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Speaker 1: She's on the Money.

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Speaker 2: She's on the Money.

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Speaker 3: Hello, and welcome to She's on the Money, the podcast

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Speaker 3: Millennials who Want Financial Freedom. Welcome back to another one

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Speaker 3: of our shop back Money Diary mondays where we get

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Speaker 3: to chat to one of our beautiful community members all

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Speaker 3: about their money story and their journey and get past.

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Speaker 4: All the juicy music questions, which.

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Speaker 3: You know we love to see it. So b this

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Speaker 3: week's diarist, you actually know a little bit more than

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Speaker 3: me because you've been sliding into her dms.

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Speaker 1: Right.

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Speaker 4: I feel like I've taken your job a little bit,

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Speaker 4: because usually it's just who goes through the inbox and

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Speaker 4: finds an email and a money Diary submission and says, Bee,

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Speaker 4: you don't know what you're going to get into. But

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Speaker 4: this week I've just been lining our own diaries up

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Speaker 4: by getting my dms, and people message me and I'm like,

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Speaker 4: you sound like you have a six story. Let's talk.

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Speaker 4: And that's what happened with this week's diarist, who is

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Speaker 4: Oady on the line. Hello, Money Diarist, how are you?

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Speaker 1: Hello? Hello, ladies, I'm good, happy to be here.

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Speaker 4: We are so excited to be doing this diary with you.

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Speaker 4: And when I say we are so excited. I mean,

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Speaker 4: Jess and I because before this recording, I was like, yes,

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Speaker 4: you're going to love this one. And I read out

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Speaker 4: the long ass message that you sent me, being like, look,

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Speaker 4: I've done all this cool stuff. I've gotten out of debt.

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Speaker 4: I've lived in five different countries, all before the age

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Speaker 4: of twenty eight, and then you were in a whole

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Speaker 4: hYP of consumer debt. You got out of debt, and

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Speaker 4: you are now absolutely flying. I don't want to ruin

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Speaker 4: this story too much by giving away all the juicy stuff,

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Speaker 4: but I was just like, we need to get you

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Speaker 4: on the show. You have this epic story and this

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Speaker 4: epic journey that I think a lot of us can

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Speaker 4: relate to the mindset that you were experience and seeing,

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Speaker 4: and you did touch on things like guilt and feeling

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Speaker 4: a little bit ashamed of you know, what you were

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Speaker 4: going through, and I just think that no one should

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Speaker 4: feel like that. So, without further ado, would you like

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Speaker 4: to jump into the first question of the show money dires?

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Speaker 1: Yes, I am ready throw them at me. Huh.

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Speaker 4: We excited?

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Speaker 1: All right?

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Speaker 4: So first question is can you tell us a little

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Speaker 4: bit about your money story?

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Speaker 1: Yes? So, growing up I probably have quite a unique

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Speaker 1: money story, I spose. So my mom was an immigrant.

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Speaker 1: That's probably not the unique aspect of my money story here.

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Speaker 1: But my mom was the breed winner and I had

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Speaker 1: to stay at home dead or my life, which was amazing.

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Speaker 1: We have a really good relationship. So my mum always

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Speaker 1: had quite a good job, but I always remember money

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Speaker 1: being really tight, and I just remember from a very

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Speaker 1: young age there was always stress around any sort of

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Speaker 1: money conversation, any sort of financial decision. And so my

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Speaker 1: mom's parents were actually diplomats, so she had come from Yeah,

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Speaker 1: so she had come from quite you know, like a

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Speaker 1: privileged background, I suppose, and she always had financial resources

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Speaker 1: available to her. But the kind of person she is,

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Speaker 1: she's just quite proud and never really asked for help

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Speaker 1: from her family or anything like that. So yeah, she

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Speaker 1: chose to sort of run the family unit of her

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Speaker 1: own financial backing, which wasn't great at the beginning. I

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Speaker 1: remember she went to UNI while she was pregnant, had me,

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Speaker 1: got her first job, brought her first house, so on

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Speaker 1: and so forth. So yeah, my mum was very independent,

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Speaker 1: didn't ask for any help. So what that meant for

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Speaker 1: us is that there was always like a sense of

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Speaker 1: pressure around money. My dad never really worked, like he

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Speaker 1: did odd jobs, but primarily he took care of us.

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Speaker 1: And yeah, so I just remember always being stressed a

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Speaker 1: little bit. And I remember being a teen and like

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Speaker 1: my mum would announce to the family that she'd be

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Speaker 1: putting us on really aggressive budgets, and I just remember

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Speaker 1: those periods being like quite uncomfortable and going with and

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Speaker 1: you know, when you're a teenager and you go to school.

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Speaker 1: I went to like maybe quite a nice high school

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Speaker 1: compared to the suburb I was living in. So I

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Speaker 1: lived in quite a low socioeconomic suburb, and I used

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Speaker 1: to travel quite some distance to get to this nice school.

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Speaker 1: And I just remember like all the girls around me

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Speaker 1: had so much and they had access to so much,

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Speaker 1: and parents would sort of give them money all the time,

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Speaker 1: and it wasn't really, you know, a thing. And I

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Speaker 1: remember like going to school balls and their parents would

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Speaker 1: dash out like one thousand dollars and it was just

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Speaker 1: like not even a thing, you know, But that wasn't

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Speaker 1: the case for me. So yeah, I just remember as

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Speaker 1: a team, just you really wanting to keep up with

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Speaker 1: the girls around me, and also not wanting to really

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Speaker 1: be outed for not having as much money as my peers,

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Speaker 1: which kind of feels a bit silly. But you know,

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Speaker 1: when you're a self conscious young girl and you see,

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Speaker 1: you know, you're around all these people that are more

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Speaker 1: privileged than you are, it's hard to not feel like that.

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Speaker 3: I suppose I feel like it's such a universal experience

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Speaker 3: as a teen to feel like you're always on the

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Speaker 3: out anyway, like I think we can probably all relate

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Speaker 3: to that, and then to have that really heightened by

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Speaker 3: your sense of your financial situation. I guess in one way,

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Speaker 3: it's really great that your mum was open with you

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Speaker 3: and brought you up understanding what that meant. But it

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Speaker 3: absolutely would have been so hard when you're already so

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Speaker 3: self conscious as a team of trying to fit in

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Speaker 3: and you know, be like everyone else and not stand out,

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Speaker 3: to have that pressure of them being like, oh but

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Speaker 3: I'm different because like we can't afford what they can afford.

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Speaker 3: That would be so hard.

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Speaker 1: Yeah, And I think what it did like quite formative

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Speaker 1: age as sort of give me that mindset that like,

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Speaker 1: budgets are bad and they're hard and they're uncomfortable, and

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Speaker 1: because I never, like, you know, obviously I was never

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Speaker 1: really fully aware of my mum's financial circumstances around whatever.

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Speaker 1: I was just like, so we went on this budget

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Speaker 1: and it was really uncomfortable, and what was the outcome?

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Speaker 1: You know? And I just remember thinking that even into

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Speaker 1: my twenties, like just sort of thinking, why did you

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Speaker 1: do that? You're not more good free, like you know,

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Speaker 1: like it was just yeah. So I think for a

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Speaker 1: long time and even now, whenever I hear the word budget,

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Speaker 1: I'm like, oh God, not that, not that thing, you know.

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Speaker 4: Yeah, because your experience is that there was no fruit

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Speaker 4: from the labor. Yeah, you went through this really challenging

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Speaker 4: time and it wasn't all that great.

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Speaker 1: And it's not like.

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Speaker 4: You came out the other side and got this you know,

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Speaker 4: epic holiday because you guys had gone on a budget

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Speaker 4: and you know, saved for that period of time. You

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Speaker 4: just got the restriction and then you're like, well, this sucks.

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Speaker 4: This is a pub no wonder you cringe a little

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Speaker 4: bit when you hear the word budget. I would too.

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Speaker 1: Yeah, so I'm still still working on that reaction, but yeah, otherwise, Yeah,

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Speaker 1: so I guess, yeah, that's probably like the start of

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Speaker 1: my money story, I suppose, Yeah, I.

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Speaker 4: Love that, and I feel like that's something a lot

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Speaker 4: of us can relate to. I went to a private

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Speaker 4: Catholic school, and so there was a lot of diversity

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Speaker 4: when it came to incomes when I was growing up,

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Speaker 4: and there's absolutely no way that my family could have afforded,

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Speaker 4: you know, a thousand dollars either, Like you know, we

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Speaker 4: did our debutant balls and stuff, and I remember I

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Speaker 4: made my dress with my mum because like, there was

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Speaker 4: no way I could afford to do you know, one

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Speaker 4: of the fancy dresses that some of the girls did.

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Speaker 4: I remember them like literally going to bridal boutiques and

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Speaker 4: picking out dresses and me going, what like this is ridiculous,

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Speaker 4: And you know, I'm down at Payless shoes being like, oh,

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Speaker 4: like these are really cute, Mum, I want these, and

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Speaker 4: a couple of the girls talking about design is shoes

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Speaker 4: for a debutante ball in grade eleven. I was like, yeah, oh,

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Speaker 4: like that was I guess for me the start of

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Speaker 4: the contrast. And then even when it came to cars,

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Speaker 4: like at eighteen, you get your license and I was

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Speaker 4: just borrowing my mum's car occasionally, and you know, just

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Speaker 4: grateful that I could drive. A couple of the girls

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Speaker 4: at school we get in W's for their eighteenth birthdays,

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Speaker 4: and I'd be like, what it is?

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Speaker 3: Like?

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Speaker 1: What like that?

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Speaker 4: It makes you feel a very strange type of awkward

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Speaker 4: because you just know that it's not about you either.

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Speaker 4: It's about your parents, and it's such a deep issue

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Speaker 4: that you don't know how to have this conversation and

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Speaker 4: you kind of go, oh, there's like a little bit

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Speaker 4: of envy there. But also, I love my family. Such

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Speaker 4: a different and contrasting situation. It is a very interesting

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Speaker 4: situation having gone through it, so I can totally relate

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Speaker 4: to that money Darrist next question, it's the pervy stuff. Yeah,

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Speaker 4: what do you do for work? How much money do

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Speaker 4: you earn?

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Speaker 1: So at the moment, I'm a consultant, and I remember

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Speaker 1: when people would say consultant, I'd be like, what to say?

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Speaker 1: Even mean? So for me personally my situation, I work

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Speaker 1: in digital marketing as a content specialist. So yeah that's me.

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Speaker 4: Well you fancy.

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Speaker 1: Look there's a lot of them in the community I've heard.

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Speaker 3: So I'm really glad you clarified what that role was

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Speaker 3: because I've heard so many people say, oh, like this

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Speaker 3: is what I do, and I'm always like.

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Speaker 1: What sounds neeric?

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Speaker 4: Yeah, yeah, are you a shoe consultant? Do you consult

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Speaker 4: in sex education? Now there's so many Oh, digital marketing,

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Speaker 4: Yeah I totally knew that.

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Speaker 1: Yeah.

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Speaker 4: How much money do you earn as a consultant in

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Speaker 4: digital marketing? Money dirests?

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Speaker 1: So I'm currently on one hundred thousand, three hundred and

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Speaker 1: sixty dollars, which is such a random amount. Plus Super, Oh.

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Speaker 4: My gosh, and Super is another ten percent, so pretty

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Speaker 4: much one hundred and ten thousand dollar package.

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Speaker 1: Oh my god, it's quite nice.

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Speaker 4: I like it sounds good to say, that sounds very

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Speaker 4: sexy and money direst let's put this in context. How

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Speaker 4: old are you?

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Speaker 1: Hi? Just turned thirty recently, so you're juste.

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Speaker 4: Hundred grand at thirty. That is a very nice position

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Speaker 4: to be in.

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Speaker 1: Yeah, it is nice. And like I'd forgotten that's Super

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Speaker 1: here and Australia is ten percent, so I was like,

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Speaker 1: oh goodness. So they're like really, it's like a nice surprise,

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Speaker 1: you know, surprise. Yeah. Yeah.

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Speaker 4: I feel like as Australians and most people listening to

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Speaker 4: this are going to be Australian, we just don't realize

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Speaker 4: how lucky we are to have such a structure in

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Speaker 4: place to help us with our financial futures, which is

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Speaker 4: why I'm always jumping up and down and like, care

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Speaker 4: more about Super. It does so much. It's ten percent

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Speaker 4: of your income and most of us aren't even saving

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Speaker 4: ten percent of our incomes, let alone investing it. And

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Speaker 4: that's what you're doing inside Super. So it's about time

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Speaker 4: we cared about it.

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Speaker 1: Yeah, it's so good. So I remember I was on

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Speaker 1: a similar and come in New Zealand, so I was

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Speaker 1: one hundred thousand, and like I used to have to

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Speaker 1: I guess salary sacrifice, so you know, like I nominate

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Speaker 1: a sooner percentage of my income that comes out of

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Speaker 1: my pocket, and it's just about like and then you

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Speaker 1: come here and they give it to you. Love it.

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Speaker 4: It's so different here in that it's automated. But I

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Speaker 4: think if it was reverse engineered and the money went

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Speaker 4: into your bank account and then it was your responsibility

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Speaker 4: to invest it, it would feel very different. I feel like

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Speaker 4: a lot of people would take a lot more interest

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Speaker 4: in the money because it's been through their hands, whereas

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Speaker 4: because it feels like it hasn't been through our hands.

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Speaker 4: It feels like it's not ours, even though it absolutely is,

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Speaker 4: it's just gone in a different direction from the beginning. Yeah,

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Speaker 4: So money, diarist, I want to know what are your

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Speaker 4: big money goals?

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Speaker 1: So probably the biggest in the sense of time, I

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Speaker 1: suppose as a new goal. So because my partner and

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Speaker 1: I have recently relocated to Brisbane and we have walked

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Speaker 1: out of a very hectic housing market in Wellington, we

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Speaker 1: are seeing that home ownership might be something that is

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Speaker 1: now within our reach again, which is something that we

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Speaker 1: almost had written off. So yeah, so this is a

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Speaker 1: new goal for us, which is very exciting. So yeah,

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Speaker 1: that's probably our biggest one for the time being.

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Speaker 4: I love that. Is that really exciting? Like I can

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Speaker 4: see your face. You're kind of like that's back on

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Speaker 4: the table, and I feel like I'm really excited.

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Speaker 1: I am excited because I had just like made peace

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Speaker 1: with that not being a possibility for me because of

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Speaker 1: you know, like the way that I chose to spend

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Speaker 1: my twenties and the time that it was out of

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Speaker 1: an out of key we saver. In all of that,

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Speaker 1: I was like, oh my god, I'm so far behind.

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Speaker 1: I'm going to have to look into building up an

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Speaker 1: investment portfolio, you know, like that was sort of the

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Speaker 1: direction that I was going because like the podcast told

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Speaker 1: me that that was okay. So I was like, yeah, cool,

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Speaker 1: that's that's okay. Yeah, but yeah, no, it turns out that, yeah,

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Speaker 1: because we've moved and our situation is a bit different

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Speaker 1: and I'm consumer dep free. Yeah, home ownership is now

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Speaker 1: back on the table. So that's really exciting.

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Speaker 4: I love that for you. Next question, do you have

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Speaker 4: any investments?

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Speaker 1: Look, so yes. So I started with Charsias a couple

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Speaker 1: of years ago, maybe in twenty twenty.

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Speaker 4: So we're able to access it before us because you're

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Speaker 4: across the ditch.

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Speaker 1: Oh my god. Their officers literally light around the corner

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Speaker 1: from my apartment, like very local.

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Speaker 2: Hi.

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Speaker 1: Yeah. Well yeah, So I started with the chars E's

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Speaker 1: and because we got it before it was on cheese

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Speaker 1: on the money, I was a little bit tentative, you know.

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Speaker 1: I was a bit like, oh, I don't know how

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Speaker 1: much I can afford. I don't know about this. I

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Speaker 1: don't know they have a lot of confidence in a

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Speaker 1: platform like this. But yeah, so I did sort of

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Speaker 1: dabble in there a little bit in twenty twenty, but

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Speaker 1: because I was still really focused on paying down my

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Speaker 1: personal DIBt. You know, I've just kind of gone in

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Speaker 1: and out and I haven't really made a lot of

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Speaker 1: progress on that. But that's something that I'm looking to

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Speaker 1: kick starting in this year.

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Speaker 4: I love that. Are you saying that you trust it

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Speaker 4: more because she's on the money loves Cherseys?

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Speaker 1: Yeah, I think that is what I'm saying. That is

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Speaker 1: what I'm saying.

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Speaker 4: Before you heard it on She's on the Money, you

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Speaker 4: were at brands, well, I want I promise no.

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Speaker 1: So I was a lot of apprehensive because I heard

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Speaker 1: about it from my partner, and my partner's like big

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Speaker 1: risk taker loves like, oh, you don't know, and he's

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Speaker 1: like you should do this. I'm like, I don't know,

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Speaker 1: Like I just don't know, you know. And then I'm

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Speaker 1: also someone that can't. I have a hard time focusing

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Speaker 1: on more than one money goal, Like I really just

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Speaker 1: need to go down and like this is my priority

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Speaker 1: and then I can think about this. So, yeah, that's hard.

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Speaker 4: That's so exciting. I'm excited to hear what you do

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Speaker 4: with your investments for the rest of twenty twenty two though.

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Speaker 4: That's super fun.

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Speaker 1: Things On top of that day also obviously, can we

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Speaker 1: say that? And then, oh my god, don't cry. But

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Speaker 1: I've also got I think maybe unconsolidated, three unconsolidated super accounts,

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Speaker 1: can you deal? So that's probably a big party.

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Speaker 4: So excited about super You're so excited you have three accounts,

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Speaker 4: That's what I'm going to take this as.

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Speaker 1: Yeah, well no, but okay, do you know what the

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Speaker 1: ATO doesn't make it. They're easy to consolidate things.

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Speaker 4: We'll take this conversation offline. I will help you, I

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Speaker 4: will help you money, dires, I get you. But they

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Speaker 4: actually do make it easy nowadays because once you log

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Speaker 4: in and you've got all your membership numbers on your

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Speaker 4: ATO portal, you should be able to nominate one account

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Speaker 4: to roll all of your money from other accounts into. However,

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Speaker 4: the hard thing is actually working out which super account

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Speaker 4: to pick as your like be all end all super account.

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Speaker 4: And the other thing you really need to take into

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Speaker 4: consideration before you do that is do any of your

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Speaker 4: super accounts have insurances on them? Because if they do,

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Speaker 4: those insurances, from my perserspective, are gold. And the reason

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Speaker 4: those insurances are gold is because they won't have any

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Speaker 4: exclusions on them. And exclusions are not what we want

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Speaker 4: when it comes to insurance. But more often than not

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Speaker 4: in the current environment in the insurance world, they like

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Speaker 4: to hand out exclusions like it's candy to children, and

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Speaker 4: we don't want that on our insurance because it makes

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Speaker 4: us less probable to be able to claim. So check

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Speaker 4: out your insurance, then check out your superannuation account and

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Speaker 4: work out what one you want to do. The money arrest,

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Speaker 4: I'll help you out. I got you. It's all right,

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Speaker 4: we'll work it out and then that can be a

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Speaker 4: money whin of yours. This okay, cool?

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Speaker 1: All right?

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Speaker 4: Next question, So, money darist, do you have any debts?

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Speaker 1: Look? No, but I do have a pretty hictic story

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Speaker 1: of having been in dib.

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Speaker 4: Oh my gosh, and I can't wait to ask you that.

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Speaker 4: We'll get through the rest of the structured questions first

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Speaker 4: and get into that after the break. But next structured question,

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Speaker 4: money diarist, do you shot back?

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Speaker 1: Okay, no, because it's actually not available in New Zealand. Li,

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Speaker 1: I just got here, but I cannot wait. There's like

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Speaker 1: there's that's like a reason three hundred and forty five

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Speaker 1: to like move to Australia. You shot back?

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Speaker 4: Shot backs there?

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Speaker 1: Yeah, shot back is here Soper shot back the list.

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Speaker 4: Oh my gosh, all the things that you can use.

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Speaker 4: Australia is just like a money win, an island of

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Speaker 4: a money win. Actually it has hun I love it.

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Speaker 4: I mean probably a little bit audacious, but we'll go

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Speaker 4: with it. And of course when you sign up, you're

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Speaker 4: gonna use the code SotM to get free money in

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Speaker 4: your account, right yeah, yeah, of course, because that's even

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Speaker 4: more money win. Speaking of money wins, money Diarist, what

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Speaker 4: is your best money habit?

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Speaker 1: Look, I think I've picked up a few along the way,

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Speaker 1: but I think one of my good money habits is

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Speaker 1: that I always sleep on a purchase. So I always

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Speaker 1: put separation between me and like a significant buy or

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Speaker 1: even that significant important purchase. But like you know, if

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Speaker 1: I know that something is going to be quite expensive

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Speaker 1: or upcoming, yeah, I'll yeah, I always put distance between

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Speaker 1: me and buying the thing.

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Speaker 4: Do you think that that kind of puts you in

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Speaker 4: a position where you really think about it in a

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Speaker 4: way that you're like, you know what, I don't need

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Speaker 4: that anymore? Like do you often find yourself not making

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Speaker 4: purchases because of that timing? Or do you find that

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Speaker 4: you just really reiterate to yourself that you do want

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Speaker 4: that thing.

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Speaker 1: Yeah, there are definitely times where I'm like, I actually

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Speaker 1: don't need this because I'm not gonna wear it. I'm

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Speaker 1: not gonna wear that within you know, in three months,

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Speaker 1: because it's seasonally not not you know, not right now.

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Speaker 4: No, it's hard because sometimes I see stuff and I'm like,

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Speaker 4: I really want that, but I can also see me

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Speaker 4: wearing that once.

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Speaker 1: Yeah, yes, and yes. And actually now when I buy things,

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Speaker 1: I always think about whether or not I can wear

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Speaker 1: it with three other items in my wardrobe. I think

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Speaker 1: this is from something like a movie. Maybe I don't know,

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Speaker 1: but now I'm like, oh my god.

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Speaker 4: Is it maybe from the podcast we did on fast Fashion.

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Speaker 1: Oh look, there you go, there you go. You're supervasive.

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Speaker 4: I mean, it's probably not an original idea. I'd love

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Speaker 4: to think that we are that smart that we create

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Speaker 4: these really great original ideas. Like, guys, guess what we've

385
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Speaker 4: come up with. It's called investing. And no, we're not

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Speaker 4: reinventing the wheel, but we definitely have discussed it because

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Speaker 4: it's a very good money tip. But on the flip

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Speaker 4: side of money tips, there are the things we do

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Speaker 4: with money that are maybe not so good. So wrest,

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Speaker 4: what are your worst money habits?

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Speaker 1: My worst money have its? Okay, so I am and

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Speaker 1: actually I used to be way worse. I'm still quite bad,

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Speaker 1: but not as bad as I was. I out of

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Speaker 1: my savings.

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Speaker 4: Oh, I've only just remembered what you're bad when.

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Speaker 1: I take it.

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Speaker 4: Oh my god, yeah, Phil, please Bill.

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Speaker 1: Look, I I am always quite ambitious at the beginning

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Speaker 1: of the pace cycle, you know, like I used to

400
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Speaker 1: get paid fortnightly and I'd get the slump of mouth

401
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Speaker 1: and I'd be like, Okay, this is going to savings.

402
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Speaker 1: And then something will happen or like not even something

403
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Speaker 1: will happen, a feeling will strike me, or an event

404
00:19:09,359 --> 00:19:11,920
Speaker 1: or something that I've known about. The ages will come up,

405
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Speaker 1: but I haven't appropriately budgeted, and so I'm like, oh

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Speaker 1: my god, I need to use my savings. And then

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Speaker 1: I use my savings.

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Speaker 4: Yeah, I feel like that's really relatable as well.

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Speaker 1: Yeah, working on it, but not the worst, not the worst.

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Speaker 4: Yeah, money jaris last question before we go to a

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Speaker 4: quick break is what grade would you give your money

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Speaker 4: habits if we forced you to give them a grade?

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Speaker 1: Okay, the person I am today, but the money have

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Speaker 1: it grade, I would say, yeah, maybe B.

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Speaker 4: Plus I recog that it's pretty good.

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Speaker 1: Yeah, Like I don't like when I really like look

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Speaker 1: back on myself and reflect about my behavior with money,

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Speaker 1: Like I don't have a spending problem. I've never had

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Speaker 1: a spending problem really, and I definitely don't have one now.

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Speaker 1: I don't. Yeah, I don't. I don't really find money

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Speaker 1: as treaceful used to. And I feel like I have

422
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Speaker 1: so much awareness around the money that I'm earning any

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Speaker 1: money that I, oh my, oh, you know whatever. I think.

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Speaker 1: I know every dollar is like and I definitely didn't

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Speaker 1: have debt before, you know.

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Speaker 4: All right, Well, I know you have a pretty wild

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Speaker 4: story when it comes to debt, and I can't wait

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Speaker 4: to get into it right after this break. All right,

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Speaker 4: so we are back. You mentioned before that you had

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Speaker 4: a pretty hectic debt story. What do you reckon? We

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Speaker 4: start talking about it?

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Speaker 1: Okay, So right now I don't have any ch.

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Speaker 4: Yeah, you messaged me and that's how our conversation started.

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Speaker 4: You are completely debt free personally.

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Speaker 1: Right, yes, And I have been since August twenty twenty,

436
00:20:41,720 --> 00:20:44,040
Speaker 1: which is very exciting, and the pandemic made that quite easy.

437
00:20:44,080 --> 00:20:48,679
Speaker 1: Eatina start that. Thanks over that over, I get the

438
00:20:48,720 --> 00:20:53,320
Speaker 1: silver ligning. But I used to have a lot.

439
00:20:53,600 --> 00:20:55,960
Speaker 4: If you're willing to share it, how much debt did

440
00:20:56,000 --> 00:20:56,440
Speaker 4: you have?

441
00:20:56,840 --> 00:21:01,439
Speaker 1: Okay? So and total it probably wasn't ever more at

442
00:21:01,480 --> 00:21:04,119
Speaker 1: any time more than fifteen thousand dollars, But it was

443
00:21:04,160 --> 00:21:09,880
Speaker 1: more the circumstances and like the international considerations around managing

444
00:21:10,000 --> 00:21:13,320
Speaker 1: that did and what and you know, like the mess

445
00:21:13,320 --> 00:21:17,320
Speaker 1: it became trying to move money from different accounts in

446
00:21:17,359 --> 00:21:21,560
Speaker 1: different currencies with different sort of red tape around banks

447
00:21:21,560 --> 00:21:24,640
Speaker 1: and stuff. So yeah, as we touched on at the beginning,

448
00:21:24,800 --> 00:21:28,879
Speaker 1: I made about seven international moves, which includes moves back home,

449
00:21:29,000 --> 00:21:32,280
Speaker 1: across a timeline of about eight years, which is significant.

450
00:21:32,680 --> 00:21:35,600
Speaker 1: So you know, the people say that moving is like

451
00:21:35,680 --> 00:21:39,119
Speaker 1: the most stressful thing you can you know, you carry

452
00:21:39,119 --> 00:21:40,440
Speaker 1: out what are the most you know, one of the

453
00:21:40,440 --> 00:21:42,840
Speaker 1: biggest stresses, and that certainly was the case for me.

454
00:21:43,040 --> 00:21:45,520
Speaker 1: So when I think about like the personal debt that

455
00:21:45,560 --> 00:21:48,760
Speaker 1: I got into, I for a long time thought, oh

456
00:21:48,840 --> 00:21:51,240
Speaker 1: my god, it's because I'm irresponsible and I just made

457
00:21:51,400 --> 00:21:54,199
Speaker 1: a thousand bad decisions. But as I was sort of

458
00:21:54,200 --> 00:21:57,680
Speaker 1: mapping this out in preparation, I realized that actually there's

459
00:21:57,720 --> 00:22:00,800
Speaker 1: a lot of nuance to this, and I, you know,

460
00:22:01,240 --> 00:22:05,720
Speaker 1: a few real genuine money emergencies. So when I finished UNI,

461
00:22:05,880 --> 00:22:09,920
Speaker 1: I moved to South Korea right away in twenty thirteen,

462
00:22:10,160 --> 00:22:14,800
Speaker 1: and I earned quite good money. I'm doing that teaching English,

463
00:22:14,840 --> 00:22:18,080
Speaker 1: which isn't bad, but it sort of set me up

464
00:22:18,080 --> 00:22:20,439
Speaker 1: for a lifestyle that I was not going to be

465
00:22:20,480 --> 00:22:23,199
Speaker 1: able to afford in every single economy. So this is

466
00:22:23,200 --> 00:22:25,600
Speaker 1: why I'm just sort of laying that out. Then in

467
00:22:25,680 --> 00:22:28,640
Speaker 1: twenty fourteen, I moved back home. My finances were good,

468
00:22:28,760 --> 00:22:31,720
Speaker 1: and I quickly realized that as a graduate, my earning

469
00:22:31,760 --> 00:22:34,000
Speaker 1: potential is not going to give me the same lifestyle

470
00:22:34,000 --> 00:22:36,479
Speaker 1: that I was able to have in Asia. So with

471
00:22:36,560 --> 00:22:39,040
Speaker 1: that in mind, I was just kind of like, oh

472
00:22:39,040 --> 00:22:42,920
Speaker 1: my god, there's no way I'm gonna enjoy this forty

473
00:22:42,920 --> 00:22:44,960
Speaker 1: thousand dollars salary as a graduate. I'm my god, can

474
00:22:45,000 --> 00:22:47,959
Speaker 1: you deal with the entitlement anyway? I was like, I

475
00:22:48,000 --> 00:22:51,160
Speaker 1: can't take this. I was like, I have lived a life,

476
00:22:51,240 --> 00:22:53,560
Speaker 1: you know, I have been in career, living my life

477
00:22:53,640 --> 00:22:55,720
Speaker 1: like doing these things, but I kin't of ford that

478
00:22:55,840 --> 00:22:57,800
Speaker 1: in New Zealand on forty thousand dollars.

479
00:22:57,920 --> 00:23:01,000
Speaker 4: So I love that you're like, oh titlement, as if

480
00:23:01,000 --> 00:23:03,280
Speaker 4: you're looking back on past, you like, who was she?

481
00:23:03,480 --> 00:23:05,880
Speaker 1: I don't know who she is. I don't know who

482
00:23:05,960 --> 00:23:06,800
Speaker 1: she is.

483
00:23:07,480 --> 00:23:08,800
Speaker 4: Who does she think us?

484
00:23:08,800 --> 00:23:12,399
Speaker 1: Exactly? So I finished my post grade and then at

485
00:23:12,440 --> 00:23:15,080
Speaker 1: the start of twenty fifteen, I moved to China again,

486
00:23:15,440 --> 00:23:18,600
Speaker 1: initially to teach English. And so I am going to

487
00:23:18,600 --> 00:23:20,760
Speaker 1: talk about my income a little bit here. So when

488
00:23:20,800 --> 00:23:22,400
Speaker 1: I moved to China, I was on quite a good

489
00:23:22,400 --> 00:23:26,720
Speaker 1: salary so for my age and how far my money

490
00:23:26,760 --> 00:23:28,960
Speaker 1: could go in their market. So I would be paid

491
00:23:28,960 --> 00:23:33,920
Speaker 1: monthly about three thousand, three hundred and seventy Australian dollars.

492
00:23:34,080 --> 00:23:37,040
Speaker 1: And when you're twenty three and in China, when you

493
00:23:37,119 --> 00:23:39,479
Speaker 1: can live lean like, there is a lot of money.

494
00:23:40,200 --> 00:23:42,240
Speaker 1: So on top of that, I also made, you know,

495
00:23:42,400 --> 00:23:44,800
Speaker 1: nearly three hundred dollars an extra month tutoring when my

496
00:23:44,840 --> 00:23:48,120
Speaker 1: rent was only three hundred dollars. Then I did yeah,

497
00:23:48,160 --> 00:23:50,240
Speaker 1: And then I did like a summer intenserve that paid

498
00:23:50,240 --> 00:23:52,280
Speaker 1: about two and a half thousand dollars because over the

499
00:23:52,320 --> 00:23:55,040
Speaker 1: summer you don't get regular work, so you're not paid regularly.

500
00:23:55,119 --> 00:23:57,720
Speaker 1: So I was like making a lot of money for

501
00:23:57,920 --> 00:23:59,800
Speaker 1: this time. I was saving I was sending money back

502
00:23:59,800 --> 00:24:02,359
Speaker 1: home home, but again it set me up for a

503
00:24:02,359 --> 00:24:04,600
Speaker 1: lifestyle that was not going to be able to afford

504
00:24:04,720 --> 00:24:06,200
Speaker 1: really as I moved on.

505
00:24:08,280 --> 00:24:12,679
Speaker 3: Not three hundred dollars a month here, maybe.

506
00:24:12,440 --> 00:24:15,200
Speaker 4: A week, maybe a week exactly.

507
00:24:15,640 --> 00:24:18,760
Speaker 1: So anyway, so that was the sort of lay of

508
00:24:18,760 --> 00:24:20,919
Speaker 1: the land for the first six months, and nar I

509
00:24:21,280 --> 00:24:24,359
Speaker 1: finished teaching at the end of twenty fifteen because I

510
00:24:24,359 --> 00:24:25,919
Speaker 1: was really burnt out. It was really heat it the

511
00:24:25,920 --> 00:24:27,879
Speaker 1: conditions were bad, and I was like, look, I'm going

512
00:24:27,920 --> 00:24:32,119
Speaker 1: to go like find my career. So I ended up

513
00:24:32,160 --> 00:24:35,720
Speaker 1: finding full time marketing gig in China of all places.

514
00:24:35,800 --> 00:24:38,960
Speaker 1: It was really cool, really fun startup. However, there were

515
00:24:39,000 --> 00:24:41,440
Speaker 1: some delays and me being able to start, and so

516
00:24:41,480 --> 00:24:43,880
Speaker 1: by this time, you know, i'd finished my full time job.

517
00:24:43,960 --> 00:24:46,280
Speaker 1: I was relying fully on tutoring money, and I was

518
00:24:46,320 --> 00:24:48,919
Speaker 1: sort of down to my last coin, you know, like

519
00:24:48,960 --> 00:24:51,600
Speaker 1: I had my last thousand dollars just a few thousand

520
00:24:51,640 --> 00:24:54,040
Speaker 1: dollars hit about five thousand dollars. That was like my

521
00:24:54,040 --> 00:24:56,879
Speaker 1: my nest, you know. So anyway, there was a delay

522
00:24:56,880 --> 00:24:59,960
Speaker 1: in me starting my full time job and taking this job.

523
00:25:00,000 --> 00:25:05,000
Speaker 1: I took quite significant pay cards, so like maybe maybe,

524
00:25:05,080 --> 00:25:08,560
Speaker 1: but yeah, one thousand dollars less. And now, because I

525
00:25:08,560 --> 00:25:10,920
Speaker 1: was living in the city, my rent was double, so

526
00:25:11,320 --> 00:25:13,800
Speaker 1: I'm already like, oh my god, where's my money gone?

527
00:25:14,040 --> 00:25:18,080
Speaker 1: You know. So yeah, So by this time, this is

528
00:25:18,080 --> 00:25:21,680
Speaker 1: about twenty sixteen, and I remember quite early in my role,

529
00:25:22,000 --> 00:25:24,040
Speaker 1: I was told that I was going to have to

530
00:25:24,080 --> 00:25:28,000
Speaker 1: go on a visa run to Hong Kong, and which

531
00:25:28,040 --> 00:25:29,960
Speaker 1: took me by surprise because.

532
00:25:30,080 --> 00:25:32,680
Speaker 4: Can you tell us what a visa run is? Fancy?

533
00:25:32,960 --> 00:25:35,720
Speaker 1: Okay, So when I started my job, because I was

534
00:25:35,800 --> 00:25:40,119
Speaker 1: changing from a teaching visa, I needed to go on

535
00:25:40,160 --> 00:25:42,119
Speaker 1: a skilled migrant visa, which is what you have to

536
00:25:42,119 --> 00:25:45,199
Speaker 1: do when you're not Chinese national working in China. And

537
00:25:45,240 --> 00:25:47,080
Speaker 1: so to do this, there's like a few hopes you

538
00:25:47,080 --> 00:25:50,080
Speaker 1: have to jump through, and one of those hopes being

539
00:25:50,200 --> 00:25:52,000
Speaker 1: is that you can't change your visa while you're in

540
00:25:52,040 --> 00:25:54,240
Speaker 1: the country, so you need to go somewhere else to

541
00:25:54,280 --> 00:25:57,920
Speaker 1: do that. So anyway, yeah, so I was under the

542
00:25:57,920 --> 00:25:59,600
Speaker 1: impression that this was going to be taken care of

543
00:25:59,640 --> 00:26:01,919
Speaker 1: because my employer head a visa agent doing this for

544
00:26:02,119 --> 00:26:05,399
Speaker 1: other employees at the time. But anyway, I got a

545
00:26:05,440 --> 00:26:08,360
Speaker 1: message one Friday night while I'm out drinking and there's

546
00:26:08,480 --> 00:26:10,680
Speaker 1: it's like the Edmund guy at work and he's like, Hey,

547
00:26:10,880 --> 00:26:14,520
Speaker 1: are you going to Hong Kong tomorrow? And I was like, no, honey, why,

548
00:26:14,880 --> 00:26:16,160
Speaker 1: Like why would have you in Hong Kong.

549
00:26:17,400 --> 00:26:19,480
Speaker 4: I think you've got me mixed up with somebody else

550
00:26:19,520 --> 00:26:20,159
Speaker 4: from the office.

551
00:26:20,200 --> 00:26:21,320
Speaker 1: Thanks though, like.

552
00:26:22,040 --> 00:26:22,920
Speaker 4: That would be nice.

553
00:26:23,400 --> 00:26:26,680
Speaker 1: And then he was like, well, your visa runs out,

554
00:26:27,080 --> 00:26:28,760
Speaker 1: so you need to go to Hong Kong and you

555
00:26:28,800 --> 00:26:30,240
Speaker 1: need to do X y Z and you need to

556
00:26:30,280 --> 00:26:32,280
Speaker 1: pay for this thing and then you need to come down.

557
00:26:32,160 --> 00:26:33,920
Speaker 4: And then blah blah blah tomorrow and.

558
00:26:33,920 --> 00:26:34,880
Speaker 1: You need to do tomorrow.

559
00:26:34,960 --> 00:26:38,440
Speaker 4: So I was like, well, I was three wine drink,

560
00:26:38,880 --> 00:26:39,920
Speaker 4: Like is this serious or not?

561
00:26:40,240 --> 00:26:42,719
Speaker 1: Well, that's right. I was like three wines in it

562
00:26:42,720 --> 00:26:45,040
Speaker 1: was a hot shun high night. I was like, oh God, okay,

563
00:26:45,119 --> 00:26:46,840
Speaker 1: like I guess I'm going to Hong Kong tomorrow. You're

564
00:26:47,119 --> 00:26:49,480
Speaker 1: in Hong Kong and I was just like that, you know,

565
00:26:49,720 --> 00:26:51,280
Speaker 1: like I think a lot of young people are. I

566
00:26:51,320 --> 00:26:53,280
Speaker 1: was like, oh God, okay, like here we go. So

567
00:26:53,600 --> 00:26:57,480
Speaker 1: paid top dollar for last minute flys. Then I needed

568
00:26:57,480 --> 00:26:59,800
Speaker 1: to be on Hong in Hong Kong for like three

569
00:26:59,840 --> 00:27:02,359
Speaker 1: to five business days as the paperwork was processed, and

570
00:27:02,400 --> 00:27:04,159
Speaker 1: because I was going a weekend, I was now spending

571
00:27:04,280 --> 00:27:08,959
Speaker 1: seven days there total. Like it was a it was amassed.

572
00:27:08,960 --> 00:27:10,639
Speaker 1: So I did that and then I came back and

573
00:27:10,680 --> 00:27:12,600
Speaker 1: I was like, oh, I'm a little bit poor, but

574
00:27:12,680 --> 00:27:15,439
Speaker 1: I'm getting paid soon, so like maybe that will be okay.

575
00:27:16,200 --> 00:27:18,480
Speaker 1: And then a couple of weeks later, I had to

576
00:27:18,520 --> 00:27:21,280
Speaker 1: do another one. This time I only needed to spend

577
00:27:21,359 --> 00:27:23,080
Speaker 1: the night. Oh my god, I can't even Like when

578
00:27:23,080 --> 00:27:25,280
Speaker 1: I think about it now, I'm like, I cannot deal

579
00:27:25,440 --> 00:27:25,919
Speaker 1: do you know what.

580
00:27:26,080 --> 00:27:27,880
Speaker 4: I don't think I could have dealt with that level

581
00:27:27,880 --> 00:27:30,320
Speaker 4: of anxiety that would have thrown me. I couldn't have

582
00:27:30,359 --> 00:27:30,760
Speaker 4: done it.

583
00:27:30,960 --> 00:27:33,400
Speaker 1: And it was and look all the while I'm having

584
00:27:33,440 --> 00:27:36,000
Speaker 1: to like DHL documents to New Zealand and back get

585
00:27:36,040 --> 00:27:38,199
Speaker 1: things signed off by justices of the peace, and like

586
00:27:38,280 --> 00:27:42,480
Speaker 1: it was like this whole vicious rigamarole like mess. Anyway,

587
00:27:42,560 --> 00:27:45,880
Speaker 1: so I did a second run, came back. Then I

588
00:27:45,880 --> 00:27:50,560
Speaker 1: immediately got zick upon returning back to China. And normally

589
00:27:50,600 --> 00:27:53,200
Speaker 1: healthcare and China is not expensive if you go to

590
00:27:53,280 --> 00:27:56,080
Speaker 1: like a local Chinese outlet whatever. Yeah, but I was like,

591
00:27:56,320 --> 00:27:58,480
Speaker 1: I need to be able to communicate my symptoms in English,

592
00:27:58,560 --> 00:27:59,680
Speaker 1: and I need to know how to take care of

593
00:27:59,680 --> 00:28:01,240
Speaker 1: myself and I need to know what to do.

594
00:28:02,119 --> 00:28:04,119
Speaker 4: Pretty reasonable requests if you asked me.

595
00:28:04,320 --> 00:28:06,280
Speaker 1: Yeah, I was like, I am not doing no dungeon

596
00:28:06,960 --> 00:28:12,119
Speaker 1: examination today, you know, like I just not today, no exactly.

597
00:28:12,760 --> 00:28:16,040
Speaker 1: So I went to this hospital like really desperate whatever,

598
00:28:16,920 --> 00:28:19,119
Speaker 1: and then got stung with a bill or one thousand

599
00:28:19,160 --> 00:28:22,200
Speaker 1: dollars on thousand dollars in New Zealand. Oh do you

600
00:28:22,320 --> 00:28:24,840
Speaker 1: know what, I actually did not have one thousand dollars

601
00:28:25,000 --> 00:28:28,720
Speaker 1: because I'd been to Hong Kong twice, you know, so

602
00:28:29,400 --> 00:28:32,080
Speaker 1: that put me in quite an uncomfortable position. And I

603
00:28:32,119 --> 00:28:35,040
Speaker 1: actually borrowed money off my grandma, so my grandma paid that.

604
00:28:35,080 --> 00:28:36,400
Speaker 1: So I'm like, okay, cool, I've got a grip dit

605
00:28:36,440 --> 00:28:40,520
Speaker 1: with my grandma a thousand dollars and then maybe like yeah.

606
00:28:40,520 --> 00:28:43,080
Speaker 1: A little while after that, a few months later, they

607
00:28:43,160 --> 00:28:44,600
Speaker 1: asked me to go to Hong Kong again, and I

608
00:28:44,600 --> 00:28:48,120
Speaker 1: was like, look, if I am leaving the country, I

609
00:28:48,160 --> 00:28:51,760
Speaker 1: am not coming back because I have now spent thousands

610
00:28:51,760 --> 00:28:54,600
Speaker 1: of dollars. I have not recuperated my emergency money that

611
00:28:54,640 --> 00:28:59,560
Speaker 1: I've put towards these these visa you know, this Viza

612
00:28:59,600 --> 00:29:03,640
Speaker 1: crisis and it was so stressful because I loved being

613
00:29:03,640 --> 00:29:05,720
Speaker 1: in China. I love it to my job, you know.

614
00:29:05,760 --> 00:29:08,360
Speaker 1: And I had considered the visa my money emergency, you know.

615
00:29:08,560 --> 00:29:10,520
Speaker 1: So I like used my money and I was like, okay,

616
00:29:10,560 --> 00:29:12,920
Speaker 1: here we go, what about it? So yeah, I was

617
00:29:12,960 --> 00:29:14,960
Speaker 1: like I'm not doing this in this ur reimburse me

618
00:29:15,280 --> 00:29:18,440
Speaker 1: and then they offered me like a really like pitiful

619
00:29:18,520 --> 00:29:20,840
Speaker 1: amount back and I was like no, sorry, So lived

620
00:29:20,920 --> 00:29:22,880
Speaker 1: and panicked, moved to Sydney because that's where my sister

621
00:29:22,960 --> 00:29:26,600
Speaker 1: was at the time. So anyway, by this time, moved

622
00:29:26,640 --> 00:29:27,640
Speaker 1: to Sydney and I've got.

623
00:29:27,440 --> 00:29:30,280
Speaker 4: That and moved to Australia. Yeah, from China.

624
00:29:30,720 --> 00:29:33,680
Speaker 1: Yeah, because like direct flight ham direct Flight and my

625
00:29:33,720 --> 00:29:34,640
Speaker 1: sister was here. Sorry.

626
00:29:34,760 --> 00:29:38,440
Speaker 4: It was just like I'm out, I don't even come

627
00:29:38,480 --> 00:29:39,600
Speaker 4: from there, but we're going there.

628
00:29:39,680 --> 00:29:41,400
Speaker 1: No. Yeah, I was like, look, I'm going there. I've

629
00:29:41,400 --> 00:29:47,160
Speaker 1: got unlimited working rights st hapning. So so I came

630
00:29:47,200 --> 00:29:49,720
Speaker 1: to Sydney and I was staying for my little sister

631
00:29:49,760 --> 00:29:52,160
Speaker 1: at the time, and I got a job pretty quickly,

632
00:29:52,240 --> 00:29:54,840
Speaker 1: which was good. Then. I think it about this sixth

633
00:29:54,840 --> 00:29:56,280
Speaker 1: week I was with my sister, we had a bit

634
00:29:56,280 --> 00:30:01,160
Speaker 1: of a relationship breakdown, which was not great, not ideal

635
00:30:01,240 --> 00:30:03,160
Speaker 1: and actually very I was so sad at the time,

636
00:30:03,320 --> 00:30:06,160
Speaker 1: but left me again in quite a financially vulnerable position

637
00:30:06,400 --> 00:30:09,400
Speaker 1: because then I had to find somewhere to live. I

638
00:30:09,440 --> 00:30:12,920
Speaker 1: had to fork out bond, which is, you know, four weeks,

639
00:30:13,000 --> 00:30:14,480
Speaker 1: had to pay four weeks in advance. You know. It

640
00:30:14,520 --> 00:30:16,800
Speaker 1: was like a very expensive endeavor money that I didn't have.

641
00:30:16,920 --> 00:30:18,480
Speaker 1: I'd already sort of handed over all the money I

642
00:30:18,520 --> 00:30:20,440
Speaker 1: did help to my sister to help towards rent and

643
00:30:20,480 --> 00:30:23,600
Speaker 1: food and so on. So I had leant money from

644
00:30:23,600 --> 00:30:25,200
Speaker 1: my friend to like get me on my feet, which

645
00:30:25,240 --> 00:30:27,400
Speaker 1: was very generous and like a lifeline to me at

646
00:30:27,440 --> 00:30:29,240
Speaker 1: the time. So now I owe money to my grandma

647
00:30:29,240 --> 00:30:30,760
Speaker 1: and to a friend, and I'm like, oh my god,

648
00:30:31,160 --> 00:30:35,480
Speaker 1: Oh my god, but not like yeah, so that happened.

649
00:30:35,600 --> 00:30:39,080
Speaker 1: And then my sister was like, because you stayed with

650
00:30:39,120 --> 00:30:42,280
Speaker 1: me for six weeks, I would like you to pay

651
00:30:42,280 --> 00:30:44,480
Speaker 1: me some money towards there. I'd like you to contribute

652
00:30:44,480 --> 00:30:46,720
Speaker 1: towards your stay. And I was like, oh my god, okay,

653
00:30:46,840 --> 00:30:48,840
Speaker 1: and then she was like, I'd like you to pay

654
00:30:48,880 --> 00:30:51,240
Speaker 1: two thousand dollars your stay. Well, we won't get into

655
00:30:51,240 --> 00:30:52,880
Speaker 1: the detail of the house. She came up with this figure.

656
00:30:52,920 --> 00:30:55,040
Speaker 1: But I was like, oh my god, overwhelmed. Now, I

657
00:30:55,080 --> 00:30:57,280
Speaker 1: almost says to two thousand dollars, my grandma one thousand dollars,

658
00:30:57,320 --> 00:30:59,400
Speaker 1: my friend six hundred dollars. And I was just like.

659
00:30:59,680 --> 00:31:01,600
Speaker 4: Not prepared for that situation.

660
00:31:01,720 --> 00:31:04,360
Speaker 1: I was not prepared, and I just was so upset,

661
00:31:04,480 --> 00:31:07,760
Speaker 1: Like I loved being in Sydney, like I loved my

662
00:31:07,840 --> 00:31:10,160
Speaker 1: job that I had in Sydney. And actually the income

663
00:31:10,160 --> 00:31:11,800
Speaker 1: I was on should have been enough, you know, it

664
00:31:11,800 --> 00:31:16,480
Speaker 1: should have been comfortable. But because I was just breaking up,

665
00:31:17,200 --> 00:31:19,160
Speaker 1: like these things kept snowballing on top of me, I

666
00:31:19,240 --> 00:31:21,280
Speaker 1: was like, oh my god, I can't breathe, like I

667
00:31:21,320 --> 00:31:24,400
Speaker 1: cannot breathe, like I cannot breath. And I was really

668
00:31:24,480 --> 00:31:27,640
Speaker 1: upset that I couldn't tutor for sixty dollars an hour anymore,

669
00:31:28,040 --> 00:31:32,640
Speaker 1: like you know. So there was that, and then I

670
00:31:32,800 --> 00:31:36,160
Speaker 1: entered the cycle of payday loans because I was just like, oh.

671
00:31:36,120 --> 00:31:38,040
Speaker 4: Good, that's a good idea.

672
00:31:38,120 --> 00:31:42,800
Speaker 1: I know, hunt, I know, like these bills aren't going anywhere.

673
00:31:43,120 --> 00:31:46,040
Speaker 1: I'm barely breaking even Oh my god, oh my god,

674
00:31:46,080 --> 00:31:48,880
Speaker 1: oh my god. So yeah, into the cycle of payday

675
00:31:48,880 --> 00:31:53,480
Speaker 1: loans because they were really very easily available, and like so.

676
00:31:53,960 --> 00:31:56,320
Speaker 4: It's like they do that on purpose or something.

677
00:31:56,680 --> 00:31:59,280
Speaker 1: Yeah, and like I don't need to tell you how

678
00:31:59,360 --> 00:32:02,360
Speaker 1: much of a mess the industry aspect. I did that,

679
00:32:03,040 --> 00:32:07,160
Speaker 1: and that didn't solve the problem because the interest rates

680
00:32:07,160 --> 00:32:09,880
Speaker 1: on those are pictic. And so then a few months

681
00:32:09,960 --> 00:32:12,280
Speaker 1: later I then took out a personal loan because like

682
00:32:12,360 --> 00:32:14,520
Speaker 1: I needed to all go away, and you know, a

683
00:32:14,520 --> 00:32:17,040
Speaker 1: personal loan you can take more out? What about? So

684
00:32:17,080 --> 00:32:19,800
Speaker 1: I did that? Not a good idea. I'd also taken

685
00:32:19,840 --> 00:32:22,680
Speaker 1: out a credit card in Australia for survival. I was like,

686
00:32:22,680 --> 00:32:24,320
Speaker 1: oh my god, I need one immediately because I have

687
00:32:24,400 --> 00:32:25,880
Speaker 1: no money and I owe these people money. And so

688
00:32:25,920 --> 00:32:28,680
Speaker 1: now I've got an Australian loan, an Australian credit card.

689
00:32:28,720 --> 00:32:30,760
Speaker 1: I have money to my grandma, my sister, my friend,

690
00:32:30,800 --> 00:32:33,480
Speaker 1: and I'm just like can't deal. Everything is a mess,

691
00:32:33,520 --> 00:32:36,960
Speaker 1: and this personal loans like going to help me flatten everything.

692
00:32:37,040 --> 00:32:40,040
Speaker 1: So let's just do that. Look spoiler, it didn't.

693
00:32:40,160 --> 00:32:43,160
Speaker 4: But well, do you know what, I really do understand

694
00:32:43,160 --> 00:32:46,600
Speaker 4: that mindset, Like only can see why you would have

695
00:32:46,640 --> 00:32:50,280
Speaker 4: seen that as a very reasonable solution. And to be honest,

696
00:32:51,040 --> 00:32:52,920
Speaker 4: if you're in a position like that where you do

697
00:32:53,080 --> 00:32:55,520
Speaker 4: have a couple of high interest loans and like, you know,

698
00:32:55,640 --> 00:32:57,720
Speaker 4: you do owe money to a family that you really

699
00:32:57,720 --> 00:33:01,120
Speaker 4: don't want to be owing money to. A personal loan

700
00:33:01,200 --> 00:33:04,560
Speaker 4: can actually help you in those situations, but it sounds

701
00:33:04,600 --> 00:33:06,480
Speaker 4: like it put a bit more pressure on you.

702
00:33:06,720 --> 00:33:09,240
Speaker 1: Well, to be honest, of all the tits that I

703
00:33:09,280 --> 00:33:11,600
Speaker 1: took out, the personal loan was like, you know, it

704
00:33:11,640 --> 00:33:15,160
Speaker 1: was over a three year term. It was not like

705
00:33:15,200 --> 00:33:18,680
Speaker 1: an aggressive like payback scheme. It was you know, it

706
00:33:18,720 --> 00:33:21,440
Speaker 1: was actually manageable. But it was just like another thing

707
00:33:21,440 --> 00:33:23,160
Speaker 1: that I had against my name that I needed to

708
00:33:23,160 --> 00:33:27,640
Speaker 1: be paying money back into. So I think, you know, yeah,

709
00:33:27,760 --> 00:33:31,880
Speaker 1: so anyway, really overwhelmed, really bummed out that I just

710
00:33:31,880 --> 00:33:35,920
Speaker 1: can't earn more money or you know, I decided that

711
00:33:35,960 --> 00:33:38,280
Speaker 1: I would go to Vietnam, another obvious solution.

712
00:33:38,880 --> 00:33:41,720
Speaker 4: Clearly, I can't believe I didn't think of that. I

713
00:33:42,760 --> 00:33:44,880
Speaker 4: was like, personal loan, she's probably going to go to

714
00:33:44,920 --> 00:33:45,800
Speaker 4: Vietnam next.

715
00:33:48,520 --> 00:33:51,400
Speaker 1: So so I went to Vietnam and I was like, look,

716
00:33:51,440 --> 00:33:53,200
Speaker 1: I'm going to give myself four weeks to get a job,

717
00:33:53,200 --> 00:33:54,440
Speaker 1: and if I don't, then I'm just going to call

718
00:33:54,480 --> 00:33:56,280
Speaker 1: it in and go home. I'm going to go home,

719
00:33:58,120 --> 00:33:58,920
Speaker 1: but I got.

720
00:33:58,760 --> 00:34:04,160
Speaker 4: An I love learning about other people's mindset. I am

721
00:34:04,360 --> 00:34:08,279
Speaker 4: so conservative, I am so type A, Like there is

722
00:34:08,440 --> 00:34:11,960
Speaker 4: no way I could ever move to another country without

723
00:34:12,000 --> 00:34:14,560
Speaker 4: a solid plan that you could tell me what I

724
00:34:14,600 --> 00:34:17,080
Speaker 4: was doing pretty much every week for the next twelve months,

725
00:34:17,080 --> 00:34:19,839
Speaker 4: Like it wouldn't happen otherwise. Whereas you're like, ah, will

726
00:34:19,840 --> 00:34:21,520
Speaker 4: work it out, We'll be right, I'm like, how do

727
00:34:21,560 --> 00:34:23,879
Speaker 4: you live your life? Like I could never And it's

728
00:34:23,920 --> 00:34:26,080
Speaker 4: not a bad thing. It's just I can't tell you

729
00:34:26,160 --> 00:34:28,520
Speaker 4: how much stress that would induce, Like I would be

730
00:34:28,600 --> 00:34:30,440
Speaker 4: sick from stress if you did that to me.

731
00:34:30,960 --> 00:34:33,920
Speaker 1: Oh yeah, well I actually did get quite sick, Like

732
00:34:33,960 --> 00:34:35,680
Speaker 1: my health did take quite.

733
00:34:35,480 --> 00:34:38,040
Speaker 4: A nose dive, so I'm not surprise.

734
00:34:38,160 --> 00:34:43,120
Speaker 1: Ohh no, the inflammation, the stress, Like I'd say, I'd

735
00:34:43,120 --> 00:34:45,359
Speaker 1: go to a cupuncture and they'd be like, you need

736
00:34:45,800 --> 00:34:48,000
Speaker 1: like there is too much fire in your body. Like

737
00:34:48,000 --> 00:34:50,000
Speaker 1: they'd like talk about the imbalance and like to eat

738
00:34:50,040 --> 00:34:52,640
Speaker 1: cold food and do cold activities and like oh yeah,

739
00:34:52,680 --> 00:34:56,160
Speaker 1: so yeah. Twenty seventeen, about eight Prilin moved to Petnam.

740
00:34:56,239 --> 00:34:58,000
Speaker 1: I gave myself four weeks. I got a job a

741
00:34:58,080 --> 00:35:01,160
Speaker 1: week three, which was good and actually paid well for,

742
00:35:01,480 --> 00:35:05,200
Speaker 1: you know, considering the local market. But you know, hun,

743
00:35:05,600 --> 00:35:07,960
Speaker 1: when your income is and dong and your bills are

744
00:35:08,000 --> 00:35:12,000
Speaker 1: in dollars, there is just no way to get back,

745
00:35:13,160 --> 00:35:17,319
Speaker 1: to get off the hamster wheels. So by this time,

746
00:35:18,320 --> 00:35:20,920
Speaker 1: so I'm in Vietnam, I've been stung with a student

747
00:35:21,000 --> 00:35:24,040
Speaker 1: loan notification that my overseas repayments are due. So I'm like,

748
00:35:24,120 --> 00:35:26,840
Speaker 1: oh my gosh, oh my god, you know, hope for

749
00:35:26,920 --> 00:35:30,200
Speaker 1: good measure. I've now got my Australian credit card that

750
00:35:30,239 --> 00:35:32,239
Speaker 1: I need to be making repayments too. I'm paying off

751
00:35:32,280 --> 00:35:34,319
Speaker 1: my student loan and paying off my grammar, paying off

752
00:35:34,360 --> 00:35:37,759
Speaker 1: my sister, and oh my god, it's just a lot. Yeah.

753
00:35:37,800 --> 00:35:40,760
Speaker 1: So by this time, I've borrowed money from another briend.

754
00:35:40,800 --> 00:35:42,840
Speaker 1: Oh my god, I can't deal. But I did to

755
00:35:42,920 --> 00:35:45,359
Speaker 1: sort of sort me out, tied me over, and by

756
00:35:45,440 --> 00:35:48,319
Speaker 1: this time, I'm just like so tired of my own

757
00:35:48,400 --> 00:35:51,399
Speaker 1: situation and I'm burnt out from my job. I can't

758
00:35:51,440 --> 00:35:54,799
Speaker 1: tutor again because that's like twenty dollars an hour. It's

759
00:35:54,840 --> 00:35:57,200
Speaker 1: not going to move the needle. And I'm just like

760
00:35:57,560 --> 00:36:00,759
Speaker 1: so sad. In fact, I was said in Sydney. But

761
00:36:00,960 --> 00:36:02,759
Speaker 1: by this point, I'm just like, oh my god, this

762
00:36:02,960 --> 00:36:05,560
Speaker 1: is so overwhelming. I can't move money out of my

763
00:36:05,680 --> 00:36:09,120
Speaker 1: Vietnamese account. There is so much red tape to move

764
00:36:09,160 --> 00:36:13,240
Speaker 1: my money from here to their. Making repayments becomes so arduous,

765
00:36:13,840 --> 00:36:19,239
Speaker 1: like so hard. Yeah. So then I remember Christmas that year,

766
00:36:19,719 --> 00:36:21,880
Speaker 1: just you know, being at this buffet with all my

767
00:36:22,000 --> 00:36:25,080
Speaker 1: friends drinking. Everyone's talking about their New Year's resolutions for

768
00:36:25,200 --> 00:36:29,640
Speaker 1: twenty eighteen, and I'm just like I cannot be an

769
00:36:29,680 --> 00:36:32,560
Speaker 1: amiss like this anymore. Like I just cannot look like this,

770
00:36:33,080 --> 00:36:36,720
Speaker 1: like you know, I'm inflamed, I'm angry. Like I remember

771
00:36:36,760 --> 00:36:39,040
Speaker 1: becoming a really angry person just because I had just

772
00:36:39,080 --> 00:36:44,160
Speaker 1: had no patience. I had worn my resilience muscle out,

773
00:36:44,440 --> 00:36:46,239
Speaker 1: you know, like I just mixed it out trying to

774
00:36:46,360 --> 00:36:49,640
Speaker 1: figure all this smiss out. So yeah, at Chrismas, I

775
00:36:49,719 --> 00:36:53,240
Speaker 1: was like, Okay, tomorrow, whenever NX week is twenty eighteen,

776
00:36:53,320 --> 00:36:55,840
Speaker 1: I want to mission. I've been listening to personal development

777
00:36:55,880 --> 00:36:57,759
Speaker 1: podcasts for like a year at this time, so I

778
00:36:57,840 --> 00:36:58,920
Speaker 1: was like, you know, like fight it up.

779
00:36:59,160 --> 00:37:02,760
Speaker 4: You know. I was like, I'm I've found my motivation again.

780
00:37:03,520 --> 00:37:05,880
Speaker 1: Yeah, that's right, I was like I am going to

781
00:37:05,920 --> 00:37:08,319
Speaker 1: take control. I need to get back on the bill.

782
00:37:08,640 --> 00:37:11,680
Speaker 1: So yeah, I was like, right, I am going to

783
00:37:11,760 --> 00:37:14,400
Speaker 1: go home because I actually just need to at this point.

784
00:37:15,360 --> 00:37:17,359
Speaker 1: And I think I was like twenty five twenty six.

785
00:37:17,480 --> 00:37:19,680
Speaker 1: My friends were ginning engage buying houses. Like I was

786
00:37:19,719 --> 00:37:22,160
Speaker 1: missing quite significant milestones. So I was like, yeah, I

787
00:37:22,239 --> 00:37:24,880
Speaker 1: need to go. So yeah, I was like, I need to,

788
00:37:25,239 --> 00:37:26,680
Speaker 1: you know, save it for my plane ticket and then

789
00:37:26,719 --> 00:37:28,120
Speaker 1: I need to save a cushion for when i get

790
00:37:28,120 --> 00:37:29,759
Speaker 1: back to New Zealand so that I'm not pressing into

791
00:37:29,800 --> 00:37:33,080
Speaker 1: finding work right away or whatever. So I did that,

792
00:37:33,719 --> 00:37:36,799
Speaker 1: and I think in June. At the end of June,

793
00:37:36,920 --> 00:37:39,520
Speaker 1: I got home and I was like, oh my god.

794
00:37:39,600 --> 00:37:41,759
Speaker 1: First of all, I'm very cold, because like this is

795
00:37:41,800 --> 00:37:45,120
Speaker 1: not a ZeLing Yeah Zealand. I was like, oh my god,

796
00:37:45,120 --> 00:37:47,239
Speaker 1: I'm cold. My bones are freezing. How do you guys

797
00:37:47,239 --> 00:37:51,360
Speaker 1: to do anything? So I arrived whatever, and then the

798
00:37:51,520 --> 00:37:53,520
Speaker 1: very next day I was just like, Okay, I need

799
00:37:53,560 --> 00:37:54,880
Speaker 1: to get on the phone and I need to ring

800
00:37:54,960 --> 00:37:58,560
Speaker 1: these institutions. So number one of my lessons I I

801
00:37:58,680 --> 00:38:01,120
Speaker 1: do so they colleaching your student loan new payments, and

802
00:38:01,160 --> 00:38:03,000
Speaker 1: I was like, hi, I haven't made a payment in

803
00:38:03,000 --> 00:38:09,120
Speaker 1: a really long time. I was an overseas space borrower. Help. Yeah,

804
00:38:09,360 --> 00:38:12,920
Speaker 1: and I think I accrued a total of eight thousand

805
00:38:12,960 --> 00:38:16,800
Speaker 1: dollars worth of interest only just from being away in payment. No,

806
00:38:17,040 --> 00:38:20,719
Speaker 1: I know, hon, I know, like don't even No, that's not.

807
00:38:21,080 --> 00:38:24,239
Speaker 4: Like, oh my gosh, shame. It's like, oh my gosh,

808
00:38:24,320 --> 00:38:26,960
Speaker 4: that would have been so overwhelming for you, Like that

809
00:38:27,040 --> 00:38:30,200
Speaker 4: would have stressed me out. I can't imagine being already

810
00:38:30,239 --> 00:38:32,759
Speaker 4: stressed about finance to then find that out.

811
00:38:33,040 --> 00:38:35,920
Speaker 1: Like oh yeah, but I mean that that really helpful.

812
00:38:36,000 --> 00:38:37,759
Speaker 1: They're like, okay, well, because you don't have work yet

813
00:38:37,760 --> 00:38:39,920
Speaker 1: and you've just arrived, fill in this hardship form and

814
00:38:40,080 --> 00:38:41,719
Speaker 1: we'll just add in respect to the balance of your

815
00:38:41,760 --> 00:38:44,080
Speaker 1: loan and it will be automatically deducted as you you know,

816
00:38:44,520 --> 00:38:46,200
Speaker 1: from your income. And so I was like, okay, here,

817
00:38:46,960 --> 00:38:50,280
Speaker 1: and also where was this hardship form in my life?

818
00:38:50,400 --> 00:38:52,480
Speaker 1: Like why did I you know, why now?

819
00:38:52,760 --> 00:38:53,799
Speaker 4: Why not before.

820
00:38:55,840 --> 00:38:57,640
Speaker 1: My life had become undone and it was not a

821
00:38:57,760 --> 00:39:01,600
Speaker 1: single hardship form in site. But anyway, so did that

822
00:39:01,760 --> 00:39:04,759
Speaker 1: and in the second institution I rang was my bank

823
00:39:04,880 --> 00:39:07,560
Speaker 1: to talk about my loan repayments because they had become

824
00:39:07,719 --> 00:39:10,000
Speaker 1: difficult and missing, and I was like, oh my god.

825
00:39:10,800 --> 00:39:12,920
Speaker 1: And while I was in Vietnam, I hade received notice

826
00:39:12,920 --> 00:39:15,120
Speaker 1: of defaulting my credit card and I was like, oh whatever,

827
00:39:15,400 --> 00:39:19,480
Speaker 1: like I just don't have the energy, were the resources

828
00:39:19,520 --> 00:39:22,640
Speaker 1: to deal with that at that time. So yeah, So

829
00:39:22,719 --> 00:39:25,160
Speaker 1: there was that, and then I paid off, you know,

830
00:39:25,280 --> 00:39:27,920
Speaker 1: my friend, slowly but surely. I started working. I then

831
00:39:27,960 --> 00:39:30,040
Speaker 1: took up a second job because I was just so

832
00:39:31,400 --> 00:39:34,120
Speaker 1: motivated to like build back up my Keywi saver to

833
00:39:34,239 --> 00:39:36,960
Speaker 1: start saving all of that. So I met Ile of

834
00:39:37,000 --> 00:39:39,560
Speaker 1: twenty eighteen back in New Zealand, I'm be working. I

835
00:39:41,000 --> 00:39:44,080
Speaker 1: had a lot of guilt coming back home because I

836
00:39:44,280 --> 00:39:46,719
Speaker 1: was like, oh my god, I've been away for so long.

837
00:39:47,160 --> 00:39:51,080
Speaker 1: This is going to impact my earning potential. I've come

838
00:39:51,160 --> 00:39:53,560
Speaker 1: back with very little Keiwi saver, whereas you know, I

839
00:39:53,680 --> 00:39:55,040
Speaker 1: was like, you know, and I got hung up on

840
00:39:55,120 --> 00:39:57,839
Speaker 1: that whole comparison thing, like thinking about where my friends

841
00:39:57,920 --> 00:39:59,320
Speaker 1: were in their life, how much they had in the

842
00:39:59,400 --> 00:40:00,920
Speaker 1: Keywi saver, what that were earning.

843
00:40:01,160 --> 00:40:03,320
Speaker 4: Like I was just so like, oh god, what you

844
00:40:03,400 --> 00:40:05,759
Speaker 4: didn't look at was the fact that your friends were like,

845
00:40:05,920 --> 00:40:09,399
Speaker 4: oh my gosh, money dost has been overseas, she's living

846
00:40:09,440 --> 00:40:13,319
Speaker 4: in five different countries. She's on epic, and she's so adventurous.

847
00:40:13,360 --> 00:40:15,040
Speaker 4: I wish I us more like her. And you're looking

848
00:40:15,080 --> 00:40:16,759
Speaker 4: at them being like, oh her wish I was so

849
00:40:16,840 --> 00:40:19,359
Speaker 4: good at money. Like we just forget to look at

850
00:40:19,400 --> 00:40:21,759
Speaker 4: how good we are ourselves. We just look at the

851
00:40:21,840 --> 00:40:24,480
Speaker 4: highlight reel of somebody else's life and go, I want that,

852
00:40:25,000 --> 00:40:27,080
Speaker 4: Like if I don't have that, I must not be good.

853
00:40:27,280 --> 00:40:28,120
Speaker 4: It's ridiculous.

854
00:40:28,440 --> 00:40:31,439
Speaker 1: Yeah, And I guess that didn't really hurt me until

855
00:40:31,480 --> 00:40:34,399
Speaker 1: the pandemic rolled around and I was like, oh my god,

856
00:40:34,640 --> 00:40:37,279
Speaker 1: I have lived a life, you know, like I've lived

857
00:40:37,280 --> 00:40:39,680
Speaker 1: in these places. And then you know, we weren't really

858
00:40:39,719 --> 00:40:41,640
Speaker 1: able to do that again. I mean, you know, we

859
00:40:41,719 --> 00:40:43,720
Speaker 1: well eventually, but yeah, it made me like more grateful

860
00:40:43,760 --> 00:40:47,680
Speaker 1: for the experience. So yeah, twenty eighteen, Yeah, that's probably that.

861
00:40:48,520 --> 00:40:51,000
Speaker 1: And I yeah, continue to slowly pay off my dits

862
00:40:51,200 --> 00:40:54,440
Speaker 1: throughout twenty eighteen through twenty nineteen. I finally moved out

863
00:40:54,440 --> 00:40:56,000
Speaker 1: of my parents' house, so I got back on my feet,

864
00:40:56,120 --> 00:40:59,239
Speaker 1: thanks Mom and Dad. And I found that she's on

865
00:40:59,280 --> 00:41:01,800
Speaker 1: the Money podcast. I think that must have been twenty nineteen,

866
00:41:02,080 --> 00:41:07,160
Speaker 1: is it when you guys right, yeah, And I remember

867
00:41:07,440 --> 00:41:08,920
Speaker 1: like because I was like on this mission, I was

868
00:41:08,920 --> 00:41:11,000
Speaker 1: like halfway through my mission, I already paid down paid

869
00:41:11,040 --> 00:41:12,880
Speaker 1: down a lot of my you know, little debts, and

870
00:41:13,000 --> 00:41:15,600
Speaker 1: I never celebrated that because I didn't feel like I could,

871
00:41:15,840 --> 00:41:19,000
Speaker 1: which is said, so yeah, like the podcast at their

872
00:41:19,040 --> 00:41:20,560
Speaker 1: time is like everything, you know, because I was like

873
00:41:20,640 --> 00:41:23,640
Speaker 1: on this mission, I was like, yeah, these women resonate.

874
00:41:23,840 --> 00:41:27,080
Speaker 1: I was like, oh, I yes, that was really nice.

875
00:41:27,200 --> 00:41:29,799
Speaker 1: I got quite significant and come increase at a time,

876
00:41:30,160 --> 00:41:32,399
Speaker 1: which was nice and helped me pay off my debts

877
00:41:32,440 --> 00:41:36,200
Speaker 1: faster than in twenty twenty. They were all done, the grandma,

878
00:41:36,280 --> 00:41:38,680
Speaker 1: the sister, and the friend of my credit card.

879
00:41:39,480 --> 00:41:42,440
Speaker 4: Yeah yeah, yeah, So that was like the best feeling

880
00:41:43,200 --> 00:41:43,759
Speaker 4: it was.

881
00:41:44,000 --> 00:41:47,080
Speaker 1: But I couldn't tell anyone, you know, like I was

882
00:41:47,200 --> 00:41:49,879
Speaker 1: just like, oh my god, Like I remember exactly where

883
00:41:49,920 --> 00:41:52,200
Speaker 1: I was. I remember making like the final lump sum payment.

884
00:41:52,280 --> 00:41:53,680
Speaker 1: I think it was like a thousand dollars. I was like, yes,

885
00:41:53,680 --> 00:41:55,759
Speaker 1: I'm gonna get rid of it, and I rememberizing this

886
00:41:55,840 --> 00:41:58,400
Speaker 1: coffee shop and then just went like okay, cool, you know,

887
00:41:58,600 --> 00:41:58,799
Speaker 1: like it.

888
00:41:58,920 --> 00:42:04,120
Speaker 4: Was it's like this underwhelming moment where you're like I

889
00:42:04,320 --> 00:42:06,120
Speaker 4: wish I could jump up and down and celebrate this,

890
00:42:06,320 --> 00:42:08,840
Speaker 4: but like, nobody's gonna get it. And I get a

891
00:42:09,120 --> 00:42:11,520
Speaker 4: friend that knows I'm in this debt, so I can't

892
00:42:11,560 --> 00:42:13,520
Speaker 4: call them and be like, hey, Jess, I'm out of debt.

893
00:42:13,680 --> 00:42:14,640
Speaker 1: Just be like you were in debt.

894
00:42:15,200 --> 00:42:17,080
Speaker 4: Yeah, fully relate to this.

895
00:42:17,400 --> 00:42:19,759
Speaker 3: The day that I paid off my last credit card,

896
00:42:19,800 --> 00:42:22,000
Speaker 3: because I've said before I was in pretty significant dent

897
00:42:22,120 --> 00:42:25,040
Speaker 3: prior to like finding the community, and I remember I

898
00:42:25,120 --> 00:42:26,920
Speaker 3: like walked into my bank at like five o'clock. It

899
00:42:27,000 --> 00:42:28,160
Speaker 3: was at the end of the work day. I paid

900
00:42:28,200 --> 00:42:29,560
Speaker 3: it off, and I walked out and I got on

901
00:42:29,640 --> 00:42:31,759
Speaker 3: the tram and like sat on a peak hour tram

902
00:42:31,840 --> 00:42:34,480
Speaker 3: with one hundred and seenty people and I'm like, are

903
00:42:35,239 --> 00:42:39,640
Speaker 3: and the streamers and the celebrations and people dancing? Because

904
00:42:39,680 --> 00:42:42,640
Speaker 3: it's such a weird disconnect because obviously, for you, you've

905
00:42:42,680 --> 00:42:45,239
Speaker 3: worked so hard to get here, right, You've paid off

906
00:42:45,280 --> 00:42:47,600
Speaker 3: all of these people, and you've moved to all these

907
00:42:47,640 --> 00:42:50,239
Speaker 3: countries and done all these things, and you finally got

908
00:42:50,320 --> 00:42:52,960
Speaker 3: there like this thing that you'd been working towards, and

909
00:42:53,040 --> 00:42:55,960
Speaker 3: then you're like, okay, it's done. Now, what did you

910
00:42:56,040 --> 00:42:58,120
Speaker 3: have a plan? Were like, Okay, now I can save

911
00:42:58,400 --> 00:42:59,960
Speaker 3: or what was your next day?

912
00:43:00,160 --> 00:43:00,920
Speaker 4: I guess after that.

913
00:43:01,360 --> 00:43:04,359
Speaker 1: I think after that, I was like, okay, maybe I'll

914
00:43:04,440 --> 00:43:07,080
Speaker 1: like devil in this chaeres ease thing like you. I

915
00:43:07,200 --> 00:43:11,080
Speaker 1: was like, okay, Like so, yeah, I did open an account,

916
00:43:11,239 --> 00:43:12,759
Speaker 1: and you know, I didn't really like do much with

917
00:43:12,880 --> 00:43:15,320
Speaker 1: it for some time, just sort of set idle. And

918
00:43:15,480 --> 00:43:18,160
Speaker 1: then like the month after I paid off all of

919
00:43:18,239 --> 00:43:20,120
Speaker 1: my debts, I actually got a new job and I

920
00:43:20,200 --> 00:43:23,600
Speaker 1: got another significant and come increase, which was nice. I

921
00:43:23,719 --> 00:43:25,600
Speaker 1: think that took me to like ninety k and I

922
00:43:25,680 --> 00:43:28,520
Speaker 1: just felt like I could really enjoyed that. You know. Yeah,

923
00:43:28,520 --> 00:43:30,759
Speaker 1: I was like, oh my god, how nice you can

924
00:43:30,880 --> 00:43:33,000
Speaker 1: enjoy my money. I've paid off everything. I can really

925
00:43:33,160 --> 00:43:37,120
Speaker 1: like do something with this extra teen thousand dollars A yeah,

926
00:43:37,200 --> 00:43:38,120
Speaker 1: you know, I was like I am.

927
00:43:38,080 --> 00:43:40,240
Speaker 4: Not going to be going towards it anymore.

928
00:43:40,320 --> 00:43:41,840
Speaker 1: Yeah. I was like, I'm not going to fall victim

929
00:43:41,920 --> 00:43:43,800
Speaker 1: to like the lifestyle creep. I remember that was like

930
00:43:43,840 --> 00:43:45,920
Speaker 1: an episode at the time, being like that will not

931
00:43:46,000 --> 00:43:51,560
Speaker 1: be me. That will not be me? Was Yeah. That

932
00:43:51,760 --> 00:43:54,600
Speaker 1: was that. Then in twenty twenty one, my partner lost

933
00:43:54,680 --> 00:43:58,840
Speaker 1: his job, which was quite challenging. I suppose he's a

934
00:43:58,880 --> 00:44:02,359
Speaker 1: professional athlete, so he normally has like a part time

935
00:44:02,520 --> 00:44:04,920
Speaker 1: fixed and come gig and then he'll you know, make

936
00:44:05,520 --> 00:44:09,000
Speaker 1: additional bumps of money when he does his little events

937
00:44:09,040 --> 00:44:11,000
Speaker 1: or whatever. So that was quite hard because we lived

938
00:44:11,000 --> 00:44:14,200
Speaker 1: together and at that time we didn't share finances, so

939
00:44:14,320 --> 00:44:18,040
Speaker 1: that was like a really interesting dance between us. But anyway,

940
00:44:18,200 --> 00:44:20,359
Speaker 1: and about March that year, we decided that we would

941
00:44:20,360 --> 00:44:22,839
Speaker 1: move to Australia because you know, he would travel here

942
00:44:22,880 --> 00:44:25,719
Speaker 1: quite often anyway for his fights. I mean, then when

943
00:44:25,719 --> 00:44:27,840
Speaker 1: the trans Tasmen bubble clothes, that just made it impossible.

944
00:44:27,880 --> 00:44:29,920
Speaker 1: So we're like, okay, like, look, let's just do it.

945
00:44:30,280 --> 00:44:32,239
Speaker 1: And so then, because I wasn't paying off my debt,

946
00:44:32,920 --> 00:44:37,080
Speaker 1: we saved altogether about twenty six and a half thousand

947
00:44:37,120 --> 00:44:39,840
Speaker 1: dollars and then I know, in such a short amount

948
00:44:39,840 --> 00:44:41,520
Speaker 1: of time to come to Australia, and then we were

949
00:44:41,560 --> 00:44:44,480
Speaker 1: gifted like an additional two or three thousand dollars, which

950
00:44:44,600 --> 00:44:46,560
Speaker 1: was really nice. So we were able to move here

951
00:44:46,600 --> 00:44:49,200
Speaker 1: really comfortably, and we did so oh yeah.

952
00:44:49,440 --> 00:44:51,440
Speaker 4: That would have been such a special period of time

953
00:44:51,480 --> 00:44:53,480
Speaker 4: where you're like, wow, I'm moving and I'm not feeling

954
00:44:53,560 --> 00:44:56,359
Speaker 4: financially stressed or stretched like it would have been such

955
00:44:56,400 --> 00:44:59,840
Speaker 4: a different story than the ones you've experienced previously.

956
00:44:59,560 --> 00:45:01,279
Speaker 1: Right where we were like I need to find a

957
00:45:01,320 --> 00:45:03,279
Speaker 1: job in three weeks, where it's like I have a

958
00:45:03,480 --> 00:45:05,800
Speaker 1: long time to find a job that I want, you know,

959
00:45:06,200 --> 00:45:08,319
Speaker 1: I can wait for the right role. I don't need

960
00:45:08,400 --> 00:45:11,000
Speaker 1: to like you know, see, it was really nice. So

961
00:45:11,040 --> 00:45:13,200
Speaker 1: I think we've been here for nearly twelve weeks in

962
00:45:13,280 --> 00:45:15,400
Speaker 1: totally we haven't received any income and it's just been

963
00:45:15,520 --> 00:45:18,040
Speaker 1: still very comfortable. We've been able to holiday and shop

964
00:45:18,080 --> 00:45:20,040
Speaker 1: and like all those things, you know, Like it's been

965
00:45:20,400 --> 00:45:24,239
Speaker 1: I love that for you so much. Very different experience. Yes,

966
00:45:24,520 --> 00:45:25,640
Speaker 1: so it's quite cool.

967
00:45:26,000 --> 00:45:28,520
Speaker 4: What does the future hold? Where are we going? Obviously

968
00:45:28,680 --> 00:45:31,319
Speaker 4: you explained that maybe property was something you were going

969
00:45:31,400 --> 00:45:34,000
Speaker 4: to look at, and you've said that you've started reinvesting

970
00:45:34,080 --> 00:45:37,000
Speaker 4: with shares eas But what are you up to? Like,

971
00:45:37,120 --> 00:45:39,120
Speaker 4: what's the plan? What a next steps? You've got this

972
00:45:39,239 --> 00:45:41,439
Speaker 4: epic job. Is your partner working again?

973
00:45:41,600 --> 00:45:44,200
Speaker 1: He still hasn't found a job yet, but like we've

974
00:45:44,239 --> 00:45:47,279
Speaker 1: got time, so there's no real pressure there. He does

975
00:45:47,320 --> 00:45:48,960
Speaker 1: have a few events lined up, so that's like an

976
00:45:49,000 --> 00:45:51,520
Speaker 1: income stream for him. But we have entered a new

977
00:45:51,840 --> 00:45:55,280
Speaker 1: phase of our relationship. Since moving, we've combined our finances,

978
00:45:55,360 --> 00:45:57,520
Speaker 1: so we've moved here, we sort of put everything into

979
00:45:57,560 --> 00:46:00,360
Speaker 1: one account to begin with. So probably, like I do

980
00:46:00,520 --> 00:46:03,719
Speaker 1: have a few administrative goals for us, because now we've

981
00:46:03,719 --> 00:46:06,120
Speaker 1: got pockets of money. He's got his New Zealand, I've

982
00:46:06,120 --> 00:46:08,360
Speaker 1: got two New Zealand accounts, We've got this Australian account

983
00:46:08,680 --> 00:46:11,880
Speaker 1: and I'm going to be paid monthly. So there is

984
00:46:11,920 --> 00:46:15,359
Speaker 1: a bit of administrative work to do around managing our

985
00:46:15,440 --> 00:46:18,920
Speaker 1: cash flow and how we you know, mat that out

986
00:46:18,960 --> 00:46:21,319
Speaker 1: of it. So that's that that's probably like the first

987
00:46:21,400 --> 00:46:23,440
Speaker 1: cab off the rank. The next one for us is

988
00:46:23,520 --> 00:46:26,120
Speaker 1: just sort of making sure that we continue to meet

989
00:46:26,400 --> 00:46:28,560
Speaker 1: you know, obligations that we have in New Zealand, such

990
00:46:28,600 --> 00:46:31,080
Speaker 1: as our student loans and you know, we still want

991
00:46:31,120 --> 00:46:33,399
Speaker 1: to put money into our key we saver. But yeah,

992
00:46:33,400 --> 00:46:36,520
Speaker 1: I do want to get quite serious about automating my

993
00:46:36,680 --> 00:46:38,840
Speaker 1: d misting, which we've already talked about. But yeah, I

994
00:46:38,920 --> 00:46:42,320
Speaker 1: think those are probably like the first pieces on the

995
00:46:42,360 --> 00:46:43,759
Speaker 1: horizon for me.

996
00:46:44,040 --> 00:46:47,160
Speaker 4: Yeah, gosh, that is so so exciting. I feel like

997
00:46:47,280 --> 00:46:50,880
Speaker 4: this money story has been one that is I don't know,

998
00:46:51,080 --> 00:46:55,080
Speaker 4: so relatable. At the same time as being so unrelatable

999
00:46:55,239 --> 00:46:57,960
Speaker 4: with the five countries and like the moving around, like

1000
00:46:58,200 --> 00:47:01,040
Speaker 4: I definitely haven't done that, But the feeling around money

1001
00:47:01,080 --> 00:47:04,879
Speaker 4: I think are relatively universal, like the anxiety around debt

1002
00:47:04,960 --> 00:47:08,080
Speaker 4: and the guilt and feeling bad and then having so

1003
00:47:08,200 --> 00:47:11,960
Speaker 4: many debts and it feels like it's overwhelming and all consuming,

1004
00:47:12,040 --> 00:47:13,960
Speaker 4: and then finally getting out of it and having this

1005
00:47:14,120 --> 00:47:17,440
Speaker 4: feeling of oh is about it? Like no one's gonna

1006
00:47:17,719 --> 00:47:19,520
Speaker 4: come up to me with a bottle of champagne and

1007
00:47:19,520 --> 00:47:22,240
Speaker 4: poppet and spread everywhere, like is that not what happens

1008
00:47:22,280 --> 00:47:24,600
Speaker 4: when you get out of debt? So I'll celebrate it

1009
00:47:24,760 --> 00:47:26,759
Speaker 4: like I would jump up and down. I'm sorry it's

1010
00:47:26,760 --> 00:47:27,400
Speaker 4: a bit delayed.

1011
00:47:30,440 --> 00:47:32,480
Speaker 1: Yeah, it's nice to sort of feel like I've come

1012
00:47:32,600 --> 00:47:36,120
Speaker 1: full cycle, and it's nice to appreciate that it was

1013
00:47:36,400 --> 00:47:40,000
Speaker 1: a long game, like it took, you know, and I

1014
00:47:40,080 --> 00:47:43,880
Speaker 1: still wasn't willing to give up my lifestyle. Like you know,

1015
00:47:44,160 --> 00:47:47,399
Speaker 1: there are obviously people that live by, you know, fire

1016
00:47:47,520 --> 00:47:50,880
Speaker 1: schemes and you know all those like really extreme pathways

1017
00:47:50,880 --> 00:47:53,480
Speaker 1: to financial freedom, but they just wasn't realistic for me.

1018
00:47:53,640 --> 00:47:56,560
Speaker 1: I still wanted to live my life. So yeah, just

1019
00:47:56,680 --> 00:47:58,080
Speaker 1: nice to me on the other side. Oh my god,

1020
00:47:58,120 --> 00:48:00,440
Speaker 1: how nice is it to be comfortable? Oh God, I

1021
00:48:00,760 --> 00:48:01,120
Speaker 1: love it.

1022
00:48:01,880 --> 00:48:04,640
Speaker 4: But unfortunately that is all we have time for today.

1023
00:48:04,760 --> 00:48:07,000
Speaker 4: So just before we head off, we'd like to acknowledge

1024
00:48:07,320 --> 00:48:10,280
Speaker 4: and pay our respects to Australia's Aboriginal and Torres Straight

1025
00:48:10,360 --> 00:48:14,040
Speaker 4: islander peoples. They're the traditional Castordians of the lands, the

1026
00:48:14,120 --> 00:48:17,920
Speaker 4: waterways and the skies all across Australia. We thank you

1027
00:48:18,040 --> 00:48:20,040
Speaker 4: for sharing at the caring for the land on which

1028
00:48:20,120 --> 00:48:22,560
Speaker 4: we are able to learn. We pay our respects to

1029
00:48:22,640 --> 00:48:25,279
Speaker 4: elders past and present, and we share our friendship and

1030
00:48:25,520 --> 00:48:26,400
Speaker 4: our kindness.

1031
00:48:26,880 --> 00:48:29,240
Speaker 3: The advice shared on shees on Money is generally nature

1032
00:48:29,320 --> 00:48:32,320
Speaker 3: and does not consider your individual circumstances. Ches On the

1033
00:48:32,360 --> 00:48:35,279
Speaker 3: Money exists purely for educational purposes and should not be

1034
00:48:35,400 --> 00:48:38,320
Speaker 3: relied upon to make an investment or financial decision. And

1035
00:48:38,440 --> 00:48:41,840
Speaker 3: we promise Victoria Divine is an authorized representative of Infocused

1036
00:48:41,880 --> 00:48:46,600
Speaker 3: Securities Australia Proprietary Limited ABN four seven zero nine seven

1037
00:48:46,760 --> 00:48:50,279
Speaker 3: seven nine seven zero four nine AFSL two three six

1038
00:48:50,440 --> 00:48:51,120
Speaker 3: five two three.

1039
00:48:51,360 --> 00:48:52,399
Speaker 4: See you next week, guys.

1040
00:48:52,440 --> 00:48:52,640
Speaker 1: Hey,