Speaker 1: Hello.
Speaker 2: My name is Satasha Nabananga Bamblet. I'm a proud or
Speaker 2: the Order Kerni Whaltbury and a waddery woman. And before
Speaker 2: we get started on She's on the Money podcast, I
Speaker 2: would like to acknowledge the traditional custodians of the land
Speaker 2: of which this podcast is recorded on a wondery country,
Speaker 2: acknowledging the elders, the ancestors and the next generation coming through.
Speaker 2: As this podcast is about connecting, empowering, knowledge sharing and
Speaker 2: the storytelling of you to make a difference for today
Speaker 2: and lasting impact for tomorrow.
Speaker 1: Let's get into it. She's on the Money, She's on
Speaker 1: the Money. Hello, and welcome to She's on the Money
Speaker 1: the podcast. The Mets finance fun especially on Fridays. It
Speaker 1: is our favorite day of the week because we get
Speaker 1: to get our little team together and celebrate you our
Speaker 1: incredible She's on the Money community. As always, we have
Speaker 1: Miss jessic Ricci here sharing our favorite money wins from
Speaker 1: the week. Miss beck Sayed is sitting very pretty today,
Speaker 1: you are very ready to go, and she's got three
Speaker 1: surprise broke tips for us. We are also going to
Speaker 1: be helping to answer our money dilemma, which This week
Speaker 1: is all about being money shamed by your parents and
Speaker 1: something that you s lead into our DMS about whether
Speaker 1: you should trust an experts advice you don't agree with
Speaker 1: when it comes to selling your house. Who's that real
Speaker 1: estate agent really work for? Interesting? Anyway, before we get there, guys,
Speaker 1: how have your weeks been? My wee's been good. Nothing
Speaker 1: exciting to report except I've got a parking ticket. That's no,
Speaker 1: you did?
Speaker 2: It?
Speaker 1: Was that last week while recording the podcast? Yes, it was.
Speaker 1: Oh my god, Why why are they so on it?
Speaker 3: Well, that's the thing is I missed it because obviously
Speaker 3: we're we're recording.
Speaker 1: It's like, well we record till we record.
Speaker 3: So it wasn't even like a big window, and they
Speaker 3: somehow fucking and got me.
Speaker 1: I would be saying absolutely not. I was not there. Goodbye. Yeah, sorry,
Speaker 1: I mean it's worth a fight for ninety million dollars
Speaker 1: as well. Just say something happened. Yeah, give it a crack. Sorry,
Speaker 1: I was spending too long at seven eleven picking out
Speaker 1: my favorite sushi. Yeah, yeah, I'm sorry. How annoying and annoying?
Speaker 1: Well did you get any parking tickets? I didn't, No,
Speaker 1: I didn't.
Speaker 3: This way I love it.
Speaker 1: I usually do. Reflect What do you mean you usually do?
Speaker 4: I'm sure, like I like, I go on not long ago,
Speaker 4: but it's I did try and find it.
Speaker 1: I haven't heard back yet, so fingers quicks. But how
Speaker 1: many outstanding parking tickets do you have at the moment, honestly,
Speaker 1: And I know it is quite stresful about it. I don't.
Speaker 4: I have no idea. I don't even know what start.
Speaker 1: I know I have one, and I've left it too late. Yeah,
Speaker 1: So I went on the website to pay it and
Speaker 1: then it said I couldn't pay it, which means I've
Speaker 1: left it too late. Now I'm just waiting for them
Speaker 1: to reissue it because I know that it's going to have, like,
Speaker 1: well money, this is the thing, Like, I'm not that
Speaker 1: good at money, guys.
Speaker 4: If you wait for it to go to Vicarod's, obviously
Speaker 4: there is a fee, but then you can pay it
Speaker 4: by installments, so that is always a good option. And
Speaker 4: you can pay it as long as you pay within
Speaker 4: ten years apparently, so you can tell me one dollar
Speaker 4: a month for the rest of your life if you
Speaker 4: wanted to anyway.
Speaker 1: That is terrible advice, terrible advice. But you know what
Speaker 1: you got to do, what you've got to do, exactly,
Speaker 1: But no, my week has been really lovely. Nothing partnering
Speaker 1: tickets that she's aware of, Yeah, not that I'm aware
Speaker 1: of it.
Speaker 4: I'm be getting one right now as we speak. But
Speaker 4: I know I said I would make up some juicy goss,
Speaker 4: but I feel bad lying. So it was a smooth, easy,
Speaker 4: fun Gordgeok, I loved it that I like it, Yes,
Speaker 4: exactly right.
Speaker 1: And you I'm still dreaming about Jessica's cookies. Oh my god,
Speaker 1: say yes, that never goes away. It's just been a
Speaker 1: constant in my life. But that's okay. I don't have
Speaker 1: anything that interesting. Honestly. I feel like Mother's Day has
Speaker 1: come and gone and that was really cute.
Speaker 2: You know.
Speaker 1: Obviously Harvey went all out. Of course, he definitely planned
Speaker 1: all of those things, and my husband had absolutely nothing
Speaker 1: to do with it. It's weird how like sentimental I
Speaker 1: get now around Mother's Day. I'm like, oh, I is
Speaker 1: this how my mom felt about it? Sorry about the
Speaker 1: crap cards over the year's mum, So that was nice,
Speaker 1: but nothing to report really. Would you like to have
Speaker 1: a little five star review? Yes? Please? So are you ready? Okay,
Speaker 1: I have one, and I think it's really cute. It's
Speaker 1: from Rebecca Are five Stars. It's now part of our
Speaker 1: weekly routine. I found that she's on the Money podcast
Speaker 1: after having my little boy, Are you Ago? The girls
Speaker 1: are now part of our weekly routine, and my son
Speaker 1: bops along when he hears the intro music. Thank you
Speaker 1: for taking me from feeling anxious and uneducated about the
Speaker 1: complexities of money to confident and informed. The warm personalities
Speaker 1: of all of the girls and their funny banter makes
Speaker 1: for great listening on all of our pram walks and
Speaker 1: car trips. Oh that's lovely.
Speaker 4: Thank you, and welcome to the world, little friend. I
Speaker 4: love that you're about the same age as Halfy.
Speaker 1: I'm wondering, do you reckon? You know how they say
Speaker 1: you should really talk to your baby all the time,
Speaker 1: like it helps their language develop. Apparently not mine, but
Speaker 1: it helps their language develop. Do you think I could
Speaker 1: just play my own podcast? Maybe I think so, But
Speaker 1: also like maybe they need to see the mouth movements.
Speaker 1: I don't know. Oh yeah, and also then you just
Speaker 1: the tally on. I am not gonna lie. It has
Speaker 1: been a fair few years since I've been willing to
Speaker 1: listen to one of our own podcasts. My own voice
Speaker 1: still surprisingly gives me the literal pic and I can't
Speaker 1: think of anything worse than having to listen to my
Speaker 1: own podcast in the car, like I would prefer to
Speaker 1: sing hop Little Bernie's Hop Hop Hop like that many times,
Speaker 1: or even just like the Happy Song by Image and
Speaker 1: Heap like on repeat. It just exists in my brain
Speaker 1: on repeat, like I can sing you that whole song
Speaker 1: end to end and I can repeat it if you
Speaker 1: want me to.
Speaker 4: Yes, please, They're claud that little Rebecca jams out. Yeah,
Speaker 4: thank you, Little Mini Rebecca Minnie Rebecca Mini Rebecca.
Speaker 1: All right, guys, I want to know, Miss Jessicci, what
Speaker 1: are our favorite money wins of the week? Rady.
Speaker 3: This week, my first money went from Mim, who said
Speaker 3: she found an email from Mecca in her junk. She
Speaker 3: had a fifty dollars vouchert from beu Loop for her birthday.
Speaker 1: Oh what reminder they do.
Speaker 3: I'm so sad they brought it in just after my
Speaker 3: birthday last year, but they do give vouchers now.
Speaker 1: Can you use me such a good birthday gift? My
Speaker 1: birthday is coming up next month for Mecca. If you're listening,
Speaker 1: I would love a little voucher. You should get one
Speaker 1: in your email.
Speaker 3: Me said that she redeemed it on an in store facial,
Speaker 3: so they're normally one hundred and twenty dollars, but she
Speaker 3: paid seventy out of pocket. But then the Mecca Beauty
Speaker 3: Services are redeemable on product, so she basically got a
Speaker 3: free facial and one hundred and twenty dollars worth of
Speaker 3: product for seventy dollars. Great great one from mim. Next,
Speaker 3: I've got a money win from Sue, who said she
Speaker 3: was debating buying herself a Ninja Creamy to make some
Speaker 3: protein based ice cream treats, and she realized she had
Speaker 3: enough A and Z points to buy an Amazon gift card,
Speaker 3: so she bought the Jaja Creemy on Amazon, and she
Speaker 3: also used shop back to get some cash back on
Speaker 3: her purchase. Plus, apparently, for some odd reason, the fancier
Speaker 3: model was selling for the same size as the regular one,
Speaker 3: so after all of that, she only paid nine dollars
Speaker 3: out of pocket for her Ninja creamy.
Speaker 1: Oh I love that. Very impressive. One way of chess
Speaker 1: is like, Sue, please tell me how to get a
Speaker 1: Ninja slushy genuinely.
Speaker 3: Next, I've got a money loss from Ali. She said
Speaker 3: money loss arrived in Japan, but I'm not mad about it,
Speaker 3: which I just thought was funny. I feel like everyone's
Speaker 3: in Japan and it is a loss because you just
Speaker 3: want to buy all the cute things there.
Speaker 1: I feel like when you went to Japan, that's all
Speaker 1: you did.
Speaker 3: I loved it, and all my money at seven eleven
Speaker 3: and on sunny angels.
Speaker 1: No you didn't. You also spent a lot on skincare.
Speaker 1: That's you. Yeah, you have arguably the nicest shampoo conditioner
Speaker 1: as well. That sounds delightful.
Speaker 3: And then lastly, this week, I've got a double whammy
Speaker 3: from wonder if she says money win and loss is
Speaker 3: me realizing I have.
Speaker 1: Dice? Scally, I need to google how to pronounce that?
Speaker 1: Would you like me to have a look? Hey, god, wait,
Speaker 1: let me just plug it in. No, this is funny,
Speaker 1: Please Sam, don't edit this. It wrong? Where's the pronunciation?
Speaker 1: What doesn't just want to say wrong? She won't even
Speaker 1: show us the word. We can't even attempt it. All right,
Speaker 1: you just got to believe it. She's just going to
Speaker 1: say something now, No, we're keeping this word. Give it
Speaker 1: your best. Go let me see hang on. Oh yeah,
Speaker 1: I can't even read that far? Do I need glasses?
Speaker 4: Hellaculiace placulia, Actually quite close.
Speaker 1: It's dust calculia.
Speaker 3: It's called healthy internet, which is a neurological learning disorder.
Speaker 3: So one has been Did you not with the word
Speaker 3: that I just pronounced?
Speaker 1: Sorry? Is that dyscalcula? Not according to the Internet? Oh okay,
Speaker 1: is that the one way you're about it? Numbers? Discalculia, discalculia? Okay, yeah,
Speaker 1: maybe it is the same thing. It's the one where
Speaker 1: you can't it is numbers of mass. Yeah, it's like
Speaker 1: being dyslexic, but it's for numbers. I see, I see,
Speaker 1: I see. Well I didn't know what was called that.
Speaker 1: There you go? Do I mean?
Speaker 2: This?
Speaker 3: Calculating is much easier to say either way. One has
Speaker 3: been diagnosed with this, and she said it's explained to
Speaker 3: her why she's been recently struggling with her finances. She
Speaker 3: said it inspired her to find a simple way to
Speaker 3: track her spending and get back in control so she
Speaker 3: can tap away all of her goals, take her emergency account,
Speaker 3: payetro on the walkage et cetera. She's just using an
Speaker 3: Excel template, but then she copies and pastes, sees exports
Speaker 3: from her bank and stif Just.
Speaker 1: So, I thought really cool to go.
Speaker 3: Oh, like sometime and people having a hard time, it's
Speaker 3: not just because you're bad at something.
Speaker 1: It's because actually something going on.
Speaker 3: There's a little bit of your diversity and you just
Speaker 3: need to learn what workaround works for you.
Speaker 1: Yes, percent, but that's a good one to end on,
Speaker 1: Miss just Goci, Miss Becksies, have you got some broke
Speaker 1: broke tips for us?
Speaker 4: I certainly do.
Speaker 1: You're talking to one of our producers earlier about unethical
Speaker 1: life tips. Is that going to go into the broke
Speaker 1: tips of this week? Not yet? Not yet.
Speaker 4: I think it's a slow steady I like it picaso.
Speaker 1: But also let's make sure they're legal. So absolutely, what
Speaker 1: three legal broke tips are you bringing to the table
Speaker 1: this week? Well, also just really quickly with the unethical
Speaker 1: life just really quickly.
Speaker 4: They might be unethical, but they work sometimes you really
Speaker 4: are just trying to survive.
Speaker 1: So oh, no judgment. But like we're a we're a platform, Beck,
Speaker 1: we can't be posting unethical life hacks because that would
Speaker 1: be unethical of us us. I don't judge people for
Speaker 1: doing it. In fact, sometimes I'm like, I wish we
Speaker 1: could share that on the pod. That's kind of funny.
Speaker 4: Exactly well, survive, but don't see you.
Speaker 1: We aren't allowed to amplify you at this point, at
Speaker 1: this point in time. So the first one comes from Cordelia.
Speaker 1: This one seems like, oh, do you think a buffy.
Speaker 4: Yes, it could just be you know of say common knowledge,
Speaker 4: or maybe we've even mentioned this a couple of times.
Speaker 4: But I think it is helpful. If you pay with cash,
Speaker 4: it does stop the mindless tapping. But also at the
Speaker 4: same time, if you are paying in cash and you
Speaker 4: don't have access to anything online, that also stops you
Speaker 4: from buying online and finding something like you just you know,
Speaker 4: when you're scrolling through Instagram and you're like, oh my.
Speaker 1: God, you can't pay for that in cash.
Speaker 4: You can't do any impulse not Also because it is
Speaker 4: physical and we had this before, it does if sometimes
Speaker 4: it feels harder to physically part with the money. So
Speaker 4: I think that is a fantast stick tip. This next
Speaker 4: one is I care do fifty percent meals on Friday
Speaker 4: and three dollars for Brecky and unlimited refilled coffee.
Speaker 1: I'm sorry, what are you saying? Half primary balls?
Speaker 2: Me?
Speaker 1: Oh, the meat balls live rent free in my brain.
Speaker 1: I do you know you can buy them frozen as
Speaker 1: well have it home, can you?
Speaker 5: Yes?
Speaker 1: Yeah you can, yes, I know, yes, from the little
Speaker 1: cafe out the front. You can buy them frozen. You
Speaker 1: can get the gravy, you can get the red jelly stuff.
Speaker 1: It's Lingenberry, by the way. And they also do the
Speaker 1: mashed potatoes, but I would just do mashed potatoes at home. Yeah. Yeah,
Speaker 1: but you can get the males. In fact, I really
Speaker 1: want to go get them now because now we're talking
Speaker 1: about them and I'm low key really hungry. Are we allowed?
Speaker 1: It's quite close to our studio and is that so close?
Speaker 1: Is that like? Can we use that as our lunch room? Yeah?
Speaker 1: Meatballs for all.
Speaker 4: Obviously my one is next, so it is similar to
Speaker 4: the first one I mentioned. I have realized because I
Speaker 4: created a new bank account put my savings and also
Speaker 4: direct deposits in. I just like and I don't want
Speaker 4: to look at finance clean now now. But I noticed
Speaker 4: that because I'm like mentally really lazy. I don't know
Speaker 4: if this will work with for anyone else. But as
Speaker 4: soon as there's like two factor authentic authentication or authentication
Speaker 4: authentic authentication from I don't know, from authentic authentic yeah, okay,
Speaker 4: well well ignore it doesn't like two factor authentication. No,
Speaker 4: and especially in particular if you have you know, when
Speaker 4: you have to download Microsoft Authentic like a second, Yeah,
Speaker 4: you get a code if you put two factor authentication
Speaker 4: on things that you do not want to access, including
Speaker 4: like a savings account or let's say like a place
Speaker 4: like you know ASOS or depop or something where if
Speaker 4: you just whatever has the ability for you to put
Speaker 4: the two f A on, put it on, and you
Speaker 4: might find that you're spending or even like tapping into
Speaker 4: those savings really decreases, because if you're anything like me,
Speaker 4: as soon as it says retrieve a code, I'm like,
Speaker 4: I've already gotten distracted. I already I just cannot be bothered.
Speaker 4: I just think it's a great way to like give
Speaker 4: yourself that extra time to not access those things.
Speaker 1: So just really good. It's probably more of a nearest
Speaker 1: spicy thing because there are going to be people listening
Speaker 1: to this going, what is your problem with doing two
Speaker 1: factor authentication? Yeah, maybe, like it's furine safety. It's to
Speaker 1: this nah more admin less interest if you're nearing now,
Speaker 1: I've got ADHD. Sorry, not interested anymore? You mean I
Speaker 1: have to go find my phone? Absolutely not exactly. That
Speaker 1: idea is out of the window. Absolutely an option, not
Speaker 1: an option. Thanks for trying, though, that's it. Nope, I
Speaker 1: get it. I get it. It's like your broke tip
Speaker 1: the other day was like, don't have the credit card
Speaker 1: information auto fil? Yes? Yeah, like me, I'm not getting
Speaker 1: up and going and getting my credit cards so I
Speaker 1: can make that purchase. In fact, I don't even want
Speaker 1: that purchase anymore. Learned mine, I've got memorized. Yeah, absolutely,
Speaker 1: not the same. Unfortunately it's memorized. But if you try
Speaker 1: and forget, then that's where you wait for your credit
Speaker 1: card like validity to end and then they give you
Speaker 1: a new credit card and then you're golden for a while. There.
Speaker 1: That's true. So that's me this week. I love that.
Speaker 1: All right, let's go to a really quick break because
Speaker 1: on the flip side, I want to jump into having
Speaker 1: a chat about what to do when your parents money
Speaker 1: shame you, which is, by the way, really rude. So
Speaker 1: spoiler there I've got opinions and then something that you
Speaker 1: slid into our DMS about. We're chatting about whether you
Speaker 1: should trust in experts advice that you don't actually agree
Speaker 1: with when it comes to selling your home. So guys,
Speaker 1: don't go anywhere. Welcome back, everybody. Let's take a listen
Speaker 1: to this week's money dilemma.
Speaker 2: Hi.
Speaker 1: There, have you got a money dilemma you just can't solve?
Speaker 1: The She's on the Money Tea is here to help.
Speaker 1: Every week, we tackle your dilemmas, both big and small,
Speaker 1: to answer your most burning money, career and life questions.
Speaker 1: To get involved, simply head to our website and leave
Speaker 1: us a short voice recording and you might just find
Speaker 1: yourself on the show. Now, let's take a listen to
Speaker 1: this week's money dilemma.
Speaker 6: Hello, Hello, Hello, So I'm currently in my mid thirties,
Speaker 6: well thirty six light save thirties. Anyway, I just got
Speaker 6: back from overseas and spent on money while traveling, and
Speaker 6: so I've come back for no money now upset. I
Speaker 6: feel shramed about that, and my parents keep shaming me,
Speaker 6: being like how many times are you going to do this?
Speaker 6: And I do feel like I've got this negative money
Speaker 6: my story that I've convinced myself that I'm not going
Speaker 6: to save you money, like I'll save money for like
Speaker 6: a year, and then last year I got my redundant
Speaker 6: so whenever seas it's spent my reduncing money. I did
Speaker 6: try to have some safety money there.
Speaker 5: But obviously just got carried away with life of traveling
Speaker 5: as I love it. And then yeah, once again come
Speaker 5: back to no money, and I think my parents say,
Speaker 5: you know, how many times are you going to do this?
Speaker 5: Or you're in your thirties and you're doing this, like
Speaker 5: you know how many times are you going to get
Speaker 5: yourself into a position where you're not saving your spinning money?
Speaker 6: And so.
Speaker 5: Yeah, I felt shamed. I felt really embarrassed. I feel
Speaker 5: really like I guess useless for that or like I'm failing.
Speaker 5: And so I just want to help get that money
Speaker 5: mine reset and not associate myself with that so I
Speaker 5: can just see on track and hopefully have a bit
Speaker 5: of money story and give it better.
Speaker 1: That breaks my heart, like literally that makes me feel
Speaker 1: so awful for you and like thank you for being
Speaker 1: so open with us, because to say, oh, I'm really embarrassed,
Speaker 1: I really feel bad about this. That takes a lot
Speaker 1: to even just like reach out and be like, I
Speaker 1: kind of need a little bit of help here. One
Speaker 1: thing I will say is I can always guarantee if
Speaker 1: your parents heard that audio of you going, oh, I'm
Speaker 1: feeling really barrassed, I'm feeling really shamed, they would feel
Speaker 1: really ashamed. Because I don't think and I'm this is
Speaker 1: maybe benefit of the doubt. I don't think your parents
Speaker 1: realize how they've made you feel like and if they have,
Speaker 1: like they owe you an apology. But can we just
Speaker 1: zoom out a little bit? So you're telling me that
Speaker 1: you got made redundant and then you went overseas and
Speaker 1: probably have created all of these beautiful core memories and
Speaker 1: had the best time. I'm sure you have all of
Speaker 1: these great friends and experiences and things that you've done.
Speaker 1: How many more times am I going to do it? Mom?
Speaker 1: And Dad? End list? If it ends up that way,
Speaker 1: Like I had a really good time. Like don't get
Speaker 1: me wrong, Like I can see that you want to
Speaker 1: change your money story, and like there is a way
Speaker 1: that we could do both right, Like there is a
Speaker 1: way that we have savings and we have you know,
Speaker 1: an emergency fund, to fall back on, and we have
Speaker 1: all of those things, but they come from education. And like,
Speaker 1: I'm sorry, are your parents shaming you after not sitting
Speaker 1: you down and teaching you how to do these things? Sorry,
Speaker 1: you're telling me that I should be when you're going
Speaker 1: to get your stuff together? I don't don't, Karen, When
Speaker 1: are you gonna teach me? When are you gonna sit
Speaker 1: me down and be like hey, like, I'd love to
Speaker 1: show you X Y and Z No, no, Beck, how
Speaker 1: do you feel about this?
Speaker 4: I just like I'm hearing this and I'm like, man,
Speaker 4: it is wild that we're here and we do talk
Speaker 4: about this, But I'm like, why is there just this
Speaker 4: like template.
Speaker 1: Of how we should and shouldn't be living? Some people
Speaker 1: just don't work like that.
Speaker 4: Like I don't have the natural organic motivation to say
Speaker 4: for something I do not care about. Every single waking
Speaker 4: second is dedicated to being excited and living life and
Speaker 4: having fun and that should be just as valuable as
Speaker 4: saving money, because it is very impressive. Like JESSRICKI, you
Speaker 4: are such a good savor, You're so good with money.
Speaker 4: That is extremely impressive. And there is myself and some
Speaker 4: of my friends who are live in life been doing
Speaker 4: crazy things and just like going out and getting like
Speaker 4: making all these beautiful memories and that is cool and
Speaker 4: that is fun. And I'm just like, I don't know
Speaker 4: where this comes from. I understand that you do need
Speaker 4: for like safety reasons and emergency fund, but when you're ready,
Speaker 4: you'll figure that out and you'll also find a way
Speaker 4: that works for you. Because personally, for me, I've been
Speaker 4: on this podcast like three years now, and I still.
Speaker 1: Do not have been three years. I feel like two
Speaker 1: and a half. No, no, no, no, no, Like I'm not questioning it,
Speaker 1: just I feel like I'm here. But then also time
Speaker 1: flies when you're having fun.
Speaker 4: Exactly right, And I still do not have an emergency fund.
Speaker 4: But I realized once I started like investing that that
Speaker 4: is for some reason, there's a part of my brain
Speaker 4: that cannot touch that money. And so there's like almost
Speaker 4: six hundred dollars now in investments.
Speaker 1: Oh really, it's not I'm so excited about this. I'm
Speaker 1: just so proud of like the beck you've become.
Speaker 4: Thank you, But you know that's that's what I mean, like,
Speaker 4: is that like that works for me, and that's money
Speaker 4: that I just feel like I can't touch. For some reason,
Speaker 4: but that was in my savings account. It would not
Speaker 4: exist on the journey. He has been fun. I've connected,
Speaker 4: I've bonded, I've made friends, I've done wild things, and
Speaker 4: I just it is embarrassing.
Speaker 1: No, it's not. No, it's not no, but it feels
Speaker 1: embarrassing when you're on the one hundred percent, it feels it,
Speaker 1: but it is not embarrassed. You're allowed to feel embarrassment,
Speaker 1: but that does not mean that it is an embarrassing things.
Speaker 4: It feels embarrassing, but it also feels deeply unfair that
Speaker 4: there's this this this like base level template for how
Speaker 4: we think and feel and how we're meant to live
Speaker 4: that doesn't fit everyone. It actually, I don't think it's
Speaker 4: a lot of people, and we just we just blindly
Speaker 4: accept it and we live like that and it makes
Speaker 4: some of us deeply miserable. But sorry, that's just how
Speaker 4: you meant to live and.
Speaker 1: Now it's not. And I agree with you that that exists,
Speaker 1: but it frustrates the hell out of many that you
Speaker 1: can't just be happy, like people are trying to tell
Speaker 1: you how to live in line with their values, and like,
Speaker 1: don't get me wrong, I'm so opinionated, but like I
Speaker 1: would like to think that it's on the things that
Speaker 1: aren't about you making the decision that is aligned with
Speaker 1: your genuine thoughts and values and beliefs lack. And it's
Speaker 1: like when we were talking about politics, so like the
Speaker 1: election has come and gone, and throughout that process I
Speaker 1: literally kept saying because people would message me like, oh,
Speaker 1: who are you voting for? What are you doing? And
Speaker 1: I'm like, I'm not even sharing that because I just
Speaker 1: don't want you to think that I would judge you
Speaker 1: for voting any differently, Like if you vote the same, great,
Speaker 1: I'm sure that people could probably like clearly and very
Speaker 1: easily speculate who I voted for. I don't think that
Speaker 1: if you consumed all of my content you wouldn't be
Speaker 1: able to guess that. But I also go, but I
Speaker 1: don't care who you vote for. What I actually care
Speaker 1: about is that you voted in line with your values,
Speaker 1: Like have you spent the time and the energy to
Speaker 1: work out like what you like, beck, and like what
Speaker 1: things align with that? Like that's all I care about,
Speaker 1: you living the best life for you. And it's like
Speaker 1: when I say, oh, Beck, I'm so proud of the
Speaker 1: Beck you've become. It's because past Beck would have been like,
Speaker 1: oh my god, Like Beck's still having fun, but she
Speaker 1: also feels a little bit more financially secure. And how
Speaker 1: sick is that? Like, it's not because you've adhered to
Speaker 1: somebody else's values or copied my investment strategy or whatever.
Speaker 1: It's because you're living in line with the values that
Speaker 1: you hold. And that's so friggin' cool, thank you, But
Speaker 1: like that's what we want for our communities. I don't
Speaker 1: when you feel judged by parents who are living a
Speaker 1: lifestyle that you probably don't even want exactly do what
Speaker 1: makes you happy? Karen, I don't actually want to live
Speaker 1: like you. Yeah, I completely agree.
Speaker 3: I think that Beck, You're so right that there is
Speaker 3: so much value in non traditional pathways, like there is.
Speaker 3: Seeking joy from your life is not a bad thing.
Speaker 3: And if that means that you're going against the status quo,
Speaker 3: like I think it takes a lot.
Speaker 1: Of strength actually to do that.
Speaker 3: Will say that I suspect that your parents' conversation is
Speaker 3: coming from a place of concern for your future stability,
Speaker 3: and I understand that, Like I was someone we've seven
Speaker 3: the podcast before, like I would travel and come.
Speaker 1: Back with like literally no money at all.
Speaker 3: But like now, when I reflect on that, I go, oh,
Speaker 3: on some level, I wish that I did it differently.
Speaker 1: I don't regret traveling at all.
Speaker 3: But I do wish that I had more financial literacy,
Speaker 3: which at the time I didn't like me.
Speaker 1: You don't know what you don't know, right, correct.
Speaker 3: I don't think it's cool the way that this has
Speaker 3: come about, and I'm so sorry that they've made you
Speaker 3: feel this way, because you absolutely shouldn't. But I do
Speaker 3: think it's cool, as someone who had that experience myself,
Speaker 3: that you have come to a place where, like, I
Speaker 3: want to know more so I can create something better.
Speaker 3: And I think that that's really awesome that that's how
Speaker 3: you're feeling. And I just want to say that you
Speaker 3: can have both, Like you can still do the things
Speaker 3: that you value. I have still traveled, even when, as
Speaker 3: you said, I'm quite a good saver. I still travel.
Speaker 3: I still do things that bring me happiness whilst still
Speaker 3: working towards my financial goals. You don't have to entirely
Speaker 3: sacrifice one for the other. But I would say that
Speaker 3: my worry for you, which is my worry for you
Speaker 3: to beck, is I always just want people to have
Speaker 3: an emergency fund. I never want someone to be in
Speaker 3: a position where, you know, if you were overseas and
Speaker 3: you got injured, or if you were at home and
Speaker 3: you suddenly found yourself without someone to live. Like, my
Speaker 3: worry for anyone, but for women especially is that they
Speaker 3: find themselves in a situation they can't get out of
Speaker 3: because of money. And so I think it's exciting that
Speaker 3: you're entering a phase where you kind of want to
Speaker 3: start working on those things, because having a level of
Speaker 3: financial security is also very freeing.
Speaker 1: I think you'll find I love it. I think it's
Speaker 1: about just living in line with your values, and like,
Speaker 1: if I reflect on your journeys and even my journeys,
Speaker 1: I know that financial literacy would have meant that I
Speaker 1: could have just been less anxious and less worried about
Speaker 1: things like beck, I'm sure that if we go back
Speaker 1: to all the times that you've had, you'd be like, no,
Speaker 1: I don't regret any of them. But if I go, okay, cool,
Speaker 1: but if we thought about money and the relationship you
Speaker 1: had at that time, you might go, oh, yeah, it
Speaker 1: was a bit angsty, but I was still having a
Speaker 1: good time that doesn't invalidate the fact that you were
Speaker 1: having a good time. It's just like, imagine if you
Speaker 1: had an emergency fund to go through that journey with
Speaker 1: as well, it might have made it even better. And
Speaker 1: the same with you, Jess, Like coming home from overseas
Speaker 1: and we've talked about it, you came home with like
Speaker 1: not enough money to buy a Mars bar at the airport,
Speaker 1: and like, that's fine, but I can almost guarantee that
Speaker 1: that version of Jess would have been so much more
Speaker 1: comfortable flying back into the country with enough money to
Speaker 1: buy a Mars Bar. And it's like, not even the
Speaker 1: fact that it's a Mars bar, it's just like knowing
Speaker 1: that you've got the financial backing to make the decisions
Speaker 1: that you want to make. Absolutely. So I guess that's
Speaker 1: a good place to wrap that one, because I want
Speaker 1: to dive into the next one because we got a
Speaker 1: DM this week. Are you ready ready? Hey, she's on
Speaker 1: the money. We're selling our townhouse and need a second opinion.
Speaker 1: It's thirteen years old, so bigger than the newer builds,
Speaker 1: but it's dated compared to what else is on the market.
Speaker 1: Our real estate. A reckons we need a good coat
Speaker 1: of paint and new carpet to get the top end
Speaker 1: of what similar properties are getting. My partner is happy,
Speaker 1: but I'm not convinced. I can't see how we're going
Speaker 1: to compete with the modern places without doing something. The
Speaker 1: range of what similar properties are selling above for is
Speaker 1: between one hundred and fifty to two hundred thousand dollars,
Speaker 1: So to me, it's a worth the investment, not a
Speaker 1: full reno, just few cosmetic updates to make it feel
Speaker 1: less tired. He says. Buyers will do their own renouts anyway,
Speaker 1: so we'd be wasting our money. I don't want to
Speaker 1: over capitalize, but I also don't want to leave money
Speaker 1: on the table. Would you go with the agent or
Speaker 1: trust your gut to modernize it before listing it. Let's
Speaker 1: ask Jess to begin with, because Jess, you are in
Speaker 1: the process of like looking at different properties, and I mean,
Speaker 1: if a property is one hundred and fifty to two
Speaker 1: hundred and fifty thousand dollars over because it's quote more modern,
Speaker 1: I'm assuming that you're purchasing properties over a miss million dollars.
Speaker 1: Is that a fair assumption? Yeah, I would say, yeah. So, Like,
Speaker 1: let's pretend it's not one hundred and fifty to two
Speaker 1: hundred thousand dollars like in your price range. Let's just
Speaker 1: like pretend it's a bit more. Are you preferring like
Speaker 1: modern properties over like more dated ones with bigger rooms?
Speaker 2: Like?
Speaker 3: What does that look like for you? I, personally my
Speaker 3: preference is for a modern finish, but I'm also very
Speaker 3: open to renovating myself. When looking at established properties, I
Speaker 3: think like the biggest thing that your buyers are going
Speaker 3: to be looking at is the floor plan, the configuration,
Speaker 3: which is something that you can't change anyway. Like for
Speaker 3: me personally, I know that you can make cosmetic changes
Speaker 3: yourself down the line, But the things that I care
Speaker 3: most about if I was to buy an established property
Speaker 3: is the structural things, like things that I can't change,
Speaker 3: would be very expensive to change. What's the heart of
Speaker 3: the ceilings, what's the configuration of the floor plan, like
Speaker 3: those sorts of things which are things that you wouldn't
Speaker 3: be changing regardless. I think that so when I worked
Speaker 3: in real estate, coda paint and new carpets is something
Speaker 3: that we would tell most people with any kind of
Speaker 3: damage to those things, you'd be amazed or what a.
Speaker 1: Difference walking into it feeling freshe hundred percent.
Speaker 3: I think that there's a lot that you can do
Speaker 3: relatively affordably. So you could probably look at updating, potentially
Speaker 3: painting any cabinetry that you have, depending on what it
Speaker 3: looks like, or re staining it. A lot of older
Speaker 3: properties have maybe a darker wood. You could look at
Speaker 3: sandia back or something like that. Changing your fixtures handles
Speaker 3: stuff like that to a more modern option as well,
Speaker 3: maybe from like a little round knob to something more elongated.
Speaker 3: There are lots of changes that you can make that
Speaker 3: would be very affordable. It wouldn't take you a lot
Speaker 3: of time, but might make a difference. The other thing
Speaker 3: we used to recommend a lot when I worked in
Speaker 3: real estate was staging. Staging makes a huge difference, and
Speaker 3: we saw this in My really good friends sold their
Speaker 3: property not too long ago, and their house was smaller
Speaker 3: than a lot of the other properties on the market,
Speaker 3: but it was by far the most popular in terms
Speaker 3: of people who came through, and it sold for like
Speaker 3: thirty five thousand dollars over what.
Speaker 1: Their expectation was.
Speaker 3: Oh, that's so good, And I think it's because they
Speaker 3: had styled their property really beautifully. Themselves like it was
Speaker 3: already they didn't hire a stager. It was just they
Speaker 3: already had like a nicely furnished, finished home, and a
Speaker 3: stager is what jess because people might be like, sorry,
Speaker 3: what's a stager? So you can have someone come in
Speaker 3: and they will stage your house so they can bring
Speaker 3: in furniture or just furnishings like stuff, furnishings, curtains, things
Speaker 3: like that to style your They make.
Speaker 1: The house look really beautiful.
Speaker 3: And I would say that it is absolutely worth the
Speaker 3: investment if you do not have the stuff to do
Speaker 3: it yourself. So if you have a house, if you
Speaker 3: take a personal interest in having your gal's house, it
Speaker 3: would be so easy to sell back. But if that's
Speaker 3: something that's already priority, you've got it style or it's
Speaker 3: got a particular theme, it's not as necessary. But if
Speaker 3: you're someone I think like Boypad, like I've just got
Speaker 3: a very basic ica coffee table, do you know what
Speaker 3: I mean? No no styling things, no blankets, no pillows,
Speaker 3: no nothing.
Speaker 1: It might be Ryan's house from Maps, Yes, yeah, so
Speaker 1: we would we would stage his house. I would probably
Speaker 1: look at staging it because you would be amazed at
Speaker 1: what a difference snakes. It can be a couple of
Speaker 1: grand but I reckon that's an investment in getting more money. True, true, Yeah.
Speaker 3: Because you would stage before you take your photos and
Speaker 3: stuff typically too, so your property listing online, all those
Speaker 3: sorts of things.
Speaker 1: You can just pretend that's what you usually live, like
Speaker 1: if you want.
Speaker 3: Yeah, they can use AI nowadays. I've seen that should
Speaker 3: be legal. Sorry, which I don't like. You know what,
Speaker 3: Sometimes they do it and it's really hard to tell.
Speaker 3: But then the thing is is when people come through teas,
Speaker 3: they're going to see it in person, it can be
Speaker 3: a bit jarring if it doesn't look the same.
Speaker 1: Yeah, I'd be like, where's that room with the beautiful chair?
Speaker 1: And then the chair doesn't exist?
Speaker 3: Yeah, exactly, So I would also look at you might
Speaker 3: not even need to renovate, but maybe staging, whether you
Speaker 3: do it yourself and you purchase things that you can
Speaker 3: then keep and take to you an extra or sell on,
Speaker 3: or whether you bring a professional in to do it,
Speaker 3: might be a good way again to make things look
Speaker 3: a little more updated without having to fully renovate.
Speaker 1: Yeah, Beck, what are you doing to your house that
Speaker 1: you want to sell? God, I'll tell you what.
Speaker 4: I don't think I'll ever be in this predicament, but
Speaker 4: I think I would do exactly what Jess says.
Speaker 1: I'm just gonna so your advice is just called Jess
Speaker 1: up what Jess would say.
Speaker 4: Exactly, because I'm thinking, like if I was gonna buy
Speaker 4: something honestly, like the this is not at all what
Speaker 4: our listener is asking, but if it means that something's
Speaker 4: a little bit cheaper, but it's a little bit more
Speaker 4: run down, but I can actually afford it, or someone
Speaker 4: who is has just saved enough and they can't afford
Speaker 4: too much and it's their first home and they're like, oh,
Speaker 4: this is a bit run down, but hey, I can
Speaker 4: afford it. I don't mind. I'm like, I would be
Speaker 4: happy just leave it as his. So I was just
Speaker 4: in case that that is the case. But yeah, I
Speaker 4: guess probably like exactly as just like even yeah, just
Speaker 4: like little things like maybe like the taps or yeah,
Speaker 4: like the door handles and things like that, Like little
Speaker 4: things make a big difference. One thing that always turns
Speaker 4: me off for some reason is like those wardrobes that
Speaker 4: have like the really flimsy wooden shelving that for some
Speaker 4: reason always like I'm like, I don't want that, and
Speaker 4: I don't know why, but so I don't know how
Speaker 4: cheap that is fixed. But if you just get those
Speaker 4: like I don't know, just kind of fix the little
Speaker 4: things up, things that are fairly cheap, fairly quick, fairly easy. Yeah,
Speaker 4: go for it with the new paint, new carpet, and
Speaker 4: see how you go and see if you like it.
Speaker 4: If you like it after like the staging and the
Speaker 4: new paint and all this, and you're like, this is
Speaker 4: now doable, and is it possible to just like put
Speaker 4: it up for a few months, see how you and
Speaker 4: if it doesn't do what you expected, then do rhetos.
Speaker 1: Then is that allowed? It depends on if you're going
Speaker 1: to auction.
Speaker 3: If you're going to auction, you have to set a
Speaker 3: reserve a price that you're willing to sell it for.
Speaker 3: If you're selling it privately, you can still have that
Speaker 3: conversation with your agent and say, oh, I'm not willing
Speaker 3: to sell it unless it's X, y Z fair.
Speaker 1: I'm going to be a little bit controversial and say
Speaker 1: in this instance, I feel before we get to the
Speaker 1: group chat that I actually trust the real estate agent
Speaker 1: that is going to be a little bit spicy. But
Speaker 1: the reason I trust the real estate agent is because
Speaker 1: you've said that the difference is between one hundred and
Speaker 1: fifty and two hundred one thousand dollars. And real estate
Speaker 1: agents get paid a commission based on how much a
Speaker 1: property sells for. So in Australia, the most common commission
Speaker 1: that will be payable so you sell your house, two
Speaker 1: percent of that purchase price is usually the commission that
Speaker 1: your real estate agent is going to make. And then
Speaker 1: of that commission, a real estate agent is usually going to,
Speaker 1: like the individual is probably going to take like forty percent,
Speaker 1: and then the agency, so like the agency that they
Speaker 1: work for, usually keeps sixty percent. They can slide up
Speaker 1: and down like different horses for different courses. The difference
Speaker 1: between a house selling for seven hundred and fifty thousand
Speaker 1: dollars or a million dollars, which is like two hundred
Speaker 1: and fifty grand, is going to mean a difference of
Speaker 1: like five grand. So like instead the agent for selling
Speaker 1: your house at seven hundred and fifty thousand dollars would
Speaker 1: get what six grand, But if they sell your property
Speaker 1: for a million dollars, they're going to get eight grand.
Speaker 1: That's like two thousand dollars difference, and that's a lot
Speaker 1: of money. Like, so if you're talking to your real
Speaker 1: estate agent and you're like, hey, like, should I restyle
Speaker 1: this property at my own cost? If I was the
Speaker 1: real estate agent and I genuinely thought I'd make more
Speaker 1: money by you doing that, I'd be like, yeah, Jess,
Speaker 1: please go spend all this money restyling this property or
Speaker 1: doing all of these cosmetic changes. It makes sense you'll
Speaker 1: get more money because like there's no comparison, right, Like,
Speaker 1: if you don't get more money, they'll be like, well,
Speaker 1: that's what the house was worth. I'm glad you invested
Speaker 1: it because you would have got less.
Speaker 5: Right.
Speaker 1: But if I didn't believe that, and I was like,
Speaker 1: oh Jess, please don't go and bother with that, I'm
Speaker 1: seeing properties literally sell for the same whether they've been
Speaker 1: cosmetically updated or not. Yeah, I'd probably be like, yeah,
Speaker 1: that seems pretty fair, like because you would know the area,
Speaker 1: and also your money's on the line as well. If
Speaker 1: I do these cosmetic updates and they're the reason we
Speaker 1: get more, you're going to make more money, but you're
Speaker 1: saying it's not worth it. So I kind of err
Speaker 1: on the side of feeling like the real estate agent
Speaker 1: makes sense and like that real estate state agent is
Speaker 1: working for you as the seller. Yeah, and I think
Speaker 1: a lot of the time we need to remember who
Speaker 1: that professional works for, because the real estate agent isn't
Speaker 1: working for the buyer. The real estate agent is trying
Speaker 1: to get the most amount of money out of the
Speaker 1: buyer for the seller because they make money that way.
Speaker 1: So that's where my I guess brain would see it
Speaker 1: on that. We also asked the community. We said, would
Speaker 1: you trust the agent's advice, and fifty five percent of
Speaker 1: you said, I'd get another agent's opinion fair because like same,
Speaker 1: thirty two percent of you said yes, they know the market,
Speaker 1: and thirteen percent of you said, nah, I'm going to
Speaker 1: trust my gut. We asked, do you think when it
Speaker 1: comes to property presentation sells is actually true? Forty six
Speaker 1: percent of you said yes, twenty eight percent of you
Speaker 1: said only to some buyers, in twenty five percent of
Speaker 1: you said it's going to really depend on the property.
Speaker 1: And then we asked, well, what's your two cents? My
Speaker 1: favorite comment that I'm going to read that first says, well,
Speaker 1: you're both right, yeah, okay, and I mean it depends
Speaker 1: how much those cosmetic upgrades are going to cost you, right, Yeah,
Speaker 1: Like if it's little things you can do here and there, absolutely,
Speaker 1: But like if it's going to take weekends and weekends
Speaker 1: of repainting the whole kitchen. In the hopes that that happens,
Speaker 1: I promise, Like when I have purchased property and I
Speaker 1: walk into the kitchen it's the wrong color, I'm like, cool,
Speaker 1: that's easy changed. Let me see the floor plan, let
Speaker 1: me see the how like their room heights, et cetera.
Speaker 1: Someone else said, I recently purchased a nine hundred thousand
Speaker 1: dollar property, spent two grand on renaults, and it just
Speaker 1: got revalued for a million dollars. There you go.
Speaker 3: And that's the thing is it can make a big
Speaker 3: difference without a b investment.
Speaker 1: Yeah. Someone else said, it can actually be really hard
Speaker 1: for people to visualize the home's potential. So I would
Speaker 1: do enough to make sure it looks good. Another person said,
Speaker 1: I'd rather have the blank slate to make a place
Speaker 1: my own. Just make it really clean and we're good
Speaker 1: to go, which I think is really good. I have
Speaker 1: a three part one So someone said, I specialize in this.
Speaker 1: If the gap in the market is big, and you
Speaker 1: can do the renaults under that, it could definitely be
Speaker 1: worth it, not only more money, but it makes for
Speaker 1: an easier sale. Eliminate as many buyer objections as possible,
Speaker 1: and you will attract the most buyers to have competition
Speaker 1: and sell the property quickly. Yeah, which I think your
Speaker 1: friend's experience.
Speaker 3: I'll see if they had multiple bidders that all wanted
Speaker 3: the property.
Speaker 1: And then I've got a couple more. One person said,
Speaker 1: I recently bought an apartment and I actually only considered
Speaker 1: the properties that were ready to move in and had
Speaker 1: no changes. And then someone said, I don't want to
Speaker 1: buy a house for one hundred thousand dollars more just
Speaker 1: because it had a cheap fifteen thousand dollar facelift. There's
Speaker 1: really two sides to the coins that. Well, it just
Speaker 1: goes on and on, doesn't it. So that's it from me.
Speaker 1: I hope you guys have a beautiful weekend and we'll
Speaker 1: catch you on the flip side. Bye guys, Bye, did
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