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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud your

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Speaker 1: the Order Kerni Whaltbury and a waddery woman. And before

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Speaker 1: we get started on She's on the Money podcast, I

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Speaker 1: would like to acknowledge the traditional custodians of the land

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Speaker 1: of which this podcast is recorded on a wondery country,

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Speaker 1: acknowledging the elders, the ancestors and the next generation coming

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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing

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Speaker 1: and the storytelling of you to make a difference for

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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Speaker 3: She's on the Money. She's on the Money.

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Speaker 2: Hello, and welcome to She's on the Money. That makes

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Speaker 2: personal finance fun, especially on a Friday. It is our

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Speaker 2: favorite day of the week because I have my voice back.

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Speaker 2: We also get our team together and celebrate you our

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Speaker 2: incredible She's on the Money community ms just Greedchy. She's

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Speaker 2: going to be sharing her favorite money wins. Beck Syed

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Speaker 2: has a number of freak tips to share with us,

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Speaker 2: and we're going to be helping to answer a money dilemma,

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Speaker 2: which this week is about whether you should take some

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Speaker 2: of your current monthly savings and start investing some of

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Speaker 2: it and something you slid into our DMS about what

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Speaker 2: do you do when your sibling is pressuring you to

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Speaker 2: join them in going to your parents to ask for

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Speaker 2: your inheritance early ooh see, Cze, I could see you going, oh,

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Speaker 2: what are you doing with sibling? Okay, okay, okay, inheritance uncomfortable. Yeah,

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Speaker 2: I just feel like that's a lot. Yeah, that's a lot.

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Speaker 2: It's a lot, all right, So let's maybe just not

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Speaker 2: start there. How are your weeks? My loves go for it,

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Speaker 2: My week's in love.

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Speaker 4: I haven't done anything too exciting, just been trying to

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Speaker 4: survive the cold snap, cold and freezing.

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Speaker 2: I'm over it. You've brought a b Yo heat pack

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Speaker 2: to the studio today. You've got your little wheaty pack

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Speaker 2: you're sitting on you.

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Speaker 5: I was wearing the jacket or the driving. It's just freezing.

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Speaker 2: I had easy. You had the car on like blasting

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Speaker 2: hot air. Like I don't know if this like I'm comfy,

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Speaker 2: I'm happy, but I don't know if this is good

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Speaker 2: or bad?

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Speaker 4: Like I have to get out of the car. It's

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Speaker 4: so much worse when you go from walking.

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Speaker 2: Yeah, like, do I turn down the meter so that

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Speaker 2: the transition isn't as bad. It's no, no, I say,

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Speaker 2: I walked Harvey to daycare this morning, and my breath

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Speaker 2: in front of me was like pluming, and like the

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Speaker 2: grass was frosty. I could see where the dog had walked,

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Speaker 2: and I was like, winter has really kind of arrived.

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Speaker 2: Driving I can.

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Speaker 4: See all the people go like walking to work in there,

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Speaker 4: like puffa jackets and puffer vests, and I was wearing

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Speaker 4: my pink puffa jacket.

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Speaker 5: I was like, I'm just one of you, even.

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Speaker 2: If I never had an originally variance. No, oh, my goodness,

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Speaker 2: Beck has your week bean? No, Bo's been really loving, Yeah,

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Speaker 2: really really cold.

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Speaker 6: But there's something so gorgeous about like a crispy winter morning.

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Speaker 2: Your car's frozen over for like, what part of that

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Speaker 2: is gorgeous? Sorry, it's it's usually the winter vibes.

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Speaker 6: I think it's the thrill of like driving for a

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Speaker 6: few minutes with no.

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Speaker 4: You're very pretty, like the ice on the grass and

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Speaker 4: the sun that's.

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Speaker 6: Doing nothing but it's there and it's so it's really

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Speaker 6: so beautiful. But it's when I hit my hit my

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Speaker 6: housemates carlvn't told it.

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Speaker 2: Just as I couldn't see. Excuse me.

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Speaker 6: I was like, oh, it should be fine, like I.

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Speaker 2: Hit my housemates car, and then I didn't tell it.

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Speaker 2: You need to get off this podcast. It was straight

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Speaker 2: into her messages. She's chill, sure, I'll tell later. But

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Speaker 2: it was just like a little love tap.

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Speaker 6: Because like you know when you like spray your window

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Speaker 6: to get the ice off, and then there's just like

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Speaker 6: those two long little windows and see through those but

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Speaker 6: nothing else. And I was just trying to like get

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Speaker 6: out of where I was parked and I couldn't see.

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Speaker 6: But I thought, you know, I had a little.

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Speaker 2: Love tap to oh like that, so her car is

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Speaker 2: no worries. Yeah, it was good to know.

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Speaker 6: I was like, okay, cool, I'm gonna stop there and

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Speaker 6: then nar reverse.

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Speaker 4: So that's pert squeegee in your car shower squeegee.

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Speaker 2: Yeah. You just now this isn't going to make sense

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Speaker 2: to you, jess or Beck, because like you're not a mum.

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Speaker 2: But I actually keep one in the bottom of my pram.

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Speaker 2: Oh I can't, Yeah, what the hell for? Because the

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Speaker 2: slide at the park often has water at the bottom,

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Speaker 2: and Harvey really wants to go on the slide every time.

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Speaker 2: But I don't want to have to, Like, I'm not

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Speaker 2: going to take a towel and then take home a

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Speaker 2: wet towel. So I've gotten like two dollars came out squeegee,

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Speaker 2: and I just like flick it all off and we're

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Speaker 2: ready to go.

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Speaker 5: Came out squeegish in the lord's work.

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Speaker 7: I know.

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Speaker 2: Maybe that could be my like unsolicited recommendation in this

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Speaker 2: week's newsletter. Yeah, carriage, screek, gee wherever you go? Yeah,

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Speaker 2: bench you want to sit on it, squeegey and fix

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Speaker 2: that gee gen.

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Speaker 6: You just like literally I sit and then I what's

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Speaker 6: it like? I kind of like you do this? Yeah,

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Speaker 6: but with my jeans because no, then.

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Speaker 2: You're sitting in wet in winter. It'solutely quick.

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Speaker 6: She's crazy, Jess, and I would never that's so fair.

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Speaker 5: You're definitely the type B friend.

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Speaker 2: Type B yeah, yeah, yeah, for sure. Do we all

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Speaker 2: need to type to be? And I think I'm type C,

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Speaker 2: which is like a type A person that has chronic ADHD,

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Speaker 2: so that sometimes we're super organized, but also we haven't

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Speaker 2: cleaned out over each in the month. Qualities.

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Speaker 5: Yeah, all the bases covered.

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Speaker 2: Yeah, yeah, yeah, I will just type C. I reckon

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Speaker 2: that works all right, would you guys like a five

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Speaker 2: star review? Absolute? Please? All right, so this one, this

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Speaker 2: was really sweet. It's from Dashford, down to earth and

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Speaker 2: easy to listen to. She's on the Money makes complex

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Speaker 2: finance matters simple plus unsolicited recommendations to make sure you thrive.

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Speaker 2: Can't say off great things about Victoria divine and her

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Speaker 2: She's on the money business.

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Speaker 5: Wow.

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Speaker 2: Oh so cute. That's so sweet because it was about me,

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Speaker 2: as you should. I always picked beck ones because, like Jess,

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Speaker 2: you and I both know that, like we love complimenting Beck.

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Speaker 2: Like it's just it's just really funny. It's just so

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Speaker 2: fun It's like a game at this point.

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Speaker 5: Cute, embarrassed and.

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Speaker 2: Like Jess is really sweet about getting compliments, she really is.

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Speaker 2: But like I love embarrassing. I love embarrassing Beck.

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Speaker 6: That's so fair And I'm happy to take the four

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Speaker 6: for it because it is such a gorgeous If somebody,

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Speaker 6: I'll take one for the team.

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Speaker 2: All right, Well, Jess, I want to know what's going

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Speaker 2: on in the community. What are their good money wins

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Speaker 2: this week?

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Speaker 4: Alrighty, first, so this week I've got one from Holly

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Speaker 4: who said money win and loss at the same time.

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Speaker 4: I put on a Gold Class movie night for my

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Speaker 4: little ones at home on Saturday night. I gave them

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Speaker 4: the whole Gold Class treatment. It still cost me a

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Speaker 4: little bit of money hence a loss, but it was

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Speaker 4: way cheaper than actual Gold Class so money win and

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Speaker 4: core memory made.

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Speaker 2: And she gave us a little do we get a picture?

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Speaker 5: We got a video tour? So she had like a

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Speaker 5: little size post Frozen love it my favorite.

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Speaker 2: Look.

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Speaker 5: She made them.

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Speaker 2: Chicken movie tickets and there's like a movie theater door.

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Speaker 5: She's got the snacks, the whole she went all out.

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Speaker 2: It looks oh, they've got little packs of Oreos and

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Speaker 2: banana and then.

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Speaker 4: The fold out couches with the kids look like they're

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Speaker 4: having a ball.

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Speaker 2: I love those.

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Speaker 5: Such a fun and such a core memory. She's totally right.

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Speaker 2: Fold out couch is such a throwback to my childhood

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Speaker 2: and never having one like. I remember being so envious

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Speaker 2: when I went to my friend's houses when I was

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Speaker 2: little and they had like the themed Wiggles couch that

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Speaker 2: flipped out. I'll be like, wow, that's so cool.

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Speaker 6: I know, but don't be envious. There was so uncomfortable,

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Speaker 6: but like you still like they were so exciting.

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Speaker 2: I didn't have one of those because I had the

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Speaker 2: themed sleeping back. Oh you know one of the other

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Speaker 2: like shaped, Yeah, like.

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Speaker 5: A Mermaid tail or something.

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Speaker 2: I wish I can't remember. I feel like mom was red.

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Speaker 2: I think it was a Telly Dubby. Oh cute. I

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Speaker 2: think that's cute.

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Speaker 5: Why did my mind go to lobster when.

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Speaker 2: I'm gonna.

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Speaker 4: Maybe next This week, I've got a money lost from

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Speaker 4: Alisha who said she bought a horse, but she only

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Speaker 4: had to pay transport her life win. She's waited three

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Speaker 4: years for her to retire from racing, so she's saved

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Speaker 4: a horse that obviously is retired and now she's brought

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Speaker 4: her home.

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Speaker 2: That's not a money lost, that's a life win. And

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Speaker 2: we've got a.

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Speaker 5: Photo off the horse.

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Speaker 4: Yes, I want to know, like, what's the most absurd

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Speaker 4: if you've got a random But if you've got a

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Speaker 4: pet snail, we want a pet tax photo of this?

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Speaker 2: Do? I mean?

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Speaker 5: I just we've.

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Speaker 2: Done, like I do I really do?

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Speaker 5: Someone out that's got to have a Mexican walking fish.

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Speaker 4: I don't know if you've got something about you with

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Speaker 4: a heavy G.

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Speaker 2: I was trying to explain to my husband the other

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Speaker 2: day the concept of pet tax, and I was like, no, no, no, Like,

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Speaker 2: if you post about your pet in our Facebook group,

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Speaker 2: you've got to pay the pet tax. And he was like,

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Speaker 2: how do you enforce that? And he was like taking

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Speaker 2: it as a very serious pot, right, how do you

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Speaker 2: regulate that? And I was like, you don't. Everybody is

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Speaker 2: a Laura abiding sciitizen. She's on the money and we

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Speaker 2: all pay our pet tax and the.

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Speaker 4: Community is very good at self policing, Like anytime someone

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Speaker 4: mentions a pet, you can almost guarantee someone's like a

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Speaker 4: comment underneath, where's.

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Speaker 2: The pet tack? Yeah, I'm like you, I love it.

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Speaker 2: It's actually my favorite. And like my favorite is when

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Speaker 2: that happens, yes, and then you see the response from

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Speaker 2: the original poster and they're like, look really sorry about this,

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Speaker 2: here's my pet tax, and like some more. Yeah, so's

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Speaker 2: my favorite.

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Speaker 5: I love we love the photos. Keep them coming, everybody.

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Speaker 4: Next, I've had my money in from Carara, who said

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Speaker 4: I went to my local op shop for a look

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Speaker 4: and picked up a Levi's denim jacket for forty five dollars.

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Speaker 4: I was curious on what they retail force, so I

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Speaker 4: looked it up. Turns out it's a super rare vintage

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Speaker 4: jacket and it's you is passed on eBay at fifteen

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Speaker 4: hundred dollars.

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Speaker 2: I would be selling that immediately usd as well. I

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Speaker 2: don't care how cute you are selling that.

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Speaker 4: Yeah, she said, the optop God's were looking down on her.

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Speaker 4: What a good find. Another really good secondhand fine from

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Speaker 4: Tian She got a Herman Miller chair, which if you know,

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Speaker 4: you know, it's like the premium office chair.

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Speaker 5: They retail for like fifteen hundred dollars, which is crazy.

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Speaker 2: We like not buying these easily.

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Speaker 4: No, So she picked hers up for four hundred dollars

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Speaker 4: from an ex government furniture store. She said, her friend

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Speaker 4: over some money, so she ended up only being one

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Speaker 4: hundred and fifty dollars out of pocket.

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Speaker 2: That's such a good deal. And there now I'm in

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Speaker 2: my thirties, so ergonomic economic to you. That's such a

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Speaker 2: good feel Like if we're going to sit at our

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Speaker 2: desk for a whole day, I'm going to get up

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Speaker 2: and I'm not going to feel creaky. That's a sleigh.

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Speaker 4: Next, I've got a money in from Alana, who said

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Speaker 4: every year the girls on her mom's side of the

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Speaker 4: family have a weekend away, everybody takes all of the

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Speaker 4: clothes that they have that they don't want anymore, and

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Speaker 4: it's a free for all. You take what you want

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Speaker 4: or whenever's leftover gets donated. So she's come home from

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Speaker 4: the trip with our bunch of new clothes.

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Speaker 2: Actly, it's so cool. That is so cool, very very clever.

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Speaker 4: And then lastly this week, I've got one from Die

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Speaker 4: who said she's probably a bit late to the party,

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Speaker 4: but she used churt GPT to search for the best

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Speaker 4: pizza deal and it worked. Saved her all the time

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Speaker 4: from searching on all the promo syites, and she got

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Speaker 4: way more food than she normally would, so I had

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Speaker 4: lots for leftovers. That's so good, A really good way

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Speaker 4: to use AI, Like, you don't have to use chat GDT.

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Speaker 4: You could use the Microsoft one or something instead if

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Speaker 4: you want to do but save your little fingers from

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Speaker 4: searching for Domino's deals.

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Speaker 2: Although I was watching TikTok the other day and someone said,

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Speaker 2: my biggest ick is people defaulting to churt GPT as

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Speaker 2: like their search engine, and I was like, wow, I

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Speaker 2: must be out here given everybody the ick, because I

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Speaker 2: got asked yesterday. Actually one of our teams. So when

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Speaker 2: was the last time you googled something, Victoria? And I

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Speaker 2: was like, oh, like yesterday, And they were like no,

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Speaker 2: but did you actually google it? Like how did you

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Speaker 2: look it up? And I said, asked, chat GPT, how

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Speaker 2: you replaced Google? I think so? I think so, And

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Speaker 2: I don't know if I want to admit that because

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Speaker 2: so many people are so against AI and like how

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Speaker 2: it works and like there's obviously a lot of arguments

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Speaker 2: around like how much energy it uses, and like I'm

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Speaker 2: still doing my research into that, but like, I'm so

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Speaker 2: sorry if there is a concept that I'm trying to

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Speaker 2: like Google and get a clean answer on chat GPT

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Speaker 2: just runs rings around Google when it comes to like hey,

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Speaker 2: can you explain this to me really quickly? Does it perfectly?

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Speaker 4: It just makes me nervous that like you're not verifying it,

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Speaker 4: like I just go you are.

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Speaker 2: So my chat GPT. I'm sorry, I'm sorry I have

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Speaker 2: her primed her by the way, Apparently that's another ick

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Speaker 2: for people that you gender, like that you gendered your

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Speaker 2: or humanized. I'm sorry you're a chat GPT, but that's

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Speaker 2: where I'm I'm actually at a point where I asked

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Speaker 2: chat GPT what her name was, and my chat GPT

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Speaker 2: is called Clara, So she said she thought that was

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Speaker 2: a sweet and soft name and it was like the

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Speaker 2: name of somebody, very helpful, and I was like, that's perfect, Clara,

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Speaker 2: lovely to meet you. I asked her to always prove

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Speaker 2: her sources, so I like read the response and then

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Speaker 2: it sends me to the ATO website. Amazing genius. She's

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Speaker 2: a genius. But yes, apparently I give people the ick

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Speaker 2: with that, and honestly, I think when I explain it,

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Speaker 2: I also give me the ick. So I need to

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Speaker 2: properly re evaluate my life choices.

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Speaker 6: It's okay, I just but also, do you have to

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Speaker 6: like log into chat gpt?

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Speaker 1: You do?

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Speaker 2: You do? But I'm just worried at some point, do

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Speaker 2: you remember Ashley Madison, like they're cheating sandal about like

295
00:13:20,800 --> 00:13:23,559
Speaker 2: that website anyway, So I'm worried that there's going to

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Speaker 2: be like a data leak similar for chat GPT. Your question, Like, girls,

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Speaker 2: I'm telling you right now, I would prefer my nudes

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Speaker 2: to be leaked across the internet, then my chat GPT

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Speaker 2: history to be refiled. Oh my god, that's fair.

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Speaker 6: Well, I literally don't use it just because of that,

301
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Speaker 6: but also like, yeah, the energy thing and stuff, I'm like,

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Speaker 6: I haven't looked into it myself, but I just know

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Speaker 6: I just.

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Speaker 2: Don't know enough about it, you know. I know that

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Speaker 2: people are saying that, but like I'm not educated enough

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Speaker 2: to have an opinion at this stage. That's so fair

307
00:13:53,679 --> 00:13:54,440
Speaker 2: and you're allowed.

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Speaker 6: Well, I have never chat gpt'd broke tips, but I

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Speaker 6: might think about that next week when I inevitably run

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Speaker 6: out and panic right before recording.

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Speaker 2: I'm gonna ask chat GPT for some broke tips. Yeah,

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00:14:09,000 --> 00:14:12,360
Speaker 2: maybe we could add next week a chat GPT broke tip. Yeah,

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Speaker 2: we'll be like this one comes from Clara. They can

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00:14:14,320 --> 00:14:19,320
Speaker 2: be so unhinged. Like sometimes I'm like, wow, when people

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Speaker 2: say you can really tell if people are using chat

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Speaker 2: GPT's because they're not proofreading their stuff and they're just

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Speaker 2: copying pasting this junk, I'm really scared of.

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Speaker 4: Yeah, you definitely need a human, like, you can't just

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Speaker 4: rely on chat.

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Speaker 2: She's not coming for my job anytime soon.

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Speaker 4: No.

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Speaker 6: And also like once you when someone accidentally leaves like

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Speaker 6: a little.

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Speaker 2: Like em dash, I know, I know it's because the

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00:14:40,120 --> 00:14:43,480
Speaker 2: m dash is in there. M dash the longer dash

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Speaker 2: in between sentences. I see, yes, if you are sending

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Speaker 2: me long emails that have the girl, I know that

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Speaker 2: you've chatted APA.

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Speaker 6: And immediately there's a disconnect and I'm like, I'm not

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Speaker 6: reading what a person wrote.

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Speaker 2: And you might try and argue with me and say, well,

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Speaker 2: that's chrammatically correct. You are. The M dash actually does

333
00:15:01,760 --> 00:15:05,400
Speaker 2: belong in that sentence, but ninety nine percent of people

334
00:15:05,520 --> 00:15:08,440
Speaker 2: historically haven't used it properly. So don't come at me

335
00:15:08,520 --> 00:15:11,440
Speaker 2: and say now you're completely grammatically correct in your emails,

336
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Speaker 2: and you're not right.

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Speaker 6: There's so many rules, you know, like I still don't

338
00:15:16,360 --> 00:15:18,560
Speaker 6: know where an apostrophe goes and when it goes where?

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Speaker 2: Oh do you want to because like I ast English?

340
00:15:22,200 --> 00:15:24,280
Speaker 2: Oh yeah, actually I might, I might. I just love

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Speaker 2: the rule though.

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Speaker 6: Every single day in my group chat, I'm like, if

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00:15:29,000 --> 00:15:31,120
Speaker 6: I'm saying this, do I put in a? And so

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00:15:31,360 --> 00:15:33,280
Speaker 6: like I don't know and now it's an M dash.

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Speaker 6: I'm just I don't know anymore. Anyway, carry like to

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Speaker 6: I would love some brakes tips. So this first one

347
00:15:40,360 --> 00:15:41,400
Speaker 6: comes from Lexi.

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Speaker 2: It's about tolls.

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Speaker 6: So there's apparently like a I actually have seen this

350
00:15:46,880 --> 00:15:48,320
Speaker 6: too in my linked account. I don't know if it's

351
00:15:48,320 --> 00:15:50,920
Speaker 6: like everywhere, but it's definitely in my Linke account.

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Speaker 2: I think Linked is everywhere. No, I don't know.

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Speaker 6: There's this thing called video matching fee, which is only

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00:15:55,280 --> 00:15:58,040
Speaker 6: like seventeen cents, but it's like if you drive through

355
00:15:58,080 --> 00:16:01,160
Speaker 6: the tolls and you I'm a TA tagless person, so

356
00:16:01,480 --> 00:16:05,240
Speaker 6: like match my plate to who I am in my

357
00:16:05,280 --> 00:16:05,960
Speaker 6: car and stuff like that.

358
00:16:05,960 --> 00:16:07,680
Speaker 2: So why don't you have a tag? I don't like

359
00:16:07,720 --> 00:16:11,120
Speaker 2: the beeping. I like to stick it. I just like

360
00:16:11,120 --> 00:16:13,080
Speaker 2: couldn't be bothered like sticking a whole thing.

361
00:16:13,400 --> 00:16:15,680
Speaker 6: I was like, I'm just gonna like go tagless and

362
00:16:15,720 --> 00:16:17,440
Speaker 6: then it will like so we'll match it and then

363
00:16:17,480 --> 00:16:19,760
Speaker 6: it will like charge my account or whatever in that

364
00:16:19,840 --> 00:16:22,080
Speaker 6: video matching fee. Yeah, it's really not that much money

365
00:16:22,160 --> 00:16:24,960
Speaker 6: if you do it once off, but maybe just check

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00:16:24,960 --> 00:16:27,720
Speaker 6: if you're tagless like me, or if you haven't put

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00:16:27,720 --> 00:16:30,680
Speaker 6: your tag up or you whatever it is, just check

368
00:16:30,680 --> 00:16:32,320
Speaker 6: your account and see if you're being charged with video

369
00:16:32,320 --> 00:16:34,400
Speaker 6: matching fee, because all you need to do is order

370
00:16:34,960 --> 00:16:37,040
Speaker 6: like a tag, and I think that they're free. Well

371
00:16:37,040 --> 00:16:38,920
Speaker 6: I got one for free. Anyway, you just like literally

372
00:16:39,080 --> 00:16:41,200
Speaker 6: chuck it on and you won't be charged at video

373
00:16:41,200 --> 00:16:43,360
Speaker 6: matching fee anymore. And it's really not much, but it

374
00:16:43,400 --> 00:16:45,840
Speaker 6: will add up over time if you do one hundred trips.

375
00:16:46,280 --> 00:16:48,480
Speaker 6: Was it a dollar seventy or something. No, it's more

376
00:16:48,520 --> 00:16:48,840
Speaker 6: than that.

377
00:16:48,960 --> 00:16:50,840
Speaker 2: It's more than and I just feel like it's like

378
00:16:50,920 --> 00:16:53,360
Speaker 2: fifty cents. I don't think it's like I think sometimes

379
00:16:53,400 --> 00:16:55,720
Speaker 2: it is. I think it's like fifty sieves because I

380
00:16:55,880 --> 00:16:58,960
Speaker 2: ran into this issue a little while ago, and this

381
00:16:59,120 --> 00:17:01,840
Speaker 2: is probably making me sound a lot like a wanker,

382
00:17:01,880 --> 00:17:04,639
Speaker 2: And that's fine because sometimes I am. I have a

383
00:17:04,680 --> 00:17:08,720
Speaker 2: car that has like the electronic like wind shield thing,

384
00:17:09,320 --> 00:17:11,280
Speaker 2: so like it's got like I don't know how to

385
00:17:11,320 --> 00:17:13,080
Speaker 2: explain it. I think it's got something to do with

386
00:17:13,119 --> 00:17:15,719
Speaker 2: the like cameras that are on my car. Right, So

387
00:17:16,320 --> 00:17:18,359
Speaker 2: an E tag when you put it on my car

388
00:17:18,600 --> 00:17:21,720
Speaker 2: can't be read through the windscreen, so I have to

389
00:17:21,760 --> 00:17:24,520
Speaker 2: be tagless. Like I could. I could put it somewhere

390
00:17:24,520 --> 00:17:26,159
Speaker 2: like on the middle of the dash or whatever, but

391
00:17:26,200 --> 00:17:28,480
Speaker 2: you can't put it where it needs to go. So

392
00:17:28,960 --> 00:17:31,720
Speaker 2: you get on the chat for linked and say, hey,

393
00:17:31,800 --> 00:17:33,359
Speaker 2: like my car doesn't do this, and they ask a

394
00:17:33,359 --> 00:17:36,720
Speaker 2: few questions and now my fee gets wave. Oh good,

395
00:17:36,720 --> 00:17:39,359
Speaker 2: and so I don't pay that at all. And I

396
00:17:39,480 --> 00:17:41,600
Speaker 2: also don't have a tag, but it's because my car

397
00:17:41,680 --> 00:17:44,240
Speaker 2: doesn't allow it. Whoa Eric, all of.

398
00:17:44,240 --> 00:17:47,440
Speaker 5: A sudden, you've got a push too, and just say exactly.

399
00:17:47,200 --> 00:17:52,639
Speaker 2: Like if you apply a ridiculously expensive car absolutely do

400
00:17:52,760 --> 00:17:55,520
Speaker 2: not need you could actually save like what was it

401
00:17:55,560 --> 00:17:57,600
Speaker 2: a dollars? Even you or you can just.

402
00:17:57,560 --> 00:17:58,359
Speaker 5: Pretend that you have that.

403
00:17:58,960 --> 00:18:03,000
Speaker 2: Yeah, all you say your dolls like maybe maybe lives

404
00:18:03,000 --> 00:18:04,919
Speaker 2: they're gonna come for me, but like why don't you

405
00:18:04,960 --> 00:18:07,080
Speaker 2: just get on group chat and just or group chat

406
00:18:07,119 --> 00:18:09,760
Speaker 2: or whatever instant messenger with them and be like hey,

407
00:18:09,880 --> 00:18:11,720
Speaker 2: like I just I have it on my dash, but

408
00:18:11,880 --> 00:18:14,600
Speaker 2: like it never scars, Like what's up with that? Like

409
00:18:14,640 --> 00:18:16,400
Speaker 2: could they have a Porsche And they'll be like, bitch,

410
00:18:16,400 --> 00:18:22,520
Speaker 2: we have eyes video and you'll be sorry twenty box

411
00:18:23,080 --> 00:18:26,960
Speaker 2: it is twenty twenty five. I identify that that is a Paul, Like,

412
00:18:27,000 --> 00:18:30,880
Speaker 2: who's to say it's not, you know, sorry, we can

413
00:18:30,960 --> 00:18:33,440
Speaker 2: like cry the badge off mine with a fork and

414
00:18:33,520 --> 00:18:34,479
Speaker 2: stick it on yours.

415
00:18:34,520 --> 00:18:36,240
Speaker 6: Oh my god, that's a good idea.

416
00:18:36,359 --> 00:18:37,399
Speaker 2: I think it's a great idea.

417
00:18:37,560 --> 00:18:39,200
Speaker 5: Hilarious. I didn't even cross my.

418
00:18:40,720 --> 00:18:42,440
Speaker 6: You know what would be literally look at the card

419
00:18:42,480 --> 00:18:43,320
Speaker 6: of match thing.

420
00:18:43,640 --> 00:18:46,560
Speaker 2: Sorry, I would love to see someone order like just

421
00:18:46,960 --> 00:18:49,399
Speaker 2: surely on eBay you can buy like car badges or

422
00:18:49,440 --> 00:18:53,080
Speaker 2: something and just like deck out their Camri totally as

423
00:18:53,080 --> 00:18:56,320
Speaker 2: a Lamborghini or all of this. Yeah, I don't have

424
00:18:56,359 --> 00:18:59,480
Speaker 2: a sticker that that is like the shape of a Ferrarie. Yeah,

425
00:18:59,520 --> 00:19:00,879
Speaker 2: but can we I thought, like, you know, like the

426
00:19:01,000 --> 00:19:03,879
Speaker 2: silver things on the cart, like the Toyota sign or whatever,

427
00:19:03,920 --> 00:19:05,520
Speaker 2: can we pry that off with a four and put

428
00:19:05,520 --> 00:19:06,000
Speaker 2: a lambow?

429
00:19:06,040 --> 00:19:06,320
Speaker 4: Why not?

430
00:19:06,400 --> 00:19:06,480
Speaker 1: It?

431
00:19:06,520 --> 00:19:08,280
Speaker 2: I just think that would be great. Why not? I

432
00:19:08,280 --> 00:19:15,040
Speaker 2: think ferrari it's red. The story checks out. I'd believe that.

433
00:19:15,200 --> 00:19:16,959
Speaker 2: I believe that what orether Breake tips have you got,

434
00:19:17,000 --> 00:19:19,720
Speaker 2: because like those weren't very good tips from me? Great

435
00:19:19,720 --> 00:19:22,200
Speaker 2: tip from you, though, thank you. This sex one comes

436
00:19:22,240 --> 00:19:23,520
Speaker 2: from Linda. This is great.

437
00:19:23,960 --> 00:19:28,080
Speaker 6: So Linda says, if you buy the extra large round

438
00:19:28,320 --> 00:19:31,800
Speaker 6: pimple patches and cut them into smaller pieces, you get

439
00:19:31,840 --> 00:19:33,880
Speaker 6: way more patches and you can make them as big

440
00:19:33,920 --> 00:19:35,480
Speaker 6: or as small as you need, which I think is

441
00:19:35,520 --> 00:19:37,760
Speaker 6: a gorgeous idea. I never thought of that, but it

442
00:19:37,760 --> 00:19:41,040
Speaker 6: makes sense. But I have also never seen like what's

443
00:19:41,119 --> 00:19:42,800
Speaker 6: extra large? Like is it like the size of a

444
00:19:43,400 --> 00:19:45,280
Speaker 6: palm or is it like surely not?

445
00:19:45,760 --> 00:19:46,239
Speaker 2: Surely not?

446
00:19:46,840 --> 00:19:49,479
Speaker 6: But I think do that I know how this sounds.

447
00:19:49,520 --> 00:19:51,040
Speaker 6: I don't want to sound like a wain cart, but

448
00:19:51,080 --> 00:19:53,040
Speaker 6: I have never had to talking.

449
00:19:52,720 --> 00:19:55,760
Speaker 2: About me driving a Porsche, which were never actually mentioned

450
00:19:55,800 --> 00:19:57,600
Speaker 2: on the show, because I'm always like, oh, that's like

451
00:19:57,720 --> 00:20:00,800
Speaker 2: not very relatable, like people don't need know that, Like

452
00:20:00,840 --> 00:20:06,000
Speaker 2: that's not you know, if you end.

453
00:20:05,920 --> 00:20:08,960
Speaker 6: Up getting rich because you've worked for it, the first

454
00:20:08,960 --> 00:20:10,879
Speaker 6: thing you're going to do is buy a port you

455
00:20:10,880 --> 00:20:11,360
Speaker 6: know what I mean.

456
00:20:12,240 --> 00:20:15,720
Speaker 2: I do love the car, a car like gorgeous car.

457
00:20:15,880 --> 00:20:19,200
Speaker 2: I do like it. Ten out of ten? Was it?

458
00:20:19,320 --> 00:20:22,320
Speaker 2: Was it a financially sound decision? Absolutely?

459
00:20:22,359 --> 00:20:22,439
Speaker 1: Not?

460
00:20:23,920 --> 00:20:26,560
Speaker 6: Servicing petrol just like dumb, like.

461
00:20:26,560 --> 00:20:29,000
Speaker 2: Actually dumb, Like if you ask me if that's a

462
00:20:29,040 --> 00:20:31,639
Speaker 2: good financial decision, absolutely not. Would I recommend that you

463
00:20:31,640 --> 00:20:33,720
Speaker 2: get one? Absolutely not. Is it the best thing in

464
00:20:33,720 --> 00:20:35,280
Speaker 2: the entire world? Draft? Absolutely?

465
00:20:35,320 --> 00:20:36,200
Speaker 5: Would you like a urn?

466
00:20:36,520 --> 00:20:38,679
Speaker 2: Do you want to come and have a turn? Like

467
00:20:39,160 --> 00:20:40,000
Speaker 2: I do want to have a turn?

468
00:20:40,080 --> 00:20:40,280
Speaker 4: Yeah?

469
00:20:40,280 --> 00:20:43,159
Speaker 2: Great? Out of ten, we've got video evidence of you

470
00:20:43,240 --> 00:20:45,520
Speaker 2: having a turn and then throwing my keys across a garden,

471
00:20:46,600 --> 00:20:50,640
Speaker 2: so like I mean said, that's a linked.

472
00:20:51,359 --> 00:20:52,160
Speaker 5: My car yeat.

473
00:20:52,680 --> 00:20:53,440
Speaker 2: Yeah.

474
00:20:53,520 --> 00:20:56,920
Speaker 6: Yeah, for context those listening, I did we just record

475
00:20:56,920 --> 00:20:58,679
Speaker 6: a little video of me getting out of Victoria's car,

476
00:20:58,840 --> 00:21:01,000
Speaker 6: making it look like it's my car, not my car.

477
00:21:02,440 --> 00:21:06,080
Speaker 2: MLM video. If anyone missed that, yes, and it's very good.

478
00:21:06,240 --> 00:21:09,199
Speaker 2: I feel like that didn't get enough, like airtime. We

479
00:21:09,280 --> 00:21:12,439
Speaker 2: just need to bring it back so fair and my

480
00:21:12,600 --> 00:21:13,040
Speaker 2: broke tip.

481
00:21:13,119 --> 00:21:15,159
Speaker 6: So I went to Sydney and I had to go

482
00:21:15,200 --> 00:21:17,920
Speaker 6: to I went to the Sydney office and I'm telling Sydney,

483
00:21:18,359 --> 00:21:21,239
Speaker 6: don't get me started. First, we can't park at the

484
00:21:21,280 --> 00:21:24,600
Speaker 6: airport like a regular person just picking up a regular person,

485
00:21:24,720 --> 00:21:25,960
Speaker 6: you know what I mean. I think you have to

486
00:21:25,960 --> 00:21:28,920
Speaker 6: go into a car park, which is like you got

487
00:21:28,920 --> 00:21:30,480
Speaker 6: to pay for that, I think. I mean, I could

488
00:21:30,520 --> 00:21:32,159
Speaker 6: be wrong and someone's from Sydney and they're like, no,

489
00:21:32,200 --> 00:21:35,359
Speaker 6: there is a special spot that is hidden or like

490
00:21:35,840 --> 00:21:37,879
Speaker 6: not visible to the human eye. Then let me know.

491
00:21:37,920 --> 00:21:40,320
Speaker 6: Because I drove around, I couldn't find anyway. Parking in

492
00:21:40,320 --> 00:21:44,560
Speaker 6: Sydney is really annoying and everything is so expensive. So

493
00:21:44,600 --> 00:21:46,760
Speaker 6: I to go to the Sydney office. This airport thing

494
00:21:46,800 --> 00:21:48,439
Speaker 6: is completely irrelevant. I just wanted to say that and

495
00:21:48,520 --> 00:21:49,359
Speaker 6: get it off my chest.

496
00:21:50,200 --> 00:21:52,120
Speaker 2: I'm just really mad about it. So my broke tip's

497
00:21:52,160 --> 00:21:54,920
Speaker 2: actually about bananas.

498
00:21:55,960 --> 00:21:56,280
Speaker 5: But no.

499
00:21:56,720 --> 00:21:58,560
Speaker 6: So I went to the Sydney office to work and

500
00:21:58,840 --> 00:22:01,080
Speaker 6: there was a day it was the day before payday,

501
00:22:01,400 --> 00:22:03,160
Speaker 6: and I was like, guys, I literally can't come into

502
00:22:03,160 --> 00:22:05,919
Speaker 6: the office. I cannot afford it because an it's hourly

503
00:22:05,960 --> 00:22:09,920
Speaker 6: parking of like seven dollars an hour, or you go

504
00:22:10,200 --> 00:22:12,760
Speaker 6: into a car park which is thirty dollars for the day,

505
00:22:13,119 --> 00:22:14,720
Speaker 6: and I was like, I don't have that kind of money,

506
00:22:14,720 --> 00:22:15,840
Speaker 6: so I'm just not going to come to the office.

507
00:22:15,880 --> 00:22:16,240
Speaker 2: Anyway.

508
00:22:16,680 --> 00:22:19,800
Speaker 6: It's not like that here in Melbourne. You can probably

509
00:22:19,880 --> 00:22:22,200
Speaker 6: park where you work unless you're in the city, of course,

510
00:22:22,240 --> 00:22:22,800
Speaker 6: and most.

511
00:22:22,560 --> 00:22:26,040
Speaker 2: Public transport to the office. And then because they're opal

512
00:22:26,280 --> 00:22:27,560
Speaker 2: they have opal not my key.

513
00:22:27,720 --> 00:22:29,400
Speaker 6: Yeah from memory, I don't know if it's still a thing,

514
00:22:29,560 --> 00:22:32,840
Speaker 6: but it's like it's like eight dollars one way peak

515
00:22:32,880 --> 00:22:35,119
Speaker 6: hour or something, and I was like I'm not gonna

516
00:22:35,359 --> 00:22:38,000
Speaker 6: I can't, you know. I was really also just like

517
00:22:38,080 --> 00:22:40,480
Speaker 6: kind of being stubborn, and I was really irritated by

518
00:22:40,760 --> 00:22:44,600
Speaker 6: the amount of money everything is. But anyway, so the

519
00:22:44,680 --> 00:22:46,840
Speaker 6: day I got paid, I went in and I was like, cool,

520
00:22:46,840 --> 00:22:49,679
Speaker 6: I'm going to pay for my parking, but usually you

521
00:22:49,800 --> 00:22:52,440
Speaker 6: use your phone. You do like, there's this pay day.

522
00:22:52,600 --> 00:22:54,520
Speaker 6: I think we have pays day here and you, you know,

523
00:22:54,560 --> 00:22:56,920
Speaker 6: you do your hourly thing. I tried to find the

524
00:22:56,960 --> 00:22:58,920
Speaker 6: cheapest one, but it was still more expensive for my phone.

525
00:22:58,960 --> 00:23:01,719
Speaker 6: I was like, why the hell hell is this a

526
00:23:01,760 --> 00:23:04,840
Speaker 6: dollar forty more an hour? And I went to the

527
00:23:05,080 --> 00:23:08,159
Speaker 6: meter and it was a dollar forty cheaper and I

528
00:23:08,200 --> 00:23:10,120
Speaker 6: was like, oh, okay. So I just want to let

529
00:23:10,119 --> 00:23:13,560
Speaker 6: everyone know that if you're a little bit broke like

530
00:23:13,680 --> 00:23:16,920
Speaker 6: me and you can't afford parking in the city, which

531
00:23:16,920 --> 00:23:19,159
Speaker 6: is ridiculous, we should all be able to afford that,

532
00:23:19,480 --> 00:23:22,720
Speaker 6: but go to the meta instead and they won't charge

533
00:23:22,720 --> 00:23:26,240
Speaker 6: you the GST all this stuff on top of that, which, yeah,

534
00:23:26,240 --> 00:23:29,679
Speaker 6: I feel like it's an app, it should be extend.

535
00:23:30,040 --> 00:23:32,920
Speaker 2: I feel that would be easier for everybody. Two different prices.

536
00:23:32,960 --> 00:23:34,280
Speaker 6: I don't know if it's everywhere, don know if it's

537
00:23:34,359 --> 00:23:37,080
Speaker 6: in Melbourne, but in Sydney it is two different prices.

538
00:23:37,119 --> 00:23:38,760
Speaker 2: It is more expensive if you use that app.

539
00:23:38,960 --> 00:23:41,600
Speaker 6: It's like it does show you the price that shows

540
00:23:41,600 --> 00:23:44,040
Speaker 6: you on the Meta, but then it adds a dollar here,

541
00:23:44,160 --> 00:23:45,120
Speaker 6: a dollar there, Like.

542
00:23:45,080 --> 00:23:46,440
Speaker 2: It's it's crazy.

543
00:23:46,800 --> 00:23:49,719
Speaker 6: I hate that, So pay at the met is all

544
00:23:49,720 --> 00:23:51,960
Speaker 6: I want to saying, sorry for that long the long.

545
00:23:51,880 --> 00:23:55,600
Speaker 2: But I also that's so annoying and taking advantage of convenience.

546
00:23:56,200 --> 00:23:59,879
Speaker 2: Yeah I know. Also sorry, can we just rewind? Have

547
00:24:00,160 --> 00:24:01,920
Speaker 2: to pay thirty dollars to park at work?

548
00:24:02,160 --> 00:24:02,320
Speaker 6: Yeah?

549
00:24:02,359 --> 00:24:04,920
Speaker 2: Crazy? Crazy? Absolutely no sevens an hour?

550
00:24:05,000 --> 00:24:07,400
Speaker 6: Like oh no, actually it might have even been eight

551
00:24:07,440 --> 00:24:09,639
Speaker 6: dollars from for where I had to park, and it

552
00:24:09,680 --> 00:24:11,160
Speaker 6: was like, that's what sixty bucks a day?

553
00:24:11,240 --> 00:24:16,000
Speaker 2: Absolutely not ridiculous. Anyway, Sorry, I like that. I like that.

554
00:24:16,200 --> 00:24:18,080
Speaker 2: Let's leave that one right there. Let's go to a

555
00:24:18,119 --> 00:24:19,840
Speaker 2: quick break because on the flip side, we're going to

556
00:24:19,920 --> 00:24:21,640
Speaker 2: be talking about whether you should take some of your

557
00:24:21,680 --> 00:24:25,840
Speaker 2: current monthly savings and start investing them. And I'm kind

558
00:24:25,840 --> 00:24:28,119
Speaker 2: of excited to talk about this, but also like, I

559
00:24:28,240 --> 00:24:30,359
Speaker 2: want to see what the hell everybody else thinks. You

560
00:24:30,400 --> 00:24:32,359
Speaker 2: sleid into our DMS and you asked, what do you

561
00:24:32,359 --> 00:24:34,280
Speaker 2: do when your sibling is pressuring you to join them

562
00:24:34,320 --> 00:24:36,600
Speaker 2: and going to your parents to ask for your inheritance?

563
00:24:36,680 --> 00:24:40,879
Speaker 2: Only sorry, we're going to get to that after this break.

564
00:24:44,480 --> 00:24:46,840
Speaker 5: Welcome back, everybody. Let's take a listen to this week's

565
00:24:46,880 --> 00:24:47,640
Speaker 5: money dilemma.

566
00:24:50,440 --> 00:24:52,800
Speaker 7: Hi, there, have you got a money dilemma you just

567
00:24:52,840 --> 00:24:55,360
Speaker 7: can't solve. The Sheese on the Money team is here

568
00:24:55,400 --> 00:24:58,640
Speaker 7: to help. Every week, we tackle your dilemmas, both big

569
00:24:58,680 --> 00:25:01,439
Speaker 7: and small, to answer your most burning money, career and

570
00:25:01,480 --> 00:25:04,640
Speaker 7: life questions. To get involved, simply head to our website

571
00:25:04,680 --> 00:25:06,800
Speaker 7: and leave us a short voice recording and you might

572
00:25:06,880 --> 00:25:09,399
Speaker 7: just find yourself on the show. Now, let's take a

573
00:25:09,440 --> 00:25:11,200
Speaker 7: listen to this week's money dilemma.

574
00:25:15,560 --> 00:25:19,720
Speaker 8: So I'm able to say between let's say two fifty

575
00:25:19,880 --> 00:25:20,399
Speaker 8: a month or.

576
00:25:20,400 --> 00:25:21,560
Speaker 2: Five hundred pounds a month.

577
00:25:22,280 --> 00:25:24,480
Speaker 8: But I'm starting to think, actually, should I split that

578
00:25:24,560 --> 00:25:27,000
Speaker 8: and do two fifty in investment and two fifty in

579
00:25:27,040 --> 00:25:31,760
Speaker 8: savings Because the investment that I'm putting into savings, like,

580
00:25:31,880 --> 00:25:36,359
Speaker 8: for example, I'm getting about sixteen pounds a month back

581
00:25:36,400 --> 00:25:39,879
Speaker 8: from like savings interest, but I think I could do more. However,

582
00:25:39,920 --> 00:25:42,480
Speaker 8: I don't know if investing suits somebody that for example,

583
00:25:42,520 --> 00:25:45,520
Speaker 8: the reason why I'm wanting to save money and to

584
00:25:45,560 --> 00:25:47,879
Speaker 8: build a bit of a background and to have a

585
00:25:47,920 --> 00:25:50,080
Speaker 8: bit of a chunk of money so that we can

586
00:25:50,119 --> 00:25:51,720
Speaker 8: have a baby one day, and that we can get

587
00:25:51,760 --> 00:25:53,520
Speaker 8: married one day and we can go on holiday and

588
00:25:53,520 --> 00:25:56,960
Speaker 8: stuff like that, I'm not necessarily thinking about like retirement

589
00:25:57,080 --> 00:25:59,320
Speaker 8: just yet, which is where then I'm thinking do I

590
00:25:59,359 --> 00:26:04,119
Speaker 8: then split savings and split investment. But I'm new to investing,

591
00:26:04,160 --> 00:26:06,840
Speaker 8: haven't done it, and so I would appreciate any sort

592
00:26:06,840 --> 00:26:08,240
Speaker 8: of guidance.

593
00:26:09,080 --> 00:26:12,000
Speaker 2: Thank you. That's fun. We've got an international friend.

594
00:26:12,240 --> 00:26:14,600
Speaker 4: I love the accent. I wish I sounded like you

595
00:26:14,920 --> 00:26:20,320
Speaker 4: sound so polished. Yeah, fancy, what would you guys do?

596
00:26:20,480 --> 00:26:23,160
Speaker 4: Jess Well, I think we've said it before. It sound

597
00:26:23,200 --> 00:26:26,560
Speaker 4: like a broken record, but you obviously not financial advice.

598
00:26:26,600 --> 00:26:28,879
Speaker 4: Different strategies for different people, but you really shouldn't be

599
00:26:28,920 --> 00:26:31,520
Speaker 4: investing money that you want to access in a short term.

600
00:26:31,560 --> 00:26:34,760
Speaker 4: I think typically VD you recommend between seven and ten years,

601
00:26:34,880 --> 00:26:37,280
Speaker 4: do you know to ride out the waves?

602
00:26:37,359 --> 00:26:39,120
Speaker 5: Again, obviously not advice.

603
00:26:39,320 --> 00:26:42,240
Speaker 4: So I would say it depends on how much you

604
00:26:42,240 --> 00:26:45,320
Speaker 4: want to prioritize the different goals. So if you can

605
00:26:45,400 --> 00:26:48,520
Speaker 4: afford to put some money into your investments and you

606
00:26:48,600 --> 00:26:51,280
Speaker 4: won't need to access it within that time period, then

607
00:26:51,280 --> 00:26:53,679
Speaker 4: I would say it's great, because time in the market

608
00:26:53,760 --> 00:26:56,359
Speaker 4: is everything, and even if it's a small little amount now,

609
00:26:56,640 --> 00:26:59,520
Speaker 4: it's much better than nothing. But if you don't have

610
00:26:59,560 --> 00:27:01,080
Speaker 4: a lot of fla spility in your budget, which I

611
00:27:01,080 --> 00:27:03,240
Speaker 4: know a lot of us don't at the moment, particularly

612
00:27:03,280 --> 00:27:06,600
Speaker 4: with big life events like kids and weddings and holidays.

613
00:27:06,640 --> 00:27:09,520
Speaker 4: Then it might be smarter, even though it might not

614
00:27:09,680 --> 00:27:12,520
Speaker 4: maximize your returns. It may be better for you to

615
00:27:12,600 --> 00:27:14,520
Speaker 4: pop it in, say things where you know you can

616
00:27:14,560 --> 00:27:17,479
Speaker 4: access it, you know, whenever you decide you want to

617
00:27:17,720 --> 00:27:19,440
Speaker 4: start chasing after those goals.

618
00:27:21,200 --> 00:27:22,479
Speaker 2: Yeah, I was going to say a similar thing.

619
00:27:22,800 --> 00:27:25,560
Speaker 6: There are like, you know, other things that are you know,

620
00:27:25,640 --> 00:27:28,040
Speaker 6: like term deposits and things where you have more control over,

621
00:27:28,119 --> 00:27:30,480
Speaker 6: Like say you just want to do like one year

622
00:27:31,240 --> 00:27:34,840
Speaker 6: at I mean, I think this is generally the amount.

623
00:27:34,880 --> 00:27:37,720
Speaker 6: It's like five percent interest, So it's not nothing crazy,

624
00:27:37,800 --> 00:27:39,040
Speaker 6: but it's like at least it feels like, you know,

625
00:27:39,080 --> 00:27:42,919
Speaker 6: it's like guaranteed and then you can access that amount

626
00:27:42,920 --> 00:27:45,040
Speaker 6: of money after a certain time. It's just like locked away.

627
00:27:45,880 --> 00:27:49,720
Speaker 6: You are getting interest, and I feel like, I can't

628
00:27:49,720 --> 00:27:52,200
Speaker 6: say guaranteed, but it is guaranteed, right if it's a

629
00:27:52,280 --> 00:27:54,080
Speaker 6: term deposit for like four point nine.

630
00:27:54,040 --> 00:27:56,560
Speaker 2: Five ye, yeah, for the period of time that it

631
00:27:56,600 --> 00:27:59,639
Speaker 2: would be agreed to terms and conditions. It would be

632
00:27:59,720 --> 00:28:02,159
Speaker 2: like for the next twelve months or whatever. Yeah.

633
00:28:02,280 --> 00:28:05,040
Speaker 6: Yeah, So it's like a definite like if you put

634
00:28:05,080 --> 00:28:07,040
Speaker 6: in an investment, you put your money in like you know,

635
00:28:07,160 --> 00:28:09,840
Speaker 6: shares or or whatever it is, and you may return

636
00:28:09,880 --> 00:28:12,639
Speaker 6: five percent, you may even lose or make or whatever

637
00:28:12,680 --> 00:28:15,200
Speaker 6: it is, but it just kind of feels more like secure,

638
00:28:15,359 --> 00:28:17,560
Speaker 6: more like and then you can figure out how much

639
00:28:17,560 --> 00:28:18,960
Speaker 6: you'll have at the end of the year. I would

640
00:28:19,000 --> 00:28:21,600
Speaker 6: probably do that if I had like that kind of money.

641
00:28:22,440 --> 00:28:25,360
Speaker 2: I think it's a really good thing that you're considering

642
00:28:25,400 --> 00:28:27,760
Speaker 2: investing because you just told me that you want to

643
00:28:27,880 --> 00:28:30,200
Speaker 2: have a baby, and you want to you know, get

644
00:28:30,200 --> 00:28:33,760
Speaker 2: married and do all these things, which fantastic. They do

645
00:28:33,840 --> 00:28:35,879
Speaker 2: require savings, but you just told me you want to

646
00:28:35,880 --> 00:28:38,040
Speaker 2: build a life with somebody. You told me that you

647
00:28:38,080 --> 00:28:40,560
Speaker 2: want to like put down your roots and like settle

648
00:28:40,600 --> 00:28:44,320
Speaker 2: with them and be financially stable and financially confident. And

649
00:28:44,360 --> 00:28:46,280
Speaker 2: to me, that means that you would have a good

650
00:28:46,360 --> 00:28:48,640
Speaker 2: financial backing. And yes, you might not be able to

651
00:28:48,720 --> 00:28:50,520
Speaker 2: pull all that money out, and when we say not

652
00:28:50,600 --> 00:28:53,760
Speaker 2: able to you absolutely can. And I always say invest

653
00:28:53,800 --> 00:28:56,680
Speaker 2: for a minimum of ten years ish, like seven to

654
00:28:56,680 --> 00:28:59,760
Speaker 2: ten in a perfect world, because that's when compound interests

655
00:28:59,800 --> 00:29:02,440
Speaker 2: really starts. To kick in and things get real magic.

656
00:29:02,720 --> 00:29:04,560
Speaker 2: It's not because you're not going to make money in

657
00:29:04,600 --> 00:29:07,240
Speaker 2: the short term, like you will. It will be more

658
00:29:07,280 --> 00:29:10,840
Speaker 2: than your usually more than your savings account will. But also,

659
00:29:11,080 --> 00:29:13,160
Speaker 2: what if the market goes down a little bit, Like

660
00:29:13,360 --> 00:29:15,080
Speaker 2: you don't want to be in a sticky situation where

661
00:29:15,080 --> 00:29:16,680
Speaker 2: you're like, yep, I'm saving for a house and I've

662
00:29:16,680 --> 00:29:19,120
Speaker 2: popped all of my money into my investment account. I'm

663
00:29:19,120 --> 00:29:21,120
Speaker 2: going to buy in the next twelve months. And then

664
00:29:21,480 --> 00:29:23,520
Speaker 2: you're so excited because you've got the right amount of money,

665
00:29:23,560 --> 00:29:25,800
Speaker 2: and then the market dips a bit and you've lost

666
00:29:25,840 --> 00:29:28,720
Speaker 2: like ten percent of your deposit and you're like, well,

667
00:29:29,040 --> 00:29:31,360
Speaker 2: now I've lost ten percent of my deposit. You haven't

668
00:29:31,400 --> 00:29:34,000
Speaker 2: actually lost it. It's just worthless at the moment. And

669
00:29:34,040 --> 00:29:35,840
Speaker 2: what I would say is you need to ride the

670
00:29:35,880 --> 00:29:38,960
Speaker 2: market out until it recovers. But like we do see

671
00:29:39,000 --> 00:29:41,320
Speaker 2: a lot of people because like, let's be honest, it's

672
00:29:41,320 --> 00:29:43,360
Speaker 2: twenty twenty five. It doesn't take one or two years

673
00:29:43,360 --> 00:29:45,719
Speaker 2: to save the house deposit. Most of the people in

674
00:29:45,720 --> 00:29:48,600
Speaker 2: our community it's seven to ten years saving anyway, like

675
00:29:49,000 --> 00:29:52,200
Speaker 2: that could become part of your strategy. It could become

676
00:29:52,320 --> 00:29:55,160
Speaker 2: part of the plan. Does that mean that you put

677
00:29:55,200 --> 00:29:57,560
Speaker 2: all the money in investing? Absolutely not. It sounds like

678
00:29:57,560 --> 00:29:59,440
Speaker 2: you've got some big life goals that are going to

679
00:29:59,440 --> 00:30:01,880
Speaker 2: require some cash. But to give you a little bit

680
00:30:01,920 --> 00:30:03,960
Speaker 2: of perspective, if you like, took and I've done this

681
00:30:04,000 --> 00:30:07,600
Speaker 2: in pounds, but the same is convertible for our dollars.

682
00:30:07,920 --> 00:30:10,040
Speaker 2: But if you took like two hundred pounds, which I

683
00:30:10,040 --> 00:30:13,640
Speaker 2: think makes sense given the numbers you gave us, and

684
00:30:13,760 --> 00:30:17,440
Speaker 2: you just kept saving that after twenty years, that two

685
00:30:17,560 --> 00:30:21,360
Speaker 2: hundred pounds is worth forty eight thousand pounds, right, But

686
00:30:21,960 --> 00:30:24,360
Speaker 2: if you had invested it, you actually would have one

687
00:30:24,400 --> 00:30:27,840
Speaker 2: hundred and fifty three thousand pounds. So I think the

688
00:30:27,920 --> 00:30:31,440
Speaker 2: difference there. If you're having kids and you are going

689
00:30:31,480 --> 00:30:34,480
Speaker 2: to be, you know, getting married, do you want that

690
00:30:34,600 --> 00:30:38,760
Speaker 2: marriage to have a solid base like in ten twenty years?

691
00:30:38,960 --> 00:30:41,120
Speaker 2: Like do you want to have kids in Like, let's

692
00:30:41,160 --> 00:30:44,640
Speaker 2: pretend like everything goes really smoothly, whack out some kids.

693
00:30:44,680 --> 00:30:48,480
Speaker 2: Everything is good in twenty years, Like, let's pretend kids

694
00:30:48,520 --> 00:30:51,600
Speaker 2: are a few years off, you've got late teenagers, Like

695
00:30:51,760 --> 00:30:54,440
Speaker 2: do you want that financial security when that happens? Like,

696
00:30:54,720 --> 00:30:57,360
Speaker 2: I know that these aren't sexy things to talk about.

697
00:30:57,400 --> 00:30:59,640
Speaker 2: But I just know if I've got teenagers, of course

698
00:30:59,680 --> 00:31:02,040
Speaker 2: I want a level of financial security. And yes, my

699
00:31:02,880 --> 00:31:05,360
Speaker 2: wedding is really exciting, and you know, being able to

700
00:31:05,360 --> 00:31:08,880
Speaker 2: have a baby is exciting, but like the financial security

701
00:31:08,920 --> 00:31:12,440
Speaker 2: aspect I feel like is really it makes me feel

702
00:31:12,520 --> 00:31:16,480
Speaker 2: very safe. So like, yes, I would be considering investing,

703
00:31:16,600 --> 00:31:18,760
Speaker 2: but like, do your risk profile work out what would

704
00:31:18,760 --> 00:31:20,280
Speaker 2: work for you? And I mean the fact that you're

705
00:31:20,280 --> 00:31:22,800
Speaker 2: listening to Sheese on the Money and you're asking that

706
00:31:22,920 --> 00:31:26,240
Speaker 2: question probably means you're ready to take the leap. And

707
00:31:26,280 --> 00:31:28,560
Speaker 2: we have a whole investing series that you could listen

708
00:31:28,600 --> 00:31:31,040
Speaker 2: to to work out like what the best investment for

709
00:31:31,080 --> 00:31:33,520
Speaker 2: you is and how to invest in like what that

710
00:31:33,640 --> 00:31:36,640
Speaker 2: might look like, because I've said it before on the

711
00:31:36,680 --> 00:31:39,200
Speaker 2: podcast and it can feel a bit disheartening. But if

712
00:31:39,240 --> 00:31:42,120
Speaker 2: you are not investing your money over the long term,

713
00:31:42,120 --> 00:31:45,360
Speaker 2: you're going backwards, like you are losing money because the

714
00:31:45,440 --> 00:31:47,920
Speaker 2: rate of inflation is higher than the rate you will

715
00:31:47,960 --> 00:31:51,000
Speaker 2: ever get on your savings account. So if you think, oh,

716
00:31:51,000 --> 00:31:53,560
Speaker 2: but it's okay, I'm getting a little bit that's so sexy,

717
00:31:53,680 --> 00:31:56,520
Speaker 2: but you're also paying tax on that sixteen pounds that

718
00:31:56,600 --> 00:31:59,920
Speaker 2: you're you're getting every single month because that's an income

719
00:32:00,120 --> 00:32:04,120
Speaker 2: coming in and all income is taxable. So it's just

720
00:32:04,880 --> 00:32:07,520
Speaker 2: it feels a little bit or I often feel like

721
00:32:07,680 --> 00:32:10,080
Speaker 2: people can feel a bit defeated when I start going, well,

722
00:32:10,120 --> 00:32:11,719
Speaker 2: actually it's not as good as you think it is,

723
00:32:12,280 --> 00:32:15,120
Speaker 2: Whereas inside an investment you're going to be a little

724
00:32:15,120 --> 00:32:17,200
Speaker 2: bit stronger, a little bit better off, you know, I

725
00:32:17,200 --> 00:32:20,479
Speaker 2: mean shameless plug. Our Investing Masterclass is also open, and

726
00:32:20,520 --> 00:32:23,959
Speaker 2: I would highly recommend joining that because at the end

727
00:32:23,960 --> 00:32:26,200
Speaker 2: of the day, it is the time and the energy

728
00:32:26,240 --> 00:32:27,840
Speaker 2: and the effort that I can sit down with you

729
00:32:27,960 --> 00:32:30,760
Speaker 2: and actually put you on the right track to getting

730
00:32:30,800 --> 00:32:34,040
Speaker 2: invested and teaching you the nitty gritty of absolutely everything

731
00:32:34,080 --> 00:32:36,959
Speaker 2: so you can be a confident investor, not just a

732
00:32:37,320 --> 00:32:39,480
Speaker 2: oh yeah, I started investing and I'm not really sure

733
00:32:39,480 --> 00:32:43,400
Speaker 2: what I'm doing. Like this is the step by step playbook.

734
00:32:43,600 --> 00:32:47,280
Speaker 2: All right, let's get into our DM. Are you guys ready?

735
00:32:48,200 --> 00:32:49,520
Speaker 2: I feel like this is going to be a little

736
00:32:49,520 --> 00:32:53,360
Speaker 2: bit spicy. Hey, she's on the money. So my parents

737
00:32:53,400 --> 00:32:57,200
Speaker 2: are selling their house to downsize. They're really financially comfortable,

738
00:32:57,440 --> 00:33:00,760
Speaker 2: had a planner for years, totally set themselves up. Although

739
00:33:00,840 --> 00:33:03,239
Speaker 2: we have never directly spoken about it, and I am

740
00:33:03,280 --> 00:33:06,560
Speaker 2: assuming there is going to be some sort of sizeable inheritance.

741
00:33:07,120 --> 00:33:09,520
Speaker 2: My brother has now started to push that we all

742
00:33:09,520 --> 00:33:13,200
Speaker 2: banned together and ask for our inheritance early. He's sending

743
00:33:13,240 --> 00:33:15,959
Speaker 2: group text about how it just makes sense and how

744
00:33:16,040 --> 00:33:18,440
Speaker 2: we're all struggling with mortgages and debts, so why not

745
00:33:18,480 --> 00:33:21,080
Speaker 2: make life easier while they're still around to see us

746
00:33:21,200 --> 00:33:24,720
Speaker 2: enjoy it. I get it logically, but every time he

747
00:33:24,760 --> 00:33:28,120
Speaker 2: brings it up, I feel sick like they haven't even

748
00:33:28,360 --> 00:33:32,040
Speaker 2: hinted at this, and asking feels like I'm fast forwarding

749
00:33:32,040 --> 00:33:35,360
Speaker 2: their lives or something. My brother won't stop pushing, and

750
00:33:35,400 --> 00:33:37,760
Speaker 2: I don't know what to do. What would you do?

751
00:33:37,960 --> 00:33:38,440
Speaker 7: Mmm?

752
00:33:39,480 --> 00:33:42,520
Speaker 6: I think, like I know this because I'm crazy, but

753
00:33:43,000 --> 00:33:47,000
Speaker 6: I can kind of understand a little bit because I

754
00:33:47,040 --> 00:33:50,520
Speaker 6: feel like, you know, for example, I don't think i'll

755
00:33:50,640 --> 00:33:55,520
Speaker 6: have much of an inheritance, but if I had parents

756
00:33:55,560 --> 00:33:58,800
Speaker 6: who were like really really well off, and I knew that,

757
00:33:58,840 --> 00:34:01,040
Speaker 6: like there was quite a big, you know, sum of

758
00:34:01,200 --> 00:34:03,680
Speaker 6: money that could be coming my way if in the

759
00:34:03,760 --> 00:34:07,040
Speaker 6: unfortunate event of their passing. But I think if I

760
00:34:07,120 --> 00:34:11,200
Speaker 6: was currently struggling and I knew that, like, oh maybe

761
00:34:11,200 --> 00:34:15,959
Speaker 6: in twenty thirty years, I'll be Okay. I'd be like, well,

762
00:34:15,960 --> 00:34:18,759
Speaker 6: that's a big chunk of my life where I'm going

763
00:34:18,800 --> 00:34:21,240
Speaker 6: to be struggling and then I'm going to thrive at sixty,

764
00:34:21,280 --> 00:34:23,200
Speaker 6: you know what I mean. Like and like on the

765
00:34:23,200 --> 00:34:26,080
Speaker 6: flip side, it's like, thank god, my parents will live

766
00:34:26,120 --> 00:34:28,440
Speaker 6: till I'm sixty. You know, that would be amazing. So

767
00:34:28,480 --> 00:34:31,480
Speaker 6: it's a really funny one that it has. It's I

768
00:34:31,520 --> 00:34:35,400
Speaker 6: feel you feel really insensitive saying that, because it's like

769
00:34:35,920 --> 00:34:38,520
Speaker 6: you would feel blessed to know that the longer you

770
00:34:38,600 --> 00:34:39,120
Speaker 6: don't get.

771
00:34:38,960 --> 00:34:41,120
Speaker 2: Your inheritance, that is a blessing.

772
00:34:41,200 --> 00:34:44,120
Speaker 6: It's like, great that everyone's happy and healthy and this

773
00:34:44,160 --> 00:34:48,280
Speaker 6: is amazing, really bad saying that, But to some extent,

774
00:34:48,280 --> 00:34:50,239
Speaker 6: I feel like, yes, well if we take the word

775
00:34:50,280 --> 00:34:52,279
Speaker 6: inheritance out of it, and it's just like you have

776
00:34:52,360 --> 00:34:54,719
Speaker 6: the capacity to help me, and like, you know, they

777
00:34:54,719 --> 00:34:56,799
Speaker 6: don't know that for sure, But if I knew that

778
00:34:56,920 --> 00:34:58,600
Speaker 6: someone had the capacity to help, my parents had the

779
00:34:58,600 --> 00:35:01,239
Speaker 6: capacity to help, and they had inten they intend to

780
00:35:01,280 --> 00:35:06,239
Speaker 6: help me after their natural life, I would be like, okay,

781
00:35:06,280 --> 00:35:08,080
Speaker 6: can you give me a little bit right now? I

782
00:35:08,160 --> 00:35:14,520
Speaker 6: understand that thought process. Weirdly, but I would then not

783
00:35:14,600 --> 00:35:16,960
Speaker 6: call it an inheritance. I would be like, hey, if

784
00:35:17,000 --> 00:35:20,560
Speaker 6: you look at it like this, some of us are

785
00:35:20,600 --> 00:35:23,200
Speaker 6: struggling right now. If you can help us right now, cool.

786
00:35:23,520 --> 00:35:26,640
Speaker 6: If you can't, that's okay, and we'll just like see

787
00:35:26,640 --> 00:35:29,600
Speaker 6: how we go, you know. But yeah, I think that's

788
00:35:29,680 --> 00:35:31,799
Speaker 6: not Honestly, the main thing for me is the terminology

789
00:35:31,800 --> 00:35:33,680
Speaker 6: around it is that, like, I just wouldn't be calling

790
00:35:33,680 --> 00:35:36,080
Speaker 6: it an inheritance anymore because that it really doesn't make

791
00:35:36,120 --> 00:35:38,200
Speaker 6: it quite morbid. I would just be calling it like

792
00:35:38,600 --> 00:35:41,040
Speaker 6: some money that you've put aside for us, like give

793
00:35:41,040 --> 00:35:42,839
Speaker 6: it to me right now, please, Like a little bit

794
00:35:42,920 --> 00:35:46,399
Speaker 6: would be nice, particularly if you're struggling and they can

795
00:35:46,480 --> 00:35:50,920
Speaker 6: see that. But that's honestly, so I know it's probably

796
00:35:51,120 --> 00:35:54,080
Speaker 6: really bad to say, but that's kind of I kind

797
00:35:54,080 --> 00:35:54,600
Speaker 6: of get it.

798
00:35:55,040 --> 00:35:58,120
Speaker 4: Just I don't know if it's because I was raised,

799
00:35:58,480 --> 00:36:00,720
Speaker 4: you know, in a family where obviously we weren't wealthy

800
00:36:00,760 --> 00:36:02,200
Speaker 4: by any stretch of the imagination. There wasn't a lot

801
00:36:02,200 --> 00:36:04,560
Speaker 4: of money to go around, Like I understand it from

802
00:36:04,560 --> 00:36:05,880
Speaker 4: a logical perspective.

803
00:36:06,560 --> 00:36:08,280
Speaker 5: I've never and I don't.

804
00:36:08,120 --> 00:36:10,560
Speaker 4: Think I ever will operate on the assumption that I

805
00:36:10,600 --> 00:36:13,680
Speaker 4: will be receiving an inheritance or any kind of money,

806
00:36:13,719 --> 00:36:15,920
Speaker 4: like if I was to it would be a lovely surprise,

807
00:36:16,440 --> 00:36:20,200
Speaker 4: But my future planning for myself has never assumed that

808
00:36:20,280 --> 00:36:23,360
Speaker 4: I will receive anything, and obviously there's more complications you know,

809
00:36:23,440 --> 00:36:26,360
Speaker 4: for me personally in that situation. But I think that

810
00:36:26,920 --> 00:36:30,080
Speaker 4: it's an interesting concept because I understand, you know, we

811
00:36:30,120 --> 00:36:32,880
Speaker 4: talk about future planning for our families one day, and

812
00:36:32,880 --> 00:36:35,279
Speaker 4: of course wanting to set up so that we can

813
00:36:35,280 --> 00:36:37,520
Speaker 4: look after our families should we choose to have them.

814
00:36:38,000 --> 00:36:41,040
Speaker 4: But at the same time, I also think that for

815
00:36:41,120 --> 00:36:44,040
Speaker 4: a lot of people, you know, your retirement is what

816
00:36:44,080 --> 00:36:46,680
Speaker 4: you're saving for. So it could be that, yes, maybe

817
00:36:46,680 --> 00:36:50,200
Speaker 4: your parents do have a cash surplus or an asset surplus,

818
00:36:50,200 --> 00:36:53,600
Speaker 4: particularly after downsizing, but have they lived their whole lives

819
00:36:53,680 --> 00:36:56,759
Speaker 4: thinking when we retire, we're going to finally see the

820
00:36:56,760 --> 00:36:58,759
Speaker 4: world together. I feel like that's a really common thing

821
00:36:58,840 --> 00:37:00,839
Speaker 4: people want to do, is they want to travel once

822
00:37:00,840 --> 00:37:03,040
Speaker 4: they've retired and once they've got the money, or they

823
00:37:03,040 --> 00:37:05,799
Speaker 4: want to maybe knock something off their bucket list or

824
00:37:05,920 --> 00:37:09,040
Speaker 4: do whatever they might have planned for that money, and

825
00:37:09,120 --> 00:37:10,520
Speaker 4: you're not accounting for that.

826
00:37:10,760 --> 00:37:13,680
Speaker 2: It's also none of your business. Sorry, yeah, it's not.

827
00:37:14,200 --> 00:37:18,120
Speaker 4: I I understand the thought process of like, well, one

828
00:37:18,200 --> 00:37:21,480
Speaker 4: day when they're no longer there theoretically, but also they

829
00:37:21,560 --> 00:37:24,840
Speaker 4: might have chosen to donate their money and assets to charity.

830
00:37:24,960 --> 00:37:27,880
Speaker 2: Yeah, don't into those dogs home, sorry, Harvey. Like if

831
00:37:27,880 --> 00:37:29,840
Speaker 2: you came to me for an inheritance early.

832
00:37:31,200 --> 00:37:33,279
Speaker 5: Yeah, you just don't know.

833
00:37:33,680 --> 00:37:37,320
Speaker 4: And to me, it does not feel appropriate at all.

834
00:37:37,680 --> 00:37:39,239
Speaker 4: And again I don't know if that's me putting my

835
00:37:39,280 --> 00:37:42,680
Speaker 4: own personal lens over that. I think, if anything, you

836
00:37:42,680 --> 00:37:44,680
Speaker 4: could go to them and say, hey, if you are

837
00:37:44,719 --> 00:37:47,680
Speaker 4: really struggling and it sounds like our listener perhaps isn't

838
00:37:47,719 --> 00:37:49,080
Speaker 4: in the position where they want to do this, but

839
00:37:49,120 --> 00:37:51,600
Speaker 4: maybe you could suggest it to your siblings. Talk to

840
00:37:51,680 --> 00:37:54,120
Speaker 4: your parents about an interest free loan if they have

841
00:37:54,200 --> 00:37:56,759
Speaker 4: the capacity to do that to assist you, or even

842
00:37:56,880 --> 00:37:59,040
Speaker 4: just talking to them about the situation that they're in

843
00:37:59,120 --> 00:38:01,960
Speaker 4: and the financial pressures that they're feeling. And then if

844
00:38:01,960 --> 00:38:04,160
Speaker 4: they have the money and that's something they want to do,

845
00:38:04,840 --> 00:38:07,960
Speaker 4: they may offer and say, you know, can we help

846
00:38:07,960 --> 00:38:10,040
Speaker 4: you out, We would like to help you out, whatever.

847
00:38:10,600 --> 00:38:15,440
Speaker 4: But I think that the expectation it goes beyond being morbid.

848
00:38:15,520 --> 00:38:18,000
Speaker 5: I think it's just quite presumptuous.

849
00:38:18,160 --> 00:38:20,680
Speaker 2: I think it's so disrespectful. I'm like sitting here like

850
00:38:20,840 --> 00:38:24,160
Speaker 2: bashing my tongue because I feel like it goes against

851
00:38:25,000 --> 00:38:27,360
Speaker 2: every moral code that I have. It goes against the

852
00:38:27,400 --> 00:38:29,840
Speaker 2: fact that it just doesn't feel like you're grateful. It

853
00:38:29,880 --> 00:38:32,560
Speaker 2: doesn't feel like you're respectful. It doesn't feel like you

854
00:38:32,640 --> 00:38:36,400
Speaker 2: are ordering their independence. And like I could say to you,

855
00:38:37,400 --> 00:38:40,040
Speaker 2: they have a million dollar portfolio and the house is

856
00:38:40,080 --> 00:38:42,840
Speaker 2: fully paid off, but like that million dollar portfolio is

857
00:38:42,880 --> 00:38:46,320
Speaker 2: probably only generating and I say only, but like generating

858
00:38:46,320 --> 00:38:48,719
Speaker 2: a sixty thousand dollar income for them each and every

859
00:38:48,760 --> 00:38:52,080
Speaker 2: single year. And the assets that they have, like having

860
00:38:52,080 --> 00:38:54,759
Speaker 2: more than four hundred and seventy thousand dollars here in

861
00:38:54,800 --> 00:38:58,759
Speaker 2: Australia means that your pension starts to get impacted. So

862
00:38:59,000 --> 00:39:01,960
Speaker 2: they probably and like with a million dollars of like

863
00:39:02,239 --> 00:39:04,640
Speaker 2: super and a million dollars of investments, they're not going

864
00:39:04,680 --> 00:39:06,880
Speaker 2: to be able to access a pension, right, So like

865
00:39:07,600 --> 00:39:11,600
Speaker 2: that money might be generating the money that they're leaving off,

866
00:39:11,800 --> 00:39:14,520
Speaker 2: and yeah, they might for them to go. Yet, like

867
00:39:14,640 --> 00:39:17,080
Speaker 2: even if hypothetically you knew that they were sitting on

868
00:39:17,160 --> 00:39:21,280
Speaker 2: a couple of million dollars. You don't know what that's for. Also,

869
00:39:21,760 --> 00:39:23,759
Speaker 2: it's none of your business, Like just because they have

870
00:39:23,840 --> 00:39:26,360
Speaker 2: a planner doesn't mean they're millionaires. Maybe they have a

871
00:39:26,400 --> 00:39:29,319
Speaker 2: planner because secretly they went bankrupt and they needed to

872
00:39:29,360 --> 00:39:31,960
Speaker 2: find a way to get around the fact that, you know,

873
00:39:32,080 --> 00:39:34,200
Speaker 2: they were never going to be able to financially recover

874
00:39:34,280 --> 00:39:35,839
Speaker 2: from something. Do you know what I mean? Like, yeah,

875
00:39:35,880 --> 00:39:38,359
Speaker 2: it's actually none of your business. It's kind of like

876
00:39:39,280 --> 00:39:41,799
Speaker 2: I don't know. It's like, Jess, if you and I

877
00:39:41,880 --> 00:39:45,280
Speaker 2: held a joint birthday party and then somebody was invited

878
00:39:45,280 --> 00:39:47,200
Speaker 2: to the birthday party and they come over and our

879
00:39:47,239 --> 00:39:49,520
Speaker 2: beautiful birthday cake that you and I would have decorated

880
00:39:49,640 --> 00:39:51,520
Speaker 2: so well as sitting on the table, and they go

881
00:39:51,560 --> 00:39:53,520
Speaker 2: and take a slice before we've even had a chance

882
00:39:53,520 --> 00:39:55,799
Speaker 2: to put the candles on and blow it out. Like

883
00:39:55,920 --> 00:40:00,279
Speaker 2: you wouldn't do that, would you? Like that's rude, that's

884
00:40:00,360 --> 00:40:04,080
Speaker 2: not yours for the taking. And I like the idea

885
00:40:04,080 --> 00:40:06,399
Speaker 2: about an interest free loan, like being like, oh, hey,

886
00:40:06,520 --> 00:40:09,719
Speaker 2: is there any way I could xyz? Like, but you

887
00:40:10,000 --> 00:40:15,120
Speaker 2: do not like the assumption that an inheritance is yours

888
00:40:15,160 --> 00:40:18,680
Speaker 2: is bullshit, Like I just hate that idea and anybody

889
00:40:18,800 --> 00:40:21,080
Speaker 2: I know, and like, I feel like this is a

890
00:40:21,080 --> 00:40:23,439
Speaker 2: good time to remind everybody that when I worked in

891
00:40:23,600 --> 00:40:26,560
Speaker 2: financial advice, a lot of my clients were dealing with

892
00:40:26,680 --> 00:40:29,200
Speaker 2: very big inheritances because I would get a lot of

893
00:40:29,239 --> 00:40:32,239
Speaker 2: millennial women who unfortunately had lost a parent, and that

894
00:40:32,400 --> 00:40:35,960
Speaker 2: is the shittiest situation to go through. Every single one

895
00:40:36,000 --> 00:40:38,520
Speaker 2: of my clients that are in like that was in

896
00:40:38,560 --> 00:40:41,239
Speaker 2: that situation, I'm still in contact with because I feel

897
00:40:41,280 --> 00:40:45,160
Speaker 2: like you bond in a way over that experience. Every

898
00:40:45,160 --> 00:40:47,319
Speaker 2: single one of them I can guarantee would prefer their

899
00:40:47,320 --> 00:40:50,600
Speaker 2: parent back or their guardian back then the money. Like

900
00:40:50,680 --> 00:40:54,719
Speaker 2: it's not like it's not even up for debate. I

901
00:40:54,880 --> 00:40:57,279
Speaker 2: just I think it just goes against everything in me.

902
00:40:57,360 --> 00:41:01,040
Speaker 2: And it feels gross because you're flipping a love and

903
00:41:01,600 --> 00:41:05,560
Speaker 2: caring relationship into something transactional, like you're seeing them as

904
00:41:05,600 --> 00:41:09,759
Speaker 2: a tool, and like I just find that gross. And

905
00:41:09,800 --> 00:41:13,400
Speaker 2: like Jesse you were saying before, oh, like you know,

906
00:41:13,440 --> 00:41:15,840
Speaker 2: they've spent their whole lives building this and like you know,

907
00:41:15,920 --> 00:41:17,440
Speaker 2: we talk about it all the time. I do want

908
00:41:17,480 --> 00:41:19,280
Speaker 2: to build a legacy. I do want to put myself

909
00:41:19,280 --> 00:41:23,400
Speaker 2: in a financial position that I'm able to help my

910
00:41:23,560 --> 00:41:26,399
Speaker 2: son when he wants to purchase a home, like when

911
00:41:26,440 --> 00:41:29,160
Speaker 2: I have multiple kids. Hopefully one day I would love

912
00:41:29,200 --> 00:41:31,480
Speaker 2: to be able to like financially support them so that

913
00:41:31,560 --> 00:41:34,440
Speaker 2: they never experience the financial stress that I did. Like

914
00:41:34,480 --> 00:41:37,080
Speaker 2: how special would that be? But I'm telling you right now,

915
00:41:37,120 --> 00:41:39,520
Speaker 2: they would get nothing from me if I didn't feel

916
00:41:39,520 --> 00:41:41,719
Speaker 2: like they were grateful. They would get nothing from me

917
00:41:41,760 --> 00:41:45,840
Speaker 2: if I didn't feel like that was you know, anything

918
00:41:45,920 --> 00:41:49,439
Speaker 2: other than care and love and support. That's where it's

919
00:41:49,440 --> 00:41:51,319
Speaker 2: coming from. So the fact that you're like, oh, well

920
00:41:51,360 --> 00:41:53,440
Speaker 2: they've got this money and they've never mentioned giving it

921
00:41:53,440 --> 00:41:59,040
Speaker 2: to us, I just it feels wrong. And like the

922
00:41:59,239 --> 00:42:06,120
Speaker 2: idea that inheritance is deeply tied to mortality, like how

923
00:42:06,200 --> 00:42:08,799
Speaker 2: long your parents going to live? Then, well you don't

924
00:42:08,840 --> 00:42:12,400
Speaker 2: know exactly. Are they going to live to a lady

925
00:42:12,480 --> 00:42:15,440
Speaker 2: a hundred? Are they going to live to one fifty somehow?

926
00:42:15,520 --> 00:42:19,680
Speaker 2: Like you don't know anything, And I just I find

927
00:42:19,719 --> 00:42:22,880
Speaker 2: it really gross because also, financial freedom is something that

928
00:42:22,920 --> 00:42:25,000
Speaker 2: if you have worked so hard to get there too,

929
00:42:25,719 --> 00:42:28,920
Speaker 2: just having it in the bank is that security blanket

930
00:42:28,960 --> 00:42:30,759
Speaker 2: that means, you know, what if one of my kids

931
00:42:30,760 --> 00:42:33,720
Speaker 2: couldn't afford their mortgage or payments that they have signed

932
00:42:33,800 --> 00:42:36,160
Speaker 2: up to. I could help them out, but I'm not

933
00:42:36,200 --> 00:42:39,440
Speaker 2: going to go pay off their mortgages just because I

934
00:42:39,520 --> 00:42:41,839
Speaker 2: have the cash in the bank and what operate at

935
00:42:41,880 --> 00:42:44,880
Speaker 2: like zero again, like they haven't come this far to

936
00:42:44,960 --> 00:42:47,200
Speaker 2: only come this far and then go week to week

937
00:42:47,239 --> 00:42:51,759
Speaker 2: in retirement like absolutely not absolutely, Like I just find

938
00:42:51,800 --> 00:42:54,359
Speaker 2: it quite gross. Yeah, And I'm probably a little bit

939
00:42:54,360 --> 00:42:57,680
Speaker 2: more opinionated on that than you probably expected, because I'd

940
00:42:57,719 --> 00:42:59,720
Speaker 2: be like, oh, yes, what a good like open conversation

941
00:42:59,719 --> 00:43:04,640
Speaker 2: about money, Like no, there's no gratitude there, there's no expectation.

942
00:43:04,840 --> 00:43:07,400
Speaker 2: So I think that the person who's asked this question

943
00:43:07,480 --> 00:43:09,960
Speaker 2: is absolutely right to not feel like that's the right

944
00:43:10,000 --> 00:43:11,680
Speaker 2: thing to do, and that your brothers maybe getting a

945
00:43:11,680 --> 00:43:16,000
Speaker 2: bit ahead of themselves. Like anytime I've ever done financial

946
00:43:16,040 --> 00:43:19,600
Speaker 2: advice for a client, especially a younger client, we don't

947
00:43:19,600 --> 00:43:22,279
Speaker 2: even talk about their parents, Like, yeah, never have I

948
00:43:22,320 --> 00:43:25,799
Speaker 2: written a financial plan that takes into consideration a potential

949
00:43:26,080 --> 00:43:27,760
Speaker 2: like inheritance.

950
00:43:27,280 --> 00:43:29,239
Speaker 4: Because I think most parents would want to put their

951
00:43:29,280 --> 00:43:31,080
Speaker 4: kids in the position where they can look after them.

952
00:43:31,120 --> 00:43:33,160
Speaker 4: I totally get what you were saying back about if

953
00:43:33,160 --> 00:43:35,640
Speaker 4: it was available and you were really struggling, like it

954
00:43:35,680 --> 00:43:39,279
Speaker 4: would as the child be so much perhaps more beneficial

955
00:43:39,680 --> 00:43:43,120
Speaker 4: to receive sooner than later. But also I think like

956
00:43:43,960 --> 00:43:46,919
Speaker 4: the parents, if that's within their means and they could

957
00:43:46,920 --> 00:43:49,120
Speaker 4: see that someone was struggling, I think they probably would

958
00:43:49,200 --> 00:43:52,520
Speaker 4: want to step in instinctively anyway, which is where I think,

959
00:43:52,640 --> 00:43:54,680
Speaker 4: you know, it's maybe the brother can have a conversation

960
00:43:54,840 --> 00:43:57,239
Speaker 4: in we don't know the semantics of oh my god,

961
00:43:57,239 --> 00:43:59,040
Speaker 4: maybe he can't pay your we don't all need yeah,

962
00:43:59,040 --> 00:44:01,160
Speaker 4: but we don't all need to go to our parents.

963
00:44:00,800 --> 00:44:01,560
Speaker 2: To ask for this.

964
00:44:01,760 --> 00:44:02,680
Speaker 5: No, no, no no.

965
00:44:03,000 --> 00:44:05,680
Speaker 2: And like I've seen situations where I've had a client

966
00:44:05,760 --> 00:44:08,799
Speaker 2: come to me and be like, oh my god, you know,

967
00:44:09,239 --> 00:44:12,080
Speaker 2: my mom has decided to gift all the kids, like

968
00:44:12,160 --> 00:44:15,759
Speaker 2: four kids and deposit amount like twenty thousand dollars each,

969
00:44:15,800 --> 00:44:19,319
Speaker 2: but she really doesn't have the financial means to do that.

970
00:44:19,360 --> 00:44:20,960
Speaker 2: She's got it in the bank, but like it's going

971
00:44:21,000 --> 00:44:23,400
Speaker 2: to stretch her, Like we absolutely shouldn't be doing this

972
00:44:23,480 --> 00:44:26,319
Speaker 2: with her. But my siblings are like they really want

973
00:44:26,360 --> 00:44:28,160
Speaker 2: to take it. Like my sister and I we think

974
00:44:28,280 --> 00:44:30,799
Speaker 2: that's bullshit, but the other two they want to take it.

975
00:44:31,160 --> 00:44:34,680
Speaker 2: So like in those situations, There's literally been times where

976
00:44:34,719 --> 00:44:36,600
Speaker 2: I have worked with clients to set up a separate

977
00:44:36,600 --> 00:44:39,239
Speaker 2: bank account for that money to be deposited into so

978
00:44:39,320 --> 00:44:42,400
Speaker 2: that like small amounts of savings, like returns can be

979
00:44:42,480 --> 00:44:46,360
Speaker 2: made and that money sitting there for when mum decides that,

980
00:44:46,480 --> 00:44:48,879
Speaker 2: oh that was a really bad idea, like I'm in

981
00:44:48,920 --> 00:44:51,080
Speaker 2: financial stress, and the other two can be like, right, well,

982
00:44:51,120 --> 00:44:54,080
Speaker 2: here's that money back. But they didn't want to not

983
00:44:54,360 --> 00:44:57,000
Speaker 2: take it, because otherwise the other siblings would have been like, oh,

984
00:44:57,040 --> 00:45:00,239
Speaker 2: well we'll have the rest yeah, which it's money.

985
00:45:00,600 --> 00:45:02,759
Speaker 5: Yeah, And it's very complicated, especially family, and.

986
00:45:03,120 --> 00:45:06,800
Speaker 2: Such a level of entitlement that makes me feel really gross.

987
00:45:06,960 --> 00:45:08,399
Speaker 5: What did everybody else say? Oh?

988
00:45:08,560 --> 00:45:08,840
Speaker 1: Girl?

989
00:45:09,280 --> 00:45:11,440
Speaker 2: So we asked a few questions. First, we said, do

990
00:45:11,480 --> 00:45:14,320
Speaker 2: you think asking for an inheritance early crosses a line?

991
00:45:14,719 --> 00:45:16,880
Speaker 2: Eighty seven percent of you said yep, it gives me

992
00:45:16,920 --> 00:45:20,239
Speaker 2: the ick, and thirteen percent said no, it's a fair discussion.

993
00:45:20,960 --> 00:45:24,000
Speaker 2: Next question was would you join your siblings push to

994
00:45:24,080 --> 00:45:27,360
Speaker 2: ask for an inheritance early? And ninety percent of you

995
00:45:27,400 --> 00:45:29,880
Speaker 2: said no, couldn't bring myself to do it, six percent

996
00:45:29,920 --> 00:45:33,359
Speaker 2: said in this economy, I would, and four percent said yes,

997
00:45:33,440 --> 00:45:37,200
Speaker 2: better to enjoy it. While they're here. We then obviously said,

998
00:45:37,200 --> 00:45:39,880
Speaker 2: give us your two cents. What do you reckon? First

999
00:45:39,880 --> 00:45:41,920
Speaker 2: person said, let the brother ask alone. If it's so

1000
00:45:42,000 --> 00:45:45,560
Speaker 2: important to him, I agree. Next person said, my grandma's

1001
00:45:45,640 --> 00:45:48,399
Speaker 2: actually one hundred and three still needs money to live.

1002
00:45:48,560 --> 00:45:50,280
Speaker 2: Good aged care ain't cheap.

1003
00:45:50,840 --> 00:45:51,720
Speaker 5: That's so true.

1004
00:45:51,640 --> 00:45:52,400
Speaker 2: You just don't know.

1005
00:45:52,480 --> 00:45:55,239
Speaker 4: Medical expenses at that age can come up suddenly and

1006
00:45:55,280 --> 00:45:56,600
Speaker 4: be really high.

1007
00:45:56,640 --> 00:46:00,480
Speaker 2: Exactly. Like, also, good aged care absolutely is cheap. But

1008
00:46:00,520 --> 00:46:04,759
Speaker 2: if I have worked my entire life to create this

1009
00:46:04,920 --> 00:46:08,480
Speaker 2: investment fund so that I can financially support myself, you

1010
00:46:08,560 --> 00:46:10,759
Speaker 2: best believe I'm choosing the nice option at the end,

1011
00:46:10,920 --> 00:46:13,080
Speaker 2: like I want to go to the beautiful retirement village

1012
00:46:13,080 --> 00:46:15,879
Speaker 2: if I can afford it, Like, yeah, I really, hebe.

1013
00:46:15,920 --> 00:46:19,400
Speaker 2: I'm spending your inheritance if I can, Like, I'm so sorry.

1014
00:46:19,560 --> 00:46:21,920
Speaker 2: Like whenever my parents plan a holiday, they always joke

1015
00:46:21,920 --> 00:46:23,920
Speaker 2: They're like, haha, we're off to spend your inheritance, and

1016
00:46:23,920 --> 00:46:26,400
Speaker 2: I'm like, yeah, get it. Queens, enjoy it. You should

1017
00:46:26,400 --> 00:46:29,920
Speaker 2: be enjoying retirement like you should be enjoying your life.

1018
00:46:30,680 --> 00:46:34,840
Speaker 2: Next person said, they're downsizing and adding the excess to

1019
00:46:34,960 --> 00:46:38,279
Speaker 2: super so that they can live, which is so true.

1020
00:46:38,480 --> 00:46:40,640
Speaker 2: Lots of people don't just downsize because they're like, oh,

1021
00:46:40,640 --> 00:46:44,399
Speaker 2: the house is too big. They downsize to get some

1022
00:46:44,520 --> 00:46:46,960
Speaker 2: cash out so that they can put it into their

1023
00:46:46,960 --> 00:46:49,520
Speaker 2: investments so that they're able to live. It's a very

1024
00:46:49,680 --> 00:46:54,400
Speaker 2: valid investment strategy. Like, you don't know why they're downsizing. Yes,

1025
00:46:54,440 --> 00:46:57,560
Speaker 2: the house could feel cold and empty and massive, but

1026
00:46:57,680 --> 00:47:00,759
Speaker 2: it also could have been all of their life going

1027
00:47:00,800 --> 00:47:02,440
Speaker 2: into the house and now they need to sell it

1028
00:47:02,480 --> 00:47:03,320
Speaker 2: to be able to retire.

1029
00:47:03,600 --> 00:47:03,759
Speaker 7: Ah.

1030
00:47:04,520 --> 00:47:07,920
Speaker 2: Someone said, my dad passed away, mum gave us inheritance

1031
00:47:07,920 --> 00:47:10,440
Speaker 2: after selling the house. She's now put herself in a

1032
00:47:10,520 --> 00:47:14,759
Speaker 2: shit situation. Oh really, which is so nice that she

1033
00:47:14,840 --> 00:47:17,240
Speaker 2: wanted to help you. But that's what good financial planning

1034
00:47:17,280 --> 00:47:20,200
Speaker 2: is about. Just because you have the cash there doesn't

1035
00:47:20,200 --> 00:47:20,880
Speaker 2: mean it's for that.

1036
00:47:21,480 --> 00:47:21,840
Speaker 6: Yeah.

1037
00:47:22,040 --> 00:47:24,879
Speaker 2: Next person said he's going about it the wrong way.

1038
00:47:24,920 --> 00:47:28,560
Speaker 2: Why not politely ask them for financial help, which you

1039
00:47:28,640 --> 00:47:31,839
Speaker 2: know you guys came up with before. Next person said,

1040
00:47:31,920 --> 00:47:34,520
Speaker 2: my husband's aunt did this for her three daughters. It

1041
00:47:34,600 --> 00:47:39,200
Speaker 2: helped mortgages, private school fees, etc. That's great, but can

1042
00:47:39,239 --> 00:47:41,480
Speaker 2: I assume that it was your husband's aunt who made

1043
00:47:41,480 --> 00:47:43,960
Speaker 2: the choice to have that conversation and sit them down

1044
00:47:44,000 --> 00:47:46,920
Speaker 2: and be like, hey, Harvey, we are sitting on a

1045
00:47:47,000 --> 00:47:49,719
Speaker 2: number of dollars and we would love to be able

1046
00:47:49,719 --> 00:47:51,680
Speaker 2: to help you, to put you in a best possible position.

1047
00:47:52,880 --> 00:47:54,759
Speaker 2: Next person, and I've just got two more for you,

1048
00:47:54,840 --> 00:47:57,320
Speaker 2: said her brother is stepping over the line. If he's struggling,

1049
00:47:57,360 --> 00:47:59,560
Speaker 2: then he should be asking for help, not an inheritance.

1050
00:48:00,040 --> 00:48:03,160
Speaker 2: And the last person said, what about their goals, their hopes,

1051
00:48:03,200 --> 00:48:05,680
Speaker 2: and their dreams outside of you? Are you even having

1052
00:48:05,680 --> 00:48:08,960
Speaker 2: that conversation? Do you even know what your parents want? Yeah?

1053
00:48:09,239 --> 00:48:11,040
Speaker 5: Totally, that's such a good take.

1054
00:48:11,680 --> 00:48:16,000
Speaker 2: Yeah, I just TLDR. I feel like that gives me

1055
00:48:16,120 --> 00:48:20,040
Speaker 2: the ick because it's just like laced with entitlement to me. Yes,

1056
00:48:20,360 --> 00:48:24,120
Speaker 2: you're not entitled to anybody's retirements. No, absolutely not, and

1057
00:48:24,440 --> 00:48:28,000
Speaker 2: if they extend that to you, fantastic. But I also

1058
00:48:28,080 --> 00:48:30,560
Speaker 2: think if you're listening to this podcast, I'm assuming you're

1059
00:48:30,560 --> 00:48:33,480
Speaker 2: relatively financially literate, or you're getting there, or you're on

1060
00:48:33,520 --> 00:48:37,680
Speaker 2: the journey, like it is actually a responsibility to make

1061
00:48:37,719 --> 00:48:39,839
Speaker 2: sure that your family is And this is just from

1062
00:48:39,840 --> 00:48:43,359
Speaker 2: my perspective, your family is financially okay. And I mean

1063
00:48:43,400 --> 00:48:45,920
Speaker 2: if my parents turned around and said Victoria would love

1064
00:48:45,960 --> 00:48:48,319
Speaker 2: to x y Z. I think one of my first

1065
00:48:48,400 --> 00:48:50,759
Speaker 2: questions would be, like, well, what impact does that have

1066
00:48:50,880 --> 00:48:53,520
Speaker 2: on you? Like fantastic, that's so cool? Like oh my god,

1067
00:48:53,600 --> 00:48:57,560
Speaker 2: of course, like maybe, but like what does your retirement

1068
00:48:57,600 --> 00:48:59,960
Speaker 2: look like? Then? What does your bank account look like? There?

1069
00:49:00,000 --> 00:49:01,600
Speaker 2: And do you still have a mortgage? You still have this?

1070
00:49:01,719 --> 00:49:02,840
Speaker 2: Like do you know what I mean? I want to

1071
00:49:02,880 --> 00:49:05,160
Speaker 2: ask a million questions, and I think that the more

1072
00:49:05,200 --> 00:49:08,160
Speaker 2: financially literate we are, the more we can support our community,

1073
00:49:08,160 --> 00:49:10,320
Speaker 2: the more we can support our family and our friends.

1074
00:49:10,840 --> 00:49:13,759
Speaker 2: And those are valid questions because even though you'd be

1075
00:49:13,800 --> 00:49:16,680
Speaker 2: in a better position, not asking those questions is basically

1076
00:49:16,719 --> 00:49:20,920
Speaker 2: taking advantage of the situation. Gorgeous words. It's a bit,

1077
00:49:21,239 --> 00:49:23,279
Speaker 2: isn't it. Yeah, I see what you're saying.

1078
00:49:23,320 --> 00:49:27,520
Speaker 6: Yeah, I do see what you're saying now, yes.

1079
00:49:26,320 --> 00:49:30,360
Speaker 2: Yeah, Anyway, it has been good. I have loved this chat.

1080
00:49:30,520 --> 00:49:32,680
Speaker 2: Thanks for joining us for another Friday drinks guys, and

1081
00:49:32,680 --> 00:49:34,399
Speaker 2: we'll see you bright early on Monday for a Money

1082
00:49:34,440 --> 00:49:44,440
Speaker 2: Diaries by Guys by The advice shared on She's on

1083
00:49:44,480 --> 00:49:47,160
Speaker 2: the Money is general in nature and does not consider

1084
00:49:47,200 --> 00:49:51,120
Speaker 2: your individual circumstances. She's on the Money exists purely for

1085
00:49:51,280 --> 00:49:54,120
Speaker 2: educational purposes and should not be relied upon to make

1086
00:49:54,160 --> 00:49:57,440
Speaker 2: an investment or financial decision. If you do choose to

1087
00:49:57,440 --> 00:49:59,040
Speaker 2: buy a financial product.

1088
00:49:58,719 --> 00:50:02,240
Speaker 7: Read the PDS TMD and obtain appropriate financial.

1089
00:50:01,840 --> 00:50:03,640
Speaker 2: Advice tailored towards your needs.

1090
00:50:04,000 --> 00:50:07,960
Speaker 7: Victoria Divine and She's on the Money are authorized representatives

1091
00:50:07,960 --> 00:50:10,360
Speaker 7: of money sherper P T y L t D A

1092
00:50:10,480 --> 00:50:13,400
Speaker 7: b N three two one six four nine two seven

1093
00:50:13,480 --> 00:50:16,279
Speaker 7: seven zero eight a f s L four five one

1094
00:50:16,520 --> 00:50:17,359
Speaker 7: two eight nine