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Speaker 1: Just before we get started, we'd like to acknowledge and

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Speaker 1: pay respect to Australia's Aboriginal and torrest Rate islander people's.

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Speaker 1: They're the traditional custodians of the lands, the waterways and

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Speaker 1: the skies all across Australia. We thank you for sharing

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Speaker 1: and for caring for the land on which we are

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Speaker 1: able to learn. We pay respects to elders past and present,

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Speaker 1: and we share our friendship and our kindness.

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Speaker 2: She's on the Money, She's on the Money.

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Speaker 1: Hello, and welcome to She's on the Money, the podcast

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Speaker 1: Millennials who Want Financial Freedom. Today's Friday, which means it

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Speaker 1: is time to sit back with the girls with a

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Speaker 1: bevy in hand, to unpack our favorite moments of the week,

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Speaker 1: and of course to celebrate you fool She's on the

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Speaker 1: Money community. As always, we're going to be discussing our

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Speaker 1: favorite money wins, We're going to discuss what's making news

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Speaker 1: in the finance world, and we'll be hoping to answer

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Speaker 1: a do you see money question, which this week is

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Speaker 1: all about having awkward conversations about setting boundaries in the workplace.

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Speaker 1: But before we get there, miss Jesse Gourichi, could you

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Speaker 1: let us know for those of us who missed out

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Speaker 1: what happened on our Money Diaries episode this week.

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Speaker 3: This week's episode got so much spectacular feedback because this

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Speaker 3: particular woman had left a relationship and a little content

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Speaker 3: wanting here talking about abuse. So if that's rough you,

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Speaker 3: perhaps not the episode and just skip a head like

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Speaker 3: thirty seconds right now. But she left an emotionally, physically

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Speaker 3: financially abusive relationship. It sounded so hectic, and she ended

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Speaker 3: up with a mountain of debt in her name that.

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Speaker 1: She had not accrued. It's so unfair. I still think

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Speaker 1: about this every day since we have spoken to her,

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Speaker 1: and it just it frustrates me that you can be

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Speaker 1: lumped with somebody else's debt and it's legal.

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Speaker 3: Yeah, over one hundred grand in debt she was left with,

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Speaker 3: and she paid off every cent plus interest. She did

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Speaker 3: it all by herself. She's debt free and now she's.

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Speaker 1: Truly she's just thriving.

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Speaker 3: She has her driving, she has a new partner. She

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Speaker 3: just genuinely radiated so much warmth and happiness. And to

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Speaker 3: look at her and be like, you have bloody been

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Speaker 3: through it and you have come out the other side.

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Speaker 3: This beautiful, amazing person was so so inspirational.

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Speaker 1: It was epic. I loved her. Georgia King, Hello chusy

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Speaker 1: week being my love, A good week, good weak, good week,

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Speaker 1: not bad.

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Speaker 4: Yes, yes, that's always good week. I'm like from the

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Speaker 4: wardrobe of last time.

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Speaker 1: It's good to be back with the girlies. You're welcome,

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Speaker 1: Welcome back to the Welcome back to the studio. What

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Speaker 1: happened on our deep dive this week? Gking on tour

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Speaker 1: so we discussed.

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Speaker 4: How to have difficult conversations with your boss spicy, So

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Speaker 4: we covered things like salary, your workload, workplace culture and

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Speaker 4: so on.

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Speaker 1: Culture culture.

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Speaker 4: The main thing I feel like that came out of

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Speaker 4: the chat was how to be assertive in the workplace,

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Speaker 4: which is something you're really good at. I'm looking at

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Speaker 4: Victoria for people that can't.

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Speaker 1: See it's actually yes, Jess is really asserted. Don't try

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Speaker 1: crossing her boundaries.

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Speaker 4: Is that you've learned since being it? She's on the

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Speaker 4: money jest? Or has it always come naturally?

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Speaker 1: Largely it came from working in a male dominator. I

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Speaker 1: don't think I started that. Yeah, it definitely would have different.

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Speaker 3: I've got a better You have taught me a lot,

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Speaker 3: but yeah, I think working in a male dominated industry,

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Speaker 3: Like I kind of learned.

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Speaker 1: You just got her. Sometimes ye do it getting down

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Speaker 1: they do right.

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Speaker 4: And a big part of that conversation was talking about

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Speaker 4: email etiquette, which we maybe so.

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Speaker 1: Passionate.

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Speaker 4: It was so interesting. We were saying you should always

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Speaker 4: take the word just out of your emails.

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Speaker 3: I remember that's a conversation we had in like my

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Speaker 3: first two or three weeks of employment. I got you

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Speaker 3: to read over something because I was new, and I

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Speaker 3: was a bit like, please help me, and you like

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Speaker 3: read over something that I'd sent, and you're like, delete, delete, delete, delete,

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Speaker 3: And I was like, and you're like, I just don't

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Speaker 3: think just.

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Speaker 1: The word absolutely not what I said.

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Speaker 3: And you said, I don't think that you should be

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Speaker 3: justifying your language. Just say what you mean. And I

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Speaker 3: was like, oh okay.

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Speaker 1: And now you feel so much more empowered.

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Speaker 3: I'm the queen of the one line email, Like, you

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Speaker 3: know what, don't waste anybody's time, I think is respectful.

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Speaker 4: Yeah, I'm still stuck in a land of smiley faces

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Speaker 4: and every center.

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Speaker 1: So nice to see you. Just wondering if I could

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Speaker 1: report explanation Mark, but like that's just it, right, and

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Speaker 1: who are we actually appeasing? There is that you thinking

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Speaker 1: you're going to be uncomfortable, and then if you contrast

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Speaker 1: it to AES email, which you know, they're not rude,

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Speaker 1: Like by any stretch of the imagination, you are always

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Speaker 1: kind to you always like, hey, Victoria, hope you've been well,

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Speaker 1: here's the thing I need from you. Let me know

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Speaker 1: when I can have it. And I just feel like

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Speaker 1: that's so direct, so clear. And we obviously deal with

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Speaker 1: a lot of different stakeholders in the work that we do,

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Speaker 1: whether it is clients or you know, talking to our

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Speaker 1: radio station or talking to book publishers or any other

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Speaker 1: people that we're working with. Sometimes you just don't need

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Speaker 1: the back and forth. You just need to be like, yep,

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Speaker 1: no problem, here's the time, here's the date, here's what's

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Speaker 1: going to happen, or vice versa. You're a bit confused

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Speaker 1: about a lack of clarity because maybe you weren't so

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Speaker 1: clear like, oh yeah, what about like three pm? No, no, no,

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Speaker 1: like it's three pm. Like we are very clear about

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Speaker 1: setting expectations so that we always have clarity, and I

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Speaker 1: think that the way you write emails just really helps that.

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Speaker 1: And it's you know, it's empowering to just be like, no,

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Speaker 1: I just say what I meant.

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Speaker 3: You shouldn't feel bad, Like, don't feel bad about saying

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Speaker 3: or asking for what you want or need or mean

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Speaker 3: like it is such a female thing. I think to

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Speaker 3: really put it back on you to handle somebody else's

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Speaker 3: emotions and it's not your job.

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Speaker 1: Yeah, stretching that out though, we're obviously going to remove

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Speaker 1: this week from our emails as a community, the word just.

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Speaker 1: We're going to delete the word that because that is

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Speaker 1: a word that literally doesn't need to be there. Yeah,

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Speaker 1: because it's a filler. No sentence needs the word that,

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Speaker 1: So remove that and also exclamation marks from the end

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Speaker 1: of your sentences. No one needs to have a really

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Speaker 1: good day like they just don't.

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Speaker 3: No, you know what, I'm very blunt, but you can

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Speaker 3: pry my exclamation marks from my cold dead fingers.

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Speaker 1: Okay, sorry, sorry, let's move on, George. Before we move

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Speaker 1: on to money wins, this week, Jess has had a

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Speaker 1: bit of a money speaking about being asserted, being direct.

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Speaker 1: How about you ask Jess how her weekend was and

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Speaker 1: maybe what she got up to on Sunday this weekend,

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Speaker 1: j Rick talked to me.

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Speaker 3: We went to a wedding my partner and I and

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Speaker 3: we caught an uber. There was a bit of a

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Speaker 3: gap between the ceremony and the reception, so caught an

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Speaker 3: uber home, got upstairs to the hotel. Probably two minutes

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Speaker 3: between leaving the uber getting upstairs, my partner goes, forgot

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Speaker 3: my phone, left it in the backseat. Oh my gosh.

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Speaker 1: No.

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Speaker 3: Call the uber man, say hi, I'm so sorry my

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Speaker 3: partner's phones in the back of your car. He goes, yep,

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Speaker 3: I've got it, but I've got a passenger. I'm like,

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Speaker 3: you left me two minutes ago. How And he's like,

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Speaker 3: I'm really sorry. I'm on the way to the airport.

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Speaker 3: And I was like, no problems, totally get that. Okay,

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Speaker 3: you're going somewhere. That's so fine. Can you come back

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Speaker 3: to drop it off later? Obviously, like there's this thing

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Speaker 3: through Uber you reimburse them for their trips, so it's

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Speaker 3: not like he's out money, Like I will pay you

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Speaker 3: to bring it back. It's my fault, my boyfriend's fault.

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Speaker 3: Here's yep, no problems. Is this the best number? I'm like, yep, great,

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Speaker 3: call you later. Wonderful. Everything's dreamy phone coming back. No, no, no, no,

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Speaker 3: So it's seven o'clock. We head to the reception. It's

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Speaker 3: been four hours at this point, haven't heard from him.

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Speaker 3: Starting to stress. Send him a text and say, Hey,

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Speaker 3: just letting you know. We're heading back out. We're going

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Speaker 3: to be at a different location. Just give me a

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Speaker 3: buzz before you come down. I'll let you know where

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Speaker 3: we are. Silence. We're at the reception. Reception goes late.

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Speaker 3: Of course, it's a party, we're celebrating. My phone dies

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Speaker 3: and I start stressing. I'm convinced he's going to call

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Speaker 3: me and I'm going to miss it and I'm never

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Speaker 3: going to see this phone again. So we leave, go home,

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Speaker 3: charge it. Crickets still, it's like midnight at this point.

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Speaker 3: At this point, I realize that I have my boyfriend

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Speaker 3: and fine my friends for like safety and you know,

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Speaker 3: occasionally stalking purposes.

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Speaker 1: Sure, and so I look up his phone. Great, the phone, George. Yeah,

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Speaker 1: you know, it's actually detrimental because I'm the type of

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Speaker 1: person that, yeah, Jess just left. She calls me. She's

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Speaker 1: like not absolutely, like storry, sorry.

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Speaker 3: So I can see the phone. I'm like, okay, great,

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Speaker 3: Well at least I know where he is, and I

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Speaker 3: kind of monitor it for a few hours, he stays

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Speaker 3: in the same spot. I go, okay, I'm going to

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Speaker 3: assume that's his house. Just kind of tuck that information

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Speaker 3: away for later.

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Speaker 1: What are you going to do with some dude's home addressed?

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Speaker 1: She's on the money wreck anyway.

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Speaker 3: So next day, still haven't heard anything. Call him again.

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Speaker 3: He's ignoring my calls. Call James's phone, ignore you too.

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Speaker 3: I called my partner's phone like sixteen times, like I thigive,

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Speaker 3: you know, if maybe he's driving in his car and

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Speaker 3: he hadn't seen it.

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Speaker 1: I'm so obsessed with me.

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Speaker 3: He must think I was a psycho. Well he by

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Speaker 3: the end of the story, he definitely did, because you

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Speaker 3: definitely are. The whole rest of the day goes on.

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Speaker 3: I get in touch with Uber, I say, hey, I

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Speaker 3: spoke to my driver. He confirmed he had it. Haven't

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Speaker 3: gotten in touch with him since. They tried to get

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Speaker 3: in touch with him, and emailed me back and said,

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Speaker 3: we're really sorry. We couldn't get a hold of him either.

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Speaker 1: Weird. I was like, Okay, no problems, but he definitely

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Speaker 1: has it because he told me he has it. Correct.

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Speaker 3: Also, I've been stalking him. He definitely has it, Yeah,

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Speaker 3: kind of freaking out at this point. So it gets

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Speaker 3: to three o'clock the next day. He's had the phone

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Speaker 3: for over twenty four hours. He's not picking up any

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Speaker 3: of my ten million phone calls that I have left him,

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Speaker 3: and we're kind of at a point where we're like,

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Speaker 3: what do we do?

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Speaker 1: What would Victoria do? Go to police? Victoria would go

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Speaker 1: to the police and submit a police report. What did

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Speaker 1: just do? Though? Is the real question here.

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Speaker 3: We decided to jump in the car and drive it

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Speaker 3: with the house. So we get on the freeway all active.

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Speaker 1: I love it. I was so dangerous. We are not

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Speaker 1: endorsing this story by any stretch of the imagination. You

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Speaker 1: can't just turn up to a random man's house.

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Speaker 3: I felt really bad about it, like a little bit invasive,

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Speaker 3: and I didn't want to be a good person, but

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Speaker 3: I had tried every other avenue. Anyway, We're driving to

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Speaker 3: his house and then it moved, and I'm like, oh, no,

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Speaker 3: is this about to be like the amazing Race two

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Speaker 3: point zero where we're just chasing this man all over Melbourne?

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Speaker 3: Spoiler it was, so we see him stop at a

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Speaker 3: subway on the top of had I mean, I see

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Speaker 3: him stop on find my friends, and it's not fine

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Speaker 3: my friends anymore.

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Speaker 1: It's fine my old uber driver.

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Speaker 3: So I say to my boyfriend do we just give

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Speaker 3: it a crack? And he's like, well, we didn't come

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Speaker 3: this far and not try. So we drive to this subway.

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Speaker 3: The subway is on the corner. We're at an intersection

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Speaker 3: and my partner goes, I'm pretty sure I see the

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Speaker 3: car and I'm blind, I'm not wearing the boss. I'm like, well,

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Speaker 3: that sounds great, and he's like, I'm pretty sure someone

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Speaker 3: just got into me.

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Speaker 1: I would have been screeching too, I know you. It wasn't.

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Speaker 3: Oh well, that's just great. It was like. So we

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Speaker 3: scoot into the parking lot. The guy is getting ready

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Speaker 3: to like leave, and I say to my partner, park

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Speaker 3: behind and block him in.

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Speaker 1: Oh my god, So what does she do? Parks behind himself.

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Speaker 3: I eat out the car door, run around, and I

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Speaker 3: get his window and he's looking at me like what

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Speaker 3: is going on? And I didn't want to tap on

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Speaker 3: the window because that just felt like too much.

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Speaker 1: Because driving across the city to go to a random

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Speaker 1: man's location is not too much, Oh my gosh, too much.

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Speaker 1: Don't tap on his window. I would roll the line line.

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Speaker 3: He rolls down the window. I go, Hi, excuse me,

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Speaker 3: I'm so sorry, you have my phone? And he's like, what, Like, no,

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Speaker 3: I don't. He looked so confused.

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Speaker 1: He knew so sorry. I was in your yesterday. You called.

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Speaker 3: You told me you have my phone, and he's like, ah, Jessica.

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Speaker 3: I'm like yes, and he gave me this look like

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Speaker 3: he just didn't know what to say, and so I

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Speaker 3: just kind of preemptively cut the conversation. I was like,

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Speaker 3: I am tracking this phone. I know that that's how

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Speaker 3: we found you. Can I have it please? And he

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Speaker 3: just kind of gives me this kind of sheepish look

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Speaker 3: and pulls it out of his glove box and hands

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Speaker 3: it and I go, thank.

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Speaker 1: You so much.

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Speaker 2: Run.

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Speaker 3: I'm like, babe, dry screech out of there.

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Speaker 1: Story I've ever heard anybody would like a lesson in audacity,

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Speaker 1: just call Jessica.

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Speaker 3: I regret nothing, but I absolutely wouldn't endorse.

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Speaker 1: It in the future. I can recommend the police. They

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Speaker 1: are they a great job, they do a great job

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Speaker 1: at great community service, and they actually have this thing

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Speaker 1: called a police report that you could smit, so you

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Speaker 1: don't need to track someone to their house. In saying that, George,

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Speaker 1: the thing I was surprised about was if you pick

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Speaker 1: up an iPhone in twenty twenty two, that is going

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Speaker 1: to be tracked absolutely, do you know what I mean? Like,

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Speaker 1: how did you think you were going to get away?

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Speaker 1: If that was his intention? Maybe he made me he busy,

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Speaker 1: who knows, But if his intention was to keep the phone,

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Speaker 1: why isn't it Dolph? Yeah, I don't know.

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Speaker 3: The whole situation was really weird, and I feel like

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Speaker 3: I should add an important detail here, which is my partner,

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Speaker 3: who I think I've said before, is at UNI. His

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Speaker 3: on placement. He moved that day, like because his placement

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Speaker 3: was two hours away from where we lives. He literally

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Speaker 3: was moving house that night. It was kind of like,

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Speaker 3: I now will never situation to get this phone back.

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Speaker 3: Otherwise he was like, I'm gonna have to go buy

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Speaker 3: a new phone, and that's like a grandness so much

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Speaker 3: so it was like an added level of pressure.

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Speaker 1: Yeah. I was just like, I don't want you to

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Speaker 1: have to buy a new phone, and I also don't

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Speaker 1: want to not be in contact with my partner when

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Speaker 1: he's moving away for placements.

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Speaker 3: Like okay, right, yeah, so yeah, I got real hectic

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Speaker 3: and just went fully rogue. Please don't do that, be safe.

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Speaker 1: But all got a money win, money win. I did

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Speaker 1: have to buy any h stove away from your creepy

295
00:13:30,559 --> 00:13:33,600
Speaker 1: crazy story, Georgia King, what are the money wins from

296
00:13:33,640 --> 00:13:35,839
Speaker 1: the shees on the money community? This way we got

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00:13:35,840 --> 00:13:36,400
Speaker 1: a couple.

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Speaker 4: Jess is obviously my favorite for the wee, but I'll

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Speaker 4: kick us off with Amelia, So money win. Last night,

300
00:13:42,679 --> 00:13:45,040
Speaker 4: I was doing some online browsing as I've wanted to

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Speaker 4: treat myself to a few new pieces of clothing, something

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Speaker 4: that I rarely do. Just before I checked out my carts,

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Speaker 4: I decided to follow the rule of putting twenty four

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Speaker 4: hours between myself and my purchases. And boy did it

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Speaker 4: pay off.

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Speaker 1: Yes, Clack.

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Speaker 4: This morning, I woke up having won a two hundred

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00:14:01,640 --> 00:14:04,120
Speaker 4: and fifty dollars voucher to Universal Store.

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Speaker 1: Okay, that's not normal. You don't usually wake up your

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00:14:06,520 --> 00:14:09,840
Speaker 1: two hundred and fifty dollars in your account, guys, she said.

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Speaker 4: Turns out all those little competitions you enter actually payoff.

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00:14:13,559 --> 00:14:16,800
Speaker 4: Sometimes in combination with a Uni Days discount code, I

313
00:14:16,840 --> 00:14:19,040
Speaker 4: got two hundred and seventy five dollars worth of new

314
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Speaker 4: clothing for free in money were not bad.

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Speaker 1: I've got a cousin that is an absolute super slow

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00:14:24,840 --> 00:14:28,200
Speaker 1: thirt a competition like she is absolutely everything. She's won TVs.

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00:14:28,240 --> 00:14:31,480
Speaker 1: She just won trips to Hawaii, She's won multiple different

318
00:14:31,560 --> 00:14:34,040
Speaker 1: flights like it's crazy. She's so good at it. See,

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00:14:34,040 --> 00:14:35,280
Speaker 1: I would just never do it. You've got to be

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00:14:35,280 --> 00:14:37,200
Speaker 1: in it as a mystic. Well, that's not in it,

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Speaker 1: and that is the attitude.

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Speaker 4: Well done, Amelia. The next week comes from Steph. After

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00:14:41,840 --> 00:14:45,440
Speaker 4: getting a personal loan at seventeen, I can finally say

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00:14:45,560 --> 00:14:47,320
Speaker 4: at thirty two that I have paid it.

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00:14:47,560 --> 00:14:50,400
Speaker 1: Oh, oh my gosh, I get it. I love that.

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Speaker 4: The next one comes from Ellira. For the first time

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Speaker 4: in my twenty nine years, I've saved five hundred dollars

328
00:14:56,360 --> 00:14:59,600
Speaker 4: in a month with three kids, overwhelming living expenses and

329
00:14:59,640 --> 00:15:02,120
Speaker 4: the ex e thensive petrol guzzling trips to UNI for

330
00:15:02,160 --> 00:15:04,680
Speaker 4: a degree that is a sixty three kilometer drive from

331
00:15:04,720 --> 00:15:07,120
Speaker 4: home and then sing me three cakes back as well

332
00:15:07,320 --> 00:15:10,360
Speaker 4: a lot of kilometers twice a week, alongside full time.

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00:15:10,200 --> 00:15:13,600
Speaker 1: Work and three bambinis. Exactly. Oh my god, how did

334
00:15:13,600 --> 00:15:16,400
Speaker 1: you even do that? I know? She said, She's pretty

335
00:15:16,400 --> 00:15:17,120
Speaker 1: proud of herself.

336
00:15:17,120 --> 00:15:19,040
Speaker 4: Her goal is to get to a five hundred dollars

337
00:15:19,040 --> 00:15:21,400
Speaker 4: a month minimum to go on their first holiday at

338
00:15:21,480 --> 00:15:25,200
Speaker 4: Christmas time. Oh my, well done, Eleira. The next wing

339
00:15:25,280 --> 00:15:27,720
Speaker 4: comes from Emily. It's my birthday tomorrow.

340
00:15:27,840 --> 00:15:29,040
Speaker 1: Happy Birthday, Emily.

341
00:15:29,080 --> 00:15:32,040
Speaker 4: And today I got an email from boost Juice saying

342
00:15:32,080 --> 00:15:33,080
Speaker 4: that I get a free smoothie.

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00:15:33,120 --> 00:15:35,320
Speaker 1: Oh my god, I sign up to that day three

344
00:15:35,400 --> 00:15:38,520
Speaker 1: D the birthday freebies. There was a TikToker that went

345
00:15:38,600 --> 00:15:40,960
Speaker 1: around the city. I followed her. She went around the

346
00:15:40,960 --> 00:15:44,560
Speaker 1: Melbourne CBD just having a day of free stuff, Like

347
00:15:44,640 --> 00:15:47,720
Speaker 1: she got free Goozminey Gomez, she got free boost Juice,

348
00:15:47,720 --> 00:15:49,320
Speaker 1: like I think there was like a cupcake shop that

349
00:15:49,360 --> 00:15:51,520
Speaker 1: gave her a free cupcakes. She's like free food day

350
00:15:51,560 --> 00:15:54,080
Speaker 1: and I'm like, Hi, incredible here for this, what a

351
00:15:54,160 --> 00:15:54,960
Speaker 1: point we love.

352
00:15:55,160 --> 00:15:57,760
Speaker 4: The next won comes from Jemimah. I just bought my

353
00:15:57,760 --> 00:16:00,840
Speaker 4: wedding dress off marketplace. It's in gore just condition and

354
00:16:00,840 --> 00:16:03,840
Speaker 4: it's already been altered to be exactly my side. When

355
00:16:04,000 --> 00:16:07,440
Speaker 4: the dress looks brand new, and I've saved myself thousands.

356
00:16:07,120 --> 00:16:10,800
Speaker 1: Literally, and alterations are so expensive. Coming from a current bride,

357
00:16:10,920 --> 00:16:14,920
Speaker 1: that's really, Oh my lord, they wedding dresses. Yeah, yeah, okay,

358
00:16:14,920 --> 00:16:19,000
Speaker 1: of course insanely expensive. Like I nearly spat my tea

359
00:16:19,040 --> 00:16:21,720
Speaker 1: out when I read the quote. Yeah, well, well done

360
00:16:21,720 --> 00:16:24,360
Speaker 1: to you, Jemima. The next win comes from Hannah. I

361
00:16:24,400 --> 00:16:27,040
Speaker 1: was in Coal's shopping today and I found some Veggie

362
00:16:27,040 --> 00:16:31,160
Speaker 1: Geoza family packs. Normally they retail at eighteen dollars fifty each.

363
00:16:31,480 --> 00:16:32,000
Speaker 1: They were on.

364
00:16:31,960 --> 00:16:33,880
Speaker 4: Clearance for two dollars thirty months.

365
00:16:34,560 --> 00:16:36,600
Speaker 1: I took all three were left. No shame.

366
00:16:36,880 --> 00:16:38,640
Speaker 4: Now I have meals to last meet more than a

367
00:16:38,640 --> 00:16:40,600
Speaker 4: week if it just under seven dollars.

368
00:16:41,320 --> 00:16:45,520
Speaker 1: Yes, giosa are so unnecessarily expensive at the supermarket, Like

369
00:16:45,600 --> 00:16:48,040
Speaker 1: I know exactly the one she's talking about, because the

370
00:16:48,040 --> 00:16:51,360
Speaker 1: big white packet veggie Guosa eighteen dollars. I know it.

371
00:16:51,440 --> 00:16:52,120
Speaker 1: I know it well.

372
00:16:52,320 --> 00:16:53,760
Speaker 4: Sometimes thirty one there.

373
00:16:53,680 --> 00:16:56,040
Speaker 1: That's a money win of a lifetime. Sometimes they have

374
00:16:56,080 --> 00:16:59,440
Speaker 1: fifty percent off. They'll buy me two packets of Giyosa

375
00:17:00,280 --> 00:17:02,480
Speaker 1: for the press of one baby. That takes me to

376
00:17:02,640 --> 00:17:06,320
Speaker 1: our last money slush life win of the day. Imagen

377
00:17:06,560 --> 00:17:11,960
Speaker 1: bought her first shares money loss. They immediately tanked, she said,

378
00:17:12,280 --> 00:17:16,879
Speaker 1: luckily for the long term. Well, no one followed a

379
00:17:16,920 --> 00:17:19,520
Speaker 1: man in an uber home. So I mean they're great money,

380
00:17:19,760 --> 00:17:22,440
Speaker 1: exactly us. So good. All right, let's go to a

381
00:17:22,520 --> 00:17:24,160
Speaker 1: quick break and when we get back, we are going

382
00:17:24,200 --> 00:17:27,560
Speaker 1: to be talking about setting expectations with your workplace. And

383
00:17:28,080 --> 00:17:30,120
Speaker 1: just wants to talk about the interest rates?

384
00:17:34,119 --> 00:17:36,960
Speaker 3: Alrighty, I want to talk interest rates because we pre

385
00:17:36,960 --> 00:17:39,600
Speaker 3: recorded a little early last week because of scheduling, which

386
00:17:40,840 --> 00:17:43,000
Speaker 3: not great for us because then the RBA rates got announced.

387
00:17:43,000 --> 00:17:44,000
Speaker 3: We han't chatted about.

388
00:17:43,760 --> 00:17:48,000
Speaker 1: It that we are pre recorded our episode last week.

389
00:17:48,240 --> 00:17:50,879
Speaker 1: Spoiler alert, you'll don't record it at five am on

390
00:17:50,920 --> 00:17:53,200
Speaker 1: a Friday morning. What do you mean? I know? Crazy?

391
00:17:53,240 --> 00:17:56,040
Speaker 1: Can you tell me we've got.

392
00:17:57,920 --> 00:17:57,960
Speaker 4: You?

393
00:17:58,119 --> 00:17:59,000
Speaker 1: Think? They just snorted?

394
00:18:01,000 --> 00:18:03,720
Speaker 3: So for those who don't know, I'm pretty sure you

395
00:18:03,760 --> 00:18:05,440
Speaker 3: would have seen at this point, but the RBA or

396
00:18:05,480 --> 00:18:08,080
Speaker 3: the Reserve Bank for Australia increased the official cash rate

397
00:18:08,080 --> 00:18:10,560
Speaker 3: from zero point one to zero point three five percent,

398
00:18:10,800 --> 00:18:15,560
Speaker 3: which was the first increase since twenty ten, which had

399
00:18:15,560 --> 00:18:17,200
Speaker 3: a lot of people in a bit of a tailspin.

400
00:18:17,400 --> 00:18:20,160
Speaker 3: People going, oh my god, this is crazy, this is ridiculous.

401
00:18:20,160 --> 00:18:23,159
Speaker 3: How is this going to impact me? The ultimate idea

402
00:18:23,200 --> 00:18:25,400
Speaker 3: of it and correct me if I'm wrong. V it's

403
00:18:25,440 --> 00:18:29,080
Speaker 3: aimed at reducing inflation, right, yes, sir. And essentially that

404
00:18:29,200 --> 00:18:32,239
Speaker 3: is because commercial banks will be paying this higher rate

405
00:18:32,320 --> 00:18:34,399
Speaker 3: of interest on the money that they borrow on their

406
00:18:34,440 --> 00:18:36,919
Speaker 3: short term loans, and then they then pass that increase

407
00:18:37,000 --> 00:18:40,040
Speaker 3: expense onto us, the consumers. So that will mean that

408
00:18:40,640 --> 00:18:42,320
Speaker 3: if you have a loan with a bank, or if

409
00:18:42,359 --> 00:18:44,639
Speaker 3: you have a credit card or any line of credit,

410
00:18:45,160 --> 00:18:47,520
Speaker 3: more likely than not you're going to be paying more.

411
00:18:47,920 --> 00:18:49,880
Speaker 3: And so if you're paying more, there people are more

412
00:18:49,960 --> 00:18:53,320
Speaker 3: likely to be saving in their savings accounts, which hopefully

413
00:18:53,400 --> 00:18:55,359
Speaker 3: we'll see a little bit of an increase as well.

414
00:18:55,720 --> 00:18:58,919
Speaker 3: Not required, but we can hope, we lay in hope

415
00:18:59,000 --> 00:19:02,399
Speaker 3: we do for people in this office, and that reduces spending,

416
00:19:02,400 --> 00:19:05,720
Speaker 3: which reduces demand, which consequently reduces inflation. It's a whole big, long,

417
00:19:05,760 --> 00:19:08,040
Speaker 3: slow on effect. My economics teacher in your ten would

418
00:19:08,040 --> 00:19:10,080
Speaker 3: be very proud of me right now. But v we

419
00:19:10,119 --> 00:19:12,600
Speaker 3: put up a post on Instagram summarizing this. If you're

420
00:19:12,600 --> 00:19:15,240
Speaker 3: a visual learner, I would highly recommend going and having

421
00:19:15,320 --> 00:19:17,560
Speaker 3: a look at that. And we got some really good bias.

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00:19:17,640 --> 00:19:19,600
Speaker 3: You did make that, indeed I did. I would really

423
00:19:19,640 --> 00:19:23,120
Speaker 3: appreciate any and all compliments and feedback, but please tell

424
00:19:23,160 --> 00:19:25,520
Speaker 3: me that was a pretty post. We got some really

425
00:19:25,560 --> 00:19:27,680
Speaker 3: good questions, so I thought we could just chat about it,

426
00:19:27,720 --> 00:19:30,920
Speaker 3: talk about the outcome. I know as well, you personally,

427
00:19:30,960 --> 00:19:32,960
Speaker 3: V have a perspective on this that is a little

428
00:19:32,960 --> 00:19:34,639
Speaker 3: bit different from what we've been seeing pumped down in

429
00:19:34,640 --> 00:19:35,040
Speaker 3: the media.

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Speaker 1: So I aways feel like I'm just going rogue. I'm like,

431
00:19:38,240 --> 00:19:40,480
Speaker 1: I don't care, and everyone's like, you have to care,

432
00:19:40,480 --> 00:19:42,480
Speaker 1: and I'm like, it's not as important as you seem

433
00:19:42,560 --> 00:19:45,359
Speaker 1: to think it is. And it is totally important. I

434
00:19:45,400 --> 00:19:48,119
Speaker 1: get it, but I feel like the media jumps up

435
00:19:48,119 --> 00:19:50,640
Speaker 1: and down and makes things sound terrifying when in reality

436
00:19:50,680 --> 00:19:52,640
Speaker 1: they're not. And we'll get to that, But why don't

437
00:19:52,680 --> 00:19:54,760
Speaker 1: we ask some questions so that I don't go on

438
00:19:54,800 --> 00:19:57,439
Speaker 1: and Victoria Devine rant, My favorite part about this ge

439
00:19:57,560 --> 00:19:59,840
Speaker 1: is she hasn't prepped me on these questions, so these rogans,

440
00:20:00,000 --> 00:20:02,679
Speaker 1: it's really nice from Jess this week. Thank you for

441
00:20:02,720 --> 00:20:04,280
Speaker 1: the preparation. I'm so welcome.

442
00:20:04,359 --> 00:20:06,359
Speaker 3: So a lot of people are saying that they just

443
00:20:06,400 --> 00:20:10,719
Speaker 3: don't understand how making loans and other things more expensive

444
00:20:10,960 --> 00:20:13,200
Speaker 3: is going to reduce inflation. They say it seems a

445
00:20:13,200 --> 00:20:16,560
Speaker 3: little bit counterintuitive to be like, hey, everything costs more,

446
00:20:16,920 --> 00:20:18,560
Speaker 3: let's add on the cost of your loans to that

447
00:20:18,640 --> 00:20:19,080
Speaker 3: as well.

448
00:20:19,240 --> 00:20:24,600
Speaker 1: Yep, So the economic consequences of that, Like that's purposeful. Essentially,

449
00:20:24,600 --> 00:20:27,600
Speaker 1: what they want to do is increase interest rates, because

450
00:20:27,600 --> 00:20:31,800
Speaker 1: increased interest rates lead to a downturn in economic activity.

451
00:20:32,040 --> 00:20:34,240
Speaker 1: So you're going to borrow less money, you're going to

452
00:20:34,280 --> 00:20:37,040
Speaker 1: be transacting a little bit less, you're probably going to

453
00:20:37,119 --> 00:20:40,440
Speaker 1: save a bit more, create a bit more economic stability.

454
00:20:40,800 --> 00:20:43,760
Speaker 1: And that's the point. That's why they're increasing the rates.

455
00:20:43,480 --> 00:20:46,560
Speaker 1: That's the point. Right, The higher the interest rate, the

456
00:20:46,640 --> 00:20:49,359
Speaker 1: less likely you are to go and get a mortgage, right, Jess,

457
00:20:49,680 --> 00:20:53,320
Speaker 1: this is helping with inflation because the costs of goods

458
00:20:53,320 --> 00:20:57,959
Speaker 1: and services won't increase when the interest rate is so high.

459
00:20:58,040 --> 00:21:00,600
Speaker 1: So I've done this on purpose, But the whipside of

460
00:21:00,640 --> 00:21:03,919
Speaker 1: that is it could actually end up impacting unemployment and

461
00:21:04,000 --> 00:21:06,320
Speaker 1: wage growth as well. So it's kind of a like

462
00:21:06,760 --> 00:21:09,280
Speaker 1: two sided coin where you're like, Yep, this is good.

463
00:21:09,320 --> 00:21:12,000
Speaker 1: We need to slow down inflation because up until March

464
00:21:12,080 --> 00:21:14,280
Speaker 1: this year, for the last quarter, we've actually had the

465
00:21:14,320 --> 00:21:17,439
Speaker 1: biggest increase in inflation. And I think they're freaking out

466
00:21:17,480 --> 00:21:19,320
Speaker 1: a bit and just going far out. We can't keep

467
00:21:19,359 --> 00:21:22,680
Speaker 1: that up. It's actually in our best interest to increase

468
00:21:22,760 --> 00:21:26,000
Speaker 1: the interest rate because it means that bread and milk

469
00:21:26,080 --> 00:21:29,200
Speaker 1: and all of these consumables are not going to increase

470
00:21:29,240 --> 00:21:32,919
Speaker 1: as dramatically and as rapidly as it could if we

471
00:21:33,040 --> 00:21:35,080
Speaker 1: didn't have some kind of cap to put on it.

472
00:21:35,119 --> 00:21:36,480
Speaker 1: So they're kind of trying to put on a lid

473
00:21:36,520 --> 00:21:37,240
Speaker 1: on it in a way.

474
00:21:37,359 --> 00:21:40,000
Speaker 4: So does that mean be that the price of groceries

475
00:21:40,000 --> 00:21:41,800
Speaker 4: and petrol and stuff? Will that actually decrease?

476
00:21:41,960 --> 00:21:45,760
Speaker 1: My friend keep dreaming. That is absolutely not how it works. No,

477
00:21:45,920 --> 00:21:48,919
Speaker 1: it doesn't make it go backwards. I'm really sorry. But

478
00:21:48,960 --> 00:21:51,120
Speaker 1: what it will mean is that it all stays stagnant,

479
00:21:51,160 --> 00:21:53,720
Speaker 1: and we want stagnant when it comes to inflation. We

480
00:21:53,800 --> 00:21:56,120
Speaker 1: just want things to sit pretty and not increase. I've

481
00:21:56,160 --> 00:22:00,439
Speaker 1: seen a lot across Instagram about what inflation means for hospitality,

482
00:22:00,880 --> 00:22:02,920
Speaker 1: and at the moment it just feels a little bit

483
00:22:02,960 --> 00:22:05,399
Speaker 1: scary because it's small things that really add up. Like

484
00:22:05,400 --> 00:22:08,080
Speaker 1: they're saying a five dollar latte in the Melbourne CBD

485
00:22:08,200 --> 00:22:10,119
Speaker 1: is going to end up being five dollars fifty and

486
00:22:10,160 --> 00:22:11,439
Speaker 1: I know for a lot of people, you're going to

487
00:22:11,440 --> 00:22:14,680
Speaker 1: go Victoria. Five dollars for a latte is already ridiculous,

488
00:22:14,960 --> 00:22:17,960
Speaker 1: but it's that fifty cent growth that's happened over three

489
00:22:18,000 --> 00:22:20,960
Speaker 1: months that you go, well, if that happened over a year,

490
00:22:21,359 --> 00:22:24,400
Speaker 1: that's actually two dollars, and that's actually a lot of money.

491
00:22:24,560 --> 00:22:27,600
Speaker 1: Imagine if this time next year, if we didn't cap inflation,

492
00:22:28,160 --> 00:22:30,919
Speaker 1: we'd actually be paying seven dollars for a latte. So, like,

493
00:22:30,960 --> 00:22:32,679
Speaker 1: I think we need to see what we're trying to

494
00:22:32,760 --> 00:22:34,760
Speaker 1: stop and not go, oh, my gosh, they're trying to

495
00:22:34,800 --> 00:22:38,040
Speaker 1: increase interest rates in the property market's already so hard

496
00:22:38,080 --> 00:22:40,040
Speaker 1: to get into it. It's like, no, we're actually trying

497
00:22:40,080 --> 00:22:42,040
Speaker 1: to make it so that you can afford your life

498
00:22:42,080 --> 00:22:43,800
Speaker 1: still and you can still afford to put food on

499
00:22:43,840 --> 00:22:47,080
Speaker 1: the table. Yes, the property market will be impacted, but

500
00:22:47,400 --> 00:22:49,840
Speaker 1: not as significantly as you seem to think it is,

501
00:22:49,960 --> 00:22:52,280
Speaker 1: or as the media seems to think it's going to

502
00:22:52,320 --> 00:22:52,960
Speaker 1: be impacted.

503
00:22:53,240 --> 00:22:54,960
Speaker 3: On that note, the other thing that I'm seeing a

504
00:22:54,960 --> 00:22:57,720
Speaker 3: lot of people talking about is their mortgages and people

505
00:22:57,760 --> 00:23:00,240
Speaker 3: being really concerned about the impact of this increase and

506
00:23:00,280 --> 00:23:02,560
Speaker 3: the rates is going to have on their repayments. What's

507
00:23:02,560 --> 00:23:03,240
Speaker 3: that going to look like?

508
00:23:03,440 --> 00:23:05,040
Speaker 1: It's not as bad as you think it is. It's

509
00:23:05,080 --> 00:23:08,240
Speaker 1: still obviously something that we need to budget for. So

510
00:23:08,400 --> 00:23:11,280
Speaker 1: on a five hundred thousand dollars loan each and every

511
00:23:11,320 --> 00:23:14,240
Speaker 1: single month, you're looking at a difference of about sixty

512
00:23:14,240 --> 00:23:17,240
Speaker 1: five dollars, So it's a lot. But at the same time,

513
00:23:17,359 --> 00:23:19,840
Speaker 1: it's not like your mortgage repayments have tripled. So a

514
00:23:19,880 --> 00:23:22,480
Speaker 1: current mortgage repayment on half a million dollars is going

515
00:23:22,560 --> 00:23:26,200
Speaker 1: to look like nineteen hundred and sixty seven dollars, and

516
00:23:26,359 --> 00:23:29,399
Speaker 1: the new mortgage repayment will look like two thousand and

517
00:23:29,480 --> 00:23:33,040
Speaker 1: forty one dollars, which is not massive. But when you

518
00:23:33,080 --> 00:23:36,479
Speaker 1: start to look at what mortgages around Melbourne actually look like,

519
00:23:36,640 --> 00:23:39,600
Speaker 1: the average property price in Melbourne and in Sydney is

520
00:23:39,640 --> 00:23:42,720
Speaker 1: more than a million dollars, right, terrifying? Terrifying. Can you

521
00:23:42,760 --> 00:23:45,640
Speaker 1: imagine telling your parents that twenty years ago, like when

522
00:23:45,680 --> 00:23:47,560
Speaker 1: your kids want to buy property, it's going to be

523
00:23:47,600 --> 00:23:50,040
Speaker 1: more than a million dollars. They wouldn't have believed you, No,

524
00:23:50,119 --> 00:23:51,720
Speaker 1: I don't think they would. They would have all started

525
00:23:51,720 --> 00:23:55,800
Speaker 1: investing more in property. Yeah, but a million dollar mortgage

526
00:23:55,800 --> 00:23:57,680
Speaker 1: is looking at about an increase of one hundred and

527
00:23:57,760 --> 00:24:01,160
Speaker 1: thirty one dollars monthly, so as much is that sounds

528
00:24:01,200 --> 00:24:04,560
Speaker 1: really scary? And yes, that's absolutely going to be in

529
00:24:04,600 --> 00:24:07,280
Speaker 1: some way, shape or form passed along to us. I

530
00:24:07,320 --> 00:24:09,399
Speaker 1: think the important thing here is not jumping up and

531
00:24:09,440 --> 00:24:12,840
Speaker 1: down about your mortgage rate increasing. It's actually about going,

532
00:24:12,920 --> 00:24:15,400
Speaker 1: gin know what am I putting myself in the best

533
00:24:15,400 --> 00:24:18,640
Speaker 1: possible position right now? Have I spoken to a mortgage

534
00:24:18,640 --> 00:24:21,920
Speaker 1: broker recently and actually said is this the best rate

535
00:24:21,960 --> 00:24:24,440
Speaker 1: and structure for me? Because so many people that have

536
00:24:24,520 --> 00:24:27,280
Speaker 1: DMed me over the last week to talk about interest rates,

537
00:24:27,320 --> 00:24:29,359
Speaker 1: have you know, asked about their mortgage and they've been like,

538
00:24:29,520 --> 00:24:33,000
Speaker 1: they are my interest rates going to increase? This is ridiculous,

539
00:24:33,040 --> 00:24:35,000
Speaker 1: they can't afford that. And I just go okay, like

540
00:24:35,040 --> 00:24:37,560
Speaker 1: I totally get that quick, perfect question. What are you

541
00:24:37,600 --> 00:24:39,320
Speaker 1: paying right now? And they're like, oh, my mortgage is

542
00:24:39,359 --> 00:24:41,800
Speaker 1: at like three and a half percent. I'm like, nosis, like,

543
00:24:41,960 --> 00:24:44,280
Speaker 1: when was the last time you revisited that? And they're like, oh,

544
00:24:44,359 --> 00:24:45,960
Speaker 1: like four or five years ago. And I'll be like,

545
00:24:46,280 --> 00:24:48,920
Speaker 1: at the moment interest rates are sitting at about two

546
00:24:49,000 --> 00:24:52,280
Speaker 1: and a half, reasonably, go and get that refinanced, and

547
00:24:52,280 --> 00:24:55,159
Speaker 1: you're actually going to be even better off. So I

548
00:24:55,200 --> 00:24:57,240
Speaker 1: think this, from my perspective, is a bit of a

549
00:24:57,320 --> 00:24:59,600
Speaker 1: kick in the bottom to make sure that one you're

550
00:24:59,600 --> 00:25:03,040
Speaker 1: not over subscribe to, you know, streaming services and having

551
00:25:03,080 --> 00:25:04,880
Speaker 1: a look at your budget and seeing what you can

552
00:25:04,920 --> 00:25:07,600
Speaker 1: cut out of there, and having a look at refinancing

553
00:25:07,640 --> 00:25:10,000
Speaker 1: your mortgage if it's time to do that. I think

554
00:25:10,080 --> 00:25:12,560
Speaker 1: that we can be far more proactive than we are.

555
00:25:12,680 --> 00:25:15,000
Speaker 1: Please don't get me wrong. It is a lot to ask,

556
00:25:15,080 --> 00:25:17,840
Speaker 1: you know, if you had half a million dollars left, Hey, Jess,

557
00:25:17,840 --> 00:25:20,040
Speaker 1: can you find another sixty five bucks a month? Like

558
00:25:20,119 --> 00:25:22,480
Speaker 1: that is hard, But I think that there's a lot

559
00:25:22,520 --> 00:25:25,359
Speaker 1: of things that we can do ourselves to put ourselves

560
00:25:25,359 --> 00:25:27,680
Speaker 1: in the best possible financial position.

561
00:25:28,720 --> 00:25:31,040
Speaker 3: And those numbers we're sharing are based on an initial

562
00:25:31,080 --> 00:25:32,760
Speaker 3: rate of two point five and an updated brave two

563
00:25:32,760 --> 00:25:34,760
Speaker 3: point seventy five. Obviously it's going to very depending on

564
00:25:34,800 --> 00:25:36,560
Speaker 3: where you start where you finish. We do have a

565
00:25:36,600 --> 00:25:39,119
Speaker 3: handy dandy again, a great little piece of content on

566
00:25:39,160 --> 00:25:42,760
Speaker 3: the Instagram, that little cheeky picture some clever gal that

567
00:25:42,760 --> 00:25:44,480
Speaker 3: that gives you a really good overview if you're a

568
00:25:44,560 --> 00:25:46,200
Speaker 3: visually it myself.

569
00:25:46,640 --> 00:25:49,439
Speaker 4: Yeah, So on the flip side of this fee, I

570
00:25:49,440 --> 00:25:51,840
Speaker 4: think I've heard that maybe this could be good for

571
00:25:52,160 --> 00:25:56,000
Speaker 4: potential first home buyers because maybe people that can't afford

572
00:25:56,000 --> 00:26:00,399
Speaker 4: their mortgages will fold and then there's an opportunity for

573
00:26:00,600 --> 00:26:02,240
Speaker 4: first time buyers to enter the market.

574
00:26:02,280 --> 00:26:05,199
Speaker 1: Is that true or is that that's absolutely true? It

575
00:26:05,240 --> 00:26:07,359
Speaker 1: could happen. Like, if you think about it, there are

576
00:26:07,440 --> 00:26:10,080
Speaker 1: a lot of people around Australia who are struggling to

577
00:26:10,080 --> 00:26:11,720
Speaker 1: pay their mortgages and this is going to add a

578
00:26:11,720 --> 00:26:14,960
Speaker 1: really unnecessary level of pressure that they have to deal with.

579
00:26:15,040 --> 00:26:17,600
Speaker 1: So it might mean that people do choose to sell

580
00:26:17,600 --> 00:26:19,960
Speaker 1: their properties because they're like, do you know what? Unaffordable?

581
00:26:20,040 --> 00:26:21,760
Speaker 1: Can't do it anymore? And there are going to be

582
00:26:21,760 --> 00:26:24,760
Speaker 1: people in that position. Does that mean that there's going

583
00:26:24,800 --> 00:26:27,280
Speaker 1: to be an influx of properties that are suitable for

584
00:26:27,320 --> 00:26:30,720
Speaker 1: first home buyers. Maybe? And the reason I say maybe

585
00:26:30,800 --> 00:26:34,080
Speaker 1: is because more often than not, more expensive your property,

586
00:26:34,119 --> 00:26:36,920
Speaker 1: the less likely you are to struggle financially to pay

587
00:26:36,960 --> 00:26:38,800
Speaker 1: that mortgage. If you've got a two and a half

588
00:26:38,880 --> 00:26:41,680
Speaker 1: million dollar property, g very likely you've got the cash

589
00:26:41,680 --> 00:26:44,119
Speaker 1: flow to support that and like you know, one hundred

590
00:26:44,119 --> 00:26:46,440
Speaker 1: and thirty one or two hundred and sixty two dollars

591
00:26:46,520 --> 00:26:48,840
Speaker 1: a month or your two million dollar mortgage, it's probably

592
00:26:48,920 --> 00:26:51,399
Speaker 1: not that much of a stretch. But when you have

593
00:26:51,480 --> 00:26:54,080
Speaker 1: a three hundred thousand dollar mortgage and you know you're

594
00:26:54,280 --> 00:26:56,600
Speaker 1: up to your eyeballs in personal debt and you've been

595
00:26:56,600 --> 00:26:58,840
Speaker 1: trying to pay all of that off, it is a

596
00:26:58,880 --> 00:27:02,200
Speaker 1: massive stretch. So yes, it could free up some property.

597
00:27:02,480 --> 00:27:06,480
Speaker 1: But does that mean the property prices are going to decrease? Maybe?

598
00:27:06,600 --> 00:27:11,040
Speaker 1: Maybe not, because property prices are driven by demand, so

599
00:27:11,080 --> 00:27:13,960
Speaker 1: there are already so many first home buyers. We're sitting

600
00:27:13,960 --> 00:27:16,800
Speaker 1: at a table with one, Miss Jessic Gricci is desperately

601
00:27:16,840 --> 00:27:20,000
Speaker 1: trying to find a property. Do those first home buyers

602
00:27:20,000 --> 00:27:23,239
Speaker 1: demands go away? Absolutely not. So I don't know if

603
00:27:23,320 --> 00:27:25,080
Speaker 1: it will mean that there is going to be a

604
00:27:25,080 --> 00:27:28,440
Speaker 1: reduction in price on the properties, but rather an increased

605
00:27:28,480 --> 00:27:31,760
Speaker 1: in saturation and an increase in being able to access them.

606
00:27:32,040 --> 00:27:35,000
Speaker 1: But I don't know how much that will impact how

607
00:27:35,080 --> 00:27:37,040
Speaker 1: much you end up paying for that property.

608
00:27:37,119 --> 00:27:39,240
Speaker 4: Does that make sense, Yeah, it'd be interesting to see

609
00:27:39,240 --> 00:27:39,760
Speaker 4: what happens.

610
00:27:39,920 --> 00:27:43,240
Speaker 3: There's been talk that this increase is the first of

611
00:27:43,400 --> 00:27:45,680
Speaker 3: more to come. Do you think it's likely that we're

612
00:27:45,680 --> 00:27:47,959
Speaker 3: going to see more over the next year, and if so,

613
00:27:48,640 --> 00:27:50,520
Speaker 3: is there anything we need to be doing to prepare.

614
00:27:50,760 --> 00:27:53,160
Speaker 1: Look, I think always having a tight budget and cash

615
00:27:53,160 --> 00:27:55,119
Speaker 1: flow and being really aware of what's coming into your

616
00:27:55,119 --> 00:27:57,119
Speaker 1: bank account, what's going out if your bank account is

617
00:27:57,119 --> 00:27:59,680
Speaker 1: always going to be the basis of what I practice

618
00:27:59,720 --> 00:28:01,359
Speaker 1: and what I preach and what I jump up and

619
00:28:01,440 --> 00:28:04,880
Speaker 1: down about. Yes, it is very very likely that our

620
00:28:05,000 --> 00:28:08,160
Speaker 1: rates are going to increase again. Is it fair? Yes?

621
00:28:08,560 --> 00:28:11,199
Speaker 1: Is it going to increase soon potentially? Do we have

622
00:28:11,240 --> 00:28:13,919
Speaker 1: any idea of what that looks like. No. The RBA

623
00:28:14,040 --> 00:28:16,840
Speaker 1: are going to be meeting again on the seventh of June,

624
00:28:16,960 --> 00:28:19,120
Speaker 1: which means that's when we'll get a little bit more

625
00:28:19,119 --> 00:28:21,679
Speaker 1: clarity on what that looks like. But the thing I

626
00:28:21,720 --> 00:28:24,119
Speaker 1: want to share here is actually what inflation looks like

627
00:28:24,160 --> 00:28:26,640
Speaker 1: around the world because Australia at the moment we kind

628
00:28:26,640 --> 00:28:29,119
Speaker 1: of live in a little bubble right Like, our media

629
00:28:29,320 --> 00:28:33,240
Speaker 1: isn't as broad as it is internationally. We always see

630
00:28:33,280 --> 00:28:36,240
Speaker 1: Australian media outlets they're obviously going to get a b

631
00:28:36,320 --> 00:28:39,360
Speaker 1: in their bonnet about what it means to increase inflation,

632
00:28:39,680 --> 00:28:42,120
Speaker 1: and we're like, this is horrendous. It's the worst in

633
00:28:42,160 --> 00:28:44,440
Speaker 1: the last three months that it's been in the last

634
00:28:44,440 --> 00:28:46,920
Speaker 1: twenty years and you just go, great, what does that

635
00:28:46,960 --> 00:28:50,200
Speaker 1: actually mean? So let's contextualize this a little bit. In Iran,

636
00:28:50,360 --> 00:28:53,160
Speaker 1: their inflation rate is sitting at twenty nine point nine percent,

637
00:28:53,320 --> 00:28:59,520
Speaker 1: a lot, Turkey sixteen point three percent, Nigeria twelve point one.

638
00:29:00,080 --> 00:29:03,040
Speaker 1: Then we go down and down and down, and Australia

639
00:29:03,280 --> 00:29:06,480
Speaker 1: doesn't even make the top five. So I think to

640
00:29:06,560 --> 00:29:09,560
Speaker 1: contextualize this a little bit. Yeah, it does suck. Yes

641
00:29:09,600 --> 00:29:12,400
Speaker 1: it is going to impact us, but we've been living

642
00:29:12,440 --> 00:29:15,600
Speaker 1: in a world where our government during COVID has really

643
00:29:15,640 --> 00:29:18,400
Speaker 1: tried to cushion our fall from this to make sure

644
00:29:18,400 --> 00:29:21,000
Speaker 1: that we're not feeling inflation as much because we obviously

645
00:29:21,040 --> 00:29:23,680
Speaker 1: have a bit tighter purse strings during COVID and everyone's

646
00:29:23,800 --> 00:29:27,840
Speaker 1: financially impacted. And now they actually need to start letting

647
00:29:27,880 --> 00:29:30,840
Speaker 1: out that inflation so that we can go back to

648
00:29:30,880 --> 00:29:33,080
Speaker 1: what is going to be COVID normal. Right, So they

649
00:29:33,120 --> 00:29:35,680
Speaker 1: do need to increase it slightly, But I think the

650
00:29:35,720 --> 00:29:39,040
Speaker 1: important thing here is context and it's going Look it

651
00:29:39,120 --> 00:29:43,000
Speaker 1: is increasing. Does it suck, absolutely, but look at Iran,

652
00:29:43,400 --> 00:29:46,440
Speaker 1: like look at what's going on around the world. Inflation

653
00:29:46,640 --> 00:29:48,920
Speaker 1: is very normal. It does not mean that our government

654
00:29:48,960 --> 00:29:51,400
Speaker 1: is doing the wrong thing. It's actually an outcome of

655
00:29:51,400 --> 00:29:53,920
Speaker 1: a healthy economy and this is a good thing. So

656
00:29:54,040 --> 00:29:56,840
Speaker 1: during the midst of you know, we have had announced

657
00:29:56,960 --> 00:29:59,160
Speaker 1: this week earlier on Monday, I got an email I

658
00:29:59,200 --> 00:30:01,120
Speaker 1: don't know if you guys got it that said the

659
00:30:01,160 --> 00:30:04,920
Speaker 1: early voting's open. And obviously right now our media is

660
00:30:04,960 --> 00:30:09,240
Speaker 1: completely saturated with political paraphernalia. Let's call it that. It's

661
00:30:09,280 --> 00:30:12,160
Speaker 1: not propaganda, but like they do sledge each other a

662
00:30:12,200 --> 00:30:13,720
Speaker 1: fair bit. Jess, you and I we were having a

663
00:30:13,800 --> 00:30:16,960
Speaker 1: conversation earlier. It's insane to me that they can just

664
00:30:17,000 --> 00:30:20,160
Speaker 1: be so mean. It's to be childish, isn't it. Yeah, Jess,

665
00:30:20,200 --> 00:30:21,880
Speaker 1: you were talking about the YouTube ad.

666
00:30:22,080 --> 00:30:23,600
Speaker 3: Yeah, there's a YouTube George, I don't know if you're

667
00:30:23,600 --> 00:30:25,480
Speaker 3: saying there's a YouTube ad that's running at the moment.

668
00:30:25,520 --> 00:30:28,200
Speaker 3: And I am not going to name names because I

669
00:30:28,240 --> 00:30:29,920
Speaker 3: just don't want people to think we're fulling one side

670
00:30:30,000 --> 00:30:30,320
Speaker 3: or the other.

671
00:30:30,600 --> 00:30:32,800
Speaker 1: No, we have no opinion here. We have a platform.

672
00:30:32,840 --> 00:30:34,640
Speaker 1: It is not our place to tell you what decision

673
00:30:34,640 --> 00:30:34,880
Speaker 1: to make.

674
00:30:34,960 --> 00:30:37,440
Speaker 3: Correct, but it was obviously an ad put out by

675
00:30:37,440 --> 00:30:39,400
Speaker 3: one of the major political parties, and it was do

676
00:30:39,480 --> 00:30:42,160
Speaker 3: you ever watch the TV show at Angela Anaconda where

677
00:30:42,160 --> 00:30:45,680
Speaker 3: it was like that weird black and white paper I

678
00:30:45,720 --> 00:30:47,520
Speaker 3: don't know what type of media you would call up.

679
00:30:47,560 --> 00:30:49,400
Speaker 3: It was done in the same style and it had

680
00:30:49,880 --> 00:30:53,320
Speaker 3: the premiere of a state and one of the political

681
00:30:53,360 --> 00:30:58,680
Speaker 3: campaigners depicted as a Marionette doll, and it was just

682
00:30:59,080 --> 00:31:02,400
Speaker 3: so DYSTOPI And I was like, why are we having

683
00:31:02,440 --> 00:31:07,120
Speaker 3: these people build their platforms sledging other people than just

684
00:31:07,360 --> 00:31:10,480
Speaker 3: sharing what they stand for? Deperate because somebody would have

685
00:31:10,520 --> 00:31:14,280
Speaker 3: spent so much money to produce and run that ad,

686
00:31:14,320 --> 00:31:14,680
Speaker 3: and I go.

687
00:31:14,760 --> 00:31:16,360
Speaker 1: I know you, just like you paid for this.

688
00:31:16,880 --> 00:31:19,280
Speaker 3: I found it a little bit gross. And I feel like,

689
00:31:19,600 --> 00:31:21,080
Speaker 3: you know, a lot of people are focusing on the

690
00:31:21,080 --> 00:31:23,960
Speaker 3: wrong things instead say what they do stand for. They're

691
00:31:23,960 --> 00:31:26,360
Speaker 3: just trying to make other people look bad and it

692
00:31:26,560 --> 00:31:27,040
Speaker 3: just goes.

693
00:31:27,000 --> 00:31:29,320
Speaker 1: For them and they are naughty, naughty, naughty, Like I

694
00:31:29,360 --> 00:31:31,560
Speaker 1: feel like that is so true. But I'm bringing that

695
00:31:31,760 --> 00:31:34,920
Speaker 1: up because I want to just preface that this is

696
00:31:34,960 --> 00:31:38,240
Speaker 1: going on alongside an election, which means that people are

697
00:31:38,280 --> 00:31:40,760
Speaker 1: automatically going to one make a bigger deal out of it,

698
00:31:40,920 --> 00:31:44,640
Speaker 1: but two make it look like the other party's fault. Yeah,

699
00:31:44,680 --> 00:31:46,680
Speaker 1: but at the end of the day, this is just economics,

700
00:31:46,720 --> 00:31:48,520
Speaker 1: and this is how it works. And yes, they are

701
00:31:48,520 --> 00:31:50,640
Speaker 1: going to try and drag it in and talk about

702
00:31:50,680 --> 00:31:52,040
Speaker 1: it and make it look like they're going to do

703
00:31:52,080 --> 00:31:54,000
Speaker 1: so many things and stop this and stop that, and

704
00:31:54,040 --> 00:31:56,040
Speaker 1: they're going to put you, Georgia King in a much

705
00:31:56,080 --> 00:31:59,360
Speaker 1: better position when in reality, like they don't have a

706
00:31:59,400 --> 00:32:01,720
Speaker 1: lot of control over that. So I think being really

707
00:32:01,760 --> 00:32:04,520
Speaker 1: cautious of what people saying at the moment is really important.

708
00:32:04,640 --> 00:32:07,480
Speaker 1: And a few people have slid into my DMS being like, Vie,

709
00:32:07,520 --> 00:32:09,280
Speaker 1: who are you voting for? Like I think that you'll

710
00:32:09,320 --> 00:32:11,120
Speaker 1: know who to vote for, and I'm like, nope, I'm

711
00:32:11,160 --> 00:32:13,240
Speaker 1: not sharing that. That is not my place. I actually

712
00:32:13,280 --> 00:32:15,600
Speaker 1: promote you guys living by your own values. And there

713
00:32:15,680 --> 00:32:18,840
Speaker 1: is a website it is vote Compass dot ABC, dot

714
00:32:18,880 --> 00:32:22,400
Speaker 1: net dot au, which is a fantastic website that you

715
00:32:22,480 --> 00:32:25,160
Speaker 1: can go to and you can find out how your

716
00:32:25,280 --> 00:32:28,960
Speaker 1: personal views compared to Australian political parties so that you

717
00:32:28,960 --> 00:32:30,800
Speaker 1: can make the right decision for you. And I would

718
00:32:30,880 --> 00:32:34,640
Speaker 1: absolutely recommend going to that. That's obviously not sponsored, not indoors,

719
00:32:34,720 --> 00:32:37,240
Speaker 1: they haven't asked us to do that. I just really

720
00:32:37,280 --> 00:32:40,680
Speaker 1: want you guys to be voting with your genuine values,

721
00:32:41,040 --> 00:32:43,000
Speaker 1: not what you're seeing on social media or not what

722
00:32:43,040 --> 00:32:46,880
Speaker 1: you're seeing, you know, a YouTube commercial slander someone with

723
00:32:47,040 --> 00:32:49,160
Speaker 1: So I think it's really important to know our own

724
00:32:49,240 --> 00:32:52,280
Speaker 1: values and that vote Compass website is actually really good

725
00:32:52,360 --> 00:32:54,200
Speaker 1: for that. But let's move on friends.

726
00:32:54,640 --> 00:32:57,760
Speaker 4: Alrighty guys, I think it's time for money question of

727
00:32:57,800 --> 00:32:58,480
Speaker 4: money dilemma?

728
00:32:58,560 --> 00:33:02,120
Speaker 1: Who's with me? Lie song? You know, like Drake, I

729
00:33:02,200 --> 00:33:03,320
Speaker 1: want that hot Lablie.

730
00:33:03,480 --> 00:33:05,760
Speaker 4: We'll go on the street as it's brewing in the background.

731
00:33:05,920 --> 00:33:07,280
Speaker 4: I've heard that worked on I'm.

732
00:33:07,120 --> 00:33:10,880
Speaker 1: Pretty sure you're on your streets. So we won't have that.

733
00:33:11,080 --> 00:33:16,280
Speaker 1: We will have the poor royalty free version. Hi.

734
00:33:16,360 --> 00:33:19,080
Speaker 4: There have you got up money dilemma you just can't solve?

735
00:33:19,360 --> 00:33:21,400
Speaker 4: The Sheese on the Money team is here to help.

736
00:33:21,760 --> 00:33:24,440
Speaker 4: Every week, we tackle your dilemmas, both big and small,

737
00:33:24,520 --> 00:33:27,840
Speaker 4: to answer your most burning money, career and life questions.

738
00:33:28,240 --> 00:33:30,640
Speaker 4: To get involved, simply head to our website and leave

739
00:33:30,720 --> 00:33:32,640
Speaker 4: us a quick voice recording and you may just find

740
00:33:32,680 --> 00:33:35,160
Speaker 4: yourself on the show. Now, let's take a listen to

741
00:33:35,160 --> 00:33:36,280
Speaker 4: today's money dilemma.

742
00:33:37,680 --> 00:33:40,600
Speaker 5: Hey, chicks, I'm just wondering, what is your advice or

743
00:33:40,640 --> 00:33:44,440
Speaker 5: commentary on workplaces that normalize things like not taking your

744
00:33:44,480 --> 00:33:47,320
Speaker 5: full lunch break or not taking one at all, or

745
00:33:47,320 --> 00:33:49,960
Speaker 5: places that expect you to stay back late, way beyond

746
00:33:50,000 --> 00:33:53,440
Speaker 5: your contract hours regularly, or even expect you to do

747
00:33:53,560 --> 00:33:57,680
Speaker 5: overtime for free. I find myself in these places far

748
00:33:57,760 --> 00:34:00,520
Speaker 5: too often and never want to get the boss off side,

749
00:34:01,320 --> 00:34:05,480
Speaker 5: but also these things are unreasonable and want to advocate

750
00:34:05,520 --> 00:34:06,120
Speaker 5: for myself.

751
00:34:06,280 --> 00:34:09,120
Speaker 1: This one's spicy. You guys are employed, I feel like

752
00:34:09,160 --> 00:34:11,480
Speaker 1: I have a lot of audacity and I would say

753
00:34:11,480 --> 00:34:13,920
Speaker 1: a lot of colorful things to an employer who expected

754
00:34:13,920 --> 00:34:16,680
Speaker 1: that of me. But before we get there, I don't

755
00:34:16,719 --> 00:34:19,000
Speaker 1: know our money diarrest from a bar of soaps. She's

756
00:34:19,040 --> 00:34:22,440
Speaker 1: obviously a fabulous member of the she's on the money community. However,

757
00:34:22,600 --> 00:34:25,480
Speaker 1: I do think before we start this conversation, we need

758
00:34:25,520 --> 00:34:27,120
Speaker 1: to outline the fact that if we're going to talk

759
00:34:27,120 --> 00:34:29,880
Speaker 1: about this, we are talking about unreasonable. I don't know.

760
00:34:30,040 --> 00:34:31,520
Speaker 1: I feel like if you're in a nine to five

761
00:34:31,560 --> 00:34:33,879
Speaker 1: Monday and a Friday job, like there is a thing

762
00:34:33,920 --> 00:34:36,879
Speaker 1: called reasonable overtime, where you know, if you've just got

763
00:34:36,920 --> 00:34:39,319
Speaker 1: a really busy workplate, you do have to do a

764
00:34:39,320 --> 00:34:41,680
Speaker 1: few extra hours of work one week, and you're not

765
00:34:41,719 --> 00:34:43,439
Speaker 1: going to find yourself in a position where you're getting

766
00:34:43,440 --> 00:34:45,319
Speaker 1: paid over time. I feel like there's this ebb and

767
00:34:45,400 --> 00:34:49,120
Speaker 1: flow nowadays where gen z or what are they called

768
00:34:49,760 --> 00:34:54,440
Speaker 1: the TikTok community. I feel like a boomer right now,

769
00:34:54,719 --> 00:34:57,640
Speaker 1: but you know, like the younger the young ins these

770
00:34:57,760 --> 00:35:01,440
Speaker 1: days seem to think that any time of overtime is ridiculous,

771
00:35:01,440 --> 00:35:03,799
Speaker 1: and any minute of my lunch break that has been

772
00:35:04,080 --> 00:35:07,000
Speaker 1: you know, eaten into is absolutely ridiculous. And I totally

773
00:35:07,040 --> 00:35:09,600
Speaker 1: agree that boundaries need to be set in a workplace.

774
00:35:09,840 --> 00:35:13,120
Speaker 1: But I think we're talking this is beyond reasonable overtime,

775
00:35:13,120 --> 00:35:16,080
Speaker 1: and it's beyond you know, maybe one time missing your

776
00:35:16,160 --> 00:35:19,560
Speaker 1: lunch break. We're talking about consistency here and boundaries being

777
00:35:19,600 --> 00:35:22,960
Speaker 1: overstepped and maybe you're feeling really uncomfortable about it. Is

778
00:35:23,000 --> 00:35:25,560
Speaker 1: that a fair thing to disclaim it with? Yeah?

779
00:35:25,600 --> 00:35:28,640
Speaker 3: I mean that's an inclusion in a lot of contracts nowadays,

780
00:35:28,840 --> 00:35:31,759
Speaker 3: is that you work your your hours up to and

781
00:35:31,800 --> 00:35:34,480
Speaker 3: including what they deem reasonable. And I think the point

782
00:35:34,480 --> 00:35:37,080
Speaker 3: here is that some workplaces, more so than others, take

783
00:35:37,080 --> 00:35:38,120
Speaker 3: the piece a little bit.

784
00:35:37,960 --> 00:35:40,480
Speaker 1: And I definitely do. That's why I needed to disclaim

785
00:35:40,520 --> 00:35:42,520
Speaker 1: it so you guys can't pipe up and be like,

786
00:35:42,560 --> 00:35:45,279
Speaker 1: what do you mean, what's a lunch break happen on

787
00:35:45,320 --> 00:35:46,080
Speaker 1: my own show?

788
00:35:46,560 --> 00:35:48,520
Speaker 3: Yeah? So I think like, yeah, there's a big difference

789
00:35:48,560 --> 00:35:51,440
Speaker 3: between oh my gosh, today there's this one big project,

790
00:35:51,480 --> 00:35:53,520
Speaker 3: and if I leave at five o'clock on time like

791
00:35:53,560 --> 00:35:55,440
Speaker 3: I'm supposed to, someone else is going to have to

792
00:35:55,440 --> 00:35:58,319
Speaker 3: stay back by themselves to finish it. YEA, rather than

793
00:35:58,360 --> 00:36:01,600
Speaker 3: a systemic where three lunch breaks, stay back late every

794
00:36:01,680 --> 00:36:03,960
Speaker 3: day because if you don't, you're not seen to be

795
00:36:04,000 --> 00:36:05,960
Speaker 3: working as other people.

796
00:36:05,960 --> 00:36:08,000
Speaker 1: It's that culture and I used to work in that

797
00:36:08,040 --> 00:36:10,200
Speaker 1: culture and it's disgusting and I feel like it's really

798
00:36:10,280 --> 00:36:12,840
Speaker 1: bad if your mental health. It's arguably very bad for

799
00:36:12,880 --> 00:36:16,160
Speaker 1: your physical health. But I want to hear before I,

800
00:36:16,440 --> 00:36:18,880
Speaker 1: you know, put these people in blust. What would you

801
00:36:18,880 --> 00:36:21,480
Speaker 1: guys do, Jess, I know you've worked incredibly corporately before.

802
00:36:21,560 --> 00:36:24,480
Speaker 1: Have you run into this before? Yeah? I have.

803
00:36:24,760 --> 00:36:26,839
Speaker 3: And it's interesting. I think like how I would handle

804
00:36:26,880 --> 00:36:28,520
Speaker 3: it now and how I would have handled it when

805
00:36:28,560 --> 00:36:31,800
Speaker 3: I was younger, you know, older, more confident, more assertive.

806
00:36:31,840 --> 00:36:34,600
Speaker 3: As we discussed earlier, I think when I was younger,

807
00:36:34,640 --> 00:36:36,320
Speaker 3: a lot of the time I just kind of copted

808
00:36:36,320 --> 00:36:38,200
Speaker 3: it on the chin and then complained about it's my

809
00:36:38,239 --> 00:36:41,040
Speaker 3: friends kind of like, well, I'm going to do it

810
00:36:41,360 --> 00:36:42,719
Speaker 3: because I don't want to kiss anybody off.

811
00:36:42,840 --> 00:36:44,040
Speaker 1: Yeah, well I'm going to do it, but I'm going

812
00:36:44,080 --> 00:36:45,960
Speaker 1: to silk about it, okay, correct?

813
00:36:46,320 --> 00:36:49,640
Speaker 3: Whereas now I think it's about having a conversation because

814
00:36:49,719 --> 00:36:53,200
Speaker 3: I mean, maybe your employer or your manager or your

815
00:36:53,239 --> 00:36:56,080
Speaker 3: team aren't realizing the amount of time that you're putting in.

816
00:36:56,400 --> 00:36:59,120
Speaker 3: Should they be paying attention to anything that? Yes, but

817
00:36:59,320 --> 00:37:01,680
Speaker 3: let's not make it asumptions. Maybe it is just as

818
00:37:01,680 --> 00:37:04,799
Speaker 3: simple as raising it and saying, hey, can I get

819
00:37:04,840 --> 00:37:06,279
Speaker 3: some time in loop for all of the time that

820
00:37:06,320 --> 00:37:09,239
Speaker 3: I'm staying back or is there something that we can absolutely?

821
00:37:09,520 --> 00:37:12,120
Speaker 3: But the flip side of that is and I feel

822
00:37:12,160 --> 00:37:13,879
Speaker 3: like we really have to say it because I don't

823
00:37:13,880 --> 00:37:17,480
Speaker 3: want to be like, yeah, girl boss, tell them and

824
00:37:17,520 --> 00:37:19,799
Speaker 3: then have someone experienced negative repercussions.

825
00:37:19,920 --> 00:37:20,120
Speaker 4: Yeah.

826
00:37:20,120 --> 00:37:22,719
Speaker 1: Absolutely, It's there's a tough conversation to have, right And

827
00:37:22,760 --> 00:37:24,800
Speaker 1: there is the chance that if you do start raising

828
00:37:24,840 --> 00:37:28,120
Speaker 1: these issues, if the workplace you're in has a poor

829
00:37:28,200 --> 00:37:31,560
Speaker 1: culture and they are actually toxic, there is a chance

830
00:37:31,600 --> 00:37:33,920
Speaker 1: that there will be negative ramifications for you, and it

831
00:37:34,040 --> 00:37:36,840
Speaker 1: might be that you are put on some kind of notice.

832
00:37:36,880 --> 00:37:39,040
Speaker 1: It might be that you're told that culturally you're not

833
00:37:39,120 --> 00:37:41,759
Speaker 1: the best fit for them because you're not meeting their

834
00:37:41,800 --> 00:37:44,280
Speaker 1: expectations of what they deem is reasonable.

835
00:37:44,719 --> 00:37:47,279
Speaker 3: Is that shit? One thousand percent? And I would say

836
00:37:47,280 --> 00:37:50,000
Speaker 3: if that is the case, probably not a workplace you

837
00:37:50,040 --> 00:37:50,919
Speaker 3: want to be in long term.

838
00:37:51,000 --> 00:37:53,279
Speaker 1: Absolutely agree, But you don't want to shoot yourself in

839
00:37:53,320 --> 00:37:55,920
Speaker 1: the foot when you really need to have your job.

840
00:37:55,800 --> 00:37:57,440
Speaker 3: Well, And that's it. That's why I think it's important

841
00:37:57,480 --> 00:38:00,000
Speaker 3: to just say, hey, should you stand up for yourself?

842
00:38:00,000 --> 00:38:01,960
Speaker 3: One thousand percent? But also I don't want to be

843
00:38:02,040 --> 00:38:04,440
Speaker 3: the reason that somebody says something and then goes, oh

844
00:38:04,440 --> 00:38:05,399
Speaker 3: my god, I lost my job.

845
00:38:05,520 --> 00:38:05,719
Speaker 5: Yeah.

846
00:38:05,719 --> 00:38:06,239
Speaker 1: Absolutely.

847
00:38:06,280 --> 00:38:09,359
Speaker 4: From an employee rights perspective, though, can you lose your

848
00:38:09,400 --> 00:38:10,800
Speaker 4: job for asking if.

849
00:38:10,640 --> 00:38:14,880
Speaker 1: You should have theoretically lunch break you're entitoretically absolutely not Georgia.

850
00:38:14,880 --> 00:38:17,560
Speaker 1: That would blacklist you a little bit. Oh George, you're

851
00:38:17,600 --> 00:38:20,279
Speaker 1: just not a good cultural fear. Yeah, it's like you're

852
00:38:20,320 --> 00:38:22,600
Speaker 1: not going to say it was your lunch break. No,

853
00:38:22,800 --> 00:38:24,640
Speaker 1: Like you're culturally not the best fear. If you're on

854
00:38:24,719 --> 00:38:28,400
Speaker 1: probation as well, it's a really easy thing for employers

855
00:38:28,400 --> 00:38:30,200
Speaker 1: to kind of you know, be like, oh, you know what,

856
00:38:30,280 --> 00:38:32,719
Speaker 1: it just didn't work out, see you later, or like

857
00:38:32,840 --> 00:38:35,399
Speaker 1: performance management. There are all of these tools that, yes,

858
00:38:35,440 --> 00:38:37,120
Speaker 1: there are, You're right, like, they couldn't just turn around

859
00:38:37,160 --> 00:38:39,160
Speaker 1: be like Georgia and you're taking a lunch break every

860
00:38:39,200 --> 00:38:42,759
Speaker 1: day you're fired. But with that being said, especially having

861
00:38:42,800 --> 00:38:46,040
Speaker 1: worked in a couple of somewhat toxic workplace cultures previously,

862
00:38:46,320 --> 00:38:47,000
Speaker 1: she's on the money.

863
00:38:47,040 --> 00:38:50,920
Speaker 3: No, there are definitely things that an employer can do

864
00:38:51,040 --> 00:38:53,480
Speaker 3: if they want to, if they are dissatisfied like that,

865
00:38:53,680 --> 00:38:56,480
Speaker 3: and if you are experiencing anything like that, a thousand percent,

866
00:38:56,560 --> 00:38:59,520
Speaker 3: hit up your union, hit up Fair Work Australia. They

867
00:38:59,520 --> 00:39:03,360
Speaker 3: are a friends, fantastic, fantastic resource because nobody should be

868
00:39:03,400 --> 00:39:05,960
Speaker 3: experiencing that. But it's one of those things where it's

869
00:39:06,040 --> 00:39:09,440
Speaker 3: really hard, I think, to police to the fullest extent,

870
00:39:09,560 --> 00:39:12,480
Speaker 3: because you can have one opinion and you can say, oh,

871
00:39:12,480 --> 00:39:14,840
Speaker 3: my god, I know that the reason this is happening

872
00:39:14,880 --> 00:39:16,640
Speaker 3: is because I stood up for myself because I didn't

873
00:39:16,680 --> 00:39:18,760
Speaker 3: want to do that over time. But then your employer

874
00:39:18,760 --> 00:39:21,400
Speaker 3: could turn around and say, oh, actually they weren't getting

875
00:39:21,400 --> 00:39:24,680
Speaker 3: along with other people, or they didn't culturally quite fit

876
00:39:24,719 --> 00:39:27,800
Speaker 3: in or the positions become redundant, or any other number

877
00:39:27,800 --> 00:39:29,640
Speaker 3: of things that you go And we don't mean to

878
00:39:29,680 --> 00:39:32,440
Speaker 3: scare you, but I think it's a really important preface

879
00:39:32,480 --> 00:39:34,839
Speaker 3: to make because I would hate for someone to walk

880
00:39:34,840 --> 00:39:35,440
Speaker 3: away from this.

881
00:39:36,239 --> 00:39:38,680
Speaker 1: That's a lot of tickets on ourselves. Imagine just assuming

882
00:39:38,680 --> 00:39:40,680
Speaker 1: that people are going to walk away from listening to

883
00:39:40,719 --> 00:39:43,799
Speaker 1: our contents super empowered, like, oh my god, I listened

884
00:39:43,840 --> 00:39:45,600
Speaker 1: to another Shit's on the Money episode and now I'm

885
00:39:45,600 --> 00:39:47,800
Speaker 1: going to take over the world and tell my boss

886
00:39:47,800 --> 00:39:50,800
Speaker 1: to jump Like that's a few tickets. But let's assume

887
00:39:50,800 --> 00:39:52,719
Speaker 1: that that's the case. But I think it's also about

888
00:39:52,760 --> 00:39:55,759
Speaker 1: setting really healthy boundaries and starting to, you know, not

889
00:39:55,880 --> 00:39:59,719
Speaker 1: necessarily be super confrontational. But if your boss gives you

890
00:39:59,760 --> 00:40:02,480
Speaker 1: a t at four point thirty in the afternoon and

891
00:40:02,640 --> 00:40:05,440
Speaker 1: you know that that's going to take you past your

892
00:40:05,480 --> 00:40:07,959
Speaker 1: five pm finish, and you know you might have something book,

893
00:40:08,000 --> 00:40:09,520
Speaker 1: do a drink with a friend, or you might just

894
00:40:09,520 --> 00:40:11,279
Speaker 1: want to go home to sit on the couch with

895
00:40:11,360 --> 00:40:15,399
Speaker 1: your cat. I think setting really healthy boundaries and just going, hey, Jess,

896
00:40:15,440 --> 00:40:17,200
Speaker 1: thanks so much. Is it a right if I get

897
00:40:17,200 --> 00:40:18,919
Speaker 1: to that in the morning, And they might go why

898
00:40:18,960 --> 00:40:20,400
Speaker 1: and you'll be like, oh, well, I just don't have

899
00:40:20,520 --> 00:40:22,440
Speaker 1: enough time today to do it, Like I've got to

900
00:40:22,520 --> 00:40:25,640
Speaker 1: leave at five, and unfortunately this looks like a two

901
00:40:25,640 --> 00:40:28,359
Speaker 1: hour task. And I think it's about starting to set

902
00:40:28,400 --> 00:40:31,520
Speaker 1: really healthy boundaries where they know that you're just not

903
00:40:31,760 --> 00:40:33,880
Speaker 1: willing to take that on. I think that there's a

904
00:40:34,000 --> 00:40:36,600
Speaker 1: very big difference between Hey, you're willing to take on

905
00:40:36,640 --> 00:40:39,000
Speaker 1: the work and like, oh yeah, she just leaves at

906
00:40:39,000 --> 00:40:41,759
Speaker 1: five pm on the dot Like that, from my perspective,

907
00:40:41,840 --> 00:40:44,799
Speaker 1: is potentially not what we're trying to look like. But

908
00:40:44,840 --> 00:40:47,239
Speaker 1: we're trying to set healthy boundaries. So instead of you know,

909
00:40:47,320 --> 00:40:49,240
Speaker 1: leaving at five like you mentioned, you're leaving at seven.

910
00:40:49,320 --> 00:40:52,480
Speaker 1: Like that's really unhealthy. So I think being a bit

911
00:40:52,560 --> 00:40:56,240
Speaker 1: people please or esque can be to our detriment as well.

912
00:40:56,480 --> 00:41:00,360
Speaker 1: So I think setting healthy boundaries starts with setting healthy expectations,

913
00:41:00,560 --> 00:41:03,080
Speaker 1: so going hey, did you need anything else this morning?

914
00:41:03,160 --> 00:41:05,640
Speaker 1: I'm actually gonna pop out for lunch at twelve, and

915
00:41:05,719 --> 00:41:08,959
Speaker 1: starting to set boundaries where maybe you're not necessarily saying

916
00:41:08,960 --> 00:41:11,359
Speaker 1: to your boss, hey, so I don't get lunch at all,

917
00:41:11,400 --> 00:41:14,120
Speaker 1: and I think that's ridiculous, Like you could potentially get

918
00:41:14,120 --> 00:41:17,080
Speaker 1: them offside with that, can we find a softer way

919
00:41:17,160 --> 00:41:21,439
Speaker 1: to start introducing these boundaries into your daily conversation where

920
00:41:21,520 --> 00:41:23,640
Speaker 1: instead of going, I think it's ridiculous, you just going

921
00:41:23,640 --> 00:41:25,560
Speaker 1: do you know what I deserve my lunch break? I'm

922
00:41:25,560 --> 00:41:28,239
Speaker 1: gonna go at one. Hey, I'm actually leaving it one

923
00:41:28,280 --> 00:41:30,360
Speaker 1: to go for lunch. Was there anything you wanted me

924
00:41:30,440 --> 00:41:32,960
Speaker 1: to pick up on the way back to just set

925
00:41:33,000 --> 00:41:35,239
Speaker 1: that boundary? And I think that that is a much

926
00:41:35,320 --> 00:41:38,480
Speaker 1: healthier way of starting to see how they respond to it,

927
00:41:38,719 --> 00:41:42,640
Speaker 1: because confrontation is not always the answer in these circumstances,

928
00:41:42,680 --> 00:41:46,000
Speaker 1: Like sometimes it's absolutely necessary though, And in that case,

929
00:41:46,320 --> 00:41:48,480
Speaker 1: I would be looking at making a list and just

930
00:41:48,600 --> 00:41:51,120
Speaker 1: keeping track of things and taking the emotion out of

931
00:41:51,160 --> 00:41:53,760
Speaker 1: the conversation that you need to have. We're not talking

932
00:41:53,800 --> 00:41:56,440
Speaker 1: about like I just feel like I'm not respected. I

933
00:41:56,520 --> 00:42:00,880
Speaker 1: am not respected. We don't feel things. They are things.

934
00:42:00,960 --> 00:42:03,840
Speaker 1: When you're at work, it needs to be pragmatic because

935
00:42:03,880 --> 00:42:05,720
Speaker 1: I promise, and this is going to sound really harsh

936
00:42:05,719 --> 00:42:07,719
Speaker 1: and terrible, and I promise, guys, this isn't how I

937
00:42:07,719 --> 00:42:10,640
Speaker 1: feel about you, but I promise your boss just doesn't

938
00:42:10,640 --> 00:42:12,719
Speaker 1: care about the emotional side of it. Your boss just

939
00:42:12,760 --> 00:42:14,759
Speaker 1: cares about getting the job done and you being a

940
00:42:14,760 --> 00:42:17,239
Speaker 1: good employee, and I really just I don't care how

941
00:42:17,239 --> 00:42:21,520
Speaker 1: you feel about it, like I care pragmatically what that means.

942
00:42:21,960 --> 00:42:24,319
Speaker 1: And you know, as somebody who is an employer, i'd

943
00:42:24,320 --> 00:42:27,120
Speaker 1: be heartbroken if my team thought that I was, you know,

944
00:42:27,280 --> 00:42:30,240
Speaker 1: crossing their boundaries or not respecting them, and I would,

945
00:42:30,480 --> 00:42:32,480
Speaker 1: you know, it's twenty twenty two. I would hope other

946
00:42:32,520 --> 00:42:35,160
Speaker 1: bosses feel the same way too. So I think it's

947
00:42:35,160 --> 00:42:36,840
Speaker 1: also really healthy to be like, hey, I don't know

948
00:42:36,840 --> 00:42:39,120
Speaker 1: if you know about like I literally don't have time

949
00:42:39,160 --> 00:42:41,959
Speaker 1: for lunch. I'd be horrified, Jess, if you turned around

950
00:42:42,000 --> 00:42:43,960
Speaker 1: and said I just don't have time for myself, I'd

951
00:42:44,000 --> 00:42:46,400
Speaker 1: be like, what, Like, I'm so sorry.

952
00:42:46,520 --> 00:42:48,640
Speaker 3: And I think when you're having those conversations as well,

953
00:42:48,680 --> 00:42:50,400
Speaker 3: there's probably a little bit of power. And I have

954
00:42:50,480 --> 00:42:53,480
Speaker 3: done this in the past where you just kind of no,

955
00:42:53,480 --> 00:42:55,840
Speaker 3: no in a past job, I'm gonna say it, and

956
00:42:55,880 --> 00:42:57,320
Speaker 3: you're gonna be like, oh, no, that hasn't This is

957
00:42:57,360 --> 00:42:59,920
Speaker 3: about me, about me, It's all about me, but just

958
00:43:00,160 --> 00:43:02,359
Speaker 3: keeping track of those things. So rather than just saying

959
00:43:02,480 --> 00:43:05,000
Speaker 3: I feel like I never get time for lunch, saying hey,

960
00:43:05,200 --> 00:43:07,920
Speaker 3: in the last three weeks, I've only been able to

961
00:43:07,920 --> 00:43:10,600
Speaker 3: take my full lunch break twice, or in the last month,

962
00:43:11,000 --> 00:43:15,200
Speaker 3: I've worked eighteen hours of overtime. And having something I

963
00:43:15,239 --> 00:43:17,120
Speaker 3: think a little bit more solid to put in front

964
00:43:17,160 --> 00:43:20,960
Speaker 3: of somebody shows one that you personally are really feeling

965
00:43:20,960 --> 00:43:23,759
Speaker 3: it and taking it seriously and wanting to present them

966
00:43:23,760 --> 00:43:25,360
Speaker 3: with information that they can digest.

967
00:43:25,480 --> 00:43:27,360
Speaker 1: But on their end, if you go, oh my god,

968
00:43:27,480 --> 00:43:28,680
Speaker 1: like that's a.

969
00:43:28,640 --> 00:43:31,720
Speaker 3: Whole three or four extra days of work that you've done,

970
00:43:32,280 --> 00:43:34,880
Speaker 3: that's mind bowing. I think that that also can have

971
00:43:34,920 --> 00:43:37,160
Speaker 3: a little bit of an impact, and a lot of

972
00:43:37,160 --> 00:43:39,520
Speaker 3: times if it's a bigger business sometimes things have to

973
00:43:39,520 --> 00:43:42,400
Speaker 3: be run up through different managers or if you're in

974
00:43:42,440 --> 00:43:44,480
Speaker 3: a bigger business. Obviously, as a small team, for us,

975
00:43:44,520 --> 00:43:46,160
Speaker 3: it's really easy if I have a problem to be like, hey, Vy,

976
00:43:46,680 --> 00:43:48,560
Speaker 3: this kind of cooked, and you're like, no problems, let's

977
00:43:48,560 --> 00:43:50,960
Speaker 3: fix it. But in big business it can be a

978
00:43:51,000 --> 00:43:54,560
Speaker 3: little bit more challenging, and so recognizing that you might

979
00:43:54,560 --> 00:43:56,360
Speaker 3: need to have something that your boss can take to

980
00:43:56,400 --> 00:43:58,080
Speaker 3: their boss or their boss can take to their boss

981
00:43:58,120 --> 00:44:02,200
Speaker 3: so that they can reallocate re sources to ease your load. Yeah,

982
00:44:02,239 --> 00:44:05,000
Speaker 3: because that process isn't always as direct as simple as

983
00:44:05,040 --> 00:44:06,080
Speaker 3: it really should be.

984
00:44:06,520 --> 00:44:09,680
Speaker 4: So on Wednesday's episode ES, we spoke about the importance

985
00:44:09,719 --> 00:44:11,840
Speaker 4: of keeping a paper trail. So if you're up for

986
00:44:11,840 --> 00:44:13,880
Speaker 4: a promotion or something like that, just having that evidence

987
00:44:14,040 --> 00:44:16,040
Speaker 4: on hand so you can present it to your boss

988
00:44:16,520 --> 00:44:19,080
Speaker 4: is very helpful because otherwise I can just dismiss you

989
00:44:19,120 --> 00:44:19,640
Speaker 4: and you.

990
00:44:19,520 --> 00:44:21,600
Speaker 1: Know, pretend it hadn't happen. And it's so hard to

991
00:44:21,640 --> 00:44:24,160
Speaker 1: advocate for yourself when you haven't really done it before.

992
00:44:24,520 --> 00:44:27,279
Speaker 1: And I promise evidence is that thing that's going to

993
00:44:27,360 --> 00:44:29,560
Speaker 1: feel like that crutch when you walk into that meeting.

994
00:44:29,560 --> 00:44:32,160
Speaker 1: You're like, no, I have my stuff sorted out. I

995
00:44:32,239 --> 00:44:34,799
Speaker 1: know I deserve this. I know I can advocate for

996
00:44:34,840 --> 00:44:37,799
Speaker 1: myself in this conversation, not just oh yes, I feel

997
00:44:37,840 --> 00:44:40,520
Speaker 1: like I deserve a raise, like that's just it's not

998
00:44:40,640 --> 00:44:43,360
Speaker 1: the way things should go. The other flip side, I

999
00:44:43,360 --> 00:44:47,359
Speaker 1: guess from the employer's perspective, and you know, as I said,

1000
00:44:47,480 --> 00:44:49,320
Speaker 1: I'm a bit I don't want to say good boss.

1001
00:44:49,400 --> 00:44:49,920
Speaker 3: I think I'm.

1002
00:44:49,800 --> 00:44:53,760
Speaker 1: Bloody b but like I just I get really anxious

1003
00:44:53,800 --> 00:44:55,799
Speaker 1: that I would take advantage of people and I would

1004
00:44:55,840 --> 00:44:58,480
Speaker 1: never ever want that. So I think from my perspective,

1005
00:44:58,480 --> 00:45:01,359
Speaker 1: it goes one of two ways. If you're working over

1006
00:45:01,440 --> 00:45:04,799
Speaker 1: time with me, there's two things that could go wrong.

1007
00:45:05,040 --> 00:45:07,400
Speaker 1: I've either that allocated you too much work for the

1008
00:45:07,400 --> 00:45:09,319
Speaker 1: amount of hours that I have you each and every

1009
00:45:09,320 --> 00:45:11,680
Speaker 1: single week, in which case that's a me problem and

1010
00:45:11,760 --> 00:45:14,560
Speaker 1: I really need to reallocate that or think about a

1011
00:45:14,560 --> 00:45:18,600
Speaker 1: way to lift that workload. Again, it's not on my employees.

1012
00:45:18,680 --> 00:45:21,120
Speaker 1: It's on me as an employer to make sure that

1013
00:45:21,160 --> 00:45:23,839
Speaker 1: your allocated tasks that are in line with your job

1014
00:45:23,880 --> 00:45:27,520
Speaker 1: description and your capabilities, and if not, cool, we need

1015
00:45:27,560 --> 00:45:30,360
Speaker 1: to reallocate. Sometimes your boss might not be privy to

1016
00:45:30,400 --> 00:45:32,640
Speaker 1: the fact that you know, hey, g can you just

1017
00:45:32,719 --> 00:45:34,840
Speaker 1: organize this spreadsheet in the head It might be a

1018
00:45:34,880 --> 00:45:37,600
Speaker 1: timided job. In reality, it might be a three hour job,

1019
00:45:37,640 --> 00:45:39,080
Speaker 1: and you just need to sit down with your boss

1020
00:45:39,080 --> 00:45:41,479
Speaker 1: and be like, do you realize that, like these things

1021
00:45:41,480 --> 00:45:44,000
Speaker 1: that you're allocating me are taking so much longer than

1022
00:45:44,040 --> 00:45:45,960
Speaker 1: you think they are, In which case, is there a

1023
00:45:46,000 --> 00:45:48,840
Speaker 1: way we can automate it? Or can we just reset

1024
00:45:48,920 --> 00:45:52,560
Speaker 1: realistic expectations of what this work looks like? Or on

1025
00:45:52,600 --> 00:45:55,960
Speaker 1: the flip side, i'm allocating you work, you're staying back

1026
00:45:56,000 --> 00:45:58,040
Speaker 1: to get it done because you don't actually have the

1027
00:45:58,080 --> 00:46:01,080
Speaker 1: technical skills to do that work I have allocated you,

1028
00:46:01,360 --> 00:46:03,200
Speaker 1: in which case I need to have a look at

1029
00:46:03,200 --> 00:46:05,040
Speaker 1: it and go, Okay, cool, is there any training I

1030
00:46:05,080 --> 00:46:06,879
Speaker 1: can give you jest? Or we need to do some

1031
00:46:07,280 --> 00:46:10,200
Speaker 1: stuff that could help you, or is that the right

1032
00:46:10,280 --> 00:46:12,440
Speaker 1: role for you, in which case you need to have

1033
00:46:12,480 --> 00:46:15,200
Speaker 1: a think about it and go, am I really struggling

1034
00:46:15,239 --> 00:46:17,319
Speaker 1: here and I just don't understand the role, or am

1035
00:46:17,360 --> 00:46:19,399
Speaker 1: I not passionate about it? So I'm putting it off

1036
00:46:19,480 --> 00:46:22,040
Speaker 1: all throughout the day to work on it at night

1037
00:46:22,080 --> 00:46:24,120
Speaker 1: to get it done. And I'm staying back not because

1038
00:46:24,200 --> 00:46:26,120
Speaker 1: I'm not good at this, because I just really don't

1039
00:46:26,160 --> 00:46:27,600
Speaker 1: like my job and I'm just not doing it when

1040
00:46:27,600 --> 00:46:29,759
Speaker 1: I should be doing it. So I think that from

1041
00:46:29,840 --> 00:46:32,440
Speaker 1: my perspective, those are the two ends of the spectrum

1042
00:46:32,440 --> 00:46:35,279
Speaker 1: where I go. It's either absolutely me or it's my

1043
00:46:35,440 --> 00:46:38,360
Speaker 1: team member that I need to be supporting more. Both

1044
00:46:38,440 --> 00:46:42,240
Speaker 1: outcomes are it's my responsibility to manage that as your manager.

1045
00:46:42,560 --> 00:46:44,359
Speaker 1: So I think it's important to look at that as

1046
00:46:44,400 --> 00:46:48,400
Speaker 1: well and potentially give your manager or your employer the

1047
00:46:48,520 --> 00:46:51,160
Speaker 1: tools to understand that. Like, I think it's about having

1048
00:46:51,200 --> 00:46:54,520
Speaker 1: those open, honest conversations and just feeling out what that means,

1049
00:46:54,800 --> 00:46:58,640
Speaker 1: because like confrontation, if you're making a TikTok like sounds

1050
00:46:58,800 --> 00:47:01,120
Speaker 1: really good, like I'm got to put up with anything,

1051
00:47:01,520 --> 00:47:03,839
Speaker 1: in reality, it's a bit of a different circumstance.

1052
00:47:04,239 --> 00:47:06,680
Speaker 3: So definitely go back and listen to Wednesday's episode about

1053
00:47:06,719 --> 00:47:10,040
Speaker 3: how to have those hard conversations, and yeah, really recognize

1054
00:47:10,040 --> 00:47:11,879
Speaker 3: that it's a case by case basis. We don't want

1055
00:47:11,880 --> 00:47:14,239
Speaker 3: anyone making any rash choices and finding themselves in a

1056
00:47:14,280 --> 00:47:17,200
Speaker 3: sticky situation. But also, if you're being asked to do

1057
00:47:17,239 --> 00:47:19,720
Speaker 3: something that's unreasonable, that's not cool, and that is something

1058
00:47:19,760 --> 00:47:22,040
Speaker 3: that your employer should be fixing. And if they're not,

1059
00:47:22,800 --> 00:47:23,640
Speaker 3: maybe it's time to all.

1060
00:47:23,520 --> 00:47:25,359
Speaker 1: Of your other options whom you need to say sorry

1061
00:47:25,400 --> 00:47:27,279
Speaker 1: for your loss, and they'll say what loss, and you'll

1062
00:47:27,320 --> 00:47:30,799
Speaker 1: be like me, tutlu. All right, that is all we

1063
00:47:30,880 --> 00:47:33,319
Speaker 1: have time for today. Georgia King, can you wrap the

1064
00:47:33,320 --> 00:47:34,560
Speaker 1: boring but important stuff?

1065
00:47:34,640 --> 00:47:35,359
Speaker 2: Let's do it?

1066
00:47:35,440 --> 00:47:35,800
Speaker 1: Okay.

1067
00:47:36,000 --> 00:47:38,360
Speaker 4: The advice yet on She's on the Money is general

1068
00:47:38,440 --> 00:47:42,120
Speaker 4: in nature and just not consider your individual circumstances. She's

1069
00:47:42,160 --> 00:47:45,240
Speaker 4: on the Money exists purely for educational purposes and should

1070
00:47:45,280 --> 00:47:47,400
Speaker 4: not be relied upon to make an investment or a

1071
00:47:47,400 --> 00:47:51,080
Speaker 4: financial decision. And we promise Victoria to Buyne and she's

1072
00:47:51,120 --> 00:47:54,880
Speaker 4: on the money. Are authorized representatives of in Focused Securities

1073
00:47:54,880 --> 00:47:58,879
Speaker 4: Australia Proprietary Limited ABN four seven zero nine seven seven

1074
00:47:58,960 --> 00:48:01,960
Speaker 4: nine seven zero for APHO CL two three six five

1075
00:48:02,000 --> 00:48:02,439
Speaker 4: two three.

1076
00:48:02,480 --> 00:48:15,120
Speaker 1: See you next week, guys, Guys mhm