1 00:00:00,640 --> 00:00:04,880 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud your 2 00:00:04,920 --> 00:00:08,639 Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before 3 00:00:08,640 --> 00:00:11,119 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,160 --> 00:00:14,280 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,400 --> 00:00:17,639 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,120 --> 00:00:22,240 Speaker 1: acknowledging the elders, the ancestors and the next generation coming 7 00:00:22,280 --> 00:00:26,920 Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing 8 00:00:27,040 --> 00:00:30,080 Speaker 1: and the storytelling of you to make a difference for 9 00:00:30,200 --> 00:00:32,599 Speaker 1: today and lasting impact for tomorrow. 10 00:00:33,280 --> 00:00:34,080 Speaker 2: Let's get into it. 11 00:00:34,760 --> 00:00:38,880 Speaker 3: She's on the Money, She's on the Money. 12 00:00:57,760 --> 00:01:02,080 Speaker 4: Hello, and welcome to Money the Podcast. Millennials who want 13 00:01:02,160 --> 00:01:06,600 Speaker 4: financial freedom. Welcome back to another shop back Money Diary Monday, 14 00:01:06,680 --> 00:01:08,560 Speaker 4: where we get to talk to a community member to 15 00:01:08,640 --> 00:01:11,920 Speaker 4: learn all about them, all about their finances and all 16 00:01:11,920 --> 00:01:13,920 Speaker 4: about the juicy, juicy details of their life. 17 00:01:14,800 --> 00:01:18,160 Speaker 2: Victoria, how you going? What have you got this? Let 18 00:01:18,200 --> 00:01:18,759 Speaker 2: me tell you? 19 00:01:18,840 --> 00:01:22,360 Speaker 4: Our diarist wrote in and said, steep learning curve. I've 20 00:01:22,400 --> 00:01:25,080 Speaker 4: never really been educated on money. I got out of 21 00:01:25,200 --> 00:01:27,960 Speaker 4: a smallish debt at twenty one and left a drop 22 00:01:28,040 --> 00:01:30,960 Speaker 4: kick boyfriend. Yeah, we love that outcome. I feel like 23 00:01:31,000 --> 00:01:33,319 Speaker 4: I'm trying to change my money story. My parents have 24 00:01:33,400 --> 00:01:35,880 Speaker 4: always been a little impulsive and have chopped and changed 25 00:01:35,920 --> 00:01:38,920 Speaker 4: their lives many times and made some bad choices. I'm 26 00:01:39,000 --> 00:01:41,479 Speaker 4: now paying off a house, running a small company, and 27 00:01:41,600 --> 00:01:44,360 Speaker 4: learning to invest with my husband, and we are doing 28 00:01:44,400 --> 00:01:46,959 Speaker 4: all we can to educate our daughter to elevate her 29 00:01:47,000 --> 00:01:47,880 Speaker 4: money story too. 30 00:01:48,080 --> 00:01:50,720 Speaker 3: I love that we got rid of a drop kick boyfriend. 31 00:01:50,840 --> 00:01:54,840 Speaker 3: We're married, We're doing well. Welcome to the show, money Diarist. 32 00:01:54,920 --> 00:01:57,000 Speaker 3: Thanks for coming and hanging out for a bit. 33 00:01:57,360 --> 00:01:58,200 Speaker 5: Thanks for having me. 34 00:01:58,640 --> 00:01:59,680 Speaker 2: Oh my gosh, no, I'm. 35 00:01:59,520 --> 00:02:02,960 Speaker 3: Really so Let's start this as we always do, and 36 00:02:03,040 --> 00:02:05,200 Speaker 3: I'm going to ask can you tell us a little 37 00:02:05,240 --> 00:02:06,760 Speaker 3: bit about your money story? 38 00:02:07,080 --> 00:02:11,800 Speaker 5: Money story? So, growing up, money wasn't really discussed in 39 00:02:11,840 --> 00:02:15,160 Speaker 5: our house, not that it wasn't allowed, just it didn't 40 00:02:15,160 --> 00:02:19,640 Speaker 5: really happen. My mum and dad owned a transport business, 41 00:02:20,480 --> 00:02:23,919 Speaker 5: so money was either there or it wasn't. I found 42 00:02:23,919 --> 00:02:27,520 Speaker 5: they were either chasing texts or income. So it was 43 00:02:27,560 --> 00:02:31,720 Speaker 5: never really budgeted very well. But we were never short, 44 00:02:31,760 --> 00:02:33,960 Speaker 5: like short short of money either. 45 00:02:34,240 --> 00:02:36,320 Speaker 3: But it was ebbs and flows with a bit of 46 00:02:36,360 --> 00:02:38,240 Speaker 3: inconsistency in income. 47 00:02:38,360 --> 00:02:38,560 Speaker 1: Right. 48 00:02:38,800 --> 00:02:41,960 Speaker 5: Oh yes, very much. So if the checks were coming in, 49 00:02:42,080 --> 00:02:45,320 Speaker 5: you'd have a really good year. And of course, being transport, 50 00:02:45,440 --> 00:02:47,839 Speaker 5: the weather play is a big part of that too. 51 00:02:47,840 --> 00:02:49,639 Speaker 5: If you have a very wet year, it would pull 52 00:02:49,639 --> 00:02:53,720 Speaker 5: my dad off work, so money would dry up. So 53 00:02:53,840 --> 00:02:55,680 Speaker 5: I just found it was. Yeah, when it was there, 54 00:02:55,720 --> 00:02:57,600 Speaker 5: it was like, great, we can do all this stuff. 55 00:02:57,600 --> 00:02:59,520 Speaker 5: But then when it wasn't there, it would be months 56 00:02:59,520 --> 00:03:02,680 Speaker 5: of you know, I wouldn't say struggle struggle, but definitely 57 00:03:02,680 --> 00:03:07,480 Speaker 5: you know, harsher times I went through. Yeah, that was 58 00:03:07,560 --> 00:03:10,400 Speaker 5: growing up. I was a little bit of a rebellious 59 00:03:10,440 --> 00:03:13,840 Speaker 5: team compared to my sisters. So I was, you know, 60 00:03:14,080 --> 00:03:15,720 Speaker 5: the one that would get in trouble at school or 61 00:03:15,720 --> 00:03:18,280 Speaker 5: I wouldn't listen, whereas my sister was very switched on 62 00:03:18,440 --> 00:03:20,840 Speaker 5: with stuff, you know, she wanted to be an accountant. 63 00:03:21,639 --> 00:03:24,639 Speaker 5: So when we were heading toward the end of high school, 64 00:03:25,000 --> 00:03:28,760 Speaker 5: my family decided to move to the Bush because they 65 00:03:28,800 --> 00:03:31,880 Speaker 5: wanted to buy acreages. I didn't want to go, so 66 00:03:32,000 --> 00:03:35,400 Speaker 5: I moved out. I was extremely lucky though, that property 67 00:03:35,440 --> 00:03:39,320 Speaker 5: that my parents adjusted for horses had this really little 68 00:03:39,320 --> 00:03:42,240 Speaker 5: old shock on it, so I leased that out with 69 00:03:42,280 --> 00:03:45,840 Speaker 5: some very interesting stories. Yeah, while I looked for work 70 00:03:46,040 --> 00:03:49,720 Speaker 5: down here, and I was only ever taught really good 71 00:03:49,800 --> 00:03:52,119 Speaker 5: work ethics, so it was work hard, you know, bring 72 00:03:52,160 --> 00:03:55,520 Speaker 5: the money in. I didn't finish my HC. So I 73 00:03:55,560 --> 00:03:57,800 Speaker 5: started off with a lot of interesting jobs. I think 74 00:03:57,840 --> 00:04:01,000 Speaker 5: I did food industry, and then I did Woolworths as 75 00:04:01,040 --> 00:04:03,560 Speaker 5: a checkout chick, and I Karate sales, and then I 76 00:04:03,640 --> 00:04:07,000 Speaker 5: ended up into nursing hkre nursing. I had met my 77 00:04:07,080 --> 00:04:09,720 Speaker 5: ex partner at the time, so we'd moved in together. 78 00:04:10,640 --> 00:04:13,920 Speaker 5: He was always out of work, so then I found 79 00:04:14,000 --> 00:04:16,520 Speaker 5: like I was bringing this paycheck home that I was 80 00:04:16,920 --> 00:04:20,479 Speaker 5: really proud of, except he was getting the same amount 81 00:04:20,480 --> 00:04:23,680 Speaker 5: on Senlink. So I was like, oh, this is really 82 00:04:23,800 --> 00:04:27,640 Speaker 5: My point was yeah, especially when I got into nursing, 83 00:04:27,760 --> 00:04:30,479 Speaker 5: because I would be up really really early and you'd 84 00:04:30,520 --> 00:04:32,880 Speaker 5: be going and it was a really hard job, and 85 00:04:32,920 --> 00:04:35,880 Speaker 5: I was just getting really cranky, and I decide, I 86 00:04:35,880 --> 00:04:39,120 Speaker 5: can remember like having arguments with him and saying, you know, 87 00:04:39,760 --> 00:04:43,159 Speaker 5: we need to do better than this. Can't be my life. 88 00:04:43,600 --> 00:04:46,919 Speaker 5: And it got to a point I think I was nineteen, 89 00:04:47,600 --> 00:04:49,560 Speaker 5: and I just said to it. I gave an ultimatum 90 00:04:49,600 --> 00:04:51,480 Speaker 5: and I'm like, you know, by this date, I need 91 00:04:51,520 --> 00:04:53,640 Speaker 5: you in work and I want this, this, and this, 92 00:04:54,279 --> 00:04:56,920 Speaker 5: or I'm leaving it. So happened that my mom and 93 00:04:57,000 --> 00:04:59,360 Speaker 5: dad had moved back from the bush by then because 94 00:04:59,360 --> 00:05:03,159 Speaker 5: that didn't work out for them, and I just packed 95 00:05:03,200 --> 00:05:05,520 Speaker 5: everything into my car one morning and left. 96 00:05:06,080 --> 00:05:07,520 Speaker 2: Oh my gosh. 97 00:05:07,640 --> 00:05:10,760 Speaker 5: Yeah, it was pretty big at the time because I 98 00:05:10,800 --> 00:05:13,080 Speaker 5: was nineteen. I was nursing, and I can remember like 99 00:05:13,200 --> 00:05:15,840 Speaker 5: taking all my stuff back to mums and having a 100 00:05:15,839 --> 00:05:17,479 Speaker 5: cup of tea with her and she's like, so, what's 101 00:05:17,480 --> 00:05:19,400 Speaker 5: happening And I was like, oh, I was just wondering, well, 102 00:05:20,480 --> 00:05:23,200 Speaker 5: I can move home. She was like yes, I'm like good, 103 00:05:23,200 --> 00:05:24,000 Speaker 5: I'll unpack my car. 104 00:05:26,440 --> 00:05:29,120 Speaker 2: You're like I'm ready. Are you ready because I'm already 105 00:05:29,120 --> 00:05:31,200 Speaker 2: here pretty much. 106 00:05:31,440 --> 00:05:34,440 Speaker 5: So yeah, that was the start I think of me 107 00:05:34,640 --> 00:05:38,719 Speaker 5: realizing that life doesn't just happen smoothly. You have to 108 00:05:38,720 --> 00:05:41,000 Speaker 5: figure it out on your own. But I have no 109 00:05:41,279 --> 00:05:43,599 Speaker 5: worries of looking back there. I was really glad I 110 00:05:43,680 --> 00:05:47,280 Speaker 5: did that. And I've watched other people and friends kind 111 00:05:47,279 --> 00:05:49,960 Speaker 5: of fall into traps with bad partners and just be 112 00:05:50,080 --> 00:05:52,800 Speaker 5: promised that it will change or you know, and it 113 00:05:52,800 --> 00:05:53,280 Speaker 5: never does. 114 00:05:53,400 --> 00:05:56,080 Speaker 3: I read a quote on Instagram the other day actually 115 00:05:56,120 --> 00:06:00,680 Speaker 3: that it's easier to change the actual man than change amen, Like, yeah, great, 116 00:06:00,960 --> 00:06:02,640 Speaker 3: just yeat them out, get a new one. 117 00:06:02,720 --> 00:06:03,360 Speaker 2: What a dream. 118 00:06:03,839 --> 00:06:06,800 Speaker 5: Unfortunately, I think it is sometimes. I mean I've met 119 00:06:06,880 --> 00:06:09,640 Speaker 5: gentlemen or I should say both females and males that 120 00:06:09,839 --> 00:06:13,679 Speaker 5: have been bad in past relationships and they change after 121 00:06:13,760 --> 00:06:16,200 Speaker 5: someone leaves them, but I never find it kind of 122 00:06:16,240 --> 00:06:17,840 Speaker 5: happens if they stay. 123 00:06:18,320 --> 00:06:20,480 Speaker 2: Yeah, it's an interesting concept as well. 124 00:06:20,560 --> 00:06:22,960 Speaker 3: And what you were talking about before, just going, oh, 125 00:06:23,040 --> 00:06:26,279 Speaker 3: they're on sentilling and they're earning what I'm earning. What 126 00:06:26,440 --> 00:06:28,720 Speaker 3: I'm feeling from the tone of the way you said 127 00:06:28,720 --> 00:06:30,960 Speaker 3: that actually had nothing to do with the dollar amount, 128 00:06:30,960 --> 00:06:33,200 Speaker 3: because if they were you know, on senlink and like 129 00:06:33,360 --> 00:06:37,159 Speaker 3: studying or doing something, it was more about the mindset 130 00:06:37,200 --> 00:06:39,919 Speaker 3: and the like what they're contributing to the relationship. 131 00:06:39,920 --> 00:06:42,240 Speaker 2: Am I right in reading into that a little bit? 132 00:06:42,760 --> 00:06:45,440 Speaker 5: Very much? So it was just even stuff around the house, 133 00:06:45,560 --> 00:06:49,839 Speaker 5: like he just had a mentality of you know, the 134 00:06:49,880 --> 00:06:51,920 Speaker 5: big things will come, but he wasn't going to get 135 00:06:51,960 --> 00:06:56,920 Speaker 5: anything or he wasn't contributing around the house. So I've 136 00:06:56,960 --> 00:06:59,279 Speaker 5: just learned that I want people sort of on the 137 00:06:59,320 --> 00:07:01,440 Speaker 5: same path as me. 138 00:07:01,760 --> 00:07:04,080 Speaker 2: Yeah, of course, I feel like you made the right 139 00:07:04,080 --> 00:07:05,680 Speaker 2: decision for you. Then I love that. 140 00:07:06,120 --> 00:07:07,320 Speaker 5: Thank you. I think I did too. 141 00:07:08,200 --> 00:07:09,400 Speaker 2: Or money dores. 142 00:07:09,440 --> 00:07:12,920 Speaker 3: Next question, I want to know where you are at now, So. 143 00:07:12,880 --> 00:07:14,760 Speaker 2: Tell us what do you do for work? How much 144 00:07:14,800 --> 00:07:15,600 Speaker 2: money do you earn? 145 00:07:15,920 --> 00:07:20,440 Speaker 5: Okay, so I currently am We created a company. 146 00:07:20,560 --> 00:07:23,280 Speaker 2: Oh, we just created a company, No, biggie. 147 00:07:24,240 --> 00:07:25,720 Speaker 5: I took a lot of learning and a lot of 148 00:07:25,760 --> 00:07:28,800 Speaker 5: discussions with your accountant, but yeah, I've I got into 149 00:07:28,840 --> 00:07:31,840 Speaker 5: mail contracts and we were working for another contractor and 150 00:07:31,880 --> 00:07:34,760 Speaker 5: the opportunity come up to go out on our own, 151 00:07:34,840 --> 00:07:37,960 Speaker 5: so we did, and we just kind of kept growing. 152 00:07:38,360 --> 00:07:39,640 Speaker 5: So I've got three contracts. 153 00:07:39,920 --> 00:07:41,520 Speaker 3: Oh my gosh, the way you said it, you were 154 00:07:41,560 --> 00:07:44,559 Speaker 3: just so flippant about having just started a business, which 155 00:07:44,720 --> 00:07:48,960 Speaker 3: is crazy. So many people would never even consider taking 156 00:07:49,000 --> 00:07:51,000 Speaker 3: the risk, but you were like, ah, we just did it, 157 00:07:51,120 --> 00:07:51,720 Speaker 3: No biggie. 158 00:07:51,800 --> 00:07:54,080 Speaker 5: As I get older and I tell everyone else is too, 159 00:07:54,080 --> 00:07:56,920 Speaker 5: there's a lot of information on the internet. People shouldn't 160 00:07:56,960 --> 00:08:01,480 Speaker 5: be as scared as I want. You can get a 161 00:08:01,480 --> 00:08:03,880 Speaker 5: lot of information on how to do it or get 162 00:08:03,880 --> 00:08:05,760 Speaker 5: a really good account all right. 163 00:08:05,840 --> 00:08:08,520 Speaker 3: I want to know now, though, how much money do 164 00:08:08,560 --> 00:08:11,480 Speaker 3: you earn? That sounds like an exciting role, but like, 165 00:08:11,760 --> 00:08:13,960 Speaker 3: let's get into the nitty gritty dollars of it. 166 00:08:14,280 --> 00:08:17,520 Speaker 5: Okay, so we're still relatively low, but we have a 167 00:08:17,520 --> 00:08:20,520 Speaker 5: lot of perks like company cars and things like that. 168 00:08:20,640 --> 00:08:23,880 Speaker 5: Due to the company. The actual income that we bring 169 00:08:23,920 --> 00:08:27,440 Speaker 5: in is roughly about one hundred and fifty thousand a year. 170 00:08:28,240 --> 00:08:32,520 Speaker 5: I also have a house that we bought which we're 171 00:08:32,520 --> 00:08:34,640 Speaker 5: currently not living in at the moment, so we've decided 172 00:08:34,640 --> 00:08:36,440 Speaker 5: to rent that out. So that's bringing a little bit 173 00:08:36,440 --> 00:08:37,040 Speaker 5: in as well. 174 00:08:37,640 --> 00:08:38,480 Speaker 2: Very nice. 175 00:08:38,720 --> 00:08:41,199 Speaker 5: So far, it's been a different journey. We built a 176 00:08:41,240 --> 00:08:44,960 Speaker 5: shed to live in with my parents in laws because 177 00:08:45,000 --> 00:08:48,120 Speaker 5: they are ill at the moment. We'd purchased land up 178 00:08:48,160 --> 00:08:52,680 Speaker 5: the road. We had built very long twelve months of 179 00:08:52,880 --> 00:08:55,280 Speaker 5: building a house up the road, we had the equity 180 00:08:55,360 --> 00:08:59,600 Speaker 5: sitting there, so we borrowed again to build the shed 181 00:08:59,640 --> 00:09:02,360 Speaker 5: down here. And yeah, we've been living in that while 182 00:09:02,440 --> 00:09:03,240 Speaker 5: still doing the company. 183 00:09:03,720 --> 00:09:06,240 Speaker 4: Amazing is that one hundred and fifty thousand dollars then 184 00:09:06,320 --> 00:09:08,320 Speaker 4: split between the two of you because you both work 185 00:09:08,400 --> 00:09:08,920 Speaker 4: in the business. 186 00:09:09,000 --> 00:09:12,920 Speaker 2: Yeah, beautiful, very cool. All right, next question, I want 187 00:09:12,920 --> 00:09:15,319 Speaker 2: to know what is your big money goal? 188 00:09:15,559 --> 00:09:19,800 Speaker 5: Oh, to retire early. Oh I love that financial freedom. 189 00:09:19,800 --> 00:09:21,680 Speaker 5: That's what's on my board just to be able to, 190 00:09:22,320 --> 00:09:26,720 Speaker 5: I think, retire and do what I would like when 191 00:09:26,720 --> 00:09:30,440 Speaker 5: I retire. I watch, you know, my husband's family and 192 00:09:30,559 --> 00:09:32,839 Speaker 5: my family, and they are at the end of their 193 00:09:32,880 --> 00:09:36,400 Speaker 5: lives and they're struggling or waiting for money or not 194 00:09:36,440 --> 00:09:39,760 Speaker 5: being able to do things, and they've worked really hard lives. 195 00:09:40,000 --> 00:09:42,280 Speaker 5: I don't want to get to the end of mine 196 00:09:42,400 --> 00:09:43,480 Speaker 5: and be scraping through. 197 00:09:43,920 --> 00:09:46,920 Speaker 2: Yeah, no, that makes absolute sense. What are you doing 198 00:09:46,920 --> 00:09:47,960 Speaker 2: to work towards that? 199 00:09:49,080 --> 00:09:51,160 Speaker 5: So we would like to have the rest of our 200 00:09:51,200 --> 00:09:54,720 Speaker 5: mortgage for the house that I'm currently renting out. We're 201 00:09:54,720 --> 00:09:57,559 Speaker 5: hoping that we can have that paid out in four years. 202 00:09:57,679 --> 00:09:59,280 Speaker 2: Oh four, how good? 203 00:10:00,000 --> 00:10:03,840 Speaker 5: I think we have just under three hundred thousand dollars 204 00:10:03,840 --> 00:10:06,719 Speaker 5: owing on that. So we would like to have that 205 00:10:06,760 --> 00:10:08,640 Speaker 5: pay or that money at least sitting in an offset 206 00:10:08,679 --> 00:10:12,880 Speaker 5: account by the end of four years. With my husband's 207 00:10:13,240 --> 00:10:16,000 Speaker 5: dad being ill, we're kind of stuck here for a minute. 208 00:10:16,040 --> 00:10:20,520 Speaker 5: So we were discussing either buying another investment property or 209 00:10:21,000 --> 00:10:23,400 Speaker 5: trying to put the money together so that if anything happens, 210 00:10:23,400 --> 00:10:26,440 Speaker 5: we could purchase my husband's house that he grew up 211 00:10:26,480 --> 00:10:30,480 Speaker 5: in and pay his sister out. Evan that comes to task. 212 00:10:31,080 --> 00:10:31,640 Speaker 2: I love that. 213 00:10:32,080 --> 00:10:34,160 Speaker 3: I feel like I know the answer to this next 214 00:10:34,280 --> 00:10:37,440 Speaker 3: question because you mentioned that you have a property you're 215 00:10:37,520 --> 00:10:39,840 Speaker 3: leasing out. But I want to know do you have 216 00:10:39,880 --> 00:10:41,960 Speaker 3: any investments. If so, what are they. 217 00:10:42,120 --> 00:10:46,120 Speaker 5: The house up the road. As I recently am on 218 00:10:46,160 --> 00:10:49,360 Speaker 5: a very steep learning curve thanks to you guys with 219 00:10:49,679 --> 00:10:50,720 Speaker 5: some shares. 220 00:10:50,920 --> 00:10:53,880 Speaker 2: How exciting it's nerve wracking. 221 00:10:53,920 --> 00:10:56,400 Speaker 5: I learned through shares is that I wasn't very good 222 00:10:56,440 --> 00:10:59,880 Speaker 5: at picking my own but I did. I put as 223 00:11:00,040 --> 00:11:04,480 Speaker 5: all amount into shares his last year and it was 224 00:11:04,520 --> 00:11:07,680 Speaker 5: going down, so I've recently sold them. I've decided to 225 00:11:07,720 --> 00:11:11,920 Speaker 5: stay with the six Park benures that I have put into. 226 00:11:12,200 --> 00:11:15,120 Speaker 5: I put two thousand dollars away in eight Pril four. 227 00:11:15,400 --> 00:11:18,720 Speaker 5: My daughter and I've recently done another one for my 228 00:11:18,800 --> 00:11:22,760 Speaker 5: partner and I. We're just waiting with the bear market 229 00:11:22,800 --> 00:11:25,720 Speaker 5: at the moment, I've got a feeling like it would 230 00:11:25,720 --> 00:11:27,880 Speaker 5: be a good time to buy, but it's just picking 231 00:11:28,400 --> 00:11:29,160 Speaker 5: exactly when. 232 00:11:29,720 --> 00:11:32,679 Speaker 3: We don't pick the time, my friend, We invest when 233 00:11:32,720 --> 00:11:35,480 Speaker 3: it's right for you guys, because if we're aiming to 234 00:11:35,520 --> 00:11:37,760 Speaker 3: be in the market for a long period of time, 235 00:11:38,200 --> 00:11:41,160 Speaker 3: we can't time the market. It's not a good idea, 236 00:11:41,280 --> 00:11:43,440 Speaker 3: my friend, what are we doing well? 237 00:11:43,520 --> 00:11:46,600 Speaker 5: I kind of improving that to the partner at the moment, 238 00:11:47,400 --> 00:11:48,839 Speaker 5: I think a little Petri five when I was like, 239 00:11:48,920 --> 00:11:51,160 Speaker 5: I'm just going to put a couple of thousand thousand 240 00:11:51,240 --> 00:11:52,560 Speaker 5: in the share market. 241 00:11:52,800 --> 00:11:55,199 Speaker 3: It's a big decision, but it's one that only you 242 00:11:55,240 --> 00:11:57,080 Speaker 3: guys can make for you. But I think it's so 243 00:11:57,800 --> 00:11:59,559 Speaker 3: interesting to know. And I actually want to ask a 244 00:11:59,559 --> 00:12:02,480 Speaker 3: really per question. Sorry, Jess, it's off the script, but 245 00:12:03,000 --> 00:12:05,760 Speaker 3: I want to know here what made you want to 246 00:12:05,800 --> 00:12:08,520 Speaker 3: sell shares when you were down? Was that something that 247 00:12:08,559 --> 00:12:10,280 Speaker 3: you were like, oh, I just want out, I don't 248 00:12:10,320 --> 00:12:12,480 Speaker 3: want to do that anymore, or if you were saying 249 00:12:12,480 --> 00:12:14,280 Speaker 3: they were going down. I got rid of them. 250 00:12:14,800 --> 00:12:19,560 Speaker 5: Why I did not have faith in why I chose them? 251 00:12:20,160 --> 00:12:23,400 Speaker 5: Yell okay, a whim at the moment, and I kind 252 00:12:23,400 --> 00:12:25,000 Speaker 5: of went on and I was like, I wanted to 253 00:12:25,000 --> 00:12:29,240 Speaker 5: get Australian ones and I didn't fully understand what they were, 254 00:12:29,520 --> 00:12:33,559 Speaker 5: and so the faith in them was not there. Whereas 255 00:12:34,120 --> 00:12:37,400 Speaker 5: having someone else, you know, helped pick the shares. I 256 00:12:37,520 --> 00:12:39,880 Speaker 5: think that there's probably a lot more information that's gone 257 00:12:39,920 --> 00:12:43,679 Speaker 5: into that rather than it going oh that one looks pretty. 258 00:12:43,280 --> 00:12:45,720 Speaker 3: Yeah, And so your experience with six Park, you've just 259 00:12:45,720 --> 00:12:47,760 Speaker 3: gone all right. Well, as much as I can pick 260 00:12:47,800 --> 00:12:50,440 Speaker 3: them myself, I actually want to pro to pick them 261 00:12:50,480 --> 00:12:52,360 Speaker 3: for me, and I feel a bit more confident with 262 00:12:52,440 --> 00:12:52,880 Speaker 3: that option. 263 00:12:53,000 --> 00:12:53,719 Speaker 2: Is that about right? 264 00:12:54,240 --> 00:12:55,320 Speaker 5: That's exactly right? 265 00:12:55,520 --> 00:12:56,719 Speaker 2: How cool? All right? 266 00:12:56,800 --> 00:13:00,439 Speaker 3: Next question, my friend the opposite, Do you have any. 267 00:13:00,080 --> 00:13:02,880 Speaker 2: It's just the mortgage awesome. 268 00:13:02,960 --> 00:13:04,920 Speaker 3: I want to be pervy about the mortgage though. Are 269 00:13:05,000 --> 00:13:08,720 Speaker 3: your rental repayments covering the mortgage repayments at the moment? 270 00:13:08,840 --> 00:13:09,800 Speaker 2: What does that look like? 271 00:13:10,400 --> 00:13:12,959 Speaker 5: Yes, we get to higher rental income than what the 272 00:13:13,120 --> 00:13:14,559 Speaker 5: minimum is for repayments. 273 00:13:14,800 --> 00:13:17,360 Speaker 2: Oh, money win. That's a very nice outcome. 274 00:13:18,040 --> 00:13:22,360 Speaker 5: Yes, we're very lucky because we were slightly scared going 275 00:13:22,440 --> 00:13:25,040 Speaker 5: into that venture as well, because the risks of someone, 276 00:13:25,840 --> 00:13:28,040 Speaker 5: you know, ruining a house or something like that. But 277 00:13:28,320 --> 00:13:32,319 Speaker 5: we've been very lucky in finding an extremely brilliant property 278 00:13:32,320 --> 00:13:34,960 Speaker 5: manager and so it's just been really smooth. We don't 279 00:13:35,080 --> 00:13:38,079 Speaker 5: really hear much of anything from up there. 280 00:13:38,840 --> 00:13:43,400 Speaker 2: Pick or next question, do you currently use shopback? 281 00:13:44,120 --> 00:13:44,320 Speaker 5: No? 282 00:13:44,720 --> 00:13:47,720 Speaker 2: Sorry, you don't have to apologize. We just want to know. 283 00:13:47,840 --> 00:13:50,400 Speaker 2: We're just pervy. You know, the community talks about it 284 00:13:50,440 --> 00:13:51,040 Speaker 2: all the time. 285 00:13:51,280 --> 00:13:53,199 Speaker 3: They've always got hot tips and tricks, and it's a 286 00:13:53,240 --> 00:13:56,360 Speaker 3: missed opportunity for me, if I'm not asking to be honest. 287 00:13:56,760 --> 00:14:00,439 Speaker 5: We did try. My husband's kind of I don't want 288 00:14:00,440 --> 00:14:02,040 Speaker 5: to call him stingy because I love the fact that 289 00:14:02,080 --> 00:14:05,480 Speaker 5: he's like it and he's got to be exalted. Yes, 290 00:14:05,559 --> 00:14:08,400 Speaker 5: he's very savvy, so we found a lot of the 291 00:14:08,440 --> 00:14:11,240 Speaker 5: time he was finding specials in his own things to 292 00:14:11,320 --> 00:14:13,040 Speaker 5: buy stuff, so we never really used it. 293 00:14:13,240 --> 00:14:16,080 Speaker 3: Yeah, no, that's fair, that makes absolute sense. I want 294 00:14:16,080 --> 00:14:18,280 Speaker 3: to know, though, if you're not using shop back, what 295 00:14:18,480 --> 00:14:19,600 Speaker 3: is your best money hack? 296 00:14:20,000 --> 00:14:25,280 Speaker 5: My husband, fair fast, just the shopping around. I mean things, 297 00:14:25,400 --> 00:14:29,560 Speaker 5: especially large price things. You really do have to shop around. 298 00:14:29,800 --> 00:14:32,680 Speaker 5: He's a little bit more strict with it than I am, 299 00:14:33,040 --> 00:14:35,840 Speaker 5: especially with like purchasing vehicles. He will set aside two 300 00:14:35,920 --> 00:14:38,240 Speaker 5: months before we need one, and he will go back 301 00:14:38,280 --> 00:14:41,680 Speaker 5: and forth between dealers and he will drop prices like 302 00:14:41,720 --> 00:14:46,520 Speaker 5: seven or eight thousand dollars, whereas I like, yeah, he's 303 00:14:46,600 --> 00:14:49,520 Speaker 5: very amazing. So we have both our little jobs when 304 00:14:49,560 --> 00:14:52,200 Speaker 5: it comes to buying stuff. We're each better at our 305 00:14:52,240 --> 00:14:55,480 Speaker 5: own little field. My money hacks for around the house 306 00:14:55,640 --> 00:15:00,520 Speaker 5: is planning. I plan I've got calendars all my house 307 00:15:00,560 --> 00:15:03,200 Speaker 5: I plan to a month in advance with the shopping, 308 00:15:03,280 --> 00:15:06,320 Speaker 5: and that we have the week's meals ahead. I'm not 309 00:15:06,440 --> 00:15:08,640 Speaker 5: one to do things last minute, because whenever I do, 310 00:15:08,760 --> 00:15:12,240 Speaker 5: I find I spent a lot of cheeky So yeah, 311 00:15:12,280 --> 00:15:15,240 Speaker 5: that's that's pretty much the hacks and just education. I 312 00:15:15,440 --> 00:15:18,200 Speaker 5: wasn't educated in a lot of the money things. And 313 00:15:18,240 --> 00:15:19,840 Speaker 5: like I said, when you move out a home, no 314 00:15:19,960 --> 00:15:22,760 Speaker 5: one tells you how to plan your week or your 315 00:15:22,800 --> 00:15:25,560 Speaker 5: meals or how much shopping is going to cost you. 316 00:15:25,920 --> 00:15:29,640 Speaker 3: It's crazy, isn't it. No one told me it's so rude. 317 00:15:29,680 --> 00:15:31,400 Speaker 3: What do you mean I have to pay for water? 318 00:15:31,760 --> 00:15:33,520 Speaker 3: Isn't such a free in the tap? 319 00:15:34,440 --> 00:15:37,000 Speaker 5: Or we're even better, we've got tank water, so if 320 00:15:37,000 --> 00:15:38,720 Speaker 5: it runs out you are stuck in the middle of 321 00:15:38,760 --> 00:15:39,200 Speaker 5: the shower. 322 00:15:41,240 --> 00:15:43,240 Speaker 3: That's actually a bigger cost if you have to get 323 00:15:43,280 --> 00:15:44,200 Speaker 3: your tank refilled. 324 00:15:45,040 --> 00:15:45,200 Speaker 2: Yeah. 325 00:15:45,240 --> 00:15:47,880 Speaker 5: Well, funnily enough, I don't think it is. I've done 326 00:15:48,040 --> 00:15:50,200 Speaker 5: like a spreadsheet with a girlfriend of mine that's on 327 00:15:50,880 --> 00:15:53,360 Speaker 5: downwater and it's cheaper for the tank if you set 328 00:15:53,360 --> 00:15:53,920 Speaker 5: it up right. 329 00:15:54,400 --> 00:15:56,040 Speaker 2: Oh, I love that for you. 330 00:15:56,480 --> 00:16:01,520 Speaker 3: I want to know, though, what is your worst money habiting. 331 00:16:00,280 --> 00:16:03,680 Speaker 5: Your own business? We don't get planned holidays as often 332 00:16:03,720 --> 00:16:06,520 Speaker 5: as a lot of my friends. So I will venture 333 00:16:06,560 --> 00:16:10,120 Speaker 5: out for little weekends away with the family, and I 334 00:16:10,160 --> 00:16:13,040 Speaker 5: do splurge a little bit more with that. I think 335 00:16:13,080 --> 00:16:16,200 Speaker 5: in my head I excuse myself for it because I 336 00:16:16,240 --> 00:16:17,600 Speaker 5: don't get the really big holidays. 337 00:16:17,800 --> 00:16:20,320 Speaker 3: I don't think that's a terrible money habit. I think 338 00:16:20,360 --> 00:16:23,440 Speaker 3: that that is a very common feeling that is shared 339 00:16:23,440 --> 00:16:25,640 Speaker 3: by a lot of business owners. To be honest, we 340 00:16:25,680 --> 00:16:28,560 Speaker 3: don't give ourselves enough time off, but we'll definitely let 341 00:16:28,600 --> 00:16:32,840 Speaker 3: our employees off very easily. Yes, all right, my friend, 342 00:16:32,960 --> 00:16:35,160 Speaker 3: last question before we go to a quick break, I 343 00:16:35,200 --> 00:16:37,840 Speaker 3: want to know what grade would you give yourself if 344 00:16:37,880 --> 00:16:40,359 Speaker 3: we forced you to give your money habits a grade. 345 00:16:40,760 --> 00:16:44,360 Speaker 5: Currently, I would be probably sitting on a B minus. 346 00:16:44,840 --> 00:16:46,200 Speaker 2: Why a B minus? 347 00:16:46,640 --> 00:16:50,560 Speaker 5: I do still do my little splurges, and I'm still learning. 348 00:16:50,720 --> 00:16:53,640 Speaker 5: I think I'm at that cusp now where I would 349 00:16:53,720 --> 00:16:56,360 Speaker 5: like to learn further, and I feel like I'm a 350 00:16:56,360 --> 00:16:58,080 Speaker 5: little bit late to it. If I do anything with 351 00:16:58,160 --> 00:17:01,280 Speaker 5: my daughter, I hope that she does this like pre twenties. 352 00:17:01,880 --> 00:17:03,720 Speaker 5: But yes, at least I'm out and I'm having a 353 00:17:03,760 --> 00:17:05,679 Speaker 5: go at it now, So I do think it's at 354 00:17:05,720 --> 00:17:06,119 Speaker 5: least to be. 355 00:17:06,440 --> 00:17:07,040 Speaker 2: I love that. 356 00:17:07,320 --> 00:17:09,600 Speaker 3: All right, let's go to a quick break and after 357 00:17:09,800 --> 00:17:12,600 Speaker 3: I want to dive into business and your life and 358 00:17:12,680 --> 00:17:15,359 Speaker 3: moving out at nineteen guys, don't go anywhere. 359 00:17:20,680 --> 00:17:24,080 Speaker 4: Welcome back, guys. Money, Doris, I wanted to ask you 360 00:17:24,160 --> 00:17:26,960 Speaker 4: said that your parents owned a business, which is something 361 00:17:27,040 --> 00:17:30,000 Speaker 4: that you now do as well, which is awesome to see. 362 00:17:30,280 --> 00:17:33,439 Speaker 4: But you mentioned that they were often chasing checks and 363 00:17:33,640 --> 00:17:36,919 Speaker 4: anyone who's ever freelanced or owned the business knows that 364 00:17:37,119 --> 00:17:40,000 Speaker 4: is one of the hardest things, is getting people to 365 00:17:40,000 --> 00:17:42,919 Speaker 4: pay on time. Is that something that you now find 366 00:17:43,000 --> 00:17:45,760 Speaker 4: yourself doing or have you been able to put systems 367 00:17:45,760 --> 00:17:48,720 Speaker 4: in place having seen your parents doing it when you 368 00:17:48,760 --> 00:17:51,040 Speaker 4: were growing up. That kind of puts you a little 369 00:17:51,080 --> 00:17:53,080 Speaker 4: bit on the front foot now as an adult. 370 00:17:53,280 --> 00:17:56,159 Speaker 5: So I'm kind of very lucky because we contract mainly 371 00:17:56,200 --> 00:17:59,359 Speaker 5: with government bodies such as Australia Posts and things like that, 372 00:18:00,080 --> 00:18:03,680 Speaker 5: so the income set up for several years at a time. 373 00:18:03,800 --> 00:18:06,040 Speaker 5: So rather than my dad, which was on like sixty 374 00:18:06,119 --> 00:18:09,640 Speaker 5: day turnarounds with invoices when I sign into something, we're 375 00:18:09,680 --> 00:18:12,520 Speaker 5: signing into them with several year agreements, so I know 376 00:18:12,600 --> 00:18:14,040 Speaker 5: that that money is set up for at least that 377 00:18:14,080 --> 00:18:16,879 Speaker 5: minimum period and it's going to be coming in regularly. 378 00:18:16,960 --> 00:18:17,120 Speaker 3: Oh. 379 00:18:17,160 --> 00:18:17,920 Speaker 2: I love that. 380 00:18:17,920 --> 00:18:20,600 Speaker 3: That would make me feel so much more secure because 381 00:18:20,680 --> 00:18:24,360 Speaker 3: chasing invoices is the bane of everybody's existence. 382 00:18:24,920 --> 00:18:27,679 Speaker 5: Yeah, I did not want to get into that with 383 00:18:27,840 --> 00:18:31,440 Speaker 5: I've watched my family and unfortunately sometimes too, they never 384 00:18:31,480 --> 00:18:34,200 Speaker 5: did get money. Like there was large chunks of money 385 00:18:34,200 --> 00:18:36,840 Speaker 5: that would go seeuth sometimes and they just never recouped 386 00:18:36,880 --> 00:18:37,119 Speaker 5: from that. 387 00:18:37,320 --> 00:18:39,080 Speaker 3: It's crazy the way it works as well, because I 388 00:18:39,080 --> 00:18:40,680 Speaker 3: think everyone would be like, well, why didn't they just 389 00:18:40,760 --> 00:18:41,080 Speaker 3: chase it? 390 00:18:41,119 --> 00:18:43,160 Speaker 2: Why didn't they do this? Why didn't they do that? 391 00:18:43,240 --> 00:18:45,680 Speaker 3: I think it's just sometimes so much easier to cut 392 00:18:45,680 --> 00:18:49,359 Speaker 3: your losses and move on then spend time, energy and 393 00:18:49,480 --> 00:18:52,760 Speaker 3: effort that could be going into generating new revenue chasing 394 00:18:52,800 --> 00:18:55,320 Speaker 3: an old invoice. So it's not to say you should 395 00:18:55,359 --> 00:18:57,480 Speaker 3: let it go, but as a small business owner, you 396 00:18:57,600 --> 00:19:00,800 Speaker 3: only have a certain amount of time and million different 397 00:19:00,880 --> 00:19:02,040 Speaker 3: competing priorities. 398 00:19:02,440 --> 00:19:05,119 Speaker 5: Yeah, and sometimes you will just lose the legal fees trying. 399 00:19:05,680 --> 00:19:09,160 Speaker 3: Yeah, exactly. I want to know more about moving out 400 00:19:09,200 --> 00:19:12,119 Speaker 3: at nineteen. You were telling us before that you were 401 00:19:12,119 --> 00:19:16,400 Speaker 3: a little bit rebellious. What made you take that step, 402 00:19:16,680 --> 00:19:18,160 Speaker 3: what made you go you know what, I'm not moving 403 00:19:18,160 --> 00:19:20,359 Speaker 3: with a family. I'm just stay here. I don't think 404 00:19:20,400 --> 00:19:21,520 Speaker 3: I would have the confidence. 405 00:19:21,680 --> 00:19:24,160 Speaker 5: No, I think I was just naive in the fact 406 00:19:24,200 --> 00:19:27,800 Speaker 5: that I didn't think I would be able to start 407 00:19:27,800 --> 00:19:30,199 Speaker 5: afresh in a new town with no friends. So I 408 00:19:30,240 --> 00:19:33,000 Speaker 5: was like, nope, I'm just staying where I am and 409 00:19:33,080 --> 00:19:36,800 Speaker 5: I will figure it out. In hindsight, sometimes I wonder 410 00:19:37,280 --> 00:19:39,960 Speaker 5: should I have just gone and met some new friends. 411 00:19:40,000 --> 00:19:41,720 Speaker 5: But I think it all turned out in the end. 412 00:19:42,320 --> 00:19:44,640 Speaker 5: But it was just the fear of I didn't want 413 00:19:44,640 --> 00:19:47,200 Speaker 5: to start, and they moved four or five hours away, 414 00:19:47,280 --> 00:19:49,600 Speaker 5: so it wasn't like, you know, you're just an hour 415 00:19:49,680 --> 00:19:51,480 Speaker 5: or two from your friends, you can come back and visit. 416 00:19:52,080 --> 00:19:54,440 Speaker 5: And I just left school, so it was right when 417 00:19:54,440 --> 00:19:56,480 Speaker 5: I was. I left school just at the start of 418 00:19:56,560 --> 00:19:58,399 Speaker 5: year twelve. So it was either I would have to 419 00:19:58,440 --> 00:20:00,680 Speaker 5: go back to school or find a job in a 420 00:20:00,720 --> 00:20:03,399 Speaker 5: brand new town where I didn't know anyone. So I 421 00:20:03,480 --> 00:20:05,800 Speaker 5: just waited up and thought, I'll stay where I am 422 00:20:05,920 --> 00:20:07,480 Speaker 5: and venture for a job here. 423 00:20:07,720 --> 00:20:09,919 Speaker 4: It's so lucky that you said you were able to 424 00:20:10,000 --> 00:20:13,560 Speaker 4: rent your property from your parents. Nineteen is obviously a 425 00:20:13,640 --> 00:20:16,080 Speaker 4: very young age to be taking that step and to 426 00:20:16,080 --> 00:20:16,600 Speaker 4: be living. 427 00:20:17,080 --> 00:20:18,240 Speaker 2: Were you by yourself? 428 00:20:18,320 --> 00:20:22,360 Speaker 5: Firstly, No, my ex was with me when we moved out, 429 00:20:23,000 --> 00:20:27,199 Speaker 5: and one of my dad's friends that also drove. He 430 00:20:27,359 --> 00:20:29,159 Speaker 5: was coming and staying a couple of days of the 431 00:20:29,200 --> 00:20:32,200 Speaker 5: week there, so it was good. But I mean it 432 00:20:32,240 --> 00:20:34,359 Speaker 5: was such a shack for a first house. It was 433 00:20:34,440 --> 00:20:37,040 Speaker 5: like this little, tiny, old brick house on the middle 434 00:20:37,080 --> 00:20:39,200 Speaker 5: of this big property where he'd keep the horses. And 435 00:20:39,800 --> 00:20:43,040 Speaker 5: I can remember I'd never done tank water before and 436 00:20:43,600 --> 00:20:45,280 Speaker 5: there was a tank underground and you had to feed 437 00:20:45,320 --> 00:20:47,720 Speaker 5: it to like this little old tank up in the 438 00:20:47,880 --> 00:20:49,720 Speaker 5: on the top of this thing, and it would gravity 439 00:20:49,800 --> 00:20:52,919 Speaker 5: feed to the house. And they didn't have taps for 440 00:20:52,960 --> 00:20:55,160 Speaker 5: the washing machine and that, so I had to say yes, 441 00:20:55,200 --> 00:20:58,320 Speaker 5: it was very interesting for a nineteen year old. I 442 00:20:58,440 --> 00:20:59,919 Speaker 5: was a lot of phone calls to mum going how 443 00:21:00,080 --> 00:21:00,760 Speaker 5: does this work? 444 00:21:01,640 --> 00:21:05,360 Speaker 4: How did you find it financially being responsible for yourself. 445 00:21:05,440 --> 00:21:08,119 Speaker 4: Did your parents give you any leeway in terms of 446 00:21:08,160 --> 00:21:11,520 Speaker 4: the rent or were you paying full rent, paying full 447 00:21:11,560 --> 00:21:14,480 Speaker 4: bills doing it all at the age of nineteen. 448 00:21:15,280 --> 00:21:17,800 Speaker 5: No, the rent was helped a lot by my parents. 449 00:21:17,840 --> 00:21:20,760 Speaker 5: They covered most of that until I got into work. 450 00:21:20,800 --> 00:21:24,920 Speaker 5: Thank god. We were there, I think for six months 451 00:21:25,040 --> 00:21:30,320 Speaker 5: when my parents moved away. Obviously my ex and dad's 452 00:21:30,359 --> 00:21:32,320 Speaker 5: mate that was daying there. They paid a little bit 453 00:21:32,320 --> 00:21:35,159 Speaker 5: of the rent when we moved out after six months, 454 00:21:35,200 --> 00:21:39,640 Speaker 5: though I think I was just turned twenty, and yes 455 00:21:39,720 --> 00:21:43,240 Speaker 5: we paid full rent. But by then I had a 456 00:21:43,280 --> 00:21:45,320 Speaker 5: position at war worse and so I did have money 457 00:21:45,320 --> 00:21:47,520 Speaker 5: coming in. It was a little bit different. 458 00:21:47,920 --> 00:21:51,439 Speaker 3: Talk to me about leaving school early. So I have 459 00:21:51,560 --> 00:21:54,119 Speaker 3: drawn the conclusion that you left school early because you 460 00:21:54,200 --> 00:21:57,080 Speaker 3: said earlier that you didn't finish HC. 461 00:21:58,320 --> 00:21:59,920 Speaker 2: What led to that decision? 462 00:22:00,280 --> 00:22:03,000 Speaker 3: And you know, it's kind of inspiring, going, well, I 463 00:22:03,040 --> 00:22:05,359 Speaker 3: didn't do HC, and now I'm a business owner and 464 00:22:05,440 --> 00:22:08,520 Speaker 3: like I'm creating financial freedom. I think it's a narrative 465 00:22:08,560 --> 00:22:11,359 Speaker 3: that we don't often talk about. So talk to me 466 00:22:11,400 --> 00:22:14,639 Speaker 3: about that decision and what happened when you made it. 467 00:22:15,320 --> 00:22:19,040 Speaker 5: Yeah, So throughout school I was very rebellious. In the 468 00:22:19,080 --> 00:22:21,560 Speaker 5: early January of the year I left. I got into 469 00:22:21,600 --> 00:22:26,080 Speaker 5: a car accident in year twelve, and how do I explain? 470 00:22:26,119 --> 00:22:28,280 Speaker 5: I just didn't like it. I didn't like school. It 471 00:22:28,320 --> 00:22:30,239 Speaker 5: was getting too much, and so I thought I'd be 472 00:22:30,240 --> 00:22:33,840 Speaker 5: better off learning what I needed to learn for work outside. 473 00:22:34,160 --> 00:22:36,439 Speaker 5: I didn't really have anything that I wanted to do 474 00:22:37,160 --> 00:22:40,359 Speaker 5: that the HC would get for me at that point. Yeah, 475 00:22:40,359 --> 00:22:43,920 Speaker 5: that's fair. Yeah, I guess looking back now, I wish 476 00:22:43,960 --> 00:22:46,439 Speaker 5: I had. I wish i'd been very much staying in 477 00:22:46,480 --> 00:22:48,440 Speaker 5: an office job and not having to use my body 478 00:22:48,480 --> 00:22:52,520 Speaker 5: as much. But yeah, when you're seventeen, you just think 479 00:22:52,560 --> 00:22:53,320 Speaker 5: you know everything. 480 00:22:53,359 --> 00:22:55,760 Speaker 3: I think I think I thought I knew everything at 481 00:22:55,800 --> 00:22:58,800 Speaker 3: seventeen too, Don't worry. I think that's very common. But 482 00:22:58,840 --> 00:23:01,320 Speaker 3: it's always so interesting to ask like, oh, well, what 483 00:23:01,480 --> 00:23:03,840 Speaker 3: did that look like for you and how did that work? 484 00:23:03,960 --> 00:23:07,440 Speaker 3: Because so many people often feel like their careers or 485 00:23:07,480 --> 00:23:11,320 Speaker 3: their future ability to generate wealth will be completely capped 486 00:23:11,440 --> 00:23:14,400 Speaker 3: by an education. And to be honest, I think it's 487 00:23:14,440 --> 00:23:18,439 Speaker 3: really about mindset rather than the credentials or having a certificate, 488 00:23:18,440 --> 00:23:21,080 Speaker 3: because looking at you, like you're making one fifty in 489 00:23:21,119 --> 00:23:23,520 Speaker 3: your business, and I have absolutely no doubt that that 490 00:23:23,560 --> 00:23:25,560 Speaker 3: will grow from here on in. You said you've got 491 00:23:25,560 --> 00:23:28,199 Speaker 3: three contracts. I'm sure you've got space for more to 492 00:23:28,280 --> 00:23:31,639 Speaker 3: grow and you know, flourished, and it's just so inspiring 493 00:23:31,760 --> 00:23:34,119 Speaker 3: to see that you're, you know, someone who's been like, 494 00:23:34,160 --> 00:23:36,040 Speaker 3: all right, well I left. It made sense to me, 495 00:23:36,160 --> 00:23:39,280 Speaker 3: but you're still bopping along getting it done, and that's 496 00:23:39,320 --> 00:23:40,359 Speaker 3: really cool to see. 497 00:23:40,640 --> 00:23:43,600 Speaker 5: Yeah. Well, my older sister, as I said, she was 498 00:23:43,640 --> 00:23:45,960 Speaker 5: the brains of the family, and she left to be 499 00:23:46,000 --> 00:23:48,520 Speaker 5: an accountant, and she pulled out six months on her 500 00:23:48,560 --> 00:23:49,600 Speaker 5: last year at UNI. 501 00:23:49,600 --> 00:23:52,520 Speaker 3: On her last Yeah, oh, she got the heck step 502 00:23:52,600 --> 00:23:53,480 Speaker 3: and everything. 503 00:23:54,280 --> 00:23:57,200 Speaker 5: Yep, and we were all just like, what the heck, 504 00:23:57,359 --> 00:23:58,720 Speaker 5: you can't pull out this late? 505 00:23:59,240 --> 00:24:01,679 Speaker 2: Who would want to work work in finance? Honestly? 506 00:24:02,320 --> 00:24:05,000 Speaker 5: Well, she'd when I got a job in accounts payable 507 00:24:05,400 --> 00:24:07,440 Speaker 5: and she really liked it. So she was like, I 508 00:24:07,480 --> 00:24:09,000 Speaker 5: don't think I need to be an accountant now, but 509 00:24:09,080 --> 00:24:12,359 Speaker 5: she was so close to getting to the end part 510 00:24:12,520 --> 00:24:15,520 Speaker 5: SHEU I gave that in. So it's really funny because 511 00:24:15,560 --> 00:24:18,399 Speaker 5: her partner is doing the same thing that I am 512 00:24:18,440 --> 00:24:21,920 Speaker 5: doing now, but yet obviously only has the one contract. 513 00:24:22,400 --> 00:24:24,399 Speaker 5: So I think it doesn't matter whether you get a 514 00:24:24,560 --> 00:24:26,800 Speaker 5: HC or not when it comes to finances. There's lots 515 00:24:26,800 --> 00:24:29,880 Speaker 5: of avenues that people can go down completely. 516 00:24:31,200 --> 00:24:33,040 Speaker 4: The one other thing I wanted to ask you about 517 00:24:33,119 --> 00:24:37,119 Speaker 4: really quickly, we're going a few steps backwards, but talking 518 00:24:37,160 --> 00:24:40,320 Speaker 4: about your first boyfriend that you described as a bit 519 00:24:40,359 --> 00:24:43,520 Speaker 4: of a drop kick and how you know? You were 520 00:24:43,680 --> 00:24:46,760 Speaker 4: quite young, and I think anyone who's been in love 521 00:24:46,880 --> 00:24:49,879 Speaker 4: in their teenage years knows that, you know, you can 522 00:24:49,920 --> 00:24:52,480 Speaker 4: get caught up in so many elements of those early 523 00:24:52,560 --> 00:24:56,280 Speaker 4: relationships and you're really learning about yourself. I want to 524 00:24:56,320 --> 00:24:58,960 Speaker 4: know how did you come to the choice of being 525 00:24:58,960 --> 00:25:01,720 Speaker 4: able to put your foot because I think a lot 526 00:25:01,760 --> 00:25:04,560 Speaker 4: of people have probably found themselves stuck in a similar 527 00:25:04,600 --> 00:25:07,280 Speaker 4: situation where they feel like the person that they're in 528 00:25:07,280 --> 00:25:10,240 Speaker 4: a relationship with is taking from them and not really 529 00:25:10,280 --> 00:25:15,160 Speaker 4: giving anything back. How did you put yourself first, because 530 00:25:15,160 --> 00:25:17,240 Speaker 4: I think sometimes that can be a really hard thing 531 00:25:17,320 --> 00:25:17,600 Speaker 4: to do. 532 00:25:18,320 --> 00:25:20,720 Speaker 5: I think the biggest part, like when I look back 533 00:25:20,760 --> 00:25:23,920 Speaker 5: at that, was that I knew I could move back home. 534 00:25:24,600 --> 00:25:26,520 Speaker 5: I do have to admit that something my dad has 535 00:25:26,560 --> 00:25:29,480 Speaker 5: always repeatedly told me since I was little, that you know, 536 00:25:29,520 --> 00:25:31,880 Speaker 5: it doesn't matter where you are, what you're doing. There's 537 00:25:31,920 --> 00:25:33,680 Speaker 5: food in the car, but there's a bed come home 538 00:25:33,880 --> 00:25:38,440 Speaker 5: like that. And that's something I've always and will continue 539 00:25:38,440 --> 00:25:41,159 Speaker 5: to say to my daughter. And I've had friends that 540 00:25:41,200 --> 00:25:44,200 Speaker 5: have had really bad relationships as well, and they get 541 00:25:44,200 --> 00:25:47,320 Speaker 5: themselves trapped in money cycles that they can't they don't 542 00:25:47,320 --> 00:25:51,560 Speaker 5: feel there safely can say I'm out. Yeah. Yeah, I 543 00:25:51,600 --> 00:25:53,560 Speaker 5: felt very much safe to say I'm out, Like I 544 00:25:53,640 --> 00:25:56,080 Speaker 5: knew I could restart. I knew I had someway safe 545 00:25:56,119 --> 00:25:56,320 Speaker 5: to go. 546 00:25:56,560 --> 00:25:57,000 Speaker 2: You knew it. 547 00:25:57,040 --> 00:25:58,880 Speaker 3: Only took a cup of tea with mum to get 548 00:25:58,920 --> 00:26:00,840 Speaker 3: back in the door and unpawer the car right. 549 00:26:01,320 --> 00:26:03,720 Speaker 5: Yeah, yeah, very much surprised my mother that day. 550 00:26:03,720 --> 00:26:05,879 Speaker 2: I was just like, surprise, it's me. 551 00:26:06,119 --> 00:26:09,120 Speaker 5: I'm back from memory. She actually jumped up and down. 552 00:26:09,200 --> 00:26:12,960 Speaker 5: I was expecting, honey, I have to explain, like, oh 553 00:26:12,960 --> 00:26:15,159 Speaker 5: my gosh, I've come back home with my tail between 554 00:26:15,160 --> 00:26:17,320 Speaker 5: my legs. She was just like, oh, excellent, Yes, when 555 00:26:17,359 --> 00:26:19,520 Speaker 5: are you coming home? And I said, I'll go get 556 00:26:19,520 --> 00:26:21,160 Speaker 5: the stuff out of my car and she was like 557 00:26:21,400 --> 00:26:23,439 Speaker 5: she's grabbing my laundry basket with me. 558 00:26:23,840 --> 00:26:27,320 Speaker 3: I wish everybody got to experience that type of love 559 00:26:27,480 --> 00:26:31,159 Speaker 3: and support, because, as somebody who has that, my parents 560 00:26:31,160 --> 00:26:33,439 Speaker 3: honestly would beg me do it be like. 561 00:26:33,400 --> 00:26:34,720 Speaker 2: Are you sure you don't want to come back home 562 00:26:34,840 --> 00:26:35,920 Speaker 2: Victoria while I was at. 563 00:26:35,880 --> 00:26:39,040 Speaker 3: UNI, like, I just feel like everybody deserves that, and 564 00:26:39,119 --> 00:26:42,120 Speaker 3: I know that not everybody in our community has that, 565 00:26:42,280 --> 00:26:43,560 Speaker 3: But you guys, come live with me. 566 00:26:43,640 --> 00:26:44,760 Speaker 2: It's all good. I'll take you in. 567 00:26:46,760 --> 00:26:49,119 Speaker 5: That was that, and I would love to explain to 568 00:26:49,160 --> 00:26:51,240 Speaker 5: any females it's a bit what you know. I hear 569 00:26:51,240 --> 00:26:54,240 Speaker 5: on your podcast regularly as well. Set yourselves up with 570 00:26:54,280 --> 00:26:57,120 Speaker 5: you a little bit of a kiddie. There's organizations out 571 00:26:57,119 --> 00:26:59,680 Speaker 5: there that are willing to help and get your set 572 00:26:59,720 --> 00:27:02,600 Speaker 5: back on the straight and narrow. I think if I 573 00:27:02,640 --> 00:27:05,800 Speaker 5: didn't have somewhere that day, I could understand why women 574 00:27:05,840 --> 00:27:08,679 Speaker 5: stay exactly where they are because of money. 575 00:27:08,920 --> 00:27:10,840 Speaker 4: That is like the best advice in the world. And 576 00:27:10,840 --> 00:27:14,280 Speaker 4: that's why we're so passionate about emergency funds. And yeah, 577 00:27:14,320 --> 00:27:17,080 Speaker 4: it's awesome to hear that at nineteen you had the 578 00:27:17,119 --> 00:27:19,760 Speaker 4: support network and everything that you needed, that you were 579 00:27:19,880 --> 00:27:21,200 Speaker 4: confident enough in yourself to be. 580 00:27:21,160 --> 00:27:24,000 Speaker 2: Like, hey, actually I deserve better. I can be a rebel, 581 00:27:24,040 --> 00:27:25,720 Speaker 2: but I know my parents will let me back in 582 00:27:25,760 --> 00:27:26,600 Speaker 2: the house. 583 00:27:27,760 --> 00:27:28,280 Speaker 5: Very much. 584 00:27:28,400 --> 00:27:30,240 Speaker 2: Yes, that is so special. 585 00:27:30,600 --> 00:27:32,600 Speaker 5: I just quickly want to say, like I've been I'm 586 00:27:32,640 --> 00:27:34,439 Speaker 5: just I made a few notes here, guys. 587 00:27:34,480 --> 00:27:36,360 Speaker 2: Oh go going back. 588 00:27:36,200 --> 00:27:38,840 Speaker 5: With my parents, Like the worker thick thing was always 589 00:27:39,000 --> 00:27:40,560 Speaker 5: throwing down my throat. You know, got to work hard, 590 00:27:40,680 --> 00:27:42,919 Speaker 5: you have to do all this stuff. I think to 591 00:27:43,000 --> 00:27:46,359 Speaker 5: a lot of their stuff. They weren't educated. Even today, 592 00:27:46,359 --> 00:27:48,399 Speaker 5: when I say to my mom about shares, she's starting 593 00:27:48,400 --> 00:27:49,680 Speaker 5: to come around and hear things, but she was like, 594 00:27:49,720 --> 00:27:51,679 Speaker 5: oh my god, you can't put money in the share market, 595 00:27:51,720 --> 00:27:55,240 Speaker 5: Like that's really risky. I don't think anyone for them 596 00:27:55,320 --> 00:27:58,760 Speaker 5: there was education for them to go seek. So they 597 00:27:58,840 --> 00:28:02,000 Speaker 5: did put their body on the line to work. Whereas 598 00:28:02,280 --> 00:28:05,679 Speaker 5: I will, hopefully and you guys will hopefully continue to 599 00:28:06,280 --> 00:28:10,200 Speaker 5: put younger generations into educating them for shares and savings 600 00:28:10,280 --> 00:28:11,280 Speaker 5: and stuff like that. 601 00:28:11,359 --> 00:28:15,320 Speaker 3: I will always, always, always advocate for it because it's 602 00:28:15,400 --> 00:28:18,879 Speaker 3: just to me, it's so powerful, Like it's powerful beyond 603 00:28:18,880 --> 00:28:23,320 Speaker 3: belief to know that women are supporting themselves. I think 604 00:28:23,359 --> 00:28:26,240 Speaker 3: for too long we haven't had access to the education 605 00:28:26,480 --> 00:28:30,080 Speaker 3: that we arguably deserve. It blows my mind that, you know, 606 00:28:30,080 --> 00:28:32,280 Speaker 3: even in primary school, we're not talking about having some 607 00:28:32,359 --> 00:28:34,679 Speaker 3: money at the side, or what it actually means to 608 00:28:34,680 --> 00:28:37,520 Speaker 3: pay tax or what it means to save. And it 609 00:28:37,640 --> 00:28:40,320 Speaker 3: just it blows my mind that that's not a common 610 00:28:40,440 --> 00:28:42,800 Speaker 3: narrative and it's one we're trying to change. 611 00:28:42,840 --> 00:28:44,520 Speaker 2: It's why she's on the money exists. 612 00:28:44,760 --> 00:28:48,680 Speaker 3: I just it overwhelms me that you know, women every 613 00:28:48,720 --> 00:28:51,280 Speaker 3: single week message us yes and say, oh my gosh, 614 00:28:51,320 --> 00:28:53,640 Speaker 3: Like I got to get out of this relationship where 615 00:28:53,640 --> 00:28:55,000 Speaker 3: I got to get out of this job, where I 616 00:28:55,000 --> 00:28:58,200 Speaker 3: got to change something about my circumstances that I didn't 617 00:28:58,280 --> 00:29:01,320 Speaker 3: want anymore because I did have money aside and I 618 00:29:01,400 --> 00:29:02,720 Speaker 3: could make that decision. 619 00:29:02,800 --> 00:29:05,200 Speaker 2: And three years ago I couldn't do that. And it 620 00:29:05,280 --> 00:29:06,040 Speaker 2: just blows my mind. 621 00:29:06,160 --> 00:29:08,560 Speaker 3: Once we get to be part of that, I'm never leaving, sorry, guys, 622 00:29:08,640 --> 00:29:11,760 Speaker 3: here to stay. But two, just that there's so much 623 00:29:11,840 --> 00:29:15,719 Speaker 3: power in education, Like just knowing that that's something you 624 00:29:15,760 --> 00:29:18,760 Speaker 3: can do. Imagine if you'd known that earlier. Like it's 625 00:29:18,880 --> 00:29:21,400 Speaker 3: just you know, we never look back on what we've 626 00:29:21,440 --> 00:29:24,480 Speaker 3: done in a bad way, but we always go, oh, 627 00:29:24,640 --> 00:29:27,280 Speaker 3: wish I'd known that earlier. But like, how cool is 628 00:29:27,320 --> 00:29:29,040 Speaker 3: it that we get to teach other women so that 629 00:29:29,360 --> 00:29:30,440 Speaker 3: they don't say that. 630 00:29:30,520 --> 00:29:32,680 Speaker 5: Well, that's true. And that's what I was trying to 631 00:29:32,720 --> 00:29:35,400 Speaker 5: say earlier too. With the business and that so many 632 00:29:35,440 --> 00:29:38,560 Speaker 5: people kind of go, oh my gosh, you're running a business. 633 00:29:39,280 --> 00:29:43,200 Speaker 5: There's so many pro Like the Internet today makes life 634 00:29:43,240 --> 00:29:46,280 Speaker 5: so much easier for a lot of people. Great, you've 635 00:29:46,320 --> 00:29:49,479 Speaker 5: got fair work sites, you've got the ato sites that like, 636 00:29:49,520 --> 00:29:52,760 Speaker 5: there's come hurdles in my time that I couldn't understand, 637 00:29:52,800 --> 00:29:54,960 Speaker 5: but you generally can google it and there will be 638 00:29:55,080 --> 00:29:58,800 Speaker 5: ten government websites explaining to you, you know what the 639 00:29:58,880 --> 00:30:01,000 Speaker 5: rules are, what you need to do. And when I've 640 00:30:01,000 --> 00:30:03,560 Speaker 5: got really stuck, there's helplines there that you ring with 641 00:30:03,640 --> 00:30:05,680 Speaker 5: the tax or ring with fair work and you say, 642 00:30:05,720 --> 00:30:07,560 Speaker 5: you know, what are my obligations here? How can I 643 00:30:07,560 --> 00:30:10,160 Speaker 5: do this, this and this, and someone will generally sit 644 00:30:10,160 --> 00:30:11,120 Speaker 5: down and explain it to you. 645 00:30:11,440 --> 00:30:14,000 Speaker 3: I love that advice as well, because I think it's 646 00:30:14,040 --> 00:30:17,120 Speaker 3: so important and like money Smart website, I'm obsessed with 647 00:30:17,200 --> 00:30:20,400 Speaker 3: it. It's free, it's got no bias because it's not from 648 00:30:20,440 --> 00:30:24,000 Speaker 3: a product. Guys like, go and educate yourselves. I think 649 00:30:24,000 --> 00:30:25,560 Speaker 3: a lot of us just assume we need to wait 650 00:30:25,640 --> 00:30:28,600 Speaker 3: until someone gives us permission to go and learn those things, 651 00:30:28,720 --> 00:30:31,640 Speaker 3: or tell us we're good enough to go into business 652 00:30:31,680 --> 00:30:32,760 Speaker 3: if that's what we want. 653 00:30:32,600 --> 00:30:34,920 Speaker 2: To do, but we don't need that permission. Go and 654 00:30:34,960 --> 00:30:36,880 Speaker 2: get it. Get it, queens. I love it. 655 00:30:37,200 --> 00:30:39,360 Speaker 5: Yeah, don't be afraid, just jump in and try it. 656 00:30:39,440 --> 00:30:42,600 Speaker 5: Like I said, the income we generate off the company, 657 00:30:42,640 --> 00:30:46,400 Speaker 5: it's still probably classified a smaller income. I'm assuming, but 658 00:30:46,960 --> 00:30:49,880 Speaker 5: doing stuff out on your own. I have a company car, 659 00:30:50,040 --> 00:30:53,200 Speaker 5: a company phone, there's all these different things rather than 660 00:30:53,320 --> 00:30:55,960 Speaker 5: working as an employee that you can find get as well. 661 00:30:56,200 --> 00:30:57,640 Speaker 3: Yeah, well we're going to have a whole hYP of 662 00:30:57,720 --> 00:31:00,840 Speaker 3: new business owners after that conversation in our community, aren't 663 00:31:00,840 --> 00:31:04,480 Speaker 3: we money Doros, thank you so much for sharing your story. 664 00:31:04,560 --> 00:31:07,280 Speaker 3: But Jess, as always, I think that is all we 665 00:31:07,360 --> 00:31:08,600 Speaker 3: have time for today. 666 00:31:08,960 --> 00:31:10,920 Speaker 2: So do you want to wrap the boring but important 667 00:31:10,920 --> 00:31:11,560 Speaker 2: stuff for us? 668 00:31:11,680 --> 00:31:11,880 Speaker 5: Yeah? 669 00:31:11,920 --> 00:31:14,120 Speaker 4: Don't forget, guys that the advice sheared on She's on 670 00:31:14,160 --> 00:31:16,440 Speaker 4: the Money is general in nature and does not consider 671 00:31:16,480 --> 00:31:19,880 Speaker 4: your individual circumstances. She's on the Money exists purely for 672 00:31:19,960 --> 00:31:22,600 Speaker 4: educational purposes and should not be relied upon to make 673 00:31:22,640 --> 00:31:26,040 Speaker 4: an investment or a financial decision. And we promise Victoria 674 00:31:26,080 --> 00:31:28,800 Speaker 4: Devine and She's on the Money are authorized representatives of 675 00:31:28,840 --> 00:31:33,120 Speaker 4: Infocused Securities Australia Proprietary Limited ABN four seven oh nine 676 00:31:33,240 --> 00:31:36,120 Speaker 4: seven seven nine seven O four nine AFSL two three 677 00:31:36,240 --> 00:31:37,360 Speaker 4: six five two three. 678 00:31:37,640 --> 00:31:44,640 Speaker 2: See you on Wednesday, guys. Bye,