Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Yr
Speaker 1: the Order Kerney Whalbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money. Hello, and
Speaker 3: welcome to She's on the Money, the podcast Millennials who
Speaker 3: want financial freedom.
Speaker 2: Today, my friends, it is Friday, which.
Speaker 3: Means it is time to get my little team together
Speaker 3: and celebrate you ow incredible. She's on the Money community. Today,
Speaker 3: we're going to be sharing our favorite money wins with
Speaker 3: Miss Jess Chi. Miss bech say Ed is back for
Speaker 3: some broque tips. We're going to be helping to answer
Speaker 3: a juicy money dilemma, which this week is all about
Speaker 3: buying in bulk.
Speaker 2: Which I feel like Jess is going to be.
Speaker 3: And we're going to be unpacking something that you slid
Speaker 3: into our DMS about this week, we're talking about relationship equity.
Speaker 3: So to kick off this episode, my friends, Beck, Yes,
Speaker 3: you went present last week, so you get to go first.
Speaker 2: How have your last two weeks been? Well?
Speaker 4: Yeah, I really hope my shoulder and it's like the
Speaker 4: whole back of the head and back of the shoulder.
Speaker 4: But I feel so much better now. But the last
Speaker 4: few weeks have been good. It was my birthday, thank
Speaker 4: you so much, cancer queen, actually thirtieth of July. Yeah,
Speaker 4: right on the close to I didn't have to share
Speaker 4: my star signs.
Speaker 2: So that's okay.
Speaker 4: Oh, true, that would have been strange to cancers in
Speaker 4: the one yeah studio.
Speaker 2: No, it would have worked. It would have worked. There
Speaker 2: are literally to cancer the cancer.
Speaker 4: Yeah, your cancer is our producer of cancer. No, she's
Speaker 4: on the cusp?
Speaker 2: Are you want the cusp?
Speaker 4: June seven eight? Very much, very much a Gemini, I
Speaker 4: see we're all very close.
Speaker 3: Oh.
Speaker 2: I don't know what that means, but it sounds. I
Speaker 2: just know that I'm the cancer, and I just know
Speaker 2: that makes us emotional, which checks out, which story checks
Speaker 2: out because his cry oh that's so sweet.
Speaker 3: It's not it's not bad Barbie movie tears. Oh god,
Speaker 3: food that tastes really good, tears like just you can't
Speaker 3: stop it.
Speaker 4: I love that. I feel like crying is one of
Speaker 4: the my favorite activities.
Speaker 3: So, you know, absolutely depressing. What did you do for
Speaker 3: your birthday?
Speaker 4: Oh birthday? I had a little party, A little party,
Speaker 4: A little party at a pub, one of my favorite pubs.
Speaker 4: Eighties for anyone listening, maybe if you maybe no.
Speaker 2: Eighties the thing a few weeks ago I did, I mention.
Speaker 4: I eight free so water. That's exactly That's exactly why
Speaker 4: I go there.
Speaker 2: That's how you start a party.
Speaker 4: That's exactly right my birthday.
Speaker 2: Surely people are buying.
Speaker 4: Oh I know, I really should have taken it. I
Speaker 4: was shocked by how many people offered me a drink. Well,
Speaker 4: my drink doesn't cost any money, so this is really
Speaker 4: really a shame. But it was really good.
Speaker 2: It is a really good.
Speaker 4: Couple of weeks and went a couple of dates with someone,
Speaker 4: which is and then yeah, well you know, who knows
Speaker 4: that we might get married and and maybe maybe we won't,
Speaker 4: but start looking likely that we're going to get married
Speaker 4: and have children. Love yeah, you know, you just go
Speaker 4: I'm really manifesting.
Speaker 2: Yeah, that's just going to you hole it.
Speaker 4: Just in case she's listening, I'm I promise I'm joking. Also,
Speaker 4: no one knows who I'm talking about.
Speaker 2: So anyway, do we do because we was cute? Definitely?
Speaker 2: Do I like your instagram? Is she good enough for
Speaker 2: our back?
Speaker 4: My good enough? Anyway?
Speaker 2: Onto The question is not are you good enough? Are
Speaker 2: they good enough for you?
Speaker 4: What can you do for me?
Speaker 2: Is the question? I mean that's not what I was getting.
Speaker 2: Did you go on any dates this week? I didn't, sadly,
Speaker 2: I mean, you're in a long term relationship. That's cute.
Speaker 2: We cooked Moley spin together. I was like, now's a day.
Speaker 2: My week was good. My car is currently at the
Speaker 2: mechanic extremely overdrew, so everyone, I just have a bad
Speaker 2: feeling about it.
Speaker 3: But do you have a bad feeling about it because
Speaker 3: of what I did with my car last week?
Speaker 2: Is that?
Speaker 4: Yeah?
Speaker 2: That's actually what made me check miney because mine is
Speaker 2: about six months over jew and then your car corked
Speaker 2: it and I was like, oh what.
Speaker 3: Haven't you so long story short, I took my car
Speaker 3: to the mechanic and it was just for a scheduled service.
Speaker 3: I thought I was doing the Lord's work by doing
Speaker 3: it on time, and I drop it off and they said,
Speaker 3: oh v this is wrong, this is wrong, and this
Speaker 3: is wrong. And it was our like the car that
Speaker 3: my husband and I share, so he mainly drives it.
Speaker 3: I drive it sometimes if I'm like picking up Jessica
Speaker 3: and need to impress her and take my dog somewhere.
Speaker 3: And they told me that the battery needed fixing. But
Speaker 3: it's like some fancy type of battery. Anyone listening is
Speaker 3: going to be like, Victoria, you're so daft, and I'll
Speaker 3: be like, yes, I am sorry, but it's like this
Speaker 3: fancy battery that like there's a battery under the seat
Speaker 3: as well as in the hood. And so they quoted
Speaker 3: me like a ridiculous amount to fix it, and I
Speaker 3: was like, I'm going to get a second opinion. And
Speaker 3: what they say, they said, you can go get a
Speaker 3: second opinion.
Speaker 2: That's so fine.
Speaker 3: This is just like a really expensive battery to replace
Speaker 3: across the board, like we haven't really added much labor.
Speaker 3: And I'm sitting there being like yeah, sure, yeah, sure,
Speaker 3: no worries, and they're like, just be aware that the
Speaker 3: battery will work today, but when we tested it, it's
Speaker 3: like got failed cells in it or whatever that means,
Speaker 3: and it could just not work at any time, right,
Speaker 3: trying to scare me.
Speaker 2: The next week, Jessica, what happened? Car didn't work, cutting work,
Speaker 2: in fact, did not work at any given time, exactly like.
Speaker 4: What they said. And when I got second opinions, Beck,
Speaker 4: you know what happened?
Speaker 3: More expensive everywhere else because I wanted to charge labor
Speaker 3: as well.
Speaker 2: I see, so I should have just done it the
Speaker 2: first time.
Speaker 4: She's too late to go back and ask for the
Speaker 4: exact same quote.
Speaker 3: Thankfully, I have fostered a great relationship with the mechanic
Speaker 3: and I text him and I said himitch in a
Speaker 3: twist of fate that you saw coming no longer starts,
Speaker 3: and he said, just drop it in and fixed today.
Speaker 3: I said, that is very kind of you.
Speaker 4: Thank you, Sorry for calling you a liar and a thief.
Speaker 4: And I'm back, I did.
Speaker 3: Car services are so expensive, and you know when they
Speaker 3: come back with like all these additional things, I'm like,
Speaker 3: are you looking at me? Going You're a silly little
Speaker 3: white girl who doesn't know anything about anything? And I
Speaker 3: don't know I don't know anything about anything.
Speaker 2: How we got in trouble right. It was very funny though,
Speaker 2: because I drove because obviously you needed to get back home,
Speaker 2: so I drove with you there and bribed her. We
Speaker 2: did do a macis running the way home.
Speaker 3: I said, if you drop me at the mechanics, oh,
Speaker 3: buy you a happy meal?
Speaker 2: Oh that's nice, and I said immediately yes obviously of course.
Speaker 4: Did you get a Griomas shake?
Speaker 2: No?
Speaker 4: Sorry, continued, what's a Grimmer's shake?
Speaker 2: Have you guys? This thing on? TI took right, but
Speaker 2: I don't really know.
Speaker 4: Yes, it is that purple like shake.
Speaker 2: Oh vile? Absolutely not.
Speaker 4: Do they have that here?
Speaker 2: I have no idea. Jesse gets six.
Speaker 4: Nuggets, six nuggets because I had a toy. Yeah, we
Speaker 4: have the to toy. Silly.
Speaker 2: Absolutely.
Speaker 4: Have you ever seen a person with a happy meal
Speaker 4: not being happy? H a single person? Actually, that's what
Speaker 4: I think of it.
Speaker 2: Yeah, to wrap it up, the mechanic said that that
Speaker 2: was the equivalent of a walk of shame.
Speaker 3: I'm walking in and he's like it beat sassy, like
Speaker 3: in a funny way.
Speaker 2: He was a nice guy, so he wasn't being rude.
Speaker 3: He's like, just you know this is the equivalent of
Speaker 3: a walk of shame, and I was like, thank you,
Speaker 3: kind sir.
Speaker 2: I'm going to call it him money win though, because
Speaker 2: he didn't charge you anymore even though you did infaction.
Speaker 2: I listen to him the first time.
Speaker 3: Yeah, I think I think he now knows he's got
Speaker 3: a client for life. Yeah, because I was kind of like,
Speaker 3: thanks for looking after me, but your entire life. I
Speaker 3: owe him every car service into eternity.
Speaker 4: Yes, sorry, you'll say something. You're carving all right the shop.
Speaker 3: Sorry, I hope and prayers are going out to Jessica
Speaker 3: that her car doesn't end up like my car, and
Speaker 3: if it does, she just takes the advice.
Speaker 2: Yeah, you'll be listening to my mechanic.
Speaker 3: Yeah, don't do what Victoria did. But do you know
Speaker 3: what we should get into is the community money wins.
Speaker 3: Mister Scricci, what have you round up for us this week?
Speaker 2: My first money in this week comes from Lucy, who
Speaker 2: said money win sort of. I'm no longer living pay
Speaker 2: to pay. I have plenty left over each fortnight, even
Speaker 2: after putting away savings and some investing. After living as
Speaker 2: a single mum for ten years. This is a massive
Speaker 2: thing for me. Financial stress has had a huge impact
Speaker 2: on my mental health. Love and over one hundred people
Speaker 2: were liking and commenting on that, and I was just
Speaker 2: loving seeing people get behind her. Good on you, Lucy.
Speaker 2: My next money win comes from Ashley, who said, to
Speaker 2: prove a point to my friends, I just calculated the
Speaker 2: cost benefit of my health insurance premiums for extras is
Speaker 2: eight hundred and forty three dollars seventy per year. However,
Speaker 2: I can claim up to thirty four hundred dollars every year.
Speaker 2: I max out several of the categories, meaning I use
Speaker 2: a maximum of seventeen fifty. This doesn't factor in how
Speaker 2: much I save on the Medicare Levey surcharge as well.
Speaker 2: I knew my health insurance was worth it because I
Speaker 2: use it a lot, but I'd never crunch the numbers.
Speaker 2: And I just love the idea of someone running the
Speaker 2: mass like it's not going to be the same, but
Speaker 2: everyone it's going to depend on what you use and
Speaker 2: what you need.
Speaker 3: I also love that it was like because she wanted yeah, yeah,
Speaker 3: I took. I was like, that's why I calculate things too, Actually,
Speaker 3: you are our people.
Speaker 2: My next money win comes from Anthea, who said My
Speaker 2: money win this week is I simply talked to my
Speaker 2: husband out of going out for brunch on Sunday money loss.
Speaker 2: I forgot my lunch, so I'm currently waiting for my
Speaker 2: boat lunch to be warmed up. But we won't tell
Speaker 2: him that.
Speaker 1: I know.
Speaker 2: Ye between two.
Speaker 3: Hundred and fifty on the money community members and you,
Speaker 3: they have pow the field.
Speaker 2: Next, I've got a money in from Lauren who said
Speaker 2: I got a rain check. I've never done it before,
Speaker 2: but I was in Calls and my preferred washing powder
Speaker 2: was out of stock and on sale for fifty percent off.
Speaker 2: I asked a staff member who was stacking the shelves
Speaker 2: nearby if they had more out the back or elsewhere
Speaker 2: in the store, and she scanned it and said they
Speaker 2: didn't have any and to go to the front desk
Speaker 2: for a rain check. So now I have a rain
Speaker 2: check in my wallet for two boxes of washing powder
Speaker 2: fifty percent off for next time. What And I wonder
Speaker 2: if split that and do like one f and then
Speaker 2: hold on that rain check. Yeah, that could be a
Speaker 2: money I was intending on buying five and then just
Speaker 2: spread it out for the next half of many months.
Speaker 4: Oh, that's such a good idea.
Speaker 2: I don't know if that works or not. Someone let
Speaker 2: us know it's worth the crack. My next money wind
Speaker 2: comes from Juliet, who said money win. I won a
Speaker 2: v cap case and I'm getting back a total of
Speaker 2: two thousand, five hundred and four dollars from my landlord Spicy.
Speaker 2: We'll love to see it. Please no fighting in the comment.
Speaker 3: Please no fighting in the comments, but also please slide
Speaker 3: into our DMS and let us know why.
Speaker 4: Because we need the date, We need the juice.
Speaker 2: Do you want we need to know?
Speaker 4: I know you guys want to be shaking for that tea.
Speaker 2: She's ready. And lastly, I have a money lost from simone,
Speaker 2: which I thought might play into what we're chatting about
Speaker 2: a little bit later, she said money loss. My partner
Speaker 2: turns the heat around in our bedroom each morning before
Speaker 2: going to work. Past three work days, he's left it
Speaker 2: on all day, so it's boiling when I get home,
Speaker 2: and our electricity provider is loving it, but my wallet
Speaker 2: not so much. Yes, I'm going to hide the remote
Speaker 2: on him so he can no longer use it. We've
Speaker 2: all been there.
Speaker 3: We've all been there. Do you hide things in your
Speaker 3: house from your partner?
Speaker 2: Jessica. He has a tendency to open multiple Natala's at once,
Speaker 2: So if he's running low on Natalla and I buy
Speaker 2: a new one, I hide the new one until the
Speaker 2: old one's finished because it drives me nuts like it
Speaker 2: is like it is, so I have to open at
Speaker 2: the same time to open in our pantry currently, And
Speaker 2: I like, why do you keep buying Ntella? I don't know,
Speaker 2: he doesn't want he goes to the grocery store. But anyway,
Speaker 2: absolutely not.
Speaker 4: So that was so fun of mine for you that before.
Speaker 2: Yesterday you see me getting angry. This is what you've got.
Speaker 3: If this is exactly what you've got to look forward
Speaker 3: to back in your long term relationship that you're getting,
Speaker 3: I'm very yes, seriously, we have ice cube tray fights,
Speaker 3: so yeah, not feeling it up. Don't if you're gonna
Speaker 3: use the ice but you have another ice specially I know.
Speaker 3: But the ice cubes are bigger than this. Look different
Speaker 3: ice cubes of different situations.
Speaker 4: Yes, sure, yeah, wow.
Speaker 2: But if you get to use the ice tribes, yeah,
Speaker 2: you fill them out. Oh absolutely, they're the rules unless
Speaker 2: you're a guest, in which case you don't need to.
Speaker 3: You can just help yourself. But is my husband and
Speaker 3: guest in this house.
Speaker 2: Absolutely not.
Speaker 3: He pays half the mortgage, so absolutely not. This is
Speaker 3: your house to.
Speaker 2: Fill up the ice. Let's move on.
Speaker 3: I want to know your break tips before Jess and
Speaker 3: I write on our partners.
Speaker 4: Well, funny you say, Jess about the coal thing. Oh,
Speaker 4: because a few people actually sent me that that wasn't
Speaker 4: actually going to be mentioned this week. But since you
Speaker 4: mentioned it, I'm going to say that that's actually a
Speaker 4: really really good break tip. If yeah, if something runs out,
Speaker 4: then you can I don't know, do you go to
Speaker 4: the front at in front of the store and you
Speaker 4: sat tell them to give you a little voucher? Can
Speaker 4: you give you a little vucher? That's something I want
Speaker 4: to know. If you can do like twenty in one go.
Speaker 3: You recom there, it's a timeline on it, like with
Speaker 3: your little voucher that has to be redeemed before xby
Speaker 3: zed even if you.
Speaker 4: Do have to redeem them more ones. If you have
Speaker 4: the money, then you have like a bowl. This is
Speaker 4: such a weird coincidence. Circular circular.
Speaker 3: We were talking about Natella and ice cubes, which does
Speaker 3: lead to relationship equity, but.
Speaker 2: We'll get to that later.
Speaker 4: Yes's true. So my first breake tip for this week
Speaker 4: comes from Grace has said that when she was super poor,
Speaker 4: she would steam a sugar a sugar of rice than
Speaker 4: by the continental copper soups, continental cup of soup when
Speaker 4: they were half price, and then she would heat them
Speaker 4: all together and a container, add a cup of soup
Speaker 4: on top, and that would be her version of a
Speaker 4: poor person's rostto Does that sound like it makes sense
Speaker 4: to you, guys?
Speaker 2: Maybe it made absolutely no sense. So you see how
Speaker 2: she pre cooks the.
Speaker 3: Rice rosotto out of them with a cup of soup exactly.
Speaker 4: Okay, So it's a quote unquote poor persons rosotto, which
Speaker 4: sounds to me absolutely delicious.
Speaker 3: So I think that you need to hack it a
Speaker 3: bit more, though, Grace, because I would want to cook
Speaker 3: the rice in the soup mix so that like the
Speaker 3: flavors were.
Speaker 2: Whiskey whisk around, But you.
Speaker 4: Would have to boil the rice first so that it
Speaker 4: doesn't dilute what flavor. So you cook the rice and
Speaker 4: then you add your steamed cup of soup inside the rice.
Speaker 2: So now it's just soup with rice.
Speaker 4: Grace, if you're listening to this I am so excited
Speaker 4: to try this. I'll report back for sure, And you
Speaker 4: can use as little or as much liquid as you like.
Speaker 4: It's up to you. I think that's my on sale
Speaker 4: cup of soup dirt cheap.
Speaker 3: And do you know what you're not going to put
Speaker 3: on your rice? Because I saw it at the supermarket
Speaker 3: this week, bag of shredded cheese eleven dollars.
Speaker 2: I saw a TikTok chips were two for eleven and
Speaker 2: literally two bags of chips for eleven dollars, and they.
Speaker 3: Like, I don't care what size that is. That is
Speaker 3: the use feavery for five? Absolutely not the popcorns two
Speaker 3: for five? Is it steal two for five on popcorn?
Speaker 2: No idea.
Speaker 3: We've got to we've got to look into this. But
Speaker 3: we're not putting cheese on Arizonto anymore. Boy, cheese eleven
Speaker 3: dollars a bag of straighted cheese absolutely not crazy. You're
Speaker 3: going vegan, We're gonna follow in your footsteps thing.
Speaker 2: It's gonna be great. Maybe that's a good break tip.
Speaker 4: Maybe that is a good breaked vegan. So the next
Speaker 4: one comes from Sabrina, who suggests that and this is
Speaker 4: a very real reality for a lot of people. If
Speaker 4: you do not have an iron in your home, if
Speaker 4: you can't afford an iron, you don't want to, you
Speaker 4: don't have room for an iron, you've lived in a
Speaker 4: small house. I think some people can relate out there.
Speaker 1: I don't.
Speaker 4: I certainly can, just wouldn't ever use an iron iron.
Speaker 4: I don't know an iron either, and there have been
Speaker 4: times where literally couldn't fit one or afford one.
Speaker 2: Yep.
Speaker 4: Fair So she has said that what you can do
Speaker 4: is if you have a hot shower, you pop your
Speaker 4: clothes in the hot shower, but not in shower, in
Speaker 4: the water in the bathroom. In the time, steam will
Speaker 4: get rid of the wrinkles, just like a commercial steamer
Speaker 4: used in shops. So yet you say power, ridge, space
Speaker 4: and dollars to buy the iron slash ironing board, which
Speaker 4: is a great idea something I use. And this is
Speaker 4: also if you actually do have access to a hair dryer,
Speaker 4: hair dry we'll use the hair dryer too as well. Yeah,
Speaker 4: what do you use, Jess?
Speaker 2: I have a steamer because I worked retail, So I
Speaker 2: just I can't like. Once I use the steamer, I
Speaker 2: was like, my life has changed forever, and so I
Speaker 2: never go back. But I like VD taught me this one.
Speaker 2: If you when you wash certain fabrics, like a lot
Speaker 2: of natural fabrics, particularly after you wash it, give it
Speaker 2: a once. You got to shake it out. Shake because
Speaker 2: they come out of the wash really wrinkly. But you
Speaker 2: can actually if you shake it out before you hang it,
Speaker 2: it dries significantly less wrinkled.
Speaker 3: Yeah, Like I like real tug on the collars of
Speaker 3: things to like flatten them out before they dry.
Speaker 4: Yeah, and it works.
Speaker 2: That's a great So maybe you pair that with the
Speaker 2: shower and.
Speaker 4: You get air and you've got yourself shirt.
Speaker 2: You absolutely don't even need it. No, great tip, Thank you, Sabrina.
Speaker 2: I love that. I love that great And then all you've.
Speaker 4: Got what's yours? That's from the community.
Speaker 3: My personal break tip is, I know I know exactly
Speaker 3: what it is.
Speaker 4: I think you know what it is. I know exactly,
Speaker 4: but you may or may not have seen me eating
Speaker 4: this What do you mean, may or may not have
Speaker 4: it all over? And I haven't actually had shorts. Yeah,
Speaker 4: I didn't realize.
Speaker 2: It's like, oh you might have noticed. It was hard
Speaker 2: not to.
Speaker 4: So what I do is I buy myself like a
Speaker 4: either you can make spaghetti or you can buy a spagetti,
Speaker 4: whatever you want to do. And then if you want
Speaker 4: like a really cheap version of garlic bread, cheap that
Speaker 4: will last you a long time, maybe the whole week,
Speaker 4: maybe two weeks, A loaf of bread. I love my
Speaker 4: loads of bread. In this segment, Syle and aliaway, is
Speaker 4: that what they do?
Speaker 2: So they used to make I don't know if they
Speaker 2: used to do. Used to to get cheesy garlic bread
Speaker 2: at Subway when I worked retail and I was poor,
Speaker 2: because they did a special. It's like two dollars for
Speaker 2: a cheesy garlic bread and it would be like the
Speaker 2: subway roll cut in half and they put like the garlicoli,
Speaker 2: sauce and cheese.
Speaker 4: On topoo that sounds really really good.
Speaker 2: Eleven dollar cheese not so much, but aoli true and
Speaker 2: you just like you toast the bread, don't even need
Speaker 2: to put butter or anything, and you get really facts
Speaker 2: from the mayo.
Speaker 4: Totally cheap aoli, the cheapest one you can find, the
Speaker 4: cheapest bread you can find. Toast the bread, chuck the
Speaker 4: aoli on. You've put yourself.
Speaker 3: Garlic bread, yeah, just before, and to make it even
Speaker 3: cheaper today? Did you even pay for the bread today? No,
Speaker 3: I didn't stole it from the kitchen. Kitchen stunning.
Speaker 2: That's so good. Cheap lunch that isn't stealing when it's
Speaker 2: meant for everybody into communal kitchen. Communal.
Speaker 3: It feels better when you say it's stolen.
Speaker 4: It does there's something more?
Speaker 2: Stole it from the kitchen.
Speaker 4: Yeah, that's a bit satisfying.
Speaker 2: Yeah, steal it, but money weird.
Speaker 4: That's that for this week.
Speaker 3: I would never have thought to make garlic bread with aoli,
Speaker 3: but I can see how it would work when you
Speaker 3: are out of options and or you've worked at subway,
Speaker 3: it seems, or you've worked at subway.
Speaker 4: Yes, it turns out it's not so broke after all.
Speaker 2: I love it.
Speaker 4: But good tip, good tip.
Speaker 3: All right, let's go to a really quick break and
Speaker 3: on the flip side, we're going to be talking about
Speaker 3: one of Jess Richie's favorite tips, and that's bulk buying.
Speaker 3: The second thing we're going to talk about is something
Speaker 3: that you slid into our DMS about.
Speaker 2: Which we're going to be speaking all about.
Speaker 3: Relationship equity this week, So guys, do not go anywhere.
Speaker 2: Welcome back, everybody. Let's talk about this week's money dilemma. Hi, there,
Speaker 2: have you got a.
Speaker 3: Money dilemma you just can't solve. The Sheese on the
Speaker 3: Money team is here to help. Every week, we tackle
Speaker 3: your dilemmas, both big and small, to answer your most
Speaker 3: burning money.
Speaker 2: Career and life questions.
Speaker 3: To get involved, simply head to our website and leave
Speaker 3: us a short voice recording and you might just find
Speaker 3: yourself on the show. Now, let's take a listen to
Speaker 3: this week's money dilemma.
Speaker 5: Hi ladies. My question is in regards to buying things
Speaker 5: in bulk. So there's a lot of products that I
Speaker 5: really enjoy, and a lot of them it's much much
Speaker 5: cheaper to buy several or a ten pac or something
Speaker 5: like that, and I know that I'm going to use them,
Speaker 5: but they are things that take a while to use,
Speaker 5: like bars of soap and stuff like that, and you
Speaker 5: don't really need to have twny bars of soap in
Speaker 5: your cupboard. So I'm just asking how to resist the
Speaker 5: urge to buy things in bulk and should I be
Speaker 5: buying them in bulk? Yeah? Thank you.
Speaker 2: That is such a wholesome, funny question.
Speaker 4: I think it is.
Speaker 3: I mean, if you're planning for an apocalypse, twenty bars
Speaker 3: of soap might actually be very necessary.
Speaker 2: If you want to feel better about yourself, watch Extreme
Speaker 2: couponas because you'll be like, oh, I'm really not buying
Speaker 2: in bulk if I'm buying my soap.
Speaker 4: I cannot stand that show.
Speaker 3: Oh I love watching it, but I just feel like
Speaker 3: there are so many people in need in the world,
Speaker 3: and then there are these people who are.
Speaker 4: Just stock piling, Like what do.
Speaker 2: You need detgent? Donate?
Speaker 3: Or they why have you got an entire pantry in
Speaker 3: your house with stockpiles of things and full stock rotation
Speaker 3: systems in place for them? Sure, Like, I don't know.
Speaker 3: I get that you might donate things, but if you're
Speaker 3: on extreme coupons, you're not donating that much because you
Speaker 3: have a stockpile room at your own house.
Speaker 2: I don't know.
Speaker 4: It's a good point fee, but in this that's not
Speaker 4: what this is about.
Speaker 3: This it's about buying in bulk and not needing twenty
Speaker 3: bars of soap under your sink. Jessica, do you buy
Speaker 3: many things in bulk?
Speaker 2: I wouldn't say extreme bulk, No, Like I tend to
Speaker 2: do if something that I use all the time, like
Speaker 2: if laundry detergent is half priced, I tend to buy
Speaker 2: two because I'm like, well, I'm paying what I would
Speaker 2: pay for one. Like my rule of thumb is I
Speaker 2: like to have threes of things. Threes of things. I
Speaker 2: like to have one that's open, backup and a backup
Speaker 2: of my backup. Is that why there are three open
Speaker 2: ntellas right now? Well, one of them is open, two
Speaker 2: of them should be closed. No, but I just for me,
Speaker 2: it's like, Okay, so I finished one off, then I
Speaker 2: open a new one, and when that happens, I have
Speaker 2: one open and one backup, And so I have plenty
Speaker 2: of time because I don't want to pay full price
Speaker 2: for it, so I have plenty of time to wait
Speaker 2: for it to go on sale before I replace my
Speaker 2: backup back up.
Speaker 4: There's a lot of it.
Speaker 5: Crazy.
Speaker 4: I think that's really beautiful.
Speaker 2: Beck, do you buy backups?
Speaker 4: We've all got out little things. No, I don't really,
Speaker 4: but I know that my mum used to buy in bulk,
Speaker 4: like if something was on special. It's a clever thing
Speaker 4: to do. Like if someone something super cheap, you buy
Speaker 4: like maybe five of them and then you have that cheap.
Speaker 2: For a while. But I think you need to do
Speaker 2: the maths though.
Speaker 4: Yeah, maybe I don't because I would really rather not
Speaker 4: have the clutter and pay.
Speaker 2: That it's a luxury to have the space to store
Speaker 2: the bulk of.
Speaker 4: The totally where do you put it all?
Speaker 2: Yeah, yeah, that's me.
Speaker 3: Like if we've run out of it, Jess, there's no
Speaker 3: more in the house, Like, don't ask me for my backup.
Speaker 3: There is no backup. It means I have to go
Speaker 3: to the supermarket. And yeah, I just live my life
Speaker 3: that way, to be wild on the edge, fit on
Speaker 3: the edge, especially for someone who has a backup of
Speaker 3: a backup.
Speaker 4: Yes, I'm eann nervous a little bit.
Speaker 3: I could never like, I just don't want clutter in
Speaker 3: my house. I'm the type of person that just throws
Speaker 3: things away, like not puts them in the bin. Don't
Speaker 3: think I'm being wasteful, but I donate stuff if I'm like,
Speaker 3: I haven't worn this in ages, get it out of
Speaker 3: my wardrobe, get it out of my life. Like I
Speaker 3: just don't want junk in my house. I just don't.
Speaker 2: I feel like it's worth saying for me and our listener.
Speaker 2: It's things she said that you're going to use, Like
Speaker 2: I wouldn't have three pairs of the same shoes, you know,
Speaker 2: I would, Yeah, but I would have. But if it's
Speaker 2: really nice, I'll buy it twice. If it's nice, bat twice.
Speaker 2: But things like toilet paper, cleaning supplies, things like that,
Speaker 2: I tend to have multiples off. I wouldn't call having
Speaker 2: two or three bulk like having the twenty bars of soap.
Speaker 2: But I mean, if it's financial, she said, she run
Speaker 2: the math and it's cheaper for her to buy twenty
Speaker 2: than to buy however many I know you.
Speaker 3: Don't need it in your house, but like, if you've
Speaker 3: got the space, what's the problem with saving some money
Speaker 3: over the long term. I don't think it's a problem.
Speaker 3: I mean it would be a problem if you're buying
Speaker 3: things that you weren't actively using and just hoarding them.
Speaker 3: That's a different story completely. Or you know, I don't
Speaker 3: think soap goes off, but like it went off before
Speaker 3: you could use it.
Speaker 2: Yeah, make sure if you're buying in bulk that if
Speaker 2: it's a perishable item, that you can use it within
Speaker 2: the timeframe, because there's no point having twenty bars of
Speaker 2: soap that are cheaper than ten bars of soap if
Speaker 2: you only use five of them. Yeah.
Speaker 3: Yeah, I also think it's a really interesting conversation actually
Speaker 3: that leans into money.
Speaker 2: Stories quite deeply.
Speaker 3: Like I grew up in a family where I was
Speaker 3: quite privileged and we never went without, and I think
Speaker 3: that might play into my not necessity to have backups
Speaker 3: and things because I'm like, no, like it's okay, we
Speaker 3: can go to the supermarket and we can pick it up.
Speaker 3: Whereas you know, I've got no idea about that side
Speaker 3: of your money story, Jess, but like I know that
Speaker 3: you ways lean towards being a little bit more financially
Speaker 3: secure and making secure decisions, and that kind of makes
Speaker 3: sense to me that you would lean into always having
Speaker 3: a backup of something and being way more prepared than me.
Speaker 3: And then Beck, it makes sense the way that you
Speaker 3: live your life as well, and that your mum would
Speaker 3: have bought things in bulk. I think when it comes
Speaker 3: down to it, the important thing about buying in bulk
Speaker 3: is that you're not just buying it in bulk because
Speaker 3: you assume it's cheaper. You've actually done the maths because true,
Speaker 3: do you know how many times? So historically I went
Speaker 3: through a phase when I lived with Yes, we've all
Speaker 3: been through the costco face, but I was doing the maths,
Speaker 3: and it's sometimes not actually cheaper. You just end up
Speaker 3: with two bigger bottles of things and it's not that
Speaker 3: much cheaper, but you assume it is.
Speaker 2: And it's ludicrous to have to pull out this huge,
Speaker 2: massive box of corn fakes my jumbo super mega but corn.
Speaker 3: One liter bottle of ranch.
Speaker 2: Yeah, I agree, Like, I think it's not the worst thing.
Speaker 2: It's working for you, if you've got the space, you're
Speaker 2: using it all. I don't personally don't see it.
Speaker 4: I don't see it as a problem either.
Speaker 2: But maybe you've done the mass yeah.
Speaker 3: And you've actually looked at it and been like, no,
Speaker 3: this is something I use and it makes sense. I
Speaker 3: actually think that's a smart money decision. I don't think
Speaker 3: it's a bad thing. I would like to know more,
Speaker 3: Like I have questions, like more about why you think
Speaker 3: that might not be productive when it's clearly not the
Speaker 3: worst idea ever.
Speaker 2: I don't know, as long as it's not financially putting
Speaker 2: you out either, like if you're paying the larger amount
Speaker 2: for the bulk, like if you can afford it. Agreed,
Speaker 2: Life Queen, Live, lid Love Love, I usually love more.
Speaker 3: On the same page. Yeah, let's jump into our community dilemma.
Speaker 3: So this week we're going to unpack something that you
Speaker 3: slid into our DMS about. And this is the DM
Speaker 3: that we received this week that we have chosen to
Speaker 3: dissect on the podcast.
Speaker 2: Are you guys ready, Yeah?
Speaker 3: Ready?
Speaker 2: Hello? She's on the Money Team.
Speaker 3: I need advice on the argument that keeps flowing between
Speaker 3: my girlfriend and I. My girlfriend and I have been
Speaker 3: in the same sex couple for four years now, and
Speaker 3: this is our first time living together. I'm on a
Speaker 3: higher paying job than her, so I contribute more to
Speaker 3: the bills. She works really hard, but unfortunately her page
Speaker 3: just isn't amazing. We keep arguing about having the heater
Speaker 3: on because of course it's cold during winter. I really
Speaker 3: want to be warm, and she is just super strict
Speaker 3: on finances at the moment. I already contribute.
Speaker 2: More than her, but she gets upset when.
Speaker 3: I have the heating on because she thinks she won't
Speaker 3: be able to afford the bills. I understand things are tired,
Speaker 3: but I value being comfortable. I'm really struggling to find
Speaker 3: a happy medium in this. Do you feel Jessica is
Speaker 3: probably not the person to ask in this situation, And
Speaker 3: I say, that because her heat is set to a warm,
Speaker 3: warm twenty two or twenty three degrees year round.
Speaker 2: Yeah, sometimes twenty four twenty four.
Speaker 4: Jess is card wild.
Speaker 2: Because it works to me and my partner because we
Speaker 2: have the same comfort point. Interestingly, though similar to our
Speaker 2: person we both are at very different earning spot sure,
Speaker 2: with me being the hiring kind earner, big dog and
Speaker 2: a jew familiar.
Speaker 4: I love that.
Speaker 2: But to be honest, it's never been an issue for
Speaker 2: us because we are both comfortable at that temperature point,
Speaker 2: whereas friends of ours the girlfriend is similar to me
Speaker 2: once it's toasty all the time, her boyfriend runs hot
Speaker 2: like he is always warm.
Speaker 4: There's no way Steve would let me have the heater on.
Speaker 2: Yeah, And so it's finding a happy medium, I guess.
Speaker 2: But the bigger thing here, I guess is it just
Speaker 2: it goes beyond just the comfort of what temperature is
Speaker 2: ideal for the house, And I guess it plays into
Speaker 2: the bigger conversation of well, how do you manage it
Speaker 2: when you're very different earning places?
Speaker 4: Right, totally totally, I would say. So I'm thinking, what
Speaker 4: are they I guess we don't really have the information
Speaker 4: about like what they're contributing to what parts, Like someone
Speaker 4: pay more rent? Is someone pay more this that? I
Speaker 4: would say, figure out what your priorities are. Let's say
Speaker 4: split rent down the middle, for example, half half. When
Speaker 4: it comes to energy and heating, if you want to
Speaker 4: be toasty all the time, I run cold. I'm constantly cold.
Speaker 4: Same I want the heater on constantly, I would be
Speaker 4: willing to pay extra for energy. I would be like,
Speaker 4: I'll pay seventy percent and you just pay thirty percent,
Speaker 4: regardless of what it comes to because I want it
Speaker 4: hot all the time. I would be comfortable with that.
Speaker 4: So are there ways like are you maybe spending more
Speaker 4: on laundry detergent? Are you paying for like the little
Speaker 4: bits and pieces in the bathroom? Maybe figure out what
Speaker 4: you're both comfortable actually splitting down the middle and then
Speaker 4: saying I'm willing in order to be comfortable, I promise
Speaker 4: I'll pay if it's extra, if it's like really really expensive,
Speaker 4: I'll pay X amount.
Speaker 2: I just want to be comfortable, because you don't want
Speaker 2: to demonize her or punish her for setting her financial
Speaker 2: boundary either, Like if she's saying my money is really tight,
Speaker 2: this is something that's really expensive, Like I want to
Speaker 2: be conscious of it, Like, we don't want to disregard that,
Speaker 2: because what we preach all the time, right is set
Speaker 2: your boundaries, talk about what's important to you. So I
Speaker 2: feel like your solution is, like, is a very practical
Speaker 2: one really, because you also have the right to be comfortable.
Speaker 2: Like if James said to me, oh, I want the
Speaker 2: house to be fifteen degrees, I'd be like, yeah, that
Speaker 2: is not going to work for me here.
Speaker 3: I think it's interesting as well because we don't have
Speaker 3: enough information about when this heat is on, Like is
Speaker 3: this heater being left on all day while we're at
Speaker 3: work or is it something that just gets switched on
Speaker 3: in one room when you get home from work and
Speaker 3: you know it's at the cool twenty four degrees that
Speaker 3: Jess is happy with, but it's just the like mainland
Speaker 3: droom or something after hours. So I think there's a
Speaker 3: lot to I guess, converse about, because hypothetically, if you're
Speaker 3: leaving the heater on all day to heat up for
Speaker 3: when you get home, that I can see why she
Speaker 3: might be a little bit frustrated that because that is
Speaker 3: a bit of a waste of money. You need to
Speaker 3: probably use your resources a bit better. But if you're
Speaker 3: only turning it on when you get home and you're
Speaker 3: actually being really conscious, I feel like that leans into
Speaker 3: more of a balanced conversation around Okay, well, I want
Speaker 3: to be comfortable with my own home, Like where's the
Speaker 3: happy medium? Because I know, Jess, if you and I
Speaker 3: live together and my house was twenty four degrees yet around,
Speaker 3: I would not deal not because of something and it's
Speaker 3: really exciting things.
Speaker 2: I'd be dying.
Speaker 3: I'd be like, oh, twenty four way too hot? Like really, yeah,
Speaker 3: one hundred percent. I'd be like ill, can you not?
Speaker 3: And like my husband would lose his mind, Like our
Speaker 3: heater has to go off entirely at nighttime, yeah, because
Speaker 3: we go absolutely cold turkey to bed, and when I
Speaker 3: wake up in the morning, the house is usually like
Speaker 3: thirteen or fourteen degrees before the heater goes on. And
Speaker 3: I'm I'm really happy with that. But it's really about
Speaker 3: I guess fair Like is there a fair use policy?
Speaker 2: Like is there? Yeah, that must be if there's.
Speaker 3: Yes, yeah, Like have we talked about it, Like your
Speaker 3: partner doesn't like use the heating all the time. Is
Speaker 3: it because it's too hot or is it because you're
Speaker 3: just using it consistently. What do they think fair use
Speaker 3: actually looks like? And then we can negotiate from there, like,
Speaker 3: let's have a start point.
Speaker 4: True, I didn't think about that. Maybe your partner is
Speaker 4: just extremely hot all the time and it's so sick
Speaker 4: of it.
Speaker 3: Or maybe it could be that the enity is too
Speaker 3: and it might be one thousand percent financial. I feel
Speaker 3: like this bit extent, like healthmate.
Speaker 4: Positions as well.
Speaker 3: Yeah, Like I don't know, Like I would be really
Speaker 3: miffed if I was working my life away twenty four
Speaker 3: to seven and then my housemate was at home with
Speaker 3: the heater blaring all day. Yeah, like, are you home
Speaker 3: a lot more than one person?
Speaker 1: I don't know.
Speaker 4: There's a lot of conversation to be had.
Speaker 2: Did everyone else think all right?
Speaker 3: So we asked do you live with your significant other?
Speaker 3: Seventy seven percent of you said yes, twenty three percent
Speaker 3: said no. We said, if yes, are you contributing to
Speaker 3: bills equally or based on income? Fifty eight percent of
Speaker 3: you said we are equal, baby, and thirty nine percent
Speaker 3: said nope, we split based on equity.
Speaker 2: I hope we had something to do with that. Jessicah
Speaker 2: love that.
Speaker 3: Then we asked, do you have different ideas on how
Speaker 3: much utilities like heating or cooling should be used? Then
Speaker 3: twelve percent of you said yep, it's constant battle, forty
Speaker 3: nine percent of you said sometimes, and thirty nine percent
Speaker 3: of you said nop.
Speaker 4: We're always on the same page. I'm never on the
Speaker 4: same page as my husband.
Speaker 2: I feel like sometimes it comes in a shock, like
Speaker 2: sometimes able comes in like it's always those first few
Speaker 2: months of the winter, right when you were just having
Speaker 2: heating on and you go, oh yeah, and then you go, okay,
Speaker 2: we'll switch it off earlier or whatever.
Speaker 3: But yeah, I feel like I can hear it in
Speaker 3: my head right now, Victoria.
Speaker 2: Have you seen the gas bill?
Speaker 4: Yes?
Speaker 2: No, but I'm sure you're about to show me.
Speaker 3: So we asked you guys what you thought and for
Speaker 3: your comments were, and here are a few of them.
Speaker 3: So one person said, we work hard to be comfortable
Speaker 3: in our home. Time to rework those percentages, maybe fair.
Speaker 3: Someone said, if the higher earning person is using the
Speaker 3: heater a more, they should paint more for the bills.
Speaker 2: Simple.
Speaker 3: Someone said, we put the same amount of money, but
Speaker 3: we cover each other on extras. If someone has spare cash,
Speaker 3: someone else said, just.
Speaker 2: Got a bill for one thousand dollars.
Speaker 3: For two months for two people living in a free
Speaker 3: standing house.
Speaker 2: Oh, what law is that?
Speaker 4: Maybe an accident? No, no, somebody who has abused their
Speaker 4: seat before.
Speaker 2: It absolutely isn't.
Speaker 4: My god.
Speaker 3: Someone else said, would you consider paying even more for
Speaker 3: the heating? They can afford x and you can just
Speaker 3: maybe pay the rest set of an outcome? Just kind
Speaker 3: of nice. Someone said, could you just offer to cover
Speaker 3: the extra heating or maybe try a small portable heater.
Speaker 3: I feel like that's a common traps.
Speaker 4: More expensive people.
Speaker 3: Think that small portable heaters are lack way cheaper, but
Speaker 3: they're actually not.
Speaker 2: Get some heatbags or some electric weat pats or something
Speaker 2: that's gonna be my have.
Speaker 4: An throw blanket.
Speaker 3: Oh yeah, Jess and I are going to do crafts
Speaker 3: soon and we're going to make wat packs.
Speaker 4: That's cute.
Speaker 2: Maybe we'll film it.
Speaker 3: We'll make you one. We'll make you a weak Thank you,
Speaker 3: keep you warm, all right? Someone else said, my boyfriend
Speaker 3: earns three times as much as me, but we split
Speaker 3: everything equally, and I'm really struggling. Yeah, so that's because
Speaker 3: you shouldn't be splitting everything equally. You should be talking
Speaker 3: about equity in a relationship, and if someone is earning
Speaker 3: three times more than you, I genuinely don't believe it
Speaker 3: is fair to split rent fifty to fifty. Yeah, Like,
Speaker 3: at the end of the day, I think there needs
Speaker 3: to be a really big conversation because we're not saying
Speaker 3: he needs to cover your expenses. But it is wildly
Speaker 3: unfair to think that your lifestyle is maintainable to the
Speaker 3: same lifestyle standards that someone with three times in income
Speaker 3: has right as to what you do. Like, absolutely not right.
Speaker 3: I think it's wild to think that, Like, let's pretend
Speaker 3: they're on one hundred and fifty thousand dollars and you're
Speaker 3: just earning fifty thousand dollars to go out for brunch,
Speaker 3: to pay the bills, to put on the table the
Speaker 3: food that you want to eat. Someone who has an
Speaker 3: income of one hundred and fifty thousand dollars is going
Speaker 3: to have very different expectations than someone with fifty thousand dollars.
Speaker 3: And I'm guaranteeing you that somebody who earns one hundred
Speaker 3: and fifty thousand dollars, we're not crucifying them. They earned that,
Speaker 3: they deserve that. But you know what mentality they have.
Speaker 3: They also go, oh, I've earned this. We should go
Speaker 3: on a holiday, babe. How are you going to afford
Speaker 3: that holiday if you're not dividing things VI equity instead
Speaker 3: of basically equal, Because at the end of the day,
Speaker 3: it's not going to be sustainable and you're going to
Speaker 3: create drifts and rifts in your relationship.
Speaker 2: And I think that that's a really bad position to be. Yeah,
Speaker 2: for sure.
Speaker 3: Moving on, a lot of people said you should start
Speaker 3: tracking the cost of hours that you're using the heater
Speaker 3: and then split it up and talk about it.
Speaker 2: Oh see, it's like a lot of mass.
Speaker 1: You know what.
Speaker 3: It seems like a lot of math, And I don't
Speaker 3: think we should be getting into the nitty gritty with
Speaker 3: our partner.
Speaker 2: And it also would be hard because it fluctuates hour
Speaker 2: to hour, like gas is more expensive, not always, but
Speaker 2: some companies charge more.
Speaker 4: Peak times and stuff.
Speaker 3: Yeah, I think it's just a conversation at the end
Speaker 3: of the day that we need to be having with
Speaker 3: our partners, with our housemates, with people that we live
Speaker 3: with around.
Speaker 4: Well, guys, the cost of.
Speaker 3: Living is increasing, gas and electricity increasing, Like what can
Speaker 3: we actually do to bring it down? And I feel
Speaker 3: like sometimes even looking into it, you might realize that
Speaker 3: the impact is not that big in comparison to the
Speaker 3: bigger things. Like this conversation might be coming from a
Speaker 3: place of I'm feeling really financially constricted about absolutely everything,
Speaker 3: and the thing that's set front of my mind is
Speaker 3: that you always have the heater on. So I'm going
Speaker 3: to direct my feelings towards that and be like, you're
Speaker 3: wasting money, rah rah, and then realizing that maybe the
Speaker 3: heater isn't the biggest thing in our financial story at
Speaker 3: the moment, So I think we need to break it up,
Speaker 3: have a look at it and go, well, what does
Speaker 3: this look like, and maybe accept that you might need
Speaker 3: to contribute more if you want to keep living your life.
Speaker 4: The whole way. Yeah, I love that.
Speaker 3: Great point is that all we've got time for today, though,
Speaker 3: I think so ah, Well, guys, have the best weekend
Speaker 3: and we will see you right early on Monday for
Speaker 3: our money diary.
Speaker 2: By bye.
Speaker 3: The advice shared on She's on the Money is general
Speaker 3: in nature and does not consider your individual circumstances.
Speaker 2: She's on the Money exists purely for.
Speaker 3: Educational purposes and should not be relied upon to make
Speaker 3: an investment or financial decision. If you do choose to
Speaker 3: buy a financial product, read the PDS TMD and obtain
Speaker 3: appropriate financial advice tailored to towards your needs. Victoria, Divine
Speaker 3: and Sheese on the Money are authorized representatives of Money
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