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