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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Order

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Speaker 1: Order Kerni Whoalbury and a waddery woman. And before we

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Speaker 1: get started on She's on the Money podcast, I would

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Speaker 1: like to acknowledge the traditional custodians of the land of

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Speaker 1: which this podcast is recorded on a wondery country, acknowledging

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Speaker 1: the elders, the ancestors and the next generation coming through

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Speaker 1: as this podcast is about connecting, empowering, knowledge sharing and

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Speaker 1: the storytelling of you to make a difference for today

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Speaker 1: and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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Speaker 3: She's on the Money. She's on the Money.

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Speaker 4: Hello, and welcome to She's on the Money Podcast, Millennials

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Speaker 4: who want financial freedom. My friends, today is Friday. I

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Speaker 4: bet you didn't see this coming, but it is time

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Speaker 4: to get my little team together and celebrate you our

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Speaker 4: incredible She's on the Money community. Miss Jess Gorici is

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Speaker 4: going to be sharing our favorite money wins and telling

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Speaker 4: us about her thirtieth birthday. Miss Bechsayed has a number

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Speaker 4: of broke tips for us which I cannot wait to

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Speaker 4: get to. We also have a juicy money dilemma this week,

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Speaker 4: which is all about whether you're liable if your partner

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Speaker 4: owes tax, which I think is an interesting conundrum. I

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Speaker 4: love talking about partner debt. And then we have a

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Speaker 4: juicy little DM that you slid into our messages about

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Speaker 4: this week. We're talking about contributing to shared funds when

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Speaker 4: you're on Matt leave and your partner is full time,

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Speaker 4: which I feel like can also be really juicy.

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Speaker 2: I'm excited.

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Speaker 4: But before we get there, my loves, how are your

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Speaker 4: weeks specifically, Jessica, How are your thirties treating you?

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Speaker 5: Oh?

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Speaker 2: My god, great, I have been here for all of

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Speaker 2: twelve hours.

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Speaker 4: Twelve hours of thirty. It feel old? Excuse me? Were

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Speaker 4: this offly? And I am older than you?

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Speaker 2: And sorry?

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Speaker 4: Do you know what I really liked when I was like, yes,

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Speaker 4: I'm older than you. Just was like, oh, you're only

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Speaker 4: a year older. And I was like, I'm not though

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Speaker 4: I'm much older, but let's go with that.

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Speaker 6: It's very flattering.

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Speaker 4: And I was like, thanks, thanks, thanks, you just give

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Speaker 4: youthful fat. You know I'm immature. Yeah, I think that's

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Speaker 4: what they might.

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Speaker 2: Yeah, but it's been good. Nothing crazy, as you said.

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Speaker 2: I think when it was your birthday, like a week ago.

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Speaker 2: As year older, I think birthdays become like less of

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Speaker 2: a big thing, and I think I don't know, it

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Speaker 2: was weird. I was in two minds. I was like,

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Speaker 2: this is like a huge birthday, and then part of

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Speaker 2: me was like, oh, I just want to let it

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Speaker 2: like roll. So I was kind of like speaking to

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Speaker 2: the middle old Yeah, like it's just somewhere in the middle,

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Speaker 2: you know. But it's been really good. I came in,

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Speaker 2: I got lots of birthday love, I got my face

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Speaker 2: photoshopped onto a sign. What more could I ask for

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Speaker 2: from you?

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Speaker 4: But truly not anything more. Beck and I just use

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Speaker 4: that as an excuse to make your birthday aout us

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Speaker 4: to is also on that sign.

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Speaker 2: I love it.

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Speaker 6: I love other people's birthdays for this exact reason.

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Speaker 4: I just like celebrating other people. It's just really fun.

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Speaker 6: Yeah, And honestly, like I feel like once a year

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Speaker 6: we get to really bask in the glory and just

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Speaker 6: like we hear from everyone that we care about. It's

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Speaker 6: like it's a day where you can have all the

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Speaker 6: attention on you and you can feel good about it,

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Speaker 6: Like you don't have to feel bad about anything, not

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Speaker 6: that you do anyway, But like I am just so

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Speaker 6: happy to be able to celebrate you without it being

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Speaker 6: weird like that.

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Speaker 4: Without it being weird. Yeah, although she comes into work

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Speaker 4: every day justin she's like, I really wish I could celebrate.

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Speaker 6: Yes, Ricky, every day I wake up and think, oh

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Speaker 6: my goodness, I'm so happy she's alive. But today it's

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Speaker 6: not weird to stay say it out loud.

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Speaker 4: I love that. I love that. It's incredible. That's not

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Speaker 4: weird at all.

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Speaker 2: Apart from getting to celebrate, it's been the.

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Speaker 4: Best week ever. She got to tell you how what

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Speaker 4: you mean.

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Speaker 2: The best best week?

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Speaker 4: I'm so happy that you're live.

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Speaker 6: No, my week has been yeah, Rutchull you know it's

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Speaker 6: actually Also it's a fair.

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Speaker 2: While away, nearly your birthday.

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Speaker 6: Two is nearly my birthday. And usually I say July

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Speaker 6: is like the whole of July's yeah birthday.

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Speaker 4: It is your birthday.

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Speaker 6: Yep, but yes, I kind of have to share it

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Speaker 6: with both of you now, like you're like thirtieth of June.

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Speaker 2: Yeah, our team is like all cancers. There's so many

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Speaker 2: of us concentrated Corris this month as well.

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Speaker 4: Is it actually? And Brook is also a cancrian? Yes, yeah,

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Speaker 4: Mike is I feel like you can't work here unless

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Speaker 4: you're a Cancrian. I'm Leo actually, But do you know

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Speaker 4: what that tells me? I do not know that much

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Speaker 4: about the star science, which do you know what? Probably

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Speaker 4: a flex? Yeah, no, that's true.

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Speaker 6: It's very telling you don't want to know too much

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Speaker 6: about star signs. You kind of want to be on

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Speaker 6: the cusp, you.

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Speaker 4: Dabble, I know. So I've really been into dating shows

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Speaker 4: recently and just like watching dating shows on like Netflix

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Speaker 4: and stuff. And we've been watching a dating show on

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Speaker 4: Netflix at the moment, and like we've started a new season,

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Speaker 4: and I just knew it was going to be a

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Speaker 4: good season when like two of the girls they were like, Hi,

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Speaker 4: I'm Jess and I'm the Cancerrian, and I was just like,

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Speaker 4: this is gonna be So you just know that when

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Speaker 4: they introduced themselves by this star sign.

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Speaker 6: They're letting a lot of their bad behavior go like well, I'm.

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Speaker 4: Cancerrious really rude because of my star sign.

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Speaker 2: Do you remember when Abby Chatfield was on the Batch

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Speaker 2: and she got done so dirty because she was astronomer

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Speaker 2: and he like they came on, they were talking about

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Speaker 2: what they did and she's like, what are you doing?

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Speaker 2: He's like, I'm an astronomer, and she was like, amazing,

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Speaker 2: I'm a cancer or like whatever or whatever. She said yeah,

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Speaker 2: and she was like making a joke and trying to

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Speaker 2: be funny, but they made her look so dirty.

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Speaker 6: But really it's so clever, Like that's such a funny,

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Speaker 6: Like I would never have made that joke. It wouldn't

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Speaker 6: have come to me fast enough. And she's so sweaty.

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Speaker 4: She is so witty. It does my head in how

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Speaker 4: smart that woman is, Like do you guys know she

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Speaker 4: has a master's degree as well?

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Speaker 2: That doesn't so proud, doesn't. It doesn't.

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Speaker 6: She is very very smart.

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Speaker 4: It makes sense. I just feel like they did her

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Speaker 4: a dirty with that edit. But like low key, that

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Speaker 4: was really funny.

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Speaker 2: It was hilarious.

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Speaker 4: It was amazing. It was really funny.

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Speaker 6: I'm not going to go into this too much because

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Speaker 6: I know that we have a whole episode to do,

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Speaker 6: but they do make really pretty girls on like well

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Speaker 6: any kind of girl. They always make them look like

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Speaker 6: the dumb bimbo. But like, if you're smart, you're smart,

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Speaker 6: doesn't matter what gender you are, you just you're smart.

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Speaker 4: And she's really smart.

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Speaker 6: Anyway. I didn't like that at also thank you for.

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Speaker 2: I Love You.

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Speaker 4: But we're going to move on from our Abby fan

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Speaker 4: club because it's actually meant to be a Jess fan club,

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Speaker 4: so it's always going to come back to That's so great.

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Speaker 4: It's also Jess's birthday, which I think is a good,

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Speaker 4: good theme of this episode. But I want to jump

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Speaker 4: in because Jess. This week we have a number of

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Speaker 4: really good money with What are they? Do you want

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Speaker 4: to start at the top?

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Speaker 2: Absolutely? Firstly, this week, I've got one from Jade who said,

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Speaker 2: money win. I purchased a cookbook that's called ten Dollars Meals,

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Speaker 2: and using it has significantly reduced my grocery bill. She said,

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Speaker 2: it's almost been halved because all the recipes in this

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Speaker 2: book are ten dollars a under the cook which I

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Speaker 2: thought was very cool.

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Speaker 4: I love that. Is it still relevant or is this

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Speaker 4: like a little bit of a Curtis Stone moment where

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Speaker 4: he used to be able to do the ten dollar

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Speaker 4: meals with the supermarket and now it's like, oh, the

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Speaker 4: block of cheese is ten dollars.

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Speaker 2: Oh my god, depressing. I mean, I love that, though

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Speaker 2: yea half her grocery bills, I'm assuming it's at least helping.

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Speaker 4: It's actually working. A money win shed called Curdis Stone.

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Speaker 4: Let him know we could go back into business.

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Speaker 2: Have a look at the book, Curtis, maybe'll help you out. Next,

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Speaker 2: I've got a money win from Sheridan who said she

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Speaker 2: got a free ticket to Missy Higgins on Louis Yet.

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Speaker 4: Oh my gosh, I saw that money win. How does

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Speaker 4: it feel to lift my dream? Incredible?

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Speaker 2: I didn't even know miss Higgins was touring, and seeing

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Speaker 2: the name just took me, like right back to being

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Speaker 2: twelve years old. I remember, were you here?

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Speaker 4: I don't know if you were here, but you got

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Speaker 4: tickets and I was like, why didn't you tell me?

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Speaker 2: No, I don't think I was here for that for them.

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Speaker 4: But also Missy Higgins defined this won't be relevant to

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Speaker 4: you because you're a child beck, but it didn't find

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Speaker 4: my grade nine experience. I feel like all of your songs, yeah,

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Speaker 4: like I just be's like I wasn't born yet, but

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Speaker 4: I just I'm a test.

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Speaker 2: You're older than me.

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Speaker 4: Yeah, baby, you are your baby. You're all babies.

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Speaker 2: The vibe is I'm just a babier.

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Speaker 6: We're all just babies.

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Speaker 2: Actually, at the end of the day, just a little we're.

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Speaker 4: All just doing life for the first time. Behind.

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Speaker 2: Oh my god, that's so true. Put it on a

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Speaker 2: T shirt Salibate's merch. Next, I've got money in from Kalise,

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Speaker 2: who said she went to Freedom to look at shears

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Speaker 2: for her new home and she found a dresser that

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Speaker 2: she'd wanted for years that is now sold out for

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Speaker 2: two hundred and ninety nine dollars. It was originally fifteen hundred.

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Speaker 2: Oh my god, it was old floor stock. It's in

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Speaker 2: perfect condition, and I wanted to give it a shout

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Speaker 2: out because I'm really jealous because I've always wanted this

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Speaker 2: dresser and a picture. Yeah, well you see called the

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Speaker 2: Raffles dresser from Freedom. It's got a cute return yeah,

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Speaker 2: very website. Yeah, so absolutely well done from you, colle.

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Speaker 4: You can see why we have bought it because fifteen

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Speaker 4: hundred dollars for a dresser feels like a lot.

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Speaker 2: Three hundred bucks so money win.

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Speaker 4: That is a very good money win. Because also if

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Speaker 4: she decides that she doesn't like it, Galise can stick

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Speaker 4: it on Facebook market play make a problem exactly. You

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Speaker 4: can stick it on Facebook market place for five hundred

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Speaker 4: bucks and people would think that's a bargain absolutely completely.

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Speaker 2: Next, I've got a money win from Jackie who said

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Speaker 2: she got an email from Hoints today offering her a

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Speaker 2: one dollar movie ticket that comes with a free small popcorn.

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Speaker 4: Well, thank you.

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Speaker 2: Don't know how we get on that lead. That is

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Speaker 2: incredible if anyone works on hots and knows how to

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Speaker 2: sort that out.

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Speaker 4: You can't even popcorn these days for a dollar.

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Speaker 2: And they've shrunk the sizes and a lot of places too.

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Speaker 2: We went to a cineer the other day and I

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Speaker 2: was like, James grabbed the popcorn and I was like,

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Speaker 2: oh no, I want a large, and he's like, that

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Speaker 2: is a large asilation a drink with ten bucks. I

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Speaker 2: nearly died.

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Speaker 4: Do you know how hand doors for a drink?

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Speaker 2: Yeah?

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Speaker 4: No, no, no, And it would have been just post piccorn. Yeah,

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Speaker 4: it would have been post mixed. There's not even a

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Speaker 4: free bottle post so I stand post mix. Like my

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Speaker 4: favorite type of coke is McDonald's coke. Oh yeah, like

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Speaker 4: a crispy McDonald's coke zero.

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Speaker 2: It's different really like nothing else.

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Speaker 4: Like nothing else. I don't know why, but we also

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Speaker 4: know on this show if you've been a long time

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Speaker 4: listen that you know how obsessed Jess is with movie popcorn.

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Speaker 4: But do you know Jess has been known to order

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Speaker 4: movie popcorn or uber eats.

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Speaker 2: I think you do you want to go to the cinema?

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Speaker 2: I have done that because they cinema, my local cinema

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Speaker 2: closed a while ago, and so I can't uberets it anymore,

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Speaker 2: and so I do occasionally just pop into a different

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Speaker 2: cinema and take it to go.

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Speaker 4: You take the popcorn to go.

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Speaker 2: It's always quite embarrassing because I get in the line,

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Speaker 2: they go, do you want a ticket? And I go no,

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Speaker 2: and you know they might assume that I've bought a

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Speaker 2: ticket online. They give me the popcorn, and then instead

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Speaker 2: of going right into the cinema, I just do it

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Speaker 2: hang a left.

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Speaker 6: Literally I can picture the person there that's like waiting

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Speaker 6: to like rip your ticket. Watch you walk straight and

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Speaker 6: then go sharp left out back into the car.

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Speaker 4: Where's she going? She doesn't want to see a movie?

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Speaker 4: Little do they know you were never going to see I'm.

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Speaker 2: Watching a movie and at home, babe, it's so much cheaper. Next,

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Speaker 2: I've got a money in from Jessica excellent name, who

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Speaker 2: said she paid off her zip pay with her tax return.

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Speaker 4: Oh, money win and very good use of your.

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Speaker 2: Tax I can completely agree. If you've got debt and

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Speaker 2: you've got a tax coming in, maybe think about allocating

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Speaker 2: it there because I feel like that's a very good

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Speaker 2: use of it. And then lastly, I've got a money

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Speaker 2: in from Lauren, who I feel like we'll all appreciate.

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Speaker 2: She said she's just realized her kids daycare makes free

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Speaker 2: coffees for parents ont drop off. WHOA, I'm sorry, what

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Speaker 2: is that incredible stuff?

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Speaker 4: Harvey? Are you going to go to daycare soon?

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Speaker 2: Because I like that that's a prerequisite now and I

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Speaker 2: wonder they fact checked if you're a parent? Try do

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Speaker 2: you know if there is mine? Do you know what.

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Speaker 4: I can't with you too? Do you know what's weirder

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Speaker 4: than going to the movies and getting popcorn without seeing

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Speaker 4: the movies is going to a dayare for the coffee

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Speaker 4: ar when you don't have kids.

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Speaker 6: Okay, I see, I love this for us.

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Speaker 4: I would like to move off this if you ever

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Speaker 4: want to do daycare drop off in the future. For Harvey, though,

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Speaker 4: you let me know to be really appreciated. But Beck,

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Speaker 4: what broke tips have you got for us this week?

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Speaker 2: Okay?

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Speaker 6: So I actually really the community came through this week.

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Speaker 4: You didn't steal your girlfriend's home work, did you.

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Speaker 6: I didn't steal my girlfriend's ideas this time around. So

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Speaker 6: the first one I have comes from this is looking

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Speaker 6: really bad. But the person in our community, her name

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Speaker 6: is Jess.

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Speaker 4: Sure, Jeez, name is Jess. Does she happen to work for?

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Speaker 2: Are not this one?

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Speaker 4: Not this one?

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Speaker 6: I promise you, Jess, you know that I'm talking about you,

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Speaker 6: and I really appreciate you, so Jess suggested. And I

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Speaker 6: guess this is like if you maybe if you own

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Speaker 6: your own home, but I'm sure also if you rent,

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Speaker 6: you do have.

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Speaker 4: The ab ablity to do this.

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Speaker 6: I guess it's also if you have like a big,

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Speaker 6: you know, plot of land, but you.

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Speaker 4: Just happen to have land, you might not be broken.

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Speaker 6: But basically, Jess said that housing chickens were either like

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Speaker 6: in a little coop or whatever, just owning chickens of

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Speaker 6: some kind. I'm sure you don't need like a big

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Speaker 6: bit of land like I feel like I could do that.

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Speaker 4: I'm married.

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Speaker 2: My boyfriend's mom has the inn back out.

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Speaker 6: Yeah, and it's not like it doesn't have to be

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Speaker 6: a big plot of land.

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Speaker 2: I'm sorry, I don't like that.

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Speaker 4: I feel like hold on, so the broke tip this

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Speaker 4: week have a big plot of land and get some chickens.

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Speaker 6: Own a home and then have a big plot of land.

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Speaker 4: How relatable. I love this, Just really cute, Jess. They're

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Speaker 4: just really cute.

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Speaker 6: No, but you do get obviously free a I'm not

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Speaker 6: sure how it works, like if you need a hen

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Speaker 6: as well, but chickens.

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Speaker 2: I genuinely don't know how that works.

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Speaker 4: But hens lay eggs.

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Speaker 6: Roosters do not, Okay, so what I have one of

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Speaker 6: one all the other I don't really understand. But you

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Speaker 6: do get free eggs, which is also obviously amazing, and.

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Speaker 4: Trying to move only have to buy food for them

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Speaker 4: and up keep them instead of buying real eggs.

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Speaker 6: No, this is the thing that just said that actually

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Speaker 6: feeding them is really really cheap. You can you know,

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Speaker 6: my best friend live who I talk about, her family

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Speaker 6: have chickens and we literally just give the chickens else

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Speaker 6: are left over anything like whatever. We've got a lot

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Speaker 6: of organic produce, so when they eat them very in

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Speaker 6: your garden they do, and it's very very cheap to upkeep.

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Speaker 6: And then if you move the coop every few years,

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Speaker 6: and you get like a big thing of compost. Like

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Speaker 6: it's just like it's all about like regeneration and eggs

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Speaker 6: and I don't know, it just sounds a wholesome.

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Speaker 4: And I love this. Keep them in small spaces, and

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Speaker 4: like I would like to just claim that you don't

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Speaker 4: need to own a big plot land to have some chickens.

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Speaker 4: You can actually just chuck them in your backyard. They're

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Speaker 4: really good pets because they're actually really affectionate and they're great.

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Speaker 2: They're great for kids, right because I know one of

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Speaker 2: my friends is a kind of teacher and they have

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Speaker 2: they do chickens every year, but then they go to

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Speaker 2: a loving home. They don't go anywhere they shouldn't be going.

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Speaker 2: They go to a loving home at the end of

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Speaker 2: the year. But they're good for like teaching kids about

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Speaker 2: like the circle of life kind of. Yeah, really sharing

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Speaker 2: for a pet because they're pretty low maintenance.

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Speaker 4: And growing up, my grandparents had a big farm in

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Speaker 4: Tazzy and I was taught once how to pick up

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Speaker 4: the chickens when I would have been like four or five,

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Speaker 4: And that was a really bad thing to teach me

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Speaker 4: because all I do is pick up chicken, no fear

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Speaker 4: at all. I just go in and grab a chalk

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Speaker 4: and be like we're going, We're going.

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Speaker 2: They're kind of like cats because they loaf.

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Speaker 4: I yeah, they do.

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Speaker 2: They do the loaf and you just like cuddle them.

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Speaker 4: They're very affectionate.

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Speaker 5: I like that.

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Speaker 2: I think it's a fun to get chickens.

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Speaker 4: Summary of that story, but not a big plot of land,

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Speaker 4: because it turns out it's actually not that easy. That's right.

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Speaker 6: You don't need all those things that I mentioned, so

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Speaker 6: actually you don't forget that, but you do just I

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Speaker 6: don't know, maybe you need a backyard, I guess at least.

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Speaker 4: Yeah, like probably don't keep them in your bedroom. Yeah,

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Speaker 4: I mean a second tip. The second one comes from

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Speaker 4: Maddie who sent me real that was it's actually by

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Speaker 4: the money mum, and she says that cleaning supplies are

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Speaker 4: usually a lot cheaper buttings, if not like half price,

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Speaker 4: sometimes half the price of woolwors and goals and things

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Speaker 4: like that. Your dish washing tablets, yeah, just you know,

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Speaker 4: your general cleaning supplies. No, I can't think of any

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Speaker 4: right now. It's very clear that I don't do a

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Speaker 4: lot of cleaning at home.

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Speaker 1: Uh.

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Speaker 4: Anyway, that's the second that's a great tip. Jess and

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Speaker 4: I are also really big fans. This is not sponsored

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Speaker 4: at all of the Reject Shop. Like I signed, cleaning

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Speaker 4: supplies so cheap at the Reject Shop that now I'm

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Speaker 4: always getting like my dish washing tablets and my laundry

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Speaker 4: liquid and stuff like that there because I'm shocked at

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Speaker 4: how cheap it is. In comparison, they carry niche things

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Speaker 4: like there's this one spray. If you have an air

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Speaker 4: fry you know how hard those things are to clean.

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Speaker 4: There one spray beat sell it cold, so boring.

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Speaker 2: It's really good content.

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Speaker 4: This the good content.

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00:17:07,200 --> 00:17:08,959
Speaker 2: Is this spray that cleans the air fryer really well.

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Speaker 2: They stopped something that cold. It was really sad, and

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Speaker 2: then I found it at the reject Shop and it

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Speaker 2: was cheaper than itals.

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Speaker 4: And also just one time bought Christmas themed scrub daddies.

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Speaker 6: That's cute.

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Speaker 2: They do testive ones, which we love.

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Speaker 4: It's just so grand.

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Speaker 6: There was no one needs it, but you need it, you.

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Speaker 4: Know, guys. The Windex is two dollars a bottle at

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Speaker 4: the Reject Shop. Like riddle me that. It's a constant

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Speaker 4: living crisis.

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Speaker 6: Just shopping the Regi Shop and Bunnings for all of

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Speaker 6: your stuff everything.

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Speaker 4: I love it. Audi like we are not no, sorry,

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Speaker 4: we're worth coals. I mean, if you want to work

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Speaker 4: with us, let us know. But we all know your

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Speaker 4: dishwasher tablets are exorbitant. Sorry someone, Yeah, they're actually outrageously expensive.

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Speaker 2: So this next one, this is my one.

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Speaker 6: It's more like Melbourne based, but I'm sure there's an

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Speaker 6: equivalent in other cities in the States, in territories. So

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Speaker 6: there's a pub very close to my house. It's called

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Speaker 6: The Emperor and they do wonderle hot Wings. I'm sure

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Speaker 6: there's like you know.

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Speaker 4: Hot wings.

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Speaker 6: Yeah, they do one whole hot Wings. I believe it's

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Speaker 6: only on Mondays, but I know that there are other

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Speaker 6: pubs in the area that also do that on like

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Speaker 6: different days. So you just have a look around your

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Speaker 6: area and see if your pub offers anything, you know,

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Speaker 6: kind of like I feel like there's theme night, so

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Speaker 6: smart a pub totally, there's usually like a specials.

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Speaker 2: There's like Monday's, Tuesdays and Wednesdays they do steak night

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Speaker 2: in these days.

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Speaker 4: I feel like you should only be buying it on

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Speaker 4: like the pubs Steak night definitely, definitely, And yeah, you

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Speaker 4: can get really really cheap food stuffs from pubs, which

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Speaker 4: I know, it's like, you know, it's obviously a lot

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Speaker 4: of the time cheaper to cook your own food, but

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Speaker 4: sometimes when it's like wondle hot wings, you like can't

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Speaker 4: beat that. And if you're like me, I can.

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Speaker 6: I really can do a fifteen bucket. But if I'm

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Speaker 6: trying to be cheap, that's a lot of wings, a

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Speaker 6: lot of I will inhale those wings. But no, it

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Speaker 6: is a really I think just have a look at

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Speaker 6: pubs around you, look at their specials things like that.

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Speaker 6: But yeah, Wonderle hot wings. I just think it's really

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Speaker 6: great for this cost ofly in christ to go out

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Speaker 6: and be able to still maybe affward to eat out

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Speaker 6: with friends every now and then have a little.

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Speaker 4: Date night or have like a girl's night out. Pick

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Speaker 4: the night that works, like you don't just have to

439
00:19:10,040 --> 00:19:12,880
Speaker 4: have a night out on a Friday or Saturday night.

440
00:19:13,000 --> 00:19:15,639
Speaker 4: Like we're all in our thirties now, so I feel

441
00:19:15,640 --> 00:19:17,760
Speaker 4: like going out on a Tuesday, if I meet my

442
00:19:17,840 --> 00:19:21,600
Speaker 4: friends after work, can still be home by eight. I

443
00:19:21,640 --> 00:19:23,720
Speaker 4: love that some dollar hot wings.

444
00:19:23,800 --> 00:19:26,240
Speaker 2: Jess is in sold easy. I love this for you

445
00:19:26,320 --> 00:19:27,200
Speaker 2: guys there next Monday.

446
00:19:27,240 --> 00:19:29,600
Speaker 4: All right, see you there. Let's go to a really

447
00:19:29,640 --> 00:19:31,080
Speaker 4: quick break on the flip side. We're going to be

448
00:19:31,119 --> 00:19:34,439
Speaker 4: talking about whether you're liable if your partner owes tax

449
00:19:34,920 --> 00:19:37,399
Speaker 4: and we're also going to be diving into a little

450
00:19:37,400 --> 00:19:39,960
Speaker 4: slippery DM that you asked us about, and that is

451
00:19:40,000 --> 00:19:43,159
Speaker 4: about contributing to shared funds when you're on matleeve and

452
00:19:43,200 --> 00:19:46,600
Speaker 4: your partners working full time. So guys, don't go anywhere.

453
00:19:51,040 --> 00:19:53,840
Speaker 2: Welcome back, everybody. Let's take a listen to this week's

454
00:19:53,840 --> 00:19:54,760
Speaker 2: money dilemma.

455
00:19:57,240 --> 00:19:59,600
Speaker 4: Hi, there, have you got a money dilemma? You just

456
00:19:59,640 --> 00:20:02,639
Speaker 4: can't that She's on the Money team is here to help.

457
00:20:02,960 --> 00:20:05,960
Speaker 4: Every week, we tackle your dilemmas, both big and small,

458
00:20:06,040 --> 00:20:09,159
Speaker 4: to answer your most burning money, career and life questions.

459
00:20:09,320 --> 00:20:11,800
Speaker 4: To get involved, simply head to our website and leave

460
00:20:11,880 --> 00:20:14,000
Speaker 4: us a short voice recording and you might just find

461
00:20:14,040 --> 00:20:16,719
Speaker 4: yourself on the show. Now, let's take a listen to

462
00:20:16,800 --> 00:20:19,560
Speaker 4: this week's money dilemma.

463
00:20:20,080 --> 00:20:22,200
Speaker 5: Hi, She's on the Money. My partner and I have

464
00:20:22,240 --> 00:20:25,399
Speaker 5: been together for four years. He makes significantly more than me,

465
00:20:25,680 --> 00:20:28,760
Speaker 5: but we do keep our finances separate. I've been thinking

466
00:20:28,760 --> 00:20:31,720
Speaker 5: more about my future and about property as I'm nearing thirty.

467
00:20:32,840 --> 00:20:35,080
Speaker 5: I just got a new job as a junior accountant

468
00:20:35,400 --> 00:20:38,520
Speaker 5: thanks to the podcast. By the way, and on the

469
00:20:38,560 --> 00:20:41,720
Speaker 5: topic of tax he made a comment that really threw me.

470
00:20:42,520 --> 00:20:45,320
Speaker 5: He's sixteen years my senior, and he's never filed a

471
00:20:45,440 --> 00:20:48,480
Speaker 5: tax return as a sole trader in his past, he

472
00:20:48,600 --> 00:20:52,359
Speaker 5: never paid himself super. Ever since that comment, I've been

473
00:20:52,359 --> 00:20:54,680
Speaker 5: planning my super around having enough for both of us

474
00:20:54,720 --> 00:20:57,720
Speaker 5: in our future. But I'm worried that his tax history

475
00:20:57,760 --> 00:21:01,560
Speaker 5: is going to negatively influence my hopes dreams of owning property.

476
00:21:02,240 --> 00:21:05,280
Speaker 5: How worried should I be regarding his taxes? Is super?

477
00:21:05,920 --> 00:21:10,040
Speaker 5: And am I liable as a partner. I'd really appreciate

478
00:21:10,080 --> 00:21:12,360
Speaker 5: your help on this one, and I love the podcast.

479
00:21:12,440 --> 00:21:14,159
Speaker 5: I really respect you girls. Thank you.

480
00:21:14,440 --> 00:21:16,400
Speaker 4: That was really sweet. Thank you so much. She's so

481
00:21:16,880 --> 00:21:20,480
Speaker 4: thank you. That's really really kind. I'm sorry you're going

482
00:21:20,560 --> 00:21:23,199
Speaker 4: through this because that would be really stressful. Short answer

483
00:21:23,400 --> 00:21:26,560
Speaker 4: is no, you are not legally responsible for your partner's debt,

484
00:21:26,800 --> 00:21:30,760
Speaker 4: whether you are married or not. You might be responsible

485
00:21:30,800 --> 00:21:33,840
Speaker 4: for debt that you had applied for jointly, obviously that's

486
00:21:33,880 --> 00:21:38,040
Speaker 4: not tax debt. And when you do your personal tax returns,

487
00:21:38,160 --> 00:21:40,600
Speaker 4: if you have a partner. It will ask you what

488
00:21:40,640 --> 00:21:44,080
Speaker 4: your partner's tax return was or what their income was,

489
00:21:44,359 --> 00:21:46,480
Speaker 4: and you do have to declare that, but that's not

490
00:21:46,600 --> 00:21:48,840
Speaker 4: so that you take ownership for it. So I think

491
00:21:48,960 --> 00:21:53,119
Speaker 4: tild that just family tax brackets and stuff like that.

492
00:21:53,200 --> 00:21:55,320
Speaker 4: So like if we talk about like the Medicare levy

493
00:21:55,359 --> 00:21:58,520
Speaker 4: surcharge and stuff like that, it's about household income, and

494
00:21:58,600 --> 00:22:01,200
Speaker 4: often that needs to be calculate at like a family

495
00:22:01,280 --> 00:22:04,479
Speaker 4: level as opposed to just an individual level. It doesn't

496
00:22:04,720 --> 00:22:08,600
Speaker 4: mean a lot. Often it's working out whether you're over

497
00:22:08,720 --> 00:22:11,040
Speaker 4: a family tax bracket. So for example, if you want

498
00:22:11,080 --> 00:22:14,280
Speaker 4: to claim the childcare subsidies, like a stay at home

499
00:22:14,359 --> 00:22:16,399
Speaker 4: mum might not have any income when she does her

500
00:22:16,400 --> 00:22:19,040
Speaker 4: tax return each year, and then the partner has a

501
00:22:19,040 --> 00:22:21,520
Speaker 4: really really high income, which means that they don't get

502
00:22:21,560 --> 00:22:23,359
Speaker 4: any of that, so it needs to be applied to

503
00:22:23,440 --> 00:22:26,800
Speaker 4: her as well in case she lodges for their childcare subsidy.

504
00:22:26,840 --> 00:22:29,639
Speaker 4: Does that make sense? So it's all about just tracking stuff,

505
00:22:29,640 --> 00:22:32,920
Speaker 4: it's not about allocating debt to you. I do think

506
00:22:32,960 --> 00:22:35,840
Speaker 4: that there's a bigger problem there, and that is that

507
00:22:35,960 --> 00:22:39,960
Speaker 4: he's never lodged a tax return, and that can get

508
00:22:39,960 --> 00:22:43,119
Speaker 4: you in a fair bit of trouble, but it is

509
00:22:43,240 --> 00:22:46,639
Speaker 4: not that uncommon, so sadly, lots of people have been

510
00:22:46,680 --> 00:22:48,600
Speaker 4: in this situation, and I feel like once you get

511
00:22:48,640 --> 00:22:52,360
Speaker 4: a few years into I guess that mode, it becomes

512
00:22:52,440 --> 00:22:55,080
Speaker 4: really overwhelming because you're like, well, I don't want to

513
00:22:55,080 --> 00:22:57,480
Speaker 4: talk to an accountant. They're going to judge me, they're

514
00:22:57,560 --> 00:22:59,720
Speaker 4: going to XYZ or you know, I might be in

515
00:22:59,720 --> 00:23:02,280
Speaker 4: trouble with the ATO. But the important thing here is

516
00:23:02,320 --> 00:23:06,480
Speaker 4: to be the proactive one. So if you're the one going, hey, accountant,

517
00:23:06,520 --> 00:23:08,960
Speaker 4: I haven't done this, they can clean it up and

518
00:23:09,080 --> 00:23:11,760
Speaker 4: help you. It's not going to be as overwhelming or

519
00:23:11,800 --> 00:23:13,880
Speaker 4: hard as you think it is. I mean, there might

520
00:23:13,920 --> 00:23:16,960
Speaker 4: be some admin you need to do, but given it's

521
00:23:17,000 --> 00:23:19,959
Speaker 4: what sixteen years or so, I mean that was the

522
00:23:20,000 --> 00:23:24,119
Speaker 4: age difference, not necessarily how many tax returns he hasn't submitted. However,

523
00:23:24,119 --> 00:23:26,440
Speaker 4: I think it's really important you have a brand new

524
00:23:26,480 --> 00:23:29,600
Speaker 4: accountant thanks to our matching program on She's on the Money,

525
00:23:29,640 --> 00:23:31,560
Speaker 4: which is really cool if you want a new accountant,

526
00:23:31,600 --> 00:23:33,840
Speaker 4: or a financial advisor or a mortgage broker. We do

527
00:23:33,920 --> 00:23:37,040
Speaker 4: have a matching service on our website. But that's conversation

528
00:23:37,119 --> 00:23:38,679
Speaker 4: for another day. But you could get him on that.

529
00:23:38,960 --> 00:23:41,600
Speaker 4: You could introduce your accountant if you really like them,

530
00:23:41,800 --> 00:23:45,080
Speaker 4: and say all right, what can you do here, because

531
00:23:45,119 --> 00:23:46,840
Speaker 4: it does need to be sorted out, and you want

532
00:23:46,880 --> 00:23:48,800
Speaker 4: to be the proactive one because the ATO is going

533
00:23:48,880 --> 00:23:52,239
Speaker 4: to go a lot easier on you and go all right, well,

534
00:23:52,280 --> 00:23:55,760
Speaker 4: let's get this processed, as opposed to them going, hey,

535
00:23:55,880 --> 00:23:58,760
Speaker 4: our data matching is actually, you know, pointed out that

536
00:23:58,840 --> 00:24:01,720
Speaker 4: Joe Blow has never done a tax return. We need

537
00:24:01,760 --> 00:24:05,200
Speaker 4: to track him down because he's on purpose evading tax.

538
00:24:05,520 --> 00:24:07,639
Speaker 4: That's a different story. Whereas if you go to them

539
00:24:07,680 --> 00:24:10,199
Speaker 4: and be like, hey, really sorry, I've never done it,

540
00:24:10,680 --> 00:24:12,800
Speaker 4: really anxious, really this really that, they're going to go

541
00:24:12,840 --> 00:24:14,719
Speaker 4: all right, well, let's help you work through this and

542
00:24:14,800 --> 00:24:17,600
Speaker 4: get to it. But also it's important to note that, yes,

543
00:24:17,680 --> 00:24:20,520
Speaker 4: it might be lots and lots of years, but a

544
00:24:20,560 --> 00:24:22,160
Speaker 4: lot of it's going to come out in the wash.

545
00:24:22,320 --> 00:24:26,000
Speaker 4: It depends on how tax has been handled throughout the years,

546
00:24:26,000 --> 00:24:28,399
Speaker 4: whether he was paying it or not. But you know,

547
00:24:28,440 --> 00:24:30,840
Speaker 4: you might have good years and you might have bad years.

548
00:24:30,960 --> 00:24:32,960
Speaker 4: And so if you get it all together and you've

549
00:24:32,960 --> 00:24:35,840
Speaker 4: got a good accountant that can like backtrack all of it,

550
00:24:36,119 --> 00:24:38,399
Speaker 4: hopefully it's not that much of a debt owing, but

551
00:24:38,440 --> 00:24:42,040
Speaker 4: I definitely would be trying to calculate it because it

552
00:24:42,080 --> 00:24:45,119
Speaker 4: can impact you. So while it might not be something

553
00:24:45,160 --> 00:24:47,240
Speaker 4: that you have to pay back, it might stop you

554
00:24:47,320 --> 00:24:49,720
Speaker 4: from getting a home loan. It might stop you from,

555
00:24:49,880 --> 00:24:52,439
Speaker 4: you know, getting personal debt together, if that's something you

556
00:24:52,480 --> 00:24:54,920
Speaker 4: want to do. It might stop you, you know, from

557
00:24:55,240 --> 00:24:57,600
Speaker 4: becoming a guarranteur, if you've got a kid that wants

558
00:24:57,600 --> 00:24:59,480
Speaker 4: a property, Like, there are lots of things that it

559
00:24:59,520 --> 00:25:02,840
Speaker 4: can imp hacked. It doesn't mean that you're going to

560
00:25:02,880 --> 00:25:05,480
Speaker 4: be in a heap of trouble personally, but I mean,

561
00:25:05,520 --> 00:25:08,080
Speaker 4: if the ATO decides to come for you, and I'm

562
00:25:08,119 --> 00:25:11,040
Speaker 4: not trying to be dramatical trying to scare you, but

563
00:25:11,080 --> 00:25:12,600
Speaker 4: if the ATO comes for you and you have a

564
00:25:12,680 --> 00:25:16,200
Speaker 4: joint house together, that's up for discussion. So it might

565
00:25:16,240 --> 00:25:18,159
Speaker 4: not be you they're coming for, but because you have

566
00:25:18,200 --> 00:25:20,280
Speaker 4: a joint asset and they're like, well we want our money,

567
00:25:20,520 --> 00:25:22,640
Speaker 4: that might be up for discussion and you might miss

568
00:25:22,680 --> 00:25:25,639
Speaker 4: out that way. So I think it's really important to

569
00:25:25,760 --> 00:25:28,679
Speaker 4: have that conversation and really urge your partner to go

570
00:25:28,760 --> 00:25:31,439
Speaker 4: and get help with that and go, hey, this is

571
00:25:31,480 --> 00:25:34,960
Speaker 4: something that is really serious and we can avoid a

572
00:25:35,000 --> 00:25:37,040
Speaker 4: lot of the trouble if we just get onto it now.

573
00:25:37,160 --> 00:25:38,800
Speaker 4: And I think that that's the best thing that we

574
00:25:38,880 --> 00:25:39,399
Speaker 4: can do.

575
00:25:39,680 --> 00:25:43,560
Speaker 2: Arguably just a symptom also of like I think, you know,

576
00:25:43,680 --> 00:25:46,480
Speaker 2: if you're two adults building a life together, you need

577
00:25:46,520 --> 00:25:49,200
Speaker 2: to know that you can rely on the other person

578
00:25:49,520 --> 00:25:51,240
Speaker 2: to take care of stuff that needs to be taken

579
00:25:51,240 --> 00:25:54,320
Speaker 2: care of. So will I understand the anxiety? And if

580
00:25:54,320 --> 00:25:57,000
Speaker 2: you leave it for ages and whatever, that can be stressful.

581
00:25:57,040 --> 00:25:59,159
Speaker 2: I think if you said to your partner, hey, happy

582
00:25:59,200 --> 00:26:01,000
Speaker 2: to help you, put your in touch with an accountant,

583
00:26:01,040 --> 00:26:05,600
Speaker 2: support you whatever, and they still, you know, are hesitant

584
00:26:05,760 --> 00:26:08,720
Speaker 2: to sort something like that out, I would be just

585
00:26:08,760 --> 00:26:12,480
Speaker 2: a little bit concerned about what that kind of behavior says.

586
00:26:12,640 --> 00:26:14,840
Speaker 2: I don't know, like not to make it to something

587
00:26:14,880 --> 00:26:17,400
Speaker 2: that maybe isn't a huge deal but just could be

588
00:26:17,400 --> 00:26:20,960
Speaker 2: symptomatic of something. Yeah, exactly exactly right. And it's just

589
00:26:21,160 --> 00:26:23,880
Speaker 2: I think like, if your partner is willing to help

590
00:26:23,920 --> 00:26:27,200
Speaker 2: you sort through whatever that is, like, I don't see

591
00:26:27,200 --> 00:26:29,240
Speaker 2: a really good reason for you to not want to

592
00:26:29,280 --> 00:26:31,639
Speaker 2: get that sorted. Yes, yeah, I mean.

593
00:26:31,520 --> 00:26:33,679
Speaker 4: And an accountant is not going to be judgmental about it.

594
00:26:33,720 --> 00:26:37,679
Speaker 4: They know that this happens. In fact, yeah, they've definitely

595
00:26:37,720 --> 00:26:40,119
Speaker 4: seen worse, but like they also see that type of

596
00:26:40,119 --> 00:26:42,480
Speaker 4: thing a couple of times a year, Like it's not

597
00:26:42,840 --> 00:26:43,400
Speaker 4: the job.

598
00:26:43,280 --> 00:26:45,000
Speaker 2: Is to fix it. Fore, Yeah, like that's literally what

599
00:26:45,040 --> 00:26:45,440
Speaker 2: you're paying.

600
00:26:45,560 --> 00:26:47,879
Speaker 4: Yeah, and I mean you can claim an accountant on

601
00:26:47,920 --> 00:26:49,800
Speaker 4: your tax return as well, so you're going to have

602
00:26:49,840 --> 00:26:52,639
Speaker 4: to pay the accountant. This actually isn't something at this

603
00:26:52,760 --> 00:26:55,040
Speaker 4: point that you can sort out yourself. Even if you

604
00:26:55,080 --> 00:26:56,960
Speaker 4: want to sort it out yourself, you actually need an

605
00:26:57,000 --> 00:27:01,000
Speaker 4: accountant to laise between the atier when you because otherwise

606
00:27:01,040 --> 00:27:03,280
Speaker 4: you're going to have a whole heap of really late

607
00:27:03,359 --> 00:27:06,879
Speaker 4: things to pay. And often if the accountant is you know,

608
00:27:06,960 --> 00:27:08,800
Speaker 4: good with their words and good with their numbers and

609
00:27:08,920 --> 00:27:12,159
Speaker 4: organizing stuff, they can often negotiate with the ATO on

610
00:27:12,240 --> 00:27:15,160
Speaker 4: your behalf. And that's not something that you can usually do.

611
00:27:15,400 --> 00:27:18,159
Speaker 4: So I would say this is like a non negotiable

612
00:27:18,160 --> 00:27:20,600
Speaker 4: to get it sorted out by a professional, especially because

613
00:27:20,600 --> 00:27:23,440
Speaker 4: it backdates so much and tax law has changed. As

614
00:27:23,440 --> 00:27:26,200
Speaker 4: you know, most years we do an update and say, hey,

615
00:27:26,320 --> 00:27:29,600
Speaker 4: you know, supernuation rates have changed, your tax rates have changed,

616
00:27:29,640 --> 00:27:31,679
Speaker 4: Like all of those things need to be considered, and

617
00:27:32,200 --> 00:27:34,760
Speaker 4: if you're not a tax specialist, I think that you'll

618
00:27:34,840 --> 00:27:36,159
Speaker 4: end up in a bit of a pickle if you

619
00:27:36,160 --> 00:27:39,600
Speaker 4: did it yourself. So I would definitely be getting help.

620
00:27:39,640 --> 00:27:41,080
Speaker 4: But yeah, Jess, you're right. I think it's a bit

621
00:27:41,080 --> 00:27:42,960
Speaker 4: of a red flag if they're not willing to take

622
00:27:42,960 --> 00:27:45,360
Speaker 4: on help because it's like, well, you haven't done it yourself,

623
00:27:45,440 --> 00:27:47,560
Speaker 4: and it might be a hard conversation. And who knows,

624
00:27:47,640 --> 00:27:50,080
Speaker 4: maybe I'm reading into this too much, but I can

625
00:27:50,160 --> 00:27:52,600
Speaker 4: just imagine it would be a hard conversation to have

626
00:27:53,320 --> 00:27:56,280
Speaker 4: with a partner to begin with, but especially a partner

627
00:27:56,280 --> 00:27:58,720
Speaker 4: that owns their own business and is sixteen years you're senior,

628
00:27:59,200 --> 00:28:02,160
Speaker 4: Like I can just imagine that being, you know, don't

629
00:28:02,200 --> 00:28:04,440
Speaker 4: tell me what to do. I don't know if that's

630
00:28:04,480 --> 00:28:06,520
Speaker 4: the case or not, but I just go that should

631
00:28:06,560 --> 00:28:08,360
Speaker 4: not be the case. But that would be a red flag.

632
00:28:08,400 --> 00:28:10,280
Speaker 6: Any Yeah, definitely a red flag if they that would

633
00:28:10,280 --> 00:28:13,359
Speaker 6: be a really sort of power imbalance at all. Absolutely not,

634
00:28:13,440 --> 00:28:15,399
Speaker 6: that's not that's the problem. But I just want to

635
00:28:15,440 --> 00:28:17,639
Speaker 6: quickly say, so this is a bit different to like,

636
00:28:18,480 --> 00:28:20,440
Speaker 6: and I guess like there are probably people listening who

637
00:28:20,520 --> 00:28:23,159
Speaker 6: know this already, but just because I didn't know this

638
00:28:23,240 --> 00:28:26,359
Speaker 6: until like literally six months ago. There was like a

639
00:28:26,400 --> 00:28:29,359
Speaker 6: few years that I hadn't lodged a tax return, but

640
00:28:29,440 --> 00:28:31,359
Speaker 6: I had never worked for myself. So there's definitely a

641
00:28:31,359 --> 00:28:34,480
Speaker 6: difference between having like years that you hadn't done your

642
00:28:34,600 --> 00:28:38,760
Speaker 6: tax and you've never worked for yourself. In this which

643
00:28:38,840 --> 00:28:43,600
Speaker 6: is assuming his best statements that he hasn't done is

644
00:28:43,640 --> 00:28:46,000
Speaker 6: a lot more. That's why I'm saying to go talk

645
00:28:46,080 --> 00:28:49,440
Speaker 6: to a accountant, because I think that that's the best

646
00:28:49,480 --> 00:28:52,520
Speaker 6: place to start. It's also you know, a space where

647
00:28:52,560 --> 00:28:54,920
Speaker 6: you can have a conversation where you're not talking directually

648
00:28:54,960 --> 00:28:56,680
Speaker 6: to the ATO to make a plan to then go

649
00:28:56,760 --> 00:28:59,480
Speaker 6: to the ATO, because it does need to be sorted out,

650
00:28:59,520 --> 00:29:01,880
Speaker 6: but would be and I don't want to be too dramatic,

651
00:29:02,440 --> 00:29:04,760
Speaker 6: you know, Let's say, for example, Jess, who you know,

652
00:29:04,880 --> 00:29:09,360
Speaker 6: earns salary and then super working directly for me, I

653
00:29:09,480 --> 00:29:11,960
Speaker 6: as her employer, pay her tax, so like if she

654
00:29:12,000 --> 00:29:15,000
Speaker 6: hasn't submitted it, like it's probably gonna all come out

655
00:29:15,000 --> 00:29:17,040
Speaker 6: in the wash and there shouldn't be any issues, Like

656
00:29:17,200 --> 00:29:19,880
Speaker 6: I can't imagine Jess, You've got receipts from sixteen years

657
00:29:19,880 --> 00:29:21,960
Speaker 6: ago you can claim, so you're probably just going through

658
00:29:22,000 --> 00:29:24,200
Speaker 6: and being like, I'm not claiming anything. I'm just declaring

659
00:29:24,240 --> 00:29:27,320
Speaker 6: how much I made and seeing if I owed any tax,

660
00:29:27,360 --> 00:29:30,160
Speaker 6: and it should come out in the wash. But like,

661
00:29:30,440 --> 00:29:33,320
Speaker 6: if you haven't paid tax for sixteen years, like, that's

662
00:29:33,360 --> 00:29:36,920
Speaker 6: a way bigger problem that's gonna hatter. And again, I

663
00:29:36,960 --> 00:29:39,200
Speaker 6: don't want to be scary, but this is something that

664
00:29:39,360 --> 00:29:41,920
Speaker 6: needs to be dealt with because you know, if you

665
00:29:41,960 --> 00:29:45,280
Speaker 6: then find out your partner has you know, potentially hundreds

666
00:29:45,280 --> 00:29:48,200
Speaker 6: of thousands of dollars of debt, that's going to change

667
00:29:48,240 --> 00:29:51,000
Speaker 6: the trajectory of your wealth creation journey as a couple.

668
00:29:51,240 --> 00:29:53,120
Speaker 6: Could I ask one question, of course you can do

669
00:29:53,200 --> 00:29:56,240
Speaker 6: we know if say, for example, obviously touch wood. Let's

670
00:29:56,240 --> 00:29:59,560
Speaker 6: say something would happen is a tax debt passed on.

671
00:29:59,720 --> 00:30:03,280
Speaker 4: No, don't inherit debt in a str and, It gets taken,

672
00:30:04,600 --> 00:30:07,560
Speaker 4: it gets taken from the estate. So what happens is

673
00:30:07,640 --> 00:30:11,040
Speaker 4: let's say I passed away yesterday and I had a

674
00:30:11,080 --> 00:30:14,640
Speaker 4: debt of one hundred thousand dollars. My executor of my

675
00:30:14,720 --> 00:30:17,760
Speaker 4: will would work out what my assets are and they

676
00:30:17,840 --> 00:30:20,360
Speaker 4: might say, Victoria, you own a house, you own a car,

677
00:30:20,480 --> 00:30:22,880
Speaker 4: you own this, that the other, and they will say

678
00:30:23,160 --> 00:30:25,280
Speaker 4: from your estate, you know, if I had cash, you

679
00:30:25,320 --> 00:30:27,760
Speaker 4: need to pay off your debt before we can distribute

680
00:30:27,880 --> 00:30:30,360
Speaker 4: any of your other assets to your family and friends,

681
00:30:30,440 --> 00:30:32,920
Speaker 4: like you have outlined in your will, So it would

682
00:30:32,960 --> 00:30:35,880
Speaker 4: be taken first. If there's no cash for me to

683
00:30:35,960 --> 00:30:38,560
Speaker 4: pay off that debt. They would then say, okay, well

684
00:30:38,600 --> 00:30:41,360
Speaker 4: we need to extinguish a property or get rid of

685
00:30:41,400 --> 00:30:44,200
Speaker 4: something to sell. So they might go, well, let's sell

686
00:30:44,240 --> 00:30:46,080
Speaker 4: your car and let's sell your house and we'll get

687
00:30:46,080 --> 00:30:47,920
Speaker 4: some cash, and then your family and friends can have

688
00:30:48,000 --> 00:30:50,960
Speaker 4: the rest, and then we'll distribute it evenly. If there

689
00:30:51,120 --> 00:30:53,840
Speaker 4: is nothing left over at the end, your family doesn't

690
00:30:53,920 --> 00:30:57,200
Speaker 4: owe that money, the creditors that or the people that

691
00:30:57,280 --> 00:30:59,720
Speaker 4: you owe money to, they just don't get paid back.

692
00:30:59,800 --> 00:31:02,920
Speaker 4: It's not a good thing. But it's not your responsibility

693
00:31:02,960 --> 00:31:06,440
Speaker 4: to take on somebody else's debt in that circumstance. But

694
00:31:06,920 --> 00:31:09,760
Speaker 4: that is a different story if it is a joint debt.

695
00:31:09,840 --> 00:31:12,000
Speaker 4: So if you had a joint debt with somebody, so

696
00:31:12,320 --> 00:31:14,920
Speaker 4: say something happens to me yesterday and Jess and I

697
00:31:15,040 --> 00:31:19,160
Speaker 4: own property together, that debt would fall onto Jess and

698
00:31:19,200 --> 00:31:22,680
Speaker 4: the mortgage repayments would become her mortgage repayments and then

699
00:31:22,720 --> 00:31:25,320
Speaker 4: it's up to her to decide whether you know, she

700
00:31:25,360 --> 00:31:28,720
Speaker 4: wants to continue paying my helf or not. And hopefully

701
00:31:28,760 --> 00:31:32,640
Speaker 4: that's when my life insurance policy and any personal insurances

702
00:31:32,680 --> 00:31:34,520
Speaker 4: I have come in to save the day, to make

703
00:31:34,560 --> 00:31:37,920
Speaker 4: sure that Jess is not financially implicated by that. Does

704
00:31:37,920 --> 00:31:38,560
Speaker 4: that make sense?

705
00:31:38,720 --> 00:31:39,680
Speaker 6: Totally makes sense.

706
00:31:39,720 --> 00:31:42,520
Speaker 4: So no, you won't inherit debt. In some other places

707
00:31:42,560 --> 00:31:44,959
Speaker 4: in the world you can inherit debt, but it is

708
00:31:45,000 --> 00:31:48,920
Speaker 4: not in Australia. Cool, You're welcome. You're welcome, all right.

709
00:31:48,960 --> 00:31:51,520
Speaker 4: So I feel like that is a very sticky situation

710
00:31:51,680 --> 00:31:53,840
Speaker 4: and it's one that needs to be rectified sooner rather

711
00:31:53,920 --> 00:31:56,160
Speaker 4: than later. I don't have a lot more to say

712
00:31:56,160 --> 00:31:58,640
Speaker 4: on that except if you need, you know, some additional

713
00:31:58,640 --> 00:32:01,560
Speaker 4: help and guidance, we're obviously always here dm US and

714
00:32:01,720 --> 00:32:04,000
Speaker 4: we can help send you in the right direction. As

715
00:32:04,040 --> 00:32:07,520
Speaker 4: we said, it is not that uncommon. So guys, are

716
00:32:07,560 --> 00:32:10,560
Speaker 4: you ready? We have the community DMS and I feel

717
00:32:10,600 --> 00:32:12,920
Speaker 4: like this one's gonna be a little bit relevant for

718
00:32:12,920 --> 00:32:14,880
Speaker 4: a lot of people, whether you're going through it or

719
00:32:14,920 --> 00:32:17,440
Speaker 4: planning to go through it. I kind of like that

720
00:32:17,480 --> 00:32:19,720
Speaker 4: we get this advice before we might go through this.

721
00:32:20,600 --> 00:32:23,440
Speaker 4: So our DM this week reads, HI, she's on the money.

722
00:32:23,480 --> 00:32:26,360
Speaker 4: I've come off maternity leave early to work casually from

723
00:32:26,440 --> 00:32:29,520
Speaker 4: home around bub I'm wanting to save a percent. I

724
00:32:29,560 --> 00:32:32,360
Speaker 4: was thinking around twenty percent in my personal savings before

725
00:32:32,400 --> 00:32:35,880
Speaker 4: depositing the remainder into the joint bill's account. My partner

726
00:32:35,920 --> 00:32:38,280
Speaker 4: thinks this is unfair, since he will be paying for

727
00:32:38,320 --> 00:32:42,000
Speaker 4: a majority of everything now that my government payments have stopped,

728
00:32:42,200 --> 00:32:44,800
Speaker 4: and I should be putting it all into this joint one.

729
00:32:45,000 --> 00:32:47,640
Speaker 4: Am I wrong for wanting this? He's still able to

730
00:32:47,680 --> 00:32:50,760
Speaker 4: save in his personal account while putting the bare minimum

731
00:32:50,880 --> 00:32:53,880
Speaker 4: into the joint bill's account. I'm regularly having to ask

732
00:32:53,920 --> 00:32:56,920
Speaker 4: for tob ups to cover everything that aren't regular bills,

733
00:32:56,920 --> 00:32:59,880
Speaker 4: for example, baby clothes and stuff like that. And if

734
00:32:59,880 --> 00:33:01,520
Speaker 4: I want something like if I want to get my

735
00:33:01,560 --> 00:33:04,000
Speaker 4: hair done, I have to ask for it. Before we

736
00:33:04,040 --> 00:33:06,960
Speaker 4: had a baby, I was so financially independent. So I'm

737
00:33:07,000 --> 00:33:10,040
Speaker 4: really struggling having to ask this. I don't feel like

738
00:33:10,160 --> 00:33:14,800
Speaker 4: he is equal any advice. Oh, I hate this. I

739
00:33:14,840 --> 00:33:17,719
Speaker 4: hate this so much, so much.

740
00:33:18,120 --> 00:33:21,920
Speaker 2: It feels very demeaning to have to be asking for money,

741
00:33:22,120 --> 00:33:24,520
Speaker 2: particularly for like so things like baby clothes, to me,

742
00:33:24,520 --> 00:33:25,760
Speaker 2: you're essentials, like you have.

743
00:33:25,680 --> 00:33:28,160
Speaker 4: One hundred percent if you need to clothe your child.

744
00:33:27,960 --> 00:33:30,040
Speaker 2: Yeah, Like if you're buying design a baby stuff, then okay,

745
00:33:30,080 --> 00:33:30,680
Speaker 2: different story.

746
00:33:30,640 --> 00:33:32,840
Speaker 4: Yeah, but let's pretend for the sake of this conversation

747
00:33:32,920 --> 00:33:34,560
Speaker 4: it's all just reasonable.

748
00:33:34,080 --> 00:33:36,760
Speaker 2: Purchases onesies or something, is what I'm assuming, in which

749
00:33:36,800 --> 00:33:38,200
Speaker 2: case I like, that's not.

750
00:33:38,240 --> 00:33:39,720
Speaker 4: You do stand a target onesie?

751
00:33:39,880 --> 00:33:40,720
Speaker 2: Yeah, gorgeous?

752
00:33:40,760 --> 00:33:41,640
Speaker 1: Like do you know me?

753
00:33:41,720 --> 00:33:44,480
Speaker 2: Like you just need that. That's not to me, there's

754
00:33:44,480 --> 00:33:47,680
Speaker 2: no question to join expense. And I think the other thing,

755
00:33:48,000 --> 00:33:49,720
Speaker 2: and this is something that I've kind of reflected on

756
00:33:50,000 --> 00:33:52,920
Speaker 2: a lot because, as you guys know, like my partner

757
00:33:52,920 --> 00:33:55,000
Speaker 2: and I don't share our finances. We have a joint

758
00:33:55,040 --> 00:33:57,840
Speaker 2: bills account and that's it. And I just thinking about

759
00:33:57,840 --> 00:34:01,680
Speaker 2: how when you are the prime, very caring parent and

760
00:34:01,720 --> 00:34:04,680
Speaker 2: you're staying at home and presumably not working, how hard

761
00:34:04,720 --> 00:34:07,720
Speaker 2: it must be to not be in that position where

762
00:34:07,760 --> 00:34:10,440
Speaker 2: you have your own money anymore. Yeah. You know, some

763
00:34:10,480 --> 00:34:12,480
Speaker 2: people obviously just have one big pool and you're like

764
00:34:12,480 --> 00:34:14,520
Speaker 2: out all of our money is. And in that situation,

765
00:34:14,600 --> 00:34:16,680
Speaker 2: I see how that would work. But if you are

766
00:34:17,440 --> 00:34:19,719
Speaker 2: splitting it a different way or doing whatever, like it

767
00:34:19,719 --> 00:34:22,160
Speaker 2: does seem quite like it seems like it would be

768
00:34:22,160 --> 00:34:23,839
Speaker 2: hard to image, you know what I mean. And yes,

769
00:34:23,960 --> 00:34:26,160
Speaker 2: I wouldn't want to go to my partner and be like, please, sir,

770
00:34:26,360 --> 00:34:28,600
Speaker 2: can I get Oh my god, totally like that would

771
00:34:28,640 --> 00:34:30,200
Speaker 2: make me feel wool, I know.

772
00:34:30,320 --> 00:34:32,400
Speaker 4: And these are conversations we should be having before we

773
00:34:32,440 --> 00:34:35,640
Speaker 4: go on maternity leads, a conversation would be having before

774
00:34:35,680 --> 00:34:37,560
Speaker 4: we even have a baby with someone. It's it's such

775
00:34:37,560 --> 00:34:40,200
Speaker 4: a shame to think that you are with this person

776
00:34:40,239 --> 00:34:41,960
Speaker 4: for so long and you're like, Okay, great, I think

777
00:34:41,960 --> 00:34:43,600
Speaker 4: we're both ready to be parents, and then you have

778
00:34:43,680 --> 00:34:46,000
Speaker 4: the baby and then you realize, oh, this person thinks

779
00:34:46,000 --> 00:34:49,120
Speaker 4: I need to ask them for money to buy our

780
00:34:49,200 --> 00:34:52,919
Speaker 4: baby clothes. Anyway, I just think so many things. First

781
00:34:52,920 --> 00:34:55,240
Speaker 4: of all, it feels so unfair, so your mind blowing.

782
00:34:55,280 --> 00:34:58,200
Speaker 4: As I was reading you, like, oh, I'm so angry,

783
00:34:58,360 --> 00:34:59,120
Speaker 4: I could just see it.

784
00:34:59,239 --> 00:35:02,120
Speaker 6: Yeah, it feels really really unfair, like to the core

785
00:35:02,200 --> 00:35:05,160
Speaker 6: of my belly, feels really unfair that this stay at

786
00:35:05,160 --> 00:35:09,600
Speaker 6: home mother is working twenty four seven. Let's not forget

787
00:35:09,880 --> 00:35:13,839
Speaker 6: working twenty four to seven, never a mental break. Ever,

788
00:35:14,080 --> 00:35:17,440
Speaker 6: I'm assuming if the partner comes home and is parenting

789
00:35:17,640 --> 00:35:20,120
Speaker 6: as well. It's like, cool, we can now share the load,

790
00:35:20,200 --> 00:35:23,200
Speaker 6: but otherwise you really are working twenty four seven and

791
00:35:24,280 --> 00:35:26,640
Speaker 6: then you're also trying to squeeze in on top of that,

792
00:35:26,719 --> 00:35:28,600
Speaker 6: working casually so that you just have a little bit

793
00:35:28,600 --> 00:35:32,160
Speaker 6: more of money to play with, which is you're absolutely

794
00:35:32,280 --> 00:35:32,759
Speaker 6: entitled to.

795
00:35:33,160 --> 00:35:33,279
Speaker 1: It.

796
00:35:33,360 --> 00:35:36,680
Speaker 6: Just it feels really unfair that one person is going

797
00:35:36,719 --> 00:35:40,600
Speaker 6: out and making however much they made before the baby

798
00:35:41,040 --> 00:35:43,080
Speaker 6: and still has the same freedom. I understand it's a

799
00:35:43,080 --> 00:35:44,960
Speaker 6: little bit more tight now there's only one and a

800
00:35:45,000 --> 00:35:48,279
Speaker 6: half income coming in. Income's coming in, but you are

801
00:35:48,480 --> 00:35:51,680
Speaker 6: so entitled to what's it called equity?

802
00:35:51,840 --> 00:35:53,480
Speaker 4: You know, it's like equity in a relationship.

803
00:35:53,680 --> 00:35:56,200
Speaker 6: Yes, yes, yes, exactly. So I feel like that's it's

804
00:35:56,239 --> 00:35:58,319
Speaker 6: just it just it feels the whole thing feels really

805
00:35:58,400 --> 00:36:00,000
Speaker 6: really unfair, and I'm really sorry that you're going through

806
00:36:00,480 --> 00:36:04,040
Speaker 6: absolutely more than allowed. I would say, maybe tell your partner, hey,

807
00:36:04,120 --> 00:36:07,120
Speaker 6: you stay at home, then maybe try and swap roles

808
00:36:07,120 --> 00:36:09,080
Speaker 6: and see if your partner's okay with that, then you

809
00:36:09,160 --> 00:36:11,280
Speaker 6: know what I mean. I just it just feel so unfair.

810
00:36:11,280 --> 00:36:13,360
Speaker 6: I don't even really know how to articulate it. I

811
00:36:13,440 --> 00:36:15,560
Speaker 6: just feel like it's shed.

812
00:36:15,280 --> 00:36:17,360
Speaker 2: There was such a good thread in the Facebook group

813
00:36:17,880 --> 00:36:19,560
Speaker 2: a week and a half ago, maybe a little bit more,

814
00:36:19,640 --> 00:36:21,840
Speaker 2: and it was a conversation around a stay at home parent,

815
00:36:22,239 --> 00:36:25,279
Speaker 2: and again, like her husband in this scenario was the

816
00:36:25,280 --> 00:36:27,120
Speaker 2: one working full time, she was staying at home, And

817
00:36:27,160 --> 00:36:31,160
Speaker 2: it was another conversation around money, and somebody brought up

818
00:36:31,160 --> 00:36:33,600
Speaker 2: the really great point that if the mum went back

819
00:36:33,640 --> 00:36:35,479
Speaker 2: to work and worked full time so that she could

820
00:36:35,480 --> 00:36:38,160
Speaker 2: contribute equally in the way that her partner was, the

821
00:36:38,200 --> 00:36:42,200
Speaker 2: cost of the house cleaner, the chef, the full time daycare,

822
00:36:42,680 --> 00:36:44,680
Speaker 2: the cost to cover all of the labor that she

823
00:36:44,840 --> 00:36:48,200
Speaker 2: was carrying at home would far exceed what she would

824
00:36:48,239 --> 00:36:52,719
Speaker 2: then bring in and contribute quote unquote to that shared account.

825
00:36:53,000 --> 00:36:55,920
Speaker 2: So it sounds like he's just not you know, he's going, oh, well,

826
00:36:55,960 --> 00:36:58,200
Speaker 2: you need to contribute a similar amount to me or whatever.

827
00:36:58,920 --> 00:37:00,359
Speaker 2: He's not accounting for any of that.

828
00:37:00,520 --> 00:37:01,040
Speaker 5: Totally.

829
00:37:01,320 --> 00:37:04,040
Speaker 4: Yeah. I have a few spicy opinions on this, but

830
00:37:04,120 --> 00:37:06,880
Speaker 4: I think the first thing is we can learn a

831
00:37:06,920 --> 00:37:09,240
Speaker 4: lot from this. DM. Yes, So I think this gives

832
00:37:09,280 --> 00:37:11,960
Speaker 4: us the opportunity that if you're thinking about children with

833
00:37:12,000 --> 00:37:13,840
Speaker 4: a partner, or maybe you don't even have a partner,

834
00:37:13,840 --> 00:37:15,839
Speaker 4: you just know that this is a conversation you need

835
00:37:15,880 --> 00:37:18,520
Speaker 4: to be having before you have kids, Like what does

836
00:37:18,560 --> 00:37:20,240
Speaker 4: money look like once you have a child?

837
00:37:20,440 --> 00:37:20,560
Speaker 1: Like?

838
00:37:20,840 --> 00:37:23,359
Speaker 4: Am I going to have to ask you for cash

839
00:37:23,440 --> 00:37:26,480
Speaker 4: if I'm not working? How will we mitigate that? Also,

840
00:37:26,560 --> 00:37:28,879
Speaker 4: what a reasonable expense is for me to be having

841
00:37:28,920 --> 00:37:31,920
Speaker 4: Walam or matt Leeve? Like what does my lifestyle look like?

842
00:37:32,320 --> 00:37:35,360
Speaker 4: Should I, you know, be allocating some cash to the

843
00:37:35,400 --> 00:37:38,799
Speaker 4: side because you know, I'm a mum man to be honest, like,

844
00:37:39,080 --> 00:37:41,719
Speaker 4: as a new mum, who I'm not the primary care

845
00:37:42,360 --> 00:37:44,200
Speaker 4: I mean I was for a number of weeks at

846
00:37:44,200 --> 00:37:46,279
Speaker 4: the start, but now my husband is a stay at

847
00:37:46,280 --> 00:37:49,080
Speaker 4: home husband. For now I'm not the primary care. But

848
00:37:49,600 --> 00:37:51,719
Speaker 4: I can't imagine my husband not getting out of the

849
00:37:51,719 --> 00:37:54,000
Speaker 4: house and going and getting a coffee, Like he would

850
00:37:54,080 --> 00:37:56,319
Speaker 4: go up the wall if he couldn't go for that

851
00:37:56,360 --> 00:37:58,200
Speaker 4: walk and get a coffee and you know, not just

852
00:37:58,239 --> 00:38:01,080
Speaker 4: talk baby all day until I got home, Right, So

853
00:38:01,160 --> 00:38:03,360
Speaker 4: I think is that reasonable to talk about, you know,

854
00:38:03,400 --> 00:38:06,280
Speaker 4: the coffees that you would have. You know, Jess is blonde.

855
00:38:06,480 --> 00:38:09,000
Speaker 4: If you're going to have a baby, Jess, is it

856
00:38:09,040 --> 00:38:11,319
Speaker 4: expected that you'd be able to maintain you know, your

857
00:38:11,360 --> 00:38:13,759
Speaker 4: haircuts and maybe you go get nails, Like are these

858
00:38:13,800 --> 00:38:16,720
Speaker 4: things that you know are reasonable? Or are these things

859
00:38:16,719 --> 00:38:20,400
Speaker 4: that we're cutting? Also, what's your partner cutting? So like,

860
00:38:20,840 --> 00:38:24,120
Speaker 4: I feel like so many times the conversation comes down

861
00:38:24,120 --> 00:38:26,120
Speaker 4: to being like, yeah, we had to really tighten up

862
00:38:26,160 --> 00:38:28,080
Speaker 4: the budget. And I'm seeing this on TikTok a lot,

863
00:38:28,120 --> 00:38:30,400
Speaker 4: and I'm not commenting or engaging in this. I'm just

864
00:38:30,760 --> 00:38:33,680
Speaker 4: seeing a narrative where these women are starting to share

865
00:38:33,719 --> 00:38:36,719
Speaker 4: their household budgets now they're on maternity leave, and I

866
00:38:36,719 --> 00:38:39,560
Speaker 4: think that that is fantastic and so transparent and I

867
00:38:39,600 --> 00:38:41,799
Speaker 4: adore it. I'm so pervy too, I just want to

868
00:38:41,800 --> 00:38:44,200
Speaker 4: know everyone's budget. So I'm like holding it. I watch

869
00:38:44,200 --> 00:38:46,479
Speaker 4: it on two time speed, like you best believe, watched

870
00:38:46,520 --> 00:38:49,360
Speaker 4: every second of it. But what I'm noticing is they're like, yep,

871
00:38:49,400 --> 00:38:51,759
Speaker 4: so we cut down the household budget. Like I'm not

872
00:38:51,760 --> 00:38:54,719
Speaker 4: getting nails. You know, I don't play netball anymore, so

873
00:38:54,760 --> 00:38:56,840
Speaker 4: I don't have that fee. Haha. I can't do it

874
00:38:56,880 --> 00:38:59,160
Speaker 4: anyway because I've just had a baby. And then like

875
00:38:59,200 --> 00:39:01,840
Speaker 4: they're talking about all the things that they've sacrificed in

876
00:39:01,880 --> 00:39:04,480
Speaker 4: their budget. But when you take a deeper look, it's

877
00:39:04,480 --> 00:39:07,359
Speaker 4: all stuff she's sacrificing in her budget, and I'm like, well,

878
00:39:07,440 --> 00:39:10,200
Speaker 4: what does he sacrifice, Like you haven't mentioned that he's not,

879
00:39:10,360 --> 00:39:12,880
Speaker 4: you know, buying new shoes, or you haven't mentioned that

880
00:39:12,960 --> 00:39:15,440
Speaker 4: he's not playing golf if that's for him, or you know,

881
00:39:15,560 --> 00:39:18,120
Speaker 4: he might have footy club fees, or like he might

882
00:39:18,160 --> 00:39:21,680
Speaker 4: have Friday night drinks with the boys. And it's very stereotypical.

883
00:39:22,040 --> 00:39:25,719
Speaker 4: But often, and this is again very is stereotypical, and

884
00:39:25,760 --> 00:39:28,719
Speaker 4: it is not true for everybody, but often when you

885
00:39:28,760 --> 00:39:30,920
Speaker 4: have issues like this, the men are like, well, I'm

886
00:39:30,960 --> 00:39:32,680
Speaker 4: still going to go out for drinks on a Friday.

887
00:39:33,840 --> 00:39:35,520
Speaker 4: Well I have to because I need to wind down

888
00:39:35,600 --> 00:39:38,759
Speaker 4: from work, but like, you're not getting that same opportunity,

889
00:39:38,760 --> 00:39:41,000
Speaker 4: and somehow that's still in the budget. But then you've

890
00:39:41,000 --> 00:39:44,520
Speaker 4: got mum who's scrimping at home, probably deserves the coffee

891
00:39:44,560 --> 00:39:48,480
Speaker 4: walk to go out grab a latte for her mental health,

892
00:39:48,880 --> 00:39:51,680
Speaker 4: but she's making coffees at home, and like, please, don't

893
00:39:51,680 --> 00:39:53,960
Speaker 4: get me wrong, there's absolutely nothing wrong with that, but

894
00:39:54,040 --> 00:39:57,840
Speaker 4: I just see this power imbalance, and you know, someone's

895
00:39:57,880 --> 00:40:00,960
Speaker 4: social life being prioritized over the others because they're the

896
00:40:00,960 --> 00:40:04,080
Speaker 4: primary care So for me, I agree we're not having

897
00:40:04,080 --> 00:40:07,600
Speaker 4: these conversations early enough. Steve and I definitely had them

898
00:40:07,600 --> 00:40:09,960
Speaker 4: because we had to talk about what that looks like.

899
00:40:10,400 --> 00:40:13,520
Speaker 4: I've spoken publicly on the podcast before about the way

900
00:40:13,640 --> 00:40:16,880
Speaker 4: Steve and I manage money, and we managed it exactly

901
00:40:16,920 --> 00:40:20,040
Speaker 4: the same as just us prior to owning property together.

902
00:40:20,360 --> 00:40:23,399
Speaker 4: But the second we had a mortgage, it honestly financially

903
00:40:23,400 --> 00:40:25,719
Speaker 4: made the most sense for us to be putting all

904
00:40:25,760 --> 00:40:27,960
Speaker 4: of our income into the offset account so that it

905
00:40:28,000 --> 00:40:31,360
Speaker 4: can offset the interest that we are paying on our mortgage, right,

906
00:40:31,480 --> 00:40:33,960
Speaker 4: Like saves us money, right, And so we started having

907
00:40:34,000 --> 00:40:37,320
Speaker 4: this conversation about, well, do we have separate offset accounts

908
00:40:37,320 --> 00:40:39,359
Speaker 4: and you know, separate our money or do we have

909
00:40:39,400 --> 00:40:42,960
Speaker 4: one together? And like, from my perspective, we were building

910
00:40:43,000 --> 00:40:46,440
Speaker 4: this life together, and I was like, well, my financial

911
00:40:46,480 --> 00:40:49,839
Speaker 4: decisions impact you. So it's kind of an US thing.

912
00:40:50,239 --> 00:40:50,400
Speaker 1: You know.

913
00:40:50,520 --> 00:40:53,160
Speaker 4: If I'm saving for something, it's kind of a we

914
00:40:53,400 --> 00:40:55,560
Speaker 4: a saving for something because there's not a lot in

915
00:40:55,600 --> 00:40:59,480
Speaker 4: my life right now that's like a Victoria cost. It's

916
00:40:59,520 --> 00:41:01,400
Speaker 4: like a we would like to go on a holiday,

917
00:41:01,640 --> 00:41:05,080
Speaker 4: that's a family cost. So that is where we moved.

918
00:41:05,320 --> 00:41:07,760
Speaker 4: And then now we've had a kid, it's way better

919
00:41:08,080 --> 00:41:11,480
Speaker 4: for us. For us personally, that doesn't work for everybody.

920
00:41:11,600 --> 00:41:15,200
Speaker 4: I've had clients historically who keep their incomes completely separate.

921
00:41:15,239 --> 00:41:18,400
Speaker 4: They have kids, they retire, it's still separate, and it

922
00:41:18,480 --> 00:41:21,279
Speaker 4: works perfectly for them. There is no one size fits all.

923
00:41:21,560 --> 00:41:24,480
Speaker 4: But it sounds like there needs to be more open

924
00:41:24,520 --> 00:41:28,440
Speaker 4: money conversations in this family because if you've got a

925
00:41:28,520 --> 00:41:31,840
Speaker 4: kid and you're having to ask for money, I don't

926
00:41:31,880 --> 00:41:34,240
Speaker 4: think that that means you've got a good enough budget.

927
00:41:34,840 --> 00:41:36,320
Speaker 4: It means that we need to go back to the

928
00:41:36,400 --> 00:41:39,440
Speaker 4: drawing board. Like please, don't get me wrong, it's not

929
00:41:39,520 --> 00:41:41,319
Speaker 4: about what you're spending money on and that you have

930
00:41:41,360 --> 00:41:44,120
Speaker 4: to ask, Like it could just be the electricity bill.

931
00:41:44,160 --> 00:41:46,200
Speaker 4: You're like, oh, can you transfer me a hundred bucks

932
00:41:46,200 --> 00:41:50,160
Speaker 4: I owe or we owe x on our electricity. It's

933
00:41:50,400 --> 00:41:54,600
Speaker 4: just not clean enough budgeting because baby clothes should be

934
00:41:54,600 --> 00:41:57,600
Speaker 4: in the budget, like things should be allocated for and

935
00:41:57,600 --> 00:42:00,760
Speaker 4: we should have a joint fund for that. Letely agree

936
00:42:00,800 --> 00:42:04,040
Speaker 4: with you having separate savings on both sides, but that

937
00:42:04,120 --> 00:42:07,840
Speaker 4: actually needs to be talked about after our basic needs

938
00:42:07,880 --> 00:42:10,319
Speaker 4: have been met. So if we do a budget and

939
00:42:10,400 --> 00:42:12,399
Speaker 4: work out what is our income and what are our

940
00:42:12,480 --> 00:42:15,040
Speaker 4: expenses and what does that look like? We need to

941
00:42:15,200 --> 00:42:18,960
Speaker 4: cover our butts before we start talking about savings. Like,

942
00:42:19,040 --> 00:42:22,200
Speaker 4: I totally agree with you keeping something for yourself, but

943
00:42:22,320 --> 00:42:24,680
Speaker 4: if you're thinking I'd like to save twenty percent before

944
00:42:24,719 --> 00:42:28,120
Speaker 4: depositing it into the bills account, I think that's a

945
00:42:28,200 --> 00:42:31,799
Speaker 4: backwards way of managing finances. And like, I know, there's

946
00:42:31,800 --> 00:42:33,880
Speaker 4: not a one size fits all when it comes to

947
00:42:33,960 --> 00:42:36,520
Speaker 4: managing money, but I do believe that you should be

948
00:42:36,600 --> 00:42:38,960
Speaker 4: covering your expenses first and having a look at all

949
00:42:38,960 --> 00:42:41,400
Speaker 4: your expenses. Where can we cut down. Are we happy

950
00:42:41,440 --> 00:42:43,840
Speaker 4: with everything coming in and going out of our accounts,

951
00:42:44,280 --> 00:42:46,759
Speaker 4: then we should be talking about savings. We're in the

952
00:42:46,760 --> 00:42:49,280
Speaker 4: middle of a cost of living crisis, and I feel

953
00:42:49,320 --> 00:42:51,560
Speaker 4: like there might be a bit of a disconnect between

954
00:42:51,600 --> 00:42:54,440
Speaker 4: you saying I'd love to save twenty percent of my income,

955
00:42:54,480 --> 00:42:57,000
Speaker 4: but also I have to ask my partner to spend

956
00:42:57,040 --> 00:42:59,560
Speaker 4: money on baby clothes. Like I feel like we might

957
00:42:59,600 --> 00:43:01,880
Speaker 4: not be on the same page when it comes to

958
00:43:02,239 --> 00:43:04,560
Speaker 4: what's coming in and what's going out. And I'm not

959
00:43:04,600 --> 00:43:07,840
Speaker 4: saying your partner is right by any stretch of the imagination.

960
00:43:08,200 --> 00:43:11,160
Speaker 4: And you are definitely not wrong for wanting this because

961
00:43:11,200 --> 00:43:13,279
Speaker 4: I think you're wanting your own financial independence. You're your

962
00:43:13,280 --> 00:43:16,280
Speaker 4: own financial freedom, which is really important, but that should

963
00:43:16,280 --> 00:43:19,600
Speaker 4: be in the budget too, Like your emergency fund should

964
00:43:19,680 --> 00:43:23,200
Speaker 4: be something that jointly you're contributing to, even if your

965
00:43:23,280 --> 00:43:26,799
Speaker 4: partner can't access it. Same for him, he should have

966
00:43:26,800 --> 00:43:29,719
Speaker 4: an emergency fund. I think everybody should have one. But

967
00:43:29,800 --> 00:43:32,200
Speaker 4: I think that this conversation actually needs to go back

968
00:43:32,200 --> 00:43:34,440
Speaker 4: to basics and go all right, well, what are our expenses?

969
00:43:34,760 --> 00:43:37,240
Speaker 4: How much do we need to contribute to our joint

970
00:43:37,280 --> 00:43:40,200
Speaker 4: account to keep the roof over our head, our kid clothed,

971
00:43:40,320 --> 00:43:43,880
Speaker 4: and our food on the table, right, and then whatever's

972
00:43:43,960 --> 00:43:47,160
Speaker 4: left over from that? What are we talking about? How

973
00:43:47,280 --> 00:43:49,960
Speaker 4: much of that amount are you keeping in your joint account?

974
00:43:50,000 --> 00:43:53,200
Speaker 4: Do you have joint savings? Should we be contributing to that?

975
00:43:53,680 --> 00:43:57,479
Speaker 4: What does that wealth journey look like? Is that fair

976
00:43:57,560 --> 00:43:59,600
Speaker 4: to say that the entire thing needs to be scrapped

977
00:43:59,600 --> 00:44:00,960
Speaker 4: and we go back to the drawing board.

978
00:44:01,040 --> 00:44:03,840
Speaker 2: Yeah, and when doing so, just kindly reminding your partner that,

979
00:44:04,160 --> 00:44:06,520
Speaker 2: like looking after a child, despite the fact that it's

980
00:44:06,520 --> 00:44:08,239
Speaker 2: probably the worst paying job in the world, is in

981
00:44:08,280 --> 00:44:09,160
Speaker 2: fact a job like.

982
00:44:09,160 --> 00:44:11,600
Speaker 4: Totally I feel like we shouldn't have to ask our

983
00:44:11,680 --> 00:44:15,840
Speaker 4: partner to cover a basic necessity in our house, like

984
00:44:16,000 --> 00:44:18,760
Speaker 4: it should be a conversation no, And to be honest,

985
00:44:18,800 --> 00:44:20,719
Speaker 4: I feel like your partner should be on board with

986
00:44:20,800 --> 00:44:23,040
Speaker 4: that cost too. We're not asking for permission, but we're

987
00:44:23,080 --> 00:44:24,880
Speaker 4: letting them know. Oh hey, did you know that it

988
00:44:24,920 --> 00:44:28,160
Speaker 4: costs this much? Because if they're not in control of that,

989
00:44:28,360 --> 00:44:31,680
Speaker 4: it's like the unpaid labor that women have on top

990
00:44:31,719 --> 00:44:34,839
Speaker 4: of all of the other pieces of unpaid labor we do, right,

991
00:44:34,880 --> 00:44:37,719
Speaker 4: Like it's more mental load, Like I know that. And

992
00:44:37,760 --> 00:44:39,600
Speaker 4: I'm not saying my partner doesn't do this because he's

993
00:44:39,640 --> 00:44:42,800
Speaker 4: fantastic at it, but like I'm thinking, wow, okay, Harvey's

994
00:44:42,800 --> 00:44:45,360
Speaker 4: four months now, He's going to be six months soon,

995
00:44:45,560 --> 00:44:48,200
Speaker 4: Like do we need to go shopping for some clothes?

996
00:44:48,719 --> 00:44:51,080
Speaker 4: Like I don't actually know because I haven't spoken to

997
00:44:51,080 --> 00:44:52,879
Speaker 4: my part or about this. Does he know how much

998
00:44:52,880 --> 00:44:53,600
Speaker 4: ones he's cost?

999
00:44:54,120 --> 00:44:54,239
Speaker 5: Like?

1000
00:44:54,280 --> 00:44:57,200
Speaker 4: How many do we need in his wardrobe? How much

1001
00:44:57,239 --> 00:44:58,799
Speaker 4: does this actually cost us?

1002
00:44:58,840 --> 00:44:58,920
Speaker 1: So?

1003
00:44:59,239 --> 00:45:01,440
Speaker 4: Is your partner away of these things? Does he know

1004
00:45:01,480 --> 00:45:03,359
Speaker 4: how much the nappy cream is? Does he know how

1005
00:45:03,440 --> 00:45:05,520
Speaker 4: much nappies are? Do you know how much that has

1006
00:45:05,560 --> 00:45:06,879
Speaker 4: increased your grocery bill?

1007
00:45:07,200 --> 00:45:07,279
Speaker 1: So?

1008
00:45:07,320 --> 00:45:10,560
Speaker 4: I think it's important to have these conversations because I'm

1009
00:45:10,680 --> 00:45:13,759
Speaker 4: hoping that the outcome of this is him going, oh,

1010
00:45:13,840 --> 00:45:16,600
Speaker 4: I didn't realize. Sorry, Yeah, yeah, we can just fix

1011
00:45:16,680 --> 00:45:19,200
Speaker 4: that and then it's all simple and done and dusted.

1012
00:45:19,440 --> 00:45:21,160
Speaker 4: But the fact that you've taken the time to write

1013
00:45:21,200 --> 00:45:23,520
Speaker 4: this message in I think it needs a little bit

1014
00:45:23,520 --> 00:45:24,880
Speaker 4: more budget planning.

1015
00:45:25,160 --> 00:45:30,280
Speaker 2: Yes, whateveryone else say so, you guys are cue today?

1016
00:45:30,719 --> 00:45:31,080
Speaker 1: All right?

1017
00:45:31,160 --> 00:45:33,560
Speaker 4: So we asked the community, do you think it sounds

1018
00:45:33,600 --> 00:45:36,680
Speaker 4: like the partner is forgetting about the unpaid full time

1019
00:45:36,800 --> 00:45:40,880
Speaker 4: job of a stay at home parent. Twenty seven percent

1020
00:45:41,040 --> 00:45:45,560
Speaker 4: said yes, Beck's looking at me and going what the

1021
00:45:45,600 --> 00:45:50,759
Speaker 4: heck it's because seventy percent said yes times two and

1022
00:45:50,800 --> 00:45:52,000
Speaker 4: two percent said no.

1023
00:45:52,239 --> 00:45:54,480
Speaker 2: But a lot of people clicked it accidentally and message

1024
00:45:54,560 --> 00:45:58,279
Speaker 2: us to say I clicked the robber button. I think

1025
00:45:58,360 --> 00:45:59,200
Speaker 2: I'm rude.

1026
00:46:00,280 --> 00:46:02,600
Speaker 4: We then asked you guys, all right, can you give

1027
00:46:02,640 --> 00:46:05,080
Speaker 4: us some tips on how to navigate contributions to a

1028
00:46:05,160 --> 00:46:08,000
Speaker 4: joint account when one person takes time off work to

1029
00:46:08,080 --> 00:46:12,200
Speaker 4: raise a child. Lots of conversation about this one in

1030
00:46:12,239 --> 00:46:15,160
Speaker 4: our DMS this week, so there's lots of different things

1031
00:46:15,160 --> 00:46:17,720
Speaker 4: that work for lots of different people. One person said,

1032
00:46:17,800 --> 00:46:20,200
Speaker 4: all money into one account and then equal amounts into

1033
00:46:20,200 --> 00:46:24,120
Speaker 4: personal accounts. We do seventy five dollars each week. Someone

1034
00:46:24,160 --> 00:46:26,480
Speaker 4: else said, make sure that the stay our home parents

1035
00:46:26,480 --> 00:46:31,040
Speaker 4: still has superannuation contributions. Very important, very important. Someone else said,

1036
00:46:31,360 --> 00:46:34,440
Speaker 4: talk it would have been better to have these conversations

1037
00:46:34,480 --> 00:46:37,399
Speaker 4: before having a kid totally, But we can't go back

1038
00:46:37,400 --> 00:46:38,239
Speaker 4: in time, can we.

1039
00:46:38,440 --> 00:46:40,480
Speaker 2: That's very true late now, late now.

1040
00:46:40,800 --> 00:46:43,480
Speaker 4: We're doing the best that we can. Next person said,

1041
00:46:43,560 --> 00:46:45,760
Speaker 4: if you have a child together, you should be stable

1042
00:46:45,880 --> 00:46:48,080
Speaker 4: enough for money to be a joint thing. I mean,

1043
00:46:48,200 --> 00:46:51,319
Speaker 4: in a perfect world, yes, but that doesn't mean that

1044
00:46:51,400 --> 00:46:54,879
Speaker 4: you meant to have a child. It also doesn't mean

1045
00:46:54,960 --> 00:46:58,400
Speaker 4: that you decided at a stable point in your life

1046
00:46:58,440 --> 00:47:01,600
Speaker 4: to have a child, like lots of people have children

1047
00:47:02,080 --> 00:47:04,160
Speaker 4: for lots of different reasons. Like we heard on the

1048
00:47:04,200 --> 00:47:07,080
Speaker 4: podcast a couple of weeks ago on Money Diaries about

1049
00:47:07,120 --> 00:47:10,359
Speaker 4: a girl who was told that if she didn't have

1050
00:47:10,440 --> 00:47:12,319
Speaker 4: kids within the next year, it wouldn't happen for her.

1051
00:47:12,400 --> 00:47:15,440
Speaker 4: And she was relatively young, and she's in a situation

1052
00:47:15,600 --> 00:47:19,080
Speaker 4: where her partner was significantly younger than her, and she

1053
00:47:19,239 --> 00:47:20,719
Speaker 4: was like, well, I could have kids, but it's not

1054
00:47:20,800 --> 00:47:22,560
Speaker 4: right for my relationship. Like, what do I do?

1055
00:47:22,719 --> 00:47:22,879
Speaker 5: So?

1056
00:47:22,920 --> 00:47:25,920
Speaker 4: I think that, Yes, I agree, in a perfect world

1057
00:47:26,000 --> 00:47:28,560
Speaker 4: we should be financially stable, but that does not mean

1058
00:47:29,360 --> 00:47:31,759
Speaker 4: that we are, and we're all just doing the best

1059
00:47:31,800 --> 00:47:34,920
Speaker 4: that we can. Someone else has said personal savings need

1060
00:47:34,960 --> 00:47:38,200
Speaker 4: to be divided equally between both parties, regardless of their contribution.

1061
00:47:38,400 --> 00:47:39,440
Speaker 2: Yes fair.

1062
00:47:39,840 --> 00:47:42,319
Speaker 4: Someone else to combine money and take an allowance for

1063
00:47:42,360 --> 00:47:46,279
Speaker 4: your personal expenditure. Seeing a theme, someone else said, I

1064
00:47:46,280 --> 00:47:49,240
Speaker 4: think you need to restructure bill amounts to include everything

1065
00:47:49,280 --> 00:47:52,480
Speaker 4: for baby, because that's actually a joint expense. Too.

1066
00:47:52,520 --> 00:47:52,759
Speaker 5: True.

1067
00:47:52,760 --> 00:47:57,320
Speaker 4: Absolutely, I like this person's thought pattern because it's basically mine.

1068
00:47:57,560 --> 00:48:00,480
Speaker 4: Sounds like you need to do a budget reassessment. Really,

1069
00:48:00,880 --> 00:48:02,840
Speaker 4: he was so smart. I love this. Actually I just

1070
00:48:02,880 --> 00:48:06,480
Speaker 4: steal all my answers from the DMS. Yeah I'm check

1071
00:48:06,520 --> 00:48:09,480
Speaker 4: out what Yeah yeah, Like you're stealing your homework from

1072
00:48:09,520 --> 00:48:11,799
Speaker 4: your partner, I'm stealing from the community.

1073
00:48:12,000 --> 00:48:13,040
Speaker 6: You're allowed in that case.

1074
00:48:13,400 --> 00:48:15,840
Speaker 4: Someone said, just add the cost of care and send

1075
00:48:15,920 --> 00:48:19,239
Speaker 4: him a bill. Wild Someone said, please make sure you're

1076
00:48:19,280 --> 00:48:21,479
Speaker 4: looking after your super And then there were just lots

1077
00:48:21,520 --> 00:48:24,759
Speaker 4: of people saying communication is the key here. You both

1078
00:48:24,800 --> 00:48:26,359
Speaker 4: need to be on the same page. But then we

1079
00:48:26,400 --> 00:48:28,439
Speaker 4: asked the community. We're like, well, do you have any

1080
00:48:28,480 --> 00:48:32,279
Speaker 4: advice specific to this community member, and they said, if

1081
00:48:32,320 --> 00:48:34,279
Speaker 4: he doesn't like it, he should be the one that

1082
00:48:34,320 --> 00:48:37,600
Speaker 4: stays home with baby. Yes, and that's Beck's idea. Someone said,

1083
00:48:37,640 --> 00:48:40,120
Speaker 4: he can stay home if he likes I love that.

1084
00:48:40,160 --> 00:48:42,480
Speaker 4: You guys are all like, well, you do it, literally,

1085
00:48:42,680 --> 00:48:45,520
Speaker 4: you do it, sir, see how easy it is. Someone

1086
00:48:45,560 --> 00:48:50,879
Speaker 4: else said, divorce extreme. You all are dramatics sometimes. I mean,

1087
00:48:50,920 --> 00:48:52,480
Speaker 4: I'm here for it because they want to know the

1088
00:48:52,560 --> 00:48:54,560
Speaker 4: tea and I like reading it, but I'm also like, cool,

1089
00:48:54,640 --> 00:48:56,440
Speaker 4: please don't take that too dramatically.

1090
00:48:56,960 --> 00:48:58,960
Speaker 2: Let's work through some steps before we Yeah, let's.

1091
00:49:00,320 --> 00:49:03,920
Speaker 4: Communication could actually solve this problem. Someone said, suggest a

1092
00:49:04,000 --> 00:49:07,839
Speaker 4: joint account for the kid, So I think that could

1093
00:49:07,840 --> 00:49:10,839
Speaker 4: work really well as well. Someone said, you can chat

1094
00:49:10,880 --> 00:49:13,680
Speaker 4: to a financial counselor about how to approach the situation

1095
00:49:13,760 --> 00:49:15,520
Speaker 4: in more depth, which I think is actually a really

1096
00:49:15,560 --> 00:49:20,520
Speaker 4: good idea because sometimes obviously this is just a DM

1097
00:49:20,760 --> 00:49:22,920
Speaker 4: and we can't give you enough nuanced advice. But if

1098
00:49:22,920 --> 00:49:25,480
Speaker 4: you chatted to a financial counselor from our friends at

1099
00:49:25,480 --> 00:49:28,040
Speaker 4: the debt helpline, that would be really good. And then

1100
00:49:28,280 --> 00:49:31,120
Speaker 4: someone else said sit down with him and go through

1101
00:49:31,120 --> 00:49:33,680
Speaker 4: the budget, which I think is the most important thing

1102
00:49:33,760 --> 00:49:36,560
Speaker 4: here right, Like, to me, this is really important. I

1103
00:49:36,560 --> 00:49:39,200
Speaker 4: think it's also really important here to point out the

1104
00:49:39,440 --> 00:49:45,040
Speaker 4: coercive control in finances is actually financial abuse. Yes, and

1105
00:49:45,080 --> 00:49:47,520
Speaker 4: I'm not saying that that's what's happening here, but there

1106
00:49:47,600 --> 00:49:50,600
Speaker 4: were a few little, you know, maybe orange flags to

1107
00:49:50,680 --> 00:49:53,600
Speaker 4: me that this was not a situation that was healthy,

1108
00:49:53,719 --> 00:49:55,640
Speaker 4: And I think it's really important to call that out

1109
00:49:55,680 --> 00:50:00,719
Speaker 4: because financial abuse comes in lots of different colors, shades

1110
00:50:00,920 --> 00:50:04,719
Speaker 4: and ways, and having money withheld is financial abuse if

1111
00:50:04,719 --> 00:50:06,600
Speaker 4: it's for things that you need to spend money on.

1112
00:50:06,719 --> 00:50:08,960
Speaker 4: Even just feeling ick about it is a conversation you

1113
00:50:09,080 --> 00:50:12,400
Speaker 4: need to be having. So I think that's unfortunately guys,

1114
00:50:12,400 --> 00:50:14,239
Speaker 4: all we have time for today. But I think that

1115
00:50:14,239 --> 00:50:17,200
Speaker 4: that's kind of a good rap, like just making sure

1116
00:50:17,280 --> 00:50:19,840
Speaker 4: that on the surface it is what it is, but

1117
00:50:20,000 --> 00:50:23,720
Speaker 4: making sure that we're educated about it turning into something

1118
00:50:23,760 --> 00:50:27,359
Speaker 4: you don't want it to. Yeah, great advice if that's

1119
00:50:27,400 --> 00:50:30,240
Speaker 4: something that you are worried about, though, the best number

1120
00:50:30,239 --> 00:50:33,239
Speaker 4: to call is one eight hundred. Respect. They do really

1121
00:50:33,239 --> 00:50:35,120
Speaker 4: great work and can send you to the people that

1122
00:50:35,160 --> 00:50:37,799
Speaker 4: you need, and then obviously if you do think you're

1123
00:50:37,800 --> 00:50:41,640
Speaker 4: in serious trouble, always called triple zero. Yeah, but we'll

1124
00:50:41,640 --> 00:50:44,560
Speaker 4: see you next week. Guys, sorry, did you forget something?

1125
00:50:44,920 --> 00:50:51,720
Speaker 4: It's Jess's birthday, having birthday jests. We'll do this again

1126
00:50:51,760 --> 00:51:02,800
Speaker 4: in three hundred and sixty five days. Ways, the advice

1127
00:51:02,840 --> 00:51:05,400
Speaker 4: shared on She's on the Money is general in nature

1128
00:51:05,440 --> 00:51:08,960
Speaker 4: and does not consider your individual circumstances. She's on the

1129
00:51:08,960 --> 00:51:12,520
Speaker 4: Money exists purely for educational purposes and should not be

1130
00:51:12,600 --> 00:51:15,960
Speaker 4: relied upon to make an investment or financial decision. If

1131
00:51:16,000 --> 00:51:18,360
Speaker 4: you do choose to buy a financial product, read the

1132
00:51:18,360 --> 00:51:23,000
Speaker 4: PDS TMD and obtain appropriate financial advice tailored towards your needs.

1133
00:51:23,360 --> 00:51:27,280
Speaker 4: Victoria Divine and She's on the Money are authorized representatives

1134
00:51:27,320 --> 00:51:31,439
Speaker 4: of Money showper Pty Ltd ABN three two one six

1135
00:51:31,520 --> 00:51:35,359
Speaker 4: four nine two seven seven zero eight AFSL four five

1136
00:51:35,520 --> 00:51:37,360
Speaker 4: one two eight nine