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

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

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

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

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

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

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

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

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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Speaker 3: She's on the Money, She's on the Money.

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Speaker 4: Hello, and welcome On the Money the Podcast Millennials who

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Speaker 4: want financial freedom. Welcome back to another one of our

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Speaker 4: Money Diaries episodes where I get the absolute privilege of

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Speaker 4: sitting down with one of our beautiful She's on the

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Speaker 4: Money community members and talk to them all about their journey.

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Speaker 4: Let's jump straight into it, because this week I got

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Speaker 4: a message and it sounded exactly like this Kiura SotM Ladies.

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Speaker 4: Last year my mom died suddenly and it's been a

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Speaker 4: massive shock to the system. I've had to help my

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Speaker 4: dad understand and manage his household finances, navigate grief, plan

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Speaker 4: a wedding and a six month overseas honeymoon, which was

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Speaker 4: in the pipeline before my mom died. It made my

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Speaker 4: fiance and I realized how important it is to communicate

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Speaker 4: openly about joint accounts and bill payments. And we'll get

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Speaker 4: cracking on a whill. I'd love to share my story

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Speaker 4: with the community. If you'll have me, of course, I'll

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Speaker 4: have you. Money diarist, Welcome to the show cure.

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Speaker 5: Thanks for having me.

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Speaker 2: Of course, let's jump straight in.

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Speaker 4: If I asked you to give your money habits a grade,

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Speaker 4: what grade would you give them?

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Speaker 2: From A three to F.

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Speaker 6: I think i'd probably grade myself between a B plus

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Speaker 6: and an ans a.

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Speaker 2: B plus and an A minus. That's a pretty good position.

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Speaker 4: Now, my favorite question, tell me a little bit more

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Speaker 4: about your money story.

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Speaker 6: I guess my money story is pretty grounded in the

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Speaker 6: kind of like money habits of my parents. I grew

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Speaker 6: up in a household where savings was really prioritized. Dad

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Speaker 6: worked full time and Mum was a stay at home mum,

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Speaker 6: so their focus was really on like paying down the

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Speaker 6: mortgage when I was young and I think, well, they

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Speaker 6: were probably quite tight on money at some points. We

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Speaker 6: never went without as kids, so yeah, we always got

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Speaker 6: to kind of do after school activities, et cetera, et cetera.

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Speaker 5: Yeah, and mum.

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Speaker 6: Really instill the importance of being across your finance is

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Speaker 6: from quite a young age.

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Speaker 2: A queen, yeah, a real queen.

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Speaker 6: So she helped us sit up banking counsel when we

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Speaker 6: were quite young. She made sure we signed up to

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Speaker 6: QUI say there, and she made us really like understand

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Speaker 6: the importance of QI saber contributions, putting your KI save

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Speaker 6: and a growth fund and just compound interest and term

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Speaker 6: deposits and how you can make money off your money.

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Speaker 2: Where did she learn all of this?

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Speaker 4: You said she was a stay at home mum, Like

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Speaker 4: she sounds like she might have been an investment banker.

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Speaker 6: She was just super organized. She was just like meticulous.

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Speaker 6: She used to be an office manager before she was

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Speaker 6: a stay at home mum, so she was just like

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Speaker 6: very onto it.

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Speaker 4: Yeah, that takes some serious level of organization to be

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Speaker 4: an office manager. So she probably was definitely across everybody's

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Speaker 4: business at which I love.

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Speaker 2: Tell me more, what was growing up like?

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Speaker 6: I guess because she was so organized and onto it.

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Speaker 6: Mum kind of ran like all of our household finances,

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Speaker 6: and my dad pretty much like wasn't really across any

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Speaker 6: of it.

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Speaker 5: He was just really focused.

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Speaker 2: On making the money, bringing it home. Mum will manage it.

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Speaker 5: Yeah, exactly, Mum will look up after it.

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Speaker 6: And so he trusted her completely, And I feel like

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Speaker 6: it's often the way around. Like I talked to friends

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Speaker 6: who's like Dad's handled all the finances, but in my family,

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Speaker 6: it was like my mum, which was kind of great

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Speaker 6: that she was across it all. But when she passed

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Speaker 6: away suddenly last year, it meant that Dad had a

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Speaker 6: bit of a rude awakening. He had access to some

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Speaker 6: of their accounts, or Mum thought she'd see everything up

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Speaker 6: in a joint account structure, but after she died, we

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Speaker 6: realized that Dad had access to about three of the

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Speaker 6: like ten accounts.

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Speaker 4: Yeah, okay, and then that's a really big process of

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Speaker 4: like applying for it to be released.

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Speaker 2: And like that's not what you need when you're buried

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Speaker 2: in grief.

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Speaker 6: No, it was quite a lot, and I think like

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Speaker 6: because the amount of money and those accounts was substantially

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Speaker 6: less than the other accounts I mean like we were

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Speaker 6: fine because Dad was still earning that it just put

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Speaker 6: like unnecessary pressure on him, particularly around funeral expen and

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Speaker 6: everything else.

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Speaker 4: Oh yeah, and especially being really unexpected. You don't get

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Speaker 4: that grace period of going, let's get.

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Speaker 2: Our ducks in a row.

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Speaker 4: We know this, you know awful thing is coming. We

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Speaker 4: can you know, line everything up, Like when it's really sudden.

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Speaker 4: You go from being absolutely fine one day to being

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Speaker 4: not around and you can't even ask questions like, oh hey, Mum,

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Speaker 4: is there anything like that we need to know, Like,

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Speaker 4: you just don't get that grace.

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Speaker 6: Probably not a good practice to follow. She was quite

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Speaker 6: good in the sense that she had this little red

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Speaker 6: book of passwords.

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Speaker 2: Oh my gosh, geniuses don't recommend that. I feel like.

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Speaker 4: That's the generation though I can almost guarantee my mum

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Speaker 4: has one.

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Speaker 6: Yes, thank God for Mum's right. With little passoak books.

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Speaker 2: You're like safety first, yeah, exactly.

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Speaker 6: So that was definitely quite helpful because it meant temporarily

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Speaker 6: we could kind of see what was going on, but

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Speaker 6: then we went into probate, so all those extra accounts

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Speaker 6: that Dad doesn't have, it's all been locked up. It's

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Speaker 6: a bit of a rollercoaster of like dad having to

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Speaker 6: learn how to Internet bank and understanding how directive its work,

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Speaker 6: and just like he kind of knew roughly what was

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Speaker 6: coming in and going out, but he just felt like

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Speaker 6: in a few months after mum died had been really

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Speaker 6: like slammed with payments that he wasn't anticipating, so like, yeah,

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Speaker 6: funeral costs and everything else, and then other big regular

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Speaker 6: payments he didn't kind of know they were coming. So yeah,

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Speaker 6: I think that's been like a massive learning curve for him,

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Speaker 6: but also like a big eye opener for me as like, yeah,

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Speaker 6: his daughter just I don't know. I think it's so

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Speaker 6: important that I don't know, if you have a parent

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Speaker 6: who doesn't know how to Internet bank, like make sure

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Speaker 6: they know what they're doing. It's so important not to

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Speaker 6: have all the control with one party because you just

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Speaker 6: don't know what life's going to throw at you.

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Speaker 4: I feel like lots of people are in the opposite

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Speaker 4: situation as we're saying before to your parents, where the

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Speaker 4: dad runs the finances. And this is going to sound

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Speaker 4: really morbid, but women on average live longer than men.

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Speaker 4: So if you've got like a mum or you are

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Speaker 4: a female in a relationship and you just go no,

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Speaker 4: my husband sorts it out like it's absolutely fine, Like

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Speaker 4: it's actually not, because statistically, at some point you're gonna

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Speaker 4: have to manage the finances on your own. And that

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Speaker 4: sounds again morbid, but the reality of the situation is

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Speaker 4: you're gonna have to manage it on your own, regardless

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Speaker 4: of gender. Your story literally is that where dad just

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Speaker 4: trusted mum, And that's great, and we want trust, we

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Speaker 4: want inherent trust in a relationship. But it's not really

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Speaker 4: about trust. It's actually about knowing the process. Like if

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Speaker 4: your dad had just known how to do it, he.

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Speaker 2: Didn't have to do it.

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Speaker 4: Mum was clearly a clrosset, but like just knowing where

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Speaker 4: the logins are, how that works, what that looks like, Oh,

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Speaker 4: here's how we pay bills nowadays, Like just being up

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Speaker 4: with it would have given him such a sense of

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Speaker 4: freedom during that time where he was probably feeling overwhelmed

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Speaker 4: from every aspect in his life.

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Speaker 6: Yeah, oh for sure, And it would have just been

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Speaker 6: like I think, one less burden, Yeah, obviously on him,

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Speaker 6: and then I think also on like me and my siblings,

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Speaker 6: because now when he gets a bill and he like

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Speaker 6: understandably he's getting a lot better, but when it first

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Speaker 6: started happening, he'd get quite like flustered and stressed about

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Speaker 6: the whole situation, not really know how to manage it.

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Speaker 6: Just even when it came to filling out like a

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Speaker 6: bank transfer and you have to put in like the

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Speaker 6: reference and the code and all that kind of stuff,

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Speaker 6: he just didn't know.

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Speaker 5: What it meant. Yeah, I just think it's so important.

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Speaker 2: And did your mom leave behind a will? Like was

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Speaker 2: there a plan?

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Speaker 6: Yeah, So I'm not super across this so much, but

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Speaker 6: I think she and dad made a will together, and

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Speaker 6: because they did it together, I think it'd set it

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Speaker 6: up in a way that everything passed to Dad. Well,

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Speaker 6: I didn't realize was just even if you've set up

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Speaker 6: a will and it's all straightforward, the process around actually

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Speaker 6: obtaining like the property and the money and the accounts

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Speaker 6: is just so long. Like I'm not sure what it's

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Speaker 6: like In.

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Speaker 4: Australia, it's a very similar system, which is very frustrating.

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Speaker 2: I was about to point that out.

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Speaker 4: I was like, if you're listening our money, Darrist is

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Speaker 4: in New Zealand, so there is a bit of a

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Speaker 4: different process, but they are very very similar.

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Speaker 6: Yeah, so I think it's just like for him learning

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Speaker 6: how to kind of manage everything on a slightly reduced capacity.

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Speaker 2: That's wild.

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Speaker 4: And in your money diar, you wrote in now we're

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Speaker 4: getting married, dude, you're very exciting and you're going to

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Speaker 4: go on an overseas six month long honeymoon, you lucky ducks.

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Speaker 4: How's all of that gonna happen? Tell me about that

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Speaker 4: part of your money story.

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Speaker 5: Yes, so that's super exciting.

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Speaker 6: So we had kind of started thinking about this in

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Speaker 6: like twenty nineteen. My partner and I were just so

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Speaker 6: ready to get out of New Zealand, like feel so

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Speaker 6: far away from everything, and we just wanted to explore

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Speaker 6: the world. And when you had a bit of saving

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Speaker 6: to do before we could do that. But being COVID

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Speaker 6: hit and everything you know, got put on ice. We

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Speaker 6: kind of kept saving quite diligently through that time, so

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Speaker 6: we managed to accrue quite a decent savings plan. Yeah,

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Speaker 6: we had a bit of a goal in mind of

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Speaker 6: how much we wanted to save, and we reached that

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Speaker 6: point over would there be like nearly five years to

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Speaker 6: get there?

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Speaker 4: Gosh, you have to tell us, like, this is an

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Speaker 4: anonymous money you can't be like, yeah we had a

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Speaker 4: saving skull.

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Speaker 2: No, no, no, how much you budgeted for a six

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Speaker 2: month overseas honeymoon? Like what does that cost?

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Speaker 5: Yeah?

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Speaker 6: So I did a lot of research into how much

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Speaker 6: other people had saved, but a lot of it was

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Speaker 6: like Americans, so I didn't really know. So yeah, it's

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Speaker 6: a bit frustrating, but we have budgeted sixty thousand New

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Speaker 6: Zealand dollars.

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Speaker 2: Hey that's pretty good for six months, like ten thousand

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Speaker 2: dollars a month, all right.

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Speaker 6: Yeah, fingers crossed. That will get us a wee way.

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Speaker 6: I think Europe's become a lot more expensive since twenty nineteen,

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Speaker 6: so yeah, yeah.

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Speaker 2: It definitely has.

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Speaker 4: Is there something where you're kind of going over and

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Speaker 4: yellowing it? I have a sneaky suspicion that you just

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Speaker 4: come across as a planner. I think you might have

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Speaker 4: a very attractive spreadsheet. Tell me about how you've manished this.

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Speaker 6: Yeah, so we kind of tried to figure out, like, okay, well,

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Speaker 6: where realistically do we want to go? When knew we

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Speaker 6: always wanted to go to Europe, we wanted to be

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Speaker 6: a little bit more intripid when we first started planning

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Speaker 6: in twenty nineteen before the pandemic, and we were looking

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Speaker 6: into like slightly more remote places or like around like

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Speaker 6: the Starns. But we decided, like, I'm just like a

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Speaker 6: little bit of a anxious person, so I didn't want.

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Speaker 5: To girl friend, yeah, go without a.

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Speaker 6: Plan, and also like go somewhere maybe like if another

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Speaker 6: pandemic broke out it would be a little bit more

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Speaker 6: difficult to get home. So we have kind of stuck

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Speaker 6: to the bidden track a little bit more. Yeah, so

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Speaker 6: we'll be going through a little bit of Central Europe

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Speaker 6: and in mainly trying to hang out around the Balkans.

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Speaker 4: So yeah, cool, I love this all right, wedding, how

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Speaker 4: much is that going to cost? What's a plan? Tell

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Speaker 4: me all of the story? Sorry, we need the pervy details.

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Speaker 6: No, that's all good. So we planned the trip before

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Speaker 6: we thought about getting married. And then we thought, okay,

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Speaker 6: well we're going on this epic trope, like, why don't

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Speaker 6: we just get married before we go and we can

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Speaker 6: treat it like a bit of a honeymoon, because who

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Speaker 6: wants to go straight?

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Speaker 2: YEA beautiful when they're married.

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Speaker 5: Well that was my opinion anyway.

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Speaker 4: No, no, no, as someone who got married and then

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Speaker 4: went back to work for two weeks before going on

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Speaker 4: her honeymoon because I just had too much to do.

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Speaker 4: I was like, I've just got stuff to plan, stuff

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Speaker 4: to get done. Yeah, I didn't want to go back

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Speaker 4: to work. I wanted to be in my love bubble.

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Speaker 4: So yeah, good idea.

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Speaker 6: Yeah, I appreciate it's a very privileged position to be

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Speaker 6: able to just like say, oh, well, you know we're

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Speaker 6: going to up and leave.

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Speaker 5: I know not everyone can do that.

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Speaker 2: With this amount of planning.

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Speaker 4: You can like I'm sorry, I've been planning it since

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Speaker 4: twenty nineteen. Like, yes, acknowledging privilege around money is very important.

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Speaker 4: But I also think being like, oh, it's really lucky

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Speaker 4: that we can it's like, no, you also worked really

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Speaker 4: hard so you could do this.

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Speaker 6: Yeah, it should be really exciting.

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Speaker 5: Yeah.

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Speaker 6: So on the wedding, we quickly realized that a lot

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Speaker 6: of venues have like a minimum spin, So if we

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Speaker 6: wanted to use a particular venue, we're going to have

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Speaker 6: to have quite a significant number of people in order

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Speaker 6: to meet the minimum spin. And so we found ourselves

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Speaker 6: kind of going down this road. We were like, Okay,

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Speaker 6: well we have to meet minimum spin, so we have

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Speaker 6: to have like you know, seventy five plus people when

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Speaker 6: we've kind of started the process thinking, actually, we want

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Speaker 6: to do something really small because we wanted the focus

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Speaker 6: to be the honeymoon.

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Speaker 5: So when we realized how much that was going to cost,

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Speaker 5: we ended.

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Speaker 6: Up pulling right back and we are now only going

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Speaker 6: to have about thirty people.

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Speaker 2: Oh that's so sweet.

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Speaker 6: Yeah, it'll be really intimate. So we've budgeted about thirty grand.

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Speaker 6: Hopefully it will be a little bit less than that.

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Speaker 6: We're just kind of like trying to be a little

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Speaker 6: bit conservative around estimates, so we're not like, yeah, with

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Speaker 6: any kind of bill right before we go overseas.

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Speaker 2: And what kind of wedding you're planning now?

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Speaker 4: Like obviously New Zealand venues are very expensive because they're

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Speaker 4: very beautiful at the same time, but like what kind

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Speaker 4: of venue are you now looking at?

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Speaker 2: And like where will you get married?

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Speaker 6: Yeah, so we live and one of the biggest cities

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Speaker 6: in New Zealand, so we're probably not going to do

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Speaker 6: something outdoors. We've found this little event space that's relatively

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Speaker 6: urban that's kind of like.

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Speaker 5: Lofty, cool viby.

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Speaker 6: Yeah, so it'll be quite cute, and that was a

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Speaker 6: lot more affordable than going to like vineyards or something

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Speaker 6: like that, which would have been like absolutely stunning and

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Speaker 6: a head friends do there and it's always been epic,

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Speaker 6: But we just knew that for us, we wanted to

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Speaker 6: get married in the city that we met and it's

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Speaker 6: where our family is based.

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Speaker 2: Oh that's so wholesome. Yes, I love it.

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Speaker 6: Yeah, a little bit more urban than probably like what

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Speaker 6: people would consider a New Zealand wading to be.

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Speaker 2: No love love.

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Speaker 4: So now tell me, obviously you're good at saving, we're

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Speaker 4: going to need to know where the money's coming from.

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Speaker 2: What do you do for work? And how much money

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Speaker 2: do you earn?

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Speaker 6: So I work for the government in communications and I

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Speaker 6: earn one hundred and five k year before.

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Speaker 4: Tex in New Zealand dollars obviously, And Pervy, what does

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Speaker 4: your partner do and how much does he earn?

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Speaker 6: So he's government two and he earns I think around

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Speaker 6: one hundred and fifteen k New Zealand before tex So.

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Speaker 4: And you guys don't do supranuation, you do Keywi saver.

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Speaker 4: How much do you contribute to your Kiwi Saver?

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Speaker 6: I contribute ten percent, which is the maximum amount, just

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Speaker 6: because yeah it's not so great, is Australia and yeah,

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Speaker 6: so I put in ten percent myself and then my

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Speaker 6: employer contributes three percent, which isn't amazing.

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Speaker 5: I'd love it to be higher, but yeah.

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Speaker 4: Thirteen percent in total is higher than what our current

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Speaker 4: eleven percent supranuation rate is at, so not too bad.

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Speaker 4: And does that money come out of your one hundred

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Speaker 4: and five?

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Speaker 6: Yeah, so the ten percent is out of my one

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Speaker 6: hundred and five and the three percent is yeah, from

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Speaker 6: my employer separately, and to.

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Speaker 4: Be pervy, I know how this works, but I feel

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Speaker 4: like it's fun to dive in when you've got someone

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Speaker 4: from overseas. So does that money then go into your

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Speaker 4: account and then you transfer it out or is there

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Speaker 4: something that you get to set up through your employer

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Speaker 4: and it just gets direct debited straight into your key.

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Speaker 2: We say the like, what was the process?

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Speaker 6: Yeah, it's the latter, So it all gets taken out

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Speaker 6: and goes directually to my key. We saber provider, so

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Speaker 6: I can't see.

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Speaker 2: It or touch it. Yeah, yeah, bet it's.

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Speaker 5: Probably for the best.

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Speaker 4: Yes, Now we've spoken about your wedding and we've spoken

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Speaker 4: about your big honeymoon. Are there any other big money

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Speaker 4: goals on the horizon that I should know about.

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Speaker 6: We're continuing to save for the wedding, so we've got

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Speaker 6: about five k more that we need to make between

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Speaker 6: now and then. And the other thing is because, as

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Speaker 6: you've correctly pointed out, I am quite a planner. I

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Speaker 6: wanted to build that a little bit of a like

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Speaker 6: post travel fund for what we want to do when

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Speaker 6: we get back from the six months of travels. So

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Speaker 6: my partner's quite keen to move across to oz Actually.

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Speaker 2: Yeah, calm live over here. We really nice.

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Speaker 6: Yeah, the wead always looks nice too, So don't move

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Speaker 6: to Melbourne then. Yeah, So that's definitely something that we're

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Speaker 6: kind of trying to work towards that. We definitely have

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Speaker 6: a couple of other that go fish to fry in

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Speaker 6: terms of money goals, so that's not quite as high

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Speaker 6: a priority just at the moment.

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Speaker 4: Now you mentioned a post travel fund, tell me a

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Speaker 4: bit more about that, because what are you doing with work?

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Speaker 2: Like have you just said you're okay, I'm.

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Speaker 4: Going on there eve and they were like, no worries, money, diarist,

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Speaker 4: we'll see when you return, Like.

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Speaker 2: What's the plan with your jobs? Because six months is

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Speaker 2: a lot to ask from an employer.

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Speaker 6: Yeah, so we've planned to resign. We haven't handed in

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Speaker 6: our notices yet. That will probably happen soon. But yeah,

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Speaker 6: so the post travel fund is really, I guess, like

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Speaker 6: giving us a bit of a buffer for when we

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Speaker 6: either come back or decide to move across the ditch

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Speaker 6: and just kind of sit up, whether that's rent food,

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Speaker 6: just so we're not having to stress too much about

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Speaker 6: dipping into other savings. I quite like having just like

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Speaker 6: a little fund there that I can pull from.

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Speaker 2: That makes a lot of sense. How do you feel

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Speaker 2: about resigning?

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Speaker 4: Like, I don't know, I'm an anxious girlie that gives

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Speaker 4: me anxiety.

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Speaker 6: Yeah, I'm definitely a little bit nervous, but I have

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Speaker 6: quite a good relationship with my manager, so I forget.

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Speaker 6: If I just give her as much notice as possible

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Speaker 6: and leave everything like super tidy, hopefully it will go okay.

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Speaker 6: But yeah, I can't say I'm like looking forward to

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Speaker 6: the conversation.

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Speaker 4: No, I can totally understand that. And is there any

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Speaker 4: opportunity do you think that your employers would turn around

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Speaker 4: and go all right, well, you're a really good employee.

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Speaker 4: We can give you six months of unpaid leave and

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Speaker 4: then come back. Is that an option on the table.

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Speaker 2: Do you think?

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Speaker 5: I mean maybe, I mean.

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Speaker 4: You might not want to come back if you want

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Speaker 4: to move to Australia, so who knows.

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Speaker 5: Who knows.

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Speaker 6: I think maybe there would be an option, but I

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Speaker 6: think I probably haven't been at the company long enough.

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Speaker 2: Yeah that's fair, But I mean if.

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Speaker 5: They did offer it, I would probably seriously consider it.

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Speaker 4: Yeah, it's nice having the idea of financial security when

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Speaker 4: you're returning your head. Yes, definitely totally understand. All right,

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Speaker 4: let's go to a really quick break on the flip side.

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Speaker 4: I have so many questions for you about investing and

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Speaker 4: debt and good and bad money habits, So guys don't

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Speaker 4: go anywhere, all right, money diarist, I feel like you're

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Speaker 4: probably going to say yes to this because you just

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Speaker 4: seem like a savvy planner. You already told me about

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Speaker 4: how your mum operated the finances. You told me about

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Speaker 4: your KEYW saver and how she pushed you into that.

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Speaker 4: So the next question is do you have any investments?

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Speaker 4: If so, what are they, how do they work?

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Speaker 5: I do, obviously, key, we stay with it. Mum. Mum

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Speaker 5: helped me sit up. I've got about fifty K and

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Speaker 5: there what I'm pretty happy with.

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Speaker 6: And then I've got about thirty eight k and ETFs.

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Speaker 2: Oh, how did you get into that? That's a lot?

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Speaker 2: You're just a baby.

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Speaker 6: So I was unemployed over COVID and I had a

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Speaker 6: lot of time on my hands, and I started looking

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Speaker 6: into I guess like your podcast and other kind of

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Speaker 6: like money education podcasts, and I was like, oh my god,

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Speaker 6: this looks like mean why haven't I thought about this?

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Speaker 6: And my brother works in finance, and so he was

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Speaker 6: like quite encouraging and he'd done it himself and he was.

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Speaker 2: Like, yeah, you should do it, definitely do it.

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Speaker 5: Yeah.

436
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Speaker 6: So I knew that I, like, am not a huge

437
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Speaker 6: risk taker and I wanted something that I'm not a

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Speaker 6: maths girl. So I was like, I want to do

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Speaker 6: something that's not too hard and it's quite like passive.

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Speaker 4: Biggest misconception in investing is that you have to be

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Speaker 4: good at maths. You do not have to be good

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Speaker 4: at maths to do investing and do it well. I

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Speaker 4: think obviously like I'm a bit of a maths girl,

444
00:20:30,119 --> 00:20:33,160
Speaker 4: but I'm low key a little bit disappointed with how

445
00:20:33,160 --> 00:20:35,320
Speaker 4: little maths is involved in investing.

446
00:20:35,480 --> 00:20:37,439
Speaker 6: I was stoked when I started doing it, and I

447
00:20:37,480 --> 00:20:39,560
Speaker 6: was like, ah, this is actually like quite passive.

448
00:20:39,640 --> 00:20:41,119
Speaker 5: I don't really have to do much.

449
00:20:41,760 --> 00:20:44,480
Speaker 6: Like I can understand how people find the like pros

450
00:20:44,480 --> 00:20:46,720
Speaker 6: is a little bit daunting. But yeah, So the thirty

451
00:20:46,760 --> 00:20:50,360
Speaker 6: eight k is kind of sprewed between the os top

452
00:20:50,400 --> 00:20:54,080
Speaker 6: fifty companies in zi AU, so it's pretty standard stuff.

453
00:20:54,119 --> 00:20:56,719
Speaker 5: And I just have like a.

454
00:20:55,920 --> 00:20:58,679
Speaker 6: Monthly or a quarterly payment that goes through and it

455
00:20:58,800 --> 00:20:59,880
Speaker 6: just does its thing.

456
00:21:01,040 --> 00:21:02,280
Speaker 5: Very lazy about it, to be.

457
00:21:02,200 --> 00:21:07,040
Speaker 4: Honest, but that's the best, right, Like good investing actually

458
00:21:07,080 --> 00:21:10,080
Speaker 4: should be really boring, Like and I don't mean to

459
00:21:10,119 --> 00:21:12,000
Speaker 4: throw investing platforms that try.

460
00:21:11,800 --> 00:21:14,080
Speaker 2: And make it really engaging under the bus.

461
00:21:14,440 --> 00:21:16,639
Speaker 4: But at the same time, you go, well, actually it

462
00:21:16,680 --> 00:21:19,680
Speaker 4: should be boring because it should be quite passive, especially

463
00:21:19,680 --> 00:21:22,560
Speaker 4: with the strategy you've gone with. You're like, I'm really conservative.

464
00:21:22,840 --> 00:21:25,320
Speaker 4: I've gone with an ETF. There shouldn't actually be a

465
00:21:25,320 --> 00:21:28,560
Speaker 4: lot of ongoing maintenance with this except for contributing regularly

466
00:21:28,840 --> 00:21:31,960
Speaker 4: full stop. End of story, Like it actually can be

467
00:21:32,040 --> 00:21:35,240
Speaker 4: that easy. So obviously your brother worked in finance. What

468
00:21:35,320 --> 00:21:37,360
Speaker 4: platform did you choose to invest with.

469
00:21:37,640 --> 00:21:40,280
Speaker 5: I've used in this now, which I think is the

470
00:21:40,359 --> 00:21:41,560
Speaker 5: New Zealand platform.

471
00:21:41,720 --> 00:21:42,040
Speaker 2: It is.

472
00:21:42,160 --> 00:21:44,679
Speaker 5: I did look into shares ees, but I had slightly

473
00:21:44,720 --> 00:21:45,320
Speaker 5: lower fees.

474
00:21:45,400 --> 00:21:49,399
Speaker 4: Sorry, you know what, there's something different for everybody. Like

475
00:21:49,600 --> 00:21:52,760
Speaker 4: I could not care less who you use as long

476
00:21:52,800 --> 00:21:55,920
Speaker 4: as you are investing, my friend, Like, I get such

477
00:21:56,000 --> 00:21:59,159
Speaker 4: gratification out of knowing that there are so many people

478
00:21:59,200 --> 00:22:01,280
Speaker 4: in our community who are putting themselves first.

479
00:22:01,440 --> 00:22:03,680
Speaker 2: Like thirty eight K. How old were you again?

480
00:22:04,760 --> 00:22:09,679
Speaker 6: Ah, when I first started, I would have been twenty four, twenty.

481
00:22:09,440 --> 00:22:13,000
Speaker 4: Five, So a baby babies are investing and they are

482
00:22:13,000 --> 00:22:15,199
Speaker 4: putting themselves first, and they are going to be wealthy,

483
00:22:15,200 --> 00:22:17,720
Speaker 4: wealthy people in the future. I love it. It makes

484
00:22:17,720 --> 00:22:19,960
Speaker 4: me so so happy. So is that the extent for

485
00:22:20,000 --> 00:22:20,760
Speaker 4: your investments?

486
00:22:21,240 --> 00:22:23,359
Speaker 5: There is one more, but I can't claim I.

487
00:22:23,440 --> 00:22:25,080
Speaker 2: Did this myself, So that's okay.

488
00:22:25,200 --> 00:22:28,160
Speaker 6: We have a inheritance that we receive from his family.

489
00:22:28,680 --> 00:22:32,800
Speaker 6: So that's one hundred and sixty k invested in managed funds,

490
00:22:32,840 --> 00:22:36,120
Speaker 6: I think. And the managed fund thing was his decision.

491
00:22:36,480 --> 00:22:38,560
Speaker 6: He didn't really fully understand. I think he just wanted

492
00:22:38,560 --> 00:22:41,480
Speaker 6: that kind of security of a managed fund and he

493
00:22:41,560 --> 00:22:44,120
Speaker 6: wanted quite hands off approach, so that's what for him.

494
00:22:44,200 --> 00:22:45,960
Speaker 5: So yeah, that's the extent of it all.

495
00:22:46,080 --> 00:22:49,240
Speaker 4: Can I be really pervy about this. You said your

496
00:22:49,280 --> 00:22:53,160
Speaker 4: partner's inheritance. Obviously you're not married yet, but the way

497
00:22:53,160 --> 00:22:55,680
Speaker 4: that you're talking about it is very like it's kind

498
00:22:55,720 --> 00:22:57,520
Speaker 4: of like ours, this is adjoint asset.

499
00:22:58,119 --> 00:23:00,000
Speaker 2: How do you guys view that? Obvious?

500
00:23:00,040 --> 00:23:01,960
Speaker 4: So you're about to get married, so like, yes, it

501
00:23:02,080 --> 00:23:05,480
Speaker 4: is basically a joint asset. But these conversations can be

502
00:23:05,560 --> 00:23:10,359
Speaker 4: quite confronting, and often we have them, you know, hypothetically

503
00:23:10,480 --> 00:23:12,520
Speaker 4: in the community. We'll be like, oh, what if you

504
00:23:12,640 --> 00:23:14,960
Speaker 4: got an inheritance and is it your partners or not?

505
00:23:15,240 --> 00:23:18,560
Speaker 4: How did that conversation actually play out in reality? Like

506
00:23:18,640 --> 00:23:22,000
Speaker 4: when this happened, Like was this a like we're joint

507
00:23:22,040 --> 00:23:22,960
Speaker 4: decision making?

508
00:23:23,400 --> 00:23:24,760
Speaker 2: Like how did that work?

509
00:23:25,119 --> 00:23:30,200
Speaker 6: So when it first happened, we weren't quite defect or yet,

510
00:23:30,200 --> 00:23:32,119
Speaker 6: so we hadn't been living together for three years, so

511
00:23:32,160 --> 00:23:35,720
Speaker 6: it was very much his obviously, Like with getting married

512
00:23:35,760 --> 00:23:38,040
Speaker 6: and with everything that's happened to mum, we've decided we

513
00:23:38,119 --> 00:23:39,600
Speaker 6: really want to be a real unit when it comes

514
00:23:39,640 --> 00:23:41,840
Speaker 6: to our finances. So we've had quite a lot of

515
00:23:41,920 --> 00:23:46,639
Speaker 6: chance about like, you know, sharing, Like I know completely

516
00:23:46,680 --> 00:23:49,360
Speaker 6: sharing isn't for everyone, but I think for us, we've

517
00:23:49,359 --> 00:23:52,080
Speaker 6: decided that's the approach we want to take, just because

518
00:23:52,359 --> 00:23:55,000
Speaker 6: we've seen what happens where like, I guess we'll think

519
00:23:55,040 --> 00:23:56,600
Speaker 6: Mum and dad they thought they were sharing and then

520
00:23:56,920 --> 00:23:59,200
Speaker 6: turned out they weren't and it became really stressful and

521
00:23:59,320 --> 00:24:02,720
Speaker 6: like a kind of traumatic situation. So for us, we

522
00:24:02,840 --> 00:24:05,480
Speaker 6: kind of sat down and quite recently at the start

523
00:24:05,520 --> 00:24:08,160
Speaker 6: of this year, we sort of talked through like our

524
00:24:08,240 --> 00:24:12,200
Speaker 6: various investments and how we want to go about. Yeah,

525
00:24:12,240 --> 00:24:14,000
Speaker 6: I guess making them shared. So I think we'll make

526
00:24:14,040 --> 00:24:17,280
Speaker 6: an appointment with the fund and try and get the

527
00:24:17,359 --> 00:24:18,960
Speaker 6: names you added.

528
00:24:19,080 --> 00:24:21,040
Speaker 5: Yeah, yeah, me edded, Yeah, that's one.

529
00:24:21,280 --> 00:24:24,040
Speaker 4: It's always just interesting asking about that stuff because it

530
00:24:24,080 --> 00:24:26,879
Speaker 4: is pervy, and I appreciate that it's a very pervy

531
00:24:26,920 --> 00:24:28,120
Speaker 4: topic that you probably won't like.

532
00:24:28,080 --> 00:24:30,560
Speaker 2: Oh he's going to ask me about this, But I just.

533
00:24:30,720 --> 00:24:33,080
Speaker 4: Know that people listening are going to go, oh, that's

534
00:24:33,119 --> 00:24:36,840
Speaker 4: really interesting. Actually how it actually came to fruition And

535
00:24:36,920 --> 00:24:39,960
Speaker 4: when your mom passed away, is there an inheritance there

536
00:24:40,119 --> 00:24:43,240
Speaker 4: or is that there will basically passed everything to dad

537
00:24:43,400 --> 00:24:46,639
Speaker 4: and that will be a conversation for hopefully fifty sixty

538
00:24:46,720 --> 00:24:47,439
Speaker 4: years in the future.

539
00:24:48,000 --> 00:24:50,920
Speaker 6: Yeah, so everything has been passed to dad, but partially

540
00:24:50,960 --> 00:24:53,240
Speaker 6: because he hasn't been super aware of his own finance

541
00:24:53,280 --> 00:24:54,919
Speaker 6: and he's had to rely on us for a bit

542
00:24:54,920 --> 00:24:56,520
Speaker 6: of support, we kind of know what's there.

543
00:24:56,800 --> 00:24:58,399
Speaker 5: Yeah, And he's been very open.

544
00:24:58,160 --> 00:25:00,879
Speaker 6: About like talking about what the options would look like

545
00:25:00,920 --> 00:25:04,240
Speaker 6: for receiving an inheritance later.

546
00:25:04,080 --> 00:25:05,520
Speaker 5: On once he's passed away.

547
00:25:06,000 --> 00:25:07,959
Speaker 6: But also he's kind of said he's open to like

548
00:25:08,560 --> 00:25:11,200
Speaker 6: a portion of it earlier if we needed.

549
00:25:10,960 --> 00:25:12,480
Speaker 5: Support with like a house or something.

550
00:25:12,520 --> 00:25:15,160
Speaker 6: So yeah, I feel quite lucky that he's been really

551
00:25:15,160 --> 00:25:17,119
Speaker 6: honest and upfront about that kind of stuff.

552
00:25:17,160 --> 00:25:20,080
Speaker 4: So yeah, that's very cool. And I think that, you know,

553
00:25:20,240 --> 00:25:23,199
Speaker 4: having worked in this space quick refresher, I used to

554
00:25:23,280 --> 00:25:26,400
Speaker 4: work as a financial advisor, which I think everybody knows,

555
00:25:26,440 --> 00:25:28,480
Speaker 4: but I either worked with ultra high net wealth people

556
00:25:28,600 --> 00:25:31,879
Speaker 4: or people who were dealing with an inheritance. And I

557
00:25:31,880 --> 00:25:34,840
Speaker 4: feel like when that conversation comes up in a situation

558
00:25:35,000 --> 00:25:39,520
Speaker 4: like yours, getting an inheritance in advance would probably have

559
00:25:39,640 --> 00:25:42,520
Speaker 4: been a really awkward conversation even if it ever came up,

560
00:25:42,560 --> 00:25:44,280
Speaker 4: but wouldn't have been really an option. They would be like,

561
00:25:44,320 --> 00:25:47,800
Speaker 4: what the hell? And now something really traumatic has happened.

562
00:25:47,840 --> 00:25:50,040
Speaker 4: You've lost your mum, I think your dad is probably

563
00:25:50,119 --> 00:25:53,040
Speaker 4: Do you think his mindset on it has shifted to actually,

564
00:25:53,080 --> 00:25:55,520
Speaker 4: life is really fragile. I'd love to see my kids

565
00:25:55,920 --> 00:25:59,520
Speaker 4: thrive while I'm around. Do you think that there has

566
00:25:59,560 --> 00:26:02,240
Speaker 4: been like a big mindset shift around the way I

567
00:26:02,240 --> 00:26:03,800
Speaker 4: guess life is approached now.

568
00:26:03,720 --> 00:26:05,320
Speaker 5: Too, Yeah, for sure.

569
00:26:05,520 --> 00:26:08,879
Speaker 6: Like I think that's a massive reason why we are

570
00:26:09,080 --> 00:26:13,240
Speaker 6: obviously going traveling, Like we know that, Like Mum was

571
00:26:13,240 --> 00:26:14,840
Speaker 6: one year off retiring.

572
00:26:15,080 --> 00:26:18,560
Speaker 2: No, what a stitch up.

573
00:26:18,280 --> 00:26:21,040
Speaker 5: I know, So it was really shitty.

574
00:26:21,720 --> 00:26:23,960
Speaker 6: She and Dan had all these plans for seeing the

575
00:26:23,960 --> 00:26:26,119
Speaker 6: world and traveling together because they never really got to

576
00:26:26,119 --> 00:26:28,639
Speaker 6: do that. And I think like for my partner and

577
00:26:28,640 --> 00:26:31,919
Speaker 6: I were like, okay, well we need to do that

578
00:26:32,080 --> 00:26:34,320
Speaker 6: because you know, it's not a given that you're going

579
00:26:34,400 --> 00:26:36,439
Speaker 6: to make it to retirement. So like there needs to

580
00:26:36,440 --> 00:26:40,240
Speaker 6: be a balance between making reasonable contributions to your KI,

581
00:26:40,320 --> 00:26:43,359
Speaker 6: we say, but also having a life and enjoying life

582
00:26:43,359 --> 00:26:45,920
Speaker 6: while it's here. And I think same said for Dan,

583
00:26:46,080 --> 00:26:49,280
Speaker 6: like we've been really encouraging him to, you know, grab

584
00:26:49,320 --> 00:26:51,400
Speaker 6: life by the horns and make sure he lives his

585
00:26:51,480 --> 00:26:55,000
Speaker 6: life his retirement, like for Mum as well, Like yeah,

586
00:26:55,000 --> 00:26:56,919
Speaker 6: that he goes to the places that they wanted to

587
00:26:56,960 --> 00:26:59,600
Speaker 6: go to, even if it's a little bit different, and

588
00:26:59,720 --> 00:27:02,080
Speaker 6: just enjoy everything while it's here.

589
00:27:02,680 --> 00:27:03,040
Speaker 1: Yeah.

590
00:27:03,080 --> 00:27:05,520
Speaker 4: And I know it's not even been a year yet,

591
00:27:05,520 --> 00:27:07,600
Speaker 4: because you said, last year my mom passed away.

592
00:27:08,119 --> 00:27:09,080
Speaker 2: How's your dad doing.

593
00:27:09,280 --> 00:27:11,680
Speaker 6: I'm like really proud of him, to be honest. He's

594
00:27:11,760 --> 00:27:16,040
Speaker 6: been a real trooper. Like it was such a shock.

595
00:27:16,440 --> 00:27:19,080
Speaker 6: We just weren't anticipating it at all. Happened when they

596
00:27:19,080 --> 00:27:23,280
Speaker 6: were on holiday. Oh no. And it's just such a

597
00:27:23,320 --> 00:27:26,800
Speaker 6: massive mindset shift, Like he and Mum had such a

598
00:27:26,840 --> 00:27:30,600
Speaker 6: plan for retirement. They were gonna, like, you know, probably

599
00:27:30,640 --> 00:27:33,399
Speaker 6: move out of the family home and find someone to

600
00:27:33,440 --> 00:27:35,879
Speaker 6: live and do all this travel. And now he's like, well,

601
00:27:36,200 --> 00:27:38,160
Speaker 6: where am I going to go? It feels like such

602
00:27:38,160 --> 00:27:40,760
Speaker 6: a massive decision. Who am I going to travel with?

603
00:27:41,000 --> 00:27:44,400
Speaker 6: Who am I just like, you know, talking to about

604
00:27:44,800 --> 00:27:46,800
Speaker 6: silly things like how your day's been.

605
00:27:46,920 --> 00:27:48,800
Speaker 4: It's so true though, you just take all of it

606
00:27:48,840 --> 00:27:51,480
Speaker 4: for granted, even though you don't mean to until something

607
00:27:51,600 --> 00:27:52,440
Speaker 4: like this happens.

608
00:27:52,920 --> 00:27:56,520
Speaker 6: Yeah, definitely. So it's been huge. Like I said earlier,

609
00:27:56,560 --> 00:27:58,480
Speaker 6: mom she was kind of running the household. So he's

610
00:27:58,520 --> 00:28:01,440
Speaker 6: been like learning how to kind of cook again and

611
00:28:01,520 --> 00:28:04,400
Speaker 6: you know, all that kind of stuff too, So he's

612
00:28:04,720 --> 00:28:07,200
Speaker 6: really taking it in his stride, like I know he'll

613
00:28:07,240 --> 00:28:09,600
Speaker 6: be fine, but I think it's been a rocky road

614
00:28:09,640 --> 00:28:12,199
Speaker 6: and I think there's probably still quite a lot to

615
00:28:12,280 --> 00:28:15,800
Speaker 6: cross before things are kind of like it's some kind

616
00:28:15,800 --> 00:28:17,119
Speaker 6: of semblance of normal.

617
00:28:17,480 --> 00:28:21,040
Speaker 4: Ah, well, sending you and your family lots and lots

618
00:28:21,040 --> 00:28:24,280
Speaker 4: of love, Thank you. I do want to ask, now, though,

619
00:28:24,560 --> 00:28:26,199
Speaker 4: what do you think your best money habit is?

620
00:28:26,240 --> 00:28:27,560
Speaker 2: Do you think it came from your mum?

621
00:28:28,440 --> 00:28:29,680
Speaker 5: I think so.

622
00:28:29,920 --> 00:28:32,320
Speaker 2: I have a sneaker suspicion that might be the case.

623
00:28:33,200 --> 00:28:36,120
Speaker 6: Yeah, I think she was so organized. I think I

624
00:28:36,160 --> 00:28:38,280
Speaker 6: can't say that I'm nearly as organized as she was,

625
00:28:38,320 --> 00:28:41,680
Speaker 6: but I think getting there strike yeah, baby steps. The

626
00:28:41,720 --> 00:28:45,200
Speaker 6: planning streak is there. I'm quite good at delayed gratifications,

627
00:28:45,240 --> 00:28:48,600
Speaker 6: so I don't impulse spin very often. But that probably

628
00:28:48,720 --> 00:28:52,440
Speaker 6: leads into my worst money habit as well. But she's

629
00:28:52,600 --> 00:28:56,840
Speaker 6: like getting quite stressed about spending money or like feeling

630
00:28:56,840 --> 00:28:58,840
Speaker 6: guilty if I spend money, because I think, on the

631
00:28:58,880 --> 00:29:03,000
Speaker 6: flip side of all this, I think that life is

632
00:29:03,040 --> 00:29:04,880
Speaker 6: short and I should spend And then on the other

633
00:29:04,960 --> 00:29:06,880
Speaker 6: side of things, I'm like, well, something could happen, and

634
00:29:06,880 --> 00:29:08,200
Speaker 6: I might need it really quickly.

635
00:29:08,280 --> 00:29:10,640
Speaker 5: So I'm sort of like navigating that.

636
00:29:10,880 --> 00:29:13,800
Speaker 4: Finding a balance is important and really hard, and maybe

637
00:29:13,800 --> 00:29:15,960
Speaker 4: I will do a podcast on finding balance, but like

638
00:29:15,960 --> 00:29:17,240
Speaker 4: the whole podcast would be like.

639
00:29:17,400 --> 00:29:18,840
Speaker 2: There's actually no right or wrong.

640
00:29:19,720 --> 00:29:22,280
Speaker 4: Balance for you looks different to me, and even looks

641
00:29:22,280 --> 00:29:24,320
Speaker 4: different to my partner, even though we live in the

642
00:29:24,360 --> 00:29:27,160
Speaker 4: same house and just like you and your partner share

643
00:29:27,240 --> 00:29:32,360
Speaker 4: finances completely connected. So I find it, yeah, really really interesting.

644
00:29:32,440 --> 00:29:34,120
Speaker 4: But it's one of those things that I think you're

645
00:29:34,120 --> 00:29:36,920
Speaker 4: consistently working on is what does it look like? And

646
00:29:37,640 --> 00:29:40,240
Speaker 4: right now, obviously there's a lot that you're going through,

647
00:29:40,240 --> 00:29:42,360
Speaker 4: but then you're also planning some really big things. So

648
00:29:42,400 --> 00:29:44,560
Speaker 4: balance right now is probably going to look a lot

649
00:29:44,600 --> 00:29:47,280
Speaker 4: different to you know, in five or ten years time,

650
00:29:47,320 --> 00:29:49,160
Speaker 4: when you're like, oh, we really want to settle down,

651
00:29:49,160 --> 00:29:50,560
Speaker 4: we want to do this, we want to do that,

652
00:29:51,160 --> 00:29:54,640
Speaker 4: and balance will look differently again. Like even me right now,

653
00:29:54,920 --> 00:29:58,080
Speaker 4: going through this whole process of having a baby, I'm like, well,

654
00:29:58,360 --> 00:30:01,560
Speaker 4: my priorities is shifting. Told me this would happen, and

655
00:30:01,680 --> 00:30:04,320
Speaker 4: I didn't believe them. I was like, no, I'm a

656
00:30:04,400 --> 00:30:08,200
Speaker 4: money queen, Like I'm all over the story, guys, I've

657
00:30:08,280 --> 00:30:13,080
Speaker 4: changed everything, Like it's really obnoxious. It's really important to

658
00:30:13,160 --> 00:30:16,080
Speaker 4: kind of like always readdress it. But it's nice to

659
00:30:16,120 --> 00:30:18,040
Speaker 4: be open and honest about like, oh that does make

660
00:30:18,040 --> 00:30:21,720
Speaker 4: me anxious. Maybe having a think about why could help you.

661
00:30:22,040 --> 00:30:26,160
Speaker 4: I guess guide forward money, Darrest. I feel like we

662
00:30:26,240 --> 00:30:29,000
Speaker 4: have talked a lot. This has been a beautiful, eye

663
00:30:29,000 --> 00:30:31,040
Speaker 4: opening chat. Thank you so much for sharing. I guess

664
00:30:31,040 --> 00:30:33,520
Speaker 4: so much about your mama. Like it's so nice to

665
00:30:33,560 --> 00:30:36,680
Speaker 4: talk about people who are no longer here because you

666
00:30:36,720 --> 00:30:39,880
Speaker 4: know their spirit lives on. But I also just feel

667
00:30:39,880 --> 00:30:42,280
Speaker 4: like sometimes in hindsight we get to learn so much

668
00:30:42,360 --> 00:30:43,560
Speaker 4: through them still.

669
00:30:43,600 --> 00:30:44,760
Speaker 2: As well, for sure.

670
00:30:45,040 --> 00:30:48,120
Speaker 4: But at the start of the episode, you said, oh,

671
00:30:48,120 --> 00:30:50,040
Speaker 4: I think I'm a B plus to an AS, and

672
00:30:50,080 --> 00:30:52,719
Speaker 4: I was like, okay, no worries, and like I couldn't

673
00:30:52,720 --> 00:30:55,200
Speaker 4: agree more, But like, what would it take to get

674
00:30:55,240 --> 00:30:56,120
Speaker 4: to an A plus?

675
00:30:56,120 --> 00:30:57,920
Speaker 2: Like what would that look like in your eyes?

676
00:30:58,240 --> 00:31:02,200
Speaker 6: I think it would be like being more confident in

677
00:31:02,240 --> 00:31:05,320
Speaker 6: the way that I am choosing to spend, and like,

678
00:31:06,400 --> 00:31:09,360
Speaker 6: I guess, structure my money. I think that's probably what

679
00:31:09,440 --> 00:31:13,200
Speaker 6: it would be. I think knowing that it's probably all

680
00:31:13,200 --> 00:31:15,280
Speaker 6: going to be fine and not trying to kind of

681
00:31:15,320 --> 00:31:17,760
Speaker 6: sick and guess all my decision making and just be like, no,

682
00:31:17,920 --> 00:31:21,320
Speaker 6: this is what is working for me, and I'm happy

683
00:31:21,360 --> 00:31:23,480
Speaker 6: with that, and I'm not sick and kissing myself. I

684
00:31:23,480 --> 00:31:25,400
Speaker 6: think that would be for me what it would take

685
00:31:25,480 --> 00:31:26,080
Speaker 6: to get to an.

686
00:31:25,960 --> 00:31:26,920
Speaker 2: A plus love.

687
00:31:27,080 --> 00:31:30,560
Speaker 4: Unfortunately, that is all we have time for today. Money dirist,

688
00:31:30,600 --> 00:31:32,800
Speaker 4: it has been beautiful chatting to one of our friends

689
00:31:32,840 --> 00:31:35,240
Speaker 4: across the ditch. I wouldn't be mad if you came

690
00:31:35,240 --> 00:31:37,520
Speaker 4: and lived in Australia, like we would be better off

691
00:31:37,560 --> 00:31:37,960
Speaker 4: for it.

692
00:31:38,320 --> 00:31:40,160
Speaker 2: But it has been so nice chatting to you.

693
00:31:40,200 --> 00:31:41,800
Speaker 4: I feel like I've got a lot out of this

694
00:31:41,920 --> 00:31:43,760
Speaker 4: diary at a note that a lot of people in

695
00:31:43,800 --> 00:31:46,160
Speaker 4: our community have as well, So thank you.

696
00:31:46,440 --> 00:31:47,640
Speaker 2: It's really appreciated.

697
00:31:48,240 --> 00:31:49,160
Speaker 5: Thank you so much.

698
00:31:56,000 --> 00:31:57,440
Speaker 2: They'd buy shared on cheese.

699
00:31:57,480 --> 00:31:59,920
Speaker 7: On the Money is generally nature and does not can

700
00:32:00,080 --> 00:32:04,120
Speaker 7: citer your individual circumstances. She's on the Money exists purely

701
00:32:04,120 --> 00:32:07,080
Speaker 7: for educational purposes and should not be relied upon to

702
00:32:07,120 --> 00:32:10,440
Speaker 7: make an investment or financial decision. If you do choose

703
00:32:10,480 --> 00:32:13,400
Speaker 7: to buy a financial product, read the PDS TMD and

704
00:32:13,520 --> 00:32:18,040
Speaker 7: obtain appropriate financial advice tailored towards your needs. Victoria divine

705
00:32:18,160 --> 00:32:21,520
Speaker 7: and She's on the money. Are authorized representatives of money

706
00:32:21,520 --> 00:32:25,800
Speaker 7: sheper pty Ltd ABN three two one six four nine

707
00:32:25,920 --> 00:32:29,800
Speaker 7: two seven seven zero eight AFSL four five one two

708
00:32:29,880 --> 00:32:38,520
Speaker 7: eight nine