1 00:00:00,160 --> 00:00:03,480 Speaker 1: Still living in manually taking notes. There is a better 2 00:00:03,480 --> 00:00:05,560 Speaker 1: way to start the new year with auto dot ai 3 00:00:05,720 --> 00:00:09,040 Speaker 1: automatically get meeting notes. Auto dot ai works for virtual 4 00:00:09,039 --> 00:00:11,719 Speaker 1: meetings like Zoom, Microsoft Teams, and Google Meet. Sign up 5 00:00:11,720 --> 00:00:13,360 Speaker 1: on the web for free or download in the app 6 00:00:13,360 --> 00:00:15,960 Speaker 1: stores auto dot ai. That's O T T e r 7 00:00:16,120 --> 00:00:20,680 Speaker 1: dot Ai. This podcast is sponsored by Better Help Online Therapy. 8 00:00:20,800 --> 00:00:24,680 Speaker 1: I'm Michlene Maloof and I'm Nadiadesi, licensed therapists and hosts 9 00:00:24,680 --> 00:00:27,200 Speaker 1: of Getting Better Stories of Mental Health. Join us for 10 00:00:27,200 --> 00:00:30,560 Speaker 1: discussions with Megan Trainer, Chris Bosh, Rebel Wilson, and more, 11 00:00:30,680 --> 00:00:34,360 Speaker 1: from discussing motherhood to immigrating to general mental health. Our 12 00:00:34,440 --> 00:00:37,680 Speaker 1: guests are awe inspiring. We all struggle with the same things, 13 00:00:37,840 --> 00:00:40,600 Speaker 1: so let's talk about it and de stigmatize them. Find 14 00:00:40,640 --> 00:00:43,839 Speaker 1: our new podcast, Getting Better Stories of Mental Health on 15 00:00:43,880 --> 00:00:49,960 Speaker 1: iHeart Apple Podcasts and Spotify. Sticky notes, email alerts a 16 00:00:50,120 --> 00:00:53,640 Speaker 1: string around your finger. They're just not big enough. So 17 00:00:53,720 --> 00:00:56,280 Speaker 1: here's a big reminder from the California Lottery. Tomorrow's Mega 18 00:00:56,280 --> 00:00:59,920 Speaker 1: millions jack potties over three million play now. Please players, 19 00:01:00,000 --> 00:01:02,080 Speaker 1: It's Belie. Must be eighteen years older to purchase player planing. 20 00:01:09,200 --> 00:01:11,920 Speaker 1: That's right, that's it's that time. Y'all. Welcome to Money 21 00:01:11,959 --> 00:01:15,119 Speaker 1: Making Conversations. I'm your host, ras Sean McDonald. Each Money 22 00:01:15,120 --> 00:01:18,880 Speaker 1: Making Conversations talk shows about entrepreneurship and entertainment, I provide 23 00:01:18,920 --> 00:01:22,760 Speaker 1: to consume wearing business owner access to celebrities, CEOs, entrepreneurs 24 00:01:22,760 --> 00:01:26,360 Speaker 1: and industry decision makers. It's important to understand that everybody 25 00:01:26,400 --> 00:01:29,560 Speaker 1: travels a different path to success. That's because your brain 26 00:01:29,680 --> 00:01:32,280 Speaker 1: is different, the challenges you're facing your life are different. 27 00:01:32,520 --> 00:01:35,400 Speaker 1: So stop reading other people's success stories and start writing 28 00:01:35,440 --> 00:01:38,320 Speaker 1: your own. Now. You can be motivated by their success 29 00:01:38,360 --> 00:01:41,760 Speaker 1: because their stories can offer direction and help you reach 30 00:01:41,800 --> 00:01:44,959 Speaker 1: your goals through your planning and through your committed effort. 31 00:01:45,560 --> 00:01:48,280 Speaker 1: My information that I am getting from my guests on 32 00:01:48,360 --> 00:01:51,240 Speaker 1: Money Making Conversations have that same passion, and they share 33 00:01:51,280 --> 00:01:54,600 Speaker 1: their information when we talk about their career motivation, what 34 00:01:54,680 --> 00:01:59,040 Speaker 1: they're promoting, and how they live a balance life, ultimately 35 00:01:59,160 --> 00:02:02,920 Speaker 1: sharing to all of us their secrets to success. The 36 00:02:02,920 --> 00:02:05,440 Speaker 1: thing about social media and the power of social media 37 00:02:05,520 --> 00:02:08,200 Speaker 1: is the relationship that I created with my next guests. 38 00:02:08,840 --> 00:02:11,600 Speaker 1: We we communicate through LinkedIn. Micdund is one of my 39 00:02:11,639 --> 00:02:14,919 Speaker 1: favorite formats that I use on the regular basis. Um, 40 00:02:15,120 --> 00:02:18,800 Speaker 1: my next caller is calling from Australia. She recently was 41 00:02:18,840 --> 00:02:23,680 Speaker 1: featured in The Herald Sun, the Sydney Morning Herald, Domain Property, 42 00:02:23,960 --> 00:02:30,560 Speaker 1: the Property Investor magazine, Smart Investor, the Australia newspaper, Money 43 00:02:30,600 --> 00:02:34,600 Speaker 1: Magazine and many other publications. She's an official advocate for 44 00:02:34,680 --> 00:02:38,040 Speaker 1: White Ribbon. In this role, she speaks to men nationally 45 00:02:38,360 --> 00:02:41,360 Speaker 1: the champion Change for the prevention of violence against women 46 00:02:41,360 --> 00:02:44,880 Speaker 1: and children. Her overall mission is to bring financial literacy 47 00:02:44,960 --> 00:02:47,840 Speaker 1: to every woman in Australia and they hope that they 48 00:02:47,880 --> 00:02:53,040 Speaker 1: will step into their rightful birthright of abundance and economic empowerment. 49 00:02:53,360 --> 00:02:57,040 Speaker 1: Please welcome to Money Making Conversations from Australia. Marry and May. 50 00:02:57,400 --> 00:03:02,919 Speaker 1: Good morning. Well it's afternoon where we are, and so 51 00:03:05,639 --> 00:03:09,320 Speaker 1: I'm feeling really good about the opportunities that we're having 52 00:03:09,360 --> 00:03:12,560 Speaker 1: on the air right now, and so tell us about Okay, 53 00:03:12,560 --> 00:03:14,480 Speaker 1: first of all, I'm calling Australia. The big news in 54 00:03:14,520 --> 00:03:18,280 Speaker 1: Australia have been the fires in Australia right there. It's 55 00:03:18,320 --> 00:03:21,280 Speaker 1: dominated the news to my understanding that they're they're starting 56 00:03:21,320 --> 00:03:25,800 Speaker 1: to calm down, correct, correct, So, um we I'm in 57 00:03:25,919 --> 00:03:29,520 Speaker 1: Melbourne Australia in the state of Victoria and for the 58 00:03:29,520 --> 00:03:32,840 Speaker 1: first time ever we were declared a state of emergency 59 00:03:33,400 --> 00:03:36,880 Speaker 1: that was pushed through Parliament and government. Um. Yeah, it's 60 00:03:36,920 --> 00:03:41,200 Speaker 1: dominated the news and it's affected as you've read our 61 00:03:41,240 --> 00:03:46,240 Speaker 1: wildlife and not only people, um, but we had unexpected 62 00:03:46,320 --> 00:03:52,640 Speaker 1: reigns helped the situation and things have definitely um decreased 63 00:03:52,760 --> 00:03:56,440 Speaker 1: in terms of the spread of fire. So it's great news. Well, 64 00:03:56,480 --> 00:03:59,040 Speaker 1: you know, it's really uh it's said that that could 65 00:03:59,040 --> 00:04:02,320 Speaker 1: dominate news because you wanted to dominate the movie because basically, 66 00:04:03,120 --> 00:04:08,040 Speaker 1: when nature gets abused in that manner, we uh well 67 00:04:08,160 --> 00:04:11,200 Speaker 1: we find out how helpless we are. Okay, Uh, there's 68 00:04:11,200 --> 00:04:14,400 Speaker 1: no magic switches you can drop and it stops and 69 00:04:14,440 --> 00:04:17,320 Speaker 1: so but the helpless part about it is the is 70 00:04:17,360 --> 00:04:21,600 Speaker 1: the devastation to the wildlife. You know that that has 71 00:04:21,640 --> 00:04:25,640 Speaker 1: been that has been the I mean, uh, just just hunger. 72 00:04:26,279 --> 00:04:29,520 Speaker 1: While animals coming up because they're hungry. You know, they 73 00:04:29,520 --> 00:04:34,440 Speaker 1: would normally not come to two civilians because they thirsty 74 00:04:34,160 --> 00:04:36,360 Speaker 1: and they need some form of nourishment and when they 75 00:04:36,400 --> 00:04:39,640 Speaker 1: try to uh take care of when they die anyway, 76 00:04:39,680 --> 00:04:42,520 Speaker 1: So when you when you read about this that's going 77 00:04:42,560 --> 00:04:44,400 Speaker 1: on and I'm reading about it because it's part of 78 00:04:44,440 --> 00:04:47,640 Speaker 1: being an entrepreneur because this effects business is fixed. Tourism 79 00:04:47,680 --> 00:04:50,600 Speaker 1: is affects so many ways. It fixed housing, the effects 80 00:04:50,600 --> 00:04:52,640 Speaker 1: of our people look at things because they redirect their 81 00:04:52,640 --> 00:04:56,240 Speaker 1: funds someplace else, and it can almost halt an economic 82 00:04:56,920 --> 00:04:59,799 Speaker 1: growth process in a country and especially in a city. 83 00:05:00,240 --> 00:05:03,360 Speaker 1: So where are you guys at right now? Is financial 84 00:05:03,600 --> 00:05:09,320 Speaker 1: from an economic standpoint in Melbourne in Australia. Well, Melbourne 85 00:05:09,400 --> 00:05:12,200 Speaker 1: is a really robust you know where we're a major city, 86 00:05:12,520 --> 00:05:15,359 Speaker 1: just like Sydney, Australia. Um. But we you know, we 87 00:05:15,440 --> 00:05:18,159 Speaker 1: always have this rivalry going on with Sydney. Things that 88 00:05:18,200 --> 00:05:22,520 Speaker 1: we're better, um. And Melbourne is forecast to be the 89 00:05:22,520 --> 00:05:25,520 Speaker 1: biggest and the strongest city over the course of the 90 00:05:25,560 --> 00:05:29,240 Speaker 1: next decade. Our economy is robust and strong. But of 91 00:05:29,279 --> 00:05:33,080 Speaker 1: course these regional areas that were now referring to where 92 00:05:33,120 --> 00:05:38,280 Speaker 1: we had in excessive sixteen fires, um. There they're local 93 00:05:38,360 --> 00:05:42,680 Speaker 1: regional economy, so they rely heavily on tourism, spend to 94 00:05:42,720 --> 00:05:46,160 Speaker 1: stay afloat um. But as far as the city of Melbourne, 95 00:05:46,279 --> 00:05:51,200 Speaker 1: Australia goes, where a robust, strong, dynamic economy. Now, your company, 96 00:05:51,279 --> 00:05:53,719 Speaker 1: let's go personally start talking about you, because I wanted 97 00:05:53,720 --> 00:05:57,080 Speaker 1: to bring your brand awareness. But I would have been 98 00:05:57,120 --> 00:06:00,520 Speaker 1: remissed to speak to somebody from Australia and not get 99 00:06:00,520 --> 00:06:03,320 Speaker 1: an update. I know them in the first time. Shana, 100 00:06:03,560 --> 00:06:05,800 Speaker 1: you know your hat are on the phone. You can 101 00:06:05,839 --> 00:06:09,360 Speaker 1: say nothing like that. And so we've spoken about that. 102 00:06:09,640 --> 00:06:12,360 Speaker 1: Now let's talk about you because of effects a lot 103 00:06:12,360 --> 00:06:14,560 Speaker 1: of things that are going on, your passion, your your 104 00:06:14,560 --> 00:06:17,640 Speaker 1: mission statements. Now the name of your company. The first 105 00:06:17,720 --> 00:06:21,000 Speaker 1: name is your mother's name, and your lad the last 106 00:06:21,400 --> 00:06:24,160 Speaker 1: also the last name of your father. Explain, give us 107 00:06:24,160 --> 00:06:25,760 Speaker 1: your name of the company. I mean, why did you 108 00:06:25,800 --> 00:06:30,559 Speaker 1: do that? So the company name is called Failure Stanley Group. 109 00:06:30,920 --> 00:06:34,880 Speaker 1: And essentially, when I was in my early twenties and 110 00:06:34,920 --> 00:06:39,560 Speaker 1: starting my business career, unexpectedly I lost both of my 111 00:06:39,640 --> 00:06:43,599 Speaker 1: parents in my early twenties, and when I created this 112 00:06:43,680 --> 00:06:47,440 Speaker 1: business model, I wanted it to embody the spirit of 113 00:06:47,480 --> 00:06:50,560 Speaker 1: both my mother and father because I intend to leave 114 00:06:50,640 --> 00:06:54,320 Speaker 1: a very big legacy in terms of bringing financial literacy 115 00:06:54,360 --> 00:06:58,480 Speaker 1: to all women and all girls across Australia. So when 116 00:06:58,520 --> 00:07:00,800 Speaker 1: we were sitting down and decide on a name, and 117 00:07:00,839 --> 00:07:04,920 Speaker 1: the marketing people had all the ideas or great ideas. UM. 118 00:07:04,960 --> 00:07:08,920 Speaker 1: I just knew that Silius Dammy was what UM I 119 00:07:08,960 --> 00:07:11,480 Speaker 1: wanted to embody and that was the qualities and the 120 00:07:11,560 --> 00:07:14,960 Speaker 1: values and the characteristics of both my parents and doing 121 00:07:14,960 --> 00:07:18,920 Speaker 1: this work that means it's a passion. So I also 122 00:07:18,960 --> 00:07:22,080 Speaker 1: read that you're you're champion for a shigning spotlight on 123 00:07:22,160 --> 00:07:27,320 Speaker 1: the homelessness in Austria. Yes, I am UM. We have 124 00:07:27,880 --> 00:07:31,880 Speaker 1: not like any other UM western country around the world, 125 00:07:32,600 --> 00:07:36,400 Speaker 1: homeless epidemic here in Australia, and in fact, women over 126 00:07:36,440 --> 00:07:40,280 Speaker 1: the age of fifty five are our fastest growing demographic 127 00:07:40,320 --> 00:07:44,560 Speaker 1: of homelessness in this country. UM. Last year, late last year, 128 00:07:44,600 --> 00:07:49,640 Speaker 1: I was officially appointed as an ambassador for the international 129 00:07:49,760 --> 00:07:53,920 Speaker 1: organization Saint Vincent de Paul's Society UM. And every year 130 00:07:54,040 --> 00:07:57,679 Speaker 1: we have what's called a CEO sleeper where the heads 131 00:07:57,720 --> 00:08:01,600 Speaker 1: of major corporations sleep out on the street to raise 132 00:08:01,680 --> 00:08:06,000 Speaker 1: money for homelessness UM and we raise substantial money, like 133 00:08:06,040 --> 00:08:09,040 Speaker 1: in the tens of men and so UM. For the 134 00:08:09,120 --> 00:08:12,360 Speaker 1: last three years I've done that CEO sleep out and 135 00:08:12,440 --> 00:08:16,400 Speaker 1: raise money for homelessness. And then last year the organization 136 00:08:16,600 --> 00:08:19,960 Speaker 1: offered me a position as an official ambassador UM and 137 00:08:20,360 --> 00:08:23,560 Speaker 1: some of the work that I do directly relates to 138 00:08:23,640 --> 00:08:28,960 Speaker 1: trying to prevent women over fifty becoming homeless. Now, when 139 00:08:29,080 --> 00:08:30,920 Speaker 1: is that done? Do you as it just wrapped? The 140 00:08:31,040 --> 00:08:34,160 Speaker 1: third the water sleep out for the CEOs, has that wrapped? 141 00:08:34,280 --> 00:08:36,679 Speaker 1: Has it? What? Sorry? Have you completed it already or 142 00:08:36,760 --> 00:08:39,079 Speaker 1: is it coming up? So what happens is yes, So 143 00:08:39,160 --> 00:08:41,240 Speaker 1: we do it every year and in the middle of winter. 144 00:08:41,280 --> 00:08:44,160 Speaker 1: They picked the absolute coldest, wettest day and that's the 145 00:08:44,280 --> 00:08:46,920 Speaker 1: day that we sleep out. So that's coming up in 146 00:08:47,559 --> 00:08:50,760 Speaker 1: um I think June or July, so a little while 147 00:08:50,800 --> 00:08:54,120 Speaker 1: to go, and we do it in the middle of 148 00:08:54,160 --> 00:08:56,600 Speaker 1: winter to get appreciation of what it must be like 149 00:08:56,800 --> 00:08:59,440 Speaker 1: for somebody to be displaced and homeless, living on the 150 00:08:59,480 --> 00:09:02,000 Speaker 1: street and in those conditions. So I will tell you 151 00:09:02,040 --> 00:09:06,240 Speaker 1: this mismays our relationship is not a one off and 152 00:09:06,320 --> 00:09:08,440 Speaker 1: so I want to be a part of that as 153 00:09:08,520 --> 00:09:10,960 Speaker 1: far as information, so I can promote it on my 154 00:09:11,080 --> 00:09:15,119 Speaker 1: social media and make it make it more of a 155 00:09:15,200 --> 00:09:17,719 Speaker 1: the Nined States aware of it. It becomes an international 156 00:09:17,720 --> 00:09:19,960 Speaker 1: event because it sounds pretty amazing. It sounds like something 157 00:09:19,960 --> 00:09:23,000 Speaker 1: we should be doing over here. We do it in 158 00:09:23,080 --> 00:09:26,240 Speaker 1: every state across Australia, so CEOs from all the major 159 00:09:26,320 --> 00:09:29,600 Speaker 1: organizations come together for one night in every state across 160 00:09:29,640 --> 00:09:32,880 Speaker 1: Australia and we all do the sleep out individually in 161 00:09:32,920 --> 00:09:35,439 Speaker 1: each date. I think this year it's going to be 162 00:09:35,480 --> 00:09:38,400 Speaker 1: even more important for us because we have the devastation 163 00:09:38,480 --> 00:09:41,880 Speaker 1: of the fires um which is which has displaced so 164 00:09:41,960 --> 00:09:44,480 Speaker 1: many people, like so many people have obviously lost their 165 00:09:44,520 --> 00:09:48,400 Speaker 1: homes um. So this year our efforts are going to 166 00:09:48,480 --> 00:09:50,400 Speaker 1: be even stronger and the event is going to be 167 00:09:50,440 --> 00:09:53,520 Speaker 1: even more important for us. Well. Again, everything that you're 168 00:09:53,520 --> 00:09:56,160 Speaker 1: doing is derived through your passion. What do Because you 169 00:09:56,200 --> 00:09:58,600 Speaker 1: say you lost your parents at an early age, what 170 00:09:59,559 --> 00:10:02,839 Speaker 1: the day created was the passion built through your relationship 171 00:10:02,880 --> 00:10:05,559 Speaker 1: with your parents or after they left your life you 172 00:10:05,800 --> 00:10:10,040 Speaker 1: fouled your passion. No, I think at a very early age, 173 00:10:10,080 --> 00:10:13,040 Speaker 1: I always knew that I had a calling to be 174 00:10:13,160 --> 00:10:15,880 Speaker 1: in service and to help others, and that was innate 175 00:10:16,000 --> 00:10:19,439 Speaker 1: in me as a child. I remember like taking personal 176 00:10:19,480 --> 00:10:21,720 Speaker 1: items from my parents home and giving them away to 177 00:10:21,760 --> 00:10:24,400 Speaker 1: people who I thought were poorer than us, and my 178 00:10:24,480 --> 00:10:27,640 Speaker 1: parents saying like, you know, what what are you doing? Like? 179 00:10:27,880 --> 00:10:30,120 Speaker 1: I don't know. I thought I thought they needed the 180 00:10:30,200 --> 00:10:32,160 Speaker 1: hand more than we did, or I thought they needed 181 00:10:32,160 --> 00:10:34,800 Speaker 1: the clothing more than we did, so it was always 182 00:10:34,840 --> 00:10:38,040 Speaker 1: innate in me. UM. When my parents passed away in 183 00:10:38,080 --> 00:10:41,360 Speaker 1: my early twenties, obviously I had to you know, I 184 00:10:41,400 --> 00:10:45,400 Speaker 1: was literally offriend and I had to economically be able 185 00:10:45,440 --> 00:10:50,600 Speaker 1: to survive and thrive and UM. And that led me 186 00:10:50,679 --> 00:10:54,040 Speaker 1: into a really tenacious work ethic of understanding that I'm 187 00:10:54,080 --> 00:10:55,720 Speaker 1: on my own and I've really got to work to 188 00:10:55,760 --> 00:10:58,480 Speaker 1: make it here. And then of course vehicle has become 189 00:10:58,480 --> 00:11:01,960 Speaker 1: the vehicle for me to UM really have such great 190 00:11:02,000 --> 00:11:05,000 Speaker 1: success in the work that I do and service, serving 191 00:11:05,040 --> 00:11:08,640 Speaker 1: and helping others UM. And I think success break success 192 00:11:08,720 --> 00:11:10,600 Speaker 1: like the more work that I do and the more 193 00:11:10,640 --> 00:11:14,479 Speaker 1: women that I serve and the more people that I help, UM, 194 00:11:14,520 --> 00:11:17,400 Speaker 1: the more opportunities seem to appear to be able to 195 00:11:17,440 --> 00:11:20,120 Speaker 1: do this work. I as you this because you know, 196 00:11:20,160 --> 00:11:22,520 Speaker 1: I have to listen to. One of the qualities that 197 00:11:22,640 --> 00:11:24,600 Speaker 1: try to break to my show is just we're just 198 00:11:24,679 --> 00:11:27,520 Speaker 1: in conversation, and in conversation you tend to sit back 199 00:11:27,559 --> 00:11:30,319 Speaker 1: and listen to your guests, and when I listen to you, 200 00:11:30,320 --> 00:11:33,960 Speaker 1: you know, it's just it just seems like you give 201 00:11:34,040 --> 00:11:37,680 Speaker 1: so much of your time. Do you have time for yourself? 202 00:11:37,720 --> 00:11:40,000 Speaker 1: If anybody ever asked you that question, what do you 203 00:11:40,080 --> 00:11:43,880 Speaker 1: what did you give back to you? Miss Mays? Yeah, 204 00:11:44,000 --> 00:11:47,120 Speaker 1: I do. I actually live a really amazing life by design. 205 00:11:47,200 --> 00:11:50,320 Speaker 1: I have organized my work in a way that I'm 206 00:11:50,360 --> 00:11:53,120 Speaker 1: able to live a really great quality of life. I 207 00:11:53,200 --> 00:11:56,360 Speaker 1: have a twelve year old Somerset. You're sitting beside me 208 00:11:56,520 --> 00:12:00,280 Speaker 1: right now, and after we finished this in to view, 209 00:12:00,320 --> 00:12:02,520 Speaker 1: were about to go on to a construction site and 210 00:12:02,559 --> 00:12:06,800 Speaker 1: show a woman of property. UM. I do live in service, 211 00:12:07,040 --> 00:12:10,320 Speaker 1: but I found a way to you know, like people 212 00:12:10,360 --> 00:12:12,839 Speaker 1: have this distinction, Ah, this is my work and then 213 00:12:12,880 --> 00:12:17,040 Speaker 1: separate this is my life. UM. I have that distinction too, 214 00:12:17,080 --> 00:12:20,040 Speaker 1: but I found a way to make the two marry together. 215 00:12:20,679 --> 00:12:23,880 Speaker 1: And when I spend time with my clients, it's just 216 00:12:24,040 --> 00:12:26,920 Speaker 1: as pleasant as spending time with people in my personal life. 217 00:12:27,600 --> 00:12:30,040 Speaker 1: But I do live a life by design, and I 218 00:12:30,080 --> 00:12:32,600 Speaker 1: believe in self care and I try to model self 219 00:12:32,640 --> 00:12:35,719 Speaker 1: care for my son. I mean, obviously having parents who 220 00:12:35,760 --> 00:12:38,480 Speaker 1: both passed away at fifty nine is incentive for me 221 00:12:38,600 --> 00:12:42,760 Speaker 1: to really have a high level of self care. UM. 222 00:12:42,960 --> 00:12:45,400 Speaker 1: So yes I do I have. UM, I have lots 223 00:12:45,400 --> 00:12:49,599 Speaker 1: of great quality personal time, particularly with my son. UM. 224 00:12:49,720 --> 00:12:52,160 Speaker 1: But I'm very dedicated to the work because there's just 225 00:12:52,200 --> 00:12:54,920 Speaker 1: so much work to be done in here in Australia, 226 00:12:55,880 --> 00:12:58,839 Speaker 1: a financial literacy for women. Because people they say that 227 00:12:58,920 --> 00:13:01,760 Speaker 1: about me, So it's not nothing, no, you know that, 228 00:13:01,880 --> 00:13:03,880 Speaker 1: I just throwing it back at you because I love 229 00:13:03,920 --> 00:13:06,720 Speaker 1: what I do. I love that. You know people, what 230 00:13:06,720 --> 00:13:08,080 Speaker 1: time you go to bed? I said, you look at 231 00:13:08,120 --> 00:13:11,559 Speaker 1: by midnight? What time you get up? A four o'clock? God, 232 00:13:11,920 --> 00:13:14,000 Speaker 1: what what do you know? You're gonna worry? You know? 233 00:13:14,120 --> 00:13:15,760 Speaker 1: Because I love what I do, and in fact, I'll 234 00:13:15,760 --> 00:13:17,360 Speaker 1: tell people all time. If I could figure out a 235 00:13:17,360 --> 00:13:20,200 Speaker 1: way not to go to sleep, I'd be happy. That 236 00:13:20,240 --> 00:13:22,920 Speaker 1: means I would just be constantly just doing things that 237 00:13:23,000 --> 00:13:26,400 Speaker 1: I love to do. But unfortunately I have stayed up 238 00:13:26,440 --> 00:13:29,120 Speaker 1: at the most I think about fifty four hours in 239 00:13:29,440 --> 00:13:33,040 Speaker 1: a row, and I was vibrating. I was I was 240 00:13:33,120 --> 00:13:36,959 Speaker 1: literally just shake you and finding My wife said, you 241 00:13:37,040 --> 00:13:39,560 Speaker 1: just stop, you need to stop, okay I And I 242 00:13:39,679 --> 00:13:42,040 Speaker 1: say that because of the fact that if you're passionate 243 00:13:42,080 --> 00:13:44,760 Speaker 1: about something, if you're driven by something, whether you might 244 00:13:44,760 --> 00:13:47,160 Speaker 1: consider it work if you can do if it's a passion, 245 00:13:47,240 --> 00:13:50,240 Speaker 1: it's considered something that you've been blessed to deliver it 246 00:13:50,240 --> 00:13:53,240 Speaker 1: to somebody. It's something to make somebody's life better. And 247 00:13:53,280 --> 00:13:55,600 Speaker 1: that seems like you said, that's your calling, that's you've 248 00:13:55,640 --> 00:13:57,920 Speaker 1: been called to do. That's just it's almost like a 249 00:13:57,960 --> 00:14:00,679 Speaker 1: minister being called to the altar to preach. But you're 250 00:14:00,760 --> 00:14:04,360 Speaker 1: called to the altar to make change, to create a 251 00:14:04,400 --> 00:14:06,840 Speaker 1: more positive life because you have a positive life. And 252 00:14:06,880 --> 00:14:09,400 Speaker 1: that's called helping someone to have a better life than 253 00:14:09,400 --> 00:14:11,319 Speaker 1: yourpe than you. I see you understood that at the 254 00:14:11,400 --> 00:14:13,640 Speaker 1: very early age. I didn't understand that until I got 255 00:14:13,679 --> 00:14:16,640 Speaker 1: older that you know that I could, I could share 256 00:14:16,679 --> 00:14:19,200 Speaker 1: that I could that I could actually help you. For 257 00:14:19,240 --> 00:14:21,440 Speaker 1: some reason in your brain clicked that you know something. 258 00:14:21,720 --> 00:14:24,520 Speaker 1: I don't really need this, but you've probably needed more. 259 00:14:24,680 --> 00:14:28,320 Speaker 1: So here and your parents are looking like, hey, you 260 00:14:28,360 --> 00:14:30,880 Speaker 1: gotta watch her block everything down. She's gonna give. She's 261 00:14:30,880 --> 00:14:35,480 Speaker 1: gonna give everything the way you were first rate. My 262 00:14:35,480 --> 00:14:40,080 Speaker 1: mother's nightgown, our hands for the family, clothing, our food. 263 00:14:40,240 --> 00:14:43,560 Speaker 1: All the time, I would just get out stuff and say, actually, 264 00:14:43,640 --> 00:14:45,400 Speaker 1: I would tell them that my parents told me to 265 00:14:45,400 --> 00:14:48,440 Speaker 1: give it to them, which wasn't accurate at the time, 266 00:14:48,480 --> 00:14:53,760 Speaker 1: but I love it. If you're talking with Mary and 267 00:14:53,840 --> 00:14:56,720 Speaker 1: May's from Australia. We'll be right back with more money 268 00:14:56,760 --> 00:15:00,240 Speaker 1: making conversations. Fantastic. She's a she's a friend that I've 269 00:15:00,280 --> 00:15:04,080 Speaker 1: discovered on LinkedIn and she's a friend for life. She says, no, 270 00:15:04,320 --> 00:15:06,040 Speaker 1: she don't. She got shot in your life. I might 271 00:15:06,040 --> 00:15:08,720 Speaker 1: show up on our Doorstown, I might be at the 272 00:15:08,760 --> 00:15:11,760 Speaker 1: CEO sleep Out, the one to sleep on June. You 273 00:15:11,760 --> 00:15:13,840 Speaker 1: know me, I'm crazy like that. We'll be right back 274 00:15:13,920 --> 00:15:17,160 Speaker 1: with more from Marsa McDonald and money making conversations. Don't 275 00:15:17,160 --> 00:15:20,960 Speaker 1: touch that down. It's finally here, the season of celebration, 276 00:15:21,200 --> 00:15:23,880 Speaker 1: and no matter how you celebrate with family and friends, 277 00:15:24,040 --> 00:15:27,960 Speaker 1: whether you're preparing for reys magos or Karamu lighting the Manura, 278 00:15:28,200 --> 00:15:31,240 Speaker 1: are going to midnight mass, Coals has just what you 279 00:15:31,280 --> 00:15:35,120 Speaker 1: need to make those traditions special. Plus you'll find gifts 280 00:15:35,160 --> 00:15:38,440 Speaker 1: for all your loved ones. Send warm wishes with Cozy 281 00:15:38,480 --> 00:15:43,040 Speaker 1: Fleece's sweaters, loungeware, blankets and throws. Support minority owned or 282 00:15:43,120 --> 00:15:47,080 Speaker 1: founded brands by giving gifts from Human Nation and Shame Moisture, 283 00:15:47,400 --> 00:15:50,320 Speaker 1: or treat them to everyone's favorite active wear from top 284 00:15:50,360 --> 00:15:53,960 Speaker 1: brands like Nike, Adidas and under Armor. And in the 285 00:15:54,040 --> 00:15:57,840 Speaker 1: spirit of giving Coals Cares is donating eight million dollars 286 00:15:57,880 --> 00:16:01,480 Speaker 1: to local nonprofits nationwidemitted to the health and well being 287 00:16:01,560 --> 00:16:04,840 Speaker 1: of our communities. No matter how you celebrate, when you 288 00:16:04,960 --> 00:16:08,840 Speaker 1: shop at Coals, you're right where you belong. So this season, 289 00:16:09,120 --> 00:16:11,920 Speaker 1: give with all your heart with great gifts from Coals 290 00:16:12,040 --> 00:16:15,200 Speaker 1: or coals dot com. Whether your event needed one room 291 00:16:15,400 --> 00:16:19,080 Speaker 1: or an entire conference center, hoppin has revolutionized the way 292 00:16:19,120 --> 00:16:22,120 Speaker 1: people come together. 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Sign up for free at auto dit 308 00:17:09,920 --> 00:17:12,720 Speaker 1: ai or download the app for free auto dot Ai. 309 00:17:12,880 --> 00:17:15,800 Speaker 1: That's O T T E R. Dot Ai. Money Making 310 00:17:15,800 --> 00:17:20,800 Speaker 1: Conversations continues online at www. Dot money Making Conversations dot 311 00:17:20,800 --> 00:17:25,840 Speaker 1: com and follow money Making Conversations on Facebook, Twitter, and Instagram. 312 00:17:26,000 --> 00:17:28,439 Speaker 1: Ladies and gentlemen, it's time you stop thinking about your 313 00:17:28,520 --> 00:17:36,480 Speaker 1: dreams and put some plans into action. Hi, this is 314 00:17:36,560 --> 00:17:39,679 Speaker 1: Roshan mcgonald and you're listening to money Making Conversation. My 315 00:17:39,760 --> 00:17:41,800 Speaker 1: guess is alive on the phone. It's in the morning. 316 00:17:41,960 --> 00:17:47,040 Speaker 1: Where she's at uh in Australia. Mailborn Australia. No, I 317 00:17:47,040 --> 00:17:49,840 Speaker 1: have that I have to change my after articulating in 318 00:17:49,840 --> 00:17:52,280 Speaker 1: a different way when you say Australia, because the law 319 00:17:52,359 --> 00:17:54,320 Speaker 1: knows if I was in Houston Teka, I said Australia. 320 00:17:54,920 --> 00:17:56,760 Speaker 1: I just mess it all up. But Mary and May 321 00:17:56,840 --> 00:17:58,439 Speaker 1: she's on the phone. And one of the things that 322 00:17:58,520 --> 00:18:01,280 Speaker 1: drew my created with relationship that I have with her, 323 00:18:01,359 --> 00:18:04,159 Speaker 1: it was through linked There was that her passion, especially 324 00:18:04,160 --> 00:18:07,840 Speaker 1: a passion for the education of women through financial literacy. 325 00:18:08,160 --> 00:18:10,560 Speaker 1: And one of the things that you read. I actually 326 00:18:10,560 --> 00:18:12,639 Speaker 1: clipped out one of her posts and just pasted over 327 00:18:12,640 --> 00:18:15,520 Speaker 1: there when she wrote about, in my direct experience, more 328 00:18:15,520 --> 00:18:18,200 Speaker 1: than ninty percent of women I encounter in my work 329 00:18:18,480 --> 00:18:24,000 Speaker 1: do not have a current wheel. H yeah, yeah, absolutely, 330 00:18:24,080 --> 00:18:26,800 Speaker 1: So I'll just set the thing for you guys over 331 00:18:26,840 --> 00:18:30,960 Speaker 1: there in terms of what is the climate, the economic 332 00:18:31,000 --> 00:18:33,600 Speaker 1: climate here in Australia. So you know, we have the 333 00:18:33,640 --> 00:18:36,880 Speaker 1: gender pay gap that's real in Australia for women. UM. 334 00:18:37,000 --> 00:18:40,800 Speaker 1: We also have UM, we don't have financial literacy as 335 00:18:40,880 --> 00:18:44,239 Speaker 1: part of our national academic framework in Australia. So what 336 00:18:44,280 --> 00:18:47,520 Speaker 1: I mean by that is financial literacy is not taught 337 00:18:47,880 --> 00:18:51,120 Speaker 1: in primary schools or high schools or college over here. 338 00:18:51,800 --> 00:18:55,119 Speaker 1: So as a result of that, we have successful women, 339 00:18:55,359 --> 00:18:58,440 Speaker 1: you know, who work and have professional careers um and 340 00:18:58,480 --> 00:19:03,359 Speaker 1: earn money, but they don't necessarily have financial literacy UM. 341 00:19:03,440 --> 00:19:05,879 Speaker 1: And so I run live events across the country in 342 00:19:05,960 --> 00:19:09,320 Speaker 1: Melbourne and Sydney and up North UM. And every time 343 00:19:09,359 --> 00:19:11,840 Speaker 1: I run an event, one of the questions I ask 344 00:19:12,000 --> 00:19:13,680 Speaker 1: is for all the women in the room to raise 345 00:19:13,680 --> 00:19:16,439 Speaker 1: their hands to see if they've got a simple basic 346 00:19:16,520 --> 00:19:19,560 Speaker 1: thing like a will in place. Um. And those stacks 347 00:19:19,600 --> 00:19:22,280 Speaker 1: are pretty accurate, accurate. I always have a room full 348 00:19:22,320 --> 00:19:26,040 Speaker 1: of raised hands, um, with all of these women who 349 00:19:26,119 --> 00:19:29,520 Speaker 1: just don't even have a basic will in place. Now 350 00:19:29,720 --> 00:19:33,679 Speaker 1: because of that, what does that say about the education? 351 00:19:33,920 --> 00:19:36,000 Speaker 1: Is it needed? Because I'm not I'm not I'm not 352 00:19:36,000 --> 00:19:38,399 Speaker 1: going to speak in a like I know at all format, 353 00:19:38,440 --> 00:19:41,920 Speaker 1: so I kind of speak yeah yeah sure. So, UM well, 354 00:19:41,960 --> 00:19:45,080 Speaker 1: I think this is how I came to do this work. 355 00:19:45,160 --> 00:19:47,760 Speaker 1: So I used to work in financial services in a 356 00:19:47,800 --> 00:19:52,320 Speaker 1: corporate capacity, in an executive level capacity, and I saw 357 00:19:52,520 --> 00:19:55,600 Speaker 1: in our industry in Australia and the financial services industry, 358 00:19:55,640 --> 00:19:58,959 Speaker 1: we had all of these financial planners, but we also 359 00:19:59,359 --> 00:20:04,000 Speaker 1: start mountaineously. We also had statistics that said women are 360 00:20:04,119 --> 00:20:08,240 Speaker 1: the fifty five of the fastest growing demographic of homelessness, 361 00:20:08,280 --> 00:20:12,399 Speaker 1: and nobody, most women don't have financial literacy, regardless of 362 00:20:12,440 --> 00:20:16,680 Speaker 1: whether they have a college degree or not. Um, so yes, 363 00:20:16,760 --> 00:20:19,640 Speaker 1: it's needed. I mean it should be in our primary schools, 364 00:20:19,680 --> 00:20:22,960 Speaker 1: it should be in our secondary schools because it's as 365 00:20:23,000 --> 00:20:26,920 Speaker 1: fundamental and as basic as home economics like cooking. Um, 366 00:20:27,040 --> 00:20:29,320 Speaker 1: but we don't. We don't have it as a mandatory 367 00:20:29,359 --> 00:20:33,440 Speaker 1: subject in our education system. And so five years ago 368 00:20:33,480 --> 00:20:35,639 Speaker 1: I left the corporate world on a wing and a prayer, 369 00:20:35,960 --> 00:20:37,919 Speaker 1: and I said to all my colleagues, I'm going to 370 00:20:37,960 --> 00:20:41,440 Speaker 1: start a company based on financial literacy. And they all said, 371 00:20:41,640 --> 00:20:46,000 Speaker 1: you're crazy, mad, Um, there's no such thing as running 372 00:20:46,000 --> 00:20:49,920 Speaker 1: a company for financial literacy. You're going to be committing 373 00:20:49,960 --> 00:20:53,560 Speaker 1: commercial Um, you know, suicide. You shouldn't do this. And 374 00:20:54,160 --> 00:20:58,760 Speaker 1: five years later, Um, we've been successfully teaching women around 375 00:20:58,800 --> 00:21:03,160 Speaker 1: Australia financial literacy and there's a professional normal everyday women 376 00:21:03,240 --> 00:21:07,520 Speaker 1: like me. Right, Well, you know you left something that's 377 00:21:07,600 --> 00:21:10,040 Speaker 1: made sense to me. I left IBM to go be 378 00:21:10,119 --> 00:21:12,840 Speaker 1: a comedian. So you know, it was a lot of 379 00:21:12,880 --> 00:21:16,679 Speaker 1: people looked at me a little bit skeptical. You know, 380 00:21:17,840 --> 00:21:19,480 Speaker 1: at least you have a plan, at least at least 381 00:21:19,640 --> 00:21:22,680 Speaker 1: at least the word financial was in your departure title. 382 00:21:23,320 --> 00:21:28,520 Speaker 1: My title was comedian. Yeah. But but it's just as 383 00:21:28,560 --> 00:21:31,280 Speaker 1: crazy if you think about it, because my colleagues are like, 384 00:21:31,440 --> 00:21:35,080 Speaker 1: so you're gonna bring adults into a room, right into 385 00:21:35,080 --> 00:21:37,800 Speaker 1: a boardroom, into a boardroom, and then you gotta try 386 00:21:37,880 --> 00:21:41,080 Speaker 1: and tell adults they need to learn financial literacy, and 387 00:21:41,119 --> 00:21:43,760 Speaker 1: you want people to come voluntarily and pay for these 388 00:21:44,400 --> 00:21:46,840 Speaker 1: And I was like, yeah, that's the model. That's what 389 00:21:46,880 --> 00:21:49,520 Speaker 1: I'm gonna do. That's what I'm gonna do. I would 390 00:21:49,600 --> 00:21:51,919 Speaker 1: let them know they are stupid, and I actually make 391 00:21:52,000 --> 00:21:54,679 Speaker 1: them pay for it. That's what that's what That's what 392 00:21:54,720 --> 00:21:57,040 Speaker 1: you did. And you're you're successful at it. You know, 393 00:21:57,560 --> 00:21:59,840 Speaker 1: you almost have me about the Red and Bard ticket 394 00:21:59,880 --> 00:22:02,400 Speaker 1: for Australia for the Mouth of June. That's how good 395 00:22:02,440 --> 00:22:06,600 Speaker 1: you are. You have a skill. Mismays that that it 396 00:22:06,760 --> 00:22:09,520 Speaker 1: causes people to look at you and go where how 397 00:22:09,600 --> 00:22:13,520 Speaker 1: much when listen? Which is really gifted and you should 398 00:22:13,520 --> 00:22:15,880 Speaker 1: never walk away from that skill because it's a blessing. 399 00:22:16,160 --> 00:22:18,240 Speaker 1: And the fact that you're you're turning that skill into 400 00:22:18,320 --> 00:22:23,959 Speaker 1: trying to educate women who have a gender pay gap issue, 401 00:22:24,840 --> 00:22:29,440 Speaker 1: which you can have wheels, you should invest in property. 402 00:22:29,600 --> 00:22:34,840 Speaker 1: Let's talk about that because because it's not just in Australia, 403 00:22:34,920 --> 00:22:38,240 Speaker 1: it's it's in the Nited States. Okay, it's the same issue. 404 00:22:39,320 --> 00:22:43,320 Speaker 1: It's an epidemic. Yeah, it's a social epidemic across the 405 00:22:43,359 --> 00:22:45,760 Speaker 1: Western world. I think there's a few countries who have 406 00:22:45,840 --> 00:22:49,360 Speaker 1: found solutions. But right now as we speak, I'm outside 407 00:22:49,359 --> 00:22:52,080 Speaker 1: a construction site and I'm meeting a client in about 408 00:22:52,080 --> 00:22:55,760 Speaker 1: half an hour and just to share her story. She's 409 00:22:56,600 --> 00:23:00,480 Speaker 1: in her late forties and she doesn't have enough money 410 00:23:00,520 --> 00:23:03,080 Speaker 1: to retire. You know, we stay here in Australia. If 411 00:23:03,080 --> 00:23:06,639 Speaker 1: you want to live off you know, fifty Australian dollars 412 00:23:06,680 --> 00:23:09,240 Speaker 1: a year, you need about a million dollars invested in super. 413 00:23:09,400 --> 00:23:11,160 Speaker 1: Or if you want to live off a hundred thousand 414 00:23:11,200 --> 00:23:13,359 Speaker 1: a year, you need about two million dollars invested in 415 00:23:13,440 --> 00:23:17,800 Speaker 1: superannuation um. This woman doesn't have that. She's forty nine 416 00:23:17,840 --> 00:23:20,760 Speaker 1: years old, and so we're just about after this interview, 417 00:23:20,760 --> 00:23:23,280 Speaker 1: we're going to go onto a construction site and we're 418 00:23:23,280 --> 00:23:25,919 Speaker 1: going to view a property that she will potentially invest 419 00:23:25,960 --> 00:23:28,760 Speaker 1: in for the long term, so that when she is 420 00:23:28,800 --> 00:23:32,240 Speaker 1: sixty years of age um, she will have more money 421 00:23:32,320 --> 00:23:34,720 Speaker 1: than what she is presently on track to have just 422 00:23:34,840 --> 00:23:39,080 Speaker 1: in her superannuation alone. In Australia, basically our employers are 423 00:23:39,119 --> 00:23:42,320 Speaker 1: mandated to pay nine percent of your total salary into 424 00:23:42,359 --> 00:23:45,520 Speaker 1: a super retirement funds. But you can do that. You 425 00:23:45,520 --> 00:23:48,720 Speaker 1: can do the math. And this didn't start until quite 426 00:23:48,800 --> 00:23:50,600 Speaker 1: late for a lot of women. You can do the math. 427 00:23:51,480 --> 00:23:54,680 Speaker 1: Nine percent of and average shaller in Australia over their 428 00:23:54,680 --> 00:23:57,560 Speaker 1: working life is not going to be sufficient money to retire. 429 00:23:58,280 --> 00:24:02,840 Speaker 1: So UM, So I have started a campaign here in Australia. 430 00:24:02,880 --> 00:24:06,119 Speaker 1: We're just launching it this year. It's my new project. UM. 431 00:24:06,240 --> 00:24:09,320 Speaker 1: It's called Property for Women and the concept behind it 432 00:24:09,400 --> 00:24:13,160 Speaker 1: is that every single woman, regardless of her social background, 433 00:24:13,320 --> 00:24:18,600 Speaker 1: demographic status, religion, color, earning capacity, every single woman should 434 00:24:18,600 --> 00:24:21,280 Speaker 1: own one piece of real estate, one property in her 435 00:24:21,280 --> 00:24:24,040 Speaker 1: own name. UM. And that's a new project that we're 436 00:24:24,080 --> 00:24:28,360 Speaker 1: launching this year. So I'm really excited, UM. And their 437 00:24:28,480 --> 00:24:32,040 Speaker 1: spirit behind that is that to have one piece of 438 00:24:32,040 --> 00:24:34,639 Speaker 1: real estate in your own name in Australia means that 439 00:24:34,680 --> 00:24:37,760 Speaker 1: you can borrow money against it. Um, you'll always have 440 00:24:37,800 --> 00:24:40,640 Speaker 1: a roof over your head, you can rent it out 441 00:24:40,640 --> 00:24:43,360 Speaker 1: to earn an income. And it really is that preventative 442 00:24:43,400 --> 00:24:48,800 Speaker 1: tool to property and homelessness and even financial abuse, which 443 00:24:48,840 --> 00:24:53,280 Speaker 1: has become a big thing in recent years here in Australia. Absolutely, Now, okay, 444 00:24:53,320 --> 00:24:56,159 Speaker 1: I hear your tone, I hear your passion. Do you 445 00:24:56,200 --> 00:24:59,800 Speaker 1: have the naysayers out there, the male naysayers, you know, 446 00:25:00,119 --> 00:25:05,320 Speaker 1: they call you a rebel rouser? They trying well, yes, 447 00:25:05,760 --> 00:25:10,480 Speaker 1: for five years, really my whole industry because financial out 448 00:25:10,480 --> 00:25:13,119 Speaker 1: they're trying a smart enough down women trying a smart 449 00:25:13,160 --> 00:25:18,560 Speaker 1: en amount. Well, it's not really conducive to UM. It's 450 00:25:18,560 --> 00:25:21,280 Speaker 1: not really conducive for financial planners for me to be 451 00:25:21,440 --> 00:25:24,760 Speaker 1: educating women on financial matters. So yes, I mean, for 452 00:25:24,840 --> 00:25:29,280 Speaker 1: five years, I've not really been embraced by my original 453 00:25:29,320 --> 00:25:33,359 Speaker 1: industry UM. But last year I was very lucky that 454 00:25:33,480 --> 00:25:37,800 Speaker 1: kind of shifted. IM was the lucky recipient of UM, 455 00:25:37,800 --> 00:25:41,359 Speaker 1: a national, prestigious, national award in my industry, and for 456 00:25:41,400 --> 00:25:44,520 Speaker 1: the first time in five years, my work was really 457 00:25:44,560 --> 00:25:46,520 Speaker 1: in the legacy that I'm trying to create, was really 458 00:25:46,560 --> 00:25:50,200 Speaker 1: recognized UM. But I think my clients experienced it more 459 00:25:50,320 --> 00:25:53,760 Speaker 1: because really interesting, my clients tell me that when they 460 00:25:53,760 --> 00:25:56,480 Speaker 1: first meet me and they have low financial literacy, they 461 00:25:56,480 --> 00:25:59,480 Speaker 1: don't have much confidence, and then all of a sudden, 462 00:25:59,640 --> 00:26:02,879 Speaker 1: you know, within six months, they're investing in property and 463 00:26:02,920 --> 00:26:06,560 Speaker 1: they're saving money and they're buying shares. It's the people 464 00:26:06,560 --> 00:26:09,240 Speaker 1: around them, the men at work, the people in their life, 465 00:26:09,280 --> 00:26:11,520 Speaker 1: saying what are you doing? And they're saying, well, you know, 466 00:26:11,560 --> 00:26:14,119 Speaker 1: I met this woman and I'm doing this, and and 467 00:26:14,160 --> 00:26:16,399 Speaker 1: the skepticism kicks in and you know you should be 468 00:26:16,440 --> 00:26:20,120 Speaker 1: careful and you don't know what kind of investments you're 469 00:26:20,119 --> 00:26:24,480 Speaker 1: putting her into. And um so absolutely absolutely, and I 470 00:26:24,520 --> 00:26:27,439 Speaker 1: think we fear anything we don't really understand. But I 471 00:26:27,520 --> 00:26:30,520 Speaker 1: also think in this country is there's a conditioning and 472 00:26:30,560 --> 00:26:33,880 Speaker 1: a comfort. So I'll give you an example and maybe shocking, 473 00:26:33,920 --> 00:26:36,879 Speaker 1: but it's true. In Australia, the gender pay gap is 474 00:26:36,920 --> 00:26:40,359 Speaker 1: so real that in the financial services sector we have 475 00:26:40,480 --> 00:26:44,800 Speaker 1: the biggest gender pay caps across all professions. So for example, 476 00:26:44,840 --> 00:26:47,439 Speaker 1: if I was still working in corporate, I would be 477 00:26:47,520 --> 00:26:49,480 Speaker 1: doing the same job as a man, but I would 478 00:26:49,480 --> 00:26:53,040 Speaker 1: earn twenty five less than what he would. Sounds very 479 00:26:53,040 --> 00:26:57,480 Speaker 1: familiar over here, Okay, okay, just know that you're not 480 00:26:57,600 --> 00:27:00,480 Speaker 1: saying anything new in the United States. You know, my 481 00:27:00,480 --> 00:27:03,160 Speaker 1: my executive douss she's sitting over there next to me going, yes, 482 00:27:03,200 --> 00:27:08,680 Speaker 1: that's that's very very true, very true. So we say 483 00:27:08,760 --> 00:27:12,960 Speaker 1: property is the great equalizer to that because has no discrimination. 484 00:27:13,400 --> 00:27:15,760 Speaker 1: You know, if we can get women investing in property, 485 00:27:15,920 --> 00:27:19,640 Speaker 1: then we can close the well, you know, the thing 486 00:27:19,640 --> 00:27:21,480 Speaker 1: about it is that alright, First of all, I'm enjoying 487 00:27:21,520 --> 00:27:23,959 Speaker 1: this interview and thank you again for calling me from 488 00:27:24,000 --> 00:27:27,920 Speaker 1: Australia early in the morning. Was comfortable in the afternoon 489 00:27:28,000 --> 00:27:30,520 Speaker 1: over here just to just to let people know that 490 00:27:30,520 --> 00:27:33,159 Speaker 1: the information you're giving to me is very relatable to 491 00:27:33,200 --> 00:27:35,280 Speaker 1: the listeners in the United States or in any other 492 00:27:35,320 --> 00:27:40,440 Speaker 1: country because because women are regulated to a secondary citizens 493 00:27:40,440 --> 00:27:42,920 Speaker 1: in so many different ways, and it's always been the case, 494 00:27:43,359 --> 00:27:47,320 Speaker 1: and so do change is happening, It's not happening rapidly enough, 495 00:27:47,400 --> 00:27:50,640 Speaker 1: as as in racial situations as well. But but one 496 00:27:51,000 --> 00:27:52,520 Speaker 1: thing I wanted to bring you on the phone to 497 00:27:52,520 --> 00:27:55,680 Speaker 1: talk about what are the key factors to getting unstucked 498 00:27:56,119 --> 00:28:00,720 Speaker 1: and in your eyes, getting unstuck and building wealth. M 499 00:28:01,119 --> 00:28:03,840 Speaker 1: absolutely so. I think the first thing is, I mean 500 00:28:03,840 --> 00:28:06,000 Speaker 1: the work that we always do with women, which is 501 00:28:06,000 --> 00:28:08,280 Speaker 1: a little bit abstract because it doesn't happen in the 502 00:28:08,320 --> 00:28:13,359 Speaker 1: financial services UM industry here, is we look at their mindset, 503 00:28:13,560 --> 00:28:16,440 Speaker 1: and we look at their subconscious beliefs, and we look 504 00:28:16,480 --> 00:28:19,239 Speaker 1: at their story, and so we actually worked with them 505 00:28:19,280 --> 00:28:21,760 Speaker 1: on that level. What is the story that you hold 506 00:28:21,920 --> 00:28:25,480 Speaker 1: about yourself, about your conditioning from your past, from the 507 00:28:25,520 --> 00:28:27,560 Speaker 1: family you came from, from the hood that you grew 508 00:28:27,640 --> 00:28:30,800 Speaker 1: up in. What is the story that you have that 509 00:28:30,840 --> 00:28:32,760 Speaker 1: tells you what is possible for your life and what 510 00:28:32,920 --> 00:28:36,280 Speaker 1: is not possible. We work at that level first. So 511 00:28:36,359 --> 00:28:39,320 Speaker 1: it's really about behavioral science and mindset. So I think 512 00:28:39,400 --> 00:28:42,480 Speaker 1: that's the first thing to really challenge your beliefs and 513 00:28:42,520 --> 00:28:45,040 Speaker 1: the story that you're telling yourself about what's possible. I 514 00:28:45,040 --> 00:28:47,200 Speaker 1: think my life is an example of you know, I 515 00:28:47,280 --> 00:28:50,440 Speaker 1: just grew up in a a normal suburb and my 516 00:28:50,560 --> 00:28:53,720 Speaker 1: parents unfortunately passed early, and I was on my own. 517 00:28:54,000 --> 00:28:59,160 Speaker 1: But I'm self made and I'm financially independent and I'm successful. 518 00:28:59,240 --> 00:29:02,080 Speaker 1: And I always say of women, I didn't have many 519 00:29:02,080 --> 00:29:05,000 Speaker 1: of the opportunities UM that they did. I didn't have 520 00:29:05,080 --> 00:29:09,280 Speaker 1: the opportunity to finish my university degree in law, UM, 521 00:29:09,320 --> 00:29:11,840 Speaker 1: I didn't have the opportunity to have the financial support 522 00:29:11,880 --> 00:29:14,160 Speaker 1: of my parents for those additional years so I could 523 00:29:14,200 --> 00:29:19,160 Speaker 1: study UM, but I was able to do it and UM. 524 00:29:19,320 --> 00:29:21,080 Speaker 1: So I think the first step number one is you 525 00:29:21,120 --> 00:29:24,320 Speaker 1: have to look at your belief system and your subconscious beliefs, 526 00:29:24,320 --> 00:29:27,800 Speaker 1: because that really is driving all of your behavior. You know, 527 00:29:28,880 --> 00:29:31,400 Speaker 1: of all decisions we make are made in the subconscious 528 00:29:31,440 --> 00:29:35,000 Speaker 1: spring without us even realizing. The second thing I say 529 00:29:35,160 --> 00:29:38,960 Speaker 1: is you have to have basic financial literacy. This whole 530 00:29:39,000 --> 00:29:41,680 Speaker 1: idea and I don't know if it's a trend there, 531 00:29:41,800 --> 00:29:44,800 Speaker 1: like in America, like there is here but this whole 532 00:29:44,840 --> 00:29:48,280 Speaker 1: idea of going to some guru who tells you, listen, 533 00:29:48,320 --> 00:29:51,000 Speaker 1: I'm a guru and you don't really understand anything about 534 00:29:51,040 --> 00:29:53,800 Speaker 1: money and you should just blindly trust me and I'll 535 00:29:53,840 --> 00:29:56,600 Speaker 1: invest your money and it will be okay. Um, what 536 00:29:56,640 --> 00:29:59,120 Speaker 1: I say is that's actually not okay. And so the 537 00:29:59,200 --> 00:30:02,120 Speaker 1: second thing you need it is financial literacy because as 538 00:30:02,240 --> 00:30:07,160 Speaker 1: human beings, we never do or we fear something we 539 00:30:07,240 --> 00:30:10,360 Speaker 1: don't understand. When we have more information than when we 540 00:30:10,480 --> 00:30:14,520 Speaker 1: understand something, then we develop confidence to do it. And 541 00:30:14,560 --> 00:30:17,240 Speaker 1: the critical thing, like, if I could give anyone listening 542 00:30:18,160 --> 00:30:20,920 Speaker 1: a message, the message would be that there is no 543 00:30:21,040 --> 00:30:23,400 Speaker 1: amount you know, we're all wired for hard work. I 544 00:30:23,480 --> 00:30:25,640 Speaker 1: certainly was. I mean I came from a family who 545 00:30:25,720 --> 00:30:29,920 Speaker 1: had amazing work ethics. We're wired. We're wired, and we're 546 00:30:30,000 --> 00:30:33,080 Speaker 1: told as children and our education system and throughout our 547 00:30:33,120 --> 00:30:35,680 Speaker 1: lives that we need to be good people and that 548 00:30:35,800 --> 00:30:37,880 Speaker 1: we need to work really hard and if we work 549 00:30:37,920 --> 00:30:40,840 Speaker 1: really hard, then we can make money. Um. And what 550 00:30:40,880 --> 00:30:43,680 Speaker 1: I would say to people is that is maybe true 551 00:30:43,800 --> 00:30:47,080 Speaker 1: in part, but no amount of hard work and no 552 00:30:47,240 --> 00:30:50,680 Speaker 1: amount of salary income is going to make you financially 553 00:30:50,760 --> 00:30:54,640 Speaker 1: independent or wealthy. It's buying assets that go up in 554 00:30:54,720 --> 00:30:58,440 Speaker 1: value over time. UM is the only way to build wealth. 555 00:30:58,520 --> 00:31:00,360 Speaker 1: And you can read any book. I mean, you've got 556 00:31:00,400 --> 00:31:04,760 Speaker 1: some great wealth mentors over there have published amazing books. 557 00:31:05,000 --> 00:31:08,400 Speaker 1: The only way for anybody to get ahead is to 558 00:31:08,440 --> 00:31:11,200 Speaker 1: buy assets that go up in value over the course 559 00:31:11,240 --> 00:31:14,560 Speaker 1: of their working life. UM as a means to financial 560 00:31:14,640 --> 00:31:18,440 Speaker 1: independence and to building well. So I would say they're 561 00:31:18,440 --> 00:31:21,040 Speaker 1: the three critical points. And the first point in coming 562 00:31:21,120 --> 00:31:24,360 Speaker 1: unstuck is really sitting down and getting real about the 563 00:31:24,360 --> 00:31:29,160 Speaker 1: story that you're telling yourself about what's possible for your life. Awesome, Mary, 564 00:31:29,240 --> 00:31:32,320 Speaker 1: May's thank you again for taking the time. UM. I 565 00:31:32,360 --> 00:31:35,920 Speaker 1: have a book coming out in one in January. One 566 00:31:35,960 --> 00:31:38,240 Speaker 1: of the locations I want to come ills to Melbourne, 567 00:31:38,560 --> 00:31:41,800 Speaker 1: so you will see me. You may see me earlier May, 568 00:31:41,840 --> 00:31:44,719 Speaker 1: I might come to the CEO. There is an open 569 00:31:44,800 --> 00:31:50,520 Speaker 1: invitation for you here. Yeah. If I keep talking to 570 00:31:50,640 --> 00:31:52,920 Speaker 1: you're gonna give me the comet. I will provide the 571 00:31:52,960 --> 00:31:57,160 Speaker 1: sleeping bag written sleeping bag for you at the pillow 572 00:31:57,320 --> 00:31:59,920 Speaker 1: for you and you can spend the night. You can 573 00:32:00,000 --> 00:32:02,640 Speaker 1: spend a night with some of Melvine's greatest CEOs with 574 00:32:02,680 --> 00:32:07,360 Speaker 1: the Biggest Hearts tends the millions of dollars for the 575 00:32:07,360 --> 00:32:09,840 Speaker 1: same vinc into Paul Society. So there's an open invitation 576 00:32:09,880 --> 00:32:12,440 Speaker 1: for you, okay, and I if we're going to talk, 577 00:32:12,520 --> 00:32:15,240 Speaker 1: because I might come. See if I might come. Thank 578 00:32:15,280 --> 00:32:16,960 Speaker 1: you for taking the time and tell your son high 579 00:32:17,200 --> 00:32:19,200 Speaker 1: and keep keep the world straight on that side of 580 00:32:19,200 --> 00:32:22,560 Speaker 1: the part of the world. Okay, I'll do my best. 581 00:32:22,640 --> 00:32:25,040 Speaker 1: Thank you so much for having me. Are you awesome? Mary? 582 00:32:27,640 --> 00:32:30,360 Speaker 1: In this season of giving, Coals has gifts for all 583 00:32:30,400 --> 00:32:33,000 Speaker 1: your loved ones. For those who like to keep it cozy, 584 00:32:33,200 --> 00:32:37,880 Speaker 1: find fleeces, sweaters, loungeware, blankets and throws, or support minority 585 00:32:37,880 --> 00:32:41,040 Speaker 1: owned or founded brands by giving gifts from Human Nation 586 00:32:41,200 --> 00:32:44,640 Speaker 1: and Shame Moisture. And in the spirit of giving, Coals 587 00:32:44,720 --> 00:32:49,160 Speaker 1: Cares is donating eight million dollars to local nonprofits nationwide. 588 00:32:49,440 --> 00:32:51,920 Speaker 1: Give with all your heart this season with great gifts 589 00:32:51,960 --> 00:32:56,040 Speaker 1: from Coals or Coals dot Com. Still living in manually 590 00:32:56,040 --> 00:32:58,040 Speaker 1: taking notes, there is a better way to start the 591 00:32:58,040 --> 00:33:01,200 Speaker 1: new year with auto dot ai Autumn braadically get meeting notes. 592 00:33:01,280 --> 00:33:04,280 Speaker 1: Auto dot ai works for virtual meetings like Zoom, Microsoft 593 00:33:04,280 --> 00:33:06,040 Speaker 1: Teams and Google Meet sign up on the web for 594 00:33:06,120 --> 00:33:08,520 Speaker 1: free or download in the app stores. Auto dot Ai 595 00:33:08,720 --> 00:33:11,800 Speaker 1: that's O T T E R dot Ai. You coming 596 00:33:11,840 --> 00:33:14,600 Speaker 1: to bed hunt? Yep, honey, I'll be right there. Just 597 00:33:14,640 --> 00:33:24,360 Speaker 1: gotta turn out the light. Oh oh, some thing's never change, 598 00:33:24,840 --> 00:33:28,200 Speaker 1: like your kids always leaving tiny toys on the floor 599 00:33:28,240 --> 00:33:31,320 Speaker 1: for you to step on, and Gango saving folks lots 600 00:33:31,320 --> 00:33:35,200 Speaker 1: of money on their car insurance. Sweetie, I think I 601 00:33:35,320 --> 00:33:38,120 Speaker 1: left the downstairs light on. Please don't make me go. 602 00:33:38,400 --> 00:33:41,000 Speaker 1: Fifteen minutes could save you or more.