Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yor
Speaker 1: the Order Kerni Whaltbury 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.
Speaker 2: Hello, and welcome to She's on the moneyodcast that makes
Speaker 2: personal finance fun, especially on Fridays. It's our favorite day
Speaker 2: of the week because I get to get my team
Speaker 2: together and celebrate you how incredible She's on the Money.
Speaker 2: Community is just agreed. She's back as always. I'm going
Speaker 2: to be sharing our favorite money wins of the week.
Speaker 2: Miss becksay ed. She's here with a number of different
Speaker 2: broke tips. She's broke, not just feeling broke. We'll be
Speaker 2: helping to endser a money dilemma which this week is
Speaker 2: all about not being fairly compensated at work and something
Speaker 2: that you slid into our dms about what do you
Speaker 2: do when you and your partner aren't aligned on your
Speaker 2: joint goals. I feel like that would be so hard,
Speaker 2: like you probably do. That's the end of the show.
Speaker 2: At the end of the show, Well you know how
Speaker 2: to sold fights communication. I thought you were going to
Speaker 2: say fists.
Speaker 3: Well you look at just.
Speaker 4: Like you about to kick her out off.
Speaker 2: Because I thought that Jess would say imvnication. Jess looks innocent,
Speaker 2: but like she could. She honestly is often on the
Speaker 2: verge of throwing hands through and through before we get
Speaker 2: to all of that, though, Guys, how were your weeks?
Speaker 2: I'm hoping none of you threw hands?
Speaker 4: You go first, because I feel like you did throw
Speaker 4: hands at least three times now that I can do it.
Speaker 2: No, I didn't.
Speaker 5: Good Happy Valentine's Day.
Speaker 2: Love it. I haven't done anything.
Speaker 5: Oh no, that's a total lie. We had a photo
Speaker 5: shoot yesterday.
Speaker 6: Anything.
Speaker 2: I'm like, I have literally had the biggest week, But
Speaker 2: I don't know where you were. We it was such
Speaker 2: a fun day.
Speaker 5: We got lots of content, lots of fun videos.
Speaker 2: We hired that house back down on the morning to
Speaker 2: Peninsula that we hired when I first did like our
Speaker 2: investing master class, so we're like, did our investing master class?
Speaker 2: Wanted like beautiful sets, and one of the most cost
Speaker 2: effective ways to do that was to hire out an
Speaker 2: airbnb essentially that we were allowed to film in so
Speaker 2: that we didn't have to hire like a production studio,
Speaker 2: which is really expensive. But then also our team all
Speaker 2: across the country and when we come together to do
Speaker 2: content weeks or content days, they need accommodation. So I
Speaker 2: said to the girls, what if we hired a really big,
Speaker 2: fancy house that's so clever. You all get a bedroom.
Speaker 2: All the bedrooms have on sweets, so you've got your
Speaker 2: own rooms and stuff. But we have this big girl
Speaker 2: house for a week, and it's just it is so
Speaker 2: much fun, like getting to produce content and have everybody
Speaker 2: in one place at one time. Like, it's just it's
Speaker 2: a very good week for me. I was wondering, No,
Speaker 2: it was not mine, absolutely not. It is currently for
Speaker 2: sale though Beck and Jess our money. If we pull
Speaker 2: our money, we still don't have enough for the deposit. Yes,
Speaker 2: it goes.
Speaker 5: The house, am I actually don't think I want to know.
Speaker 2: From seven mil whoa, that's so many.
Speaker 4: Dollaries, seven three hundred fifty thousand, literally, like you could
Speaker 4: buy a whole house for the Yeah.
Speaker 2: That's that.
Speaker 4: That's what I say for a little apartment.
Speaker 2: Crazy, it's crazy, Yes, it must be. We won't be
Speaker 2: doing that, but it's nice to borrow for a week. Yeah, yeah,
Speaker 2: it was very nice. Thank you for letting us borrow
Speaker 2: your house. Like, how was your week?
Speaker 4: Really good? Really cute? You know, I just I really
Speaker 4: like that I know that I'm in a relationship, but
Speaker 4: I also I really love my friends. My friends are
Speaker 4: the loves of my life, and so it's a very
Speaker 4: big like you know, I want to I want to
Speaker 4: celebrate Gallantine's Day and Guylanine's Day, Gylentine's Day, and they
Speaker 4: as well. So it's a big week of.
Speaker 2: I think you would just say Balentine, well, I guess
Speaker 2: I like how you were trying to be super political
Speaker 2: and like, yeah, want to correct and that include everyone.
Speaker 2: Valentine's would actually just meet the brief.
Speaker 4: Turns out actually that there's a word.
Speaker 2: It's good. It's good. You just wanted to share big love.
Speaker 4: Yeah, and obviously The photo shoot was so much fun.
Speaker 4: I've never felt so like fancy, you know what I mean.
Speaker 2: Standing in a seven million dollar home does up the
Speaker 2: antique does something to you in your bones. The confidence
Speaker 2: I feel like gross because you're like, the photos can't
Speaker 2: look that bad because look around. Yeah, yeah, people are
Speaker 2: going to be looking at me. They're going to be
Speaker 2: perving at what that mirror costs.
Speaker 4: Or yeah, and I think you can polish it herd
Speaker 4: if you're in a seven million dollar half.
Speaker 2: I think the thing that Jess and I loved most
Speaker 2: about the house is like we're pervy, right, so like
Speaker 2: everyone does this, Like, let's be honest, you're at an
Speaker 2: air banba. I'm opening the cupboards, I'm looking in the drawers.
Speaker 4: I'm looking at those tees y as individual.
Speaker 2: The individual packs of the tees they had. Jess and
Speaker 2: I go around and we look at the home. Wh
Speaker 2: we love a homework. Jess and I target kmart Eh
Speaker 2: and m so many of those things that I was like,
Speaker 2: oh my gosh, this bookshelf is probably going to be
Speaker 2: covered in like such expensive coment.
Speaker 5: Wasn't they really could exercise in Things don't have to
Speaker 5: be expensive to look I mean like granted, obviously you
Speaker 5: have the backdrop of the seven million at a home.
Speaker 2: Which and when we googled the dining table because we
Speaker 2: were like, oh, this dining table is stunning. It's fifteen
Speaker 2: thousand dollars. Yeah, couldn't be.
Speaker 5: But it was very cool to see that they did
Speaker 5: have a lot of beautiful accessories that were from kmartin target.
Speaker 2: Yeah, it's like they really did the high low. But
Speaker 2: I mean, maybe I'll get them in my house while
Speaker 2: looks seven million dollars.
Speaker 5: Is that how?
Speaker 4: Yes? Yeah?
Speaker 2: Good? My new Kmart cushions make my house look like
Speaker 2: the seven million dollar house exactly.
Speaker 4: Yep, that's exactly it works.
Speaker 2: It's not even half, not even a quarter like wild Anyway,
Speaker 2: this week has been really fun. But I was wondering,
Speaker 2: do you want to hear one of our five style reviews?
Speaker 6: Yes?
Speaker 7: Please?
Speaker 2: This one was really cute. So this one is from Jackie.
Speaker 2: She says, empowering like many others, has literally changed my
Speaker 2: perspective and my behavior towards money for the best. I've
Speaker 2: just made my first investment with an ETF and I'm
Speaker 2: so happy. I love the dynamics between the hosts and
Speaker 2: find the podcast overall to be a positive and educational space.
Speaker 2: Thank you and cute Jackie.
Speaker 4: Yes, and congratulations on your first ETF purchase and.
Speaker 2: She's an investor. And also like the fact that you
Speaker 2: took the time out of your day to just leave
Speaker 2: something positive on the internet. That's goo to thank you.
Speaker 4: Thank you so much.
Speaker 2: I adore it all right. Speaking of positive our Facebook
Speaker 2: community is one of my favorite places to hang out
Speaker 2: on the Internet. It's just grichie. Yes, what money wins
Speaker 2: and confessions are you bringing to the table this week?
Speaker 5: Well, when I start off with a follow up from
Speaker 5: a couple of weeks ago, you might remember I read
Speaker 5: a money win from someone about Planet Fitness. Oh yaid
Speaker 5: oh they're not Australian. How annoying they are. I said,
Speaker 5: I'd go away do some research. We had some queens
Speaker 5: slide into our dms to confirm that Planet Fitness is
Speaker 5: in fact a thing here.
Speaker 7: I like this.
Speaker 2: Podcasts actually a two way conversation, Yes slightly. I feel
Speaker 2: like a lot of podcasts are just like you hear
Speaker 2: the content, you leave it, No, no, no, the dms
Speaker 2: are open if we say something on here that's actually
Speaker 2: open conversations. I love that you listened to this but
Speaker 2: I actually want your opinion. And when they jump into
Speaker 2: the DMS and they're like, oh, you know how you're
Speaker 2: talking about planet fields are you kidding? That's great? This
Speaker 2: is just a long limited, once a week, I believe.
Speaker 5: But Alicia also slid into our DMS and said, apparently
Speaker 5: in the Newcastle area, Planet Fitness has changed the name
Speaker 5: to Earth, but they have the same amenities, so maybe
Speaker 5: look out for few rh like the cafe you are yeah, Earth,
Speaker 5: but to refresh people's memory, so you pay the ten
Speaker 5: dollar I think it's ten dollars a week. Is they're
Speaker 5: more expensive?
Speaker 4: This sounds like that.
Speaker 2: I promise ten dollars a week is the gym. The
Speaker 2: more they want to give us free memberships to like
Speaker 2: unlimited spray, it's like I want to test out once
Speaker 2: a week's bread okay, okay, okay, I guess we had
Speaker 2: it every single day, Jess, how many times do you
Speaker 2: need a spray? Tann in a well. This is what
Speaker 2: I was thinking because I was kind of running the
Speaker 2: math in my head because it's once a week. I
Speaker 2: just need a ten once a week.
Speaker 5: Totally, it's about five, so it's not about it is
Speaker 5: five dollars a week for their cheaper version, but that
Speaker 5: doesn't cover the extra enemities. So it's ten dollars a
Speaker 5: week for the more expensive they call it Black Card,
Speaker 5: and that includes your once a week spray tan, use
Speaker 5: of the hydro massage, use of the Red Life therapy boots,
Speaker 5: use of the massage.
Speaker 4: Chess Is that usd.
Speaker 5: The more expensive and crazy? And the thing I was
Speaker 5: thinking is I'm no longer like a regular tanning girly.
Speaker 5: But back in the day when I was doing my
Speaker 5: weekly tan you'd use about a bottle a month, right,
Speaker 5: And if you get like an Isle of Paradise or
Speaker 5: a Santropez that's about forty bucks a bottle. So for
Speaker 5: the same price that you were spending on tanning, you
Speaker 5: could just do the spray can and then you've got
Speaker 5: a due membership for free. In my mind, ye see,
Speaker 5: if I've gotten back into tanning, I've done the opposite.
Speaker 5: I feel like on social media there's like an uprising
Speaker 5: in influencers who are like, I'm not turning anymore, I'm
Speaker 5: embracing my pale skin, and I love that for them,
Speaker 5: but right now I don't feel that comfortable in my skin,
Speaker 5: and the like I'm sorry you can't deny it. When
Speaker 5: your body is covered in a coat of spray ten,
Speaker 5: my confidence increases.
Speaker 2: I'm sorry. It does something to my ego and at
Speaker 2: the moment, I need that. Yeah. So I'm just going
Speaker 2: to roll in ten every week and it's nobody else's business.
Speaker 2: I'm feeling much better about my body. Thank you for asking, as.
Speaker 4: You deserve to be.
Speaker 5: Planet Fitness was also the one. I think I read
Speaker 5: this in the money in where you can bring a guest.
Speaker 5: Actually this was your bread tip. You can bring a
Speaker 5: guest in staffed hours, so it's quite yeah, economical, I
Speaker 5: feel as well.
Speaker 2: So I don't know.
Speaker 5: I've never been to a Planet Fitness, so I can
Speaker 5: neither confirm or deny it. But I was thinking maybe
Speaker 5: I should just pay ten bucks one where you can
Speaker 5: go test the spray tan out.
Speaker 2: And there's one in Geelong, so it's not weird, yeah
Speaker 2: Geelong or long close to you.
Speaker 5: Yeah yeah, there are a few others. That was just
Speaker 5: the closest one to me anyway.
Speaker 4: We can one's called Planet Fitness, or that one's called
Speaker 4: Earth these.
Speaker 5: Are that's Planet Fitness, Okay, God genus website anyway, enough
Speaker 5: about them, But I just wanted to follow.
Speaker 2: What else I feel like, I feel like it's a
Speaker 2: good conversation to have.
Speaker 5: Yeah, I just thought the girlies might like to know.
Speaker 2: We followed up. We did ADDUI And because it's a
Speaker 2: two way conversation, can you girls tell me what is
Speaker 2: the best fake ten that I can do at home? Like,
Speaker 2: I don't want to go get us pray ten every
Speaker 2: week like I know some people do that. That's just
Speaker 2: not my journey. That is an admin nightmare. I need
Speaker 2: something that I can put on at ten pm, Like
Speaker 2: that's that's the vibe, that's the goal. Tell me what
Speaker 2: the best at home, like moose ten I think is
Speaker 2: for me. Yeah, the one that I can put on?
Speaker 2: What is the most like for you? Non fail? You
Speaker 2: have one that's weird?
Speaker 4: I sometimes they were faked what this is? Sometimes it
Speaker 4: was in the winter. Sometimes I just just for a
Speaker 4: little bit more orange because I don't I kind of
Speaker 4: go a bit gray in the winter. Oh yeah, weird.
Speaker 2: So what are you putting on? What it's called?
Speaker 4: It like a little bottle and it's you shake it
Speaker 4: and you it's foamy. It's like moosey. Yeah, foamy everything.
Speaker 2: Under the sun. Let's take this off list. Okay, and
Speaker 2: you can tell me which one you recommend, but I
Speaker 2: just need to know because like they aren't cheap anymore.
Speaker 2: And that's fine, but like I don't want to spend
Speaker 2: seventy dollars or sixty dollars or forty dollars on a
Speaker 2: bottle of fake tan that then makes me look orange.
Speaker 5: Totally fair.
Speaker 2: I paid my jues in high school with my orange tan.
Speaker 2: I don't need to relive that in my thirties.
Speaker 5: Yah, alright he Next, I've got money in from Jordan,
Speaker 5: who said she used the online chat to price beat
Speaker 5: via Bunnings, so she got an extra ten percent off
Speaker 5: the best price you could find for a carpet cleaner
Speaker 5: that Amazon had on sale. She ended up saving herself
Speaker 5: seventy bucks and she picked it up an hour later. Oh, okay,
Speaker 5: don't forget about the online price beat and you can
Speaker 5: do it the chatbots if you don't like talking to people.
Speaker 2: Yeah, sometimes it does feel like awkward when you're like, hey, so,
Speaker 2: oh can you see the online like this is actually
Speaker 2: cheaper in this other store? Can you price beat it?
Speaker 2: Or I could never I do? I absolutely regrets. Yeah, absolutely.
Speaker 2: Jb Hi Fire hates to see me coming. Yeah, I
Speaker 2: love a jb unlucky unlucky because I'll just get it
Speaker 2: up on my phone.
Speaker 4: And be like.
Speaker 5: Next, I've got money in from Tess, who said she'd
Speaker 5: been eyeing the Aora ring for ages but couldn't bring
Speaker 5: herself to splurge. Then out of nowhere, she won one
Speaker 5: at her gym.
Speaker 2: What which is crazy?
Speaker 5: And I thought this was a good spot to quickly
Speaker 5: interject because you and I both got these for Christmas.
Speaker 2: Yes, and we did, and they're so expensive.
Speaker 5: So expensive, and I love mine, but I will say
Speaker 5: I wish someone had told me this. Mine looks like
Speaker 5: shit now and I've had it for maybe a month.
Speaker 2: Like I don't even want to talk about it, Jessica,
Speaker 2: I text you a pho show. Yeah, so my husband
Speaker 2: bought me my Ara ring for Christmas because and do
Speaker 2: you know what, I will put the link to this
Speaker 2: in the show notes of this episode. I purchased an
Speaker 2: Alley Express, which is like direct from China kind of website.
Speaker 2: It's legit, It's okay. I purchased a dupe Aora ring.
Speaker 2: So for those of you following along at home, an
Speaker 2: Ora ring is like it's like it's got the functionality
Speaker 2: or a lot of the functionality of an Apple Watch.
Speaker 2: So it's a health tracker. So in my Ura ring,
Speaker 2: I can track my steps and my heart rate and
Speaker 2: my sleep and it's been really helpful. And I purchased
Speaker 2: it because I used to have an Apple Watch, and
Speaker 2: then I didn't like looking like a spy kid, so
Speaker 2: I stopped wearing it. But I did still want to
Speaker 2: track my health, right, but I couldn't commit to the
Speaker 2: Aura ring price because by the time you buy it
Speaker 2: a USD currency conversion, it's about seven hundred and fifty dollars,
Speaker 2: so it is a very expensive purchase. And when I
Speaker 2: look at the ring online and in like all of
Speaker 2: the TikTok videos, I looked at it's quite a chunky
Speaker 2: ring too, and like, I'm not a chunky jewelry kind
Speaker 2: of gal, so I wasn't even sure if it would
Speaker 2: be comfortable to wear. So I ended up buying and
Speaker 2: like researching, surely it's been duped, like the world is
Speaker 2: very savvy nowadays. Found it perfect depends on whether you've
Speaker 2: used Ali Express or not before, but it will cost
Speaker 2: you anywhere between like seventeen and twenty seven dollars for
Speaker 2: the basically the same thing. The only thing it doesn't
Speaker 2: do beck is your temperature. So a lot of people
Speaker 2: and one of the reasons why my husband then decided
Speaker 2: to purchase the real quote orring for me was I
Speaker 2: was in love and still I'm in love with my dupe,
Speaker 2: my cheap one. Jess Jess had to the cheap one
Speaker 2: as well. Looks the same. Yeah, it looks great, looks identical,
Speaker 2: and sadly wears the same. In fact, I think was
Speaker 2: it like Christmas Day or the day after Christmas. Jess
Speaker 2: and I were texting, We were like, whoa, we both
Speaker 2: got orderings, were so excited about it, and then I said,
Speaker 2: this is really exciting, but low key. Did you expect
Speaker 2: when you like opened the box and held your orring
Speaker 2: that it would feel like better quality? And Jess was like,
Speaker 2: oh my god, yes, because it didn't feel like like
Speaker 2: better quality than the dupe, like the dupe actually it's
Speaker 2: the same. In fact, I would say at this point
Speaker 2: my dupe is in better condition than my aura ring
Speaker 2: because my aura ring has completely changed color.
Speaker 1: I see.
Speaker 7: Yes.
Speaker 5: I just want to say heads up for anyone who's
Speaker 5: thinking about it, is mine is just so scratch scratched.
Speaker 5: Typically we're on my non dominant hand, which is what
Speaker 5: they recommend I take it off if I'm doing like
Speaker 5: I don't, you know, pick up weights or do dishes
Speaker 5: with it on, Like I try and.
Speaker 2: Look after it.
Speaker 5: But even so I've had it for like a month
Speaker 5: at it looks trashed, which I just thought the chance
Speaker 5: for was to let people know that because if you're
Speaker 5: spending I was shocked at truly spending so much money.
Speaker 5: So much money, I thought it would last longer, so
Speaker 5: you to do it, And I mean, it probably is
Speaker 5: going to last, but it just doesn't. It doesn't look
Speaker 5: as nice as it could. And I think that that's
Speaker 5: it's an important consideration. And like Jess and I think
Speaker 5: we're on the same page here.
Speaker 2: We upgraded to the Aura, and like that was something
Speaker 2: that I was like, oh my god, if I could
Speaker 2: get that for Christmas, like that would be elite. I
Speaker 2: really wanted to track my temperature because of fertility. Okay,
Speaker 2: so you can use it, Yeah, you can use it
Speaker 2: to track your period and use it as in my
Speaker 2: case at some point I want to get pregnant again,
Speaker 2: and like that's a really helpful tool to have. But
Speaker 2: if you don't care about that stuff. I can't see like,
Speaker 2: and the analytics are obviously deeper on aura, but like, honestly,
Speaker 2: the Duke, you know when you just like, is it
Speaker 2: worth It depends on where your values are at, really,
Speaker 2: but like try the Duke first and then maybe upgrade
Speaker 2: if you're like, oh I do love this or whatever.
Speaker 4: It just feels like such a war that sucks that
Speaker 4: you're like, it's.
Speaker 2: Even more exciting if you're testing. You win one for free.
Speaker 2: Oh my god, gym to give away.
Speaker 4: It's a great pres Wow.
Speaker 5: Next, I've got a money in from Color, who said
Speaker 5: she's returned back to work after taking some time off
Speaker 5: for her cancer treatment. She's managed to pay all of
Speaker 5: her beginning of the year bills with her very first paycheck,
Speaker 5: which is a massive win for her because obviously things
Speaker 5: are getting a bit stressful with not working.
Speaker 2: Just like, Carl, I hope you're doing well where yes,
Speaker 2: can you update us, like, are you're okay? I know
Speaker 2: that you had your treatment and you're back at work,
Speaker 2: but like you're doing right? Yeah, looking after you and
Speaker 2: making sure one hundred percent. And then also side note,
Speaker 2: sorry financial advisor comes out in my brain. I don't
Speaker 2: know if you have any insurances inside your superannuation. But
Speaker 2: if you do have like inside your super couple of insurances,
Speaker 2: check if you were able to claim on them. So
Speaker 2: I think a lot of people have this misconception when
Speaker 2: it comes to like life and income protection and stuff,
Speaker 2: that you can't claim on it unless you die, and
Speaker 2: you might actually be able to do what's called a
Speaker 2: partial draw down, which is where you can claim on
Speaker 2: your insurance for having a significant health event. So like check,
Speaker 2: just check, and it might be no, and then like, Okay,
Speaker 2: no worries. You haven't missed out on anything, but you
Speaker 2: might be missing out on some cash if you haven't checked.
Speaker 2: So sorry, financial advisor comes out.
Speaker 5: I'm sorry. Next, Tiven money went from Emily, who said
Speaker 5: her husband went to Vinnie's and she got a pair
Speaker 5: of brand new ugs that were priced at fifteen bucks.
Speaker 5: What they had ten dollars on their loyalty card, so
Speaker 5: he got them for five dollars.
Speaker 2: Than Kmart's, and Kmart's ones aren't even like real. Shirling, Yeah, shurling, shurling,
Speaker 2: that's crazy. That's like the sheep skin word.
Speaker 7: That's what that is.
Speaker 2: Shirley, that's cooler. You know that yeah, thanks essentially girl.
Speaker 2: Oh she used to wear track pants, ugg boots and
Speaker 2: a singlet.
Speaker 5: And then lastly this week I'm gonna money been from
Speaker 5: Ashley who said money win seven dollars a kilo for
Speaker 5: Cherry Hill cherries at Colds. Oh that's a gorgeous I
Speaker 5: will be stopping at Colds on my way home.
Speaker 2: I love cherries. Do you know what I really want
Speaker 2: to make?
Speaker 4: Side?
Speaker 2: Though I've never had cherry pie? Oh I love that song. Yeah,
Speaker 2: but like I want to try cherry pie. So I
Speaker 2: feel like I'm going to get some cherries that make
Speaker 2: like a from scratch.
Speaker 4: Yeah. Well today I feel like it's the day for it.
Speaker 7: Something.
Speaker 4: There's something sexy about cherry pie.
Speaker 2: Yeah, no, I like it all right, Beck, I need
Speaker 2: to know what are your broke tips for people who
Speaker 2: are actually broke?
Speaker 4: Yes, makes you feel broken?
Speaker 2: I feel like crazy?
Speaker 4: I must I must be missing a reference.
Speaker 2: You are missing a massive reference. I'll fill you in
Speaker 2: after the Yeah. Because there's a difference, Beck, I don't
Speaker 2: know if you know this, but there is actually a
Speaker 2: massive difference between feeling broke and actually being broke.
Speaker 4: Oh my god.
Speaker 2: Right, And like if people say they're broke online but
Speaker 2: they're not. They just feel broke a little bit offensive.
Speaker 2: Oh who are actually broke?
Speaker 1: Right?
Speaker 4: It's like I get it, I get that feeling, but
Speaker 4: also it's not fully the same. I think maybe poor
Speaker 4: and broke because it is if you like, have your
Speaker 4: have your savings and you are fine, you're asking, but
Speaker 4: if you've got savings, you're not broke, you're not broke,
Speaker 4: but you're still like, oh, I'm I'm have some extra
Speaker 4: cash to spend probably the way and you've spoken about
Speaker 4: this before, Oh yeah, as somebody who you know has
Speaker 4: very openly and we are very grateful for your generosity
Speaker 4: in terms of you being so open. But you're like,
Speaker 4: it does make me feel like trash when someone's talking
Speaker 4: about like, oh, I'm so broke when you literally are,
Speaker 4: but you know they have savings. Like it does scare me,
Speaker 4: you know, when like someone's like scared about something and
Speaker 4: you're like, oh my god, I feel exactly the same
Speaker 4: as you because we're in the exact same boat. And
Speaker 4: they're like, I'm scared, but here's my safety in net
Speaker 4: and you're like, WHOA, Okay, I don't actually have a
Speaker 4: safe in net. I should be way scared than you.
Speaker 4: And I didn't realize that until you said that. That's
Speaker 4: the kind of feeling. It's like I'm panicked now all
Speaker 4: of a sudden.
Speaker 2: Yeah, and that's not a situation anyone should be in.
Speaker 2: True anyway, any move on from that and I will
Speaker 2: explain the tea that.
Speaker 4: Wo oh my god, I'm so excited. So this first
Speaker 4: one comes from Sophie, who must know me a little
Speaker 4: bit too well because I mentioned a few would have
Speaker 4: been a few months ago. I reckon like this gaming
Speaker 4: app that sounds dodgy, but it's like thing. It's called
Speaker 4: free Cash or something. You download apps, you play games,
Speaker 4: you get money. He's legitimate because you have to watch
Speaker 4: all the ads and stuff it is. Yeah, you do
Speaker 4: have to watch as you don't to spend money. You
Speaker 4: don't have to spend a cent. I've made like seven
Speaker 4: bucks in a few months, but Sophie.
Speaker 2: Seven dollars in a few months I didn't have before.
Speaker 4: And it is fun.
Speaker 2: No judgment, fun, thank you, no judgment. Because I play
Speaker 2: candy Crush and I don't make it exactly.
Speaker 4: But imagine you're useless game totally. Imagine you're just like
Speaker 4: in a scroll whol for hours and you're like, oh man,
Speaker 4: this is so dumb. But then you're like, wait, I
Speaker 4: probably made forty cents today to take.
Speaker 2: Money playing would Q puzzle. I'd be I was earning
Speaker 2: money from watching tiktoks. I would be wealthy, and there was.
Speaker 4: Probably a way to do that.
Speaker 2: There's no figure it out.
Speaker 4: We'll figure it out. So Sophie said that shop Back
Speaker 4: actually have games on there. Sorry what Yeah, And so
Speaker 4: Sophie made fifty bucks. I haven't like, fully, Sophie fifty dollars?
Speaker 4: I know, isn't it so good looking into this? Yeah?
Speaker 4: That that that would have taken me like a year
Speaker 4: to make.
Speaker 2: So this is really in your gaming app. You need
Speaker 2: to I don't need free game anymore. I need shot
Speaker 2: Back shot back game. So I'm going to be checking that.
Speaker 4: I just wanted to let everyone know please check shot
Speaker 4: back games.
Speaker 2: Okay.
Speaker 4: And then the next one comes from Amrita, who says,
Speaker 4: if you check your spam, make sure there's definitely difference
Speaker 4: between spam and scam. I noticed this the other day too.
Speaker 4: Obviously you get your like all the promotional stuff in
Speaker 4: your junk inbox. But and Marita said that she found
Speaker 4: an email from my car auto you know, the kmart
Speaker 4: offering her one hundred dollars off and seventeen cents Oh
Speaker 4: did you Yeah, seventeen cents off petrol at Coal's Express.
Speaker 2: And that's not seventeen cents off is it's so good.
Speaker 4: And I believe it's seventeen cents off petrol is for
Speaker 4: like eight weeks, like two months or something, which is
Speaker 4: like a big chunk of time. So that's why I
Speaker 4: know it's a dumb break tip because I'm like, I'm
Speaker 4: telling you to check your spam, but.
Speaker 5: Don't forget my car points lover coming in my car.
Speaker 5: You can get FLYBYCE points when you do your services there.
Speaker 5: I didn't know that your tires and stuff and they
Speaker 5: I don't know if it's all services, but I know
Speaker 5: with my last but maybe it's a deal that they run.
Speaker 2: But look into it.
Speaker 5: I got a year of free roadside assistance with my sermon.
Speaker 4: Yes, I always get one of those.
Speaker 5: Yes, So don't like, don't pay for roadsid assistance, just
Speaker 5: totally do you know what I mean?
Speaker 2: Double stack it?
Speaker 4: Oh my god, double stack it. God, You're so smart,
Speaker 4: You're so smart with your words. And then this next
Speaker 4: one comes from myself. Obviously it's Valentine's Day and my
Speaker 4: pacycle falls on the fifteenth, and so oh no, I know.
Speaker 4: So I'm like, well, all this and also mine just
Speaker 4: as anniversaries on the seventh of February, so it's seventh
Speaker 4: of February, fourteenth of February. I'm like, I ain't got
Speaker 4: any money left. That's savings, that's everything. I've got no
Speaker 4: money left for arguably one of the biggest times of
Speaker 4: the entire year for me and my partner. So I
Speaker 4: decided to take up a few different hobbies that were
Speaker 4: really really cheap. So crocheted a big love heart pillow.
Speaker 2: Why the sweet.
Speaker 4: That's very sweet, But I just want you guys to
Speaker 4: know that it literally costs, like I think I was
Speaker 4: thirteen dollars in total. That's the stuff, that's the yard,
Speaker 4: that's the crochet needle. But you actually use my finger
Speaker 4: because it was so thick.
Speaker 2: You crocheted with your fingers. Yeah, my finger was so
Speaker 2: you're a crochet with your fingers and I'm an ally.
Speaker 4: Yes, yeah, no, gorgeous.
Speaker 2: Imagine the power. We have so much power.
Speaker 4: So that was, honestly, yeah, because the croshet neodle was
Speaker 4: not actually needed. I used my finger instead. That was
Speaker 4: probably eight dollars in total.
Speaker 3: And that's a.
Speaker 4: Gorgeous gift you straight with a bit of your perfume.
Speaker 4: Gorgeous and you're so sweet.
Speaker 2: Can you imagine in the rip out party?
Speaker 5: Absolutely not, absolutely not, like I'm leaving vicariously through you.
Speaker 4: That's so cute. Well suggestions if you got The next
Speaker 4: one is actually I also took up pottery and literally
Speaker 4: with like the firing and all this, like legitimate pottery.
Speaker 2: I saw on your instagram your pottery creations. They were
Speaker 2: so cute. Yes, thank you.
Speaker 4: So I have, you know, a match box which I'll
Speaker 4: share online, matchbox ceramic that is usable. I'm trying to
Speaker 4: figure functional is the way I'm thinking of. And then
Speaker 4: obviously all these other little trinkets and things like that,
Speaker 4: and the whole so cute. The whole thing was like
Speaker 4: the fifteen dollars for ten killers of clay, which is gigantic.
Speaker 4: It's gonna last for the rest of my life. And
Speaker 4: then to actually get everything fired is like, I don't know,
Speaker 4: it's ten dollars a kilo or something.
Speaker 2: When you say to get everything fired, oh sorry, you
Speaker 2: take it somewhere and you just get it fired, like
Speaker 2: is there like a clay shop.
Speaker 4: Yes, well this didn't make any sense to me before
Speaker 4: I did this, but my my friend actually told me,
Speaker 4: so you have to go to a pottery. I go
Speaker 4: to Northot Pottery, which is actually not in Northgate's in
Speaker 4: Brunswick East. They're just Google pottery supplies near you fire
Speaker 4: things for you. They also fire things and so you.
Speaker 4: Firstly I had no idea. Yes, and so my friend
Speaker 4: I get that was a hobby that was out of reach.
Speaker 4: Oh my god, totally I thought the same thing. But
Speaker 4: I would recommend stoneware clay. It's easier for beginners to like,
Speaker 4: it's malleable whatever. So you go in and then you
Speaker 4: do one firing. You glaze it, you paint it, You
Speaker 4: paint it, you glaze it, you fire again. That's it,
Speaker 4: which sounds very You are.
Speaker 2: So creative and tell people will have partners that I'll
Speaker 2: like tonight. They're going to be like I thought about
Speaker 2: getting you flowers. I thought about taking you out for dinner.
Speaker 2: I thought about thoughts dump him.
Speaker 4: No, thoughts aren't paying the bills.
Speaker 2: If you guys could see beck, Yes, what's just wearing today?
Speaker 4: Well this is really it was quite a festive jumper.
Speaker 2: It's pink and red.
Speaker 4: It's pink and red. It's beautiful, it's romantic, and if
Speaker 4: I squint my eyes a little bit and look a
Speaker 4: bit closer, it actually reads dump him. And so I
Speaker 4: think it's like, maybe it's on brand for today in
Speaker 4: big red, big red writing letters it says dump him.
Speaker 4: So I think it's a reminder to anyone out there,
Speaker 4: whether you're doing a he or her, if they're not
Speaker 4: putting in the effort, then friends are the best alternative
Speaker 4: to and the best everything. But you don't need a partner.
Speaker 4: And if they're not putting effort, go to your friends
Speaker 4: and have a nice Galanine's day.
Speaker 2: Not hand sculpting you Clay, Yes.
Speaker 4: Is that exactly exactly?
Speaker 2: Someone is going to have to let this man in
Speaker 2: on the secret I'll him off.
Speaker 5: Well, I love that.
Speaker 2: I feel like that is very wholesome. Let's go to
Speaker 2: a really quick break. On the flip side, we are
Speaker 2: going to be having a chat about not being fairly
Speaker 2: compensated at work, which is going to be hard and
Speaker 2: something you slid into our d MS about this week.
Speaker 2: We're talking what to do when you and your partner
Speaker 2: aren't aligned on your joint goals not on Valentine's Day.
Speaker 4: A savage.
Speaker 5: Welcome back everybody. Let's take a listen to this week's
Speaker 5: money dilemma.
Speaker 6: Hi.
Speaker 2: There, have you got a money dilemma you just can't
Speaker 2: solve that. She's on the Money Team is here to help.
Speaker 2: Every week we tackle your dilemmas, both big and small,
Speaker 2: to answer your most burning money, career and life questions.
Speaker 2: To get involved, simply head to our website and leave
Speaker 2: us a short voice recording and you might just find
Speaker 2: yourself on the show. Now, let's take a listen to
Speaker 2: this week's money dilemma.
Speaker 7: Hi, my issue is about pay rises and job title change.
Speaker 7: So I work as a product developer for a medium
Speaker 7: sized fashion brand and our product team consists of my
Speaker 7: manager who's the head of product, another product developer, and
Speaker 7: a print coordinator. We used to have a fashion designer.
Speaker 7: As of that they've fired her. During our either review,
Speaker 7: we was discussed that we were understaffed and overworked, so
Speaker 7: we'll be hiring someone new to help us out. Shortly after,
Speaker 7: the other product developer announced she was pregnant, so our
Speaker 7: new hire was going to turn into a maternity lived
Speaker 7: cover due to personal reasons my manager has moved away
Speaker 7: for six months and we'll be working remotely print corner
Speaker 7: it has just quit. But don't live in a major city,
Speaker 7: so it's hard to find someone with the right experience.
Speaker 7: And now my manager's not in town, she won't be
Speaker 7: able to train someone new. So what was the team
Speaker 7: of five has now become a team of two who
Speaker 7: is just me and my boss who was working remotely.
Speaker 7: I've now been tasked with handling print work, fashion design,
Speaker 7: and product development. Last year, we had three full time
Speaker 7: staff members for these roles, and now it's just me.
Speaker 7: This is casually mentioned to me in a group setting
Speaker 7: for framed as an opportunity for me to grow. Last year,
Speaker 7: I did ask for a pay rise and I was
Speaker 7: told that growth isn't linear and that my role depends
Speaker 7: on experience over time. As I don't have KPIs. I
Speaker 7: suspect asking for another pay rise will mean she'll just
Speaker 7: say that it's temporary for the next six months and
Speaker 7: once the other developer comes back, the role will change again.
Speaker 7: Help me, please, I can send you more in for
Speaker 7: mo gay.
Speaker 4: I Did you say mo gay?
Speaker 2: I said okay, okay, mogay does doesn't make sense like
Speaker 2: even problems.
Speaker 4: This sounds really that this this is so annoying. One
Speaker 4: of my biggest pet peas. Maybe it's not identical to
Speaker 4: what our listener is talking about, but when companies, either
Speaker 4: strategically or accidentally or whatever, make the team a little
Speaker 4: bit less and less, like every year, just subtly and
Speaker 4: like give each person, pre existing person more responsibilities until
Speaker 4: they have so little people in their team that they
Speaker 4: don't have to pay that much. But everyone they're still
Speaker 4: doing all the work.
Speaker 5: That's what I'm trying to say.
Speaker 4: And that's that annoys me. But I don't have any
Speaker 4: advice that Victoria could give.
Speaker 2: What about advice that you would give.
Speaker 4: I would find a whole different place to work, I
Speaker 4: would start. Yeah, I would be leaving there as soon
Speaker 4: as possible.
Speaker 2: So Beg's over and out.
Speaker 1: Yeah I am.
Speaker 4: And I think I just we're not just numbers, were
Speaker 4: not money makers. We're just where like they't haven't seen
Speaker 4: that already been there, they haven't like kind of been like,
Speaker 4: oh wow, we're really putting a lot of pressure on
Speaker 4: our team already.
Speaker 3: Then I.
Speaker 4: I just think you should leave. I just think you
Speaker 4: need the stuff from scratch, you need to get out
Speaker 4: of their asap and maybe that's bad advice.
Speaker 2: No, that's not bad advice. It's advice from a friend.
Speaker 2: That's true, the advice from a friend, your friend.
Speaker 4: I'm your friend exactly, but it could be redeemable. Mmm, Jess,
Speaker 4: what are your thoughts. Well, you said that it's your
Speaker 4: Severie has said that it's based on the breadth of
Speaker 4: your role rather than role.
Speaker 2: She was going to go down.
Speaker 5: Oh that's great to year because the breadth of my
Speaker 5: role has expanded to include three other people's jobs. So
Speaker 5: by your definition, I should be earning all of their salaries.
Speaker 2: God is so embarrassing. Sorry, carry on.
Speaker 5: Just obviously they're not going to do that. But I
Speaker 5: would argue that you're in quite a position of power
Speaker 5: like they have lost. Oh yeah, you are in a
Speaker 5: massive position effect. You probably don't feel that way right now,
Speaker 5: but you are, my friend. They've lost every staff member
Speaker 5: but one who is remote.
Speaker 2: You'rely and it's your manager.
Speaker 5: It's your manager. You're the only one holding down the fort.
Speaker 5: You've just told me it's very difficult to hire into
Speaker 5: your job. Everything that you have just said says to
Speaker 5: me that they can't afford to lose you.
Speaker 2: Like, do you know what I mean.
Speaker 5: And obviously, if you're not being looked after, as Beck said,
Speaker 5: get the hell out of there. But I would be
Speaker 5: sitting down with your manager and saying, hey, I'm doing
Speaker 5: the jobs of three people. You haven't replaced any of them.
Speaker 5: I've taken on all of their workload, or we've split
Speaker 5: it between myself and my manager. However it's worked, list
Speaker 5: out all the things that you're doing that you weren't
Speaker 5: doing before and say hey, like, either you compensate me
Speaker 5: for this, I just can't do it actually, yeah, or
Speaker 5: I'm getting out of here. Yeah, those are your options.
Speaker 4: Yeah, it's so good.
Speaker 2: It's an interesting conversation to have because I think a
Speaker 2: lot of us go oh, it can be absorbed and
Speaker 2: you go, yeah, of course. And I mean in our team, happen.
Speaker 2: We're a tiny team, so you know, if someone leaves
Speaker 2: or if you know, let's a good example, someone's on holiday,
Speaker 2: I'll be like, hey, Jess, can you help out for X,
Speaker 2: Y Z. And I feel like that's very different. No, no, no,
Speaker 2: it is very different. But like you'll shift around what
Speaker 2: you're doing and put a few things off so that
Speaker 2: in your thirty eight hours of work a week, like
Speaker 2: you can accommodate a few extra tasks, but if I said,
Speaker 2: can you please take on Brooklyn George's roles, your current
Speaker 2: role needs to step back as well, because you're telling
Speaker 2: me that there's going to be more capabilities that I
Speaker 2: need to fulfill each and every single week. But at
Speaker 2: the end of the day, you're actually only paying me
Speaker 2: for thirty eight hours a week, like you are paying
Speaker 2: me to be present for those hours. So I would
Speaker 2: be sitting down and going okay, cool, like I do
Speaker 2: all of these things, and you've just given me a
Speaker 2: list of other things you want me to do. Which
Speaker 2: ones are going to take a cut? Like which ones
Speaker 2: am I not doing?
Speaker 4: So like I do?
Speaker 2: And you might want to break down the role because
Speaker 2: like they can't really argue with this. You want me
Speaker 2: to break down the role into okay, well, you know, don't.
Speaker 2: I don't really know what you do because I know
Speaker 2: you developer, but I don't know what this means. When
Speaker 2: you said print coordinator, I was like, I don't know
Speaker 2: what a print coordinator is, but they must be important
Speaker 2: because you've said you've lost them, so you had five
Speaker 2: people and you do not have the capacity to do
Speaker 2: all of those roles. So I would be sitting down
Speaker 2: and going okay, cool, Like, I do my job for
Speaker 2: thirty eight hours a week. Did you want me to
Speaker 2: like allocate fridays to doing parts of her job?
Speaker 1: Oh?
Speaker 2: Yes, no, maybe, no, no, no, we're hoping you can
Speaker 2: do it on top of that. Okay, Well, one, when
Speaker 2: am I finding the time? Because that's actually really unreasonable
Speaker 2: to expect. But two, no worries. Back to what Jess
Speaker 2: was saying. You said, growth isn't linear. It's going to
Speaker 2: be based on you know, what I take on, And
Speaker 2: that's fine. So if I'm taking this on for this
Speaker 2: period of time, I do actually expect to be compensated.
Speaker 2: And I know that our listener wrote in or voice
Speaker 2: it in and said, you know, maybe I would revert
Speaker 2: back to the original salary, Like and let's pretend you
Speaker 2: really want to stay in this job and it's not
Speaker 2: about leaving and finding somewhere that values you. Maybe that
Speaker 2: actually never happens, like because after six months, let's pretend
Speaker 2: that Maternity Live Cover comes back and you know, other
Speaker 2: people are on the team and they go, oh, we're
Speaker 2: going to put you back to your other salary. I
Speaker 2: would go, Okay, great, noise who's taking those jobs off me?
Speaker 2: Because I can almost guarantee they won't take the jobs
Speaker 2: off you, and at that point they can't revert your
Speaker 2: payback because you'll be like, cool, So are you saying
Speaker 2: that you now want to pay me less to do
Speaker 2: the same job, or are you actually going to be
Speaker 2: taking that off me? Because if you're going to be
Speaker 2: taking that off me, great, And I'm not going to
Speaker 2: beat around the bush here. You don't need to be
Speaker 2: paid for the two people's roles if you're not doing
Speaker 2: the two people's roles. But I can almost guarantee that
Speaker 2: if you've taken this on and proven to them that
Speaker 2: you do it, and you're doing it really well, this
Speaker 2: sounds like a company that's probably not going to hire
Speaker 2: if they don't need to. If you're proving capable and
Speaker 2: confident in that role. We're not talking about burnout or
Speaker 2: we're not like you need to take all those things
Speaker 2: into consideration. But the likelihood of them actually dropping your
Speaker 2: salary back to what it was before would mean that
Speaker 2: they would have to sit down and talk to you
Speaker 2: about the fact that they're taking capabilities off you. Because
Speaker 2: if they said, oh, Beck, it's been six months, we've
Speaker 2: hired this person, you go, cool, how's my job changed?
Speaker 2: Embarrassing for them?
Speaker 4: True?
Speaker 2: So also you mentioned that you don't have KPIs. Not
Speaker 2: every business has KPIs. We don't. She's on the money,
Speaker 2: we don't have KPIs, like just doesn't have any. But
Speaker 2: that doesn't limit her. So what that says to me
Speaker 2: is that the business is using their lack of framework
Speaker 2: to not support you in your growth. I would be
Speaker 2: asking for KPIs and even.
Speaker 5: Just chalking up what you do because you're totally right, like,
Speaker 5: I don't have set KPIs that I work towards. Have
Speaker 5: you said to me, what have you done? You know
Speaker 5: in the last yar, Oh, I know what you've done.
Speaker 5: It's so I can think of ten things off the
Speaker 5: top of my head that I would go, oh, I've
Speaker 5: done this and that, Like, I'm sure in whatever job
Speaker 5: you do, it would be the same yep. And if
Speaker 5: you're not sure what that looks like, maybe look at
Speaker 5: other job descriptions or roll descriptions for your job and
Speaker 5: look at what the kind of key markers are within
Speaker 5: the industry as well exactly and go, oh, like that's
Speaker 5: what I can benchmark myself against because even if there
Speaker 5: aren't KPIs in place, you will be delivering something absolutely
Speaker 5: a small team, Like I find that the smaller the team,
Speaker 5: the harder.
Speaker 2: It is to just float along as well. So we're
Speaker 2: assuming that there would be a lot that you were doing.
Speaker 2: But yeah, I would be asking for KPIs because they've
Speaker 2: essentially said, hey, our business structure actually really limits your
Speaker 2: growth and even your ability to understand what you've achieved.
Speaker 4: Is what not?
Speaker 2: You just said to me, And that's not cool. Like
Speaker 2: I would never sit down with Jess and be like, well,
Speaker 2: because you don't have KPIs, like what like for us,
Speaker 2: it doesn't make sense. It's not in our culture to
Speaker 2: have KPIs, Like I don't want, Like, that's just not
Speaker 2: for me, and that's fine. Other businesses would be like,
Speaker 2: we would absolutely fall over without our kPr and that's cool,
Speaker 2: Like each to their own. But don't they use something
Speaker 2: that you don't have in your business as an excuse
Speaker 2: for not supporting your team. That's not fatal. I just
Speaker 2: think it's a cop out for them to be like, oh,
Speaker 2: we don't have KPIs, Like okay, cool. So how did
Speaker 2: you write the job description for the now missing like
Speaker 2: three people in our team, Like where's that come from?
Speaker 2: Like how did you work out what their capabilities needed
Speaker 2: to be? How do you know what I need to cover? Like,
Speaker 2: there's just a lot to it. And I'm not saying
Speaker 2: that what they're doing is right. It absolutely isn't. But
Speaker 2: it also just sounds sketchy. You said something that told
Speaker 2: me your business is toxic. You said about I think
Speaker 2: it was a product developer. You said, but they fired her.
Speaker 2: That tells me everything I need to know about the
Speaker 2: culture of your business and the fact that you need
Speaker 2: to get out whoa like But they fired her, like
Speaker 2: as though like the tone of that was not you know, oh,
Speaker 2: but they had to let her go. It wasn't oh,
Speaker 2: but they fight like it was the tone And that's
Speaker 2: so fine, Like I get it, But that's telling me
Speaker 2: that management probably aren't that respectful. Yeah, because that's not
Speaker 2: how people who have respectful management talk.
Speaker 4: Such a great point.
Speaker 2: Should we get into this week's Oh I can't wait,
Speaker 2: I can't wait. Are you ready ready? Okay? Hey, she's
Speaker 2: on the money queens. Hi, My partner and I want
Speaker 2: to buy a home together this year. I have an
Speaker 2: apartment I bought alone during COVID times that has equity
Speaker 2: and have saved a substantial amount, made many sacrifices, don't
Speaker 2: worry to have for another house deposit. They only have
Speaker 2: a tenth of what I have saved, smaller salary than
Speaker 2: me too, So it's not entirely their fault, but I'm
Speaker 2: ready to go. I can't help but feel hurt and
Speaker 2: dismayed that they're taking so long to catch up. I
Speaker 2: realize it's not their fault, but I've been working tooth
Speaker 2: and nail and feel like I'm more ambitious. What should
Speaker 2: I do? Thanks? Guys? What would you do?
Speaker 5: Oh?
Speaker 4: I have anxiety in my belly. I know it happens
Speaker 4: all the time. I'm sorry, guys, I just know, wiz
Speaker 4: this is happening. But I get this whole conversation is
Speaker 4: like scary and stressful. I first of all, the partner
Speaker 4: doesn't have as much disposable income. Yeah, and so that
Speaker 4: in itself is like, yeah, they're probably gonna take a
Speaker 4: bit longer. But I do want to preface this whole
Speaker 4: thing by saying, I know that our listener is not
Speaker 4: by any means being cruel or harsh or anything. They
Speaker 4: did say that they understand the situation. But the person
Speaker 4: on the other end who might have been making as
Speaker 4: much money probably already feels a little bit like, ah,
Speaker 4: I'm kind of not contributing financially as much as I could.
Speaker 4: You might feel bit inferior in that way. But at
Speaker 4: the end of the day, let's all remember that everything
Speaker 4: is completely made up. Money is made up. Like the
Speaker 4: value of ourselves should be based on how we are
Speaker 4: and how we treat people and how we and what's
Speaker 4: like whatever values are and stuff like that, like that
Speaker 4: that's actually what matters. But I can understand that now
Speaker 4: I've kind of gotten to this point where how much
Speaker 4: money you make can make you feel either really inferior
Speaker 4: or really superior, which it should not. How much you save,
Speaker 4: how the ability that you have to save, and none
Speaker 4: of that should actually matter. But I can understand that's
Speaker 4: not what's in question here. I'm just saying for the
Speaker 4: person who's not saving as much might be feeling a
Speaker 4: certain way, but it's really like some people I really
Speaker 4: admire this, like they can really make themselves like not
Speaker 4: want to get uber eries and not spend an extra
Speaker 4: thirty cents to get soy milk and all these things
Speaker 4: like they are so on to milk. Do I get
Speaker 4: swy milk?
Speaker 2: Do you get swy milk?
Speaker 4: I get soy milk, And sometimes it's a dollar more.
Speaker 2: I know I could tell you your coffee or what
Speaker 2: It's fine. It's fine, you can.
Speaker 4: But even sometimes I'm sitting on my couch, I'm like,
Speaker 4: I really feel like a coke zero. I will literally
Speaker 4: be breath.
Speaker 1: I know.
Speaker 2: I judgment, but like you are not uber eats in
Speaker 2: coke zero.
Speaker 5: Have a couple of bottles in your pantry, Bob.
Speaker 4: Listen, you can't tell me I'm thirsty, don't have any
Speaker 4: bottles in my pa, but I will be doing that
Speaker 4: from now on.
Speaker 2: Next time call me.
Speaker 4: True, you'll drive to me and bring me.
Speaker 2: Okay, that's it, that's it.
Speaker 4: Yelling will make people sad, and maybe you want to
Speaker 4: get breath.
Speaker 2: I know where you live, Like, I literally know where
Speaker 2: you live, and you are walking distance from getting yourself
Speaker 2: a coke zereou get off the couch.
Speaker 4: That's true, that's true. Okay, I'll message you next time.
Speaker 2: Well, you live in a regional town that doesn't have access.
Speaker 4: To go like no, we also wouldn't have breats, so
Speaker 4: you just be I'll just be thirsty all night.
Speaker 2: Oh no, it's almost like water doesn't exist.
Speaker 4: Actually would be hard. But I'm saying even with someone
Speaker 4: as someone who doesn't actually make that much money, and
Speaker 4: I mean I make I make a decent amount, but
Speaker 4: I don't have any savings, Like I shouldn't.
Speaker 6: Be doing this.
Speaker 4: It's still in those moments, I'm like, it's nothing. It's
Speaker 4: not like I'm like battling in my mind. It's like
Speaker 4: not even a thought for me.
Speaker 5: I just can't.
Speaker 4: I cannot possibly save in those moments. And so I
Speaker 4: think people who can and always do and are very
Speaker 4: consistent and very impressive, but some people just genuinely are
Speaker 4: wired differently and that's not their fault. So I think
Speaker 4: all those negative feelings of you know, they're valid, but
Speaker 4: maybe try not to make or not not saying you are,
Speaker 4: but maybe trying not to put, you know, kind of
Speaker 4: like transfer that feeling to the person who is already
Speaker 4: not keeping up. They're probably stressed.
Speaker 2: Sure, there seems to be a gap between expectation versus reality,
Speaker 2: Like your expectation might be up here, but like who
Speaker 2: set those expectations? Was it you and your partner together?
Speaker 2: Because like you know, buying a home is definitely like
Speaker 2: you might both have that goal and that's great, and
Speaker 2: you've set that like as a shared goal, we want
Speaker 2: to purchase a property together, but like, what's the reality
Speaker 2: of your financial circumstances and did you actually sit down
Speaker 2: and agree to Okay, Like if you and your partner
Speaker 2: beck sat down and said, oh, we want to buy
Speaker 2: home together, like, there would be a lot of conversation around, well, okay,
Speaker 2: what do we need to do to achieve that, and
Speaker 2: what's valid and what's going to work or not? Because
Speaker 2: you know, you spend money differently to other people and
Speaker 2: I spend money differently to other people as well, and
Speaker 2: we need to talk about you know, what are your habits,
Speaker 2: what are the things that are going to happen, Like
Speaker 2: what disposable income do you even have to save? And
Speaker 2: if those conversations have been had and you know, your
Speaker 2: partner was like, yeah, yeah, I'm saving this, I'm saving this,
Speaker 2: and then you get to the end of it and
Speaker 2: they just don't have it, that's a different story too.
Speaker 1: Oh.
Speaker 2: Actually I never had that conversation with my partner, and
Speaker 2: I just expected that they would be as good as
Speaker 2: me at saving Then oh, we need to reset that. Yeah,
Speaker 2: just what are your thoughts?
Speaker 5: Yeah, depending on what kind of conversation you had at
Speaker 5: the start. The thing that our listener wrote in that
Speaker 5: kind of flagged for me was you said that you've
Speaker 5: made a lot of sacrifices to save your deposit, and
Speaker 5: I think, like, obviously keeping into account the fact that
Speaker 5: your disposable incomes vary, do you feel like your partner
Speaker 5: is matching that energy, Like, are they also willing to
Speaker 5: make sacrifices? That's what I would kind of base my
Speaker 5: feelings on, like are we both like like, if I
Speaker 5: earn double what you earn, you of course are not
Speaker 5: going to be able to safe the same amount as me.
Speaker 5: And that makes perfect sense. But if I am then
Speaker 5: still foregoing the uber eats and foregoing all these things,
Speaker 5: but you're still going out on the weekend and blowing
Speaker 5: it with the boys or doing whatever, it says that
Speaker 5: maybe our priorities are a little bit different, which is
Speaker 5: not a bad thing, but again you kind of need
Speaker 5: to get on the same page. I would look at,
Speaker 5: can you afford you've got equity in a deposit ten
Speaker 5: times the size of your partners? Can you just by
Speaker 5: by yourself like ten times is a lot. It's like
Speaker 5: you're saying, oh, my deposits ten times what yours is.
Speaker 5: Maybe you have one hundred thousand and your partner has
Speaker 5: ten thousand, or if you say fifty grand, they have
Speaker 5: five grand, and it's like, well, that's actually significant. And
Speaker 5: to me, if you had that amount, maybe they're not
Speaker 5: ready to buy either because they might not have like
Speaker 5: a good emergency fund. They might not be equipped for
Speaker 5: that financial decision, which you clearly are. And that's absolutely fine,
Speaker 5: but I would be looking into that, Jess. And I
Speaker 5: mean it's not necessarily.
Speaker 2: Your situation, but like you're buying on your own, and
Speaker 2: like that's the plan, and you know, I don't think
Speaker 2: that that's a bad thing. This listener has actually done
Speaker 2: that before. They said that they have an apartment that
Speaker 2: they've already purchased with equity, Like is that something you
Speaker 2: want to do again? Or let's talk about timeframes. Why
Speaker 2: are you in a situation where you're like, oh, I
Speaker 2: really want to buy, I really want to buy, Like
Speaker 2: you actually already own property. Do we need to wait
Speaker 2: for your partner to like, you know, you're ready to
Speaker 2: go fantastic but they might not be there yet. And
Speaker 2: this might be like their first purchase that they really
Speaker 2: want to share with you, and it should be exciting
Speaker 2: as opposed to stressful, Like, yeah, where's the sense of
Speaker 2: urgency around purchasing coming from right now? Because like, I
Speaker 2: get it, I do the second you decide you want
Speaker 2: property like you want it yesterday, I get it. But
Speaker 2: where's that pressure coming from?
Speaker 5: Can we talk about it and have you earn the
Speaker 5: numbers to see that they can service the loan once
Speaker 5: you get it?
Speaker 2: Would be mad than because if you're saying, again, we.
Speaker 5: Don't have exact figures, so you could be that they're
Speaker 5: saving two urine like five thousand dollars a month, then
Speaker 5: it's not a question of that. But you just remember
Speaker 5: that once you get your deposit together and once you
Speaker 5: make the purchase, you still have to pay your rent,
Speaker 5: You still have to pay your rates, You still have
Speaker 5: to pay all of those homeowner things.
Speaker 2: If they're struggling to keep.
Speaker 5: Up with you in terms of saving for the deposit,
Speaker 5: chances are they're probably going to struggle keeping up with
Speaker 5: you in terms of having the funds for those things too,
Speaker 5: Like have you done the numbers? Are they capable? Is
Speaker 5: that something they want to do? Like, can they only
Speaker 5: do it if they completely sacrifice their lifestyle. Maybe that's
Speaker 5: something they're not eager for. Yeah, Like, yes, you've got
Speaker 5: to get on the same page ball and at the
Speaker 5: end of it, if you find that it's just not
Speaker 5: the right timing for the both of you, is it
Speaker 5: something you can and or want to do alone? And
Speaker 5: if not, maybe that's an avenue you can explore.
Speaker 2: Yeahue, And even just the language used in that message,
Speaker 2: like I just always break everything down so I try
Speaker 2: and understand it. You said, but I've been working tooth
Speaker 2: and nail and feel like I'm more ambitious. Like that
Speaker 2: to me is a reflection of you maybe seeing their
Speaker 2: worker thick and what they're doing. Like there's no way
Speaker 2: like and this is maybe just personal preference, but like
Speaker 2: there's no way in any dynamic where I would say,
Speaker 2: oh my gosh, I've been working tooth and nail if
Speaker 2: the other person wasn't lacking. If that makes sense, Like,
Speaker 2: you know, Jess and I might be working on a
Speaker 2: project together and I might go, I've been working tooth
Speaker 2: and nail on this, and like the next thing would
Speaker 2: be because I feel like Jess is letting me down,
Speaker 2: because otherwise I'd say some of the wind project's not
Speaker 2: doing someone's not doing their part, because otherwise I'd say
Speaker 2: we've been slaving away at this together because you told
Speaker 2: me it was a joint goal. But now you're saying
Speaker 2: you think you're too ambitious, because yeah, I just feel
Speaker 2: like you wouldn't say I think I'm too ambitious if
Speaker 2: you felt like the other person wasn't lacking that trade.
Speaker 4: Yeah, but also I do want to say if the
Speaker 4: person is like ambition and money, there's no correlation.
Speaker 2: No, I agree, And it's also so hard, like let's imagine,
Speaker 2: you know, we spoke to them, or I spoke to
Speaker 2: a money direst a couple of weeks ago and they
Speaker 2: were like, yeah, my partner works in like as a
Speaker 2: kindergarten educator and they don't make much money. Like you
Speaker 2: think about these roles where someone might be working, you know,
Speaker 2: part time, or they might even be working full time
Speaker 2: and just not making enough to pay rent bills, this,
Speaker 2: that the other, and save, and you might find that
Speaker 2: the person who earns forty five thousand dollars a year
Speaker 2: is actually a better money manager than someone who earns
Speaker 2: two hundred thousand dollars a year because the person who
Speaker 2: earns forty five thousand dollars to save it requires them
Speaker 2: to go above and beyond with their budget and be
Speaker 2: super frugal and like really savvy, and like the fact
Speaker 2: is that they're even saving anything should be rewarded. Yeah,
Speaker 2: But then someone on two hundred grand, they get to
Speaker 2: sit back a little bit more comfy and be like,
Speaker 2: savings are not that hard. It's like, yes, it is.
Speaker 2: You're in a privileged position where that comes so much
Speaker 2: easier to you, when in reality, if we looked at it,
Speaker 2: the person who's earning forty five thousand dollars is a
Speaker 2: better saver. Just because you've got more doesn't mean you're better.
Speaker 2: So I just I think it's so important to break
Speaker 2: it down and be like, well, what is even there,
Speaker 2: Like do you understand their capacity to save? And once
Speaker 2: you understand that, what are their values? Because my values
Speaker 2: play out in my spending all the time and I
Speaker 2: don't actually want that to change. Like if someone said
Speaker 2: you have to cut absolutely everything to do X, Y
Speaker 2: and z, but that thing wasn't as important to me
Speaker 2: as it was to you, Like it's probably not going
Speaker 2: to happen.
Speaker 4: I'm so sorry. One more thing. One more thing. I'm
Speaker 4: ready as a person who has been in a similar
Speaker 4: situation with someone who's buying something that I wanted to
Speaker 4: be a part of but only had like a small
Speaker 4: portion of, and was like, Wow, this is literally my
Speaker 4: ownly opportunity. I didn't have but doing it, But this
Speaker 4: is my ownly opportunity because I own have like the
Speaker 4: luxury of like family or anyone who will be able
Speaker 4: to lend me money in the future. So I'm like,
Speaker 4: this could be my thing. And then to not go
Speaker 4: through with it, or to not have the money to
Speaker 4: like kind of keep up with the person you're going
Speaker 4: to buy with, it does feel like shit, to be honest.
Speaker 4: And so maybe your partner is like, I've never had
Speaker 4: the opportunity. I've never been so close to being able
Speaker 4: to buy my own property, and my only opportunity right
Speaker 4: now is to do that. The only option is to
Speaker 4: do that with you. Otherwise I just cannot feasibly buy
Speaker 4: myself a property. And is there an option too, And
Speaker 4: if you're like, oh, yeah, I'm happy with that, maybe
Speaker 4: there's an option to like maybe do like five percent,
Speaker 4: I don't know, make it like legal or something, do.
Speaker 2: An agreement, But it knows what you contribute.
Speaker 4: At least they're kind of in there, you know, yeah, yeah,
Speaker 4: but I don't know.
Speaker 2: They're full conversation. We did ask the community, do you
Speaker 2: want to know? What?
Speaker 4: They would love to know?
Speaker 2: So we asked what would you do if you had
Speaker 2: saved more than your partner for a house? Ten percent
Speaker 2: of you said you would wait for them to catch up,
Speaker 2: twenty eight percent of you said buy the house alone,
Speaker 2: and sixty one percent of you said buy together with
Speaker 2: what you have now.
Speaker 7: Cool.
Speaker 2: So then we asked how would you handle feeling resentful
Speaker 2: about saving more? Fifty six percent of you said I
Speaker 2: would have an open conversation about it, thirty percent of
Speaker 2: you said except you have different situations, and fourteen percent
Speaker 2: of you said I would reassess our financial compatibility. Resent
Speaker 2: is one of those emotions.
Speaker 5: I feel you have to deal with it because if
Speaker 5: you leave resent alone, it's simmers and festers and just
Speaker 5: takes over and takes on a life of the zone
Speaker 5: like you.
Speaker 2: You can't sit on it.
Speaker 4: You have to.
Speaker 5: I think you have to have a conversation or you
Speaker 5: have to come to a point of resolution within yourself.
Speaker 2: But you can't just leave it. Yes, eat your last Yes,
Speaker 2: I agree, I agree. We did ask the community for
Speaker 2: their two cents. First person said, my fiance and I
Speaker 2: in the same boat, and we're planning on getting a
Speaker 2: binding financial agreement and still buying cool I love that
Speaker 2: that's literally what you were suggesting.
Speaker 7: Yeah.
Speaker 2: Another person said, you need to get your goals in alignment.
Speaker 2: It sounds like you're not on the same page when
Speaker 2: it comes to expectations. Another person said, dividing finances only
Speaker 2: sets you up for always comparing finances. She's kind of
Speaker 2: interesting because like same, like when Steve and I were
Speaker 2: saving for our first home, we had a joint savings
Speaker 2: account to do that in, and we honestly didn't keep track.
Speaker 2: And that's a very privileged thing, but we didn't keep
Speaker 2: track of who was contributing what, and like there will
Speaker 2: be like if we go back, there will be one
Speaker 2: person who contributed more. But at the time, we were
Speaker 2: working towards a shared financial goal of having a family
Speaker 2: home together. And like, you know, if and when we
Speaker 2: would have like separated, I think we would have dealt
Speaker 2: with it then, But it was never something that crossed
Speaker 2: our minds to be like, oh, but you're contributing this
Speaker 2: and I'm contributing that, but in saying that, we did
Speaker 2: feel like we were contributing semi equally, like one of
Speaker 2: us more at the time, Steve earn significantly more than me.
Speaker 2: So he's the one, Just to be very clear, it
Speaker 2: wasn't me. He is the one that would have been
Speaker 2: contributing a lot more than I was. But like the
Speaker 2: way we saw it was one day, it all all
Speaker 2: come out in the wash, and like we're both contributing
Speaker 2: to this relationship, and like, from my perspective, I'm very grateful,
Speaker 2: But the way my husband sees it is like we
Speaker 2: both contribute and it's not always financial, like it can
Speaker 2: be in labor and division and support, and like, I
Speaker 2: just find it really refreshing that sometimes those comments are
Speaker 2: coming from my husband.
Speaker 5: Or not me.
Speaker 2: Someone else said, you need to unpack why you currently
Speaker 2: feel hurt. There might be a lot more to it
Speaker 2: than just that. I agree. Someone else said, maybe worth
Speaker 2: a discussion because how's the mortgage going to be split
Speaker 2: base on your different salaries. Another person said, you have
Speaker 2: to honor your feelings and respectfully tell them how you
Speaker 2: feel within communication is the answer.
Speaker 1: No.
Speaker 2: Another person said, it's not the total that matters. It's
Speaker 2: whether they matched your sacrifice to save in a similar way.
Speaker 2: I agree. I loved that. And then last one someone
Speaker 2: contributed we split based on percentage of our income. I
Speaker 2: bring in x percent and he brings in one percent.
Speaker 2: So that's just how we split our joint costs. Cool,
Speaker 2: lots of options.
Speaker 4: There's many options.
Speaker 2: Ah, comes back to communication, doesn't it, Jessica, Oh my goodness. Well,
Speaker 2: it has been a week. I have been grateful for
Speaker 2: everyone and everything this week, and I'm just so grateful
Speaker 2: that we've got to have a chat with you guys today.
Speaker 4: Yeah, so good.
Speaker 2: We will see you bright and early on Monday morning
Speaker 2: for money.
Speaker 4: Darry though, see them Happy Valentine's Day.
Speaker 2: Bye guy Bye.
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