WEBVTT - FRIDAY DRINKS: Auxiliary Spending 0:00:00.200 --> 0:00:05.800 She's on the Money. She's on the Money. 0:00:13.760 --> 0:00:17.400 Hello and welcome. She's on the Money, the podcast for 0:00:17.520 --> 0:00:21.599 millennials who want financial freedom. Welcome to another one of 0:00:21.600 --> 0:00:24.760 our Friday Drinks episodes where we celebrate the money wins 0:00:24.760 --> 0:00:27.480 and confessions from our Shees on the Money community, because 0:00:27.520 --> 0:00:30.440 there are always so many great money wins and confessions 0:00:30.480 --> 0:00:33.280 that are shared every single week in our Facebook group, 0:00:33.400 --> 0:00:36.080 and the team and I, even though we are in 0:00:36.120 --> 0:00:38.199 lockdown from home, spend a very big part of our 0:00:38.320 --> 0:00:41.240 days and weeks talking about the things that you guys 0:00:41.240 --> 0:00:44.280 share in our group slack chat, not the office because 0:00:44.280 --> 0:00:47.160 we're not there. But this episode is all about celebrating 0:00:47.159 --> 0:00:49.800 you guys and the successes that you have and having 0:00:49.840 --> 0:00:53.480 more positive and constructive conversations around money. So let's jump 0:00:53.680 --> 0:00:57.440 straight into it, Tony, what happened in it this week's 0:00:57.440 --> 0:00:58.000 Money Diary. 0:00:58.640 --> 0:01:01.160 So this week's Money Diary, we took to a lovely 0:01:01.280 --> 0:01:05.000 young lady who has had a pretty rough goal of it. 0:01:05.160 --> 0:01:09.200 She had pretty rough upbringing. Her mum introduced her to 0:01:09.319 --> 0:01:13.520 credit and credit cards quite early in her life, and 0:01:13.600 --> 0:01:16.039 now is actually has come through all of that and 0:01:16.200 --> 0:01:19.480 is now killing it. And she said, oh, I'm a 0:01:19.480 --> 0:01:21.480 waitress and I do all this stuff and we're like, oh, okay, 0:01:21.520 --> 0:01:24.480 where do you work? And then she rattled off the 0:01:25.720 --> 0:01:28.440 cost per hour for her to work topless or in 0:01:28.480 --> 0:01:30.920 a bathing suit, and we realized that she's actually a 0:01:30.959 --> 0:01:34.680 stripper and she totally owns it. She fully backs her career. 0:01:34.800 --> 0:01:35.840 It was well, we loved it. 0:01:35.880 --> 0:01:38.040 We just didn't see it coming here. I am thinking 0:01:38.080 --> 0:01:39.560 she's going to be like, yeah, so I work at 0:01:39.600 --> 0:01:42.800 La Palketta and I was like, that is not La Porketta, And. 0:01:42.640 --> 0:01:45.039 She didn't mention it in her email at all. So 0:01:45.120 --> 0:01:48.800 it was really really cool to get a perspective from 0:01:48.840 --> 0:01:51.360 a job that people don't talk about a lot, and 0:01:51.640 --> 0:01:55.000 I mean definitely has a stigma attached to if you 0:01:55.400 --> 0:01:58.840 do that job, it's because of desperation, it's not a choice. 0:01:58.920 --> 0:02:02.800 But Diis this week actually expressed over and over that 0:02:03.000 --> 0:02:05.960 she actually loves what she does and she makes bank 0:02:06.040 --> 0:02:07.440 while she's doing it as well. 0:02:09.760 --> 0:02:13.200 But also she was so smart and so delightful and 0:02:13.280 --> 0:02:15.440 just one of those people that Tony and I walked 0:02:15.440 --> 0:02:17.320 away from that interview being like, oh my god, I 0:02:17.320 --> 0:02:19.720 want to be her friend. She was so nice. But 0:02:19.760 --> 0:02:22.240 I think it's important to really just point out that, 0:02:22.480 --> 0:02:24.280 you know, these roles exist, and there are lots of 0:02:24.280 --> 0:02:26.480 women in now She's on the money community, lots of 0:02:26.480 --> 0:02:29.120 people actually in the community that have roles in the 0:02:29.160 --> 0:02:32.120 sex work industry. And I even have lots of clients 0:02:32.160 --> 0:02:34.679 that work in the sex work industry. And they are 0:02:34.880 --> 0:02:38.000 genuinely some of the nicest people you will ever meet, 0:02:38.440 --> 0:02:41.320 because I think they've always been faced with such adversity 0:02:41.480 --> 0:02:44.720 and so many stereotypes that they are the last people 0:02:44.760 --> 0:02:47.320 to ever judge you. They like so wholesome, and I 0:02:47.400 --> 0:02:49.800 literally love them for that because I just feel like 0:02:49.960 --> 0:02:51.920 they're the type of people that you just want to 0:02:52.040 --> 0:02:53.959 be good friends with and feel like you could tell 0:02:54.000 --> 0:02:54.480 anything to. 0:02:54.840 --> 0:02:56.800 And VI some of the stories that you have about 0:02:56.840 --> 0:02:59.959 clients and how successful they are, it's so easy for 0:03:00.160 --> 0:03:02.359 us to go, oh, you know, what are they doing, 0:03:02.400 --> 0:03:04.080 and then you're like, well, I'll tell you what they're 0:03:04.080 --> 0:03:05.919 doing very well for themselves. 0:03:06.040 --> 0:03:08.040 Yeah, exactly, And I love it. 0:03:08.480 --> 0:03:10.240 I think as well. It's just about opening up the 0:03:10.240 --> 0:03:13.760 conversations around those jobs that people don't really know enough 0:03:13.800 --> 0:03:18.399 about and just have this you know, disillusioned idea from assumptions. 0:03:18.480 --> 0:03:23.160 What yeah, assumptions Watching TV and our money diarists actually said, 0:03:23.200 --> 0:03:24.919 you know, when I tell people what I do, they 0:03:25.000 --> 0:03:27.880 just assume I'm a drug addict. But I'm not that person. 0:03:28.040 --> 0:03:30.880 And I really hope that people listened to that and 0:03:30.919 --> 0:03:33.640 that that changed maybe an idea that they had in 0:03:33.680 --> 0:03:36.120 their head around someone that works in sex work or 0:03:36.160 --> 0:03:39.240 stripping or exotic dancing, because it's so much more than 0:03:39.240 --> 0:03:40.240 what it seems. 0:03:41.120 --> 0:03:44.800 Yeah, exactly. And we were talking about it offline after 0:03:44.960 --> 0:03:47.400 with our money Diris and I likened it to the 0:03:47.400 --> 0:03:50.840 financial services industry and that yeah, there are some pretty 0:03:50.880 --> 0:03:53.760 bad stereotypes about our industry, and you're right, there are 0:03:53.840 --> 0:03:57.000 some really bad eggs, but not everybody in the industry 0:03:57.120 --> 0:03:59.840 is a bad egg and it's really mean to then 0:04:00.040 --> 0:04:04.560 stereotype them based on that experience or that assumption, which 0:04:04.600 --> 0:04:07.520 is not true. So yeah, we'll move away from here. 0:04:07.560 --> 0:04:10.440 We're really passionate about it, but it summarized this sex 0:04:10.480 --> 0:04:12.320 work is real work, and we respect it to the 0:04:12.400 --> 0:04:12.960 end of the earth. 0:04:13.800 --> 0:04:16.080 And so the this week's deep dive, how we go? 0:04:16.279 --> 0:04:18.400 So this week's deep dive was a good one. We 0:04:18.440 --> 0:04:21.279 have tackled the topic before, but you can never tackle 0:04:21.360 --> 0:04:24.599 navigating finances as a couple enough times because there is 0:04:24.680 --> 0:04:28.080 no one size fits all approach. So talking about it 0:04:28.120 --> 0:04:31.400 this week was just really interesting because there's always different 0:04:31.440 --> 0:04:34.320 perspectives on how you should manage money with your partner. 0:04:34.440 --> 0:04:37.279 And I think that the outcome of that was there 0:04:37.320 --> 0:04:39.599 isn't actually a right or a role. I spoke about 0:04:39.680 --> 0:04:42.719 how I manage money with my partner and how Georgia 0:04:42.800 --> 0:04:45.840 might not manage money in the same way. And usually 0:04:45.880 --> 0:04:48.440 with us Georgia, you know what happened on the deep Dive, 0:04:48.480 --> 0:04:51.520 but this week five people on a zoom would have 0:04:51.600 --> 0:04:54.000 just been far, far too much. So Tony and Ryan, 0:04:54.400 --> 0:04:56.520 well done. You made the cut. 0:04:57.360 --> 0:04:59.080 The is it fair to say when you say there's 0:04:59.120 --> 0:05:03.160 no right or wrong answer, would your answer also change 0:05:03.200 --> 0:05:05.800 over time, Like as your relationship changes, you would have 0:05:05.839 --> 0:05:08.279 to update how you do it. So it's not even 0:05:08.400 --> 0:05:10.880 finding the right one for you, but more finding the 0:05:10.960 --> 0:05:14.240 right one for you now and then reconsidering every twelve 0:05:14.360 --> 0:05:15.200 eighteen months or so. 0:05:16.000 --> 0:05:19.720 Yeah, absolutely everything changes, right, And I think that that's 0:05:19.760 --> 0:05:22.440 a really important point that you bring up, because you know, 0:05:22.720 --> 0:05:25.200 I use myself as an example here, but you know, 0:05:25.240 --> 0:05:27.320 Steve and I never shared finances until we had a 0:05:27.320 --> 0:05:29.960 mortgage and now we have a mortgage that was kind 0:05:29.960 --> 0:05:31.960 of a catalyst for us to change that and make 0:05:32.000 --> 0:05:34.479 a decision based on what was going on there. So 0:05:34.920 --> 0:05:37.080 you know, it might be a trigger, like having kids 0:05:37.160 --> 0:05:39.400 or changing something. But in saying that doesn't mean you 0:05:39.480 --> 0:05:42.520 need shared finances. You just might find it easy. You 0:05:42.600 --> 0:05:44.920 might love doing that, and that's okay. But I think 0:05:44.920 --> 0:05:47.360 there's nothing wrong with never sharing your finances with your 0:05:47.360 --> 0:05:50.160 partner as long as you're open and honest about what 0:05:50.320 --> 0:05:52.720 is in your bank accounts and you're not actually hiding 0:05:52.760 --> 0:05:55.719 anything or hiding debt or your spending habits from them, 0:05:55.960 --> 0:05:57.799 because that's then completely negative. 0:05:58.120 --> 0:05:58.320 Yeah. 0:05:58.360 --> 0:06:00.560 Well, there's a couple of hundred comments on the post 0:06:00.640 --> 0:06:02.719 in the Facebook group that you posted v and it 0:06:02.760 --> 0:06:04.599 feels like there's a couple of hundred different ways to 0:06:04.640 --> 0:06:06.880 go about it that all work well for them. So 0:06:06.960 --> 0:06:09.560 that's actually interesting reading through going oh that this works 0:06:09.560 --> 0:06:11.640 well for us, it's completely different for you guys. Oh, 0:06:11.680 --> 0:06:13.440 we do the complete opposite, and we're found this works 0:06:13.440 --> 0:06:15.400 well for us because of this situation and whatever. So 0:06:15.800 --> 0:06:18.000 just reading through that thread and seeing all the different 0:06:18.000 --> 0:06:20.640 ways you can get still a really great result was 0:06:20.640 --> 0:06:23.040 actually fascinating to see all the different ones in it. 0:06:23.839 --> 0:06:26.600 Yeah, But what I learned from all of that, and 0:06:26.640 --> 0:06:29.160 I guess the best summary of that is is the 0:06:29.240 --> 0:06:33.480 key to navigating couples finances is actually communication and talking 0:06:33.480 --> 0:06:35.479 to your partner about how you feel and talking to 0:06:35.520 --> 0:06:37.520 your partner about what you want to do versus what 0:06:37.560 --> 0:06:40.280 they want to do, and deeply understanding why they make 0:06:40.320 --> 0:06:43.080 decisions around money and how they do that. And I 0:06:43.080 --> 0:06:45.560 think that that's where we should all start. Not oh hey, 0:06:45.640 --> 0:06:47.880 I read in the Facebook group that someone does it 0:06:47.920 --> 0:06:49.760 this way and they say it works, and because we're 0:06:49.800 --> 0:06:52.040 the same age, we should do that. Like, that's absolutely 0:06:52.120 --> 0:06:53.880 not the case. Talk to your partner, what are they 0:06:53.880 --> 0:06:56.480 comfortable with? What are you comfortable with? It's actually nobody 0:06:56.480 --> 0:06:59.080 else's business how you manage money with your partner. 0:07:00.000 --> 0:07:00.800 I'm asking Ryan. 0:07:03.440 --> 0:07:05.320 All right, Ryan, I think it is time to get 0:07:05.320 --> 0:07:08.159 into your Ryan's community money wins. 0:07:08.720 --> 0:07:11.920 Yeah, there's a slight twist on the money wins this week. 0:07:12.160 --> 0:07:13.880 No no twist, no twist. 0:07:14.840 --> 0:07:18.360 Jasmine posted in the group what are your best savings hacks? 0:07:18.600 --> 0:07:20.360 Which I guess a good saving hack is a money win? 0:07:20.440 --> 0:07:21.760 Still right? That still count? 0:07:21.920 --> 0:07:24.800 Right? That might be better? So you get your favorite from 0:07:24.840 --> 0:07:26.280 that thread instead this week. 0:07:26.520 --> 0:07:29.360 Yeah, I have, and there's a little side game to 0:07:29.400 --> 0:07:30.600 play as we go through. 0:07:30.920 --> 0:07:32.240 I want to know if. 0:07:34.040 --> 0:07:36.160 I want to know if any of us feel attacked 0:07:36.200 --> 0:07:39.080 with any of the specific hacks, and you'll know what 0:07:39.120 --> 0:07:41.840 I mean when we get to them, all right. Number one, 0:07:42.160 --> 0:07:46.440 this is from NOMSA. She says, just because something is 0:07:46.440 --> 0:07:48.840 on special doesn't mean you are saving. 0:07:50.240 --> 0:07:53.640 Yeah. Man, that's a I definitely agree with that one. 0:07:53.680 --> 0:07:56.160 It's a way that I convince myself I need things 0:07:56.320 --> 0:08:00.440 so I feel attacked. You're not not that attack though. 0:08:00.760 --> 0:08:03.120 I definitely do that because I go like, oh my god, 0:08:03.120 --> 0:08:06.480 this thing that's normally two thousand dollars is fifteen hundred dollars. 0:08:06.680 --> 0:08:08.960 And my boyfriend Torbs goes, yeah, but do you want 0:08:08.960 --> 0:08:12.360 to spend fifteen hundred dollars anyway? I'm like, you're so smart. No, 0:08:12.520 --> 0:08:14.240 I don't real. 0:08:14.160 --> 0:08:18.800 Sure him finances a genius. 0:08:19.400 --> 0:08:20.240 Jessica says. 0:08:21.120 --> 0:08:23.840 My savings hack is the never step foot inside a 0:08:23.920 --> 0:08:25.640 kmart and they got. 0:08:25.480 --> 0:08:26.000 A lot of fun. 0:08:25.960 --> 0:08:28.040 That's a very good but good hack. 0:08:28.480 --> 0:08:31.440 I've actually recently started, and I don't know if this 0:08:31.560 --> 0:08:33.000 is a good or bad thing, but I've had to 0:08:33.040 --> 0:08:37.760 start muting an unfollowing brand Instagram pages that I really 0:08:37.880 --> 0:08:41.240 like because whenever they post, I really like their aesthetic 0:08:41.280 --> 0:08:43.440 and their vibe and things like that. And I just 0:08:43.520 --> 0:08:46.199 find that I buy so much stuff and I can't 0:08:46.240 --> 0:08:49.480 even blame it on sponsored advertising because I'm putting it 0:08:49.520 --> 0:08:52.200 into my own feed. So I'm like, Okay, I've got 0:08:52.200 --> 0:08:54.240 to take it out. I'm doing this to myself. I'm 0:08:54.360 --> 0:08:58.560 zucking myself because I'm literally and putting it into my 0:08:58.600 --> 0:09:01.000 own eyelines. So I've had to out I'm following and 0:09:01.080 --> 0:09:03.520 meeting all these accounts. That's my hack. 0:09:04.000 --> 0:09:07.320 Oh good hack, Tony. 0:09:06.480 --> 0:09:09.640 Maddie's hack, and this is straight at me. 0:09:10.440 --> 0:09:13.720 Eat the food you have in your own house before 0:09:13.800 --> 0:09:15.760 you go and buy takeaway food. 0:09:16.360 --> 0:09:22.240 Okay, Maddie. Nobody asks that specific tip, but my uber 0:09:22.280 --> 0:09:25.679 eats orders. Especially over the last week, I would say 0:09:25.720 --> 0:09:27.760 that I don't have food at home, when that is 0:09:27.760 --> 0:09:28.199 not true. 0:09:28.400 --> 0:09:30.640 Yeah, aren't you having provodor tonight for dinner? 0:09:31.400 --> 0:09:34.280 I am actually having provodor for dinner tonight. I felt like, 0:09:34.480 --> 0:09:36.199 for a little bit of context, our whole She's on 0:09:36.240 --> 0:09:37.920 the Money team is based in Melbourne and all of 0:09:38.040 --> 0:09:41.040 us are in lockdown right now, and this week's been 0:09:41.080 --> 0:09:45.280 a bit challenging for me, and so yesterday I decided 0:09:45.400 --> 0:09:47.920 that I would order a fancy dinner on provod Or 0:09:48.000 --> 0:09:50.960 for my partner and I And after this recording, guys, 0:09:51.040 --> 0:09:56.640 we are having date night yourself. It's just I guess 0:09:56.679 --> 0:09:58.600 it doesn't even matter that we're having provod Or for 0:09:58.640 --> 0:10:00.680 dinner like that is quite fan. I think it's like 0:10:00.720 --> 0:10:03.239 one hundred dollars And I guess that's my money confession 0:10:03.280 --> 0:10:05.520 this week. Just jumping ahead for a second, but I 0:10:05.559 --> 0:10:08.199 think it is actually really important while we're in lockdown 0:10:08.280 --> 0:10:10.800 to just you know, appreciate food and use that as 0:10:10.880 --> 0:10:12.840 kind of an event. And if you've got a partner 0:10:13.040 --> 0:10:15.680 and you're at home or you've got some housemates, instead 0:10:15.720 --> 0:10:18.280 of just eating dinner, like go and sit at the 0:10:18.280 --> 0:10:20.520 table and have a conversation and get a deck of 0:10:20.559 --> 0:10:22.960 cards out or get a board game out and kind 0:10:22.960 --> 0:10:25.280 of make an evening of it, because you know, lockdown 0:10:25.400 --> 0:10:27.560 is really hard on us and you might not feel 0:10:27.679 --> 0:10:29.720 like doing it, but I guarantee you'll feel a lot 0:10:29.800 --> 0:10:33.319 better having done something instead of just another night eating 0:10:33.320 --> 0:10:35.360 dinner in front of the TV on the couch. And 0:10:35.400 --> 0:10:38.120 I just think that, you know, regardless of what you're eating, 0:10:38.120 --> 0:10:40.520 even if you're having like honey sandwiches for dinner, Like 0:10:40.760 --> 0:10:43.679 just get up and eat it somewhere different in your 0:10:43.760 --> 0:10:46.480 house and just kind of make it, make a vibe 0:10:46.520 --> 0:10:46.800 of it. 0:10:46.960 --> 0:10:48.920 That's a really good idea. 0:10:49.000 --> 0:10:51.880 Speaking of feeling attacked, Victoria saying to eat dinner at 0:10:51.880 --> 0:10:54.559 the actual table is one of the most aggressive things. 0:10:54.320 --> 0:10:55.040 I've ever hed. 0:10:55.120 --> 0:10:57.200 I know. That's like your mum yelling at you to 0:10:57.240 --> 0:11:00.400 clean your room because dinner is ready, Like like we're 0:11:00.440 --> 0:11:03.200 coming out and you were eating dinner as a family, Like. 0:11:03.760 --> 0:11:04.800 Yeah, I'll do it. 0:11:04.920 --> 0:11:07.320 Your mum always called you out for dinner before it 0:11:07.360 --> 0:11:09.520 was actually ready. She's like me out of the room 0:11:09.520 --> 0:11:12.040 and be like hey, Victoria, dinner's ready, and you'd like 0:11:12.120 --> 0:11:14.559 run down thinking dinner was ready in the actual faction 0:11:14.679 --> 0:11:16.320 wanted you to set the table. Yeah. 0:11:16.760 --> 0:11:18.600 Maybe that was just you, Victoria, because you knew you're 0:11:18.600 --> 0:11:19.120 always late. 0:11:20.400 --> 0:11:26.680 Oh today I'm attacking Victoria. Wow. 0:11:27.160 --> 0:11:28.760 Yeah, okay, So let's put it on an attack some 0:11:28.800 --> 0:11:32.880 other people instead. Hey, Barbara said, this is actually really impressive. 0:11:32.920 --> 0:11:35.720 Barbara said, my goal in twenty twenty one was to 0:11:35.840 --> 0:11:39.360 not buy work lunches, and so far five months in, 0:11:39.440 --> 0:11:42.800 I haven't bought a single lunch. I've food prepped, and 0:11:42.840 --> 0:11:45.199 I've planned a head and I've had leftovers from last 0:11:45.240 --> 0:11:48.320 night's dinner. Not a single lunch this year, Barbara. What 0:11:48.400 --> 0:11:49.560 a savingsack that is? 0:11:50.280 --> 0:11:54.000 Barbara's Oh, I see you. But do you know what? 0:11:54.440 --> 0:11:56.600 You know how we were attacking people on this episode? 0:11:56.880 --> 0:11:58.640 Hey Ryan, remember how you said you weren't going to 0:11:58.640 --> 0:11:59.840 buy a takeaway coffee? 0:12:00.120 --> 0:12:05.120 So coming up next, we've got a money Actually you 0:12:05.160 --> 0:12:07.160 can see me on the screen. Now what am I holding? 0:12:07.760 --> 0:12:07.960 Yeah? 0:12:08.040 --> 0:12:08.920 I take a coffee. 0:12:09.240 --> 0:12:11.640 Coffee yep, yep, guilty. 0:12:11.880 --> 0:12:15.240 Investing your five dollars a day or whatever I am. 0:12:15.520 --> 0:12:18.280 It goes into spaceship steel. So it's well done, thank you, 0:12:18.320 --> 0:12:20.240 I'll take I agree. 0:12:20.559 --> 0:12:22.720 So you're buying a coffee and saving the money. 0:12:22.760 --> 0:12:25.600 Gosh, doing pretty good. 0:12:26.360 --> 0:12:29.800 Moira says. Every few months, I go with my mum. 0:12:29.840 --> 0:12:33.160 It's a costco and that has saved us a fortune 0:12:33.200 --> 0:12:35.360 since we've started doing it. It's we put it in 0:12:35.440 --> 0:12:37.560 the calendar, so it's like yep, once we go, yep, 0:12:37.600 --> 0:12:39.520 in five weeks we'll go again. On a Sunday, we 0:12:39.559 --> 0:12:41.640 get one of those big trolleys and she gets like 0:12:41.720 --> 0:12:44.520 big chickens for the family, and big because it's Costco. 0:12:44.600 --> 0:12:46.920 Is all kind of bulk by, right, And she said 0:12:46.960 --> 0:12:50.080 the amount of money we've saved is awesome. But she 0:12:50.080 --> 0:12:52.400 said it's also even though it's a big day, the 0:12:52.440 --> 0:12:54.160 one day we do it, then it's done for the month. 0:12:54.200 --> 0:12:56.160 It's all in the freezer, good to go. We've saved 0:12:56.200 --> 0:12:58.120 a heap of time and a heap of money. 0:12:58.320 --> 0:13:02.240 I've got a question. Earlier, we said, should we just 0:13:02.280 --> 0:13:05.800 buy things because they're cheap? No, that's what I would do. 0:13:05.880 --> 0:13:08.600 If I went to Costco. I don't need a coffin, 0:13:08.840 --> 0:13:11.319 but they sell them there, so I would buy one. 0:13:11.880 --> 0:13:13.839 Like I'd be like, oh, I just in case, Like 0:13:14.200 --> 0:13:16.439 I just if I went to Costco, I'm gonna buy 0:13:16.440 --> 0:13:18.640 a hundred of those dollar hot dogs out the front. 0:13:18.720 --> 0:13:20.600 And I don't need those hot dogs. 0:13:21.000 --> 0:13:24.920 I am that person, Tony. Last time I went, I 0:13:25.000 --> 0:13:27.640 ended up buying a one kilo tub of peanut butter 0:13:27.720 --> 0:13:31.000 filled pretzels. Like I didn't need that, but I saw 0:13:31.080 --> 0:13:32.520 it and I needed it. 0:13:32.720 --> 0:13:34.679 And you're like, wow, it's such good value. It'd be 0:13:34.760 --> 0:13:36.280 rude not to And then you end up with a 0:13:36.320 --> 0:13:39.800 kilo's worth of pretzels, a coffin, and ten dog kennels. 0:13:39.800 --> 0:13:41.880 I don't need all money not to buy it. 0:13:42.559 --> 0:13:43.319 I also have. 0:13:43.440 --> 0:13:46.520 Really good socks, so I always buy the socks, but 0:13:46.600 --> 0:13:47.640 I don't need those. 0:13:48.440 --> 0:13:50.920 I've saved so much money. I've basically made money. And 0:13:50.920 --> 0:13:51.880 that's just not how. 0:13:53.240 --> 0:13:55.880 It isn't how it works. But I think that maybe 0:13:55.880 --> 0:13:58.280 costco is for people who have a little more self 0:13:58.320 --> 0:13:59.520 restraint than we do. Totally. 0:14:00.000 --> 0:14:03.280 The final savings hack is from Carmela, who, like a 0:14:03.320 --> 0:14:06.240 lot of us, lockdown is helping her save and she said, 0:14:06.480 --> 0:14:09.440 because now I don't get white girl wasted every single 0:14:09.440 --> 0:14:12.240 weekend and waste money on designer shies that I like 0:14:12.320 --> 0:14:14.880 to wear to the clubs. So the drinks and the 0:14:14.920 --> 0:14:16.920 clothes is saving me a fortune. 0:14:17.640 --> 0:14:18.880 Well, I'm very proud. 0:14:19.320 --> 0:14:21.800 Yeah, that's a great hack that. 0:14:21.840 --> 0:14:24.360 Required a lot of saving, but also arguably a lot 0:14:24.400 --> 0:14:39.360 of self reflections. All right, now we are back, But 0:14:39.480 --> 0:14:42.440 before we get into money wins and confessions, Tony, there 0:14:42.560 --> 0:14:45.680 was a very interesting post in our Facebook group recently 0:14:45.720 --> 0:14:48.080 about no spend May. What was going on with that? 0:14:48.800 --> 0:14:52.800 So someone in our community posted about the idea of 0:14:52.880 --> 0:14:56.560 doing a no spend May. And before you say Oh 0:14:56.560 --> 0:14:58.560 my god, So how are you going to live and 0:14:58.560 --> 0:15:01.160 pay rent and eat and all those things. I'm pretty 0:15:01.160 --> 0:15:03.760 sure that what it boiled down to is that your 0:15:03.800 --> 0:15:07.680 bills and your rent and your utilities and all of 0:15:07.720 --> 0:15:11.240 those things can be paid for, but no auxiliary spending 0:15:11.440 --> 0:15:15.560 like buying your lunch for at work, like by hid. 0:15:15.840 --> 0:15:18.840 That's an interesting way of putting it. Oh, I don't 0:15:18.840 --> 0:15:23.760 think I've never term it. Sounds fancy. Let's continue using that, yeh? 0:15:23.800 --> 0:15:26.040 Should we say that? Should that be the buzz word. 0:15:25.920 --> 0:15:32.160 Of the day? Well, Hillary spending this week, Tony. 0:15:32.720 --> 0:15:34.480 I think that should be the title of the episode, 0:15:34.520 --> 0:15:36.160 purely because I'd click on it to be like, what 0:15:36.200 --> 0:15:36.880 the hell is that? 0:15:37.600 --> 0:15:37.800 Well? 0:15:37.960 --> 0:15:39.920 Hang on? Should I google it and make sure it 0:15:39.960 --> 0:15:41.920 actually means what I think it means? 0:15:44.400 --> 0:15:47.880 Not, because it's actually better if you're wrong, Okay, great. 0:15:47.680 --> 0:15:51.240 Well that's fine, we'll leave it. We'll leave it in basically, yeah, 0:15:51.280 --> 0:15:53.240 so it doesn't include any of your bills or anything. 0:15:53.480 --> 0:15:56.720 It's just everything else, like not going out and buying coffee, 0:15:56.800 --> 0:15:59.880 not buying clothes or makeup or sports equipment that you 0:16:00.040 --> 0:16:03.920 don't need or whatever. And I looked at it, and 0:16:03.960 --> 0:16:07.040 I thought that would be easy right, because you're like, oh, 0:16:07.080 --> 0:16:10.560 I could not buy clothes for a month, it's not so. 0:16:10.800 --> 0:16:14.800 As we're recording this May's just finished. Halfway through May, 0:16:15.520 --> 0:16:18.240 one of the girls that was participating in No Spend 0:16:18.280 --> 0:16:21.280 May inside of our group. So a few hundred people 0:16:21.360 --> 0:16:24.960 ended up joining our original poster and taking on this 0:16:25.040 --> 0:16:28.000 No Spend May halfway through the so cool? 0:16:28.360 --> 0:16:30.520 How awesome is that that they all get together and 0:16:30.560 --> 0:16:33.080 have their little challenges And it makes me feel bad 0:16:33.080 --> 0:16:35.680 because I'm like, oh, maybe we should have done something 0:16:35.720 --> 0:16:38.320 for that. And if you guys have any ideas on 0:16:38.400 --> 0:16:41.000 what challenges that she's on the Money team could put 0:16:41.040 --> 0:16:43.800 together for you or things you want created, like we 0:16:43.840 --> 0:16:46.280 are all is sliding too our dms with your ideas 0:16:46.320 --> 0:16:49.440 because Tony and I want to do more interesting stuff. 0:16:49.960 --> 0:16:52.480 Well, I reckon we could maybe get an idea out 0:16:52.480 --> 0:16:56.360 of this. But so halfway through, on the fifteenth of May, 0:16:56.920 --> 0:17:01.560 Bridget posted how is it going with their No Spend May? 0:17:01.720 --> 0:17:04.879 And so she was halfway through and I can't believe this. 0:17:04.960 --> 0:17:10.359 So inside up bank, it categorizes your spending into good life, 0:17:10.359 --> 0:17:14.560 which is your auxiliary spending, and house which is rant, 0:17:14.600 --> 0:17:16.639 and then it comes down to bills which is like 0:17:16.680 --> 0:17:19.360 all your utilities and stuff. It breaks everything down into 0:17:19.400 --> 0:17:25.439 four categories. Her good life spending the month before was 0:17:25.520 --> 0:17:29.159 one eight hundred and thirty six dollars, which includes like 0:17:29.200 --> 0:17:31.280 dinners out and going out for drinks and all of 0:17:31.320 --> 0:17:35.800 those things. Halfway through May in her no spend May 0:17:36.200 --> 0:17:40.040 in her good life account one hundred and six dollars. 0:17:40.680 --> 0:17:46.719 WHOA isn't that like seventeen hundred dollars in advance and 0:17:46.760 --> 0:17:50.479 that potentially does that mean she's saving that much? 0:17:50.800 --> 0:17:53.120 Well, I hope, so, I hope it means that she's 0:17:53.160 --> 0:17:54.080 put that money away. 0:17:54.359 --> 0:17:58.360 Seventeen hundred dollars in a month. That's so long. 0:17:58.400 --> 0:18:01.640 I mean, it's not sustainable every month because we have 0:18:01.720 --> 0:18:04.359 to because you know, we have to enjoy ourselves and 0:18:04.400 --> 0:18:06.680 treat ourselves. And it's like, if you're on a really 0:18:06.720 --> 0:18:09.919 restrictive diet, you like really want an ice cream, you 0:18:09.960 --> 0:18:16.800 can't not eat ice cream forever because why would you. 0:18:15.119 --> 0:18:17.639 You end up binging. So like, if you stick to 0:18:17.720 --> 0:18:19.959 something like this for the long term, you'll end up 0:18:19.960 --> 0:18:23.000 blowing out and having like a massive blowout of spending 0:18:23.160 --> 0:18:25.520 and it's just not fun or nice. But I think 0:18:25.520 --> 0:18:28.320 these challenges where it's short term and you're just achieving 0:18:28.359 --> 0:18:30.800 a short term goal that makes you feel really good, 0:18:30.880 --> 0:18:33.119 Like why can't we do that every couple of months 0:18:33.119 --> 0:18:35.640 and go, you know what this month and being really 0:18:35.720 --> 0:18:37.520 restrictive because I'm going to make. 0:18:37.560 --> 0:18:40.760 Bank yeah, or you know that's like a really good 0:18:41.160 --> 0:18:43.639 bit of little cash for if you're saving for something, 0:18:43.720 --> 0:18:46.680 or so you really really want to buy a Gucci handbag, 0:18:46.760 --> 0:18:48.320 you're like, oh my god, I want to say for that, 0:18:48.359 --> 0:18:50.240 so I'm not going to go out to eat all months, 0:18:50.280 --> 0:18:54.320 like pretty amazing. Catherine said, I adopted a puppy, so 0:18:54.440 --> 0:18:59.920 not going very well, with lots of photos of a 0:19:00.280 --> 0:19:05.520 miniature Dushions, which is quite cute. So cute. And Amelia 0:19:05.640 --> 0:19:08.359 posted a screenshot of her bank account as well and 0:19:08.400 --> 0:19:12.560 said not great, but better than last month. Her cash 0:19:12.680 --> 0:19:15.960