1 00:00:00,600 --> 00:00:04,840 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Yr 2 00:00:04,880 --> 00:00:08,600 Speaker 1: the Order Kerni Whaltbury and a waddery woman. And before 3 00:00:08,600 --> 00:00:11,080 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,119 --> 00:00:14,240 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,360 --> 00:00:17,599 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,079 --> 00:00:22,520 Speaker 1: acknowledging the elders, the ancestors and the next generation coming through. 7 00:00:23,000 --> 00:00:27,080 Speaker 1: As this podcast is about connecting, empowering, knowledge sharing and 8 00:00:27,160 --> 00:00:30,520 Speaker 1: the storytelling of you to make a difference for today 9 00:00:30,960 --> 00:00:33,040 Speaker 1: and lasting impact for tomorrow. 10 00:00:33,240 --> 00:00:34,120 Speaker 2: Let's get into it. 11 00:00:34,280 --> 00:00:53,519 Speaker 3: She's on the Money, She's on the Money. 12 00:00:57,160 --> 00:01:00,440 Speaker 4: Hello, and welcome to She's on the Money the podcast 13 00:01:00,520 --> 00:01:03,200 Speaker 4: let's you be pervy about other people's money habits for 14 00:01:03,400 --> 00:01:07,000 Speaker 4: educational purposes of course. Welcome back to another one of 15 00:01:07,000 --> 00:01:10,000 Speaker 4: our money daries where I get the absolute pleasure of 16 00:01:10,040 --> 00:01:11,880 Speaker 4: sitting down with one of our incredible She's on the 17 00:01:11,880 --> 00:01:14,319 Speaker 4: Money community members and chatting to them all about their 18 00:01:14,319 --> 00:01:17,080 Speaker 4: money story. So let's jump straight into it, because this 19 00:01:17,160 --> 00:01:20,000 Speaker 4: week I got an email and it sounded exactly like this, 20 00:01:20,280 --> 00:01:23,039 Speaker 4: Dear She's on the Money. Five years ago, my husband 21 00:01:23,120 --> 00:01:25,399 Speaker 4: and I and our three fur babies were searching for 22 00:01:25,480 --> 00:01:29,039 Speaker 4: our first home amidst the global pandemic and uncertainty of 23 00:01:29,080 --> 00:01:32,600 Speaker 4: the COVID pandemic. Fast forward to now and we are 24 00:01:32,680 --> 00:01:35,840 Speaker 4: coming up on our five year house adversary. But the 25 00:01:35,880 --> 00:01:39,720 Speaker 4: house is much busier and messier because our two beautiful 26 00:01:39,800 --> 00:01:43,440 Speaker 4: daughters have joined us. It's been an interesting time navigating 27 00:01:43,440 --> 00:01:47,920 Speaker 4: our respective careers IVF, becoming parents, and having very different 28 00:01:47,960 --> 00:01:51,360 Speaker 4: financial upbringings. But She's on the Money has helped us 29 00:01:51,400 --> 00:01:54,920 Speaker 4: to find the right balance between my scarcity mindset and 30 00:01:55,040 --> 00:01:58,720 Speaker 4: my husband's las A fair approach to money. Money, Doris, 31 00:01:58,840 --> 00:01:59,920 Speaker 4: welcome to the show. 32 00:02:00,280 --> 00:02:01,240 Speaker 2: Thank you for having me. 33 00:02:01,720 --> 00:02:04,240 Speaker 4: Oh my gosh, I'm really excited about this. I can't 34 00:02:04,240 --> 00:02:06,880 Speaker 4: wait to talk about your babies, all like five of them, 35 00:02:06,960 --> 00:02:10,320 Speaker 4: because there's five now. So before we get there, I 36 00:02:10,360 --> 00:02:12,000 Speaker 4: want to ask what grade would you give your money 37 00:02:12,000 --> 00:02:13,959 Speaker 4: habits If I asked you to give them a grade 38 00:02:14,000 --> 00:02:15,480 Speaker 4: from A through to F. 39 00:02:15,840 --> 00:02:18,480 Speaker 2: I'd say at the moment, maybe a B minus. 40 00:02:18,960 --> 00:02:21,600 Speaker 4: Oh we'll be minus. Let me write that down so 41 00:02:21,639 --> 00:02:24,880 Speaker 4: I've got some notes for later. Money, dear, is now 42 00:02:24,919 --> 00:02:27,720 Speaker 4: my favorite question of all time. Can you tell me 43 00:02:27,800 --> 00:02:29,800 Speaker 4: a little bit more about your money story? 44 00:02:29,919 --> 00:02:33,640 Speaker 2: Yeah, of course. So I guess my attitude towards money 45 00:02:33,720 --> 00:02:35,920 Speaker 2: is that, you know, I love money. Who doesn't love it? 46 00:02:36,040 --> 00:02:38,119 Speaker 5: Same queens, same Let's just be honest here. 47 00:02:38,320 --> 00:02:41,320 Speaker 2: Yeah, it provides, you know, security for me and my 48 00:02:41,440 --> 00:02:44,280 Speaker 2: family and allows me to give them a really happy 49 00:02:44,280 --> 00:02:47,560 Speaker 2: and comfortable life. But at the same time, I was 50 00:02:47,680 --> 00:02:51,200 Speaker 2: very much raised that money is something that has to 51 00:02:51,200 --> 00:02:53,960 Speaker 2: be earned, you have to work hard for. It doesn't 52 00:02:53,960 --> 00:02:57,160 Speaker 2: grow on trees, that kind of mind frame for my parents, 53 00:02:57,400 --> 00:03:00,280 Speaker 2: and I think because of that, I have developed bit 54 00:03:00,320 --> 00:03:03,880 Speaker 2: of a scarcity mindset that sort of joined me in 55 00:03:04,360 --> 00:03:05,079 Speaker 2: my adulthood. 56 00:03:05,280 --> 00:03:07,960 Speaker 4: And do you think that that is something that's like negative, 57 00:03:07,960 --> 00:03:11,920 Speaker 4: because sometimes scarcity mindsets are positive because you're able to 58 00:03:11,960 --> 00:03:15,280 Speaker 4: save more and be productive. Or is your scarcity mindset 59 00:03:15,320 --> 00:03:17,600 Speaker 4: more something that you're like, oh, this is actually limiting 60 00:03:17,680 --> 00:03:18,640 Speaker 4: us and it's not helpful. 61 00:03:18,919 --> 00:03:21,519 Speaker 2: I think a bit of both. I think I've always 62 00:03:21,520 --> 00:03:23,520 Speaker 2: had a bit of a fear of getting into debt, 63 00:03:23,720 --> 00:03:26,799 Speaker 2: so anything like the idea of a mortgage or anything 64 00:03:26,840 --> 00:03:30,400 Speaker 2: like that was very scary for me. But at the 65 00:03:30,440 --> 00:03:33,000 Speaker 2: same time, like you said, it has also meant that 66 00:03:33,560 --> 00:03:37,360 Speaker 2: I'm a good saver and when I have financial goals, 67 00:03:37,480 --> 00:03:40,160 Speaker 2: I'm able to work towards them. Yeah, so a bit 68 00:03:40,200 --> 00:03:40,680 Speaker 2: of both. 69 00:03:41,040 --> 00:03:43,440 Speaker 4: I love that you know that, like, because it's nice 70 00:03:43,480 --> 00:03:47,160 Speaker 4: to have that understanding of like who you are and 71 00:03:47,200 --> 00:03:49,880 Speaker 4: what that means. So I want to know more because 72 00:03:49,880 --> 00:03:53,080 Speaker 4: obviously grew up with a scarcity mindset. Tell me more 73 00:03:53,160 --> 00:03:56,000 Speaker 4: about your money story, what does life look like for you? 74 00:03:56,320 --> 00:03:59,200 Speaker 2: So now I guess we have a house and I 75 00:03:59,280 --> 00:04:04,040 Speaker 2: have my family. So I'm a wonderful, wonderful husband. But 76 00:04:04,200 --> 00:04:07,760 Speaker 2: he doesn't have the same scarcity mindset as me. He 77 00:04:07,800 --> 00:04:10,720 Speaker 2: has very much an abundance mindset, and I think that's 78 00:04:10,760 --> 00:04:12,600 Speaker 2: probably because he had a little bit of it. 79 00:04:12,760 --> 00:04:15,800 Speaker 4: The opposite's always attract right, Yeah. 80 00:04:16,000 --> 00:04:19,000 Speaker 2: Yeah, we balance each other out, I think, and I 81 00:04:19,040 --> 00:04:21,839 Speaker 2: have adopted some of his habits. There was once upon 82 00:04:21,880 --> 00:04:24,760 Speaker 2: a time where I would never pay for convenience, But 83 00:04:25,040 --> 00:04:27,080 Speaker 2: my husband's always like, if we have the money to 84 00:04:27,120 --> 00:04:29,360 Speaker 2: afford something so that we don't have to do something 85 00:04:29,400 --> 00:04:33,719 Speaker 2: that we don't want to do, why not. Whereas previously 86 00:04:33,839 --> 00:04:35,560 Speaker 2: I would be like, oh no, I can just do 87 00:04:35,640 --> 00:04:39,120 Speaker 2: it myself and save myself the money. Yeah, but he's 88 00:04:39,240 --> 00:04:41,640 Speaker 2: very much like, if you don't feel like cooking, we 89 00:04:41,720 --> 00:04:43,560 Speaker 2: can buy dinner, Like that is. 90 00:04:43,520 --> 00:04:47,160 Speaker 4: Okay, and you're like that is a very foreign concept 91 00:04:47,279 --> 00:04:49,520 Speaker 4: to me, but also I will welcome that. 92 00:04:50,200 --> 00:04:53,359 Speaker 2: Yeah. Growing up, like, I cannot remember a time where 93 00:04:53,880 --> 00:04:56,280 Speaker 2: during the week, for example, my parents would have ever 94 00:04:56,360 --> 00:04:57,559 Speaker 2: bought takeaway for dinner. 95 00:04:57,640 --> 00:05:00,040 Speaker 4: Oh no, neither, like that didn't like take away. It 96 00:05:00,160 --> 00:05:02,720 Speaker 4: was like I don't know, like not even once a month. 97 00:05:03,000 --> 00:05:04,279 Speaker 2: Yeah, it was a real treat. 98 00:05:04,520 --> 00:05:06,440 Speaker 5: Yeah, Like and I remember I don't know. 99 00:05:06,800 --> 00:05:09,520 Speaker 4: Side note, I remember kids being like, oh, it's Friday, 100 00:05:09,880 --> 00:05:12,120 Speaker 4: and I'd be like cool, and they'd be like, we're 101 00:05:12,120 --> 00:05:14,719 Speaker 4: having takeaways takeaway night. And I'd be like, oh, we 102 00:05:14,800 --> 00:05:18,000 Speaker 4: don't have a takeaway night, Like that's not a thing. 103 00:05:18,279 --> 00:05:21,160 Speaker 4: Like we might have Mum's bowlin aise or something like, 104 00:05:22,120 --> 00:05:23,799 Speaker 4: but not not takeaway. 105 00:05:23,880 --> 00:05:24,520 Speaker 5: That's wild. 106 00:05:24,760 --> 00:05:27,120 Speaker 2: Yeah. I remember like on the last day of school 107 00:05:27,200 --> 00:05:30,279 Speaker 2: term we would get like takeaway for dinner and that 108 00:05:30,440 --> 00:05:31,279 Speaker 2: was like a big thing. 109 00:05:31,440 --> 00:05:32,840 Speaker 5: Yeah, because you're celebrating. 110 00:05:33,080 --> 00:05:37,400 Speaker 2: Yeah, it was always reserved for a special occasion. But now, 111 00:05:37,560 --> 00:05:39,760 Speaker 2: you know, having two little kids and sometimes you get 112 00:05:39,760 --> 00:05:41,440 Speaker 2: home from work and you just feel flat out and 113 00:05:41,440 --> 00:05:43,200 Speaker 2: you don't want to have to cook before going through 114 00:05:43,240 --> 00:05:47,280 Speaker 2: the whole you know, bedtime routine. We just you know, 115 00:05:47,360 --> 00:05:50,039 Speaker 2: we'll grab something on the way home. And for me 116 00:05:50,240 --> 00:05:53,080 Speaker 2: it took a long time to adjust to that because like, oh, 117 00:05:53,160 --> 00:05:54,360 Speaker 2: that's so expensive. 118 00:05:54,680 --> 00:05:58,679 Speaker 4: But sometimes that's like what life's little luxuries are about, 119 00:05:58,839 --> 00:06:02,440 Speaker 4: and like we're luxury of having a calm evening. 120 00:06:02,760 --> 00:06:04,720 Speaker 5: Now that I am a parent, I get it. 121 00:06:04,880 --> 00:06:07,000 Speaker 2: Yeah, And you can just get home and you can 122 00:06:07,040 --> 00:06:10,280 Speaker 2: actually sit down with them and have that little moment 123 00:06:10,400 --> 00:06:14,040 Speaker 2: of you know, connection with your kids before actually having 124 00:06:14,080 --> 00:06:16,320 Speaker 2: to get into that routine, rather than you know, getting 125 00:06:16,320 --> 00:06:18,479 Speaker 2: home immediately popping them in front of the TV or 126 00:06:18,480 --> 00:06:20,800 Speaker 2: something so that you can quickly whip up something for dinner. 127 00:06:21,080 --> 00:06:21,599 Speaker 5: Totally. 128 00:06:21,920 --> 00:06:25,040 Speaker 4: So I want to know a bit more about you 129 00:06:25,200 --> 00:06:28,360 Speaker 4: and your husband and what's going on. But to do that, 130 00:06:28,480 --> 00:06:31,080 Speaker 4: I want to know, like how much do you earn? 131 00:06:31,160 --> 00:06:32,320 Speaker 4: What do you do for work? 132 00:06:32,560 --> 00:06:36,120 Speaker 2: Yeah? So I work at a university as a professional 133 00:06:36,120 --> 00:06:40,039 Speaker 2: staff member. So my salary is one hundred and nine 134 00:06:40,160 --> 00:06:44,039 Speaker 2: thousand year plus seventeen percent super. 135 00:06:44,240 --> 00:06:45,479 Speaker 5: Oh that's so sexy. 136 00:06:45,839 --> 00:06:48,400 Speaker 2: Yeah it's good. But at the moment I only work 137 00:06:48,560 --> 00:06:50,400 Speaker 2: four days a week, so pro rata. 138 00:06:50,440 --> 00:06:51,560 Speaker 5: And what does your husband do. 139 00:06:51,800 --> 00:06:53,320 Speaker 2: He's a civil design engineer. 140 00:06:53,520 --> 00:06:55,719 Speaker 5: Oh, very fancy, Yeah, and he. 141 00:06:55,640 --> 00:06:58,120 Speaker 2: Earns one hundred and sixty six thousand dollars. 142 00:06:58,240 --> 00:07:01,120 Speaker 5: Yeah, one sixty six and super on top of that. 143 00:07:01,279 --> 00:07:03,159 Speaker 2: Yeah, plus the eleven point five percent. 144 00:07:03,400 --> 00:07:05,720 Speaker 5: Oh very nice. So you have a night like a 145 00:07:05,839 --> 00:07:07,320 Speaker 5: nice household income. 146 00:07:07,560 --> 00:07:10,680 Speaker 2: We do, we do. It's I guess a lot more 147 00:07:10,720 --> 00:07:13,400 Speaker 2: money than I have expected to earn, coming from like 148 00:07:13,480 --> 00:07:17,400 Speaker 2: a regional town and knowing my parents' salaries when you know, 149 00:07:17,480 --> 00:07:20,120 Speaker 2: I was growing up, it seems like an exorbitant amount 150 00:07:20,120 --> 00:07:23,440 Speaker 2: of money. But now that we earn, you know, quite 151 00:07:23,480 --> 00:07:26,520 Speaker 2: decent salaries, I don't know how we could not, if 152 00:07:26,560 --> 00:07:27,360 Speaker 2: that make sense. 153 00:07:27,680 --> 00:07:31,880 Speaker 4: Yeah. Yeah, it's funny how your entire lifestyle adjusts completely, 154 00:07:32,080 --> 00:07:34,600 Speaker 4: Like and it's not just the little luxuries, right, it's 155 00:07:34,640 --> 00:07:38,600 Speaker 4: just life is expensive, like in general, Like I feel 156 00:07:38,640 --> 00:07:41,760 Speaker 4: like one hundred thousand dollars. I remember back when I 157 00:07:41,800 --> 00:07:45,080 Speaker 4: got my first job, and one hundred thousand dollars was 158 00:07:45,120 --> 00:07:47,400 Speaker 4: like my goal. One day, I wanted to earn one 159 00:07:47,440 --> 00:07:51,120 Speaker 4: hundred grand because like six figures, my goodness, Like that 160 00:07:51,320 --> 00:07:55,080 Speaker 4: was like my goal, and I thought that that would 161 00:07:55,080 --> 00:07:58,440 Speaker 4: mean that I would be rich. And you know, at 162 00:07:58,480 --> 00:08:00,480 Speaker 4: the time if back then, I think it was like 163 00:08:00,520 --> 00:08:03,600 Speaker 4: twenty ten, twenty and eleven, if I was earning one 164 00:08:03,640 --> 00:08:04,160 Speaker 4: hundred that. 165 00:08:04,240 --> 00:08:05,640 Speaker 5: Was good, good, good money. 166 00:08:05,720 --> 00:08:09,000 Speaker 2: Yeah, you probably would be rich, but yeah. 167 00:08:08,920 --> 00:08:12,240 Speaker 4: Yeah, And nowadays I feel like one hundred thousand dollars 168 00:08:12,280 --> 00:08:15,040 Speaker 4: just does not stretch as far, and like very aware 169 00:08:15,120 --> 00:08:16,960 Speaker 4: that that's an entitled thing to say, and lots of 170 00:08:16,960 --> 00:08:19,160 Speaker 4: people listening to money diaries are going to earn more 171 00:08:19,240 --> 00:08:21,960 Speaker 4: or less and like that's okay, But it's just money 172 00:08:21,960 --> 00:08:24,080 Speaker 4: doesn't stretch in the same way that it used to. 173 00:08:24,400 --> 00:08:27,880 Speaker 4: And I feel like, had you said in like let's 174 00:08:27,920 --> 00:08:31,920 Speaker 4: even say like twenty ten that was your household income, whoa. 175 00:08:32,000 --> 00:08:35,040 Speaker 4: But nowadays I'm not saying it's not impressive. It's very impressive. 176 00:08:35,280 --> 00:08:37,640 Speaker 5: It's just not stretching the way it used to do. 177 00:08:38,160 --> 00:08:39,840 Speaker 2: Yeah, I agree, So. 178 00:08:39,800 --> 00:08:40,720 Speaker 5: Talk to me more. 179 00:08:41,080 --> 00:08:44,720 Speaker 4: I want to know, obviously, good income, two young kids. 180 00:08:44,960 --> 00:08:48,760 Speaker 4: I'm assuming that financially having kids, because you did mention 181 00:08:48,840 --> 00:08:51,200 Speaker 4: you went through IVF was a bit of a burden. 182 00:08:51,200 --> 00:08:53,680 Speaker 4: I want to know what are your current big money goals, 183 00:08:53,960 --> 00:08:55,520 Speaker 4: what are you currently working towards. 184 00:08:55,880 --> 00:08:59,440 Speaker 2: So I guess, leaning back into that scarcity mindset, a 185 00:08:59,440 --> 00:09:01,760 Speaker 2: lot of me just wants to pay down our mortgage. 186 00:09:01,840 --> 00:09:05,000 Speaker 2: That's a big money goal for me. Originally, I want 187 00:09:05,000 --> 00:09:07,760 Speaker 2: to pay it off my mortgage by the time I 188 00:09:07,840 --> 00:09:10,680 Speaker 2: turn forty, which is only five years away now, and 189 00:09:10,720 --> 00:09:13,360 Speaker 2: I just don't think that's realistic, but I'm stretching that 190 00:09:13,400 --> 00:09:16,239 Speaker 2: out to forty five if I can pay off the mortgage. 191 00:09:16,320 --> 00:09:18,480 Speaker 5: Have you spoken to like a mortgage broker about a 192 00:09:18,520 --> 00:09:20,200 Speaker 5: strategy to do that. 193 00:09:20,360 --> 00:09:23,640 Speaker 2: I haven't recently, No, but it is on the goal 194 00:09:24,080 --> 00:09:26,520 Speaker 2: card for this year, is to reach out and look 195 00:09:26,559 --> 00:09:28,120 Speaker 2: at refinancing, well. 196 00:09:28,000 --> 00:09:31,160 Speaker 4: Not even just refinancing, just like even a strategy session 197 00:09:31,200 --> 00:09:34,040 Speaker 4: with a mortgage broker to be like, hey, like we 198 00:09:34,120 --> 00:09:36,360 Speaker 4: actually want to pay this off in this period of time, 199 00:09:36,400 --> 00:09:39,120 Speaker 4: because usually when we sit down with a client and go, oh, well, 200 00:09:39,160 --> 00:09:42,080 Speaker 4: what's the plan, we're not talking about paying it off earlier. 201 00:09:42,080 --> 00:09:44,959 Speaker 4: We're like, okay, here, like manageable repayments. This is what 202 00:09:45,000 --> 00:09:47,920 Speaker 4: this means. Like, there are lots of ways you can turbocharge, 203 00:09:48,040 --> 00:09:51,160 Speaker 4: like paying off your mortgage, even things like making sure 204 00:09:51,160 --> 00:09:53,600 Speaker 4: that you're making weekly payments to your mortgage instead of 205 00:09:53,640 --> 00:09:56,400 Speaker 4: monthly payments because interest a cruise daily like that can 206 00:09:56,440 --> 00:09:58,959 Speaker 4: have an impact. And you know, if you're being really 207 00:09:59,040 --> 00:10:01,080 Speaker 4: aggressive about it, it like we can. 208 00:10:01,040 --> 00:10:04,000 Speaker 2: Plan yeah, I actually we do have it set up 209 00:10:04,000 --> 00:10:06,040 Speaker 2: so that we pay weekly. I did change that a 210 00:10:06,040 --> 00:10:06,960 Speaker 2: couple of years ago. 211 00:10:07,280 --> 00:10:09,760 Speaker 5: So you're super savvy already, you don't even need us. 212 00:10:10,720 --> 00:10:14,000 Speaker 2: I do because I think for a long time there 213 00:10:14,040 --> 00:10:16,240 Speaker 2: were things that I was just like, Nope, that's not 214 00:10:16,280 --> 00:10:18,720 Speaker 2: for me, Like, for example, investing, I just I wasn't 215 00:10:18,760 --> 00:10:21,200 Speaker 2: literate when it came to investing. And I think the 216 00:10:21,240 --> 00:10:24,240 Speaker 2: Shees on the Money podcast and your first book really 217 00:10:24,280 --> 00:10:29,320 Speaker 2: helped me recognize that scarcity mindset and start taking steps 218 00:10:29,360 --> 00:10:33,360 Speaker 2: to rethink some of those mindsets that I had around 219 00:10:33,600 --> 00:10:35,559 Speaker 2: you know, no, investing is just not something that I 220 00:10:35,600 --> 00:10:36,680 Speaker 2: will ever do because it's. 221 00:10:36,520 --> 00:10:37,840 Speaker 5: Too risky, it's too scary. 222 00:10:38,360 --> 00:10:41,240 Speaker 4: Yeah, And I feel like that scarcity mindset, honestly, it 223 00:10:41,280 --> 00:10:43,480 Speaker 4: can be really helpful, like it can be really helped, 224 00:10:43,480 --> 00:10:45,920 Speaker 4: but it can be detrimental as well. Like I think 225 00:10:45,960 --> 00:10:49,400 Speaker 4: sometimes you don't realize that by having a scarcity mindset, 226 00:10:49,400 --> 00:10:52,360 Speaker 4: you're actually putting yourself behind financially because you're not able 227 00:10:52,400 --> 00:10:53,040 Speaker 4: to step forward. 228 00:10:53,080 --> 00:10:54,199 Speaker 5: Like, yes, you're really good. 229 00:10:54,000 --> 00:10:57,000 Speaker 4: At saving, but if you don't invest, like you're not 230 00:10:57,120 --> 00:11:00,240 Speaker 4: actually putting future you in the best possible position. And 231 00:11:00,280 --> 00:11:01,760 Speaker 4: I just love that You're like, no, I really need 232 00:11:01,800 --> 00:11:04,920 Speaker 4: to push through that, but like, I understand why, because 233 00:11:05,320 --> 00:11:07,680 Speaker 4: try explaining to someone who doesn't have a lot of 234 00:11:07,720 --> 00:11:11,719 Speaker 4: financial literacy why savings isn't a great option, Like you're 235 00:11:11,760 --> 00:11:14,200 Speaker 4: going to go no, I feel super secure. What are 236 00:11:14,200 --> 00:11:16,360 Speaker 4: you talking about, You've got rocks in your head. I'm 237 00:11:16,360 --> 00:11:17,320 Speaker 4: not going to risk. 238 00:11:17,400 --> 00:11:20,640 Speaker 5: Its like gambling. And you're like, oh, actually it's not. 239 00:11:21,000 --> 00:11:22,880 Speaker 4: But I can see where you're coming from or why 240 00:11:22,920 --> 00:11:23,960 Speaker 4: that might be the case. 241 00:11:24,160 --> 00:11:26,600 Speaker 2: It's exactly what I used to think. I used to 242 00:11:26,679 --> 00:11:29,400 Speaker 2: compare investing to gambling. 243 00:11:28,920 --> 00:11:29,760 Speaker 5: Which is so fair. 244 00:11:29,840 --> 00:11:32,960 Speaker 4: Like if you don't know, you don't know, but now 245 00:11:33,000 --> 00:11:35,319 Speaker 4: you know more, You're like, oh, now I'm interested. 246 00:11:35,400 --> 00:11:36,360 Speaker 5: This is so annoying. 247 00:11:36,400 --> 00:11:38,120 Speaker 4: It's going to take up some of my time, but 248 00:11:38,360 --> 00:11:39,920 Speaker 4: hopefully you'll retire really rich. 249 00:11:40,040 --> 00:11:42,640 Speaker 2: So you're welcome, fingerscrussed, and thank you. 250 00:11:43,400 --> 00:11:45,840 Speaker 4: So tell me, have you got any other big money goals? 251 00:11:45,840 --> 00:11:47,839 Speaker 4: Like we want to pay down the mortgage, ideally by 252 00:11:47,920 --> 00:11:50,439 Speaker 4: forty five, which is very sexy. But tell me a 253 00:11:50,520 --> 00:11:52,199 Speaker 4: bit more about what that looks like. 254 00:11:52,360 --> 00:11:54,959 Speaker 2: Well, my husband and I we have joints for finances, 255 00:11:55,000 --> 00:11:57,760 Speaker 2: so we kind of share our money goals, and I 256 00:11:57,800 --> 00:12:00,360 Speaker 2: think this year he may have the opportunity need to 257 00:12:00,400 --> 00:12:03,400 Speaker 2: buy into his company. So it's a private company that 258 00:12:03,440 --> 00:12:06,200 Speaker 2: he works for, and he looks like he'll get a 259 00:12:06,240 --> 00:12:08,840 Speaker 2: promotion and as part of that, he might get an 260 00:12:08,840 --> 00:12:11,679 Speaker 2: opportunity to buy in, which scares me a little bit 261 00:12:11,679 --> 00:12:14,520 Speaker 2: because I don't necessarily know all the financial side of 262 00:12:14,800 --> 00:12:17,240 Speaker 2: things as to you know, what those numbers are going 263 00:12:17,280 --> 00:12:19,559 Speaker 2: to look like. But at the moment, we're kind of 264 00:12:19,840 --> 00:12:23,040 Speaker 2: keeping a bit of our savings aside for that. But 265 00:12:23,080 --> 00:12:25,840 Speaker 2: that may involve I'm not sure our business loan or 266 00:12:25,840 --> 00:12:27,920 Speaker 2: something like that, or setting up a trust. 267 00:12:28,000 --> 00:12:31,760 Speaker 4: I was about to say, how do you plan on 268 00:12:31,800 --> 00:12:34,640 Speaker 4: funding that, Like do you think the buying in will 269 00:12:34,679 --> 00:12:38,040 Speaker 4: be sufficient with your savings or do you think you'll 270 00:12:38,080 --> 00:12:40,560 Speaker 4: need to reach out and like talk to a broker about, 271 00:12:40,679 --> 00:12:42,600 Speaker 4: you know, securing a business. 272 00:12:42,200 --> 00:12:44,400 Speaker 2: Loan, Like I think we will need a loan for 273 00:12:44,440 --> 00:12:46,560 Speaker 2: the price tag that we might be looking at. I 274 00:12:46,559 --> 00:12:49,120 Speaker 2: think it's possibly up to one hundred and fifty thousand 275 00:12:49,120 --> 00:12:52,080 Speaker 2: dollars the buy in, and that's not something that we 276 00:12:52,120 --> 00:12:56,520 Speaker 2: can afford with our current savings, and also we want 277 00:12:56,559 --> 00:12:58,360 Speaker 2: to sort of protect our lifestyle. 278 00:12:58,559 --> 00:13:01,079 Speaker 4: I was about to say, like, even if you had 279 00:13:01,120 --> 00:13:05,520 Speaker 4: the savings, So I talk to people literally every week ish, 280 00:13:05,559 --> 00:13:08,120 Speaker 4: not every day, but every week about like business loans 281 00:13:08,120 --> 00:13:10,440 Speaker 4: and stuff like that. Like sometimes you just don't want 282 00:13:10,480 --> 00:13:13,000 Speaker 4: to put your personal savings on the line. You're like, Okay, cool, 283 00:13:13,000 --> 00:13:15,000 Speaker 4: I'm happy to get a business loan and work out 284 00:13:15,000 --> 00:13:17,600 Speaker 4: what that means, and yeah, I'll pay interest on it. 285 00:13:18,080 --> 00:13:19,880 Speaker 4: But at the end of the day, like I still 286 00:13:19,880 --> 00:13:22,360 Speaker 4: have my savings if things are going south or you 287 00:13:22,400 --> 00:13:24,480 Speaker 4: know what if the business isn't doing as well and 288 00:13:24,520 --> 00:13:26,640 Speaker 4: I need to tip some more savings into, you know, 289 00:13:26,720 --> 00:13:30,440 Speaker 4: my personal life. Like I love that flexibility that debt 290 00:13:30,520 --> 00:13:32,840 Speaker 4: can help you with. And I mean it is a 291 00:13:32,840 --> 00:13:35,760 Speaker 4: big mindset shift going from like, ah, I've got scarcity 292 00:13:35,800 --> 00:13:37,880 Speaker 4: mindset and I'm not even sure about a mortgage to like, 293 00:13:38,120 --> 00:13:40,640 Speaker 4: let's get a loan and buy into a business. Like 294 00:13:40,720 --> 00:13:42,160 Speaker 4: there's a bit to work through there. 295 00:13:42,320 --> 00:13:45,120 Speaker 2: Yeah, I haven't quite got there. But my husband is 296 00:13:45,160 --> 00:13:48,480 Speaker 2: really keen because you know, he's really confident in the 297 00:13:48,520 --> 00:13:51,400 Speaker 2: company that he works for. But obviously we need to 298 00:13:51,400 --> 00:13:53,079 Speaker 2: seek out some financial. 299 00:13:52,600 --> 00:13:55,720 Speaker 4: Advice or one hundred percent financial advice. And then when 300 00:13:55,760 --> 00:13:58,240 Speaker 4: you're buying into a business, they will be or should 301 00:13:58,240 --> 00:14:01,880 Speaker 4: be completely transparent about their financials and having an accountant 302 00:14:01,960 --> 00:14:04,240 Speaker 4: look at it and just telling you, oh, this is 303 00:14:04,280 --> 00:14:06,720 Speaker 4: good or not good, or here are some red flags, 304 00:14:06,760 --> 00:14:09,640 Speaker 4: Like there are lots of convos to have, and I 305 00:14:09,679 --> 00:14:12,480 Speaker 4: think right now it's really scary. But when you get 306 00:14:12,520 --> 00:14:16,320 Speaker 4: to the end of those conversations, if everything is, you know, 307 00:14:16,440 --> 00:14:20,120 Speaker 4: pointing in the right direction, that apprehension might actually turn 308 00:14:20,160 --> 00:14:22,000 Speaker 4: to excitement and you're like, oh my gosh, Like it 309 00:14:22,080 --> 00:14:25,040 Speaker 4: is a cool opportunity, Like it is an investment. It 310 00:14:25,120 --> 00:14:27,640 Speaker 4: is something that we're willing to do, and like I 311 00:14:27,640 --> 00:14:29,400 Speaker 4: wouldn't want you to do it if you were feeling 312 00:14:29,440 --> 00:14:32,200 Speaker 4: the way that you're feeling now, Like we need education 313 00:14:32,560 --> 00:14:36,040 Speaker 4: and we need to understand the numbers. So I feel 314 00:14:36,040 --> 00:14:38,320 Speaker 4: like the situation you're in right now, being all bit 315 00:14:38,480 --> 00:14:41,560 Speaker 4: suspicious is probably the best thing for you and your family, 316 00:14:41,920 --> 00:14:43,240 Speaker 4: Like keeping it on track. 317 00:14:43,640 --> 00:14:45,960 Speaker 2: Yeah, I think it's we're not writing off the table 318 00:14:46,160 --> 00:14:49,240 Speaker 2: just yet, but I have my reservations at the moment, 319 00:14:49,320 --> 00:14:52,400 Speaker 2: and it's something that I'd like to seek out further 320 00:14:52,480 --> 00:14:55,760 Speaker 2: advice and feel a bit more comfortable before I sort 321 00:14:55,760 --> 00:14:56,760 Speaker 2: of say, yeah, let's do. 322 00:14:56,760 --> 00:15:00,000 Speaker 4: It one hundred percent. All right, money dist let's go. 323 00:15:00,000 --> 00:15:01,720 Speaker 4: I had a really quick break on the flip side. 324 00:15:01,760 --> 00:15:04,240 Speaker 4: I want to talk a little bit about investments, debt, 325 00:15:04,440 --> 00:15:06,560 Speaker 4: best and worst money habits, but I also want to 326 00:15:06,600 --> 00:15:10,320 Speaker 4: chat a little bit more about IVF if you'll let me. So, guys, 327 00:15:10,480 --> 00:15:15,920 Speaker 4: don't go anywhere money diarist. 328 00:15:16,040 --> 00:15:16,600 Speaker 5: We are back. 329 00:15:16,720 --> 00:15:19,600 Speaker 4: You're coming up to your five year house adversary. Can 330 00:15:19,640 --> 00:15:23,280 Speaker 4: you tell me a bit more about your home purchasing journey, 331 00:15:23,720 --> 00:15:26,080 Speaker 4: Like how much did you save? Like was this a 332 00:15:26,120 --> 00:15:29,480 Speaker 4: big conversation? I'm asking mainly because you said I was 333 00:15:29,560 --> 00:15:32,120 Speaker 4: really apprehensive about a mortgage, but now you have one, 334 00:15:32,240 --> 00:15:33,840 Speaker 4: so like what got you across the line. 335 00:15:33,920 --> 00:15:37,920 Speaker 2: So I guess I always saw myself as a homeowner 336 00:15:37,960 --> 00:15:40,720 Speaker 2: one day. I think it was just taking that step 337 00:15:40,840 --> 00:15:45,240 Speaker 2: and putting ourselves into that much debt, like was very frightening. 338 00:15:45,960 --> 00:15:49,840 Speaker 2: So we had I think we had about we had 339 00:15:49,920 --> 00:15:54,720 Speaker 2: over ten percent of our purchase price in savings. We 340 00:15:54,840 --> 00:15:57,800 Speaker 2: ended up buying our house for seven hundred and six 341 00:15:57,880 --> 00:16:01,080 Speaker 2: thousand dollars, and we bought in March twenty So it 342 00:16:01,120 --> 00:16:04,760 Speaker 2: was a really good time to buy because within sort 343 00:16:04,800 --> 00:16:08,080 Speaker 2: of I don't know, a year, house prices in our 344 00:16:08,120 --> 00:16:10,360 Speaker 2: area actually increased by almost twenty percent. 345 00:16:10,480 --> 00:16:12,080 Speaker 5: Oh my goodness, I know. 346 00:16:12,520 --> 00:16:14,920 Speaker 2: So we got a bit of equity in our home 347 00:16:15,640 --> 00:16:17,760 Speaker 2: very very quickly, which was really positive. 348 00:16:18,120 --> 00:16:20,920 Speaker 5: Yeah that's wild but also so cool. 349 00:16:21,360 --> 00:16:24,920 Speaker 2: Yeah, yeah, so we definitely felt good in our decision, 350 00:16:24,960 --> 00:16:26,360 Speaker 2: you know, after we'd purchased it. 351 00:16:26,520 --> 00:16:30,560 Speaker 4: It's very validating when something like that happens. You're like, oh, like, 352 00:16:30,760 --> 00:16:33,600 Speaker 4: you don't expect it to happen that quickly, but very nice. 353 00:16:33,640 --> 00:16:36,280 Speaker 4: It makes me feel more secure, especially if you're apprehensive 354 00:16:36,320 --> 00:16:38,600 Speaker 4: about the mortgage to begin with. So tell me, now, 355 00:16:38,640 --> 00:16:40,040 Speaker 4: what's your house worth today? 356 00:16:40,320 --> 00:16:42,880 Speaker 2: Probably close to a million dollars? Who were very nice, 357 00:16:43,360 --> 00:16:47,400 Speaker 2: just under probably so we have, you know, increased equity, 358 00:16:47,400 --> 00:16:50,000 Speaker 2: which is wonderful, but I think that's probably across the board. 359 00:16:50,000 --> 00:16:53,680 Speaker 2: A lot of houses have increased in value in Rismon, 360 00:16:54,360 --> 00:16:58,760 Speaker 2: and we currently owe four hundred and nineteen thousand. 361 00:16:59,000 --> 00:17:02,080 Speaker 4: Hey, you guys are being very aggressive, aren't you. 362 00:17:02,440 --> 00:17:04,960 Speaker 2: Yeah. It's particularly in like the first two years because 363 00:17:05,000 --> 00:17:07,800 Speaker 2: we were sort of in COVID lockdown and when able 364 00:17:07,840 --> 00:17:10,120 Speaker 2: to leave or travel or anything like that. 365 00:17:10,040 --> 00:17:12,280 Speaker 5: You could actually just like focus. 366 00:17:12,680 --> 00:17:15,240 Speaker 2: Yeah, and that was pre kids as well, So a 367 00:17:15,280 --> 00:17:18,000 Speaker 2: lot of our money was just going straight to knocking 368 00:17:18,080 --> 00:17:21,160 Speaker 2: down that mortgage, which felt really good. And then interest 369 00:17:21,280 --> 00:17:25,760 Speaker 2: rates went up and that started to slow significantly. 370 00:17:25,119 --> 00:17:27,920 Speaker 4: But that's okay because like that actually enables you a 371 00:17:27,960 --> 00:17:30,520 Speaker 4: lot of opportunity and it probably makes you feel very 372 00:17:30,560 --> 00:17:34,080 Speaker 4: secure going actually, Like I know, a mortgage can be 373 00:17:34,200 --> 00:17:36,520 Speaker 4: really overwhelming, and I feel like it's most overwhelming at 374 00:17:36,520 --> 00:17:38,399 Speaker 4: the start because it carries the most risk at the 375 00:17:38,520 --> 00:17:41,600 Speaker 4: very start, right, Like what happens if housing prices drop, 376 00:17:41,800 --> 00:17:43,800 Speaker 4: like and my house is worth less than what my 377 00:17:43,840 --> 00:17:46,280 Speaker 4: mortgage is, Like, that's stressful. But once you're a fair 378 00:17:46,359 --> 00:17:49,120 Speaker 4: few years in and you know equity ebbs and flows, 379 00:17:49,200 --> 00:17:51,119 Speaker 4: knowing that you own an asset right now and you 380 00:17:51,160 --> 00:17:53,800 Speaker 4: know you're paying a mortgage off, but if the proverbial 381 00:17:53,960 --> 00:17:56,080 Speaker 4: hit the fan, you could sell it and there's a 382 00:17:56,119 --> 00:17:59,000 Speaker 4: significant amount of money there. You kind of go, I 383 00:17:59,040 --> 00:18:02,800 Speaker 4: feel secure, safe in this decision, which is so nice. 384 00:18:03,000 --> 00:18:04,160 Speaker 5: But I want to ask a. 385 00:18:04,080 --> 00:18:06,600 Speaker 4: Little bit more, be a bit pervy about your IVF journey, 386 00:18:06,640 --> 00:18:09,119 Speaker 4: Like I don't think we talk enough about not just 387 00:18:09,400 --> 00:18:12,000 Speaker 4: the journey, which is overwhelming. 388 00:18:11,760 --> 00:18:13,240 Speaker 5: But about the costs. 389 00:18:13,600 --> 00:18:16,600 Speaker 4: So you saved ten percent fruit deposit on your home, 390 00:18:17,000 --> 00:18:19,879 Speaker 4: secure with that, and then you were like, we'd like kids, 391 00:18:20,040 --> 00:18:22,040 Speaker 4: and IVF was the route you went out. That's not 392 00:18:22,119 --> 00:18:24,920 Speaker 4: a cheap route, so talk to me about the decision 393 00:18:25,000 --> 00:18:26,320 Speaker 4: making process around that. 394 00:18:26,560 --> 00:18:28,359 Speaker 2: Well, I guess we got into our house and then 395 00:18:28,359 --> 00:18:31,240 Speaker 2: straight away we're like, okay, the next step because we 396 00:18:31,240 --> 00:18:33,720 Speaker 2: always saw ourselves as parents ever since we met, Like 397 00:18:33,840 --> 00:18:35,720 Speaker 2: we met when we were like twenty one to you 398 00:18:36,640 --> 00:18:39,320 Speaker 2: and yeah, and my husband always said he wanted to 399 00:18:39,320 --> 00:18:41,080 Speaker 2: be a dad, and I knew that I always wanted 400 00:18:41,080 --> 00:18:43,639 Speaker 2: to be a mom, and we just both were on 401 00:18:43,680 --> 00:18:45,639 Speaker 2: the same page that we had to We wanted to 402 00:18:45,640 --> 00:18:48,120 Speaker 2: get married and have our own home, so we had 403 00:18:48,119 --> 00:18:52,440 Speaker 2: that financial security before we brought any kids into the world. 404 00:18:53,160 --> 00:18:57,280 Speaker 2: And so we started trying in twenty twenty after we 405 00:18:57,280 --> 00:18:59,240 Speaker 2: moved into our home, and it was taking a while, 406 00:18:59,280 --> 00:19:02,760 Speaker 2: and then the following year we decided to see specialists. 407 00:19:03,520 --> 00:19:07,080 Speaker 2: And we were very lucky in that we got in 408 00:19:07,160 --> 00:19:10,960 Speaker 2: very quickly to see a specialist and she said, Okay, 409 00:19:11,240 --> 00:19:14,159 Speaker 2: it's possible, you can have children. Let's just give it 410 00:19:14,200 --> 00:19:16,400 Speaker 2: a crack, but we'll go straight to IVF. We won't 411 00:19:16,440 --> 00:19:19,400 Speaker 2: muck around trying IUI and any other of the sort 412 00:19:19,440 --> 00:19:23,560 Speaker 2: of lower cost options because we needed the IXY. What's 413 00:19:23,600 --> 00:19:27,000 Speaker 2: that sorry, It's basically where they insert the sperm directly 414 00:19:27,000 --> 00:19:29,200 Speaker 2: into the eggs like they physically do it, rather than 415 00:19:29,480 --> 00:19:32,640 Speaker 2: putting them in the peatrie dish and letting it happen naturally. 416 00:19:32,920 --> 00:19:35,160 Speaker 5: All right, Okay, I didn't even know that was a thing. 417 00:19:35,840 --> 00:19:36,159 Speaker 6: Yeah. 418 00:19:36,320 --> 00:19:39,879 Speaker 2: It's basically for like sperm that can't swim. 419 00:19:39,640 --> 00:19:40,680 Speaker 5: Strong enough or something. 420 00:19:40,760 --> 00:19:43,800 Speaker 2: Yeah, yeah, yeah, yeah, so they might be good quality 421 00:19:43,840 --> 00:19:45,200 Speaker 2: sperm otherwise, but. 422 00:19:45,080 --> 00:19:47,560 Speaker 5: They're just a bit lazy. Yeah, so you just need 423 00:19:47,600 --> 00:19:48,760 Speaker 5: a bit of a kickup the butt. 424 00:19:49,600 --> 00:19:51,520 Speaker 2: She always said, you know, they're good looking sperm, they're 425 00:19:51,560 --> 00:19:53,639 Speaker 2: just a bit lazy. And I said, oh, that just 426 00:19:53,640 --> 00:19:59,440 Speaker 2: suits my husband perfectly all over. Yeah, it made sense 427 00:19:59,480 --> 00:20:00,359 Speaker 2: to us. 428 00:20:00,400 --> 00:20:00,840 Speaker 5: I like that. 429 00:20:00,960 --> 00:20:02,919 Speaker 4: It was like in a conversation that you were like, 430 00:20:03,080 --> 00:20:05,840 Speaker 4: that makes sense to me like that. That just feels 431 00:20:05,840 --> 00:20:09,600 Speaker 4: like it's less confrontational or scary or technical as it 432 00:20:09,640 --> 00:20:10,000 Speaker 4: could be. 433 00:20:10,280 --> 00:20:12,560 Speaker 2: Yeah, and my husband and I are very open about it, 434 00:20:12,600 --> 00:20:16,119 Speaker 2: because you know, it was upsetting at the time to 435 00:20:16,200 --> 00:20:18,480 Speaker 2: know that it wasn't going to be easy to get there. 436 00:20:18,600 --> 00:20:21,720 Speaker 2: But we were very lucky because I also had low 437 00:20:21,720 --> 00:20:24,760 Speaker 2: egg counts, so initially I was very worried that it 438 00:20:24,840 --> 00:20:27,159 Speaker 2: was going to take a while and be quite expensive, 439 00:20:27,720 --> 00:20:30,280 Speaker 2: and we didn't have private health, so we were paying 440 00:20:30,359 --> 00:20:31,000 Speaker 2: out of pocket. 441 00:20:31,080 --> 00:20:32,679 Speaker 5: Oh, completely out of pocket. 442 00:20:32,760 --> 00:20:35,080 Speaker 2: Yeah, completely out of pocket at the time. So I 443 00:20:35,119 --> 00:20:40,239 Speaker 2: think it was about twenty thousand dollars per cycle. Wow, Yeah, 444 00:20:40,280 --> 00:20:42,800 Speaker 2: and then we got some rebates through Medicare, so I 445 00:20:42,800 --> 00:20:46,600 Speaker 2: think it ended up being just over ten grand after 446 00:20:46,680 --> 00:20:48,199 Speaker 2: Medicare rebates per cycle. 447 00:20:48,359 --> 00:20:50,080 Speaker 4: Yeah, but you had to like come up with the 448 00:20:50,080 --> 00:20:52,440 Speaker 4: twenty thousand dollars to begin with to then be able 449 00:20:52,480 --> 00:20:54,720 Speaker 4: to rebate it, which is a financial strain that I 450 00:20:54,720 --> 00:20:56,240 Speaker 4: think a lot of people are like, oh, but you 451 00:20:56,280 --> 00:20:58,160 Speaker 4: can claim it back on Medicare and it's like, yeah, great, 452 00:20:58,200 --> 00:21:00,000 Speaker 4: but I actually have to have the twenty thousand dollar 453 00:21:00,240 --> 00:21:02,320 Speaker 4: in cash to be able to afford it to begin with, 454 00:21:02,560 --> 00:21:03,840 Speaker 4: to then get the cash back. 455 00:21:04,040 --> 00:21:06,080 Speaker 2: Yeah, because you have to pay for the cycle on 456 00:21:06,200 --> 00:21:09,119 Speaker 2: day one. You sort of have to pay for it upfront, 457 00:21:09,240 --> 00:21:11,199 Speaker 2: and then you get the money back, you know, at 458 00:21:11,240 --> 00:21:13,320 Speaker 2: the end of the cycle, if that makes sense. So, yeah, 459 00:21:13,480 --> 00:21:16,680 Speaker 2: for that month, you're out of pocket that additional amount, 460 00:21:16,960 --> 00:21:20,520 Speaker 2: and then we only had to do two cycles. Each 461 00:21:20,560 --> 00:21:24,640 Speaker 2: cycle we got one embryo, which is really low and 462 00:21:24,960 --> 00:21:27,600 Speaker 2: both of those embryos are now a beautiful baby girl. 463 00:21:27,640 --> 00:21:29,520 Speaker 4: I was about to say, but all you need is 464 00:21:29,600 --> 00:21:32,720 Speaker 4: one embryo right, Like, you don't need lots and I 465 00:21:32,800 --> 00:21:34,760 Speaker 4: know that lots of people go through this and that 466 00:21:34,800 --> 00:21:37,359 Speaker 4: would have been was that really disheartening? Like when you 467 00:21:37,520 --> 00:21:39,120 Speaker 4: were told we only got one. 468 00:21:39,240 --> 00:21:42,399 Speaker 2: Yeah because she was cycle, because of your age, Like 469 00:21:42,720 --> 00:21:45,320 Speaker 2: we want to maybe bank a couple of embryos before 470 00:21:45,359 --> 00:21:48,200 Speaker 2: we you know, insert one because of the low egg 471 00:21:48,240 --> 00:21:49,000 Speaker 2: count that I had. 472 00:21:49,160 --> 00:21:51,040 Speaker 5: Yeah, and you're like that makes sense, and like you're 473 00:21:51,040 --> 00:21:52,080 Speaker 5: on board for that plan. 474 00:21:52,520 --> 00:21:54,320 Speaker 2: Yeah. And some people, you know, they get lots of 475 00:21:54,359 --> 00:21:56,280 Speaker 2: eggs and I got I think on my first cycle 476 00:21:56,400 --> 00:21:58,239 Speaker 2: four eggs and then only one of them turned into 477 00:21:58,280 --> 00:22:00,159 Speaker 2: an embryo, and I just thought, oh, this is the 478 00:22:00,200 --> 00:22:03,000 Speaker 2: tape forever, and I just I want my baby now. 479 00:22:03,760 --> 00:22:06,680 Speaker 2: And yeah, by the second one, we've got three eggs 480 00:22:06,720 --> 00:22:09,320 Speaker 2: and a second embryo, and we thought, well, we'll just 481 00:22:09,359 --> 00:22:11,280 Speaker 2: pop one and see what happens. 482 00:22:10,880 --> 00:22:12,920 Speaker 5: And yeah, you got a baby. 483 00:22:13,600 --> 00:22:16,920 Speaker 2: Yeah, my beautiful baby girl, My miracle Baby's the two 484 00:22:16,920 --> 00:22:17,600 Speaker 2: of them, and. 485 00:22:17,600 --> 00:22:20,159 Speaker 4: I kind of love that they were, like, you know, 486 00:22:20,320 --> 00:22:21,960 Speaker 4: they were embryos at the same time. 487 00:22:22,320 --> 00:22:23,640 Speaker 5: That's kind of so special. 488 00:22:23,840 --> 00:22:26,199 Speaker 4: I know that they're different ages and whatnot, but like, 489 00:22:26,240 --> 00:22:27,960 Speaker 4: I just I love the idea that they got to 490 00:22:27,960 --> 00:22:29,320 Speaker 4: be little embryos together. 491 00:22:29,600 --> 00:22:33,800 Speaker 2: Yeah, we always say that technically, like our oldest is 492 00:22:33,840 --> 00:22:35,000 Speaker 2: like our youngest embryo. 493 00:22:35,200 --> 00:22:36,800 Speaker 5: Oh is it that so funny? 494 00:22:36,880 --> 00:22:39,720 Speaker 2: Because she came from the second cycle, so you know, 495 00:22:40,520 --> 00:22:43,240 Speaker 2: our youngest was just yeah, waiting in the freezer. 496 00:22:43,440 --> 00:22:45,879 Speaker 5: Yeah, how good? I love that. 497 00:22:46,040 --> 00:22:48,840 Speaker 4: So it was twenty thousand dollars per cycle to get 498 00:22:48,880 --> 00:22:52,880 Speaker 4: to embryos? Does that include transfer when you decide? Okay, 499 00:22:53,040 --> 00:22:55,600 Speaker 4: so we've paid out, we're now ten thousand dollars out 500 00:22:55,600 --> 00:22:58,320 Speaker 4: of pocket. We know we've got you know, two embryos, 501 00:22:58,600 --> 00:23:01,280 Speaker 4: we're going to be pregnant now, Like what's that process? 502 00:23:01,440 --> 00:23:04,639 Speaker 2: Like that included the first transfer, so that's yeah, to 503 00:23:04,640 --> 00:23:07,160 Speaker 2: get the two embryos and the first transfer and then 504 00:23:07,560 --> 00:23:10,600 Speaker 2: the second transfer. So two years later when we decided 505 00:23:10,640 --> 00:23:13,840 Speaker 2: to try again, I can't even remember the cost of that. 506 00:23:13,880 --> 00:23:15,760 Speaker 2: I think it was about fifteen hundred dollars. 507 00:23:15,840 --> 00:23:17,280 Speaker 5: Yeah, okay, so not too bad. 508 00:23:17,600 --> 00:23:19,800 Speaker 2: Yeah, because I needed some medication. 509 00:23:19,520 --> 00:23:22,840 Speaker 4: To stimulate life. Yeah, I find it so interesting. And 510 00:23:22,880 --> 00:23:26,240 Speaker 4: then you would have had to pay storage fees. Yes, 511 00:23:26,800 --> 00:23:28,040 Speaker 4: So what did that cost? 512 00:23:28,320 --> 00:23:30,320 Speaker 2: Is about six hundred dollars a year from memory? 513 00:23:30,600 --> 00:23:33,000 Speaker 4: Right, and then you just know that your other beaby 514 00:23:33,280 --> 00:23:35,840 Speaker 4: was just hanging out in a freezer somewhere waiting to 515 00:23:35,880 --> 00:23:36,760 Speaker 4: come and be picked up. 516 00:23:36,840 --> 00:23:38,760 Speaker 2: I was so anxious. I was like, what if they 517 00:23:38,880 --> 00:23:41,560 Speaker 2: lose it because there's only one. It's all a load. 518 00:23:42,280 --> 00:23:44,720 Speaker 4: It was, but now it's not like now she's with 519 00:23:44,760 --> 00:23:47,760 Speaker 4: you guys, and now you have two kids. That is honestly, 520 00:23:47,760 --> 00:23:51,800 Speaker 4: it's so special learning about people's like fertility journeys, Like 521 00:23:51,840 --> 00:23:54,920 Speaker 4: I always feel so pervy, but like having been on 522 00:23:54,920 --> 00:23:59,479 Speaker 4: my own journey to having Harvey and then you know, 523 00:23:59,600 --> 00:24:01,639 Speaker 4: at some in the future, I want more babies. I 524 00:24:01,720 --> 00:24:04,719 Speaker 4: just I'm so always interested in, like, well, how did 525 00:24:04,760 --> 00:24:06,960 Speaker 4: you become a mum? Because I didn't realize it was 526 00:24:07,000 --> 00:24:08,520 Speaker 4: as complicated as it is. 527 00:24:08,840 --> 00:24:11,800 Speaker 2: And we just feel so lucky. We're just so appreciative 528 00:24:11,840 --> 00:24:14,080 Speaker 2: because we know it doesn't work for everyone. So we're 529 00:24:14,119 --> 00:24:15,840 Speaker 2: just so grateful for them every day. 530 00:24:16,040 --> 00:24:16,560 Speaker 5: I love that. 531 00:24:16,920 --> 00:24:19,840 Speaker 4: So we spoke about you know, obviously IVF, we've had 532 00:24:19,840 --> 00:24:22,479 Speaker 4: a chat about property. You've done well in that space. 533 00:24:22,960 --> 00:24:25,560 Speaker 4: Talk to me about investing. You said like, oh, like, 534 00:24:25,600 --> 00:24:27,480 Speaker 4: I'm a little bit scared about it. Read your books 535 00:24:27,520 --> 00:24:29,200 Speaker 4: and stuff, but like, where are you at on your 536 00:24:29,240 --> 00:24:30,119 Speaker 4: investing journey? 537 00:24:30,240 --> 00:24:33,080 Speaker 2: So we do invest so obviously we've got our super 538 00:24:33,640 --> 00:24:36,600 Speaker 2: So my husband's are sitting around one hundred and thirty 539 00:24:36,640 --> 00:24:39,440 Speaker 2: thousand dollars very nus and then mine is sitting at 540 00:24:39,480 --> 00:24:42,280 Speaker 2: around one hundred and twenty one in my main super account. 541 00:24:42,280 --> 00:24:44,440 Speaker 2: But I also did a year in the military after 542 00:24:44,480 --> 00:24:45,400 Speaker 2: I left school. 543 00:24:45,520 --> 00:24:47,639 Speaker 5: Oh, did not see that coming. 544 00:24:47,960 --> 00:24:51,000 Speaker 2: Yeah, not a lot of people do. When they see me, 545 00:24:51,040 --> 00:24:54,600 Speaker 2: they like what But I think I have about sixteen 546 00:24:54,640 --> 00:24:57,080 Speaker 2: and a half thousand dollars in there because it can't 547 00:24:57,080 --> 00:24:59,840 Speaker 2: be rolled over to in another super account. So it's 548 00:24:59,880 --> 00:25:03,280 Speaker 2: just it's been ticking away, you know, my whole adult life, 549 00:25:03,440 --> 00:25:05,680 Speaker 2: just sitting there, slowly growing. 550 00:25:05,560 --> 00:25:08,240 Speaker 5: Just compounding, doing its thing. I love that. 551 00:25:08,800 --> 00:25:12,680 Speaker 4: And then when it comes to like plans for investing 552 00:25:12,720 --> 00:25:16,040 Speaker 4: in the future, have you guys spoken about it? Is 553 00:25:16,080 --> 00:25:18,240 Speaker 4: that something that you're like, yep, Like we just don't 554 00:25:18,240 --> 00:25:19,919 Speaker 4: want to do it right now. I know you said before, 555 00:25:19,960 --> 00:25:22,879 Speaker 4: like you want to aggressively pay off your mortgage, Like, 556 00:25:23,200 --> 00:25:26,320 Speaker 4: talk to me about what those like the combination looks like. 557 00:25:26,680 --> 00:25:30,320 Speaker 2: So I have a small investment portfolio, so I started 558 00:25:30,359 --> 00:25:34,160 Speaker 2: off with rays just doing roundups. I think in twenty 559 00:25:34,240 --> 00:25:37,480 Speaker 2: twenty one, after I read your book, Yeah, and I 560 00:25:37,480 --> 00:25:40,480 Speaker 2: thought I need to start somewhere, and that felt quite 561 00:25:40,880 --> 00:25:45,119 Speaker 2: easy to me, and then not too intimidating. And then 562 00:25:45,600 --> 00:25:49,399 Speaker 2: now in that same account, we have a weekly amount 563 00:25:49,400 --> 00:25:50,600 Speaker 2: of two hundred and fifty dollars. 564 00:25:50,640 --> 00:25:54,240 Speaker 4: Oh my gosh, so you are good investors, yes, maybe. 565 00:25:55,240 --> 00:25:59,160 Speaker 2: Yeah. So I'm happy with how it's growing. And over time, 566 00:25:59,280 --> 00:26:03,160 Speaker 2: I've become more customed to, you know, not feel as 567 00:26:03,480 --> 00:26:06,800 Speaker 2: frightened of losing the money. So it's now sitting around 568 00:26:07,040 --> 00:26:08,760 Speaker 2: twenty five thousand dollars. 569 00:26:09,040 --> 00:26:12,399 Speaker 4: How good, And I guess just going to compound over time. 570 00:26:12,480 --> 00:26:15,080 Speaker 4: And as like you know, kids are expensive, as I 571 00:26:15,119 --> 00:26:17,320 Speaker 4: don't have to convince you of that paying off your 572 00:26:17,359 --> 00:26:19,679 Speaker 4: mortgage early is going to cost lots of money. Like 573 00:26:19,760 --> 00:26:23,840 Speaker 4: as money becomes a little bit freer, like you can 574 00:26:23,880 --> 00:26:27,239 Speaker 4: contribute more and it doesn't feel as painful as it 575 00:26:27,359 --> 00:26:30,960 Speaker 4: probably would where you're like, Okay, so I'm working, my 576 00:26:31,040 --> 00:26:33,639 Speaker 4: husband's working. I'm assuming there's day care fees and stuff 577 00:26:33,680 --> 00:26:36,680 Speaker 4: like that in the mix, and just life's expensive. 578 00:26:37,359 --> 00:26:40,560 Speaker 2: Yeah it is, but it's nice to know that there's 579 00:26:40,600 --> 00:26:43,960 Speaker 2: something ticking along there. And I also contribute an extra 580 00:26:44,040 --> 00:26:46,120 Speaker 2: three percent of my wage to. 581 00:26:46,240 --> 00:26:48,919 Speaker 5: Super on top of the seventeen Yeah. 582 00:26:48,680 --> 00:26:51,119 Speaker 2: Because I thought twenty was a nice round number. 583 00:26:51,359 --> 00:26:54,280 Speaker 4: I love that, and I love a round number like 584 00:26:54,359 --> 00:26:56,840 Speaker 4: I just I like the idea of that. Have you 585 00:26:56,880 --> 00:26:59,480 Speaker 4: done projections on where that will put you in the future. 586 00:26:59,680 --> 00:27:03,320 Speaker 2: Yeah, I did some projections with my husband and my 587 00:27:03,480 --> 00:27:06,080 Speaker 2: super as to where we'd sit by the time if 588 00:27:06,119 --> 00:27:08,680 Speaker 2: we want to retire at sixty five, and I think 589 00:27:08,720 --> 00:27:13,240 Speaker 2: it said like our fortnightly income would be around four 590 00:27:13,320 --> 00:27:18,159 Speaker 2: hundred dollars I think, which I think is quite comfortable. Yep, yep, No, 591 00:27:18,280 --> 00:27:20,800 Speaker 2: I love it, especially if we're planning on having our 592 00:27:20,840 --> 00:27:21,720 Speaker 2: mortgage paid off. 593 00:27:21,800 --> 00:27:25,160 Speaker 4: Oh, I think that you'll be just fine in that situation. 594 00:27:25,600 --> 00:27:28,119 Speaker 4: So we talked about debt before. I'm assuming you're not 595 00:27:28,160 --> 00:27:29,080 Speaker 4: in any other debt. 596 00:27:29,160 --> 00:27:33,359 Speaker 2: I have hex debt. So I studied psychological science, and 597 00:27:33,359 --> 00:27:35,959 Speaker 2: then I, like yourself, studied organizational psychology. 598 00:27:36,080 --> 00:27:38,120 Speaker 5: Oh the good types of people. 599 00:27:39,760 --> 00:27:42,119 Speaker 2: Yeah, so I've still got a bit of debt about 600 00:27:42,160 --> 00:27:42,840 Speaker 2: thirty five. 601 00:27:42,760 --> 00:27:46,159 Speaker 5: K ah, very cool. Tell me a bit more. I 602 00:27:46,160 --> 00:27:46,560 Speaker 5: want to know. 603 00:27:46,640 --> 00:27:50,280 Speaker 4: I feel like you've probably been a frugal girlie. You've 604 00:27:50,320 --> 00:27:52,800 Speaker 4: probably got some good money habits. What do you reckon 605 00:27:52,920 --> 00:27:54,359 Speaker 4: is your best money habit? 606 00:27:54,600 --> 00:27:57,360 Speaker 2: I don't know if I've got good habits. But I'm 607 00:27:57,400 --> 00:28:01,480 Speaker 2: quite disciplined. So in terms of of like our cash flows, 608 00:28:01,880 --> 00:28:05,639 Speaker 2: it's all assigned. Any bills or expenses that we have, 609 00:28:06,080 --> 00:28:08,720 Speaker 2: you know, they're basically the money goes out to them 610 00:28:08,800 --> 00:28:12,080 Speaker 2: straight away, so we'reever worrying about how we're going to 611 00:28:12,119 --> 00:28:17,120 Speaker 2: pay for bills. And I'm quite low maintenance in myself, 612 00:28:17,160 --> 00:28:21,320 Speaker 2: Like I'm not particularly spendy when it comes to trendy 613 00:28:21,359 --> 00:28:24,440 Speaker 2: clothes or anything like that. I try to pick good 614 00:28:24,520 --> 00:28:29,080 Speaker 2: quality clothes that will last because I'd rather have nice 615 00:28:29,080 --> 00:28:32,399 Speaker 2: things in my wardrobe that are not necessarily going to 616 00:28:32,440 --> 00:28:34,920 Speaker 2: go out of fashion but suit me and my style 617 00:28:35,080 --> 00:28:38,160 Speaker 2: and that I can basically wear to death, and then 618 00:28:38,480 --> 00:28:40,440 Speaker 2: we know that it's getting good cost perwear. 619 00:28:40,600 --> 00:28:41,040 Speaker 5: I love that. 620 00:28:41,160 --> 00:28:42,959 Speaker 4: I feel like the older I get, the more I 621 00:28:43,000 --> 00:28:46,280 Speaker 4: realize that. Like when I buy something, whether that's like 622 00:28:46,320 --> 00:28:49,800 Speaker 4: a fast fashion piece or like an investment piece, I 623 00:28:49,880 --> 00:28:52,000 Speaker 4: go hold on, like I think about it in the 624 00:28:52,000 --> 00:28:54,160 Speaker 4: here and now. But then I realize that there are 625 00:28:54,160 --> 00:28:56,160 Speaker 4: some pieces in my wardrobe that I've had there for 626 00:28:56,200 --> 00:28:58,400 Speaker 4: ten or fifteen years that I'm still wearing. And I 627 00:28:58,400 --> 00:29:02,240 Speaker 4: think that that's a really interesting mindset to realize. Oh, 628 00:29:02,360 --> 00:29:04,800 Speaker 4: like if I bought this green top that I'm wearing today. 629 00:29:04,960 --> 00:29:07,320 Speaker 4: I could actually still be wearing that in fifteen years 630 00:29:07,680 --> 00:29:10,479 Speaker 4: and that's wild to me. And it's just really pushed 631 00:29:10,480 --> 00:29:13,920 Speaker 4: me further into being more intentional with my purchases because 632 00:29:13,920 --> 00:29:16,480 Speaker 4: I'm like, oh my god, like I do remember it's 633 00:29:16,520 --> 00:29:18,640 Speaker 4: so lame. But there's this like white top that I 634 00:29:18,680 --> 00:29:22,040 Speaker 4: bought in Uni that is really non eventful. 635 00:29:21,600 --> 00:29:23,160 Speaker 5: That you probably would be like v it looks like 636 00:29:23,200 --> 00:29:24,080 Speaker 5: every other white. 637 00:29:23,840 --> 00:29:26,840 Speaker 4: Top, but I remember stretching myself in Uni to purchase it, 638 00:29:26,880 --> 00:29:29,200 Speaker 4: Like I remember feeling a little bit guilty because I 639 00:29:29,240 --> 00:29:31,840 Speaker 4: was like, oh, like, I really want it, but it's 640 00:29:31,840 --> 00:29:35,040 Speaker 4: a bit more spino And I'm still wearing it today, 641 00:29:35,080 --> 00:29:37,480 Speaker 4: and I'm really glad I did that because it's still 642 00:29:37,520 --> 00:29:40,520 Speaker 4: one of my favorite pieces. And I just go, I 643 00:29:40,600 --> 00:29:43,680 Speaker 4: want to be more like that more consistently. So that's 644 00:29:43,760 --> 00:29:45,760 Speaker 4: a good thing if that's one of your better money 645 00:29:45,760 --> 00:29:46,240 Speaker 4: have its. 646 00:29:46,440 --> 00:29:49,880 Speaker 2: Yeah. I try and be really mindful of what I'm purchasing, 647 00:29:49,920 --> 00:29:53,480 Speaker 2: and so sometimes you know they're not cheap, Like particularly, 648 00:29:53,680 --> 00:29:55,800 Speaker 2: I buy a lot of nice dresses for work and 649 00:29:55,840 --> 00:29:57,760 Speaker 2: things like that, but I know that I'll get years 650 00:29:57,760 --> 00:30:00,440 Speaker 2: and years of wear out of them. The only you is, 651 00:30:00,560 --> 00:30:03,000 Speaker 2: you know, after having two babies, Like I do have 652 00:30:03,120 --> 00:30:05,080 Speaker 2: a few pieces in my closet that I just can't 653 00:30:05,120 --> 00:30:07,920 Speaker 2: let go of but don't necessarily fit me the same 654 00:30:07,920 --> 00:30:10,840 Speaker 2: way that they used to, which is really sad because 655 00:30:10,920 --> 00:30:12,680 Speaker 2: you know, when I bought them, you know, I loved 656 00:30:12,720 --> 00:30:14,440 Speaker 2: these pieces, and now I put them on and they're 657 00:30:14,440 --> 00:30:16,720 Speaker 2: just not quite as comfortable or don't make me feel 658 00:30:16,800 --> 00:30:18,760 Speaker 2: quite so great when I wear them. 659 00:30:19,000 --> 00:30:23,920 Speaker 4: Yeah, And it's interesting like having had a baby nearly 660 00:30:23,960 --> 00:30:26,920 Speaker 4: a year ago for me, like just the way your 661 00:30:26,920 --> 00:30:31,480 Speaker 4: body changes, and like it's not like I'm very lucky 662 00:30:31,560 --> 00:30:34,800 Speaker 4: that I'm back to where I was before, but everything's different, 663 00:30:35,040 --> 00:30:39,680 Speaker 4: Like things sit differently, and like my weight distribution is 664 00:30:39,720 --> 00:30:43,880 Speaker 4: sitting differently on my body and I just didn't predict. 665 00:30:43,560 --> 00:30:46,200 Speaker 2: That, Like, yeah, my rib cage is wider. 666 00:30:46,400 --> 00:30:50,520 Speaker 4: Yeah, my rib cage is like my bone structure is different. 667 00:30:50,760 --> 00:30:53,800 Speaker 4: And the rib cage thing I googled that I was like, 668 00:30:54,200 --> 00:30:57,000 Speaker 4: is my rib cage bigger? Apparently that's a thing because 669 00:30:57,040 --> 00:31:00,240 Speaker 4: like your whole body needs to move to accommodate a baby, 670 00:31:00,320 --> 00:31:01,600 Speaker 4: and it never went back. 671 00:31:01,800 --> 00:31:03,800 Speaker 2: Yeah, so things that you know used to be quite 672 00:31:03,840 --> 00:31:06,440 Speaker 2: comfortable around, you know, your ribs and your waist are 673 00:31:06,440 --> 00:31:08,560 Speaker 2: now like, oh that's a bit tight. 674 00:31:09,320 --> 00:31:11,640 Speaker 5: Yeah, and it's got nothing to do with weight. 675 00:31:12,000 --> 00:31:15,040 Speaker 4: It's got everything to do with your body, Like composition 676 00:31:15,160 --> 00:31:16,120 Speaker 4: is just different now. 677 00:31:16,600 --> 00:31:18,480 Speaker 5: Oh, it's actually so interesting. 678 00:31:18,600 --> 00:31:20,640 Speaker 2: Yeah, it's amazing what the female body can do. 679 00:31:21,320 --> 00:31:24,240 Speaker 4: I'm very proud of it. But tell me, what do 680 00:31:24,240 --> 00:31:25,240 Speaker 4: you think your worst money? 681 00:31:25,240 --> 00:31:25,760 Speaker 5: How it is? 682 00:31:25,960 --> 00:31:28,880 Speaker 2: I've got two things that I wrote down, So I 683 00:31:28,920 --> 00:31:33,000 Speaker 2: guess the takeout meals I mentioned before. You know, my 684 00:31:33,080 --> 00:31:35,560 Speaker 2: husband always justifies it. You know, we get more time 685 00:31:35,600 --> 00:31:37,720 Speaker 2: with the kids and less time cooking in that stuff. 686 00:31:38,360 --> 00:31:41,560 Speaker 2: I feel like we've gone too far and now we 687 00:31:41,600 --> 00:31:43,480 Speaker 2: need to draw it back in again because oh I 688 00:31:43,480 --> 00:31:46,160 Speaker 2: don't feel like cooking, let's just buy something. I still 689 00:31:46,160 --> 00:31:49,160 Speaker 2: have that little bit of guilt around. Oh yeah, maybe 690 00:31:49,160 --> 00:31:52,280 Speaker 2: this week we've spent a bit too much on takeout 691 00:31:52,400 --> 00:31:54,520 Speaker 2: or even going to cafes. We love to take the 692 00:31:54,560 --> 00:31:58,000 Speaker 2: girls for baby tinos and things, and I think, you 693 00:31:58,040 --> 00:32:01,440 Speaker 2: know one a week is you know, it's getting Yeah, and. 694 00:32:01,360 --> 00:32:03,040 Speaker 4: They do add up like what do you mean a 695 00:32:03,080 --> 00:32:05,600 Speaker 4: baby tuno's four dollars? Like I was looking at the 696 00:32:05,880 --> 00:32:08,360 Speaker 4: Harvey's not a baby chino age yet, but I was 697 00:32:08,360 --> 00:32:09,920 Speaker 4: looking at the menu the other day and I was like, 698 00:32:10,200 --> 00:32:13,920 Speaker 4: four dollars. And we all know he doesn't even like 699 00:32:13,960 --> 00:32:16,560 Speaker 4: when it happens. He's probably not that interested in drinking 700 00:32:16,600 --> 00:32:19,320 Speaker 4: the milk and consuming the nutrients. He probably just wanted 701 00:32:19,360 --> 00:32:20,240 Speaker 4: the little marshmallow. 702 00:32:20,360 --> 00:32:24,120 Speaker 2: Yeah, yeah, for a bit of like this much froth milk. 703 00:32:24,840 --> 00:32:29,000 Speaker 4: Yeah, at extortion, honestly. But I mean, I don't know. 704 00:32:29,080 --> 00:32:32,480 Speaker 4: I feel like I've realized I'm a very sentimental mum. 705 00:32:32,560 --> 00:32:34,880 Speaker 4: Like I keep just being like, oh my god, you're growing, 706 00:32:34,960 --> 00:32:37,840 Speaker 4: please stop, but also don't stop. Like I just I 707 00:32:37,880 --> 00:32:40,080 Speaker 4: feel like it's getting away from me at the same 708 00:32:40,120 --> 00:32:42,719 Speaker 4: time as trying to appreciate it. I'm like, you're not 709 00:32:42,720 --> 00:32:45,520 Speaker 4: going to be in baby Chino face forever, so like 710 00:32:45,600 --> 00:32:47,680 Speaker 4: I want to take you out for as many as possible. 711 00:32:47,720 --> 00:32:49,760 Speaker 4: So I don't know how I'm going to balance that 712 00:32:49,840 --> 00:32:50,480 Speaker 4: for myself. 713 00:32:50,760 --> 00:32:53,280 Speaker 2: Yeah, and I think as well, like as a working mum, 714 00:32:53,320 --> 00:32:56,320 Speaker 2: you get sometimes the mum guilt, and so you know, 715 00:32:56,400 --> 00:32:59,440 Speaker 2: you do splurt a little bit more. Like my eldest daughter, 716 00:32:59,520 --> 00:33:02,560 Speaker 2: she loves books and almost we went through a period 717 00:33:02,640 --> 00:33:04,960 Speaker 2: last year where every time I take her out, we'd 718 00:33:04,960 --> 00:33:06,520 Speaker 2: be like, oh, let's just go to came up to 719 00:33:06,560 --> 00:33:08,680 Speaker 2: the book section and see if there's any nice books 720 00:33:08,720 --> 00:33:11,240 Speaker 2: because we that's part of our I guess bedtime ritual 721 00:33:11,320 --> 00:33:14,400 Speaker 2: is reading the books together and it's just so lovely 722 00:33:14,560 --> 00:33:17,360 Speaker 2: to spend that time with it. Okay, maybe we should 723 00:33:17,360 --> 00:33:20,560 Speaker 2: be going to the library instead of buying all these books. 724 00:33:21,440 --> 00:33:24,800 Speaker 4: I mean, those aren't the worst money habits I've ever seen. 725 00:33:25,320 --> 00:33:27,440 Speaker 5: I kind of like them. They're really wholesome. 726 00:33:27,800 --> 00:33:30,440 Speaker 2: Yeah, but yeah, I think for me, it's just to 727 00:33:30,440 --> 00:33:33,840 Speaker 2: do with spending around the girls. Like I just I 728 00:33:33,920 --> 00:33:36,760 Speaker 2: find it really hard to say no to them because 729 00:33:36,800 --> 00:33:38,800 Speaker 2: they're just my little babies and I just want to 730 00:33:38,840 --> 00:33:39,920 Speaker 2: give them the whole world. 731 00:33:40,080 --> 00:33:43,040 Speaker 4: So it does change the like I don't know, you 732 00:33:43,080 --> 00:33:45,360 Speaker 4: know how when you're growing up, people will be like, oh, yeah, 733 00:33:45,360 --> 00:33:47,440 Speaker 4: I want to give my kids absolutely everything, and you'd 734 00:33:47,440 --> 00:33:49,880 Speaker 4: be like, okay, cool, like don't no second thought about 735 00:33:49,920 --> 00:33:52,040 Speaker 4: that statement. And now I'm like, oh, I get it, 736 00:33:52,080 --> 00:33:54,280 Speaker 4: Like I want him to have like everything at the 737 00:33:54,320 --> 00:33:57,000 Speaker 4: same time as bringing him up to not be entitled, 738 00:33:57,120 --> 00:33:59,640 Speaker 4: like and you're trying to like find the balance and 739 00:33:59,680 --> 00:34:02,040 Speaker 4: you just like you're only one, but like I can 740 00:34:02,160 --> 00:34:04,600 Speaker 4: just see me going, yeah. 741 00:34:04,440 --> 00:34:06,080 Speaker 5: You can have it. It's fine. I just I really 742 00:34:06,160 --> 00:34:07,160 Speaker 5: want you to have a good day. 743 00:34:08,000 --> 00:34:12,400 Speaker 2: Yeah. Oh so cute. And now once they can talk 744 00:34:12,480 --> 00:34:14,920 Speaker 2: and they start like saying things that are adorable, Like 745 00:34:15,200 --> 00:34:19,360 Speaker 2: my daughter says, Mummy, I've been really good today and 746 00:34:18,760 --> 00:34:21,160 Speaker 2: she's trying to get something out of me. 747 00:34:21,200 --> 00:34:24,000 Speaker 5: I'm like, oh, she's a genius. It's gonna work. 748 00:34:24,040 --> 00:34:25,839 Speaker 2: Sometimes it's just like can I have a piece of fruit? 749 00:34:25,840 --> 00:34:27,839 Speaker 2: And it's like, oh, yeah, that's fine. But sometimes it's 750 00:34:27,920 --> 00:34:29,120 Speaker 2: like can I watch TV? 751 00:34:29,280 --> 00:34:34,560 Speaker 5: And I'm oh, okay, sleep pree sleep, preeze slope. I 752 00:34:34,600 --> 00:34:35,640 Speaker 5: love it. Oh my gosh. 753 00:34:35,719 --> 00:34:38,160 Speaker 4: I have loved having a chat with you today and 754 00:34:38,280 --> 00:34:42,160 Speaker 4: learning about you know, literally everything, like you know, purchasing 755 00:34:42,160 --> 00:34:44,600 Speaker 4: your first home and chatting about IVF for them, talking 756 00:34:44,600 --> 00:34:47,880 Speaker 4: about our money habits being frugal versus having a partner 757 00:34:47,880 --> 00:34:50,440 Speaker 4: who's less brugal, Like I feel like this has been 758 00:34:50,440 --> 00:34:52,799 Speaker 4: a fun money diary and I've really enjoyed getting to 759 00:34:52,840 --> 00:34:56,080 Speaker 4: know you. So thank you, And I just I know 760 00:34:56,160 --> 00:34:58,640 Speaker 4: our community is gonna love listening to these diary as 761 00:34:58,680 --> 00:35:00,000 Speaker 4: much as I've loved recording it. 762 00:35:00,120 --> 00:35:01,600 Speaker 5: So thank you. 763 00:35:01,600 --> 00:35:03,719 Speaker 2: You're welcome, and thank you so much for everything you 764 00:35:03,800 --> 00:35:06,360 Speaker 2: do for the community, and particularly for women, because it 765 00:35:07,520 --> 00:35:10,200 Speaker 2: certainly helped me, and I know know in many ways 766 00:35:10,440 --> 00:35:11,720 Speaker 2: you're helping so many people. 767 00:35:11,840 --> 00:35:15,440 Speaker 4: I hope I try. It's like my favorite thing ever, No, 768 00:35:15,600 --> 00:35:17,360 Speaker 4: thank you for that. This has been beautiful. 769 00:35:23,560 --> 00:35:25,719 Speaker 6: The IF by shared on She's on the Money is 770 00:35:25,800 --> 00:35:29,400 Speaker 6: general in nature and does not consider your individual circumstances. 771 00:35:29,760 --> 00:35:33,160 Speaker 6: She's on the Money exists purely for educational purposes and 772 00:35:33,200 --> 00:35:35,640 Speaker 6: should not be relied upon to make an investment or 773 00:35:35,719 --> 00:35:39,320 Speaker 6: financial decision. If you do choose to buy a financial product, 774 00:35:39,400 --> 00:35:43,280 Speaker 6: read the PDS TMD and obtain appropriate financial advice. 775 00:35:42,960 --> 00:35:44,280 Speaker 5: Tailored towards your needs. 776 00:35:44,680 --> 00:35:48,600 Speaker 6: Victoria Divine and She's on the Money are authorized representatives 777 00:35:48,640 --> 00:35:52,520 Speaker 6: of money. Sheper pty Ltd ABN three two one IS 778 00:35:52,560 --> 00:35:56,400 Speaker 6: six four nine two seven seven zero eight AFSL four 779 00:35:56,520 --> 00:36:00,760 Speaker 6: five one two eight ninet