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 through.
Speaker 1: As this podcast is about connecting, empowering, knowledge sharing and
Speaker 1: the storytelling of you to make a difference for today
Speaker 1: and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 4: Hello, and welcome to She's on the Money, the podcast
Speaker 4: for millennials who want financial freedom. Today's Friday, which means
Speaker 4: it is time to sit back with Jessica Ricci, Glenn
Speaker 4: James and myself Victoria Devine with maybe a little bit
Speaker 4: for Regina in hand, to unpack our favorite moments of
Speaker 4: the week, and of course to celebrate you how She's
Speaker 4: on the Money community. This week, we are going to
Speaker 4: be sharing our favorite money wins, or Glenn James is
Speaker 4: going to be sharing his favorite money wins. We're going
Speaker 4: to be discussing what's making news in the finance world.
Speaker 4: We're talking about crypto, and we are going to be
Speaker 4: helping to answer a juicy money question, which this week
Speaker 4: is all about helping a partner around money. But first
Speaker 4: it is time to recap the week that was, So
Speaker 4: I am going to talk you guys through what happened
Speaker 4: on our Monday's money Diaries. This week's money diary I
Speaker 4: was obsessed with. She was a very good egg. She
Speaker 4: was a twenty seven year old veterinarian who had decided
Speaker 4: she was definitely living beyond her means despite making six
Speaker 4: figures in income. She works a really, really big job,
Speaker 4: so she's doing at the moment about one hundred hours
Speaker 4: a week, and the emotional toll from the job was
Speaker 4: absolutely taking a hit, and she decided to treat herself
Speaker 4: a little bit too much to make up for it.
Speaker 4: My favorite thing about this, though, is she identified all
Speaker 4: of that on her own and was like, you know what,
Speaker 4: I need to make a good money change. I need
Speaker 4: to be able to keep up with the lifestyle I have.
Speaker 4: I need to be able to make some drastic changes
Speaker 4: for my money habits. So not only has she done this,
Speaker 4: but she's also had a big dramatic mental health overhaul
Speaker 4: to make it all sustainable. And I just I think
Speaker 4: it's so beautiful when people are so self reflective and
Speaker 4: we get to hear their journey of how they came
Speaker 4: to the conclusion that you know, it was time for change,
Speaker 4: because a lot of us find ourselves in a circumstance
Speaker 4: where we bury our heads in the sand, and this
Speaker 4: is not what happened on this Money Diary. I just
Speaker 4: feel like it was so inspirational. She was very talkative,
Speaker 4: she was very fun, she's a twin. But also there
Speaker 4: was an underlying theme with this Money Diarist that she
Speaker 4: was behind, and I just found that so interesting from
Speaker 4: someone who was clearly very well educated, earning six figures,
Speaker 4: like she was a vet. So from the outside, Jess
Speaker 4: and Glenn, I just feel like she was like a
Speaker 4: pinnacle of like what a successful young twenty seven year
Speaker 4: old is. Like, you're twenty seven, you're making six figures,
Speaker 4: you're a vet, you're a mad dog, like you are
Speaker 4: killing it. But in every other aspect of her life,
Speaker 4: she was like, I feel so behind. I feel like
Speaker 4: all of my friends are doing these things that I'm not,
Speaker 4: and It's such a typical story where what is on
Speaker 4: the outside is definitely not reflective of what's going on
Speaker 4: the inside. And was a good connection between what is
Speaker 4: going on mentally versus financially and how those things tie together.
Speaker 4: So this was a money diary that I think everyone
Speaker 4: should listen to because honestly, really relatable.
Speaker 2: Oh my gosh, she sounds so special.
Speaker 4: She was very special. But jess what happened on our
Speaker 4: Wednesday episode? What did we deep dive into?
Speaker 5: So this week we were speaking all about our top
Speaker 5: ten hacks for Christmas. Glenn, I don't know if over
Speaker 5: on mind lending your money, you guys are doing anything Christmas? Y?
Speaker 6: Yeah, we did our Christmas episode I think at the
Speaker 6: end of November. What but like before people purchase their presence, Like.
Speaker 4: Yeah, I've got in early, but we got in early too.
Speaker 4: Did you hear him say that just our Christmas episode?
Speaker 4: What do you mean you don't have a Christmas series?
Speaker 2: Yeah, that's actually what I mean.
Speaker 4: What do you mean isn't every episode in December meant
Speaker 4: to be Christmas?
Speaker 6: Well, our listeners are, they're too focused on doing good
Speaker 6: things with money, investing and being self aware, Like your
Speaker 6: money direst.
Speaker 2: Yeah, well, over here, we like to have our cake
Speaker 2: and eat it too.
Speaker 5: So our next Christmas episode was all about our top
Speaker 5: ten Christmas hacks. We went through some of our some
Speaker 5: of the communities as well, which I think was really fun.
Speaker 4: Yeah, I basically stole all of my tips from the community.
Speaker 4: It was good.
Speaker 5: I feel like at this time of year, it's kind
Speaker 5: of just nice to think outside the box a little
Speaker 5: bit when it comes to your finances. There's a few
Speaker 5: sneaky little tips and tricks that you can use. And
Speaker 5: even if you know, obviously this is going up on
Speaker 5: the twenty third, might be a little bit late for
Speaker 5: Christmas shopping this year, but file them away for next
Speaker 5: year because Christmas comes around every year.
Speaker 4: Also, I think it's not even too late, because people
Speaker 4: do that mad dash on Christmas Eve to buy presents
Speaker 4: because they feel like they haven't done enough. Like you
Speaker 4: absolutely have, one present is more than enough, even no
Speaker 4: presence is more than enough. And I just feel like
Speaker 4: I do the same thing, like you know when you're
Speaker 4: finally wrapping all the presents that you've put in the
Speaker 4: spare room because you're like, oh my gosh, I'll get
Speaker 4: to that. We'll get to that, and then you're like,
Speaker 4: it's Christmas Eve, like everyone's coming tomorrow. I need to
Speaker 4: wrap them. And I look at it and I'm like,
Speaker 4: oh my gosh, I've only got like one thing for
Speaker 4: my sister, but I've got like three things from my mum.
Speaker 4: Maybe I need to pop out and get another. And
Speaker 4: it's silly. It's so silly because it's not reasonable, it's
Speaker 4: not logical, like you didn't even need to do presents.
Speaker 4: Christmas is not about that. But yeah, I feel it,
Speaker 4: and I think that other people do too.
Speaker 6: Do you know the biggest thing that I learned from
Speaker 6: my people? And you've probably got the same comments And
Speaker 6: she's on the money.
Speaker 4: Group, your people are my people, glad.
Speaker 6: Yeah, Like there was these early childhood educators and school
Speaker 6: teachers and they were like, hey, parents, just as a tip,
Speaker 6: a beautiful card for us is better than buying us crap.
Speaker 5: We literally spoke about this last week because my sister
Speaker 5: and Laura's a teacher.
Speaker 6: Oh my gosh, Yeah, how cool is that?
Speaker 4: I don't really have so many world's best teacher mugs.
Speaker 5: Yeah, it gets to a point where you're just like, please,
Speaker 5: I love you, but no more.
Speaker 2: Whereas cards You're right.
Speaker 6: So next year, everyone for Christmas, just write some beautiful
Speaker 6: words for honest.
Speaker 4: And it's all about love languages as well, Glenn. I
Speaker 4: don't know how fluffy you are, but on this pod
Speaker 4: we talk a lot about our love languages, and in
Speaker 4: our team we talk about it because I feel like
Speaker 4: love languages also translate to what is the best way
Speaker 4: Jess is going to feel valued in this team? How
Speaker 4: am I going to show her that? And words of
Speaker 4: affirmation very high on Justic's list. Do you know what
Speaker 4: you're just getting hand written? Next Christmas?
Speaker 6: Jess, I receive words of affirmation and I give gifts
Speaker 6: or access service.
Speaker 4: That's what I do too. Yeah, Glenn, and I cut
Speaker 4: from the same cloth though, like Mum and dad of finance.
Speaker 4: Well to say that now I'm married, I think, so
Speaker 4: I'm gonna keep doing it.
Speaker 6: Yeah, I think.
Speaker 2: Sorry, Steve's not friend.
Speaker 4: Yeah, he's a big man, he'll get it.
Speaker 6: I just thought, like this year, particularly around Christmas, I
Speaker 6: was talking with someone yesterday like most of us have
Speaker 6: and like plenty of your listeners like we don't need
Speaker 6: more stuff, And my whole thing was with gift buying.
Speaker 6: Just be thoughtful, be intentional, be sustainable like make something,
Speaker 6: cook something, yeah, buy from small business. Like I just
Speaker 6: think we're in such a consumerist type society and how
Speaker 6: much crap gets.
Speaker 4: Given, it's true, and how many things are you actually
Speaker 4: using that you got last year for Christmas. So I
Speaker 4: think that's actually a really good reflection point, is writing
Speaker 4: down what you got for Christmas last year, because I
Speaker 4: guarantee that you can't remember, Like I guarantee it, like
Speaker 4: I know what my sister got me, but like there's
Speaker 4: probably things that are absolutely falling through the cracks and
Speaker 4: if I can't articulate it, I promise your family can't
Speaker 4: remember either. So I think it's really about being intentional.
Speaker 4: And you know I've said before on the pod as well,
Speaker 4: in our family or in Steve's side of the family,
Speaker 4: we do handmade, homemade or second hand. And that's a
Speaker 4: rule for gift giving, like all of the presents have
Speaker 4: to fit into one of those categories. And one, it
Speaker 4: makes it way more fun, but two, I think it
Speaker 4: just takes the pressure off financially, Like I'm hunting on Facebook,
Speaker 4: Marketplace and gum Tree for things for the kids that
Speaker 4: you know are a little bit more intentional. And because
Speaker 4: it's secondhand. Obviously, you're not going to buy them something
Speaker 4: that you know was only lasting a year for another
Speaker 4: child and broke, like you're buying bigger items for less money.
Speaker 4: And you guys have all heard about the money when
Speaker 4: I got on gum Tree a couple of years of
Speaker 4: the fifty dollar kitchen that you know, the kids still
Speaker 4: love and news it's in their cubby house and make
Speaker 4: me cuts of tea every time I go over. They're
Speaker 4: full of dirt, but I love them.
Speaker 6: Yeah, I would say anyone doing the Christmas dash tonight
Speaker 6: or tomorrow morning or tomorrow on Christmas Eve, Like one year,
Speaker 6: I bought all my aunts a really nice bunch of
Speaker 6: flowers from like a local small business florist and can
Speaker 6: you get creative a nice card, you know, some nice
Speaker 6: flowers like just yeah, slow down, it's okay. But whatever
Speaker 6: you do, try and keep away from consumer debt with
Speaker 6: your purchases.
Speaker 4: Yeah, one hundred percent. That is the biggest hot tip
Speaker 4: that we have as well, is don't go into debt
Speaker 4: for Christmas because it just puts you in the worst
Speaker 4: position to start a new year, especially if you've spent
Speaker 4: this year trying to pay debt off and I.
Speaker 6: Would say, don't underestimate the regifting strategy.
Speaker 5: I'm a big fan of regifting. I'm a big fan
Speaker 5: of it.
Speaker 6: Yeah.
Speaker 4: I got for Christmas from Jess Well I gave her
Speaker 4: last year for Christmas. Yeah, it's like that thing.
Speaker 5: I think it gets better off going to someone that's
Speaker 5: going to love and use it than sitting in your
Speaker 5: closet or going in your bin.
Speaker 4: Right.
Speaker 6: Someone sent me a gift to my quote unquote registered office,
Speaker 6: which is not my house for like business purposes, and
Speaker 6: the office called me. It's my accounting firm. They called
Speaker 6: me said, oh, Glenn, there's a package here for you.
Speaker 6: It feels like a gift and they're an hour away
Speaker 6: from where I live.
Speaker 4: Did you ask them to just open it?
Speaker 6: Yeah? And like, can you open it? Just tell me
Speaker 6: what it is? It's a nice so and so I
Speaker 6: won't say what it.
Speaker 4: Was, yeah, because then someone's going to listen to this
Speaker 4: and be.
Speaker 6: Like I was like, well, I'm not driving an hour
Speaker 6: to pick that up. Merry Christmas. So my accountant's got
Speaker 6: a Christmas present from mere gift.
Speaker 4: It's so nice of you, Glenn. You should have just
Speaker 4: like said, oh sorry, it's got my name on it
Speaker 4: it meant to have yours. I must have sent it
Speaker 4: to myself. Sorry, sorry, well.
Speaker 6: Yeah, but they sent me a nice photo on a
Speaker 6: nice photo of.
Speaker 4: The cards, so oh, good work. And I think the
Speaker 4: card was the thing that you probably appreciated the most.
Speaker 4: Let's be honest.
Speaker 6: There's nothing better than a templated message that goes out
Speaker 6: in bulk, is there?
Speaker 1: Oh?
Speaker 4: Yeah, absolutely, I love it, especially when it doesn't have
Speaker 4: your name, it just has a pre printed message.
Speaker 6: Yeah. My favorite is the dear valued customer, And it's like, well,
Speaker 6: if I was that valued, you'd.
Speaker 4: Know my name's twenty two. No, no, there are software
Speaker 4: systems for making that way more personal.
Speaker 6: I was that valued, you'd know who I am.
Speaker 4: Oh my gosh. All right, well let's seguey off that,
Speaker 4: because I feel like we're going down a rabbit hole
Speaker 4: and into our budget direct Money Wins and Confessions of
Speaker 4: the Week. This week we are throwing to Glenn. Glenn
Speaker 4: has gone through our Facebook group. I want to know
Speaker 4: what are your favorites from this week?
Speaker 6: Okay, my first one, Hailey. She saved ten percent on
Speaker 6: the diploma that she'd been looking at completing. She saved
Speaker 6: dollars by paying up front. Once completed, it will open
Speaker 6: up heaps more career options.
Speaker 4: That's an investment.
Speaker 1: Yeah.
Speaker 6: The reason I chose I'm going to give you a
Speaker 6: little one lineer of why I chose these moment care
Speaker 6: is we can always learn by reading between the lines.
Speaker 6: Number one, the more ahead you get with your personal finances,
Speaker 6: it's kind of that money makes money type thing, and
Speaker 6: buying in bulk, having the money to buy in bulk,
Speaker 6: having money to prepay, having money to pay your insurance annually,
Speaker 6: it will actually save you money. But some of us
Speaker 6: we do need to get to the point like I
Speaker 6: used to pay all my insurances monthly till I could
Speaker 6: afford to pay them yearly and get the discounts.
Speaker 4: So on you Hailey, Yeah, she must be setting herself
Speaker 4: up well to be able to do that.
Speaker 6: Get it, Get it. And the thing is like the
Speaker 6: best investment that you have in your life, going to
Speaker 6: your own suite, going to your bathroom, look in the mirror.
Speaker 6: That is the best financial investment that you have.
Speaker 4: Oh do you really think the botox is worth it?
Speaker 6: Absolutely?
Speaker 4: Thank you, thank you. It was a bit more expensive
Speaker 4: than I expected it to be, but I'm glad it's
Speaker 4: paying off.
Speaker 6: Absolutely it will so that Botox is strapped on to
Speaker 6: a money making annuity. Yeah. Perfect, Melissa, she redid her
Speaker 6: budget so that she could allocate twelve hundred dollars a
Speaker 6: fortnight to savings.
Speaker 4: What a fortnight. That's six hundred bucks a week.
Speaker 6: Six hundred dollars a week. This is so wild And
Speaker 6: I would say good on you, Alyssa for like being intentional.
Speaker 6: And it just goes back to that thing. How many
Speaker 6: times have we heard when people pay attention to stuff,
Speaker 6: they get results. So a lot of the time you
Speaker 6: can find money in your budget just by having some
Speaker 6: type of system.
Speaker 4: Or plan, right, that's crazy. Six hundred bucks a week
Speaker 4: is massive. And to contextualize that here in Australia, minimum
Speaker 4: wage is eight hundred and fifteen dollars a week. Wow,
Speaker 4: Like she's almost saving an entire wage every single week.
Speaker 4: That is queen behavior.
Speaker 6: Yeah, love that cat. Money win. I got offered a
Speaker 6: job that's thirty four thousand dollars more than what she's
Speaker 6: on and it's an added bonus. It's at a non
Speaker 6: for profit, so I can take advantage of salary packaging.
Speaker 4: Oh, money win.
Speaker 6: That is an awesome money win.
Speaker 4: How good is that?
Speaker 6: Yeah? Now this one is dear to my heart. This
Speaker 6: next one, Oh.
Speaker 4: What did they buy the Glenn James cash flow course?
Speaker 6: They basically purchased the Glenn James spending plan. Sammy, this
Speaker 6: is amazing. I finally paid off and closed my credit
Speaker 6: card that has controlled my life for the past ten years.
Speaker 2: Jenny, I'm Sammy.
Speaker 6: Now, how amazing is that? Sammy?
Speaker 4: We are so proud. That is epic.
Speaker 6: Can I reply to the message in the group and say, hey,
Speaker 6: we read your thing out because I've got copies of
Speaker 6: your book here, Victoria that I always post out to people.
Speaker 4: Oh, you're going to give my book out for free?
Speaker 6: I don't love give a copy in my book as well.
Speaker 4: But oh, unders just got to make sure that there's
Speaker 4: some self promotion in that.
Speaker 7: Absolutely, but with permission, I will absolutely you Kat, you're
Speaker 7: going to say unrealistic expectations for us always replying and
Speaker 7: giving books away, like we can't keep up with this.
Speaker 4: Glenn's like, oh, I'm on your pod more often.
Speaker 6: Yeah, so that was awesome. And my last one. You
Speaker 6: know how you check emails like late at night or
Speaker 6: early in the morning, and you kind of it goes
Speaker 6: into like red and you forget about it.
Speaker 4: You got to flag it if you do that.
Speaker 6: Yeah, well I'm guilty of that. This one reminded me
Speaker 6: of what happened to me. Olivia said, money win. I
Speaker 6: got an email from Booper that they're giving me thirty
Speaker 6: five dollars back from their COVID saving Oh, and I'm like, oh,
Speaker 6: that's familiar. And I looked at my email. There it is.
Speaker 6: I also got an email from Booper to say, hey,
Speaker 6: we didn't spend as much money during COVID. We're giving
Speaker 6: our members some cash back.
Speaker 4: Oh my gosh. Jess and I were having this conversation
Speaker 4: literally this morning because you got a similar email, didn't you?
Speaker 5: My health insurer, I'm with Defense Health. They said less
Speaker 5: people claimed during COVID, and we're not for profits sweeping back.
Speaker 5: I got three hundred bucks back from my health insurance
Speaker 5: last year.
Speaker 6: Yeah, I think I got one hundred and thirty five
Speaker 6: or something. But like, I just how good is it that?
Speaker 6: A big company and you know, everyone hates paying for
Speaker 6: health insurance, but like, yeah, they finally just like, you
Speaker 6: know what, we save some money, have some money back.
Speaker 2: That's exactly what I said.
Speaker 5: I was like, that is also from like a marketing perspective,
Speaker 5: the best marketing that they'll ever do, like totally because
Speaker 5: I saw so many peop right posting about it. I'm
Speaker 5: telling everyone I can think of about it, like I'm
Speaker 5: really happy. It's just like a super nice thing. And
Speaker 5: the timing as well, Like I got the email like
Speaker 5: four days before we recorded this episode, and I was like, oh,
Speaker 5: thank God, like Christmas, I've just had to pay my
Speaker 5: redshirt for timing. That money is going to go so
Speaker 5: far to help me. And I'm sure that there are
Speaker 5: a lot of people who felt exactly the same.
Speaker 6: So I just want to like my whole thing with
Speaker 6: these money wins. It's not the amounts, because on one
Speaker 6: end of the spectrum, thirty five dollars is a money win, absolutely,
Speaker 6: the other end, six hundred a week is a money win.
Speaker 6: So whatever is relevant to you is just.
Speaker 4: Awesome hundred percent.
Speaker 6: I'm the kind of guy like if I found two
Speaker 6: dollars on the side of.
Speaker 4: The road, I'd be stoked.
Speaker 6: I'm just like, oh my gosh, I feel so blessed today.
Speaker 4: Yeah. See, this is a question because I saw five
Speaker 4: dollars on the road the other day and you kept.
Speaker 6: Driving and you're like, oh, that's cool.
Speaker 4: No. No, I was walking Lucy and we were out
Speaker 4: for coffee and it was just like in the gutter,
Speaker 4: and I was like, do you know what, I'm not
Speaker 4: going to pick that up. Not I can't afford it,
Speaker 4: that's not it at all. But I was like, that
Speaker 4: would absolutely make someone's day to find it, and like
Speaker 4: I would. I don't know. I just if you saw
Speaker 4: five bucks in the gutter, Glenn, you'd pick up or
Speaker 4: would you leave it?
Speaker 6: I'd pick it up.
Speaker 4: No, of course you would, just just you'd up. I
Speaker 4: would definitely. I just do you know what? Maybe it
Speaker 4: was the mood I was in. Yeah, maybe it was
Speaker 4: the mood I was in. I just wanted somebody else
Speaker 4: to have a money win.
Speaker 6: I saw last week there was a Daily Mail article
Speaker 6: Victoria Devine wouldn't even stop to pick up money in
Speaker 6: the streets.
Speaker 7: Oh No, that's absolutely not it.
Speaker 4: It was more like we're standing there, I was waiting
Speaker 4: for like cars to go past because we're crossing the
Speaker 4: road with the dog, and I was like, Oh, someone
Speaker 4: else is going to stop here and have a money win.
Speaker 4: And I just thought that was really wholesome, and like
Speaker 4: I'd already paid for my coffee that day, and to
Speaker 4: be honest, the day before, I'd found one of those
Speaker 4: free coffee vouchers in my car, you know when you're
Speaker 4: like stamp eight and then the ninth is free. I
Speaker 4: got one of those, and I was like, no, I
Speaker 4: don't need this today, I'm going to leave it for
Speaker 4: someone else. And I kind of hoped that the week
Speaker 4: after I would see in our Facebook there's someone in
Speaker 4: Glen Iris. I've got a five dollar money in but
Speaker 4: I haven't seen that yet.
Speaker 6: What's the most money you've ever found? Oh?
Speaker 4: I found fifty bucks one time. It was at the
Speaker 4: my music bulb. It was ten out of ten. Someone
Speaker 4: clearly sat down to watch the concert and left fifty bucks,
Speaker 4: and but I took that. Yeah, I couldn't say no
Speaker 4: to fifty Yeah.
Speaker 6: I found fifty dollars in a lounge at a cafe
Speaker 6: and I was just like, I'm just gonna sit here.
Speaker 6: If someone comes back, they can have it. But if
Speaker 6: they don't come back looking in the next ten minutes,
Speaker 6: she's good to go.
Speaker 5: I don't know what rich places you out of hanging out,
Speaker 5: but I've never seen anything that's not like the only
Speaker 5: time I've seen something it's not a queen is when
Speaker 5: there's been money that's been left at an ATM or
Speaker 5: change left at coals or places like that, and then
Speaker 5: I will always just give it to like the service
Speaker 5: desk and be like, oh, someone's going to cut back.
Speaker 5: If I took a hundred bucks out and I left
Speaker 5: fifty in the thing, like I would panic and go
Speaker 5: back for it. But I've never been lucky enough to
Speaker 5: find fifty dollars floating around on the street.
Speaker 2: I only had one.
Speaker 4: It was like finding the bag of money, like on
Speaker 4: the ground. What would you do?
Speaker 2: You give us the police?
Speaker 4: Surely?
Speaker 6: Yeah, my aunt found it a bag that had five
Speaker 6: thousand dollars in it. What yeah, Actually, so she gave
Speaker 6: it to the police. It was only like a couple
Speaker 6: of years ago. And then if no one claims it
Speaker 6: within I think three months or whatever, you get to
Speaker 6: keep it. And she needs to keep it. They called
Speaker 6: her and they said, yeah, no one's come forward, Come
Speaker 6: get your own, come get you.
Speaker 4: Five great, Oh my gosh. And then legally she didn't
Speaker 4: like steal it or anything. Here's me going, I wouldn't
Speaker 4: kive it in our dad. Keep that. That's like what
Speaker 4: my guilt would get me. And then I'd talk about
Speaker 4: it on the podcast and then someone would called me
Speaker 4: and be like, that was my money and I needed
Speaker 4: it for surgery or something, and I'd feel guilty.
Speaker 2: Oh my gosh.
Speaker 4: Yeah, No, anyway, all right, Glenn James, it has been
Speaker 4: fabulous celebrating some of your budget Direct money wins. This
Speaker 4: week a budget Direct winner of Kanstares Insurer of the
Speaker 4: Year Award twenty twenty two. Budget Direct Insurance Solved. Let's
Speaker 4: go to a really quick break and after the break
Speaker 4: we're going to be talking about the crypto Exchange and
Speaker 4: how to help your partner with money. Don't go anywhere,
Speaker 4: all right, we are back. Glennie James is here to
Speaker 4: help us have a conversation all about FTX. Glenn, it
Speaker 4: has been an absolute roller coaster in the world of crypto.
Speaker 4: We see article after article of things falling and crashing,
Speaker 4: and everyone who were saying it was the best investment
Speaker 4: ever is really starting to eat their words. You're far
Speaker 4: better versed at this than I am. When it comes
Speaker 4: to talking about crypto, I often shy away from it
Speaker 4: because I just don't like it, and this is just
Speaker 4: validating for me. Jess Aha. There was a good reason
Speaker 4: behind that, but can you give us the TLDR of
Speaker 4: what's been going on in that space.
Speaker 6: Yeah. So over the last few months you may have
Speaker 6: seen online and in the news that a big cryptocurrency
Speaker 6: exchange basically went bankrupt and that exchange was called FTX.
Speaker 6: Now the TLDR was this exchange was run by Doe
Speaker 6: called Sam Bankman freed. So yeah, that's how you pronounce it.
Speaker 6: That'll do. That'll do.
Speaker 4: Imagine having a name called Bankman and then going bankman free.
Speaker 6: Oh no, you could not write this stuff anyway. Get
Speaker 6: this this company, well this crypto newsletter thing. They got
Speaker 6: a leaked spreadsheet and it was called coin desk, this
Speaker 6: crypto news website that the FDx exchange had one billion
Speaker 6: dollars in assets but nine billion dollars in liabilities.
Speaker 4: Nine billion is insane.
Speaker 6: Yes, So what happened was that got out and it
Speaker 6: would be like Jess, if you had a bank account
Speaker 6: with a big bank and you had ten thousand dollars
Speaker 6: in it.
Speaker 4: Oh, she definitely does.
Speaker 6: Yeah, yeah, and you heard that that bank may not
Speaker 6: have that ten thousand dollars to pay you if you
Speaker 6: went to the branch of the at.
Speaker 4: Jess is gone. Do try and take that ten ground
Speaker 4: out the session. She hears like a mass exodus, exodus.
Speaker 6: And then everyone does that and they call that a
Speaker 6: run on a bank. So what happened There was a
Speaker 6: run on this exchange and basically people logged into their
Speaker 6: account and I've had zero dollars, like zero coins, zero bitcoin,
Speaker 6: zero this, so all their money had gone. But what
Speaker 6: actually happened was the founder, Sam Bankman Freud well Fried
Speaker 6: I don't even know how pronounced it. Freed, Sorry, it's Freed,
Speaker 6: He's Fried. Get this. He took around eight billion dollars
Speaker 6: of people's money or crypto coins, basically took it to
Speaker 6: another entity that he had called Alneda Research, which was
Speaker 6: a hedge fund and was doing stuff with other people's money,
Speaker 6: and then it got found out there was a run
Speaker 6: on it and went bankrupt.
Speaker 2: Oh my god.
Speaker 6: So this dude, he lives in the Bahamas.
Speaker 4: That's exactly where I would leave if I was spending
Speaker 4: other people's money.
Speaker 6: And then the administrators went in right and they're like,
Speaker 6: this is the worst thing we've ever seen. There is
Speaker 6: no risk management, there is no compliance operations. It's basically
Speaker 6: a big old sham. Hardly any records, no budget, if
Speaker 6: someone wanted to spend money in the company on sponsorship
Speaker 6: deals or whatever, like FDx sponsored. I think the Mercedes
Speaker 6: F one team. They were literally just approving any money
Speaker 6: to be spent. So this has all come crashing down.
Speaker 6: He was silent for a while, but in recent weeks
Speaker 6: Sam bankmin Freud Freed, I think it's crazy. Yeah, he's
Speaker 6: He's come out and basically said, yeah, I stuffed up, guys,
Speaker 6: blah blah blah.
Speaker 4: You didn't just stuff up.
Speaker 6: So at the end of the day, that's cold comfort
Speaker 6: for someone who has lost all their money.
Speaker 4: I stuffed up this morning. I ordered jess an oat
Speaker 4: hot chocolate instead of a soy hot chocolate.
Speaker 6: And that was an eight billion dollar mistake.
Speaker 4: Yeah, I didn't play with someone's eight billion dollars. They
Speaker 4: just said she liked the oat milk much better than
Speaker 4: the so was really a mistake, we don't know, but
Speaker 4: but eight billion dollars. Oh sorry, guys. To start, I'd
Speaker 4: like to apologize, but he's going to be testifying before
Speaker 4: Congress on the FTX collapse, obviously, and that's all happening,
Speaker 4: and I just think this is really playing into people's
Speaker 4: fears around crypto already because crypto was already a much
Speaker 4: riskier asset than investing in the share market. Lots of
Speaker 4: people saw lots of opportunity. We talk about bitcoin and
Speaker 4: stuff like that quite often, but it's impacted the industry
Speaker 4: as a whole because I think that there's a lot
Speaker 4: less trust than there was before this collapse obviously happened.
Speaker 4: And then here in Australia in the AFR a couple
Speaker 4: of weeks ago, Glenn, there was an article about how
Speaker 4: a Brisbane crypto exchanged so swift x, which I think
Speaker 4: we've all seen floating around because they had some pretty
Speaker 4: targeted millennial marketing in the last twelve months. They recently
Speaker 4: fired ninety staff in the wake of the ftx collapse,
Speaker 4: and I just think it's so interesting how everything is
Speaker 4: relatively interconnected in spaces like this, So what happens on
Speaker 4: the share market is very similar. When one company starts
Speaker 4: to do not so well, people get scared. It's the
Speaker 4: psychology of investing, it's the psychology behind it. And goes
Speaker 4: back to that example you gave of you know, just
Speaker 4: having ten thousand dollars. Of course she's going to want
Speaker 4: to pull it out, even if it wasn't in that
Speaker 4: particular company. You might go, oh, this might be riskier
Speaker 4: than I thought it was. Maybe I'm Audi and lots
Speaker 4: of people do that, And I think that we need
Speaker 4: to really assess our risk profiles even better than we
Speaker 4: have before, to make sure that we're making decisions that
Speaker 4: are actually in line with our values but also in
Speaker 4: line with what we want to create as a life
Speaker 4: in the future. Can I ask a lay person question
Speaker 4: a lay person question?
Speaker 5: Yeah, normal person with not as much finance, Like, are
Speaker 5: you two talking as the two people I'm sitting in
Speaker 5: chatting with? So going back to that example of I've
Speaker 5: got my money in the bank, bank growth, bust, I
Speaker 5: pull my money out? Is that something that could actually happen?
Speaker 5: Or is this because crypto is obviously a really new
Speaker 5: and life largely unregulated space, is that where the problem was?
Speaker 6: Yeah, So a lot of your listeners were probably still
Speaker 6: at school during the GFC in two thousand and eight.
Speaker 4: So two thousand and eight, two thousand and nine.
Speaker 6: So what actually happened? Are you familiar with Like in Australia,
Speaker 6: if you've got a bank account or you're a customer
Speaker 6: of a bank, the government will protect up to two
Speaker 6: hundred and fifty thousand as a bank guarantee, right, Because
Speaker 6: what happened was during the GFC, and I heard a
Speaker 6: rumor in the years after that there was one major
Speaker 6: bank and I'll just say a top six bank that
Speaker 6: were four days away from becoming basically bankrupt out of money.
Speaker 4: There's a heap of information on that online if you
Speaker 4: guys want to look it up. And I don't think we
Speaker 4: need to spread it around here, but.
Speaker 6: Yeah, but what happened the rud government they knew that
Speaker 6: it was four days away from having a run on
Speaker 6: this bank. The government said, everyone's stopped withdrawing your money,
Speaker 6: will guarantee the government will guarantee two hundred and fifty
Speaker 6: thousand dollars of money if the bank does go under.
Speaker 6: So it can happen in real life. It happened all
Speaker 6: through Europe and particularly in Greece. But the thing that
Speaker 6: happened here, I will say, like what happened with FDx.
Speaker 6: I'll use the analogy like if there was a scientist
Speaker 6: who was fraudulent with his or her science. It doesn't
Speaker 6: make the science bad, It just means, you know, this
Speaker 6: isn't a comment on you know, crypto doesn't work and
Speaker 6: all that. It's just the comment of no regulation, lack
Speaker 6: of integrity, maybe some fraud. And the thing is, I
Speaker 6: think it's you know, it's not hilarious to those who
Speaker 6: may have lost money, but I think it's funny on
Speaker 6: one side of the coin. Don't excuse the pun that
Speaker 6: this whole thing was supposed to stop bankscrewing people in
Speaker 6: the real world, like crypto was supposed to be there
Speaker 6: such antidote to like unplugging from getting screwed by the
Speaker 6: man and all that stuff.
Speaker 4: I'm so hypocritical.
Speaker 6: Now, yeah, so look, it's the contagion has spread. And
Speaker 6: the reason why these big like Swift dex laying off,
Speaker 6: you know, thirty five percent of their staff is because
Speaker 6: exchanges make money basically on the spread, so that means
Speaker 6: they'll sell you a token for more than what they're
Speaker 6: paid for it. So when there is fear and uncertaining
Speaker 6: in the markets, less people are buying and transacting, so
Speaker 6: that means there's less volume, which means there's less profit
Speaker 6: for these companies. Now Coinbase are the probably the third biggest,
Speaker 6: I think the biggest in the world. They've come out
Speaker 6: and said, look, we can prove that we've got the reserves.
Speaker 6: There's no issues here. And a lot of the Australian
Speaker 6: exchanges have also said that we've got the reserves. Aka,
Speaker 6: we are not spending people's money on our pet projects
Speaker 6: over here. But I will just say like in finishing
Speaker 6: the whole exchange thing. So the AX is an exchange
Speaker 6: for securities, right, and cryptos are an extra change. The
Speaker 6: difference is your money with like if you have money
Speaker 6: on swift x on coinspot they're Australian as well, or
Speaker 6: coinbase or even FDx before they went under. That money
Speaker 6: with FDx wasn't in custody. It was actually sitting in
Speaker 6: the exchange. Yeah, and it's with the AX Australian Securities Exchange.
Speaker 6: When you pay for shares and you buy shares, the
Speaker 6: money isn't sitting at the AX, it's in custody or
Speaker 6: it's registered against your name. Does that make sense.
Speaker 4: Yeah, you get issued a certificate to say no, you
Speaker 4: own this directly, Jess. Yeah, which you got when you
Speaker 4: started investing on chares and you were like what is
Speaker 4: this and I was like you are owner?
Speaker 2: Wow, very nice, very shiny.
Speaker 6: Yeah, that's right. So like the board at the ASX
Speaker 6: for example, can't just go in and go, oh, we're
Speaker 6: going to sell two hundred million dollars worth of just
Speaker 6: Rich's CBA shares.
Speaker 4: No, they're like the coals and moollies.
Speaker 2: Gee, my portfolio is looking good two hundred mil.
Speaker 4: Yeah, not that right, right?
Speaker 6: So that vilegely, Yeah, we know where all the she's
Speaker 6: on the money money is going suggest So look, it's
Speaker 6: just it's more of a cautionary tale. I've said for many,
Speaker 6: many years, even before this crypto stuff, any speculative investments
Speaker 6: or assets you really want to keep it maybe two
Speaker 6: to five percent of your net worth, yeah, or some
Speaker 6: type of guide. If you had a share portfolio of
Speaker 6: twenty thousand dollars, maybe you might go, well, I'm not
Speaker 6: going to put more than ten percent into a speculative
Speaker 6: investment because if it gets flushed, you'll get flushed. But
Speaker 6: if you've only got a small allocation, it's not going
Speaker 6: to wipe you out.
Speaker 8: Yeah.
Speaker 4: And I think it's just so important to talk about
Speaker 4: these things. You guys know, I am quite conservative when
Speaker 4: it comes to investing, and that leans a lot into privilege.
Speaker 4: And when I say privilege, it means that I have
Speaker 4: learned to invest when I was young, and I still
Speaker 4: have thirty forty years before I'm rich hiring, and I
Speaker 4: just I can't justify to myself putting money in an
Speaker 4: asset class that is going to be too risky for
Speaker 4: my risk profile. I am your bread and butter kind
Speaker 4: of investor, Like I just want my ETFs, I want
Speaker 4: my you know, managed funds. I want to know that
Speaker 4: I am safe and secure and I am working towards
Speaker 4: a stable financial future. And that just gives me too
Speaker 4: much anxiety. And I know other people are better at
Speaker 4: taking risk, and that's okay, We're all different, and it's
Speaker 4: exactly what you're saying, Glenn, like, just make sure you're
Speaker 4: not biting off more than you can chew because they've
Speaker 4: sold you the dream, and like everyone wants to sell
Speaker 4: you the dream. But I just think it's It also
Speaker 4: plays into this conversation about how banks make money, because
Speaker 4: I think that a lot of people don't actually understand
Speaker 4: that when you put your money into a bank, like
Speaker 4: they're actually using that money. Yes, you can retrieve that
Speaker 4: whenever you want, but if absolutely everybody did it, it
Speaker 4: would be a bank run and it would put us
Speaker 4: in a compromising position, which is why the government's underlyingly
Speaker 4: guaranteeing everything. And I just think it's a top of
Speaker 4: conversation I want to bring up in the new year,
Speaker 4: and just I've actually just written it down episode idea,
Speaker 4: let's talk about how banks actually make money for themselves,
Speaker 4: because it's not just on the interest rate people pay
Speaker 4: on their mortgage.
Speaker 8: Yeah.
Speaker 6: Yeah, And I'm all like, for even when we read
Speaker 6: the money stories, like, let's look at the underlying thing
Speaker 6: and the unlying lesson a lot of like this whole
Speaker 6: crypto thing, what happens with greed stupidity follows very closely.
Speaker 6: And you just need to make sure with your money
Speaker 6: that you're not investing for the greed to get rich
Speaker 6: quick and all that stuff, because at some point something
Speaker 6: will fail and someone is left holding the bag. There
Speaker 6: was an article I saw a couple of weeks ago.
Speaker 6: There's a heap of luxury watches on sale now that's
Speaker 6: flooded the market.
Speaker 4: Rope.
Speaker 6: Yeah, that's right. I wish where people are They got
Speaker 6: all this cash from their crypto sold it. Oh, I'm rich,
Speaker 6: I'm rich. I'm rich. Bought all the Rolllexes and the
Speaker 6: Amigas and all that, the tags and the Brightlings, I
Speaker 6: can't even pronounce these expensive brands, and now they're selling
Speaker 6: them to cash.
Speaker 5: That's another Swatches, That's what I was laughing at. I
Speaker 5: don't think the Swatch is quite making the cut in
Speaker 5: the luxury.
Speaker 4: Well what if it's a collectible? So they did. They
Speaker 4: did a collab with Amiga, didn't they, Glenn.
Speaker 6: Exactly yes. And I tried to get one. I couldn't
Speaker 6: get one.
Speaker 4: I remember I had to get one for you when
Speaker 4: we were in Monaco. Remember I actually, do you know what,
Speaker 4: I'm such a good friend. I dragged literally my best
Speaker 4: friends into an Amiga store and I was like, do
Speaker 4: you have this Swatch thing? They're like, no, it's actually
Speaker 4: not for sale in the Amiga stores. It's only in
Speaker 4: the Swatch stores. There's one around the corner, but they're
Speaker 4: definitely going to be sold out. And I was like,
Speaker 4: this is a joke.
Speaker 6: I love that, Like how many of us get to
Speaker 6: casually drop the line. And when we were in Mona, it's.
Speaker 4: The bougiest thing I have. I was trying so hard
Speaker 4: to impress you, Glenn. I just wanted to be a
Speaker 4: good friend.
Speaker 6: I'm more like when I was in like Geelong, the Newcastle,
Speaker 6: I live in Newcastle. When I was in Newcastle, like
Speaker 6: we went to like this second hand store and I
Speaker 6: found a swatch and I found a swatch, So yeah,
Speaker 6: just be careful, be careful with your money, peeps.
Speaker 4: Yeah, unless you're in Monoco and you're trying to watch, you're.
Speaker 6: Going to be dabbling in stuff because we all know,
Speaker 6: like there's this whole debate with crypto and the actual
Speaker 6: intrinsic value and like intrinsic value that's like okay, well,
Speaker 6: if I pay five hundred dollars for a luxury pair
Speaker 6: of sunglasses, not worth five hundred dollars, but we know
Speaker 6: there's at least probably one hundred dollars worth of stuff.
Speaker 6: So the intrinsic value of the stuff is the materials, right,
Speaker 6: and they reckon Like with gold, for example, people were
Speaker 6: comparing gold to bitcoin. It's like bitcoins now the digital gold. Well,
Speaker 6: we still need gold to make microchips and watches and
Speaker 6: tooth implants.
Speaker 4: Like I like how he went from tooth implants, but
Speaker 4: also watches. They're really important to plan.
Speaker 6: Well, the only reason I've still got a baby tooth.
Speaker 6: And after this recording, I'm going to get the filling
Speaker 6: repaired because They're like, it's almost at the end of
Speaker 6: its life, and I'm.
Speaker 2: Thinking they get a gold one.
Speaker 6: I need an implant. I'm going to get a gold implant.
Speaker 4: From Oh no, absolutely, you are going to be canceled.
Speaker 4: We are moving on through this conversation. We actually have
Speaker 4: a money dilemma that we need your help. We've been
Speaker 4: Let's listen to it. Hi. There, have you got a
Speaker 4: money dilemma you just can't solve? The Sheese on the
Speaker 4: Money team is here to help. Every week, we tackle
Speaker 4: your dilemmas, both big and small, to answer your most
Speaker 4: burning money, career and life questions. To get involved, simply
Speaker 4: head to our website and leave us a short voice
Speaker 4: recording and you might just find yourself on the show. Now,
Speaker 4: let's take a listen to this week's money dilemma.
Speaker 2: Hi, guys, love the pod.
Speaker 8: I just wanted to ask about joint finances. I am
Speaker 8: twenty one and I have fifty thousand dollars safe, so
Speaker 8: I think I'm doing pretty well.
Speaker 4: My partner and I.
Speaker 8: Have been together for two years now and we've decided
Speaker 8: to join our bank accounts. But he has a personal
Speaker 8: debt of about ten thousand dollars for his car. I'm
Speaker 8: wondering how to I guess, help him pay yourself a
Speaker 8: little faster. Obviously I'm in the position where I can
Speaker 8: just pay it off, but I don't want to do
Speaker 8: that for him. But I also want to help him
Speaker 8: with creating good money habits. He's struggling to listen to
Speaker 8: the podcast and read books, so I'm just wanting some help.
Speaker 4: Thank you, Glenn Jameson. I'm going to throw this over
Speaker 4: to you because I have some thoughts, but I want
Speaker 4: yours first.
Speaker 6: Well, I'm just going to say, twenty one years old,
Speaker 6: fifty K savings, big dog energy. I think you're doing
Speaker 6: better than pretty well, yeah, absolutely slaughtering it. Look, I'm
Speaker 6: probably not in a rush to go and give my
Speaker 6: money to my partner's loan. You know, I'm probably not
Speaker 6: even in a rush to have that money in a
Speaker 6: joint bank ground, like that's your savings that needs to
Speaker 6: be kepting your name. I think there's an argument here.
Speaker 6: You know, you are joining your money. You need to
Speaker 6: just have some type of money system that works for
Speaker 6: the household, like either a rand account or whatnot.
Speaker 4: I think you can have a joint account, but I
Speaker 4: would really shy away from joining your money together. Like, yeah,
Speaker 4: I'm just you're giving me anxiety. You're such a different
Speaker 4: person at twenty one than you are at twenty nine
Speaker 4: or thirty.
Speaker 6: That's what I was thinking. Like, I'm looking back at
Speaker 6: twenty one, and even when I was twenty six, I
Speaker 6: was like a different person, And like even now I'm
Speaker 6: over thirty five and I'm a different.
Speaker 4: Person forty than you are twenty one.
Speaker 6: Yeah, well I'm in my mid to late thirties. But look,
Speaker 6: I just think the more on the partner's willingness to
Speaker 6: do better with money.
Speaker 2: That's what struck me as well.
Speaker 6: This is the age old thing. You cannot take a
Speaker 6: horse to water and throw water out water whatever it is.
Speaker 4: That's why we've got you here to let us know
Speaker 4: what we actually meant.
Speaker 6: And you can't push a rope either.
Speaker 4: So what's that mean?
Speaker 6: Cot push a rope? You pull a rope?
Speaker 4: Oh okay, all right, sorry.
Speaker 6: So what I'm probably saying is, you know, if you
Speaker 6: guys want to do the whole together for everything, it
Speaker 6: probably needs to come down to get some bedrock on
Speaker 6: money values. And I don't think it's being on the
Speaker 6: same page quote unquote, but knowing what page each other
Speaker 6: is on, and once we know the pages that each
Speaker 6: other is on, how are we going to deal with it?
Speaker 6: And I'm the last person on the planet to give
Speaker 6: any type of relationship advice, but I would just say
Speaker 6: clarity is kind, communication is key, and it's your money.
Speaker 6: Make sure you look after yourself always.
Speaker 4: I couldn't agree more. And you know, I don't want
Speaker 4: to use the term red flags because I'm sure your
Speaker 4: relationship is absolutely beautiful. They're not relationship red flags. But
Speaker 4: I'd say their finance red flags about whether or not
Speaker 4: you should combine your money, because if you're saying your
Speaker 4: partner is still in debt, that's not a bad place
Speaker 4: to be. There are a lot of people in our
Speaker 4: community in debt that if they came to us like, oh, Glenn, Victoria, Jess,
Speaker 4: should we be putting our money together? It's actually really
Speaker 4: about mindset. What you're telling me is his head is
Speaker 4: still in the sand about creating a financially secure future,
Speaker 4: you know. I mean, he doesn't have to listen to
Speaker 4: our podcast. But the lack of interest in a financial
Speaker 4: education to me is a bit like, oh, well, why
Speaker 4: are we putting our money together if we're not on
Speaker 4: the same page and talking about these things. And to
Speaker 4: be honest, I think you learn a lot. As somebody
Speaker 4: who was in more than forty thousand dollars of personal
Speaker 4: consumer debt by the age of twenty three, you learn
Speaker 4: a lot having to pay that off, and I think
Speaker 4: it ingrains in you some really solid money values. And
Speaker 4: if your partner's in a position and this is clearly
Speaker 4: completely unsolicited advice, but if your partner's in a position
Speaker 4: where they're burying their head in the sand and have debt,
Speaker 4: to have someone swoop in and pay that off for
Speaker 4: them might lead to getting back into debt and set
Speaker 4: you up for a not as clear a financial future together.
Speaker 4: So I would Yeah, I'm a bit red flaggy about that.
Speaker 4: I'm sure they are a beautiful human nothing to do
Speaker 4: with that.
Speaker 6: Yeah, I'm probably coming at this with a little bit
Speaker 6: of grace that, you know, if the partner is also
Speaker 6: early twenties, like they may have just joined the normal
Speaker 6: Australian conveyor belt, their parents are like, yeah, get alone
Speaker 6: for this, get alone for that. I remember people saying
Speaker 6: you got to pay something off. Money's got to go somewhere.
Speaker 6: Most will be paying something off, like, no, this is
Speaker 6: just the culture that they may have grown up in.
Speaker 6: So I'm going there with some grace and just more
Speaker 6: observing the willingness to be open to managing money better
Speaker 6: and looking for signs of life.
Speaker 4: Yeah. Absolutely, but also kudos to being twenty one and
Speaker 4: having fifty grand saved you baller.
Speaker 6: I'm obsessed, I'm jealous.
Speaker 4: I'm do you know what, Let's not be jealous.
Speaker 6: We are I'm proud.
Speaker 4: We're proud, we are proud parents. But in saying that,
Speaker 4: we're proud to have to go because that was a
Speaker 4: long episode. Thank you for sticking with us, Glenn James,
Speaker 4: thank you for joining us.
Speaker 2: You can come.
Speaker 4: Having you whenever you want makes our job much easier.
Speaker 6: I love the Friday Drinks because it's like, every time
Speaker 6: I meet people and they listen to She's on the Money,
Speaker 6: they're like, I just love the Friday drinks.
Speaker 4: They really are.
Speaker 2: She's loose.
Speaker 4: She's loose, she's opinionated. We have fun guests on. Sometimes
Speaker 4: we're all picky though, aren't we just Yeah?
Speaker 5: Speaking of which, if you want to find Glenn, we'll
Speaker 5: obviously link to all of his stuff in the show
Speaker 5: notes My Millennial Money and the entire Empire that is
Speaker 5: my millennial and other. There's mamonial career, there's my millennial health.
Speaker 5: There's like a million differents.
Speaker 4: My millennial doctor, there's my millennial everything. Like honestly, Glenn,
Speaker 4: you're impressive and we love you, but now we have
Speaker 4: to leave you, so come back on the show soon.
Speaker 4: Have a good weekend, my lasts friends.
Speaker 6: Merry Christmas, all, Merry Christmas.
Speaker 4: We love you.
Speaker 2: Bye.
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