Speaker 2: they are actually working. So lots of ways you can 100 00:04:19,120 --> 00:04:20,000 Speaker 2: do surveys. 101 00:04:20,400 --> 00:04:22,120 Speaker 3: And you know, ten to twenty bucks. You say, that's 102 00:04:22,160 --> 00:04:24,279 Speaker 3: not March, but you can cover your coffees for the 103 00:04:24,279 --> 00:04:25,400 Speaker 3: week by just doing. 104 00:04:25,200 --> 00:04:29,320 Speaker 2: At right, And that's the thing at all snowballs, Yeah. 105 00:04:29,120 --> 00:04:31,520 Speaker 3: All right, we are up to tip number four, mel 106 00:04:31,640 --> 00:04:32,400 Speaker 3: What are you got for me? 107 00:04:32,720 --> 00:04:34,960 Speaker 2: Tip gunberfore is a big one. So this is not 108 00:04:35,080 --> 00:04:38,080 Speaker 2: just a small ten or twenty bucks. This is thousands 109 00:04:38,080 --> 00:04:40,839 Speaker 2: of dollars every single year. So I know we just 110 00:04:41,000 --> 00:04:43,520 Speaker 2: received an interest rate cut, but this is a way 111 00:04:43,560 --> 00:04:46,719 Speaker 2: to force an interest rate cut every single year. So 112 00:04:46,760 --> 00:04:49,320 Speaker 2: if you have a mortgage and you are not annually 113 00:04:49,360 --> 00:04:52,880 Speaker 2: asking your bank for an interest rate deduction, you were 114 00:04:52,920 --> 00:04:56,360 Speaker 2: missing out. So people inside my community, we've got scripts 115 00:04:56,360 --> 00:04:58,920 Speaker 2: and all sorts of stuff you can use, are getting 116 00:04:58,920 --> 00:05:03,800 Speaker 2: a point five percent interest rate cut every year, no 117 00:05:03,839 --> 00:05:06,680 Speaker 2: matter if rates are going up or rates are going down, 118 00:05:07,080 --> 00:05:10,560 Speaker 2: and it's that lazy tax that you're paying by not 119 00:05:10,720 --> 00:05:11,480 Speaker 2: asking for it. 120 00:05:12,000 --> 00:05:15,160 Speaker 3: Yeah, great tip there, all right, we're up to number five. 121 00:05:15,720 --> 00:05:18,719 Speaker 2: So five if groceries are such an expensive part of 122 00:05:18,760 --> 00:05:20,720 Speaker 2: life and we have to eat. 123 00:05:21,040 --> 00:05:23,039 Speaker 1: So it's just a factive life. 124 00:05:23,440 --> 00:05:26,200 Speaker 2: So there are so many apps that are available now 125 00:05:26,200 --> 00:05:29,520 Speaker 2: to help you save money. So some obvious ones that 126 00:05:29,560 --> 00:05:32,240 Speaker 2: you may or may not have heard of are frugal 127 00:05:32,760 --> 00:05:36,880 Speaker 2: wise least half price. So these are all apps that 128 00:05:37,000 --> 00:05:41,000 Speaker 2: let you save money on all the majors, so IgA 129 00:05:41,520 --> 00:05:45,160 Speaker 2: Aldi and the two big ones. There's also apps like 130 00:05:45,240 --> 00:05:48,599 Speaker 2: super Cook where if I've got stuff in my pantry 131 00:05:49,000 --> 00:05:51,320 Speaker 2: and I just want to make something out of it, 132 00:05:51,360 --> 00:05:53,200 Speaker 2: and I don't want to have to spend any more money, 133 00:05:53,240 --> 00:05:55,400 Speaker 2: and I don't want to go to Uber Eats, using 134 00:05:55,440 --> 00:05:57,960 Speaker 2: super Cook means I put in some ingredients and it'll 135 00:05:58,000 --> 00:06:01,680 Speaker 2: spit out recipes. Another one is too good to Go, 136 00:06:02,279 --> 00:06:06,960 Speaker 2: so that is where both grocery stores and cafes put 137 00:06:06,960 --> 00:06:11,280 Speaker 2: out a surprise baskets. So they might be worth thirty bucks, 138 00:06:11,680 --> 00:06:14,560 Speaker 2: but you'll pay six bucks for them your register and 139 00:06:14,600 --> 00:06:18,599 Speaker 2: it's really really cheap food. So there's so many ways 140 00:06:18,640 --> 00:06:19,320 Speaker 2: to save. 141 00:06:19,680 --> 00:06:21,640 Speaker 3: Those early ones that you were talking about, where you 142 00:06:21,680 --> 00:06:25,240 Speaker 3: can save money from the major supermarkets. How do they work? Exactly? 143 00:06:25,600 --> 00:06:28,440 Speaker 2: So something like half price will tell you where the 144 00:06:28,480 --> 00:06:29,440 Speaker 2: specials are so. 145 00:06:29,360 --> 00:06:32,359 Speaker 1: You're not having to go searching for them. Frugal's the same. 146 00:06:32,440 --> 00:06:36,240 Speaker 2: It's comparing across all of the sites to say, this 147 00:06:36,360 --> 00:06:37,880 Speaker 2: is what you're wanting to buy, and this is where 148 00:06:37,880 --> 00:06:39,159 Speaker 2: it's the cheapest. 149 00:06:39,360 --> 00:06:40,880 Speaker 3: Do you know. Just the other day, I was on 150 00:06:40,920 --> 00:06:43,479 Speaker 3: Facebook and I saw a friend of mine who's a mum, 151 00:06:43,680 --> 00:06:45,320 Speaker 3: and she was saying that she has to go through 152 00:06:45,320 --> 00:06:47,400 Speaker 3: the catalogs every single week. She gets out of a 153 00:06:47,480 --> 00:06:49,440 Speaker 3: notepad and she has to write down all right, I 154 00:06:49,480 --> 00:06:51,280 Speaker 3: have to go to this place to get the specials here. 155 00:06:51,320 --> 00:06:53,360 Speaker 3: I have to go to this place. But obviously these 156 00:06:53,400 --> 00:06:55,640 Speaker 3: apps make life so much easier. They just do all 157 00:06:55,720 --> 00:06:57,320 Speaker 3: the hard work for you, exactly. 158 00:06:57,400 --> 00:06:59,560 Speaker 1: I'm such a fan of using technology to do that. 159 00:07:00,000 --> 00:07:02,160 Speaker 3: All right, Stick around, Meil, We've got more money making 160 00:07:02,200 --> 00:07:11,920 Speaker 3: tips from you coming up in just a moment. Welcome back. 161 00:07:11,960 --> 00:07:14,360 Speaker 3: I'm chatting to money expert Mel Brown about things you 162 00:07:14,400 --> 00:07:17,040 Speaker 3: can do to make extra cash. Mel, you've given us 163 00:07:17,120 --> 00:07:20,000 Speaker 3: five out of nine tips so far. I am loving them, 164 00:07:20,040 --> 00:07:20,600 Speaker 3: what's next. 165 00:07:21,400 --> 00:07:24,560 Speaker 2: See this is a big one. So my husband, for example, 166 00:07:24,680 --> 00:07:27,360 Speaker 2: is desperate for a dog. I do not want one. 167 00:07:27,720 --> 00:07:30,520 Speaker 2: So pet sitting sites and pet walking sites are a 168 00:07:30,520 --> 00:07:33,000 Speaker 2: way for you to experience a pet without the cost. 169 00:07:33,640 --> 00:07:36,960 Speaker 2: So there's places like mad Pause where you register, you 170 00:07:37,000 --> 00:07:39,440 Speaker 2: have to do a police check, and you can either 171 00:07:39,560 --> 00:07:43,080 Speaker 2: go to someone's home and pet sit or have the 172 00:07:43,120 --> 00:07:47,200 Speaker 2: pets in your home where everything will be provided and 173 00:07:47,280 --> 00:07:49,040 Speaker 2: you will be paid. And if you think you're not 174 00:07:49,080 --> 00:07:50,600 Speaker 2: going to get a lot of money for this, I 175 00:07:50,600 --> 00:07:52,800 Speaker 2: can just give you one example. So we've got someone 176 00:07:52,840 --> 00:07:55,920 Speaker 2: in our community that did this last year, single mom, 177 00:07:56,240 --> 00:08:00,280 Speaker 2: working from home, no time. She pets sat and pet 178 00:08:00,320 --> 00:08:04,600 Speaker 2: walks during the year and earned fifteen thousand dollars from 179 00:08:04,640 --> 00:08:07,080 Speaker 2: doing that. Like that is a lot of money that 180 00:08:07,120 --> 00:08:09,280 Speaker 2: you can make, so really worthwhile. 181 00:08:09,320 --> 00:08:12,280 Speaker 3: One Yeah, I'm doing that today. Who cares that I'm 182 00:08:12,320 --> 00:08:13,240 Speaker 3: allergic to dollars? 183 00:08:13,280 --> 00:08:13,800 Speaker 2: All right? 184 00:08:14,440 --> 00:08:15,920 Speaker 1: Number seven goldfish for you. 185 00:08:16,400 --> 00:08:19,080 Speaker 3: Goldfish, that's a good dear. What's number seven? 186 00:08:19,720 --> 00:08:20,040 Speaker 1: Seven? 187 00:08:20,160 --> 00:08:22,640 Speaker 2: Is asking for a pay rise? Now, I'm a boss, 188 00:08:22,680 --> 00:08:24,680 Speaker 2: I've been a bus for twenty years. We don't just 189 00:08:24,720 --> 00:08:26,480 Speaker 2: want to go in and say hey, I listened to 190 00:08:26,520 --> 00:08:27,160 Speaker 2: this podcast. 191 00:08:27,200 --> 00:08:28,800 Speaker 1: And they said I should come and ask for a tip. 192 00:08:29,320 --> 00:08:32,640 Speaker 2: We want to ask for this in an appropriate way. 193 00:08:33,320 --> 00:08:37,120 Speaker 2: So sit down, figure out how have I contributed to 194 00:08:37,160 --> 00:08:40,800 Speaker 2: the company, How have I helped them earn money? What 195 00:08:40,960 --> 00:08:44,160 Speaker 2: are people in my industry earning? And if I am 196 00:08:44,240 --> 00:08:47,360 Speaker 2: earning less, and if I think I'm worth more, sit 197 00:08:47,440 --> 00:08:50,520 Speaker 2: down with your boss, make an appointment, tell them what 198 00:08:50,559 --> 00:08:54,120 Speaker 2: you want and have that chat around getting a pay rise. 199 00:08:54,160 --> 00:08:55,960 Speaker 2: And if you don't get one in your company and 200 00:08:56,040 --> 00:08:58,960 Speaker 2: you've done the benchmarking and you know that you can 201 00:08:59,000 --> 00:09:02,360 Speaker 2: get one somewhere else, maybe it's time to look for 202 00:09:02,559 --> 00:09:03,839 Speaker 2: a pay rise somewhere else. 203 00:09:04,320 --> 00:09:06,719 Speaker 3: It can be so intimidating karnate to sit down and 204 00:09:07,160 --> 00:09:09,160 Speaker 3: for more money, but you know they're not just going 205 00:09:09,200 --> 00:09:11,240 Speaker 3: to give it to you. You have to ask for it, 206 00:09:11,280 --> 00:09:14,200 Speaker 3: so I really do. Yeah, all right, let's move on 207 00:09:14,240 --> 00:09:15,200 Speaker 3: to tip number eight. 208 00:09:16,160 --> 00:09:17,600 Speaker 1: Number eight is looking for cash. 209 00:09:17,720 --> 00:09:21,199 Speaker 2: So I'm talking everything from the seats of your car too, 210 00:09:21,960 --> 00:09:25,080 Speaker 2: handbags that you might have. But also there are coupon 211 00:09:25,200 --> 00:09:28,400 Speaker 2: sites like honey which will show you what vouchers, etc. 212 00:09:28,760 --> 00:09:31,920 Speaker 2: Are around that you could use to find cash. There's 213 00:09:32,040 --> 00:09:35,280 Speaker 2: roundup sites, so a lot of investing apps now have 214 00:09:35,400 --> 00:09:38,560 Speaker 2: got round up inside their site, so you can be 215 00:09:38,679 --> 00:09:42,960 Speaker 2: investing with money that's not yours money from shopping or 216 00:09:43,040 --> 00:09:46,840 Speaker 2: going to money smart app or acic. There are links 217 00:09:46,880 --> 00:09:49,800 Speaker 2: where it lets you figure out, well, is there insurances 218 00:09:49,880 --> 00:09:53,320 Speaker 2: that I've let lapse? Is there superannuation that I'm entitled to? 219 00:09:53,520 --> 00:09:56,240 Speaker 2: Is there a bank account that I didn't realize that 220 00:09:56,280 --> 00:09:58,280 Speaker 2: I had when I was a sixteen year eighteen year 221 00:09:58,320 --> 00:10:01,080 Speaker 2: old that has since closed, money to be had or 222 00:10:01,120 --> 00:10:02,640 Speaker 2: dividends that I'm entitled to. 223 00:10:03,280 --> 00:10:06,199 Speaker 1: So the number of people that have got latent. 224 00:10:05,960 --> 00:10:09,240 Speaker 2: Money just sitting around that you don't realize it's worth 225 00:10:09,320 --> 00:10:11,840 Speaker 2: going and finding those links and seeing if you've got 226 00:10:11,840 --> 00:10:12,440 Speaker 2: funds there. 227 00:10:12,920 --> 00:10:14,720 Speaker 3: And there's nothing better than when you put on an 228 00:10:14,760 --> 00:10:19,000 Speaker 3: old winter jacket and just put your twenty bucks exactly, 229 00:10:19,280 --> 00:10:21,559 Speaker 3: You're like, oh my god, I'm the luckiest man alive. 230 00:10:22,280 --> 00:10:25,240 Speaker 3: We've had eight tips so far. Now what is number nine? 231 00:10:25,920 --> 00:10:27,960 Speaker 1: Number nine is to negotiate your bills. 232 00:10:28,040 --> 00:10:31,080 Speaker 2: And again there's a lazy tax and a loyalty tax 233 00:10:31,120 --> 00:10:33,960 Speaker 2: we pay by just setting and forgetting. So I'm such 234 00:10:34,000 --> 00:10:36,920 Speaker 2: a fan of automating my bills, but once a year 235 00:10:36,960 --> 00:10:39,680 Speaker 2: I want to sit down when they're due and ask 236 00:10:39,760 --> 00:10:42,559 Speaker 2: the question can I get a better deal, So everything 237 00:10:42,600 --> 00:10:45,640 Speaker 2: from your private health insurance, so ringing them and saying, hey, 238 00:10:45,880 --> 00:10:49,240 Speaker 2: I've been a loyal customer, I'd like a discount to 239 00:10:49,280 --> 00:10:53,120 Speaker 2: your electricity, to your phone bill, to your streaming services. 240 00:10:53,640 --> 00:10:57,120 Speaker 2: So it's that whole donas don't get. And again, people 241 00:10:57,120 --> 00:11:00,720 Speaker 2: inside my community are getting massive discounts in plea from 242 00:11:00,760 --> 00:11:04,120 Speaker 2: asking because it's a lot of competition out there, and 243 00:11:04,160 --> 00:11:07,160 Speaker 2: if you even maybe hint you're going to go somewhere else, 244 00:11:07,320 --> 00:11:08,960 Speaker 2: chances are you going to get a discount. 245 00:11:09,480 --> 00:11:12,000 Speaker 3: Just the other day, I was scrolling through Twitter or 246 00:11:12,240 --> 00:11:14,400 Speaker 3: x as it's known now, and I saw a video 247 00:11:14,559 --> 00:11:17,400 Speaker 3: of Kevin O'Leary, who was a Canadian businessman. There's a 248 00:11:17,440 --> 00:11:21,040 Speaker 3: multi multimillionaire. He's on the US version of Shark Tank, 249 00:11:21,080 --> 00:11:23,720 Speaker 3: and he was saying that even though he is so wealthy, 250 00:11:23,800 --> 00:11:26,559 Speaker 3: every time he gets a notification from a company saying 251 00:11:26,559 --> 00:11:29,280 Speaker 3: that one of his bills is going up, he calls them. 252 00:11:29,360 --> 00:11:30,760 Speaker 3: Let's have a listened to what he has to say. 253 00:11:31,360 --> 00:11:34,440 Speaker 4: I always call on a bill and I say, let 254 00:11:34,520 --> 00:11:37,720 Speaker 4: me speak to your retention officer, avoid dealing with the 255 00:11:37,760 --> 00:11:40,280 Speaker 4: sales rep because only the retention officer can cut the 256 00:11:40,760 --> 00:11:42,840 Speaker 4: deal and I say them, listen, I just saw this 257 00:11:43,000 --> 00:11:47,880 Speaker 4: increase in this service. Unfortunately, I can no longer remain 258 00:11:47,960 --> 00:11:50,120 Speaker 4: with you at this price. I'm sharping my business. And 259 00:11:50,160 --> 00:11:51,680 Speaker 4: they will say, oh, you don't have to do that. 260 00:11:51,760 --> 00:11:53,880 Speaker 4: I'm the retention officer. What do you want? And I 261 00:11:53,920 --> 00:11:56,240 Speaker 4: will say, look, keep me as a customer because I've 262 00:11:56,280 --> 00:11:58,520 Speaker 4: been a customer for X number of years and the 263 00:11:58,520 --> 00:11:59,880 Speaker 4: fact that I had to call you to get the 264 00:12:00,080 --> 00:12:02,280 Speaker 4: So I need four three months and I want my 265 00:12:02,360 --> 00:12:05,240 Speaker 4: old rate back and they'll say, we can't give you 266 00:12:05,320 --> 00:12:06,880 Speaker 4: four three months. We can give you one free month. 267 00:12:06,920 --> 00:12:08,480 Speaker 4: I said, I'll do it it too, and if you 268 00:12:08,480 --> 00:12:10,800 Speaker 4: don't give me two, I'm shopping my business because you 269 00:12:10,880 --> 00:12:13,640 Speaker 4: made me call you for this. It's an age old game. 270 00:12:13,679 --> 00:12:15,319 Speaker 4: I love doing it. It keeps me show. 271 00:12:15,679 --> 00:12:17,880 Speaker 3: Mel So have you done this as well? Have you 272 00:12:17,920 --> 00:12:20,240 Speaker 3: called businesses? You always demand a better price? 273 00:12:20,920 --> 00:12:23,960 Speaker 2: Absolutely, And just like Kevin So, I'm a multimillionaire. I'm 274 00:12:24,000 --> 00:12:27,640 Speaker 2: financially independent, not as wealthy as mister Wonderful, but I 275 00:12:27,720 --> 00:12:30,960 Speaker 2: do all of these tips because one, I want to 276 00:12:31,000 --> 00:12:33,480 Speaker 2: invest in places like crypto, but I don't want to 277 00:12:33,480 --> 00:12:35,880 Speaker 2: spend my own money doing that because I consider it 278 00:12:35,920 --> 00:12:38,760 Speaker 2: a high risk investment, so it's a way to invest 279 00:12:38,840 --> 00:12:42,480 Speaker 2: for me without risking my own cash. Plus, there's a 280 00:12:42,640 --> 00:12:44,840 Speaker 2: lazy tax we pay, and I don't want to have 281 00:12:44,880 --> 00:12:48,320 Speaker 2: a leaky bucket anywhere. So I asked for better deals. 282 00:12:48,400 --> 00:12:51,920 Speaker 2: I negotiate my bills, I sign up to shop back. 283 00:12:52,000 --> 00:12:54,160 Speaker 2: I do all of these things I teach because it's 284 00:12:54,240 --> 00:12:55,040 Speaker 2: just smart money. 285 00:12:55,720 --> 00:13:00,520 Speaker 3: I cannot wait to finish this podcast and making money. 286 00:13:00,679 --> 00:13:02,960 Speaker 3: If you want more tips like that, go to Melissa 287 00:13:03,000 --> 00:13:05,240 Speaker 3: Brown dot com dot au and make sure you follow 288 00:13:05,280 --> 00:13:07,440 Speaker 3: mel on insta at mel Brown dot money. 289 00:13:07,440 --> 00:13:10,480 Speaker 2: Thank you remembering I have a fancy I'm a fancy Brown. 290 00:13:10,520 --> 00:13:11,520 Speaker 1: I've got an E on the end. 291 00:13:11,840 --> 00:13:15,760 Speaker 3: Yes, thank you so much for jumping on from the newsroom. 292 00:13:15,840 --> 00:13:16,640 Speaker 3: Really appreciate it. 293 00:13:16,800 --> 00:13:18,200 Speaker 1: You're so welcome. Nice to chat. 294 00:13:18,720 --> 00:13:20,720 Speaker 3: Now, If you'll excuse me, I'm off to call OPTSK 295 00:13:20,800 --> 00:13:22,720 Speaker 3: to get a better mobile deal. I'm gonna call Aussie 296 00:13:22,720 --> 00:13:25,320 Speaker 3: broadband too, my power company, my gas company. If my 297 00:13:25,400 --> 00:13:28,240 Speaker 3: boss is listening, I demand to pay rise. That was 298 00:13:28,240 --> 00:13:30,440 Speaker 3: probably a bit too aggressive, wasn't it. I take that back, like, 299 00:13:30,480 --> 00:13:31,880 Speaker 3: I do want to pay rise, but I shouldn't have 300 00:13:31,920 --> 00:13:33,800 Speaker 3: been so aggressive. Oh my god, you're gonna sack me 301 00:13:33,840 --> 00:13:36,040 Speaker 3: out you. I love my job. I'll work for less. 302 00:13:37,040 --> 00:13:40,240 Speaker 2: Follow or subscribe to from the newsroom, wherever you get 303 00:13:40,280 --> 00:13:41,040 Speaker 2: your podcasts.