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

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Speaker 1: the Order Kerni Whaltbury and a waddery woman. And before

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Speaker 1: we get started on She's on the Money podcast, I

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Speaker 1: would like to acknowledge the traditional custodians of the land

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Speaker 1: of which this podcast is recorded on a wondery country,

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Speaker 1: acknowledging the elders, the ancestors and the next generation coming

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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing

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Speaker 1: and the storytelling of you to make a difference for

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it. She's on the Money.

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Speaker 3: She's on the Money.

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Speaker 2: Hello, and welcome to She's on the Money the podcasts.

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Speaker 2: It lets you be pervy about other people's money habits

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Speaker 2: for educational purposes of course. Welcome back to another one

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

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Speaker 2: of chatting to one of our incredible She's on the

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Speaker 2: Money community members all about their journey. Let's jump straight

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Speaker 2: into it, because this week I got a message and

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Speaker 2: it went exactly like this, Dear She's on the Money.

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Speaker 2: My husband and I started out in retail flipping homes

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Speaker 2: on the side to boost our income. What began as

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Speaker 2: a way to make extra money has now turned into

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Speaker 2: a fully fledged business and our thriving property styling agency.

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Speaker 2: Now we help homeowners increase their property's values so it

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Speaker 2: sells faster and for more. Our journey is all about

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Speaker 2: turning a side hustle into financial freedom, and we would

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Speaker 2: love to share how we built wealth doing what we

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Speaker 2: love with the Shees on the Money community. Welcome to

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Speaker 2: the show money Diarist.

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Speaker 4: Thank you.

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Speaker 2: I am very excited. But before we get there, I

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Speaker 2: have to ask the same question I ask everybody. If

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Speaker 2: I asked you to give your money habits a grade

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Speaker 2: from A through to F, what would you grave them?

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Speaker 4: I would grade my money habits a C oh a C.

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Speaker 2: All right, I need to know so much more about that.

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Speaker 2: Can you tell me a little bit more about your

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Speaker 2: money story?

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Speaker 4: Absolutely so.

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Speaker 5: My money story, I guess, starts from when I was

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Speaker 5: a young age. As most people do, I was always

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Speaker 5: a very creative person, and I grew up in a

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Speaker 5: household where my family worked very hard.

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Speaker 4: For the money and I knew that they did that.

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Speaker 5: We grew up in regional New South Wales, and I

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Speaker 5: think that my family did a really amazing job at

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Speaker 5: shielding me of the.

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Speaker 4: Impacts of how hard it was for them to go

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Speaker 4: out and get that money. So that allowed me to

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Speaker 4: grow up with I.

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Speaker 5: Think that sort of mindset of the money comes but

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Speaker 5: also allow me the space to be creative, which is.

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Speaker 4: Where my talents were.

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Speaker 5: So I think that although I'd like maybe not to

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Speaker 5: be so shielded at times, and probably why I give

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Speaker 5: myself such a lower score, I'm very grateful for the

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Speaker 5: journey that that has led me on because it, I guess,

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Speaker 5: goes to show that creative fields often get a bad

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Speaker 5: rap for not being well paid, and I think that

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Speaker 5: it is easier to fall into that because of how

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Speaker 5: hard you have to work at it. But yeah, I

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Speaker 5: think that really it shows that where your passions lie.

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Speaker 5: If you can find your sort of grieve in that field,

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Speaker 5: it can be really prosperous and you can really make

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Speaker 5: it work financially if you just play your cards right

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Speaker 5: and yeah, do the right things, make the right moves,

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Speaker 5: and keep at it.

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Speaker 2: Totally tell me a little bit more about life. So

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Speaker 2: you've mentioned in your letter in that your husband and

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Speaker 2: I started in retail. How did you guys meet and

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Speaker 2: were you always on the same money page.

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Speaker 4: We have always been.

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Speaker 5: On the same money page in terms of believing that

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Speaker 5: money comes and money goes, and we very much work

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Speaker 5: off the mindset that the money is out there, we

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Speaker 5: just need to go. I'll make it ours in whatever

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Speaker 5: we need to do. So I think yes. In terms

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Speaker 5: of how we got into property, not so much. He

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Speaker 5: was very anti debt, anti loan, didn't want to get

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Speaker 5: involved in any of that, kind of like big debt.

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Speaker 4: He was had very.

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Speaker 5: Strong views on that. And I come from the mindset

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Speaker 5: of using other people's money or trying to use other

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Speaker 5: people's money.

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Speaker 4: To make something of that.

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Speaker 5: And so I sort of, you know, got in there

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Speaker 5: and slowly but surely chipped away at his beliefs and

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Speaker 5: convinced him to get into property. So we did meet

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Speaker 5: through work in retail and have built what we have

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Speaker 5: today because of the foundations of what we've worked on

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Speaker 5: with our money, and also the skills that we've gained

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Speaker 5: with working through other organizations and that as well.

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Speaker 4: Love.

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Speaker 2: So tell me about your first property purchase, Like, how

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Speaker 2: did you say for the deposit? How much did it cost?

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Speaker 5: All of those So the very first deposit that we saved,

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Speaker 5: we really scratched around so I convinced him to buy

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Speaker 5: a renovation project because that's what I wanted to sort

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Speaker 5: of start with, and so we sold everything we had.

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Speaker 5: We sold one of our cars. We had a really

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Speaker 5: nice big boat that we had imported from the States

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Speaker 5: that were his pride and joy. We also sold that

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Speaker 5: and we just went without for as long as we

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Speaker 5: could to scratch up as much as we needed. We

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Speaker 5: talked to a lot of people as well that were

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Speaker 5: sort of in the property in real estate industry and

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Speaker 5: developers and that and challenged the mindset of needing a

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Speaker 5: twenty percent I think deposit, which at the time was

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Speaker 5: sort of everyone's like we needed twenty percent deposit to

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Speaker 5: get into property, and other people were saying like, no,

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Speaker 5: you don't really, So we challenged that and we scratched

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Speaker 5: as much I think as what we needed for I

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Speaker 5: think we had like four point nine percent or something

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Speaker 5: like that.

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Speaker 4: So we were able to.

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Speaker 5: Borrow off that and we bore brought a renovation project

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Speaker 5: to completely strip and do up as our first renovation.

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Speaker 5: We gave ourselves twelve months to do it, and we

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Speaker 5: borrowed my parents' caravan for three of those months and

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Speaker 5: lived in the backyard slowly chipping away it, renovating it

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Speaker 5: to do it up so fully, gutted it, styled it,

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Speaker 5: put it on the market twelve months, pretty much on

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Speaker 5: the dot later, and made a little profit from it,

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Speaker 5: and did it all again.

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Speaker 2: I love that. So what did you purchase for? And

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Speaker 2: then what did you ultimately sell for?

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Speaker 5: So the initial purchase price was I think four hundred

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Speaker 5: and thirty thousand for that one, and we sold for

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Speaker 5: six hundred and fifty.

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Speaker 2: Oh my god. And what do you reckon? You invested

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Speaker 2: over that period of time to get such a good

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Speaker 2: return all up?

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Speaker 4: It was one hundred and thirty investment.

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Speaker 2: Oh how good is that?

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Speaker 4: Yeah? So for our first moie, we were pretty stoked

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Speaker 4: with that.

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Speaker 2: I find that most people when they do their first

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Speaker 2: rend of if they're like, look, I'm going to start

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Speaker 2: flipping homes, they like completely underestimate how much this is

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Speaker 2: going to cost in time and energy, in effort, in

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Speaker 2: like literally everything, and they blow their budget. And often

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Speaker 2: you see and you'd probably see this as well, people

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Speaker 2: just breaking even and they're like, oh, I'm glad I

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Speaker 2: got out of that. If I do that again, here

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Speaker 2: are all the things I would do differently. But to

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Speaker 2: do that on your first time is incredible.

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Speaker 5: So we then use the equity and reborrowed to another

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Speaker 5: one before we'd even sold that one actually, oh my goodness,

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Speaker 5: which was a smaller sort of townhouse project. And we

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Speaker 5: have always just been very open and creative two deals

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Speaker 5: and because there's always a way around. There's always someone

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Speaker 5: that you can find that needs something from a deal,

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Speaker 5: whether it might be cash, might be time. You know,

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Speaker 5: there's always a way to be able to work something

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Speaker 5: out that's a win win, and I think that we

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Speaker 5: have been very creative in our approach to that.

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Speaker 2: I love that. So talk to me about you've gone

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Speaker 2: from that first project which you sold for six hundred

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Speaker 2: and fifty five thousand, how many properties have you done now?

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Speaker 4: I think in total it's we must be on.

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Speaker 2: Five on five. Yeah, oh my gosh.

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Speaker 5: We have put a pause on it for the moment

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Speaker 5: and had actually since COVID we'd probably get back into

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Speaker 5: it this year. We'll hope to get back into it

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Speaker 5: this year. But we sold our last one the first

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Speaker 5: weekend of the COVID shutdown.

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Speaker 2: Oh my goodness, that is good timing to get out

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Speaker 2: because then it like completely dropped and I mean it

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Speaker 2: has recovered since, but like you were probably breathing a

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Speaker 2: sigh of relief that you didn't have to go through

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Speaker 2: home inspections while in lockdown, right.

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Speaker 5: Yeah, well it was very interesting. I mean, in hindsight,

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Speaker 5: you know, if we had kept it, it would have been

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Speaker 5: a really good same position. But it worked for us,

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Speaker 5: and we were able to sort of pull all of

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Speaker 5: our money out of the property and invest that into

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Speaker 5: the business.

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Speaker 4: That we have now.

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Speaker 2: I love that, So talk to me more about the

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Speaker 2: business that you have now, because it's come from being

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Speaker 2: property flippers, hasn't it.

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Speaker 4: Yeah, that's right.

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Speaker 5: So we were involved in aging our properties for sale,

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Speaker 5: so we really sort of impact in how that made

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Speaker 5: to the presentation and to the engagement and that of

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Speaker 5: people buying. So it really did impact our prices in

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Speaker 5: most of our deals, and so being able to help

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Speaker 5: other people that are on that same trajectory in terms

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Speaker 5: of their renovations or their builds is really nice. But

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Speaker 5: we ultimately, yeah, deal with it every day. So we

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Speaker 5: purchased this a little side hustle to support our flipping,

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Speaker 5: and when COVID happened and we were unsure of what

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Speaker 5: the property market was going to do, we made the

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Speaker 5: decision to pull everything out of property and invest it,

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Speaker 5: throw it all at this staging because we're getting a

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Speaker 5: lot of traction there. So that's what we did, and

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Speaker 5: because we knew so many people in the industry. It's

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Speaker 5: just sort of snowballed from there, I think because we

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Speaker 5: come from that really like caring background in how like

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Speaker 5: the impact that actually has on someone be an asset,

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Speaker 5: Like for most people, property is the biggest thing transaction

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Speaker 5: that they will deal with. And being able to make

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Speaker 5: that impact of thirty to seventy to one hundred K

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Speaker 5: difference just with the investment of staging, it's huge, and

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Speaker 5: it's still not enough people are educated or know about

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Speaker 5: that presentation or think about the VIA's psychology that goes

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Speaker 5: into the presentation of that space. So it's really exciting

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Speaker 5: and really fun and interesting and has so much to offer.

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Speaker 2: I love that so much. So getting back into the

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Speaker 2: nitty gritty questions, what is your official job title now

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Speaker 2: and how much money do you earn? So I'm self

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Speaker 2: employed obviously as a company creative director, and my base

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Speaker 2: salary I pay myself is one hundred and fifty K

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Speaker 2: plus bonus, and then also have a fifty percent profit

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Speaker 2: share on the profits of the business as well. Oh

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Speaker 2: how good. So what would your tax return come out

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Speaker 2: to on average each year tax route?

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Speaker 5: I think the last one was around one hundred and

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Speaker 5: fifty thousand.

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Speaker 2: Yeah, so when you talk about bonus and stuff, that's

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Speaker 2: not very regular because if your base is one p

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Speaker 2: fifty and then bonus plus profit shared, does that mean

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Speaker 2: like it's not there yet or like I'm just trying

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Speaker 2: to engauge, like how much you get to take home?

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Speaker 5: Yes, absolutely, so it's sort of anything from three to

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Speaker 5: five hundred, three hundred and five hundred thousand.

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Speaker 4: We do invest a lot back.

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Speaker 2: Into the business, yeah, fair as most small businesses do. Right,

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Speaker 2: Like I feel like everyone's like, oh my god, is

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Speaker 2: that all profit? And then it's like no, no, that

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Speaker 2: all has to go back into inventory and stock and

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Speaker 2: staff and logistics and all of the boring stuff.

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Speaker 4: Yes.

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Speaker 5: Yeah, and we have in the last five years, we

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Speaker 5: have very strategically we invested much of it back, so

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Speaker 5: we sort of say feed the beast.

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Speaker 2: Yeah, one hundred percent.

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Speaker 5: So between furniture and team member investment has been a

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Speaker 5: big one for us this year.

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Speaker 2: Yeah, totally. And is your husband employed by that business

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Speaker 2: as well or is oh cool? And are you both

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Speaker 2: earning about the same Yes, awesome, how good? All right,

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Speaker 2: tell me a little bit more. You've obviously got some

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Speaker 2: good income in addition to building a really solid business.

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Speaker 2: What are your big money goals at the moment? Is

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Speaker 2: to get into another property to flip or are there

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Speaker 2: other things going on?

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Speaker 4: Yeah? Absolutely, So we have been working very hard.

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Speaker 5: Also, everything that we do, all the way that we

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Speaker 5: manage our money is very sort of structured, and we

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Speaker 5: have been working on the last few years to strategically

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Speaker 5: create investment money. So we're looking at a commercial investment

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Speaker 5: to support our business.

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Speaker 4: In warehousing, that's one of our biggest costs.

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Speaker 2: Yeah, that would be one of the hardest things, right

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Speaker 2: because like, if you're doing property styling, I'm assuming you

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Speaker 2: have a lot of big, large, bulky items to store.

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Speaker 4: Absolutely, how are.

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Speaker 2: You managing that at the moment?

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Speaker 5: Well, the good thing is that it's always in and out,

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Speaker 5: So if we have a full warehouse, then we're not

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Speaker 5: necessarily doing that.

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Speaker 2: Great, Oh thank you God, Like I can't imagine. You're like, yeah,

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Speaker 2: so I just have to store like seven couches, Like, oh.

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Speaker 4: Yeah, we know.

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Speaker 2: We're talking hundreds, oh my goodness, hundreds of it. So

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Speaker 2: if they're obviously all out, but like what if not

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Speaker 2: even half of them are back, where are we keeping

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Speaker 2: like fifty couches?

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Speaker 5: So we have around twenty two hundred squamen is warehousing

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Speaker 5: and that means that at Christmas time, especially when the

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Speaker 5: market sort of slows right down and a lot of

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Speaker 5: things come back, we are very full.

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Speaker 2: Yeah wow, oh my goodness. And obviously purchasing or like

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Speaker 2: going down the commercial route would make a lot of

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Speaker 2: sense in that aspect because you're probably paying a lot

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Speaker 2: of rench to somebody else at this point, that's right.

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Speaker 5: Yeah, So we're currently exploring that option as well as

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Speaker 5: some other sort of share avenues as well, just to

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Speaker 5: start to get that money working a little bit harder

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Speaker 5: from our savings.

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Speaker 2: So so good, All right, let's go to a really

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Speaker 2: quick break and on the flip side, I want to

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Speaker 2: talk a little bit more about investments and then debt

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Speaker 2: and your best and worst money habits, So guys don't

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Speaker 2: go anywhere, all right, money diarist, We are back, and

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Speaker 2: you mentioned before that you are trying to free up

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Speaker 2: some cash to make some more investments, and I want

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Speaker 2: to know more about that what investment strategy are you

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Speaker 2: planning on implementing over the next few.

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Speaker 4: Years, So particularly real estate. That's obviously really.

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Speaker 2: I did not see this coming from you. That is

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Speaker 2: actually so crazy.

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Speaker 5: Yeah, so commercial real estate is one of our big

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Speaker 5: strategies that we want to get into and also some

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Speaker 5: back into what we're passionate about and where it all

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Speaker 5: started in that residential sector as well. I really like

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Speaker 5: the concept of having residential properties to rent that provide that.

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Speaker 4: Sort of cash balance and flow there.

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Speaker 2: So love And are you like, do you have any

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Speaker 2: other investments in any other areas currently?

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Speaker 1: No?

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Speaker 2: Cool? Very cool? Do you pay yourself super as a

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Speaker 2: small business?

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Speaker 4: Absolutely?

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Speaker 2: So you do have other investments? Oh well sorry, yes,

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Speaker 2: So talk to me about how you're handling your SUPER,

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Speaker 2: because I feel like small business owners always overlook paying

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Speaker 2: themselves SUPER and then it's ten years down the road

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Speaker 2: and they're like, I wish I started this earlier when

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Speaker 2: you were setting up your business. And obviously you guys

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Speaker 2: are able to take out some like nice profits to

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Speaker 2: have I would say, a relatively comfortable lifestyle. When did

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Speaker 2: super enter the chat?

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Speaker 4: So we'll be.

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Speaker 5: Honest, we did not pay SUPER in the first year and.

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Speaker 2: A half neither did I do not worry. You actually

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Speaker 2: have no money, so like.

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Speaker 4: Cut no money, we were out.

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Speaker 2: Yeah, like we felt broke because we were in the

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Speaker 2: first year.

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Speaker 5: Yes, yep, because we were that's one hundred percent right.

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Speaker 5: But by second year we knew how important it was.

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Speaker 5: We knew we needed to get our ball rolling, so

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Speaker 5: we doubled it up when we could, and now we

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Speaker 5: just consistently pay.

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Speaker 4: Yeah, a little bit more than what's needed.

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Speaker 2: Oh good, good, All right. To talk to me about debt,

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Speaker 2: you said at the start, like getting your husband to

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Speaker 2: purchase his first like property with you was really hard

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Speaker 2: because he was really averse to debt. Talk to me

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Speaker 2: about the debts that you currently have and how you

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Speaker 2: guys feel about them.

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Speaker 5: Personal debt is only we only have our mortgage. Business wise,

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Speaker 5: company wise, we have obviously a lot between vehicle lines,

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Speaker 5: mostly vehicles actually, and some furniture loans. But yeah, besides that,

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Speaker 5: our loans are obviously a lot bigger now because you know,

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Speaker 5: when you have multiple trucks and vehicles, those loans are

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Speaker 5: not cheap to come by.

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Speaker 2: The Yeah, because we're not. Just to be clear for

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Speaker 2: everybody playing along at home, you didn't go out and

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Speaker 2: by yourself a ferrari. We're talking about vehicles to transport

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Speaker 2: furniture for your business, am I right? Yes, that's yeah,

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Speaker 2: because some small business owners have a luxury vehicle inside

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Speaker 2: their business.

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Speaker 4: Yes.

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Speaker 5: And I'm very well aware because he did also sell

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Speaker 5: a sports cub when we got into I'm very well

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Speaker 5: aware and reminded very regularly that I owe him both

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Speaker 5: a boat and a sports car.

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Speaker 2: Okay, yeah, I mean they're both very good goals, so

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Speaker 2: I'm thinking big yeah.

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Speaker 4: Absolutely so.

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Speaker 5: No, we haven't treated ourselves to any kind of luxury

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Speaker 5: things at this point. Even our house is although it's renovated,

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Speaker 5: we did have kept one of our renovation projects.

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Speaker 2: No, I love that. I think it's important.

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Speaker 4: Yeah, so it is. Apart from those loans. We try

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Speaker 4: not to.

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Speaker 5: We try, but if we're going to get into debt

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Speaker 5: for something, that it is for something that's going to

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Speaker 5: work towards achieving our long term goals financially. And I

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Speaker 5: think that that his mindset now he can really see

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Speaker 5: the power of that. I know that when we did

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Speaker 5: first start in the business, we were using a lot

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Speaker 5: of the business's cash, so reinvesting a lot of the

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Speaker 5: cash because we couldn't get loans.

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Speaker 4: Yeah.

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Speaker 2: Absolutely, You've got to prove yourself in a way. That's

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Speaker 2: the hardest period of business, right where you're like, I

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Speaker 2: have no track record, but I promise I'm good at

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Speaker 2: what I do.

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Speaker 5: That's right, And it's hard to particularly with the loans

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Speaker 5: that we have. They're not just regular like it feels

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Speaker 5: that you have to really tell people. But you know,

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Speaker 5: we want furniture, but this is what it does, and.

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Speaker 2: Yeah, it's actually an asset for our business in the

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Speaker 2: same way like a beauty therapist would buy a laser machine.

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Speaker 2: We need to actually look at this and what even

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Speaker 2: like depreciation on these pieces of furniture looks like. So

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Speaker 2: I'm assuming that there are a lot of spreadsheets.

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Speaker 5: There's a lot of spreadsheets, and we both really enjoy them,

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Speaker 5: and he actually is extremely good at spreadsheets, thank goodness.

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Speaker 5: But yes, there's a lot of debt there, but it

385
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Speaker 5: works for the business.

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Speaker 2: Yeah, awesome.

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Speaker 5: Yeah, so it's been a very interesting journey, I suppose

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Speaker 5: from that mindset totally.

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Speaker 2: So talk to me about what you think your best

390
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Speaker 2: money habit is.

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Speaker 5: My best money habit would be saving I always put

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Speaker 5: money aside of my personal gym habits my personal care,

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Speaker 5: my personal development. So I'm very good at that, and yeah,

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Speaker 5: I think that that's really paid off.

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Speaker 2: I adore that. So tell me on the flip side,

396
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Speaker 2: what do you think your worst money habit is the same?

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Speaker 4: The same.

398
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Speaker 5: I think that I'm such a good save us sometimes

399
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Speaker 5: and I focus so much on saving that I forget.

400
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Speaker 4: To maybe reward myself with my own money.

401
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Speaker 2: I mean, that's not the worst thing in the entire world.

402
00:19:08,920 --> 00:19:11,280
Speaker 2: But at the start of this episode you did say, look, bet,

403
00:19:11,359 --> 00:19:14,200
Speaker 2: I reckon my money story and like my money grade

404
00:19:14,320 --> 00:19:17,440
Speaker 2: is a C. But then you're like, oh, I've flipped properties,

405
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Speaker 2: Like we really are responsible with our income, Like you know,

406
00:19:20,800 --> 00:19:23,320
Speaker 2: we pay ourselves well because the business is doing well,

407
00:19:23,359 --> 00:19:25,159
Speaker 2: but like I mean, we don't take a lot of

408
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Speaker 2: profit out and this is how we're reinvesting, and this

409
00:19:27,600 --> 00:19:30,719
Speaker 2: is how we're thinking of like investing into the business.

410
00:19:30,720 --> 00:19:32,600
Speaker 2: Like you want to talk about commercial real estate and

411
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Speaker 2: maybe we'll get back into like flipping properties ourselves. Gol,

412
00:19:36,280 --> 00:19:38,399
Speaker 2: what are you talking about? C And then you're like

413
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Speaker 2: really good at saving, and then also your worst habit

414
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Speaker 2: is saving, Like how are you a seat? Please tell me?

415
00:19:43,760 --> 00:19:46,480
Speaker 2: Look when you put it like that I'm like, hold on,

416
00:19:46,560 --> 00:19:49,240
Speaker 2: hold on, hold on, Like the story's not checking out.

417
00:19:52,119 --> 00:19:53,359
Speaker 4: We could upgrade that to a B.

418
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Speaker 2: Perhaps, Yeah, Like, I mean that's fair, But why are

419
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Speaker 2: you being so harsh on yourself? Is the real question here?

420
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Speaker 5: Sure, there's this always something that you can learn, especially

421
00:20:03,119 --> 00:20:05,679
Speaker 5: with money, we're really not educated with, like what are

422
00:20:05,680 --> 00:20:09,159
Speaker 5: the best decisions for multiple scenarios? I don't think so,

423
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Speaker 5: even as an adult with so many different opinions, you know,

424
00:20:14,080 --> 00:20:17,720
Speaker 5: it's hard to really be confident that you know what

425
00:20:17,760 --> 00:20:20,640
Speaker 5: you're doing is the best for what you've got there.

426
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Speaker 2: Yeah, totally.

427
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Speaker 4: Yeah.

428
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Speaker 5: I think just being like open to having all of

429
00:20:25,840 --> 00:20:28,160
Speaker 5: those different things sometimes can make me be a little

430
00:20:28,200 --> 00:20:30,200
Speaker 5: bit harsh on how and grading myself.

431
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Speaker 2: I feel like the more successful people get, the harsher

432
00:20:33,400 --> 00:20:36,119
Speaker 2: they are on themselves because they're like, oh, like I

433
00:20:36,160 --> 00:20:37,919
Speaker 2: didn't know this, and I thought I was good, and

434
00:20:37,920 --> 00:20:39,920
Speaker 2: then like two years later you're like, oh, my goodness,

435
00:20:40,000 --> 00:20:42,480
Speaker 2: like what else don't I know? So I feel like

436
00:20:42,720 --> 00:20:46,160
Speaker 2: it kind of makes sense if you went back in time,

437
00:20:46,320 --> 00:20:48,280
Speaker 2: what is one piece of advice that you wish, like

438
00:20:48,440 --> 00:20:52,400
Speaker 2: younger you had when you were starting your property styling business.

439
00:20:52,720 --> 00:20:58,320
Speaker 5: Younger me had probably would have been to be okay

440
00:20:58,359 --> 00:20:59,280
Speaker 5: with failing forward.

441
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Speaker 4: Just lean into that, lean into that little bit more

442
00:21:02,960 --> 00:21:03,600
Speaker 4: earlier on.

443
00:21:03,840 --> 00:21:06,720
Speaker 2: Yeah, fair, fair, be it with money.

444
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Speaker 5: And other business decisions, and just kind of laugh in general.

445
00:21:11,160 --> 00:21:14,080
Speaker 5: Just be really comfortable with that failing forward and don't

446
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Speaker 5: let it get you down so much when it does happen.

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Speaker 2: I feel like that's the hardest thing though, Like we

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00:21:18,920 --> 00:21:21,200
Speaker 2: all don't want to fail, but if you don't fail,

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00:21:21,240 --> 00:21:23,480
Speaker 2: you don't learn, and if you don't learn, you don't grow,

450
00:21:23,640 --> 00:21:25,880
Speaker 2: and that's like the worst outcome.

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00:21:27,720 --> 00:21:30,320
Speaker 4: Absolutely, it's worse than the failure in itself.

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00:21:30,040 --> 00:21:32,800
Speaker 2: Right exactly. Oh my goodness, I wish we had so

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00:21:32,920 --> 00:21:35,199
Speaker 2: much more time because this has been so fun. But

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00:21:35,280 --> 00:21:37,840
Speaker 2: thank you so much for doing a money story. It

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00:21:37,880 --> 00:21:40,000
Speaker 2: has been an absolute delight getting to know you and

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00:21:40,080 --> 00:21:42,800
Speaker 2: your business and what's going on, because I feel like

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00:21:42,840 --> 00:21:44,959
Speaker 2: we've all learned a lot from it. So thank you.

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00:21:45,200 --> 00:21:47,399
Speaker 4: You're very welcome. Thank you so much for listening to me.

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00:21:53,520 --> 00:21:56,160
Speaker 2: Did I shared on She's on the money is generally

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00:21:56,320 --> 00:22:00,280
Speaker 2: nature and does not consider your individual circumstances. On the

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00:22:00,280 --> 00:22:03,800
Speaker 2: money exists purely for educational purposes and should not be

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00:22:03,880 --> 00:22:07,240
Speaker 2: relied upon to make an investment or financial decision. If

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00:22:07,280 --> 00:22:09,639
Speaker 2: you do choose to buy a financial product, read the

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00:22:09,640 --> 00:22:14,280
Speaker 2: PDS TMD and obtain appropriate financial advice tailored towards your needs.

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00:22:14,640 --> 00:22:18,560
Speaker 2: Victoria Divine and She's on the Money are authorized representatives

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00:22:18,600 --> 00:22:22,320
Speaker 2: of Money Sherpa Pty Ltd a BN three two one

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00:22:22,520 --> 00:22:26,440
Speaker 2: six four nine two seven seven zero eight AFSL four

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00:22:26,520 --> 00:22:33,840
Speaker 2: five one two eight nine