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Speaker 1: She's on the Money. She's on the Money.

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Speaker 2: Hello, and welcome to She's on the Money, the podcast

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Speaker 2: Millennials who Want Financial Freedom.

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Speaker 3: Today, we're tackling a.

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Speaker 2: Really tough topic. It's a topic that has impacted so

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Speaker 2: many of our listeners in devastating ways, and it's a

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Speaker 2: topic we think it's time to talk about gambling. Over

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Speaker 2: the next forty minutes or so, we're going to talk

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Speaker 2: through the impacts gambling addiction can have on individuals and

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Speaker 2: their loved ones, and we'll touch on why it's such

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Speaker 2: a prevalent issue in Australia today. Plus we're also going

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Speaker 2: to discuss exactly what you can do to help yourself

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Speaker 2: or someone you love recover from problem gambling. My name

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Speaker 2: is Georg King and joining me today is Victoria Divine.

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Speaker 2: Before we get into things, let's hear how gambling has

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Speaker 2: impacted our community.

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Speaker 4: Hi.

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Speaker 5: Gie, I was in a relationship with my ex boyfriend

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Speaker 5: for about two years. He was a full on gambling

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Speaker 5: addicts would have spent over one hundred and fifty thousand

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Speaker 5: dollars on gambling. I didn't find out until about a

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Speaker 5: year into the relationship because he lied to me about

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Speaker 5: everything was hiding everything used to borrow money from me

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Speaker 5: all the time, nothing ever really added up. Also found

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Speaker 5: out through a friend of a friend that he owed

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Speaker 5: his ex girlfriend forty two thousand dollars. We worked together.

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Speaker 6: And worked everything out.

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Speaker 5: Once I found out, I tried to help him and

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Speaker 5: I took charge of all of his finances, had charge

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Speaker 5: of all his bank accounts, and sent him money only

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Speaker 5: when he needed it so he didn't spend anything. We

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Speaker 5: finally saved up for a trip to go overseas together

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Speaker 5: to Bali. We were over there for a couple of weeks,

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Speaker 5: and the last few days that we were there, I

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Speaker 5: just sort of had an epiphany and was thinking, what

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Speaker 5: the hell am I doing? Why am I doing this

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Speaker 5: to myself?

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Speaker 6: And then we broke up a couple days after we

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Speaker 6: got home.

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Speaker 7: Hey, Georgia, So I dated a guy for a year

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Speaker 7: and a half. After a year together, I worked out

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Speaker 7: that he was at least sixty thousand dollars in debt

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Speaker 7: from gambling. He spent most weeks weekends when we went

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Speaker 7: together at the casino, and after finding out the full

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Speaker 7: extent of his debt, he had not got a plan

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Speaker 7: or any drive to get himself out of the situation

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Speaker 7: that I had to make the decision to get out

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Speaker 7: of that relationship as it was something that I couldn't

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Speaker 7: continue with.

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Speaker 6: Hi, she's on the money.

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Speaker 4: I am twenty two years old and would like to

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Speaker 4: share my story on gambling addiction, something that touches my heart.

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Speaker 4: I was only fifteen years old when I became aware

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Speaker 4: of my mother's gambling addiction.

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Speaker 6: She had forged around four hundred.

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Speaker 4: And fifty thousand dollars worth of checks from her workplace

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Speaker 4: to fund her gambling addiction. This resulted in a criminal

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Speaker 4: investigation and imprisonment for nine months. I'm so pleased to

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Speaker 4: hear that you were bringing awareness to this difficult topic

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Speaker 4: and raising.

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Speaker 6: More awareness on gambling addictions.

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Speaker 8: I'm a full time student and I work casually in

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Speaker 8: a pub as a bar and gaming attendant. I had

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Speaker 8: never really experienced gambling addiction firsthand until I started working

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Speaker 8: in the industry. I've never experienced it myself, however, it's

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Speaker 8: something I see every single day, the same people coming

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Speaker 8: in to play the Pokey's at eleven am and not

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Speaker 8: leaving until five pm or later, some even going around

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Speaker 8: playing the leftover money on other people's machines just in

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Speaker 8: case it goes off. I've seen people win sums from

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Speaker 8: one thousand dollars to thirty thousand dollars and some who

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Speaker 8: put the whole amount back through machines. We wear pages

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Speaker 8: so they don't have to get up from the machine

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Speaker 8: for a drink, so they keep putting their money through.

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Speaker 8: All soft drinks, coffees and teas are free, and we

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Speaker 8: provide bar snacks free of charge to gaming patrons. I

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Speaker 8: love the social aspect of my job, but it's so

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Speaker 8: sad to see people throwing away their hard earned money

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Speaker 8: or ask them to borrow from other patrons to feed

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Speaker 8: their addictions.

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Speaker 9: My brother has always been fantastic with his money, managed

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Speaker 9: to save about ten thousand dollars before he turned eighteen.

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Speaker 9: As soon as he did turn eighteen and discovered betting,

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Speaker 9: it was a number of days before he lost all

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Speaker 9: of that money. Almost four years on. I have full

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Speaker 9: control over his bank accounts and I have to drip

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Speaker 9: feed him money for rent, bills and groceries because he

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Speaker 9: cannot have any money in his account without gambling it away.

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Speaker 6: He begs for help.

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Speaker 9: He's in counseling. He has banned himself from everything that

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Speaker 9: he can, but unfortunately his impulsivity is what gets him.

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Speaker 9: He could have full control one second and be two

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Speaker 9: thousand dollars down the next second. I've been there every

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Speaker 9: step of the way, and it is the most distressing,

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Speaker 9: gut wrenching thing that I've ever had to go through.

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Speaker 6: Georgia. That is a lot. But I think the thing

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Speaker 6: that I'm really grateful for out of those five different

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Speaker 6: experiences that we were really lucky to have shared with us,

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Speaker 6: because those are really deep personal stories.

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Speaker 3: Is that they were all so diverse. Yeah, exactly.

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Speaker 6: I think going into this, you pulled these together. So

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Speaker 6: I'm really grateful for that. I had nothing to do

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Speaker 6: with that part of the podcast this week, and you've

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Speaker 6: pulled this together. But for me as a financial advisor,

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Speaker 6: I've heard similar stories to that historically. The thing that

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Speaker 6: I just learned is that you get by snacks and

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Speaker 6: drinks and coffee and tea to stay gambling.

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Speaker 3: Unbelievable. I did not know that either.

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Speaker 6: Naive, but yeah, I potentially am really naive when it

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Speaker 6: comes to stuff like that. Like I know when it

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Speaker 6: comes to gambling addiction, the psychological back end of that,

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Speaker 6: and I guess you know addictive personalities and that it's

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Speaker 6: actually beyond their control a lot of the time, and

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Speaker 6: people just say, well, just stop. It's not as easy

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Speaker 6: as that or nearly as simple. And I've heard so

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Speaker 6: many stories from our community over the last two three

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Speaker 6: years now of people saying, Yep, my partner was a gambler,

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Speaker 6: my dad was gambling, or my mum was gambling, and

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Speaker 6: it breaks my heart every time. But I think that

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Speaker 6: piece that I just learned, Oh, that that really upsets me.

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Speaker 6: I can't believe that's legal Georgia.

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Speaker 2: And yeah, it feels pretty unethical and immoral, but I

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Speaker 2: guess their business is at the end of the day,

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Speaker 2: and their patrons in that business. I think what shocked

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Speaker 2: me as well as that ve was how much money

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Speaker 2: these people were spending. There was the girl whose partner

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Speaker 2: spent one hundred and fifty k. He was one hundred

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Speaker 2: and fifty k in debt from gambling.

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Speaker 3: That's insane.

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Speaker 2: The lady whose mother forged four hundred and fifty k

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Speaker 2: worth of checks to cover up per gambling. Like, oh

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Speaker 2: my god, these are huge numbers that we're hearing.

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Speaker 6: Yeah, we're not just talking. Oh my boyfriend has the

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Speaker 6: sports bet app and it really annoys me that he

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Speaker 6: does that at night instead of watching tiktoks with me, Like,

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Speaker 6: I know that that is so trivial, but I know

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Speaker 6: that listening to this episode, a couple of people are

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Speaker 6: probably going to be like, oh my gosh, are they

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Speaker 6: going to tell me that the sports but app is

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Speaker 6: the worst thing ever to have? And no, we're not,

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Speaker 6: but we are going to say that it is a

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Speaker 6: really slippery slope and if you are predisposed or have

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Speaker 6: an addictive personality, this is something that you can put

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Speaker 6: yourself in the position of accidentally. And I guarantee you

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Speaker 6: nobody's signed up for those things. Nob he signed up

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Speaker 6: to be one hundred and fifty thousand dollars in debt.

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Speaker 6: But listening to those stories, it is rampant in our community.

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Speaker 2: Absolutely, and we saw on the thread all of those

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Speaker 2: voice notes came from community members and that they came

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Speaker 2: from a thread in our community, and there were so

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Speaker 2: many devastating stories. So yeah, this is going to be

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Speaker 2: quite a hard topic today, I think.

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Speaker 6: And a bit of a trigger warning here is, well,

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Speaker 6: it's probably not the episode do you want to listen

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Speaker 6: to if you've been through this, or it's something that's

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Speaker 6: really going to trigger you. I mean, This is going

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Speaker 6: to be really fact based and we're going to discuss it.

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Speaker 6: But again, if this is a topic that's going to

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Speaker 6: really upset you, maybe give it a skip. We've got

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Speaker 6: two other episodes this week that you could tune into

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Speaker 6: that I'm sure are going to be lighter in content. Absolutely,

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Speaker 6: but Georgia, do you reckon we should get into it?

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Speaker 3: Absolutely?

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Speaker 2: Be all right? So I want to start by talking

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Speaker 2: about the most recent stats that came from the Australian

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Speaker 2: Gaming Council. So they revealed that in twenty seventeen to

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Speaker 2: twenty eighteen, Australian's lost twenty four billion dollars on gambling.

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Speaker 2: Twenty four billion.

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Speaker 6: That is a lot of money. And Georgia, we're talking

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Speaker 6: about this before because I was like, George, how do

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Speaker 6: we can textualize that number? Anybody? One billion dollars sounds

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Speaker 6: like a lot of money, but twenty four billion dollars,

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Speaker 6: To just give you a little bit of a comparison,

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Speaker 6: the fast food and takeaway services industry in Australia is

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Speaker 6: worth twenty one billion dollars. So we are spending three

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Speaker 6: billion dollars more on gambling than we are macs Chippy's

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Speaker 6: George which.

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Speaker 2: Is really bloody. Is surprising, don't you think?

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Speaker 6: Yeah, And that's why I wanted to contextualize it a

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Speaker 6: little bit and go, hey, he's a comparison. I mean,

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Speaker 6: fast food is something that I think we can all

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Speaker 6: relate to and say, Okay, well, I'm pretty guilty of

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Speaker 6: a late night mac is run, and I know that

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Speaker 6: a lot of people are. But when it comes to gambling,

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Speaker 6: this can often be secret. It can be something that

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Speaker 6: we don't talk about. And as somebody who might not

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Speaker 6: have ever been negatively impacted by gambling, you might just

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Speaker 6: go it's not as big a problem as you think

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Speaker 6: it is, when in reality, it's a massive problem. And

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Speaker 6: that's a lot of money, and there are a lot

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Speaker 6: of people that I would argue deserve a lot more

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Speaker 6: support than they're currently being given by our government.

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Speaker 2: Exactly right. And we will talk about the government's involvement

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Speaker 2: in all of this a little later on in.

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Speaker 6: The show Spicy, So stick around, Spicee.

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Speaker 2: My first question for you, though, is what is it

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Speaker 2: about gambling that makes it so attractive? Why do people gamble?

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Speaker 2: For lots of reasons? Gee, and they're not all necessarily negative.

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Speaker 6: I mean, we've started off on a pretty negative foot

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Speaker 6: but we really want you guys to see the gravity

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Speaker 6: of this situation. But according to Gambler's help, there are

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Speaker 6: four main reasons people gamble, and these are firstly for

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Speaker 6: social reasons. I mean, everybody has seen the Melbourne Cup

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Speaker 6: on TV and we all have been, at some point

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Speaker 6: in our lives or another drawn a number out of

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Speaker 6: a hat. The second is for financial reasons, so you

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Speaker 6: might be doing it to win money and to get

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Speaker 6: on top of your finances, even though it usually makes

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Speaker 6: things worse. The third is for entertainment purposes, because some

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Speaker 6: people really like the feeling of the high when they

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Speaker 6: win and they're chasing that high. And the fourth is

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Speaker 6: for coping reasons. It might be so someone forgets their

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Speaker 6: worries or they feel a little bit more self confident,

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Speaker 6: or because it helps when they're feeling nervous or depressed.

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Speaker 6: They might be using it as a tool to lower

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Speaker 6: their anxiety. So Georgia, it's become such a normalized part

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Speaker 6: of Australian culture nowadays we see these ads consistently for

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Speaker 6: betting companies that we're not going to name here. There's

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Speaker 6: rise of apps which make it easier than ever to

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Speaker 6: place a punt. And I think this shift to gambling

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Speaker 6: now being so easy to do online means that a

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Speaker 6: really large cohort of young people are pretty drawn to it.

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Speaker 6: And because we can access at twenty four seven, there's

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Speaker 6: no real limitation on it. It's no longer about just

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Speaker 6: heading down to the pokeys. You don't have to be

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Speaker 6: in a specific location. You could be lying in your bed,

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Speaker 6: not able to sleep and you're gambling.

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Speaker 2: Yeah, one hundred percent. So that is obviously super devastating

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Speaker 2: thee but we know for lots of people it's not

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Speaker 2: super devastating. It's a bit of fun, something to do

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Speaker 2: on the weekend, put a punt on the AFL whatever.

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Speaker 2: But what people might be surprised to hear is that

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Speaker 2: in Australia six point eight million of us are actually

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Speaker 2: regular gamblers. You, of course, have a background in psych fee,

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Speaker 2: so I want to know your thoughts on what it

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Speaker 2: is about gambling that's so addictive.

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Speaker 6: So let's break this down a little bit. There are

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Speaker 6: a number of factors that contribute to something being addictive,

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Speaker 6: and the first is a chemical reaction. There's that release

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Speaker 6: of dopamine that makes us feel really good. So what

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Speaker 6: happens is uncertainty is a really large part of gambling.

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Speaker 6: So Dopamine, which is the neurotransmitter that is released by

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Speaker 6: the brain when we're experiencing moments of pleasure like eating

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Speaker 6: something really yummy or that feeling that we're flooded with

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Speaker 6: after a hard run, which I can't relate to but

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Speaker 6: Jul I know you can, is released in situations where

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Speaker 6: the reward is not one hundred percent guaranteed, it's uncertain

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Speaker 6: and studies have shown g that the brain areas which

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Speaker 6: are activated by taking drugs are also lit up when

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Speaker 6: we gamble, and that over years of gambling, it can

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Speaker 6: actually change the way our brains are wired, which is

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Speaker 6: terrifying to maw wow. Their second thing is game design,

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Speaker 6: and this is something that has historically not been as

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Speaker 6: prevalent and not been as big of a factor, but

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Speaker 6: it's now twenty twenty one and we have access to

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Speaker 6: mass amounts of research and technology, and lots of forms

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Speaker 6: of gambling are also designed to be addictive, like they've

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Speaker 6: done this on purpose, Like historically the pokes were like that,

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Speaker 6: but now they're gammifying apps so that you stay on

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Speaker 6: them for longer. And I downloaded a few gambling apps

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Speaker 6: just so I could have a look at them and

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Speaker 6: see what was going on. And the thing that I

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Speaker 6: noticed very quickly, and the thing that I think we

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Speaker 6: can all relate to if we have TikTok, is that

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Speaker 6: the time isn't in the top left hand corner. It

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Speaker 6: is gone. And the reason it is gone is so

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Speaker 6: you don't look at how long you've been spending on

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Speaker 6: that platform. And that, my friends, is my reasoning as

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Speaker 6: to why I spent so long on TikTok. But it

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Speaker 6: is exactly like that. You go down a rabbit hole,

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Speaker 6: but you don't look at the clock and be like, oh,

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Speaker 6: my gosh, it was five, and then all of a

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Speaker 6: sudden it was five forty five and you're like, oh wow,

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Speaker 6: that was really different. Like you're not seeing that number,

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Speaker 6: you're not seeing the time. And I mean, it's not

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Speaker 6: game design, but it's casino design. Casinos do something really similar.

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Speaker 6: They don't have clocks, so you can't keep track of

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Speaker 6: the time, and they don't have windows, so you actually

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Speaker 6: don't know whether it's night or dark, or it's getting

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Speaker 6: late or it's being early. And yeah, there's a lot

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Speaker 6: of things to take into consideration, but Pokey's are a

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Speaker 6: really good example of this. They are light and bright

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Speaker 6: and they're loud. Plus we heard at the start of

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Speaker 6: the episode today from one of our listeners, Gee, the

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Speaker 6: gamblers receive free drinks and snacks and they're totally encouraged

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Speaker 6: to keep punting and stick around. Like that to me

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Speaker 6: sounds crazy. So it's not just game design, it's like

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Speaker 6: people literally there to enable your addiction, which, oh, it

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Speaker 6: makes me feel really icky. The other thing to mention

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Speaker 6: here while I'm talking about this is we also sometimes win,

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Speaker 6: and those wins can be really deceiving, and they can

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Speaker 6: trick us into believing our addiction is worth it or

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Speaker 6: it's under control, when really when we win, it's just

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Speaker 6: causing us to throw more money away because we think

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Speaker 6: it's going to happen again. We're like maybe lucky people.

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Speaker 6: But unfortunately with gambling, the more you gamble, the more

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Speaker 6: that you lose. But you'll often keep on gambling to

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Speaker 6: try and wim back some of those losses and try

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Speaker 6: and get ahead financially because you feel behind, and that

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Speaker 6: can be a supervicious cycle and can absolutely lead to addiction. So, Gee,

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Speaker 6: it is a really sticky area that is designed to stick.

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Speaker 3: I suppose I like that.

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Speaker 2: Well, yeah, it's like it's designed to make you addicted, right, Well,

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Speaker 2: why wouldn't they? So gambling does seem more common in men,

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Speaker 2: at least that's been my experience. Isn't that actually true?

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Speaker 2: And are they more vulnerable to become addicted to gambling

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Speaker 2: as well?

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Speaker 6: Look, statistically, yes, men gamble in greater numbers than females.

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Speaker 6: And a piece of research that we found from twenty

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Speaker 6: fourteen was the Victorian Prevalence Study, which was conducted by

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Speaker 6: the Victorian Responsible Gambling Foundation, and they found that problem

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Speaker 6: gambling was twice as prevalent in men than it was

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Speaker 6: in women, which I don't think any of us are

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Speaker 6: going to be surprised about. These stats are especially strong

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Speaker 6: in the sports betting side of things. So the twenty

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Speaker 6: fifteen Household Income and Labor Dynamics in Australia survey found

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Speaker 6: that sports betters were overwhelmingly male, coming in eighty eight

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Speaker 6: percent aged between eighteen and forty nine, which was seventy

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Speaker 6: nine percent of them, and they also found that seventy

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Speaker 6: percent of those gamblers were working full time. Generally speaking, though,

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Speaker 6: men do watch more sports than women, So I'm not

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Speaker 6: too surprised with those statistics, And anyone who has watched

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Speaker 6: even a quarter of an AFL game knows that betting

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Speaker 6: ads appear at most ad breaks, and usually the ads

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Speaker 6: are also extremely clever. They're really funny. They use characters

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Speaker 6: that we know and love, like Shaquille O'Neil or Mark

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Speaker 6: Wahlberg or Andrew Gays like they are really tapping into

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Speaker 6: what we like and what we know and their high

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Speaker 6: budget ads and they make gambling seem fun and harmless

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Speaker 6: and part of just being an Aussie. So side note,

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Speaker 6: the three biggest sports codes in Australia are the AFL.

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Speaker 6: I'm in Melbourne, so I'm pretty sure that's the only one.

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Speaker 6: The NRL and Cricket Australia are all sponsored by online

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Speaker 6: betting companies. If that's not Oh, it makes me feel

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Speaker 6: icky that they promote such a healthy living kind of

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Speaker 6: mentality and they're like get your kids out, you know,

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Speaker 6: do Mini Rus go and do ozz Kick go, and

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Speaker 6: you know, get your kid into cricket really early. And

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Speaker 6: then they're all sponsored by online betting companies, which makes

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Speaker 6: me feel a little bit icky, but it's also exposing

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Speaker 6: our children to thinking that's normal really early, which I

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Speaker 6: believe is really scary. So given all of that, it's

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Speaker 6: not surprising that when we watch coverage on television of

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Speaker 6: their matches, it's always drowning in gambling at because they

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Speaker 6: were sponsored by them. And to further all of that,

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Speaker 6: a comparative study of men and women gamblers that was

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Speaker 6: conducted by the Victorian Responsible Gambling Foundation that you mentioned

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Speaker 6: before Georgia, they found that and I quote, for most

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Speaker 6: age groups, female gamblers were significantly more likely to engage

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Speaker 6: in scratch ticket play, bingo, phone slash, SMS competitions or raffles,

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Speaker 6: sweeps or other competitions compared to male gamblers. In contrast,

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Speaker 6: male gamblers of most ages were more likely to take

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Speaker 6: part in informal betting table games, horses, harness slash, greyhound

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Speaker 6: racing and betting and sports or events results betting, which

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Speaker 6: I found really interesting, but again not so surprising because

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Speaker 6: you know, gender stereotyping exists.

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Speaker 2: Just back on what you said THEREV about the three

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Speaker 2: major codes all being sponsored by betting companies. As someone

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Speaker 2: who loves sports, I just find.

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Speaker 6: Like, literally we can't convince Georgia to work for She's

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Speaker 6: on the money full time pushing works in sports nine

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Speaker 6: to five, my day to Friday. Like we're not saying

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Speaker 6: you're a little fan, you're a big fan.

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Speaker 3: I'm a big fan. And up the Melbourne.

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Speaker 2: D's who took home the Premiers.

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Speaker 3: Yeah, but I do.

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Speaker 2: I just find it so disheartening and knowing that all

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Speaker 2: of those little eyeballs are watching the TV to watch

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Speaker 2: their heroes up on the big stage, and then in

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Speaker 2: the ad breaks they have to put up with those ads, which,

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Speaker 2: to their credit, are really good ads. They're really fanny.

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Speaker 2: They're written by the smartest minds in the media and

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Speaker 2: advertising industry, and they're just targeting, you know, these young

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Speaker 2: people into getting brainwashed that gambling is okay and a

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Speaker 2: normal part of society when it really shouldn't be. And

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Speaker 2: it's really the part of ossie culture, like having a punt,

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Speaker 2: putting a multi on your AFL games and like, sure

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Speaker 2: it can be harmless, but these numbers are terrifying.

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Speaker 6: Couldn't agree more, Georgia.

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Speaker 2: And if everyone's doing it, then it's like, well one,

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Speaker 2: like all of my mates are doing it, what's the harm?

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Speaker 2: But that's when things can get quite dangerous. I wanted

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Speaker 2: to say, though, v we mustn't forget that there is

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Speaker 2: the little little gamble responsibly little message at the bottom

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Speaker 2: of these ads.

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Speaker 6: That makes it so much better.

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Speaker 2: Actually type yep, it's actually because.

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Speaker 6: They put it on there. It makes me not want

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Speaker 6: to do it and it absolutely means that I gamble.

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Speaker 2: Responsibly choose for the warning.

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Speaker 3: Just on that.

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Speaker 2: Yugov did do a little survey on this, which revealed

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Speaker 2: that seventy percent of people believe that gamble responsibly messaging

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Speaker 2: has no impact on reducing problem gambling.

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Speaker 6: Only seventy Yeah.

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Speaker 2: Nineteen percent believed it had some impact, eight percent didn't know,

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Speaker 2: and three percent believed it was effective.

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Speaker 3: So I thought that was funny. My favorite was the

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Speaker 3: eight percent.

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Speaker 2: Who didn't know, which just like, okay, let's move on here.

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Speaker 2: Do you have any insights into what the impact of

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Speaker 2: COVID was like on the gambling industry and whether it

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Speaker 2: made things better or worse for Australians.

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Speaker 6: I do, and we've done some research in These answers

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Speaker 6: are coming to you from our friends at the Australian

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Speaker 6: Gambling Research Center. Never met them, but from their research

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Speaker 6: they sound like good eggs and they found a number

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Speaker 6: of key findings. So they found that Almost one in

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Speaker 6: three survey participants signed up for a new online betting

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Speaker 6: account during COVID nineteen, and one in twenty started gambling online.

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Speaker 6: I'm assuming that's because there wasn't much else to do

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Speaker 6: while we're all in lockdown, so that kind of makes sense.

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Speaker 6: They also found that even with limited access to venues,

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Speaker 6: overall participants gambled more often during COVID nineteen, and the

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Speaker 6: proportion who gambled four times or more in a week

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Speaker 6: increased from twenty three percent to thirty two percent. That's

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Speaker 6: a pretty significant jump. They also found that horse racing,

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Speaker 6: sports betting, greyhound racing, and lotto were the main products

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Speaker 6: that party been's gambled on before and during COVID nineteen.

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Speaker 6: And another concerning statistic that came out of the survey

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Speaker 6: they did, George, was of all people surveyed, seventy nine

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Speaker 6: percent of participants were classified at being at risk of

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Speaker 6: or already experiencing gambling related harm.

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Speaker 3: Geez, that's a lot of people.

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Speaker 6: That's like nearly eight out of ten people that were

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Speaker 6: significantly impacted because of their gambling. Whether they thought they

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Speaker 6: had an addictional or not, it was harmful, which is

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Speaker 6: really really scary and also during COVID. Again, I've got

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Speaker 6: a lot of stats here, but I want to share

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Speaker 6: them because they are all really powerful young men. So

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Speaker 6: these were people aged between the age of eighteen and

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Speaker 6: thirty four were the sub population most likely to sign

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Speaker 6: up for new online accounts. Kind of makes sense to

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Speaker 6: increase their frequency and monthly spending on gambling from six

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Speaker 6: hundred and eighty seven dollars a month to onosand in

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Speaker 6: seventy five dollars a month, and to be at risk

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Speaker 6: of gambling related harm.

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Speaker 3: That's a so decent amount of money.

439
00:22:08,720 --> 00:22:12,639
Speaker 6: So young men are most at risk of spending the most,

440
00:22:12,800 --> 00:22:16,280
Speaker 6: but are also at the most risk of gambling related harm,

441
00:22:16,320 --> 00:22:19,760
Speaker 6: which is really sad. Like it's not again, I think

442
00:22:19,800 --> 00:22:23,000
Speaker 6: that this is a stereotypical kind of response, but like,

443
00:22:23,080 --> 00:22:25,720
Speaker 6: I'm not surprised it's mostly men. But that's a lot.

444
00:22:25,960 --> 00:22:27,879
Speaker 6: Like that's a lot, and we really need to be

445
00:22:27,920 --> 00:22:31,720
Speaker 6: having this conversation more. And the last stat I'll leave

446
00:22:31,800 --> 00:22:35,840
Speaker 6: you with I found really interesting. Key experts noted that

447
00:22:35,920 --> 00:22:40,480
Speaker 6: the temporary closure of pokeys Venus had immediate benefits for

448
00:22:40,560 --> 00:22:43,920
Speaker 6: some people who gamble, including more money for essential items

449
00:22:43,960 --> 00:22:45,679
Speaker 6: and increased savings.

450
00:22:45,680 --> 00:22:49,240
Speaker 2: Interesting, So would that be because some people's form of

451
00:22:49,280 --> 00:22:51,600
Speaker 2: gambling is strictly the poky Yeah.

452
00:22:51,640 --> 00:22:55,320
Speaker 6: Absolutely, And they said that women were more likely to

453
00:22:55,440 --> 00:22:59,080
Speaker 6: engage with poky's as their preferred form of gambling, which

454
00:22:59,200 --> 00:23:01,960
Speaker 6: kind of makes sense. But at the same time, if

455
00:23:02,000 --> 00:23:05,480
Speaker 6: you are into the pokys, if you can't access the venue,

456
00:23:05,600 --> 00:23:08,720
Speaker 6: well you're not gambling anymore. A lot of them would

457
00:23:08,800 --> 00:23:11,679
Speaker 6: just find something else to do instead of turning to online.

458
00:23:12,119 --> 00:23:15,280
Speaker 6: And I'm taking a wild stab here because this data

459
00:23:15,359 --> 00:23:19,159
Speaker 6: I couldn't find. That would probably be because of their demographic.

460
00:23:19,359 --> 00:23:21,800
Speaker 6: They're now between the ages of eighteen and thirty four

461
00:23:21,840 --> 00:23:23,920
Speaker 6: and going to the pokis every day, because I think

462
00:23:24,080 --> 00:23:26,080
Speaker 6: every eighteen and thirty four year old is going to go.

463
00:23:26,280 --> 00:23:28,159
Speaker 6: What's the point I can do that from my phone.

464
00:23:28,400 --> 00:23:31,159
Speaker 6: It's probably that older demographic who at the end of

465
00:23:31,160 --> 00:23:34,199
Speaker 6: the day actually need more money for essential items and

466
00:23:34,359 --> 00:23:37,880
Speaker 6: need more savings. And that's a really good benefit of

467
00:23:37,920 --> 00:23:40,679
Speaker 6: COVID nineteen on gambling, if we can call it that.

468
00:23:41,000 --> 00:23:42,880
Speaker 3: Yeah, that's a positive way of looking at it.

469
00:23:43,600 --> 00:23:43,639
Speaker 4: VI.

470
00:23:43,880 --> 00:23:46,199
Speaker 2: This is a question that I am very excited to

471
00:23:46,200 --> 00:23:47,719
Speaker 2: ask you, and it's the last one I'll ask you

472
00:23:47,800 --> 00:23:49,199
Speaker 2: until we head to the break.

473
00:23:49,640 --> 00:23:50,880
Speaker 6: Is it because it's spicy?

474
00:23:51,000 --> 00:23:54,080
Speaker 2: It is spicy? Does the spicy question? We hinted that earlier?

475
00:23:54,680 --> 00:23:58,840
Speaker 2: What does the government gain from continuing to allow gambling

476
00:23:58,920 --> 00:24:01,560
Speaker 2: to be promoted as blifically as it currently is.

477
00:24:02,880 --> 00:24:05,719
Speaker 6: She's hitting it with the hard questions right before the break,

478
00:24:06,040 --> 00:24:10,720
Speaker 6: all right, g So, in the twenty seventeen to twenty

479
00:24:10,960 --> 00:24:15,960
Speaker 6: eighteen period, their New South Wales government received two point

480
00:24:16,040 --> 00:24:20,359
Speaker 6: three billion dollars in tax revenue, and our very state

481
00:24:20,400 --> 00:24:23,720
Speaker 6: of Victoria g made one point one billion dollars in

482
00:24:23,800 --> 00:24:25,440
Speaker 6: revenue from gambling.

483
00:24:25,920 --> 00:24:27,000
Speaker 3: So how does that work?

484
00:24:27,400 --> 00:24:29,359
Speaker 2: Is gambling's obviously taxed and.

485
00:24:29,280 --> 00:24:32,159
Speaker 6: They'sosly taxed, and they take it in that way, And

486
00:24:32,240 --> 00:24:35,320
Speaker 6: I would assume that that is why they are not

487
00:24:35,359 --> 00:24:38,040
Speaker 6: doing nearly as much as they could reduce gambling. It's

488
00:24:38,080 --> 00:24:41,280
Speaker 6: a little bit spicy because that is a lot of revenue,

489
00:24:41,480 --> 00:24:43,520
Speaker 6: and it is a lot of money to be making.

490
00:24:43,840 --> 00:24:46,480
Speaker 6: But it also would make sense for them to want

491
00:24:46,520 --> 00:24:49,919
Speaker 6: to protect that revenue, and anything that they do to

492
00:24:50,000 --> 00:24:53,760
Speaker 6: put us in a better position would mean actually foregoing

493
00:24:53,800 --> 00:24:56,320
Speaker 6: that revenue and saying that's not as important to them

494
00:24:56,400 --> 00:24:58,480
Speaker 6: as our mental health, or our physical health, or our

495
00:24:58,520 --> 00:25:01,439
Speaker 6: financial health. So I guess that's from me and my

496
00:25:01,680 --> 00:25:04,720
Speaker 6: view on it. But I cannot see why the government

497
00:25:04,920 --> 00:25:07,240
Speaker 6: they say, oh my gosh, like we absolutely will do this,

498
00:25:07,359 --> 00:25:09,560
Speaker 6: that and the other. But the fact that they're making

499
00:25:09,600 --> 00:25:13,320
Speaker 6: literally billions of dollars from Australians gambling is pretty good

500
00:25:13,359 --> 00:25:15,080
Speaker 6: reason to not do a whole heap about it.

501
00:25:15,359 --> 00:25:16,240
Speaker 3: Yeah.

502
00:25:16,280 --> 00:25:18,720
Speaker 2: Well, in terms of what they could do, I guess

503
00:25:18,720 --> 00:25:22,439
Speaker 2: they could put tighter parameters around advertising, right and like

504
00:25:22,640 --> 00:25:24,920
Speaker 2: choose different time slots or just ban it.

505
00:25:24,880 --> 00:25:27,800
Speaker 6: All together, yeah, and how much and when? And they

506
00:25:27,880 --> 00:25:32,160
Speaker 6: could even do things like stop venues from providing free

507
00:25:32,200 --> 00:25:35,879
Speaker 6: food and drink or even stop venues from selling it

508
00:25:35,960 --> 00:25:38,320
Speaker 6: so people have to leave the venue to go and

509
00:25:38,440 --> 00:25:42,120
Speaker 6: get lunch or get dinner, because I guarantee those things

510
00:25:42,200 --> 00:25:45,120
Speaker 6: are keeping people in venues for longer. So I think

511
00:25:45,160 --> 00:25:47,800
Speaker 6: there's a lot that people could do. They could even

512
00:25:47,840 --> 00:25:49,920
Speaker 6: put caps on how long you're allowed to be there for.

513
00:25:50,359 --> 00:25:53,800
Speaker 6: I mean, nowadays COVID normal, I can go to the

514
00:25:53,800 --> 00:25:57,560
Speaker 6: restaurant for two hours? Is that the same for Pokey's

515
00:25:57,600 --> 00:26:00,480
Speaker 6: Or we're going to start implementing things like that, And

516
00:26:00,640 --> 00:26:03,199
Speaker 6: could they stick in saying that I don't know what

517
00:26:03,320 --> 00:26:05,359
Speaker 6: the rules are for going back to the Pokeys in

518
00:26:05,560 --> 00:26:08,080
Speaker 6: COVID normal. But at the same time it would be

519
00:26:08,119 --> 00:26:10,560
Speaker 6: really smart of them to consider stuff like that. But

520
00:26:11,000 --> 00:26:13,080
Speaker 6: would it be in their best interest as a government.

521
00:26:13,480 --> 00:26:13,960
Speaker 6: Probably not.

522
00:26:14,359 --> 00:26:19,560
Speaker 2: Yeah, so they remember I'm not sure about the years,

523
00:26:19,600 --> 00:26:22,119
Speaker 2: the exact years, but remember like tobacco ads used to

524
00:26:22,200 --> 00:26:26,040
Speaker 2: be on TV all the time. Now they're obviously not advertised.

525
00:26:26,440 --> 00:26:28,879
Speaker 2: Do you think there is a time in the near

526
00:26:28,960 --> 00:26:33,320
Speaker 2: future or the distant future where gambling will not be

527
00:26:33,560 --> 00:26:36,160
Speaker 2: advertised at all anymore? And in fact, they will put

528
00:26:36,320 --> 00:26:38,840
Speaker 2: warnings up against the poking machine, saying there is a

529
00:26:38,880 --> 00:26:41,040
Speaker 2: high risk of addiction here, you could lose all of

530
00:26:41,040 --> 00:26:42,280
Speaker 2: your money, etc. Etc.

531
00:26:42,760 --> 00:26:44,560
Speaker 6: Do so at your own risk. I would love to

532
00:26:44,600 --> 00:26:47,200
Speaker 6: think that that was true, but I still don't believe

533
00:26:47,320 --> 00:26:49,840
Speaker 6: that people take our mental health as serious as our

534
00:26:49,880 --> 00:26:52,720
Speaker 6: physical health. And we don't have a picture of somebody

535
00:26:52,720 --> 00:26:55,760
Speaker 6: who has, you know, a tough, fielled lung that we

536
00:26:55,880 --> 00:26:58,640
Speaker 6: can spam everywhere and be like, this is what happens

537
00:26:58,640 --> 00:27:02,639
Speaker 6: when you gamble, because in reality, the outcome of gambling

538
00:27:02,960 --> 00:27:06,240
Speaker 6: is so significant and it infiltrates not just the person

539
00:27:06,320 --> 00:27:10,360
Speaker 6: but the entire family. It ruins family units, it ruins relationships,

540
00:27:10,359 --> 00:27:13,800
Speaker 6: with kids. It puts you in significant debt. But as

541
00:27:13,800 --> 00:27:17,200
Speaker 6: I've said on this podcast before, debt is invisible, and

542
00:27:17,240 --> 00:27:20,439
Speaker 6: that makes it so easy to just ignore, whether that

543
00:27:20,560 --> 00:27:23,200
Speaker 6: is you getting into it or the government going ook.

544
00:27:23,320 --> 00:27:25,800
Speaker 6: It's a problem, but maybe that's a problem that they

545
00:27:25,880 --> 00:27:28,199
Speaker 6: deal with because we're making our billions of dollars of

546
00:27:28,240 --> 00:27:30,840
Speaker 6: money in revenue. So do we really want to change.

547
00:27:32,200 --> 00:27:35,640
Speaker 2: If anyone does work in government policy and you are

548
00:27:35,680 --> 00:27:38,280
Speaker 2: making strides towards a brighter future.

549
00:27:39,040 --> 00:27:41,840
Speaker 6: Another elogizing for our comments.

550
00:27:43,480 --> 00:27:45,480
Speaker 2: Guys, let's leave it there for now, but we will

551
00:27:45,520 --> 00:27:48,240
Speaker 2: be back after the break to explain how you can

552
00:27:48,280 --> 00:27:51,520
Speaker 2: spot the difference between a gambling problem and a casual punt.

553
00:27:51,840 --> 00:27:54,159
Speaker 2: And we're also going to tell you exactly what you

554
00:27:54,200 --> 00:27:57,000
Speaker 2: can do if you think you are struggling with gambling

555
00:27:57,000 --> 00:27:59,560
Speaker 2: addiction or if someone you love is. Don't go anywhere,

556
00:28:04,880 --> 00:28:08,560
Speaker 2: all right, the straight back into it. Who among us

557
00:28:08,640 --> 00:28:10,520
Speaker 2: is the most at risk of gambling addictions.

558
00:28:10,520 --> 00:28:12,800
Speaker 6: I'm glad we're talking about this because we know that

559
00:28:12,840 --> 00:28:15,920
Speaker 6: for a majority of people, gambling isn't actually an issue,

560
00:28:16,000 --> 00:28:19,120
Speaker 6: but through significant portion of us, it is a massive,

561
00:28:19,320 --> 00:28:23,040
Speaker 6: potentially devastating issue. So let's unpack exactly who might be

562
00:28:23,119 --> 00:28:26,919
Speaker 6: more vulnerable. Unsurprisingly, given our comments earlier in the show,

563
00:28:27,160 --> 00:28:31,560
Speaker 6: men are more often problem gamblers compared to women, but

564
00:28:32,119 --> 00:28:35,919
Speaker 6: also personality traits, people who have issues with impulsiveness and

565
00:28:35,960 --> 00:28:39,280
Speaker 6: people who have low self control are definitely at risk.

566
00:28:39,400 --> 00:28:42,840
Speaker 6: And Georgia, we recorded an episode a couple of weeks

567
00:28:42,840 --> 00:28:48,800
Speaker 6: ago about neurodiversity and people experiencing neurodiversity and what that meant.

568
00:28:49,120 --> 00:28:53,120
Speaker 6: These people are at significantly more risk than I would

569
00:28:53,120 --> 00:28:58,440
Speaker 6: say people not experiencing neurodiversity issues. Also, people with mental

570
00:28:58,440 --> 00:29:02,000
Speaker 6: health disorders are risk as well. So according to the

571
00:29:02,080 --> 00:29:06,960
Speaker 6: Mayo Clinic, compulsive gamblers often have issues with substance abuse,

572
00:29:07,280 --> 00:29:11,080
Speaker 6: or they may live with depression, bipolar or anxiety, and

573
00:29:11,160 --> 00:29:15,360
Speaker 6: people who have ADHD are also at risk g which,

574
00:29:15,440 --> 00:29:18,280
Speaker 6: as I was saying before, is a neurodiversity issue. I

575
00:29:18,360 --> 00:29:20,680
Speaker 6: get a bit frustrated, if I'm being honest, and let

576
00:29:20,680 --> 00:29:23,480
Speaker 6: me go on a tangent here when people say that

577
00:29:23,600 --> 00:29:27,000
Speaker 6: neurodiversity is a mental health disorder, because I don't believe

578
00:29:27,040 --> 00:29:30,040
Speaker 6: those true things to be synonymous. But given our episode

579
00:29:30,080 --> 00:29:33,680
Speaker 6: on ADHD and neurodiversity, I think the key issue here

580
00:29:33,840 --> 00:29:37,560
Speaker 6: is around impulsiveness. So if you're somebody who's a bit compulsive,

581
00:29:37,640 --> 00:29:40,600
Speaker 6: whether that comes to the share market or substance abuse,

582
00:29:40,840 --> 00:29:45,440
Speaker 6: or you're just neurodiverse, you are at significantly more risk

583
00:29:45,840 --> 00:29:47,000
Speaker 6: than the average bear. G.

584
00:29:47,440 --> 00:29:52,160
Speaker 2: Yeah, that definitely makes sense. My next question is how

585
00:29:52,200 --> 00:29:55,040
Speaker 2: do you actually go about sporting an issue and what

586
00:29:55,160 --> 00:29:57,560
Speaker 2: is the difference between having a casual punt with your

587
00:29:57,560 --> 00:30:00,960
Speaker 2: mates on the weekend and having a proper addiction.

588
00:30:01,120 --> 00:30:03,400
Speaker 6: So the first thing is having a deep understanding of

589
00:30:03,440 --> 00:30:07,400
Speaker 6: what's actually going on, and it's really hard. G. As

590
00:30:07,440 --> 00:30:10,959
Speaker 6: we heard before, people hide it, they lie, they forge checks,

591
00:30:11,120 --> 00:30:13,680
Speaker 6: they hide the debt, they borrow money like they aren't

592
00:30:13,720 --> 00:30:17,640
Speaker 6: willing to answer this question. So getting a full understanding

593
00:30:17,680 --> 00:30:20,040
Speaker 6: of the picture and being honest about it is really

594
00:30:20,120 --> 00:30:22,640
Speaker 6: really important. So whether that's you going through it or

595
00:30:22,720 --> 00:30:25,120
Speaker 6: you coaching somebody to be like, hey, ge, I know

596
00:30:25,280 --> 00:30:27,080
Speaker 6: that there might be an issue here. I'm not here

597
00:30:27,120 --> 00:30:29,160
Speaker 6: to judge you. I'm here to help you what's actually

598
00:30:29,160 --> 00:30:31,680
Speaker 6: going on and sitting them down. But there are some

599
00:30:31,920 --> 00:30:34,880
Speaker 6: signs that you're gambling could be getting out of hand,

600
00:30:35,320 --> 00:30:38,880
Speaker 6: So gamblers help say that. Common signs include being kept

601
00:30:38,920 --> 00:30:42,040
Speaker 6: awake at night, thinking about gambling, feeling like you're out

602
00:30:42,040 --> 00:30:45,360
Speaker 6: of control, building up debts that you just can't pay off,

603
00:30:45,760 --> 00:30:49,200
Speaker 6: and betting more than you can afford. They also said

604
00:30:49,280 --> 00:30:51,600
Speaker 6: that feeling like you can't talk to anyone about your

605
00:30:51,600 --> 00:30:55,440
Speaker 6: gambling and hiding evidence of your gambling activity are all

606
00:30:55,480 --> 00:30:58,720
Speaker 6: little kinks that you're gambling could be on the pathway

607
00:30:59,040 --> 00:31:02,320
Speaker 6: to being out of con If you're someone who puts

608
00:31:02,360 --> 00:31:04,600
Speaker 6: the occasional bet down on a sporting match, or guests

609
00:31:04,600 --> 00:31:07,600
Speaker 6: super exciting during the Spring Racing Carnival which is coming up,

610
00:31:07,760 --> 00:31:09,800
Speaker 6: or who throws a few dollars in the pokeys when

611
00:31:09,800 --> 00:31:11,720
Speaker 6: you're out at an RSL with your parents having a

612
00:31:11,760 --> 00:31:17,480
Speaker 6: good steak dinners classic rye RSL. I think that's absolutely fine.

613
00:31:17,640 --> 00:31:20,680
Speaker 6: So long as there are parameters. You might say, Yep,

614
00:31:20,720 --> 00:31:23,000
Speaker 6: I'm going out tonight. My limits fifty bucks and I'm

615
00:31:23,040 --> 00:31:25,240
Speaker 6: going to spend no more than that. To me, that's

616
00:31:25,320 --> 00:31:28,080
Speaker 6: a fine form of entertainment. It is not my job

617
00:31:28,160 --> 00:31:29,880
Speaker 6: to judge you on what you like to get up

618
00:31:29,920 --> 00:31:32,880
Speaker 6: to when you're out, But as I've just said before,

619
00:31:33,000 --> 00:31:35,440
Speaker 6: g can be a really slippery slope. And if you're

620
00:31:35,480 --> 00:31:39,520
Speaker 6: someone that has a really addictive personality like me, or

621
00:31:39,680 --> 00:31:43,959
Speaker 6: who does display impulsive behaviors. Also, like me, it can

622
00:31:44,080 --> 00:31:46,080
Speaker 6: be riskier for you, so you do just need to

623
00:31:46,160 --> 00:31:47,480
Speaker 6: be really careful.

624
00:31:48,160 --> 00:31:53,280
Speaker 2: So if someone was to say gambling aligns with my values,

625
00:31:53,760 --> 00:31:56,600
Speaker 2: I want to put fifty dollars down or like you know,

626
00:31:57,040 --> 00:31:59,040
Speaker 2: fifty dollars from my budget each week, I want to

627
00:31:59,200 --> 00:32:01,480
Speaker 2: allocate to get what are your thoughts on that I.

628
00:32:01,520 --> 00:32:04,600
Speaker 6: Can do that. I absolutely agree with budgeting for things

629
00:32:04,720 --> 00:32:06,720
Speaker 6: that are in line with your values. If that's what

630
00:32:06,800 --> 00:32:08,800
Speaker 6: you want to get up to and that sparks your joy,

631
00:32:09,000 --> 00:32:11,600
Speaker 6: go for it. I spend money on gel now, polish

632
00:32:11,680 --> 00:32:15,040
Speaker 6: and eyelash extensions. Who am I to judge anybody on

633
00:32:15,280 --> 00:32:18,640
Speaker 6: their spending because arguably I'm never going to win anything

634
00:32:18,680 --> 00:32:21,880
Speaker 6: from my eyelash extensions except a few compliments. So at

635
00:32:21,960 --> 00:32:24,320
Speaker 6: the end of the day, I think it's really important

636
00:32:24,360 --> 00:32:26,240
Speaker 6: to just make sure that whatever you are putting in

637
00:32:26,320 --> 00:32:29,480
Speaker 6: your budget is actually reasonable. So just because it's in

638
00:32:29,560 --> 00:32:32,840
Speaker 6: your budget does not mean it's justifiable. It can only

639
00:32:32,960 --> 00:32:35,760
Speaker 6: be free cash flow that you can reasonably afford. And

640
00:32:35,880 --> 00:32:38,560
Speaker 6: if you have three kids at home and you're really

641
00:32:38,640 --> 00:32:42,000
Speaker 6: strapped for cash, maybe I'd really be rethinking whether that

642
00:32:42,120 --> 00:32:44,000
Speaker 6: needs to be in your budget or not or that's

643
00:32:44,040 --> 00:32:48,400
Speaker 6: actually creating more financial constraint at home. But if you

644
00:32:48,560 --> 00:32:50,960
Speaker 6: had a heap of free cash flow and you're like, oh, va,

645
00:32:51,120 --> 00:32:53,840
Speaker 6: I'm investing thousands months and I'm doing this and I'm

646
00:32:53,880 --> 00:32:56,880
Speaker 6: saving and you know, I just on Friday nights go

647
00:32:56,960 --> 00:32:58,680
Speaker 6: out for a drink with my friends and we bet

648
00:32:58,680 --> 00:33:00,960
Speaker 6: about fifty bucks, I'd be like, oh, okay, Like that

649
00:33:01,240 --> 00:33:04,960
Speaker 6: is not a problem. Context is what is important there,

650
00:33:05,000 --> 00:33:07,520
Speaker 6: because if you're saying, hey, they is fifty bucks a

651
00:33:07,600 --> 00:33:09,960
Speaker 6: week and okay, nowt well, I can't comment on that

652
00:33:10,360 --> 00:33:13,680
Speaker 6: purely because I don't know the situation. As I said before,

653
00:33:13,880 --> 00:33:15,760
Speaker 6: if you had three kids at home and you're actually

654
00:33:15,800 --> 00:33:17,640
Speaker 6: finding it really hard to pay the bills and put

655
00:33:17,720 --> 00:33:21,320
Speaker 6: food on the table, that's actually unacceptable. We can't be

656
00:33:21,520 --> 00:33:24,160
Speaker 6: doing those things if you're in that situation. But if

657
00:33:24,160 --> 00:33:26,680
Speaker 6: you're financially free and have a whole heap of free

658
00:33:26,760 --> 00:33:30,040
Speaker 6: cash flow, I'd be like, Okay, go for it, enjoy that,

659
00:33:30,320 --> 00:33:33,040
Speaker 6: do whatever you want. I mean, as a financial advisor,

660
00:33:33,080 --> 00:33:34,680
Speaker 6: i'd be saying, are you sure you want to do that?

661
00:33:34,840 --> 00:33:35,680
Speaker 6: Or do you want to invest it?

662
00:33:35,760 --> 00:33:37,240
Speaker 3: It's a better option. Rah.

663
00:33:37,680 --> 00:33:39,560
Speaker 6: But at the end of the day, your values are

664
00:33:39,600 --> 00:33:42,320
Speaker 6: your values. Just make sure that the context makes sense,

665
00:33:42,680 --> 00:33:44,880
Speaker 6: not oh, they said that fifty bucks is fine, because

666
00:33:44,960 --> 00:33:47,520
Speaker 6: absolutely that is not the case. All right, V let's

667
00:33:47,560 --> 00:33:50,640
Speaker 6: move on to some of the solutions that we've collected today.

668
00:33:51,080 --> 00:33:53,200
Speaker 6: What should we do if we're starting to feel as

669
00:33:53,240 --> 00:33:56,239
Speaker 6: though gambling is starting to have a negative impact on us?

670
00:33:56,440 --> 00:33:58,480
Speaker 6: All right, So there are a few things that you

671
00:33:58,600 --> 00:34:02,240
Speaker 6: can do. First thing I think is lean on distractions.

672
00:34:02,400 --> 00:34:05,240
Speaker 6: So if you're feeling yourself craving wanting to put a

673
00:34:05,320 --> 00:34:07,840
Speaker 6: bet down, or you're really craving a trip down to

674
00:34:07,880 --> 00:34:10,480
Speaker 6: the RSL, go and catch up with a friend. Instead,

675
00:34:10,680 --> 00:34:13,640
Speaker 6: find an activity that you can do that replaces it.

676
00:34:14,160 --> 00:34:16,640
Speaker 6: I would argue that instead of going, oh, just go

677
00:34:16,800 --> 00:34:20,680
Speaker 6: for a walk, find an activity that releases dopamine. So

678
00:34:20,920 --> 00:34:25,560
Speaker 6: you're getting that hit still because innately and chemically that's

679
00:34:25,640 --> 00:34:28,359
Speaker 6: what you're chasing. So if you're going, I really want

680
00:34:28,400 --> 00:34:31,800
Speaker 6: to put a bet down on XYZ this week, maybe

681
00:34:31,880 --> 00:34:34,279
Speaker 6: find a way to get that dopamine hit. If you

682
00:34:34,360 --> 00:34:36,640
Speaker 6: get a dopamine hit from catching up with friends, go

683
00:34:36,760 --> 00:34:38,920
Speaker 6: and do that. If you get a dopamine hit from

684
00:34:39,000 --> 00:34:41,600
Speaker 6: going on a long run like Georgia does, give that

685
00:34:41,760 --> 00:34:45,320
Speaker 6: a crack. But find something that releases the same chemical

686
00:34:45,719 --> 00:34:48,680
Speaker 6: so that you're not missing out on it completely, because

687
00:34:48,800 --> 00:34:51,239
Speaker 6: often when we try and just substitute it out, like

688
00:34:51,520 --> 00:34:54,560
Speaker 6: turning on the TV, it's just pushing off us making

689
00:34:54,640 --> 00:34:57,759
Speaker 6: that decision because we're chasing a chemical high. And I

690
00:34:57,880 --> 00:34:59,800
Speaker 6: know that that's probably not what you expected me to

691
00:34:59,840 --> 00:35:02,200
Speaker 6: say say, but I think it's really important to not

692
00:35:02,400 --> 00:35:05,239
Speaker 6: just swap it out for an activity that distracts you,

693
00:35:05,760 --> 00:35:08,640
Speaker 6: but distract yourself with something that could be a consistent

694
00:35:08,800 --> 00:35:12,719
Speaker 6: distraction that you start leaning on more regularly instead, so

695
00:35:12,840 --> 00:35:15,640
Speaker 6: that hopefully we can swap that behavior out instead of

696
00:35:15,800 --> 00:35:17,920
Speaker 6: just going, oh, I really want to gamble, you might

697
00:35:18,000 --> 00:35:20,400
Speaker 6: go just really feel like going for a run this morning.

698
00:35:20,719 --> 00:35:23,200
Speaker 6: So I think it's really important to think about creating

699
00:35:23,280 --> 00:35:26,759
Speaker 6: new habits and what habits you can replace that behavior with.

700
00:35:27,520 --> 00:35:31,320
Speaker 6: Another resource is gamblers help, and they suggest resisting urges

701
00:35:31,360 --> 00:35:34,640
Speaker 6: by thinking of them in waves. I like this because

702
00:35:34,680 --> 00:35:37,480
Speaker 6: waves come and go and the idea is to just

703
00:35:37,640 --> 00:35:39,920
Speaker 6: ride them out. So if you're really feeling like you

704
00:35:40,040 --> 00:35:42,200
Speaker 6: want to do that, just know you're at the pink

705
00:35:42,280 --> 00:35:44,239
Speaker 6: of the wave and it is going to go down

706
00:35:44,360 --> 00:35:47,360
Speaker 6: at some point, and that mindset can really help you

707
00:35:48,000 --> 00:35:50,960
Speaker 6: also if you fall off the wagon, so to speak,

708
00:35:51,160 --> 00:35:53,080
Speaker 6: or the wave. If we're going to try and stay

709
00:35:53,120 --> 00:35:57,240
Speaker 6: on topic, George, don't be hard on yourself. Instead reflect

710
00:35:57,280 --> 00:35:59,719
Speaker 6: on where you fell down and what you're going to

711
00:35:59,760 --> 00:36:02,200
Speaker 6: do differently next time. And I think that advice can

712
00:36:02,239 --> 00:36:04,840
Speaker 6: go across literally every part of your life, whether that

713
00:36:05,000 --> 00:36:09,200
Speaker 6: is finance, or your career or gambling, like doesn't matter

714
00:36:09,239 --> 00:36:12,040
Speaker 6: if you fall down. The important thing about falling down

715
00:36:12,160 --> 00:36:13,960
Speaker 6: is whether you're going to get up or not. The

716
00:36:14,040 --> 00:36:16,279
Speaker 6: people that are defeated are the ones that stay down

717
00:36:16,400 --> 00:36:18,880
Speaker 6: and keep the habit going. The ones that get up,

718
00:36:18,960 --> 00:36:21,000
Speaker 6: they're the ones with grit, and that's us. That's the

719
00:36:21,080 --> 00:36:23,360
Speaker 6: she'ese on the money community. We're really gritty and we

720
00:36:23,480 --> 00:36:25,440
Speaker 6: get up when we fall down, and we make a

721
00:36:25,520 --> 00:36:28,200
Speaker 6: plan for what we do differently because we don't see

722
00:36:28,280 --> 00:36:30,600
Speaker 6: things as a failure. We see them as a learning

723
00:36:30,800 --> 00:36:33,040
Speaker 6: and we go, you know what, that didn't work, Let's

724
00:36:33,080 --> 00:36:35,520
Speaker 6: give it a crack again. We're not upset with ourselves.

725
00:36:35,640 --> 00:36:39,000
Speaker 6: We just know we need a different strategy. And if

726
00:36:39,080 --> 00:36:42,320
Speaker 6: you're in debt, please don't just continue to gamble in

727
00:36:42,360 --> 00:36:44,040
Speaker 6: the hopes that you're going to win back your losses.

728
00:36:44,360 --> 00:36:46,560
Speaker 6: I'm going to tell you hard and fast right now,

729
00:36:46,880 --> 00:36:48,920
Speaker 6: you never will at the end of the day. With

730
00:36:49,080 --> 00:36:52,520
Speaker 6: the statistics about what you can win and how it works,

731
00:36:52,880 --> 00:36:56,040
Speaker 6: it's not going to happen. You're just chasing more losses

732
00:36:56,120 --> 00:36:58,759
Speaker 6: and putting yourself in more debt. You need to talk

733
00:36:58,840 --> 00:37:01,359
Speaker 6: to Gamblers Help. You can talk to them, they are

734
00:37:01,360 --> 00:37:03,759
Speaker 6: beautiful humans that are going to help you through that.

735
00:37:04,280 --> 00:37:06,520
Speaker 6: Or you can talk to our friends at the National

736
00:37:06,640 --> 00:37:09,120
Speaker 6: Debt Help Line and they will put you in touch

737
00:37:09,239 --> 00:37:12,840
Speaker 6: with a free financial counselor to help you create a

738
00:37:12,920 --> 00:37:16,080
Speaker 6: plan to change your situation. So I think it's one

739
00:37:16,120 --> 00:37:18,360
Speaker 6: of those things. As I said before, it is not

740
00:37:18,520 --> 00:37:20,920
Speaker 6: a reflection of whether you're a good person or a

741
00:37:21,000 --> 00:37:23,560
Speaker 6: bad person. What we want to take away from this

742
00:37:24,080 --> 00:37:26,640
Speaker 6: is we are gritty. We get back up when we

743
00:37:26,760 --> 00:37:29,560
Speaker 6: are pushed down, and if we are experiencing something that

744
00:37:29,800 --> 00:37:32,920
Speaker 6: is making life really hard for us, we have people

745
00:37:32,960 --> 00:37:35,240
Speaker 6: around us. We've got the Shees on the Money community.

746
00:37:35,320 --> 00:37:37,759
Speaker 6: You guys are always more than welcome to message us

747
00:37:37,960 --> 00:37:39,840
Speaker 6: and we will put you in contact with who you

748
00:37:39,960 --> 00:37:42,400
Speaker 6: need to chat to. There's Gamblers Help which is in

749
00:37:42,440 --> 00:37:45,120
Speaker 6: the show notes, and our friends at the National Debt helpline,

750
00:37:45,200 --> 00:37:47,279
Speaker 6: who will also be in the show notes, so you

751
00:37:47,360 --> 00:37:49,480
Speaker 6: are never alone on these journeys. And you know what,

752
00:37:50,080 --> 00:37:52,359
Speaker 6: none of the people that I've just mentioned will ever

753
00:37:52,520 --> 00:37:54,279
Speaker 6: judge you for the decisions that you've made.

754
00:37:55,080 --> 00:37:55,800
Speaker 3: Absolutely not.

755
00:37:56,160 --> 00:37:58,320
Speaker 2: I think as well as be like, open up to

756
00:37:58,600 --> 00:38:01,640
Speaker 2: your loved ones and be honest with them, because I

757
00:38:01,800 --> 00:38:06,960
Speaker 2: imagine carrying around those levels of self loathing potentially, and

758
00:38:07,280 --> 00:38:11,160
Speaker 2: levels of guilt if you're in debt, Like, if we

759
00:38:11,200 --> 00:38:13,040
Speaker 2: can talk to our loved ones about that and just

760
00:38:13,200 --> 00:38:15,759
Speaker 2: get that off our chest, and you know, that could

761
00:38:15,760 --> 00:38:18,759
Speaker 2: almost be the first step into you know, walking this

762
00:38:18,920 --> 00:38:23,080
Speaker 2: new path and finding solutions instead of just bottling it

763
00:38:23,160 --> 00:38:24,919
Speaker 2: all up and trying to face it on your own.

764
00:38:25,040 --> 00:38:27,879
Speaker 2: I think speaking about it and being really honest, open

765
00:38:27,960 --> 00:38:29,760
Speaker 2: and vulnerable will be super helpful.

766
00:38:29,960 --> 00:38:32,600
Speaker 6: Yeah, And it's a very hard situation to be in

767
00:38:32,880 --> 00:38:35,200
Speaker 6: when it is a loved one, because when you're seeing

768
00:38:35,280 --> 00:38:37,600
Speaker 6: somebody else go through it, you've essentially got to wait

769
00:38:37,680 --> 00:38:39,839
Speaker 6: until they're in a position where they're willing to open

770
00:38:40,040 --> 00:38:42,759
Speaker 6: up and accept help. And accepting help for a lot

771
00:38:42,800 --> 00:38:45,640
Speaker 6: of people is really hard. If you're that person that's

772
00:38:45,680 --> 00:38:50,040
Speaker 6: really bad at accepting help, please stop, like, please, just

773
00:38:50,239 --> 00:38:52,719
Speaker 6: accept the help. It is there for you to use,

774
00:38:52,840 --> 00:38:55,040
Speaker 6: and people love you and want to be involved in

775
00:38:55,120 --> 00:38:57,279
Speaker 6: your life and actually want the best for you. And

776
00:38:57,400 --> 00:38:59,640
Speaker 6: I promise the sooner you accept help, the sooner you're

777
00:38:59,680 --> 00:39:01,840
Speaker 6: going to be out of this sticky situation, and the

778
00:39:01,960 --> 00:39:03,879
Speaker 6: sooner we see the light and we're able to live

779
00:39:03,920 --> 00:39:06,719
Speaker 6: the life we deserve to live. So it's also really

780
00:39:06,760 --> 00:39:09,440
Speaker 6: important to note that when we're broaching things like this,

781
00:39:09,680 --> 00:39:11,440
Speaker 6: like George, if I thought you had a bit of

782
00:39:11,480 --> 00:39:14,120
Speaker 6: an issue, would be a really tricky thing to bring up.

783
00:39:14,440 --> 00:39:16,920
Speaker 6: It would be something that was really hard to talk about,

784
00:39:17,120 --> 00:39:19,120
Speaker 6: and you know what, the first thing you might do

785
00:39:19,320 --> 00:39:22,200
Speaker 6: is completely deny it, And that's okay. I think we

786
00:39:22,440 --> 00:39:25,160
Speaker 6: just have to be really non judgmental and soft and

787
00:39:25,320 --> 00:39:28,120
Speaker 6: maybe broach that topic and number of times. The key

788
00:39:28,280 --> 00:39:30,600
Speaker 6: is to talk to them without blame and just go

789
00:39:30,800 --> 00:39:34,680
Speaker 6: really gently. Gamblers help suggest that the chat happens in

790
00:39:34,760 --> 00:39:37,440
Speaker 6: a private and safe space as well, where they're not

791
00:39:37,640 --> 00:39:40,200
Speaker 6: going to feel too vulnerable, and they have a number

792
00:39:40,239 --> 00:39:42,480
Speaker 6: of other suggestions that were really helpful as well, so

793
00:39:42,600 --> 00:39:45,360
Speaker 6: I'll quickly run through them. They said, focus on the

794
00:39:45,440 --> 00:39:49,400
Speaker 6: positives and fixes rather than the problems themselves. So just

795
00:39:49,600 --> 00:39:51,759
Speaker 6: like debt, we don't care where you've come from, we

796
00:39:51,920 --> 00:39:54,840
Speaker 6: care where you are going. Doesn't matter what's happened, what

797
00:39:54,920 --> 00:39:56,880
Speaker 6: are we doing in the future. Let's just draw a

798
00:39:57,000 --> 00:39:59,480
Speaker 6: line in the sand and let's make a positive plan

799
00:39:59,800 --> 00:40:01,279
Speaker 6: for what we're going to get up to. Like, how

800
00:40:01,280 --> 00:40:02,760
Speaker 6: are we going to get out of this debt? George,

801
00:40:02,960 --> 00:40:06,759
Speaker 6: how good will we feel when that happens. They also say,

802
00:40:06,920 --> 00:40:09,600
Speaker 6: get them to talk about what might be good about

803
00:40:09,680 --> 00:40:12,920
Speaker 6: gambling less. So get them to come up with the positives.

804
00:40:12,960 --> 00:40:15,480
Speaker 6: Because if you're like, hey, George, so if you gamble

805
00:40:15,600 --> 00:40:18,600
Speaker 6: less you'll feel better, You'm like, okay. Get them to

806
00:40:18,680 --> 00:40:21,319
Speaker 6: come up with things that are really relevant to their

807
00:40:21,440 --> 00:40:25,480
Speaker 6: personal situations. Let them know that you're only asking and

808
00:40:25,640 --> 00:40:28,520
Speaker 6: talking about this because you care about them. I think

809
00:40:28,640 --> 00:40:32,960
Speaker 6: that's really important. And using words that they use, So

810
00:40:33,160 --> 00:40:36,120
Speaker 6: not going and using the word gambling if that's the case.

811
00:40:36,160 --> 00:40:38,960
Speaker 6: If they don't use that word, maybe they use pokey's,

812
00:40:39,040 --> 00:40:42,120
Speaker 6: maybe they use different words to describe what they do.

813
00:40:42,760 --> 00:40:45,880
Speaker 6: Use that language so that it's relatable and it doesn't

814
00:40:45,960 --> 00:40:49,240
Speaker 6: feel too far from home. The next thing they suggest

815
00:40:49,400 --> 00:40:52,160
Speaker 6: is be vulnerable yourself, which I think is actually one

816
00:40:52,200 --> 00:40:54,239
Speaker 6: of the keys to getting someone to open up. So

817
00:40:54,320 --> 00:40:56,719
Speaker 6: if I wanted to have a really deeper, meaningful conversation

818
00:40:56,880 --> 00:40:58,840
Speaker 6: with you, George, I'm not going to start by asking

819
00:40:58,920 --> 00:41:01,440
Speaker 6: you the deeper meaningful question. I'm going to ask by

820
00:41:01,480 --> 00:41:04,080
Speaker 6: showing you that I am being vulnerable, maybe share and

821
00:41:04,200 --> 00:41:07,560
Speaker 6: experience myself that I struggled with so that then hopefully

822
00:41:07,640 --> 00:41:10,000
Speaker 6: you reciprocate and we can talk about that thing that

823
00:41:10,080 --> 00:41:13,240
Speaker 6: I'm trying to get at. They also said that asking

824
00:41:13,320 --> 00:41:16,360
Speaker 6: the question how bad do things have to get before

825
00:41:16,400 --> 00:41:19,520
Speaker 6: we fix this is a good question. And the last

826
00:41:19,640 --> 00:41:23,800
Speaker 6: thing they recommend is being patient. This process could take weeks,

827
00:41:24,200 --> 00:41:27,800
Speaker 6: all months, or even could take years, but patience is

828
00:41:27,880 --> 00:41:30,880
Speaker 6: the key, and I thought that those points were really helpful.

829
00:41:31,280 --> 00:41:34,040
Speaker 6: They also gave us George three points to avoid. So

830
00:41:34,200 --> 00:41:36,839
Speaker 6: they said, the first thing to avoid is calling them

831
00:41:36,880 --> 00:41:39,719
Speaker 6: the problem. That is going to get everybody off side.

832
00:41:39,800 --> 00:41:42,080
Speaker 6: Let's be honest. The second you call someone a problem,

833
00:41:42,200 --> 00:41:44,520
Speaker 6: they don't want to bar of you. The next is

834
00:41:44,600 --> 00:41:47,200
Speaker 6: avoid blame. So we're not talking about blame. We are

835
00:41:47,360 --> 00:41:50,120
Speaker 6: just talking about solutions. And the third thing that they

836
00:41:50,200 --> 00:41:53,200
Speaker 6: said to avoid was avoid lecturing them or telling them

837
00:41:53,239 --> 00:41:57,040
Speaker 6: what to do. Figure out your solutions. Together and focus

838
00:41:57,160 --> 00:41:57,360
Speaker 6: on that.

839
00:41:58,400 --> 00:42:01,399
Speaker 2: And if that does seem too daunting, guys, we will

840
00:42:01,520 --> 00:42:04,040
Speaker 2: link to Gambler's Help in the show notes of course,

841
00:42:04,200 --> 00:42:06,839
Speaker 2: so you can always point them in that direction as well.

842
00:42:06,960 --> 00:42:07,600
Speaker 2: They're the pros.

843
00:42:07,719 --> 00:42:09,560
Speaker 3: They will yeah, be massive helps.

844
00:42:09,760 --> 00:42:13,000
Speaker 6: Agreed, And I think something to also note about Gambler's

845
00:42:13,080 --> 00:42:15,600
Speaker 6: Help is you can call them if you're not the Gambler,

846
00:42:15,800 --> 00:42:18,239
Speaker 6: so it doesn't have to be you. You could be

847
00:42:18,400 --> 00:42:20,759
Speaker 6: someone who has a brother, a sister, a mother, a father,

848
00:42:20,920 --> 00:42:24,800
Speaker 6: a friend, a family member, anyone going through that situation,

849
00:42:25,239 --> 00:42:27,239
Speaker 6: and they are going to help equit you with the

850
00:42:27,360 --> 00:42:31,200
Speaker 6: tools and resources that you need to help them, because

851
00:42:31,320 --> 00:42:33,800
Speaker 6: not everyone who is going through a situation like this

852
00:42:34,120 --> 00:42:36,600
Speaker 6: is going to pick up the phone themselves. And also

853
00:42:36,800 --> 00:42:39,319
Speaker 6: just quick disclaimer, we're talking about Gambler's Help a lot

854
00:42:39,400 --> 00:42:41,960
Speaker 6: in this episode. Very positively. They are in no way,

855
00:42:41,960 --> 00:42:44,160
Speaker 6: shape or form sponsoring us. They don't even know we're

856
00:42:44,200 --> 00:42:46,399
Speaker 6: doing this episode. We just think that they are good

857
00:42:46,440 --> 00:42:47,960
Speaker 6: Eggs doing good egg things.

858
00:42:48,680 --> 00:42:51,960
Speaker 2: Yeah, and their website is incredible. It's packed full of resources,

859
00:42:52,040 --> 00:42:54,480
Speaker 2: many of which we've used throughout this episode. So check

860
00:42:54,520 --> 00:42:56,200
Speaker 2: it out if you are if you want to learn more,

861
00:42:56,320 --> 00:42:58,800
Speaker 2: if you are concerned about someone in your life or yourself.

862
00:42:59,640 --> 00:43:01,320
Speaker 3: We are, are, of course, about.

863
00:43:01,120 --> 00:43:04,680
Speaker 2: To enter into the season of spring racing, so I

864
00:43:04,719 --> 00:43:06,799
Speaker 2: feel like this episode has actually landed at a really

865
00:43:06,840 --> 00:43:10,520
Speaker 2: good time, which was probably deliberate planning by young Jessica Vici.

866
00:43:10,600 --> 00:43:12,200
Speaker 6: She's a smart she's a genius.

867
00:43:12,400 --> 00:43:13,080
Speaker 3: She's a genius.

868
00:43:13,560 --> 00:43:16,160
Speaker 2: But I think it's appropriate for us to cap off

869
00:43:16,200 --> 00:43:18,760
Speaker 2: today's show with an overview of what the odds actually

870
00:43:18,920 --> 00:43:22,080
Speaker 2: are like when it comes to gambling in Victoria. Again,

871
00:43:22,120 --> 00:43:24,319
Speaker 2: this is according to Gambler's Help, Big shout Out, and I.

872
00:43:24,360 --> 00:43:26,360
Speaker 6: Feel like it's a good place to leave this. This

873
00:43:26,520 --> 00:43:29,360
Speaker 6: has been a really heavy episode and these are a

874
00:43:29,440 --> 00:43:32,920
Speaker 6: few facts that are a little bit bizarre but also

875
00:43:33,640 --> 00:43:36,720
Speaker 6: maybe why we all need to reconsider what we are gambling,

876
00:43:36,760 --> 00:43:39,840
Speaker 6: because these numbers are wild g exactly.

877
00:43:40,040 --> 00:43:42,200
Speaker 2: So I'm going to start us off with the poke machines,

878
00:43:42,640 --> 00:43:46,840
Speaker 2: so to get five black Rhinos on the Black Rhinos machine,

879
00:43:46,840 --> 00:43:47,600
Speaker 2: which apparently is.

880
00:43:47,600 --> 00:43:49,719
Speaker 6: The I didn't even know that there was a Black

881
00:43:49,800 --> 00:43:50,720
Speaker 6: Rhinos machine.

882
00:43:50,800 --> 00:43:53,280
Speaker 3: The more you know, apparently that's a big one. Exactly.

883
00:43:53,640 --> 00:43:56,680
Speaker 2: The odds of winning are one in nine million, seven

884
00:43:56,800 --> 00:43:59,359
Speaker 2: hundred and sixty five, six hundred and twenty five.

885
00:43:59,520 --> 00:44:03,279
Speaker 6: Oh wow, that's a lot pretty poor, all right, I

886
00:44:03,360 --> 00:44:06,120
Speaker 6: can see below you've got a note It says ask

887
00:44:06,400 --> 00:44:11,239
Speaker 6: G about Powerball, G, this is me asking you about Powerball?

888
00:44:11,320 --> 00:44:13,440
Speaker 6: What are our rods if we put our money on that?

889
00:44:14,320 --> 00:44:17,920
Speaker 2: The odds are one in seventy six million, seven hundred

890
00:44:17,960 --> 00:44:20,040
Speaker 2: and sixty seven thousand and six hundred.

891
00:44:20,080 --> 00:44:24,840
Speaker 6: Oh my gosh. And it also says ask G about scratchies. G.

892
00:44:25,360 --> 00:44:28,400
Speaker 2: Mate, you're ruining it by reading sorry this way? Sorry,

893
00:44:28,440 --> 00:44:29,759
Speaker 2: so making me seem late.

894
00:44:29,840 --> 00:44:32,520
Speaker 6: All right, you can't. But also I am as well.

895
00:44:33,239 --> 00:44:35,080
Speaker 6: How often can we win on scratchies?

896
00:44:36,080 --> 00:44:38,560
Speaker 2: One in six hundred dozand times? So you would have

897
00:44:38,680 --> 00:44:41,040
Speaker 2: to buy a lot of scratches.

898
00:44:40,520 --> 00:44:44,360
Speaker 6: Fee to guarantee aware goods. Yeah, that's a lot of scratcheese,

899
00:44:44,360 --> 00:44:47,319
Speaker 6: and oculably, that's more than a house deposit. So I'm

900
00:44:47,360 --> 00:44:49,719
Speaker 6: just going to keep saving. If I'm being honest, you've

901
00:44:49,760 --> 00:44:50,879
Speaker 6: turned me completely off.

902
00:44:51,160 --> 00:44:52,360
Speaker 3: Yeah, yeah, we do.

903
00:44:52,480 --> 00:44:54,680
Speaker 2: Hope you guys have enjoyed this show. It was really

904
00:44:54,840 --> 00:44:57,680
Speaker 2: stat heavy fee. I'm thinking maybe I'll put together a

905
00:44:57,760 --> 00:45:00,319
Speaker 2: little blog post so that these numbers are written down

906
00:45:00,360 --> 00:45:04,600
Speaker 2: instead of just flying around on the podcast. So I'll

907
00:45:04,600 --> 00:45:06,880
Speaker 2: build that this week and then we'll publish it and

908
00:45:07,000 --> 00:45:08,759
Speaker 2: send it out to you guys. All right, Phie, that

909
00:45:09,000 --> 00:45:11,279
Speaker 2: is all we have time for. We will of course

910
00:45:11,400 --> 00:45:13,400
Speaker 2: be linking to Gambler's help in the show notes as

911
00:45:13,440 --> 00:45:16,640
Speaker 2: I've said a thousand times, so if gambling is a

912
00:45:16,719 --> 00:45:19,160
Speaker 2: problem for you or someone you love, please do get

913
00:45:19,200 --> 00:45:21,080
Speaker 2: in touch with their team as they do have so

914
00:45:21,239 --> 00:45:23,040
Speaker 2: many amazing resources for you to use.

915
00:45:23,120 --> 00:45:26,600
Speaker 6: As we said, good eggs doing good things. So as always,

916
00:45:26,880 --> 00:45:28,960
Speaker 6: just before we head off, we'd like to acknowledge and

917
00:45:29,239 --> 00:45:33,320
Speaker 6: pay respect to Australia's Aboriginal and Torres Strait Islander people's.

918
00:45:33,680 --> 00:45:37,120
Speaker 6: They're the traditional custodians of the lands, the waterways and

919
00:45:37,280 --> 00:45:40,800
Speaker 6: the skies all across Australia. We thank you for sharing

920
00:45:40,920 --> 00:45:42,920
Speaker 6: and for caring for the land on which we are

921
00:45:43,040 --> 00:45:46,040
Speaker 6: able to learn. We pay our respects to elders past

922
00:45:46,160 --> 00:45:49,200
Speaker 6: and present, and we share our friendship and our kindness.

923
00:45:49,760 --> 00:45:52,200
Speaker 2: The advice shared on She's on the Money is general

924
00:45:52,239 --> 00:45:55,560
Speaker 2: in nature and does not consider your individual circumstances.

925
00:45:55,960 --> 00:45:56,960
Speaker 3: She's on the Money.

926
00:45:56,840 --> 00:45:59,920
Speaker 2: Exists purely for educational purposes and should not be really

927
00:46:00,040 --> 00:46:02,800
Speaker 2: add upon to make an investment or a financial decision,

928
00:46:03,440 --> 00:46:07,120
Speaker 2: and we promise. Victoria Divine is an authorized representative of

929
00:46:07,160 --> 00:46:11,440
Speaker 2: Australia Pacific Funds Management Proprietary Limited ABN three four one

930
00:46:11,560 --> 00:46:14,200
Speaker 2: three two four six three two five seven AFSL three

931
00:46:14,280 --> 00:46:15,600
Speaker 2: thirty nine one five one.

932
00:46:15,680 --> 00:46:16,800
Speaker 6: See you next week, guys.

933
00:46:17,080 --> 00:46:17,760
Speaker 3: Bye guys,