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

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

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

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

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

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

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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing

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

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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

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

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Speaker 2: Let's you be pervy about other people's money habits educational

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Speaker 2: purposes of course. Welcome back to another one of our

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Speaker 2: Money Diaries episodes where I get the absolute pleasure of

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Speaker 2: sitting down and having a chat with one of our

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Speaker 2: She's on the Money community members all about their journey.

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Speaker 4: Now.

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Speaker 2: This week I got an email and it sounded exactly

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Speaker 2: like this, Dear Victoria and She's on the Money. I

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Speaker 2: am a recovered shopperholic. I used to have over five

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Speaker 2: thousand dollars in debt, payday loans and by now pay

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Speaker 2: later apps. Even though I had nice things, I felt

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Speaker 2: so depressed because I actually had no money. I was

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Speaker 2: afraid to tell my partner when we were still freshly

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Speaker 2: dating because he works in financial advice. Last year, I

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Speaker 2: made the decisions to get my finances right. I paid

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Speaker 2: back all my debt and I actually now have fifteen

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Speaker 2: thousand dollars saved towards a home deposit.

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Speaker 5: What the hell, that's so good? Thank you, congrats. Oh

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Speaker 5: my gosh.

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Speaker 2: I totally feel that I didn't tell my new partner

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Speaker 2: because I is embarrassed. I mean, it doesn't help that

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Speaker 2: he was a financial advisor, but I did the same thing,

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Speaker 2: Like I still had debt when I met my husband

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Speaker 2: and I was up, doesn't exist, can't talk about it,

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Speaker 2: don't know what you're talking about.

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Speaker 4: No, that was exactly how I felt.

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Speaker 5: And did you end up telling your partner?

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Speaker 4: Yeah, So we had been dating for a couple months

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Speaker 4: and we went and grabbed lunch at a cafe and

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Speaker 4: him being in finance, he hits me with her so

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Speaker 4: what's your financial stitch?

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Speaker 5: Like, oh god, did you just leave? Did you run out?

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Speaker 2: Of the restaurant, never to be seen again, because like

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Speaker 2: that would have been my worst nightmare.

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Speaker 4: I thought about it, honestly, like a big sire in

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Speaker 4: my brain. I was like, oh God, I knew that

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Speaker 4: this was coming.

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Speaker 2: I knew, yeah, this day was surely to come. I

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Speaker 2: have been busted.

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Speaker 4: I was so afraid to tell him, Look, your girl's

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Speaker 4: got a shopping problem and I spend way too much

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Speaker 4: money and I've got myself in this debt situation.

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Speaker 5: But I did what did you say? Did you say

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Speaker 5: something like that?

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Speaker 6: I said to him, Look, from being on, it's really bad.

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Speaker 4: I like to buy lots of things and I don't

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Speaker 4: know how to fix it.

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Speaker 2: That's really vulnerable though, Like that's really and I won't

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Speaker 2: say a make or break it's totally a make or

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Speaker 2: break situation though, Like because he could have been like, well,

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Speaker 2: I'm not interested in this, or he could have shown up.

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Speaker 4: I wouldn't have been surprised if he had said, can't

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Speaker 4: do it, like that's it for me. But he was

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Speaker 4: actually really really understanding about the situation, and he actually

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Speaker 4: said to me, look, I've been in similar situations myself

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Speaker 4: where I didn't have a lot of money. He didn't

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Speaker 4: have a shopping problem, but he used the paid a

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Speaker 4: loans to get by. And then I remember just asking him,

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Speaker 4: were like, how did you get yourself out of it?

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Speaker 4: Because I was sitting there with this man who works

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Speaker 4: in finance. He's got amazing financial literacy, it seems.

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Speaker 5: Like, and that would have been really overwhelming, so scary.

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Speaker 2: Yeah.

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Speaker 4: I was like, well, what's changed, Like how did you

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Speaker 4: turn an leave? And he basically just talked me through

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Speaker 4: what he did and I tried to apply the same

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Speaker 4: thing in my life and it really worked.

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Speaker 5: Oh my god, I love that.

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Speaker 2: And he like instead of you know, you being judged,

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Speaker 2: he actually was like, all right, so this is what

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Speaker 2: I did and this is how I did it, and

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Speaker 2: I'm going to help you too.

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Speaker 5: Oh what an icon?

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Speaker 6: Yeah exactly.

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Speaker 4: He actually kind of got like the finance side of him.

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Speaker 4: He got a bit excited about it, like almost like oh,

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Speaker 4: I can help you, Like.

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Speaker 5: I've got a game, there's a plan here.

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Speaker 6: Yeah. It was really cute.

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Speaker 2: I love that. I love that so much Money direst.

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Speaker 2: Before we get any further into the show, I need

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Speaker 2: to ask if I asked you to give your money

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Speaker 2: Habits a grade, what would you grade them from A

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Speaker 2: through to F.

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Speaker 4: Oh okay, if you had asked me this like a

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Speaker 4: yeogo would have been an F for sure, I'd say probably.

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Speaker 4: Now we're leaning more towards the B plus, so we've

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Speaker 4: gone up quite a few grades.

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Speaker 2: Oh, I love this, you definitely have. Now let's take

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Speaker 2: a step back. I want to know, can you tell

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Speaker 2: me a bit more about your money story?

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Speaker 6: Yeah, of course.

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Speaker 4: So my money story is an interesting one and it's

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Speaker 4: something that explains a lot about who I am today.

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Speaker 4: My family moved here to Australia when I was twelve,

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Speaker 4: and that was for more career opportunities because we were

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Speaker 4: living in New Zealand at this time in a small

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Speaker 4: town and weren't doing very well financially. But of course

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Speaker 4: the cost to upmove a whole family to a different

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Speaker 4: country is huge, so when we moved, my family struggled

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Speaker 4: quite a lot financially, and there were times so my

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Speaker 4: dad was in and out of work.

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Speaker 6: So I kind of learned to.

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Speaker 4: Live life like that, and I was always aware about finances.

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Speaker 4: I was aware about if we were going to lose

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Speaker 4: our home and things like that, like it was always

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Speaker 4: very talked about. But that meant that when I grew

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Speaker 4: up into an adult and I had my own life

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Speaker 4: and meant that I had to learn how to spend

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Speaker 4: that in a way. And I thought, well, you know,

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Speaker 4: I've grown up where money was scarce and I didn't

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Speaker 4: always have like the brand new things, the nicest things.

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Speaker 4: So I wanted to buy it all. I wanted everything.

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Speaker 2: Yeah, you wanted to treat yourself, I did.

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Speaker 4: And I lived in a real treat yourself mentality. But

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Speaker 4: it was spending way above my means. And I think

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Speaker 4: that's just because that was a world that I hadn't

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Speaker 4: lived before and it was new and exciting.

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Speaker 2: I totally understand that and resonate with that. I feel

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Speaker 2: like I even went through that, like that's I guess what,

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Speaker 2: because I've shared before that I got into astronomical amounts

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Speaker 2: of personal debt and it was so hard to get

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Speaker 2: out of. But like you kind of do, go, oh, well,

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Speaker 2: I never had it before, and now I'm an adult.

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Speaker 2: I can treat myself and I can make my own

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Speaker 2: decisions and I'm going to do this and I am

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Speaker 2: going to do that. Talk to me a bit more

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Speaker 2: about that, Like, was there ever a point where you

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Speaker 2: were like, oh, this is a bit much or like

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Speaker 2: where was the tipping point? Because when you wrote in

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Speaker 2: you said I used to have over five thousand when

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Speaker 2: it was at one thousand, were you like this is

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Speaker 2: bad or were you like, oh, it doesn't matter, Like

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Speaker 2: at what point did you go, oh, this probably isn't great.

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Speaker 4: I always thought it was bad, Like I always knew.

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Speaker 4: I had people telling me it was bad too, and

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Speaker 4: I was like, get off my case, like.

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Speaker 6: It's none of your business.

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Speaker 4: That kind of thing, like that was my mentality when

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Speaker 4: I was pretty young, like eighteen nineteen, was like, don't

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Speaker 4: talk to.

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Speaker 6: Me about it. I don't care.

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Speaker 4: And then interestingly enough, like during COVID, I had a

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Speaker 4: housemate and she was really cool and I had like

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Speaker 4: a bit of a breakdown about money because I was like,

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Speaker 4: I don't know where all my money's going. I get

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Speaker 4: paid and it's gone seconds later, and she was like

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Speaker 4: you should listen to she's on the money.

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Speaker 5: What an I can?

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Speaker 2: And then I'm like, Hi, it's me.

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Speaker 4: At the time, I was like, no, I can't be

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Speaker 4: doing that. That's not going to fix my problem.

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Speaker 2: And you know what, it's so funny because as someone

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Speaker 2: who went through literally what you're talking about, if you

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Speaker 2: had recommended to finance this podcast, I would be like

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Speaker 2: getting the bin.

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Speaker 5: Ye absolutely not. I'm not listening to that crap.

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Speaker 2: Like I'm not having some preachy girl who thinks she's

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Speaker 2: better than everybody else tell me how to run my money.

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Speaker 2: And now I'm like the girl telling you how to

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Speaker 2: run your money.

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Speaker 5: Sorry about that. How the tables do turn?

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Speaker 6: Yeah, So that's how I felt.

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Speaker 4: And then a few years later, I was like, oh

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Speaker 4: my god, I'm having another breakdown because it's the same thing.

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Speaker 6: It's been like this.

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Speaker 4: For a couple of years now, like I'm getting paid,

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Speaker 4: the money's done, and then I take another like payday

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Speaker 4: loan again, and then it's just a cycle. And I

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Speaker 4: felt so trapped and I was like, oh my god,

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Speaker 4: I can't.

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Speaker 6: I can't do this anymore.

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Speaker 4: That was when I hit the five K point. I

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Speaker 4: was like, this is absolutely ridiculous.

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Speaker 2: Five K feels like a significant number as well. It's

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Speaker 2: not four and a half grand, it's five thousand dollars.

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Speaker 4: It was five And I had written it down in

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Speaker 4: the back of my plan. I've written down how much

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Speaker 4: I was in and I've broken it down, and I

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Speaker 4: was looking at it like this is scary.

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Speaker 6: This is bad.

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Speaker 4: I think the beginning of the point where it was

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Speaker 4: like time to change was that when we sat down

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Speaker 4: at lunch, my partner and I, and he was like, well,

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Speaker 4: I've got a plan, and I.

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Speaker 2: Was like okay, oh, thank god.

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Speaker 4: And it was almost like this big like sense of relief,

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Speaker 4: like a big breath that I could take because there

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Speaker 4: was a plan and there was someone that knew how

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Speaker 4: to get me out of this, whereas up until then

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Speaker 4: I'd just been ignoring everyone because I didn't think that

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Speaker 4: anyone could help me.

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Speaker 6: I thought it was beyond help.

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Speaker 2: Really, yeah, totally. And so talk me through what then

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Speaker 2: that looked like, because like your partner said, look, I've

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Speaker 2: got a plan for you. What was the plan? How

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Speaker 2: did the plan work? Was it big and did it

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Speaker 2: involve balloons and champagne or was it slow and steady

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Speaker 2: or like, how did that work?

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Speaker 4: We took a slow and steady approach to it. It

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Speaker 4: was basically because I was feeling like I was stuck

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Speaker 4: in this cycle and I'd have no money when i'd

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Speaker 4: paid everything back. He said, just do fifty dollars less

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Speaker 4: each week, like pay it all back and then the

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Speaker 4: next time you need to draw out like a payday

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Speaker 4: loan fifty dollars less. And I did that significantly over

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Speaker 4: all of my over each pay cycle, and eventually it

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Speaker 4: didn't feel like, oh my god, all my money's gone.

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Speaker 4: It felt like, okay, only a little bit's gone. And

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Speaker 4: eventually got to the point where that was all paid off,

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Speaker 4: and I sort.

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Speaker 6: Of attacked it in chunks.

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Speaker 4: So I did like the payday loans as one sort

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Speaker 4: of thing, and I did the shopping.

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Speaker 6: Loans as another thing.

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Speaker 4: And it took me about a year to get through

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Speaker 4: all of it, but felt real good sense of relief

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Speaker 4: when it was all done. That's when we cracked the champagne.

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Speaker 5: Yeah good, I love that.

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Speaker 2: Could we talk a little bit more about getting into debt,

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Speaker 2: because like, there is no way if I sat you

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Speaker 2: down when you were younger and said, hey, babe, so

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Speaker 2: I've got this plan. I'm going to get you into

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Speaker 2: five grand of debts and you're going to feel crippled

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Speaker 2: by it. Deal, and you go, yeah, deal, Yeah, Like

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Speaker 2: that's not how it happens, right, Like you wouldn't have

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Speaker 2: ever applied for a payday loan or a line of

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Speaker 2: credit with the intention of being in bad debt. It

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Speaker 2: was always like blinkers on. We're looking at the grand prize,

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Speaker 2: which is clothes or shoes or something.

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Speaker 5: What were you buying?

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Speaker 2: Like, was it really expensive items? Was it you know,

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Speaker 2: things that are just adding up here and there, Like

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Speaker 2: I kind of also want to know, like what have

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Speaker 2: you got to show for it today?

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Speaker 4: To begin with, it was you know a few expensive

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Speaker 4: buy items, you know, things that cost a couple hundred dollars,

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Speaker 4: so shoes, clothes, outfits for festival, festival tickets, like that

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Speaker 4: kind of stuff. Towards the end, if I'm being really honest,

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Speaker 4: it got to the point where it was I'm using

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Speaker 4: after pay to get a cold S voucher or a

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Speaker 4: Wooly S voucher to get my groceries.

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Speaker 2: Yeah, because you were just like spending so much paying

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Speaker 2: back debt or not sure where your cash is going it.

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Speaker 2: That was the option, and that was like an.

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Speaker 6: All time low.

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Speaker 4: And I remember being in the shops and I overheard

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Speaker 4: a conversation and it with someone saying like they worked

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Speaker 4: at the grocery store and they were like picking fun

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Speaker 4: of someone who asked, oh, do you take after.

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Speaker 2: Pay literally getting the bin literally get in the bin.

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Speaker 4: I literally take out these after pays on gift cards

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Speaker 4: to get my groceries, and I was like, oh my god,

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Speaker 4: I've become the person they're making fun of.

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Speaker 2: See, you never know who's listening. You never know, and

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Speaker 2: that's awful, Like you never want to feel that way,

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Speaker 2: and nor do you ever want to make somebody else

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Speaker 2: feel that way.

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Speaker 4: No, God, No, that was like a huge wakeup call

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Speaker 4: for me. It was no longer. I was still buying

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Speaker 4: nice things and stuff, but it was no longer just

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Speaker 4: a tool to buy nice things. It was trickled throughout

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Speaker 4: my life. I feel like all of my friends were

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Speaker 4: so used to it as well, Like they'd be like, oh,

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Speaker 4: there's a festival coming up, you don't have money, just

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Speaker 4: have to pay it.

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Speaker 6: It's fine. It's like so normal. And that was conversation

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Speaker 6: that was around me.

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Speaker 2: Yeah, and then everybody else is doing it, and then

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Speaker 2: you don't want to miss out, so you still do it.

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Speaker 2: And I think that that is such a good example

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Speaker 2: of I say often on the podcast like personal loans

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Speaker 2: are a slippery slope, and it's because of exactly that.

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Speaker 2: It's not like, oh yeah, I got access to a

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Speaker 2: personal loan and then I was able to buy some

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Speaker 2: shoes and then I just kept buying shoes that you did,

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Speaker 2: but at what cost, at the cost of then not

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Speaker 2: being able to afford groceries, and we're now putting groceries

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Speaker 2: on debt, and then that becomes a vicious cycle because

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Speaker 2: if you can't get on top of that, you are

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Speaker 2: then paying debt on debt on debt on debt on debt,

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Speaker 2: and that feels like trash because you don't feel like

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Speaker 2: you can get out of that cycle because the way

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Speaker 2: that you're getting out of that cycle is going, Okay, cool,

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Speaker 2: well I'm not going to buy clothes or shoes or whatever. Cool,

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Speaker 2: you've probably banned yourself from that. But I also don't

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Speaker 2: have cash for groceries, so I'm going to get that.

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Speaker 2: But then next month, I'm paying back last month's groceries.

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Speaker 2: So how am I paying this month's groceries? Because then

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Speaker 2: it just spirals.

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Speaker 4: That's exactly how it went, and it was kind of scary,

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Speaker 4: to be honest.

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Speaker 2: It's terrifying, like and at the time it's not just terrifying,

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Speaker 2: it feels really embarrassing. It does, and it's not it's

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Speaker 2: absolutely not. You don't want to talk about it with

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Speaker 2: your friends, like because like just have to pay it.

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Speaker 2: It's fine, because that's the only conversation we'll ever have

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Speaker 2: about your debt. I'm never going to bring up a

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Speaker 2: breakfast or hey babe, like, have you paid back your

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Speaker 2: after pay? No one's going to ask you that, Hey,

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Speaker 2: are you struggling with crippling debt? No one's going to

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Speaker 2: ask that. They'll just say, just have to pay it,

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Speaker 2: it's fine.

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Speaker 4: That's why it was so interesting when we got to

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Speaker 4: the point where I was at lunch with my partner

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Speaker 4: and he just asked me, and I was like, well.

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Speaker 2: Oh yeah, US finance people are built different. I will

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Speaker 2: just be like, so, who what do you reckon about

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Speaker 2: the mortgage rates?

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Speaker 4: Oh?

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Speaker 5: What do you pay per month on your mortgage?

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Speaker 1: Oh? This?

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Speaker 5: Oh me too, Like we are crazy, we have no shame.

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Speaker 6: That is your branch conversation.

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Speaker 2: Yeah, Like I'm so grateful for it, but like, you

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Speaker 2: are so right. You said something before and I didn't

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Speaker 2: want to interrupt, but you said something along the lines

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Speaker 2: of like I was just spending way beyond my means,

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Speaker 2: and like that's literally all it means. Like it's not

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Speaker 2: a reflection of you not being good with money. It's

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Speaker 2: not reflection of anything other than you actually just spent

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Speaker 2: more than you earned, full stop, end of story. Like

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00:15:13,640 --> 00:15:16,040
Speaker 2: that's the whole story, Like you just spent more money

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Speaker 2: than you earned, and we can actually fix that. So

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Speaker 2: now you're out of debt. You popped some champagne, Am

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Speaker 2: I right?

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Speaker 6: Yes, of course.

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Speaker 4: So it became like we had a bit of a

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Speaker 4: celebration when I made that final zip pay payment.

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Speaker 6: It felt huge.

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Speaker 2: I love this man, by the way, the fact that

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Speaker 2: he's celebrating with you, and I.

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Speaker 4: Can't absolutely like I got a good one.

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Speaker 2: I love this And so you've gone from being in

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Speaker 2: bad debt to now having fifteen grand safe for a

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Speaker 2: house deposit.

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Speaker 5: How the hell did you do that?

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Speaker 4: To be honest, I still think that sometimes I'm like,

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Speaker 4: how have I managed that? But it was a case

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Speaker 4: of basically growing my financial literacy and learning that there

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Speaker 4: are more than one way is to say, so I

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Speaker 4: want myself out of debt. And then I was like, okay, great,

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Speaker 4: Like I've got all this extra money, but I don't

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Speaker 4: want to just spend it.

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Speaker 6: I want to save it.

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Speaker 4: And so we sat down and I learned about things

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Speaker 4: like the first home super saver.

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Speaker 2: Yay, I'm so proud of you.

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Speaker 4: Like that week I went to the payroll at my workhouse,

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Speaker 4: I need you to set up like salary sacrificing to

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Speaker 4: my super and I've been increasing it like so just

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00:16:27,640 --> 00:16:31,280
Speaker 4: like finding different ways to save and things that mean

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00:16:31,320 --> 00:16:34,000
Speaker 4: that I can't touch it for shopping, like you know, it's.

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Speaker 6: Out of mind.

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Speaker 4: And I've learned to spend the money that I do

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Speaker 4: get and keep that aside.

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Speaker 2: Yeah, And I feel like I want to talk a

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Speaker 2: little bit more about the shopping side of things, because

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Speaker 2: it's not just oh, I wanted stuff, full stop, end

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Speaker 2: of story. Often and I'm going to ask you what

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Speaker 2: your experience was like. But often when people say, look,

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Speaker 2: I'm a recovering or a recovered shopaholic, there's a lot

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Speaker 2: more going on there just wanting some stuff because we

376
00:17:02,120 --> 00:17:05,120
Speaker 2: want stuff, But more often than not, people are chasing

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00:17:05,160 --> 00:17:07,720
Speaker 2: that dopamine high like it is the only thing you

378
00:17:07,760 --> 00:17:10,160
Speaker 2: think about. It's the only thing, Like you've got something,

379
00:17:10,200 --> 00:17:11,720
Speaker 2: you have a package in the mail, and you're thinking

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Speaker 2: about when you're going to get the next package and

381
00:17:13,760 --> 00:17:15,359
Speaker 2: what else you're going to order. You live it, you

382
00:17:15,400 --> 00:17:17,119
Speaker 2: breathe it, like it's all you're thinking about when you

383
00:17:17,160 --> 00:17:20,600
Speaker 2: go to bed. Talk to me about that side of

384
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Speaker 2: the shopping spiral. Was that how you were feeling or

385
00:17:24,560 --> 00:17:26,399
Speaker 2: was it literally like IRV, I just spent more than

386
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Speaker 2: I earned? Or are you chasing dopamine? Like what did

387
00:17:29,600 --> 00:17:30,119
Speaker 2: that look like?

388
00:17:30,400 --> 00:17:33,720
Speaker 4: No, it was like an addiction, Like I was always

389
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Speaker 4: buying something new, and it was like you said, when

390
00:17:37,640 --> 00:17:40,280
Speaker 4: you wait for the package, you know, you're so excited,

391
00:17:40,280 --> 00:17:43,440
Speaker 4: you're tracking it every moment, like you're getting these emails

392
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Speaker 4: in your inbox of all these new sales and stuff,

393
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Speaker 4: and like, to me, that mindset still hasn't disappeared, if

394
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Speaker 4: I'm honest, like, I still get that.

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Speaker 2: It doesn't. I'm sorry to ruin that for you.

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Speaker 6: It's not going to go away.

397
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Speaker 5: We just have to reframe it and work out how

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Speaker 5: channel that.

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00:18:00,880 --> 00:18:04,000
Speaker 4: Yeah, so, like I find myself off for now. Instead,

400
00:18:04,760 --> 00:18:07,800
Speaker 4: I'll just start a big online cut and I won't

401
00:18:07,840 --> 00:18:10,440
Speaker 4: buy anything. I'll just add everything that I think's cute,

402
00:18:10,880 --> 00:18:13,439
Speaker 4: And then often a couple days later, I'll look at

403
00:18:13,480 --> 00:18:15,800
Speaker 4: that cut and you're like, I don't even really like that.

404
00:18:16,920 --> 00:18:21,480
Speaker 2: Yeah, that's fair. That's a humbling experience, isn't it. You're like, Oh,

405
00:18:21,520 --> 00:18:23,840
Speaker 2: that could have easily ended up in my wardrobe without

406
00:18:23,920 --> 00:18:24,840
Speaker 2: further consultation.

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Speaker 6: Yeah, exactly.

408
00:18:26,600 --> 00:18:29,919
Speaker 4: So like that side of things doesn't change, and I

409
00:18:29,960 --> 00:18:35,119
Speaker 4: still often feel it, But it's about having the impulse

410
00:18:35,200 --> 00:18:37,919
Speaker 4: control to like hit the purchase button or not.

411
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Speaker 2: And is there a particular time or a particular experience

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Speaker 2: that you go through where that's stronger than any other time?

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00:18:44,800 --> 00:18:46,360
Speaker 6: Just before bed nighttime?

414
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Speaker 4: It's like when you're scrolling and you see things on

415
00:18:49,520 --> 00:18:51,720
Speaker 4: Instagram or you see things on TikTok and you're like, oh,

416
00:18:51,760 --> 00:18:54,200
Speaker 4: that would be cute, and then you open your online

417
00:18:54,200 --> 00:18:57,439
Speaker 4: shopping and it's like it's a whole spiral in the

418
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Speaker 4: evening because you've done your day of work and want

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Speaker 4: to like unlined and shop.

420
00:19:02,880 --> 00:19:05,640
Speaker 2: Yeah that's so fair. I so get it. I need

421
00:19:05,680 --> 00:19:08,080
Speaker 2: to know more about you, though, So I want to know,

422
00:19:08,200 --> 00:19:10,760
Speaker 2: now what do you do for work? How much money

423
00:19:10,760 --> 00:19:11,479
Speaker 2: are you earning?

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00:19:11,600 --> 00:19:18,040
Speaker 4: Alrighty, so, I am a facilities and asset coordinator for

425
00:19:18,359 --> 00:19:23,760
Speaker 4: a clinical research company and I earn eighty thousand dollars

426
00:19:23,760 --> 00:19:24,080
Speaker 4: a year.

427
00:19:24,240 --> 00:19:26,840
Speaker 2: Talk to me, what is the facilities an asset manager?

428
00:19:26,920 --> 00:19:29,560
Speaker 2: I'm so sorry, am I am? I completely out of

429
00:19:29,600 --> 00:19:30,040
Speaker 2: the loop.

430
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Speaker 4: I also didn't know what that was until like a

431
00:19:33,400 --> 00:19:38,760
Speaker 4: year ago. So basically we look after buildings, the maintenance,

432
00:19:38,800 --> 00:19:42,640
Speaker 4: and then we organize all of that and anything inside them,

433
00:19:42,680 --> 00:19:46,080
Speaker 4: so medical equipment, making sure that's alsoviced and up to date.

434
00:19:46,240 --> 00:19:48,520
Speaker 6: Oh cool, Yeah, that's what I do.

435
00:19:48,600 --> 00:19:50,560
Speaker 5: Well, that's kind of fun. And you enjoy what you do.

436
00:19:50,720 --> 00:19:53,080
Speaker 4: Yeah, I love it. It's great, gives me, gives me

437
00:19:53,119 --> 00:19:53,639
Speaker 4: stuff to do.

438
00:19:53,880 --> 00:19:56,280
Speaker 5: And is that eighty K including or plus super?

439
00:19:56,400 --> 00:19:57,399
Speaker 6: Oh yeah plus super?

440
00:19:57,480 --> 00:19:57,720
Speaker 4: Sorry?

441
00:19:57,840 --> 00:20:01,119
Speaker 5: Oh, very sexy. So now talk to me.

442
00:20:01,280 --> 00:20:04,160
Speaker 2: You obviously had the big money goal of getting out

443
00:20:04,160 --> 00:20:06,960
Speaker 2: of debt and you killed it, and then in your

444
00:20:07,000 --> 00:20:10,080
Speaker 2: submission in you said, I also now have fifteen thousand

445
00:20:10,119 --> 00:20:12,960
Speaker 2: dollars to go towards a home deposit. Talk to me

446
00:20:13,160 --> 00:20:15,520
Speaker 2: about that. What's that looking like? Is that your big

447
00:20:15,520 --> 00:20:17,760
Speaker 2: money goal at the moment? Like, how far have we

448
00:20:17,840 --> 00:20:20,080
Speaker 2: got to go? Tell me all the stories about all

449
00:20:20,119 --> 00:20:20,600
Speaker 2: the goals.

450
00:20:20,720 --> 00:20:23,199
Speaker 6: Okay, so we are actually very close.

451
00:20:23,320 --> 00:20:26,320
Speaker 4: So this is a finance goal between myself and my

452
00:20:26,440 --> 00:20:32,119
Speaker 4: partner together on joint income, which is very exciting. Our

453
00:20:32,359 --> 00:20:37,760
Speaker 4: goal is seventy K and we are on track to

454
00:20:37,840 --> 00:20:41,400
Speaker 4: be there by November December this year.

455
00:20:41,720 --> 00:20:42,920
Speaker 5: No, you're not that soon.

456
00:20:43,240 --> 00:20:45,360
Speaker 6: Yeah, I know, it's very exciting.

457
00:20:45,800 --> 00:20:47,640
Speaker 2: And then what's the plan is that, like a twenty

458
00:20:47,680 --> 00:20:49,639
Speaker 2: percent deposit? Is that ten percent? Like, what are we

459
00:20:49,680 --> 00:20:51,320
Speaker 2: doing once we hit the seventy grand?

460
00:20:51,480 --> 00:20:56,800
Speaker 4: Okay, so seventy grand is just under ten percent for

461
00:20:56,880 --> 00:20:59,199
Speaker 4: what we're looking at, and we're going to cop the

462
00:20:59,320 --> 00:21:02,879
Speaker 4: LMI basically just because here in Perth, like the housing

463
00:21:02,920 --> 00:21:06,440
Speaker 4: market has started to rapidly grow, so we want to

464
00:21:06,480 --> 00:21:08,520
Speaker 4: get in there as soon as we can, because if

465
00:21:08,560 --> 00:21:11,479
Speaker 4: we waited and saved until we had ten twenty percent,

466
00:21:11,880 --> 00:21:14,040
Speaker 4: that'd be no chance of getting into a home.

467
00:21:14,160 --> 00:21:15,080
Speaker 5: Now, how'd you learn that?

468
00:21:15,240 --> 00:21:19,439
Speaker 2: Because that's something that I talk about on the daily

469
00:21:19,640 --> 00:21:21,960
Speaker 2: right because I own a mortgage broking business. Did you

470
00:21:22,000 --> 00:21:24,359
Speaker 2: speak to a mortgage broker? Is your partner just really

471
00:21:24,400 --> 00:21:27,080
Speaker 2: financially savvy and knew like how to do the maths

472
00:21:27,080 --> 00:21:29,200
Speaker 2: and work out what LMI might look like and what

473
00:21:29,359 --> 00:21:32,040
Speaker 2: would that look like? Like, where'd you get this information?

474
00:21:32,119 --> 00:21:32,480
Speaker 2: My love?

475
00:21:32,800 --> 00:21:34,320
Speaker 6: My dad is a mortgage broker.

476
00:21:34,720 --> 00:21:37,000
Speaker 2: Oh winn a winner. I was like, where are you

477
00:21:37,040 --> 00:21:39,639
Speaker 2: getting this? Because a mortgage broker has clearly how to

478
00:21:39,720 --> 00:21:42,480
Speaker 2: chat with you about the importance of LMI and whether

479
00:21:42,480 --> 00:21:44,200
Speaker 2: we pay it or don't pay it. Because some people

480
00:21:44,240 --> 00:21:47,680
Speaker 2: are so avoidant of it, but it can mean sometimes

481
00:21:47,680 --> 00:21:50,679
Speaker 2: you can get into property quicker. And like I just

482
00:21:50,720 --> 00:21:53,280
Speaker 2: finished recording another money diary, because I don't think it's

483
00:21:53,320 --> 00:21:55,159
Speaker 2: a secret that I sometimes do a couple in a

484
00:21:55,280 --> 00:21:59,080
Speaker 2: day this money. Diris bought her house for three hundred

485
00:21:59,119 --> 00:22:02,440
Speaker 2: and seventy five thousand dollars during COVID and is now

486
00:22:02,600 --> 00:22:06,639
Speaker 2: worth nine hundred and fifty thousand dollars. And if she

487
00:22:06,680 --> 00:22:09,359
Speaker 2: had waited until she had the twenty percent deposit, do

488
00:22:09,400 --> 00:22:11,639
Speaker 2: you think she would have got that? No?

489
00:22:11,640 --> 00:22:12,840
Speaker 6: No, that's the thing.

490
00:22:13,040 --> 00:22:14,879
Speaker 2: And I'm not saying that all property grows like that.

491
00:22:14,880 --> 00:22:17,199
Speaker 2: That's absolutely not the case. But it's just it's so

492
00:22:17,440 --> 00:22:21,320
Speaker 2: important to understand what risk actually means and is that

493
00:22:21,440 --> 00:22:23,520
Speaker 2: risk of LMI worth taking on?

494
00:22:23,800 --> 00:22:24,639
Speaker 6: Yeah, exactly.

495
00:22:24,880 --> 00:22:28,800
Speaker 4: So we've just decided that with where we are, it's

496
00:22:29,080 --> 00:22:31,760
Speaker 4: we don't mind taking that on. It'll fast track our

497
00:22:31,800 --> 00:22:34,720
Speaker 4: process into getting into a home, which is the major goal.

498
00:22:34,840 --> 00:22:35,800
Speaker 2: I'm obsessed.

499
00:22:36,040 --> 00:22:37,080
Speaker 5: I love that for you.

500
00:22:37,359 --> 00:22:39,760
Speaker 2: And then you've got like an area that you're going

501
00:22:39,840 --> 00:22:41,440
Speaker 2: to go shopping and have a look at, and you

502
00:22:41,600 --> 00:22:43,560
Speaker 2: kind of got an idea of what you guys want

503
00:22:43,560 --> 00:22:43,880
Speaker 2: to buy.

504
00:22:43,960 --> 00:22:44,520
Speaker 5: Is that right?

505
00:22:44,840 --> 00:22:47,800
Speaker 4: Yeah, So we've been having a look like my guilty

506
00:22:47,840 --> 00:22:50,159
Speaker 4: pleasure is looking at the housing market on almost a

507
00:22:50,280 --> 00:22:51,920
Speaker 4: daily daily space.

508
00:22:52,359 --> 00:22:54,080
Speaker 2: I'm not even shopping for a house right now, and

509
00:22:54,080 --> 00:22:56,760
Speaker 2: I have the real estate and domain notifications popping up

510
00:22:56,800 --> 00:22:59,639
Speaker 2: on my phone on the daily. I regret nothing.

511
00:22:59,760 --> 00:23:02,800
Speaker 6: It's like, Okay, this is what you're working towards. This

512
00:23:02,840 --> 00:23:03,240
Speaker 6: could be.

513
00:23:03,280 --> 00:23:05,760
Speaker 2: Yours, like, and I love checking the sold section and

514
00:23:05,760 --> 00:23:08,359
Speaker 2: I'm like, oh, I would not have paid that. You

515
00:23:08,400 --> 00:23:11,080
Speaker 2: don't have six million dollars. You were never even close.

516
00:23:11,600 --> 00:23:12,440
Speaker 6: Yeah, exactly.

517
00:23:13,960 --> 00:23:16,239
Speaker 4: So we've got an area, like it's sort of an

518
00:23:16,240 --> 00:23:19,640
Speaker 4: area in mind that's close to his family and my family,

519
00:23:19,840 --> 00:23:22,199
Speaker 4: and we're looking at a fullway two.

520
00:23:22,680 --> 00:23:26,600
Speaker 5: This is so cute. Oh, I love it. And then

521
00:23:27,080 --> 00:23:28,560
Speaker 5: the goal is to buy a home.

522
00:23:28,720 --> 00:23:30,879
Speaker 2: Have you thought about goals after that or have we

523
00:23:30,960 --> 00:23:33,080
Speaker 2: just got like our heads down, bums up and we're

524
00:23:33,080 --> 00:23:35,040
Speaker 2: just getting that done and we can talk later, or

525
00:23:35,040 --> 00:23:37,240
Speaker 2: are there other things happening along the sides.

526
00:23:37,440 --> 00:23:40,520
Speaker 4: So right now it's hustle house of hustle house is

527
00:23:40,560 --> 00:23:44,399
Speaker 4: the goal, But we have discussed like what our goals

528
00:23:44,440 --> 00:23:49,359
Speaker 4: are like after we've obtained the house, because we're actually

529
00:23:49,440 --> 00:23:52,199
Speaker 4: saving so much now, but even with the mortgage, like

530
00:23:52,400 --> 00:23:56,920
Speaker 4: our cash flow will increase when we have our house,

531
00:23:57,840 --> 00:23:59,239
Speaker 4: so you know, we want to do a little bit

532
00:23:59,240 --> 00:24:02,000
Speaker 4: of travel. Is we have put that off while we've

533
00:24:02,040 --> 00:24:05,719
Speaker 4: been on this savings journey as well. And I just

534
00:24:05,800 --> 00:24:08,680
Speaker 4: got engaged. Actually a couple of weeks.

535
00:24:08,440 --> 00:24:12,000
Speaker 5: I spot that on your finger and was going to us.

536
00:24:11,960 --> 00:24:15,520
Speaker 2: Because I was like, boyfriend, show me that ring, show

537
00:24:15,560 --> 00:24:19,800
Speaker 2: me show me yesure, Oh my god, that is so cute.

538
00:24:20,520 --> 00:24:20,919
Speaker 6: Thank you.

539
00:24:21,040 --> 00:24:23,520
Speaker 2: It was his NaN's no, what was it?

540
00:24:23,520 --> 00:24:25,800
Speaker 6: It was? And I think that's so sweet.

541
00:24:26,040 --> 00:24:27,120
Speaker 5: Nan had good taste.

542
00:24:27,480 --> 00:24:29,240
Speaker 6: I know. I'm so thankful.

543
00:24:29,280 --> 00:24:32,480
Speaker 5: We'll be for real. And that cut what's it called?

544
00:24:32,520 --> 00:24:33,639
Speaker 5: Is it a market diamond?

545
00:24:34,040 --> 00:24:34,240
Speaker 4: Yeah?

546
00:24:34,400 --> 00:24:37,800
Speaker 5: Yeah, that is very on trend at the moment it is.

547
00:24:37,920 --> 00:24:39,640
Speaker 5: I'm like, oh, thank you, Nan, and.

548
00:24:39,600 --> 00:24:43,800
Speaker 2: It's said gorgeously thank you. So the plan for all

549
00:24:43,800 --> 00:24:45,080
Speaker 2: wedding what does that look like?

550
00:24:45,440 --> 00:24:48,760
Speaker 4: So we're giving ourselves a couple of years until we

551
00:24:48,800 --> 00:24:52,760
Speaker 4: get married. So twenty twenty seven is the goal, because

552
00:24:53,440 --> 00:24:57,080
Speaker 4: otherwise it's just going to be too difficult to save

553
00:24:57,160 --> 00:25:00,560
Speaker 4: that amount because weddings are expensive, and even if you

554
00:25:00,680 --> 00:25:03,160
Speaker 4: don't want to go crazy wild with it, they just are.

555
00:25:03,560 --> 00:25:04,680
Speaker 6: They just are expensive.

556
00:25:04,840 --> 00:25:06,480
Speaker 2: I like that you seem to have your head screwed

557
00:25:06,520 --> 00:25:08,720
Speaker 2: on about this as well, because you can just get

558
00:25:08,800 --> 00:25:11,120
Speaker 2: so swept up in like, but I just got engaged

559
00:25:11,160 --> 00:25:12,919
Speaker 2: and I really want to get married, but you have

560
00:25:13,000 --> 00:25:14,720
Speaker 2: so much time ahead of you, and like that would

561
00:25:14,760 --> 00:25:17,600
Speaker 2: just put unnecessary financial pressure on you, exactly.

562
00:25:17,720 --> 00:25:20,159
Speaker 4: So we're just focusing on getting into the house and

563
00:25:20,160 --> 00:25:23,040
Speaker 4: then the wedding will come like in due time after that.

564
00:25:23,400 --> 00:25:26,280
Speaker 2: Oh I love this sea. She met him in debt

565
00:25:26,480 --> 00:25:28,000
Speaker 2: and now they're getting married.

566
00:25:28,600 --> 00:25:32,119
Speaker 4: I know it's crazy, and I wouldn't dream of getting

567
00:25:32,119 --> 00:25:33,520
Speaker 4: in any debt on a wedding.

568
00:25:33,760 --> 00:25:36,400
Speaker 2: No, no, no, no no. I feel like you're not able

569
00:25:36,440 --> 00:25:39,240
Speaker 2: to marry into a financial advisors family and get into

570
00:25:39,240 --> 00:25:41,280
Speaker 2: debt on the wedding. Like that's just not going to happen.

571
00:25:41,400 --> 00:25:43,320
Speaker 2: I don't think even if you wanted to try it,

572
00:25:43,359 --> 00:25:45,800
Speaker 2: your partner would be like absolutely.

573
00:25:45,080 --> 00:25:47,040
Speaker 6: Not, absolutely not. No no.

574
00:25:47,160 --> 00:25:49,000
Speaker 2: Yeah, yeah, So I feel like he's going to keep

575
00:25:49,040 --> 00:25:52,120
Speaker 2: you kind of on the straight and narrow too, I think, so, yeah,

576
00:25:52,280 --> 00:25:54,560
Speaker 2: I love that. So let's go to a really quick

577
00:25:54,560 --> 00:25:56,959
Speaker 2: break on the flip side. I want to talk about investing.

578
00:25:57,040 --> 00:25:59,440
Speaker 2: I want to talk about debt a little bit more.

579
00:25:59,600 --> 00:26:02,320
Speaker 2: And you're good and bad money habitat you guys don't

580
00:26:02,320 --> 00:26:09,160
Speaker 2: go anywhere. All right, muddy diarist, We are back and

581
00:26:10,000 --> 00:26:13,880
Speaker 2: you've just gotten engaged to a financial advisor. Let's talk investments.

582
00:26:14,280 --> 00:26:17,199
Speaker 2: Are these conversations that happen around your household? Or is

583
00:26:17,200 --> 00:26:19,800
Speaker 2: it all just about saving for a property like talk

584
00:26:19,880 --> 00:26:20,080
Speaker 2: to me?

585
00:26:20,280 --> 00:26:20,720
Speaker 6: Okay.

586
00:26:20,840 --> 00:26:25,159
Speaker 4: So I had no clue of investments prior to but

587
00:26:25,760 --> 00:26:29,120
Speaker 4: I have since then learnt a lot. So I now

588
00:26:29,160 --> 00:26:33,040
Speaker 4: invest in a couple of things. I use the raised

589
00:26:33,160 --> 00:26:37,400
Speaker 4: roundups tool yep, love, and I only started that recently,

590
00:26:37,480 --> 00:26:39,679
Speaker 4: and that's sitting at a couple hundred dollars now, So

591
00:26:39,760 --> 00:26:42,520
Speaker 4: that's a really good little one there. I don't even

592
00:26:42,560 --> 00:26:46,120
Speaker 4: notice comes out of my account really. And then the

593
00:26:46,160 --> 00:26:50,040
Speaker 4: other one that I am invested in is a high

594
00:26:50,119 --> 00:26:51,840
Speaker 4: growth index fund with Vanguard.

595
00:26:52,200 --> 00:26:54,679
Speaker 2: Yep love, who told you to get that?

596
00:26:54,680 --> 00:26:57,000
Speaker 4: That was also my partner, He suggested it.

597
00:26:57,119 --> 00:27:00,000
Speaker 2: So this man is setting you up for future financial success,

598
00:27:00,160 --> 00:27:02,520
Speaker 2: with or without him an icon, I think so.

599
00:27:02,720 --> 00:27:07,840
Speaker 4: Like, I'm just so thankful for the education because it's

600
00:27:07,880 --> 00:27:11,560
Speaker 4: not something that the average person knows about, and I

601
00:27:11,600 --> 00:27:14,119
Speaker 4: am the average person when it comes to finance. I

602
00:27:14,119 --> 00:27:17,840
Speaker 4: had no clue that there's this whole other world of

603
00:27:18,400 --> 00:27:23,240
Speaker 4: investing of ways to save. I mean, like my savings

604
00:27:23,320 --> 00:27:26,719
Speaker 4: right now are sitting in an investment portfolio, so that

605
00:27:26,760 --> 00:27:29,439
Speaker 4: will grow, and that's just really exciting to look at

606
00:27:29,440 --> 00:27:30,720
Speaker 4: it and go, Wow, I did that.

607
00:27:30,840 --> 00:27:33,639
Speaker 2: It's just so gratifying, going this is not who I

608
00:27:33,640 --> 00:27:35,680
Speaker 2: thought i'd ever become, and I'm really proud of who

609
00:27:35,720 --> 00:27:38,000
Speaker 2: she is now. Like, isn't it cool to just step

610
00:27:38,040 --> 00:27:41,080
Speaker 2: back and be like, holy moly, Like I didn't think

611
00:27:41,119 --> 00:27:41,440
Speaker 2: i'd be.

612
00:27:41,440 --> 00:27:44,800
Speaker 4: Here bigtime, Like I had no idea that I was

613
00:27:44,840 --> 00:27:48,280
Speaker 4: going to be somebody who actually had savings.

614
00:27:48,440 --> 00:27:53,000
Speaker 2: That's sexy. That is very sexy. I love that money. Diarist,

615
00:27:53,359 --> 00:27:55,400
Speaker 2: talk to me about debt. Now, do you think you'd

616
00:27:55,400 --> 00:27:56,520
Speaker 2: ever go back into debt?

617
00:27:56,760 --> 00:27:59,560
Speaker 4: I don't think you would ever go back into shopping

618
00:27:59,600 --> 00:28:03,320
Speaker 4: debt or anything like that. I do still have a

619
00:28:03,400 --> 00:28:07,080
Speaker 4: car loan that i'm paying off, so unfortunately I'm not

620
00:28:07,200 --> 00:28:10,159
Speaker 4: fully debt free. But that one's a bit of a

621
00:28:10,240 --> 00:28:12,680
Speaker 4: large one that is going to take a bit of time.

622
00:28:12,720 --> 00:28:14,200
Speaker 6: I've got a year left on that one.

623
00:28:14,280 --> 00:28:16,840
Speaker 2: Oh okay, that's not too long. You'll be out of

624
00:28:16,840 --> 00:28:19,720
Speaker 2: it before you get married, yeah, which is exciting.

625
00:28:19,920 --> 00:28:23,000
Speaker 4: So there's that, and then like I've just started journey,

626
00:28:23,160 --> 00:28:26,359
Speaker 4: so a hex step may creep up on me as well.

627
00:28:26,440 --> 00:28:30,680
Speaker 2: But that's education. That's very different to a debt for shopping.

628
00:28:31,080 --> 00:28:31,639
Speaker 6: I think. So.

629
00:28:32,080 --> 00:28:34,440
Speaker 2: I love that, So talk to me a bit more.

630
00:28:34,800 --> 00:28:35,200
Speaker 5: I reckon.

631
00:28:35,240 --> 00:28:37,359
Speaker 2: You've developed a number of good money habits over the

632
00:28:37,480 --> 00:28:39,840
Speaker 2: last few months. What do you think your best money

633
00:28:39,840 --> 00:28:40,360
Speaker 2: habit is.

634
00:28:40,880 --> 00:28:45,360
Speaker 4: I would say that my best money habit is probably

635
00:28:46,120 --> 00:28:50,160
Speaker 4: the fact that when I get paid now, the first

636
00:28:50,200 --> 00:28:54,600
Speaker 4: thing that happens is my money goes into my investments,

637
00:28:54,960 --> 00:28:58,480
Speaker 4: into my savings. That happens before anything else.

638
00:28:58,720 --> 00:29:00,520
Speaker 6: It's like highly proitize.

639
00:29:00,560 --> 00:29:00,760
Speaker 4: Now.

640
00:29:00,920 --> 00:29:03,680
Speaker 2: I love that. And do you still have any bad

641
00:29:03,760 --> 00:29:06,000
Speaker 2: money habits? If so, what are they? Please spill?

642
00:29:06,280 --> 00:29:09,000
Speaker 4: Oh, book, I'm work in an office, so I buy

643
00:29:09,240 --> 00:29:12,280
Speaker 4: a lot of coffees. The way that I've managed that, though,

644
00:29:12,560 --> 00:29:16,640
Speaker 4: is that I can sorry package and meal an entertainment card.

645
00:29:16,840 --> 00:29:20,320
Speaker 4: Oh smart, So I use that as like my coffee

646
00:29:20,320 --> 00:29:21,440
Speaker 4: and lunches allowance.

647
00:29:21,560 --> 00:29:22,880
Speaker 5: Yeah, oh how good.

648
00:29:22,920 --> 00:29:24,600
Speaker 2: At least you're being smart with it, because, like I

649
00:29:24,640 --> 00:29:26,520
Speaker 2: think for some of us, we're like, I shouldn't do

650
00:29:26,600 --> 00:29:28,360
Speaker 2: this at all, and then every week we're still doing it.

651
00:29:28,360 --> 00:29:29,680
Speaker 2: At least you're being smart with it.

652
00:29:29,840 --> 00:29:31,680
Speaker 4: Yeah, and then I don't want that guilt of like

653
00:29:31,920 --> 00:29:34,120
Speaker 4: feeling bad for going to get a coffee and stuff,

654
00:29:34,120 --> 00:29:36,520
Speaker 4: because it is also quite like a social thing and

655
00:29:36,560 --> 00:29:39,360
Speaker 4: it helps when it comes to work and the people

656
00:29:39,400 --> 00:29:41,320
Speaker 4: that you work with. So I wanted to be able

657
00:29:41,360 --> 00:29:45,480
Speaker 4: to go get my coffee and it not feel like

658
00:29:45,600 --> 00:29:47,360
Speaker 4: I'm being bad.

659
00:29:47,760 --> 00:29:48,000
Speaker 6: Yeah.

660
00:29:48,040 --> 00:29:49,720
Speaker 2: No, I love that, and I love that it's like

661
00:29:49,800 --> 00:29:51,960
Speaker 2: kind of built into your budget that way, and it

662
00:29:52,120 --> 00:29:55,960
Speaker 2: just makes sense money. Diarist, talk me through a little

663
00:29:56,000 --> 00:29:59,760
Speaker 2: bit more about this B plus. So at the start

664
00:29:59,800 --> 00:30:01,680
Speaker 2: of episode you were like, I reckon, I'm a B

665
00:30:01,760 --> 00:30:04,280
Speaker 2: plus And like, girl, you have come so far. You

666
00:30:04,320 --> 00:30:06,120
Speaker 2: said twelve months ago you would have been an F

667
00:30:06,480 --> 00:30:08,440
Speaker 2: and now you think you'll be a B plus. But like,

668
00:30:08,720 --> 00:30:10,360
Speaker 2: what do you think? Like, I feel like you're well

669
00:30:10,400 --> 00:30:12,560
Speaker 2: on the way, Like you've got this house, deposit savings,

670
00:30:12,560 --> 00:30:15,520
Speaker 2: You've got shit together, basically, Like what would it take

671
00:30:15,600 --> 00:30:16,240
Speaker 2: for you to say.

672
00:30:16,160 --> 00:30:18,640
Speaker 5: V I'm an A? Like what do we have to change?

673
00:30:18,920 --> 00:30:22,480
Speaker 4: I think I'm just afraid to give myself an A

674
00:30:22,720 --> 00:30:25,080
Speaker 4: in case I fall back into like I'll.

675
00:30:24,960 --> 00:30:26,880
Speaker 5: Give you an A if that's it, I'm going to

676
00:30:26,920 --> 00:30:27,520
Speaker 5: give you the A.

677
00:30:27,800 --> 00:30:30,440
Speaker 2: I think you're doing so well, like you have changed

678
00:30:30,560 --> 00:30:33,080
Speaker 2: so much, all your habits is so good. I'm like,

679
00:30:33,360 --> 00:30:35,200
Speaker 2: I don't want to argue with her because like she's

680
00:30:35,200 --> 00:30:36,320
Speaker 2: had a really good growth.

681
00:30:36,080 --> 00:30:36,920
Speaker 5: Over the last two months.

682
00:30:36,960 --> 00:30:38,240
Speaker 2: If you're saying it's just because you don't want to

683
00:30:38,240 --> 00:30:41,560
Speaker 2: give yourself an A girl, girl, you are an A

684
00:30:41,760 --> 00:30:43,440
Speaker 2: and you need to give it to yourself.

685
00:30:44,000 --> 00:30:44,560
Speaker 6: Thank you.

686
00:30:44,640 --> 00:30:47,360
Speaker 4: I just just in case I like fall into like

687
00:30:47,400 --> 00:30:49,920
Speaker 4: a bad habit, I don't want to like disappoint myself.

688
00:30:49,960 --> 00:30:51,760
Speaker 2: For you can fall into a bad habit. We can

689
00:30:51,800 --> 00:30:54,600
Speaker 2: go backwards, but then we can go forwards again. We

690
00:30:54,640 --> 00:30:58,160
Speaker 2: can go back and forwards. Like there's no perfect Like

691
00:30:58,240 --> 00:31:01,520
Speaker 2: I don't know if people pay heaps and heaps of

692
00:31:01,520 --> 00:31:04,000
Speaker 2: attention to the grades on the show, but for me,

693
00:31:04,480 --> 00:31:06,840
Speaker 2: it's a lot about personal growth. It's not so much

694
00:31:06,840 --> 00:31:10,320
Speaker 2: about grading because like there's no real criteria, right, Like

695
00:31:10,360 --> 00:31:11,960
Speaker 2: I go, how do you feel about it? And you go,

696
00:31:12,080 --> 00:31:14,640
Speaker 2: I reckon, I'm a B plus they go, great, tell

697
00:31:14,680 --> 00:31:16,880
Speaker 2: me about it. And then we get through this show,

698
00:31:17,000 --> 00:31:18,640
Speaker 2: and then we get to the end of it. And

699
00:31:19,360 --> 00:31:22,240
Speaker 2: more often than not, you know, we've had some people

700
00:31:22,240 --> 00:31:25,400
Speaker 2: who are genuinely pretty on the money with their money

701
00:31:25,520 --> 00:31:28,040
Speaker 2: habits and their grade. But then we get people like

702
00:31:28,080 --> 00:31:33,760
Speaker 2: you consistently who we're women, and we consistently undervalue ourselves

703
00:31:33,840 --> 00:31:36,000
Speaker 2: and go, oh, well, just be a little bit behigh,

704
00:31:36,040 --> 00:31:38,120
Speaker 2: like I wouldn't be in a I wouldn't want to

705
00:31:38,160 --> 00:31:40,720
Speaker 2: give myself an A. And we reframe it and you

706
00:31:40,760 --> 00:31:43,800
Speaker 2: go hold on probably being a little bit critical or

707
00:31:43,840 --> 00:31:46,880
Speaker 2: a little bit harsh because it's it's not a set. Instead,

708
00:31:46,960 --> 00:31:49,320
Speaker 2: there's no criteria, like there's no shees on the money

709
00:31:49,320 --> 00:31:52,160
Speaker 2: criteria and they never will be of how to create

710
00:31:52,200 --> 00:31:55,040
Speaker 2: an A. But it's how you see yourself. And I

711
00:31:55,080 --> 00:31:58,320
Speaker 2: think it's just give yourself the credit, babe, like you

712
00:31:58,440 --> 00:32:01,240
Speaker 2: deserve too, like pop more champagne more often.

713
00:32:01,520 --> 00:32:02,720
Speaker 6: Thank you, thank you.

714
00:32:03,040 --> 00:32:03,640
Speaker 5: I love it.

715
00:32:03,720 --> 00:32:06,040
Speaker 2: Oh my goodness. I wish I had more time to

716
00:32:06,120 --> 00:32:07,640
Speaker 2: chat with you because I think that we'd get on

717
00:32:07,760 --> 00:32:10,480
Speaker 2: so well in real life, but unfortunately we are running

718
00:32:10,480 --> 00:32:13,120
Speaker 2: out of time. So thank you so much for sharing

719
00:32:13,120 --> 00:32:15,280
Speaker 2: your money. I'm obsessed, like I just know that other

720
00:32:15,280 --> 00:32:16,719
Speaker 2: people are going to listen to this and go, oh

721
00:32:16,760 --> 00:32:19,440
Speaker 2: my goodness, I getting so relate to this shopping habit

722
00:32:19,600 --> 00:32:23,080
Speaker 2: or even our conversation about spiraling out of control. And

723
00:32:23,080 --> 00:32:27,640
Speaker 2: then we're buying grocery vouchers, like it happens, it can

724
00:32:27,640 --> 00:32:29,320
Speaker 2: happen to the best of us. And I think that

725
00:32:29,840 --> 00:32:32,600
Speaker 2: you are so articulate and come across as so intelligent

726
00:32:32,600 --> 00:32:34,560
Speaker 2: that it's like, can literally happen to anyone.

727
00:32:34,640 --> 00:32:35,680
Speaker 5: Guys, like, it's.

728
00:32:35,480 --> 00:32:37,520
Speaker 2: A slippery slope. And when I say that it's not,

729
00:32:38,000 --> 00:32:40,000
Speaker 2: Oh yeah, it's a slippery slope, you'll end up buying

730
00:32:40,040 --> 00:32:43,160
Speaker 2: heaps of shoes. That's not it at all. No, And

731
00:32:43,240 --> 00:32:45,280
Speaker 2: so I think this has been a really beautiful story

732
00:32:45,400 --> 00:32:48,040
Speaker 2: to like share that with people and then also share that,

733
00:32:48,160 --> 00:32:50,640
Speaker 2: like so many things I've gotten out of this, you

734
00:32:50,640 --> 00:32:52,719
Speaker 2: can get into a relationship and be in debt and

735
00:32:52,760 --> 00:32:56,200
Speaker 2: it be fine. How many times have we like thought, oh, no,

736
00:32:56,480 --> 00:32:57,280
Speaker 2: I can't do that.

737
00:32:57,320 --> 00:32:59,440
Speaker 5: I shouldn't be dating. I'm in personal debt.

738
00:33:00,120 --> 00:33:02,960
Speaker 2: Commute here i am, and I'm married to the husband

739
00:33:02,960 --> 00:33:05,640
Speaker 2: that I met on Tinder while in debt. Yeah. I

740
00:33:05,680 --> 00:33:07,360
Speaker 2: just feel like I have learned a lot from you,

741
00:33:07,440 --> 00:33:09,600
Speaker 2: and I'm really grateful for it. So money, DRIs, thank you,

742
00:33:09,640 --> 00:33:11,400
Speaker 2: and I just know that the community is going to

743
00:33:11,440 --> 00:33:12,560
Speaker 2: be as obsessed as I am.

744
00:33:12,720 --> 00:33:13,480
Speaker 6: Thank you so much.

745
00:33:13,560 --> 00:33:15,800
Speaker 4: It's been so nice to be able to share my story.

746
00:33:15,960 --> 00:33:17,719
Speaker 5: Oh I'm so grateful. Thank you.

747
00:33:24,120 --> 00:33:26,680
Speaker 2: The advice shared on She's on the Money is general

748
00:33:26,720 --> 00:33:30,600
Speaker 2: in nature and does not consider your individual circumstances. She's

749
00:33:30,600 --> 00:33:34,080
Speaker 2: on the Money exists purely for educational purposes and should

750
00:33:34,120 --> 00:33:37,240
Speaker 2: not be relied upon to make an investment or financial decision.

751
00:33:37,680 --> 00:33:39,920
Speaker 5: If you do choose to buy a financial.

752
00:33:39,480 --> 00:33:43,480
Speaker 7: Product, read the PDS TMD and obtain appropriate financial.

753
00:33:43,040 --> 00:33:44,840
Speaker 2: Advice tailored towards your needs.

754
00:33:45,200 --> 00:33:49,160
Speaker 7: Victoria Divine and She's on the Money are authorized representatives

755
00:33:49,200 --> 00:33:53,080
Speaker 7: of money. Sheper pty Ltd ABN three two one IS

756
00:33:53,120 --> 00:33:56,959
Speaker 7: six four nine two seven seven zero eight AFSL four

757
00:33:57,080 --> 00:34:08,680
Speaker 7: five one two eight nine