1 00:00:00,680 --> 00:00:04,920 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr 2 00:00:04,960 --> 00:00:08,680 Speaker 1: the Order Kerney Whoalbury and a waddery woman. And before 3 00:00:08,680 --> 00:00:11,160 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,160 --> 00:00:14,319 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,400 --> 00:00:17,680 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,120 --> 00:00:22,240 Speaker 1: acknowledging the elders, the ancestors and the next generation coming 7 00:00:22,320 --> 00:00:26,960 Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing 8 00:00:27,080 --> 00:00:30,120 Speaker 1: and the storytelling of you to make a difference for 9 00:00:30,240 --> 00:00:32,720 Speaker 1: today and lasting impact for tomorrow. 10 00:00:33,320 --> 00:00:34,120 Speaker 2: Let's get into it. 11 00:00:34,760 --> 00:00:59,320 Speaker 3: She's on the Money, She's on the Money. 12 00:01:00,360 --> 00:01:03,640 Speaker 2: Hello, and welcome to She's on the Money the podcast 13 00:01:03,720 --> 00:01:07,520 Speaker 2: and millennials who want financial freedom. Welcome back to another 14 00:01:07,560 --> 00:01:09,920 Speaker 2: one of our money diaries, which are my favorite episodes 15 00:01:09,959 --> 00:01:12,160 Speaker 2: of the week. It is absolutely no secret where I 16 00:01:12,200 --> 00:01:14,840 Speaker 2: get the opportunity to talk to one of our incredible 17 00:01:15,000 --> 00:01:18,319 Speaker 2: She's on the Money community members all about their journey. 18 00:01:18,600 --> 00:01:20,920 Speaker 2: Let's jump straight into it, because this week I got 19 00:01:20,920 --> 00:01:24,280 Speaker 2: a message and it sounded like this. Hi, Victoria, my 20 00:01:24,400 --> 00:01:28,000 Speaker 2: money story is a little grim. I was financially abused 21 00:01:28,040 --> 00:01:30,800 Speaker 2: by my parents up until the age of nineteen, when 22 00:01:30,800 --> 00:01:34,080 Speaker 2: I slowly started to cut them off. I worked full 23 00:01:34,120 --> 00:01:36,639 Speaker 2: time and went to UNI to get my life back. 24 00:01:36,800 --> 00:01:40,000 Speaker 2: I clawed my way out of twenty three thousand dollars 25 00:01:40,000 --> 00:01:42,920 Speaker 2: worth of debt, and when my grandmother passed away, I 26 00:01:43,040 --> 00:01:46,200 Speaker 2: bought a house from her estate. I now work and 27 00:01:46,240 --> 00:01:49,320 Speaker 2: study full time and have recently taken on a shared 28 00:01:49,440 --> 00:01:53,600 Speaker 2: care role of my sixteen year old sister. Oh my gosh, 29 00:01:53,640 --> 00:01:57,440 Speaker 2: money darist, you just sound like the most special human 30 00:01:57,480 --> 00:01:58,560 Speaker 2: being in the entire world. 31 00:01:59,080 --> 00:02:01,480 Speaker 4: Ah, I don't feel that way. I don't feel very special. 32 00:02:01,480 --> 00:02:02,680 Speaker 4: I feel like I've just done what I had to 33 00:02:02,720 --> 00:02:04,280 Speaker 4: do and it's all waked down. You do what you 34 00:02:04,320 --> 00:02:05,200 Speaker 4: do because you have to do it. 35 00:02:05,400 --> 00:02:07,800 Speaker 2: I love that. But too many people don't step up 36 00:02:07,800 --> 00:02:10,240 Speaker 2: to the plate, and you did. I mean, I don't 37 00:02:10,240 --> 00:02:12,600 Speaker 2: know nearly enough about your shared care role of your 38 00:02:12,639 --> 00:02:14,880 Speaker 2: sixteen year old sister. I'm going to because I'm gonna 39 00:02:14,880 --> 00:02:17,040 Speaker 2: ask six million questions about it. Because that's what's so 40 00:02:17,040 --> 00:02:19,600 Speaker 2: great about Money Diaries. I could be pervy because you're anonymous, 41 00:02:20,360 --> 00:02:23,160 Speaker 2: but that's where you know your sister could have ended 42 00:02:23,200 --> 00:02:24,919 Speaker 2: up in the foster system. Like there are so many 43 00:02:24,919 --> 00:02:27,040 Speaker 2: different outcomes, and when I say that you're a special human, 44 00:02:27,080 --> 00:02:29,280 Speaker 2: Like you are a special human because you stepped up. 45 00:02:29,520 --> 00:02:31,760 Speaker 2: That's elite that I think so many people in this 46 00:02:32,000 --> 00:02:35,040 Speaker 2: situation or in similar situations always go yeah, V like 47 00:02:35,040 --> 00:02:36,720 Speaker 2: I don't feel that special, Like I just did what 48 00:02:36,760 --> 00:02:38,280 Speaker 2: I had to do. Do you know how many people 49 00:02:38,320 --> 00:02:42,120 Speaker 2: don't do what they should do? Wild? But let's do 50 00:02:42,360 --> 00:02:45,320 Speaker 2: a money story and a money diary, because I am 51 00:02:45,480 --> 00:02:49,000 Speaker 2: very excited to learn more about you money diarist. I 52 00:02:49,040 --> 00:02:52,080 Speaker 2: always start the episodes with the same question, so let's 53 00:02:52,160 --> 00:02:54,800 Speaker 2: begin there. I want to know what grade would you 54 00:02:54,800 --> 00:02:56,760 Speaker 2: give your money habits if I forced you to give 55 00:02:56,760 --> 00:02:58,760 Speaker 2: them a grade from A through to F. 56 00:02:59,280 --> 00:03:01,720 Speaker 4: I thought about this really hard because I think over 57 00:03:01,720 --> 00:03:03,880 Speaker 4: the years, I feel like I've flitted properly between an 58 00:03:04,000 --> 00:03:06,200 Speaker 4: F to an A. I think at the moment, i'd 59 00:03:06,200 --> 00:03:07,600 Speaker 4: probably give myself a seat plus. 60 00:03:07,639 --> 00:03:10,280 Speaker 2: A C plus. All right, let's learn more about that. 61 00:03:10,600 --> 00:03:13,160 Speaker 2: But first I want to know can you tell me 62 00:03:13,360 --> 00:03:16,280 Speaker 2: a little bit more detail about your money story. 63 00:03:16,760 --> 00:03:19,240 Speaker 4: So obviously, as I've mentioned, I was financially abused by 64 00:03:19,240 --> 00:03:20,960 Speaker 4: my parents. I first got a job when I was 65 00:03:20,960 --> 00:03:24,440 Speaker 4: fourteen in hospitality, as many of us do, and some 66 00:03:24,480 --> 00:03:27,520 Speaker 4: of my earliest memories is my parents turning around to 67 00:03:27,560 --> 00:03:29,400 Speaker 4: me like, all right, cool, let's go pick up your paycheck. 68 00:03:29,840 --> 00:03:30,960 Speaker 4: So it was all pashion hand. 69 00:03:31,120 --> 00:03:31,280 Speaker 1: I know. 70 00:03:31,280 --> 00:03:34,440 Speaker 4: It was just like i'ld maybe get fifty bucks out 71 00:03:34,440 --> 00:03:36,840 Speaker 4: of it. We weren't talking much, maybe two hundred bucks 72 00:03:36,920 --> 00:03:38,560 Speaker 4: to start off with. I'd be getting paid because I 73 00:03:38,600 --> 00:03:40,560 Speaker 4: was working in school at the same time, of course, 74 00:03:40,720 --> 00:03:42,760 Speaker 4: but it sort of went to their hands fast for 75 00:03:42,800 --> 00:03:44,920 Speaker 4: the betterment of the family. So I'm one of seven, 76 00:03:45,520 --> 00:03:47,840 Speaker 4: oh wow, so there's a few of us sloking around. 77 00:03:48,560 --> 00:03:51,720 Speaker 4: The responsibility sort of felt on me. My eldest brother 78 00:03:51,800 --> 00:03:54,280 Speaker 4: just wasn't really in the picture at home. So yeah, 79 00:03:54,320 --> 00:03:58,240 Speaker 4: I was always caring for my siblings. Made you feel 80 00:03:58,240 --> 00:04:01,200 Speaker 4: really guilty if I didn't can over any money or 81 00:04:01,240 --> 00:04:03,160 Speaker 4: anything like that, Like I was selfish for wanting to 82 00:04:03,200 --> 00:04:05,400 Speaker 4: keep it for myself or we need it for this, 83 00:04:05,520 --> 00:04:07,960 Speaker 4: or there's bills coming up, or there's a school camp, 84 00:04:08,040 --> 00:04:10,880 Speaker 4: or there's this, And I felt like alledgeos, felt like 85 00:04:10,920 --> 00:04:13,000 Speaker 4: I was the person that everyone leaned on, and so 86 00:04:13,200 --> 00:04:16,200 Speaker 4: that sort of had carry on effects in itself. So 87 00:04:16,279 --> 00:04:19,479 Speaker 4: from that, obviously having a really rough sort of childhood 88 00:04:19,480 --> 00:04:21,920 Speaker 4: and growing up, we came from places where we had 89 00:04:22,000 --> 00:04:24,240 Speaker 4: lots of money sometimes and then didn't. My parents are 90 00:04:24,240 --> 00:04:26,920 Speaker 4: both addicts, both alcoholics, so really struggled with that side 91 00:04:26,920 --> 00:04:30,200 Speaker 4: of things as well, and that sort of really exasperated 92 00:04:30,240 --> 00:04:32,240 Speaker 4: the ups and the downs. Wow a to be and 93 00:04:32,360 --> 00:04:34,200 Speaker 4: much worse than what they were. So I moved out 94 00:04:34,240 --> 00:04:36,320 Speaker 4: of home at sixteen. I was still giving money to 95 00:04:36,360 --> 00:04:38,360 Speaker 4: my parents at this point in time. My first thing 96 00:04:38,400 --> 00:04:40,159 Speaker 4: I did was get on sudden Link, and then that 97 00:04:40,279 --> 00:04:42,680 Speaker 4: was taken as well. I was getting more money, going 98 00:04:42,680 --> 00:04:45,400 Speaker 4: to school, just really doing my best, and then from 99 00:04:45,400 --> 00:04:47,840 Speaker 4: their working in hospitality, I managed to find my way 100 00:04:47,839 --> 00:04:49,880 Speaker 4: into twenty three thousand dollars worth of debt. 101 00:04:50,160 --> 00:04:52,440 Speaker 2: Which makes sense when all of your income's being taken 102 00:04:52,480 --> 00:04:52,800 Speaker 2: off you. 103 00:04:53,560 --> 00:04:55,640 Speaker 4: Yeah, So I moved states a couple of times. I 104 00:04:55,680 --> 00:04:59,000 Speaker 4: moved from wa to Tasmania and then back again, and 105 00:04:59,080 --> 00:05:00,599 Speaker 4: just sort of floated around. I didn't really have an 106 00:05:00,640 --> 00:05:02,479 Speaker 4: idea of what I wanted to do or anything like that. 107 00:05:02,720 --> 00:05:05,200 Speaker 4: And in that time, my grandmother got really sick. So 108 00:05:05,240 --> 00:05:08,719 Speaker 4: she was probably the only the stable person in my 109 00:05:08,839 --> 00:05:12,080 Speaker 4: life for all of my life. She was very financially literal, 110 00:05:12,320 --> 00:05:14,280 Speaker 4: was always like, got to put extra money in your soup. 111 00:05:14,279 --> 00:05:16,359 Speaker 4: I've got to do this. If I was in a 112 00:05:16,400 --> 00:05:18,479 Speaker 4: really bad situation where I needed money, she was the 113 00:05:18,480 --> 00:05:20,200 Speaker 4: first person to be like, you just come to me, 114 00:05:20,240 --> 00:05:21,680 Speaker 4: you talk to me, we can figure it out. 115 00:05:21,760 --> 00:05:22,360 Speaker 2: I love that. 116 00:05:22,680 --> 00:05:24,800 Speaker 4: She was a very special person. She went a lot 117 00:05:24,839 --> 00:05:27,080 Speaker 4: to me, and she didn't always just hand me solutions. 118 00:05:27,080 --> 00:05:28,760 Speaker 4: She didn't always just give me money. It was always like, 119 00:05:28,800 --> 00:05:30,040 Speaker 4: all right, cool, how do we get out of this, 120 00:05:30,080 --> 00:05:31,520 Speaker 4: how do we avoid this in the future. 121 00:05:31,760 --> 00:05:34,080 Speaker 2: Oh, she had your best interests at heart always. I 122 00:05:34,120 --> 00:05:36,120 Speaker 2: love this. I love that you had that human in 123 00:05:36,160 --> 00:05:36,719 Speaker 2: your life. 124 00:05:36,920 --> 00:05:37,600 Speaker 4: You really did. 125 00:05:38,400 --> 00:05:38,479 Speaker 3: So. 126 00:05:38,600 --> 00:05:41,839 Speaker 4: Yeah. She unfortunately passed away in twenty twenty. So that 127 00:05:41,880 --> 00:05:43,119 Speaker 4: was a really long battle with cancer. 128 00:05:43,200 --> 00:05:45,000 Speaker 2: So have Oh I'm so sorry. 129 00:05:45,240 --> 00:05:47,200 Speaker 4: It was coming for a really long time. And I 130 00:05:47,240 --> 00:05:48,920 Speaker 4: think it was a lot harder to watch her be 131 00:05:49,080 --> 00:05:53,480 Speaker 4: sick than it was to lose her, because seeing a 132 00:05:53,600 --> 00:05:59,120 Speaker 4: lose who she was was far more impactful than Yeah. 133 00:05:59,480 --> 00:06:01,400 Speaker 4: So I put just a house out of her estate. 134 00:06:01,560 --> 00:06:04,520 Speaker 4: She was quite financially literate, so her partner was left 135 00:06:04,520 --> 00:06:07,159 Speaker 4: with everything, which was always the plan. According to others 136 00:06:07,200 --> 00:06:09,320 Speaker 4: in the family. That was not the plan. That was 137 00:06:09,360 --> 00:06:12,760 Speaker 4: not discust. So when I purchased the house, I was 138 00:06:12,760 --> 00:06:17,159 Speaker 4: told that I was stealing everyone else's inheritance weddings, was 139 00:06:17,200 --> 00:06:19,120 Speaker 4: frightened with lawyers, which I knew they didn't have the 140 00:06:19,160 --> 00:06:21,239 Speaker 4: money to engage, which was sort of a bit of competent. 141 00:06:21,320 --> 00:06:25,280 Speaker 2: You were kind of like, good luck you bye. Yeah. 142 00:06:25,320 --> 00:06:27,920 Speaker 4: It was really stressful, especially with my grandmother being sick. 143 00:06:28,000 --> 00:06:29,599 Speaker 4: I think that was sort of one of the bigger 144 00:06:29,640 --> 00:06:32,320 Speaker 4: reasons that I didn't speak to my parents anymore, among 145 00:06:32,400 --> 00:06:34,920 Speaker 4: other reasons, just what was happening with the kids, just 146 00:06:35,000 --> 00:06:36,920 Speaker 4: not watching them being able to be parents, seeing them 147 00:06:36,920 --> 00:06:39,479 Speaker 4: go through what I went through, was really difficult to 148 00:06:39,520 --> 00:06:40,600 Speaker 4: interact with them. 149 00:06:40,800 --> 00:06:41,680 Speaker 2: Yeah. 150 00:06:41,800 --> 00:06:43,920 Speaker 4: Yeah, so that was a bit spicy. The year after 151 00:06:43,920 --> 00:06:47,159 Speaker 4: my grandmother passed, I decided to start studying, so I'm 152 00:06:47,200 --> 00:06:48,880 Speaker 4: a full time student at the moment. At the time 153 00:06:48,880 --> 00:06:51,600 Speaker 4: I was part time. I studied urban and regional planning 154 00:06:52,520 --> 00:06:55,039 Speaker 4: and I also work full time now. So after my 155 00:06:55,080 --> 00:06:57,120 Speaker 4: first year, I decided to be a bit ambitious and 156 00:06:57,200 --> 00:06:59,839 Speaker 4: just go for graduate roles anyway, and was really lucky 157 00:06:59,839 --> 00:07:00,800 Speaker 4: that someone hired me. 158 00:07:01,080 --> 00:07:03,240 Speaker 2: Oh my gosh, I love this so much, get it. 159 00:07:03,360 --> 00:07:05,960 Speaker 2: Thank you, Oh my gosh, I love that. Like if 160 00:07:06,000 --> 00:07:07,440 Speaker 2: you don't ask, you don't get right. 161 00:07:09,600 --> 00:07:11,320 Speaker 4: So I've been there for a year now, and I've 162 00:07:11,360 --> 00:07:13,200 Speaker 4: probably got about eighteen months left to study it, but 163 00:07:13,320 --> 00:07:14,920 Speaker 4: nine minutes left. So I'm going to take those a 164 00:07:14,960 --> 00:07:16,240 Speaker 4: little bit slower than I have been. 165 00:07:16,520 --> 00:07:18,640 Speaker 2: Yeah, fair, I mean you've already got the job, so 166 00:07:18,840 --> 00:07:19,440 Speaker 2: take it slow. 167 00:07:19,480 --> 00:07:21,720 Speaker 4: My friend whine and they really loved me. 168 00:07:21,800 --> 00:07:23,360 Speaker 2: Yeah, good as they should. 169 00:07:25,440 --> 00:07:28,280 Speaker 4: No, it's good. This year about me, things sort of 170 00:07:28,280 --> 00:07:30,640 Speaker 4: started falling apart. So my sister foked me up one 171 00:07:30,680 --> 00:07:32,600 Speaker 4: day and said that she needed me to come get her. 172 00:07:33,200 --> 00:07:35,160 Speaker 4: She's quite sick. Convenient to go to the doctors and 173 00:07:35,160 --> 00:07:38,200 Speaker 4: stuff like that, generally bad uti. Yeah, and was just 174 00:07:38,200 --> 00:07:40,000 Speaker 4: had a lot of pain and was like, Mom said 175 00:07:40,000 --> 00:07:42,760 Speaker 4: that she might take me. There's always going to be 176 00:07:43,120 --> 00:07:46,200 Speaker 4: different aspects of things, three sides to a story. But oh, 177 00:07:46,320 --> 00:07:49,240 Speaker 4: of course I know what I went through in that home, and. 178 00:07:49,240 --> 00:07:51,720 Speaker 2: You can empathize with it and go, all right, I 179 00:07:51,760 --> 00:07:53,840 Speaker 2: see what your experience might have looked like. 180 00:07:54,360 --> 00:07:56,480 Speaker 4: Yeah, So went I picked her up, and she sort 181 00:07:56,480 --> 00:07:58,720 Speaker 4: of just unloaded on me. So she's herself been going 182 00:07:58,760 --> 00:08:00,800 Speaker 4: through a really tough time. She has attending school for 183 00:08:00,840 --> 00:08:04,360 Speaker 4: the last two years. Just has been getting yourself into 184 00:08:04,400 --> 00:08:06,840 Speaker 4: a little bit of trouble. Boys and men and stuff. 185 00:08:06,880 --> 00:08:10,000 Speaker 4: Like that it's a little bit undesirable. I said, all right, 186 00:08:10,040 --> 00:08:11,440 Speaker 4: that's it. That's the end of it. You're coming to 187 00:08:11,480 --> 00:08:12,920 Speaker 4: stay with me. So I did that. 188 00:08:13,200 --> 00:08:15,280 Speaker 2: See, that's the stepping up we're talking about. 189 00:08:16,880 --> 00:08:18,920 Speaker 4: Sometimes you just have to deal with Okay. 190 00:08:18,680 --> 00:08:21,400 Speaker 2: You had to do it, but also some people don't. 191 00:08:21,520 --> 00:08:23,640 Speaker 2: Can you please give yourself a little bit of credit? 192 00:08:23,840 --> 00:08:25,840 Speaker 2: You're the sister you needed, right. 193 00:08:26,160 --> 00:08:28,360 Speaker 4: Yes, I had such a great support system growing up 194 00:08:28,400 --> 00:08:31,960 Speaker 4: with friends and my grandma, and I know things will 195 00:08:32,000 --> 00:08:33,440 Speaker 4: work out the way they're meant to work out. But 196 00:08:33,559 --> 00:08:35,120 Speaker 4: I had a lot of support, So why should I 197 00:08:35,200 --> 00:08:37,000 Speaker 4: not give that support to someone else. 198 00:08:37,559 --> 00:08:39,400 Speaker 2: I love that, But like, we're just going to work 199 00:08:39,440 --> 00:08:41,959 Speaker 2: on giving you a little bit more credit. This entire episode, 200 00:08:42,040 --> 00:08:45,440 Speaker 2: my love flack so much credit where credit is due. 201 00:08:48,240 --> 00:08:50,280 Speaker 2: All right, well let me talk to her too. Tell 202 00:08:50,320 --> 00:08:52,160 Speaker 2: me a little bit more about So your sister has 203 00:08:52,240 --> 00:08:54,559 Speaker 2: just moved in. When you say it's a I guess 204 00:08:54,600 --> 00:08:57,160 Speaker 2: shared care role, what does that actually look like for you? 205 00:08:57,760 --> 00:09:00,840 Speaker 4: So she's sixteen, so obviously she's still like to hang 206 00:09:00,880 --> 00:09:03,080 Speaker 4: out with her friends. Of course, so she was sort 207 00:09:03,080 --> 00:09:06,120 Speaker 4: of living between places when she came to me. Anyway, 208 00:09:06,240 --> 00:09:08,600 Speaker 4: I think being out of home has repaired her relationship 209 00:09:08,640 --> 00:09:10,760 Speaker 4: with my parents a little bit as well, so she 210 00:09:10,800 --> 00:09:13,560 Speaker 4: does go back home. She's also old enough, not that 211 00:09:13,640 --> 00:09:15,800 Speaker 4: she should be making your own decisions, but she's going 212 00:09:15,840 --> 00:09:16,400 Speaker 4: to anyway. 213 00:09:16,480 --> 00:09:17,120 Speaker 2: Yes, of course. 214 00:09:17,160 --> 00:09:19,720 Speaker 4: So there's really a lash of control that I have. 215 00:09:19,840 --> 00:09:21,280 Speaker 4: If I could wrap her up and bubble wrap and 216 00:09:21,320 --> 00:09:23,360 Speaker 4: keep us forever in my bedroom, I would. 217 00:09:24,440 --> 00:09:25,720 Speaker 2: You would, Yeah, absolutely. 218 00:09:26,080 --> 00:09:29,800 Speaker 4: At the moment, it looks mostly I'm saying like a 219 00:09:29,880 --> 00:09:32,920 Speaker 4: four days with me, three days elsewhere. Yeah, I've gotten 220 00:09:32,960 --> 00:09:35,000 Speaker 4: her enrolled in her school. She starts in a fortnight. 221 00:09:35,040 --> 00:09:36,760 Speaker 2: Oh my gosh, that's so exciting. 222 00:09:37,280 --> 00:09:39,040 Speaker 4: Yeah, so they're going to help her work towards their 223 00:09:39,080 --> 00:09:41,160 Speaker 4: general education stiff forget, just so we can look at 224 00:09:41,160 --> 00:09:43,720 Speaker 4: tastes and stuff like that. She's really interested in mechanics, 225 00:09:44,080 --> 00:09:45,640 Speaker 4: and it's just nice to see her have a new 226 00:09:45,679 --> 00:09:46,280 Speaker 4: lease on life. 227 00:09:46,320 --> 00:09:49,840 Speaker 2: Really, Oh my gosh, that is so wholesome. I mean, 228 00:09:50,040 --> 00:09:52,480 Speaker 2: I'm excited to learn more about your sister, but this episode, 229 00:09:52,559 --> 00:09:54,760 Speaker 2: my friend, is about you, so I need to pivot 230 00:09:54,800 --> 00:09:56,880 Speaker 2: back to you. But it makes me so happy that 231 00:09:56,960 --> 00:10:01,440 Speaker 2: she's back on track. So in your money story, you 232 00:10:01,520 --> 00:10:03,960 Speaker 2: obviously wrote in and said, look, I was financially abused 233 00:10:04,000 --> 00:10:07,520 Speaker 2: by my parents up until the age of nineteen. You 234 00:10:07,640 --> 00:10:11,160 Speaker 2: mentioned before, it's looked a lot like having your paychecks 235 00:10:11,200 --> 00:10:14,200 Speaker 2: taken off you and you know, not having the freedom 236 00:10:14,280 --> 00:10:17,480 Speaker 2: that you should have had, and you know, essentially not 237 00:10:17,520 --> 00:10:21,400 Speaker 2: being respected at all. But how did that come to be? 238 00:10:21,880 --> 00:10:24,400 Speaker 2: Is that kind of them going, we desperately need the 239 00:10:24,440 --> 00:10:26,640 Speaker 2: money and they don't realize they're doing that, or is 240 00:10:26,679 --> 00:10:30,000 Speaker 2: this a mindset that they're just in, well, you're my child, 241 00:10:30,280 --> 00:10:32,439 Speaker 2: If you made money, that's my money. Like, I'd love 242 00:10:32,480 --> 00:10:35,040 Speaker 2: to know a little bit more about not how it happened, 243 00:10:35,080 --> 00:10:38,559 Speaker 2: because it's not anybody's fault, but like how they seem 244 00:10:38,640 --> 00:10:40,160 Speaker 2: to justify their behavior. 245 00:10:40,760 --> 00:10:43,080 Speaker 4: Well, it's definitely a discussion I've had with them since 246 00:10:43,120 --> 00:10:45,440 Speaker 4: as well, because it didn't happen to my elder brother. 247 00:10:45,720 --> 00:10:47,439 Speaker 4: He was two years older than me, so he was 248 00:10:47,480 --> 00:10:50,400 Speaker 4: also working and he was also doing all these things, 249 00:10:50,480 --> 00:10:52,440 Speaker 4: and it seemed to fall a lot on me, which 250 00:10:52,480 --> 00:10:54,120 Speaker 4: I think was to do with me being in the house. 251 00:10:54,840 --> 00:10:57,199 Speaker 4: I think it came from a place of they were 252 00:10:57,240 --> 00:10:59,240 Speaker 4: so desperate for money that that was the option. And 253 00:10:59,280 --> 00:11:01,480 Speaker 4: then the time you ask is always going to be 254 00:11:01,480 --> 00:11:04,839 Speaker 4: the scariest, and then it gets easier after that. So 255 00:11:05,120 --> 00:11:07,559 Speaker 4: fifty dollars turned into one hundred, turned into two fifty, 256 00:11:07,720 --> 00:11:11,440 Speaker 4: turned into hundreds and thousands. I genuinely couldn't even count 257 00:11:11,520 --> 00:11:13,560 Speaker 4: how much was taken over the years, and it was 258 00:11:13,600 --> 00:11:16,480 Speaker 4: always we've got no food, we need this, We've got 259 00:11:16,480 --> 00:11:18,240 Speaker 4: a bill coming in, the power be cut off, the 260 00:11:18,280 --> 00:11:20,280 Speaker 4: water will be cut off. And there was points where 261 00:11:20,280 --> 00:11:22,199 Speaker 4: it was I had to shower at a friend's house, 262 00:11:22,600 --> 00:11:25,880 Speaker 4: and it was always that it was so necessary for 263 00:11:25,920 --> 00:11:28,160 Speaker 4: me to do this because if we didn't, bad things 264 00:11:28,160 --> 00:11:30,960 Speaker 4: would happen. They come from a place where they didn't 265 00:11:30,960 --> 00:11:33,160 Speaker 4: have a lot of money growing up either, so anytime 266 00:11:33,160 --> 00:11:35,960 Speaker 4: we got anything in it was spent immediately. I remember 267 00:11:36,120 --> 00:11:37,760 Speaker 4: when mum got a baby bonus one you and the 268 00:11:37,760 --> 00:11:40,120 Speaker 4: government brought out on thousand dollars to have a baby. 269 00:11:40,440 --> 00:11:42,680 Speaker 4: As soon as I hit her account, it was spent. 270 00:11:43,120 --> 00:11:45,000 Speaker 4: We went came out, we bought some bits, we bought 271 00:11:45,000 --> 00:11:47,040 Speaker 4: some stacks. I remember I bought some hair dye and 272 00:11:47,040 --> 00:11:49,320 Speaker 4: that was like a little tree, and it was just 273 00:11:49,679 --> 00:11:51,880 Speaker 4: as soon as it came in, it went, And whether 274 00:11:52,000 --> 00:11:54,080 Speaker 4: that was Bill's food or other, or if it was 275 00:11:54,080 --> 00:11:57,920 Speaker 4: on substances and alcohol, it was just completely gone. 276 00:11:58,080 --> 00:12:01,080 Speaker 2: I'm so sorry that you've been through that. But it's 277 00:12:01,080 --> 00:12:05,480 Speaker 2: always interesting how people justify that and how they look 278 00:12:05,520 --> 00:12:08,280 Speaker 2: back on it. Is this a conversation that you've now 279 00:12:08,480 --> 00:12:10,920 Speaker 2: had with your parents, Like are you in contact with 280 00:12:11,000 --> 00:12:13,240 Speaker 2: them now or have you just decided that that's not 281 00:12:13,360 --> 00:12:13,679 Speaker 2: for you. 282 00:12:13,960 --> 00:12:16,360 Speaker 4: I am now for the sake of my sister, only 283 00:12:16,360 --> 00:12:18,320 Speaker 4: because I have to be. I'm older now, so like 284 00:12:18,360 --> 00:12:20,120 Speaker 4: I'm twenty six, I've been out of the house for 285 00:12:20,160 --> 00:12:23,439 Speaker 4: ten years. Anytime we did converse, it was an argument, 286 00:12:23,480 --> 00:12:27,640 Speaker 4: and it was like yelling, screaming, pushing, like it got 287 00:12:27,760 --> 00:12:31,559 Speaker 4: really really aggravated really quickly, and a lot of that 288 00:12:31,600 --> 00:12:33,760 Speaker 4: didn't happen. A lot of ghosting me into no, we 289 00:12:33,800 --> 00:12:36,320 Speaker 4: didn't do that. It wasn't like that, you're interpreting rock, 290 00:12:36,559 --> 00:12:39,520 Speaker 4: you don't look at it this way. So a lot 291 00:12:39,559 --> 00:12:41,760 Speaker 4: of just telling me that that wasn't how it happened. 292 00:12:41,960 --> 00:12:43,800 Speaker 4: And I'm fine to sit there and say that, Hey, 293 00:12:43,840 --> 00:12:46,520 Speaker 4: your experience might have been different to mine. Yeah, but 294 00:12:46,559 --> 00:12:49,079 Speaker 4: you're not going to negate on my experience either. 295 00:12:49,200 --> 00:12:50,960 Speaker 2: Of course not. And at the end of the day, 296 00:12:51,120 --> 00:12:54,800 Speaker 2: as much as you were fifteen, you know, fourteen, fifteen, sixteen, 297 00:12:55,559 --> 00:12:58,880 Speaker 2: you're still a child. It's not a child's responsibility to 298 00:12:58,960 --> 00:13:01,920 Speaker 2: run the family home. It was the parent's responsibility to 299 00:13:01,920 --> 00:13:04,400 Speaker 2: step up and get a new role, or tackle their 300 00:13:04,440 --> 00:13:07,360 Speaker 2: substance abuses or you know, cut back on alcohol. Like 301 00:13:07,360 --> 00:13:10,400 Speaker 2: there were so many different factors at play that this 302 00:13:10,600 --> 00:13:13,040 Speaker 2: wasn't actually your problem to solve. And I think a 303 00:13:13,040 --> 00:13:16,079 Speaker 2: lot of the time, when you are fourteen, fifteen, sixteen, 304 00:13:16,520 --> 00:13:19,280 Speaker 2: you can be persuaded into this idea that well, you're 305 00:13:19,280 --> 00:13:21,640 Speaker 2: an adult now, like you can, you know, contribute to 306 00:13:21,679 --> 00:13:24,480 Speaker 2: the bills. And I do believe that there is a 307 00:13:24,520 --> 00:13:26,960 Speaker 2: healthy way to do that. Like, you know, I've spoken 308 00:13:27,000 --> 00:13:29,000 Speaker 2: to people on the show before who live with a 309 00:13:29,040 --> 00:13:30,800 Speaker 2: single mum and they're like, no, no, no, I've been 310 00:13:30,800 --> 00:13:32,839 Speaker 2: contributing to bills since I had an income because I 311 00:13:32,920 --> 00:13:34,800 Speaker 2: just really wanted to support mum and it was my idea. 312 00:13:34,920 --> 00:13:37,280 Speaker 2: And you know, it's a beautiful conversation, but that's not 313 00:13:37,320 --> 00:13:40,840 Speaker 2: the conversation we're having here. And I think that sometimes 314 00:13:40,840 --> 00:13:45,480 Speaker 2: in situations like this, the parents I guess persuade themselves 315 00:13:45,480 --> 00:13:47,480 Speaker 2: into going. But that's what was happening, right, Like they 316 00:13:47,520 --> 00:13:50,000 Speaker 2: just wanted to contribute to the household, and it's like, well, 317 00:13:50,960 --> 00:13:53,600 Speaker 2: I'm a child, and I should still have the ability 318 00:13:53,600 --> 00:13:55,880 Speaker 2: to grow up and you know, at the end of 319 00:13:55,920 --> 00:13:58,600 Speaker 2: the day, make some decisions on my own, learn my 320 00:13:58,640 --> 00:14:01,880 Speaker 2: own money story, not have it taken away. So it 321 00:14:02,040 --> 00:14:04,600 Speaker 2: honestly breaks my heart that you were in that position. 322 00:14:05,400 --> 00:14:07,920 Speaker 2: But this idea that you completely clawed your way out 323 00:14:07,920 --> 00:14:11,120 Speaker 2: of twenty three thousand dollars worth of debt. Okay, so 324 00:14:11,160 --> 00:14:13,200 Speaker 2: you got into debt, it makes absolute sense how you 325 00:14:13,240 --> 00:14:17,080 Speaker 2: got there. I cannot empathize more. How did you get 326 00:14:17,120 --> 00:14:18,880 Speaker 2: out of twenty three thousand dollars debt? 327 00:14:19,760 --> 00:14:22,600 Speaker 4: So basically you're eighteen and then combain and sends you 328 00:14:22,600 --> 00:14:24,680 Speaker 4: a letter in Mexi saying you go, you're eligible for 329 00:14:24,760 --> 00:14:26,840 Speaker 4: a credit card, and so I took out one, and 330 00:14:26,880 --> 00:14:28,160 Speaker 4: then I took out two, and then it was a 331 00:14:28,200 --> 00:14:31,320 Speaker 4: person alone to cover that debt. I was traveling at 332 00:14:31,320 --> 00:14:33,520 Speaker 4: the time, so I'd moved sort of states as flying 333 00:14:33,520 --> 00:14:36,280 Speaker 4: around and seeing friends. Travel was definitely something I value. 334 00:14:36,720 --> 00:14:38,400 Speaker 4: Couldn't tell you what I spent the money on now, 335 00:14:38,480 --> 00:14:39,560 Speaker 4: but that's a different story. 336 00:14:40,160 --> 00:14:41,920 Speaker 2: I'm not asking that. That doesn't matter. 337 00:14:43,280 --> 00:14:44,600 Speaker 4: So it became a bit of a game, and it 338 00:14:44,640 --> 00:14:46,280 Speaker 4: was like, all right, so the repayments of this, so 339 00:14:46,360 --> 00:14:48,480 Speaker 4: remember getting calls in the middle of the week work 340 00:14:48,600 --> 00:14:50,680 Speaker 4: and I'd be like, you have a major minimum repayment 341 00:14:50,720 --> 00:14:52,720 Speaker 4: for this amount of time. I think I just hit 342 00:14:52,720 --> 00:14:54,240 Speaker 4: a point where I was like, no, I'm not doing 343 00:14:54,240 --> 00:14:56,760 Speaker 4: this anymore. So started hitting my minimum repayments and I 344 00:14:56,800 --> 00:14:58,280 Speaker 4: was like, oh, I can actually pay more than this. 345 00:14:58,400 --> 00:15:00,560 Speaker 4: I'm putting money into savings. I can pay fifty dollars 346 00:15:00,760 --> 00:15:03,520 Speaker 4: my one hundred. And I think towards the end of 347 00:15:03,600 --> 00:15:05,320 Speaker 4: paying off the debt, I was paying off nine hundred 348 00:15:05,320 --> 00:15:05,800 Speaker 4: dollars a week. 349 00:15:05,920 --> 00:15:09,960 Speaker 2: Oh my gosh, no you weren't. Yeah, that's so much money. 350 00:15:11,200 --> 00:15:13,440 Speaker 4: It was just really fun to see that number drop, 351 00:15:13,520 --> 00:15:15,560 Speaker 4: to not have anyone ring me, and it has control 352 00:15:15,560 --> 00:15:16,320 Speaker 4: over the situation. 353 00:15:16,440 --> 00:15:19,440 Speaker 2: Again, it's snowballs, right Like, once you're close to the 354 00:15:19,600 --> 00:15:22,040 Speaker 2: end of a debt repayment journey, you just end up 355 00:15:22,040 --> 00:15:24,440 Speaker 2: throwing so much at it because you're like, go way, 356 00:15:24,440 --> 00:15:26,560 Speaker 2: go ay, Like it just feels like it's so much 357 00:15:26,560 --> 00:15:30,000 Speaker 2: more impactful, right Like, It's crazy how much gratification you 358 00:15:30,080 --> 00:15:30,720 Speaker 2: get out of that. 359 00:15:31,120 --> 00:15:31,280 Speaker 1: Yeah. 360 00:15:31,320 --> 00:15:34,240 Speaker 4: I think that's probably my biggest accomplishment is getting out 361 00:15:34,240 --> 00:15:37,160 Speaker 4: of that because it wasn't easy and it was something 362 00:15:37,200 --> 00:15:38,800 Speaker 4: that I really had to learn for myself. 363 00:15:39,320 --> 00:15:41,680 Speaker 2: Oh, I love it so much. All right, let's get 364 00:15:41,720 --> 00:15:43,480 Speaker 2: back on track with the questions, because I like to 365 00:15:43,520 --> 00:15:46,400 Speaker 2: go rogue, but we can't be too rogue. Tell me now, 366 00:15:46,480 --> 00:15:48,280 Speaker 2: you said that you're working full time. What do you 367 00:15:48,280 --> 00:15:49,800 Speaker 2: do for work and how much money do you win? 368 00:15:50,360 --> 00:15:53,360 Speaker 4: So I am a graduate planning office, so I work 369 00:15:53,480 --> 00:15:56,120 Speaker 4: in urban and regional planning space in a local government 370 00:15:56,520 --> 00:15:59,440 Speaker 4: so making decisions on development in the area. I gotta 371 00:15:59,480 --> 00:16:01,680 Speaker 4: pay rize this week. Actually, so I'm on a sixty 372 00:16:01,680 --> 00:16:04,680 Speaker 4: five thousand, eight hundred and seventy two dollars. I'm super 373 00:16:04,760 --> 00:16:05,760 Speaker 4: on top of that as well. 374 00:16:06,120 --> 00:16:08,000 Speaker 2: Oh my gosh, super on top of that. I love 375 00:16:08,040 --> 00:16:10,680 Speaker 2: how specific you are too. Most people would say, oh, 376 00:16:10,680 --> 00:16:12,800 Speaker 2: I'm on sixty five or I'm on sixty six, but 377 00:16:12,800 --> 00:16:15,120 Speaker 2: you're like, no, I'm on sixty five thousand, eight hundred 378 00:16:15,200 --> 00:16:17,920 Speaker 2: and seventy five dollars, and then I also get super contributions. 379 00:16:17,960 --> 00:16:19,600 Speaker 2: I'm probably gonna argue with you at the end of 380 00:16:19,600 --> 00:16:21,880 Speaker 2: this episode about that C plus you gave yourself before, 381 00:16:21,880 --> 00:16:25,120 Speaker 2: because no one's that financially literally, you know, like, I 382 00:16:25,120 --> 00:16:27,840 Speaker 2: don't feel like you don't give yourself enough credit. That 383 00:16:28,000 --> 00:16:30,320 Speaker 2: is so exciting. You mentioned before that you got out 384 00:16:30,320 --> 00:16:33,360 Speaker 2: of debt. Tell me about what your current big money 385 00:16:33,400 --> 00:16:36,080 Speaker 2: goals are, Like, what are you currently working towards. 386 00:16:36,400 --> 00:16:38,320 Speaker 4: I had this really grand idea that I wanted to 387 00:16:38,320 --> 00:16:39,800 Speaker 4: own four houses for four thirty. 388 00:16:39,960 --> 00:16:41,160 Speaker 2: Oh big dog. I like that. 389 00:16:42,840 --> 00:16:45,520 Speaker 4: We love thick goals. I think if anything, I've lined 390 00:16:45,520 --> 00:16:47,360 Speaker 4: over the years, so I can literally do anything. I've 391 00:16:47,360 --> 00:16:49,680 Speaker 4: just got to actually work at it. So yeah, I 392 00:16:49,680 --> 00:16:52,000 Speaker 4: would really love to have four houses before thirty and 393 00:16:52,040 --> 00:16:53,960 Speaker 4: be an ethical landlord, so be able to give the 394 00:16:54,000 --> 00:16:56,320 Speaker 4: option to people like single mothers and stuff like that, 395 00:16:56,360 --> 00:16:58,440 Speaker 4: and have a choice if there's applications in front of 396 00:16:58,440 --> 00:17:00,360 Speaker 4: me where I can see that someone is struggle or 397 00:17:00,680 --> 00:17:02,680 Speaker 4: might not be looked at favorably, and I can say 398 00:17:02,760 --> 00:17:03,200 Speaker 4: yes to that. 399 00:17:03,560 --> 00:17:06,080 Speaker 2: I love that. See at the start, you know, I 400 00:17:06,119 --> 00:17:08,119 Speaker 2: was like, you're such a special human being and you're like, no, 401 00:17:08,320 --> 00:17:11,480 Speaker 2: I'm not, all right, Well just keep digging your hole. 402 00:17:11,600 --> 00:17:15,160 Speaker 2: That's fine money, Diaris. Let's go to a really quick 403 00:17:15,160 --> 00:17:16,680 Speaker 2: break and on the flip side, and when I ask 404 00:17:16,680 --> 00:17:19,600 Speaker 2: you about your investments, your debts, what this plan to 405 00:17:19,680 --> 00:17:23,919 Speaker 2: actually get into four investment properties before you're thirty looks like? 406 00:17:24,320 --> 00:17:26,800 Speaker 2: And your best and worst money habits, so guys don't 407 00:17:26,840 --> 00:17:35,280 Speaker 2: go anywhere. All right, we are back money diarist. I 408 00:17:35,320 --> 00:17:38,119 Speaker 2: am so excited to learn a little bit more about 409 00:17:38,160 --> 00:17:40,520 Speaker 2: you and your journey, but I actually want to start 410 00:17:40,520 --> 00:17:43,600 Speaker 2: with investments. Do you have any investments? If so, what 411 00:17:43,640 --> 00:17:45,520 Speaker 2: are they? If not, what's the plan? 412 00:17:46,480 --> 00:17:49,639 Speaker 4: So obviously I've mentioned I'd like to invest in houses 413 00:17:49,640 --> 00:17:51,239 Speaker 4: and stuff like that. At the moment, I don't have 414 00:17:51,320 --> 00:17:54,800 Speaker 4: any additional investments. Outs all don't have spaceship. I have 415 00:17:54,880 --> 00:17:57,320 Speaker 4: my Super, so Super at the moment is sitting in 416 00:17:57,359 --> 00:18:01,240 Speaker 4: around forty two grand. So we've worked. They do eleven 417 00:18:01,240 --> 00:18:03,800 Speaker 4: percent to start off with, I contribute six and then 418 00:18:03,800 --> 00:18:06,439 Speaker 4: they match me with that six as well, So I 419 00:18:06,440 --> 00:18:09,040 Speaker 4: think that puts me up at twenty three percent at 420 00:18:09,040 --> 00:18:11,440 Speaker 4: the moment, which is really cool and really exciting because 421 00:18:11,440 --> 00:18:13,640 Speaker 4: of recently seeing that grow. At the moment, I'm. 422 00:18:13,480 --> 00:18:16,919 Speaker 2: Sorry just reminding everybody that you said you're a C plus, 423 00:18:17,000 --> 00:18:19,680 Speaker 2: yet you're here with such clarity on what you earn 424 00:18:19,720 --> 00:18:22,200 Speaker 2: and you're contributing twenty three percent to Souper. But okay, 425 00:18:22,240 --> 00:18:24,160 Speaker 2: I'll just go back to my hole, no worries. 426 00:18:26,600 --> 00:18:28,840 Speaker 4: And then I also have one thousand dollars in spaceship. 427 00:18:28,960 --> 00:18:30,800 Speaker 2: Oh so you do have some investments? You said, I 428 00:18:30,840 --> 00:18:32,560 Speaker 2: don't have anything else, and then you're like, I have 429 00:18:33,119 --> 00:18:35,600 Speaker 2: one thousand dollars in spaceship and I also have a 430 00:18:35,600 --> 00:18:38,040 Speaker 2: plan to buy four houses before I'm thirty. That's an 431 00:18:38,040 --> 00:18:40,560 Speaker 2: investment plan, my friend. That's exactly what you've got there. 432 00:18:42,520 --> 00:18:44,920 Speaker 4: It feels really small at the moment. It's like savings. 433 00:18:44,920 --> 00:18:46,639 Speaker 4: You don't what I mean, It's like baby savings. 434 00:18:46,760 --> 00:18:49,440 Speaker 2: I'm sorry, are you here on literally the She's on 435 00:18:49,480 --> 00:18:51,720 Speaker 2: the Money Show comparing your journey to that of others 436 00:18:51,720 --> 00:18:54,360 Speaker 2: after I've told you, literally for the past nearly five 437 00:18:54,440 --> 00:18:58,439 Speaker 2: years not to do that wild but okay, ah, I 438 00:18:58,480 --> 00:18:59,600 Speaker 2: just want to sit you down and be like, do 439 00:18:59,640 --> 00:19:00,439 Speaker 2: you know how you are? 440 00:19:00,560 --> 00:19:00,639 Speaker 1: Like? 441 00:19:00,680 --> 00:19:02,960 Speaker 2: Do you know how great this is? Like there are 442 00:19:03,000 --> 00:19:05,560 Speaker 2: honestly going to be people listening to this and being like, wow, 443 00:19:05,680 --> 00:19:08,320 Speaker 2: look at the journey she's been on. You know, she 444 00:19:08,440 --> 00:19:11,600 Speaker 2: got out of this circumstance at age nineteen. She was 445 00:19:11,600 --> 00:19:13,920 Speaker 2: in a mass amount of debt. Now you're getting your 446 00:19:13,960 --> 00:19:18,159 Speaker 2: life back together, you're working and studying and honestly slaying it, 447 00:19:18,359 --> 00:19:20,399 Speaker 2: and you're here going, oh, it's not very good in 448 00:19:20,400 --> 00:19:23,280 Speaker 2: comparison to other people, Yet at such a young age, 449 00:19:23,320 --> 00:19:27,080 Speaker 2: you are contributing twenty three percent to SUPER. Like this 450 00:19:27,320 --> 00:19:30,640 Speaker 2: to me is just wild, Like it's so inspiring, it's 451 00:19:30,680 --> 00:19:34,120 Speaker 2: so beautiful. But my favorite part about this is you're 452 00:19:34,160 --> 00:19:36,520 Speaker 2: not going to become your parents because you have such 453 00:19:36,560 --> 00:19:38,960 Speaker 2: clarity on what your future looks like. And I think 454 00:19:39,000 --> 00:19:41,840 Speaker 2: that that is like the best thing out of this 455 00:19:41,880 --> 00:19:44,960 Speaker 2: whole journey, Like you can quite clearly articulate why you 456 00:19:45,000 --> 00:19:46,600 Speaker 2: don't want to be them, and you haven't said that, 457 00:19:46,680 --> 00:19:50,160 Speaker 2: but it's quite clear that you're crafting this journey that 458 00:19:50,400 --> 00:19:53,480 Speaker 2: wasn't shown to you. You're crafting your own journey and 459 00:19:53,520 --> 00:19:56,520 Speaker 2: putting yourself in this position, and you've done it yourself. Like, 460 00:19:56,560 --> 00:19:58,120 Speaker 2: do you know how many people are in the same 461 00:19:58,160 --> 00:20:01,240 Speaker 2: position as you because of privilege, because they've actually been 462 00:20:01,400 --> 00:20:04,239 Speaker 2: sped all of this information, they've been told to, you know, 463 00:20:04,480 --> 00:20:06,920 Speaker 2: contribute more to SUPER by their parents. They've been given 464 00:20:06,960 --> 00:20:09,280 Speaker 2: a leg up, they've been given all these opportunities, and 465 00:20:09,320 --> 00:20:11,679 Speaker 2: they've maybe dragged their feet for a few years because 466 00:20:11,960 --> 00:20:14,399 Speaker 2: union life is fun and why not bother failing a 467 00:20:14,400 --> 00:20:16,560 Speaker 2: few times, And there's no judgment on that. But I 468 00:20:16,560 --> 00:20:18,480 Speaker 2: don't think you're giving yourself nearly enough credit. 469 00:20:18,760 --> 00:20:21,320 Speaker 4: No, thank you. 470 00:20:21,320 --> 00:20:23,520 Speaker 2: You are out of debt. But I do want to 471 00:20:23,520 --> 00:20:25,720 Speaker 2: ask do you have any debts? If so, what are they? 472 00:20:25,920 --> 00:20:28,240 Speaker 2: If not, what's the plan to stay out of debt 473 00:20:28,320 --> 00:20:30,480 Speaker 2: except for like mortgages and stuff moving forward? 474 00:20:30,640 --> 00:20:32,439 Speaker 4: So I have one mortgage at the moment, which is 475 00:20:32,480 --> 00:20:35,359 Speaker 4: my primary residence. So I owe two hundred and fifty 476 00:20:35,400 --> 00:20:38,200 Speaker 4: five thousand dollars on the house. Estimates from the bank 477 00:20:38,240 --> 00:20:40,719 Speaker 4: put it at about three fifty. Real estate markets put 478 00:20:40,760 --> 00:20:44,919 Speaker 4: it about five twenty. Oh very nice, not too sure that. 479 00:20:45,040 --> 00:20:46,720 Speaker 4: And then I have my hextet as well, So my 480 00:20:46,760 --> 00:20:49,280 Speaker 4: hex day is currently fourteen thousand dollars. I'm in my 481 00:20:49,359 --> 00:20:52,119 Speaker 4: second year. I've got nine minutes left, so probably going 482 00:20:52,160 --> 00:20:54,040 Speaker 4: to go up a little bit, but don't expect it 483 00:20:54,080 --> 00:20:54,919 Speaker 4: to go more than thirty. 484 00:20:55,600 --> 00:20:57,520 Speaker 2: I love that. Now, tell me a bit more about 485 00:20:57,520 --> 00:21:00,479 Speaker 2: this plan to own four houses before the age of thirty. 486 00:21:01,000 --> 00:21:04,040 Speaker 2: So you're one down, which I mean that's literally twenty 487 00:21:04,119 --> 00:21:08,280 Speaker 2: five percent towards this goal. So that's amazing. But what's 488 00:21:08,320 --> 00:21:10,399 Speaker 2: the plan for the next house? Is this something that 489 00:21:10,400 --> 00:21:12,640 Speaker 2: you're looking at in the near future, Like, how are 490 00:21:12,640 --> 00:21:15,320 Speaker 2: you planning on purchasing this house and getting the next 491 00:21:15,400 --> 00:21:16,439 Speaker 2: step some sort. 492 00:21:16,320 --> 00:21:18,639 Speaker 4: Of halfway between. At the moment, obviously my mortgage is 493 00:21:18,720 --> 00:21:21,399 Speaker 4: quite low, my borrowing capacity isn't quite mixed out at 494 00:21:21,400 --> 00:21:23,600 Speaker 4: the moment, so obviously need to start earning more money 495 00:21:24,040 --> 00:21:26,240 Speaker 4: to have a higher borrowing capacity, and when light to 496 00:21:26,440 --> 00:21:29,399 Speaker 4: is get putty from my house. That I have focus 497 00:21:29,440 --> 00:21:31,159 Speaker 4: at the moment is just paying down as much of 498 00:21:31,160 --> 00:21:33,720 Speaker 4: the mortgage as I can, so smashing that out, so 499 00:21:33,760 --> 00:21:35,720 Speaker 4: I've got a little bit more wiggle room with what 500 00:21:35,760 --> 00:21:38,159 Speaker 4: i could do next. I also have a partner, so 501 00:21:38,200 --> 00:21:40,600 Speaker 4: we've been together before two and a half years now, 502 00:21:40,720 --> 00:21:43,000 Speaker 4: which definitely considered buying, and it's something that is looking 503 00:21:43,040 --> 00:21:45,359 Speaker 4: at doing independently of me. So it's just sort of 504 00:21:45,359 --> 00:21:48,159 Speaker 4: the way that timing wakes out with my sister with 505 00:21:48,320 --> 00:21:50,840 Speaker 4: the house and with him buying on how we sort 506 00:21:50,880 --> 00:21:53,080 Speaker 4: of do things that approach things in the future. So 507 00:21:53,119 --> 00:21:55,040 Speaker 4: don't really have a solid man in pace, but have 508 00:21:55,119 --> 00:21:58,000 Speaker 4: got a few different options that I'm just happy to 509 00:21:58,040 --> 00:21:59,959 Speaker 4: explore and see how things work out. 510 00:22:00,280 --> 00:22:02,399 Speaker 2: No, I really like that. I think it's solid, but 511 00:22:02,440 --> 00:22:05,639 Speaker 2: it's also really reasonable given the position you're in, it 512 00:22:05,680 --> 00:22:08,640 Speaker 2: makes a lot of sense. Money Diarist, you got out 513 00:22:08,640 --> 00:22:11,160 Speaker 2: of twenty three thousand dollars worth of debt. I feel 514 00:22:11,160 --> 00:22:13,640 Speaker 2: like you might have a few cheeky good money habits, 515 00:22:13,840 --> 00:22:16,760 Speaker 2: my friend, what are your best money habits do you think? 516 00:22:16,920 --> 00:22:19,159 Speaker 4: I think, as mentioned before, my best money habit is 517 00:22:19,200 --> 00:22:21,320 Speaker 4: just saying, debt and bills is a game to pay. 518 00:22:21,720 --> 00:22:23,520 Speaker 4: So I'm ahead on all of my bills at the moment. 519 00:22:23,680 --> 00:22:26,000 Speaker 4: What are electricity, gas, all of it? I like just 520 00:22:26,000 --> 00:22:27,960 Speaker 4: putting that little bit extra. So if the bill comes 521 00:22:27,960 --> 00:22:29,359 Speaker 4: in it two seventy, you're like, all right, let's do 522 00:22:29,440 --> 00:22:32,280 Speaker 4: three fifty and let's just stop that and keep on going. 523 00:22:32,359 --> 00:22:34,960 Speaker 4: So paying forward and sort of buying myself a little 524 00:22:35,000 --> 00:22:37,159 Speaker 4: bit of security in future. And it's definitely how I 525 00:22:37,240 --> 00:22:39,639 Speaker 4: treat debt as well. So it's nice seeing the numbers 526 00:22:39,680 --> 00:22:42,880 Speaker 4: go down and are so yeah, just have a little 527 00:22:42,880 --> 00:22:43,439 Speaker 4: bit of fun with it. 528 00:22:43,640 --> 00:22:45,840 Speaker 2: I don't think i've heard it on a money diary before, 529 00:22:46,000 --> 00:22:49,080 Speaker 2: of seeing your debt and bills as a game, like 530 00:22:49,200 --> 00:22:53,160 Speaker 2: that's actually very cool and definitely a mindset I can 531 00:22:53,200 --> 00:22:55,520 Speaker 2: subscribe to. I think that that makes a lot of sense. 532 00:22:55,600 --> 00:22:58,240 Speaker 2: You can gamify it. I'm in debt and bills are 533 00:22:58,280 --> 00:22:59,879 Speaker 2: not sexy. You tell me it's a game. I want 534 00:22:59,920 --> 00:23:02,679 Speaker 2: to play, like, can we play? How do I do it? Like, 535 00:23:02,720 --> 00:23:06,520 Speaker 2: I'm in no, but that's great. I love that mindsett's 536 00:23:06,560 --> 00:23:08,920 Speaker 2: bring the mood down though we always do this every 537 00:23:08,920 --> 00:23:11,480 Speaker 2: single episode. I breiled you up and then I'm like, babe, 538 00:23:11,480 --> 00:23:14,560 Speaker 2: what are your worst money habits? Share with the team. 539 00:23:14,840 --> 00:23:18,720 Speaker 4: I am impulsive, like really really impulsive. So if I 540 00:23:18,800 --> 00:23:21,119 Speaker 4: see something and I'm like, oh, you deserve a little treaty, ty, 541 00:23:21,760 --> 00:23:23,919 Speaker 4: you best believe I'm buying myself a little treat and 542 00:23:23,960 --> 00:23:26,240 Speaker 4: it could be anything from you deserve it a little 543 00:23:26,240 --> 00:23:29,760 Speaker 4: outfit for my cat to really extensive hall at Mecca. 544 00:23:29,880 --> 00:23:31,440 Speaker 4: I'm ready, sign me up. 545 00:23:33,320 --> 00:23:35,360 Speaker 2: I'm sorry you just said two of my favorite things 546 00:23:35,400 --> 00:23:38,080 Speaker 2: cat outfits and hauls at Mecca. Like, I'm sorry. You 547 00:23:38,119 --> 00:23:41,320 Speaker 2: were meant to give me bad things, things that weren't attractive. 548 00:23:41,560 --> 00:23:44,720 Speaker 2: What you've given me is inspiration. Yeah yeah, So you're 549 00:23:44,760 --> 00:23:46,639 Speaker 2: telling me that I can see my debt and bills 550 00:23:46,680 --> 00:23:49,160 Speaker 2: as a game? Can I see cat outfits as a game? 551 00:23:49,760 --> 00:23:50,480 Speaker 2: Is that an option? 552 00:23:50,840 --> 00:23:52,520 Speaker 4: Only if you're like collecting them all that? You know 553 00:23:52,560 --> 00:23:54,639 Speaker 4: we need one for every holiday season. He hates a 554 00:23:54,680 --> 00:23:58,200 Speaker 4: little worth, but I love them. He looks so cute. 555 00:23:58,680 --> 00:24:01,840 Speaker 2: Side note, my cat Bailey has a pumpkin hat and 556 00:24:01,880 --> 00:24:04,399 Speaker 2: it's my favorite thing in the entire world. It's like 557 00:24:04,440 --> 00:24:06,600 Speaker 2: a tiny pumpkin hat that you put on top of 558 00:24:06,640 --> 00:24:08,880 Speaker 2: his head and it has a little elastic that goes 559 00:24:08,920 --> 00:24:10,960 Speaker 2: in front of his ears. And the best part about 560 00:24:10,960 --> 00:24:12,720 Speaker 2: it is he doesn't try to shake it off. He 561 00:24:12,840 --> 00:24:15,400 Speaker 2: just looks at you like, is this what I'm meant 562 00:24:15,400 --> 00:24:17,240 Speaker 2: to do with my life now, mum? And you're like, yes, 563 00:24:17,320 --> 00:24:20,240 Speaker 2: little pumpkin boy, Like this is a treat for two 564 00:24:20,240 --> 00:24:22,760 Speaker 2: people too. It's for me and my cat, Like I'm 565 00:24:22,800 --> 00:24:25,960 Speaker 2: sharing my money. That's very kind of me, which is 566 00:24:26,600 --> 00:24:29,919 Speaker 2: money Diarist. It has come almost to the end of 567 00:24:29,920 --> 00:24:34,639 Speaker 2: the episode, and my last question is always, now that 568 00:24:34,680 --> 00:24:37,359 Speaker 2: we've talked, do you think that the grade of C 569 00:24:37,600 --> 00:24:41,000 Speaker 2: plus is actually reflective of where you are? But before 570 00:24:41,040 --> 00:24:42,760 Speaker 2: I ask you that, I kind of want to go 571 00:24:42,840 --> 00:24:45,840 Speaker 2: through what we've learnt from you. I mean, you wrote 572 00:24:45,880 --> 00:24:49,200 Speaker 2: in this beautiful money diary about you know, how your 573 00:24:49,280 --> 00:24:52,359 Speaker 2: money story started off really grim and you you know, 574 00:24:52,400 --> 00:24:55,359 Speaker 2: went through this financially abusive relationship with your parents. You 575 00:24:55,440 --> 00:24:58,479 Speaker 2: were in significant amounts of debt, but you're now in 576 00:24:58,480 --> 00:25:01,760 Speaker 2: this position where you work a grad planning officer because 577 00:25:01,800 --> 00:25:05,000 Speaker 2: you hustled your way into that job, like not even 578 00:25:05,040 --> 00:25:06,959 Speaker 2: because you've graduated, because you were like, I'm just going 579 00:25:07,000 --> 00:25:09,720 Speaker 2: to apply. I'm probably gonna, you know, do well at this, 580 00:25:09,920 --> 00:25:12,960 Speaker 2: and everybody else agreed. You've just got to pay rise. 581 00:25:13,320 --> 00:25:17,520 Speaker 2: You contribute twenty three percent to super You literally said, 582 00:25:17,520 --> 00:25:19,440 Speaker 2: and I wrote it down because I loved it so much. 583 00:25:19,480 --> 00:25:21,320 Speaker 2: You said, I can do anything, I just have to 584 00:25:21,359 --> 00:25:24,560 Speaker 2: work at it, and it made me go, yes, you can. 585 00:25:24,760 --> 00:25:28,359 Speaker 2: I adore that so much. You have these really clear 586 00:25:28,440 --> 00:25:30,399 Speaker 2: goals of going, all right, V, I really want to 587 00:25:30,400 --> 00:25:32,480 Speaker 2: own four houses by the time I'm thirty. I'm twenty 588 00:25:32,520 --> 00:25:34,959 Speaker 2: five percent there, Like, here's the plan. You know, I 589 00:25:35,040 --> 00:25:37,440 Speaker 2: haven't got rocks in my head. This is how I'm 590 00:25:37,440 --> 00:25:39,920 Speaker 2: going to achieve it. You're talking about, you know, using 591 00:25:40,000 --> 00:25:43,600 Speaker 2: your borrowing capacity to buy more and understanding fully that 592 00:25:43,640 --> 00:25:46,120 Speaker 2: you need more of a borrowing capacity to get there. 593 00:25:46,200 --> 00:25:48,159 Speaker 2: You also want to talk about using the equity in 594 00:25:48,240 --> 00:25:51,920 Speaker 2: your current property. You talked about how we gammifying bills 595 00:25:52,040 --> 00:25:55,960 Speaker 2: and debt, and also the stuff that I was talking 596 00:25:55,960 --> 00:25:58,359 Speaker 2: about at the start, how you're a really special human 597 00:25:58,400 --> 00:26:00,600 Speaker 2: for taking on a shared care role of your sixteen 598 00:26:00,640 --> 00:26:04,159 Speaker 2: year old sister, Now, could you tell me if that 599 00:26:04,400 --> 00:26:07,480 Speaker 2: sounds like the money habits of somebody who is a 600 00:26:07,520 --> 00:26:10,399 Speaker 2: C plus. Well, when you put it like that, I 601 00:26:10,520 --> 00:26:12,080 Speaker 2: just told you what you told me aback, But like 602 00:26:12,119 --> 00:26:14,439 Speaker 2: I haven't changed the words, I haven't changed the story. 603 00:26:14,480 --> 00:26:16,840 Speaker 2: I can, but I don't think it's even worth it, 604 00:26:16,920 --> 00:26:20,160 Speaker 2: because like, what would you grade that person's money habits? 605 00:26:20,560 --> 00:26:23,240 Speaker 4: Look, I think we're very quick to downplay what we do. 606 00:26:23,359 --> 00:26:25,520 Speaker 4: And when you lay it all down like that, I 607 00:26:25,520 --> 00:26:28,280 Speaker 4: think I'm doing very well for myself. I'm very proud 608 00:26:28,280 --> 00:26:31,000 Speaker 4: of myself. And it's moments like this which actually make 609 00:26:31,080 --> 00:26:33,560 Speaker 4: you sit and take a breath and be like, wow, 610 00:26:33,640 --> 00:26:37,160 Speaker 4: I have a commission so much in such a short 611 00:26:37,200 --> 00:26:39,480 Speaker 4: period of time. I sort of went into it thinking, 612 00:26:39,760 --> 00:26:41,919 Speaker 4: I don't know, maybe i'd feel like a baby. I 613 00:26:42,040 --> 00:26:44,040 Speaker 4: genuinely feel like I'm an a at the moment you. 614 00:26:44,080 --> 00:26:49,119 Speaker 2: Are, you are an a Exactly when you said C plus, 615 00:26:49,160 --> 00:26:51,320 Speaker 2: I was like, Okay, let's learn more about that. Had 616 00:26:51,359 --> 00:26:53,800 Speaker 2: heard like a tiny bit of your story. The more 617 00:26:53,880 --> 00:26:56,639 Speaker 2: I learned, I think that we had listeners and you 618 00:26:56,680 --> 00:26:59,560 Speaker 2: know who was listening to this going like Victoria's right, 619 00:27:00,240 --> 00:27:02,679 Speaker 2: C plus And if you listen to money diaries. There 620 00:27:02,720 --> 00:27:04,200 Speaker 2: are times where I'm like, no, I'm not going to 621 00:27:04,320 --> 00:27:06,240 Speaker 2: argue with the money direst Like if they say that 622 00:27:06,359 --> 00:27:08,479 Speaker 2: they feel like that's where they're at, I'm not going 623 00:27:08,520 --> 00:27:11,520 Speaker 2: to argue with them, because I think mindset is really important. 624 00:27:11,760 --> 00:27:13,760 Speaker 2: But you can't tell me the story that you just 625 00:27:13,880 --> 00:27:15,960 Speaker 2: told me and then expect me to swallow a C 626 00:27:16,080 --> 00:27:19,120 Speaker 2: plus my love, Like, that's just I'm so sorry. It's 627 00:27:19,160 --> 00:27:21,959 Speaker 2: just not going to happen. But you are correct. I 628 00:27:22,000 --> 00:27:24,200 Speaker 2: think you are absolutely a A. I was going to 629 00:27:24,240 --> 00:27:26,159 Speaker 2: give you an A plus, but we can sett a 630 00:27:26,160 --> 00:27:28,879 Speaker 2: lot on an A because I think there's always always 631 00:27:28,880 --> 00:27:31,080 Speaker 2: always room for improvement even if we say that we're 632 00:27:31,080 --> 00:27:34,000 Speaker 2: an A plus. But holy moly, I'm so proud of 633 00:27:34,000 --> 00:27:36,360 Speaker 2: you and the journey that you have been on. I'm 634 00:27:36,359 --> 00:27:39,400 Speaker 2: going to gift you actually our budgeting cash flow masterclass 635 00:27:39,440 --> 00:27:41,920 Speaker 2: because I know you said you're a little bit impulsive. 636 00:27:42,000 --> 00:27:44,560 Speaker 2: I'm also a little bit impulsive, and I created that 637 00:27:44,720 --> 00:27:48,640 Speaker 2: plan to kind of hopefully cap my impulsiveness. We can 638 00:27:48,760 --> 00:27:51,160 Speaker 2: put the cat outfits into the budget. We are still 639 00:27:51,160 --> 00:27:54,080 Speaker 2: trying to live our lives. We are definitely making sure 640 00:27:54,119 --> 00:27:56,240 Speaker 2: that those things are included. Because you're right, we all 641 00:27:56,280 --> 00:27:59,440 Speaker 2: do deserve a treaty treat but I genuinely think that 642 00:27:59,440 --> 00:28:02,000 Speaker 2: that might help you feel a little bit more empowered 643 00:28:02,160 --> 00:28:05,879 Speaker 2: and feel like you're taking control of that journey of yours, 644 00:28:05,920 --> 00:28:08,560 Speaker 2: because often when it comes to things like this, where 645 00:28:08,600 --> 00:28:10,760 Speaker 2: you're like, look, I've got a plan, but like getting 646 00:28:10,800 --> 00:28:13,320 Speaker 2: it down on paper or getting it into a system 647 00:28:13,640 --> 00:28:15,600 Speaker 2: can make you go, wow, I am actually killing it 648 00:28:15,600 --> 00:28:17,880 Speaker 2: at this and you give yourself even more credits. So 649 00:28:18,280 --> 00:28:20,000 Speaker 2: I'm going to give that to you so that you 650 00:28:20,000 --> 00:28:21,719 Speaker 2: can do that, hopefully when you have a little bit 651 00:28:21,720 --> 00:28:23,720 Speaker 2: of free time, which I don't think you have between 652 00:28:23,760 --> 00:28:27,359 Speaker 2: looking after your sister, studying and working. But like you know, 653 00:28:27,440 --> 00:28:28,639 Speaker 2: it's aspirational from me. 654 00:28:28,920 --> 00:28:31,320 Speaker 4: Thank you so much Onneslie. 655 00:28:30,800 --> 00:28:33,000 Speaker 2: But unfortunately, my friend, I think that is all we 656 00:28:33,119 --> 00:28:35,440 Speaker 2: have time for today. So thank you for being so open, 657 00:28:35,480 --> 00:28:37,359 Speaker 2: thank you for sharing your story, and thank you for 658 00:28:37,400 --> 00:28:39,160 Speaker 2: being you. As I said at the start, you are 659 00:28:39,200 --> 00:28:41,160 Speaker 2: a special human being and I don't want you to 660 00:28:41,200 --> 00:28:43,280 Speaker 2: forget that, and I want you to give yourself more credit. 661 00:28:43,360 --> 00:28:44,680 Speaker 4: Thank you so much for having me. 662 00:28:45,080 --> 00:28:54,440 Speaker 2: Of course, the advice shared on She's on the Money 663 00:28:54,560 --> 00:28:58,280 Speaker 2: is general in nature and does not consider your individual circumstances. 664 00:28:58,640 --> 00:29:02,080 Speaker 2: She's on the Money exists purely for educational purposes and 665 00:29:02,120 --> 00:29:04,520 Speaker 2: should not be relied upon to make an investment or 666 00:29:04,600 --> 00:29:08,160 Speaker 2: financial decision. If you do choose to buy a financial product, 667 00:29:08,280 --> 00:29:12,280 Speaker 2: read the PDS TMD and obtain appropriate financial advice tailored 668 00:29:12,280 --> 00:29:15,760 Speaker 2: towards your needs. Victoria Divine and She's on the Money 669 00:29:15,800 --> 00:29:20,360 Speaker 2: are authorized representatives of money Sherper Pty Ltd. A BN 670 00:29:20,520 --> 00:29:23,320 Speaker 2: three two one IS six four nine two seven seven 671 00:29:23,440 --> 00:29:28,720 Speaker 2: zero eight AFSL four five one two eight nine