Speaker 1: Hello.
Speaker 2: My name's Satasha Nabananga Bamblet. I'm a proud Order Order
Speaker 2: Kerni Whoalbury and a waddery woman. And before we get
Speaker 2: started on She's on the Money podcast, I would like
Speaker 2: to acknowledge the traditional custodians of the land of which
Speaker 2: this podcast is recorded on a wondery country, acknowledging the elders,
Speaker 2: the ancestors and the next generation coming through as this
Speaker 2: podcast is about connecting, empowering, knowledge sharing and the storytelling
Speaker 2: of you to make a difference for today and lasting
Speaker 2: impact for tomorrow.
Speaker 1: Let's get into it.
Speaker 3: She's on the Money, She's on the Money.
Speaker 1: Hello, and welcome to She's on the Money the podcast
Speaker 1: Millennials who want Financial Freedom. My name is Becksided, and
Speaker 1: today we're talking about investing in your future self with
Speaker 1: Victoria Divide. Oh my gosh, how surprising I'm here. Hets Wednesday.
Speaker 1: Who knows? Who knows it's going to happen? Actually, honestly,
Speaker 1: every single episode, who knows what's going to happen?
Speaker 2: Oh?
Speaker 1: Well, it does often go off the rails, but that's okay.
Speaker 1: We try our best and that's all that matters. Exactly.
Speaker 1: We're human. Beck I want to know how do you
Speaker 1: feel about investing in yourself. I'm really excited for this topic,
Speaker 1: but I'm putting like a spin on it. That's like
Speaker 1: self care, pamper meditation retreat. You're probably thinking finance. I
Speaker 1: feel like caring about your financial life is one of
Speaker 1: the biggest forms of self care. Oh yeah, okay, I
Speaker 1: see where you're coming from. I genuinely think that to
Speaker 1: care about your financial life is caring about yourself and
Speaker 1: your future deeply. Like we can get a facial, we
Speaker 1: can have a spa moment, but like that's fleeting, investing
Speaker 1: for your future and putting yourself in a position where
Speaker 1: you're never going to worry about money slay. True, Actually
Speaker 1: that's longer term. Like I would much prefer to be
Speaker 1: mentally at peace than to be physically at peace. WHOA,
Speaker 1: That's where we differ, except I really like massages, so
Speaker 1: I'm not sure I would give up one or the other.
Speaker 1: I think that's why, you know, when we talked a
Speaker 1: little while ago about the fire movement, financial independence, retire
Speaker 1: early and how people like save like eighty percent of
Speaker 1: their income or invest eighty percent of their income and
Speaker 1: then retire really early because they like, forgo all of
Speaker 1: the nice things in life. That's not what you and
Speaker 1: I are for No, we are more in the moment, girlies.
Speaker 1: We and enjoy the journey, girly kind of thing. I
Speaker 1: respect it, but I can't do it. Yeah, like it's nice,
Speaker 1: it's not for me, and that's fine, completely agree. But
Speaker 1: let's get back to the topic and talk about investing
Speaker 1: in your future self. I want to know, huh, do
Speaker 1: you know where you want to be in ten years?
Speaker 1: I have not a single clue. I want to maintain
Speaker 1: my friendship, I want to have a healthy social circle,
Speaker 1: and I want to be happy. And I want to
Speaker 1: be in Melbourne. That's all I do. And you want
Speaker 1: to be in Melbourne. That's very specific. I know the
Speaker 1: street I want to be on as well, but I
Speaker 1: know that street. We're not going to say it, though,
Speaker 1: because maybe if someone's listening to this in ten years,
Speaker 1: they'll know where to find you and you're going to
Speaker 1: be like really famous by then as a convenian or something. Yeah,
Speaker 1: one hundred percent. Sweet, Well, you're the funniest person I know. Well,
Speaker 1: I'm running your coach howls baby, keeping on say kind
Speaker 1: of short so you don't know where you want to
Speaker 1: be in ten years. I feel like I don't either,
Speaker 1: and I hate these questions. Do you know what I
Speaker 1: hate the most? Again? Side note, when people in interviews
Speaker 1: go back, where do you see yourself in two years?
Speaker 1: Where do you see yourself in five years? I don't know, Sharon.
Speaker 1: Where you do see yourself still in this HR role
Speaker 1: in ten years? Who knows? I don't know. Anyway, I
Speaker 1: never ask that in interviews because I feel like people
Speaker 1: just give generic answers and it's not a one on
Speaker 1: one where we're actually trying to better ourselves. Like in
Speaker 1: that moment, I'm trying to sell myself, so I'll be like, oh,
Speaker 1: definitely working for your energy corporation totally, and you want
Speaker 1: to box yourself in mentally, But I get it. I
Speaker 1: don't know where I want to be in ten years either.
Speaker 1: In fact, if you told me ten years ago that
Speaker 1: this is where I would be, I wouldn't have believed you.
Speaker 1: Are you the same? Yeah? Definitely, you're like, oh, this
Speaker 1: is brogue. I didn't even know podcasting was a thing
Speaker 1: ten years ago, truly, even like one second ago, Like
Speaker 1: what I have a recording now? I feel like, oh,
Speaker 1: thanks for showing up. But I feel like it's really
Speaker 1: easy to get caught up in the day to day,
Speaker 1: and before you know it, then a year has passed
Speaker 1: and you've completely forgotten to zoom out and focus on
Speaker 1: the bigger picture, and the next minute, two or three
Speaker 1: years have completely flown by, and you're just in a
Speaker 1: pattern of responding to events as opposed to shaping your
Speaker 1: own future. And that doesn't mean you need to know
Speaker 1: where you're going. It doesn't mean that you know who
Speaker 1: you want to marry, or even if you want to
Speaker 1: get married, or it doesn't mean that you know what
Speaker 1: job you want to do. But I want to talk
Speaker 1: about investing in your future self today because I feel
Speaker 1: like this idea of investing in your future self makes
Speaker 1: us feel like we have to have clarity on where
Speaker 1: we want to go, when the reality of this is
Speaker 1: we actually just want to make sure that we've got
Speaker 1: our finances in order so that when we do decide
Speaker 1: where we want to go, we can afford it, and
Speaker 1: that when we do get to that point, we're in
Speaker 1: a good financial position, or we're in a good position
Speaker 1: in general to have choice, because so many people don't
Speaker 1: have the freedom of choice, and a lot of the time,
Speaker 1: it's actually about good structuring. It's not about having the
Speaker 1: biggest income. It's not about going well. Beck in ten
Speaker 1: years time, I better be earning more than double what
Speaker 1: I earn today. Like, okay, cool. But even if that's
Speaker 1: your goal, if you invest consistently and we focus on
Speaker 1: your bad debts and paying those off and focus on
Speaker 1: having a good mindset, ten years from now, you're going
Speaker 1: to have so much more freedom than just earning double right,
Speaker 1: Like it sounds sexy. But even if in ten years
Speaker 1: you're earning double Beck and you don't, I don't have
Speaker 1: a good mentality when it comes to saving and investing.
Speaker 1: That doesn't make you more financially free. That's powerful, and
Speaker 1: it's hard to swallow because I think so many of
Speaker 1: us say, we'll do it tomorrow, doesn't matter. I will
Speaker 1: start investing when I get a pay rise. I'll start,
Speaker 1: you know, saving once you know I get my bonus
Speaker 1: or I do my tax return. How many of us
Speaker 1: are guilty of those things. It's actually about pulling our
Speaker 1: finger out and going well, actually investing in my future self.
Speaker 1: Future me deserves that. Yes, like future me deserves a
Speaker 1: few extra dollars. Future me deserves the clarity of knowing
Speaker 1: that I'm going to be cared for. And I don't
Speaker 1: think there's anything sexier. And it's only starting to come
Speaker 1: to fruition for me now that when I look at
Speaker 1: my investment portfolio and I'm like, yeah, I did that,
Speaker 1: Like that's cleah, that's for me. It's starting to pay
Speaker 1: dividends that aren't one cent, Like when it was paying
Speaker 1: dividends of like one and two cents, I was like,
Speaker 1: what is this for? Like obviously I fully comprehended it,
Speaker 1: but it doesn't feel that sexy. Yeah, but now it's
Speaker 1: starting to pay for future self, I'm like, oh, thanks,
Speaker 1: pass b, you kind of smart. You did a good thing, definitely,
Speaker 1: And I imagine, like even if you can't physically put
Speaker 1: money aside right now, even just like getting your mentality right.
Speaker 1: But no, I am really looking forward to like being motivated,
Speaker 1: and my whole employment and financial situation basically depend on this.
Speaker 1: So we have had many twists and turns this year,
Speaker 1: already talking about myself through a redundancy, a brand new
Speaker 1: job like you've gone to Japan, like you've had You've
Speaker 1: had a turn, created a whole new baby like I
Speaker 1: made a whole human. So many things have happened this
Speaker 1: past year, isn't it wild? So where do we start?
Speaker 1: I don't know, so I'm glad that you're here to
Speaker 1: tell us. I am so right down everyone. So we
Speaker 1: start at the very end, and I think that that
Speaker 1: is not what you expected to hear. And no, you
Speaker 1: don't need to know what your career is going to be, like,
Speaker 1: you don't need to know who you're going to marry.
Speaker 1: You don't even need to have the answer of whether
Speaker 1: you want to get married answered here. But we start
Speaker 1: at the end when it comes to investing for your retirement.
Speaker 1: And it's I've been talking about retirement a lot recently
Speaker 1: because this is so bougie. Are you ready? I'm on
Speaker 1: a working group with a sick to talk about how
Speaker 1: to get more millennials invested and more millennials engaged with
Speaker 1: their superannuation, which is really hard, right because like, who
Speaker 1: wants to talk about super? I really thought you were
Speaker 1: about to say that you're retiring it right now. I'm not. Well,
Speaker 1: you will soon, I'm sure, Yeah, you're on your way.
Speaker 1: I don't think I want to retire, so I've got
Speaker 1: stuff to do. I've got places to be people to
Speaker 1: see any like podcasts to make. But I'm on this
Speaker 1: working group and we've been talking about this concept of
Speaker 1: language around superannuation and how we don't really care about
Speaker 1: the idea of retirement because it feels like so far off.
Speaker 1: And I've been putting forward this concept of changing the
Speaker 1: language to just talking about creating financial freedom and the
Speaker 1: idea of talking about, you know, having financial freedom. If
Speaker 1: I said to you, do you want to retire? You go, oh,
Speaker 1: one day, I don't care. But if I go, do
Speaker 1: you want to create more financial security financial freedom, You'll
Speaker 1: be like, sounds pretty good to be Actually, sounds like
Speaker 1: something I'm interested in. It doesn't sound so far off
Speaker 1: in the distance that you shouldn't care about it. Yeah,
Speaker 1: it seems a little bit more within reach. Yes. So
Speaker 1: what we're going to do is actually start at the
Speaker 1: end and we're going to look at what your biggest
Speaker 1: investment of your entire lifetime is arguably going to be,
Speaker 1: and that's your superranuation. So it's not a sexy thing
Speaker 1: to talk about because I think so many times we
Speaker 1: just go, oh, you're talking about super again. But it's
Speaker 1: going to be arguably the biggest investment of your entire life,
Speaker 1: and your superranuation is your money, like you're contributing to
Speaker 1: it each and every single month. Start caring about your cash, babe,
Speaker 1: like you've never had so much in savings. I can
Speaker 1: almost guarantee that. Start caring about where it's invested. The
Speaker 1: first thing you're going to do is you're going to
Speaker 1: check and consolidate your supranuation accounts if that is available
Speaker 1: to you. It is so easy to do that nowadays.
Speaker 1: You don't even have to know what super fun you're with.
Speaker 1: You just have to log into my gove and it
Speaker 1: will tell you what super fun you have open, and
Speaker 1: you know what, you don't even have to leave that
Speaker 1: website to consolidate your super It's one button, pick easy, Easy.
Speaker 1: It's actually one button, which is scary because that doesn't
Speaker 1: take into consideration any of your insurances on those super policies.
Speaker 1: So I need you to check that before you click
Speaker 1: that button, because if you click that button, there's no
Speaker 1: going back, And that sounds kind of scary, but I
Speaker 1: also don't want you to miss that when it comes
Speaker 1: to insurances. But most of us accumulate multiple super accounts
Speaker 1: over our lifetime, and I've told you before on the pod,
Speaker 1: I made a really ugly graphic because I'm not a
Speaker 1: graphic designer. That's why we hired one. But I made
Speaker 1: a really ugly graphic a couple of years ago showing
Speaker 1: how my SUPER accounts. I had more than five accounts
Speaker 1: that when I consolidated them over the entire time I
Speaker 1: would have had those Super accounts if I had them
Speaker 1: to retirement. It saved me seventy thousand dollars in face,
Speaker 1: whoa seventy grand that's like, that's somebody's whole house deposit.
Speaker 1: That's like a whole someone super. That's actually so much money.
Speaker 1: And I calculated that by consolidating my SUPER and not
Speaker 1: paying fees and not paying insurances across all of those
Speaker 1: because they were all default, I saved myself seventy grand
Speaker 1: by doing that. That's incredible. You don't even have to
Speaker 1: have any cash in your bank account right now to
Speaker 1: save yourself seventy grand. Like that's a good deal. Yeah, Anyway,
Speaker 1: I can almost guarantee that you're not contributing as much
Speaker 1: to Savings as you are to Super, and right now, Beck,
Speaker 1: you're contributing eleven and a half percent to Super. That's
Speaker 1: so many dollarus so many. We're going to start caring
Speaker 1: about that because over your lifetime, by making sure that
Speaker 1: your super contributions are being made. We don't just trust
Speaker 1: our employers, Beck, we triple check. We just go in
Speaker 1: and we log in and we check because it's so
Speaker 1: hard to recover that if years passed, but it's really
Speaker 1: easy to nip it in the bud. If you haven't
Speaker 1: been paid in the last six months, we can triple check.
Speaker 1: But what we're going to do is make sure that
Speaker 1: we're in the right fund because making sure that we
Speaker 1: are in a fund that performs for us is going
Speaker 1: to mean that we're arguably almost hundreds of thousands of
Speaker 1: dollars better off in retirement. Right that's free money just
Speaker 1: by doing your checks right now, Like I love free money.
Speaker 1: You love free money. Who doesn't love free money? Why
Speaker 1: aren't we caring about it? Because it might not be
Speaker 1: free money today, That's why you don't care about it,
Speaker 1: but it's free money in retirement. True future, you's gonna
Speaker 1: thank you. We're also going to look into whether you
Speaker 1: can make extra super contributions.
Speaker 2: Yeah.
Speaker 1: Right now, we're in a cost of living crisis. We're
Speaker 1: in the COZI leaves babes, So you probably not right. So,
Speaker 1: like lots of you are gonna roll your eyes and
Speaker 1: be like, be that's unobtainable. Yeah, but we're going to
Speaker 1: check and if it makes sense to you and it's
Speaker 1: something that you want to do, you could potentially do that.
Speaker 1: It could potentially reduce your taxable income, which might be
Speaker 1: really sexy. So just check. If you can, you can,
Speaker 1: If you can't, I get it, you know this already.
Speaker 1: But if you make like after tax contributions, yeah you
Speaker 1: can claim it on tax but I don't really know
Speaker 1: how to do that. I just know that's a thing. Yeah,
Speaker 1: I'll help you. If you ever do that, you let
Speaker 1: me know and I do it for you. The next
Speaker 1: is we're going to look into government co contributions because,
Speaker 1: like again, we love free money, and that's a very
Speaker 1: complex way of saying the government's going to give you
Speaker 1: free cash. I love taking money from the government. Like,
Speaker 1: if I'm going to take it from anybody, the government
Speaker 1: is who I want to borrow it from. Totally borrow
Speaker 1: in quotation marks, right, But for low to middle income
Speaker 1: earners who make personal after tax contributions to their superannuation,
Speaker 1: the Australian government offers what they call their co contribution scheme,
Speaker 1: aka they give you free money for doing something good
Speaker 1: for your future. Scheme and if you earn less than
Speaker 1: forty five four hundred dollars in the twenty twenty four
Speaker 1: to twenty twenty five financial year and are eligible to
Speaker 1: make a personal after tax contribution, you could receive a
Speaker 1: maximum of five hundred bucks in addition to your contribution.
Speaker 1: That's not bad. Five hundred dollar reduce. That's a lot
Speaker 1: of money. The government is going to contribute fifty cents
Speaker 1: for every dollar you contribute up to five hundred dollars.
Speaker 1: How kind. Oh my god, gosh, that's such a good
Speaker 1: saving strategy. I feel like that's something that my dad
Speaker 1: might have implemented when I was younger, Like if you
Speaker 1: save a dollar for every dollar, I'll match it with
Speaker 1: fifty cents. Like that's motivating. Yeah right, I mean I
Speaker 1: save up for something. So I feel like having a
Speaker 1: look at that, because again, free cash. If you're eligible
Speaker 1: and you earn between forty five four hundred dollars and
Speaker 1: sixty thousand and four hundred dollars in the twenty twenty
Speaker 1: four to twenty twenty five financial year, you might still
Speaker 1: receive a partial co contribution. However, the more you earn,
Speaker 1: the less co contribution you'll leave. Because obviously, if you're
Speaker 1: well off, like, it doesn't make a lot of sense
Speaker 1: to give you free money, like you just don't need
Speaker 1: it as much as everybody else. And I feel like
Speaker 1: that's how the tax system should work in general, but
Speaker 1: las it does not. And that's a conversation for another day.
Speaker 1: I know that's really outrageous. I mean, the more you earn,
Speaker 1: the more you're taxed. But like I feel like there
Speaker 1: should be less tax at one end and more tax
Speaker 1: at another end. But again, conversation for another day. And
Speaker 1: we can't really clarify what end, but it's unspoken specs
Speaker 1: like yeah, tax the poor, tax all tax the poor.
Speaker 1: Sure they could get away with the feel like there's
Speaker 1: a lot of things that we could learn. Oh yeah,
Speaker 1: just in case anyone is wondering, we are joking. Now
Speaker 1: that was a joke. That was a joke. What is next?
Speaker 1: All right? So next we're going to look at your
Speaker 1: most precious asset. Do you know what that is? Beck
Speaker 1: the heart? No, it's you making investments in yourself, investing
Speaker 1: in personal growth. And development I think is absolutely crucial
Speaker 1: for enhancing not just your future opportunities, but your overall
Speaker 1: well being. I've said this time and time again. You
Speaker 1: can't just expect to be given a pay rise if
Speaker 1: you are not putting in the time and the energy
Speaker 1: and the effort. Like, don't get me wrong, there are
Speaker 1: a lot of people that you would look at and
Speaker 1: be like, fire out. They've had a free ride. But
Speaker 1: that's luck, and luck doesn't often come into your career,
Speaker 1: doesn't often come into your earning potential. So is their
Speaker 1: inability to educate yourself further upskill or you know, create
Speaker 1: career development opportunities for yourself. If you're furthering your education
Speaker 1: or deciding to acquire new skills, that can significantly enhance
Speaker 1: your earning potential, and it can also open up at
Speaker 1: the door for a whole heap of different career opportunities.
Speaker 1: Is there something that you could upskill in? It doesn't
Speaker 1: have to be going back to university, but could you
Speaker 1: like do an online short course or you know, do
Speaker 1: some online tutorials to bridge a skill gap, thus increasing
Speaker 1: your earning capacity. So something I love and like you
Speaker 1: guys already know this is YouTube. The amount of stuff
Speaker 1: I've learned on YouTube, Like even when I was in university,
Speaker 1: the amount of stuff I learned about how to use Excel,
Speaker 1: like just for free. And now I'd say I'm an
Speaker 1: EXL wizard, Like I build complex spreadsheets that are bordering
Speaker 1: on software, which you know, very impressive. It's not impressive
Speaker 1: when you know how to do it, you'll be sure,
Speaker 1: oh this is easy. But the amount of money I
Speaker 1: could have earned in addition because I had that skill,
Speaker 1: But also what that does for me. So I remember
Speaker 1: building a macro, which if you don't know what that is,
Speaker 1: that's absolutely fine, but it's just a term INXL for
Speaker 1: a repetitive task, right right. I basically made myself redundant
Speaker 1: in one part of my role because it was such
Speaker 1: a manual process. But I built a macro so it
Speaker 1: could do it. And then my boss thought I was
Speaker 1: a genius because you know, I was so good and
Speaker 1: so quick at this, and they were often saying like,
Speaker 1: oh my god, and she's always right. Do you know
Speaker 1: why I was always right? Because I took out the
Speaker 1: human error. Oh, like this computer software was doing it
Speaker 1: perfectly every time, whereas historically when I was doing it manually,
Speaker 1: i'd sometimes like cut and paste the numbers incorrectly. Sure,
Speaker 1: I guaranteed that wouldn't happen, And I also saved myself
Speaker 1: a heap more time, thus creating more opportunities for career development.
Speaker 1: So I feel like so many of us think that
Speaker 1: career development is actually just us having to go back
Speaker 1: to UNI or getting a whole last new degree. Yeah,
Speaker 1: to put our in a better position. But is there
Speaker 1: something you can just learn on YouTube that would help you?
Speaker 1: Like if you are in podcasting like us, can you
Speaker 1: learn about a new software? Can you learn about how
Speaker 1: to become quicker at editing? Can you learn about, you know,
Speaker 1: different ways to do something that you're already doing in
Speaker 1: a more efficient manner. If you're not sure, can you
Speaker 1: ask your boss? You know, what would be helpful? What
Speaker 1: would mean that I am upskilling? What would get me
Speaker 1: to the next step in my career? Ask these questions?
Speaker 1: And I mean, we've done a heap of episodes about
Speaker 1: furthering your career, so go have a look at those.
Speaker 1: But when it comes to further in your career, sometimes
Speaker 1: just putting your hand up and saying that you're interested
Speaker 1: in it can be a sign that you are interested
Speaker 1: in it, and you're going to be more considered than
Speaker 1: the next person. True, So have these conversations. Another free
Speaker 1: resource I adore is Courserah. You saying, Sarah, course Sarah
Speaker 1: about this. I've never heard of Coursera. She sounds beautiful.
Speaker 1: I will send you a link our podcast producers passing
Speaker 1: becka pen right now Courserah, cour Sarah. How do I
Speaker 1: spell that? Please? Ce O, you are s eer A.
Speaker 1: Thank you so much. That's great. Do you know what
Speaker 1: it is you're writing a town searing Ah? I know
Speaker 1: what that is. No, go ahead. University's online put units
Speaker 1: on Coursera for you to do for free. So it's
Speaker 1: like a university course, but it is for free, and
Speaker 1: you could do literally any unit from thousands of universities
Speaker 1: across the world. You could go to Harvard for a unit.
Speaker 1: You could go to Yale free unit. You could do
Speaker 1: all of these fancy things. I have used them a
Speaker 1: couple of times to upskill in a finance capacity. So
Speaker 1: when I was like, oh, far out, I'd love to
Speaker 1: know a bit more about you know this, this or this,
Speaker 1: I did a mini course in it or a mini
Speaker 1: unit in it, and the only time I had to
Speaker 1: pay was if I wanted the certificate. At the end,
Speaker 1: I didn't want the certificate, okay, and so I didn't
Speaker 1: pay for it. Was it like the same price as
Speaker 1: like a whole way. No, it was like two hundred dollars,
Speaker 1: So it was like a lot of money for a certificate.
Speaker 1: But if you really want the certificate and you want
Speaker 1: to add it to like you know, you'll linked in
Speaker 1: or something, sure you can definitely download it and add it.
Speaker 1: But I just did it and I enjoyed it, and
Speaker 1: it was really really integrated. It was literally like a
Speaker 1: university course online like it was for twelve weeks. You
Speaker 1: turn up to class, you have assignments, you do all
Speaker 1: of these things, and you come out with a new
Speaker 1: skill and it was free. Isn't that cool? So cool.
Speaker 1: There's a few options online, but Courserah is the one
Speaker 1: that I used, and I think that upskilling yourself. I
Speaker 1: think that's really sexy. Yeah, there's something motivating about it
Speaker 1: as well. Absolutely. The other thing on the flip side
Speaker 1: is making sure that you're doing the best thing for
Speaker 1: your health and well being. I feel like you're really
Speaker 1: good at this beck you're like frowning as though you're
Speaker 1: not but you are, thank you, so really good at
Speaker 1: putting yourself first. And I'm not here to guild anybody
Speaker 1: into signing up for the gym. I mean, Beck is
Speaker 1: already a little gym rat. Do you know what she
Speaker 1: came in with? Beck? What's in that mug? My protein
Speaker 1: mug cake? Yeah, sexy, it looks rank. I'm sure it
Speaker 1: tasted good. It tastes a bit rig too, but it's
Speaker 1: actually to invest in my future self. I like that,
Speaker 1: but it's so important to support your own well being.
Speaker 1: There's no chance you could get me to try that mugcake.
Speaker 1: And I'm not going to the gym. But it's about
Speaker 1: knowing ourselves and whether we're willing to take time out
Speaker 1: for a walk, but making sure that we're getting away
Speaker 1: from our screens and continuing to connect with friends and
Speaker 1: focus on our mindfulness. I know that that sounds really flippant,
Speaker 1: but it actually has a massive impact. The next thing
Speaker 1: I want to talk about is health insurance. So we
Speaker 1: are so lucky to have a very sexy medicare system
Speaker 1: in Australia, Like we are so looked after, but you
Speaker 1: can't really put a price on health, and like I say,
Speaker 1: the best kind of insurance is one you never need,
Speaker 1: so I do want it to be a bit of
Speaker 1: a waste of money. I do understand at this point
Speaker 1: in time, lots of us are relooking at our health
Speaker 1: insurance and going is it worth it? I don't think
Speaker 1: it is. Let's get rid of it. But if you
Speaker 1: don't have health insurance and you are using seeing lots
Speaker 1: of additional services, like you're going and getting lots of
Speaker 1: remedial massages, or you're going and seeing the physio because
Speaker 1: it is best for you, please have a look because
Speaker 1: you could be getting some money back and it could
Speaker 1: actually put you in a better financial position, like so
Speaker 1: many times. And I know, Beck, you're one of these
Speaker 1: people that you're like, I don't need private health insurance,
Speaker 1: and I'm like, I get it. You've told me your
Speaker 1: reasons and it makes sense. But if you'd started to
Speaker 1: go to the physio or heat because you're going to
Speaker 1: the gym a lot, I'd be like, they have a
Speaker 1: look at it because it could actually put you in
Speaker 1: a better financial position. And that makes sense. Yeah, you're
Speaker 1: not there yet though, so it makes much sense for you.
Speaker 1: The next thing I wanted to talk about is really
Speaker 1: prioritizing your physical and mental health today, because if you
Speaker 1: can't get on top of it, it's going to build
Speaker 1: up and cost you a lot in the future. This
Speaker 1: is some words of wisdom from my dad. He like
Speaker 1: in stress because I was having a pretty stressful period
Speaker 1: earlier this year and I was saying, it's so stressful,
Speaker 1: but that's okay, like, you know, I'll get through this,
Speaker 1: I'll do this. And he said to me, Victoria, you
Speaker 1: need to be really careful of stress, because stress is
Speaker 1: like beastings. You can have a beasting you once and
Speaker 1: it's fine. You could even have a beasting you twice
Speaker 1: and it's fine. But every single time a beastings you,
Speaker 1: it gets harder to get over, and at some point
Speaker 1: you have an anaphylactic reaction and it's something that you
Speaker 1: need to go to hospital for. And stress can be
Speaker 1: like that. It kind of compounds over time. It's like investing.
Speaker 1: You kind of just start to see it tick away
Speaker 1: and it doesn't make sense, and it might be a
Speaker 1: little bit more stressful than it was before, but over
Speaker 1: the long period of time, it has a significant impact
Speaker 1: on your mental and your physical health. So if something
Speaker 1: is stressing you out, getting on it now is going
Speaker 1: to save future you from essentially burnout and putting yourself
Speaker 1: in the worst possible position. And I think that that
Speaker 1: is honestly some pretty good dad advice. Oh yeah, yeah, yeah.
Speaker 1: Stress is very bad for the health. It is, but
Speaker 1: like long term, long term stress. But I understand this
Speaker 1: obviously does not apply to people who have clinical mental
Speaker 1: health illnesses. Is more just for people who are stressed
Speaker 1: in their day to day lives and can maybe get
Speaker 1: on the top of that. Meditation. Try meditation, love meditation.
Speaker 1: If you're going through a serious mental health issue and
Speaker 1: someone mentions meditation to you, like you've got my permission
Speaker 1: to just knock around a little bit totally. Have you
Speaker 1: tried meditation back? I got one of them. Fortunately, No,
Speaker 1: But you're not saying it once you've heard that they've
Speaker 1: been diagnosed with something. Oh yeah, so seeing my cych
Speaker 1: and I got diagnosed with X, Y and Z, and
Speaker 1: you'll be like, oh my gosh, that's so bad. Have
Speaker 1: you tried meditation over a wall just get outside the sun?
Speaker 1: Oh my gosh. I never. I would never either, But like,
Speaker 1: these people deserve a little bit of a smacky smack.
Speaker 1: Oh absolutely, I think let's go for a really quick break.
Speaker 1: Let's keep venting about those people, and I'm going to
Speaker 1: make you try my mud cake. Okay, don't go anywhere, guys.
Speaker 1: Welcome back everyone. We are talking about investing in your
Speaker 1: future self. See what is next? Financial planning, Ah, the
Speaker 1: good stuff. I think this is really important to touch
Speaker 1: on because I think so many people think that financial
Speaker 1: planning is for the rich, and it is not. It
Speaker 1: is for everybody so that they get ahead. You could
Speaker 1: be someone who has a solid financial plan and you
Speaker 1: are currently jobless. You could be someone who has a
Speaker 1: solid financial plan and earned five hundred grand a year.
Speaker 1: You could also be someone who has five hundred grand
Speaker 1: a year coming in and have absolutely no financial plan
Speaker 1: and you're backing yourself into a corner so that when
Speaker 1: you retire you have zero dollars. I think there is
Speaker 1: this misconception that high income equals high output, and that's
Speaker 1: not the case. The amount of people when I was
Speaker 1: working as a financial advisor that I saw free to
Speaker 1: or away more money than I had even been able
Speaker 1: to fathom at that point in my life is mind blowing.
Speaker 1: Like the amount of people I met that literally had
Speaker 1: four hundred thousand dollars incomes and worse, naughting it up
Speaker 1: their noses is wild, right right, Like, I kid you not,
Speaker 1: and I'm not saying that that's always the issue, but
Speaker 1: it is so easy to experience lifestyle creep at any
Speaker 1: income level, and I think that it is naive of
Speaker 1: us to assume that we'll be better at it when
Speaker 1: we have more income. Like I know that you might
Speaker 1: be in the middle of a really shitty personal debt
Speaker 1: bubble and you might not feel like you're getting ahead,
Speaker 1: but having a good idea of what's coming into your account,
Speaker 1: what's going out of your account, and what your expenses
Speaker 1: are is going to put you in the control seat.
Speaker 1: It's going to put you in the best possible position
Speaker 1: to be successful long term. So the first thing we're
Speaker 1: going to do beck irrespective of whether you have debt
Speaker 1: or not, is established an emergency fund. You and I
Speaker 1: have talked about this before. I think that every single
Speaker 1: person should have access to an emergency fund, even when
Speaker 1: they're in significant personal debt. And the reason I believe
Speaker 1: that is because if an emergency arises, you don't have
Speaker 1: to go further into debt to cover that, even if
Speaker 1: you've paid off a significant amount of your debt. Having
Speaker 1: money to the side, even if it's a couple of
Speaker 1: one hundred dollars and you paid your speeding fine in
Speaker 1: cash and didn't go further into debt, it reinforces that
Speaker 1: you are on the right track and you are doing
Speaker 1: the right thing. There is nothing worse than being in debt.
Speaker 1: Something popping up and you're going, it was really trying
Speaker 1: to pay off my zip pay, I'm gonna have to
Speaker 1: go further into zip pay debt and you've just been
Speaker 1: working so hard. It feels like you're taking a step back.
Speaker 1: I mean, there's not one thing that is gratifying about
Speaker 1: getting a speeding fine, right, Like, no one likes that.
Speaker 1: But Beck, if you got that and then you had
Speaker 1: the cash for that, you're going to go I'm different,
Speaker 1: I'm changing. I'm not who I used to be when
Speaker 1: it comes to money. And yeah, I've still got debt,
Speaker 1: but I am on the right track. I'm on the
Speaker 1: right path. I am doing the right thing for future me. Yes, Like,
Speaker 1: it feels so liberating to have some cash to pay
Speaker 1: for something that you didn't expect to have to pay for.
Speaker 1: It really does. It's so nice. So that for me
Speaker 1: is really important. If you do have an emergency fund,
Speaker 1: please make sure it is in a high interest savings
Speaker 1: account and working as hard as you do for it.
Speaker 1: Don't just let it sit over there and not have
Speaker 1: a job. He'll give your money a job. The next
Speaker 1: is I want you to look at investing and if
Speaker 1: you are already making sure that your investments are well diversified,
Speaker 1: so can you start investing this year? It's not a
Speaker 1: bad thing to say no, beck I know you can.
Speaker 1: I know where you're at. You've got a bougie new job.
Speaker 1: You've been talking about investing for the last twelve months,
Speaker 1: and you've done approximately zero things to step towards investing.
Speaker 1: And that's okay, And to be honest, lots of us
Speaker 1: are in that position. How many of us, bin, she's
Speaker 1: on the money content, You're like, next episode, I reckon,
Speaker 1: I'm going to get the motivation and I'm going to
Speaker 1: start investing. And then you finish it and you're like,
Speaker 1: not yet, though yet, not yet. That's totally okay, so normal,
Speaker 1: But that's what is called analysis paralysis. And sometimes we
Speaker 1: have to pull our finger out and agree that maybe
Speaker 1: we learn the most on the job. So maybe you'll
Speaker 1: learn the most about investing once you've just started. Yeah,
Speaker 1: so can you invest this year? If not, that's so fine.
Speaker 1: But if it's within your budget to even invest a
Speaker 1: couple of dollars a month, download a micro investing platform.
Speaker 1: Dip your toes in the water, see how it goes.
Speaker 1: There are so many platforms now where you can invest
Speaker 1: literally beck with as little as one cent. So dipping
Speaker 1: your toes in the water, you can just see what
Speaker 1: it's like. You can download the up you see how
Speaker 1: it goes up and down. You can get ten bucks
Speaker 1: for free. Like we've got our shares this coach. You
Speaker 1: can play with our money instead of your true Actually,
Speaker 1: I'm running this down because I am going to do
Speaker 1: this literally and how I say this all the time,
Speaker 1: but I am going to do this as soon as
Speaker 1: we get off this. Okay, I will not bully you
Speaker 1: into doing that when we get off. Yeah, I like it.
Speaker 1: But in addition to investing, if you have got a
Speaker 1: very serious investment portfolio. When I say very serious, I
Speaker 1: mean you're just consistently contributing to it. It doesn't mean
Speaker 1: it's you know, millions of dollars. It could be five
Speaker 1: hundred dollars, but you need to just make sure that
Speaker 1: we're thinking about diversifying so that you know, even if
Speaker 1: your portfolio is a total of you know, three or
Speaker 1: four hundred dollars, what next steps are you're going to
Speaker 1: make so but not all of your eggs are in
Speaker 1: one basket. So if you've been investing in one direct share, Beck,
Speaker 1: how are we going to get another area into our portfolio?
Speaker 1: So you might have been investing in property shares. How
Speaker 1: do we get you know, electricity or power or you know,
Speaker 1: something else into there so that if that industry or
Speaker 1: banking isn't doing so well, we know that our investments
Speaker 1: in another area are. If you're already investing in an ETF, Beck,
Speaker 1: what is that ETF? Can we have a think about it?
Speaker 1: Is it an Australian ETF or is it an international ETF?
Speaker 1: Maybe you're thinking, oh my gosh, I finally you know,
Speaker 1: cracked one thousand dollars in my investment portfolio and I
Speaker 1: really want to, you know, think about what my next
Speaker 1: movie is because this is starting to compound and it's
Speaker 1: really exciting. If you already have an Australian ETF, maybe
Speaker 1: have a think about whether you want to include an
Speaker 1: international ETF, or if you have an international ETF, think
Speaker 1: about an Australian one. And the reason we do that
Speaker 1: is because when the Australian market isn't performing that well,
Speaker 1: often international markets are. And when international market are, you know,
Speaker 1: not being so good, often Australia we live in a
Speaker 1: bit of a bubble. We're a smaller economy. We're doing
Speaker 1: pretty well. So that will even further diversify your investment portfolio.
Speaker 1: Hedge hedge in your bets. Who are you proud of me?
Speaker 1: I am so always proud of you, but like very
Speaker 1: especially proud of you when you use investing terminology. I
Speaker 1: love it, but we have so many episodes on the
Speaker 1: incent Of course, your investment strategy needs to align with
Speaker 1: your individual risk tolerance and your investment horizon and all
Speaker 1: your financial goals and all of that stuff. But have
Speaker 1: a think about how do I make sure that not
Speaker 1: all my eggs are in one basket? What does that
Speaker 1: look like?
Speaker 2: Sure?
Speaker 1: The next is do you have the right kind of insurances?
Speaker 1: So we're not talking private health here, private health take
Speaker 1: it or leave it, It's completely up to you. I
Speaker 1: need you to make sure that that's the right decision
Speaker 1: for you. So let's get educated. Let's listen to an
Speaker 1: episode on health insurance and whether it is for us
Speaker 1: and make a decision that works for you and your family.
Speaker 1: But inside your superranuation, and it's very likely that you
Speaker 1: have life insurance, it's very likely that you might have
Speaker 1: some type of TPD, which is total and permanent disability.
Speaker 1: If you hold insurance as outside of superannuation, you might
Speaker 1: have income protection, or you might have a trauma policy.
Speaker 1: If you don't know what any of those are, that
Speaker 1: is an instigator for you to check check your super
Speaker 1: Do you have default insurance? If you don't, do you
Speaker 1: need it? It's very different what your insurance needs look like.
Speaker 2: Beck.
Speaker 1: If you're like twenty one and live at home, how
Speaker 1: much insurance do you actually need? Or twenty one, you
Speaker 1: live at home, you don't have any dependence. You also
Speaker 1: don't have any debt. If something happened to you yesterday.
Speaker 1: Because we never wish anything on the future, there's not
Speaker 1: a lot of financial stuff for the people that you
Speaker 1: love to organize for you. Let's be honest. However, let's
Speaker 1: look at my situation. I am married, I have a
Speaker 1: new baby, I have a mortgage. If something happened to
Speaker 1: me yesterday, my partner is screwed. Without insurance that contributes
Speaker 1: to that mortgage. I have an income that is contributing
Speaker 1: to my son's life and his education and literally everything
Speaker 1: to provide for him until he reaches the age of eighteen.
Speaker 1: Without insurance, my family is significantly worse off. So I
Speaker 1: need to make sure that I have it. So is
Speaker 1: insurance for everybody? No, but it could definitely be for you.
Speaker 1: And if you haven't reviewed it, you definitely need to.
Speaker 1: And the next one, are you ready? I'm ready. It's
Speaker 1: not very sexy, right, it will very morbid, isn't it.
Speaker 1: It's a bit morbid, and it's definitely gone a bit morbid.
Speaker 1: But like my favorite podcast is called morbid, so like
Speaker 1: I'm fine with it. Like if my podcast is a
Speaker 1: little bit morbid, I'm alright with it. You know, But
Speaker 1: make a will because it may seem really far off
Speaker 1: that you need it, but you never know what is
Speaker 1: around the corner. And believe me, you do not want
Speaker 1: to lump your family and friends with any of the
Speaker 1: additional burden. If something happened to you yesterday, like it's
Speaker 1: really messed up. Beck. The stuff I have seen as
Speaker 1: a financial Advisor is the reason I am so wildly
Speaker 1: passionate about insurance. It's why I'm so wildly passionate about
Speaker 1: having a will. And if you listen to some of
Speaker 1: our money diaries, I think it will really drive that
Speaker 1: point home. So those are my top tips, and I
Speaker 1: feel like that's where we want to start financial planning.
Speaker 1: That's what we're going to do. I get you, Okay, Okay,
Speaker 1: even if it's you know, something that you feel like
Speaker 1: is so unlikely and so morbid, it's really good to
Speaker 1: be thinking about these things. So you know what, I'm going
Speaker 1: to have these conversations when you're in your right mind
Speaker 1: and want the best for future you and want the
Speaker 1: best for your family, not when you're forced to have
Speaker 1: them and you're making a decision out of desperation. Definitely,
Speaker 1: that's a really good point. So I guess onto the
Speaker 1: next thing let's talk about. Like I'm moving on, is
Speaker 1: a bit morbid. I've really want to jump to a
Speaker 1: new topic because it is so morbid. But you don't
Speaker 1: talking about setting short and long term goals. Goal setting
Speaker 1: sounds really bland, but it's really really important. You don't
Speaker 1: have to have a goal of having a new career, Beck.
Speaker 1: We could have small goals, but you need to understand
Speaker 1: the difference between a short and a long term goal
Speaker 1: so that we know where to put our money. Because
Speaker 1: if you set a short term goal of mine is
Speaker 1: to buy a house, I'd be like, all right, well,
Speaker 1: investing is not a good option, right, Like, let's not
Speaker 1: put our money into the investment markets if you're going
Speaker 1: to buy in the next year or two. But if
Speaker 1: you said long term goal, maybe in the next ten
Speaker 1: plus years, I really want to buy property, I'd be like, Babe,
Speaker 1: investing could be for you, Like that could put you
Speaker 1: in a better position. You could pick up some compound interest,
Speaker 1: Like over that long period of time, you're going to
Speaker 1: make sure that you're, you know, hedging your bets over
Speaker 1: the market, not being down. So I think getting some
Speaker 1: clear and achievable short and long term goals is fundamental
Speaker 1: to guiding financial decisions and ensuring future success, which is
Speaker 1: really important. But I also need to recognize that I'm
Speaker 1: the worst at setting a goal and then sticking to it.
Speaker 1: Did you set your goals for this year? If so,
Speaker 1: what were they. Let's do a little bit of a
Speaker 1: check in I did your best year yet? Program? At
Speaker 1: the start of this year, because goal setting for me
Speaker 1: used to be really hearty, so like write down all
Speaker 1: of my goals and then not do anything about them,
Speaker 1: and then at the end of the year wonder why
Speaker 1: I hadn't achieved them, but also crucify myself because I
Speaker 1: was like, I'm so dumb. I didn't save ten grand
Speaker 1: and that was my big goal and I can't believe
Speaker 1: I didn't do it right. But Becka had no framework
Speaker 1: in place, Like, how was I going to save ten
Speaker 1: grand by December if I didn't have any type of
Speaker 1: plan in January, if every March or the rest of
Speaker 1: the year, Yeah, I was just going to turn up
Speaker 1: with ten grand at the end of the year and
Speaker 1: no framework to have done that. Sure. Really, sometimes it
Speaker 1: is just as satisfying writing down your goals instead of
Speaker 1: like actually hitting them or reaching them, you know what
Speaker 1: I mean. I feel like it gives you clarity on
Speaker 1: what you want, So that's important. But if you're going
Speaker 1: to set goals and you want to achieve them, check
Speaker 1: in on them. It's not too late ever to reflect
Speaker 1: on what you wanted, focus on and start tracking your progress.
Speaker 1: So if you started this year with a list of
Speaker 1: goals and maybe you haven't reviewed them. Maybe now is
Speaker 1: the time that I'm kicking you in the bottom a
Speaker 1: little bit, going, hey, Beck, where's that list you said
Speaker 1: you liked writing down? Where are we at? Do you
Speaker 1: still want to do those things? It's so fine if
Speaker 1: you don't like the amount of times I change my mind.
Speaker 1: I'm like, I know, I said I wanted to do that,
Speaker 1: but that was a joke. I was just joking, Guys,
Speaker 1: I was joking. Why don't you take a joke. I
Speaker 1: never wanted to do that. Thing that I did was
Speaker 1: crucial for future. Yeah, No, it was a joke. But
Speaker 1: I think having a look at your goals and what
Speaker 1: you want to achieve is really important and then looking
Speaker 1: further ahead. So what does that look like for you?
Speaker 1: What are your goals for achieving some level of financial freedom?
Speaker 1: What are your goals for retirement if you've got them.
Speaker 1: If you've ever said to yourself, I know, I really
Speaker 1: want to retire early, what does that even mean? Like
Speaker 1: when you say retire early, what does that mean to you?
Speaker 1: Because I think when I was young and you would
Speaker 1: have said, oh, sixty five is the retirement age, which
Speaker 1: it is at the moment. If you'd said to me,
Speaker 1: does that sound good? I'd be like, yeah, that sounds great.
Speaker 1: But now I look at my parents, who are both
Speaker 1: close to sixty five, and I'm like, that's so young.
Speaker 1: Like to me, that isn't as old as what I
Speaker 1: used to think it was. Is that where I want
Speaker 1: my life at? But I also think how good would
Speaker 1: it have been if, you know, at fifty, I had
Speaker 1: financial freedom to choose, like, maybe I can go part time,
Speaker 1: maybe I can, you know, choose to live my life
Speaker 1: the way that I want to, because I don't want
Speaker 1: to be sixty five and having to go to work
Speaker 1: every single day. So I don't know, it's completely up
Speaker 1: to you. So determining your retirement age or what you
Speaker 1: think you might want to retire out, and your lifestyle
Speaker 1: expectations is going to help you calculate what you need
Speaker 1: in retirement. So I always tell you about this figure
Speaker 1: of you know, having one point two million dollars invested
Speaker 1: beck and how that will give you every single year
Speaker 1: a sixty thousand dollars income. Is that enough for you?
Speaker 1: What does that actually look like? Because one point two
Speaker 1: million dollars is so much to be invested. In fact,
Speaker 1: you don't even need half of that to have a
Speaker 1: successful retirement. A comfortable retirement here in Australia is less
Speaker 1: than that, which is really nice. But have you done
Speaker 1: the numbers? What does a comfortable retirement for you look like?
Speaker 1: Because that might look very different to the comfortable retirement
Speaker 1: I want, and that's okay, But what does that number
Speaker 1: look like? And I can almost guarantee that the second
Speaker 1: you start going, ah, looks like this clarity opens up
Speaker 1: and it's not as hard as you thought it was.
Speaker 1: It's not as overwhelming or confusing, or you know, it's
Speaker 1: not something that feels so distant. You go, I could
Speaker 1: probably work towards that. You know, my souper is actually
Speaker 1: tracking really well. Or you know what if I added
Speaker 1: one percent to my super m what does this look like?
Speaker 1: I could invest outside of super as well. So there's
Speaker 1: lots that you could do. I'm start to feel a
Speaker 1: bit motivated. And hopefully once you start I expose like
Speaker 1: planning for things and realize you can do it and
Speaker 1: you feel like you've got a little bit control, I
Speaker 1: think you'll feel a bit motivated too. It's sexy. Now,
Speaker 1: I wonder do we have time for one more? Nearly
Speaker 1: like let's do like a half one, let's talk about
Speaker 1: financial literacy, because that we are definitely running out of time,
Speaker 1: but I think a very good place to wrap it
Speaker 1: actually is really about improving your financial literacy, which, like, guys,
Speaker 1: you're doing by listening to this podcast so Slay, you
Speaker 1: are definitely putting yourself in the best possible position. But
Speaker 1: do something every week or every month to improve your
Speaker 1: financial literacy, whether that is listening to a podcast, listening
Speaker 1: to somebody else's podcast, you know, checking your superbalance, checking
Speaker 1: in on things. At the end of my very first book,
Speaker 1: She's on the Money, there's actually a laundry list of
Speaker 1: what you can do every single month to put yourself
Speaker 1: in the best possible position. So like I can't even
Speaker 1: remember what I did, but it's like month one, you
Speaker 1: check in on your budget. Here, month two you're checking
Speaker 1: in your insurances, and it gives you like checkpoints of
Speaker 1: what to do so that by the end of the
Speaker 1: year you're in the best possible position. And it includes
Speaker 1: things like checking your insurances on your car and how
Speaker 1: much you're paying. It includes having a look at your
Speaker 1: super and all of those things that might slip through
Speaker 1: the cracks. And then get to the end of the
Speaker 1: year and we started again. So I think that that
Speaker 1: could be really powerful, having a checklist of sorts so
Speaker 1: that every month, I go, oh, Beck, do something every
Speaker 1: month for your financial literacy. You're like, what, But I
Speaker 1: gave you an entire list for an entire year, and
Speaker 1: all you do is set and repeat. And it means
Speaker 1: that at least every year you're going to look at
Speaker 1: your budget. At least every year, you're going to review
Speaker 1: all of your subscriptions. At least every year you're going
Speaker 1: to check how much money is coming into your account.
Speaker 1: At least every year we're sitting down and potentially talking
Speaker 1: about a pay rise with our employer, like really important stuff.
Speaker 1: But I made the checklist for you, so you can
Speaker 1: do that if you so wish. Otherwise, you could make
Speaker 1: your own checklist up and do whatever you like, because
Speaker 1: all I care is that you've got the financial literacy
Speaker 1: to make the decision that you deserve to make. I
Speaker 1: love it. It is so good like that, Victoria. Yeah, I
Speaker 1: just love a list, love a spreadsheet. I'm here for it.
Speaker 1: I love a list. Okay, well, let's agree on something.
Speaker 1: I'll go invest after this, and you start meditating no, okay,
Speaker 1: you do yours. I'm not doing it. That's fair. You'll
Speaker 1: invest though, right right? Good? Rest of the day. Guys,
Speaker 1: will see you on Friday, So there fine. The advice
Speaker 1: shared on She's on the Money is general in nature
Speaker 1: and does not consider your individual circumstances. She's on the
Speaker 1: Money exists purely for educational purposes and should not be
Speaker 1: relied upon to make an investment or financial decision. If
Speaker 1: you do choose to buy a financial product, read the
Speaker 1: PDS TMD and obtain appropriate financial advice tailored towards your needs.
Speaker 1: Victoria Divine and She's on the Money are authorized representatives
Speaker 1: of Money showper Pty Ltd ABN three two one six
Speaker 1: four nine two seven seven zero eight AFSL four five
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