1
00:00:00,680 --> 00:00:04,920
Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr

2
00:00:04,960 --> 00:00:08,680
Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before

3
00:00:08,680 --> 00:00:11,160
Speaker 1: we get started on She's on the Money podcast, I

4
00:00:11,160 --> 00:00:14,319
Speaker 1: would like to acknowledge the traditional custodians of the land

5
00:00:14,400 --> 00:00:17,720
Speaker 1: of which this podcast is recorded on a wondery country,

6
00:00:18,120 --> 00:00:22,240
Speaker 1: acknowledging the elders, the ancestors and the next generation coming

7
00:00:22,320 --> 00:00:26,960
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing

8
00:00:27,080 --> 00:00:30,120
Speaker 1: and the storytelling of you to make a difference for

9
00:00:30,240 --> 00:00:32,640
Speaker 1: today and lasting impact for tomorrow.

10
00:00:33,320 --> 00:00:34,120
Speaker 2: Let's get into it.

11
00:00:34,760 --> 00:00:50,400
Speaker 3: She's on the Money, She's on the Money.

12
00:00:57,680 --> 00:01:00,640
Speaker 2: Hello, and welcome to She's on the Money, the podcast

13
00:01:00,640 --> 00:01:04,280
Speaker 2: for millennials who want financial freedom. Welcome back to another

14
00:01:04,319 --> 00:01:06,280
Speaker 2: one of our money diaries where we get to talk

15
00:01:06,319 --> 00:01:08,640
Speaker 2: with one of our beautiful She's on the Money community

16
00:01:08,720 --> 00:01:12,240
Speaker 2: members all about their money story. Let's jump straight into it,

17
00:01:12,280 --> 00:01:14,520
Speaker 2: because this week I got a message and it went

18
00:01:14,640 --> 00:01:17,800
Speaker 2: like this, Hi, Victoria. I grew up with the polar

19
00:01:17,800 --> 00:01:21,959
Speaker 2: opposite immigrant parents, tiger parent versus carefree. I went on

20
00:01:22,040 --> 00:01:25,039
Speaker 2: to earn minimum wage in a toxic work environment and

21
00:01:25,120 --> 00:01:28,080
Speaker 2: felt so lost to tripling my income in a job

22
00:01:28,160 --> 00:01:31,839
Speaker 2: and team that I absolutely adore. I have a DIY

23
00:01:31,959 --> 00:01:35,480
Speaker 2: investment portfolio, a side hustle in the wedding industry that

24
00:01:35,640 --> 00:01:38,319
Speaker 2: had a one hundred and fifty k profit within the

25
00:01:38,360 --> 00:01:42,480
Speaker 2: first nine months of its starting. But most importantly, repairing

26
00:01:42,520 --> 00:01:45,199
Speaker 2: the relationship with my inner child, and having the best

27
00:01:45,280 --> 00:01:49,040
Speaker 2: circle of friends that love and support me unconditionally. Looking back,

28
00:01:49,160 --> 00:01:51,600
Speaker 2: everything I've been through has been preparing me for the

29
00:01:51,640 --> 00:01:55,920
Speaker 2: life I'm living now. Money Diarist, what a beautiful story.

30
00:01:56,360 --> 00:01:56,720
Speaker 4: Thank you.

31
00:01:57,480 --> 00:02:00,800
Speaker 2: I'm so excited to talk to you. Before we jump

32
00:02:00,840 --> 00:02:03,680
Speaker 2: into the structured questions, though, I want to know if

33
00:02:03,720 --> 00:02:05,560
Speaker 2: I asked you to give yourself a grade of your

34
00:02:05,560 --> 00:02:07,920
Speaker 2: money habits all the way from A through F, what

35
00:02:08,000 --> 00:02:09,560
Speaker 2: would you say your money habits are.

36
00:02:09,720 --> 00:02:11,560
Speaker 4: I think if you asked me like two years ago,

37
00:02:11,720 --> 00:02:13,400
Speaker 4: I'll give you like an A, because I was like

38
00:02:13,560 --> 00:02:16,840
Speaker 4: clean of like saving and like budgeting. And now I

39
00:02:16,840 --> 00:02:18,799
Speaker 4: think I'm sitting around like a B or a C.

40
00:02:19,760 --> 00:02:22,040
Speaker 4: I think I really fell off that slippery slope.

41
00:02:22,280 --> 00:02:24,600
Speaker 2: Why do you think you fell off the slippery slope.

42
00:02:24,919 --> 00:02:28,200
Speaker 4: I think lifestyle creep is a huge thing for me,

43
00:02:28,320 --> 00:02:31,400
Speaker 4: which is terrible to save. But I think as I

44
00:02:31,440 --> 00:02:33,880
Speaker 4: started earning more. I started, you know, treating myself a

45
00:02:33,919 --> 00:02:37,280
Speaker 4: bit too much and going on like really nice holidays,

46
00:02:37,320 --> 00:02:41,360
Speaker 4: like splurging on really nice facials, dog toys, stuff like that.

47
00:02:41,560 --> 00:02:44,160
Speaker 2: I love that you're like holidays and dog toys.

48
00:02:45,440 --> 00:02:47,880
Speaker 4: I have no self control, like, especially when I go

49
00:02:48,000 --> 00:02:49,760
Speaker 4: on holidays toys.

50
00:02:49,840 --> 00:02:52,600
Speaker 2: I feel like that's really relatable though, and it makes sense.

51
00:02:52,840 --> 00:02:55,160
Speaker 4: Yeah, yeah. And then it got to a point. I

52
00:02:55,160 --> 00:02:57,800
Speaker 4: think last year I realized I didn't really save any money.

53
00:02:57,800 --> 00:02:58,840
Speaker 4: I just spent it all.

54
00:02:59,200 --> 00:03:02,360
Speaker 2: Oh my god, were you heartbroken when you worked that out?

55
00:03:02,440 --> 00:03:05,040
Speaker 4: I was more concerned, like you know when you just

56
00:03:05,080 --> 00:03:08,120
Speaker 4: get horrified about what you've done, and it was all me,

57
00:03:08,440 --> 00:03:10,360
Speaker 4: so no one to blame but myself.

58
00:03:10,480 --> 00:03:15,960
Speaker 2: Yes, I totally do. I have absolutely been there, all right.

59
00:03:16,000 --> 00:03:18,560
Speaker 2: I feel like I've gotten a fairly good vibe of

60
00:03:18,600 --> 00:03:20,200
Speaker 2: where you're at at the moment. But I want to know,

61
00:03:20,280 --> 00:03:22,359
Speaker 2: can you tell us a little bit more about your

62
00:03:22,400 --> 00:03:23,160
Speaker 2: money story.

63
00:03:23,360 --> 00:03:25,560
Speaker 4: I touched on when I wrote in that I grew

64
00:03:25,639 --> 00:03:28,400
Speaker 4: up with two immigrant parents. My mum was always very strict.

65
00:03:28,440 --> 00:03:30,720
Speaker 4: She was a typical tyger parent, you know the one

66
00:03:30,760 --> 00:03:33,560
Speaker 4: that you know her doctor, you're a lawyer or engineer

67
00:03:33,720 --> 00:03:37,920
Speaker 4: or you're just a disappointment. Oh no, yeah, And my

68
00:03:38,000 --> 00:03:41,640
Speaker 4: dad was always more like, you know, be happy and everything.

69
00:03:41,760 --> 00:03:45,360
Speaker 4: So when I finished high school, I didn't go down

70
00:03:45,400 --> 00:03:48,600
Speaker 4: the traditional doctor path. I went and I studied media,

71
00:03:48,720 --> 00:03:52,040
Speaker 4: and then I kind of thought that if I got

72
00:03:52,280 --> 00:03:55,520
Speaker 4: a job which paid nicely, and you know how media

73
00:03:55,560 --> 00:03:58,880
Speaker 4: is kind of typical for being underpaid, especially when you're starting.

74
00:03:59,320 --> 00:04:01,280
Speaker 4: So I thought, event if I work myself up to

75
00:04:01,480 --> 00:04:04,160
Speaker 4: make a nice size income, it will be something that

76
00:04:04,200 --> 00:04:08,440
Speaker 4: you know, my mom in particular, my parents would acknowledge

77
00:04:08,440 --> 00:04:12,400
Speaker 4: what I do. So when I started within the media industry,

78
00:04:12,480 --> 00:04:15,560
Speaker 4: I was earning I think forty five grand pro rather

79
00:04:15,720 --> 00:04:17,640
Speaker 4: by the way, it was basically.

80
00:04:17,200 --> 00:04:21,200
Speaker 2: Which is a pretty standard starter, yeah.

81
00:04:20,400 --> 00:04:23,000
Speaker 4: Which is basically a good starter. Then I left that

82
00:04:23,200 --> 00:04:27,520
Speaker 4: to earn around sixty and that was post COVID, So

83
00:04:28,360 --> 00:04:30,839
Speaker 4: I basically got really bored and just wanted a job

84
00:04:30,960 --> 00:04:33,640
Speaker 4: at home because I quit my job after UNI, thinking

85
00:04:33,640 --> 00:04:35,040
Speaker 4: I'm going to get travel, I'm going to have the

86
00:04:35,080 --> 00:04:38,200
Speaker 4: time of my life, find myself, and then COVID happened

87
00:04:38,240 --> 00:04:41,080
Speaker 4: and shut all my plans down. So I got this

88
00:04:41,200 --> 00:04:44,840
Speaker 4: job also within the media field, and it was the

89
00:04:44,839 --> 00:04:48,599
Speaker 4: most toxic environment i've ever been in. I think the

90
00:04:48,640 --> 00:04:51,560
Speaker 4: red flags were flying off when I first started my

91
00:04:51,640 --> 00:04:55,160
Speaker 4: interview with the managing director, and then it just kind

92
00:04:55,160 --> 00:04:59,320
Speaker 4: of felt like very mean girls with like thirty year

93
00:04:59,400 --> 00:05:02,800
Speaker 4: old men and women. It was very strange.

94
00:05:03,000 --> 00:05:04,400
Speaker 2: Oh my gosh.

95
00:05:04,480 --> 00:05:04,760
Speaker 1: No.

96
00:05:05,440 --> 00:05:07,880
Speaker 4: Yeah, there was this one instance where I think he

97
00:05:08,080 --> 00:05:11,080
Speaker 4: was one of the directors who'll go around asking everyone

98
00:05:11,120 --> 00:05:13,040
Speaker 4: for a coffee. So he'll be like, hey, Victoria, do

99
00:05:13,040 --> 00:05:14,799
Speaker 4: you want a coffee? Hehs, do you want a coffee?

100
00:05:14,880 --> 00:05:17,800
Speaker 4: Completely ignore one person in the room and skip them

101
00:05:17,800 --> 00:05:20,359
Speaker 4: and go the person sitting next to them, and it

102
00:05:20,480 --> 00:05:23,719
Speaker 4: was just so obvious. I just I think after my

103
00:05:23,760 --> 00:05:25,160
Speaker 4: first week there, I was like, I need to get

104
00:05:25,160 --> 00:05:28,800
Speaker 4: out of here, like I was so unhappy. And then

105
00:05:28,880 --> 00:05:32,520
Speaker 4: that's when I started mass applying to everything and was like,

106
00:05:32,720 --> 00:05:35,520
Speaker 4: even if I was not qualified at all, I just

107
00:05:35,520 --> 00:05:37,680
Speaker 4: applied anyway, Like what's the worst that could happen, that

108
00:05:37,720 --> 00:05:41,400
Speaker 4: will ghost me whatever, And then I landed this job here,

109
00:05:41,440 --> 00:05:45,200
Speaker 4: which I'm really happy with. Everyone's super lovely, getting paid

110
00:05:45,240 --> 00:05:47,479
Speaker 4: more than ever, but my mom still doesn't know what

111
00:05:47,520 --> 00:05:47,800
Speaker 4: I do.

112
00:05:48,400 --> 00:05:52,480
Speaker 2: She's great, Oh no, so what do you currently do

113
00:05:52,520 --> 00:05:54,240
Speaker 2: for work and how much money do you earn?

114
00:05:54,440 --> 00:05:57,240
Speaker 4: So I'm currently working in the dart in analytics space,

115
00:05:57,320 --> 00:06:00,800
Speaker 4: specifically marketing. So I'm a senior mark analysts and I

116
00:06:00,800 --> 00:06:03,320
Speaker 4: earn one hundred and thirty grand a year plus my

117
00:06:03,440 --> 00:06:05,200
Speaker 4: super plus a twenty percent bonus.

118
00:06:05,240 --> 00:06:07,000
Speaker 2: Oh wow, that's exciting.

119
00:06:07,320 --> 00:06:11,159
Speaker 4: Yeah, can considering way from like forty five grand to

120
00:06:11,240 --> 00:06:14,120
Speaker 4: one hundred and thirty within like a few years. That's

121
00:06:14,160 --> 00:06:16,760
Speaker 4: pretty cool. I love what I do. It's really it's

122
00:06:16,800 --> 00:06:19,240
Speaker 4: really interesting looking into like all the data stuff of

123
00:06:19,320 --> 00:06:22,560
Speaker 4: marketing and like first party data and everything as well.

124
00:06:23,279 --> 00:06:25,200
Speaker 4: And then I have a rental income of five hundred

125
00:06:25,200 --> 00:06:28,640
Speaker 4: and fifty a week and my wedding side hustle which

126
00:06:28,720 --> 00:06:31,920
Speaker 4: is ticking over two hundred and ten grand and becomes

127
00:06:31,960 --> 00:06:34,400
Speaker 4: our one year anniversary next month.

128
00:06:34,480 --> 00:06:36,760
Speaker 2: I need to know what do you do? How are

129
00:06:36,800 --> 00:06:40,040
Speaker 2: you doing it? What is this company? I just need

130
00:06:40,040 --> 00:06:40,799
Speaker 2: to know more.

131
00:06:40,720 --> 00:06:44,360
Speaker 4: Wedding photography and videography, which is really nice. Me and

132
00:06:44,400 --> 00:06:47,800
Speaker 4: my partner do it. He's a professional videographer and photographer

133
00:06:48,200 --> 00:06:50,640
Speaker 4: as a career, so he has all the gear and

134
00:06:50,720 --> 00:06:53,039
Speaker 4: all the knowledge behind that, and he needs to do

135
00:06:53,080 --> 00:06:55,360
Speaker 4: weddings as part of his media company. And then after

136
00:06:55,400 --> 00:06:57,840
Speaker 4: he sold it, people kept coming to him for like

137
00:06:58,000 --> 00:06:59,520
Speaker 4: shooting their weddings and stuff, and I was like, I'm

138
00:06:59,520 --> 00:07:01,960
Speaker 4: going to read and I'm going to take it away

139
00:07:02,160 --> 00:07:06,320
Speaker 4: from the traditional media vibe. So everything's very like soft pinks,

140
00:07:06,520 --> 00:07:09,479
Speaker 4: rich burgundies. Very nice. It also helps. I have a

141
00:07:09,480 --> 00:07:12,800
Speaker 4: background in marketing, so like paid marketing is.

142
00:07:12,800 --> 00:07:14,440
Speaker 2: Like one point and I'm very helpful.

143
00:07:14,760 --> 00:07:17,240
Speaker 4: Yeah, but yeah, it's a really nice thing we do

144
00:07:17,320 --> 00:07:17,840
Speaker 4: on the side.

145
00:07:17,920 --> 00:07:21,320
Speaker 2: Oh how exciting. That is so cool. So do you

146
00:07:21,480 --> 00:07:23,520
Speaker 2: work full time during the week and then do that

147
00:07:23,600 --> 00:07:23,880
Speaker 2: on the.

148
00:07:23,840 --> 00:07:26,680
Speaker 4: Weekends, Yeah, which becomes a lot.

149
00:07:27,040 --> 00:07:28,120
Speaker 2: It sounds like a lot.

150
00:07:28,400 --> 00:07:31,560
Speaker 4: Yeah, but we're really good. We kind of set a

151
00:07:31,640 --> 00:07:33,920
Speaker 4: limit on how many we do a week or a month,

152
00:07:34,760 --> 00:07:36,320
Speaker 4: and then we just chop it off and if we

153
00:07:36,320 --> 00:07:38,480
Speaker 4: don't want to take it on, we don't. It's more

154
00:07:38,520 --> 00:07:41,440
Speaker 4: important finding the people that you know, suits our vibe,

155
00:07:41,760 --> 00:07:43,880
Speaker 4: that we get along with, because I think we spend

156
00:07:43,880 --> 00:07:46,680
Speaker 4: the whole day with you, like we're there the whole day.

157
00:07:46,720 --> 00:07:49,400
Speaker 4: There's no going anywhere. If you don't feel comfortable with us,

158
00:07:50,040 --> 00:07:52,040
Speaker 4: it makes for a very awkward portrait session.

159
00:07:52,360 --> 00:07:52,600
Speaker 1: Yeah.

160
00:07:52,600 --> 00:07:57,440
Speaker 2: One hundred percent. One hundred percent. So you are absolutely

161
00:07:57,480 --> 00:08:00,560
Speaker 2: smashing it. You've basically tripled your income and you and

162
00:08:00,640 --> 00:08:04,240
Speaker 2: your partner have this epic wedding side hustle business. Talk

163
00:08:04,280 --> 00:08:06,400
Speaker 2: to me about what your big money goal at the

164
00:08:06,400 --> 00:08:07,040
Speaker 2: moment is.

165
00:08:07,320 --> 00:08:09,720
Speaker 4: I would love to have my own little home in

166
00:08:09,760 --> 00:08:13,920
Speaker 4: Sydney that's where I'm based, with a backyard for my dogs,

167
00:08:13,920 --> 00:08:18,120
Speaker 4: which kind of puts me of like purchase price well

168
00:08:18,160 --> 00:08:20,680
Speaker 4: into like two meal around there if you want like

169
00:08:20,680 --> 00:08:24,840
Speaker 4: a backyard, So not the cheapest place to buy a property.

170
00:08:24,880 --> 00:08:27,840
Speaker 4: I think that's a goal within the next few years

171
00:08:28,000 --> 00:08:30,680
Speaker 4: that we might tick off, but for now, I really

172
00:08:30,720 --> 00:08:31,800
Speaker 4: want to travel a bit more.

173
00:08:32,040 --> 00:08:35,000
Speaker 2: That's so exciting. I feel like a big money goal

174
00:08:35,320 --> 00:08:37,720
Speaker 2: like that can be really overwhelming, but it sounds like

175
00:08:37,720 --> 00:08:39,200
Speaker 2: you're really optimistic about it.

176
00:08:39,520 --> 00:08:39,760
Speaker 1: Yeah.

177
00:08:39,800 --> 00:08:41,559
Speaker 4: I think it helps with the side dussle.

178
00:08:41,480 --> 00:08:44,880
Speaker 2: Oh totally. And to be super pervy, what does your

179
00:08:44,880 --> 00:08:46,720
Speaker 2: partner do Monday to Friday, nine to five.

180
00:08:46,840 --> 00:08:48,000
Speaker 4: He has a media agency.

181
00:08:48,320 --> 00:08:50,520
Speaker 2: Yeah, awesome, So he's got his own thing going on,

182
00:08:50,600 --> 00:08:53,080
Speaker 2: and then you've got this wedding thing together and then

183
00:08:53,200 --> 00:08:56,360
Speaker 2: you are absolutely killing it in your career. That's all

184
00:08:56,720 --> 00:08:59,200
Speaker 2: so so exciting, all right, I have so many questions.

185
00:08:59,240 --> 00:09:00,960
Speaker 2: We're going to kind of really quick break and then

186
00:09:01,000 --> 00:09:02,720
Speaker 2: when we get back, I actually want to ask you

187
00:09:02,760 --> 00:09:05,480
Speaker 2: a little bit more about that rental income you mentioned.

188
00:09:05,559 --> 00:09:13,080
Speaker 2: Don't go anywhere, guys, money diarist. You mentioned before that

189
00:09:13,120 --> 00:09:15,360
Speaker 2: you have a five hundred and fifty dollars per week

190
00:09:15,400 --> 00:09:18,080
Speaker 2: rental income. How did that come to be? How did

191
00:09:18,080 --> 00:09:20,560
Speaker 2: you end up with rental income? Is this your property

192
00:09:20,679 --> 00:09:23,200
Speaker 2: you and your partners? Like, when did you first purchase?

193
00:09:23,240 --> 00:09:25,120
Speaker 2: I want to know all the juicy details.

194
00:09:25,280 --> 00:09:27,760
Speaker 4: It is my property that I purchased. It's inter state,

195
00:09:27,840 --> 00:09:30,679
Speaker 4: so the property is in Brisbane. So I purchased it

196
00:09:30,720 --> 00:09:34,160
Speaker 4: two years ago, which is the anniversary of my fixed

197
00:09:34,240 --> 00:09:37,080
Speaker 4: rate coming off fix, which is quite depressing.

198
00:09:38,640 --> 00:09:39,559
Speaker 2: Yeah.

199
00:09:39,600 --> 00:09:42,280
Speaker 4: So my brother goes to UNI up in Brisbane, so

200
00:09:42,360 --> 00:09:45,360
Speaker 4: he was using like student accommodation for a while, and

201
00:09:45,400 --> 00:09:47,400
Speaker 4: then it got to a point where we realized he

202
00:09:47,520 --> 00:09:50,719
Speaker 4: wasn't coming back to Sydney to study or anything, so

203
00:09:51,120 --> 00:09:52,960
Speaker 4: we figured that I might as well buy it up there.

204
00:09:53,040 --> 00:09:56,560
Speaker 4: He paid me very minimum rent for the first year

205
00:09:56,600 --> 00:09:58,720
Speaker 4: that he was there, and then he moved out with

206
00:09:58,760 --> 00:10:00,599
Speaker 4: his girlfriend and I got like a a tenant in

207
00:10:00,720 --> 00:10:03,360
Speaker 4: giving me proper rent, which was nice. Do you want

208
00:10:03,360 --> 00:10:04,640
Speaker 4: to know the finances behind?

209
00:10:04,920 --> 00:10:06,840
Speaker 2: Yeah? I was gonna say that is so exciting I

210
00:10:06,840 --> 00:10:09,080
Speaker 2: would love to know more about how you saved for

211
00:10:09,120 --> 00:10:12,240
Speaker 2: that first property, given you haven't been in your current

212
00:10:12,320 --> 00:10:15,120
Speaker 2: role as long as that property has been owned.

213
00:10:15,920 --> 00:10:17,680
Speaker 4: It was a lot of saving for my Europe. Chope,

214
00:10:17,679 --> 00:10:20,160
Speaker 4: it's just my whole Europe funds went into there, So

215
00:10:20,280 --> 00:10:22,760
Speaker 4: I think I put down I purchased the property for

216
00:10:23,000 --> 00:10:26,200
Speaker 4: four hundred and forty thousand, so I think I put

217
00:10:26,240 --> 00:10:29,560
Speaker 4: down around one hundred eighty grand on it.

218
00:10:29,640 --> 00:10:32,240
Speaker 2: Oh my gosh, how on earth did you come to

219
00:10:32,320 --> 00:10:35,520
Speaker 2: have that much savings? I'm so impressed.

220
00:10:35,600 --> 00:10:38,559
Speaker 4: I worked a lot when I was in Uni. I

221
00:10:38,559 --> 00:10:41,320
Speaker 4: think I started, like first year out of UNI, just

222
00:10:41,320 --> 00:10:45,040
Speaker 4: doing like your typical retail jobs. I mostly stocked cosmetics,

223
00:10:45,040 --> 00:10:46,959
Speaker 4: so I worked at Sofara and Mecha, which paid a

224
00:10:47,000 --> 00:10:51,000
Speaker 4: little bit better than normal like clothing retail. And then

225
00:10:51,120 --> 00:10:53,840
Speaker 4: all the money that I saved from working just all

226
00:10:53,880 --> 00:10:56,920
Speaker 4: went into that, which made me feel really sad when

227
00:10:56,960 --> 00:10:59,520
Speaker 4: I like signed all my money away. But it's good.

228
00:10:59,640 --> 00:11:02,680
Speaker 4: It's a lot in value. I had it revalued recently

229
00:11:02,800 --> 00:11:05,480
Speaker 4: and it is six hundred k. Now it's quite a

230
00:11:05,520 --> 00:11:07,360
Speaker 4: bit of equity, which is nice. I'm hoping I can

231
00:11:07,440 --> 00:11:11,200
Speaker 4: use that. Oh my gosh, what yeah, I think I

232
00:11:11,240 --> 00:11:12,120
Speaker 4: bought pre COVID.

233
00:11:12,320 --> 00:11:15,080
Speaker 2: Yeah, no, but all of that works out really nicely

234
00:11:15,160 --> 00:11:17,319
Speaker 2: to have purchased for four forty and now it's worth

235
00:11:17,400 --> 00:11:20,080
Speaker 2: six hundred K. You absolutely need to come and talk

236
00:11:20,120 --> 00:11:22,000
Speaker 2: to one of our Zello brokers to see what you

237
00:11:22,040 --> 00:11:23,360
Speaker 2: can do as your next step.

238
00:11:23,640 --> 00:11:26,000
Speaker 4: Yeah, definitely, all right.

239
00:11:26,120 --> 00:11:28,840
Speaker 2: Next question I have for you, so we already know

240
00:11:28,920 --> 00:11:31,920
Speaker 2: about your property, talk to me about debts. What is

241
00:11:31,920 --> 00:11:34,120
Speaker 2: the mortgage on that currently and do you have any

242
00:11:34,160 --> 00:11:34,760
Speaker 2: other debts?

243
00:11:35,080 --> 00:11:37,600
Speaker 4: So I have the current mortgage. I wrote this all

244
00:11:37,600 --> 00:11:40,120
Speaker 4: down for you. The current mortgage three hundred and fifty

245
00:11:40,120 --> 00:11:42,920
Speaker 4: grand on the home loan a thirty grand hexet. I

246
00:11:42,960 --> 00:11:46,520
Speaker 4: did a double degree in media and commerce, may have

247
00:11:46,559 --> 00:11:49,080
Speaker 4: failed the subject or two, so it's not looking pretty.

248
00:11:49,240 --> 00:11:51,600
Speaker 2: We won't talk about that. Thirty K for a double

249
00:11:51,640 --> 00:11:52,920
Speaker 2: degree is pretty good.

250
00:11:52,840 --> 00:11:55,520
Speaker 4: Which I think it was sitting at around forty. I

251
00:11:55,520 --> 00:11:57,439
Speaker 4: think it helps that I earn a little bit higher,

252
00:11:57,480 --> 00:11:59,800
Speaker 4: so it takes away a bit more so when I

253
00:11:59,840 --> 00:12:02,440
Speaker 4: get my pay slip if they all lump it into tax,

254
00:12:02,840 --> 00:12:05,360
Speaker 4: so all my normal income tax with my hextare all

255
00:12:05,400 --> 00:12:08,400
Speaker 4: come out. Yeah, very sad amount to look at. And

256
00:12:08,440 --> 00:12:12,160
Speaker 4: then I also salary sacrifice for my car, which costs

257
00:12:12,200 --> 00:12:15,760
Speaker 4: me around seven hundred and fifty or fortnite. Oh cool, Yeah,

258
00:12:15,800 --> 00:12:18,040
Speaker 4: but that pretty much seven to fifty that pays for

259
00:12:18,080 --> 00:12:22,439
Speaker 4: the car, pays for my petrol, servicing, tires, any insurances,

260
00:12:22,559 --> 00:12:25,640
Speaker 4: green slips and stuff like that. So the car is

261
00:12:25,960 --> 00:12:28,480
Speaker 4: salary sacrifice for three years. I did go for a

262
00:12:28,480 --> 00:12:29,480
Speaker 4: bougier car.

263
00:12:30,240 --> 00:12:31,800
Speaker 2: I was about to say, so, you're saying it was

264
00:12:31,840 --> 00:12:34,640
Speaker 2: seven to fifty per fortnite, which according to my calculations

265
00:12:34,679 --> 00:12:37,040
Speaker 2: is very close to maybe twenty thousand is Ish dollars

266
00:12:37,160 --> 00:12:39,640
Speaker 2: a year, which if it's a three year loan, that's

267
00:12:39,679 --> 00:12:41,760
Speaker 2: about sixty thousand dollars. What are you driving? We need

268
00:12:41,800 --> 00:12:46,800
Speaker 2: to know Mercedes, a fancy girl car.

269
00:12:47,000 --> 00:12:48,960
Speaker 4: Yeah. The interior of the car, there's like the whole

270
00:12:48,960 --> 00:12:51,800
Speaker 4: screen that goes across from the driver to the passenger side.

271
00:12:52,320 --> 00:12:54,480
Speaker 4: It was very bougie and I couldn't look last.

272
00:12:55,559 --> 00:12:58,960
Speaker 2: Well, we all have very different money goals. So do

273
00:12:59,040 --> 00:13:01,920
Speaker 2: you have any other their debts apart from the hex

274
00:13:02,000 --> 00:13:04,199
Speaker 2: step that you mentioned and the mortgage and obviously your

275
00:13:04,240 --> 00:13:07,120
Speaker 2: salary sacrificing a car, which let's call that a debt

276
00:13:07,160 --> 00:13:09,320
Speaker 2: because it's a consistent repayment. You need to make.

277
00:13:09,440 --> 00:13:10,679
Speaker 4: No no other debts.

278
00:13:11,040 --> 00:13:12,120
Speaker 2: How exciting?

279
00:13:12,280 --> 00:13:12,600
Speaker 1: All right?

280
00:13:12,640 --> 00:13:15,080
Speaker 2: I want to know you said before, and so I'm

281
00:13:15,120 --> 00:13:17,320
Speaker 2: really interested to know what you think this is. You're

282
00:13:17,440 --> 00:13:20,199
Speaker 2: maybe now a B or a C, and two years

283
00:13:20,240 --> 00:13:22,640
Speaker 2: ago maybe you were in A So I want to know, now,

284
00:13:22,720 --> 00:13:24,360
Speaker 2: what do you think your best money habit is.

285
00:13:24,640 --> 00:13:29,360
Speaker 4: I'm that person that loves points, So I put all

286
00:13:29,360 --> 00:13:31,800
Speaker 4: my expenses on my credit card and then I pay

287
00:13:31,840 --> 00:13:34,240
Speaker 4: it off pretty much as I buy. So if I

288
00:13:34,280 --> 00:13:36,800
Speaker 4: went to woo work spent two hundred bucks, I'll transfer

289
00:13:36,840 --> 00:13:38,679
Speaker 4: to two hundred bucks and pay it off straight away. I've

290
00:13:38,679 --> 00:13:42,280
Speaker 4: gone very strict with myself on that, which I guess

291
00:13:42,360 --> 00:13:45,200
Speaker 4: also pays for my flights when I go traveling. So

292
00:13:45,240 --> 00:13:47,640
Speaker 4: I've gotten like pretty nice flights for like one hundred

293
00:13:47,640 --> 00:13:49,559
Speaker 4: and two hundred dollars because I just pay the taxes.

294
00:13:49,640 --> 00:13:51,280
Speaker 2: I feel like I need to be better at this

295
00:13:51,440 --> 00:13:54,120
Speaker 2: because everyone talks about how they're getting all these free

296
00:13:54,160 --> 00:13:56,760
Speaker 2: flights and I just had to book flights recently for

297
00:13:56,800 --> 00:13:59,280
Speaker 2: a trip that I'm going on and I didn't get anything.

298
00:13:59,360 --> 00:14:01,720
Speaker 2: I think I put some points towards it that I

299
00:14:01,760 --> 00:14:02,800
Speaker 2: had and I was like, what do you mean? I

300
00:14:02,880 --> 00:14:05,440
Speaker 2: only get fifty bucks off what is this? Everybody gets

301
00:14:05,480 --> 00:14:07,040
Speaker 2: free flights. I want free flights.

302
00:14:07,080 --> 00:14:09,640
Speaker 4: You need to book the classic reward flights otherwise think

303
00:14:09,640 --> 00:14:13,720
Speaker 4: it becomes like ridiculously expensive. There's like selected types of

304
00:14:13,760 --> 00:14:14,840
Speaker 4: seats that they have opened.

305
00:14:14,920 --> 00:14:16,960
Speaker 2: I need to get everybody's tips and tricks.

306
00:14:17,080 --> 00:14:19,720
Speaker 4: I booked business class tickets to Europe for this year

307
00:14:19,720 --> 00:14:22,520
Speaker 4: and it only cost me like three four hundred dollars return.

308
00:14:22,280 --> 00:14:24,440
Speaker 2: So, oh my gosh.

309
00:14:24,000 --> 00:14:25,920
Speaker 4: I think that's my best money habit. And then like

310
00:14:26,240 --> 00:14:29,400
Speaker 4: your calls, your Wi words, your Quantus points and stuff.

311
00:14:29,760 --> 00:14:31,960
Speaker 4: I'm with Medibank for my health insurance and they have

312
00:14:32,040 --> 00:14:34,680
Speaker 4: this thing called the Live More app or Live Better

313
00:14:34,800 --> 00:14:36,760
Speaker 4: or something like that, and you earn points which you

314
00:14:36,800 --> 00:14:39,560
Speaker 4: can use to take money off your premiums. So I've

315
00:14:39,600 --> 00:14:41,200
Speaker 4: been doing that and it saves me like two three

316
00:14:41,280 --> 00:14:42,080
Speaker 4: hundred bucks a year.

317
00:14:42,160 --> 00:14:43,280
Speaker 2: That's pretty exciting.

318
00:14:43,560 --> 00:14:45,560
Speaker 4: Yeah, for like stuff you do, like getting your steps

319
00:14:45,600 --> 00:14:46,800
Speaker 4: in or like reading book.

320
00:14:47,080 --> 00:14:49,760
Speaker 2: Yes smart, Oh my gosh. All right, we'll flip it

321
00:14:49,800 --> 00:14:51,120
Speaker 2: on its head. I want to know, what do you

322
00:14:51,160 --> 00:14:52,800
Speaker 2: think your worst money habit is.

323
00:14:53,000 --> 00:14:55,440
Speaker 4: I get hyper fixated on something and I won't stop

324
00:14:55,480 --> 00:14:59,320
Speaker 4: until I get it. And most of the time that

325
00:14:59,360 --> 00:15:02,479
Speaker 4: thing that I'm really fixated on is like a nice handbag,

326
00:15:02,560 --> 00:15:05,280
Speaker 4: but it would be like a nice Chanel bag, which

327
00:15:05,360 --> 00:15:08,680
Speaker 4: does not come to you. I think if I want something,

328
00:15:08,880 --> 00:15:12,440
Speaker 4: I would get the best that there is on the

329
00:15:12,480 --> 00:15:15,240
Speaker 4: market for it. In my head, I try and rationalize it.

330
00:15:15,840 --> 00:15:17,440
Speaker 2: In your head. You try and rationalize it. How do

331
00:15:17,480 --> 00:15:19,240
Speaker 2: we rationalize a Chanel bag?

332
00:15:19,280 --> 00:15:22,440
Speaker 4: All the values increased? Heave so great investment.

333
00:15:22,800 --> 00:15:25,320
Speaker 2: I feel like everybody says that. But if I'm going

334
00:15:25,360 --> 00:15:27,120
Speaker 2: to buy a handbag, not only am I going to

335
00:15:27,280 --> 00:15:29,240
Speaker 2: use it, but there's no way you're going to pry

336
00:15:29,320 --> 00:15:31,720
Speaker 2: that off me and make me sell it. Like, yeah,

337
00:15:31,720 --> 00:15:33,600
Speaker 2: it might increase in value, but I'm gonna keep that.

338
00:15:33,840 --> 00:15:35,160
Speaker 2: Nobody's going to get that off me.

339
00:15:35,400 --> 00:15:38,400
Speaker 4: It makes me feel better. I was like, if I

340
00:15:38,440 --> 00:15:40,600
Speaker 4: wanted to, I could, but I'm not going to.

341
00:15:40,920 --> 00:15:44,280
Speaker 2: That's fair. That's fair speaking about investments, and I mean

342
00:15:44,400 --> 00:15:46,920
Speaker 2: Chanelle is probably not the best investment. In saying that,

343
00:15:46,920 --> 00:15:49,840
Speaker 2: when it does come to the financial return of Chanell bags,

344
00:15:49,880 --> 00:15:52,040
Speaker 2: I do believe over the last ten years they have

345
00:15:52,160 --> 00:15:55,760
Speaker 2: performed better than the share market, which is a bit wild.

346
00:15:55,920 --> 00:15:58,440
Speaker 2: But I want to know what do you currently invest

347
00:15:58,480 --> 00:15:59,680
Speaker 2: in and how do you do that?

348
00:15:59,800 --> 00:16:02,600
Speaker 4: Just mentioning on the Chanel bags. I bought a bag

349
00:16:02,800 --> 00:16:06,120
Speaker 4: in I think twenty eighteen or twenty sixteen or something

350
00:16:06,160 --> 00:16:08,640
Speaker 4: like that for three point five in our retails for

351
00:16:08,720 --> 00:16:11,280
Speaker 4: seven grand. So just putting it out there not bad.

352
00:16:11,640 --> 00:16:14,520
Speaker 2: Okay, that's good. But the real question here is are

353
00:16:14,520 --> 00:16:15,200
Speaker 2: you selling it?

354
00:16:15,600 --> 00:16:18,240
Speaker 4: No? But doesn't make me feel boder Yes.

355
00:16:20,320 --> 00:16:22,280
Speaker 2: You're like, no, but it does make me feel better

356
00:16:22,280 --> 00:16:23,280
Speaker 2: that it's worth that about.

357
00:16:23,840 --> 00:16:26,280
Speaker 4: Yeah, it'll never part with it, but just.

358
00:16:26,320 --> 00:16:29,640
Speaker 2: Knowing that's very fair. I want to know, though, tell

359
00:16:29,680 --> 00:16:32,520
Speaker 2: me all about your DIY investment portfolio.

360
00:16:32,840 --> 00:16:35,000
Speaker 4: So I think I have like fifteen or twenty grand

361
00:16:35,080 --> 00:16:39,600
Speaker 4: sitting in it. It's mostly ETFs and a few shares

362
00:16:39,640 --> 00:16:42,640
Speaker 4: that I just picked out because they sounded cool at

363
00:16:42,640 --> 00:16:45,640
Speaker 4: the time. I think my first one I bought was

364
00:16:46,520 --> 00:16:48,280
Speaker 4: I had no idea what I was buying. I was

365
00:16:48,320 --> 00:16:51,120
Speaker 4: on the Comsec app on the Comsex website, and you

366
00:16:51,160 --> 00:16:54,400
Speaker 4: know how there's a section that goes trending shares. I

367
00:16:54,480 --> 00:16:56,760
Speaker 4: picked on that was trending and I bought it. Yeah,

368
00:16:56,800 --> 00:16:59,480
Speaker 4: and it actually was like the best performer in my.

369
00:17:00,320 --> 00:17:02,520
Speaker 2: For a solid investment strategy.

370
00:17:02,600 --> 00:17:06,159
Speaker 4: Yeah. Other than that, it's just your usual ETFs, like

371
00:17:06,200 --> 00:17:09,000
Speaker 4: the very common ones I've been putting money into. I

372
00:17:09,040 --> 00:17:13,000
Speaker 4: was introduced to shares from pretty much after high school

373
00:17:13,040 --> 00:17:15,520
Speaker 4: and UNI. I think it was something that my boyfriends

374
00:17:15,520 --> 00:17:17,320
Speaker 4: at the time we were really into. So I dated

375
00:17:17,320 --> 00:17:21,280
Speaker 4: someone that was an options trader, so that's all that

376
00:17:21,359 --> 00:17:23,960
Speaker 4: he would talk about, and then other people that were

377
00:17:24,000 --> 00:17:27,040
Speaker 4: like in the investment industry. So I learned a lot

378
00:17:27,119 --> 00:17:30,320
Speaker 4: about different strategies and different what your different options are

379
00:17:30,400 --> 00:17:33,480
Speaker 4: through them, which forever grateful even if it didn't work out,

380
00:17:34,520 --> 00:17:36,960
Speaker 4: at least I learned something and moved on. I also

381
00:17:36,960 --> 00:17:39,320
Speaker 4: have the investment property in Brisbane which is at six

382
00:17:39,400 --> 00:17:41,880
Speaker 4: hundred K and super which is thirty K.

383
00:17:42,320 --> 00:17:44,760
Speaker 2: Yeah, so good. I love that you've lumped in even

384
00:17:44,760 --> 00:17:47,880
Speaker 2: though you have a DII investment platform, you've still included

385
00:17:47,920 --> 00:17:50,960
Speaker 2: superannuation because it's so important to still see that as

386
00:17:51,000 --> 00:17:54,560
Speaker 2: a proper investment, and that is actually putting you in

387
00:17:54,640 --> 00:17:58,320
Speaker 2: a better position to working towards financial freedom. Now that

388
00:17:58,359 --> 00:18:00,000
Speaker 2: we've had this chat, I feel like I've learned to

389
00:18:00,040 --> 00:18:01,560
Speaker 2: lot about you. I feel like we're on the same

390
00:18:01,560 --> 00:18:04,720
Speaker 2: page when it comes to valuing Chanell bags, but also

391
00:18:04,800 --> 00:18:07,359
Speaker 2: maybe not wanting to part with them. I want to

392
00:18:07,359 --> 00:18:10,439
Speaker 2: know you said earlier that I'd probably give myself a

393
00:18:10,440 --> 00:18:12,440
Speaker 2: B or a C when it came to money habits.

394
00:18:12,440 --> 00:18:14,840
Speaker 2: But I feel like you've got it pretty sorted out.

395
00:18:14,920 --> 00:18:17,560
Speaker 2: You've got a really good income. You're earning one thirty

396
00:18:17,600 --> 00:18:20,520
Speaker 2: plus super plus a twenty percent bonus, which to me

397
00:18:20,720 --> 00:18:23,440
Speaker 2: is wild. You want to buy a home, You've already

398
00:18:23,480 --> 00:18:26,440
Speaker 2: got an investment property, you're investing in Chares and Chanell.

399
00:18:26,960 --> 00:18:28,440
Speaker 2: Do you still think you're sitting at a B or

400
00:18:28,480 --> 00:18:30,240
Speaker 2: a C? Would you want to change that at all?

401
00:18:30,280 --> 00:18:32,640
Speaker 4: I think still a BEER or a C. Like all

402
00:18:32,640 --> 00:18:34,679
Speaker 4: that money that I made last year was all spence,

403
00:18:34,800 --> 00:18:37,960
Speaker 4: so not the best on my behalf.

404
00:18:38,200 --> 00:18:40,600
Speaker 2: That's very fair. I feel like being honest about our

405
00:18:40,680 --> 00:18:43,480
Speaker 2: situations means we can put ourselves in a better one

406
00:18:43,560 --> 00:18:46,639
Speaker 2: in the future, Money Direst. I have loved having this

407
00:18:46,720 --> 00:18:49,679
Speaker 2: conversation with you. I feel like it's so interesting to

408
00:18:49,720 --> 00:18:52,200
Speaker 2: talk to people, especially people like you. Where you said,

409
00:18:52,280 --> 00:18:55,840
Speaker 2: I've grown up with immigrant parents. They were completely polar opposites,

410
00:18:56,080 --> 00:18:58,199
Speaker 2: and it's so interesting to see what like types of

411
00:18:58,240 --> 00:19:01,560
Speaker 2: personality traits you might have got either of them. Because

412
00:19:01,720 --> 00:19:03,960
Speaker 2: now that you're talking about it, you are so structured

413
00:19:03,960 --> 00:19:05,560
Speaker 2: and you are so good with it, and I don't

414
00:19:05,560 --> 00:19:08,000
Speaker 2: think you're giving yourself as much credit as you could,

415
00:19:08,280 --> 00:19:11,760
Speaker 2: which maybe leans towards your tiger mum. But then you're

416
00:19:11,760 --> 00:19:13,959
Speaker 2: also kind of carefree, which leans a little bit more

417
00:19:14,000 --> 00:19:15,960
Speaker 2: towards your dad, which is so beautiful to see it

418
00:19:16,000 --> 00:19:17,320
Speaker 2: coming out in different ways.

419
00:19:17,800 --> 00:19:18,560
Speaker 4: That's so nice.

420
00:19:18,800 --> 00:19:24,320
Speaker 2: I think, thank you, no, well, thank you so much. Unfortunately,

421
00:19:24,400 --> 00:19:26,760
Speaker 2: that is all we have time for today, and I'm

422
00:19:26,800 --> 00:19:28,640
Speaker 2: sure we'll speak soon. Thank you so much for your

423
00:19:28,640 --> 00:19:29,280
Speaker 2: money diary.

424
00:19:29,720 --> 00:19:30,520
Speaker 4: Thanks for having me.

425
00:19:36,920 --> 00:19:39,480
Speaker 2: The advice shared on She's on the Money is general

426
00:19:39,520 --> 00:19:43,399
Speaker 2: in nature and does not consider your individual circumstances. She's

427
00:19:43,440 --> 00:19:46,879
Speaker 2: on the Money exists purely for educational purposes and should

428
00:19:46,920 --> 00:19:50,080
Speaker 2: not be relied upon to make an investment or financial decision.

429
00:19:50,480 --> 00:19:53,080
Speaker 2: If you do choose to buy a financial product.

430
00:19:52,760 --> 00:19:56,600
Speaker 5: Read the PDS TMD and obtain appropriate financial advice.

431
00:19:56,320 --> 00:19:57,639
Speaker 2: Tailored towards your needs.

432
00:19:58,000 --> 00:20:01,000
Speaker 5: Victoria Divine and She's on the Line Money are authorized

433
00:20:01,040 --> 00:20:04,040
Speaker 5: representatives of Money. Serber P T Y L T D

434
00:20:04,280 --> 00:20:07,080
Speaker 5: A B N three two one six four nine two

435
00:20:07,119 --> 00:20:10,080
Speaker 5: seven seven zero eight a F S L four five

436
00:20:10,160 --> 00:20:13,479
Speaker 5: one two eight nine