Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
Speaker 1: the Order Kerni Whoaltbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it. She's on the Money. She's on
Speaker 2: the Money.
Speaker 3: Hello, and welcome to She's on the Money, the podcasts
Speaker 3: that lets you get pervy on other people's money stories
Speaker 3: for educational purposes of course, Welcome back to another one
Speaker 3: of our money diaries where we get to talk with
Speaker 3: one of our incredible She's on the Money community members
Speaker 3: all about their journey. Let's jump straight into it. We
Speaker 3: got a message this week and it went like this, Dear,
Speaker 3: She's on the Money. After a few brutal breakups and
Speaker 3: falling victim to a scam, I've had to start over
Speaker 3: from zero, not once, not twice, but three times. It's
Speaker 3: been a roller coaster. I've setbacks and grit but through
Speaker 3: it all, I've never lost my determination to make it
Speaker 3: work as a single mum to my amazing seven year
Speaker 3: old son. I've done whatever it takes, working multiple jobs,
Speaker 3: driving Uber Eats, and even moving back in with my
Speaker 3: mum to share a room with my boy, all to
Speaker 3: rebuild my savings. And now I'm proud to say I've
Speaker 3: just bought my first property using the two percent scheme.
Speaker 3: I'm also completing my real estate license and diving head
Speaker 3: first into my passion for property investing. My dream is
Speaker 3: to build a buyer's agency that helps others find stability
Speaker 3: and security, the kind of foundation I fought so hard
Speaker 3: to create for myself and my son. Money dorist, What
Speaker 3: the heck? Three times and you're buying your own property?
Speaker 2: Yes?
Speaker 3: Are you insanely proud of yourself? Because, like, I'm really
Speaker 3: proud of you.
Speaker 2: It's probably something I would say. That's when my weakness
Speaker 2: is giving myself some credit, Like I just constantly push
Speaker 2: and don't. Yeah, Like I have friends say it to me.
Speaker 2: They're like, oh my goodness, I'm really proud of you
Speaker 2: and then I think I need to sort of pat
Speaker 2: myself on the back.
Speaker 3: Yes you do, like it's cool for me to be proud. Great,
Speaker 3: but I actually didn't do any of the stuff like
Speaker 3: you did all of that, and you're the one that
Speaker 3: has to be proud of that. So definitely need to
Speaker 3: Let's start the diary as we always do money Doris,
Speaker 3: I want to know what great would you give your
Speaker 3: money habits if I asked you to give them a
Speaker 3: grade from A three to.
Speaker 2: F, say currently like a B to a C.
Speaker 3: Okay, all right, I'm not going to argue with you yet,
Speaker 3: but we'll get there. I want to know a bit
Speaker 3: more about your money story. Can we dive head first?
Speaker 2: Okay? Amazing? So where would I start? So when I
Speaker 2: was about my first relationship I had, I was about
Speaker 2: twenty one, and my partner left me with like a
Speaker 2: nice beautiful loan and I went to the mines and
Speaker 2: I paid it all off. It was about my twenty
Speaker 2: five grand, oh my god. And I paid it all off,
Speaker 2: walked away with about twenty It was about twenty five
Speaker 2: grand when I was about twenty two to twenty three,
Speaker 2: paid it all off and then had that in savings.
Speaker 2: Then I got with my son's father and I had
Speaker 2: that money still, and then we separated and I walked away,
Speaker 2: I think with about two grand.
Speaker 3: Why did he get so much of it?
Speaker 2: Well, he wasn't very good with money. I was the money.
Speaker 2: Like in the relationship, there's usually one that's better than
Speaker 2: the other, and I was the one that was. Yeah,
Speaker 2: I've always ended up being better alone financially for some reason.
Speaker 2: And then I saved up over two three years, sacrificed
Speaker 2: a lot work weekends, like hustled hard, politely said, and
Speaker 2: saved and invested about thirty eight grand.
Speaker 3: Into Oh my god, yeah yeah.
Speaker 2: So like live paid rent everything. Oh it was during COVID.
Speaker 2: I actually invested in shares with comsex, and then I
Speaker 2: also bought into bitcoin and then I had like term
Speaker 2: investment with some of my savings. And then I put
Speaker 2: an offer on property and it fell through. And then
Speaker 2: I saw a Facebook link about investing in day trading,
Speaker 2: and I was like, oh, I understand a bit of
Speaker 2: day trading, not a problem. And then I invested a
Speaker 2: little bit of money and then saw a bit of
Speaker 2: a return and I was like fantastic. Then I invested
Speaker 2: a little bit more money, saw a return that like
Speaker 2: if you put more money, and I was like, okay,
Speaker 2: well the property marketer might just wait another few months.
Speaker 2: I'll just put my money into it. Oh no, little
Speaker 2: did I know it was offshore and the whole platform.
Speaker 3: Was fake, and they like lulled you into a false
Speaker 3: sense of security by giving you some small returns when
Speaker 3: you were doing small things, and then when you did
Speaker 3: a big amount, they were like catcher gotcha.
Speaker 2: Literally like no, the whole thing was fake. Lost thirty
Speaker 2: eight grand. No, like yeah, so the best thing? What
Speaker 2: do need to say? The best thing? But like go
Speaker 2: to tax exemption for that with ato as a loss,
Speaker 2: and then had to start all over again with my son.
Speaker 2: I think was about it was just about to start school,
Speaker 2: so third time round. Then sacrificed again and got into
Speaker 2: my current property now on the two percent scheme and
Speaker 2: moved in with my mom for six months to save smart.
Speaker 3: I feel like that's such a good support to have
Speaker 3: in the background. Tell me about the two percent scheme
Speaker 3: because I feel like we've heard about it in passing
Speaker 3: on the podcast, but we haven't ever spoken with somebody
Speaker 3: who's done it. So how did that work? How did
Speaker 3: you get involved in the two percent scheme and like,
Speaker 3: why did you go? This is for me?
Speaker 2: So I'm currently based on the Gold Coast and the
Speaker 2: market is wild.
Speaker 3: It is so like the price.
Speaker 2: Difference of renting and owning, to be honest here is
Speaker 2: not much different as in price depends obviously what you're
Speaker 2: living in. So I went down the two percent scheme
Speaker 2: because I was like looking at the market and going
Speaker 2: the longer I'm out of it, the harder it's going
Speaker 2: to be for me to get in. And what is
Speaker 2: the quickest way that I can get in? So I
Speaker 2: went to a broker and they went over my salary.
Speaker 2: They went over just like putting through an application, but
Speaker 2: a lot of lenders can be it narrows down your
Speaker 2: lenders as a single parent and looking at like your
Speaker 2: tax A tax B as a source of income as well.
Speaker 2: But yeah, submit an application and then yeah, got to
Speaker 2: prove for it. And had about three months to find
Speaker 2: something in a market that's also not much stock and price.
Speaker 2: Managed to get in which a bit more perseperence found something.
Speaker 3: So I love that. That's actually so exciting, And now
Speaker 3: you want to start your own buyers agency? Tell me
Speaker 3: about that.
Speaker 2: Yeah, So I've just completed my real estate license. I
Speaker 2: am an active renovator, so I renovate also while owning
Speaker 2: living in Renovations can be a juggle at the same time,
Speaker 2: but I love it and at the end of the day,
Speaker 2: I look at it as everyone needs somewhere to live.
Speaker 2: To me, it's an essential. You can't compensate a roof
Speaker 2: over your head for anything.
Speaker 3: So yeah, no, I agree. I agree. So talk me
Speaker 3: through what you do now for work and how much
Speaker 3: money you earn, because I feel like you've had a
Speaker 3: colorful history of like literally doing everything that you could
Speaker 3: possibly do. What do you do now? What do you earn?
Speaker 2: So I'm a marketing manager for two businesses in construction,
Speaker 2: and I earn sixty five grand a year and I
Speaker 2: work part time and then I so like occasionally help
Speaker 2: like my brother or whatnot if he has a little
Speaker 2: bit of tiling and whatnot. But that's pretty much my
Speaker 2: primary income for the two businesses in marketing.
Speaker 3: And is that sixty five thousand dollars then pro rata
Speaker 3: because you're part time or is that what you earn
Speaker 3: after like doing just part time?
Speaker 2: That's what I would earn just after part time? Yeah?
Speaker 3: Cool, cool, that's pretty good. Yeah, yeah, that's not bad.
Speaker 3: And so like what does part time look like for
Speaker 3: you? You're doing like a couple of days, four days, Like,
Speaker 3: what does it look like in terms of work life balance?
Speaker 3: Because you're a single mum, there's lots going on.
Speaker 2: There is a lot going on. I would say I
Speaker 2: work five days a week and then when my son's
Speaker 2: with his data work longer days, which is fantastic. So
Speaker 2: it works out.
Speaker 3: Well, So what do you mean you work five days
Speaker 3: by your part time? I feel like I'm a little
Speaker 3: bit confused. Are you doing like half days?
Speaker 1: Yeah?
Speaker 3: So it works Okay, that makes more sense. I was like,
Speaker 3: what what do you mean five days part time?
Speaker 2: Yeah? So when when my son's with his dad, work
Speaker 2: like eight till four and then when I have him,
Speaker 2: I'll work nine till two thirty.
Speaker 3: Okay, cool, Hey that's a good flexible workplace. Did you
Speaker 3: have to negotiate that or like how did that come
Speaker 3: to be? Because like that's the dream.
Speaker 2: It's I think like being a parent. It's like it
Speaker 2: is a marathon, it's not a race. And you've got
Speaker 2: to look at like your core values. I think to
Speaker 2: sustain somewhat of a balance and one of my big
Speaker 2: core values is being there for my son. Because I
Speaker 2: only have one, I'm not going to redo it, and
Speaker 2: I get really sad if I can't be there for him.
Speaker 2: So that was one of my things I went in
Speaker 2: looking for employment. I was like, aligning with my core
Speaker 2: values and I was like, I love construction, I love
Speaker 2: building and being there for him. In flexible work arrangement,
Speaker 2: it was like a non negotiable, rather take a pay
Speaker 2: cut than not have that.
Speaker 3: Yeah, that's really cool, and I like that you are
Speaker 3: talking about going and finding a job that really aligns
Speaker 3: with your values. Like I know that a lot of
Speaker 3: people will be like, well, I just need any job,
Speaker 3: and that's really valid too, But being able to find
Speaker 3: one that aligns with that means that you're going to
Speaker 3: get the work life balance that you want. I feel
Speaker 3: like so often we're like, yeah, just not putting that
Speaker 3: cap on first, talk to me about money goals. You've
Speaker 3: just purchased, which is so exciting, But what are your
Speaker 3: big money goals now? What are you currently working towards?
Speaker 2: So my big money goal is my ultimate goal would
Speaker 2: be so I'm thirty five, by the time I'm forty,
Speaker 2: I don't want to have a mortgage.
Speaker 3: Oh five years? What are you doing? That's crazy.
Speaker 2: So there has been a unit in my block that
Speaker 2: has just sold for two hundred gram more than Oh
Speaker 2: it's on the market currently for two hundred grad more
Speaker 2: than what I paid for mine. So next step I'm
Speaker 2: looking out possibly getting another property or what the step
Speaker 2: forward will be to using that moving forward? Yeah, yeah,
Speaker 2: either renting this out and then getting something, So that's
Speaker 2: sort of where I'm at would be my next stepping stone.
Speaker 3: That's really fun. And how are you planning on working
Speaker 3: that out? Are you going to do it yourself to
Speaker 3: get some advice? Like is it just like some maths
Speaker 3: in the background, Like what's the process? Because I feel
Speaker 3: like that could be overwhelming.
Speaker 2: It is overwhelming, because yeah, I think it's definitely getting
Speaker 2: advice talking to people that I want to be in
Speaker 2: their position as well, because I ultimately would like to
Speaker 2: probably buy and flip another couple more properties, but I
Speaker 2: don't think many lenders like that, so that would probably
Speaker 2: be the route that I'd be looking at, would be
Speaker 2: speaking to the right people and seeing what can be done.
Speaker 3: Yeah, totally. You mentioned before that you're renovating and oh
Speaker 3: my gosh, I hate renovating like it is the worst
Speaker 3: thing ever, But you're like, no, I'm living through it.
Speaker 3: It's so fun Like it's obviously different horses for different courses.
Speaker 3: Like I remember the journey like being real rocky, but
Speaker 3: because I'm a finance girlie, like I had spreadsheets through
Speaker 3: the kazoo right, like I was making sure that I
Speaker 3: wasn't over capitalizing on my property and like that everything
Speaker 3: made sense. How did you approach renovating? Like did you
Speaker 3: purchase a place knowing, all right, well the bathrooms are a
Speaker 3: bit how you go when I'm going to have to
Speaker 3: those out? Or like what was the thought pattern and
Speaker 3: how did you work out what to renovate first and
Speaker 3: live through it? Tell me more about this journey because
Speaker 3: I'm so pervy.
Speaker 2: So it's pretty funny. So when I bought my place,
Speaker 2: like the main wall was fluorescent orange, like almost the
Speaker 2: orange of your background that you have, stunning. I was
Speaker 2: just like the contrast with like a baby blue wall.
Speaker 2: It was insane. My place needed to be like fully
Speaker 2: ripped out. Yeah, okay, got it. Like I had the
Speaker 2: navy blue carpet, the kitchen cabinet tree was falling apart,
Speaker 2: the sink was like leaking, so coming in, I think
Speaker 2: it was like a little bit like rainbows when I
Speaker 2: first bought, and then the reality of buying it and
Speaker 2: living in it, I was like, I can't actually use
Speaker 2: my sink, like I'm using the laundry sink.
Speaker 3: And it's funny how quickly you just get used to
Speaker 3: doing something that then you realize, oh, hold on, I
Speaker 3: probably should fix this.
Speaker 2: It's so true because even in my head, I was like,
Speaker 2: if I get a plumber to come out to fix
Speaker 2: my I'm ripping out my sink anyway, So like that's
Speaker 2: money that I don't need to spend, so then I
Speaker 2: just may do for a long time if that made sense.
Speaker 2: And then it was quite funny because even like one
Speaker 2: day I was used to going into the laundry to
Speaker 2: use my sink, and then when my friends was over
Speaker 2: and they're like what are you doing? And I was
Speaker 2: like going to fill out my kettle. I'm like right
Speaker 2: next to the brand new.
Speaker 3: Sink, and they're like, what.
Speaker 2: Are you doing? I was like going to fill out
Speaker 2: my kettle like it was normal, like the pattern of it.
Speaker 2: But yeah, like going in, I was like, okay, well
Speaker 2: I did see the potential with it. It's solid bones
Speaker 2: in the sense it's all brick. It's close to everything.
Speaker 2: So even if I was to rent it out, the
Speaker 2: rent would cover more than my mortgage, so like it'd
Speaker 2: be running at a slight loss if I was to
Speaker 2: rent it out, which is not a bad position to
Speaker 2: be in for like a first year, if that makes sense.
Speaker 2: So looking at that as a long term investment, I'm like,
Speaker 2: and there's potential for development as there's like a commercial
Speaker 2: block at the end of my street on the market
Speaker 2: flant million, So I think it gives options, if that
Speaker 2: makes sense.
Speaker 3: Yeah, yeah, yeah, that's cool. I like that. I love
Speaker 3: asking people perfect questions, like so what's this mean? How
Speaker 3: does that work? Like this is my favorite job ever,
Speaker 3: like getting to ask you like, so what does that mean?
Speaker 3: Why did you do that? Oh? So good? I actually
Speaker 3: have heaps more questions. Let's go to a really quick
Speaker 3: break and on the flip side, I'm going to ask
Speaker 3: even more, so don't go anywhere. All right, money, dirist,
Speaker 3: we are back and you have just purchased your first
Speaker 3: home using the two percent deposit scheme, which is a
Speaker 3: very cool scheme accessible to single parents here in Australia.
Speaker 3: What I want to know, have you ever invested, do
Speaker 3: you currently invest what does that journey look like for you?
Speaker 2: I have invested, Yes, I used to use Perla a lot.
Speaker 2: I use the perlast starter at the moment for my son,
Speaker 2: it's like the kid's investment money, which is really cool
Speaker 2: when he gets really excited over it. But currently, moving forward,
Speaker 2: majority of my money has been going towards my renovations.
Speaker 2: But in saying that, I definitely will invest once that
Speaker 2: chapters sort of come closer to the end.
Speaker 3: Yeah, totally. And I remember at the start of the
Speaker 3: episode you said that you'd saved up thirty eight thousand
Speaker 3: dollars and you had actually invested that and then you
Speaker 3: took it out to buy property and then you got
Speaker 3: it all taking away from you in that scam originally,
Speaker 3: how were you investing that? Like, what did that journey
Speaker 3: look like? Is that same you were on Pearler and
Speaker 3: like you've just come and gone from that platform over
Speaker 3: time or like what did that look like?
Speaker 2: So I used when I'm very first on investing. I
Speaker 2: don't think Perla was around.
Speaker 3: Now it's pretty new.
Speaker 2: Hey, yeah it is, and it's great. I love the
Speaker 2: use of side of it. It's fantastic, and I think
Speaker 2: it simplifies investing like immensely. Not sponsored or anything.
Speaker 3: No, no, of course not.
Speaker 2: But I did listen to like a lot of podcasts
Speaker 2: and read about shares and whatnot, and then I sort
Speaker 2: of just diversified my money had it been a bitcoin,
Speaker 2: because I was, and then I still had money, Like
Speaker 2: I guess, when you invest it, there is a slight risk,
Speaker 2: and I wanted to minimize it. So I sort of
Speaker 2: spread a couple of my investments out and then had
Speaker 2: cash there in case.
Speaker 3: Yeah cool. I like being pervy about what people are
Speaker 3: investing in or what they're not investing in. I want
Speaker 3: to know what is your debt looking like? So you've
Speaker 3: got your first mortgage, I need to know what's you
Speaker 3: purchase your property for? What is your current loan at?
Speaker 3: What do you think the value of the property is.
Speaker 3: We need to know.
Speaker 2: Okay, so I purchased my property at it was three fifty,
Speaker 2: and I think on that like three I haven't paid
Speaker 2: much down. It'd be like three twenty or three thirty
Speaker 2: three twenty.
Speaker 3: That's pretty good. When you say I haven't paid much down,
Speaker 3: like it's new. I wouldn't have expected any of that
Speaker 3: to have been gone yet.
Speaker 2: Yeah, so it's gone down slightly, which is fantastic. And
Speaker 2: then interesting enough, I've had agents come through going you
Speaker 2: could easily sell it at like five hundred. I could
Speaker 2: put people through what Yeah, because I've consider possibly going
Speaker 2: if I don't renovate the bathroom, like the bathrooms a
Speaker 2: full ripout, and I'm like looking at the cost of
Speaker 2: the time, slight inconvenience because obviously I'm going to have
Speaker 2: to rip a share out toilet everything.
Speaker 3: So yeah, yeah, and that takes a while.
Speaker 2: It's a consideration. But then if I was to pay
Speaker 2: for it, I could probably go like an extra forty grand.
Speaker 3: Then how cool? That is so interesting as well. So
Speaker 3: talk me through how you landed very recently a property
Speaker 3: that's what law. You paid three point fifty, which money
Speaker 3: win for a property that is now worth five hundred.
Speaker 3: How did you stumble across that one?
Speaker 2: Funny enough, I've done a bit of research, and I
Speaker 2: have lived on the coast my whole life. A lot
Speaker 2: of people have gone, oh, you live in that area.
Speaker 2: But then I've also looked at the rental yield of
Speaker 2: what even if I bought it and didn't do much
Speaker 2: to it, it would be close to positively get not
Speaker 2: far off. So I was like, okay, long term that
Speaker 2: I'd be fantastic regardless, my prime focus was just getting
Speaker 2: housing stability and just getting into the market.
Speaker 3: Yeah okay, and it was just lucky that it's now
Speaker 3: worth a bit more. But you were originally, So did
Speaker 3: you find it on real estate dot com? Or did
Speaker 3: you have a buyers agent?
Speaker 2: Like?
Speaker 3: What was the process? Because I feel like when you're
Speaker 3: going through the two percent scheme, the second you get approved,
Speaker 3: you basically have like three months to purchase a property,
Speaker 3: like you get a timeframe and that could be really stressful.
Speaker 3: So like when you got approved, obviously very exciting, but
Speaker 3: then you have to find the property. How did you
Speaker 3: do that?
Speaker 2: So I pretty much went on real estate dot Com
Speaker 2: and there was a lot of pressure trying to find
Speaker 2: something before it expired. So I hounded a lot of
Speaker 2: agents like weekly, I went on every single night, and
Speaker 2: then I also contact them to be like, hey, do
Speaker 2: you have anything coming up? I also did a letterbox drop.
Speaker 2: I went to one area and I did a little
Speaker 2: slip and put it in and actually had a lady
Speaker 2: did contact me ironically, which was great, but it was
Speaker 2: a little bit out of my price range. She goes,
Speaker 2: I do have someone potentially looking in a few months,
Speaker 2: and I was like, well, I can't really be in
Speaker 2: the gray zone. I need like.
Speaker 3: Yeah, I need stability now.
Speaker 2: Yeah. And then I actively also, which I reckon was
Speaker 2: probably like one of the best tips was during Christmas,
Speaker 2: a lot of people have their quiet period and they're
Speaker 2: not actively pursuing property. And I actually looked at this property.
Speaker 2: It was on the twenty eighth of December last year,
Speaker 2: so I knew not a lot of people would be looking.
Speaker 3: Oh my gosh, yeah, so many people would have hung
Speaker 3: up their boots for that period of time.
Speaker 2: It's almost like it reduced the competition of people viewing
Speaker 2: because I went to one and there was like about
Speaker 2: fifty to sixty people were in a queue to go
Speaker 2: view this property. And so I was like, okay, well
Speaker 2: what else can I do? And I was like, well,
Speaker 2: I can go when people are on holidays and go
Speaker 2: look at properties that was in the area, at what
Speaker 2: they've sold at, and see what's a realistic number to
Speaker 2: put forward. And I actually did put an offer on
Speaker 2: this with site unseen, and then the agent said if
Speaker 2: you came to the property and you're happy with it,
Speaker 2: will propose it to the owner straight away. You can
Speaker 2: be the first person.
Speaker 3: Oh good. So it all worked out.
Speaker 2: So it did work out, and I was really glad
Speaker 2: because there was quite a few people coming through. There
Speaker 2: was maybe like a handful, but I already put my
Speaker 2: office through before these people, which was great, I think,
Speaker 2: which also worked to my advantage. It was a little
Speaker 2: bit risky, but I was also like, what's the worst
Speaker 2: case scenario?
Speaker 3: I don't get it. Yeah, oh my gosh, I love that.
Speaker 3: All right, So talk to me about money habits, because
Speaker 3: having had to start over three times, not once, not
Speaker 3: to expect there are three times, you probably have some
Speaker 3: good money habits to share. So I want to know
Speaker 3: what do you think is your best money habit.
Speaker 2: My best money habit, I would say, I think tracking,
Speaker 2: like I do have a spreadsheet of my expenses, food
Speaker 2: budget allocation. And also I can have a tendency where
Speaker 2: I'm too strict at times where I will sacrifice fun.
Speaker 2: So also having I guess like somewhat of healthy balance
Speaker 2: to set staying to have long term goals, like even
Speaker 2: planning something small like financially to help you fill other
Speaker 2: cups of your life in order to get to the
Speaker 2: big goals. I think it's a big thing.
Speaker 3: Yeah, well, what does the flip side look like? Have
Speaker 3: you got any bad money habits that you could share
Speaker 3: with the fam?
Speaker 2: At times, I could be too tight with money.
Speaker 3: Yeah that's hard.
Speaker 2: Yeah, Like I feel bad at time spending money on myself.
Speaker 2: So I think that's why I've sort of allocated some
Speaker 2: money for myself, like small rewards or if you hit
Speaker 2: like a little milestone, you're like, Okay, I can go
Speaker 2: get a facial done. Oh, I can go out for
Speaker 2: lunch or get small rewards.
Speaker 3: And I think that that's important because so many times
Speaker 3: we don't look after ourselves and then everything kind of
Speaker 3: goes down the drain, which is not positive at all.
Speaker 3: Tell me a bit more before you know. I know
Speaker 3: that I'm running out of time here, But when you
Speaker 3: wrote in you said that you had to like restart
Speaker 3: three times. And it's been a massive role coaster of setbacks,
Speaker 3: and I'm sure that there are people listening going, oh
Speaker 3: my god, that's so relatable. That has been me. I
Speaker 3: feel like I am finally on top of it and
Speaker 3: then it all just comes crashing down again. How have
Speaker 3: you maintained your grit, Like, how have you, you know,
Speaker 3: not lost your determination? Because do you know what a
Speaker 3: lot of people would have They would have been like
Speaker 3: maybe I'm just really bad at this and I quit.
Speaker 3: Like I can see how so many people would bury
Speaker 3: their heads in the sand, Like especially after two times
Speaker 3: you're like no, no, thank you, but it happened three
Speaker 3: Like how have you maintained this positive energy to just
Speaker 3: be like no, I can get back up and do
Speaker 3: it again. I'm all good? Like what I.
Speaker 2: Think I'd look at things as lessons? How can you
Speaker 2: learn from them and do different? But life is short,
Speaker 2: so you picked your heart, Like I see constantly single
Speaker 2: moms going, look, I'm trying to find a home, like
Speaker 2: Malise's running out. I've had three units sell underneath us,
Speaker 2: so like I've been there, and a part of me
Speaker 2: is just like you're either hungry to fail, hungry to succeed,
Speaker 2: and no one's going to rescue you, Like you can't
Speaker 2: hope that someone's going to come along and fix everything
Speaker 2: because end of the day, especially when you have children,
Speaker 2: like I look at myself as a role model as well,
Speaker 2: not just so I want to do the best I
Speaker 2: can and my son see that and go, oh, mom
Speaker 2: did it? Like it's pretty funny, like what he even
Speaker 2: thinks of, like renovations and owning and him seeing me
Speaker 2: do that, it's somewhat aspiring. I think he'll probably realize
Speaker 2: that as he gets a bit older. But just no
Speaker 2: one's going to come rescue you, like you can sit
Speaker 2: there and like it's pretty devastating losing it third time,
Speaker 2: and we saw for sale signs and my son's like, Mom,
Speaker 2: maybe we can buy that. And I was like like
Speaker 2: holding back the tears because as a parent, alls you
Speaker 2: want a stability, but you can't just hope something's going
Speaker 2: to happen. Yeah, that's the best way of looking at it.
Speaker 2: It's like pick your heart.
Speaker 3: Pick your heart is kind of fun. I won't say fun,
Speaker 3: it's just kind of like it's a smart way of
Speaker 3: looking at it and just being so like nope, like
Speaker 3: no one's going to come and save you. You actually
Speaker 3: have to do it yourself and pull your finger out
Speaker 3: and like you don't have an option. You actually have
Speaker 3: to get back up and do it again. And I
Speaker 3: guess that's what grit is, right, Like grit is one
Speaker 3: of my favorite concepts, and that's just the idea that
Speaker 3: you don't have to be the smartest, you don't have
Speaker 3: to be the richest, you don't have to be the best,
Speaker 3: but you have to be the one that just got
Speaker 3: up again and again, and that is what makes somebody successful.
Speaker 3: And I just think that's so true because you see
Speaker 3: it in our community time and time again, people like
Speaker 3: you who are like, nah, I'm just gonna get up
Speaker 3: and try again, and then you know at some point
Speaker 3: you will succeed because you've been so tenacious. And I
Speaker 3: think that that's so beautiful, Like it's my favorite thing
Speaker 3: about our community. We've just got stuff to do and
Speaker 3: you're just gonna do it, get it done exactly, money darist.
Speaker 3: At the start, you said that you were like a
Speaker 3: B or A C. And I want to know, like
Speaker 3: you're obviously working your butt off to be a good
Speaker 3: role model for your sign. You've got your first home,
Speaker 3: like you're back on the savings train, Like do you
Speaker 3: think that B two C is applicable right now? But
Speaker 3: then also, what does it mean to be an A
Speaker 3: to you? Like what would it take in your money
Speaker 3: life to get to being an A?
Speaker 2: Being an A? I think perhaps like having more of
Speaker 2: a buffer financially and being able to understand a lot
Speaker 2: of people go like, you live off like you're fifty percent,
Speaker 2: then you save like twenty and like the ratios is
Speaker 2: like having that little bit more of a buffer on
Speaker 2: those ratios would be fantastic. I think that would be
Speaker 2: the best way of looking at it, because I look
Speaker 2: at money as a long game, not a short game.
Speaker 2: So yeah, that would be the best way. I'd probably
Speaker 2: say an increasing my income.
Speaker 3: So I like it, And that's something so achievable, Like
Speaker 3: you're on track. It's not something that you're like, yeah,
Speaker 3: I'd have to be a completely different person like that,
Speaker 3: I have to change myself entirely. I feel like you're
Speaker 3: on track and you're going to do that, which is
Speaker 3: so exciting money Darrest. Now that we've had a chat,
Speaker 3: I just, I mean all, I think that you've done
Speaker 3: such a good job, Like you're setting this good example
Speaker 3: for your son. I love that when you spoke about
Speaker 3: your job, you're like, no, no, no, I really thought about
Speaker 3: my values and what I wanted to do, and like
Speaker 3: what type of income i'd have, And you've bought your
Speaker 3: first property and you've just you've got so much grit
Speaker 3: and I adore it. So I just know that people
Speaker 3: are going to listen to this and be like, she's
Speaker 3: a queen, Like what an icon? And also like, how
Speaker 3: many single mums in that situation are going to go, oh,
Speaker 3: that's so relatable. Like I love that she shared that story.
Speaker 3: So thank you for that because I know that there
Speaker 3: are so many people they're going to be like, this
Speaker 3: was great, Like I feel like I can do it too,
Speaker 3: and that's what we want to get out of the community, right,
Speaker 3: So thank you so much for that. I've adored it.
Speaker 2: Oh, thank you, my total pleasure. Thank you for having me.
Speaker 3: Of course, thank you so much. The advice shared on
Speaker 3: She's on the Money is general in nature and does
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