Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 2: Hello and welcome to She's on the Money, the podcast
Speaker 2: for millennials who want financial freedom. Today is Friday, my Friends,
Speaker 2: which means it is time to get the team together
Speaker 2: and celebrate you how incredible She's on the Money community. Today,
Speaker 2: we'll be sharing our favorite money wins. We'll be helping
Speaker 2: to answer a juicy money dilemma which this week is
Speaker 2: all about if you're ever too old to become financially free,
Speaker 2: and we unpacked something that you slid into our dms
Speaker 2: about all about sharing costs in a share house, team. Welcome,
Speaker 2: How has your week been?
Speaker 1: Hi?
Speaker 4: Hello, how are you good? How are you tgif guys.
Speaker 2: We're done here? Okay, cool?
Speaker 4: See you see bye?
Speaker 2: I said, how are you? And you both introduced each other.
Speaker 2: You were like, oh hey, Beck, how heys? Like hi
Speaker 2: over the other side of the pad. You know that
Speaker 2: I don't know.
Speaker 5: I can't picked up thank you.
Speaker 2: I'll just see myself out. How will we this week?
Speaker 2: Has anything interesting happened in the community? Has anything interesting
Speaker 2: happened in your lives?
Speaker 5: Beck?
Speaker 2: I feel like you have something to share about ipantry, Like, Oh.
Speaker 4: I'm big time a fan of eye pantry. I discovered
Speaker 4: it not long ago and just got back into it.
Speaker 4: I hate cooking, yeah, and fair. I've ordered a big
Speaker 4: box of individual sandwiches and little snacks and it didn't
Speaker 4: break the bank. And now I'm done for the week.
Speaker 4: I don't have to cook ever again.
Speaker 2: Jess and I learned about this just before this episode
Speaker 2: because you were eating what looked like a very tasty
Speaker 2: panini and we were like, where did you just whip
Speaker 2: that out from? Because I just ate some two minute
Speaker 2: noodles and I guarantee, guarantee, like I will put money
Speaker 2: on the fact that Jess is like, maybe I'll get
Speaker 2: a cheeseburger on the way home. Get some She'll get
Speaker 2: six nuggets, sweet and sour sauce, medium chips, and a
Speaker 2: medium coke, but not coke zereo because zero tastes like trash.
Speaker 2: You'll get a full fat coke. Am I wrong? Is
Speaker 2: that right?
Speaker 5: She knows my order really well, not just a McDonald's
Speaker 5: at multiple restaurants.
Speaker 2: Okay, yeah, I'm all across this. I actually pride myself
Speaker 2: on knowing other people's orders. But you taught us about ipantry,
Speaker 2: and I was just shooked because your panini looked really good,
Speaker 2: and both of us with trash demons when it comes
Speaker 2: to what we put into our bodies most time, and
Speaker 2: you were just like, here's this gormet panini that.
Speaker 4: I that I would never ever ever make.
Speaker 2: It's basically like a catering website, right that you go
Speaker 2: on and you go and order for a pack of
Speaker 2: like paninis and then have them for lunch. You're a genius.
Speaker 4: Yeah, And then you can get some of those ready
Speaker 4: made meals, like you know, you food's dynamic and you
Speaker 4: don't have to like subscribe to anything. You just grab
Speaker 4: a bit of this grab a bit of that from
Speaker 4: the comfort of your lounge.
Speaker 2: I am so impressed. This isn't sponsored.
Speaker 6: We're just like.
Speaker 4: Depressed.
Speaker 2: No, we're not being paid to do that, but yeah,
Speaker 2: we just impressed. But Jess, let's get into community money wins.
Speaker 2: As always, we do a quick whip around of your
Speaker 2: favorite money wins of the week from a weekly thread.
Speaker 2: What have you got for us this week?
Speaker 5: My first money win comes from Jess's great name, who
Speaker 5: said money wins.
Speaker 2: What hermac's order is?
Speaker 5: Hopefully six nuggets because we're now one person because we're
Speaker 5: option apparently Nuggies or bust. She said, money Wins started
Speaker 5: my diploma through tapes feet free courses, so I have
Speaker 5: saved seven thousand dollars and don't have to pay a cent.
Speaker 2: How good is it that most tape courses are al
Speaker 2: free in Australia.
Speaker 5: I keep saying posts coming up that they've added more
Speaker 5: courses or.
Speaker 2: Moreland, so we go and learn Osland.
Speaker 5: I saw that. I actually looked into it. Right now
Speaker 5: there's only one place in Melbourne that offers it, which
Speaker 5: was a little bit sad, but I'm.
Speaker 4: Hoping they can do it remotely, so not from.
Speaker 5: What I saw, but I thought that was really incredible
Speaker 5: because I would actually really love to learn Oslane and.
Speaker 2: I don't have enough time at the moment in person classes. Yeah,
Speaker 2: but the second I saw it was free through Tafe,
Speaker 2: I was like, wow, this is so exciting.
Speaker 5: Yeah, jump on the tape website see if, of course
Speaker 5: you're interested in is subsidized or maybe free, because that's incredible.
Speaker 2: Yeah, upskill, We.
Speaker 5: Love it, We absolutely do. My next money win comes
Speaker 5: from Gabby who said money win. My work pays for
Speaker 5: me to have Quantus Club, and I fly very regularly
Speaker 5: for work, so you can bet I'm at the airport
Speaker 5: stupidly early for every flight, saving on cash and that
Speaker 5: grocery bill. This morning I got my seven dollar cappuccino
Speaker 5: for free.
Speaker 2: Yeah money, do you know what? That was one of
Speaker 2: the things that I found really impressive because obviously I
Speaker 2: pay extra for oatmeal every single time.
Speaker 4: Free. The Virgin loungeree.
Speaker 5: We love the Virgin Loud.
Speaker 2: They've just added o't milk and I'm very envy about it.
Speaker 5: Oh exciting.
Speaker 2: I would like to think that that's because they listen
Speaker 2: to us. Yes, we single handedly brought milk to the
Speaker 2: Virgin Lounge in Melbourne for sure, one hundred percent that
Speaker 2: was me.
Speaker 5: My next money in this week comes from Marissa, who
Speaker 5: said money when me and my long term partner of
Speaker 5: seven years are finally able to have a healthy conversation
Speaker 5: about finances, and it's all thanks to the podcast. He
Speaker 5: has to listen to it when he's in the car
Speaker 5: to listen to it, and he's becoming far more open.
Speaker 5: It's a step in the right direction together. I also
Speaker 5: loved the idea of him being like held hostage in.
Speaker 2: My car, talking to him, like you're going to learn
Speaker 2: about compound interests.
Speaker 5: Greg Hi, Greg or what if your name is? We
Speaker 5: love and appreciate your listening. My next money in this
Speaker 5: week comes from LJ who said I recently started using
Speaker 5: chass after a long time of debating whether I should
Speaker 5: get into the share mark. Thanks to Shoes on the Money,
Speaker 5: I finally feel confident too after using shop back for
Speaker 5: all of my Christmas shopping, I'm now withdrawing my cash
Speaker 5: back and putting it straight into my chas ease, feeling
Speaker 5: like I can finally finance.
Speaker 2: It's kind of cool that, you know, our biggest supporters
Speaker 2: of the show are basically making our community reach. I
Speaker 2: had so cool and I thought.
Speaker 5: It was so smart that She's like, I'm gonna get
Speaker 5: my cash back here, and then I'm just gonna put
Speaker 5: that money straight in.
Speaker 2: I'm investing my shopping li Regenius.
Speaker 5: It's like a little ecosystem. How clever is that?
Speaker 4: Love love Love.
Speaker 5: And then my lucky last win this week comes from Teresa,
Speaker 5: who said small money. In the cobbler I went to
Speaker 5: for the first time, did the wrong repair on the
Speaker 5: pair of sandals, so gave me twenty dollars back. I
Speaker 5: also got five pairs of shoes that I loved fixed.
Speaker 5: Most of them were secondhand, so I've extended the life
Speaker 5: of all of them, which means I'm spending less money
Speaker 5: on buying new shoes in the future, and I'm helping
Speaker 5: to reduce waste money. I would never think to go
Speaker 5: to a cobbler like I would just be really no same.
Speaker 4: I was thinking that too. I was like, cobbler, cobbler, Yeah,
Speaker 4: I like that is so clever. It is really clever.
Speaker 2: I feel like that's how some of my shoes have
Speaker 2: lasted ten plus years. Yeah, is I get that. It's
Speaker 2: called topi. It's like a rubber sole put on the
Speaker 2: bottom of shoes, And if I buy like a pair
Speaker 2: of boots or something, I always get it put on
Speaker 2: because I feel like they last longer. And then you
Speaker 2: can just get that rubber piece replaced when it wears through.
Speaker 4: Really smart, and the shoes already broken in, you don't
Speaker 4: have to break in, and.
Speaker 2: New pet's actually so smart. Like if you find a
Speaker 2: really nice pair of boots or something at the op
Speaker 2: shop and you're like, oh, the sole's a bad you
Speaker 2: can fix that.
Speaker 1: Genius?
Speaker 4: How good?
Speaker 2: I feel like their genius money wins this week. They're
Speaker 2: making money, they're investing, they're fixing clothes, save in the environment.
Speaker 2: You know it begs money, win a five pantry. Honestly,
Speaker 2: I feel like I'm set up for a very productive weeks.
Speaker 4: Got a week you could feel in about this one
Speaker 4: hundred percent.
Speaker 2: Let's go to a really quick break and then after
Speaker 2: the break, I want to talk about our money dilemma,
Speaker 2: about whether you're ever too old to become financially free,
Speaker 2: and I want to jump into the juicy conversation about
Speaker 2: how to split costs while living in a share house.
Speaker 2: There are some horror stories to come out, I am
Speaker 2: sure of it. Don't go anywhere guys.
Speaker 5: Welcome back everybody. I think it's time that we jump
Speaker 5: straight into this week's money dilemma.
Speaker 4: Should we take a little listen?
Speaker 1: Hi?
Speaker 2: There, have you got a money dilemma you just can't solve?
Speaker 2: The Sheess on the Money Team is here to help.
Speaker 2: Every week, we tackle your dilemmas, both big and small,
Speaker 2: to answer your most burning money, career and life questions.
Speaker 2: To get involved, simply head to our website and leave
Speaker 2: us a short voice recording and you might just find
Speaker 2: yourself on the show. Now, let's take a listen to
Speaker 2: this week's money dilemma.
Speaker 6: Hi, my name's Angela. I am forty seven years of age.
Speaker 6: I only have super I don't have any investments or property.
Speaker 6: I'm just wondering whether you think I'm too old to
Speaker 6: become financially free from the perspective of getting enough investments
Speaker 6: and property to be able to stop working, and how
Speaker 6: long this would normally take. Feels like our time has
Speaker 6: already passed, so just wondering what to do next. Would
Speaker 6: greatly appreciate your advice. Thank you.
Speaker 5: I feel like this is a good one to handball
Speaker 5: straight to that side of the same great.
Speaker 2: I see what we're doing here, we're not pulling our
Speaker 2: weight as if shoes on the money team. No, there's
Speaker 2: no such thing as too old. And I feel like
Speaker 2: any step in the right direction is a step that
Speaker 2: is going to help you become financially free in the future.
Speaker 2: And we hear this a lot. Actually it was the
Speaker 2: most wholesome I think you commented on it, Jess. A
Speaker 2: couple of weeks ago, there was a group of people
Speaker 2: commenting in the group saying like, Oh, I'm fifty two
Speaker 2: and I've just discovered this podcast. I'm not for you,
Speaker 2: and I was like, you are for me if you
Speaker 2: resonate with this content. This podcast is for you. And
Speaker 2: there's no such thing as too late. To be honest, like,
Speaker 2: I have worked with women in their late sixties who
Speaker 2: are preparing themselves for retirement, and I think that, yeah,
Speaker 2: any step is a step in the right direction. As women,
Speaker 2: we retire with forty two percent less super than men do,
Speaker 2: and I feel like anything that we can do to
Speaker 2: bring that a little bit closer, or put us into
Speaker 2: a situation where we're not going to experience any type
Speaker 2: of poverty during retirement is a step in the right direction.
Speaker 2: And I mean, at forty seven I have no idea
Speaker 2: how much you earn or how much you spend or
Speaker 2: what the facts are. But what I can tell you is,
Speaker 2: even if it's ten dollars invested every single month, is
Speaker 2: a step in the right direction, because I'm assuming if
Speaker 2: you're caring about investing, what you're also caring about is
Speaker 2: the rest of your financial house. You're caring about having
Speaker 2: an emergency fund, You're caring about your budget and cash
Speaker 2: flow and having all of those ducks in a row.
Speaker 2: You're caring about your personal insurances. You're caring about what
Speaker 2: your superannuation looks like and whether your fund's performing for you,
Speaker 2: and all of those things are going to put you
Speaker 2: financially ahead. But then also, if we look at where
Speaker 2: you're at in life, you're only forty seven, you're still
Speaker 2: so young, Like it's eighteen years before officially you can retire.
Speaker 2: But most people are retiring at seventy seventy five these days,
Speaker 2: Like they're always saying things like seventy is the new
Speaker 2: sixty and stuff like that, because how many women are
Speaker 2: actually staying in the workforce by choice, Like they might
Speaker 2: be able to retire, but they're like, I don't want
Speaker 2: to retire what else I'm going to do. I might
Speaker 2: just work part time, or I might just have the
Speaker 2: financial freedom to do whatever I like. So I feel
Speaker 2: like any step is a step in the right direction.
Speaker 2: But if we even just do a little bit of
Speaker 2: simple compound interest here, you're forty seven. Technically, retirement age
Speaker 2: or the age that you can access your souperranuation with
Speaker 2: absolutely no tax is sixty five years old, which is
Speaker 2: called your preservation age, and at this point that's eighteen
Speaker 2: years away. In another podcast episode we did recently, we
Speaker 2: said that the ASX Top two hundred index fund had
Speaker 2: an average return of nine point three percent over the
Speaker 2: last ten years. So let's use those maths and have
Speaker 2: a look at it. If you deposited one thousand dollars
Speaker 2: into an investment account today and then every single month,
Speaker 2: because you are forty seven and you're heading towards retirement,
Speaker 2: so you want to take it a bit more seriously.
Speaker 2: We're not talking fifty bucks here. You might go, all right, well,
Speaker 2: I want to put five hundred dollars aside each month,
Speaker 2: And this is just an example. It can gale up
Speaker 2: and down, and you guys can go to the moneysmart
Speaker 2: dot gov dot au website and have a look at
Speaker 2: their compound interest calculator to do your own predictions. But
Speaker 2: at an initial deposit of one thousand dollars and then
Speaker 2: five hundred dollars each and every single month, you could
Speaker 2: be putting yourself in a position where you have an
Speaker 2: additional two hundred and eighty two thousand dollars to retire with. Amazing,
Speaker 2: that's one hundred percent worth it. Given most women retire
Speaker 2: with less than three hundred thousand dollars in their super account,
Speaker 2: you could literally put yourself in a position where you're
Speaker 2: double what the average is. How good is that? I
Speaker 2: just feel like so many times when we're talking about
Speaker 2: wealth or whether it's too late, people extrapolated out and
Speaker 2: think we need millions. Do you know how much two
Speaker 2: hundred and eighty thousand dollars for you in retirement? So much?
Speaker 2: It is the difference between poverty and actually being able
Speaker 2: to live a life that you deserve. We're not talking
Speaker 2: about having to have hundreds of thousands of dollars of income.
Speaker 2: And while a lot of examples in Sheese on the
Speaker 2: Money use that it's because it's motivating to a young
Speaker 2: a daymographic to get them to take financial literacy seriously,
Speaker 2: because if I said to you Beck and Jess, oh
Speaker 2: you could be two hundred grand better off, you're young,
Speaker 2: You're like whatever, My friends save two hundred grand for
Speaker 2: their first house, Like you just don't care as much
Speaker 2: as if I said, Beck, do you want to be
Speaker 2: a millionaire? Like it's clickbait. I'm using it to my
Speaker 2: advantage to make people take financial literacy seriously. But at
Speaker 2: the crux of it, being two hundred and eighty thousand
Speaker 2: dollars better off in retirement is going to be life changing,
Speaker 2: and I promise that. So No, it is never too
Speaker 2: late to take financial literacy seriously. And Jess, you can
Speaker 2: probably you know, chime in here. But we see it
Speaker 2: all the time in our community, women who are closer
Speaker 2: to retirement age saying, oh my god, I just found
Speaker 2: this podcast. I'm better off for I just found this
Speaker 2: podcast and I now understand my souper for the first
Speaker 2: time in my life. Or I now have an emergency
Speaker 2: fund and I didn't before, and I feel so much
Speaker 2: more financially free. Financial freedom means different things to different people.
Speaker 2: It's not necessarily becoming a millionaire and being a big
Speaker 2: dog because that's not even what I think is feasible
Speaker 2: for most people.
Speaker 5: Yeah, And if you're in the position like Angela and she,
Speaker 5: you know, mentioned that she was looking at hopefully maybe
Speaker 5: retiring a little bit early and wanting to get into
Speaker 5: property investment, do you think it would be worthwhile her
Speaker 5: reaching out to a financial advisor to get some professional
Speaker 5: advice around that?
Speaker 2: One hundred percent over eighteen years, you have so much
Speaker 2: power and so much time, and there's no such thing
Speaker 2: as too late. I met somebody the other day who
Speaker 2: is fifty five and at unique cause she's changing her career.
Speaker 2: Isn't that sick of that? Isn't that sick? She's like, no,
Speaker 2: I always wanted to be a paramedic, and I just
Speaker 2: decided I'm healthy. I'm you know, at a stage in
Speaker 2: my life where all I'm doing is regretting having not
Speaker 2: become a paramedic. And she's like, I've got, you know,
Speaker 2: at least ten years in me before I even think
Speaker 2: about retirement, before I even become that agent. She's like,
Speaker 2: and I'm really fit, So I reckon, I'll I've got
Speaker 2: more time than that. And I was just like, how
Speaker 2: cool is it that there's this fifty five year old
Speaker 2: who's back at UNI, who's probably got so much more
Speaker 2: life experience than anyone else in that course at this
Speaker 2: point in time.
Speaker 4: Yeah, like what an asset that is.
Speaker 2: Honestly, start seeing yourself as the asset you are, instead
Speaker 2: of feeling like a burden, which I think a lot
Speaker 2: of women once they pass their quote child bearing years
Speaker 2: they feel. And I'm not saying that because I believe it.
Speaker 2: I'm saying that because I have experienced women talking to
Speaker 2: me about like, oh, I just don't feel like I
Speaker 2: have direction or we should have done this when I
Speaker 2: was younger. Do it now?
Speaker 5: The world doesn't end when we retire. You're like halfway
Speaker 5: a little bit over halfway through your lifespan. Sure, which
Speaker 5: is crazy, isn't it.
Speaker 2: People are now living to one hundred and we actually,
Speaker 2: as financial plan when I was a financial planner, used
Speaker 2: to go to conferences and stuff and be talking about
Speaker 2: life expectancy and it used to be eighty two years
Speaker 2: and it's just increasing and as the medical world progresses,
Speaker 2: it's just going to increase even more. And I find
Speaker 2: it super interesting because I went to a conference a
Speaker 2: while ago and one of the speakers said, recently a
Speaker 2: baby was born that is going to make it to
Speaker 2: one hundred and fifty years old. We don't know who
Speaker 2: that is, but based on predictions of what our longevity
Speaker 2: actually looks like, andsion in science and progression in technology,
Speaker 2: there is literally someone on this earth that's going to
Speaker 2: live to one fifty. That's crazy, right, that's incredible. So
Speaker 2: key having to pay for their retirement.
Speaker 5: That really is so interesting. But I want to wrap
Speaker 5: it up because I am so keen to talk about
Speaker 5: this week's DM conversation because it's happened to me and
Speaker 5: I want.
Speaker 2: To talk about it same. I feel like this is
Speaker 2: going to get really heated because I've never had this
Speaker 2: conversation with all the stories, and I feel like, maybe, Beck,
Speaker 2: have you had a little bit of a nasty's share
Speaker 2: house experience in your time?
Speaker 4: I've had some interesting ones.
Speaker 3: Yeah.
Speaker 2: So here's our DM. It says High Team, hoping for
Speaker 2: a little bit of help with a tricky sharehouse situation.
Speaker 2: I'm struggling with feeling like I have a housemate who
Speaker 2: doesn't contribute regularly to shared household items, for example, toilet paper, washing,
Speaker 2: liquid cleaning products, et cetera. Any idea on how to
Speaker 2: approach this we're pretty new living together, so I just
Speaker 2: don't want it to be awkward. What would you guys?
Speaker 5: Do you have to set the boundaries early, because this
Speaker 5: is mistake that I have made in the past, is
Speaker 5: you let it go. And then in my situation, there
Speaker 5: was three of us living together and two people were
Speaker 5: kind of always doing everything in one person was just
Speaker 5: free looting, and it got by for so long that
Speaker 5: we've been living together for like six months, and it
Speaker 5: was so much harder to have the conversation then, because
Speaker 5: I think when you when you've just moved in, your
Speaker 5: kind of finding your vibe, you can suggest alternative ways
Speaker 5: of splitting things and it's not so weird because you
Speaker 5: can be like, oh, I know, we've just kind of
Speaker 5: figured it out. Here's what I did with a different
Speaker 5: group of people and it worked really well. Whereas if
Speaker 5: you get six months in, I feel like it feels
Speaker 5: a bit more whack. You're going, hey, bestie, you're the
Speaker 5: problem and so we need to find a solution, Whereas
Speaker 5: if you do it early.
Speaker 2: It's just sorting out your boundaries exactly.
Speaker 4: I've been in some really awkward situations with the housemates
Speaker 4: before I know, the first house I moved into when
Speaker 4: I moved to Melbourne was this little cute little house
Speaker 4: in Brunswick, and literally to this day there's still someone
Speaker 4: who owes a month's rent.
Speaker 5: I have someone who still I'm getting getting.
Speaker 4: Yeah, yeah, it was this, like, you know, you definitely
Speaker 4: find some of these people in house house shares where
Speaker 4: there's just one dodgy one that always just hops from
Speaker 4: house to house somehow always gets away with it. I
Speaker 4: managed to live with one of them, and she's out
Speaker 4: there somewhere justading, freeloading, doing something with that rent money.
Speaker 4: I don't know what. Yeah, it definitely is a little
Speaker 4: bit awkward. I think that it's obviously best to set
Speaker 4: the boundary ahead of time, but if you're too far
Speaker 4: gone and there's still freeloading, best thing to do is
Speaker 4: just get the entire household to download beam It or
Speaker 4: like whatever else you want. Split wise. Beam It's cool
Speaker 4: because you can like pay through the app. You don't
Speaker 4: have to like say you've paid and then go to
Speaker 4: your separate banking.
Speaker 2: And beam it was available in Australia. Yeah, that's so exciting.
Speaker 2: That's very cool.
Speaker 4: Oh my god, I've led you onto so much.
Speaker 2: Should I have learned about beamit and about iepantry. My
Speaker 2: life has changed because of you.
Speaker 5: Ben.
Speaker 4: Oh my god, that's amazing. I'm so happy to hear that.
Speaker 4: But yeah, I would say get the household to download
Speaker 4: beem It so it feels like you're not targeting one person.
Speaker 4: You're telling the whole house to do this. So it's
Speaker 4: a lot easier to manage for everyone, not because one
Speaker 4: person's not paying, but just so we all have a
Speaker 4: little you know, make it seem a little bit casual,
Speaker 4: and then just add everything on there so you can
Speaker 4: literally see who's not paying. It's like written down you've
Speaker 4: got on paper for you, you've got recints.
Speaker 2: I feel like there's still going to be that one
Speaker 2: person who doesn't pay you back if you're the housemate.
Speaker 2: And I feel like, Jess, you were the housemate in
Speaker 2: this situation, because you're very similar to me in that
Speaker 2: if you go to the supermarket and you know you
Speaker 2: need toilet paper, you would just go and buy the
Speaker 2: toilet paper and put it in the house and just
Speaker 2: like go, I'll just get them to get it next time,
Speaker 2: and then twelve months down the track, you realize that
Speaker 2: you've bought it every single month and no one else has.
Speaker 2: How do you bring that up? How do you go, oh, hey, back,
Speaker 2: could you like buy the toilet paper this time? Like
Speaker 2: I feel like always like, oh yeah, I grab some next,
Speaker 2: and then they never get it. They never get it.
Speaker 4: Hmmm hmmm.
Speaker 5: It's kind of that thing of like you can start
Speaker 5: tracking it because maybe it goes the other way, maybe
Speaker 5: your perceptions off. Let's play Devil's advocate. Maybe I'm just
Speaker 5: feeling like I'm really carrying the load and not realizing
Speaker 5: what someone else is doing. So I feel like, as
Speaker 5: you said, it's good to just have your ducks in
Speaker 5: a row, So like I would personally start kind of
Speaker 5: keeping a track of what I'm doing so that I
Speaker 5: can say, hey, like here's what I've done. What have
Speaker 5: you done? And you can kind of compare notes, like
Speaker 5: maybe she's getting dishwashing liquid and you're getting toilet paper,
Speaker 5: and you just feel that it's out of sync, but
Speaker 5: they're actually contributing in another way correct Or if it
Speaker 5: goes the other way and you're buying everything, then you
Speaker 5: can be like, hey, like you own me four hundred
Speaker 5: dollars or whatever. WHOA see.
Speaker 2: I don't think it's fair, like as much as I
Speaker 2: don't think it's fair that you would have to spend
Speaker 2: four hundred dollars. I also think that it shouldn't get
Speaker 2: to four hundred dollars rowing before you go, Beck, you
Speaker 2: owe me this, and Beck's going to go, I don't
Speaker 2: have that cash. I don't know what you think I'm
Speaker 2: going to do here. Yeah, I think we should nip
Speaker 2: it in the butt at the very start and be like, oh,
Speaker 2: I spent twelve dollars on toilet paper, you're only six
Speaker 2: bucks or whatever it is. And while it feels petty
Speaker 2: like using an app like Beaman or split Wives, which
Speaker 2: I do have a lot of experience with, can actually
Speaker 2: just keep track of that. So guys, do not let
Speaker 2: it get out of hand, because one you'll be mad
Speaker 2: because you're out four hundred bucks, but two, it just
Speaker 2: becomes such an awkward conversation.
Speaker 5: Yes, I feel like a lot of people messages though,
Speaker 5: with alternative ways of doing it, because I think that's
Speaker 5: the other thing is when you live with people, you
Speaker 5: don't just have to split everything like you. There's a
Speaker 5: lot of different systems that different people have that work
Speaker 5: for them. Right, What did people say.
Speaker 2: Oh, their responses are so fast, so everyone's got a story,
Speaker 2: and it makes us heated. When someone says, I just
Speaker 2: hit toilet paper in my room for you.
Speaker 4: That's not a bad idea.
Speaker 2: I was like, you do you? But I would get
Speaker 2: to the bathroom and have forgotten to go.
Speaker 4: Get this toilet.
Speaker 2: I'm sure someone else said there's no such thing as
Speaker 2: a shared expense or a shared household item until it's
Speaker 2: been agreed to.
Speaker 4: That's a really good that's a good perspective.
Speaker 2: There have been a couple of suggestions to download split
Speaker 2: wise and track how much they end up owing you
Speaker 2: someone else. I'm not sure about this one because it
Speaker 2: falls to the being one individual's responsibility. They said, have
Speaker 2: a communal kiddy that one person manages.
Speaker 5: I feel like someone has to take on the treasure rock.
Speaker 2: Also, like, what are you out here buying sorbent and
Speaker 2: toilet paper? I just wanted to buy black and gold.
Speaker 2: Why are you wasting money on sorbent?
Speaker 1: Yeah?
Speaker 2: Exactly, what do you mean you didn't buy the home
Speaker 2: Rand version? Or what do you mean you bought the
Speaker 2: home brand version? What is my money going to?
Speaker 1: Like?
Speaker 2: That's such a heated conversation that you could get into
Speaker 2: a lot of people. Now, I read these becker suggesting bemit,
Speaker 2: so I have indeed been leting under a rock. Someone said,
Speaker 2: I don't know how to bring it up, so I
Speaker 2: just don't cry in my.
Speaker 4: Room relatable mirror.
Speaker 2: If to me and have a chat, I think we
Speaker 2: can have a chat. Someone else said we ended up
Speaker 2: having to raise our housemates rent to make up for
Speaker 2: the amount he wasn't contributing. Imagine being like, all right, Jess,
Speaker 2: you now have one hundred dollars a week more rent
Speaker 2: to pay because you keep using my TP.
Speaker 5: If you found out, though, I feel like you'd be
Speaker 5: so yes about that.
Speaker 4: I wonder if they rode up like a fake your rental.
Speaker 2: It was completely fraudulent.
Speaker 4: Yes, that is wild.
Speaker 2: Someone else has suggested make sure you have a group
Speaker 2: chat with all the housemates and use it. You need
Speaker 2: to verbalize what you need, which I think is really important.
Speaker 2: I think, as we're saying before, nip it in the
Speaker 2: bud and track it. And even if it's small, I
Speaker 2: think it should be added. Someone else said, chuck a
Speaker 2: list on the fridge of basics and initial each time
Speaker 2: you purchase it. I've done this before and it worked
Speaker 2: really well. Someone said it's hard, but don't sweat the
Speaker 2: small stuff. Think of the money you're saving by just
Speaker 2: living in a share house.
Speaker 5: Okay, you say that, you say that it's not worth
Speaker 5: the emotional trauma.
Speaker 2: Have you lived in a sharehouse? Because there's somebody who
Speaker 2: lived years in a sharehouse. It's not how it goes.
Speaker 4: No, you live in a sharehouse because those little little
Speaker 4: dollars mean a lot to you. Yeah, But then also
Speaker 4: I feel like compounds over time. I used to live
Speaker 4: with a housemate that I have a crazy housemate story,
Speaker 4: well a couple of crazy housemate stories, but I have
Speaker 4: one crazy housemate that was literally that person.
Speaker 2: She never paid for anything. She would use my shampoo
Speaker 2: and my conditioner, and she would use all of my staff.
Speaker 2: And as a poor UNI student who used to like
Speaker 2: one of my things that I would always spend money
Speaker 2: on with shampoo and conditioner, like, I'd get so salty
Speaker 2: to the point where I ended up having like a
Speaker 2: little do you remember that shower you know plastic cleaning
Speaker 2: caddies that you could buy. I had almost shower products
Speaker 2: in there, and I'd keep it in my room. And
Speaker 2: then I swore, I swore they were still going down.
Speaker 2: Turns out she was going into my room and getting
Speaker 2: my products to use.
Speaker 5: While still that's such an invasion.
Speaker 2: My other housemates suggested that we put nair in the shampoo,
Speaker 2: but I just didn't have the guts to do that.
Speaker 2: Your hindsight would have made for a really good story,
Speaker 2: but decided probably not the most ethical thing to do.
Speaker 2: She also, I don't know how much you want to
Speaker 2: know about this housemate everything. Yeah, okay, so she didn't
Speaker 2: like doing her washing, and when we were out of
Speaker 2: washing powder, and when I say out of washing powder,
Speaker 2: it washitten in one of my other housemates' rooms. Because
Speaker 2: we were so sick of the fact that she wouldn't
Speaker 2: do it, she started taking my underwear.
Speaker 5: I actually have heard about this housemates boy, I remember that,
Speaker 5: I remember this.
Speaker 2: But yeah, so she took my underwear. And then one
Speaker 2: weekend you're going to remember this part two. I was
Speaker 2: quite young at university and I would go home on
Speaker 2: the weekends because I had a job back where I
Speaker 2: used to live with my parents, and I'd work there Friday,
Speaker 2: Saturday Sunday and then come back up for UNI during
Speaker 2: the week right, So I went home one weekend and
Speaker 2: came back on the Sunday night to find out that
Speaker 2: all of the pre made meals my mom had mate
Speaker 2: all of the meat that my mum had like organized
Speaker 2: me because she would give me, like, you know, if
Speaker 2: there was an extra chicken breast or something, she put
Speaker 2: in a ziploc bag and I'd take her home and
Speaker 2: put in my freezer, right, and I feel like that's
Speaker 2: such a month thing. But this housemate had thrown it
Speaker 2: out because she decided to go vegan. I don't want
Speaker 2: any meat products in the house. And so like my
Speaker 2: mom had made like you know, single serves of Bolonni's
Speaker 2: and single serves of like her favorite was like curried sausages,
Speaker 2: and I was obsessed. I'm still obsessed with curried sausages.
Speaker 2: But she literally threw out all of my meals that
Speaker 2: my mom had crept for me and organized, and thinks
Speaker 2: that I had been freezing because, as you know, as
Speaker 2: a poor UNI student, chicken's expensive. So if your mom
Speaker 2: gives you a chicken, I'm going to freeze that and
Speaker 2: use that later for a stir fry.
Speaker 5: That's like gold.
Speaker 3: That's good.
Speaker 2: She threw it all out. I was so seasy, so mean,
Speaker 2: and then she acted like I was the problem, Oh,
Speaker 2: because you're a meat eater. Yeah, and it made her
Speaker 2: uncomfortable thinking about how many dead animals were in her
Speaker 2: fridge at night.
Speaker 5: Oh no, crazy.
Speaker 2: Jokes on me. I'm now so story so or it
Speaker 2: did work, it works, but we're not going to give
Speaker 2: her that. Back to this, a few people are just
Speaker 2: saying you need to make sure that you bring it
Speaker 2: up and just have a conversation, which seems to be
Speaker 2: the underlying conversation here. And then two other people have
Speaker 2: suggested a monthly kitty for shared household items, So do
Speaker 2: a budget and work out how much per month you're
Speaker 2: spending on shared household items and then split it. They've
Speaker 2: done this over a couple of messages. So they've said
Speaker 2: you can even include things like balsamic vinegar and oil
Speaker 2: and butter and shared items, which I think is quite
Speaker 2: quite smart. But I think the problem with that from
Speaker 2: my perspective is some months you do need to go
Speaker 2: buy a SUMIW balsamic vinegar and oil, and that's kind
Speaker 2: of expensive, right, well, it's oil like twelve bucks a
Speaker 2: bottle or something at the moment, But then some months
Speaker 2: you won't have to, so like, do you put the
Speaker 2: same eating each month? And then is that I don't know.
Speaker 2: I just I find managing money with other people who
Speaker 2: are not your partner incredibly challenging.
Speaker 5: It relies on you having a really good relationship with
Speaker 5: those people. I think as well, because if I think
Speaker 5: back on some of my living situations, what might have
Speaker 5: started out really well got more strained over time, particularly
Speaker 5: in situations like this where one person wasn't pulling their weight.
Speaker 5: By the end of it, I feel like everything's not rosy.
Speaker 5: I don't want to sit down and work out a
Speaker 5: budget for you. Figure it out yourself, Like I don't
Speaker 5: want to be pulling your weight, and I'm kissed off
Speaker 5: because you're not pulling your weight. Why would I then
Speaker 5: go and budget for you when you're probably not even
Speaker 5: going to pay for it.
Speaker 2: I feel like there's some level of give and take
Speaker 2: as well here. So if you're a bit like you know,
Speaker 2: Jess and I I don't want to do somebody else's budget,
Speaker 2: you're right, yeah, But like if I felt that you
Speaker 2: and I were living together and you bought some things
Speaker 2: and I bought some other things and it just felt fair,
Speaker 2: I just don't think I would. It's kind of like
Speaker 2: sometimes I'll grab the coffee sometimes you grab the coffee,
Speaker 2: but you also know that I'm going to grab the
Speaker 2: coffee next time, because like in my head, I know that,
Speaker 2: do you know what I mean. It's kind of like
Speaker 2: this idea that all right, well just bought the oil,
Speaker 2: I owe her one like, and I feel like that's
Speaker 2: the right approach to it. But then there are some
Speaker 2: crazy housemates who are like, yeah, you owly fifty one
Speaker 2: dollars and forty eight cents and you're like, forty eight
Speaker 2: cents doesn't even exist anymore, babe, why did you get
Speaker 2: this now? So I just it's a struggle. But I
Speaker 2: think that you need to find the flow, and the
Speaker 2: best way to do that is with a really good
Speaker 2: conversation at the start of your living arrangement.
Speaker 5: And for whoever already in we know you're already living together,
Speaker 5: have the conversation now it's awkward, buck up, It'll be
Speaker 5: way easier for you in the long term.
Speaker 2: Yeah, and I feel like, be confrontational about it, like
Speaker 2: not aggressive and rude, but don't leave passive notes out.
Speaker 2: Don't leave a passive group chat message as you're leaving
Speaker 2: the house. Actually, just be like, hey, we need to
Speaker 2: have a chat, and have that conversation, and yes, you're right.
Speaker 2: Sometimes it's easier to just drop, hey, you owe me
Speaker 2: X for X in a group chat. But how about
Speaker 2: we set the expectations in person, because that's when things
Speaker 2: get petty and aggressive and it just blows out of proportion. Amen,
Speaker 2: No passive aggressive notes at my ex vegan housemate who
Speaker 2: throughout all my meat and used to leave passive aggressive
Speaker 2: notes on everything I own. I wan't know who this
Speaker 2: is to see. I'll show you later. Okay, all right,
Speaker 2: but guys, I think that's all we have time for today,
Speaker 2: so we will see you next week. Have a good weekend, friends,
Speaker 2: Have a good weekend.
Speaker 4: Bye bye, guys.
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