1 00:00:00,680 --> 00:00:04,920 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr 2 00:00:04,960 --> 00:00:08,680 Speaker 1: the Order KERNI Whoalbury and a waddery woman. And before 3 00:00:08,680 --> 00:00:11,160 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,160 --> 00:00:14,319 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,400 --> 00:00:17,680 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,120 --> 00:00:22,240 Speaker 1: acknowledging the elders, the ancestors and the next generation coming 7 00:00:22,320 --> 00:00:26,960 Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing 8 00:00:27,080 --> 00:00:30,120 Speaker 1: and the storytelling of you to make a difference for 9 00:00:30,240 --> 00:00:32,640 Speaker 1: today and lasting impact for tomorrow. 10 00:00:33,320 --> 00:00:37,120 Speaker 2: Let's get into it. She's on the Money, She's on 11 00:00:37,159 --> 00:01:00,600 Speaker 2: the Money. Hello, and welcome to She's on the Money 12 00:01:00,640 --> 00:01:04,520 Speaker 2: the podcast and millennials who want financial freedom. Welcome back 13 00:01:04,560 --> 00:01:06,840 Speaker 2: to another one of our Money Diary episodes where I 14 00:01:06,920 --> 00:01:09,840 Speaker 2: get the absolute privilege of talking to one of our 15 00:01:09,880 --> 00:01:13,400 Speaker 2: beautiful She's on the Money community members all about their journey. 16 00:01:13,800 --> 00:01:16,200 Speaker 2: Let's jump straight in because I get a message this 17 00:01:16,280 --> 00:01:19,840 Speaker 2: week and it went like this, Hi V. I was 18 00:01:19,880 --> 00:01:24,160 Speaker 2: broke amum at eighteen, living on sentling until I discovered 19 00:01:24,160 --> 00:01:28,680 Speaker 2: the beauty industry. Now I'm a landlord, a full scheduled 20 00:01:28,760 --> 00:01:33,200 Speaker 2: nail technician, and their kids are thriving. That's the best. Like, 21 00:01:33,319 --> 00:01:36,279 Speaker 2: that's so short, so sweet, so straight to the point. 22 00:01:36,400 --> 00:01:38,959 Speaker 2: I need to know so much more about this. But 23 00:01:39,160 --> 00:01:42,119 Speaker 2: before we get there, money darist, what would you give 24 00:01:42,120 --> 00:01:43,640 Speaker 2: you money habits if I asked you to give them 25 00:01:43,640 --> 00:01:44,880 Speaker 2: a grade from A through to F. 26 00:01:46,280 --> 00:01:49,560 Speaker 3: I've been thinking about it. I like to think I'm 27 00:01:49,600 --> 00:01:52,000 Speaker 3: a solid B. I'm definitely on an A. I think 28 00:01:52,040 --> 00:01:55,560 Speaker 3: everybody has faults. I have a good relationship with money. 29 00:01:55,760 --> 00:01:57,720 Speaker 3: I don't feel like I have to spend it. I 30 00:01:57,720 --> 00:01:59,560 Speaker 3: don't feel like I need to have the latest thing 31 00:01:59,600 --> 00:02:01,760 Speaker 3: or the cool this thing. So I'd like to get 32 00:02:01,760 --> 00:02:02,600 Speaker 3: myself a bee. 33 00:02:02,800 --> 00:02:05,320 Speaker 2: All right, let's start with a bee. But now my 34 00:02:05,360 --> 00:02:07,920 Speaker 2: favorite question of all time, I want to know more 35 00:02:08,000 --> 00:02:10,640 Speaker 2: about your money story. Can you open up? 36 00:02:10,880 --> 00:02:15,440 Speaker 3: Yeah, definitely. So we were freshly eighteen when we fell pregnant. 37 00:02:15,919 --> 00:02:19,120 Speaker 3: We were only together for three months, and obviously that 38 00:02:19,200 --> 00:02:22,040 Speaker 3: through a spanner in the works for everyone. We had plans, 39 00:02:22,040 --> 00:02:25,040 Speaker 3: and obviously all the plans went to out. 40 00:02:24,919 --> 00:02:28,680 Speaker 2: The window rubbish three months. That would have been a shock. 41 00:02:29,320 --> 00:02:31,240 Speaker 2: We're like, oh, oh, I. 42 00:02:31,160 --> 00:02:33,000 Speaker 3: Think you know it is what it is. But it 43 00:02:33,040 --> 00:02:34,799 Speaker 3: was the best thing that happened for us, I reckon 44 00:02:34,960 --> 00:02:36,720 Speaker 3: and we talk about all the time. We would never 45 00:02:36,760 --> 00:02:39,000 Speaker 3: have it any other way. And I also think we 46 00:02:39,000 --> 00:02:42,360 Speaker 3: wouldn't be who we are today if we didn't feel 47 00:02:42,400 --> 00:02:45,359 Speaker 3: pregnant at such a young age, because it pushed us 48 00:02:45,440 --> 00:02:46,919 Speaker 3: to achieve better. 49 00:02:47,080 --> 00:02:49,600 Speaker 2: I love that so much because I think that so 50 00:02:49,720 --> 00:02:52,680 Speaker 2: many people, when they find out they're pregnant really young 51 00:02:52,840 --> 00:02:56,120 Speaker 2: and it was completely unexpected, they just immediately assume it's 52 00:02:56,120 --> 00:02:58,440 Speaker 2: going to ruin their lives, and You're like, no, no, no, 53 00:02:58,480 --> 00:02:59,799 Speaker 2: it made mine so much better. 54 00:03:00,919 --> 00:03:03,560 Speaker 3: Definitely. Yeah, well we freaked out at the start. We 55 00:03:03,560 --> 00:03:04,640 Speaker 3: were like, oh, what are we going to do? Like 56 00:03:04,639 --> 00:03:06,560 Speaker 3: we were still living at home at this point, like 57 00:03:06,760 --> 00:03:10,560 Speaker 3: just in a little bedroom in our family home. And yeah, 58 00:03:10,600 --> 00:03:12,880 Speaker 3: we quickly were like, okay, well something has to change. 59 00:03:12,919 --> 00:03:16,280 Speaker 3: So we moved out. And obviously moving out at eighteen 60 00:03:16,600 --> 00:03:20,080 Speaker 3: was a struggle. So I was just on centilink after 61 00:03:20,160 --> 00:03:23,640 Speaker 3: I you know, finish with working when I like went 62 00:03:23,680 --> 00:03:25,720 Speaker 3: on Matt leave, which I was just working in a 63 00:03:25,720 --> 00:03:27,959 Speaker 3: cafe so it was nothing special at paid the bills 64 00:03:27,960 --> 00:03:30,720 Speaker 3: and that's all, and my partner was kind of just 65 00:03:30,800 --> 00:03:33,560 Speaker 3: doing whatever he could get his hands on to earn 66 00:03:33,600 --> 00:03:36,040 Speaker 3: the money. And yeah, we struggled for a long time, 67 00:03:36,200 --> 00:03:38,400 Speaker 3: like just trying to cover the rent. I think honestly, 68 00:03:38,440 --> 00:03:42,600 Speaker 3: our outgoings were probably more than our incoming. So yeah, 69 00:03:42,720 --> 00:03:47,640 Speaker 3: it was a really really hard time. Babies are expensive, Yeah, definitely. 70 00:03:47,680 --> 00:03:50,880 Speaker 3: And also you're just I think at that age, especially 71 00:03:50,960 --> 00:03:53,960 Speaker 3: being pregnant, you're trying to prove something as well, so 72 00:03:54,000 --> 00:03:57,240 Speaker 3: you're trying to also show everyone that you can do it, 73 00:03:57,280 --> 00:03:59,520 Speaker 3: that you're not struggling, and that you know, we didn't 74 00:03:59,520 --> 00:04:01,680 Speaker 3: want to be like, oh we really need help, like 75 00:04:01,760 --> 00:04:03,640 Speaker 3: we can't afford this or we can't afford that. We 76 00:04:03,640 --> 00:04:06,480 Speaker 3: would just do it, and like you know, say our 77 00:04:06,600 --> 00:04:08,520 Speaker 3: family or something wanted us to do something that we 78 00:04:08,560 --> 00:04:11,280 Speaker 3: couldn't afford, we would just do it rather than being 79 00:04:11,320 --> 00:04:12,920 Speaker 3: like a sorry, we can't afford that, we're not going 80 00:04:12,960 --> 00:04:15,760 Speaker 3: to join in or something. So we always struggled, and 81 00:04:15,800 --> 00:04:18,760 Speaker 3: we always found it really hard to come to terms 82 00:04:18,760 --> 00:04:22,080 Speaker 3: with actually, no, we can't afford this, and let's figure 83 00:04:22,080 --> 00:04:25,400 Speaker 3: out another way to achieve it. But yeah, for ages 84 00:04:25,480 --> 00:04:28,200 Speaker 3: we struggled and we just kind of like made ends meet, 85 00:04:28,240 --> 00:04:31,240 Speaker 3: and then we had our son at nineteen. 86 00:04:31,720 --> 00:04:34,080 Speaker 2: Did you plan to have a second baby or is 87 00:04:34,120 --> 00:04:36,240 Speaker 2: that something that was like ooh, another surprise. 88 00:04:36,640 --> 00:04:39,800 Speaker 3: Well, when our son turned one, we were kind of like, oh, 89 00:04:39,839 --> 00:04:42,279 Speaker 3: we want another one, Like we wanted to have a friend, 90 00:04:42,360 --> 00:04:43,720 Speaker 3: so our daughter was planned. 91 00:04:43,920 --> 00:04:46,200 Speaker 2: I only ask not because I'm trying to be pervy 92 00:04:46,200 --> 00:04:48,159 Speaker 2: and be like, oh, did you have an accident twice? 93 00:04:48,200 --> 00:04:50,240 Speaker 2: It's more like I feel like I've met so many 94 00:04:50,279 --> 00:04:52,120 Speaker 2: people that have babies young and then they have the 95 00:04:52,120 --> 00:04:54,280 Speaker 2: first one and go, you know what, let's just whack 96 00:04:54,320 --> 00:04:56,240 Speaker 2: out a couple more while we're here, like we're in 97 00:04:56,360 --> 00:04:58,760 Speaker 2: baby mode, like we've got all this stuff, we know 98 00:04:58,800 --> 00:05:01,839 Speaker 2: we want multiple kids, Like it kind of just makes sense. 99 00:05:02,400 --> 00:05:05,520 Speaker 3: Yeah, Well, just with having our son super young, we 100 00:05:05,520 --> 00:05:07,280 Speaker 3: were like, we don't want a massive age gap, we 101 00:05:07,320 --> 00:05:09,320 Speaker 3: don't want to be older, Like we really just wanted 102 00:05:09,320 --> 00:05:11,960 Speaker 3: to be young parents and smashed out young. My mum 103 00:05:12,080 --> 00:05:14,880 Speaker 3: was a young mom. She had me at twenty two, 104 00:05:15,760 --> 00:05:18,279 Speaker 3: and like we're best friends now, so like I'm twenty 105 00:05:18,320 --> 00:05:20,240 Speaker 3: five and she's forty eight. Maybe I don't know, but 106 00:05:20,240 --> 00:05:23,080 Speaker 3: I'm like, we're just besties. So I wanted that as well, 107 00:05:23,600 --> 00:05:25,840 Speaker 3: even though it was going to be a struggle. 108 00:05:26,000 --> 00:05:29,080 Speaker 2: I love it. And as somebody who's currently very very 109 00:05:29,120 --> 00:05:32,560 Speaker 2: pregnant and thirty two. I just wish I was a 110 00:05:32,600 --> 00:05:33,320 Speaker 2: little bit younger. 111 00:05:33,520 --> 00:05:37,000 Speaker 3: You hindsight, yeah, I think you know, it happens whenever 112 00:05:37,000 --> 00:05:39,159 Speaker 3: you're ready, and I think, no matter what age you 113 00:05:39,200 --> 00:05:41,240 Speaker 3: are or where you are, it's going to happen, and 114 00:05:41,279 --> 00:05:42,159 Speaker 3: it's going to be beautiful. 115 00:05:42,279 --> 00:05:45,440 Speaker 2: So I'm just really tired, you know. So I look 116 00:05:45,440 --> 00:05:47,680 Speaker 2: at you and I'm like, oh, that was a smart 117 00:05:47,680 --> 00:05:49,480 Speaker 2: move from you, you smart cookie. 118 00:05:49,560 --> 00:05:52,279 Speaker 3: Well, my sister's twenty eight, and I say like, come on, 119 00:05:52,960 --> 00:05:55,720 Speaker 3: gotta have one soon because I'm exhausted and I'm twenty five. 120 00:05:56,680 --> 00:05:59,520 Speaker 2: When you're in your forties and people like me are 121 00:05:59,600 --> 00:06:02,080 Speaker 2: stilled doing daycare drop off, you'll be like, have fun 122 00:06:02,120 --> 00:06:03,599 Speaker 2: over there. I've got a margarita. 123 00:06:04,360 --> 00:06:05,479 Speaker 3: I know I'll be living. 124 00:06:05,800 --> 00:06:07,960 Speaker 2: So tell me what life looks like now. So you 125 00:06:08,040 --> 00:06:12,080 Speaker 2: had two kids, obviously a struggle. That's not what life's 126 00:06:12,160 --> 00:06:12,760 Speaker 2: like now. 127 00:06:12,600 --> 00:06:16,679 Speaker 3: Though, No, So they're four and six now. We purchased 128 00:06:16,720 --> 00:06:19,800 Speaker 3: a property at the start of last year in an 129 00:06:19,839 --> 00:06:22,520 Speaker 3: area that was kind of yet to boom, and then 130 00:06:22,600 --> 00:06:25,600 Speaker 3: we were there for a year and we renovated and 131 00:06:25,640 --> 00:06:28,120 Speaker 3: like you know, it kind of boomed. So we've got 132 00:06:28,120 --> 00:06:30,599 Speaker 3: a bit of equity now and we're actually renting the 133 00:06:30,600 --> 00:06:31,120 Speaker 3: house out. 134 00:06:31,160 --> 00:06:32,360 Speaker 2: Now, oh look at you. 135 00:06:32,839 --> 00:06:34,479 Speaker 3: Yeah, so that's really exciting. So that was like a 136 00:06:34,480 --> 00:06:36,719 Speaker 3: goal for us. We really wanted to like prove we 137 00:06:36,760 --> 00:06:39,440 Speaker 3: could do it all. So yeah, by twenty five, we 138 00:06:39,480 --> 00:06:42,000 Speaker 3: wanted to at least like have a property rented out. 139 00:06:42,040 --> 00:06:45,440 Speaker 3: And yeah, so we started actually at least to a 140 00:06:45,560 --> 00:06:47,960 Speaker 3: rental until we buy our second property, which is a 141 00:06:48,040 --> 00:06:51,520 Speaker 3: goal that we will hopefully achieve next year. We started 142 00:06:51,520 --> 00:06:53,560 Speaker 3: the rental property yesterday. 143 00:06:53,200 --> 00:06:55,280 Speaker 2: So I was so fresh. 144 00:06:55,440 --> 00:06:55,719 Speaker 1: Mm. 145 00:06:56,320 --> 00:07:00,280 Speaker 3: But yeah, so life now is obviously a lot than 146 00:07:00,279 --> 00:07:04,040 Speaker 3: what it was. We're not struggling, I mean cost of living. Obviously, 147 00:07:04,240 --> 00:07:06,919 Speaker 3: money is still always like not an issue, but you 148 00:07:07,000 --> 00:07:09,960 Speaker 3: want to be careful. But yeah, being an now technician, 149 00:07:10,400 --> 00:07:12,200 Speaker 3: that's why I wanted to jump on because I was like, 150 00:07:12,240 --> 00:07:14,520 Speaker 3: it honestly changed my life. It was something I was 151 00:07:14,560 --> 00:07:17,520 Speaker 3: able to do while being at home being a mom. 152 00:07:17,800 --> 00:07:19,920 Speaker 3: No matter what age I was, I could achieve it. 153 00:07:20,440 --> 00:07:22,080 Speaker 3: I could do it in the benefit of my own home. 154 00:07:22,120 --> 00:07:23,720 Speaker 3: And it's still brought in a full income. 155 00:07:24,040 --> 00:07:25,040 Speaker 2: How good is that. 156 00:07:25,440 --> 00:07:27,720 Speaker 3: Obviously it's a business, so you're self employed. Don't give 157 00:07:27,720 --> 00:07:30,560 Speaker 3: you a bit of experience with like the back end 158 00:07:30,680 --> 00:07:33,880 Speaker 3: and tax and all that. Stuff. So yeah, I was like, well, 159 00:07:34,960 --> 00:07:37,760 Speaker 3: it's just been like a full circle kind of moment. 160 00:07:38,040 --> 00:07:40,200 Speaker 2: I love it. So tell me more about this business. 161 00:07:40,520 --> 00:07:42,360 Speaker 2: Were you like one day you woke up and you're like, 162 00:07:42,400 --> 00:07:44,960 Speaker 2: I could probably do nails at home or were you, 163 00:07:44,960 --> 00:07:46,920 Speaker 2: you know, pre trained in that, Like how did you 164 00:07:46,960 --> 00:07:50,440 Speaker 2: fall into this? Because as somebody who I love doing 165 00:07:50,440 --> 00:07:52,760 Speaker 2: my own nails because I literally do not have the 166 00:07:52,800 --> 00:07:55,600 Speaker 2: time during the day at a reasonable hour to go 167 00:07:55,640 --> 00:07:58,760 Speaker 2: and see a nail technician, but like I adore it, 168 00:07:58,840 --> 00:08:01,920 Speaker 2: and I feel like having a good nail technician is 169 00:08:01,960 --> 00:08:04,280 Speaker 2: like a cult, like you find someone and you go 170 00:08:04,360 --> 00:08:06,440 Speaker 2: to nobody else. And I'm sure you see this with 171 00:08:06,480 --> 00:08:10,120 Speaker 2: your clients, but like, good on you for finding that niche, 172 00:08:10,800 --> 00:08:13,520 Speaker 2: because it's a great niche to be, But how did 173 00:08:13,560 --> 00:08:14,040 Speaker 2: you find it? 174 00:08:14,520 --> 00:08:18,120 Speaker 3: So obviously, like as a teenage girl, I loved getting 175 00:08:18,120 --> 00:08:20,680 Speaker 3: my nails done, and I loved watching like the nail 176 00:08:20,760 --> 00:08:25,240 Speaker 3: tutorials on like Facebook, like whatever back then we watched 177 00:08:25,240 --> 00:08:27,720 Speaker 3: them on. But my son was nearly one and it 178 00:08:27,840 --> 00:08:30,080 Speaker 3: was like kind of time for me to return back 179 00:08:30,120 --> 00:08:32,160 Speaker 3: to an income. I didn't want to go back to 180 00:08:32,240 --> 00:08:35,720 Speaker 3: the cafe. I didn't have any other qualifications because I 181 00:08:35,800 --> 00:08:38,199 Speaker 3: dropped out of high school, so I didn't really follow 182 00:08:38,200 --> 00:08:40,839 Speaker 3: through with anything. I just went to working with whatever 183 00:08:40,920 --> 00:08:41,600 Speaker 3: job would take me. 184 00:08:41,960 --> 00:08:42,160 Speaker 1: Yep. 185 00:08:42,320 --> 00:08:45,600 Speaker 3: And obviously being pregnant at eighteen, I didn't go through 186 00:08:45,600 --> 00:08:48,720 Speaker 3: with UNI or anything like that. So I was like, yeah, 187 00:08:48,720 --> 00:08:50,559 Speaker 3: what can I do that's still going to bring me money, 188 00:08:50,559 --> 00:08:52,439 Speaker 3: but I'm still going to be flexible. So that's when 189 00:08:52,480 --> 00:08:55,400 Speaker 3: I was like, I wonder, you know what a now 190 00:08:55,480 --> 00:08:58,200 Speaker 3: business would look like. Obviously you're never going to run 191 00:08:58,240 --> 00:08:59,280 Speaker 3: out of clientele and. 192 00:08:59,240 --> 00:09:02,200 Speaker 2: They reoccur as well, which is smart business. 193 00:09:02,640 --> 00:09:04,440 Speaker 3: Yeah, so I was like, you know, what's going to 194 00:09:04,440 --> 00:09:07,960 Speaker 3: bring an income, but like, I'm not going to be like, 195 00:09:08,000 --> 00:09:10,000 Speaker 3: you know, marketed properly. You're always going to have a 196 00:09:10,040 --> 00:09:12,560 Speaker 3: clientele because every single woman at some stage once they're 197 00:09:12,559 --> 00:09:15,760 Speaker 3: now is done all men, you know. So yeah, I 198 00:09:15,920 --> 00:09:18,959 Speaker 3: started looking at a NOW course and it worked out 199 00:09:19,200 --> 00:09:22,400 Speaker 3: perfect because back then, I don't know if they still 200 00:09:22,400 --> 00:09:24,080 Speaker 3: do it now, but the government offered like a CERT 201 00:09:24,120 --> 00:09:27,439 Speaker 3: three guarantee. Yeah, So the NOW course that I did 202 00:09:27,480 --> 00:09:30,200 Speaker 3: was a CERT three and it was actually a few thousand, 203 00:09:30,320 --> 00:09:32,840 Speaker 3: but with the SERT three guarantee because I hadn't done 204 00:09:32,880 --> 00:09:36,680 Speaker 3: a prior CIRT three. The government funded most of that, 205 00:09:36,880 --> 00:09:39,080 Speaker 3: so I think out of pocket, I only take about 206 00:09:39,120 --> 00:09:40,480 Speaker 3: five hundred or something like that. 207 00:09:40,600 --> 00:09:41,559 Speaker 2: Oh, how good. 208 00:09:42,360 --> 00:09:44,480 Speaker 3: And it was three or four days a week, so like, 209 00:09:44,559 --> 00:09:47,320 Speaker 3: you know, I had my son at home, like I 210 00:09:47,400 --> 00:09:49,200 Speaker 3: just had someone come and watch him, or my partner 211 00:09:49,240 --> 00:09:51,760 Speaker 3: would stay home on his days off to watch him, 212 00:09:51,760 --> 00:09:53,959 Speaker 3: and I went and did the tape course. I think 213 00:09:53,960 --> 00:09:56,600 Speaker 3: it was like three months or four months or something. Yeah, 214 00:09:56,640 --> 00:10:00,480 Speaker 3: And then when I finished, it took me little bit 215 00:10:00,520 --> 00:10:03,160 Speaker 3: to get the ball rolling because it's super nerve wracking, 216 00:10:03,240 --> 00:10:05,839 Speaker 3: and you know, you have people watching you while you're working. 217 00:10:05,679 --> 00:10:07,280 Speaker 2: It's anxiety inducing. 218 00:10:08,400 --> 00:10:10,920 Speaker 3: Once I got comfortable with doing it, I thought, this 219 00:10:11,040 --> 00:10:13,600 Speaker 3: is it, Like this is just what's going to work 220 00:10:13,600 --> 00:10:16,880 Speaker 3: for me, and I kind of just kept going with it. 221 00:10:17,400 --> 00:10:21,079 Speaker 3: And at that stage, we were just in like a 222 00:10:21,240 --> 00:10:23,960 Speaker 3: crappy little house what we could afford in a Brisbane 223 00:10:24,600 --> 00:10:27,360 Speaker 3: suburb that was just getting more and more expensive to 224 00:10:27,480 --> 00:10:30,720 Speaker 3: live in. So we actually had to leave that house 225 00:10:30,840 --> 00:10:33,160 Speaker 3: because like it was not a very nice house to 226 00:10:33,200 --> 00:10:36,040 Speaker 3: work in for clients. And I was also heavily pregnant 227 00:10:36,040 --> 00:10:39,520 Speaker 3: with my daughter. When I decided to stop doing oils 228 00:10:39,600 --> 00:10:42,560 Speaker 3: just to focus on the end of the pregnancy, So 229 00:10:42,600 --> 00:10:45,320 Speaker 3: I had a bit of a break I'd say for 230 00:10:45,400 --> 00:10:47,839 Speaker 3: like maybe a good six months or eight months. I'd 231 00:10:47,840 --> 00:10:50,800 Speaker 3: actually stopped doing oils four and then when I got 232 00:10:50,840 --> 00:10:53,360 Speaker 3: back into it, I kind of came in with like 233 00:10:53,400 --> 00:10:57,559 Speaker 3: a fresh mindset. I changed my business name, I like rebranded, 234 00:10:57,720 --> 00:11:00,720 Speaker 3: I bought all new stuff, had a bit money aside 235 00:11:00,760 --> 00:11:03,839 Speaker 3: saved up that I like spent just all my money 236 00:11:03,880 --> 00:11:06,640 Speaker 3: on and all my savings on rebranding, and just hoping 237 00:11:06,720 --> 00:11:09,679 Speaker 3: like it was going to pick back up again and 238 00:11:09,720 --> 00:11:11,720 Speaker 3: I would get all new clientele again and just like 239 00:11:11,800 --> 00:11:14,600 Speaker 3: prayed that it worked. And it did and it worked perfect. 240 00:11:15,200 --> 00:11:17,480 Speaker 3: I love that, And I literally haven't stopped since. So 241 00:11:17,600 --> 00:11:20,959 Speaker 3: that's been five years now since I've picked it back up, 242 00:11:22,240 --> 00:11:25,240 Speaker 3: and I think I've taken like maybe two weeks off 243 00:11:25,240 --> 00:11:27,520 Speaker 3: in that whole time. I've just had a full schedule 244 00:11:28,120 --> 00:11:29,840 Speaker 3: and it's been amazing. 245 00:11:30,280 --> 00:11:33,080 Speaker 2: Yeah wow, So tell me a bit more, because obviously, 246 00:11:33,200 --> 00:11:35,319 Speaker 2: starting your own business is so much more than going 247 00:11:35,320 --> 00:11:37,360 Speaker 2: and getting a certification and being like cool, I can 248 00:11:37,400 --> 00:11:40,360 Speaker 2: hit the ground running like you were just a young mum. 249 00:11:40,520 --> 00:11:42,640 Speaker 2: How did you work out like all the marketing, the 250 00:11:42,679 --> 00:11:46,000 Speaker 2: branding and like acquiring clients, Like what was your I 251 00:11:46,000 --> 00:11:48,680 Speaker 2: guess main mode of advertising. 252 00:11:49,320 --> 00:11:52,440 Speaker 3: Well, when I first started, I came in at a 253 00:11:52,480 --> 00:11:56,480 Speaker 3: really good time when kind of people were still going 254 00:11:56,480 --> 00:11:58,920 Speaker 3: to the shops. But it wasn't like popular back then 255 00:11:58,960 --> 00:12:01,200 Speaker 3: to have like your own now tech. Well I was 256 00:12:01,240 --> 00:12:04,160 Speaker 3: only nineteen, so I didn't have my own now tech. 257 00:12:04,360 --> 00:12:06,040 Speaker 3: If I want to my annow start, I would have 258 00:12:06,200 --> 00:12:08,360 Speaker 3: just gone to the shops. Yeah, and so I think 259 00:12:08,400 --> 00:12:11,160 Speaker 3: I started at a really good time because the nail 260 00:12:11,200 --> 00:12:14,240 Speaker 3: industry kind of boomed in between when I started to 261 00:12:14,280 --> 00:12:17,200 Speaker 3: when I like finished before having my second child, and 262 00:12:17,240 --> 00:12:19,640 Speaker 3: then Yeah, people were wanting to find their own at 263 00:12:19,679 --> 00:12:22,480 Speaker 3: home now technician and someone that was careful and more 264 00:12:22,520 --> 00:12:27,840 Speaker 3: of like a luxurious service. So when I first started marketing, 265 00:12:28,559 --> 00:12:31,080 Speaker 3: I would post like Facebook Marketplace ads. 266 00:12:31,440 --> 00:12:33,520 Speaker 2: Oh cool smart, Well, it didn't. 267 00:12:33,320 --> 00:12:36,840 Speaker 3: Cost me anything. And I think back then boosting like 268 00:12:36,920 --> 00:12:39,000 Speaker 3: your post on Instagram wasn't a thing. So it was 269 00:12:39,040 --> 00:12:41,880 Speaker 3: all done by Facebook Marketplace and Facebook groups. I think 270 00:12:41,920 --> 00:12:43,719 Speaker 3: I even had Gumtree ads back then. 271 00:12:43,960 --> 00:12:45,000 Speaker 2: Yeah cool, Yeah. 272 00:12:45,040 --> 00:12:47,680 Speaker 3: Just anyone I could get in. I wouldn't care about 273 00:12:47,800 --> 00:12:50,000 Speaker 3: you know who they were or like, you know whatever. 274 00:12:50,440 --> 00:12:51,839 Speaker 3: Back then, it was a bit hard to get more 275 00:12:51,840 --> 00:12:54,040 Speaker 3: of like an upscaled client. So yeah, I think I 276 00:12:54,080 --> 00:12:55,880 Speaker 3: was charging maybe like forty dollars for a set of 277 00:12:55,960 --> 00:12:59,160 Speaker 3: hours back then, and I would just maybe do like 278 00:12:59,200 --> 00:13:00,680 Speaker 3: two a day or three, you know. So it wasn't 279 00:13:00,679 --> 00:13:02,280 Speaker 3: a lot of money at the very start. It took 280 00:13:02,320 --> 00:13:05,200 Speaker 3: me ages and what I have been earning. But yeah, 281 00:13:05,280 --> 00:13:09,079 Speaker 3: just to get experience, I would just post on social media. 282 00:13:09,240 --> 00:13:15,040 Speaker 3: Instagram wasn't really a massive thing. I think Instagram started 283 00:13:15,040 --> 00:13:17,400 Speaker 3: picking off for me. I think I maybe like had 284 00:13:17,400 --> 00:13:20,320 Speaker 3: done a giveaway or something. Yeah, and just with learning 285 00:13:20,320 --> 00:13:22,839 Speaker 3: how to post photos and in the right lighting and 286 00:13:23,200 --> 00:13:25,920 Speaker 3: also changing the style of nails that I did to 287 00:13:26,040 --> 00:13:30,040 Speaker 3: suit like the social dynamic as well. Yeah, so doing 288 00:13:30,080 --> 00:13:32,920 Speaker 3: more like you know, sets it now so that other 289 00:13:32,960 --> 00:13:35,480 Speaker 3: clients would want rather than maybe what I would like. 290 00:13:35,640 --> 00:13:38,520 Speaker 2: Yeah, totally, which I think is so smart because you're 291 00:13:38,559 --> 00:13:41,200 Speaker 2: then playing to getting more clients and like, it's so 292 00:13:41,440 --> 00:13:43,760 Speaker 2: much more than just being like, hey, I do nails 293 00:13:43,760 --> 00:13:45,839 Speaker 2: and then people just come to your house. Like that's 294 00:13:45,880 --> 00:13:49,439 Speaker 2: not how it works. Yes, So it's a balancing act 295 00:13:50,280 --> 00:13:53,280 Speaker 2: you mentioned before, you know, I was doing like forty 296 00:13:53,320 --> 00:13:55,520 Speaker 2: dollars nail sets. Now I'm making way more than I 297 00:13:55,640 --> 00:13:57,640 Speaker 2: used to, So let's jump into the next question because 298 00:13:57,640 --> 00:14:00,000 Speaker 2: I want to know, like, obviously you're a nail technical, 299 00:14:00,280 --> 00:14:02,560 Speaker 2: but how much money do you actually make? Give us 300 00:14:02,600 --> 00:14:03,720 Speaker 2: the juicy goss. 301 00:14:03,960 --> 00:14:07,600 Speaker 3: So on a good year, it's just under seventy five. 302 00:14:07,480 --> 00:14:10,280 Speaker 2: Thousand, okay, smart, because she doesn't want to pay GST. 303 00:14:10,559 --> 00:14:12,480 Speaker 3: I don't have a desire to be you know, that 304 00:14:12,559 --> 00:14:14,600 Speaker 3: next tax bracket, so I try to keep it under 305 00:14:14,600 --> 00:14:18,760 Speaker 3: seventy five K. I do offer like education and courses 306 00:14:18,800 --> 00:14:20,840 Speaker 3: as well, which adds in like a nice big chunk 307 00:14:20,880 --> 00:14:24,760 Speaker 3: of income as well, so that's good. I can also change, like, 308 00:14:24,840 --> 00:14:27,000 Speaker 3: you know, not just always working all week. I can 309 00:14:27,080 --> 00:14:28,960 Speaker 3: do like a weekend course which could make up for 310 00:14:29,000 --> 00:14:31,440 Speaker 3: a four week of income, which is really really fun. 311 00:14:31,720 --> 00:14:35,200 Speaker 3: Yeah cool, So a good year, I like to keep 312 00:14:35,240 --> 00:14:37,040 Speaker 3: it under seventy five K. I've done a little bit 313 00:14:37,080 --> 00:14:39,760 Speaker 3: of moving around. We've moved up north now we're back 314 00:14:39,800 --> 00:14:43,800 Speaker 3: in Frizzy, so I'd say at the moment it's probably 315 00:14:44,160 --> 00:14:47,920 Speaker 3: you know, sixty thousand ish, which this year I'm hoping 316 00:14:47,960 --> 00:14:50,280 Speaker 3: to get it back to seventy five k mark now 317 00:14:50,320 --> 00:14:53,440 Speaker 3: that I'm back in Brisbane with all my regulars. 318 00:14:53,520 --> 00:14:55,680 Speaker 2: Yep. And what does your I guess week to week 319 00:14:55,720 --> 00:14:58,800 Speaker 2: look like how many hours does that take you to achieve? 320 00:14:59,360 --> 00:15:02,600 Speaker 3: So it's actually pretty flexible. So I don't start clients 321 00:15:02,680 --> 00:15:03,280 Speaker 3: until ten. 322 00:15:03,160 --> 00:15:05,440 Speaker 2: Am, fairness yea, I know. 323 00:15:05,680 --> 00:15:07,680 Speaker 3: Yeah, Well I'm not a morning person, so I don't 324 00:15:07,680 --> 00:15:10,760 Speaker 3: commit to like nine am appointments before then. 325 00:15:11,000 --> 00:15:13,280 Speaker 2: A bit like me, Like if my clients saw me 326 00:15:13,400 --> 00:15:15,200 Speaker 2: before nine am, they'd be like, we do not want 327 00:15:15,240 --> 00:15:16,160 Speaker 2: to work with Victoria. 328 00:15:16,800 --> 00:15:19,000 Speaker 3: Yeah, and like I've got the kids, Like my partner 329 00:15:19,000 --> 00:15:21,000 Speaker 3: goes to work early in the morning, he's out of 330 00:15:21,040 --> 00:15:23,840 Speaker 3: the house at five. And you know, my daughter, she's 331 00:15:23,880 --> 00:15:25,480 Speaker 3: like me, she doesn't do a morning she sleeps in. 332 00:15:25,600 --> 00:15:27,560 Speaker 3: So it's just a smart tactic for me to start 333 00:15:27,600 --> 00:15:30,240 Speaker 3: at ten am. Yeah, and then I need to be 334 00:15:30,280 --> 00:15:33,960 Speaker 3: finished before you know, four ish five ish latest should 335 00:15:33,960 --> 00:15:35,560 Speaker 3: like do pick up the kids and do dinner and 336 00:15:35,600 --> 00:15:38,200 Speaker 3: all that stuff. So it's pretty flexible. At the moment, 337 00:15:38,200 --> 00:15:41,520 Speaker 3: I'm only doing it three days a week, which is Thursday, Friday, Saturday. 338 00:15:42,000 --> 00:15:44,120 Speaker 3: I'm going to salon to do those and now that 339 00:15:44,200 --> 00:15:46,960 Speaker 3: I'm at our own little space again, I will be 340 00:15:47,000 --> 00:15:49,880 Speaker 3: offering more days from home, which all up that income 341 00:15:49,920 --> 00:15:50,360 Speaker 3: as well. 342 00:15:50,520 --> 00:15:54,400 Speaker 2: Oh how good. That's so nice that you can kind 343 00:15:54,440 --> 00:15:57,040 Speaker 2: of like scale it up and back, depending on what 344 00:15:57,120 --> 00:15:57,760 Speaker 2: you want to do. 345 00:15:58,000 --> 00:16:01,520 Speaker 3: Yeah, I love this definitely. I think the beauty industry 346 00:16:01,560 --> 00:16:05,320 Speaker 3: in general, no matter if you do nails, lashes, brows, 347 00:16:05,680 --> 00:16:07,800 Speaker 3: you know, cosmetic t he doing, it's so flexible, like 348 00:16:07,840 --> 00:16:10,600 Speaker 3: your clients will work around you. And that's why I 349 00:16:10,600 --> 00:16:13,040 Speaker 3: wanted to jump on to show moms that you can 350 00:16:13,160 --> 00:16:15,480 Speaker 3: do flexible work and it can be fun and you 351 00:16:15,560 --> 00:16:18,000 Speaker 3: don't have to be in the ground of an. 352 00:16:17,960 --> 00:16:21,760 Speaker 2: Office, and you're earning a very good income from that. Like, 353 00:16:22,000 --> 00:16:23,800 Speaker 2: that's why I was like, cont you earn And then 354 00:16:23,800 --> 00:16:25,920 Speaker 2: that's why I wanted to ask about the hours, because 355 00:16:25,920 --> 00:16:28,440 Speaker 2: I think automatically a lot of people would have been like, oh, 356 00:16:28,520 --> 00:16:30,600 Speaker 2: like her kids must be in daycare five days a 357 00:16:30,600 --> 00:16:33,640 Speaker 2: week and she must be yeah, you know, hustling for that. No, 358 00:16:33,880 --> 00:16:36,960 Speaker 2: she's living her best life now. Yeah, I love it, 359 00:16:37,120 --> 00:16:39,080 Speaker 2: and you obviously love what you do because I can 360 00:16:39,080 --> 00:16:41,000 Speaker 2: see how happy you are when you're talking about it 361 00:16:41,000 --> 00:16:42,800 Speaker 2: as well, which makes me so happy. 362 00:16:43,080 --> 00:16:45,000 Speaker 3: Yeah. Well, that's why I say to my clients all 363 00:16:45,000 --> 00:16:47,640 Speaker 3: the time, it doesn't feel like I'm at work, because 364 00:16:47,640 --> 00:16:49,200 Speaker 3: you know, some clients will come in and they will 365 00:16:49,200 --> 00:16:50,600 Speaker 3: want something crazy on then now and to be like 366 00:16:50,600 --> 00:16:52,000 Speaker 3: I'm sorry, sorry it's taking so long, and say it 367 00:16:52,040 --> 00:16:53,840 Speaker 3: doesn't feel like I'm at work, Like it feels like 368 00:16:53,840 --> 00:16:55,440 Speaker 3: I'm just doing a hobby. 369 00:16:55,560 --> 00:16:58,720 Speaker 2: I'm having fun doing this. It's different. Yeah, And I 370 00:16:58,760 --> 00:17:01,760 Speaker 2: feel like when I seeing my nail tech, Amy, if 371 00:17:01,800 --> 00:17:03,440 Speaker 2: you're listening to this, I still love you. I just 372 00:17:03,480 --> 00:17:06,280 Speaker 2: have no time. I've always felt like it was going 373 00:17:06,280 --> 00:17:08,040 Speaker 2: to a friend's house, like it would be like a 374 00:17:08,080 --> 00:17:09,920 Speaker 2: little bit of a like go to a friend's house, 375 00:17:10,000 --> 00:17:12,600 Speaker 2: like have a gossip session, like have a good chat, 376 00:17:12,680 --> 00:17:14,479 Speaker 2: and then my nails would be done and I'd be like, oh, 377 00:17:14,520 --> 00:17:16,000 Speaker 2: I have to go home now. Oh okay. 378 00:17:16,960 --> 00:17:18,800 Speaker 3: I feel like what you say at the now table 379 00:17:18,840 --> 00:17:19,520 Speaker 3: it never leaves. 380 00:17:19,600 --> 00:17:21,040 Speaker 2: Oh you're a therapist as well. 381 00:17:21,840 --> 00:17:24,280 Speaker 3: Yeah, you have that connection between your now tech and 382 00:17:24,400 --> 00:17:27,159 Speaker 3: like me with my clients, that we can say whenever 383 00:17:27,200 --> 00:17:29,280 Speaker 3: we want and it's fine and it's such a safe, 384 00:17:29,480 --> 00:17:30,400 Speaker 3: happy space. 385 00:17:30,800 --> 00:17:32,760 Speaker 2: I adore it. It's great and I love that you 386 00:17:32,800 --> 00:17:34,760 Speaker 2: get to do that every day. Tell me about your 387 00:17:34,760 --> 00:17:37,840 Speaker 2: big money goals. Obviously you've gone from being a broke 388 00:17:37,920 --> 00:17:41,000 Speaker 2: mom at eighteen living on Centralink to I guess living 389 00:17:41,000 --> 00:17:43,040 Speaker 2: your best life. But what are your big money goals? 390 00:17:43,080 --> 00:17:44,440 Speaker 2: What are you currently working towards. 391 00:17:44,560 --> 00:17:47,480 Speaker 3: So at the moment, we're kind of starting fresh. We've 392 00:17:48,040 --> 00:17:51,200 Speaker 3: used up most of our savings on renovating our property, 393 00:17:51,760 --> 00:17:55,399 Speaker 3: and at the moment we're covering both rent and mortgage 394 00:17:55,440 --> 00:17:58,119 Speaker 3: just while our house is getting rented out, which will 395 00:17:58,160 --> 00:18:01,000 Speaker 3: be in mid February. Yea, So we're kind of starting 396 00:18:01,000 --> 00:18:02,840 Speaker 3: fresh with our savings. So we've been able to set 397 00:18:02,840 --> 00:18:06,000 Speaker 3: ourselves a bit of a clean slate and be like, right, well, 398 00:18:06,000 --> 00:18:07,679 Speaker 3: this is what we want to achieve. We know what 399 00:18:07,760 --> 00:18:09,960 Speaker 3: we can do now, we know the things that we 400 00:18:10,000 --> 00:18:12,600 Speaker 3: can accomplish. So this year we just want to keep 401 00:18:12,720 --> 00:18:16,600 Speaker 3: saving to go towards a second property. We're hoping obviously 402 00:18:16,600 --> 00:18:18,200 Speaker 3: we can use a bit of equity so we won't 403 00:18:18,280 --> 00:18:21,280 Speaker 3: take up a lot of our money. It's hard to 404 00:18:21,320 --> 00:18:24,080 Speaker 3: say that we have money goals for this year because 405 00:18:24,119 --> 00:18:27,080 Speaker 3: we've worked so hard for like a long time, and 406 00:18:27,119 --> 00:18:29,240 Speaker 3: we've achieved our big yourself, which is buying a property 407 00:18:29,440 --> 00:18:32,159 Speaker 3: last year. So at twenty four, buying our first property. 408 00:18:31,960 --> 00:18:35,000 Speaker 2: Twenty four is baby, You're buying property at twenty four, 409 00:18:35,040 --> 00:18:35,760 Speaker 2: What the heck? 410 00:18:36,000 --> 00:18:38,119 Speaker 3: Yeah, So this year we kind of said, look, we 411 00:18:38,160 --> 00:18:40,320 Speaker 3: actually just want to chill out a little bit. We're 412 00:18:40,320 --> 00:18:43,560 Speaker 3: not setting too many massive goals. We just want to 413 00:18:43,640 --> 00:18:46,359 Speaker 3: keep chipping away at the savings, just popping a little 414 00:18:46,359 --> 00:18:48,800 Speaker 3: bit away each week. We would like to go on 415 00:18:48,800 --> 00:18:51,879 Speaker 3: a little holiday at the end of the year, just nowhere, fancy, 416 00:18:52,000 --> 00:18:54,480 Speaker 3: just somewhere still in Australia, maybe even just tazzy. Yeah, 417 00:18:54,520 --> 00:18:55,880 Speaker 3: so keeping money aside for that. 418 00:18:56,040 --> 00:18:58,800 Speaker 2: But yeah, oh I love that. And as much as 419 00:18:58,840 --> 00:19:00,840 Speaker 2: you say I don't have any big money goals per 420 00:19:00,880 --> 00:19:05,359 Speaker 2: se Victoria, I feel like you've obviously thought about finances though, 421 00:19:05,440 --> 00:19:07,600 Speaker 2: because you've said to me before you were like, yep, 422 00:19:07,680 --> 00:19:09,679 Speaker 2: last year I did about sixty grand. I'd love to 423 00:19:09,680 --> 00:19:12,400 Speaker 2: do seventy five. So it's not like you're not thinking 424 00:19:12,400 --> 00:19:14,840 Speaker 2: and talking about money. You've just taken the pressure off 425 00:19:14,920 --> 00:19:18,320 Speaker 2: this year, which I think can be honestly so relieving. 426 00:19:18,520 --> 00:19:21,280 Speaker 2: Like sometimes we just have big money goal after big 427 00:19:21,280 --> 00:19:23,520 Speaker 2: money goal and it feels stressful and overwhelming and we 428 00:19:23,560 --> 00:19:25,640 Speaker 2: don't get to enjoy the journey. So I low key 429 00:19:25,680 --> 00:19:28,520 Speaker 2: love that. Let's go to a really quick break because 430 00:19:28,520 --> 00:19:30,480 Speaker 2: on the flip side, I want to know more about 431 00:19:30,480 --> 00:19:32,480 Speaker 2: this house that you bought, the debt that's on it, 432 00:19:32,560 --> 00:19:35,720 Speaker 2: any investments, and your good and bad money habits, guys 433 00:19:35,880 --> 00:19:44,359 Speaker 2: don't go anywhere. All right, money Dice, we are back, 434 00:19:44,640 --> 00:19:47,720 Speaker 2: and I feel like you're one of the savvy She's 435 00:19:47,760 --> 00:19:51,360 Speaker 2: on the money community members. So tell me about investments. 436 00:19:51,600 --> 00:19:53,480 Speaker 2: Do you have any? If so, what are they? If 437 00:19:53,480 --> 00:19:55,240 Speaker 2: you're not investing, what's the plan? 438 00:19:55,760 --> 00:19:58,040 Speaker 3: So we have our property, which. 439 00:19:57,920 --> 00:20:01,840 Speaker 2: Is an investment property. Now you've moved out, Yeah, so our. 440 00:20:01,800 --> 00:20:04,400 Speaker 3: Rent is going to be covering the mortgage. We will 441 00:20:04,440 --> 00:20:07,280 Speaker 3: be chucking a little bit of money into that each week, 442 00:20:07,440 --> 00:20:09,600 Speaker 3: just to have a little bit of a buffer there 443 00:20:09,600 --> 00:20:13,040 Speaker 3: on the mortgage. That's kind of our biggest investment. I 444 00:20:13,080 --> 00:20:15,160 Speaker 3: do have a little bit in chairs eas since I've 445 00:20:15,160 --> 00:20:16,520 Speaker 3: been listening to the podcasts. 446 00:20:16,560 --> 00:20:17,760 Speaker 2: Ah very cool. 447 00:20:18,840 --> 00:20:21,399 Speaker 3: Yeah, So I've just been doing the roundups on that. 448 00:20:21,440 --> 00:20:23,760 Speaker 3: I haven't actually been popping money into it. It's just 449 00:20:23,760 --> 00:20:26,280 Speaker 3: been rounding up. I've done the dollar and then also 450 00:20:26,560 --> 00:20:27,440 Speaker 3: the other little. 451 00:20:27,240 --> 00:20:30,439 Speaker 2: Bit is that adding up? Yes, it is actually well, 452 00:20:30,600 --> 00:20:31,600 Speaker 2: very nice fairness. 453 00:20:31,680 --> 00:20:34,560 Speaker 3: I've only been doing it since like end of last year, 454 00:20:34,560 --> 00:20:36,720 Speaker 3: and it's nearly about it's only got about two hundred 455 00:20:36,760 --> 00:20:38,000 Speaker 3: bucks in there, but it's getting there. 456 00:20:38,119 --> 00:20:40,800 Speaker 2: That's two hundred bucks. You didn't think you'd have invested though, Hey, 457 00:20:41,200 --> 00:20:41,960 Speaker 2: I know, well. 458 00:20:42,040 --> 00:20:44,199 Speaker 3: You know, I've tried kombake, and I've tried all like 459 00:20:44,240 --> 00:20:47,439 Speaker 3: those other big stock ones and I just can't understand it. 460 00:20:47,480 --> 00:20:50,280 Speaker 3: But I can really understand the chairs eas which is awesome. 461 00:20:50,359 --> 00:20:53,200 Speaker 2: Oh, I'm so so glad. Well, that's exciting. Two hundred 462 00:20:53,200 --> 00:20:55,360 Speaker 2: dollars now. Can't wait to see what it's at at 463 00:20:55,359 --> 00:20:57,040 Speaker 2: the end of the year or even in a couple 464 00:20:57,080 --> 00:21:00,399 Speaker 2: of years. That's going to compound. Yeah, do you have 465 00:21:00,480 --> 00:21:03,560 Speaker 2: any other investments or are their plans for other investments? 466 00:21:03,800 --> 00:21:07,399 Speaker 3: Well, no other investments at this stage. We are hoping 467 00:21:07,440 --> 00:21:10,119 Speaker 3: to buy a second property next year. We don't want 468 00:21:10,160 --> 00:21:12,800 Speaker 3: to be in a rental forever, so we hope to 469 00:21:12,800 --> 00:21:15,600 Speaker 3: buy a second property next year. But no, at this stage, 470 00:21:15,720 --> 00:21:17,320 Speaker 3: that's all we have in investments. 471 00:21:17,600 --> 00:21:19,919 Speaker 2: Very cool. Tell me about debt. I want to know 472 00:21:19,960 --> 00:21:22,800 Speaker 2: about this mortgage. I need to know the dirty details. 473 00:21:22,840 --> 00:21:25,040 Speaker 2: How did a twenty four year old get into her 474 00:21:25,080 --> 00:21:25,800 Speaker 2: first property. 475 00:21:25,920 --> 00:21:28,919 Speaker 3: It's a bit of a rollercoaster. We decided we couldn't 476 00:21:28,920 --> 00:21:32,120 Speaker 3: buy into the Brisbane market. It's just too expensive. It 477 00:21:32,160 --> 00:21:35,080 Speaker 3: wasn't in reach for us, and we weren't going to 478 00:21:35,119 --> 00:21:38,000 Speaker 3: break ourselves just again into the market here, which I 479 00:21:38,080 --> 00:21:40,320 Speaker 3: don't think is a smart move as a young person. 480 00:21:40,359 --> 00:21:42,560 Speaker 3: You're kind of just getting yourself into a massive amount 481 00:21:42,560 --> 00:21:45,280 Speaker 3: of debt unless you pick up an amazing cheap property, 482 00:21:45,280 --> 00:21:48,760 Speaker 3: which often comes with the downside. So we started looking 483 00:21:48,960 --> 00:21:51,640 Speaker 3: up north. I'm from a little town up north. It's 484 00:21:51,640 --> 00:21:54,679 Speaker 3: not so little, but it's four hours from Brisbane, and 485 00:21:54,760 --> 00:21:57,359 Speaker 3: I thought, if you know, we're going to buy somewhere, 486 00:21:57,400 --> 00:21:59,240 Speaker 3: I want to be comfortable with it and I want 487 00:21:59,240 --> 00:22:01,920 Speaker 3: to be knowledge of the area. So yeah, we bought 488 00:22:02,560 --> 00:22:04,880 Speaker 3: up north a little bit. I have family there, which 489 00:22:04,920 --> 00:22:09,320 Speaker 3: was perfect. We bought our house for three hundred and 490 00:22:09,400 --> 00:22:14,000 Speaker 3: fifteen thousand. It's eight hundred square meter block. Oh my gosh, 491 00:22:14,320 --> 00:22:17,399 Speaker 3: two bedroom. It has like a nice little sunroom, landroom, kitchen, 492 00:22:17,440 --> 00:22:19,800 Speaker 3: and then it has a massive granny flat, which was 493 00:22:19,960 --> 00:22:20,960 Speaker 3: our big win. 494 00:22:21,200 --> 00:22:22,320 Speaker 2: Oh money win. 495 00:22:22,880 --> 00:22:26,159 Speaker 3: Yeah. So when we went and had a look, I 496 00:22:26,200 --> 00:22:29,320 Speaker 3: think we were in a bit of luck because all 497 00:22:29,359 --> 00:22:32,680 Speaker 3: the photos online they were really bad, like they looked 498 00:22:32,720 --> 00:22:35,640 Speaker 3: really terrible and it just looked like no one would 499 00:22:35,880 --> 00:22:37,520 Speaker 3: want to kind of live there. But we saw the 500 00:22:37,560 --> 00:22:40,080 Speaker 3: big win in the granny flat. It wasn't like super 501 00:22:40,160 --> 00:22:42,160 Speaker 3: rand new it had been lived in, but it had 502 00:22:42,200 --> 00:22:45,280 Speaker 3: a big kitchen, big bathroom, two bedroom. 503 00:22:44,880 --> 00:22:48,200 Speaker 2: In the granny flat. Yeah, what the heck in Yeah, 504 00:22:48,280 --> 00:22:49,920 Speaker 2: it's like a little two for one deal. 505 00:22:50,880 --> 00:22:54,520 Speaker 3: And the best part was the granny flat isn't actually 506 00:22:54,760 --> 00:22:57,159 Speaker 3: certified as a granny flat. It was certified as a 507 00:22:57,160 --> 00:22:59,600 Speaker 3: games room. So we just have to pay like a 508 00:22:59,640 --> 00:23:02,240 Speaker 3: few thousand I think it is to get it certified 509 00:23:02,359 --> 00:23:05,040 Speaker 3: and then it will add value onto the house, which 510 00:23:05,080 --> 00:23:06,800 Speaker 3: at the moment it doesn't have that value. 511 00:23:07,000 --> 00:23:08,760 Speaker 2: Oh how good. 512 00:23:08,920 --> 00:23:11,760 Speaker 3: So we bought it for a lot less than what 513 00:23:11,840 --> 00:23:14,399 Speaker 3: it will be worth when we get it certified. 514 00:23:14,640 --> 00:23:16,840 Speaker 2: You guys are geniuses, so tell me more. 515 00:23:17,040 --> 00:23:19,800 Speaker 3: We moved in and we immediately got to renovating. We 516 00:23:20,520 --> 00:23:22,879 Speaker 3: ripped up all the carpet, we went back to hardwood floor, 517 00:23:22,920 --> 00:23:25,639 Speaker 3: we did all the painting. It wasn't a fence property, 518 00:23:25,640 --> 00:23:28,639 Speaker 3: which obviously a downside, so we fenced the property and 519 00:23:28,680 --> 00:23:29,400 Speaker 3: that's expensive. 520 00:23:29,520 --> 00:23:31,679 Speaker 2: I've just learnt how expensive fencing is. 521 00:23:32,000 --> 00:23:34,359 Speaker 3: Well, we did it all ourselves, so it didn't actually 522 00:23:34,400 --> 00:23:34,720 Speaker 3: cost it. 523 00:23:35,080 --> 00:23:36,280 Speaker 2: Okay, well you're smarter than me. 524 00:23:36,760 --> 00:23:40,040 Speaker 3: Yes, So we got an extra twenty k on our 525 00:23:40,119 --> 00:23:42,959 Speaker 3: loan and we managed to get everything done with that 526 00:23:43,000 --> 00:23:46,879 Speaker 3: twenty k and we renovated the bathroom, We painted exterior interior. 527 00:23:47,560 --> 00:23:49,919 Speaker 3: I think that's kind of what we did. Yeah, so 528 00:23:49,960 --> 00:23:52,040 Speaker 3: we did everything ourselves, so we saved ourselves a lot 529 00:23:52,080 --> 00:23:55,800 Speaker 3: of money. My dad is a handyman, so we got 530 00:23:55,840 --> 00:23:57,920 Speaker 3: off really really well with that, so he was around 531 00:23:57,960 --> 00:24:00,800 Speaker 3: all the time helping us, and then we had it 532 00:24:01,000 --> 00:24:03,800 Speaker 3: reevaluated and it's in about the four twenty k mark 533 00:24:03,880 --> 00:24:04,399 Speaker 3: at the moment. 534 00:24:04,560 --> 00:24:08,520 Speaker 2: No, it's not how good. So tell me about I 535 00:24:08,520 --> 00:24:11,720 Speaker 2: guess a deposit. So how did you get your deposit together? 536 00:24:11,880 --> 00:24:13,240 Speaker 2: What did you spend on it? 537 00:24:13,600 --> 00:24:16,560 Speaker 3: So I actually got really lucky. And that's why I 538 00:24:16,600 --> 00:24:18,200 Speaker 3: kind of always feel like it's kind of a bit 539 00:24:18,240 --> 00:24:21,440 Speaker 3: of a cheat. Like my dad was as a guarantee 540 00:24:21,520 --> 00:24:22,640 Speaker 3: on the property. 541 00:24:22,359 --> 00:24:24,119 Speaker 2: It's not a cheat because you've still got to do 542 00:24:24,160 --> 00:24:25,000 Speaker 2: a lot of work. 543 00:24:25,440 --> 00:24:27,680 Speaker 3: Well, yeah, so we still had kind of enough money 544 00:24:27,720 --> 00:24:29,639 Speaker 3: to do a deposit. We just didn't want to be 545 00:24:29,720 --> 00:24:32,600 Speaker 3: left with nothing. So my yeah dad win as a guarantee, 546 00:24:32,680 --> 00:24:36,200 Speaker 3: which was amazing because his property is nearly paid outright, 547 00:24:36,280 --> 00:24:39,360 Speaker 3: So that just worked out perfect. And yeah, that means 548 00:24:39,400 --> 00:24:42,120 Speaker 3: we saved our money to go on to Reno's and 549 00:24:42,240 --> 00:24:44,160 Speaker 3: all that kind of stuff, and just with a bit 550 00:24:44,160 --> 00:24:46,760 Speaker 3: of a buffer obviously you still have to show the 551 00:24:46,800 --> 00:24:50,520 Speaker 3: income and show the savings. So yeah, we got off 552 00:24:50,560 --> 00:24:54,040 Speaker 3: a bit lucky with that, but I'm glad, Like probably 553 00:24:54,080 --> 00:24:55,800 Speaker 3: without the guarantee, it would have been a lot harder 554 00:24:55,800 --> 00:24:57,720 Speaker 3: to get in or taken us longer to save. 555 00:24:58,040 --> 00:25:00,680 Speaker 2: I love that. I feel like it's genius. Now you've 556 00:25:00,720 --> 00:25:03,639 Speaker 2: gone and gotten all of your I guess ducks in 557 00:25:03,680 --> 00:25:05,880 Speaker 2: a row to rent it out. What are you going 558 00:25:05,920 --> 00:25:07,240 Speaker 2: to be renting the property for? 559 00:25:07,800 --> 00:25:10,640 Speaker 3: So we are hoping to rent it out for four 560 00:25:10,720 --> 00:25:11,880 Speaker 3: ninety five a week? 561 00:25:12,200 --> 00:25:12,280 Speaker 1: What? 562 00:25:12,960 --> 00:25:15,119 Speaker 3: Yeah, it's pretty good. We do have to change our 563 00:25:15,200 --> 00:25:18,560 Speaker 3: loan type. I messed up with our mortgage. It started 564 00:25:18,600 --> 00:25:21,240 Speaker 3: as an investment property and then we change it to 565 00:25:21,240 --> 00:25:23,919 Speaker 3: own occupied because we were like not super sure on 566 00:25:24,040 --> 00:25:25,919 Speaker 3: moving out or renting it out or that. So we 567 00:25:26,040 --> 00:25:28,120 Speaker 3: changed it to own occupied because the other interest rate 568 00:25:28,160 --> 00:25:31,000 Speaker 3: was cheaper, and then we locked it in at that 569 00:25:31,040 --> 00:25:33,119 Speaker 3: interest rate. So now we have to change all that around, 570 00:25:33,160 --> 00:25:35,840 Speaker 3: which will bump ust back up a bit, so the 571 00:25:36,160 --> 00:25:40,160 Speaker 3: rent will be covering majority of the mortgage. So our 572 00:25:40,200 --> 00:25:43,280 Speaker 3: mortgage will be I think it's like five ten after 573 00:25:43,320 --> 00:25:45,080 Speaker 3: we do the interest rate change and all that loan 574 00:25:45,119 --> 00:25:47,440 Speaker 3: type change. So yeah, we won't be able to pocket 575 00:25:47,440 --> 00:25:47,760 Speaker 3: a lot. 576 00:25:47,920 --> 00:25:50,439 Speaker 2: That's not the point. You have a very nice amount 577 00:25:50,520 --> 00:25:54,760 Speaker 2: of equity already. You're sitting in a very flushed position. 578 00:25:54,840 --> 00:25:57,560 Speaker 2: With four ninety five a week coming in, that rental 579 00:25:57,640 --> 00:26:00,840 Speaker 2: yield would be very attractive. I don't have a rental 580 00:26:00,920 --> 00:26:02,880 Speaker 2: yield calculator in front of me, but if I did, 581 00:26:02,920 --> 00:26:04,920 Speaker 2: I know it would be coming out. Well. The fact 582 00:26:04,920 --> 00:26:07,240 Speaker 2: that you bought it for three hundred and fifteen thousand 583 00:26:07,320 --> 00:26:10,560 Speaker 2: dollars and also eight hundred square meters for three hundred 584 00:26:10,560 --> 00:26:14,080 Speaker 2: and fifty what like as someone who's from inner Melbourne, 585 00:26:14,440 --> 00:26:17,960 Speaker 2: Like even my three hundred and fifty square meter block 586 00:26:18,080 --> 00:26:20,800 Speaker 2: costs more than a million dollars, Like, what the hell? Like, 587 00:26:20,840 --> 00:26:22,640 Speaker 2: you're a winner. I'm the idiot here. 588 00:26:23,560 --> 00:26:28,679 Speaker 3: Yeah, for us, it was not about owning something that 589 00:26:28,720 --> 00:26:30,639 Speaker 3: was expensive. It was just about owning an asset and 590 00:26:30,680 --> 00:26:33,800 Speaker 3: having that relationship with the bank to further better ourselves 591 00:26:34,080 --> 00:26:36,400 Speaker 3: to buying a second property when we decided to come 592 00:26:36,400 --> 00:26:39,200 Speaker 3: back to Brisbane. Obviously it's a lot more expensive here, 593 00:26:39,240 --> 00:26:41,480 Speaker 3: so we kind of figured if we at least had 594 00:26:42,040 --> 00:26:45,960 Speaker 3: somewhat of relationship and had somewhat of a asset, it 595 00:26:45,960 --> 00:26:48,280 Speaker 3: would be easier when we are a little bit older 596 00:26:48,280 --> 00:26:49,160 Speaker 3: because we're still so young. 597 00:26:49,240 --> 00:26:51,600 Speaker 2: Oh you were set. I feel like it's going to 598 00:26:51,680 --> 00:26:54,480 Speaker 2: go from one property to two properties and you're still 599 00:26:54,520 --> 00:26:58,800 Speaker 2: basically children in my eyes. Give it another ten years, 600 00:26:58,840 --> 00:27:01,119 Speaker 2: like you're going to be a little propertymuls like I 601 00:27:01,160 --> 00:27:03,200 Speaker 2: can just see it. You're gonna have your own full 602 00:27:03,280 --> 00:27:05,560 Speaker 2: nail salon. You won't even do nails anymore. You just 603 00:27:05,640 --> 00:27:08,600 Speaker 2: manage everybody else like you are going to take over 604 00:27:08,640 --> 00:27:12,040 Speaker 2: the world. I'm so excited for this, me too, Thank you. 605 00:27:12,400 --> 00:27:14,800 Speaker 2: So tell me what do you think your best money 606 00:27:14,800 --> 00:27:15,440 Speaker 2: habit is. 607 00:27:15,840 --> 00:27:18,680 Speaker 3: I think my best money habit is I'm super frugal. 608 00:27:18,720 --> 00:27:20,760 Speaker 3: I always think about the purchase before I do it. 609 00:27:20,800 --> 00:27:22,520 Speaker 3: I never just go screw it, I've got the money, 610 00:27:22,640 --> 00:27:24,720 Speaker 3: or screw it we need it. I think do we 611 00:27:24,840 --> 00:27:27,439 Speaker 3: actually really need this or can we do without. I 612 00:27:27,440 --> 00:27:29,359 Speaker 3: don't feel like I have to own anything. I just 613 00:27:29,480 --> 00:27:31,640 Speaker 3: go my day and day out with what I've got. 614 00:27:31,680 --> 00:27:34,359 Speaker 3: I make do with everything. So yeah, I'm not like 615 00:27:34,440 --> 00:27:37,959 Speaker 3: a big spender. Honestly, our main spending is on our asset, 616 00:27:38,119 --> 00:27:40,800 Speaker 3: and you know, things that keep us alive, like groceries 617 00:27:40,800 --> 00:27:42,800 Speaker 3: and our bills and all that sort of stuff. So 618 00:27:42,840 --> 00:27:45,280 Speaker 3: we don't have a lot of excess spending that we do. 619 00:27:45,400 --> 00:27:48,960 Speaker 3: So yeah, just from being like super young and super broke, 620 00:27:49,080 --> 00:27:51,719 Speaker 3: I'm super frugal because we haven't always had money, and 621 00:27:52,400 --> 00:27:55,000 Speaker 3: I feel like any money that's incoming, we always have 622 00:27:55,080 --> 00:27:57,679 Speaker 3: to be like, Okay, well where's this going? And you know, 623 00:27:57,720 --> 00:28:00,560 Speaker 3: what are we going to have left over? We pay 624 00:28:00,600 --> 00:28:01,960 Speaker 3: our bills, so what are we going to do with that? 625 00:28:02,160 --> 00:28:04,560 Speaker 3: So yeah, I'm super super frugal. 626 00:28:05,160 --> 00:28:08,480 Speaker 2: But I love that, And obviously I would say that's 627 00:28:08,520 --> 00:28:11,600 Speaker 2: part of your money story, having known where you've come from, 628 00:28:11,680 --> 00:28:14,120 Speaker 2: Like there's always going to be some level of being 629 00:28:14,160 --> 00:28:16,800 Speaker 2: really conservative with your cash because you're like, I don't 630 00:28:16,800 --> 00:28:19,040 Speaker 2: want to go back to that because I'm assuming you 631 00:28:19,119 --> 00:28:20,960 Speaker 2: remember how stressful that was. 632 00:28:21,520 --> 00:28:25,000 Speaker 3: Definitely, Like, you know, the first Christmas with our son, 633 00:28:25,240 --> 00:28:28,120 Speaker 3: we had to go to like a charity place they 634 00:28:28,119 --> 00:28:29,560 Speaker 3: give out Christmas presents. 635 00:28:29,800 --> 00:28:30,440 Speaker 2: That's not bad. 636 00:28:30,600 --> 00:28:32,679 Speaker 3: They give you like a Christmas food hamper and you 637 00:28:32,720 --> 00:28:34,439 Speaker 3: can like pick out a few toys. So we wrapped 638 00:28:34,440 --> 00:28:37,800 Speaker 3: them up and like that was what our first look like. 639 00:28:38,000 --> 00:28:40,320 Speaker 2: But I love that you had access to that, Like 640 00:28:40,400 --> 00:28:42,440 Speaker 2: I'm obsessed that these things exist. 641 00:28:42,600 --> 00:28:44,560 Speaker 3: Oh yeah, it was super super helpful at a time 642 00:28:44,600 --> 00:28:47,520 Speaker 3: of need. So yeah, like our first few years of 643 00:28:47,600 --> 00:28:51,320 Speaker 3: like being young adults, when you're generally out thriving and 644 00:28:51,360 --> 00:28:54,680 Speaker 3: you know, making memories, we were like really struggling and 645 00:28:54,760 --> 00:28:57,520 Speaker 3: pushing through and just making ends meet. So we remember 646 00:28:57,520 --> 00:28:59,480 Speaker 3: what that feels like and we go not again. 647 00:28:59,720 --> 00:29:00,640 Speaker 2: So I love that. 648 00:29:00,760 --> 00:29:03,720 Speaker 3: Yeah, we always super conservative with whatever excess money we 649 00:29:03,800 --> 00:29:05,560 Speaker 3: have because it just doesn't last. 650 00:29:05,840 --> 00:29:08,800 Speaker 2: Yeah, And I think that that's very reflective of your journey, 651 00:29:09,040 --> 00:29:11,560 Speaker 2: but it's also something that will serve you really well. 652 00:29:11,800 --> 00:29:14,480 Speaker 2: Like I feel like sometimes you get out of these 653 00:29:14,520 --> 00:29:17,040 Speaker 2: situations and people bury their head in the sand and 654 00:29:17,120 --> 00:29:20,400 Speaker 2: pretend like that wasn't their circumstance, and then they end 655 00:29:20,480 --> 00:29:24,040 Speaker 2: up spending way beyond their means, which is just the 656 00:29:24,080 --> 00:29:27,440 Speaker 2: worst thing that can happen, right, definitely, So I'm very 657 00:29:27,600 --> 00:29:30,120 Speaker 2: very excited about it. But let's bring it down. What's 658 00:29:30,120 --> 00:29:32,800 Speaker 2: your worst money habit? What have you carried through that's 659 00:29:32,840 --> 00:29:33,840 Speaker 2: not serving you well. 660 00:29:34,400 --> 00:29:36,160 Speaker 3: I always like to think I don't have a bad 661 00:29:36,160 --> 00:29:38,840 Speaker 3: money habit, Like I like to think that I have 662 00:29:38,880 --> 00:29:41,120 Speaker 3: a very positive relationship with money. 663 00:29:41,280 --> 00:29:43,800 Speaker 2: You don't have to come up with one. Then, Honestly, I. 664 00:29:43,760 --> 00:29:45,480 Speaker 3: Don't think I can think of one. Maybe I'm being 665 00:29:45,480 --> 00:29:46,160 Speaker 3: a bit naive. 666 00:29:46,520 --> 00:29:48,040 Speaker 2: No, I don't think you're being naive. 667 00:29:48,040 --> 00:29:50,600 Speaker 3: Oh I do use after paying. That is my one 668 00:29:50,720 --> 00:29:51,640 Speaker 3: bad money habit. 669 00:29:51,920 --> 00:29:55,080 Speaker 2: I can almost guarantee that you're not frivolously purchasing things 670 00:29:55,160 --> 00:29:57,040 Speaker 2: on after pay. Are you using it as a cash 671 00:29:57,040 --> 00:29:57,960 Speaker 2: flow tool, aren't you? 672 00:29:58,560 --> 00:30:01,080 Speaker 3: Well for me, it's kind of like, I have X 673 00:30:01,120 --> 00:30:04,160 Speaker 3: amount of money in my excess spending for this week. 674 00:30:04,200 --> 00:30:05,760 Speaker 3: Am I going to spend it all on this one item? 675 00:30:05,840 --> 00:30:07,400 Speaker 3: Or can I break that up over four weeks? 676 00:30:07,520 --> 00:30:11,320 Speaker 2: Yeah, you're cash flowing things. I love the like I 677 00:30:11,320 --> 00:30:13,360 Speaker 2: have after pay it's really bad. Also, I'm using it 678 00:30:13,400 --> 00:30:15,560 Speaker 2: really smartly to make sure that my budget is always 679 00:30:15,560 --> 00:30:15,960 Speaker 2: in check. 680 00:30:16,480 --> 00:30:18,480 Speaker 3: Because of the job that I have, I don't have 681 00:30:18,560 --> 00:30:21,640 Speaker 3: to wear you know, super conservative clothing. I can just 682 00:30:21,640 --> 00:30:25,640 Speaker 3: wear whatever. So I buy clothes for work slash you know, 683 00:30:25,880 --> 00:30:27,880 Speaker 3: still stuff I can wear out, So say off any 684 00:30:27,880 --> 00:30:29,880 Speaker 3: to buy a few items, I might check it on 685 00:30:29,920 --> 00:30:33,000 Speaker 3: after pay. Or we recently had to buy all new 686 00:30:33,040 --> 00:30:35,840 Speaker 3: fans for the property, so we could obviously get a 687 00:30:35,880 --> 00:30:39,600 Speaker 3: little bit more rental income from it being fully you know, 688 00:30:39,680 --> 00:30:41,800 Speaker 3: decked out with fans. And I popped that one after 689 00:30:41,840 --> 00:30:43,720 Speaker 3: pay because that was a couple of hundred, and I thought, well, 690 00:30:44,160 --> 00:30:46,600 Speaker 3: I can pay that off over four weeks rather than 691 00:30:46,760 --> 00:30:50,560 Speaker 3: taking it out about like saving slash buffer. At the moment, I. 692 00:30:50,480 --> 00:30:52,640 Speaker 2: Think it's smart if someone says, oh, I have after pay, 693 00:30:52,680 --> 00:30:55,320 Speaker 2: I do really want to dive deep into it and go, well, 694 00:30:55,520 --> 00:30:57,240 Speaker 2: how do you use it? What does that look like? 695 00:30:57,520 --> 00:31:01,080 Speaker 2: Because as I've said one million times on the podcast, 696 00:31:01,200 --> 00:31:04,440 Speaker 2: I cannot be trusted with after pay personally, like, I'm 697 00:31:04,520 --> 00:31:06,960 Speaker 2: so tap happy you tell me that I can have 698 00:31:07,040 --> 00:31:11,240 Speaker 2: something cheaper nowt Like I just am an instant gratification girly. 699 00:31:11,440 --> 00:31:14,640 Speaker 2: And while I'm not super proud of that, I think 700 00:31:14,640 --> 00:31:18,360 Speaker 2: it's important to acknowledge because it really helps me understand 701 00:31:18,360 --> 00:31:20,959 Speaker 2: where I'm from. But also sharing it, people are like, oh, 702 00:31:21,000 --> 00:31:24,160 Speaker 2: actually be that's me too. But then we meet people 703 00:31:24,200 --> 00:31:25,880 Speaker 2: like you who you're like, oh, I actually had to 704 00:31:25,920 --> 00:31:28,640 Speaker 2: buy this thing for my renovated property, and like I 705 00:31:28,680 --> 00:31:31,480 Speaker 2: did a cost benefit analysis and I'd much prefer to 706 00:31:31,520 --> 00:31:34,360 Speaker 2: cash flow it over a few weeks, like genius, Like 707 00:31:34,560 --> 00:31:37,960 Speaker 2: so smart, and I think it keeps you really, I 708 00:31:38,000 --> 00:31:40,800 Speaker 2: guess centered on what's important if you're so across it. 709 00:31:40,880 --> 00:31:42,920 Speaker 2: So I don't think that's a bad money habit, Like 710 00:31:43,000 --> 00:31:44,480 Speaker 2: I know you think it might be, but like I'm 711 00:31:44,520 --> 00:31:46,160 Speaker 2: not warranting that one, so we're just going to go 712 00:31:46,200 --> 00:31:48,320 Speaker 2: with you don't have that many bad money habits. 713 00:31:48,480 --> 00:31:48,720 Speaker 3: Great. 714 00:31:49,120 --> 00:31:51,840 Speaker 2: Last question I've got for you, my love, is at 715 00:31:51,840 --> 00:31:53,840 Speaker 2: the start of this show, you said, I'm a bee, 716 00:31:54,200 --> 00:31:57,200 Speaker 2: what would it take to get to an A plus. 717 00:31:57,800 --> 00:32:01,800 Speaker 3: I don't think I'm quite an A yet because like 718 00:32:01,880 --> 00:32:04,440 Speaker 3: we have a lot of outgoings as well, so we 719 00:32:04,480 --> 00:32:06,960 Speaker 3: don't have a massive cash flow. But I think my 720 00:32:07,080 --> 00:32:10,320 Speaker 3: relationship with money is, you know, quite on par with 721 00:32:10,360 --> 00:32:10,600 Speaker 3: an A. 722 00:32:11,120 --> 00:32:13,239 Speaker 2: I feel like I've learned so much and I'm like, 723 00:32:13,360 --> 00:32:17,280 Speaker 2: this is not a bee, This incredible human being is 724 00:32:17,360 --> 00:32:20,680 Speaker 2: killing it. Like you are twenty five. Now, you have 725 00:32:20,760 --> 00:32:24,040 Speaker 2: a property, You're really smart about the property, You've strategized it, 726 00:32:24,040 --> 00:32:26,080 Speaker 2: you're renting it out, you're living in a rental. There's 727 00:32:26,080 --> 00:32:28,280 Speaker 2: a planned by another one. You've got two little human 728 00:32:28,320 --> 00:32:30,880 Speaker 2: beings that are entirely dependent on you, and you're still 729 00:32:30,880 --> 00:32:33,640 Speaker 2: setting up your business and hustling from home. Like, I 730 00:32:33,680 --> 00:32:35,200 Speaker 2: don't know if I agree with a bee, but I 731 00:32:35,240 --> 00:32:37,080 Speaker 2: don't really want to have the fight today. And you 732 00:32:37,120 --> 00:32:39,120 Speaker 2: and I both know it's probably a little bit higher, 733 00:32:39,160 --> 00:32:40,800 Speaker 2: so give yourself a little bit of credit. 734 00:32:41,120 --> 00:32:41,880 Speaker 3: Oh thank you. 735 00:32:42,120 --> 00:32:43,720 Speaker 2: I'm so glad I got to have a chat with 736 00:32:43,760 --> 00:32:45,880 Speaker 2: you and learn about your story and your journey and 737 00:32:46,160 --> 00:32:48,080 Speaker 2: where you've come from what we are going. But also 738 00:32:48,160 --> 00:32:50,760 Speaker 2: you can just see from this story there's so far 739 00:32:50,800 --> 00:32:54,200 Speaker 2: to go, Like not in terms of having to change, 740 00:32:54,240 --> 00:32:56,200 Speaker 2: but just there's going to be so many great life 741 00:32:56,240 --> 00:32:59,440 Speaker 2: achievements that I know you'll achieve with the mindset that 742 00:32:59,520 --> 00:33:03,240 Speaker 2: you have, Like it's so exciting. So congratulations, thank you, 743 00:33:03,560 --> 00:33:06,440 Speaker 2: and also thank you for sharing it with the community. 744 00:33:06,480 --> 00:33:08,320 Speaker 2: I feel like you're going to inspire so many other 745 00:33:08,360 --> 00:33:10,320 Speaker 2: young mums to go, wait, she can do that. I 746 00:33:10,320 --> 00:33:11,960 Speaker 2: can do that, I really hope. 747 00:33:12,000 --> 00:33:14,600 Speaker 3: So I feel like it takes like maybe one or 748 00:33:14,600 --> 00:33:16,880 Speaker 3: two years to change your life around, and it's really 749 00:33:16,880 --> 00:33:20,080 Speaker 3: within reach. And you know, coming from a position where 750 00:33:20,480 --> 00:33:23,160 Speaker 3: I would say our money habits were like a D minus, 751 00:33:23,200 --> 00:33:26,360 Speaker 3: Like we were really really bad, and we just switched 752 00:33:26,360 --> 00:33:29,440 Speaker 3: our mindset to well, what is in reach and how 753 00:33:29,440 --> 00:33:31,880 Speaker 3: can we kind of change ourselves and be better? So 754 00:33:31,920 --> 00:33:34,760 Speaker 3: a whole different life is just within reach. 755 00:33:35,280 --> 00:33:39,080 Speaker 2: I love it. I'm obsessed. This is literally why Money 756 00:33:39,120 --> 00:33:41,760 Speaker 2: Daries are my favorite episode of the week and my 757 00:33:41,840 --> 00:33:44,000 Speaker 2: favorite thing to get to record, like hanging out with 758 00:33:44,040 --> 00:33:48,040 Speaker 2: you has made my day incredible, So thank you for that. Unfortunately, 759 00:33:48,120 --> 00:33:51,200 Speaker 2: that is all we have time for today, so again, 760 00:33:51,240 --> 00:33:53,000 Speaker 2: thank you so much for sharing with the community. I 761 00:33:53,040 --> 00:33:54,480 Speaker 2: just know that they're going to be as obsessed with 762 00:33:54,520 --> 00:33:55,760 Speaker 2: you as I am with you. 763 00:33:56,560 --> 00:33:58,840 Speaker 3: Thank you for having me. I love listening to the 764 00:33:58,920 --> 00:34:01,120 Speaker 3: podcast and all the other money diary, so I thought, 765 00:34:01,120 --> 00:34:02,560 Speaker 3: you know what, I'm just going to jump on and 766 00:34:02,560 --> 00:34:04,719 Speaker 3: I'm just going to give it a go and just 767 00:34:05,200 --> 00:34:08,319 Speaker 3: tell my story and tell other women and men and 768 00:34:08,400 --> 00:34:11,080 Speaker 3: anyone that you can change your life and you can 769 00:34:11,160 --> 00:34:13,359 Speaker 3: be in a better position without having to go through 770 00:34:13,800 --> 00:34:16,439 Speaker 3: thousands of dollars in study and all the rest. 771 00:34:16,800 --> 00:34:20,080 Speaker 2: No queen behavior. I love it. Thank you anyway, have 772 00:34:20,239 --> 00:34:22,560 Speaker 2: the best day, and I hope our paths cross soon. 773 00:34:22,760 --> 00:34:23,640 Speaker 3: Thank you very much. 774 00:34:29,960 --> 00:34:32,480 Speaker 2: The advice shared on She's on the Money is general 775 00:34:32,560 --> 00:34:36,400 Speaker 2: in nature and does not consider your individual circumstances. She's 776 00:34:36,440 --> 00:34:39,920 Speaker 2: on the Money exists purely for educational purposes and should 777 00:34:39,920 --> 00:34:43,120 Speaker 2: not be relied upon to make an investment or financial decision. 778 00:34:43,480 --> 00:34:45,960 Speaker 2: If you do choose to buy a financial product, read 779 00:34:45,960 --> 00:34:50,120 Speaker 2: the PDS TMD and obtain appropriate financial advice tailored towards 780 00:34:50,120 --> 00:34:53,440 Speaker 2: your needs. Victoria Divine and She's on the Money are 781 00:34:53,480 --> 00:34:58,480 Speaker 2: authorized representatives of money Shoper Pty Ltd ABN three two 782 00:34:58,520 --> 00:35:01,160 Speaker 2: one is six four nine two two seven seven zero 783 00:35:01,280 --> 00:35:04,040 Speaker 2: eight a f s L four five one two eight 784 00:35:04,120 --> 00:35:06,480 Speaker 2: nine