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Speaker 1: She's on the Money.

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Speaker 2: She's on the Money.

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Speaker 3: Hello, and welcome to She's on the Money, the podcast

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Speaker 3: for millennials who want financial freedom. My name is Victoria

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Speaker 3: Devine and I am a financial advisor, a millennial and

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Speaker 3: a woman who is all wildly passionate about all things finance. Now,

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Speaker 3: our friend Georgia is away this week. It actually turns

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Speaker 3: out that you're not allowed to come into the studio

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Speaker 3: if you're waiting for a COVID test result to come back.

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Speaker 1: That falls.

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Speaker 3: So we've got legends and She's on the Money. Team

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Speaker 3: members Ryan John and Jess joining us instead.

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Speaker 1: How lucky are we feeling good?

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Speaker 3: Welcome to the very first episode of twenty twenty one Friends.

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Speaker 1: Yep.

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Speaker 4: Now, today's episode is all about goal setting for the

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Speaker 4: new year. However, this time last year, Victoria Divine, you

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Speaker 4: and your partner set a goal for twenty twenty.

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Speaker 1: What was it?

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Speaker 3: It was to purchaself first home?

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Speaker 4: Ryan John And what happened at the end of last year?

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Speaker 4: What has just happened in your life?

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Speaker 3: I've purchased my first home, which is very, very fun

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Speaker 3: and a goal that honestly has been a fair few

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Speaker 3: years in the making and achieving it honestly is so

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Speaker 3: exciting and genuinely, we could not be prouder of ourselves

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Speaker 3: at the moment.

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Speaker 4: So this episode is all about goal setting. You've obviously

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Speaker 4: just achieved a goal. So is it fair to say

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Speaker 4: we're going to learn how to set realistic goals how

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Speaker 4: to actually achieve it? Because I know a lot of

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Speaker 4: people in our group say I set goals and I

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Speaker 4: don't achieve them, and most people say their goal is

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Speaker 4: to buy a house.

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Speaker 1: So I feel like this is a really great area.

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Speaker 3: It's one story, but my friends, I have done it,

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Speaker 3: and I am going to share with you literally every

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Speaker 3: way I have done it and literally the rest of

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Speaker 3: the process, isn't we right?

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Speaker 1: Yeah, and we can talk about the YouTube video now

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Speaker 1: as well.

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Speaker 3: No, we can totally talk about the YouTube video.

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Speaker 4: So on YouTube right now, there is a house tour

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Speaker 4: of Victoria's house if you want to check it out.

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Speaker 1: Myself and Via and actually Jess you're in it as well.

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Speaker 2: Were all out for my little cameo.

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Speaker 3: It's very beautiful like your cameo. Obviously made the video,

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Speaker 3: but we're going to drop that in the Facebook group first,

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Speaker 3: So if you're a member, you're we able to see

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Speaker 3: the video exclusively first and then maybe next week we'll

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Speaker 3: make it public.

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Speaker 4: So v Today's episode is five ways to start your

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Speaker 4: twenty twenty one on the right foot financially. However, giant asterisk.

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Speaker 4: You don't love year's resolutions, do you? No?

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Speaker 3: I don't. I just don't think anyone on that She's

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Speaker 3: on the Money team does either, because usually we stick

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Speaker 3: to them for like a week and then we lapse

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Speaker 3: into old habits, which is totally deplating. And what She's

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Speaker 3: On the Money is about is celebrating the new year

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Speaker 3: and establishing some goals for the year ahead. And to

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Speaker 3: be honest, all of these tips should be super relevant

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Speaker 3: anytime of the year when you're ready to set a goal,

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Speaker 3: not just the start of January. So if you're listening

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Speaker 3: to this and it's April, you can implement these anytime

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Speaker 3: you want. It is not something do you have to

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Speaker 3: wait for a new year to start afresh.

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Speaker 4: I feel like it's a big excuse. In November, December, yeah,

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Speaker 4: next year, Like.

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Speaker 3: No, if you want to change something about your life,

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Speaker 3: now is the best time. And I think that you know,

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Speaker 3: it's just coincidental that everyone wants to talk about it now.

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Speaker 3: And that's why we're doing it. But it's not necessarily

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Speaker 3: because we think that you have to set financial goals now,

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Speaker 3: like set the one. You're ready, my friends, all.

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Speaker 4: Right, we're going to have five tips this episode. Number one,

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Speaker 4: take the time to sort out your budget and your

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Speaker 4: cash flow.

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Speaker 3: I feel like that was going to be an obvious

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Speaker 3: one from me, and obviously I wrote these five tips,

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Speaker 3: so I'm not going to be surprised by any of them.

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Speaker 1: Right, I'm just reading a great idea, right.

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Speaker 3: But I think it is one of those things that

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Speaker 3: people bury their heads in the sand about. We need

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Speaker 3: to be taking ownership of where we are and really

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Speaker 3: establish complete transparency over our finances, of where we're at

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Speaker 3: and where we're going and what we want to achieve,

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Speaker 3: because if we don't understand our budget and cash flow, like,

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Speaker 3: how do we create goals that are actually achievable? And

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Speaker 3: Ryan just we were all having this discussion earlier that

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Speaker 3: we see sometimes in our Facebook group people being like, oh,

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Speaker 3: I really want to save ten thousand dollars this year,

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Speaker 3: and you go, wow, that's such a great goal. How

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Speaker 3: are you going to do it? And they're like, well,

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Speaker 3: I'm saving three hundred dollars a month. You're like, okay,

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Speaker 3: but you're not going to that's not possible. Like if

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Speaker 3: you got more money that you're saving and they're like,

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Speaker 3: oh no, no, no, And then I just don't want

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Speaker 3: you to be upset at the end of the year

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Speaker 3: when you don't achieve that goal. So it's about understanding

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Speaker 3: your budget and your cash flow and what surple's income

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Speaker 3: you have, so we know what you are working with.

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Speaker 4: Do you think, if you like in that example, which

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Speaker 4: I think anyone who's in the Facebook group, there's been

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Speaker 4: so many different versions of that, Oh that doesn't quite.

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Speaker 3: Exactly, even money diaries from previous seasons, and like just

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Speaker 3: listening to people going, but that's not going to work out.

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Speaker 3: You're going to be really upset.

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Speaker 4: Do you think when you set this high goal that

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Speaker 4: you know mathematically you're not going to achieve, that just

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Speaker 4: gives people they get halfway through the year they're nowhere

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Speaker 4: near it, so they just smash their cash and blow

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Speaker 4: out and end up back at zero, where if they

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Speaker 4: hadn't had a smaller target they would actually do better off.

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Speaker 3: Yes, And if you'd had a smaller target that was

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Speaker 3: broken down into even more small targets such as Christmas

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Speaker 3: presents or you know, in the Facebook this week, we

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Speaker 3: actually saw someone saying, you know, I blew so much

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Speaker 3: money on my hair at Christmas time. And it was like, well,

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Speaker 3: that's something that you shouldn't feel bad about if it won.

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Speaker 3: It was related to her mental health and you know,

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Speaker 3: Christmas being pretty traumatic for her and that helped her

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Speaker 3: get through. And I was just like, emergency funds are

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Speaker 3: for that, for helping us get through, and your emergency

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Speaker 3: fund might be different to somebody else's emergency fund, like

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Speaker 3: she might have used it on her hair, and that

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Speaker 3: genuinely was helping her mentally more than a three hundred

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Speaker 3: dollars therapy session could have. And I think that you know,

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Speaker 3: sticking your own lane, picking your own journey, but also

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Speaker 3: let's try and foresee what those smaller things would be.

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Speaker 3: Because three hundred dollars at Christmas time, if you know

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Speaker 3: you want to do that, that's seven dollars a week.

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Speaker 3: So start doing that absolutely all, right, Next point, next point, Jess,

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Speaker 3: what is it?

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Speaker 4: Yes?

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Speaker 2: Next up? We have reflect on twenty twenty to figure

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Speaker 2: out what you want moving forward.

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Speaker 3: Okay, this one is a good one, and we spoke

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Speaker 3: about this last week on the pod. To be honest,

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Speaker 3: like twenty twenty bit of a garbage fire for a

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Speaker 3: lot of us, a bit of a ride off what

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Speaker 3: do you reckon? But twenty twenty was also a chance

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Speaker 3: for a lot of us to reassess what we actually

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Speaker 3: want from our lives, what we liked and maybe what

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Speaker 3: we didn't like, and gain a bit of ununderstanding of

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Speaker 3: what we actually want to do next year, and just

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Speaker 3: making sure that we are living our lives in line

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Speaker 3: with our values and the things that we are finding important.

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Speaker 3: Because I think as much as being in isolation has,

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Speaker 3: you know, upset us, I think it's also given us

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Speaker 3: a little bit of reflection time to work out what's

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Speaker 3: really important. And I'm seeing some really beautiful stories coming

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Speaker 3: out of our community about how people saying, look, I'm

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Speaker 3: really realizing, go, I want to spend more time with

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Speaker 3: my kids or my family, or my partner, or I

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Speaker 3: want to spend more time walking outside or you know,

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Speaker 3: I've even had that point of realization where I love

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Speaker 3: my morning walks with my partner and now it's a

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Speaker 3: complete non negotiable for us to do that morning walk

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Speaker 3: before I even come to work, and I just think

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Speaker 3: it puts me in the right frame of mind. And

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Speaker 3: I think there are a lot of us who would

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Speaker 3: have found behaviors or implemented things that are really good

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Speaker 3: for their mental health but also their fitslicual health and

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Speaker 3: hopefully their financial health that they can implement. So I

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Speaker 3: think that reflecting on twenty twenty and what we actually

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Speaker 3: want to do moving forward is so so important And

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Speaker 3: at the end of the day, this does play a

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Speaker 3: part in how we spend our money and what our

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Speaker 3: goals are and what we want to strive towards. And

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Speaker 3: like having you think about what we actually want to

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Speaker 3: spend money on. Now, would you like to save Were

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Speaker 3: you actually in a position during COVID where you did

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Speaker 3: save more? If so, how did that change your life?

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Speaker 3: Obviously from not being able to leave the house? How

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Speaker 3: did that change your life? And is that something you

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Speaker 3: want to continue and if it is, how can you

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Speaker 3: do that? But also were you a little bit too

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Speaker 3: hard on yourself during that period of time and how

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Speaker 3: can you be kind to yourself moving forward so that

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Speaker 3: twenty twenty one is a year where we achieve a

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Speaker 3: whole heap together.

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Speaker 4: Is there any go to questions you have v that

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Speaker 4: people can ask themselves in the process of trying to

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Speaker 4: figure out what their values actually are, because I know

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Speaker 4: we talk about values a lot, but how do we

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Speaker 4: actually ask ourselves what do I value?

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Speaker 3: I think it's I think it's a bit more innate

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Speaker 3: and it's a little bit more internal. It's not something

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Speaker 3: you can sit down and go sorry, I've decided my

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Speaker 3: values are money and I yes, yeah. I think it's

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Speaker 3: about your feeling and being able to sit with that.

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Speaker 3: And something that I think is really important is being

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Speaker 3: able to sit with the decision. So it's thinking about

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Speaker 3: your life and where you want it to go and

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Speaker 3: maybe thinking ahead. And you know, it's the worst interview

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Speaker 3: question ever, like where do you see yourself in ten years?

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Speaker 1: Yes, in your job, in your job.

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Speaker 3: Like obviously like shakes on the money, but I think

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Speaker 3: it's well, where do you see yourself in ten years?

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Speaker 3: And really just sitting down and like I'm I'm kind

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Speaker 3: of a fluffy person, so like meditations and stuff are

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Speaker 3: very down my alley, but just sitting there and going

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Speaker 3: all right, well what does that look like? And thinking

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Speaker 3: about your gut and how does that actually make you feel?

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Speaker 3: Like if I said, all right, well you'll have financial freedom,

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Speaker 3: Does that you know, have a sense of relief associated

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Speaker 3: with it? Does that have you know, a sense of

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Speaker 3: you know, belonging associated with it? Does it stress you out?

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Speaker 2: Like?

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Speaker 3: How are you feeling about those things? Because often if

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Speaker 3: I put you in a situation and I put a

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Speaker 3: value on you that is not your value, doesn't feel

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Speaker 3: like it sits right, It doesn't feel like it belongs,

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Speaker 3: and you really need to sit down and go, Okay,

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Speaker 3: will buying a house? It actually makes me feel really uncomfortable,

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Speaker 3: you know? Why does it make me feel really uncomfortable?

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Speaker 3: And talking through those things? And I think that I

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Speaker 3: know that's a really fluffy answer. Obviously, I'm gonna say,

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Speaker 3: you know, go and write down your values and your

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Speaker 3: money story and understand that. But I've harped about all

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Speaker 3: of that stuff. I've harped on about all that stuff

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Speaker 3: on historical podcasts. But I think this one is more

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Speaker 3: about just listening to your gut and what do you

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Speaker 3: feel and what enriches your life and what makes you

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Speaker 3: feel full, like what fills up your cup?

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Speaker 4: Do you think the reason people don't achieve some of

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Speaker 4: their goals is because of what you're just saying. They

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Speaker 4: might not set the right goals that actually gets them

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Speaker 4: really passionate. They're just setting goals that seems like, oh,

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Speaker 4: I feel like I'm supposed to kind of have a

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Speaker 4: goal like buying house, even though it terrifies me. Maybe

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Speaker 4: if they had a goal that they really actually wanted,

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Speaker 4: they'd be more likely to get it.

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Speaker 3: Absolutely, And I think that some people are really self

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Speaker 3: sabotaging when it comes to goals like that. And I

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Speaker 3: meet lots of people who do this, who say, oh,

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Speaker 3: I really want to buy a house, and I go, okay, cool,

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Speaker 3: So why are you spending fifteen hundred dollars to two

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Speaker 3: thousand dollars a month going out? And they're like, oh,

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Speaker 3: like I'll get to saving for a house. And it's like, well,

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Speaker 3: if you really wanted it, you wouldn't be throwing that

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Speaker 3: money away. It's obviously not a goal that really inspires you.

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Speaker 3: What is a goal that really inspires you? Oh, I've

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Speaker 3: really wanted to work in London? Okay, now we're getting somewhere,

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Speaker 3: Like now we're talking like what would that mean to you?

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Speaker 2: Oh?

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Speaker 3: It would be so cool? Okay, Well, why is buying

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Speaker 3: a house so important to you?

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Speaker 4: Oh?

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Speaker 3: My best friend did it or my dad keeps telling

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Speaker 3: me to do it. Okay, But if you want to

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Speaker 3: work in London and that's the thing that sparks joy

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Speaker 3: for you, like do more of that?

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Speaker 4: Yeah, well that actually ties in nicely to our next point.

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Speaker 4: The third point is quit the comparison. It's the thief

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Speaker 4: of joy. And is that similar to what you're just saying.

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Speaker 4: People are setting goals because oh, their friend had that

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Speaker 4: goal and it looked cool and everyone gave them a

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Speaker 4: high five.

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Speaker 1: And I want that one hundred percent.

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Speaker 3: And I feel like so many people compare their journeys

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Speaker 3: to that of other peoples, but you don't know what

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Speaker 3: part of the journey they're on. So if you're at

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Speaker 3: the start of your financial journey and you've only just

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Speaker 3: started listening to She's on the Money, the money diaries

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Speaker 3: are going to feel really overwhelming because you're not used

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Speaker 3: to hearing them, and you're not used to being surrounded

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Speaker 3: by so many people who are like, all right, well,

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Speaker 3: this is my budget and these are the steps I've

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Speaker 3: taken on my journey, and you just feel so behind.

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Speaker 3: So stop comparing your beginning to somebody else's middle or

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Speaker 3: somebody else's you know. Two thirds in because they went

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Speaker 3: through probably really similar struggles to you in the very beginning,

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Speaker 3: and even if they didn't, it's your journey, it's your

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Speaker 3: lanes today in it.

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Speaker 4: And can I just say this is a lot easier

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Speaker 4: than done because some of the money diaries that are

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Speaker 4: coming up are the one next week. Oh my gosh

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Speaker 4: and I both read this email and almost started crying

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Speaker 4: because this twenty four year old saved so much money

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Speaker 4: and what we do with our lives, and like.

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Speaker 3: I think that's really important as well, because that was

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Speaker 3: it that money diarist who said on the phone, she

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Speaker 3: was like, oh, yeah, I've just got to remind myself

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Speaker 3: that you guys are people still, but yes, of course

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Speaker 3: we are, Like we are so guilty of this. Like

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Speaker 3: Ryan and I were listening to that money Diarist comparing

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Speaker 3: ourselves and we actually had to do a bit of

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Speaker 3: a check in to be like, what are we doing? Yeah,

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Speaker 3: get back in your own lege.

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Speaker 1: We're doing the thing we're telling now, I.

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Speaker 3: Do as we say, not as we do. Friends.

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Speaker 4: Are there any tips and tricks, whether it be journaling

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Speaker 4: or focusing and writing down your own goals to actually implement.

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Speaker 3: To actually stay in your own leg?

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Speaker 1: Yeah?

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Speaker 3: Yeah, I think it's literally about understanding you and your journey,

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Speaker 3: and the less clarity you have on the things that

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Speaker 3: you love doing and the people that you love surrounding

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Speaker 3: yourself with, and you know, the goals that you've got,

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Speaker 3: the less likely you are to not be able to

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Speaker 3: compare yourself. It's arguably a lot easier for you if

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Speaker 3: you're like, Okay, well, I see Jess. She's saving for

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Speaker 3: her first home, and I'm, you know, saving for a

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Speaker 3: jet ski, and and I think that, you know, I've

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Speaker 3: got to recommember, well that my goal is not her goal,

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Speaker 3: and her goal is not my goal, and that's okay,

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Speaker 3: and stop comparing mine because I've decided that's in line

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Speaker 3: with my values. And while I'm not going to be

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Speaker 3: buying a jet ski anytime soon, I think it's really

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Speaker 3: important to just say, like, everybody else's goals are different,

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Speaker 3: and if that is yours, fantastic. But I think it's

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Speaker 3: more about you are choosing that goal. You are choosing

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Speaker 3: to allocate your finite resources to that, and I think

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Speaker 3: if you're choosing to allocate your resources to that, it

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Speaker 3: better be the right thing.

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Speaker 4: Side note, the reason we're laughing at jet skis because

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Speaker 4: someone wrote that in the group and we all read

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Speaker 4: it were life.

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Speaker 3: Go for it mate, if that is your goal, by your.

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Speaker 1: Jet ski, we love it all right. The next tip, Jess, this.

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Speaker 2: Is when we talk about a lot in our Facebook group,

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Speaker 2: and that is getting on top of your emergency account.

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Speaker 3: Yes it is, and I like that just calls it

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Speaker 3: our Facebook account. Yeah, good for you. You're on the team.

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Speaker 3: Yeah yeah, I don't know if you guys have noticed,

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Speaker 3: but Jess might have recently been added as an admin

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Speaker 3: because she's the newest she's on the Money Team member

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Speaker 3: and we are very lucky to have her. But she

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Speaker 3: is right. Getting on top of your emergency account is

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Speaker 3: the number one thing I want you to do now.

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Speaker 3: I always say crushed it first. But if you don't

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Speaker 3: have an emergency account, you're at really large risk of

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Speaker 3: going back into debt if something bad happens. And so

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Speaker 3: for me, saving while you're in debt is a really

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Speaker 3: bad idea. But to me, an emergency account isn't really saving.

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Speaker 3: It's an emergency account. It is there for emergencies, so

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Speaker 3: debt needs to be dealt with before we can start saving.

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Speaker 3: But an emergency account puts you in a situation when

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Speaker 3: the proverbial hits the fan. You can make sure that

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Speaker 3: you actually stay on track to getting rid of that

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Speaker 3: debt and you're not, you know, going into more debt

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Speaker 3: because you know, your car broke down, or your insurance

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Speaker 3: was up, or something happened to put you in a

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Speaker 3: situation where your only choice would be backwards. So I

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Speaker 3: think that we need to be really kind to ourselves.

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Speaker 3: In an emergency account is the way to do that.

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Speaker 3: So for me, you know, it puts you in a

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Speaker 3: position where you end up feeling super secure financially even

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Speaker 3: though you're in personal debt.

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Speaker 4: Do you have a recommendation or I know everyone's going

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Speaker 4: to be different again, but is an emergency account maybe

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Speaker 4: a certain amount of months of your income or is

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Speaker 4: it your bills for the next six months, or is

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Speaker 4: it just a two thousand dollars flat feet what should people?

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Speaker 3: It's different and I'm so sorry that I I can't

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Speaker 3: say it's perfect, But at the end of the day,

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Speaker 3: everybody is different. Some of the She's on the money

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Speaker 3: community have five hundred dollars in their emergency account and

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Speaker 3: that is perfect for them. I've also got clients who

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Speaker 3: have more than one hundred thousand dollars in their emergency

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Speaker 3: accounts because that makes them feel financially secure. And I'm

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Speaker 3: not here saying you need this or that, but I

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Speaker 3: think a really good way to think about it is,

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Speaker 3: if an accident happened, or if something happened to me,

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Speaker 3: what is the biggest bill I would get at this point?

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Speaker 3: And you know, if you've only got third party insurance

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Speaker 3: on your car insurance, maybe that's a lot bigger than

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Speaker 3: someone who has comprehensive insurance. So I think it's really

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Speaker 3: important to just understand what your situation is. But I

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Speaker 3: do think a really safe place to play. And I'm

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Speaker 3: not saying that this is achievable for everybody, but if

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Speaker 3: you are in your mid twenties, I'd be trying to

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Speaker 3: have at least two thousand dollars in that because you know,

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Speaker 3: if your rego comes up, or your insurance comes up,

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Speaker 3: or you've forgotten about these things, or you know, you

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Speaker 3: get a really big speeding fine, at least you've still

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Speaker 3: got at least one thousand dollars in that emergency account.

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Speaker 3: Because sometimes the proverbial hits the fan more than once

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Speaker 3: in a month, and that just feels like a kick

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Speaker 3: in the guts and that emergency fund is there for

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Speaker 3: those things.

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Speaker 4: I'm really annoyed because you just reminded me my redgo

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Speaker 4: is due. I'm sorry, that's so annoying.

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Speaker 3: Mine is true, don't worry.

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Speaker 1: Yeah, let's get.

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Speaker 4: To number five, which is identifying your goals in twenty

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Speaker 4: twenty one. So obviously everything we've talked about kind of

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Speaker 4: leads to this crescendo. If you will random question though,

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Speaker 4: does it make a difference if we actually write it

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Speaker 4: down or is there a process rather just thinking, oh yeah,

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Speaker 4: I'll probably get about one hundred percent.

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Speaker 3: Science tells us you are sixty percent more likely to

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Speaker 3: achieve a goal that you've written down, and I think

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Speaker 3: that that is epic. So get out your napkins, gat

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Speaker 3: out your iPhones, write that stuff down. It puts you

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Speaker 3: in a position where you are more likely to stick

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Speaker 3: to that because you've kind of visualized it. And I

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Speaker 3: know this sounds really lame, but if you've got like

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Speaker 3: a vision board or you know, have different places that

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Speaker 3: you can put this goal, the more likely you are

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Speaker 3: to achieve it. Breaking it down even further than that

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Speaker 3: is obviously going to help as well. So writing down

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Speaker 3: I would like to buy a house is to me

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Speaker 3: not good enough. I would like to buy a house

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Speaker 3: in five years, and I would like to have one

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Speaker 3: hundred thousand dollars saved as a deposit is a far

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Speaker 3: better goal than I would like to buy a house.

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Speaker 3: We don't want animosity when it comes to goal setting.

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Speaker 3: We want clarity, and we want so much clarity that

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Speaker 3: if I gave my goal to somebody else, they could

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Speaker 3: essentially use it. Not that they should because they should

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Speaker 3: be in their own lane.

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Speaker 4: Yeah, how much do we need to sort of break

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Speaker 4: it down? So for instance, my wife, now wife.

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Speaker 2: You.

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Speaker 3: Guys are playing along at home, Ryan, when'd you get

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Speaker 3: married last week?

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Speaker 4: Yeay, just snuck it in before our for the new year,

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Speaker 4: and before our photographer is heavily pregnant. So she just said,

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Speaker 4: if you guys want to use me, you have to

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Speaker 4: do it by the end of the year.

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Speaker 3: That you loved your photographer so much that you literally

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Speaker 3: planned your wedding dated.

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Speaker 1: All for her. Georgia Verels was their name.

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Speaker 4: But anyway, we want to save up for our you know,

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Speaker 4: in inverted commas sort of forever home kind of thing.

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Speaker 4: Do we break it down per year? Are do we

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Speaker 4: say per month? We need to save this much per week?

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Speaker 4: How much like when you say break it down, how

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Speaker 4: much do we really need to break it down?

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Speaker 3: It depends on your level of motivation, and I think

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Speaker 3: that in this position, the more broken down a goal is,

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Speaker 3: the easier to digest it is. And you know, I

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Speaker 3: like to break goals down to a monthly basis. I've

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Speaker 3: got friends and family who break it down to a

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Speaker 3: weekly basis. And I've got some people in the Shees

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Speaker 3: on the money community who break it down too daily

439
00:18:25,440 --> 00:18:29,520
Speaker 3: in our face. Yeah, I love it, but they do.

440
00:18:29,800 --> 00:18:32,200
Speaker 3: And it's literally the best. If you save twenty seven

441
00:18:32,240 --> 00:18:34,840
Speaker 3: dollars fifty a day every day for this year, you'll

442
00:18:34,840 --> 00:18:36,920
Speaker 3: have ten thousand dollars saved by the end of this year,

443
00:18:37,000 --> 00:18:37,520
Speaker 3: my friends, And.

444
00:18:37,560 --> 00:18:39,879
Speaker 1: That actually sounds easy.

445
00:18:40,640 --> 00:18:42,239
Speaker 2: Twenty seven dollars on dumplings like we did.

446
00:18:42,480 --> 00:18:52,719
Speaker 3: Excuse me, just to remember she's just like under the bus. Yes, absolutely,

447
00:18:52,800 --> 00:18:54,879
Speaker 3: it is Uber Eats dumplings, which by the way, was

448
00:18:55,000 --> 00:18:58,639
Speaker 3: for the entire team. You benefit it, Yeah, you've benefited

449
00:18:58,680 --> 00:18:59,120
Speaker 3: from that.

450
00:18:59,320 --> 00:19:02,320
Speaker 1: So I think that's more you break it down, the.

451
00:19:02,200 --> 00:19:04,560
Speaker 3: More palatable it is going to be, the easier it

452
00:19:04,640 --> 00:19:08,080
Speaker 3: is to achieve. But also breaking down goals means you

453
00:19:08,119 --> 00:19:11,280
Speaker 3: can track your goal better because if you didn't save

454
00:19:11,359 --> 00:19:14,359
Speaker 3: that twenty seven dollars fifty yesterday, you know you're not

455
00:19:14,400 --> 00:19:16,280
Speaker 3: going to achieve that goal at the end of the year,

456
00:19:16,320 --> 00:19:18,880
Speaker 3: and that's just going to build up. I also think

457
00:19:18,920 --> 00:19:22,080
Speaker 3: it helps you understand whether that goal is achievable as well,

458
00:19:22,280 --> 00:19:24,560
Speaker 3: because if you say, look, Rian, I really want to

459
00:19:24,600 --> 00:19:26,960
Speaker 3: save ten thousand dollars this year, and I go, well,

460
00:19:27,000 --> 00:19:28,720
Speaker 3: do you have twenty seven dollars fifty a day to

461
00:19:29,359 --> 00:19:33,359
Speaker 3: put aside? And you go no, If you can't afford that,

462
00:19:33,480 --> 00:19:35,480
Speaker 3: you're not actually going to be able to save ten

463
00:19:35,520 --> 00:19:38,000
Speaker 3: thousand dollars. And it's not saying that that's a bad thing.

464
00:19:38,080 --> 00:19:40,400
Speaker 3: Not everyone needs to do that, but if that's your goal,

465
00:19:40,400 --> 00:19:42,439
Speaker 3: you're going to be really upset at the end of

466
00:19:42,440 --> 00:19:44,679
Speaker 3: this year when you don't achieve that goal. So how

467
00:19:44,680 --> 00:19:47,399
Speaker 3: about reset that goal. If you can afford four hundred dollars,

468
00:19:47,600 --> 00:19:48,680
Speaker 3: maybe we could go half.

469
00:19:49,080 --> 00:19:51,399
Speaker 4: So there's a post in the Facebook group at the

470
00:19:51,440 --> 00:19:55,400
Speaker 4: moment saying what is your goal for twenty twenty one,

471
00:19:55,480 --> 00:19:57,159
Speaker 4: And we're going to do an episode on Friday with

472
00:19:57,320 --> 00:19:59,000
Speaker 4: the three of us just go through the group and

473
00:19:59,040 --> 00:20:01,120
Speaker 4: talk about all our favorite goals that you guys have had,

474
00:20:01,119 --> 00:20:04,000
Speaker 4: So go find that post leave your comment, but also

475
00:20:04,040 --> 00:20:05,560
Speaker 4: have a look at everyone else's in comment on their

476
00:20:05,600 --> 00:20:07,480
Speaker 4: because there are some really great ones. But V before

477
00:20:07,480 --> 00:20:11,160
Speaker 4: we finish up, is there any final words of wisdom

478
00:20:11,400 --> 00:20:14,640
Speaker 4: from our fearless financial leader Victoria Devine.

479
00:20:14,720 --> 00:20:17,280
Speaker 3: I thought Georgia was dramatic. It turns out it's you

480
00:20:17,440 --> 00:20:20,760
Speaker 3: two that is even more dramatic. And I now know

481
00:20:20,840 --> 00:20:23,080
Speaker 3: that it runs in that She's on the Money family. No,

482
00:20:23,240 --> 00:20:25,679
Speaker 3: I think it's just about being clear and honest with

483
00:20:25,760 --> 00:20:28,400
Speaker 3: yourself this year. Last year, so many of us fell

484
00:20:28,400 --> 00:20:30,600
Speaker 3: off track, and I think it's just about being really

485
00:20:30,640 --> 00:20:33,560
Speaker 3: honest and really kind with ourselves and taking the time

486
00:20:33,600 --> 00:20:35,480
Speaker 3: to sort through your budget and have a think about

487
00:20:35,640 --> 00:20:37,679
Speaker 3: what twenty twenty meant to you and the things that

488
00:20:37,720 --> 00:20:40,920
Speaker 3: you've valued, making sure you're not comparing yourself to the

489
00:20:41,000 --> 00:20:44,119
Speaker 3: journey of other people's, making sure you have that emergency account,

490
00:20:44,160 --> 00:20:46,800
Speaker 3: and I think you'll be in a financially stable position

491
00:20:47,160 --> 00:20:49,639
Speaker 3: where you can start gaining the confidence that you deserve.

492
00:20:50,400 --> 00:20:52,560
Speaker 4: I know I mentioned the Facebook group before, also check

493
00:20:52,560 --> 00:20:55,200
Speaker 4: out our Instagram as well. She's on the Money aus

494
00:20:55,240 --> 00:20:58,000
Speaker 4: if you want to see everyone's money wins, which actually, jess,

495
00:20:58,000 --> 00:20:59,240
Speaker 4: what are we doing every Monday now?

496
00:20:59,320 --> 00:21:02,359
Speaker 2: Hashtag money in Monday, tag us on Instagram. We're sharing

497
00:21:02,400 --> 00:21:05,200
Speaker 2: them every single week. We're taking them from the Facebook

498
00:21:05,200 --> 00:21:08,200
Speaker 2: group as well. It's so much fun. And I there

499
00:21:08,240 --> 00:21:09,800
Speaker 2: was one last week some one did like a really

500
00:21:09,880 --> 00:21:12,640
Speaker 2: cute platter idea that I'm one hundred percent stealing.

501
00:21:12,760 --> 00:21:14,680
Speaker 1: So it's good for that too, all right, check that

502
00:21:14,720 --> 00:21:15,640
Speaker 1: out that's on Instagram.

503
00:21:15,680 --> 00:21:17,520
Speaker 3: All right. Just before we head off, we'd like to

504
00:21:17,520 --> 00:21:20,320
Speaker 3: acknowledge and pay respect to Australia's Aboriginal into a Straight

505
00:21:20,400 --> 00:21:23,560
Speaker 3: Islander peoples, the traditional custodians of the lands, the waterways

506
00:21:23,560 --> 00:21:26,199
Speaker 3: and the skies all across Australia. We thank you for

507
00:21:26,240 --> 00:21:28,040
Speaker 3: sharing and for carrying on the land on which we

508
00:21:28,080 --> 00:21:30,560
Speaker 3: are able to learn. We pay our respects to elders

509
00:21:30,560 --> 00:21:34,280
Speaker 3: past and present, and we share our friendship and our kindness. Now,

510
00:21:34,359 --> 00:21:36,639
Speaker 3: the advice shared on She's on the Money is general

511
00:21:36,720 --> 00:21:40,720
Speaker 3: in nature and it doesn't consider or individual circumstances. She's

512
00:21:40,760 --> 00:21:43,919
Speaker 3: on the Money exists purely for educational purposes only and

513
00:21:44,000 --> 00:21:46,480
Speaker 3: should not be relied upon to make an investment or

514
00:21:46,480 --> 00:21:49,960
Speaker 3: a financial decision. And we promise I am an authorized

515
00:21:50,000 --> 00:21:54,560
Speaker 3: representative of Australia Pacific Funds Management Proprietary Limited ABN three

516
00:21:54,680 --> 00:21:57,679
Speaker 3: four one three two four six three two five seven

517
00:21:58,040 --> 00:22:02,400
Speaker 3: AFSL three three nine one five one. And again thank

518
00:22:02,440 --> 00:22:05,560
Speaker 3: you to Ryan and Jessica for joining me today and

519
00:22:05,600 --> 00:22:08,080
Speaker 3: to Beck who is our producing queen.

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00:22:08,359 --> 00:22:15,120
Speaker 1: Absolutely all right, Thanks guys, see you next week. Bye bye,