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

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

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

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

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

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

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Speaker 1: As this podcast is about connecting, empowering, knowledge sharing and

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

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Speaker 1: and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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Speaker 3: She's on the Money, She's on the Money. Hello and

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Speaker 3: welcome On the Money, the podcast for millennials who want

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Speaker 3: financial freedom. Welcome to our very special recording of our show,

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Speaker 3: coming to you live from the Melbourne CBD where we

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Speaker 3: are recording a live podcast episode in celebration of the

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Speaker 3: launch of the new investing Wishes on the Money Book.

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Speaker 2: As always, we are.

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Speaker 3: Here to celebrate our community, but I am joined with

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Speaker 3: the gorgeous jessic Ricci.

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Speaker 4: Hello. Hello.

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Speaker 2: Hello.

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Speaker 3: As you guys know, Friday is the perfect time to

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Speaker 3: sit back with a bevy in hand to recap the

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Speaker 3: week that was and chat about the highs the lows.

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Speaker 3: We're going to share some money wins and conversions, and

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Speaker 3: we're going to talk about everything that is happening not

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Speaker 3: in the finance world, but in my book.

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Speaker 2: Which we're really excited about.

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Speaker 3: Let's get into it, though obviously we are going to

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Speaker 3: be joined by a very special guest, Victoria Latu in

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Speaker 3: the second half of this episode. But before we get there,

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Speaker 3: how about Jess. We just catch up on the week

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Speaker 3: that was. How's your week been?

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Speaker 5: It's been pretty good, it's been pretty crazy. We're in

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Speaker 5: Sydney two days ago doing this exact thing, although when

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Speaker 5: you're listening to this on the pod, it will have

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Speaker 5: been a whole week from now, because that's how things

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Speaker 5: work in podcast land. They sound like they're all happening

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Speaker 5: one after the other, and sometimes we're lying, but that's okay.

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Speaker 3: We are, and sometimes we edit out things we don't

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Speaker 3: want you to hear.

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Speaker 6: Like the F bombs.

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Speaker 2: We don't swear we are angels.

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Speaker 3: I'm wearing wite uring peach that could not come out

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Speaker 3: of our mouths.

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Speaker 2: How have you been for the last six months?

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Speaker 3: I feel like she's on the money, has been wild

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Speaker 3: You've had to put up with me finishing this book.

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Speaker 3: You've had to put up with me dragging you, arguably

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Speaker 3: all across the world to do.

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Speaker 2: She's on the money stuff. Are you dealing with it? Okay?

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Speaker 5: I am having a lot of fun. We just got

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Speaker 5: back from the States. Anyone who follows us online would

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Speaker 5: have seen lots of Disney content because that's where I

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Speaker 5: had fun.

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Speaker 6: Not so much at the finance conference.

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Speaker 3: Excuse me, she's not wrong, but I didn't think she'd

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Speaker 3: say that on stage. That was actually our bargaining right.

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Speaker 3: So I was like, I really want to go to FINCN.

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Speaker 3: It's a finance content creators conference, which none of you

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Speaker 3: are going to find interesting.

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Speaker 2: I do, though, and I said to Jess, let's go.

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Speaker 3: She's like, oh, you know, there's so much happening at home.

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Speaker 3: Maybe you just go and you make some new friends.

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Speaker 3: And I was like, I don't really want to go alone,

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Speaker 3: Like I know it's going to suck, but I want

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Speaker 3: the information take you to disney.

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Speaker 2: World, and she was like I'm in. So it worked.

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Speaker 2: We went to Disneyland.

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Speaker 3: We also were lucky enough to go to Disneyland in

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Speaker 3: Paris earlier this year as well. So I feel like

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Speaker 3: it would only be fair for the people who are

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Speaker 3: running the sponsorship for the Disney cruise to give you

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Speaker 3: a free cruise so many people.

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Speaker 6: I'm really glad.

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Speaker 5: If I'm known for anything in this community, it's for

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Speaker 5: being a Disney adult. Because I reckon, about fifty people

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Speaker 5: sent me the post when that was announced, which is very,

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Speaker 5: very fun, and that is my contribution, not the finance content.

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Speaker 5: I hope you're not here for that because I don't

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Speaker 5: know anything about it, but Disney I could talk about

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Speaker 5: all day absolutely.

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Speaker 3: All right, Well, I reckon, it's time to get into

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Speaker 3: our budget direct money wins and confessions of the week.

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Speaker 3: What reckon jazz sounds like a plan. Let's say I

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Speaker 3: kick off the very first one you can. Fantastic.

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Speaker 2: I have a win.

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Speaker 3: It is from our friend Kelsey, who I believe is

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Speaker 3: here tonight. She says, small money win. I want to

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Speaker 3: buy my daughter one of those personalized name blankets for

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Speaker 3: her first birthday. They're between one hundred and one hundred

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Speaker 3: and fifty dollars depending on the design, and my daughter

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Speaker 3: is now going to be in a photo shoot for

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Speaker 3: them because I emailed them. Are we going to get

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Speaker 3: a gift bouncher to spend at their store, and.

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Speaker 2: She gets to keep all the images.

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Speaker 5: I feel like that's so wholesome, Like imagine wanting something

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Speaker 5: and then being like, not only do I get it,

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Speaker 5: my child is now the face of it cree either way,

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Speaker 5: depending on how you look at it.

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Speaker 3: Kelsey, the audacity you had to email them and be like,

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Speaker 3: my kid's cute, give her a free blanket, and you're

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Speaker 3: through in our marketing.

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Speaker 5: If you are here, Kelsey, I'd really like to see

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Speaker 5: a photo of the blanket, because now I'm super sure

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Speaker 5: why to see the baby? What if the baby's on

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Speaker 5: the blanket like her face? Why not both? Yeah, I've

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Speaker 5: got a win from Esther, who said money win, absolutely

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Speaker 5: out of it after my wisdom tooth removal saved five

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Speaker 5: hundred dollars from what I was quoted, absolutely out of

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Speaker 5: my mind trying to pay dribbling everywhere, what a money

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Speaker 5: when it was, and how I needed to tell Victoria

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Speaker 5: divine And when I wrote this one down, I was

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Speaker 5: just really picturing Esther. I don't know if anyone's ever

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Speaker 5: seen the videos of people post wisdom teeth removal when they're.

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Speaker 3: Real and you can't sleep tonight, google it or put

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Speaker 3: it on YouTube. It's actually the funniest thing I've ever seen.

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Speaker 5: But the way she wrote it, I was just like,

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Speaker 5: are you writing this? Like in the car on the

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Speaker 5: way home, particularly when she's like dribbling everywhere.

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Speaker 6: Gotta tell Victoria divine.

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Speaker 3: It was just I feel bad because I had my

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Speaker 3: wisdom teeth out a couple of years ago, and it

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Speaker 3: doesn't matter that I'm now in my thirties. I still

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Speaker 3: called my mom and was like, hey, Mom, I need

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Speaker 3: to get my wisdom teeth that.

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Speaker 2: Will you come with me and help me?

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Speaker 3: All four were impacted. Long story short, had to go

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Speaker 3: into hospital for it. That's fine, but I had Mum

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Speaker 3: pick me up after. So she takes me home and

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Speaker 3: if you know me, I under eat me. I demanded

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Speaker 3: a big Mac on the way home, and I ate

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Speaker 3: it so quickly that I didn't know i'd had it

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Speaker 3: and asked Mum for another one. Ten out of ten.

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Speaker 3: If you have been is it anethetized? Yeah, you just

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Speaker 3: do things you don't want people to see on the internet.

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Speaker 3: So I'm glad that I didn't get on my phone

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Speaker 3: and all I did was get through Mac's drive through.

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Speaker 3: I have one. It is from Nicole. She says, small

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Speaker 3: but consistent money win here. I locked in fuel cheap

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Speaker 3: and I topped up my tank before it expired. Not

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Speaker 3: a full tank, but it's so much better to pay

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Speaker 3: a dollar fifty one per tank instead of a dollar

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Speaker 3: ninety four.

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Speaker 5: I really got a heart attack when I got off

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Speaker 5: the plane and saw how expensive petrol was. And we've

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Speaker 5: spoken on the podcast before about how I am a

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Speaker 5: very irresponsible driver in the sense that I will drive

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Speaker 5: my car on empty for kilometers, like I have had

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Speaker 5: to call RACV three times because I run out of petrol,

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Speaker 5: and my boyfriend twice, who is here somewhere today, Hi, James, love.

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Speaker 2: You so Also sorry James.

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Speaker 6: Yeah, also sorry James.

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Speaker 5: But we got off the flight from Sydney, and I

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Speaker 5: had driven to the airport with no petrol, and it's

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Speaker 5: always more expensive at the airport anyway, And when we

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Speaker 5: had left, I think it was like a dollar maybe

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Speaker 5: forty five fifty something like that, And we got off

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Speaker 5: the plane and it was a dollar ninety seven. And

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Speaker 5: I told her to fill up before she left, and

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Speaker 5: I get mad anxiety.

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Speaker 3: When Jess's like, oh, drive, I'm like, no, you will

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Speaker 3: not absolutely not all right. I have a very wholesome

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Speaker 3: money win. Oh no, I don't nuns yours.

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Speaker 5: I have a wholesome money win from Rachel, and she

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Speaker 5: steal my stuff money win. I stole it because I

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Speaker 5: really really liked this one rude. It says, my super

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Speaker 5: talented girlfriend is showing me some cute outfits for Falls

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Speaker 5: festival instead of me spending heaps of money on new ones.

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Speaker 6: Bonus win.

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Speaker 5: She uses mostly recycled and reclaimed fabrics from op shops,

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Speaker 5: so it's a win for the environment too. And I

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Speaker 5: was just imagining her coming up with like these really

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Speaker 5: fun fancy outfits for Falls, because people wear really crazy

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Speaker 5: cute fun festival things, and drawing it up and then

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Speaker 5: her go friend like sewing away like Cinderella's little Mice,

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Speaker 5: and then in the morning the outfits just waiting on

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Speaker 5: the table. I made a whole narrative in my head

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Speaker 5: for this, That's what I love.

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Speaker 3: Took it off me. Also, Cylinderella is mice didn't consent

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Speaker 3: to that. The flip story of this is like Rachel's girlfriend,

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Speaker 3: did she consent to this? Or is she now up

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Speaker 3: to like midnight every night when she's got a nine

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Speaker 3: to five sewing these outfits that she doesn't even think of,

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Speaker 3: that cute slave labor.

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Speaker 6: And that's that on being in love, all right.

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Speaker 2: So my next money, when it is from Melissa.

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Speaker 3: I don't know if I've got a cool thirty thousand

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Speaker 3: dollars that I can tip into this myself, but she said,

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Speaker 3: I sold a car for one hundred thousand dollars that

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Speaker 3: I paid thirty thousand dollars for. As much as I'll

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Speaker 3: miss it, it will be a heap of fun. I've

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Speaker 3: already got another Honda to buy that replaces it, and

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Speaker 3: I already have two other cars as run arounds needs too.

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Speaker 3: Maybe Chess, maybe she runs all of her cars out

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Speaker 3: of petrol as well. She says, it's not really a recommendation,

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Speaker 3: but I've been buying old Japanese cars and flipping them,

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Speaker 3: so I recommend other people do two and then get

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Speaker 3: it valued because you can raise your insurance as well.

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Speaker 2: And no one's gonna like that, but I did. I

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Speaker 2: just thought it was real fun.

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Speaker 5: That's a huge amount of money, So that's it. What's now.

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Speaker 5: I have absolutely no talent.

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Speaker 3: All I'm good at is like ripping my rims apart

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Speaker 3: when I go to park and like, what are they

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Speaker 3: made for if not telling me that I'm at the curb.

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Speaker 5: I don't know why they don't make them more sturdy,

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Speaker 5: because let's be honest, everybody's done it, and they're made

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Speaker 5: of like mine fell off once.

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Speaker 6: Because I hit the curb.

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Speaker 2: You were parking smartly, they fell off.

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Speaker 5: And they were like this thin, and I was like,

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Speaker 5: why are these not made of like steal or something

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Speaker 5: that's like a little sturdier.

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Speaker 3: Honestly, I'm convinced if they didn't want them to get scratched,

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Speaker 3: they'd be further set back. So they are obviously in

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Speaker 3: existence to make sure that I am a good parker.

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Speaker 5: And she's gonna live by that statement. My last money

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Speaker 5: wh is from Megan, and she said, we went to

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Speaker 5: dinner on Friday night with my partner. We decided to

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Speaker 5: get gelato afterwards, and the store was doing buy one,

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Speaker 5: get one free, and that is my dream and that's

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Speaker 5: why I picked it as my last money win because

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Speaker 5: I feel like, that's so good free ice cream.

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Speaker 3: You're like ten out of ten, buy one, get one free.

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Speaker 3: Her favorite money win wasn't going to Disney World on Victoria,

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Speaker 3: Like what, Okay, no worries it has as always been

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Speaker 3: great celebrating some of your budget direct money wins budget

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Speaker 3: Direct winner of Canctar's insurer if the year twenty twenty

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Speaker 3: to award Budget Direct Insurance solved.

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Speaker 5: We have some fun listener questions that people want to

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Speaker 5: ask you, because turns out everybody who's here is just

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Speaker 5: as passionate as we are. So the first question that

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Speaker 5: we have is how involved in my investing journey do

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Speaker 5: I personally need to be very always?

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Speaker 2: Is that it always?

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Speaker 1: No?

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Speaker 3: It's an interesting question because it really depends on what

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Speaker 3: type of investment you're going to choose, right And I

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Speaker 3: talk about this on the podcast, and recently we have

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Speaker 3: done have they.

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Speaker 2: Come out yet? The passive Investing episode? Is that out?

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Speaker 6: I don't know one of them is.

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Speaker 3: When one of them is, someone's nodding, it means it's out.

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Speaker 3: You're better at my show than I am, thank you.

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Speaker 3: So we're doing like passive versus active investing. And I

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Speaker 3: really I actually just a sidestep for a second. I

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Speaker 3: cannot believe how excited and hungry our community are for

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Speaker 3: investing content. Like I thought I would just explain the concepts,

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Speaker 3: and now people are emailing and they're like, can you

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Speaker 3: do a strategy like can you do an entire podcast

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Speaker 3: on this particular you know asset class or can you

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Speaker 3: do a particular podcast on the way you do xyzx?

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Speaker 3: And it just it blows my mind because it makes

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Speaker 3: me so damn proud because I'm like, oh, I know

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Speaker 3: that because I'm a financial advisor, but also I just

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Speaker 3: didn't think people cared and I do. So how involved

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Speaker 3: you want to be really depends on the strategy you adopt,

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Speaker 3: and the strategy that you adopt is going to be

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Speaker 3: really based on your risk profile. And I talk about

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Speaker 3: this all the time on the podcast and all the

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Speaker 3: time in real life. My clients that are here tonight,

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Speaker 3: I'm sorry you've heard this all before, but it goes

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Speaker 3: back to your risk profile, because investing can become really

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Speaker 3: easy if you know what asset cliss works for you.

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Speaker 3: So if you're a really balanced investor, you're going to

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Speaker 3: maybe be less involved, Whereas if you're far more aggressive,

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Speaker 3: you're probably going to want to be more involved because

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Speaker 3: you're more invested in the share market. So it really depends.

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Speaker 3: I would say at the very beginning, it pays to

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Speaker 3: be very, very invested in your journey in understanding you,

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Speaker 3: in understanding your money story, in understanding why you want

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Speaker 3: to invest, because that's the thing that's going to keep

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Speaker 3: you invested for the long term, in making sure that

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Speaker 3: you are, you know, putting.

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Speaker 2: Yourself in the best possible position.

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Speaker 3: But if you want to invest in directions, well that's

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Speaker 3: a far more active strategy than going and investing in

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Speaker 3: an ETF. So I think it really depends on what

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Speaker 3: you want to be. But if you want to be

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Speaker 3: really hands off and you want to go put your

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Speaker 3: money in one asset class and have it managed by

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Speaker 3: someone else, like we talk about six Park on the

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Speaker 3: show all the time. That's a robo advice platform where

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Speaker 3: you just transfer your money they're going to do all

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Speaker 3: of the hard work for you.

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Speaker 2: That's a money win.

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Speaker 3: If you don't want to be super super involved, but

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Speaker 3: you want professional assistance. Whereas someone like me, I'm quite controlling,

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Speaker 3: and I love being a part of a passive strategy

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Speaker 3: because I know that I can be quite impulsive, but

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Speaker 3: I'm really aware of that. So I have what's called

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Speaker 3: a core satellite approach where I have my core portfolio

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Speaker 3: and that's quite passive, and I have other people manage

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Speaker 3: that because I can't be trusted.

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Speaker 2: And then I have this satellite.

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Speaker 3: Of different shares that I personally am really excited in

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Speaker 3: and I invest in and follow so I know that

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Speaker 3: the risks I'm making there aren't impacting my future wealth.

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Speaker 3: But I can kind of employ both a passive and

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Speaker 3: an active strategy that makes the most sense for us.

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Speaker 2: Does that answer the question?

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Speaker 6: Yeah?

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Speaker 5: Absolutely, In terms of being hands off, at what point

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Speaker 5: do people look at advisors as well? Because I feel

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Speaker 5: like that's a chance for you to be relatively hands

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Speaker 5: off while still being involved, because, as you know, advisors

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Speaker 5: do have to keep in the loop. They can't just

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Speaker 5: do something without asking.

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Speaker 3: Yeah, I've been doing a lot of CPD this week

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Speaker 3: and justice like why. So it really depends. To be honest,

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Speaker 3: I would say that it's not just passive when you

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Speaker 3: go to a financial advisor. I have clients on both

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Speaker 3: ends of the spectrum. I have clients in light victoria.

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Speaker 3: I trust you do whatever you want, and you know what,

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Speaker 3: I actually don't like that, and I don't like it

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Speaker 3: because as much as you trust me, and that is beautiful,

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Speaker 3: thank you, I also want you to be completely aware

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Speaker 3: of absolutely everything that you are involved in. I want

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Speaker 3: you to be so understanding of the market ebbs and flows.

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Speaker 3: So when something does happen, you go yes because Victoria

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Speaker 3: said it went ABC and D. So in the establishment part,

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Speaker 3: I would say active is really important, but yeah, you

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Speaker 3: can kind of leave it to the pros. I would argue,

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Speaker 3: because financial advice can be cost prohibitive for a lot

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Speaker 3: of people, that it's really based on your values. It

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Speaker 3: is really based on how much you want to get

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Speaker 3: out of your financial journey. I mean, a lot of

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Speaker 3: us can do it ourselves, and a lot of our

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Speaker 3: community do absolutely support that. But if you're really struggling

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Speaker 3: with it, or you've come into a really large sum

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Speaker 3: of money, or you know you've been investing for a

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Speaker 3: few years and want to take it to a level

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Speaker 3: that you just can't seem to grasp yourself, I think

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Speaker 3: it would be worth it, but you really do have

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Speaker 3: to weigh up the costs of it, and if it's

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Speaker 3: investment only, So if you want to go see a

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Speaker 3: financial advisor, you can see them in a million different ways, right,

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Speaker 3: So you could go see them just for insurance. And

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Speaker 3: our friend Phil Thompson, who is here tonight, maybe he's

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Speaker 3: here tonight if he's not that's kind of sucky.

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Speaker 4: What a guy.

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Speaker 3: Anyway, he is our insurance specialist for our community, and

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Speaker 3: anytime someone has an insurance question, I'm like, look, go

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Speaker 3: to feel he does it twenty four to seven. In fact,

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Speaker 3: I've gotten to a point in my business where I

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Speaker 3: send my clients to do insurance with him and then

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Speaker 3: back to me for investment because that's what I invest at.

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Speaker 3: Or you could go see a financial advisor who does

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Speaker 3: it all and they are what's called a holistic financial advisor.

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Speaker 3: Or you could just go for investment advice, and it

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Speaker 3: really depends on what you want as to how much

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Speaker 3: it's going to cost. But if you're going just for

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Speaker 3: investment advice, there's a plethora of different options out there.

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Speaker 3: There's robo advice, there's you know DII platforms, there's microinvesting platforms,

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Speaker 3: there's you know, managed funds. There's so many options that

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Speaker 3: you can engage in as an individual. But when it

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Speaker 3: comes to stuff like insurance and superannuation, if I'm being

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Speaker 3: brutally honest, and some people aren't gonna like me saying

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Speaker 3: this when they listen to the pod, because I think

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Speaker 3: everyone in the community is going to understand. I just

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Speaker 3: don't think technology is at a point yet where insurance

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Speaker 3: and superanuation can be done via an app or Buya

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Speaker 3: a robo advisor. The algorithms don't take into control personal values,

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Speaker 3: whereas with investment, personal values get decided before you choose

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Speaker 3: your investment assets and the way that it's managed, so

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Speaker 3: that can be automated. But it comes down to your

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Speaker 3: will when it comes down to how much life insurance

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Speaker 3: you want. As much as I could calculate it for you, Jess,

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Speaker 3: it's not going to be perfect because I don't know

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Speaker 3: what your thoughts, feelings, and legacy are and I don't

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Speaker 3: think a robot understands that. So ah, I guess I've

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Speaker 3: gone on a little bit of a tangent because that's

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Speaker 3: me and I love talking about this.

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Speaker 2: But yeah, I just think it depends.

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Speaker 6: I like that. It's a very good answer.

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Speaker 5: The next question that we have is is it worth

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Speaker 5: micro investing at the same time as having a portfolio.

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Speaker 5: And I thought this question was really interesting because if

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Speaker 5: you're in micro investing, do you not inherently have a

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Speaker 5: portfolio that exists?

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Speaker 4: Yes?

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Speaker 2: Would you micro invest and proper invest at the same time? Yeah,

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Speaker 2: I do.

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Speaker 5: I have a spaceship account, which I know a lot

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Speaker 5: of the people in our community have, which is you know,

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Speaker 5: it's all kind of looked after for me.

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Speaker 6: And that's where I started.

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Speaker 5: And then, like you said, I graduated to shares these

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Speaker 5: and that's where I pick my individual stocks and my

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Speaker 5: shares that I want to invest in. And I've kept

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Speaker 5: them both partly because my spaceship is very in the

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Speaker 5: red right now and it would not be a great

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Speaker 5: time for me to sell that down in my opinion,

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Speaker 5: not personal advice, but also just because it's kind of

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Speaker 5: nice having something that just ticks a without a whole

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Speaker 5: lot of thought, and you can have things like the

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Speaker 5: auto invest or the round up feature on that makes

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Speaker 5: it really easy and those small amounts really add up

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Speaker 5: over the long term.

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Speaker 3: So you don't even need me. There's your answer. It

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Speaker 3: is true, right, like you don't have to just engage

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Speaker 3: with one platform. I would argue you need to weigh

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Speaker 3: up the cost of investing on multiple platforms because with

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Speaker 3: multiple platforms comes multiple fees. However, they all engage you

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Speaker 3: in different ways, and most micro investing platforms have really

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Speaker 3: low fees but very high engagement levels. And I would

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Speaker 3: say that with the high engagement levels, even though you're

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Speaker 3: in the red, which at the moment, like we've talked

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Speaker 3: about it on the pod, guys, you know we're in

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Speaker 3: a bear market.

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Speaker 2: We're twenty percent down.

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Speaker 3: If your investment portfolio is in the red, that makes

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Speaker 3: sense because the rest of the market is as well.

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Speaker 3: So if you're investing, you're probably caring a little bit

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Speaker 3: more about your micro investing platform because it's so accessible

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Speaker 3: on your phone. It's an app, like you can just

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Speaker 3: log in while you're on the train or the tram.

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Speaker 3: I do it in bed at night and like I

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Speaker 3: put a candy crush and look at my invest It's

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Speaker 3: real cool, like hot girl shit.

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Speaker 2: I also watch tiktoks. Yeah, yeah, a lot of tiktoks.

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Speaker 5: As someone who has slept next to you many times

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Speaker 5: in separate beds, but many times I can confirm she

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Speaker 5: does that and then when it's time to go to bed,

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Speaker 5: she puts on a nice soothing murder podcast.

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Speaker 2: I actually do and just had to tell me to

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Speaker 2: turn it off.

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Speaker 6: The other night.

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Speaker 3: She was like, do we have to listen to murder?

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Speaker 3: You give me nightmares? And I was like, oh, sorry, sorry,

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Speaker 3: but murder podcasts can recommend morbid the podcast if you

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Speaker 3: want them really gory, awful stories to go to bed.

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Speaker 6: With, which I do not.

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Speaker 3: For the requestion, let's talk about investment. I think when

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Speaker 3: it comes to microinvesting, as I said before, it keeps

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Speaker 3: you engaged, like I still micro invest even though I

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Speaker 3: have these other investment platforms, and the fees aren't really

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Speaker 3: my concern, purely because I like how engaged with the

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Speaker 3: platform I am. I like that I do the roundups,

441
00:19:55,240 --> 00:19:57,200
Speaker 3: and I feel like I save a lot more with it.

442
00:19:57,280 --> 00:19:59,240
Speaker 3: I do get to a certain point on my micro

443
00:19:59,320 --> 00:20:02,919
Speaker 3: investing platform and transfer it over because I'm cheap and

444
00:20:02,960 --> 00:20:04,399
Speaker 3: I don't want to get to the point where they

445
00:20:04,480 --> 00:20:06,320
Speaker 3: charge me more fees, so I chuck it into my

446
00:20:06,359 --> 00:20:09,120
Speaker 3: bigger account, and then I kind of have these mini

447
00:20:09,160 --> 00:20:11,199
Speaker 3: goals of getting to one thousand dollars or getting to

448
00:20:11,200 --> 00:20:14,000
Speaker 3: two thousand dollars depending on which platform it is as

449
00:20:14,040 --> 00:20:15,360
Speaker 3: to when I transfer.

450
00:20:14,920 --> 00:20:16,480
Speaker 2: It, and I'm kind of like, oh, how quickly can

451
00:20:16,480 --> 00:20:17,040
Speaker 2: I get there?

452
00:20:17,119 --> 00:20:19,280
Speaker 3: Like what if I put five dollars a day here

453
00:20:19,359 --> 00:20:20,640
Speaker 3: instead of getting coffee?

454
00:20:21,040 --> 00:20:22,680
Speaker 2: Like I just play with it a little.

455
00:20:22,440 --> 00:20:25,320
Speaker 3: Bit more, And I think that that's actually really positive

456
00:20:25,359 --> 00:20:28,600
Speaker 3: in this space. And even if you're only micro investing.

457
00:20:28,720 --> 00:20:32,360
Speaker 3: I've heard so many people say, especially recently, they're like, oh,

458
00:20:32,440 --> 00:20:35,320
Speaker 3: is it worth it? Like I'm just microinvesting. Like, yes,

459
00:20:35,359 --> 00:20:38,640
Speaker 3: you're exposing yourself to the market. Market exposure is not

460
00:20:38,720 --> 00:20:42,800
Speaker 3: just good because it's you going and investing and getting

461
00:20:42,800 --> 00:20:45,080
Speaker 3: a return, because obviously we're all investing so that we

462
00:20:45,119 --> 00:20:48,400
Speaker 3: can make use of compound interests, right, But it's not

463
00:20:48,560 --> 00:20:51,679
Speaker 3: just about getting that compound interest. It's exposing you to

464
00:20:51,720 --> 00:20:54,919
Speaker 3: the market so that when something happens, you're comfortable with it.

465
00:20:55,240 --> 00:20:58,040
Speaker 3: And if it's five dollars a day, or five dollars

466
00:20:58,080 --> 00:21:00,159
Speaker 3: a week, or five dollars a month, or even a

467
00:21:00,200 --> 00:21:02,439
Speaker 3: dollar a month, because that's what you can afford at

468
00:21:02,480 --> 00:21:05,919
Speaker 3: this point. I think that's really really positive because in

469
00:21:05,960 --> 00:21:08,960
Speaker 3: the future, one day you will invest more and you

470
00:21:08,960 --> 00:21:12,119
Speaker 3: would have already experienced the ebbs and flows. And I

471
00:21:12,160 --> 00:21:14,640
Speaker 3: think that there's just this really big misconception that when

472
00:21:14,640 --> 00:21:17,480
Speaker 3: you start your investment journey, you really need to put

473
00:21:17,520 --> 00:21:20,160
Speaker 3: in your life savings or put in so much money

474
00:21:20,160 --> 00:21:23,160
Speaker 3: that a quote makes sense like, that's not the way

475
00:21:23,359 --> 00:21:26,080
Speaker 3: investment works. I think small steps in the right direction

476
00:21:26,240 --> 00:21:28,359
Speaker 3: are what we want to be doing, because it puts

477
00:21:28,440 --> 00:21:30,159
Speaker 3: us in the best possible position.

478
00:21:30,320 --> 00:21:32,240
Speaker 2: So would I do both? Yes, because what I do,

479
00:21:32,320 --> 00:21:33,240
Speaker 2: I suppose.

480
00:21:33,040 --> 00:21:35,159
Speaker 5: I love that and I can see us getting the

481
00:21:35,200 --> 00:21:36,959
Speaker 5: eyes because we're getting close to time. But I have

482
00:21:36,960 --> 00:21:38,760
Speaker 5: one more question that I wanted to ask you before

483
00:21:38,760 --> 00:21:41,920
Speaker 5: we headed off, which is, while we know that investments

484
00:21:42,000 --> 00:21:43,360
Speaker 5: should generally be kept.

485
00:21:43,119 --> 00:21:45,520
Speaker 6: Over the long term, again not personal advice.

486
00:21:45,480 --> 00:21:48,119
Speaker 5: That people want to know when it comes time to

487
00:21:48,240 --> 00:21:50,560
Speaker 5: sell your portfolio, if it's the right time for you,

488
00:21:50,720 --> 00:21:52,280
Speaker 5: what things do we need to be keeping in mind.

489
00:21:52,440 --> 00:21:56,200
Speaker 3: Capital gains tax, I think is really important and something

490
00:21:56,240 --> 00:21:58,200
Speaker 3: that we forget we need to pay because we talk

491
00:21:58,240 --> 00:22:00,640
Speaker 3: about tax in general, and you think you already paid

492
00:22:00,640 --> 00:22:03,560
Speaker 3: it on the money that you put into the market.

493
00:22:03,560 --> 00:22:05,879
Speaker 3: But capital gains tax is a tax you pay on

494
00:22:05,920 --> 00:22:07,439
Speaker 3: the profit that you make. So if you made a

495
00:22:07,480 --> 00:22:09,920
Speaker 3: dollar and you are at a tax rate of thirty

496
00:22:09,960 --> 00:22:11,680
Speaker 3: two and a half percent, you have to pay thirty

497
00:22:11,680 --> 00:22:14,280
Speaker 3: two and a half cents to the tax man when

498
00:22:14,320 --> 00:22:17,440
Speaker 3: you pull that money out for every dollar, for every

499
00:22:17,440 --> 00:22:20,760
Speaker 3: single dollar I said, if you made one dollar, Like

500
00:22:20,840 --> 00:22:23,000
Speaker 3: I was just making it a really small example, Jessica,

501
00:22:23,560 --> 00:22:27,200
Speaker 3: but I think it's really important to take that into consideration.

502
00:22:27,480 --> 00:22:31,280
Speaker 3: But also, remember it does get complicated. Remember that losses

503
00:22:31,320 --> 00:22:33,480
Speaker 3: can be carried forward, So if you've had a loss

504
00:22:33,520 --> 00:22:35,720
Speaker 3: over a few years, you can carry those forwards so

505
00:22:35,760 --> 00:22:37,360
Speaker 3: that when you do have a capital gain, it kind

506
00:22:37,359 --> 00:22:39,439
Speaker 3: of balances out. So the best thing you can do

507
00:22:39,480 --> 00:22:43,280
Speaker 3: if you are planning on selling is talk to your accountant,

508
00:22:43,760 --> 00:22:46,119
Speaker 3: and that is not nearly as expensive as talking to

509
00:22:46,119 --> 00:22:48,560
Speaker 3: a financial advisor, I promise, because you'll just say, what

510
00:22:48,560 --> 00:22:50,879
Speaker 3: are the tax implications of me making this decision? And

511
00:22:50,920 --> 00:22:53,400
Speaker 3: they'll say one hundred and twenty dollars, please, sir. And

512
00:22:53,640 --> 00:22:58,119
Speaker 3: that is a really good example of a good investment,

513
00:22:58,280 --> 00:23:00,400
Speaker 3: because you could go, I just want to sell because

514
00:23:00,400 --> 00:23:01,880
Speaker 3: I'm just not feeling it anymore.

515
00:23:02,000 --> 00:23:03,800
Speaker 2: That's cool, But do you want to be.

516
00:23:03,800 --> 00:23:06,720
Speaker 3: Up for a couple of thousand dollars completely unexpectedly?

517
00:23:06,880 --> 00:23:07,480
Speaker 2: Probably not.

518
00:23:08,359 --> 00:23:10,680
Speaker 3: The other thing I would take into consideration as buying

519
00:23:10,720 --> 00:23:15,000
Speaker 3: and trading in really short periods of time because capital

520
00:23:15,000 --> 00:23:20,480
Speaker 3: gains tax is taxed at your marginal tax rate. However,

521
00:23:20,840 --> 00:23:23,800
Speaker 3: if you buy and sell it within twelve months, So

522
00:23:23,840 --> 00:23:26,919
Speaker 3: say you went and bought some ethereum or bitcoin a

523
00:23:26,960 --> 00:23:28,680
Speaker 3: month ago, that was a.

524
00:23:28,640 --> 00:23:29,720
Speaker 4: Sad time to buy.

525
00:23:30,640 --> 00:23:32,560
Speaker 3: But let's pretend you didn't it did really well and

526
00:23:32,560 --> 00:23:34,159
Speaker 3: you were like, oh my gosh, yess I made so

527
00:23:34,320 --> 00:23:37,080
Speaker 3: much money on crypto, and then you sold it, you

528
00:23:37,160 --> 00:23:40,040
Speaker 3: actually had fifty percent capital gains tax because it's in

529
00:23:40,080 --> 00:23:43,040
Speaker 3: a twelve month period instead of your marginal tax rate.

530
00:23:43,400 --> 00:23:46,840
Speaker 3: So it's really important to remember time in the market,

531
00:23:46,960 --> 00:23:50,440
Speaker 3: but also making sure that tax is taken into consideration,

532
00:23:50,480 --> 00:23:52,960
Speaker 3: because I've seen it in our community where people are like, oh,

533
00:23:53,000 --> 00:23:54,840
Speaker 3: I did this, and then I sold this, and then

534
00:23:55,359 --> 00:23:57,160
Speaker 3: it got to tax time and I owed so much

535
00:23:57,160 --> 00:23:57,919
Speaker 3: and I just didn't.

536
00:23:57,960 --> 00:23:58,600
Speaker 2: I don't get it.

537
00:23:58,680 --> 00:24:01,280
Speaker 3: Why did I have this? And it's something that kind

538
00:24:01,320 --> 00:24:03,879
Speaker 3: of creeps up on you. So there are tax implications

539
00:24:04,200 --> 00:24:07,040
Speaker 3: of investing, but the important thing to remember there is

540
00:24:07,200 --> 00:24:10,480
Speaker 3: actually that if you're paying tax, you're making money.

541
00:24:10,520 --> 00:24:11,080
Speaker 4: And we like that.

542
00:24:11,400 --> 00:24:14,120
Speaker 3: We like paying tax, but we only like paying tax

543
00:24:14,160 --> 00:24:16,600
Speaker 3: when it makes sense for us. We don't like surprise tax.

544
00:24:16,680 --> 00:24:20,199
Speaker 3: So avoid surprise tax, but keep paying your tax. Is

545
00:24:20,240 --> 00:24:20,920
Speaker 3: that good advice?

546
00:24:21,520 --> 00:24:22,959
Speaker 5: I feel like it is, And if it's not, I'm

547
00:24:22,960 --> 00:24:24,360
Speaker 5: sure Asik will tell us otherwise.

548
00:24:28,400 --> 00:24:31,320
Speaker 3: Do you know if I like breached my license? We

549
00:24:31,359 --> 00:24:32,800
Speaker 3: talk about this all the time, that you know, if

550
00:24:32,880 --> 00:24:36,199
Speaker 3: influencers being held account to exactly the same standard as

551
00:24:36,359 --> 00:24:39,320
Speaker 3: financial advisors, and people like, what does that mean, guys?

552
00:24:39,320 --> 00:24:41,240
Speaker 3: It means five years in jail and a million dollars.

553
00:24:41,240 --> 00:24:43,119
Speaker 3: I don't have a million dollars, nor do I have

554
00:24:43,200 --> 00:24:46,480
Speaker 3: five years to waste in jail. I could listen to

555
00:24:46,480 --> 00:24:48,199
Speaker 3: a lot of murder podcasts. I could probably make a

556
00:24:48,200 --> 00:24:49,280
Speaker 3: lot of murder podcasts.

557
00:24:49,359 --> 00:24:51,400
Speaker 2: Maybe it is a good idea.

558
00:24:51,560 --> 00:24:54,360
Speaker 6: I like some really good podcast guests in there.

559
00:24:54,400 --> 00:24:57,439
Speaker 3: All right, we are getting what it would be a

560
00:24:57,480 --> 00:24:59,720
Speaker 3: great idea from behind the bus.

561
00:25:00,160 --> 00:25:03,919
Speaker 2: She's in jail. Great, I love it.

562
00:25:03,920 --> 00:25:05,880
Speaker 3: All right, Well, we're getting the eyes from the side

563
00:25:05,880 --> 00:25:08,120
Speaker 3: of stage, so we are going to take a very

564
00:25:08,240 --> 00:25:10,160
Speaker 3: short twenty minute break. It is your time to get

565
00:25:10,200 --> 00:25:12,800
Speaker 3: a glass of rose, because when we get back on stage,

566
00:25:12,800 --> 00:25:14,720
Speaker 3: we are going to be having a glass of champagne

567
00:25:14,720 --> 00:25:16,439
Speaker 3: with our very special guest.

568
00:25:16,760 --> 00:25:18,560
Speaker 2: You guys can all grab a wine.

569
00:25:19,160 --> 00:25:19,800
Speaker 6: Will we're back.

570
00:25:26,640 --> 00:25:29,199
Speaker 3: I am very excited. I hope that you guys have

571
00:25:29,280 --> 00:25:29,920
Speaker 3: all had time.

572
00:25:30,080 --> 00:25:31,480
Speaker 2: She's taking a picture of my book.

573
00:25:31,560 --> 00:25:35,920
Speaker 6: Guys, should we smile of me too?

574
00:25:36,760 --> 00:25:38,240
Speaker 3: I hope you guys have all had time to pick

575
00:25:38,280 --> 00:25:41,720
Speaker 3: up a rose and obviously pick up a book. Well,

576
00:25:41,760 --> 00:25:44,080
Speaker 3: I think that we will get straight back into it

577
00:25:44,119 --> 00:25:47,640
Speaker 3: and introduce our special guest, Jessica. You've got the ramp.

578
00:25:47,840 --> 00:25:48,680
Speaker 3: Tell us about her.

579
00:25:48,920 --> 00:25:52,560
Speaker 5: Our guest is absolutely incredible. Her name is Victoria Latow.

580
00:25:52,760 --> 00:25:57,119
Speaker 5: She is one of Australia's most influential fashion commentators and creators.

581
00:25:57,480 --> 00:26:00,800
Speaker 5: After kicking off her media career in LA which included

582
00:26:00,880 --> 00:26:04,840
Speaker 5: a very fancy roll at MTV, Victoria began her online platform,

583
00:26:04,920 --> 00:26:08,520
Speaker 5: Talking Shop, which is a bold, modern lifestyle online brand

584
00:26:08,560 --> 00:26:12,400
Speaker 5: for the millennial woman, covering topics such as fashion, beauty, lifestyle,

585
00:26:12,520 --> 00:26:16,040
Speaker 5: motherhood and wellness. She's an advocate for diversity within the

586
00:26:16,040 --> 00:26:19,200
Speaker 5: fashion industry and helps to promote confidence in women across

587
00:26:19,240 --> 00:26:22,240
Speaker 5: the nation through how they style and create their signature looks.

588
00:26:22,280 --> 00:26:25,480
Speaker 6: And she looks bomb tonight. She looks stunning.

589
00:26:25,680 --> 00:26:27,640
Speaker 3: I thought I was fashion. I was like, I'm gonna

590
00:26:27,680 --> 00:26:29,399
Speaker 3: wear this white dress and just looks like texting it.

591
00:26:29,400 --> 00:26:30,879
Speaker 3: I'm gonna wear the peach dress and it's like, so

592
00:26:31,000 --> 00:26:33,480
Speaker 3: she's on the money and this woman she trumps us.

593
00:26:33,520 --> 00:26:34,360
Speaker 3: So let's have.

594
00:26:34,400 --> 00:26:47,439
Speaker 2: A very warm welcome for Victoria Letto. Welcome to the show.

595
00:26:47,560 --> 00:26:49,720
Speaker 4: Victoria, thank you so much.

596
00:26:49,840 --> 00:26:52,399
Speaker 7: You know, the thing about me is this is the

597
00:26:52,440 --> 00:26:55,680
Speaker 7: first time I'm actually ever doing a podcast, and you

598
00:26:55,760 --> 00:26:58,320
Speaker 7: gotta do it live in front of five hundred people.

599
00:26:59,320 --> 00:27:01,800
Speaker 3: No pressure, I have no pressure at all. Well, thanks

600
00:27:01,800 --> 00:27:05,400
Speaker 3: for joining us. We are genuinely so excited to have you.

601
00:27:06,080 --> 00:27:08,680
Speaker 3: As always, whenever we have a special guest on the show,

602
00:27:08,760 --> 00:27:10,720
Speaker 3: we need to kick it off with a recent money

603
00:27:10,760 --> 00:27:11,760
Speaker 3: win or a confession.

604
00:27:11,960 --> 00:27:13,080
Speaker 2: What have you got for us?

605
00:27:13,840 --> 00:27:14,800
Speaker 4: A money win?

606
00:27:15,280 --> 00:27:19,600
Speaker 7: Okay, I actually invested in crypto and I want some money. Well,

607
00:27:19,680 --> 00:27:22,719
Speaker 7: I say one because it was more like gambling than investing.

608
00:27:23,880 --> 00:27:26,560
Speaker 7: But I'm so proud to say, were you bagging crypto?

609
00:27:26,800 --> 00:27:30,840
Speaker 7: Just that was really some money, not a lot, but

610
00:27:30,960 --> 00:27:32,160
Speaker 7: I actually did.

611
00:27:32,480 --> 00:27:33,240
Speaker 2: Did you sell it?

612
00:27:33,800 --> 00:27:36,640
Speaker 4: I held it for about eight months.

613
00:27:36,520 --> 00:27:38,480
Speaker 2: For fun, with that couple of gains tax.

614
00:27:39,000 --> 00:27:40,680
Speaker 7: I know when you were saying that, but it wasn't

615
00:27:40,720 --> 00:27:43,399
Speaker 7: a big amount of money, so I don't think it

616
00:27:43,440 --> 00:27:44,000
Speaker 7: doesn't matter.

617
00:27:44,040 --> 00:27:45,960
Speaker 4: But the fact is I made my money.

618
00:27:46,160 --> 00:27:48,359
Speaker 2: Yeah money win ten out of ten win love.

619
00:27:48,280 --> 00:27:52,000
Speaker 4: Making money, So that was my big money win. Is

620
00:27:52,000 --> 00:27:52,640
Speaker 4: that what we took?

621
00:27:53,000 --> 00:27:53,040
Speaker 1: That?

622
00:27:53,320 --> 00:27:54,320
Speaker 2: That is perfect?

623
00:27:54,480 --> 00:27:57,040
Speaker 7: But I also have to say, you're obviously with the

624
00:27:57,800 --> 00:28:01,119
Speaker 7: investing your risk take up, and it makes sense because

625
00:28:01,200 --> 00:28:04,520
Speaker 7: you go to bed listening to murder podcasts.

626
00:28:05,480 --> 00:28:07,840
Speaker 3: I'm actually a little bit sad that that's come out publicly.

627
00:28:07,960 --> 00:28:10,040
Speaker 3: Like I don't think it's not public knowledge that I

628
00:28:10,080 --> 00:28:11,919
Speaker 3: listen to murder podcasts, but the fact that I go

629
00:28:12,000 --> 00:28:16,119
Speaker 3: to sleep, but it does says to the creepy like

630
00:28:16,200 --> 00:28:18,760
Speaker 3: it's just like, oh, that's how she switches off.

631
00:28:19,119 --> 00:28:20,359
Speaker 2: That's a different breed.

632
00:28:21,840 --> 00:28:24,600
Speaker 7: No, that says a lot about your psyche because I

633
00:28:24,640 --> 00:28:27,760
Speaker 7: am the complete opposite in when it comes to investing,

634
00:28:27,880 --> 00:28:29,840
Speaker 7: I'm like, this is actually going to be fun.

635
00:28:29,880 --> 00:28:32,480
Speaker 4: So when you're going to ask me investing questions.

636
00:28:32,280 --> 00:28:35,879
Speaker 7: Because I'm more like a mum and pop investor, you know,

637
00:28:36,040 --> 00:28:38,960
Speaker 7: all this shit saying that out the that I have

638
00:28:39,120 --> 00:28:41,560
Speaker 7: made some good investments but in.

639
00:28:41,480 --> 00:28:45,040
Speaker 4: Your own fit, Yeah no, not really my I.

640
00:28:44,960 --> 00:28:47,000
Speaker 2: Didn't feel like, no, no.

641
00:28:47,160 --> 00:28:50,200
Speaker 7: Fashion is not a good place to actually invest, but

642
00:28:50,440 --> 00:28:51,440
Speaker 7: real estate is.

643
00:28:52,200 --> 00:28:53,320
Speaker 4: So I don't know.

644
00:28:53,480 --> 00:28:56,080
Speaker 7: I think you have to have a lot of risk

645
00:28:56,520 --> 00:28:59,120
Speaker 7: taking abilities. I don't even know the actual word for

646
00:28:59,160 --> 00:29:01,680
Speaker 7: it to actually go to shares and stuff.

647
00:29:01,680 --> 00:29:02,320
Speaker 4: Am I wrong?

648
00:29:02,880 --> 00:29:03,120
Speaker 2: Yes?

649
00:29:03,120 --> 00:29:04,040
Speaker 4: And yes or no.

650
00:29:04,080 --> 00:29:06,360
Speaker 3: It's kind of like a spectrum. There are like, say

651
00:29:06,400 --> 00:29:09,240
Speaker 3: for shares and more risky shares, and it just really

652
00:29:09,280 --> 00:29:11,200
Speaker 3: depends on what your risk profile.

653
00:29:10,920 --> 00:29:17,600
Speaker 7: Okay, that's already risky, that's fun, anything to deal with.

654
00:29:18,040 --> 00:29:20,520
Speaker 5: Before we get into all the fun investing stuff. Victoria,

655
00:29:20,560 --> 00:29:22,320
Speaker 5: I'd love for you to tell us a little bit

656
00:29:22,320 --> 00:29:24,640
Speaker 5: more about you and what you do, because I think

657
00:29:24,680 --> 00:29:27,960
Speaker 5: you have such a fun background and I want everyone

658
00:29:27,960 --> 00:29:29,239
Speaker 5: else to know a little bit more about it.

659
00:29:29,680 --> 00:29:32,840
Speaker 7: Okay, I was thinking about this because it's so I'm

660
00:29:32,960 --> 00:29:36,600
Speaker 7: essentially what people call it slashy, which is what my

661
00:29:36,760 --> 00:29:39,880
Speaker 7: generation is known for doing multiple things. Bottom line is

662
00:29:40,000 --> 00:29:44,040
Speaker 7: I am a fashion editor, so I do a bit

663
00:29:44,080 --> 00:29:48,640
Speaker 7: of styling. Still I do, you know, style expert. I

664
00:29:48,680 --> 00:29:52,960
Speaker 7: do commentary on style, but for Channel ten and Studio ten,

665
00:29:53,040 --> 00:29:57,320
Speaker 7: I essentially edit fashion. And I think anybody on Instagram

666
00:29:57,480 --> 00:29:59,880
Speaker 7: or somebody that works on social media, with any so

667
00:30:00,200 --> 00:30:04,680
Speaker 7: of platform, you kind of have your own publication. So

668
00:30:05,000 --> 00:30:08,080
Speaker 7: since I work in style and I do work on

669
00:30:08,160 --> 00:30:10,920
Speaker 7: Instagram and with my social media presence as well as

670
00:30:11,280 --> 00:30:14,440
Speaker 7: television and media, I do kind of feel I edit

671
00:30:14,800 --> 00:30:17,360
Speaker 7: a publication and I treat it like that because I

672
00:30:17,400 --> 00:30:20,280
Speaker 7: have pillars of content. So if you come to my

673
00:30:20,400 --> 00:30:22,840
Speaker 7: page today, if you go on there, you'll see me

674
00:30:22,880 --> 00:30:27,640
Speaker 7: strutting in a leopard outfit. So that's my editorial. You're

675
00:30:27,680 --> 00:30:31,040
Speaker 7: just there for the looks of fashion. Some days you

676
00:30:31,160 --> 00:30:33,719
Speaker 7: come on and I tell you how to style, so

677
00:30:33,800 --> 00:30:36,920
Speaker 7: I teach you about trends and what's trending or how

678
00:30:36,920 --> 00:30:40,520
Speaker 7: it's style a particular piece. Other times I take you

679
00:30:40,600 --> 00:30:43,280
Speaker 7: shopping with me, and I think people actually love that

680
00:30:43,320 --> 00:30:46,080
Speaker 7: one because I do affordable brands, and I think most

681
00:30:46,080 --> 00:30:49,520
Speaker 7: people don't actually like going into store and digging and

682
00:30:49,520 --> 00:30:52,320
Speaker 7: seeing through all those things, so they would rather watch

683
00:30:52,360 --> 00:30:58,720
Speaker 7: somebody trying on all. So those are my different pillars.

684
00:30:58,720 --> 00:31:00,960
Speaker 7: And sometimes I throw in kids, but you know, they're

685
00:31:01,040 --> 00:31:02,400
Speaker 7: very hard to wrangle, so.

686
00:31:04,160 --> 00:31:07,440
Speaker 4: Very few and far between. Basically, so you're.

687
00:31:07,320 --> 00:31:09,080
Speaker 3: A woman that does it all. She also used to

688
00:31:09,120 --> 00:31:13,840
Speaker 3: work for MTV, Like are you kidding? I know what

689
00:31:13,960 --> 00:31:17,960
Speaker 3: you're about to do, and I'm about TV.

690
00:31:18,120 --> 00:31:20,040
Speaker 7: That is kind of what I used to put on

691
00:31:20,040 --> 00:31:22,040
Speaker 7: my resume to actually get more jobs.

692
00:31:22,080 --> 00:31:24,720
Speaker 4: I was what you call it glorified.

693
00:31:24,120 --> 00:31:28,840
Speaker 7: In turn, really waiting, does anybody remember MTV TRL or

694
00:31:29,000 --> 00:31:29,440
Speaker 7: my kind?

695
00:31:29,480 --> 00:31:31,600
Speaker 4: I'm still in my thirties, I'm not that old.

696
00:31:32,560 --> 00:31:36,560
Speaker 7: Yeah, So that and Channel V were the only things

697
00:31:36,760 --> 00:31:40,240
Speaker 7: available at that time apart from Channel ten, Channel seven,

698
00:31:40,360 --> 00:31:40,960
Speaker 7: Channel nine.

699
00:31:41,040 --> 00:31:43,920
Speaker 4: So if you actually ever thought of working in the media.

700
00:31:44,560 --> 00:31:46,560
Speaker 7: And I know you work at ten now, but MTV

701
00:31:46,640 --> 00:31:49,920
Speaker 7: and Channel V were the only places you could imagine

702
00:31:49,960 --> 00:31:53,239
Speaker 7: me fifteen years ago. Now everything's changed. But yeah, I

703
00:31:53,360 --> 00:31:57,160
Speaker 7: kind of was. I tried out, you know, maybe I

704
00:31:57,200 --> 00:31:59,760
Speaker 7: was on air like six times. It was like glorified

705
00:31:59,800 --> 00:32:02,520
Speaker 7: in But I tell everybody I got my start on

706
00:32:02,640 --> 00:32:03,720
Speaker 7: MTV TRL.

707
00:32:04,840 --> 00:32:08,000
Speaker 3: I think I'm having to tell everybody that because it's

708
00:32:08,040 --> 00:32:08,640
Speaker 3: the truth.

709
00:32:08,720 --> 00:32:11,240
Speaker 4: Don't downplay that a little bit of the truth.

710
00:32:11,320 --> 00:32:14,120
Speaker 3: Right, So, your relationship with your career history not as

711
00:32:14,240 --> 00:32:16,920
Speaker 3: positive as maybe your current relationship with money, which I

712
00:32:16,960 --> 00:32:19,680
Speaker 3: want to know about. Tell us what's your current relationship

713
00:32:19,720 --> 00:32:20,440
Speaker 3: with money about?

714
00:32:21,040 --> 00:32:24,680
Speaker 7: I would say I have a good relationship with money

715
00:32:24,840 --> 00:32:28,640
Speaker 7: because like with every relationship, oh my god, I'm going

716
00:32:28,680 --> 00:32:31,760
Speaker 7: to start I'm sounding like every time I grab a microphone,

717
00:32:31,800 --> 00:32:35,160
Speaker 7: I start sounding like Oprah because obviously I was raised

718
00:32:35,160 --> 00:32:38,000
Speaker 7: at that time where you got her advice. Now, I

719
00:32:38,040 --> 00:32:42,280
Speaker 7: think every relationship with money, with food, with clothes, whatever

720
00:32:42,520 --> 00:32:46,120
Speaker 7: is kind of directly reflected on the relationship you have

721
00:32:46,240 --> 00:32:50,360
Speaker 7: with yourself, which is the most important relationship basically, So

722
00:32:50,840 --> 00:32:53,400
Speaker 7: how much are you willing to back yourself, support yourself,

723
00:32:53,480 --> 00:32:55,760
Speaker 7: be there for yourself. So I think I've had a

724
00:32:55,840 --> 00:32:59,520
Speaker 7: few things go on with my life, and I think

725
00:32:59,520 --> 00:33:03,280
Speaker 7: I have a relationship with myself, Like I trust myself.

726
00:33:03,320 --> 00:33:05,720
Speaker 7: I know, like I'm not perfect by any means, but

727
00:33:05,760 --> 00:33:10,800
Speaker 7: I'll always back myself. So in that sense, I trust

728
00:33:10,880 --> 00:33:14,360
Speaker 7: myself more with money. If you know, what does that

729
00:33:14,400 --> 00:33:14,880
Speaker 7: make sense?

730
00:33:15,080 --> 00:33:17,280
Speaker 3: What does that look like though, like in your day

731
00:33:17,320 --> 00:33:20,160
Speaker 3: to day life? What does trusting yourself more with money

732
00:33:20,160 --> 00:33:20,560
Speaker 3: look like?

733
00:33:20,600 --> 00:33:21,880
Speaker 4: I know myself very much.

734
00:33:21,960 --> 00:33:25,480
Speaker 7: I know I don't go to bed listening to murder podcasts,

735
00:33:26,080 --> 00:33:29,560
Speaker 7: so I am very risk adverse.

736
00:33:29,960 --> 00:33:31,880
Speaker 4: I'm kind of a boring.

737
00:33:31,640 --> 00:33:34,320
Speaker 2: You can just do true crime like no one dies.

738
00:33:34,200 --> 00:33:36,960
Speaker 7: But I love it because it says a lot about

739
00:33:37,400 --> 00:33:39,920
Speaker 7: a person. I'm like completely the opposite. I need something

740
00:33:40,000 --> 00:33:43,880
Speaker 7: soothing and calming, and my investments need to be small.

741
00:33:43,960 --> 00:33:45,800
Speaker 7: I don't care if I don't make a big win

742
00:33:46,000 --> 00:33:48,160
Speaker 7: like some people would be like, I'm going to put

743
00:33:48,200 --> 00:33:50,480
Speaker 7: down a lot of money because I'm going to take

744
00:33:50,520 --> 00:33:54,680
Speaker 7: a chance at making a big amount back. Now I

745
00:33:54,760 --> 00:33:57,160
Speaker 7: say I had twenty thousand dollars to my name, I

746
00:33:57,160 --> 00:33:59,560
Speaker 7: would rather invest two thousand dollars.

747
00:34:00,240 --> 00:34:02,560
Speaker 4: Rule of thumb, never invest.

748
00:34:02,800 --> 00:34:06,120
Speaker 7: More than you can afford to lose, and what you

749
00:34:06,120 --> 00:34:08,840
Speaker 7: think you can afford to lose is obviously different for everybody.

750
00:34:09,200 --> 00:34:10,719
Speaker 4: So for me, even if.

751
00:34:10,640 --> 00:34:14,239
Speaker 7: I had twenty thousand dollars, I would personally not want

752
00:34:14,239 --> 00:34:15,400
Speaker 7: to lose more than let's.

753
00:34:15,160 --> 00:34:17,799
Speaker 4: Say four, okay four not two four.

754
00:34:18,280 --> 00:34:20,880
Speaker 3: But yeah, actually like using this example and you're like,

755
00:34:20,880 --> 00:34:21,839
Speaker 3: hold up, got to make it real.

756
00:34:22,000 --> 00:34:23,759
Speaker 7: I got to make it really I am because I'm

757
00:34:23,880 --> 00:34:27,040
Speaker 7: very Yeah, so I make small steps, but you're talking

758
00:34:27,040 --> 00:34:29,520
Speaker 7: about small steps. You encourage that, So that's kind of

759
00:34:29,520 --> 00:34:32,720
Speaker 7: how I am. So I listened to like classical music

760
00:34:32,760 --> 00:34:37,360
Speaker 7: before bed, and I know she's gonna grow up well balanced,

761
00:34:38,480 --> 00:34:40,560
Speaker 7: you know, just to like really calm down.

762
00:34:40,640 --> 00:34:45,840
Speaker 4: And that's literally how I invest slowly and but surely basically.

763
00:34:45,560 --> 00:34:47,640
Speaker 3: I'm so glad I have a podcast because otherwise I

764
00:34:47,640 --> 00:34:48,840
Speaker 3: would have been a serial killer.

765
00:34:50,600 --> 00:34:51,320
Speaker 4: So good.

766
00:34:52,120 --> 00:34:56,440
Speaker 5: Talking about investing. You mentioned crypto before, which is very fun.

767
00:34:56,640 --> 00:34:59,080
Speaker 5: Are you investing in anything else? And if you are,

768
00:34:59,120 --> 00:34:59,880
Speaker 5: what does that look like?

769
00:35:00,120 --> 00:35:02,880
Speaker 4: You just property? I am investing.

770
00:35:03,000 --> 00:35:06,000
Speaker 7: I think it might be maybe because I'm a child

771
00:35:06,040 --> 00:35:09,279
Speaker 7: of immigrants, and I think when we came here, the

772
00:35:09,320 --> 00:35:11,560
Speaker 7: biggest thing you could do is buy a piece of

773
00:35:11,600 --> 00:35:14,520
Speaker 7: property to you stake some ownership, and like, I think

774
00:35:14,560 --> 00:35:17,480
Speaker 7: my parents instilled that on me, so I started investing

775
00:35:17,560 --> 00:35:20,520
Speaker 7: property really young. It's just that now with the way

776
00:35:21,120 --> 00:35:24,160
Speaker 7: the market is, it's kind of it did pay off,

777
00:35:24,160 --> 00:35:26,239
Speaker 7: although you haven't said that. A few years ago, I

778
00:35:26,280 --> 00:35:28,400
Speaker 7: did buy a property that was a complete waste of

779
00:35:28,440 --> 00:35:28,960
Speaker 7: my time.

780
00:35:29,600 --> 00:35:32,960
Speaker 4: So it's not always a win if you go the property.

781
00:35:32,600 --> 00:35:35,759
Speaker 7: Route, basically, so you lose some of your win some.

782
00:35:36,280 --> 00:35:38,160
Speaker 7: That's what my investing looks like.

783
00:35:38,280 --> 00:35:38,720
Speaker 4: Property.

784
00:35:39,520 --> 00:35:42,359
Speaker 3: How did you decide property because you said before your

785
00:35:42,480 --> 00:35:46,320
Speaker 3: child of immigrants was not always in your financial future

786
00:35:46,480 --> 00:35:49,799
Speaker 3: because I feel like immigrants obviously coming to Australia that's

787
00:35:49,880 --> 00:35:52,000
Speaker 3: really challenging and I think a lot of them think

788
00:35:52,040 --> 00:35:57,120
Speaker 3: maybe properties are pipe dream there exactly Australia exactly. But

789
00:35:57,239 --> 00:35:59,200
Speaker 3: did you ever think that that would be you?

790
00:35:59,239 --> 00:36:02,239
Speaker 7: To be honest, I have to say this is completely

791
00:36:02,760 --> 00:36:05,920
Speaker 7: my mother. So she did everything and I remember the

792
00:36:05,960 --> 00:36:08,680
Speaker 7: only reason I actually could afford to buy property back

793
00:36:08,719 --> 00:36:10,520
Speaker 7: then is I did a panting I know, I pulled my

794
00:36:10,560 --> 00:36:12,839
Speaker 7: hair back, but I did a panting commercial.

795
00:36:13,080 --> 00:36:14,520
Speaker 4: I think fifteen.

796
00:36:14,239 --> 00:36:17,759
Speaker 7: Years ago that I was and that's time they used

797
00:36:17,800 --> 00:36:19,480
Speaker 7: to pay you big money and buy big money. I mean,

798
00:36:19,560 --> 00:36:22,520
Speaker 7: like I think they paid me fifteen grand for that camp.

799
00:36:22,600 --> 00:36:32,400
Speaker 7: I know money, yes, yeah.

800
00:36:30,440 --> 00:36:31,440
Speaker 2: For fifteen grand.

801
00:36:31,840 --> 00:36:35,000
Speaker 4: I know, you don't understand. I actually thought I had died.

802
00:36:35,200 --> 00:36:37,600
Speaker 7: I had never seen and I was so young, well

803
00:36:37,880 --> 00:36:41,560
Speaker 7: since I am eighteen now is probably three then, and

804
00:36:43,200 --> 00:36:46,359
Speaker 7: so I honestly thought, oh my god, I had never

805
00:36:46,400 --> 00:36:49,520
Speaker 7: seen that much money in my life. And instantly my

806
00:36:49,600 --> 00:36:52,120
Speaker 7: Mom's like, no way, this is going to go down

807
00:36:52,400 --> 00:36:56,759
Speaker 7: the crowber. So I got the first homeowner's grant and

808
00:36:56,880 --> 00:36:59,560
Speaker 7: with that and then I could buy something that was

809
00:36:59,600 --> 00:37:01,440
Speaker 7: like kind of property. I think I bought it for

810
00:37:01,640 --> 00:37:04,239
Speaker 7: almost it wasn't even three hundred thousand, but that was

811
00:37:04,280 --> 00:37:09,760
Speaker 7: a substantial kind of deposit and literally, no shit, that set.

812
00:37:09,560 --> 00:37:11,640
Speaker 4: Me up for everything.

813
00:37:12,280 --> 00:37:14,640
Speaker 6: You could leverage the equity exactly that.

814
00:37:14,800 --> 00:37:15,000
Speaker 4: You know.

815
00:37:15,200 --> 00:37:17,920
Speaker 7: I'm hopeful that with my kids we can do that.

816
00:37:17,960 --> 00:37:20,440
Speaker 7: I don't even think it's possible anymore, the way real

817
00:37:20,560 --> 00:37:24,080
Speaker 7: estate is going. But that genuinely gave me such a

818
00:37:24,160 --> 00:37:27,600
Speaker 7: boost and even the way I feel about myself having

819
00:37:27,640 --> 00:37:31,400
Speaker 7: that kind of you know, equity, kind of thing asset

820
00:37:31,680 --> 00:37:34,520
Speaker 7: just gives you having I just think, as a woman,

821
00:37:34,640 --> 00:37:39,239
Speaker 7: having some cash behind you does for sure change the

822
00:37:39,239 --> 00:37:43,160
Speaker 7: way you feel and carry yourself gives you some extra confidence,

823
00:37:43,360 --> 00:37:43,800
Speaker 7: for sure.

824
00:37:43,920 --> 00:37:47,040
Speaker 3: I am the world's biggest advocate for an emergency fund

825
00:37:47,600 --> 00:37:48,759
Speaker 3: Have you always had one?

826
00:37:48,960 --> 00:37:57,000
Speaker 7: No, right, I'm not gonna lie to emergency funds. That

827
00:37:57,160 --> 00:38:01,759
Speaker 7: is a different rel because I would honestly say some cash.

828
00:38:01,280 --> 00:38:03,200
Speaker 4: And then I'm going to be like, oh my god,

829
00:38:03,360 --> 00:38:04,160
Speaker 4: I love this.

830
00:38:05,360 --> 00:38:11,480
Speaker 7: Katia bracelet, you know, and then but speaking of a

831
00:38:11,560 --> 00:38:16,680
Speaker 7: luxury fashion, Catia Bracelet's actually increase in value every single year.

832
00:38:18,239 --> 00:38:21,120
Speaker 6: If you on the back five to ten years ago.

833
00:38:21,200 --> 00:38:21,759
Speaker 5: I had a.

834
00:38:21,680 --> 00:38:24,399
Speaker 4: Problem with Chanelle. Sorry this sound I don't.

835
00:38:24,840 --> 00:38:26,160
Speaker 2: I will take what you've got.

836
00:38:26,160 --> 00:38:29,080
Speaker 7: It's not that on your Instagram. I just I don't

837
00:38:29,120 --> 00:38:32,640
Speaker 7: know something about Chanel. I don't know what it is.

838
00:38:33,080 --> 00:38:34,879
Speaker 7: It's just that's the only thing I don't.

839
00:38:34,960 --> 00:38:35,680
Speaker 4: I don't know why.

840
00:38:35,800 --> 00:38:38,200
Speaker 7: I've tried to like see a therapist. And I'm not

841
00:38:38,239 --> 00:38:38,920
Speaker 7: even joking.

842
00:38:40,239 --> 00:38:42,680
Speaker 2: I just tried to see a therapist.

843
00:38:43,920 --> 00:38:48,680
Speaker 7: No, no, I just can't bring myself to spend eleven

844
00:38:48,719 --> 00:38:51,720
Speaker 7: thousand dollars on a classic and I have spent money

845
00:38:52,040 --> 00:38:55,239
Speaker 7: on luxury. I don't even Seriously, if you follow me,

846
00:38:55,280 --> 00:38:58,200
Speaker 7: you know I've earned some serious cash, but I can't

847
00:38:58,239 --> 00:39:00,200
Speaker 7: do it on Chanel.

848
00:39:01,080 --> 00:39:02,239
Speaker 6: Isn't that so interesting?

849
00:39:02,440 --> 00:39:06,840
Speaker 2: I came to my own show to be attacked. I

850
00:39:06,880 --> 00:39:08,920
Speaker 2: bought one Chanelle one.

851
00:39:09,200 --> 00:39:12,000
Speaker 6: I love it, and I bought it.

852
00:39:12,680 --> 00:39:13,480
Speaker 2: I will have you know.

853
00:39:15,239 --> 00:39:17,400
Speaker 7: Because I saw that fight and I was like, oh, no,

854
00:39:17,560 --> 00:39:19,160
Speaker 7: we're going to talk. But I swear to god, I

855
00:39:19,160 --> 00:39:20,359
Speaker 7: saw on your Instagram together.

856
00:39:20,360 --> 00:39:22,080
Speaker 4: I'm like, oh, she like Chanelle.

857
00:39:24,560 --> 00:39:26,560
Speaker 2: And she's me because of the Murder podcast.

858
00:39:26,600 --> 00:39:30,960
Speaker 3: But she needed therapy because of the Chanel Why.

859
00:39:30,680 --> 00:39:33,480
Speaker 5: Okay, I'm just not being attacked because I can't afford it.

860
00:39:33,640 --> 00:39:38,760
Speaker 4: So what about your emergency fund?

861
00:39:38,880 --> 00:39:41,280
Speaker 6: No ah, yeah, but it's not in Chell.

862
00:39:43,440 --> 00:39:46,560
Speaker 4: Okay. Last thing about Chanel though, no jokes, this is how.

863
00:39:46,760 --> 00:39:47,960
Speaker 2: Are you talking about it?

864
00:39:47,960 --> 00:39:49,600
Speaker 4: Because it's five years ago.

865
00:39:49,840 --> 00:39:54,040
Speaker 7: The Chanel bag cost six thousand, five hundred dollars. It

866
00:39:54,160 --> 00:39:59,799
Speaker 7: costs eleven thousand dollars today. Said so, and that's when

867
00:39:59,840 --> 00:40:00,759
Speaker 7: you think about it.

868
00:40:00,800 --> 00:40:03,040
Speaker 4: You're like, oh still.

869
00:40:02,760 --> 00:40:05,880
Speaker 2: No, okay, okay.

870
00:40:05,600 --> 00:40:08,520
Speaker 3: So I get from an investment perspective, and I'm not

871
00:40:08,600 --> 00:40:11,600
Speaker 3: here defending this channel. But what I am saying is

872
00:40:11,840 --> 00:40:14,480
Speaker 3: I actually I get a little bit equ when people

873
00:40:14,680 --> 00:40:19,320
Speaker 3: justify fashion like purchases like a handbag or something along

874
00:40:19,360 --> 00:40:21,960
Speaker 3: those lines. When they say, oh, but it's an investment

875
00:40:22,360 --> 00:40:24,839
Speaker 3: because if I'm buying something, I'm buying it to use it,

876
00:40:24,880 --> 00:40:27,120
Speaker 3: and therefore, if I use it's probably gonna get broken

877
00:40:27,200 --> 00:40:29,920
Speaker 3: because it's me and I just I go, is that

878
00:40:30,000 --> 00:40:33,280
Speaker 3: actually an investment? So as a fashion editor, as somebody

879
00:40:33,320 --> 00:40:36,359
Speaker 3: who works in that space, would you classify fashion as

880
00:40:36,400 --> 00:40:36,960
Speaker 3: an investment?

881
00:40:37,320 --> 00:40:41,160
Speaker 7: I think you can invest your money better, honestly. But

882
00:40:41,640 --> 00:40:45,560
Speaker 7: it brings me so much joy that I think it's

883
00:40:45,600 --> 00:40:49,080
Speaker 7: a bit of invest in my personal care and self care.

884
00:40:49,400 --> 00:40:53,680
Speaker 7: But I do think some items I wouldn't encourage that

885
00:40:53,719 --> 00:40:55,680
Speaker 7: you go this way. I'm sure the better place is

886
00:40:55,719 --> 00:40:59,239
Speaker 7: to put five thousand dollars in smarter ways of using it.

887
00:40:59,360 --> 00:41:01,200
Speaker 4: But I do have to say I'm like a big

888
00:41:01,280 --> 00:41:02,120
Speaker 4: jewelry person.

889
00:41:02,719 --> 00:41:05,400
Speaker 7: Or maybe again I've spoken to myself about it and

890
00:41:05,560 --> 00:41:06,880
Speaker 7: convinced myself.

891
00:41:06,520 --> 00:41:10,080
Speaker 2: About the self or your therapist.

892
00:41:10,400 --> 00:41:11,000
Speaker 4: Myself.

893
00:41:11,080 --> 00:41:14,440
Speaker 7: But again, I like good jewelry, and I feel like

894
00:41:14,560 --> 00:41:18,759
Speaker 7: jewelry it could be handed down like to kids, to

895
00:41:18,840 --> 00:41:22,799
Speaker 7: your children for generations. And again, if I actually ever

896
00:41:22,880 --> 00:41:25,319
Speaker 7: wanted to sell one of my Katia bracelets, I would

897
00:41:25,360 --> 00:41:29,080
Speaker 7: get the exact same amount of money back for them,

898
00:41:29,239 --> 00:41:31,640
Speaker 7: maybe give a take a few hundred dollars because I

899
00:41:31,680 --> 00:41:32,640
Speaker 7: take care of them.

900
00:41:32,480 --> 00:41:33,160
Speaker 4: You know what I mean.

901
00:41:33,480 --> 00:41:35,680
Speaker 7: I'm one of those people that I would prefer to

902
00:41:35,800 --> 00:41:39,160
Speaker 7: kind of save up and buy a good piece rather

903
00:41:39,239 --> 00:41:42,840
Speaker 7: than buying many crappy little pieces.

904
00:41:43,200 --> 00:41:45,400
Speaker 5: Do you know I find really interesting when it comes

905
00:41:45,520 --> 00:41:48,320
Speaker 5: to jewelry, this is so far off the topic of investing.

906
00:41:48,360 --> 00:41:49,200
Speaker 6: I'm very sorry.

907
00:41:49,440 --> 00:41:52,600
Speaker 2: In the script we've just gone rogue. I can see

908
00:41:52,600 --> 00:41:53,919
Speaker 2: it where we can stay broke.

909
00:41:55,200 --> 00:41:57,160
Speaker 5: I find it really interesting how you said that you

910
00:41:57,200 --> 00:41:59,160
Speaker 5: can buy a beautiful piece and you can wear it

911
00:41:59,200 --> 00:42:00,920
Speaker 5: all the time, and you can pass it down, And

912
00:42:00,920 --> 00:42:03,279
Speaker 5: that's a really common thought with jewelry, and I think

913
00:42:03,280 --> 00:42:05,600
Speaker 5: it's super interesting that we don't feel that way about

914
00:42:05,640 --> 00:42:08,520
Speaker 5: our clothes and the element of fast fashion that comes

915
00:42:08,520 --> 00:42:10,600
Speaker 5: into that, because if you buy a beautiful piece of clothing,

916
00:42:11,200 --> 00:42:13,200
Speaker 5: you could do the same thing. Theoretically, you could wear

917
00:42:13,280 --> 00:42:14,960
Speaker 5: it all the time and you could pass it down

918
00:42:15,000 --> 00:42:15,560
Speaker 5: to your children.

919
00:42:15,600 --> 00:42:16,479
Speaker 4: I'm not that rich.

920
00:42:16,680 --> 00:42:21,200
Speaker 7: No, I just cotton this cotton silk silk like again,

921
00:42:21,239 --> 00:42:23,880
Speaker 7: and maybe another thing I need to discuss with my therapist.

922
00:42:24,719 --> 00:42:28,279
Speaker 7: But no, you can't convince me of that, because I

923
00:42:28,360 --> 00:42:33,520
Speaker 7: just feel how much better is your the law? Then

924
00:42:33,840 --> 00:42:37,279
Speaker 7: I understand the craftsmanship right, but sometime I think it's

925
00:42:37,760 --> 00:42:41,719
Speaker 7: about a seven hundred percent increase on what it really is.

926
00:42:41,760 --> 00:42:46,240
Speaker 4: And essentially you are just paying to wear the label,

927
00:42:46,480 --> 00:42:47,200
Speaker 4: do you know what I mean?

928
00:42:47,440 --> 00:42:47,800
Speaker 2: Totally?

929
00:42:48,560 --> 00:42:51,480
Speaker 7: And if you can and it brings you joy, do it,

930
00:42:51,520 --> 00:42:54,759
Speaker 7: but don't get into debt trying to check you.

931
00:42:54,680 --> 00:42:55,319
Speaker 4: Do you know what I'm saying?

932
00:42:55,400 --> 00:42:58,440
Speaker 7: If you can afford it, why not, Like, if it's

933
00:42:58,480 --> 00:43:03,359
Speaker 7: not gonna do anything bad to your money situation, do it.

934
00:43:03,400 --> 00:43:07,480
Speaker 7: But it's not something that you should chase thinking it's

935
00:43:07,480 --> 00:43:09,239
Speaker 7: going to change your life and make you feel better

936
00:43:09,239 --> 00:43:12,120
Speaker 7: about yourself. It's maybe an adictua when you actually do it,

937
00:43:12,200 --> 00:43:12,799
Speaker 7: but it's not.

938
00:43:13,040 --> 00:43:15,719
Speaker 3: I mean, there's an overlaying conversation about ethics and how

939
00:43:15,719 --> 00:43:17,640
Speaker 3: it's sourced and all of that, and we could go

940
00:43:17,719 --> 00:43:19,319
Speaker 3: on and on about that, but I want to put

941
00:43:19,400 --> 00:43:21,600
Speaker 3: that part of the conversation to the side for now

942
00:43:22,040 --> 00:43:24,680
Speaker 3: and ask you a little bit before we get back

943
00:43:24,760 --> 00:43:27,520
Speaker 3: on track, a little bit about the fashion investment pieces

944
00:43:27,560 --> 00:43:29,799
Speaker 3: you think we should be getting right, Because there are

945
00:43:29,840 --> 00:43:31,080
Speaker 3: some things that you go you.

946
00:43:31,080 --> 00:43:33,760
Speaker 2: Should spend money on Chanel.

947
00:43:33,280 --> 00:43:35,920
Speaker 3: And there are some things that you shouldn't spend money on,

948
00:43:36,040 --> 00:43:39,160
Speaker 3: Like if you were constructing a wardrobe, and you were like,

949
00:43:39,239 --> 00:43:41,200
Speaker 3: you know what, I need a basic white T shirt?

950
00:43:41,520 --> 00:43:43,680
Speaker 3: Are those the things I should splurge on? Or should

951
00:43:43,680 --> 00:43:46,000
Speaker 3: I be getting the cheap white T shirts and going

952
00:43:46,040 --> 00:43:48,360
Speaker 3: with the expensive genes? Like where should I be channeling

953
00:43:48,360 --> 00:43:50,080
Speaker 3: my money? Because I need this advice?

954
00:43:51,560 --> 00:43:54,960
Speaker 7: Okay, So I'm a big proponent of people having a

955
00:43:55,200 --> 00:43:59,560
Speaker 7: curated wardrobe or at least having a capsule specifically for you.

956
00:43:59,600 --> 00:44:02,080
Speaker 7: And I know people go a capsule wardrobe and everybody's

957
00:44:02,080 --> 00:44:04,960
Speaker 7: supposed to have the same thing. Not true, because a

958
00:44:04,960 --> 00:44:08,319
Speaker 7: capsule wardrobe means you have in essential pieces in your

959
00:44:08,320 --> 00:44:09,840
Speaker 7: wardrobe essential.

960
00:44:09,680 --> 00:44:12,560
Speaker 4: To your life. So your capsule wardrobe will.

961
00:44:12,440 --> 00:44:14,839
Speaker 7: Be different from mine, different from somebody that's a stay

962
00:44:14,840 --> 00:44:17,680
Speaker 7: at home mum, different from somebody that works corporate. You know,

963
00:44:17,719 --> 00:44:20,759
Speaker 7: we all need the essentials in those wardrobes will all

964
00:44:20,800 --> 00:44:22,000
Speaker 7: be very different.

965
00:44:22,640 --> 00:44:22,839
Speaker 4: Right.

966
00:44:22,960 --> 00:44:25,200
Speaker 7: But I do feel if there is an item of

967
00:44:25,280 --> 00:44:30,520
Speaker 7: clothing that you consistently wear every day, for example, say

968
00:44:30,520 --> 00:44:33,799
Speaker 7: you wear a white shirt. Right, I'm not saying go

969
00:44:33,920 --> 00:44:36,520
Speaker 7: spend thousands of dollars in a white shirt, but do

970
00:44:36,719 --> 00:44:40,680
Speaker 7: get a good quality one because going and buying it cheaply,

971
00:44:41,239 --> 00:44:42,880
Speaker 7: washing it a couple of times you're going to have

972
00:44:42,920 --> 00:44:46,600
Speaker 7: to repurchase. Sometimes when you buy something cheap, you're going

973
00:44:46,680 --> 00:44:48,399
Speaker 7: to have to I don't like saying cheap.

974
00:44:48,440 --> 00:44:51,320
Speaker 4: I like saying less than expensive. It sounds better.

975
00:44:51,840 --> 00:44:55,080
Speaker 7: If you buy something less than expensive, you have to

976
00:44:55,200 --> 00:44:57,799
Speaker 7: really think about what it is because if you have

977
00:44:57,920 --> 00:45:01,320
Speaker 7: to keep repurchasing, it doesn't make any sense.

978
00:45:01,600 --> 00:45:02,240
Speaker 4: Do you understand.

979
00:45:02,280 --> 00:45:04,200
Speaker 7: So if there's an like if you are wearing a

980
00:45:04,280 --> 00:45:07,800
Speaker 7: leather jacket every single day, then buy a good one.

981
00:45:07,920 --> 00:45:10,879
Speaker 7: You know that actually starts with vegan leather is another thing,

982
00:45:10,920 --> 00:45:12,000
Speaker 7: but let's not go there.

983
00:45:12,840 --> 00:45:15,120
Speaker 4: That's the best marketing vegan leather.

984
00:45:15,640 --> 00:45:19,080
Speaker 2: It is vinyl, it's plastic, vinyl, it's plastic, it's final.

985
00:45:19,120 --> 00:45:19,759
Speaker 2: I've looked into this.

986
00:45:21,200 --> 00:45:21,440
Speaker 1: Let it.

987
00:45:23,200 --> 00:45:26,000
Speaker 4: But that's a good marketing spin. But let's not you know.

988
00:45:26,960 --> 00:45:29,360
Speaker 2: Have you seen the vegan silk recently? Yes?

989
00:45:30,520 --> 00:45:32,240
Speaker 4: What is it?

990
00:45:33,000 --> 00:45:34,400
Speaker 3: I was trying to find something on I think it

991
00:45:34,440 --> 00:45:36,279
Speaker 3: was a door beauty the other day and I was

992
00:45:36,320 --> 00:45:38,600
Speaker 3: like in the beauty sleep section because I was looking

993
00:45:38,600 --> 00:45:41,320
Speaker 3: for like a new I'm asked for travel. Long story short,

994
00:45:41,360 --> 00:45:43,319
Speaker 3: I could go on about this all day. And they

995
00:45:43,320 --> 00:45:45,920
Speaker 3: were like vegan silk like pillowcases, and I was like

996
00:45:46,000 --> 00:45:47,440
Speaker 3: Jesus ninety dollars.

997
00:45:47,760 --> 00:45:50,919
Speaker 2: No, it's like just satin. That's that's a four dollar pill.

998
00:45:52,920 --> 00:45:53,120
Speaker 4: No.

999
00:45:53,840 --> 00:45:58,240
Speaker 7: Absolutely, marketing has gotten so good. Anyway, we digress because

1000
00:45:58,239 --> 00:45:58,680
Speaker 7: we can go.

1001
00:45:59,360 --> 00:46:01,440
Speaker 5: I'm gonna shift us back on track for the benefit

1002
00:46:01,480 --> 00:46:02,800
Speaker 5: of everybody listening.

1003
00:46:03,280 --> 00:46:03,960
Speaker 2: Hold on, hold on.

1004
00:46:04,000 --> 00:46:06,080
Speaker 3: So if I wear it every day, you can invest

1005
00:46:06,120 --> 00:46:08,680
Speaker 3: in it. I could wear a Schnell in the office.

1006
00:46:10,640 --> 00:46:14,320
Speaker 5: We've spoken about investing in houses and crypto and fashion,

1007
00:46:14,760 --> 00:46:16,880
Speaker 5: but something we talk about a lot as well is

1008
00:46:17,080 --> 00:46:20,799
Speaker 5: investing in yourself. And I want to ask you, what

1009
00:46:21,000 --> 00:46:23,839
Speaker 5: is the best investment that you feel like you've ever

1010
00:46:23,880 --> 00:46:27,680
Speaker 5: made in yourself that isn't necessarily, you know, a monetary share.

1011
00:46:28,040 --> 00:46:30,840
Speaker 7: Oh my god, watching Oprah all the time I was

1012
00:46:30,840 --> 00:46:31,239
Speaker 7: growing up.

1013
00:46:31,280 --> 00:46:32,320
Speaker 4: No, that was a good investment.

1014
00:46:32,440 --> 00:46:38,000
Speaker 6: And everybody gets a cup, but not really weird erect

1015
00:46:38,480 --> 00:46:38,840
Speaker 6: want me.

1016
00:46:38,920 --> 00:46:39,719
Speaker 2: I can't afford it.

1017
00:46:40,480 --> 00:46:44,560
Speaker 7: Best investment in myself, I kind of there was a stage.

1018
00:46:44,239 --> 00:46:46,040
Speaker 4: In my life where I went not anymore.

1019
00:46:46,040 --> 00:46:48,880
Speaker 7: Maybe I should go back to seeing the therapist. Obviously

1020
00:46:48,880 --> 00:46:51,279
Speaker 7: I still have unresolved issues, don't I. It sounds like

1021
00:46:51,320 --> 00:46:52,759
Speaker 7: a witch for sure.

1022
00:46:53,440 --> 00:46:54,080
Speaker 4: For sure, I.

1023
00:46:54,480 --> 00:46:56,560
Speaker 2: Think we both need to work on that, because it

1024
00:46:56,600 --> 00:46:57,040
Speaker 2: turns out.

1025
00:46:57,080 --> 00:46:59,840
Speaker 7: I do too. To be honest, I think the most.

1026
00:47:00,440 --> 00:47:03,920
Speaker 7: Oh this is going to sound so trying, but yoga.

1027
00:47:03,600 --> 00:47:07,960
Speaker 4: Oh my god, I want of good. I swear to you.

1028
00:47:08,040 --> 00:47:09,600
Speaker 4: I'm not a very physically.

1029
00:47:09,880 --> 00:47:13,960
Speaker 7: I don't love to exercise, but I love hot yoga,

1030
00:47:14,400 --> 00:47:16,359
Speaker 7: right And I think when I was actually kind of

1031
00:47:16,560 --> 00:47:19,719
Speaker 7: looking for ways to get fit and get calm and

1032
00:47:20,080 --> 00:47:23,520
Speaker 7: medit medicated, meditated, Oh.

1033
00:47:23,400 --> 00:47:25,400
Speaker 2: I just got Yeah.

1034
00:47:25,560 --> 00:47:27,680
Speaker 7: That was a really because you're so tired and burn

1035
00:47:27,800 --> 00:47:29,799
Speaker 7: out when you come out that you're like you feel

1036
00:47:29,840 --> 00:47:33,120
Speaker 7: completely zin and it's almost because you're barely hanging onto life.

1037
00:47:33,120 --> 00:47:36,880
Speaker 7: But that worked for me, and I think that physical,

1038
00:47:37,040 --> 00:47:38,240
Speaker 7: that investing inself.

1039
00:47:38,360 --> 00:47:40,279
Speaker 4: Oh my god, I'm sounding like a.

1040
00:47:40,280 --> 00:47:44,240
Speaker 6: Podcast one podcast one time.

1041
00:47:45,520 --> 00:47:46,960
Speaker 4: For my first podcast, is it.

1042
00:47:47,400 --> 00:47:48,200
Speaker 2: I'm not gonna lie.

1043
00:47:48,280 --> 00:47:51,040
Speaker 3: There's nothing I could think of that is worse than

1044
00:47:51,080 --> 00:47:53,080
Speaker 3: hot yoga that turns.

1045
00:47:53,440 --> 00:47:57,719
Speaker 2: Really. I have been once and they were like, oh, welcome, Rarah.

1046
00:47:57,480 --> 00:47:58,560
Speaker 3: This is gonna be like I think it's like a

1047
00:47:58,680 --> 00:48:01,480
Speaker 3: ninety minute session, right too, it isn't. I walk in

1048
00:48:01,520 --> 00:48:03,239
Speaker 3: and I just think I'm hot shit because I'm so

1049
00:48:03,320 --> 00:48:04,880
Speaker 3: good at yoga at this point in my life, and

1050
00:48:04,920 --> 00:48:06,480
Speaker 3: I'm like great, So I get on my mat and

1051
00:48:06,480 --> 00:48:08,560
Speaker 3: I've got my water and I'm wearing like shorts because

1052
00:48:08,560 --> 00:48:10,080
Speaker 3: it was going to be hot, and they're like, you

1053
00:48:10,080 --> 00:48:12,920
Speaker 3: know what, to take it slowly. It's very different normal yoga.

1054
00:48:13,040 --> 00:48:14,560
Speaker 3: I had so many tickets. I was like, it's fine,

1055
00:48:14,600 --> 00:48:15,680
Speaker 3: it's fine, it's it'll.

1056
00:48:15,520 --> 00:48:15,920
Speaker 2: Be all good.

1057
00:48:16,320 --> 00:48:18,520
Speaker 3: And they were like, head straight away, just lay down

1058
00:48:18,680 --> 00:48:20,040
Speaker 3: if you're feeling a little bit dizzy.

1059
00:48:20,280 --> 00:48:21,520
Speaker 2: And I was like, okay, no worries.

1060
00:48:21,800 --> 00:48:24,759
Speaker 3: And like eighty five minutes of that ninety session, like

1061
00:48:24,920 --> 00:48:29,840
Speaker 3: I sat on the floor and I was so embarrassed everybody.

1062
00:48:29,920 --> 00:48:31,759
Speaker 3: Even before I got off and left, I was like,

1063
00:48:31,800 --> 00:48:33,839
Speaker 3: I'm not seeing them in the locker area that I'm

1064
00:48:33,840 --> 00:48:34,920
Speaker 3: never coming back.

1065
00:48:35,320 --> 00:48:37,279
Speaker 4: But I think there is something to that, because I

1066
00:48:37,280 --> 00:48:38,279
Speaker 4: think the fact.

1067
00:48:38,000 --> 00:48:41,000
Speaker 7: That your spirit is actually leaving your body actually makes

1068
00:48:41,000 --> 00:48:41,640
Speaker 7: you feel like.

1069
00:48:42,800 --> 00:48:44,600
Speaker 6: Weight off your shoulders, my spirit.

1070
00:48:47,560 --> 00:48:49,840
Speaker 2: You're meditated after that.

1071
00:48:50,520 --> 00:48:53,160
Speaker 7: No, but that's the only and I think actually investing

1072
00:48:53,200 --> 00:48:56,799
Speaker 7: in that and kind of investing in time to do

1073
00:48:56,880 --> 00:49:00,760
Speaker 7: that actually was for a period of my in my life,

1074
00:49:00,960 --> 00:49:04,200
Speaker 7: was actually very helpful to me. But generally I always

1075
00:49:04,280 --> 00:49:09,359
Speaker 7: feel women especially should take time to find what is

1076
00:49:09,400 --> 00:49:14,560
Speaker 7: that thing that could help them feel healthy, thing feel better?

1077
00:49:14,960 --> 00:49:17,799
Speaker 7: About themselves just you know. I don't like saying you know,

1078
00:49:18,120 --> 00:49:19,600
Speaker 7: and I don't want it to be like a face

1079
00:49:19,719 --> 00:49:22,440
Speaker 7: mask and a hair thing, because that's topical. You can

1080
00:49:22,520 --> 00:49:25,400
Speaker 7: do that, but something you know from the inside of

1081
00:49:25,400 --> 00:49:28,359
Speaker 7: physical fitness meditation, and.

1082
00:49:28,360 --> 00:49:30,520
Speaker 3: I feel like that's different for everybody. I think when

1083
00:49:30,520 --> 00:49:31,799
Speaker 3: I was a bit younger, and this is why I

1084
00:49:31,840 --> 00:49:34,360
Speaker 3: went to hot yoga because everybody else was doing it,

1085
00:49:34,400 --> 00:49:35,759
Speaker 3: and I was like, oh my gosh, I want to

1086
00:49:35,800 --> 00:49:38,080
Speaker 3: be like those Instagram girls that have Chanel bags and

1087
00:49:38,120 --> 00:49:42,040
Speaker 3: go to hot yoga. And I got halfway there with

1088
00:49:42,080 --> 00:49:45,840
Speaker 3: one Chanel bag and one session of hot yoga. However,

1089
00:49:46,400 --> 00:49:48,879
Speaker 3: I think it is really different for everybody. But I'm

1090
00:49:48,920 --> 00:49:51,719
Speaker 3: consistently still looking at other people and being like, oh,

1091
00:49:51,840 --> 00:49:54,600
Speaker 3: Jess winds down like this, Oh Victoria winds down like that.

1092
00:49:54,640 --> 00:49:56,480
Speaker 3: Maybe I should try it, And I think I need to.

1093
00:49:56,880 --> 00:49:58,920
Speaker 3: You know, this is a good reminder to look a

1094
00:49:58,960 --> 00:50:01,320
Speaker 3: little bit further in and be like, well, what works

1095
00:50:01,360 --> 00:50:04,279
Speaker 3: for me, because you know, Jess and I this year

1096
00:50:04,320 --> 00:50:06,400
Speaker 3: have probably had our busiest year, and like we are

1097
00:50:06,480 --> 00:50:09,040
Speaker 3: so grateful for it, we're so excited about it. But

1098
00:50:09,280 --> 00:50:12,520
Speaker 3: what I learned this year, it's so lame is that

1099
00:50:12,840 --> 00:50:15,680
Speaker 3: sometimes switching off for me isn't actually about going and

1100
00:50:15,680 --> 00:50:18,839
Speaker 3: doing pilates with my girlfriends and getting a coffee. It's

1101
00:50:18,840 --> 00:50:21,480
Speaker 3: actually spending an extra hour in bed in the morning

1102
00:50:21,520 --> 00:50:24,320
Speaker 3: scrolling on TikTok because I feel like I've completely switched

1103
00:50:24,360 --> 00:50:27,920
Speaker 3: off and I'm okay with that now, Whereas before I

1104
00:50:27,960 --> 00:50:29,160
Speaker 3: think I would look at it and be like, oh,

1105
00:50:29,239 --> 00:50:32,080
Speaker 3: I'm wasting so much time. But I'd be like, oh,

1106
00:50:32,160 --> 00:50:36,279
Speaker 3: but I spent this hour just doing something mindless and

1107
00:50:36,360 --> 00:50:40,600
Speaker 3: kind of disconnecting from my responsibilities and my inbox and

1108
00:50:40,719 --> 00:50:43,000
Speaker 3: my social media, and I feel like all of that

1109
00:50:43,080 --> 00:50:46,479
Speaker 3: can be all consuming. So as much as it's nice

1110
00:50:46,520 --> 00:50:49,160
Speaker 3: to do really bougie things which are so fun, do

1111
00:50:49,280 --> 00:50:50,319
Speaker 3: not get me wrong, that.

1112
00:50:50,360 --> 00:50:52,200
Speaker 4: Is not bougie.

1113
00:50:52,760 --> 00:50:55,480
Speaker 3: It sounds like something rich mums do. If you live

1114
00:50:55,520 --> 00:50:59,440
Speaker 3: in tour, I can drive and range for ever. Ah yeah,

1115
00:50:59,440 --> 00:51:00,920
Speaker 3: when I drop that kids off, I've got my.

1116
00:51:01,040 --> 00:51:01,839
Speaker 2: Chrome ut ten.

1117
00:51:03,480 --> 00:51:06,000
Speaker 7: No, I actually did bigger at six thirty when my

1118
00:51:06,040 --> 00:51:10,040
Speaker 7: husband gets home. I used to love doing the TikTok thing.

1119
00:51:10,120 --> 00:51:12,560
Speaker 7: But do you think that actually kind of well, do

1120
00:51:12,680 --> 00:51:13,600
Speaker 7: you have a different psyche?

1121
00:51:13,680 --> 00:51:16,080
Speaker 4: Obviously we'll just discussed.

1122
00:51:15,640 --> 00:51:19,440
Speaker 7: That it actually winds me up watching TikTok like I

1123
00:51:19,480 --> 00:51:19,880
Speaker 7: try to do.

1124
00:51:19,960 --> 00:51:21,560
Speaker 4: Winds you up, winds me up.

1125
00:51:21,640 --> 00:51:24,799
Speaker 7: I get into all this comedy things and I just

1126
00:51:24,920 --> 00:51:27,080
Speaker 7: kind of like, can't sleep, can't RelA.

1127
00:51:27,960 --> 00:51:30,440
Speaker 2: I get into the side of TikTok which has murder

1128
00:51:32,680 --> 00:51:36,320
Speaker 2: like true crime people. There was that TikTok thing recently?

1129
00:51:36,600 --> 00:51:37,160
Speaker 2: Was it recently?

1130
00:51:37,280 --> 00:51:38,960
Speaker 3: Was like a year ago where they found a body

1131
00:51:39,000 --> 00:51:40,120
Speaker 3: in a suitcase And I.

1132
00:51:40,080 --> 00:51:42,479
Speaker 2: Was one of the ones to see the.

1133
00:51:42,400 --> 00:51:44,040
Speaker 3: First video and I thought it was a hoax, but

1134
00:51:44,080 --> 00:51:45,319
Speaker 3: it wasn't. I actually did.

1135
00:51:45,800 --> 00:51:48,160
Speaker 5: And this is what I had to sleep listening to

1136
00:51:48,360 --> 00:51:49,880
Speaker 5: while we were on This.

1137
00:51:49,719 --> 00:51:52,200
Speaker 2: Is where we're at. Jess and I are very different.

1138
00:51:52,200 --> 00:51:53,400
Speaker 2: What side of TikTok are you on?

1139
00:51:53,520 --> 00:51:53,800
Speaker 1: Jess?

1140
00:51:53,880 --> 00:51:56,239
Speaker 5: The side that my boyfriend will show me on Instagram

1141
00:51:56,280 --> 00:51:57,680
Speaker 5: reels Three weeks later.

1142
00:51:59,800 --> 00:52:02,080
Speaker 2: Hey, Mab, look at this cool video. I just founded

1143
00:52:02,120 --> 00:52:05,440
Speaker 2: on myself. Actually we need to be nice. Dreams is here? Sorry?

1144
00:52:05,480 --> 00:52:07,640
Speaker 3: Sorry, I want to know. You mentioned before that you

1145
00:52:07,680 --> 00:52:10,560
Speaker 3: have kids, which is very lucky, but I want to

1146
00:52:10,560 --> 00:52:13,120
Speaker 3: know where she's on the money. How are you teaching

1147
00:52:13,160 --> 00:52:15,040
Speaker 3: them about money in twenty twenty two.

1148
00:52:15,320 --> 00:52:17,640
Speaker 4: I am not, but I'm about to start.

1149
00:52:17,840 --> 00:52:21,839
Speaker 7: We have this thing going so every birthday or every Christmas.

1150
00:52:21,920 --> 00:52:24,600
Speaker 7: They usually get some cash from the grandparents. So we

1151
00:52:24,680 --> 00:52:27,440
Speaker 7: have opened an account. Can I say a bank? Are

1152
00:52:27,440 --> 00:52:28,719
Speaker 7: you sponsored by somebody?

1153
00:52:28,920 --> 00:52:30,480
Speaker 3: No, you can't say what we want even if we

1154
00:52:30,560 --> 00:52:34,400
Speaker 3: don't sponsored, like we don't have like normal case.

1155
00:52:34,160 --> 00:52:35,600
Speaker 7: You know, just in case you wanted me to say

1156
00:52:35,600 --> 00:52:37,640
Speaker 7: a specific bank, because it doesn't matter.

1157
00:52:38,120 --> 00:52:39,320
Speaker 2: The bank of Victoria.

1158
00:52:39,840 --> 00:52:43,359
Speaker 5: We'll drop in Victoria the other Victoria's voice over by.

1159
00:52:43,280 --> 00:52:46,440
Speaker 3: Trade Jess is our partnerships manager. In every contract. She

1160
00:52:47,200 --> 00:52:50,760
Speaker 3: you cannot keep us like we will talk about whatever

1161
00:52:50,760 --> 00:52:52,120
Speaker 3: we want to otherwise go away.

1162
00:52:52,160 --> 00:52:54,440
Speaker 7: That was a good opportunity. But anyway, you lost at

1163
00:52:54,520 --> 00:52:56,000
Speaker 7: so let me and I let it go.

1164
00:52:56,680 --> 00:52:59,000
Speaker 4: We're okay. So we've set up something. We come bank.

1165
00:52:59,239 --> 00:53:01,360
Speaker 4: It's I think somebody was telling me there's.

1166
00:53:01,160 --> 00:53:06,200
Speaker 7: An actual program that compounds the interest that over time,

1167
00:53:06,320 --> 00:53:09,960
Speaker 7: which I think is absolutely amazing. So we kind of

1168
00:53:10,040 --> 00:53:14,399
Speaker 7: initially started. We're depositing some money. We haven't if I'm

1169
00:53:14,440 --> 00:53:17,040
Speaker 7: being honest, we haven't continued because we would have to

1170
00:53:17,080 --> 00:53:18,960
Speaker 7: go to the bank and deposit with you. But we

1171
00:53:19,080 --> 00:53:22,160
Speaker 7: did start. So there is about fifty bucks in one

1172
00:53:22,280 --> 00:53:24,399
Speaker 7: and I think thirty five in the other.

1173
00:53:25,920 --> 00:53:29,439
Speaker 2: So they're gonna be rich, no dead.

1174
00:53:29,760 --> 00:53:31,400
Speaker 7: I know my mom helped me buy a property and

1175
00:53:31,440 --> 00:53:33,880
Speaker 7: I'm like thirty five bucks, fifty.

1176
00:53:34,840 --> 00:53:36,720
Speaker 4: Kids going far? Gee.

1177
00:53:36,719 --> 00:53:39,960
Speaker 7: I hope my husband starts to listen to this. Yeah so,

1178
00:53:40,200 --> 00:53:42,759
Speaker 7: but that's kind of what we've actually started doing. But

1179
00:53:42,960 --> 00:53:46,960
Speaker 7: they're also six and four, so you can't really teach them.

1180
00:53:47,280 --> 00:53:49,480
Speaker 7: I think maybe in a year or two I'm going

1181
00:53:49,520 --> 00:53:53,879
Speaker 7: to start, you know, spending money now, okay, really enjoyed that.

1182
00:53:54,640 --> 00:53:55,359
Speaker 2: We all know what's okay?

1183
00:53:55,480 --> 00:54:01,080
Speaker 7: I can't see is that the softika okay.

1184
00:54:00,840 --> 00:54:02,760
Speaker 2: Yeah, partner.

1185
00:54:02,800 --> 00:54:05,000
Speaker 3: If you guys hear her on the podcast, she's Kate

1186
00:54:05,040 --> 00:54:05,800
Speaker 3: the mortgage broker.

1187
00:54:05,880 --> 00:54:09,480
Speaker 2: She runs Zella money. She won't forlong and with this attitude.

1188
00:54:09,680 --> 00:54:11,440
Speaker 7: No, I think in a couple of years we'll teach

1189
00:54:11,480 --> 00:54:14,320
Speaker 7: them about because now it's just Christmas every day, Mom,

1190
00:54:14,360 --> 00:54:16,720
Speaker 7: I want this. You'd never actually want to go anywhere

1191
00:54:16,719 --> 00:54:18,160
Speaker 7: with them because they don't get it.

1192
00:54:18,200 --> 00:54:21,040
Speaker 4: There's no concept of that at the moment.

1193
00:54:21,200 --> 00:54:24,120
Speaker 7: But I think maybe in two three years, my daughter

1194
00:54:24,160 --> 00:54:26,799
Speaker 7: is going to start understanding that if she spends her

1195
00:54:26,800 --> 00:54:29,480
Speaker 7: fifty bucks that she got for Christmas, she's not going

1196
00:54:29,560 --> 00:54:31,799
Speaker 7: to have any money to buy that extra barbie or

1197
00:54:31,840 --> 00:54:33,799
Speaker 7: that you know because it's gone.

1198
00:54:33,920 --> 00:54:34,120
Speaker 4: You know.

1199
00:54:34,400 --> 00:54:36,480
Speaker 6: I didn't learn that until I left home.

1200
00:54:36,840 --> 00:54:40,279
Speaker 3: Oh, I was a bit the same actually, Like my

1201
00:54:40,320 --> 00:54:43,200
Speaker 3: parents did a lot to try and educate me around finances,

1202
00:54:43,200 --> 00:54:44,480
Speaker 3: but I was not having it.

1203
00:54:44,600 --> 00:54:47,360
Speaker 2: That was not cool. Caring about money not cool.

1204
00:54:47,440 --> 00:54:49,680
Speaker 7: I had no choice because we had Like obviously, as

1205
00:54:49,719 --> 00:54:53,160
Speaker 7: I said, I actually came here from I'm half Russian,

1206
00:54:53,320 --> 00:54:57,080
Speaker 7: sorry Ukrainian. I was Russian six months ago. Now I'm

1207
00:54:57,120 --> 00:54:59,440
Speaker 7: half Ukrainian because obviously the war. I was born in

1208
00:54:59,440 --> 00:55:03,319
Speaker 7: Odessa and my father's Nigerian, so I kind of.

1209
00:55:03,239 --> 00:55:04,720
Speaker 4: Have lived in both those places.

1210
00:55:04,760 --> 00:55:07,840
Speaker 7: And when we came here, the education about money I

1211
00:55:07,920 --> 00:55:11,440
Speaker 7: got was actually watching people work really hard for money.

1212
00:55:12,000 --> 00:55:15,560
Speaker 7: So it was kind of innate. It just happened. I

1213
00:55:15,600 --> 00:55:18,120
Speaker 7: saw it. It wasn't ever going to be wasted. I

1214
00:55:18,120 --> 00:55:19,919
Speaker 7: don't know if I learned that well, because I still

1215
00:55:20,040 --> 00:55:21,800
Speaker 7: kind of waste money if you think about it. My

1216
00:55:21,880 --> 00:55:24,200
Speaker 7: mom thinks I'm the worst. She's like, you spent what

1217
00:55:24,600 --> 00:55:26,879
Speaker 7: like or you did that? You know, she can't wrap

1218
00:55:26,920 --> 00:55:29,960
Speaker 7: her head around it. But yeah, I think it's what

1219
00:55:30,040 --> 00:55:33,240
Speaker 7: you grow. It's so funny what you get. Some people

1220
00:55:33,320 --> 00:55:36,520
Speaker 7: in my that would have had that kind of upbringing,

1221
00:55:36,560 --> 00:55:39,120
Speaker 7: would probably, you know, save a lot of money and

1222
00:55:39,239 --> 00:55:42,600
Speaker 7: kind of be a bit more stringent. But not Victoria.

1223
00:55:42,920 --> 00:55:45,480
Speaker 7: She's a libra. She goes from one side to the other.

1224
00:55:46,239 --> 00:55:48,680
Speaker 7: We're saving, then we're blowing it. We're saving, then we're

1225
00:55:48,719 --> 00:55:49,279
Speaker 7: blowing it.

1226
00:55:49,360 --> 00:55:52,680
Speaker 3: You know, the balance were the Victoria the cancer is

1227
00:55:52,719 --> 00:55:55,359
Speaker 3: a do what she says, not what she does kind

1228
00:55:55,360 --> 00:55:58,200
Speaker 3: of goal. Thanks for outing the schnelle, by the way,

1229
00:55:58,239 --> 00:56:00,319
Speaker 3: that was like the biggest purchase I ever mane And

1230
00:56:00,400 --> 00:56:00,719
Speaker 3: do you know.

1231
00:56:00,680 --> 00:56:03,800
Speaker 4: What You've got to make your money back your couple.

1232
00:56:03,680 --> 00:56:05,120
Speaker 2: Don't want to make my money back. I want to

1233
00:56:05,160 --> 00:56:05,840
Speaker 2: keep my back.

1234
00:56:06,320 --> 00:56:08,840
Speaker 7: I'm telling you, if everything's burning down, run out of

1235
00:56:08,840 --> 00:56:11,280
Speaker 7: the house with that bag is still going to be Seriously,

1236
00:56:11,280 --> 00:56:13,439
Speaker 7: you're going to have your money. And I just want

1237
00:56:13,440 --> 00:56:16,560
Speaker 7: to know how high you can get, like literally, how

1238
00:56:16,640 --> 00:56:17,440
Speaker 7: much money you're going to.

1239
00:56:17,440 --> 00:56:20,319
Speaker 4: Pay for a bag with four sides of leather, Like.

1240
00:56:20,280 --> 00:56:21,960
Speaker 3: I don't know because I'm on the side of TikTok.

1241
00:56:21,960 --> 00:56:23,760
Speaker 3: I don't know if anybody else is on this side.

1242
00:56:23,960 --> 00:56:25,879
Speaker 3: I don't know how I got there because I can't

1243
00:56:25,880 --> 00:56:29,759
Speaker 3: afford it, but I'm on burken TikTok. No no no, no, no, no,

1244
00:56:30,920 --> 00:56:32,520
Speaker 3: yeah no you'll accept.

1245
00:56:33,160 --> 00:56:34,440
Speaker 4: I'm ready for it.

1246
00:56:34,800 --> 00:56:36,239
Speaker 7: I don't know there's a thing which you now I

1247
00:56:36,239 --> 00:56:37,920
Speaker 7: have to go regressive therapy.

1248
00:56:39,400 --> 00:56:41,640
Speaker 2: All right, you do it. Why is the burken? Okay?

1249
00:56:41,680 --> 00:56:43,200
Speaker 4: Then it's just so cute.

1250
00:56:45,440 --> 00:56:50,280
Speaker 2: I just don't understand the concept buy heaps of stuff

1251
00:56:50,320 --> 00:56:50,640
Speaker 2: from a.

1252
00:56:50,760 --> 00:56:53,080
Speaker 7: No that they're light to you. I think they're like

1253
00:56:53,480 --> 00:56:54,799
Speaker 7: not everybody has to do that.

1254
00:56:55,120 --> 00:56:56,400
Speaker 2: Oh you would just get a burken.

1255
00:56:56,520 --> 00:56:59,279
Speaker 4: I'm not me, I say yet, but I'll tell you

1256
00:56:59,320 --> 00:56:59,680
Speaker 4: in a year.

1257
00:56:59,800 --> 00:57:04,480
Speaker 7: But sometimes sometimes you just walk in and like somebody

1258
00:57:04,520 --> 00:57:07,359
Speaker 7: sees you, like the Mez gods are like, okay, we'll

1259
00:57:07,360 --> 00:57:10,239
Speaker 7: give her one kind of thing and you out. And

1260
00:57:10,320 --> 00:57:12,640
Speaker 7: so I don't even want to get into it because

1261
00:57:12,640 --> 00:57:15,319
Speaker 7: this is a whole story where there's person. She's like

1262
00:57:15,360 --> 00:57:18,920
Speaker 7: somebody on TikTok, like literally had to get hr involved.

1263
00:57:18,920 --> 00:57:21,000
Speaker 7: She was having a mental breakdown because nobody got her

1264
00:57:21,400 --> 00:57:24,320
Speaker 7: me's bag. I mean, like, how much time do you

1265
00:57:24,440 --> 00:57:27,920
Speaker 7: have on your hands? Like really, I mean she has

1266
00:57:28,000 --> 00:57:31,760
Speaker 7: children as well. She was crying and having like this anxiety.

1267
00:57:31,320 --> 00:57:32,919
Speaker 2: Attack breakdown over a hand bag.

1268
00:57:33,120 --> 00:57:36,440
Speaker 3: Full breakdown anyway, but if you took my Chanell, I

1269
00:57:36,440 --> 00:57:37,520
Speaker 3: would have a full breakdown.

1270
00:57:38,840 --> 00:57:40,800
Speaker 4: I wouldn't do that too, Darling, No.

1271
00:57:40,760 --> 00:57:45,800
Speaker 3: Because you don't want it. Jess though you'd take a chanelle.

1272
00:57:46,040 --> 00:57:48,040
Speaker 5: Oh yeah, if the house was burning down, I'd take

1273
00:57:48,040 --> 00:57:52,640
Speaker 5: the chanelle and I'd probably leave you.

1274
00:57:53,520 --> 00:57:56,000
Speaker 2: I think that's very price to leave it, miss Jessica Ricci.

1275
00:57:56,360 --> 00:57:58,200
Speaker 2: What do you reckon? Should we wrap these show?

1276
00:57:58,320 --> 00:58:00,560
Speaker 3: Because I actually want to get out there and meet

1277
00:58:00,600 --> 00:58:03,800
Speaker 3: all of you. Come join us on Instagram, follow Victoria

1278
00:58:03,880 --> 00:58:06,400
Speaker 3: on Instagram. I want to say another special thank you

1279
00:58:06,440 --> 00:58:09,080
Speaker 3: to you. You are an absolute delight and arguably my

1280
00:58:09,120 --> 00:58:09,920
Speaker 3: new best friend.

1281
00:58:09,960 --> 00:58:13,720
Speaker 2: So I'm very excited about it. Yeah we are. We

1282
00:58:13,760 --> 00:58:15,120
Speaker 2: walked in and I was like, is that it? And

1283
00:58:15,160 --> 00:58:16,360
Speaker 2: she was like yep, and I was like.

1284
00:58:16,440 --> 00:58:20,640
Speaker 3: Oh, anyway, thank you. Also, thank you to our gorgeous

1285
00:58:20,640 --> 00:58:24,000
Speaker 3: interpreters who have made this event super super special.

1286
00:58:24,600 --> 00:58:28,160
Speaker 2: A massive thank you to the people who trusted.

1287
00:58:27,720 --> 00:58:31,440
Speaker 3: Me right not one, but two books, Penguin, Random House,

1288
00:58:31,720 --> 00:58:32,640
Speaker 3: and to Feign for.

1289
00:58:32,600 --> 00:58:35,200
Speaker 2: Putting these events on for us who would have thought.

1290
00:58:36,080 --> 00:58:36,920
Speaker 6: Thank you for coming.

1291
00:58:36,960 --> 00:58:39,680
Speaker 5: We hope you had a good time and you guys

1292
00:58:39,680 --> 00:58:42,560
Speaker 5: will get to maybe here your laughs definitely. You Kate

1293
00:58:42,800 --> 00:58:45,160
Speaker 5: are on the podcast in a couple of weeks, so

1294
00:58:45,600 --> 00:58:46,720
Speaker 5: have a fantastic night.

1295
00:58:46,800 --> 00:58:47,960
Speaker 6: And we'll see you all out there,