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

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Speaker 1: the Order Kerney Whoalbury 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 the podcast

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Speaker 2: are millennials who want financial freedom. Welcome back to another

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Speaker 2: one of our money diaries where I get the absolute

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Speaker 2: pleasure of sitting down with one of our Shees on

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Speaker 2: the Money community members to learn all about their money story.

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Speaker 2: Let's jump into it, because this week I got a

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Speaker 2: message and it sounded exactly like this. Hi, Victoria, I

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Speaker 2: love your podcast. I have been a long term listener

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Speaker 2: for a few years and thought my story may encourage

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Speaker 2: someone to keep going with their financial goals. I'm now

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Speaker 2: twenty seven. With some savvy savings and investments, my partner

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Speaker 2: and I have been able to purchase a one point

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Speaker 2: three million dollar property in Sydney at the age of

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Speaker 2: twenty six with no financial help from family or friends.

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Speaker 2: We've been in the property for almost a year and

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Speaker 2: we couldn't be happier. I'd love to share how we

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Speaker 2: did it with the community and encourage anyone who has

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Speaker 2: a similar dream on their journey. Oh, money diarists, you're

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Speaker 2: just coming straight in being a baller, Okay, no worries,

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Speaker 2: Welcome to the show.

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Speaker 3: Hi, thanks for having me.

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Speaker 2: Oh, I'm so excited about this for you. Congrats on

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Speaker 2: the purchase by the away.

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Speaker 3: Yeah, we're very happy.

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Speaker 2: Oh my gosh, I love it. All right, let's start

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Speaker 2: as we always do money dives. I want to know

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Speaker 2: what grade would you give your money habits on a

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Speaker 2: scale from A through to F if I asked you

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Speaker 2: to give them a grade?

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Speaker 3: Ooh, I think I would give myself a bit of

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Speaker 3: a generous aimnus.

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Speaker 2: All right, that seems very good. I can't wait to

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Speaker 2: learn more. My favorite question of all time, can you

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Speaker 2: please tell me a little bit more about your money story?

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Speaker 3: My partner and I. We've been together for about five years,

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Speaker 3: and essentially when we got together, we basically had the

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Speaker 3: dream of owning a family home that had a big,

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Speaker 3: beautiful backyard. My partner, he's from the country, so that's

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Speaker 3: what he always grew up with, and we always wanted

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Speaker 3: to have a dog, essentially, and so when we met

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Speaker 3: each other, the saving stream was on. We basically tried

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Speaker 3: to save up as much as possible, and we first

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Speaker 3: started out, we lived with a family member. We slept

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Speaker 3: on a king single for about a year.

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Speaker 2: Oh my gosh, together together.

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Speaker 3: Don't recommend No, I.

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Speaker 2: Can't see how that would be a recommended option.

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Speaker 3: But it was just basically, we did a lot to

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Speaker 3: say basically, you do what you got to do exactly,

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Speaker 3: and it was just the best option for us at

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Speaker 3: the time. From there, I cracked it and we moved

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Speaker 3: out into a rental during COVID, and from there we

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Speaker 3: were able to purchase our first property, which was a villa.

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Speaker 3: Now I would love to say that it was all

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Speaker 3: savvy savings, but it definitely wasn't. My partner, he actually

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Speaker 3: took one for the team. We basically have family members

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Speaker 3: that work for banking and they basically told us that

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Speaker 3: if you work for the bank and as long as

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Speaker 3: you have been with the bank for one month, you

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Speaker 3: could pay a ten percent deposit on a property and

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Speaker 3: you don't have to pay ALAMAI. Yeah, my partner at

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Speaker 3: the time, he was working casually and so he needed

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Speaker 3: full time income anyway, and so he sold his soul

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Speaker 3: to work for a call center at one of the

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Speaker 3: big banks.

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Speaker 2: I don't know if that's selling his soul or being

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Speaker 2: a genius.

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Speaker 3: He's a genius. But he absolutely hated it.

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Speaker 2: So he did definitely take one for the tea. Then

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Speaker 2: if it was a role he wasn't passionate about.

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Speaker 3: Definitely, I mean no hate, Like some people do love

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Speaker 3: that role. I have friends who love that role. But

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Speaker 3: for him, it just wasn't a good fit.

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Speaker 2: Yeah, fair, And he.

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Speaker 3: Basically did that for about five months and then left. However,

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Speaker 3: we bought a property almost exactly a month after he started,

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Speaker 3: and then from there we were in the property for

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Speaker 3: about a year where we made the very scary decision

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Speaker 3: do we stay in this property or do we take

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Speaker 3: the gamble to sell it. It was pretty much right

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Speaker 3: at the turn of where the Russian Ukraine War was

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Speaker 3: announced and it was when we had that awful weather,

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Speaker 3: and so there was starting to be those feelers of

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Speaker 3: that interest rates are going to rise, property prices are

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Speaker 3: going to crash, and we just thought, let's sell now,

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Speaker 3: make the profit and then buy a property almost straight away,

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Speaker 3: our dream property, and put that down is a deposit,

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Speaker 3: our profit, and that's essentially how we did it.

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Speaker 2: Oh my gosh, you're going to have to tell me though,

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Speaker 2: like we need the pervy details. You can't say we

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Speaker 2: bought a villa, then we sold it. Now we have

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Speaker 2: a dream property. Like this is sheese on the money.

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Speaker 2: So how much did you pay for your villa? What

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Speaker 2: did you sell it for?

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Speaker 3: So for the villa, we bought a two bedroom, one

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Speaker 3: bathroom villa in a reasonably nice suburb, and then we

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Speaker 3: bought that for about eight hundred and we put a

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Speaker 3: eighty thousand dollars deposit, so ten percent exactly. We basically

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Speaker 3: changed up the floors, we ripped out carpet, just put

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Speaker 3: down those laminate fallboards, painted the place, and then sold

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Speaker 3: it a year later, I think it was thirteen months

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Speaker 3: later for a million and fifty.

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Speaker 2: Oh my gosh, you're a queen.

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Speaker 3: Yeah, so that was actually a record for the suburb,

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Speaker 3: for the villa. We were just lucky.

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Speaker 2: No, no, no, you worked for that. That's not just lucky.

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Speaker 2: You bought a villa, You slipped a villa. You saw

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Speaker 2: the potential, Like, I don't know what about that was luck?

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Speaker 2: My friend.

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Speaker 3: Thanks. I must admit it was very scary, very daunting.

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Speaker 3: But the mindset we had was that, yes, the villa's

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Speaker 3: going up in value, but a house will got greater

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Speaker 3: in value. And so for us it was the case

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Speaker 3: of we moved out a few suburbs to basically buy

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Speaker 3: the house. Yeah, so we would never have been able

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Speaker 3: to buy a house in the suburbs we had the villerins,

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Speaker 3: so we just moved out that little bit further and

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Speaker 3: for us, it's just ticked every box and we couldn't

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Speaker 3: be happier.

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Speaker 2: Oh my gosh. So you flipped it and then you

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Speaker 2: mentioned before thirteen months. Now I know why you said

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Speaker 2: thirteen months, But why is thirteen months important when selling

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Speaker 2: a house.

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Speaker 3: Well, because you have to be in the house for

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Speaker 3: at least a year so that you don't have to

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Speaker 3: pay capital gainstacks, because it's not clue an investment.

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Speaker 2: The second you said thirteen months, I was like, This

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Speaker 2: woman is savvy. She is all over it. Like the

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Speaker 2: factor that you even knew to get your partner into

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Speaker 2: a job where you were working for a bank so

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Speaker 2: that you could do the ten percent deposit with no LMI.

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Speaker 2: I was like, these guys have their brains switched on.

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Speaker 2: No wonder out the gate. You're like a minus easy.

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Speaker 2: There's only a very small amount of room to grow.

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Speaker 2: I love this. I'm so pervy on it. So tell

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Speaker 2: me about buying a one point three million dollar property.

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Speaker 2: What type of deposit did you then have for the property?

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Speaker 2: And like, how do you feel about it now? Given

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Speaker 2: interest rate rises?

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Speaker 3: So we were actually incredibly lucky. So the bank that

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Speaker 3: we are with with our mortgage, we basically were able

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Speaker 3: to port our loan from the past property. So basically

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Speaker 3: we had about half of our mortgage is fixed and

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Speaker 3: so that is fixed that a two percent interest rate

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Speaker 3: until twenty twenty five.

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Speaker 2: Literally get wrecked.

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Speaker 3: Yeah, because we were able to jo for that across

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Speaker 3: and so not many banks do it, but the bank

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Speaker 3: wherewith does, So it was very lucky for us. So

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Speaker 3: I feel really good because when we bought our property,

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Speaker 3: it was literally about six months later from when we

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Speaker 3: sold our property, and so things had turned a little bit.

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Speaker 3: It was just after the peak in property prices in Sydney,

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Speaker 3: and essentially we just had the mindset of, all right,

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Speaker 3: we got twenty percent deposit. We either do it now

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Speaker 3: or we wait and see what happens. I just had

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Speaker 3: a gut feeling that Sydney prices never really stay down

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Speaker 3: for long.

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Speaker 2: No, they don't.

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Speaker 3: And I knew immigration was going to open again. I

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Speaker 3: knew things were going to happen, and so I'm very

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Speaker 3: lucky that my partner said go for it. I trust you,

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Speaker 3: and we just found the right property and it all

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Speaker 3: basically just fell into place.

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Speaker 2: Oh my gosh, I love this so much. And now

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Speaker 2: you're in more than a million dollars worth of debt.

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Speaker 2: Tell me what that feels like.

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Speaker 3: Yeah, it's a million and fifty. Honestly, it is scary. However,

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Speaker 3: I think we came at it with a very good

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Speaker 3: mindset where we budgeted very well, knowing what each of

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Speaker 3: our salaries are, and we basically planned for worst case scenario.

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Speaker 3: Ye great, So I work in sales where a lot

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Speaker 3: of my income is commission, and so we didn't count

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Speaker 3: any of that commission when buying the property. And we

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Speaker 3: ensured that we had quite a significant buffer per month

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Speaker 3: to put straight into savings for things like car regio

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Speaker 3: or council rates or something like that. We made sure

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Speaker 3: we had a certain amount of money to buffer all

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Speaker 3: of that, including Christmas presents, birthdays. You don't know what

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Speaker 3: could come?

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Speaker 1: Ye?

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Speaker 2: Great, I feel like that is, you know, a perfect

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Speaker 2: time to ask my next question, because you said we

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Speaker 2: really thought about our salaries. Tell me what those salaries are,

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Speaker 2: how much do you earn? And what is your job?

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Speaker 3: So as a whole, my partner here is on about

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Speaker 3: just under seventy And for myself it does fluctuate again

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Speaker 3: because I work in sales, and I work in sales

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Speaker 3: in the health industry, and so last year I took

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Speaker 3: home about one hundred and sixty.

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Speaker 2: Oh my gosh, how did you get into sales in

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Speaker 2: the health industry? And tell me a bit more about

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Speaker 2: the actual breakdown of your role because obviously some of

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Speaker 2: that is going to be made up of commission.

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Speaker 3: Yes, So I got into it basically straight out of UNI.

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Speaker 3: I didn't know what I wanted to do, So I

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Speaker 3: actually got into one of the lower pharmaceutical sales. Hated

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Speaker 3: it left that eighty months later and just got really

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Speaker 3: lucky with this role that came up. But it just

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Speaker 3: seemed to be the perfect fit for me, and ever since,

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Speaker 3: there's just been climbing as demand for the job. It's

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Speaker 3: great because I'll never lose a job because everyone needs health, right.

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Speaker 2: I love that smart woman.

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Speaker 3: And so if we break down my salary, it's about

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Speaker 3: one hundred and seven, which is my base, and then

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Speaker 3: I get a fifteen K car allowance, and then the

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Speaker 3: remainder is commission where if you hit one hundred percent

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Speaker 3: of target per quarter you get about ten thousand.

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Speaker 2: That is very exciting. I feel like that would motivate

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Speaker 2: me a lot. Do you find yourself, especially working in sales,

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Speaker 2: really motivated by that big goal, like every quarter being

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Speaker 2: like if I do this and I, you know, really

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Speaker 2: slogged it at work, I'm going to smash it. Or

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Speaker 2: you maybe not as motivated by that.

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Speaker 3: My personality, I'm very goal orientated, So sales was the

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Speaker 3: perfect role for me. I love having something to work towards,

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Speaker 3: and essentially, again even in my personal life, that's how

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Speaker 3: we are where we are now. It's because I have

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Speaker 3: a goal and essentially I like to budget and work

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Speaker 3: out the parameters to achieve it. So I find it motivating.

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Speaker 2: I love it all right, Well, tell me a bit

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Speaker 2: more about your big money goals. You've got the house,

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Speaker 2: you've bought the dream house, you're in a million dollars

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Speaker 2: worth of debt. What are your other goals and what

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Speaker 2: are we working towards at the moment.

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Speaker 3: So there's a few things I'm working towards, but probably

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Speaker 3: one of the big things I'm working towards is a wedding.

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Speaker 3: My partner and I would love to get married at

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Speaker 3: the next few year, but also we're trying to get

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Speaker 3: ourselves set up for kids. Yeah, childcare is incredibly expensive.

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Speaker 3: Maternity leave is also quite expensive, and so we want

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Speaker 3: to make sure we have a big enough buffer that

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Speaker 3: we're not in financial strains when that time comes.

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Speaker 2: I adore this. I have a question, Are you engaged

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Speaker 2: at the moment?

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Speaker 3: No?

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Speaker 2: No, no, no, not a bad question. I was talking

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Speaker 2: about marriage with my partner and we moved in together

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Speaker 2: and we bought a house way before we got married.

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Speaker 2: And I always find it an interesting conversation because the

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Speaker 2: other day I was talking to a girlfriend and she

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Speaker 2: was like, Oh, I wish I was getting married soon.

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Speaker 2: And I was like, oh, like, do you talk about it?

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Speaker 2: And she's like, no, I'd never mention it. I don't

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Speaker 2: want him to think that I'm putting any pressure on.

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Speaker 2: And I was like, I don't think I put pressure on.

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Speaker 2: But also I was quite clear, like if we buy

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Speaker 2: a house, I do want to get married, I do

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Speaker 2: want to have kids. These are my goals. What time

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Speaker 2: frame are you thinking? Like what works for you? How

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Speaker 2: have you had these conversations with your partner?

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Speaker 3: And oh, we're exactly the same. Yeah, we have a house.

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Speaker 3: So it's all about honest communication, openness. We talk about

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Speaker 3: it quite a lot. And for us, even though we

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Speaker 3: want to get married right now, financially, we know it's

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Speaker 3: not the right time and so it doesn't change anything marriage.

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Speaker 3: We're committed to each other. And again, we've got a house,

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Speaker 3: we've got a dog, we've got it all. So for us,

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Speaker 3: it's just when we're financially ready, that's when we'll do it.

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Speaker 2: I love that conversation. I also want to ask a

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Speaker 2: really perfect question because you mentioned that your partner earns

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Speaker 2: just under seventy grand but you're in like one sixty.

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Speaker 2: Who's paying for the ring?

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Speaker 3: We have a joint account. We've each got our own

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Speaker 3: accounts and we each put a specific amount of money

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Speaker 3: into that account per month. So we've had the discussion

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Speaker 3: that when it does come time, the money is just

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Speaker 3: going to come from the joint account. Of what's going

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Speaker 3: to be the surprise is when he asks me, not

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Speaker 3: the fact that we're getting engaged.

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Speaker 2: Yeah, no, I love this. Also, like nice for him

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Speaker 2: to have a sure thing like yea, he knows you're

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Speaker 2: going to say yes, Like surely that will make you nervous.

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Speaker 2: I was talking to my now husband about that, and

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Speaker 2: I was like, why were you so nervous when you proposed?

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Speaker 2: Like you knew that I was going to say yeah,

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Speaker 2: Like you knew this is what I wanted. And he

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Speaker 2: was just like I don't even know, Like what if

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Speaker 2: you changed your mind?

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Speaker 3: But what happens if you don't like the ring? I

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Speaker 3: think that's the biggest nerdiness.

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Speaker 2: To be honest, I didn't even care. I was just

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Speaker 2: so happy to get a ring, and now I love

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Speaker 2: my ring. But I just couldn't care less. Like I

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Speaker 2: remember a couple of friends chatting to me and being like, well,

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Speaker 2: if I don't get this ring, like I won't be happy.

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Speaker 2: I was like, May I would have a tinfoil ring

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Speaker 2: and I would be so happy with that, Like it

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Speaker 2: really did not worry me.

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Speaker 3: Do you know what that makes me think of? What

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Speaker 3: Taylor Swift paper rings?

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Speaker 1: Oh?

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Speaker 2: Yeah, no, I would have taken a paper ring.

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Speaker 1: Easy.

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Speaker 3: Easy.

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Speaker 2: I've already asked for a necklace with his initials to

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Speaker 2: go around my neck because I'm swifty at heart. But

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Speaker 2: that is okay, even if he says that's really lame.

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Speaker 2: Who even does that you're in your thirties. I'm like,

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Speaker 2: it's not the point. It's not point, it's not the point.

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Speaker 2: Talk to me a little bit more about I guess

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Speaker 2: weddings and planning that. Obviously, you seem from my perspective

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Speaker 2: to really be across the finances in your life. Have

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Speaker 2: you discussed what type of wedding and what type of

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Speaker 2: budget you'd be looking at?

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Speaker 3: Yeah, definitely, so each to their own. My partner and

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Speaker 3: I we don't think there's great value in having a

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Speaker 3: very expensive wedding because it's one day of your life.

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Speaker 3: And so for us, my parents have offered to give

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Speaker 3: us finances for a portion of the wedding.

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Speaker 2: Oh how nice.

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Speaker 3: We don't want to really put up more than about

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Speaker 3: ten thousand, Oh my god, and then my parents will

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Speaker 3: put up about thirty and for us, that's plenty for

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Speaker 3: a wedding.

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Speaker 2: Oh my gosh, that's so much money.

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Speaker 3: Yes, but technically that's less than the average.

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Speaker 4: Yeah.

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Speaker 2: I remember having these conversations prior to getting engaged. We

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Speaker 2: would talk about what a wedding would cost, what type

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Speaker 2: of wedding my partner wanted versus me, and I would

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Speaker 2: have honestly been very happy. All I cared about was

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Speaker 2: good food. So I was like, I don't care if

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Speaker 2: we go to a registry and then we go to

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Speaker 2: a beautiful restaurant and have like a very fancy dinner

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Speaker 2: with like our favorite friends, like call it ten or

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Speaker 2: fifteen of them. Like, that's, in my head, the most

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Speaker 2: romantic wedding ever. But my husband is a member of

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Speaker 2: a soccer club and has been since he was tiny. Obviously,

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Speaker 2: that was never going to fit the brief that I had.

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Speaker 2: So we compromised and had good food in a really

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Speaker 2: big wedding, which was not a compromise. It was a

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Speaker 2: very very large financial outlay, but I don't regret it.

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Speaker 2: It was one of those things where we had those

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Speaker 2: open conversations at the beginning, and I think my partner

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Speaker 2: came to the realization. He was like, holy moley, Like,

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Speaker 2: I have met a woman that does not want a

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Speaker 2: massive wedding, and well, it's funny you say that you're

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Speaker 2: the oppice, are you.

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Speaker 3: I would love to Elope hire a photographer because that's

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Speaker 3: what's important to me, is just photos, because that's how

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Speaker 3: you're going to remember it in so many years. But

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Speaker 3: he wants a big party. We both thought, well, let's compromise.

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Speaker 3: Let's just do the big party. Why not, Like you

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Speaker 3: only get married once, but we want to do it

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Speaker 3: country style, so we want it to be super relaxed,

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Speaker 3: good music, and just everyone just get drunk.

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Speaker 2: Yep. Great, ten out of ten. Everyone at that wedding

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Speaker 2: is going to have a brilliant time. I can't wait

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Speaker 2: to hear about it. All right, let's go to a

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Speaker 2: quick break and we'll get back into the money questions

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Speaker 2: right after this. All right, money diarist, We are back,

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Speaker 2: and I am adoring the conversation that we are having.

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Speaker 2: But I want to know, do you have any investments?

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Speaker 2: If so, what are they? If not, do you have

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Speaker 2: plans to invest?

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Speaker 1: Yeah?

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Speaker 3: So when it comes to investments together. My partner and

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Speaker 3: I we have about ten thousand in stocks and that's

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Speaker 3: about it. And then, super, how.

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Speaker 2: Did you decide where to invest your ten thousand dollars

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Speaker 2: in shares?

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Speaker 3: So very honestly, I don't have an interest in the

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Speaker 3: stock market, That's fair. I left it to my partner.

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Speaker 3: Whatever he wanted to invest in or what he felt

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Speaker 3: passionate about, I just let him do it, and I

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Speaker 3: trusted him.

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Speaker 2: Love that for you, all right? I want to know

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Speaker 2: now we know about your one million and fifty thousand

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Speaker 2: dollars mortgage, bud, do you have any other debts? If so,

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Speaker 2: what are they.

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Speaker 3: The only other debt we have is my partner's hexted

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Speaker 3: and that's about twenty five thousand.

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Speaker 2: Do you have a plan to smash that out? Or

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Speaker 2: are we leaving that as is in just ticking away

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Speaker 2: or is there a plan in place at all?

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Speaker 3: We have a plan in place. This financial year, right

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Speaker 3: before they added the interest to it, we smashed out

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Speaker 3: about ten thousand, and so we're going to basically keep

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Speaker 3: smashing out hopefully roughly that same amount each year until

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Speaker 3: it's gone.

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Speaker 2: Do you have a spreadsheet? Do you track all this?

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Speaker 2: I feel like it'd be the sexies spreadsheet I've seen

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Speaker 2: in my life.

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Speaker 3: I like nothing, Absolutely no.

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Speaker 2: I'm going to fix that. I will give you my

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Speaker 2: budgeting a cash flow master class, and you can go

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Speaker 2: and do that, and I feel like you'll be even

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Speaker 2: more in control. Maybe that's what it's going to take

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Speaker 2: you from an as twinter a plus. But I want

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Speaker 2: to know now because I feel like you've got a

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Speaker 2: number of them. What is your best money habit?

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Speaker 3: Best money habit budgeting? As soon as money comes into account.

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Speaker 2: But you don't even track it, what are you doing?

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Speaker 2: How do you budget without a spreadsheet?

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Speaker 3: I'm so confused all in my head. We figure it out,

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Speaker 3: like we sit down together, we write everything up and

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Speaker 3: basically we go from there. So we have a certain

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Speaker 3: amount of accounts. You know, money for the groceries goes

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Speaker 3: into X, Y and Z, money for et cetera. Bills

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Speaker 3: goes into X, Y and Z, and we don't then

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Speaker 3: don't touch our savings and we've got the offset, so

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Speaker 3: any additional money just goes straight there.

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Speaker 2: I love that. So how do you split expenses between

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Speaker 2: you and your partner? Given you have different incomes?

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Speaker 3: So for us income it doesn't matter. So we basically

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Speaker 3: split based on what we earn. So because I earn

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Speaker 3: a significantly more, I pay more and I'm more than

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Speaker 3: happy to do that because he pays for things and

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Speaker 3: other ways.

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Speaker 2: I love this because obviously, if you've listened to my

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Speaker 2: podcasts and know the show and very much about percentage

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Speaker 2: based equity in a relationship, because obviously there's going to

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Speaker 2: be a very significant difference between someone earning about seventy

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Speaker 2: grand and someone earning about one hundred and sixty thousand dollars.

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Speaker 2: You're going to have so much more financial freedom than

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Speaker 2: he does to make decisions and go on holidays and

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Speaker 2: you even just eat out or grab an extra coffee.

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Speaker 2: How did this conversation come up when you got together?

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Speaker 2: And was there ever any friction around that or was

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Speaker 2: it just always a like, yep, we'll just split it

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Speaker 2: via percentage, Like how did you have this chat?

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Speaker 3: I guess for us, my partner and I basically when

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Speaker 3: we got together, probably about a year and time we

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00:19:00,480 --> 00:19:03,600
Speaker 3: just knew we'd be together long term. It was very organic.

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Speaker 3: I'm a very upfront person, so I'll just say it

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Speaker 3: and I'll just wear my heart in my sleeve, and

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Speaker 3: my partner He's incredibly supportive, and he loves the fact

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Speaker 3: that I earned so much. He's like, you're a girl boss.

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Speaker 3: I love it.

442
00:19:12,880 --> 00:19:15,440
Speaker 2: I would too. It's actually epic.

443
00:19:15,320 --> 00:19:17,439
Speaker 3: And so for us, it was just a case of

444
00:19:17,480 --> 00:19:19,919
Speaker 3: all right, what do we both feel comfortable with and

445
00:19:19,960 --> 00:19:22,480
Speaker 3: what do we both agree is fair, and that's how

446
00:19:22,480 --> 00:19:22,919
Speaker 3: we did it.

447
00:19:22,960 --> 00:19:25,320
Speaker 2: I love that you got to have that open, honest conversation.

448
00:19:26,080 --> 00:19:28,399
Speaker 2: I don't want to stereotype here, but I feel like

449
00:19:28,560 --> 00:19:33,879
Speaker 2: often men cannot be that comfortable with having a conversation

450
00:19:33,920 --> 00:19:37,240
Speaker 2: when the female is the breadwinner, because obviously they could

451
00:19:37,280 --> 00:19:40,000
Speaker 2: feel inferior. They shouldn't because it's got absolutely nothing to

452
00:19:40,040 --> 00:19:42,679
Speaker 2: do with that and money doesn't define you. But I

453
00:19:42,720 --> 00:19:45,560
Speaker 2: just think that that conversation is interesting to ask questions

454
00:19:45,560 --> 00:19:47,840
Speaker 2: about because sometimes it comes up that it was harder

455
00:19:48,080 --> 00:19:49,639
Speaker 2: they had to get over something. But I love that

456
00:19:49,680 --> 00:19:51,800
Speaker 2: he was just like, yeah, straight out the gate, that's sweet.

457
00:19:51,920 --> 00:19:53,680
Speaker 3: Yeah, he's incredibly supportive.

458
00:19:53,840 --> 00:19:56,400
Speaker 2: You mentioned earlier in the episode that you know, you've

459
00:19:56,400 --> 00:19:57,960
Speaker 2: got a house and you've got a dog, But the

460
00:19:58,040 --> 00:20:00,520
Speaker 2: reality is you can only say that because you've got

461
00:20:00,520 --> 00:20:03,919
Speaker 2: a dog like two days ago. Right, So this snoring

462
00:20:04,119 --> 00:20:06,800
Speaker 2: that maybe people could hear in the background. Who's that.

463
00:20:08,359 --> 00:20:10,520
Speaker 3: Yeah, so this is our new little puppy, a new

464
00:20:10,520 --> 00:20:11,960
Speaker 3: addition to the family.

465
00:20:11,720 --> 00:20:14,040
Speaker 2: And she's just napping on your lap and I get

466
00:20:14,080 --> 00:20:17,280
Speaker 2: to see her. It's so sweet. But if anybody hears

467
00:20:17,280 --> 00:20:20,600
Speaker 2: any little puppy snores, that's where they're coming from, because

468
00:20:20,800 --> 00:20:24,199
Speaker 2: we don't want to put her in another room. Money, darist,

469
00:20:24,200 --> 00:20:26,040
Speaker 2: I have another question for you. I want to know.

470
00:20:26,200 --> 00:20:29,040
Speaker 2: We did what your best money habit was, which was budgeting,

471
00:20:29,080 --> 00:20:30,879
Speaker 2: But what's your worst money habit.

472
00:20:31,040 --> 00:20:32,920
Speaker 3: I think it's, you know, a two started coin. I

473
00:20:32,920 --> 00:20:35,200
Speaker 3: think the worst money habit I have is that sometimes

474
00:20:35,240 --> 00:20:37,920
Speaker 3: I can budget too much, and so I don't let

475
00:20:37,960 --> 00:20:41,680
Speaker 3: myself just enjoy things sometimes. So for instance, like I'll

476
00:20:41,680 --> 00:20:44,040
Speaker 3: go out to a club or something with some friends

477
00:20:44,040 --> 00:20:46,119
Speaker 3: and my partner, and in my head, I've got a

478
00:20:46,119 --> 00:20:48,359
Speaker 3: budget of I'm only spending this amount, and so then

479
00:20:48,400 --> 00:20:50,760
Speaker 3: I don't let myself have an extra drink here and there.

480
00:20:50,840 --> 00:20:52,640
Speaker 3: And this is where my partner comes in and he's

481
00:20:52,760 --> 00:20:55,680
Speaker 3: very much like, Babe, it's gonna be okay, Like we're fine.

482
00:20:55,480 --> 00:20:58,200
Speaker 2: You can have another drink, we can stay out another hour.

483
00:20:58,280 --> 00:21:01,440
Speaker 2: You're having a really good time going exactly the worst.

484
00:21:01,800 --> 00:21:04,239
Speaker 3: So budgeting for me, it's great I do it, but

485
00:21:04,280 --> 00:21:05,840
Speaker 3: it can also be my own worst enemy.

486
00:21:05,840 --> 00:21:08,160
Speaker 2: All right, money dirist. At the start of this episode,

487
00:21:08,200 --> 00:21:10,479
Speaker 2: you said I'm an A mins. Can you talk me

488
00:21:10,520 --> 00:21:12,919
Speaker 2: through why you think you're an A minus? And then

489
00:21:13,119 --> 00:21:15,560
Speaker 2: if after our conversation, would you change it or would

490
00:21:15,560 --> 00:21:16,399
Speaker 2: you keep it as is?

491
00:21:16,800 --> 00:21:19,720
Speaker 3: Yeah? So the reason why I said a minus is because, yes,

492
00:21:19,760 --> 00:21:21,879
Speaker 3: we've accomplished so much, but you know, we still do

493
00:21:22,000 --> 00:21:24,120
Speaker 3: have a significant amount of debt. There's still things we're

494
00:21:24,160 --> 00:21:27,000
Speaker 3: working to achieve, and there's always things to learn. You know,

495
00:21:27,040 --> 00:21:29,200
Speaker 3: I don't know everything. There's definitely things I would like

496
00:21:29,240 --> 00:21:32,280
Speaker 3: to learn regarding you know, tax back, more about investing

497
00:21:32,320 --> 00:21:35,320
Speaker 3: in shares for myself. But also one thing that I

498
00:21:35,359 --> 00:21:37,760
Speaker 3: really really want to get in to start doing and

499
00:21:37,840 --> 00:21:40,520
Speaker 3: making it a better habit is starting to salary sacrifice

500
00:21:40,560 --> 00:21:43,719
Speaker 3: for my super It's not something I've done in the past,

501
00:21:43,880 --> 00:21:46,440
Speaker 3: even though everyone says I need to. And so that's

502
00:21:46,440 --> 00:21:48,280
Speaker 3: why I would give myself an A minus. Is that

503
00:21:48,400 --> 00:21:50,280
Speaker 3: yet I feel like I've done so well, but there's

504
00:21:50,280 --> 00:21:51,320
Speaker 3: still more I could be doing.

505
00:21:51,440 --> 00:21:53,520
Speaker 2: I couldn't agree with you more Like, as much as

506
00:21:53,520 --> 00:21:55,919
Speaker 2: you're saying there's more I'm like, you're killing it. Like

507
00:21:56,080 --> 00:21:57,920
Speaker 2: you have such a good income, you've got to create

508
00:21:57,960 --> 00:22:01,040
Speaker 2: such good financial security long term. You've got a puppy,

509
00:22:01,119 --> 00:22:03,480
Speaker 2: You've bought your dream house, Like, oh my gosh, I'm

510
00:22:03,480 --> 00:22:05,080
Speaker 2: just so excited about it. I wish we had so

511
00:22:05,160 --> 00:22:08,119
Speaker 2: much more time to chat, but unfortunately that is all

512
00:22:08,160 --> 00:22:10,800
Speaker 2: we had time for today, Money Diarist, it has been

513
00:22:10,840 --> 00:22:13,040
Speaker 2: an absolute pleasure. Thank you so much for sharing so

514
00:22:13,119 --> 00:22:15,320
Speaker 2: much of yourself and your story for us to learn

515
00:22:15,359 --> 00:22:17,440
Speaker 2: from here today. I love it no ways.

516
00:22:17,520 --> 00:22:17,840
Speaker 3: Thank you.

517
00:22:24,240 --> 00:22:26,760
Speaker 2: The advice shared on She's on the Money is general

518
00:22:26,800 --> 00:22:30,680
Speaker 2: in nature and does not consider your individual circumstances. She's

519
00:22:30,720 --> 00:22:34,119
Speaker 2: on the Money exists purely for educational purposes and should

520
00:22:34,200 --> 00:22:37,360
Speaker 2: not be relied upon to make an investment or financial decision.

521
00:22:37,760 --> 00:22:40,359
Speaker 2: If you do choose to buy a financial product, read.

522
00:22:40,240 --> 00:22:44,359
Speaker 4: The PDS TMD and obtain appropriate financial advice tailored towards

523
00:22:44,400 --> 00:22:47,680
Speaker 4: your needs. Victoria Divine and She's on the Money are

524
00:22:47,720 --> 00:22:52,760
Speaker 4: authorized representatives of Money. Sheper pty Ltd ABN three two

525
00:22:52,800 --> 00:22:55,800
Speaker 4: one is six four nine two seven seven zero eight

526
00:22:56,080 --> 00:23:02,600
Speaker 4: AFSL four five one two eight nine

527
00:23:03,800 --> 00:23:05,560
Speaker 1: To man to