Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud your
Speaker 1: the Order Kerni Whalbury and a waddery woman. And before
Speaker 1: we get started on She's on the Money podcast, I
Speaker 1: would like to acknowledge the traditional custodians of the land
Speaker 1: of which this podcast is recorded on a wondery country,
Speaker 1: acknowledging the elders, the ancestors and the next generation coming
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 1: and the storytelling of you to make a difference for
Speaker 1: today and lasting impact for tomorrow.
Speaker 2: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 4: Hello, and welcome to She's I'm the Money the Podcast
Speaker 4: Millennials who want financial freedom. Welcome back to another shot
Speaker 4: back Money Diary Monday, where we get to chat to
Speaker 4: one of our beautiful community members to learn all about
Speaker 4: them and their money and their story and all of
Speaker 4: the other fun bits and pieces in between. Victoria, I
Speaker 4: have a little bit of an international one feature.
Speaker 2: So when International Money diaryest I love this.
Speaker 4: Well, now she's here, but let me tell you all
Speaker 4: about it. Let's go, she said, I migrated to Australia
Speaker 4: for the first time in twenty twelve from Spain. My
Speaker 4: family did not believe in me. I learned English and
Speaker 4: I took on a fifty thousand dollar loan to do
Speaker 4: the master's degree of my dreams in psychology. I finally
Speaker 4: got the English score needed to get in, having failed
Speaker 4: that English test seven times.
Speaker 2: Oh my gosh, what a hustler.
Speaker 4: I said about paying for the loan, working night shifts
Speaker 4: in disability care while studying. I am about to become
Speaker 4: a clinical psychologist and a brand new Australian citizen and
Speaker 4: have the goal salary of my dreams.
Speaker 2: Oh my gosh, what a queen. Imagine doing something seven times.
Speaker 2: If that's not the definition of lockdown and just getting
Speaker 2: back up and trying again, I don't know what it is.
Speaker 1: I know.
Speaker 4: I'm so excited to hear all from our money diarist today.
Speaker 4: Thank you so much for joining us, Thank.
Speaker 5: You for having me.
Speaker 2: Welcome to the show. I am so excited that you
Speaker 2: are here. Can we just dive straight in? I want
Speaker 2: to know talk to us. Can you tell us a
Speaker 2: little bit about your money story. Yeah.
Speaker 5: I grew up in a family of five in Barcelona,
Speaker 5: so I have two sisters and my parents came from
Speaker 5: quite humble backgrounds, so money was tight in the family
Speaker 5: growing up, but we always had food and a place
Speaker 5: to live at I feel like my parents were really
Speaker 5: good budgeting, so I didn't really see that much struggles
Speaker 5: with their finances, but I felt a bit restricted, like
Speaker 5: doing extra things like extra curricular activities or buying things
Speaker 5: when it wasn't my birthday. But I feel very grateful
Speaker 5: that they were able to budget and provide all the
Speaker 5: basics and necessaries that I needed.
Speaker 2: Love or I want to know what do you do
Speaker 2: for work now? And how much money do you earn
Speaker 2: at the moment.
Speaker 5: I'm a general psychologist and I aarn between eighty and
Speaker 5: ninety thousand.
Speaker 2: Very cool, And how long have you been earning that?
Speaker 5: Not long? I believe it has been over a year now.
Speaker 4: That's so exciting. And you said in your email that
Speaker 4: that's a goal or your dream salary. That must have
Speaker 4: been so exciting for you to have worked so hard
Speaker 4: and taken that test so many times and done all
Speaker 4: of your study to finally hit that. What was that
Speaker 4: moment like when you got the job offer or the
Speaker 4: notice that you were going to hit the salary that
Speaker 4: you had been dreaming of Yeah.
Speaker 5: Well, my goal salary is a hundred thousand, so at
Speaker 5: the end of this year I will become a clinical
Speaker 5: psychologist and then they'll put me between aundred and one
Speaker 5: hundred and ten. And yes, that's going to be a
Speaker 5: very special moment.
Speaker 4: Oh, I'm so excited for you.
Speaker 2: Congratulation, that's so exciting. Oh my gosh. All right, I
Speaker 2: want to know. Obviously that was a big money goal,
Speaker 2: but what is currently your big money goal?
Speaker 5: I have a few, So when I think of money goals,
Speaker 5: I imagine myself having both the property in Barcelona and
Speaker 5: also a house an investment house in Brisbane before the Olympics,
Speaker 5: and being able to have the means to spend ten
Speaker 5: months in Australia, working in two months in Spain every
Speaker 5: year and living comfortably.
Speaker 2: Love or I want to know next, do you have
Speaker 2: any investments? If so, what are they At the moment?
Speaker 5: I think my biggest investment is the master's I did,
Speaker 5: which was my education that got me to where I
Speaker 5: am and I'm still paying for it a bit. And
Speaker 5: another investments that I have I have a long term
Speaker 5: deposits account, savings account and the superannuation as well.
Speaker 4: Superanuation is a big one. Yeahs filling people. It's their
Speaker 4: first investment.
Speaker 2: It is their first investment. How has your super been going?
Speaker 2: Have you been tracking along nicely or is that brand
Speaker 2: new with your brain a new job?
Speaker 5: Well, I know I haven't been tracking on it much
Speaker 5: until I became more educated listening to the podcast, and
Speaker 5: then I have been keeping an eye making sure I
Speaker 5: get paid on the superanoation on time and seeing how
Speaker 5: that grows.
Speaker 4: Oh good, keeping an eye on it is so important
Speaker 4: because as much as it's meant to be always looked after,
Speaker 4: as we know from the show, sometimes that's not always
Speaker 4: the case. Good that you're keeping an eye on it.
Speaker 2: Next question I've got for you is do you have
Speaker 2: any debts?
Speaker 5: I do? I have some money that I had. I
Speaker 5: have to still pay for my master's loan. So I
Speaker 5: took on a fifty thousand dollars loan and at the moment,
Speaker 5: I believe it's under sixteen thousand dollars.
Speaker 2: How did that work you?
Speaker 4: Were you a citizen when you started your master's or
Speaker 4: were you doing it as an international student?
Speaker 5: That's a good question. So I had to ask for
Speaker 5: a loan in Spain because they want to give it
Speaker 5: to me, so money had to co sign.
Speaker 2: Oh my goodness, Oh my gosh, how stressful.
Speaker 5: Yes, and she thought because in the Spain and masters
Speaker 5: can be like five thousand euros.
Speaker 2: So she really.
Speaker 5: Yes, she thought I was completely crazy taking on that
Speaker 5: much money.
Speaker 4: Yes, I want fifty thousand dollars. And she's like, what
Speaker 4: for it?
Speaker 2: Would you want that? Especially, as she said before, she
Speaker 2: was really good at budgeting and saving and you know,
Speaker 2: being good with her money. She would have been like,
Speaker 2: oh my gosh.
Speaker 5: Yeah, she didn't believe that after you do that course
Speaker 5: you get a good salary, because in the Spain it's
Speaker 5: hard to find jobs even though you are very well trained.
Speaker 5: And so she made me take the loan in two
Speaker 5: different parts, one for the first year and the seconde
Speaker 5: for the second year, being very cautious and it took
Speaker 5: a lot of effort to get her to call sign.
Speaker 2: Oh, but you did it, and I'm sure she's very
Speaker 2: proud of you.
Speaker 5: Now. Yes, yeah, I have proved her that it was useful.
Speaker 5: So yes, she's very happy.
Speaker 2: Oh I love it all right. Next question I've got
Speaker 2: for you is do you use shop Back? If so,
Speaker 2: what are you buying.
Speaker 5: I've only used it one and I bought the tickets
Speaker 5: to see you guys.
Speaker 2: No, did you actually up?
Speaker 4: I love the EU shot back for she's on the
Speaker 4: money event like that is that is artest way to
Speaker 4: do it. That is she's on the money through and through.
Speaker 2: Absolutely it is all right. My next question, my friend,
Speaker 2: is what's your best money habit? Do you think? I
Speaker 2: think the.
Speaker 5: Best money habit is the long term the posit I
Speaker 5: have the savings I have is when I pen my
Speaker 5: student loan the first of each month, I also pay
Speaker 5: for those savings, so it's like a bill. It's a
Speaker 5: car direct transfer. So I need to make sure I
Speaker 5: have the money every month and I take it as
Speaker 5: a bill, so I always have that money ready and
Speaker 5: it just accumulates on the savings.
Speaker 2: Love. I feel like that's really smart. Next question I
Speaker 2: have though, what's your worst money habit?
Speaker 5: I mean, I have money, but my partner says that
Speaker 5: I buy tickets for the Price Home Lottery, so I
Speaker 5: have a membership.
Speaker 2: You have a membership with it?
Speaker 5: Yeah, I have the VP membership. So every month I
Speaker 5: did like sixty dollars, I think for you and I
Speaker 5: get tickets and.
Speaker 4: Charity thing, isn't it?
Speaker 2: Yeah?
Speaker 4: Yeah, you consider it a charitable contribution, which I think
Speaker 4: is not the worst.
Speaker 5: Yeah, that's what I say to him.
Speaker 2: Oh my gosh. I love so hard when they say
Speaker 2: that their money habit is that, because obviously it's like
Speaker 2: not that detrimental, but it's also just like so in
Speaker 2: opposite to what we do. But who are way to
Speaker 2: judge your money values. If you know what you're doing
Speaker 2: and you're excited about it, I want you to spend
Speaker 2: your money on that, as long as it's in an
Speaker 2: educated way, right. Yeah.
Speaker 5: I think this comes from my partents when they were
Speaker 5: working at the same company and the company went bankrupt.
Speaker 5: So then they want a little bit of a local
Speaker 5: lottery and they could start their own news agency business.
Speaker 2: Did they really?
Speaker 5: You always have the hole?
Speaker 4: Yes, what are the chances that they won, like a local?
Speaker 4: How much did they win? Was it a I mean
Speaker 4: for them to be at a stuf business, I would
Speaker 4: assume they want a little bit, right.
Speaker 5: Yeah, what my mom never told me she really Yeah,
Speaker 5: she doesn't give exact numbers, but yeah, this gives me
Speaker 5: hope that people win this.
Speaker 2: Yeah, I can't believe you know someone who's done that.
Speaker 2: I was about to say to you, Oh my gosh,
Speaker 2: if you win, please call us, because we've never met
Speaker 2: someone who's won the Home Lottery. So what we're calling
Speaker 2: out now is, if you want the Home Lottery, call me.
Speaker 2: I want your money to die. Yeah. Okay, oh my gosh,
Speaker 2: how good? All right? So really quick question before we
Speaker 2: go to a quick break is what grade would you
Speaker 2: give yourself if we forced you to give yourself a
Speaker 2: money grade?
Speaker 5: I feel maybe B minus, B minus you reckon? I
Speaker 5: think I could be investing more. I feel like I
Speaker 5: make the most of the morney I get, but I
Speaker 5: could be a bit better.
Speaker 2: What would it take to be better in your world?
Speaker 5: Maybe reducing my lottery membership? And sometimes I like to
Speaker 5: buy things for people budgeting on that well, or when
Speaker 5: I see something that I like sometimes I also by it.
Speaker 5: So cutting down on those things.
Speaker 2: A bit smart? Smart? All right, We have a few questions,
Speaker 2: but we'll hold off on them until we're back from
Speaker 2: this really quick break.
Speaker 4: All right, money, direst, I want to ask you about
Speaker 4: English being your second language, which you can't even really tell,
Speaker 4: like your English is incredibly good, but to fail in
Speaker 4: English tests seven times, and obviously you needed to pass
Speaker 4: that test to be able to complete your degree, which
Speaker 4: was really important to you. I being honest, if I
Speaker 4: failed something seven times, I don't know that I could
Speaker 4: have the will power to try it again. How did
Speaker 4: you motivate yourself? Because I think languages are so hard,
Speaker 4: and English particularly is a language that just makes no sense,
Speaker 4: Like there are so many little nuances and things that
Speaker 4: I think for people, even for people who do grow
Speaker 4: up speaking as their first language, it's really freaking hard.
Speaker 4: And then someone coming in and learning it as an adult,
Speaker 4: I can imagine that would be so challenging. How did
Speaker 4: you manage to go, oh, my gosh, I failed again,
Speaker 4: Like you would have studied really hard and thought you'd
Speaker 4: done the best that you could, and then to find
Speaker 4: out you failed and go Okay, well, yes, I'm just
Speaker 4: going to try again, Especially when your mom was like, oh,
Speaker 4: maybe it's not worth it. How did you manage to
Speaker 4: do that?
Speaker 5: I feel like my mom saying this, it gave me
Speaker 5: more motivation to try again. So I look for when
Speaker 5: I fell six times, I look for a really good
Speaker 5: English school, and I did a preparation again for the exam.
Speaker 5: And I remember having a child with my mom and
Speaker 5: my mom said, open your eyes and you might not
Speaker 5: be able to go on Australian University. You're from Spain,
Speaker 5: and that gave me the strength to say, yes, I
Speaker 5: can do this. And I said to myself, I tried
Speaker 5: just one more time, and that time I got it.
Speaker 2: Oh my gosh, Oh yes, Queen, try I try and
Speaker 2: try again. It obviously pays off. I love that so much.
Speaker 2: I just I agree with you, Jess. I don't think
Speaker 2: I would have the tenacity to keep going on. I
Speaker 2: would love to think I would, right, like in a
Speaker 2: perfect world that's what we all do, but that would
Speaker 2: wear me down like three times, and I think I'd
Speaker 2: be like, you know what, this maybe isn't for me.
Speaker 2: But I'm so proud of you, even though I do
Speaker 2: not have the deservingness to be proud of you. I
Speaker 2: just feel like I want to hug you and be like, yes,
Speaker 2: we did it. We're so lucky to have you.
Speaker 4: So did you have to pass that test before you
Speaker 4: started your masters or was it like at a midway
Speaker 4: point before.
Speaker 5: So it's a test that you need to get certain
Speaker 5: scored in breathing, listening, speaking, and I wasn't getting that
Speaker 5: score in writing over and.
Speaker 2: Over writing is hard.
Speaker 4: Yeah, the grammar and stuff, and I've yeah, I totally
Speaker 4: yet why that is really challenging. How did you find
Speaker 4: studying a full master's degree in a language that's not
Speaker 4: your own, Because that's crazy again, Like I I couldn't
Speaker 4: even imagine doing a master's degree, let alone. If you
Speaker 4: said to me, can you take it in Spanish, I'd
Speaker 4: be like, poor quere Like, I mean that was good
Speaker 4: Spanish though, good work for one word. I know.
Speaker 5: It was definitely challenging and quite draining putting all the
Speaker 5: mental effort. But at the same time, being in psychology
Speaker 5: and having a lot of placement, I always thought that
Speaker 5: emotions are universal, so there was all of this part
Speaker 5: that had nothing to do with the language, and it
Speaker 5: was more about connecting with a person. And with all
Speaker 5: the assessments. I had teachers who could help me as
Speaker 5: well review my assessments and give me advice, so they
Speaker 5: were very welcoming. There were a couple of more international
Speaker 5: students as well.
Speaker 4: Yeah, Australia has a really high level of international students
Speaker 4: studying here, which is awesome. Did your university have provisions
Speaker 4: in place to assist you, like, did you have resources
Speaker 4: that were available to help with like translation, or to
Speaker 4: help with like any of those little things that might
Speaker 4: come up that you wouldn't be prepared for while you
Speaker 4: were studying.
Speaker 5: Yeah, I believe they had services to help with the
Speaker 5: writing and taking the assessments. At that time, I had
Speaker 5: been in Australia for a few years, so I didn't
Speaker 5: use them that much, but they did have a lot
Speaker 5: of help.
Speaker 4: You said before, the goal or your end goal was
Speaker 4: to spend you know, ten months here and two months
Speaker 4: back home, which would be amazing. That sounds like an
Speaker 4: absolute dream if you did that, would you take those
Speaker 4: two months as a holiday or would you want to
Speaker 4: be working over there as a psychologist at the same time.
Speaker 5: Yeah, that's a good question. I haven't figured out yet,
Speaker 5: but I think being able to work there it would
Speaker 5: be great. It's always an open door if I want
Speaker 5: to stay any longer, or if I want to see
Speaker 5: clients for a month and then take a month off.
Speaker 4: Yeah, incredible. How does your mom feel now now that
Speaker 4: you've completed your degree? She was a little bit dubious
Speaker 4: at the start, and then obviously you've done it, You've
Speaker 4: now got a job. Is she I mean, I have
Speaker 4: no doubt that she would be really proud of you.
Speaker 4: But does she now kind of go, oh my gosh,
Speaker 4: you were right.
Speaker 5: Yes, I think she's very proud, and I don't think
Speaker 5: her comments before were coming from a bad place. She
Speaker 5: was more like trying to protect me and she doesn't
Speaker 5: want me to struggle. Yeah, so I feel like now
Speaker 5: she yeah, I have proven her that I could do it,
Speaker 5: and she feels quite quite proud and talks about me
Speaker 5: with the friends and everything. So yeah, I think she, Oh,
Speaker 5: I happy so much.
Speaker 4: How about your siblings, any of your siblings over here
Speaker 4: as well or they all still back home.
Speaker 5: They are back home. They are my older sister, so
Speaker 5: I'm also like the baby of the family who moved here.
Speaker 5: But yeah, I like them to visit me more. But
Speaker 5: a ticket to Australia, just a flying ticket, is like
Speaker 5: a whole month, the salary of a month in Spain,
Speaker 5: so it's harsh.
Speaker 1: Yeah.
Speaker 4: How is a flight from here to Spain? I feel
Speaker 4: like that's quite a big trip to make as well.
Speaker 5: Yeah, it's actually the Antipote. I think it's the name,
Speaker 5: like the opposite part of the war. Yes, yeah, so
Speaker 5: there's two flights from here to Barcelona. There's a fourteen
Speaker 5: hour flight and then a six or seven hour flight,
Speaker 5: so around like twenty twenty one hours.
Speaker 2: Yeah, that's a huge so much. That's massive because you
Speaker 2: don't just get to go direct right, Like, that's so stressful.
Speaker 2: How often do you get to go home at the moment.
Speaker 5: I've been quite lucky and prioritizing going there once a year,
Speaker 5: so I've been there a fair bit.
Speaker 4: Were you able to travel over COVID as well, or
Speaker 4: was it a couple of years during that period where
Speaker 4: you couldn't.
Speaker 5: No, I went luckily in February twenty twenty before everything started,
Speaker 5: and then as soon as they opened in Christmas last year.
Speaker 4: I went, yeah, how do you find I Sorry, I
Speaker 4: have a lot of questions because it's something I've like.
Speaker 4: I love the idea of picking up my life and
Speaker 4: moving to another country, but I am very risk adverse
Speaker 4: just as an individual. It's something that I would find
Speaker 4: really hard. How did you go setting up a support
Speaker 4: network in some way that you had never been before?
Speaker 5: Yeah? Well, I just when I landed here in Brisbane,
Speaker 5: I moved into a shared house, so I made a
Speaker 5: lot of international friends there and I also was very
Speaker 5: lucky got my first job when I could barely speak
Speaker 5: English in a retail store in my second week here,
Speaker 5: and I was working with these wonderful girls who were
Speaker 5: like very friendly, and they were my first friends here
Speaker 5: in Australia, and I felt really happy and supported to
Speaker 5: have a group of people here and a group of
Speaker 5: people in Spain as well.
Speaker 2: Yeah.
Speaker 4: Are you still friends with those girls that you lived
Speaker 4: with when you very first got.
Speaker 5: Yeah we talk sometimes so. Last year, for example, some
Speaker 5: of them came to my bad h and you know,
Speaker 5: we met a long time ago. But yeah, they always
Speaker 5: have a very special place in my heart.
Speaker 2: Oh my gosh, Oh my gosh, you are the sweetest
Speaker 2: human ever. But unfortunately, Jess, I think that's all we
Speaker 2: have time for today. We've got to let you go,
Speaker 2: but we'll chat more later.
Speaker 5: Yeah, yeah, okay, Oh my gosh.
Speaker 2: Thank you for being on the show. We are always
Speaker 2: so grateful for our money diarists. It has been a pleasure,
Speaker 2: my love. Thank you for having me, Jess. Could you
Speaker 2: wrap the boring but important stuff?
Speaker 4: Absolutely, don't forget guys. The advice shared on She's on
Speaker 4: the Money is general in nature and does not consider
Speaker 4: your individual circumstances. She's on the Money exist purely for
Speaker 4: educational purposes and should not be relied upon to make
Speaker 4: an investment or a financial decision. And we promise Victoria
Speaker 4: divine and she's on the money. Are authorized representatives of
Speaker 4: Infocused Securities Australia Proprietary Limited ABN four seven oh nine
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Speaker 2: Three See you're on Wednesday, guys.
Speaker 4: Bye.
Speaker 1: Could be