1 00:00:00,200 --> 00:00:19,480 Speaker 1: She's on the Money. She's on the Money. 2 00:00:23,480 --> 00:00:26,439 Speaker 2: Hello, and welcome to She's on the Money, the podcast 3 00:00:26,480 --> 00:00:30,840 Speaker 2: for millennials who want financial freedom. My name is Tony Lodge, 4 00:00:30,840 --> 00:00:33,800 Speaker 2: and joining me for another shot back Money Diary is 5 00:00:33,800 --> 00:00:35,199 Speaker 2: Miss Victoria Divine. 6 00:00:35,360 --> 00:00:38,159 Speaker 3: Good morning friends, Thank you so much. 7 00:00:38,000 --> 00:00:38,640 Speaker 2: For joining me. 8 00:00:39,440 --> 00:00:40,400 Speaker 3: We really have a choice. 9 00:00:40,560 --> 00:00:42,480 Speaker 2: Did not have a choice. I dragged you in here 10 00:00:42,640 --> 00:00:43,760 Speaker 2: by your hair and when. 11 00:00:43,640 --> 00:00:46,160 Speaker 3: We're yeah, that's exactly what happened. 12 00:00:46,360 --> 00:00:48,120 Speaker 2: I sound like a demon as well. About how do 13 00:00:48,159 --> 00:00:51,320 Speaker 2: you actually usually do? So that is not true. Don't 14 00:00:51,360 --> 00:00:52,920 Speaker 2: tell people I sound like a demon. 15 00:00:53,000 --> 00:00:55,320 Speaker 3: No, no, no, And I'm always actually really excited to 16 00:00:55,320 --> 00:00:57,520 Speaker 3: do Money Diary, so it's usually meeting. Are you ready 17 00:00:57,520 --> 00:00:59,080 Speaker 3: to record? Are we doing this? Yeah? 18 00:00:59,160 --> 00:01:02,000 Speaker 2: Yeah, yeah, A bit of a different one today, which 19 00:01:02,040 --> 00:01:04,200 Speaker 2: I think you're gonna love, which I say every single week, 20 00:01:04,319 --> 00:01:07,240 Speaker 2: but it's absolutely true. Every single time, you're gonna have. 21 00:01:07,240 --> 00:01:09,679 Speaker 3: To find a new intro. Tony I am, I waste 22 00:01:09,680 --> 00:01:10,080 Speaker 3: the same. 23 00:01:10,160 --> 00:01:12,160 Speaker 2: Maybe I'm just going to copy and paste this one 24 00:01:12,200 --> 00:01:13,240 Speaker 2: into all of them from now. 25 00:01:13,360 --> 00:01:15,960 Speaker 3: Yeah. Maybe it's actually the same audio you hear at 26 00:01:15,959 --> 00:01:18,000 Speaker 3: the start of every single podcast. 27 00:01:18,319 --> 00:01:20,560 Speaker 2: I promise it's not. I promise it's not. We take 28 00:01:20,600 --> 00:01:23,479 Speaker 2: the time lovingly to curate every single thing. 29 00:01:23,800 --> 00:01:25,840 Speaker 3: Except it just is so exciting. 30 00:01:25,840 --> 00:01:28,679 Speaker 2: Tru Yeah, because every single money diary is different, and 31 00:01:28,680 --> 00:01:29,600 Speaker 2: I think they're all going to. 32 00:01:29,520 --> 00:01:32,360 Speaker 3: Be great special. So Tony, can you read me this 33 00:01:32,400 --> 00:01:33,679 Speaker 3: week's email? Here we go. 34 00:01:34,120 --> 00:01:37,039 Speaker 2: Hi, She's on the Money Team. I've been a longtime fan, 35 00:01:37,240 --> 00:01:40,040 Speaker 2: been listening to the podcast since the beginning and absolutely 36 00:01:40,040 --> 00:01:42,640 Speaker 2: love it. I'm a twenty five year old gal trying 37 00:01:42,680 --> 00:01:45,360 Speaker 2: to figure this money saving lifestyle out. I was born 38 00:01:45,400 --> 00:01:47,880 Speaker 2: in Korea and came to Australia when I was nine. 39 00:01:48,080 --> 00:01:50,360 Speaker 2: My mom, my sister, and I have known the struggles 40 00:01:50,400 --> 00:01:52,560 Speaker 2: as my mum had left everything she knew and had 41 00:01:52,560 --> 00:01:55,640 Speaker 2: to start her life over again. I've worked ever since 42 00:01:55,640 --> 00:01:57,600 Speaker 2: I could legally work to help support my mum and 43 00:01:57,640 --> 00:01:59,360 Speaker 2: take the burden off her as much as I could, 44 00:01:59,640 --> 00:02:02,320 Speaker 2: since my first paycheck from when I was fifteen until 45 00:02:02,480 --> 00:02:04,720 Speaker 2: right now, I still give my mom a portion of 46 00:02:04,720 --> 00:02:06,800 Speaker 2: my pace so I can support her. Despite my mum 47 00:02:06,840 --> 00:02:08,080 Speaker 2: being financially stable. 48 00:02:08,160 --> 00:02:09,200 Speaker 3: Oh that's so sweet. 49 00:02:09,560 --> 00:02:11,320 Speaker 2: Due to my past, I do have a lot of 50 00:02:11,360 --> 00:02:14,120 Speaker 2: anxiety with money and it's something that I'm trying to fix. 51 00:02:14,560 --> 00:02:16,120 Speaker 2: I am now trying to be in the journey of 52 00:02:16,200 --> 00:02:19,040 Speaker 2: learning that success doesn't always mean having lots of money, 53 00:02:19,240 --> 00:02:21,280 Speaker 2: and it is that you're truly happy where you are 54 00:02:21,320 --> 00:02:23,720 Speaker 2: in life. I know I'm not the only She's on 55 00:02:23,760 --> 00:02:26,200 Speaker 2: the Money listener who consistently gives a portion of their 56 00:02:26,240 --> 00:02:29,280 Speaker 2: pay to their parents, especially those in the Asian background. 57 00:02:29,440 --> 00:02:31,840 Speaker 2: It's quite common for children to give their parents money. 58 00:02:32,120 --> 00:02:34,120 Speaker 2: I'm now moved out, married and own a house with 59 00:02:34,160 --> 00:02:36,119 Speaker 2: my husband that was gifted to us by my mother 60 00:02:36,160 --> 00:02:36,519 Speaker 2: in law. 61 00:02:36,600 --> 00:02:38,560 Speaker 3: Oh my gosh, how lucky we. 62 00:02:38,560 --> 00:02:40,840 Speaker 2: Are now trying to save enough money to start a family. 63 00:02:41,000 --> 00:02:43,360 Speaker 2: I'm a nurse at an emergency department and also have 64 00:02:43,400 --> 00:02:46,400 Speaker 2: a side gig of IV vitamins like those hangover trips. 65 00:02:46,520 --> 00:02:49,040 Speaker 3: Oh so, she's just like an actual special human yeah 66 00:02:49,120 --> 00:02:50,160 Speaker 3: versus is so cool. 67 00:02:50,400 --> 00:02:52,160 Speaker 2: I hope I can at least reach out to the 68 00:02:52,200 --> 00:02:54,359 Speaker 2: Asian community if she's on the money, to let them 69 00:02:54,400 --> 00:02:57,400 Speaker 2: know it's okay, I understand where they've been, and hopefully 70 00:02:57,480 --> 00:02:58,920 Speaker 2: let them know there is lad at the end of 71 00:02:58,919 --> 00:03:01,000 Speaker 2: the tunnel. Your number one fan. 72 00:03:01,240 --> 00:03:04,400 Speaker 3: Oh so sweet. Let's have a chat with her as always, 73 00:03:04,440 --> 00:03:08,840 Speaker 3: We've got her on the line already. Hello money Diarist, Hello, 74 00:03:09,520 --> 00:03:13,160 Speaker 3: Oh my gosh, how special? I am so excited to 75 00:03:13,200 --> 00:03:16,200 Speaker 3: learn more about your money story and what you get 76 00:03:16,280 --> 00:03:18,000 Speaker 3: up to. I think this is the first time that 77 00:03:18,040 --> 00:03:20,320 Speaker 3: we've had a money diarist that gives money to their 78 00:03:20,360 --> 00:03:23,639 Speaker 3: parents on a regular basis. I've got so many questions, 79 00:03:23,639 --> 00:03:27,079 Speaker 3: but as always, let's start the podcasting exactly the same 80 00:03:27,120 --> 00:03:29,720 Speaker 3: way we always do, and that is with the first 81 00:03:29,760 --> 00:03:33,280 Speaker 3: question of what is your attitude towards money? 82 00:03:35,520 --> 00:03:40,200 Speaker 4: So, yeah, my I gause. My attitude towards money is 83 00:03:40,240 --> 00:03:44,040 Speaker 4: more like it used to be more anxiety based or 84 00:03:44,280 --> 00:03:47,880 Speaker 4: just kind of kind of get everything and like safe 85 00:03:48,040 --> 00:03:50,160 Speaker 4: but like try to spend money, but like you know, 86 00:03:50,200 --> 00:03:52,760 Speaker 4: you're trying to figure all this out. But now I 87 00:03:52,840 --> 00:03:56,160 Speaker 4: feel like I have some kind of routine, so a 88 00:03:56,240 --> 00:03:59,440 Speaker 4: little bit, it's a bit happier now, I. 89 00:03:59,400 --> 00:04:02,920 Speaker 2: Guess, like having a stable job being a nurse, so 90 00:04:03,040 --> 00:04:06,040 Speaker 2: even during COVID you would have still been able to work, 91 00:04:06,080 --> 00:04:09,320 Speaker 2: which is something that we've seen recently has impacted so 92 00:04:09,360 --> 00:04:12,440 Speaker 2: many people. Did you feel like going into such a 93 00:04:12,480 --> 00:04:15,680 Speaker 2: stable job has helped with your anxiety around money a 94 00:04:15,680 --> 00:04:16,559 Speaker 2: little bit as well? 95 00:04:17,880 --> 00:04:22,919 Speaker 4: Absolutely, especially the cod times, because yeah, because obviously a 96 00:04:22,960 --> 00:04:26,280 Speaker 4: lot of Facebook posts about people losing their job or 97 00:04:26,320 --> 00:04:29,479 Speaker 4: like new supports and things like that. And I've been very, 98 00:04:29,600 --> 00:04:35,039 Speaker 4: very lucky. I have a very permanent, stable job, especially emergency. 99 00:04:35,120 --> 00:04:37,279 Speaker 4: It just never shuts down of it I do. 100 00:04:37,720 --> 00:04:40,800 Speaker 3: Yeah, no, and that's really special, Like that's such a 101 00:04:40,839 --> 00:04:44,800 Speaker 3: special job to do as well. Let's emergency nurses blow 102 00:04:44,839 --> 00:04:46,600 Speaker 3: my mind. I've got a couple of girlfriends who work 103 00:04:46,640 --> 00:04:49,200 Speaker 3: in emergency and always just like the stuff you see 104 00:04:49,279 --> 00:04:52,200 Speaker 3: and deal with and then seem to move to the 105 00:04:52,240 --> 00:04:55,080 Speaker 3: next patient and have exactly the same empathy even though 106 00:04:55,120 --> 00:04:58,440 Speaker 3: you've just experienced something arguably really traumatic. It's wild, like 107 00:04:58,520 --> 00:05:02,520 Speaker 3: you're really cool it all right, So we already know 108 00:05:02,640 --> 00:05:05,120 Speaker 3: that you're a nurse, but the next question is what 109 00:05:05,160 --> 00:05:07,039 Speaker 3: do you do for work and how much money do 110 00:05:07,120 --> 00:05:07,480 Speaker 3: you earn? 111 00:05:08,480 --> 00:05:12,440 Speaker 4: So yeah, I've been in for the last five years. 112 00:05:12,880 --> 00:05:17,520 Speaker 4: Oh wow, Yeah, and obviously through my little side giog, 113 00:05:20,000 --> 00:05:23,839 Speaker 4: I think last like last financially attacked the turn I 114 00:05:23,880 --> 00:05:29,120 Speaker 4: had a little look regual was about ninety thousand pre pats. 115 00:05:29,640 --> 00:05:31,240 Speaker 2: Is that both jobs combined? 116 00:05:32,040 --> 00:05:33,640 Speaker 4: Yeah, that's the both jobs combined? 117 00:05:33,640 --> 00:05:36,239 Speaker 2: Wow? So do you work full time as a nurse 118 00:05:36,279 --> 00:05:39,880 Speaker 2: and then just do the hangover ivy groups like when 119 00:05:39,880 --> 00:05:42,680 Speaker 2: you have time or do you every Saturday morning, you 120 00:05:42,720 --> 00:05:43,839 Speaker 2: go out and do that. 121 00:05:44,800 --> 00:05:48,000 Speaker 4: No, I do so, yeah, I do part time at 122 00:05:48,040 --> 00:05:52,400 Speaker 4: the hospital and stop of my days off or after work. 123 00:05:52,560 --> 00:05:55,919 Speaker 4: I kind of pick that up. It's not just hangover, 124 00:05:56,120 --> 00:05:58,920 Speaker 4: it's like different sets of vitamins. So yeah, we get 125 00:05:59,000 --> 00:06:01,280 Speaker 4: different all different kinds of patients. 126 00:06:01,600 --> 00:06:03,800 Speaker 3: I've thought so many questions about that affair later. 127 00:06:03,920 --> 00:06:05,000 Speaker 2: Uh huh, Like I. 128 00:06:04,960 --> 00:06:07,960 Speaker 3: Just haven't comprehended. I've seen it before, Like it's been 129 00:06:08,040 --> 00:06:10,320 Speaker 3: all over my Instagram. I feel like there's been like 130 00:06:10,400 --> 00:06:12,919 Speaker 3: one company that's been doing some kind of influence a push, 131 00:06:12,920 --> 00:06:16,080 Speaker 3: so it's all over my Instagram feed. Oh yeah, I 132 00:06:16,200 --> 00:06:19,520 Speaker 3: have so many questions for you. Next question is what 133 00:06:19,800 --> 00:06:21,360 Speaker 3: is your big money goal. 134 00:06:23,480 --> 00:06:27,920 Speaker 4: Well, I don't know my big money goal yet, so obviously, 135 00:06:28,000 --> 00:06:31,159 Speaker 4: as I said in my email, I'm trying to you know, 136 00:06:31,680 --> 00:06:34,040 Speaker 4: that enough money to kind of have a family now. 137 00:06:34,800 --> 00:06:37,480 Speaker 4: But I think where my husband and I are kind 138 00:06:37,480 --> 00:06:40,679 Speaker 4: of deciding whether we want to invest in a house 139 00:06:40,839 --> 00:06:47,320 Speaker 4: or investments. Yep, h so maybe that's my money goal. 140 00:06:48,520 --> 00:06:50,600 Speaker 2: Well, I think that's yeah. I mean, if you guys 141 00:06:50,600 --> 00:06:54,440 Speaker 2: have got your own home, and yeah, you're saving up 142 00:06:54,440 --> 00:06:57,080 Speaker 2: to have a family, which is obviously like the most 143 00:06:57,200 --> 00:07:00,719 Speaker 2: expensive thing. I think people don't realize how expensive having 144 00:07:00,760 --> 00:07:03,920 Speaker 2: kids and stuff is. I definitely, well, I don't have 145 00:07:04,000 --> 00:07:06,840 Speaker 2: kids and don't plan on it, but buying toys for 146 00:07:06,920 --> 00:07:09,479 Speaker 2: my nieces and nephews is apparently actually just the tip 147 00:07:09,520 --> 00:07:12,360 Speaker 2: of the iceberg when it comes to having kids are. 148 00:07:13,280 --> 00:07:16,920 Speaker 4: I think it was a big reality check when I 149 00:07:17,000 --> 00:07:24,040 Speaker 4: listen to the podcast about No about how much like 150 00:07:24,560 --> 00:07:28,040 Speaker 4: having a baby cost, and so I've been like researching 151 00:07:28,080 --> 00:07:30,200 Speaker 4: how many how much everything costs, and like putting it 152 00:07:30,280 --> 00:07:33,559 Speaker 4: done and kind of estimating how much I might need. 153 00:07:34,200 --> 00:07:35,440 Speaker 2: Oh, you're such a planner. 154 00:07:35,560 --> 00:07:37,640 Speaker 3: It's so much more than I initially thought about it 155 00:07:37,640 --> 00:07:39,600 Speaker 3: as well. And it was one of those things where 156 00:07:40,280 --> 00:07:42,240 Speaker 3: I don't know if you guys know, but I recently 157 00:07:42,240 --> 00:07:46,640 Speaker 3: wrote a book I feel like saying that. But in 158 00:07:46,680 --> 00:07:49,280 Speaker 3: the book, I really wanted to deep dive into how 159 00:07:49,360 --> 00:07:51,200 Speaker 3: much does it actually cost to have a baby? How 160 00:07:51,280 --> 00:07:53,200 Speaker 3: much does it cost to have a child? What can 161 00:07:53,280 --> 00:07:55,320 Speaker 3: I be expected to spend and all of that. So 162 00:07:55,360 --> 00:07:57,920 Speaker 3: I started doing research and talking to moms and talking 163 00:07:57,920 --> 00:08:01,680 Speaker 3: to people. I was shook, Like, obviously it's a varying scale, 164 00:08:01,720 --> 00:08:03,680 Speaker 3: Like if you're in a situation where you have, you know, 165 00:08:03,760 --> 00:08:05,600 Speaker 3: a family that has a whole heap of you know, 166 00:08:05,680 --> 00:08:08,040 Speaker 3: hand me downs and stuff. It obviously really helps in 167 00:08:08,080 --> 00:08:11,520 Speaker 3: that initial phase. But if you've got to buy everything outright, 168 00:08:12,080 --> 00:08:15,440 Speaker 3: it's so expensive, Like I didn't. I was like baby 169 00:08:15,440 --> 00:08:19,040 Speaker 3: cast eight hundred bucks, right, maybe, oh, no, five or 170 00:08:19,080 --> 00:08:21,680 Speaker 3: six hundred dollars if you want the bougie baby one 171 00:08:21,680 --> 00:08:24,520 Speaker 3: and it could be more prams, I'm thinking, what five 172 00:08:24,560 --> 00:08:31,400 Speaker 3: hundred dollars Maybe no, no. 173 00:08:29,160 --> 00:08:33,320 Speaker 2: Especially if you go for the bugaboo. 174 00:08:32,280 --> 00:08:36,120 Speaker 3: Is like the crem de la cram apparently two grand. 175 00:08:36,840 --> 00:08:39,320 Speaker 2: What And that's without the attachments. You got the bass net, 176 00:08:39,320 --> 00:08:42,040 Speaker 2: you've got the forward facing pram, the rear face. I 177 00:08:42,120 --> 00:08:44,640 Speaker 2: don't know all this, Okay, that's you don't even want 178 00:08:44,679 --> 00:08:48,200 Speaker 2: to be out I don't know. But but even something 179 00:08:48,240 --> 00:08:52,240 Speaker 2: as simple as not everybody chooses to or can breastfeed. 180 00:08:52,679 --> 00:08:54,840 Speaker 2: So if then you need to buy formula, you know 181 00:08:55,280 --> 00:08:59,959 Speaker 2: about something that they potentially don't plan on needing to purchase, 182 00:09:00,280 --> 00:09:02,760 Speaker 2: that's like, you know, a big potential. 183 00:09:03,679 --> 00:09:06,840 Speaker 3: I've got in the budget just in case. And like, 184 00:09:06,960 --> 00:09:08,880 Speaker 3: at the end of the day, there's no shame in either. 185 00:09:09,040 --> 00:09:10,400 Speaker 3: Like at the end of the day, fair it is 186 00:09:10,440 --> 00:09:12,680 Speaker 3: best feed your baby. But no one wants to be 187 00:09:12,679 --> 00:09:14,719 Speaker 3: in a position where they can't afford to feed their 188 00:09:14,760 --> 00:09:17,760 Speaker 3: baby exactly significantly impacts their budget to a point where 189 00:09:17,760 --> 00:09:20,000 Speaker 3: they're like, oh, we're really struggling. 190 00:09:20,040 --> 00:09:20,199 Speaker 4: Now. 191 00:09:20,240 --> 00:09:21,200 Speaker 3: We didn't think that. 192 00:09:21,600 --> 00:09:24,040 Speaker 2: So we weren't planning on needing to buy this. But yeah, 193 00:09:24,120 --> 00:09:26,840 Speaker 2: so I think that you definitely. I mean, you haven't 194 00:09:26,880 --> 00:09:29,520 Speaker 2: told us what your best and worst money have any 195 00:09:29,559 --> 00:09:32,920 Speaker 2: dire and it sounds like you're a really good planer, 196 00:09:33,000 --> 00:09:38,440 Speaker 2: so I'm interested to hear about that, all right. So yeah, yeah, 197 00:09:38,480 --> 00:09:40,120 Speaker 2: well that writing it down. 198 00:09:40,000 --> 00:09:44,640 Speaker 3: Is the best first step, absolutely, all right. So next 199 00:09:44,760 --> 00:09:47,080 Speaker 3: question is do you have any investments? 200 00:09:48,480 --> 00:09:53,200 Speaker 4: So from listening to the podcast, I obviously have my 201 00:09:53,440 --> 00:09:57,120 Speaker 4: separ but I also love. 202 00:09:57,679 --> 00:09:58,360 Speaker 2: After our own. 203 00:09:58,920 --> 00:10:01,559 Speaker 3: Yeah, so obviously we know that my sofa is an investment, 204 00:10:01,559 --> 00:10:01,960 Speaker 3: and I'm. 205 00:10:01,800 --> 00:10:09,559 Speaker 4: Like, yes, and I also have race, but yeah, I 206 00:10:09,600 --> 00:10:11,640 Speaker 4: don't really it's race is just kind of there in 207 00:10:11,679 --> 00:10:13,559 Speaker 4: the back of my mind. I'm just kind of keeping 208 00:10:13,559 --> 00:10:17,360 Speaker 4: an eye on it. And yeah, it's exciting. 209 00:10:18,760 --> 00:10:20,679 Speaker 2: And you also said that you're planning on buying an 210 00:10:20,679 --> 00:10:23,280 Speaker 2: investment property. Is that kind of coming up soon or 211 00:10:23,400 --> 00:10:25,080 Speaker 2: is that like a far away dream. 212 00:10:26,240 --> 00:10:29,520 Speaker 4: It's just it's just like a conversation that I've been having. 213 00:10:30,760 --> 00:10:32,839 Speaker 4: It's something I do want to do, but we're kind 214 00:10:32,840 --> 00:10:36,640 Speaker 4: of cut between whether we want to buy or have 215 00:10:36,920 --> 00:10:41,079 Speaker 4: investment or actually has like a going to do stop 216 00:10:41,120 --> 00:10:44,280 Speaker 4: for ets or things like that. So I do really 217 00:10:44,320 --> 00:10:46,839 Speaker 4: want to see a financial advisor, but you know, it's 218 00:10:46,880 --> 00:10:49,200 Speaker 4: just kind of going from there. 219 00:10:49,800 --> 00:10:53,320 Speaker 3: Yeah, I find I find it really interesting. Can I 220 00:10:53,360 --> 00:10:58,280 Speaker 3: be really pervy? Is that all right? So you're saying, yeah, 221 00:10:58,280 --> 00:11:00,640 Speaker 3: we're thinking about investment, property and stuff like that. You 222 00:11:00,720 --> 00:11:03,280 Speaker 3: obviously earn good money. Tell me what's your partner do 223 00:11:03,360 --> 00:11:05,120 Speaker 3: for work? How much do they earn? And how much 224 00:11:05,160 --> 00:11:06,559 Speaker 3: have you got in savings? 225 00:11:07,440 --> 00:11:11,640 Speaker 4: So he's graduated as a dietrist. 226 00:11:12,520 --> 00:11:18,960 Speaker 3: But you fancy girl, that's the that feet cash, that's 227 00:11:19,000 --> 00:11:23,760 Speaker 3: what a podiatrist is. Yeah, like the way you looked 228 00:11:23,800 --> 00:11:26,839 Speaker 3: at me and fet cash, Yes, too much. We were 229 00:11:26,880 --> 00:11:31,520 Speaker 3: going down only fans territory, not down. 230 00:11:32,000 --> 00:11:35,480 Speaker 4: Whatever makes you know the good money exactly. 231 00:11:37,000 --> 00:11:39,959 Speaker 3: Honestly, if we could get a money diarist, just low 232 00:11:40,040 --> 00:11:42,520 Speaker 3: key shout out. If you've gotten only fans for your 233 00:11:42,559 --> 00:11:45,720 Speaker 3: feet and it's making bank. Yeah, I feel like that's 234 00:11:45,720 --> 00:11:47,760 Speaker 3: a story I just perfctly want to hear. 235 00:11:47,920 --> 00:11:50,640 Speaker 2: Yeah, my best friend Jane has an only fans for 236 00:11:50,679 --> 00:11:51,160 Speaker 2: her feet. 237 00:11:51,360 --> 00:11:54,480 Speaker 3: Oh, you're just going to out Jane or it's. 238 00:11:54,320 --> 00:11:58,040 Speaker 2: Called only Jane's feet. She's not doing well though, Oh 239 00:11:58,440 --> 00:11:58,960 Speaker 2: we will. 240 00:11:58,840 --> 00:12:00,559 Speaker 3: Give her a little shout out, a little bit of 241 00:12:00,600 --> 00:12:02,439 Speaker 3: a boost. I love that. 242 00:12:02,800 --> 00:12:05,840 Speaker 2: Hope you met her as a diarist anyway, money diress. Sorry, 243 00:12:05,880 --> 00:12:07,880 Speaker 2: back to your husband and how much he earns and 244 00:12:07,880 --> 00:12:10,200 Speaker 2: how much you guys have in savings. 245 00:12:10,960 --> 00:12:16,880 Speaker 4: So currently, I think because the only works part time, 246 00:12:17,640 --> 00:12:21,319 Speaker 4: he lived together, Like I don't know how much exactly 247 00:12:21,400 --> 00:12:28,000 Speaker 4: here is that's all right, it's so bad. No, but 248 00:12:28,559 --> 00:12:33,679 Speaker 4: we both think together we have about forty thousand. 249 00:12:34,200 --> 00:12:37,920 Speaker 3: Awesome, doing well, so well on the way to buying 250 00:12:37,920 --> 00:12:40,480 Speaker 3: an investment property hopefully in the nearish future. 251 00:12:41,600 --> 00:12:45,080 Speaker 4: Yes, but but yeah, but obviously been listening to the podcast, 252 00:12:45,120 --> 00:12:48,760 Speaker 4: I've been trying to figure out what's aligns with me 253 00:12:49,400 --> 00:12:52,200 Speaker 4: and my husband because I obviously know there's probe and 254 00:12:52,240 --> 00:12:57,040 Speaker 4: cons to both just investment property versus yeah kind of 255 00:12:57,120 --> 00:13:00,000 Speaker 4: thing so differently a different course. 256 00:13:00,520 --> 00:13:03,120 Speaker 2: And also you are twenty five. You are so young, 257 00:13:03,160 --> 00:13:07,160 Speaker 2: you know, like this is all pretty far along stuff 258 00:13:07,160 --> 00:13:09,600 Speaker 2: for someone that's only twenty five, Like you definitely got 259 00:13:09,600 --> 00:13:10,720 Speaker 2: your together. 260 00:13:11,440 --> 00:13:12,720 Speaker 3: Yeah, true, very true. 261 00:13:12,720 --> 00:13:14,959 Speaker 4: True. I tried to take it till you make it 262 00:13:15,040 --> 00:13:15,840 Speaker 4: kind of yeah. 263 00:13:15,920 --> 00:13:21,880 Speaker 3: Okay, next is, do you currently have any debts? 264 00:13:22,960 --> 00:13:27,440 Speaker 4: No, I don't have any debts because I wasn't a 265 00:13:27,480 --> 00:13:31,160 Speaker 4: citizen an Australian serison while I was at UNI, I 266 00:13:31,200 --> 00:13:35,120 Speaker 4: actually paid for my yunis. 267 00:13:35,160 --> 00:13:37,200 Speaker 3: Oh my gosh, all right, I want to be paid. 268 00:13:38,000 --> 00:13:40,079 Speaker 3: How did you pay for that? And how much was that? 269 00:13:41,400 --> 00:13:45,560 Speaker 4: So it was about I want to say, thirty five thousand. 270 00:13:45,760 --> 00:13:47,680 Speaker 3: Oh my gosh, that's so much money. 271 00:13:48,480 --> 00:13:52,040 Speaker 4: Yea, so I had three jobs paying it off. 272 00:13:52,400 --> 00:13:54,560 Speaker 2: Oh my god, money diaries. 273 00:13:54,720 --> 00:13:58,040 Speaker 3: Most people don't give international students the credit that they deserve. 274 00:13:58,120 --> 00:14:01,800 Speaker 2: That's hot, that's crazy to make because who's got thirty 275 00:14:01,800 --> 00:14:05,880 Speaker 2: five dollars while you're you're full time, you're studying full time, 276 00:14:06,040 --> 00:14:07,960 Speaker 2: and also as a nurse, you have to go and 277 00:14:08,000 --> 00:14:11,640 Speaker 2: do a lot of prack and unpaid work, so you're 278 00:14:11,679 --> 00:14:13,599 Speaker 2: doing that is mental. 279 00:14:14,720 --> 00:14:19,000 Speaker 4: Yeah, so it was because I was still a permanent residence, 280 00:14:19,040 --> 00:14:22,440 Speaker 4: so it'd be the same fees as a like an 281 00:14:22,480 --> 00:14:24,920 Speaker 4: Australian kind of not international fee. 282 00:14:25,200 --> 00:14:25,360 Speaker 3: Yeah. 283 00:14:25,400 --> 00:14:29,360 Speaker 2: But you don't no, you don't like fee help or 284 00:14:29,560 --> 00:14:31,200 Speaker 2: center link or anything like that. 285 00:14:31,280 --> 00:14:35,120 Speaker 4: Right way upfront, now you get center Link, because that's 286 00:14:34,680 --> 00:14:37,360 Speaker 4: just one thing that really so. 287 00:14:37,840 --> 00:14:39,040 Speaker 2: I'm so glad to hear that. 288 00:14:39,480 --> 00:14:39,960 Speaker 4: Yeah. 289 00:14:40,000 --> 00:14:42,160 Speaker 2: Wow, that would have made it a little bit easier. 290 00:14:42,200 --> 00:14:43,440 Speaker 2: I mean, and how good is that? 291 00:14:43,640 --> 00:14:46,120 Speaker 3: Like I think that people, I think that we have 292 00:14:46,200 --> 00:14:49,840 Speaker 3: this negative connotation of center Link for some unknown reason, 293 00:14:50,280 --> 00:14:52,680 Speaker 3: like the stigma attacked. But look what center Link did 294 00:14:52,680 --> 00:14:56,040 Speaker 3: for us, got us another nurse. Yeah, money win yes week. 295 00:14:56,080 --> 00:15:00,960 Speaker 4: Honestly, how goodlink was so good A very appreciated of 296 00:15:01,200 --> 00:15:04,120 Speaker 4: Like obviously that little bit of money helped a lot. 297 00:15:04,280 --> 00:15:04,880 Speaker 2: It does. 298 00:15:06,400 --> 00:15:11,080 Speaker 4: Difference, it was, Yeah, and the thing because I think 299 00:15:11,480 --> 00:15:13,920 Speaker 4: not anymore, I don't think. But when I was at UNI, 300 00:15:14,040 --> 00:15:18,080 Speaker 4: they gave that thousand dollars every six like every semester 301 00:15:19,240 --> 00:15:22,800 Speaker 4: that helps them things like that, and that contributed to 302 00:15:23,160 --> 00:15:27,000 Speaker 4: my unique things, which was so helpful. 303 00:15:27,680 --> 00:15:28,720 Speaker 3: It was so good. 304 00:15:28,920 --> 00:15:32,080 Speaker 2: I'm so proudic you paid all that off though yourself, 305 00:15:32,200 --> 00:15:36,840 Speaker 2: Like that's really really impressive and also whilst giving money 306 00:15:36,880 --> 00:15:38,600 Speaker 2: to your family, which we'll get to get. 307 00:15:38,480 --> 00:15:42,000 Speaker 3: To next question that we've recently started asking, do you 308 00:15:42,040 --> 00:15:43,280 Speaker 3: currently use shop back? 309 00:15:44,720 --> 00:15:47,680 Speaker 4: No, I've never used shop back before, but I have 310 00:15:47,880 --> 00:15:50,040 Speaker 4: heard good things about it and I do want to 311 00:15:50,120 --> 00:15:50,440 Speaker 4: use it. 312 00:15:50,440 --> 00:15:55,360 Speaker 3: Eventually awesome. Next question is what is your best money habit. 313 00:15:56,960 --> 00:16:00,160 Speaker 4: I think my first money habit is every time I 314 00:16:00,240 --> 00:16:06,520 Speaker 4: get paid, I put a set amount of side consistently. 315 00:16:06,840 --> 00:16:07,520 Speaker 2: That's smart. 316 00:16:07,720 --> 00:16:12,840 Speaker 4: Yeah, because I know it it's in my spending bank account. 317 00:16:13,360 --> 00:16:15,240 Speaker 4: I'm going to spend it because I think it's just 318 00:16:15,320 --> 00:16:18,600 Speaker 4: my spending money. Yeah, but if I put it aside, 319 00:16:18,640 --> 00:16:22,120 Speaker 4: I know that I shouldn't touch it. That's that's fair 320 00:16:22,240 --> 00:16:25,680 Speaker 4: for savings, and this is for spending. Trying to allocate 321 00:16:25,720 --> 00:16:26,960 Speaker 4: my money in that sense. 322 00:16:28,040 --> 00:16:29,880 Speaker 2: And on the flip side of that, what do you 323 00:16:29,920 --> 00:16:31,680 Speaker 2: think is your worst money habit? 324 00:16:32,720 --> 00:16:35,560 Speaker 4: Oh, I feel like it's like all money does, but 325 00:16:36,080 --> 00:16:41,120 Speaker 4: food and and I have I don't know why, but 326 00:16:41,200 --> 00:16:44,240 Speaker 4: I have a tendency to I love giving my friends gift, 327 00:16:44,840 --> 00:16:47,840 Speaker 4: so I have no money limits. 328 00:16:47,880 --> 00:16:49,080 Speaker 3: I was so sweet. 329 00:16:49,480 --> 00:16:52,040 Speaker 2: We had someone say that recently. It was actually the 330 00:16:52,040 --> 00:16:56,240 Speaker 2: Money dis where we spoke to our priesting trainee and 331 00:16:56,320 --> 00:16:58,720 Speaker 2: she said the saying that her worst money habit was 332 00:16:58,720 --> 00:17:01,320 Speaker 2: that she didn't know how to budget to spoil the 333 00:17:01,360 --> 00:17:02,640 Speaker 2: people in her life. 334 00:17:02,560 --> 00:17:06,760 Speaker 3: Yeah, I love Yeah. 335 00:17:05,840 --> 00:17:08,480 Speaker 4: I love seeing their face and seeing the reaction and 336 00:17:08,600 --> 00:17:11,760 Speaker 4: like I always write down like when someone says like, oh, 337 00:17:11,800 --> 00:17:13,479 Speaker 4: I really want this, I write it down, and then 338 00:17:13,480 --> 00:17:15,920 Speaker 4: when I get get it for them, like like three 339 00:17:16,000 --> 00:17:17,399 Speaker 4: four months down the line, and. 340 00:17:19,119 --> 00:17:22,280 Speaker 2: I do that, and I'm glad we're friends now. Money 341 00:17:22,320 --> 00:17:26,919 Speaker 2: direct actually really special, Like I feel so excited. 342 00:17:27,000 --> 00:17:30,119 Speaker 3: My notes section on my phone is filled with just ideas, 343 00:17:30,160 --> 00:17:32,800 Speaker 3: Like if someone says something, I'll be like, yep, write 344 00:17:32,800 --> 00:17:34,640 Speaker 3: that down. I want to remember that. Or like if 345 00:17:34,640 --> 00:17:37,439 Speaker 3: Tony said, oh, like there's this thing I really want, 346 00:17:37,800 --> 00:17:40,680 Speaker 3: like I take note of it because I'll be like, okay, cool. 347 00:17:40,680 --> 00:17:42,239 Speaker 3: Like if it comes to her birthday and I can 348 00:17:42,280 --> 00:17:44,520 Speaker 3: afford that, I'll do that, or like maybe I'll go 349 00:17:44,600 --> 00:17:46,359 Speaker 3: in with a couple of people and buy it. And 350 00:17:46,480 --> 00:17:48,720 Speaker 3: I just would prefer to get people presents that they go, 351 00:17:49,000 --> 00:17:49,919 Speaker 3: oh my gosh. 352 00:17:49,840 --> 00:17:52,240 Speaker 2: I can't believe you remember. How did you know? 353 00:17:52,680 --> 00:17:55,720 Speaker 3: And like maybe they've completely forgotten the conversation. You'd be like, oh, 354 00:17:55,800 --> 00:17:59,240 Speaker 3: I just knew. Like it's it's so exciting. I feel 355 00:17:59,240 --> 00:18:02,200 Speaker 3: like there's Yeah, giving gifts is one of my favorite things. 356 00:18:02,200 --> 00:18:05,800 Speaker 2: But it's almost not a worst money habit because it's 357 00:18:05,800 --> 00:18:08,200 Speaker 2: such a generous thing to do, but it does strain 358 00:18:08,240 --> 00:18:11,680 Speaker 2: the bank account if you haven't planned, so frustrating and sometimes. 359 00:18:11,280 --> 00:18:13,240 Speaker 3: You see the perfect gift and you're like, oh, that's 360 00:18:13,280 --> 00:18:15,639 Speaker 3: out of my budget, but a perfect And then you 361 00:18:15,720 --> 00:18:17,840 Speaker 3: convince yourself and you're like, oh, I'll just get it, 362 00:18:17,880 --> 00:18:20,359 Speaker 3: like it's worth it because I don't want to. Yeah, 363 00:18:20,400 --> 00:18:22,560 Speaker 3: And then yeah, I'm so naughty with that too. I 364 00:18:22,640 --> 00:18:23,000 Speaker 3: get it. 365 00:18:23,080 --> 00:18:27,040 Speaker 4: I get it, like I want I won't have this week. 366 00:18:27,080 --> 00:18:28,199 Speaker 4: It's fine, it's fine. 367 00:18:28,640 --> 00:18:34,159 Speaker 3: Oh so sweet. I love that. Just before we go 368 00:18:34,280 --> 00:18:36,960 Speaker 3: to a really quick break, what grade would you give 369 00:18:37,000 --> 00:18:39,000 Speaker 3: your money habits if I forced you to give yourself 370 00:18:39,000 --> 00:18:40,199 Speaker 3: a grade? 371 00:18:41,600 --> 00:18:45,520 Speaker 4: I say, I don't know, maybe a B minus? 372 00:18:46,920 --> 00:18:51,440 Speaker 3: What an? 373 00:18:53,480 --> 00:18:55,000 Speaker 2: So we should have seen our faces. 374 00:18:55,040 --> 00:18:58,840 Speaker 3: We just looked at each other like this woman, no, no, right, 375 00:18:59,240 --> 00:19:00,439 Speaker 3: not a cheery no. 376 00:19:00,600 --> 00:19:01,320 Speaker 2: I love that. 377 00:19:01,560 --> 00:19:03,679 Speaker 3: I think that. That's good. You're on the way, you 378 00:19:03,760 --> 00:19:06,919 Speaker 3: are planning to invest. You know you've got some good savings. 379 00:19:07,040 --> 00:19:08,240 Speaker 3: I'm not gonna argue with you, and. 380 00:19:08,320 --> 00:19:10,800 Speaker 2: No doubt I reckon you could go B plus if 381 00:19:10,840 --> 00:19:14,119 Speaker 2: you're pushing it. But that's fine. We'll take that. 382 00:19:14,359 --> 00:19:17,040 Speaker 3: We're not going to argue with our diarists that doesn't 383 00:19:17,040 --> 00:19:18,520 Speaker 3: get a stuff on a good footing to them be 384 00:19:18,600 --> 00:19:21,040 Speaker 3: real pervy in the next section. So let's get pervy 385 00:19:21,119 --> 00:19:28,760 Speaker 3: right after this break, all right, we are back and 386 00:19:29,040 --> 00:19:32,200 Speaker 3: you mentioned in your email that you had an Asian 387 00:19:32,280 --> 00:19:35,320 Speaker 3: background and therefore it was pretty normal to gift money 388 00:19:35,359 --> 00:19:39,320 Speaker 3: to parents. Now, as someone who is Australian and you know, 389 00:19:39,720 --> 00:19:43,520 Speaker 3: doesn't have as much diversity in a family tree as 390 00:19:43,840 --> 00:19:46,800 Speaker 3: a lot of people here in Australia, that is not 391 00:19:46,920 --> 00:19:48,840 Speaker 3: something that I ever would have thought was a thing like, 392 00:19:48,880 --> 00:19:50,720 Speaker 3: of course I'll support my parents and all of that, 393 00:19:50,960 --> 00:19:54,040 Speaker 3: but I think it's actually a given that children in 394 00:19:54,160 --> 00:19:59,439 Speaker 3: Asian families actually support their family financially locally and you know, 395 00:19:59,560 --> 00:20:02,159 Speaker 3: in the whole in a way that the Australian culture 396 00:20:02,200 --> 00:20:05,640 Speaker 3: just the same way. Right, So money diarist, I'd love 397 00:20:05,720 --> 00:20:08,119 Speaker 3: to hear a little bit more about. You know, is 398 00:20:08,160 --> 00:20:11,000 Speaker 3: this something that's really common? Is it something that happens 399 00:20:11,040 --> 00:20:13,359 Speaker 3: all the time, Like how does it eventuate? Is it 400 00:20:13,359 --> 00:20:15,560 Speaker 3: your parents being like hey, can I have your income? 401 00:20:15,720 --> 00:20:18,320 Speaker 3: Or are you going no? Cool? Please have please have it? 402 00:20:18,400 --> 00:20:21,040 Speaker 3: Like yeah, what's the situation? How does that work? 403 00:20:21,880 --> 00:20:26,480 Speaker 4: Amongst my Asian friends? It is quite common, but I 404 00:20:26,520 --> 00:20:29,600 Speaker 4: think it's becoming less common. Whether I'm not talking to 405 00:20:30,400 --> 00:20:33,879 Speaker 4: a lot of people about it, but for me and 406 00:20:33,960 --> 00:20:38,879 Speaker 4: my situation is that because obviously my mom's been a 407 00:20:38,880 --> 00:20:42,879 Speaker 4: single mom, and it's kind of like a thank you 408 00:20:44,080 --> 00:20:48,720 Speaker 4: and that sounds like really I love that. Like the 409 00:20:48,800 --> 00:20:52,600 Speaker 4: reason why I sent in the money diary was because 410 00:20:52,960 --> 00:20:56,440 Speaker 4: when when I tell people that I give my mom 411 00:20:56,440 --> 00:20:59,760 Speaker 4: like a portion of my pay, they get quite judgmental. 412 00:21:00,280 --> 00:21:02,360 Speaker 3: Yeah, yuck, No, that's yeah. 413 00:21:02,800 --> 00:21:05,399 Speaker 4: So yeah, so I just kind of want to like 414 00:21:05,520 --> 00:21:09,840 Speaker 4: put it out there, you know, manifested that people put 415 00:21:09,960 --> 00:21:11,280 Speaker 4: But how lucky. 416 00:21:11,160 --> 00:21:13,640 Speaker 3: Is that you're in a position where you can support 417 00:21:13,640 --> 00:21:16,200 Speaker 3: your mum in that way and you can share that 418 00:21:16,280 --> 00:21:17,879 Speaker 3: And I love that You're like it's kind of like 419 00:21:17,880 --> 00:21:20,240 Speaker 3: a thank you. I'm like, how nice is that? Like 420 00:21:20,440 --> 00:21:22,440 Speaker 3: thanks for growing me into the human that I am today. 421 00:21:22,520 --> 00:21:28,080 Speaker 4: Mom. It's basically, yes, if I help my mom, like 422 00:21:28,160 --> 00:21:30,760 Speaker 4: you know a little bit like that bit of payment, 423 00:21:30,800 --> 00:21:34,320 Speaker 4: it's not something like bad. Yeah. I think a lot 424 00:21:34,359 --> 00:21:37,040 Speaker 4: of people do think it is like, oh, like your 425 00:21:37,040 --> 00:21:39,359 Speaker 4: parents are trying to take money from you or things 426 00:21:39,400 --> 00:21:43,240 Speaker 4: like that, But it's absolutely not. It's something that you know, 427 00:21:43,680 --> 00:21:46,600 Speaker 4: I'm very happy to do. It's something I'm willing to do, 428 00:21:47,000 --> 00:21:49,439 Speaker 4: and it's not like my parents are telling me to like, oh, 429 00:21:49,520 --> 00:21:51,800 Speaker 4: give me money. Give me. It's not nothing like that. 430 00:21:52,880 --> 00:21:54,439 Speaker 4: It's quite the opposite. 431 00:21:55,119 --> 00:21:57,560 Speaker 3: Yeah, that's actually really sweet. I'm glad we get to 432 00:21:57,560 --> 00:22:01,280 Speaker 3: share this story. I have a question about your partner, 433 00:22:01,680 --> 00:22:04,000 Speaker 3: So does he have a similar background to you? And 434 00:22:04,040 --> 00:22:07,160 Speaker 3: how do you broach that kind of conversation in a relationship, 435 00:22:07,200 --> 00:22:09,520 Speaker 3: Like it might be easy to do while you're young 436 00:22:09,560 --> 00:22:12,080 Speaker 3: and like single and you just get to do what 437 00:22:12,119 --> 00:22:14,080 Speaker 3: you want with your salary, but I'm sure that that 438 00:22:14,119 --> 00:22:16,680 Speaker 3: could become a tension point for a lot of families. 439 00:22:16,720 --> 00:22:18,840 Speaker 3: If you know, Tony and I moved in together and 440 00:22:18,880 --> 00:22:20,720 Speaker 3: then Tony's like yep, so I give. 441 00:22:22,160 --> 00:22:22,320 Speaker 4: Yeah. 442 00:22:22,359 --> 00:22:24,679 Speaker 3: I'm like, well, but we're trying to say for a house, Tony, like, 443 00:22:24,760 --> 00:22:27,199 Speaker 3: what's going on? So how have you broached that with 444 00:22:27,280 --> 00:22:29,399 Speaker 3: your husband? And how does that work? 445 00:22:30,800 --> 00:22:34,879 Speaker 4: So me and my husband been together for about eleven 446 00:22:34,960 --> 00:22:35,720 Speaker 4: years now. 447 00:22:36,000 --> 00:22:39,440 Speaker 2: Also, I got it. 448 00:22:40,400 --> 00:22:44,199 Speaker 4: Yeah, so he's known from the get go and I 449 00:22:44,480 --> 00:22:48,680 Speaker 4: basically we've had this conversation for the longest time. It 450 00:22:48,800 --> 00:22:53,320 Speaker 4: wasn't a seat where that called him everything, and it 451 00:22:53,400 --> 00:22:55,240 Speaker 4: was kind of more like, this is what I deal 452 00:22:55,320 --> 00:22:56,720 Speaker 4: and he's like, okay, great. 453 00:22:57,320 --> 00:23:01,160 Speaker 2: Oh, and he obviously has quite a porty family. If 454 00:23:01,200 --> 00:23:04,719 Speaker 2: his parents you know, literally your house. 455 00:23:05,720 --> 00:23:11,760 Speaker 4: He has love obviously, they're just my family now yeah, yeah. 456 00:23:12,960 --> 00:23:15,880 Speaker 3: So okay, all right, let's get pervy. Not everybody gets 457 00:23:15,920 --> 00:23:16,720 Speaker 3: gifted a house. 458 00:23:17,080 --> 00:23:18,160 Speaker 4: How do you know they don't? 459 00:23:18,600 --> 00:23:20,840 Speaker 3: Because like I would put my hand up to be 460 00:23:20,880 --> 00:23:21,600 Speaker 3: gifted a house. 461 00:23:21,640 --> 00:23:23,560 Speaker 2: Yeah, I'm interested. He's got any brothers. 462 00:23:24,520 --> 00:23:26,560 Speaker 3: That's a lot of privilege. How do you come to 463 00:23:26,640 --> 00:23:29,040 Speaker 3: acquire that privilege? 464 00:23:30,600 --> 00:23:31,160 Speaker 4: I don't know? 465 00:23:32,280 --> 00:23:34,720 Speaker 3: But is that something that they saved for and they 466 00:23:34,800 --> 00:23:37,080 Speaker 3: had planned to give to their son. Is it something 467 00:23:37,119 --> 00:23:39,359 Speaker 3: that they gave it to you guys because you were struggling. 468 00:23:39,440 --> 00:23:41,719 Speaker 3: Is it something that you know they had not you know, 469 00:23:41,840 --> 00:23:43,840 Speaker 3: done just because it was a wedding present? Like, how 470 00:23:43,840 --> 00:23:45,879 Speaker 3: do you come to be gifted a house? Like? And 471 00:23:45,920 --> 00:23:47,480 Speaker 3: how does that conversation happen? 472 00:23:48,520 --> 00:23:52,320 Speaker 4: I think because I haven't had this conversation with my 473 00:23:52,359 --> 00:23:55,280 Speaker 4: mother and I'm not too sure, but I don't know. 474 00:23:55,320 --> 00:23:56,400 Speaker 4: It was always kind. 475 00:23:56,200 --> 00:23:57,320 Speaker 3: Of like. 476 00:23:58,720 --> 00:24:01,440 Speaker 4: Yeah, like it was like we never asked for or 477 00:24:01,440 --> 00:24:06,359 Speaker 4: anything like that. It was you know, this is yeah, 478 00:24:06,400 --> 00:24:08,960 Speaker 4: this is kind of very easy living. And I'd be like, yeah, 479 00:24:09,040 --> 00:24:09,800 Speaker 4: that sounds great. 480 00:24:10,280 --> 00:24:13,359 Speaker 3: So was your husband from an Asian background as well? 481 00:24:14,040 --> 00:24:17,440 Speaker 4: No, No, he isn't, so he's more of a European 482 00:24:17,520 --> 00:24:21,080 Speaker 4: background but obviously born in Australia. 483 00:24:20,600 --> 00:24:23,120 Speaker 3: So yeah, okay, okay, So it's not similar in that 484 00:24:23,160 --> 00:24:25,800 Speaker 3: they're looking after them if they can, because I think 485 00:24:26,160 --> 00:24:29,959 Speaker 3: national culture it's very family orientated. So how does that 486 00:24:30,000 --> 00:24:33,040 Speaker 3: work when it comes to just different cultures and your 487 00:24:33,080 --> 00:24:35,600 Speaker 3: partner not having had the same culture as you. 488 00:24:37,720 --> 00:24:40,840 Speaker 4: I think I've been very lucky in the sense that 489 00:24:41,480 --> 00:24:46,520 Speaker 4: so my mother in law looked after her mum in 490 00:24:46,600 --> 00:24:49,280 Speaker 4: the house as well. Yeah, okay, so they all live together, 491 00:24:49,520 --> 00:24:53,040 Speaker 4: so I've kind of already had that conversation the sense that, 492 00:24:53,400 --> 00:24:55,960 Speaker 4: you know, I would like to look after my mom 493 00:24:56,160 --> 00:24:59,560 Speaker 4: when she's obviously older and can't look after herself, because 494 00:24:59,720 --> 00:25:02,960 Speaker 4: I've yeah, it's can't there to send her in a 495 00:25:03,040 --> 00:25:03,720 Speaker 4: nursing home. 496 00:25:04,880 --> 00:25:08,480 Speaker 3: Absolutely absolutely, I get it. It's just so interesting learning 497 00:25:08,520 --> 00:25:12,879 Speaker 3: about the way different family dynamics work given your background. Yeah, 498 00:25:12,920 --> 00:25:15,919 Speaker 3: and you know, some people, and I obviously as a 499 00:25:15,920 --> 00:25:19,240 Speaker 3: financial advisor, have experienced this before where couples come to 500 00:25:19,280 --> 00:25:21,440 Speaker 3: me and their money stories are really different and one 501 00:25:21,440 --> 00:25:23,440 Speaker 3: of them is supporting a parent, but the other can't 502 00:25:23,480 --> 00:25:25,480 Speaker 3: seem to comprehend why they want to do that. And 503 00:25:25,760 --> 00:25:28,240 Speaker 3: you know, you work through that. But having different money 504 00:25:28,240 --> 00:25:31,240 Speaker 3: stories isn't actually our choice. It's just a background and 505 00:25:31,240 --> 00:25:33,879 Speaker 3: a history. And the way you're approaching things is very 506 00:25:33,960 --> 00:25:36,520 Speaker 3: much like no, like it's a thank you, but you 507 00:25:36,560 --> 00:25:38,880 Speaker 3: would have learnt that as you were growing up. It's 508 00:25:38,920 --> 00:25:41,160 Speaker 3: not just you going okay, cool, like it's a thanks 509 00:25:41,200 --> 00:25:43,679 Speaker 3: to my mum, Like I've just personally decided to do this. 510 00:25:43,840 --> 00:25:47,240 Speaker 3: It's very ingrained in an Asian culture to think that way. 511 00:25:47,480 --> 00:25:50,560 Speaker 2: Rather than a personal value, it's like a family value 512 00:25:50,600 --> 00:25:52,240 Speaker 2: that everyone takes off. 513 00:25:52,600 --> 00:25:54,760 Speaker 3: Yeah, and everyone just goes, well, that's the way it is. Yeah, 514 00:25:54,840 --> 00:25:56,919 Speaker 3: that's what we do for our family. And you go, 515 00:25:57,240 --> 00:25:59,280 Speaker 3: do you know what, that's so nice? Like that makes 516 00:25:59,280 --> 00:26:00,000 Speaker 3: so much sense. 517 00:26:01,440 --> 00:26:03,680 Speaker 4: Yeah, And I think it really does help that I've 518 00:26:03,720 --> 00:26:06,720 Speaker 4: been with obviously my husband, since we're in high school, 519 00:26:07,200 --> 00:26:10,760 Speaker 4: that it was just kind of a part of the conversation, 520 00:26:10,880 --> 00:26:14,080 Speaker 4: because I feel like as an adult, like going into 521 00:26:14,080 --> 00:26:17,120 Speaker 4: a new relationship, it is harder to bring this conversation up. 522 00:26:17,640 --> 00:26:19,920 Speaker 4: But because of them together for such a long time, 523 00:26:20,040 --> 00:26:23,199 Speaker 4: it was a kind of yeah, as it happened, he 524 00:26:23,359 --> 00:26:24,000 Speaker 4: was kind of there. 525 00:26:24,800 --> 00:26:27,520 Speaker 2: And because you were so young when you got together, 526 00:26:27,600 --> 00:26:30,199 Speaker 2: it was probably that like you just said he was 527 00:26:30,280 --> 00:26:32,879 Speaker 2: just kind of there. But when you were learning about 528 00:26:32,960 --> 00:26:36,440 Speaker 2: money and trying to gain your own financial independence, you 529 00:26:36,520 --> 00:26:39,800 Speaker 2: were just both there together when most people to get together, 530 00:26:39,840 --> 00:26:42,680 Speaker 2: you know, when you're twenty five, you've kind of done 531 00:26:42,720 --> 00:26:44,679 Speaker 2: all that growing already, and it's like, Okay, how do 532 00:26:44,760 --> 00:26:47,239 Speaker 2: we come together now? Whereas you guys were kind of 533 00:26:47,280 --> 00:26:50,440 Speaker 2: just always like alongside each other, which is I mean, 534 00:26:50,480 --> 00:26:54,720 Speaker 2: really special but also not a very common relationship type 535 00:26:54,720 --> 00:26:56,240 Speaker 2: of like how your money comes together. 536 00:26:56,480 --> 00:26:56,720 Speaker 3: Yeah. 537 00:26:56,760 --> 00:27:01,680 Speaker 4: Absolutely, Yeah, And I just feel like I've just been 538 00:27:01,760 --> 00:27:05,040 Speaker 4: very lucky in the sense that like things happened the 539 00:27:05,080 --> 00:27:05,840 Speaker 4: way it happens. 540 00:27:06,800 --> 00:27:10,639 Speaker 2: But you've also worked incredibly hard. You know, you paid 541 00:27:10,760 --> 00:27:12,119 Speaker 2: your own way through UNI. 542 00:27:12,480 --> 00:27:14,760 Speaker 3: That's so special. You know that's so smart. 543 00:27:15,160 --> 00:27:19,880 Speaker 4: Yeap, oh yeah, yeah, I don't know, give yourself. 544 00:27:19,560 --> 00:27:20,959 Speaker 2: More credit, definitely. 545 00:27:21,240 --> 00:27:23,840 Speaker 3: Yeah. I still have questions, all right, So I've got 546 00:27:23,920 --> 00:27:25,600 Speaker 3: questions about money, surprise. 547 00:27:25,880 --> 00:27:27,720 Speaker 4: Yes, So when. 548 00:27:27,560 --> 00:27:30,040 Speaker 3: We talk about giving money to parents, obviously that could 549 00:27:30,080 --> 00:27:33,240 Speaker 3: mean like fifty dollars a month, or it could mean 550 00:27:33,440 --> 00:27:36,040 Speaker 3: five thousand dollars a month. How much of your salary 551 00:27:36,119 --> 00:27:37,160 Speaker 3: do you gift away? 552 00:27:38,600 --> 00:27:44,359 Speaker 4: So initially I actually gave about a quarter of my 553 00:27:44,480 --> 00:27:45,240 Speaker 4: pay yeap. 554 00:27:45,480 --> 00:27:45,920 Speaker 3: Wow. 555 00:27:46,880 --> 00:27:51,160 Speaker 4: Yeah, but then moving out it has kind of gone 556 00:27:51,200 --> 00:27:58,720 Speaker 4: a little bit less obviously I have to own Yeah, 557 00:27:59,119 --> 00:28:00,520 Speaker 4: moving out so expensive? 558 00:28:00,720 --> 00:28:01,000 Speaker 5: It is. 559 00:28:01,119 --> 00:28:03,760 Speaker 3: Yeah, it is so expensive. And I guess I knew 560 00:28:03,800 --> 00:28:06,800 Speaker 3: you were going to say something to that effect. Yeah, 561 00:28:06,920 --> 00:28:09,239 Speaker 3: question is like what if you can't afford it? How 562 00:28:09,280 --> 00:28:12,639 Speaker 3: does that conversation go? Like obviously, like you're being incredibly 563 00:28:12,680 --> 00:28:15,800 Speaker 3: generous and it's very ingrained, but like what happens if 564 00:28:15,840 --> 00:28:18,679 Speaker 3: you lost your job? What happens if you took a 565 00:28:18,720 --> 00:28:21,159 Speaker 3: part time job and only earned half the salary? Like 566 00:28:21,320 --> 00:28:22,720 Speaker 3: how does that conversation go? 567 00:28:24,119 --> 00:28:28,840 Speaker 4: So I've actually had this conversation with my mom and like, yeah, 568 00:28:28,880 --> 00:28:32,520 Speaker 4: as I said, because it's not like a vorceful thing. 569 00:28:32,680 --> 00:28:35,600 Speaker 4: If I can't afford it, I can't afford it, and 570 00:28:35,640 --> 00:28:38,480 Speaker 4: it's fine. So until I am able to afford it 571 00:28:38,520 --> 00:28:40,520 Speaker 4: and I'm am able to have that kind of extra 572 00:28:40,560 --> 00:28:44,960 Speaker 4: money to give my mom, yeah, it's absolutely fine. And 573 00:28:45,000 --> 00:28:47,840 Speaker 4: I think that's Yeah, a lot of people we don't 574 00:28:47,880 --> 00:28:50,600 Speaker 4: know about this kind of gets worried about like, oh, 575 00:28:50,760 --> 00:28:53,080 Speaker 4: like you know, if you can't afford it, like what 576 00:28:53,120 --> 00:28:55,520 Speaker 4: do you do? And it's like, well, then I don't 577 00:28:55,680 --> 00:28:57,840 Speaker 4: give my mom Money's not. 578 00:28:57,800 --> 00:29:00,840 Speaker 2: Bringing a debt collector after you got Yeah, my daughter 579 00:29:00,880 --> 00:29:02,840 Speaker 2: hasn't sent me the money. This money, you know, like 580 00:29:02,920 --> 00:29:06,880 Speaker 2: it's it's obviously they view it well in your certain situation. 581 00:29:07,360 --> 00:29:10,200 Speaker 2: Your mother views it in a way that she appreciates 582 00:29:10,280 --> 00:29:12,880 Speaker 2: the gift and takes it where she where she can. 583 00:29:13,000 --> 00:29:15,320 Speaker 2: But it's not Yeah, she's not going to come after 584 00:29:15,400 --> 00:29:20,560 Speaker 2: you and say. 585 00:29:19,160 --> 00:29:22,680 Speaker 4: Yeah, and like my mum's obviously very very grateful as well, 586 00:29:22,720 --> 00:29:26,440 Speaker 4: Like yeah, it's like again and I think, yeah, what 587 00:29:26,520 --> 00:29:28,840 Speaker 4: people do think is like it's a kind of collective thing, 588 00:29:28,920 --> 00:29:32,760 Speaker 4: be like, you know, the first week of every Monday 589 00:29:32,560 --> 00:29:35,760 Speaker 4: of the gift and it's absolutely not that. 590 00:29:37,480 --> 00:29:39,920 Speaker 2: Does your sister give your mam a gift of money 591 00:29:39,960 --> 00:29:40,920 Speaker 2: every month as well? 592 00:29:41,720 --> 00:29:42,920 Speaker 4: Yes she does as well. 593 00:29:43,720 --> 00:29:44,560 Speaker 3: I love that. 594 00:29:44,560 --> 00:29:48,040 Speaker 2: That's really really special and just so different to what 595 00:29:48,080 --> 00:29:50,760 Speaker 2: my family is like and what I've ever experienced. 596 00:29:50,760 --> 00:29:54,880 Speaker 3: So so interesting learning about different cultures and what you 597 00:29:54,920 --> 00:29:56,920 Speaker 3: guys do with money and how you treat it, and 598 00:29:56,960 --> 00:29:59,920 Speaker 3: that it's you know, seen as a gift, not necessary, 599 00:30:00,280 --> 00:30:01,320 Speaker 3: as a given. 600 00:30:01,280 --> 00:30:04,280 Speaker 2: And to be shared as well, which most people don't 601 00:30:04,320 --> 00:30:09,400 Speaker 2: have that open relationship about money at all. And it's 602 00:30:09,440 --> 00:30:11,600 Speaker 2: it's not learned because it's like money is to be 603 00:30:11,680 --> 00:30:14,080 Speaker 2: made and to be saved and to be spent on 604 00:30:14,080 --> 00:30:16,520 Speaker 2: a house. And yeah, and you know, you don't talk 605 00:30:16,520 --> 00:30:18,640 Speaker 2: about how much you get paid. You don't talk about, 606 00:30:18,840 --> 00:30:21,440 Speaker 2: you know, how much money your parents have, because that's 607 00:30:21,480 --> 00:30:26,040 Speaker 2: their business. I think it's a really and I know 608 00:30:26,080 --> 00:30:28,760 Speaker 2: that you're saying it's like quite an old tradition, but 609 00:30:28,840 --> 00:30:32,560 Speaker 2: it seems to be such a forward thinking way of 610 00:30:32,680 --> 00:30:34,480 Speaker 2: treating money inside your family. 611 00:30:35,080 --> 00:30:36,240 Speaker 3: Yeah, it's really sweet. 612 00:30:36,400 --> 00:30:43,320 Speaker 5: Yeah, Yeah, it's obviously then obviously the the money that 613 00:30:43,360 --> 00:30:45,320 Speaker 5: we do give that kind of helps pay with the 614 00:30:45,360 --> 00:30:47,720 Speaker 5: mortgage and things like that and kind of takes that 615 00:30:47,920 --> 00:30:49,200 Speaker 5: burden off as well. 616 00:30:49,440 --> 00:30:52,320 Speaker 4: And yeah, it just kind of works out either way. 617 00:30:52,400 --> 00:30:56,800 Speaker 4: And I don't know, I'm happy, Like I get really 618 00:30:56,840 --> 00:30:59,760 Speaker 4: happy giving it to my mom because they kind of 619 00:30:59,800 --> 00:31:02,520 Speaker 4: make we feel like, you know, I am able to 620 00:31:02,560 --> 00:31:05,440 Speaker 4: kind of help and contribute. And you know, obviously, as 621 00:31:05,440 --> 00:31:07,840 Speaker 4: and as people get all that, it's harder for them 622 00:31:07,880 --> 00:31:11,120 Speaker 4: to work full time hours and things like that, and 623 00:31:11,120 --> 00:31:13,280 Speaker 4: you're not owning as much money as you used to, 624 00:31:13,480 --> 00:31:17,120 Speaker 4: and it kind of takes that threaten off. And I 625 00:31:17,120 --> 00:31:19,000 Speaker 4: think a lot of people, I think I kind of 626 00:31:19,040 --> 00:31:24,560 Speaker 4: compared it to like giving your parents bored I think too. Yeah, 627 00:31:24,720 --> 00:31:28,200 Speaker 4: it's kind of like an equivalent to that, but you know, 628 00:31:28,240 --> 00:31:31,040 Speaker 4: you kind of keep going even that home. 629 00:31:31,360 --> 00:31:32,040 Speaker 2: Yeah, I think. 630 00:31:32,120 --> 00:31:34,719 Speaker 3: I think it's really special. And with the changing nature 631 00:31:34,920 --> 00:31:38,360 Speaker 3: of like retirement and how unaccessible it's becoming for so 632 00:31:38,440 --> 00:31:40,720 Speaker 3: many people, it's such a great way to give your 633 00:31:40,720 --> 00:31:43,800 Speaker 3: parents that freedom to live the lives that you know, 634 00:31:44,560 --> 00:31:47,800 Speaker 3: I believe they deserve in a way that makes it 635 00:31:47,840 --> 00:31:51,280 Speaker 3: sustainable as well. Like, and if every child was always 636 00:31:51,280 --> 00:31:54,600 Speaker 3: supporting their parents, like retirement for everybody would be that 637 00:31:54,680 --> 00:31:57,480 Speaker 3: much easier. Yeah, like, so much easier. 638 00:31:57,360 --> 00:32:00,400 Speaker 2: Because when you reach preservation age, it wouldn't just be 639 00:32:00,440 --> 00:32:03,240 Speaker 2: what you'd contributed to your super you know, it would 640 00:32:03,280 --> 00:32:06,520 Speaker 2: be what over time you'd been gifted and looked at 641 00:32:06,560 --> 00:32:08,520 Speaker 2: and how you've been looked after it. I think it 642 00:32:08,720 --> 00:32:13,320 Speaker 2: just leads to a much more open conversation around money 643 00:32:13,320 --> 00:32:15,360 Speaker 2: in your family. And obviously this isn't going to be 644 00:32:15,400 --> 00:32:18,920 Speaker 2: the situation for everybody, but money, Horst. Do you sound 645 00:32:18,960 --> 00:32:21,720 Speaker 2: like you've got a very loving and close family and 646 00:32:21,800 --> 00:32:24,920 Speaker 2: relationship with your mother and your sister, And yeah, it 647 00:32:24,960 --> 00:32:27,960 Speaker 2: has made you so open to chat about money, which 648 00:32:28,000 --> 00:32:30,800 Speaker 2: is so special and not that common. You know that 649 00:32:30,880 --> 00:32:34,560 Speaker 2: wasn't that that's not the going rate for most people's 650 00:32:34,560 --> 00:32:36,920 Speaker 2: family that you can just chat about money. It's just 651 00:32:37,080 --> 00:32:38,280 Speaker 2: normally to. 652 00:32:38,240 --> 00:32:41,000 Speaker 3: Hear these stories and I hope we can get similar ones, 653 00:32:41,200 --> 00:32:43,440 Speaker 3: you know, on the pod in the future. But again, 654 00:32:43,480 --> 00:32:46,120 Speaker 3: it's always about who puts their hand up to share 655 00:32:46,160 --> 00:32:48,800 Speaker 3: his story around with us, and that's all we can do. 656 00:32:48,880 --> 00:32:51,520 Speaker 3: But I am so grateful for this story. Thank you 657 00:32:51,600 --> 00:32:54,680 Speaker 3: so so much for sharing it, I thinks. 658 00:32:57,880 --> 00:33:01,320 Speaker 2: But thank you for listening course, thank you for sharing 659 00:33:01,320 --> 00:33:05,480 Speaker 2: it with us, because, like we always say, we literally 660 00:33:05,720 --> 00:33:08,640 Speaker 2: can't do this without people sending in their stories and 661 00:33:08,640 --> 00:33:11,520 Speaker 2: being generous with their time, so we really really appreciate it. 662 00:33:11,560 --> 00:33:12,520 Speaker 2: Thank you so much. 663 00:33:13,440 --> 00:33:13,640 Speaker 3: Well. 664 00:33:13,680 --> 00:33:15,680 Speaker 4: I also want to thank you guys because you know, 665 00:33:15,880 --> 00:33:18,800 Speaker 4: you guys have made me kind of more financial literary, 666 00:33:19,000 --> 00:33:22,480 Speaker 4: I want to say, and you know, my little entertainment 667 00:33:22,520 --> 00:33:22,920 Speaker 4: in my car. 668 00:33:24,280 --> 00:33:26,480 Speaker 3: We want to keep hanging out in your car. Oh 669 00:33:26,560 --> 00:33:29,720 Speaker 3: yeah for having us. But just before we head off, 670 00:33:29,720 --> 00:33:33,080 Speaker 3: we'd like to acknowledge and pay respect to Australia's Aboriginal 671 00:33:33,120 --> 00:33:36,560 Speaker 3: and Tory Street Island of People's they're the traditional custodians 672 00:33:36,600 --> 00:33:40,000 Speaker 3: of the lands, the waterways and the skies all across Australia. 673 00:33:40,360 --> 00:33:42,240 Speaker 3: We thank you for sharing. As a caring for the 674 00:33:42,320 --> 00:33:44,760 Speaker 3: land on which we are able to learn, we pay 675 00:33:44,760 --> 00:33:47,080 Speaker 3: a respect to elders past and present, and we share 676 00:33:47,120 --> 00:33:48,840 Speaker 3: our friendship and our kindness. 677 00:33:49,040 --> 00:33:51,400 Speaker 2: The advice shared on She's on the Money is generally 678 00:33:51,480 --> 00:33:55,000 Speaker 2: nature and does not consider your individual circumstances. She's on 679 00:33:55,040 --> 00:33:58,000 Speaker 2: the Money exists purely for educational purposes and should not 680 00:33:58,040 --> 00:34:00,840 Speaker 2: be relied upon to make an investment or natural decision. 681 00:34:01,160 --> 00:34:04,280 Speaker 2: And we promise that Victoria Devine is an authorized representative 682 00:34:04,280 --> 00:34:07,920 Speaker 2: of Australia Pacific Funds Management Proprietary Limited ABN three four 683 00:34:07,960 --> 00:34:10,799 Speaker 2: one three two four six three two five seven AFSL 684 00:34:10,920 --> 00:34:13,600 Speaker 2: three three nine one five one. 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And if you've ever got any questions 691 00:34:27,719 --> 00:34:31,240 Speaker 2: or you need some advice, not strictly financial advice obviously 692 00:34:31,320 --> 00:34:35,000 Speaker 2: because ye last advice, or like what top you should buy, 693 00:34:35,400 --> 00:34:37,840 Speaker 2: or like if should buy a frank drain water bottle. 694 00:34:37,880 --> 00:34:38,800 Speaker 2: We can give you that advice. 695 00:34:38,760 --> 00:34:41,160 Speaker 3: I can give you that advice. Also dish out advice 696 00:34:41,200 --> 00:34:43,640 Speaker 3: on oatmealk like what the best ones. 697 00:34:43,360 --> 00:34:47,040 Speaker 2: Are, unsolicited. Also advice so 698 00:34:47,120 --> 00:34:50,160 Speaker 3: Far, our story next week I speak