1 00:00:00,680 --> 00:00:04,920 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr 2 00:00:04,960 --> 00:00:08,680 Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before 3 00:00:08,680 --> 00:00:11,160 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,160 --> 00:00:14,319 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,400 --> 00:00:17,680 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,120 --> 00:00:22,240 Speaker 1: acknowledging the elders, the ancestors and the next generation coming 7 00:00:22,320 --> 00:00:26,960 Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing 8 00:00:27,080 --> 00:00:30,120 Speaker 1: and the storytelling of you to make a difference for 9 00:00:30,240 --> 00:00:32,640 Speaker 1: today and lasting impact for tomorrow. 10 00:00:33,320 --> 00:00:34,120 Speaker 2: Let's get into it. 11 00:00:34,760 --> 00:00:54,040 Speaker 3: She's on the Money, She's on the Money. 12 00:00:58,680 --> 00:01:01,720 Speaker 2: Hello, and welcome to She's on the Money the podcast 13 00:01:01,880 --> 00:01:05,640 Speaker 2: Millennials who want financial freedom. Welcome back to another one 14 00:01:05,680 --> 00:01:08,520 Speaker 2: of our money daries where I get the absolute pleasure 15 00:01:08,560 --> 00:01:10,440 Speaker 2: of sitting down with one of our She's on the 16 00:01:10,440 --> 00:01:14,319 Speaker 2: Money community members and learning all about their journey. Let's 17 00:01:14,360 --> 00:01:16,600 Speaker 2: jump straight into it, because this week I got a 18 00:01:16,600 --> 00:01:20,600 Speaker 2: message and it sounded like this, Hi V. I've gone 19 00:01:20,640 --> 00:01:23,800 Speaker 2: from a terrible relationship with money and a huge life 20 00:01:23,800 --> 00:01:27,160 Speaker 2: setback which meant time off work and going broke, to 21 00:01:27,240 --> 00:01:30,120 Speaker 2: turning around my whole life and money story with She's 22 00:01:30,160 --> 00:01:32,479 Speaker 2: on the money, I'm well on the way to paying 23 00:01:32,480 --> 00:01:36,480 Speaker 2: off my debts, I'm engaged, and the future looks so bright. 24 00:01:36,880 --> 00:01:39,560 Speaker 2: I wanted to share this with you and our community 25 00:01:39,840 --> 00:01:40,720 Speaker 2: money diarrest. 26 00:01:40,880 --> 00:01:43,960 Speaker 4: Congrats, thank you. How exciting. 27 00:01:43,959 --> 00:01:45,280 Speaker 2: I want to know a little bit more about the 28 00:01:45,360 --> 00:01:48,560 Speaker 2: engagement though, because I love love. How long have you 29 00:01:48,600 --> 00:01:49,280 Speaker 2: been engaged? 30 00:01:49,400 --> 00:01:51,560 Speaker 4: About a year and a half now, so. 31 00:01:51,600 --> 00:01:53,680 Speaker 2: Not even that long. Are we planning a wedding or 32 00:01:53,760 --> 00:01:55,080 Speaker 2: not yet? What's the plan? 33 00:01:55,320 --> 00:01:59,280 Speaker 4: Absolutely? We are so. At first we weren't sure how 34 00:01:59,320 --> 00:02:01,200 Speaker 4: we were going to pull it off. But since I've 35 00:02:01,200 --> 00:02:04,960 Speaker 4: got my money somewhat on track, we are planning on 36 00:02:05,440 --> 00:02:07,440 Speaker 4: eloping next year. 37 00:02:07,760 --> 00:02:09,359 Speaker 2: Oh my gosh, I love that. And I just got 38 00:02:09,360 --> 00:02:13,800 Speaker 2: a little glimpse of your gorgeous pair ring. Yes please, 39 00:02:14,440 --> 00:02:17,120 Speaker 2: let's do a money diary, though, and let's start it 40 00:02:17,160 --> 00:02:19,800 Speaker 2: the way I always do money diarist. What grade would 41 00:02:19,800 --> 00:02:21,440 Speaker 2: you give your money habits if I asked you to 42 00:02:21,480 --> 00:02:23,520 Speaker 2: give them a grade from A through to F. 43 00:02:23,960 --> 00:02:27,480 Speaker 4: At the moment, I would give myself a C. That 44 00:02:27,560 --> 00:02:30,320 Speaker 4: has actually come a long way. Just a few months ago, 45 00:02:30,480 --> 00:02:33,280 Speaker 4: I probably would have been like an F minus. 46 00:02:33,280 --> 00:02:36,160 Speaker 2: An F minus it's not being harsh on yourself at all. 47 00:02:36,280 --> 00:02:39,040 Speaker 4: But it's still just at a c because I know 48 00:02:39,120 --> 00:02:40,960 Speaker 4: that I've got a long way to go, but. 49 00:02:41,000 --> 00:02:42,959 Speaker 2: You're on the way and you're excited about it, and 50 00:02:43,040 --> 00:02:46,040 Speaker 2: I'm excited about it, So let's learn more about it. 51 00:02:46,120 --> 00:02:48,480 Speaker 2: Tell me a bit more about your money story. 52 00:02:48,760 --> 00:02:52,120 Speaker 4: Okay, So as a kid, I grew up in a 53 00:02:52,160 --> 00:02:58,040 Speaker 4: pretty comfortable household. My parents have always been amazing with money. However, 54 00:02:58,120 --> 00:03:02,880 Speaker 4: I did not inherit that gene. They've always been very 55 00:03:02,960 --> 00:03:05,760 Speaker 4: low incomeme owners but been really really good at saving. 56 00:03:06,440 --> 00:03:09,440 Speaker 4: And I'm also an only child, so I never felt 57 00:03:09,480 --> 00:03:12,200 Speaker 4: like I was missing out on anything. When I got 58 00:03:12,200 --> 00:03:14,360 Speaker 4: my pocket money and stuff, I could never save it, 59 00:03:14,440 --> 00:03:16,440 Speaker 4: like I would be out at the shops the next 60 00:03:16,520 --> 00:03:19,880 Speaker 4: day buying potato scallops most of the time. 61 00:03:20,320 --> 00:03:22,000 Speaker 2: But I mean, I'm going to start a fight with 62 00:03:22,040 --> 00:03:23,920 Speaker 2: you later about the sea, but we can also start 63 00:03:23,919 --> 00:03:26,160 Speaker 2: a fight between calling it a potato scollop or a 64 00:03:26,160 --> 00:03:31,440 Speaker 2: potato cake two if you want, but oh no, Victoria 65 00:03:31,520 --> 00:03:33,919 Speaker 2: also like an elite purchase. I had one on the 66 00:03:33,960 --> 00:03:36,160 Speaker 2: weekend and I hadn't had one in a couple of years, 67 00:03:36,160 --> 00:03:38,560 Speaker 2: and I was like, why have I done this to myself, 68 00:03:38,600 --> 00:03:40,160 Speaker 2: this is the best thing I've ever eaten in my 69 00:03:40,200 --> 00:03:45,320 Speaker 2: whole life. Yeah, I need one, just so good anyway, 70 00:03:45,480 --> 00:03:46,080 Speaker 2: tell me more. 71 00:03:46,400 --> 00:03:48,960 Speaker 4: I feel like I wasn't really allowed to talk about money, 72 00:03:49,000 --> 00:03:52,200 Speaker 4: so it wasn't something I worried about. But it also 73 00:03:52,680 --> 00:03:56,280 Speaker 4: I wasn't really learning anything either, Like I would ask 74 00:03:56,400 --> 00:04:00,520 Speaker 4: questions sometimes about mortgages and saving and things to do 75 00:04:00,640 --> 00:04:03,560 Speaker 4: with money, but it just wasn't allowed to be talked about. 76 00:04:03,680 --> 00:04:06,480 Speaker 2: So why do you think that's the case, Because you 77 00:04:06,560 --> 00:04:09,480 Speaker 2: mentioned before the appearance were good at money, but then 78 00:04:09,560 --> 00:04:11,520 Speaker 2: didn't want to talk about it. So is it just 79 00:04:11,560 --> 00:04:14,600 Speaker 2: like a taboo topic or was it something where maybe 80 00:04:14,640 --> 00:04:18,120 Speaker 2: they weren't as comfortable with it, Like I don't know. 81 00:04:18,800 --> 00:04:22,760 Speaker 4: We sort of don't really talk about anything deep or 82 00:04:22,839 --> 00:04:25,400 Speaker 4: serious in my house, so I think that it must 83 00:04:25,400 --> 00:04:28,880 Speaker 4: have just been considered one of those types of taboo 84 00:04:28,920 --> 00:04:30,280 Speaker 4: topics I guess, right. 85 00:04:30,600 --> 00:04:30,760 Speaker 1: Yeah. 86 00:04:30,880 --> 00:04:34,760 Speaker 2: Yeah, it's always interesting asking because sometimes people would respond 87 00:04:34,800 --> 00:04:37,200 Speaker 2: and be like, well, they were really good with money, 88 00:04:37,200 --> 00:04:39,320 Speaker 2: but I think they tried really really hard with it 89 00:04:39,360 --> 00:04:41,920 Speaker 2: and didn't want to, you know, worry me or something 90 00:04:42,320 --> 00:04:44,680 Speaker 2: that's really hard. If it's like we didn't really share 91 00:04:44,760 --> 00:04:47,719 Speaker 2: much in the way of deep conversation and money was 92 00:04:47,760 --> 00:04:50,600 Speaker 2: considered that that's just so challenging, But I'm assuming lots 93 00:04:50,600 --> 00:04:52,520 Speaker 2: of people are resonating with it and being like, oh 94 00:04:52,520 --> 00:04:53,160 Speaker 2: my god, me too. 95 00:04:54,760 --> 00:04:57,799 Speaker 4: I moved out when I was seventeen, which was quite 96 00:04:57,839 --> 00:05:01,760 Speaker 4: young but really good for my mental health. I pretty 97 00:05:01,839 --> 00:05:05,000 Speaker 4: much got through that. I was able to access Centerlink 98 00:05:05,320 --> 00:05:09,080 Speaker 4: like Hute Study or whatever it was called. And I 99 00:05:09,160 --> 00:05:12,880 Speaker 4: also had a bit of an inheritance from my grand 100 00:05:12,960 --> 00:05:16,200 Speaker 4: who passed away when I was younger, so my parents 101 00:05:16,360 --> 00:05:19,800 Speaker 4: had actually invested that and so there was quite a 102 00:05:19,880 --> 00:05:22,479 Speaker 4: bit more there and they allowed me to access that 103 00:05:22,520 --> 00:05:26,280 Speaker 4: when I turned eighteen. So unfortunately I did blow quite 104 00:05:26,320 --> 00:05:29,560 Speaker 4: a lot of it just on living expenses and living 105 00:05:29,839 --> 00:05:32,680 Speaker 4: outside of my means. Yeah, but that money still did 106 00:05:33,040 --> 00:05:35,479 Speaker 4: come in handy later on, I sort of just got 107 00:05:35,520 --> 00:05:41,080 Speaker 4: through UNI really always worrying about money. I never felt 108 00:05:41,080 --> 00:05:43,640 Speaker 4: like I was earning enough, and even when I did 109 00:05:43,680 --> 00:05:46,920 Speaker 4: start to earn a lot more, lifestyle creep happened. 110 00:05:46,960 --> 00:05:49,000 Speaker 2: Basically it happens to the best of us. 111 00:05:49,480 --> 00:05:53,760 Speaker 4: Yeah, And around that time I got into a pretty 112 00:05:53,760 --> 00:05:57,200 Speaker 4: serious relationship, not the one I'm in now. And at 113 00:05:57,240 --> 00:06:00,520 Speaker 4: the end of that, like just as I staid working 114 00:06:00,560 --> 00:06:04,080 Speaker 4: full time in my graduate role. I actually lent him 115 00:06:04,200 --> 00:06:09,640 Speaker 4: ten thousand dollars and I never saw that money again. No, Yeah, 116 00:06:09,680 --> 00:06:11,159 Speaker 4: so lesson learnt. 117 00:06:11,520 --> 00:06:13,440 Speaker 2: You know what, that's actually a cheap get out of 118 00:06:13,520 --> 00:06:16,480 Speaker 2: jail free card of that relationship. It cost you ten 119 00:06:16,520 --> 00:06:18,120 Speaker 2: grand to be like, you're not my verse in. 120 00:06:18,440 --> 00:06:21,320 Speaker 4: Yeah, so he said he was still going to pay 121 00:06:21,360 --> 00:06:23,159 Speaker 4: me back and then disappeared off the face of the 122 00:06:23,200 --> 00:06:27,839 Speaker 4: earth after we broke up. So after that, I feel 123 00:06:27,839 --> 00:06:30,920 Speaker 4: like my relationship with money just got even worse because 124 00:06:31,520 --> 00:06:34,960 Speaker 4: that was ten thousand dollars that my grand had left 125 00:06:35,040 --> 00:06:38,880 Speaker 4: me and it was gone and I knew I wasn't 126 00:06:38,880 --> 00:06:40,760 Speaker 4: getting it back, and I just sort of went into 127 00:06:40,800 --> 00:06:44,720 Speaker 4: this really like all or nothing mindset and started to 128 00:06:44,760 --> 00:06:46,159 Speaker 4: spend everything. 129 00:06:46,680 --> 00:06:47,400 Speaker 2: Yeah wow. 130 00:06:47,480 --> 00:06:49,400 Speaker 4: And that was when, because I had just got my 131 00:06:49,440 --> 00:06:51,240 Speaker 4: first full time job, I thought it would be a 132 00:06:51,279 --> 00:06:54,400 Speaker 4: good idea to apply for a credit card. I thought 133 00:06:54,440 --> 00:06:56,680 Speaker 4: I wouldn't need like good credit. But I've learned from 134 00:06:56,720 --> 00:06:58,840 Speaker 4: the podcast that that's not actually how it worked. 135 00:06:58,839 --> 00:07:01,240 Speaker 2: But you didn't learn about financial literacy growing up. But 136 00:07:01,279 --> 00:07:03,719 Speaker 2: I feel like that's a fair thing to kind of deduce. 137 00:07:03,839 --> 00:07:06,160 Speaker 2: If you've heard it around, you're like actually that could 138 00:07:06,200 --> 00:07:08,520 Speaker 2: really help me. I'm trying to set my financial future up, 139 00:07:08,720 --> 00:07:10,880 Speaker 2: and I feel like that gets so many of us right, 140 00:07:10,960 --> 00:07:13,040 Speaker 2: you go, I'm here just doing the right thing for me, 141 00:07:13,320 --> 00:07:14,840 Speaker 2: like you only know what you know. 142 00:07:15,760 --> 00:07:19,040 Speaker 4: M Yeah, And I've since learned that I'm not the 143 00:07:19,080 --> 00:07:21,280 Speaker 4: type of personality that can have a credit card. 144 00:07:21,440 --> 00:07:22,520 Speaker 2: You were me both, baby. 145 00:07:22,840 --> 00:07:27,320 Speaker 4: Yeah, So I got that, got a couple of credit cards. 146 00:07:27,800 --> 00:07:31,800 Speaker 4: And then luckily around that time, my parents did want 147 00:07:31,800 --> 00:07:34,240 Speaker 4: to talk about money a bit more, and they actually 148 00:07:34,280 --> 00:07:37,520 Speaker 4: set me up in a really really lucky position where 149 00:07:37,960 --> 00:07:41,840 Speaker 4: they actually purchased a house and I actually owe my 150 00:07:41,920 --> 00:07:43,040 Speaker 4: mortgage to them. 151 00:07:43,400 --> 00:07:46,920 Speaker 2: Oh wow, how nice. Thank you for not talking about it, 152 00:07:46,920 --> 00:07:49,560 Speaker 2: but then maybe doing a little flippy flip, like not 153 00:07:49,640 --> 00:07:50,280 Speaker 2: the worst thing. 154 00:07:51,480 --> 00:07:54,120 Speaker 4: So that put me in a really really good position. 155 00:07:54,200 --> 00:07:56,440 Speaker 4: And I was only twenty two at the time, so 156 00:07:57,080 --> 00:07:59,560 Speaker 4: I had like some money that I gave as a 157 00:07:59,560 --> 00:08:04,000 Speaker 4: deposit to them. Yeah, but that's been so lucky because 158 00:08:04,480 --> 00:08:07,400 Speaker 4: I don't have any interest on that at all. 159 00:08:07,560 --> 00:08:10,000 Speaker 2: Okay, so that's the sexiest loan I've ever heard of. 160 00:08:10,160 --> 00:08:12,480 Speaker 2: If your parents are like, look, we really want to 161 00:08:12,520 --> 00:08:15,520 Speaker 2: do that again, you can go. My friend Victoria is interested. 162 00:08:16,840 --> 00:08:20,280 Speaker 4: Yeah, So I'm super lucky in that regard, and I 163 00:08:20,280 --> 00:08:23,040 Speaker 4: think because of that, I'm not in as bad a 164 00:08:23,040 --> 00:08:26,560 Speaker 4: position as I would have been otherwise. Yeah right, yeah, 165 00:08:26,640 --> 00:08:30,280 Speaker 4: So again, once I had the house, I thought, well, 166 00:08:30,320 --> 00:08:32,320 Speaker 4: I don't have to save anymore. I've got my house, 167 00:08:32,360 --> 00:08:35,559 Speaker 4: I'm in the property market, et cetera, et cetera. So 168 00:08:35,720 --> 00:08:39,160 Speaker 4: any savings I did have still started going back out 169 00:08:39,160 --> 00:08:43,480 Speaker 4: the window again. Yeah, and I had a couple of 170 00:08:43,520 --> 00:08:46,959 Speaker 4: thousand dollars left. And then the hot water system in 171 00:08:47,040 --> 00:08:48,480 Speaker 4: my new house died. 172 00:08:48,960 --> 00:08:50,640 Speaker 2: Oh no, and they're so expensive. 173 00:08:51,040 --> 00:08:55,439 Speaker 4: Yeah, I spent my last dollars fixing that. No. Yeah, 174 00:08:55,720 --> 00:08:58,079 Speaker 4: that was sort of just it for me at that point. 175 00:08:58,080 --> 00:09:03,720 Speaker 4: It put me on a really bad trajectory of spending 176 00:09:03,960 --> 00:09:07,520 Speaker 4: absolutely everything that I earned. At one point, I decided 177 00:09:07,520 --> 00:09:10,400 Speaker 4: to get a bit better. I took out a ten 178 00:09:10,440 --> 00:09:14,720 Speaker 4: thousand dollar personal loan to consolidate credit cards and buy now, 179 00:09:14,760 --> 00:09:18,840 Speaker 4: pay laters and all that. Ye, however, I paid off 180 00:09:18,880 --> 00:09:23,560 Speaker 4: those things, didn't close the accounts. Yeah, okay, yeah, you 181 00:09:23,559 --> 00:09:24,800 Speaker 4: can see where this is going. 182 00:09:25,080 --> 00:09:27,080 Speaker 2: It's one after the other with debt, right, Like, I 183 00:09:27,160 --> 00:09:29,360 Speaker 2: just feel like it just spirals out of control. You 184 00:09:29,360 --> 00:09:31,599 Speaker 2: didn't get your first credit card because you were like, 185 00:09:31,679 --> 00:09:32,760 Speaker 2: do you know what I want to do? I want 186 00:09:32,760 --> 00:09:35,200 Speaker 2: to go into debt. That sounds so sexy. You got 187 00:09:35,200 --> 00:09:37,200 Speaker 2: it because you were doing the right thing, or you 188 00:09:37,200 --> 00:09:39,800 Speaker 2: thought you were doing the right thing. And then you're 189 00:09:39,840 --> 00:09:41,920 Speaker 2: probably consolidating because you're like, you know what I'm going 190 00:09:42,000 --> 00:09:44,280 Speaker 2: to do. I'm gonna get my shit together, and you 191 00:09:44,640 --> 00:09:46,560 Speaker 2: knew what you were doing at the time. But I 192 00:09:46,600 --> 00:09:48,920 Speaker 2: feel like it's just such a slippery slope, right, and 193 00:09:48,960 --> 00:09:51,560 Speaker 2: when you're on it and then you start slipping again, 194 00:09:51,679 --> 00:09:53,880 Speaker 2: it just feels like trash and you're like, why bother? 195 00:09:54,200 --> 00:09:57,240 Speaker 4: Yeah. Absolutely, and that's such a big thing that I've 196 00:09:57,240 --> 00:10:00,960 Speaker 4: had to try and change about my mindset. Yeah, so 197 00:10:01,160 --> 00:10:05,000 Speaker 4: very quickly, unsurprisingly, those by an hour pay laters and 198 00:10:05,040 --> 00:10:08,040 Speaker 4: the credit cards all went back up maxed out and 199 00:10:08,280 --> 00:10:13,959 Speaker 4: I still owed ten thousand dollars, and yeah, things started 200 00:10:13,960 --> 00:10:17,520 Speaker 4: to get a bit messy at that stage, and it's 201 00:10:17,559 --> 00:10:20,199 Speaker 4: sort of just been that way. That was about five 202 00:10:20,280 --> 00:10:22,920 Speaker 4: years ago now, So I would say that probably the 203 00:10:23,000 --> 00:10:26,600 Speaker 4: last four years of just I couldn't save anything, Like 204 00:10:26,679 --> 00:10:29,720 Speaker 4: I literally didn't have a dollar to my name. 205 00:10:29,920 --> 00:10:31,240 Speaker 2: And that's so stressful. 206 00:10:31,720 --> 00:10:34,560 Speaker 4: Yeah, and like I'm in a very lucky position where 207 00:10:34,600 --> 00:10:38,120 Speaker 4: I'm a pretty high income earner. My mortgage is not 208 00:10:38,320 --> 00:10:39,160 Speaker 4: very expensive. 209 00:10:39,480 --> 00:10:41,400 Speaker 2: Very nice. I'm going to ask you about that in 210 00:10:41,440 --> 00:10:42,280 Speaker 2: a hot second. 211 00:10:42,960 --> 00:10:46,080 Speaker 4: And yeah, my mortgage is not expensive. And I was 212 00:10:46,080 --> 00:10:49,720 Speaker 4: still getting to the end of every fortnight broke. Yeah, wow, 213 00:10:49,920 --> 00:10:53,000 Speaker 4: getting my card declined over like twenty cent purchases and 214 00:10:53,040 --> 00:10:53,719 Speaker 4: stuff like that. 215 00:10:53,840 --> 00:10:55,839 Speaker 2: So that just feels like you're being kicked while you're 216 00:10:55,880 --> 00:10:58,520 Speaker 2: down right, Like it just feels like trash. And you 217 00:10:58,600 --> 00:11:01,120 Speaker 2: get this mindset where you're like, I'm just not good 218 00:11:01,160 --> 00:11:03,680 Speaker 2: at money, and it's not the reality, right, Like you 219 00:11:03,760 --> 00:11:05,800 Speaker 2: just didn't have the tools and resources you needed to 220 00:11:05,840 --> 00:11:09,080 Speaker 2: manage money. And now I'm looking at your little story 221 00:11:09,360 --> 00:11:11,240 Speaker 2: that you've written in and we don't know enough about 222 00:11:11,240 --> 00:11:14,360 Speaker 2: it yet, but you've flipped it. Right. So you were 223 00:11:14,400 --> 00:11:17,079 Speaker 2: in a relationship. Now tell me about this new relationship. 224 00:11:17,120 --> 00:11:19,800 Speaker 2: Where did you meet? How's all of that panning out? 225 00:11:19,880 --> 00:11:22,040 Speaker 2: And like, is that something that you had to bring 226 00:11:22,120 --> 00:11:22,880 Speaker 2: up with your partner? 227 00:11:23,360 --> 00:11:26,360 Speaker 4: Yeah? So we actually met on a dating app, one 228 00:11:26,400 --> 00:11:29,200 Speaker 4: that not many people have heard of, called her, which 229 00:11:29,240 --> 00:11:31,439 Speaker 4: is for like same sex relationships. 230 00:11:31,520 --> 00:11:33,760 Speaker 2: Yeah, cool, I met my partner on a dating app. 231 00:11:33,800 --> 00:11:35,040 Speaker 2: So I'm the biggest fan of them. 232 00:11:35,160 --> 00:11:37,880 Speaker 4: Oh nice, I reckon we should be their spokesperson. 233 00:11:37,960 --> 00:11:40,360 Speaker 2: But anyway, but yeah, look I can imagine you look 234 00:11:40,400 --> 00:11:43,000 Speaker 2: really cute together. And also when you're talking about her, 235 00:11:43,040 --> 00:11:45,480 Speaker 2: you're like smiling and grinning. So yeah, like ten out 236 00:11:45,520 --> 00:11:45,800 Speaker 2: of ten. 237 00:11:46,240 --> 00:11:49,559 Speaker 4: Yeah, she's the best. We fell in love super quickly 238 00:11:49,920 --> 00:11:53,840 Speaker 4: and moved in together and got engaged pretty early on. 239 00:11:53,920 --> 00:11:56,920 Speaker 4: It was about nine months in. But we're like two 240 00:11:56,960 --> 00:11:59,800 Speaker 4: and a half years into our relationship now, and when 241 00:11:59,840 --> 00:12:02,240 Speaker 4: we get married it would have been about four years. 242 00:12:02,320 --> 00:12:05,280 Speaker 2: So I always laugh because all of my girlfriends in 243 00:12:05,320 --> 00:12:08,160 Speaker 2: same sex relationships are so similar, Like we're just like 244 00:12:08,480 --> 00:12:11,840 Speaker 2: you guys go from zero to a million zero point 245 00:12:11,960 --> 00:12:12,600 Speaker 2: two seconds. 246 00:12:12,679 --> 00:12:14,400 Speaker 4: Yeah, there's a stereotype forever. 247 00:12:14,400 --> 00:12:17,120 Speaker 2: Reason you were actually living up to it, Like I 248 00:12:17,200 --> 00:12:20,080 Speaker 2: love it, Like you know, we shouldn't stereotype. But if 249 00:12:20,120 --> 00:12:24,400 Speaker 2: you guys could stop living up to that stereotype, you're 250 00:12:24,440 --> 00:12:26,760 Speaker 2: just like, you know what, we're chicks, We know when 251 00:12:26,800 --> 00:12:32,560 Speaker 2: we know exactly. So obviously started this beautiful relationship and 252 00:12:32,640 --> 00:12:36,160 Speaker 2: then you know you're still in debt. So how did 253 00:12:36,200 --> 00:12:37,880 Speaker 2: that go? Was that something that you hit at the 254 00:12:37,920 --> 00:12:39,720 Speaker 2: start of a relationship or was it something that you 255 00:12:39,760 --> 00:12:42,040 Speaker 2: spoke about or like, how did this pan out? 256 00:12:42,200 --> 00:12:45,880 Speaker 4: We spoke about it pretty early on. So when we met, 257 00:12:45,920 --> 00:12:50,640 Speaker 4: I was in about thirty thousand dollars worth of consumer debt. Yeah, 258 00:12:50,679 --> 00:12:53,400 Speaker 4: and that's not including I still have my car on 259 00:12:53,440 --> 00:12:56,480 Speaker 4: an ovaded lease system, which that actually works for me, 260 00:12:56,640 --> 00:12:59,880 Speaker 4: so I'm happy with that. But yeah, the thirty thousand 261 00:13:00,080 --> 00:13:03,120 Speaker 4: wasn't even including that. And I did tell her pretty 262 00:13:03,120 --> 00:13:07,480 Speaker 4: early on, and actually being with her started just baby 263 00:13:07,520 --> 00:13:12,880 Speaker 4: steps towards repairing my relationship with money. So over time 264 00:13:13,200 --> 00:13:16,920 Speaker 4: I stopped using my credit cards and using loans and 265 00:13:17,000 --> 00:13:19,880 Speaker 4: things like that. I was still just paying the minimum, 266 00:13:19,920 --> 00:13:24,400 Speaker 4: but I was gradually using them less and less, and eventually, actually, 267 00:13:24,440 --> 00:13:27,880 Speaker 4: even before I really started this big turnaround, I actually 268 00:13:27,920 --> 00:13:30,960 Speaker 4: hadn't used my credit cards for about a year, so 269 00:13:31,880 --> 00:13:36,400 Speaker 4: the loans and the debt was still decreasing. And once 270 00:13:36,440 --> 00:13:39,360 Speaker 4: we were super invested and I really really trusted her, 271 00:13:39,800 --> 00:13:42,280 Speaker 4: and this might sound weird to some people, but this 272 00:13:42,360 --> 00:13:45,920 Speaker 4: is just really what I needed. I actually gave her 273 00:13:46,000 --> 00:13:49,040 Speaker 4: the logins to any lines of credit that I have 274 00:13:49,679 --> 00:13:51,880 Speaker 4: and asked her to change the passwords so I can 275 00:13:52,000 --> 00:13:53,480 Speaker 4: only pay down those debts. 276 00:13:53,600 --> 00:13:56,720 Speaker 2: You can't go and play with them. Yeah, Oh that's 277 00:13:56,760 --> 00:13:59,080 Speaker 2: really sweet that she's willing to do that for you too. 278 00:13:59,559 --> 00:14:02,000 Speaker 2: I feel like that's a common thing. I've done it 279 00:14:02,000 --> 00:14:05,280 Speaker 2: for a girlfriend, like, and we're not even in a relationship. 280 00:14:05,320 --> 00:14:08,160 Speaker 2: She's like, just take it off me, like change the password, 281 00:14:08,240 --> 00:14:09,800 Speaker 2: and I'm like, okay, no worries. 282 00:14:10,200 --> 00:14:12,679 Speaker 4: Yeah, And whenever I explain it, I'm like, it's not 283 00:14:12,800 --> 00:14:15,840 Speaker 4: like a financially controlling relationship at all, but it might 284 00:14:15,880 --> 00:14:17,200 Speaker 4: sound weird to some people. 285 00:14:17,400 --> 00:14:19,240 Speaker 2: Some people would not be comfortable with it, and that 286 00:14:19,400 --> 00:14:23,640 Speaker 2: is totally fine. But like money works differently for everybody, right, 287 00:14:23,840 --> 00:14:26,480 Speaker 2: Like it's like before you were saying like I can't 288 00:14:26,480 --> 00:14:29,080 Speaker 2: be trusted with a credit card, and I'm like, look, neither, 289 00:14:29,240 --> 00:14:31,880 Speaker 2: because I've tried it and I was not so good 290 00:14:31,880 --> 00:14:34,560 Speaker 2: at it. But other people are like, oh, I'm so 291 00:14:34,600 --> 00:14:36,280 Speaker 2: good at racking up points and I get all these 292 00:14:36,320 --> 00:14:39,160 Speaker 2: business class flights and I'm like, how because like I 293 00:14:39,320 --> 00:14:40,200 Speaker 2: just go into debt. 294 00:14:40,920 --> 00:14:44,800 Speaker 4: Yeah, me too. So she's always been amazing about that. 295 00:14:45,120 --> 00:14:48,840 Speaker 4: And then we got to last year, and this is 296 00:14:48,880 --> 00:14:52,280 Speaker 4: where things went really bad but then started to get good. 297 00:14:52,440 --> 00:14:56,600 Speaker 4: So probably about midway through last year, I actually went 298 00:14:56,640 --> 00:15:00,640 Speaker 4: through a really serious mental health breakdown, which meant that 299 00:15:00,680 --> 00:15:03,280 Speaker 4: I couldn't work for I think it was just under 300 00:15:03,280 --> 00:15:03,840 Speaker 4: two months. 301 00:15:04,120 --> 00:15:07,240 Speaker 2: Yeah. Wow, that's a significant period of time you Okay, now, 302 00:15:07,560 --> 00:15:08,280 Speaker 2: yeah good. 303 00:15:08,520 --> 00:15:11,000 Speaker 4: I wasn't getting paid and it was just such a 304 00:15:11,120 --> 00:15:15,320 Speaker 4: kick up the bum basically because I had nothing and 305 00:15:15,360 --> 00:15:19,520 Speaker 4: we actually had to live off my partner's savings. And 306 00:15:20,120 --> 00:15:24,360 Speaker 4: she's a low incommerer, like she's a student, she works 307 00:15:24,400 --> 00:15:29,920 Speaker 4: casually sometimes, but it was just like she earns probably 308 00:15:30,040 --> 00:15:32,400 Speaker 4: less than a quarter of what I earn, and she 309 00:15:32,520 --> 00:15:34,280 Speaker 4: was the one that had their savings and she was 310 00:15:34,320 --> 00:15:34,960 Speaker 4: the one that was. 311 00:15:34,880 --> 00:15:36,880 Speaker 2: Able to keep us afloat what a queen. 312 00:15:37,400 --> 00:15:40,720 Speaker 4: Yeah she is. So I'm so so grateful to that, 313 00:15:40,840 --> 00:15:43,400 Speaker 4: but it kind of showed me how am I here? 314 00:15:43,640 --> 00:15:46,720 Speaker 4: I've been working full time in this role for six 315 00:15:46,840 --> 00:15:49,400 Speaker 4: years at that point, yeah, and I just have nothing 316 00:15:49,440 --> 00:15:50,240 Speaker 4: to show for it. 317 00:15:50,320 --> 00:15:54,280 Speaker 2: Obviously. Mental health is so closely tied to finances, right, Yeah? 318 00:15:54,600 --> 00:15:57,680 Speaker 2: Did that worse in it as well? Because you were 319 00:15:57,720 --> 00:16:00,960 Speaker 2: realizing like, oh shit, like, not only am I doing this? 320 00:16:01,240 --> 00:16:04,360 Speaker 2: I feel like that could have really made it even worse, 321 00:16:04,520 --> 00:16:06,520 Speaker 2: knowing that your partner, who's on a quarter of what 322 00:16:06,520 --> 00:16:08,320 Speaker 2: you're doing, is support you, just like what am I 323 00:16:08,360 --> 00:16:09,080 Speaker 2: doing with my life? 324 00:16:09,160 --> 00:16:12,360 Speaker 4: Yeah? And for me, until that point, money had always 325 00:16:12,400 --> 00:16:15,720 Speaker 4: been linked pretty closely to poor mental health. For me, 326 00:16:15,920 --> 00:16:18,840 Speaker 4: I'm pretty impulsive, and I would have a tendency to 327 00:16:19,840 --> 00:16:23,720 Speaker 4: cope with things by just buying so much stuff. Yeah, 328 00:16:23,880 --> 00:16:27,480 Speaker 4: so yeah, I guess as I started to go through 329 00:16:27,520 --> 00:16:31,800 Speaker 4: the recovery process from that really difficult time, I knew 330 00:16:31,840 --> 00:16:33,960 Speaker 4: about She's on the Money, and I had listened to 331 00:16:34,040 --> 00:16:37,000 Speaker 4: a couple of episodes years ago, but it obviously just 332 00:16:37,080 --> 00:16:38,200 Speaker 4: wasn't the right time for me. 333 00:16:38,320 --> 00:16:40,400 Speaker 2: I had a really annoying voice when I first started, 334 00:16:40,440 --> 00:16:41,240 Speaker 2: so like, I get. 335 00:16:41,120 --> 00:16:44,080 Speaker 4: It well, I was just about to say I actually 336 00:16:44,080 --> 00:16:49,240 Speaker 4: started listening right from the beginning. So I'm lucky. I'm 337 00:16:49,280 --> 00:16:51,920 Speaker 4: not up to date yet. I listened to so many episodes, 338 00:16:51,960 --> 00:16:54,440 Speaker 4: but I'm still like in twenty twenty one, No. 339 00:16:54,480 --> 00:16:56,480 Speaker 2: I love that. I feel like I have tried to 340 00:16:56,520 --> 00:16:59,960 Speaker 2: overwhelm the community with content, Like we went from you know, 341 00:17:00,160 --> 00:17:02,960 Speaker 2: in like in twenty nineteen twenty twenty, having like one 342 00:17:03,000 --> 00:17:05,200 Speaker 2: episode a week and that being really easy to digest, 343 00:17:05,320 --> 00:17:07,200 Speaker 2: me being like, let's Toby charge it, Let's do three 344 00:17:07,200 --> 00:17:09,720 Speaker 2: episodes a week. Yeah, I would like catching up. 345 00:17:10,720 --> 00:17:13,720 Speaker 4: But I love it. I love that there's so much content. 346 00:17:13,520 --> 00:17:15,600 Speaker 2: I love that you're here. I love that this is 347 00:17:15,680 --> 00:17:18,760 Speaker 2: helping and a part of your journey. So yeah, you 348 00:17:18,840 --> 00:17:21,520 Speaker 2: binged cheese on the money, You're now in a better 349 00:17:21,560 --> 00:17:22,359 Speaker 2: mental place. 350 00:17:22,720 --> 00:17:25,920 Speaker 4: Yeah, much better. Yeah. And at first when I started listening, 351 00:17:26,000 --> 00:17:29,399 Speaker 4: I was obviously sort of motivated but not hates And 352 00:17:30,280 --> 00:17:33,600 Speaker 4: it took me about maybe three episodes and I was 353 00:17:33,640 --> 00:17:36,920 Speaker 4: hooked and I was just ready to change everything. 354 00:17:37,160 --> 00:17:39,600 Speaker 2: Yes, that's my favorite type of feed that. 355 00:17:39,960 --> 00:17:42,720 Speaker 4: Yeah. So that's what I've done. And that was only 356 00:17:42,800 --> 00:17:44,600 Speaker 4: a few months ago, so I've still got a long 357 00:17:44,640 --> 00:17:47,760 Speaker 4: way to go here we are. My partner knows how 358 00:17:47,800 --> 00:17:51,120 Speaker 4: obsessed with the podcast I am. So whenever I'm struggling 359 00:17:51,200 --> 00:17:54,240 Speaker 4: with something financial or when she is, we have a 360 00:17:54,280 --> 00:17:56,760 Speaker 4: bit of a motto in our household now where we 361 00:17:56,840 --> 00:18:01,840 Speaker 4: say WWVD no, what. 362 00:18:01,840 --> 00:18:04,280 Speaker 2: Would be do? Like sometimes not the right thing. 363 00:18:04,480 --> 00:18:07,600 Speaker 4: So well it's more about what you would say. 364 00:18:07,720 --> 00:18:10,159 Speaker 2: Yeah, yeah, yeah, Like I like that. What my community 365 00:18:10,240 --> 00:18:12,240 Speaker 2: knows is that I'm a do as I say, not 366 00:18:12,320 --> 00:18:14,640 Speaker 2: as I do, kind of gal. Like I don't want 367 00:18:14,680 --> 00:18:17,320 Speaker 2: you thinking that I'm perfect to finance, but like, if 368 00:18:17,400 --> 00:18:20,520 Speaker 2: you're struggling, here's what you should do. But I empathize 369 00:18:20,520 --> 00:18:23,000 Speaker 2: if you don't do that, Like I get it. 370 00:18:23,080 --> 00:18:26,320 Speaker 4: Well, yeah, it's been really helpful because it's also been 371 00:18:26,440 --> 00:18:29,120 Speaker 4: like if I've slipped up a bit, she'll be like, well, 372 00:18:29,200 --> 00:18:32,119 Speaker 4: Victoria would say that it's fine, and you know, you 373 00:18:32,280 --> 00:18:34,199 Speaker 4: just keep building up from here. You don't have to 374 00:18:34,200 --> 00:18:35,320 Speaker 4: blow all your money, all right. 375 00:18:35,320 --> 00:18:37,440 Speaker 2: She's my new best friend. I love her, No, no, no, 376 00:18:37,800 --> 00:18:38,520 Speaker 2: I love her too. 377 00:18:38,760 --> 00:18:41,159 Speaker 4: Everyone I introduce her to loves her more than they 378 00:18:41,240 --> 00:18:41,560 Speaker 4: love me. 379 00:18:41,800 --> 00:18:44,240 Speaker 2: So what, I think that's a really good trait in 380 00:18:44,280 --> 00:18:47,200 Speaker 2: a partner, and I'm sure she says exactly the same 381 00:18:47,240 --> 00:18:50,199 Speaker 2: thing about you. I feel like the ultimate relationship, like 382 00:18:50,520 --> 00:18:54,000 Speaker 2: the pinnacle of a relationship is when each person thinks 383 00:18:54,000 --> 00:18:56,720 Speaker 2: they're getting the better deal, like where you both are 384 00:18:56,760 --> 00:18:59,719 Speaker 2: like so hyped about each other and you both think no, no, 385 00:18:59,720 --> 00:19:02,360 Speaker 2: no on batting, Like I just feel like that works 386 00:19:02,400 --> 00:19:06,200 Speaker 2: so well. Money, Diaris, tell me a bit more about 387 00:19:06,440 --> 00:19:08,719 Speaker 2: your work. So what do you do for work? And 388 00:19:08,760 --> 00:19:10,080 Speaker 2: how much money are you earning? 389 00:19:10,520 --> 00:19:15,439 Speaker 4: So I'm a special education teacher and I'm currently on 390 00:19:16,200 --> 00:19:19,480 Speaker 4: about one hundred and fourteen thousand dollars a year. Oh, 391 00:19:19,640 --> 00:19:23,560 Speaker 4: very nice, which I believe is the second highest pay 392 00:19:23,760 --> 00:19:26,919 Speaker 4: step in my state. Yeap, I think I started on 393 00:19:27,040 --> 00:19:28,280 Speaker 4: sixty something and have. 394 00:19:28,520 --> 00:19:31,359 Speaker 2: Worked your way up to there. What a queen. I 395 00:19:31,440 --> 00:19:34,840 Speaker 2: love this, and a special ed teacher like, you're such 396 00:19:34,840 --> 00:19:36,520 Speaker 2: a nice human, and then you go, oh and I'm 397 00:19:36,520 --> 00:19:38,359 Speaker 2: a special ed teacher and I'm like, of course, your 398 00:19:38,359 --> 00:19:42,399 Speaker 2: bloody is like, you're just too nice. All right, tell me, 399 00:19:42,680 --> 00:19:44,600 Speaker 2: I guess a bit more about your money goals. You've 400 00:19:44,640 --> 00:19:47,160 Speaker 2: gone through a lot in the last twelve months. You 401 00:19:47,359 --> 00:19:50,160 Speaker 2: have said as well, look, I'm engaged, my future looks 402 00:19:50,160 --> 00:19:52,800 Speaker 2: so bright. What are your big money goals right now? 403 00:19:52,880 --> 00:19:55,679 Speaker 4: So? I have some really nice clear ones, which is 404 00:19:55,680 --> 00:19:57,040 Speaker 4: a really nice place to be in. 405 00:19:57,400 --> 00:19:59,800 Speaker 2: That's very sexy. I love this. What are they? 406 00:20:00,240 --> 00:20:02,679 Speaker 4: Well, the first one is I'm on track to be 407 00:20:03,040 --> 00:20:07,040 Speaker 4: completely out of consumer debt by November this year. 408 00:20:07,359 --> 00:20:09,359 Speaker 2: Yeap, oh my gosh. And then you said you were 409 00:20:09,400 --> 00:20:13,119 Speaker 2: getting married next year, so you're going to be debt free. Yeah, oh, okay, 410 00:20:13,160 --> 00:20:14,200 Speaker 2: that's really nice. 411 00:20:14,280 --> 00:20:16,440 Speaker 4: I didn't want to get married until I was debt free. 412 00:20:16,520 --> 00:20:19,960 Speaker 4: That was really important to me. I doore around the 413 00:20:20,000 --> 00:20:23,880 Speaker 4: same time. So about September this year, we will actually 414 00:20:23,920 --> 00:20:28,880 Speaker 4: have enough saved to pay for everything wedding related, even 415 00:20:28,920 --> 00:20:31,520 Speaker 4: though we're not getting married for about another year after that, 416 00:20:31,840 --> 00:20:33,840 Speaker 4: but we'll be able to pay for everything for the 417 00:20:33,880 --> 00:20:35,879 Speaker 4: wedding and honeymoon around September. 418 00:20:36,040 --> 00:20:39,440 Speaker 2: That'll take so much pressure off, Like, that'll be really nice. 419 00:20:39,680 --> 00:20:43,800 Speaker 4: Yeah, that's a big goal. After that, our goal as 420 00:20:44,040 --> 00:20:48,120 Speaker 4: a family is to save towards having kids. Yeah, which 421 00:20:48,160 --> 00:20:51,359 Speaker 4: is super exciting And obviously babies are expensive anyway, but 422 00:20:51,520 --> 00:20:54,600 Speaker 4: being in a same sex relationship, we might rack up 423 00:20:54,640 --> 00:20:57,040 Speaker 4: some fees trying to get the baby. 424 00:20:57,480 --> 00:20:59,400 Speaker 2: Yeah, it turns out you need to do a bit 425 00:20:59,480 --> 00:21:01,480 Speaker 2: more work and it's a lot financial. 426 00:21:01,600 --> 00:21:03,800 Speaker 4: But yeah, which is rude if you ask me. 427 00:21:04,000 --> 00:21:07,119 Speaker 2: But anyway, I think it is really rude, Like, yeah, 428 00:21:07,160 --> 00:21:09,360 Speaker 2: but do you know what that's going to cost you, 429 00:21:09,440 --> 00:21:12,720 Speaker 2: like or have you done anything in the process towards that. 430 00:21:13,080 --> 00:21:14,840 Speaker 4: So we know it's going to cost a lot. But 431 00:21:15,400 --> 00:21:17,879 Speaker 4: basically the planet this stage is to get all the 432 00:21:17,920 --> 00:21:20,720 Speaker 4: debts cleared and the wedding savings out of the way 433 00:21:20,800 --> 00:21:23,600 Speaker 4: and then start speaking with doctors and things like that 434 00:21:23,680 --> 00:21:25,119 Speaker 4: to make a clear plan. 435 00:21:25,359 --> 00:21:25,520 Speaker 1: Yeah. 436 00:21:25,600 --> 00:21:27,960 Speaker 2: Yeah, yeah, I've got a girlfriend in a same sex 437 00:21:28,040 --> 00:21:30,080 Speaker 2: relationship and she's going through that at the moment, and 438 00:21:30,119 --> 00:21:33,119 Speaker 2: I didn't realize how much was involved. I'm dumb, so like, 439 00:21:33,240 --> 00:21:35,000 Speaker 2: I just thought, you just kind of trot down to 440 00:21:35,040 --> 00:21:38,040 Speaker 2: the sperm bank and go, these are my criteria. Could 441 00:21:38,040 --> 00:21:40,640 Speaker 2: I please have something to help me create a baby. 442 00:21:41,040 --> 00:21:43,880 Speaker 2: But they're doing all of these tests and genetic testing 443 00:21:43,920 --> 00:21:46,480 Speaker 2: to see, you know, which egg is going to work 444 00:21:46,560 --> 00:21:49,280 Speaker 2: and which body is going to be better to carry 445 00:21:49,280 --> 00:21:51,880 Speaker 2: the baby, And I'm like, oh, this is very science. 446 00:21:52,280 --> 00:21:55,080 Speaker 4: Yeah, so that's a bit overwhelming. 447 00:21:54,520 --> 00:21:57,000 Speaker 2: But that's okay, one step at a time. 448 00:21:57,160 --> 00:22:01,280 Speaker 4: We're super set on that goal. Lastly after that, so 449 00:22:01,840 --> 00:22:04,400 Speaker 4: within the next ten years, but I'm not exactly sure 450 00:22:04,440 --> 00:22:09,000 Speaker 4: on timeframes. We would like to purchase a bigger house. 451 00:22:09,240 --> 00:22:12,840 Speaker 4: My house is sort of falling apart and very tiny, 452 00:22:12,960 --> 00:22:14,200 Speaker 4: so we would like to move. 453 00:22:14,280 --> 00:22:16,119 Speaker 2: Yeah, and you're gonna have babies, so we need a 454 00:22:16,119 --> 00:22:16,800 Speaker 2: bigger house. 455 00:22:17,359 --> 00:22:20,080 Speaker 4: Yeah, move somewhere that's more suitable for a family, and 456 00:22:20,119 --> 00:22:23,280 Speaker 4: hopefully do that before we at least have a second child, 457 00:22:23,280 --> 00:22:24,880 Speaker 4: if that's in the cards for us. 458 00:22:25,000 --> 00:22:26,760 Speaker 2: Yeah. Oh, how exciting. You guys are going to be 459 00:22:26,760 --> 00:22:30,520 Speaker 2: invest parents. I love that so much. All right, let's 460 00:22:30,520 --> 00:22:32,600 Speaker 2: go to a really quick break, because I at the 461 00:22:32,600 --> 00:22:36,080 Speaker 2: moment could talk about babies for literally ever. And on 462 00:22:36,119 --> 00:22:38,520 Speaker 2: the flip side, let's talk about investments. Let's talk about 463 00:22:38,520 --> 00:22:40,600 Speaker 2: what debt you have left and your best and worst 464 00:22:40,600 --> 00:22:47,399 Speaker 2: money habits. So guys don't go anywhere, all right, money 465 00:22:47,440 --> 00:22:50,200 Speaker 2: dist We are back, and I want to know. Obviously 466 00:22:50,240 --> 00:22:52,280 Speaker 2: you're in debt, but that doesn't stop you from being 467 00:22:52,320 --> 00:22:56,080 Speaker 2: able to progress your life or start investing. Are you investing? 468 00:22:56,160 --> 00:22:58,679 Speaker 2: If so, what in? If not? Like, do you have 469 00:22:58,720 --> 00:22:59,080 Speaker 2: a plan? 470 00:23:00,119 --> 00:23:02,919 Speaker 4: Yeah? So at the moment, my only investment is my 471 00:23:02,960 --> 00:23:06,320 Speaker 4: super YEP, and my supers sitting at about fifty three 472 00:23:06,400 --> 00:23:07,880 Speaker 4: thousand dollars at the moment. 473 00:23:07,960 --> 00:23:09,040 Speaker 2: Okay, that's pretty good. 474 00:23:09,240 --> 00:23:13,080 Speaker 4: Yeah, once my debts are paid off alongside saving, I'm 475 00:23:13,200 --> 00:23:16,000 Speaker 4: pretty determined to get into investing a bit more. And 476 00:23:16,440 --> 00:23:19,480 Speaker 4: my plan is at the moment, my round ups go 477 00:23:19,600 --> 00:23:22,240 Speaker 4: towards an account that pays off my debt. But I 478 00:23:22,240 --> 00:23:25,080 Speaker 4: would like to start by having my round ups go 479 00:23:25,160 --> 00:23:28,640 Speaker 4: to micro investing, learn a bit more about that, and 480 00:23:29,040 --> 00:23:32,280 Speaker 4: then branch out bigger. I had no idea about investing 481 00:23:32,480 --> 00:23:36,520 Speaker 4: before the podcast, even though my parents did it, and 482 00:23:36,760 --> 00:23:39,560 Speaker 4: I've recently bought that. She's on the Money Investing book, 483 00:23:39,640 --> 00:23:42,320 Speaker 4: and it's like sitting in my bookshelf ready to go. 484 00:23:42,200 --> 00:23:43,760 Speaker 2: For when I'm ready, She's ready. 485 00:23:43,880 --> 00:23:45,480 Speaker 4: So I'm super excited about that. 486 00:23:45,720 --> 00:23:47,120 Speaker 2: I love that, and you're going to be debt free 487 00:23:47,119 --> 00:23:50,560 Speaker 2: in November, and I kind of love that you're putting 488 00:23:50,600 --> 00:23:52,280 Speaker 2: it off. I know that some people want to do 489 00:23:52,320 --> 00:23:54,439 Speaker 2: it at the same time and like to be honest 490 00:23:54,800 --> 00:23:57,000 Speaker 2: each to their own. It's what engages you and keeps 491 00:23:57,040 --> 00:24:01,080 Speaker 2: you excited about money, right, But haying off debt is 492 00:24:01,119 --> 00:24:03,719 Speaker 2: an investment in itself because you probably have a not 493 00:24:03,800 --> 00:24:06,880 Speaker 2: so sexy interest rate on that, and the more dollars 494 00:24:06,920 --> 00:24:09,760 Speaker 2: that you're sending towards that, the more you're saving, the 495 00:24:09,760 --> 00:24:12,600 Speaker 2: more you're actually cutting it down. But you're also proving 496 00:24:12,640 --> 00:24:16,440 Speaker 2: to yourself that you can allocate money towards that. Every 497 00:24:16,440 --> 00:24:18,439 Speaker 2: time you make a debt repayment, it should be exciting 498 00:24:18,440 --> 00:24:20,960 Speaker 2: because you're like, oh my gosh, come November, that's actually 499 00:24:21,000 --> 00:24:23,000 Speaker 2: gonna be investment. That's going to be savings, that's going 500 00:24:23,080 --> 00:24:25,840 Speaker 2: to be financial freedom, that's going to be baby making. 501 00:24:26,000 --> 00:24:26,960 Speaker 2: How exciting. 502 00:24:27,480 --> 00:24:29,679 Speaker 4: And that's exactly how I like to look at it, 503 00:24:29,680 --> 00:24:31,919 Speaker 4: because at the moment, a huge, huge chunk of my 504 00:24:32,000 --> 00:24:34,840 Speaker 4: pay eighth fortnite goes to that debt, and in my 505 00:24:34,920 --> 00:24:36,959 Speaker 4: mind now I'm like, oh, I can be investing this 506 00:24:37,080 --> 00:24:38,320 Speaker 4: soon exactly. 507 00:24:38,440 --> 00:24:41,240 Speaker 2: And I feel like sometimes when we look at these 508 00:24:41,359 --> 00:24:44,760 Speaker 2: big amounts coming out of our income each month or 509 00:24:44,760 --> 00:24:47,560 Speaker 2: each week or fortnite or however you get paid, it 510 00:24:47,560 --> 00:24:49,520 Speaker 2: can be really disheartening because you're like, it feels like 511 00:24:49,560 --> 00:24:52,240 Speaker 2: I'm just tipping it down the drain, like I'm wasting 512 00:24:52,280 --> 00:24:55,679 Speaker 2: so much money. But with a very simple mindset shift, 513 00:24:55,920 --> 00:24:58,800 Speaker 2: we can become really excited about this because it is 514 00:24:58,880 --> 00:25:02,000 Speaker 2: actually constructive. It is a really good money habit. It 515 00:25:02,119 --> 00:25:04,760 Speaker 2: is a good behavior to start because you end up 516 00:25:04,760 --> 00:25:06,680 Speaker 2: in the best possible position at the end of it. 517 00:25:06,760 --> 00:25:09,440 Speaker 2: Like November, Oh, I can't wait for you. You deserve 518 00:25:09,480 --> 00:25:11,399 Speaker 2: the biggest bottle of champagne to crack open. 519 00:25:11,600 --> 00:25:11,959 Speaker 4: Haha. 520 00:25:12,560 --> 00:25:15,760 Speaker 2: Money Diarist debt, how much debt are we still in? 521 00:25:15,840 --> 00:25:17,520 Speaker 2: What does that look like? And can you tell me 522 00:25:17,560 --> 00:25:20,920 Speaker 2: a little bit about your plan to become debt free? 523 00:25:20,960 --> 00:25:23,840 Speaker 2: Why November? Like, how have you calculated this out? 524 00:25:24,440 --> 00:25:27,200 Speaker 4: Okay, so, firstly, the amount of debt I'm in still 525 00:25:27,200 --> 00:25:30,679 Speaker 4: got about seven thousand dollars of consumer debt. I have 526 00:25:30,800 --> 00:25:34,680 Speaker 4: a hex help debt of about twenty one thousand remaining. Yeah, 527 00:25:34,720 --> 00:25:37,160 Speaker 4: I'm a bit crazy and I'm about to start online 528 00:25:37,240 --> 00:25:38,240 Speaker 4: UNI alongside work. 529 00:25:38,359 --> 00:25:40,840 Speaker 2: So no, that's okay, that's exciting, that's constructive. 530 00:25:40,960 --> 00:25:43,800 Speaker 4: Yeah, exciting, But that one's not going to go down 531 00:25:43,880 --> 00:25:47,800 Speaker 4: anytime soon. And I owe on my mortgage about three 532 00:25:47,920 --> 00:25:50,520 Speaker 4: hundred and twenty one thousand dollars and I also have 533 00:25:50,600 --> 00:25:53,520 Speaker 4: my novated lease, but I'm not sure exactly how to 534 00:25:53,920 --> 00:25:57,160 Speaker 4: calculate how much that is. But that takes a few 535 00:25:57,280 --> 00:25:59,320 Speaker 4: hundred out of my pretax page. 536 00:25:59,400 --> 00:26:02,160 Speaker 2: Fornight, with your mortgage, you said three hundred and twenty 537 00:26:02,200 --> 00:26:04,320 Speaker 2: one thousand dollars left. Do you know what the property's worth? 538 00:26:04,560 --> 00:26:06,760 Speaker 4: The best sort of estimate I could find was about 539 00:26:06,800 --> 00:26:07,960 Speaker 4: six point fifty. 540 00:26:07,840 --> 00:26:11,160 Speaker 2: Oh, very nice. So you are sitting pretty at the moment. 541 00:26:11,640 --> 00:26:13,720 Speaker 2: That is not a bad position to be and when 542 00:26:13,760 --> 00:26:17,920 Speaker 2: you're twenty seven. Yeah, I love this so much. All right, 543 00:26:18,000 --> 00:26:20,680 Speaker 2: So tell me now, what do you think your best 544 00:26:20,720 --> 00:26:21,480 Speaker 2: money habit is? 545 00:26:21,760 --> 00:26:25,000 Speaker 4: My best money habit is definitely. I've made a spreadsheet 546 00:26:25,240 --> 00:26:29,960 Speaker 4: for my budget and it's all color coordinated and automated 547 00:26:30,000 --> 00:26:33,679 Speaker 4: and pretty, and it tells me exactly where every single 548 00:26:33,720 --> 00:26:37,160 Speaker 4: dollar of what I'm getting paid, exactly where that's going. 549 00:26:37,600 --> 00:26:39,080 Speaker 2: That's hot. I don't know if you know this, but 550 00:26:39,119 --> 00:26:40,800 Speaker 2: I do like a spreadsheet. 551 00:26:40,840 --> 00:26:43,840 Speaker 4: Yeah, I have fully been meaning to do like your 552 00:26:44,040 --> 00:26:46,600 Speaker 4: cash Flow master Class, so I'm hoping that when I 553 00:26:46,640 --> 00:26:49,720 Speaker 4: eventually get around to that, I'll do it even better. 554 00:26:49,960 --> 00:26:51,439 Speaker 2: Now I'm going to gift it to you now, if 555 00:26:51,480 --> 00:26:52,920 Speaker 2: you want to do it, you're doing it. I will 556 00:26:52,920 --> 00:26:55,320 Speaker 2: send you a log in after this, honestly as a 557 00:26:55,320 --> 00:26:57,480 Speaker 2: spreadsheet early. I think you're gonna love it, but I 558 00:26:57,480 --> 00:26:59,560 Speaker 2: will gift you the Budgeting cash Flow master Class of 559 00:26:59,640 --> 00:27:01,440 Speaker 2: rebrand it to the money master Class. 560 00:27:01,720 --> 00:27:03,480 Speaker 4: Sorry, you can tell that I've been listening to the 561 00:27:03,520 --> 00:27:04,720 Speaker 4: old episodes. 562 00:27:04,280 --> 00:27:07,359 Speaker 2: Then it is fine. I still can't remember what I've 563 00:27:07,400 --> 00:27:10,600 Speaker 2: rebranded it too, Like the girls often listen to our 564 00:27:10,600 --> 00:27:13,080 Speaker 2: episodes and they're like, Victoria's stopped calling at the budget 565 00:27:13,080 --> 00:27:15,280 Speaker 2: and Cashley master Class. We changed it to be simpler, 566 00:27:15,320 --> 00:27:18,240 Speaker 2: and I'm like, yeah, but I'm stuck in the past. 567 00:27:19,560 --> 00:27:21,439 Speaker 2: So no, I'll give that to you. I'll send you 568 00:27:21,480 --> 00:27:23,239 Speaker 2: a log in. I think that you will love it, 569 00:27:23,440 --> 00:27:26,280 Speaker 2: and you're obviously on the right trajectory, so I think 570 00:27:26,320 --> 00:27:29,000 Speaker 2: that this will hopefully turbocharge. It will turn that C 571 00:27:29,240 --> 00:27:32,600 Speaker 2: into an A really quickly. But tell me. 572 00:27:32,560 --> 00:27:35,840 Speaker 4: More so, that tells me where everything's going, and it 573 00:27:35,960 --> 00:27:40,160 Speaker 4: prioritizes paying down my debts first of all, and then 574 00:27:40,520 --> 00:27:45,080 Speaker 4: prioritizes savings. So obviously last year I realized very quickly 575 00:27:45,119 --> 00:27:48,760 Speaker 4: that I need an emergency fund. So that's slowly building 576 00:27:48,800 --> 00:27:52,680 Speaker 4: away in the background. Oh good, Which that's another money 577 00:27:52,720 --> 00:27:54,960 Speaker 4: goal that I forgot to mention. I really want my 578 00:27:55,000 --> 00:27:59,240 Speaker 4: emergency fund to sit at about fifteen thousand dollars, which 579 00:27:59,440 --> 00:28:03,360 Speaker 4: sounds high, but after having that time off work and 580 00:28:03,640 --> 00:28:08,400 Speaker 4: mental health treatment is extremely expensive. Yes, I figure that 581 00:28:08,400 --> 00:28:09,639 Speaker 4: that's comfortable. 582 00:28:09,840 --> 00:28:12,640 Speaker 2: Yeah, but if you go down that route again, you'll 583 00:28:12,680 --> 00:28:15,359 Speaker 2: be feeling so much better about it because you know 584 00:28:15,440 --> 00:28:17,920 Speaker 2: you can support yourself through this and what you actually 585 00:28:17,960 --> 00:28:21,040 Speaker 2: need during these times money, It doesn't need to be 586 00:28:21,080 --> 00:28:23,919 Speaker 2: the stressor if you set yourself up properly and hopefully 587 00:28:24,000 --> 00:28:26,440 Speaker 2: that means that there'll be less time out of the workforce. 588 00:28:26,480 --> 00:28:29,000 Speaker 2: There'll be less time that you're struggling. Like, that's a 589 00:28:29,000 --> 00:28:29,679 Speaker 2: money win to me. 590 00:28:30,200 --> 00:28:35,120 Speaker 4: Yeah. And along with my budget spreadsheet, I have lots 591 00:28:35,160 --> 00:28:37,879 Speaker 4: of different accounts set up because that's what works for me. 592 00:28:38,360 --> 00:28:42,080 Speaker 4: I have a bill's account where obviously everything goes for bills, 593 00:28:42,360 --> 00:28:44,800 Speaker 4: and I have a groceries account that both my partner 594 00:28:44,800 --> 00:28:47,640 Speaker 4: and I use for groceries. I have an account for 595 00:28:47,680 --> 00:28:48,280 Speaker 4: my pets. 596 00:28:48,520 --> 00:28:50,320 Speaker 2: Oh you didn't mention you had pets. What pets have 597 00:28:50,360 --> 00:28:50,960 Speaker 2: you got? Come on? 598 00:28:51,120 --> 00:28:54,320 Speaker 4: Oh, I've got a dog called Toast, Oh high Toast, 599 00:28:55,200 --> 00:28:57,280 Speaker 4: a cat called Vegi might No you don't. This is 600 00:28:57,320 --> 00:29:02,440 Speaker 4: so cute, another cat called Sea, and because I just 601 00:29:02,560 --> 00:29:06,360 Speaker 4: love matching names, I have a fish and a water 602 00:29:06,520 --> 00:29:08,400 Speaker 4: snail called Gomez and thing. 603 00:29:08,800 --> 00:29:12,440 Speaker 2: Oh my gosh, adore, adore. I love this so much. 604 00:29:12,480 --> 00:29:14,080 Speaker 2: So you're a pet girly as well. I knew we'd 605 00:29:14,120 --> 00:29:15,840 Speaker 2: be best friends when we started this. I was like, 606 00:29:16,000 --> 00:29:17,680 Speaker 2: we are absolutely best friends. 607 00:29:18,000 --> 00:29:20,000 Speaker 4: Yeah, I love my pets. 608 00:29:20,480 --> 00:29:22,120 Speaker 2: I don't know. If you follow me on social media, 609 00:29:22,200 --> 00:29:25,960 Speaker 2: it's same. I am a crazy pet lady. Those are 610 00:29:26,080 --> 00:29:29,320 Speaker 2: very good money habits. But let's bring the tone back down. 611 00:29:29,600 --> 00:29:31,200 Speaker 2: What's your worst money habit. 612 00:29:31,720 --> 00:29:34,560 Speaker 4: So this has changed a lot, and it's still something 613 00:29:34,640 --> 00:29:38,880 Speaker 4: I'm working on and getting better at. But I am very, 614 00:29:39,040 --> 00:29:42,080 Speaker 4: very impulsive. That's who I am as a person. 615 00:29:42,360 --> 00:29:46,920 Speaker 2: Unfortunately, now we like impulsive people. They're fun. We just 616 00:29:46,920 --> 00:29:48,480 Speaker 2: need to be good at managing our money. 617 00:29:49,040 --> 00:29:52,880 Speaker 4: Yeah. Look, most of my pets were bought impulsively, so. 618 00:29:53,040 --> 00:29:55,360 Speaker 2: And we love them and they weren't bad decisions, so 619 00:29:55,600 --> 00:29:56,680 Speaker 2: are not really a bad habit. 620 00:29:57,080 --> 00:30:00,360 Speaker 4: Yeah. True. I'm really trying to change that. I've been 621 00:30:00,360 --> 00:30:03,320 Speaker 4: trying to take photos of things, make wish lists, etc. 622 00:30:04,280 --> 00:30:08,040 Speaker 4: But I can still be swayed very easily, especially when 623 00:30:08,040 --> 00:30:11,000 Speaker 4: it comes to food. That's something that I find really 624 00:30:11,000 --> 00:30:15,800 Speaker 4: difficult because I hate cooking and luckily my partner likes cooking. 625 00:30:15,840 --> 00:30:19,320 Speaker 4: But it's still very easy to just accidentally get takeaway 626 00:30:19,480 --> 00:30:19,840 Speaker 4: a lot. 627 00:30:20,080 --> 00:30:20,920 Speaker 2: Yeah. Yeah. 628 00:30:20,960 --> 00:30:24,000 Speaker 4: And along with that, sometimes that means that I take 629 00:30:24,080 --> 00:30:26,840 Speaker 4: money from my savings accounts. Then I have like a 630 00:30:26,960 --> 00:30:29,280 Speaker 4: list of what I owe to my savings and I 631 00:30:29,320 --> 00:30:32,000 Speaker 4: do pay it back, but that just puts me in 632 00:30:32,000 --> 00:30:34,640 Speaker 4: a bit of a negative sort of frame of mind 633 00:30:34,680 --> 00:30:37,600 Speaker 4: because it feels like more debt. I've come a long 634 00:30:37,640 --> 00:30:41,000 Speaker 4: way with that, but that's my worst money habit. Something 635 00:30:41,040 --> 00:30:44,120 Speaker 4: that's helping, though, is that I often used to buy 636 00:30:44,240 --> 00:30:46,520 Speaker 4: a lot of clothes, particularly if they were on sale, 637 00:30:47,080 --> 00:30:49,640 Speaker 4: and in twenty twenty four, I have set a goal 638 00:30:49,640 --> 00:30:55,160 Speaker 4: that I'm not purchasing any new clothes, shoes, or bags, 639 00:30:55,360 --> 00:30:56,960 Speaker 4: and that's really helped so far. 640 00:30:57,200 --> 00:31:01,000 Speaker 2: Oh, I love this. Do you follow Emma Edwards on 641 00:31:01,160 --> 00:31:04,080 Speaker 2: social media? So she has the username the broke Generation. 642 00:31:04,320 --> 00:31:07,520 Speaker 4: Yes I do. Yeah. I found her straight after I 643 00:31:07,560 --> 00:31:08,920 Speaker 4: set that goal, which was weird. 644 00:31:09,080 --> 00:31:12,479 Speaker 2: Yeah, she just finished a whole year of not buying 645 00:31:12,600 --> 00:31:15,920 Speaker 2: any fashion and I just found it so inspirational because 646 00:31:16,000 --> 00:31:19,000 Speaker 2: I couldn't ever do that, and I think that if 647 00:31:19,040 --> 00:31:21,360 Speaker 2: you're planning on doing that, please make sure you're following Emma. 648 00:31:21,640 --> 00:31:23,360 Speaker 2: But she's also a friend of the show, so I 649 00:31:23,400 --> 00:31:25,680 Speaker 2: was like, go hit her up. She's a bloody legend. 650 00:31:26,000 --> 00:31:28,640 Speaker 2: I love that. So let's just do a little quick recap, 651 00:31:28,720 --> 00:31:31,440 Speaker 2: right the Sue wrote in, and you know, you've turned 652 00:31:31,440 --> 00:31:33,480 Speaker 2: your life around. We've learned so much about it. You've 653 00:31:33,480 --> 00:31:36,680 Speaker 2: been so generous with your time. You've got this beautiful 654 00:31:36,680 --> 00:31:39,560 Speaker 2: money story. You might go, oh, I don't really like 655 00:31:39,680 --> 00:31:41,560 Speaker 2: this part. I get it, But like you are now 656 00:31:41,560 --> 00:31:43,960 Speaker 2: engaged to the love of your life, you're getting married, 657 00:31:44,000 --> 00:31:46,120 Speaker 2: you have these epic goals. You're going to be out 658 00:31:46,160 --> 00:31:48,680 Speaker 2: of debt in November. You own a property, you're gonna 659 00:31:48,720 --> 00:31:52,080 Speaker 2: have some beautiful bambinis at some point, you've got your 660 00:31:52,080 --> 00:31:53,760 Speaker 2: wedding done, you're going to be ready to pay for 661 00:31:53,800 --> 00:31:56,520 Speaker 2: it in September, and you're not even getting married. Then 662 00:31:57,040 --> 00:32:00,000 Speaker 2: you've just got all this cool stuff going on for you. 663 00:32:00,440 --> 00:32:01,920 Speaker 2: But at the start of the show, you said, V 664 00:32:02,000 --> 00:32:05,040 Speaker 2: I think I'm a C. So we've had this gorgeous chat. 665 00:32:05,160 --> 00:32:08,920 Speaker 2: Do you think that that is accurate? If not, what 666 00:32:09,120 --> 00:32:12,360 Speaker 2: is it changed to. If so, what are you going 667 00:32:12,440 --> 00:32:14,160 Speaker 2: to do to get to an A plus. 668 00:32:16,000 --> 00:32:19,080 Speaker 4: I think I still don't feel like I'm a high grade, 669 00:32:19,120 --> 00:32:21,880 Speaker 4: but maybe I could push it to like a B minus. 670 00:32:22,160 --> 00:32:23,960 Speaker 2: I think that that might be fair. 671 00:32:24,680 --> 00:32:27,440 Speaker 4: But in order to get an A plus for me, 672 00:32:27,560 --> 00:32:31,280 Speaker 4: that would involve having an emergency fund, being out of 673 00:32:31,320 --> 00:32:35,280 Speaker 4: consumer debt, and starting to invest. 674 00:32:35,840 --> 00:32:36,960 Speaker 2: So you're going to be an A plus at the 675 00:32:37,040 --> 00:32:40,440 Speaker 2: end of the year, I'm hoping. So like you've got 676 00:32:40,440 --> 00:32:42,600 Speaker 2: the goals, You've set them up there happening. 677 00:32:43,080 --> 00:32:45,640 Speaker 4: Yeah, And I feel pretty good about that because I 678 00:32:45,680 --> 00:32:47,840 Speaker 4: think I'm not going to be like loaded at the 679 00:32:47,920 --> 00:32:49,360 Speaker 4: end of the year. But as long as I'm on 680 00:32:49,400 --> 00:32:50,480 Speaker 4: the right track. 681 00:32:50,280 --> 00:32:52,680 Speaker 2: It's still a baby. We're not going to be loaded asap. 682 00:32:53,120 --> 00:32:55,480 Speaker 4: True, And as long as I don't have access to 683 00:32:55,520 --> 00:32:58,880 Speaker 4: any lines of credit, I will feel pretty damn good. 684 00:32:59,120 --> 00:33:02,720 Speaker 2: Yeah. And I think that my favorite thing is your positivity, 685 00:33:02,840 --> 00:33:05,640 Speaker 2: Like you're just like, no, I'm on this, I'm working 686 00:33:05,680 --> 00:33:08,920 Speaker 2: towards it, Like I think it's fair if you're like, yeah, 687 00:33:08,960 --> 00:33:10,600 Speaker 2: I'm in heaps of debt, but I'm not doing anything 688 00:33:10,600 --> 00:33:12,479 Speaker 2: about it, like I've got my head in the sands, 689 00:33:12,520 --> 00:33:15,200 Speaker 2: like I'm not working towards this. Like I just think 690 00:33:15,280 --> 00:33:18,760 Speaker 2: anyone who is going through, you know, the situations like 691 00:33:18,840 --> 00:33:22,520 Speaker 2: you're going through, who's actively working towards it like immediate 692 00:33:22,560 --> 00:33:25,240 Speaker 2: a my eyes. I'm like, you are good at money, 693 00:33:25,280 --> 00:33:27,360 Speaker 2: you just don't have heaps of it yet. We are 694 00:33:27,440 --> 00:33:29,880 Speaker 2: what I would call it henry a high earner but 695 00:33:29,960 --> 00:33:30,600 Speaker 2: not rich yet. 696 00:33:31,160 --> 00:33:31,280 Speaker 1: Ah. 697 00:33:31,400 --> 00:33:34,240 Speaker 2: I love that, so like you're gonna be really wealthy 698 00:33:34,280 --> 00:33:36,720 Speaker 2: with these habits. But let's just take it back a step. 699 00:33:36,920 --> 00:33:40,920 Speaker 2: You're also only twenty seven, my friend. Yeah, you're just 700 00:33:41,000 --> 00:33:43,920 Speaker 2: a baby. We're not going to be millionaires right away. 701 00:33:44,320 --> 00:33:45,680 Speaker 2: Like that stuff takes time. 702 00:33:46,640 --> 00:33:49,120 Speaker 4: Yeah, something I forgot, but I think it's important to 703 00:33:49,160 --> 00:33:51,720 Speaker 4: mention is I'll also feel like an a plus once 704 00:33:51,760 --> 00:33:55,360 Speaker 4: I have insurance sort it out. I wish that I 705 00:33:55,400 --> 00:33:58,200 Speaker 4: had found the podcast a long time ago, because it's 706 00:33:58,240 --> 00:34:03,160 Speaker 4: actually quite hard getting insurance with my history. But once 707 00:34:03,200 --> 00:34:06,680 Speaker 4: I've spoken to like an insurance advisor or broker, I 708 00:34:06,680 --> 00:34:07,520 Speaker 4: don't know the difference. 709 00:34:07,800 --> 00:34:10,040 Speaker 2: You need to go talk to fell it Sky Wealth 710 00:34:10,480 --> 00:34:11,520 Speaker 2: and have a chat with him. 711 00:34:11,719 --> 00:34:14,040 Speaker 4: Yeah. So once I've done that, I'll feel better. And 712 00:34:14,200 --> 00:34:17,799 Speaker 4: just for anyone listening, like, please listen to Victoria and 713 00:34:17,920 --> 00:34:21,239 Speaker 4: get those insurances sorted early, because I don't like to 714 00:34:21,239 --> 00:34:23,799 Speaker 4: have regrets, but that's something that will impact me. 715 00:34:24,200 --> 00:34:27,600 Speaker 2: And I mean it's hard, right, like, especially with mental health, 716 00:34:27,880 --> 00:34:30,040 Speaker 2: Like you don't feel motivated to go and get your 717 00:34:30,080 --> 00:34:32,200 Speaker 2: life sorted out because you're like, what's the point. But 718 00:34:32,600 --> 00:34:35,200 Speaker 2: getting it sorted out sooner rather than later means you 719 00:34:35,239 --> 00:34:38,520 Speaker 2: won't end up with an exclusion. And unfortunately, if you've 720 00:34:38,560 --> 00:34:41,640 Speaker 2: been through some mental health challenges as you've alluded to, 721 00:34:41,880 --> 00:34:45,120 Speaker 2: and you've sought mental health treatment, it's very likely that 722 00:34:45,120 --> 00:34:48,120 Speaker 2: that will be an exclusion. However, it's still worth it 723 00:34:48,120 --> 00:34:50,919 Speaker 2: because you get covered for everything else. So I think 724 00:34:50,960 --> 00:34:53,480 Speaker 2: it's still a good thing to do. But the sooner 725 00:34:53,480 --> 00:34:54,080 Speaker 2: the better. 726 00:34:53,920 --> 00:34:55,160 Speaker 4: Honestly, sooner the better. 727 00:34:55,320 --> 00:34:57,480 Speaker 2: Yeah, exactly. Oh my gosh, what a good place to 728 00:34:57,560 --> 00:35:00,480 Speaker 2: leave it, money, Doris. I have adored having this conversation 729 00:35:00,600 --> 00:35:03,440 Speaker 2: with you. This is again one of my favorite money days. 730 00:35:03,440 --> 00:35:04,759 Speaker 2: I feel like I say that all the time and 731 00:35:04,760 --> 00:35:06,640 Speaker 2: then I meet someone you and I'm like, oh, no, no, no, 732 00:35:06,719 --> 00:35:10,360 Speaker 2: this one. But you have been so generous with your information, 733 00:35:10,600 --> 00:35:13,200 Speaker 2: so generous with your time, and I know our community 734 00:35:13,239 --> 00:35:15,479 Speaker 2: they're just gonna fall in love with you. They're gonna go, oh, 735 00:35:15,520 --> 00:35:18,239 Speaker 2: she was great. So I really appreciate it. 736 00:35:18,280 --> 00:35:21,080 Speaker 4: Thank you so much, Thank you so much for having me. 737 00:35:27,200 --> 00:35:29,720 Speaker 2: The advice shared on She's on the Money is general 738 00:35:29,760 --> 00:35:33,640 Speaker 2: in nature and does not consider your individual circumstances. She's 739 00:35:33,680 --> 00:35:37,080 Speaker 2: on the Money exists purely for educational purposes and should 740 00:35:37,160 --> 00:35:40,320 Speaker 2: not be relied upon to make an investment or financial decision. 741 00:35:40,719 --> 00:35:43,160 Speaker 2: If you do choose to buy a financial product, read 742 00:35:43,200 --> 00:35:47,360 Speaker 2: the PDS TMD and obtain appropriate financial advice tailored towards 743 00:35:47,360 --> 00:35:50,640 Speaker 2: your needs. Victoria Divine and She's on the Money are 744 00:35:50,719 --> 00:35:55,719 Speaker 2: authorized representatives of Money SHERPA pty Ltd ABN three two 745 00:35:55,760 --> 00:35:58,759 Speaker 2: one IS six four nine two seven seven zero eight 746 00:35:59,040 --> 00:36:08,040 Speaker 2: AFSL four five one two eight nine