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

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Speaker 1: the Order KERNI Whoaltbury 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. She's on the Money, She's on

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

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Speaker 2: the pod cast Millennials who want financial freedom. Welcome back

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Speaker 2: to another one of our money daries where I get

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Speaker 2: the absolute privilege of talking to one of our incredible

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

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Speaker 2: Let's jump straight into it, because this week we got

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Speaker 2: a message and it sounded exactly like this, Dear She's

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Speaker 2: on the Money. In twenty nineteen, I was made redundant,

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Speaker 2: started a new job and met my husband. COVID fast

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Speaker 2: tracked our relationship. We moved in together within months. During

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Speaker 2: this I finally paid off my debts when a work

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Speaker 2: cover incident left me on work cover for three years,

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Speaker 2: which limited my career options and my income. Despite this,

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Speaker 2: we have built our dream home managed to secure a mortgage,

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Speaker 2: even with one of us on work cover and the

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Speaker 2: other on a veteran's pension. Now with a baby, we

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Speaker 2: are laser focused on our finances. Discovering we'd spent ten

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Speaker 2: thousand dollars on coffee was a wake up cool. We've

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Speaker 2: restructured our budget, boosted mortgage payments, and set new savings goals,

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Speaker 2: all with the plan to eventually buy a bush block

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Speaker 2: with a tiny home for our family. Money Diarist, Welcome

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Speaker 2: to the show. This sounds so fun.

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Speaker 3: It is so fun, and it's funny. Like hearing it

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Speaker 3: back that it's my life, I'm like, this is.

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Speaker 2: Whack it is. That is crazy. I mean the fun

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Speaker 2: part is definitely you being laser focused on your finances

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Speaker 2: and like buying property and doing budgeting, not the part

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Speaker 2: where you were on work cover, because that sounds like trash.

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Speaker 2: So before we get into your money story, can you

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Speaker 2: tell me what your money habits would be if you

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Speaker 2: had to rate them from a three to F.

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Speaker 3: I think I would be a C, but only in

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Speaker 3: the last twelve months. Prior to that, I was definitely

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Speaker 3: down in the d's.

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Speaker 2: Okay, so we're glowing up. We're in glow up phase.

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Speaker 2: I love that. All right, money dires, let's dive into it.

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Speaker 2: Tell me a little bit more about your money story.

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Speaker 3: So I grew up with a single mum. My parents

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Speaker 3: split up when I was about four, and my dad,

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Speaker 3: while my parents were together, was quiet financially and emotionally abusive.

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Speaker 3: So my mum had a bit of a budget that

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Speaker 3: she was given each month to clothe and feed my

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Speaker 3: brother and I, which was nowhere near enough. So my

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Speaker 3: grandparents kept us financially. So my understanding of money was

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Speaker 3: that if you couldn't afford something, you put it on

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Speaker 3: Pop's credit card. And that's what I learned about money.

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Speaker 2: Okay, but like iconic from Pop, oh, like.

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Speaker 3: A legend, and even today, like I'm thirty one and

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Speaker 3: he's still like, you need my credit card for groceries

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Speaker 3: and I'm like, nahm good.

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Speaker 2: Oh my god, what her honey? I love lost you.

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Speaker 3: Yeah, So that was my understanding of money. We never

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Speaker 3: went without, but we also didn't have any extra, So

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Speaker 3: school camps, excursion, things like that didn't happen really for us.

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Speaker 3: And then my mum started working again, so she was

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Speaker 3: never allowed to work when she was married to my dad,

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Speaker 3: and she didn't go back to work until we went

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Speaker 3: to high school and she just worked in retail. And again,

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Speaker 3: you know, there was no extra, but there was sort

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Speaker 3: of just enough. And that's kind of the mindset I had. Yeah,

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Speaker 3: as I got into young Autamo with money, not only

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Speaker 3: was there sort of just enough, but if there was

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Speaker 3: any extra, it would go. It would get spent on,

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Speaker 3: you know, I don't know what, but you know, mum

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Speaker 3: had treat us or Sho'd buy us something. There was

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Speaker 3: no real savings. There was no real education, I guess.

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Speaker 3: And then so when I moved out on my own,

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Speaker 3: it was like a bit of a struggle for me.

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Speaker 3: I ended up back home twice before I finally left

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Speaker 3: for the last time and stayed gone, just learning to

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Speaker 3: manage my finances myself, which I hadn't really done until

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Speaker 3: I met my now husband and learned some very valuable

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Speaker 3: money lessons from him, which I'm very grateful for. He's

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Speaker 3: very switched on, which has been really good.

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Speaker 2: I love that. So what does life look like today?

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Speaker 3: So today we live in a regional area. We moved

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Speaker 3: from more in the city, bought a couple of acres

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Speaker 3: and built our dream home, which we're already ready to

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Speaker 3: move on from.

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Speaker 2: No, and go bigger and better. Yeah, I love that.

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Speaker 2: It's yeah, so common though, people are like, I'm going

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Speaker 2: to build my dream home, We're going to live here forever,

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Speaker 2: let's leave.

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Speaker 3: Yeah, that's exactly us. We were like, let's do a

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Speaker 3: bit of a tree change and get some land, and

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Speaker 3: you know, now we're like, let's get more land and

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Speaker 3: a cow or something.

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Speaker 2: I love that though, and I love that you've got

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Speaker 2: the freedom to do that.

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Speaker 3: It's very cool. And I think the things that have

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Speaker 3: happened to us that have landed us in these sort

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Speaker 3: of financial positions also that a lot of freedom in

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Speaker 3: our life, which you know, a bit of a give

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Speaker 3: and take, but it's been really nice.

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Speaker 2: It's a compromise for sure.

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Speaker 3: Yeah, to sort of end up here from where we

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Speaker 3: both were. So yeah, we met at the end of

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Speaker 3: twenty nineteen and the apartment I was living in at

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Speaker 3: the time then decided no dogs, So we myself and

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Speaker 3: my dog Stephen, got the.

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Speaker 2: Boot Steven Stephen. Oh my gosh, that's my husband's name,

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Speaker 2: but that is a great dog name.

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Speaker 3: He's fantastic. We got the boot and I sort of

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Speaker 3: said to my husband, you know, can I stay with

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Speaker 3: you just while I find somewhere. And then COVID happened

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Speaker 3: and no open homes, no rentals, so we then just

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Speaker 3: lived there and that was that about three months into

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Speaker 3: our relationships.

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Speaker 2: So, oh my gosh, go hard to go home, right,

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Speaker 2: I love that? And then what happened.

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Speaker 3: And then following that, I sustained my injury and that

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Speaker 3: was probably twelve months after we had met. And so

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Speaker 3: my husband's first meeting of my mum was when he

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Speaker 3: picked her up at the airport and she stayed in

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Speaker 3: our home for six weeks without me.

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Speaker 2: Oh my gosh, that would have been an initiation by fire.

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Speaker 3: But I have my So my grandmother's engagement ring is

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Speaker 3: my engagement ring.

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Speaker 2: And oh that's so sweet.

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Speaker 3: Yeah, my husband knew I wanted that. So when he

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Speaker 3: called my mum to go, you know, you better come.

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Speaker 3: He also asked her to bring the ring, which was

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Speaker 3: so sweet.

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Speaker 2: Because like, I bring that ring. Yeah, oh my gosh,

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Speaker 2: I love that. But also that would have been so traumatic.

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Speaker 2: Are you comfortable telling us a little bit more about

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Speaker 2: your injury and what happened.

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Speaker 3: Yeah, I just sustained injury with one of my clients

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Speaker 3: that I was working with, and that injury resulted in

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Speaker 3: a number of reconstructive surgeries and a brain injury. And yeah,

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Speaker 3: an inability to work, an inability to finish my university studies. Yeah,

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Speaker 3: just a whole pause on my.

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Speaker 2: Life, which I think is important context, not because we

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Speaker 2: want to know the pervy details, but sometimes a work

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Speaker 2: cover thing could be like, oh, yes, I worked in

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Speaker 2: a factory and a box fell off and I broke

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Speaker 2: my leg and therefore wasn't able to work. Like I

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Speaker 2: knew in the background that yours was a bit deeper

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Speaker 2: than that, which is why you needed three years off.

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Speaker 2: And it is an ongoing issue for you that is

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Speaker 2: going to impact your ability to have a career into

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Speaker 2: the future.

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Speaker 3: Right, Yes, that's correct.

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Speaker 2: Yeah, but you have a baby now.

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Speaker 3: I do have a baby now, which is very exciting.

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Speaker 2: That is so exciting.

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Speaker 3: It's so exciting. So she's ten months old and she's

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Speaker 3: just wild.

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Speaker 2: They are, aren't they.

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Speaker 3: Yes, I'm solo parenting for the first time this week.

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Speaker 3: My husband is away, and hats off to single mums

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Speaker 3: single parrot, like, I don't know how they do it.

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Speaker 2: It's I don't know either. I was saying this to

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Speaker 2: one of my girlfriends the other day. I was like,

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Speaker 2: I have such a supportive and kind husband, and I

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Speaker 2: don't know what I would do without him. Like, single

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Speaker 2: moms are a force to be reckoned with. Like, if

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Speaker 2: you're a single mom, like, hats off to you, you

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Speaker 2: are so impressive one hundred percent. Like they don't get

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Speaker 2: the credit they deserve. And it's not until you're a

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Speaker 2: mom that you're like, oh, I knew that you were

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Speaker 2: impressive before. Now I just you are insanely good.

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Speaker 3: Yes, definitely. We like cross the calendar off each evening

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Speaker 3: when dad's coming back. And that's not for her, that's

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Speaker 3: for me.

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Speaker 2: Yeah, we're counting down the days. Oh my gosh, So

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Speaker 2: tell me what do you do for work? How much

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Speaker 2: money do you earn?

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Speaker 3: So I am a youth worker and I earn it'd

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Speaker 3: be approximately one thousand dollars a week. I have three

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Speaker 3: casual sorry a thousand dollars one fortnite. I have three

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Speaker 3: casual positions, so that fluctuates quite a bit.

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Speaker 2: Hey, that's pretty cool. Yeah.

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Speaker 3: So my theory was if I didn't get hours at one,

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Speaker 3: I would get out at another, which has worked out

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Speaker 3: quite well. Some weeks are really busy, though, So.

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Speaker 2: And is it working out having a ten month old

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Speaker 2: and still working, Like, what does that, I guess juggle

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Speaker 2: look like.

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Speaker 3: Yeah, so our girl's in daycare four days a week.

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Speaker 2: Very cool.

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Speaker 3: So yeah, we don't have any family. All of our

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Speaker 3: families into state, so it's just me and my husband.

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Speaker 3: Our closest friends are over an hour away, so it's

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Speaker 3: just us. So I felt a lot of guilt, actually

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Speaker 3: a lot of mum guilt when we first put her in.

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Speaker 3: But everyone talks about the village, and it just happens

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Speaker 3: that our village is our daycare and they're wonderful people.

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Speaker 2: One hundred percent. Harvey's in daycare and he thrives there,

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Speaker 2: like he is obsessed with daycare. This morning, I was

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Speaker 2: pushing the pram up the ramp and he had his

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Speaker 2: little flappy bird arms because he was so excited. He'd

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Speaker 2: just realized where he was, and I was just like,

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Speaker 2: you have your little job at daycare, and then mum

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Speaker 2: goes to work and then we come back together and

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Speaker 2: we're all just having a good life. Like the mum

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Speaker 2: guilt around daycare, Like I get it, Like you want

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Speaker 2: to spend more time with your kid, but that is

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Speaker 2: a separate conversation. I think about, you know, having quality

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Speaker 2: time and enjoying your children and than having to work

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Speaker 2: and provide and put your kids into care. Like that's

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Speaker 2: a different conversation. Like I think we all want more

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Speaker 2: time with our kids. But like I'm not gonna lie.

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Speaker 2: Maybe this I don't know, definitely doesn't make me a

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Speaker 2: bad parent, but like I love a bit of a break,

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Speaker 2: Like I love that I get to go pick up

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Speaker 2: my baby from daycare in the afternoon and he's had

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Speaker 2: his day and I've had mine, and even if he

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Speaker 2: cracks it, I just don't have that mental load of

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Speaker 2: having had that all day.

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Speaker 3: And that's what I absolutely love about it. Like we

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Speaker 3: have three whole days together where it's just us and

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Speaker 3: we don't do washing, we don't do groceries, we don't

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Speaker 3: do chores. We just hang out and it's the best.

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Speaker 2: I adore that. And what does your partner or your

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Speaker 2: husband sorry.

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Speaker 3: Do So he is a youth worker as well or

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Speaker 3: youth mentor. He works on a school holiday program. So

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Speaker 3: during the week he does it, he does one like

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Speaker 3: support client, but yeah, he just does school holiday work mostly.

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Speaker 2: So you guys are super special people.

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Speaker 3: I love this, Thank you and yeah, and he receives

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Speaker 3: a comwell super pension for his time in defense.

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Speaker 2: Yeah, very cool.

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Speaker 3: He was medically discharged.

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Speaker 2: Yeah, oh, medically discharged is hard, but also like very deserved.

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Speaker 2: I love that. Yeah, I love that. You get that.

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Speaker 2: All right, So tell me what are your big money goals?

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Speaker 2: You said before, like, oh, we live regionally, We've built

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Speaker 2: our dream home, but we don't want this anymore. So

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Speaker 2: what do your goals look like?

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Speaker 3: Well, I discovered mortgage Monster the website. I'm not sure

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Speaker 3: if you're you're probably familiar. Yeah, So basically I went

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Speaker 3: down the rabbit hole with mortgage Monster, which told me

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Speaker 3: that if I made one twenty thousand dollars payment on

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Speaker 3: my mortgage, I would reduce it by five years and

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Speaker 3: like seventy five thousand dollars in interest.

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Speaker 2: So isn't it fun doing all the coalcs and being

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Speaker 2: like this is fun?

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Speaker 3: Yeah, literally, and I'm like obsessed. So that at the

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Speaker 3: moment is our big financial goal is to save that

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Speaker 3: twenty grand on top of our other little things to

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Speaker 3: get that mortgage payment down, and then we would like

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Speaker 3: to use our equity to buy a bush block. We

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Speaker 3: have off road buggies and follall drives and cord bikes

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Speaker 3: and things.

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Speaker 2: Oh you sound like you're living the dream. I want

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Speaker 2: to complay.

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Speaker 3: It is so much fun. We have a YouTube channel,

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Speaker 3: so that has kind of lit the fire, I guess

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Speaker 3: for us to get this bush block. And yeah, have

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Speaker 3: our little adventures.

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Speaker 2: Oh my gosh, Adore, And how has YouTube been going?

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Speaker 2: Is that something that you are able to monetize yet?

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Speaker 3: Yeah, so my husband was doing it prior to us meeting.

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Speaker 3: And we've had a lot of products. So we've built

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Speaker 3: both of our cars through sponsorship.

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Speaker 2: What this is so cool. This is not where I

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Speaker 2: thought this conversation would go.

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Speaker 3: I left it completely out I realized when I submitted.

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Speaker 2: But and you're like, oh, yes, this is also part

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Speaker 2: of my money story. Sorry.

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Speaker 3: Yeah that so, yeah, we've both built our cars and

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Speaker 3: things like that from sponsorship. We've not received any actual finances,

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Speaker 3: no money itself, but product and trips and that kind

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Speaker 3: of thing.

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Speaker 2: That's a very good deal.

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Speaker 3: Yeah, it's very cool.

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Speaker 2: That is a very good deal. I love that for

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Speaker 2: you guys, so obviously getting the bush block that long

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Speaker 2: term are their goals to retire early or you know,

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Speaker 2: be able to not work long term or like what

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Speaker 2: does that look like.

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Speaker 3: Yeah, so we would love to be sort of retired

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Speaker 3: by mid forties. And yeah, when our daughter is old

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Speaker 3: enough to attend high school, we would look to move

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Speaker 3: further away. When she has a little bit more independence,

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Speaker 3: we would look to move to our bush block.

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Speaker 2: Yeah. I feel like that's a smart way of going

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Speaker 2: about it, because it can be really hard for kids

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Speaker 2: when there's like a lot of I guess connection when

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Speaker 2: it comes to school and their social networks and stuff

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Speaker 2: like that being so far up. But also, I'm sorry,

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Speaker 2: it sounds lit like I would like to live there,

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Speaker 2: and I'm sure she would love it too, So whatever

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Speaker 2: works works.

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Speaker 3: Yeah, we're in the process of finding a container home

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Speaker 3: to renovate on marketplace to dump on there and spend

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Speaker 3: their weekends in the bush.

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Speaker 2: So that would be so fun. I am literally going

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Speaker 2: to snoop you later and then follow you on YouTube

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Speaker 2: because I don't want to miss any of this money direst.

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Speaker 2: Let's go to a really quick break and on the

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Speaker 2: flip side. I want to know about like your debt,

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Speaker 2: your best and worst money habits, and whether you're investing

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Speaker 2: or not. All right, guys, we are back money diarist.

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Speaker 2: I feel like you have a rollercoaster of a story,

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Speaker 2: but it sounds like you are laser focused at the

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Speaker 2: moment on smashing down your debt. Will talking about how

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Speaker 2: you'd calculated that a twenty thousand dollar payment on your

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Speaker 2: mortgage would cut so much time off it. I want

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Speaker 2: to know, apart from your mortgage and smashing that down,

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Speaker 2: do you invest? If so, what does that look like.

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Speaker 3: I only have my superannuation at the moment, which is

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Speaker 3: currently sitting at just over ninety five thousand dollars.

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Speaker 2: Hey, that's not too bad for thirty one.

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Speaker 3: Yeah, so I didn't receive super for the three years

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Speaker 3: that I was on workover. You don't receive super, so.

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Speaker 2: I was about to ask. I was like, hey, pervy question,

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Speaker 2: but did you receive superannuation while you're on work cover?

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Speaker 2: No is the answer.

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Speaker 3: I did not receive superannuation. However, I previously and they've

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Speaker 3: closed down now. But I was with the super company

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Speaker 3: who had a round up feature similar to our bank,

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Speaker 3: and so every day I would pay for my parking

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Speaker 3: and another fifty cents would go into my super for

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Speaker 3: about five years, so that was a handy little addition.

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Speaker 3: And I also put my own voluntary contributions in every

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Speaker 3: month as well.

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Speaker 2: That's very cool and also very savvy. Is that something

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Speaker 2: that you I knew Okay, well I'm not you know,

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Speaker 2: earning an income like I was. I'm not getting super paid.

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Speaker 2: I need to be supporting this or is this something

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Speaker 2: that you were just doing for you know, funsies and

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Speaker 2: you knew it was good, but weren't entirely sure, Like

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Speaker 2: how did you fall upon making sure that you were

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Speaker 2: looking after your super because it's so important.

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Speaker 3: This was something I when I got my very first job.

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Speaker 3: I started working when I was twelve, and I got

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Speaker 3: like the superform and I was like, what is superannuation?

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Speaker 3: Because I'm twelve and it was the only thing I

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Speaker 3: looked into. I didn't know anything about tax or anything

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Speaker 3: like that, and I was like, this is amazing. I

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Speaker 3: don't want to work till i'm one hundred. My little

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Speaker 3: twelve year old mine was thinking. So yeah, I was

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Speaker 3: like I need to save here, and I've just kept

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Speaker 3: it up.

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Speaker 2: I love this because when I got my superformer, I

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Speaker 2: was like, oh, just take whatever box, it doesn't matter.

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Speaker 2: I don't even care. What is this? Why is the

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Speaker 2: government wore my money? Like I had no idea. So

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Speaker 2: I'm glad that you were smarter than me, because honestly,

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Speaker 2: you have more superannuation than I do at this point

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Speaker 2: in my life. All right, tell me a bit more

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Speaker 2: about debt. So you purchased your dream home regionally? What

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Speaker 2: did it cost you? What debt are you currently sitting on?

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Speaker 3: So my husband is a very smart man. He deployed

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Speaker 3: to Afghanistan.

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Speaker 2: Yes, he married you, so thank you.

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Speaker 3: When he was very young. So he was nineteen when

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Speaker 3: he went over, and.

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Speaker 2: He was just a baby.

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Speaker 3: He was a baby. And as a mother, now I

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Speaker 3: said to my mother in law, how did you stand

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Speaker 3: in the airport and wave him? I just couldn't anyway,

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Speaker 3: What did you say? Because that would have been so painful.

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Speaker 3: So we don't have any sort of religious ties in

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Speaker 3: our family. But my father in law actually jumped in

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Speaker 3: and said, we prayed every day. Oh my god, I know, horrible.

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Speaker 2: But he came home. He came home now a dad

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Speaker 2: and a husband, and it all worked out.

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Speaker 3: Yes, and we're very very thankful every day. So he

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Speaker 3: very smart. Defense had a scheme at the time where

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Speaker 3: if you purchased a property, they would pay a contribution

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Speaker 3: towards your mortgage, so they would pay half your payment.

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Speaker 2: Basically, wow, I mean deserved, yes.

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Speaker 3: Very well deserved. Husband was like, will you pay half

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Speaker 3: the payment if I make the full payment? And they still.

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Speaker 2: Said yes, so he yes, please.

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Speaker 3: So he was paying a payment and a half instead

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Speaker 3: of yeah, just the full payment. And that's something we've continued,

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Speaker 3: not a payment and a half, but rounding our mortgage

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00:17:18,280 --> 00:17:22,880
Speaker 3: payment up so we have rounded up to the nearest thousand.

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Speaker 3: So while we have been hit with rate rises, our

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Speaker 3: actual budget hasn't changed because we were just rounding up

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Speaker 3: to the nearest thousand anyway. So our current repayment is

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Speaker 3: about nineteen hundred a month and we pay two thousand

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Speaker 3: and have been doing for however long.

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Speaker 2: I love that. That's so smart and like over the

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Speaker 2: long term it will pay off.

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Speaker 3: Yes, yeah, definitely, and yeah, just to cover us from

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Speaker 3: any kind of increases, I guess. So we sold his

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Speaker 3: property that he owned for six hundred and seventy seven thousand,

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Speaker 3: which he purchased it for three hundred and seventy. Okay, yeah,

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Speaker 3: so he had two hundred and sixty thousand left on

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Speaker 3: it on the mortgage when we sold it for six

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Speaker 3: seventy seven.

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Speaker 2: Okay, what a king.

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Speaker 3: We had about three hundred thousand dollars in profit by

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Speaker 3: the end, I think, which gave us a really hefty deposit.

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Speaker 3: We had a land and a house mortgage because we

402
00:18:13,960 --> 00:18:18,040
Speaker 3: built our home. So we bought our land for about

403
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Speaker 3: two hundred and thirty four thousand, and we spent four

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Speaker 3: hundred and fourteen thousand on our build.

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Speaker 2: That is so good. So what debt do you currently like?

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Speaker 2: What is your mortgage setting at today?

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Speaker 3: So our current mortgage sits at three hundred and seven

408
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Speaker 3: nine hundred and thirty five dollars and eight.

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Speaker 2: That is very cool. And do you know what your

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Speaker 2: property is worth? So we had it.

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Speaker 3: Valued a couple of weeks ago for nine hundred and

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Speaker 3: seventy five thousand.

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Speaker 2: However, our neighbour's.

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Speaker 3: House just sold for over a million, the difference being

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Speaker 3: they have a pool, but we have more land and

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Speaker 3: a big shed and other features and things.

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Speaker 2: Oh, we don't need a poll. Whoever buys your property,

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Speaker 2: they can put a pool on it if they want.

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Speaker 3: Right, So yeah, I think we'd sit roughly even with

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Speaker 3: them just based on the market and what they got.

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Speaker 2: At about a meal. How nice. I love that for you.

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Speaker 2: You guys are sitting very comfortably to be able to

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Speaker 2: achieve everything that you want to achieve. I need to know, though,

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Speaker 2: I feel like you've had to be savvy over your

425
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Speaker 2: lifetime when it comes to money. What is your best

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Speaker 2: money habit?

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Speaker 3: My best money habit, I would say I've only developed

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00:19:20,600 --> 00:19:22,520
Speaker 3: in the last twelve months, and that's knowing where our

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00:19:22,560 --> 00:19:25,320
Speaker 3: money goes. I said when I wrote in that we

430
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Speaker 3: spent ten thousand dollars on coffee, and I nearly hit

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Speaker 3: the floor.

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Speaker 2: How did you do that? By the way, because that's

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Speaker 2: like twenty seven dollars fifty a day.

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Speaker 3: That's a lot.

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Speaker 2: So like, that's not just like coffee a day, bab.

436
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Speaker 3: So it was like coffee and treats and a snack.

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Speaker 2: And like a little treaty treat. Yeah. Look, I am

438
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Speaker 2: not mad. I am just interested in people having complete

439
00:19:44,600 --> 00:19:46,840
Speaker 2: visibility over their cash flow. And if you turn around

440
00:19:46,880 --> 00:19:48,280
Speaker 2: and said, Vibe, that's what I want to spend my

441
00:19:48,320 --> 00:19:51,400
Speaker 2: money on, pop off queen, Like I want that for you.

442
00:19:51,680 --> 00:19:54,000
Speaker 2: But you looked into it and said, absolutely not. What

443
00:19:54,160 --> 00:19:54,520
Speaker 2: is this.

444
00:19:54,800 --> 00:19:55,600
Speaker 3: We're not doing this.

445
00:19:55,800 --> 00:19:57,120
Speaker 2: Yeah, we're not doing this anymore.

446
00:19:57,200 --> 00:19:59,840
Speaker 3: Being able to go to the supermarket or get fuel,

447
00:20:00,080 --> 00:20:02,439
Speaker 3: do something now and not require retreat has been a

448
00:20:02,440 --> 00:20:05,360
Speaker 3: real game changer for me to do adult things without

449
00:20:05,400 --> 00:20:06,160
Speaker 3: treating myself.

450
00:20:06,280 --> 00:20:08,280
Speaker 2: What. No, I'm not past that.

451
00:20:08,720 --> 00:20:10,280
Speaker 3: I still get on the day the one day that

452
00:20:10,320 --> 00:20:12,239
Speaker 3: I actually go into work that I don't work from home,

453
00:20:12,280 --> 00:20:13,840
Speaker 3: I do get myself for coffee on the days that

454
00:20:13,880 --> 00:20:15,760
Speaker 3: I go to work. It's my little Yeah.

455
00:20:15,600 --> 00:20:17,680
Speaker 2: There has to be some level of balance. You can't

456
00:20:17,720 --> 00:20:19,880
Speaker 2: just go cold turkey, especially on coffee.

457
00:20:19,880 --> 00:20:22,000
Speaker 3: Well, we did buy coffee machine, which I didn't learn

458
00:20:22,000 --> 00:20:23,639
Speaker 3: to use for about eighteen months. Was just a very

459
00:20:23,640 --> 00:20:24,399
Speaker 3: expensive kettle.

460
00:20:24,880 --> 00:20:28,600
Speaker 2: But I've said lunch and now now we use I

461
00:20:28,840 --> 00:20:30,960
Speaker 2: love that though. I feel like you're doing all of

462
00:20:31,000 --> 00:20:33,159
Speaker 2: the right things. I feel like you're moving in the

463
00:20:33,240 --> 00:20:36,320
Speaker 2: right direction now. Not spending twenty seven bucks a day

464
00:20:36,440 --> 00:20:39,600
Speaker 2: on coffee and where is that reallocated too?

465
00:20:39,880 --> 00:20:42,399
Speaker 3: Yeah, so we now have like a set budget that

466
00:20:42,480 --> 00:20:44,679
Speaker 3: we you know, each week we aim to spend this

467
00:20:44,800 --> 00:20:46,960
Speaker 3: much on groceries. And you know, for a long time,

468
00:20:47,000 --> 00:20:48,720
Speaker 3: my head was in the sand about the cost of living.

469
00:20:49,040 --> 00:20:50,760
Speaker 3: So I'm like, why can't we buy groceries for our

470
00:20:50,880 --> 00:20:52,960
Speaker 3: hundred bucks a week? Well, because that's not the time

471
00:20:52,960 --> 00:20:53,359
Speaker 3: we live in.

472
00:20:53,480 --> 00:20:55,879
Speaker 2: It's a hard realization to come to, isn't it like,

473
00:20:55,920 --> 00:20:57,439
Speaker 2: Cause you're like, no, no, no, I'll do it for

474
00:20:57,480 --> 00:20:59,800
Speaker 2: one hundred though, and then it just it never comes

475
00:20:59,840 --> 00:21:00,600
Speaker 2: out in the wash.

476
00:21:00,760 --> 00:21:02,480
Speaker 3: No. And my husband never had a budget prior to

477
00:21:02,560 --> 00:21:03,879
Speaker 3: us meeting. He's like, why do I need a budget?

478
00:21:03,880 --> 00:21:04,640
Speaker 3: I have plenty of money.

479
00:21:04,960 --> 00:21:07,080
Speaker 2: It must be nicer, But that's not the world we

480
00:21:07,119 --> 00:21:07,720
Speaker 2: live in now.

481
00:21:08,000 --> 00:21:10,080
Speaker 3: Well, I think trying to manage the two incomes at

482
00:21:10,080 --> 00:21:13,000
Speaker 3: the time as well, like we could you know. So yeah,

483
00:21:13,040 --> 00:21:14,960
Speaker 3: so now having a budget, knowing where our money goes.

484
00:21:15,119 --> 00:21:18,480
Speaker 3: And we're really really good at paying off debt. So

485
00:21:18,520 --> 00:21:23,600
Speaker 3: we paid privately to birth our daughter and we paid

486
00:21:23,640 --> 00:21:25,080
Speaker 3: that on a credit card, and we took out a

487
00:21:25,080 --> 00:21:27,439
Speaker 3: twenty five thousand dollar credit card just in case there

488
00:21:27,440 --> 00:21:31,359
Speaker 3: were any complications and things like that, and yeah, it

489
00:21:31,400 --> 00:21:33,760
Speaker 3: cost us just over nine and a half and we

490
00:21:34,119 --> 00:21:36,040
Speaker 3: just smashed that and got rid of it. So we're

491
00:21:36,080 --> 00:21:39,480
Speaker 3: really good at, yeah, smashing down debt when it appears.

492
00:21:39,640 --> 00:21:41,600
Speaker 2: That's very cool. Can you tell me a bit more

493
00:21:41,600 --> 00:21:44,080
Speaker 2: about that because birth there's so much more expensive than

494
00:21:44,119 --> 00:21:47,560
Speaker 2: I had anticipated it to be, right, And that might

495
00:21:47,720 --> 00:21:51,520
Speaker 2: be a little bit delulu from me, I suppose, because

496
00:21:51,680 --> 00:21:53,960
Speaker 2: I had, like, you know, my private health insurance, and

497
00:21:54,000 --> 00:21:56,840
Speaker 2: then I went and got my obstetrician. But like, I

498
00:21:56,920 --> 00:21:59,359
Speaker 2: ended up paying her ten thousand dollars out of pocket

499
00:21:59,400 --> 00:22:03,320
Speaker 2: that wasn't by Medicare. And I am grateful that I

500
00:22:03,320 --> 00:22:05,760
Speaker 2: could have thought that, but I was really shocked that

501
00:22:05,760 --> 00:22:09,800
Speaker 2: that portion of you know, the birth cost was not covered.

502
00:22:09,840 --> 00:22:12,800
Speaker 2: I was like, sorry, what, Like, I already have private

503
00:22:12,840 --> 00:22:15,760
Speaker 2: health insurance. So when you say you paid to birth

504
00:22:15,840 --> 00:22:18,959
Speaker 2: your child privately, do you mean that you didn't have

505
00:22:19,040 --> 00:22:21,359
Speaker 2: private health insurance and you paid as just like a

506
00:22:21,359 --> 00:22:25,040
Speaker 2: paying client to pay to birth in a private hospital

507
00:22:25,160 --> 00:22:28,880
Speaker 2: or were you talking about additional costs that also exist?

508
00:22:29,119 --> 00:22:32,280
Speaker 3: So we had no private health insurance? We did, And

509
00:22:32,320 --> 00:22:35,560
Speaker 3: then I was well, I had private health insurance. My

510
00:22:35,600 --> 00:22:40,280
Speaker 3: husband's covered under DBA, so he doesn't, but we when

511
00:22:40,280 --> 00:22:43,200
Speaker 3: I had pregnancy and birth cover and I rung my insurer.

512
00:22:43,520 --> 00:22:46,080
Speaker 3: Turns out the pregnancy and birth didn't cover the actual birthing.

513
00:22:46,200 --> 00:22:47,280
Speaker 2: Yeah, isn't it insane?

514
00:22:47,320 --> 00:22:49,680
Speaker 3: And that was me and my young naivety just assuming

515
00:22:49,720 --> 00:22:51,240
Speaker 3: that pregnant. I didn't read it. I'm not pregnant. I

516
00:22:51,240 --> 00:22:52,960
Speaker 3: don't want a family. You know, Pregnancy and birth is

517
00:22:53,000 --> 00:22:56,119
Speaker 3: pregnancy and birth, you know, but it's not so you know,

518
00:22:56,160 --> 00:22:59,680
Speaker 3: it covered other things, but not that. And so we

519
00:23:00,040 --> 00:23:02,040
Speaker 3: decided to save the money that we were spending on

520
00:23:02,080 --> 00:23:04,880
Speaker 3: private health insurance and put towards the cost of birthing.

521
00:23:04,960 --> 00:23:07,520
Speaker 3: We had had a loss prior to having our daughter,

522
00:23:07,640 --> 00:23:10,760
Speaker 3: and so I'm sorry, yeah, I know you can you

523
00:23:10,800 --> 00:23:11,640
Speaker 3: can relate to that.

524
00:23:11,840 --> 00:23:13,879
Speaker 2: It's real shit, like it's the shittiest club in the

525
00:23:14,000 --> 00:23:14,639
Speaker 2: entire world.

526
00:23:14,720 --> 00:23:17,040
Speaker 3: And we found out falling pregnant with my daughter that

527
00:23:17,480 --> 00:23:19,560
Speaker 3: there was a very simple reason that we had lost

528
00:23:19,600 --> 00:23:21,760
Speaker 3: our previous pregnancy that could have been very much avoided

529
00:23:21,800 --> 00:23:25,480
Speaker 3: had no blood has been done, and so yeah, that

530
00:23:25,600 --> 00:23:27,600
Speaker 3: was really difficult for me. And I just said, we're

531
00:23:27,600 --> 00:23:31,720
Speaker 3: paying like I'm not having an oversight happened again, you know,

532
00:23:31,880 --> 00:23:34,520
Speaker 3: and that I'm sure there are great public health care workers,

533
00:23:34,560 --> 00:23:35,960
Speaker 3: you know, where those things don't.

534
00:23:35,800 --> 00:23:38,520
Speaker 2: Happen, but one hundred percent, one hundred percent.

535
00:23:38,320 --> 00:23:40,359
Speaker 3: Yeah, that was our experience, and I wasn't prepared to

536
00:23:40,359 --> 00:23:40,919
Speaker 3: do that again.

537
00:23:40,960 --> 00:23:43,800
Speaker 2: But if you're in the financial position to make that decision,

538
00:23:43,880 --> 00:23:46,280
Speaker 2: and that's what makes you comfortable. It's kind of like

539
00:23:46,640 --> 00:23:48,680
Speaker 2: going shoe shopping, right, you could go to kmart and

540
00:23:48,720 --> 00:23:50,840
Speaker 2: you could be really happy with that, or you could

541
00:23:50,880 --> 00:23:53,080
Speaker 2: go and buy a really fancy pair of shoes. Like

542
00:23:53,359 --> 00:23:56,120
Speaker 2: same outcome. You're wearing shoes full stop, end of story.

543
00:23:56,400 --> 00:23:58,960
Speaker 2: But like, it's what makes you comfortable, and no one

544
00:23:59,000 --> 00:24:01,760
Speaker 2: can tell you how to feel. No one gets the

545
00:24:01,840 --> 00:24:04,480
Speaker 2: power to go well, actually, moneyed diarist, you should have

546
00:24:04,560 --> 00:24:06,359
Speaker 2: just done it this way. No, no, no, I picked

547
00:24:06,359 --> 00:24:10,000
Speaker 2: what I felt comfortable with and was within my financial realm.

548
00:24:10,320 --> 00:24:13,000
Speaker 2: It doesn't mean that you think that your situation is

549
00:24:13,000 --> 00:24:17,359
Speaker 2: what everybody else should do, like it's It actually drives

550
00:24:17,400 --> 00:24:19,240
Speaker 2: me insane when people are like, so you think that

551
00:24:19,320 --> 00:24:21,320
Speaker 2: everyone should go private, and I'm like, no, I think

552
00:24:21,359 --> 00:24:23,360
Speaker 2: you should just make a decision that works for you

553
00:24:23,680 --> 00:24:24,359
Speaker 2: one p.

554
00:24:24,640 --> 00:24:28,400
Speaker 3: One hundred percent. And I have endometriosis and a few

555
00:24:28,400 --> 00:24:29,840
Speaker 3: other things going on, so I was like, I'm not,

556
00:24:30,119 --> 00:24:30,920
Speaker 3: you know, I.

557
00:24:30,840 --> 00:24:33,280
Speaker 2: Feel comfy here, let me stay that's right.

558
00:24:33,400 --> 00:24:35,199
Speaker 3: I'm like, I want to be able to go to

559
00:24:35,240 --> 00:24:38,120
Speaker 3: the doctor and they know my years of history and surgery,

560
00:24:38,200 --> 00:24:41,080
Speaker 3: and you know, we can just get it all sort of. So, yeah,

561
00:24:41,119 --> 00:24:42,720
Speaker 3: we took out our credit card on the off chance

562
00:24:42,760 --> 00:24:44,680
Speaker 3: that our baby ended up, you know, needing special care

563
00:24:44,760 --> 00:24:47,400
Speaker 3: or anything like that, we would be able to cover it. Luckily,

564
00:24:47,480 --> 00:24:49,719
Speaker 3: we didn't need anything like that. We were very lucky.

565
00:24:49,880 --> 00:24:53,199
Speaker 3: So yeah, she ended up coming via emergency section and

566
00:24:53,240 --> 00:24:56,840
Speaker 3: we stayed for three days and that cost us just

567
00:24:57,480 --> 00:25:00,320
Speaker 3: under nine and a half thousand dollars, and then we

568
00:25:00,359 --> 00:25:03,199
Speaker 3: paid our obstetrition about one hundred dollars a visit, getting

569
00:25:03,240 --> 00:25:04,440
Speaker 3: half of that back from Medicare.

570
00:25:04,600 --> 00:25:08,040
Speaker 2: Yeah cool, Yeah, how good. I love that that was

571
00:25:08,080 --> 00:25:10,640
Speaker 2: good for you. I mean, emergency SEA section sucks. As

572
00:25:10,680 --> 00:25:14,000
Speaker 2: somebody who also had an emergency C section, I don't

573
00:25:14,040 --> 00:25:16,240
Speaker 2: rate it. But like, we're both happy, we're both healthy,

574
00:25:16,280 --> 00:25:16,920
Speaker 2: we're both here.

575
00:25:17,200 --> 00:25:20,480
Speaker 3: Yeah, definitely. And you know, my daughter still doesn't play

576
00:25:20,480 --> 00:25:21,960
Speaker 3: the game when we've got somewhere to be, so she

577
00:25:22,000 --> 00:25:23,160
Speaker 3: wasn't playing the game than either.

578
00:25:23,119 --> 00:25:27,040
Speaker 2: So yeah, look, neither does Harvey. Don't worry, Do not worry,

579
00:25:27,320 --> 00:25:29,840
Speaker 2: money director. On the flip side, what's your worst money habit?

580
00:25:30,080 --> 00:25:32,679
Speaker 3: My worst money habit is and it might be a

581
00:25:32,720 --> 00:25:35,760
Speaker 3: bit of a funny one. I guess I don't like

582
00:25:35,880 --> 00:25:39,480
Speaker 3: to spend money, so like, if I need something, I'll

583
00:25:39,560 --> 00:25:43,600
Speaker 3: buy the cheaper option, probably having to replace it in

584
00:25:43,640 --> 00:25:46,000
Speaker 3: a month and buy it again. And I'm starting to

585
00:25:46,040 --> 00:25:49,480
Speaker 3: do that slow down and make more purchases that are

586
00:25:49,480 --> 00:25:53,359
Speaker 3: more sort of quality and might be that higher price point.

587
00:25:53,520 --> 00:25:55,760
Speaker 2: Do you think your money story plays into that? Like,

588
00:25:55,760 --> 00:25:57,680
Speaker 2: why do you think that that's a decision that you're

589
00:25:57,680 --> 00:26:00,520
Speaker 2: always like, mmm, I'll just get the cheap one. Where

590
00:26:00,560 --> 00:26:01,760
Speaker 2: does that come from? Yeah?

591
00:26:01,800 --> 00:26:05,640
Speaker 3: I think definitely. There was a time before I met

592
00:26:05,680 --> 00:26:07,879
Speaker 3: my husband where I slept a little bit rough and

593
00:26:08,240 --> 00:26:10,800
Speaker 3: had to I lived in a friend's investment property that

594
00:26:10,880 --> 00:26:13,280
Speaker 3: had nothing in it, and you know, I had to

595
00:26:13,320 --> 00:26:15,040
Speaker 3: just get the cheap of the cheap kind of stuff

596
00:26:15,080 --> 00:26:16,720
Speaker 3: because that's all I could have fought at the time.

597
00:26:17,080 --> 00:26:18,720
Speaker 3: And I think I've just carried that with me. I

598
00:26:18,800 --> 00:26:21,760
Speaker 3: carry a very sort of scarcity mindset around money and

599
00:26:21,800 --> 00:26:23,119
Speaker 3: I'm trying to really flip that.

600
00:26:23,440 --> 00:26:26,239
Speaker 2: Yeah, and I feel like that's so powerful, But at

601
00:26:26,240 --> 00:26:28,480
Speaker 2: the same time, you need to understand where you've come

602
00:26:28,480 --> 00:26:30,520
Speaker 2: from or where that might be coming from to go, actually,

603
00:26:30,520 --> 00:26:32,960
Speaker 2: we're not there anymore, Like we're allowed to move past this,

604
00:26:33,080 --> 00:26:36,680
Speaker 2: But how do I do that? That's a different story. Yes, definitely,

605
00:26:36,720 --> 00:26:38,760
Speaker 2: and that can be really challenging. But I'm so proud

606
00:26:38,800 --> 00:26:41,520
Speaker 2: of you. Look at you go like you have absolutely

607
00:26:41,640 --> 00:26:44,600
Speaker 2: killed it. You've got a beautiful daughter. You're focusing on

608
00:26:44,640 --> 00:26:47,000
Speaker 2: your finances. I mean, you're not spending twenty seven dollars

609
00:26:47,040 --> 00:26:50,080
Speaker 2: fifty a day on coffee, which is a massive sleigh.

610
00:26:50,280 --> 00:26:54,040
Speaker 2: You're saving. I'm so excited that you mentioned mortgage monster

611
00:26:54,480 --> 00:26:57,639
Speaker 2: because it's so fun working out what your I guess

612
00:26:57,920 --> 00:27:01,840
Speaker 2: repayments could be, or like what additional contributions look like,

613
00:27:02,000 --> 00:27:03,959
Speaker 2: and how you can get out of debt sooner. Like

614
00:27:04,000 --> 00:27:08,000
Speaker 2: it's just so motivating, Like that is very exciting. But

615
00:27:08,080 --> 00:27:10,040
Speaker 2: I just I love all of this. And I also

616
00:27:10,080 --> 00:27:12,959
Speaker 2: love our conversation about daycare because I think there's so

617
00:27:13,080 --> 00:27:15,600
Speaker 2: much shade being thrown around about like, oh, I don't

618
00:27:15,640 --> 00:27:18,159
Speaker 2: have to have somebody else raise my children. It's like

619
00:27:18,320 --> 00:27:21,400
Speaker 2: get in the bin, literally, get in the bin. Like

620
00:27:21,680 --> 00:27:24,520
Speaker 2: my kid loves daycare. I love daycare. Daycare is our

621
00:27:24,600 --> 00:27:28,720
Speaker 2: village and everybody who's thriving. Thank you for asking.

622
00:27:29,080 --> 00:27:29,959
Speaker 3: Yeah, I love it.

623
00:27:30,040 --> 00:27:32,159
Speaker 2: Money di is. Now we've talked and you've told me

624
00:27:32,200 --> 00:27:34,480
Speaker 2: how much of a hustle you are, Like you grew

625
00:27:34,520 --> 00:27:37,440
Speaker 2: up with a single mum in a not so great situation.

626
00:27:37,680 --> 00:27:39,840
Speaker 2: You learned a lot. I feel like you've been through

627
00:27:39,960 --> 00:27:42,479
Speaker 2: the trenches and now you're out the other side and

628
00:27:42,560 --> 00:27:45,159
Speaker 2: you are absolutely pulling your socks up and getting your

629
00:27:45,160 --> 00:27:48,119
Speaker 2: money story together. You've got ninety five grand in super

630
00:27:48,240 --> 00:27:50,879
Speaker 2: be for real, Like, that's so much money. I would

631
00:27:50,920 --> 00:27:53,240
Speaker 2: not have expected that, especially when you said, look, I

632
00:27:53,280 --> 00:27:55,680
Speaker 2: went through a work cover incident, was off for three years,

633
00:27:55,920 --> 00:27:59,200
Speaker 2: obviously limited my career options and how that's going to grow.

634
00:27:59,320 --> 00:28:02,520
Speaker 2: But you've got it nearly one hundred thousand dollars in superannuation,

635
00:28:03,200 --> 00:28:05,680
Speaker 2: Like it sounds like you're killing it. But you also

636
00:28:05,800 --> 00:28:08,200
Speaker 2: said that we receive what would it take to get

637
00:28:08,240 --> 00:28:09,320
Speaker 2: to an a to.

638
00:28:09,240 --> 00:28:13,080
Speaker 3: Be confident investing in more than just my super I'm

639
00:28:13,400 --> 00:28:15,359
Speaker 3: very much and this comes from that scarcity mindset, like

640
00:28:15,359 --> 00:28:16,919
Speaker 3: a bricks and mortar kind of person. I would buy

641
00:28:16,960 --> 00:28:19,720
Speaker 3: an investment property before I would buy a share. But

642
00:28:20,440 --> 00:28:22,879
Speaker 3: in saying that the bank of Pop who always had

643
00:28:22,880 --> 00:28:24,880
Speaker 3: the credit card ready came from shares, So.

644
00:28:25,280 --> 00:28:28,359
Speaker 2: I love that. You're like, maybe there is something to that.

645
00:28:28,960 --> 00:28:33,640
Speaker 3: Yeah, definitely, but yeah, I think just investing and trying

646
00:28:33,680 --> 00:28:37,200
Speaker 3: to find I guess consistent income for me would get

647
00:28:37,240 --> 00:28:39,120
Speaker 3: me more to that A. I think work covers a

648
00:28:39,120 --> 00:28:41,960
Speaker 3: tricky beast to be involved in and there's a lot

649
00:28:42,000 --> 00:28:44,200
Speaker 3: of additional costs and things that they don't kind of

650
00:28:44,320 --> 00:28:46,240
Speaker 3: share with you. So that's impacted us a fair bit.

651
00:28:46,720 --> 00:28:50,520
Speaker 2: Yeah, that's really stressful, well, money direst Unfortunately, that is

652
00:28:50,560 --> 00:28:52,680
Speaker 2: all we have time for today. It has been a pleasure.

653
00:28:52,720 --> 00:28:55,080
Speaker 2: Thank you so much for sharing some of your story

654
00:28:55,120 --> 00:28:57,760
Speaker 2: with us. I love where you're going, and I hope

655
00:28:57,760 --> 00:28:59,360
Speaker 2: that in a couple of years you're like, hey, be

656
00:28:59,520 --> 00:29:03,000
Speaker 2: can we do an updated money diary because everything has changed.

657
00:29:03,160 --> 00:29:04,920
Speaker 2: I just feel like that will be so cool.

658
00:29:05,200 --> 00:29:07,320
Speaker 3: Yes, we'll have to do it in person on the Bushblock.

659
00:29:07,480 --> 00:29:10,479
Speaker 2: Yes, please please, I want to explore so thank you

660
00:29:10,520 --> 00:29:12,480
Speaker 2: so much for joining us. I know that the community

661
00:29:12,480 --> 00:29:14,840
Speaker 2: has adored this just as much as I have, and

662
00:29:14,880 --> 00:29:16,680
Speaker 2: I hope that we get to cross paths in person

663
00:29:16,720 --> 00:29:17,280
Speaker 2: at some point.

664
00:29:17,360 --> 00:29:18,480
Speaker 3: Perfect. Thank you so much.

665
00:29:24,760 --> 00:29:27,280
Speaker 2: The advice shared on She's on the Money is general

666
00:29:27,320 --> 00:29:31,200
Speaker 2: in nature and does not consider your individual circumstances. She's

667
00:29:31,240 --> 00:29:34,640
Speaker 2: on the Money exists purely for educational purposes and should

668
00:29:34,720 --> 00:29:37,880
Speaker 2: not be relied upon to make an investment or financial decision.

669
00:29:38,280 --> 00:29:40,720
Speaker 2: If you do choose to buy a financial product, read

670
00:29:40,760 --> 00:29:44,920
Speaker 2: the PDS TMD and obtain appropriate financial advice tailored towards

671
00:29:44,920 --> 00:29:48,240
Speaker 2: your needs. Victoria Divine and She's on the Money are

672
00:29:48,280 --> 00:29:53,320
Speaker 2: authorized representatives of money. Sheirper Pty Ltd ABN three two

673
00:29:53,320 --> 00:29:56,320
Speaker 2: one IS six four nine two seven seven zero eight

674
00:29:56,640 --> 00:30:01,040
Speaker 2: AFSL four five one two eight nine.

675
00:30:00,720 --> 00:30:04,080
Speaker 3: Impact the steer