1 00:00:00,680 --> 00:00:04,920 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr 2 00:00:04,960 --> 00:00:08,680 Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before 3 00:00:08,680 --> 00:00:11,160 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,160 --> 00:00:14,319 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,400 --> 00:00:17,680 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,120 --> 00:00:22,240 Speaker 1: acknowledging the elders, the ancestors and the next generation coming 7 00:00:22,320 --> 00:00:27,000 Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing 8 00:00:27,080 --> 00:00:30,120 Speaker 1: and the storytelling of you to make a difference for 9 00:00:30,240 --> 00:00:32,640 Speaker 1: today and lasting impact for tomorrow. 10 00:00:33,320 --> 00:00:34,120 Speaker 2: Let's get into it. 11 00:00:34,760 --> 00:00:39,000 Speaker 3: She's on the Money, She's on the Money. 12 00:00:57,720 --> 00:01:00,880 Speaker 2: Hello, and welcome to She's on the Money, the podcast 13 00:01:00,920 --> 00:01:04,840 Speaker 2: for millennials who want financial freedom. Welcome back to another 14 00:01:04,840 --> 00:01:06,960 Speaker 2: one of our money diaries where we get to talk 15 00:01:07,000 --> 00:01:09,800 Speaker 2: to one of our incredible Shees on the Money community 16 00:01:09,800 --> 00:01:13,480 Speaker 2: members all about their journey. Let's jump straight into it, though, 17 00:01:13,520 --> 00:01:16,120 Speaker 2: because this week we got a message and it went 18 00:01:16,160 --> 00:01:19,440 Speaker 2: a little bit like this. Eighteen months ago, my partner 19 00:01:19,480 --> 00:01:22,199 Speaker 2: was in an accident and passed away at twenty eight. 20 00:01:22,720 --> 00:01:25,440 Speaker 2: I'd just resigned from my job as a personal injury 21 00:01:25,480 --> 00:01:28,840 Speaker 2: lawyer when he died and on top of my world imploding, 22 00:01:29,000 --> 00:01:32,880 Speaker 2: my financial stress went through the roof. I'd luckily been 23 00:01:32,920 --> 00:01:35,560 Speaker 2: on a good path financially for a few years before 24 00:01:35,600 --> 00:01:39,120 Speaker 2: this happened with my emergency savings and had thirty thousand 25 00:01:39,200 --> 00:01:42,720 Speaker 2: dollars saved. It took eight months for my income protection 26 00:01:42,840 --> 00:01:46,120 Speaker 2: to set in, and I didn't have cover for psychological injury. 27 00:01:46,560 --> 00:01:49,080 Speaker 2: I hope that by sharing my story I might help 28 00:01:49,120 --> 00:01:53,760 Speaker 2: others in need. Money diarists, what, I don't want to 29 00:01:53,800 --> 00:01:56,160 Speaker 2: call it a journey? What a situation? 30 00:01:57,000 --> 00:01:59,960 Speaker 3: Yes, I as you say, zero out of ten? Record? 31 00:02:01,040 --> 00:02:05,880 Speaker 2: No, no, not even zero, like negative ten out of ten? Like, oh, 32 00:02:06,120 --> 00:02:09,600 Speaker 2: I'm so sorry to hear that. Thanks, are you? Are 33 00:02:09,639 --> 00:02:10,400 Speaker 2: you doing okay? 34 00:02:10,440 --> 00:02:11,240 Speaker 1: Now? Oh? 35 00:02:11,320 --> 00:02:14,640 Speaker 3: That's it to be continued even okay? Is that a 36 00:02:14,639 --> 00:02:15,160 Speaker 3: little hard? 37 00:02:15,440 --> 00:02:15,840 Speaker 1: Do you know what? 38 00:02:15,880 --> 00:02:19,000 Speaker 2: There's nothing to say that. That's just real shit. I'm sorry, 39 00:02:19,160 --> 00:02:23,120 Speaker 2: money diarist. But without further ado, let's get into the 40 00:02:23,160 --> 00:02:26,200 Speaker 2: money Diary and we're shaking it up this year. I'm 41 00:02:26,200 --> 00:02:29,160 Speaker 2: going to ask you first, what grade would you give 42 00:02:29,160 --> 00:02:31,320 Speaker 2: your money habits? If I forced you to give yourself 43 00:02:31,320 --> 00:02:33,120 Speaker 2: a grade from A to F. 44 00:02:34,400 --> 00:02:38,960 Speaker 3: We'd probably say a B. Maybe that's generous, But I'm 45 00:02:38,960 --> 00:02:39,600 Speaker 3: going to say. 46 00:02:39,400 --> 00:02:42,520 Speaker 2: A B I don't know. Let's have a chat and 47 00:02:42,560 --> 00:02:44,320 Speaker 2: then we'll come back to that at the end of 48 00:02:44,360 --> 00:02:47,760 Speaker 2: the f So money diarist, talk to me. I want 49 00:02:47,800 --> 00:02:50,200 Speaker 2: to know a little bit about your money story. 50 00:02:50,880 --> 00:02:54,280 Speaker 3: I grew up in a very low income household, and 51 00:02:54,800 --> 00:02:56,680 Speaker 3: on top of that and all the challenges that that 52 00:02:56,960 --> 00:02:59,840 Speaker 3: has for families in that situation, one of my parents 53 00:03:00,000 --> 00:03:04,679 Speaker 3: I had a gambling and money spending a problem, which 54 00:03:04,680 --> 00:03:07,640 Speaker 3: effectively meant that my other parent was really the sole 55 00:03:08,160 --> 00:03:12,520 Speaker 3: income provider and also domestic provider, and that was quite stressful. 56 00:03:13,080 --> 00:03:15,880 Speaker 3: They did their best with their resources to provide like 57 00:03:15,919 --> 00:03:19,040 Speaker 3: what opportunities they could for us, and we're really grateful 58 00:03:19,040 --> 00:03:21,600 Speaker 3: for what they were able to achieve. I actually do 59 00:03:21,680 --> 00:03:25,160 Speaker 3: say that I am quite lucky in that situation. But 60 00:03:25,560 --> 00:03:28,320 Speaker 3: it sort of made money a bit of a non 61 00:03:28,440 --> 00:03:30,600 Speaker 3: topic in our house, Like it wasn't something that was 62 00:03:30,639 --> 00:03:33,240 Speaker 3: discussed because it was only a discussed in the context 63 00:03:33,280 --> 00:03:35,400 Speaker 3: of not having it and not being able to do 64 00:03:35,680 --> 00:03:38,400 Speaker 3: certain things or you know, that other people were doing. 65 00:03:38,880 --> 00:03:43,120 Speaker 3: I think also there was probably a bit of embarrassment 66 00:03:43,320 --> 00:03:46,400 Speaker 3: or stigmatization around it, so it just wasn't something that 67 00:03:46,440 --> 00:03:48,120 Speaker 3: was talked about. And obviously parents obviously don't want to 68 00:03:48,120 --> 00:03:50,160 Speaker 3: talk about that stuff with their kids if they're in 69 00:03:50,400 --> 00:03:54,040 Speaker 3: financial difficulty. Anyway, when I was in school, in high school, 70 00:03:54,040 --> 00:03:55,640 Speaker 3: I got a job, a part time job, just to 71 00:03:55,640 --> 00:03:58,640 Speaker 3: help supplement our household income. But even then there was 72 00:03:58,680 --> 00:04:00,720 Speaker 3: no discussion about what it is actually meant to have 73 00:04:00,760 --> 00:04:04,080 Speaker 3: a job and budget and saving and superannation all those things. 74 00:04:04,600 --> 00:04:08,480 Speaker 3: And school didn't assist with that education at that time 75 00:04:08,520 --> 00:04:11,040 Speaker 3: because I was in an OP class, and OP classes 76 00:04:11,640 --> 00:04:14,600 Speaker 3: they you know, look at all complex maths, whereas the 77 00:04:14,640 --> 00:04:17,640 Speaker 3: non OP classes they actually do deal with you know, 78 00:04:17,720 --> 00:04:21,120 Speaker 3: money and vegeting, budgeting and you know things like that. 79 00:04:21,600 --> 00:04:24,919 Speaker 3: So that was I was a little unhelpful. After school, 80 00:04:24,960 --> 00:04:28,960 Speaker 3: I moved to go to university, I had to sport myself. 81 00:04:29,000 --> 00:04:30,840 Speaker 3: I lived out of home, I had to move, and 82 00:04:30,880 --> 00:04:33,840 Speaker 3: that was really where my money education started because it 83 00:04:33,920 --> 00:04:36,320 Speaker 3: was the experience of having to live through, you know, 84 00:04:36,440 --> 00:04:39,120 Speaker 3: providing for own utilities and and all that sort of stuff. 85 00:04:39,640 --> 00:04:43,000 Speaker 3: I was on centraling whilst working and working part time 86 00:04:43,040 --> 00:04:45,200 Speaker 3: in studying, but clive and often I was really just 87 00:04:45,279 --> 00:04:47,960 Speaker 3: living week to week. If I did have a little 88 00:04:47,960 --> 00:04:50,680 Speaker 3: bit of scrapper money that I could spare, I honestly 89 00:04:50,720 --> 00:04:52,760 Speaker 3: would usually put that into my one of my parents. 90 00:04:52,760 --> 00:04:55,839 Speaker 3: Disole provided parent their bank account because I knew that 91 00:04:55,880 --> 00:04:59,880 Speaker 3: they were still struggling. But yeah, I did struggle week tweek. 92 00:05:00,279 --> 00:05:03,279 Speaker 2: Like that's so wholesome that even though you were struggling, 93 00:05:03,400 --> 00:05:06,080 Speaker 2: you were like, oh, even if I had some dollars free, 94 00:05:06,200 --> 00:05:08,000 Speaker 2: I'm just going to give it to one of my parents. 95 00:05:08,040 --> 00:05:11,039 Speaker 2: Like that's so wholesome and so thoughtful. You must be 96 00:05:11,080 --> 00:05:12,440 Speaker 2: the kindest human ever. 97 00:05:12,680 --> 00:05:14,560 Speaker 3: I don't know about that, but you know, the income 98 00:05:14,800 --> 00:05:17,400 Speaker 3: the income provided parent worked really hard, and this was 99 00:05:17,440 --> 00:05:19,880 Speaker 3: just my way of being able to help, word could. 100 00:05:20,360 --> 00:05:22,560 Speaker 3: I then had a few negative experiences. I made the 101 00:05:22,600 --> 00:05:24,320 Speaker 3: mistake that a lot of UNIE students do, and I 102 00:05:24,360 --> 00:05:26,919 Speaker 3: got a credit card because you know, banks then just 103 00:05:26,960 --> 00:05:29,960 Speaker 3: offer them to you anything can go step on for emergencies. 104 00:05:30,480 --> 00:05:31,920 Speaker 3: But when you're leaving week to week, all of a 105 00:05:31,920 --> 00:05:33,920 Speaker 3: sudden everything becomes an emergency, and all of a sudden 106 00:05:33,960 --> 00:05:37,320 Speaker 3: that credit card gets away from you. And then I 107 00:05:37,360 --> 00:05:39,960 Speaker 3: also took out a loan which I could not afford, 108 00:05:40,440 --> 00:05:45,000 Speaker 3: and it was because of the insistence of the parent 109 00:05:45,040 --> 00:05:48,159 Speaker 3: that had the spending problem. They sort of insisted that 110 00:05:48,240 --> 00:05:50,360 Speaker 3: I get this loan out so that they could do 111 00:05:50,440 --> 00:05:53,719 Speaker 3: something to surprise the other parent and or obviously lots 112 00:05:53,720 --> 00:05:56,120 Speaker 3: of red flags and I said no, but they just 113 00:05:56,160 --> 00:05:58,200 Speaker 3: sort of wore me down, and eventually I was like, 114 00:05:58,400 --> 00:06:00,479 Speaker 3: you know, fine, I'll take out this loan. You know, 115 00:06:00,520 --> 00:06:02,160 Speaker 3: they said they would pay it all back and paid 116 00:06:02,160 --> 00:06:05,719 Speaker 3: back quickly, but that did not happen. And you know, 117 00:06:05,839 --> 00:06:07,240 Speaker 3: as someone who was living week to week, all of 118 00:06:07,240 --> 00:06:09,480 Speaker 3: a sudden, I was paying for a very high interest 119 00:06:09,560 --> 00:06:12,680 Speaker 3: loan for a substantial amount of money. Could not afford it. 120 00:06:13,000 --> 00:06:15,279 Speaker 3: We already had quite a complex relationship and that just 121 00:06:15,360 --> 00:06:18,719 Speaker 3: completely destroyed it. And it took me about twelve months 122 00:06:18,760 --> 00:06:21,160 Speaker 3: before I ended up going to speak to my other parent, 123 00:06:21,320 --> 00:06:24,520 Speaker 3: letting them know what was going on and take possession 124 00:06:24,560 --> 00:06:27,200 Speaker 3: of the thing that my other parent had used my 125 00:06:27,320 --> 00:06:29,400 Speaker 3: money to buy. But I still had to pay up 126 00:06:29,400 --> 00:06:32,799 Speaker 3: that loan. Eventually they were sort of able to assist. Eventually, 127 00:06:32,920 --> 00:06:34,520 Speaker 3: you know, we got rid of that loan, but it 128 00:06:34,680 --> 00:06:36,560 Speaker 3: took years. I spent a lot of money, a lot 129 00:06:36,560 --> 00:06:38,479 Speaker 3: of stress. I had to go get counseling for it 130 00:06:38,480 --> 00:06:42,480 Speaker 3: because I was just in a state so lesson learnt, 131 00:06:42,960 --> 00:06:45,680 Speaker 3: so I didn't have a good run with money after university. 132 00:06:45,880 --> 00:06:48,520 Speaker 3: I got my full time job, and I started on 133 00:06:48,520 --> 00:06:50,560 Speaker 3: a wage of like seventy seven thousand dollars, So straight 134 00:06:50,560 --> 00:06:52,400 Speaker 3: out of UNI, that's a really excellent. 135 00:06:52,400 --> 00:06:55,919 Speaker 2: I was gonna say, going from being on sentilink, coming 136 00:06:55,960 --> 00:06:59,120 Speaker 2: from a lower income household, seventy seven grand, did you 137 00:06:59,160 --> 00:07:00,600 Speaker 2: know what to do with it? Thought? 138 00:07:00,640 --> 00:07:04,800 Speaker 4: I did, And I told myself I was going to 139 00:07:04,880 --> 00:07:08,919 Speaker 4: be smart with that money, you know, I would, you know, 140 00:07:09,040 --> 00:07:11,880 Speaker 4: let myself live in a better circumstance, but be really 141 00:07:11,880 --> 00:07:12,800 Speaker 4: wise with that money. 142 00:07:13,040 --> 00:07:14,840 Speaker 3: But look, it just gets away from you. And a 143 00:07:14,880 --> 00:07:16,760 Speaker 3: couple of years in, as my wage had gone up, 144 00:07:16,760 --> 00:07:19,360 Speaker 3: I sort of reflected back and realized, oh, my gosh, 145 00:07:19,480 --> 00:07:22,400 Speaker 3: I had earned all this money, and you know, I 146 00:07:22,440 --> 00:07:24,080 Speaker 3: actually didn't have much to. 147 00:07:24,160 --> 00:07:26,600 Speaker 2: Show for it. Lifestyle creepy. 148 00:07:26,680 --> 00:07:28,920 Speaker 3: I got your lifestyle creep for sure. And I guess 149 00:07:28,920 --> 00:07:34,040 Speaker 3: because I had this bittersweet, reluctant, messy relationship with money, 150 00:07:34,840 --> 00:07:36,280 Speaker 3: I had thought, well, yes I want to be better, 151 00:07:36,280 --> 00:07:38,120 Speaker 3: and yes I want to educate myself with money. But 152 00:07:38,160 --> 00:07:40,520 Speaker 3: I'd been almost too afraid to do those things at 153 00:07:40,520 --> 00:07:44,480 Speaker 3: that point. So I actually hadn't set myself up very well. 154 00:07:44,720 --> 00:07:47,760 Speaker 3: So I got myself together and fixed all of that, 155 00:07:48,200 --> 00:07:50,080 Speaker 3: and at this point I did have the credit card 156 00:07:50,080 --> 00:07:52,880 Speaker 3: on the loans. That was great. I actually did start saving. 157 00:07:53,000 --> 00:07:54,200 Speaker 3: I was in a really good you know, for a 158 00:07:54,200 --> 00:07:56,080 Speaker 3: few years, and it was actually in a really good position. 159 00:07:56,120 --> 00:07:58,000 Speaker 3: But it does still make me quite sick to look 160 00:07:58,040 --> 00:08:01,440 Speaker 3: back on those first three sort of years and understand, 161 00:08:01,520 --> 00:08:05,400 Speaker 3: like the amount of money in that just vanished. 162 00:08:05,760 --> 00:08:08,400 Speaker 2: No, we're not sick over it. We were learning, We 163 00:08:08,400 --> 00:08:09,800 Speaker 2: were doing the best that we could. 164 00:08:10,120 --> 00:08:12,560 Speaker 3: It was learning, but it's so bad, you know. I 165 00:08:12,560 --> 00:08:15,040 Speaker 3: could have put myself in a much better financial position, 166 00:08:15,080 --> 00:08:18,360 Speaker 3: but I didn't, and I've definitely learned from that mistake. 167 00:08:18,600 --> 00:08:21,480 Speaker 3: I didn't buy things that were you know, I was 168 00:08:21,520 --> 00:08:24,880 Speaker 3: really scared of buying big things that actually have meaning 169 00:08:24,880 --> 00:08:27,160 Speaker 3: and I could maybe resell later. But I was absolutely 170 00:08:27,160 --> 00:08:30,360 Speaker 3: happy to spend on friends and my co workers who 171 00:08:30,400 --> 00:08:32,800 Speaker 3: earned less and buy them coffees and lunches and all 172 00:08:32,840 --> 00:08:35,320 Speaker 3: those things, and all of a sudden the money disappears. 173 00:08:36,040 --> 00:08:38,960 Speaker 3: But yeah, I got my situation together. I was lucky 174 00:08:39,040 --> 00:08:41,160 Speaker 3: enough to meet my partner, and my partner is really 175 00:08:41,200 --> 00:08:44,040 Speaker 3: financially mind and he loves talking about it, which is 176 00:08:44,120 --> 00:08:46,040 Speaker 3: great because it wasn't a thing that I had anyone 177 00:08:46,040 --> 00:08:49,280 Speaker 3: to speak to about before. He loved talking about all 178 00:08:49,320 --> 00:08:52,200 Speaker 3: things money, and so we just had this really lots 179 00:08:52,200 --> 00:08:54,400 Speaker 3: of discussions him. It just well to grow together. 180 00:08:54,679 --> 00:08:57,400 Speaker 2: Did he grow up in a lower income household or 181 00:08:57,440 --> 00:08:58,840 Speaker 2: like what was his money story? 182 00:08:59,000 --> 00:09:01,960 Speaker 3: Like, I wouldn't say that it was a lower income household, 183 00:09:02,000 --> 00:09:04,760 Speaker 3: but he was one of many children, and so you 184 00:09:04,800 --> 00:09:06,559 Speaker 3: know that has a lot of cost associated with. 185 00:09:06,520 --> 00:09:10,080 Speaker 2: Having budgeting comes into playing when you have multiple children. 186 00:09:10,400 --> 00:09:12,240 Speaker 3: And I know his parents did have times when they 187 00:09:12,800 --> 00:09:15,440 Speaker 3: had quite a lot of financial pressures, but generally speaking, 188 00:09:15,480 --> 00:09:17,480 Speaker 3: they were quite ed. Their parents were quite educated how 189 00:09:17,480 --> 00:09:20,680 Speaker 3: about money. His grandfather was quite educated about money, and 190 00:09:20,720 --> 00:09:23,240 Speaker 3: so this sort of filtered down to him, and so 191 00:09:23,280 --> 00:09:25,360 Speaker 3: he was varying with his money. He was very frugal. 192 00:09:25,600 --> 00:09:28,720 Speaker 2: What a catch. Oh my gosh, Yes, she is on 193 00:09:28,760 --> 00:09:29,760 Speaker 2: the money dream boat. 194 00:09:29,880 --> 00:09:31,240 Speaker 3: Yes, yes, definitely. 195 00:09:31,559 --> 00:09:31,880 Speaker 2: Yeah. 196 00:09:31,920 --> 00:09:34,520 Speaker 3: So I was in a Leigan position and we were 197 00:09:34,559 --> 00:09:38,040 Speaker 3: looking at buying a house because we were both earning 198 00:09:38,080 --> 00:09:41,200 Speaker 3: over six figures. We both had decent savings. He also 199 00:09:41,280 --> 00:09:43,360 Speaker 3: had quite a lot of investments that he at that 200 00:09:43,400 --> 00:09:45,280 Speaker 3: time was ready to pull out and you know, just 201 00:09:45,320 --> 00:09:48,920 Speaker 3: pay off a substantial part of the morgo you know, deposit. 202 00:09:48,600 --> 00:09:51,439 Speaker 2: Upfront, and he was twenty eight and he's got investments, 203 00:09:51,480 --> 00:09:54,359 Speaker 2: six week income. He was getting it done. 204 00:09:54,160 --> 00:09:55,959 Speaker 3: And he had his own side hustle business as well, 205 00:09:56,080 --> 00:10:00,400 Speaker 3: so sexy to be absolute king about. And I I 206 00:10:00,480 --> 00:10:03,880 Speaker 3: wanted a career change at that point, so I resigned 207 00:10:03,880 --> 00:10:06,840 Speaker 3: from my job at that time. But I wasn't concerned 208 00:10:06,840 --> 00:10:09,040 Speaker 3: about that because in the work that I do in 209 00:10:09,080 --> 00:10:10,920 Speaker 3: the industry I am, there's a lot of opportunities, So 210 00:10:10,960 --> 00:10:14,360 Speaker 3: I wasn't too concerned about that. However, literally a couple 211 00:10:14,360 --> 00:10:17,679 Speaker 3: of days after I finished it up there, he passed 212 00:10:17,679 --> 00:10:21,400 Speaker 3: away in an accident. So all of a sudden, just 213 00:10:21,480 --> 00:10:22,360 Speaker 3: a world imploded. 214 00:10:22,840 --> 00:10:27,920 Speaker 2: And yeah, that is literally the worst thing in the 215 00:10:28,080 --> 00:10:30,920 Speaker 2: entire world to happen. And I'm so sorry you went 216 00:10:31,080 --> 00:10:35,480 Speaker 2: through that, Like, oh, I cannot begin to imagine. So 217 00:10:35,840 --> 00:10:37,560 Speaker 2: I want to go back to, like, I guess, the 218 00:10:37,600 --> 00:10:40,120 Speaker 2: money side of things. Obviously, you guys had a very 219 00:10:40,120 --> 00:10:44,000 Speaker 2: similar attitude towards money. What were you working towards? So 220 00:10:44,040 --> 00:10:45,600 Speaker 2: you said, I want to buy a house. You know, 221 00:10:45,640 --> 00:10:49,040 Speaker 2: he had some investments. What did the bigger future, I 222 00:10:49,080 --> 00:10:50,680 Speaker 2: guess look like at that point. 223 00:10:51,040 --> 00:10:53,640 Speaker 3: Yeah, so we've been together for quite some years at 224 00:10:53,640 --> 00:10:56,720 Speaker 3: this point, and we were both very financially stable. I 225 00:10:56,720 --> 00:10:58,800 Speaker 3: guess at that point We've been talking about buying Hustle 226 00:10:58,840 --> 00:11:00,600 Speaker 3: quite some time, but we were really at that point 227 00:11:00,640 --> 00:11:03,320 Speaker 3: now where we wanted to make that step where the 228 00:11:03,360 --> 00:11:06,040 Speaker 3: other circumstances in our life didn't need providing for. We 229 00:11:06,040 --> 00:11:08,360 Speaker 3: were just ready to go. So our next step was 230 00:11:08,400 --> 00:11:10,800 Speaker 3: looking at buying house. We were at the time of 231 00:11:10,800 --> 00:11:13,679 Speaker 3: his passing actually in discussions with brokers. We were going 232 00:11:13,679 --> 00:11:16,079 Speaker 3: out to see properties, were talking builders, all that sort 233 00:11:16,120 --> 00:11:18,800 Speaker 3: of stuff. I had actually wanted to be slowed down 234 00:11:18,840 --> 00:11:21,360 Speaker 3: by an extra couple of months. He was really really keen. 235 00:11:21,280 --> 00:11:22,760 Speaker 2: You're a little bit more conservative. 236 00:11:23,040 --> 00:11:25,760 Speaker 3: Yeah, because I've always been really conscious of having an 237 00:11:25,760 --> 00:11:29,679 Speaker 3: emergency fund. That actually he wasn't because he was like, well, 238 00:11:29,679 --> 00:11:32,200 Speaker 3: I've got so much savings that's in effect, you know, 239 00:11:32,640 --> 00:11:35,760 Speaker 3: includes my emergency, but I always have that separate kitty, 240 00:11:36,080 --> 00:11:37,560 Speaker 3: and I sort of had said to him, look, I 241 00:11:37,559 --> 00:11:39,160 Speaker 3: probably just want to wait three months just to make 242 00:11:39,200 --> 00:11:41,200 Speaker 3: sure that that's exactly where I want it so that 243 00:11:41,280 --> 00:11:43,720 Speaker 3: we can get it. So we were probably maybe like 244 00:11:43,720 --> 00:11:47,720 Speaker 3: three months or so away from that, but otherwise, yeah, 245 00:11:47,720 --> 00:11:49,199 Speaker 3: that was sort of a big goal. And then our 246 00:11:49,360 --> 00:11:52,080 Speaker 3: sort of the second goal was just to continue our 247 00:11:52,120 --> 00:11:55,120 Speaker 3: investment journey. So the house that you buy we were 248 00:11:55,120 --> 00:11:57,480 Speaker 3: going to live in, and then we wanted to build 249 00:11:57,520 --> 00:12:00,440 Speaker 3: out sort of stocks and other sorts of things. I'm 250 00:12:00,480 --> 00:12:03,240 Speaker 3: also really big on obviously building supernovation, so I was 251 00:12:03,440 --> 00:12:05,960 Speaker 3: quite keen to continue to builop that as well. 252 00:12:06,400 --> 00:12:08,640 Speaker 2: Yeah, all right, so the next question on my list 253 00:12:08,760 --> 00:12:10,680 Speaker 2: leads really well into the next thing I want to 254 00:12:10,720 --> 00:12:12,959 Speaker 2: talk about about you, and that is what do you 255 00:12:13,000 --> 00:12:15,120 Speaker 2: currently do for work and how much money do you earn? 256 00:12:15,400 --> 00:12:18,840 Speaker 3: So currently, I actually have only just returned to work 257 00:12:18,880 --> 00:12:21,480 Speaker 3: since my partner's passing. As I said, I had just 258 00:12:21,520 --> 00:12:24,280 Speaker 3: finished up a job, so I didn't have someone to 259 00:12:24,400 --> 00:12:26,680 Speaker 3: go back to and ease me back into work, and 260 00:12:26,720 --> 00:12:28,760 Speaker 3: that is a real barrier to returning to work once 261 00:12:28,760 --> 00:12:32,080 Speaker 3: you've lost someone or had a significant event. So I've 262 00:12:32,120 --> 00:12:33,560 Speaker 3: only just started a new job at the beginning of 263 00:12:33,559 --> 00:12:33,960 Speaker 3: this year. 264 00:12:34,080 --> 00:12:35,800 Speaker 2: Congrats, thank you. 265 00:12:36,320 --> 00:12:38,640 Speaker 3: I'm still adjusting to that. It's a new area of 266 00:12:38,720 --> 00:12:42,160 Speaker 3: flaw at a community legal center. It is only part 267 00:12:42,160 --> 00:12:44,679 Speaker 3: time because I'm easing myself into it as part of 268 00:12:44,840 --> 00:12:46,960 Speaker 3: a sort of a grief and brievement process. Your brain 269 00:12:47,080 --> 00:12:49,640 Speaker 3: just shuts down and I have a color neal appreciation 270 00:12:49,800 --> 00:12:52,560 Speaker 3: for mothers who have baby brain, because I never feel 271 00:12:52,559 --> 00:12:55,160 Speaker 3: like it. I can actually relate to that because I 272 00:12:55,200 --> 00:12:57,480 Speaker 3: have grief brain, and it is such a thing and 273 00:12:57,520 --> 00:13:00,199 Speaker 3: it is ongoing. So I'm sort of easing my I've 274 00:13:00,200 --> 00:13:03,480 Speaker 3: back in work. I'm working part time. It's three days 275 00:13:03,480 --> 00:13:06,520 Speaker 3: a week. I'm only about seventeen hundred net a fortnite, 276 00:13:06,520 --> 00:13:10,439 Speaker 3: which is about fifty three thousand gross a year. If 277 00:13:10,480 --> 00:13:12,640 Speaker 3: I was working full time, that would be about just 278 00:13:13,080 --> 00:13:16,120 Speaker 3: almost like it's over eighty eight thousand gross full time 279 00:13:16,160 --> 00:13:18,560 Speaker 3: a year, but I'm obviously doing that in a limited 280 00:13:18,720 --> 00:13:19,760 Speaker 3: capacity at the moment. 281 00:13:20,320 --> 00:13:22,600 Speaker 2: Yeah, how good is it that you found a role 282 00:13:22,920 --> 00:13:25,400 Speaker 2: I guess in a different what would you say, a 283 00:13:25,480 --> 00:13:28,960 Speaker 2: different silo of law, so that you can still practice law, 284 00:13:29,000 --> 00:13:31,079 Speaker 2: but maybe not in the space where you were. 285 00:13:31,440 --> 00:13:33,240 Speaker 3: Yeah, and look, I don't know that going back into 286 00:13:33,240 --> 00:13:35,120 Speaker 3: that space is an option for me now after what 287 00:13:35,200 --> 00:13:37,400 Speaker 3: I've been through. But I had been considering maybe making 288 00:13:37,440 --> 00:13:39,959 Speaker 3: a change anyway, but working at communityleague or centers just 289 00:13:40,000 --> 00:13:41,000 Speaker 3: really fits with my value. 290 00:13:41,040 --> 00:13:43,679 Speaker 2: So I'm very fortunate totally. I told you earlier that 291 00:13:43,720 --> 00:13:46,199 Speaker 2: you're a super kind person, and then you told me, oh, 292 00:13:46,240 --> 00:13:48,360 Speaker 2: and I spent all my money on paying for other 293 00:13:48,360 --> 00:13:51,120 Speaker 2: people's lunches, and now you're telling me you're in community law, 294 00:13:51,160 --> 00:13:53,680 Speaker 2: like you cannot change my mind on this, my friend, 295 00:13:53,880 --> 00:13:56,880 Speaker 2: I guess it fits a little bit. I Oh, my gosh, 296 00:13:57,040 --> 00:14:00,000 Speaker 2: all right, I want to know. So obviously the goalpost 297 00:14:00,240 --> 00:14:04,400 Speaker 2: have changed significantly. And you said before you have grief brain, 298 00:14:04,559 --> 00:14:07,959 Speaker 2: which sounds really frustrating because I'm sure you just want 299 00:14:08,000 --> 00:14:10,360 Speaker 2: to be able to put that aside sometimes and just 300 00:14:10,440 --> 00:14:13,000 Speaker 2: go to work normally and feel like you can just 301 00:14:13,040 --> 00:14:15,800 Speaker 2: get stuff done. But I want to know. Have you 302 00:14:15,920 --> 00:14:19,000 Speaker 2: thought about what your new big money goals are going 303 00:14:19,080 --> 00:14:19,360 Speaker 2: to be? 304 00:14:19,760 --> 00:14:25,600 Speaker 3: I have, but that's really difficult now because everything in 305 00:14:25,640 --> 00:14:28,040 Speaker 3: my life has changed now, so the things that we 306 00:14:28,080 --> 00:14:32,320 Speaker 3: could achieve before just not realistic anymore. But also I've 307 00:14:32,440 --> 00:14:36,400 Speaker 3: changed as a person from this, so on top of 308 00:14:36,440 --> 00:14:39,240 Speaker 3: not having finances to achieve those goals anymore, because my 309 00:14:39,280 --> 00:14:42,360 Speaker 3: finances have significantly diminished over the last year and a half, 310 00:14:43,040 --> 00:14:45,560 Speaker 3: I actually don't really know what my life is going 311 00:14:45,600 --> 00:14:47,880 Speaker 3: to look like moving forward. I'm still working that out. 312 00:14:48,080 --> 00:14:49,760 Speaker 3: I guess my main goal at the moment now that 313 00:14:49,800 --> 00:14:52,760 Speaker 3: I return to work is replenishing my emergency find like 314 00:14:52,800 --> 00:14:56,840 Speaker 3: that is my number one priority. That's always been really 315 00:14:56,880 --> 00:14:58,960 Speaker 3: important to me. So that is definitely something that I 316 00:14:58,960 --> 00:15:03,240 Speaker 3: really want to do. Well, I'm not entirely sure as 317 00:15:03,280 --> 00:15:04,160 Speaker 3: the second step. 318 00:15:04,280 --> 00:15:06,440 Speaker 2: That's okay though, That's why I said, have you thought 319 00:15:06,440 --> 00:15:07,040 Speaker 2: about it not? 320 00:15:07,120 --> 00:15:09,920 Speaker 3: What are Yeah? Maybe just making sure that I can 321 00:15:10,520 --> 00:15:14,000 Speaker 3: after I sort of work myself into this job and 322 00:15:14,200 --> 00:15:16,520 Speaker 3: I feel a bit more comfortable over time. Obviously at 323 00:15:16,560 --> 00:15:18,400 Speaker 3: some point I would like to increase that to full time. 324 00:15:18,640 --> 00:15:20,680 Speaker 3: So that's just a bit more of my longer journey 325 00:15:20,760 --> 00:15:21,960 Speaker 3: in terms of my finances. 326 00:15:22,280 --> 00:15:24,960 Speaker 2: Yeah, it's good to know where you're at at the 327 00:15:25,000 --> 00:15:28,360 Speaker 2: moment because sadly this story is going to be really 328 00:15:28,400 --> 00:15:32,080 Speaker 2: relatable to a portion of our community. I want to 329 00:15:32,080 --> 00:15:35,000 Speaker 2: know a little bit more though about You said before 330 00:15:35,080 --> 00:15:38,600 Speaker 2: your finances diminished, you were a personal injury lawyer, and 331 00:15:39,080 --> 00:15:42,600 Speaker 2: you said that you applied for income protection but you 332 00:15:42,680 --> 00:15:47,240 Speaker 2: weren't covered for psychological injury. Obviously that can be a 333 00:15:47,280 --> 00:15:51,320 Speaker 2: really big one, and in MySpace as an ex financial advisor, 334 00:15:51,360 --> 00:15:54,000 Speaker 2: I'd always talk about IP making sure that we had 335 00:15:54,320 --> 00:15:58,000 Speaker 2: cover for psych How did you find that out? And 336 00:15:58,040 --> 00:16:01,200 Speaker 2: what is your journey around personal insurance seances and the 337 00:16:01,240 --> 00:16:02,360 Speaker 2: necessity for them. 338 00:16:02,720 --> 00:16:05,320 Speaker 3: Yeah, so I'm actually a huge advocate for this, and 339 00:16:05,680 --> 00:16:10,080 Speaker 3: certainly after what has happened. But even before my partner's accident, 340 00:16:10,480 --> 00:16:14,120 Speaker 3: I had thought that I'd had decent ish approach. So 341 00:16:14,240 --> 00:16:16,800 Speaker 3: I made sure it's through my superannuation fund, which is 342 00:16:16,840 --> 00:16:19,720 Speaker 3: not always the best place to get your personal insurances. 343 00:16:20,040 --> 00:16:23,960 Speaker 3: But whilst I wanted to explore external personal insurances, I 344 00:16:24,000 --> 00:16:25,600 Speaker 3: want to make sure that at least in the meantime 345 00:16:25,600 --> 00:16:30,160 Speaker 3: I had sufficient through my superannuation. So I'd increase my 346 00:16:30,400 --> 00:16:34,600 Speaker 3: life insurance policy to reflect my circumstances. I increase my 347 00:16:34,680 --> 00:16:38,680 Speaker 3: total and permanent disability insurance. It's quite a significant amount. 348 00:16:38,840 --> 00:16:42,000 Speaker 3: And then I actually did increase my income protection to 349 00:16:42,080 --> 00:16:45,320 Speaker 3: reflect the wages that I've been earning over the last 350 00:16:45,360 --> 00:16:47,960 Speaker 3: few years. So I did that actually got four months 351 00:16:48,000 --> 00:16:51,360 Speaker 3: before my partner's accident. However, my super fund came back 352 00:16:51,360 --> 00:16:53,400 Speaker 3: to me and said, hey, look, two years elo you 353 00:16:53,560 --> 00:16:57,360 Speaker 3: had work stress, and work stress is actually not a diagnosis. 354 00:16:58,440 --> 00:17:01,680 Speaker 3: I've had work stress brief period of time where. 355 00:17:01,520 --> 00:17:03,440 Speaker 2: Yeah, because I was a personal injury lawyer. 356 00:17:03,560 --> 00:17:05,320 Speaker 3: Yeah, and our team had been going through some changes 357 00:17:05,359 --> 00:17:07,119 Speaker 3: at the time, and so we had a lot on 358 00:17:07,119 --> 00:17:10,280 Speaker 3: our fate. So I'd been to the doctor and had 359 00:17:10,320 --> 00:17:12,760 Speaker 3: like a couple of days off work, et cetera, et cetera. 360 00:17:13,040 --> 00:17:15,040 Speaker 3: It was very minor, it was very short lived. But 361 00:17:15,080 --> 00:17:17,600 Speaker 3: the super fun said, two years ago you had this, 362 00:17:18,080 --> 00:17:22,720 Speaker 3: we want another year of clean psychological health again, keeping 363 00:17:22,720 --> 00:17:26,000 Speaker 3: in mind that's work. Stress is not a diagnosis of depression, 364 00:17:26,119 --> 00:17:28,320 Speaker 3: of PTSD or anything like that. 365 00:17:28,560 --> 00:17:31,080 Speaker 2: No, it's not. It's I was putting my mental health 366 00:17:31,119 --> 00:17:33,640 Speaker 2: first by even taking that step. 367 00:17:33,720 --> 00:17:36,399 Speaker 3: That's right. I didn't think to challenge it at that 368 00:17:36,440 --> 00:17:38,160 Speaker 3: time because I thought, all, everything's. 369 00:17:37,760 --> 00:17:40,760 Speaker 2: Going great whatever. Yeah, nothing's going to happen in the 370 00:17:40,800 --> 00:17:41,679 Speaker 2: next twelve months. 371 00:17:41,840 --> 00:17:44,119 Speaker 3: Nothing's going to happen next twelve months, and you know 372 00:17:44,160 --> 00:17:46,720 Speaker 3: that I'll be right as rain. Of course, a couple 373 00:17:46,760 --> 00:17:49,480 Speaker 3: of months later, my partner passed away in an accident. 374 00:17:49,880 --> 00:17:54,119 Speaker 3: When we applied for the income protection, they said, we 375 00:17:54,200 --> 00:17:57,160 Speaker 3: will pay you your base rate, but we won't pay 376 00:17:57,240 --> 00:18:00,240 Speaker 3: the rate that you've been paying because you have had 377 00:18:00,440 --> 00:18:05,879 Speaker 3: a psychological history. We appealed that because obviously, and the 378 00:18:05,920 --> 00:18:08,919 Speaker 3: death of a partner is significantly different, and you know, 379 00:18:09,040 --> 00:18:13,359 Speaker 3: realistically those protections that the Superannuation Fund and injuries have 380 00:18:13,480 --> 00:18:17,040 Speaker 3: really that you know, shouldn't include exceptional circumstances like this. 381 00:18:17,119 --> 00:18:19,679 Speaker 3: So we did appeal, but it wasn't successful and I 382 00:18:19,720 --> 00:18:21,359 Speaker 3: could have gone to court about it, but it just 383 00:18:21,400 --> 00:18:24,200 Speaker 3: didn't have the energy too. So instead of being paid 384 00:18:24,320 --> 00:18:26,439 Speaker 3: at a rate that was like eighty five percent of 385 00:18:26,480 --> 00:18:30,520 Speaker 3: my income, I was paid at about in my pocket 386 00:18:30,760 --> 00:18:33,600 Speaker 3: twenty two hundred dollars a month. So it's not that 387 00:18:33,760 --> 00:18:36,400 Speaker 3: much more than sent a link, to be honest. And 388 00:18:37,160 --> 00:18:39,280 Speaker 3: you know, if we had bought a house, I would 389 00:18:39,280 --> 00:18:42,680 Speaker 3: have been in very difficult circumstances. So I'm really disappointed 390 00:18:42,680 --> 00:18:45,040 Speaker 3: that we didn't get that opportunity. It's really really sad 391 00:18:45,080 --> 00:18:45,440 Speaker 3: for me. 392 00:18:45,480 --> 00:18:47,720 Speaker 2: But financially it would have been awful. 393 00:18:47,880 --> 00:18:50,119 Speaker 3: That's right. In the eight months before I got the 394 00:18:50,160 --> 00:18:53,280 Speaker 3: income protection arabel, out of my emergency savings, which I'm 395 00:18:53,320 --> 00:18:55,840 Speaker 3: so glad that I have, there's such a necessity. I 396 00:18:55,840 --> 00:18:58,680 Speaker 3: did obviously have to change the way that I spent 397 00:18:58,760 --> 00:19:01,080 Speaker 3: because I had to plan and my money over that time. 398 00:19:01,160 --> 00:19:02,959 Speaker 3: I wasn't sure that I was going to get income protection. 399 00:19:03,560 --> 00:19:06,080 Speaker 3: When I did, they back paid me that amount for 400 00:19:06,160 --> 00:19:07,360 Speaker 3: the eight months, so that was good. 401 00:19:07,480 --> 00:19:09,439 Speaker 2: That's helpful, but still not enough. 402 00:19:09,840 --> 00:19:12,639 Speaker 3: That's still not enough, and income protection, my income protection 403 00:19:12,720 --> 00:19:15,240 Speaker 3: is capped at two years, so I'm more than three 404 00:19:15,320 --> 00:19:18,119 Speaker 3: calls away through that two years. Obviously, other people have 405 00:19:18,160 --> 00:19:21,840 Speaker 3: circumstances where they're, you know, the injury they suffer, they 406 00:19:21,920 --> 00:19:23,800 Speaker 3: might be out of work for longer than two years. 407 00:19:23,840 --> 00:19:27,000 Speaker 3: So you know, I'm lucky that I've just returned to 408 00:19:27,080 --> 00:19:29,600 Speaker 3: work so I'm within my time limit. But yeah, it's 409 00:19:29,920 --> 00:19:30,840 Speaker 3: just not great. 410 00:19:31,160 --> 00:19:34,440 Speaker 2: See, that's what breaks my heart. And as a financial advisor, 411 00:19:34,440 --> 00:19:37,720 Speaker 2: I used to harp on about income protection not being 412 00:19:37,720 --> 00:19:41,080 Speaker 2: good enough through your superannuation fund or obviously the exclusion 413 00:19:41,160 --> 00:19:41,800 Speaker 2: is not great. 414 00:19:41,920 --> 00:19:44,000 Speaker 3: And if I had a motivatal accident or if so, 415 00:19:44,000 --> 00:19:46,080 Speaker 3: if I had a physical injury, I would be paid. 416 00:19:46,080 --> 00:19:48,840 Speaker 3: I'd be getting paid the level that I'm currently paying 417 00:19:48,840 --> 00:19:53,200 Speaker 3: my fees for. But because I am having a psychological injury, 418 00:19:53,480 --> 00:19:56,280 Speaker 3: I don't get that benefit that I've been paying for. 419 00:19:56,359 --> 00:19:58,520 Speaker 3: So that is pretty disappointing. I have to say, I 420 00:19:58,640 --> 00:20:01,640 Speaker 3: was pretty disappointed in my fund and I am considering 421 00:20:01,760 --> 00:20:03,119 Speaker 3: changing funds as a result of that. 422 00:20:03,440 --> 00:20:06,080 Speaker 2: Yeah, I would too, my friend, I absolutely would be, 423 00:20:06,280 --> 00:20:11,960 Speaker 2: especially if they declined to appeal given the circumstances. Can 424 00:20:12,000 --> 00:20:15,399 Speaker 2: we talk a little bit about the income protection or 425 00:20:15,440 --> 00:20:18,280 Speaker 2: the insurances that your partner might have had. Was he 426 00:20:18,400 --> 00:20:21,680 Speaker 2: all sorted in that aspect or what did that look like? 427 00:20:21,760 --> 00:20:24,639 Speaker 2: Because obviously twenty eight is so young. You just don't 428 00:20:24,720 --> 00:20:27,639 Speaker 2: think that anything is going to happen, and you just 429 00:20:27,680 --> 00:20:31,000 Speaker 2: don't prioritize those things most of the time. So what 430 00:20:31,119 --> 00:20:32,000 Speaker 2: did that look like. 431 00:20:32,240 --> 00:20:34,720 Speaker 3: Yes, so we had a lot of discussions about money 432 00:20:34,720 --> 00:20:36,639 Speaker 3: all the time, and one of those things was also, 433 00:20:36,960 --> 00:20:38,400 Speaker 3: we need to get a will, we need to write 434 00:20:38,400 --> 00:20:41,200 Speaker 3: a will. But because we're young and we don't you know, 435 00:20:41,200 --> 00:20:44,720 Speaker 3: we're quite risk adverse in our lives. We don't have 436 00:20:44,760 --> 00:20:47,320 Speaker 3: any health issues, we thought, yeah, we'll get to it. 437 00:20:47,320 --> 00:20:49,399 Speaker 3: It's not a necessity, you know, maybe when we buy 438 00:20:49,440 --> 00:20:51,680 Speaker 3: a house or set all that. So at the time 439 00:20:51,720 --> 00:20:53,320 Speaker 3: he passed, he didn't have a will, which has his 440 00:20:53,400 --> 00:20:57,600 Speaker 3: own complications. His obviously income protexture was a role and 441 00:20:58,040 --> 00:21:01,040 Speaker 3: if he'd survived, his TVD was not it was at 442 00:21:01,040 --> 00:21:03,879 Speaker 3: the base level. If he survived, it would not have 443 00:21:03,920 --> 00:21:10,560 Speaker 3: been enough to support him. His life insurance policy was 444 00:21:10,680 --> 00:21:12,639 Speaker 3: just the standard through his super fund. We actually have 445 00:21:12,680 --> 00:21:16,280 Speaker 3: the same super fun and it was very low. So 446 00:21:16,320 --> 00:21:18,280 Speaker 3: the standard is that it's that default amount. It is 447 00:21:18,320 --> 00:21:20,560 Speaker 3: quite low, you know, it is six figures, but it's 448 00:21:20,560 --> 00:21:21,200 Speaker 3: not a lot. 449 00:21:21,359 --> 00:21:23,679 Speaker 2: It's not a lot in the grand scheme of things. 450 00:21:23,840 --> 00:21:26,080 Speaker 3: That's right. If we had a house, if we'd had children, 451 00:21:26,640 --> 00:21:29,479 Speaker 3: it just would not have been enough. I'm not fortunate 452 00:21:29,560 --> 00:21:32,000 Speaker 3: that we have missed out on those things at all. 453 00:21:32,240 --> 00:21:35,120 Speaker 3: But it really makes me concern for other people who 454 00:21:35,359 --> 00:21:38,479 Speaker 3: have a mortgage, who have children, who haven't got their 455 00:21:38,520 --> 00:21:42,360 Speaker 3: personal insurances at least set up, because it means all 456 00:21:42,400 --> 00:21:44,480 Speaker 3: the world, and it takes that pressure off you. And 457 00:21:44,480 --> 00:21:47,359 Speaker 3: it's that security of knowing that if something happens, you've 458 00:21:47,359 --> 00:21:50,119 Speaker 3: got that to fall back on, and it's appropriate. A 459 00:21:50,160 --> 00:21:52,280 Speaker 3: lot of people have spoken to since my partner's accident 460 00:21:52,359 --> 00:21:55,040 Speaker 3: because I'm now I'm so I feel so strongly about this. 461 00:21:55,160 --> 00:21:57,880 Speaker 3: I talk to everyone I know about this, and more 462 00:21:57,920 --> 00:22:00,440 Speaker 3: often than not, despite the fact that they are mortgages 463 00:22:00,480 --> 00:22:02,679 Speaker 3: and partners and their narrative and they have children and 464 00:22:02,720 --> 00:22:05,000 Speaker 3: sometimes multiple children and dogs and cats and all those things, 465 00:22:05,200 --> 00:22:06,880 Speaker 3: they quite off and say, oh, I don't have a will, 466 00:22:06,920 --> 00:22:08,719 Speaker 3: and actually I don't know if I having come protection. 467 00:22:08,800 --> 00:22:10,600 Speaker 3: I don't know my life insurances, and I don't know 468 00:22:10,640 --> 00:22:13,760 Speaker 3: what my TPD amount or trauma insurance is and I'm 469 00:22:13,800 --> 00:22:17,320 Speaker 3: just it sort of makes my heart flutter and anxiety 470 00:22:17,359 --> 00:22:19,800 Speaker 3: for them because the fact is, you know these things 471 00:22:19,840 --> 00:22:22,960 Speaker 3: can happen to anyone, and you know it happened to us, 472 00:22:23,080 --> 00:22:25,560 Speaker 3: so it really can just happen to anyone. I think 473 00:22:25,600 --> 00:22:27,440 Speaker 3: people don't like to think about. 474 00:22:27,160 --> 00:22:30,080 Speaker 2: It because it feels morbid. It feels gross to think 475 00:22:30,119 --> 00:22:32,840 Speaker 2: about your own reality, right, Like, no one wants to 476 00:22:32,880 --> 00:22:33,399 Speaker 2: talk about it. 477 00:22:33,520 --> 00:22:37,000 Speaker 3: Yeah, but it's so important just to have that coverage. 478 00:22:37,280 --> 00:22:39,679 Speaker 2: Yeah. No, I could not agree with you more in 479 00:22:39,720 --> 00:22:43,520 Speaker 2: this space. Having worked in financial advice for a number 480 00:22:43,520 --> 00:22:46,560 Speaker 2: of years before leaving, the amount of stories and you 481 00:22:46,600 --> 00:22:48,760 Speaker 2: would have been the same in personal injury, like you 482 00:22:48,800 --> 00:22:52,320 Speaker 2: would just see people go through these to refix circumstances. 483 00:22:52,680 --> 00:22:55,960 Speaker 2: No one expects it. Nobody goes out one day expecting 484 00:22:56,000 --> 00:22:58,680 Speaker 2: all the worst is going to happen today. I wish 485 00:22:58,760 --> 00:23:01,000 Speaker 2: I had set my will up. I just think it's 486 00:23:01,000 --> 00:23:03,280 Speaker 2: one of those things that we need to get done 487 00:23:03,400 --> 00:23:06,480 Speaker 2: as a hygiene factor, because you touched on it before 488 00:23:06,480 --> 00:23:08,600 Speaker 2: and you said, oh, that has its own set of issues. 489 00:23:09,040 --> 00:23:11,959 Speaker 2: Not having a will in Australia means you have to 490 00:23:11,960 --> 00:23:15,760 Speaker 2: go through the Supreme Court to access any assets that 491 00:23:15,760 --> 00:23:18,960 Speaker 2: that individual had. It's not oh, it just defaults to 492 00:23:19,000 --> 00:23:21,119 Speaker 2: the partner. That's not the case at all. It is 493 00:23:21,400 --> 00:23:24,560 Speaker 2: a more than twelve month process, and if they then 494 00:23:24,680 --> 00:23:28,040 Speaker 2: have any type of significant assets, it can take even longer. 495 00:23:28,400 --> 00:23:31,480 Speaker 2: So I can't imagine what you have gone through. 496 00:23:31,720 --> 00:23:35,520 Speaker 3: And with managing a stage without a will, it really 497 00:23:35,520 --> 00:23:39,040 Speaker 3: becomes quite burdensome to the people that are left behind, 498 00:23:39,320 --> 00:23:43,159 Speaker 3: who are already going through so much grief and trauma 499 00:23:43,200 --> 00:23:46,800 Speaker 3: and financial difficulty of their own to then have to 500 00:23:46,840 --> 00:23:48,960 Speaker 3: find work out how to manage someone's a state without 501 00:23:49,000 --> 00:23:51,520 Speaker 3: a will. Obviously, without a will, you don't have an executor. 502 00:23:52,000 --> 00:23:55,000 Speaker 3: You have to apply for letters of administration and just 503 00:23:55,000 --> 00:23:56,800 Speaker 3: do all these things, and it's just so much more 504 00:23:56,840 --> 00:24:00,920 Speaker 3: complicated than it needs to be. Yeah, highly recommend everyone 505 00:24:01,000 --> 00:24:01,439 Speaker 3: get one. 506 00:24:01,920 --> 00:24:04,080 Speaker 2: You do not have a will for you, You have 507 00:24:04,160 --> 00:24:07,120 Speaker 2: a will for your friends and your family, Like, it's 508 00:24:07,200 --> 00:24:09,480 Speaker 2: not actually an asset that you go, oh, I'm so 509 00:24:09,560 --> 00:24:11,880 Speaker 2: glad I have my will for me. It's no, I'm 510 00:24:11,920 --> 00:24:14,000 Speaker 2: so glad I have my will for my partner, for 511 00:24:14,119 --> 00:24:16,199 Speaker 2: my friends, for my family that will have to go 512 00:24:16,280 --> 00:24:18,760 Speaker 2: through this situation should the worst happen. 513 00:24:18,880 --> 00:24:21,399 Speaker 3: That's right, and well. Another part of this process is 514 00:24:21,440 --> 00:24:24,680 Speaker 3: that there's something I just got along long as journey. 515 00:24:25,000 --> 00:24:27,320 Speaker 3: Even if you have a will, you superannuation isn't covered 516 00:24:27,359 --> 00:24:30,679 Speaker 3: in your will in most circumstances. And so you know, 517 00:24:30,720 --> 00:24:33,119 Speaker 3: if you have your life insurance through superannuation, or if 518 00:24:33,119 --> 00:24:35,200 Speaker 3: you have significant superanuation that you want to lead to 519 00:24:35,240 --> 00:24:37,520 Speaker 3: your family, it's actually not covered. Even if you do 520 00:24:37,640 --> 00:24:40,439 Speaker 3: have a will, the superannuation fund can it's our dair 521 00:24:40,480 --> 00:24:42,639 Speaker 3: discretion as to who they give it to. Yeah, and 522 00:24:42,680 --> 00:24:46,520 Speaker 3: that isn't it itself another really difficult process. So a 523 00:24:46,520 --> 00:24:48,199 Speaker 3: lot of people aren't aware of that either, and that 524 00:24:48,240 --> 00:24:49,639 Speaker 3: has its own challenges. 525 00:24:50,520 --> 00:24:53,919 Speaker 2: Yeah, and if you nominate somebody who's not actually a 526 00:24:54,040 --> 00:24:57,600 Speaker 2: quote legitimate beneficiary, they can decline it and it will 527 00:24:57,640 --> 00:25:00,680 Speaker 2: have to then go through the state again. So yeah, 528 00:25:00,800 --> 00:25:02,880 Speaker 2: have a chat to an estate planning lawyer if you're 529 00:25:03,160 --> 00:25:06,000 Speaker 2: getting a little bit stressy about this conversation, have a 530 00:25:06,080 --> 00:25:09,119 Speaker 2: chat to a good financial advisor about putting in place 531 00:25:09,240 --> 00:25:13,840 Speaker 2: your wills and a state planning process is because it's essential. 532 00:25:14,040 --> 00:25:15,760 Speaker 3: Yeah. Look, I have to say, you know, when you 533 00:25:15,760 --> 00:25:17,280 Speaker 3: go through that process, I think we've put off because 534 00:25:17,320 --> 00:25:18,520 Speaker 3: we think it's going to really hard. But once you 535 00:25:18,560 --> 00:25:20,800 Speaker 3: sit down and you actually knock it out. You realize 536 00:25:20,840 --> 00:25:22,879 Speaker 3: I've been stressing about that for no reason. You know, 537 00:25:22,960 --> 00:25:24,840 Speaker 3: the right people will help you put all those things 538 00:25:24,840 --> 00:25:27,280 Speaker 3: in face, and it actually brings you so much peace 539 00:25:27,320 --> 00:25:27,680 Speaker 3: of mind. 540 00:25:27,720 --> 00:25:30,399 Speaker 2: And it can actually be quite an empowering process to 541 00:25:30,440 --> 00:25:32,960 Speaker 2: go through with your partner, as well as somebody who 542 00:25:33,000 --> 00:25:35,640 Speaker 2: has done that with their partner. It sounds a little 543 00:25:35,680 --> 00:25:37,840 Speaker 2: bit sappy, but to go. You know, if one day 544 00:25:37,880 --> 00:25:40,800 Speaker 2: we have kids, who's going to look after those kids? 545 00:25:40,800 --> 00:25:43,320 Speaker 2: And we have these wholesome conversations about our friends and 546 00:25:43,359 --> 00:25:46,119 Speaker 2: our families, and I promise it's not the morbid conversation 547 00:25:46,280 --> 00:25:47,399 Speaker 2: you think it's going to be. 548 00:25:47,560 --> 00:25:50,760 Speaker 3: I actually think it really legitimizes us and validates your relationship. 549 00:25:50,920 --> 00:25:51,800 Speaker 3: It's such a great. 550 00:25:51,640 --> 00:25:55,560 Speaker 2: Feeling one hundred percent. I mean ex financial advisor and 551 00:25:55,760 --> 00:25:58,880 Speaker 2: personal injury lawyer here, Like, we're probably not the best 552 00:25:58,880 --> 00:26:01,879 Speaker 2: people to talk to this because we enjoy the process, 553 00:26:01,960 --> 00:26:04,720 Speaker 2: but I just think it's so important. Or at Money 554 00:26:04,720 --> 00:26:06,640 Speaker 2: direst let's go to a really quick break and then 555 00:26:06,720 --> 00:26:09,320 Speaker 2: after that, I want to jump back into investments and 556 00:26:09,400 --> 00:26:12,320 Speaker 2: debts and money habits that you have. So guys don't 557 00:26:12,359 --> 00:26:19,560 Speaker 2: go anywhere, all right, Money Diarist tweet are back and 558 00:26:19,600 --> 00:26:23,240 Speaker 2: we just wrapped a very good chat about personal insurances 559 00:26:23,280 --> 00:26:25,879 Speaker 2: and estate planning that I think if anyone is listening, 560 00:26:25,960 --> 00:26:27,480 Speaker 2: needs to follow up. I'm actually going to put a 561 00:26:27,480 --> 00:26:29,840 Speaker 2: whole heap of links in our show notes today so 562 00:26:29,880 --> 00:26:33,119 Speaker 2: that you guys can put yourselves in the best possible positions. 563 00:26:33,600 --> 00:26:36,520 Speaker 2: But money, darist, I want to know, do you have 564 00:26:36,640 --> 00:26:38,760 Speaker 2: any investments currently? I do? 565 00:26:39,119 --> 00:26:40,719 Speaker 3: And my partner was the reason for this. 566 00:26:41,040 --> 00:26:44,359 Speaker 2: Yeah, I see king behavior. I told you he was 567 00:26:44,359 --> 00:26:45,720 Speaker 2: a she's on the money dream guy. 568 00:26:45,760 --> 00:26:48,280 Speaker 3: He was. I had always wanted to invest, but was 569 00:26:48,320 --> 00:26:50,000 Speaker 3: a little bit afraid and I was worried that I 570 00:26:50,040 --> 00:26:52,399 Speaker 3: wasn't diligent enough in my research when he gave me 571 00:26:52,440 --> 00:26:56,160 Speaker 3: the confidence to do this. So I do. I have 572 00:26:57,080 --> 00:26:59,800 Speaker 3: a little bit of money in cryptocurrency. Obviously it's a 573 00:27:00,160 --> 00:27:02,439 Speaker 3: speculate ave asset. It was actually that that got me 574 00:27:02,560 --> 00:27:06,879 Speaker 3: confident in having a crack at the investing in real stock. 575 00:27:07,119 --> 00:27:09,320 Speaker 2: You were like, well, if I've got crypto, it can't 576 00:27:09,359 --> 00:27:11,160 Speaker 2: get much worse, That's exactly it. 577 00:27:11,359 --> 00:27:13,240 Speaker 3: And I, you know, in order to do that, I 578 00:27:13,280 --> 00:27:16,760 Speaker 3: sort of used a cryptocurrency platform that was similar to rays, 579 00:27:16,800 --> 00:27:18,480 Speaker 3: so it was sort of putting those little pennies in 580 00:27:18,680 --> 00:27:21,080 Speaker 3: and watching it do his thing, and I realized, I'm like, oh, like, 581 00:27:21,119 --> 00:27:23,720 Speaker 3: if I'm doing this, why am I not dealing with 582 00:27:23,760 --> 00:27:27,639 Speaker 3: real money? So I then invested in ETF. So overall 583 00:27:27,840 --> 00:27:32,520 Speaker 3: I have probably about maybe just over twenty seven thousand 584 00:27:32,560 --> 00:27:35,199 Speaker 3: dollars in like EFTs and a little bit of the cryptocurrency. 585 00:27:35,680 --> 00:27:39,040 Speaker 2: Yeah, airpiic that is a very good innings for your age. 586 00:27:39,200 --> 00:27:43,160 Speaker 3: And my superannuation is about eighty thousand dollars, And during 587 00:27:43,200 --> 00:27:45,679 Speaker 3: my time off work, I always made sure that a 588 00:27:45,720 --> 00:27:48,199 Speaker 3: portion of my income protection I always allocated that to 589 00:27:48,200 --> 00:27:51,760 Speaker 3: my superannuation. I con't contributed Oh my gosh, really yeah. 590 00:27:51,840 --> 00:27:54,520 Speaker 3: It was really important for me that I had some control. 591 00:27:54,800 --> 00:27:56,000 Speaker 3: You know, I didn't have a lot of control at 592 00:27:56,000 --> 00:27:57,360 Speaker 3: that point. I didn't know where my life was going. 593 00:27:57,359 --> 00:27:58,919 Speaker 3: But I wanted to invest in my future, and I 594 00:27:58,920 --> 00:28:01,080 Speaker 3: didn't know how to do that with my current circumstances. 595 00:28:01,119 --> 00:28:03,840 Speaker 3: So contributing to my renovation was a way that I 596 00:28:03,880 --> 00:28:06,280 Speaker 3: was able to feel that and also contributing just a 597 00:28:06,320 --> 00:28:09,840 Speaker 3: little bit of my income protection to my investments over 598 00:28:09,840 --> 00:28:11,320 Speaker 3: that time gave me a little bit of a sense 599 00:28:11,320 --> 00:28:14,080 Speaker 3: of control and building towards the future that I didn't 600 00:28:14,119 --> 00:28:15,760 Speaker 3: know what would shape up to be. 601 00:28:15,840 --> 00:28:17,879 Speaker 2: You don't know what's going to happen, but you know 602 00:28:17,960 --> 00:28:19,320 Speaker 2: it's there and you know it's bright. 603 00:28:19,480 --> 00:28:19,879 Speaker 3: That's right. 604 00:28:20,119 --> 00:28:23,480 Speaker 2: Oh, that actually makes my heart so happy because obviously 605 00:28:23,560 --> 00:28:26,239 Speaker 2: those things are small steps in the right direction, but 606 00:28:26,440 --> 00:28:29,600 Speaker 2: really give you purpose and really help you get through 607 00:28:29,720 --> 00:28:33,000 Speaker 2: a process that is not very nice. Money Diarist, we 608 00:28:33,040 --> 00:28:36,400 Speaker 2: spoke about debt before that got taken out in your name, 609 00:28:36,480 --> 00:28:38,080 Speaker 2: But do you have any other debts? 610 00:28:38,440 --> 00:28:40,440 Speaker 3: No, just my hex debt. So the credit card's gone, 611 00:28:40,480 --> 00:28:43,040 Speaker 3: the loan's gone, and my hextebt is at about thirty 612 00:28:43,040 --> 00:28:44,400 Speaker 3: thousand dollars, so only good. 613 00:28:44,360 --> 00:28:47,240 Speaker 2: Debt, only good debt and only thirty thousand dollars. And 614 00:28:47,320 --> 00:28:49,560 Speaker 2: you're a lawyer, that is a good amount of debt 615 00:28:49,640 --> 00:28:52,680 Speaker 2: to still have, Like, yeah, killing it money, darist, I 616 00:28:52,720 --> 00:28:55,880 Speaker 2: want to know what would you think is your best money? 617 00:28:55,880 --> 00:28:58,520 Speaker 3: Have it the emergency fund? Hands down? I just I 618 00:28:58,560 --> 00:29:01,280 Speaker 3: claiming question that you know. I sort of went back 619 00:29:01,280 --> 00:29:03,320 Speaker 3: and looked at my planning over the last few years 620 00:29:03,320 --> 00:29:06,040 Speaker 3: and I always allocated it amount to an emergency fund. 621 00:29:06,320 --> 00:29:08,880 Speaker 3: So for me, that was like having at least three 622 00:29:08,880 --> 00:29:11,800 Speaker 3: to six months wages, you know, just in case something happened, 623 00:29:11,840 --> 00:29:13,760 Speaker 3: I couldn't work or you know, sorry is now, I 624 00:29:13,760 --> 00:29:16,080 Speaker 3: couldn't access income protection. On top of that, I also 625 00:29:16,200 --> 00:29:19,280 Speaker 3: had like a little sub emergency account because I shouldn't 626 00:29:19,280 --> 00:29:21,280 Speaker 3: have taken out private health insurance when I was earning 627 00:29:21,280 --> 00:29:23,680 Speaker 3: really well, but I didn't, So you know, I always 628 00:29:23,680 --> 00:29:25,840 Speaker 3: had majorre There's a little kitty there for if something 629 00:29:25,920 --> 00:29:28,920 Speaker 3: came up for my health as well, that that was there. 630 00:29:29,360 --> 00:29:32,560 Speaker 2: Yeah. Wow, I want to know where that habit came from, 631 00:29:32,600 --> 00:29:35,120 Speaker 2: because obviously it's a great habit. Everyone should have an 632 00:29:35,120 --> 00:29:37,920 Speaker 2: emergency fund. But earlier in the show, you told us 633 00:29:38,120 --> 00:29:41,200 Speaker 2: that you came from a lower income household and one 634 00:29:41,200 --> 00:29:44,959 Speaker 2: of your parents had an issue with gambling. That doesn't 635 00:29:45,080 --> 00:29:48,800 Speaker 2: usually lead towards actually having an emergency fund, because in 636 00:29:48,800 --> 00:29:53,360 Speaker 2: those circumstances, emergency funds usually get extinguished pretty quickly. So 637 00:29:53,440 --> 00:29:55,320 Speaker 2: where did that habit come from? How did you know 638 00:29:55,440 --> 00:29:56,760 Speaker 2: to do this for yourself? 639 00:29:57,000 --> 00:30:00,720 Speaker 3: I think it was unconsciously because of my mystery. So 640 00:30:00,800 --> 00:30:05,320 Speaker 3: when I did start earning well, I did start educating myself, 641 00:30:05,800 --> 00:30:10,160 Speaker 3: and I just was always planning for the unknown. Having 642 00:30:10,160 --> 00:30:12,600 Speaker 3: seen my family, I suppose be in situations where they 643 00:30:12,600 --> 00:30:16,640 Speaker 3: were quite tight with them in difficult circumstances, their money. 644 00:30:17,040 --> 00:30:18,840 Speaker 3: It just made sense. I never wanted to be in 645 00:30:18,880 --> 00:30:21,360 Speaker 3: a position where if something happened, I didn't have something 646 00:30:21,360 --> 00:30:24,160 Speaker 3: to fall back on. Yeah, it was just an unconscious 647 00:30:24,160 --> 00:30:26,480 Speaker 3: behavior that obviously was founded in the background. I think. 648 00:30:26,720 --> 00:30:30,160 Speaker 2: Yeah, wow, I kind of love asking people, well, how 649 00:30:30,200 --> 00:30:32,680 Speaker 2: did you come to the conclusion of an emergency fund 650 00:30:33,000 --> 00:30:35,760 Speaker 2: And it's either I was taught or it was I 651 00:30:35,840 --> 00:30:37,840 Speaker 2: came out of a situation that I knew I didn't 652 00:30:37,840 --> 00:30:40,280 Speaker 2: want to be in again, and that seemed like the 653 00:30:40,320 --> 00:30:41,520 Speaker 2: only logical step. 654 00:30:41,960 --> 00:30:42,160 Speaker 1: Yeah. 655 00:30:42,240 --> 00:30:45,120 Speaker 3: I think I was also subconsciously planning for you know, 656 00:30:45,200 --> 00:30:46,760 Speaker 3: at some point I was going to have a house 657 00:30:47,320 --> 00:30:49,960 Speaker 3: and if something happened in the future where I wouldn't 658 00:30:49,960 --> 00:30:52,719 Speaker 3: be able to pay for a payment or you know whatever, 659 00:30:52,960 --> 00:30:55,280 Speaker 3: that I did have a really good kitty of emergency 660 00:30:55,280 --> 00:30:58,240 Speaker 3: funds so that I wasn't ever financially stressed. Financial stress 661 00:30:58,280 --> 00:31:00,000 Speaker 3: is just the worst, and on top of all my 662 00:31:00,040 --> 00:31:03,360 Speaker 3: grief and areement, being financially stressed over the last eighteen months, 663 00:31:03,960 --> 00:31:06,479 Speaker 3: it really has not helped the situation. So I just 664 00:31:06,640 --> 00:31:09,440 Speaker 3: I've always wanted to alleviate that. Yeah, so I would say, 665 00:31:09,480 --> 00:31:11,120 Speaker 3: hands down, my best money how it is always having 666 00:31:11,160 --> 00:31:12,880 Speaker 3: an emergence fun and I wouldn't be able to get 667 00:31:12,880 --> 00:31:14,240 Speaker 3: through the last eighteen months without. 668 00:31:14,040 --> 00:31:16,800 Speaker 2: It one hundred percent. All right, let's flip it. What 669 00:31:16,960 --> 00:31:18,480 Speaker 2: is your worst money have they? 670 00:31:19,400 --> 00:31:23,720 Speaker 3: I think definitely spending on others. That's not my love language, 671 00:31:23,760 --> 00:31:25,840 Speaker 3: but it's often the love language of the people that 672 00:31:25,880 --> 00:31:29,680 Speaker 3: I know, so I spend for them. I spend as 673 00:31:29,720 --> 00:31:32,600 Speaker 3: a way to say thank you to them, whether it's family, friends, 674 00:31:32,600 --> 00:31:35,240 Speaker 3: my coworkers, and that tends to wear my money. It 675 00:31:35,280 --> 00:31:39,040 Speaker 3: sort of flitters off to I think otherwise, though, I 676 00:31:39,120 --> 00:31:42,040 Speaker 3: probably stress about money too much. I think about money 677 00:31:42,080 --> 00:31:45,520 Speaker 3: a lot. I stress about money a lot, and I 678 00:31:45,560 --> 00:31:48,200 Speaker 3: really am disappointed that I spend a lot of energy 679 00:31:48,840 --> 00:31:52,360 Speaker 3: thinking about the worst case scenarios because I would like 680 00:31:52,360 --> 00:31:54,200 Speaker 3: to have a bit more of a healthier mindset about money, 681 00:31:54,280 --> 00:31:56,800 Speaker 3: and I have a really positive attitude about money. But 682 00:31:56,920 --> 00:31:59,800 Speaker 3: instead I do seem to tend to think about money 683 00:32:00,000 --> 00:32:03,680 Speaker 3: and stress about money for maybe longer than it's probably helpful. 684 00:32:04,320 --> 00:32:07,280 Speaker 2: It kind of makes sense in your circumstances, though my friend, 685 00:32:07,480 --> 00:32:10,240 Speaker 2: like the story checks out. It's not a nice thing 686 00:32:10,320 --> 00:32:12,720 Speaker 2: to go through, but I can see why money would 687 00:32:12,760 --> 00:32:15,800 Speaker 2: put additional pressure on you at this point in time. Yes, 688 00:32:16,000 --> 00:32:18,520 Speaker 2: all right, I'm going to quickly recap because I'm about 689 00:32:18,560 --> 00:32:20,840 Speaker 2: to ask you what grade you would give your money 690 00:32:20,880 --> 00:32:23,600 Speaker 2: habits again, because I want to see if after having 691 00:32:23,600 --> 00:32:25,880 Speaker 2: this chat, they've changed. And what I've learned is that 692 00:32:25,880 --> 00:32:28,760 Speaker 2: you've come from a low income household that did have 693 00:32:28,800 --> 00:32:31,800 Speaker 2: the gambling addiction in it. You killed it coming out 694 00:32:31,800 --> 00:32:35,160 Speaker 2: of UNI. You have an emergency fund. You always prioritize that. 695 00:32:35,280 --> 00:32:37,880 Speaker 2: You told me you have a sub emergency fund. Like 696 00:32:37,920 --> 00:32:39,760 Speaker 2: you don't just have an emergency fund. You've got a 697 00:32:39,760 --> 00:32:42,920 Speaker 2: sub emergency fund, You've got investments. You're always thinking about 698 00:32:42,920 --> 00:32:45,960 Speaker 2: the future. During literally the shittiest period of your life, 699 00:32:46,040 --> 00:32:49,080 Speaker 2: you were still contributing to your super Who does that 700 00:32:49,280 --> 00:32:51,720 Speaker 2: except a queen? So do you really still think you're 701 00:32:51,720 --> 00:32:52,040 Speaker 2: a bee? 702 00:32:52,880 --> 00:32:53,120 Speaker 1: Yeah? 703 00:32:53,240 --> 00:32:55,920 Speaker 3: I do. I do think there's things I could have can't. 704 00:32:55,920 --> 00:32:58,680 Speaker 3: I mean, I can improve things. I'm still a little 705 00:32:58,680 --> 00:33:01,320 Speaker 3: bit afraid of some of the the risks, and I 706 00:33:01,360 --> 00:33:04,040 Speaker 3: think I still have a bit of a negative mindset. Yeah, 707 00:33:04,280 --> 00:33:05,640 Speaker 3: be hoping to one day B and A. 708 00:33:06,760 --> 00:33:08,840 Speaker 2: You're going to be an A and GINO. What I 709 00:33:08,840 --> 00:33:10,800 Speaker 2: think it has a lot to do with money mindset 710 00:33:10,880 --> 00:33:13,760 Speaker 2: and changing that and putting your space back into a 711 00:33:13,800 --> 00:33:16,240 Speaker 2: space where you feel really, really in control, because I 712 00:33:16,280 --> 00:33:18,600 Speaker 2: can tell that you don't feel that yet, but I 713 00:33:18,640 --> 00:33:21,400 Speaker 2: can see that you're working towards it, and honestly, I 714 00:33:21,440 --> 00:33:24,320 Speaker 2: am so proud of you. Like the idea that you're 715 00:33:24,360 --> 00:33:27,560 Speaker 2: back at work this year, like ah queen behavior, I'm 716 00:33:27,600 --> 00:33:30,840 Speaker 2: obsessed with you. Thank you so so much for sharing 717 00:33:30,840 --> 00:33:33,280 Speaker 2: your story with us, and I know that our community 718 00:33:33,600 --> 00:33:35,680 Speaker 2: is going to adore you just as much as I have. 719 00:33:41,920 --> 00:33:44,440 Speaker 2: The advice shared on She's on the Money is general 720 00:33:44,480 --> 00:33:48,360 Speaker 2: in nature and does not consider your individual circumstances. She's 721 00:33:48,400 --> 00:33:51,800 Speaker 2: on the Money exists purely for educational purposes and should 722 00:33:51,880 --> 00:33:55,040 Speaker 2: not be relied upon to make an investment or financial decision. 723 00:33:55,440 --> 00:33:57,880 Speaker 2: If you do choose to buy a financial product, read 724 00:33:57,920 --> 00:34:01,200 Speaker 2: the PDS TMD and obtain a p preup financial advice 725 00:34:01,280 --> 00:34:04,880 Speaker 2: tailored towards your needs. Victoria Divine and Sheese on the 726 00:34:04,880 --> 00:34:08,360 Speaker 2: Money are authorized representatives of Money sherper P T y 727 00:34:08,600 --> 00:34:11,080 Speaker 2: L t D A B N three two one six 728 00:34:11,160 --> 00:34:14,239 Speaker 2: four nine two seven seven zero eight a F s 729 00:34:14,360 --> 00:34:18,560 Speaker 2: L four five one two eight nine