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

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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. She's on

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

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Speaker 2: the podcast that makes personal finance fun, especially on a Friday.

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Speaker 2: It's our favorite day of the week because we get

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Speaker 2: our team together and we get to celebrate you in

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Speaker 2: our new studios. Still the incredible She's on the Money community. Ms.

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Speaker 2: Just Greech's here and she's sharing our favorite money wins

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Speaker 2: from the Facebook group. Miss becksay Ed is sharing her

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Speaker 2: broke tips and we're going to be helping to answer

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Speaker 2: a money dilemma, which this week is all about getting

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Speaker 2: declined for a credit card. Then you slid into our

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Speaker 2: dams about something whether you should hide your financial glow

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Speaker 2: up from your friends. Spicy. But before we get there,

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Speaker 2: how have your weeks been personally.

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Speaker 3: Really really really good, really fun? Just like, don't you

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Speaker 3: have a good week? Come in and been like it's

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Speaker 3: a bad week. Jess comes in and she's like, yep, so.

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Speaker 2: The hole in my roof is like floater and like it. No,

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Speaker 2: Beck lives in the world with none. She's like, no,

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Speaker 2: nothing worries me. And then you'll be like, oh, I

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Speaker 2: didn't your housemate mentioned that the front of your house

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Speaker 2: was falling off. It's not a problem. Sunshine.

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Speaker 3: We do get a ray of sunshine in the house now,

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Speaker 3: which is great. No, I'm trying to think, like, and

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Speaker 3: this is what I kind of feel bad about it

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Speaker 3: because I'm like, oh, I want to bring something juicy

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Speaker 3: to the table, but so far when I'm getting we

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Speaker 3: have p mess like everything is just like awful.

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Speaker 2: But it's not.

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Speaker 3: PMS week and so gorgeous week, beautiful, sunny, live, love laugh.

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Speaker 2: I like that. I do like that for me. Yeah,

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Speaker 2: it's louty your face, So I would like to eat

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Speaker 2: absolutely everything in my sight and you know when you

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Speaker 2: sometimes just I don't know if other people track their

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Speaker 2: cycles as much as I do. I am do Bluelu,

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Speaker 2: but I completely forgot where I was at. I was

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Speaker 2: like walking around the office and I was like, I'm

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Speaker 2: so hungry. I could literally eat like ten croissants, Like

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Speaker 2: if you put another one in front of me, I

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Speaker 2: would eat it. And one of the people in my

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Speaker 2: office was like, luty your phase and I was like, yep,

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Speaker 2: they're like same, and I was like, oh, you should

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Speaker 2: get started. And then then we went and got croissants

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Speaker 2: started just like I have star Do you have startups?

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Speaker 2: You said the same person. It was Zara. We like

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Speaker 2: two peas in a pod in sync. Now. She told

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Speaker 2: me to get start us. I am obsessed and it's

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Speaker 2: so great. That's a money win.

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Speaker 3: So Jess, my partner, and I use it so I

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Speaker 3: can track her cycle, she can track mind and so

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Speaker 3: like if she's in the Holy Teal phase, I'll know

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Speaker 3: to bring snap.

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Speaker 2: So just do you send I haven't sent it to

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Speaker 2: anybody else yet, and the people that suggested it or

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Speaker 2: Zara who suggested it works with me, and I don't

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Speaker 2: know if I'll want to cross that boundary. Yet that's

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Speaker 2: so we do hold our phones up to each other

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Speaker 2: and I'm like, look, I'm here, and then I have

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Speaker 2: my aura ring and I track it on that and

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Speaker 2: with natural cycles as well, So like I think I

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Speaker 2: have three apps at the moment, just like tracking my

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Speaker 2: body lead good. I love that for us. Beck Moving

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Speaker 2: on from this though, mister, how's your week being?

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Speaker 4: Not to bring the sad girl vibe? I don't want

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Speaker 4: to be the rain cloud, which.

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Speaker 2: Is how can it's sad and all emotions are welcome,

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Speaker 2: thank you.

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Speaker 4: I feel very safe. Oh you know, it's nothing too bad.

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Speaker 4: I just you, guys know, I like thought that maybe

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Speaker 4: I was gonna buy a house and then it didn't happen.

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Speaker 2: It didn't happen for a reason, Jessica.

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Speaker 4: It just like it's so disheartening. I feel like cost

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Speaker 4: of living is just ourly. We were talking about Easter

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Speaker 4: last week. It was just like a silly little thing.

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Speaker 4: But like I'm just and I know that everyone else

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Speaker 4: is feeling it too, and so I don't want to

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Speaker 4: be like, oh it's just me that's having such a

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Speaker 4: hard time. But it's just so hard and so expensive

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Speaker 4: to be alive right now. And I just am like

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Speaker 4: did you and your things just feel so insurmountable. It

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Speaker 4: feels like it's just never gonna happen, and I've never

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Speaker 4: gonna be able to a waterhouse and I'm just gonna

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Speaker 4: rend forever and be sad always.

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Speaker 2: It's not true, But we also need to contextualize it. Right, So,

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Speaker 2: you grew up and we have shared a lot about

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Speaker 2: your money story and that you know your parents were

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Speaker 2: budget conscious and whatnot, But like we need to remember

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Speaker 2: that in the early nineties or during the nineties when

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Speaker 2: we were born, if our parents earned eighty thousand dollars,

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Speaker 2: for us to achieve the same lifestyle that they had

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Speaker 2: on that eighty thousand dollar income today, we need to

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Speaker 2: earn close to three hundred thousand dollars. And I think

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Speaker 2: that there is this massive disconnect between what lifestyle we

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Speaker 2: have grown up with. We're not saying that we're being entitled,

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Speaker 2: but like you know, Jess, for example, loves Easter. Every

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Speaker 2: Easter has gotten Easter eggs. That is now becoming something

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Speaker 2: that we're like, hold on, does that actually fit in

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Speaker 2: our budget anymore? But it's not something that we've ever

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Speaker 2: questioned needing to fit in our budget before. So it

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Speaker 2: feels not just uncomfortable, but it feels like it's irrational.

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Speaker 2: It feels like, that's crazy. Why couldn't I afford an

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Speaker 2: Easter egg? And like, please, don't get me wrong. We

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Speaker 2: can acknowledge that there are families out there that are

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Speaker 2: doing their best and that's never been an option for them.

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Speaker 2: We're not talking about, you know, oh my god, we

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Speaker 2: can't afford this luxury in life. But more a lot

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Speaker 2: of us are being fronted with the reality that the

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Speaker 2: lifestyle that we lived is actually completely unsustainable now. And

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Speaker 2: it's actually not your fault. It's not due to you

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Speaker 2: can't out budget. The fact that we don't have enough

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Speaker 2: money to live the life we historically had because inflation

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Speaker 2: has taken over how much our income has increased, right,

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Speaker 2: And so we're now in a situation where what we

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Speaker 2: could afford even five, eight, ten years ago is now

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Speaker 2: not what we can afford today. And like that is

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Speaker 2: really real and really disheartening because saving for your first home,

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Speaker 2: Jess can tell you, it's not a one year of savings,

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Speaker 2: is it, Jess, No, And I would.

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Speaker 4: Say it is better deposit than a lot of people.

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Speaker 2: And a better deposit than when we started talking about

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Speaker 2: this journey three or four years ago, and like, you've

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Speaker 2: been on this beautiful like you came to cheese on

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Speaker 2: the money, you've gotten out of debt, like and now

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Speaker 2: you've saved up your house deposit. But even when you

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Speaker 2: started saving up for your house deposit, that marker in

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Speaker 2: time had such different expectations and you were like, Okay, cool,

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Speaker 2: I'm locked and loaded. I'm going to start saving, And like,

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Speaker 2: why would you revisit the goalposts? If you knew in

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Speaker 2: your head you needed to save forty thousand dollars or

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Speaker 2: eighty thousand dollars for your first home deposit, why would

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Speaker 2: you go back and be like is that still reasonable?

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Speaker 2: Is that still reasonable? Consistently? Now, Jess is in this

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Speaker 2: situation where she's finally like I got the money, I've

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Speaker 2: got the juice, let's go. And then someone's like, oh,

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Speaker 2: did you know that you can't go now? And that's disheartening.

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Speaker 2: That feels like trash. I get.

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Speaker 4: Yeah, it's kind of like you hit a point where

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Speaker 4: you go because I would say like, yeah, I agree,

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Speaker 4: like east eggs are totally right, is a luxury, but

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Speaker 4: it also is kind of giving, like avocado toast right, like, yes,

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Speaker 4: not buying the ten dollar easter egg is not going

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Speaker 4: to make or break a house deposit. And you get

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Speaker 4: to a point where you go, well, how much more

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Speaker 4: can I cut? Because I would say I'm pretty good.

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Speaker 2: With she's got the best cash flow system?

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Speaker 4: Yeah where I got that from. I would consider myself

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Speaker 4: pretty good, pretty happy to cut things from my budget.

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Speaker 4: I live well below my means. I save over seventy

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Speaker 4: percent of my income. And it's like even doing what

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Speaker 4: feels like all the right things. And I'm sure I'm

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Speaker 4: not the only one who's like that, and you still

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Speaker 4: can't get there. Yeah, I just yeah, it's gotta be

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Speaker 4: my feels at the moment. It's really hard, really Yeah, Anyway,

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Speaker 4: I'm sure there are lots of other people feel the

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Speaker 4: same way. I don't want to be like, oh woe

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Speaker 4: is me, no special snowflake feeling like this, but no.

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Speaker 2: And I think it's a good conversation to have because

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Speaker 2: it's going to be relatable. But that doesn't mean we

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Speaker 2: don't understand that other people have it worse. But I

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Speaker 2: think that there is definitely and I'm seeing this a

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Speaker 2: lot on social media where people are sharing their struggles

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Speaker 2: or people are sharing the issues they're having or just

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Speaker 2: the things that are taking them off, and other people

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Speaker 2: jump in immediately and say, yes, but Jessica, other people

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Speaker 2: have it worse. But that doesn't necessarily mean that you

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Speaker 2: aren't experiencing an emotional response to an issue or something

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Speaker 2: that's arisen in your life. And I think we could

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Speaker 2: do amount and be like, yeah, just of course people

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Speaker 2: have it worse, But that doesn't mean that my situation

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Speaker 2: isn't valid. That doesn't mean that my feelings aren't valid,

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Speaker 2: or even that my experiences and my goals aren't valid anymore.

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Speaker 2: And I think that by you know, saying to other

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Speaker 2: people other people have it worse, it just dismisses the

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Speaker 2: fact that you care about your own goals. It dismisses

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Speaker 2: the fact that that's important for you. And I would

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Speaker 2: hate for anyone, regardless of whether their goal is to

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Speaker 2: get into their first home or get out of debt

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Speaker 2: or get their first job, to feel like their issue

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Speaker 2: is being dismissed. But it's not like there could be

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Speaker 2: people in our community who were like, I'm so stressed

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Speaker 2: because my million dollar portfolio is going up and down

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Speaker 2: and that gives me anxiety. But it's also like we

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Speaker 2: would go must be nice, but at the same time

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Speaker 2: that must be causing them genuine stress.

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Speaker 3: Yes, yes, fully, but also it is genuinely comforting. Not

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Speaker 3: like to say that I'm enjoying this at all, but

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Speaker 3: it's genuinely comforting to know because it hits people at

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Speaker 3: certain times, Like there'll be times where I'll be, you know,

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Speaker 3: buying I'm.

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Speaker 2: Not buying coffee anymore, but this is the thing. As

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Speaker 2: we did try the other day and we were like, no, no, no, no, no.

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Speaker 3: I'm very grateful for but I'm like, why is it

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Speaker 3: like I'm not that I'm definitely under one hundred k

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Speaker 3: I'm probably like, I don't know, somewhere between fifty and eighty.

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Speaker 3: I can't really calculate it very well for some reason,

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Speaker 3: it's just always been confusing. But I saw I'm by

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Speaker 3: no means like under the poverty line, but I'm also

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Speaker 3: not rich as well. But I'm like, why is that

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Speaker 3: not enough to buy myself a coffee? Like why exactly?

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Speaker 3: Saying like how many more things can we cut out?

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Speaker 3: So it's company to know that this cost of living

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Speaker 3: crisis or whatever we're in right now is actually hitting everyone,

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Speaker 3: and it's not just like the people that have always

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Speaker 3: struggled and feel like they always will struggle, and talking

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Speaker 3: about myself in particular here, but I know there are

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Speaker 3: so many people out there that are going to resonate.

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Speaker 3: It is something companying about knowing. Like I think, if

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Speaker 3: you're in it and you've always been broke and you're like,

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Speaker 3: there's no way anyone who is making a decent living

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Speaker 3: is feelings too. It's like, oh no, okay, we're all

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Speaker 3: in this and it really sucks. And the only thing

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Speaker 3: I want to know, I don't know if we know

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Speaker 3: this yet, but does it ever get better? Or is

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Speaker 3: this just it?

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Speaker 2: It feels like getting better. It's it's getting better. And

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Speaker 2: I want to just like reframe this conversation. And we

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Speaker 2: need to remember the tagline of this podcast that is

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Speaker 2: not the tagline. It's like the unofficial when in doubt,

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Speaker 2: zoom out right. We need to look at the bigger

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Speaker 2: picture and what that means. Like excitingly, the cash rate

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Speaker 2: got dropped, and that is so exciting because that is

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Speaker 2: reflective of the fact that the economy is starting to

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Speaker 2: recover and do better, which means that more cash is

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Speaker 2: going to be free to move around the economy. Which

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Speaker 2: is really exciting. Money is going to become cheaper essentially

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Speaker 2: to borrow, and then from money becoming cheaper, people are

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Speaker 2: able to borrow more to purchase houses. So it is

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Speaker 2: going to get easier. There will be more. Yeah, house

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Speaker 2: prices will know rand will stay the same. Everyone, don't worry.

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Speaker 2: It would not get Probably can we go up? No,

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Speaker 2: I just think when in tooub zoom out. But we

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Speaker 2: also need to like sit down and do our budget

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Speaker 2: and do our cash flow so that we can understand

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Speaker 2: our situations. And if you think someone's not being impacted

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Speaker 2: by this, I would say that you're wrong. They probably

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Speaker 2: just don't talk about their financial situation in the way

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Speaker 2: that we do and in the way that I think

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Speaker 2: everyone should, because if you are earning under three hundred

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Speaker 2: thousand dollars, which is a lot of money, you are

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Speaker 2: feeling this because whether it is your mortgage, whether it

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Speaker 2: is your rent, whether it's school fees or even just

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Speaker 2: buying that extra coffee, that is definitely eating into your

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Speaker 2: budget in a way that it never has before. Because

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Speaker 2: like jes we go back to the Easter eggs and

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Speaker 2: we'll loop this, but we go back to the Easter

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Speaker 2: eggs and it's not the easter eggs, it's the straw

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Speaker 2: that broke the camel's back. It's like, you know, over time,

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Speaker 2: we're seeing milk increase, and you know, cheese is ten

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Speaker 2: bucks a bag, and we're laughing at the old ads

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Speaker 2: from was It Coals who did the Curdis Stone ten

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Speaker 2: dollar meals, which I absolutely adored, But now there's all

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Speaker 2: this content online about the ten dollar meals being laughable

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Speaker 2: because a packet of cheese is ten dollars. Yeah, Like,

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Speaker 2: things like that start to increase, and the latest is

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Speaker 2: literally just the chocolates that we thought everyone just like slipped.

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Speaker 2: I don't know, but as I grew up, and even

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Speaker 2: when I was younger, it's that time of year and

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Speaker 2: you know, I don't know, you grab an extra cream egg,

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Speaker 2: get the check out, and like that doesn't impact the

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Speaker 2: budget significantly. But now we're really having to think about

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Speaker 2: these little things that felt like luxuries, but now they're

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Speaker 2: impacting the bigger picture and you're like, well, is that

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Speaker 2: worth it? Yeah? And that's kind of heartbreaking at the

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Speaker 2: same time as being so important to acknowledge, because there

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Speaker 2: are going to be families that are like what do

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Speaker 2: we do, like how do we do this, Like, you know,

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Speaker 2: one kid who wants one egg? Great, what if you

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Speaker 2: have three kids and then that's thirty bucks and that's

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Speaker 2: exactly what you've been spending on, you know, after school activities.

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Speaker 2: And now you've got to decide what does that look like?

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Speaker 2: Because there are families that are cutting at that fine

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Speaker 2: every week. Like, it's not normal at the moment, from

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Speaker 2: what I'm seeing in our community, from what I'm seeing bigger,

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Speaker 2: it's not normal to have significant amounts to save, significant

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Speaker 2: amounts to invest. And maybe we need to think about

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Speaker 2: this is a season of life and maybe come together

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Speaker 2: more as a community to go this is really crap, Jess,

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Speaker 2: But it's not going to be forever. Yeah, So how

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Speaker 2: do we create that light at the end of the tunnel.

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Speaker 2: Is that more content on what the cash rate's going

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Speaker 2: to do and what the economy is going to look like?

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Speaker 2: Is it more content on affordable housing?

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Speaker 1: Is it?

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Speaker 2: Like I don't know the answer to that, but I

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Speaker 2: do know that talking more about money makes everything easier,

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Speaker 2: not necessarily financially. But to put your hand up and

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Speaker 2: be like actually me too, Oh yeah, actually that is

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Speaker 2: stressful and like even you sharing that, Jess, Beck was

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Speaker 2: immediately like, Oh, I'm glad it's not just me who's struggling,

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Speaker 2: even though it's a different situation. Yeah, so many of

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Speaker 2: our listeners are going to go me too. I thought

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Speaker 2: it was just me.

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Speaker 4: Yeah, I feel your.

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Speaker 2: Pang, guys, one out of ten. Let's change the mood

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Speaker 2: up a little bit before we get into our broke

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Speaker 2: tips and our money winds and confessions. Would you, guys,

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Speaker 2: I don't know if you're interested in a five star

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Speaker 2: really it absolutely need it. This is from Angel and

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Speaker 2: she says I'm in lovely She's on the money. Hey,

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Speaker 2: gorgeous girls, just wanted to let you know that I've

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Speaker 2: been absolutely loving your episodes. The mix of chit chat,

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Speaker 2: insights from money diaries, and more specific education epps are perfect.

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Speaker 2: I've literally built my own emergency fund, started investing and

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Speaker 2: saving because of you girls.

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Speaker 5: Oh.

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Speaker 2: Pes very thankful for Beck and her asking VD the

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Speaker 2: questions that I'm always thinking. It's like when you're in

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Speaker 2: school and no one wants to ask the teacher to

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Speaker 2: re clarify something. Well, I'm very thankful to have Beck

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Speaker 2: to do that for me. Plus, she's really funny and

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Speaker 2: I feel like she always gets mean yes, so nice. Yes,

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Speaker 2: you are a little ray of sunshine. The bands between

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Speaker 2: you make me feel like I'm listening to my girlfriends

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Speaker 2: have a chat. Love you girls. That is so nicely sweet. Yes,

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Speaker 2: thank you Angel. I love that literally, thank you Angel.

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Speaker 2: So sweet. All right, now let's get into it, Jess.

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Speaker 2: What's been happening in our community this week?

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Speaker 5: All right?

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Speaker 4: Well, firstly, very on theme, I've got a money win

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Speaker 4: from Rachelle who said, looking at the price for Easter

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Speaker 4: chocolate this year, I was astounded by the increase. I

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Speaker 4: decided to get on the front foot and ask my

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Speaker 4: family if they would be interested in donating a small

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Speaker 4: amount of money around five or ten dollars each instead

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Speaker 4: of buying chocolate for each other this year. Everyone was

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Speaker 4: a big fan of the plans. We pulled together eighty

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Speaker 4: dollars between the eight of us and donated it to

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Speaker 4: the friend Hollows Founday.

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Speaker 2: Oh my gosh, that's such a sweet idea.

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Speaker 4: We saved money as we would have spent much more

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Speaker 4: on chocolate. It's better for our health and it felt

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Speaker 4: really nice to be able to contribute to charity instead.

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Speaker 2: I do it. That's such a good idea. Yeah, great,

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Speaker 2: that's lovely.

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Speaker 4: Next, I've actually got money lost from faith, but she

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Speaker 4: said it was a valuable life lesson. The car wouldn't

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Speaker 4: start due to a dead battery right before school drop

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Speaker 4: off with peak hour traffic, and she had to call

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Speaker 4: a taxi, which was forty five dollars to get Oh. Apparently,

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Speaker 4: her little one said are you upset, mummy, and she

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Speaker 4: smiled and said nope, this will be a fun adventure.

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Speaker 4: You can tell your friends at school. She assured them

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Speaker 4: that they take another taxi home and sort out the

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Speaker 4: battery replacement later that day. The eight year old then asked,

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Speaker 4: is it going to be too much money, and she

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Speaker 4: confidently replied saying not really. I'll be using my emergency fund.

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Speaker 4: The eight year old then turned to her brother and said,

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Speaker 4: that's like the money in your red piggy bank that

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Speaker 4: you can use if something you like so much costs

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Speaker 4: more than what you've saved.

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Speaker 2: So goodness, how the girls that get it get it.

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Speaker 4: She's down four hundred and seven dollars, including a twenty

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Speaker 4: two dollars reward ice cream after school, but her confidence

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Speaker 4: in building financial habits for the kids is skyrocket.

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Speaker 2: A nice your babies get it too. I love the

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Speaker 2: red Bank visual.

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Speaker 4: That's so wholesome.

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Speaker 2: Oh it's like that.

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Speaker 4: Yes, it's easy, exactly like that, like a little moment. Next,

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Speaker 4: I've got a money win from Christie, who said money win.

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Speaker 4: I was a model for a massage college and Baudy Academy.

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Speaker 4: So I got a free one hour remedial massage, a

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Speaker 4: free full skin consult and my deermer planing done.

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Speaker 2: Excuse me, delicious, I know, all for free.

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Speaker 4: That's a huge money win. Next, I've got two Bunnings

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Speaker 4: themed I grouped them together, so one funny I really do,

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Speaker 4: don't we One from Kayler, who said money When she

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Speaker 4: returned leftover items they'd purchased for their renos back to Bunnings.

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Speaker 4: They got a refund for four hundred and ninety seven

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Speaker 4: dollars great, which was a win because they'd just been

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Speaker 4: sitting in the shed. Good one for anyone who does

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Speaker 4: undertake renovations. You can return things to Bunnings. True, tue,

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Speaker 4: I think is fantastic because people tend to overbuy, not

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Speaker 4: use at all.

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Speaker 2: Take it back.

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Speaker 4: And then Rhianna said money win free kids activities at Bunnings.

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Speaker 4: This week it was making a mini garden.

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Speaker 2: And gosh, I saw that, and I thought it was

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Speaker 2: so sweet. And when I saw that, I then went

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Speaker 2: to Bunnings because you guys know that I had been

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Speaker 2: working on Harvey's like little golf cart thing that I've

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Speaker 2: been building, and I saw them doing that at a

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Speaker 2: different It was clearly different Bunnies, but I was like,

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Speaker 2: Oh my gosh, that must be the free kids' activities.

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Speaker 2: And then I resolved in my head that when Pavey's

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Speaker 2: old enough, he can go to those things because it

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Speaker 2: looked so wholesome.

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Speaker 4: Yeah, I think they do them every week or every month,

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Speaker 4: I'm not sure, but they run like on their website, Yeah,

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Speaker 4: it'll be on their website. They run a different activity

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Speaker 4: which is just really cute and a great free activity if.

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Speaker 2: You look a weekend. And also, to add to that

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Speaker 2: sorry side note, lots of council websites have a section

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Speaker 2: of like free kids activities or things going on at

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Speaker 2: the library or in the local community, and that is

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Speaker 2: a great way to engage your kids for literally zero

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Speaker 2: dollars one hundred percent.

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Speaker 4: And then lastly, this week, I've got a money in

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Speaker 4: from Ruth who said, if you're planning on getting takeaway

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Speaker 4: for dinner, order it at lunchtime instead, so you can

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Speaker 4: take advantage of the lunch deals that places off and.

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Speaker 2: Run dinner time.

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Speaker 4: Yes, great idea, she said. He hubby gave her the idea,

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Speaker 4: So shout out to Ruth Hubby. I think that's genius.

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Speaker 2: Oh my gosh, I love that I actually reviewed our budget.

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Speaker 2: It had been a while. I reviewed our budget recently

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Speaker 2: and realized just how many times. And I disclaimer, I

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Speaker 2: don't regret it because I had a baby and I

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Speaker 2: was reaching for the Uber Eats a little bit more

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Speaker 2: than I regularly would. But I realized that Steve and

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Speaker 2: I were ordering way too much Uber Eats, and I've

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Speaker 2: bought a few meals to keep in the pantry slash freezer,

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Speaker 2: so like real quick ones. We're not talking about like,

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Speaker 2: you know, fancy meals which we're planning, but like some

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Speaker 2: frozen beg a sturfry kit and some noodles. Because I

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Speaker 2: realized the amount of times I order sturfry and like

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Speaker 2: noodles and like rice based dishes. I'm like, Victoria, divine

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Speaker 2: rice is so easy to cook. So I've got those

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Speaker 2: in the freezer and I thought, yeah, this maybe adhd

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Speaker 2: short lived, wasn't the other day, I went, I can't

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Speaker 2: be bothered Steve, and he said, don't we have that

431
00:20:46,880 --> 00:20:49,600
Speaker 2: surfry mix? And I was like, we do, And then

432
00:20:49,640 --> 00:20:51,720
Speaker 2: I made sturfry in like fifteen minutes and I was like,

433
00:20:51,800 --> 00:20:53,920
Speaker 2: I'm basically a budgeting coin. Well done.

434
00:20:53,960 --> 00:20:56,240
Speaker 4: I love a frozen dumpling for that reason. Oh yeah,

435
00:20:56,400 --> 00:20:58,560
Speaker 4: like just a big bag that costs you like ten dollars.

436
00:20:58,720 --> 00:21:00,960
Speaker 2: Get them when they're in sale as well. Wait till

437
00:21:01,000 --> 00:21:04,360
Speaker 2: the frozen dumbling's gone. Sal that some like frozen at

438
00:21:04,359 --> 00:21:07,600
Speaker 2: a marmaie some rice. You've got a perfect me. Oh

439
00:21:08,000 --> 00:21:09,800
Speaker 2: my god, that sounds so good. I love it. Miss

440
00:21:09,880 --> 00:21:11,879
Speaker 2: Beck's I ed, what do you bring into the table

441
00:21:11,920 --> 00:21:13,960
Speaker 2: when it comes to broke tips this week? So this

442
00:21:14,040 --> 00:21:17,160
Speaker 2: first one comes from Rose, who was actually a money diarist.

443
00:21:17,520 --> 00:21:18,160
Speaker 2: Oh we love.

444
00:21:18,520 --> 00:21:21,480
Speaker 3: This is comedy related ahead of the Comedy Festival. So

445
00:21:21,480 --> 00:21:23,600
Speaker 3: there's a website you can go to if you're wanting

446
00:21:23,600 --> 00:21:26,200
Speaker 3: to see shows basically free. You can sign up for

447
00:21:26,240 --> 00:21:29,840
Speaker 3: a free membership at promo tics and basically you paid

448
00:21:29,840 --> 00:21:32,399
Speaker 3: two dollars ninety five per transaction to book tickets on

449
00:21:32,400 --> 00:21:35,080
Speaker 3: the show. Say, you can book multiple tickets at once

450
00:21:35,119 --> 00:21:37,359
Speaker 3: if you're going to the show as a couple or

451
00:21:37,400 --> 00:21:39,439
Speaker 3: as a group. Often a show will only put a

452
00:21:39,440 --> 00:21:42,480
Speaker 3: few tickets up, so it's first in best dressed. But

453
00:21:42,600 --> 00:21:45,040
Speaker 3: you'd be surprised how fancy the shows are on there

454
00:21:45,080 --> 00:21:47,200
Speaker 3: sometimes if you keep an eye out. So promo tics

455
00:21:47,200 --> 00:21:50,040
Speaker 3: dot com doctor you was the website, so sign up

456
00:21:50,080 --> 00:21:52,000
Speaker 3: and I feel like this is great to know because

457
00:21:52,000 --> 00:21:54,120
Speaker 3: I did not know this existed, and so every single year.

458
00:21:54,040 --> 00:21:55,359
Speaker 2: I'm like, I'm so excited.

459
00:21:55,760 --> 00:21:59,159
Speaker 3: Wait a second, I can't afford anything, so I am

460
00:21:59,240 --> 00:22:00,440
Speaker 3: very happy that this exist.

461
00:22:00,600 --> 00:22:00,760
Speaker 1: Well.

462
00:22:00,760 --> 00:22:02,720
Speaker 2: The other tip I would say to add to that

463
00:22:02,880 --> 00:22:06,280
Speaker 2: is follow comedians on social media because even though the

464
00:22:06,359 --> 00:22:09,040
Speaker 2: comedy festival is coming up, it is usually a little

465
00:22:09,080 --> 00:22:12,959
Speaker 2: bit more expensive. Because we spoke to a comedian on

466
00:22:13,080 --> 00:22:16,520
Speaker 2: Money Diaries and she was talking about how you know,

467
00:22:16,840 --> 00:22:18,879
Speaker 2: to put on a show, it costs X and you

468
00:22:18,920 --> 00:22:21,160
Speaker 2: have to sell tickets for a minimum of WY. During

469
00:22:21,200 --> 00:22:23,640
Speaker 2: the comedy festival there's limited venues and whatnot, but there

470
00:22:23,720 --> 00:22:26,440
Speaker 2: are shows going on year round, and if you follow

471
00:22:26,480 --> 00:22:29,239
Speaker 2: them on social media, comedians are going to post, oh

472
00:22:29,280 --> 00:22:31,560
Speaker 2: I'm at this pub or I'm at this place, and

473
00:22:31,600 --> 00:22:34,160
Speaker 2: the tickets are usually way cheaper, so you can see

474
00:22:34,160 --> 00:22:36,960
Speaker 2: your favorite comedians year round, and I promise you they're

475
00:22:36,960 --> 00:22:40,040
Speaker 2: going to really appreciate the support that they're getting out

476
00:22:40,240 --> 00:22:42,440
Speaker 2: side of just the most popular week of the year.

477
00:22:42,840 --> 00:22:45,040
Speaker 3: That is so true, actually, and that's something I do

478
00:22:45,040 --> 00:22:47,240
Speaker 3: want to mention. I don't want to say that the

479
00:22:47,240 --> 00:22:49,920
Speaker 3: tickets are not worth it, because so much work goes

480
00:22:49,920 --> 00:22:51,760
Speaker 3: into this. I have a comedian friend who says that

481
00:22:52,640 --> 00:22:54,919
Speaker 3: it's not just like leading up to the show you

482
00:22:55,000 --> 00:22:57,320
Speaker 3: kind of prepare, It's like all year round, all you're

483
00:22:57,359 --> 00:23:00,719
Speaker 3: doing constantly is preparing for the show, looking for content,

484
00:23:00,760 --> 00:23:03,200
Speaker 3: thinking of content. I'm like, God, that would be so exhausting.

485
00:23:03,320 --> 00:23:09,280
Speaker 2: So imagine having to think of content every week. What

486
00:23:09,320 --> 00:23:10,480
Speaker 2: else if you don't do that.

487
00:23:10,440 --> 00:23:14,600
Speaker 3: Right, I would never This next one comes from actually

488
00:23:14,600 --> 00:23:18,320
Speaker 3: a friend who invited me and my partner Jests to

489
00:23:18,480 --> 00:23:20,600
Speaker 3: Geelong on the weekend and she took us to this

490
00:23:20,600 --> 00:23:22,360
Speaker 3: place called feed Me and there's I think there's two

491
00:23:22,359 --> 00:23:24,320
Speaker 3: of these places in Geelong or like in that area.

492
00:23:24,680 --> 00:23:28,480
Speaker 3: And basically, have you guys heard of the lentils as anything? Yes,

493
00:23:28,560 --> 00:23:31,960
Speaker 3: So I don't think we have that anymore.

494
00:23:32,040 --> 00:23:33,200
Speaker 2: No, I don't think we do.

495
00:23:33,520 --> 00:23:36,679
Speaker 3: But content sad, It is really sad for context for

496
00:23:36,760 --> 00:23:39,199
Speaker 3: anyone who's because I didn't about until I moved to Melbourne.

497
00:23:39,200 --> 00:23:41,040
Speaker 3: But it's you kind of like pay what you feel

498
00:23:41,400 --> 00:23:43,280
Speaker 3: the workers of volunteers and things like that, so they

499
00:23:43,280 --> 00:23:46,560
Speaker 3: can pay you can afford. And so we went to

500
00:23:46,600 --> 00:23:49,760
Speaker 3: this place called feed Me and they only open once

501
00:23:49,800 --> 00:23:52,679
Speaker 3: a week I believe, on a Friday, and they have

502
00:23:52,840 --> 00:23:55,520
Speaker 3: all their food donated and you can go in I

503
00:23:55,520 --> 00:23:59,240
Speaker 3: believe on weekends is open but only like the market.

504
00:23:59,560 --> 00:24:01,679
Speaker 3: So the mar it is like fruit and vegetables. You

505
00:24:01,680 --> 00:24:05,080
Speaker 3: can go in literally fill a bag, you can walk out,

506
00:24:05,640 --> 00:24:08,040
Speaker 3: and if you can't afford it, you don't have to pay.

507
00:24:08,359 --> 00:24:10,879
Speaker 3: If you can afford, you just pay what you feel

508
00:24:10,920 --> 00:24:12,080
Speaker 3: or what you've taken whatever.

509
00:24:12,160 --> 00:24:12,439
Speaker 2: It's like.

510
00:24:12,480 --> 00:24:15,359
Speaker 3: It's very you know for people who are just like struggling,

511
00:24:15,359 --> 00:24:18,400
Speaker 3: and it's really can you imagine how kind I don't

512
00:24:18,440 --> 00:24:20,080
Speaker 3: know the people that run that, but can you just

513
00:24:20,160 --> 00:24:24,199
Speaker 3: imagine how kind those people are? I know, Bisness and

514
00:24:24,240 --> 00:24:26,960
Speaker 3: so on Fridays when they open for dinner, that is

515
00:24:27,000 --> 00:24:28,760
Speaker 3: also a pay as you feel, or pay what you

516
00:24:28,800 --> 00:24:33,119
Speaker 3: can afford the situation, which is just so so cool,

517
00:24:33,640 --> 00:24:35,480
Speaker 3: and they have like a menu. The food's really good.

518
00:24:35,840 --> 00:24:38,240
Speaker 3: There are volunteers at work there. The food's donated. I

519
00:24:38,280 --> 00:24:40,240
Speaker 3: think they pay the chef so that you know, the

520
00:24:40,240 --> 00:24:41,320
Speaker 3: food quality is good.

521
00:24:41,640 --> 00:24:45,480
Speaker 2: That's a good idea. And there's an investment absolutely like

522
00:24:45,560 --> 00:24:48,159
Speaker 2: volunteer chef, where do you get his experience? And then

523
00:24:48,160 --> 00:24:50,840
Speaker 2: they go, oh, she she just came in. She just

524
00:24:50,880 --> 00:24:52,480
Speaker 2: said she was a chef, and we believed her.

525
00:24:52,720 --> 00:24:52,960
Speaker 1: Yeah.

526
00:24:53,640 --> 00:24:56,199
Speaker 3: Yeah, but no, I think that's that's really great if

527
00:24:56,240 --> 00:24:58,920
Speaker 3: you're like in that area anyway, and you are just

528
00:24:59,000 --> 00:25:01,960
Speaker 3: struggling for you know, buy to buy, for instance, fruit

529
00:25:01,960 --> 00:25:05,680
Speaker 3: and vegetables can be so expensive. Yeah, So I love

530
00:25:05,720 --> 00:25:09,280
Speaker 3: that one. And then the next one is obviously from myself.

531
00:25:09,440 --> 00:25:11,560
Speaker 3: And I know I mentioned this place a couple of

532
00:25:11,560 --> 00:25:14,639
Speaker 3: weeks ago, but and this is not like by no

533
00:25:14,760 --> 00:25:16,480
Speaker 3: means I have no affiliation, but in.

534
00:25:16,520 --> 00:25:18,800
Speaker 2: Fact they want to sponsor you. They can give you

535
00:25:18,880 --> 00:25:20,920
Speaker 2: what you're doing it for free exactly.

536
00:25:21,040 --> 00:25:23,760
Speaker 3: But so the I mentioned a gym called Base Attack

537
00:25:23,800 --> 00:25:25,040
Speaker 3: a few weeks ago, I maybe it was a couple

538
00:25:25,040 --> 00:25:27,800
Speaker 3: of weeks ago, And I just learned that they also

539
00:25:28,080 --> 00:25:32,000
Speaker 3: have a similar system for people who can't actually afford

540
00:25:32,160 --> 00:25:32,800
Speaker 3: to train, like.

541
00:25:32,840 --> 00:25:33,840
Speaker 2: Some of you can't member.

542
00:25:34,000 --> 00:25:34,520
Speaker 3: So cool.

543
00:25:34,880 --> 00:25:36,600
Speaker 2: I've never heard of that, I know, Well, it's I

544
00:25:36,640 --> 00:25:37,200
Speaker 2: should mention this.

545
00:25:37,200 --> 00:25:39,560
Speaker 3: It's not like all week round, but on Fridays at

546
00:25:39,560 --> 00:25:41,840
Speaker 3: five pm their class is a pay as you feel

547
00:25:41,920 --> 00:25:44,120
Speaker 3: or pay where you can afford, which is incredible because

548
00:25:44,119 --> 00:25:46,320
Speaker 3: I feel like a lot of these gym classes are

549
00:25:46,359 --> 00:25:49,240
Speaker 3: like thirty five dollars for one session or like seven

550
00:25:49,320 --> 00:25:52,600
Speaker 3: thousand dollars per week. So if you can't afford it,

551
00:25:52,680 --> 00:25:54,120
Speaker 3: you can't. You know, you just want to get your

552
00:25:54,320 --> 00:25:56,919
Speaker 3: your session in Friday five pm. I'm not sure if

553
00:25:56,920 --> 00:25:59,480
Speaker 3: they've started yet, but that's the plan moving forward. How

554
00:25:59,520 --> 00:26:02,440
Speaker 3: cool which I thought was just so gorgeous, so basicak

555
00:26:02,480 --> 00:26:03,119
Speaker 3: in Brunswick.

556
00:26:03,240 --> 00:26:05,320
Speaker 2: If you live around there, there might be other ones

557
00:26:05,359 --> 00:26:09,280
Speaker 2: around that are similar or hopefully other gyms are inspired

558
00:26:09,280 --> 00:26:13,280
Speaker 2: by that, sh you would hope. So because we need it,

559
00:26:13,680 --> 00:26:16,399
Speaker 2: I love that. All right, Well with that, let's go

560
00:26:16,440 --> 00:26:18,280
Speaker 2: to a really short break on the flip side. We're

561
00:26:18,280 --> 00:26:21,000
Speaker 2: going to be talking about getting declined when you're applying

562
00:26:21,040 --> 00:26:23,280
Speaker 2: for a credit card, and we're also going to be

563
00:26:23,359 --> 00:26:26,520
Speaker 2: chatting whether you should hide your financial glow up from

564
00:26:26,600 --> 00:26:34,440
Speaker 2: your friends, so guys don't go anywhere. Welcome back, everybody.

565
00:26:34,560 --> 00:26:36,720
Speaker 4: Let's take a listen to this week's money dilemma.

566
00:26:39,200 --> 00:26:41,520
Speaker 2: Hi, there, have you got a money dilemma you just

567
00:26:41,600 --> 00:26:44,120
Speaker 2: can't solve. The She's on the Money team is here

568
00:26:44,160 --> 00:26:47,359
Speaker 2: to help. Every week, we tackle your dilemmas, both big

569
00:26:47,440 --> 00:26:50,119
Speaker 2: and small, to answer your most burning money, career and

570
00:26:50,200 --> 00:26:53,400
Speaker 2: life questions. To get involved, simply head to our website

571
00:26:53,400 --> 00:26:55,520
Speaker 2: and leave us a short voice recording and you might

572
00:26:55,600 --> 00:26:58,159
Speaker 2: just find yourself on the show. Now, let's take a

573
00:26:58,200 --> 00:26:59,920
Speaker 2: listen to this week's money dilemma.

574
00:27:01,920 --> 00:27:03,720
Speaker 5: Here she Is on the Money. I absolutely love the

575
00:27:03,760 --> 00:27:06,320
Speaker 5: podcast and thanks to you. I started investing in twenty

576
00:27:06,400 --> 00:27:09,480
Speaker 5: twenty one. I'm in my third year of my PhD now,

577
00:27:09,520 --> 00:27:11,480
Speaker 5: and I want to know your opinion or any specific

578
00:27:11,520 --> 00:27:13,720
Speaker 5: tips you might have in regards to getting a loan

579
00:27:14,160 --> 00:27:16,480
Speaker 5: or a line of credit, when receiving a stipend or

580
00:27:16,480 --> 00:27:19,359
Speaker 5: what counts as a tax free income which doesn't actually

581
00:27:19,359 --> 00:27:22,320
Speaker 5: count towards borrowing in the eyes of the bank. I'm

582
00:27:22,440 --> 00:27:25,120
Speaker 5: very responsible money, partly due to the education I oversee

583
00:27:25,119 --> 00:27:27,080
Speaker 5: from this podcast, and so I want a point tack.

584
00:27:27,560 --> 00:27:29,720
Speaker 5: I have applied for a credit card with one of

585
00:27:29,720 --> 00:27:32,280
Speaker 5: the main banks with only one thousand dollars borrowing limit,

586
00:27:32,640 --> 00:27:35,159
Speaker 5: and I also have around eighty thousand dollars across my

587
00:27:35,200 --> 00:27:38,399
Speaker 5: savings in share portfolio. Yet I've been declined twice and

588
00:27:38,440 --> 00:27:40,640
Speaker 5: I'm very reluctant to apply again because I don't want

589
00:27:40,640 --> 00:27:43,320
Speaker 5: to damage my credit score. Do you know any banks

590
00:27:43,320 --> 00:27:45,480
Speaker 5: that would allow someone to get a points owning credit

591
00:27:45,560 --> 00:27:49,639
Speaker 5: card making around seventy k per annum on a PhD

592
00:27:50,040 --> 00:27:53,880
Speaker 5: with twenty thousand of that probably being taxable income.

593
00:27:54,200 --> 00:27:58,439
Speaker 3: While this person sounds like operating at a higher frequency,

594
00:27:58,480 --> 00:28:03,399
Speaker 3: that is just like would be human like so intelligent PhD.

595
00:28:03,560 --> 00:28:06,520
Speaker 3: Anyone that mentions those letters even in a sentence and

596
00:28:06,560 --> 00:28:09,320
Speaker 3: not even together. I'm like you, I go to check

597
00:28:09,359 --> 00:28:12,440
Speaker 3: out of this because you are so smart anyway, good

598
00:28:12,480 --> 00:28:12,880
Speaker 3: for you.

599
00:28:13,160 --> 00:28:15,960
Speaker 4: Yeah, I'm gonna say I got nothing to contribute. Call

600
00:28:16,000 --> 00:28:17,480
Speaker 4: that one right to vd ah.

601
00:28:17,520 --> 00:28:21,679
Speaker 2: My goodness. So this is an interesting conversation. There are

602
00:28:21,760 --> 00:28:25,879
Speaker 2: banks that are not going to recognize scholarship income, PhD

603
00:28:26,080 --> 00:28:29,440
Speaker 2: income or tax free income because it is one of

604
00:28:29,760 --> 00:28:32,760
Speaker 2: their risk management plans, like they just have decided to

605
00:28:32,800 --> 00:28:36,919
Speaker 2: blanket do that. You will find that more often than not,

606
00:28:37,080 --> 00:28:39,880
Speaker 2: it's the bigger banks that make those decisions, because I

607
00:28:39,880 --> 00:28:42,680
Speaker 2: would say the bigger the bank, the more vanilla like

608
00:28:42,800 --> 00:28:46,760
Speaker 2: big banks they have the reputation so they can go okay, cool.

609
00:28:47,120 --> 00:28:49,200
Speaker 2: We would like to take the cream of the crop,

610
00:28:49,280 --> 00:28:52,440
Speaker 2: the easy clients, the ones that are the least amount

611
00:28:52,440 --> 00:28:55,320
Speaker 2: of risk, because obviously the lesser amount of risk that

612
00:28:55,320 --> 00:29:00,720
Speaker 2: they're taking on, the more attractive they are to shareholders. Backtrack,

613
00:29:00,760 --> 00:29:03,000
Speaker 2: if I'm going to go buy shares I want to buy,

614
00:29:03,040 --> 00:29:04,840
Speaker 2: I don't know. Most people buy one of the big

615
00:29:04,880 --> 00:29:07,720
Speaker 2: four banks. You're all holding them. If you own an ETF,

616
00:29:07,760 --> 00:29:11,760
Speaker 2: you're all holding them. If you are invested in stobranuation.

617
00:29:12,440 --> 00:29:15,200
Speaker 2: And that's fine. But one of the reasons why they

618
00:29:15,240 --> 00:29:17,520
Speaker 2: are so tried, true and tested is because of how

619
00:29:17,600 --> 00:29:20,800
Speaker 2: vanilla they are, because the mortgages and the loans that

620
00:29:20,840 --> 00:29:24,320
Speaker 2: they issue are coming back. They're not, you know, taking

621
00:29:24,360 --> 00:29:27,600
Speaker 2: more risk. Obviously, the further out you get, when you

622
00:29:27,680 --> 00:29:30,640
Speaker 2: like go to like you know, tier two lenders and

623
00:29:30,720 --> 00:29:34,880
Speaker 2: to tier two credit unions, you are they're taking more

624
00:29:34,880 --> 00:29:38,040
Speaker 2: of a risk. And that's probably where I would start looking.

625
00:29:38,400 --> 00:29:41,760
Speaker 2: So I wouldn't ever submit an application if you're in

626
00:29:41,760 --> 00:29:44,680
Speaker 2: this situation without picking up the phone and having a chat.

627
00:29:44,880 --> 00:29:46,800
Speaker 2: So I would call them and say, how do you

628
00:29:46,880 --> 00:29:50,160
Speaker 2: treat this? Some of them might have declined it because

629
00:29:50,200 --> 00:29:54,280
Speaker 2: you didn't give enough information on your initial application. It

630
00:29:54,400 --> 00:29:58,240
Speaker 2: is relatively uncommon if you have a clean credit history

631
00:29:58,480 --> 00:30:01,560
Speaker 2: for you to have a thousand a credit card rejected

632
00:30:01,800 --> 00:30:05,000
Speaker 2: because you clearly have a income coming in. So I

633
00:30:05,040 --> 00:30:07,280
Speaker 2: would actually pick up the phone and ask for some

634
00:30:07,320 --> 00:30:10,600
Speaker 2: feedback on the first rejected ones, like why it might

635
00:30:10,640 --> 00:30:14,200
Speaker 2: be as simple as we don't accept PhD income as

636
00:30:14,200 --> 00:30:17,400
Speaker 2: a reliable source of income and that really sucks, I

637
00:30:17,480 --> 00:30:20,000
Speaker 2: get it. The second thing you could do is chat

638
00:30:20,040 --> 00:30:22,880
Speaker 2: to a mortgage broker or somebody who broke hiss loans

639
00:30:23,160 --> 00:30:25,520
Speaker 2: and go, well, what does this look like and doing

640
00:30:25,520 --> 00:30:27,960
Speaker 2: some research online. So I did a quick google just

641
00:30:28,040 --> 00:30:31,720
Speaker 2: before and there were a number of different institutions and

642
00:30:31,800 --> 00:30:36,120
Speaker 2: banks talking about how they review income because it is

643
00:30:36,160 --> 00:30:40,120
Speaker 2: actually going to depend on how long your PhD often

644
00:30:40,280 --> 00:30:42,880
Speaker 2: is for as well, because some people will get a

645
00:30:42,920 --> 00:30:45,680
Speaker 2: PhD and at the end of this years they will

646
00:30:45,720 --> 00:30:48,320
Speaker 2: be told it will be reviewed, and other people are

647
00:30:48,320 --> 00:30:51,560
Speaker 2: given a contract for five years and so might be

648
00:30:51,760 --> 00:30:55,320
Speaker 2: seen as more stable. Exactly. So banks wants stability, how

649
00:30:55,320 --> 00:30:57,840
Speaker 2: do we prove that to them? And what does that

650
00:30:57,960 --> 00:31:00,560
Speaker 2: potentially look like? But honestly, the most thing I do

651
00:31:00,600 --> 00:31:02,480
Speaker 2: is pick up the phone you are correct, I wouldn't

652
00:31:02,480 --> 00:31:06,000
Speaker 2: just keep submitting applications and hoping. In fact, before even

653
00:31:06,040 --> 00:31:08,120
Speaker 2: submitting an application, I'd pick up the phone to the

654
00:31:08,200 --> 00:31:10,800
Speaker 2: new lending place and say, hey, what do I need

655
00:31:10,840 --> 00:31:12,880
Speaker 2: to do? How's this going to work? And then the

656
00:31:12,920 --> 00:31:15,160
Speaker 2: other thing I would do is make sure that I

657
00:31:15,240 --> 00:31:19,520
Speaker 2: am checking my own credit history. Are you sure that

658
00:31:19,640 --> 00:31:23,520
Speaker 2: the reason you haven't been rejected is because you had

659
00:31:23,560 --> 00:31:26,120
Speaker 2: bad credit? And I'm not saying that you did this yourself.

660
00:31:26,160 --> 00:31:29,200
Speaker 2: There could be something dodgy on there. Go to You know,

661
00:31:29,280 --> 00:31:32,320
Speaker 2: lots of people in our community use Equifax. It's free,

662
00:31:32,480 --> 00:31:34,960
Speaker 2: download your credit report, have a look at it, check

663
00:31:34,960 --> 00:31:36,920
Speaker 2: out what's on there, see why it might have been

664
00:31:36,960 --> 00:31:39,160
Speaker 2: rejected because it might not actually have anything to do

665
00:31:39,200 --> 00:31:41,040
Speaker 2: with your income and everything to do with the fact

666
00:31:41,080 --> 00:31:44,160
Speaker 2: that there's like four default loans that some scammer has

667
00:31:44,160 --> 00:31:45,560
Speaker 2: put on there. And I don't want to scare you,

668
00:31:45,640 --> 00:31:47,880
Speaker 2: but like, let's start all our eyes and cross all

669
00:31:47,920 --> 00:31:50,480
Speaker 2: our t's and check that. Then make a few calls

670
00:31:50,520 --> 00:31:52,560
Speaker 2: and have a chat, and then if you can't get

671
00:31:52,600 --> 00:31:54,840
Speaker 2: it across the line, talk to a mortgage broker about

672
00:31:54,840 --> 00:31:59,240
Speaker 2: what they know about potentially getting loans. But I can

673
00:31:59,280 --> 00:32:02,680
Speaker 2: confidently say that through my business is all the money

674
00:32:02,720 --> 00:32:05,680
Speaker 2: we have gotten mortgages for people who are receiving PhD

675
00:32:05,840 --> 00:32:10,200
Speaker 2: income as their sole income. And obviously it requires a

676
00:32:10,240 --> 00:32:13,200
Speaker 2: little bit of negotiation, handing over some contracts and working

677
00:32:13,240 --> 00:32:15,600
Speaker 2: out what's going on. It's not like super vanilla to do,

678
00:32:15,960 --> 00:32:19,080
Speaker 2: but like it is possible. But that doesn't mean that

679
00:32:19,160 --> 00:32:21,640
Speaker 2: it's going to work for absolutely everyone, because everyone's situation

680
00:32:21,720 --> 00:32:22,160
Speaker 2: is personal.

681
00:32:23,600 --> 00:32:24,760
Speaker 4: Do you have to research people?

682
00:32:25,200 --> 00:32:27,640
Speaker 2: Yeah, I'm sorry, I couldn't be Yoh, oh my god.

683
00:32:28,120 --> 00:32:31,080
Speaker 2: That reminds me of that TikTok video about the corn.

684
00:32:31,680 --> 00:32:34,160
Speaker 5: It's God the deuce, It's God the juice.

685
00:32:34,720 --> 00:32:36,840
Speaker 2: I haven't heard that years. Oh my gosh. I did

686
00:32:36,840 --> 00:32:40,760
Speaker 2: one about Lucy when she was younger, but it was Yeah,

687
00:32:40,760 --> 00:32:42,960
Speaker 2: I'm very posted because it's just funny. It was like

688
00:32:43,640 --> 00:32:47,400
Speaker 2: it made sense because juice loose, like it makes sense.

689
00:32:48,160 --> 00:32:50,560
Speaker 2: It was about how much she loved her dad. Really,

690
00:32:51,080 --> 00:32:54,040
Speaker 2: would you like to hear the DM of the week? Yes,

691
00:32:54,880 --> 00:32:56,720
Speaker 2: all right, Hi, she's on the money. I have a

692
00:32:56,800 --> 00:32:59,760
Speaker 2: money dilemma for you. My husband and I own our

693
00:32:59,800 --> 00:33:02,200
Speaker 2: own business and thanks to a lot of blood, sweat

694
00:33:02,200 --> 00:33:04,440
Speaker 2: and tears in the past twelve months, we are now

695
00:33:04,640 --> 00:33:08,200
Speaker 2: making some serious money, so much so we have nearly

696
00:33:08,240 --> 00:33:12,680
Speaker 2: paid off our one million dollar mortgage. What I'm struggling

697
00:33:12,760 --> 00:33:15,680
Speaker 2: with is how this is impacting my friendships. I have

698
00:33:15,800 --> 00:33:18,760
Speaker 2: always been super transparent about money with my friends. We've

699
00:33:18,800 --> 00:33:23,360
Speaker 2: shared salaries, mortgage amounts, interest rates, etc. However, now I'm

700
00:33:23,400 --> 00:33:26,640
Speaker 2: feeling super awkward about it, like I'm rubbing our financial

701
00:33:26,680 --> 00:33:30,920
Speaker 2: wins in their faces while they are still working towards independence.

702
00:33:30,960 --> 00:33:33,160
Speaker 2: The way we were two years ago, I now feel

703
00:33:33,160 --> 00:33:36,080
Speaker 2: awkward about sharing the way I used to, and almost

704
00:33:36,320 --> 00:33:39,080
Speaker 2: like I'm being evasive as I don't want to rub

705
00:33:39,160 --> 00:33:42,600
Speaker 2: it in anymore. How do you handle financial transparency with

706
00:33:42,720 --> 00:33:46,400
Speaker 2: friends when one of you is significantly better off? Help?

707
00:33:46,480 --> 00:33:48,360
Speaker 2: I really don't want to lose my friends.

708
00:33:48,640 --> 00:33:53,520
Speaker 3: Oh, first of all, well done, that's.

709
00:33:52,720 --> 00:33:57,640
Speaker 2: So cool, congratulations, that's huge. But I think the thing is,

710
00:33:57,960 --> 00:34:01,960
Speaker 2: and this is like I've been this person before and

711
00:34:01,960 --> 00:34:05,080
Speaker 2: where you've been like super rich, and you just how

712
00:34:05,200 --> 00:34:05,920
Speaker 2: to deal with it.

713
00:34:06,040 --> 00:34:08,759
Speaker 3: I don't know how to tell people sometimes I've been

714
00:34:08,760 --> 00:34:13,480
Speaker 3: the friend and maybe perpetually will be the friend that's like, no,

715
00:34:13,600 --> 00:34:18,040
Speaker 3: you're not, because that's true. If anything, yes, bullying yes

716
00:34:18,239 --> 00:34:23,560
Speaker 3: to invest exactly it's not even bullying yet.

717
00:34:23,560 --> 00:34:24,760
Speaker 2: Watch out true.

718
00:34:25,120 --> 00:34:26,719
Speaker 3: I think bullying is the only thing that's going to

719
00:34:26,719 --> 00:34:28,879
Speaker 3: take for me to change my way. If you could,

720
00:34:30,440 --> 00:34:33,640
Speaker 3: that would be lovely. But no, I think the thing

721
00:34:33,920 --> 00:34:36,759
Speaker 3: is and this is not like a blanket thing. This

722
00:34:36,880 --> 00:34:39,200
Speaker 3: is just I'm literally talking about myself, and so I

723
00:34:39,239 --> 00:34:42,000
Speaker 3: can only assume that maybe your friends kind of might

724
00:34:42,040 --> 00:34:45,520
Speaker 3: feel similar. When there is a friend or something that

725
00:34:45,520 --> 00:34:47,440
Speaker 3: you're close to, you can see they're doing really well,

726
00:34:48,320 --> 00:34:50,080
Speaker 3: and you feel a little bit like you feel a

727
00:34:50,080 --> 00:34:52,719
Speaker 3: pang in your belly, or like you feel a little

728
00:34:52,719 --> 00:34:55,359
Speaker 3: bit anger or jealousy or something, and you don't really

729
00:34:55,400 --> 00:34:57,360
Speaker 3: even know where it's coming from. You know, it's irrational,

730
00:34:57,800 --> 00:35:00,719
Speaker 3: that feeling. It's just just so it happens that you're

731
00:35:00,760 --> 00:35:02,799
Speaker 3: there and you're talking about your situation and the person

732
00:35:02,880 --> 00:35:06,480
Speaker 3: who is struggling it feels like every day, maybe every

733
00:35:06,520 --> 00:35:09,360
Speaker 3: second of every day, maybe it feels like you're perpetually

734
00:35:09,440 --> 00:35:11,120
Speaker 3: drowning and you don't know how to get out, and

735
00:35:11,440 --> 00:35:14,320
Speaker 3: it's like, you know, you just need some help somewhere,

736
00:35:14,360 --> 00:35:16,160
Speaker 3: but you and you can't say this to your friends,

737
00:35:16,160 --> 00:35:18,719
Speaker 3: I suppose because you're I guess you'd just be assuming this.

738
00:35:18,880 --> 00:35:21,600
Speaker 3: But I guess when it comes to myself or if

739
00:35:21,640 --> 00:35:26,280
Speaker 3: your friends listening to this, your anger is being put

740
00:35:26,440 --> 00:35:30,320
Speaker 3: in the wrong places, and it's probably should be directed

741
00:35:30,360 --> 00:35:32,600
Speaker 3: toward maybe your boss who isn't giving you a pay rise,

742
00:35:32,680 --> 00:35:36,320
Speaker 3: or maybe your maybe the government, or maybe the inflation,

743
00:35:36,400 --> 00:35:38,680
Speaker 3: or maybe the cost of living. It's all these different things.

744
00:35:38,680 --> 00:35:41,160
Speaker 3: Maybe it's how you were raised, Maybe it's your parents

745
00:35:41,160 --> 00:35:43,520
Speaker 3: for not teaching you financial literacy. Maybe it's all of

746
00:35:43,560 --> 00:35:47,879
Speaker 3: these things, and maybe that's a better place to put that.

747
00:35:48,440 --> 00:35:51,239
Speaker 3: Not that anger is a helpful thing to feel, but

748
00:35:51,280 --> 00:35:55,920
Speaker 3: it is completely valid. But I would say in this situation,

749
00:35:56,160 --> 00:35:58,080
Speaker 3: I guess the only thing you can do if it

750
00:35:58,080 --> 00:36:00,479
Speaker 3: comes up, if it's quite obvious, if there is room

751
00:36:00,600 --> 00:36:05,360
Speaker 3: or space to talk about it, just acknowledging that everyone's

752
00:36:05,560 --> 00:36:12,000
Speaker 3: on a different journey and financial struggles are all consuming

753
00:36:12,280 --> 00:36:18,600
Speaker 3: and visceral and genuinely could be the reason why someone

754
00:36:18,640 --> 00:36:22,440
Speaker 3: just wants to give up and whatever that looks like.

755
00:36:22,520 --> 00:36:25,120
Speaker 3: I think, just validating where they're at and letting them

756
00:36:25,160 --> 00:36:30,239
Speaker 3: know that this is not their fault. And I guess, yeah,

757
00:36:30,360 --> 00:36:34,160
Speaker 3: just just making people feel seen and acknowledged because your situation,

758
00:36:34,440 --> 00:36:36,960
Speaker 3: I mean, as you say, blood sweat and tears, baby,

759
00:36:37,320 --> 00:36:39,200
Speaker 3: that's like very impressive, that should be.

760
00:36:40,480 --> 00:36:42,279
Speaker 2: Should be celebrated, should be celebrated.

761
00:36:42,640 --> 00:36:46,640
Speaker 3: So yeah, I would just say acknowledging their struggles if

762
00:36:46,640 --> 00:36:50,000
Speaker 3: they're I'm just assuming their struggles. And then you know,

763
00:36:50,600 --> 00:36:53,719
Speaker 3: talking about you're allowed to celebrate it yourself is all

764
00:36:53,760 --> 00:36:54,200
Speaker 3: I'm saying.

765
00:36:54,239 --> 00:36:55,960
Speaker 2: I'm not gonna lie. I feel like this is a

766
00:36:56,000 --> 00:37:00,200
Speaker 2: them problem more than a friend's problem. Like good friends

767
00:37:00,239 --> 00:37:02,200
Speaker 2: are going to be so proud of you. Good friends

768
00:37:02,239 --> 00:37:04,800
Speaker 2: are going to, you know, be like, oh my god,

769
00:37:04,880 --> 00:37:06,880
Speaker 2: you work so hard for this, Jess, you did this,

770
00:37:07,040 --> 00:37:09,600
Speaker 2: Like I'm so proud of you. And even though you

771
00:37:09,719 --> 00:37:13,239
Speaker 2: have more money, that doesn't mean that interest rates aren't

772
00:37:13,280 --> 00:37:17,320
Speaker 2: still interesting, mortgage rates aren't still interesting talking about salary

773
00:37:17,360 --> 00:37:20,319
Speaker 2: with your friends. I feel like if you start to

774
00:37:20,440 --> 00:37:24,520
Speaker 2: pull back, they might start to feel that and sometimes

775
00:37:24,560 --> 00:37:29,719
Speaker 2: that can be misappropriated as you thinking that you are

776
00:37:29,840 --> 00:37:32,600
Speaker 2: now better than them and don't need to have these conversations,

777
00:37:32,680 --> 00:37:36,200
Speaker 2: or that you know you're too sorry I can't relate anymore.

778
00:37:36,320 --> 00:37:40,719
Speaker 2: Like I think it's it's a dynamic that you know,

779
00:37:40,840 --> 00:37:43,319
Speaker 2: I've historically struggled with a little bit because I know

780
00:37:43,480 --> 00:37:45,560
Speaker 2: that I have a higher income than a lot of

781
00:37:45,840 --> 00:37:47,920
Speaker 2: you know, even just people in my team like and

782
00:37:48,320 --> 00:37:50,880
Speaker 2: that has made me feel uncomfortable. But at the end

783
00:37:50,920 --> 00:37:53,279
Speaker 2: of the day, arising tide, lifts of ships and like,

784
00:37:53,360 --> 00:37:56,640
Speaker 2: I will give you every tip, every trick. I will

785
00:37:56,640 --> 00:37:58,440
Speaker 2: show you what I've done in my business if you

786
00:37:58,480 --> 00:38:00,400
Speaker 2: want to do a business too, like I'll be the

787
00:38:00,440 --> 00:38:02,520
Speaker 2: first to put my hand up and be like, okay, cool.

788
00:38:02,560 --> 00:38:04,759
Speaker 2: So Jess, you're starting, what's this look like? How does

789
00:38:04,800 --> 00:38:05,279
Speaker 2: this work?

790
00:38:05,360 --> 00:38:05,440
Speaker 5: Like?

791
00:38:05,680 --> 00:38:07,719
Speaker 2: Jess has a side hustle, And I'm like, oh, can

792
00:38:07,760 --> 00:38:10,160
Speaker 2: you fix this on your invoicing because it will work better?

793
00:38:10,440 --> 00:38:12,400
Speaker 2: And you know this will help you do this. And

794
00:38:12,600 --> 00:38:16,080
Speaker 2: you know, if we're talking about negotiating with clients or whatever,

795
00:38:16,840 --> 00:38:20,160
Speaker 2: the reality is it doesn't matter how much we're bringing in,

796
00:38:20,360 --> 00:38:23,000
Speaker 2: whether I'm earning a dollar or ten thousand dollars, like,

797
00:38:23,120 --> 00:38:26,400
Speaker 2: negotiating with the client's universal experience for business owners. And

798
00:38:26,440 --> 00:38:29,840
Speaker 2: I know that there will be a disconnect between people

799
00:38:29,840 --> 00:38:34,080
Speaker 2: who run a business and people who are payg employees.

800
00:38:34,120 --> 00:38:36,360
Speaker 2: And I'm not saying that that doesn't mean that you

801
00:38:36,400 --> 00:38:39,000
Speaker 2: won't get along, but you will find that as time

802
00:38:39,080 --> 00:38:41,400
Speaker 2: goes on, there are things that your friends aren't going

803
00:38:41,440 --> 00:38:44,080
Speaker 2: to relate to, but you can still have those day

804
00:38:44,120 --> 00:38:48,080
Speaker 2: to day conversations about money, and if they're uncomfortable with it,

805
00:38:48,160 --> 00:38:50,480
Speaker 2: you can address it then. But I think that perhaps

806
00:38:50,480 --> 00:38:53,200
Speaker 2: there's a lot of assumption going on around you going

807
00:38:53,320 --> 00:38:56,200
Speaker 2: I think it'll make them uncomfortable. I think people won't

808
00:38:56,200 --> 00:38:58,600
Speaker 2: want to know. I think that, you know, because we've

809
00:38:58,640 --> 00:39:00,840
Speaker 2: nearly paid off our mortgage, it's going to make my

810
00:39:00,920 --> 00:39:04,840
Speaker 2: friends uncomfortable. I should stop being transparent. Can you imagine

811
00:39:04,880 --> 00:39:08,200
Speaker 2: if I stopped being transparent about something, you'd be like,

812
00:39:08,320 --> 00:39:09,080
Speaker 2: what's up with her?

813
00:39:09,320 --> 00:39:09,400
Speaker 5: Like?

814
00:39:09,520 --> 00:39:12,440
Speaker 2: Is she all right? Like business has changed her, money

815
00:39:12,480 --> 00:39:15,759
Speaker 2: has changed her? Like I don't want to be that person. Yeah,

816
00:39:15,840 --> 00:39:17,840
Speaker 2: I still want to talk about the cost of Easter eggs?

817
00:39:18,120 --> 00:39:20,520
Speaker 2: Can I afford an Easter egg? Let's be honest, Yes,

818
00:39:20,760 --> 00:39:24,040
Speaker 2: But it doesn't mean that it's not ridiculous, like, and

819
00:39:24,120 --> 00:39:27,480
Speaker 2: I think that that is a universal experience and money

820
00:39:27,520 --> 00:39:29,520
Speaker 2: needs to be talked about, the good, the bad, the ugly,

821
00:39:29,560 --> 00:39:32,919
Speaker 2: the positive, the negative. Like and I think that it's

822
00:39:32,960 --> 00:39:36,600
Speaker 2: an inspirational story if you've gone from you know, struggling

823
00:39:36,640 --> 00:39:38,799
Speaker 2: with your friends to being like, oh my god, I'm

824
00:39:38,800 --> 00:39:41,439
Speaker 2: not doing that anymore. Like, but let's not forget our roots.

825
00:39:41,520 --> 00:39:44,239
Speaker 2: Let's not forget where we came from, because like that's

826
00:39:44,280 --> 00:39:45,000
Speaker 2: important too.

827
00:39:45,320 --> 00:39:48,960
Speaker 4: Yeah, I think that you're totally right your friends, especially

828
00:39:48,960 --> 00:39:52,280
Speaker 4: if they've seen you from start to end. In theory,

829
00:39:52,320 --> 00:39:54,839
Speaker 4: you want the best for them. But I think to

830
00:39:54,920 --> 00:39:57,399
Speaker 4: the point that you made back, it's not always as

831
00:39:57,440 --> 00:40:00,279
Speaker 4: simple as going, oh, I'm so proud of my friends. Like,

832
00:40:00,280 --> 00:40:03,799
Speaker 4: I think that jealousy, I think the resentment. I think

833
00:40:03,880 --> 00:40:07,200
Speaker 4: even just like a wishfulness, like looking at someone who's

834
00:40:07,239 --> 00:40:10,960
Speaker 4: done well, is a natural human emotion, and I do

835
00:40:11,000 --> 00:40:13,560
Speaker 4: think it's like a really great thing that you're being

836
00:40:13,680 --> 00:40:17,560
Speaker 4: considerate of their feelings because I think, particularly like if

837
00:40:17,640 --> 00:40:19,759
Speaker 4: your friend was going, oh my god, like, I don't

838
00:40:19,800 --> 00:40:21,440
Speaker 4: know how I'm going to pay rent this month. I

839
00:40:21,440 --> 00:40:23,520
Speaker 4: can't put groceries on my table this month, and then

840
00:40:23,600 --> 00:40:26,360
Speaker 4: you say, oh my god, we're going to upgrade to

841
00:40:26,440 --> 00:40:28,319
Speaker 4: our you know, our one million dollar home. We're going

842
00:40:28,400 --> 00:40:29,359
Speaker 4: to get a two million dollar home.

843
00:40:29,640 --> 00:40:32,000
Speaker 2: Read the room, you know imagine. I think, well, that's

844
00:40:32,040 --> 00:40:32,799
Speaker 2: exactly what I mean.

845
00:40:32,840 --> 00:40:36,000
Speaker 4: Though, I think that having a bit of conscientiousness for

846
00:40:36,400 --> 00:40:38,759
Speaker 4: where they're at is a really good thing. I think

847
00:40:38,800 --> 00:40:41,080
Speaker 4: it's positive that you're feeling that way and being aware

848
00:40:41,080 --> 00:40:43,200
Speaker 4: of it. But exactly as VD said, I think that

849
00:40:43,239 --> 00:40:46,720
Speaker 4: pulling away or shutting off those conversations completely is probably

850
00:40:46,760 --> 00:40:50,080
Speaker 4: going to make them feel more isolated, more segregated from you.

851
00:40:50,520 --> 00:40:53,919
Speaker 4: So I think still having the conversations, but approaching them

852
00:40:54,040 --> 00:40:58,879
Speaker 4: with consideration, with mindfulness, with empathy for whatever they're experiencing.

853
00:40:59,280 --> 00:41:02,520
Speaker 4: Exactly you said temperature checking the room like being aware

854
00:41:02,520 --> 00:41:05,520
Speaker 4: of what we're saying, making sure that we're not putting

855
00:41:05,520 --> 00:41:08,120
Speaker 4: our foot in our mouth or inadvertently making someone feel

856
00:41:08,120 --> 00:41:11,719
Speaker 4: bad about their situation. Because you've worked really hard and

857
00:41:11,800 --> 00:41:14,160
Speaker 4: you've achieved a lot, and that deserves to be celebrated.

858
00:41:14,520 --> 00:41:17,560
Speaker 4: But at the same time, if people are really struggling,

859
00:41:17,640 --> 00:41:19,840
Speaker 4: it can be hard for them to appreciate it to

860
00:41:19,840 --> 00:41:22,080
Speaker 4: the fullest extents. I think a bit of a balancing

861
00:41:22,200 --> 00:41:26,040
Speaker 4: act on both sides. But if you and your friends

862
00:41:26,080 --> 00:41:28,600
Speaker 4: are all open and honest with each other, I think

863
00:41:28,640 --> 00:41:32,239
Speaker 4: that that will have the best impact. Could it be

864
00:41:32,400 --> 00:41:33,920
Speaker 4: communication is key?

865
00:41:35,000 --> 00:41:37,560
Speaker 2: Really? I also think it's a lot about Yeah, back

866
00:41:37,600 --> 00:41:40,120
Speaker 2: to what you were saying, Jess, read the room. Make

867
00:41:40,200 --> 00:41:44,239
Speaker 2: sure that you are considering their thoughts and feelings, and

868
00:41:44,760 --> 00:41:47,000
Speaker 2: even though you're super proud of what you're doing, I

869
00:41:47,040 --> 00:41:49,239
Speaker 2: know that it's new and it's fresh. You don't need

870
00:41:49,239 --> 00:41:51,920
Speaker 2: to talk about it all the time, like what did

871
00:41:51,960 --> 00:41:55,160
Speaker 2: you used to talk about? Let's, you know, check ourselves

872
00:41:55,200 --> 00:41:56,719
Speaker 2: a little bit. Are we turning up to brunch and

873
00:41:56,719 --> 00:41:58,719
Speaker 2: being like, oh my god, I can't believe what we

874
00:41:58,760 --> 00:42:01,840
Speaker 2: did this week? It's always about you. But then again,

875
00:42:01,880 --> 00:42:05,800
Speaker 2: that's just effective communication in itself. We asked the community.

876
00:42:05,840 --> 00:42:08,560
Speaker 2: We said, if your friends suddenly became rich, would it

877
00:42:08,680 --> 00:42:12,239
Speaker 2: change your relationship? Five percent said yep, it'd feel weird,

878
00:42:12,520 --> 00:42:15,200
Speaker 2: forty percent said maybe, depends on them and how they

879
00:42:15,200 --> 00:42:18,320
Speaker 2: deal with it. Fifty five percent said not with real friends.

880
00:42:18,400 --> 00:42:18,560
Speaker 1: No.

881
00:42:19,480 --> 00:42:22,719
Speaker 2: We asked should financial success be celebrated in friendships like

882
00:42:22,760 --> 00:42:26,239
Speaker 2: every other achievement. Seventy percent said yep, share the success,

883
00:42:26,520 --> 00:42:29,799
Speaker 2: twenty eight percent said only if done humbly, and two

884
00:42:29,800 --> 00:42:32,800
Speaker 2: percent said no, I feel like it's bragging. So I

885
00:42:32,840 --> 00:42:36,960
Speaker 2: feel like that again can be taken with a grain

886
00:42:37,000 --> 00:42:39,840
Speaker 2: of salt, but good. I mean, most people don't feel

887
00:42:39,840 --> 00:42:42,640
Speaker 2: like it's bragging. Most people want to celebrate your success,

888
00:42:42,719 --> 00:42:44,520
Speaker 2: but there is always going to be someone who sees

889
00:42:44,560 --> 00:42:46,879
Speaker 2: it differently, and that is so fine. We then went

890
00:42:46,880 --> 00:42:49,520
Speaker 2: to the community and said, baby, what is your two cents?

891
00:42:50,080 --> 00:42:52,959
Speaker 2: One person said, if you can only share and bond

892
00:42:53,040 --> 00:42:56,480
Speaker 2: during hardship, are they really two friends? Another person said,

893
00:42:56,600 --> 00:42:59,920
Speaker 2: don't share your private financials with anyone, people are jealous.

894
00:43:00,200 --> 00:43:03,040
Speaker 2: I disagree with that. I think it's a whole podcast

895
00:43:03,120 --> 00:43:05,800
Speaker 2: is about sharing your financial Yeah, I think it's a

896
00:43:05,840 --> 00:43:08,640
Speaker 2: really positive thing. I think it is a positive thing.

897
00:43:08,719 --> 00:43:11,640
Speaker 2: And if you're feeling uncomfortable about that, I think it's

898
00:43:11,640 --> 00:43:14,520
Speaker 2: a beautiful point in time to be able to reflect

899
00:43:14,560 --> 00:43:17,719
Speaker 2: about why you feel uncomfortable about that. Because at the

900
00:43:17,840 --> 00:43:19,799
Speaker 2: end of the day, as much as I care so

901
00:43:20,120 --> 00:43:23,040
Speaker 2: much about my community, and I'll give you every single

902
00:43:23,120 --> 00:43:25,640
Speaker 2: tool and resource under the sun, and if I don't

903
00:43:25,640 --> 00:43:27,160
Speaker 2: have it and you need it, I will try and

904
00:43:27,239 --> 00:43:30,640
Speaker 2: build it like I will give you everything, But I

905
00:43:30,680 --> 00:43:33,960
Speaker 2: am not responsible for your emotions. Like at the end

906
00:43:34,000 --> 00:43:35,880
Speaker 2: of the day, I am not the one that is

907
00:43:35,920 --> 00:43:38,960
Speaker 2: responsible for that. You actually need to take responsibility for that.

908
00:43:39,000 --> 00:43:41,920
Speaker 2: And if you can identify I feel envious, or I

909
00:43:41,960 --> 00:43:44,239
Speaker 2: feel less than or I feel this, or even I

910
00:43:44,239 --> 00:43:47,560
Speaker 2: feel excited, that needs to be communicated because there's going

911
00:43:47,640 --> 00:43:49,520
Speaker 2: to be a tool for that to help you through that.

912
00:43:49,600 --> 00:43:52,200
Speaker 2: If it's something you're struggling with and I think there's

913
00:43:52,200 --> 00:43:55,080
Speaker 2: nothing more liberating than being like, oh, and I've done

914
00:43:55,080 --> 00:43:57,400
Speaker 2: this before, Jess know this. I feel like just I

915
00:43:57,400 --> 00:44:00,200
Speaker 2: think I'm jealous of her, like I'm a little envy.

916
00:44:00,640 --> 00:44:03,720
Speaker 2: Jess goes, I see that. Let's talk it through. Why

917
00:44:04,000 --> 00:44:06,440
Speaker 2: what is she achieving? How is she doing it? Like?

918
00:44:06,680 --> 00:44:08,440
Speaker 2: What could you do? And I go, Actually, this has

919
00:44:08,440 --> 00:44:11,799
Speaker 2: been a really empowering conversation. I just I wish I

920
00:44:11,880 --> 00:44:13,680
Speaker 2: was more like that, Like I wish I had her

921
00:44:13,680 --> 00:44:16,200
Speaker 2: motivation or a dedication or whatever it is. And I

922
00:44:16,200 --> 00:44:18,799
Speaker 2: think it's just it's so nice to speak about those

923
00:44:18,800 --> 00:44:21,440
Speaker 2: things in a trusted position and like in a trusted

924
00:44:21,440 --> 00:44:23,880
Speaker 2: friendship that I can go Jess, I'm a little bit

925
00:44:24,080 --> 00:44:26,120
Speaker 2: Why am I jealous about this? And she goes, oh

926
00:44:26,120 --> 00:44:27,320
Speaker 2: my gosh, I know. And then you go, oh, I

927
00:44:27,320 --> 00:44:29,960
Speaker 2: don't feel this is so bad about that? Like that's better.

928
00:44:30,280 --> 00:44:33,080
Speaker 2: Someone else said this happened to me to poppy syndrome

929
00:44:33,160 --> 00:44:36,000
Speaker 2: is real even when they are humble about it. Another

930
00:44:36,040 --> 00:44:39,640
Speaker 2: person said, if you're uncomfortable, let them ask questions rather

931
00:44:39,680 --> 00:44:43,200
Speaker 2: than you offering info that they didn't ask for. Its

932
00:44:44,000 --> 00:44:48,040
Speaker 2: great take, And last one said I get where she's

933
00:44:48,080 --> 00:44:50,799
Speaker 2: coming from, but as V does share with humility and

934
00:44:50,880 --> 00:44:54,799
Speaker 2: acknowledge that hard work takes hard work. So I'll leave

935
00:44:54,800 --> 00:44:57,400
Speaker 2: it there because we are running out of time today. Guys,

936
00:44:57,400 --> 00:45:00,319
Speaker 2: we've had a good yap. I have adored this. But

937
00:45:00,800 --> 00:45:02,879
Speaker 2: with that, my friends, I hope you have a really

938
00:45:02,880 --> 00:45:05,640
Speaker 2: good weekend and we'll see you right early on Monday

939
00:45:05,640 --> 00:45:15,040
Speaker 2: for a money diary. Bye, guys. By The advice shared

940
00:45:15,080 --> 00:45:17,480
Speaker 2: on She's on the Money is general in nature and

941
00:45:17,520 --> 00:45:21,160
Speaker 2: does not consider your individual circumstances. She's on the Money

942
00:45:21,280 --> 00:45:24,840
Speaker 2: exists purely for educational purposes and should not be relied

943
00:45:24,880 --> 00:45:28,000
Speaker 2: upon to make an investment or financial decision. If you

944
00:45:28,080 --> 00:45:30,840
Speaker 2: do choose to buy a financial product, read the PDS

945
00:45:30,880 --> 00:45:34,880
Speaker 2: TMD and obtain appropriate financial advice tailored towards your needs.

946
00:45:35,239 --> 00:45:39,200
Speaker 2: Victoria Divine and She's on the Money are authorized representatives

947
00:45:39,239 --> 00:45:43,120
Speaker 2: of money. Sheirper pty LTD ABN three two one IS

948
00:45:43,160 --> 00:45:47,000
Speaker 2: six four nine two seven seven zero eight AFSL four

949
00:45:47,120 --> 00:45:51,960
Speaker 2: five one two eight nine