WEBVTT - FRIDAY DRINKS: Valuing Our Frontline Workers 0:00:00.640 --> 0:00:04.880 Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr 0:00:04.920 --> 0:00:08.639 the Order Kerni Whoalbury and a waddery woman. And before 0:00:08.640 --> 0:00:11.119 we get started on She's on the Money podcast, I 0:00:11.160 --> 0:00:14.280 would like to acknowledge the traditional custodians of the land 0:00:14.400 --> 0:00:18.079 of which this podcast is recorded on a wondery country, 0:00:18.120 --> 0:00:22.560 acknowledging the elders, the ancestors and the next generation coming through. 0:00:23.040 --> 0:00:27.120 As this podcast is about connecting, empowering, knowledge sharing and 0:00:27.200 --> 0:00:30.560 the storytelling of you to make a difference for today 0:00:31.040 --> 0:00:32.599 and lasting impact for tomorrow. 0:00:33.280 --> 0:00:34.120 Let's get into it. 0:00:34.760 --> 0:00:38.960 She's on the Money, She's on the Money. 0:00:57.760 --> 0:01:01.240 Hello, and welcome to She's on Money, the podcast for 0:01:01.320 --> 0:01:05.240 millennials who want financial freedom. Today is Friday My Loves, 0:01:05.240 --> 0:01:07.280 which means it is time to sit back with the 0:01:07.319 --> 0:01:10.200 girls and a bev in hand so we can unpack 0:01:10.240 --> 0:01:12.480 our favorite moments of the week. And of course we 0:01:12.520 --> 0:01:15.679 are also going to be celebrating you how incredible She's 0:01:15.720 --> 0:01:18.200 on the Money community. As always, we are going to 0:01:18.240 --> 0:01:20.679 be sharing our favorite money wins. We're going to discuss 0:01:20.720 --> 0:01:22.960 what's making news in the finance world, and we're going 0:01:23.000 --> 0:01:25.000 to be helping to answer a very juicy money question, 0:01:25.040 --> 0:01:27.839 which is all about the indexation rate of our help 0:01:27.920 --> 0:01:30.679 debt this week. But first it is time to recap 0:01:30.680 --> 0:01:32.680 the week it was miss Jess Grici, what happened to 0:01:32.760 --> 0:01:33.400 money Diaries? 0:01:33.600 --> 0:01:37.039 Monday's episode went out to all of our below Deck fans, 0:01:37.120 --> 0:01:38.640 like Victoria Divino. 0:01:38.760 --> 0:01:40.000 I'm the biggest below Deck fan. 0:01:40.280 --> 0:01:42.840 We spoke to a girl who moved to France to 0:01:42.840 --> 0:01:45.240 be a yochti for Amazing and she was telling us 0:01:45.319 --> 0:01:47.520 all about what the experience was like living on a 0:01:47.520 --> 0:01:50.840 super yoch working for the richest of the rich, giving 0:01:50.920 --> 0:01:53.040 us little insight into what that was like. Turns out, 0:01:53.160 --> 0:01:56.040 when you own a superyocht, expectations are high. Yeah, as 0:01:56.080 --> 0:01:57.600 you would kind of imagine. 0:01:57.720 --> 0:02:01.800 I mean, you're serving billionaires. It was staled. We asked 0:02:01.800 --> 0:02:04.000 her so many perfect questions as well, and like did 0:02:04.000 --> 0:02:05.520 she get along with the family. He's still friends with 0:02:05.520 --> 0:02:07.840 a family, And when you try and marry their son. 0:02:07.920 --> 0:02:09.560 I didn't ask her that, but I should have. 0:02:09.960 --> 0:02:12.400 Like she should see, yeah, one hundred percent, that's ubillia 0:02:12.400 --> 0:02:13.080 to marry into it. 0:02:13.400 --> 0:02:16.120 Marry into it. That is the crux of this podcast. 0:02:16.520 --> 0:02:19.480 The outcome of how to Create Financial Freedom is actually 0:02:19.520 --> 0:02:22.240 just marrying rich. Absolutely, man, we think of that? Why 0:02:22.240 --> 0:02:24.640 has she done so many? Yeah? Exactly, man, is a 0:02:24.639 --> 0:02:27.320 financial plan all of that. It's genius. It's genius. All right, 0:02:27.400 --> 0:02:30.000 let's roll it on, g King, No more marrying rich. 0:02:30.280 --> 0:02:32.760 What happened on Wednesday? Because we are actually trying to 0:02:32.919 --> 0:02:34.680 educate you to not rely on. 0:02:34.639 --> 0:02:36.000 That exactly right. 0:02:36.040 --> 0:02:39.280 So on Wednesday, ladies, we spoke about the five finance 0:02:39.320 --> 0:02:41.280 books that will change your life. 0:02:41.280 --> 0:02:43.560 So we took this one of my favorite things ever 0:02:43.680 --> 0:02:47.000 to record, really only because I love talking about the 0:02:47.000 --> 0:02:48.920 books I read, and I feel like you gave me 0:02:49.040 --> 0:02:50.079 the perfect platform. 0:02:50.240 --> 0:02:52.119 Well, there were a lot of good ones in there, 0:02:52.160 --> 0:02:54.519 but what kind of what I got out of it 0:02:54.600 --> 0:02:57.760 was that all of these books, apart from one, were 0:02:57.800 --> 0:03:01.080 about fifty to like seventy years old, and that really 0:03:01.120 --> 0:03:05.120 told us that the finance essentials kind of don't change, 0:03:05.520 --> 0:03:07.079 like the rules are the same. 0:03:07.639 --> 0:03:09.440 I mean, I wish I could pretend that I had 0:03:09.520 --> 0:03:12.160 coined that compound interest. Can you imagine? It could be 0:03:12.160 --> 0:03:15.959 called Victoria interest perfect and it's like the best kind. 0:03:16.400 --> 0:03:17.400 Sadly it is not. 0:03:17.320 --> 0:03:18.480 True divine interests. 0:03:21.720 --> 0:03:23.480 That's why I want to do a PhD one day, 0:03:23.680 --> 0:03:26.480 Like My goal is to one day study a PhD 0:03:26.720 --> 0:03:28.760 so I can become a doctor. So my name would 0:03:28.800 --> 0:03:32.400 be doctor Divine. And I just think that flows really nicely. 0:03:32.639 --> 0:03:35.200 But to make it easier, if there's any universities out 0:03:35.200 --> 0:03:37.000 there that want to give me one of those ornorary 0:03:37.080 --> 0:03:39.600 doctorates that they sometimes hand out to people who do 0:03:40.080 --> 0:03:43.000 a lot, which I haven't done, I'll take one for 0:03:43.040 --> 0:03:44.880 the team. Perfect, I'll take one for the team because 0:03:44.880 --> 0:03:47.360 I would love to call myself doctor Divine. Imagine getting 0:03:47.400 --> 0:03:50.160 to get on a play dem oh no, don't downplay 0:03:50.200 --> 0:03:52.280 it like that. Imagine getting to get on a plane 0:03:52.280 --> 0:03:53.840 and be like, no, I am a doctor on board, 0:03:53.880 --> 0:03:55.320 and they'll be like, oh, what kind I'd be like, oh, 0:03:55.440 --> 0:03:57.400 just honorary. I can't help you if anyone's in trust 0:03:57.440 --> 0:03:59.360 you with your finance. Yeah, it can help you out 0:03:59.360 --> 0:04:02.040 with your finances. That's all I've got. Speaking of doctors, 0:04:02.160 --> 0:04:05.760 you know what doctors have sometimes budget direct money wins. 0:04:05.840 --> 0:04:06.440 Yeah, good one. 0:04:06.560 --> 0:04:09.320 Sometimes doctors have money wins. And that is how we 0:04:09.360 --> 0:04:13.000 are going to segue today into our money win segment. 0:04:13.160 --> 0:04:15.120 Georgia King, what have you got this week? 0:04:15.280 --> 0:04:17.479 Let's do it, ladies. Okay, So the first win from 0:04:17.520 --> 0:04:19.120 today comes from Christie. 0:04:19.400 --> 0:04:19.960 Money win. 0:04:20.240 --> 0:04:22.760 I nearly fell over when I saw my gas bill 0:04:22.880 --> 0:04:26.159 this month. Can relate lucky, she's the doctor. No, well 0:04:26.560 --> 0:04:30.159 that'll come. Yes, So I know gas prices have increased, 0:04:30.160 --> 0:04:33.200 but my bill was up five hundred percent on last month. 0:04:33.279 --> 0:04:34.320 Five hundred percent. 0:04:34.520 --> 0:04:38.120 That's a lot of percent, surely not. I called my provider, 0:04:38.360 --> 0:04:41.599 Globird in Brackets, who confirmed that the meter read hadn't 0:04:41.640 --> 0:04:43.760 been conducted by the gas wholesaler this month, and the 0:04:43.760 --> 0:04:45.400 bill was just based on an estimation. 0:04:45.600 --> 0:04:49.279 Oh yeah, I estimated, yes, five more, Jess, because I 0:04:49.279 --> 0:04:50.640 couldn't read your meeting. 0:04:51.920 --> 0:04:52.400 A joke. 0:04:52.560 --> 0:04:55.320 They immediately canceled the bill. They can to supply a 0:04:55.320 --> 0:04:57.479 photo of the meter, and then reissued her bill for 0:04:57.520 --> 0:05:00.599 the actual read. Super helpful customer service said they were great, 0:05:00.600 --> 0:05:02.200 and she got her bill back on budget. 0:05:02.279 --> 0:05:03.920 I'm with glober and I'm waiting for my gas bill. 0:05:03.960 --> 0:05:09.600 So my gas Yeah, that's a lot. That's actually a lot. 0:05:09.720 --> 0:05:12.200 Good reminder though, that that is very normal at the moment, 0:05:12.240 --> 0:05:12.560 isn't it. 0:05:12.640 --> 0:05:13.520 Yeah. 0:05:13.600 --> 0:05:15.840 I don't like that estimation. That just feels a little 0:05:15.839 --> 0:05:17.840 bit savage. What is the next money win? 0:05:17.920 --> 0:05:18.120 Gie? 0:05:18.240 --> 0:05:18.720 The next win? 0:05:18.760 --> 0:05:21.640 It comes from Emily money win. I asked my boss 0:05:21.640 --> 0:05:24.160 for a raise to reflect my experience and value to 0:05:24.200 --> 0:05:27.600 the business approaching my one year work adversary, and he 0:05:27.640 --> 0:05:30.239 agreed and is going to discuss it with the executive director. 0:05:30.440 --> 0:05:32.560 So I should hopefully be earning a little bit more 0:05:32.560 --> 0:05:35.039 in a few days. I would never have had the 0:05:35.080 --> 0:05:37.200 courage or knowledge to know I could even do this 0:05:37.240 --> 0:05:40.000 without this podcast. So thank you for empowering me to 0:05:40.040 --> 0:05:42.640 ask for what I deserve. Always ask for what you deserve. 0:05:42.760 --> 0:05:44.400 You are doing the work, get it. 0:05:44.480 --> 0:05:46.320 I love it. I love it so much. It makes 0:05:46.320 --> 0:05:47.040 my heart so full. 0:05:47.279 --> 0:05:50.359 The next win comes from Angie, biggest money win of 0:05:50.400 --> 0:05:53.920 my life. I submitted my last assessment for my degree 0:05:54.000 --> 0:05:58.080 on the weekend. Congratulations Angie, and I've been offered a 0:05:58.080 --> 0:06:00.640 new role in line with my new qualification. That means 0:06:00.640 --> 0:06:03.800 an extra eleven dollars an hour. That's fanatic lot. 0:06:03.880 --> 0:06:05.120 That's going to add up real quick. 0:06:05.200 --> 0:06:05.600 Qick mass. 0:06:05.600 --> 0:06:08.520 That's eighty eight dollars a day, times up by Fridays. 0:06:08.760 --> 0:06:10.599 I'm done four hundred and. 0:06:10.760 --> 0:06:12.960 Did you see your faced jo I was on a 0:06:13.040 --> 0:06:16.560 roll at the start. You were really confident, but then 0:06:16.600 --> 0:06:18.719 you looked at me. You looked at me, and you 0:06:18.760 --> 0:06:21.360 were like save me. And I was like, ah, not today, sir, 0:06:21.480 --> 0:06:23.840 not today. You were four four hundred and. 0:06:23.920 --> 0:06:26.680 Four forty you are, so let's times up by fifty two? 0:06:26.920 --> 0:06:30.680 Is that twenty two eight eighty dollars before? 0:06:32.680 --> 0:06:33.080 Exactly? 0:06:33.560 --> 0:06:36.000 You know what? Nobody asked you to get involved, miss 0:06:36.200 --> 0:06:37.760 h what's the next money? 0:06:37.800 --> 0:06:39.520 The medal of the story is well done, aie. The 0:06:39.560 --> 0:06:42.320 next money win comes from Maddie. I guess this could 0:06:42.360 --> 0:06:44.200 be a win or a loss, depending on how you 0:06:44.240 --> 0:06:48.240 look at it, little sweaty face. I finance for a 0:06:48.279 --> 0:06:52.400 home loan, got approved the last couple of years to 0:06:52.400 --> 0:06:54.359 be able to buy my first home at twenty six, 0:06:54.680 --> 0:06:56.200 and I'm so proud of myself. 0:06:56.560 --> 0:06:59.920 So money, that's a big money win, but also a 0:07:00.080 --> 0:07:03.719 money loss. Absolutely, it's financial freedom, my friends. 0:07:03.800 --> 0:07:06.680 Yeah, that's good debt baby. The next wind comes from 0:07:06.720 --> 0:07:09.600 a lease. I accidentally let seventy five dollars of Country 0:07:09.640 --> 0:07:13.320 Road rewards vouchers lapse. I called them and are annoying 0:07:13.440 --> 0:07:16.280 nicely if they would reinstate them. The lady was so 0:07:16.400 --> 0:07:18.360 nice she put them back on my account and gave 0:07:18.360 --> 0:07:20.480 me an extra month in case I forgot again. If 0:07:20.520 --> 0:07:24.480 you don't ask you get a queen's everything to do that. 0:07:24.480 --> 0:07:26.680 That's so much money as well, Like you could get 0:07:26.680 --> 0:07:28.360 like a whole top, or like a pair of pants 0:07:28.440 --> 0:07:30.640 or something for that. Absolutely a lot of money. 0:07:30.760 --> 0:07:33.000 We love it. The next win comes from Meg. 0:07:33.200 --> 0:07:37.240 I got my private health cover renewed today. Now instead 0:07:37.240 --> 0:07:40.000 of thirteen hundred dollars a year, I'm only paying three 0:07:40.040 --> 0:07:42.400 hundred and eighty one dollars a year. She just got 0:07:42.440 --> 0:07:44.280 rid of all the things she didn't need us. 0:07:45.200 --> 0:07:46.760 She's doing the work for all of us. Say we 0:07:46.760 --> 0:07:48.960 should do that, we don't do it exactly right, smart 0:07:49.000 --> 0:07:53.080 baby like Meg. Next week it comes from Rose money win. 0:07:53.200 --> 0:07:55.320 I booked tickets to go to Melbourne for a family 0:07:55.440 --> 0:07:58.120 holiday to celebrate my dad's at seventieth. It was a 0:07:58.120 --> 0:08:00.640 massive moment for me as we booked without own savings 0:08:00.680 --> 0:08:01.800 and not with a credit card. 0:08:01.880 --> 0:08:03.640 I can't remember the last time we did that. I'm 0:08:03.680 --> 0:08:04.320 so so happy. 0:08:04.400 --> 0:08:05.680 That's actually so sweet. 0:08:05.760 --> 0:08:07.760 Yeah, sorry about the weather down here. 0:08:07.560 --> 0:08:10.480 Though, roast ferocious. 0:08:10.800 --> 0:08:13.400 The final win of today, Ladies comes from Beck. I 0:08:13.480 --> 0:08:16.360 have been working my butt off saving for a house deposit, 0:08:16.400 --> 0:08:18.720 and I hit the twenty thousand dollar mark this week. 0:08:18.920 --> 0:08:20.880 I'm on track to have thirty thousand dollars by the 0:08:20.920 --> 0:08:23.239 end of the year. And I'm so very proud of myself. 0:08:23.280 --> 0:08:26.240 Oh we're proud of it too. How good. What a 0:08:26.280 --> 0:08:28.520 good place to leave at Georgia King Just so much. 0:08:28.600 --> 0:08:30.840 Unfortunately that is all we have time for when it 0:08:30.880 --> 0:08:33.439 comes to money wins. It has been so good celebrating 0:08:33.440 --> 0:08:35.920 some of your budget direct money wins for reward winning 0:08:35.920 --> 0:08:40.360 insurance search budget Direct, Budget Direct Insurance Solved. Now let's 0:08:40.400 --> 0:08:42.160 go to a breaks. I want to talk about Hex 0:08:42.240 --> 0:08:45.200 later and Jess, you've also found a juicy segment to 0:08:45.240 --> 0:08:49.000 talk about that really benefits our frontline healthcare workers. It 0:08:49.040 --> 0:08:49.600 sure does. 0:08:49.679 --> 0:08:50.480 Don't go anywhere. 0:08:54.160 --> 0:08:56.200 All right, we are back and this week we are 0:08:56.240 --> 0:08:58.560 going to be talking about what are we talking about, Jess, 0:08:58.559 --> 0:09:01.000 because you haven't shared it with anybody here on the pod, 0:09:01.160 --> 0:09:02.480 just you. You've just been hoarding this. 0:09:02.800 --> 0:09:04.959 I like to hold the information, but I know, just kidding, 0:09:04.960 --> 0:09:07.240 no gatekeeping here. There's going to be a one off 0:09:07.280 --> 0:09:10.280 payment of three thousand dollars for health workers. 0:09:10.360 --> 0:09:12.520 I knew that, So what are you gatekeeping? Nothing? 0:09:12.559 --> 0:09:14.960 We're sharing that information right now, Okay, all right, right. 0:09:15.000 --> 0:09:17.679 I think it's super nice because as we have said 0:09:17.720 --> 0:09:21.920 on this podcast before our frontline workers across multiple industries 0:09:21.960 --> 0:09:24.720 over the course of COVID quite literally put their bodies 0:09:24.760 --> 0:09:27.440 on the line, like they are pulling quadruple shifts, they 0:09:27.440 --> 0:09:30.360 are working long hours, they're dealing with cranky people. They 0:09:30.360 --> 0:09:33.440 were at a high, high, high risk of exposure to COVID, 0:09:33.679 --> 0:09:35.760 and I think it's really lovely that that we're doing 0:09:35.840 --> 0:09:38.080 something to acknowledge that. So it's a one off payment 0:09:38.120 --> 0:09:40.760 of three thousand dollars and the new South Wales Premier 0:09:40.800 --> 0:09:44.440 Dominic Perrete said that it's a gesture of appreciation for 0:09:44.480 --> 0:09:46.600 all of our health workers for the sacrifices and the 0:09:46.640 --> 0:09:49.280 efforts that they have made since the pandemic began, which 0:09:49.920 --> 0:09:52.960 really important. Are there other industries I would like to 0:09:52.960 --> 0:09:55.840 see this roll out across, Yes, yes, because it's everywhere 0:09:56.000 --> 0:09:58.560 other services industries that had just as hard of a 0:09:58.600 --> 0:10:00.600 slog I think. But I want to talk to v 0:10:00.760 --> 0:10:03.079 because I mean, on face Valu you go, oh my god, 0:10:03.120 --> 0:10:05.439 three grand I know what I could do with three grand? 0:10:05.480 --> 0:10:09.360 Oh, I definitely know. I absolutely know it is not productive. 0:10:09.400 --> 0:10:11.120 So we're not sharing it on the podcast because that 0:10:11.120 --> 0:10:12.280 would make me look silly. 0:10:12.920 --> 0:10:15.160 So we've eat three thousand dollars lots of cash. 0:10:15.160 --> 0:10:15.439 Holder. 0:10:15.480 --> 0:10:17.840 That's amazing, but it's a huge amount to receive all 0:10:17.880 --> 0:10:21.920 at once. What would your advice be, your non specific 0:10:22.160 --> 0:10:23.599 general advice. 0:10:23.880 --> 0:10:26.640 Are we giving advice to the state premiers or are 0:10:26.679 --> 0:10:31.440 we giving advice to the to the frontline work workers 0:10:31.520 --> 0:10:33.600 receiving this. Then I come back to that first point. 0:10:33.760 --> 0:10:37.160 I'll give the former advice later or ladder that I'm 0:10:37.200 --> 0:10:40.520 just confusing everybody in. Else, I would just make sure 0:10:40.559 --> 0:10:42.560 that when it comes in, you are doing something really 0:10:42.559 --> 0:10:46.040 constructive with it. Whether it is paying off debt fantastic, 0:10:46.160 --> 0:10:48.200 it is putting it away for a rainy day. If 0:10:48.240 --> 0:10:50.760 you don't have an emergency fund, bam, you're now in 0:10:50.800 --> 0:10:53.480 the position of control. I just think we really need 0:10:53.480 --> 0:10:56.360 to be making the most of these lumps some payments 0:10:56.400 --> 0:10:59.679 in saying that, I think this is fantastic and we 0:10:59.760 --> 0:11:02.480 are so excited about it. But the question that I 0:11:02.520 --> 0:11:05.240 would raise is this a band aid solution to a 0:11:05.280 --> 0:11:08.679 more long term solution. We already know that our frontline 0:11:08.760 --> 0:11:12.079 healthcare workers are I would argue, underpaid for what they do. 0:11:12.440 --> 0:11:14.720 Not only are they putting their lives at risk, but 0:11:14.760 --> 0:11:17.600 they literally put their families at risk. Every day. Like, 0:11:17.760 --> 0:11:21.120 think about COVID. The amount of nurses that I knew 0:11:21.200 --> 0:11:23.280 that were going to work that were sneaking in the 0:11:23.320 --> 0:11:25.440 back door so that they could strip out of their 0:11:25.480 --> 0:11:28.600 COVID gear and into a spare bedroom, not seeing their 0:11:28.640 --> 0:11:30.680 families so they could go and look after the community 0:11:30.720 --> 0:11:33.320 instead of their own families was insane. And then that's 0:11:33.360 --> 0:11:35.600 worth three grant. Like, I don't know, it's not not 0:11:35.800 --> 0:11:38.280 worth it. It's absolutely a step in the right direction, 0:11:38.440 --> 0:11:41.199 But I think we need to be looking at increasing 0:11:41.200 --> 0:11:43.880 their pay significantly, because if we look at it across 0:11:43.960 --> 0:11:46.840 the board, like anything less than a five point one 0:11:46.880 --> 0:11:50.960 percent pay increase this year for frontline healthcare workers is 0:11:51.000 --> 0:11:52.880 not putting them in line with inflation. 0:11:53.559 --> 0:11:56.040 Interesting you say that, because they actually in line with 0:11:56.120 --> 0:11:58.480 this grant that they're giving out. Also announced they had 0:11:58.520 --> 0:12:01.600 agreed to lift the cap on wages to three percent 0:12:01.679 --> 0:12:05.080 this year, increasing to a possible three point five next year. 0:12:05.240 --> 0:12:07.240 Yeah. I think it's really important that they're doing that. 0:12:07.320 --> 0:12:10.080 But if we then look at inflation, they're basically making 0:12:10.120 --> 0:12:11.880 less money than they were last year based on the 0:12:11.880 --> 0:12:14.760 costs of goods and services. Yeah, So I just I 0:12:14.840 --> 0:12:17.680 feel really pressed. You could say when it comes to 0:12:17.720 --> 0:12:19.840 frontline healthcare workers, because I just don't think you guys 0:12:19.840 --> 0:12:21.959 are getting the rap that you deserve, like you are 0:12:22.080 --> 0:12:25.840 so special. Like imagine waking up every day and going, 0:12:25.920 --> 0:12:27.960 I'm gonna go put other people in a better position. 0:12:28.000 --> 0:12:29.840 I'm gonna put myself at risk to look after you. 0:12:29.960 --> 0:12:32.560 I'm putting my mental health, my physical health, my everything 0:12:32.559 --> 0:12:34.839 to the sidelines so I can look after people who 0:12:34.840 --> 0:12:37.560 are arguably coming into emergency. Like look at some of 0:12:37.559 --> 0:12:41.240 my girlfriends who are emergency nurses. They get yelled at. 0:12:41.480 --> 0:12:43.679 One of them a couple of weeks ago, got spat on. 0:12:44.240 --> 0:12:47.080 One of them, has been literally abused. I've got a 0:12:47.240 --> 0:12:50.360 doctor friend who's been punched in the face, Like what 0:12:50.440 --> 0:12:52.800 the hell? And you guys are like, oh, here's three grand. 0:12:53.000 --> 0:12:55.040 How about we actually put your wages in line with 0:12:55.080 --> 0:12:57.559 inflation to make sure that you guys, who are the 0:12:58.240 --> 0:13:01.200 pillars of our society arg you're like, where were we 0:13:01.240 --> 0:13:04.360 when COVID happened? Who was carrying the entire country? Oh? 0:13:04.640 --> 0:13:08.079 Healthcare workers, why aren't they being put in better situations? 0:13:08.280 --> 0:13:10.480 I get real pressed about this as well. People were 0:13:10.480 --> 0:13:13.520 talking on TikTok about how policemen get a fifty percent 0:13:13.559 --> 0:13:17.280 discount at McDonald's. Not why I don't our frontline healthcare 0:13:17.280 --> 0:13:22.199 workers get fifty percent. Nope, I would urge all McDonald's 0:13:22.200 --> 0:13:26.480 employees to just hit that little like free time they 0:13:26.520 --> 0:13:29.040 have a nurse or a doctor or somebody who's just 0:13:29.080 --> 0:13:31.600 wearing scrubs come through the drive through, because Lord knows 0:13:31.600 --> 0:13:34.319 they need that caffeine absolutefully. It should be free. 0:13:34.400 --> 0:13:37.920 It's probably also worth noting the percentage of women that 0:13:38.040 --> 0:13:40.680 are nurses. I've just put up a stat and it's 0:13:40.760 --> 0:13:42.199 almost ninety percent. 0:13:43.320 --> 0:13:46.360 So are we surprised, No, we're not surprised. I just 0:13:46.520 --> 0:13:48.640 I really want to rally for the people who in 0:13:48.679 --> 0:13:51.840 our community are doing good and being good and being 0:13:51.840 --> 0:13:54.920 those pillars of society because you do so much good 0:13:54.960 --> 0:13:58.559 work and you work so hard for little to no recognition. 0:13:58.800 --> 0:14:01.920 I think it's heartbreaking seeing you know, even in our community, 0:14:01.960 --> 0:14:04.720 because Jess, you're on DMS, I slide into DMS a 0:14:04.760 --> 0:14:07.160 fair bit, and we talk to our community so often, 0:14:07.160 --> 0:14:10.240 and so many of you are really questioning your job 0:14:10.480 --> 0:14:12.800 and questioning whether you want to continue being a nurse 0:14:12.880 --> 0:14:16.160 or continue being a doctor, because it's actually just so taxing. 0:14:16.640 --> 0:14:18.760 Like a couple of my girlfriends are thinking about getting 0:14:18.760 --> 0:14:20.840 out of it because they just can't keep up, Like 0:14:20.880 --> 0:14:23.480 they're mentally and physically burnt out because all they do 0:14:23.560 --> 0:14:25.600 is double shifts, and it's like, why are we not 0:14:25.680 --> 0:14:28.320 treating these people so well? But then I get on 0:14:28.360 --> 0:14:30.720 LinkedIn and we look at corporate and they're like, oh 0:14:30.720 --> 0:14:32.960 my gosh, So imagine if we went down to a 0:14:33.000 --> 0:14:35.280 four day work week and these corporate who has are 0:14:35.320 --> 0:14:38.480 jumping up and down pretending like they're so hard done by, 0:14:38.840 --> 0:14:42.880 And I feel so entirely privileged and entitled, right because 0:14:42.960 --> 0:14:45.240 I we're not corporate, are we? Just what would we 0:14:45.280 --> 0:14:49.000 call us? We like a podcasting business, so a little bit, yeah, 0:14:49.000 --> 0:14:52.160 we medium es central. No, it's absolutely not essential, but 0:14:52.240 --> 0:14:55.440 it's also so flexible, and we have that flexibility where 0:14:55.480 --> 0:14:57.600 you know, I was sick the other week, so you 0:14:57.640 --> 0:14:59.680 guys carried it for me and made sure it happened 0:14:59.720 --> 0:15:02.840 and I was not stressed, Whereas a nurse calls in 0:15:02.880 --> 0:15:04.520 sick and they're like, you better get a sick certificate 0:15:04.520 --> 0:15:06.600 because we're not sure if we believe you. Like what, 0:15:07.120 --> 0:15:08.120 that's disgusting. 0:15:08.520 --> 0:15:11.200 So I just have a lot to say about this 0:15:11.280 --> 0:15:14.600 topic and don't forget there is a state election coming. 0:15:14.720 --> 0:15:17.320 You know what that means. People want your votes, and 0:15:17.560 --> 0:15:20.000 you know what politicians exploit us. 0:15:20.400 --> 0:15:21.840 Why they're back. 0:15:22.000 --> 0:15:22.280 Yeah. 0:15:22.400 --> 0:15:23.600 So if there's something. 0:15:23.280 --> 0:15:26.360 That you do really want to advocate change for, if anything, 0:15:26.560 --> 0:15:29.080 now is the time to be getting a little bit vocal. 0:15:29.120 --> 0:15:31.400 And I think if enough people kind of said, hey, 0:15:32.120 --> 0:15:34.640 let's celebrate those people who really copped it on the 0:15:34.720 --> 0:15:36.920 chin during lockdown while the rest of us got to 0:15:36.960 --> 0:15:40.040 work from home and give them something as a thank you, 0:15:40.040 --> 0:15:42.080 because I really do think that they deserve. 0:15:41.800 --> 0:15:44.680 It one hundred percent. The other thing I wanted to say, 0:15:44.920 --> 0:15:46.840 which is just like based on stats, you said, what 0:15:46.880 --> 0:15:49.360 if one in ten people like, be the one in ten? 0:15:49.600 --> 0:15:51.240 Because if you're the one in ten and you're listening 0:15:51.320 --> 0:15:53.560 to this podcast and that actually converts, that's more than 0:15:53.560 --> 0:15:56.080 one hundred thousand letters that will go out incredible, Like 0:15:56.160 --> 0:15:58.840 what can you imagine? I just I also think that 0:15:58.920 --> 0:16:02.280 this segment has been really important. I hope for frontline 0:16:02.320 --> 0:16:05.600 workers to I guess here as well, that people who 0:16:05.600 --> 0:16:08.720 aren't in politics really appreciate what you're doing. Our community 0:16:08.800 --> 0:16:11.080 is so in love with you guys, and we so 0:16:11.200 --> 0:16:13.800 appreciate the time and energy and effort that you put 0:16:13.840 --> 0:16:17.800 into your jobs, because it takes a very special person 0:16:17.880 --> 0:16:21.120 to always put others first. Yeah, and that sounds, you know, 0:16:21.680 --> 0:16:26.480 very fluffy, But I can't do it. I mean I try, 0:16:26.920 --> 0:16:29.440 but I definitely could not put in as much time, 0:16:29.560 --> 0:16:31.440 energy and effort as a nurse or a doctor or 0:16:31.480 --> 0:16:33.000 anyone working in that industry. 0:16:33.040 --> 0:16:35.560 Cam No, And that goes out to everybody who kind 0:16:35.560 --> 0:16:38.440 of kept plugging along during lockdown. And again, if you 0:16:38.480 --> 0:16:40.080 do want to see change in that space, and if 0:16:40.080 --> 0:16:42.520 you do want to see our services industries recognized in 0:16:42.560 --> 0:16:44.480 the way that they deserve, get on the phone, get 0:16:44.520 --> 0:16:46.520 on the emails, do a little type you type were 0:16:46.560 --> 0:16:48.240 also quick these days, you could fire it off in 0:16:48.280 --> 0:16:51.119 less than five minutes and potentially make real change. 0:16:51.440 --> 0:16:54.040 Already, guys, on that note, I think it is time 0:16:54.120 --> 0:16:56.160 for a little money dilemma hit plagy. 0:16:58.240 --> 0:16:59.360 Hi there have you. 0:16:59.280 --> 0:17:01.600 Got up money to Lemma? You just can't solve the 0:17:01.640 --> 0:17:04.400 Sheese on the Money team is here to help. Every week, 0:17:04.480 --> 0:17:07.080 we tackle your dilemmas, both big and small, to answer 0:17:07.080 --> 0:17:11.200 your most burning money, career and life questions. To get involved, 0:17:11.240 --> 0:17:13.240 simply head to our website and leave us a quick 0:17:13.280 --> 0:17:16.240 voice recording and you may just find yourself on the show. Now, 0:17:16.359 --> 0:17:19.840 let's take a listen to today's money dilemma. 0:17:20.119 --> 0:17:23.360 How can we best manage the new help loan three 0:17:23.400 --> 0:17:27.679 point nine percent indexation rate? Because it used to be 0:17:27.800 --> 0:17:30.359 much lower and it was always told sorry about it 0:17:30.359 --> 0:17:32.879 as it was the safest point to have, and now 0:17:33.680 --> 0:17:37.199 having other debts and credits as well, how is it 0:17:37.320 --> 0:17:40.520 best to be paid? Should we up our payments on 0:17:40.560 --> 0:17:42.560 it or make a big repayment? What should we do? 0:17:43.119 --> 0:17:45.240 Okay, this is a really good question because I think 0:17:45.280 --> 0:17:48.080 so many people are super stressed about what this will 0:17:48.119 --> 0:17:50.679 mean for their cash flow. And to summarize it, it 0:17:50.720 --> 0:17:53.000 doesn't actually mean anything for your cash flow. Just because 0:17:53.040 --> 0:17:55.720 the interest rate or the index sction rate has increased 0:17:55.800 --> 0:17:58.399 doesn't mean that your repayment amounts are going to change 0:17:58.440 --> 0:18:00.919 it all. In fact, the repayment amount for twenty twenty 0:18:01.080 --> 0:18:03.840