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Speaker 1: My name's Anatasha Bamblet. I'm a proud First Nations woman

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Speaker 1: and I'm here to acknowledge country t Glenn Young Ganya Niana,

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Speaker 1: kaka ya Ya bin Ahaka Nian our gay In Mbina,

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Speaker 1: yakarum jar Dominyama, Domaga Itawakaman, damon Imlan Bomber bang Gadabomba

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Speaker 1: in and now in wakah ghana On yakarram jar Watnadaa. Hello,

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Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.

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Speaker 1: We thank acknowledge and respect the Abiginal people's land that

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Speaker 1: we're gathering on today. Take pleasure in all the land

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Speaker 1: and respect all that you see. She's on the Money

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Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,

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Speaker 1: knowledge and resources for you to thrive.

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Speaker 2: She's on the Money. She's on the Money.

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Speaker 3: Hello, and welcome to She's on the Money, the podcast

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Speaker 3: that lets you be pervy about other people's money stories

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Speaker 3: for educational purposes, of course. Welcome back to another episode

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Speaker 3: of our Beautiful Money Diaries show where we get a

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Speaker 3: talk with one of our incredible She's on the Money

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Speaker 3: community members all about their personal money story. So let's

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Speaker 3: jump straight into it, because this week I got a

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Speaker 3: message and it sounded exactly like this, dear, she's on

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Speaker 3: the money. Five years ago, I was twenty nine, earning

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Speaker 3: sixty thousand dollars a year with one thousand dollars in savings.

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Speaker 3: I had twenty thousand dollars in hex and a maxed

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Speaker 3: out credit card and barely fifty thousand dollars in super

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Speaker 3: I loved my job in hospitality, but money felt like

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Speaker 3: something I would never get ahead with. Then I was

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Speaker 3: headhunted for a new role. I finally got a big

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Speaker 3: pay rise, and it hit me that if I wanted

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Speaker 3: my future to look different, I to change how I

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Speaker 3: managed my money. Fast forward to now, and my life

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Speaker 3: is unrecognizable. We've borderhouse invested, cleared our debts completely, and

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Speaker 3: started building for our kids' future. More than that, I've

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Speaker 3: gone from avoiding money conversations completely to actually loving them.

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Speaker 3: Money diarist, I'm really excited because you're like, you've been

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Speaker 3: in the position that so many people in our community

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Speaker 3: are in right now, but then you've come out the

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Speaker 3: other side and changed stuff, And I just I'm excited

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Speaker 3: because I think that we're going to learn so much

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Speaker 3: from you.

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Speaker 2: Oh, thank you so much for having me. I'm very

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Speaker 2: excited to talk about it now. If you'd ask me

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Speaker 2: five years ago, no oh no, no no.

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Speaker 3: It's funny how things changed, because when I got into debt,

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Speaker 3: I was literally lying to people about not having debt

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Speaker 3: because I was like, hmm, no, I don't know what

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Speaker 3: you're talking about. How stupid? Why would you be in debt?

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Speaker 3: And that was literally me. And now I'm literally like

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Speaker 3: the post child for getting out of debt. So times

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Speaker 3: can change, and you know what, I'm better for it.

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Speaker 3: But before we get into a little bit more about

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Speaker 3: your money story, I need to ask if I asked

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Speaker 3: you to give your money habits a grade from A

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Speaker 3: through to F, what do you reckon you would grade them?

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Speaker 2: I am going to go with a B and we

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Speaker 2: can obviously. I know you're going to ask me at

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Speaker 2: the end of it if I change that, But for now,

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Speaker 2: I'm going to go with a B. I like that.

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Speaker 3: I feel like a B is a good place to start.

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Speaker 3: I always get like super red flaggy when I get

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Speaker 3: a really good submission and then they say like D

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Speaker 3: or something, and I'm like, I don't know if I

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Speaker 3: believe you already, Like I read your submission, I just

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Speaker 3: read it to my community, and nobody's believing you tell

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Speaker 3: me more. But b I can get around that. I

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Speaker 3: can get around that. So let's learn more about it.

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Speaker 3: Can you tell me a little bit more about your

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Speaker 3: money story?

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Speaker 2: Absolutely so, I think always. And what I love about

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Speaker 2: this is where the money diarists share kind of like

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Speaker 2: their upbringing, especially our age group, because it also is

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Speaker 2: kind of fairly similar. So. I grew up on a

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Speaker 2: farm in New South Wales and with two older sisters,

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Speaker 2: and I got an incredible amount of work ethic from

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Speaker 2: my parents and I still thank them both. So I

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Speaker 2: had a full time working mum as a teacher and

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Speaker 2: a full time working dad who had a job plus

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Speaker 2: a farm.

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Speaker 3: Well, your mum was working full time as well as

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Speaker 3: doing farm stuff. Crazy.

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Speaker 2: Yeah, So my parents had a full time working farm

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Speaker 2: and they both worked like payg jobs at the same time.

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Speaker 2: What the heck?

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Speaker 3: Mom and dad? Where was your time? How did you

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Speaker 3: manage to have three kids? A crazy cats?

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Speaker 2: They definitely managed a lot, and to their credit, I

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Speaker 2: guess you don't realize that as a child like that

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Speaker 2: was just kind of normal. But yeah, no, my mom

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Speaker 2: would take time off to have the three of us,

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Speaker 2: but she would just take like one term off school

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Speaker 2: and go back to work. And I didn't. I thought

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Speaker 2: it's because she loved her job, which she did, but

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Speaker 2: it was also financially necessary. They couldn't afford three kids

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Speaker 2: and to not work both full time.

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Speaker 3: Yeah, three kids in general is expensive then expensive, but

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Speaker 3: even today I look at it and go, oh, my god, like,

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Speaker 3: is that the new sign of wealth, like that people

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Speaker 3: can have at least three kids? Like I just look

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Speaker 3: at it and go, if you can have three kids,

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Speaker 3: you must be financially pretty okay.

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Speaker 2: Well, yeah, so my parents did very well in the

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Speaker 2: sense that we were definitely middle class, had a farm.

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Speaker 2: But I guess the biggest that I learned at an

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Speaker 2: early ages I learned about the tax system, which is

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Speaker 2: funny because I still had like zero financial literacy. I

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Speaker 2: used to work for my dad on the farm. He

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Speaker 2: desperately wanted a son. He didn't get it. He got

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Speaker 2: three daughters, so as the youngest, I then worked on

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Speaker 2: the farm, mustering sheep, driving the tractor, doing fencing, and

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Speaker 2: he paid me two dollars an hour from the age

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Speaker 2: of ten, and he told me that if I don't

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Speaker 2: have a tax file number, He'll deduct forty eight cents

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Speaker 2: of every dollar I earn. So I got a tax

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Speaker 2: file number.

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Speaker 3: I love your dad. Not only was he making you

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Speaker 3: work for less than minimum wage, he was making you

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Speaker 3: pay tax on that. No cashi's in this house. No,

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Speaker 3: there was no cashes.

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Speaker 2: And he's like, no, I'm going to put you on

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Speaker 2: the books. I'm like, firstly, I'm not legal, so sure.

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Speaker 2: But anyway, so I worked for him for two years

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Speaker 2: and then actually got myself a real job.

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Speaker 3: You were like, hold on two dollars an hours, actually

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Speaker 3: not cutting it.

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Speaker 2: So I actually went and got my first job at

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Speaker 2: a local kind of hardware store and they actually took

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Speaker 2: me on at twelve. Again illegal, but you know, country

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Speaker 2: towns idnots into mind. Anyways, they still put me through

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Speaker 2: the books and they're like, you'll need a tax file number.

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Speaker 2: I was like, pro to go one ready, which they

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Speaker 2: were shocked about. I just started working and then I

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Speaker 2: just I understood the idea that you get a job

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Speaker 2: and you earn money, and the more hours you work,

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Speaker 2: the more money you make. And that was just what

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Speaker 2: was ingrained. You work hard for your money. It wasn't

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Speaker 2: about the hourly rate. It was about smart. It was

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Speaker 2: just the volume sheer hours was kind of what was

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Speaker 2: ingrained into me. So going through school, I worked two

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Speaker 2: jobs as well as doing Year twelve, and I kind

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Speaker 2: of got into hospitality. So I got a job in

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Speaker 2: a cafe. As soon as I turned eighteen, I started

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Speaker 2: working a bar. You know, I was getting twenty seven

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Speaker 2: dollars an hour. It was incredible on a Sunday. And

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Speaker 2: I then went to UNI. So my mum, in her

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Speaker 2: loving way, had three daughters and told us that we

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Speaker 2: were never allowed to stay. She met this with all love.

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Speaker 2: We lived in a very small town. The closest UNI

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Speaker 2: was three hours away. The idea was as she doesn't

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Speaker 2: mind what we did with our life, but you cannot

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Speaker 2: do it here.

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Speaker 3: I love your mum.

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Speaker 2: It was never an option to stay at home and work,

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Speaker 2: you know, in town, or go to tay for whatever.

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Speaker 2: She's like, you don't have to go to UNI. Her

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Speaker 2: preference was that, but it was just if you want

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Speaker 2: a gap year, that's fine, but you don't do it here.

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Speaker 2: All three of us left and went to major cities

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Speaker 2: and went to universities. I worked about thirty hours a

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Speaker 2: week while studying full time. I rarely went to class.

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Speaker 2: I failed multiple subjects because they were on a Thursday

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Speaker 2: night and I was like, no, I'm going out. So

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Speaker 2: it actually took me five years to do my three

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Speaker 2: year business degree because I'd failed a few subjects. More so,

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Speaker 2: I'd work two jobs and this is where I would

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Speaker 2: work at night. So I would go and work in

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Speaker 2: a restaurant till Saturday night. I would then catch the

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Speaker 2: bus from the restaurant to go out into the valley

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Speaker 2: in Brisbane from midnight till four am. Oh, classy lady,

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Speaker 2: catch the bus home, and then start my second job

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Speaker 2: at seven am, probably still drunk. I'm going to be honest,

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Speaker 2: this was I just heard behind a coffee machine. At

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Speaker 2: least I had coffee. The worst part was when you

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Speaker 2: were hungover and going back to work in a bar

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Speaker 2: and like someone's like an Izam Booker and you're like, ooh,

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Speaker 2: I don't know if I can stomach smelling Zambooker Again.

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Speaker 2: I did I drunk that last night. No matter how

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Speaker 2: hungover or how drunk I might have still been, we

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Speaker 2: turned up because we needed that money, oh one hundred percent.

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Speaker 2: So I have definitely I think that's the series I

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Speaker 2: had a lot of work ethic. I just had a

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Speaker 2: real inability to save. But I think where my biggest

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Speaker 2: thing was is then I got essentially full time hours

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Speaker 2: working hospitality. So I worked out that I could apply

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Speaker 2: for a credit card because I had pay slips to

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Speaker 2: prove it perfect. So I got a credit card. You know,

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Speaker 2: I had no idea what the interest was. I didn't

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Speaker 2: know what miniroom or payments were. I just got given

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Speaker 2: a bank account with a card attached to two thousand dollars.

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Speaker 3: Yeah, but we don't do this, Like nobody goes into

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Speaker 3: these situations with the intention to get into crippling debt.

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Speaker 3: Like we go into these situations with not as much

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Speaker 3: knowledge as we deserve, with the best of intentions. And

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Speaker 3: I think that that's what we need to remember when

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Speaker 3: people get into debt, because like then, yeah, there's all

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Speaker 3: the shame and we're so embarrassed and we don't want

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Speaker 3: to share it. And I've been there, and I'm sure

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Speaker 3: you've been there as well, But like, sorry, I went

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Speaker 3: into this with good intentions and now I've been screwed

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Speaker 3: over by our system.

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Speaker 2: And that's exactly I just went in with absolutely no understanding,

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Speaker 2: Like my only knowledge of credit cards was my mum

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Speaker 2: had one and she would put the groceries on it,

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Speaker 2: but I never learned that she then paid that off

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Speaker 2: with her say things like I never asked. We very

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Speaker 2: much did not talk about money in our house. My

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Speaker 2: parents used to fight about money, but we never talked

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Speaker 2: about money. So our family did not have a good

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Speaker 2: financial literacy, I would say, And that's not a fault

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Speaker 2: of my parents. They did their absolute best with the

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Speaker 2: knowledge and resources they had. But looking back now, I'm like, oh, like,

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Speaker 2: we learned nothing other than just work hard. So I

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Speaker 2: did that. So I got a credit card and essentially

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Speaker 2: that next year I spent two thousand dollars maxed out

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Speaker 2: my credit card on going to ten music festivals because

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Speaker 2: I had FOMO. There was no way I was missing

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Speaker 2: out on them ten.

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Speaker 3: Get it, queen, I mean, I was really in a.

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Speaker 2: Good and I didn't I wanted to go with my

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Speaker 2: best friend who lived in Sydney. So I'm paying for

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Speaker 2: flights from Brisbane to Sydney ten times a year, I'm

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Speaker 2: going to music festivals, so and I didn't want to

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Speaker 2: miss out, and so I was then also going out.

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Speaker 2: I'm going to say four to five times a week.

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Speaker 2: So while mine wasn't on clothes, mine was on going out,

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Speaker 2: going to the next music festival, the next concert, whatever

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Speaker 2: it was. I was so scared to miss out and not,

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Speaker 2: I guess be the life of the part, which was

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Speaker 2: certainly my personality.

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Speaker 3: I'm honestly impressed. Like, don't get me wrong. I would

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Speaker 3: go out on a Saturday night, maybe even back it

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Speaker 3: up and do a Friday and a Saturday night, but

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Speaker 3: like I could not back it up the way that

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Speaker 3: you did, Like you deserve an award.

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Speaker 2: Yeah, I know, I was. Tuesday night was UNI night,

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Speaker 2: Thursday night was City night with UNI discounts. Friday night

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Speaker 2: was like going out on fancy night out with like

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Speaker 2: the law students going out on a Friday, and then

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Speaker 2: Saturday was going to the valley. Sunday is Hospo night.

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Speaker 3: Yeah, okay, okay, I can't keep up.

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Speaker 2: I know the fact that I still remember this is

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Speaker 2: also alarming that I had a great time.

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Speaker 3: I didn't think it's alarming as making for great chat.

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Speaker 2: I remember it like it was yesterday, and honestly I

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Speaker 2: would I trade it. No. I loved it, and I

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Speaker 2: loved going out, and it was it was my favorite activity,

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Speaker 2: for sure. It's just it came with expenses of going out, alcohol,

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Speaker 2: cover charge, TAXI rides home.

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Speaker 3: Oh yeah, the cover charge. But back in those days,

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Speaker 3: I'm sorry, vodka red Bull was five dollars. So it was,

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Speaker 3: but those added up really quickly.

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Speaker 2: And I was actually really lucky as well, because then

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Speaker 2: I ended up finding a job that also fueled this habit.

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Speaker 2: So in Uni, I actually was really fortunate to work

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Speaker 2: for Red Bull. No, I was not a wings girl.

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Speaker 2: I'm going to put that out there. I was not

255
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Speaker 2: pretty enough to be a wings girl. You look like

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Speaker 2: you could be wings girl.

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Speaker 3: I'm not gonna lie. I mean, I think you're being

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Speaker 3: a bit self deprecating, because like that's not true.

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Speaker 2: We had So it was a really cool job with

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Speaker 2: Red Bull where they paid you if you lived at college,

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Speaker 2: to be a student brand manager. And I was part

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Speaker 2: of their marketing employ And so you essentially get paid

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Speaker 2: to go to college events or organize a college event

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Speaker 2: and take red Bull. Now that was both alcohol related

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Speaker 2: and not so like swatvack or study week.

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Speaker 3: I was about to say, you would thinking deal steel steals.

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Speaker 2: So I had a red Bull fridge in my room.

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Speaker 2: I had an unlimited supply of free red Bull. So

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Speaker 2: everyone wanted to be my friend.

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Speaker 3: You were willing and dealing. I was.

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Speaker 2: I loved it, and I got paid to go out.

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Speaker 2: So a really fun part of the job was if

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Speaker 2: you would one of the managers, like the on premise managers,

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Speaker 2: would call you and say, Hey, the Victory Hotel is

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Speaker 2: only stocking v and not red Bull. Can you go in?

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Speaker 2: What that meant is you got paid to go out

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Speaker 2: that night, Go to the order a vodka red Bull,

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Speaker 2: wait till they pour the vodgrin V and then you

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Speaker 2: would say to them, no, I asked for red Bull.

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Speaker 2: Oh you don't stop red Bull? No, thank you, and

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Speaker 2: you would do it all night, and so eventually their

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Speaker 2: tactic is is that then the next day the bar

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Speaker 2: managers like, oh, why are we're not stocking red Bull?

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Speaker 2: People keep asking for red Bull, like we need to

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Speaker 2: get it, And then coincidentally, the on premise manager would

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Speaker 2: call them the next day and'd be like, hey, are

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Speaker 2: you ready to stock us yet?

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Speaker 3: That's crazy, that's actually crazy manipulative. I love it and

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Speaker 3: I hate it.

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Speaker 2: Yeah, I mean this was yet two thousand and seven.

291
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Speaker 2: This was an amazing thing, and I didn't know what

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Speaker 2: I was learning at this point in time. But like

293
00:12:35,440 --> 00:12:39,480
Speaker 2: incredible sales and marketing technique from red Bull to pay

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Speaker 2: nineteen year olds to go out and.

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Speaker 3: Do this low key genius, also terrifying, Like.

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Speaker 2: Yeah, this was pre social media. This was pre everyone

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Speaker 2: being able to go out and kind of see what

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Speaker 2: you were drinking. This was just you went out and

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Speaker 2: you asked for things, and I guess it's the same

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Speaker 2: as asking for vodka coca and they give you pepsi

301
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Speaker 2: and you're like, no, thank you.

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Speaker 3: So you were making all this money, You're working two jobs,

303
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Speaker 3: you are a Red Bull fan girl. How much debt

304
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Speaker 3: did you end up racking up when you were a teenager?

305
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Speaker 2: Basically, I at this point was about in ten thousand

306
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Speaker 2: dollars worth of credit card debt. I still owed twenty

307
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Speaker 2: thousand dollars on my car because I'd actually had a

308
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Speaker 2: cheaper car loan and then unfortunately had a car accident,

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Speaker 2: as you do when you're nineteen and you run at

310
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Speaker 2: the back of someone, So I had to sell that

311
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Speaker 2: one obviously went to the wreckers, and I had to

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Speaker 2: get a new car because I needed to get around.

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Speaker 2: So yeah, at the end of UNI, I graduated at

314
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Speaker 2: twenty three and I was about ten thousand dollars in

315
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Speaker 2: credit card debt, twenty grand's worth of car debt. And

316
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Speaker 2: because it took me five years to do a three

317
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Speaker 2: year degree and I did accounting three times, I had

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Speaker 2: forty thousand dollars in hex and.

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Speaker 3: Your insurance must have been more expensive too, because you

320
00:13:42,760 --> 00:13:45,920
Speaker 3: run up the back of somebody. It was yep, yeah, cool,

321
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Speaker 3: that's so sexy.

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Speaker 2: I love this for uning great place. Oh do you

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Speaker 2: know what?

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Speaker 3: And it's crazy because you just think that's normal, and

325
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Speaker 3: it is for so many of us. Like I graduated

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Speaker 3: Nied with no debt, money win. But it was in

327
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Speaker 3: the first two years of me working professionally and corporately

328
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Speaker 3: that I got into forty thousand dollars of like personal

329
00:14:06,440 --> 00:14:09,679
Speaker 3: debt with a really high interest rate. Like you look

330
00:14:09,720 --> 00:14:10,600
Speaker 3: at it and go, how.

331
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Speaker 2: Did you do that?

332
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Speaker 1: For?

333
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Speaker 3: It was easy? Let me show you.

334
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Speaker 2: Take me to Veronica, Maine. But honestly, when I listened

335
00:14:15,760 --> 00:14:17,280
Speaker 2: to this story about you, that's what I was like,

336
00:14:17,720 --> 00:14:19,680
Speaker 2: this is actually relatable because I was like, I get it.

337
00:14:19,760 --> 00:14:21,280
Speaker 2: I remember getting my first job and being like I'm

338
00:14:21,320 --> 00:14:22,480
Speaker 2: going to go to Sarba, I'm going to go to

339
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Speaker 2: Veronica Main and this.

340
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Speaker 3: Was the thing.

341
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Speaker 2: I think you convinced it because obviously in your job,

342
00:14:25,560 --> 00:14:27,200
Speaker 2: the same as I convinced myself like, yes, I was

343
00:14:27,280 --> 00:14:29,240
Speaker 2: going out and I was spending a lot of my

344
00:14:29,320 --> 00:14:31,360
Speaker 2: only on music festivals. In my mind because I was

345
00:14:31,400 --> 00:14:34,160
Speaker 2: studying business and events and hotels, this was the world

346
00:14:34,280 --> 00:14:37,520
Speaker 2: I wanted to work in. So to me, I was like,

347
00:14:37,640 --> 00:14:40,080
Speaker 2: this is networking, this is a business expense. I need

348
00:14:40,200 --> 00:14:42,600
Speaker 2: to do this to get my name out there. And

349
00:14:42,720 --> 00:14:44,400
Speaker 2: that's actually how I got my Red Bull job. They

350
00:14:44,480 --> 00:14:47,400
Speaker 2: literally found me on Facebook on a laptop pre mobile

351
00:14:47,440 --> 00:14:49,600
Speaker 2: phones and were like, you go out and party a lot.

352
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Speaker 2: We're going to pay you to do that.

353
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Speaker 3: Okay, say less, yeah, exactly.

354
00:14:53,080 --> 00:14:55,600
Speaker 2: Again that field, and I'm not trying to make excuses,

355
00:14:55,640 --> 00:14:57,160
Speaker 2: but again, when you say it out loud to someone

356
00:14:57,240 --> 00:14:58,560
Speaker 2: and say, why on earth would you go to ten

357
00:14:58,640 --> 00:15:01,680
Speaker 2: music festivals, that's ridiculous. No, no, no, no.

358
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Speaker 3: We don't judge past us. We also don't judge other

359
00:15:04,400 --> 00:15:07,160
Speaker 3: people for the money decisions they've made. I think it's

360
00:15:07,280 --> 00:15:10,000
Speaker 3: just it's so validating when you have these conversations and

361
00:15:10,040 --> 00:15:13,560
Speaker 3: go okay, cool, like obviously those are not great situations.

362
00:15:13,600 --> 00:15:15,680
Speaker 3: We didn't want to be in like, how good we

363
00:15:15,760 --> 00:15:17,240
Speaker 3: could get out of them, How good we can have

364
00:15:17,360 --> 00:15:20,400
Speaker 3: these open, honest conversations, because I can always guarantee if

365
00:15:20,440 --> 00:15:22,240
Speaker 3: I went back to baby you you just graduated and

366
00:15:22,320 --> 00:15:24,520
Speaker 3: had thirty grand worth of debt, Hey talk to me

367
00:15:24,560 --> 00:15:26,280
Speaker 3: about debt, You'd be like, oh, can you not be

368
00:15:26,440 --> 00:15:29,640
Speaker 3: so invasive? Like we would not want to have that conversation.

369
00:15:29,760 --> 00:15:31,760
Speaker 3: All right, let's go to a really quick break. Don't

370
00:15:31,800 --> 00:15:38,280
Speaker 3: go anywhere, all right, money drives. We are back. So

371
00:15:38,400 --> 00:15:40,240
Speaker 3: you graduate? What did you do for work?

372
00:15:40,320 --> 00:15:42,480
Speaker 2: So? I got my first job then graduating UNI as

373
00:15:42,600 --> 00:15:46,680
Speaker 2: a wedding coordinator in a beautiful building in Brisbane. This

374
00:15:46,920 --> 00:15:50,280
Speaker 2: paid forty eight thousand dollars a year, So I at

375
00:15:50,320 --> 00:15:53,200
Speaker 2: that point graduated and did not earn over the threshold

376
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Speaker 2: currently to pay off my hecks.

377
00:15:55,360 --> 00:15:58,400
Speaker 3: Perfect. That's actually a good position to be in. But

378
00:15:58,520 --> 00:16:00,720
Speaker 3: I'm pretty sure you're about to tell me that you

379
00:16:00,840 --> 00:16:03,320
Speaker 3: also weren't making extra debt repayments, so tell me more.

380
00:16:03,520 --> 00:16:05,400
Speaker 2: No, so I'm paying off the minimum. So at this

381
00:16:05,480 --> 00:16:07,200
Speaker 2: point I'm kind of going twenty two to twenty three,

382
00:16:07,320 --> 00:16:10,160
Speaker 2: twenty four having a great time, and it was really

383
00:16:10,200 --> 00:16:12,240
Speaker 2: I guess the window for me was then I got

384
00:16:12,360 --> 00:16:15,360
Speaker 2: a new job and actually moved in with my boyfriend

385
00:16:15,400 --> 00:16:17,520
Speaker 2: who's now my husband, but moved in with my boyfriend

386
00:16:17,520 --> 00:16:19,840
Speaker 2: at the time at twenty five, and we got a

387
00:16:19,920 --> 00:16:22,480
Speaker 2: shared house account, which was really great so we could

388
00:16:22,520 --> 00:16:24,680
Speaker 2: work out, you know, who pays for groceries and things

389
00:16:24,760 --> 00:16:26,760
Speaker 2: like that. And I kept putting things on my credit

390
00:16:26,800 --> 00:16:27,920
Speaker 2: card and he was like, why do you have a

391
00:16:27,960 --> 00:16:30,240
Speaker 2: credit card? And I was like, I don't know, because

392
00:16:30,240 --> 00:16:31,720
Speaker 2: that's just what you do. And he's like, well, what's

393
00:16:31,720 --> 00:16:32,240
Speaker 2: the interest?

394
00:16:32,640 --> 00:16:34,200
Speaker 3: And I was like, why are you asking go away,

395
00:16:34,320 --> 00:16:37,040
Speaker 3: go away, We don't talk about money, il David dah Yeah,

396
00:16:37,120 --> 00:16:38,480
Speaker 3: And he was like, well that's you.

397
00:16:38,600 --> 00:16:41,200
Speaker 2: Do know that you pay like twenty percent interest on that,

398
00:16:41,400 --> 00:16:44,040
Speaker 2: like and what the mineral repayment. So it wasn't actually

399
00:16:44,120 --> 00:16:46,360
Speaker 2: until he'd sat me down and explained this to me,

400
00:16:46,720 --> 00:16:48,760
Speaker 2: and it felt like a personal attack. But then actually

401
00:16:48,760 --> 00:16:51,280
Speaker 2: a couple of days later, I was like, oh, actually

402
00:16:51,320 --> 00:16:53,120
Speaker 2: this could be quite helpful. I don't know this much.

403
00:16:53,200 --> 00:16:54,760
Speaker 2: And it was really funny because he said to me,

404
00:16:54,840 --> 00:16:56,680
Speaker 2: He's like, oh, I just assumed you'd be good with money.

405
00:16:56,720 --> 00:16:58,360
Speaker 2: You did a business degree, you talk about your dad

406
00:16:58,440 --> 00:16:59,760
Speaker 2: got you a tax file, number at ten, and I

407
00:16:59,840 --> 00:17:02,320
Speaker 2: was like, oh, no, don't be illusioned. I did a

408
00:17:02,360 --> 00:17:04,919
Speaker 2: business degree, but I have zero financial literature.

409
00:17:04,960 --> 00:17:07,320
Speaker 3: Yeah, actually the plumbert always has a leaky tap, so

410
00:17:07,440 --> 00:17:08,119
Speaker 3: don't judge me.

411
00:17:08,640 --> 00:17:10,360
Speaker 2: Correct. And so there was just a lot of assumptions,

412
00:17:10,359 --> 00:17:12,200
Speaker 2: and maybe I made the same assumptions that I should

413
00:17:12,240 --> 00:17:15,000
Speaker 2: be better with money, But that kind of was the

414
00:17:15,080 --> 00:17:17,119
Speaker 2: window for me of like, actually I had to be

415
00:17:17,200 --> 00:17:19,720
Speaker 2: transparent with my finances with him, and that kind of

416
00:17:19,880 --> 00:17:21,920
Speaker 2: really showed me that. I was like, oh, now that

417
00:17:22,040 --> 00:17:24,000
Speaker 2: you can see where the spending is going, not on

418
00:17:24,040 --> 00:17:26,959
Speaker 2: my credit card, but that actually, like our shared account

419
00:17:27,400 --> 00:17:29,800
Speaker 2: made me really accountable, which actually was good and was

420
00:17:29,840 --> 00:17:32,679
Speaker 2: the best thing for me. Not that he cured my spendings.

421
00:17:32,800 --> 00:17:34,720
Speaker 2: It wasn't like, oh, you can't spend this. It was

422
00:17:34,800 --> 00:17:36,080
Speaker 2: just I was like, oh, he can see on the

423
00:17:36,119 --> 00:17:38,440
Speaker 2: app what we're spending, so I'm going to be more

424
00:17:38,520 --> 00:17:41,040
Speaker 2: mindful of it. So I closed my credit card and

425
00:17:41,240 --> 00:17:43,720
Speaker 2: just started paying as much as I could off it

426
00:17:44,040 --> 00:17:46,080
Speaker 2: as well, because our shared living expenses then made it

427
00:17:46,200 --> 00:17:48,159
Speaker 2: cheaper obviously when you're sharing with someone else, So I

428
00:17:48,240 --> 00:17:50,399
Speaker 2: paid that off. So I was really lucky. By twenty seven,

429
00:17:50,560 --> 00:17:53,399
Speaker 2: I paid off my credit card. I paid off my

430
00:17:53,520 --> 00:17:54,960
Speaker 2: car loan at this point in time.

431
00:17:55,280 --> 00:17:56,160
Speaker 3: Oh, very cool.

432
00:17:56,320 --> 00:17:57,639
Speaker 2: Yeah, And that was just because it was kind of

433
00:17:57,800 --> 00:18:00,719
Speaker 2: ending on the contract and my first thought was I'm

434
00:18:00,760 --> 00:18:02,359
Speaker 2: going to go get a new car because my Carloon

435
00:18:02,400 --> 00:18:04,560
Speaker 2: is finished. And he was like absolutely not, No, you're

436
00:18:04,600 --> 00:18:06,399
Speaker 2: not doing that. And I was like, oh, He's like,

437
00:18:06,560 --> 00:18:08,840
Speaker 2: just drive the same one. It's fine. I was like,

438
00:18:08,880 --> 00:18:11,040
Speaker 2: you're right, I actually don't care about new cars, and

439
00:18:11,440 --> 00:18:14,719
Speaker 2: I don't. So again, it was good to have someone

440
00:18:14,840 --> 00:18:16,520
Speaker 2: kind of point that out and not in a bad way,

441
00:18:16,600 --> 00:18:19,119
Speaker 2: but yeah, it was just like, do you actually need

442
00:18:19,200 --> 00:18:22,240
Speaker 2: a new car? Oh? I don't you ride? Actually, So

443
00:18:22,359 --> 00:18:24,359
Speaker 2: that was a really good window for me. But I

444
00:18:24,400 --> 00:18:26,200
Speaker 2: guess at this point then we hit a point in

445
00:18:26,280 --> 00:18:28,119
Speaker 2: our life together where we really wanted to do some

446
00:18:28,240 --> 00:18:31,399
Speaker 2: traveling together, to work a lot and travel. So we

447
00:18:31,480 --> 00:18:33,880
Speaker 2: spent the next few years going on some wonderful holidays,

448
00:18:33,920 --> 00:18:37,960
Speaker 2: which was wonderful. We did Africa, Asia, Europe, the States,

449
00:18:38,480 --> 00:18:39,680
Speaker 2: the Maldives, Tahiti.

450
00:18:40,160 --> 00:18:42,960
Speaker 3: Oh you went, ham, Yeah, I know, but you know

451
00:18:43,000 --> 00:18:43,879
Speaker 3: when you justify like.

452
00:18:43,840 --> 00:18:45,920
Speaker 2: I'm turning thirty, I'm going to the mal Dives And

453
00:18:45,960 --> 00:18:47,480
Speaker 2: then he's like, well, I'm turning thirty. I'm like, okay,

454
00:18:47,480 --> 00:18:48,520
Speaker 2: well let's go to Bora Bora.

455
00:18:52,080 --> 00:18:54,359
Speaker 3: Yes, okay, carry on. So this is I was about

456
00:18:54,400 --> 00:18:55,800
Speaker 3: to come back and be like, hold on. So you

457
00:18:55,840 --> 00:18:57,879
Speaker 3: were completely depth three at twenty seven, and then at

458
00:18:57,920 --> 00:18:59,879
Speaker 3: twenty nine you had a maxed out credit card, like,

459
00:19:00,080 --> 00:19:02,679
Speaker 3: tell me what happened? Travel had travel happened?

460
00:19:02,760 --> 00:19:05,320
Speaker 2: So that's where I was really really good. And then

461
00:19:05,920 --> 00:19:08,960
Speaker 2: at this window in our relationship, he actually earned about

462
00:19:09,000 --> 00:19:10,760
Speaker 2: thirty thousand dollars a year more than me, which is

463
00:19:10,840 --> 00:19:13,720
Speaker 2: not that significant. But again, I was trying to keep

464
00:19:13,840 --> 00:19:16,040
Speaker 2: up with paying everything fifty to fifty because I'm a

465
00:19:16,200 --> 00:19:19,840
Speaker 2: staunchly independent woman who will move furniture on my own.

466
00:19:19,880 --> 00:19:21,120
Speaker 2: I will carry the groceries on my own.

467
00:19:21,200 --> 00:19:23,160
Speaker 3: Your mum did not raise people who stayed at home.

468
00:19:23,320 --> 00:19:25,879
Speaker 2: Yes, So we would go on these beautiful holidays, and

469
00:19:25,880 --> 00:19:28,080
Speaker 2: we'd spend ten thousand dollars in a week of holidays.

470
00:19:28,080 --> 00:19:30,359
Speaker 2: So he paid five thousand, I paid five thousands. I

471
00:19:30,480 --> 00:19:34,240
Speaker 2: didn't have five thousand to be doing this, so I

472
00:19:34,280 --> 00:19:36,320
Speaker 2: would put it on my credit card. He would give

473
00:19:36,320 --> 00:19:39,560
Speaker 2: me the five grand for his away. We went so inevitably,

474
00:19:39,840 --> 00:19:42,560
Speaker 2: I just the lifestyle creep of holidays and I wanted

475
00:19:42,560 --> 00:19:43,879
Speaker 2: to go and I didn't want to miss out on

476
00:19:44,040 --> 00:19:47,400
Speaker 2: doing those things. So inevitably I was just getting further

477
00:19:47,480 --> 00:19:51,040
Speaker 2: behind again with debt to go on holidays. I guess

478
00:19:51,200 --> 00:19:53,240
Speaker 2: the next turning point for us was I was really

479
00:19:53,400 --> 00:19:55,639
Speaker 2: fortunate and offered a role not my current one, but

480
00:19:55,800 --> 00:19:57,639
Speaker 2: I took a different role within the same company and

481
00:19:57,720 --> 00:19:59,800
Speaker 2: was actually appointed as a GM and moved to a

482
00:19:59,840 --> 00:20:03,359
Speaker 2: home hotel that had onsite accommodation. My husband could actually

483
00:20:03,359 --> 00:20:06,040
Speaker 2: get a transfer and he actually got paid a higher

484
00:20:06,119 --> 00:20:07,879
Speaker 2: incentive because it was rule. So we went to a

485
00:20:07,960 --> 00:20:11,040
Speaker 2: remote area in Queensland to work at a hotel. We

486
00:20:11,160 --> 00:20:14,080
Speaker 2: had zero expenses other than our own food, oh money,

487
00:20:14,119 --> 00:20:16,399
Speaker 2: win yees. So that was really really good and we

488
00:20:16,480 --> 00:20:18,240
Speaker 2: actually did it for my career. We didn't really think

489
00:20:18,240 --> 00:20:19,800
Speaker 2: about the cost saving at this point in time. We

490
00:20:19,920 --> 00:20:21,200
Speaker 2: just did it of like, this will be great for

491
00:20:21,280 --> 00:20:22,880
Speaker 2: my career. You go and kind of do a couple

492
00:20:22,880 --> 00:20:23,920
Speaker 2: of years out here and then.

493
00:20:23,880 --> 00:20:26,000
Speaker 3: You can pick where you want to go go anywhere

494
00:20:26,040 --> 00:20:29,000
Speaker 3: from there, especially because you have always I'm picking up

495
00:20:29,040 --> 00:20:31,000
Speaker 3: that you've always just wanted to be in that industry,

496
00:20:31,160 --> 00:20:32,639
Speaker 3: so you're kind of like I'm committed to this.

497
00:20:32,920 --> 00:20:35,040
Speaker 2: I'm committed. I you know, at this point, I'm like, no,

498
00:20:35,160 --> 00:20:37,040
Speaker 2: I want to be a young female GM. I want

499
00:20:37,080 --> 00:20:39,520
Speaker 2: to prove that I can. I can do this. So

500
00:20:39,680 --> 00:20:42,439
Speaker 2: we did so really gratefully. I guess my husband at

501
00:20:42,480 --> 00:20:44,520
Speaker 2: this point was on one hundred thousand dollars a year

502
00:20:44,960 --> 00:20:47,880
Speaker 2: with zero outgoings other than one hundred dollars a week

503
00:20:47,920 --> 00:20:48,240
Speaker 2: in food.

504
00:20:48,359 --> 00:20:51,560
Speaker 3: Oh my god, that's literally the savings dream. So did

505
00:20:51,600 --> 00:20:53,760
Speaker 3: you guys make the most of that? What happened?

506
00:20:54,040 --> 00:20:55,080
Speaker 2: He made the most of it?

507
00:20:55,240 --> 00:20:58,680
Speaker 3: Yes, iconic from him. But also if you could have

508
00:20:58,800 --> 00:21:00,639
Speaker 3: just taken me on that journey, so that would have

509
00:21:00,720 --> 00:21:01,880
Speaker 3: been appreciated.

510
00:21:02,320 --> 00:21:04,359
Speaker 2: So again, I didn't earn as much as he did.

511
00:21:04,480 --> 00:21:07,600
Speaker 2: Hospitality is not fantastic with their wages. It's wonderful and

512
00:21:07,680 --> 00:21:09,520
Speaker 2: you get so much more out of it. You get

513
00:21:09,760 --> 00:21:12,560
Speaker 2: lovely holidays because you can kind of contra. But it

514
00:21:12,720 --> 00:21:14,359
Speaker 2: still is not a high paying job. So I'm on

515
00:21:14,400 --> 00:21:16,800
Speaker 2: about seventy thousand dollars a year, which was still not bad,

516
00:21:17,520 --> 00:21:19,800
Speaker 2: and he's on one hundred thousand dollars with no outgoings.

517
00:21:20,040 --> 00:21:22,480
Speaker 2: So we're still doing really well. But again, because we

518
00:21:22,640 --> 00:21:26,000
Speaker 2: chose to live remotely, we treated ourselves to again more holidays.

519
00:21:26,080 --> 00:21:28,480
Speaker 2: Yeah okay, yeah, and that kind of offset the hours

520
00:21:28,600 --> 00:21:30,160
Speaker 2: and what I was working. So at this point, I'm

521
00:21:30,200 --> 00:21:33,920
Speaker 2: working sixty hours a week, living on site, giving everything

522
00:21:34,000 --> 00:21:37,639
Speaker 2: I could to this role. Unfortunately, in twenty nineteen, I

523
00:21:37,840 --> 00:21:40,480
Speaker 2: was thirty one, and not that the age matters, but

524
00:21:40,640 --> 00:21:42,760
Speaker 2: I got sat down and had a conversation about how

525
00:21:43,560 --> 00:21:45,720
Speaker 2: a thirty one year old female will probably want children

526
00:21:45,760 --> 00:21:49,000
Speaker 2: one day and that this role is not suitable excuse me,

527
00:21:49,520 --> 00:21:54,520
Speaker 2: and it crushed my soul. Like I worked for this

528
00:21:54,600 --> 00:21:59,399
Speaker 2: company for six years, and my entire identity was this

529
00:21:59,560 --> 00:22:03,560
Speaker 2: business and this company, Oh my god, the tea.

530
00:22:04,200 --> 00:22:07,159
Speaker 3: After this, I'm getting the name of this company, I

531
00:22:07,320 --> 00:22:08,360
Speaker 3: am snooping.

532
00:22:08,720 --> 00:22:10,800
Speaker 2: And it was really hard because, like I like I

533
00:22:10,920 --> 00:22:13,000
Speaker 2: understood because they thought from an operational point of view,

534
00:22:13,080 --> 00:22:15,639
Speaker 2: like living on site, potentially having children. But you know,

535
00:22:16,119 --> 00:22:17,440
Speaker 2: I told myself, okay.

536
00:22:17,359 --> 00:22:19,639
Speaker 3: Sorry you no, no, no, no no no. Do you

537
00:22:19,720 --> 00:22:21,520
Speaker 3: know what I would have in that instance? Do you

538
00:22:21,560 --> 00:22:23,879
Speaker 3: know what we're doing? We're lying? Oh, thanks so much

539
00:22:23,960 --> 00:22:27,560
Speaker 3: for bringing that up. So awkward. I'm actually infertile and

540
00:22:27,840 --> 00:22:29,280
Speaker 3: I don't want to have children.

541
00:22:29,400 --> 00:22:31,720
Speaker 2: And look, I've thought about this so many times, like

542
00:22:31,920 --> 00:22:34,879
Speaker 2: it's I've repeated in my head this entire conversation of

543
00:22:35,000 --> 00:22:36,040
Speaker 2: what I should have done.

544
00:22:36,280 --> 00:22:39,440
Speaker 3: Oh yeah, and like everything's better in retrospect, right, Like, oh,

545
00:22:39,560 --> 00:22:41,320
Speaker 3: the things I would say to the amount of people

546
00:22:41,320 --> 00:22:43,760
Speaker 3: who have been rude to me. I've got great clapbacks,

547
00:22:44,040 --> 00:22:45,520
Speaker 3: I just don't have them when I need them.

548
00:22:45,680 --> 00:22:47,920
Speaker 2: That's exactly right. I was just I was shocked. I

549
00:22:48,080 --> 00:22:49,880
Speaker 2: honestly thought I was going in to have a meeting

550
00:22:49,920 --> 00:22:52,320
Speaker 2: with them to talk to me about career progression and

551
00:22:52,480 --> 00:22:56,040
Speaker 2: essentially that they had found a new replacement for my role,

552
00:22:56,359 --> 00:22:58,879
Speaker 2: which they legally could do. Look, there was a lot

553
00:22:58,880 --> 00:23:00,680
Speaker 2: of questions about whether I could have fought them for this.

554
00:23:01,080 --> 00:23:04,119
Speaker 2: I didn't have the resources to fight this company this size.

555
00:23:04,760 --> 00:23:07,480
Speaker 2: You know, they had hired other people before as like

556
00:23:07,920 --> 00:23:12,400
Speaker 2: roving roles, so it was legal, just very questionable anyway,

557
00:23:12,480 --> 00:23:14,600
Speaker 2: So I was told that I needed to find myself

558
00:23:14,640 --> 00:23:17,520
Speaker 2: a new role somewhere within the company if I wanted to,

559
00:23:17,680 --> 00:23:21,040
Speaker 2: but just not at that level. So I kind of

560
00:23:21,119 --> 00:23:24,240
Speaker 2: bided my time. I took a project's role at this point,

561
00:23:24,480 --> 00:23:26,399
Speaker 2: and the irony of all of this when they actually

562
00:23:26,520 --> 00:23:28,800
Speaker 2: told me this in a meeting, which obviously they would

563
00:23:28,800 --> 00:23:31,160
Speaker 2: never say outlie that they said I was actually eight

564
00:23:31,200 --> 00:23:33,120
Speaker 2: weeks pregnant, but I didn't know yet.

565
00:23:33,600 --> 00:23:37,440
Speaker 3: Oh my god, I have thoughts and feelings, but this

566
00:23:37,640 --> 00:23:39,800
Speaker 3: is your story. So to what happened next, I'm.

567
00:23:39,680 --> 00:23:42,160
Speaker 2: Sure similar to every other female, I ended up having

568
00:23:42,160 --> 00:23:43,440
Speaker 2: a non viable pregnancy.

569
00:23:43,840 --> 00:23:48,359
Speaker 3: No, no, no, no, that don't justify. That's shit.

570
00:23:48,480 --> 00:23:50,359
Speaker 2: Yep. So I centally've been moved out of my role

571
00:23:50,440 --> 00:23:52,399
Speaker 2: that I feel like I'd given everything to It was

572
00:23:52,440 --> 00:23:55,680
Speaker 2: my identity. I just had a miscarriage. I needed to

573
00:23:55,720 --> 00:23:57,760
Speaker 2: travel because I was remote. I had to go two

574
00:23:57,840 --> 00:24:00,800
Speaker 2: hours to the closest hospital to have a DNC, you know,

575
00:24:01,280 --> 00:24:03,119
Speaker 2: trying to explain where I was like, it was just

576
00:24:03,400 --> 00:24:05,160
Speaker 2: it was a lot, and my husband and I were

577
00:24:05,240 --> 00:24:06,600
Speaker 2: not in a great place because he's like, you need

578
00:24:06,680 --> 00:24:09,040
Speaker 2: to fight this. They can't do that, and I just couldn't.

579
00:24:09,200 --> 00:24:12,320
Speaker 3: I just sorry, Like going through a miscarriage is one thing.

580
00:24:12,640 --> 00:24:14,480
Speaker 3: I do not have the energy to fight. You, Like,

581
00:24:14,560 --> 00:24:17,000
Speaker 3: I'm not fighting anybody. We're not like, we're not, we're not.

582
00:24:17,080 --> 00:24:19,159
Speaker 3: I'm busy. I'm out of office.

583
00:24:19,359 --> 00:24:22,040
Speaker 2: Yeah, So it was this horrendous time at this point

584
00:24:22,080 --> 00:24:25,520
Speaker 2: in time. So but I, like I said, then randomly

585
00:24:25,600 --> 00:24:27,440
Speaker 2: got a call. I was actually on my way back

586
00:24:27,480 --> 00:24:29,720
Speaker 2: from the hospital in the car and I kept getting

587
00:24:29,720 --> 00:24:31,480
Speaker 2: this random phone number. I was like, oh, wait, go away.

588
00:24:31,800 --> 00:24:33,680
Speaker 2: Two days later, I finally answered this phone call and

589
00:24:33,720 --> 00:24:35,520
Speaker 2: it's a lovely gentleman who called me to say I

590
00:24:35,600 --> 00:24:37,680
Speaker 2: own a venue on the Sunshine Coast and I really

591
00:24:37,720 --> 00:24:41,240
Speaker 2: want you as my GM. And I just just I

592
00:24:41,359 --> 00:24:44,159
Speaker 2: almost cried. I laughed. I didn't. I didn't know what

593
00:24:44,320 --> 00:24:46,119
Speaker 2: had happened. And I said, how did you find me?

594
00:24:46,240 --> 00:24:48,560
Speaker 2: And he goes, oh, I've asked around and they've said that,

595
00:24:48,720 --> 00:24:51,400
Speaker 2: you know, you work in this industry. You're very good

596
00:24:51,440 --> 00:24:54,600
Speaker 2: at weddings. It's your niche to Are you open to

597
00:24:54,640 --> 00:24:55,200
Speaker 2: a conversation.

598
00:24:55,800 --> 00:24:58,639
Speaker 3: Yes, I'm so open to the conversation. Let's talk, I.

599
00:24:58,760 --> 00:25:00,520
Speaker 2: Know, but actually you'll be I don't know if I'm

600
00:25:00,560 --> 00:25:02,520
Speaker 2: still proud of this because it worked out or it

601
00:25:02,560 --> 00:25:04,159
Speaker 2: was probably the dumbest thing I've ever done. I had

602
00:25:04,200 --> 00:25:07,600
Speaker 2: a conversation with him and I was so blunt and

603
00:25:08,359 --> 00:25:11,520
Speaker 2: I actually said, what is your stance on female general

604
00:25:11,560 --> 00:25:13,800
Speaker 2: managers who wish to have a family, What does your

605
00:25:13,840 --> 00:25:16,800
Speaker 2: maternity leave options? What are you paying and what do

606
00:25:16,880 --> 00:25:18,920
Speaker 2: you expect from me? And what is the worst day

607
00:25:18,960 --> 00:25:21,960
Speaker 2: I can have in this role, and he like it

608
00:25:22,040 --> 00:25:25,120
Speaker 2: took him a minute, and you know his middle aged

609
00:25:25,160 --> 00:25:27,440
Speaker 2: has no children, never been married. So I was like,

610
00:25:27,600 --> 00:25:29,920
Speaker 2: I don't know you, and I'm not going to come

611
00:25:30,000 --> 00:25:31,919
Speaker 2: work for you if I don't know your value. Straight

612
00:25:31,960 --> 00:25:34,000
Speaker 2: off to that hope fair Now they're probably obviously could

613
00:25:34,000 --> 00:25:35,720
Speaker 2: have ended well because he was like, maybe I don't

614
00:25:35,720 --> 00:25:37,359
Speaker 2: want to give you the job. You seem a little crazy,

615
00:25:37,600 --> 00:25:40,159
Speaker 2: which was fair, but he answered all of it, and

616
00:25:40,640 --> 00:25:43,639
Speaker 2: I negotiated a forty thousand dollars pay increase to what

617
00:25:43,720 --> 00:25:45,760
Speaker 2: I was earning. Get a queen.

618
00:25:46,160 --> 00:25:48,040
Speaker 3: See what is meant for you? Is not going to

619
00:25:48,080 --> 00:25:48,440
Speaker 3: miss you.

620
00:25:48,920 --> 00:25:53,080
Speaker 2: Literally sad belittled me, who had crushed her soul, was

621
00:25:53,200 --> 00:25:53,760
Speaker 2: just then mad.

622
00:25:53,920 --> 00:25:57,719
Speaker 3: I was all mad, and yes, yes, we work on Spie.

623
00:25:58,400 --> 00:26:00,560
Speaker 2: Yes, so I actually and then he's like, well you're

624
00:26:00,600 --> 00:26:03,320
Speaker 2: relocating because I said, well, look I'm living in regional Queensland.

625
00:26:03,560 --> 00:26:04,879
Speaker 2: I'm going to take me a while to get there.

626
00:26:04,920 --> 00:26:07,360
Speaker 2: He's like, how much will it cost me to get

627
00:26:07,440 --> 00:26:10,920
Speaker 2: you here in two weeks? So I picked a number

628
00:26:11,000 --> 00:26:13,280
Speaker 2: out of the sky. So I ended up being off

629
00:26:13,320 --> 00:26:15,120
Speaker 2: at a salary at one hundred and twenty thousand dollars

630
00:26:15,160 --> 00:26:17,480
Speaker 2: plus a forty thousand dollars relocation.

631
00:26:17,400 --> 00:26:19,040
Speaker 3: Forty thousand dollars to relocate.

632
00:26:19,160 --> 00:26:20,920
Speaker 2: Yeah, I don't think offts about five hundred dollars.

633
00:26:20,920 --> 00:26:23,520
Speaker 3: But that's not the point. That is not the point.

634
00:26:24,720 --> 00:26:26,920
Speaker 3: Oh my god, you're an icon.

635
00:26:27,080 --> 00:26:29,639
Speaker 2: Because I've actually worked out that what I didn't need

636
00:26:29,720 --> 00:26:31,399
Speaker 2: for relocation is I guess I knew I was going

637
00:26:31,480 --> 00:26:32,600
Speaker 2: to try and have a family, and I knew that

638
00:26:32,680 --> 00:26:35,080
Speaker 2: he wouldn't pay maternity leave. That's fine, it's so small business.

639
00:26:35,200 --> 00:26:37,119
Speaker 2: I respect that. But I was like, well, if I

640
00:26:37,160 --> 00:26:38,960
Speaker 2: can get a good signing bonus, I can put that

641
00:26:39,040 --> 00:26:41,480
Speaker 2: aside and that can kind of cover if and when

642
00:26:41,520 --> 00:26:43,640
Speaker 2: I have children. But he didn't know that it wasn't

643
00:26:43,640 --> 00:26:44,640
Speaker 2: costing you that much money.

644
00:26:44,760 --> 00:26:47,000
Speaker 3: It's not his business. Sorry, that was my rate. You

645
00:26:47,040 --> 00:26:48,720
Speaker 3: actually don't have to pay it, Like, you don't have

646
00:26:48,800 --> 00:26:50,560
Speaker 3: to hire me. That's fine. These are just my rates

647
00:26:50,600 --> 00:26:53,879
Speaker 3: if you want me, And he did and he did so.

648
00:26:54,080 --> 00:26:56,720
Speaker 2: Two weeks later, we packed up our life and we moved,

649
00:26:56,760 --> 00:26:58,199
Speaker 2: and we were really lucky because we did come back

650
00:26:58,200 --> 00:26:59,920
Speaker 2: to the Sunshine Coast, which we actually have family.

651
00:27:00,240 --> 00:27:03,280
Speaker 3: Stop it that I was like, this is getting worse.

652
00:27:03,359 --> 00:27:05,119
Speaker 3: This is getting worse. This is not good. And then

653
00:27:05,280 --> 00:27:07,240
Speaker 3: like you pulled the rabbit out of the hat and

654
00:27:07,280 --> 00:27:09,280
Speaker 3: I was like, oh my god, get an icon and

655
00:27:09,440 --> 00:27:12,639
Speaker 3: nothing feels a woman like spiked. No it doesn't, but

656
00:27:13,119 --> 00:27:15,479
Speaker 3: I think the kicker for funny of going. And then

657
00:27:15,560 --> 00:27:17,639
Speaker 3: we moved to the coast and I've literally taken on

658
00:27:17,680 --> 00:27:19,880
Speaker 3: a brand new role. I've committed myself. You know, I've

659
00:27:19,880 --> 00:27:22,480
Speaker 3: said I'm worth this much money. You got pregnant, didn't you?

660
00:27:22,800 --> 00:27:24,680
Speaker 2: No, six weeks later COVID happened.

661
00:27:24,880 --> 00:27:28,840
Speaker 3: Oh, pregnant. I would have been like good, Like in

662
00:27:28,960 --> 00:27:32,159
Speaker 3: my head, I'm just like good, the more babies the better, Like, yeah, no,

663
00:27:32,320 --> 00:27:37,080
Speaker 3: pregnant probably would have been easier than COVID. Actually, no,

664
00:27:37,240 --> 00:27:39,159
Speaker 3: you know what, I would take pregnant over COVID. And

665
00:27:39,240 --> 00:27:41,240
Speaker 3: do you know what, I hate being pregnant.

666
00:27:41,320 --> 00:27:43,120
Speaker 2: I know. Actually that's a tough call. I also hated

667
00:27:43,160 --> 00:27:46,000
Speaker 2: being pregnant. So COVID hit. What happened. The venue that

668
00:27:46,000 --> 00:27:48,200
Speaker 2: I worked for specifically is weddings and events, does have

669
00:27:48,240 --> 00:27:50,760
Speaker 2: onsie accommodation and kind of things, but for the most part,

670
00:27:50,880 --> 00:27:53,439
Speaker 2: we essentially then had six months we were closed. Now

671
00:27:54,720 --> 00:27:57,720
Speaker 2: very grateful we were in Queensland obviously compared to Victoria.

672
00:27:57,840 --> 00:28:00,040
Speaker 2: But it was actually a really good test because I

673
00:28:00,119 --> 00:28:01,879
Speaker 2: didn't know this person that I was working for. I

674
00:28:01,920 --> 00:28:04,320
Speaker 2: didn't know his values, what was going to happen. And

675
00:28:04,880 --> 00:28:07,680
Speaker 2: he was like, absolutely not, we need our team, this

676
00:28:07,840 --> 00:28:10,280
Speaker 2: will lift I don't know how long he probably was

677
00:28:10,320 --> 00:28:12,359
Speaker 2: a little preemptive of he thought this would only be

678
00:28:12,440 --> 00:28:16,000
Speaker 2: a few weeks, and he still paid us all in full,

679
00:28:16,200 --> 00:28:20,000
Speaker 2: irrespective of job keeper, and I think for that, I

680
00:28:20,160 --> 00:28:22,679
Speaker 2: was just like, oh, you're actually a really good person.

681
00:28:23,080 --> 00:28:25,760
Speaker 2: And the previous company that I'd worked for, they would

682
00:28:25,840 --> 00:28:28,919
Speaker 2: never know they made about one hundred redundancies. They literally

683
00:28:29,040 --> 00:28:30,520
Speaker 2: cleaned fifty percent of their team.

684
00:28:30,800 --> 00:28:33,120
Speaker 3: So you know, when you just go I dodged a bullet.

685
00:28:33,520 --> 00:28:35,800
Speaker 2: Yes, absolutely, And I mean you always say that you

686
00:28:35,920 --> 00:28:37,000
Speaker 2: just never know it at the time.

687
00:28:37,400 --> 00:28:39,080
Speaker 3: No, no, no, you never know it at the time.

688
00:28:39,160 --> 00:28:41,560
Speaker 3: And that's like it's the worst part about it, right,

689
00:28:41,640 --> 00:28:43,640
Speaker 3: And that's why I'm always like saying things like, look,

690
00:28:43,720 --> 00:28:45,440
Speaker 3: what is meant for you is never going to miss you,

691
00:28:45,680 --> 00:28:47,640
Speaker 3: because those are the things that you need to remember

692
00:28:47,680 --> 00:28:50,360
Speaker 3: when you're having a trashy time, because you're going to

693
00:28:50,400 --> 00:28:52,160
Speaker 3: look back on the trashy time and be like, Okay,

694
00:28:52,400 --> 00:28:54,680
Speaker 3: there was such a good reason that this happened, and

695
00:28:54,760 --> 00:28:57,800
Speaker 3: at the time there's no clarity, like you go, this

696
00:28:58,040 --> 00:29:00,280
Speaker 3: is a joke. I hate this. I don't know why

697
00:29:00,320 --> 00:29:01,800
Speaker 3: it's happening to me while with me, and then you

698
00:29:01,840 --> 00:29:04,480
Speaker 3: look back and you go, that was so pivotal in

699
00:29:04,640 --> 00:29:07,680
Speaker 3: helping me develop my personality and my self confidence and

700
00:29:07,760 --> 00:29:10,000
Speaker 3: getting me to this part of life that I am

701
00:29:10,040 --> 00:29:11,760
Speaker 3: now so grateful to be in and I never would

702
00:29:11,760 --> 00:29:13,760
Speaker 3: have taken the leap without it. But you can't see

703
00:29:13,800 --> 00:29:15,480
Speaker 3: that at the time. Absolutely not.

704
00:29:15,840 --> 00:29:17,600
Speaker 2: You never can. And do you know what it did

705
00:29:17,680 --> 00:29:20,480
Speaker 2: shape me? Because like I am a better leader to

706
00:29:20,600 --> 00:29:22,800
Speaker 2: my team now because of that, And I'm actually really

707
00:29:22,840 --> 00:29:24,560
Speaker 2: glad because then when I had a family, I was like,

708
00:29:24,600 --> 00:29:26,160
Speaker 2: do you know what, I can set the standard of

709
00:29:26,320 --> 00:29:29,360
Speaker 2: a flexible working arrangement and not just saying that, like, actually,

710
00:29:29,800 --> 00:29:31,040
Speaker 2: do you know what if you're half an hour late

711
00:29:31,080 --> 00:29:33,760
Speaker 2: because you've had a really crappy jacare drop off for

712
00:29:33,920 --> 00:29:36,680
Speaker 2: no reason, that's fine, I get it. But I think

713
00:29:36,720 --> 00:29:39,200
Speaker 2: had I stayed and tried to force having a family

714
00:29:39,320 --> 00:29:41,800
Speaker 2: with someone inherently knowing that they were not supportive of that,

715
00:29:42,680 --> 00:29:45,360
Speaker 2: it would have just hurt me longer in the long run,

716
00:29:45,560 --> 00:29:47,400
Speaker 2: so and it would have hurt my family. So it

717
00:29:47,600 --> 00:29:50,560
Speaker 2: sucked at the time, but actually has now made my

718
00:29:51,120 --> 00:29:53,920
Speaker 2: life and my family and my actual happiness so much

719
00:29:54,120 --> 00:29:57,200
Speaker 2: better because the grass is green. Are like, actually, for

720
00:29:57,320 --> 00:29:59,080
Speaker 2: me getting out it was the best thing, but I

721
00:29:59,160 --> 00:30:01,000
Speaker 2: didn't realize that until I was out.

722
00:30:01,240 --> 00:30:03,400
Speaker 3: Yeah yeah, but like you can't write, and that's why

723
00:30:03,480 --> 00:30:07,560
Speaker 3: we say hindsight is twenty twenty. So then what COVID

724
00:30:07,640 --> 00:30:10,800
Speaker 3: comes lifts You've kept your job. Money win, money wins.

725
00:30:10,880 --> 00:30:12,960
Speaker 3: So but also in moving back.

726
00:30:12,840 --> 00:30:14,560
Speaker 2: To the coast at start of twenty twenty, we also

727
00:30:14,600 --> 00:30:16,880
Speaker 2: put an offer on a house, our first house, because

728
00:30:16,960 --> 00:30:19,160
Speaker 2: my husband had just saved a fair amount of money.

729
00:30:19,320 --> 00:30:21,040
Speaker 3: I love this husband of yours. He sounds like he's

730
00:30:21,040 --> 00:30:22,160
Speaker 3: got like his head screwed on.

731
00:30:22,360 --> 00:30:25,040
Speaker 2: He does, thank goodness. So like I'm the outgoing, vivacious

732
00:30:25,040 --> 00:30:26,959
Speaker 2: one that has a wonderful time, and I bring him

733
00:30:27,000 --> 00:30:29,200
Speaker 2: along for that, Like he couldn't book a flight to

734
00:30:29,240 --> 00:30:30,960
Speaker 2: save his life, so if he had met me, he

735
00:30:31,000 --> 00:30:34,760
Speaker 2: would have never left the country. But so I bring

736
00:30:34,880 --> 00:30:38,040
Speaker 2: the fun, he brings the bank balance. So we like

737
00:30:38,200 --> 00:30:38,760
Speaker 2: work together.

738
00:30:38,840 --> 00:30:40,440
Speaker 3: Well do you know what partnership?

739
00:30:41,040 --> 00:30:43,760
Speaker 2: So he had saved one hundred and twenty thousand dollars

740
00:30:44,160 --> 00:30:48,000
Speaker 2: by little okay king when you earn one hundred grand

741
00:30:48,200 --> 00:30:51,080
Speaker 2: every year for three years and you have zero our goings.

742
00:30:51,160 --> 00:30:53,400
Speaker 2: So I like to say that I helped save for

743
00:30:53,480 --> 00:30:55,800
Speaker 2: our house deposit by the job that I had that

744
00:30:56,040 --> 00:31:00,280
Speaker 2: gave us a house and like internet, water utilities, so

745
00:31:00,560 --> 00:31:02,920
Speaker 2: where it's his income obviously provided us the cash to

746
00:31:02,960 --> 00:31:05,560
Speaker 2: be able to save. So he was really lovely where

747
00:31:05,600 --> 00:31:07,640
Speaker 2: he saw that as a joint savings because he saw

748
00:31:07,720 --> 00:31:10,440
Speaker 2: I guess what, I probably mentally and physically sacrificed in

749
00:31:10,560 --> 00:31:11,640
Speaker 2: that role to get it.

750
00:31:11,760 --> 00:31:13,480
Speaker 3: At the end of the day's partnership. And it doesn't

751
00:31:13,520 --> 00:31:15,320
Speaker 3: matter how other people see it. It's just how you

752
00:31:15,440 --> 00:31:16,880
Speaker 3: guys see it, And as long as you're on the

753
00:31:16,880 --> 00:31:18,640
Speaker 3: same page, I don't care exactly.

754
00:31:18,720 --> 00:31:21,120
Speaker 2: So I'm like, I'm very grateful because I physically would

755
00:31:21,160 --> 00:31:23,880
Speaker 2: never have had a house without him. But I also

756
00:31:24,040 --> 00:31:26,280
Speaker 2: know that, yeah, he may not have ever saved that

757
00:31:26,440 --> 00:31:29,160
Speaker 2: volume of money without me and the role that I had.

758
00:31:29,240 --> 00:31:32,080
Speaker 2: So we very much respect each other in the way

759
00:31:32,200 --> 00:31:35,560
Speaker 2: that we benefit our family in different things that we do.

760
00:31:36,240 --> 00:31:38,720
Speaker 2: So we were very fortunate though. Yeah. February twenty twenty,

761
00:31:38,840 --> 00:31:42,440
Speaker 2: we purchased our first house. We didn't know COVID was coming,

762
00:31:42,560 --> 00:31:45,640
Speaker 2: so everyone that says, oh, my goodness, you're so lucky. Yes,

763
00:31:45,960 --> 00:31:48,120
Speaker 2: but I guess at the time all of our friends

764
00:31:48,160 --> 00:31:50,480
Speaker 2: had two years prior bought a house in Queensland for

765
00:31:50,920 --> 00:31:53,800
Speaker 2: four hundred five hundred thousand. We were now looking at

766
00:31:54,000 --> 00:31:56,360
Speaker 2: six to seven hundred because the market had gone up,

767
00:31:56,440 --> 00:31:58,560
Speaker 2: so we didn't feel lucky at the time. We were like, oh,

768
00:31:58,640 --> 00:32:02,680
Speaker 2: we're behind, you've stooged yees. So we capped our budget

769
00:32:02,680 --> 00:32:04,920
Speaker 2: out at six fifty. We're very fortunate to buy a

770
00:32:04,960 --> 00:32:08,080
Speaker 2: house six hundred and fifty thousand, and he works in healthcare,

771
00:32:08,480 --> 00:32:10,880
Speaker 2: so our broker told us at the time we actually

772
00:32:11,000 --> 00:32:14,480
Speaker 2: needed ten percent deposits, so that was really great. I

773
00:32:14,520 --> 00:32:16,320
Speaker 2: guess I want to say this that we also didn't

774
00:32:16,400 --> 00:32:18,800
Speaker 2: know how to buy a house. We googled how to

775
00:32:18,960 --> 00:32:20,480
Speaker 2: buy a house? Do you know what?

776
00:32:21,000 --> 00:32:23,680
Speaker 3: I'm currently working on an online course for literally that

777
00:32:23,800 --> 00:32:26,320
Speaker 3: I own a mortgage breaking business and you probably already

778
00:32:26,400 --> 00:32:28,520
Speaker 3: know that. So like, I talk to people about doing

779
00:32:28,600 --> 00:32:30,920
Speaker 3: this every day, but like, how do you know how

780
00:32:31,000 --> 00:32:33,800
Speaker 3: to buy a house? Like it's even like that first

781
00:32:33,840 --> 00:32:35,800
Speaker 3: conversation with a real estate agent, like you pick up

782
00:32:35,800 --> 00:32:37,360
Speaker 3: the phone you've seen them on real estate to COMMU

783
00:32:37,360 --> 00:32:39,080
Speaker 3: You're like, can I come for an inspection? And then

784
00:32:39,120 --> 00:32:40,920
Speaker 3: you like it, and it's like what do I ask next?

785
00:32:41,000 --> 00:32:43,560
Speaker 3: Like do you go, oh, hey, real estate agent, can

786
00:32:43,960 --> 00:32:44,480
Speaker 3: I have this one?

787
00:32:44,720 --> 00:32:45,160
Speaker 2: Or no?

788
00:32:45,520 --> 00:32:48,320
Speaker 3: Like exactly what do I ask for? And then I'm like, okay, cool,

789
00:32:48,360 --> 00:32:49,800
Speaker 3: So need you ask for this, this, this, and this

790
00:32:49,920 --> 00:32:52,000
Speaker 3: and a section thirty two? And everyone's like wait, what

791
00:32:52,640 --> 00:32:54,840
Speaker 3: like you just don't know, you just don't know.

792
00:32:54,920 --> 00:32:56,800
Speaker 2: And so I understood going like we'd rented a lot,

793
00:32:56,840 --> 00:32:57,880
Speaker 2: so I'm like, I know how to go and look

794
00:32:57,880 --> 00:32:59,600
Speaker 2: at a house and what I want to practically look for.

795
00:33:00,120 --> 00:33:01,840
Speaker 2: It was just like, how do we know how much

796
00:33:01,920 --> 00:33:03,760
Speaker 2: we can spend and how much is the bank going

797
00:33:03,840 --> 00:33:05,760
Speaker 2: to give us? And how does that work?

798
00:33:05,920 --> 00:33:06,720
Speaker 3: Did your broker help?

799
00:33:06,880 --> 00:33:09,200
Speaker 2: Yes? The broker did help. So prior to this, pretty

800
00:33:09,240 --> 00:33:11,280
Speaker 2: much all of our friends who are young professionals, had

801
00:33:11,320 --> 00:33:13,040
Speaker 2: bought a house. So we text them and was like,

802
00:33:13,160 --> 00:33:14,720
Speaker 2: how do we do this? And they were like, here's

803
00:33:14,720 --> 00:33:18,000
Speaker 2: the broker. Call them and they guided us through it. Thankfully,

804
00:33:18,040 --> 00:33:20,400
Speaker 2: they answered all of our ridiculous questions because I remember

805
00:33:20,480 --> 00:33:23,080
Speaker 2: saying when you put in the offer, they're like, what deposit?

806
00:33:23,160 --> 00:33:24,440
Speaker 2: And I'm like, oh, is this where we give the

807
00:33:24,520 --> 00:33:26,080
Speaker 2: ten percent? And they're like, no, no, no, you just

808
00:33:26,160 --> 00:33:28,080
Speaker 2: need to give us some cash deposit to hold it.

809
00:33:28,440 --> 00:33:30,520
Speaker 2: And I was like, okay, so do I give you

810
00:33:30,640 --> 00:33:33,240
Speaker 2: like two hundred dollars? Like how much do we give?

811
00:33:33,640 --> 00:33:36,400
Speaker 3: It's crazy, right, like you just don't know these things.

812
00:33:36,440 --> 00:33:38,360
Speaker 2: And I think that's what's really funny is there's this

813
00:33:38,520 --> 00:33:40,680
Speaker 2: idea that everybody knows how to do it, but actually

814
00:33:40,760 --> 00:33:43,120
Speaker 2: no one knows how to do it. And it's those

815
00:33:43,240 --> 00:33:44,360
Speaker 2: really simple questions.

816
00:33:44,880 --> 00:33:46,760
Speaker 3: But it's not silly. It's not silly. You didn't learn

817
00:33:46,760 --> 00:33:48,840
Speaker 3: about this in school, like your parents didn't teach you.

818
00:33:49,120 --> 00:33:49,920
Speaker 3: Who was going to teach you?

819
00:33:50,000 --> 00:33:50,040
Speaker 2: What?

820
00:33:50,160 --> 00:33:52,680
Speaker 3: Do you just get this information by osmosis because you

821
00:33:52,760 --> 00:33:55,360
Speaker 3: walked past a real estate agent once like no, no,

822
00:33:55,480 --> 00:33:56,960
Speaker 3: we've got to ask them and they're not silly.

823
00:33:57,160 --> 00:33:59,160
Speaker 2: So we were really lucky that yes, we did buy

824
00:33:59,240 --> 00:34:01,920
Speaker 2: before COVID. We actual settled in COVID, so we actually

825
00:34:01,920 --> 00:34:04,080
Speaker 2: had to get permission to move at this point in time,

826
00:34:04,400 --> 00:34:06,400
Speaker 2: and we actually questioned should we just forgo it? Like

827
00:34:06,560 --> 00:34:08,480
Speaker 2: is the asking to fall out of the market, which

828
00:34:08,480 --> 00:34:10,919
Speaker 2: everyone kind of thought. And then our real estate agent

829
00:34:10,960 --> 00:34:12,839
Speaker 2: was actually really good and she was like, well, if

830
00:34:12,880 --> 00:34:15,560
Speaker 2: you need somewhere to live, it's not a bad investment.

831
00:34:15,560 --> 00:34:17,640
Speaker 2: If you were looking at flipping houses, then maybe not,

832
00:34:18,000 --> 00:34:21,560
Speaker 2: but you know. And then obviously it went boom, which

833
00:34:21,640 --> 00:34:24,480
Speaker 2: no one again knew. But we were then very fortunate

834
00:34:24,560 --> 00:34:27,120
Speaker 2: that we had a house. We kept our jobs again,

835
00:34:27,160 --> 00:34:29,640
Speaker 2: my husband working in healthcare, were more hours than less,

836
00:34:30,400 --> 00:34:33,480
Speaker 2: so we were okay, but we didn't loan more. We

837
00:34:33,719 --> 00:34:36,400
Speaker 2: were oftened quite a high pre approval, but we went

838
00:34:36,480 --> 00:34:38,360
Speaker 2: for six fifty because we knew we could pay for

839
00:34:38,440 --> 00:34:41,600
Speaker 2: that on one income. We wanted to have a family.

840
00:34:41,800 --> 00:34:45,080
Speaker 3: Yeah, great, and that probably proved to be a very

841
00:34:45,120 --> 00:34:47,000
Speaker 3: good purchase. I'm going to ask you a little bit

842
00:34:47,000 --> 00:34:49,560
Speaker 3: more about that later in the show. So you've bought

843
00:34:49,560 --> 00:34:51,959
Speaker 3: the house in February twenty twenty, get me up to speed.

844
00:34:52,040 --> 00:34:54,000
Speaker 3: Then you had babies, babies.

845
00:34:54,239 --> 00:34:56,800
Speaker 2: I've had one first baby twenty twenty one, so I

846
00:34:56,840 --> 00:34:59,400
Speaker 2: did actually have another miscarriage before that, so I met Sorry,

847
00:35:00,320 --> 00:35:03,160
Speaker 2: oh that's okay, another non viable Absolutely fine, But.

848
00:35:03,239 --> 00:35:05,040
Speaker 3: Again I just like to say it because I think

849
00:35:05,080 --> 00:35:07,120
Speaker 3: it's not absolutely fine. But we need to talk about

850
00:35:07,120 --> 00:35:09,120
Speaker 3: this stuff, like if we're talking about pregnancy, I'm just

851
00:35:09,200 --> 00:35:11,280
Speaker 3: so glad that we are now more open with talking

852
00:35:11,320 --> 00:35:14,080
Speaker 3: about it because when I had my first miscarriage, I

853
00:35:14,160 --> 00:35:15,360
Speaker 3: thought there was something wrong with me.

854
00:35:15,800 --> 00:35:17,640
Speaker 2: And that's the thing I think it's so important to

855
00:35:17,719 --> 00:35:20,440
Speaker 2: also highlight, like female should talk about finance and they

856
00:35:20,480 --> 00:35:23,440
Speaker 2: should talk about their ovaries. Good bad are indifferent, and

857
00:35:23,560 --> 00:35:25,560
Speaker 2: I'm a staunch believer in both of that. So when

858
00:35:25,600 --> 00:35:27,640
Speaker 2: I say it's fine, as in I was really lucky

859
00:35:27,640 --> 00:35:30,480
Speaker 2: where I didn't take a huge emotional impact. I was

860
00:35:30,560 --> 00:35:32,960
Speaker 2: quite like, great, my body decided this is not the

861
00:35:33,000 --> 00:35:34,880
Speaker 2: time for me. Sure, no worries. And that's where I

862
00:35:34,960 --> 00:35:36,880
Speaker 2: think I always like to call them a non.

863
00:35:36,840 --> 00:35:38,040
Speaker 3: Vible No, that's perfect.

864
00:35:38,239 --> 00:35:38,719
Speaker 1: I love that.

865
00:35:38,840 --> 00:35:40,520
Speaker 3: I've noticed that you were saying that. I was like, oh,

866
00:35:40,560 --> 00:35:41,719
Speaker 3: I really like that, because it's true.

867
00:35:41,760 --> 00:35:43,640
Speaker 2: It's true. I never made it to twelve weeks. We

868
00:35:43,800 --> 00:35:46,840
Speaker 2: just never had a heartbeat. It was essentially tried swinging

869
00:35:46,880 --> 00:35:48,880
Speaker 2: a miss and it was so Yes, I was pregnant,

870
00:35:48,880 --> 00:35:50,759
Speaker 2: but I guess I never want to devalue from someone

871
00:35:50,800 --> 00:35:53,759
Speaker 2: who has then a miscarriage at twelve weeks, twenty six weeks,

872
00:35:53,840 --> 00:35:56,040
Speaker 2: thirty weeks, and there's no better or worse.

873
00:35:56,200 --> 00:35:59,400
Speaker 3: We all have different experiences and you're not devaluing anybodies

874
00:35:59,480 --> 00:36:02,200
Speaker 3: by sharing yours. It's different.

875
00:36:02,360 --> 00:36:04,600
Speaker 2: Yeah, And that's the thing is like I speak about

876
00:36:04,640 --> 00:36:07,600
Speaker 2: mind the way that I do because that's my personal response,

877
00:36:07,640 --> 00:36:10,800
Speaker 2: and I was okay, but again it's not someone else's

878
00:36:10,800 --> 00:36:12,239
Speaker 2: and you should never devote. But I'm all like to

879
00:36:12,280 --> 00:36:14,640
Speaker 2: highlight it because it's just like, again, as a thirty

880
00:36:14,760 --> 00:36:17,200
Speaker 2: year old female, you were just going through the joys

881
00:36:17,239 --> 00:36:18,880
Speaker 2: of pregnant. You spent your whole life trying to not

882
00:36:18,960 --> 00:36:20,840
Speaker 2: get pregnant, and then you finally want to be pregnant

883
00:36:20,880 --> 00:36:21,600
Speaker 2: and it doesn't work.

884
00:36:21,800 --> 00:36:22,440
Speaker 3: It's a circus.

885
00:36:22,920 --> 00:36:25,680
Speaker 2: It's a circus. But yes, twenty twenty one I had

886
00:36:25,719 --> 00:36:29,480
Speaker 2: my first beautiful daughter as so she's now four, and

887
00:36:29,800 --> 00:36:33,400
Speaker 2: then twenty twenty three I had my second child, my son.

888
00:36:33,480 --> 00:36:35,160
Speaker 2: They're actually twenty months apart.

889
00:36:35,640 --> 00:36:37,000
Speaker 3: That's so exciting.

890
00:36:37,760 --> 00:36:39,560
Speaker 2: Wild is the only way I can describe it. But

891
00:36:39,840 --> 00:36:42,560
Speaker 2: so I guess from us. We went twenty twenty to

892
00:36:42,600 --> 00:36:46,120
Speaker 2: buying a house twenty twenty one, had a baby twenty

893
00:36:46,200 --> 00:36:49,160
Speaker 2: twenty two. We then someone floated the idea to us

894
00:36:49,200 --> 00:36:52,680
Speaker 2: and said, hey, you should use the equity in your house. Okay,

895
00:36:53,280 --> 00:36:57,160
Speaker 2: what does that word mean? So I literally emailed our brokeup,

896
00:36:57,680 --> 00:36:59,880
Speaker 2: what does equity mean? And what can I do with it?

897
00:37:00,160 --> 00:37:02,360
Speaker 2: I'm pretty sure I love this? No, no, no, I

898
00:37:02,480 --> 00:37:02,800
Speaker 2: love this.

899
00:37:03,719 --> 00:37:05,719
Speaker 3: Queen knew who'd ask that's all we need to do?

900
00:37:06,200 --> 00:37:08,120
Speaker 3: Get your team and create your village.

901
00:37:08,239 --> 00:37:10,120
Speaker 2: What do I do with this? Because we'd thought about

902
00:37:10,239 --> 00:37:12,560
Speaker 2: buying another investment, but again we'd also grown up with

903
00:37:12,600 --> 00:37:14,279
Speaker 2: the idea that you buy one house because that's all

904
00:37:14,320 --> 00:37:16,759
Speaker 2: you need. But we actually emailed him and again due

905
00:37:16,800 --> 00:37:19,440
Speaker 2: to COVID, thank you for the wonders of COVID, but

906
00:37:19,640 --> 00:37:22,840
Speaker 2: also it did provide us in Southeas Queensvent a huge boost.

907
00:37:22,920 --> 00:37:25,360
Speaker 2: So our six fifty house in two years went to

908
00:37:25,400 --> 00:37:28,279
Speaker 2: a nine hundred and fifty thousand dollar house. Money whim

909
00:37:28,840 --> 00:37:30,920
Speaker 2: So he says, you've got three hundred grand. Obviously you

910
00:37:30,960 --> 00:37:32,840
Speaker 2: can loan up to ninety percent of that, so you

911
00:37:32,920 --> 00:37:35,720
Speaker 2: can pull all of that out. And so we actually

912
00:37:35,760 --> 00:37:38,920
Speaker 2: then opted to buy an investment property. Now we actually

913
00:37:38,960 --> 00:37:41,279
Speaker 2: chose to buy in regional Queensland where we used to

914
00:37:41,440 --> 00:37:44,759
Speaker 2: sort of live before, because we knew the area, we

915
00:37:45,040 --> 00:37:47,400
Speaker 2: knew the local real estate, we knew the local handyman.

916
00:37:48,239 --> 00:37:51,400
Speaker 2: Would anyone else buy there? No, but it actually has

917
00:37:51,480 --> 00:37:55,440
Speaker 2: a huge vacancy rate because there's not a lot of stock.

918
00:37:55,640 --> 00:37:58,600
Speaker 2: I guess because it's a small town. We purchased a

919
00:37:58,719 --> 00:38:02,000
Speaker 2: price for two hundred and twenty thousand dollars, which I

920
00:38:02,040 --> 00:38:03,799
Speaker 2: think is wild because I'm sure people are thinking, where

921
00:38:03,800 --> 00:38:05,440
Speaker 2: on earth can you buy a house for two hundred

922
00:38:05,440 --> 00:38:06,359
Speaker 2: and twenty thousand dollars.

923
00:38:06,480 --> 00:38:08,600
Speaker 3: It's possible, it is, so tell me is it worth

924
00:38:08,640 --> 00:38:10,279
Speaker 3: two hundred and twenty thousand dollars today?

925
00:38:10,400 --> 00:38:12,200
Speaker 2: No, it is worth three hundred and eighty thousand.

926
00:38:12,680 --> 00:38:13,120
Speaker 3: Stop it.

927
00:38:14,280 --> 00:38:14,719
Speaker 2: Stop it.

928
00:38:14,880 --> 00:38:17,640
Speaker 3: You're an investing queen, and you were like, what equity high?

929
00:38:18,800 --> 00:38:20,160
Speaker 2: I can't wait for you to ask me what the

930
00:38:20,239 --> 00:38:23,279
Speaker 2: rental yield on that one is. It's currently tenanted for

931
00:38:23,440 --> 00:38:24,520
Speaker 2: three eighty a week.

932
00:38:24,840 --> 00:38:25,520
Speaker 3: Okay, great.

933
00:38:26,040 --> 00:38:27,520
Speaker 2: I was like, she's going to be so proud of me.

934
00:38:27,960 --> 00:38:29,839
Speaker 3: That is a very good rental yield.

935
00:38:30,280 --> 00:38:32,279
Speaker 2: We just wanted to buy our first investment property at

936
00:38:32,320 --> 00:38:34,680
Speaker 2: a very low risk. We're very risk adverse at this

937
00:38:34,760 --> 00:38:37,200
Speaker 2: point in time, you know, post COVID, we've got children,

938
00:38:37,840 --> 00:38:39,680
Speaker 2: and so let's test the waters of how does this

939
00:38:39,840 --> 00:38:42,880
Speaker 2: investment idea work in a property hence why we just

940
00:38:43,000 --> 00:38:46,480
Speaker 2: bought a very cheap in terms of low risks. So

941
00:38:46,520 --> 00:38:48,319
Speaker 2: we were like, if it's not tenative for six months,

942
00:38:48,400 --> 00:38:51,839
Speaker 2: that's okay. We can still afford the mortgage repayments on this. Yeah.

943
00:38:51,920 --> 00:38:54,200
Speaker 3: Yeah, And that's a really nice position to be in

944
00:38:54,280 --> 00:38:56,360
Speaker 3: and definitely something that I would want to be taking

945
00:38:56,400 --> 00:38:59,480
Speaker 3: into consideration. But like, sorry, I'm just watching your like

946
00:38:59,600 --> 00:39:02,960
Speaker 3: money story unfolding. Usually we have like a shorter part

947
00:39:03,040 --> 00:39:04,560
Speaker 3: at the part where we took about your money story

948
00:39:04,560 --> 00:39:06,279
Speaker 3: and then I ask all these questions. But like, I

949
00:39:06,360 --> 00:39:10,439
Speaker 3: have been watching your money story unfold from like being

950
00:39:10,480 --> 00:39:12,359
Speaker 3: on a farm in New South Wales and your mom

951
00:39:12,400 --> 00:39:15,040
Speaker 3: being like you can't stay here and she wanting better

952
00:39:15,120 --> 00:39:17,279
Speaker 3: for you, and like you being a red bull girl,

953
00:39:17,440 --> 00:39:20,520
Speaker 3: to buying your first property, getting some insane equity, getting

954
00:39:20,520 --> 00:39:24,000
Speaker 3: your first investment property. What happens now?

955
00:39:24,400 --> 00:39:27,000
Speaker 2: So now we have gone back to work full time.

956
00:39:27,080 --> 00:39:29,120
Speaker 2: We have two children. Both my husband and I work

957
00:39:29,200 --> 00:39:32,839
Speaker 2: full time. He is an incredible husband that does pick ups,

958
00:39:32,960 --> 00:39:35,319
Speaker 2: drop offs, he cooks, he cleans, so it makes all

959
00:39:35,360 --> 00:39:37,040
Speaker 2: of this possible, as so do I. Well for us

960
00:39:37,120 --> 00:39:41,520
Speaker 2: financially being working full time. We have just recently settled

961
00:39:41,600 --> 00:39:46,719
Speaker 2: on a second investment property. We decided about six months

962
00:39:46,760 --> 00:39:49,200
Speaker 2: ago that we're in our prime working and we can

963
00:39:49,360 --> 00:39:52,359
Speaker 2: see now the benefits that property is in Australia. Now,

964
00:39:52,400 --> 00:39:55,240
Speaker 2: there's part of me that has a moral and ethical

965
00:39:55,360 --> 00:39:57,400
Speaker 2: issue with stockpiling property.

966
00:39:57,480 --> 00:39:58,960
Speaker 3: It's a different story though it is.

967
00:39:59,040 --> 00:40:00,640
Speaker 2: But then I also look at it. We are purely

968
00:40:00,680 --> 00:40:01,560
Speaker 2: buying for rentals.

969
00:40:01,680 --> 00:40:03,719
Speaker 3: Well, you're buying, and you're buying for mental yield. But

970
00:40:03,800 --> 00:40:06,960
Speaker 3: then also there's a very big argument that you mentioned before.

971
00:40:07,000 --> 00:40:09,200
Speaker 3: And I don't know the property address, I haven't been

972
00:40:09,239 --> 00:40:10,840
Speaker 3: able to look at it, but you just told me

973
00:40:10,920 --> 00:40:13,880
Speaker 3: that you're buying in a lower socioeconomic area. And the

974
00:40:13,960 --> 00:40:16,279
Speaker 3: reality is we need a lot of rentals in that

975
00:40:16,400 --> 00:40:19,160
Speaker 3: space with landlords who are not idiots. We need a

976
00:40:19,200 --> 00:40:22,160
Speaker 3: lot of landlords who have empathy and kindness and are

977
00:40:22,360 --> 00:40:26,919
Speaker 3: happy to lease their properties out. Not because we want

978
00:40:27,000 --> 00:40:30,840
Speaker 3: to stockpile property, but the reality of those lower socioeconomic

979
00:40:30,880 --> 00:40:33,920
Speaker 3: areas is that those people are very unlikely to be

980
00:40:33,960 --> 00:40:36,400
Speaker 3: approved for a loan, they're unlikely to be able to

981
00:40:36,520 --> 00:40:38,520
Speaker 3: save a deposit, and they might not even have any

982
00:40:38,800 --> 00:40:41,560
Speaker 3: interest in getting into the property market in that way.

983
00:40:41,680 --> 00:40:45,720
Speaker 3: So our country literally needs rental properties on the market

984
00:40:46,120 --> 00:40:49,000
Speaker 3: owned by not idiots, and that's a good thing. But

985
00:40:49,120 --> 00:40:52,000
Speaker 3: you're right, stop piling as a different story. And it

986
00:40:52,080 --> 00:40:54,400
Speaker 3: all comes down to your ethics, Like if you're going

987
00:40:54,480 --> 00:40:56,360
Speaker 3: to be a landlord, just be a good one. Okay.

988
00:40:56,800 --> 00:40:59,719
Speaker 2: Yeah. And I'm actually funny now because I actually preference

989
00:41:00,040 --> 00:41:02,400
Speaker 2: people with children because I'm like, no, you need housings.

990
00:41:02,440 --> 00:41:04,600
Speaker 3: See see, I like that. Let's more of that.

991
00:41:05,000 --> 00:41:06,759
Speaker 2: Both of that tenants in both of our properties have

992
00:41:06,880 --> 00:41:09,200
Speaker 2: young kids. So we are now very fortunate as we

993
00:41:09,440 --> 00:41:11,520
Speaker 2: who go that we own our second investment property. But

994
00:41:11,600 --> 00:41:15,480
Speaker 2: we actually opted to buy in our local area because

995
00:41:15,760 --> 00:41:18,520
Speaker 2: I guess the capital growth in our area is quite

996
00:41:18,760 --> 00:41:21,239
Speaker 2: good and just to diversify. We didn't want to buy

997
00:41:21,239 --> 00:41:24,359
Speaker 2: again in another regional area, and it just to kind

998
00:41:24,400 --> 00:41:27,640
Speaker 2: of diversify the properties. So that was definitely a bigger purchase.

999
00:41:27,680 --> 00:41:31,680
Speaker 2: We actually purchased for nine hundred thousand dollars, which like

1000
00:41:31,800 --> 00:41:34,400
Speaker 2: five years ago was alarming to me. But now I

1001
00:41:34,480 --> 00:41:40,479
Speaker 2: guess our strategy is leveraging as much debt for investments as.

1002
00:41:40,440 --> 00:41:43,319
Speaker 3: Possible, and that is just so exciting. Like I want

1003
00:41:43,360 --> 00:41:45,560
Speaker 3: to go back and tell baby you who got her

1004
00:41:45,600 --> 00:41:49,560
Speaker 3: first credit card and like her husband contributed most of

1005
00:41:49,640 --> 00:41:53,000
Speaker 3: their deposit for your first home. That your first home

1006
00:41:53,040 --> 00:41:55,400
Speaker 3: that you purchased for six fifty which was like a stretch. Yes,

1007
00:41:55,480 --> 00:41:57,240
Speaker 3: you could have been improved for more, but was a stretch.

1008
00:41:57,360 --> 00:41:59,320
Speaker 3: By the way, You're going to buy an investment property

1009
00:41:59,400 --> 00:42:02,279
Speaker 3: in literally less than five years for nine hundred thousand dollars.

1010
00:42:02,280 --> 00:42:04,680
Speaker 3: So don't stress bad, don't stress like, isn't that crazy?

1011
00:42:04,920 --> 00:42:06,399
Speaker 2: It is so crazy. And I know that you think

1012
00:42:06,400 --> 00:42:08,520
Speaker 2: about it, well, that's just what the housing prices have

1013
00:42:08,600 --> 00:42:09,920
Speaker 2: done now. But I'm like, again, I was of the

1014
00:42:09,960 --> 00:42:13,279
Speaker 2: generation that like nine hundred million dollar houses were mansions.

1015
00:42:13,400 --> 00:42:15,480
Speaker 2: You know, we've just bought a three bedroom townhouse for

1016
00:42:15,600 --> 00:42:19,440
Speaker 2: nine hundred thousand. But still, I guess the idea now

1017
00:42:19,719 --> 00:42:21,080
Speaker 2: is that I said to my husband, I was like,

1018
00:42:21,120 --> 00:42:23,080
Speaker 2: I hope we're really committed together because we've got one

1019
00:42:23,120 --> 00:42:24,920
Speaker 2: point eight million dollars worth of debt together.

1020
00:42:25,200 --> 00:42:27,560
Speaker 3: Yeah, we in deep. We're in really deep. So tell

1021
00:42:27,600 --> 00:42:29,360
Speaker 3: me you're both full time? Now, how much are you

1022
00:42:29,480 --> 00:42:30,759
Speaker 3: earning and how much is he earning?

1023
00:42:30,840 --> 00:42:32,680
Speaker 2: So I in one hundred and thirty five thousand a

1024
00:42:32,800 --> 00:42:36,439
Speaker 2: year plus super and in hospit and in hospit, yes,

1025
00:42:36,600 --> 00:42:40,439
Speaker 2: because I which is very exciting, and I actually work

1026
00:42:40,480 --> 00:42:41,960
Speaker 2: a thirty eight hour week.

1027
00:42:42,320 --> 00:42:43,759
Speaker 3: You're crazy, but like I love it.

1028
00:42:43,880 --> 00:42:45,839
Speaker 2: I know it's wild. And so that's the thing. There

1029
00:42:45,920 --> 00:42:48,360
Speaker 2: is definitely hospo jobs that like in my area that

1030
00:42:48,480 --> 00:42:50,719
Speaker 2: you can get and push, you know, two hundred, two

1031
00:42:50,800 --> 00:42:53,120
Speaker 2: hundred and fifty if you're a GM of a big hotel,

1032
00:42:53,200 --> 00:42:56,200
Speaker 2: like a soft hotel, that kind of thing. But you

1033
00:42:56,520 --> 00:43:00,080
Speaker 2: work and you report to a big board internationally, and

1034
00:43:00,360 --> 00:43:02,200
Speaker 2: like I said, you kind of work sixty hours a week.

1035
00:43:02,320 --> 00:43:05,560
Speaker 2: So for me, that's not worth it for my salary,

1036
00:43:05,640 --> 00:43:07,560
Speaker 2: and the fact that I work a thirty eight hour

1037
00:43:07,680 --> 00:43:10,200
Speaker 2: week is valuable to me at this point in my life.

1038
00:43:10,400 --> 00:43:12,120
Speaker 3: And what does your husband do and how much does

1039
00:43:12,160 --> 00:43:12,400
Speaker 3: he earn?

1040
00:43:12,520 --> 00:43:14,000
Speaker 2: Yeah, so he works in healthcare and he works for

1041
00:43:14,200 --> 00:43:17,080
Speaker 2: Queensland Health so he earns one hundred and fifty thousand.

1042
00:43:17,239 --> 00:43:20,320
Speaker 3: Oh, how good. So you've got an epic duel income

1043
00:43:20,480 --> 00:43:23,719
Speaker 3: now and you're completely out of your maxed credit card.

1044
00:43:24,440 --> 00:43:26,560
Speaker 3: Tell me a bit more about what the future looks like.

1045
00:43:26,640 --> 00:43:29,480
Speaker 3: You've just purchased a nine hundred thousand dollar investment property.

1046
00:43:29,520 --> 00:43:31,880
Speaker 3: You already have another investment property, Like, what are your

1047
00:43:31,920 --> 00:43:34,400
Speaker 3: big money goals? Like, you're already married, you already have kids, Like,

1048
00:43:34,880 --> 00:43:37,279
Speaker 3: are their big ticket things that you're like, we're really

1049
00:43:37,360 --> 00:43:38,479
Speaker 3: working towards XVE.

1050
00:43:38,800 --> 00:43:40,520
Speaker 2: I actually had a thought about this, So I think

1051
00:43:40,719 --> 00:43:43,160
Speaker 2: my personal big money goal, which is it is a

1052
00:43:43,239 --> 00:43:45,720
Speaker 2: short term one. So I'm currently thirty seven, and about

1053
00:43:45,800 --> 00:43:49,280
Speaker 2: two years ago I went on a friend's long lunch

1054
00:43:49,480 --> 00:43:51,759
Speaker 2: and one of my friends is an accountant and she

1055
00:43:52,040 --> 00:43:53,600
Speaker 2: was like, I don't care what you do with your money,

1056
00:43:53,600 --> 00:43:55,880
Speaker 2: but focus on your super com and I was like, oh,

1057
00:43:55,920 --> 00:43:57,800
Speaker 2: I don't even know what my superbalance is and she

1058
00:43:57,960 --> 00:44:00,080
Speaker 2: looked at me mortified. So I think I then I

1059
00:44:00,200 --> 00:44:02,239
Speaker 2: went home from this lunch and looked at it, asked

1060
00:44:02,280 --> 00:44:04,359
Speaker 2: my husband about it. I knew very little about kind

1061
00:44:04,400 --> 00:44:07,239
Speaker 2: of super so at the time he was like, well, look,

1062
00:44:07,280 --> 00:44:10,080
Speaker 2: actually let's work backwards. So I actually use the money

1063
00:44:10,160 --> 00:44:12,759
Speaker 2: smart calculator of how much super do I want to

1064
00:44:12,800 --> 00:44:15,560
Speaker 2: have when I retire and go backwards. So my short

1065
00:44:15,640 --> 00:44:17,799
Speaker 2: term goal is actually big money goal is to get

1066
00:44:17,800 --> 00:44:19,919
Speaker 2: to two hundred thousand dollars of super by the age

1067
00:44:19,960 --> 00:44:20,360
Speaker 2: of forty.

1068
00:44:20,520 --> 00:44:23,000
Speaker 3: And you're like, obviously you're working backwards. You've got a

1069
00:44:23,040 --> 00:44:24,200
Speaker 3: plan and that's going to happen.

1070
00:44:24,480 --> 00:44:27,560
Speaker 2: Yeah, So based on my employee contributions plus I salary

1071
00:44:27,640 --> 00:44:29,680
Speaker 2: sacrifice and extra hundred dollars a week.

1072
00:44:29,880 --> 00:44:30,359
Speaker 3: Oh gog.

1073
00:44:30,840 --> 00:44:32,560
Speaker 2: Yeah. So the goal is is I will just get

1074
00:44:32,560 --> 00:44:35,200
Speaker 2: to two hundred thousand in the next three years, which

1075
00:44:35,280 --> 00:44:38,120
Speaker 2: I then essentially did the calculator projections will get me

1076
00:44:38,239 --> 00:44:41,080
Speaker 2: a million dollars worth of super by the time I'm

1077
00:44:41,080 --> 00:44:41,600
Speaker 2: sixty five.

1078
00:44:41,719 --> 00:44:43,920
Speaker 3: Yeah, that is very cool. So, in addition to your

1079
00:44:44,000 --> 00:44:47,360
Speaker 3: two investment properties, do you guys have any other additional investments?

1080
00:44:47,680 --> 00:44:50,040
Speaker 2: So we do, but not jointly. So my husband is

1081
00:44:50,080 --> 00:44:52,840
Speaker 2: actually a very good avid investor, and he actually wishes

1082
00:44:52,920 --> 00:44:53,640
Speaker 2: he started earlier.

1083
00:44:53,760 --> 00:44:56,120
Speaker 3: I love this man. I like that he's just bopping along.

1084
00:44:56,520 --> 00:44:58,239
Speaker 3: He's like, oh you do you have your fun with

1085
00:44:58,360 --> 00:45:00,800
Speaker 3: your debt. I'll just save your house to posit. Also,

1086
00:45:01,200 --> 00:45:01,960
Speaker 3: I've got shares.

1087
00:45:02,200 --> 00:45:04,719
Speaker 2: You're good. I know. I literally married my mest egg

1088
00:45:05,000 --> 00:45:05,759
Speaker 2: is what I call him.

1089
00:45:07,120 --> 00:45:07,560
Speaker 3: I love this.

1090
00:45:07,800 --> 00:45:08,160
Speaker 2: I love this.

1091
00:45:08,239 --> 00:45:10,880
Speaker 3: So do you know what he holds in shares or

1092
00:45:10,960 --> 00:45:11,840
Speaker 3: like what he invests in.

1093
00:45:12,080 --> 00:45:15,120
Speaker 2: He has done direct shares previously. So he started investing

1094
00:45:15,160 --> 00:45:17,560
Speaker 2: when we were living remotely, probably because he was bored

1095
00:45:17,600 --> 00:45:20,680
Speaker 2: because I was working all the time, and he started

1096
00:45:20,800 --> 00:45:23,160
Speaker 2: kind of doing direct shares. He didn't know about ETFs

1097
00:45:23,200 --> 00:45:24,920
Speaker 2: at this point in time, or index funds, which he

1098
00:45:25,040 --> 00:45:28,600
Speaker 2: regrets now, but he was doing direct shares, blue chip

1099
00:45:28,960 --> 00:45:34,520
Speaker 2: direct shares, Origin, Macquarie Bank, NAB. He then during COVID,

1100
00:45:34,640 --> 00:45:36,600
Speaker 2: because there was obviously a downturn in the market and

1101
00:45:36,760 --> 00:45:39,160
Speaker 2: we had not needed to use all of the money

1102
00:45:39,200 --> 00:45:42,560
Speaker 2: for our house deposit, he essentially put fifty thousand dollars

1103
00:45:42,719 --> 00:45:47,000
Speaker 2: into the shares, So his portfolio was sitting about a

1104
00:45:47,040 --> 00:45:49,239
Speaker 2: month ago around the two hundred thousand dollar mark.

1105
00:45:49,520 --> 00:45:51,960
Speaker 3: Cheese, Louise, you are right, you are sitting on your

1106
00:45:52,080 --> 00:45:52,600
Speaker 3: nest egg.

1107
00:45:53,600 --> 00:45:56,080
Speaker 2: But he actually sold some of them out a because

1108
00:45:56,080 --> 00:45:58,920
Speaker 2: some of the companies were actually selling Origin was questioning

1109
00:45:58,960 --> 00:46:01,400
Speaker 2: a merger. But we actually needed a little bit of

1110
00:46:01,440 --> 00:46:04,239
Speaker 2: shortfall to buy our most recent property because of our

1111
00:46:05,160 --> 00:46:07,759
Speaker 2: the bank wouldn't give us the service ability to get

1112
00:46:07,840 --> 00:46:11,120
Speaker 2: the mortgage plus stamp duty. So he's currently sitting on

1113
00:46:11,160 --> 00:46:12,960
Speaker 2: one hundred and fifty thousand dollars worth of shares. He

1114
00:46:13,000 --> 00:46:16,040
Speaker 2: did have to pull some out to pay for our

1115
00:46:16,080 --> 00:46:19,640
Speaker 2: investment property. Really nice of him. I personally do have

1116
00:46:19,760 --> 00:46:24,200
Speaker 2: a very mini portfolio. I have three thousand dollars in

1117
00:46:24,719 --> 00:46:28,600
Speaker 2: that's not mini. That's great in quoal is my ticket code?

1118
00:46:29,440 --> 00:46:31,520
Speaker 2: Why because that's what my husband told me to do.

1119
00:46:31,719 --> 00:46:35,279
Speaker 3: Okay, icon love that, love that. So any other investments

1120
00:46:35,320 --> 00:46:36,520
Speaker 3: in addition to those.

1121
00:46:36,719 --> 00:46:39,080
Speaker 2: I had just started recently after listening to you guys

1122
00:46:39,160 --> 00:46:40,320
Speaker 2: open to shares his account.

1123
00:46:40,360 --> 00:46:41,800
Speaker 3: We're becoming a cult, aren't we?

1124
00:46:42,560 --> 00:46:44,480
Speaker 2: Yeah? I got the Shares's account. Want to work out

1125
00:46:44,520 --> 00:46:46,840
Speaker 2: the best way to start investing for my kids, and

1126
00:46:47,160 --> 00:46:49,320
Speaker 2: I wanted it. Obviously, you can't set it up for

1127
00:46:49,400 --> 00:46:52,239
Speaker 2: tax purposes to be in their names, and Raised has

1128
00:46:52,280 --> 00:46:54,279
Speaker 2: a kids section. But I actually worked out a really

1129
00:46:54,320 --> 00:46:56,960
Speaker 2: cool way with Shares. So you can do auto invest

1130
00:46:57,040 --> 00:46:58,320
Speaker 2: and you can call it something.

1131
00:46:58,400 --> 00:47:00,160
Speaker 3: Yeah you can. Yeah, that's what a lot of our

1132
00:47:00,200 --> 00:47:00,759
Speaker 3: community do.

1133
00:47:01,040 --> 00:47:02,960
Speaker 2: Yeah, I just call it my kids name. So I

1134
00:47:03,239 --> 00:47:07,239
Speaker 2: invest thirty dollars a week into a separate ETF each

1135
00:47:07,320 --> 00:47:10,680
Speaker 2: for my children, and I just do auto invest. And

1136
00:47:10,760 --> 00:47:13,320
Speaker 2: I've just let that as set and forget adore.

1137
00:47:13,680 --> 00:47:16,080
Speaker 3: So tell me, I feel like, over this period of

1138
00:47:16,160 --> 00:47:19,520
Speaker 3: time you've probably garnered up a few good money habits

1139
00:47:19,600 --> 00:47:21,680
Speaker 3: and if you like, not so good money habits, So

1140
00:47:21,840 --> 00:47:24,360
Speaker 3: tell me what do you think your best money habit is?

1141
00:47:24,960 --> 00:47:27,680
Speaker 2: So, I would say, as a day to day. We

1142
00:47:28,120 --> 00:47:31,040
Speaker 2: as a collective but also myself, we spend very little

1143
00:47:31,400 --> 00:47:35,160
Speaker 2: on going out and coffees and doing things. I think

1144
00:47:35,280 --> 00:47:37,040
Speaker 2: not because we can't be bothered by actually because we

1145
00:47:37,120 --> 00:47:39,040
Speaker 2: work full time. We try not to leave the house

1146
00:47:39,080 --> 00:47:41,080
Speaker 2: on our days off. We also live near the beach.

1147
00:47:41,160 --> 00:47:42,600
Speaker 2: We have a house with a pool, so I don't

1148
00:47:42,640 --> 00:47:45,080
Speaker 2: spend too much on activities. My short term best money

1149
00:47:45,120 --> 00:47:47,040
Speaker 2: habit is that we don't buy coffee. We have a

1150
00:47:47,040 --> 00:47:49,160
Speaker 2: great coffee machine at home. I work in hospitality, I

1151
00:47:49,280 --> 00:47:52,239
Speaker 2: actually prefer my own coffee. We don't go out that much.

1152
00:47:52,400 --> 00:47:54,719
Speaker 2: We were so used to living remotely where takeaway wasn't

1153
00:47:54,719 --> 00:47:57,280
Speaker 2: an option, so we're so used to cooking and meal planning.

1154
00:47:57,400 --> 00:48:00,160
Speaker 2: So short like, I guess the best many wins, we

1155
00:48:00,560 --> 00:48:04,239
Speaker 2: definitely don't spend too much. My other win is I

1156
00:48:04,560 --> 00:48:06,879
Speaker 2: am a little bit frugal when it comes to insurances.

1157
00:48:07,000 --> 00:48:12,280
Speaker 2: I hate insurance companies, so I every year change insurance

1158
00:48:12,360 --> 00:48:15,360
Speaker 2: providers and I guess to give a bit of example,

1159
00:48:15,440 --> 00:48:17,520
Speaker 2: this year I changed our home and contents insurance for

1160
00:48:17,600 --> 00:48:21,879
Speaker 2: both our investment and our owner occupier. Our current owner

1161
00:48:21,920 --> 00:48:24,840
Speaker 2: occupier house was about three thy eight hundred. The renewal

1162
00:48:24,920 --> 00:48:26,880
Speaker 2: came for seven thousand dollars.

1163
00:48:27,480 --> 00:48:28,759
Speaker 3: Hi, so probably not.

1164
00:48:28,880 --> 00:48:31,440
Speaker 2: Though, yeah, it decided that our house has gone up,

1165
00:48:31,440 --> 00:48:33,279
Speaker 2: therefore the building cost has gone up. And also we

1166
00:48:33,360 --> 00:48:35,920
Speaker 2: had a cyclone warning in Queensland, so that's jacked it

1167
00:48:36,040 --> 00:48:38,759
Speaker 2: up again. And I was like, absolutely not. I went

1168
00:48:38,840 --> 00:48:41,160
Speaker 2: shopping and I actually got it for cheaper than I

1169
00:48:41,239 --> 00:48:43,480
Speaker 2: even had it before, and got it for thirty six

1170
00:48:43,600 --> 00:48:44,640
Speaker 2: hundred money win.

1171
00:48:44,800 --> 00:48:47,239
Speaker 3: See, we're making money. We're making money. And I did

1172
00:48:47,280 --> 00:48:48,560
Speaker 3: the same for our investment property.

1173
00:48:48,640 --> 00:48:51,320
Speaker 2: So I guess, do not be loyal to insurance companies.

1174
00:48:51,400 --> 00:48:53,520
Speaker 2: It costs you like four or five hours of the day,

1175
00:48:53,640 --> 00:48:55,880
Speaker 2: a lot of phone calls, a lot of annoying phone calls,

1176
00:48:56,360 --> 00:48:58,880
Speaker 2: but you will never get a good renewal price. They

1177
00:48:59,040 --> 00:49:01,520
Speaker 2: only give good price seing to new customers.

1178
00:49:01,719 --> 00:49:04,040
Speaker 3: Sorry what you actually said? Yeah, okay, it took you

1179
00:49:04,040 --> 00:49:07,040
Speaker 3: a few hours, but I'm pretty sure you've never made

1180
00:49:07,120 --> 00:49:09,440
Speaker 3: three thousand or four thousand dollars in the space of

1181
00:49:09,560 --> 00:49:11,880
Speaker 3: three or four hours. So like, I'm actually happy with that.

1182
00:49:12,120 --> 00:49:13,600
Speaker 3: ROI that's a good deal.

1183
00:49:13,920 --> 00:49:15,920
Speaker 2: It is. And like this is where we differ where

1184
00:49:15,920 --> 00:49:17,520
Speaker 2: my husband would never do it. He's like, it's fine,

1185
00:49:17,640 --> 00:49:19,239
Speaker 2: just pay it, it doesn't matter and I'm like, no,

1186
00:49:19,640 --> 00:49:22,560
Speaker 2: I'm the same with our mortgage. Every two years we refinance.

1187
00:49:22,640 --> 00:49:24,440
Speaker 2: Now sometimes we might stay with the same bank if

1188
00:49:24,440 --> 00:49:26,279
Speaker 2: they're going to match it, but I will happily do

1189
00:49:26,400 --> 00:49:27,080
Speaker 2: the paperwork.

1190
00:49:27,239 --> 00:49:28,359
Speaker 3: Yeah, we're reviewing our rate.

1191
00:49:28,560 --> 00:49:30,400
Speaker 2: I will move. I don't mind the paperwork. I think

1192
00:49:30,440 --> 00:49:33,000
Speaker 2: they just assume that the if they kill you in paperwork,

1193
00:49:33,040 --> 00:49:33,879
Speaker 2: you'll choose to stay.

1194
00:49:34,000 --> 00:49:36,360
Speaker 3: Oh no, we review. So in my business, I like

1195
00:49:36,480 --> 00:49:39,160
Speaker 3: make sure that every single client has a proper mortgage

1196
00:49:39,200 --> 00:49:42,400
Speaker 3: review every twelve months, because I'm literally like to my brokers, no, no, no,

1197
00:49:42,680 --> 00:49:44,680
Speaker 3: to put our clients in the best possible position, Like

1198
00:49:44,840 --> 00:49:46,840
Speaker 3: I'm on the show preaching that we should do this.

1199
00:49:47,200 --> 00:49:49,440
Speaker 3: We do this for our clients every twelve months. And

1200
00:49:49,719 --> 00:49:51,360
Speaker 3: you know, it might come up that they're fixed and

1201
00:49:51,440 --> 00:49:53,160
Speaker 3: so they can't. But I've looked at their file and

1202
00:49:53,239 --> 00:49:55,920
Speaker 3: be like, okay, cool, can't help them right now, All right,

1203
00:49:56,000 --> 00:49:58,080
Speaker 3: there's another date in the calendar for when I can.

1204
00:49:58,480 --> 00:50:00,960
Speaker 2: So that would be definitely my money habit that I

1205
00:50:01,000 --> 00:50:03,920
Speaker 2: think contributes obviously to our household, in addition to obviously

1206
00:50:04,000 --> 00:50:06,120
Speaker 2: just our budget and looking at that and just knowing

1207
00:50:06,160 --> 00:50:07,520
Speaker 2: where the money is going out.

1208
00:50:07,640 --> 00:50:09,800
Speaker 3: One hundred percent, and what's your worst money habit.

1209
00:50:10,040 --> 00:50:12,520
Speaker 2: I actually had this and one of your other money

1210
00:50:12,560 --> 00:50:14,320
Speaker 2: direst said it, and I was like, I can resonate

1211
00:50:14,640 --> 00:50:16,600
Speaker 2: cam ut came up for the kids.

1212
00:50:17,000 --> 00:50:20,279
Speaker 3: Honestly, Oh yeah, it's a slippery slope. They know what

1213
00:50:20,360 --> 00:50:21,680
Speaker 3: they're doing. They know what they're doing.

1214
00:50:21,880 --> 00:50:24,479
Speaker 2: It's probably my worst thing. And then I also said

1215
00:50:24,600 --> 00:50:26,640
Speaker 2: that we don't go out, so yes, we don't want

1216
00:50:26,640 --> 00:50:28,920
Speaker 2: to take away, we don't get subway, we don't get

1217
00:50:28,960 --> 00:50:31,640
Speaker 2: tied once a week, but when my husband and I

1218
00:50:31,760 --> 00:50:35,080
Speaker 2: do go out, we'll spend six hundred dollars on dinner.

1219
00:50:35,480 --> 00:50:38,600
Speaker 2: So my worst money habit is when we do go

1220
00:50:38,760 --> 00:50:40,600
Speaker 2: out for dinner or we do go out for lunch.

1221
00:50:40,640 --> 00:50:42,640
Speaker 2: It's like, well we don't do this very often. Here's

1222
00:50:42,680 --> 00:50:43,520
Speaker 2: one thousand dollars.

1223
00:50:43,719 --> 00:50:46,200
Speaker 3: Ah yeah, okay, okay, And like they came out thing

1224
00:50:46,239 --> 00:50:48,400
Speaker 3: I think a lot of us can resonate with, Like

1225
00:50:48,480 --> 00:50:48,719
Speaker 3: you just.

1226
00:50:48,719 --> 00:50:50,600
Speaker 2: Accidentally buy one hundred and eighty dollars in your cart

1227
00:50:50,600 --> 00:50:52,560
Speaker 2: and you're like, well, that's a couple of T shirts,

1228
00:50:52,600 --> 00:50:55,359
Speaker 2: a new pair of shoes. I needed that new rug

1229
00:50:55,600 --> 00:50:56,440
Speaker 2: for the playroom.

1230
00:50:56,760 --> 00:50:58,960
Speaker 3: Why have they got good stuff? Like stop?

1231
00:50:59,520 --> 00:51:01,400
Speaker 2: Yeah, came out and dining out.

1232
00:51:01,560 --> 00:51:03,400
Speaker 3: Yeah, and they know what they're doing on the back end.

1233
00:51:03,520 --> 00:51:05,319
Speaker 3: They're like looking at all their data and all their

1234
00:51:05,360 --> 00:51:07,400
Speaker 3: analytics and being like, Okay, we're going to place this

1235
00:51:07,600 --> 00:51:09,920
Speaker 3: product near this product because if she goes in she

1236
00:51:10,040 --> 00:51:12,239
Speaker 3: might be interested. Like they're smart, promise they know what

1237
00:51:12,280 --> 00:51:16,440
Speaker 3: they're doing. So now that we've had this chat, which

1238
00:51:16,480 --> 00:51:20,120
Speaker 3: has been absolutely brilliant, Like from my perspective, I've really

1239
00:51:20,200 --> 00:51:22,319
Speaker 3: really enjoyed it. You said at the start, my money

1240
00:51:22,400 --> 00:51:25,040
Speaker 3: habits are a bee. What would it take to get

1241
00:51:25,160 --> 00:51:27,680
Speaker 3: you from a bee to an a plus? Like? What

1242
00:51:27,880 --> 00:51:28,920
Speaker 3: work do we have to do?

1243
00:51:29,280 --> 00:51:32,000
Speaker 2: I think the biggest thing for me is two different points.

1244
00:51:32,080 --> 00:51:35,520
Speaker 2: Is one is having a better understanding of SUPER. I

1245
00:51:35,719 --> 00:51:38,719
Speaker 2: definitely value it, and I'm so grateful now that I'm

1246
00:51:38,760 --> 00:51:41,200
Speaker 2: focusing on it because I sometimes look at other people

1247
00:51:41,560 --> 00:51:43,680
Speaker 2: who are like working their own businesses and like, I

1248
00:51:43,840 --> 00:51:45,320
Speaker 2: just haven't paid my SUPER for a few years, Like

1249
00:51:45,480 --> 00:51:47,960
Speaker 2: that now gives me an anxiety of you're going to

1250
00:51:48,000 --> 00:51:49,960
Speaker 2: be reliant on someone else and that thing. I love

1251
00:51:50,000 --> 00:51:51,720
Speaker 2: my husband, but I also don't want to be reliant

1252
00:51:51,760 --> 00:51:54,040
Speaker 2: on him. I don't want to stay in a marriage

1253
00:51:54,360 --> 00:51:57,919
Speaker 2: because I financially have to, So learning more about Super

1254
00:51:58,000 --> 00:52:01,040
Speaker 2: in terms of its growth, how to balance it out,

1255
00:52:01,120 --> 00:52:04,080
Speaker 2: what the profile is. I have very little understanding of that.

1256
00:52:05,000 --> 00:52:06,759
Speaker 2: And I think the other thing is is that we've

1257
00:52:06,800 --> 00:52:09,759
Speaker 2: been very fortunate to get through by googling things, chat

1258
00:52:09,840 --> 00:52:12,640
Speaker 2: epting things. But we're probably at a stage in our

1259
00:52:12,680 --> 00:52:16,040
Speaker 2: life now actually getting paid good professional advice. And I

1260
00:52:16,120 --> 00:52:18,400
Speaker 2: think for us, in a few years, we're going to

1261
00:52:18,440 --> 00:52:20,920
Speaker 2: come out of the daycare costs and window and then

1262
00:52:20,960 --> 00:52:22,560
Speaker 2: I think, great, what are we going to do with

1263
00:52:22,680 --> 00:52:25,200
Speaker 2: that twenty two thousand dollars a year that we currently

1264
00:52:25,280 --> 00:52:27,640
Speaker 2: pay in super? Like should we invest it? Should we

1265
00:52:28,040 --> 00:52:30,399
Speaker 2: pay off our own or occupy a Where where should

1266
00:52:30,400 --> 00:52:32,279
Speaker 2: we put that money? And I think that's where we're

1267
00:52:32,360 --> 00:52:36,200
Speaker 2: kind of capped now at our knowledge. We need help

1268
00:52:36,239 --> 00:52:39,319
Speaker 2: And I think that's the limitations of my financial literacy now,

1269
00:52:40,040 --> 00:52:41,640
Speaker 2: is needing more help with those things.

1270
00:52:41,840 --> 00:52:43,480
Speaker 3: But you've got clarity on it. And that's why I

1271
00:52:43,560 --> 00:52:45,640
Speaker 3: was like, oh, what's going to take And you were like, okay, cool,

1272
00:52:45,719 --> 00:52:47,839
Speaker 3: So my Super, my, this my that. Like, girl, you're

1273
00:52:47,880 --> 00:52:50,600
Speaker 3: on the right trajectory. Like it took you five years

1274
00:52:50,680 --> 00:52:52,480
Speaker 3: to get to hear up. I mean, obviously it took

1275
00:52:52,480 --> 00:52:54,759
Speaker 3: you longer than that, but like, over the last five years,

1276
00:52:54,800 --> 00:52:56,880
Speaker 3: you've come in leaps and bounds. Give me even two

1277
00:52:57,000 --> 00:52:58,560
Speaker 3: years and I think you'll be like, I'm actually I'm

1278
00:52:58,600 --> 00:53:01,400
Speaker 3: a wizard and I've retired now by I yeah, no.

1279
00:53:01,440 --> 00:53:03,920
Speaker 2: There would. I mean the best hack is when we

1280
00:53:04,000 --> 00:53:06,920
Speaker 2: actually chat GBT a few things. When it came to finances,

1281
00:53:07,160 --> 00:53:09,680
Speaker 2: I ask it everything. I am shocked at the quality

1282
00:53:09,719 --> 00:53:10,160
Speaker 2: of advice.

1283
00:53:10,200 --> 00:53:12,200
Speaker 3: I mean, don't get me wrong, I don't think I

1284
00:53:12,239 --> 00:53:15,000
Speaker 3: would want someone who doesn't understand what quality advice looks

1285
00:53:15,040 --> 00:53:17,279
Speaker 3: like generating that and then completely relying on it. But like,

1286
00:53:17,320 --> 00:53:18,640
Speaker 3: if you know how to fact check it and look

1287
00:53:18,640 --> 00:53:20,000
Speaker 3: at it, I'm like, oh, you're smart. Do you know

1288
00:53:20,000 --> 00:53:20,520
Speaker 3: what you're doing?

1289
00:53:20,840 --> 00:53:24,879
Speaker 2: Go. Yeah. So we actually have twenty thousand dollars worth

1290
00:53:24,920 --> 00:53:27,160
Speaker 2: of car loan debt, and normally we wouldn't want to

1291
00:53:27,200 --> 00:53:29,640
Speaker 2: go into debt for that reason, but we actually spit

1292
00:53:29,719 --> 00:53:32,560
Speaker 2: into chat GPT. We're going to buy a forty thousand

1293
00:53:32,560 --> 00:53:36,200
Speaker 2: dollar car. Should we novated least put my husband's work,

1294
00:53:36,480 --> 00:53:38,480
Speaker 2: Should we take the money out of our offset, or

1295
00:53:38,480 --> 00:53:40,160
Speaker 2: should we get a car loan genius?

1296
00:53:40,200 --> 00:53:42,160
Speaker 3: And that helped you make the decision in the best

1297
00:53:42,200 --> 00:53:42,759
Speaker 3: possible way.

1298
00:53:42,840 --> 00:53:46,160
Speaker 2: With the finances exactly, and it actually said, well, if

1299
00:53:46,280 --> 00:53:47,880
Speaker 2: and we put in the car loan rate that we

1300
00:53:47,960 --> 00:53:49,960
Speaker 2: were getting, which was quite good, and it said, actually,

1301
00:53:49,960 --> 00:53:52,239
Speaker 2: over the course of five years, you would make more

1302
00:53:52,280 --> 00:53:54,799
Speaker 2: money in savings in your offset. Keep that in there

1303
00:53:55,160 --> 00:53:56,319
Speaker 2: and get the car loan.

1304
00:53:56,640 --> 00:53:59,000
Speaker 3: Okay, it's a genius. I love that. I'm going to

1305
00:53:59,040 --> 00:54:00,840
Speaker 3: put a thread in my face book group soon and

1306
00:54:00,920 --> 00:54:03,239
Speaker 3: going to be like, what is the best money question

1307
00:54:03,320 --> 00:54:05,879
Speaker 3: you've ever asked chat gpt? Can you imagine being able

1308
00:54:05,920 --> 00:54:07,560
Speaker 3: to scroll through that and being like, oh, actually, I'm

1309
00:54:07,560 --> 00:54:09,120
Speaker 3: going to do this and this and this. Because I

1310
00:54:09,200 --> 00:54:11,920
Speaker 3: can't give you the advice. I cannot legally tell you

1311
00:54:12,040 --> 00:54:14,120
Speaker 3: to go and ask chat gpt and do that, but

1312
00:54:14,280 --> 00:54:16,800
Speaker 3: you could read a conversation and maybe like take inspiration

1313
00:54:16,920 --> 00:54:17,440
Speaker 3: from somebody.

1314
00:54:17,719 --> 00:54:19,920
Speaker 2: You absolutely can't. We honestly did it. I worked out

1315
00:54:19,960 --> 00:54:23,000
Speaker 2: an entire spreadsheet of our potential tax appreciation over the

1316
00:54:23,080 --> 00:54:24,800
Speaker 2: course of the years with our new investment property, and

1317
00:54:24,840 --> 00:54:26,440
Speaker 2: my husband goes, oh, just put it into chat GPT

1318
00:54:26,560 --> 00:54:28,160
Speaker 2: and I was like, that took me two days to

1319
00:54:28,239 --> 00:54:31,400
Speaker 2: make that spreadsheet and it took chat GPT three minutes

1320
00:54:31,800 --> 00:54:33,680
Speaker 2: just give the same answer. At least I knew My

1321
00:54:33,760 --> 00:54:34,960
Speaker 2: mass was right, Yeah, there you go.

1322
00:54:35,120 --> 00:54:36,239
Speaker 3: So you are a money girl.

1323
00:54:36,920 --> 00:54:39,480
Speaker 2: I am now now I get it. I failed accounting

1324
00:54:39,560 --> 00:54:42,239
Speaker 2: three times and yet now give me a spreadsheet and

1325
00:54:42,280 --> 00:54:43,799
Speaker 2: a profit and loss any day of the week.

1326
00:54:43,960 --> 00:54:46,400
Speaker 3: That's fine. I love that, but I feel like sometimes

1327
00:54:46,480 --> 00:54:50,200
Speaker 3: you have to get to a point where you understand

1328
00:54:50,360 --> 00:54:53,040
Speaker 3: the benefit of it. It's not interesting when you're working

1329
00:54:53,120 --> 00:54:54,600
Speaker 3: it out for someone else's business and you're like, I

1330
00:54:54,640 --> 00:54:56,040
Speaker 3: don't care about a P and L, and then all

1331
00:54:56,120 --> 00:54:58,200
Speaker 3: of a sudden, it's for your own wealth creation journey

1332
00:54:58,200 --> 00:54:59,839
Speaker 3: and you're like, oh, actually, I've rauched my head around

1333
00:54:59,880 --> 00:55:00,680
Speaker 3: this pretty quickly.

1334
00:55:00,960 --> 00:55:03,800
Speaker 2: Yeah, and definitely, Yet the compound interest is definitely what

1335
00:55:03,960 --> 00:55:06,560
Speaker 2: got us on the investment vandwagon of capital growth, not

1336
00:55:06,640 --> 00:55:08,120
Speaker 2: necessarily dividends money.

1337
00:55:08,200 --> 00:55:10,840
Speaker 3: Jarist, I have loved this conversation, but sadly we have

1338
00:55:11,040 --> 00:55:13,719
Speaker 3: run out of time. Thank you so much for being

1339
00:55:13,840 --> 00:55:17,520
Speaker 3: so open and so honestly conversational. I feel like this

1340
00:55:17,680 --> 00:55:20,560
Speaker 3: conversation has been absolutely fantastic. Our community is going to

1341
00:55:20,560 --> 00:55:23,040
Speaker 3: be obsessed. I'm just really grateful that you were willing

1342
00:55:23,080 --> 00:55:24,640
Speaker 3: to come on the show and also give us all

1343
00:55:24,680 --> 00:55:26,759
Speaker 3: the nitty gritty. This is how we learn.

1344
00:55:27,040 --> 00:55:29,280
Speaker 2: Thank you so much for having me. I've loved chatting

1345
00:55:29,320 --> 00:55:31,560
Speaker 2: to and love chatting all things finance.

1346
00:55:37,719 --> 00:55:40,320
Speaker 3: Did buy shared on. She's on the Money is generally

1347
00:55:40,480 --> 00:55:44,239
Speaker 3: nature and does not consider your individual circumstances. She's on

1348
00:55:44,320 --> 00:55:47,719
Speaker 3: the Money exists purely for educational purposes and should not

1349
00:55:47,880 --> 00:55:50,840
Speaker 3: be relied upon to make an investment or financial decision.

1350
00:55:51,239 --> 00:55:53,680
Speaker 3: If you do choose to buy a financial product, read

1351
00:55:53,719 --> 00:55:57,840
Speaker 3: the PDS TMD and obtain appropriate financial advice tailored towards

1352
00:55:57,880 --> 00:56:01,160
Speaker 3: your needs. Victoria Divine and Sheese on the Money are

1353
00:56:01,239 --> 00:56:04,600
Speaker 3: authorized representatives of Money sherper P T y L t

1354
00:56:04,760 --> 00:56:07,480
Speaker 3: D A b N three two one six four nine

1355
00:56:07,640 --> 00:56:10,560
Speaker 3: two seven seven zero eight a F s L four

1356
00:56:10,640 --> 00:56:12,120
Speaker 3: five one two eight nine