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. She's on the Money.
Speaker 3: She's on the Money.
Speaker 2: Hello, and welcome to She's on the Money, the podcast
Speaker 2: for millennials who want financial freedom. My friends, today is
Speaker 2: Friday again, which means it is time to get my
Speaker 2: beautiful team together and celebrate you ow incredible. She's on
Speaker 2: the Money community today, missus J Grig is going to
Speaker 2: be sharing her favorite money wins from our community. Beck
Speaker 2: has a few sneaky broke tips. I don't have anything
Speaker 2: to contribute this week. I'm so sorry, Beck, Okay, I
Speaker 2: ran out. There was one and done last week. We'll
Speaker 2: be helping to answer a juicy money dilemma, which this
Speaker 2: week is all about asking your partner to make stubranuation
Speaker 2: contributions while you're on parental leave, which I think is
Speaker 2: real less bussy because I don't know if you guys know,
Speaker 2: but I'm pregnant and I have had this conversation with
Speaker 2: my husband, So it's been interesting seeing both sides of
Speaker 2: the coin. Like, obviously, as a staunch feminist advocate, I
Speaker 2: want everybody to be thinking about their superannuation when they
Speaker 2: take any type of leave from the workplace. But now
Speaker 2: I'm the one also sitting down going, hey, husband, what
Speaker 2: are we doing about this super thing? Because like, I'm
Speaker 2: not going to be happy if I'm behind of all people. Anyway,
Speaker 2: We're also going to be unpacking something that you slid
Speaker 2: into our DMS about which this week, get this, we're
Speaker 2: going to be talking about a potentially deceptive friend and
Speaker 2: a missing sum of cash.
Speaker 4: Spicy ye, so juicy.
Speaker 2: I love it all? Right, guys, how have your weeks
Speaker 2: been before we get into the episode and before we
Speaker 2: get to the juicy stuff.
Speaker 5: I don't know, maybe you have had juicy weeks.
Speaker 4: You go first, Jess.
Speaker 6: Technically we've been to the podcast awards, but because of
Speaker 6: time travel, we haven't been to the podcast yet, so.
Speaker 2: We're going tonight. We're up for a couple of awards,
Speaker 2: which is so exciting actually.
Speaker 6: So nice, Like, obviously, awards don't mean anything.
Speaker 5: I'm sorry, what they mean a lot to my little ego.
Speaker 6: When someone recognizes, I guess, the hard work that you do,
Speaker 6: it's just like so lovely because you know, obviously we
Speaker 6: have had a few awards, and recently we were finalists
Speaker 6: in the Telstra Best of Business Awards, which for me
Speaker 6: was massive and while we didn't take away the win,
Speaker 6: I was just we got the certificate in the mail
Speaker 6: of like Queer a.
Speaker 2: Finalist, and I was just like, this just means we're
Speaker 2: on the right track and we're doing the right things,
Speaker 2: and people like the right people are seeing our content
Speaker 2: and saying the stuff that you're doing is having an
Speaker 2: impact because obviously there's heaps of podcasts around and the
Speaker 2: idea that our podcast actually gets recognized to me is wild. Yeah,
Speaker 2: but also it's just really validating because I think I'm
Speaker 2: doing the right thing. And I'll sit in this room
Speaker 2: and I promise you guys will be like yeahvy, yeah, yeah,
Speaker 2: we're so good at the right thing. But to have
Speaker 2: an external party, go, hey, guys, that's pretty impressive. You
Speaker 2: just go you serious. So whether we win or tonight,
Speaker 2: I kind of don't mind. It's just being in that
Speaker 2: lineup of like, hey, look at all these other podcasts
Speaker 2: that we're up against. Yeah, because like the category we're
Speaker 2: up in, we're up against our friend Glenn James, who
Speaker 2: I adore and I think his podcast will be very
Speaker 2: hard to beat. But then you know who else is
Speaker 2: in the category, Mark Boris. Yeah, I don't know how
Speaker 2: she's on the money when it comes to being a
Speaker 2: good business podcast. She's going to beat Mark Boris. So yeah,
Speaker 2: I'll probably be eating some humble pie later this week.
Speaker 2: But I'm just excited to be, you know, in the
Speaker 2: lineup with the big dogs.
Speaker 4: Yeah, very really very exciting. Yes, technically we have been,
Speaker 4: but I don't know yet if we I feel like
Speaker 4: we had a fun time. Yeah, when we go, we
Speaker 4: have another time, we have a fun time tonight. But yeah,
Speaker 4: the week's been so good. It's just been sure, it's
Speaker 4: been busy. Best friend's birthday on Wednesday?
Speaker 2: Was my birthday? What are you talking about?
Speaker 4: It was your birthday on Wednesday? I think you forgot friend,
Speaker 4: I get it, but no, just real, chill, real, nice,
Speaker 4: well again, busy, busy and good and what are you good?
Speaker 2: I did nothing, it was amazing, spent some time with
Speaker 2: friends and family, took my dog for a lot of walks.
Speaker 5: She was very happy.
Speaker 2: I feel at the moment my favorite thing ever is
Speaker 2: literally doing nothing on my weekends.
Speaker 5: Like it's wild. It's absolutely why.
Speaker 4: I don't recover.
Speaker 6: Yeah, this time of year, there's nothing I like more
Speaker 6: than a quiet weekend.
Speaker 2: Yeah, I've been spending a lot of time, just like
Speaker 2: on TikTok watching Christmas videos. Real question, though, this isn't
Speaker 2: an attack on New Jess, because you love Christmas. You
Speaker 2: adore Christmas, and I know how you manage it, like
Speaker 2: you always like add a few decorations to a pre
Speaker 2: existing stash. But I've seen this year, specifically on TikTok
Speaker 2: and Instagram videos, people being like here's my Christmas hall
Speaker 2: and then they're spending like my entire Christmas gift budget
Speaker 2: or like redecorating their entire house. Whereas I've grown up
Speaker 2: in a house where like the same Christmas decorations have
Speaker 2: been coming out for like the last thirty years, of
Speaker 2: my life is that like we meant to be like
Speaker 2: redecorating an entire tree and having a brand new theme.
Speaker 5: Jess is excluded from me.
Speaker 2: She can answer the question, but she's a Christmas girlie,
Speaker 2: But like does it on a budget. But I feel
Speaker 2: like I am seeing every influencer being like, here's my
Speaker 2: pottery barn hall and I bought two pottery barn pillows
Speaker 2: recently for Christmas because I was upset and I basically
Speaker 2: had to re mortgage my entire house. So like, where
Speaker 2: are these women getting the money for the Christmas decorations?
Speaker 4: Yeah, that's successive.
Speaker 6: Hey, Lots of people are saying that this time of year,
Speaker 6: Christmas Black Friday this year particularly, is feeling really consumer driven,
Speaker 6: like very bye bye bye sales sale, like it started
Speaker 6: earlier than normal, And like, I have no issues with
Speaker 6: that because, as you said, I love Christmas.
Speaker 2: I will celebrate it for three months. I was, I
Speaker 2: don't see this as a personal day. I just want
Speaker 2: to talk about this content.
Speaker 6: No, but I think I don't wonder if it's got
Speaker 6: something to do with the recession and the fact that
Speaker 6: I think company.
Speaker 5: Ellipstick index but it's the Christmas Index.
Speaker 6: Well, yeah, I think companies are probably obviously trying to
Speaker 6: drive sales because consumer spend jobs down and that's their job, correct,
Speaker 6: But I think I mean, for me, I know that
Speaker 6: Christmas is really an emotional holiday, and that's why I
Speaker 6: buy into it so much.
Speaker 2: Is it?
Speaker 6: It has very special memories from me as a child,
Speaker 6: and that's something I want to continue through. And so obviously,
Speaker 6: like you said, I budget for it, Like I plan
Speaker 6: for it, I'm not spending me on but I know
Speaker 6: no one else's.
Speaker 2: Yeah, just as a little wizard. And if she wasn't,
Speaker 2: she wouldn't be on the shes on the money team,
Speaker 2: Like she's the best little budgeter. I can't even Yeah,
Speaker 2: but I just know that everyone on TikTok isn't doing that.
Speaker 2: They're just like racking up their credit cards for so
Speaker 2: much Christmas content.
Speaker 6: Yeah, and like it's easy to be sucked in even
Speaker 6: all the sales, Like I keep having to remind myself
Speaker 6: and I have a few money means on this note,
Speaker 6: like you don't need everything that you see that's on tail,
Speaker 6: like it's if you're still spending money.
Speaker 2: Yeah, I feel like it just needs to be said
Speaker 2: to go you know what that's actually not that normal,
Speaker 2: Like most people just use the Christmas decorations they bought
Speaker 2: the year before, and like I have a themed tree,
Speaker 2: Like it's when I say themed, I mean it's like
Speaker 2: one color palette and every year I like add a
Speaker 2: few Christmas decorations to that or like you know, I
Speaker 2: don't know what are we talking, Jess, maybe like thirty dollars.
Speaker 2: I'll spend on that because like I will always wait until,
Speaker 2: like they have the sales on the Christmas decorations and
Speaker 2: full price Boxing Day, no absolute Boxing Day or even
Speaker 2: the lead up. Yeah, right now during the Black Friday sales.
Speaker 2: My favorite Christmas decorations are like forty to sixty percent off,
Speaker 2: So I'm like, well, I'm gonna pick those up because
Speaker 2: from memory, they don't get cheaper on Boxing Day, they.
Speaker 5: Just have they just have less stocks, so I need
Speaker 5: it right now.
Speaker 2: But I'll show maybe thirty bucks and get six or seven,
Speaker 2: you know, additional decorations.
Speaker 5: And I think that's normal. Yeah do you even have
Speaker 5: to do that?
Speaker 7: No?
Speaker 6: Yeah, normalize using what you have or like being with
Speaker 6: what you have, Like I get it, Like I'm so
Speaker 6: guilty of being sucked into it. Like the social media
Speaker 6: consumerist thing. But this is your little reminder, like what
Speaker 6: you have is perfectly good, and if you want to
Speaker 6: update it, there are so many ways you can di
Speaker 6: wire a little refresh, paint your ball balls if you
Speaker 6: want a different color. Skime's so smart something like that, Like,
Speaker 6: there are lots of little hacks and tricks that you
Speaker 6: can use that you don't have to spend money to
Speaker 6: make it feel new.
Speaker 2: If that's what you are exactly, all right, Well let's
Speaker 2: get into the actual show. I just wanted to rund
Speaker 2: about Christmas because any opportunity to talk about Christmas is
Speaker 2: a good one to take. Miss z Gricci, What have
Speaker 2: you got when it comes to money wins and confessions
Speaker 2: this week?
Speaker 6: Starting off with a small, solid one from Kelsey said
Speaker 6: something small but price matched my giant dog food bag.
Speaker 6: It's usually one hundred and sixty dollars, but I got
Speaker 6: it for one hundred and twenty two. And I also
Speaker 6: had a ten dollar pet stock reward. Thirteen kilos of
Speaker 6: dog food for one hundred and twelve dollars.
Speaker 2: That's so cord.
Speaker 6: I just price matching. Don't forget about price matching, especially
Speaker 6: this time of year, because everything is on sale. Next
Speaker 6: I have a money win from Kieran, who said I
Speaker 6: saved six thousand dollars on top of my one thousand
Speaker 6: dollar emergency fund. I'm planning on selling my car soon
Speaker 6: and I am hoping to make four thousand dollars, so
Speaker 6: I make my goal of saving ten grand.
Speaker 2: To move overseats.
Speaker 6: So far, if it all goes according to plan, I
Speaker 6: have reached my goal two months earlier than I planned.
Speaker 6: Cosh very exciting. Now I've got a money loss from
Speaker 6: Grace who said money loss. I caved to some Black
Speaker 6: Friday deals and Impulse brought some once which have blown
Speaker 6: my budget out a little further than I intended. But
Speaker 6: I'm taking this is my reminder to sit down and
Speaker 6: fine tune my budget and goals to better hold myself accountable.
Speaker 6: And then on the flip side of that, I have
Speaker 6: a win from now who said money win. I'm taking
Speaker 6: advantage of the early Black Friday sales. It's a start
Speaker 6: and finish my Christmas shopping so I can start saving
Speaker 6: towards my red jo.
Speaker 2: I feel like this is the reminder that I also
Speaker 2: need like the Christmas thing I bring up, because I
Speaker 2: kind of started to play into it a little bit.
Speaker 2: I was like, oh yeah, maybe I will do. And Jesse,
Speaker 2: you've already heard this from me. I was like, what
Speaker 2: if I did an entire rainbow Christmas tree, like instead
Speaker 2: of having my normal Christmas tree that I pull out
Speaker 2: every single year because I have a plastic one. Don't
Speaker 2: come for me, don't want to hear it. But I
Speaker 2: said to Jess, oh my gosh, what if I went
Speaker 2: and bought like all rainbow decorations so it could be
Speaker 2: like an ombre from the top. Think about it, red, orange, yellow, green,
Speaker 2: pinker blue, like it would just be a sleigh. And
Speaker 2: Jess was obviously all in because she's Christmas girlie. Like,
Speaker 2: if you want Jess to talk you out of something,
Speaker 2: if you're her friend, it's not going to happen.
Speaker 5: She'll be like, huh, that sounds great, Let's do it.
Speaker 2: Bush. I sat down and was like, hold up, wait,
Speaker 2: what am I going to do with all these decorations
Speaker 2: once Christmas is over? What am I going to do?
Speaker 1: You know?
Speaker 2: At this point and then I was thinking a ways
Speaker 2: to justify it. I was like, what if I videoed it?
Speaker 2: Then it could be like content that I put on
Speaker 2: the internet. Then it's like, you know, it makes sense. Sure, No,
Speaker 2: you don't need the rainbow Christmas tree, so I will
Speaker 2: be having a gold Christmas tree again. Love yeah, lovely.
Speaker 5: I just I can't justify it, guys.
Speaker 6: Yeah, I just feel like Nellie and Grace two flip
Speaker 6: sides of the way to look at it.
Speaker 2: Right.
Speaker 6: Likely you can be sucked in, and you can be
Speaker 6: a little bit disappointed maybe in what you've bought, and
Speaker 6: be a little bit stressed because you've pushed your budget out,
Speaker 6: or you can use it to your advantage. The sales
Speaker 6: aren't inherently bad. We talk a lot about just making
Speaker 6: your list, checking it twice, making the sales work for you.
Speaker 6: So yeah, I feel like it was just really interesting
Speaker 6: that we had two people go kind of either way
Speaker 6: on the same thread.
Speaker 2: I think it's so funny it actually, if you haven't
Speaker 2: seen our Instagram post as well from this week, we
Speaker 2: did five questions to ask yourself before impulse buying on
Speaker 2: Black Friday, and we posted that on Tuesday, So just
Speaker 2: to give you a quick rundown, first question is ask yourself,
Speaker 2: do you really need it? Second? Can I find a
Speaker 2: better deal late? Because like so many times, Black Friday
Speaker 2: deals are so impulsive that you never think you're going
Speaker 2: to get it ever again, but then you kind of
Speaker 2: do a bit of research on the product and you
Speaker 2: realize it gets discounted every sale season. Sure. Number three
Speaker 2: does it fit your budget? Number four? Have I waited
Speaker 2: twenty four hours before committing to purchase this? And I
Speaker 2: promise Black Friday is not just one day?
Speaker 6: Is it?
Speaker 2: Yes, it's like a little season it because like two
Speaker 2: weeks at least exactly, so, like you do have time
Speaker 2: to put twenty four hours between you and your spending.
Speaker 5: And number five will I regret this tomorrow?
Speaker 2: So five questions to ask yourself before you do that,
Speaker 2: and hopefully they can help you stay off the confessions
Speaker 2: list in our many Wins and Confession thread. But please
Speaker 2: add your confessions because I feel like everyone feels so
Speaker 2: much more heard when we share them. Yeah, it's not
Speaker 2: us going, oh, beck, I can't believe it. It's literally
Speaker 2: us going, like girl, we get it.
Speaker 6: Good reminder, very good reminded, Thank you, grace. Next money
Speaker 6: in is from Sophie, who said my usual train line
Speaker 6: is being closed for eighteen months to allow for upgrades
Speaker 6: and to compensate for the inconvenience they're giving everybody.
Speaker 2: Six months of free travel on what the train you
Speaker 2: can't get on? Yeah?
Speaker 6: Maybe life loss though, because the other options take so
Speaker 6: much longer for me to get to work.
Speaker 2: But at least it's free. I think you look, at
Speaker 2: least it's free. It's eighteen months. Also, yeah, I'm like,
Speaker 2: oh the math mathing there. Yes, someone needs to raise
Speaker 2: a few questions with our council there.
Speaker 4: I think whole eighteen months should be free, But I agree,
Speaker 4: who am I? Who am I to say?
Speaker 2: I think the entire eighteen months should be free because
Speaker 2: you are being told that you're being put out for
Speaker 2: eighteen months, and I mean free public transport when obviously
Speaker 2: the train station is closed. It's like, actually the train
Speaker 2: company's fault. Free public transport is not going to cost
Speaker 2: them that much because the train's already running. It's not
Speaker 2: like they are going to have to add additional services.
Speaker 4: Totally.
Speaker 2: Also, it's going to cost our community member more because
Speaker 2: they're probably going to have to drive to a different
Speaker 2: station or find their way there somehow, which costs time
Speaker 2: and money.
Speaker 6: Yeah, totally, but that's all Sophie seems happy she's taking
Speaker 6: the win. Lastly, I've got one from Taylor who said
Speaker 6: money and life win. We started fostering kittens this week.
Speaker 6: Why is it a money? When I hear you ask,
Speaker 6: cat Haven, which is the shelter, pays for all of
Speaker 6: the food, the vet appointments, the toys, and the other supplies.
Speaker 6: We get to look after these sweet little babies at
Speaker 6: no extra costs. Great for us because we've always wanted
Speaker 6: to have pets, but aren't in the position to be
Speaker 6: able to adopt financially or otherwise. We get to help
Speaker 6: these little babies while they're overcoming their cat flu and
Speaker 6: help them find their forever homes by posting their profiles online.
Speaker 6: Put a cute little pick of them all sleeping together.
Speaker 2: Gosh.
Speaker 5: Now nobody tells Jess that this is an option for her.
Speaker 2: I was like, Hi, could you have four more kittens?
Speaker 2: Absolutely not, She's already got two.
Speaker 6: She's just started selecting them me and my boyfriend's cut
Speaker 6: me off at two unfortunately.
Speaker 2: So I did mine. So what I did to get
Speaker 2: this was get a dog. That's I think he and
Speaker 2: then he said, no more pets. No, We've already got
Speaker 2: three Victoria. And I was like, all right, hear me
Speaker 2: out a.
Speaker 5: Baby, So I'm winning.
Speaker 2: I am went adding to the group.
Speaker 6: Yeah, if you can foster, it's a really good thing.
Speaker 6: And I know that the shelters are really overwhelmed at
Speaker 6: the moment, so.
Speaker 2: I love it. They cover the costs, which is awesome.
Speaker 5: That's really That was such a good note to end on. Yeah,
Speaker 5: kittens and Christmas, Like what a.
Speaker 2: Good episody today?
Speaker 4: Yes?
Speaker 5: What have you got when it comes to broke tips
Speaker 5: this week?
Speaker 4: Okay, So, as per usual, I do have two from
Speaker 4: the community and one from myself. So the first one
Speaker 4: comes from Kimberly, who has given me a really good
Speaker 4: lentil vegan chili con khan recipe. She says that using
Speaker 4: red lentils as a meat substitute, which I know is
Speaker 4: not ideal for everyone. If you're going in for a
Speaker 4: chili con cahn, you kind of crave in that meat.
Speaker 4: But if you're going for a vegan.
Speaker 5: They're delicious, delicious.
Speaker 2: I feel like lentils have that meatiness to them, especially
Speaker 2: if you cook them low and slow.
Speaker 4: Totally totally.
Speaker 2: I have fooled my husband in a number of yes,
Speaker 2: and they're so filling.
Speaker 4: So for about ten to twelve dollars, it makes twelve
Speaker 4: large serving delicious, So I mean, if you want that recipe,
Speaker 4: hit me up and I'll.
Speaker 2: No, no, no, no no, We'll put it on our Instagram
Speaker 2: stories today, So you share that with me. We'll share
Speaker 2: that with our new graphic designer, Georgia because get this
Speaker 2: that she's on the money team has had to glow up.
Speaker 2: We have a real life, full time graphic designer. Put
Speaker 2: it in a little recipe card for you guys.
Speaker 5: Put it on our inst stories per perfect.
Speaker 4: Actually believe chili con can Kimberly' chlicon can. Thank you
Speaker 4: so much, Kimberly. And this next one comes from Kate,
Speaker 4: who says, Hi, beg, I have a broke tip for you.
Speaker 4: End of year slash Christmas parties can get expensive. So
Speaker 4: for our stealing Santa games, I've said to the team,
Speaker 4: just find something around the house that you don't want
Speaker 4: anymore and wrap it up. Plant clippings, veggies from your garden,
Speaker 4: a plate that doesn't match the rest. It's a way
Speaker 4: to declutter. And it's also I love this.
Speaker 2: That is so fun.
Speaker 4: That's I mean, it's it's great, Like, especially if you're
Speaker 4: living in the sharehouse, there's so many like random plates
Speaker 4: that don't fit anything else.
Speaker 6: It's just going to be really funny. I feel everyone
Speaker 6: like opening the bad Santa Presents.
Speaker 2: It's gonna be I can't really love that. It also
Speaker 2: gives me little sister vibes, so like I have a
Speaker 2: little sister Alex. If you're listening, love you, please look away.
Speaker 2: But every time she comes to my house, it's basically like,
Speaker 2: what can I steal from you? Yeah, kind of situation. Yea,
Speaker 2: she always wants my stuff. Surely other people do too.
Speaker 4: Totally totally. There's something that someone has in the house
Speaker 4: that surely is like nothing to them, but it's it's
Speaker 4: treasure to someone else.
Speaker 5: So I love it makes for a really entertaining time.
Speaker 4: So yeah, absolutely, I love it. So thank you so
Speaker 4: much for that one.
Speaker 1: Kate.
Speaker 2: All right, Beck, what is your personal broake tip from
Speaker 2: this week?
Speaker 7: Then?
Speaker 4: Okay, so this one, as usual's a little bit rogue.
Speaker 4: But I was listening to this thing about embracing rejection
Speaker 4: and this kind of ties in somehow. So basically, if
Speaker 4: you're I'm a little bit too awkward for this. But
Speaker 4: if you're out and about and you're wanting to i
Speaker 4: don't know, price match or try and get some free
Speaker 4: let's say cookie with your coffee order, or something like
Speaker 4: embracing rejection means literally just asking the people around you.
Speaker 5: Audacity is high, but not that high.
Speaker 4: I know, I know me too, And this is like
Speaker 4: it's so good for maybe like every now and then
Speaker 4: getting a free sweet treat or getting a free like
Speaker 4: you never know what you're gonna get. You might have
Speaker 4: like something be reduced, a price of the price of
Speaker 4: something be reduced. Like I was saying a few weeks
Speaker 4: ago how my friend was going overseas and asked if
Speaker 4: the accommodation place could match her budget. They did it.
Speaker 4: So just asking people, just asking for freebies, just asking
Speaker 4: for discounts, asking for you know, you never know how
Speaker 4: far you get. Also, it's like it's character building as well.
Speaker 4: Yeahs my character built in that way.
Speaker 6: I can never know if you don't ask the answers
Speaker 6: always know. Isn't that the same exactly?
Speaker 2: I say that all the time, But like I couldn't
Speaker 2: ask for a free cookie, like.
Speaker 5: Like I know that that's so I don't know. Maybe
Speaker 5: it's not as scary.
Speaker 2: If anybody has been doing this, can you smide into
Speaker 2: our DMS and tell us how you've been doing it
Speaker 2: without it being weird? Because I cannot imagine going to
Speaker 2: my local cafe and being like, yep, but touoit lates
Speaker 2: thank you?
Speaker 5: Also, do you have any free cookies?
Speaker 2: Like how do you ask count thing?
Speaker 6: Like maybe you say, oh, is there some kind of specialist?
Speaker 2: I buy a coffee and a cookie?
Speaker 4: Totally you have.
Speaker 6: To pay for the cookie too, well, it like they
Speaker 6: might just go oh no, no, specially go okay, just
Speaker 6: the coffee, thank you totally if I agree, like okay,
Speaker 6: I need the language a lot.
Speaker 2: But if you say, is there some kind of deal?
Speaker 6: I feel like older people, like my parents, especially my
Speaker 6: dad was always really good at this because I think
Speaker 6: you get to a point where you're just not embarrassed anymore.
Speaker 6: You're like, well what they say no? So what like
Speaker 6: do I care?
Speaker 2: Like is that go?
Speaker 1: I do?
Speaker 2: Right now? Well that's it.
Speaker 6: I think we get so stressy about it. But if
Speaker 6: you just ask and they say no, and you're oh,
Speaker 6: that's all right, that's fine.
Speaker 2: Like I did get gifted a free cookie the other
Speaker 2: day though, so I didn't ask for it. Though I
Speaker 2: was in Subway because I've recently fallen back in love
Speaker 2: with subway, like just sourd sandwiches Subway. I know, so
Speaker 2: good and I'm always yes, but every time not sponsored,
Speaker 2: I'm always so like happy with the price point to you. Anyway,
Speaker 2: the girl was like, oh, do you want a cookie?
Speaker 2: And I said yes because I felt awkward, but she
Speaker 2: just gave it to me for free. I thought I
Speaker 2: was gonna have to pay dream and way delicious. It
Speaker 2: wasn't that. It was my first Subway cookie, the macadamia.
Speaker 2: I hadn't had that one, the one with the little
Speaker 2: in lem and ms.
Speaker 4: Oh that's new, that's new to the rotation.
Speaker 6: Okay, we really sound like we're plugging.
Speaker 2: So we can like Subway for you all work together.
Speaker 2: I currently am obsessed with you, but that's okay, all right, Well, beck,
Speaker 2: I like that tip.
Speaker 4: Thank you.
Speaker 2: I do really want to hear from the people in
Speaker 2: our community who have the audacity to ask.
Speaker 5: Like, can you just like give us a little bit
Speaker 5: of a like tutorial.
Speaker 2: How do we also have that audacity because right now
Speaker 2: I feel really uncomfortable and we shouldn't feel uncomfortable, so
Speaker 2: please share. But let's go to a really quick break.
Speaker 2: Maybe we can get a cookie, and after the break
Speaker 2: we're going to be talking about how do you ask
Speaker 2: your partner to make super contributions during your parental leave,
Speaker 2: and we're going to unpack something you slid into our
Speaker 2: DMS about guys, I'm excited about this one. It's about
Speaker 2: a potentially deceptive friend and a missing summer cash. Don't
Speaker 2: go anywhere. Welcome back, everybody.
Speaker 6: Let's take a listen to this week's money dilemma.
Speaker 2: Hi. There, have you got a money dilemma you just
Speaker 2: can't solve? The She's on the Money team is here
Speaker 2: to help. Every week we tackle your dilemmas, both big
Speaker 2: and small, to answer your most burning money, career and
Speaker 2: life questions. To get involved, simply head to our website
Speaker 2: and leave us a short voice recording and you might
Speaker 2: just find yourself on the show. Now, let's take a
Speaker 2: listen to this week's money dilemma.
Speaker 7: Hi, guys, absolutely love the podcast. My question is around.
Speaker 7: You've mentioned a few times your husband or partner contributing
Speaker 7: to your super while you know off having a child.
Speaker 7: So to give you some context, I earn significantly more
Speaker 7: than my husband. I'm on one hundred and twenty five
Speaker 7: thousand and he's one fifty five thousand. In our everyday life,
Speaker 7: this work's fine. We split everything five percentage of out come.
Speaker 7: I just don't even know how to consider the super
Speaker 7: topic while off having a baby, and I'm frustrated a
Speaker 7: system that is making it complex for me to be
Speaker 7: the high income earner and then also to have a
Speaker 7: child the way I would like to take the time
Speaker 7: off and those sort of things.
Speaker 1: Thank you.
Speaker 2: I find this a really interesting one because usually you're
Speaker 2: asking for superannuation contributions because you're going to be significantly
Speaker 2: behind when you return to the workforce. And obviously, let's
Speaker 2: pretend you're taking twelve months, because I feel like that
Speaker 2: seems to be the average amount of time in in
Speaker 2: my friendship group. So that kind of makes most sense
Speaker 2: to me to use as an example. And she didn't
Speaker 2: tell us. But at the end of the day, I
Speaker 2: want your partner and you to have this conversation about
Speaker 2: contributing to superannuation while you're on parental leave, because I
Speaker 2: don't want you, individually or anyone at all to be
Speaker 2: going back into the workforce and having a twelve month
Speaker 2: period when no contributions are made at all. Now, if
Speaker 2: you treat everything as kind of equal, well it wouldn't
Speaker 2: be a Now, beck you have to pay for my
Speaker 2: super contributions. The conversation from my perspective would be more
Speaker 2: around how are we, as a couple who now have
Speaker 2: a limited budget, going to make sure that I don't
Speaker 2: miss out financially for my super because at the end
Speaker 2: of the day, it's not just about you, it's about
Speaker 2: you and your partner. They're going to miss out too,
Speaker 2: because if you you know, in a happy, go lucky world,
Speaker 2: you stay together forever and it's all sunshine and roses. Well,
Speaker 2: that super contribution decision that we're making today will put
Speaker 2: you both ahead in retirement. If something happens in your relationship,
Speaker 2: at least you haven't fallen behind because of the parenting
Speaker 2: decisions that you made you at the time, made because
Speaker 2: they were best for your family. So it's all about
Speaker 2: making sure that we are financially stable. So the contribution
Speaker 2: isn't about going, Oh, my spouse has to make that
Speaker 2: from his pay. It could actually come out of your
Speaker 2: parental leave pay, it could come from some savings, it could.
Speaker 5: Come from anywhere. There are some benefits to it.
Speaker 2: So if your partner is earning less than you, what
Speaker 2: you can do is a spouse super contribution. It's a
Speaker 2: voluntary after tax contribution into the superfund of your choice, obviously,
Speaker 2: but the person making the payments, so your husband in
Speaker 2: this circumstance could make the contribution and like do the transfer,
Speaker 2: but they can actually benefit from a tax offset of
Speaker 2: up to eighteen percent for contributions of up to three
Speaker 2: grand a year. So that's a money win. If we
Speaker 2: look at you, know, you just do some basic maths,
Speaker 2: your usual tax rate and because what our friend wrote
Speaker 2: in is thirty two and a half cents in the
Speaker 2: dollar inside superannuation, the average tax rate is fifteen cents,
Speaker 2: so that's obviously very sexy. And what usually happens is
Speaker 2: if you make a co contribution or an after tax
Speaker 2: contribution to superannuation, come tax time, the ato go, ah,
Speaker 2: you paid thirty two and a half cents on the
Speaker 2: money that you put in. Let me give you a
Speaker 2: refund of that fifteen cents in a dollar to make
Speaker 2: sure that you're okay. But they're giving you a little
Speaker 2: bonus now it's eighteen so there's like a little bit
Speaker 2: of a money catch there, which is very nice and
Speaker 2: obviously a way to I guess encourage you to make
Speaker 2: these contributions. But when it comes to who should be
Speaker 2: paying it. It's not actually going hey, husband, you have
Speaker 2: to it's hey, our family budget looks like this, and
Speaker 2: superannuation and my retirement and financial freedom is really important
Speaker 2: to me.
Speaker 5: How are we making sure that I'm not missing.
Speaker 2: A year in the market, because compound interest is incredibly
Speaker 2: powerful and missing a year actually does put you back significantly.
Speaker 2: What do you reckon?
Speaker 6: Jest?
Speaker 2: How would you approach this conversation, because, as we all know,
Speaker 2: you're the big dog in the relationship at this point
Speaker 2: in time.
Speaker 6: Yeah, I feel like, maybe fifty thousand if you're going
Speaker 6: to be living just on that salary and then obviously
Speaker 6: whatever parental leave you're entitled.
Speaker 2: To, it's not a lot of money to stretch.
Speaker 6: So I feel like potentially maybe saying, hey, like, I
Speaker 6: don't expect my super contributions to be at where they
Speaker 6: are because eleven percent, and of course one hundred and
Speaker 6: twenty five thousand is significantly more than you know, eleven
Speaker 6: percent of what your part would be earning at fifty thousand,
Speaker 6: So maybe go okay, well at a minimum wage point,
Speaker 6: because that's how the government calculates parentally, I think like
Speaker 6: it's based off of the minimum wage, Maybe you contribute
Speaker 6: to your super as if you're earning minimum wage instead,
Speaker 6: as your money is still going in, maybe it's a
Speaker 6: little bit more attainable within the means of you know,
Speaker 6: the salary that you're living off of, but contributions are
Speaker 6: still being made, like it's not as if no money
Speaker 6: is being put in, so you are still taking advantage
Speaker 6: of compound interest. And that's kind of a middle ground
Speaker 6: because I can see how for the partner that might
Speaker 6: be stressful and for you as well, if you're trying
Speaker 6: to live off this one wage and you're just trying
Speaker 6: to pay your bills and pay for all of the
Speaker 6: newborn expenses and then contributing that superanuation at such a
Speaker 6: high amount could maybe feel like a stretch. So maybe
Speaker 6: it's approaching it and saying, hey, can we find a
Speaker 6: rate that does fit within our budget that we can contribute,
Speaker 6: and you know, if we need to make some other
Speaker 6: sacrifices to make that work, that's what we do, because
Speaker 6: it's a small amount to be living a love as
Speaker 6: a family of three. But I think you're totally right
Speaker 6: like explaining why it's important as well, because I think
Speaker 6: men particularly but people generally, like I've had this conversation
Speaker 6: with my friends, and a lot of them had never
Speaker 6: thought about it either. You don't really think about the
Speaker 6: superat and you don't think about the fact that if
Speaker 6: you aren't contributing while you're on parental leave, that that
Speaker 6: has a really significant impact on you down the tracks.
Speaker 6: Even running the numbers and being like, hey, like I
Speaker 6: miss out on five thousand dollars over the course of
Speaker 6: the year, and in thirty years that five thousand dollars
Speaker 6: could have been x, you know, So explaining the numbers
Speaker 6: to them, I think, and showing them the why and
Speaker 6: what it means, and I suppose not making it seem
Speaker 6: as that you're just saying, oh, I want money because
Speaker 6: that's what I always have. Because I think if you
Speaker 6: approach the conversation with someone who's never thought about it,
Speaker 6: they might just be a bit taken aback from a
Speaker 6: lack of understanding, and so educating them might be really
Speaker 6: helpful in having that conversation and being flexible in the
Speaker 6: amount I feel like is maybe the best way to
Speaker 6: make it work.
Speaker 2: I agree. I think it's so important to talk about
Speaker 2: it as well, and maybe not just go oh, the
Speaker 2: only way is for my partner to contribute because there
Speaker 2: are a number of different super strategies you could implement, right, Like,
Speaker 2: you could do a number of things. So I have
Speaker 2: had clients historically go, oh, in the next couple of years,
Speaker 2: I think I'm going to take leaves. So what I'm
Speaker 2: going to do is bump up my super contributions by
Speaker 2: two percent. And they've calculated that all out, so that
Speaker 2: puts them a year ahead.
Speaker 5: So they don't even have to have that conversation with
Speaker 5: their partner.
Speaker 2: Because parental leave is stressful, Like it's not something that.
Speaker 5: Is you know, all sunshine and roses.
Speaker 2: Like my husband and I are going through this like
Speaker 2: planning stage at the moment where we go, okay, he
Speaker 2: gets three months at his full time salary, right, so
Speaker 2: we are currently trying to work out our budget for
Speaker 2: him to take six months at half pay. Sure, but
Speaker 2: it's all about doing the maths and the numbers and
Speaker 2: working it all out. I'm sure that if you're in
Speaker 2: this circumstance, you're doing it too. But there's a number
Speaker 2: of different strategies you can implement, So I guess let's
Speaker 2: contextualize this too. So research tells us that two children
Speaker 2: could to one hundred thousand dollars in lost super. So
Speaker 2: obviously we have paid parental leave and all of these
Speaker 2: fun fancy things, but not many of them include superannuation.
Speaker 2: And that's because employers are not obligated to make super
Speaker 2: contributions while you're on parental leave, which is great. One
Speaker 2: thing I think that employers could be doing is going,
Speaker 2: you know what, Jess, we are a small business. We
Speaker 2: might not be able to pay you full time for
Speaker 2: that period of time, but how about we do the
Speaker 2: government thing and your super and then everybody is in
Speaker 2: a better position financially. You can actually call your super
Speaker 2: fund as well and let them know that you're going
Speaker 2: on parental leave, and a lot of them will actually
Speaker 2: wave fees for that period of time. So they'll waive
Speaker 2: fees on your insurances because during that period of time
Speaker 2: you're not going to be able to get income protection
Speaker 2: because you're on parental leave and you don't have income,
Speaker 2: so they might wave those fees. They might also be
Speaker 2: really kind and wave your super fees. Like the ADMIN
Speaker 2: stuff again goes back to you, Beck. What you're saying
Speaker 2: before got to have a little bit of an audacity.
Speaker 2: What kind of deal can you cut here? But the
Speaker 2: end of the day, like lost super during parental leave.
Speaker 2: I looked this up before.
Speaker 5: Analysis by Industry Super Australia shows.
Speaker 2: A woman who spends five years out of the paid
Speaker 2: workforce in her late twenties to early thirties could be
Speaker 2: almost one hundred thousand dollars worse off in retirement and
Speaker 2: that's a lot of money totally, so it's definitely ask
Speaker 2: your partner what about co contributions? Can we afford this?
Speaker 2: Can yours partner split their super so like, instead of
Speaker 2: them getting their full super, can you have half of
Speaker 2: it for that period of time so that you're both
Speaker 2: on an equal playing field. Can you contribute in the
Speaker 2: lead up to having children when you get back to
Speaker 2: work if you didn't have any ability to contribute to super,
Speaker 2: don't worry, guys, we're in a cost of living crisis.
Speaker 2: I totally get it. But could you bump it back
Speaker 2: up once you get back to work to kind of
Speaker 2: get back to where you needed to be?
Speaker 5: And the other thing here is if we're caring so.
Speaker 2: Much about SUPER contributions, have you reviewed your SUPER recently?
Speaker 2: Is it the right fund for you to even during
Speaker 2: this period of time and they performing well like it's
Speaker 2: not just about fees. It's about fees, performance, structure, your ethics,
Speaker 2: all of those things. And if you haven't reviewed your
Speaker 2: super recently, now is the time because all of this
Speaker 2: is wasted if you're not getting it back on performance.
Speaker 2: So obviously this is a subtle shout out as well
Speaker 2: to our friends at sky Wealth. They can fix all
Speaker 2: of that for you, and we'll put their info in
Speaker 2: the show notes. But it's one of those things that
Speaker 2: you just go make sure that you've got your ducks
Speaker 2: in a row.
Speaker 5: But also their house is quite sturdy.
Speaker 4: That's so true. And I mean, I have a lot
Speaker 4: to add here, but I'm just going to say there's
Speaker 4: a lovely government organization women in Super trying to bridge
Speaker 4: that gender.
Speaker 2: Super gap, So you know they're cool.
Speaker 4: Other than that, really, that's all from me. You guys
Speaker 4: have fantastic advice.
Speaker 2: We try a hardest.
Speaker 4: Yeah, exactly, what're talking about?
Speaker 5: It almost like I used to be a financial advisor.
Speaker 4: Yeah, you kind of seem like you used to feel.
Speaker 2: It's a bit weird. It's a bit weird. Let's move
Speaker 2: on though, because I have in trump at that bit
Speaker 2: to get to this DM this week, because when I
Speaker 2: baited it before, and I was like, a potentially deceptive friend,
Speaker 2: and are missing some of cash? Surely you guys were
Speaker 2: also like, please let us add it. We're dying. We're dying,
Speaker 2: all right. So are you ready for the DM of
Speaker 2: the week? So ready? Here is what we received. Girls.
Speaker 2: I'm going to need your thoughts on this. I was
Speaker 2: having issues with my card to pay for things, and
Speaker 2: I needed to pay for a bunch of bills as
Speaker 2: soon as possible, so I sent my friend some money.
Speaker 2: It was around three hundred dollars and asked if she
Speaker 2: could try paying them using her card because mine wasn't working.
Speaker 2: She happily accepted me transferring her the money, but said
Speaker 2: when she tried to pay the bills, it also didn't work.
Speaker 2: So I asked her to transfer the cash back, and
Speaker 2: that was over a week ago. She says she's already
Speaker 2: sent it back and I should contact the bank because
Speaker 2: there isn't anything else she can do. However, we've transferred
Speaker 2: money between each other before and it happens instantly. At
Speaker 2: the moment, I don't know what to think. I trust her,
Speaker 2: That's why I sent her the money in the first place,
Speaker 2: to help me, but I'm starting to become sus on
Speaker 2: if she really sent it.
Speaker 5: But I can't accuse her of this.
Speaker 2: Do you think I could ask her to send her
Speaker 2: own money in the meantime until we figure out where
Speaker 2: my money went. I desperately need that money to pay
Speaker 2: my bills, which still aren't paid.
Speaker 5: How would you handle these girls?
Speaker 4: Oh? This is so tricky. The whole time, I'm thinking, like,
Speaker 4: can she not send a screenshot of the transfer?
Speaker 2: You know what I mean? But that's what I'd be
Speaker 2: asking for. I'd be like, oh my god, I'll call
Speaker 2: the bank. Can you please tell me what the reference
Speaker 2: number was? Yeah?
Speaker 4: And also like it is scary because you're like, maybe
Speaker 4: you sent it to a different person whose name looked
Speaker 4: similar to mine, you weren't really paying attention, Like they're
Speaker 4: just just I would just desperately want a screenshot, which
Speaker 4: I know is also bad because it like kind of,
Speaker 4: you know, suggests you don't trust that they sent it
Speaker 4: or something.
Speaker 2: But I think so I have literally sent money to
Speaker 2: the wrong person before, haven't I jestedly when I say
Speaker 2: that it was just sending my money to one of
Speaker 2: my friends instead of a supply, it was a lot
Speaker 2: of money.
Speaker 3: Oh, I see you not a good time.
Speaker 2: And you know what, shout out to Haley Short. I
Speaker 2: know she listens to this podcast. She called me immediately
Speaker 2: and was.
Speaker 5: Like, I don't think you meant to do this.
Speaker 2: Can you please come and take it back asab And
Speaker 2: I was like, yeah, I'm so sorry. Thanks. That's really nice. Yeah,
Speaker 2: because she's a wholesome human being. But it doesn't sound
Speaker 2: like your friend is one. So what do we do?
Speaker 4: I guess. I guess also like, if you have that
Speaker 4: relationship where you can borrow money from each other and
Speaker 4: stuff like that, because it seems like you've transferred money
Speaker 4: from the past, maybe you can ask to borrow the
Speaker 4: three hundred dollars. And then I really don't know. I
Speaker 4: guess you just need proof, is all I'm thinking.
Speaker 6: Yeah, I feel like you've got to like, if she
Speaker 6: hasn't done anything wrong, benefit of the doubt, and she's
Speaker 6: just like, I don't know, Like I sent the money,
Speaker 6: there shouldn't be any issue with her sending the screenshot.
Speaker 6: I feel like maybe rather than sending the screenshop get
Speaker 6: together and say, hey, you know, I've spoken to my bank.
Speaker 6: They need the reference number to be able to look
Speaker 6: into it. Can you just put up on your phone,
Speaker 6: and and if she goes for whatever reason, she can't
Speaker 6: say no dramas, let's try calling your bank because we'll
Speaker 6: need to verify your identity to get that information. I
Speaker 6: can't call your bank and get that info for you.
Speaker 6: Can we just give them a buzz now and be
Speaker 6: honest and say, I just I really need it sorted,
Speaker 6: because I, like, I have bills to pay.
Speaker 2: I so agree with that. I would just operate under
Speaker 2: the assumption that she has not lied to you, because
Speaker 2: it's going to come out in the wash like it's now,
Speaker 2: I guess twenty twenty three, and everything is electronically documented.
Speaker 2: So I would do exactly what Jess said and go, hey,
Speaker 2: can you send me the reference number. I'm going to
Speaker 2: call my bank and just have them follow up on
Speaker 2: it and maybe put a little bit of the fear
Speaker 2: of God into her. And you're like, oh, if you
Speaker 2: can't find that, maybe we should really like flag your
Speaker 2: bank and my bank for for aud Like, yeah, what's happened?
Speaker 2: Where has it gone? Like my bank has confirmed it
Speaker 2: went to your bank. What does this look like?
Speaker 7: Ye?
Speaker 2: Because essentially your friend's going to be backed into a
Speaker 2: corner because the bank's going to go no, no, no, we
Speaker 2: can see it got put into this account number, this BSB. Hey,
Speaker 2: we've done what you told us to do. Yeah, And
Speaker 2: then from the flip side, you're right, go all right.
Speaker 5: Well, when can I come over and we.
Speaker 2: Can call your bank and like we can have a chat,
Speaker 2: like we can both be on the phone, because I
Speaker 2: promise the money will probably be found very quickly or
Speaker 2: you'll honestly brutal, you'll lose a friend really quickly.
Speaker 6: Yeah, I mean the chance if it's always instant normally,
Speaker 6: the chances of it taking.
Speaker 2: With OSCO, if you've transferred, it should be instantaneous, yes,
Speaker 2: And like.
Speaker 6: I understand that sometimes there can be like very short
Speaker 6: delays with processing or whatever, but not over the course
Speaker 6: of a week, I wouldn't think.
Speaker 2: Yeah, and you always get people communicating with you as
Speaker 2: well from the bank. So I have had, you know,
Speaker 2: times where I've transferred money to a new person. I've
Speaker 2: never had an issue with old So like I have
Speaker 2: like everybody you know in my payroll, in everyone that
Speaker 2: I send money to saved and I feel like I
Speaker 2: don't even get the security code text message anymore. They're
Speaker 2: just like, oh, chuck, your banking password in and you
Speaker 2: can transfer it because this is a trusted trendransfer. But
Speaker 2: if it's new, they actually will message you and be like, oh,
Speaker 2: we've flagged this one. Can you please call us to
Speaker 2: verify or can you please reply one via text message
Speaker 2: to confirm this was you transferring this. So if they
Speaker 2: hadn't communicated with you, it should have gone through immediately
Speaker 2: from my perspective, because we're talking about three hundred dollars here,
Speaker 2: not three hundred thousand, and you're trying to get a
Speaker 2: home deposit across which takes a much bigger period of
Speaker 2: time because of banking limits, So like I would get
Speaker 2: it if you were like, oh my god, because it
Speaker 2: is stressful, right, Like I remember when we were buying
Speaker 2: our first house and I had to transfer the deposit
Speaker 2: for the house into the real estate like trust fund,
Speaker 2: and I just remember being like those numbers, Yeah, I
Speaker 2: checked my numbers fifty times. But then also I had
Speaker 2: a transfer limit, so I had to go down to
Speaker 2: the bank and pay for this manual transfer to be
Speaker 2: done of this lump sum at one time, and like,
Speaker 2: I'm sorry, everything's documented, So I'm suspicious from the get.
Speaker 4: Go, totally and if the friends listening, Hey, do you
Speaker 4: really want to lose a friend over three hundred dollars?
Speaker 4: Something will last very long and the friendship might last forever.
Speaker 2: Yeah, and have a good thing about why you're doing this,
Speaker 2: like if you're strapped to cash, Okay, I totally understand it,
Speaker 2: but this is not how to solve your problem in
Speaker 2: the short term, like in the long term, this is
Speaker 2: going to harm you. Also, the reputation that comes off
Speaker 2: this like terrible. Like people are going to ask right like, oh, hey, Jess,
Speaker 2: why don't you talk to V anymore? Jess is going
Speaker 2: to go it's a bit awkward, like we just don't
Speaker 2: talk anymore after you know, I transferred her three hundred
Speaker 2: bucks and you know, I asked for it back and rarah.
Speaker 2: It was just awkward. I don't really know what happened
Speaker 2: to it. Other people are going to deduct that it's
Speaker 2: not a good situation. Even if Jess says absolutely, oh
Speaker 2: she's really nice, but I just don't get it, like
Speaker 2: she cut me out after that, stopped replying to my message,
Speaker 2: do you know what I mean?
Speaker 5: It's just like you're going to look like a bit
Speaker 5: of a potato.
Speaker 2: Sure, like that's not great. Sure, no one wants to
Speaker 2: be called a potato, right, Like that's true unless you're
Speaker 2: a French fry. But yeah, let's see what the community said.
Speaker 2: We asked them a few spicy questions. First one was,
Speaker 2: do you think it sounds like the friend has kept
Speaker 2: the money in lined about sending it back? Obviously, We
Speaker 2: asked that one first Yeah, eighty two percent of you
Speaker 2: were like, yep, yep, we do think that. We then said,
Speaker 2: do you think this person can ask their friend to
Speaker 2: transfer their own money since hers has gone missing? Forty
Speaker 2: two percent of you said yes, it's the friend's responsibility
Speaker 2: to help, and fifty eight percent of you said no,
Speaker 2: it was her decision to send her money. I kind
Speaker 2: of am rock in a hard place because like if
Speaker 2: I transferred you money back and it genuinely went missing, like,
Speaker 2: it's kind of on me, not on you.
Speaker 6: Yeah, Like I don't know if you have the relevant
Speaker 6: proof to show you. Yeah, yeah, if her friend can
Speaker 6: say here's the transfer, I've got no idea what's going on?
Speaker 6: Percent But I also it sounds like the friend's not
Speaker 6: being very helpful either, Like if that was us and
Speaker 6: you said, hey, like the money hasn't come back. I
Speaker 6: would be on the phone to my bank being like, hey, like,
Speaker 6: what's the go Totally.
Speaker 2: I think I'm also a bit negative about this, like, oh,
Speaker 2: can your friend transfer you some money? In the trim,
Speaker 2: I'm like, there's already a problem communicating about money. I
Speaker 2: don't think we need to add an extra layer. If
Speaker 2: he said she said like I owe you, you owe
Speaker 2: me vice versa like, I just think it's not worth.
Speaker 7: Yeah.
Speaker 2: We said, if this was you, would you tell your
Speaker 2: friend you didn't believe they'd sent the money. Seventy two
Speaker 2: percent said yep, and I'd ask for proof of the transfer. Wow,
Speaker 2: ballsy people. I would never accuse anybody of anything, As
Speaker 2: I said, I'm very much a garden path kind of gal.
Speaker 2: I'd be like, can you please send me the reference number,
Speaker 2: I'll follow it up with my bank, and I'll let
Speaker 2: you dig your own grave. I'm not going to accuse
Speaker 2: you of anything I can't prove totally, And then twenty
Speaker 2: eight percent of you said no, But it's because I
Speaker 2: hate confrontation. Relatable, We asked, do you think it is
Speaker 2: a bad idea to ask friends for help with money problems?
Speaker 2: Seventy seven percent of you said, Yep, it always ends
Speaker 2: badly and ruins friendship, said twenty three percent of you
Speaker 2: said no, I've had really positive experiences with it. I
Speaker 2: think this is really going to depend on the friend.
Speaker 2: Like this situation should have ended up with like oh
Speaker 2: he said, she said, kind of like oh, I transferred it.
Speaker 2: You didn't get it, Like you had problems with your
Speaker 2: bills and your friend was like, oh, I can try
Speaker 2: and pay them for you. Here's the cash. I feel like, Jess,
Speaker 2: that's something that you and I would do if we
Speaker 2: were in a pickle, and it wouldn't be like a
Speaker 2: friendship borrowing money sitch, Like Jess would just transfer me
Speaker 2: the money and I'd try and pay the thing, right. Yeah,
Speaker 2: Like that to me feels like a different thing than
Speaker 2: you know, borrowing money from a friend. Like I think
Speaker 2: those are two different circumstances because you're like, Babe, I've
Speaker 2: got the money, my bank just won't transfer it or
Speaker 2: my card's broken or whatnot. Because like you should have
Speaker 2: been a very heavy step step step exactly, but like
Speaker 2: that's just you're telling me that I gave you three
Speaker 2: hundred well, you know, you gave me three hundred bucks,
Speaker 2: and then oh, what a cowinky dink you don't have
Speaker 2: it anymore. That's a bit weird. And then we obviously
Speaker 2: get this. We asked for you two cents. And I
Speaker 2: love this part because some of you are savages. Some
Speaker 2: of you honestly need to have a good hard thing
Speaker 2: about the type of human being you are. And I
Speaker 2: don't read those comments on are others you're really funny.
Speaker 2: You're really funny. But here are some of the responses.
Speaker 2: So my best friend lent me fifteen hundred bucks for
Speaker 2: a car, and I learned how to manage money so
Speaker 2: I could quickly pay her back because I owed that
Speaker 2: to her. I think positive experience. Someone said, if they
Speaker 2: are a true friend, there should be no problem in
Speaker 2: sharing the receipts and they should actually be quite motivated
Speaker 2: to help you solve this problem. So true, it's a
Speaker 2: good problem. That's just as missing three hundred bucks, Like
Speaker 2: I have done way more for less us.
Speaker 6: Yes, she's just hunted down people on the internet.
Speaker 2: I've done a lot of things that I am not
Speaker 2: that proud of. Because a friend is literally like, oh
Speaker 2: my god, x y Z happened to be I'm like,
Speaker 2: sit down, yeah, sit down.
Speaker 4: I sound proud I feel like that sounds like proud.
Speaker 2: Of my life. Anyway, we won't go into the time
Speaker 2: that I hunted someone's phone down on Find my Friends
Speaker 2: and not on a random person's front door to be like, hey,
Speaker 2: we know you have the phone, give it back. Yes,
Speaker 2: I could have died back. Don't tell my husband. We
Speaker 2: said that we were going shopping. So the next person
Speaker 2: said she should ask for a screenshot of the transfer
Speaker 2: so she can go to her bank with the evidence. Again,
Speaker 2: I think this is the page that we're all on.
Speaker 2: Someone else said I would never accuse a friend of lying,
Speaker 2: but would ask for transfer proof so I can follow
Speaker 2: up with the bank. I feel like we're all on
Speaker 2: the same page about just like maybe not being too confrontational,
Speaker 2: but also being like, hey, that can I have the proof?
Speaker 2: Because any good friend would be like, oh yeah, yeah,
Speaker 2: Like honest to god, if I had your three hundred
Speaker 2: bucks and I had transferred it back, I would be
Speaker 2: sending you a screenshots. But I'd also be like handing
Speaker 2: my phone across the table and have a look, I've
Speaker 2: transferred it here. Where do you think I've gone wrong?
Speaker 2: Do you need screenshots of my entire banking history? Like
Speaker 2: this has never happened before. Double check that out. Yeah,
Speaker 2: can you just check your bsban account number? Maybe I
Speaker 2: transferred it to the wrong thing. Like I'd be literally
Speaker 2: handing my phone across the table being like, can you
Speaker 2: have a look at this too, because I automatically go to,
Speaker 2: oh my god, someone might not trust me. Yeah, Like
Speaker 2: I don't want that. I want to be like so transparent.
Speaker 2: So it is really confusing to me when people are
Speaker 2: so like, oh no, I sent it, yeah, and then
Speaker 2: provide no proof, totally being a bit avoidant.
Speaker 4: Yea, exactly.
Speaker 2: It feels like it. Yeah. Someone said I've gotten pretty
Speaker 2: good at being confrontational about stuff, but I always end
Speaker 2: up short changed. That's not good. Someone has said, quote
Speaker 2: I don't believe you, big red cross emoji, and then
Speaker 2: quote send picks of transfer for my reference because I'll
Speaker 2: call my bank please, and then big green tick emoji.
Speaker 7: I like that.
Speaker 4: Yeah.
Speaker 2: I feel like every single response is basically us going.
Speaker 2: I mean, there are a few spicy people who are
Speaker 2: not so nice, in which case have a good hard
Speaker 2: think about yourself today, my friend, but everybody else was
Speaker 2: very very helpful in terms of I think just being
Speaker 2: on the same page as us. Like twenty twenty three.
Speaker 2: Everything is tracked. You will be able to track it
Speaker 2: down if your friend shares the receipts and the transfer
Speaker 2: codes and everything else. Money doesn't just go missing, no,
Speaker 2: because if it did, a lot of people would be
Speaker 2: really rich and we wouldn't have any trust in our
Speaker 2: banking system here in Australia.
Speaker 4: Also, if that person wants to give us an update,
Speaker 4: do you ever get the money and tell Allie yes,
Speaker 4: seriously the juice?
Speaker 5: All right, Well, that is all we have got this week,
Speaker 5: my friends.
Speaker 2: Thank you so much for hanging out again, Jess and Beck.
Speaker 2: It's my favorite time of the week having a chat
Speaker 2: with you guys about some spicy topics, also some genuine advice,
Speaker 2: but also learning about the community because you guys are
Speaker 2: literally my favorite. Let's cross our fingers because we're going
Speaker 2: to the podcast Awards literally tonight. We're all jumping in
Speaker 2: the car right now to go to the airport. But
Speaker 2: it's Friday for you, so check on our instagram to
Speaker 2: see if we've got our tail between our legs or
Speaker 2: we wanted award. But we'll see you on Monday, bright
Speaker 2: and early for a money Darius.
Speaker 5: Guys have the best Weekend, We Love You.
Speaker 4: By Guys Bye, did buy?
Speaker 7: Shared on?
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Speaker 2: upon to make an investment or financial decision. If you
Speaker 2: do choose to buy a financial product, read the PDS
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