Speaker 1: Hello.
Speaker 2: My name is Santasha Nabananga Bamblet. I'm a proud or
Speaker 2: the Order Kerni Whaltbury and a waddery woman. And before
Speaker 2: we get started on She's on the Money podcast, I
Speaker 2: would like to acknowledge the traditional custodians of the land
Speaker 2: of which this podcast is recorded on a wondery country,
Speaker 2: acknowledging the elders, the ancestors and the next generation coming
Speaker 2: through as this podcast is about connecting, empowering, knowledge sharing
Speaker 2: and the storytelling of you to make a difference for
Speaker 2: today and lasting impact for tomorrow.
Speaker 1: Let's get into it. She's on the Money. She's on
Speaker 1: the Money.
Speaker 3: Hello, and welcome to She's on the Money podcast that
Speaker 3: makes personal finance fun, especially on Fridays. It is our
Speaker 3: favorite day of the week because we get the team
Speaker 3: together and we celebrate you the incredible She's on the
Speaker 3: Money community. Mister Skrieky is here as always, and she's
Speaker 3: going to be sharing our favorite money wins. I think
Speaker 3: one of her money wins, Beck is going to be
Speaker 3: discount easter eggs. Probably yep, fantastic.
Speaker 1: Beck.
Speaker 3: You're here obviously, and you're going to be sharing your
Speaker 3: broke tips. We're going to be helping to answer a
Speaker 3: money dilemma, which this week is all about setting boundaries
Speaker 3: and knowing your worth and something that you slid into
Speaker 3: our dms about what do you do when you want
Speaker 3: to leave a relationship but you can't financially afford.
Speaker 1: To do so?
Speaker 3: Oh, I feel like that is a really good topic
Speaker 3: to discuss. But before we get into the deep juicy stuff,
Speaker 3: I need to know how have your weeks been, Jessica.
Speaker 1: Have you gotten discount Easter eggs?
Speaker 4: Oh?
Speaker 5: You know, I was at the shop in the mornings
Speaker 5: scooping them up, But you know what, half price this
Speaker 5: year feels like full price last year.
Speaker 1: So discussing, I'm getting why is that good? Why were
Speaker 1: they fifteen dollars? Crazy?
Speaker 5: I opted for baking all my Easter stuff this year
Speaker 5: because I was just like, no, it's so.
Speaker 3: Great, actually way better. And yeah, just made these like
Speaker 3: Easter egg nests with.
Speaker 1: What are they called the mini eggs?
Speaker 3: Yep, the mini eggs, but like the conchy mini eggs. Oh,
Speaker 3: she found them so.
Speaker 6: Hard, hunt.
Speaker 5: I had to buy the little individual tidy packets because
Speaker 5: they were all God, I literally bought like fifteen I
Speaker 5: was like, I feel like a bad person because I'm
Speaker 5: taking all.
Speaker 6: These nicecrew it I need them.
Speaker 1: Yeah, but then she made it for me, so slaighty.
Speaker 7: They're just so good and you're so cute, Jessa. It's
Speaker 7: so sweet of you.
Speaker 2: Cute.
Speaker 6: I was your weekend, your Easter really nice?
Speaker 7: My dad was randomly in Melbourne, so okay nice, Yeah random,
Speaker 7: So that was a nice just like you know, extra
Speaker 7: for the weekend. And then yeah, just saw some friends
Speaker 7: ate a lot of chucky and yeah, having a great
Speaker 7: time over here.
Speaker 1: I love that about you.
Speaker 3: Oh, mine was full of renovations actually, so we've recently
Speaker 3: finished our bathrooms, which you'll see all over my social
Speaker 3: media very very soon.
Speaker 1: But I also decided, and I.
Speaker 3: Feel like this is this is big, Jess is going
Speaker 3: to be like I would never I have sacrificed my
Speaker 3: walking wardrobe to make it my son's bedroom because we
Speaker 3: have a split level house and upstairs there's one bedroom.
Speaker 3: There was like a walking wardrobe downstairs were the additional bedrooms.
Speaker 3: I didn't want Harvey to be like all the way downstairs,
Speaker 3: like in the night, Like that just didn't fare like,
Speaker 3: it just didn't feel right. So we have made a
Speaker 3: very small bedroom upstairs by like knocking out a wall,
Speaker 3: putting in a new one, and now I just have
Speaker 3: an Ikea packs wardrobe like it's built into the wall.
Speaker 3: We've done I would say a pretty good job of it,
Speaker 3: but we've like built it into the wall as opposed
Speaker 3: to having a walk in wardrobe. So we've lost a
Speaker 3: lot of wardrobe space, which I don't think Jess would
Speaker 3: ever consent to. But it means that Harvey can have
Speaker 3: his own little bedroom upstairs, like right next to our bedroom.
Speaker 3: Ye cute just feels right, Yeah that makes any sense.
Speaker 1: I don't know.
Speaker 3: I never thought i'd be this needy mum like Beck.
Speaker 3: I just really didn't see this coming. Like I did
Speaker 3: not think that I would be the mum that wants
Speaker 3: to watch their baby on the monitor, like I screen
Speaker 3: record him sometimes, Like I had this screen recording I
Speaker 3: can show you later of him playing in his cut.
Speaker 3: Once he woke up in the morning with one of
Speaker 3: our cats, the most wholesome thing in the entire world.
Speaker 3: He goes to sleep, I'm looking at videos and pictures
Speaker 3: of him on my phone.
Speaker 1: What that's so cute?
Speaker 3: Like I can't be trusted And like I used to
Speaker 3: think that the mums that were doing that I was like, weird, Okay,
Speaker 3: have some you time, babe.
Speaker 1: I don't want you time.
Speaker 3: I want to look at pictures of my baby and
Speaker 3: cry about how he's so much bigger than he was. Anyway,
Speaker 3: it's been a very wholesome easter. Obviously, Harvey loved it.
Speaker 3: I don't think he comprehends it, yees, because he's still
Speaker 3: a little bit little for it. But he was very excited. Yeah,
Speaker 3: because there was lots of colorful things and lots of
Speaker 3: stuff on the ground that you could pick up, and
Speaker 3: that's very fun. That was my weekend. Also, I've been
Speaker 3: in the reviews. Do you guys want a five star review?
Speaker 3: Absolutely before we get there. We did actually get a
Speaker 3: couple of weeks ago saw this when I was looking
Speaker 3: a two star review, which is hilarious because apparently, get this.
Speaker 3: We should not be covering the budget because it's government based,
Speaker 3: and somebody believes that only get this. Skilled journalists bring
Speaker 3: a level of rigor and nuance that a lay person
Speaker 3: might not achieve.
Speaker 7: Well, Jess's face is like, but what the whole point
Speaker 7: of this podcast is to make things more accessible to people?
Speaker 1: I don't please agree that, Like.
Speaker 5: You know, journalists do an incredible job, and they're so
Speaker 5: important that they get no point.
Speaker 6: Do we have a claim to be expert?
Speaker 1: I actually do claim to be a finance expert.
Speaker 3: Literally, I claim on a daily basis that I am
Speaker 3: expert when it comes to finance, because I am.
Speaker 1: I'm sorry.
Speaker 3: I just thought it was so funny because obviously, like
Speaker 3: there are so many beautiful people leaving beautiful reviews, but
Speaker 3: like this two star one, I just thought was really
Speaker 3: funny to bring up because I was like, do you
Speaker 3: really think that I read this and go, yeah, you're right,
Speaker 3: I wouldn't know how to interpret the budget or talk
Speaker 3: about anything when it comes to politics.
Speaker 6: Yeah, I mean, at least it was two stars and
Speaker 6: not one.
Speaker 3: Yeah, self aligning also cheers. But on the same page
Speaker 3: we got another one that was five star. But if
Speaker 3: you guys also think that maybe we should be covering
Speaker 3: the budget, I loved covering the budget. I think I
Speaker 3: was salty about that review because I was like, hold on,
Speaker 3: I think we deciphered it in a really beautiful way
Speaker 3: that made a lot of sense to our audience, and
Speaker 3: we had so many nice messages from people saying I
Speaker 3: have never engaged in the budget before until your episode,
Speaker 3: or until your Instagram posts or until I saw you
Speaker 3: guys like really getting into it and what it means
Speaker 3: for me.
Speaker 1: Yeah, I'm going to keep doing that.
Speaker 3: Sorry, sorry, not sorry, but we got one five stars.
Speaker 3: It's from Becky. She says, amazing, amazing, amazing. Hi, she's
Speaker 3: on the Money Team. I just wanted to leave a
Speaker 3: little review so that you guys know how much I
Speaker 3: love your podcast. I'm a twenty four year old mum
Speaker 3: of two toddlers and I need all of the broke tips, advice,
Speaker 3: support and inspiration I can get. The podcast gives me
Speaker 3: just that and more. I've started a master's degree in
Speaker 3: accounting after leaving my healthcare job. As you three have
Speaker 3: shown me my absolute love for money, numbers and still
Speaker 3: being able to help people. I have you, guys to
Speaker 3: thank for opening these doors for me. You three are
Speaker 3: an absolute dynamic trio. I'm doing God's work for the
Speaker 3: girlies and you.
Speaker 1: Are also appreciated. Love you guys so much.
Speaker 7: Oh my god, that is really beautiful. Congratulations, that's so sweet.
Speaker 7: We love you, Thank you sweet, Thank you so much. Also,
Speaker 7: look at this influence.
Speaker 3: I don't know if you guys think this is as
Speaker 3: sexy as I do, but more women in finance and accounting. Yeah, yeah,
Speaker 3: I love to see it so much Like Masters.
Speaker 7: That's incredible.
Speaker 3: An icon who runs the World Girls exact. Oh, speaking
Speaker 3: of the girls, tell me about the Facebook group. What
Speaker 3: have our friends been up to? One of their favorite
Speaker 3: money wins of the week.
Speaker 5: Alrighty, first of this week, I have one from Chow Chow,
Speaker 5: he said. I was sitting at home last night eating
Speaker 5: a pint of salted caramel hugan Dos on my couch,
Speaker 5: watching Netflix with my silly dog in my new apartment,
Speaker 5: with a manageable mortgage and money in my offset account.
Speaker 5: My bills are fully paid, my fridge is fully stocked,
Speaker 5: and I am just loving my life.
Speaker 7: Wow, my stomach felt really warm.
Speaker 1: I also huggin us. Oh that I was going. He's
Speaker 1: just so.
Speaker 6: Good, gorgeous. I love the positive mind there. You love
Speaker 6: to see it.
Speaker 5: And she did give us a dog photo of said dog,
Speaker 5: Chow Chow Dog.
Speaker 1: Chow Chow Dog has a chow chow.
Speaker 6: Oh my goodness, he's so fluffy. Girl. The photoguys he's adorable.
Speaker 1: Oh my god.
Speaker 3: Also, just a gentle reminder to the community, if you're
Speaker 3: going to mention your dog and not give us a picture.
Speaker 1: We do judge you. Pet taxis due ye.
Speaker 5: Next of kind of money win from Teresa, who said
Speaker 5: money win, I'm going to New Zealand for ten days
Speaker 5: with free accommodation the whole time. Excuse me, how merely
Speaker 5: by being an excellent friend. I haven't lived there for
Speaker 5: fifteen plus years, but I still keep in touch with
Speaker 5: all of my friends there. Some of them might even
Speaker 5: chat to daily. I love that so much, right, and
Speaker 5: I love the idea of yeah, staying with a friends cozy,
Speaker 5: it's kitzy. Next, I've got a money win from Pullack,
Speaker 5: who said money win. My Dyson vacuum stopped working, so
Speaker 5: I reached out to Dyson customer support, who suggested I
Speaker 5: either get a battery change, which would have been one
Speaker 5: hundred and twenty dollars, or they could offer me twenty
Speaker 5: five percent on off of a new purchase. I did
Speaker 5: some research and I found the battery replacement off of
Speaker 5: Amazon for forty dollars. It had great reviews and it
Speaker 5: saved me eighty dollars total from what I would have
Speaker 5: paid at Dyson.
Speaker 3: That but also props to Dice and for good customer
Speaker 3: service like they kind of said's out of warranty or
Speaker 3: oh no, we don't do that, but they offered you
Speaker 3: a discount on it.
Speaker 1: That's pretty good, especially off dyce In.
Speaker 6: Yeah, that's what I was thinking. You could probably stack
Speaker 6: it with cash back too.
Speaker 1: Exactly exactly started. That is great.
Speaker 3: There is good cash back on Dyson as well, like
Speaker 3: not being sponsored by any of those, but like, whenever
Speaker 3: I see the cash back on Dyson, I'm like, maybe
Speaker 3: I do need a new aerrap.
Speaker 7: I know I don't need a new air rap that
Speaker 7: you can get like up to twenty percent cash back,
Speaker 7: which is so good cash back twenty five percent.
Speaker 3: Maybe I'll just DM them they have like a live
Speaker 3: chat function and be like, hey guys, I have working
Speaker 3: dyce In products. But I did see that you released
Speaker 3: a baby pink air wrap and I find that quite rude. Yeah,
Speaker 3: get this baby pink and rose gold.
Speaker 8: Oh anyway I could pretend that you have I can say, well,
Speaker 8: I actually just think that's really rude because I have
Speaker 8: a hot pink one and while that is really chic,
Speaker 8: baby think would suit Jess.
Speaker 1: Had my aesthetic much better?
Speaker 6: Yeah you think it's beautiful?
Speaker 3: Yeah, yeah, I had my hair draps so maybe it's
Speaker 3: time for my hair drap. It would match my hair
Speaker 3: dryer which I have in the baby Pink. Well, you've
Speaker 3: got to have it exactly, say.
Speaker 6: Set up the customer support chattered.
Speaker 3: This is why Beck, I have to have my savings
Speaker 3: at a different bank.
Speaker 5: Next, I've got a money win from Nicole who said
Speaker 5: I finally transitioned my old budget to the shees on
Speaker 5: the money budget, and I've discovered a few places where
Speaker 5: I could capture some lost savings.
Speaker 1: Iconic or just love almost like I spent ages building
Speaker 1: that to work.
Speaker 6: Imagine.
Speaker 5: Next, I've got the money win from Ruth, who said
Speaker 5: she bought a dress she's wondered for ages the secondhand
Speaker 5: off of Deep Hop. Instead of spending one hundred and
Speaker 5: ninety dollars to buy it brain new she bought it
Speaker 5: for sixty two dollars including shipping. And the bonus was
Speaker 5: it had only.
Speaker 6: Been worn once.
Speaker 1: Oh how good is that?
Speaker 6: I'm loving Deep Hop.
Speaker 1: Oh my god.
Speaker 3: I bought a pair of shoes off Deepop. I have
Speaker 3: them in my car. I will show you them to you.
Speaker 3: This is going to mean not a lot to Beck,
Speaker 3: but like it. I bought a pair on Deepop of
Speaker 3: vintage Manolo Blanets. Oh they cost me delivered eighty dollars,
Speaker 3: which obviously eighty dollars on a pair of shoes, you
Speaker 3: might go whatever, but there's like thousand dollar shoes. But
Speaker 3: they're like a beautiful vintage pair and they had some
Speaker 3: stains on them, but I cleaned them up and they
Speaker 3: are perfect and I'm obsessed with them. And they're in
Speaker 3: like my perfect size, like they're a thirty eight and
Speaker 3: a half. Amaze, that is right, that's right. Anyway, deepop
Speaker 3: is giving. Yeah, I got it was so cute, see
Speaker 3: it was very happy with it. And then lastly this week,
Speaker 3: I've got money in from Rannon who said she claimed
Speaker 3: eleven dollars and seventy five cents for her cancer counsel
Speaker 3: sunscreen through her health insurance.
Speaker 1: Yes.
Speaker 7: Good.
Speaker 5: Just reminded to double check that we're coming towards end
Speaker 5: of financial year, so claim your things, claim your things,
Speaker 5: double check what you can claim to you because sunscreen
Speaker 5: is a great one.
Speaker 7: Oh I love that for us, and that did for
Speaker 7: me this week. I was going to make a joke,
Speaker 7: but it's too late now. Oh is it just give
Speaker 7: your head too quick?
Speaker 9: No?
Speaker 7: It was relating to pet tags, and I was gonna say.
Speaker 1: Oh, yeah, it's really delayed your that.
Speaker 7: Sound statements delivery. But anyway, let's move on as quickly
Speaker 7: as possible. So my broke tips if you'd like to hear,
Speaker 7: of course, yep. This first one comes from Jock, which
Speaker 7: is an interesting one. So you know, sometimes you go
Speaker 7: to like parties or like you have people over and
Speaker 7: you're like, I'm gonna get some snacks and they've suggested
Speaker 7: cheesels instead of chips because it looks more impressive and
Speaker 7: they're often cheaper.
Speaker 3: I love a cheesel to It reminds me of like
Speaker 3: a kindergarten party, Like the cheesels. They actually sit right
Speaker 3: beside the fairy bread and they're across from the party
Speaker 3: pie and like a little.
Speaker 1: Plastic what did you used to call them?
Speaker 3: I don't know, like the cocktail frankfurts, the like little
Speaker 3: red frank fet Like.
Speaker 1: No, I'm not actually a.
Speaker 7: Little boy wiener.
Speaker 3: So what I used to call them when I was
Speaker 3: little was little boys, and I just really inappropriate. But
Speaker 3: like when you were little, you didn't you wouldn't know,
Speaker 3: you don't know, And then yes, I was trying to
Speaker 3: say cocktail Frankfurt, Jessica, not weener.
Speaker 7: Cocktail is just a suggestive yeah, but like.
Speaker 1: Who doesn't love a little cocktail? Frank Fit.
Speaker 3: We need the little toothpick though in it with a
Speaker 3: little flag. We should have a kid's party at work, Conde.
Speaker 7: I would love that.
Speaker 1: Do you want what surely you had?
Speaker 7: Cavanosi?
Speaker 1: What is Cavanossi?
Speaker 7: He's basically saying he's just like harder, more gristly, way,
Speaker 7: less yummy and like you know, long long, like the
Speaker 7: red twiggs called twiggy sticks. Sorry it must be used
Speaker 7: other whales thing.
Speaker 2: I have.
Speaker 1: Tweaky stick.
Speaker 10: Hey everyone, editor Sam here, and I was listening to
Speaker 10: this audio. I heard the girls guess the Cavanossi is
Speaker 10: twiggy sticks. Knew immediately that if we didn't correct that
Speaker 10: the dms would blow up with people letting them know.
Speaker 10: So just want to let everyone know. I've informed them,
Speaker 10: and they wanted me to let you know that they
Speaker 10: now know the very specific difference between these meats. Not
Speaker 10: really sure why we're doing a full sandwich meat conversation,
Speaker 10: but we are. Let's get back to it.
Speaker 3: For a second, I thought she was going to go
Speaker 3: on to explain like Devon, like you know, like the
Speaker 3: smiley face devon. Oh yes, And you know what, when
Speaker 3: I was growing up, I used to think I was
Speaker 3: so hard done by it because so many kids in
Speaker 3: my class got Devon sandwiches with tomato sauce, and like,
Speaker 3: I used to trade my mum's sandwiches for those, And
Speaker 3: in hindsight, like my mom used to bake the bread.
Speaker 3: My mom used to make like these beautiful salad sandwiches,
Speaker 3: and I would hate on them so hard for because
Speaker 3: I'd be like, ill, she puts mail on them and
Speaker 3: the mayo goes soggy and all they wanted was a
Speaker 3: Devon and sauce sandwich. Yeah, strasin sauce is what they
Speaker 3: called it. Yep, jealous.
Speaker 7: You used to be crazy how everything's got a different
Speaker 7: name every week go.
Speaker 4: You know.
Speaker 1: Yeah, it's like if I say, what's a prima?
Speaker 6: Like a juice box?
Speaker 1: But would you call them primus? You call them like,
Speaker 1: no prima.
Speaker 3: In my head, I thought of like hem, Yeah, so
Speaker 3: like at school, we used to call them premias, and
Speaker 3: I was having this conversation.
Speaker 1: Brand, wasn't it Yeah yeah yeah, no, definitely different.
Speaker 2: No.
Speaker 3: I am glad that we got that whole sideline sorry, God,
Speaker 3: how did we get there? How did we get to
Speaker 3: Devin and jess Rickie?
Speaker 7: Somehow we always end up in the same spot with
Speaker 7: our broke tip money wins.
Speaker 1: We really are. And I was gonna say, if you try.
Speaker 7: And either do what our listener did with the dice
Speaker 7: and kind of reach out. I just recommend if anything
Speaker 7: breaks anywhere in the world in something you know, something
Speaker 7: that you own, let's say your dice and hair app
Speaker 7: or whatever. Try And I was going to say, market
Speaker 7: go and market place and look for the parts or
Speaker 7: google the parts and.
Speaker 1: Just choose a hand. Deep down you have.
Speaker 7: My robot vacuum, like the little brushy thing e. I
Speaker 7: replace those myself. Yes, And some people will be like,
Speaker 7: I don't understand what's happening here. I'm just gonna get
Speaker 7: a whole new, brand new one, you know, And so
Speaker 7: just just try and do that first, or yes, go
Speaker 7: to customer service. I'm sure there's a cheaper way. If
Speaker 7: you've bought it once, you shouldn't have to buy it
Speaker 7: again and again, you.
Speaker 6: Know what I'm saying.
Speaker 7: Yes, and oh sorry that one came from Emma. I'm
Speaker 7: giving you credit where credit is to you and my
Speaker 7: one for this week is if you can afford it.
Speaker 7: So just want to like a tiny, little, very very
Speaker 7: short backstory, you know how I'm saying that I have
Speaker 7: like a million gym memberships.
Speaker 1: Do you still have a millionaire?
Speaker 7: I canceled all of them, I want to know on
Speaker 7: but I got another one, just one, just one, So
Speaker 7: it's like all clean. And I was like, you know,
Speaker 7: signing up, and I realized that this is probably more
Speaker 7: so if you are in a position of, you know,
Speaker 7: you have some money to put towards something, which is
Speaker 7: already a very privileged position to be. And so of course,
Speaker 7: but as I was signing up, he gave me options
Speaker 7: or three dollars per week or one hundred dollars a month,
Speaker 7: or twenty dollars a week if I paid bi annually.
Speaker 10: Oh yeah.
Speaker 7: So it just made me realize, like, if you can
Speaker 7: afford that, try to do I know a lot of
Speaker 7: just that.
Speaker 3: It's where money has power, right, Like, that's where I
Speaker 3: would call that, in the most non offensive way possible,
Speaker 3: the poor tax. Yes, I agree, And I feel like
Speaker 3: that is so rude because they're saying, if you've got
Speaker 3: the cash, will give you an even better deal. Yeah,
Speaker 3: and I love that, but the people who need the
Speaker 3: better deal are the ones that don't have heaps of cash,
Speaker 3: which I think is why it's so important to get
Speaker 3: on top of our budgeting and our cash flow so
Speaker 3: that we can seize opportunities like that. Like, how good
Speaker 3: would it be if you had a heap of cash
Speaker 3: in like saved, not even heaps, but like enough cash
Speaker 3: so that you can save cash? Yeah, exactly, it's so
Speaker 3: frustrating exactly.
Speaker 7: But even if you like what because legitimately what I'm
Speaker 7: gonna do is put twenty bucks away every week for
Speaker 7: six months, Yeah, and then hopefully I'll be able to
Speaker 7: afford it, because right now obviously it cannot. But I
Speaker 7: just thought, like, wow, wow, those people really be getting
Speaker 7: some benefits.
Speaker 3: Same thing happens with like your life insurance and your
Speaker 3: car insurance and like all of these other things. They
Speaker 3: often offer a pretty nice discount to do a lump sum.
Speaker 7: Yeah, and like rude, I know, but anyway, that broke
Speaker 7: tip is somewhat depressing, but also just good to know
Speaker 7: it's actually a good broke tip, Thank you so much.
Speaker 1: Also, if they.
Speaker 3: Don't offer that and you have the cash, ask yeah,
Speaker 3: what if I paid for a year can I get
Speaker 3: a discount totally?
Speaker 1: Yeah, do that. I think that's a good one. I
Speaker 1: love that.
Speaker 3: All right, Well, how about we go to a really
Speaker 3: quick break we can talk more about party food and
Speaker 3: on the flip side, we're going to be talking about
Speaker 3: setting boundaries and knowing your worth, which is something I
Speaker 3: am wildly passionate about talking about and something that you
Speaker 3: slid into our dms about this week. What do you
Speaker 3: do when you want to leave a relationship but financially
Speaker 3: you just can't see how that's going to work?
Speaker 1: Guys, don't go anywhere.
Speaker 6: Welcome back, everybody. Let's take a listen to this week's
Speaker 6: money dilemma.
Speaker 7: Hi.
Speaker 3: There, have you got a money dilemma you just can't
Speaker 3: solve The She's on the Money team is here to help.
Speaker 3: Every week we tackle your dilemmas, both big and small,
Speaker 3: to answer your most burning money, career and life questions.
Speaker 3: To get involved, simply head to our website and leave
Speaker 3: us a short voice recording and you might just find
Speaker 3: yourself on the show. Now, let's take a listen to
Speaker 3: this week's money dilemma.
Speaker 4: Hi, guys, I have a money dilemma with a side
Speaker 4: hustle that I really should be turning into a business,
Speaker 4: because I feel that it's gone too far. I work
Speaker 4: full time in a quite a good paying job, and
Speaker 4: I also work casually in another quite good paying job, so.
Speaker 1: My time's quite full.
Speaker 4: But on the side, I also do a lot of
Speaker 4: photography and videography work as a hobby. This hobby has
Speaker 4: really expanded and I've had a lot of people reach
Speaker 4: out to do their weddings. I've also had local councils
Speaker 4: reach out to ask me to do events like it's
Speaker 4: become quite a big thing. My issue is every time
Speaker 4: I do a large job, so like a full day
Speaker 4: wedding with videography or like a big event, I can't
Speaker 4: charge them. I feel really guilty and I let them
Speaker 4: have the work free, even though I have spent hours
Speaker 4: doing this. I'm now beginning to hate photography, so I
Speaker 4: don't know what to do. I don't know how to
Speaker 4: now start charging or whether this is something I should
Speaker 4: completely stop and just let this hobby go.
Speaker 1: Please help.
Speaker 4: I'm burning myself out in doing this, but I also
Speaker 4: really struggle to say no.
Speaker 1: Girl, no stop that I want to get it. I
Speaker 1: like tap tap tap on your hands, like absolutely not,
Speaker 1: I get it.
Speaker 3: I get it, Like I get it too, but like
Speaker 3: it's not just about knowing your worth, Like people are
Speaker 3: genuinely taking advantage of you.
Speaker 1: We know that you're bad at saying no.
Speaker 4: Yeah.
Speaker 5: Those industries specifically, like weddings particularly, are known for being
Speaker 5: really lucrative for photographers and videographers understandably, so it's a
Speaker 5: lot of hard work and it's judging on that. But
Speaker 5: like knowing what people pay for wedding photographers and they
Speaker 5: know as well. If you're saying that those are big organizations,
Speaker 5: it's not like, oh I did like a shoot for
Speaker 5: a girlfriend who's starting a brand who maybe didn't know
Speaker 5: how much photographers get paid, right, yeah, But like you're
Speaker 5: saying you did big, They've done this before.
Speaker 1: This ain't their first rodeo.
Speaker 3: I get so angry about big organizations taking advantage of
Speaker 3: smaller people. It actually happens so much, And Jess can
Speaker 3: attest to this in our industry as well, of like
Speaker 3: people reaching out and expecting that I would speak at
Speaker 3: events for free, or expecting that I would go on
Speaker 3: a panel for free when they're selling tickets to that
Speaker 3: event and making money off it. Like there are so
Speaker 3: many can you imagine Jesse, if I went public with
Speaker 3: who takes advantage like, you would be shocked. Obviously I'm
Speaker 3: not gonna do that, but you would be shocked about
Speaker 3: the level of audacity that some organizations have and how
Speaker 3: much power they hold. Like it's often the smaller businesses
Speaker 3: that are like, oh my god, like how much does
Speaker 3: it cost to do xyz? Because we'd love the opportunity
Speaker 3: to work with you. And they're the ones that we're like,
Speaker 3: hold on your brand new small business like gol We'll
Speaker 3: do that, you know, for free or for a significant
Speaker 3: discountel look after you. But like, it's the big business
Speaker 3: says that take advantage and that kisses me off. I
Speaker 3: don't think she should stop doing something she loves. We
Speaker 3: need to flip it, though, into something that you continue
Speaker 3: to love because you don't like it because it's being
Speaker 3: associated with being taken advantage of and that's not fun.
Speaker 1: Beck, what would you do in this situation?
Speaker 7: Well, I totally totally get this feeling, because obviously I
Speaker 7: do like little arts and crafts on the side, and
Speaker 7: when someone asks me for a commissioned piece something that.
Speaker 3: I did and I tried to pay you for it
Speaker 3: and you said no, So I don't know what to
Speaker 3: do about this situation.
Speaker 7: So well, this is the thing is that if it's commissioned,
Speaker 7: then it's like someone's giving me an idea and I'm
Speaker 7: making it and they have no control over how it's
Speaker 7: going to look. I have no control over whether they'll
Speaker 7: enjoy it or not. And so in those situations, which
Speaker 7: is weird because commissioned you expect, in any other situation
Speaker 7: to be more expensive. Those pieces I do not even
Speaker 7: charge for because no, I don't know what.
Speaker 1: I have a back, so I'm still going to pay it.
Speaker 3: No, they might hate it, I don't know, and so
Speaker 3: that's I'm not going to hate it. It was made
Speaker 3: with love by beck That's why it's very sweet.
Speaker 5: But can you just put a step in the middle
Speaker 5: in an instance where you're like, oh, I'll draw up
Speaker 5: a quick sketch so you have an understanding of what
Speaker 5: it's going to look like.
Speaker 7: Kind of it it depends on because if it's ceramics,
Speaker 7: and it depends on like it will look different after
Speaker 7: both firings and after I've hand molded it, and like
Speaker 7: there's no telling. So I'm sorry asking for a custom
Speaker 7: piece based on seeing your previous custom work and enjoying
Speaker 7: the way you craft things.
Speaker 1: No, you charge for that, that's true.
Speaker 7: Well, the thing I've decided to do is just not
Speaker 7: do and maybe this will help for this person as well.
Speaker 7: I'm not gonna do commission pieces unless, like you know,
Speaker 7: it's a friend or something. And I because I actually
Speaker 7: do enjoy doing it, it's not a problem for me.
Speaker 7: But what I'm gonna do instead is I'm going to
Speaker 7: make stuff and then put it online with already a
Speaker 7: price on it, and then they people pay for it,
Speaker 7: and then I sell it. Because that way, I can
Speaker 7: imagine with this person, like they've come in, they've been
Speaker 7: asked to a job, they come do the job. Afterward,
Speaker 7: when they're discussing money, it's like, oh, this is really awkward.
Speaker 7: I don't want to do this. I'm not going to charge.
Speaker 7: But instead, if you had an option, maybe like an
Speaker 7: online situation where someone paid in advance, you pay for
Speaker 7: a let's say like a package where you're like, I
Speaker 7: send one hundred photos, I take out however many I
Speaker 7: send you one hundred, I have a thirty second video.
Speaker 7: You have packages, and you pay for the package in advance,
Speaker 7: so by the time you go and do the work,
Speaker 7: everything's being paid for. You don't need to discuss it.
Speaker 7: You send everything you need. It says a problem after
Speaker 7: they'll come to you, and then you can be like
Speaker 7: and the chances of them coming back to you and
Speaker 7: being like, I have a problem with whatever, then you
Speaker 7: know the chance is very low. So but if that happens,
Speaker 7: then you can decide to give fifty percent back or
Speaker 7: all of the back, or whatever the hell you want
Speaker 7: to do. But paying an advance and just completely separating
Speaker 7: yourself from them. It's just a complete stranger on your
Speaker 7: website deciding to buy something. You get notified someone's paid
Speaker 7: for a service, then you go forward with the service.
Speaker 7: That kind of like because I get I really get
Speaker 7: the feeling of like talking to someone and then be
Speaker 7: like how much is this and be like.
Speaker 3: Ah, it's really awkward, am I? And that's where I
Speaker 3: that's where I think you need to get really clean
Speaker 3: and clear on your language, and like, this is something
Speaker 3: that I think Jess is really bloody good at. So yes,
Speaker 3: let's pretend it's us for a hot second, because it's
Speaker 3: really good and it does have example right, So let's
Speaker 3: pretend that we've got a client that we worked with
Speaker 3: and that's never paid us, and we're like, yeah, cool,
Speaker 3: we would like to be now paid for the work
Speaker 3: that we do.
Speaker 1: How would you approach that? I think?
Speaker 6: So what we because.
Speaker 3: Also backtrack for those of you because we've got a
Speaker 3: lot of new listeners at the moment, which is very cool.
Speaker 1: Jess.
Speaker 3: There's also head of Partnerships for she's on the money.
Speaker 3: So she's not just like the hot girl that's on
Speaker 3: our podcast, is she like? She's also actually really really
Speaker 3: smart in this space. So you've come to the right place, guys.
Speaker 5: Yeah, I think the biggest thing, and this is something
Speaker 5: you taught me VD, is just operate on the assumption
Speaker 5: when somebody comes to you, like someone says, hey, I
Speaker 5: really want to work with you, even though they haven't
Speaker 5: said it, they want to pay you for your work,
Speaker 5: because in our minds, we assume that all professionals should
Speaker 5: be paid for the jobs that they're doing, so because it's.
Speaker 3: Way more awkward if they have to put on the table. Oh,
Speaker 3: I just assumed you'd work for free, correct And you go,
Speaker 3: I don't know why you would have had that assumption
Speaker 3: as opposed to working on the opposite assumption that they
Speaker 3: think it's going to be free, and you have to
Speaker 3: convince them yea, because that is a power play.
Speaker 1: Yeah.
Speaker 5: So it's when someone messages you or emails you or
Speaker 5: whatever it is and says, hey, we really love to
Speaker 5: work with you. The first thing that you should be
Speaker 5: doing is sending off your rate card. So what Beck
Speaker 5: was saying, whether you have individual you know, you might
Speaker 5: have a day rate, a half day rate, or packages
Speaker 5: for you know, X amount of photos, x amount of hours, whatever,
Speaker 5: however you want to set it up, have a think
Speaker 5: about what you want to charge, look at other people
Speaker 5: in your industry, put.
Speaker 3: Together what that looks like for you. Anytime someone inquires
Speaker 3: with you, you're oh, my goodness, I would love to
Speaker 3: help you bring your vision to life.
Speaker 5: This is so exciting. I've attached my rate card. Let
Speaker 5: me know if you've got any questions, because that then you.
Speaker 1: Can go from there.
Speaker 3: You're like putting a line in the sand that these
Speaker 3: are your expectations.
Speaker 1: And now these.
Speaker 3: People have to come back and say, oh, well, we
Speaker 3: were actually hoping you'd do it for free, or we
Speaker 3: are we didn't expect that, and that's so fine.
Speaker 1: But I think it's about updating your language.
Speaker 3: So if we've done it, for free historically, Like, even
Speaker 3: if we've done it for free, we can use the
Speaker 3: language of like, oh, hey, we've actually recently updated our rates. Yeah, yes,
Speaker 3: my rates before were zero, but now I'm charging for them.
Speaker 1: I don't have to justify that to you.
Speaker 3: I do not owe you an explanation on wanting to
Speaker 3: be paid for work that I'm doing. Like, I don't
Speaker 3: owe you an explanation. So, hey, our rates have updated recently.
Speaker 3: I've actually attached them for you. Have a quick look
Speaker 3: at that, and then once you've got a good idea
Speaker 3: of what you want to lock in, let me know when.
Speaker 1: We can have a meeting.
Speaker 6: Yeah.
Speaker 5: Correct, And from there you can negotiate, you can do whatever.
Speaker 5: If you want to offer discounts for friends and family,
Speaker 5: you can do all those things. But I think it's
Speaker 5: genuinely just going oh, like, my default is I charge
Speaker 5: these prices, and my expectation is that anyone contacting me
Speaker 5: would understand that there's a fee attached, and I'm just
Speaker 5: letting them know what those fees are one hundred percent.
Speaker 1: That's really nice.
Speaker 3: Also, how good is the transparency of letting people know
Speaker 3: the fees before wasting either of our times on having
Speaker 3: a conversation, because there's nothing worse right even as me. Like,
Speaker 3: you know, let's say I am hiring a new photographer
Speaker 3: and I do this all the time, and you know,
Speaker 3: I'm engaging the service of somebody in a once off capacity.
Speaker 3: We're doing a cute Xella money photoshoot, and I want
Speaker 3: to work with somebody I love when they send the
Speaker 3: rates first so that I know what to expect, because
Speaker 3: then I'm not having a whole conversation about me being like, oh,
Speaker 3: I found you on Instagram and I really liked your
Speaker 3: work and I really want to work with you. And
Speaker 3: then the rate comes back at like five times what
Speaker 3: I had thought it might be, and then I have
Speaker 3: to go, oh, hey, like that's actually not in budget
Speaker 3: for us right now, like I've wasted their time, I've
Speaker 3: wasted my time. If they are giving me the rates upfront,
Speaker 3: I can go, oh my goodness, I'm brainstorming in my head. Okay,
Speaker 3: well that fits in budget, and oh I could add
Speaker 3: in this social aspect, all this, this and this. It's
Speaker 3: an opportunity for upsell before you've even sold to me. Yeah,
Speaker 3: Like I'm looking at that and going okay, well that's
Speaker 3: reasonable and that if it's not within budget. I might
Speaker 3: go back and be like, hey, Jess, for example, I've
Speaker 3: had a look at your rate card and unfortunately it
Speaker 3: doesn't fit within budget. Thank you so much for your time.
Speaker 3: That's then their opportunity to if they wanted.
Speaker 1: To offer a discount.
Speaker 3: But from my perspective, I'm not undervaluing a freelancer or
Speaker 3: a service provider by saying can you do it cheaper.
Speaker 3: It's like, there's a reason they have those rates, And
Speaker 3: if they have those rates, I can promise you they
Speaker 3: have thought long and hard about what their value is
Speaker 3: and just because I can't afford it doesn't mean they
Speaker 3: have to lower their prices to meet my expectations.
Speaker 6: No, it's actually it's the flip.
Speaker 5: Really like, if that's what happens when someone comes back
Speaker 5: and goes, oh, I'm so sorry, I only had Let's
Speaker 5: say you're going to charge two thousand and they only
Speaker 5: had one thousand, that's your opportunity to say, okay, four
Speaker 5: one thousand dollars. I can do xyz and maybe you
Speaker 5: drop some of the deliverables off, or you take a
Speaker 5: couple of hours off of the day so ice they're
Speaker 5: doing a full day, or do a half day or
Speaker 5: something like that, like that's your chance to then go, Okay,
Speaker 5: well I we can negotiate this XYZ within your existing budget,
Speaker 5: because I think the thing for freelancers all of the
Speaker 5: time is the fear of when you you're scared of
Speaker 5: putting your rates out there. And I get this as
Speaker 5: someone who freelances. You're scared of putting your rates out
Speaker 5: there and then the opportunity going away completely. You're almost like, well,
Speaker 5: I'd rather to have one hundred dollars than no money
Speaker 5: at all.
Speaker 3: But if you're being paid to begin with, I don't
Speaker 3: think you should be working with those people. To be
Speaker 3: quite blunt, like, yeah, if you are working with people
Speaker 3: that you adore but they aren't paying you, and then
Speaker 3: you put rates on the table and they go away,
Speaker 3: they were never there for you. They were there because
Speaker 3: they were able to take advantage of you. They weren't
Speaker 3: there because they're like, oh, Jess is the best ever
Speaker 3: there this? Go find your people. Go find clients that
Speaker 3: actually pay you. Go find people that see value in
Speaker 3: the work that you have, because right now you're just
Speaker 3: finding free loaders who are taking advantage of a situation.
Speaker 1: Let them go find someone else.
Speaker 5: Yeah, and local councils specifically always have budget allocated of
Speaker 5: these things they do before.
Speaker 6: Like they have budget, so like they can afford to
Speaker 6: pay you.
Speaker 1: Yeah, one hundred percent.
Speaker 3: And like if they have decided that they want you
Speaker 3: and you've put rates on the table, it can be
Speaker 3: so overwhelming putting your rates out and being like, oh,
Speaker 3: i'm exper hour, I'm this, or i'm that. You're like
Speaker 3: what if they come back, if they really want you,
Speaker 3: they're going to come back and politely explain, I'm so sorry, Jess,
Speaker 3: we don't have budget, and that's your opportunity to let
Speaker 3: them know what.
Speaker 1: That looks like.
Speaker 3: But then on the flip side, it means that they
Speaker 3: always see your value, so like that they know that
Speaker 3: they're getting a significant discount. Like and we always if
Speaker 3: we're working with a client at a discount, which we
Speaker 3: do sometimes, we always make sure we articulate why we're
Speaker 3: doing it, so we're not just like, oh, yeah, we
Speaker 3: could definitely do it for less. We're like, oh, look
Speaker 3: we've had it, and we'll taliate to the clients for examples,
Speaker 3: yeah for example exactly, but we will articulate to them
Speaker 3: why they are getting a budget discount or whatever it is,
Speaker 3: because I might go, look, you're a really good brand
Speaker 3: for my community, and while you don't have budget, I
Speaker 3: think that they would get a lot of value out
Speaker 3: of this as well. We clearly don't do this often,
Speaker 3: but it gives us an opportunity to build the relationship,
Speaker 3: and they're obviously grateful because it now fits within budget.
Speaker 3: But then if they revisit us again, like the same rate, supply,
Speaker 3: I can't always discount my rates, so we're not setting
Speaker 3: an expectation that now our relationship is worthless, like I'll
Speaker 3: work for less this time and we'll see how it goes.
Speaker 1: Because I think that.
Speaker 3: The community would love it, or I think that this
Speaker 3: would work really well, and I think going from there.
Speaker 3: But like, if people are taking advantage of you, they
Speaker 3: are not your people. They're not good clients, full stop.
Speaker 1: End of story.
Speaker 7: Yeah, yeah, start charging for your work.
Speaker 1: Go on before I actually lose my mind.
Speaker 3: Guys, we had a DM this week and you know what,
Speaker 3: this one makes me really sad because there are lots
Speaker 3: of people in this situation.
Speaker 1: Would you like to hear it? Yes? Please?
Speaker 3: High shes on the money. I haven't told anybody this yet.
Speaker 3: I want to leave my husband, but I don't think
Speaker 3: I can afford to financially. We've wrapped up debt in
Speaker 3: both our names over the years, and most of it
Speaker 3: was from his spending, as it's in both of our names.
Speaker 3: If I walk away, I still owe Huff. I've run
Speaker 3: the numbers and between rent bills and my share of debt,
Speaker 3: I actually don't think I can make this work on
Speaker 3: my own. I feel completely stuck. I'm trapped in a
Speaker 3: relationship I don't want to be in because of money.
Speaker 3: Has anyone else been here? How do you leave when
Speaker 3: it feels financially impossible.
Speaker 7: I'm really glad we're talking about this because there's so
Speaker 7: many people in this situation, and it will always looks
Speaker 7: so different. In the most ideal world, your husband is
Speaker 7: a very sweet person and is willing to work with
Speaker 7: you on this, But in a lot of cases, either
Speaker 7: they're really hostile, they're not very happy that you want
Speaker 7: to separate, and they're going to make things very difficult
Speaker 7: for you, and in really, really really sad cases, they're
Speaker 7: quite abusive and you feel scared for your life to leave.
Speaker 1: It's so cooked.
Speaker 3: It gives me goosebumps talking about this because there are
Speaker 3: so many women that have approached me over the years
Speaker 3: in this exact situation, and just I don't want anyone
Speaker 3: to be in that, Like I want you to have cash,
Speaker 3: not just so that we can buy cool shiny things.
Speaker 3: I want you to have cash that you've got choices
Speaker 3: so you can leave a situation you don't want to
Speaker 3: be in, whether that is a partner or a workplace,
Speaker 3: or even just like you're out for the night and
Speaker 3: you don't want to be anymore and you don't feel
Speaker 3: safe getting the train home, Like I want you to
Speaker 3: be able to leave places, and all women deserve that,
Speaker 3: Like it just, oh my god, Beck, it just upsets.
Speaker 7: Me totally, and what I immediately think of now, I
Speaker 7: don't know, I don't know how financially smart this is,
Speaker 7: but I'm just thinking about like my world and my
Speaker 7: mom as well. Like luckily for us, we were in
Speaker 7: a situation where, like you know, we were scared for
Speaker 7: our lives or scared of being harassed and kind of
Speaker 7: like chased down for leaving. So we were very lucky
Speaker 7: in that situation. But the first thing that came to
Speaker 7: mind was can you maybe if it's wise or possible
Speaker 7: for you, I would file for bankruptcy. Personally, this is
Speaker 7: probably not good advice, but I would file for bankruptcy.
Speaker 1: I would clear that debt.
Speaker 7: I would get myself a job anywhere I can, and
Speaker 7: just be like, Okay, I'm starting from zero now, and
Speaker 7: I'm going to move into a sharehouse, or I'm going
Speaker 7: to go and look at what resources are available, maybe
Speaker 7: a what are they called, sorry, the women's shelters. Sorry,
Speaker 7: that's the word. With or without children? Obviously it's very
Speaker 7: very difficult, but without I'm thinking as long as you're
Speaker 7: kind of like starting from scratch, I'm also assuming there
Speaker 7: are not sources available, friends, family, things like that, just
Speaker 7: in case, so shelters. Personally, i'd file for bankruptcy. I
Speaker 7: don't know about you, guys, because I'm like, I'm trying
Speaker 7: to leave a situation and I can't afford to it,
Speaker 7: literally cannot afford to do that. And so I'm finding
Speaker 7: as cheap and as affordable housing as I can. I'm
Speaker 7: getting any job that I can. My priority right now
Speaker 7: is not to get on top of my debt and
Speaker 7: get on top of my finances and make sure I've
Speaker 7: got an emergency fund. As not my worry right now.
Speaker 7: My worry is feeding myself, finding housing starting from there,
Speaker 7: and then going wherever the hell you can. But yes,
Speaker 7: that's my advice. I don't know if you guys are
Speaker 7: on the bankruptcy train with me.
Speaker 1: It does. It depends how much debt.
Speaker 3: It depends how much how much debt because bankruptcy, while
Speaker 3: I know you've spoken publicly about having utilized that yourself,
Speaker 3: you were in so much debt that you weren't going
Speaker 3: to get out of it. Like you know, bankruptcy stays
Speaker 3: on your record for seven years, and there's a lot
Speaker 3: of stuff that like a lot of criteria that you
Speaker 3: need to meet during that period of time, right and
Speaker 3: like you've like is the word struggled or you've you've
Speaker 3: dealt with this over the last yeah, six or seven years,
Speaker 3: like your phone plan.
Speaker 7: Yeah, And I do want to say, like for context
Speaker 7: and just so this person knows, I don't think it
Speaker 7: has affected me at all. But I also haven't needed
Speaker 7: to get a home loan or anything like that. But
Speaker 7: right now I am able to get everything because it's.
Speaker 3: It was tweet if it's like thousands and thousands, or
Speaker 3: if it's like two thousand dollars worth of debt at
Speaker 3: this point and like it's a good option, but I
Speaker 3: think from my perspective, it wouldn't be the first Porto call, Like,
Speaker 3: I want you to make a plan and see what
Speaker 3: we can do with outgoing bankrupt because I literally run
Speaker 3: a mortgage broking business. I have seen women come out
Speaker 3: of these situations and in two years flip their entire
Speaker 3: situation and own their own home. And like, I don't
Speaker 3: want anybody to have to wait because of a situation
Speaker 3: they were in. I think for you it made a
Speaker 3: lot of sense. And like there are and we've done
Speaker 3: podcasts on bankruptcy. Maybe we'll link them in the show
Speaker 3: notes as well. But there are so many situations where
Speaker 3: bankruptcy is the perfect bit like clean slate for somebody,
Speaker 3: like it just wipes everything. It is actually sometimes so
Speaker 3: empowering to go, you know what, I'm going to surrender
Speaker 3: to this, wipe me clean. I know that there are
Speaker 3: like rules and regulations and whatever that I'm going to
Speaker 3: have to abide by, but that is so much better
Speaker 3: than the fifty plus years it probably would have taken
Speaker 3: me to get out of that debt. And I can
Speaker 3: just start building well for on my own and taking
Speaker 3: my power back. I adore that, but like, let's look
Speaker 3: at all our options that can be one of them
Speaker 3: and make the decision that makes sense for our situation.
Speaker 1: If that is fair, ess what would you be doing?
Speaker 5: I'm not sure if how Lis is only sorry, it
Speaker 5: sounds like maybe you have, but if you haven't running
Speaker 5: a full budget of what you would need to pay
Speaker 5: to exist on your own, because obviously, as you're kind
Speaker 5: of getting out, in addition to taking on your debt,
Speaker 5: repayments and stuff, you're going to be no longer splitting
Speaker 5: costs that historically you probably were, like the cost of.
Speaker 6: Food, your electricity, you're housing.
Speaker 5: So put together a budget, figure out what that housing
Speaker 5: situation looks like. Are you looking at shelters, are you
Speaker 5: looking to share house? Have you got somebody you can
Speaker 5: move in with? How long will that term be for?
Speaker 5: Run your numbers, figure out what you need to live on,
Speaker 5: figure out what the deficity is, and then go, Okay,
Speaker 5: do I need to get a second job? You know,
Speaker 5: it's no one wants to do that, but as someone
Speaker 5: who works two jobs for the majority of their working life,
Speaker 5: it's doable.
Speaker 2: You know.
Speaker 5: It's sometimes we have to sacrifice short term to put
Speaker 5: ourselves in a good position long term. So whatever hold,
Speaker 5: whatever job you've got now, can you waitress in the
Speaker 5: evenings or on the weekends, can you bartend? Can you
Speaker 5: do some kind of shift work, warehousing. There's a lot
Speaker 5: of options out there. It is hard, like I'm not
Speaker 5: going to lie to you, but it is better than
Speaker 5: being in a situation that you don't want to be in.
Speaker 5: Once you've got an idea of your numbers, I would
Speaker 5: also be calling our friends in the National Debt Help
Speaker 5: Line they are to spread.
Speaker 1: About them out. Yes, absolutely, they're a great resource.
Speaker 5: They have access to financial counselors. They'll be able to
Speaker 5: be financial counselors, and they will be able to help
Speaker 5: you come up with a plan. They have access to
Speaker 5: a lot of resources. They're well versed in all the
Speaker 5: support programs that are available. You know that our government
Speaker 5: assistance programs for people who are leaving hard situations. Again,
Speaker 5: we don't really know exactly what your situation looks like,
Speaker 5: but if those resources are needed, they will be able
Speaker 5: to point you in the right direction. So have a
Speaker 5: chat to them because they will be able to kind
Speaker 5: of table for you what all the options are. It
Speaker 5: will likely include bankruptcy as an option. It might include,
Speaker 5: you know, consolidating your debt. They will be able to
Speaker 5: talk you through all the different things having looked at
Speaker 5: your situation holistically, because obviously, where we've just got a
Speaker 5: DM to go off of, we we can only provide
Speaker 5: very generalized insite. So I think having someone look at
Speaker 5: your situation in depth and provide you all of your
Speaker 5: options will probably be really empowering for you to help
Speaker 5: you see what the right move is. So I would
Speaker 5: be having a chat to them and yeah, I would
Speaker 5: really just be running your numbers and seeing, Okay, well
Speaker 5: how much money do I need to make and what
Speaker 5: can I do to make that happen? Because it is
Speaker 5: a short term thing. We've said before, living by yourself
Speaker 5: is far more expensive than living with a cup. That's
Speaker 5: unfortunately just the reality of it. But there are lots
Speaker 5: of things that you can do to lessen that burden,
Speaker 5: like share housing and things like that too.
Speaker 7: Yes, also sendlink is also a really good option. Also,
Speaker 7: if you're on sendlink for a certain amount of time,
Speaker 7: you can claim financial hardship. It's a whole thing.
Speaker 3: Maybe just Google yah literally can get in touch with
Speaker 3: the National Debt Helpline. They are incredible and They're not
Speaker 3: just for people who are up Chip Creek without a paddle.
Speaker 3: I think so many times you think you can't call
Speaker 3: these services because your situation isn't bad enough for that,
Speaker 3: you aren't as in need just call like because they'll
Speaker 3: let you know and be like, oh, actually you're fine,
Speaker 3: and maybe that's the validation you need to leave, Like
Speaker 3: you might be not budgeting correctly and they can like
Speaker 3: tweak a few things and then you're on in your.
Speaker 1: Way, right.
Speaker 3: Yeah, But I think that the other thing I want
Speaker 3: to say is one eight hundred. Respect is a really
Speaker 3: fantastic resource that again is underutilized because so many times
Speaker 3: you think, oh, I have to be in a super
Speaker 3: abusive relationship or I have to be in these like
Speaker 3: really really bad situations to reach out. But you could
Speaker 3: pick up the phone and they can give you the
Speaker 3: emotional support you need, a little bit of guidance, like
Speaker 3: some resources that are going to point you in the
Speaker 3: right direction and on the right path. And then also
Speaker 3: it takes a village, so like you've obviously sat down
Speaker 3: and done all of the numbers and you're just like
Speaker 3: probably in your own head about the plans and what's
Speaker 3: going on. Sometimes we need to reach out sometimes we
Speaker 3: need to get in contact with these resources. I'm not
Speaker 3: saying you have to tell your friends and family. And
Speaker 3: I feel so privileged to have seen this DM coming
Speaker 3: through because you've just told me. I haven't told anybody,
Speaker 3: but I think I'm going to leave my husband. Thank
Speaker 3: you for trusting us with that. Like, I want to
Speaker 3: know that you are safe and well and on the
Speaker 3: right path. But the best way to do that is
Speaker 3: to literally reach out to some professionals and be like, look,
Speaker 3: I really want to leave my husband, and I have
Speaker 3: done all the budget and I don't think it's going
Speaker 3: to be possible, and they're going to go, Okay, sit down,
Speaker 3: sit down.
Speaker 1: What we can do is and they're.
Speaker 3: Going to be able to lean on different resources and
Speaker 3: work out what you're eligible for, and just they're there
Speaker 3: to help you. They aren't there for the worst of
Speaker 3: the worst situations. They absolutely are, but like they're also
Speaker 3: there for you. So we're going to put those resources
Speaker 3: in the show notes, and I'm hoping that you know,
Speaker 3: you take us up on those because they are literally
Speaker 3: beautiful people. We also asked the community, so we said,
Speaker 3: what would you guys do if you are our community? Member,
Speaker 3: sixty eight percent of you said I'm going to start
Speaker 3: planning for a secret financial exit, sixteen percent of you
Speaker 3: said I'm going to leave even if it means struggling,
Speaker 3: fifteen percent said I honestly don't know what to do,
Speaker 3: and then one percent said I'm actually just going to
Speaker 3: stay to share the financial load.
Speaker 5: It's horrible that people find themselves in a situation where
Speaker 5: they feel that they have to do that.
Speaker 1: Yeah.
Speaker 3: We then asked, have you ever felt stuck in a
Speaker 3: relationship because of money? Fifty three percent of you, thank god,
Speaker 3: said no. Luckily, twenty eight percent of you said no,
Speaker 3: but I've seen it all around me. Thirteen percent of
Speaker 3: you said yes and I left, and six percent of
Speaker 3: you said, yep, I'm still there. So then we said
Speaker 3: we want you two cents, like, what advice have you
Speaker 3: got for our listener? What advice have you got for
Speaker 3: our community member? First person said, legal advice is the
Speaker 3: best step here. Often the debt isn't actually split evenly,
Speaker 3: as overall it may not be fifty to fifty, and
Speaker 3: it can be allocated more to your partner.
Speaker 1: It's a great point.
Speaker 3: Well, I think it's a really good point as well, because,
Speaker 3: like you're just operating under the assumption. Well, both of
Speaker 3: our names are on it.
Speaker 1: It is my debt.
Speaker 3: Like that doesn't mean it can't be negotiated to go,
Speaker 3: hey mate, yes, we're getting a divorce. Obviously financially, we've
Speaker 3: wracked up heaps of credit card debt. It actually was
Speaker 3: all you and not me, and I want to leave
Speaker 3: this relationship cleanly, like obviously might not be as clean
Speaker 3: as this, But they go, yeah, no worries.
Speaker 5: Or can you sell some the asset, Like if he's
Speaker 5: brought a boat, great, like either you take on the
Speaker 5: debt or selling the boat, you know.
Speaker 1: Things like that.
Speaker 3: Yeah, like filing for bankruptcy would impact him as well
Speaker 3: in this situation, so like there might be some ting
Speaker 3: and throwing. And if you talk to the National Debt
Speaker 3: Helpline they can give you options on what that might
Speaker 3: actually look like.
Speaker 1: Someone else said, I've been there, Please call the National
Speaker 1: Debt Hotline. They were awesome.
Speaker 3: Someone else said, what you said, Beck, go to sentling
Speaker 3: and see what you might be entitled to.
Speaker 2: Mm hmm.
Speaker 3: Another person didla a three parter. So first was this
Speaker 3: was me I left with debt as our credit card
Speaker 3: was in my name. I sold our unit at a loss.
Speaker 3: I have regrets as I wish I bought the unit,
Speaker 3: but don't regret leaving him for a minute. That was
Speaker 3: the best decision ever. Now, thirteen years later, I am
Speaker 3: in a great financial position with a fantastic husband and father.
Speaker 3: Isn't that so cute? Someone else said, can you safely
Speaker 3: be honest with him? If not, can you lean on
Speaker 3: your support system, Like can you sit down and have
Speaker 3: a chat, because obviously he doesn't know yet. Someone said,
Speaker 3: stayid with someone eight months un till he paid me
Speaker 3: back the fifteen thousand dollars I lent him and then
Speaker 3: I left.
Speaker 1: I mean, as you should, absolutely, but like.
Speaker 3: They should be paying it back, not be stuck in
Speaker 3: a relationship with you, Like if money is owed, money
Speaker 3: is owed.
Speaker 1: And then I've got two more. Someone said, leave your husband.
Speaker 3: You're going to be better off financially, mentally and emotionally.
Speaker 2: We know.
Speaker 3: And then the last one is my friend tried creating
Speaker 3: a plan, but he continued to increase the debt. You
Speaker 3: actually just need to get help now and leave, yes,
Speaker 3: because like otherwise it might just compound, like he might
Speaker 3: just get more spend ye, And I mean we know
Speaker 3: that if you're not happy and in a relationship spending
Speaker 3: my increase and budgets aren't stuck to like.
Speaker 7: That is a really tricky one, but I do hope
Speaker 7: this is okay. Please keep us updated if you have
Speaker 7: any questions about the bankruptcy thing. I almost got done
Speaker 7: by someone who was like, I'll pay me x amount
Speaker 7: of money and I'll do your bankruptcy. You can do
Speaker 7: it for free by yourself. Let me know if you
Speaker 7: need any help with that, and we'll.
Speaker 5: Put all the links to all the recent as we're
Speaker 5: trying to hundred for anyone you know might need them.
Speaker 5: There's some really great organizations out there that can help
Speaker 5: you get.
Speaker 1: One hundred percent.
Speaker 3: Well that's all from us today, guys. We will see
Speaker 3: you next week. I've got a money diary brighton early
Speaker 3: on Monday morning for you.
Speaker 1: But have the best weekend, by guys.
Speaker 3: By the advice shared on She's on the Money is
Speaker 3: general in nature and does not consider your individual circumstances.
Speaker 3: She's on the Money exists purely for educational purposes and
Speaker 3: should not be relied upon to make an investment or
Speaker 3: financial decision.
Speaker 1: If you do choose to buy a financial.
Speaker 9: Product, read the pds TMD and obtain appropriate financial.
Speaker 1: Advice tailored towards your needs.
Speaker 9: Victoria Divine and She's on the Money are authorized representatives
Speaker 9: of money sheirper Pty Ltd ABN three two one IS
Speaker 9: six four nine two seven seven zero eight AFSL four
Speaker 9: five one two eight ninet