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Speaker 1: She's on the Money. She's on the Money. Hello, and

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Speaker 1: welcome to She's on the Money, the podcast for millennials

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Speaker 1: who want financial freedom. My name is Georgia King. I'm

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Speaker 1: a copywriter and journalism student, and every week I chat

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Speaker 1: money and how we can make it work for us

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Speaker 1: with millennial finance whiz Victoria Devine.

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Speaker 2: Hello Fee, Hello friends.

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Speaker 1: Now today on the show, we are going to be

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Speaker 1: chatting through everything you need to know when it comes

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Speaker 1: to budgeting for Christmas, which is wild to me because

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Speaker 1: the Christmas episode was actually the first one I did

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Speaker 1: with She's on the Money last year, Fee and.

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Speaker 2: A happy anniversary.

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Speaker 1: Hoy far, happy anniversary. Right back to you now, if

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Speaker 1: you are feeling a little bit stressed about how to

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Speaker 1: get through the festive period without draining all of your finances,

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Speaker 1: then this is absolutely the episode for you. Before we

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Speaker 1: do head into our money wins and confessions from the week,

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Speaker 1: though a little reminder to everyone as well to please

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Speaker 1: in the listener Choice Awards, which we yup don about

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Speaker 1: a little bit last week.

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Speaker 2: Like we've been very self indulgent here by promoting ourselves,

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Speaker 2: but genuinely win. You were talking about this earlier, Georgia

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Speaker 2: and literally like, I'm so grateful to be nominated for

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Speaker 2: the other awards, but really the one I care about

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Speaker 2: is the listener's choice. That's because you guys actually get

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Speaker 2: to say and that's important to us, isn't it.

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Speaker 1: So we'll put the link in the show notes as well,

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Speaker 1: so you can click through by just scrolling down the

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Speaker 1: little show artwork and then you'll find it. Go Friends,

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Speaker 1: Go please, Money Wins, Confessions, Vicky D. You talk to me.

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Speaker 2: If you call me Vicky D again, there will not

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Speaker 2: be another Christmas episode. But if you want to do

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Speaker 2: they I don't know. I actually know they do because

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Speaker 2: so many of them respond to our newsletter emails and

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Speaker 2: they always say, hey, we love this. Also, you have

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Speaker 2: to apologize before we move on to Money Wins and Confessions.

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Speaker 2: In our newsletter every week, friends, Georgia King, does George's

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Speaker 2: unsolicited recommendations? Did you put one in last week? Georgia?

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Speaker 3: No?

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Speaker 1: So the newsletter was like really long this week?

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Speaker 2: Do you know why?

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Speaker 1: I know?

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Speaker 4: How do you know?

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Speaker 2: Because so many people emailed me saying, where's George's unsolicited recommendation?

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Speaker 2: Really yes? And then they also offered their own suggestions,

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Speaker 2: one person saying tuna, another person saying that Pana ice

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Speaker 2: cream was on sale at cold this week. Yeah, like

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Speaker 2: all of these things could have been included, yet you

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Speaker 2: chose not to share your unsolicited recommendation.

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Speaker 1: Sorry to everyone who does feel cheated there. I won't

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Speaker 1: let it happen again, and that's on me, and I'll

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Speaker 1: reflect on that overnight, and you know it won't. Just

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Speaker 1: Just watch out Friday, you're in box around twelve pm.

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Speaker 1: There'll be something sparkly for you in there.

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Speaker 2: Thank you. Georgia. Feedback is very big part of shares

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Speaker 2: and the money's culture.

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Speaker 1: Wins and confessions.

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Speaker 2: Talk to me, all right, I have one from a

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Speaker 2: little bit of left field, right, so I have at

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Speaker 2: home and iMac and I have had that since twenty twelve.

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Speaker 2: It was the computer that I wrote my thesis on

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Speaker 2: Georgia King, which is very exciting, smartest smarty, and I

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Speaker 2: stopped you using it because the hinge on it broke,

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Speaker 2: so like where the stand is and the screen is,

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Speaker 2: the hinge stopped working, and so I got a quote

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Speaker 2: from Apple to get it fixed ages ago, and it

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Speaker 2: was gonna be I think it was like seven or

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Speaker 2: eight hundred dollars, and I was like that it's just

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Speaker 2: not happening. So for a very long time I had

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Speaker 2: a jar or an empty jar of peanut butter holding

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Speaker 2: the screen up, and then I migrated to just using

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Speaker 2: my work laptop for everything. So during IO, I realized

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Speaker 2: I do really like having a home office, but I

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Speaker 2: would like to have my computer there full time. So

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Speaker 2: I started googling how to fix it myself. Turns out

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Speaker 2: that's next to impossible, but someone online sells a little

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Speaker 2: plastic hinge that solves the problem perfectly. So instead of

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Speaker 2: spending seven hundred dollars on getting my iMac fixed, which

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Speaker 2: arguably is a great money win, I spent like forty

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Speaker 2: dollars or something on this little plastic hinge online that

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Speaker 2: is gorgeous. Yeah, it was actually really helpful, and Eclipse

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Speaker 2: onto the back and you're none the wiser.

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Speaker 1: How can Apple possibly charge eight hundred bucks for that?

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Speaker 2: By the way, I think it was because it was

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Speaker 2: completely out of warranty, and from watching numerous YouTube videos

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Speaker 2: my friend, I've realized it means pulling the entire computer

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Speaker 2: apart and putting it back together, which I clearly do

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Speaker 2: not have the skill for, so I didn't do it.

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Speaker 2: I bought a plastic hinge. So that's my money win

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Speaker 2: this week. I know you guys are so enthusiastic about it,

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Speaker 2: but Georgia King, do you have a money win or

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Speaker 2: confession for us that's arguably better than mine?

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Speaker 1: Look, mine is kind of boring as well, just kidding,

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Speaker 1: Yours wasn't boring. So I've been selling stuff online recently, Guys.

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Speaker 1: I've never done that before because I'm lazy. I've had

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Speaker 1: this box of clothes sitting in my room since probably

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Speaker 1: year twelve. There's a couple of formal dresses in there

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Speaker 1: that are mine. If anyone is interested, Mgking me up, yep, yep,

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Speaker 1: I'll sign it for you. Just kidding. No one would

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Speaker 1: be interested in that. But no, I've made some money,

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Speaker 1: not that much money, like one hundred and twenty bucks,

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Speaker 1: but put that in me saving.

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Speaker 2: Why do you look at me like you're so surprised?

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Speaker 2: We are literally the poster of women of selling things

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Speaker 2: online side hustling getting extra card. It felt good, Yeah,

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Speaker 2: it feels good, But I'm just shocked that you're so

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Speaker 2: surprised it actually worked. It's such an easy solution.

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Speaker 1: The only downside was postage though. I forgot to put

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Speaker 1: that into the price and it's like ten dollars to

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Speaker 1: post some mail. I didn't. I just haven't done that

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Speaker 1: in a long time.

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Speaker 2: Yeah, it is actually quite expensive. Hot tip for you

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Speaker 2: guys selling online, either say postages included or I'd say

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Speaker 2: the price yeah, or say plus postage yeah, because it

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Speaker 2: often looks more attractive that way.

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Speaker 1: Marketing.

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Speaker 2: Well, actually, I don't know, because I'm like, now we're

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Speaker 2: heading down behavioral finance road, which is not this episode.

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Speaker 2: But like, I'm more likely to buy something if I

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Speaker 2: get free that free shipping.

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Speaker 1: Yes, yeah.

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Speaker 2: If you say it's free postage, I'll.

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Speaker 1: Be like, yes, thank you money.

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Speaker 2: If you say it's four dollars postage, I'll be like, ooh,

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Speaker 2: do I really want to spend four dollars on postage?

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Speaker 4: Right?

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Speaker 1: That's a hot tip and a hot tip to all

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Speaker 1: the ladies out there.

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Speaker 2: Bump up your price slightly and say free postage. Clever.

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Speaker 2: It's what would get me by anyway. Let's move on.

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Speaker 1: Let's move on.

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Speaker 2: You go first. Oh no, you didn't introduce it. I'll

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Speaker 2: introduce it. Guys. Time for the community shout out.

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Speaker 1: It certainly is, VICKI d you can go first, Sorry

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Speaker 1: to stop, Okay, all right, rap, I actually have a

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Speaker 1: money win from our friend Jessica, and I actually really

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Speaker 1: like this one for a number of reasons.

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Speaker 2: You guys will see why. She said after listening to

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Speaker 2: the Christmas episode of She's on the Money last year,

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Speaker 2: she was inspired to set up a Christmas twenty twenty

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Speaker 2: savings account, and she was transferring fifty dollars and she

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Speaker 2: said sometimes more each fortnight from her pay into it.

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Speaker 2: And she created this saver on the twenty third of

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Speaker 2: December twenty nineteen, and then she just hit her goal

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Speaker 2: of fifteen hundred today. She said that she didn't really

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Speaker 2: notice the money being taken out, and she's just found

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Speaker 2: out that she also has two hundred dollars worth of

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Speaker 2: Flybys points, which can also help contribute towards food or

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Speaker 2: beverage over Christmas. She simultaneously hit another major savings goal

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Speaker 2: overall today, so it's a pretty big old money win

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Speaker 2: for her. That's you. Honestly, I love this for so

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Speaker 2: many reasons. First reason, Georgia, is that one she hit

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Speaker 2: a money goal. Fantastic. Heck yeah, they're my favorite.

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Speaker 4: Two.

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Speaker 2: When she was doing her Christmas budgeting, it didn't just

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Speaker 2: include gifts. It was like food and beverages, And I

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Speaker 2: really like that because a little more Yeah, those are

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Speaker 2: the things that catch us out, Like we forget how

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Speaker 2: much we actually spend on extra drinks around Christmas, or

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Speaker 2: like if you have to take a plate to your

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Speaker 2: aunt's place, like you might end up spending forty dollars

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Speaker 2: on a cheese platter or you know, twenty five if

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Speaker 2: you actually do the l detail. But that's not the point,

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Speaker 2: is it. Anyway? I really loved that, and I hope

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Speaker 2: that you've got one as good as I found.

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Speaker 1: Look I do. Mine is from ash Actually, just back

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Speaker 1: on that. I love when we see posts like this

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Speaker 1: off the back of episodes like she took the advice

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Speaker 1: from last year's Christmas episode and has made She's killed

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Speaker 1: that money goal. Looks amazing.

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Speaker 2: I actually love that because like, small things add up

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Speaker 2: and it doesn't feel like a lot when you just start. No,

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Speaker 2: but now Jess has fifteen hundred dollars to spend on

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Speaker 2: Christmas and she's not going to be stressed about it

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Speaker 2: in the slightest. And I know that lots of people

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Speaker 2: who are listening to this today are going to be

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Speaker 2: stressed about Christmas, which is coming up now. So it's

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Speaker 2: kind of just a little kick in the bottom and

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Speaker 2: to let you know that you probably should start a

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Speaker 2: Christmas savings account. We actually have a savings template or

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Speaker 2: a Christmas goal chart that is going to be dropped

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Speaker 2: or should actually Georgia already have been dropped in our

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Speaker 2: podcast group for you guys to download, so you can

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Speaker 2: actually track it and work out how much you need

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Speaker 2: to be saving for Christmas, whether that's next year or

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Speaker 2: even this year, just so you can be on top

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Speaker 2: of it. But we hear your money.

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Speaker 4: We can.

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Speaker 1: The group Miney is from ash So a while ago

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Speaker 1: a girl posted in the group about the my seven

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Speaker 1: eleven app where you can lock fuel prices to save

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Speaker 1: you money, plus you can get some other freebies, which

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Speaker 1: is already a score. As she said, so then she

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Speaker 1: saw a collab opportunity with seven to eleven to promote

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Speaker 1: this app, and she's scored heaps of money from it.

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Speaker 1: She loves it for her, I love it for her,

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Speaker 1: and she wishes everyone a happy weekend. How does that happen?

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Speaker 2: I actually don't know because I've never seen a collabor

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Speaker 2: opportunity for seven eleven, albeit maybe I did accidentally have

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Speaker 2: one the other week because they sent me a box

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Speaker 2: of donuts for Halloween.

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Speaker 1: Heaven.

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Speaker 2: Honestly, I didn't consume any of them. You wouldn't be

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Speaker 2: allowed to. Honestly, I couldn't stuff. But you best believe

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Speaker 2: my partner inhaled for donuts, and I'm assuming by how

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Speaker 2: quickly they were gone it means he liked them.

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Speaker 1: Yeah. Oh, happy for you, Stevie. I wonder if I

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Speaker 1: could collap with seven eleven. I've got about one hundred

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Speaker 1: and fifty followers, So if you're listening seven to eleven,

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Speaker 1: do get in touch. Cheeking on tour. We can work together.

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Speaker 1: Shall we move on to the main topic of today's show?

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Speaker 2: V We absolutely can. I'm really excited about this one.

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Speaker 1: Actually would be a good one.

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Speaker 2: Let's jump straight in.

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Speaker 1: Alrighty guys, So Christmas, it will come as a surprise

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Speaker 1: to precisely no one is an extremely expensive time of

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Speaker 1: the year, and last year Ozzie's actually spent a total

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Speaker 1: of eighteen point eight billion dollars bill has of dollars.

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Speaker 1: That average is out to be nine hundred and sixty

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Speaker 1: nine dollars per household. And crazily, another little stat I

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Speaker 1: found was that five point eight million Australians didn't have

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Speaker 1: enough cash in the bank to cover Christmas and had

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Speaker 1: to actually rely on credit. Now that figure did break

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Speaker 1: my heart feet but it also just makes sense because

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Speaker 1: there is so much pressure at this time of year

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Speaker 1: to spend, spend, spend, And we will talk about that

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Speaker 1: pressure a little bit later on in the show, but

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Speaker 1: before we do that, and before we jump into our

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Speaker 1: Christmas budgeting hacks, talk me through why you think Australians

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Speaker 1: continue to spend so much at this time of year,

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Speaker 1: even though it does seem like our financial literacy has

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Speaker 1: improved so much.

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Speaker 2: I would hope it has. I mean, we've got people

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Speaker 2: implementing our advice from twelve months ago exactly. That's impact

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Speaker 2: right there. But as you said, Georgia, it is an

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Speaker 2: incredibly expensive time of the year. Ozzie. Spend billions and

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Speaker 2: billions of dollars each and every single year on the

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Speaker 2: festive season. It's honestly on so much more than just

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Speaker 2: the gifts as well as we know, it's the food,

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Speaker 2: it's parties, it's the additional travel and petrol money you

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Speaker 2: didn't actually put in the budget. The list of things

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Speaker 2: actually goes on and on when Christmas comes along and

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Speaker 2: in a year where most of us haven't really been

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Speaker 2: spending as much as we would in usual times, my

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Speaker 2: prediction is that it's probably going to be a little

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Speaker 2: bit more over the top than usual when it really

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Speaker 2: shouldn't be. In fact, I've been thinking about this obviously

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Speaker 2: because we planned this episode, and I think that the

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Speaker 2: main reason we just keep continuing to spend it this

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Speaker 2: time of the year is because it's what we've always done.

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Speaker 2: It's that most of us are so used to dropping

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Speaker 2: hundreds each year without really pausing to question the tradition

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Speaker 2: of it, or if we should be spending at this

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Speaker 2: time of the year, or if we should be spending

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Speaker 2: less at this time of the year. The other key

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Speaker 2: thing I think is the marketing Georgia, which absolutely goes

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Speaker 2: overdrive at this time of the year. And it might

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Speaker 2: sound really obvious to those working in sales or marketing,

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Speaker 2: of which I know there are many of you, but

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Speaker 2: the average Joe blow it's very easy to become completely

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Speaker 2: overwhelmed and full victim to the ads that are literally

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Speaker 2: everywhere that are telling us to spend span span span spend.

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Speaker 5: Look.

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Speaker 2: We spoke about the psychology of sales and advertising on

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Speaker 2: last week's show, so I won't harp on it too much,

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Speaker 2: but if you do want to brush up on why

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Speaker 2: our brains are wired to respond to ads the way

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Speaker 2: that they do, I would recommend going back and listening

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Speaker 2: to it, And if you've already listened to it, listen again,

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Speaker 2: listen again. Or maybe we actually just need another episode

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Speaker 2: on the psychology of spending. But even I, as someone

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Speaker 2: who is quite obviously, I would say across finance right

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Speaker 2: like I mean, I don't I'm not perfect, but I

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Speaker 2: do know a little bit about personal finance. It's more

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Speaker 2: of a do as I say, not as I do,

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Speaker 2: kind of mentality. But I do find myself spending more

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Speaker 2: at this time of the year. Yes, I do actually

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Speaker 2: plan for it, and I do budget for it in

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Speaker 2: advance because I know historically what my spending has been

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Speaker 2: like over this period. But for the most financially savvy

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Speaker 2: of us, it can also be a time that we

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Speaker 2: get really swept up. I'm not gonna lie. I did

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Speaker 2: end up going over budget for Christmas last year because

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Speaker 2: I ended up just doing some last minute shopping. And

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Speaker 2: as we all know, this isn't a statistic, it's real.

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Speaker 2: But like I would say, one hundred percent of us

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Speaker 2: who last minute shop spend more than they should have.

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Speaker 1: Oh for sure?

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Speaker 2: Yeah, what do you think that's she's on the money

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Speaker 2: stat just so you know, legitimate as hell certified by

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Speaker 2: VICKI d Yeah.

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Speaker 1: Now do you think that is a pressure of being like, oh,

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Speaker 1: I'm so far behind, better spend more, don't want to

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Speaker 1: miss anything?

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Speaker 3: Like?

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Speaker 1: Is that what that is? Or not sure? Move on?

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Speaker 2: If I'm being honest, I don't know entirely what it is.

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Speaker 2: I think it's the psychology behind wanting to give and

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Speaker 2: wanting to share and just feeling like your love ends

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Speaker 2: up being bundled up into an item, which it absolutely

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Speaker 2: cannot be. But often lots of us feel like, genuinely,

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Speaker 2: if we don't get a good gift, it must mean

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Speaker 2: we don't love that person. A bit of a hippie

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Speaker 2: when it comes to stuff like this as well, because

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Speaker 2: there are some people and I don't know if you

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Speaker 2: guys are into this, This is totally left field. This

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Speaker 2: is such a fluffy episode. I do apologize, but I

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Speaker 2: really like love languages and understanding people's love languages, and

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Speaker 2: some of you are going to have the love language

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Speaker 2: of gift giving, right so that means that you genuinely

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Speaker 2: want to give and receive gifts as sign of affection

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Speaker 2: and love, and that is totally okay. But if that

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Speaker 2: is you, you really need to go above and beyond to

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Speaker 2: make sure that you are staying on budget and that

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Speaker 2: you're really thinking about these gifts so that those gifts

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Speaker 2: don't become just really really expensive because you feel the

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Speaker 2: need to do that because that's your way of showing love.

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Speaker 2: So for me, I think it's genuinely about just not

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Speaker 2: getting caught up in the hype and just really thinking

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Speaker 2: about it. And that is why this week we have

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Speaker 2: created our Christmas spending list so that you can keep

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Speaker 2: track of it and stay on budget and have a

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Speaker 2: little bit of reflection time around how to save the

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Speaker 2: most on this. And given there is what just under

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Speaker 2: two months to Christmas, we actually have the time to

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Speaker 2: plan and still buy things online and have it arrive

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Speaker 2: and you know, actually we've got time to make sure

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Speaker 2: that we're making the right decisions.

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Speaker 4: Here.

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Speaker 1: Back on the love languages, think just for a minute,

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Speaker 1: you would be gift givery, wouldn't you. I feel like

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Speaker 1: that is very much your vibe. Why would you say that, Well,

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Speaker 1: you have given me a few things if you wrote

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Speaker 1: lattes in the past time.

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Speaker 2: Yeah, I'm a bit of a gift giver. I'm definitely

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Speaker 2: a gift giver. And I'm a bit of a words

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Speaker 2: of affirmation person and as well, like I really like

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Speaker 2: telling people how much I appreciate them, which you probably

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Speaker 2: have experienced as well well. Jokes on you. I've never

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Speaker 2: said anything because I have no appreciation for you. I'm

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Speaker 2: also an active service person. Like I feel like all

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Speaker 2: these love languages. If you guys haven't looked into it,

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Speaker 2: it's actually really awesome to understand yourself and your partner

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Speaker 2: or your friends and like how they like to communicate

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Speaker 2: and the actions you can do to have the biggest

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Speaker 2: impact on them. It's just kind of cool. Like there's

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Speaker 2: I think it's five.

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Speaker 1: I think it's five.

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Speaker 2: Different love languages. It's like words of affirmation, physical Dutch,

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Speaker 2: receiving gifts, quality time, and acts of service. And if

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Speaker 2: you can work out what your partners love language is,

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Speaker 2: you can usually get them a gift that they will

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Speaker 2: love the most. So like if their love language is

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Speaker 2: acts of service, like maybe they'd prefer like a homemade

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Speaker 2: like gift card where you say that you'll do things

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Speaker 2: for them and they'd really appreciate that. Whereas if someone

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Speaker 2: really likes quality time, maybe you say, oh we're going

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Speaker 2: to go on a picnic, it's better an entire afternoon together. Like,

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Speaker 2: I know it sounds a little bit fluffy, but it's

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Speaker 2: a really nice way to understand the person that you're

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Speaker 2: giving a gift to, so it can be more thought.

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Speaker 2: And I really like frameworks. I don't know if you

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Speaker 2: guys knew that.

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Speaker 1: What is that? Like a psychologist?

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Speaker 2: No, I just like having structure to everything I create. Yeah,

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Speaker 2: it's so strange. That is interesting.

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Speaker 1: We can probably link that in the group or in

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Speaker 1: the show notes or something, because it is a real thing.

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Speaker 1: We're not just fappen on here, but we will move on.

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Speaker 2: Thank you, Joe.

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Speaker 1: Let's go to our hacks. So the first one I

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Speaker 1: have here is to plan and use the sales coming up,

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Speaker 1: which we spoke about last week, to utilize those discounted

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Speaker 1: prices they elaborate.

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Speaker 2: Yeah, so this one actually ties perfectly into last week's conversation,

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Speaker 2: which was no coincidence. Like we've done this mini series.

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Speaker 2: I hope you guys like it, where we spoke about

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Speaker 2: making the most of the sales that are coming up,

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Speaker 2: so we all know the Black Friday is coming up,

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Speaker 2: and if you have people in mind to buy for,

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Speaker 2: have a brainstorm about what they would want. I'm not

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Speaker 2: going to half on about that because we've just spoken

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Speaker 2: about it, but if you did miss last week's episode

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Speaker 2: on Black Friday, it's coming up on the twenty seventh

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Speaker 2: of November, as is Cyber Monday, which is the following Monday.

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Speaker 2: And as I said to you guys last week, not

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Speaker 2: only can you save money on sales if you're already

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Speaker 2: intending on purchasing that product, but it means that if

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Speaker 2: you're planning, you're not just buying willy nilly and just

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Speaker 2: buying because you've got a discount where you still get

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Speaker 2: that inscidant gratification of purchasing. So let's plan it. The

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Speaker 2: other part is planning, which we spoke about on last

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Speaker 2: year's episode on Christmas, is to put away money regularly

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Speaker 2: so you can afford Christmas and have designated funds for

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Speaker 2: spending at this time of year.

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Speaker 5: Now.

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Speaker 2: Obviously Jessica, who I spoke about before, did this, who

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Speaker 2: I mentioned earlier in the Facebook group. But we can't

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Speaker 2: all be as organized because we don't have twelve months.

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Speaker 2: We've literally only got eight weeks now. But if you

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Speaker 2: haven't been as organized as just that's okay, that's what

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Speaker 2: the hack's on this episode of four Friends.

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Speaker 1: Exactly right there, V And that does lead perfectly into

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Speaker 1: our next hack here, which is to cut back on

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Speaker 1: that non essential spending, which we do talk about all

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Speaker 1: the time, but it is very important, and it is

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Speaker 1: especially important if you are wondering how you're going to

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Speaker 1: pull off Christmas this year, because we can put that

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Speaker 1: extra money away and allocate that towards our Christmas fund.

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Speaker 2: Absolutely, we say it literally all the time. But if

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Speaker 2: you do have trouble identifying where you are spending money unnecessarily,

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Speaker 2: then do print out the last couple of months of

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Speaker 2: your statements so that you can clearly see your spending

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Speaker 2: and then highlight the purchases that you've made that are

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Speaker 2: non essential. So if you can cut out some or

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Speaker 2: even have what you ever had that you have, whether

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Speaker 2: that is lattes or cigarettes I hope not friends sure,

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Speaker 2: but also Uber eats, let's be honest, then you'll be

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Speaker 2: able to put lots of extra cash away each week,

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Speaker 2: which you can put to better use and on things

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Speaker 2: that you actually value as opposed to you know, extra

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Speaker 2: uber eats, which is often a convenience thing. Let's start planning, friends.

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Speaker 1: So would you open up a special Christmas fund account?

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Speaker 4: Is that?

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Speaker 2: So lots of people do do this, and I think

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Speaker 2: it's like it's awesome to have a separate one. I

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Speaker 2: don't have a Christmas fund because it's in my larger

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Speaker 2: you know, cash hub that I use that actually holds

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Speaker 2: all of my savings for different things throughout the year.

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Speaker 2: But I found that using I know this is not

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Speaker 2: sponsored by upbank at all, but I really don't like

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Speaker 2: up the bank. You can break down different savers with them,

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Speaker 2: so instead of opening an entirely new account, you can

435
00:19:05,119 --> 00:19:08,040
Speaker 2: just break down different savings portions of that account and

436
00:19:08,200 --> 00:19:10,080
Speaker 2: kind of like have a little Christmas saver, which I

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00:19:10,119 --> 00:19:12,440
Speaker 2: really like. And you can even put emojis in the

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00:19:12,520 --> 00:19:14,720
Speaker 2: name of this. It's just all center in there.

439
00:19:14,800 --> 00:19:16,359
Speaker 1: Yeah, I love it. That's at the end.

440
00:19:16,400 --> 00:19:18,040
Speaker 2: Okay, Yeah, that's the end. That's all I've got.

441
00:19:18,080 --> 00:19:22,080
Speaker 1: Sorry, Next, Hakfee, which I love. I love this one,

442
00:19:22,119 --> 00:19:24,159
Speaker 1: but I'll let you explain it. It's to say no

443
00:19:24,480 --> 00:19:26,280
Speaker 1: more often. Can you talk us through how this can

444
00:19:26,280 --> 00:19:27,320
Speaker 1: actually save us money.

445
00:19:27,400 --> 00:19:34,960
Speaker 2: Yes, absolutely, I mean no, I'm a funny coal Sorry sorry, sorry,

446
00:19:35,000 --> 00:19:37,159
Speaker 2: I just think I'm really funny. You don't need to

447
00:19:37,160 --> 00:19:39,960
Speaker 2: go to every single event this festive season, my friends.

448
00:19:40,240 --> 00:19:43,360
Speaker 2: This is true of summer generally too, and it probably

449
00:19:43,359 --> 00:19:46,120
Speaker 2: wouldn't be as much of an issue this year given

450
00:19:46,200 --> 00:19:49,240
Speaker 2: now COVID limitations. But you do not need to go

451
00:19:49,280 --> 00:19:51,800
Speaker 2: to every festival or concert or Christmas party that is

452
00:19:51,840 --> 00:19:54,240
Speaker 2: coming up. And I know you're probably feeling like you

453
00:19:54,280 --> 00:19:57,359
Speaker 2: want to because you're making up for lost time. Please

454
00:19:57,560 --> 00:19:59,879
Speaker 2: think about your bank account before you make these commitments.

455
00:20:00,080 --> 00:20:02,840
Speaker 2: Catch up with friends one thousand percent. But it doesn't

456
00:20:02,880 --> 00:20:05,080
Speaker 2: mean you have to go out for drinks, like let's

457
00:20:05,119 --> 00:20:07,600
Speaker 2: step back into COVID life for a little bit. Let's

458
00:20:07,600 --> 00:20:10,240
Speaker 2: do some more cheese platters, let's do more picnics like

459
00:20:10,280 --> 00:20:14,000
Speaker 2: I reckon twenty twenty one should genuinely be about embracing

460
00:20:14,119 --> 00:20:17,800
Speaker 2: cheaper catch up options, which previously during COVID we were

461
00:20:17,840 --> 00:20:18,520
Speaker 2: forced into.

462
00:20:18,680 --> 00:20:19,280
Speaker 1: Exactly right.

463
00:20:19,359 --> 00:20:21,359
Speaker 2: I really liked it, But I know a lot of

464
00:20:21,400 --> 00:20:23,959
Speaker 2: people can actually feel really guilty doing this, and I

465
00:20:24,119 --> 00:20:27,120
Speaker 2: get it because I do too. Women, especially, I think,

466
00:20:27,160 --> 00:20:30,439
Speaker 2: have the tendency to be people pleasers. But by saying

467
00:20:30,440 --> 00:20:32,600
Speaker 2: no straight up and being just really honest about how

468
00:20:32,600 --> 00:20:35,280
Speaker 2: busy you are or that you just genuinely can't afford,

469
00:20:35,320 --> 00:20:38,320
Speaker 2: it actually has the effect of making people respect you more.

470
00:20:38,400 --> 00:20:40,480
Speaker 2: And I think that that's a way better look than

471
00:20:40,520 --> 00:20:42,560
Speaker 2: just canceling the day before or like the day of,

472
00:20:43,000 --> 00:20:44,560
Speaker 2: which is never that sexy.

473
00:20:44,760 --> 00:20:47,440
Speaker 1: Oh there's nothing worse than a flake. I actually used

474
00:20:47,440 --> 00:20:49,520
Speaker 1: to be a bit of a flake in the olden days,

475
00:20:49,600 --> 00:20:51,359
Speaker 1: the way back, quen George KEI, way back when it

476
00:20:51,359 --> 00:20:52,520
Speaker 1: was a bit of a high school thing. I just

477
00:20:52,520 --> 00:20:55,520
Speaker 1: wouldn't go to stuff, and it earned me quite the

478
00:20:55,560 --> 00:21:03,119
Speaker 1: reputation as a dickhead. So yeah, George in high school.

479
00:21:03,240 --> 00:21:07,640
Speaker 2: I'm not gonna lie though. I'm a socially anxious person sometimes,

480
00:21:07,720 --> 00:21:09,560
Speaker 2: which you guys might not have known, but I know

481
00:21:09,640 --> 00:21:12,479
Speaker 2: Georgia King knows about me. So like, I actually get

482
00:21:12,560 --> 00:21:14,840
Speaker 2: a lot of joy when someone cancels a social event

483
00:21:14,880 --> 00:21:18,760
Speaker 2: and me like, oh no, that's terrible, damn we can't

484
00:21:18,840 --> 00:21:22,480
Speaker 2: go but anyway night or whatever exactly, but moving on.

485
00:21:22,560 --> 00:21:25,160
Speaker 2: People usually get it, and we've all been there, and

486
00:21:25,320 --> 00:21:27,760
Speaker 2: I'm sure they've been there themselves, and there is absolutely

487
00:21:27,760 --> 00:21:29,920
Speaker 2: no shame in saying no. I just think be really

488
00:21:29,920 --> 00:21:32,520
Speaker 2: honest and upfront about it. There's something so empowering about

489
00:21:32,520 --> 00:21:34,320
Speaker 2: a friend that's like, hey, that sounds great, Victoria. But

490
00:21:34,359 --> 00:21:35,840
Speaker 2: I actually I don't afford to do that. Like the

491
00:21:35,880 --> 00:21:38,280
Speaker 2: first thing I'd go is like, yeah, fantastic, Like I

492
00:21:38,280 --> 00:21:39,720
Speaker 2: still want to catch up with you, though, how do

493
00:21:39,760 --> 00:21:42,320
Speaker 2: we do that? Like, it's not actually about the thing

494
00:21:42,359 --> 00:21:46,160
Speaker 2: with my friends, it's about actually having something to do together.

495
00:21:46,440 --> 00:21:49,320
Speaker 2: And if my suggestion isn't in budget, that's fine. Nothing

496
00:21:49,440 --> 00:21:51,200
Speaker 2: set in stone, my friends. I love that.

497
00:21:52,000 --> 00:21:54,600
Speaker 1: The next little point we have here, which we did

498
00:21:54,640 --> 00:21:57,480
Speaker 1: speak about last week very briefly, is to opt for

499
00:21:57,560 --> 00:22:01,680
Speaker 1: handmade gifts. Yes, yes, so I probably, to be honest,

500
00:22:01,720 --> 00:22:04,240
Speaker 1: wouldn't do this one myself because I do have the

501
00:22:04,280 --> 00:22:07,160
Speaker 1: craft skills of a first grader. George, I actually thought

502
00:22:07,200 --> 00:22:09,040
Speaker 1: the count well it is the thought the counts. When

503
00:22:09,080 --> 00:22:12,080
Speaker 1: I was in grade one, I actually everyone in our

504
00:22:12,080 --> 00:22:15,480
Speaker 1: whole year level got artist of the week and I didn't.

505
00:22:15,480 --> 00:22:17,200
Speaker 1: I was the only one that didn't get artists of

506
00:22:17,240 --> 00:22:17,639
Speaker 1: the week.

507
00:22:18,040 --> 00:22:23,280
Speaker 2: Well, okay, you being a podcaster now, you creative spunky lady.

508
00:22:23,720 --> 00:22:26,959
Speaker 1: Anyway, sorry, so many stories from my past tonight. Okay,

509
00:22:27,000 --> 00:22:28,480
Speaker 1: So what I want you guys to do is have

510
00:22:28,520 --> 00:22:30,800
Speaker 1: a little think about what you're actually good at. Are

511
00:22:30,800 --> 00:22:32,399
Speaker 1: you a bit of a chef who could nail, you know,

512
00:22:32,440 --> 00:22:35,000
Speaker 1: a gingerbread house that's probably more baking than cheffery, but

513
00:22:35,040 --> 00:22:38,080
Speaker 1: you know whatever, maybe you could bake some nice cookies,

514
00:22:38,119 --> 00:22:39,439
Speaker 1: whip up some nice gems.

515
00:22:39,480 --> 00:22:39,680
Speaker 4: Maybe.

516
00:22:39,760 --> 00:22:41,240
Speaker 2: Honestly, jam is so easy?

517
00:22:41,440 --> 00:22:41,560
Speaker 5: Is it?

518
00:22:41,720 --> 00:22:44,720
Speaker 2: Jammy? So easy to make? Like, let's find a little

519
00:22:44,800 --> 00:22:47,080
Speaker 2: she's on. Let's find a recipe. Let's ask our friend

520
00:22:47,119 --> 00:22:50,760
Speaker 2: Millie Padola, who's a dietitian, for a jam recipe, and

521
00:22:50,920 --> 00:22:53,679
Speaker 2: we will post that hot little recipe in the group.

522
00:22:53,920 --> 00:22:55,679
Speaker 2: And you best believe it'll probably be healthy as well.

523
00:22:55,960 --> 00:22:56,960
Speaker 2: N't be from our friend Millie.

524
00:22:57,320 --> 00:22:59,280
Speaker 1: Jam could be healthy, It's just I can totally be

525
00:23:00,040 --> 00:23:01,240
Speaker 1: sugar and a couple of berries.

526
00:23:01,320 --> 00:23:04,120
Speaker 2: Yes, but okay, this is such an off track episode,

527
00:23:04,119 --> 00:23:07,439
Speaker 2: but I'm loving it. You can use chea seeds instead

528
00:23:07,440 --> 00:23:10,080
Speaker 2: of sugar, so it becomes quite healthy. Let's talk to

529
00:23:10,160 --> 00:23:13,520
Speaker 2: meally before I sell a recipe. She doesn't indoors. Yes,

530
00:23:13,560 --> 00:23:14,960
Speaker 2: I've made it before and I really like.

531
00:23:14,920 --> 00:23:17,880
Speaker 1: It, so sting Alright, honestly, we should all get jam

532
00:23:17,960 --> 00:23:21,760
Speaker 1: jarring yep, cheer c jam. Okay, other ideas. You know,

533
00:23:21,880 --> 00:23:24,720
Speaker 1: you could be artistic. You could draw a paint, knit crochet.

534
00:23:24,920 --> 00:23:27,440
Speaker 1: I don't know people are into that. I'm laughing here,

535
00:23:27,440 --> 00:23:30,120
Speaker 1: but people love homemade gifts because they are They're full

536
00:23:30,160 --> 00:23:32,320
Speaker 1: of love, They're a little bit sentimental, they're a little

537
00:23:32,359 --> 00:23:35,040
Speaker 1: bit thoughtful, I guess. And it's better than just like

538
00:23:35,480 --> 00:23:38,560
Speaker 1: a scented candle or another body shop moisturize, which I

539
00:23:38,560 --> 00:23:39,400
Speaker 1: would love the.

540
00:23:39,359 --> 00:23:42,560
Speaker 2: Old body shop. I'm not going to bodyshop moisturizer. It

541
00:23:42,640 --> 00:23:43,960
Speaker 2: is good chef's kiss to it.

542
00:23:44,200 --> 00:23:46,359
Speaker 1: Yeah, it is chef's kiss, but you know it is

543
00:23:46,400 --> 00:23:48,919
Speaker 1: also it's what you get for those people that you

544
00:23:48,960 --> 00:23:49,240
Speaker 1: don't know.

545
00:23:49,280 --> 00:23:52,520
Speaker 2: You know, like I made my part and I think

546
00:23:52,520 --> 00:23:55,119
Speaker 2: I've told you guys this and if you guys would

547
00:23:55,200 --> 00:23:56,440
Speaker 2: like to know, do you know what? I'm going to

548
00:23:56,480 --> 00:23:59,400
Speaker 2: start talking about myself because I actually had a really

549
00:23:59,400 --> 00:24:02,639
Speaker 2: great chat with friends from the Outspoken podcast this week, yep,

550
00:24:03,280 --> 00:24:05,879
Speaker 2: and they asked me a lot of invasive questions about

551
00:24:05,880 --> 00:24:09,600
Speaker 2: my family life and about my Christmas tradition. So if

552
00:24:09,640 --> 00:24:11,480
Speaker 2: you want to know what I do for Christmas, head

553
00:24:11,520 --> 00:24:13,159
Speaker 2: on over to my friends and have a listen to

554
00:24:13,200 --> 00:24:16,560
Speaker 2: their pod, I'm moving on. What's the next tack, Georgia kids.

555
00:24:16,560 --> 00:24:19,000
Speaker 1: Okay, so the next tack is to set price limits

556
00:24:19,040 --> 00:24:22,080
Speaker 1: with your friends or family slash whoever you really buy for,

557
00:24:22,400 --> 00:24:25,240
Speaker 1: and also to consider starting a Chris Kringle. So talk

558
00:24:25,280 --> 00:24:26,919
Speaker 1: us through these points fare Okay.

559
00:24:26,680 --> 00:24:30,320
Speaker 2: So this monster. Let's be honest, little bit self explanatory.

560
00:24:30,680 --> 00:24:33,000
Speaker 2: But they are both really good ways of putting a

561
00:24:33,000 --> 00:24:35,280
Speaker 2: ceiling on your spending at Christmas time. So choose a

562
00:24:35,320 --> 00:24:37,399
Speaker 2: set amount and just stick to it. If you have

563
00:24:37,440 --> 00:24:40,320
Speaker 2: a partner do the same thing, things can actually get

564
00:24:40,359 --> 00:24:42,560
Speaker 2: super out of control this time of year, so take

565
00:24:42,600 --> 00:24:45,760
Speaker 2: control instead. By setting boundaries on your spending, your friends

566
00:24:45,760 --> 00:24:48,479
Speaker 2: and family are honestly going to be relieved as well.

567
00:24:48,720 --> 00:24:51,920
Speaker 2: And Chris Kringle is honestly another smart way of spending less.

568
00:24:51,960 --> 00:24:54,440
Speaker 2: It's also known as secret Santa, whatever you want to

569
00:24:54,480 --> 00:24:57,520
Speaker 2: call it. I'm cool with that. So basically, each member

570
00:24:57,560 --> 00:25:00,000
Speaker 2: of your family or your friendship group just has one

571
00:25:00,040 --> 00:25:02,879
Speaker 2: person to buy for instead of several. It is often

572
00:25:02,960 --> 00:25:05,440
Speaker 2: kept at a certain price point as well, which we love,

573
00:25:05,840 --> 00:25:08,240
Speaker 2: and it makes the whole ordeal far easier and far

574
00:25:08,280 --> 00:25:11,239
Speaker 2: more financially attainable. I also think it's a little bit

575
00:25:11,240 --> 00:25:13,959
Speaker 2: more economical, like in terms of just like waste and

576
00:25:14,000 --> 00:25:17,000
Speaker 2: like getting one present instead of six million presents you're

577
00:25:17,040 --> 00:25:19,160
Speaker 2: not actually going to use. Well, that's a massive issue

578
00:25:19,200 --> 00:25:21,880
Speaker 2: at this time of year. The waste would just be ridiculous.

579
00:25:21,920 --> 00:25:24,240
Speaker 2: I should have got some stats for us, but I didn't.

580
00:25:25,040 --> 00:25:28,720
Speaker 2: But we will do more stats on podcast friends.

581
00:25:28,800 --> 00:25:31,879
Speaker 1: Yes, yes, yes, another question for you here, sorry, Brogue.

582
00:25:32,080 --> 00:25:35,359
Speaker 1: How much do you think you should spend on your partner?

583
00:25:35,920 --> 00:25:39,159
Speaker 2: I think it varies completely, it's completely personal, but I

584
00:25:39,200 --> 00:25:41,199
Speaker 2: do think that you should have a chat. No, I

585
00:25:41,200 --> 00:25:44,160
Speaker 2: don't think that there's a ballpartner, because I think i've actually,

586
00:25:44,160 --> 00:25:46,760
Speaker 2: you know what, George, Head on over to Outspoken the podcast.

587
00:25:46,960 --> 00:25:49,520
Speaker 2: I don't even know if they've published the Christmas episode yet,

588
00:25:49,520 --> 00:25:51,600
Speaker 2: but I'm sure it's coming soon. They definitely do deserve

589
00:25:51,640 --> 00:25:54,679
Speaker 2: some more subscribers. Though. This is absolutely not sponsored, but

590
00:25:54,720 --> 00:25:57,040
Speaker 2: I actually talked about what my partner and I do

591
00:25:57,520 --> 00:25:59,720
Speaker 2: for Christmas because we don't actually buy each other big

592
00:25:59,720 --> 00:26:02,159
Speaker 2: press sense. We do what's called a Christmas basket. So

593
00:26:02,240 --> 00:26:05,280
Speaker 2: head on over there and maybe you will learn something. Friends.

594
00:26:05,400 --> 00:26:10,320
Speaker 1: Yes, good teas also a really long story. Okay, love it? Okay,

595
00:26:10,359 --> 00:26:12,400
Speaker 1: Well that brings us to the end. Actually, here we are,

596
00:26:12,720 --> 00:26:16,040
Speaker 1: so let's recap. We've got Chris Kringle. Yes, we've got

597
00:26:16,240 --> 00:26:19,399
Speaker 1: price limits where you can absolutely yeah, and it's going

598
00:26:19,440 --> 00:26:22,280
Speaker 1: to be different for everyone depending on just what your

599
00:26:22,320 --> 00:26:25,399
Speaker 1: values are. I guess we have opting for homemade and

600
00:26:25,480 --> 00:26:29,600
Speaker 1: hitting up our friend Millie Padula and dietician edition. Yes, yeah, exactly,

601
00:26:29,640 --> 00:26:31,679
Speaker 1: but like hoping that she has capacity to help us,

602
00:26:31,880 --> 00:26:32,400
Speaker 1: I reckon.

603
00:26:32,280 --> 00:26:33,760
Speaker 2: We're just wildly speculating.

604
00:26:33,920 --> 00:26:35,920
Speaker 1: Yeah, she might not be interested, she might be done

605
00:26:35,920 --> 00:26:39,040
Speaker 1: with us. Okay, next one will say no more. Loved

606
00:26:39,080 --> 00:26:42,280
Speaker 1: that one. Planning that's an obvious one as well. And

607
00:26:42,320 --> 00:26:45,560
Speaker 1: then of course cutting out non essential spending in the

608
00:26:45,600 --> 00:26:47,600
Speaker 1: lead up, which is kind of hard to do right now,

609
00:26:47,680 --> 00:26:48,440
Speaker 1: it's so hard.

610
00:26:48,440 --> 00:26:51,960
Speaker 2: There's so many good now as well. It's like yes,

611
00:26:52,359 --> 00:26:54,959
Speaker 2: like there's so many good sales and like this morning,

612
00:26:55,440 --> 00:26:58,080
Speaker 2: get this, it's wild. I went to my first pilates

613
00:26:58,119 --> 00:27:00,960
Speaker 2: class of the season, same thank girl, Oh my gosh,

614
00:27:01,000 --> 00:27:04,320
Speaker 2: I'm so excited. But one of their girls across from me,

615
00:27:04,800 --> 00:27:07,480
Speaker 2: I could see the brand on her leggings, and her

616
00:27:07,560 --> 00:27:10,720
Speaker 2: leggings were again Chef's Kiss. Amazing, I think it said

617
00:27:10,800 --> 00:27:13,720
Speaker 2: nimble and I don't own anything from Nimble yet, so

618
00:27:13,760 --> 00:27:15,240
Speaker 2: I was kind of like, maybe I'll look at that

619
00:27:15,280 --> 00:27:17,879
Speaker 2: when I get home. That's terrible from me, Like, I

620
00:27:17,920 --> 00:27:20,800
Speaker 2: do not need more workout leggings, nor do I need

621
00:27:20,840 --> 00:27:22,600
Speaker 2: to be spending money right now. So I think this

622
00:27:22,720 --> 00:27:24,320
Speaker 2: is just a little check in for all of you

623
00:27:24,359 --> 00:27:26,679
Speaker 2: guys who are spending money on yourself that you potentially

624
00:27:26,720 --> 00:27:28,959
Speaker 2: don't need to be spending when we've got a bit

625
00:27:29,000 --> 00:27:30,320
Speaker 2: of a pricey period coming up.

626
00:27:30,400 --> 00:27:32,879
Speaker 1: Yeah, exactly, think about it. It can be tempting, especially

627
00:27:32,920 --> 00:27:35,119
Speaker 1: to our Malburnians who haven't really had an op to

628
00:27:35,160 --> 00:27:35,840
Speaker 1: go out and shop.

629
00:27:36,359 --> 00:27:37,679
Speaker 2: Run one hundred percent.

630
00:27:38,280 --> 00:27:40,600
Speaker 1: I wanted to flag here as well our mates over

631
00:27:40,640 --> 00:27:44,000
Speaker 1: at Aldi. You know, also not sponsored, We're just in love, said,

632
00:27:44,080 --> 00:27:47,879
Speaker 1: I know, but you mentioned before the cheeseboard, our cheeseboard challenge.

633
00:27:47,880 --> 00:27:50,959
Speaker 2: It's honestly, it's so good, Like set a challenge. If

634
00:27:50,960 --> 00:27:53,160
Speaker 2: you're going to go over to someone's house for Christmas

635
00:27:53,240 --> 00:27:55,800
Speaker 2: and you are meant to bring something along, what a

636
00:27:55,800 --> 00:27:57,600
Speaker 2: better idea than to set a budget and try and

637
00:27:57,600 --> 00:27:58,119
Speaker 2: stick to it.

638
00:27:58,200 --> 00:28:02,720
Speaker 1: Yeah, one hundred one hundred one, take a shot. Yeah,

639
00:28:02,760 --> 00:28:05,320
Speaker 1: love it? Oh God. Also, last bit from me, I'm

640
00:28:05,320 --> 00:28:08,119
Speaker 1: gonna wind this up is to also be careful of

641
00:28:08,160 --> 00:28:10,800
Speaker 1: the boxing day's sales, which can be very tempting on

642
00:28:10,880 --> 00:28:13,720
Speaker 1: the old twenty sixth of December. You know, use the

643
00:28:13,760 --> 00:28:16,320
Speaker 1: sales if you're gonna buy stuff anyway, but don't just

644
00:28:16,359 --> 00:28:18,359
Speaker 1: do it because it's a massive sale, which is what

645
00:28:18,400 --> 00:28:21,600
Speaker 1: everyone does on Boxing date. It's ridiculous. That is all

646
00:28:21,640 --> 00:28:25,240
Speaker 1: from me, vickd round us out. Okay, well, just that's

647
00:28:25,400 --> 00:28:30,479
Speaker 1: five times I've called you that. Sorry, all right, Georgia.

648
00:28:30,480 --> 00:28:33,040
Speaker 1: Before you hustle me on into the listener question, I

649
00:28:33,119 --> 00:28:35,119
Speaker 1: wanted to just add that this Christmas is going to

650
00:28:35,160 --> 00:28:36,120
Speaker 1: be a special one.

651
00:28:35,960 --> 00:28:38,160
Speaker 2: Because it's been a little bit of a weird and

652
00:28:38,240 --> 00:28:41,120
Speaker 2: isolating and difficult year for so many of us. For

653
00:28:41,160 --> 00:28:43,160
Speaker 2: lots of listeners, they're not actually going to be able

654
00:28:43,160 --> 00:28:45,240
Speaker 2: to spend time with their families this year. So to

655
00:28:45,360 --> 00:28:47,719
Speaker 2: all of you, we are sending our love and we

656
00:28:47,760 --> 00:28:49,720
Speaker 2: want you to know that you're part of our family.

657
00:28:50,200 --> 00:28:52,640
Speaker 2: But now we can have our listener question, let's do it.

658
00:28:53,280 --> 00:28:56,680
Speaker 3: Hello, love lies. I'm currently five K debt and it

659
00:28:56,720 --> 00:28:59,280
Speaker 3: is bad debt, as you girls will call it. But

660
00:28:59,320 --> 00:29:01,320
Speaker 3: I don't want to be sting to this Christmas as

661
00:29:01,320 --> 00:29:03,800
Speaker 3: I love giving and I would hate to miss out

662
00:29:03,840 --> 00:29:06,560
Speaker 3: just because I've made some silly decisions in the past.

663
00:29:07,400 --> 00:29:09,600
Speaker 3: I know you'll say not to rely on a credit card,

664
00:29:09,640 --> 00:29:11,880
Speaker 3: but I don't feel like I have much of a choice.

665
00:29:12,480 --> 00:29:15,040
Speaker 3: Any ideas you have of not leaning on credit at

666
00:29:15,040 --> 00:29:16,560
Speaker 3: this time would be amazing.

667
00:29:17,920 --> 00:29:19,160
Speaker 1: What's the answer to this one being?

668
00:29:19,400 --> 00:29:21,600
Speaker 2: I think this is a really interesting one because I

669
00:29:21,640 --> 00:29:23,760
Speaker 2: know so many people are going to be going into

670
00:29:23,760 --> 00:29:26,920
Speaker 2: this Christmas in debt. So for me, it would actually

671
00:29:27,000 --> 00:29:30,280
Speaker 2: be about making a budget, understanding your cash flow, and

672
00:29:30,320 --> 00:29:33,120
Speaker 2: I mean, never rely on credit if you can avoid

673
00:29:33,160 --> 00:29:36,360
Speaker 2: it going to be unavoidable for some people. I'm not

674
00:29:36,440 --> 00:29:38,479
Speaker 2: going to sit here and be like, just don't do it,

675
00:29:38,520 --> 00:29:41,040
Speaker 2: because it means that you actually miss out, and like,

676
00:29:41,400 --> 00:29:43,600
Speaker 2: I think it's a very challenging space, right. The advice

677
00:29:43,640 --> 00:29:46,720
Speaker 2: here is obviously, do not rely on credit. But if

678
00:29:46,760 --> 00:29:50,040
Speaker 2: you cannot put food on the table or get Christmas

679
00:29:50,120 --> 00:29:53,640
Speaker 2: presents for your children or family this year without relying

680
00:29:53,680 --> 00:29:56,080
Speaker 2: on credit, like, that's okay. Like, and I want you

681
00:29:56,120 --> 00:29:58,920
Speaker 2: to know that that's okay. I'm obviously not endorsing it

682
00:29:58,960 --> 00:30:01,360
Speaker 2: as a really great long term solution, but if it's

683
00:30:01,360 --> 00:30:04,760
Speaker 2: something that you actually need to do fantastic, But don't

684
00:30:04,760 --> 00:30:07,200
Speaker 2: go crazy just because it's on a credit card. Still

685
00:30:07,200 --> 00:30:10,040
Speaker 2: have a budget, Still put in place limits on things.

686
00:30:10,120 --> 00:30:13,320
Speaker 2: Talk about to yourself, even just what you want to spend.

687
00:30:13,440 --> 00:30:16,160
Speaker 2: Are you spending fifty dollars a gift? Treat your credit

688
00:30:16,160 --> 00:30:18,960
Speaker 2: card like you're spending your savings, because you are going

689
00:30:19,000 --> 00:30:20,880
Speaker 2: to have to pay it back, and the longer you

690
00:30:20,960 --> 00:30:23,320
Speaker 2: take to pay it back, the more expensive it's going

691
00:30:23,360 --> 00:30:26,600
Speaker 2: to be. And also understand that this is probably a

692
00:30:26,600 --> 00:30:28,560
Speaker 2: really good time to go. All right, do you know what,

693
00:30:28,880 --> 00:30:31,040
Speaker 2: I'm not going to feel guilty about putting Christmas this

694
00:30:31,120 --> 00:30:33,480
Speaker 2: year on the credit card because it is the last

695
00:30:33,480 --> 00:30:36,040
Speaker 2: time I'm putting Christmas on the credit card, and really

696
00:30:36,120 --> 00:30:39,080
Speaker 2: knuckle down for the new year. Create, just like Jessica,

697
00:30:39,320 --> 00:30:42,360
Speaker 2: your Christmas savings goal. So this is not a situation

698
00:30:42,400 --> 00:30:44,600
Speaker 2: you find yourself in next year. But I do not

699
00:30:44,760 --> 00:30:48,320
Speaker 2: want for even two seconds people to think that because

700
00:30:48,400 --> 00:30:50,680
Speaker 2: I'm against credit cards, it means you shouldn't be using

701
00:30:50,720 --> 00:30:53,440
Speaker 2: them at Christmas time. So many of us have been

702
00:30:53,480 --> 00:30:57,560
Speaker 2: through such challenging years that I just think it's so

703
00:30:57,840 --> 00:31:01,880
Speaker 2: naive and so yeah, it's just not appropriate for anyone

704
00:31:01,880 --> 00:31:04,400
Speaker 2: to have the opinion that that's a hard no. Like,

705
00:31:04,600 --> 00:31:06,720
Speaker 2: if you need it, my friend, I'm with you, but

706
00:31:06,800 --> 00:31:08,880
Speaker 2: we need to create a plan that you are no

707
00:31:08,920 --> 00:31:12,640
Speaker 2: longer reliant on that in the future. Does that make sense, Georgia, Yeah.

708
00:31:12,600 --> 00:31:16,000
Speaker 1: Yeah, it does, And it is hard because you know,

709
00:31:16,080 --> 00:31:18,760
Speaker 1: the kicker with credit cards is that you get them

710
00:31:18,880 --> 00:31:21,880
Speaker 1: for the right reason, or maybe you don't, but sometimes

711
00:31:21,880 --> 00:31:24,800
Speaker 1: you do and then you can let it spin out

712
00:31:24,840 --> 00:31:28,560
Speaker 1: of control. But if it's a lifeline for you, I

713
00:31:28,760 --> 00:31:30,520
Speaker 1: think that that's a really good thing, right.

714
00:31:30,560 --> 00:31:34,160
Speaker 2: Yeah, Look, they're not the devil that often people make

715
00:31:34,200 --> 00:31:36,600
Speaker 2: them out to be. Nobody gets a credit card with

716
00:31:36,640 --> 00:31:39,680
Speaker 2: the intention of going into heaps of personal debt. Not

717
00:31:39,840 --> 00:31:41,959
Speaker 2: one of you that is listening that is in personal

718
00:31:42,000 --> 00:31:45,160
Speaker 2: debt is going to say, oh, well, actually I got

719
00:31:45,160 --> 00:31:47,280
Speaker 2: this because I have I just have always wanted to

720
00:31:47,320 --> 00:31:50,000
Speaker 2: be in debt, Victoria, Like, it just doesn't happen. So

721
00:31:50,040 --> 00:31:52,640
Speaker 2: I think it's just being really aware that you are

722
00:31:52,720 --> 00:31:55,680
Speaker 2: using this as a tool to achieve your goals and

723
00:31:55,760 --> 00:31:59,040
Speaker 2: your values, but it is not a sustainable option.

724
00:32:04,040 --> 00:32:06,160
Speaker 5: Hi, I'm twenty four, I've got a new house and

725
00:32:06,160 --> 00:32:07,000
Speaker 5: a new knows and.

726
00:32:07,080 --> 00:32:11,080
Speaker 4: This is my money diary. I'd say my attitude to money.

727
00:32:10,840 --> 00:32:14,560
Speaker 5: Has always been a really positive one and a really

728
00:32:14,640 --> 00:32:15,600
Speaker 5: valuable one.

729
00:32:15,840 --> 00:32:17,720
Speaker 4: My grandparents on both.

730
00:32:17,520 --> 00:32:20,760
Speaker 5: Sides of my family, they were immigrants to Australia and

731
00:32:20,880 --> 00:32:23,760
Speaker 5: literally started with nothing, so they had to build from

732
00:32:23,800 --> 00:32:26,680
Speaker 5: the ground up and worked really, really hard and therefore

733
00:32:26,680 --> 00:32:29,760
Speaker 5: instilled that sort of attitude onto my parents. My dad

734
00:32:29,760 --> 00:32:33,160
Speaker 5: has been a small business owner ever since I could remember,

735
00:32:33,360 --> 00:32:35,760
Speaker 5: so I've always seen him work really hard and value

736
00:32:35,800 --> 00:32:38,000
Speaker 5: money in a very different way, and the way that

737
00:32:38,040 --> 00:32:41,640
Speaker 5: he looks at investing has sort of shaped the way

738
00:32:41,680 --> 00:32:45,640
Speaker 5: that I feel about money. I remember when I turned fifteen,

739
00:32:45,840 --> 00:32:47,560
Speaker 5: he sort of turned around and said, cool, you're at

740
00:32:47,560 --> 00:32:48,160
Speaker 5: the legal age.

741
00:32:48,200 --> 00:32:49,440
Speaker 4: Now you need to start working.

742
00:32:49,800 --> 00:32:53,320
Speaker 5: That's exactly what I did, and my main motivation at

743
00:32:53,320 --> 00:32:55,080
Speaker 5: the time was that I actually.

744
00:32:54,680 --> 00:32:57,280
Speaker 4: Wanted a nose job. That was something that I've been really.

745
00:32:57,160 --> 00:33:00,720
Speaker 5: Self conscious about since I was an adolescent teen type

746
00:33:00,720 --> 00:33:03,240
Speaker 5: of thing. So when I was suddenly thus with the

747
00:33:03,240 --> 00:33:05,480
Speaker 5: opportunity of having a job, I was like, oh, my gosh,

748
00:33:05,560 --> 00:33:07,479
Speaker 5: I could have a nose job in a year, Like

749
00:33:07,640 --> 00:33:10,800
Speaker 5: not really knowing how much a fifteen year old actually

750
00:33:10,800 --> 00:33:12,400
Speaker 5: gets paid and that kind of stuff.

751
00:33:13,000 --> 00:33:13,880
Speaker 4: That was in high school.

752
00:33:13,920 --> 00:33:17,920
Speaker 5: I started working weekend jobs at a cafe, and my

753
00:33:18,120 --> 00:33:20,560
Speaker 5: dad was the one that actually said, like, say, for example,

754
00:33:20,560 --> 00:33:22,880
Speaker 5: I got paid one hundred dollars a week, he said, Nope,

755
00:33:23,200 --> 00:33:24,880
Speaker 5: seventy dollars is going straight to savings.

756
00:33:24,920 --> 00:33:27,000
Speaker 4: You can have the remaining thirty I.

757
00:33:26,920 --> 00:33:29,120
Speaker 5: Remember I hated him at the time for it because

758
00:33:29,280 --> 00:33:31,920
Speaker 5: everyone else had. All my friends that had part time

759
00:33:32,000 --> 00:33:34,840
Speaker 5: jobs or casual jobs were able to spend their money freely,

760
00:33:35,400 --> 00:33:37,760
Speaker 5: and I almost thought that I was doing a slave

761
00:33:37,840 --> 00:33:40,240
Speaker 5: labor type of thing, or like child labor, working really

762
00:33:40,240 --> 00:33:42,480
Speaker 5: really hard and not seeing a result.

763
00:33:43,200 --> 00:33:45,000
Speaker 4: But I was really really grateful because by.

764
00:33:44,880 --> 00:33:47,840
Speaker 5: The time that I turned eighteens, I realized that I

765
00:33:47,880 --> 00:33:51,480
Speaker 5: needed a car. So once I had purchased my car,

766
00:33:51,600 --> 00:33:54,320
Speaker 5: my next goal was going to be the Rhino plastic

767
00:33:54,320 --> 00:33:56,440
Speaker 5: because everyone had said to me, there's no point in

768
00:33:56,480 --> 00:33:58,760
Speaker 5: getting a nose job, like save for other things, there's

769
00:33:58,800 --> 00:34:02,400
Speaker 5: no point. But I figured my mental health was something

770
00:34:02,440 --> 00:34:05,360
Speaker 5: that I valued more than the next milestones or the

771
00:34:05,360 --> 00:34:10,520
Speaker 5: traditional milestones. I was able from eighteen till just after

772
00:34:10,560 --> 00:34:12,800
Speaker 5: my twenty first birthday, I was able to save enough

773
00:34:12,960 --> 00:34:17,520
Speaker 5: for my nose job, which at the time cost fifteen

774
00:34:17,560 --> 00:34:20,359
Speaker 5: thousand dollars. It's a huge amount for me to part with,

775
00:34:20,440 --> 00:34:22,759
Speaker 5: But at the end of the day, that definitely the

776
00:34:22,800 --> 00:34:26,000
Speaker 5: ligned with my values because when I had had it done,

777
00:34:26,040 --> 00:34:28,960
Speaker 5: my entire mindset had changed and it actually made me

778
00:34:29,000 --> 00:34:32,000
Speaker 5: a more confident person. And it certainly hasn't stopped me

779
00:34:32,160 --> 00:34:35,680
Speaker 5: from working towards other savings goals as well, because yeah,

780
00:34:36,040 --> 00:34:39,760
Speaker 5: I think mental health above all trumps those like expected

781
00:34:39,800 --> 00:34:42,239
Speaker 5: milestones that I was meant to meet and things like that.

782
00:34:42,480 --> 00:34:44,440
Speaker 1: What does she do to earn money? How much does

783
00:34:44,480 --> 00:34:46,799
Speaker 1: she earn and how much is sitting in her bank

784
00:34:46,800 --> 00:34:47,840
Speaker 1: account right now.

785
00:34:48,160 --> 00:34:49,839
Speaker 4: I am an osteopath.

786
00:34:50,600 --> 00:34:54,800
Speaker 5: I am relatively new to the profession, so my wage

787
00:34:54,840 --> 00:34:57,440
Speaker 5: is currently at fifty two thousand a year about that,

788
00:34:58,239 --> 00:35:01,120
Speaker 5: but because it's a quite a physical job, I only

789
00:35:01,120 --> 00:35:04,320
Speaker 5: do about thirty hours a week. Prior to us buying

790
00:35:04,480 --> 00:35:07,440
Speaker 5: our house, at the end of July, in my savings

791
00:35:07,480 --> 00:35:09,960
Speaker 5: account I had about sixty five thousand. I've got three

792
00:35:10,000 --> 00:35:12,200
Speaker 5: sort of separate accounts, so in my everyday account, I

793
00:35:12,239 --> 00:35:16,279
Speaker 5: have got about three and a half thousand, So that's

794
00:35:16,360 --> 00:35:19,040
Speaker 5: just where my wage goes into and then I disperse

795
00:35:19,080 --> 00:35:23,479
Speaker 5: it from there. I've got a savings account which has

796
00:35:23,960 --> 00:35:24,840
Speaker 5: four thousand.

797
00:35:25,080 --> 00:35:28,360
Speaker 4: It used to be a lot bigger than that, prior

798
00:35:28,440 --> 00:35:30,120
Speaker 4: to me just buying the house.

799
00:35:30,360 --> 00:35:33,399
Speaker 5: And then myce and I have an account together that's

800
00:35:33,400 --> 00:35:35,080
Speaker 5: for a travel account, and that's got about seven and

801
00:35:35,080 --> 00:35:35,760
Speaker 5: a half thousand.

802
00:35:35,800 --> 00:35:39,040
Speaker 1: What is her attitude towards investing? Does she invest one?

803
00:35:39,080 --> 00:35:42,600
Speaker 5: I don't currently invest. I do want to invest in

804
00:35:42,640 --> 00:35:46,240
Speaker 5: the future. I think investing is a really awesome concept.

805
00:35:46,360 --> 00:35:49,719
Speaker 5: The idea of having a passive income is something that

806
00:35:49,800 --> 00:35:53,680
Speaker 5: just absolutely fascinates me. I was never exposed to investing

807
00:35:53,760 --> 00:35:56,759
Speaker 5: in i'd say the traditional way people expect investing, which

808
00:35:56,800 --> 00:35:58,560
Speaker 5: is like the shares and stuff like that. I was

809
00:35:58,640 --> 00:36:02,920
Speaker 5: more exposed to property investing, but I don't think in

810
00:36:02,960 --> 00:36:06,080
Speaker 5: this current climate is something that I'll be able to achieve,

811
00:36:06,120 --> 00:36:08,560
Speaker 5: and especially not with my current wage in my fiance's

812
00:36:08,600 --> 00:36:12,040
Speaker 5: current wage. But I certainly do want to look into

813
00:36:12,160 --> 00:36:16,160
Speaker 5: property investing because I see my dad now living on

814
00:36:16,239 --> 00:36:20,040
Speaker 5: primarily a passive income through his property investing, and I

815
00:36:20,120 --> 00:36:22,480
Speaker 5: really really admire that and I aspire to be like

816
00:36:22,560 --> 00:36:25,120
Speaker 5: him in that way. So I've been exposed to investing,

817
00:36:25,120 --> 00:36:26,240
Speaker 5: but in probably different ways.

818
00:36:26,320 --> 00:36:27,359
Speaker 1: What debts does she have?

819
00:36:27,560 --> 00:36:28,840
Speaker 4: I have my hex debt.

820
00:36:29,480 --> 00:36:33,600
Speaker 5: I think it's currently sitting at thirty eight thousand.

821
00:36:34,440 --> 00:36:36,600
Speaker 4: That's yet, that's the only debt that I actually have.

822
00:36:36,640 --> 00:36:39,000
Speaker 5: I've never had a credit card, I've never had a

823
00:36:39,080 --> 00:36:41,720
Speaker 5: car loan, I have never had.

824
00:36:41,560 --> 00:36:42,920
Speaker 4: Any other personal loans.

825
00:36:43,040 --> 00:36:45,799
Speaker 5: I am very against that because I feel, look, if

826
00:36:45,880 --> 00:36:49,800
Speaker 5: I have those options available to me, I will just spend.

827
00:36:50,800 --> 00:36:54,279
Speaker 4: So, yeah, you know you have got one other debt, right,

828
00:36:54,719 --> 00:37:01,640
Speaker 4: what's my debt? Oh my, oh god, I keep forgetting that.

829
00:37:01,640 --> 00:37:05,920
Speaker 4: That's a thing. Oh my gosh.

830
00:37:05,960 --> 00:37:07,680
Speaker 1: What is her best money habit?

831
00:37:07,719 --> 00:37:09,840
Speaker 5: Definitely the fact that once I set my mind to it,

832
00:37:09,960 --> 00:37:14,760
Speaker 5: I can save. But other than that, which I feel

833
00:37:14,800 --> 00:37:19,000
Speaker 5: is relatively evident in my habits, I would say that

834
00:37:19,160 --> 00:37:23,200
Speaker 5: I have a real knack of if I want something,

835
00:37:23,400 --> 00:37:27,160
Speaker 5: I will find the cheapest way to get there without

836
00:37:27,160 --> 00:37:30,600
Speaker 5: compromising on quality. Like, for example, I wanted a really

837
00:37:30,680 --> 00:37:32,800
Speaker 5: nice TV unit, and all of the TV units that

838
00:37:32,800 --> 00:37:36,000
Speaker 5: are really really good quality somewhat over one thousand dollars.

839
00:37:36,040 --> 00:37:38,360
Speaker 5: But I had found a lady on Instagram that was

840
00:37:38,400 --> 00:37:40,880
Speaker 5: doing refurbishments and I was able to get this massive,

841
00:37:41,200 --> 00:37:43,840
Speaker 5: beautifully made TV unit for about three hundred dollars. So

842
00:37:43,920 --> 00:37:45,000
Speaker 5: I was really stoked about that.

843
00:37:45,120 --> 00:37:46,800
Speaker 1: And what's her worst money habit?

844
00:37:47,000 --> 00:37:51,839
Speaker 5: I spend a lot on takeaway food and coffee and

845
00:37:51,960 --> 00:37:56,840
Speaker 5: just general lifestyle things that include food. In my head,

846
00:37:56,880 --> 00:38:00,839
Speaker 5: I equate food to necessities and essentials when like, it's

847
00:38:00,840 --> 00:38:02,600
Speaker 5: not essential for me to buy a crossopt and a

848
00:38:02,600 --> 00:38:05,759
Speaker 5: coffee every single morning, but that is something that I'm

849
00:38:05,760 --> 00:38:07,279
Speaker 5: just like, yep, I've got the money there, I'm going

850
00:38:07,280 --> 00:38:09,279
Speaker 5: to pay for it. So I'd say that's definitely my

851
00:38:09,320 --> 00:38:11,960
Speaker 5: worst money habit because I could probably save a lot

852
00:38:12,000 --> 00:38:14,479
Speaker 5: more put that towards another nice thing, like a nice

853
00:38:14,640 --> 00:38:18,480
Speaker 5: shirt or really good skincare or makeup. But definitely takeaway

854
00:38:18,480 --> 00:38:20,520
Speaker 5: food is the worst thing for me.

855
00:38:21,160 --> 00:38:23,320
Speaker 1: What is her big money goal prior.

856
00:38:23,160 --> 00:38:25,840
Speaker 5: To actually having the house. I'd say that my biggest

857
00:38:25,840 --> 00:38:27,960
Speaker 5: money goal was actually being a homeowner, so I was

858
00:38:28,040 --> 00:38:30,080
Speaker 5: very very excited to get able to achieve that with

859
00:38:30,120 --> 00:38:34,239
Speaker 5: my fiance. But I would say short term more a

860
00:38:34,400 --> 00:38:36,960
Speaker 5: family car. We're still quite young, so we're not planning

861
00:38:37,000 --> 00:38:40,520
Speaker 5: a family anytime soon, but ideally would like to. If

862
00:38:40,560 --> 00:38:42,640
Speaker 5: we want to upgrade our car, We're thinking a family

863
00:38:42,640 --> 00:38:44,560
Speaker 5: car would be the next thing, so we're saving for

864
00:38:44,600 --> 00:38:45,200
Speaker 5: that at the moment.

865
00:38:45,520 --> 00:38:47,719
Speaker 1: And what grade would she give her money habits?

866
00:38:47,960 --> 00:38:52,719
Speaker 5: I would give my money habits a B plus. The

867
00:38:52,760 --> 00:38:56,239
Speaker 5: reason why is because other than saving really well, I

868
00:38:56,280 --> 00:38:58,640
Speaker 5: feel like that's where my good money habits sort of end.

869
00:38:58,760 --> 00:39:00,959
Speaker 5: So because I have been able, we will live at home,

870
00:39:01,000 --> 00:39:03,680
Speaker 5: and I haven't had much expenses, I know that once

871
00:39:03,719 --> 00:39:05,880
Speaker 5: I am actually out of home, I'm going to have

872
00:39:05,920 --> 00:39:08,719
Speaker 5: a bit of a shock as to what budgeting is

873
00:39:08,800 --> 00:39:11,719
Speaker 5: actually like, and you know what bill paying is like

874
00:39:11,800 --> 00:39:13,880
Speaker 5: and those kind of expenses. So I think I'm going

875
00:39:13,920 --> 00:39:15,760
Speaker 5: to come to terms with the fact that I can't

876
00:39:15,880 --> 00:39:17,920
Speaker 5: save as much as I am used to saving.

877
00:39:19,080 --> 00:39:22,279
Speaker 4: So I think I have a lot to learn in

878
00:39:22,360 --> 00:39:22,800
Speaker 4: that regard.

879
00:39:22,880 --> 00:39:24,439
Speaker 5: So that's why I'm putting myself at a B plus,

880
00:39:24,480 --> 00:39:28,120
Speaker 5: because you know, I don't necessarily invest yet, and I.

881
00:39:27,920 --> 00:39:31,719
Speaker 4: Don't know what quotations real world spending is going to

882
00:39:31,760 --> 00:39:32,040
Speaker 4: be like.

883
00:39:32,400 --> 00:39:36,160
Speaker 1: So the twenty four new house and new nos, I

884
00:39:36,200 --> 00:39:36,440
Speaker 1: love you.

885
00:39:36,520 --> 00:39:36,960
Speaker 4: It's true.

886
00:39:37,040 --> 00:39:39,319
Speaker 2: I really liked it because she was obviously spending in

887
00:39:39,320 --> 00:39:41,640
Speaker 2: line with her goals and her values. And something that

888
00:39:41,680 --> 00:39:43,960
Speaker 2: really shines through here, which is kind of like the

889
00:39:44,000 --> 00:39:46,160
Speaker 2: message that we wanted you to get out of this,

890
00:39:46,320 --> 00:39:50,080
Speaker 2: is that everybody has different values and everybody has different

891
00:39:50,080 --> 00:39:52,279
Speaker 2: goals and they are all valid. And I think that

892
00:39:52,400 --> 00:39:54,799
Speaker 2: if you want new nose, you want some new boobs, girl,

893
00:39:54,800 --> 00:39:56,680
Speaker 2: I'm here for you if you budget for it and

894
00:39:56,800 --> 00:39:58,640
Speaker 2: it is aligned to your goals and values and it

895
00:39:58,680 --> 00:40:01,160
Speaker 2: doesn't put you in personal debt. Like these are the

896
00:40:01,160 --> 00:40:03,759
Speaker 2: things that are important. If a new nose is the

897
00:40:03,800 --> 00:40:06,160
Speaker 2: thing that you need, fantastic, I'm so here for it.

898
00:40:06,200 --> 00:40:08,000
Speaker 2: And I loved that. She was just like, no, my

899
00:40:08,040 --> 00:40:11,600
Speaker 2: self confidence would benefit from it. Like that's to me

900
00:40:11,719 --> 00:40:16,080
Speaker 2: really important. And sometimes I think we forget how important

901
00:40:16,080 --> 00:40:18,960
Speaker 2: our mental health is and how money can actually help

902
00:40:19,040 --> 00:40:22,200
Speaker 2: us achieve mental health, like positive mindset, which I think

903
00:40:22,280 --> 00:40:24,600
Speaker 2: is really important as well. So sometimes I often see

904
00:40:24,600 --> 00:40:27,160
Speaker 2: people in our community putting far too much pressure on

905
00:40:27,200 --> 00:40:30,800
Speaker 2: themselves to save and invest when they have other things

906
00:40:30,840 --> 00:40:32,759
Speaker 2: that they really want to spend their money on. And

907
00:40:32,800 --> 00:40:35,600
Speaker 2: so that's where values come in. It's not just always

908
00:40:35,680 --> 00:40:38,960
Speaker 2: financial values and how rich you can get. Yeah, And

909
00:40:39,000 --> 00:40:41,040
Speaker 2: that's like a big money goal that she worked towards

910
00:40:41,120 --> 00:40:44,040
Speaker 2: for a long time. And she was saying that when

911
00:40:44,080 --> 00:40:47,640
Speaker 2: she was a teenager, her dad made her ferresh away

912
00:40:48,040 --> 00:40:50,640
Speaker 2: most of what she would earn. I do like that.

913
00:40:51,400 --> 00:40:52,120
Speaker 2: I like it too.

914
00:40:52,840 --> 00:40:56,440
Speaker 1: Just you good, just good lessons young on how to

915
00:40:56,440 --> 00:40:58,960
Speaker 1: manage your money, and then she would have been strides

916
00:40:59,000 --> 00:41:01,200
Speaker 1: ahead of her mate. She would have just been, you know,

917
00:41:01,280 --> 00:41:03,840
Speaker 1: spending it up yeah one or whatever.

918
00:41:03,960 --> 00:41:06,040
Speaker 2: Yeah. But in saying that, we still enjoyed it. Like

919
00:41:06,080 --> 00:41:08,480
Speaker 2: I was spending when I was younger. My dad used

920
00:41:08,480 --> 00:41:13,120
Speaker 2: to give me brilliant advice to save. Did I take it? No? Sorry, Dad,

921
00:41:13,160 --> 00:41:16,040
Speaker 2: I love you, but I wasn't a very good listener

922
00:41:16,120 --> 00:41:18,200
Speaker 2: as a teenager. So some of us took it and

923
00:41:18,239 --> 00:41:19,960
Speaker 2: some of us didn't. But I think the most important

924
00:41:19,960 --> 00:41:22,640
Speaker 2: thing here is if you were a spender when you

925
00:41:22,680 --> 00:41:25,520
Speaker 2: were younger, like there's always time to change. Like there's

926
00:41:25,520 --> 00:41:28,000
Speaker 2: even a post recently in our Facebook group, I think

927
00:41:28,040 --> 00:41:31,160
Speaker 2: she's twenty three, Is it too late to change? It's like,

928
00:41:31,560 --> 00:41:33,680
Speaker 2: my friend, there was no such thing as too late,

929
00:41:33,840 --> 00:41:37,000
Speaker 2: like whether you are twenty three, thirty three, or one

930
00:41:37,080 --> 00:41:39,600
Speaker 2: hundred and three. Like you can change your money, myset,

931
00:41:39,719 --> 00:41:41,879
Speaker 2: you can change your values, and you need to stop

932
00:41:41,920 --> 00:41:44,840
Speaker 2: comparing yourselves to others, like focus on you, my friends.

933
00:41:45,360 --> 00:41:48,520
Speaker 2: But also, I don't know, maybe you were gonna ask

934
00:41:48,640 --> 00:41:50,799
Speaker 2: me this. I thought that her judgment on herself was

935
00:41:50,800 --> 00:41:53,440
Speaker 2: a little bit harsh, as in the grade she gave

936
00:41:53,480 --> 00:41:55,399
Speaker 2: us the grade she gave us. So, okay, I thought

937
00:41:55,440 --> 00:41:58,960
Speaker 2: it was through mush because she came across and maybe

938
00:41:58,960 --> 00:42:01,160
Speaker 2: this is like obviously it's money Dirry, So don't know

939
00:42:01,200 --> 00:42:05,000
Speaker 2: her deeply, but she came across as really financially literate

940
00:42:05,360 --> 00:42:08,279
Speaker 2: and she knew about investing and she knew about savings,

941
00:42:08,320 --> 00:42:11,160
Speaker 2: but it wasn't in her budget at that point. My friend,

942
00:42:11,239 --> 00:42:13,040
Speaker 2: just because it's not in your budget doesn't mean that

943
00:42:13,120 --> 00:42:15,719
Speaker 2: you are lower down on the rating. Like to me,

944
00:42:16,080 --> 00:42:18,319
Speaker 2: she sounded like an A, like, yeah, you're right, you're

945
00:42:18,320 --> 00:42:20,359
Speaker 2: not investing yet, but there's a reason, and a really

946
00:42:20,400 --> 00:42:22,600
Speaker 2: good reason why you're not investing. And she seemed to

947
00:42:22,640 --> 00:42:24,640
Speaker 2: have a really good level of insight and understanding of

948
00:42:24,760 --> 00:42:28,080
Speaker 2: her personal situation. And to me, that's an A that's

949
00:42:28,120 --> 00:42:30,680
Speaker 2: not you know, what she rated herself as. So I

950
00:42:30,719 --> 00:42:33,759
Speaker 2: think that's important to point out as well, because you

951
00:42:33,840 --> 00:42:36,800
Speaker 2: don't have to be an investor to be an A plus. Yeah,

952
00:42:36,920 --> 00:42:39,000
Speaker 2: like you can just be really good at managing your

953
00:42:39,040 --> 00:42:41,560
Speaker 2: budget and your cash flow and actually being really on

954
00:42:41,600 --> 00:42:44,600
Speaker 2: top of your personal finances. And to me, that's really important.

955
00:42:44,719 --> 00:42:48,160
Speaker 1: Yeah, you don't need the million dollar share portfolio, absolutely.

956
00:42:48,120 --> 00:42:50,320
Speaker 2: That's not what creates an a plus and air plus

957
00:42:50,400 --> 00:42:54,840
Speaker 2: is someone who really understands their financial situation, embraces personal finance,

958
00:42:55,000 --> 00:42:56,839
Speaker 2: and is totally on top of it. And I think

959
00:42:56,880 --> 00:43:00,239
Speaker 2: sometimes people get really carried away with the idea you

960
00:43:00,320 --> 00:43:03,359
Speaker 2: have to be a savage investor to be really good

961
00:43:03,360 --> 00:43:06,160
Speaker 2: at money. You don't like. Yes, that could align to

962
00:43:06,200 --> 00:43:09,719
Speaker 2: your goals and values, but it's not always possible for

963
00:43:09,760 --> 00:43:11,160
Speaker 2: all of us. And that's okay too.

964
00:43:12,520 --> 00:43:16,239
Speaker 1: One more question here, v before we head off or

965
00:43:16,320 --> 00:43:18,320
Speaker 1: head into the wrap for today.

966
00:43:18,800 --> 00:43:19,560
Speaker 2: I wanted to.

967
00:43:19,440 --> 00:43:21,680
Speaker 1: Ask you a little bit about what you think of

968
00:43:22,239 --> 00:43:25,160
Speaker 1: saving lots of money when you're still living at home.

969
00:43:25,680 --> 00:43:27,920
Speaker 1: I feel like sometimes there can be a bit of

970
00:43:27,960 --> 00:43:30,560
Speaker 1: a judgment about that, because that is obviously a very

971
00:43:30,920 --> 00:43:33,799
Speaker 1: privileged position to be in, to be twenty four still

972
00:43:33,800 --> 00:43:36,799
Speaker 1: living at home, having spent your whole life there, so

973
00:43:37,080 --> 00:43:39,879
Speaker 1: you know you're not paying for bills or board necessarily.

974
00:43:40,400 --> 00:43:43,480
Speaker 1: What do you make of people who might judge people

975
00:43:43,480 --> 00:43:45,520
Speaker 1: who have a house because they have been at home

976
00:43:45,880 --> 00:43:47,680
Speaker 1: that whole time. Does that make sense.

977
00:43:47,520 --> 00:43:50,520
Speaker 2: As a question? It really does, And this is something

978
00:43:50,560 --> 00:43:53,640
Speaker 2: that frustrates me. I don't know how to address this

979
00:43:53,800 --> 00:43:57,279
Speaker 2: as clearly or succinctly as i'd really like to. But

980
00:43:57,840 --> 00:44:01,719
Speaker 2: I think when privilege occurs, it's important to acknowledge it.

981
00:44:01,800 --> 00:44:05,319
Speaker 2: But it doesn't make you bad. Like privilege fantastic. I'm

982
00:44:05,360 --> 00:44:08,040
Speaker 2: so happy for you that you had that opportunity. I

983
00:44:08,080 --> 00:44:11,640
Speaker 2: wish that opportunity on everyone. It's just not possible, though,

984
00:44:11,960 --> 00:44:14,920
Speaker 2: So I don't think that people are bad people because

985
00:44:14,920 --> 00:44:17,239
Speaker 2: they have privilege, and I don't think it makes them

986
00:44:17,280 --> 00:44:20,919
Speaker 2: less understanding of other situations. I think it's just more

987
00:44:20,960 --> 00:44:24,319
Speaker 2: about when privilege rubs me the wrong way, is when

988
00:44:24,360 --> 00:44:28,200
Speaker 2: people don't understand their privilege and when they aren't grateful

989
00:44:28,239 --> 00:44:30,520
Speaker 2: for it. And I think that that's the most important

990
00:44:30,600 --> 00:44:33,240
Speaker 2: part here for me. It's not about who was privileged

991
00:44:33,360 --> 00:44:35,239
Speaker 2: or not. Like, at the end of the day, we

992
00:44:35,320 --> 00:44:38,480
Speaker 2: are privileged because we are Australian, full stop, end of story.

993
00:44:38,520 --> 00:44:41,080
Speaker 2: But then there are so many other layers and complexities

994
00:44:41,120 --> 00:44:44,480
Speaker 2: that come into privilege, whether that's whether whether that's you

995
00:44:44,560 --> 00:44:46,600
Speaker 2: come from a wealthy family, or your parents helped you

996
00:44:46,640 --> 00:44:49,560
Speaker 2: out financially, or maybe you just had, you know, have

997
00:44:49,560 --> 00:44:52,080
Speaker 2: a higher IQ so you're able to get a more

998
00:44:52,120 --> 00:44:55,560
Speaker 2: complex job. Like all of these things play into privilege

999
00:44:55,560 --> 00:44:57,839
Speaker 2: and there's just different levels of it. And I just

1000
00:44:57,920 --> 00:45:01,120
Speaker 2: think that often we can get hung up on other

1001
00:45:01,160 --> 00:45:03,880
Speaker 2: people being privileged and feel bad for ourselves, but at

1002
00:45:03,920 --> 00:45:05,880
Speaker 2: the end of the day, like I just think that

1003
00:45:06,080 --> 00:45:09,280
Speaker 2: it is what it is. Unfortunately, the world isn't fair

1004
00:45:09,600 --> 00:45:11,560
Speaker 2: and we need to just embrace what's right for us,

1005
00:45:11,719 --> 00:45:15,120
Speaker 2: not necessarily compare ourselves to the situations of others and

1006
00:45:15,160 --> 00:45:16,759
Speaker 2: whether they've been lucky or not.

1007
00:45:17,360 --> 00:45:20,919
Speaker 1: Alrighty V, you said that well, as you always do.

1008
00:45:21,040 --> 00:45:23,200
Speaker 1: But it is time to wind up today's show.

1009
00:45:23,320 --> 00:45:26,640
Speaker 2: Okay, but Georgia, just before we head off, we'd really

1010
00:45:26,719 --> 00:45:29,520
Speaker 2: like to acknowledge impair respects to Australian's Aboriginal and Torres

1011
00:45:29,520 --> 00:45:32,880
Speaker 2: Strait Islander people's, the traditional custodians of the lands, the

1012
00:45:32,920 --> 00:45:36,319
Speaker 2: waterways and the skies all across Australia. We thank you

1013
00:45:36,360 --> 00:45:38,160
Speaker 2: for sharing and for caring on the land which we

1014
00:45:38,239 --> 00:45:40,960
Speaker 2: are able to learn. We pay our respects to elders

1015
00:45:40,960 --> 00:45:44,040
Speaker 2: past and present, and we share our friendship and our kindness.

1016
00:45:44,320 --> 00:45:47,080
Speaker 1: Now to the boring bit that no one probably listens to.

1017
00:45:47,680 --> 00:45:50,279
Speaker 2: I think they do, though, really, yeah, because it's just

1018
00:45:50,320 --> 00:45:52,160
Speaker 2: to say that I'm just always interested to see if

1019
00:45:52,200 --> 00:45:53,280
Speaker 2: you mess up the numbers.

1020
00:45:53,760 --> 00:45:56,400
Speaker 1: I mean, now, the advice shared on cheese. On the

1021
00:45:56,400 --> 00:45:58,919
Speaker 1: money is general in nature and just not consider your

1022
00:45:58,920 --> 00:46:02,960
Speaker 1: individual's circumstance. She's on the money exists purely for educational

1023
00:46:03,000 --> 00:46:05,399
Speaker 1: purposes and should not be relied upon to make an

1024
00:46:05,400 --> 00:46:09,080
Speaker 1: investment or a financial decision. And we promise VICKI D

1025
00:46:09,360 --> 00:46:13,280
Speaker 1: just kidding. Victoria Devine is an authorized representative of Australia

1026
00:46:13,320 --> 00:46:19,319
Speaker 1: Pacific Funds Management Propriety Limited. Come on ABN three four

1027
00:46:19,360 --> 00:46:22,440
Speaker 1: one three two four six three two five seven AFSSEL

1028
00:46:22,600 --> 00:46:24,320
Speaker 1: three three nine one five one.

1029
00:46:24,600 --> 00:46:25,160
Speaker 5: Did you like that?

1030
00:46:25,280 --> 00:46:27,640
Speaker 2: I wanted to wrap it? Next time you're gonna have

1031
00:46:27,640 --> 00:46:29,279
Speaker 2: to come up with a row O glt it.

1032
00:46:29,840 --> 00:46:32,520
Speaker 1: And thank you to Ryan John who puts up with

1033
00:46:32,600 --> 00:46:35,080
Speaker 1: a lot with us. Doesn't ev he does. He is

1034
00:46:35,120 --> 00:46:37,759
Speaker 1: our producer, as you guys would know by now, keeps

1035
00:46:37,840 --> 00:46:38,359
Speaker 1: us in line.

1036
00:46:38,440 --> 00:46:39,960
Speaker 2: Georgia keeps us on track.

1037
00:46:40,080 --> 00:46:41,879
Speaker 1: He does good on him your turn.

1038
00:46:42,160 --> 00:46:44,719
Speaker 2: Oh thank you. I promise guys. I'm actually not as

1039
00:46:44,719 --> 00:46:47,920
Speaker 2: mean as Georgia tries to make me out to Bailey guys,

1040
00:46:48,560 --> 00:46:50,719
Speaker 2: So we would love it if you joined our Facebook group,

1041
00:46:50,760 --> 00:46:53,279
Speaker 2: which is where I'm not very mean. It's also where

1042
00:46:53,280 --> 00:46:56,239
Speaker 2: our community shares money tips and tricks every single day

1043
00:46:56,360 --> 00:46:58,880
Speaker 2: free of judgment. Just so she's on the money on

1044
00:46:59,000 --> 00:47:01,200
Speaker 2: Facebook and join us. If Facebook's not anything, you can

1045
00:47:01,200 --> 00:47:03,440
Speaker 2: also find us on Instagram, roots sheets on the Money

1046
00:47:03,440 --> 00:47:08,040
Speaker 2: a US. And this is another not subtle pointer to

1047
00:47:08,600 --> 00:47:12,000
Speaker 2: scroll down now that our episode is done and vote

1048
00:47:12,000 --> 00:47:13,920
Speaker 2: for us. I mean, don't vote for us if you

1049
00:47:13,960 --> 00:47:16,880
Speaker 2: don't like us, but I'm assuming you probably might, especially

1050
00:47:17,000 --> 00:47:19,560
Speaker 2: friends if you're at this point of the podcast. And

1051
00:47:19,640 --> 00:47:21,880
Speaker 2: vote for us in the Listener Choice of the Australian

1052
00:47:21,920 --> 00:47:25,080
Speaker 2: Podcasting Awards, because it honestly means the world to us.

1053
00:47:25,520 --> 00:47:26,680
Speaker 1: What should we do if we win it?

1054
00:47:26,760 --> 00:47:28,440
Speaker 2: Oh my gosh, we're gonna have a Zoom party too.

1055
00:47:28,680 --> 00:47:31,279
Speaker 2: I think we should have a Zoom pre party. All right,

1056
00:47:31,520 --> 00:47:35,080
Speaker 2: you'll work it out. Cruises somebody body seas you know what.

1057
00:47:35,120 --> 00:47:39,360
Speaker 2: That's done. That's the episode. Hi guys, sign