Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 4: Hello and welcome to Money the Podcast. Millennials who want
Speaker 4: financial freedom. Welcome back to another shop Back Money Diary Monday,
Speaker 4: where we get to talk to a community member to
Speaker 4: learn all about them, all about their finances and all
Speaker 4: about the juicy, juicy details of their life.
Speaker 2: Victoria, how you going? What have you got this? Let
Speaker 2: me tell you?
Speaker 4: Our diarist wrote in and said, steep learning curve. I've
Speaker 4: never really been educated on money. I got out of
Speaker 4: a smallish debt at twenty one and left a drop
Speaker 4: kick boyfriend. Yeah, we love that outcome. I feel like
Speaker 4: I'm trying to change my money story. My parents have
Speaker 4: always been a little impulsive and have chopped and changed
Speaker 4: their lives many times and made some bad choices. I'm
Speaker 4: now paying off a house, running a small company, and
Speaker 4: learning to invest with my husband, and we are doing
Speaker 4: all we can to educate our daughter to elevate her
Speaker 4: money story too.
Speaker 5: I love that we got rid of a drop kick boyfriend.
Speaker 5: We're married, We're doing well. Welcome to the show, money Diarist.
Speaker 5: Thanks for coming and hanging out for a bit.
Speaker 6: Thanks for having me.
Speaker 2: Oh my gosh, no, I'm.
Speaker 5: Really so Let's start this as we always do, and
Speaker 5: I'm going to ask can you tell us a little
Speaker 5: bit about your money story?
Speaker 6: Money story? So, growing up, money wasn't really discussed in
Speaker 6: our house, not that it wasn't allowed, just it didn't
Speaker 6: really happen. My mum and dad owned a transport business,
Speaker 6: so money was either there or it wasn't. I found
Speaker 6: they were either chasing techs or income, so it was
Speaker 6: never really budgeted very well. But we were never short,
Speaker 6: like short short of money either.
Speaker 5: But it was ebbs and flows with a bit of
Speaker 5: inconsistency in income.
Speaker 1: Right.
Speaker 6: Oh yes, very much. So if the checks were coming in,
Speaker 6: you'd have a really good year. And of course, being transport,
Speaker 6: the weather play is a big part of that too.
Speaker 6: If you have a very wet year, it would pull
Speaker 6: my dad off work, so money would dry up. So
Speaker 6: I just found it was. Yeah, when it was there,
Speaker 6: it was like, great, we can do all this stuff.
Speaker 6: But then when it wasn't there, it would be months
Speaker 6: of you know, I wouldn't say struggle struggle, but definitely
Speaker 6: you know, harsher times I went through. Yeah, that was
Speaker 6: growing up. I was a little bit of a rebellious
Speaker 6: team compared to my sisters. So I was, you know,
Speaker 6: the one that would get in trouble at school or
Speaker 6: I wouldn't listen, whereas my sister was very switched on
Speaker 6: with stuff, you know, she wanted to be an accountant.
Speaker 6: So when we were heading toward the end of high school,
Speaker 6: my family decided to move to the Bush because they
Speaker 6: wanted to buy acreages. I didn't want to go, so
Speaker 6: I moved out. I was extremely lucky though, that property
Speaker 6: that my parents adjusted for horses had this really little
Speaker 6: old shock on it, so I leased that out with
Speaker 6: some very interesting stories. Yeah, while I looked for work
Speaker 6: down here, and I was only ever taught really good
Speaker 6: work ethics, so it was work hard, you know, bring
Speaker 6: the money in. I didn't finish my HC. So I
Speaker 6: started off with a lot of interesting jobs. I think
Speaker 6: I did food industry, and then I did Woolworths as
Speaker 6: a checkout chick, and I Karate sales, and then I
Speaker 6: ended up into nursing hkre nursing. I had met my
Speaker 6: ex partner at the time, so we'd moved in together.
Speaker 6: He was always out of work, so then I found
Speaker 6: like I was bringing this paycheck home that I was
Speaker 6: really proud of, except he was getting the same amount
Speaker 6: on Senlink. So I was like, oh, this is really
Speaker 6: My point was yeah, especially when I got into nursing,
Speaker 6: because I would be up really really early and you'd
Speaker 6: be going and it was a really hard job, and
Speaker 6: I was just getting really cranky, and I decide, I
Speaker 6: can remember like having arguments with him and saying, you know,
Speaker 6: we need to do better than this. Can't be my life.
Speaker 6: And it got to a point I think I was nineteen,
Speaker 6: and I just said to it. I gave an ultimatum
Speaker 6: and I'm like, you know, by this date, I need
Speaker 6: you in work and I want this, this, and this,
Speaker 6: or I'm leaving it. So happened that my mom and
Speaker 6: dad had moved back from the bush by then because
Speaker 6: that didn't work out for them, and I just packed
Speaker 6: everything into my car one morning and left.
Speaker 2: Oh my gosh.
Speaker 6: Yeah, it was pretty big at the time because I
Speaker 6: was nineteen. I was nursing, and I can remember like
Speaker 6: taking all my stuff back to mums and having a
Speaker 6: cup of tea with her and she's like, so, what's
Speaker 6: happening And I was like, oh, I was just wondering, well,
Speaker 6: I can move home. She was like yes, I'm like good,
Speaker 6: I'll unpack my car.
Speaker 2: You're like I'm ready. Are you ready because I'm already
Speaker 2: here pretty much.
Speaker 6: So yeah, that was the start I think of me
Speaker 6: realizing that life doesn't just happen smoothly. You have to
Speaker 6: figure it out on your own. But I have no
Speaker 6: worries of looking back there. I was really glad I
Speaker 6: did that. And I've watched other people and friends kind
Speaker 6: of fall into traps with bad partners and just be
Speaker 6: promised that it will change or you know, and it
Speaker 6: never does.
Speaker 5: I read a quote on Instagram the other day actually
Speaker 5: that it's easier to change the actual man than change amen, Like, yeah, great,
Speaker 5: just yeat them out, get a new one.
Speaker 2: What a dream.
Speaker 6: Unfortunately, I think it is sometimes. I mean I've met
Speaker 6: gentlemen or I should say both females and males that
Speaker 6: have been bad in past relationships and they change after
Speaker 6: someone leaves them, but I never find it kind of
Speaker 6: happens if they stay.
Speaker 2: Yeah, it's an interesting concept as well.
Speaker 5: And what you were talking about before, just going, oh,
Speaker 5: they're on sentilling.
Speaker 2: And they're earning what I'm earning.
Speaker 5: What I'm feeling from the tone of the way you
Speaker 5: said that actually had nothing to do with the dollar amount,
Speaker 5: because if they were you know, on senlink and like
Speaker 5: studying or doing something, it was more about the mindset
Speaker 5: and the like what they're contributing to the relationship.
Speaker 2: Am I right in reading into that a little bit?
Speaker 6: Very much? So it was just even stuff around the house,
Speaker 6: like he just had a mentality of you know, the
Speaker 6: big things will come, but he wasn't going to get
Speaker 6: anything or he wasn't contributing around the house. So I've
Speaker 6: just learned that I want people sort of on the
Speaker 6: same path as me.
Speaker 2: Yeah, of course, I feel like you made the right
Speaker 2: decision for you. Then I love that.
Speaker 6: Thank you. I think I did too.
Speaker 5: Or money dores. Next question, I want to know where
Speaker 5: you are at now, So.
Speaker 2: Tell us what do you do for work? How much
Speaker 2: money do you earn?
Speaker 6: Okay, so I currently am We created a company.
Speaker 2: Oh, we just created a company, No, biggie.
Speaker 6: I took a lot of learning and a lot of
Speaker 6: discussions with your accountant, but yeah, I've I got into
Speaker 6: mail contracts and we were working for another contractor and
Speaker 6: the opportunity come up to go out on our own,
Speaker 6: so we did, and we just kind of kept growing.
Speaker 6: So I've got three contracts.
Speaker 5: Oh my gosh, the way you said it, you were
Speaker 5: just so flippant about having just started a business, which
Speaker 5: is crazy. So many people would never even consider taking
Speaker 5: the risk, but you were like, ah, we just did it,
Speaker 5: No biggie.
Speaker 6: As I get older and I tell everyone else is too,
Speaker 6: there's a lot of information on the internet. People shouldn't
Speaker 6: be as scared as I want. You can get a
Speaker 6: lot of information on how to do it or get
Speaker 6: a really good account all right.
Speaker 5: I want to know now, though, how much money do
Speaker 5: you earn? That sounds like an exciting role, but like,
Speaker 5: let's get into the nitty gritty dollars of it.
Speaker 6: Okay, so we're still relatively low, but we have a
Speaker 6: lot of perks like company cars and things like that.
Speaker 6: Due to the company. The actual income that we bring
Speaker 6: in is roughly about one hundred and fifty thousand a year.
Speaker 6: I also have a house that we bought which we're
Speaker 6: currently not living in at the moment, so we've decided
Speaker 6: to rent that out. So that's bringing a little bit
Speaker 6: in as well.
Speaker 2: Very nice.
Speaker 6: So far, it's been a different journey. We built a
Speaker 6: shed to live in with my parents in laws because
Speaker 6: they are ill at the moment. We'd purchased land up
Speaker 6: the road. We had built very long twelve months of
Speaker 6: building a house up the road, we had the equity
Speaker 6: sitting there, so we borrowed again to build a shed
Speaker 6: down here. And yeah, we've been living in that while
Speaker 6: still doing the company.
Speaker 4: Amazing is that one hundred and fifty thousand dollars then
Speaker 4: split between the two of you because you both work
Speaker 4: in the business.
Speaker 2: Yeah, beautiful, very cool.
Speaker 5: All right, next question, I want to know what is
Speaker 5: your big money goal?
Speaker 6: Oh, to retire early. Oh I love that financial freedom.
Speaker 6: That's what's on my board just to be able to,
Speaker 6: I think, retire and do what I would like when
Speaker 6: I retire. I watch, you know, my husband's family and
Speaker 6: my family, and they are at the end of their
Speaker 6: lives and they're struggling or waiting for money or not
Speaker 6: being able to do things, and they've worked really hard lives.
Speaker 6: I don't want to get to the end of mine
Speaker 6: and be scraping through.
Speaker 2: Yeah, no, that makes absolute sense. What are you doing
Speaker 2: to work towards that?
Speaker 6: So we would like to have the rest of our
Speaker 6: mortgage for the house that I'm currently renting out. We're
Speaker 6: hoping that we can have that paid out in four years.
Speaker 2: Oh four, how good?
Speaker 6: I think we have just under three hundred thousand dollars
Speaker 6: owing on that. So we would like to have that
Speaker 6: pay or that money at least sitting in an offset
Speaker 6: account by the end of four years. With my husband's
Speaker 6: dad being ill, we're kind of stuck here for a minute.
Speaker 6: So we were discussing either buying another investment property or
Speaker 6: trying to put the money together so that if anything happens,
Speaker 6: we could purchase my husband's house that he grew up
Speaker 6: in and pay his sister out if ever that comes
Speaker 6: to task.
Speaker 2: I love that.
Speaker 5: I feel like I know the answer to this next
Speaker 5: question because you mentioned that you have a property you're
Speaker 5: leasing out. But I want to know do you have
Speaker 5: any investments. If so, what are they.
Speaker 6: The house up the road. As I recently am on
Speaker 6: a very steep learning curve thanks to you guys with
Speaker 6: some shares.
Speaker 2: How exciting it's nerve wracking.
Speaker 6: I learned through shares is that I wasn't very good
Speaker 6: at picking my own but I did. I put as
Speaker 6: all amount into shares his last year and it was
Speaker 6: going down, so I've recently sold them. I've decided to
Speaker 6: stay with the six Park benures that I have put into.
Speaker 6: I put two thousand dollars away in eight Pril four.
Speaker 6: My daughter and I've recently done another one for my
Speaker 6: partner and I. We're just waiting with the bear market
Speaker 6: at the moment, I've got a feeling like it would
Speaker 6: be a good time to buy, but it's just picking
Speaker 6: exactly when.
Speaker 5: We don't pick the time, my friend, We invest when
Speaker 5: it's right for you guys, because if we're aiming to
Speaker 5: be in the market for a long period of time,
Speaker 5: we can't time the market. It's not a good idea,
Speaker 5: my friend, what are we doing well?
Speaker 6: I kind of improving that to the partner at the moment,
Speaker 6: I think a little Petri five when I was like,
Speaker 6: I'm just going to put a couple of thousand thousand
Speaker 6: in the share market.
Speaker 5: It's a big decision, but it's one that only you
Speaker 5: guys can make for you. But I think it's so
Speaker 5: interesting to know. And I actually want to ask a
Speaker 5: really per question. Sorry, Jess, it's off the script, but
Speaker 5: I want to know here what made you want to
Speaker 5: sell shares when you were down? Was that something that
Speaker 5: you were like, oh, I just want out, I don't
Speaker 5: want to do that anymore, or if you were saying
Speaker 5: they were going down. I got rid of them.
Speaker 6: Why I did not have faith in why I chose them?
Speaker 6: Yell okay, a whim at the moment, and I kind
Speaker 6: of went on and I was like, I wanted to
Speaker 6: get Australian ones and I didn't fully understand what they were,
Speaker 6: and so the faith in them was not there. Whereas
Speaker 6: having someone else, you know, helped pick the shares. I
Speaker 6: think that there's probably a lot more information that's gone
Speaker 6: into that rather than it going oh that one looks pretty.
Speaker 5: Yeah, And so your experience with six Park, you've just
Speaker 5: gone all right. Well, as much as I can pick
Speaker 5: them myself, I actually want to pro to pick them
Speaker 5: for me, and I feel a bit more confident with
Speaker 5: that option.
Speaker 2: Is that about right?
Speaker 6: That's exactly right?
Speaker 2: How cool? All right?
Speaker 5: Next question, my friend the opposite, Do you have any.
Speaker 2: It's just the mortgage awesome.
Speaker 5: I want to be pervy about the mortgage though. Are
Speaker 5: your rental repayments covering the mortgage repayments at the moment?
Speaker 2: What does that look like?
Speaker 6: Yes, we get to higher rental income than what the
Speaker 6: minimum is for repayments.
Speaker 2: Oh, money win. That's a very nice outcome.
Speaker 6: Yes, we're very lucky because we were slightly scared going
Speaker 6: into that venture as well, because the risks of someone,
Speaker 6: you know, ruining a house or something like that. But
Speaker 6: we've been very lucky in finding an extremely brilliant property
Speaker 6: manager and so it's just been really smooth. We don't
Speaker 6: really hear much of anything from up there.
Speaker 2: It pick or Next question, do you currently use shopback?
Speaker 6: No?
Speaker 2: Sorry, you don't have to apologize. We just want to know.
Speaker 2: We're just pervy. You know, the community talks about it
Speaker 2: all the time.
Speaker 5: They've always got hot tips and tricks, and it's a
Speaker 5: missed opportunity for me if I'm not asking to be honest.
Speaker 6: We did try. My husband's kind of I don't want
Speaker 6: to call him stingy because I love the fact that
Speaker 6: he's like it and he's got to be exalted. Yes,
Speaker 6: he's very savvy, so we found a lot of the
Speaker 6: time he was finding specials in his own things to
Speaker 6: buy stuff, so we never really used it.
Speaker 5: Yeah, no, that's fair, that makes absolute sense. I want
Speaker 5: to know, though, if you're not using shop back, what
Speaker 5: is your best money hack?
Speaker 6: My husband fair fast, just the shopping around. I mean things,
Speaker 6: especially large price things. You really do have to shop around.
Speaker 6: He's a little bit more strict with it than I am,
Speaker 6: especially with like purchasing vehicles. He will set aside two
Speaker 6: months before we need one, and he will go back
Speaker 6: and forth between dealers and he will drop prices like
Speaker 6: seven or eight thousand dollars, whereas I like, yeah, he's
Speaker 6: very amazing. So we have both our little jobs when
Speaker 6: it comes to buying stuff. We're each better at our
Speaker 6: own little field. My money hacks for around the house
Speaker 6: is planning. I plan I've got calendars all my house.
Speaker 6: I plan to a month in advance with the shopping,
Speaker 6: and that we have the week's meals ahead. I'm not
Speaker 6: one to do things last minute, because whenever I do,
Speaker 6: I find I spent a lot of cheeky So yeah,
Speaker 6: that's that's pretty much the hacks and just education. I
Speaker 6: wasn't educated in a lot of the money things. And
Speaker 6: like I said, when you move out a home, no
Speaker 6: one tells you how to plan your week or your
Speaker 6: meals or how much shopping is going to cost you.
Speaker 5: It's crazy, isn't it. No one told me it's so rude.
Speaker 5: What do you mean I have to pay for water?
Speaker 5: Isn't that a free in the tap?
Speaker 6: Or we're even better, we've got tank water, so if
Speaker 6: it runs out you are stuck in the middle of
Speaker 6: the shower.
Speaker 5: That's actually a bigger cost if you have to get
Speaker 5: your tank refilled.
Speaker 2: Yeah.
Speaker 6: Well, funnily enough, I don't think it is. I've done
Speaker 6: like a spreadsheet with a girlfriend of mine that's on
Speaker 6: downwater and it's cheaper for the tank if you set
Speaker 6: it up right.
Speaker 2: Oh, I love that for you.
Speaker 5: I want to know, though, what is your worst money habiting.
Speaker 6: Your own business? We don't get planned holidays as often
Speaker 6: as a lot of my friends. So I will venture
Speaker 6: out for little weekends away with the family, and I
Speaker 6: do splurge a little bit more with that. I think
Speaker 6: in my head I excuse myself for it because I
Speaker 6: don't get the really big holidays.
Speaker 5: I don't think that's a terrible money habit. I think
Speaker 5: that that is a very common feeling that is shared
Speaker 5: by a lot of business owners. To be honest, we
Speaker 5: don't give ourselves enough time off, but we'll definitely let
Speaker 5: our employees off very easily. Yes, all right, my friend,
Speaker 5: last question before we go to a quick break, I
Speaker 5: want to know what grade would you give yourself if
Speaker 5: we forced you to give your money habits a grade.
Speaker 6: Currently, I would be probably sitting on a B minus.
Speaker 2: Why a B minus?
Speaker 6: I do still do my little splurges, and I'm still learning.
Speaker 6: I think I'm at that cusp now where I would
Speaker 6: like to learn further, and I feel like I'm a
Speaker 6: little bit late to it. If I do anything with
Speaker 6: my daughter, I hope that she does this like pre twenties.
Speaker 6: But yes, at least I'm out and I'm having a
Speaker 6: go at it now, So I do think it's at
Speaker 6: least to be.
Speaker 2: I love that.
Speaker 5: All right, let's go to a quick break and after
Speaker 5: I want to dive into business and your life and
Speaker 5: moving out at nineteen guys, don't go anywhere.
Speaker 2: Welcome back, guys.
Speaker 4: Money, Doris, I wanted to ask you said that your
Speaker 4: parents owned a business, which is something that you now
Speaker 4: do as well, which is awesome to see. But you
Speaker 4: mentioned that they were often chasing checks and anyone who's
Speaker 4: ever freelanced or owned the business knows that is one
Speaker 4: of the hardest things, is getting people to pay on time.
Speaker 4: Is that something that you now find yourself doing or
Speaker 4: have you been able to put systems in place having
Speaker 4: seen your parents doing it when you were growing up.
Speaker 4: That kind of puts you a little bit on the
Speaker 4: front foot now as an adult.
Speaker 6: So I'm kind of very lucky because we contract mainly
Speaker 6: with government bodies such as Australia Posts and things like that,
Speaker 6: so the income set up for several years at a time.
Speaker 6: So rather than my dad, which was on like sixty
Speaker 6: day turnarounds with invoices when I sign into something, we're
Speaker 6: signing into them with several year agreements, so I know
Speaker 6: that that money is set up for at least that
Speaker 6: minimum period and it's going to be coming in regularly.
Speaker 5: Oh.
Speaker 2: I love that.
Speaker 5: That would make me feel so much more secure because
Speaker 5: chasing invoices is the bane of everybody's existence.
Speaker 6: Yeah, I did not want to get into that with
Speaker 6: I've watched my family and unfortunately sometimes too, they never
Speaker 6: did get money. Like there was large chunks of money
Speaker 6: that would go seeuth sometimes and they just never recouped
Speaker 6: from that.
Speaker 5: It's crazy the way it works as well, because I
Speaker 5: think everyone would be like, well, why didn't they just
Speaker 5: chase it?
Speaker 2: Why didn't they do this? Why didn't they do that?
Speaker 5: I think it's just sometimes so much easier to cut
Speaker 5: your losses and move on then spend time, energy and
Speaker 5: effort that could be going into generating new revenue chasing
Speaker 5: an old invoice. So it's not to say you should
Speaker 5: let it go, but as a small business owner, you
Speaker 5: only have a certain amount of time and million different
Speaker 5: competing priorities.
Speaker 6: Yeah, and sometimes you will just lose the legal fees trying.
Speaker 5: Yeah, exactly. I want to know more about moving out
Speaker 5: at nineteen. You were telling us before that you were
Speaker 5: a little bit rebellious. What made you take that step,
Speaker 5: what made you go you know what, I'm not moving
Speaker 5: with a family. I'm just stay here. I don't think
Speaker 5: I would have the confidence.
Speaker 6: No, I think I was just naive in the fact
Speaker 6: that I didn't think I would be able to start
Speaker 6: afresh in a new town with no friends. So I
Speaker 6: was like, nope, I'm just staying where I am and
Speaker 6: I will figure it out. In hindsight, sometimes I wonder
Speaker 6: should I have just gone and met some new friends.
Speaker 6: But I think it all turned out in the end.
Speaker 6: But it was just the fear of I didn't want
Speaker 6: to start, and they moved four or five hours away,
Speaker 6: so it wasn't like, you know, you're just an hour
Speaker 6: or two from your friends, you can come back and visit.
Speaker 6: And I just left school, so it was right when
Speaker 6: I was. I left school just at the start of
Speaker 6: year twelve. So it was either I would have to
Speaker 6: go back to school or find a job in a
Speaker 6: brand new town where I didn't know anyone. So I
Speaker 6: just waited up and thought, I'll stay where I am
Speaker 6: and venture for a job here.
Speaker 4: It's so lucky that you said you were able to
Speaker 4: rent your property from your parents. Nineteen is obviously a
Speaker 4: very young age to be taking that step and to
Speaker 4: be living.
Speaker 2: Were you by yourself?
Speaker 6: Firstly, No, my ex was with me when we moved out,
Speaker 6: and one of my dad's friends that also drove. He
Speaker 6: was coming and staying a couple of days of the
Speaker 6: week there, so it was good. But I mean it
Speaker 6: was such a shack for a first house. It was
Speaker 6: like this little, tiny, old brick house on the middle
Speaker 6: of this big property where he'd keep the horses. And
Speaker 6: I can remember I'd never done tank water before and
Speaker 6: there was a tank underground and you had to feed
Speaker 6: it to like this little old tank up in the
Speaker 6: on the top of this thing, and it would gravity
Speaker 6: feed to the house. And they didn't have taps for
Speaker 6: the washing machine and that, so I had to say yes,
Speaker 6: it was very interesting for a nineteen year old. I
Speaker 6: was a lot of phone calls to mum going how
Speaker 6: does this work?
Speaker 4: How did you find it financially being responsible for yourself.
Speaker 4: Did your parents give you any leeway in terms of
Speaker 4: the rent or were you paying full rent, paying full
Speaker 4: bills doing it all at the age of nineteen.
Speaker 6: No, the rent was helped a lot by my parents.
Speaker 6: They covered most of that until I got into work.
Speaker 6: Thank god. We were there, I think for six months
Speaker 6: when my parents moved away. Obviously my ex and dad's
Speaker 6: mate that was daying there. They paid a little bit
Speaker 6: of the rent when we moved out after six months,
Speaker 6: though I think I was just turned twenty, and yes
Speaker 6: we paid full rent. But by then I had a
Speaker 6: position at war worse and so I did have money
Speaker 6: coming in. It was a little bit different.
Speaker 5: Talk to me about leaving school early. So I have
Speaker 5: drawn the conclusion that you left school early because you
Speaker 5: said earlier that you didn't finish HC.
Speaker 2: What led to that decision?
Speaker 5: And you know, it's kind of inspiring, going, well, I
Speaker 5: didn't do HC, and now I'm a business owner and
Speaker 5: like I'm creating financial freedom. I think it's a narrative
Speaker 5: that we don't often talk about. So talk to me
Speaker 5: about that decision and what happened when you made it.
Speaker 6: Yeah, So throughout school I was very rebellious. In the
Speaker 6: early January of the year I left. I got into
Speaker 6: a car accident in year twelve, and how do I explain?
Speaker 6: I just didn't like it. I didn't like school. It
Speaker 6: was getting too much, and so I thought I'd be
Speaker 6: better off learning what I needed to learn for work outside.
Speaker 6: I didn't really have anything that I wanted to do
Speaker 6: that the HC would get for me at that point. Yeah,
Speaker 6: that's fair. Yeah, I guess looking back now, I wish
Speaker 6: I had. I wish i'd been very much staying in
Speaker 6: an office job and not having to use my body
Speaker 6: as much. But yeah, when you're seventeen, you just think
Speaker 6: you know everything.
Speaker 5: I think I think I thought I knew everything at
Speaker 5: seventeen too, Don't worry. I think that's very common. But
Speaker 5: it's always so interesting to ask like, oh, well, what
Speaker 5: did that look like for you and how did that work?
Speaker 5: Because so many people often feel like their careers or
Speaker 5: their future ability to generate wealth will be completely capped
Speaker 5: by an education. And to be honest, I think it's
Speaker 5: really about mindset rather than the credentials or having a certificate,
Speaker 5: because looking at you, like you're making one fifty in
Speaker 5: your business, and I have absolutely no doubt that that
Speaker 5: will grow from here on in. You said you've got
Speaker 5: three contracts. I'm sure you've got space for more to
Speaker 5: grow and you know, flourished, and it's just so inspiring
Speaker 5: to see that you're, you know, someone who's been like,
Speaker 5: all right, well I left. It made sense to me,
Speaker 5: but you're still bopping along getting it done, and that's
Speaker 5: really cool to see.
Speaker 6: Yeah. Well, my older sister, as I said, she was
Speaker 6: the brains of the family, and she left to be
Speaker 6: an accountant, and she pulled out six months on her
Speaker 6: last year at UNI.
Speaker 5: On her last Yeah, oh, she got the heck step
Speaker 5: and everything.
Speaker 6: Yep, and we were all just like, what the heck,
Speaker 6: you can't pull out this late?
Speaker 2: Who would want to work work in finance? Honestly?
Speaker 6: Well, she'd when I got a job in accounts payable
Speaker 6: and she really liked it, so she was like, I
Speaker 6: don't think I need to be an accountant now, but
Speaker 6: she was so close to getting to the end part
Speaker 6: she I gave that in. So it's really funny because
Speaker 6: her partner is doing the same thing that I am
Speaker 6: doing now, but yet obviously only has the one contract.
Speaker 6: So I think it doesn't matter whether you get a
Speaker 6: HC or not when it comes to finances. There's lots
Speaker 6: of avenues that people can go down completely.
Speaker 4: The one other thing I wanted to ask you about
Speaker 4: really quickly, we're going a few steps backwards, but talking
Speaker 4: about your first boyfriend that you described as a bit
Speaker 4: of a drop kick and how you know? You were
Speaker 4: quite young, and I think anyone who's been in love
Speaker 4: in their teenage years knows that, you know, you can
Speaker 4: get caught up in so many elements of those early
Speaker 4: relationships and you're really learning about yourself. I want to
Speaker 4: know how did you come to the choice of being
Speaker 4: able to put your foot because I think a lot
Speaker 4: of people have probably found themselves stuck in a similar
Speaker 4: situation where they feel like the person that they're in
Speaker 4: a relationship with is taking from them and not really
Speaker 4: giving anything back. How did you put yourself first, because
Speaker 4: I think sometimes that can be a really hard thing
Speaker 4: to do.
Speaker 6: I think the biggest part, like when I look back
Speaker 6: at that, was that I knew I could move back home.
Speaker 6: I do have to admit that something my dad has
Speaker 6: always repeatedly told me since I was little, that you know,
Speaker 6: it doesn't matter where you are, what you're doing. There's
Speaker 6: food in the car, but there's a bed come home
Speaker 6: like that. And that's something I've always and will continue
Speaker 6: to say to my daughter. And I've had friends that
Speaker 6: have had really bad relationships as well, and they get
Speaker 6: themselves trapped in money cycles that they can't they don't
Speaker 6: feel there safely can say I'm out. Yeah. Yeah, I
Speaker 6: felt very much safe to say I'm out, Like I
Speaker 6: knew I could restart. I knew I had someway safe
Speaker 6: to go.
Speaker 5: You knew it only took a cup of tea with
Speaker 5: mum to get back in the door and unpawer the
Speaker 5: car right.
Speaker 6: Yeah, yeah, very much surprised my mother that day.
Speaker 2: I was just like, surprise, it's me.
Speaker 6: I'm back from memory. She actually jumped up and down.
Speaker 6: I was expecting, honey, I have to explain, like, oh
Speaker 6: my gosh, I've come back home with my tail between
Speaker 6: my legs. She was just like, oh, excellent, Yes, when
Speaker 6: are you coming home? And I said, I'll go get
Speaker 6: the stuff out of my car and she was like
Speaker 6: she's grabbing my laundry basket with me.
Speaker 5: I wish everybody got to experience that type of love
Speaker 5: and support, because, as somebody who has that, my parents
Speaker 5: honestly would beg me do it be like.
Speaker 2: Are you sure you don't want to come back home
Speaker 2: Victoria while I was at.
Speaker 5: UNI, like, I just feel like everybody deserves that, and
Speaker 5: I know that not everybody in our community has that,
Speaker 5: But you guys, come live with me.
Speaker 2: It's all good. I'll take you in.
Speaker 6: That was that, and I would love to explain to
Speaker 6: any females it's a bit what you know. I hear
Speaker 6: on your podcast regularly as well. Set yourselves up with
Speaker 6: you a little bit of a kiddie. There's organizations out
Speaker 6: there that are willing to help and get your set
Speaker 6: back on the straight and narrow. I think if I
Speaker 6: didn't have somewhere that day, I could understand why women
Speaker 6: stay exactly where they are because of money.
Speaker 4: That is like the best advice in the world. And
Speaker 4: that's why we're so passionate about emergency funds. And yeah,
Speaker 4: it's awesome to hear that at nineteen you had the
Speaker 4: support network and everything that you needed, that you were
Speaker 4: confident enough in yourself to be.
Speaker 2: Like, hey, actually I deserve better. I can be a rebel,
Speaker 2: but I know my parents will let me back in
Speaker 2: the house.
Speaker 6: Very much.
Speaker 2: Yes, that is so special.
Speaker 6: I just quickly want to say, like I've been I'm
Speaker 6: just I made a few notes here, guys.
Speaker 2: Oh go going back.
Speaker 6: With my parents, Like the worker thick thing was always
Speaker 6: throwing down my throat. You know, got to work hard,
Speaker 6: you have to do all this stuff. I think to
Speaker 6: a lot of their stuff. They weren't educated. Even today,
Speaker 6: when I say to my mom about shares, she's starting
Speaker 6: to come around and hear things, but she was like,
Speaker 6: oh my god, you can't put money in the share market,
Speaker 6: Like that's really risky. I don't think anyone for them
Speaker 6: there was education for them to go seek. So they
Speaker 6: did put their body on the line to work. Whereas
Speaker 6: I will, hopefully and you guys will hopefully continue to
Speaker 6: put younger generations into educating them for shares and savings
Speaker 6: and stuff like that.
Speaker 5: I will always, always, always advocate for it because it's
Speaker 5: just to me, it's so powerful, Like it's powerful beyond
Speaker 5: belief to know that women are supporting themselves. I think
Speaker 5: for too long we haven't had access to the education
Speaker 5: that we arguably deserve. It blows my mind that, you know,
Speaker 5: even in primary school, we're not talking about having some
Speaker 5: money at the side, or what it actually means to
Speaker 5: pay tax or what it means to save. And it
Speaker 5: just it blows my mind that that's not a common
Speaker 5: narrative and it's one we're trying to change. It's why
Speaker 5: she's on the money exists. I just it overwhelms me
Speaker 5: that you know, women every single week message us yes
Speaker 5: and say, oh my gosh, Like I got to get
Speaker 5: out of this relationship where I got to get out
Speaker 5: of this job, where I got to change something about
Speaker 5: my circumstances that I didn't want anymore because I did
Speaker 5: have money aside and I could make that decision.
Speaker 2: And three years ago I couldn't do that. And it
Speaker 2: just blows my mind.
Speaker 5: Once we get to be part of that, I'm never leaving, sorry, guys,
Speaker 5: here to stay. But two, just that there's so much
Speaker 5: power in education, Like just knowing that that's something you
Speaker 5: can do. Imagine if you'd known that earlier. Like it's
Speaker 5: just you know, we never look back on what we've
Speaker 5: done in a bad way, but we always go, oh,
Speaker 5: wish I'd known that earlier. But like, how cool is
Speaker 5: it that we get to teach other women so that
Speaker 5: they don't say that.
Speaker 6: Well, that's true. And that's what I was trying to
Speaker 6: say earlier too. With the business and that so many
Speaker 6: people kind of go, oh my gosh, you're running a business.
Speaker 6: There's so many pro Like the Internet today makes life
Speaker 6: so much easier for a lot of people. Great, you've
Speaker 6: got fair work sites, you've got the ato sites that like,
Speaker 6: there's come hurdles in my time that I couldn't understand,
Speaker 6: but you generally can google it and there will be
Speaker 6: ten government websites explaining to you, you know what the
Speaker 6: rules are, what you need to do. And when I've
Speaker 6: got really stuck, there's helplines there that you ring with
Speaker 6: the tax or ring with fair work and you say,
Speaker 6: you know, what are my obligations here? How can I
Speaker 6: do this, this and this, and someone will generally sit
Speaker 6: down and explain it to you.
Speaker 5: I love that advice as well, because I think it's
Speaker 5: so important, and like money Smart website, I'm obsessed with
Speaker 5: it. It's free, it's got no bias because it's not from
Speaker 5: a product. Guys like, go and educate yourselves. I think
Speaker 5: a lot of us just assume we need to wait
Speaker 5: until someone gives us permission to go and learn those things,
Speaker 5: or tell us we're good enough to go into business
Speaker 5: if that's what we want.
Speaker 2: To do, but we don't need that permission. Go and
Speaker 2: get it. Get it, queens, I love it.
Speaker 6: Yeah, don't be afraid, just jump in and try. Like
Speaker 6: I said, the income we generate off the company, it's
Speaker 6: still probably classified a smaller income. I'm assuming, but doing
Speaker 6: stuff out on your own. I have a company car,
Speaker 6: a company phone, there's all these different things rather than
Speaker 6: working as an employee that you can find get as well.
Speaker 5: Yeah, well we're going to have a whole hYP of
Speaker 5: new business owners after that conversation in our community, aren't
Speaker 5: we money Doros, thank you so much for sharing your story.
Speaker 5: But Jess, as always, I think that is all we
Speaker 5: have time for today.
Speaker 2: So do you want to wrap the boring but important
Speaker 2: stuff for us?
Speaker 6: Yeah?
Speaker 4: Don't forget, guys that the advice sheared on She's on
Speaker 4: the Money is general in nature and does not consider
Speaker 4: your individual circumstances. She's on the Money exists purely for
Speaker 4: educational purposes and should not be relied upon to make
Speaker 4: an investment or a financial decision. And we promise Victoria
Speaker 4: Devine and She's on the Money are authorized representatives of
Speaker 4: Infocused Securities Australia Proprietary Limited ABN four seven oh nine
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Speaker 2: See you on Wednesday, guys. Bye,