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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr

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Speaker 1: the Order Kerney Whoalbury and a waddery woman. And before

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Speaker 1: we get started on She's on the Money podcast, I

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Speaker 1: would like to acknowledge the traditional custodians of the land

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Speaker 1: of which this podcast is recorded on a wondery country,

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Speaker 1: acknowledging the elders, the ancestors and the next generation coming

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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing

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Speaker 1: and the storytelling of you to make a difference for

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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Speaker 3: She's on the Money.

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Speaker 2: She's on the Money. Hello, and welcome to She's on

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Speaker 2: the Money, the podcast for millennials who want financial freedom.

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Speaker 2: Welcome back to another one of our very special money

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Speaker 2: diaries where I get the absolute privilege of talking to

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Speaker 2: one of our incredible She's on the Money community members

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Speaker 2: all about their journey. Let's jump straight into it, because

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Speaker 2: this week I got a message and it went a

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Speaker 2: little bit like this. Hi, She's on the Money. I'm

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Speaker 2: a vet student who is steadily growing my investments both

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Speaker 2: shares and full legged, trying to save for rotations while

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Speaker 2: my animals are trying to bankrupt me. I'm a third

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Speaker 2: generation farmer who started listening to She's on the Money

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Speaker 2: on a tractor and would love to share my story

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Speaker 2: from beautiful rural Australia. Money Diarist, welcome, How are you?

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Speaker 3: I'm well, thank you?

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Speaker 2: Oh my gosh, I'm so excited to hear about your

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Speaker 2: full legged investments like that is? I mean cool? I'm confused,

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Speaker 2: but we will get there. Let's dive straight in though.

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Speaker 2: Are you ready to do a podcast? Yes, I'm very excited.

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Speaker 3: All right.

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Speaker 2: As always, we start by asking what grade would you

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Speaker 2: give your money habits on a scale from eighth to F.

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Speaker 3: I'd probably say c CE.

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Speaker 2: All right, let's learn more about that. My actually favorite

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Speaker 2: question of the entire show ever, is tell us a

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Speaker 2: little bit more about your money story. So, Money Diarist,

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Speaker 2: can you give us a little bit of a deep dive?

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Speaker 3: So? Like I said, i am a third generation farmer

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Speaker 3: from rural Australia, and I'm also currently our fourth year

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Speaker 3: that student, halfway through or more than halfway through my

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Speaker 3: degree now getting to the pointy end, and I've got

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Speaker 3: twelve months left of classes before I head off for

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Speaker 3: twelve months worth of rotations which are going to be

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Speaker 3: probably a little bit expensive because we're not paid to

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Speaker 3: do our rotations, so I've got to start saving between

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Speaker 3: now and then. But that's sort of where my special

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Speaker 3: four legged investments help. My parents. Well, my dad is

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Speaker 3: primarily a farmer. My mum's actually also a teacher. Oh cool. Yeah,

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Speaker 3: she works at the local tape in town. So dad

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Speaker 3: likes to call her his diversi.

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Speaker 2: So she's a smart income smart man.

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Speaker 3: And so for the first sort of ten years of

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Speaker 3: my life, we were in quite a severe drought, so

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Speaker 3: mum's income from being a teacher's sort of helped float

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Speaker 3: the f a lot.

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Speaker 2: Yeah wow. So yeah, And then if you don't come

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Speaker 2: from a farming background, I think one of the riskiest

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Speaker 2: things about farming is just how inconsistent income can be.

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Speaker 2: Like income when you're farming can be really really good

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Speaker 2: one year, and then you go through a drought for

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Speaker 2: a few years and you're just not financially equipped for it.

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Speaker 2: And that doesn't just impact like your lifestyle and you know,

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Speaker 2: your ability to save and invest. It actually impacts the animals,

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Speaker 2: It impacts your crops, It impacts the soil for the future,

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Speaker 2: so's it impacts you know, being able to actually invest

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Speaker 2: in more animals in the future. And it's just this

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Speaker 2: very downward spiral, which is why the drought that happened

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Speaker 2: more recently was so catastrophic. I suppose what happened coming

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Speaker 2: out of that drought. Was that something that you know,

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Speaker 2: really weighed heavily on your family or was it sort

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Speaker 2: of okay, or is it something that you knew how

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Speaker 2: to get through, Like, I just want to know a

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Speaker 2: little bit more about that.

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Speaker 3: We're probably a little luckier than some other farmers just

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Speaker 3: in where we're located. We're actually located on a creek

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Speaker 3: that we can use to lift water and then irrigate.

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Speaker 3: So we've got well, our farms seventeen thousand acres and

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Speaker 3: about twelve hundred of those is flood irrigation. So if

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Speaker 3: it wasn't raining and there's water in the creek and

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Speaker 3: Dad's got a certain amount of percentage of allocation, you

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Speaker 3: can then irrigate and at least have some form of

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Speaker 3: food for the sheep and the cows and stuff. And

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Speaker 3: where because where we live is always sort of there's

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Speaker 3: drought years. It's just the ongoing cycle. It's either drought

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Speaker 3: or it's good fodder conservation is a big part. So

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Speaker 3: we've in the past made silage and then buried it

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Speaker 3: with the hope of never seeing it again. But should

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Speaker 3: it become necessary, we can always open it and then

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Speaker 3: feed shit that. So, like I would have been twenty eighteen,

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Speaker 3: I was doing my gap year, and that was quite

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Speaker 3: a drought year for us, So I spent probably six

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Speaker 3: months driving around in the feed trailer feeding out corn

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Speaker 3: and loopins and favor beans to our use to just

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Speaker 3: give them energy to keep on going. And then it

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Speaker 3: did eventually rain, and it often eventually rained, so it's

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Speaker 3: sort of just a waiting game of sticking it out

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Speaker 3: for long enough. And you know, some people you can

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Speaker 3: sort of like my grandfather, he's been living here for

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Speaker 3: I think it's sixty sixty or seventy odd years now,

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Speaker 3: so you know, he can sort of see the cycles,

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Speaker 3: and Dad's the same. They can sort of say, oh,

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Speaker 3: if it hasn't rained by this time of year, Like

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Speaker 3: this year, up until probably two weeks ago, I was

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Speaker 3: looking a bit dry and we're all a bit worried,

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Speaker 3: And then we've had some which has made it a

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Speaker 3: lot easier for us future planning. It's just always a

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Speaker 3: continual cycle in the back of your mind, like do

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Speaker 3: we need to lighten off numbers, sell some stock now

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Speaker 3: and then, Like you say, it's so volatile the market.

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Speaker 3: So the wall market and the sheep market and the

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Speaker 3: cattle market at the moment are all sort of down

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Speaker 3: from where they've been. But when Dad likes to say,

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Speaker 3: when you think about it historically, it's still up from

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Speaker 3: say ten or fifteen years ago. Yeah.

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Speaker 2: Wow. I find that so interesting because I just having

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Speaker 2: grown up in Tasmania and I did move over when

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Speaker 2: I was relatively young, but having farmer grandparents, like I

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Speaker 2: know a bit about it, but not necessarily enough about it,

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Speaker 2: and I just find it so so interesting. I remember

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Speaker 2: my mum telling me a bit about how she would

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Speaker 2: get pocket money growing up living on a farm, and

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Speaker 2: to me that was mind blowing because it's such a

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Speaker 2: different way to get pocket money because I guess side

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Speaker 2: story growing up, mum was allocated a whole paddock and

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Speaker 2: she had to look after that paddock and look after

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Speaker 2: the animals in that paddy and make sure they were

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Speaker 2: fed and then take them off for sale, and that

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Speaker 2: ended up being her profit and her pocket money for

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Speaker 2: the year, right, And so that's very different to me

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Speaker 2: doing the chores and emptying the dishwasher, right, So I

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Speaker 2: want to know money, Direst. Don't really use your name,

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Speaker 2: I'm sorry. I want to know how did you get

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Speaker 2: pocket money growing up, if there was any, and how

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Speaker 2: did you discuss money as a family.

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Speaker 3: Pocket money growing up? I mean, probably didn't really have

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Speaker 3: pocket money as such properly until we sort of went

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Speaker 3: to boarding school. But it was just like from however

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Speaker 3: old we were always or probably since we could walk,

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Speaker 3: we were always outside on the farm. Like if mum

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Speaker 3: was working, she'd throw me and my sister, we're pretty

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Speaker 3: close in age, we'd go off with that and we'd

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Speaker 3: sit in the front of you and go feeding sheep

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Speaker 3: or just helping. And then you know, and you get

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Speaker 3: a bit bigger. We're obviously doing all the jobs, feeding

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Speaker 3: all the animals at home here, and then like helping

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Speaker 3: with landmarking, helping with calf marking, helping just in the

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Speaker 3: yards and stuff. And I suppose because I've been doing

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Speaker 3: it for so long, I just that's just my life.

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Speaker 3: I don't really see it as any different. But yeah,

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Speaker 3: it's really just been helping out. And like now I'm

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Speaker 3: a bit older. It's I almost say that UNI gets

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Speaker 3: in the way of me helping at home, but I

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Speaker 3: come home on most weekends if Mom and Dad need

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Speaker 3: a hand around, and then all my holidays are sort

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Speaker 3: of spent working at home on the farm.

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Speaker 2: Amazing, All right, talk to me. The next question is

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Speaker 2: what do you do for work and how much money.

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Speaker 3: Do you earn? So all my work sort of casual

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Speaker 3: work because the degree that I'm doing is so intensive

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Speaker 3: that I don't really do any don't really have time

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Speaker 3: for a job as on top of my studying in

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Speaker 3: order to not fail any subjects and sort of delay

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Speaker 3: my graduation. So yeah, in any of the holidays, all

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Speaker 3: the small holidays, so like midsem and middle of the year,

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Speaker 3: I come home and give mom and dad a hand

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Speaker 3: at the farm. It's whatever we're doing. And Dad sort

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Speaker 3: of just pays us a day rate, which is two

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Speaker 3: and fifty dollars a day, so depending on how many

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Speaker 3: days of work we do, we'll get paid. And then

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Speaker 3: I do actually in the summer holidays because it's a

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Speaker 3: bit longer. I've spent the last three years seeing on

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Speaker 3: a chaser bin for harvest for a family friends, and

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Speaker 3: that's a very intensive job. It's sort of big hours,

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Speaker 3: sort of averaging a fourteen hour day for thirty dollars

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Speaker 3: an hour, and then you sort of just keep going

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Speaker 3: until you finish, or if there's a wet day, you

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Speaker 3: might have that day off or stuff like that. And

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Speaker 3: then I'm also fortunate enough, I well, it wasn't necessarily

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Speaker 3: the choice, but I did two gap years, so I

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Speaker 3: was able to be assessed as an independent when I

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Speaker 3: went to UNI. So I've been receiving setlink for the

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Speaker 3: entirety of my UNI degree, which.

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Speaker 2: Is how did you swindle that one.

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Speaker 3: I was always going to have one gap year, and

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Speaker 3: I did that at home, and then I was sort

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Speaker 3: of going to the end of the year and I

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Speaker 3: was like, oh, someone mentioned to me that they were

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Speaker 3: going to go work in a summer camp in America,

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Speaker 3: and I was like, oh, that sounds like a really

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Speaker 3: interesting idea.

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Speaker 2: That's cool.

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Speaker 3: So I hope lied for that and got that job.

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Speaker 3: So I had two gap years, and then coming back,

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Speaker 3: the accountant was like, well, you only needed to have

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Speaker 3: worked for fourteen months full time, which I did before

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Speaker 3: I went to America to be assessed. And I mean,

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Speaker 3: Sandlin did give me the run around as I often do,

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Speaker 3: but we got there in the end, and yeah, I

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Speaker 3: was able to be assessed as independent, which was great.

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Speaker 2: That is so helpful, especially at UNI. I feel like

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Speaker 2: it really helps you feel a lot more independent, like

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Speaker 2: less reliant on parents and a little bit more freedom

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Speaker 2: to actually spend time studying and you know, getting the

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Speaker 2: degree that you want to get done done. And I

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Speaker 2: mean at the end of the day, you're going to

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Speaker 2: be a VET. So sorry money dirist, but you will

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Speaker 2: be paying a fair amount of tax. So kind of

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Speaker 2: what goes around comes around.

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Speaker 3: Yeah, that's it.

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Speaker 2: Yeah, absolutely, absolutely tell me a little bit more about

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Speaker 2: I guess your annual income, So what do you think

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Speaker 2: each year you're taking in and how much do you

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Speaker 2: think you have to save to do all of these

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Speaker 2: placements that are coming up.

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Speaker 3: So I did look the other day and for this

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Speaker 3: current financial year today, it's probably been my biggest financial

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Speaker 3: year income wise for a long time.

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Speaker 2: Oh a big dog energy.

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Speaker 3: Yeah, and it's just sort of sitting just under the

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Speaker 3: twenty thousand for that's just for like my harvest work

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Speaker 3: and work at home and then obviously settl links around

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Speaker 3: that eighteen you know, eighteen thousand, two hundred mark.

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Speaker 2: So it's what thirty eight thousand, Yeah.

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Speaker 3: So it's not too bad. And then in terms of

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Speaker 3: the rotations twelve months of rotations, they sort of I

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Speaker 3: think I've heard from this above that they tell you

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Speaker 3: to sort of budget around one thousand dollars a week

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Speaker 3: and it's a third three week what.

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Speaker 2: A thousand dollars a week? Yeah, that you're meant to

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Speaker 2: pay for accommodation to get a degree and you're not

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Speaker 2: being paid for you rotations. I cannot, like, I know

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Speaker 2: that obviously vets are the same, but the amount of

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Speaker 2: friends that I have in nursing and Midwiffrey, it blows

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Speaker 2: my mind that these placements are unpaid work when obviously,

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Speaker 2: if you're a nurse, you are probably going to hear

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Speaker 2: this and go, yeah, that's absolutely true. You're doing so

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Speaker 2: much work that should be paid, like you're doing the

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Speaker 2: work of somebody else. And in VET, I'm just going

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Speaker 2: to make a stab in the dark and assume that

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Speaker 2: you're probably doing even more because there's, like, let's be honest,

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Speaker 2: slightly less risk because it's not human lives, but also

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Speaker 2: there's less hands on deck, like you're not in a hospital,

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Speaker 2: and I'm assuming money dirests. Given the information you've given us,

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Speaker 2: you're probably going to be rural, so you're probably doing

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Speaker 2: one on one. You're probably going to be functioning basically

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Speaker 2: as a vet, right.

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Speaker 3: Yeah, yeah, no, that's it. Like the last twelve months

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Speaker 3: you basically send you out as a baby vet and

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Speaker 3: you learned from everyone else and doing surgeries and stuff,

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Speaker 3: and you're.

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Speaker 2: Not being paid for it. Like this blows my mind

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Speaker 2: because there's such you know, you're doing really well. Thirty

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Speaker 2: eight grand is such a nice amount of money, and

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Speaker 2: you know, we'll get to what you're saving and what

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Speaker 2: you're investing for the future and all of this. But

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Speaker 2: there's such a privilege to being able to do that,

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Speaker 2: Like there are so many people who would be listening

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Speaker 2: to this and going, I would love to be a vet.

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Speaker 2: I am so obsessed to live animals, Like I would

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Speaker 2: you know, die to do that job, but I just

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Speaker 2: can't afford to do the placements and the rotations. Like

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Speaker 2: it breaks my heart that that's the case, because so

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Speaker 2: many people would be so good, but they just can't

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Speaker 2: make that sacrifice and the amount of planning that goes

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Speaker 2: into you just doing it wild, Like it blows my mind.

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Speaker 2: Have you got friends that maybe are in a similar

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Speaker 2: position who might not be able to study what you're

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Speaker 2: studying or take the rotations that you're taking. Is that

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Speaker 2: a common thing in your I guess let's call it

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Speaker 2: an industry or your study.

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Speaker 3: I think the industry like even though we don't get paid,

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Speaker 3: A lot of vet clinics because they like this is

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Speaker 3: almost like the year where you sort of can tribe

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Speaker 3: for you buy for your first job. There's obviously scholarships

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Speaker 3: and stuff you can get to help with it.

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Speaker 2: But they're not guaranteed, right, No, but a lot of

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Speaker 2: vet clinics they'll either have accommodation for vet students or

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Speaker 2: often like people who work in the vet clinic put

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Speaker 2: up vet students or you know, you cause you can

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Speaker 2: sort of pick some of your rotations.

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Speaker 3: You can pick, you know, if you know you've got

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Speaker 3: a friend of a friend or a family friend who

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Speaker 3: lives there you can stay with for a few weeks.

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Speaker 3: But yeah, definitely I reckon. Because my university is more

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Speaker 3: of a rural university, we might have a lot of

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Speaker 3: my friends like we're all sort of thinking about it

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Speaker 3: now because we've got twelve months until then, Like, how

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Speaker 3: can we make the most money, especially over summer, so

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Speaker 3: that we can afford afford to go on rotations.

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Speaker 2: Yeah, totally. Oh my gosh, it stresses me out thinking

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Speaker 2: about it. And yeah, it just reminds me of the

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Speaker 2: privilege that exists around study. Like it's not just around

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Speaker 2: being able to pay for the actual units, it's like

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Speaker 2: the time and the energy and the effort. And not

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Speaker 2: to mention, you're from a farming family, so that time

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Speaker 2: out of the farm as well is time that I mean,

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Speaker 2: you're probably not being paid on the farm when you're

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Speaker 2: hanging out with your parents doing some work, but like

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Speaker 2: that's work that's not being done that your parents might

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Speaker 2: actually have to replace at some point, and that can

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Speaker 2: have further financial impact that I think not many people

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Speaker 2: think about and it's very frustrating. But at the same time, again,

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Speaker 2: I mean, they're probably going to be pretty happy to

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Speaker 2: have a fully qualified VET on hand because like my

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Speaker 2: friend farming vets, there's beeno.

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Speaker 3: Yeah no, dad's he says, I can't wait till you

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Speaker 3: graduate so I never have to pay an absent for

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Speaker 3: a VET bill.

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Speaker 2: One hundred percent, Like that's exactly what I'd be doing.

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Speaker 2: I'd be like, all right, money direst I am investing

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Speaker 2: in your future so that I don't have to pay

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Speaker 2: vet bills because that's expansive and running a farm. They're

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Speaker 2: sick every second week, like there's something going on. Someone's

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Speaker 2: hoof's upset, someone else is not eating, someone else is

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Speaker 2: having a baby. Like everything is going on on a farm.

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Speaker 2: Vets right in.

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Speaker 3: Yeah, No, he's probably more excited than I am.

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Speaker 2: I love it. I love it. At least he and

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Speaker 2: I are on the same page. We can see the vision,

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Speaker 2: we can see the investment that we're making today. All right,

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Speaker 2: tell me a little bit more. I want to know.

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Speaker 2: You're obviously saving for rotations, but what is your big

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Speaker 2: money goal? What are you working towards.

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Speaker 3: I'm a bit weird. I don't really have a big

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Speaker 3: money goal. One thing that it's sort of sitting in

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Speaker 3: the back of my mind talking to a few of

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Speaker 3: the lecturers and stuff, is my university accreditation is slightly

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Speaker 3: different to some of the other unis and it doesn't

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Speaker 3: actually allow you to practice in North America. Oh once

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Speaker 3: I graduate.

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Speaker 2: So and is that a very big restriction for you

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Speaker 2: at this point? Inside?

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Speaker 3: No, it's not. But I have been like chatting with

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Speaker 3: a few of the lecturers at UNI. Some of them

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Speaker 3: have said, if you want to sit your North American

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Speaker 3: exams straight after you graduate, because that's when you know

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Speaker 3: the most because you've already been studying for your final exam.

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Speaker 3: You've been cramming so and then once you sit it

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Speaker 3: and if you pass, then you can work anywhere in

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Speaker 3: the world. So it's sort of half in the back

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Speaker 3: of my mind. I've got a brother who's moved over

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Speaker 3: and is living in La and.

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Speaker 2: Oh Okay, so there is a connection there. I was like,

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Speaker 2: where are we going with this? Like, are you moving

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Speaker 2: to the US? Is this like your pipe dream You're

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Speaker 2: going to run away from farming life and you're going

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Speaker 2: to live that big La life as a vet for

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Speaker 2: tiny chuaurs.

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Speaker 3: No, No, it's more of because I've been to America

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Speaker 3: and I really enjoyed the countryside. It kind of be

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Speaker 3: a bit of fun to go over there for a

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Speaker 3: year or two. The option, Yeah, that's it.

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Speaker 2: Financially, what does that mean for you? Like are the

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Speaker 2: exams expensive? Do you have to go there to sit them?

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Speaker 3: Like?

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Speaker 2: What does that look like?

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Speaker 3: They are expensive? I haven't looked it up exactly, but

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Speaker 3: when talking to lectures, they said it's probably about fifteen

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Speaker 3: thousand Australia just.

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Speaker 2: To do the exams. Yeah, fifteen thousand dollars.

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Speaker 3: Yeah, and I'm actually there's a local vet who's from

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Speaker 3: France who's having to sit his Northern Australian Accreditation to

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Speaker 3: be licensed to work in Australia. Yeah, and he's he

365
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Speaker 3: failed one exam and he's got to reseit it, and

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Speaker 3: so you've got to pay to reset it again.

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Speaker 2: No, what is it in Australia in comparison.

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Speaker 3: I'm not even sure.

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Speaker 2: But that's not even a study, Like that's like worth

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00:18:18,160 --> 00:18:21,040
Speaker 2: what a unit's about five grand ish, give or take,

371
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Speaker 2: depending on what university you're going to and what you're studying.

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Speaker 2: That's three units just to sit an exam. Yeah, that's

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Speaker 2: like a whole semester, nearly worth of money that is

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Speaker 2: just going to be flushed down the drain so you

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Speaker 2: can write on some paper and get an a credit.

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Speaker 3: I can't.

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Speaker 2: I can't. That's so expensive.

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Speaker 3: Yeah.

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Speaker 2: No, so your big money goal is to sit the

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Speaker 2: North American Exam potentially.

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Speaker 3: Yeah, potentially, failing that, I might buy a new horse

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Speaker 3: or something instead.

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Speaker 2: Yeah, like that's exactly what I was thinking. I was like,

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Speaker 2: if I don't do the exams, I'm just going to

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Speaker 2: buy a horse. Do you already have horses?

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Speaker 3: We've got five horses at the moment, but they're a

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Speaker 3: mix of bag got two that are sort of being

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Speaker 3: able to have written and then an old retiree or

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Speaker 3: two old retirees and a miniature pony who's basically just

390
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Speaker 3: a companion.

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Speaker 2: Oh. I love old horses. I feel like they have

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Speaker 2: so much attitude and then kind of already know. They're like,

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Speaker 2: you're not going to ride me, You're just gonna feed me,

394
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Speaker 2: and you're gonna pat me, and you're gonna brush me,

395
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Speaker 2: and I'm going to live my best life. And also

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Speaker 2: I'm going to have the attitude of a young horse.

397
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Speaker 2: I love them.

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Speaker 3: That sums up our thirty year old horse exactly. They know.

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Speaker 2: It's like they're way smarter than we ever are. They're like,

400
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Speaker 2: we've gained the system, We've gotten to this age, and

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Speaker 2: now I'm going to live my best life.

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Speaker 3: Mm hm, that's them.

403
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Speaker 2: Horses are expensive, though. Is that something that you have

404
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Speaker 2: to allocate in your personal budget or is that like

405
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Speaker 2: a farm expense or how does that work?

406
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Speaker 3: It's sort of between the two if I want to

407
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Speaker 3: go riding at events or anything that's personal. Same with

408
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Speaker 3: any gear that I need to purchase, I sort of

409
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Speaker 3: I kind of own well, I do own two of

410
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Speaker 3: the five outright, and then the others are more of

411
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Speaker 3: like a able to be well, they're stock horses, so

412
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Speaker 3: part of the farm sort of we go fifty to fifty.

413
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Speaker 3: But like a lot of the time farrier costs, which

414
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Speaker 3: are every six six, six to eight weeks, it costs

415
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Speaker 3: probably around the five hundred dollars.

416
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Speaker 2: And is that for each horse or is that no,

417
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Speaker 2: that's for all five, all five, so it's about one

418
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Speaker 2: hundred dollars a horse every six to eight weeks. That's

419
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Speaker 2: an expensive haircut. So for those of you following along,

420
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Speaker 2: farrier costs where a farrier comes in and like cuts

421
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Speaker 2: the horses nails and puts new shoes on and makes

422
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Speaker 2: sure that they're all okay. They're kind of like, I

423
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Speaker 2: don't know, a horsey pedicure.

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Speaker 3: You would say, yeah, yeah, that's it.

425
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Speaker 2: So five hundred bucks, that's so much money.

426
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Speaker 3: And that's probably cheaper than a lot of other people pay.

427
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Speaker 3: Costs very depending on where you are in the country,

428
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Speaker 3: but it's not a cost that you can skimp on

429
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Speaker 3: because obviously horses are big animals and if their feet

430
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Speaker 3: aren't right then they'll go lame.

431
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Speaker 2: And yeah, no, absolutely, And you mentioned before you might

432
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Speaker 2: buy a new horse. I'm just going to take a

433
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Speaker 2: stab in the dark and make an assumption that most

434
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Speaker 2: people listening to the show right now have no idea

435
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Speaker 2: what a horse costs. So could you tell me how

436
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Speaker 2: much does it cost to buy a new horse?

437
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Speaker 3: Well, just for the horse itself, it really varies in

438
00:21:20,240 --> 00:21:22,520
Speaker 3: depending on what you're looking for. You could get a

439
00:21:22,520 --> 00:21:24,919
Speaker 3: horse for free, but often what you pay is what

440
00:21:24,960 --> 00:21:27,920
Speaker 3: you get. I'd probably be wanting to buy a new

441
00:21:28,000 --> 00:21:32,160
Speaker 3: stock horse. And at the moment, prices are a bit ridiculous, and.

442
00:21:32,160 --> 00:21:34,520
Speaker 2: They kind of like use car prices at this point.

443
00:21:35,160 --> 00:21:36,000
Speaker 2: That's relatable.

444
00:21:36,359 --> 00:21:41,280
Speaker 3: Yeah, that's exactly it. They're probably for something that's not

445
00:21:41,359 --> 00:21:44,399
Speaker 3: too old, had a bit of experience. Your sort of

446
00:21:44,760 --> 00:21:47,920
Speaker 3: minimum would be ten ten thousand dollars.

447
00:21:47,520 --> 00:21:50,920
Speaker 2: Ten grand. Yeah, and then they cost you five hundred

448
00:21:50,960 --> 00:21:52,960
Speaker 2: bucks every six to eight weeks, or one hundred dollars,

449
00:21:53,040 --> 00:21:56,600
Speaker 2: let's be honest, every six to eight weeks. And I'm

450
00:21:56,640 --> 00:21:59,800
Speaker 2: assuming you don't have any adjustment costs because you keep

451
00:21:59,800 --> 00:22:01,520
Speaker 2: them on your own property, right.

452
00:22:01,920 --> 00:22:04,320
Speaker 3: No, I don't have any justment costs at home, but

453
00:22:04,359 --> 00:22:07,280
Speaker 3: I do take one horse back to UNI with me.

454
00:22:08,040 --> 00:22:12,120
Speaker 3: They go to UNI with you, Yeah, I take one

455
00:22:12,320 --> 00:22:13,040
Speaker 3: to UNI with me.

456
00:22:13,359 --> 00:22:15,800
Speaker 2: Yeah, that's really relatable. What does that cost you?

457
00:22:16,160 --> 00:22:19,160
Speaker 3: That cost me for a single paddic, it's forty dollars

458
00:22:19,200 --> 00:22:19,520
Speaker 3: a week.

459
00:22:19,600 --> 00:22:21,959
Speaker 2: Forty dollars a week doesn't sound too bad. I mean

460
00:22:21,960 --> 00:22:24,560
Speaker 2: it's cheaper than a gym membership at this point. But

461
00:22:25,160 --> 00:22:27,360
Speaker 2: do they have to share their paddic with other horses,

462
00:22:27,480 --> 00:22:30,120
Speaker 2: and like what kind of care and keep happens there?

463
00:22:30,119 --> 00:22:31,960
Speaker 2: Like do you have to visit every day and feed them?

464
00:22:32,160 --> 00:22:34,080
Speaker 3: Mine's a private paddock, so it's just my horse in

465
00:22:34,119 --> 00:22:37,040
Speaker 3: the paddock. I do typically go out daily just to

466
00:22:37,080 --> 00:22:41,000
Speaker 3: double check. I'm luckier than some in that we produce

467
00:22:41,080 --> 00:22:43,320
Speaker 3: our own hay here, so if I need to take

468
00:22:43,359 --> 00:22:47,000
Speaker 3: supplementary food over to care, I just take hay from home.

469
00:22:47,040 --> 00:22:50,560
Speaker 3: But if I didn't have that option, you'd probably be

470
00:22:50,600 --> 00:22:52,600
Speaker 3: looking at like a big round bowl of hay which

471
00:22:52,640 --> 00:22:54,560
Speaker 3: might lost a horse a couple of weeks. That could

472
00:22:54,600 --> 00:22:59,120
Speaker 3: be anywhere from sixty to one hundred dollars. So I'm

473
00:22:59,320 --> 00:23:03,760
Speaker 3: very very in that being from a farm, it reduces

474
00:23:03,800 --> 00:23:08,120
Speaker 3: the costs of my horses dramatically compared to people who

475
00:23:08,160 --> 00:23:12,560
Speaker 3: aren't as fortunate, but there's still a very expensive.

476
00:23:12,000 --> 00:23:14,199
Speaker 2: Habit they are and that's why I was like, all right,

477
00:23:14,280 --> 00:23:16,639
Speaker 2: tell me a little bit more, because they are so

478
00:23:16,840 --> 00:23:20,280
Speaker 2: expensive and it's one of those things that adds up

479
00:23:20,359 --> 00:23:22,399
Speaker 2: all the time, and if you don't live on a farm,

480
00:23:22,840 --> 00:23:26,080
Speaker 2: that cost can be astronomical. And I'm assuming money direst

481
00:23:26,160 --> 00:23:29,440
Speaker 2: that because of where you're going to UNI, because you're

482
00:23:29,440 --> 00:23:32,840
Speaker 2: going to UNI regionally as well, it's much cheaper. Whereas

483
00:23:32,920 --> 00:23:35,240
Speaker 2: I've got friends and this is probably going to shock

484
00:23:35,320 --> 00:23:38,200
Speaker 2: you who live closer to the city and they're paying

485
00:23:38,320 --> 00:23:41,720
Speaker 2: five hundred dollars a week for a paddock close to

486
00:23:41,760 --> 00:23:44,439
Speaker 2: them because they obviously, you know, they're inner city and

487
00:23:44,440 --> 00:23:46,280
Speaker 2: they want to make sure that they can ride all

488
00:23:46,320 --> 00:23:48,800
Speaker 2: the time. And I'm like that provily just showing my friend.

489
00:23:49,359 --> 00:23:52,840
Speaker 3: Yeah, no, that doesn't really surprise me at all, because yeah, well,

490
00:23:52,880 --> 00:23:57,879
Speaker 3: my adjustment place is someone's farm around the town. With

491
00:23:57,960 --> 00:24:00,399
Speaker 3: the UNI is they've taken advantage of a bit of

492
00:24:00,720 --> 00:24:03,199
Speaker 3: land they weren't using and divide it up into horse paddocks.

493
00:24:03,200 --> 00:24:06,159
Speaker 3: And obviously because the UNI's there. You got influx of

494
00:24:06,840 --> 00:24:08,960
Speaker 3: kids who've got horses, so it's a bit of extra

495
00:24:08,960 --> 00:24:10,520
Speaker 3: income for the farmer.

496
00:24:10,880 --> 00:24:13,640
Speaker 2: Absolute genius. I love that so much. All Right, let's

497
00:24:13,680 --> 00:24:16,400
Speaker 2: get back on track. I've got a lot of questions

498
00:24:16,440 --> 00:24:18,000
Speaker 2: for you, and we're going to get to them right

499
00:24:18,040 --> 00:24:25,080
Speaker 2: after this break. All right, money, Dirist, we are back,

500
00:24:25,119 --> 00:24:27,600
Speaker 2: and I am loving this conversation. I feel like it's

501
00:24:27,680 --> 00:24:30,520
Speaker 2: very educational, but it's also very wholesome, like it's very

502
00:24:30,560 --> 00:24:33,240
Speaker 2: salt of the earth. I'm very excited to learn a

503
00:24:33,280 --> 00:24:36,280
Speaker 2: lot more about you and your I guess journey. In

504
00:24:36,520 --> 00:24:40,000
Speaker 2: your letter into us, you said that you are steadily

505
00:24:40,040 --> 00:24:44,879
Speaker 2: growing your investments, both in shares and four legged investments.

506
00:24:45,160 --> 00:24:48,120
Speaker 2: So my next question is what are your investments, how

507
00:24:48,119 --> 00:24:49,840
Speaker 2: do they work and how do they walk?

508
00:24:51,200 --> 00:24:55,679
Speaker 3: So I have a couple of shares accounts. I have

509
00:24:55,760 --> 00:24:59,120
Speaker 3: one with Westpac that I've got about thousands dollars in,

510
00:24:59,359 --> 00:25:02,440
Speaker 3: and then I also so open to Chazy's account this

511
00:25:02,560 --> 00:25:07,919
Speaker 3: year just for that ease of the smaller transactions, whereas

512
00:25:08,119 --> 00:25:11,000
Speaker 3: WESTPACX obviously limited to a five hundred dollars minimum buy.

513
00:25:11,440 --> 00:25:14,879
Speaker 2: Yeah, that's hard, hey, especially as a UNI student on

514
00:25:14,920 --> 00:25:18,400
Speaker 2: a lower income it's like, well, that's not that common, guys.

515
00:25:18,680 --> 00:25:21,520
Speaker 3: Yeah, no, I thought I loved the idea of, you know,

516
00:25:21,600 --> 00:25:23,960
Speaker 3: investing with as little as a cent from chass.

517
00:25:23,960 --> 00:25:26,600
Speaker 2: It's pretty sexy, isn't it? Just the idea, just like

518
00:25:27,280 --> 00:25:29,600
Speaker 2: it's not even coffee money. It's less than coffee money,

519
00:25:30,160 --> 00:25:33,000
Speaker 2: like the coffee I'm drinking right now. Five dollars fifty

520
00:25:33,040 --> 00:25:35,159
Speaker 2: what an absolute raw? Do you know how many shares

521
00:25:35,160 --> 00:25:35,800
Speaker 2: I could have bought?

522
00:25:35,960 --> 00:25:38,760
Speaker 3: I know, it's been awesome. I love chair Zya's for that.

523
00:25:38,840 --> 00:25:41,200
Speaker 3: I also love I've set up so I've got about

524
00:25:41,440 --> 00:25:45,040
Speaker 3: I think it's a checked this morning. It's worth nine

525
00:25:45,160 --> 00:25:47,359
Speaker 3: hundred and eighty dollars at the moment, and I've set

526
00:25:47,440 --> 00:25:51,680
Speaker 3: up a auto invest for ten dollars a week, which

527
00:25:51,720 --> 00:25:53,640
Speaker 3: is I've give it up into be I think it's

528
00:25:53,640 --> 00:25:56,359
Speaker 3: a dollar per ten shares that I've gotten there, and

529
00:25:56,359 --> 00:25:59,440
Speaker 3: they're mostly dividend shares.

530
00:26:00,080 --> 00:26:03,040
Speaker 2: I love this so much because you just told me

531
00:26:03,080 --> 00:26:06,840
Speaker 2: that you have a Westpac investment platform, right and there's

532
00:26:06,880 --> 00:26:09,640
Speaker 2: a thousand dollars on there right now, which means you've

533
00:26:09,640 --> 00:26:12,160
Speaker 2: probably invested let's say twice, or you've done like one

534
00:26:12,240 --> 00:26:15,639
Speaker 2: big lot, right. But you said, oh, I went to

535
00:26:15,720 --> 00:26:18,639
Speaker 2: chare Z's because I couldn't afford the west Pack. But

536
00:26:18,680 --> 00:26:22,320
Speaker 2: you've basically got the same amount on Chaz's as you

537
00:26:22,400 --> 00:26:25,400
Speaker 2: do on west Pack, because I'm assuming you didn't realize

538
00:26:25,440 --> 00:26:27,880
Speaker 2: how quickly things would add up and from little things,

539
00:26:27,920 --> 00:26:30,639
Speaker 2: big things really do grow. So it's basically going to

540
00:26:30,680 --> 00:26:33,640
Speaker 2: overtake what your west Pack is if you keep doing

541
00:26:33,720 --> 00:26:35,800
Speaker 2: that all to invest of ten dollars a week, right,

542
00:26:36,240 --> 00:26:39,440
Speaker 2: and it just feels so much more, I guess, palatable

543
00:26:39,560 --> 00:26:42,680
Speaker 2: and easy to invest. So I'm making a grand assumption

544
00:26:42,720 --> 00:26:44,959
Speaker 2: here that your Chares's account is going to overtake your

545
00:26:44,960 --> 00:26:47,239
Speaker 2: west Pack account, and then it won't make a lot

546
00:26:47,280 --> 00:26:49,679
Speaker 2: of sense to invest at a five hundred dollars minimum

547
00:26:49,680 --> 00:26:51,199
Speaker 2: because you're like, well, I've got the same things on

548
00:26:51,240 --> 00:26:52,119
Speaker 2: both platforms.

549
00:26:52,400 --> 00:26:55,280
Speaker 3: Yeah, no, it is. I used to look at west

550
00:26:55,320 --> 00:26:58,480
Speaker 3: Pack a fair bit, but now I sort of almost

551
00:26:58,480 --> 00:27:02,240
Speaker 3: giving it flick At the minute. I'm focusing on chairs

552
00:27:02,240 --> 00:27:05,000
Speaker 3: Eas because yeah, it's just exciting watching it.

553
00:27:04,960 --> 00:27:07,760
Speaker 2: Grow and the platform, I mean, I obviously work with them,

554
00:27:07,800 --> 00:27:10,960
Speaker 2: so I'm quite you could say bias, but I also

555
00:27:11,119 --> 00:27:13,400
Speaker 2: invest on Chaseeas. I just feel like it's so aesthetic,

556
00:27:13,720 --> 00:27:16,359
Speaker 2: like it looks cute. I feel like a pro investor.

557
00:27:16,440 --> 00:27:19,120
Speaker 2: That's like aesthetic. At the same time, it's ten out

558
00:27:19,119 --> 00:27:22,159
Speaker 2: of ten from me. Anyway, what else do you invest in?

559
00:27:22,160 --> 00:27:24,640
Speaker 2: Because I know it's not just Westpac in chairs, eas

560
00:27:25,119 --> 00:27:25,440
Speaker 2: I do.

561
00:27:25,480 --> 00:27:28,600
Speaker 3: Have about almost ten thousand dollars in my super at

562
00:27:28,600 --> 00:27:29,000
Speaker 3: the moment.

563
00:27:29,359 --> 00:27:32,720
Speaker 2: Oh what that's so good for your age and so

564
00:27:32,880 --> 00:27:36,040
Speaker 2: good for the fact that you've worked internationally and haven't

565
00:27:36,040 --> 00:27:40,000
Speaker 2: really worked let's say, like full proper jobs. You could

566
00:27:40,080 --> 00:27:42,640
Speaker 2: say you've been doing a lot of farm work, which

567
00:27:42,720 --> 00:27:45,520
Speaker 2: often is a little bit cash in hand, a little

568
00:27:45,560 --> 00:27:48,840
Speaker 2: bit on the side. How good's that ten grand? How

569
00:27:48,880 --> 00:27:49,679
Speaker 2: have you managed that?

570
00:27:50,320 --> 00:27:52,760
Speaker 3: I don't actually know. I suppose it was probably most

571
00:27:52,800 --> 00:27:56,679
Speaker 3: of it's been kicked in from the eighteen months of

572
00:27:56,760 --> 00:27:59,800
Speaker 3: my first gap years I worked full time at home. Yeah,

573
00:28:00,080 --> 00:28:04,479
Speaker 3: and then obviously I do guess a fair chunk that

574
00:28:04,600 --> 00:28:06,760
Speaker 3: goes in when I work with Dad every year and

575
00:28:06,800 --> 00:28:11,159
Speaker 3: then harvest as well. So it's just been exciting to

576
00:28:11,200 --> 00:28:11,920
Speaker 3: watch that grow.

577
00:28:12,160 --> 00:28:15,480
Speaker 2: How good? And is that something that you have had

578
00:28:15,520 --> 00:28:17,400
Speaker 2: an eye on or is that something where you're like, oh,

579
00:28:17,400 --> 00:28:19,320
Speaker 2: I just know I've got ten grand in there. Have

580
00:28:19,440 --> 00:28:22,199
Speaker 2: you actively chosen your super account and what's going on

581
00:28:22,240 --> 00:28:24,240
Speaker 2: there or is that just something that's just kind of like.

582
00:28:24,240 --> 00:28:27,040
Speaker 3: Rolled on well up until recently, it was something I

583
00:28:27,240 --> 00:28:30,600
Speaker 3: just signed up for a while ago. But this year,

584
00:28:30,680 --> 00:28:33,120
Speaker 3: chatting with an aunt of mine who's been a bit

585
00:28:33,200 --> 00:28:37,159
Speaker 3: excited about talking investments with me, I love her. Yeah, No,

586
00:28:37,240 --> 00:28:41,080
Speaker 3: I love her too. I've actively changed it this year

587
00:28:41,120 --> 00:28:46,320
Speaker 3: to the lowest fees still with a growth seventy five

588
00:28:46,360 --> 00:28:51,200
Speaker 3: percent growth account through host plus. So trying to minimize

589
00:28:51,240 --> 00:28:53,160
Speaker 3: costs and maximize growth.

590
00:28:53,000 --> 00:28:57,400
Speaker 2: Of How smart? All right, four Legged investments? Tell me

591
00:28:57,440 --> 00:28:59,920
Speaker 2: a bit more about how that works. Are you trying

592
00:28:59,920 --> 00:29:03,800
Speaker 2: to tell me that you are classifying your horses in investments?

593
00:29:04,040 --> 00:29:04,560
Speaker 3: No?

594
00:29:04,560 --> 00:29:07,440
Speaker 2: No, I mean they're not, because they're costing you five

595
00:29:07,520 --> 00:29:10,120
Speaker 2: hundred dollars every six to eight weeks. And I mean

596
00:29:10,200 --> 00:29:13,680
Speaker 2: they might increase in value, but you'd have to sell them.

597
00:29:13,800 --> 00:29:15,960
Speaker 2: And judging by the look on your face when you

598
00:29:15,960 --> 00:29:17,960
Speaker 2: were telling me about your horses, I don't think they're

599
00:29:18,000 --> 00:29:19,000
Speaker 2: going anywhere, my friend.

600
00:29:19,200 --> 00:29:23,960
Speaker 3: No, No, they're definitely a cost rather than an asset. No,

601
00:29:24,120 --> 00:29:28,120
Speaker 3: my four legged investments are actually my cows, which I

602
00:29:28,360 --> 00:29:31,160
Speaker 3: have fifteen of currently.

603
00:29:31,640 --> 00:29:34,760
Speaker 2: How does that work? Did you buy the cows? Did

604
00:29:34,800 --> 00:29:38,480
Speaker 2: you get given the cows, Like, what's the process as

605
00:29:38,520 --> 00:29:41,640
Speaker 2: somebody who has never owned a cow as an investment.

606
00:29:42,600 --> 00:29:46,600
Speaker 3: So in my first gap year twenty eighteen, it was

607
00:29:46,640 --> 00:29:49,959
Speaker 3: a draft iss year, and just by chance, when our

608
00:29:50,000 --> 00:29:53,440
Speaker 3: cows were carving, there was one calf that none of

609
00:29:53,440 --> 00:29:55,320
Speaker 3: the cows wanted. We didn't know if she was a

610
00:29:55,360 --> 00:29:58,080
Speaker 3: twin or if her mother had just rejected her.

611
00:29:58,280 --> 00:30:00,600
Speaker 2: Oh you just found her out in the paddic all alone.

612
00:30:01,120 --> 00:30:03,400
Speaker 3: Yeah, my grandparents found her and was sort of like, oh,

613
00:30:03,480 --> 00:30:06,479
Speaker 3: we don't actually know whose mum she is. Oh ba,

614
00:30:07,440 --> 00:30:09,680
Speaker 3: I was gifted her by my grandparents because she was

615
00:30:09,920 --> 00:30:12,880
Speaker 3: out of one of my grandparents' cows to raise as

616
00:30:12,920 --> 00:30:16,240
Speaker 3: a potty calf. And then a couple of weeks later,

617
00:30:16,600 --> 00:30:20,600
Speaker 3: another coward calve, but the coward died, so the calf

618
00:30:20,640 --> 00:30:23,480
Speaker 3: was without a mum, so I got her as well.

619
00:30:23,760 --> 00:30:25,840
Speaker 2: So now we were at two cows.

620
00:30:25,400 --> 00:30:29,600
Speaker 3: Two cows. And then a couple months later neighbors who

621
00:30:30,520 --> 00:30:34,080
Speaker 3: were selling some cows who had just happened to have carved,

622
00:30:34,080 --> 00:30:36,840
Speaker 3: but they weren't going to sell the calves. He rang

623
00:30:36,920 --> 00:30:38,480
Speaker 3: me and was like, hey, I've got a calf here

624
00:30:38,520 --> 00:30:40,280
Speaker 3: for you. So I told him I wouldn't mind one

625
00:30:40,360 --> 00:30:44,959
Speaker 3: of his. So I got another calf for the price

626
00:30:45,120 --> 00:30:47,680
Speaker 3: of a rum slab for Oh that's a pretty good deal,

627
00:30:47,960 --> 00:30:50,520
Speaker 3: it is. So that's like eighty bucks or something, and

628
00:30:50,560 --> 00:30:54,479
Speaker 3: then the other two for free, and then obviously raised

629
00:30:54,480 --> 00:30:57,680
Speaker 3: those three. And then because they were all females, they

630
00:30:57,720 --> 00:31:01,320
Speaker 3: were whatever age they were ready to be joined, we're joined.

631
00:31:01,360 --> 00:31:05,400
Speaker 3: And every year since then they've all had a calf

632
00:31:05,440 --> 00:31:06,960
Speaker 3: for me, which is pretty exciting.

633
00:31:07,080 --> 00:31:09,720
Speaker 2: Oh my gosh, have you've just been multiplying your little car.

634
00:31:10,200 --> 00:31:12,920
Speaker 3: Yeah, that's it. And so if we have a girl

635
00:31:13,000 --> 00:31:15,800
Speaker 3: who have a heafer calf, she stays here and has

636
00:31:15,840 --> 00:31:19,240
Speaker 3: bred when she's old enough, but if they've had boyclves,

637
00:31:19,280 --> 00:31:21,680
Speaker 3: they all get sold to the feed lot. So I'm

638
00:31:21,720 --> 00:31:25,760
Speaker 3: at fifteen now, which is five adult cows with five

639
00:31:25,840 --> 00:31:31,400
Speaker 3: calves at foot, and then five sort of teenager winner cows,

640
00:31:31,480 --> 00:31:33,920
Speaker 3: four of which are heifers, and one is a steer

641
00:31:33,920 --> 00:31:36,800
Speaker 3: who's actually due to be trucked out tomorrow, so that'll

642
00:31:36,800 --> 00:31:39,080
Speaker 3: be a bit of money in the bank. But everyone

643
00:31:39,080 --> 00:31:42,840
Speaker 3: else is will be nine joined this year for so

644
00:31:43,040 --> 00:31:47,400
Speaker 3: potentially nine more calves born next year, so it's sort

645
00:31:47,400 --> 00:31:49,000
Speaker 3: of growing itself.

646
00:31:49,080 --> 00:31:51,720
Speaker 2: Oh my gosh. They're multiplying. So tell me a bit

647
00:31:51,720 --> 00:31:55,200
Speaker 2: more about the financials of this, because I think farming

648
00:31:55,240 --> 00:31:58,480
Speaker 2: is really important to have a bit more transparency around,

649
00:31:58,480 --> 00:32:01,080
Speaker 2: because I feel like a lot of it is lacking,

650
00:32:01,160 --> 00:32:02,360
Speaker 2: and I feel like a lot of people are going

651
00:32:02,400 --> 00:32:04,680
Speaker 2: to be confused and go by Victoria. You're a vegan,

652
00:32:04,760 --> 00:32:06,760
Speaker 2: you don't eat meat and I don't, but I fully

653
00:32:06,800 --> 00:32:10,800
Speaker 2: believe in good farming and making sure that the animal

654
00:32:10,880 --> 00:32:13,400
Speaker 2: is respected. And while I might not eat it, this

655
00:32:13,560 --> 00:32:16,520
Speaker 2: is people's livelihood and we aren't going to be talking

656
00:32:16,560 --> 00:32:19,040
Speaker 2: about I guess whether you would or wouldn't, Like I'm

657
00:32:19,080 --> 00:32:22,120
Speaker 2: not against it by any stretch of the imagination. So

658
00:32:22,200 --> 00:32:24,360
Speaker 2: I want to know what does it cost to raise

659
00:32:24,360 --> 00:32:26,600
Speaker 2: a caulf? And then obviously, if it's a girl, it

660
00:32:26,640 --> 00:32:29,719
Speaker 2: stays with you and then it grows into I guess

661
00:32:29,840 --> 00:32:32,320
Speaker 2: a cow that can produce more calves. But if it's

662
00:32:32,360 --> 00:32:35,760
Speaker 2: a boy, it gets sold off. What's that cost? What

663
00:32:35,800 --> 00:32:36,640
Speaker 2: are we making here?

664
00:32:36,640 --> 00:32:36,720
Speaker 3: Like?

665
00:32:36,800 --> 00:32:39,080
Speaker 2: What type of investment returns have we got? Should like

666
00:32:39,160 --> 00:32:41,640
Speaker 2: we be at cheese on the money, start considering cows

667
00:32:41,640 --> 00:32:42,800
Speaker 2: as an investment asset.

668
00:32:43,640 --> 00:32:47,720
Speaker 3: Well, the first the original three probably were the most

669
00:32:47,760 --> 00:32:49,200
Speaker 3: expensive in terms.

670
00:32:48,960 --> 00:32:50,360
Speaker 2: And they were all girls, weren't they?

671
00:32:50,480 --> 00:32:53,200
Speaker 3: Yeah, all girls. They were probably the most expensive because

672
00:32:53,280 --> 00:32:57,200
Speaker 3: they were orphans. We were feeding them milk repliser for

673
00:32:57,240 --> 00:33:01,080
Speaker 3: the first couple of months, and that stuff isn't particularly cheap.

674
00:33:01,160 --> 00:33:04,920
Speaker 3: It's around I think one hundred to two hundred dollars

675
00:33:04,960 --> 00:33:09,880
Speaker 3: for a twenty kilo bag. Yeah, sort of only lasts

676
00:33:10,120 --> 00:33:12,840
Speaker 3: Oh no, a week maybe or two, it's been so

677
00:33:12,920 --> 00:33:13,720
Speaker 3: long and can't remember.

678
00:33:13,760 --> 00:33:17,360
Speaker 2: But this is going to sound really dumb, really really dumb.

679
00:33:17,600 --> 00:33:19,480
Speaker 2: Why are we buying milk replace I can't they just

680
00:33:19,520 --> 00:33:21,320
Speaker 2: drink milk? Can't we buy milk?

681
00:33:21,600 --> 00:33:21,680
Speaker 1: Like?

682
00:33:21,800 --> 00:33:22,440
Speaker 2: Is that an option?

683
00:33:22,960 --> 00:33:25,440
Speaker 3: Not? Really? Sort of got to feed the milk place.

684
00:33:25,520 --> 00:33:28,000
Speaker 3: It's got all, you know, proteins in facts that are

685
00:33:28,120 --> 00:33:30,280
Speaker 3: very similar to what they would have been getting. Okay,

686
00:33:30,360 --> 00:33:30,880
Speaker 3: our own.

687
00:33:30,760 --> 00:33:32,480
Speaker 2: Mother, I told you it was a dumb question.

688
00:33:33,640 --> 00:33:36,520
Speaker 3: And because obviously it's nice and warm when I make

689
00:33:36,560 --> 00:33:38,600
Speaker 3: it up, make it up with warm water for them,

690
00:33:38,920 --> 00:33:40,200
Speaker 3: So it's a luxury.

691
00:33:40,400 --> 00:33:41,640
Speaker 2: Oh so they're spoiled.

692
00:33:42,040 --> 00:33:46,400
Speaker 3: Yeah, that's it. That's why podycas love whoever's raising them.

693
00:33:46,480 --> 00:33:49,640
Speaker 2: Yeah, because they're getting the good stuff. They know what's up.

694
00:33:49,840 --> 00:33:50,720
Speaker 2: They're not silly.

695
00:33:51,080 --> 00:33:55,920
Speaker 3: Yeah, no, it's not silly. So probably to raise those

696
00:33:56,040 --> 00:33:59,360
Speaker 3: three might have been my time. We wean them off.

697
00:33:59,400 --> 00:34:02,200
Speaker 3: The milk could have cost up to two sort of

698
00:34:02,280 --> 00:34:03,360
Speaker 3: twelve hundred dollars.

699
00:34:03,600 --> 00:34:05,680
Speaker 2: Oh my gosh, that's so much money.

700
00:34:05,640 --> 00:34:11,879
Speaker 3: But factoring in that they were all females, we sort

701
00:34:11,920 --> 00:34:15,439
Speaker 3: of an average price you get for a steer who

702
00:34:15,440 --> 00:34:18,960
Speaker 3: we sell to the feed lots. We sell ours into

703
00:34:19,080 --> 00:34:24,040
Speaker 3: a it's a specialty program for short horned cattle, which

704
00:34:24,040 --> 00:34:26,680
Speaker 3: are the breed that we have, and they're sort of

705
00:34:26,760 --> 00:34:30,200
Speaker 3: branded their end products, like the steak and stuff is

706
00:34:30,239 --> 00:34:34,560
Speaker 3: branded with a special like thousand guineas program, which basically

707
00:34:34,640 --> 00:34:37,800
Speaker 3: says that it's of a certain quality. So we're probably

708
00:34:37,800 --> 00:34:40,000
Speaker 3: getting a slight premium.

709
00:34:39,600 --> 00:34:43,360
Speaker 2: Yeah, because they grew up on milk replacer. They're no

710
00:34:43,440 --> 00:34:44,280
Speaker 2: little cows.

711
00:34:44,360 --> 00:34:48,840
Speaker 3: Yeah, so obviously the price fluctuates, but i'd say on

712
00:34:48,880 --> 00:34:52,480
Speaker 3: average for maybe a three hundred kilo steer, which is

713
00:34:52,520 --> 00:34:54,759
Speaker 3: sort of three hundred and fifty kilo steer, which is

714
00:34:54,760 --> 00:34:56,960
Speaker 3: the weights that we're sort of sending them off at,

715
00:34:57,360 --> 00:34:59,960
Speaker 3: it could be depending on the year, between one thousand

716
00:35:00,280 --> 00:35:05,080
Speaker 3: to fifteen hundred dollars for a steer, but al my steers,

717
00:35:05,200 --> 00:35:08,040
Speaker 3: if they've come from mum, don't cost me a great

718
00:35:08,080 --> 00:35:11,000
Speaker 3: deal in terms of productions. It's just sort of management

719
00:35:11,080 --> 00:35:14,560
Speaker 3: costs that go in, so vaccination and drench which might

720
00:35:14,640 --> 00:35:18,480
Speaker 3: be roughly maybe thirty dollars ahead.

721
00:35:18,520 --> 00:35:20,759
Speaker 2: Oh okay, that's not too bad. And I mean you

722
00:35:20,880 --> 00:35:23,160
Speaker 2: obviously already have this setup, so this isn't something that

723
00:35:23,280 --> 00:35:25,800
Speaker 2: that's normal people can do. Like you've already got the paddock,

724
00:35:25,800 --> 00:35:27,759
Speaker 2: you've already got like a farm y. It's all good

725
00:35:27,760 --> 00:35:30,239
Speaker 2: to go from there. And this is, yeah, obviously an

726
00:35:30,239 --> 00:35:33,640
Speaker 2: absolute privilege. But I find it so interesting to know

727
00:35:33,680 --> 00:35:37,520
Speaker 2: the difference between genders. Is that normal? So is that

728
00:35:37,640 --> 00:35:40,600
Speaker 2: what everybody else does? Like, if we are eating steak,

729
00:35:41,080 --> 00:35:43,719
Speaker 2: is it very likely to be male as opposed to

730
00:35:43,840 --> 00:35:45,439
Speaker 2: female because females are kept to breed.

731
00:35:45,520 --> 00:35:48,799
Speaker 3: Yeah, it actually is. And the feed lots want the

732
00:35:48,840 --> 00:35:51,560
Speaker 3: males for sort of growth rates.

733
00:35:51,239 --> 00:35:54,560
Speaker 2: And I'm assuming they're bigger, right, Yeah, bigger, grow a

734
00:35:54,560 --> 00:35:58,799
Speaker 2: bit faster, and you actually get premium for male carcasses

735
00:35:59,000 --> 00:36:01,720
Speaker 2: when they go through like an avatar or something.

736
00:36:02,120 --> 00:36:03,520
Speaker 3: I don't really want females.

737
00:36:03,960 --> 00:36:07,279
Speaker 2: Oh, so, like the gender gap exists even in the

738
00:36:07,320 --> 00:36:11,560
Speaker 2: farming world. Interesting, it's it. I'm just rallying for everybody now,

739
00:36:11,719 --> 00:36:14,400
Speaker 2: not just the two leg good friends. I'm also rallying

740
00:36:14,440 --> 00:36:16,080
Speaker 2: for our four leg good friends.

741
00:36:15,719 --> 00:36:17,520
Speaker 3: But yeah, I'd rather be a female.

742
00:36:17,840 --> 00:36:19,680
Speaker 2: Yeah. Same. I want to know next, do you have

743
00:36:19,800 --> 00:36:21,560
Speaker 2: any debts? If so, what are they.

744
00:36:21,920 --> 00:36:25,360
Speaker 3: My only debt is my HEX debt, which is quite

745
00:36:25,360 --> 00:36:30,799
Speaker 3: substantial at the moment, it's sitting at around after indexation.

746
00:36:30,920 --> 00:36:35,080
Speaker 3: The other day, it's almost thirty nine thousand.

747
00:36:35,000 --> 00:36:37,600
Speaker 2: And what did you think about indexation? Obviously it's a

748
00:36:37,640 --> 00:36:39,160
Speaker 2: bit of a shock to be told. Alright, Hex and

749
00:36:39,200 --> 00:36:41,600
Speaker 2: healthdats are going to be indexed at seven point one percent.

750
00:36:41,840 --> 00:36:44,440
Speaker 2: What was your thought pattern around that, because at the

751
00:36:44,520 --> 00:36:47,520
Speaker 2: end of the day, thirty nine thousand dollars is basically

752
00:36:47,600 --> 00:36:49,120
Speaker 2: your entire annual salary.

753
00:36:49,239 --> 00:36:52,839
Speaker 3: Yeah, I mean it's obviously not ideal, Like I think

754
00:36:53,080 --> 00:36:55,480
Speaker 3: ours went up by almost two and a half thousand

755
00:36:55,560 --> 00:37:01,440
Speaker 3: dollars it was the indexation. But for me at this

756
00:37:01,680 --> 00:37:06,920
Speaker 3: point of my life, I don't see that help debt

757
00:37:07,160 --> 00:37:11,200
Speaker 3: as being such a bad thing because I know I

758
00:37:11,239 --> 00:37:14,120
Speaker 3: will find a job once I graduate and I will

759
00:37:14,160 --> 00:37:16,799
Speaker 3: start paying it off. Obviously i'd prefer it not to

760
00:37:16,840 --> 00:37:21,120
Speaker 3: be so high, but probably fortunate in that position that

761
00:37:22,040 --> 00:37:27,200
Speaker 3: I'm in an industry where they're currently is a shortage

762
00:37:27,239 --> 00:37:31,080
Speaker 3: of vets, so I'll be able to find a job

763
00:37:31,239 --> 00:37:35,120
Speaker 3: and negotiate a pretty good, you know, starting salary because

764
00:37:35,320 --> 00:37:36,440
Speaker 3: people just need vets.

765
00:37:36,840 --> 00:37:39,120
Speaker 2: What kind of salary do you expect that to be?

766
00:37:39,280 --> 00:37:41,319
Speaker 3: Well, just looking around at the moment at a lot

767
00:37:41,320 --> 00:37:44,280
Speaker 3: of new grad jobs that are sort of being offered

768
00:37:44,280 --> 00:37:47,080
Speaker 3: at the moment, I think a lot of them are

769
00:37:47,120 --> 00:37:51,320
Speaker 3: starting at that seventy thousand dollars a year upwards, depending

770
00:37:52,080 --> 00:37:54,920
Speaker 3: But you know, if they can't offer you a great salary,

771
00:37:55,080 --> 00:37:58,000
Speaker 3: like well, if they've got a certain salary cap, a

772
00:37:58,040 --> 00:38:00,600
Speaker 3: lot of them have you know, extra like you know,

773
00:38:00,680 --> 00:38:04,560
Speaker 3: a work vehicle or even some might have accommodation and

774
00:38:04,640 --> 00:38:07,799
Speaker 3: stuff like that that can sweeten the deal.

775
00:38:08,000 --> 00:38:11,560
Speaker 2: How good? I finding this genuinely so interesting. I want

776
00:38:11,560 --> 00:38:14,320
Speaker 2: to know now, though, what do you think your best

777
00:38:14,400 --> 00:38:15,279
Speaker 2: money habit is?

778
00:38:16,360 --> 00:38:19,560
Speaker 3: Sometimes I think I don't have any I.

779
00:38:19,440 --> 00:38:22,200
Speaker 2: Beg to differ. Like, having heard a lot of your story,

780
00:38:22,320 --> 00:38:24,560
Speaker 2: you wait till we get to the end of this episode.

781
00:38:24,760 --> 00:38:26,600
Speaker 2: There will be some debate around that.

782
00:38:26,680 --> 00:38:33,080
Speaker 3: See, my friends, I've probably actually setting up like my

783
00:38:33,200 --> 00:38:37,239
Speaker 3: auto investments with chess, and then I've also got I've

784
00:38:37,280 --> 00:38:39,760
Speaker 3: set up whenever sudden link comes in I send forty

785
00:38:39,800 --> 00:38:43,319
Speaker 3: dollars into my savings account and just sort of maybe

786
00:38:43,360 --> 00:38:47,640
Speaker 3: taking an active interest in what my money is doing

787
00:38:48,560 --> 00:38:51,120
Speaker 3: and just trying to think about ways where I can

788
00:38:51,320 --> 00:38:56,280
Speaker 3: grow either the savings or the investments. Yeah, and what.

789
00:38:56,160 --> 00:38:58,080
Speaker 2: Do you think your worst habit is?

790
00:38:58,440 --> 00:39:03,960
Speaker 3: Well, just big picture horses is probably my worst habit.

791
00:39:04,440 --> 00:39:08,319
Speaker 3: With most expensive habit. Sometimes I go for a bit

792
00:39:08,320 --> 00:39:11,960
Speaker 3: of an impulse buy. It's either actually no, I've weaned

793
00:39:11,960 --> 00:39:17,000
Speaker 3: myself off horse related impulse buyers in the last few

794
00:39:17,080 --> 00:39:22,120
Speaker 3: years and instead impulse buying of a garden, so plants

795
00:39:22,120 --> 00:39:25,840
Speaker 3: and stuff like that feels. Yeah, I'm a sucker for

796
00:39:25,880 --> 00:39:26,560
Speaker 3: a good plant.

797
00:39:26,680 --> 00:39:29,040
Speaker 2: I can relate to that. Absolutely. I wish I would

798
00:39:29,040 --> 00:39:32,480
Speaker 2: stop killing them because they are becoming very bad investments.

799
00:39:33,360 --> 00:39:36,480
Speaker 2: Money Diarist, we have talked a lot. This is going

800
00:39:36,520 --> 00:39:38,920
Speaker 2: to be a very long episode. I apologize, But if

801
00:39:38,960 --> 00:39:41,640
Speaker 2: you're still here and you're still listening, you've probably found

802
00:39:41,640 --> 00:39:44,040
Speaker 2: it just as interesting as I have. But at the

803
00:39:44,160 --> 00:39:46,399
Speaker 2: very start of this episode, I asked you what would

804
00:39:46,440 --> 00:39:48,440
Speaker 2: you rate your money habits, and you said s C.

805
00:39:48,920 --> 00:39:50,560
Speaker 2: But then you went on to tell us about how

806
00:39:50,600 --> 00:39:53,560
Speaker 2: you've been casually working and absolutely hustling and doing farm

807
00:39:53,560 --> 00:39:55,320
Speaker 2: work and doing casual work, and then you told me

808
00:39:55,360 --> 00:39:58,000
Speaker 2: about your two gap years and how one of those

809
00:39:58,040 --> 00:40:00,000
Speaker 2: gap years you know you were earning a full time

810
00:40:00,000 --> 00:40:03,279
Speaker 2: time salary and you're currently saving for rotations, and you

811
00:40:03,400 --> 00:40:06,760
Speaker 2: care about your superannuation like you've even gone and put

812
00:40:06,800 --> 00:40:09,239
Speaker 2: it into another account, like you've set it all up

813
00:40:09,280 --> 00:40:11,840
Speaker 2: so it makes sense for you. You're currently investing in

814
00:40:11,960 --> 00:40:15,239
Speaker 2: Chasias and in Westpac and in four legged friends, Like,

815
00:40:15,320 --> 00:40:18,720
Speaker 2: I feel like you arguably have your shit together, my friend,

816
00:40:19,760 --> 00:40:21,920
Speaker 2: why do you think you're a C? And if you

817
00:40:22,080 --> 00:40:24,479
Speaker 2: still think you're a C, what do you think would

818
00:40:24,520 --> 00:40:25,360
Speaker 2: get you to an A?

819
00:40:25,760 --> 00:40:29,200
Speaker 3: I probably think still see just why for the fact.

820
00:40:29,400 --> 00:40:31,719
Speaker 2: So many people are yelling right now, my friend, can't

821
00:40:31,800 --> 00:40:32,359
Speaker 2: you hear them?

822
00:40:33,280 --> 00:40:36,759
Speaker 3: It's probably more to do with I probably don't save

823
00:40:36,880 --> 00:40:39,560
Speaker 3: enough of my money, like from the settling that comes

824
00:40:39,560 --> 00:40:43,920
Speaker 3: in fortnitely. I think I sort of am often in

825
00:40:43,960 --> 00:40:47,440
Speaker 3: that first week spending it on a lot of things,

826
00:40:47,640 --> 00:40:50,920
Speaker 3: whether it be food that I don't need, impulse buys

827
00:40:50,920 --> 00:40:53,400
Speaker 3: at the supermarket, and then so by the time I

828
00:40:53,440 --> 00:40:55,239
Speaker 3: get to the end of the second week, it's sort

829
00:40:55,280 --> 00:40:58,000
Speaker 3: of like, oh, do I need to transfer out of

830
00:40:58,000 --> 00:41:02,759
Speaker 3: my savings? Account to make it through. And yeah, I

831
00:41:02,800 --> 00:41:07,200
Speaker 3: think horses. Horses. Horses are the bane of my savings

832
00:41:07,200 --> 00:41:09,439
Speaker 3: account at the moment, because just when I think I've

833
00:41:09,480 --> 00:41:12,520
Speaker 3: grown it back up, someone will need some kind of

834
00:41:12,640 --> 00:41:15,640
Speaker 3: emergency vet bill that brings it back down again.

835
00:41:16,080 --> 00:41:18,600
Speaker 2: That's farm life, right, like, it just can't all go well.

836
00:41:18,640 --> 00:41:21,520
Speaker 2: I understand horses. They are a very expensive habit. I

837
00:41:21,600 --> 00:41:23,719
Speaker 2: understand impulse buys. I feel like we could rain that

838
00:41:23,800 --> 00:41:26,239
Speaker 2: in a little bit. Everybody could write like I am

839
00:41:26,280 --> 00:41:29,319
Speaker 2: so good at the supermarket if I'm not hungry. If

840
00:41:29,320 --> 00:41:31,800
Speaker 2: I'm hungry, though, oh my gosh, I buy absolutely everything.

841
00:41:32,200 --> 00:41:34,439
Speaker 2: But you said something before that I think is really

842
00:41:34,480 --> 00:41:37,160
Speaker 2: important to touch on. And I mean, you are in

843
00:41:37,239 --> 00:41:39,880
Speaker 2: a very different position than a lot of people, just

844
00:41:39,880 --> 00:41:42,400
Speaker 2: because obviously, like you've got the farm work, you've got

845
00:41:42,440 --> 00:41:44,799
Speaker 2: a lot of other stuff going on. But you said

846
00:41:44,800 --> 00:41:47,000
Speaker 2: you're not saving enough of your scentiling, and I just

847
00:41:47,000 --> 00:41:48,759
Speaker 2: need to reframe that. And you're probably not going to

848
00:41:48,880 --> 00:41:50,520
Speaker 2: like this, and please know this is coming from a

849
00:41:50,560 --> 00:41:53,439
Speaker 2: place of love. But if you are getting scentiling, you're

850
00:41:53,480 --> 00:41:56,080
Speaker 2: not meant to be saving it like you are. And

851
00:41:56,120 --> 00:41:58,880
Speaker 2: that's great because you're obviously like saving up for rotations.

852
00:41:58,920 --> 00:42:00,920
Speaker 2: But I don't want people listening to this going, oh

853
00:42:00,960 --> 00:42:03,920
Speaker 2: my gosh. If I'm on Centilinc, I should be saving often.

854
00:42:04,160 --> 00:42:08,120
Speaker 2: Centerlink is not nearly enough to save and invest and

855
00:42:08,200 --> 00:42:11,000
Speaker 2: create a secure financial future. It's enough to get by.

856
00:42:11,320 --> 00:42:13,440
Speaker 2: It's enough to do the grocery shopping and put a

857
00:42:13,520 --> 00:42:16,240
Speaker 2: roof over your head. And that's kind of the intention

858
00:42:16,400 --> 00:42:18,279
Speaker 2: of it, and I mean that in a really nice way.

859
00:42:18,320 --> 00:42:20,600
Speaker 2: I promise money direst It's like a take a little

860
00:42:20,600 --> 00:42:23,400
Speaker 2: bit of pressure off yourself because you're not meant to

861
00:42:23,640 --> 00:42:26,359
Speaker 2: in this season of your life be able to save

862
00:42:26,440 --> 00:42:28,640
Speaker 2: and invest and be a baller and do all of

863
00:42:28,680 --> 00:42:31,920
Speaker 2: those things on thirty eight thousand dollars. Like, unfortunately, that

864
00:42:32,080 --> 00:42:34,680
Speaker 2: is not nearly enough to create the life that you've

865
00:42:34,680 --> 00:42:37,200
Speaker 2: told me about. Like the idea that you're going to

866
00:42:37,320 --> 00:42:40,560
Speaker 2: have to budget a thousand dollars a week for rotations

867
00:42:41,080 --> 00:42:44,600
Speaker 2: blows my mind, Like that is so much money, and

868
00:42:44,640 --> 00:42:47,000
Speaker 2: that's actually so much more money than most people in

869
00:42:47,040 --> 00:42:49,680
Speaker 2: our community earn each week. Like that to me is insane,

870
00:42:49,800 --> 00:42:51,680
Speaker 2: and I'm so glad that you're doing it. But I

871
00:42:51,719 --> 00:42:53,920
Speaker 2: don't want anyone listening to this and feeling like, oh

872
00:42:53,960 --> 00:42:56,200
Speaker 2: my gosh, like, oh, I'm on centerlink and she's saving

873
00:42:56,239 --> 00:42:59,719
Speaker 2: that so great, Like obviously for our money direst there's

874
00:42:59,719 --> 00:43:01,839
Speaker 2: so much much privilege and that's really beautiful and it's

875
00:43:01,840 --> 00:43:04,160
Speaker 2: really great. But Mandy, do I just take some pressure off,

876
00:43:04,560 --> 00:43:08,040
Speaker 2: like your uni, you're being a bullet in general, you're

877
00:43:08,080 --> 00:43:10,560
Speaker 2: gonna become a vet and vets my friends they do

878
00:43:10,680 --> 00:43:13,279
Speaker 2: quite well, so we're gonna be okay. I mean, you

879
00:43:13,360 --> 00:43:14,799
Speaker 2: might not make a lot of money if you just

880
00:43:14,800 --> 00:43:16,120
Speaker 2: do all of your work for your dad, So we

881
00:43:16,200 --> 00:43:19,040
Speaker 2: probably need to negotiate that because I have a sneaky

882
00:43:19,080 --> 00:43:21,759
Speaker 2: suspicion he has no intention of paying you. And if

883
00:43:21,800 --> 00:43:24,279
Speaker 2: I was your father, I wouldn't either, you know, like

884
00:43:24,320 --> 00:43:26,759
Speaker 2: you were born into a farming family, Like you didn't

885
00:43:26,800 --> 00:43:29,000
Speaker 2: come here to get paid, my friend. But I just

886
00:43:29,040 --> 00:43:31,480
Speaker 2: think everybody needs to take a little bit of pressure

887
00:43:31,520 --> 00:43:33,920
Speaker 2: off themselves, and this is one of the first times

888
00:43:34,080 --> 00:43:36,000
Speaker 2: they don't want to be like, no, you can put

889
00:43:36,000 --> 00:43:38,200
Speaker 2: your seat in the bin, because I don't believe it.

890
00:43:38,400 --> 00:43:40,760
Speaker 2: Usually I tell people, oh, my gosh, like I would

891
00:43:40,760 --> 00:43:43,040
Speaker 2: never argue with you over your grade, Like your grade

892
00:43:43,080 --> 00:43:45,759
Speaker 2: is your grade, my friend, Nah, you're off the mark,

893
00:43:46,080 --> 00:43:46,880
Speaker 2: absolutely not.

894
00:43:47,719 --> 00:43:52,719
Speaker 3: Yeah, No, No, I'm absolutely in a privileged position. I

895
00:43:52,800 --> 00:43:55,080
Speaker 3: just feel like I think I need to not so

896
00:43:55,160 --> 00:43:58,240
Speaker 3: much as save the settling, but maybe even move half

897
00:43:58,280 --> 00:43:59,960
Speaker 3: of it so that I don't spend it all at will.

898
00:44:00,320 --> 00:44:02,239
Speaker 2: Yeah, so you can like you've got a lot to

899
00:44:02,280 --> 00:44:05,160
Speaker 2: pay for in the future. So I can completely understand

900
00:44:05,200 --> 00:44:07,719
Speaker 2: where that anxiety is coming from. I just didn't want

901
00:44:07,760 --> 00:44:09,720
Speaker 2: anyone to listen to that and go, oh my gosh,

902
00:44:09,760 --> 00:44:12,120
Speaker 2: I should be doing the same, because that's not the

903
00:44:12,120 --> 00:44:15,000
Speaker 2: intention at all. But money doros. This has been a

904
00:44:15,080 --> 00:44:18,400
Speaker 2: beautiful episode. I am so grateful. Unfortunately I do have

905
00:44:18,440 --> 00:44:21,440
Speaker 2: to run away, but thank you so much for your story.

906
00:44:21,520 --> 00:44:23,520
Speaker 2: Thank you so much for your time. I am so

907
00:44:23,560 --> 00:44:26,840
Speaker 2: grateful that we got to spend arguably this whole hour together.

908
00:44:27,200 --> 00:44:29,919
Speaker 3: No, thank you so much for having me. It's been fantastic.

909
00:44:36,440 --> 00:44:39,040
Speaker 2: The advice shared on She's on the Money is generally

910
00:44:39,200 --> 00:44:43,000
Speaker 2: nature and does not consider your individual circumstances. She's on

911
00:44:43,040 --> 00:44:46,520
Speaker 2: the Money exists purely for educational purposes and should not

912
00:44:46,600 --> 00:44:49,560
Speaker 2: be relied upon to make an investment or financial decision.

913
00:44:49,960 --> 00:44:52,399
Speaker 2: If you do choose to buy a financial product, read

914
00:44:52,440 --> 00:44:56,600
Speaker 2: the PDS TMD and obtain appropriate financial advice. Tailored towards

915
00:44:56,600 --> 00:45:00,520
Speaker 2: your needs. Victoria divine, and she's on the money. Authorized

916
00:45:00,560 --> 00:45:03,520
Speaker 2: Representatives of money sherper P T y L t D

917
00:45:03,760 --> 00:45:06,160
Speaker 2: A b N three two one is six four nine

918
00:45:06,320 --> 00:45:09,239
Speaker 2: two seven seven zero eight a F s L four

919
00:45:09,360 --> 00:45:12,960
Speaker 2: five one two eight nine