Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Yr
Speaker 1: the Order Kerni Whaltbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 2: Hello, and welcome to She's on the Money the pod. Guys,
Speaker 2: that makes personal finance fun, especially on Fridays. It is
Speaker 2: our favorite day of the week because I get to
Speaker 2: get my little team together. It celebrate you, our incredible
Speaker 2: Shees on the Money community. It's just greachy. You've got
Speaker 2: some favorite money wins to share from the community. Miss
Speaker 2: beck say ed you better have some festive broke tips
Speaker 2: for us. And we're going to be helping to answer
Speaker 2: a juicy money dilemma this week. It's all about what
Speaker 2: do you do when your friends question the ethics of
Speaker 2: your investments and something that you slid into our dms
Speaker 2: about Christmas bonuses the festive norm or just wish for
Speaker 2: thinking it is.
Speaker 4: The last Friday before Christmas.
Speaker 5: I love Christmas, such a coziness, such a magical energy
Speaker 5: in the air, the joy, and you can like everything
Speaker 5: spells different, everything looks it. Really it feels different. It's
Speaker 5: just such a nice I'd like this. I really like.
Speaker 5: It's arguably better than Christmas Day lead up anticipation.
Speaker 2: It's like the decorating. I don't know, I feel like
Speaker 2: it becomes lots about like friends and family, and like,
Speaker 2: I don't like the thing. This is me being like
Speaker 2: maybe a little bit of a grinch. No, I don't
Speaker 2: want to catch up with you before Christmas. If you've
Speaker 2: only just worked out that we haven't seen each other
Speaker 2: in six plus months, being like, oh my god, have
Speaker 2: you got time before Christmas? I don't know. I actually don't, Sorry,
Speaker 2: I don't. It was already six months since you and
Speaker 2: I have seen each other, and if it was the
Speaker 2: first six months of the year, you would have let
Speaker 2: it go another six months so we can catch up
Speaker 2: in January or February. Is that cool?
Speaker 5: Sure? Sure, sure, anyway.
Speaker 2: There, I totally get it.
Speaker 5: But like, I know, calendar's bursting busy.
Speaker 2: I'm so tired. Jess and I have been working our
Speaker 2: butts off in the lead up to like going on
Speaker 2: Christmas break, Like, I just I don't have time. I
Speaker 2: would love to have drinks. Can you just invite me
Speaker 2: to drinks? Like on a normal Wednesday? Is that okay?
Speaker 2: Any other Wednesday, normal Wednesday drinks? Let's let's normalize that.
Speaker 5: I completely agree.
Speaker 2: But what's your favorite festive treat? Like, what are you
Speaker 2: making sure you're eating next week?
Speaker 5: You go first?
Speaker 2: Yes, I love a gingerbread. Oh have you made gingerbread?
Speaker 6: I have, and I do so I do gingerbread with
Speaker 6: royal icing piped on it. So it's kind of like
Speaker 6: a realizing ginger they're so good gingerbread.
Speaker 2: Yeah, we know you do. We basically canceled Jessica last Christmas, right, so, like,
Speaker 2: but she's on the money. Girls, We were like, will
Speaker 2: you bit artsy crafty? So we decided that we're all
Speaker 2: going to come to my house and we're going to
Speaker 2: make gingerbread houses. But Beck, we got the like pre
Speaker 2: made gingerbread houses. You just had to decorate them, and
Speaker 2: it kind of became like a competition of everyone decorating there.
Speaker 2: Of course there's the best, right, and so like I'm
Speaker 2: there messing it up. I think a few ginger Yeah,
Speaker 2: thank you, she doesn't mean that. I think a few
Speaker 2: people's gingerbread houses fell over before we even began.
Speaker 5: Structural integrity is not there exactly.
Speaker 2: Your archite tests. Like the expectations were too high. I
Speaker 2: think someone made like a construction site out of their
Speaker 2: so they were like, this is what I was to do.
Speaker 5: Yeah, like after the demolition, Yeah, it.
Speaker 2: Was like it's demo, like it's in right, like haha. Anyway,
Speaker 2: Jess was sitting over in the corner like carefully piping
Speaker 2: on her bloody structuring. Yeah, like perfect flowers of course.
Speaker 2: Literally everything was symmetrical, and we were just like, cool,
Speaker 2: we'll just see ourselves out. Ours look literally like a
Speaker 2: dog's breakfast literally, and then Jesses looks like a little
Speaker 2: model house. So guess what we didn't do this year?
Speaker 2: No gingerbread house, but if you're doing one with your.
Speaker 6: Friends, because we did a gingerbread we do a gingerbread
Speaker 6: house with our friends, I say, we add the structural
Speaker 6: integrity test you.
Speaker 5: Oh yeah, you you've seen the TikTok.
Speaker 2: That's why they were all construction sites, because jess shook
Speaker 2: all of our bloody houses.
Speaker 5: Is it earthquake proof?
Speaker 1: Is it?
Speaker 6: You literally just get everyone around the table, you go, oh,
Speaker 6: who's his the cutest, whatever, who's is the strongest. You
Speaker 6: do a little on the table, and you see, it's
Speaker 6: very fine.
Speaker 2: I would houses fell down except for Jessica.
Speaker 5: This is great. I'm actually gonna write this down. It's
Speaker 5: really it's.
Speaker 6: Okay because then if you're if creativity is not your thing,
Speaker 6: you just you go for solid bills.
Speaker 2: Yes you know, and yes the rest of our team
Speaker 2: had neither, and that's okay too. We were there and
Speaker 2: we showed up, and that is all that.
Speaker 5: Counts, all the count It's good to know there are
Speaker 5: several different categories that you can wear, multiple judging what's
Speaker 5: your favorite treat? Okay, so I know this is a
Speaker 5: year round tree. You can have this whenever you want.
Speaker 5: But there's something so like cozy about the nutmeggie, cinnamony,
Speaker 5: cardamom me. Are you going to say I'm not? I'm
Speaker 5: saying custard tar Okay, I.
Speaker 2: Was about to be.
Speaker 5: Likened, like what do you do with it?
Speaker 2: It's eggs? Like you guys are.
Speaker 5: Insane, Yeah, but like what do you put where do
Speaker 5: you put it?
Speaker 2: Like what is it in your mouth? Like a drink
Speaker 2: to drink it is a legitimate drink from.
Speaker 5: The carton, like you like milk and you just drink it.
Speaker 2: You can or you can make it. I remember I
Speaker 2: went to a Christmas party one year. It was like
Speaker 2: I was in high school and I went to this
Speaker 2: girl's house and she made eggnog and they were like
Speaker 2: handing it around. Jes don't give me that place. I
Speaker 2: didn't know what it was. And it looked cute, looks
Speaker 2: like a yeah, and she had these really cute glass
Speaker 2: tea cups, and I think it was because her family
Speaker 2: did eggnog all the time, and it's like the way
Speaker 2: you do it. Anyway, she gives me this thing and
Speaker 2: I thought it was cute, and it smells like a
Speaker 2: custard tart, right like that smelled like that smell so delicious,
Speaker 2: And I drank it and I liked it. I did it,
Speaker 2: did Yeah, have you tried it? It's actually it's like
Speaker 2: runny custard like it's actually really nice until you realize
Speaker 2: that the eggs are raw. Yeah, everything about it just
Speaker 2: puts me unacceptable. But if you didn't know, and I
Speaker 2: handed you a cute little milkshake in a really cute
Speaker 2: glass tea cup, you're can drink it. You gotta have
Speaker 2: raw egg I imagine I'm unacceptable.
Speaker 5: Not on that boat.
Speaker 2: I'm gonna be honest unacceptable. It's your favorite treaty obviously
Speaker 2: Christmas crack. Actually they're the Christmas crack, which is like
Speaker 2: my favorite sweet treat. But for me, there's two things
Speaker 2: that make Christmas. Sorry, can I say three things that
Speaker 2: make Christmas? Christmas? Okay? So it's fresh cherries, so like
Speaker 2: a big bowl of like fresh cherries. I am very lucky.
Speaker 2: I grew up on the morning to Meninsula and there's
Speaker 2: lots of cherry farms around, and so we would go
Speaker 2: to a cherry farm when we're younger and get like
Speaker 2: the box of cherries, and so that always reminds me
Speaker 2: of Christmas. And for some reason, maybe I don't know
Speaker 2: when cherry season is, but like only buy cherries at Christmas.
Speaker 5: I was gonna say it is anyone like cherries.
Speaker 2: Cherry cherries, so like it's like a Christmas it is
Speaker 2: a Christmas treat. Yeah, like they're the fruity treat. Fresh mangos, yeah,
Speaker 2: fresh fresh Christmas. And prawns, yeah, big king prawns, Like
Speaker 2: you have to shell them yourselves. One year, Mum and
Speaker 2: I shelled all of the prawns before Christmas for everybody
Speaker 2: because we were like, oh, we're so nice, we can
Speaker 2: to shell them all. Yeah, and then like next day
Speaker 2: you can just have them with a thousand island dressing.
Speaker 2: It has to be like a thousand island dressing anyway.
Speaker 2: Ten out of ten prawns, cherries, I'm sold for Christmas
Speaker 2: and a glass of champagne.
Speaker 5: Such an uzzy Christmas thing. I love it.
Speaker 2: Oh, I don't want winter Christmas, like, don't get me wrong,
Speaker 2: the idea. And like we had a friends giving recently
Speaker 2: and I did roast turkey, which, by the way, I
Speaker 2: think I slayed it. Like I think I did a
Speaker 2: really good job because I think turkey is hard to
Speaker 2: cook because it goes really dry. But what I did
Speaker 2: was basically buff the thing in butter. Yeah, so that's
Speaker 2: probably why it tasted good. But turkey's not that good
Speaker 2: the reason our turkey. Yess, I'm you know, I'm not
Speaker 2: offended if you were like me, turkey was so gay. Yeah,
Speaker 2: yeah it was well seasoned, like I had lots of seasoning,
Speaker 2: lots of spices, lots of butter and salt and pepper
Speaker 2: and all of that, and I cooked it in chicken
Speaker 2: stock to make sure it was extra delicious. But turkey
Speaker 2: is not that good.
Speaker 5: Yeah, auzsy of us.
Speaker 6: When we do our friends like our friend Christmas friends mess,
Speaker 6: we call it, we do just a Wollezer Coal's roast chicken.
Speaker 5: And call it a day.
Speaker 2: Like it's so much easier, and to be honest, it's
Speaker 2: really cost effective.
Speaker 6: One you don't because the toat like you had, you
Speaker 6: went all in, you'd like a big ass like the
Speaker 6: time and the space.
Speaker 2: It's a little to impress you to it did a
Speaker 2: great job. Yeah, and then everyone got to take home
Speaker 2: leftovers and that was kind of wholesome. But I will
Speaker 2: say that like a roast chicken on Christmas, you genius.
Speaker 2: You know what you could do? You could pull it
Speaker 2: out and put it like on a cute tray, or
Speaker 2: you could like pull it out of the bag, break
Speaker 2: it up like get some kitchen scissors, break it up
Speaker 2: like get the drumsticks and stuff and put them on
Speaker 2: a really nice plate reheated in the oven with some
Speaker 2: foil over the top of it and maybe like put
Speaker 2: some you could put water over the top of it
Speaker 2: to keep it moist, or like some stock and maybe
Speaker 2: some herbs or something that you you know, got's gonna
Speaker 2: deliberated and it would literally perfume your house. Yes, like
Speaker 2: you've done a roast chok on your own.
Speaker 5: You guys like a bubble and squeak.
Speaker 2: Oh, I love a bubble and squeak Christmas Christmas leftovers. Yeah,
Speaker 2: that's why you always have to do extra potato exactly
Speaker 2: will bubble and squeak? My dad does the best bubbleak.
Speaker 5: Yeah, it's just a big mash up of everything that's
Speaker 5: left over from Christmas lunch. I'm actually shocked.
Speaker 2: To the core. What are you doing? Bubble and squeak
Speaker 2: traditionally is re fried potatoes with whatever veggies or like
Speaker 2: roast meats that you've got, but like potatoes would be
Speaker 2: the core of it. And you kind of either use
Speaker 2: mashed potatoes like that's the elite, or like whole potatoes,
Speaker 2: but you like crush them a little bit and then
Speaker 2: put them together in like little patties and then fry
Speaker 2: them on the frying pan, and you would often have
Speaker 2: them for breakfast the next morning after like Christmas or
Speaker 2: after some big event where you have lots of like
Speaker 2: roast leftovers with maybe like poachy eggs on the top.
Speaker 2: O the egg makes because it's a runny egg over
Speaker 2: the top. Yeah, that's a great idea. Also, Cuby Mayo, Ah,
Speaker 2: Cuby Mayo or anything. Five stars, five stars, five stars.
Speaker 2: Speaking of five stars, Miss jessic Ricci, would you like
Speaker 2: to hear a five star review that we got this week?
Speaker 3: Oh?
Speaker 5: Absolutely, that's credible.
Speaker 2: What about you?
Speaker 5: Beck to you in yes, if it's okay.
Speaker 2: I loved this one. This one's from Carly. She gave
Speaker 2: us a five star review and it said changed the game.
Speaker 2: So cute. Felt so behind in my money journey before
Speaker 2: finding this podcast. The girls are the best money cheerleaders.
Speaker 2: Jess and Beck make me feel not so alone when
Speaker 2: it comes to finance. That's so cute.
Speaker 5: That's really sweet.
Speaker 2: It's like that I get to read it out and
Speaker 2: then you guys get the compliments.
Speaker 5: I'm not gonna lie. I love it when someone says
Speaker 5: my name about it. It's so cute cheerleaders. That's so fun.
Speaker 2: That's sweet, which is my favorite thing ever. But let's
Speaker 2: get into it, Miss Jessici last one before Christmas comes.
Speaker 2: What money, wins and confessions have you got from the
Speaker 2: group we rity this week?
Speaker 6: I'm going I start off with one from Allison, who
Speaker 6: said she bought a tool from Buddings last week. It
Speaker 6: was a Christmas present. Five days later it went on
Speaker 6: a deal where you got a free battery and charger
Speaker 6: with the purchase of the tool. The battery and the
Speaker 6: charger are worth four hundred bucks. What she's like, Normally
Speaker 6: I'd take the hit, but four hundred dollars of value
Speaker 6: is too much to and.
Speaker 2: Also that like bumps up, the present makes it really good.
Speaker 6: She caught up Buddings and they were happy to let
Speaker 6: her just return it and rebuy it so she could
Speaker 6: get the thing that she wanted. She said, A huge
Speaker 6: win for me and my gift recipient. And never be
Speaker 6: afraid to ask your kind retail peeps.
Speaker 2: That's so great.
Speaker 6: Be kind to the retail peeps. So someone who has
Speaker 6: done Christmas me nice?
Speaker 5: Why are people so rude? I know it's so weird. Okay,
Speaker 5: what are you angry? At them for.
Speaker 2: Also, it says so much more about you than it
Speaker 2: does the staff member, even if that staff member is
Speaker 2: completely incompetent. I get it. But if you then treat
Speaker 2: someone like trash babe, that's on you. I don't care
Speaker 2: what they did. If you can't keep your call, if
Speaker 2: you can't get your stuff together, looks like you need
Speaker 2: some therapy.
Speaker 5: That's true. Absolutely.
Speaker 6: Next, I've got a money in from Elisa who said
Speaker 6: she found a handbag with all of the stuff in
Speaker 6: it in a shopping center car park. Both the center
Speaker 6: management and the police station were closed, so she took
Speaker 6: it home and waited for the phone, which was inside,
Speaker 6: to ring. Two hours later, a call came through from
Speaker 6: this handbag. It was someone's son. He picked up the
Speaker 6: bag and its contents, and he gave her one hundred
Speaker 6: dollars for her honesty. I thought it was really sweet,
Speaker 6: and as someone who has left there purse somewhere before.
Speaker 2: Brook did that literally a couple of weeks ago from
Speaker 2: our team, she left her whole handbag on the floor
Speaker 2: at a restaurant. She went back and she was like, oh,
Speaker 2: it was fine. I'm like, how are you so chill
Speaker 2: about this? Like I'd be losing my mind. I feel good,
Speaker 2: wholesome people. I was at office works the other day actually,
Speaker 2: and I found a phone just like I was like
Speaker 2: peruising the aisles and there was just an iPhone sitting there.
Speaker 2: And it's that awkward. Okay, I can see an iPhone.
Speaker 2: I can see it somebody's it's got like a cover
Speaker 2: on it. If I pick this up and I walk
Speaker 2: it to like the front, is the owner of it
Speaker 2: going to see me with it and think I'm stealing it?
Speaker 5: I know, I get so scared of that too.
Speaker 1: You.
Speaker 2: I'm like, I'm trying to do the right thing here,
Speaker 2: Like I'm not going to steal someone's iPhone. I've just
Speaker 2: found it on a shelf. But I also know I'm
Speaker 2: not going to leave it on the shelf because not
Speaker 2: everyone is honest. So I'm like, I'm going to take
Speaker 2: this to the front. So I do. I don't know
Speaker 2: if other people do this, but I do this awkward
Speaker 2: like swipe no, no, no, I like, pick it up,
Speaker 2: but hold it. I'm not trying to like, I'm not
Speaker 2: trying to put this in my pocket or hide this
Speaker 2: from you. Ha ha ha ha, like and said, oh
Speaker 2: that's mine. I did it the other day at the
Speaker 2: swimming pool. I was at the pool and I just
Speaker 2: come out of the family changing area and someone had
Speaker 2: left their sunglasses in there, and I saw them and
Speaker 2: picked them up and was like, when you see a
Speaker 2: pair of sunglasses that are prescription sunglasses, you can immediately
Speaker 2: tell that their prescription. And I was like, oh, someone's
Speaker 2: going to be mad. So I picked them up and like,
Speaker 2: I'm holding towels under my arm and like we carry
Speaker 2: a basket and I'm holding the sunglasses and this woman
Speaker 2: comes around the con she goes, they're mine, and I
Speaker 2: was like, oh, yeah, I just found that, and I
Speaker 2: felt like I was like, I know I've been called
Speaker 2: out or something, but in reality, i'd pulled them out
Speaker 2: to bring them to reception as I was leaving. Look,
Speaker 2: I don't want you prescription sunglasses. So I like make
Speaker 2: this awkward small chat and I'm like, oh, yeah, I
Speaker 2: noticed that they were prescription ha ha ha. Like I
Speaker 2: was gonna hand them and they would have been expensive,
Speaker 2: and she's like looks at me. She's like, yeah, they
Speaker 2: were expensive, And I'm thinking, do you think I'm stealing these?
Speaker 5: What are you going to do with prescription?
Speaker 2: We were also like, I wouldn't steal these totally. Oh anyway,
Speaker 2: that just gave me a lot of anxiety. So then
Speaker 2: when I found the phone, I'm like, here we go again.
Speaker 6: Yeah, over hand eating, it's the right thing to do.
Speaker 6: We those of us who leave things places, appreciate all
Speaker 6: your honest good things happened to good people. As from
Speaker 6: our team says, I used that on an Instagram post
Speaker 6: the other day. She's like, you copied me because it's
Speaker 6: in her Instagram bio. But good things do happen to
Speaker 6: good people.
Speaker 2: They do, absolutely Doogle bigger a men nest.
Speaker 5: What am I win?
Speaker 6: From Holly who said it's a non money money win
Speaker 6: for me. I love this since I'm now on top
Speaker 6: of my finances. Her brother, who used to be the
Speaker 6: money was in the family and Holly was the money
Speaker 6: mess and his girlfriend asked her to create a.
Speaker 5: Budget for them. So she created a whole spreadsheet.
Speaker 2: And you know that with the cash flow system, And
Speaker 2: she said, a year ago, I just never would have
Speaker 2: been able to do that. That's really goody so cool
Speaker 2: to be able to do it for someone else.
Speaker 5: Be for real. They spreading the good word, the disciples.
Speaker 2: They're goings spreading the Shees on the Buddy Words. I
Speaker 2: heard that colts worked really well for multi level marketing business,
Speaker 2: and I thought, why reinvent the wheel? We too could
Speaker 2: have a cult, but we were not very good at it.
Speaker 2: So we're actually just like telling people that they can
Speaker 2: do whatever they want with their financial freedom. We really
Speaker 2: need to create a product to keep them in the cult.
Speaker 5: Yes you shot that one.
Speaker 2: Yeah.
Speaker 6: Next, I've got a money in from Emma, who said
Speaker 6: it's her first time sharing a money in. She bought
Speaker 6: a walking pad treadmill for her work from home at
Speaker 6: desk and it was one hundred and twenty dollars on
Speaker 6: Facebook Marketplace in normal retails for two hundred and thirty.
Speaker 6: It was also her first time using Marketplace and she
Speaker 6: said she's officially converted and bonus points it's pink and cute.
Speaker 2: Oh how good that is?
Speaker 5: That is cute and mine's dying, so I'm gonna.
Speaker 2: Look at the same So it's not going to cost
Speaker 2: you one hundred and twenty dollars. That looks spinner does.
Speaker 6: The next time, money went Alexandra, who said money win.
Speaker 6: The theme for my works Christmas party last week was errors,
Speaker 6: so obviously I went in my money making error, dressed.
Speaker 5: As a million dollar bill. Nod.
Speaker 2: He thought that was going she dresses and actually quite
Speaker 2: disappointed with this. Which era would you have gone?
Speaker 6: Us?
Speaker 2: What would I have gone?
Speaker 5: As I keep hearing error like the.
Speaker 2: Sorry yeah Jessica, I'm thinking, like you know, like era
Speaker 2: eraror oh yeah, you're not going to make that.
Speaker 6: Well, Alexandra went in her money making error. She dresses
Speaker 6: a million dollar bill because girls trying to manifest and
Speaker 6: low and behold. She won best Oh my god, right,
Speaker 6: she won a certificate with a little fifty dollars voucher,
Speaker 6: and she said her money making costume really did make
Speaker 6: her money.
Speaker 5: That's actually so good.
Speaker 6: Peak of the winning costume, of course, she said, it's
Speaker 6: bleary as hell. But this was when I was strutting
Speaker 6: my stuff on stage.
Speaker 5: Look at her. What a queen.
Speaker 2: Okay, I would have liked. You got to go find
Speaker 2: the fan. Absolutely, you absolutely win. My husband actually went
Speaker 2: to his work Christmas party last no, not last week,
Speaker 2: a couple of weeks ago. Oh yeah, and he did
Speaker 2: you see this on social media? Bits so funny. The
Speaker 2: theme was legends. Yeah, so that was it, so you
Speaker 2: could go as any legend you wanted. To and my
Speaker 2: husband obviously wig and all dressed up as Raygun. Honestly,
Speaker 2: the night before his Christmas party, we were on YouTube.
Speaker 2: He was practicing the dance mooth. I love that, and
Speaker 2: he looked great. Honestly, the wig looked very real. Thank you.
Speaker 2: It was twelve dollars on Amazon.
Speaker 3: You great.
Speaker 2: He didn't come home with it, though.
Speaker 5: Someone went home with a little potytail wig.
Speaker 2: Someone.
Speaker 5: Do you want Lucky keep it?
Speaker 6: Yeah?
Speaker 5: You don't want that one hanging around to you?
Speaker 1: No?
Speaker 2: Absolutely not.
Speaker 6: Lastly, this week, I've got a money win from Caitlin,
Speaker 6: who said she purchased a one past subscription on Black Friday.
Speaker 2: Don't even I did too?
Speaker 4: Well?
Speaker 5: Yeh, I read this one because I sent it to you. Yeah,
Speaker 5: and you said you got to do this.
Speaker 2: So sorry to Sideline there. So we clearly talk about
Speaker 2: money wins on the podcast. Yes, we also just text
Speaker 2: each other all week about money wins. Yes, like our
Speaker 2: text I'm like, oh my god, did you see so Jess.
Speaker 2: I'm not gonna spoil it, but did you see the
Speaker 2: one past one? Did you see what you can get? Oh? One,
Speaker 2: I'll explain, sure, we'll get there.
Speaker 6: Oh, let me read itait this's bit first and we'll
Speaker 6: come back around. So Caitlyn said she purchased the one
Speaker 6: Past subscription on Black Friday, which means it was fifty
Speaker 6: percent off half price. She's used it twice since she
Speaker 6: purchased it with two discounts, she said, So her Christmas
Speaker 6: shop is officially done, parcels are on the way, and
Speaker 6: she's already saved ten bucks.
Speaker 5: Using the one Pass in those two times.
Speaker 2: So good. And I think the annual membership was, like
Speaker 2: was it forty dollars? Yeah, so it's forty dollars on sale,
Speaker 2: but it was like eighty dollars full price to like
Speaker 2: join one Pass, right, So one Pass this is not
Speaker 2: sponsored by the way, but I'm about to talk about
Speaker 2: it like it's an ad.
Speaker 5: Do I know someone at one Pass?
Speaker 2: I am here to sell this to you, right, Like
Speaker 2: I think it's great. So one Pass is like the
Speaker 2: rewards platform that the people who own Kmart and Bunnings
Speaker 2: and office Works and like a whole heap of other
Speaker 2: businesses own. So it's owned by West Farmers, right, So
Speaker 2: they've created this rewards platform and they obviously want heaps
Speaker 2: of people to join, So it's in collaboration with Flybys
Speaker 2: who are in I want to say Cohoots with West Farmers,
Speaker 2: so like it's like, oh, that's why you can get
Speaker 2: Flybys points at literally all of those stores. Plus I
Speaker 2: believe Coals, So that's a money when to begin with.
Speaker 2: But when you sign up to one Pass, you get
Speaker 2: free shipping on like your Camart purchases. There's like a
Speaker 2: minimum price threshold, but it's not much, so you get
Speaker 2: free shipping on your like Camart target, I believe price
Speaker 2: line all of these purchases, right, which is money win.
Speaker 2: And I've already made my money back from online purchases
Speaker 2: because like how many times do you want to order
Speaker 2: something on Kmart? But like I'm not paying ten dollars
Speaker 2: for shipping lane Camar when the item was ten dollars,
Speaker 2: Like that not happening free. And my favorite part because
Speaker 2: I have decided that I am now in my points
Speaker 2: hacking era. If I went to that costume party, just
Speaker 2: I would have gone as a Flybys card. But you
Speaker 2: get five times points whenever you're signed into one Pass,
Speaker 2: so instead of just getting one.
Speaker 5: Point five ah and then those points eventually yeah, like
Speaker 5: you can read times for the money off or use
Speaker 5: them in the reward store, so like that's where I got.
Speaker 2: Such a good deal and like five times points. It
Speaker 2: makes no business sense, like in my head, like they're
Speaker 2: losing money on this. But it's not even like a
Speaker 2: promo when you join. It's just like if you're a
Speaker 2: one past member, that's that's the bonus you get it.
Speaker 2: It just happens every time. Oh my god. Okay, anyway,
Speaker 2: one pass call me. I would love to talk to
Speaker 2: you about working together in twenty twenty five. That's my pitch.
Speaker 2: I could talk about it more, but you haven't paid.
Speaker 5: So that seems fair. Yeah, it's the sales still on.
Speaker 2: No, sorry, can't talk about it anymore. Can't. Sorry?
Speaker 3: The show?
Speaker 2: Yeah, call me Jess? Is that all it?
Speaker 5: Surance? I love that?
Speaker 2: All right?
Speaker 5: Beck?
Speaker 2: What if you got to bring to the table any
Speaker 2: festive broke tip.
Speaker 5: I do have some festive broke tips, so I'd like
Speaker 5: to say that all of these are festive. So first
Speaker 5: I'm gonna go with one from Beck great name, who
Speaker 5: says this will be applicable for any parents who have
Speaker 5: heaps of toys for their kids, likely gifted by other
Speaker 5: people or just ones you have lying around the house.
Speaker 5: So when kids are young, they tend to gravitate towards
Speaker 5: the same toys, and all of the toys get forgotten about.
Speaker 5: My sister in law took the toys they've never played
Speaker 5: with girls two and five and re wrapped them for
Speaker 5: their birthday, and they don't remember because they're kids, and
Speaker 5: they loved the toys and now they're playing with it
Speaker 5: because honestly, they have so many toys. It reduces waste
Speaker 5: and money, and I think it's really cool. I think
Speaker 5: it's a great idea. If you do that for Christmases
Speaker 5: for other kids, or if you Yeah, I feel like
Speaker 5: if you've got if you've got kids yourself and you
Speaker 5: have like and they're just not touching all these other toys,
Speaker 5: they're not going to notice it. Low key genius, and
Speaker 5: then you wrap them up you give them to other
Speaker 5: kids in the family or friends or whatever.
Speaker 2: I just think it's a great idea. One of grand
Speaker 2: girlfriends for her kids first birthday. You know those ride
Speaker 2: on cars, got in one of those.
Speaker 5: Cute.
Speaker 2: It was so cute. It was this like fake obviously
Speaker 2: I'm Mercedes g Wagon, so cute. He cried because he
Speaker 2: was one. He thought it was really scary. He didn't
Speaker 2: like it, so they put it back in the box
Speaker 2: and gave it to him when he turned to and
Speaker 2: he loved it. That's so jo.
Speaker 5: I think that's so smart.
Speaker 2: It's so literally so smart. They were like, oh, we
Speaker 2: thought he'd really like it, but he didn't, so we're
Speaker 2: just going to give it to him next year.
Speaker 5: Yeah, yeah, yeah, yeah, funny. We're really clever and it's
Speaker 5: reducing waste, yeah, which I really like that. The next
Speaker 5: one comes from Emma, and it does lead me into
Speaker 5: my own but you'll see why. So Emma messaged me
Speaker 5: to say that she saw some cute little houses that
Speaker 5: came up and didn't buy them at the time. Then
Speaker 5: on the weekend realized she could make them from polystyrene
Speaker 5: foam that had come with a package that she had
Speaker 5: bought just like random other package, so she'd used that.
Speaker 5: She'd used the blocks and corners and glued them together
Speaker 5: with a hot glue gun, and then for the real
Speaker 5: broke tip, she got some misstint paint from Bunnings four
Speaker 5: dolls for a sample, pot got some baking powder different
Speaker 5: to buy carb about three dolls from Coals, added some
Speaker 5: of the baking powder to the paint, which is which
Speaker 5: is like some chemical reaction. Starrett looks like render exactly exactly.
Speaker 5: And so basically she made these like little houses and
Speaker 5: they look ceramic. I think she was going for She
Speaker 5: did send us photos and she also sent us a
Speaker 5: photo give me wreath that she'd made just literally from
Speaker 5: going for a walk around the neighborhood.
Speaker 2: So this is the wreath that's really cute.
Speaker 5: Do you want me?
Speaker 2: Can I put this anywhere?
Speaker 6: Can?
Speaker 2: Yeah, we'll put it in the Facebook group.
Speaker 5: And then the little houses those are really.
Speaker 2: Very cute, so fun little DIY project.
Speaker 5: Absolutely, And why that leads me to my own broke
Speaker 5: tip is it's very I feel like Christmas decorations. Of course,
Speaker 5: gifts and stuff can be d I, but I'm speaking
Speaker 5: decorations because I didn't realize how they just add up
Speaker 5: because like you buy I don't know, like you buy
Speaker 5: like a ten dollar like string of fairy lights here,
Speaker 5: you buy like a four dollar pack of baballs here,
Speaker 5: It's like it really starts adding up very quickly. Anyway,
Speaker 5: I'm going to be doing a craft tonight with my
Speaker 5: partner and her sister, and we're going to just be
Speaker 5: like making ball balls from scratch.
Speaker 2: Like that's fun.
Speaker 5: I did make one yesterday that was like a love
Speaker 5: heart with like you know when you like put little
Speaker 5: papers to make it look three d oh yeah, yeah, yeah,
Speaker 5: just one of those little ballball just get like string.
Speaker 5: I don't know how much string is, like five cents,
Speaker 5: I don't know. I don't think.
Speaker 2: I don't just always it's anything this world still five cents,
Speaker 2: I don't think. So what do we use? Five cents?
Speaker 5: Is for good question?
Speaker 2: Don't even buy lollies at the shop anymore.
Speaker 5: I know it's discussing what is this? They just go
Speaker 5: into my money tin five cents one day, they'll be
Speaker 5: thirty cents. Yeah, one day, but.
Speaker 2: It will never happen. I'm sorry, I don't know. I
Speaker 2: don't have time to explain the concept of inflation, but
Speaker 2: that won't happen. Sorry, bye.
Speaker 5: But anyway, even tinsel, you know, you get like long,
Speaker 5: you just like cut it out.
Speaker 2: It's as unnecessarily expensive.
Speaker 5: It is why it gotta be so expensive.
Speaker 2: You could make pomp pom ones. Yeah, so cute.
Speaker 5: Arguably, like you know those little extraw cleaners that what
Speaker 5: they call pipe cleaner. Sorry, make a star out of that.
Speaker 5: I think the entire tree and also we're not looking
Speaker 5: at it up close. We're just seeing the vibe of
Speaker 5: the tree most of the time.
Speaker 2: Sorry, the vibe of the tree is high because everything
Speaker 2: on it was handmade, handmade exactly.
Speaker 5: Give you a couple more, please, please please.
Speaker 6: Paper chains are really cute. You cut them into like
Speaker 6: the long and you loop them together. Could you do
Speaker 6: any color and paper? Also, if you want to make
Speaker 6: your own little ornaments, it's really good. You just do
Speaker 6: look it up on the internet. But like flower water, salt,
Speaker 6: like a basic kind of plato air dry clay texture,
Speaker 6: roll it out cookie cutters and.
Speaker 5: Then you can paint them or you can. That's cute.
Speaker 5: Also very cute because you.
Speaker 2: Do like pet poor prince in love hearts Yes, also
Speaker 2: really good. Yes.
Speaker 5: And if you have kids, I feel like it's a
Speaker 5: fantastic way to get them to because I remember when
Speaker 5: I was a kid, it's exciting thing the Christmas tree.
Speaker 5: But it's also like after like an hour of meticulously
Speaker 5: it's just like it can be boring.
Speaker 2: So it's exciting.
Speaker 5: If you tell the kids we're going to make them,
Speaker 5: then I don't know, it's just it.
Speaker 2: Does that and gets the kids to do the wrapping paper.
Speaker 2: So she buys big rolls of Butcher's paper and then
Speaker 2: the kids decorated or like walk across it with their
Speaker 2: feet and paint and like it's very exciting. It's really sweet.
Speaker 2: I love that anyway. That's it from me, Dary Decoration
Speaker 2: d It's full of are you feeling? Like everywhere on
Speaker 2: socials and even in my friendship groups, I feel like
Speaker 2: everybody's reverting to more of a traditional Christmases than it,
Speaker 2: Like we're not going for the big shiny tree anymore.
Speaker 2: We're going for like the thoughtful, handmade tree.
Speaker 1: Yes, is that?
Speaker 2: Am I? I feel like I'm the only one really
Speaker 2: noticing this, And maybe it's because, like I'm very into economics,
Speaker 2: but this is maybe overlay side step. Did you know
Speaker 2: that during times of economic uncertainty this is just me
Speaker 2: being a little bit of nerd, people will revert back
Speaker 2: to traditional ways of doing things because it feels stable.
Speaker 5: Yes, that's so really interesting.
Speaker 6: TikTok about the rise of the traadwife and like the
Speaker 6: narrowsmith of it all and how that was potentially tied
Speaker 6: back to it, which is so interesting.
Speaker 2: Yeah, like we're all just looking for a little bit
Speaker 2: of stability. Yeah, when we want something a little bit
Speaker 2: more wholesome, a little bit more stable, And I was like, oh, okay,
Speaker 2: I feel cold out because I literally was like, oh,
Speaker 2: I love my tree, but is it meaningful enough? Should
Speaker 2: we be doing more like homemade, handmade stuff on here? Anyway?
Speaker 5: That's means someone too, It's meaningful.
Speaker 2: Thank you, Thank you. Let's go to a really quick
Speaker 2: break because I want to get into the flip side
Speaker 2: of this episode really quickly, because we're going to be
Speaker 2: talking about what do you do if your friend questions
Speaker 2: the ethics of your investments. Imagine if you just said
Speaker 2: the pub beck having your nice soda water and someone's like,
Speaker 2: I'm your investment's ethical awkward? But how do you have
Speaker 2: that conversation? And you slid into our dms. This week
Speaker 2: we're going to be talking about our Christmas bonus. Is
Speaker 2: the festive norm or are they just wishful thinking? So
Speaker 2: don't go anywhere. Welcome back everyone.
Speaker 5: Let's take a listen to this week's mummy dilemma.
Speaker 2: Hi, there, have you got a money dilemma you just
Speaker 2: can't solve that. She's on the Money Team is here
Speaker 2: to help. Every week we tackle your dilemmas, both big
Speaker 2: and small. To answer your most burning money, career and
Speaker 2: life questions. To get involved, simply head to our website
Speaker 2: and leave us a short voice recording, and you might
Speaker 2: just find yourself on the show. Now, let's take a
Speaker 2: listen to this week's money dilemma. Hi, she's on the
Speaker 2: money team.
Speaker 3: I've been on my investing g for a while now.
Speaker 3: I dove in head first before I even knew what
Speaker 3: an ETF was, and bought shares in a few different things,
Speaker 3: including a mining company and some banks, because I saw
Speaker 3: them as safe bets. I'm now a bit wiser and
Speaker 3: transitioning to ETFs, but I'm also considering purchasing an investment
Speaker 3: property in the near future. When I try to talk
Speaker 3: about investing with my friends, they look at me as
Speaker 3: though I'm a horrible person. They think it's unethical to
Speaker 3: be investing this way, especially regarding an investment property, and
Speaker 3: while I understand where they're coming from, I personally disagree.
Speaker 3: I've worked insanely hard and made a lot of sacrifices
Speaker 3: to get where I am financially, But am I wrong
Speaker 3: for my investment choices? Do you have any advice for
Speaker 3: discussing investments with people who give you a hard time
Speaker 3: because they don't agree with your level of ethical tolerance.
Speaker 5: It's an awkward one.
Speaker 2: I talk about this all the time on the podcast
Speaker 2: because I get messages and people going the what's a
Speaker 2: good ethical investment? And ethical to you back might be
Speaker 2: very different to what ethical to Jess is. And unfortunately
Speaker 2: in Australia, it's not like organic. And I've said this before,
Speaker 2: but like you can go to the shops right beck
Speaker 2: and you could go to the organic section if you
Speaker 2: really want to spend an arm and a leg. So
Speaker 2: you're going to go to the organic section and you'll
Speaker 2: see that things are certified organic, which means they had
Speaker 2: to go through this rigorous testing process of like do
Speaker 2: they do this, this, this and this, and then if
Speaker 2: they pass all those tests, they get a big tick
Speaker 2: and they get to put the sticker of I'm a
Speaker 2: certified organic product on there. Right, that does not exist
Speaker 2: for ethical in Australia. Ethical is just a word like
Speaker 2: I could call it ethical and you go the it's
Speaker 2: a tobacco company and I go, yeah, but like have
Speaker 2: you seen their pay structure? They really look after their team,
Speaker 2: Like okay, that might be your level of ethical. So
Speaker 2: it's an interesting conversation to have with people because what
Speaker 2: you accept is very different to what I might accept,
Speaker 2: which is very different to what you know, Jess might accept.
Speaker 5: That's cool.
Speaker 2: That's why we actually love having these conversations because we
Speaker 2: ask diverse But ess, what would you do if I
Speaker 2: turned around and maybe not me, because I feel like,
Speaker 2: be like what, sit down? Shut up? Be What if
Speaker 2: you're at brunch and one of your friends was like, oh,
Speaker 2: you want to buy an investment property? Jess, Yeah, that's unethical.
Speaker 6: I think investment properties specifically are very polarizing as an investment, like,
Speaker 6: I think it's less so I can see that, you know,
Speaker 6: mining and things might also be somewhat controversial. But I
Speaker 6: think all the things that our listener listed, the property,
Speaker 6: the investment property is probably the most you know, talked
Speaker 6: about one in the group because I think that people
Speaker 6: are very divided on this, Like we've seen it in
Speaker 6: our comments, we've seen it in other groups and other places.
Speaker 6: People feel very strongly one way or the other, and
Speaker 6: it really does come down to your personal compass. I think,
Speaker 6: like my perspective on it is, I'm a renter. If
Speaker 6: people didn't have investment properties to rent out, I would
Speaker 6: be hopeless, do you know what I mean? So on
Speaker 6: some level, I think that it's ethical. Yes, the discussion
Speaker 6: that a lot of people have is around people who
Speaker 6: have ten properties then you know, driving up housing prizes,
Speaker 6: driving you know, people like you and mebeck out of
Speaker 6: the property market because they've driven the prices up so
Speaker 6: high we can't afford them because maybe they're using their
Speaker 6: equity or blah blah blah. And I do kind of
Speaker 6: agree with that side of the argument.
Speaker 5: I think, God, I don't.
Speaker 6: Want to get too much into the politics of it all,
Speaker 6: but I think there's more regulation to be done, particularly
Speaker 6: around like overseas investment and properties that don't have anybody
Speaker 6: living in them and things like that. I think, like,
Speaker 6: as a whole, we need people to invest in property
Speaker 6: because tenants need to be able to live somewhere, Like
Speaker 6: that's the case for me. And I think it's hard
Speaker 6: because if someone does have a portfolio of ten properties,
Speaker 6: at the same time, I want to acknowledge that they've
Speaker 6: obviously hopefully worked really hard to get them and like
Speaker 6: put themselves in what they think is a good financial position.
Speaker 6: And I don't really want to lack be like you're
Speaker 6: a bad person either, because if that was me, I'm
Speaker 6: sure i'd feel a lot of pride and enjoy in
Speaker 6: the fact that i'd done that. Yeah, I think the
Speaker 6: ethical issue doesn't necessarily the responsibility of it doesn't necessarily
Speaker 6: come down to the individual investor. And maybe that's a
Speaker 6: naive opinion, but I think, like my perspective on the
Speaker 6: ethics of it is it needs to be more regulated
Speaker 6: from a government point of view.
Speaker 2: Agreed. I think it's a very complex whebit of ethical
Speaker 2: and economic circumstances that come together to have this conversation.
Speaker 2: And maybe we've done an episode on this before and
Speaker 2: we can link it in the show notes so that
Speaker 2: you can deep dive into it more. But I think
Speaker 2: it's actually a bigger, broader conversation. So there's obviously a
Speaker 2: number of different arguments, and like I would hope that
Speaker 2: as she's on the money, we talk about them pragmatically.
Speaker 2: I am a property investor, and I don't see that
Speaker 2: as inethical or unethical for me to engage in. But
Speaker 2: I also think it comes back to my own morals
Speaker 2: and my own ethics and the way that I run
Speaker 2: my life.
Speaker 4: Right.
Speaker 2: I think that there are a lot of people in
Speaker 2: this world who are like me, But then there are
Speaker 2: a lot of people who put the onus on the tenant,
Speaker 2: and that to me is not ethical. So like, if
Speaker 2: I'm going to lease out my property, I think we
Speaker 2: need to go back to the basics of why we're
Speaker 2: investing in the first place. Right, We're investing to create wealth.
Speaker 2: But at the crux of it, we need to remember
Speaker 2: that there is a risk and reward chart, and to
Speaker 2: take risk to get reward, that risk has to be acknowledged.
Speaker 2: And one of those risks of investing in investment properties
Speaker 2: is that you're not just going to be able to
Speaker 2: purchase an apartment off the plan and lease it out
Speaker 2: and automatically get you know, a seven percent yield on
Speaker 2: your rental return and it's all sunshine and roses, and
Speaker 2: you paid your deposit, but don't worry, all of your
Speaker 2: tenant's rent coming in is paying the mortgage. Like, yes,
Speaker 2: that is a golden opportunity, and some people are in
Speaker 2: that situation ethically. But then I also believe some people
Speaker 2: are in that situation inethically or unethically because they're overcharging
Speaker 2: their tenenance for what I believe is a basic human right. Yeah,
Speaker 2: do I think if I own an inner city apartment
Speaker 2: that I can charge a premium on that, I don't
Speaker 2: own one, But I do think that's the case because
Speaker 2: to me, rent is also a lifestyle expense. So there
Speaker 2: is the basic human need to have a roof over
Speaker 2: my head for a reasonable amount of money, and I
Speaker 2: think that's up to the government to legislate, and I
Speaker 2: think it's up to the government to make sure that
Speaker 2: we are able to access that and have not a
Speaker 2: housing crisis, which we are currently in. But at the
Speaker 2: same time, I think that if I'm going to buy
Speaker 2: a property and it's a lifestyle property and it's not
Speaker 2: going to help the cost of living crisis or people
Speaker 2: in those situations, yeah, you can charge a premium for
Speaker 2: your location or your view or whatever. Like you're not
Speaker 2: taking the miki, but you are taking the miky. If
Speaker 2: you are trying to increase your tenants rent because your
Speaker 2: mortgage repayments increased, yeah, that is not your tenants responsibility.
Speaker 2: In fact, let's pretend you know nothing about their financial situation.
Speaker 2: Potentially they chose to rent because they wanted the stability
Speaker 2: of a consistent payment each month and they didn't want
Speaker 2: that financial responsibility. If your mortgage repayments increase. That's a
Speaker 2: you problem, not a tenant problem. And like, I just
Speaker 2: think that that's where things get a little bit inethical.
Speaker 2: There's also the flip side argument where people think that
Speaker 2: beck for example, you're not allowed to own multiple properties
Speaker 2: until everyone in Australia owns one property so everyone can
Speaker 2: be on the property ladder. And to that, I would say, no,
Speaker 2: that's not how our economic situation works, right, Like, we
Speaker 2: don't actually live in a communist society. Things aren't pulled
Speaker 2: together and then shared out equally in our society, Like,
Speaker 2: we are very lucky to live in Australia where we
Speaker 2: have a really good social system. I'm not saying it
Speaker 2: is perfect. I'm not saying that there aren't things that
Speaker 2: need fixing. There absolutely are. But we live in a
Speaker 2: society where people who can't get by are given resources
Speaker 2: to get by, but people who go above and beyond
Speaker 2: and try to make businesses and take big risks are
Speaker 2: rewarded for that. And I don't think it is fair
Speaker 2: to say that every single person should be able to
Speaker 2: buy a property. Is it a situation where I think
Speaker 2: everybody should be able to purchase a property. I want
Speaker 2: to say yes because I would want that, but also
Speaker 2: economically no, Like, we are in a and this is
Speaker 2: probably a much larger conversation and I'm going to do
Speaker 2: a whole podcast on this at some point soon, but
Speaker 2: we are in a situation in Australia where our country
Speaker 2: has only been colonized for two hundred issues, meaning that
Speaker 2: property was so much more accessible historically. Owning property internationally
Speaker 2: is not the norm. You look at places like Germany
Speaker 2: and Sweden and nobody owns like I think it's like
Speaker 2: only forty percent of their communities are homeowners because the
Speaker 2: norm is to rent. And I actually think that instead
Speaker 2: of trying to make property more accessible at this point,
Speaker 2: because with inflation, with things increasing, with the cost of
Speaker 2: living crisis that we're going through, I think the solution
Speaker 2: and I'm not saying that is a perfect solution, but
Speaker 2: one of the solutions is actually changing our rental laws
Speaker 2: and changing tendency agreements. Like overseas, very normal to sign
Speaker 2: a ten year lease agreement, very normal, to sign a
Speaker 2: ten year lease agreement with stepped increments over a period
Speaker 2: of time, so normal to be given permission to repaint
Speaker 2: the entire inside of a home, make changes you know
Speaker 2: updated kitchen if you want to, as long as you're
Speaker 2: adding value. I couldn't even in Australia when I rented
Speaker 2: put a painting on a wall when I requested permission
Speaker 2: because they didn't want me to ruin it, Like we
Speaker 2: don't feel in Australia like rental properties are our own homes,
Speaker 2: whereas internationally that's actually the norm. People will rent a
Speaker 2: place and live there for thirty forty years, like that
Speaker 2: is the norm. So I think there's a very big sorry,
Speaker 2: that's like a complete sideline. I think there's a very
Speaker 2: big conversation to be had here and it would be
Speaker 2: interesting to unpack why your friends are saying that your
Speaker 2: ethical investments aren't ethical. Are they saying that because they
Speaker 2: are really against mining? Are they saying that because investing
Speaker 2: inherently is something that they're uncomfortable with. If so, why,
Speaker 2: because at the end of the day, the only way
Speaker 2: for an individual to create wealth if they did not
Speaker 2: come from wealth, is to invest. Whether you are investing
Speaker 2: in the share market, whether you are investing in creating
Speaker 2: your own business, you are never going to create wealth
Speaker 2: in a salary and payg job without doing something with
Speaker 2: the income that you earn. It's just the reality of
Speaker 2: the situation. It's not nice, it's not fun. But you
Speaker 2: saying that not investing in general is the most ethical thing,
Speaker 2: and therefore your suffering because of the lack of investing
Speaker 2: that you're doing. I don't want people to be in
Speaker 2: that position. Yeah, I want you to have that education
Speaker 2: in that choice. So I feel like that's more of
Speaker 2: a reflection of them than a reflection of you.
Speaker 5: I have friends that sound very similar to this, and
Speaker 5: I'm probably more on that end too, but not in
Speaker 5: a way that's like, you know, I don't want to
Speaker 5: ever be shoving my opinion to anyone's throats, but I
Speaker 5: have a.
Speaker 2: Podcast that's what I do every day. So angel go Ham.
Speaker 5: Yeah, Well, I just think it's all everyone's in a
Speaker 5: unique situation. Like you can't like put a blanket rawn
Speaker 5: on literally everyone. But I think that if you're leaning
Speaker 5: more on the spectrum of like wanting to make sure
Speaker 5: that you'll purchase us every day ethical and like I
Speaker 5: don't know, like taking a keep cup and like doing
Speaker 5: your part in the world to like not leave quite
Speaker 5: as big an impact. It's like we are doing all
Speaker 5: these things we are trying to like look into companies
Speaker 5: before we buy from them, and all these like you know,
Speaker 5: the same with shares and stuff, looking into where your
Speaker 5: money is going before you invest. And I think some
Speaker 5: people can do it really really well and and they've
Speaker 5: covered everything off, but there are some people that just
Speaker 5: like like our listener who we're referring to here, firstly,
Speaker 5: I just want to say, like, yeah, with the with
Speaker 5: the investment property, I think if our listener knows that
Speaker 5: it is a risk, it is an investment. And if
Speaker 5: you have a share and the share price goes dramatically
Speaker 5: down and you lose money, that was the risk, the risk,
Speaker 5: that's the risk. You lost money. Sorry, that's it. And
Speaker 5: if you understand that you're putting someone in the house,
Speaker 5: you have an investment property, someone's renting it out and
Speaker 5: the I don't know, I actually.
Speaker 2: You have to pay more. That's not the tenant's fault.
Speaker 5: That's the risk. That's the risk. It just keeps that
Speaker 5: in mind. If you want to buy an investment property
Speaker 5: and you're going to do it that ethically, you're fine,
Speaker 5: but yes.
Speaker 2: Likely what if the tenants move out and you haven't
Speaker 2: found a new tenant, that's that's your problem. Yeah, that
Speaker 2: is your cost to carry. That is why you have
Speaker 2: an emergency fund. That is why you have to have
Speaker 2: so much cash in surplus to own property, because there
Speaker 2: are things that are gonna pop up.
Speaker 5: Totally totally, But just in regards to the investment thing.
Speaker 5: Last week and I was at a friend's birthday thing,
Speaker 5: and it was kind of funny because like, I only
Speaker 5: drink soda waters, as you guys know, and I should
Speaker 5: have a soda stream, but I like to buy myself
Speaker 5: glass bottles of so to water when I'm so I
Speaker 5: just like, yeah, just so I feel like I'm you know,
Speaker 5: everyone's grabbing their biers and they're like popping their thing off,
Speaker 5: and I'm like, it's not to be part of that.
Speaker 5: Everyone's like, ah bag if she'd uses there's water in
Speaker 5: the tap, and I'm like, hey, guys, it's big corpor
Speaker 5: You know, you've got to worry about big corpor Me
Speaker 5: as an individual.
Speaker 2: You've got to support big corporate.
Speaker 5: You could have support.
Speaker 2: That's why you're buying their water.
Speaker 5: I just think there's so only so much weir as
Speaker 5: individuals can do on.
Speaker 2: The ground things. Big things grow, right, I know.
Speaker 5: And it's like it's like that saying like, oh, it's
Speaker 5: only one plastic straw says four million people, you know
Speaker 5: what I mean, So like I understand where they're coming from.
Speaker 5: But it's also it's also it's probably an issue that's
Speaker 5: bigger than you and exactly just saying vida if you
Speaker 5: if you are wanting to grow your money, you want to.
Speaker 5: I don't know. I just think it's the investment part
Speaker 5: not it's honestly, it's okay if you are comfortable investing
Speaker 5: in these places, that's okay. It there's something wrong inherently
Speaker 5: with the places that you're investing in. Maybe that's the
Speaker 5: government thing. And if you're buying investment property, just make
Speaker 5: sure you do it ethically.
Speaker 2: But we're not all perfect, right, We've all got different values.
Speaker 2: It's like the vegetarian who still uses plastic straws, or
Speaker 2: like the person who's using plastic straws but also you know,
Speaker 2: actually reinvests in really ethical things. On the flip side,
Speaker 2: it's I don't know, the girl who uses plastic bags
Speaker 2: is still going to rallies on the weekend about things
Speaker 2: that she's really passionate about. Like we're all just doing
Speaker 2: our best in line with our values. And if your
Speaker 2: values don't align. I think it's a really awesome opportunity
Speaker 2: to have a conversation about well, what does that mean? Like,
Speaker 2: why are you so passionate about that? Why do you
Speaker 2: think this? Instead of going, oh my god, Beck, that's
Speaker 2: so inethical and you're going, oh, that's awkward you, Oh
Speaker 2: why do you think that? Like, we can have educated conversations.
Speaker 2: We don't have to have the same opinion, yes, but
Speaker 2: we can have respectful conversations about what that means. And
Speaker 2: I think so many times if you know, Jess said
Speaker 2: I like ex and I'd be like, oh, Like if
Speaker 2: Jess said I love the color pink, I'm not going
Speaker 2: to reply, ill, I don't like pink. What about pink
Speaker 2: do you like? Like, we can have conversations with people
Speaker 2: about things that we don't enjoy so that we get
Speaker 2: a better understanding of them and their values. I agree.
Speaker 5: Amen. Anyway, she's the money laber.
Speaker 2: Oh I can't wait. I've got so much to say
Speaker 2: about Bloody Landlords that I just need to be kicked
Speaker 2: off the Marc. At this point.
Speaker 5: We'll do a whole episode.
Speaker 2: Oh we will, we will. So let's get into our
Speaker 2: DMS this week. Hey, team, I've got a Christmas bonus dilemma.
Speaker 2: I've always worked freelance or contract so I've never really
Speaker 2: had bonuses or gifts from work. It's just not something
Speaker 2: I expect. My partner, though, is used to getting them
Speaker 2: and sees them as a sign of being valued. At
Speaker 2: his last company, he didn't get a bonus at all,
Speaker 2: and he took it really personally. It started this spiral
Speaker 2: of feeling undervalued and negative about his job, which eventually
Speaker 2: led to him leaving. Now he's already talking about what
Speaker 2: his current company's bonus might look like this year, and
Speaker 2: I'm worried it's going to be the same cycle all
Speaker 2: over again. To me, is just that a bonus, it's
Speaker 2: not guaranteed. Am I out of touch here? How do
Speaker 2: I help him see the bigger picture without dismissing how
Speaker 2: he feels.
Speaker 5: I've only had one bonus ever in my entire life.
Speaker 5: I didn't realize that anyone in the world thought they
Speaker 5: were just the norm. So I've him is an out.
Speaker 5: It seems like I.
Speaker 2: Feel like it's a real corporate thing. Yeah, it's super corporate.
Speaker 2: Like my husband, for example, gets bonuses as a part
Speaker 2: of his remuneration structure, but it is outlined in his
Speaker 2: employment contract that if you know his team and the
Speaker 2: business reach x level of profitability, then this whole complex
Speaker 2: calculation comes into play. And then if he gets a
Speaker 2: five star rating, it's literally like reading a multi level
Speaker 2: marketing contract what it takes to achieve it right, and
Speaker 2: then his bonus will be capped at a certain amount,
Speaker 2: and then he will have a calculated percentage of xy.
Speaker 2: It's crazy, but some people. I eat my husband just
Speaker 2: to be honest, transparent and like, I guess a little
Speaker 2: bit relatable. That's part of his remuneration structure. And he
Speaker 2: like never knows what his bonus is going to because
Speaker 2: it's like it's too complex for me to work outside
Speaker 2: just wait until work tell me, Oh, this is what
Speaker 2: the bonus is this year. But for me, I've never
Speaker 2: received a bonus, and I would in corporate. But then
Speaker 2: also I feel like small business they don't do bonuses.
Speaker 1: No.
Speaker 5: I just think maybe like bonuses are for the top
Speaker 5: dogs who maybe don't need it. But I can understand
Speaker 5: that bonuses are there for like people to work towards
Speaker 5: something throughout the year so they have this you know,
Speaker 5: incentive at the end of the year. I feel like
Speaker 5: it just feels kind of unfair for those on the
Speaker 5: ground who don't actually have those things to work toward.
Speaker 5: If you're just like if you're a receptionist, and it's like,
Speaker 5: you're not technically directly making money for the company, so
Speaker 5: you don't there's no way for you to get an
Speaker 5: incentive to get the bonus, or it's like, but you
Speaker 5: probably need it more than anyone else in the goddamn company,
Speaker 5: you know what I mean. So I just feel like
Speaker 5: a bonus should be a nice, if at all, a
Speaker 5: nice little I know that's not what the discussion is,
Speaker 5: a nice little surprise at the end of the year,
Speaker 5: like everyone's worked very hard, you all get the exact
Speaker 5: same amount of money, and that's all. But I did
Speaker 5: this person say that he's changed companies and he left
Speaker 5: because he didn't feel valued. But before he left, he's
Speaker 5: been the same company, got a bonus, and then didn't
Speaker 5: get a it was.
Speaker 2: A new company, and the new company feel valued by
Speaker 2: that new company, so he left. I just think like
Speaker 2: if there was no discussion about why there was no bonus,
Speaker 2: then you might you might not even know. Maybe it's
Speaker 2: just not something that they do, or maybe that's not
Speaker 2: it's like it's probably nothing to do with the worker
Speaker 2: at all. In fact, yeah, it's probably so many different things,
Speaker 2: the cost of living, anything else. But I can understand
Speaker 2: that if you're used to it and then it just
Speaker 2: kind of doesn't happen. But I've got so many opinions
Speaker 2: and I don't want to like put them in here
Speaker 2: because I want to ask my actual employee what she
Speaker 2: thinks about bonuses before I tell you my thought process
Speaker 2: on them.
Speaker 6: My experience similar to yours, it's where I wait that
Speaker 6: would bus experience with bonuses was always corporate similar to
Speaker 6: your husband. It's it's outlined as a part of your
Speaker 6: remuneration scheme, and there's clear markers, like it's not like, oh, like,
Speaker 6: you've been a nice person this year.
Speaker 5: So you get to find root.
Speaker 6: It was always very clear KPIs to achieve so, and
Speaker 6: in my experience it was everyone within the company was
Speaker 6: eligible for bonus. I've received bonuses at two different companies,
Speaker 6: and in both of those places it was like they
Speaker 6: were very achievable, and so it wasn't like a if
Speaker 6: you do a crazy thing this year. It was always
Speaker 6: like hey, like, if you've done your job well for
Speaker 6: the r you know, hit your key KPIs everyone's eligible
Speaker 6: for a bonus. I do believe it was tiered based.
Speaker 6: I think it was akin to your your salary. So
Speaker 6: I think like people who were recent something like more
Speaker 6: senior people who were earning more did get bigger bonuses.
Speaker 6: But then arguably those people were taking on larger workloads
Speaker 6: or larger responsibilities or whatever. So like that's how that worked.
Speaker 6: But like everybody knew, like you knew if you were
Speaker 6: going to get your bonus or not effectively, and you
Speaker 6: knew that it was because it was something that you
Speaker 6: was agreed upon, like when you were hired. I think
Speaker 6: that in terms of him leaving, I don't know, because
Speaker 6: obviously we're hearing this from our listener's point of view
Speaker 6: in the way that she's interpreted it. I don't think
Speaker 6: a bonus and not getting a bonus is enough for
Speaker 6: somebody to leave a company.
Speaker 2: But I feel like there would be more going on.
Speaker 6: Correctly, I think that maybe it's a it's symptomatic of
Speaker 6: like the straw that broke the camel's back, so to speak,
Speaker 6: Like if you're feeling undervalued, if you're not feeling a
Speaker 6: part of the team, if you're not feeling like your
Speaker 6: work's being recognized if you're not feeling like XYZ, and
Speaker 6: then you were hanging in there and you're like, oh,
Speaker 6: at least at the end of the year, I'm going
Speaker 6: to get my bonus, and you didn't get a bonus.
Speaker 6: I can see how that would maybe push somebody over
Speaker 6: the edge, but I think that it would probably be
Speaker 6: stacking on top of a heap of other things, exactly right.
Speaker 6: I do think that when you're being hired, it is
Speaker 6: kind of your responsibility to figure out those things. Like,
Speaker 6: I don't think you should just expect that every company
Speaker 6: does a bonus structure, because it looks different everywhere, in
Speaker 6: the same way that compensation broadly looks different at every company.
Speaker 6: So I do kind of think that your partner probably
Speaker 6: should have looked into that or spoken to their manager
Speaker 6: or kind of sust it out, because I don't think
Speaker 6: you can just expect everywhere to use a bonus structure
Speaker 6: or to do it the same way as your previous employers.
Speaker 6: But yeah, I think that them leaving was probably a
Speaker 6: result of a number of things. Not simply not getting
Speaker 6: a Christmas bonus would be my thoughts.
Speaker 2: Yeah, I guess this is flipping to the other side
Speaker 2: as the employer. I don't do Christmas bonuses. I don't
Speaker 2: do bonuses at all because as a small business you
Speaker 2: kind of like when you're structuring your business, you step
Speaker 2: back and go, okay, cool, like how much can I
Speaker 2: afford to pay these people? What can I do? And
Speaker 2: I would much prefer to max out what I can
Speaker 2: pay people annually then like withhold a certain amount of
Speaker 2: their remuneration for the rest of like, I don't know.
Speaker 2: It just made me uncomfortable, like looking at the different
Speaker 2: business structures, like when you hire one employee, and Jess
Speaker 2: was my first in sheese on the money, and I
Speaker 2: remember having already run a company and had employees. I
Speaker 2: remember going, all right, well, this is actually a whole
Speaker 2: new entity. I should look into the type of remuneration
Speaker 2: structure I should offer, because you know, prior to Jess,
Speaker 2: I had only hired financial advisors and mortgage brokers, and
Speaker 2: I'd never really had somebody in a content role. And
Speaker 2: I was like, well, what does that look like? And
Speaker 2: I remember looking into like the different remuneration structures and
Speaker 2: talking to a recruitment person about what would be the
Speaker 2: best and talking to my employment lawyer and being like,
Speaker 2: you know, what are other businesses in this space doing,
Speaker 2: and getting a heap of advice, and ultimately I felt
Speaker 2: the most comfortable with going okay, cool, I can afford
Speaker 2: to pay Jess the salary that she really wants, instead
Speaker 2: of going, oh, well, actually, Jess, it's actually ten grand
Speaker 2: below what you are asking for. But if you're really
Speaker 2: good and you work really hard, you can get another
Speaker 2: ten grand at Christmas. Like I in my head just
Speaker 2: didn't like that anticipation of like, I don't know the
Speaker 2: idea that Jess or even any employee would be really
Speaker 2: waiting until Christmas to be able to afford something, or
Speaker 2: really waiting until a bonus to make something happen. Like
Speaker 2: I just I like the clarity of clean numbers. That
Speaker 2: doesn't mean that Christmas isn't a generous time for our
Speaker 2: business though, Like I feel like at Christmas time we
Speaker 2: still have a really beautiful party, have a you know, presence,
Speaker 2: all of that fun stuff. But I feel like that's
Speaker 2: then again back to what you were saying, like a surprise,
Speaker 2: it's not expected. It's an enjoyable experience. But then I've
Speaker 2: also been talking to someone recently where they're like, yeah,
Speaker 2: we had our work Christmas party, like everyone was told
Speaker 2: only have one drink because that's all the tab cover
Speaker 2: and it just feels so stingy. And that's what would
Speaker 2: make me feel like my business didn't value me like
Speaker 2: I would hate for And this is again complete personal opinion.
Speaker 2: Everybody runs their businesses differently, Like I cannot wait for
Speaker 2: our work Christmas party sit down with everybody? Beck bloody,
Speaker 2: she's busy route, but like, no, sit down with everybody
Speaker 2: for a really nice lunch. Also, can we just talk
Speaker 2: about how we always pick a lunch because I don't
Speaker 2: want after work hours to be a part of your
Speaker 2: expected work period of time. And we will be doing
Speaker 2: that during workouts. I mean it'll probably kick on, let's
Speaker 2: be honest, Like every year, Yes, everyone's gone out for drink,
Speaker 2: STUFFWI towards and had a really fun time. But like,
Speaker 2: I just hate the idea at Christmas time I would
Speaker 2: expect one of your evenings.
Speaker 5: Yeah so busy.
Speaker 2: Yeah, we're already busy anyway. I feel like there's you know,
Speaker 2: give and take. But then other small business owners would
Speaker 2: be like, oh, absolutely not. We don't do a Christmas party.
Speaker 2: We just buy everybody a Christmas hamper and send them
Speaker 2: on their way on you know, the twenty third of December,
Speaker 2: and I just I don't know. We've all got our
Speaker 2: own way of doing things, but I feel like a
Speaker 2: bonus is not reflective of how valued you are. There
Speaker 2: would have to be other things at play. Yeah, I agree,
Speaker 2: I agree what everyone else say. Oh that was slow juicy.
Speaker 2: So said, have you ever scored a Christmas bonus? Only
Speaker 2: nine percent of you said, yeah, I get one every year.
Speaker 2: I'm sure, right, yeah. Twenty two percent of you said occasionally,
Speaker 2: but it's definitely not the norm. And then sixty nine
Speaker 2: percent of you said, nap never had a bonus.
Speaker 4: Wow.
Speaker 2: We said, do you think Christmas bonuses should be performance
Speaker 2: based or given equally? Sixty percent of you said performance
Speaker 2: based and forty percent of you said given equally to everybody.
Speaker 2: What are your thoughts? I think this is like, if
Speaker 2: she's on the money, was giving bonuses? Is it equal?
Speaker 2: Is it performance based?
Speaker 4: Well?
Speaker 5: I think that the risk is like here, what we're
Speaker 5: hearing now is that this guy literally left his company
Speaker 5: because he felt really disenchanted, really undervalued. This is the
Speaker 5: negative effect that bonuses can have if not given to everyone.
Speaker 5: But Also, it's like if you perceive that you have
Speaker 5: worked hard all year, but your coworker, your cowork hasn't.
Speaker 5: All your stats haven't lined up with that, but you've
Speaker 5: been burnt to the crisp. You are burnt out. You've
Speaker 5: worked so hard, you really loyal to the company, but
Speaker 5: because on paper your stats might not show that, you
Speaker 5: don't get a bonus.
Speaker 2: Sorry, you know what I mean.
Speaker 5: It's just like, I feel like performance some people are
Speaker 5: really not you know, they're just come into the bare minimum.
Speaker 5: That's fine. If they've kept their job, then they're just
Speaker 5: they're doing their job, and that's okay. I don't think
Speaker 5: we need to always be like striving for extra, extra extra.
Speaker 5: If you're doing your job, that's plenty. That's what you've
Speaker 5: been hired for. You're doing good. Yeah. I just think
Speaker 5: the risk that people will feel undervalued and actually be
Speaker 5: working hard and not ever be seen is higher than
Speaker 5: just giving everyone the same and someone benefits even if
Speaker 5: they've just kind of walked in they come in late
Speaker 5: all the time. That's rarer.
Speaker 2: I think, yeah, that's fair.
Speaker 6: The metrics are hard too, because generally, like you have
Speaker 6: people doing such different things, like in my job, like
Speaker 6: I'm directly linked to like revenue being generated. About to
Speaker 6: say that somebody like our graphic designer, Like what she's
Speaker 6: doing is absolutely generating revenue direct do you know what
Speaker 6: I mean?
Speaker 2: Like I could sit down and I like that's I
Speaker 2: was about to be like, I think it's given equally,
Speaker 2: But that goes back to a bigger conversation about accountability,
Speaker 2: performance management, and stuff. So I know, in my she's
Speaker 2: on the money team. I'm proud of you guys, So
Speaker 2: that's why I always gloat. But like everyone in my
Speaker 2: team works friggin hard. Yeah, if you don't work hard,
Speaker 2: it's not the environment for you. It's going to be
Speaker 2: very obvious. Like I would say, I'm not a micromanager,
Speaker 2: Like I'm not sitting there being like what are you doing?
Speaker 2: Just but it will be obvious if Jess wasn't doing
Speaker 2: her job, same with literally anybody else in the team.
Speaker 2: But you know, we've got our graphic designer. She can't
Speaker 2: put a number on what her work brings in. But
Speaker 2: if you didn't have a graphic designer, just what are
Speaker 2: content's going out? What content is going on?
Speaker 5: What am I selling?
Speaker 2: You know, we've got a podcast producer and she's fantastic,
Speaker 2: but jess, what are you selling if our broadcast producer
Speaker 2: doesn't do her job?
Speaker 1: Well?
Speaker 6: If you can't, it's so hard because I think, and
Speaker 6: especially if you look at like a larger company, you go, oh,
Speaker 6: like an admin assistant for example, versus someone in a
Speaker 6: sales team. Your team on paper is bringing in money,
Speaker 6: but like.
Speaker 2: I'm sorry, the assistant is making sure that they can
Speaker 2: do their job.
Speaker 6: Running ragged to make it happen. So it's it's hard
Speaker 6: because I think you're not comparing like for lack for
Speaker 6: like when you do it exactly. I do like the
Speaker 6: idea of it as much as I understand what you're
Speaker 6: saying back about how some people might coast and some
Speaker 6: people might go above beyond, I do kind of like
Speaker 6: the idea of it being applied equally again equally valued. Yes,
Speaker 6: I agree, but I mean there's arguments that go both ways, right, But.
Speaker 2: But I think in this situation, they're saying it's because
Speaker 2: he doesn't feel valued, and it's like, well, to me,
Speaker 2: that's all or nothing kind of statement, like that's not
Speaker 2: I don't feel valued because I generated an extra X,
Speaker 2: y Z. Then you know, just over in sales, like
Speaker 2: what you expected, Like, I don't know. I just don't
Speaker 2: like the idea that one team member would get preferential
Speaker 2: treatment to another because they had sales target. Anyway, it
Speaker 2: becomes so comp Look how complex we're making it. We
Speaker 2: did ask the community for some opinions. Would you like
Speaker 2: to hear them?
Speaker 5: I thought you might so.
Speaker 2: First person said, my dad used to get a Christmas
Speaker 2: ham and a slaber beer. I've never had anything from work.
Speaker 2: Do you know what my dad's work used to give
Speaker 2: away a Christmas Ham?
Speaker 5: You set Christmas ham? Christmas like, I'll just bid sharing too.
Speaker 5: Thanks for this leg that's really bad, terrible. Well, it's
Speaker 5: probably on me. I didn't I wasn't making a song
Speaker 5: and dance. I should have.
Speaker 2: Someone else said, I get it as vouchers, not big bonuses.
Speaker 2: But last year they just gave it to me in
Speaker 2: my pay. But then I got extra attacks.
Speaker 5: Of course that's all they did.
Speaker 3: Ye.
Speaker 2: If I am giving cash to a team member, like
Speaker 2: for some reason, or like a bonus or a Christmas present,
Speaker 2: not bonus, you know what I mean? Like, if there's
Speaker 2: some reason I'm gifting them something, it will come as
Speaker 2: a vis a gift card. Most of the time, because
Speaker 2: I'm literally like, okay, cool. I don't want to be like, oh,
Speaker 2: here's a Mecca gift card. If I don't know your
Speaker 2: financial situation, maybe like one hundred dollars at Mecha sligh.
Speaker 2: I know Jess that so like, I don't think there'd
Speaker 2: be any complaints, but maybe Beck, you'd be like what
Speaker 2: the hell? Like I would prefer hundred bucks in my
Speaker 2: bank account. Yeah, the groceries like a Visa gift card
Speaker 2: can do that. So if you're an employer and you've
Speaker 2: never done it, and you're thinking about Christmas this year
Speaker 2: and you're like, oh, I don't know what to get people,
Speaker 2: you've probably already done it because today's the last Friday
Speaker 2: before Christmas.
Speaker 5: But silence away for next year, Away for next year.
Speaker 2: Visa gift cards are I would say employees favorite type
Speaker 2: of gift cards because they can be used anywhere. True.
Speaker 5: True.
Speaker 2: True. Someone else said, no bonuses when you work for
Speaker 2: the government. If you think you add that much value,
Speaker 2: you should be asking for a raise.
Speaker 5: Also a relevant point. Well that's a good point.
Speaker 2: Yes, you think you deserve more, ask for it.
Speaker 5: Huh. That's a really good point.
Speaker 2: But humbling.
Speaker 6: I like it.
Speaker 2: Yeah, someone else said, I've always received a gift card
Speaker 2: reflective of my role level and workload that year in
Speaker 2: three roles. Now cool. I didn't realize the gift cards
Speaker 2: were so prominent. Yeah, I like this picasso. Someone else said,
Speaker 2: in this climate, reality is most businesses can't afford bonuses.
Speaker 2: It doesn't mean they don't value you. Someone else said,
Speaker 2: a bonus is a bonus, and it shouldn't be expected
Speaker 2: because it's a bonus.
Speaker 6: Which kind of contradicts the fact that it gets put
Speaker 6: into a lot of remuneration schemes.
Speaker 2: Yeah, I feel like we are confusing the terminology. So like,
Speaker 2: obviously in if it's in your remuneration structure, a bonus
Speaker 2: is a bonus if you meet a certain amount of KPIs,
Speaker 2: then there's like a whole structure to it. It sounds
Speaker 2: like this person didn't have, like going back to the
Speaker 2: listener question, they didn't have that in their pay structure.
Speaker 2: It's not like, oh, it was in his contract and
Speaker 2: he never got paid it. It's like a little Chris,
Speaker 2: it's a little Christmas treat he was expecting but didn't get. Yeah,
Speaker 2: so if it's in your pay structure, I don't know.
Speaker 2: I don't know.
Speaker 5: It's just so varied, isn't it.
Speaker 2: Someone else said, I worked exceptionally hard one year only
Speaker 2: for everyone to get the same bonus.
Speaker 5: I can see how that would be.
Speaker 2: Yes, Like coming back to what you are saying, Yeah,
Speaker 2: I can see what. Whereas from an employer's perspective, I
Speaker 2: kind of look at it and go yep, because I'm
Speaker 2: pretty sure when I look at my business as a
Speaker 2: wholest team effort, totally.
Speaker 5: Yeah, and honestly, like sometimes just being like, hey, you
Speaker 5: actually did a great job this year, like that's plenty,
Speaker 5: that feels really good, And.
Speaker 2: I'll have personal conversations about that, you know, discuss it
Speaker 2: and talk about salary and talk about all of those
Speaker 2: things separately, because I don't want people to not feel valued.
Speaker 2: But like a little gift on the side, isn't why
Speaker 2: you're valued?
Speaker 5: Yeah, exactly.
Speaker 2: Someone else said, we always get a bonus of a
Speaker 2: two hundred dollars Woolies gift card, which is great, but
Speaker 2: I never rely on them.
Speaker 5: Oh yeah, that's a great gift, right Christmas.
Speaker 2: Someone else said, try working in health. Don't even get
Speaker 2: a day off at this time of year, let alone
Speaker 2: a bonus. Oh and you have to shell out of
Speaker 2: your own pocket for the work Christmas party.
Speaker 5: What yeah wouldn't be doing.
Speaker 2: I remember I worked at a university one time and
Speaker 2: they made the biggest deal about this work Christmas party
Speaker 2: and I was like, oh, okay, noorries and like the
Speaker 2: university I worked at was not in the Melbourne Steed
Speaker 2: and they had picked Melbourne, CBD location for the Christmas party.
Speaker 2: And I'm thinking, oh, this is great. The work's putting
Speaker 2: this on official work invitation all of that, and then
Speaker 2: an email went around and they were like, oh, make
Speaker 2: sure you bring at least one hundred dollars in cash.
Speaker 2: I remembering like what, sorry, sorry dude, And then I
Speaker 2: asked like my direct manager about it. Thankfully I liked her,
Speaker 2: and I was like, what's this about, Like why would
Speaker 2: we bring one hundred dollars cash? And she's like, oh, because,
Speaker 2: like it's just so much easier at the end of
Speaker 2: the night. You know, the set menu that we're paying
Speaker 2: for is like sixty nine dollars ahead and then drink,
Speaker 2: so it will be at least one hundred dollars ahead.
Speaker 5: And I was like, I will not be attending.
Speaker 2: I was trying to take it back by it because
Speaker 2: I was like, oh, like already I was feeling a
Speaker 2: little bit awkward because spoiler, I didn't like the rest
Speaker 2: of the team. That's why that job never worked out
Speaker 2: for me. Didn't want to go. Was taking my partner,
Speaker 2: so like awkward conversation and being like, so does that
Speaker 2: mean like two hundred dollars, Like what's covered? What's not?
Speaker 2: They're like, oh, none of it's covered. We've just organized
Speaker 2: it as a team to go out, and I was
Speaker 2: like cool, but it was just the backward situation in
Speaker 2: the entire world. I went because I felt awkward. Shit
Speaker 2: is night of my life.
Speaker 6: And you're like, I've had a bad time. I hate
Speaker 6: everyone here, Adam one hundred dollars poor, this is the worst.
Speaker 2: I ever And everyone was rude to my now husband,
Speaker 2: like they were just so rude, and I remember being like,
Speaker 2: I'm on the way home. I'm like, I'm so sorry, Steve,
Speaker 2: and he was like, well, that was terrible. I was like, yep, anyway,
Speaker 2: that's what the community had to say. I feel like
Speaker 2: that's a good place to leave it.
Speaker 6: It is.
Speaker 2: I'm excited. We have a bonus episode coming out on
Speaker 2: Christmas Day, so don't worry, We're not done. It with
Speaker 2: the festivities yet. But if we don't speak to you before,
Speaker 2: then have the best festive season.
Speaker 4: Mary Chris, Mary christ Holidays, my friend who hope you
Speaker 4: have a good period.
Speaker 1: We love you.
Speaker 2: We'll see soon. Bye bye bye.
Speaker 4: Did By shared on Cheese on the Money is general
Speaker 4: in nature and does not consider your individual circuit substances.
Speaker 4: She's on the Money exists purely for educational purposes and
Speaker 4: should not be relied upon to make an investment or
Speaker 4: financial decision. If you do choose to buy a financial product,
Speaker 4: read the PDS TMD and obtain appropriate financial advice.
Speaker 2: Tailored towards your needs.
Speaker 4: Victoria Divine and She's on the Money are authorized representatives
Speaker 4: of money Sherper Pty Ltd ABN three two one IS
Speaker 4: six four nine two seven seven zero eight AFSL four
Speaker 4: five one two eight nine