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Speaker 1: Just before we get started, we'd like to acknowledge and

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Speaker 1: pay respect to Australia's Aboriginal and torrest Rate islander peoples.

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Speaker 1: They're the traditional custodians of the lands, the waterways and

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Speaker 1: the skies all across Australia. We thank you for sharing

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Speaker 1: and for caring for the land.

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Speaker 2: On which we are able to learn.

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Speaker 1: We pay respects to elders past and present, and we

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Speaker 1: share our friendship and our kindness.

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Speaker 3: She's on the Money, She's on the Money. Hello, and

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Speaker 3: welcome to She's on the Money, the podcast for millennials

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Speaker 3: who want financial freedom. Welcome back to another one of

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Speaker 3: our shot back Money Diary mondays, where we get to

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Speaker 3: chat to one of our beautiful community members, learn about them,

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Speaker 3: their money, their life, and ask all the juicy details

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Speaker 3: that Victoria Vine you love to know them.

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Speaker 2: I am so pervy.

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Speaker 3: Well, let me tell you all about our diarists, so,

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Speaker 3: she said. My dad is the son of Polish refugees.

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Speaker 3: I am one of ten children and we grew up

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Speaker 3: in an overcrowded working class home. I have always had

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Speaker 3: social justice in my heart. I worked three to four

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Speaker 3: hospital jobs while studying political science and was the first

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Speaker 3: of my siblings to earn a degree. In my mid twenties,

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Speaker 3: I had a daughter in a relationship which has long

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Speaker 3: since ended. When I was thirty three, my daughter was

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Speaker 3: six years old, I landed my first CE equivalent role.

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Speaker 3: The job was a non for profit membership organization of

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Speaker 3: fifty two thousand and when I left two weeks ago,

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Speaker 3: it was almost eighty two thousand people strong. It was

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Speaker 3: my dream job and aligned completely with my values. I

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Speaker 3: also had taken up roles on a number of different

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Speaker 3: boards and have been honing my skills and have a

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Speaker 3: growing interest in good governance. Five years ago I met

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Speaker 3: a climate change campaigner who I married and had a

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Speaker 3: second baby with, and my story continues to grow.

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Speaker 2: I love this.

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Speaker 1: How cool you're literally living your own dream.

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Speaker 2: Welcome to the show.

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Speaker 4: Hi, thanks for having me.

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Speaker 1: Oh my gosh, now, thank you for coming on. I'm

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Speaker 1: really excited to hear about your journey. Congrats on being

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Speaker 1: the first of your siblings to get a degree.

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Speaker 2: How cool.

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Speaker 5: Yeah, well it was really great, but it was because

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Speaker 5: it was so drummed into us to never accumulate ditch

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Speaker 5: that no one else wanted to get a student loan.

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Speaker 1: So oh yeah, that makes so much. Ye, I'll take

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Speaker 1: it right, Well, you'll take it.

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Speaker 2: I love that.

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Speaker 1: Let's get straight into this because I want to learn

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Speaker 1: all about you. The first question is can you tell

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Speaker 1: us a bit more about your money story?

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Speaker 4: Yeah? Sure.

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Speaker 5: So I was raised one of the metal children of

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Speaker 5: ten and a family of twelve, and we grew up

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Speaker 5: in a neighborhood kind of closely with our grandparents and

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Speaker 5: some aunties and uncles and so on, and so money

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Speaker 5: was always really tight in our family.

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Speaker 4: We had a lot of Vidgy's grown in the backyard.

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Speaker 5: My mum sowed our clothes and mended them and adjusted

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Speaker 5: the hand me downs and that sort of stuff. But

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Speaker 5: it was something my parents kind of argued about a

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Speaker 5: little bit, and like I.

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Speaker 4: Said, we were taught dick was a bad thing.

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Speaker 5: However, I went off and got a student loan right

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Speaker 5: after all, and my twenties were kind of a mixed

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Speaker 5: bag of you know, living worth quite low wages, having

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Speaker 5: my daughter trying to paid down my student loan, et cetera.

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Speaker 5: And then eventually I worked my way into a senior

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Speaker 5: role in a kind of four purpose not for profit area,

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Speaker 5: which is where I always wanted to work.

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Speaker 4: I always knew I would work for something that related

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Speaker 4: to my values, whether that was paid or not paid.

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Speaker 5: And I was very fortunate that that was paid work

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Speaker 5: because it's allowed me to also have a great time

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Speaker 5: in my thirties and then now going into my forties

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Speaker 5: as well.

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Speaker 1: Oh my gosh, it sounds like as much as money

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Speaker 1: was a little bit tight growing up, that sounds really wholesome.

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Speaker 1: Like I don't know, just the idea that you know,

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Speaker 1: you had veggies growing in the backyard and your mum

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Speaker 1: fixed things. It just sounds like it was a house

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Speaker 1: full of love by the way that you are explaining it,

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Speaker 1: And obviously everyone can't see your face, but like you

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Speaker 1: just glowed when you said that.

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Speaker 2: I was like, how sweet.

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Speaker 5: And I love my siblings, which is not you know,

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Speaker 5: something that's always the case in a large family. But yeah, right, upbringing,

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Speaker 5: I didn't have a lot, but we were happy.

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Speaker 1: Yeah, no, that is so sweet and I definitely got

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Speaker 1: that vibe for him when you were explaining it, I

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Speaker 1: was like, oh, like, I love this. I wish i'd

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Speaker 1: don knew then. All right, next question, I want to

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Speaker 1: know more about your work. What do you do for

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Speaker 1: work and how much money do you earn?

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Speaker 5: So I've been an underutilized worker or unemployed for the

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Speaker 5: last two months.

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Speaker 4: I left my role back in March.

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Speaker 5: And I was leading New Zealand's largest trade union at

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Speaker 5: the time, WOW, which was a great honor. It was

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Speaker 5: amazing to work with such an incredible bunch of people.

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Speaker 5: And like I said, it was a dream job. Just

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Speaker 5: a job you can't really do forever, I would say.

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Speaker 5: And I had set myself a seven year goal and

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Speaker 5: I reached about seven and a half years.

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Speaker 4: I didn't anticipate COVID.

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Speaker 5: That made it a little bit harder, but I was

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Speaker 5: earning when I left one hundred and seventy thousand dollars

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Speaker 5: for annim WOW. Which I've got to say, it feels

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Speaker 5: very uncomfortable still for me to say out loud. I

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Speaker 5: know that guilt about your own income. It doesn't remedy

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Speaker 5: the inequalities and hero and capitalism and stuff like that.

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Speaker 5: But it's difficult to say that knowing how much other

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Speaker 5: people are struggling, especially right now.

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Speaker 4: Yeah, but there it is.

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Speaker 1: I totally get that. But I also look at it

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Speaker 1: and go, well, your role was so impactful. That's absolutely

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Speaker 1: worth it. And the time and the energy and the

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Speaker 1: effort you put into it. I think there's a lot

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Speaker 1: of guilt, but it's more because there's a level of

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Speaker 1: comparison that you're drawing when you look at that, instead

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Speaker 1: of looking at your own achievement where you're at. I

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Speaker 1: think that when it comes to our own salaries really

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Speaker 1: shouldn't be comparing it. We should just be looking at

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Speaker 1: our own situations and what that means for us, and

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Speaker 1: how that means that you can pour from an even

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Speaker 1: more full cup. Right, Like, you're only able to do

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Speaker 1: what you can do because you can look after your

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Speaker 1: kids and look after your world. And I don't know,

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Speaker 1: I feel like you deserve every cent of that. So

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Speaker 1: I hate hearing that You're like, oh, but other people

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Speaker 1: are doing badly. I'm like, yeah, that's why you do

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Speaker 1: what you do, my love, that's why you're working in

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Speaker 1: that industry, so you can change the world.

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Speaker 4: To lift all the boats, you know, with your fide rises.

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Speaker 2: Exactly, exactly, all right. I want to know what is

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Speaker 2: your big money goal.

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Speaker 5: I would have called this a lifestyle goal, but of

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Speaker 5: course I need money to do it. So when I

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Speaker 5: think of myself in twenty years time, in my six days,

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Speaker 5: I want to work half of the year. I want

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Speaker 5: to be obviously mortgage free, but I'd like to work

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Speaker 5: six months of the year and then spend the other

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Speaker 5: six months volunteering or doing some sort of passion project

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Speaker 5: or visiting the grandchildren.

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Speaker 4: I hope I'll have.

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Speaker 5: Or you know, just traveling to meet friends overseas, you know,

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Speaker 5: if that ever happens again. I don't want to have

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Speaker 5: to work every day all day, and I want to

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Speaker 5: enjoy my health while I have it.

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Speaker 1: Yeah, I love that. How are you working towards that

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Speaker 1: at the moment?

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Speaker 5: Well, I mean I'm pain obviously more than I have

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Speaker 5: to off my mortgage, and it's sort of chipping away

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Speaker 5: at it to help us to get mortgage free and

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Speaker 5: maintaining our physical and mental health as well, so that

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Speaker 5: we can play the long game. Because when you do

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Speaker 5: work in kind of for purpose spaces and your activists,

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Speaker 5: that can be quite easy to kind of work.

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Speaker 4: Yourself until you burn out.

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Speaker 5: Yeah, and so I think taking you know, being a

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Speaker 5: bit more mature about our approach to say hour, I mean,

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Speaker 5: mine and my husband, we're both in the space to

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Speaker 5: sort of focus on, yeah, twenty years from now rather

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Speaker 5: than next week.

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Speaker 1: I think that's really smart because people who are in

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Speaker 1: these spaces are so wildly driven and it ends up

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Speaker 1: being to their own demise because you burn yourself out.

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Speaker 1: You need to make sure that you are looking after

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Speaker 1: you so that you can look after the world.

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Speaker 2: I love it.

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Speaker 1: I feel like your mindset around that is so important.

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Speaker 1: Next question I have do you have any investments? If so,

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Speaker 1: what are they?

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Speaker 5: Yes, it currently have twenty thousand dollars in a managed fund.

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Speaker 5: I did have more last year, but when I planned

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Speaker 5: to take a year off work, we kind of reconfigured

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Speaker 5: stuff when we could see that interest rates would be rising,

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Speaker 5: and like I said, we're focusing on paying down the mortgage,

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Speaker 5: so we took some of our investments and paid that

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Speaker 5: down off the mortgage. So I'm interested in what you

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Speaker 5: have to say about that, whether there was a good

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Speaker 5: decision or not. But it could make me feel a

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Speaker 5: little bit more comfortable about then stepping out of paid

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Speaker 5: work for it.

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Speaker 1: For there, I feel like that's an important decision that

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Speaker 1: you made that was in line with making you feel comfortable,

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Speaker 1: and just the financial side of things doesn't make it

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Speaker 1: the right decision.

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Speaker 2: A lot of people always like what's the best.

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Speaker 1: Outcome or what's the best investment Victoria, and it's like, well,

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Speaker 1: it's actually very easy to work out what the best

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Speaker 1: quote performing asset is because you can look up historical

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Speaker 1: performance and you can see what that might look like.

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Speaker 1: But that doesn't mean that for your situation, that's the

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Speaker 1: right asset or the right decision to make sure that

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Speaker 1: you're comfortable and thriving and doing everything that you want

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Speaker 1: to do to achieve your goals. And that's where it's

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Speaker 1: so hard to go, well, I don't know if that

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Speaker 1: was the right decision, but if you're really excited about

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Speaker 1: it, it made you feel super comfortable and now you're doing

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Speaker 1: what you said you were going to do. Like, that's

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Speaker 1: not a bad decision, is it.

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Speaker 4: No? Yes?

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Speaker 1: Sorry, Sorry about the personal finance twist there, but it's

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Speaker 1: one of those things. I don't know your entire personal

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Speaker 1: financial situation. I am endeavoring to learn more on this

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Speaker 1: episode of Money Darries. I promise we will dive a

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Speaker 1: lot deeper than I would on a Facebook post in

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Speaker 1: our group. But it's really important to understand that if

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Speaker 1: that's the thing that made you super comfortable with taking

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Speaker 1: a year off, then arguably that was the best decision

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Speaker 1: for you.

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Speaker 5: Yeah, because also not working, I wouldn't be contributing as

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Speaker 5: much to the fund. So I just sort of thought

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Speaker 5: if we had to refix at a high mortgage rate,

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Speaker 5: and I'm not feeding my investments, and maybe that's just

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Speaker 5: something I can sort of sit and forget for the year.

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Speaker 5: I don't know, I'll poke it back up when I'm

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Speaker 5: in paid employment.

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Speaker 2: Yeah, and that is absolutely fair. All right.

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Speaker 1: Next question, you mentioned a mortgage. The answer is yes,

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Speaker 1: but do you have any debts? If so, what are they?

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Speaker 4: Yeah?

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Speaker 5: So currently three hundred and fifty thousand dollars mortgages.

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Speaker 2: Yep, that's a house.

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Speaker 1: No credit card, no credit cards, no student, don't loan anymore.

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Speaker 4: No go rid of bit when I was thirty two.

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Speaker 2: Oh my gosh, how cool. All right?

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Speaker 1: Next question, I know you're over in New Zealand, you're

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Speaker 1: across the ditch, but do you shot back?

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Speaker 4: No? I don't think we can you shot back over here.

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Speaker 2: We'll rally for it.

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Speaker 5: I do know of an app over here called Bennie,

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Speaker 5: which is a similar idea to shop back, but it

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Speaker 5: has an obligatory portion of it goes to a charity. Oh,

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Speaker 5: co nominate your charity and so you can sort of

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Speaker 5: accumulate your little fund of savings.

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Speaker 2: Yeah, that is cool.

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Speaker 5: Yeah, so it's called Bennie and they're just starting out.

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Speaker 5: But I really like the idea of the ethos behind it.

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Speaker 4: Yeah. I'm not much of an online shopper.

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Speaker 2: Oh my gosh, how cool.

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Speaker 1: All right, next question, I feel like you probably have

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Speaker 1: a couple of these. What is your best money habit?

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Speaker 5: Oh, I have to say it's that I'm a saver,

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Speaker 5: you know, it's just boring.

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Speaker 4: I've been saving for either.

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Speaker 5: I do want to say though, that when I was

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Speaker 5: in my minimum waged work, I wasn't supporting another human beings,

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Speaker 5: it was a little bit easier.

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Speaker 4: But I've always put.

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Speaker 5: Aside money, even when I was in hospitality work. And

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Speaker 5: occasionally it's been a bit rough and I haven't been

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Speaker 5: able to, but as my income's crept up or jumped up,

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Speaker 5: as it has over my life, I've tried to put

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Speaker 5: it away more so that I'm ahead of the kind

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Speaker 5: of lifestyle creep.

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Speaker 4: Yeah.

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Speaker 5: So I've always been putting into superannuation, a little bit

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Speaker 5: of investments, as you know, and a savings account if

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Speaker 5: I can.

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Speaker 2: So, Yeah, where did that come from?

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Speaker 1: How did you know when you were younger that that

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Speaker 1: was a priority because so many of us just don't

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Speaker 1: have that level of financial literacy to go, this is important,

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Speaker 1: and we end up just spending everything that comes into

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Speaker 1: our accounts. Like, where do you think that came from?

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Speaker 5: I think it really did come from that hard message

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Speaker 5: from my parents that you should never get into get

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Speaker 5: if you can help it, that if you.

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Speaker 4: Want something, you should pay for it outright.

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Speaker 5: And then the first thing I ever wanted to do

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Speaker 5: was to travel overseas as a teenager.

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Speaker 4: So it's not something you can hire purchase, right. I

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Speaker 4: had to save up.

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Speaker 5: My money and pay for that ticket, and I just

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Speaker 5: sort of got into the habit of if I wanted something,

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Speaker 5: I would save for it and I would make it

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Speaker 5: happen that way. So it is a bit weird because

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Speaker 5: when I started retirement savings, it was before there was

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Speaker 5: a compulsory superannuation scheme in New Zealand. So I kind

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Speaker 5: of thank my younger self a little bit for having

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Speaker 5: the foresight to go, Okay, I'm in a job, I

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Speaker 5: should be putting something away for when I'm in my sixties,

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Speaker 5: because that's not I think what most teenagers are.

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Speaker 2: No, absolutely not, that's why. I'm like, where is this

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Speaker 2: coming from? Because that's actually crazy.

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Speaker 1: Smart, but not something that a lot of us do

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Speaker 1: or even prioritize, because even I know when I was

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Speaker 1: first working, there's no chance, like you could have told

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Speaker 1: me exactly what it was. And we're in Australia, so

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Speaker 1: superannuation from my entire career has been compulsory. And I

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Speaker 1: still was like, that's waste money. I don't know why

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Speaker 1: we're doing that.

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Speaker 2: That's joke.

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Speaker 1: And now I'm like, you put more in your super,

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Speaker 1: my friend, you get it. So I think it's really

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Speaker 1: important to talk about these things because it's funny when

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Speaker 1: we compare ourselves to people like you Money direst. We'll go, well,

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Speaker 1: she's doing so well. We're like, well, that's of course

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Speaker 1: you started so long ago. And you said, oh, it's

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Speaker 1: pretty boring. I'm just a really good saver. Like, yes,

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Speaker 1: that's the best part of financial literacy. It can be

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Speaker 1: really boring. There's no like magic wand or super exciting

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Speaker 1: outcome that we have to discover. It's actually just a

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Speaker 1: spend less than you earn and save regularly and consistently

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Speaker 1: and think about investing and talk about super or talk

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Speaker 1: about keyway saver or talk about whatever is going to

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Speaker 1: put you in the best possible position, and people.

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Speaker 2: Like that can't be it. No, no, no, no, sit down.

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Speaker 2: That's all we've got.

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Speaker 1: So it is really exciting when you talk about it

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Speaker 1: and people are it's boring. I'm like, no, no, actually

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Speaker 1: that's the answer, Like that's perfect. Let's flip this though,

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Speaker 1: what's your worst money have it?

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Speaker 4: Okay?

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Speaker 5: So I thought of two. In case you roll my

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Speaker 5: first one out of order, I pull you out.

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Speaker 4: My first one is that I'm not a risk taker.

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Speaker 5: And this kind of goes to the whole boring plotting

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Speaker 5: along saving, you know, dollar after dollar thing, which you know,

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Speaker 5: was how I got into my first property and all

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Speaker 5: of that sort of stuff. But when I think back

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Speaker 5: to saving for my superannuation, as you know, in my

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Speaker 5: early twenties, I was still going for like kind of

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Speaker 5: balanced investments instead of and now I look back and

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Speaker 5: I think that's the one time in my life I

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Speaker 5: could have been a little less risk averse, you know,

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Speaker 5: I mean, maybe then I wouldn't have had as much

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Speaker 5: when I withdrew it to pay for my first property,

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Speaker 5: you know, the deposit on my first property.

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Speaker 4: But I don't know. I just there are a few.

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Speaker 5: Decisions I've made over time that I look back on

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Speaker 5: and think, maybe I could have been a little bit

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Speaker 5: more you know, risk taking. I almost bought a studio

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Speaker 5: apartment straight out of university that was going cheap in

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Speaker 5: my neighborhood. I was a single woman and my first

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Speaker 5: you know, full time job, and I talked to myself

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Speaker 5: out of that going. I know, I will never resell

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Speaker 5: a studio apartment. It's too small. You know, it's on

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Speaker 5: a main.

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Speaker 4: Road, blah blah blah. And of course, you know the

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Speaker 4: way that Auckland.

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Speaker 2: Property, no property would have been.

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Speaker 1: Like a studio apartments basically all people can afford now

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Speaker 1: in Auckland, So that makes sense.

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Speaker 5: Yeah, it would have been a great investment for me

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Speaker 5: at that time and a place to live. Of course,

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Speaker 5: I had some dodgy flat mates been there. Made a

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Speaker 5: bad decision, but yeah, so I mean maybe I could

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Speaker 5: have taken a few more risks.

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Speaker 1: I find that super interesting as well, because hindsight's twenty twenty.

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Speaker 1: Imagine if the flip happened and you were like, I'm

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Speaker 1: so glad that I was really risk averse because it

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Speaker 1: saved my butt. If something bad had happened in the

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Speaker 1: economy financially, Like, I just think that you would have

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Speaker 1: been really grateful for that. So I think that looking

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Speaker 1: back at past decisions that we've made, it doesn't help us,

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Speaker 1: but it means that you can actually look at it

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Speaker 1: now and go, how does this shape the decisions I

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Speaker 1: make tomorrow or the decisions I make for future me

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Speaker 1: Because I think too many times we reprimand past selves

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Speaker 1: by being like, oh, I could have just been more risky,

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Speaker 1: or I could have done that better, or I wish

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Speaker 1: I just saved more. Like I think we all look

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Speaker 1: at it like I look at it. Sometimes I'm like,

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Speaker 1: I wish that I just wasn't an idiot with my

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Speaker 1: money in right, I just wish I made good decisions.

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Speaker 1: But you do what you can with the tools and

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Speaker 1: resources that you had at the time. And I'm so

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Speaker 1: beyond impressed that you even thinking about retirement while you

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Speaker 1: were working in your hospital job and at UNI, Like,

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Speaker 1: absolutely not on my radar. So you're miles ahead of

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Speaker 1: me in when it comes to mindset next question, because

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Speaker 1: I do want to deep dive into that dodgy flatmate

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Speaker 1: you had and how that impacted you financially. But I

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Speaker 1: want to ask you, what grade would you give yourself

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Speaker 1: if you were forced to give your money habits?

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Speaker 2: A grade A B.

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Speaker 5: Why Well, I think I'm fairly literate and good at

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Speaker 5: managing my own finances.

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Speaker 4: But I think it's about you know, you don't know

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Speaker 4: what you don't know.

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Speaker 5: But when I go to board meetings, I print out

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Speaker 5: the financials and I read them three times and I

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Speaker 5: put knots on the margins and I have to go

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Speaker 5: through it carefully. And I'll get into these meetings and

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Speaker 5: there'll be people who can just read financial reports and

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Speaker 5: see the trends like it's spot stuff, like it's nothing,

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Speaker 5: and it's like it's natural to them.

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Speaker 4: It's not natural to me.

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Speaker 5: So I know that there's a lot for me to learn,

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Speaker 5: which is why I listen to your podcasts, and so

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Speaker 5: I think there's always room to grow and learn.

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Speaker 4: So I would say a BEE because there's a room

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Speaker 4: for improvement.

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Speaker 1: I love that, and I love that You're like, I

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Speaker 1: don't understand why people are just natural at this. This

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Speaker 1: is so rude, but you're there going, you know what,

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Speaker 1: I'm going to pour over this and really get it.

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Speaker 2: And that's just tenacity. That a lot of people lack.

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Speaker 1: My friend, I have a lot of questions for you

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Speaker 1: after we go to this quick break. Yeah, up, next on,

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Speaker 1: she's on the board meeting. All right, let's get back

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Speaker 1: to it. I want to understand a little bit more

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Speaker 1: about the imposter syndrome that you seem to be suffering from,

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Speaker 1: because you are fierce, you are so wildly passionate about

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Speaker 1: what you do, You're on boards, you are so impressive,

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Speaker 1: and you're sitting in a room of people who are

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Speaker 1: arguably being paid exactly what you're being paid, or very

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Speaker 1: similar because these things in your industry are quite quite

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Speaker 1: set out. From my understanding, where's this imposter syndrome come from?

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Speaker 1: And why are you still struggling with it when you

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Speaker 1: are so wildly powerful?

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Speaker 4: Hey, that's a very frank question.

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Speaker 2: Thanks, I'm very frank.

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Speaker 4: Sorry, No, no, it's a great question.

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Speaker 5: So for all of us, whether where work can they're

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Speaker 5: not for profit space or in the private sector or wherever.

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Speaker 5: You know, every room of decision making has come from

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Speaker 5: a kind of patriarchal, colonial background, right, so the composition

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Speaker 5: of that room will probably not look like you, r I.

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Speaker 5: They probably won't have refugee backgrounds. They may not have

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Speaker 5: brown skin, they're probably not woman, and so that feeling

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Speaker 5: of never seeing yourself and the spaces can make it

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Speaker 5: a bit of an awkward space to enter and to

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Speaker 5: stay in. And I think that we have to together

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Speaker 5: support each other to either pull up a chair to

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Speaker 5: those tables or to get somebody to give up their

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Speaker 5: chair for the voices that aren't in the room, because

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Speaker 5: if we don't change that composition, we will just continue

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Speaker 5: to have people feel like outsiders into the future as well.

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Speaker 4: So, yeah, if I'm.

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Speaker 5: Showing you I have a bit of imposter syndrome, maybe

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Speaker 5: it's because when I started in my first equivalent role,

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Speaker 5: I was a thirty three year old woman, and a

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Speaker 5: lot was made of my youth in particular, but probably

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Speaker 5: my gender as well. And I certainly had a unique background,

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Speaker 5: so there weren't others like me, and.

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Speaker 4: I was aware that I wasn't fitting the mold.

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Speaker 5: And I really hope that what I've done over the

443
00:19:32,640 --> 00:19:35,760
Speaker 5: years in those spaces is to try to normalize having

444
00:19:35,800 --> 00:19:39,880
Speaker 5: new voices and new ways of thinking, and new ideas

445
00:19:39,960 --> 00:19:40,720
Speaker 5: and new ways.

446
00:19:40,480 --> 00:19:42,119
Speaker 4: Of expressing your thoughts as well.

447
00:19:42,480 --> 00:19:45,800
Speaker 5: Coming up in those decision making forums, I hope that

448
00:19:45,840 --> 00:19:46,280
Speaker 5: makes sense.

449
00:19:46,359 --> 00:19:46,960
Speaker 2: Yeah, it does.

450
00:19:47,280 --> 00:19:50,000
Speaker 3: Have you seen that shift over the time that you've

451
00:19:50,000 --> 00:19:52,520
Speaker 3: worked in their space, because obviously as a society, we've

452
00:19:52,560 --> 00:19:56,040
Speaker 3: definitely shifted to be more vocal about the need for

453
00:19:56,119 --> 00:20:00,400
Speaker 3: diversity across all industries and the need for representation can

454
00:20:00,480 --> 00:20:02,680
Speaker 3: see themselves in those rooms and can get a seat

455
00:20:02,720 --> 00:20:06,199
Speaker 3: at the table. Have you seen any change happen in

456
00:20:06,240 --> 00:20:07,760
Speaker 3: the time that you've worked in this space.

457
00:20:08,240 --> 00:20:09,040
Speaker 4: Yeah? Absolutely.

458
00:20:09,119 --> 00:20:11,440
Speaker 5: I mean in the Union movement where I was working,

459
00:20:11,640 --> 00:20:14,800
Speaker 5: there were some very deliberate changes and constitutional changes being

460
00:20:14,840 --> 00:20:17,880
Speaker 5: made within organizations to make sure that we could never

461
00:20:17,920 --> 00:20:20,200
Speaker 5: have a lack of diversity again, which is kind of

462
00:20:20,359 --> 00:20:24,199
Speaker 5: impressive to see. But there are still other kind of

463
00:20:24,560 --> 00:20:28,800
Speaker 5: you know boards where it's still very dominated by men,

464
00:20:29,760 --> 00:20:34,120
Speaker 5: older men, and men who are from European backgrounds. So

465
00:20:34,880 --> 00:20:36,880
Speaker 5: it's a mixed bag. I'll say, there's some really good

466
00:20:36,880 --> 00:20:38,400
Speaker 5: advances being made, and.

467
00:20:38,400 --> 00:20:40,840
Speaker 4: I have to say that even though I want to get.

468
00:20:40,720 --> 00:20:42,680
Speaker 5: Into that governance space a lot more and I really

469
00:20:42,720 --> 00:20:45,280
Speaker 5: do love it, and I say importance of good governance.

470
00:20:45,400 --> 00:20:47,320
Speaker 5: I think everybody who goes onto that space needs to

471
00:20:47,359 --> 00:20:49,919
Speaker 5: ask themselves, if I get that seat, who am I

472
00:20:49,960 --> 00:20:53,480
Speaker 5: getting it in spite of what other voices, maybe even

473
00:20:53,520 --> 00:20:55,400
Speaker 5: more marginalized, aren't going to be heard if I pick

474
00:20:55,480 --> 00:20:59,000
Speaker 5: that set up. And unfortunately, I think there are certain

475
00:20:59,359 --> 00:21:03,440
Speaker 5: people who aren't really born or have not accrued that

476
00:21:03,600 --> 00:21:06,720
Speaker 5: mindset over their lifetime, who sort of feel more entitled

477
00:21:06,760 --> 00:21:07,440
Speaker 5: to that space.

478
00:21:07,640 --> 00:21:08,919
Speaker 4: And that's still the case.

479
00:21:08,800 --> 00:21:10,800
Speaker 5: In ol Tito, in New Zealand, it's probably as well

480
00:21:10,800 --> 00:21:12,320
Speaker 5: as Australia, i'd expect.

481
00:21:12,440 --> 00:21:13,480
Speaker 2: I agree.

482
00:21:13,720 --> 00:21:16,080
Speaker 1: I sit on a board as well, and this is

483
00:21:16,160 --> 00:21:19,720
Speaker 1: a conversation that we as a board have all the time.

484
00:21:20,200 --> 00:21:22,240
Speaker 1: I sit on a board for a charity called TLC

485
00:21:22,400 --> 00:21:24,600
Speaker 1: for Kids and I'm their treasurer. So I talk about

486
00:21:24,600 --> 00:21:27,399
Speaker 1: the financials all the time. And just to let you know,

487
00:21:27,560 --> 00:21:29,719
Speaker 1: it's not that easy. You're right, like you do have

488
00:21:29,760 --> 00:21:32,320
Speaker 1: to pour over the financials to like pull out the

489
00:21:32,359 --> 00:21:35,720
Speaker 1: story and see what's going on the people. Honestly, I

490
00:21:35,720 --> 00:21:38,240
Speaker 1: don't know between you and I the people that just

491
00:21:38,280 --> 00:21:40,399
Speaker 1: get it. I'm like, no, you researched this before you

492
00:21:40,440 --> 00:21:42,480
Speaker 1: came into the room, Like there's no way, there's no

493
00:21:42,520 --> 00:21:44,880
Speaker 1: way that you just saw that story and the financials,

494
00:21:44,920 --> 00:21:46,679
Speaker 1: Like I had to spend two and a half hours

495
00:21:46,720 --> 00:21:49,240
Speaker 1: looking at these to pull that out, there's no way they.

496
00:21:49,160 --> 00:21:52,360
Speaker 4: Just it makes me feel so good to know that.

497
00:21:52,040 --> 00:21:56,080
Speaker 1: Nope, nope, I have to literally pour over the financials

498
00:21:56,080 --> 00:21:58,760
Speaker 1: and you can obviously see just really clear things.

499
00:21:58,840 --> 00:22:02,840
Speaker 2: Right, you can be like loss impressive.

500
00:22:02,480 --> 00:22:05,200
Speaker 1: But when you're trying to drag out the story and go, Okay,

501
00:22:05,200 --> 00:22:06,840
Speaker 1: well what does this mean and how has this been

502
00:22:06,840 --> 00:22:08,600
Speaker 1: flowing and how long has this been happening and what

503
00:22:08,640 --> 00:22:10,760
Speaker 1: are the impacts? Like we've been doing a lot of

504
00:22:10,840 --> 00:22:13,960
Speaker 1: impact research on what does this mean for our charity

505
00:22:14,080 --> 00:22:16,960
Speaker 1: having gone through COVID and we've been supported a little

506
00:22:16,960 --> 00:22:19,280
Speaker 1: bit through having job keeper and things like that, but

507
00:22:19,760 --> 00:22:22,040
Speaker 1: what are the actual impacts and what can we see

508
00:22:22,080 --> 00:22:24,440
Speaker 1: them becoming? Like that takes a lot more time than

509
00:22:24,520 --> 00:22:26,359
Speaker 1: just having a quick look at the P and L.

510
00:22:26,760 --> 00:22:30,040
Speaker 1: Anyway back to this, I feel like boards aren't often

511
00:22:30,080 --> 00:22:33,560
Speaker 1: discussed in our community, and when they are, it's about

512
00:22:33,680 --> 00:22:37,080
Speaker 1: gender diversity. But let's step back a little bit because

513
00:22:37,080 --> 00:22:40,120
Speaker 1: this is a really important conversation, or I believe it's

514
00:22:40,119 --> 00:22:45,200
Speaker 1: a really important conversation. Let's define money diarist, what's the

515
00:22:45,240 --> 00:22:48,240
Speaker 1: purpose of a board, Like, let's share with us she's

516
00:22:48,280 --> 00:22:50,400
Speaker 1: on the money community exactly what that means. And then

517
00:22:50,440 --> 00:22:53,679
Speaker 1: exactly why diversity is so important on a board.

518
00:22:53,920 --> 00:22:56,960
Speaker 5: Oh yeah, So the board is at a high level

519
00:22:57,160 --> 00:23:00,320
Speaker 5: checking that the organization has everything in order for that

520
00:23:00,440 --> 00:23:04,760
Speaker 5: organization to fulfill its purpose. So the purpose is normally

521
00:23:04,760 --> 00:23:07,359
Speaker 5: set out and like a constitution if it's not for

522
00:23:07,400 --> 00:23:11,160
Speaker 5: proper or in some kind of strategy somewhere, if it's

523
00:23:11,200 --> 00:23:15,320
Speaker 5: for profit, and the board is tasked with making sure

524
00:23:16,000 --> 00:23:19,359
Speaker 5: that the money, the decisions, that everything is geared to

525
00:23:19,359 --> 00:23:20,359
Speaker 5: make that happen.

526
00:23:20,480 --> 00:23:22,960
Speaker 1: And there's a lot of responsibility with a board. It's

527
00:23:22,960 --> 00:23:25,320
Speaker 1: not just a room full of floody duddies who just

528
00:23:25,359 --> 00:23:29,159
Speaker 1: talk about the business stuff filters down from the board.

529
00:23:29,240 --> 00:23:31,760
Speaker 1: And I genuinely believe that the dynamic of a board,

530
00:23:31,760 --> 00:23:34,119
Speaker 1: and I'm sure you're the same is what impacts the

531
00:23:34,119 --> 00:23:36,919
Speaker 1: culture of an organization and the way that they step

532
00:23:37,040 --> 00:23:42,000
Speaker 1: forward and actually lead change. So from my perspective, having diversity,

533
00:23:42,160 --> 00:23:46,399
Speaker 1: having different voices, having different people in that board means

534
00:23:46,440 --> 00:23:49,000
Speaker 1: that everything is going to be taken into consideration.

535
00:23:49,359 --> 00:23:51,920
Speaker 2: And I think it's it's you know, like my opinion

536
00:23:52,040 --> 00:23:53,639
Speaker 2: on the Minister for Disability.

537
00:23:53,720 --> 00:23:56,919
Speaker 1: I genuinely believe that Minister should have a disability Like

538
00:23:57,000 --> 00:24:01,480
Speaker 1: you need to understand that circumstance deeply to bring to

539
00:24:01,560 --> 00:24:05,439
Speaker 1: the table things that can facilitate good and solid and

540
00:24:05,480 --> 00:24:09,439
Speaker 1: sustainable change. And you know, as we see, you know

541
00:24:09,520 --> 00:24:12,040
Speaker 1: in Australia and obviously in New Zealand.

542
00:24:12,200 --> 00:24:13,520
Speaker 2: We are making changes.

543
00:24:13,560 --> 00:24:16,040
Speaker 1: But what do you think that we can do as

544
00:24:16,040 --> 00:24:19,480
Speaker 1: a community to demand that that is taken more seriously?

545
00:24:19,760 --> 00:24:22,240
Speaker 1: Because board roles are often quite you know, don't want

546
00:24:22,240 --> 00:24:25,160
Speaker 1: to use the word elitist, but they often are. How

547
00:24:25,200 --> 00:24:27,080
Speaker 1: do we, you know, as the shees on the money

548
00:24:27,080 --> 00:24:30,600
Speaker 1: community support that change positively because we know how much

549
00:24:30,600 --> 00:24:31,600
Speaker 1: of an impact it can have.

550
00:24:33,080 --> 00:24:35,639
Speaker 5: I think that's a really good point to raise up

551
00:24:35,640 --> 00:24:37,719
Speaker 5: in these discussions that you're having and with your audience.

552
00:24:37,760 --> 00:24:39,879
Speaker 5: I mean, first of all, on the point you made

553
00:24:39,920 --> 00:24:43,359
Speaker 5: about culture, I think that's so important. And if the

554
00:24:43,400 --> 00:24:47,240
Speaker 5: culture is if it's a monoculture, that's going to sense

555
00:24:47,720 --> 00:24:50,880
Speaker 5: you know, reports throughout the organization as well and sort

556
00:24:50,880 --> 00:24:53,639
Speaker 5: of reinforce that idea about what a decision maker looks like,

557
00:24:53,680 --> 00:24:56,960
Speaker 5: if you know what I mean. So yeah, board positions

558
00:24:56,960 --> 00:24:59,240
Speaker 5: are of course quite tightly held. I fell into a

559
00:24:59,280 --> 00:25:01,119
Speaker 5: few by virtue of them, position that I held for

560
00:25:01,200 --> 00:25:04,080
Speaker 5: my day job, you know, So it was because of

561
00:25:04,119 --> 00:25:07,000
Speaker 5: that that I was asked to participate in different things. However,

562
00:25:07,240 --> 00:25:09,800
Speaker 5: I then kind of expanded because I wanted to learn

563
00:25:09,840 --> 00:25:13,480
Speaker 5: how different organizations worked. I think there are In New

564
00:25:13,560 --> 00:25:16,480
Speaker 5: Zealand we have groups like the Institute of Directors where

565
00:25:16,480 --> 00:25:18,199
Speaker 5: you can pick up training and you can learn some

566
00:25:18,240 --> 00:25:21,000
Speaker 5: governance skills. I know that the ACTU in Australia does

567
00:25:21,000 --> 00:25:25,040
Speaker 5: some really great governance training and resources for at least unions,

568
00:25:25,040 --> 00:25:27,240
Speaker 5: but there must be other places that you can go

569
00:25:27,320 --> 00:25:32,639
Speaker 5: to for training and even starting out. I want to

570
00:25:32,680 --> 00:25:35,320
Speaker 5: say small, but it is really significant stuff. It's usually

571
00:25:35,320 --> 00:25:38,320
Speaker 5: the unpaid board roles. Like in New Zealand we have

572
00:25:38,400 --> 00:25:41,760
Speaker 5: boards associated with our schools, with boards associated with sports

573
00:25:41,760 --> 00:25:44,359
Speaker 5: clubs and so on. There might be other parts of

574
00:25:44,400 --> 00:25:48,440
Speaker 5: your community that people can just start practicing and learning

575
00:25:48,480 --> 00:25:51,439
Speaker 5: and watching what it's like. And often they're desperate for

576
00:25:51,520 --> 00:25:55,000
Speaker 5: volunteers as well, because these aren't roles that people necessarily want.

577
00:25:55,040 --> 00:25:57,560
Speaker 4: Because maybe those first roles aren't paid roles.

578
00:25:57,680 --> 00:26:00,560
Speaker 5: Yeah, absolutely, but I do think they're still with and

579
00:26:00,680 --> 00:26:04,440
Speaker 5: you'll learn from operating on boards with other more experienced

580
00:26:04,480 --> 00:26:09,000
Speaker 5: governors as well or directors, and yeah.

581
00:26:08,800 --> 00:26:09,440
Speaker 4: Soak it up.

582
00:26:09,520 --> 00:26:11,080
Speaker 5: And the other point I wanted to make because I

583
00:26:11,119 --> 00:26:13,320
Speaker 5: think I gave the you know, the white men I

584
00:26:13,359 --> 00:26:16,520
Speaker 5: had time before is that some of my best mentors

585
00:26:16,560 --> 00:26:18,960
Speaker 5: have been white men, and that's exactly what's happened. I've

586
00:26:18,960 --> 00:26:21,280
Speaker 5: got to sit around tables with them and watch and

587
00:26:21,359 --> 00:26:25,080
Speaker 5: learn and ask questions of them outside the room if

588
00:26:25,119 --> 00:26:27,119
Speaker 5: I think they're too stupid to say across the table.

589
00:26:27,600 --> 00:26:30,239
Speaker 5: And I've been really grateful for that kind of you know,

590
00:26:30,480 --> 00:26:33,239
Speaker 5: confidence and mentorship that they've given me.

591
00:26:33,440 --> 00:26:35,720
Speaker 1: And I think that that's important as well, because I'm

592
00:26:35,800 --> 00:26:39,000
Speaker 1: exactly the same, Like I work in financial services, like

593
00:26:39,280 --> 00:26:42,760
Speaker 1: it's all white men. I went to a conference the

594
00:26:42,840 --> 00:26:45,320
Speaker 1: other day and I was sitting around a bad room

595
00:26:45,400 --> 00:26:47,240
Speaker 1: table and I kind of just put my head in

596
00:26:47,320 --> 00:26:49,080
Speaker 1: my hand and I was like, oh my gosh, like

597
00:26:49,200 --> 00:26:50,440
Speaker 1: this is everything that I.

598
00:26:50,520 --> 00:26:51,639
Speaker 2: Tell my community.

599
00:26:51,800 --> 00:26:54,720
Speaker 1: I dislike I was the only woman in the room

600
00:26:55,000 --> 00:26:58,960
Speaker 1: who was a financial advisor, and I was just so

601
00:26:59,160 --> 00:27:01,960
Speaker 1: shocked that that was circumstance. But then I reframed my

602
00:27:02,000 --> 00:27:04,359
Speaker 1: thinking and I was like, actually, all these people champion me,

603
00:27:04,720 --> 00:27:07,080
Speaker 1: all these people have my back, all these people want

604
00:27:07,080 --> 00:27:10,520
Speaker 1: to see me flourish. All these people want diversity and inclusion,

605
00:27:10,600 --> 00:27:14,040
Speaker 1: and they understand the difference between equality and equity, and

606
00:27:14,080 --> 00:27:17,040
Speaker 1: that's so important, and I think too many times we

607
00:27:17,160 --> 00:27:21,200
Speaker 1: give you know, white men a really hard time when

608
00:27:21,280 --> 00:27:23,680
Speaker 1: so many of them want to champion us and push

609
00:27:23,760 --> 00:27:26,880
Speaker 1: us forward. So I think it's about embracing that change,

610
00:27:27,040 --> 00:27:31,760
Speaker 1: not crucifying what exists, because what exists has always been

611
00:27:31,800 --> 00:27:33,119
Speaker 1: for the greater good as well.

612
00:27:33,480 --> 00:27:34,680
Speaker 2: We just can do better.

613
00:27:34,920 --> 00:27:38,160
Speaker 1: We now know that diversity is incredibly important. It always

614
00:27:38,240 --> 00:27:40,959
Speaker 1: has been, but it's never been embraced, and now it is.

615
00:27:41,280 --> 00:27:43,480
Speaker 1: I think we have a job to make sure that

616
00:27:43,480 --> 00:27:45,960
Speaker 1: that happens. And I think so many of these people

617
00:27:46,000 --> 00:27:49,199
Speaker 1: on boards see that as well. I've had conversations with

618
00:27:49,240 --> 00:27:51,040
Speaker 1: people being like, if someone came along and they were

619
00:27:51,040 --> 00:27:53,200
Speaker 1: better suited for my position, I would give it up.

620
00:27:53,119 --> 00:27:53,760
Speaker 2: In a heartbeat.

621
00:27:53,960 --> 00:27:56,800
Speaker 1: And I think that that's so powerful because often you

622
00:27:56,880 --> 00:27:59,840
Speaker 1: think of board members as people who are there because

623
00:27:59,840 --> 00:28:02,760
Speaker 1: it's the power trip, and some people are there for

624
00:28:02,800 --> 00:28:05,359
Speaker 1: that reason, and that's absolutely the wrong reason to be

625
00:28:05,440 --> 00:28:08,000
Speaker 1: on a board. So I think that you're right embracing

626
00:28:08,040 --> 00:28:11,240
Speaker 1: it's really important, and I think asking questions of businesses

627
00:28:11,240 --> 00:28:13,919
Speaker 1: to make sure that you know their boards are inclusive

628
00:28:13,960 --> 00:28:17,240
Speaker 1: and diverse in when they're not asking why that's the case,

629
00:28:17,640 --> 00:28:20,280
Speaker 1: because it could be for exactly the same reason as

630
00:28:20,560 --> 00:28:21,520
Speaker 1: the conference.

631
00:28:21,160 --> 00:28:22,120
Speaker 2: I was at the other day.

632
00:28:22,400 --> 00:28:25,359
Speaker 1: It's that that is what the industry is saturated with,

633
00:28:25,560 --> 00:28:28,879
Speaker 1: and there are so few female voices that all of

634
00:28:28,960 --> 00:28:31,439
Speaker 1: us are jumping up and down about it. But we

635
00:28:31,560 --> 00:28:33,919
Speaker 1: need the other roles to be filled too, So I

636
00:28:33,920 --> 00:28:36,160
Speaker 1: think it's important to not just crucify and go, oh

637
00:28:36,160 --> 00:28:38,520
Speaker 1: my gosh, I cannot believe they don't have a fifty

638
00:28:38,520 --> 00:28:41,560
Speaker 1: percent female board, Like, let's understand why that's the case

639
00:28:41,600 --> 00:28:44,959
Speaker 1: first before crucifying it, and then if there's good reason

640
00:28:45,360 --> 00:28:47,640
Speaker 1: understanding that, and how do we move forward?

641
00:28:47,840 --> 00:28:49,719
Speaker 5: Can I too, you that a few head listeners who

642
00:28:50,240 --> 00:28:53,479
Speaker 5: are on board and that example you just gave, you know,

643
00:28:53,520 --> 00:28:57,280
Speaker 5: where there aren't other men about and in a space

644
00:28:57,360 --> 00:29:00,400
Speaker 5: opens up and we get another woman or or somebody

645
00:29:00,400 --> 00:29:03,400
Speaker 5: who's voice hasn't been heard there to make sure that

646
00:29:03,800 --> 00:29:06,280
Speaker 5: they feel supported and I'm mentored as well by you,

647
00:29:06,760 --> 00:29:10,000
Speaker 5: because that's been something I found a little bit difficult

648
00:29:10,000 --> 00:29:12,000
Speaker 5: over time, because there was always the young one in

649
00:29:12,040 --> 00:29:14,760
Speaker 5: the room is realizing that in some spaces, I've got

650
00:29:14,760 --> 00:29:17,240
Speaker 5: more knowledge than others and can act to better mentor

651
00:29:17,360 --> 00:29:20,160
Speaker 5: and help other people feel comfortable, and that's how you

652
00:29:20,280 --> 00:29:21,600
Speaker 5: kind of keep.

653
00:29:21,480 --> 00:29:23,840
Speaker 4: The ladder down and keep pulling everyone up.

654
00:29:23,960 --> 00:29:27,160
Speaker 2: Yeah, it's so important.

655
00:29:27,400 --> 00:29:29,800
Speaker 1: I could talk about mentoring for ages, and I will

656
00:29:29,840 --> 00:29:32,280
Speaker 1: talk about mentoring on the podcast at some point because

657
00:29:32,600 --> 00:29:35,600
Speaker 1: just like you, I went to use your name, Money Diarrest.

658
00:29:36,160 --> 00:29:38,400
Speaker 1: Just like you, I'm a very firm believer that mentoring

659
00:29:38,440 --> 00:29:41,240
Speaker 1: isn't about age or tenure. It's actually about skill sharing

660
00:29:41,520 --> 00:29:43,240
Speaker 1: and if you've got a skill, then you can be

661
00:29:43,280 --> 00:29:46,360
Speaker 1: a mentor. Like it's absolutely not about how old you are.

662
00:29:46,440 --> 00:29:50,120
Speaker 1: In fact, I've learned so much, especially in my online business,

663
00:29:50,320 --> 00:29:52,800
Speaker 1: from people who are significantly younger than me, and it

664
00:29:52,880 --> 00:29:55,920
Speaker 1: humbles me every day exactly. But I think that this

665
00:29:56,000 --> 00:29:58,480
Speaker 1: has been a really powerful chat. Definitely hasn't gone down

666
00:29:58,640 --> 00:30:02,000
Speaker 1: the route that I thought it Money Diarist, but I'm

667
00:30:02,000 --> 00:30:04,640
Speaker 1: really grateful for it because I feel like these are

668
00:30:04,680 --> 00:30:06,960
Speaker 1: the conversations I want to be having with our community

669
00:30:07,000 --> 00:30:09,959
Speaker 1: so that they understand that roles like yours exist and

670
00:30:10,000 --> 00:30:12,760
Speaker 1: what that does and how that works, and how important

671
00:30:12,800 --> 00:30:15,360
Speaker 1: it is for companies to have a board of governance

672
00:30:15,400 --> 00:30:17,680
Speaker 1: to make sure that companies are doing the right thing,

673
00:30:18,000 --> 00:30:21,280
Speaker 1: because ultimately it's for you, like it's for the community,

674
00:30:21,680 --> 00:30:24,040
Speaker 1: like it's to keep you safe and secure and happy,

675
00:30:24,080 --> 00:30:27,800
Speaker 1: and yeah, I'm just I'm really passionate about this area.

676
00:30:27,840 --> 00:30:29,480
Speaker 2: So I'm glad we got to have this chat before

677
00:30:29,520 --> 00:30:29,760
Speaker 2: we go.

678
00:30:29,920 --> 00:30:32,960
Speaker 3: I just wanted to ask you mentioned that your last

679
00:30:33,040 --> 00:30:35,440
Speaker 3: role was your dream role, and obviously you've stepped away

680
00:30:35,440 --> 00:30:35,760
Speaker 3: from that.

681
00:30:36,240 --> 00:30:38,040
Speaker 2: What's your plan going forward?

682
00:30:38,120 --> 00:30:40,360
Speaker 3: Are you planning on taking a bit of a significant

683
00:30:40,440 --> 00:30:43,200
Speaker 3: leave of absence. Are you setting yourself up to kind

684
00:30:43,240 --> 00:30:45,760
Speaker 3: of do that hybrid six month in six month out?

685
00:30:45,960 --> 00:30:47,280
Speaker 3: What are you looking to do now?

686
00:30:47,760 --> 00:30:49,720
Speaker 5: Yeah, well, the six month and six month out was

687
00:30:50,400 --> 00:30:53,000
Speaker 5: longer time plan for twenty years or so. I think

688
00:30:53,040 --> 00:30:55,480
Speaker 5: I will have to get back into full time work.

689
00:30:55,520 --> 00:30:58,680
Speaker 5: It's some sage or will want to. My son's three,

690
00:30:59,000 --> 00:31:02,280
Speaker 5: and he's had health issues over his life so far,

691
00:31:02,400 --> 00:31:05,160
Speaker 5: short life, so I'm really happy to take the rest

692
00:31:05,200 --> 00:31:07,600
Speaker 5: of the year. So I planned from March till November

693
00:31:07,640 --> 00:31:09,600
Speaker 5: without work and just to sort of take that time

694
00:31:09,640 --> 00:31:12,480
Speaker 5: to figure out what to do next and just feel

695
00:31:12,600 --> 00:31:15,240
Speaker 5: so just so happy that I'm in the position to

696
00:31:15,240 --> 00:31:17,000
Speaker 5: be able to do that. You know, it's a bit

697
00:31:17,040 --> 00:31:18,840
Speaker 5: of a dream just to say I'm going to take

698
00:31:18,880 --> 00:31:21,480
Speaker 5: some time out and sit back and see what comes

699
00:31:21,680 --> 00:31:23,240
Speaker 5: or what drives me after that.

700
00:31:23,600 --> 00:31:25,600
Speaker 4: But every day is a bit different.

701
00:31:25,640 --> 00:31:27,360
Speaker 5: At the moment, I know it's going to be something

702
00:31:27,400 --> 00:31:30,240
Speaker 5: that relates to social justice, and that is for the

703
00:31:30,280 --> 00:31:34,560
Speaker 5: good of the environment, for women, for people, and for

704
00:31:34,640 --> 00:31:38,680
Speaker 5: economic justice. Probably, I know that that's what drives me. However,

705
00:31:39,160 --> 00:31:41,400
Speaker 5: what shape or format takes, I don't know. I work

706
00:31:41,480 --> 00:31:42,960
Speaker 5: up a few days ago and decided I wanted to

707
00:31:43,000 --> 00:31:43,280
Speaker 5: go to.

708
00:31:43,240 --> 00:31:45,000
Speaker 2: Med school, so oh my god.

709
00:31:46,200 --> 00:31:48,600
Speaker 5: I mean, you know, I dismissed that after I realized

710
00:31:48,600 --> 00:31:50,160
Speaker 5: I'd be like fifty by the time I was in

711
00:31:50,200 --> 00:31:51,000
Speaker 5: general practice.

712
00:31:51,040 --> 00:31:55,040
Speaker 2: So that's that's all right, No such things too late.

713
00:31:55,240 --> 00:31:56,960
Speaker 4: I'm just having some wild ideas about what I'm not

714
00:31:57,040 --> 00:31:57,760
Speaker 4: doing next secually.

715
00:31:57,760 --> 00:32:00,120
Speaker 3: To be honest, the world is your oyster, though, and

716
00:32:00,160 --> 00:32:02,560
Speaker 3: I think that that's something that's really good to see,

717
00:32:02,760 --> 00:32:05,360
Speaker 3: is being like, there's not an age limit on deciding

718
00:32:05,360 --> 00:32:07,160
Speaker 3: that you want to change your path. You could be

719
00:32:07,200 --> 00:32:09,160
Speaker 3: seventy years old and go, oh, actually I want to

720
00:32:09,240 --> 00:32:11,360
Speaker 3: learn a new skill or I want to try something different,

721
00:32:11,680 --> 00:32:13,720
Speaker 3: and we get really set. I think in the idea

722
00:32:13,720 --> 00:32:16,520
Speaker 3: that your career path is direct and linear, and I

723
00:32:16,560 --> 00:32:18,920
Speaker 3: know for me personally that hasn't been the case at all,

724
00:32:19,360 --> 00:32:21,520
Speaker 3: And I think it's really refreshing to be like, oh

725
00:32:21,560 --> 00:32:22,800
Speaker 3: my god, I woke up one day and I wanted

726
00:32:22,800 --> 00:32:25,360
Speaker 3: to do this thing and that's valid, Like that's not

727
00:32:25,400 --> 00:32:28,000
Speaker 3: a whim. Maybe it just means that you've awoken a

728
00:32:28,080 --> 00:32:31,520
Speaker 3: passion that you hadn't recognized before, and now that you

729
00:32:31,560 --> 00:32:34,120
Speaker 3: know that it's there, why not pursue it?

730
00:32:34,400 --> 00:32:34,720
Speaker 2: Why not?

731
00:32:35,080 --> 00:32:36,800
Speaker 5: H thank you, thank you for not saying it's my

732
00:32:36,840 --> 00:32:39,800
Speaker 5: midlife crisis.

733
00:32:38,080 --> 00:32:38,120
Speaker 4: No.

734
00:32:40,920 --> 00:32:44,280
Speaker 1: No, I think that it's interesting as well, because you

735
00:32:44,360 --> 00:32:46,600
Speaker 1: were probably looking at that and going all right, well

736
00:32:46,640 --> 00:32:49,840
Speaker 1: I wouldn't be in practice until I'm fifty, and you go, wow,

737
00:32:50,120 --> 00:32:52,720
Speaker 1: like imagine how many years after that, Like you will

738
00:32:52,720 --> 00:32:55,440
Speaker 1: probably still be in practice another twenty years after that,

739
00:32:55,840 --> 00:32:58,200
Speaker 1: plus like if you've got your health now, like why

740
00:32:58,200 --> 00:33:02,360
Speaker 1: would that not be the case? Like that's twenty years

741
00:33:02,360 --> 00:33:04,520
Speaker 1: of really impactful work that you would be doing.

742
00:33:04,560 --> 00:33:06,040
Speaker 2: That it's absolutely worth it.

743
00:33:06,080 --> 00:33:08,360
Speaker 1: But I'm very much embrace what you want to do,

744
00:33:08,440 --> 00:33:10,040
Speaker 1: because there's no such thing as too late.

745
00:33:10,400 --> 00:33:12,400
Speaker 5: Stop at you all encouragement to do it, do it,

746
00:33:12,480 --> 00:33:14,760
Speaker 5: go to medical, go to meds.

747
00:33:14,800 --> 00:33:16,880
Speaker 1: But it's one of those things where if that's your passion,

748
00:33:16,960 --> 00:33:20,400
Speaker 1: do it, follow it because it's not about what you earn,

749
00:33:20,520 --> 00:33:23,560
Speaker 1: it's actually about how you feel. And there's a lot

750
00:33:23,600 --> 00:33:26,000
Speaker 1: of research to say, you know, as much as we can,

751
00:33:26,080 --> 00:33:27,880
Speaker 1: you know, loop back to what you said before, like

752
00:33:27,920 --> 00:33:30,440
Speaker 1: you had a really high income, that's not the thing

753
00:33:30,520 --> 00:33:33,680
Speaker 1: that sparks joy. There's research to say that that actually

754
00:33:33,720 --> 00:33:37,840
Speaker 1: caps out after about eighty thousand dollars, your happiness doesn't increase.

755
00:33:38,320 --> 00:33:41,000
Speaker 1: So what can we do to fulfill our lives in

756
00:33:41,040 --> 00:33:43,200
Speaker 1: every other way? And obviously we didn't get time to

757
00:33:43,240 --> 00:33:45,240
Speaker 1: talk about your son today, but like if you're saying

758
00:33:45,320 --> 00:33:48,480
Speaker 1: he's not well, like, it's really important to be embracing

759
00:33:48,520 --> 00:33:50,800
Speaker 1: the things in our life that really spark joy and

760
00:33:50,840 --> 00:33:52,560
Speaker 1: that make us happy and make us feel like we're

761
00:33:52,560 --> 00:33:54,720
Speaker 1: having an impact. And I just think that you're doing that.

762
00:33:54,800 --> 00:33:56,920
Speaker 1: And I'm really proud to say that you're a part

763
00:33:56,960 --> 00:33:59,520
Speaker 1: of our community. So thank you for sharing your story

764
00:33:59,560 --> 00:34:02,360
Speaker 1: and hanging out with us today and ranting about boards

765
00:34:02,360 --> 00:34:02,680
Speaker 1: with me.

766
00:34:03,280 --> 00:34:05,320
Speaker 4: Thank you so much. It's been such a pleasure.

767
00:34:05,440 --> 00:34:07,080
Speaker 3: It's been incredible. And if you want to have more

768
00:34:07,080 --> 00:34:09,400
Speaker 3: of those conversations, you can join our Facebook group. We

769
00:34:09,440 --> 00:34:11,960
Speaker 3: have conversations like that every week. Search She's on the

770
00:34:12,000 --> 00:34:14,760
Speaker 3: money and we're on Instagram and TikTok now as wow.

771
00:34:14,760 --> 00:34:17,040
Speaker 1: Gosh, don't talk about a day. Dan still on TikTok

772
00:34:17,080 --> 00:34:17,960
Speaker 1: the other day in that.

773
00:34:18,280 --> 00:34:21,040
Speaker 4: Ce fantastic, thank you, thank you.

774
00:34:21,120 --> 00:34:23,320
Speaker 2: So it was terrible. It took a lot of shots

775
00:34:23,400 --> 00:34:24,520
Speaker 2: and then it wasn't even right.

776
00:34:24,600 --> 00:34:26,480
Speaker 1: I was like, we're just calling it, We're just putting

777
00:34:26,480 --> 00:34:27,560
Speaker 1: it out, we're calling it.

778
00:34:27,719 --> 00:34:30,319
Speaker 3: So so she's on the money, aus. But don't forget, guys,

779
00:34:30,320 --> 00:34:32,000
Speaker 3: that the advice shared on shees on the money is

780
00:34:32,040 --> 00:34:35,280
Speaker 3: general in nature and just not consider your individual circumstances.

781
00:34:35,560 --> 00:34:38,319
Speaker 3: She's on the money exists purely for educational purposes and

782
00:34:38,360 --> 00:34:40,560
Speaker 3: should not be relied upon to make an investment or

783
00:34:40,600 --> 00:34:43,799
Speaker 3: a financial decision. And we promise Victoria divine and She's

784
00:34:43,800 --> 00:34:47,240
Speaker 3: on the Money. Are authorized representatives of Infocused Securities Australia

785
00:34:47,239 --> 00:34:50,799
Speaker 3: Proprietary Limited ABN four seven oh nine seven seven nine

786
00:34:50,920 --> 00:34:54,280
Speaker 3: seven oh four nine AFSL two three six five two three.

787
00:34:54,400 --> 00:34:55,959
Speaker 2: See you on Wednesday, guys, Bie

788
00:35:00,440 --> 00:35:01,680
Speaker 1: The Sea