Speaker 1: My name's Tatasha Bamblet. I'm a proud First Nations woman
Speaker 1: and I'm here to acknowledge country. Te Glenn Young Ganya
Speaker 1: Niana Kaka yah y and beIN ah Waka nian Arka
Speaker 1: in Mbini, yakarum Jar, dominyamiga Umaga Ihowaka Nile Waman damon
Speaker 1: Immalan Bumba bang Gadabomba in and now in waka ghana
Speaker 1: on yakarum jar Watanadaa. Hello, beautiful friends, we gather on
Speaker 1: the lands of the Aboriginal people. We thank acknowledge and
Speaker 1: respect the Abiginal people's land that we're gathering on today.
Speaker 1: Take pleasure in all the land and respect all that
Speaker 1: you see. She's on the Money podcast acknowledges culture, country,
Speaker 1: community and connections, bringing you the tools, knowledge and resources
Speaker 1: for you to thrive.
Speaker 2: She's on the Money.
Speaker 3: She's on the Money.
Speaker 2: Hello, and welcome to She's on the Money, the podcast
Speaker 2: that let you be favy about other people's money stories
Speaker 2: for the educational purposes of course. Welcome back to another
Speaker 2: one of our money diaries, brought to you by our
Speaker 2: friends at Skywealth, where I get the absolute privilege of
Speaker 2: sitting down with one of our incredible She's on the
Speaker 2: Money community members and talking to them all about their journey.
Speaker 2: Let's jump straight into it, because this week I got
Speaker 2: a message and it sounded exactly like this, Hi, She's
Speaker 2: on the Money. I think I might have made myself rich.
Speaker 2: I'm about to hit one hundred thousand dollars in my
Speaker 2: beta shares, have above average super and I'm living well
Speaker 2: below my means. Plus I have one whole year in
Speaker 2: my emergency fund. I also bought a house, and then
Speaker 2: I unbought a house, and I think I might rent
Speaker 2: forever and I might actually be okay with that. I
Speaker 2: quit my and this was dollar dollar dollar sign consulting
Speaker 2: job and work casually now. But that is a scary thought.
Speaker 2: So I just say that I'm semi retired. Not bad
Speaker 2: for a cent a link baby. Who thought those little
Speaker 2: packet side dish pastas were a full meal for three people?
Speaker 2: Money Diarist? What the heck? I am so excited you
Speaker 2: and I have been having I would say, really like,
Speaker 2: I don't know, a really fun chat before we started recording.
Speaker 2: So I'm genuinely very excited to have transitioned into doing
Speaker 2: this money diary with you. So I'm hoping that the
Speaker 2: vibes stay exactly the same. Money darist, that's really impressive.
Speaker 2: You obviously think that's really impressive.
Speaker 3: I think that's unhinged, honestly.
Speaker 2: Okay, good good, Because like sometimes people come on and
Speaker 2: I have to be like, hey, babe, are like that's
Speaker 2: not that relatable in the nicest possible way, and I'll
Speaker 2: be like, oh yeah, I'd be really grateful for that too,
Speaker 2: but like I love that you're like, this is sick,
Speaker 2: it's unhinged. But also here I'll give you my hacks
Speaker 2: and tips and tricks so that maybe you can do
Speaker 2: it too.
Speaker 3: Yeah. It's definitely one of those things where you look
Speaker 3: at all the little steps and you're like, oh, well,
Speaker 3: if I could do it, then probably a lot of
Speaker 3: people can do it. But also, how on earth did
Speaker 3: I do this?
Speaker 2: You know? Wait, I don't know, and I'm aboud to
Speaker 2: find out before we get into it. Need to ask
Speaker 2: one question. But before, before before I get into it,
Speaker 2: how old are you? I am thirty four, she's a baby,
Speaker 2: I say, at thirty five.
Speaker 3: That's because we like the same age, yes, but like.
Speaker 2: Sorry, that's so young, like so young to be like,
Speaker 2: oh yeah, send me retired.
Speaker 3: What look not working? Yeah, quitting your job and not
Speaker 3: having something to go to sounds scary when you say
Speaker 3: it like that, but then you say, look, I'm just
Speaker 3: gonna be semi retired, and then it doesn't sound so bad.
Speaker 2: No, But also the privilege of being in that position
Speaker 2: where you're like, I have a year of emergency funds,
Speaker 2: like oh, I'm just so happy for you, Like, oh,
Speaker 2: I wish that financial freedom upon everybody in my community.
Speaker 2: Before I ask you how the heck you did that money,
Speaker 2: Jarvis wal Grade, would you give your money habits if
Speaker 2: I asked you to give them a grade from A
Speaker 2: through death.
Speaker 3: I'm not playing the C game, I'm not playing the
Speaker 3: B I'm not playing the B. Plus and we'll see
Speaker 3: I'm going full A. I'm going full A. I'm full A.
Speaker 2: Come my show and be like I'm saying you're retired
Speaker 2: and I'm thirty four years old and be like I'm
Speaker 2: an F Like, oh my gosh.
Speaker 3: Plus, I feel like everybody when they set their score,
Speaker 3: we kind of go, we sell it down a bit,
Speaker 3: and we go there's so much more to learn. But
Speaker 3: I was really thinking this through, and I thought, when
Speaker 3: you take a test, you're just assessing the knowledge that
Speaker 3: you have at this point and how well you're applying it,
Speaker 3: And so I know there'll be so much for me
Speaker 3: to go and grow on further. But right now, with
Speaker 3: the knowledge I have, I'm making great choices. I'm feeling
Speaker 3: very empowered. I'm obviously nailing stuff objectively, and so I'm like, no,
Speaker 3: this is what an a would look like if I
Speaker 3: was tested. Right now, she's on it.
Speaker 2: I'm obsessed with this energy. Oh my goodness. All right,
Speaker 2: money dois? Can you tell me a bit more about
Speaker 2: your money story in the things that have impacted it?
Speaker 3: Yes, I think that well, objectively, I know that we
Speaker 3: didn't grow up with a lot of money. I also
Speaker 3: think that a flip side of that was that I
Speaker 3: didn't actually know that until I was a bit older,
Speaker 3: because we just lived in like a really dodgy part
Speaker 3: of town where nobody has any money. So you're kind
Speaker 3: of looking at everyone around with your peers and it's like, Okay, well,
Speaker 3: I'm going to school in ripped clothes, but this kid's
Speaker 3: got holes in his shoes, and everyone's like got bikes
Speaker 3: that we picked up off the side of the road.
Speaker 3: So it's kind of like we're all in the same
Speaker 3: Taxico system. Yeah, the same playground ecosystem. So it wasn't
Speaker 3: too bad. And then I was very lucky to get
Speaker 3: a scholarship to high school. And I realized it's because
Speaker 3: my mum didn't want me going to the local high
Speaker 3: school because it was pretty dodge and she wanted to
Speaker 3: get me out of that area, get me away from
Speaker 3: the people who went there. It was a pretty unsafe
Speaker 3: kind of neighborhood. And so I got the scholarship and
Speaker 3: and went to this private school, which obviously then put
Speaker 3: me into contact with people who did have a bit
Speaker 3: of money. And I will say, even back then, it
Speaker 3: wasn't too jarring for me to be in that environment,
Speaker 3: but only because and I don't know if this was
Speaker 3: good or bad, it just is what it is. Only
Speaker 3: because my family didn't talk about money. So I knew
Speaker 3: that other people had things I didn't have. I knew
Speaker 3: that I couldn't have those things, but I didn't know
Speaker 3: that it was money. That was the reason. It was
Speaker 3: just a thing that we didn't do it, like we
Speaker 3: don't okay, we don't get the thing. We get the
Speaker 3: secondhand uniforms. You're going to get one blazer for all
Speaker 3: of high school and it better fit you, like that
Speaker 3: sort of a vibe.
Speaker 2: Yeah, So I'm very interested in that because I feel
Speaker 2: like that's one of the first times on this show
Speaker 2: we've been like I didn't realize that it was money
Speaker 2: that was driving that. Tell me a bit more about
Speaker 2: what that felt like, because did that feel like, oh,
Speaker 2: like I'm not as deserving as other people, or I
Speaker 2: just don't get those opportunities, Like did you understand.
Speaker 3: Why I had no idea? And I think it was
Speaker 3: when I looked at certain times when I felt and
Speaker 3: I think undeserving is a great word for it, when
Speaker 3: I felt undeserving or less than it was things like
Speaker 3: I would go to my family Christmas. My parents were separated,
Speaker 3: so I have had Christmas with each of my parents
Speaker 3: and then go to bigger family Christmas, and I would
Speaker 3: know that, you know, I woke up in the morning
Speaker 3: and I got a little present, and then I would
Speaker 3: have to go and sit through all my cousins getting
Speaker 3: heaps of gifts. But I don't know what the financial implication.
Speaker 3: I didn't understand the financial situation of different people in
Speaker 3: even in my family, to know that that's why they
Speaker 3: got more and I didn't. I just knew that, but
Speaker 3: I get thistening and they get something else. It is
Speaker 3: when you look at it like that, but at the
Speaker 3: time it was just, oh.
Speaker 2: No, you didn't get it. But that's just it, right,
Speaker 2: Like kids are so beautifully naive to what's going on.
Speaker 2: But like, that's why I think financial literacy from a
Speaker 2: very young age is so important because in that moment
Speaker 2: you probably couldn't have articulated it. But you're like, why
Speaker 2: do they get better than me? And like you might
Speaker 2: have been fine with it because you're like, well, maybe
Speaker 2: my sibling's got exactly what I got. Whatever, there was
Speaker 2: a narrative that you clearly accepted, but like you do go, well,
Speaker 2: if there is a social high Iraqi, I'm not higher
Speaker 2: than them, and that is not okay. Like to me,
Speaker 2: that is not okay. Like and I just want to
Speaker 2: scoop baby you up and be like it wasn't ever
Speaker 2: you babe when you said, you know, I felt less
Speaker 2: than It's not because you are. It's a feeling. But
Speaker 2: I think it's really important to validate that as well. Yeah,
Speaker 2: It's just it really upsets me that that was your narrative.
Speaker 3: It's definitely one of those things that I think it
Speaker 3: definitely impacted me quite a lot. But when I'm coming
Speaker 3: to those realizations and having those feelings, I'm also in
Speaker 3: like that teenage angst kind of vibe anyway, where you
Speaker 3: feel like everyone is against you and everything you know
Speaker 3: nobody has it help exactly, And so I think on
Speaker 3: the one head, I didn't have a target for like
Speaker 3: those feelings of what they're going to do and where
Speaker 3: they're coming from. But it was also just oh, well,
Speaker 3: this is my reality and this is where we live
Speaker 3: in the world. And I think that part of that
Speaker 3: was just when I started to notice that there were
Speaker 3: money opportunities that I wasn't getting. It was frustrating in
Speaker 3: the purest sense, like when you see a kid who
Speaker 3: can't process the emotion and they don't understand. So I,
Speaker 3: you know, was going to this high school and I
Speaker 3: got a place to go on a school trip to India,
Speaker 3: and I remember coming home and being like, Mum, I
Speaker 3: got it. I applied this thing. I've won a place,
Speaker 3: and the four people at my school get to go.
Speaker 3: She was like, well you can't go, you obviously can't go. Yeah,
Speaker 3: And I was like, oh, okay, but I want it though,
Speaker 3: and like we have to put in the deposit and
Speaker 3: it was like I think it might have been two
Speaker 3: or three hundred dollars for the deposit, but then it
Speaker 3: was a total of like two grand that had to
Speaker 3: be paid within maybe a month or so. And she
Speaker 3: was like, well, that's simply not something that we do.
Speaker 3: We're not going to do that. We can't do that.
Speaker 3: That's not available. And it wasn't like a will fundraise,
Speaker 3: we'll do this, we'll do it. Will wasn't make it work.
Speaker 2: I'm solving And that's okay. That's her money story and
Speaker 2: how she was dealing with it. But it doesn't. And
Speaker 2: this is where I sound wanky maybe Like I say
Speaker 2: that I sound a little bit pretentious when I say
Speaker 2: having a growth mindset is important because I feel like
Speaker 2: if re entrepreneur who has a podcast is talking about
Speaker 2: growth versus fixed mindset, you.
Speaker 3: Know what, you're not the vibar yea.
Speaker 2: Because of my background in psychology, because of money stories
Speaker 2: that I hear on the regular, Like, it is so
Speaker 2: important even if you can't afford it, to be fostering
Speaker 2: this growth mindset in your children, in my children, in
Speaker 2: us in general, because it opens us up to more opportunity.
Speaker 2: Did it mean that we could have changed you going?
Speaker 2: Probably not, but like explaining, all right, well, we don't
Speaker 2: have the resources for that right now. This is how
Speaker 2: they're budgeted. You know, what could we do to get
Speaker 2: you there? And you could have like brainstormed it out,
Speaker 2: and you know you might I don't know you, as
Speaker 2: you know a young child, you might have gone, Mum,
Speaker 2: don't worry about it. I don't want to have to
Speaker 2: do fundraising and organizing. But there could have been a
Speaker 2: solution that really helped you build. I mean to be honest,
Speaker 2: looking at your wider money story, you didn't need it.
Speaker 3: So I think too it comes back to spoiler. Like
Speaker 3: I work a little bit in financial literacy with kids now,
Speaker 3: and I think it comes back to the fact that
Speaker 3: the only money story, and we ask kids, like, what
Speaker 3: if you heard about money growing up? The only statement
Speaker 3: I'd ever heard was we can't afford it. And that
Speaker 3: is a helpful objective statement, but it doesn't give context
Speaker 3: for what that means. And when you take me objectively
Speaker 3: going to a private school, it doesn't make sense that
Speaker 3: you can't afford to give me money to go overseas.
Speaker 3: For a school trip, because how are you sending me
Speaker 3: to this private school. I knew I had a scholarship,
Speaker 3: but I didn't know what that financially meant. And I
Speaker 3: was old enough to start putting numbers to money. I
Speaker 3: was spending money at the canteen. I was, you know,
Speaker 3: nicking money from my dad's little coin bowl so I
Speaker 3: could get a soft serve on the weekend. Like I
Speaker 3: had a bit of a concept and I was using it.
Speaker 3: But because I had no real world application of money,
Speaker 3: someone telling me we don't have money for that didn't
Speaker 3: make sense to me when I could see what we
Speaker 3: did have money for. And it wasn't until I started
Speaker 3: to look back and put the pieces into place and
Speaker 3: have more conversations. And my mom is still very hesitant
Speaker 3: to talk about money. But I know that her boss
Speaker 3: was paying my school fees, not her. I also know
Speaker 3: now and again have context for it now. I remember
Speaker 3: when I was lodging my first tax return and I
Speaker 3: actually was like, I think I'm going to get taxed
Speaker 3: back because I've earned more money. I asked her how
Speaker 3: to do it. She said, I don't know. I've never
Speaker 3: earned over the threshold. And I was like, this is
Speaker 3: a single one with two kids, who's paying rant and
Speaker 3: she's not earned over whatever it was at the time,
Speaker 3: fifteen sixteen thousand dollars. I was like, oh, oh, so
Speaker 3: that's what we were working with here. Okay, so now
Speaker 3: I understand when you say we don't have money. We
Speaker 3: didn't have money. And to the comment icon, I.
Speaker 2: Know you said that you grew up not knowing you know, oh,
Speaker 2: you didn't understand the concept of not affording it. Okay,
Speaker 2: that makes a lot of sense. Like, you know, growing up,
Speaker 2: I heard a fair bit, Oh, Victoria, we can't afford that,
Speaker 2: And like we weren't on the poverty line. We definitely
Speaker 2: were like well off in comparison to a lot, but
Speaker 2: like we definitely, like I think, looking back, we're very
Speaker 2: weake to week like yeah, and that's okay. But often
Speaker 2: when my parents said we can't afford that, it was
Speaker 2: because we're prioritizing money for something else. Like we definitely
Speaker 2: didn't have the big family holidays and all of that,
Speaker 2: Like that just wasn't part of it. But when my
Speaker 2: parents said we can't afford that, I had the benefit
Speaker 2: of knowing it was because they were allocating it to
Speaker 2: something else. Yeah, whereas when your mom said she can't
Speaker 2: afford that, you didn't know the difference. She hadn't told
Speaker 2: you we actually have no cash, babe, Like there's nothing
Speaker 2: there that's just not happening.
Speaker 3: And I respect that she didn't. I assume you know,
Speaker 3: you don't want to say that to your child. You
Speaker 3: don't want them to worry. Like you said, I might
Speaker 3: have been more, oh, what can I do and what
Speaker 3: can we do and how can I help? And that
Speaker 3: might have not made her feel great either, but it
Speaker 3: did mean that it didn't have the context in our
Speaker 3: family for what can't afford meant, and so I wasn't
Speaker 3: able I think at that point to understand money is
Speaker 3: a thing that can get you things. Money was just
Speaker 3: the thing we didn't have and that we probably wouldn't have,
Speaker 3: and so just go and earn some and try and
Speaker 3: survive on what you earn. And that's success, which is
Speaker 3: also not bad, but it's one of those things where like,
Speaker 3: if that's where you think the end of the road is,
Speaker 3: that's as far as you ever go.
Speaker 2: Yeah, of course, of course. So tell me a little
Speaker 2: bit more about your life, like what do you do
Speaker 2: for work? How much money are you earning.
Speaker 3: Currently, I have a lot of different things that I
Speaker 3: do for work.
Speaker 2: So so's a diverse queen.
Speaker 3: Oh, yes, I'm diversifying everything. I am the asset and
Speaker 3: I'm diversified. I basically I went to UNI because my
Speaker 3: parents are like, doesn't matter what you do, you have
Speaker 3: to go to UNIE because you're going to get a job,
Speaker 3: and that's the way to do it. And I really
Speaker 3: wanted to study theater, so I did. And I really
Speaker 3: wanted to study psychology, but I thought I would give
Speaker 3: like no, like, I hope.
Speaker 2: That's not a bad thing to say, like the most
Speaker 2: positive yeah, in the most positive way ever, Like you
Speaker 2: just seem like a really fun time, thank you so much.
Speaker 2: Like she's got range as a friend. I can see it.
Speaker 2: I can see it's clearly empathetic. But you're also probably
Speaker 2: the most entertaining at a dinner party, I hope.
Speaker 3: So, I hope. So because one of my jobs is entertaining. Yes,
Speaker 3: there you go. It's all covered together. I studied that.
Speaker 3: I studied behavioral science, which I really enjoyed because it
Speaker 3: was that practical behavior application of psychology. And I study
Speaker 3: education because everyone's always getting need teachers, So it was
Speaker 3: like my fallback, my backup plan, and I was very
Speaker 3: comfortable being a teacher for a little bit. Got the
Speaker 3: big girl job, got the big girl car Lee slash
Speaker 3: Loan did that, and then moved with my boyfriend to
Speaker 3: Sydney when he got his dream job, and realized that
Speaker 3: teaching is a state accredited profession and then it can
Speaker 3: take a long time to move your registration from one
Speaker 3: place to the other. So I was waiting ten months
Speaker 3: to get my registration changed, and obviously it was time. Yeah.
Speaker 3: I was like, I can't casual teach, I'm not registered.
Speaker 3: What am I going to do? And I started looking
Speaker 3: for anything and I basically fell into working in schools,
Speaker 3: still doing behavioral science, doing behavior change programs for lots
Speaker 3: of different types of information, and mostly in cybersecurity and
Speaker 3: digital safety, but also financial literacy, which was fun because
Speaker 3: I was learning it along with the kids. Yes, I
Speaker 3: was like, what how do we check the award wage?
Speaker 3: How do I know what I'm getting paid?
Speaker 1: Like, what do you know?
Speaker 2: What do you know what? One of my girlfriends is
Speaker 2: a teacher and she's just like changed where she's at
Speaker 2: and she was really stressed, and I was like, babe,
Speaker 2: you literally just need to be one lesson ahead of them,
Speaker 2: like you can learn them at the same time. Just
Speaker 2: make sure you're one lesson ahead so that when they're
Speaker 2: asking you, you have all the answers, but like, go
Speaker 2: home and learn that stuff so that the next week
Speaker 2: and you know what, you know a year after that,
Speaker 2: you're not going to have to do that again.
Speaker 3: No, no, exactly. And so I moved up in that job,
Speaker 3: and I found that I really enjoyed talking surprise, surprise,
Speaker 3: but also teaching in that way, not so curriculum bound,
Speaker 3: but more in the conversations and listening to kids say well,
Speaker 3: this is my problem. What can I do? And me
Speaker 3: saying well, what can you do? What do you think
Speaker 3: you can do? And facilitating rather than just telling. And
Speaker 3: so I started doing more of that work and eventually
Speaker 3: went into consulting through the company that I was with,
Speaker 3: and did that at a pretty good level for a
Speaker 3: while until I got to a point where I realized, actually,
Speaker 3: I'm doing a lot of the consulting, management, planning, project
Speaker 3: stuff and not the talking and the connecting and the facilitating,
Speaker 3: which I really love and I'm really good at. And
Speaker 3: I had a really nice conversation with my employers, and
Speaker 3: I said, look, this work is here and I would
Speaker 3: love to be doing it, but because I'm doing this
Speaker 3: other stuff, I'm not doing the thing I love anymore.
Speaker 3: There are people who are better equipped to the project management,
Speaker 3: people the type a's are really good at that. Let
Speaker 3: them do that, let me do the yapping. How do
Speaker 3: we make this work? And so totally agreed that actually
Speaker 3: I would quit and I would come back as a
Speaker 3: contractor or a casual it's a bit funny contract wise,
Speaker 3: but essentially a casual employee, and I would still do
Speaker 3: the workshops. So I do still do the workshops. But
Speaker 3: I also then was asked by my friend if I
Speaker 3: would marry them as their celebrant.
Speaker 2: So that's so sick.
Speaker 3: So I became a marriage celebrant. I've also actually done
Speaker 3: quite a few memorials and funerals, which I also actually
Speaker 3: I really love. Yes, it's such a privilege and it's
Speaker 3: such a beautiful time to chat to people, and I
Speaker 3: have found that it is a good challenge to have,
Speaker 3: but also as such an interesting thing to be doing.
Speaker 3: And then I've been doing M seeing event m seeing
Speaker 3: as well on top.
Speaker 2: Of that, and so so cool.
Speaker 3: Plus I can still casual teach if I need to
Speaker 3: so back up plan tick.
Speaker 2: Oh my goodness, like you are a weapon. So how
Speaker 2: much money are we earning across all of these different things?
Speaker 3: Well, I love that to date it a little bit.
Speaker 3: We are doing this around and a financial year time
Speaker 3: because it means that all my year to dates are
Speaker 3: looking good. And in the last year today I pulled
Speaker 3: two hundred and four thousand, five hundred and seventy eight dollars.
Speaker 2: What I mean, you're just working casually, hanging out. Somehow
Speaker 2: you managed to convince your boss to fire you so
Speaker 2: that you could get hired as a consultant, and we
Speaker 2: all know they all get paid more. Like, like, I
Speaker 2: feel like you've gained the system in some way, shape
Speaker 2: or form, backtrack, backcheck. You're doing these like workshop stuff.
Speaker 2: That sounds amazing. Yeah, but you became a wedding celebrant,
Speaker 2: and like, what do you call it when you do? Like,
Speaker 2: celebration is a celebration of life, celebrant all that?
Speaker 3: Yeah, I still call it a celebrate. It's still a
Speaker 3: civil celebrant. Some people say it for just memorials of funerals,
Speaker 3: but it's still a celebrant.
Speaker 2: Yeah, how do you market yourself for that because I'm
Speaker 2: a assuming you're kind of like self employed in that space.
Speaker 2: You don't just go work for someone to do that.
Speaker 3: Yeah, and being self employed is also a real identity
Speaker 3: shift that I haven't quite come to terms with yet.
Speaker 3: So I know that technically I am, but that feels
Speaker 3: really scary to say.
Speaker 2: Which is way just call it a side hustle if
Speaker 2: you would lie.
Speaker 3: Maybe. So actually, so far, how to market that is
Speaker 3: a great question. I just got business cards like a
Speaker 3: week ago. I've been doing this for like a year.
Speaker 3: But my dad was like, do you have a business card?
Speaker 2: So now I do and a dad, that's very nice day.
Speaker 2: I'm not going to a conference, but.
Speaker 3: He was very happy just to know that I do
Speaker 3: have one. So yeah, but I haven't actually marketed myself
Speaker 3: in that domain at all. I gave myself one job,
Speaker 3: which was to put up one Instagram post a week
Speaker 3: because I really don't like doing it and it's ripping
Speaker 3: the band aid off and there we go. And I've
Speaker 3: been able to do that and everything else because it's
Speaker 3: not my primary income. It's just something that I love
Speaker 3: that I can do. Everything else has been for friends
Speaker 3: of friends, word of mouth, people hearing about it from
Speaker 3: somebody else, which I also really love because I think
Speaker 3: that the thing that I'm really good at is taking
Speaker 3: the story and the feeling of the people that I
Speaker 3: know well and telling it. And so that's been good
Speaker 3: for the weddings of people that I know. And it's
Speaker 3: about like us loving on them, not just a stranger
Speaker 3: being like, here are your friends that you all know
Speaker 3: better than me? Are they pretty?
Speaker 2: And do you know what that? From my perspective as
Speaker 2: someone who cares and loves and be like business everything right,
Speaker 2: I think that is such a brilliant way of building
Speaker 2: that business if you've got the time, Like, because a
Speaker 2: lot of people like I need to market because I
Speaker 2: need to keep clients. Great. I get that this sounds
Speaker 2: really self promotional. I promise that's not why I'm telling you.
Speaker 2: I wrote about it in my book The Business Bible,
Speaker 2: and it's about attracting the right client because they refer
Speaker 2: the right client for you, and often at the start
Speaker 2: of business. And I did this like where I would
Speaker 2: just take anyone who was kind of interested in working
Speaker 2: with me, and I'd be like, great, this is how
Speaker 2: clients work, right. You don't have to love them all
Speaker 2: like you don't have to, you know, really enjoy every
Speaker 2: single client. That's just how the cookie crumbles. And I
Speaker 2: found that even though I did a great job with
Speaker 2: those clients, those clients that I didn't love working with,
Speaker 2: they referred other clients that I didn't love working with,
Speaker 2: and then it kind of becomes a self fulfilling prophecy
Speaker 2: of filling your business with people who are maybe not
Speaker 2: the target that you originally wanted. So I just love
Speaker 2: that you're like, nope, I'm doing this. Yes, I'm doing
Speaker 2: one post a week. But by doing that, you're going
Speaker 2: to attract the right people and always love what you do.
Speaker 2: And I think that's important to you. Why do I
Speaker 2: think that's important to you? The sign behind you in
Speaker 2: your office which says do what you love every day,
Speaker 2: and I think that that's so important, But like that's
Speaker 2: so aligned.
Speaker 3: It definitely is, And I think that one of the
Speaker 3: prompts for leaving my full time job, which was incredibly
Speaker 3: scary as somebody who I have had a job since
Speaker 3: the beginning of time, I was working before it was
Speaker 3: legal because my mum knew the boss, you know, like
Speaker 3: when I'm yeah.
Speaker 2: You do what you got and you were also anonymous,
Speaker 2: and if they called me, I happened to have lost
Speaker 2: your number. That's crazy her name.
Speaker 3: But this is just a really cool dream that we had.
Speaker 3: I loved a part of the job, but not the
Speaker 3: whole job, and I saw people who loved the job,
Speaker 3: and I was like, that's the kind of people that
Speaker 3: should be doing this job, not me. And it was
Speaker 3: similar when I was teaching full time. I would look
Speaker 3: at some of the teachers that were there and just go,
Speaker 3: they are They are the teachers that you want your
Speaker 3: kids to have. And I think I was a good teacher,
Speaker 3: but I know that when I was in that full
Speaker 3: time classroom, I didn't have the passion and the drive
Speaker 3: for it that I could see other teachers did. And
Speaker 3: it was this nice, subtle thing that was just saying,
Speaker 3: you could do this when you want to and if
Speaker 3: you need to, but this is maybe not the thing
Speaker 3: that is going to get you out of bed in
Speaker 3: the morning for the next thirty years. And I didn't
Speaker 3: quite understand that at the time, because I thought any
Speaker 3: job is better than no job. And so it's taken
Speaker 3: a long time to get to a point where I
Speaker 3: could say, actually, I will quit my job. I didn't
Speaker 3: have a full year of emergency fund. Then I did
Speaker 3: have a good emergency fund and I did have the
Speaker 3: money behind me. But I think it was about like
Speaker 3: explicitly saying, actually, this is what this money is for,
Speaker 3: so that you can quit and you can take your
Speaker 3: time finding something else. And I think it was a
Speaker 3: nice balance between saying there's something better and different out
Speaker 3: there for me, and it's worth me pursuing. But also
Speaker 3: I know that I have the work ethic to take
Speaker 3: anything if I need to. I'm not going to be
Speaker 3: precious about it. And I think that I previously would
Speaker 3: have thought that it was bougie or stuck up or
Speaker 3: something to go, well, no, I'm not going to do
Speaker 3: that job. But I think there's a real difference between
Speaker 3: going what's my value and where's my passion and what
Speaker 3: can I do? But knowing that I can do that
Speaker 3: because I worked really hard to get to the point
Speaker 3: to do it, and that I wouldn't not work if
Speaker 3: I needed to work. You know, I didn't want to
Speaker 3: be there doing what I like.
Speaker 2: Yeah, And I think that that's really important. So tell
Speaker 2: me you clearly of what you do. And I feel
Speaker 2: like you've got a lot of clarity over the life
Speaker 2: you want to leave. So what are your big money goals?
Speaker 2: What are you currently working towards.
Speaker 3: I am currently working towards seeing polar bears in the wild.
Speaker 2: So love this.
Speaker 3: Yeah, so I am saving to do a cruise in
Speaker 3: the Arctic.
Speaker 2: Oh my gosh, that is so cool.
Speaker 3: It's going to be sick. I'm so excited.
Speaker 2: Which type of cruise are you going on? Because there's
Speaker 2: what so I have done research and at this stage
Speaker 2: in my life it's not feasible for me to do
Speaker 2: this cruise. But do you best believe the second my
Speaker 2: children are all over the age of eighteen, I will
Speaker 2: be going to the Arctic.
Speaker 3: Oh yes. I went to the Antarctic a few years
Speaker 3: ago and that was like my biggest money goal that
Speaker 3: I had ever done. And once so cool that had happened. Yeah,
Speaker 3: I was like, okay, now I need to see a
Speaker 3: polar bear.
Speaker 2: I was about to say they don't have polar bears.
Speaker 2: They don't.
Speaker 3: They don't famously, So I got.
Speaker 2: To think you would think that there would be polar
Speaker 2: bears there.
Speaker 3: There are not trying to them all off on one
Speaker 3: cruise unfortunately, So I'm looking at the ones that go
Speaker 3: northern Europe, so like Spalbard and up around there. But
Speaker 3: then I went down the rabbit hole.
Speaker 2: It can I lay someone from Swalbard on TikTok?
Speaker 3: Yeah, yeah, niche, But I love this, thank you. I
Speaker 3: learned that I loved traveling once I figured out I
Speaker 3: could afford to travel. So I've really ticked off a
Speaker 3: lot a lot of travel and started doing it through work,
Speaker 3: which I think was like a nice soft way to
Speaker 3: get into it, to be like you're traveling. It doesn't
Speaker 3: feel like a waste of money, it doesn't feel like
Speaker 3: a waste of leave because it's part of the job
Speaker 3: that you're here to do or the learning that you're
Speaker 3: here to get. And then decided I really liked it
Speaker 3: and then was able to continue doing it. So I'm saving.
Speaker 3: My goal is twenty grand for my Polar Bears before
Speaker 3: I'll book the cruise and everything, which I think will
Speaker 3: probably be So you're keen to thirteen grand yeap.
Speaker 2: So you're just like, I have to have the money
Speaker 2: before I even do the thing. I always yeah, but
Speaker 2: that's a really positive way to manage money. And I
Speaker 2: feel like that's the pinnacle of delayed gratification, right, Like,
Speaker 2: so many people would be like, no, I'll pay for
Speaker 2: it now and I'll pay off the whole holiday before
Speaker 2: it happens, or this option which I don't like, which
Speaker 2: is people who are like, no, I'll go and have
Speaker 2: the experience and I can pay it off later because
Speaker 2: I will never get that experience back again. And I
Speaker 2: get where you're coming from, but it's just also very
Speaker 2: financially irresponsible in my not so humble opinion as a
Speaker 2: finance expert, I love hearing it, But where did you
Speaker 2: get your sense of delayed gratification? Like how did that
Speaker 2: get built? Because that's not something everybody has.
Speaker 3: Yeah, I didn't think that I had it, but I
Speaker 3: do when I oil the choices I make. I think
Speaker 3: that part of it was truly from not having any
Speaker 3: other option. And I think I was lucky because I
Speaker 3: listened obviously to every single episode DAH and all the
Speaker 3: money diaries and everything, and I don't know what it was,
Speaker 3: and I was actually think about this the last couple
Speaker 3: of days. I don't know if it was a strategic
Speaker 3: thing on the banks or whatever, but I in my
Speaker 3: little friends so who growing up, especially in the places
Speaker 3: that I lived, we didn't get the credit card in
Speaker 3: the mailbox kind of thing.
Speaker 2: At eighteen, I was about to say, how, given your
Speaker 2: lack of financial literacy growing up, did you not just
Speaker 2: fall into getting a credit card and you know, going
Speaker 2: crazy on it because you deserve it?
Speaker 3: Kind of yes, I truly. The only thing I can
Speaker 3: think of is that I know my mum never had
Speaker 3: a credit card. It was just never modeled to me.
Speaker 3: It was said to me as something that you don't
Speaker 3: get And part of that was you don't get it
Speaker 3: because you shouldn't, but also part of it was you
Speaker 3: will not get one, like you can't get one. You're
Speaker 3: not going to be able to get one, You're not
Speaker 3: going to have the money to be qualified to get one.
Speaker 3: And so the good side about that.
Speaker 2: To say, yeah, from what you've shared about your mom
Speaker 2: not being able to do a tax return, I think
Speaker 2: it would have been very challenging for her to even
Speaker 2: access a credit card.
Speaker 3: I think so. And so it was one of those
Speaker 3: things where it wasn't a thing that I could have,
Speaker 3: and I didn't really see people having it. I know
Speaker 3: now they probably did, but I didn't understand the difference
Speaker 3: either between debt and credit until I had my own
Speaker 3: bank account. So it was just one of things where
Speaker 3: I saw someone TAPA card, I assumed it was their
Speaker 3: own money and was just really lucky in the fact
Speaker 3: that that didn't backfire on me then overspending and finding
Speaker 3: credit cards and doing all that sort of thing. Plus
Speaker 3: I was always very averse to debt, and I knew
Speaker 3: that credit card was debt and didn't stop me from
Speaker 3: taking on loans in different ways. But credit card was
Speaker 3: never a thing. And I was actually very hesitant to
Speaker 3: get my first credit card because I thought, to myself,
Speaker 3: I'm not a person who can be trusted with a
Speaker 3: credit card, with having what feels like unlimited funds or
Speaker 3: having just the ability to buy as I feel and
Speaker 3: not as I've planned, And so actually very hesitant.
Speaker 2: Yeah, okay, rude, butter Okay.
Speaker 3: Now I kept one to myself, you know, just to
Speaker 3: really marinate on that.
Speaker 2: Yeah, like Victoria, I had to let you learn yourself
Speaker 2: or something.
Speaker 3: Yeah, Golbill skatekeep gaza the.
Speaker 2: Class appreciate it. Let's go to a really quick break.
Speaker 2: And on the flip side, I need to know what's
Speaker 2: in your Beta Shares account. I want to know about
Speaker 2: your further opinions on debt, personal insurances, and I want
Speaker 2: to know what your best and worst money habitast guys
Speaker 2: that don't go anywhere. All right, money drives. We are
Speaker 2: back and you have hit more than six figures inside
Speaker 2: your Beta shares account. How why why beta shares? Let's
Speaker 2: start there.
Speaker 3: I started with a stable coin.
Speaker 2: Okay, tell the community what a stable coin is?
Speaker 3: Look not one thousand percent? Sure? Truly?
Speaker 2: Great? All right, well find that way, but you tell
Speaker 2: me your steps.
Speaker 3: So I was recommended by a friend to go to
Speaker 3: a certain platform which was having a stable coin, which
Speaker 3: my understanding was they were the ones investing essentially in
Speaker 3: cryptocurrency but not passing on I suppose the volatility of
Speaker 3: the cryptocurrency to the people investing in it, that they
Speaker 3: were giving a guaranteed rate of return. And I was like,
Speaker 3: I don't really understand this, but what you're telling me
Speaker 3: is that they're going to pay me interest daily for
Speaker 3: however long I keep my money in there, which they did.
Speaker 3: The platform spoiler alert no longer exists, and did have
Speaker 3: some legal crazy conversations with some and I got out
Speaker 3: before that happened.
Speaker 2: You actually did. I was about to be like, how
Speaker 2: did that go? Cause for me? Really well, okay, I
Speaker 2: love that for you specifically.
Speaker 3: Yes, for me really well because what it did, and
Speaker 3: I will say not the ideal way to get into it,
Speaker 3: but what it did was I had a referral code.
Speaker 3: I got in and I saw money that essentially was
Speaker 3: given to me for free. It was a classic Chezi's
Speaker 3: code situation.
Speaker 2: It was no, no, do not bring Chezels into this
Speaker 2: nine non cream. They would never, they would never. And
Speaker 2: also that platform that you're talking about, that referral code
Speaker 2: got them in a lot of trouble.
Speaker 3: It did, it did, it truly did, And I essentially
Speaker 3: had this what was for me at the time free
Speaker 3: money sat there and every day I got like a
Speaker 3: dollar more money, win, money, win, And then it felt
Speaker 3: too good to be true. It felt a bit uncomfortable.
Speaker 3: Things were in the news and I was like, take
Speaker 3: my money, that's mine now, got it all paid out,
Speaker 3: not a problem at all.
Speaker 2: But also terrifying. Also, I feel the need right now
Speaker 2: to like, I don't know, you know, when you like
Speaker 2: need to back yourself a little bit.
Speaker 3: Yeah.
Speaker 2: So the Shares's code I have, I don't make any
Speaker 2: money from my friends. So if you were to use
Speaker 2: my Shares's code, which this is a subtle plug for them,
Speaker 2: not paid, but it's SotM ten. You get ten dollars
Speaker 2: in your account. I get no dollars when you use that.
Speaker 2: And that's the way I like it, Like I don't
Speaker 2: actually want to make money from your code. Usage is
Speaker 2: just to benefit you if you want to use it.
Speaker 2: I obviously get paid by them in marketing because sometimes
Speaker 2: they spawned to the podcast, but they don't get to
Speaker 2: tell me what to say or how to say it
Speaker 2: or any of that. And I use the platform myself,
Speaker 2: so you know, unlike stable coin, where the referral you
Speaker 2: would make money if people used your referral code. And
Speaker 2: like if you guys heard about the platform where the
Speaker 2: influencers were getting in trouble for using their referral codes
Speaker 2: to promote cryptocurrency investment, that was that, and there was that. Yes,
Speaker 2: I think it's as prevalent. And that's where people, especially
Speaker 2: when they don't have the financial literacy that they deserve,
Speaker 2: get confused because they go well to say as Schares
Speaker 2: is right, so different and scary.
Speaker 3: It was wild. I was asking the question, how can
Speaker 3: they do this? And that could never be explained to
Speaker 3: me in a way that I was comfortable with.
Speaker 2: Yeah, why are they consistently able to give me money?
Speaker 2: Like that makes them no sense?
Speaker 3: And so I was thinking this can't last. It is
Speaker 3: too good to be true, It isn't appropriate it and
Speaker 3: I didn't feel good being a part of it. So
Speaker 3: I came out of that. The thing that it did
Speaker 3: help me understand was interest and compounding interest, because I
Speaker 3: knew that I had had high interest savings accounts because
Speaker 3: my brother had been like, this is how you do it,
Speaker 3: and I was like, great, But I didn't see that.
Speaker 3: I think because I wasn't looking for the interest, I
Speaker 3: didn't quite understand how it was adding up, and because
Speaker 3: that interest was, you know, changing depending on how much
Speaker 3: was in my accounts, and so I couldn't quite equate
Speaker 3: it with the fact that it was just earning money
Speaker 3: on its own. And so seeing that daily did break
Speaker 3: it down for me to understand, actually, if I just
Speaker 3: leave it there and don't touch it, I will get more.
Speaker 3: And so that helped me understand the concept. And then
Speaker 3: came out of that and was like never again. Too crazy.
Speaker 3: Then got into the she's on the money, Colt really
Speaker 3: happy to be here, thanks so much for having me him.
Speaker 3: Thank you for coming, loved it and was listening to
Speaker 3: all of the podcast as is the required reading for
Speaker 3: this session, and got the Shares's code and thank you
Speaker 3: very much, we love and put in my little ten
Speaker 3: dollars and was just like, let's just.
Speaker 2: Oh, so you're on Shares's. You're not direct to ah.
Speaker 2: I was.
Speaker 3: Such a windy answer. Yes, basically I got on them.
Speaker 3: I had a spaceship. I did the whole like put
Speaker 3: a little bit everywhere and see what you like and
Speaker 3: see what works for you. And so I had liked
Speaker 3: the spaceship portfolio situation where I could just pick one
Speaker 3: easy choice out of three or whatever it was and
Speaker 3: if we go. Then managed to get into Shares's with
Speaker 3: the code love the platform got back onto that I
Speaker 3: had to raise at some point as well to suss
Speaker 3: that out. And then when I was in my big
Speaker 3: dog consulting job, I went to a financial advisor and
Speaker 3: they looked at the things I picked and they said,
Speaker 3: you've actually picked Beta Shares and you can just do
Speaker 3: it with their own platform and you won't have fees
Speaker 3: and it will look like a bit more consolidated for you.
Speaker 3: That seems to be the way that your profile has
Speaker 3: already leant towards you just lit across two different platforms
Speaker 3: at the time, and I was like, oh, okay, let's
Speaker 3: just consolidate.
Speaker 2: Interesting, okay, okay, cool?
Speaker 3: Love? Yeah it was how fun?
Speaker 2: And how often are you investing? What does that journey
Speaker 2: look like currently?
Speaker 3: Because I know that I'm making bank at the moment,
Speaker 3: and I know that I'm living under my means, I'm
Speaker 3: trying to invest what looks like spare on my beautiful
Speaker 3: she's on the money budget spreadheet, and so currently my
Speaker 3: bank transfer automatically without me having to pay attention two
Speaker 3: thousand dollars.
Speaker 2: A week, sorry, two thousand dollars a week a week
Speaker 2: a week a week a week okay, sorry, just had
Speaker 2: to check a week, Like you have two thousand dollars
Speaker 2: post tax a week. Okay. So like, just to confirm
Speaker 2: your you're investing about one hundred grand a year.
Speaker 3: Look, I will say that number has gone up and
Speaker 3: up and up. I started. We love this.
Speaker 2: I'm assessed with this, Like I just found hinged so cool.
Speaker 2: You're not unhint see see people are like that's unrealistic,
Speaker 2: and I go, okay, why someone doing it?
Speaker 3: Then? Yeah, how did we get here?
Speaker 2: Like if she can do it, it's actually not that unrealistic.
Speaker 2: Like unrealistic things are things that nobody's ever done before.
Speaker 2: But right now you're role modeling that for us and
Speaker 2: showing us exactly how you did it. It might not
Speaker 2: work for some people, and I get that, and that
Speaker 2: sometimes doesn't feel good, Like sometimes I'm like, oh, I
Speaker 2: wish I could do that as well. And I'm not
Speaker 2: saying that this is comparable, but it's a good analogy.
Speaker 2: It's like you saying, I'm planning an Arctic trip that
Speaker 2: is just not gonna work for me. I have two
Speaker 2: kids under two. I am on a different life journey
Speaker 2: than you right now, and that is okay. But for
Speaker 2: me to go to the Arctic right now is incredibly unrealistic.
Speaker 2: For some people in my community to invest even one
Speaker 2: hundred dollars a week is unrealistic, And that is okay.
Speaker 2: But how cool is it that we get to learn
Speaker 2: about what people are doing so that when you have
Speaker 2: the re sources, you've already got the education.
Speaker 3: It's the habit that made it possible. Though. To your
Speaker 3: point is that, and I know you say it every
Speaker 3: episode at least somewhere, is that you get into just
Speaker 3: the habit of doing it, and it's going to keep going.
Speaker 3: And being the behavioral science background, I know that habits matter.
Speaker 3: I know the environment matters. I set up the environment
Speaker 3: to invest, and the amount is the thing that changes.
Speaker 3: So I've been putting in a weekly amount for a
Speaker 3: few years now, and that was like ten dollars and
Speaker 3: that was it. And so when I had a bit
Speaker 3: of extra income, it wasn't oh, well, now I am
Speaker 3: someone who invests more money. It was just, well, I'll
Speaker 3: just put it in a bit more this week. So
Speaker 3: I went back through my transactions to see how much
Speaker 3: I had been investing over the last couple of years,
Speaker 3: because I thought that, like I say it out loud,
Speaker 3: two thousand dollars a week, and that is just like
Speaker 3: easteract exactly. But I look back through it and I go, okay, well,
Speaker 3: actually this time last year I was doing a couple
Speaker 3: hundred bucks a week. And then because I was earning
Speaker 3: more money and I didn't want to spend it on
Speaker 3: something else, I just said, okay, well, I'll just put
Speaker 3: a bit more into my investment for now, knowing that
Speaker 3: I can take it and stop it whenever I want.
Speaker 3: And because I do work a bit casually, a bit contract.
Speaker 3: I work in schools. There's not a lot of work
Speaker 3: over December January. So I stopped investing in December January
Speaker 3: because I was like, yeah, I need that money to live.
Speaker 3: I need to keep it here ready to go, and
Speaker 3: then when I'm ready to turn it back on, it'll
Speaker 3: go back on. And so it was more just turning
Speaker 3: it and it felt flexible.
Speaker 2: It's the best example of what I try to literally
Speaker 2: preach every day, and that's from little things big things grow.
Speaker 2: And that feels really flippant, like it can feel like
Speaker 2: sure Victoria, and I always say, just set it up,
Speaker 2: set it up today, even if you can only invest
Speaker 2: a dollar, And people go, yeah, but that's not worth
Speaker 2: it Victoria, and I go, yeah, but it's not the
Speaker 2: dollar today, it's the dollar tomorrow, like, because if you've
Speaker 2: already got the habit, you just turn the habit up
Speaker 2: a little bit, and that's so much easier than starting
Speaker 2: because it's terrified. So say you start investing with a
Speaker 2: dollar this week, A lot of people are going to go,
Speaker 2: that's not worth it. And I go, so you could
Speaker 2: afford to lose a dollar And they go yeah, Like
Speaker 2: my coffee costs small, and I go, great, start with
Speaker 2: something that you're not stressed about losing, because if you've
Speaker 2: just saved your first thousand dollars and you're trying to
Speaker 2: make a decision on that entire sum of money, it's terrifying.
Speaker 3: Sucks.
Speaker 2: I don't want to lose one thousand dollars and you're
Speaker 2: not going to lose it. But like, that's how it
Speaker 2: feels when you start your investing journey. So why don't
Speaker 2: we just start small and then go, oh my gosh,
Speaker 2: I'm so silly, Like a dollar a week, what was
Speaker 2: I doing? I could have done morals just being conservative.
Speaker 2: So you double it and then you double it again,
Speaker 2: and very quickly that money becomes I mean not for everybody,
Speaker 2: because again adore you, but unrealistic for most people. But
Speaker 2: that for you has become two thousand dollars a week.
Speaker 2: But had you waited until you had that cash flow,
Speaker 2: I promise you would have found something else for that
Speaker 2: cash flow. You would have been like, oh no, like
Speaker 2: I'm just going on my art dic trip earlier. And
Speaker 2: like life has a very sneaky way of absorbing money.
Speaker 2: We need to put a system in place for ourselves.
Speaker 3: As somebody who has been very hesitant to spend. It's
Speaker 3: a nice way of feeling like I am saving because
Speaker 3: it's for future me than just putting in a savings
Speaker 3: account and knowing that it's not going to do as well,
Speaker 3: and that obviously, I will say it came with a
Speaker 3: lot of the learning of my own mindset and my
Speaker 3: own risk profile and my own way of living, as
Speaker 3: well as the comfort of going, okay, well, you can
Speaker 3: earn money and you do know the difference, and you
Speaker 3: are taking a calculated decision between high interest savings account
Speaker 3: and what you invest in and what that looks like.
Speaker 3: And I think part of that too is knowing that
Speaker 3: that two thousand dollars, that's what I have put in
Speaker 3: for the last few weeks, and I'll probably will for
Speaker 3: a few more weeks, and then if things change, then
Speaker 3: I will put it down and I will still be
Speaker 3: an investor, and I will still have the portfolio, and
Speaker 3: I will still be contributing, and it won't be any
Speaker 3: worse than what I was doing right now, and it's
Speaker 3: still going to feel good. So that it was a
Speaker 3: really nice rollercoaster to know that it's also not failure
Speaker 3: when I turn it down. And in my head, I'm saying,
Speaker 3: when I turn it down, I know this isn't how
Speaker 3: much I will sustainably invest forever, because it's mad. And
Speaker 3: so I'm going to make hay while the sun is
Speaker 3: shining for this exactly.
Speaker 2: And I say that all the time, like, baby, make hay,
Speaker 2: well the sun is shining. Yes, let's go. And yeah,
Speaker 2: that's how you've set yourself up. So tell me you've
Speaker 2: done the same thing for you superannuation.
Speaker 3: Yes, I again, this was very nice advice for my brother.
Speaker 3: When I first started working. He said, when I got
Speaker 3: my yeah, my be full time job. I know a
Speaker 3: man good advice. Can you believe he gave me that?
Speaker 3: And he said, please put in just a little bit extra,
Speaker 3: and literally it was twenty bucks every pay and kept going,
Speaker 3: kept going. I realized that I technically then had been
Speaker 3: contributing to the first home super Safe scheme when housing
Speaker 3: was on my mind.
Speaker 2: So that an accident, a happy accident.
Speaker 3: It was so good. And so now my super is
Speaker 3: at two hundred and eighteen thousand dollars.
Speaker 2: At thirty four. Huh, okay, she's going to be like
Speaker 2: real rich by the time you're retiring. That compounds. You're
Speaker 2: retiring with what, oh like at least two million dollars
Speaker 2: in super, if not more so if you didn't contribute anymore.
Speaker 2: But I'm assuming you're not going to stop your contributions
Speaker 2: because that would be silly. Do you know what?
Speaker 3: And this is also spoiler alert unhinged, unrelatable content. I
Speaker 3: looked at my paceley at firstly places everyone should. It's
Speaker 3: like the first thing we teach kids as well, look
Speaker 3: at it, see what it is, understand what the words mean.
Speaker 3: And I had a super refund and I thought, hang on,
Speaker 3: what's going on here? Don't love this? And that is
Speaker 3: how I learned that actually there is a cap that
Speaker 3: your super can get every quarter. And because I had
Speaker 3: had a really good quarter, my employer had paid me
Speaker 3: too much SUPER and had had to take it back
Speaker 3: like forty bucks or something. And I remember calling my
Speaker 3: brother and going, oh no, they've taken my super. What's
Speaker 3: going on? And he's like, there's no way you would
Speaker 3: have hit the cap and he had looking and he goes, oh, yeah, okay,
Speaker 3: you're doing well. That's like great. So it was one
Speaker 3: of my strategic choices when I quit my big dog job.
Speaker 3: I stopped contributing voluntarily to SUPER, I still obviously was
Speaker 3: getting paid SUPER, and it is a nice thing in
Speaker 3: the fact that I am technically a casual employee, is
Speaker 3: that my SUPER is paid for me and I don't
Speaker 3: need to be keeping on top of that from like
Speaker 3: a contractor self employed side of things.
Speaker 2: Yeah, so you're already at ahead so and exactly not
Speaker 2: like you're not investing at all, Like you're going, I
Speaker 2: am going to be able to access this sooner. Have
Speaker 2: you thought about the difference between investing inside and outside
Speaker 2: of SUPER? Is that's just what's happened, Like, that's why
Speaker 2: you have the strategy that you have.
Speaker 3: Yeah, it has happened quite I would say accidentally, but
Speaker 3: through the gaining of education over the last few years
Speaker 3: and the choices that I've made, right, it's how I've
Speaker 3: obviously ended up here. I definitely have seen that I'm
Speaker 3: in a very privileged position in that I've had super
Speaker 3: fer all of my working life, which I know, you know,
Speaker 3: we talk about my mom and some of my older
Speaker 3: friends have not had and so I know that it's
Speaker 3: there and I want it to be really healthy for retiring.
Speaker 3: And then only in the last couple of years have
Speaker 3: I looked at my investments outside of super and gone, oh,
Speaker 3: hold on a sec I could be on track to
Speaker 3: do the whole retire early investments, take myself up to
Speaker 3: the super age and then go on from there. And
Speaker 3: so it's only in the last five or six months
Speaker 3: that I've gone, okay, well, what do those numbers look
Speaker 3: like in what I'm aiming for? Because before that, the goal,
Speaker 3: as I think we all do, we set you know,
Speaker 3: the next achievable goal. My next achievable goal was hit
Speaker 3: one hundred grand in my benches and that will happen
Speaker 3: hopefully in the next couple of weeks. And then the
Speaker 3: next one from that is okay, well, now what are
Speaker 3: the numbers that I'm chasing for? What are retirement early
Speaker 3: might look like? And that's the next thing when we
Speaker 3: talk about, you know, giving yourself an a on what.
Speaker 2: You know so far.
Speaker 3: That'll be my next chunk of learning.
Speaker 2: Yeah, and so to talk a little bit about the
Speaker 2: house thing, you said, I bought a house and then
Speaker 2: on board it. What does that mean?
Speaker 3: Oh my goodness. So because obviously I have been doing
Speaker 3: well at work and I had this saving because I thought,
Speaker 3: what do you do when you have savings, you try
Speaker 3: and buy a.
Speaker 2: House that's very stereotypical of you exactly.
Speaker 3: And I thought that that's what I needed to do
Speaker 3: because that was a lot of the conversation. And I
Speaker 3: saw people around me really trying to buy their houses,
Speaker 3: and I thought, you.
Speaker 2: Know, I can be in on this too. I've got
Speaker 2: some cash.
Speaker 3: Yeah, I thought I could actually do this. I looked
Speaker 3: and I thought, you know, I've got this first home
Speaker 3: super saver that's been taken away that I didn't realize
Speaker 3: I had. I have access to this, and maybe I
Speaker 3: do want to because I don't want to rent forever.
Speaker 3: So my partner, I looked at a few places, put
Speaker 3: in a few offers, didn't get anything. Had a wonderful
Speaker 3: Zella mortgage broker, obsessed, Yes.
Speaker 2: Who did you have? Georgia Gorge, Gorge. That was going
Speaker 2: to be my answer defending one who Yeah, whoever it
Speaker 2: was they were. I loved them all, but I just
Speaker 2: I like knowing.
Speaker 3: Yeah, I truly did. And she was very helpful in
Speaker 3: helping us understand what was available to us and how
Speaker 3: to do it. And we were looking for something where
Speaker 3: it would be compared able to paying rents, so we
Speaker 3: weren't going to the top of what we could borrow.
Speaker 3: We were keeping it very achievable. We wanted to pay
Speaker 3: it off early. We wanted to have it be a
Speaker 3: smart decision and not just a panic by kind of
Speaker 3: a moment. Everyone was talking about interest rates had gone
Speaker 3: a bit lower. This was like maybe end of twenty
Speaker 3: twenty four, maybe twenty twenty five, and it felt achievable.
Speaker 3: So we looked around. We found a few places. We
Speaker 3: found a place that was technically knew no one had
Speaker 3: lived there before, but it wasn't actually off the plan
Speaker 3: because it was old enough. Also yeah okay, yeah, and
Speaker 3: we liked it. It would have been a bit more
Speaker 3: of a drive. It was smaller than where we lived.
Speaker 3: But at the place that we were renting was really
Speaker 3: really bad, like they've had to tear it down bad
Speaker 3: since we moved out kind of thing. So we were
Speaker 3: sick of the rental life. We've done sharehouses, we've done
Speaker 3: small places. We were like, okay, this is our starter house.
Speaker 3: Off we go and we signed all the paperwork, got
Speaker 3: it all going, and then the building and pest came
Speaker 3: back and it was a bad build. There were so
Speaker 3: many things that had to be fixed. They all could
Speaker 3: have been fixed. But we said, well, we're not buying
Speaker 3: a fixer upper. We're not that couple who are buying
Speaker 3: something to renovate and flip it.
Speaker 2: We want somebody that's comfortable.
Speaker 3: Yeah, it's not for us. And so we had to
Speaker 3: go through a lot of back and forth with the
Speaker 3: real estate because they were not accepting us with drawing
Speaker 3: even though we had the condition of the contract. We
Speaker 3: were within our right to do so. The building and
Speaker 3: pest was written perfectly, our conveyed.
Speaker 2: It was fun to member this.
Speaker 3: It's me yeah, oh yeah you it's the Mojo Dojokrsa house.
Speaker 2: It is the Mojo dojah Krza house. Just for everybody
Speaker 2: playing along at home. I was like, what is going on?
Speaker 2: This gorgeous couple sent us a box of treats that
Speaker 2: said like the Mojo Jojo Kasa house on it, and
Speaker 2: you sent Georgia the cutest letter being like, thank you
Speaker 2: for helping us to buy our Mojo Jojo Krza house.
Speaker 2: And then Georgia a couple of weeks ago it is
Speaker 2: like they no longer own the Mojo Jojo Karsa house.
Speaker 3: It's gone. And it was a nice way to think
Speaker 3: about it and we'll say for people like get.
Speaker 2: It really did turn into Ken's house.
Speaker 3: Huh, it was bad horses everything.
Speaker 2: But also I'm just so glad that you had the
Speaker 2: ability in your contract to have subject to building and
Speaker 2: pest and subject of finance, because when people don't put
Speaker 2: those in and they're just really optimistic, they're like, it'll
Speaker 2: be fine. Like sometimes it's not time. And as you experienced,
Speaker 2: sometimes even when it's in your contract, people are still like,
Speaker 2: oh no, like you can make it work. Money diarist,
Speaker 2: you should make it work. You should do X or
Speaker 2: Y or z, and you just go, don't bully me
Speaker 2: into this. This is not what I signed up for.
Speaker 2: And like you would have got all your deposit back
Speaker 2: because of that clause.
Speaker 3: Right, absolutely, absolutely we got it all back. And they
Speaker 3: were really stringing out and the only thing that actually.
Speaker 2: Yeah, because they knew that there wouldn't be another buyer.
Speaker 2: They knew that once you were lost, trying to convince
Speaker 2: somebody else to purchase that house was just not gonna.
Speaker 3: And they were still they really knew that we were
Speaker 3: first home buyers. They were really putting the pressure on
Speaker 3: us that it had to happen, that we'd already agreed.
Speaker 3: The only thing that got it backed out at the
Speaker 3: time was that the real estate agent accidentally ceased our
Speaker 3: conveyancer on an email where he basically admitted, this place
Speaker 3: is bad. What am I going to tell these people
Speaker 3: to get to sign the contract?
Speaker 2: Yeah I didn't know that part. That is diabolical in
Speaker 2: the best way.
Speaker 3: Yeah. It was awesome. And our conveys us she was
Speaker 3: such a boss, so she was just like, oh, I
Speaker 3: guarantee you your money will be back by the end
Speaker 3: of the week after this, and it was that.
Speaker 2: No, we had a separate car, we had a separate conveyancer,
Speaker 2: but also still an icon. I just Laylor, who was
Speaker 2: my conveyancer, would have loved every second of that. And
Speaker 2: I'm sure your conveyancer was just like, no, no, no,
Speaker 2: this is why I get to do what I do.
Speaker 3: She had called me that morning and said, you're going
Speaker 3: to need to get a lawyer because they're not going
Speaker 3: to let it drop. We're going to have to take
Speaker 3: it to court. And then two hours later she called
Speaker 3: me and said, check your emails. You won't believe what
Speaker 3: they've done.
Speaker 2: Oh I love live, Oh yes, and you know what
Speaker 2: I say, good things having to good people.
Speaker 3: Look, it cost us in all the things that it
Speaker 3: costs you to buy a house, right in paying the
Speaker 3: fees to get it all sussed out. It cost me
Speaker 3: in that I didn't know and I know now that
Speaker 3: once you withdraw for the first time, super save a scheme.
Speaker 3: If you give it back, firstly you can withdraw it
Speaker 3: and hold it for a little while. It's like a year,
Speaker 3: and then extension if you want, if you want to
Speaker 3: buy again, if you decide you're not going to buy
Speaker 3: and you put it back, you can never withdraw it. Yes,
Speaker 3: so I have put it back since okay, which means
Speaker 3: I can never withdraw it. But basically, going through that
Speaker 3: whole process taught us that we could buy a house
Speaker 3: if we want it. And again, it sounds very boogie,
Speaker 3: but it's one of those things where I think that
Speaker 3: we needed to know that it was possible, to know
Speaker 3: that it was something we didn't want to do, and
Speaker 3: when we were going through the whole process and really
Speaker 3: understanding what buying a house looks like, but then also
Speaker 3: what having a house looks like and the ongoing costs.
Speaker 3: But also for us, we're both people who like to travel,
Speaker 3: We like to move around a lot we're currently in,
Speaker 3: but we might not stay here forever. For us, it
Speaker 3: wasn't the freedom that we needed in our lives, even
Speaker 3: though it did have the potential for financial freedom down
Speaker 3: the track. And instead it was nice to sit down
Speaker 3: and go, well, actually, do you want to do this again?
Speaker 3: And my partent was like, I don't think I do,
Speaker 3: And I said I don't think I do either. This
Speaker 3: is really isn't what we want. And yes, that was
Speaker 3: colored by the fact that it was a really bad day, like.
Speaker 2: Yeah, brilliant, it's help for me to be able to say,
Speaker 2: let's not do this again.
Speaker 3: Yeah, And that really helped me with actually my investing
Speaker 3: goals because I went, Babe, you're not going to have
Speaker 3: a house. How are you going to pay for accommodation
Speaker 3: when you're older? What are you going to do? So
Speaker 3: that's what are we going to do here? So yeah,
Speaker 3: oh I love that.
Speaker 2: Yeah, all right, that's obviously something that you can't ensure for.
Speaker 2: This is going to be a great segue through that
Speaker 2: meanful thank you. It's also far more effective when you
Speaker 2: don't point out that you're trying to segue but do
Speaker 2: you have personal insurances? If so, what are they? How
Speaker 2: does that work?
Speaker 3: Yes, I have seen how Bessie is at sky Wealth.
Speaker 3: Oh you have time, because I have.
Speaker 2: Do you know what? At some point someone's going to
Speaker 2: go Victoria. I am convinced that you only pick people
Speaker 2: who have seen sigh wealth like money dost did we
Speaker 2: ask you?
Speaker 3: You absolutely did not. You absolutely did not know.
Speaker 2: Like it just happens to be that our people all
Speaker 2: have great days.
Speaker 3: I do feel like it's almost like being in the
Speaker 3: Girl Scouts where you start listening and you get your
Speaker 3: first badge where you just like, oh, get your Shares's code,
Speaker 3: and then you get your next badge where you've gone
Speaker 3: to like sky Wealth, and then you get a badge
Speaker 3: when you've gone to Zella and collecting the badges.
Speaker 2: Do you know what? I should start making badges. I'm
Speaker 2: going to stand out badges. Thank you. I love that.
Speaker 2: I'm also going to start selling cookies.
Speaker 3: I'm like both, I've got the Sweet Tree Provider, so
Speaker 3: I'll hook you upe exactly.
Speaker 2: I love this. I love this. So all of that
Speaker 2: is sorted and settled. And how was that a priority
Speaker 2: to you? Because I feel like so many people they
Speaker 2: want their badge, but they always put off getting their badge,
Speaker 2: it was I think.
Speaker 3: I have like a really nice motivational moment basically because
Speaker 3: I reached out to a financial advisor and sky Wealth
Speaker 3: in the same kind of week. I really took that
Speaker 3: hyper focus and just ran with it and sort of
Speaker 3: said what can we get done? And was really helpful
Speaker 3: because I had been talking about at the time, I
Speaker 3: was still full time employed, but I had been talking
Speaker 3: about going to contract or casual and so they were
Speaker 3: really helpful when I had transitioned. I had started the
Speaker 3: process with them when I was in my full time job,
Speaker 3: and then as I transitioned, they were able to change
Speaker 3: the quote for me, and so I have life insurance
Speaker 3: with them. And I also because of the way that
Speaker 3: I was working, and I will be coming up for
Speaker 3: my yearly review, so it'd be nice to go over
Speaker 3: it with them again. Because of the way I was working,
Speaker 3: I didn't qualify for income protection because my income was
Speaker 3: it was about to fix. Yeah. Yeah, so they explained
Speaker 3: to me, which I think was really nice. The education
Speaker 3: piece of it all. They helped me understand I have
Speaker 3: trauma insurance, so when different things happen, I'm entitled to
Speaker 3: different payouts depending on what things happen.
Speaker 2: And they probably bumped your trauma up because you have
Speaker 2: no income protection and kind of made sure that you
Speaker 2: had policies like your life insurance policy. They've probably ensured
Speaker 2: that you can potentially claim on it for terminal diagnosis
Speaker 2: as well, which obviously is not something we want to
Speaker 2: have to talk about. But that's why it's important to
Speaker 2: not just take the first answer, and because so many
Speaker 2: people might have been in your situation and been like,
Speaker 2: I can do it myself, and you go, yeah, great,
Speaker 2: like you're a smart individual. I have no doubt you
Speaker 2: could go through this process yourself. But so many of
Speaker 2: us just stop when we get a decline that says,
Speaker 2: oh no, sorry, you can't have income protection. And then
Speaker 2: you go, right, well, I'm absolutely up the creek without
Speaker 2: a paddle, and there are just so many things that
Speaker 2: we can do that put you in the best possible position. Still,
Speaker 2: I mean, your advisor probably would have said, money Diarist,
Speaker 2: we would love for you to have income protection, and
Speaker 2: if your circumstances change, please call us some more try
Speaker 2: and implement that. But he's what we're going to do instead.
Speaker 2: I love that they've done that, money Diarist, that's a
Speaker 2: good money habit. What's your best money?
Speaker 3: Haveit my best money habit? I think it's just looking
Speaker 3: at my money. And I know this is a slippery slope, Okay,
Speaker 3: So I don't want to look at it too much.
Speaker 3: I don't want to become fixated on it. But the
Speaker 3: more I see it, the more I like it, and
Speaker 3: the more I care about it. And it's just understanding.
Speaker 3: As somebody who wanted to avoid money a lot, it's
Speaker 3: just becoming more familiar with it. And I think too,
Speaker 3: because I know my money in that you know, I
Speaker 3: know how much I pay for rent, I know how
Speaker 3: much I pay for bills, I know how much it
Speaker 3: costs me to exist. Because I know that number, it
Speaker 3: means that when I'm looking to buy something new, I'm
Speaker 3: already thinking about is this more expensive than last time?
Speaker 3: How can I get this cheap out? What can I do?
Speaker 3: And so then everything else flows on from there, So
Speaker 3: the comparative shopping, the shop backs, the points, hacking, like
Speaker 3: the everything that.
Speaker 2: Leads you to be clear. Like I always had in
Speaker 2: my head that you know, when I'm out of debt,
Speaker 2: I won't have to you know, shop on Facebook, Marketplace,
Speaker 2: or when I'm out of debt, and I have money,
Speaker 2: I won't have to always look for things on sale,
Speaker 2: and like I remember just like telling myself this narrative
Speaker 2: of like, you know, when I'm in a better financial position,
Speaker 2: this is what my life will look like, my queen,
Speaker 2: I'm not paying full price? Still, Have I got the
Speaker 2: money in the bank at the moment, Yes, And I'm
Speaker 2: so grateful I do. And that's actually where I would
Speaker 2: like it to stay. I am not paying full price
Speaker 2: if I don't have to. Like it's now instead of
Speaker 2: being something I have to do, it's something I get
Speaker 2: to do. And it's like a game. It just got better, I.
Speaker 3: Think because I know it, and because I'm a crossee.
Speaker 3: It's knowing what all the dollars. And I think one
Speaker 3: of the things that stuck with me from listening to
Speaker 3: the podcast when I was starting to get on top
Speaker 3: of my money, it was the whole giving every dollar
Speaker 3: a job, because it felt really scary, firstly to spend money,
Speaker 3: but also saving money. I was like, what's it for?
Speaker 3: I don't know, And so when it was for a
Speaker 3: house it made sense. When now it's when it's for investing,
Speaker 3: it makes sense. Even now when I'm hesitant to spend
Speaker 3: I'm a buckets person. I have my bucket and that's
Speaker 3: the job of the dollars. So when I have to
Speaker 3: spend for something, you know might all have been wondering around.
Speaker 3: Here is my greatest liability. So when it's time to
Speaker 3: buy him things, he has his little college fund and
Speaker 3: that's what the money is for. So it feels okay
Speaker 3: to spend that. Yeah, we call it the college fund.
Speaker 3: I'm obsess So that's been really helpful and knowing that
Speaker 3: as well. The other thing I think that is actually
Speaker 3: really really helpful is that my partner and I have
Speaker 3: very separate finances, Like we don't grocery shop together. Everything
Speaker 3: is sep Yeah.
Speaker 2: And you live together. Yes, how do you not grocery
Speaker 2: shop together if you live together? Like, who's buying the
Speaker 2: olive oil?
Speaker 3: Well, I've lucked out because he's been doing it lately.
Speaker 3: That is a money win for me.
Speaker 2: That's the biggest money we ever.
Speaker 3: Yeah, we don't cook together. We kind of share food,
Speaker 3: but not really. And it's actually really nice because one
Speaker 3: we have different like dietary preferences. Two, it's one lesson
Speaker 3: to worry about in your day. You don't have to
Speaker 3: check in with someone or go you're home for dinner,
Speaker 3: so I make leftovers. What I do, what I have
Speaker 3: to take care of. And I think that already is
Speaker 3: a money win because it means that we don't get
Speaker 3: into the habit of going, well, I can't be bother cooking,
Speaker 3: but it's my turn, so I'm going to buy something.
Speaker 3: And it means that we go halves on takeaway when
Speaker 3: we do want takeaway. And it means that if I'm
Speaker 3: having a cheap week, I can eat Ramen three days
Speaker 3: in a row and no one's going to tell me off.
Speaker 2: So it's really I'm really happy for you, really nice.
Speaker 3: Never work in my household, never, But that's like, that's
Speaker 3: the beauty of our circumstance in that, you know, we work,
Speaker 3: travel a lot with separate individual people who like can
Speaker 3: make that work. We don't have kids, and so it's
Speaker 3: really nice to just I think we understand our lifestyle
Speaker 3: so much that we can optimize our money in the
Speaker 3: love it.
Speaker 2: I love it and like, yeah, when I say, oh
Speaker 2: my gosh, that would never work for me, like it's
Speaker 2: just so cool that it works for you. That's I promise,
Speaker 2: not coming from judgment. It's good. But like I feel
Speaker 2: like as time goes on, and like life changes and
Speaker 2: should you decide to change your life circumstances or like
Speaker 2: you had children, like it obviously changes again because I'm
Speaker 2: consistently thinking, Okay, what's for dinner? And I think that's
Speaker 2: why I am so obsessed with Marley Spoon, because it's
Speaker 2: taken that mental load away. But I'm also just thinking
Speaker 2: about the next meal I have to cook because I
Speaker 2: have a kid who eats food now and it needs
Speaker 2: to be or from my perspective, I want it to
Speaker 2: be purposeful. I want it to be nourishing. I don't
Speaker 2: want him to live the way I was living before
Speaker 2: I had him, which is I will just eat toast again.
Speaker 2: Like and that's not because I couldn't afford it, don't
Speaker 2: get me wrong, but I'm just such a creature of convenience,
Speaker 2: and like I get so distracted by work and so
Speaker 2: distracted by what I do that like food was never
Speaker 2: the priority. Yeah, and like even now my husband and
Speaker 2: I think it's such a win. And I think that
Speaker 2: you would like this, such a win when there's leftovers
Speaker 2: in the fridge, not for us, but oh my goodness,
Speaker 2: we can feed the leftovers to the kid. He's got
Speaker 2: a good meal, Steve and I will eat toast like
Speaker 2: we got out of jail for free. Like that's a
Speaker 2: win sometimes when we're really busy, but also like budget win,
Speaker 2: like we don't do that, Like even when we were younger,
Speaker 2: it's your night to cook. Oh, you have to go
Speaker 2: pick something up, Like we'd both be like, well, what
Speaker 2: are you feeling? What's in the fridge? Like we were
Speaker 2: happy to kind of eat whatever's there. Don't get me wrong,
Speaker 2: I love it uber eats, love it, but it was
Speaker 2: never the default. Like the default was what's quick and
Speaker 2: how do I get it cooked and done and on
Speaker 2: the table in record time?
Speaker 3: For me looking back as well, I didn't cook a
Speaker 3: lot or have very good food growing up, so it
Speaker 3: was never a priority. But what it's meant now is
Speaker 3: that because I'm the one who cooks for myself, it's like,
Speaker 3: well that's something I think I'm gonna like, I'm gonna
Speaker 3: have a go at cooking it. I cook a lot
Speaker 3: more than I used to. I'm happy to try something
Speaker 3: new and it doesn't matter because no one else Like
Speaker 3: if I'm cooking and he's around, I'll be like, hey,
Speaker 3: do you want some of this? To you want to
Speaker 3: try its? He's like yeah, he's like no, if we're
Speaker 3: doing different appetite, so trying to eat in a different
Speaker 3: way for a little while, or you know, we'll cycle
Speaker 3: through the meal boxes sometimes and he'll have leftovers from
Speaker 3: his Miley spoon and he'll be like, do you want
Speaker 3: a bit of this? No worries. So it's nice to
Speaker 3: feel like we're making our own decision in that regard too,
Speaker 3: and then being able to like enjoy the extra bits together.
Speaker 2: Oh totally. And like just talking about food still, if
Speaker 2: I want to change my diet, it's like a whole
Speaker 2: house conversation because like, well, if I don't want to
Speaker 2: eat those things for dinner, or I want to do
Speaker 2: something else. And this was really bad when I was
Speaker 2: going through a period of time where I had heaps
Speaker 2: of intolerances and my gut was really unhealthy and really unhappy,
Speaker 2: and I was like, oh, I'm cutting out gluten, which
Speaker 2: then impacted what I was cooking for my husband like that. Yeah,
Speaker 2: that's just a lot of mental energy that you don't have.
Speaker 3: Yeah, don't need it.
Speaker 2: So what are you not so good at? What is
Speaker 2: your worst money habit?
Speaker 3: My worst money habit I think it is still being
Speaker 3: hesitant to spend on things that really just just spend
Speaker 3: it and be done with it. A little bit. Yeah, Okay,
Speaker 3: it frustrates me, which I think is why it's a
Speaker 3: bad habit, because it don't make me feel good. It's
Speaker 3: not like a bad one where I'm like, I'll go
Speaker 3: to Mandey breathes, but I still feel kind of good
Speaker 3: about it a little bit. This is like a really
Speaker 3: frustrating one. So for example, you know, I had a
Speaker 3: friend come over. We were going to do a little
Speaker 3: movie day, and I was like, cool, we'll look for
Speaker 3: the film. It wasn't on a streaming platform and we
Speaker 3: could buy it on Prime. It's like five bucks. And clearly,
Speaker 3: as we've established it this money diary, I can afford
Speaker 3: five bucks. But I was like, oh, but that's like
Speaker 3: why would I do that? And how Dad and I
Speaker 3: got really frustrated about having to spend that and spoiler
Speaker 3: a lot. I should have just looked harder because it
Speaker 3: was on YouTube for free, but I had to like,
Speaker 3: it's not the point, thank you. I had to tell myself, like,
Speaker 3: this is a very normal thing to pay for. This
Speaker 3: is a very nice afternoon. You're going to have and
Speaker 3: this is not something that you need to worry about.
Speaker 3: It's five dollars and it's okay.
Speaker 2: It wasn't you in your home on your own. God,
Speaker 2: I just want to watch this movie. And then you're
Speaker 2: just like individually like buying heaps of movies. Yeah, that way,
Speaker 2: Like I get that, I really do get that. And
Speaker 2: I think that goes back to your money story, where
Speaker 2: you don't feel like that's acceptable.
Speaker 3: Actually, that's a really good point. That's a great connection.
Speaker 3: I hadn't quite gone as like full into and I
Speaker 3: think that's exactly it. It's those little things where I
Speaker 3: sometimes have the tendency to feel disappointed that I spent it,
Speaker 3: but then I look at it and I'm like, no,
Speaker 3: it's okay. This is why I think giving a dollar
Speaker 3: job helped, because it was in your budget for your
Speaker 3: entertainment for the month, it was in your budget for
Speaker 3: spending time with your friends. It was in all these
Speaker 3: things you were allowed to do that enjoy it and
Speaker 3: move on.
Speaker 2: Yeah, And I think that that's where we do sometimes
Speaker 2: need to go, Oh, this small thing, it's so annoying,
Speaker 2: like and you don't second guess it. Those small things
Speaker 2: are usually the things that are coming from your money story,
Speaker 2: because the bigger things are the things that you've actively tackled,
Speaker 2: because like you probably haven't sat down and be like, oh,
Speaker 2: the little like incidental things are the things that are
Speaker 2: actually getting me wound up the most? Where's that coming from?
Speaker 2: What's going on? And like too many times I've seen
Speaker 2: it come back and people say exactly that, And then
Speaker 2: I go, hey, when you're growing up and you didn't
Speaker 2: have much money, did your mum maybe yell at you
Speaker 2: because like it's not just five dollars money diarist, it
Speaker 2: adds up and they go, wow, how do you even
Speaker 2: get the tone right? And like it really does come
Speaker 2: from the little voice in your head that's probably crucifying
Speaker 2: you for something that now is so easy and not
Speaker 2: a problem, but used to be a really big problem. Yeah, definitely,
Speaker 2: I've loved this. Thank you so much. I would ask you,
Speaker 2: you know, now that we've spoken today, what grade would
Speaker 2: you give your money habits? But at the start you
Speaker 2: gave yourself an A and I just don't think we
Speaker 2: could go from there. And you really justified it well,
Speaker 2: you said, because I'm making good decisions and doing what
Speaker 2: I can, and I will still learn but like, I'm
Speaker 2: doing literally everything that I can, and I just I
Speaker 2: think that's so beautiful. What would it look like if
Speaker 2: you were an A plus today? Though?
Speaker 3: I think it would be a little bit of a
Speaker 3: clear next goal. So, like I said, I'm about to
Speaker 3: hit my investment goal, so then it's understanding what is
Speaker 3: the next one and planning for that so I don't
Speaker 3: have a little limbo in the middle where I'm like,
Speaker 3: what is this for? What's going on? I think that
Speaker 3: it would be nice to have a bit more of
Speaker 3: a plan timeline wise, and that's what I'm starting to
Speaker 3: come around to, to go, Okay, what does this look
Speaker 3: like in terms of you know, if we are talking
Speaker 3: about retirement, which is wild, what does that look like?
Speaker 3: And how do I break that down into a more
Speaker 3: manageable timeline to do that?
Speaker 2: Yeah?
Speaker 3: And what else do I want to achieve as well?
Speaker 3: Because I think that a lot of those milestones like
Speaker 3: marriaging kids and buying a house, taking a few of
Speaker 3: those off my plate is very nice and going this
Speaker 3: isn't align with the things that I want, but that
Speaker 3: also leaves space for like, well, what do I want
Speaker 3: on my plate instead?
Speaker 2: Now there are some more possibilities. Yeah, there's space on
Speaker 2: the plate for another side. Which one are we're going
Speaker 2: to pick up?
Speaker 3: Exactly?
Speaker 2: That's so exciting, money Dirist. I have loved this money
Speaker 2: story and just getting to know you, and you are
Speaker 2: clearly very vibrant, very bright, very switched on, Like I'm obsessed,
Speaker 2: and I'm just so grateful that you're in my community
Speaker 2: and that I got to chat with you and share
Speaker 2: this journey with our community, because as unrealistic as two
Speaker 2: thousand dollars a week is for so many people, like
Speaker 2: how motivating. Yeah, thank you for giving us that.
Speaker 3: Thank you for helping me get it obsessed.
Speaker 2: Oh I wish we had more time today, but thank
Speaker 2: you so much. It has been an absolute privilege.
Speaker 3: Thank you.
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Speaker 2: in nature and does not consider your individual circumstances. She's
Speaker 2: on the Money exists purely for educational purposes and should
Speaker 2: not be relied upon to make an investment or financial decision.
Speaker 2: If you do choose to buy a financial product, read
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