Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it. She's on the Money.
Speaker 3: She's on the Money.
Speaker 2: Hello, and welcome to She's on the Money, the podcast
Speaker 2: for millennials who want financial freedom. Today, my friends, it
Speaker 2: is Friday, which means it is time to get my
Speaker 2: little team back together to celebrate you. Ow incredible. She's
Speaker 2: on the Money community today. Mster greed she's going to
Speaker 2: be sharing her favorite money wins from the group. Miss
Speaker 2: Beck say ed she's got some very good broke tips
Speaker 2: for you. We'll be helping as a team to answer
Speaker 2: a juicy money dilemma, which this week is all about
Speaker 2: how to make your super work harder for you, and
Speaker 2: we're going to be unpacking something that you slid into
Speaker 2: our DMS about this week. We're talking guys about stingy friends.
Speaker 3: No one wants to be that person.
Speaker 4: No, that's just lots of.
Speaker 2: People are that person. So we're gonna chat about it. Okay,
Speaker 2: So before we get there, I want to know how
Speaker 2: have your week's been, mster Grich.
Speaker 3: Been doing anything fun but nothing crazy? We had a
Speaker 3: secondary flying high. Hush anyone who's playing along at home now.
Speaker 2: As we'll just kick you while you're down.
Speaker 3: This one was not my fault. This one was not
Speaker 3: my fault. We work up at five o'clock in the
Speaker 3: morning to the roof and the window leaking, which is
Speaker 3: really exciting.
Speaker 2: I actually cannot believe your love. I don't know.
Speaker 3: What what have you done? I'm like, what did I
Speaker 3: do to deserve?
Speaker 2: Did you do something? Did you do something in a
Speaker 2: past life where you just like really really really werenaughty?
Speaker 2: And then now everyone's like, let it rain on Jess's house.
Speaker 4: It's like manifesting in a funny way, like literally only floods,
Speaker 4: but not that, not not only.
Speaker 2: She's literally up to three floods in her house in
Speaker 2: the last two weeks.
Speaker 4: Oh actually, but your car battery did die. You've broken
Speaker 4: aule as well.
Speaker 3: So I dressing this we what else did you do
Speaker 3: this weekend? I got all the way through a glass
Speaker 3: of Pepsi max and what I found at the bottom.
Speaker 2: No, no, no, no, no big fat fly? Like no,
Speaker 2: absolutely not, absolutely not.
Speaker 3: I'm having literally the worst week of mind.
Speaker 2: You can come live with me.
Speaker 4: That's okay, this is weird, Like we need to study this.
Speaker 2: I'm not normally this unlucky, you know, she is just
Speaker 2: like is perfect normally, So I don't know why she's
Speaker 2: being thrown under a bus. But mentioning flies, why are
Speaker 2: they everywhere at the moment, I think it's dare because
Speaker 2: I can't deal with it. Yeah, I hate I swear
Speaker 2: like there are so many flies at the moment and annoying.
Speaker 2: Yeah they're in my house, Like where did you come from?
Speaker 2: Like my husband opened the back doors and we basically
Speaker 2: had a fight because I was like, you close those
Speaker 2: flies in my house? One out of ten?
Speaker 4: I know, so annoying, but no, I do. I need
Speaker 4: to figure out what's going on here. Guess maybe it
Speaker 4: did you annoy someone anyway, Well, someone put ext me
Speaker 4: do a cleanse.
Speaker 2: Yeah, we need to do a cleanse.
Speaker 4: When we finish this, we'll do a cleanse week. My
Speaker 4: week has been really nice, really Christmas y. I'm trying
Speaker 4: to like squoize all the Christmasy things in and you know,
Speaker 4: just seeing friends and like I'm busy and very tired,
Speaker 4: but also really really good my money when is that?
Speaker 4: I ended up not going to Meredith, which was very.
Speaker 2: Sad, But why did you, Meredith?
Speaker 4: Well, I just I realized, like I just couldn't afford it.
Speaker 2: And okay, that is a very good reason to say something,
Speaker 2: I'm proud of you. Oh you wouldn't have done that.
Speaker 4: Old me wouldn't have because I had been kind of
Speaker 4: talking it up for so long, and like I was
Speaker 4: messaging everyone I know, even though I didn't have a
Speaker 4: I was like, I'm going to Ameredith, I'm going to
Speaker 4: Ameretith and put it in my calendar. And old me
Speaker 4: definitely would have been like I'm going to find a way.
Speaker 4: I'm going to be broke, but I'm going to find
Speaker 4: a way. But this song was like so proud of you,
Speaker 4: thank you?
Speaker 3: Sound you rained all weekend? Yeah, I feel like that's
Speaker 3: actually also a life win for you.
Speaker 4: That's so true. I do hear it was very muddy,
Speaker 4: which is not great, So yeah, win win.
Speaker 2: It was really really love it. Did you do something
Speaker 2: you just like hung out with friends on the weekend
Speaker 2: instead I did.
Speaker 4: We had a Christmas night and cute Christmas games and
Speaker 4: watch Christmas movies.
Speaker 2: That is very very cute, very cute. And what about you,
Speaker 2: v As you can probably hear in my voice, I
Speaker 2: am still not one hundred percent, which is really frustrating
Speaker 2: because I feel really good. But I had what was
Speaker 2: a cute bronchitus last week, which is why you guys
Speaker 2: had to take the helm and take one for the
Speaker 2: team and do a whole episode without me, which is
Speaker 2: always honestly terrifying. So I'm like, what are they going
Speaker 2: to say? Like there's just like there's also just like
Speaker 2: such quick turnaround without pot cast editing that it means
Speaker 2: I can't vet it before it goes live and like
Speaker 2: change anything because like you'llow So I haven't listened to
Speaker 2: it yet, but I will. I'm just a little bit scared.
Speaker 4: Listen, Actually we did drag your name through the mud.
Speaker 2: I think you absolutely just keep it real. And then
Speaker 2: earlier this week, Brooke, who is our video content creator.
Speaker 2: She came back from the US, which is really exciting
Speaker 2: because she's been there for like three months working. I
Speaker 2: guess international. We're international team of girlies. Guys. It's about
Speaker 2: as international as we get, let's be honest. But she
Speaker 2: came back and we recorded so many videos over the weekend.
Speaker 2: We did this whole new series that is called is
Speaker 2: It Home Brand? Basically, oh so, like we got out
Speaker 2: all of these dupes. We went to the supermarket and
Speaker 2: like spent ages going through the aisles and being like, oh,
Speaker 2: they're fruit loops, they're dupe loops, like and picked them
Speaker 2: all up, and then we did blind taste testings and
Speaker 2: if you've already seen it, we've started posting the videos already.
Speaker 2: I got absolutely duped by the fake coke, and I'm
Speaker 2: really I'm so embarrassed for you.
Speaker 3: It's so adamant that you would always be able to
Speaker 3: taste the difference.
Speaker 2: Yeah, Like I was so clear because I'm such a
Speaker 2: Coke zero girlie, Like I don't want diet coke. I
Speaker 2: don't want full fat coke. We only drink Coke zero.
Speaker 2: Like I am a coke zero Stan like asked yes,
Speaker 2: one a day every day.
Speaker 3: She loves it.
Speaker 2: And then the que cola from Cole's Got me q cola.
Speaker 2: It was like in a one point two liter bottle
Speaker 2: dollar ten money win that is that is money win.
Speaker 2: It's a very good money win. But this girley couldn't
Speaker 2: tell you the difference to save her life.
Speaker 4: That's really cool though. I think that's such a great idea.
Speaker 2: It was fun. So we've done like a heap of
Speaker 2: those videos and I just got really good snacks over
Speaker 2: the weekend.
Speaker 3: Guys, I'm excited to see the series roll out to
Speaker 3: figure out what I can replace.
Speaker 2: Yes, I actually think it's so fun. So if you
Speaker 2: have a dupe like at the supermarket that you're like
Speaker 2: the home brand one slighs, we need to hear about
Speaker 2: it because we'll try it on the show.
Speaker 3: Yes.
Speaker 2: Anyway, let's get back to the community. Mister GRICI, what
Speaker 2: money wins do you want to share this week?
Speaker 3: My first money in this week comes from Brenda who
Speaker 3: said money win and loss. I traded in my old
Speaker 3: iPhone six, which I haven't used in years, and I
Speaker 3: got a fifty five dollar Apple give cut.
Speaker 2: That's good.
Speaker 3: My partner had broken my MacBook laptop charger the next day.
Speaker 3: So the money went towards that I didn't even know
Speaker 3: you could trade back phones that were that old. I
Speaker 3: think I have a few in a drawer that I
Speaker 3: just ow you now, like you're going to go through
Speaker 3: my drawer and trade them all back in. Yeah.
Speaker 2: I thought it was going to be only like the
Speaker 2: most recent iPhone or something.
Speaker 3: Yeah, so that's where you good. Fifty bucks is fifty bucks.
Speaker 4: Judging by your luck, they will be like, we're not
Speaker 4: taking in fact, we're not taking these, and also we're
Speaker 4: charging you.
Speaker 2: They're going to charge her Jessica's hext guys.
Speaker 3: Oh my gosh. Next, I've got money in from Lily,
Speaker 3: who said money win. I put twenty four hours between
Speaker 3: my spending, and when I checked back online the dinner
Speaker 3: that I wanted to buy, it was half priced down
Speaker 3: from one twenty nine to sixty dollars.
Speaker 2: Oh that's our money win.
Speaker 3: That twenty four hours between you and you're spending pays
Speaker 3: off in a big way.
Speaker 2: Hope you also got some cash back as well on
Speaker 2: a cash back app.
Speaker 4: Genius.
Speaker 3: Yes, ideally funny that you say that, because my next
Speaker 3: money wind comes from a Tara And she said money win.
Speaker 3: I was at Chadston when I found a pair of
Speaker 3: pants that I loved. I looked up the brand and
Speaker 3: they were ten percent cash back on shop back mudey Win.
Speaker 3: So I ordered them online instead of on site, and
Speaker 3: they were also on special on the website.
Speaker 2: Oh so that's such a money double money in. I
Speaker 2: feel like that's something I do all the time in store.
Speaker 2: It's low key, a little bit like mediocre middle aged
Speaker 2: white man, but like I will like google the product
Speaker 2: while I'm looking at it in the shop because I'm like, oh,
Speaker 2: my best deal on this. If I've decided I want
Speaker 2: to buy that, am I going to get cash back?
Speaker 2: It's so easy to do, and then also lots of
Speaker 2: places price match, so true, it's worth a try.
Speaker 4: Absolutely love that. I'm going to start doing that.
Speaker 3: Give it a crack. Why not? Next, I've got one
Speaker 3: from Victoria great name, who said.
Speaker 2: A fantastic name. I must be a genius.
Speaker 3: Her win is pretty. She said. I went thirty dollars
Speaker 3: over my Christmas gift budget, so I found a candle
Speaker 3: I already had to regift, which saved me from having
Speaker 3: to buy them a gift, and it put me back
Speaker 3: within my budget.
Speaker 2: Oh. I love that. That's actually so resourceful, very on
Speaker 2: brand for a Victoria. That's definitely something I would do,
Speaker 2: so clean fla.
Speaker 3: Next, I've got a money in from Julie, who said,
Speaker 3: not really a money win, but kind of in a
Speaker 3: roundabout way. I couldn't find a Christmas shirt that I loved,
Speaker 3: so I made one with my own painting. It didn't
Speaker 3: cost too much more than those generic ones in the shops,
Speaker 3: and I know that it's a keeper. And she's put
Speaker 3: a really cute picky I look so stive.
Speaker 2: I love this.
Speaker 3: I'm very hug and it's a good way to use,
Speaker 3: like if you already have a shirt at home. Yeah,
Speaker 3: and you'uring you have one of those Christmas parties where
Speaker 3: you need something festive, do a little diy job. Yeah,
Speaker 3: I love that, really iconic. Next, I've got one from
Speaker 3: Grace who said I've sold fifteen things on deepop since
Speaker 3: signing up a few months ago. I've cleaned out my
Speaker 3: garage and sold a few things on marketplace. I'm decluttering
Speaker 3: and I'm making money. Big win.
Speaker 4: Great.
Speaker 2: I love that. I love how proactive it is, though,
Speaker 2: because how many of us say we're going to do
Speaker 2: that and then don't do that. Yes, yes she's doing it.
Speaker 2: Get it, Grace, Well done, Grace.
Speaker 3: And lastly, I've got one from al who said money
Speaker 3: and feel good win. My daughter's school makes Christmas hampers
Speaker 3: for the homeless and families in need. I had one
Speaker 3: hundred and ten dollars in Woolworth rewards that I had
Speaker 3: forgotten about, so I used it to shop for the
Speaker 3: hamper donations. I also ended up getting an extra twenty
Speaker 3: dollars on rewards in that shop.
Speaker 2: Oh money win. That is very cool, so wholesome.
Speaker 3: Yeah, awesome, and another good one for I know a
Speaker 3: few weeks here we spoke about people who wanted to
Speaker 3: do charitable things but maybe didn't have the budget. If
Speaker 3: you ever rewards points, that's such a good way to
Speaker 3: use them, is use those things that you want to donate.
Speaker 2: Genius.
Speaker 3: That's everything, guys.
Speaker 2: I liked those ones. Yes, I feel like they were
Speaker 2: a very wholesome wrap up, a little bit festive, little
Speaker 2: bit budget, a little bit saving. I love it anyway,
Speaker 2: it seems like very festive. Long yeah, and you're you're
Speaker 2: in a festive mood this week. Back seriously, so right
Speaker 2: up your alley. But now I want to know what
Speaker 2: broke tips have you got for us this week?
Speaker 4: Okay, So, as per, I do have two from the
Speaker 4: community and one of my own soul that I know.
Speaker 2: Just to just to like mix it up a little
Speaker 2: bit up a little bit, be a little bit different.
Speaker 4: So the first one comes from Rhiannon and this.
Speaker 2: One is a little bit festive, so I love a
Speaker 2: festive money in Yeah, I feel like this one we
Speaker 2: may have mentioned before. That's okay.
Speaker 4: I thought it's a really good time to just kind
Speaker 4: of like emphasize how great this is. So Brandon says
Speaker 4: that in wool Ways, they have these cute Christmas designs
Speaker 4: on their paper bags. You can cut the bottom of
Speaker 4: it and use it as wrapping paper. So if you
Speaker 4: shop the all Wards a lot, maybe if you get
Speaker 4: your reusable bag and you have to buy the paper bags,
Speaker 4: that also doubles as wrapping paper, which I think is
Speaker 4: really cool.
Speaker 2: It love there.
Speaker 3: I saw someone on Instagram use their paper bag. They
Speaker 3: slipped it so that the writing was on the inside
Speaker 3: and they used it to wrap like a handpicked bouquet,
Speaker 3: which is another really much use for it as well,
Speaker 3: like they picked anything the flowers from their garden know
Speaker 3: something and they wrapped its like a beautiful little boutique bouquet,
Speaker 3: very cute, humble paper bag can do a lot.
Speaker 2: I've said this a few times on the podcast before,
Speaker 2: but I literally refuse to buy holiday wrapping paper. It
Speaker 2: is so ex defensive. So a couple of years ago,
Speaker 2: I went to office works and I bought a really
Speaker 2: big roll of craft paper, you know, like the brown
Speaker 2: craft paper, and I think it was like thirty meters
Speaker 2: or something ridiculous, and it was like fifteen dollars. It's
Speaker 2: all I've been using for wrapping, so you will always
Speaker 2: get a present from me wrapped in brown paper. And
Speaker 2: then I juz it up with like some fancy like
Speaker 2: string I get from the two dollar shop or something.
Speaker 2: Then everything under the tree matches, and people think that
Speaker 2: I'm being like, oh, look, how aesthetics she is. No,
Speaker 2: I'm cheap Like. The answer is cheapness, not aesthetics. But
Speaker 2: you know what, I like that you think I think
Speaker 2: that is going to work.
Speaker 4: I do love brown wrapping papers very.
Speaker 2: It's like a little bit rustic, a little bit helpful. Also,
Speaker 2: you could juse it up even more by like going
Speaker 2: to like Bunnings and getting some like Hessian string, like
Speaker 2: tying Hessian string and putting like a few gum leaves
Speaker 2: or something in it. So cheap, so cute, so cheap,
Speaker 2: you could draw a little festive okay you are. People
Speaker 2: would be like, hey, v I'm just wondering, why did
Speaker 2: a toddler decorate your presence this year? And I'd be like,
Speaker 2: that was me. I tried. I tried. It's the thought
Speaker 2: that counts.
Speaker 4: You can't yet blame that on your baby.
Speaker 2: No, no, but I will be what's your second broke
Speaker 2: tip from the community back?
Speaker 4: So this next one comes from Michelle. This one, I
Speaker 4: really do like it because I feel like this is
Speaker 4: the reality for a lot of people. So back in
Speaker 4: the day, when her and her family couldn't afford heat packs,
Speaker 4: they would fill an empty one point two five meter
Speaker 4: soft drink bottle with hot water. The lid would screw
Speaker 4: on tights and new leaks, and if you wrap it
Speaker 4: in a tea towel with a rubber band, you have
Speaker 4: a reusable heat pack. So that is really, really, it's
Speaker 4: a really clever way to kind of like make it
Speaker 4: through the winter. If you're like in a position where
Speaker 4: you literally can't afford a heat pack, you literally can't
Speaker 4: afford heating.
Speaker 2: Snaggy, you can kind of let in bed now.
Speaker 4: Exactly obviously, you know, don't put boiling water because.
Speaker 2: Your bottle melt.
Speaker 4: Yeah, just so nice, just the I think like when
Speaker 4: you just tin on the hot tap, like it doesn't
Speaker 4: actually get too hot these days anyway, that should do
Speaker 4: and that will ask you hopefull of the night, which yeah,
Speaker 4: I love this. I actually really like this broke tip
Speaker 4: and my one. This one is not so broke that
Speaker 4: you can't use Uber. This is like I can use Uber,
Speaker 4: but I'm also trying to save money. So I've noticed
Speaker 4: that if I'm trying to order an Uber, I'll go
Speaker 4: into the Uber app, I'll put in my destination. I'll
Speaker 4: leave the app three, four, maybe five times. So you
Speaker 4: got to start this early. You can't be meet You
Speaker 4: got to start this very early. Each time you leave
Speaker 4: the app, it gives you a little discount. I know
Speaker 4: this what happened all the time, but with me it did.
Speaker 4: It went I was getting an Uber from my friend
Speaker 4: and I was kind of just like waiting for her response.
Speaker 4: So this was just completely accidental that I happened upon this.
Speaker 4: It started at about thirty dollars and then it went
Speaker 4: all the way down to I literally think from memory
Speaker 4: it was thirteen dollars. It went from thirty dollars to thirteen.
Speaker 2: Dollars, just like a Thurge time.
Speaker 4: No, it wasn't. It was just a regular time. It
Speaker 4: just kept like saying, hey, are you forgetting something or
Speaker 4: you know this is still just do you need to ride?
Speaker 4: Here's twenty percent off, blah blah blah. It went all
Speaker 4: the way down. I just couldn't believe it. So while
Speaker 4: I was waiting for her response, I just kept like
Speaker 4: opening it and seeing what it's that going out of
Speaker 4: it again and blah blah blah. So I just it
Speaker 4: was completely accidental. And so now anytime I need an Uber,
Speaker 4: I do this and it maybe it takes about ten minutes,
Speaker 4: but give it a try.
Speaker 2: I like that. I've been using d D recently because
Speaker 2: I feel like when Uber's surging and I'm like, I'm
Speaker 2: not paying those surch prices, I go on DD and
Speaker 2: then I get a good ride whatever. Half the time
Speaker 2: they come, the car comes and it's got the Uber
Speaker 2: sticker on it because the drivers are using both app
Speaker 2: switch get it Queen's But my favorite thing about DD
Speaker 2: is if you don't use it for a while, they
Speaker 2: send you vouchers. They're like, oh, here's ten dollars off
Speaker 2: your next ride, and you're like, ha ha, I'll just
Speaker 2: stashing that.
Speaker 3: One away for future game the system.
Speaker 2: I'm all about gaming the system. I love that back.
Speaker 2: I feel like that was very wholesome, little bit festive,
Speaker 2: little bit smart. Also, yeah, good money wins, absolutely, I fish.
Speaker 2: Let's go to a really quick break and on the
Speaker 2: flip side, we're going to be unpacking how to make
Speaker 2: your super work harder for you, which is definitely something
Speaker 2: we all want. But then after that we're getting to
Speaker 2: the spicy conversation of talking about your stingy friends. And
Speaker 2: I think all of us like a little bit of goss,
Speaker 2: So don't go anywhere.
Speaker 3: Welcome back everyone. Let's take a listen to this week's
Speaker 3: money dilemma.
Speaker 5: Hi, there, have you got a money dilemma you just
Speaker 5: can't solve that. She's on the Money Team is here
Speaker 5: to help. Every week we tackle your dilemmas, both big
Speaker 5: and small, to answer your most burning money.
Speaker 2: Career and life questions.
Speaker 5: To get involved, simply head to our website and leave
Speaker 5: us a short voice recording and you might just find
Speaker 5: yourself on the show. Now, let's take a listen to
Speaker 5: this week's Money Dilemma.
Speaker 6: Hi, she's on the Money team. Love the podcast and
Speaker 6: all that you do. In the spirit of financial literacy
Speaker 6: and investing in my future, I've spoken to a super
Speaker 6: annuation management firm. They've estimated they could increase my super
Speaker 6: from roughly seven hundred K to one point two million
Speaker 6: over a thirty year period through a super fund account manager.
Speaker 6: Obviously this is appealing, but I don't want to go
Speaker 6: in blind. Their fee is three k one off and
Speaker 6: then one point six percent fee per anim of my
Speaker 6: super amount. In addition, I would have access to their
Speaker 6: team of financial advisors and mortgage broker for free. I
Speaker 6: want to engage these services and feel like this could
Speaker 6: be a great one stop shop. But are these fees typical?
Speaker 6: I know nothing is guaranteed in terms of future super performance,
Speaker 6: but want to optimize what I can as early as possible.
Speaker 2: I'm not going to comment yet because I want your comments. Guys.
Speaker 2: How do you feel about that? Jess? I know you
Speaker 2: know a little bit about like financial advice fees. What
Speaker 2: are your thoughts and feelings?
Speaker 3: I just my thoughts on financial advice in general, whether
Speaker 3: that's an advisor, whether that's mortgages, whether that's investments, is
Speaker 3: that if they're approaching you, I'm always.
Speaker 2: Sus I'm so glad you've said that because I let
Speaker 2: you go first, because I'm like sitting here with red
Speaker 2: flags everywhere all over this.
Speaker 4: Also they're saying I will get you from seven hundred
Speaker 4: thousand to well at one point.
Speaker 3: I don't know if maybe you've misunderstood the wording here
Speaker 3: is just not making sense to me, because if they're
Speaker 3: saying that they can take you from seven hundred thousand
Speaker 3: to one point two million and thirty years using our
Speaker 3: favorite compound interest calculator, Yeah, I can tell you that
Speaker 3: if you had seven hundred thousand dollars and you did
Speaker 3: quite frankly, not a whole lot with it.
Speaker 2: Tell me, tell me the specs you put it in.
Speaker 3: Jest, put it in assuming no additional deposits. You just
Speaker 3: have that seven hundred thousand that she's saying that it's
Speaker 3: there over at thirty year period, assuming an average rate
Speaker 3: of return of seven point five percent, which.
Speaker 2: Is what actually is on the money we always use.
Speaker 2: It is a little bit lower, a little bit more
Speaker 2: conservative than the average rate of return of the Australian
Speaker 2: shair market. Good job, es, I go, I'm out of
Speaker 2: a job.
Speaker 3: That she just told me. Well, we're estimating that you
Speaker 3: would have about six million, five hundred ninety and seventy
Speaker 3: four dollars. Yeah, so in two million is severely underperforming,
Speaker 3: like union.
Speaker 2: Yeah, you're not even doing the bare minimum, sir, Like
Speaker 2: even if we drop it down right, because I think
Speaker 2: Jess is doing exactly what I was doing. Let's pretend
Speaker 2: it's an average rate of return of five percent, because
Speaker 2: if you've got seven hundred grand, girl, you are doing well. Yeah,
Speaker 2: so can we talk about how you got seven hundred
Speaker 2: grand in super because like I need to know that story.
Speaker 2: But if you've got seven hundred thousand dollars in super,
Speaker 2: even if it's at a rate of return of five
Speaker 2: percent BECK over thirty years, that's three point one million dollars.
Speaker 6: Wow.
Speaker 2: So these guys, what do you need them for?
Speaker 3: And you're paying them three grand?
Speaker 2: Off the topic, I am always so skeptical of these
Speaker 2: superanuation management firms because usually, and I'm probably going to
Speaker 2: make some people in the industry really angry, and I
Speaker 2: kind of don't care. Usually, if you are a superanuation
Speaker 2: management company, you're a burn and churn company. You usually
Speaker 2: buy lists of people's phone numbers and you call them
Speaker 2: and go, hey, beck, we're a supermanagement firm, like we
Speaker 2: can help you. And you go, oh my gosh, so
Speaker 2: your license. So they go yeah, yeah, we just got
Speaker 2: given your number. Thought you were a good person to call.
Speaker 2: This happens all the time. We see it in our
Speaker 2: community so often. To be honest, you would be better
Speaker 2: off not paying a financial advisor to give you superannuation
Speaker 2: only advice for three thousand dollars and staying with a
Speaker 2: default fund in a balanced portfolio, like you would be
Speaker 2: financially better off by going on the money Smart website
Speaker 2: and having a look at your super comparison tool and
Speaker 2: picking that. I'm not saying that that's what you should do,
Speaker 2: because if you've got seven hundred grand in super Girl,
Speaker 2: you are doing incredibly and you definitely should see an advisor,
Speaker 2: but you should see a holistic wealth advisor, someone who's
Speaker 2: going to go, well, what goals are we trying to achieve?
Speaker 2: What does this actually look like? Why have you got
Speaker 2: seven hundred grand in super I'm assuming if you have
Speaker 2: that much in Super you're probably doing well outside of
Speaker 2: it and need some budget and cash flow help and
Speaker 2: some investing help, because that shouldn't be your only wealth
Speaker 2: creation asset. But to me, it's a massive red flag
Speaker 2: if they're then saying, but it's a really good deal, Jessica,
Speaker 2: you can get access to our financial advisors, mortgage brokers.
Speaker 2: I'm sorry. Mortgage brokers are free to begin with. Like, legally,
Speaker 2: mortgage brokers cannot charge you for their services. And as
Speaker 2: somebody who owns a mortgage broking firm called Zella Money,
Speaker 2: I don't like and this is coming from someone who
Speaker 2: used to also own a financial advice firm, you cannot
Speaker 2: be brilliant at everything. I picked one way and said,
Speaker 2: all right, I'm gonna have to step back because you know,
Speaker 2: as the director of Zellowealth and Zella Money, they're conflicting.
Speaker 2: They need so much of my time to be successful.
Speaker 2: Zello Wealth wasn't taking on new clients, and they weren't
Speaker 2: taking on new clients because I would be like, look,
Speaker 2: I don't have the capacity between she's on the money
Speaker 2: and growing this mortgage broking business to do the right
Speaker 2: thing by clients, So I'm not taking anyone new but
Speaker 2: if you're doing mortgage broking and financial advice in this
Speaker 2: economic situation where there's so much clients, I don't think
Speaker 2: you can be good at both. Like, and I don't
Speaker 2: mean to be rude, because I do have friends who
Speaker 2: own mortgage broking and financial advice companies, but they're not
Speaker 2: usually volume based companies.
Speaker 1: Right.
Speaker 2: They might be like, oh, Bet comes in and we
Speaker 2: help her along the way, and that can be really great, Like,
Speaker 2: it can be a fantastic service. However, if I'm going
Speaker 2: to go get a mortgage, like we know Jess is
Speaker 2: on her first home by a journey, Jess, I know
Speaker 2: benefits from working with someone who forty hours a week,
Speaker 2: day in, day out, talks about mortgages, talks to the banks,
Speaker 2: is completely across it, so that when Jess is like, oh,
Speaker 2: what's this mean, they're like, Oh, it's talking to west
Speaker 2: Pac yesterday. That's what this means. Whereas often when you're
Speaker 2: a financial advisor and a mortgage broker, you don't do
Speaker 2: that much mortgage work because the financial advice work takes
Speaker 2: so long and you're not as in touch with what's
Speaker 2: currently going on and with the interest rates going up
Speaker 2: and everything kind of in a shamble. You want someone
Speaker 2: who has their finger on the pulse, but like every second,
Speaker 2: not you know, once or twice a week. So I'm
Speaker 2: quite I don't know, assertive. That's why I like you
Speaker 2: having independent experts who are great in their field, and
Speaker 2: you build a little team that works for you, not
Speaker 2: necessarily going to a one stop shop. Because, don't get
Speaker 2: me wrong, sounds perfect in theory, it's not necessarily going
Speaker 2: to work out that way because they're often like, oh,
Speaker 2: it's just a hygiene factor. Oh, just as one of
Speaker 2: our financial advice clients she needs a mortgage, can you
Speaker 2: just get her one? Yeah, just honestly, whatever goes through easiest.
Speaker 2: It's not putting just in the best possible position. So
Speaker 2: to me, I'm gonna get a lot of hate for that.
Speaker 2: I'm going to don't care because I'm not even an
Speaker 2: advisor anymore. But these supermanagement companies or firms or whatever
Speaker 2: they're calling themselves, if they only do super and they're
Speaker 2: giving you access to their you know, super advisors, you
Speaker 2: don't really need that. You're probably getting it free already
Speaker 2: through your super fund. And for three thousand dollars to
Speaker 2: do initial advice for only one stream that's a lot.
Speaker 3: Who's your first thought because we've spoken about this before,
Speaker 3: but I feel like you're more similar to our listener
Speaker 3: in that have you been approach based on I like
Speaker 3: this before. What would your instinct be if you were.
Speaker 4: Totally well like, as you guys know, I used to
Speaker 4: like kind of work in super but I didn't initially
Speaker 4: think about how that looked over thirty years. Like Jess,
Speaker 4: I think you were like on top of it and
Speaker 4: you were like, this seems really low but math math,
Speaker 4: and I guess like my my first red flag, maybe
Speaker 4: maybe my only, because I'm not it was it was
Speaker 4: a while ago, you guys, so you know it's not
Speaker 4: fresh in the mind. But my first and maybe only
Speaker 4: red flag was that if someone's guaranteeing any kind.
Speaker 2: Of growth, yes, that's a red flag as well.
Speaker 4: No matter what it looks like, no matter like if
Speaker 4: it's pretty much guaranteed like in this case, like seven
Speaker 4: hundred thousand dollars, it's probably going to grow in thirty years,
Speaker 4: but even then, like guaranteeing growth in any situation, I'm
Speaker 4: kind of like, red flag that's not okay, Yeah, I
Speaker 4: like totally.
Speaker 2: I like that also, Jess, that seven hundred thousand dollars
Speaker 2: to quote guarantee growth to one point two million dollars.
Speaker 2: That's promising a two percent interest rate return over thirty years. Yeah,
Speaker 2: are you happy with two percent? Yes?
Speaker 3: I'm getting more on my savings acount right now, I'm
Speaker 3: hanning like double that on my seat.
Speaker 2: Exactly. We don't settle here nor bye. I think we'll
Speaker 2: wrap it there because I obviously don't want to go
Speaker 2: too too far into this but money dilemma person, could
Speaker 2: you please DM me that company? Because I love this
Speaker 2: US Yess the amount of times people dam me the
Speaker 2: companies that have like approached them. And then Jess and
Speaker 2: I sit at my laptop and I'm like, look at
Speaker 2: their pds, look at this, look at that, let's have
Speaker 2: a read through their license, what their heck? How do
Speaker 2: they get away with this? Look at their fees? Because
Speaker 2: if they're managing you're super right. I don't mean to
Speaker 2: be rude again. There are lots of financial advisors who
Speaker 2: are very actively managing super in a very very constructive way.
Speaker 2: And if you need a financial advisor and you're looking
Speaker 2: at this going v where the heck and do I go?
Speaker 2: You can actually just go to our website, and one
Speaker 2: of my team members will at you with one of
Speaker 2: our pre vetted financial advisors or mortgage brokers to make
Speaker 2: sure you're in the best possible position. It's kind of
Speaker 2: like I'm at you with my squad to make sure
Speaker 2: you're not getting screwed over, which I think is smart.
Speaker 2: But why such a high ongoing fee to manage super
Speaker 2: which is essentially set and forget in a way that
Speaker 2: is very Why are we doing that?
Speaker 4: You guys are vigilantes and I love it.
Speaker 2: I'm not having it. I'm not having it back, but
Speaker 2: I think we'll leave it there. So if anyone wants
Speaker 2: to slide into my dms with their financial advice fake companies,
Speaker 2: not fake but a red flag companies flag. I feel
Speaker 2: free because I love the goss. I love the drama.
Speaker 2: I'm here for it. But you know what else, I.
Speaker 3: Love more goss and more drama.
Speaker 2: Let's talk about the conundrum that you guys slid into
Speaker 2: our dams about this week? Are you strapped in, locked
Speaker 2: and loaded and ready?
Speaker 4: I am so ready?
Speaker 2: You are ready?
Speaker 1: All right?
Speaker 2: So here's the dam. Hey, she's on the money team.
Speaker 2: I have a money lamb before you. Yes, one of
Speaker 2: our friends is chronically stingy. She earns a very good wage.
Speaker 2: Her husband also earns a good income. Combined income, I
Speaker 2: reckon would be more than three hundred thousand dollars, and
Speaker 2: she comes from a very wealthy family. She invited twenty
Speaker 2: friends over for a barbecue for her birthday and originally
Speaker 2: said that she's doing a barbecue just byo your own booth.
Speaker 2: On the day of the barbecue, she messages everyone again
Speaker 2: and tells everyone that they have bought twenty four sausages
Speaker 2: for twenty people and have some nibbles, and if you
Speaker 2: want something else for the barbecue, then you need to
Speaker 2: bring whatever you would want for yourself. I get that
Speaker 2: we're at a cost of living crisis, but honestly, we
Speaker 2: are thirty three and she could have easily spent one
Speaker 2: hundred dollars to cater enough food for everybody. We not
Speaker 2: broke UNI students anymore. What should we do? Do we
Speaker 2: call her out for being stingy? Do we just accept
Speaker 2: it's her and move on? Help?
Speaker 4: See, I have my best friend is just like this. Literally,
Speaker 4: her birthday are two weeks ago. Everyone brought their own
Speaker 4: food for the barbecue. She kind of like framed it
Speaker 4: as a barbecue and then everyone just knew to bring
Speaker 4: her in food because we love her and we accept her.
Speaker 4: She makes a lot of money.
Speaker 2: But since your friend babe, I just think it's okay.
Speaker 4: I just think it's okay. I guess maybe give people
Speaker 4: more notice. Feel like, hey, I'm having a barbecue. I
Speaker 4: don't want to buy food for everyone, so I'll provide nibbles.
Speaker 4: You just bring whatever meat you feel like eating on
Speaker 4: the day, and we'll have like a nice I've been.
Speaker 2: To lots of barbecues like that. We're gonna have a
Speaker 2: barbecue at my place. I'm going to do a few salads,
Speaker 2: bring whatever you want to chuck on the barbie. Totally
Speaker 2: like drinks, that's fine.
Speaker 4: Yeah, yeah, I think it's completely fine. And like, honestly,
Speaker 4: three hundred thousand for two people in this economy. I mean,
Speaker 4: obviously I'm not making anyone new, even one of them,
Speaker 4: but I just think due to the economy right now,
Speaker 4: due to the cost of living, due.
Speaker 2: To what do you call it, V when you lifestyle creep.
Speaker 4: Yes, lifestyle creep and all these things, I'm like, you know,
Speaker 4: it's probably not even that March at the end of
Speaker 4: the day, you know what I mean, like it's a
Speaker 4: lot for some people, but for someone who's kind of
Speaker 4: this lifestyle for a long time, it's probably not that much.
Speaker 4: Like I say, little Bee, I think she's allowed.
Speaker 2: I'm laughing because I feel like I know what Jess
Speaker 2: is gonna say, because like she's got an Italian background haha.
Speaker 2: And like I had like a little dinner the other
Speaker 2: night with a couple of girlfriends over and Jess was there,
Speaker 2: and like I said, now it's all catered, like booze
Speaker 2: and food, don't worry, don't bring anything. She still brought stuff,
Speaker 2: obviously it's Jess. So I'm just like, what is your thoughts, Jess.
Speaker 3: I'm kind of into minds because I do if I
Speaker 3: was to host personally, I would take care of everything.
Speaker 3: But I think it's a very dangerous game to start
Speaker 3: implying that just because someone earns more than you, they
Speaker 3: should or should not be able to pay more for something.
Speaker 3: And I guess the timeframe thing is definitely I suppose
Speaker 3: the here for me. I think if you want people
Speaker 3: to bring their own stuff, that's so fine.
Speaker 2: That expectation at the beginning invite them to the part.
Speaker 3: Yeah, because some people might be in the position where
Speaker 3: they can't afford to bring a plate or can't afford
Speaker 3: to something, and so you know, they're saying yes based
Speaker 3: on assuming that it's all catered. Then they realize that
Speaker 3: they have to help Kate. So I think that that
Speaker 3: is the thing that I don't necessarily agree with, But
Speaker 3: I think that, yeah, you're right, Like, if that's the
Speaker 3: way that you want to do it, maybe they just
Speaker 3: couldn't be both cooking everything, you know, or maybe there's
Speaker 3: another reason that isn't necessarily stinginess. But I don't think
Speaker 3: that setting that boundary is necessarily a bad thing. Yeah,
Speaker 3: it's different in different friend groups too. If everybody else
Speaker 3: when they host caters for everybody and they're the one
Speaker 3: friend that isn't doing that, you know, and you want
Speaker 3: to have a conversation about that by all means, But
Speaker 3: I think be really gentle because you don't know what
Speaker 3: someone's finances look like.
Speaker 2: Either.
Speaker 3: You don't know if they're paying off huge amounts of debt.
Speaker 3: You know, maybe they've got this nice lifestyle but they're
Speaker 3: living on credit cards or whatever. Like I just think
Speaker 3: that the I'm kind of taking it away from the
Speaker 3: original question, but I think the thing that I'm that
Speaker 3: I don't love in this dilemma. Is that the idea
Speaker 3: that just because somebody earns more, that they should have
Speaker 3: a responsibility to be more financially responsible, which isn't completely watching.
Speaker 2: Is their budget not your budget?
Speaker 3: Yeah, and I know that that's not really what our
Speaker 3: dilimma person is staying either, But I'm just conscious of
Speaker 3: that school of thought I think can be a little
Speaker 3: bit dangerous or unfair, but it is difficult. Like if
Speaker 3: your friend is always doing this and everyone else is
Speaker 3: paying that, I can see where that would be irritating to.
Speaker 2: Yes, I think the question needs to be broken into
Speaker 2: two questions because I think that there's clearly some underlying
Speaker 2: stuff going on in addition to this. Right, So the
Speaker 2: first question and the real question here is my friend
Speaker 2: organized to barbecue. She's having twenty people over and she
Speaker 2: said she's doing the barbecue. Jest, you need to bring
Speaker 2: the boost. All of that's fine. Last minute she tells
Speaker 2: you you need to organize some food for yourself to
Speaker 2: bring to this party.
Speaker 3: Not good enough.
Speaker 2: I go, oh, that's just annoying, because like I'm the
Speaker 2: type of person who'd want to prep something and chuck
Speaker 2: it in the fridge the night before, or go to
Speaker 2: the supermarket, or have a think about like, oh, I
Speaker 2: really want to get this thing from Audi. Like, to me,
Speaker 2: going to somebody else's house and taking something requires a
Speaker 2: bit more planning than just popping past calls on the
Speaker 2: way there. I totally could pop class calls on the
Speaker 2: way there and pick up a container of snags and
Speaker 2: it should not be an issue because I was probably
Speaker 2: going to make lunch at home anyway. Right. So that's
Speaker 2: the question. During a cost of living crisis, can you
Speaker 2: at the last minute bring another budget thing on somebody
Speaker 2: else and be like, oh, hey, that barbecue I'm having today,
Speaker 2: you actually have to go buy some more stuff for it?
Speaker 3: Not last minute?
Speaker 2: Not last minute? Not fair. I think that that, to
Speaker 2: me is the question. The underlying issue here, to me
Speaker 2: is actually more about the person that's written in. I
Speaker 2: want to know why you care so much about what
Speaker 2: your friend is earning and what they're doing with their money.
Speaker 2: Why are you guessing how much that combined household has
Speaker 2: in income we know in today's world. And I wrote
Speaker 2: an article in the Age and the City Morning Herald
Speaker 2: a couple of weeks ago about this that the average
Speaker 2: or the average couple purchasing a home now needs three
Speaker 2: hundred thousand dollars worth of income to be really comfortable.
Speaker 2: So we're not talking, and I'm not saying that that's
Speaker 2: normal by any stretch of the imagination. But here you
Speaker 2: are going, oh, well, her husband earns a good income
Speaker 2: and she earns good money, and they should serve me.
Speaker 2: She comes from a wealthy family. What's that got to
Speaker 2: do with her catering your barbecue? She wanted to have
Speaker 2: a social gathering because the end of the day, I
Speaker 2: was at my house one day and I was like,
Speaker 2: I'd love to have Beck over for dinner. That's the conversation,
Speaker 2: not what my history is, what my background is, what
Speaker 2: financial status I'm in. Because Beck, you could do the same.
Speaker 2: You could be like, I want THEE and Jess to
Speaker 2: come over for dinns. That'll be fun. Jess, I'll cook
Speaker 2: the like, bring some booze, don't worry if you then
Speaker 2: sprung it on us. Oh, by the way, you're coming
Speaker 2: over for dinner, could you bring the food as well?
Speaker 2: I'd be like, rowd, I'm so excited for Beck's cooking
Speaker 2: and everything to do with why you're thinking about that,
Speaker 2: And I also look at it and go. Should you
Speaker 2: call anyone out for their stinginess, No, it's not your place.
Speaker 2: We've talked about this on the podcast before. You don't
Speaker 2: know what she's been through. You're assuming she's coming from
Speaker 2: a very wealthy family. What if there's a lot of
Speaker 2: financial abuse in that wealthy family where Jess, you know,
Speaker 2: mum and dad are super wealthy, and they only give
Speaker 2: Jess money if Jess does a certain thing or studies
Speaker 2: something particular, or you know, is home by a certain
Speaker 2: time every night, and money's really triggering for her because
Speaker 2: at the end of the day, it's a way that
Speaker 2: other people are controlling her.
Speaker 4: Yeah.
Speaker 2: Yeah, What if money is really really fickle and she's
Speaker 2: being stingy because she's trying to live within her means,
Speaker 2: because she never wants to rely on her family. These
Speaker 2: are things that we're not thinking about when calling somebody
Speaker 2: else out for being stingy. And if you're calling someone
Speaker 2: out for being stingy and you don't know their whole
Speaker 2: money story, you cannot say that.
Speaker 3: It's got to be more of a story. I feel
Speaker 3: like you don't label someone stingy off of the back
Speaker 3: of one or two things. So I feel like We're
Speaker 3: missing a lot of context here that would.
Speaker 2: Maybe calling people stingy. I just think it's so rude.
Speaker 2: Like imagine if we called Beck stingy? Is she no?
Speaker 2: You know what Beck is? She's super generous, she's good
Speaker 2: at blowing all the cash. Let's be honest. So is
Speaker 2: she being stingy or did she just not have the
Speaker 2: cash for that thing right now?
Speaker 3: Yeah?
Speaker 2: Totally, And it's not a stingy Beck.
Speaker 1: No.
Speaker 2: I wouldn't say that at all, Like out a fight
Speaker 2: with her before recording, because she was like, oh, do
Speaker 2: you want me to get to your coffee? And I
Speaker 2: was like, I can get my own. She's like, why
Speaker 2: do you always do this? Do you know what I mean? Like,
Speaker 2: it's not the stinginess that's a problem, it's your perception
Speaker 2: of it. And if you call somebody else stingy, you're
Speaker 2: judging the way that they are acting with money. You
Speaker 2: need to think more about yourself, bab.
Speaker 3: Yeah, because the situation with that first question that you asked,
Speaker 3: you know, is it okay to change the thing last minute?
Speaker 2: Is an organizational thing.
Speaker 3: It's not that they're stingy, it's that they've told you
Speaker 3: something last minute, yes, which is a whole different thing.
Speaker 2: Yeah, that is very true, and that I get with
Speaker 2: thirty three, But she totally could have spent the one
Speaker 2: hundred dollars and catered it better.
Speaker 3: A lot of money.
Speaker 2: Hundred dollars is a lot of money. So it's actually
Speaker 2: not that much food at the supermarket these days.
Speaker 3: Oh no, I said that on literally one bag of groceries.
Speaker 3: Nearly died.
Speaker 2: I'm so basic.
Speaker 3: Things not in my head.
Speaker 2: Me popping to the supermarket is like a thirty dollars trip, right, totally,
Speaker 2: like if I haven't gotten in my head in my head,
Speaker 2: we're not saying that's reality. And the other day I
Speaker 2: was like looking at my receipt and I've gotten like
Speaker 2: some stuff for dinner because somehow I'd eat all my
Speaker 2: Marley spoons. And actually I had to go to the
Speaker 2: shops myself, rude obviously got some little treaty treats. Myself
Speaker 2: of course, picked up some cat and dog stuff. All fine,
Speaker 2: what do you mean it's one hundred and twenty bucks
Speaker 2: if there's only one bag of groceries here, sir? No, Like,
Speaker 2: is this faulty machine? It wasn't. Everything's just getting so expensive,
Speaker 2: So I don't know. I think this underlying idea that
Speaker 2: you're going. Honestly, we're thirty three and she could have
Speaker 2: easily spent one hundred dollars to cater that's your entitlement showing,
Speaker 2: and I don't like it.
Speaker 3: Yeah, what did everybody else say?
Speaker 1: Though?
Speaker 2: All right, so they're probably gonna be nice in the main.
Speaker 2: We asked you a few questions. I'll get through those,
Speaker 2: then i'll tell you what people said. First question we asked,
Speaker 2: we said, do you think it's unreasonable for the birthday
Speaker 2: girl to tell her friends to bring food to her party?
Speaker 2: Sixty seven percent said yep, she should one hundred percent
Speaker 2: supply more food, and thirty three percent said no, it's
Speaker 2: actually really normal for people to be asked to bring food,
Speaker 2: which I think is answering that initial question without yeah
Speaker 2: the judgment. Question two, we said, if yes, and this
Speaker 2: was your friend, would you call them out on it?
Speaker 2: Thirty four percent said Yep, I would totally call them
Speaker 2: out for being stingy rude. Sixty six percent of you though,
Speaker 2: you're on our team. Nope, it's not my place to
Speaker 2: say anything. Question three, we said, do you think just
Speaker 2: because someone earns a good wage and is tight with
Speaker 2: their money they should be labeled as stingy. Fifty seven
Speaker 2: percent of you said if they won't buy more than
Speaker 2: twenty four sausages, then yes. Forty three percent of you
Speaker 2: said no, they might be saving for something. Yeap, Yes,
Speaker 2: I think is fair. And then we obviously said, guys,
Speaker 2: what's your two cents? So here's the first comment. The
Speaker 2: host should have asked everyone to bring a plate from
Speaker 2: the very start. Wouldn't have been an issue if that
Speaker 2: was the case. Someone else said, you should have been
Speaker 2: really clear that it was bwayo food from the outset.
Speaker 2: Someone said, in my friend's circle, we would always bring
Speaker 2: a dish anyway. Some of us earn more money than others.
Speaker 2: Someone said, I hate the idea that because you earn
Speaker 2: good money, you should be paying for other people's things.
Speaker 2: Totally agree. It's totally okay to ask people to be
Speaker 2: bringing food, but kind of rude to be showing up
Speaker 2: empty handed anyway, tbh. Jessica would never I kind of
Speaker 2: agree with that. Jessica made the other day the best gingerbread.
Speaker 2: Men like them? Yeah, it's like I liked the half
Speaker 2: of one I got because jess left me with some
Speaker 2: of them. Obviously, my husband got to the before me,
Speaker 2: and then I saw him walking down the hallway and
Speaker 2: I'm like, what's that. He was like, it's a gingerbread
Speaker 2: and I was like, that one was my one. He
Speaker 2: was like, but you didn't need it yet, Like apparently
Speaker 2: if it's just left out, it's fair game.
Speaker 3: Everyone for themselves.
Speaker 2: It was a full fight. So Jesse got the top
Speaker 2: with a Christmas tree. It I like, fool took it
Speaker 2: off him and I was like, this is not yours.
Speaker 2: I'll thank you, thank you, thank you. Someone said always
Speaker 2: play broke. Can't buy wine or share, but can seem
Speaker 2: to travel to Hawaii and Canada twice a year. I
Speaker 2: think that they're talking about one of their friends, which okay,
Speaker 2: So you're saying that your friend values travel over buying
Speaker 2: wine and wants to split the cost of an uber
Speaker 2: because you both incurred that cost they're allowed. Yeah, isn't
Speaker 2: that wild anyway? Someone said, you guys could have gone
Speaker 2: somewhere and not hosted twenty people. There were so many
Speaker 2: other options. It's tree, you could have gone out. That's
Speaker 2: more expensive, though.
Speaker 4: It sometimes ends up being more expensive, and.
Speaker 2: I love a little at home little shindigla. Yeah. Someone said,
Speaker 2: if you can't afford it, don't suggest it in the
Speaker 2: first place. I think it should just be the expectation
Speaker 2: that's set from the outset.
Speaker 3: Yeah, I think it's if you don't want to pay
Speaker 3: more than a certain amount. She just should have sent
Speaker 3: the message that she sent when she first organized. Yeah, like, hey, guys,
Speaker 3: I'm gonna have this many sausages and some nibbles and stuff.
Speaker 3: If you want anything else, feel free.
Speaker 2: To be Yoh. Someone said, a good wage doesn't mean
Speaker 2: that they're not in debt. Debt is not visible. They
Speaker 2: could be paying for something large, like medical bills or
Speaker 2: some debt they got into when they were younger. Totally.
Speaker 2: Someone else said, you don't actually know that you're making
Speaker 2: a grand assumption. What if she had a pay cut
Speaker 2: or there are some personal circumstances you weren't provy too. Yeah,
Speaker 2: I think she would work out well on the she's
Speaker 2: on the money team.
Speaker 4: Yeah. I just want to quickly mention Also, I forgot
Speaker 4: about this, but nibbles, I literally spent one hundred pinble.
Speaker 4: You want a cheese platter, so nibbles can be I'll
Speaker 4: put of one hundred.
Speaker 3: Dollars depending on nibbles could be like little kishas or
Speaker 3: party pies or like something that if you have that
Speaker 3: alongside your larger meal like box it out.
Speaker 2: Yes, totally, I agree. I've been trying to do like
Speaker 2: cheaper things. So the other night when the girls came over,
Speaker 2: I didn't do a big cheese platter because they are
Speaker 2: so expensive to pull together. But I did do like,
Speaker 2: and I'm famous for this. It's on Instagram if you
Speaker 2: want it, but a baked bree because like it's quite hefty,
Speaker 2: but like, at the same time, it's not just a
Speaker 2: bree and six million crackers around it and then having
Speaker 2: to like bulk it out. I baked one bree with
Speaker 2: like a packet of Filo pastry around it, so it
Speaker 2: became like the centerpiece of what we're having. And then
Speaker 2: we had you know, some fresh baguette and like some
Speaker 2: dip and some tomato stuff and it was really nice still,
Speaker 2: but honestly, it was so much cheaper than going and
Speaker 2: like putting together a cheese platter, because in my head,
Speaker 2: if I'm putting together a cheese platter, well I'm going
Speaker 2: to need a hard cheese. I'm going to need a soft.
Speaker 4: Cheese like grape I met.
Speaker 2: But you know what, I mean it like adds up
Speaker 2: and all the like little things are expensive on that
Speaker 2: platter totally, whereas like a beautiful little Bree and it
Speaker 2: doesn't even have to be expensive because you gonna bake
Speaker 2: it anyway. And then the feelo it worked out so
Speaker 2: well was in our newsletter a couple of weeks ago.
Speaker 2: We are not baking it. I don't know what salary
Speaker 2: you've got to be able to bake your das and
Speaker 2: that's not where Jess and I live. We can't, all right,
Speaker 2: Two more one said and I liked this one because
Speaker 2: they did make me laugh. Sounds like that person who
Speaker 2: wrote into you guys is a judge e mcjudge, judge.
Speaker 2: I don't want a friend like that. And then they
Speaker 2: did like four red flag emojis, and then someone else said, honestly,
Speaker 2: it's just the last minuteness of it all. It's so
Speaker 2: fine to ask if food can be provided, planning needs
Speaker 2: to be requested ahead, so and then they said last
Speaker 2: minute is quite rude. So I just agree with that.
Speaker 2: I just think give people time. Yeah, I want to
Speaker 2: make a bag to Bree and bring it do I
Speaker 2: can't do that in five minutes because I'm really like
Speaker 2: slow cook.
Speaker 4: But no, that's so true. I think general, I think
Speaker 4: we're all.
Speaker 2: On the same page. Yes, don't be judge. Everyone has
Speaker 2: a different financial circumstance. And if you think someone is stingy,
Speaker 2: have you actually thought about what their money story could
Speaker 2: be to lead them to be like that? With myne me? Also,
Speaker 2: what do you I have this genuine belief? Sorry, going
Speaker 2: back on a thing again, you cannot tell someone something
Speaker 2: about themselves that they cannot change in ten seconds. So
Speaker 2: like beca, I could be like, oh, there's something in
Speaker 2: your teeth, or hey, can I grab something out of
Speaker 2: your hair? Or oh, my gosh, did you realize your
Speaker 2: jumpers on backwards? Like things that you can immediately change
Speaker 2: about yourself, so you can go, oh, thanks, b And
Speaker 2: obviously you're not going to say it in front of
Speaker 2: a group of people. You'll be like, oh, Beck, you
Speaker 2: jumpies on backwards and you go, oh, my god, of
Speaker 2: course it is. If you can't fix it in ten seconds,
Speaker 2: you should not be pointing that out to somebody else.
Speaker 2: You're going, oh, Jess, you're really stingy. Wait what that's
Speaker 2: so rude? One out of ten, one out of ten.
Speaker 2: So let's leave it there for this week.
Speaker 4: What do you reckon seeing sister?
Speaker 2: Have a good weekend, my loves, and we will see
Speaker 2: you bright and early for another money Diary on Monday.
Speaker 4: Bye guys, byee.
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Speaker 5: in nature and does not consider individual circumstances. She's on
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Speaker 5: be relied upon to make an investment or financial decision.
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