Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yor
Speaker 1: the Order Kerni Whaltbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money. She's on the Money.
Speaker 4: Hello, and welcome to She's on the Money, the podcast
Speaker 4: that let's you be pervy about other people's money stories
Speaker 4: for educational purposes, of course. Welcome back to another one
Speaker 4: of our Money Diaries episodes where I get the absolute
Speaker 4: privilege of sitting down and talking to one of our
Speaker 4: beautiful She's on the Money community members all about their journey.
Speaker 4: Let's jump straight into it, because this week I got
Speaker 4: a message and it sounded exactly like this, Dear She's
Speaker 4: on the Money. We grew up quite poor and it
Speaker 4: was especially bad in high school. I remember Dad couldn't
Speaker 4: afford our textbooks or my school fees. My parents each
Speaker 4: worked two jobs and we'd go with mom and dad
Speaker 4: every school night to their second job, cleaning offices. I've
Speaker 4: been trying to overcome my scarcity mindset, and in the
Speaker 4: last two years, thanks to She's on the money, I
Speaker 4: have savings for the first time, I've invested for the
Speaker 4: first time in shares, and I was able to help
Speaker 4: my parents while they were overseas getting treatment for my
Speaker 4: mum money diarists.
Speaker 2: That was a fit emotional.
Speaker 4: Oh my goodness. Yeah, I just feel like there's a
Speaker 4: lot to unpack there, like not only are you a
Speaker 4: super special person, but like mom and dad working two
Speaker 4: jobs and like cleaning offices, Like what Queen and king
Speaker 4: are they?
Speaker 2: Like?
Speaker 4: I just feel like they're the types of pearance that
Speaker 4: you just know love the shit out of their kids.
Speaker 2: Yeah, yeah, definitely.
Speaker 4: Oh that's so special money doce. I want to ask
Speaker 4: so many questions before we get there, though, What would
Speaker 4: you grade your money habits if I asked you to
Speaker 4: give them a grade from A through TOIR?
Speaker 2: Okay, so I'm going to say a C, and I
Speaker 2: only say that because the last like eighteen years of
Speaker 2: my life have been like really bad scarcity mindset, kind
Speaker 2: of like not really saving. It's something been in the
Speaker 2: last two years, maybe last year, that I've been able
Speaker 2: to turn it around. So I'm basing that grade like overall, Yeah.
Speaker 4: I can already see why you have a scarcity mindset
Speaker 4: and how challenging it would be to move on from that,
Speaker 4: Like it's just so ingrained in everything that you do,
Speaker 4: and even the fact that you want to talk about it,
Speaker 4: like it's so special. So let's just dive in. Can
Speaker 4: you tell me a little bit more about your money story.
Speaker 2: Yeah, So we grew up family six. We lived in
Speaker 2: a three bedroom house, nothing fancy. It was my older
Speaker 2: sister in one room and then me and my two
Speaker 2: other siblings in another. We had a bunk bed and
Speaker 2: single bed kind of like side my side, and we'd
Speaker 2: make little thoughts so.
Speaker 4: Cute though and good memories.
Speaker 2: I don't really remember much in terms of like childhood
Speaker 2: distresses there. It was more when we got into high school,
Speaker 2: Dad not being able to afford our textbooks, let us
Speaker 2: be sent home about school fees being over due. Just
Speaker 2: like this memory that sticks out in my head. And
Speaker 2: every time I think about it, I get a bit
Speaker 2: worked up. Because Dad couldn't afford the textbooks, and my
Speaker 2: sister was two grades above us. We were re using
Speaker 2: her Italian workbook and obviously she'd written in it, and
Speaker 2: I decided to like liquid paper over it or like
Speaker 2: rub out where she'd written it. And I was like
Speaker 2: so embarrassed that I had this like secondhand workbook and
Speaker 2: everybody had these like pristine white new work books. And
Speaker 2: that was like really triggering for me.
Speaker 4: I feel like that it's always the small things, right,
Speaker 4: Like it's always the small things that you remember that
Speaker 4: really had an impact. And that doesn't mean that we
Speaker 4: need to do all the small things right as parents,
Speaker 4: right because we honestly are doing our best. It's always
Speaker 4: that sticking point, right, Like I even remember like way back,
Speaker 4: you know, definitely not a similar situation, but a sticking
Speaker 4: point for me. I desperately wanted the school bag, like
Speaker 4: the one with the logo on it. I didn't just
Speaker 4: want a Kmart school bag, which is what I had.
Speaker 4: I wanted the school bag that every other kid had.
Speaker 4: And one was like that is a waste of money,
Speaker 4: Like absolutely not, We're not getting that, and I'm still like, oh,
Speaker 4: I just wanted to feel like I had the same
Speaker 4: school bag from my public primary school that everybody else had,
Speaker 4: but I just had plainline. It was fine, and like
Speaker 4: all of that worked, but it's always that that sticking
Speaker 4: point that you think everybody is paying attention to, but
Speaker 4: I can promise you they're not. But for you, that
Speaker 4: was pivotal.
Speaker 2: Even the embarrassment of like, oh, we have Ali snacks.
Speaker 2: I don't want to shop at Aldi. That's so embarrassing.
Speaker 2: And now I'm like freaking our I love a healthy.
Speaker 4: Yeah, but it's all about mindset, right because as a
Speaker 4: kids like you don't have a lot of markers of
Speaker 4: what success looks like. You don't have the ability to
Speaker 4: step up and be like okay, yeah, but like you're
Speaker 4: just saying, and like I have in my head the
Speaker 4: bi low packets of chips, like I remember those and
Speaker 4: being oh, kind of have the Smiths one. They're like
Speaker 4: completely printed and all pink, and like kind of have
Speaker 4: that in my lunch box. It's the same thing. Like
Speaker 4: you best believe my kids are also not getting their
Speaker 4: name brand chips. It's just not happening, Like that's not
Speaker 4: an option. So yeah, it's so interesting. So what happened
Speaker 4: after that? Like how did life go?
Speaker 2: So they really struggled. So they got to a point
Speaker 2: I think we're in like ye eight Mas twenty and
Speaker 2: I were in the eight you know, nine, were the
Speaker 2: youngest of the four girls. They started having to pick
Speaker 2: up a second job, and we would go with them
Speaker 2: every night to do these like night jobs, and Mum
Speaker 2: would say, if you just help us, we'll get it
Speaker 2: done faster and we'll be able to get out of here.
Speaker 2: But we were just these like young kids and all
Speaker 2: like whatever, and we'd potter around and not really help.
Speaker 2: And so like the second jobs will run until like
Speaker 2: eleven pm midnight, they'd go home, sleep and be up
Speaker 2: by like five am to get to their day jobs.
Speaker 2: Mum would commute into the eastern subbs, which was like
Speaker 2: an hour and a half two buses and a train
Speaker 2: to clean and then come back. Dad worked in a factory. See,
Speaker 2: it was really hard and I actually found out I
Speaker 2: don't why.
Speaker 4: I'm going to self that thank you for being so
Speaker 4: vulnerable the toll of like the financial stresses.
Speaker 2: Dad actually did have a mini stroke during that time
Speaker 2: that we didn't find out about until just a couple
Speaker 2: of years ago. But Dad, now he's like, of course
Speaker 2: I was stressed about money, but I was doing it
Speaker 2: for my future and for your future. It's now like okay,
Speaker 2: but it doesn't hurt any less knowing that he was
Speaker 2: under that much press that he would have a mini stroke.
Speaker 4: That's a lot. That feels like a really heavy burden,
Speaker 4: that feels like you are probably feeling really guilty. Yes,
Speaker 4: there's no guilt there, Like I can promise if I
Speaker 4: sat down your parents and said would you do it again?
Speaker 4: They'd say, hands down, absolutely, Like I already know they'd
Speaker 4: be like, oh my goodness, we love our kids so
Speaker 4: much more than we could ever explain, and we are
Speaker 4: so insanely proud of them. They probably look at you
Speaker 4: and go, that's why we did what we did, Like
Speaker 4: they don't regret it for a date. And I think
Speaker 4: that by carrying guilt it does nothing like it literally,
Speaker 4: like guilt is an emotion that you feel because you
Speaker 4: feel like you should have done something different or changed,
Speaker 4: but you've still got a beautiful relationship with your parents,
Speaker 4: Like it's not as though you lost that. In fact,
Speaker 4: I feel like they've instilled this beautiful work ethic into you.
Speaker 4: That is so nice, and like, I know that it
Speaker 4: feels heavy, but like, I'm just so grateful that you
Speaker 4: still have your dad here, Like, oh, I'm sorry that
Speaker 4: it is so heavy, but I'm just so grateful that
Speaker 4: you've been so vulnerable and actually want to share this
Speaker 4: because it's so so hard to talk about too, right
Speaker 4: it is. Yeah, so obviously all of that happened. What
Speaker 4: happened when you turned eighteen? Like, when did you get
Speaker 4: your first job? Tell me all about that.
Speaker 2: So, my first job was at the cinemas. I applied
Speaker 2: when I was fifteen. That's a cool girl job, the
Speaker 2: best job I've ever had, hands down. I tell my
Speaker 2: little niece, she's thirteen, I say, go and work at
Speaker 2: the cinema. It is so much fun. That was my
Speaker 2: first job. It's actually where I met my now de
Speaker 2: Fucto partner.
Speaker 4: Oh my goodness, love.
Speaker 2: But I wasn't very good at saving back then either.
Speaker 2: So things haven't really turned around until I started listening
Speaker 2: to She's on the money, But that's okay.
Speaker 4: We were just on our own journey. Yeah, so talk
Speaker 4: to me about that. So you got your first job
Speaker 4: at the cinema and then you turned eighteen, did you
Speaker 4: change jobs, Like, what does that career trajectory look like?
Speaker 2: I didn't go to UNI just because I was like, oh,
Speaker 2: I think i'd rather work. So I got a job
Speaker 2: in a magazine company.
Speaker 4: Very cool.
Speaker 2: Then from there I went to the equivalent of like
Speaker 2: a group on. Then we got bought out by Groupon.
Speaker 2: Then I was made redundant.
Speaker 4: Oh my god, that's so stressful.
Speaker 2: Right, yeah, and now I'm in the job that I
Speaker 2: was at after I was made redundant. I've been there
Speaker 2: for years now.
Speaker 4: And so tell me what do you do for work now?
Speaker 4: And how much do you earn?
Speaker 2: Yeah? So I'm a product manager for a tech company
Speaker 2: in the food industry. I earn one hundred thousand a year,
Speaker 2: and I just as on Monday, actually got a twenty
Speaker 2: percent pay rise.
Speaker 4: I'm sorry, what in this economy? I joined tom pay
Speaker 4: rise iconic.
Speaker 2: I hadn't had one in many, many years. I'd actually
Speaker 2: transitioned from a role within the company into product management.
Speaker 4: Yeah, okay, and they haven'tted up. So they've been a
Speaker 4: little cheeky, very very grateful to get that, very privileged.
Speaker 2: So now that takes me to one twenty.
Speaker 4: Look at you go. Did you ever think you'd earn
Speaker 4: over one hundred grand. Like that's pretty cool, right, No way.
Speaker 2: I remember when we brought our house in two thousand
Speaker 2: and eleven, I was earning. I would think I was
Speaker 2: on like forty grand at the magazine company. I could
Speaker 2: barely with my month's wages cover my repayment.
Speaker 4: But you did it. Yeah, Just like look at your
Speaker 4: money story. And we don't even know the half of
Speaker 4: it yet, but like, look at your money story in
Speaker 4: comparison to your parents, Like what a bloody privilege the
Speaker 4: sacrifices they made meant that you got here. And I
Speaker 4: am already convinced that your work ethic would be so high,
Speaker 4: Like I already know the reason you're in that job
Speaker 4: for the last eight years is because they're probably obsessed
Speaker 4: with you and the fact that you go above and beyond.
Speaker 4: And you know what, I already know you go above
Speaker 4: and beyond because you haven't had a pay rise in
Speaker 4: so long. And you're like, you know, that's fine, Like
Speaker 4: it's all good. I've just got work to do. Absolutely not,
Speaker 4: my queen, absolutely not. So I'm so excited, Like your
Speaker 4: parents must just be like, look, it was worth it,
Speaker 4: Like it was so worth it and it feels trashy
Speaker 4: looking back, but like, I think that being grateful for
Speaker 4: the journey and trying to change your mindset around that
Speaker 4: is going to be really positive. Like, and it's so
Speaker 4: hard to do, right, It's not something that's easy, And
Speaker 4: you look back and you feel like really guilty, but
Speaker 4: you're like, how do I changed this into gratitude? Like
Speaker 4: obviously as a kid, you were like, I don't want
Speaker 4: to be here cleaning offices. I'm gonna doord all around
Speaker 4: And you're like, oh my god, I would have done
Speaker 4: so much more had I known. Your parents didn't want
Speaker 4: you to know, babe, your parents didn't want to put
Speaker 4: that burden on a child, and they were just trying
Speaker 4: to make it as easy and nice as possible. Like
Speaker 4: we're all just out here doing the best that we can.
Speaker 4: So I just think that that's something that maybe we
Speaker 4: can work on together. So talk to me a little
Speaker 4: bit more about big money goals. You said him twenty
Speaker 4: and eleven, basically when you were still a baby, because
Speaker 4: you're thirty six now.
Speaker 2: I was twenty three when we bought our.
Speaker 4: House, so first home at twenty three.
Speaker 2: Yeah, but I'm like, was pretty resistant to it. I
Speaker 2: was like, oh, it's so. It was three hundred and
Speaker 2: twenty thousand, so nothing like what people are paying now.
Speaker 2: So yes, very privileged. My now partner was like, you've
Speaker 2: just got to see the vision. I was like, this
Speaker 2: place is gross. Want it no, but obviously super grateful
Speaker 2: that we did it when we did. But it was
Speaker 2: a struggle at the start, like even trying to make repayments.
Speaker 2: My half of the repayments was a struggle. But now
Speaker 2: obviously things are way better.
Speaker 4: So tell me about now, like what are we currently
Speaker 4: working towards? What are your big money goals? Obviously having
Speaker 4: purchased a home in twenty eleven, I wouldn't say set
Speaker 4: you up for life, but like it would definitely set
Speaker 4: you on the right path. Yes, we're definitely going to
Speaker 4: talk about scarcity mindset, but like we're not completely behind
Speaker 4: the eight ball here, So what are we currently working towards?
Speaker 4: What are our big money goals?
Speaker 2: So up until maybe like December January, it was saving
Speaker 2: to be off work for a while. I have I
Speaker 2: think they call it like spondylosis or something like that,
Speaker 2: where the discs in like your L five S one
Speaker 2: which is responsible like bending and twisting and that it's
Speaker 2: degraded down to like fifteen percent.
Speaker 4: Oh my goodness.
Speaker 2: And so I need to have back surgery and it's
Speaker 2: meant to be like quite a big recovery.
Speaker 4: Yeah. Both my parents have had significant back surgery. There's
Speaker 4: a lot of downtime and a lot of physio and
Speaker 4: a lot of everything after.
Speaker 2: Yeah, they need to insert like a cage into the
Speaker 2: disk space to raise the hype back up. It's pretty gross.
Speaker 4: Yep, like just fix it. I actually don't want to
Speaker 4: hear anything about it. I understand it, whereas my mom's
Speaker 4: the opposite. It's like, tell me all of that if
Speaker 4: you've got pictures, like.
Speaker 2: Oh mom, no, so one saving for that. But my
Speaker 2: GP had put me on controversially weight loss injections to
Speaker 2: help me prep for surgery. Apparently the lighter you are,
Speaker 2: the easier it is to recover from the surgery, and
Speaker 2: there's like less to move about coming in from the front.
Speaker 2: But that seems to have helped with some of the
Speaker 2: symptoms that I've been having. So I'm deferring the surgery.
Speaker 4: Oh my god.
Speaker 2: Really, yes, And they say don't have back surgery when
Speaker 2: you're young, because it does make it harder when you get.
Speaker 4: Older obviously if there's no other option, but like, how
Speaker 4: good that you had access to this, And like I
Speaker 4: know that you said controversially, I just feel like it's
Speaker 4: actually none of my bloody business. We're talking about a
Speaker 4: prescription medication here that you accessed from your doctor under
Speaker 4: correct consultation, like full stop in a story. That's not
Speaker 4: my business, like to have an opinion on a drug.
Speaker 4: I'm not a doctor, I'm not a pharmacist. I'm an
Speaker 4: ex financial advisor. It's not my place. Like, I just
Speaker 4: see so much of it online, Like I'm real pervy,
Speaker 4: so I do definitely watch the tiktoks and stuff about it,
Speaker 4: but like, be for real, Like imagine having an opinion
Speaker 4: on somebody else's health. Ill, David, I love shit script.
Speaker 2: The weird thing is the injections aren't doing what they're
Speaker 2: meant to do, so I'm not losing any weight, but
Speaker 2: it's I guess helping the pain side of things. So
Speaker 2: I'm like, if that stops me having to have back surgery,
Speaker 2: I will do it.
Speaker 4: Honestly, that's so good. I'm so excited for you that
Speaker 4: you found maybe something a little bit different on one
Speaker 4: because it's so expensive, but two like that is such
Speaker 4: a significant surgery that does really impact life forever, Like,
Speaker 4: oh my goodness, so you are saving for that? Are
Speaker 4: they any other big money goals you're currently working towards.
Speaker 2: Well, now I'm trying to like rethink what I want
Speaker 2: to do. I definitely want to build up my eight shares.
Speaker 2: And I think i'd like to travel because we've had
Speaker 2: a house since we were quite young, We've not really
Speaker 2: traveled at all. Yeah, and I would love to do
Speaker 2: maybe like six months off and do like Europe and
Speaker 2: a couple of other places, just to like tick that
Speaker 2: off the list. We're dinks, double income.
Speaker 4: No kids, And is that going to ever change?
Speaker 2: I don't think so.
Speaker 4: I love that. And is that something that when you're
Speaker 4: talking about financial planning, you guys like, all right, so
Speaker 4: we just don't think kids are on the cards. That's cool.
Speaker 4: But does that mean that we're having conversations about like
Speaker 4: traveling significantly or are we talking about retiring early? Like
Speaker 4: what are those conversations? Like, I can't relate.
Speaker 2: It's a one sided conversation, to be honest. Yeah, Okay,
Speaker 2: I really want to travel. He's pretty easy going. He's like,
Speaker 2: if you don't want kids, that's fine. Like we don't
Speaker 2: have to have kids. If you want to travel, that's
Speaker 2: fine too. Like, he's pretty easy going. I think he
Speaker 2: would like to retire.
Speaker 4: Early, but we need a plan for that, so so
Speaker 4: we're going to have to start talking about it.
Speaker 2: Luckily, we're in really privileged physicians to own a good
Speaker 2: amount of money, so if we wanted to, we just
Speaker 2: kind of hammer away it, you know, setting ourselves up
Speaker 2: to retire early.
Speaker 4: Yeah, that's very cool, So talk to me a little
Speaker 4: bit more. We mentioned scarcity mindset and how over the
Speaker 4: last eighteen years it's something that you've really struggled with
Speaker 4: and you haven't until recent times, really felt like you've
Speaker 4: been on top of it. How does that impact you
Speaker 4: day to day Because like, let's be honest, and people
Speaker 4: are going to think, oh my gosh, relatable. But then also,
Speaker 4: you told us you have a house, and I'm not
Speaker 4: saying that's a bad thing. It's a very good thing.
Speaker 4: But like I know that scarcity mindset comes in many
Speaker 4: different forms. How's that impacting you? What does that look like?
Speaker 2: I guess this like compulsion to check my budget spreadsheet
Speaker 2: every week, check my bank account all the time, even
Speaker 2: though I know that we're okay, it's the what if
Speaker 2: we were to lose everything tomorrow? And I think even
Speaker 2: a bigger driver is with that scarcity mindset. It is
Speaker 2: like helping my parents if they ever were to need
Speaker 2: me and wanting to be able to support them. That's
Speaker 2: a big thing, but it is that really big compulsion
Speaker 2: to like check things, not really wanting to spend, Like
Speaker 2: even though I could buy address for sixty dollars if
Speaker 2: I wanted to, I'm like my better or not? Or
Speaker 2: even though this face cream is in sale, do I
Speaker 2: really need it? Probably not a better just save that
Speaker 2: money that sort of stuff.
Speaker 4: Yeah, And like that sounds positive at the same time,
Speaker 4: as I know it can be absolutely crippling because you're like, well,
Speaker 4: I still want to have fun and I still want
Speaker 4: to enjoy my life. And you're probably watching people in
Speaker 4: twenty twenty five on social media doing the same thing.
Speaker 4: You're like, well, why can't I be more like that
Speaker 4: or do more things? And it's very frustrating because then
Speaker 4: you're just like, well, let's say we just bought the
Speaker 4: face cream and yoll loaded, I'm sure you've done that before.
Speaker 4: And then you go home and you're like riddled with guilt.
Speaker 4: You're like, well I didn't need that, and is this
Speaker 4: a slippery slope? Am I just going to go downhill
Speaker 4: after this? I never going to get back on track,
Speaker 4: and like it just wasn't worth it. Like I think
Speaker 4: that they're as the need to zoom out and do
Speaker 4: some bigger worker on mindset and that budgeting and cash
Speaker 4: low system, because it sounds like whatever your system is,
Speaker 4: you're not feeling as confident in it as you could be. Like,
Speaker 4: don't get me wrong, I check my budget every week.
Speaker 4: I know where things are going. Like, that's actually quite healthy.
Speaker 4: It's not a bad thing. But if you're compulsively checking
Speaker 4: because you're like I just need to make sure we
Speaker 4: are okay, what other things can we put in place
Speaker 4: that are going to make you feel supported? So the
Speaker 4: next question I have, which is not usually a money
Speaker 4: Day's episode, have you ever spoken to a financial advisor
Speaker 4: about your insurances?
Speaker 2: No? I think we should do that because the insurance
Speaker 2: is in my super Like, I'm very aware of this.
Speaker 2: I want to change super funds. I too, like you
Speaker 2: are with that very well known retel YEP, thea super
Speaker 2: fun and it hasn't been performing well. I went onto
Speaker 2: the government your super tool.
Speaker 4: Were you in my live last night by chance? Because
Speaker 4: I was talking about this on a webinar literally last night.
Speaker 2: No, but I joined the first Foundation's workshop.
Speaker 4: You did, ah, girlfriend, I always go off track. So
Speaker 4: all of them are different. Like, if you guys think
Speaker 4: you're getting a consistent experience with my finance foundation, of
Speaker 4: course wrong. You'll get the same slides. But oh yap
Speaker 4: around them.
Speaker 2: Yes, so I want to change super funds, but the
Speaker 2: insurances that are in there now, we don't want to
Speaker 2: give them up. No. Yeah, I don't want to move
Speaker 2: everything across because then I lose those insurances and with
Speaker 2: my back issue, it just kind of complicates things.
Speaker 4: We need to talk to a financial advisor. I promise.
Speaker 4: I'm just going to push you towards talking to somebody
Speaker 4: and I can set you up after with the person
Speaker 4: that's done my insurances. And the reason I want you
Speaker 4: to do that is because they're going to look inside superannuation.
Speaker 4: They're going to check if you have enough cover. They
Speaker 4: might even bump up your insurances inside super and be
Speaker 4: like okay, money dice, you not covered enough for this,
Speaker 4: and that they're going to talk to you about all
Speaker 4: four types of insurance. So obviously inside Superanuation, you probably
Speaker 4: already have life insurance and you probably have a smaller
Speaker 4: income protection policy.
Speaker 2: Yeah, that one was I think two thousand le than
Speaker 2: two hundred a month. I actually looked at on the weekend.
Speaker 2: I was like, oh, that is.
Speaker 4: That's probably not enough. And that's okay, because we could
Speaker 4: increase the amount of cover you have inside superannuation on
Speaker 4: your income protection or we could take out a separate policy.
Speaker 4: You obviously have a pre existing condition of your back
Speaker 4: which they would take into consideration when doing your things.
Speaker 4: That doesn't mean you won't get cover. It just means
Speaker 4: they might exclude those disks in your back. And then
Speaker 4: they would talk to you about TPD, which is total
Speaker 4: and Permanent disability insurance, which you may or may not
Speaker 4: also hold in super And then they would talk to
Speaker 4: you about trauma. And I'm telling you right now, if
Speaker 4: you are feeling like you're worried about your parents, you're
Speaker 4: worried what happens if something happens to me, This is
Speaker 4: going to alleviate that. Like, if something happens to me,
Speaker 4: my income is going to get paid. If something really
Speaker 4: really bad happens to me, my de facto partner is
Speaker 4: not going to be high and dry. They will be
Speaker 4: left with more than enough cash to pay off the mortgage,
Speaker 4: to live a comfortable life, to do all of those things.
Speaker 4: Same with TPDA, you get totally impermanently disabled, there is
Speaker 4: going to be a lump sum payment waiting so that
Speaker 4: we can set the house up, we can make sure
Speaker 4: you get the care that you deserve so that that
Speaker 4: burden isn't on your family. And for me particularly, that
Speaker 4: takes a lot of stress off me knowing, look, if
Speaker 4: something ever happens, like the weight of the world won't
Speaker 4: still be on my shoulders. And I think that that
Speaker 4: has alleviated a lot. I use a company called sky Wealth.
Speaker 4: I probably should give them, like a little shout out.
Speaker 4: It's not paid obviously that I use sky Wealth. I'm
Speaker 4: good friends with Phil Thompson, and a lot of my
Speaker 4: clients when I stopped being a financial adviser went to
Speaker 4: him because I sent them that way, or you know,
Speaker 4: gave them to feel And the reason was because he
Speaker 4: did mine and I trusted him so much, and I
Speaker 4: just feel so much more secure. You know, you probably
Speaker 4: have car insurance, and if you crush your car tomorrow,
Speaker 4: what's going to replace that the insurance? Yes, but your
Speaker 4: income you crush your body tomorrow you're not allowed to work. Well,
Speaker 4: can't replace that, can't just earn a new body. So
Speaker 4: I think that for me not having insurance obviously not great.
Speaker 4: You've probably heard me talk about it if you listen
Speaker 4: to the podcast. But on top of that, it's just
Speaker 4: that mental load. You're like, there's some stuff in the
Speaker 4: background that is going to work, and then if anything happened,
Speaker 4: then you have the financial advisor there. And also, I mean,
Speaker 4: I'm ranting about this, but I'm just wildly passionate about it.
Speaker 4: It's not thousands of dollars like his fees are a
Speaker 4: couple of hundred bucks, because all he's going to do
Speaker 4: is look at your insurances. He's not going to give
Speaker 4: you advice in any other area because if he was to,
Speaker 4: it would become thousands. But this is like once off
Speaker 4: one and done, I'll introduce you, he'll look after you.
Speaker 4: I just feel like that's the right thing. All right,
Speaker 4: we're going to get back on track. We're going to
Speaker 4: or a really quick break on the flip side. I'm
Speaker 4: going to ask you a little bit more about the
Speaker 4: investments because you said you want to top up your shares,
Speaker 4: going to talk about debt? How you feel about that?
Speaker 4: I'm pretty sure you're also going to have some good
Speaker 4: and some not so good money habits that I want
Speaker 4: to share as well. So guys don't go anywhere. All right,
Speaker 4: money Diarist, We are back, and this chat has been
Speaker 4: I don't know, I'm really enjoying this. I feel like
Speaker 4: our community is going to get so much out of
Speaker 4: it because one you're sharing a lot, but two we're
Speaker 4: talking about lots of different things that we don't often
Speaker 4: talk about or money hieries. You mentioned before one of
Speaker 4: your goals was bumping up your shares. Does that mean
Speaker 4: you already have shares? Talk to me about your investments.
Speaker 2: So I invest five hundred and fifty dollars a month,
Speaker 2: I'm a goodness, do you know it's like a really
Speaker 2: random amount. I did my first investment September twenty twenty four.
Speaker 4: What so, she's new, she's new here.
Speaker 2: I'm a movie. I kept hearing you say because I've
Speaker 2: been listening to your podcasts and I never skip an episode.
Speaker 2: I'm up to August twenty twenty three.
Speaker 4: Oh my god, there's seven hundred plus episode.
Speaker 2: Yes, so it's gonna take me a little while along
Speaker 2: of it. That's okay. You say you can have a
Speaker 2: time the market just jump in and I was like, okay,
Speaker 2: we're going to do it. And then the next time
Speaker 2: I was like, okay, this is okay, and I kind
Speaker 2: of think about it, like I could easily spend five
Speaker 2: hundred dollars on takeaway on the day, so I'm feeling
Speaker 2: like extra blue sigoucy with my money. So that's what
Speaker 2: I do.
Speaker 4: But you're comfortable with that you picked, don't amount you're
Speaker 4: comfortable with as opposed to putting our life savings or
Speaker 4: something in and that would make me run for the hills.
Speaker 2: That's right. I have three thousand, seven hundred in combank
Speaker 2: who are you? And three point forty in Pocketbook. I
Speaker 2: started with Pocketbook first because I was a little bit nervous.
Speaker 4: No, I love this. So talk to me about how
Speaker 4: you picked your platform. Like when you were like, oh,
Speaker 4: I'm going to invest, you said that you're with comseck.
Speaker 4: Why comseeck and what are you buying on comseck?
Speaker 2: Okay, So I chose comsek because that's who I was
Speaker 2: banking with before I moved to up Bank that also
Speaker 2: on your recommendation.
Speaker 4: So it's like a colt over here.
Speaker 2: Yeah, I've got a couple of bank shares. So I've
Speaker 2: got Bendigo Bank, Bank of Queensland. I have Sigma Health
Speaker 2: I heard recently, so I was like, done, Dune done.
Speaker 2: I've got Transurban, which is they'd do all the tolls
Speaker 2: and stuff.
Speaker 4: It sounds like you've gone with a portfolio of direct
Speaker 4: shares that you're most comfortable with, which I kind of love.
Speaker 4: Like obviously, lots of people would say that an ETF
Speaker 4: is easier, but given your history and how you've been
Speaker 4: feeling about it, I think you know, for example, Transurban,
Speaker 4: you've probably justified this in your head and been Actually
Speaker 4: people use toll roads every single day and they're relatively expensive,
Speaker 4: so that feels like a not so bad investment. And banks.
Speaker 4: You probably really like Bendigo Bank and you probably know
Speaker 4: that they have an affiligation with up Bank, and you're like,
Speaker 4: that looks like it's going somewhere.
Speaker 1: Yeah.
Speaker 4: I feel like I can see how your brain works.
Speaker 2: That is exactly why they were my first comsect purchase. Yes,
Speaker 2: I was like, okay, we're going to do our first
Speaker 2: comsect one, and it has to be bend to going.
Speaker 4: I adore that you use the comsect platform to buy
Speaker 4: a different bank, So like the irony of that is
Speaker 4: not lost any No, that's gorgeous and I kind of
Speaker 4: love that you've gone nope and comfortable with this. So
Speaker 4: what's the strategy look like moving forward?
Speaker 2: Okay? So I have like a watch list and it's
Speaker 2: generally only companies that I know about all that kind
Speaker 2: of like align with and I do like an EENI
Speaker 2: Meeni Mini mole on the month.
Speaker 4: Cool love you know what, We've all got a strategy
Speaker 4: and five good time in the market. My friend, I
Speaker 4: would be a very rich woman, but I cannot.
Speaker 2: I try not to worry too much about which one's
Speaker 2: the lowest on my watch list. I just kind of like,
Speaker 2: all right, we've done bank and I just kind of
Speaker 2: cycling through. So I'm just trying to work it up.
Speaker 2: My most recent purchase was a Vanguard ETF.
Speaker 4: Oh she's into ETFs as well, just the line.
Speaker 2: Yeah that's cool, but I was pretty proud of that one.
Speaker 4: I can't wait to check in with you in like
Speaker 4: twelve months and be like, where's that out? What's going on?
Speaker 4: Like five fifty a month. That's big dog energy, Like,
Speaker 4: I'm so excited for you. It's just going in the
Speaker 4: right direction. Talk to me about debt. Are you in
Speaker 4: any debt? What does that look like? And how do
Speaker 4: you feel about debt?
Speaker 2: Yeah? So I don't have a hex. I didn't do
Speaker 2: any tertiary education. I don't have any personal loans, never
Speaker 2: had Zippair after pay. I did, for the smallest time,
Speaker 2: have a credit card with a three thousand dollar limit
Speaker 2: on it. I last us that in December twenty twenty three.
Speaker 2: So I signed up for upbank in jan twenty twenty three,
Speaker 2: and by December I had stopped using it, and by
Speaker 2: May twenty twenty five I had closed it off. I
Speaker 2: was like, don't need it. I had set myself up
Speaker 2: to scrawl away little amounts, so if something big came up,
Speaker 2: I was mainly using it for like say, our yearly
Speaker 2: insurance on the house, or my car. I found wanted
Speaker 2: to go visit my sister in Brisbane, those sorts of things.
Speaker 2: So in terms of debts, the only thing we have
Speaker 2: is now home loan. I mentioned. We purchased that for
Speaker 2: three hundred and twenty thousand back in two thousand and
Speaker 2: eleven and we've got about seventy thousand owing on that.
Speaker 4: Oh my god, less than six figures. How does that feel?
Speaker 2: Really exciting? The bulk of it is sitting in our offset.
Speaker 4: Oh she's got nice financial freedom. That's very sexy.
Speaker 2: No, that's my part. I call him my husband, my
Speaker 2: de facto or whatever.
Speaker 4: The person that you cohabitate with. Yes, iconic, So that's exciting.
Speaker 4: What's your property worth now? Obviously having purchased it in
Speaker 4: twenty eleven for about three hundred and twenty grand, I
Speaker 4: would assume it's increased a little bit, so you might
Speaker 4: be sitting on a little bit of equity.
Speaker 2: Yeah, probably around threefold.
Speaker 4: Oh my god.
Speaker 2: Really yeah, we're actually I don't mind giving this away.
Speaker 2: You are in Sydney where the new airport is being built.
Speaker 2: Yeah okay, so, and the property prices are just insane anyway,
Speaker 2: but it has gone up quite significantly.
Speaker 4: Yeah, so it's probably setting it around nine hundred two
Speaker 4: a million.
Speaker 2: Around the nine hundred male.
Speaker 4: Yeah okay, And that is really cool, and that is
Speaker 4: just how property works over that period of time, Like
Speaker 4: that is not surprising. I genuinely was like, I hope
Speaker 4: that she answers it this way because otherwise it's going
Speaker 4: to be relatively awkward, because that's what I'm in taste
Speaker 4: of hating. But what's the plan from here in terms
Speaker 4: of creating financial freedom? Like you in your family home
Speaker 4: that you're like, all right, well, this is you know
Speaker 4: where we want to live forever. We're planning a move like,
Speaker 4: talk to me about that.
Speaker 2: So I am emotionally very tied to this house.
Speaker 4: The one that you told your partner in twenty eleven
Speaker 4: was gross.
Speaker 2: Yep, that's the one.
Speaker 4: Yep. Great.
Speaker 2: We've just done a couple of improvements. We've painted some wolves,
Speaker 2: We've replaced our kitchen, that sort of stuff. I'm quite
Speaker 2: happy being here. It's just a tour of us and
Speaker 2: our dog, and it's enough for us. But he would
Speaker 2: like something nice I quote unquote nine a little bit
Speaker 2: further away, which is fine. I am of a different opinion.
Speaker 2: I was like, what do we need a big house
Speaker 2: for if it's just the two of us activities. There's
Speaker 2: so much room for activities you could get bug beds. Yeah.
Speaker 2: If it was up to him, and I'm not totally
Speaker 2: opposed to this, we would probably move out a little
Speaker 2: bit further west, kind only where my parents are. There's
Speaker 2: a lot happening out that way. Potentially lease this house out.
Speaker 4: Have you ever sat down with the mortgage broker to
Speaker 4: work out what that would look like so that you
Speaker 4: feel a little bit more secure, like making decisions? No,
Speaker 4: I feel like I've got so many things that I
Speaker 4: could help you in this time. I'm like, Okay, can
Speaker 4: I just set you down with a mortgage broker? It
Speaker 4: doesn't like seeing a mortgage broker does not mean you
Speaker 4: have to purchase a property or make a decision, but like,
Speaker 4: let me sit you down with somebody who can go,
Speaker 4: all right, with this amount of equity, you could purchase
Speaker 4: this house. This is what repayments would look like on
Speaker 4: a property like this, and this is what situation you've
Speaker 4: been and here's what rental yield you'd get probably from
Speaker 4: the previous property. So that we could make a little
Speaker 4: plan and sit you down and be like, okay, well
Speaker 4: that's what property would look like and you go, actually,
Speaker 4: I'm not comfortable with that, and then you don't do it,
Speaker 4: or you go, oh, I can see the opportunity there,
Speaker 4: and now instead of having analysis paralysis, and I understand
Speaker 4: that you're currently like going through scarcity mindset. The way
Speaker 4: that we get over that is education. The way that
Speaker 4: we get over that is giving yourself as much information
Speaker 4: and as much power as possible so that making decisions
Speaker 4: feels like a no brainer instead of are like, oh,
Speaker 4: let me keep all of my dollars over here in
Speaker 4: my offset because like right now I'm feeling super secure.
Speaker 4: It's actually I'll sit down with a few people, let's
Speaker 4: get a few opinions, remembering that you're the one in
Speaker 4: the driver's seat. You don't want to do it. We
Speaker 4: don't do it. Like nobody's going to force you into
Speaker 4: signing a property contract and asking for a section thirty
Speaker 4: two promise, Like, but I think that would be especially
Speaker 4: in your relationship where one person maybe wants something Like
Speaker 4: what happens if you sit down with a broker they
Speaker 4: map it all out and say, for this house that
Speaker 4: you guys, are you know considering, or even just this
Speaker 4: price point. Your partner goes, ah, money dice, You're right,
Speaker 4: I don't want to do this, Like I'm actually really happy,
Speaker 4: Like you can be on the same page, so let
Speaker 4: me set you up with that. But that's so exciting.
Speaker 4: I genuinely I just feel like you've got so much
Speaker 4: to a cheat. What else? What are the big plans
Speaker 4: have you got? You told me about travel, what's that
Speaker 4: going to look like in the next few years.
Speaker 2: I actually have a countdown on for my fortieth birthday.
Speaker 2: I figure, let's time it for that a good six
Speaker 2: months off. I don't know what I would do with
Speaker 2: my dog. I think that would be really great because
Speaker 2: I we've not traveled at all, and I just think
Speaker 2: that would be really amazing, especially because we don't plan
Speaker 2: to have kids. I'd prefer to do it like now
Speaker 2: while we can and able to while way back's okay, yep, absolutely,
Speaker 2: But I think the scarcity mindset does stop me from
Speaker 2: wanting to kind of like really struggle to part with
Speaker 2: the money, even though I have some savings and stuff.
Speaker 2: The idea of like even dropping a couple of thousand
Speaker 2: dollars on a holiday, I'm like, oh, I don't know
Speaker 2: about that, even though I really want to do it.
Speaker 2: I was like, I wonder if I could just win
Speaker 2: a holiday.
Speaker 4: Yeah, okay, well, let's work to works that. I mean,
Speaker 4: it's a good.
Speaker 2: Plan manifesting that Way's Jessica reach you where we need her?
Speaker 4: Yeah, I know, right, I actually just finished recording an
Speaker 4: episode about how I think manifestation is bullshit, So that's
Speaker 4: probably not going to sit well. But you've got ages.
Speaker 4: What did you say you were up to, like twenty
Speaker 4: twenty three or something on my podcast? It'll be a
Speaker 4: while to get to that, because I genuinely think it's
Speaker 4: actually about the hard work that you're doing, not manifesting it,
Speaker 4: because if you're looking for it, are you not working
Speaker 4: for it? So? Have you created a holiday plan like
Speaker 4: or are we just not sure about spending thousands of
Speaker 4: dollars on something?
Speaker 1: Like?
Speaker 4: Have we gone and looked at hotels and what we
Speaker 4: do and like, made an aspirational trip.
Speaker 2: I've not looked at anything yet. Just this seed planted
Speaker 2: in my head that didn't like my fortieth birthday, How
Speaker 2: cool would it be if we went and traveled for
Speaker 2: six months?
Speaker 4: Would be so cool?
Speaker 2: It would be so cool. But my partner also doesn't
Speaker 2: like to fly, So I figured my one chance is
Speaker 2: get him over there once, do it all, and come back,
Speaker 2: because if we do a little trip, there's a hard
Speaker 2: chance that I'm getting him back on a flight again.
Speaker 4: Just get him on the international flight. I like it
Speaker 4: so so I wantn't know. I feel like over time
Speaker 4: you've probably collected a few good money habits. What do
Speaker 4: you think your best is?
Speaker 2: Yeah, okay, so I have a couple so shot Back
Speaker 2: didn't know about it until the podcast, Adore.
Speaker 4: I like that I've I've actually had an impact here,
Speaker 4: like this is stroking my ego, like you wouldn't believe.
Speaker 4: Thank you for that.
Speaker 2: So I I'm up to five hundred and sixty one
Speaker 2: dollars in she like shot Back money since May twenty
Speaker 2: twenty four isn't a while?
Speaker 4: And this free?
Speaker 2: Yes, And I don't buy anything that I'm not supposed
Speaker 2: to in quotation, but it's mainly like dog food, love
Speaker 2: doing the pizza hut.
Speaker 4: Shot Back your genius.
Speaker 2: I always buy my fuel voucher for seven to eleven
Speaker 2: every month, so it's just been accumulating and I'm like
Speaker 2: so surprised. Five hundred and sixty one dollars since May
Speaker 2: not bad.
Speaker 4: That's actually a good deal. And it's free money. And
Speaker 4: if you just didn't have the app, you just wouldn't
Speaker 4: have made it full stop.
Speaker 2: In his story, I tell everyone about it as well.
Speaker 4: Oh my gosh, so do I like? I actually feel
Speaker 4: like people are like oh yeah, but she's sponsored by them.
Speaker 4: I'm like, I'm not right now, I still tell you
Speaker 4: it's incredible, Like I will jump up. Why do you
Speaker 4: think I was sponsored by them? Because I couldn't stop
Speaker 4: be apping about how good they were.
Speaker 2: And then I think. My other good money habit is
Speaker 2: how I manage my up and how I like tweak
Speaker 2: my budget. So I have six everyday savers. It's like
Speaker 2: groceries and eating out, transport and fuel, and I have
Speaker 2: like my subscriptions internet and phone. I have my Lexi fund,
Speaker 2: which is my dog health and medicine, that sort of stuff.
Speaker 2: So I have six of those, and then fourteen extra savers.
Speaker 4: Fourteen what are you doing?
Speaker 2: Okay, it sounds a little bit crazy, but it's really not.
Speaker 4: No, it's not crazy if it works.
Speaker 2: I actually started doing so every pay I put in
Speaker 2: a little bit like a third of what my anticipated
Speaker 2: like utilities are going to be, so instead of in
Speaker 2: that month's pay having a huge chunk come out, I've
Speaker 2: been building on it for the last three months. I
Speaker 2: have an emergency fund ticking away. I have the weekly saver.
Speaker 2: I don't remember where I saw this, but it's like
Speaker 2: week one a dollar Week two two dollars and then
Speaker 2: by the end of the year, you've got one thousand
Speaker 2: and three hundre from seventy eight. I have family and
Speaker 2: gifts that I put one hundred dollars into that every
Speaker 2: pay Christmas one hundred dollars of that every pay I
Speaker 2: get paid monthly, and then obviously home and car insurance
Speaker 2: and then like a discretion it.
Speaker 4: Oh my god, I'm loving this. I was going to ask, like,
Speaker 4: how did you do your budget? So is this then
Speaker 4: on a spreadsheet? And then you've implemented this on up
Speaker 4: bank or how have we done this?
Speaker 2: Yes? Okay, So I have my beautiful spreadsheet, I have
Speaker 2: it mapped out for the entire year, and I have
Speaker 2: like all of my fixed expenses, and I tweak it.
Speaker 2: The things that will change it is like if I'm
Speaker 2: going to have my hair done, but now that I've
Speaker 2: got my discretionary fund, it comes out of that. It's
Speaker 2: the weekly savor that changes it mildly. So the week
Speaker 2: one blah blah blah. And then I go into up
Speaker 2: bank and they have a feature pay splitting, and I
Speaker 2: go and I tweak that every month just before I
Speaker 2: get paid, just tweak it if I need to like,
Speaker 2: if I know I'm going to be going out extra
Speaker 2: times to eat, I'll put a little bit more in
Speaker 2: or that sort of stuff that feature I love so much.
Speaker 4: That is so cool. I adore that for you and
Speaker 4: that it's working and that you know you're like, hey, queen,
Speaker 4: I've got six everyday accounts and then I have fourteen
Speaker 4: extra savers. I'm like, sorry, sit down and you. Jesse
Speaker 4: got to eat cheek because she does something really similar
Speaker 4: al like she's planning for everything and then I've got
Speaker 4: my little cash hub system and it works really well
Speaker 4: for me. But it's so cool to learn what other
Speaker 4: people are doing, because I think a lot of us
Speaker 4: ask like, oh, like, what's the best way to budget,
Speaker 4: and it's like, there isn't one. There's just one that
Speaker 4: really works for you and resonates with you and makes
Speaker 4: you feel in control. I'm obsessed. I'm going to give
Speaker 4: you actually access to my money masterclass so that you
Speaker 4: can have my budget and cash flow system because I
Speaker 4: want to see how you go with that and whether
Speaker 4: that helps relieve a little bit of anxiety. There's also
Speaker 4: a whole heap of mindset videos that I think will
Speaker 4: be really helpful, but flipping over. Tell me what's your
Speaker 4: worst money habit. Surely you don't have one I do.
Speaker 2: It's food.
Speaker 4: Ah yeah, okay, what kind of food though.
Speaker 2: There's kind of like no limit. I'm not even boushi.
Speaker 2: I don't go out for fancy dinners. I am a
Speaker 2: take me to McDonald's. The happiest person on this earth. Yeah,
Speaker 2: like we love a nugget. We do, we do normally.
Speaker 2: I'll call my husband when I'm leaving the city to
Speaker 2: lend no I'm coming home and to kind of gauge
Speaker 2: what we're going to have for dinner. And it kind
Speaker 2: of doesn't even take it word coming out of my
Speaker 2: mouth for him to know that I'm angling for takeaway.
Speaker 4: Yeah, niconic, that's me. That's me.
Speaker 2: So that's pretty bad my food spending.
Speaker 4: But does that make you happy?
Speaker 2: It doesn't make me really happy.
Speaker 4: Okay, So, Le, should we really be changing something when
Speaker 4: you just told me hod unless just do a really
Speaker 4: quick breakup? Six everyday accounts, fourteen savers. You've started investing
Speaker 4: relatively aggressively, like you are not only investing, you're doing
Speaker 4: direct shares, and you've just dipped your toes in like
Speaker 4: an ETF like Queen, I think that we can do
Speaker 4: the food based on your budget.
Speaker 2: I just would like to shop a little bit more mindfully,
Speaker 2: like my twin sisters with Pole or opposite. She me
Speaker 2: your plans every single Sunday and she snapchats her plan
Speaker 2: for the week, and she really has takeout. Where of
Speaker 2: the convenience life here at our house.
Speaker 4: Is your sister by chance to have children?
Speaker 2: Yes she does.
Speaker 4: Yeah, there you go, there you go. We're living completely
Speaker 4: different lives.
Speaker 2: Yes, but she's like, doesn't really have takeout, makes everything
Speaker 2: at home, and we're like the convenience life chows us.
Speaker 4: Yeah, yeah, yeah, No, I am with you, like we
Speaker 4: cook a lot at home because I organize Marley Spoon.
Speaker 4: And I'm so grateful for that because otherwise I wouldn't
Speaker 4: be trusted when my husband makes jokes at home, because
Speaker 4: obviously if anyone follows me, they know that even with
Speaker 4: Marley Spoon, I'm not the one cooking. It's usually my husband.
Speaker 4: And if I am, that's novel, and it doesn't mean
Speaker 4: I can't cook. It's just in our house that's a
Speaker 4: blue job. My husband does the cooking full stop. End
Speaker 4: of story. But if it's my night to cook, my
Speaker 4: husband will be like, oh, you should cook, and we
Speaker 4: both know that doesn't mean cook. We both know that
Speaker 4: means using the Uber eatsapp to audit dinner. Like we
Speaker 4: both know that he's like, Oh, it's your turn to cook.
Speaker 4: What are we having? Like Indian, I'll be like, thank
Speaker 4: you for getting me. I regret nothing.
Speaker 2: The other bad money habit is I have like this
Speaker 2: generosity streak.
Speaker 4: Oh no, you're too kind.
Speaker 2: I'm too kind, But I think more like wanting to
Speaker 2: be like like feeling like I don't know. It's like
Speaker 2: something in me that feels like if I buy you
Speaker 2: something or I don't know. It's a really hard one
Speaker 2: to explain. Yes, I'm really working on that one.
Speaker 4: No, I get it. I so get it. And do
Speaker 4: you know what. I've come to the conclusion that I
Speaker 4: need to reflect on why I'm doing it, but it
Speaker 4: doesn't mean it's a bad thing to do it, Like
Speaker 4: I need to just make sure that I'm doing it
Speaker 4: for the right reasons, like not because i want someone
Speaker 4: to like me, but more because I want Like I'm
Speaker 4: a gift giver inherently, like I just love giving people
Speaker 4: a gift that they adore. Like if I found out
Speaker 4: that you loved something and I was able to find
Speaker 4: it for you. Oh my goodness, Like that's my favorite.
Speaker 4: Like I don't want to just buy you something for
Speaker 4: the fun of it, but like if I see something
Speaker 4: and I think it's you, I'm going to get it
Speaker 4: and that gives me probably more joy than it gives you.
Speaker 4: But we just need to keep ourselves in check there
Speaker 4: because obviously if it's people pleasing streak, that involves a
Speaker 4: lot more conversation with ourselves.
Speaker 2: That's what it is. That's the exact word, that's right.
Speaker 4: Yeah, yeah, Look, I am so impressed with you, Like
Speaker 4: I am obsessed with the story we had, how vulnerable
Speaker 4: you were, Like learning so much about you, you're investing
Speaker 4: your house, like the fact that you're so clear on
Speaker 4: what life looks like. You said you're a SI. Though,
Speaker 4: talk to me about this person independently of you. You know,
Speaker 4: she grew up in a situation where her parents were
Speaker 4: so worried about you know, money, parents are working second
Speaker 4: cleaning jobs till midnight, and she now earns one hundred
Speaker 4: and twenty grand a year and she's killing life. Like
Speaker 4: is she a sea?
Speaker 2: Maybe more of a bee. There are some things that.
Speaker 4: I we can always want to be better, but I
Speaker 4: get that.
Speaker 2: Yeah, Like a big one on my list is working
Speaker 2: out my super, like I know that it's not really
Speaker 2: performing at the moment. That's like one of my goals
Speaker 2: for the you to move my super across. There's just
Speaker 2: like little things that I want to achieve before I
Speaker 2: can think that I'm anything more than it'd be.
Speaker 4: All right, well, I'll leave you there. I'm not going
Speaker 4: to bully you into a higher level, but get your
Speaker 4: insurances sorted because then you can change your super without worry.
Speaker 4: And right now that seems like a block because obviously
Speaker 4: you don't want to lose the insurance inside that super.
Speaker 4: And then you're like, well what do I do? Do
Speaker 4: I transfer all of it or some of it? Like
Speaker 4: what am I rolling over? And you can literally talk
Speaker 4: to the fight. They won't be able to give you
Speaker 4: super advice, but they'll be able to talk you through
Speaker 4: like your decision making process, and that's really helpful. And
Speaker 4: I think getting that in place is a really good idea.
Speaker 4: And then I think you should be talking to a
Speaker 4: broker just to get an idea of what property could
Speaker 4: look like, so you and your partner could just be
Speaker 4: on the same page about creating a plan or not
Speaker 4: creating a plan. Yeah, I've adored this. This is so good.
Speaker 4: Thank you for your vulnerability. Thank you for sharing your story.
Speaker 4: I just know that the community is going to love
Speaker 4: this as much as I have.
Speaker 2: Thank you.
Speaker 4: Oh my goodness, Money Doris, thank you so much. It
Speaker 4: has been a pleasure. The ad buy shared on She's
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