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Speaker 1: Hello.

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Speaker 2: My name's Santasha Nabananga Bamblet. I'm a proud yr the

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Speaker 2: Order Kerney Whoalbury and a waddery woman. And before we

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Speaker 2: get started on She's on the Money podcast, I would

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Speaker 2: like to acknowledge the traditional custodians of the land of

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Speaker 2: which this podcast is recorded on a wondery country, acknowledging

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Speaker 2: the elders, the ancestors and the next generation coming through.

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Speaker 2: As this podcast is about connecting, empowering, knowledge sharing and

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Speaker 2: the storytelling of you to make a difference for today

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Speaker 2: and lasting impact for tomorrow.

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Speaker 1: 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 to She's on the Money podcast for

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Speaker 4: people who love a bargain. My name is Becksided and

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Speaker 4: as usual, I'm joined by Victoria Divine. Hello, Bet Divine Victoria.

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Speaker 5: I am very excited about this episode because anything I

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Speaker 5: love a little bargain and one of the biggest bargain

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Speaker 5: days ever is coming up.

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Speaker 1: And people have already been dming me.

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Speaker 5: They're like, Victoria, I don't mean to enable you, but

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Speaker 5: look at this list of discounts. I'm like, look, I'm

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Speaker 5: probably not gonna post it to my stories, but I

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Speaker 5: am going to do a little sneaky screenshot so I

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Speaker 5: can save it for myself for later. Yes, So like

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Speaker 5: not mad, just kind of trying not to enable the

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Speaker 5: rest of the community because I think so many of

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Speaker 5: us are a little bit like tap happy, and spending

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Speaker 5: is like really hard to control when there's a big sale.

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Speaker 1: So what are we talking about today? Beck?

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Speaker 4: Okay, So it's a dangerous time of year. We are

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Speaker 4: talking about Black Friday. We are the slippery slope. And

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Speaker 4: if you have even an ounce of self control, I

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Speaker 4: feel like you're kind of safe. But I don't, and

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Speaker 4: anyone like I don't.

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Speaker 6: I don't have any need to.

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Speaker 1: Do I because I got ADHD.

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Speaker 5: You know, there's so many people in the same boat

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Speaker 5: as us, But we should not have been put on

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Speaker 5: a podcast together, like who did this?

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Speaker 6: A financial potridad this?

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Speaker 5: I did this When picking a new co host, I

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Speaker 5: was like, Beck, do you want to come on the pod?

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Speaker 5: And You're like yes, And now we just like get

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Speaker 5: together and vibe off each other and I don't do

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Speaker 5: any work.

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Speaker 6: We're very bad influence.

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Speaker 1: Let's go shopping.

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Speaker 6: But we have touched on Black.

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Speaker 4: Friday before, and I wonder what actually is it all right?

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Speaker 5: So Black Friday actually originated in America, which I've just

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Speaker 5: come back from, and is a huge sale that is

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Speaker 5: post their Thanksgiving. It's held on the fourth Friday of

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Speaker 5: November each and every single year, and officially finishes on

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Speaker 5: the following Monday, which they call Cyber Monday. Nowadays, it's

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Speaker 5: obviously now grown beyond America and is an international event

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Speaker 5: that spans long past the last Friday in November. Because

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Speaker 5: if brands are good at anything, it is milking a

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Speaker 5: sale that drives revenue. It's like, if I had a

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Speaker 5: product based business, I'd be like, well, Black Friday every

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Speaker 5: day back, but you might actually start seeing sales advertised

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Speaker 5: at the beginning of November or even earlier than that.

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Speaker 5: I feel like I've been seeing all of these posts

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Speaker 5: and people have been sending me like Black Friday cheat

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Speaker 5: codes and stuff since early October, so I don't think

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Speaker 5: it is uncommon for them to start early. But like,

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Speaker 5: if again, I had a product based business, you best

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Speaker 5: believe I'd.

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Speaker 1: Be like, hey, Beck, we're having a sale. Keep an

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Speaker 1: eye out, you know.

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Speaker 6: Yes, very very cheeky and effective.

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Speaker 4: Yeah it is ver recent of the time, but yes,

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Speaker 4: it is a very hectic time of year and it

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Speaker 4: is coming up soon, so it can be quite overwhelming

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Speaker 4: for a lot of people, especially if you've been saving

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Speaker 4: and you feel like this urge to just spend, spend, spend,

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Speaker 4: especially because it's like, oh, well, it's just one time

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Speaker 4: of year where everything I want is on special.

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Speaker 6: So it may as well spend.

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Speaker 1: But it's probably not.

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Speaker 6: Maybe as smart as we it's not.

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Speaker 5: We can be smart, though, can It's what we do

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Speaker 5: in the She's on the Money community totally. We absolutely

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Speaker 5: need to be smart with this because even though people

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Speaker 5: are sending me the cheat codes and people are letting

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Speaker 5: me know that these sales are happening, I actually have

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Speaker 5: a little list in my phone of things I want

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Speaker 5: to purchase because it's no secret now that I'm having

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Speaker 5: a baby next year.

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Speaker 1: Yes, they're so expensive, bet I know. So I've got

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Speaker 1: like this.

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Speaker 5: List of things that I know I need to purchase.

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Speaker 5: But my plan is to purchase them during the Black

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Speaker 5: Friday sales because I've heard on the grapevine that's like

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Speaker 5: the best discount I can get for the products I'm

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Speaker 5: looking for. So, like, I think we need to have

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Speaker 5: a bit of a plan going into it.

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Speaker 4: Okay, I did want to touch on the amount that

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Speaker 4: we spend. I want to know, like how much you

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Speaker 4: think we spend on average on Black Friday? Many many, many,

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Speaker 4: many many dollars, so many dollar rus So.

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Speaker 5: NAB did some research last year and the NAB transaction

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Speaker 5: data from last year's Black Friday showed the following beck,

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Speaker 5: I've got three dot points for you. Australia spent a

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Speaker 5: whopping seven point.

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Speaker 1: One billion dollars billion.

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Speaker 5: Nearly one billion dollar more than was predicted by the

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Speaker 5: Australian Retailers Associate. NAB says the biggest spend increase happened

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Speaker 5: in Victoria and Tasmania up twenty percent, followed by ACT

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Speaker 5: and WA up seventeen and twelve percent respectively. In fact,

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Speaker 5: the AARA says we get twenty five percent of our

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Speaker 5: Christmas shopping done and dusted, oh Black Friday.

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Speaker 1: Which that's smart people doing smart things.

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Speaker 6: Yeah, that's the sounds are bad.

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Speaker 1: Christmas spending is expensive. Why do you think we're talking

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Speaker 1: about this now?

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Speaker 6: Huh oh smart, we're.

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Speaker 5: Smart, but we also want you to get your ducks

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Speaker 5: in a row and if you can save some money

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Speaker 5: going into arguably the most expensive period of the year,

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Speaker 5: Like I want you to have all the tips and

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Speaker 5: tricks and tools, so I guess you are empowered instead

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Speaker 5: of being disempowered during this period of time because like

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Speaker 5: so many of us regret spending. But if we have

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Speaker 5: a plan and you're spending on things that you arguably

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Speaker 5: had to anyway, is that not a money winback.

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Speaker 4: I'm just curious though, like, are these sales good or

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Speaker 4: is it just like the way it's marketed to us,

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Speaker 4: like we actually saving money? Or is it just the

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Speaker 4: way that like our brains work.

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Speaker 1: Why not? So the A Triple C. This is real

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Speaker 1: snaky beck.

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Speaker 6: Okay.

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Speaker 5: They say that some retailers increase prices for a short

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Speaker 5: period immediately before their sales periods in order to justify

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Speaker 5: their discount claims during the sales. Unacceptable, That's exactly. That

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Speaker 5: is not cool. That's why the A Triple C is

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Speaker 5: stepping in there. What's more is that Black Friday can

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Speaker 5: be very costly for the environment, which I think we

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Speaker 5: need to touch on as well. Yes, because according to

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Speaker 5: a study done by money dot co dot UK, black

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Speaker 5: Friday in the UK alone was expected to emit three

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Speaker 5: hundred and eighty six thousand, two hundred and forty three

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Speaker 5: tons of greenhouse gas emissions, which is the same weight

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Speaker 5: as three thousand, six hundred and seventy nine blue whales.

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Speaker 1: Oh that's a lot of whales.

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Speaker 6: That's a lot of whales.

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Speaker 5: So from my perspective, it is worth questioning what the

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Speaker 5: true cost of these sales because as much as we

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Speaker 5: can save some dollar us, especially on things we were

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Speaker 5: going to buy anyway, there's clearly a overspend happening, regardless

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Speaker 5: of whether you're kind of justifying it, Oh, it's for

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Speaker 5: Christmas or whatnot. Like we all know that you're not

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Speaker 5: just buying clothes and apparel for Christmas, you know, come

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Speaker 5: on to you. We can justify it so far, but like,

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Speaker 5: let's be reasonable too, yes, exactly.

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Speaker 4: Wow, are you actually making me question a lot of

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Speaker 4: my recent purchases, which is.

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Speaker 1: Probably sorry, no, it's probably good. But I think why

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Speaker 1: isn't your questioning the vape purchasers? Weird?

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Speaker 6: Oh look that's the one that I like too.

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Speaker 1: That's an investment, according to you, into shortening.

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Speaker 4: Your life anyway, move on exactly, which actually is going

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Speaker 4: to save money because you.

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Speaker 5: Know what, if you would like something to be reframed,

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Speaker 5: we're going to start a new segment on the show

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Speaker 5: called Reframed by Beck. She would take your shitty life

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Speaker 5: situation and make it look amazing.

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Speaker 4: Make it positive exactly. I think it's a really good

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Speaker 4: place to quickly ponder. Let's go on a quick break.

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Speaker 1: T you're gonna have a bait.

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Speaker 6: I'm gonna have a babe. We're gonna have a tea

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Speaker 6: god with so in sync.

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Speaker 1: No, we're not in sync. I'm not on that page back.

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Speaker 6: You're not gonna vape. That's true.

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Speaker 4: All right, let's have a quick break, and then once

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Speaker 4: we come back, we're gonna help you get the most

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Speaker 4: out of Black Friday deals without the regret.

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Speaker 1: Slagh.

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Speaker 4: Okay, we are back in black No, you didn't Friday.

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Speaker 1: Yeah I knew where that was going.

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Speaker 4: I just want everyone to know, everyone listening, that wasn't

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Speaker 4: my joke, our producer, No, do not try.

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Speaker 6: I would never say something so bad.

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Speaker 1: Yes you would.

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Speaker 6: I would actually.

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Speaker 4: But we are back, and we're talking about Black Friday,

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Speaker 4: and it can be very tempting to see a good

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Speaker 4: sale and throw cash into it immediately without thinking. So

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Speaker 4: how important is it to go into this period with

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Speaker 4: a plan.

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Speaker 5: I would say very important. I mean I am an

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Speaker 5: ex financial plan nerve. So if you ask me if

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Speaker 5: a plan is essential, and then I say no, it's

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Speaker 5: invalidating my entire career. So we're gonna go and say yes,

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Speaker 5: the plan is essential. But I have some stats and

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Speaker 5: facts to back up why I say that.

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Speaker 6: Let's go there.

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Speaker 5: So a self financial study recently showed that forty two

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Speaker 5: percent of people actually ended up regretting their Black Friday

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Speaker 5: sales purchases.

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Speaker 1: No surprise is there.

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Speaker 5: A lot of items on sale on Black Friday are

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Speaker 5: arguably unnecessary, unwanted, cheap goods made from poor quality, unsustainable materials,

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Speaker 5: and we can be duped into buying things that we

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Speaker 5: don't actually want because of urgency traps and fomo and

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Speaker 5: unethical practices from retailers. How many times on the show

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Speaker 5: Beck have I said put twenty four hours between you

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Speaker 5: and you're spending. Many times, many times no one listens.

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Speaker 1: That's why we're still here.

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Speaker 5: But I think it's really important on Black Friday, especially

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Speaker 5: to remember that the sale will probably still be there tomorrow,

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Speaker 5: and if you are making a plan to purchase, then

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Speaker 5: you're putting more than twenty four hours between you and

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Speaker 5: your spending. So like, give a little bit of context here.

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Speaker 5: There are a few things that I really want from

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Speaker 5: a and say high end retailer, but like they're middle

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Speaker 5: Like they're a furniture company, and I know that they

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Speaker 5: usually have a thirty percent off sale during Black Friday,

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Speaker 5: and I want to purchase from them this little bookcase

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Speaker 5: they have and like a chest of draws for my nursery, right,

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Speaker 5: so I know that's what I want to purchase, and

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Speaker 5: going in, I'm already planning that I know where they're

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Speaker 5: going to go. I'm a psycho, so I have got

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Speaker 5: the masking tape out and put it on the floor

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Speaker 5: in the nursery just to make sure that it fits.

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Speaker 5: But it's one of those things where I've planned this

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Speaker 5: purchase so I will on Black Friday make a really

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Speaker 5: big purchase. But I've known for weeks that that's what

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Speaker 5: I want to do, and I want you to be

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Speaker 5: in the same position totally. I don't actually want you

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Speaker 5: and no shade to the Iconic. I'm obsessed with the Iconic,

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Speaker 5: but it's like going into Kmart, I cannot walk away

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Speaker 5: from that app with the one thing I went there for,

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Speaker 5: Like I have to go on to the Iconic and

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Speaker 5: then I put one thing in my bag and then

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Speaker 5: it's like, you might like this.

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Speaker 1: I'm like, how did you know?

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Speaker 6: How?

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Speaker 1: I need that too?

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Speaker 6: You know me so well, you know me so well.

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Speaker 5: I love you guys, and then I end up spending

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Speaker 5: so much more. We need to be really cautious of

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Speaker 5: that happening on the platforms that we already are comfortable

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Speaker 5: with that are gonna have even better sales because you

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Speaker 5: just know the Iconic is gonna have a sleigh sale

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Speaker 5: right totally.

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Speaker 1: This isn't sponsored. I just know what's gonna happen.

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Speaker 6: We just know we can always right, just know.

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Speaker 1: So I think it's really important to understand that.

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Speaker 5: But in combination with all of that, Commonwealth Bank card

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Speaker 5: data is showing that we are actually spending individually approximately

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Speaker 5: five hundred dollars each on Black Friday sales. So that's

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Speaker 5: five hundred bucks from my perspective, straight down the drain

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Speaker 5: for nearly half of all of us every single year.

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Speaker 5: So five hundred dollars that gets wasted when the cost

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Speaker 5: of living crisis is so high, I think is exorbitant.

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Speaker 5: So will I be making a five hundred dollar purchase

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Speaker 5: this Black Friday?

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Speaker 1: Yes?

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Speaker 6: But the takeaway is yes, we will be spending wee.

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Speaker 5: No, But it's also really important to go okay, cool, Yes,

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Speaker 5: they collect all of this awesome data and say, oh,

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Speaker 5: I'm Black Friday back. We can see that people spend more.

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Speaker 5: Sure are those people spending more because they're like me

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Speaker 5: and they're priming these purchases and going, well, I'm not

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Speaker 5: going to buy it when I know in a couple

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Speaker 5: of weeks Black Friday is going to happen and I'm

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Speaker 5: going to get thirty percent off those goods that I

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Speaker 5: was going to buy anyway, in which case I'm happy

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Speaker 5: to be part of that number.

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Speaker 1: I don't mind.

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Speaker 5: But is it us spending five hundred dollars because it

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Speaker 5: was one am? I got another notification in my emails

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Speaker 5: when I was meant to be sleeping, but I was

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Speaker 5: scrolling TikTok, I clicked it, I went to the iconic

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Speaker 5: and went down a rabbit hole and now I have

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Speaker 5: a new wardrobe.

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Speaker 1: Is that what happened?

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Speaker 5: Or did I actually plan that purchase? So we need

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Speaker 5: to be really careful that we know the difference between

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Speaker 5: the two. And obviously there are some tips and tricks

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Speaker 5: to avoid that slippery slope.

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Speaker 4: Yes, absolutely great, advice fee. I'm just here trying my best,

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Speaker 4: you know, and your best is good enough. Sometimes my

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Speaker 4: best is not good enough, but today it will do. Personally,

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Speaker 4: I can't afford to just drop five hundred dollars or

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Speaker 4: some crappy sometimes not crappy.

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Speaker 5: Just most people can't just FYI like, it's not actually

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Speaker 5: normal to re I guess iterate this. I've said this

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Speaker 5: on the podcast before as well. The average Australian does

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Speaker 5: not have access to five hundred dollars in an emergency. Yes,

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Speaker 5: so the fact that we are then spending five hundred

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Speaker 5: dollars during Black Friday sales that we might not have,

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Speaker 5: especially when you're saying I can't afford to spend five

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Speaker 5: hundred bucks feet on just stuff that I didn't need,

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Speaker 5: well that makes sense because most Australians don't have access

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Speaker 5: to five hundred dollars in an emergency if they're like

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Speaker 5: car tires blue or something, so I just in a

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Speaker 5: cost of living crisis. It just blows my mind how

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Speaker 5: much we are spending. At the same time as being like, oh,

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Speaker 5: I kind of get it if you're like me and

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Speaker 5: you're planning your purchases, but that's why we need to

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Speaker 5: talk about it. Yeah, like it's not all bad. As

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Speaker 5: I said earlier, some of us are actually, like, you know,

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Speaker 5: knocking off what twenty five percent of our Christmas shopping

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Speaker 5: during this period. And that's to me quite smart because

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Speaker 5: you were going to spend that anyway.

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Speaker 6: Yes, So okay, how do we plan this? What does

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Speaker 6: that look like?

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Speaker 1: Okay?

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Speaker 5: So I have written down a list. I have like

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Speaker 5: maybe seven or eight dot points. As you guys know,

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Speaker 5: I love a dot point because we can be efficient

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Speaker 5: and quick and get the information in your ear.

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Speaker 1: Holes as soon as possible.

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Speaker 5: So first things first, I've written down make a list

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Speaker 5: of items that you want to purchase. If you're like me,

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Speaker 5: you have an album on your phone where you have

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Speaker 5: screenshop people's tiktoks of stuff that you want, Yes, play great.

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Speaker 5: Is there something you've been saving up for and you

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Speaker 5: can actually get for a cheaper price during this period

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Speaker 5: of time? Do you actually have a list of presents

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Speaker 5: that you want to buy and get during this time?

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Speaker 5: If you say no, but you do Christmas shopping, now

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Speaker 5: is the time to do a Christmas buying list. There's

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Speaker 5: a free Christmas shopping list on our website if you

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Speaker 5: want to go download it where it says, put down

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Speaker 5: all of your friends and family names, how much is

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Speaker 5: your budget, what are you purchasing for them?

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Speaker 1: How could that work?

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Speaker 5: And I think that that can really help you go wow, like, oh,

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Speaker 5: I allocated fifty bucks to each person, because in your

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Speaker 5: head that's not that much. And then when you see

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Speaker 5: it compounded and the list of names down the side

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Speaker 5: of the page and you go, that's now one thousand

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Speaker 5: dollars on Christmas, you might go back to the drawing

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Speaker 5: board and be like, do you know what We're going

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Speaker 5: to do some DIY. We're going to make Christmas cards

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Speaker 5: this year. And I think that that's really important because

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Speaker 5: it's November, right, Like, we want to be getting ahead

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Speaker 5: of the game. And you know, Jess and I you

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Speaker 5: guys know, Jess, we have some crafty little DIY Christmas

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Speaker 5: presents that you can make this year that I am

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Speaker 5: making this year that I think will work really well.

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Speaker 5: But I think we need to just be a little

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Speaker 5: bit more planned. Right again, we're in the middle of

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Speaker 5: a cost of living crisis. We should be caring about

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Speaker 5: what we're spending because at the end of the day,

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Speaker 5: every single dollar counts. The next we're going to do

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Speaker 5: our research. As I said before, they can be fake

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Speaker 5: price drops. So if there is an item that you

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Speaker 5: have in mind, start doing your research now and what

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Speaker 5: it's going to cost and what kind of deal you

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Speaker 5: could potentially get. This is my favorite. I'm going to

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Speaker 5: recommend a product, but it's like not sponsored. Sure, I

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Speaker 5: feel like on the podcast we recommend a lot of stuff.

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Speaker 5: None of it's sponsored unless I tell you it is.

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Speaker 5: My friends, I just like sharing. The next year is

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Speaker 5: we're going to unsubscribe from our emails. I'm really sorry.

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Speaker 5: As I said to you before, Iconic, I am deeply

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Speaker 5: in love with you, but I need you to stop

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Speaker 5: emailing me.

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Speaker 1: I really do.

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Speaker 5: It's not working because I will click the email, I

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Speaker 5: will go through. I do need to see what is

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Speaker 5: now on sale. They're too good, I do, right, I know.

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Speaker 5: But the company that I want to recommend is actually

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Speaker 5: just a website.

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Speaker 1: It's called unrolled dot me.

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Speaker 5: Oh, and it is a website for decluttering your inbox

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Speaker 5: and it's so so easy. Basically, you can unsubscribe from

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Speaker 5: unwanted emails and keep the ones that you do want.

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Speaker 5: It's an app right that you like install, connect to

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Speaker 5: your emails and then it goes through and you just

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Speaker 5: tick boxes and it unsubscribes for you, so you don't

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Speaker 5: have to do it individually, like does.

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Speaker 1: It on a bulk?

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Speaker 6: So convenient.

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Speaker 5: It kind of like goes, hey, here are all the

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Speaker 5: marketing emails that we've identified. Do you want us to

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Speaker 5: unsubscribe from all of them? And then you untick the

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Speaker 5: ones you want to keep and then unsubscribe from the rest.

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Speaker 6: That is so convenient, kay right? I love that.

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Speaker 5: The next is consider quality purchases only, so making sure

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Speaker 5: that if you're gonna buy something is actually gonna last

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Speaker 5: back or is it just a cute top that you're

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Speaker 5: going to get one way out of and then it's going.

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Speaker 1: To fall apart? Right, not a sleigh?

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Speaker 5: No, ask yourself would you actually pay full price for this?

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Speaker 5: If the answer is no, I want you to rethink

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Speaker 5: your purchase before actually completing it, because if you wouldn't

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Speaker 5: pay full price, why are you buying in the first place.

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Speaker 6: That's a very good point, like if I.

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Speaker 5: Wouldn't spend the entire amount, I clearly don't like it

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Speaker 5: that much.

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Speaker 6: Yeah, you don't need it, you don't really want it? No, Yeah,

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Speaker 6: it's a really good point.

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Speaker 5: Again, put twenty four hours between you and your spending.

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Speaker 5: I couldn't say that enough. For people who are a

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Speaker 5: little bit impulsive, this really helps. Even if the sale

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Speaker 5: says it's sending in six hours, most of the time

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Speaker 5: they end up getting extended because do you know what

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Speaker 5: retailer is like.

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Speaker 1: Money coming in the doorback. Yes, so they're gonna be like, oh,

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Speaker 1: we've just extended this sale. What a surprise. We just

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Speaker 1: thought of this idea right now.

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Speaker 6: No one saw it coming, not even saw it.

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Speaker 5: Coming, not even us or our marketing strategy that we

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Speaker 5: put together twelve months ago for this, like they absolutely

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Speaker 5: knew what they were doing. Then check the quality of

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00:17:54,720 --> 00:17:58,120
Speaker 5: like components and tech items. Often retailers will actually sell

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Speaker 5: similar models at a lower but minus the features and

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Speaker 5: the high quality components. So like, if you're buying a TV,

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Speaker 5: it might be Led versus the O LED, And if

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Speaker 5: you know anything about TVs, you know one of those

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Speaker 5: is better than the other.

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Speaker 1: And I can't remember which is which.

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Speaker 5: You would have to ask my husband. But that is

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Speaker 5: a rant that he has been on before.

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Speaker 6: I see, Yeah, he's ready.

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Speaker 1: Yeah, that's a Steve tip. You welcome.

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Speaker 5: And the next this is going to be absolutely no

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Speaker 5: surprise to anybody.

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Speaker 1: Don't use after pay, don't like it's terrible idea.

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Speaker 6: That's right, it's terrible idea because it is.

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Speaker 5: A slippery slope. It is a slippery slope. And only

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Speaker 5: use after pay if you're like cash flowing it and

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Speaker 5: the money's already in your account and it's a fully

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Speaker 5: like planned out plan and it makes sense. But too

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Speaker 5: many people in our community have gone down that slippery slope,

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Speaker 5: found themselves in debt, and that has impacted them far

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Speaker 5: more than just getting a new pair of kicks.

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Speaker 6: Totally right. V.

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Speaker 4: Also, it feels so good when you make a one

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Speaker 4: off purchase. There is always like buyer's remorse if you

436
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Speaker 4: make a big purchase, but feels so much better knowing

437
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Speaker 4: that's done and dusted. I don't have to keep paying

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Speaker 4: for this thing over and over and over again.

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Speaker 6: That's it.

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Speaker 4: I think you've helped me save five hundred dollars.

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Speaker 1: Have I I think show where.

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Speaker 4: It is personally like Friday, it brings maybe like a

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Speaker 4: little bit of anxiety because I know myself. I know

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Speaker 4: I don't have any self regulation. That's what got me

445
00:19:15,760 --> 00:19:17,639
Speaker 4: into it in the first place. So it's good to

446
00:19:17,640 --> 00:19:19,040
Speaker 4: know it's a time of year where I know that,

447
00:19:19,119 --> 00:19:22,000
Speaker 4: like I'm going to have to avoid going out. But

448
00:19:22,400 --> 00:19:24,199
Speaker 4: it's also a bit exciting because, as you say, like,

449
00:19:24,200 --> 00:19:25,760
Speaker 4: if you do have a plan, if you make plan,

450
00:19:25,800 --> 00:19:27,679
Speaker 4: Ustmas is coming up, Like all of these things, there

451
00:19:27,720 --> 00:19:30,080
Speaker 4: are so many benefits to it. But for me, it's

452
00:19:30,119 --> 00:19:32,160
Speaker 4: just a little bit scary because I don't trust myself.

453
00:19:32,359 --> 00:19:34,440
Speaker 4: I would say, that's fair. How do you feel around

454
00:19:34,440 --> 00:19:34,960
Speaker 4: this time if.

455
00:19:34,920 --> 00:19:36,760
Speaker 5: I'm the same, Like at the end of the day,

456
00:19:36,960 --> 00:19:40,160
Speaker 5: I have shared with you guys that I am relatively

457
00:19:40,160 --> 00:19:43,240
Speaker 5: impulsive when it comes to purchases. It's why I don't

458
00:19:43,440 --> 00:19:45,439
Speaker 5: use platforms like I have to pay and you know

459
00:19:45,480 --> 00:19:48,040
Speaker 5: by now pay later platforms in general, because I just

460
00:19:48,119 --> 00:19:50,240
Speaker 5: know it wouldn't work for me. I have had a

461
00:19:50,240 --> 00:19:52,920
Speaker 5: credit card before, and I have abused a credit card before,

462
00:19:52,960 --> 00:19:55,000
Speaker 5: and I know I can't trust myself with one again.

463
00:19:55,080 --> 00:19:56,440
Speaker 1: Yes, like it just makes sense.

464
00:19:56,840 --> 00:19:58,600
Speaker 5: So I kind of look at it and go, well,

465
00:19:58,720 --> 00:20:01,520
Speaker 5: I know myself enough to know that this is not

466
00:20:01,600 --> 00:20:02,480
Speaker 5: a good time of year.

467
00:20:02,840 --> 00:20:03,480
Speaker 1: Flip it over.

468
00:20:03,560 --> 00:20:05,800
Speaker 5: I think I've told you historically about my best friend

469
00:20:05,920 --> 00:20:08,320
Speaker 5: who like uses after pay, but she's like a genius

470
00:20:08,359 --> 00:20:10,960
Speaker 5: at it, right, She'll go onto the iconic. She'll use

471
00:20:11,040 --> 00:20:12,879
Speaker 5: after pay to order a heap of dresses so she

472
00:20:12,920 --> 00:20:14,880
Speaker 5: can try them on. She keeps the one she wants

473
00:20:14,920 --> 00:20:16,639
Speaker 5: and she sends the rest back and all of that

474
00:20:16,720 --> 00:20:19,199
Speaker 5: money didn't come out of her account, Like she's actually

475
00:20:19,200 --> 00:20:19,800
Speaker 5: a genius.

476
00:20:20,000 --> 00:20:22,480
Speaker 1: If I get a bit package of dresses, Beck, yeah,

477
00:20:22,600 --> 00:20:23,200
Speaker 1: they don't fit.

478
00:20:23,440 --> 00:20:25,359
Speaker 5: You know what happens. They get thrown in the corner

479
00:20:25,400 --> 00:20:28,880
Speaker 5: of my room until the returns period of time has expired,

480
00:20:28,880 --> 00:20:32,280
Speaker 5: and then I'm like, oh yeah, whoops. Yeah, but she's

481
00:20:32,359 --> 00:20:35,159
Speaker 5: just better at everything than I am. So if that

482
00:20:35,359 --> 00:20:37,840
Speaker 5: is you and you are a step of the world,

483
00:20:38,200 --> 00:20:41,600
Speaker 5: then go ahead use it that way that works for you.

484
00:20:41,680 --> 00:20:45,040
Speaker 5: But unfortunately that's not the reality of most of our community.

485
00:20:45,119 --> 00:20:47,800
Speaker 5: And I want to make sure that you know you

486
00:20:47,840 --> 00:20:50,439
Speaker 5: feel heard and you feel like you're not alone in

487
00:20:50,480 --> 00:20:53,680
Speaker 5: this because Beck, you're in the same position. You're like, oh,

488
00:20:53,840 --> 00:20:56,439
Speaker 5: I can't trust myself during this period of time. All right, Well,

489
00:20:56,480 --> 00:20:57,720
Speaker 5: let's not trust each other together.

490
00:20:57,720 --> 00:20:58,200
Speaker 1: What's a plan?

491
00:20:58,600 --> 00:21:00,439
Speaker 6: Yes, so true, And it's.

492
00:21:00,280 --> 00:21:01,960
Speaker 5: Going to be so much easier if I'm like, you

493
00:21:01,960 --> 00:21:03,480
Speaker 5: didn't buy anything, did you? And you go no, wan

494
00:21:03,560 --> 00:21:05,119
Speaker 5: to go Sleigh, Let's get coffee do you know what

495
00:21:05,160 --> 00:21:08,080
Speaker 5: I mean? We can actually support each other during this

496
00:21:08,119 --> 00:21:09,960
Speaker 5: period of time, but we can also use it to

497
00:21:10,000 --> 00:21:13,359
Speaker 5: our advantage if we have a plan. So if you

498
00:21:13,480 --> 00:21:15,719
Speaker 5: have some purchases that you need to make, if there

499
00:21:15,720 --> 00:21:17,439
Speaker 5: are things that are on your wish list or your

500
00:21:17,520 --> 00:21:20,919
Speaker 5: Christmas list or literally any list that you've got, will

501
00:21:20,960 --> 00:21:22,520
Speaker 5: maybe sit down now and be like, all right, I'm

502
00:21:22,520 --> 00:21:24,359
Speaker 5: just going to write out what I need, when I

503
00:21:24,440 --> 00:21:27,080
Speaker 5: might need it, by what that actually looks like. Because

504
00:21:27,080 --> 00:21:29,280
Speaker 5: if you can save thirty percent, that's a money win.

505
00:21:29,560 --> 00:21:31,080
Speaker 5: But it's not a money whin if you didn't need

506
00:21:31,080 --> 00:21:32,280
Speaker 5: to purchase it in the first place.

507
00:21:32,400 --> 00:21:36,000
Speaker 4: Exactly, you know, ev a penny saved is a penny earned.

508
00:21:36,040 --> 00:21:38,120
Speaker 4: So if you spend no money at all, I feel

509
00:21:38,160 --> 00:21:39,399
Speaker 4: like you've made that money.

510
00:21:39,520 --> 00:21:41,480
Speaker 1: I don't even need to be here anymore. You've got this.

511
00:21:41,920 --> 00:21:44,119
Speaker 5: All right, let's go, because I'm now salty that you're

512
00:21:44,160 --> 00:21:45,320
Speaker 5: smarter at money than I am.

513
00:21:46,080 --> 00:21:47,400
Speaker 6: Fair Enough, you should be a little bit scared.

514
00:21:47,560 --> 00:21:50,600
Speaker 1: I am terrified if that's the reality. But we will

515
00:21:50,600 --> 00:21:59,680
Speaker 1: see you guys on Friday. Have a beautiful week. Byes bye.

516
00:22:00,080 --> 00:22:02,600
Speaker 7: The advice shared on She's on the Money is general

517
00:22:02,680 --> 00:22:06,520
Speaker 7: in nature and does not consider your individual circumstances. She's

518
00:22:06,560 --> 00:22:10,040
Speaker 7: on the Money exists purely for educational purposes and should

519
00:22:10,040 --> 00:22:13,240
Speaker 7: not be relied upon to make an investment or financial decision.

520
00:22:13,600 --> 00:22:16,080
Speaker 7: If you do choose to buy a financial product, read

521
00:22:16,080 --> 00:22:20,240
Speaker 7: the PDS TMD and obtain appropriate financial advice tailored towards

522
00:22:20,240 --> 00:22:23,520
Speaker 7: your needs. Victoria Divine and She's on the Money are

523
00:22:23,600 --> 00:22:28,600
Speaker 7: authorized representatives of money Sherper Pty Ltd ABN three two

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