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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 Whoalbury and a waddery woman. And before

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

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

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

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

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

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

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Speaker 1: today and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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

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

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Speaker 2: Millennials who want financial freedom. Welcome back to another Shopback

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Speaker 2: Money Diary Monday, where we get to chat to one

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Speaker 2: of our beautiful community members to learn about them, their

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Speaker 2: money story and all of the fun bits and pieces

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Speaker 2: in between. Victoria, helloy going, I am excited. I've got

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Speaker 2: a fun one for you today.

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Speaker 4: I know because we've been speaking to her beforehand. I

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Speaker 4: don't know what the story is, but she's got a puppy,

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Speaker 4: so ten out ten.

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Speaker 2: We're obsessed with her so let me tell you her story.

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Speaker 2: She said, coming from a single parent home, financial trauma,

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Speaker 2: and young care situation, I've flipped my life around. I

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Speaker 2: now run my own business and only have eighty thousand

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Speaker 2: dollars left on my mortgage after buying in twenty twenty.

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Speaker 2: Sorry what By using a few savvy methods, I want

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Speaker 2: to inspire people who have had a hard financial start

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Speaker 2: or are doing it without help from their parents or

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Speaker 2: a partner to know that if you keep working hard,

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Speaker 2: eventually the seeds you plant will fruit. I'm twenty seven,

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Speaker 2: single and one hundred percent self made, but still always

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Speaker 2: learning and growing. I would love to share my story

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Speaker 2: with the commuit need to help others. Oh my gosh,

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Speaker 2: welcome to the show money Diarist. Are you kiddy? What

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Speaker 2: a story?

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Speaker 5: Thank you for having me. Yeah, it's a little bit

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Speaker 5: of a rollercoaster ride, to be honest, but a good while.

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Speaker 2: My gosh, let's dive straight in. I'm so ready.

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Speaker 4: My first question off the bat, Can you tell us

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Speaker 4: a little bit about your money story?

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Speaker 5: Yeah? So basically it starts off positive. I was kind

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Speaker 5: of that finance kid that would literally search the house

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Speaker 5: for money and I would put all the money together

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Speaker 5: and at the end of the year I would go

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Speaker 5: to like the two dollars shop and buy my family,

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Speaker 5: like just you two dollar pieces of rubbish super cute,

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Speaker 5: and that was kind of my love language, I suppose. However,

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Speaker 5: in two thousand and seven, this is where it all

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Speaker 5: kind of changed into a negative attitude. I was just

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Speaker 5: finishing primary school and my parents announced that they were

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Speaker 5: getting a divorce. I knew that money was tight and

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Speaker 5: there was always arguments over it, but it was getting

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Speaker 5: even more tight now, and money was now being used

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Speaker 5: to persuade, manipulate, control, and kind of rule my situation,

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Speaker 5: and as a twelve year old I was just left

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Speaker 5: feeling kind of a panic, extrass, sad, and kind of helpless.

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Speaker 5: It took about one or two years when my parents

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Speaker 5: divorced to kind of settle, and eventually Mum and us

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Speaker 5: kids got a family home, which was great, but it

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Speaker 5: came out of really high cost in terms of a

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Speaker 5: high interest rates and high repayments, which were really hard

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Speaker 5: for Mom to maintain as a single parent. So we

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Speaker 5: seeked out a mortgage broker, which is the first time

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Speaker 5: I heard about that, and basically this was the anly

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Speaker 5: way that we could really keep the house with a

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Speaker 5: lot of pressure on mom's shoulders to be mom dad,

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Speaker 5: you know, the sole provider and all that. This experience

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Speaker 5: for her was too overwhelming, so basically she kind of

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Speaker 5: gave up and I kind of stepped in and took over.

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Speaker 5: So at the age of fourteen and fifteen, I learned

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Speaker 5: very quick clear out interest rates, deposits, equity offset accounts,

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Speaker 5: terms and conditions of praise lenders, house valuations, credit scores, everything,

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Speaker 5: and one's situation was pretty complex at the time, so

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Speaker 5: it took six to nine months, but I successfully financed

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Speaker 5: the family home at such a young age, which was

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Speaker 5: crazy to look back on. So from then on I

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Speaker 5: was very finance focused. I would work in retail and

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Speaker 5: I would basically have my savings as a way to

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Speaker 5: build mum's emergency funds, like I was her emergency funds,

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Speaker 5: and that's how I kind of learned what that was.

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Speaker 5: And then I kept a part time job throughout UNI

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Speaker 5: and university just basically for my family's financial situation, just

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Speaker 5: to kind of give a roof over their heads. But

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Speaker 5: it did come at detriment to my mental health, as

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Speaker 5: I would, you know, work weekends to get maximum pay

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Speaker 5: because of the penalties, but it stopped me from being

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Speaker 5: a social life and kind of having a break from

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Speaker 5: UNI or from school that I would work during the week.

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Speaker 5: As time went on, the family situation got worse and worse.

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Speaker 5: Things got more and more expensive, and kids grew up,

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Speaker 5: so we got more expensive to look after. I did

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Speaker 5: think about dropping out of UNI multiple times to help

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Speaker 5: with money, but I decided to kind of keep going,

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Speaker 5: and even though I was burning the candle at two ends,

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Speaker 5: eventually would pay off. I graduated from university and got

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Speaker 5: a job as a therapist. However, all first jobs were

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Speaker 5: pretty rubbish, so the working conditions are pretty poor, and

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Speaker 5: again my mental health started kind of declining, but the

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Speaker 5: pay was good. So from kind of the financial trauma,

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Speaker 5: I was so financially driven to just kind of get

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Speaker 5: more and more better jobs for high and high pay,

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Speaker 5: regardless of what the conditions or environments were like to

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Speaker 5: work in, just because I was so financially driven to

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Speaker 5: succeed for my family. After a really big rins and

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Speaker 5: repeat cycle and numerous burnouts later, I decided this is enough.

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Speaker 5: I need to flip the script. I need to stop

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Speaker 5: my story from being such a negative story that I

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Speaker 5: had to make it positive. So the first way I

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Speaker 5: did this was to use money to bring happiness enjoy

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Speaker 5: And the first thing I thought was because I was

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Speaker 5: only in my early twenties at this point, I thought

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Speaker 5: I came going to travel, but COVID popped that dream,

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Speaker 5: and so I turned to property, which I knew through

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Speaker 5: and through had given my backstory, and so in twenty

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Speaker 5: twenty I bought my first apartment at two by one

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Speaker 5: with river views. It was kind of the worst house

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Speaker 5: in the best street approach. I spent years renovating it,

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Speaker 5: saving freach Renno and doing as much as I could

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Speaker 5: myself while spending all my money and Renno's I kind

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Speaker 5: of wanted to get some profit back after I had

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Speaker 5: finished it, so I airbm beat it, and to my surprise,

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Speaker 5: that took off, and so now I have full time

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Speaker 5: airbnbit to help with my mortgage.

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Speaker 2: Oh how good.

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Speaker 5: I decided to change my employment story as well as

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Speaker 5: my current job started cutting hours, I decided instead of

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Speaker 5: getting another job and kind of popping that cycle, I

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Speaker 5: decided to start my own business and have to have

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Speaker 5: my mental health and work life balance as the main focus.

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Speaker 5: And I also stepped away financially for my family because

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Speaker 5: I felt like they're in a good enough spot now.

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Speaker 5: So right now, it is a very positive attitude towards money,

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Speaker 5: and I'm finally kind of reaping that fruit from those

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Speaker 5: seeds that I've kind of sewn.

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Speaker 4: Yeah wow, oh my gosh. Well, I want to know,

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Speaker 4: now you said you flipped your employment script.

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Speaker 2: What do you do for work? How much money do

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Speaker 2: you earn?

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Speaker 5: I am a therapist in the ndis realm oh cool?

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Speaker 5: I earn about one hundred and eighty five K a year.

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Speaker 2: WHOA one hundred and eighty five K? How epic?

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Speaker 4: I feel like that is one you deserve every penny

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Speaker 4: of that because working in that space is so special.

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Speaker 4: But I feel like so many people wouldn't think that

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Speaker 4: that was possible. I want to know, how do you

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Speaker 4: earn one hundred and eighty five K in that role?

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Speaker 4: Did you have to work up to it? Is there

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Speaker 4: a like specialty that you have because I know it

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Speaker 4: can be super varying.

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Speaker 5: Yeah, I mean I do have a lot of year's

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Speaker 5: experience under my belt, Like I'm not just fresh out

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Speaker 5: of UNI. I've definitely got seven plus years of experience.

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Speaker 5: But also I do work very very hard in terms

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Speaker 5: of like, I do a lot of hours at the moment,

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Speaker 5: just because we're kind of kids coming at me and

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Speaker 5: I kind of keep accepting it. But it's one of

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Speaker 5: those things where I think the Ndis Ray is very

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Speaker 5: very good to us. And I don't have any overheads,

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Speaker 5: so I don't work from an office, so I'm basically mobile,

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Speaker 5: so I just go straight to my clients' houses. And

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Speaker 5: I don't have any sort of like people like bigger

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Speaker 5: bosses that kind of take out from that pie. So

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Speaker 5: I just have my bookkeeper and then I can charge

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Speaker 5: the full rate and just basically take that.

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Speaker 1: Yeah.

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Speaker 4: Cool, all right, talk to me, what is your big

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Speaker 4: money goal, because it sounds like you've done a lot already.

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Speaker 5: My big money goal is just to basically create numerous

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Speaker 5: streams of passive income by basically owning numerous properties outright dividends, shares,

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Speaker 5: interests on saving accounts, just whatever means possible.

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Speaker 2: Awesome, So talk to me. Do you have any investments currently?

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Speaker 5: Yeah, so obviously my apartment is my biggest source of investment.

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Speaker 5: I do have just some safe shares that I've had

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Speaker 5: since I was about fifteen, so they pay me dividends.

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Speaker 5: Every six months, which is great. And I do have

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Speaker 5: a bit of crypto, and I feel like I'm educated

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Speaker 5: enough in that realm, so I kind of just put

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Speaker 5: my toe into it, but not very much there. And

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Speaker 5: I also get like an interest from saving accounts, so

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Speaker 5: I would like to think that's form of investment as well.

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Speaker 4: I feel like at the moment everyone's talking about not

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Speaker 4: getting good rates of return on their savings accounts, what

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Speaker 4: are you using? Are you getting good rates of return

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Speaker 4: at this point in time?

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Speaker 5: It depends to me. In my previous retail jobs, I

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Speaker 5: used to only earn like twenty dollars an hour, and

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Speaker 5: so when I got like twenty dollars of interest, I'd

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Speaker 5: be like, oh my god, that's a whole hour's pay.

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Speaker 5: Who So, I think for me, I kind of look

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Speaker 5: at it. It's more like how many hours is that

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Speaker 5: free money? That makes sense rather than exactly like, oh

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Speaker 5: I made this much or I made that much.

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Speaker 4: Ye know, it's epic. Yeah, I love that all right.

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Speaker 4: I know that you've got a mortgage, but I want

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Speaker 4: to know do you have any debts? If so, what

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Speaker 4: are they?

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Speaker 5: Yeah, so my mortgage is my good debt, My okay

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Speaker 5: debt is my student loan, but that should be paid

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Speaker 5: off by next year, and that's basically everything else has

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Speaker 5: been paid in full.

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Speaker 4: You spoke before in your email submission that you had

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Speaker 4: eighty thousand dollars left on your mortgage? How much did

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Speaker 4: you buy for? Because we're all pervy, we want to

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Speaker 4: know how quickly you've smashed that down.

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Speaker 5: Interesting sorry for my house was that they wanted it

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Speaker 5: for three hundred thousands, but then obviously COVID here and

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Speaker 5: no one was buying, and the house market was just

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Speaker 5: absolutely crashy. So then they wanted two fifty and I

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Speaker 5: negotiated it for one eighty three.

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Speaker 2: Wow, one eighty three? What are money?

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Speaker 4: I want to know so much about this circumstance without

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Speaker 4: breaching your privacy, Like how did you get an apartment

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Speaker 4: for one hundred and eighty three thousand dollars?

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Speaker 2: That's wild to me?

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Speaker 5: Yeah, No, I think I was really lucky. Like I

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Speaker 5: did go for another apartment, but that fell through, and

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Speaker 5: I was pretty bummed about it. So I kind of

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Speaker 5: knew that I had to act quite quickly if I

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Speaker 5: wanted something. And basically I said to Mom, come with me,

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Speaker 5: let's have a look at it. See what you think

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Speaker 5: and we'll go from there. And we walked in at

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Speaker 5: like three o'clock on a Wednesday afternoon, and by five

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Speaker 5: o'clock I had bought it. And it was kind of

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Speaker 5: one of these crazy things that like it was just

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Speaker 5: meant to be. So the realtor basically was like, look,

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Speaker 5: there is someone looking at this property as well. You know,

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Speaker 5: if you're serious about it, please put an offer in.

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Speaker 5: The lady who sold it to me, I think she

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Speaker 5: had had it for about twenty five years or something,

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Speaker 5: so it was it's a pretty old complex and she

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Speaker 5: just wanted to liquid eye, I think, and she just

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Speaker 5: wanted it to go to a good home.

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Speaker 2: Yeah, that's really sweet.

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Speaker 5: Yeah, And it was just kind of one of those

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Speaker 5: things like when the realtor kind of spoke, it was like, oh,

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Speaker 5: you know, she comes from a good family, and she's

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Speaker 5: worked really hard, and she has a big deposit because

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Speaker 5: I had I had twenty percent at that point, this

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Speaker 5: is what she's going to put down blah blah blah.

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Speaker 5: And she's like, Yeah, I just wanted to go to

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Speaker 5: a you know, a good home and that someone's going

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Speaker 5: to have a lot of good memories there. And I

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Speaker 5: initially said I offered one hundred and eighty one, but

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Speaker 5: then she was like, oh, I really want one hundred

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Speaker 5: and eighty five minimum, So I was like one hundred

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Speaker 5: and eighty three, was like okay, And then she wrote

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Speaker 5: me a letter just saying like, you know, she wished

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Speaker 5: me all the best and all the I have really

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Speaker 5: good times there, and it was just it wasn't more

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Speaker 5: like a profit sort of thing for her. I think

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Speaker 5: it was just more about finding the right person to

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Speaker 5: give them a start in life sort of thing. So

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Speaker 5: it's a bit wholesome.

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Speaker 2: Yeah, yeah, no, it's so wholesome.

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Speaker 5: Yeah. So I had a twenty percent deposit and my

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Speaker 5: mortgage was one hundred and forty six four hundred, so

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Speaker 5: I've paid off what is that like sixty thousand or

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Speaker 5: something like that. God, I can't do quick math.

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Speaker 2: No, that's so fine. All right.

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Speaker 4: You sound like you are pretty good at money. Do

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Speaker 4: you use shop back when you shop online?

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Speaker 5: I do. I'm not a big online shopper though, but

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Speaker 5: I do use it for like travel and flights and

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Speaker 5: things like that when I can, and I do kind

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Speaker 5: of recommend it to friends and family. But yeah, I'm

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Speaker 5: not a big shopper.

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Speaker 4: That's okay, love to hear it next, ques and I've

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Speaker 4: got for you. We want to know what is your

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Speaker 4: best money habit?

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Speaker 5: My best money habit is that I kind of save everything.

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Speaker 5: So everything I kind of have bought, I try and

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Speaker 5: like save in full and then I can pay it

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Speaker 5: in full. So like all my reno's, like I saved

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Speaker 5: and did it as I went, so then I didn't

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Speaker 5: have a debt. And so like my car, like wanting

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Speaker 5: a car, I was like, right, I have to save

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Speaker 5: for it first and then pay it in full. So

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Speaker 5: I didn't have any sort of those loans kind of looming.

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Speaker 4: Epic and to flip that up on its head, what's

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Speaker 4: your worst money habit?

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Speaker 2: Oh?

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Speaker 5: Okay, So basically I kind of focus on the want,

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Speaker 5: like I want to save this much money a week,

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Speaker 5: rather than I can save this much money a week.

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Speaker 5: So even though I'm like I want to save like,

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Speaker 5: you know, two hundred dollars or something like that, so

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Speaker 5: I can't because I've got like big bills coming in,

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Speaker 5: I kind of get like really stressed and like it

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Speaker 5: makes everything really confusing. So like that everyday budgeting is

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Speaker 5: kind of really murky because I have like this sort

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Speaker 5: of like I want to do this, but then that

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Speaker 5: realistic I can only do this is tricky to manage understandably.

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Speaker 4: So and last question before we go to a quick break,

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Speaker 4: what grade would you give your money habits if we

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Speaker 4: forced you to give yourself a grade.

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Speaker 5: Or I would probably do a B plus just because

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Speaker 5: of that worse habit, which is like the everyday budgeting

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Speaker 5: is not super clear or realistic or automative. I would

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Speaker 5: like for that to be more clear to decrease the

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Speaker 5: stress I have around finance.

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Speaker 2: Yeah, fair, fair, I like that, And I like that

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Speaker 2: you told us why you would want it to change.

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Speaker 2: That's really powerful. All right, I've got a lot of

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Speaker 2: questions for you right after this really quick break.

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Speaker 4: All right, Jessicataci, let's jump straight back into it. Money

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Speaker 4: dist you have such an interesting money story. I feel

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Speaker 4: like you have lived the lives of a thousand She's

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Speaker 4: on the money community members. You've been in a care position,

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Speaker 4: you have refinanced your family home at the age of

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Speaker 4: like fourteen or fifteen, You've bought a home, you've paid

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Speaker 4: off a significant percentage of the mortgage, and now your

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Speaker 4: airbnb in your room's out to make even more profit,

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Speaker 4: which is so savvy. It's not funny, but I want

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Speaker 4: to go back. I want to be a little bit

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Speaker 4: more pervy. On your family circumstances, how did you find

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Speaker 4: yourself in a position where you were fourteen fifteen and

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Speaker 4: having to deal directly with a mortgage broker to refinance

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Speaker 4: your family home, Like why do you think that you

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Speaker 4: ended up being the driving force in that circumstance.

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Speaker 5: Yeah, it's a good question, basically, Like I do have

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Speaker 5: an older brother and two younger brothers, but I think

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Speaker 5: when it came to responsibility, it always kind of felt

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Speaker 5: on my shoulders. I always was one that I think

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Speaker 5: my parents knew that I was really financially driven. I

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Speaker 5: knew about the basic things. I knew how to say,

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Speaker 5: I knew what interest was. When I found out about

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Speaker 5: compound interest, I was like, what is this magic? I

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Speaker 5: think that just when push came to shove and I

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Speaker 5: could just see Mom not coping, and I knew that

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Speaker 5: basically this was either sink or swim sort of thing.

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Speaker 5: I knew that, all right, I don't know what I'm doing,

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Speaker 5: but I'm going to give it a go. And I

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Speaker 5: had a really really good mortgage brokeer like kind of

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Speaker 5: identified the situation in my family and what was kind

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Speaker 5: of happening, and my older brother was not at all

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Speaker 5: savvy with money, he's only two years older. I guess

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Speaker 5: it just kind of fell on my shoulders in terms of, well,

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Speaker 5: this person knows what she's doing, I'll walk her through it.

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Speaker 5: I'd run down and get mums sinnature and come back

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Speaker 5: and then kind of thing. So it was kind of

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Speaker 5: just something that I think always happened, like when Mum

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Speaker 5: was ill, Like I said, I'm a young kerr. I

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Speaker 5: would always be the one, you know, taking her to

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Speaker 5: the hospitals or taking her to her medical appointments, or

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Speaker 5: making sure the family unit was still running. So I

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Speaker 5: think because I had that responsibility on my shoulders, I

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Speaker 5: think that it just kind of fell into my lap.

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Speaker 5: And I think also like there's a part of me

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Speaker 5: that just wants to sort of fix everything and save

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Speaker 5: everything for my family's sake.

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Speaker 2: So that sounds like a really big burden to carry.

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Speaker 2: Are you okay now with that? Like how do you

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Speaker 2: feel when we reflect on that?

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Speaker 5: It was really interesting to reflect on it at the

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Speaker 5: beginning because I was getting quite like emotional about it,

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Speaker 5: and I was like, wow, I've forgotten that I did

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Speaker 5: all this, and in a weird way, I kind of

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Speaker 5: normalized it all. And so when when I was looking

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Speaker 5: for an apartment, like, I already had lots and lots

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Speaker 5: of experience behind that, so I already knew what I

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Speaker 5: was doing. But then I talked to my friends and

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Speaker 5: they'd be like, they wouldn't have the knowledge so that

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Speaker 5: I had. And I kind of found that always really strange.

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Speaker 5: But looking back, you're like, Oh, that's why you have

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Speaker 5: that knowledge, and that's why that experience shaped you the

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Speaker 5: way you are. And I guess I'm very determined on

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Speaker 5: using hard experiences as a way to flourish. I suppose,

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Speaker 5: you know, taking like, Okay, this whole situation happened to you.

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Speaker 5: You know, you were forced to step into a kind

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Speaker 5: of co parenting role and adult responsibilities. But you know,

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Speaker 5: let's try and use that to your advantage, you know,

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Speaker 5: later in life. So I can I answer your question.

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Speaker 4: No, it totally answers the question. I always feel bad

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Speaker 4: when I'm like asking really pervy questions that involve other people.

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Speaker 2: It's so easy to be.

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Speaker 4: Like, oh my gosh, money dires like you did X,

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Speaker 4: Y and Z, tell me about it. But when there's

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Speaker 4: a caring role in there, there's often a sense of obligation.

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Speaker 4: And we're not saying that you had to, but like

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Speaker 4: there wasn't anyone else in your circumstance, I'm assuming that

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Speaker 4: could step up and take that role. You're usually thrown

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Speaker 4: into that circumstance and obviously you didn't have any other

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Speaker 4: option but to embrace it.

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Speaker 2: But I think you did it beautifully.

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Speaker 5: Yeah, And it's one of those things that I think

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Speaker 5: that I have to always remind myself, you know, like

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Speaker 5: you did that. You're amazing, Like that's incredible. And I

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Speaker 5: think now that I'm getting older, I'm sort of really

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Speaker 5: making sure that I do a appreciate myself and I

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Speaker 5: do look after myself. And I think from your previous

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Speaker 5: podcast like identifying, Yeah, you do have financial trauma, Like

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Speaker 5: what you went through was not just your typical like

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Speaker 5: you know, twelve year old life and kind of working

395
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Speaker 5: through that and I do get psychological help and I

396
00:20:19,080 --> 00:20:22,320
Speaker 5: do pack it a lot. And it's interesting because it's

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00:20:22,320 --> 00:20:25,359
Speaker 5: like a love hate relationship with money, Like I love

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Speaker 5: kind of earning it and building it and you know,

399
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Speaker 5: using it to travel and to build my investments and

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Speaker 5: things like that, But then there's also like this trauma

401
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Speaker 5: around do I have enough of it? Am I working

402
00:20:38,800 --> 00:20:41,480
Speaker 5: hard enough? Is it all going to block tomorrow? Sort

403
00:20:41,520 --> 00:20:45,119
Speaker 5: of things. So it's kind of like still work in progress,

404
00:20:45,640 --> 00:20:47,960
Speaker 5: but definitely doing a lot better and just kind of

405
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Speaker 5: taking those mental breaks when I need them to kind

406
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Speaker 5: of be like, Okay, don't check the mortgage numbers today,

407
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Speaker 5: and don't panex so much about only having this much

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Speaker 5: in your savings, so kind of putting those boundaries around finance.

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Speaker 4: Which which is really important, really really important. I want

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Speaker 4: to know, at what point did you realize that the

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Speaker 4: circumstances you had been through were traumatic. So obviously trauma

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Speaker 4: carries a lot of different meaning for other people, but

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Speaker 4: obviously on the podcast, as you said before, we've been

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Speaker 4: talking a lot about financial trauma, and I don't think

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Speaker 4: people realize how significant it can be. Was that a

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Speaker 4: bit of a jarring experience when you're like, wait, no,

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Speaker 4: that was a traumatic circumstance as opposed to just how

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Speaker 4: you grew up?

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Speaker 5: Yeah, well, I mean I kind of flagged financial trauma

420
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Speaker 5: actually a couple months before I heard your podcast. And

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Speaker 5: when I heard your podcast, I was like tic, tic,

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Speaker 5: tick me me, me, Me. And it's kind of interesting

423
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Speaker 5: because when you look back on your behavior, you think, oh,

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Speaker 5: that's just me, but then you're like, actually, no, there's

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Speaker 5: a reason why I have a bookkeeper and I don't

426
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Speaker 5: want to know anything about the financial so I'm just like, yep,

427
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Speaker 5: you guys thought it. Oh God, just tell me how

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Speaker 5: much tax to pay. It kind of like it is

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Speaker 5: one of those things where like I'm very big on

430
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Speaker 5: kind of figuring out why things are making me feel

431
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Speaker 5: the way I'm feeling. Like I do have anxiety, and

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Speaker 5: I've been battling and managing that for many, many years,

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Speaker 5: and I think that's what came first. So kind of

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Speaker 5: that time that I said back in my money story

435
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Speaker 5: around I didn't know whether I wanted to stay in

436
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Speaker 5: UNI or if I should drop out and go full

437
00:22:24,960 --> 00:22:28,239
Speaker 5: time and retail to help the financial situation, that was

438
00:22:28,280 --> 00:22:30,359
Speaker 5: really where my mental health kind of broke, because it

439
00:22:30,400 --> 00:22:34,120
Speaker 5: was like, what do I do. Do I help myself

440
00:22:34,240 --> 00:22:35,920
Speaker 5: or do I help my family? And I felt really

441
00:22:36,680 --> 00:22:41,200
Speaker 5: uncomfortable with kind of letting my family down but also

442
00:22:41,320 --> 00:22:44,320
Speaker 5: kind of pursuing me, And so then I started getting

443
00:22:44,320 --> 00:22:48,480
Speaker 5: psychological help instead of managing that and my anxiety grew

444
00:22:48,520 --> 00:22:51,160
Speaker 5: into what you call generalized anxiety, which means that it's

445
00:22:51,200 --> 00:22:54,320
Speaker 5: not just triggered. It means that you're in this general

446
00:22:54,359 --> 00:22:57,920
Speaker 5: state of anxiety all the time. And I think I've

447
00:22:57,920 --> 00:23:01,000
Speaker 5: worked really hard at kind of like understanding why. But

448
00:23:01,119 --> 00:23:04,040
Speaker 5: recently I came around the topic of financial trauma and

449
00:23:04,080 --> 00:23:05,160
Speaker 5: I was like, what does that mean?

450
00:23:05,400 --> 00:23:06,040
Speaker 2: What is that?

451
00:23:06,800 --> 00:23:09,119
Speaker 5: And I realized that my anxiety is very much built

452
00:23:09,240 --> 00:23:12,000
Speaker 5: on that, and so that was really interesting to sort

453
00:23:12,000 --> 00:23:14,760
Speaker 5: of be like, oh, here's a light bulb moment. A

454
00:23:14,760 --> 00:23:18,760
Speaker 5: lot of your anxiety around finance is because of basically

455
00:23:19,040 --> 00:23:21,399
Speaker 5: not having a lot of it growing up, and it

456
00:23:21,480 --> 00:23:25,879
Speaker 5: always being used as a like way to sort of

457
00:23:25,920 --> 00:23:30,240
Speaker 5: like control your situation or dictate your situation, and you know,

458
00:23:30,280 --> 00:23:31,920
Speaker 5: if you don't have it, you're going to lose everything

459
00:23:31,920 --> 00:23:33,520
Speaker 5: you and lose the house, You're going to lose this,

460
00:23:33,680 --> 00:23:35,679
Speaker 5: that and the other, and always making sure that I

461
00:23:35,680 --> 00:23:38,680
Speaker 5: had plentiful of it. So it was one of those

462
00:23:38,720 --> 00:23:41,080
Speaker 5: things that when I kind of found out about it,

463
00:23:41,240 --> 00:23:42,720
Speaker 5: when the light bulb kind of came on and I

464
00:23:42,800 --> 00:23:46,280
Speaker 5: realized this is what I had, it was upsetting at first,

465
00:23:46,640 --> 00:23:48,639
Speaker 5: because you know, no one likes to have trauma in

466
00:23:48,680 --> 00:23:51,600
Speaker 5: their life, but as well, it was kind of like, right,

467
00:23:52,320 --> 00:23:55,240
Speaker 5: how do I unpack this? How do I kind of

468
00:23:55,280 --> 00:23:57,120
Speaker 5: grow from this? How do I use this as a strength.

469
00:23:57,200 --> 00:24:00,240
Speaker 5: Now I can't undo the past, but I can't change

470
00:24:00,280 --> 00:24:03,960
Speaker 5: the future. How do I sort of manage this? How

471
00:24:03,960 --> 00:24:05,120
Speaker 5: do I use it as a strength?

472
00:24:05,200 --> 00:24:06,560
Speaker 2: Basically, I love that.

473
00:24:06,640 --> 00:24:09,240
Speaker 4: I think that's so important. What would you say to

474
00:24:09,280 --> 00:24:12,280
Speaker 4: those people who are going through a circumstance you know

475
00:24:12,359 --> 00:24:16,480
Speaker 4: that either replicates or feels a little bit similar to yours,

476
00:24:16,520 --> 00:24:18,600
Speaker 4: but maybe hasn't reached out for help yet.

477
00:24:19,119 --> 00:24:21,679
Speaker 5: Reaching out for help was the hardest thing that I

478
00:24:21,720 --> 00:24:24,320
Speaker 5: had to do. It took me a lot of time

479
00:24:24,640 --> 00:24:26,520
Speaker 5: for me to reach out and say, hey, I need help.

480
00:24:26,840 --> 00:24:29,000
Speaker 5: Given the family situation that I was in, I was

481
00:24:29,040 --> 00:24:31,720
Speaker 5: always the one that, you know, when stuff hit the fan,

482
00:24:31,840 --> 00:24:35,320
Speaker 5: it was we go to me. And I never felt

483
00:24:35,320 --> 00:24:40,359
Speaker 5: like I couldn't not be okay. And it took me

484
00:24:40,400 --> 00:24:42,240
Speaker 5: a lot of time to like pick up the phone

485
00:24:42,440 --> 00:24:47,160
Speaker 5: and call a counselor, and eventually I did, and then

486
00:24:47,560 --> 00:24:49,720
Speaker 5: I kind of like got used to being like, you

487
00:24:49,760 --> 00:24:51,679
Speaker 5: know what, I can askly help all the time, and

488
00:24:51,760 --> 00:24:56,480
Speaker 5: I can always express my feelings and being a therapist.

489
00:24:56,600 --> 00:25:00,800
Speaker 5: I'm very good at I've kind of just communicating this

490
00:25:00,840 --> 00:25:03,080
Speaker 5: is how I'm feeling, this is what I'm and doing,

491
00:25:03,160 --> 00:25:06,160
Speaker 5: and soon to normalize that between my friends, like, hey,

492
00:25:06,200 --> 00:25:08,120
Speaker 5: this is how I'm feeling today. Hey, this is what's

493
00:25:08,160 --> 00:25:11,560
Speaker 5: going on. Hey, this is kind of where my headset

494
00:25:12,000 --> 00:25:14,120
Speaker 5: is at. I think for anyone that's in a similar

495
00:25:14,160 --> 00:25:17,639
Speaker 5: situation to me is to always value your mental health.

496
00:25:17,720 --> 00:25:21,600
Speaker 5: Like there were times where I was like very financially focused,

497
00:25:21,920 --> 00:25:24,440
Speaker 5: and it was like, keep working in this job even

498
00:25:24,480 --> 00:25:26,960
Speaker 5: though it's got rubbish conditions and you're shaking all the

499
00:25:26,960 --> 00:25:29,840
Speaker 5: time and having panic attacks. Don't worry. You'll pay off

500
00:25:31,040 --> 00:25:33,399
Speaker 5: because you'll get a bigger amount of salary in the

501
00:25:33,440 --> 00:25:36,480
Speaker 5: next job. But I think, looking back, I really wish

502
00:25:36,600 --> 00:25:39,199
Speaker 5: that I could just have a bit more patience and

503
00:25:39,280 --> 00:25:41,919
Speaker 5: just be like, Okay, you need to sort of like

504
00:25:43,000 --> 00:25:45,960
Speaker 5: just stop look after your mental health. It might take

505
00:25:46,000 --> 00:25:49,040
Speaker 5: another six more months, or it might take another year

506
00:25:49,119 --> 00:25:52,000
Speaker 5: to get where you want to be financially, but that's

507
00:25:52,640 --> 00:25:55,200
Speaker 5: not the important thing. The important thing is your well being.

508
00:25:55,640 --> 00:25:58,960
Speaker 5: Your important thing is that you know you feel okay

509
00:25:58,960 --> 00:26:01,000
Speaker 5: when you wake up in the morning, and that you

510
00:26:01,080 --> 00:26:03,160
Speaker 5: feel happy and that you don't feel like this heavy

511
00:26:03,240 --> 00:26:07,639
Speaker 5: chest feeling that's what is the most valuable thing, and

512
00:26:07,680 --> 00:26:11,240
Speaker 5: that should always be your focus. So it's kind of

513
00:26:11,240 --> 00:26:13,919
Speaker 5: one of those things of like just reaching out for

514
00:26:13,960 --> 00:26:18,119
Speaker 5: help but also reevaluating what's important to you. So I

515
00:26:18,160 --> 00:26:22,239
Speaker 5: think like valuing finance is super important, but valuing your

516
00:26:22,240 --> 00:26:26,280
Speaker 5: mental wealth being is going to get you everywhere. Finance

517
00:26:26,320 --> 00:26:28,399
Speaker 5: is a long term game, you know, it's not a

518
00:26:28,440 --> 00:26:30,280
Speaker 5: short term as much as you might be going through

519
00:26:30,320 --> 00:26:33,040
Speaker 5: really hardship. It's a long term game.

520
00:26:33,280 --> 00:26:35,200
Speaker 2: Oh my gosh, well, I think that that is a

521
00:26:35,240 --> 00:26:38,080
Speaker 2: beautiful place to leave it. Thank you for that. Thank

522
00:26:38,119 --> 00:26:41,320
Speaker 2: you for sharing your money story with us. We loved it.

523
00:26:41,400 --> 00:26:44,159
Speaker 5: Thank you, Thank you so much for having me. Guys.

524
00:26:44,320 --> 00:26:47,159
Speaker 5: I very much appreciate it. And I hope that my

525
00:26:47,280 --> 00:26:50,560
Speaker 5: money's theory can inspire other people or if anyone's going

526
00:26:50,560 --> 00:26:53,679
Speaker 5: through that situation, that they can, you know, get some

527
00:26:53,800 --> 00:26:56,040
Speaker 5: help or just know that there is a light at

528
00:26:56,080 --> 00:26:57,879
Speaker 5: the end of the tunnel always.

529
00:26:58,040 --> 00:27:01,399
Speaker 4: I am absolutely certain it will. My love see you

530
00:27:01,520 --> 00:27:02,440
Speaker 4: on Wednesday, guys.

531
00:27:02,560 --> 00:27:07,000
Speaker 2: Bye.

532
00:27:08,359 --> 00:27:10,919
Speaker 4: The advice shared on She's on the Money is general

533
00:27:10,960 --> 00:27:14,800
Speaker 4: in nature and does not consider your individual circumstances. She's

534
00:27:14,840 --> 00:27:18,320
Speaker 4: on the Money exists purely for educational purposes and should

535
00:27:18,359 --> 00:27:21,480
Speaker 4: not be relied upon to make an investment or financial decision.

536
00:27:21,920 --> 00:27:24,360
Speaker 4: If you do choose to buy a financial product, read

537
00:27:24,359 --> 00:27:28,480
Speaker 4: the PDS TMD and obtain appropriate financial advice tailored towards

538
00:27:28,560 --> 00:27:29,080
Speaker 4: your needs.

539
00:27:29,440 --> 00:27:33,360
Speaker 2: Victoria Divine and She's on the Money are authorized representatives

540
00:27:33,400 --> 00:27:37,520
Speaker 2: of money sheirper Pty Ltd ABN three two one six

541
00:27:37,600 --> 00:27:41,439
Speaker 2: four nine two seven seven zero eight AFSL four five

542
00:27:41,600 --> 00:27:46,240
Speaker 2: one two eight nine