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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr

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Speaker 1: the Order Kerney Whoalbury and a waddery woman. And before

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Speaker 1: we get started on She's on the Money podcast, I

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Speaker 1: would like to acknowledge the traditional custodians of the land

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Speaker 1: of which this podcast is recorded on a wondery country,

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Speaker 1: acknowledging the elders, the ancestors and the next generation coming

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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing

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Speaker 1: and the storytelling of you to make a difference for

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it. She's on the Money, She's on

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Speaker 2: the Money.

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Speaker 3: Hello, and welcome to She's on the Money, the podcast

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Speaker 3: for millennials who want financial freedom. Welcome back to another

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Speaker 3: one of our money diaries where we get to talk

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Speaker 3: to one of our incredible She's on the Money community

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Speaker 3: members all about their money story. Let's jump straight into it,

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Speaker 3: because this week I got a message and it went

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Speaker 3: like this, Hi, She's on the Money.

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Speaker 2: Growing up in the UK, my.

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Speaker 3: Dad got injured and couldn't work, so my mom had

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Speaker 3: to work two jobs to support us.

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Speaker 2: Money was the cause of most arguments. Now I own

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Speaker 2: a house.

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Speaker 3: That has an Airbnb and I'm saving for another investment

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Speaker 3: property plus a honeymoon. The past year has been a

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Speaker 3: roller coaster. We got engaged and then got married three

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Speaker 3: months later, found huge structural issues with our home, and

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Speaker 3: I got made redundant twice. Money Diarist, Welcome to the show.

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Speaker 3: When you said it's been a roller coaster, you were

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Speaker 3: not lying.

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Speaker 4: Yeah, it's been a big year to eighteen months.

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Speaker 2: Oh my gosh. Yes, let's dive straight in.

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Speaker 3: The First question I have been asking recently is about

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Speaker 3: your money grade. So I want to know what grade

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Speaker 3: would you give your money habits on a scale of

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Speaker 3: A through to F.

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Speaker 5: I'd say I'm a B A B all right, I.

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Speaker 3: Want to know now though you said you grew up

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Speaker 3: in the UK and your dad got injured and you

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Speaker 3: couldn't work and your mom had two jobs. Can you

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Speaker 3: tell us a little bit more about your money story.

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Speaker 5: Yeah.

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Speaker 4: So I love money. I love the freedom and the

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Speaker 4: independence that it can bring. But I grew up with

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Speaker 4: a scarcity mindset and it's definitely still present and it's

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Speaker 4: something that I'm trying to work through and trying to

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Speaker 4: focus on having more of an abundance mindset. I am

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Speaker 4: definitely of the belief that money can always be replaced

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Speaker 4: and it can be earned, but I also get very

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Speaker 4: attached to my money and how I spend it.

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Speaker 2: That's very relatable, that's very similar to me.

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Speaker 3: What was it like growing up with a mum who

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Speaker 3: had to work two jobs to port your family.

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Speaker 5: Yeah, it was tough.

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Speaker 4: My dad was injured so he couldn't work and was

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Speaker 4: studying but spent a lot of time just you know,

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Speaker 4: unable to move in bed. So she had to look

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Speaker 4: after us too, kids and him, and work jobs that

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Speaker 4: worked around being able to do the school runs and

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Speaker 4: all of that sort of stuff, and so it was

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Speaker 4: really tough. We didn't have much money, and I was

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Speaker 4: definitely I don't feel like I missed out on things,

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Speaker 4: but I was aware that, you know, the stuff that

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Speaker 4: I had wasn't as good as the stuff that the

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Speaker 4: kids in school had. I remember, you know, being embarrassed

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Speaker 4: about the brands of foods that I had in my

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Speaker 4: lunch box, and you know, people not wanting to swap

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Speaker 4: the packet of crisps or chips with me because you know,

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Speaker 4: they were the brand that was considered less quality.

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Speaker 3: Isn't it wild that even kids understand that. And nowadays,

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Speaker 3: I don't know about your money, darist, but I'm like,

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Speaker 3: which is the cheapest we're just getting that doesn't actually

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Speaker 3: matter to me what it is. I'm like, if they're

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Speaker 3: plane chips, we're just getting the plane chips. Like I

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Speaker 3: could not care less. But I totally resonate with that

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Speaker 3: because I remember I used to get like me and

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Speaker 3: Grade two would get so frustrated if Mum didn't buy

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Speaker 3: the Smith's brand of chips and she went and bought

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Speaker 3: like the home brand brand of chips. She'd be like, Victoria,

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Speaker 3: they're the same, and I'd be like, you don't understand this.

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Speaker 3: Sad a symbol in my lunch box. It's wild, isn't it,

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Speaker 3: because it's it's such a smart money saving hack, Like

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Speaker 3: why wouldn't we buy that one? But it's yeah, it's

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Speaker 3: one of those things that I feel like it does

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Speaker 3: change the narrative around the way that you grow up.

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Speaker 3: What did that look like as you got older?

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Speaker 4: Things definitely changed as I got older. So by the

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Speaker 4: time I was in my teens, my dad had managed

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Speaker 4: to get a degree and you know, have a business

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Speaker 4: and was teaching, and yeah, things changed pretty dramatically. And

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Speaker 4: now he's doing so well, but he still has lots

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Speaker 4: of you know, issues with its injury and has to

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Speaker 4: spend a lot of time resting. But yeah, things have

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Speaker 4: dramatically changed for them, but he still has the you know,

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Speaker 4: the scarcity mindset and is very I guess what we

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Speaker 4: would call tight with his money. That's how we would

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Speaker 4: describe it where I'm from.

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Speaker 3: Yeah, do you think that that is something that was

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Speaker 3: ingrained in their upbringing as well? Or do you think

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Speaker 3: that that was a product of your dad's injury.

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Speaker 4: So back through my dad's history, his dad was a

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Speaker 4: gambler and drank a lot, and so he didn't like

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Speaker 4: he would often spend all of his week's earnings before

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Speaker 4: the family had chance to you know, buy food and

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Speaker 4: do all that kind of stuff. So I think it's

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Speaker 4: definitely stemmed from not having money growing up.

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Speaker 3: Where do you think your mindset is coming from then,

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Speaker 3: because I don't know. You sound like a very very

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Speaker 3: good She's on the money List night in that you're

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Speaker 3: saying all of the right things, right, You're like, it's

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Speaker 3: been a rollercoaster, but I'm doing this, I'm doing that.

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Speaker 3: I'm really trying to work on changing my mindset from

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Speaker 3: a scarcity mindset to an abundance mindset.

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Speaker 2: And I feel like.

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Speaker 3: Our parents and often when I talk to money diarists,

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Speaker 3: their parents aren't often on that train. Where do you

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Speaker 3: think this want for a different money lifestyle has come from?

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Speaker 3: Because obviously finances can be systemic, like they can just

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Speaker 3: be handed down money stories.

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Speaker 4: I think there's three parts to it. I think the

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Speaker 4: first part is my mum's always told us to well.

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Speaker 4: First of all, it was to go to UNI and

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Speaker 4: get a good job and don't sort of get the

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Speaker 4: dead end jobs that she had to do. Although I

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Speaker 4: went to UNI and dropped out after a few months,

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Speaker 4: that didn't really for me for me, And then I

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Speaker 4: guess the second part of that is I've always been

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Speaker 4: fiercely independent. I've always wanted to earn my own money

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Speaker 4: and work from a young age, didn't really want help

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Speaker 4: from anybody. And then the third part is when I

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Speaker 4: first moved to Australia, I was a backpacker and I

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Speaker 4: got handed an amazing opportunity to manage a business and

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Speaker 4: then actually just to have the business. Oh yeah, it's strange.

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Speaker 4: It was a husband and wife business and she didn't

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Speaker 4: want to be part of the business anymore. So I

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Speaker 4: was going to become the manager and she started teaching me,

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Speaker 4: and then they went through an awful time and were

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Speaker 4: having a divorce, and.

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Speaker 5: So she just said, look, just take it.

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Speaker 4: You and him have it fifty to fifty and I

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Speaker 4: just want him to be able to, you know, continue

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Speaker 4: to earn money and be around for his kids. And

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Speaker 4: that opportunity was really scary. And I remember talking to

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Speaker 4: my older brother and he said, we can do anything

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Speaker 4: we put out mind to and think of like what

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Speaker 4: this opportunity could be. And so that's yeah, I think

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Speaker 4: those are the few things that have really shaped my

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Speaker 4: mindset before I've then found she's on the money. I

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Speaker 4: worked in the property industry and investment and so there's

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Speaker 4: been some things more recently that have helped to keep

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Speaker 4: me on that track, but I think those are the

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Speaker 4: fundamental where there's been big shifts.

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Speaker 3: Oh my gosh, what an opportunity comes to Australia as

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Speaker 3: a backpacker gets offered an entire business, Just take it,

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Speaker 3: just take it.

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Speaker 2: Oh my gosh.

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Speaker 5: Yeah, it was crazy.

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Speaker 4: I definitely got thrown in the deep end and had

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Speaker 4: to like sink or swim kind of situation. It was

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Speaker 4: exciting but very scary, and she was still there, like

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Speaker 4: she still was there for anything really big and hard

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Speaker 4: and confusing, and was sort of a mentor to me

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Speaker 4: in those situations. But knowing what she was going through

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Speaker 4: with the divorce, I really didn't want to be in

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Speaker 4: touch or need her help unless it was really really lisiary.

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Speaker 3: Yeah that's fair. Are you still involved in that business?

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Speaker 1: No.

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Speaker 4: I ran the business for about ten years and then

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Speaker 4: it was an entertainment business, so COVID had a big

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Speaker 4: impact on the business.

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Speaker 2: Would have wow.

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Speaker 4: But I was definitely ready for a change for a

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Speaker 4: long time before that, and COVID gave me the opportunity

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Speaker 4: to be able to do that.

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Speaker 5: For a number of reasons.

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Speaker 4: So first of all, we had to plan so far

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Speaker 4: in advance, so we planned like a year in advance

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Speaker 4: of events, so there was never really a good time

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Speaker 4: to step away. But obviously COVID meant lots of things

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Speaker 4: were canceled, and then we had the job keeper payments,

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Speaker 4: so I was able to earn the job keeper payments

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Speaker 4: that then also bring someone else on to take on

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Speaker 4: the manager role and pay them and teach them and

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Speaker 4: eventually sell the business to my business partner, so he

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Speaker 4: owns it completely now and hand it off to them.

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Speaker 2: How cool. I love this.

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Speaker 3: I'm so excited about this diary and I haven't even

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Speaker 3: asked the official second question.

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Speaker 2: This is I'm so invested.

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Speaker 3: I want to know now though obviously COVID changed things

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Speaker 3: and you're now in a different area.

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Speaker 2: What do you now do for work? How much money

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Speaker 2: are you earning?

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Speaker 4: So I'm now an operations support manager for a not

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Speaker 4: for profit, so I earn ninety thousand dollars plus super.

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Speaker 4: But then as working for a not for profit, I

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Speaker 4: get to have a portion of my income tax free. Yeah,

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Speaker 4: i'd salary sacrifice part of my income, which is great.

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Speaker 2: So how does that work? Like, how have you structured that?

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Speaker 3: Because I think a lot of people go great, I

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Speaker 3: can salary sacrifice, but then they might not set it

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Speaker 3: up in the best possible way.

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Speaker 2: How have you structured yours?

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Speaker 4: So it works out to be about six hundred and

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Speaker 4: eleven dollars a fortnight, and I put that towards my mortgage,

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Speaker 4: but essentially it just gets paid into my main bank account.

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Speaker 5: But yeah, it's allocated to mortgage.

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Speaker 4: So you're allowed fifteen nine hundred dollars a year for

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Speaker 4: something like that, and then you can also do I

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Speaker 4: think it's twenty six hundred and fifty dollars onto like

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Speaker 4: a meals and entertainment card which works out aboute hundred

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Speaker 4: dollars a fortnight. And so then I use that for,

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Speaker 4: you know, whenever we're eating out.

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Speaker 2: Oh my gosh, how good.

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Speaker 3: Yes, that's a bit of a money win and something

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Speaker 3: that I feel like would work out really well with

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Speaker 3: the meals and entertainment card. I am very aware that

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Speaker 3: you're not allowed to use it for things like groceries.

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Speaker 3: Actually has to be meals and entertainment out. Do you

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Speaker 3: find that, you know, what is it like about fifty

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Speaker 3: dollars a week ish? Are you actually spending that or

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Speaker 3: do you think it actually forces you to go out

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Speaker 3: and actually have date nights and stuff like that.

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Speaker 4: So it's called a fringe benefit's TAXI that's just begun

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Speaker 4: this month April, so previous to that, because I was

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Speaker 4: only in the job for about four months of the

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Speaker 4: last fringe benefits tax you, yep, I claimed that whole

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Speaker 4: amount over that four months.

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Speaker 2: Oh money.

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Speaker 4: It was getting about three hundred dollars a fortnight towards

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Speaker 4: food towards you know, the meals, and about seventeen hundred

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Speaker 4: dollars I think a fortnight towards my mortgage. It was great.

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Speaker 4: Last year was great. I was worried about the change

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Speaker 4: and what it would.

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Speaker 2: Mean going back to normal as yes.

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Speaker 4: And I think it's about two hundred dollars a week

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Speaker 4: less off now.

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Speaker 5: But it's still great.

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Speaker 4: But yeah, we were getting about three hundred dollars a

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Speaker 4: week and we actually were able to save that up

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Speaker 4: and pay for the catering or part of the catering

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Speaker 4: for our wedding.

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Speaker 3: Oh my gosh, somat, so you are using it intelligently.

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Speaker 2: I love to see this, I am.

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Speaker 4: But then the wedding finished and there was quite a

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Speaker 4: lot of money building up, so we had some really

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Speaker 4: fancy date nights, which oh cute, not mad about. We

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Speaker 4: like to have a good date night.

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Speaker 3: I appreciate that as well. When it counter planning for

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Speaker 3: your wedding, obviously that's a good money saving hack and tip.

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Speaker 3: What did your wedding end up costing? Because in your

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Speaker 3: letter into us you said we got engaged and we

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Speaker 3: got married three months later.

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Speaker 2: That's not a lot of planning time.

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Speaker 3: I planned my wedding in twelve months, and I thought

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Speaker 3: that wasn't enough time.

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Speaker 4: Yeah, we didn't realize I think when we took on that,

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Speaker 4: I think we spent the first month just trying to

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Speaker 4: figure out what we wanted to do, when we wanted

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Speaker 4: to get married, where we wanted to get married, with

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Speaker 4: both from the UK, so our family is largely based there.

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Speaker 5: And then my.

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Speaker 4: Husband's parents were visiting and his auntie and uncle were

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Speaker 4: visiting in January February, and we didn't want to make

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Speaker 4: them come out again, and we just thought, let's just

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Speaker 4: do it while they're here. So my parents flew out

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Speaker 4: as well.

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Speaker 2: Oh my gosh, how lucky.

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Speaker 5: Yeah, and we kept it really small.

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Speaker 4: We had thirty four guests there, which definitely helped keep

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Speaker 4: the cost down. So we lived in Queensland, and about

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Speaker 4: eighteen months ago we relocated to say South Australia, So

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Speaker 4: we went back to Queensland to get married where most

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Speaker 4: of our friends still are and my brother lives there.

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Speaker 4: And so the wedding cost about eighteen thousand dollars, but

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Speaker 4: that doesn't include any of the travel costs.

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Speaker 2: Do you know what? That is such a reasonable price

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Speaker 2: for a wedding these.

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Speaker 4: Days, I wanted to do it for ten thousand dollars

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Speaker 4: and I realized very quickly that that wasn't possible. But

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Speaker 4: we had, you know, all the main things that we

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Speaker 4: really wanted, and yeah, it went really well.

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Speaker 3: What blew out the most? What took it from your

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Speaker 3: expectation of hoping it would be ten thousand dollars to

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Speaker 3: being eighteen. What was the biggest surprise?

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Speaker 4: It was the venue. So we were going to just

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Speaker 4: get married on the beach and then go to a

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Speaker 4: restaurant and hire out the restaurant and have dinner and

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Speaker 4: drinks there. But we while reassoching, we came across a

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Speaker 4: venue that was right on the beach that you could

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Speaker 4: have the wedding there and then just walk inside.

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Speaker 2: And oh, of perfect.

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Speaker 5: It was a lot more.

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Speaker 4: Expensive, but I just fell in love, like the right

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Speaker 4: thing to do, so that's what we went with love.

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Speaker 3: I'll have to ask for some photos later. I am

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Speaker 3: so wedding obsessed, it's not funny. So the wedding's over.

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Speaker 3: You've obviously got some structural issues with your home at

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Speaker 3: the moment, which I'm going to ask about in a minute,

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Speaker 3: but I want to know what is.

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Speaker 2: Currently your big money goal, what are you working towards.

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Speaker 4: We have an airbnb at the house that we live

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Speaker 4: in now, so it's a separate dwelling and we would

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Speaker 4: like to have another airbnb, so that's been the goal

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Speaker 4: for a while, and we want to buy one in

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Speaker 4: Queensland because we eventually will move back there. So we're

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Speaker 4: trying to figure out how much the work and the

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Speaker 4: house is going to cost to you know, how much

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Speaker 4: we've got available, and how long it's going to take.

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Speaker 5: Us to be able to do that.

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Speaker 4: But the second one is that I am starting a business.

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Speaker 3: Oh my gosh, of course you are, yes, of course

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Speaker 3: you are lucky.

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Speaker 2: You didn't have enough on.

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Speaker 4: So yeah, I tried to start a business, said the

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Speaker 4: mid last year, and got made redundant and so decided

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Speaker 4: to find another job and you know, get myself on

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Speaker 4: my feet, and then we got engaged in marriage and

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Speaker 4: all that stuff happened. So I'm back to having time

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Speaker 4: to think about the business now. The business just registered

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Speaker 4: about an hour ago. Email sistered.

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Speaker 3: Isn't that the best feeling ever? It's like the ball

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Speaker 3: has started rolling, my friend.

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Speaker 4: Yeah, it's awesome. So we're just working on finalizing the

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Speaker 4: website and all of that sort of stuff. So I

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Speaker 4: guess the plan is to eventually replace my income with

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Speaker 4: my new business, or at least be able to work

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Speaker 4: on that three days a week and be able to

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Speaker 4: you know, continue with my current employer a couple of

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Speaker 4: days a week.

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Speaker 5: Two.

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Speaker 2: How exciting.

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Speaker 3: So obviously starting business is a really big undertaking. What

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Speaker 3: are your main motivations for this? You said, you know,

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Speaker 3: replacing your income?

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Speaker 5: Is it?

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Speaker 3: Like more flexibility? Is it so you can travel? Is

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Speaker 3: so you can start a family?

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Speaker 5: Like?

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Speaker 2: What does that look like for you?

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Speaker 4: Yeah, it's all of the above. Before COVID, we wanted

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Speaker 4: to go and live in Asia for a few months

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Speaker 4: and that then obviously COVID prevented that. But we had

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Speaker 4: the perfect setup. So my partner has a business as well,

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Speaker 4: and I was working, you know, I had my entertainment business,

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Speaker 4: so we could have just done that overseas.

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Speaker 2: How cool you guys sound so fun?

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Speaker 4: Yeah, we we're definitely adventurers. I think I'd love to

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Speaker 4: do that, Like I still have that part of me

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Speaker 4: hasn't been fulfilled. We did build a camper van and

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Speaker 4: travel Australia for a little bit. As like the we

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Speaker 4: can't go to Asia so let's do this instead. But

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Speaker 4: it was a complete disaster. Why, oh, just it was

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Speaker 4: so hard building a camper van. Like my husband's amazing,

355
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Speaker 4: but he doesn't have any you know, background or skills

356
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Speaker 4: in that area.

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Speaker 5: He just youtubes and figures stuff.

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Speaker 2: Out exactly how I would do it.

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Speaker 4: Yeah, and I did say, you know, from the beginning,

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Speaker 4: that it would be something he would do when I'll

361
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Speaker 4: just watch and I'll you know, be the cheerleader. But

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00:18:09,600 --> 00:18:12,679
Speaker 4: our expectations are very different. So he was found it

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Speaker 4: really difficult that I wasn't as invested or like, had

364
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Speaker 4: as much energy or for the build as he did

365
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Speaker 4: in the beginning I did. And then it took way

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Speaker 4: longer than I wanted it to, so it became really

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Speaker 4: really hard.

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Speaker 5: And then we set off.

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Speaker 4: Much later than expected, so it was much hotter than expected,

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Speaker 4: and the dog hated it.

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Speaker 2: Oh no, why, it.

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Speaker 4: Just wasn't enough room in there for him to maneuver,

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Speaker 4: so he kept hitting himself, and he just didn't want

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Speaker 4: to be inside, so just wanted to be outside all

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Speaker 4: the time, and it was too hot for him to

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Speaker 4: be outside. So it was just it just wasn't what

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Speaker 4: we envisioned it to be. So it didn't satisfy that

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00:18:54,080 --> 00:18:59,080
Speaker 4: itch of you know, being away from home and you know,

379
00:18:59,400 --> 00:19:03,000
Speaker 4: having citing new things every day. That's still something that

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00:19:03,040 --> 00:19:05,920
Speaker 4: I want to do. So I guess this is starting

381
00:19:05,920 --> 00:19:09,520
Speaker 4: this business is one way to get that. But also

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Speaker 4: we are wanting to start a family. And I thought, well,

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Speaker 4: I'll just wait until you know, I'm on maternity leave

384
00:19:15,640 --> 00:19:19,040
Speaker 4: to start this business. But I think I just had

385
00:19:19,040 --> 00:19:22,280
Speaker 4: to reframe it in my mind that maybe I don't

386
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Speaker 4: need to have the maternity leave pay from my work.

387
00:19:25,320 --> 00:19:25,800
Speaker 5: Maybe I do.

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00:19:26,119 --> 00:19:28,919
Speaker 4: You can create and start it, maybe I can build it.

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00:19:29,000 --> 00:19:31,200
Speaker 4: Maybe I can do it slowly. You know, there's there's

390
00:19:32,000 --> 00:19:35,919
Speaker 4: there's lots of options. And my husband's happy to step

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00:19:35,920 --> 00:19:40,280
Speaker 4: in and help manage the business, you know if I am.

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Speaker 5: On maternity leave.

393
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Speaker 4: So yeah, we just thought we'll give it, give it

394
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Speaker 4: a try, and see what happened.

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Speaker 2: Oh how cool? I love this.

396
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Speaker 3: You are so much more adventurous than I will ever be,

397
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Speaker 3: and I'm so envious, Like it just sounds so cool

398
00:19:53,440 --> 00:19:55,320
Speaker 3: to go, oh yeah, we're going to go live in Asia.

399
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Speaker 3: I'm like, I could not convince my husband even if

400
00:19:57,520 --> 00:20:00,480
Speaker 3: I tried, Even if I tried, Like that is so

401
00:20:00,720 --> 00:20:03,560
Speaker 3: awesome though I'm obsessed with it all right, I've got

402
00:20:03,600 --> 00:20:05,480
Speaker 3: a lot of questions. I want to talk more about

403
00:20:05,520 --> 00:20:08,840
Speaker 3: your campervan, how much that cost, what that journey looked like.

404
00:20:09,280 --> 00:20:10,159
Speaker 2: And I also want.

405
00:20:10,040 --> 00:20:13,040
Speaker 3: To discuss investments and debts and best and worse money habits,

406
00:20:13,080 --> 00:20:21,040
Speaker 3: so guys do not go anywhere money diarist. Let's dive

407
00:20:21,080 --> 00:20:24,400
Speaker 3: straight back into this with a nonstructured question. You mentioned

408
00:20:24,400 --> 00:20:28,480
Speaker 3: before you built a camper van. Right, Obviously that was

409
00:20:28,800 --> 00:20:31,280
Speaker 3: not the best decision you've ever ever made in your life,

410
00:20:31,359 --> 00:20:33,720
Speaker 3: as it turns out. But I feel like in the

411
00:20:33,760 --> 00:20:37,040
Speaker 3: age of TikTok and Instagram and after covid, I have

412
00:20:37,200 --> 00:20:41,000
Speaker 3: romanticized fan living so much like you've just broken it

413
00:20:41,040 --> 00:20:41,280
Speaker 3: for me.

414
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Speaker 2: I'm really sorry.

415
00:20:42,400 --> 00:20:43,920
Speaker 3: Like in my head I was like, I can grab

416
00:20:43,960 --> 00:20:46,159
Speaker 3: the dog, maybe the cats could come. We can have

417
00:20:46,200 --> 00:20:48,359
Speaker 3: a van, we can travel around Australia. We can be

418
00:20:48,480 --> 00:20:52,399
Speaker 3: no bads. It's going to be amazing. Tell me about

419
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Speaker 3: how much this actually cost to do, because I know

420
00:20:55,080 --> 00:20:57,679
Speaker 3: it's still cost effective, but I don't think it's as

421
00:20:57,760 --> 00:20:58,919
Speaker 3: cheap as people think it is.

422
00:20:59,160 --> 00:21:01,200
Speaker 4: Yeah, so we bought the van, I think for about

423
00:21:01,200 --> 00:21:07,600
Speaker 4: twenty thousand dollars and we spent probably about fifteen to

424
00:21:07,680 --> 00:21:09,680
Speaker 4: eighteen thousand dollars actually.

425
00:21:09,440 --> 00:21:10,320
Speaker 5: Fitting it out.

426
00:21:10,320 --> 00:21:10,800
Speaker 2: Wow.

427
00:21:11,000 --> 00:21:13,760
Speaker 4: Yeah, So we were still working on it even when

428
00:21:13,760 --> 00:21:16,280
Speaker 4: we were on the road because our rental place had

429
00:21:16,320 --> 00:21:18,480
Speaker 4: like come to an end and we had to move

430
00:21:18,520 --> 00:21:20,520
Speaker 4: out and we were very close, so we were still adding

431
00:21:20,560 --> 00:21:23,080
Speaker 4: shelves and you know, trying to have all these little

432
00:21:23,119 --> 00:21:25,679
Speaker 4: nooks and crannies where we can actually store the things

433
00:21:25,720 --> 00:21:28,879
Speaker 4: that we need. So yeah, we were still messing around

434
00:21:28,880 --> 00:21:31,280
Speaker 4: with it when we set off. But yeah, the plan

435
00:21:31,560 --> 00:21:34,360
Speaker 4: was we tried to make it stealthy so that we could,

436
00:21:34,480 --> 00:21:36,720
Speaker 4: you know, be wherever we wanted to be and not

437
00:21:36,800 --> 00:21:38,640
Speaker 4: have to pay to stay somewhere every night.

438
00:21:38,800 --> 00:21:41,520
Speaker 3: Yes, smart, smart, I've seen on TikTok. I know exactly

439
00:21:41,560 --> 00:21:42,440
Speaker 3: what you're talking about.

440
00:21:43,080 --> 00:21:43,560
Speaker 2: I'm on this.

441
00:21:44,080 --> 00:21:46,639
Speaker 4: But we got very nervous, so we were like, we

442
00:21:46,640 --> 00:21:50,160
Speaker 4: don't want to just park outside somebody's house and sleep here,

443
00:21:50,240 --> 00:21:52,879
Speaker 4: and this is strange and we can't find, you know,

444
00:21:52,960 --> 00:21:56,600
Speaker 4: a really flat area and we'd get it really frustrated

445
00:21:56,640 --> 00:21:59,960
Speaker 4: with it, so we just ended up staying in campsites. Yeah,

446
00:22:00,480 --> 00:22:03,360
Speaker 4: like ninety nine percent of the time. And we were

447
00:22:03,400 --> 00:22:07,560
Speaker 4: heading north Queensland, so I think we left maybe in

448
00:22:07,720 --> 00:22:11,280
Speaker 4: October or November. So by the time we got to

449
00:22:11,600 --> 00:22:14,760
Speaker 4: like the early beach kind of area, it was way

450
00:22:14,800 --> 00:22:16,600
Speaker 4: too hot on humid to stay in a van.

451
00:22:16,760 --> 00:22:19,760
Speaker 2: I was about to say, it would be so stinking hot.

452
00:22:20,160 --> 00:22:23,119
Speaker 4: Yeah, and the dog just really wasn't happy. He just

453
00:22:23,840 --> 00:22:25,679
Speaker 4: wanted to be outside all the time, but there was

454
00:22:25,720 --> 00:22:28,080
Speaker 4: no shade for him. He wouldn't go in the tenth

455
00:22:28,080 --> 00:22:28,480
Speaker 4: that we bought.

456
00:22:28,520 --> 00:22:28,679
Speaker 5: You know.

457
00:22:28,680 --> 00:22:31,480
Speaker 4: We tried all these different things to make it more

458
00:22:31,520 --> 00:22:34,240
Speaker 4: comfortable for him, but he wasn't happy. So we ended

459
00:22:34,280 --> 00:22:41,000
Speaker 4: up staying in cabins at campsites that were pet friendly.

460
00:22:41,119 --> 00:22:46,000
Speaker 4: So they were like the really old, daggy, horrible places.

461
00:22:46,119 --> 00:22:48,879
Speaker 3: Yeah, but they also would have been expensive because the

462
00:22:48,960 --> 00:22:52,120
Speaker 3: second do you say pet friendly, you put like an

463
00:22:52,119 --> 00:22:53,520
Speaker 3: extra zero on things.

464
00:22:53,560 --> 00:22:56,000
Speaker 2: It's like the wedding tax, but it's the pit tax.

465
00:22:56,560 --> 00:22:56,800
Speaker 5: Yes.

466
00:22:57,280 --> 00:22:59,639
Speaker 4: I was so excited about the money wins that I

467
00:22:59,640 --> 00:23:02,120
Speaker 4: would get from, you know, not having to pay rents

468
00:23:02,280 --> 00:23:04,800
Speaker 4: and how much can we save and all of this stuff,

469
00:23:04,800 --> 00:23:06,879
Speaker 4: and then yeah, it didn't quite work out like that.

470
00:23:06,920 --> 00:23:09,360
Speaker 3: And then you had your van and you were paying

471
00:23:09,400 --> 00:23:12,520
Speaker 3: for cabins. It would have been a money loss, But

472
00:23:12,600 --> 00:23:15,320
Speaker 3: did you have fun at least some of the time.

473
00:23:15,680 --> 00:23:19,400
Speaker 4: Oh, we did have some fun. We did have some fun.

474
00:23:19,560 --> 00:23:22,680
Speaker 4: But yeah, it's very hard to travel with pets, I think,

475
00:23:22,760 --> 00:23:25,600
Speaker 4: because you can't really leave them, so you constantly have

476
00:23:25,680 --> 00:23:28,439
Speaker 4: to have somebody with them, so it really limits what

477
00:23:28,480 --> 00:23:31,600
Speaker 4: you can do. Yeah, but I don't regret it. I

478
00:23:31,640 --> 00:23:33,919
Speaker 4: think we learned a lot and we went through a

479
00:23:33,960 --> 00:23:36,959
Speaker 4: really hard time that we got through it and we

480
00:23:37,000 --> 00:23:38,400
Speaker 4: got married after all that.

481
00:23:38,520 --> 00:23:39,680
Speaker 5: It was lots of arguments.

482
00:23:39,720 --> 00:23:42,439
Speaker 3: If you can live in a van with somebody with

483
00:23:42,520 --> 00:23:44,919
Speaker 3: a dog who doesn't even want to be there and

484
00:23:45,080 --> 00:23:47,119
Speaker 3: still want to marry the person after like, to me,

485
00:23:47,240 --> 00:23:49,800
Speaker 3: that's the right person. You're marrying the right person.

486
00:23:50,600 --> 00:23:52,520
Speaker 2: Yes, Oh, how good?

487
00:23:53,359 --> 00:23:53,760
Speaker 5: All right?

488
00:23:53,800 --> 00:23:56,840
Speaker 3: I want to know, let's change tune of this conversation

489
00:23:57,160 --> 00:23:59,920
Speaker 3: because I feel like maybe the van wasn't the best investment.

490
00:24:00,000 --> 00:24:02,080
Speaker 2: Actually, did you sell it? Have you still got it?

491
00:24:02,160 --> 00:24:04,960
Speaker 4: So we sold it and it was the best investment.

492
00:24:05,040 --> 00:24:07,080
Speaker 2: Actually, I was wondering.

493
00:24:07,520 --> 00:24:09,879
Speaker 4: We took out I think we had credit cards to

494
00:24:09,880 --> 00:24:12,600
Speaker 4: be able to pay for it, so we managed to

495
00:24:12,640 --> 00:24:15,320
Speaker 4: pay them all off. So we had an asset that

496
00:24:15,480 --> 00:24:17,760
Speaker 4: was worth forty thousand dollars. So we sold it for

497
00:24:17,840 --> 00:24:20,520
Speaker 4: about forty or forty two thousand dollars something like that.

498
00:24:20,600 --> 00:24:23,800
Speaker 4: By the time we'd taken all the costs into consideration,

499
00:24:23,880 --> 00:24:26,440
Speaker 4: we didn't really make anything and we spent a lot

500
00:24:26,480 --> 00:24:30,120
Speaker 4: of our time building it. But yeah, we didn't lose anything.

501
00:24:30,440 --> 00:24:34,200
Speaker 4: But so then that gave us a good chunk of money.

502
00:24:34,440 --> 00:24:38,080
Speaker 4: Plus I'd sold my house around the same time, and

503
00:24:38,160 --> 00:24:40,920
Speaker 4: it helped us to be able to buy the house

504
00:24:40,960 --> 00:24:41,639
Speaker 4: we now live in.

505
00:24:41,920 --> 00:24:45,239
Speaker 3: Oh hell cool. Yeah, that's the next question I have

506
00:24:45,280 --> 00:24:47,320
Speaker 3: for you. I wo don't know do you have any investments.

507
00:24:47,359 --> 00:24:50,320
Speaker 3: Obviously you have your Airbnb one, I want to know

508
00:24:50,400 --> 00:24:52,639
Speaker 3: more about that, But do you have any other investments

509
00:24:52,720 --> 00:24:53,359
Speaker 3: apart from that?

510
00:24:53,680 --> 00:24:58,800
Speaker 4: Yes, so I partly own a house back in the

511
00:24:58,920 --> 00:25:02,359
Speaker 4: UK with my dad or with my parents. So, like

512
00:25:02,400 --> 00:25:05,640
Speaker 4: I said, dad is now doing much better. His business

513
00:25:05,720 --> 00:25:09,680
Speaker 4: is going really really well, and so he has bought

514
00:25:09,720 --> 00:25:14,080
Speaker 4: the house that like our house backs onto so he

515
00:25:14,119 --> 00:25:16,119
Speaker 4: can look out the window and see the house that

516
00:25:16,200 --> 00:25:16,760
Speaker 4: he's bought.

517
00:25:17,160 --> 00:25:20,439
Speaker 2: How cool is that? Yes, that is very cool.

518
00:25:21,560 --> 00:25:25,080
Speaker 4: So I have a part ownership in that. It's about

519
00:25:25,480 --> 00:25:28,159
Speaker 4: a fourth or a fifth of the house. So the

520
00:25:28,240 --> 00:25:31,440
Speaker 4: money that I get from that, which isn't a lot

521
00:25:31,560 --> 00:25:34,480
Speaker 4: about in pounds about one hundred pounds a month, but

522
00:25:34,520 --> 00:25:37,720
Speaker 4: that money just sits in the account and builds up

523
00:25:37,800 --> 00:25:40,320
Speaker 4: and that's us spending money whenever we go back to

524
00:25:40,359 --> 00:25:41,240
Speaker 4: the UK to visit.

525
00:25:41,280 --> 00:25:42,040
Speaker 2: Oh, how good.

526
00:25:42,119 --> 00:25:45,560
Speaker 3: That's so smart because like the transfer fees would be

527
00:25:45,640 --> 00:25:48,399
Speaker 3: quite pricey, and to be honest, you don't get a

528
00:25:48,400 --> 00:25:51,600
Speaker 3: whole lot when transferring out of pounds and into aud

529
00:25:51,760 --> 00:25:52,800
Speaker 3: at this point in time.

530
00:25:52,880 --> 00:25:54,040
Speaker 2: It's not that sexy.

531
00:25:54,240 --> 00:25:56,840
Speaker 4: Yeah, so it's you know, it works really well for us.

532
00:25:56,880 --> 00:25:57,840
Speaker 5: It means that we.

533
00:25:58,400 --> 00:26:00,640
Speaker 4: Have to pay for our flights, but then when we're there,

534
00:26:00,680 --> 00:26:03,680
Speaker 4: we pretty much have all of our spending money when

535
00:26:03,720 --> 00:26:06,760
Speaker 4: we visit, which happens probably every two years.

536
00:26:07,000 --> 00:26:11,359
Speaker 3: How good. Tell me about your airbnb. I feel like

537
00:26:11,440 --> 00:26:15,119
Speaker 3: this is such a smart way to invest. It's a

538
00:26:15,160 --> 00:26:17,399
Speaker 3: bit of a topical way to invest at the moment.

539
00:26:17,440 --> 00:26:20,560
Speaker 3: But you said you have a separate dwelling on the

540
00:26:20,600 --> 00:26:22,080
Speaker 3: property that you own and live in.

541
00:26:22,240 --> 00:26:23,320
Speaker 2: How does that work?

542
00:26:23,720 --> 00:26:27,880
Speaker 4: So we bought this property that had a converted two

543
00:26:27,920 --> 00:26:32,600
Speaker 4: story garage, so it was already converted into a house.

544
00:26:33,920 --> 00:26:37,760
Speaker 4: So it has a bedroom, a bathroom, a living area,

545
00:26:37,800 --> 00:26:41,800
Speaker 4: a kitchen, a separate driveway with parking, so it has

546
00:26:41,880 --> 00:26:45,960
Speaker 4: everything that you could need. It's actually really really nice.

547
00:26:46,080 --> 00:26:49,600
Speaker 4: It's really cute and very bright, and we live in

548
00:26:49,640 --> 00:26:54,240
Speaker 4: the Hills area, so there's lots of trees and greenery around,

549
00:26:54,840 --> 00:26:58,520
Speaker 4: so it does really well. We have guests for the

550
00:26:58,520 --> 00:27:01,680
Speaker 4: majority of the time, might be you know, four or

551
00:27:01,760 --> 00:27:02,960
Speaker 4: five nights a month.

552
00:27:03,119 --> 00:27:05,360
Speaker 2: That's really booked that much.

553
00:27:05,880 --> 00:27:08,800
Speaker 3: Yeah, oh my gosh, that is not what I expected

554
00:27:08,800 --> 00:27:09,440
Speaker 3: you to say.

555
00:27:10,040 --> 00:27:11,000
Speaker 5: Yeah, it's great.

556
00:27:11,680 --> 00:27:14,560
Speaker 4: And we live in an area that it's nice to

557
00:27:14,640 --> 00:27:18,159
Speaker 4: visit in winter, so even through winter we get like

558
00:27:18,560 --> 00:27:23,199
Speaker 4: really good stays. We earn about four thousand dollars a

559
00:27:23,280 --> 00:27:27,240
Speaker 4: month from it, sometimes four and a half, and then

560
00:27:27,359 --> 00:27:30,119
Speaker 4: over like the Christmas period, it can be up to

561
00:27:30,240 --> 00:27:32,720
Speaker 4: six or seven thousand dollars a month.

562
00:27:32,880 --> 00:27:35,359
Speaker 3: Can I be pervy? What are your mortgage repayments?

563
00:27:35,600 --> 00:27:35,760
Speaker 1: Oh?

564
00:27:35,800 --> 00:27:36,480
Speaker 5: Good question.

565
00:27:36,960 --> 00:27:40,399
Speaker 4: So we have a split lawn, so we have a

566
00:27:40,480 --> 00:27:43,880
Speaker 4: loan of We've got about six hundred thousand or one

567
00:27:43,960 --> 00:27:48,600
Speaker 4: part of our loan that's fixed and that is I

568
00:27:48,600 --> 00:27:53,040
Speaker 4: think seven hundred and twenty five dollars a week, and

569
00:27:53,080 --> 00:27:56,280
Speaker 4: then we have a separate portion which was one hundred thousand,

570
00:27:56,400 --> 00:27:58,560
Speaker 4: but we had to remortgage so we can fix the

571
00:27:58,560 --> 00:28:03,040
Speaker 4: structural issues. So it's now nearly two hundred thousand, so

572
00:28:03,040 --> 00:28:06,359
Speaker 4: we pay about two hundred dollars a week back on that,

573
00:28:06,440 --> 00:28:09,800
Speaker 4: so it's about nine hundred around about nine hundred dollars

574
00:28:09,880 --> 00:28:10,680
Speaker 4: I think that we pay.

575
00:28:10,880 --> 00:28:14,480
Speaker 3: So, just doing some pretty basic maths, you're making more

576
00:28:14,520 --> 00:28:18,800
Speaker 3: on your airbnb than you are paying your mortgage down.

577
00:28:19,480 --> 00:28:22,080
Speaker 3: Did you think when you purchased the property that you'd

578
00:28:22,080 --> 00:28:24,399
Speaker 3: purchased that that's exactly what would happen or was it

579
00:28:24,400 --> 00:28:27,480
Speaker 3: a bit of a riscore? Was this a calculated risk?

580
00:28:27,760 --> 00:28:30,440
Speaker 4: Now, we were quite confident I think that we would

581
00:28:30,480 --> 00:28:34,320
Speaker 4: be able to cover our mortgage costs. So there's still

582
00:28:34,400 --> 00:28:37,320
Speaker 4: expenses with that. That's not money that's going into our pocket.

583
00:28:37,320 --> 00:28:39,360
Speaker 4: We still have to pay tax on that. Of course,

584
00:28:39,440 --> 00:28:43,360
Speaker 4: we started cleaning it all ourselves, but with being made

585
00:28:43,400 --> 00:28:47,000
Speaker 4: redundant and having to you know, work in an office

586
00:28:47,520 --> 00:28:48,520
Speaker 4: and not be at home.

587
00:28:49,000 --> 00:28:50,120
Speaker 5: We've got a cleaner.

588
00:28:49,840 --> 00:28:52,120
Speaker 4: That comes and does all the cleans for us, and

589
00:28:52,160 --> 00:28:55,360
Speaker 4: we put you know, we we buy breakfast supplies and

590
00:28:55,400 --> 00:28:58,200
Speaker 4: put nice things in there so it feels really welcome

591
00:28:58,200 --> 00:29:01,800
Speaker 4: in and hormly. So there's on top of that. But yeah,

592
00:29:01,920 --> 00:29:06,360
Speaker 4: essentially we have friends who had done a similar thing,

593
00:29:06,560 --> 00:29:09,360
Speaker 4: so they had bought a property near where we live,

594
00:29:09,920 --> 00:29:14,120
Speaker 4: and they had a very very tiny, like tiny airbnb

595
00:29:14,760 --> 00:29:16,800
Speaker 4: and it was going quite well for them, and we

596
00:29:16,840 --> 00:29:19,480
Speaker 4: looked at how well they were doing. They were maybe

597
00:29:19,480 --> 00:29:22,920
Speaker 4: getting three or four nights booked a week, so we

598
00:29:22,920 --> 00:29:26,360
Speaker 4: were confident that we could at least earn what our

599
00:29:26,440 --> 00:29:28,600
Speaker 4: mortgage would have been, and it was a lot less

600
00:29:28,680 --> 00:29:31,320
Speaker 4: when we first you know, when we first moved here

601
00:29:31,360 --> 00:29:34,520
Speaker 4: with interest rates and before we'd remortgage.

602
00:29:34,680 --> 00:29:37,320
Speaker 3: Oh my gosh, I'm so excited to hear about this.

603
00:29:37,400 --> 00:29:39,560
Speaker 3: It's just like so pervy to be like, well, how

604
00:29:39,600 --> 00:29:42,040
Speaker 3: does that work out? Because I feel like so many

605
00:29:42,080 --> 00:29:44,080
Speaker 3: times you go is therebnb worth it?

606
00:29:44,120 --> 00:29:44,479
Speaker 2: Is it not?

607
00:29:44,520 --> 00:29:47,240
Speaker 3: And I mean you've got to be quite strategic about it.

608
00:29:47,280 --> 00:29:49,720
Speaker 3: And it sounds like you've got a smart property. As

609
00:29:49,760 --> 00:29:51,800
Speaker 3: you said before, you live in an area where it's

610
00:29:51,880 --> 00:29:54,959
Speaker 3: nice to visit in the winter as well, and that

611
00:29:55,040 --> 00:29:59,120
Speaker 3: would be quite important for consistent bookings. But oh my gosh,

612
00:29:59,200 --> 00:30:01,360
Speaker 3: it makes me so ex you guys, it sounds like

613
00:30:01,400 --> 00:30:04,640
Speaker 3: you're setting yourselves up for massive success, like.

614
00:30:04,640 --> 00:30:05,560
Speaker 2: You're starting a business.

615
00:30:05,640 --> 00:30:08,360
Speaker 3: You've got your airbnb's stuff, like you've got a portion

616
00:30:08,440 --> 00:30:10,600
Speaker 3: of the property in the UK. Like I'm just so

617
00:30:10,760 --> 00:30:14,680
Speaker 3: excited for your financial future, especially because our conversation started

618
00:30:14,720 --> 00:30:18,720
Speaker 3: with home brand packets of chips, like, yeah, how good.

619
00:30:19,720 --> 00:30:21,840
Speaker 3: I want to know now, obviously you just told us

620
00:30:21,880 --> 00:30:24,760
Speaker 3: a little bit about your two mortgages. So you've got

621
00:30:24,800 --> 00:30:27,240
Speaker 3: the six hundred thousand dollar loan and about the two

622
00:30:27,360 --> 00:30:30,840
Speaker 3: hundred thousand dollar loan as a split loan facility. Do

623
00:30:30,920 --> 00:30:32,600
Speaker 3: you have any other debts?

624
00:30:33,120 --> 00:30:36,040
Speaker 4: No other debts, but a few other investments.

625
00:30:36,560 --> 00:30:38,320
Speaker 2: Oh, tell me more about those.

626
00:30:38,600 --> 00:30:41,400
Speaker 3: Sorry, I just assumed that that's where we tapped out

627
00:30:41,440 --> 00:30:42,600
Speaker 3: because it was too good.

628
00:30:43,400 --> 00:30:45,400
Speaker 4: So I have a raised account, which I've had for

629
00:30:45,440 --> 00:30:49,280
Speaker 4: a few years now, I think from curing it when

630
00:30:49,280 --> 00:30:50,880
Speaker 4: I first started. She's on the money.

631
00:30:51,080 --> 00:30:51,720
Speaker 5: Yay, yay.

632
00:30:51,800 --> 00:30:54,600
Speaker 4: So we've got about three thousand, six hundred dollars in there,

633
00:30:55,920 --> 00:30:59,080
Speaker 4: and a month ago I started a shaesy account.

634
00:30:59,480 --> 00:31:00,840
Speaker 2: Fantastic stick decision.

635
00:31:01,120 --> 00:31:04,960
Speaker 4: Yeah, so I've got about seven hundred dollars in there

636
00:31:05,040 --> 00:31:08,280
Speaker 4: at the moment. And I started off putting put five

637
00:31:08,360 --> 00:31:10,680
Speaker 4: hundred dollars in and then I was doing one hundred

638
00:31:10,720 --> 00:31:11,600
Speaker 4: dollars a fortnight.

639
00:31:12,200 --> 00:31:15,440
Speaker 5: But I'm feeling more confidence. I'm going to increase that.

640
00:31:15,800 --> 00:31:18,360
Speaker 3: Oh all right, now you have to tell us because

641
00:31:18,840 --> 00:31:21,480
Speaker 3: cha Z's is not like raise, right. Like Raise is

642
00:31:21,560 --> 00:31:22,960
Speaker 3: just you kind of go on the app, you pick

643
00:31:23,000 --> 00:31:25,400
Speaker 3: your risk profile, and it's when bam, thank you, ma'am.

644
00:31:25,640 --> 00:31:29,760
Speaker 3: It's all auto invested micro investing, right. But Chazy's you

645
00:31:29,800 --> 00:31:32,120
Speaker 3: download the app and then you have to pick your investments.

646
00:31:32,520 --> 00:31:35,400
Speaker 3: How did you pick your investments and what was your

647
00:31:35,680 --> 00:31:37,880
Speaker 3: selection criteria when going into that.

648
00:31:38,120 --> 00:31:41,320
Speaker 4: Yeah, I tried not to worry too much about what

649
00:31:41,440 --> 00:31:44,640
Speaker 4: I was choosing. I just wanted to get in and

650
00:31:44,680 --> 00:31:49,280
Speaker 4: start learning, and so I felt that supermarkets and banks

651
00:31:49,320 --> 00:31:55,280
Speaker 4: were really solid investments. So I chose a supermarket, a bank,

652
00:31:55,840 --> 00:32:00,760
Speaker 4: a farming sort of company that I recognized to others

653
00:32:00,800 --> 00:32:03,320
Speaker 4: that I can't think of now, But I looked at

654
00:32:03,360 --> 00:32:08,360
Speaker 4: the five year history and ensured that they were increasing

655
00:32:09,520 --> 00:32:10,760
Speaker 4: over that five year period.

656
00:32:11,080 --> 00:32:12,960
Speaker 2: Yeah, epic, how good.

657
00:32:13,040 --> 00:32:15,239
Speaker 3: I feel like I love knowing people's kind of like

658
00:32:15,640 --> 00:32:19,720
Speaker 3: process because it can feel a little bit overwhelming. Do

659
00:32:19,760 --> 00:32:21,920
Speaker 3: you feel like you got a little bit of analysis

660
00:32:21,920 --> 00:32:24,440
Speaker 3: paralysis when you knew went to start picking or do

661
00:32:24,480 --> 00:32:26,880
Speaker 3: you feel like no, I downloaded it at the time

662
00:32:26,920 --> 00:32:28,080
Speaker 3: that I knew what I was picking.

663
00:32:28,360 --> 00:32:30,680
Speaker 4: Yeah, I've wanted to do it for a long time,

664
00:32:31,280 --> 00:32:35,120
Speaker 4: and I'd decided that weekend that I was going to

665
00:32:35,120 --> 00:32:38,560
Speaker 4: spend time setting up investments, and I just went to

666
00:32:38,600 --> 00:32:41,760
Speaker 4: a cafe and just sat and it was overwhelming because

667
00:32:41,760 --> 00:32:45,200
Speaker 4: there was lots But I think that just listening to

668
00:32:45,320 --> 00:32:48,880
Speaker 4: the show and reading the Chaisey's blog and that kind

669
00:32:48,920 --> 00:32:53,520
Speaker 4: of stuff, it's taking me a really long time to

670
00:32:53,680 --> 00:32:56,920
Speaker 4: feel confident to do it. But yeah, I think I

671
00:32:57,000 --> 00:33:01,160
Speaker 4: knew bank and supermarket. That's what I wanted to do,

672
00:33:01,800 --> 00:33:05,080
Speaker 4: so I just thought, right, I'll just find one.

673
00:33:04,880 --> 00:33:07,360
Speaker 5: Of those that I feel comfortable with.

674
00:33:07,280 --> 00:33:09,280
Speaker 4: And then saw a few more and thought, oh, yeah,

675
00:33:09,320 --> 00:33:12,560
Speaker 4: I recognized that one. Oh at that I just chose

676
00:33:12,600 --> 00:33:14,920
Speaker 4: that one and just got started.

677
00:33:15,280 --> 00:33:15,960
Speaker 2: Yeah, Oh my.

678
00:33:15,920 --> 00:33:18,600
Speaker 3: Gosh, that makes me so excited that you're like finally

679
00:33:18,680 --> 00:33:20,440
Speaker 3: in and you're finally picking things.

680
00:33:20,560 --> 00:33:21,120
Speaker 2: It makes my.

681
00:33:21,120 --> 00:33:23,320
Speaker 3: Heart so full to know that I got to be

682
00:33:23,360 --> 00:33:26,200
Speaker 3: a little little part of that journey. And you mentioned

683
00:33:26,200 --> 00:33:29,760
Speaker 3: actually the Chersias blog like that is such a good resource.

684
00:33:29,840 --> 00:33:31,320
Speaker 2: I feel like they don't promote it enough.

685
00:33:31,360 --> 00:33:33,120
Speaker 3: I probably need to have a chat with them about that,

686
00:33:33,280 --> 00:33:36,800
Speaker 3: because there's so many good things on that blog related

687
00:33:36,840 --> 00:33:40,440
Speaker 3: to like stop picking and what's performing well, and even

688
00:33:40,440 --> 00:33:42,400
Speaker 3: on there, I don't know if you followed them on Instagram,

689
00:33:42,600 --> 00:33:45,480
Speaker 3: but they've got their market updates and I feel like

690
00:33:45,520 --> 00:33:48,880
Speaker 3: they're just so easy to consume, like I'm obsessed obviously.

691
00:33:50,640 --> 00:33:53,800
Speaker 2: Moving on though? Is that all our investments? Have we

692
00:33:53,840 --> 00:33:54,720
Speaker 2: wrapped it all up?

693
00:33:55,200 --> 00:33:55,520
Speaker 5: Yes?

694
00:33:55,760 --> 00:33:58,840
Speaker 2: Awesome? Oh actually, oh no, of course not. What else

695
00:33:58,920 --> 00:34:00,600
Speaker 2: have we got a point?

696
00:34:00,760 --> 00:34:03,640
Speaker 4: I took a risk and got some crypto.

697
00:34:04,080 --> 00:34:05,080
Speaker 2: Yeah, how did that go?

698
00:34:05,280 --> 00:34:08,120
Speaker 4: I can't even tell you how it went. Because somebody

699
00:34:08,600 --> 00:34:10,520
Speaker 4: encouraged us to do it and said, you've got to

700
00:34:10,560 --> 00:34:13,279
Speaker 4: get in. It's about to take off. You've really got

701
00:34:13,280 --> 00:34:15,759
Speaker 4: to do it right now. And so my friend and

702
00:34:15,800 --> 00:34:18,520
Speaker 4: I thought, oh, well, why not. We'll put a bit.

703
00:34:18,400 --> 00:34:18,880
Speaker 5: Of money in.

704
00:34:18,920 --> 00:34:21,440
Speaker 4: There's something that we don't mind losing. And I think

705
00:34:21,960 --> 00:34:24,200
Speaker 4: the maximum we could do is three hundred and sixty

706
00:34:24,520 --> 00:34:27,520
Speaker 4: ish dollars, and we've sort of both decided, okay, five

707
00:34:27,640 --> 00:34:28,440
Speaker 4: hundred dollars we can.

708
00:34:28,560 --> 00:34:30,880
Speaker 5: We feel okay with five hundred dollars, let's give it

709
00:34:30,920 --> 00:34:31,279
Speaker 5: a try.

710
00:34:31,360 --> 00:34:35,360
Speaker 4: But we managed to do three sixty and then immediately

711
00:34:35,400 --> 00:34:38,319
Speaker 4: after that it just started plumbting. Oh no, And so

712
00:34:38,400 --> 00:34:40,880
Speaker 4: then I haven't looked at that since, and that was

713
00:34:40,920 --> 00:34:44,319
Speaker 4: probably two years ago. So I have no idea where

714
00:34:44,360 --> 00:34:47,319
Speaker 4: it's at whether it actually recovered or not.

715
00:34:47,840 --> 00:34:50,000
Speaker 5: I need to check it. I keep meaning too.

716
00:34:50,080 --> 00:34:50,759
Speaker 2: I would check it.

717
00:34:50,880 --> 00:34:52,440
Speaker 3: I don't know if you're going to be a secret

718
00:34:52,440 --> 00:34:55,600
Speaker 3: millionaire or not, but it's good to know where things

719
00:34:55,600 --> 00:34:55,960
Speaker 3: are at.

720
00:34:56,120 --> 00:34:57,839
Speaker 2: I feel like a lot of people did that.

721
00:34:57,960 --> 00:35:01,080
Speaker 3: Actually, it's crazy how many people did that and then

722
00:35:01,360 --> 00:35:03,960
Speaker 3: they don't even remember their logins. I'm like, oh my gosh,

723
00:35:04,000 --> 00:35:05,920
Speaker 3: this gives me way too much anxiety.

724
00:35:06,040 --> 00:35:08,319
Speaker 4: I know it'll be in my email somewhere, but I'm like,

725
00:35:08,400 --> 00:35:09,560
Speaker 4: I don't even know where to.

726
00:35:09,640 --> 00:35:11,319
Speaker 2: Where to start looking. It'll be there.

727
00:35:11,320 --> 00:35:13,640
Speaker 4: I'll have the information, but I don't know it.

728
00:35:14,000 --> 00:35:17,080
Speaker 3: Yeah, oh my head, right, Yeah, that's yeah, that's very fair.

729
00:35:17,360 --> 00:35:19,960
Speaker 3: All right, let's move back to the conversation about debt.

730
00:35:20,280 --> 00:35:22,839
Speaker 3: Did you have any other debts apart from the eight

731
00:35:22,960 --> 00:35:24,560
Speaker 3: hundred thousand dollars in loads?

732
00:35:24,880 --> 00:35:25,280
Speaker 5: Nothing?

733
00:35:25,360 --> 00:35:28,480
Speaker 2: Now, of course you don't. I expected nothing less.

734
00:35:29,360 --> 00:35:29,560
Speaker 1: Now.

735
00:35:29,600 --> 00:35:31,799
Speaker 2: I want to know, though, what do you think is

736
00:35:31,840 --> 00:35:33,120
Speaker 2: your best money habit?

737
00:35:33,200 --> 00:35:35,080
Speaker 3: I feel like you might have a few of these,

738
00:35:35,160 --> 00:35:37,919
Speaker 3: given how well you have done to set things up.

739
00:35:38,680 --> 00:35:41,719
Speaker 4: I think at the moment, my best money habit has

740
00:35:41,760 --> 00:35:47,040
Speaker 4: been avoiding buying new items where possible. So yeah, since

741
00:35:47,040 --> 00:35:51,680
Speaker 4: we've moved you. We have some amazing pre loved shops

742
00:35:52,280 --> 00:35:56,200
Speaker 4: in this area, so people sell their clothes that they

743
00:35:56,239 --> 00:35:59,839
Speaker 4: don't want anymore, and they're usually brand clothes that are

744
00:35:59,840 --> 00:36:03,480
Speaker 4: in great condition. And so I can't remember the last

745
00:36:03,480 --> 00:36:07,880
Speaker 4: time I bought something new. Well, sometimes I get things

746
00:36:08,040 --> 00:36:10,480
Speaker 4: new from there because they still have tags on them,

747
00:36:10,680 --> 00:36:14,160
Speaker 4: but you know, I'm buying somebody else's clothes, essentially money

748
00:36:14,160 --> 00:36:19,319
Speaker 4: with yes, and also things like furniture. When we moved you,

749
00:36:19,640 --> 00:36:22,879
Speaker 4: we got a lot of things off Marketplace and there's

750
00:36:22,880 --> 00:36:24,239
Speaker 4: some amazing.

751
00:36:23,800 --> 00:36:25,680
Speaker 5: Facebook groups where people give.

752
00:36:25,560 --> 00:36:29,280
Speaker 4: Things away for free, and so yeah, I'm really enjoying

753
00:36:30,239 --> 00:36:34,000
Speaker 4: the sort of community feel of I don't need this anymore,

754
00:36:34,200 --> 00:36:37,520
Speaker 4: or I got extra of these and I don't necessarily

755
00:36:37,560 --> 00:36:40,839
Speaker 4: need them, could anybody else use them? So I've got

756
00:36:40,880 --> 00:36:43,200
Speaker 4: some really cool stuff from there and given away some

757
00:36:43,280 --> 00:36:45,760
Speaker 4: cool stuff as well, which feels It feels so nice

758
00:36:45,800 --> 00:36:49,879
Speaker 4: to give away something that somebody else can benefit from.

759
00:36:49,960 --> 00:36:52,759
Speaker 3: It's very wholesome as well, like it must make you

760
00:36:52,760 --> 00:36:55,360
Speaker 3: feel a lot more what would you say, like connected

761
00:36:55,480 --> 00:36:56,360
Speaker 3: with your community.

762
00:36:56,920 --> 00:36:59,920
Speaker 4: Yeah, and it's all local stuff, so it's all people

763
00:37:00,160 --> 00:37:03,400
Speaker 4: within the few suburbs that you live in, and you'll

764
00:37:03,560 --> 00:37:05,720
Speaker 4: you know, you'll have someone come to pick up something

765
00:37:05,760 --> 00:37:08,160
Speaker 4: and they'll say, oh, you're just around the corner. I

766
00:37:08,239 --> 00:37:10,319
Speaker 4: just live, you know, on the next street down there.

767
00:37:10,440 --> 00:37:10,719
Speaker 5: Thank you.

768
00:37:11,120 --> 00:37:14,120
Speaker 4: It's really nice to meet you know, meet the neighbors

769
00:37:14,160 --> 00:37:18,960
Speaker 4: and feel like moving to a different state, you know,

770
00:37:19,000 --> 00:37:21,360
Speaker 4: you sort of feel like, oh, no, I don't know anything,

771
00:37:21,400 --> 00:37:23,839
Speaker 4: I don't know anybody. But then when you start doing

772
00:37:23,840 --> 00:37:25,799
Speaker 4: that kind of stuff, it makes you feel, you know,

773
00:37:25,840 --> 00:37:26,680
Speaker 4: a bit more at home.

774
00:37:26,960 --> 00:37:27,520
Speaker 2: I like that.

775
00:37:27,719 --> 00:37:29,600
Speaker 3: I think that's also a good tip if you have

776
00:37:29,719 --> 00:37:32,680
Speaker 3: moved to a new location to kind of start embracing

777
00:37:32,719 --> 00:37:35,000
Speaker 3: the community in that way. What a genius idea A

778
00:37:35,600 --> 00:37:39,239
Speaker 3: love Yeah, let's flip it, though less wholesome. What's your

779
00:37:39,239 --> 00:37:40,040
Speaker 3: worst money habit?

780
00:37:40,160 --> 00:37:43,840
Speaker 4: My friend, I have a tendency to want to earn

781
00:37:44,160 --> 00:37:46,480
Speaker 4: money off anything possible.

782
00:37:47,520 --> 00:37:49,799
Speaker 2: That's not a bad money habit, but.

783
00:37:49,920 --> 00:37:52,439
Speaker 4: Like sacrificing my comfort for that too.

784
00:37:52,840 --> 00:37:53,040
Speaker 5: Yeah.

785
00:37:53,120 --> 00:37:56,759
Speaker 4: Okay, when we've bought this house, we had separate a

786
00:37:56,840 --> 00:37:59,360
Speaker 4: B and B, but we have a whole downstairs area

787
00:37:59,400 --> 00:38:00,800
Speaker 4: that we don't tend to use.

788
00:38:00,960 --> 00:38:02,160
Speaker 5: It just me and my husband.

789
00:38:02,239 --> 00:38:04,720
Speaker 4: So we've got quite a big house for two of us,

790
00:38:05,080 --> 00:38:08,160
Speaker 4: and so I really wanted to turn downstairs into an

791
00:38:08,200 --> 00:38:09,399
Speaker 4: ab and b as well.

792
00:38:10,400 --> 00:38:13,480
Speaker 2: You know what, it makes sense the story checks out.

793
00:38:13,400 --> 00:38:16,880
Speaker 4: Or into I don't know, like a beauty salon or

794
00:38:16,960 --> 00:38:19,000
Speaker 4: something that I can make money from.

795
00:38:19,000 --> 00:38:21,080
Speaker 2: Were you going to run this beauty salon? Like where

796
00:38:21,120 --> 00:38:21,680
Speaker 2: was this going?

797
00:38:22,080 --> 00:38:25,479
Speaker 4: No, I don't have anything to do, Like it could

798
00:38:25,480 --> 00:38:26,240
Speaker 4: be a beauty salon.

799
00:38:26,320 --> 00:38:28,480
Speaker 3: I'm not sure who's going to run this, but it

800
00:38:28,520 --> 00:38:29,800
Speaker 3: could definitely exist.

801
00:38:30,120 --> 00:38:33,080
Speaker 4: Yeah, well, you know, we've got all that space. What

802
00:38:33,120 --> 00:38:35,239
Speaker 4: can I do with it? Or you know, before I

803
00:38:35,280 --> 00:38:39,719
Speaker 4: got married or before I met my my husband, I

804
00:38:39,719 --> 00:38:42,360
Speaker 4: was always renting houses and always had spare rooms and

805
00:38:42,400 --> 00:38:45,120
Speaker 4: would ab and b them even then spare rooms.

806
00:38:45,440 --> 00:38:46,720
Speaker 5: You know, I'd give.

807
00:38:46,600 --> 00:38:50,239
Speaker 4: Up my room with the en suite and like move

808
00:38:50,239 --> 00:38:53,120
Speaker 4: all my stuff out to be able to house somebody

809
00:38:53,120 --> 00:38:55,439
Speaker 4: in there so they could have a you know, a

810
00:38:55,480 --> 00:38:57,040
Speaker 4: better experience and I could.

811
00:38:56,840 --> 00:38:59,239
Speaker 5: Earn like twenty dollars more a night.

812
00:38:59,800 --> 00:39:02,600
Speaker 4: That it just didn't really make sense, but yeah, I've

813
00:39:02,640 --> 00:39:07,080
Speaker 4: definitely still look at those kinds of opportunities and have

814
00:39:07,200 --> 00:39:10,200
Speaker 4: my husband go, I don't want anyone living downstairs. I

815
00:39:10,200 --> 00:39:13,000
Speaker 4: don't want to share my house with anybody, so like, okay,

816
00:39:13,120 --> 00:39:13,760
Speaker 4: all right.

817
00:39:13,680 --> 00:39:18,640
Speaker 3: That's fine, how about if they're upstairs. I feel like

818
00:39:18,680 --> 00:39:20,960
Speaker 3: that makes a little bit of sense. I feel like

819
00:39:21,360 --> 00:39:23,359
Speaker 3: I have learned so much about you in the last

820
00:39:23,400 --> 00:39:26,600
Speaker 3: forty minutes. I am very grateful for your time. But

821
00:39:26,719 --> 00:39:30,160
Speaker 3: oh my gosh, going from your money story being that

822
00:39:30,239 --> 00:39:31,879
Speaker 3: you grew up in the UK and your dad got

823
00:39:31,880 --> 00:39:34,000
Speaker 3: injured and couldn't work, and you know, we talked all

824
00:39:34,040 --> 00:39:37,080
Speaker 3: about it, I feel like your mum has probably taught

825
00:39:37,080 --> 00:39:39,480
Speaker 3: you a lot about work ethic, which I can see

826
00:39:39,520 --> 00:39:43,280
Speaker 3: coming out in your personality, which is beautiful. But holy moly,

827
00:39:43,480 --> 00:39:46,280
Speaker 3: you have done so much. An eighteen thousand dollar wedding,

828
00:39:46,600 --> 00:39:49,239
Speaker 3: You're running an airbnb, you're looking to get another one,

829
00:39:49,360 --> 00:39:51,600
Speaker 3: you already own part of a poppy in the UK,

830
00:39:52,200 --> 00:39:55,840
Speaker 3: You're investing, you have raised like I just I'm so

831
00:39:56,200 --> 00:39:58,719
Speaker 3: impressed the fact that you run a business and now

832
00:39:58,719 --> 00:40:00,640
Speaker 3: you're not running a business and you're starting a new

833
00:40:00,680 --> 00:40:04,120
Speaker 3: business like while working full time like this is just

834
00:40:04,719 --> 00:40:07,120
Speaker 3: crazy to me to think that you think you're still

835
00:40:07,160 --> 00:40:09,520
Speaker 3: a B. But I want to know do you think

836
00:40:09,560 --> 00:40:12,720
Speaker 3: that your what would we call it, like your money

837
00:40:12,800 --> 00:40:16,239
Speaker 3: grade of B is applicable, But I also want to

838
00:40:16,280 --> 00:40:18,560
Speaker 3: know what's it take for someone like you to gedu

839
00:40:18,600 --> 00:40:18,879
Speaker 3: an A.

840
00:40:19,040 --> 00:40:21,000
Speaker 4: I definitely still agree that I'm a bee.

841
00:40:21,000 --> 00:40:21,560
Speaker 2: That's fair.

842
00:40:21,719 --> 00:40:24,239
Speaker 4: There's still a lot that I want to achieve, and

843
00:40:24,280 --> 00:40:27,239
Speaker 4: I think, I guess my biggest money goal is to

844
00:40:28,000 --> 00:40:30,160
Speaker 4: not have to work, and so I'd love to have

845
00:40:30,400 --> 00:40:35,040
Speaker 4: enough properties and investments to not have to work and

846
00:40:35,080 --> 00:40:37,640
Speaker 4: to choose to work because I, you know, because I

847
00:40:37,680 --> 00:40:39,400
Speaker 4: want to contribute to society.

848
00:40:39,000 --> 00:40:40,160
Speaker 5: Or because I love what I do.

849
00:40:40,760 --> 00:40:44,080
Speaker 4: But it would take lots more investments and lots more properties,

850
00:40:44,120 --> 00:40:47,040
Speaker 4: I think to get myself to that a. And yeah,

851
00:40:47,080 --> 00:40:48,719
Speaker 4: to be able to have the freedom to go and

852
00:40:48,760 --> 00:40:51,719
Speaker 4: live in Asia if I want to, or you know,

853
00:40:52,040 --> 00:40:54,799
Speaker 4: just move countries or do whatever we want.

854
00:40:55,040 --> 00:40:57,360
Speaker 3: Oh my gosh, I feel like you are well on

855
00:40:57,400 --> 00:41:00,279
Speaker 3: the way, my friend, Like you're doing baby step and

856
00:41:00,320 --> 00:41:03,480
Speaker 3: you have definitely taken a lot of them and absolutely

857
00:41:03,480 --> 00:41:06,560
Speaker 3: gone so far. I'm so excited to share this story

858
00:41:06,560 --> 00:41:10,120
Speaker 3: with our community. Thank you so much, genuinely, like this

859
00:41:10,200 --> 00:41:12,960
Speaker 3: has been a dream to record. But I also know

860
00:41:13,000 --> 00:41:14,440
Speaker 3: that people are going to listen to this and be

861
00:41:14,480 --> 00:41:17,239
Speaker 3: like wow and what next, Like it's just it's such

862
00:41:17,280 --> 00:41:19,239
Speaker 3: a good story. So thank you so much.

863
00:41:19,640 --> 00:41:20,080
Speaker 5: Thank you.

864
00:41:20,200 --> 00:41:22,360
Speaker 4: It's been a pleasure to be on the Show.

865
00:41:29,040 --> 00:41:31,560
Speaker 3: The advice shared on She's on the Money is general

866
00:41:31,640 --> 00:41:35,520
Speaker 3: in nature and does not consider your individual circumstances. She's

867
00:41:35,520 --> 00:41:39,000
Speaker 3: on the Money exists purely for educational purposes and should

868
00:41:39,040 --> 00:41:42,200
Speaker 3: not be relied upon to make an investment or financial decision.

869
00:41:42,600 --> 00:41:45,040
Speaker 3: If you do choose to buy a financial product, read

870
00:41:45,040 --> 00:41:49,160
Speaker 3: the PDS TMD and obtain appropriate financial advice tailored towards

871
00:41:49,239 --> 00:41:52,520
Speaker 3: your needs. Victoria Divine and She's on the Money are

872
00:41:52,560 --> 00:41:57,600
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873
00:41:57,600 --> 00:42:00,600
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874
00:42:00,880 --> 00:42:05,560
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