1 00:00:00,640 --> 00:00:00,960 Speaker 1: Hello. 2 00:00:01,520 --> 00:00:05,360 Speaker 2: My name's Sanatasha Nabananga Bamblet. I'm a proud yr the Order, 3 00:00:05,559 --> 00:00:08,960 Speaker 2: Kernie Whoalbury and a waddery woman. And before we get 4 00:00:08,960 --> 00:00:11,560 Speaker 2: started on She's on the Money podcast, I would like 5 00:00:11,600 --> 00:00:14,760 Speaker 2: to acknowledge the traditional custodians of the land of which 6 00:00:14,800 --> 00:00:19,280 Speaker 2: this podcast is recorded on a wondery country, acknowledging the elders, 7 00:00:19,320 --> 00:00:23,319 Speaker 2: the ancestors and the next generation coming through as this 8 00:00:23,400 --> 00:00:28,080 Speaker 2: podcast is about connecting, empowering, knowledge sharing and the storytelling 9 00:00:28,360 --> 00:00:31,600 Speaker 2: of you to make a difference for today and lasting 10 00:00:31,640 --> 00:00:32,599 Speaker 2: impact for tomorrow. 11 00:00:33,280 --> 00:00:34,080 Speaker 1: Let's get into it. 12 00:00:34,760 --> 00:00:54,000 Speaker 3: She's on the Money, She's on the Money. 13 00:00:57,720 --> 00:01:02,120 Speaker 1: Hello and welcome to George. Last episode of Friday Drinks. 14 00:01:04,600 --> 00:01:06,800 Speaker 4: If we're going to screw up the start, it's gonna 15 00:01:06,840 --> 00:01:07,880 Speaker 4: be for something good. 16 00:01:08,000 --> 00:01:09,800 Speaker 1: And this is it. I mean it's not good, but 17 00:01:09,880 --> 00:01:11,759 Speaker 1: we're sad. It's crazy. 18 00:01:12,200 --> 00:01:15,039 Speaker 5: We're happy for you, yeah, sending you off with support 19 00:01:15,080 --> 00:01:16,640 Speaker 5: and love, but very sad to see you go. 20 00:01:16,959 --> 00:01:19,160 Speaker 4: Let me do the proper intro them well, yeah, God, 21 00:01:19,560 --> 00:01:23,480 Speaker 4: Hello and welcomes On the Money the podcast Millennials who 22 00:01:23,520 --> 00:01:26,760 Speaker 4: want financial freedom. You guys already know because it's Friday 23 00:01:26,800 --> 00:01:28,920 Speaker 4: and we're in your ears that it is time to 24 00:01:28,920 --> 00:01:31,480 Speaker 4: sit back with Jess, George and I for the last 25 00:01:31,600 --> 00:01:34,520 Speaker 4: time to do a Friday Drinks episode. It has been 26 00:01:34,560 --> 00:01:37,360 Speaker 4: an absolute joy. We're not going anywhere, just nice daying, 27 00:01:37,360 --> 00:01:39,120 Speaker 4: but we're just sad to lose our power, you know, 28 00:01:39,480 --> 00:01:41,319 Speaker 4: like we'll still hang out at brunch, but she's just 29 00:01:41,360 --> 00:01:44,160 Speaker 4: not going to come to recording. But on this episode, 30 00:01:44,200 --> 00:01:46,199 Speaker 4: we get to unpack our favorite moments of the week, 31 00:01:46,280 --> 00:01:48,720 Speaker 4: and we also get to celebrate our community, which is 32 00:01:48,720 --> 00:01:51,160 Speaker 4: our favorite thing in the entire world. We're going to 33 00:01:51,200 --> 00:01:53,440 Speaker 4: share our favorite money wins or George for the very 34 00:01:53,520 --> 00:01:56,000 Speaker 4: last time, is going to share her roundup of the 35 00:01:56,000 --> 00:01:58,440 Speaker 4: money wins and confessions from the community. We're going to 36 00:01:58,480 --> 00:02:00,920 Speaker 4: discuss what's making news in the fun world, and I 37 00:02:00,960 --> 00:02:03,400 Speaker 4: believe it involves chatting about Balley, which I think is 38 00:02:03,520 --> 00:02:06,480 Speaker 4: just genuinely George's idea of gloating about a holiday she 39 00:02:06,560 --> 00:02:08,639 Speaker 4: recently went on. And we're going to be answering a 40 00:02:08,720 --> 00:02:10,720 Speaker 4: juicy money question about loans and debt. 41 00:02:10,800 --> 00:02:12,240 Speaker 1: But before we jump into all. 42 00:02:12,240 --> 00:02:15,320 Speaker 4: Of that, let's recap the week that was Miss Jess Gricci. 43 00:02:15,440 --> 00:02:17,440 Speaker 4: What happened on our Monday show. 44 00:02:17,639 --> 00:02:20,720 Speaker 5: This week's Diarist was an interesting one. We were talking 45 00:02:20,800 --> 00:02:23,520 Speaker 5: all about her experience with IVS, which is something we 46 00:02:23,560 --> 00:02:26,520 Speaker 5: get asked about actually quite a bit on the podcast, 47 00:02:26,600 --> 00:02:29,040 Speaker 5: so it was really cool to see a little bit 48 00:02:29,080 --> 00:02:32,200 Speaker 5: more into her journey. She spent over a hundred thousand 49 00:02:32,320 --> 00:02:35,640 Speaker 5: dollars on IVF and she has three beautiful children now, 50 00:02:35,639 --> 00:02:38,799 Speaker 5: which is just incredible. She said that she grew up 51 00:02:38,960 --> 00:02:41,040 Speaker 5: not talking about money a whole lot, so it was 52 00:02:41,080 --> 00:02:44,480 Speaker 5: really interesting to hear about how that journey kind of impacted, 53 00:02:45,000 --> 00:02:48,000 Speaker 5: how she managed to get one hundred thousand dollars to 54 00:02:48,040 --> 00:02:50,200 Speaker 5: spend and how she's then managing that as a parent 55 00:02:50,240 --> 00:02:53,240 Speaker 5: of three, which is definitely not a cheap experience to 56 00:02:53,280 --> 00:02:53,760 Speaker 5: be having. 57 00:02:54,160 --> 00:02:57,440 Speaker 1: And Georgia King what happened on our Wednesday show. 58 00:02:57,639 --> 00:03:01,799 Speaker 6: On Wednesday, we spoke all about about tenants rightsphae D, 59 00:03:02,160 --> 00:03:05,800 Speaker 6: which was super juicy because the majority of people in 60 00:03:05,840 --> 00:03:08,600 Speaker 6: the Shees on the Money community are renters. Based on 61 00:03:08,680 --> 00:03:11,239 Speaker 6: the data, we know that to be true. We thought 62 00:03:11,280 --> 00:03:12,679 Speaker 6: it was time and we've also had a lot of 63 00:03:12,720 --> 00:03:15,799 Speaker 6: messages asking for it to do an episode on what 64 00:03:15,840 --> 00:03:20,320 Speaker 6: our rights actually are as tenants, and it was so interesting. 65 00:03:20,840 --> 00:03:23,560 Speaker 6: I've had a few chats with Jess this year, who 66 00:03:23,639 --> 00:03:26,480 Speaker 6: previously worked in property, and she had so many insights 67 00:03:26,480 --> 00:03:30,400 Speaker 6: for me as to how mistreated I was being as 68 00:03:30,400 --> 00:03:31,079 Speaker 6: a little tenant. 69 00:03:31,200 --> 00:03:33,079 Speaker 4: Yeah, you've both had a rough go of it this year, 70 00:03:34,360 --> 00:03:37,440 Speaker 4: but I least so everyone. Yes, I think that I 71 00:03:37,560 --> 00:03:40,520 Speaker 4: own a property. We moved out while we renovated. 72 00:03:41,120 --> 00:03:42,080 Speaker 5: Not grace. 73 00:03:43,360 --> 00:03:43,880 Speaker 1: Interesting. 74 00:03:44,000 --> 00:03:47,000 Speaker 4: Interesting, I'm honest to god, I probably should be asking 75 00:03:47,040 --> 00:03:48,760 Speaker 4: for a refund for most of that rent, but I 76 00:03:48,800 --> 00:03:49,360 Speaker 4: haven't done that. 77 00:03:49,440 --> 00:03:49,520 Speaker 2: Ye. 78 00:03:49,880 --> 00:03:53,240 Speaker 6: So Yeah, if you are someone who rents, it's a 79 00:03:53,240 --> 00:03:56,160 Speaker 6: really good episode because we go through everything from like 80 00:03:56,280 --> 00:03:59,960 Speaker 6: bond returns to how often and how much your landlord 81 00:04:00,120 --> 00:04:03,040 Speaker 6: can increase your rent by. There was just so so 82 00:04:03,160 --> 00:04:05,720 Speaker 6: much detail in there, so I'd really recommend it if 83 00:04:05,760 --> 00:04:08,280 Speaker 6: you are someone who rents, if you know someone who rents, 84 00:04:08,560 --> 00:04:09,560 Speaker 6: really good episode for that. 85 00:04:09,680 --> 00:04:11,800 Speaker 5: And while there is definitely some national rules, which is 86 00:04:11,800 --> 00:04:13,880 Speaker 5: what you guys covered, it also varies a lot state 87 00:04:13,920 --> 00:04:17,000 Speaker 5: by state, so we cannot recommend it enough. If you 88 00:04:17,120 --> 00:04:19,680 Speaker 5: feel like you're being taken advantage of, or even if 89 00:04:19,720 --> 00:04:22,200 Speaker 5: you just feel like something's a little bit not kosher, 90 00:04:22,240 --> 00:04:24,719 Speaker 5: a little bit off, jump on your state government website, 91 00:04:24,720 --> 00:04:26,920 Speaker 5: because I can guarantee you that there will be a 92 00:04:26,960 --> 00:04:29,840 Speaker 5: tenant or a rental or some kind of governing body 93 00:04:29,880 --> 00:04:31,840 Speaker 5: that will have all of the laws that are applicable 94 00:04:31,880 --> 00:04:34,120 Speaker 5: to your state. Jump on there, know what's right and 95 00:04:34,160 --> 00:04:36,800 Speaker 5: wrong because if something is wrong, you can do something 96 00:04:36,839 --> 00:04:37,200 Speaker 5: about it. 97 00:04:37,320 --> 00:04:39,000 Speaker 4: Yeah, and I know that this is not like the 98 00:04:39,000 --> 00:04:42,040 Speaker 4: most linear recommendation. It totally is linear, but I think 99 00:04:42,320 --> 00:04:45,320 Speaker 4: not the most kosher recommendation because you can't take anything 100 00:04:45,320 --> 00:04:47,920 Speaker 4: that you get in a Facebook group as gospel. But 101 00:04:47,960 --> 00:04:50,240 Speaker 4: pop on over to the Property Playbook group and you 102 00:04:50,279 --> 00:04:52,640 Speaker 4: can post your question in there if you're just not sure, 103 00:04:52,839 --> 00:04:53,760 Speaker 4: because those. 104 00:04:53,560 --> 00:04:55,039 Speaker 1: People are passionate about property. 105 00:04:55,080 --> 00:04:56,960 Speaker 4: And I have seen so many people jump in and 106 00:04:56,960 --> 00:04:58,640 Speaker 4: be like, all right, Georgia, sit down, So these are 107 00:04:58,640 --> 00:05:00,880 Speaker 4: your rights. This is the research done before I had 108 00:05:00,880 --> 00:05:02,800 Speaker 4: this exact issue, and they can kind of point you 109 00:05:02,880 --> 00:05:03,680 Speaker 4: in the right direction. 110 00:05:04,040 --> 00:05:05,599 Speaker 1: And I feel like they're really supportive. 111 00:05:05,640 --> 00:05:08,000 Speaker 4: So if you are a bit worried, like one, search 112 00:05:08,120 --> 00:05:10,960 Speaker 4: that group first, because I guarantee a question similar has 113 00:05:11,000 --> 00:05:14,200 Speaker 4: probably been asked already. But two definitely popperty and if 114 00:05:14,200 --> 00:05:17,279 Speaker 4: it hasn't, so head on over there. All right, Georgia King, 115 00:05:17,440 --> 00:05:19,599 Speaker 4: It's time for our budget direct money wins and Confessions 116 00:05:19,600 --> 00:05:19,920 Speaker 4: of the week. 117 00:05:19,920 --> 00:05:20,800 Speaker 1: What have you got for us? 118 00:05:20,920 --> 00:05:23,760 Speaker 6: So the first one it comes from Ashley Money Win, 119 00:05:24,040 --> 00:05:27,799 Speaker 6: a construction company. It's spilt cement dust all over my car. 120 00:05:28,040 --> 00:05:30,360 Speaker 6: That doesn't sound like a win and I got to. 121 00:05:30,320 --> 00:05:33,040 Speaker 1: Pay out worth more than the vehicle itself. Oh my gosh. 122 00:05:33,160 --> 00:05:36,840 Speaker 5: Yes, that's actually really funny because a friend of mine 123 00:05:36,880 --> 00:05:39,280 Speaker 5: works in construction and he worked on a site in 124 00:05:39,400 --> 00:05:42,560 Speaker 5: the CBD and he was telling me that it's a 125 00:05:42,600 --> 00:05:43,640 Speaker 5: big building. 126 00:05:44,240 --> 00:05:45,120 Speaker 1: Through your friend did it. 127 00:05:45,160 --> 00:05:47,240 Speaker 5: There's heaps of crews working at once, and he said 128 00:05:47,240 --> 00:05:51,760 Speaker 5: he saw the concretes, like just somehow lose control of 129 00:05:51,800 --> 00:05:54,680 Speaker 5: this big funnel thing that's spraying concrete and all over 130 00:05:54,720 --> 00:05:57,040 Speaker 5: the road. I wonder if that's the same people. 131 00:05:57,200 --> 00:05:59,599 Speaker 1: It could have been the same incident in your friend. 132 00:06:00,160 --> 00:06:01,600 Speaker 1: Our community's next money win. 133 00:06:02,960 --> 00:06:05,560 Speaker 6: The next win it comes from Kimberly Small money Win. 134 00:06:05,800 --> 00:06:09,960 Speaker 6: I finally got my Canva account canceled and the fees 135 00:06:10,040 --> 00:06:13,120 Speaker 6: refunded for the last few months. Try and say Canva 136 00:06:13,240 --> 00:06:16,839 Speaker 6: account canceled fast? Yeah, I didn't know you had to 137 00:06:16,839 --> 00:06:17,440 Speaker 6: pay for Canva? 138 00:06:17,640 --> 00:06:19,760 Speaker 1: Is that for like a like a pro subscription? 139 00:06:20,240 --> 00:06:22,200 Speaker 4: We have one because we make a lot of our 140 00:06:22,240 --> 00:06:27,400 Speaker 4: convat but why did we want to refund it? Was 141 00:06:27,440 --> 00:06:29,840 Speaker 4: there any more information or she'd just been working towards 142 00:06:29,839 --> 00:06:32,000 Speaker 4: this goal and actually canceled it because she wasn't using it. 143 00:06:32,040 --> 00:06:34,120 Speaker 6: I think that's that's all all right. That's a that's 144 00:06:34,120 --> 00:06:36,400 Speaker 6: a good tip on your Kimberly. The next weein, it 145 00:06:36,440 --> 00:06:41,320 Speaker 6: comes from Kira money Win. KitchenAid mixes went on clearance 146 00:06:41,440 --> 00:06:43,880 Speaker 6: at the Good Guys Clearance and I managed to pick 147 00:06:43,960 --> 00:06:47,040 Speaker 6: up my dream mixer for two hundred and twenty five dollars. 148 00:06:46,960 --> 00:06:48,480 Speaker 1: Less than usual. 149 00:06:48,640 --> 00:06:51,840 Speaker 7: Yeah, what you were doing? 150 00:06:52,120 --> 00:06:53,920 Speaker 6: When I read it, I was like two twenty five 151 00:06:53,960 --> 00:06:55,760 Speaker 6: dollars but still good. 152 00:06:55,960 --> 00:06:58,839 Speaker 4: Got it for free with Yeah, that's very true. Why 153 00:06:58,839 --> 00:07:00,520 Speaker 4: don't you trump one of our comm member? 154 00:07:01,520 --> 00:07:03,000 Speaker 1: That was a great win, Kira. I'm sorry to do 155 00:07:03,040 --> 00:07:06,720 Speaker 1: that to you. Well done before it was nasty. 156 00:07:07,040 --> 00:07:09,520 Speaker 6: The next week and it comes from Lauren money Win 157 00:07:09,920 --> 00:07:13,400 Speaker 6: free beer. I went to a beer festival and as 158 00:07:13,440 --> 00:07:15,480 Speaker 6: it turns out, my ex was working at one of 159 00:07:15,520 --> 00:07:19,160 Speaker 6: the breweries. We set our hellos and then his boss goes, 160 00:07:19,480 --> 00:07:22,680 Speaker 6: feel free to give your friends some drinks, and suddenly 161 00:07:22,880 --> 00:07:25,320 Speaker 6: I went to see my ex several times that day. 162 00:07:28,480 --> 00:07:30,480 Speaker 4: Hear of your exes give you free beers because I 163 00:07:30,480 --> 00:07:31,440 Speaker 4: don't know if that's how. 164 00:07:31,320 --> 00:07:35,680 Speaker 1: My relationship maybe, well, maybe i'd give you. 165 00:07:35,600 --> 00:07:39,440 Speaker 6: A free beer because we're about to be exes. 166 00:07:43,040 --> 00:07:44,240 Speaker 1: We were staying. 167 00:07:44,160 --> 00:07:47,760 Speaker 6: Friends the next wee and it comes from Jody. My 168 00:07:47,840 --> 00:07:51,320 Speaker 6: health insurance gave me fifty six dollars back worth of 169 00:07:51,400 --> 00:07:54,920 Speaker 6: premiums as a thank you for sticking with them throughout COVID. Nice, small, 170 00:07:55,000 --> 00:07:58,000 Speaker 6: but fabulous win. We love little bonuses like that, don't we? 171 00:07:58,000 --> 00:07:58,480 Speaker 4: We do. 172 00:07:58,920 --> 00:08:02,000 Speaker 6: The final money win of the week is from Kate. 173 00:08:02,200 --> 00:08:05,040 Speaker 6: I was looking at buying some linen sheets and quilt 174 00:08:05,080 --> 00:08:08,000 Speaker 6: sets are around four hundred dollars all up, But then 175 00:08:08,320 --> 00:08:11,240 Speaker 6: I just checked the Elder Special Buyers and they have 176 00:08:11,320 --> 00:08:14,680 Speaker 6: linen sheets slash quilt sets for two hundred dollars ish 177 00:08:14,720 --> 00:08:15,080 Speaker 6: all up. 178 00:08:15,080 --> 00:08:18,320 Speaker 1: This week, riddle me something ELDI can't do. Oh please. 179 00:08:19,120 --> 00:08:22,280 Speaker 1: A few weeks ago I bought what did I buy? 180 00:08:22,440 --> 00:08:25,880 Speaker 1: A coffee machine? They have very good vegan ice cream 181 00:08:26,080 --> 00:08:26,560 Speaker 1: that middle. 182 00:08:27,960 --> 00:08:31,800 Speaker 5: They have a really they do waffle fries from Curly Fries, 183 00:08:31,840 --> 00:08:32,280 Speaker 5: which are. 184 00:08:32,240 --> 00:08:34,320 Speaker 1: Very hard to find. In case anyone's ever tried, I. 185 00:08:34,280 --> 00:08:36,800 Speaker 4: Can imagine you being a fan of both of those things. 186 00:08:37,040 --> 00:08:41,599 Speaker 4: I also bought my ski undergarments from there, so my anmals. Yeah, 187 00:08:41,640 --> 00:08:43,839 Speaker 4: every year obviously not this time a few it's a 188 00:08:43,880 --> 00:08:45,880 Speaker 4: bit warm at the moment, become I think June or 189 00:08:46,000 --> 00:08:48,400 Speaker 4: I think it's June. They do like their ski sale 190 00:08:48,480 --> 00:08:51,160 Speaker 4: and their stuff is so good and so cheap like 191 00:08:51,240 --> 00:08:54,480 Speaker 4: thermals like thirty bucks money win like, Yeah, Eldie got 192 00:08:54,520 --> 00:08:57,120 Speaker 4: a lot on Patagonia except for the environmental stuff. 193 00:08:58,440 --> 00:09:01,240 Speaker 1: That is it for the week. That's all you've got. 194 00:09:01,840 --> 00:09:02,480 Speaker 5: You did a good. 195 00:09:02,440 --> 00:09:03,079 Speaker 1: Round up though. 196 00:09:03,200 --> 00:09:05,800 Speaker 4: I'm very proud of you, all right, gee, as always, 197 00:09:05,840 --> 00:09:08,480 Speaker 4: it has been fantastic celebrating some of your budget direct 198 00:09:08,520 --> 00:09:11,480 Speaker 4: money wins. Budget Direct winner of Kanstar's Insurer of the 199 00:09:11,559 --> 00:09:15,440 Speaker 4: Year Award twenty twenty two. Budget Direct Insurance solved. All right, 200 00:09:15,520 --> 00:09:17,560 Speaker 4: let's go to a really quick break, and after the break, 201 00:09:17,559 --> 00:09:19,720 Speaker 4: we're going to answer a question from our friend Brittany, 202 00:09:19,720 --> 00:09:22,000 Speaker 4: who has a question around loans and debts, and we 203 00:09:22,040 --> 00:09:23,679 Speaker 4: are also going to talk. 204 00:09:23,480 --> 00:09:28,240 Speaker 1: About Bali, not just Georgia King's holiday. Don't go anywhere, 205 00:09:32,520 --> 00:09:33,520 Speaker 1: all right, guys. 206 00:09:33,559 --> 00:09:37,000 Speaker 5: So, as we've heard, George spent a beautiful couple of 207 00:09:37,000 --> 00:09:40,320 Speaker 5: weeks on the crisp golden sands of Bali. Did to 208 00:09:40,360 --> 00:09:43,480 Speaker 5: have a good time golden but all right, I haven't 209 00:09:43,520 --> 00:09:45,199 Speaker 5: been so unfortunately. 210 00:09:45,559 --> 00:09:48,400 Speaker 1: No, it's gorgeous. It's so nice over there whereabouts in Bali? 211 00:09:48,480 --> 00:09:52,160 Speaker 6: Did you go testing me? We went to Changu, Semenyak 212 00:09:52,240 --> 00:09:56,760 Speaker 6: and Uberod. Changu is the new coutera guys Chang. 213 00:09:57,000 --> 00:09:58,280 Speaker 1: Everyone talks about it. 214 00:09:58,480 --> 00:10:02,400 Speaker 4: I have been to Semenyak, Adore, Seminiac, so many good restaurants. 215 00:10:02,400 --> 00:10:04,160 Speaker 4: But also last time I went to Bali, I went 216 00:10:04,160 --> 00:10:06,000 Speaker 4: to Ubud and basically became a yogi. 217 00:10:06,120 --> 00:10:07,920 Speaker 1: That is exactly what I did as well. 218 00:10:08,000 --> 00:10:10,480 Speaker 4: I love it so many Asai balls, But that's not 219 00:10:10,520 --> 00:10:11,760 Speaker 4: what we're here to talk about. 220 00:10:12,280 --> 00:10:14,640 Speaker 5: You might be interested to know. Actually, then George is 221 00:10:14,760 --> 00:10:17,880 Speaker 5: just going to become a full time circling it around 222 00:10:17,880 --> 00:10:21,880 Speaker 5: because Bali have recently implemented a tax free visa for 223 00:10:21,920 --> 00:10:24,760 Speaker 5: Ossie tourists, which is pretty cool. So a little bit 224 00:10:24,760 --> 00:10:27,200 Speaker 5: more info for you in case you're interested. They've got 225 00:10:27,200 --> 00:10:30,920 Speaker 5: the new B two one one, a digital nomad visa 226 00:10:30,960 --> 00:10:31,719 Speaker 5: which allows. 227 00:10:31,480 --> 00:10:32,760 Speaker 1: Australia makes a lot of sense to me. 228 00:10:32,840 --> 00:10:36,440 Speaker 5: Yeah, which different to the B six Yeah, which is 229 00:10:36,480 --> 00:10:40,439 Speaker 5: just an It will allow Australians to live and work 230 00:10:40,720 --> 00:10:44,240 Speaker 5: in Bali for six months tax free, and apparently there's 231 00:10:44,280 --> 00:10:47,520 Speaker 5: a five year version in the works as well. Bali 232 00:10:47,679 --> 00:10:50,480 Speaker 5: previously was kind of home to a lot of digital nomad's, 233 00:10:50,480 --> 00:10:52,960 Speaker 5: people who run their own businesses or do online courses 234 00:10:53,080 --> 00:10:55,400 Speaker 5: or Yogi retreats or all those kinds of things, because 235 00:10:55,440 --> 00:10:57,920 Speaker 5: it is a beautiful country that's very close to us here. 236 00:10:58,360 --> 00:11:01,200 Speaker 5: The cost of living is obviously significantly lower than the 237 00:11:01,200 --> 00:11:03,600 Speaker 5: cost of living here. But as we've spoken about on 238 00:11:03,600 --> 00:11:06,600 Speaker 5: the pot before, if you're traveling internationally, if your business 239 00:11:06,720 --> 00:11:11,680 Speaker 5: is registered here, you're paying money to tax right here. However, 240 00:11:11,920 --> 00:11:14,040 Speaker 5: you know, if you register your business over there, it's 241 00:11:14,080 --> 00:11:16,320 Speaker 5: tax free for six months, maybe five years, if they 242 00:11:16,320 --> 00:11:18,000 Speaker 5: get that across the line and get to live in Bali, 243 00:11:18,040 --> 00:11:19,480 Speaker 5: which sounds like absolute drink to me. 244 00:11:20,200 --> 00:11:23,640 Speaker 6: And to me, my girl, I can anyone think of 245 00:11:23,640 --> 00:11:25,360 Speaker 6: a business idea for me to take over there? 246 00:11:25,400 --> 00:11:29,320 Speaker 1: Oh? My right, copies of the money. She's on the money, girl. 247 00:11:29,920 --> 00:11:31,880 Speaker 1: Didn't you do a workshop over there or something? 248 00:11:31,920 --> 00:11:32,079 Speaker 2: Yeah? 249 00:11:32,120 --> 00:11:34,720 Speaker 4: I've done some No, no, no, I mean it technically was 250 00:11:34,760 --> 00:11:35,920 Speaker 4: me taking work over seas. 251 00:11:35,960 --> 00:11:38,480 Speaker 1: I've had to pay tax on that income. What a joke. Yeah, 252 00:11:38,559 --> 00:11:40,800 Speaker 1: I ran some workshops in Bali a long time. Ago. 253 00:11:40,920 --> 00:11:43,520 Speaker 1: I'm impressed that you remembered. That stuck out to me. 254 00:11:43,559 --> 00:11:44,360 Speaker 1: It was way back when. 255 00:11:44,400 --> 00:11:46,440 Speaker 4: I think it was like twenty eighteen or so, back 256 00:11:46,480 --> 00:11:49,280 Speaker 4: when She's on the Money wasn't even properly born yet. 257 00:11:49,280 --> 00:11:51,240 Speaker 4: I was doing Shees on the Money workshops and was 258 00:11:51,280 --> 00:11:54,720 Speaker 4: invited over there to run workshops for a leadership forum, 259 00:11:54,800 --> 00:11:56,640 Speaker 4: and it was a lot of fun. The only thing 260 00:11:56,679 --> 00:11:59,560 Speaker 4: I will say, as someone who prides themselves on having 261 00:11:59,679 --> 00:12:03,480 Speaker 4: nice the humidity does not agree with me. Is not 262 00:12:03,720 --> 00:12:06,920 Speaker 4: great and my skin goes terrible. But you know, if 263 00:12:06,920 --> 00:12:08,880 Speaker 4: I'm not paying tax, maybe that's the price you pay. 264 00:12:09,000 --> 00:12:11,280 Speaker 6: If I went over there and was like, I'm creating 265 00:12:11,280 --> 00:12:14,560 Speaker 6: my own podcast all about money after that hostly not 266 00:12:14,800 --> 00:12:16,160 Speaker 6: if called George's on the Money, It's. 267 00:12:16,040 --> 00:12:17,600 Speaker 1: Called George's on the Money, watch out for it. Is 268 00:12:17,600 --> 00:12:19,760 Speaker 1: why she's leaving us. I can't tell you much, but 269 00:12:19,880 --> 00:12:20,360 Speaker 1: come along. 270 00:12:20,720 --> 00:12:23,800 Speaker 6: If I had sponsors back from Australia, I wouldn't have 271 00:12:23,840 --> 00:12:24,840 Speaker 6: to pay tax on that is right. 272 00:12:24,920 --> 00:12:25,160 Speaker 2: See. 273 00:12:25,160 --> 00:12:27,560 Speaker 4: The problem with that is obviously you would have to 274 00:12:27,600 --> 00:12:31,240 Speaker 4: register yourself in Indonesia as someone who is living there 275 00:12:31,240 --> 00:12:34,160 Speaker 4: and paying tax there. Australia would no longer be the 276 00:12:34,160 --> 00:12:37,199 Speaker 4: place that you're paying tax or generating an income. So obviously, 277 00:12:37,240 --> 00:12:38,920 Speaker 4: if you're in Australia and you work for a company 278 00:12:38,920 --> 00:12:41,360 Speaker 4: that enables you to work, you know, from wherever you want. 279 00:12:41,480 --> 00:12:44,600 Speaker 4: You can't just go to Bali and then earn income 280 00:12:44,679 --> 00:12:45,200 Speaker 4: tax free. 281 00:12:45,200 --> 00:12:46,200 Speaker 1: That's not going to work. 282 00:12:46,440 --> 00:12:48,760 Speaker 4: It will probably either have to be negotiated or you'll 283 00:12:48,760 --> 00:12:51,720 Speaker 4: have to have an employment contract in Bali to make 284 00:12:51,760 --> 00:12:53,800 Speaker 4: that work. So there's lots of semantics and you can 285 00:12:53,840 --> 00:12:56,800 Speaker 4: jump online and find them out. However, I just like 286 00:12:56,880 --> 00:13:00,400 Speaker 4: the idea that they're trying to promote more tourism coming back. 287 00:13:00,559 --> 00:13:04,600 Speaker 4: Obviously COVID hit them pretty hard. Tourism was their biggest 288 00:13:04,600 --> 00:13:06,880 Speaker 4: income generator, and now they're trying to get people from 289 00:13:06,920 --> 00:13:08,720 Speaker 4: around the globe to come and you know, set up 290 00:13:08,760 --> 00:13:11,839 Speaker 4: shop and bring it back because Balie's a gorgeous place. 291 00:13:11,880 --> 00:13:12,680 Speaker 1: It's a gorgeous place. 292 00:13:12,720 --> 00:13:15,040 Speaker 5: They estimate that it will create four point four million 293 00:13:15,120 --> 00:13:17,599 Speaker 5: jobs without taking any away from local residents, which I 294 00:13:17,600 --> 00:13:21,000 Speaker 5: think is a huge Yes, very exciting bit of a 295 00:13:21,120 --> 00:13:24,040 Speaker 5: short one, but a fun one this week, irrelevant for you, George. 296 00:13:24,640 --> 00:13:26,800 Speaker 4: That's why we picked it. Yes week's all about Georgia 297 00:13:26,840 --> 00:13:28,800 Speaker 4: and it's George's last episode. But before we get to 298 00:13:28,840 --> 00:13:31,680 Speaker 4: answering the question from our listener, Gee, how are you 299 00:13:31,760 --> 00:13:33,800 Speaker 4: feeling a little bit weird? 300 00:13:34,760 --> 00:13:38,560 Speaker 6: I mean, yeah, it's emotional, but it's exciting. It's just 301 00:13:38,640 --> 00:13:40,280 Speaker 6: it's a bit of a strange feeling. I feel like 302 00:13:40,360 --> 00:13:43,040 Speaker 6: tomorrow when I wake up, it'll be it'll be really 303 00:13:43,360 --> 00:13:49,800 Speaker 6: Dobby's a free free olm, Dobby is a free elf. 304 00:13:50,320 --> 00:13:52,480 Speaker 1: Well, he didn't know what to do with himself either. No, 305 00:13:52,559 --> 00:13:53,040 Speaker 1: but he died. 306 00:13:53,120 --> 00:13:53,400 Speaker 2: Let's not. 307 00:13:56,280 --> 00:14:01,800 Speaker 1: Wat not a great you are like a beautiful bushy fly. 308 00:14:03,160 --> 00:14:07,000 Speaker 1: You have to leave that in that. I'm really sorry, Georgia. No, 309 00:14:07,160 --> 00:14:10,120 Speaker 1: I'll see you around. You're still around. You'll see me around. 310 00:14:10,160 --> 00:14:11,360 Speaker 1: And if you want to keep up with you, where 311 00:14:11,360 --> 00:14:12,120 Speaker 1: can they find you? 312 00:14:12,280 --> 00:14:16,319 Speaker 6: Great question at my extremely active social media page, I 313 00:14:16,400 --> 00:14:17,760 Speaker 6: meant cheeking on tour? 314 00:14:18,320 --> 00:14:20,560 Speaker 1: Okays, anyone ever wondered where that nickname came from? 315 00:14:20,560 --> 00:14:24,320 Speaker 4: It was actually Instagram, which I believe came because my 316 00:14:24,360 --> 00:14:26,800 Speaker 4: sister made it for you when you were literally on 317 00:14:26,920 --> 00:14:29,200 Speaker 4: a Europe, when we were. 318 00:14:29,080 --> 00:14:32,200 Speaker 1: On a Europe. It's a good story. Tell it's a 319 00:14:32,200 --> 00:14:32,680 Speaker 1: good story. 320 00:14:32,760 --> 00:14:37,520 Speaker 6: So I, surprise, surprise, was very late to Instagram. I 321 00:14:37,560 --> 00:14:40,560 Speaker 6: didn't really get it. Still don't really, but we were 322 00:14:40,600 --> 00:14:42,680 Speaker 6: just kind of taking the mickey, and you know, there's 323 00:14:42,720 --> 00:14:45,160 Speaker 6: photos of me with like a beret next to the 324 00:14:45,200 --> 00:14:47,760 Speaker 6: Eiffel Tower, holding like a small Eiffel tower, being like. 325 00:14:49,560 --> 00:14:51,920 Speaker 1: Being a dickhead. So it kind of went from. 326 00:14:51,720 --> 00:14:54,360 Speaker 6: There, and then it really didn't pro cross anywhere because 327 00:14:54,400 --> 00:14:57,560 Speaker 6: I don't use social media, but maybe I'll try harder 328 00:14:57,600 --> 00:15:00,680 Speaker 6: so that I can stay connected with you guys, and yes, 329 00:15:00,680 --> 00:15:03,720 Speaker 6: stay connected with you the glorious shoes on the money community. 330 00:15:03,960 --> 00:15:06,680 Speaker 6: As I mentioned when we announced that I was departing 331 00:15:06,720 --> 00:15:09,440 Speaker 6: a few weeks ago. Now, it has been a great 332 00:15:09,520 --> 00:15:12,600 Speaker 6: privilege and a great honor. I've loved doing it. It's 333 00:15:12,600 --> 00:15:15,480 Speaker 6: been so special. I've learned a lot about money along 334 00:15:15,520 --> 00:15:18,480 Speaker 6: the way as well. And yeah, just I guess a 335 00:15:18,520 --> 00:15:21,800 Speaker 6: big thank you to everyone for listening and for giving 336 00:15:21,800 --> 00:15:23,240 Speaker 6: me the privilege of. 337 00:15:23,560 --> 00:15:25,920 Speaker 1: Being in your ears. 338 00:15:26,080 --> 00:15:30,280 Speaker 4: Broke our DMS. When we announced it, people were unhappy. 339 00:15:30,360 --> 00:15:33,119 Speaker 4: We were thinking maybe we'd have to go the right bodies. 340 00:15:34,360 --> 00:15:35,800 Speaker 1: They were like, we don't want to be left with 341 00:15:35,840 --> 00:15:36,480 Speaker 1: these guys. 342 00:15:36,640 --> 00:15:39,360 Speaker 4: What are you doing geeking on tour but no keeping 343 00:15:39,440 --> 00:15:42,120 Speaker 4: contact Obviously you're not going that far, just leaving the pod, 344 00:15:42,160 --> 00:15:44,360 Speaker 4: which is really far away. But no, we are so 345 00:15:44,400 --> 00:15:46,120 Speaker 4: grateful that you have been on the journey. I've said 346 00:15:46,160 --> 00:15:47,600 Speaker 4: it all to you before. I don't want to cry. 347 00:15:47,680 --> 00:15:49,520 Speaker 4: I will get really upset because I get really, really 348 00:15:49,520 --> 00:15:51,640 Speaker 4: emotional about stuff like this. But it has been an 349 00:15:51,640 --> 00:15:53,880 Speaker 4: absolute privilege sharing the last three years on the pod 350 00:15:54,000 --> 00:15:54,240 Speaker 4: with you. 351 00:15:55,040 --> 00:15:57,840 Speaker 1: I was checking up and yes, thanks to Victoria. 352 00:15:59,040 --> 00:15:59,320 Speaker 2: Corner. 353 00:16:00,240 --> 00:16:03,120 Speaker 1: It's not sad you're still I know. 354 00:16:03,280 --> 00:16:05,680 Speaker 5: I'm very excited for you, but obviously we'll miss you 355 00:16:05,840 --> 00:16:07,080 Speaker 5: so so so much. 356 00:16:08,040 --> 00:16:10,760 Speaker 6: And yeah, thank you to Victoria and Jess for making 357 00:16:10,760 --> 00:16:13,640 Speaker 6: it such a brilliant experience. And I love you both, 358 00:16:13,720 --> 00:16:15,240 Speaker 6: and stay in touch. 359 00:16:15,320 --> 00:16:18,000 Speaker 1: Don't forget me. We're not gonna forget you. 360 00:16:18,480 --> 00:16:20,680 Speaker 4: But you think that your social media is where we're 361 00:16:20,680 --> 00:16:23,280 Speaker 4: going to keep in contact. Like anybody who knows Georgia, 362 00:16:23,520 --> 00:16:24,640 Speaker 4: you just don't bother now. 363 00:16:24,720 --> 00:16:26,600 Speaker 5: Alex told me you were meant to change your name 364 00:16:26,800 --> 00:16:28,680 Speaker 5: to jeeking at home, and you just never did. 365 00:16:28,600 --> 00:16:32,360 Speaker 1: Any jeeking on at home. 366 00:16:34,560 --> 00:16:36,800 Speaker 4: It's actually the best thing ever because I'll be like, oh, yeah, 367 00:16:36,840 --> 00:16:39,040 Speaker 4: that thing we did on Instagram, and George will be like, yes, 368 00:16:39,400 --> 00:16:41,479 Speaker 4: that thing you did on the Instagram. 369 00:16:42,680 --> 00:16:47,040 Speaker 1: I don't like my nine year old Grandma, it's my favorite. Alright, alright, 370 00:16:47,160 --> 00:16:49,160 Speaker 1: let's get back into the show that people want. A 371 00:16:49,200 --> 00:16:50,880 Speaker 1: listener question, what have we got? 372 00:16:52,960 --> 00:16:53,120 Speaker 8: Hi? 373 00:16:53,200 --> 00:16:55,640 Speaker 6: There have you got up money dilemma? You just can't 374 00:16:55,640 --> 00:16:58,240 Speaker 6: solve that. She's on the Money Team is here to help. 375 00:16:58,600 --> 00:17:01,440 Speaker 6: Every week we tackle your both big and small to 376 00:17:01,480 --> 00:17:05,159 Speaker 6: answer your most burning money, career and life questions. To 377 00:17:05,200 --> 00:17:07,639 Speaker 6: get involved, simply head to our website and leave us 378 00:17:07,640 --> 00:17:09,840 Speaker 6: a quick voice recording and you may just find yourself 379 00:17:09,840 --> 00:17:12,480 Speaker 6: on the show. Now, let's take a listen to today's 380 00:17:12,480 --> 00:17:14,000 Speaker 6: money dilemma. 381 00:17:14,560 --> 00:17:16,720 Speaker 8: Hi, I'm a twenty three year old who has just 382 00:17:16,720 --> 00:17:20,600 Speaker 8: finished UNI. I'm finally working my dream job making some 383 00:17:21,280 --> 00:17:24,560 Speaker 8: quite good money considering. However, when I was at UNI, 384 00:17:24,680 --> 00:17:27,360 Speaker 8: I tried to live it but my means quite significantly 385 00:17:27,520 --> 00:17:31,600 Speaker 8: and got out. Zip pays Zip money after paying nimbles 386 00:17:31,640 --> 00:17:33,560 Speaker 8: anything to try to pay my bills and pay my 387 00:17:33,640 --> 00:17:36,560 Speaker 8: car loan and my rent. So now that I'm making 388 00:17:36,560 --> 00:17:39,560 Speaker 8: this amazing money as a new grad, I'm still left 389 00:17:39,600 --> 00:17:42,200 Speaker 8: with next to nothing trying to repay all of these 390 00:17:42,240 --> 00:17:45,760 Speaker 8: silly little loans. So please help me dig myself out 391 00:17:45,760 --> 00:17:49,080 Speaker 8: of this hole. How do I have more financial freedom 392 00:17:49,280 --> 00:17:52,280 Speaker 8: and have more control over my money and so I 393 00:17:52,280 --> 00:17:53,280 Speaker 8: don't ever do that again. 394 00:17:53,720 --> 00:17:53,960 Speaker 2: Help. 395 00:17:54,640 --> 00:17:57,800 Speaker 4: This is so common and I was talking to you 396 00:17:57,840 --> 00:18:00,199 Speaker 4: about this the other day, actually, Jess, where you go 397 00:18:00,359 --> 00:18:03,960 Speaker 4: from being a rich UNI student to a broke professional. 398 00:18:04,359 --> 00:18:07,640 Speaker 4: And it's an interesting juxtaposition because I think that when 399 00:18:07,600 --> 00:18:09,920 Speaker 4: we UNI students be like Yolo, it doesn't matter. I 400 00:18:09,920 --> 00:18:11,480 Speaker 4: don't need to save or I don't need to do this, 401 00:18:11,600 --> 00:18:13,359 Speaker 4: so I'll just do it when I have a career, 402 00:18:13,520 --> 00:18:14,240 Speaker 4: or do it when I. 403 00:18:14,200 --> 00:18:15,280 Speaker 1: Have a full time income. 404 00:18:15,480 --> 00:18:17,000 Speaker 4: Then you get your full time income and you're like 405 00:18:17,080 --> 00:18:21,120 Speaker 4: paying the debts for the decisions you made during university. 406 00:18:21,640 --> 00:18:23,920 Speaker 1: And I say that because that's what I did. 407 00:18:24,280 --> 00:18:28,120 Speaker 4: Yeah, slippery slope, I totally understand it. But I think 408 00:18:28,160 --> 00:18:30,159 Speaker 4: now is the time to really just take hold of 409 00:18:30,160 --> 00:18:31,520 Speaker 4: your budget and your cash flow. 410 00:18:31,840 --> 00:18:33,320 Speaker 1: I can't emphasize it more. 411 00:18:33,359 --> 00:18:35,600 Speaker 4: I need you to sit down, every single person and 412 00:18:35,720 --> 00:18:38,040 Speaker 4: understand how much money is coming in, how much money 413 00:18:38,080 --> 00:18:40,679 Speaker 4: is going out, what do your debts look like. I 414 00:18:40,720 --> 00:18:43,399 Speaker 4: have no idea of you know, the cumulative debt that 415 00:18:43,400 --> 00:18:45,199 Speaker 4: you're in or where they're all sitting. But if you've 416 00:18:45,240 --> 00:18:47,480 Speaker 4: got a number of different buy now, pay later companies, 417 00:18:47,680 --> 00:18:49,840 Speaker 4: having a look at which ones have you know, the 418 00:18:49,960 --> 00:18:52,919 Speaker 4: highest fees or the highest amount of exit fees and 419 00:18:52,960 --> 00:18:55,120 Speaker 4: paying the big ones off first. But we also did 420 00:18:55,119 --> 00:18:58,080 Speaker 4: an episode talking about debt reduction where we discuss the 421 00:18:58,119 --> 00:18:59,400 Speaker 4: differences between. 422 00:18:59,040 --> 00:19:01,160 Speaker 1: The snowball method and the avalanche method. 423 00:19:01,200 --> 00:19:04,119 Speaker 4: I would absolutely go back and listen to that and 424 00:19:04,160 --> 00:19:07,680 Speaker 4: decide what strategy works for you. I also would recommend 425 00:19:07,800 --> 00:19:10,760 Speaker 4: keeping track of it, like get a chart, write a 426 00:19:10,840 --> 00:19:13,240 Speaker 4: list of where you're going to be at, make goals 427 00:19:13,280 --> 00:19:15,240 Speaker 4: so that you know, all right, well, I know that 428 00:19:15,280 --> 00:19:17,640 Speaker 4: I can contribute fifty dollars a week to this. If 429 00:19:17,680 --> 00:19:19,680 Speaker 4: I do that, by December, I'm going to be out 430 00:19:19,720 --> 00:19:21,879 Speaker 4: of debt, or by you know, January, I'm going to 431 00:19:21,920 --> 00:19:24,240 Speaker 4: be out. It's one of those things where create a 432 00:19:24,280 --> 00:19:26,879 Speaker 4: goal because then you feel like you're working towards something 433 00:19:26,880 --> 00:19:29,440 Speaker 4: and actually track it because you feel like you're. 434 00:19:29,280 --> 00:19:29,840 Speaker 1: On the way. 435 00:19:30,160 --> 00:19:32,960 Speaker 4: Jess, you've been in debt before. How did you feel 436 00:19:33,000 --> 00:19:33,719 Speaker 4: getting out of it? 437 00:19:33,920 --> 00:19:34,120 Speaker 2: Ah? 438 00:19:34,160 --> 00:19:36,639 Speaker 5: I think I said before. It was a huge weight 439 00:19:36,840 --> 00:19:40,480 Speaker 5: off of my shoulders. It was simultaneously the best feeling 440 00:19:40,480 --> 00:19:42,879 Speaker 5: ever and the most underwhelming experience of my life. Like 441 00:19:42,960 --> 00:19:45,800 Speaker 5: the finally going into the bank and closing the card 442 00:19:45,840 --> 00:19:47,359 Speaker 5: and being like it's done, it's gone. 443 00:19:47,960 --> 00:19:51,719 Speaker 1: Where's my parade? Don't they have like confetti cannons? I 444 00:19:51,800 --> 00:19:52,560 Speaker 1: kind of expect. 445 00:19:52,359 --> 00:19:53,919 Speaker 5: Them to going to be like a sticker or something 446 00:19:53,920 --> 00:19:57,879 Speaker 5: at the very least, but like a yeah, nothing for 447 00:19:57,920 --> 00:19:58,560 Speaker 5: poor little Jess. 448 00:19:58,720 --> 00:20:01,520 Speaker 1: You literally get more when you vaccinated. It's true, what 449 00:20:01,560 --> 00:20:02,920 Speaker 1: the hell? Or when you vote? 450 00:20:03,200 --> 00:20:06,720 Speaker 5: I got stickers when I got vaccinated. Yeah, but it's 451 00:20:06,760 --> 00:20:10,120 Speaker 5: such a good feeling. I think just plugging away, particularly 452 00:20:10,119 --> 00:20:11,679 Speaker 5: if you've just come out of UNI and you're like, 453 00:20:11,760 --> 00:20:14,600 Speaker 5: oh my god, how did this happen? We've all been there. 454 00:20:14,600 --> 00:20:17,920 Speaker 5: But I think just chipping away regularly, setting it up 455 00:20:17,960 --> 00:20:20,639 Speaker 5: so that you get used to that amount of money 456 00:20:20,680 --> 00:20:23,080 Speaker 5: disappearing as you pay it off, pushing yourself forward to 457 00:20:23,080 --> 00:20:25,840 Speaker 5: pay it off, and then when you do, being like okay, great, 458 00:20:25,880 --> 00:20:28,160 Speaker 5: like I'm going to take that same amount of money 459 00:20:28,359 --> 00:20:30,280 Speaker 5: and put it towards something else is what really worked 460 00:20:30,280 --> 00:20:32,840 Speaker 5: for me, because nothing really changed in terms of lifestyle. 461 00:20:33,320 --> 00:20:35,359 Speaker 5: I was already seeing that money disappear. It was just 462 00:20:35,400 --> 00:20:37,960 Speaker 5: now it was going towards saving for a goal rather 463 00:20:38,000 --> 00:20:38,880 Speaker 5: than paying down a debt. 464 00:20:39,080 --> 00:20:42,200 Speaker 4: Yeah, and it's exciting because if you do that, well, 465 00:20:42,560 --> 00:20:45,680 Speaker 4: you're automatically going to have a really good savings habit 466 00:20:45,800 --> 00:20:48,520 Speaker 4: because you're so used to putting that money aside. 467 00:20:48,880 --> 00:20:51,560 Speaker 1: Don't change it. Continue to put that money aside. When 468 00:20:51,560 --> 00:20:54,800 Speaker 1: one debt's gone, just retransfer it to a savings account, 469 00:20:54,840 --> 00:20:57,600 Speaker 1: and you've set yourself up for success. I think it's genius. Yeah, 470 00:20:57,640 --> 00:20:58,240 Speaker 1: that's smart. 471 00:20:58,480 --> 00:21:01,320 Speaker 6: The other thing that I've I've learned about on this 472 00:21:01,520 --> 00:21:06,840 Speaker 6: very podcast, Ladies, that Brittany might find helpful is knowing 473 00:21:06,840 --> 00:21:08,480 Speaker 6: about the trap of lifestyle creep. 474 00:21:08,880 --> 00:21:10,360 Speaker 1: So that is, when you. 475 00:21:10,520 --> 00:21:14,199 Speaker 6: Gain a better income, you can become very tempted to 476 00:21:14,400 --> 00:21:17,719 Speaker 6: spend that income on nice, pretty little things. And whilst 477 00:21:17,720 --> 00:21:20,679 Speaker 6: it seems harmless at the start, I'll just grab, you know, 478 00:21:21,200 --> 00:21:24,280 Speaker 6: a latte day, then all of a sudden you're grabbing 479 00:21:24,320 --> 00:21:25,320 Speaker 6: a croissant with your latte. 480 00:21:25,400 --> 00:21:27,160 Speaker 1: I don't know if this is the best example, but. 481 00:21:27,119 --> 00:21:29,640 Speaker 4: It's your example because I know what you do every day, 482 00:21:30,560 --> 00:21:32,560 Speaker 4: have a college be aware I do it anyway. 483 00:21:33,960 --> 00:21:36,040 Speaker 6: These little things can creep into your lifestyle that you 484 00:21:36,040 --> 00:21:38,280 Speaker 6: don't really notice, and then all of a sudden you're 485 00:21:38,320 --> 00:21:42,360 Speaker 6: spending hundreds of dollars a week on non essential spends just. 486 00:21:42,320 --> 00:21:43,359 Speaker 1: Because you can afford it. 487 00:21:43,400 --> 00:21:47,840 Speaker 6: But that is jeopardizing your largest saving if I retrospectively. 488 00:21:47,080 --> 00:21:52,040 Speaker 4: At my journey from university into full time working, I 489 00:21:52,080 --> 00:21:54,360 Speaker 4: guess my best example of that is my makeup. 490 00:21:54,400 --> 00:21:56,480 Speaker 1: And I've said this before. I think I actually wrote 491 00:21:56,480 --> 00:21:56,880 Speaker 1: about it. 492 00:21:56,840 --> 00:21:59,359 Speaker 4: In my first book, where you know, when I was 493 00:21:59,359 --> 00:22:01,560 Speaker 4: at high school and I didn't really have any income 494 00:22:01,600 --> 00:22:04,200 Speaker 4: and my mum was buying me makeup for the first time. 495 00:22:04,240 --> 00:22:06,800 Speaker 1: It was just from the supermarket. Whatever was like handy 496 00:22:06,920 --> 00:22:07,600 Speaker 1: we would get. 497 00:22:07,800 --> 00:22:09,639 Speaker 4: And then I got my first job and I started 498 00:22:09,680 --> 00:22:11,880 Speaker 4: paying for my own makeup, and so i'd still buy 499 00:22:11,880 --> 00:22:13,480 Speaker 4: it at the supermarket, but maybe i'd go to like 500 00:22:13,600 --> 00:22:16,200 Speaker 4: price line, and then things got a little bit more 501 00:22:16,240 --> 00:22:18,879 Speaker 4: bougie and expensive. When I was at union, I was like, 502 00:22:18,880 --> 00:22:20,840 Speaker 4: all right, now it's price line. I'd get some stuff 503 00:22:20,840 --> 00:22:23,200 Speaker 4: from Maya. I'd also get some stuff from the chemist. 504 00:22:23,400 --> 00:22:26,400 Speaker 4: Like things got progressively more expensive, and then my full 505 00:22:26,400 --> 00:22:29,440 Speaker 4: time job, I'm like, okay, sit down adoor, Beauty and Mecca, 506 00:22:29,640 --> 00:22:32,040 Speaker 4: like we're gonna have to talk. I'm a level three 507 00:22:32,080 --> 00:22:36,199 Speaker 4: beauty looper. Like it actually just spiraled and you just 508 00:22:36,240 --> 00:22:38,680 Speaker 4: don't realize it because like to me, I go, oh, 509 00:22:38,720 --> 00:22:40,960 Speaker 4: but that's the foundation I use. I can't cut back 510 00:22:41,000 --> 00:22:42,760 Speaker 4: on that, and then you look back ten years ago 511 00:22:42,840 --> 00:22:44,960 Speaker 4: and I'm like, well, I was really happy with Mayberlen, 512 00:22:45,359 --> 00:22:48,359 Speaker 4: Like where did that slope slip? And why have I 513 00:22:48,480 --> 00:22:51,800 Speaker 4: decided that in line with my income, I deserve better 514 00:22:51,840 --> 00:22:54,280 Speaker 4: quality products, Like I get it, maybe that's one of 515 00:22:54,359 --> 00:22:56,920 Speaker 4: your core values. But when it came back down to it, 516 00:22:56,960 --> 00:22:58,879 Speaker 4: I was like, hold up, I don't need this, and 517 00:22:58,920 --> 00:23:02,240 Speaker 4: that's why so many of my cosmetics nowadays are so cheap. 518 00:23:02,040 --> 00:23:05,680 Speaker 1: And I lost my Level three Beauty Loops status. It's 519 00:23:05,680 --> 00:23:06,960 Speaker 1: not the worst thing in the world. 520 00:23:07,000 --> 00:23:09,760 Speaker 4: I mean, it means I'm spending less, but it's also 521 00:23:09,800 --> 00:23:12,680 Speaker 4: kind of like going back to what your true values 522 00:23:12,680 --> 00:23:14,960 Speaker 4: are because it kind of just became second nature to me, 523 00:23:15,119 --> 00:23:17,520 Speaker 4: especially as someone who was working in the CBD. It's 524 00:23:17,560 --> 00:23:20,560 Speaker 4: not as prevalent to just like walk into chemist warehouse 525 00:23:20,600 --> 00:23:22,359 Speaker 4: and get some stuff. I was like, oh, Mecca's down there, 526 00:23:22,359 --> 00:23:24,199 Speaker 4: Maybe I'll pop down there on my lunch break, Like 527 00:23:24,240 --> 00:23:27,000 Speaker 4: it's an experience. I love it, Like there's nothing more 528 00:23:27,040 --> 00:23:29,200 Speaker 4: that I love in this world than a good mecha store. 529 00:23:29,440 --> 00:23:30,560 Speaker 1: They smell so good. 530 00:23:30,800 --> 00:23:31,040 Speaker 8: Yeah. 531 00:23:31,200 --> 00:23:33,400 Speaker 4: The only place that smells better than a mecha store 532 00:23:33,440 --> 00:23:34,760 Speaker 4: is a Peter Alexander store. 533 00:23:34,960 --> 00:23:36,680 Speaker 1: Yeah, delicious, Yeah, not wrong. 534 00:23:36,880 --> 00:23:39,560 Speaker 4: So for me, it was about reflecting on my values 535 00:23:39,560 --> 00:23:41,600 Speaker 4: and going well, Actually, am I getting enough value from 536 00:23:41,600 --> 00:23:43,359 Speaker 4: this or not? And I mean there are still some 537 00:23:43,400 --> 00:23:45,680 Speaker 4: bougie things I love to use, but I think it's 538 00:23:45,720 --> 00:23:48,240 Speaker 4: really about reflecting and going well, is this in line 539 00:23:48,240 --> 00:23:48,879 Speaker 4: with my values? 540 00:23:48,920 --> 00:23:51,040 Speaker 1: And Georgia King, if your coffee and croissant is. 541 00:23:51,040 --> 00:23:53,080 Speaker 4: Your values, I'm not gonna argue with you over that. 542 00:23:53,520 --> 00:23:55,240 Speaker 4: And I think that that's one of the learnings that 543 00:23:55,280 --> 00:23:57,840 Speaker 4: I wish i'd kind of bit in the bottom as 544 00:23:57,880 --> 00:23:59,960 Speaker 4: I was coming out of union into full time world, 545 00:24:00,280 --> 00:24:02,320 Speaker 4: because you just don't need to fit in by spending 546 00:24:02,320 --> 00:24:04,360 Speaker 4: an exorbitant amount of money on stuff. 547 00:24:05,920 --> 00:24:06,639 Speaker 1: All right, with that. 548 00:24:09,040 --> 00:24:14,520 Speaker 4: Hard Georgia King, many of you, thank you? Any final 549 00:24:14,600 --> 00:24:16,200 Speaker 4: words before we boot you. 550 00:24:16,160 --> 00:24:18,480 Speaker 1: Out nap, just not being bladed. 551 00:24:18,720 --> 00:24:21,680 Speaker 4: Thanks you're leaving, Just so you know you're leaving voluntarily 552 00:24:21,840 --> 00:24:23,680 Speaker 4: like this, This was your choice? 553 00:24:23,720 --> 00:24:26,399 Speaker 1: Yes, yes, yes, no. Just a big thank you to all. 554 00:24:26,280 --> 00:24:29,600 Speaker 6: The listeners, to my two girls sitting here with me today, 555 00:24:29,600 --> 00:24:32,720 Speaker 6: to Anna Lisa, our beautiful producer, just to everyone who's 556 00:24:32,720 --> 00:24:35,840 Speaker 6: been involved. It's been such a special experience, one that 557 00:24:35,880 --> 00:24:39,120 Speaker 6: I'm not going to forget anytime. Soon and yeah, I'm 558 00:24:39,119 --> 00:24:41,600 Speaker 6: not going anywhere. I kind of am, but I love 559 00:24:41,680 --> 00:24:42,040 Speaker 6: you all. 560 00:24:42,240 --> 00:24:43,320 Speaker 1: Is that a good way of bending? 561 00:24:43,400 --> 00:24:50,119 Speaker 4: We do, See your brunch tomorrow, Georgia King, Bye, Guy Bye. 562 00:24:54,080 --> 00:24:56,680 Speaker 7: The advice shared on Cheese on the Money is generally 563 00:24:56,840 --> 00:25:00,639 Speaker 7: nature and does not consider your individual circumstances. She's on 564 00:25:00,680 --> 00:25:04,200 Speaker 7: the Money exists purely for educational purposes and should not 565 00:25:04,240 --> 00:25:07,240 Speaker 7: be relied upon to make an investment or financial decision. 566 00:25:07,600 --> 00:25:10,080 Speaker 7: If you do choose to buy a financial product, read 567 00:25:10,080 --> 00:25:14,240 Speaker 7: the PDS TMD and obtain appropriate financial advice tailored towards 568 00:25:14,240 --> 00:25:17,520 Speaker 7: your needs. 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