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 through.
Speaker 1: As this podcast is about connecting, empowering, knowledge sharing and
Speaker 1: the storytelling of you to make a difference for today
Speaker 1: and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 4: Hello, and welcome to she He's on the Money, the
Speaker 4: podcast Millennials who Want Financial Freedom. Today is Friday, which
Speaker 4: means it's time to get the team together and celebrate
Speaker 4: you the incredible She's on the Money community. Today, we'll
Speaker 4: be sharing our favorite money wins. Beck will be sharing
Speaker 4: a fun broke tip, and we'll be helping to answer
Speaker 4: a juicy money dilemma, which this week is all about
Speaker 4: breaking down that mental barrier of investing in your side hustle.
Speaker 4: We're also going to unpack something that you slid into
Speaker 4: our DMS out which this week is what to do
Speaker 4: when a family member takes a pet off of your
Speaker 4: hands but then follows you up for the vet bills,
Speaker 4: which I'm very excited to get into. But before we do,
Speaker 4: no VD this week I know is a strange She's
Speaker 4: away with her beautiful, beautiful bubba.
Speaker 2: So today you might hear a new voice.
Speaker 5: We are joined today by a friend of the show,
Speaker 5: Jasmine garnes Worthy. Jazz, you have joined us before on
Speaker 5: the show, but for those who don't know, can you
Speaker 5: tell us a little bit about yourself.
Speaker 6: Hi, I am so pumped to be here and very excited, Victoria,
Speaker 6: what a time. I am the creator of Female found World.
Speaker 6: We are a community for women building businesses and based
Speaker 6: out of the US, but we're starting to do a
Speaker 6: bunch in Australia as well. And you know, I'm based
Speaker 6: out of New York, so I'm remote today but so
Speaker 6: excited to chat with you guys and go through all
Speaker 6: of those fun topics.
Speaker 2: Yeah, we had so much fun.
Speaker 4: VD sat down with you when we were in New York,
Speaker 4: which is so exciting. What a crazy times. People should
Speaker 4: definitely go back if you haven't listened to that episode.
Speaker 4: Because it was such a good one.
Speaker 2: But should we have a little bit of normalcy. Tell me,
Speaker 2: how is your week? Everybody?
Speaker 5: Yeah, well, I'll go first, just because it's gonna be
Speaker 5: really quick. For me, it's been really chill. I've done
Speaker 5: nothing but go to the gym. I'm obsessed with the
Speaker 5: gym at the moment. And that is my day on
Speaker 5: a plate. That's my week on a plate. Actually, Jazz,
Speaker 5: how's your week been?
Speaker 6: Oh, it's been pretty good, but quite full on. My
Speaker 6: husband has been finishing up paternity leave. So I feel
Speaker 6: like I've been lulled into this false sense of what
Speaker 6: the situation is the one year old and and you know,
Speaker 6: I feel like for anyone who has little babies and
Speaker 6: at home, it's full on. And so it was really
Speaker 6: great having him around to help. But back to work,
Speaker 6: back to the real world for him.
Speaker 2: Was he for that full year?
Speaker 6: He u said, you know, he did it in three batches,
Speaker 6: which has been so lucky. He had three sets of
Speaker 6: six weeks, which was just incredible. And he took the
Speaker 6: last six weeks just before a baby turned one.
Speaker 4: Oh, that is actually a really cool system. I've never
Speaker 4: heard of anyone breaking it up like that. But I
Speaker 4: feel like it's a nice way to almost dip your
Speaker 4: toe in, isn't it into the kind of you know,
Speaker 4: having someone there, not having someone there?
Speaker 2: Then you have them there for a little bit, and.
Speaker 4: Then you kind of got to reel it back in
Speaker 4: before you get used to it, which is crazy, but
Speaker 4: what a wild time for you. I can't imagine doing
Speaker 4: everything that you do and having a one year old
Speaker 4: in toe now as well?
Speaker 2: Well you do it all. Yes, seriously, that is so impressive.
Speaker 6: It's full on, but like so many people do it,
Speaker 6: and I've just been, you know, really trying to follow
Speaker 6: them and watch them and just think, Okay, they can
Speaker 6: do it. I can do it too.
Speaker 2: Yeah. Love that? Love that all right? Jess, have you
Speaker 2: got some money wins for us? I absolutely do.
Speaker 4: Let me start off this week with a money win
Speaker 4: from Belinda, who said money win. I've become obsessed with
Speaker 4: audiobooks recently. Spotify include them on a premium subscription, but
Speaker 4: only fifteen hours worth, which doesn't always cover the book.
Speaker 4: Didn't realize it took so long to listen to a book,
Speaker 4: that's crazy. I googled and found that Audible was sixteen
Speaker 4: ninety five a month, which I didn't think was too bad,
Speaker 4: but then I realized that only includes one credit. Then
Speaker 4: my Auntie told me you can download the Libby app.
Speaker 4: It's free with a local library card subscription, and there's
Speaker 4: always something to listen to, so effectively you can check
Speaker 4: out an audiobook in the same way that you would
Speaker 4: check out a regular book. She said, what a win. Plus,
Speaker 4: I'm getting through lots more books while driving and cooking
Speaker 4: than I ever could read physically.
Speaker 2: I really like that.
Speaker 4: I'd never heard of. Oh, actually, I think someone had
Speaker 4: mentioned that app in the group before. But a really
Speaker 4: good reminder. A tree with a library card. That's awesome. Next,
Speaker 4: I've got a money win from Nicole, who said I
Speaker 4: bought a couple of bits in the post Christmas sales
Speaker 4: from Mecca and Sephora to save for friends' birthday gifts
Speaker 4: that are coming up. Cool, really smart. We love thinking ahead,
Speaker 4: Mel said money win. I've gotten two zippers repaired this
Speaker 4: week at a local outdoor type store, one for my
Speaker 4: running pack and the other for Hubby's day pack. It
Speaker 4: costs less than a hundred dollars to repair them, and
Speaker 4: it saved me like five hundred dollars that I was
Speaker 4: going to spend on buying new replacements. Plus it also
Speaker 4: gave me the warm fuzzies to repair something rather than
Speaker 4: throwing it out.
Speaker 2: Nothing more satisfying that I so.
Speaker 4: Often think, Oh, I need to replace something when it breaks,
Speaker 4: instead of just going how can I fix it? And
Speaker 4: I feel like that's a habit of our generation because
Speaker 4: I think if I think about my parents, whenever something
Speaker 4: would break, they'd be darning it, or they'd be patching it,
Speaker 4: or they finding a way to keep it going.
Speaker 2: I think I haven't heard that word. And why after you.
Speaker 4: Brought up haberdashers, I'm like, are you sure you're habitashrous?
Speaker 4: I did some research, but I really like I love
Speaker 4: the idea of finding a way to kind of make
Speaker 4: it work. And then lastly, I have a money in
Speaker 4: from Kaylor who said I got a second housemate and
Speaker 4: now I'm getting four hundred dollars a week between the
Speaker 4: two housemates that I have, which is just shy of
Speaker 4: my mortgage replayment. Plus I'm getting back into selling and
Speaker 4: reselling things, so I'm making money back there too. So
Speaker 4: it sounds like she's a living landlord with housemates who
Speaker 4: are almost covering the mortgage.
Speaker 2: It sounds pretty.
Speaker 3: Nice to me.
Speaker 5: Sounds pretty nice and that I shouldn't say too much
Speaker 5: because it's good clever.
Speaker 2: I'm going to make it very clever. It is very clever.
Speaker 4: But that's not all because we did say anyone who's
Speaker 4: going to come on the show, you had to bring
Speaker 4: a little something to something of your own. So Jazz,
Speaker 4: have you got a money of your own to share
Speaker 4: with us?
Speaker 6: Yes, actually very similar to one of the ones that
Speaker 6: we just heard. But I have been visiting Australia, visiting
Speaker 6: family and heading back to the US and have been
Speaker 6: just stocked up on our winter wardrobe from Australia where
Speaker 6: everything is discounted because we're in the middle of summer
Speaker 6: over there. So that has been a big save when
Speaker 6: I look at the year ahead. And the other thing
Speaker 6: is I also dropped an online course, made more money
Speaker 6: than I thought that we would, and it's just been
Speaker 6: a real eye opener about different ways of increasing your income.
Speaker 6: I've never really thought about those kind of like digital
Speaker 6: products as being something that would really work, and it
Speaker 6: launched this week and has just been pretty incredible and
Speaker 6: a big eye opener about the potential there concrats.
Speaker 4: That's so exciting She's on the money does a few
Speaker 4: different online courses and it's really cool because it's such
Speaker 4: a great way to help other people.
Speaker 2: It allows them to learn at their own pace.
Speaker 4: We have a lot of people who are neurodiverse in
Speaker 4: our community, and you know, people with ADHD and things
Speaker 4: like that. Often traditional learning doesn't work for them. So
Speaker 4: online courses are awesome because, as you said, as a
Speaker 4: business owner, for you or for someone like Victoria, it's
Speaker 4: an additional income stream. It's a really cool way to
Speaker 4: connect with people. But it's such a cool way to
Speaker 4: help consumers as well. What was your course about.
Speaker 6: It's called Retail Bootcamp and it's all about how to
Speaker 6: prepare a business to grow through independent retail stoppice, which
Speaker 6: is something that a lot of those small businesses, you know,
Speaker 6: they want to go after a big target or a
Speaker 6: Sephora or one of those big retailers, but or in
Speaker 6: Australia you know Coals or something like that. But really
Speaker 6: the way that a lot of these businesses are getting
Speaker 6: significant revenue and enough income to quit their jobs and
Speaker 6: do it full time is through these independent stockers. And
Speaker 6: so we worked with a bunch of businesses who are
Speaker 6: doing a lot of revenue through those channels and just
Speaker 6: put together this course like this is how you do that.
Speaker 6: And I've done the Money boot Camp or the Budget
Speaker 6: boot Camp with She's on the Money and loved it,
Speaker 6: very inspired by it.
Speaker 4: It's very cool. I love the budget tool in that course.
Speaker 4: But that's a really cool concept. I always wonder how
Speaker 4: products gain to pick companies. So you go, how did
Speaker 4: Coles decide to have this brand of oatmeal considered that
Speaker 4: brand of oatmeal or whatever? Because that's so interesting.
Speaker 2: Congrats, thank you.
Speaker 5: Okay, So I actually have two broake tips, one for myself,
Speaker 5: one from the community, and I think Jazz you might
Speaker 5: have one for yourself after that, I've got one amazing Okay,
Speaker 5: So first one from me, this one comes from Amy.
Speaker 5: This one again and I'm trying to steer away from this,
Speaker 5: but it probably is more for people who live in Melbourne.
Speaker 5: I'm sure there's an equivalent in other cities and states.
Speaker 5: But Amy says shop at cheaper by Miles for cheap
Speaker 5: pantry items.
Speaker 2: Have you heard cheap miles. I feel like we've mentioned
Speaker 2: it on the pod before, but for those who don't know.
Speaker 5: Yes, for those who don't know, it's basically, I believe
Speaker 5: it's like a store. It's like a regular grocery store,
Speaker 5: but I think it's like things that are being thrown
Speaker 5: out or discontinued that are still good. You're still edible,
Speaker 5: you can still use them, but they're just for whatever reason,
Speaker 5: not good enough for all worth and so and everything
Speaker 5: is so so so cheap. So I would recommend see
Speaker 5: if there's anything like that around you and shopping there
Speaker 5: instead of your Woolworths, your coals, your you know, places
Speaker 5: like that shop there too. I don't know if they're
Speaker 5: gonna we're gonna get in trouble.
Speaker 4: Of saying, I'm sure if we pop a throat in
Speaker 4: the Facebook group, I'm sure that people would be able
Speaker 4: to share an equivalent of that kind of store in
Speaker 4: the state that they're in.
Speaker 2: Totally, totally I agree. And then one for myself.
Speaker 5: So I used to do this when I lived with
Speaker 5: my best friend on the we had a fireplace, but
Speaker 5: this is also handy for if you have a bonfire
Speaker 5: or anything like that, especially during the winter. We would
Speaker 5: look on Marketplace and oftentimes there would be like in
Speaker 5: the free section, like spare bits of firewood from work
Speaker 5: sites or residential houses. From like renovations and things like that,
Speaker 5: just like spare bits of firewood that make sure you've
Speaker 5: got to make sure it's not treated and make sure
Speaker 5: you have permission. But if you're on a marketplace, you
Speaker 5: have permission. It's good for everyone involved because you get
Speaker 5: free fire wood for your fireplace that's warmth during the winter.
Speaker 5: And also they don't want to have to pay to
Speaker 5: get rid of it, so it's win win win.
Speaker 2: That's me jazz, if you feel free to share your
Speaker 2: break to here.
Speaker 6: Okay, So I just went through and did this in
Speaker 6: my business, and now I'm about to go through and
Speaker 6: do it my personal life as well. And I went
Speaker 6: through all of my subscriptions, so the businesses that I'm
Speaker 6: subscribed to annually, and I reach out to them and
Speaker 6: I said, hey, I'm a small business. I'm a small
Speaker 6: woman owned business. We are doing this service and you know,
Speaker 6: we're really rooted in social good. Is there anything you
Speaker 6: can do to reduce your subscription rate? And so many
Speaker 6: of them came back and said yes. So I've instantly
Speaker 6: saved a couple of hundred bucks in the business looking
Speaker 6: ahead for twenty twenty four.
Speaker 2: That's cool.
Speaker 6: Yes, yes, and a lot of these startups. So you
Speaker 6: know who we subscribe to to host the podcast. They
Speaker 6: have a small team, and I've reached out to them directly,
Speaker 6: got an email back and instantly saved on that, which
Speaker 6: I'm thrilled about. And now I'm like, Okay, how many
Speaker 6: subscriptions do I have in my personal life? And who
Speaker 6: can I email to get a reduction on that? When
Speaker 6: I'm signing up for the year as well. I love
Speaker 6: that if you don't ask, you don't get.
Speaker 4: Yeah, And we have a lot of people in the
Speaker 4: Shoes and the money community who are small business owners
Speaker 4: or who work in nonprofits, so I feel like it
Speaker 4: would never have occurred to me. We've spoken before about
Speaker 4: going through and doing an audit of your subscriptions and
Speaker 4: getting rid of things that you don't need, but I
Speaker 4: don't think we've ever thought of going through and seeing
Speaker 4: if you can get a discount particular, you know, if
Speaker 4: you share a bit about you and your background and
Speaker 4: what you do.
Speaker 2: That is such a good idea.
Speaker 7: Hmm.
Speaker 2: I love that.
Speaker 4: All right, let's head to a really quick break, you guys,
Speaker 4: and when we come back, we're going to jump into
Speaker 4: our juicy juicy money dilemma as well as answering a
Speaker 4: question all about what to do when a family member
Speaker 4: is looking after a pet for you don't go anywhere.
Speaker 2: Welcome back everyone. Here's our money dilemma.
Speaker 5: Hi.
Speaker 8: There, have you got a money dilemma you just can't solve?
Speaker 8: The Sheese on the Money team is here to help.
Speaker 8: Every week, we tackle your dilemmas, both big and small,
Speaker 8: to answer your most burning money, career and life questions.
Speaker 8: To get involved, simply head to our website and leave
Speaker 8: us a short voice recording and you might just find
Speaker 8: yourself on the show. Now, let's take a listen to
Speaker 8: this week's money dilemma.
Speaker 5: Hi.
Speaker 7: Girls, I've made the decision this year to pursue my
Speaker 7: dream of starting my side hustle, which I'm so excited about.
Speaker 7: But as I've started doing research into everything, I'm realizing
Speaker 7: that it's a super big investment. I do have money,
Speaker 7: so but I'm finding I have a bit of a
Speaker 7: mental block parting with the money, thinking that I may
Speaker 7: not get it back. Any tips would be appreciated.
Speaker 2: Thanks, Oh good one.
Speaker 4: I like that our listener used the word investing in
Speaker 4: their side hustle because I feel like that kind of
Speaker 4: aligns with what they're saying about not knowing if the
Speaker 4: money is going to come back or not, which is
Speaker 4: kind of true for any investment that you make. But
Speaker 4: I feel like, Chas, you have so much to kind
Speaker 4: of share on this. I would love to hear how
Speaker 4: you decided that it was time to take that jump.
Speaker 4: Did you have the same kind of feelings about investing
Speaker 4: in what may have been a side hustle to start
Speaker 4: off with?
Speaker 6: Absolutely, Okay, I do have so many thoughts about this.
Speaker 6: First of all, I just want to tell this person
Speaker 6: to do it, and I'll give some tips about overcoming
Speaker 6: that mental block in a second.
Speaker 2: But do it.
Speaker 6: Don't hold back. You're not going to regret it. If
Speaker 6: you're in the same place any year's time and you
Speaker 6: didn't invest in it and try to do this, you're
Speaker 6: going to regret it. So one hundred percent, go and
Speaker 6: do it. Is one of those things that even if
Speaker 6: this isn't the thing, it's going to get you a
Speaker 6: step closer to thing, and that is always worth investing in.
Speaker 6: But in terms of actually overcoming that mental block, for me,
Speaker 6: I worked full time while doing my side hustle and
Speaker 6: made sure that what I was investing into the business
Speaker 6: was what I could genuinely afford. So it really took
Speaker 6: the pressure off in that way. And I also, you know,
Speaker 6: built the business to be profitable from the beginning. And
Speaker 6: if you're somebody who has an inventory based business, you're
Speaker 6: selling a physical product. That can be difficult because product
Speaker 6: it's expensive to get started. Maybe you're get doing some
Speaker 6: branding and you know you have to put some money
Speaker 6: up front, but you have to understand the numbers there
Speaker 6: to realize, Okay, if I sell this many products within
Speaker 6: this amount of time, or if I get this many
Speaker 6: clients within this amount of time, I'm going to be profitable.
Speaker 6: I think that there's so much content out there right
Speaker 6: now that is actually geared towards these big companies that
Speaker 6: have investors in venture backing, and they're talking about grow
Speaker 6: at all costs and get as many customers as you can,
Speaker 6: and it's just not the right advice for most of
Speaker 6: us building businesses and side hustles. We need to be
Speaker 6: thinking about that profitability and really the practical stuff about
Speaker 6: how do I support my life or how do I
Speaker 6: actually add more money to my life through this venture,
Speaker 6: And so make sure all of that math is mathing
Speaker 6: before you do that that.
Speaker 2: Is such a good call. The math's got a math,
Speaker 2: or it's not going to math, it's got a math.
Speaker 4: Yes, Beck, I know that you haven't necessarily leapt into
Speaker 4: side hustling, but I'm interested to see what you think
Speaker 4: about the idea of being brave enough almost to take
Speaker 4: that step.
Speaker 5: This is something I do say, and I had said
Speaker 5: this a couple of weeks ago when I was talking
Speaker 5: about like moving to Melbourne and like career wise, climbing
Speaker 5: a ledder. If you're starting at the bottom of a ladder,
Speaker 5: make sure it's one you want to climb or rather
Speaker 5: than being like halfway up you don't really feel any
Speaker 5: passionate about. So I guess my thing is like similar
Speaker 5: to what you're saying. Let's say, for exampample myself, I
Speaker 5: am going to be forty at some point if I
Speaker 5: wanted to start something. What I'm telling myself is I
Speaker 5: can either be forty with X, say forty with a
Speaker 5: small business, forty with more experience in kind of growing
Speaker 5: a business or running a business or whatever that might
Speaker 5: be forty. And let's say, for example, I want to know,
Speaker 5: take up an instrument or something. Either way, I'm going
Speaker 5: to be forty and do I want to get there
Speaker 5: and still be wanting that, or do I want to
Speaker 5: get there and be like a couple of years into
Speaker 5: nine years into the thing that I'm trying to get,
Speaker 5: you know, comfortable with and learn about and skilled in
Speaker 5: and things like that.
Speaker 2: Does that make sense? Yeah, one hundred percent.
Speaker 5: Yeah.
Speaker 6: The time is going to pass anyway, So do the
Speaker 6: thing exactly.
Speaker 2: That is such a good way to say, and I
Speaker 2: said it the longest way problem. That's why she is
Speaker 2: the expert. He's an expert. I think.
Speaker 4: For me, I really like what you said about on
Speaker 4: the side. We have our segment called The Business Bible
Speaker 4: that we do episodes every month that is specifically aimed
Speaker 4: at small business and side hustlers, because, as you were saying, Jazz,
Speaker 4: there's so much content out there for people who want
Speaker 4: to grow and scale and be huge, but not a
Speaker 4: lot of support for people who are maybe just trying
Speaker 4: to make a bit of extra cash, or they have
Speaker 4: this dream but they can't afford to go all in.
Speaker 4: They need to do it on the side, and they've
Speaker 4: still got to support themselves and their family. And we
Speaker 4: spoke a few weeks ago about how you sometimes you
Speaker 4: need to just take the risk, but do it safely.
Speaker 4: So start doing it on the side of your full
Speaker 4: time job. Start investing small amounts that you can afford
Speaker 4: to lose, because any investment involves risk. Investing in a
Speaker 4: business is just like investing in the share but maybe
Speaker 4: not just like investing in the share market, but it
Speaker 4: still comes with that risk, and you're totally right there
Speaker 4: is a chance that it won't work. But if that's
Speaker 4: the case, I think that there's something that you can
Speaker 4: take from that. Most businesses have failures before they have success,
Speaker 4: and I'd be really interested to know if you had
Speaker 4: any experiences like that when you were starting to build
Speaker 4: out your business where you know, something went wrong and
Speaker 4: you kind of had the option of throwing in the
Speaker 4: towel or you know, taking it as a learning and
Speaker 4: improving and continuing to build.
Speaker 2: Did something like that happen?
Speaker 6: Yeah, I would also say, like all businesses have failures,
Speaker 6: but all business owners have failures. I have multiple failed
Speaker 6: businesses that didn't work out before I got to the
Speaker 6: one that is now you know, actually able to pay
Speaker 6: for my life and is growing year over year and
Speaker 6: as you know, reaching lots of people. I had a
Speaker 6: beauty company and it was called the buff I started
Speaker 6: it back in twenty sixteen.
Speaker 2: Oh my god, I remember the bus.
Speaker 7: Yeah that was me.
Speaker 2: WHOA, I did not know that.
Speaker 6: Yeah, I started it back in twenty sixteen. We were
Speaker 6: one of the first customized beauty brands out there. Now
Speaker 6: they're everywhere. And I built that business. You know, within
Speaker 6: a week of launching, I was in vogue and this
Speaker 6: was I was labeling, hand labeling these products. And yeah,
Speaker 6: it was very bootstrapped and in the end the business
Speaker 6: there was a lot of a lot happening in the space.
Speaker 6: The business couldn't keep up with competition. I didn't have
Speaker 6: the skills that I needed to be able to do it,
Speaker 6: and I had to close the business. And that was
Speaker 6: devastating in so many ways, Like personally, I put myself
Speaker 6: out there. Financially, I'd put so much money into it,
Speaker 6: and I was just, you know, like, how am I
Speaker 6: going to come back from this? And what does this
Speaker 6: mean to me personally, financially, professionally. And then out of
Speaker 6: that came what I'm doing now and have been doing
Speaker 6: for the last few years, which has been my founder World,
Speaker 6: which is a much better business and way more suited
Speaker 6: to me and much more profitable. But if I hadn't
Speaker 6: done the first one, I never would have got here,
Speaker 6: and I could not have predicted that this is where
Speaker 6: I would have ended up. And all of the things
Speaker 6: that I'm doing now I learned through the fire of entrepreneurship,
Speaker 6: and so I really think that those big failures are
Speaker 6: actually learnings, and you need to take the long view
Speaker 6: when it comes to having a side hustle or stuf, adding
Speaker 6: a new venture or project, and really committing to that
Speaker 6: as like a life rather than maybe like just one idea.
Speaker 4: Can I ask this might be a little bit personal,
Speaker 4: and feel free to Obviously we can change it. But
Speaker 4: can I ask when you had that experience when the
Speaker 4: buff hit the point where you were like, point of
Speaker 4: no return, it's not sustainable, I can't do it anymore.
Speaker 2: How did you reconcile?
Speaker 4: I guess with yourself that you were going to take
Speaker 4: a hit, you were going to take a loss. You
Speaker 4: said you invested a lot financially, you had invested your time.
Speaker 4: I imagine there was probably a little bit of embarrassment,
Speaker 4: because you know, you've been in vogue and then all
Speaker 4: of a sudden to have to turn around and go, oh, actually,
Speaker 4: we're closing down. It sounds like our listener is nervous
Speaker 4: about the potential failure. How did you navigate through that
Speaker 4: failure because it was an experience that you had, but
Speaker 4: you came out the other side and now you're thriving.
Speaker 4: What did it look like to get from A to B?
Speaker 6: Honestly, it was talking with other people doing the same thing.
Speaker 6: And I think this is applicable to Yes, if you're
Speaker 6: in business and having that community of other business owners
Speaker 6: around you. But anything that you want to do, go
Speaker 6: and surround yourself with other people who are doing it,
Speaker 6: because they'll be getting having the same challenges, getting the
Speaker 6: same knockbacks, and they're the ones that really hold your
Speaker 6: hand and walk you through it and help kind of
Speaker 6: normalize the challenges and the ups and downs or whatever
Speaker 6: the thing is that you're pursuing that you've committed to.
Speaker 6: I was, you know, I didn't have a great community
Speaker 6: of founders around me, and that's one of the reasons
Speaker 6: why I started Female Founder World. But I was just
Speaker 6: reaching out to people on Instagram and then I was
Speaker 6: doing zoom calls with the ones who would and I
Speaker 6: was kind of talking it through and so many of
Speaker 6: them had had failed businesses before they did the thing
Speaker 6: that I knew them for and that I had idolized
Speaker 6: them for, and that they had built kind of their
Speaker 6: dream life. Many of them had failed businesses before they
Speaker 6: did that, and so I think just having that visibility
Speaker 6: and really seeing that other people had been where I
Speaker 6: had been and normalizing that, I think was such a
Speaker 6: big thing. So I think that this listener should go
Speaker 6: and find other people who are doing a small business
Speaker 6: in a similar area that she is and get them
Speaker 6: in her orbit in some way, because it'll just normalize
Speaker 6: so many of these challenges that she's going to face.
Speaker 2: That is awesome, that love us.
Speaker 4: I don't mean to do a full one eighty away
Speaker 4: from this incredible wisdom that you're just dropping on all
Speaker 4: of us. But we do have a very fun segment.
Speaker 4: Now it's our arguably, I would say, would you say,
Speaker 4: our favorite bite of the week.
Speaker 2: Yeah, our favorite rid of the week for.
Speaker 4: Sure for this segment, and it's where we chat through
Speaker 4: our community DM. So let me tell you what our
Speaker 4: listener said this week. Hey, girls, I have a dilemma.
Speaker 4: So I had to give away one of my beautiful
Speaker 4: dogs unfortunately, as he was not getting along with my
Speaker 4: other dog, and the situation had become too hot. My
Speaker 4: brother in law and his partner offered to take the dog,
Speaker 4: which was the perfect outcome. They've had the dog for
Speaker 4: about five months now and all has been going well
Speaker 4: until the other day that they text me saying they
Speaker 4: had got the dog D sxt and asked me to
Speaker 4: transfer them five hundred dollars. I was shocked that they
Speaker 4: asked me for this. I never asked them to get
Speaker 4: him D sxt and it was their decision to do this. Also,
Speaker 4: since they are now his owners, I thought they would
Speaker 4: have taken the financial responsibility of the dog on. I'm
Speaker 4: not too sure what to say. I don't think that
Speaker 4: I should have to pay for this.
Speaker 2: What do you think? Anybody got some thoughts?
Speaker 5: Well?
Speaker 2: What do you think? Jazz?
Speaker 6: Okay, I have really strong thoughts. Also, my dad is
Speaker 6: a vet and I have a very yes so I
Speaker 6: feel like I have a perspective here and I get
Speaker 6: very worked up about people not taking responsibility for their
Speaker 6: new owners. Are the new owners, they have taken responsibility.
Speaker 6: It'd be different maybe if there was like some underlying
Speaker 6: condition that they had known about and agreed to something.
Speaker 6: But if you take on the responsibility of having a
Speaker 6: pet that includes a financial responsibility, and it was their
Speaker 6: decision to get the dog desex. I really really believe
Speaker 6: that it's on them, and you don't want to set
Speaker 6: a precedent because what happens in five years when that
Speaker 6: dog needs something else? Are they going to come back
Speaker 6: asking for more help?
Speaker 2: I don't know.
Speaker 6: I wouldn't be I wouldn't be transferring that five hundred dollars,
Speaker 6: that's for sure.
Speaker 2: I can really agree.
Speaker 4: And DESEX thing I feel like, is something that it's
Speaker 4: you really need unless you're planning on having your pet
Speaker 4: have puppy more not puppies, but having kids. If that
Speaker 4: feels me to say, unless you're unless you're planning on
Speaker 4: having your pet procreate, you need to be getting at desex.
Speaker 2: It's like a basic health thing.
Speaker 4: It's a you know, if they get out and you
Speaker 4: don't want your dog populating every other dog.
Speaker 2: On the road.
Speaker 5: Totally.
Speaker 4: I feel like that's such a standard expense too. Like
Speaker 4: you said, it's not as if it was a shock
Speaker 4: that came out of nowhere.
Speaker 5: Yeah, I guess like maybe, and I but I am
Speaker 5: on your side, both of your side, because I definitely
Speaker 5: think the new owner should be paying for this, absolutely,
Speaker 5: I guess though, because it is a standard expense, one
Speaker 5: that you almost expect to already have happened. And then
Speaker 5: you receive the pet and like it hasn't been de sexed,
Speaker 5: then you might be like you might be inclined to say, hey,
Speaker 5: what the hell, like, why did you do?
Speaker 2: See?
Speaker 4: You think that they assumed that the dog was d
Speaker 4: SX when they got it, That's.
Speaker 2: What I'm thinking.
Speaker 5: That's that I think is the missing context here, because
Speaker 5: it's the only thing I'm thinking Otherwise, like any other
Speaker 5: vet bill, any other anything, maybe micro chip, I'm not
Speaker 5: sure if that's the thing.
Speaker 2: You would just have to transfer it, I think, assuming
Speaker 2: the original.
Speaker 5: Okay, but yeah, if it's something that's like necessary that
Speaker 5: hasn't been done, you give the dog away. But even then,
Speaker 5: definitely the new owner should be paying for it. That's
Speaker 5: something I do not disagree with.
Speaker 2: Yeah, it's bizarre that.
Speaker 4: This is the first time that they're asking for money,
Speaker 4: which almost sways me to think that you might be right,
Speaker 4: because if they were expecting expenses to be covered, it
Speaker 4: sounds like they haven't asked for food costs to.
Speaker 2: Be covered or anything like that. Yeah, which is really interesting.
Speaker 4: But what we do is we ask our community a
Speaker 4: few questions to get their input because they're very smart.
Speaker 4: So we said, firstly, who do you think should pay
Speaker 4: for this? Five percent of people said the old dog owner?
Speaker 4: Ninety five percent of people said the new dog owner.
Speaker 4: Then we asked, do you think the financial responsibility of
Speaker 4: the dog became the brothers when he offered to take it?
Speaker 4: Ninety seven percent of people said yes, one hundred percent.
Speaker 4: Three percent of people said no, he was doing her
Speaker 4: a favor in looking after it, which I don't necessarily
Speaker 4: think he's doing her a favor.
Speaker 2: He agreed to become the owner, but yeah, not looking
Speaker 2: after it, really just owning it. Yeah.
Speaker 4: Next week said do you think being a pet owner
Speaker 4: is a big financial commitment? And ninety nine percent of
Speaker 4: people said yes and one percent of people said no.
Speaker 4: And I want to know what the one percent of
Speaker 4: people were thinking, yea dying to know.
Speaker 6: They never had a pet?
Speaker 2: No totally? Or like what are they skimping out on?
Speaker 2: Like are they just like not visit Usually?
Speaker 4: My cats have stomach problems, so now they eat six
Speaker 4: dollars tins of cat food.
Speaker 2: Ridiculous. Pet's a little money pit sometimes.
Speaker 4: Lastly, we asked, on average, how much would you spend
Speaker 4: on your pet in a year. Five percent of people
Speaker 4: said one hundred to five hundred dollars, twenty seven percent
Speaker 4: of people said five hundred to one thousand dollars, forty
Speaker 4: two percent of people said one thousand to two thousand dollars,
Speaker 4: and twenty six percent said two thousand dollars or more.
Speaker 2: Wow. Wow wow.
Speaker 4: So the majority of people are spending upwards of one
Speaker 4: thousand dollars pets annually, which doesn't surprise me as a
Speaker 4: pet owner. Then we said to everybody, give us your
Speaker 4: two cents, and so a few people sent us their thoughts.
Speaker 2: I'm excited for this.
Speaker 4: It always gets a little bit interesting as well. So
Speaker 4: somebody said it sounds like the poster bought from a
Speaker 4: backyard breeder.
Speaker 2: Oh no, I don't.
Speaker 4: Yeah, I don't know why they I think maybe they
Speaker 4: think because it was d sex. I think a lot
Speaker 4: of the time, if you get them, if you get
Speaker 4: them from shelters, I'm pretty sure. And Jazz, you're probably
Speaker 4: know better than me. Here they come de SX. Don't
Speaker 4: they like it?
Speaker 2: Is it a requirement that they need to be?
Speaker 6: I think so it does sound unusual for the dog
Speaker 6: not to be d SX unless she got it really young.
Speaker 2: Yeah.
Speaker 4: Well, and somebody else has said responsible dog owners d
Speaker 4: SX their pens owner number one should have done this
Speaker 4: in the first place. Sure, there's actually a lot of
Speaker 4: people that have said it was irresponsible to rehome a
Speaker 4: dog that was in d SX. It's very unusual to
Speaker 4: have a dog that's not d SX. So an interesting
Speaker 4: bit of context there that I feel like we're missing.
Speaker 4: I'd be curious to know why it wasn't d SX
Speaker 4: in the first place, true, or where it came from.
Speaker 4: Somebody else has said if the new owners have the
Speaker 4: pet registered to them, it is legally their property and
Speaker 4: therefore their responsibility, which I think is kind of the
Speaker 4: sentiment that we were leaning towards a little bit, which
Speaker 4: is you're a mum, do the mum things. And someone
Speaker 4: did actually say being a dog mum or owner is
Speaker 4: an immense privilege that comes with a huge financial and
Speaker 4: emotional tax, which I think is a really good point
Speaker 4: to make. Lots of people are just saying pets are
Speaker 4: for life, pets are expensive. If you take on that responsibility,
Speaker 4: you take it on for or worse, you don't know
Speaker 4: what's going to happen, and so whether it's desexing, or
Speaker 4: whether it's treatments for some kind of illness, whether it's
Speaker 4: extremely expensive cat food, that's on you as the owner
Speaker 4: now to bear. How would you approach the conversation is
Speaker 4: my next question? What would you say to your or
Speaker 4: to our listener's brother in law.
Speaker 6: I think the simple thing here is you should have
Speaker 6: had the conversation with me beforehand. Yeah, did it if
Speaker 6: you were expecting me to pay for it or pay
Speaker 6: for part of it instead of hitting it up after
Speaker 6: the fact.
Speaker 5: I totally agree with that, because you could be in
Speaker 5: any like you know, you're probably thinking that now I
Speaker 5: don't have to budget for this pet as well, Ny,
Speaker 5: you wouldn't have the money to just like throw away
Speaker 5: five hundred bucks to do sexist dog that you don't
Speaker 5: even own anymore, you know, So I feel like.
Speaker 2: Yeah, how would you have the conversation?
Speaker 5: I guess just maybe send them this exact episode so
Speaker 5: that they know that it's kind of universally agreed upon
Speaker 5: that they should be paying for this. But yes, they
Speaker 5: probably should. I have asked ahead of time before taking
Speaker 5: on the dog? Is it do sex. You can't assume
Speaker 5: these things.
Speaker 2: You never know. So I get it, like I get it.
Speaker 5: You want you assume that it's gonna be sex and
Speaker 5: micro chip and whatever else. I haven't owned a dog
Speaker 5: in my adult life, so I don't really know all
Speaker 5: this stuff. But you assume that's gonna be there. You
Speaker 5: assume it's gonna happen already. The fact that it wasn't,
Speaker 5: it's unfortunate you still got to pay for it.
Speaker 4: Yeah, very interesting. We'll pop a post up on Instagram.
Speaker 4: Let us know what you think. I think it's a
Speaker 4: tough one because I kind of do see both sides.
Speaker 2: Of the story now.
Speaker 4: But I think ultimately, you're a pet owner. You've got
Speaker 4: to do what you've got to do to look after it,
Speaker 4: and you know they're a part of the family, and
Speaker 4: sometimes that means spending a lot of money for things
Speaker 4: you don't want to spend a lot of money on.
Speaker 2: So I agreed.
Speaker 4: I think that's the perfect place to leave it. Jaz,
Speaker 4: Thank you so much for joining us. If people want
Speaker 4: to find you, where can they go?
Speaker 6: Yes, find me at female Founderworld dot com, Bema founder
Speaker 6: World on Instagram or TikTok or my personal Instagram. I
Speaker 6: spend a lot of time on there. It's at Jasmin
Speaker 6: Gardsworthy incredible.
Speaker 2: She shares so much wonderful content.
Speaker 4: And if you haven't listened to the original episode that
Speaker 4: Victoria and just did together, I highly recommend giving it
Speaker 4: earlysin It's a great episode and it's always just fun
Speaker 4: to hear about female founders.
Speaker 2: Doing cool things.
Speaker 4: So thank you for joining us, thank you for having me.
Speaker 4: Wonderful to have you, guys, don't forget you can join
Speaker 4: the Facebook group She's on the Money. We're on Instagram
Speaker 4: and TikTok at. She's on the Money Aus and Victoria.
Speaker 4: We'll see you bradon early on Monday for my Darry. Bye, guys, Bye.
Speaker 8: The advice shared on She's on the Money is general
Speaker 8: in nature and does not consider your individual circumstances. She's
Speaker 8: on the Money exists purely for educational purposes and should
Speaker 8: not be relied upon to make an investment or financial decision.
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