1 00:00:00,680 --> 00:00:01,000 Speaker 1: Hello. 2 00:00:01,560 --> 00:00:05,040 Speaker 2: My name's Santasha Nabananga Bamblet. I'm a proud yr the 3 00:00:05,160 --> 00:00:08,760 Speaker 2: Order Kernye Whoalbury and a waddery woman. And before we 4 00:00:08,800 --> 00:00:11,440 Speaker 2: get started on She's on the Money podcast, I would 5 00:00:11,520 --> 00:00:14,520 Speaker 2: like to acknowledge the traditional custodians of the land of 6 00:00:14,560 --> 00:00:18,680 Speaker 2: which this podcast is recorded on a wondery country, acknowledging 7 00:00:18,680 --> 00:00:22,560 Speaker 2: the elders, the ancestors and the next generation coming through 8 00:00:23,040 --> 00:00:27,159 Speaker 2: as this podcast is about connecting, empowering, knowledge sharing and 9 00:00:27,240 --> 00:00:30,600 Speaker 2: the storytelling of you to make a difference for today 10 00:00:31,040 --> 00:00:32,640 Speaker 2: and lasting impact for tomorrow. 11 00:00:33,320 --> 00:00:34,120 Speaker 1: Let's get into it. 12 00:00:34,760 --> 00:00:58,680 Speaker 3: She's on the Money, She's on the Money. Hello, and 13 00:00:58,840 --> 00:01:01,920 Speaker 3: welcome to She's on the Money, the podcast for millennials 14 00:01:01,960 --> 00:01:03,600 Speaker 3: who want financial freedom. 15 00:01:04,000 --> 00:01:05,880 Speaker 1: Welcome back to another one of our. 16 00:01:05,959 --> 00:01:08,520 Speaker 3: Very special money diaries where we get to talk with 17 00:01:08,600 --> 00:01:11,240 Speaker 3: one of our beautiful She's on the Money community members 18 00:01:11,400 --> 00:01:14,959 Speaker 3: all about their money story. Let's jump in because this 19 00:01:15,080 --> 00:01:17,280 Speaker 3: week I got a message and it went like this, 20 00:01:18,080 --> 00:01:20,800 Speaker 3: Hi V, I'm a single mum, a teacher. I'm renting 21 00:01:20,800 --> 00:01:23,600 Speaker 3: my house out on Airbnb whilst I've moved back in 22 00:01:23,640 --> 00:01:26,280 Speaker 3: with my parents and I have made an extra forty 23 00:01:26,440 --> 00:01:30,240 Speaker 3: one thousand dollars in twelve months from being on Airbnb 24 00:01:30,880 --> 00:01:35,240 Speaker 3: money diarist forty one grands, basically someone's whole salary. 25 00:01:35,319 --> 00:01:36,000 Speaker 1: What the heck? 26 00:01:36,440 --> 00:01:39,039 Speaker 4: Yeah, it's ver pretty amazing. And I actually got the 27 00:01:39,120 --> 00:01:40,840 Speaker 4: idea from one of your podcasts. 28 00:01:40,920 --> 00:01:43,040 Speaker 3: I'm going to hit up Airbnb for a sponsorship. I'm 29 00:01:43,040 --> 00:01:45,400 Speaker 3: going to be like, hi, mbab, it's me. I'm basically 30 00:01:45,440 --> 00:01:47,600 Speaker 3: funding your entire business at this point. 31 00:01:47,880 --> 00:01:48,080 Speaker 1: Yeah. 32 00:01:48,120 --> 00:01:50,120 Speaker 4: I think it was Georgia or Jess that just said 33 00:01:50,120 --> 00:01:53,160 Speaker 4: that one of their brothers was doing it on the weekend. Yeah, 34 00:01:53,200 --> 00:01:55,720 Speaker 4: and I just going, oh, that's actually a great idea. 35 00:01:55,880 --> 00:01:57,240 Speaker 4: I'll give that a go and see. 36 00:01:57,480 --> 00:01:59,640 Speaker 3: Oh my gosh, So how did that go with you? 37 00:01:59,720 --> 00:02:01,680 Speaker 3: I guess having to move back in with your parents 38 00:02:01,680 --> 00:02:02,680 Speaker 3: and stuff like. 39 00:02:02,720 --> 00:02:06,960 Speaker 4: It wasn't ideal. We built our house over like during COVID, 40 00:02:07,520 --> 00:02:09,600 Speaker 4: and we were only in it for six months before 41 00:02:09,760 --> 00:02:13,480 Speaker 4: we separated, which was unfortunate, but it was a bit hectic. 42 00:02:13,760 --> 00:02:17,280 Speaker 4: I had decided to do the airbnb literally just before 43 00:02:17,320 --> 00:02:20,760 Speaker 4: I moved back home with mum and dad, and I 44 00:02:20,840 --> 00:02:23,720 Speaker 4: had my first booking ready to go, and he hadn't 45 00:02:23,919 --> 00:02:27,400 Speaker 4: moved his stuff out just yet, so it was literally awkward. 46 00:02:27,440 --> 00:02:29,799 Speaker 4: He moved out one day and then the booking was 47 00:02:29,840 --> 00:02:31,960 Speaker 4: the very next day, and it was like mayhem. It 48 00:02:32,040 --> 00:02:34,680 Speaker 4: was like an episode of the Block where they're getting 49 00:02:34,680 --> 00:02:38,320 Speaker 4: all their life stuff Freddy. Yeah, so my parents even 50 00:02:38,320 --> 00:02:40,560 Speaker 4: helped me with that. His mum helped me as well. 51 00:02:40,800 --> 00:02:41,880 Speaker 1: Oh my gosh, a door. 52 00:02:42,400 --> 00:02:44,240 Speaker 3: All right, I want to know before we get further 53 00:02:44,280 --> 00:02:46,000 Speaker 3: into it, because I've got so many questions. I feel 54 00:02:46,000 --> 00:02:48,320 Speaker 3: like you've just given us so many like tipbits and 55 00:02:48,360 --> 00:02:50,080 Speaker 3: like things that I'm like, are the spoilers? 56 00:02:50,080 --> 00:02:53,040 Speaker 1: I think they are? But money dos? 57 00:02:53,120 --> 00:02:54,840 Speaker 3: What grade would you give your money habits if I 58 00:02:54,880 --> 00:02:57,000 Speaker 3: asked you to grade them from A through to F. 59 00:02:57,840 --> 00:03:00,000 Speaker 4: I was talking with my partner about this last night, 60 00:03:00,160 --> 00:03:03,240 Speaker 4: and I think it being minus. 61 00:03:03,240 --> 00:03:05,640 Speaker 3: All right, well let's learn more about it. My favorite 62 00:03:05,720 --> 00:03:09,239 Speaker 3: question in the entire universe, money diarist. Can you tell 63 00:03:09,240 --> 00:03:11,680 Speaker 3: me a little bit more about your money story? 64 00:03:12,120 --> 00:03:16,000 Speaker 4: Yeah? So, growing up it's very middle class family. My 65 00:03:16,080 --> 00:03:18,040 Speaker 4: parents were divorced when I was nine months old. That 66 00:03:18,120 --> 00:03:20,760 Speaker 4: my stepdad was in the picture from like two, and 67 00:03:21,040 --> 00:03:24,040 Speaker 4: we never wanted for anything, so we you know, did 68 00:03:24,120 --> 00:03:27,560 Speaker 4: music lessons, did dance class, but money wasn't really talked 69 00:03:27,560 --> 00:03:31,639 Speaker 4: about at all. So when I was eighteen. My mum 70 00:03:31,680 --> 00:03:34,160 Speaker 4: recommended I got a credit card because then you'd get 71 00:03:34,160 --> 00:03:36,840 Speaker 4: a good credit score, even though that's not what we 72 00:03:36,960 --> 00:03:38,120 Speaker 4: do in a tire as I've. 73 00:03:38,040 --> 00:03:38,840 Speaker 1: Learned, that's fine. 74 00:03:38,920 --> 00:03:41,120 Speaker 3: She was doing the best she could with the resources 75 00:03:41,120 --> 00:03:42,040 Speaker 3: and knowledge she had. 76 00:03:42,320 --> 00:03:45,840 Speaker 4: Yep, financial literacy. Interesting. Yeah, but I was lucky that 77 00:03:45,880 --> 00:03:48,440 Speaker 4: I didn't actually splurge too much. I paid it off 78 00:03:48,480 --> 00:03:51,960 Speaker 4: every month. I had like a four grand loan towards 79 00:03:52,000 --> 00:03:55,560 Speaker 4: my car, and yeah, I paid it off consistently. So 80 00:03:56,160 --> 00:04:00,160 Speaker 4: my money story, yes, that's pretty much it. I think 81 00:04:00,200 --> 00:04:02,800 Speaker 4: I've always been a really good saver. So I ended 82 00:04:02,920 --> 00:04:05,360 Speaker 4: up saving like one hundred grand towards. 83 00:04:05,000 --> 00:04:06,800 Speaker 1: My first house. No you didn't. 84 00:04:07,440 --> 00:04:11,760 Speaker 4: Yeah, I've built twice. I was with my first boyfriend 85 00:04:11,760 --> 00:04:14,720 Speaker 4: for like nine years, so we built out in the 86 00:04:14,880 --> 00:04:19,440 Speaker 4: Racklyn area anyway, like we'd separated, and I got a 87 00:04:19,480 --> 00:04:21,719 Speaker 4: settlement out of that, and then I ended up paying 88 00:04:21,720 --> 00:04:24,440 Speaker 4: my hegsteat off with it because I wanted to be 89 00:04:24,520 --> 00:04:28,400 Speaker 4: debt free. Reconnected with my high school sweetheart ten years later, 90 00:04:28,440 --> 00:04:31,599 Speaker 4: we got back together and got married, had our little munchkin. 91 00:04:31,880 --> 00:04:34,120 Speaker 1: No you didn't, that's so sweet. 92 00:04:35,000 --> 00:04:38,240 Speaker 3: Yeah, I know you have a bam beanie together, we too, 93 00:04:38,400 --> 00:04:39,719 Speaker 3: but then it's ended. 94 00:04:40,120 --> 00:04:43,120 Speaker 1: So what that was a roller coaster? 95 00:04:43,640 --> 00:04:46,839 Speaker 4: It was crazy, right, He ended up cheating and leaving 96 00:04:46,880 --> 00:04:48,960 Speaker 4: me for a twenty three year old, so it was like. 97 00:04:49,080 --> 00:04:51,040 Speaker 1: Got to work out in the long term really nicely 98 00:04:51,080 --> 00:04:51,400 Speaker 1: for him. 99 00:04:51,760 --> 00:04:53,719 Speaker 4: Yeah, but I mean I'd realive it every day just 100 00:04:53,760 --> 00:04:54,200 Speaker 4: to have her. 101 00:04:54,320 --> 00:04:57,320 Speaker 3: So yeah, no, one hundred percent, Like, yeah, straight in 102 00:04:57,320 --> 00:04:58,640 Speaker 3: the bin with that, man, I love it. 103 00:04:58,720 --> 00:04:59,840 Speaker 1: Or tell me a bit more. 104 00:05:00,240 --> 00:05:02,400 Speaker 3: You mentioned you got a credit card at eighteen and 105 00:05:02,440 --> 00:05:04,279 Speaker 3: a four thousand dollar loan for a car, and I 106 00:05:04,320 --> 00:05:08,160 Speaker 3: feel like these are things that in people's money stories 107 00:05:08,200 --> 00:05:10,000 Speaker 3: can send you one of two ways, and it sounds 108 00:05:10,040 --> 00:05:11,560 Speaker 3: like it sent you down the route of just being 109 00:05:11,560 --> 00:05:12,960 Speaker 3: a really good saver. And you were like, I have 110 00:05:13,040 --> 00:05:15,560 Speaker 3: these financial responsibilities, I'm going to pay them off, and 111 00:05:15,600 --> 00:05:17,240 Speaker 3: you know, I've got a credit card and going to 112 00:05:17,320 --> 00:05:21,080 Speaker 3: pay that off monthly. Whereas some people go down that route, 113 00:05:21,080 --> 00:05:23,240 Speaker 3: get a credit card, end up in mass amounts of debt. 114 00:05:23,240 --> 00:05:24,960 Speaker 3: They might get a car loan of four grand and 115 00:05:24,960 --> 00:05:28,000 Speaker 3: then four grand turns into eight grand, and like things compound, 116 00:05:28,240 --> 00:05:30,520 Speaker 3: Where did you learn to save? Because being able to 117 00:05:30,560 --> 00:05:34,159 Speaker 3: save on a teacher's salary one hundred thousand dollars is 118 00:05:34,560 --> 00:05:37,760 Speaker 3: body impressive, but I also really want to learn from that. 119 00:05:38,520 --> 00:05:41,919 Speaker 4: Yeah, I read The Barefoot Investor a while back, but 120 00:05:42,040 --> 00:05:44,520 Speaker 4: I think I've just been saving before then anyway, Like 121 00:05:44,600 --> 00:05:47,080 Speaker 4: I knew we're going to buy a block of land 122 00:05:47,120 --> 00:05:49,600 Speaker 4: and then we'd be paying in installments when you're building, 123 00:05:49,760 --> 00:05:52,640 Speaker 4: so I just wanted to have a buffer. I'd like 124 00:05:52,720 --> 00:05:54,800 Speaker 4: to say I'm as good at saving right now, but 125 00:05:54,920 --> 00:05:58,280 Speaker 4: it's changed a little bit with everything. Yeah, I don't 126 00:05:58,320 --> 00:06:00,640 Speaker 4: actually know where I got it from, to be honest, 127 00:06:00,720 --> 00:06:04,240 Speaker 4: because it wasn't spoken about. I think I just decided 128 00:06:04,279 --> 00:06:06,799 Speaker 4: to do it, and I saw that he, my partner 129 00:06:06,839 --> 00:06:10,040 Speaker 4: at the time, wasn't saving at all, so I made 130 00:06:10,760 --> 00:06:13,120 Speaker 4: sounds wrong if I save made But I got him 131 00:06:13,120 --> 00:06:15,920 Speaker 4: to contribute as well, so we were saving for it together. 132 00:06:16,400 --> 00:06:19,400 Speaker 4: And even though at at one hundred grand it was 133 00:06:19,440 --> 00:06:23,760 Speaker 4: probably like seventy thousand of it was mine, at least 134 00:06:23,760 --> 00:06:24,720 Speaker 4: I got him to save. 135 00:06:25,400 --> 00:06:27,960 Speaker 1: Yeah along the way, that's so good. I love that. 136 00:06:28,600 --> 00:06:31,440 Speaker 3: Now you've just mentioned in I guess the start of 137 00:06:31,440 --> 00:06:33,719 Speaker 3: your money story that you had your first partner, you 138 00:06:33,760 --> 00:06:35,640 Speaker 3: were with them for nine years, and then you got 139 00:06:35,680 --> 00:06:37,800 Speaker 3: with your high school sweetheart, which took me on an 140 00:06:37,800 --> 00:06:41,440 Speaker 3: absolute roller coaster, had a baby. But how did you 141 00:06:41,520 --> 00:06:45,240 Speaker 3: come out of both of those relationships financially stable? 142 00:06:45,839 --> 00:06:49,360 Speaker 4: So with the first one, we were engaged, we hadn't 143 00:06:49,440 --> 00:06:54,360 Speaker 4: lived together before, and I would not recommend that again, 144 00:06:54,560 --> 00:06:56,080 Speaker 4: but I just felt like it was a bit of 145 00:06:56,160 --> 00:06:59,800 Speaker 4: a controlling relationship, and I decided to end it, and 146 00:07:00,480 --> 00:07:02,400 Speaker 4: we decided that he would buy me out of the house. 147 00:07:03,120 --> 00:07:07,200 Speaker 4: So we kept negotiating back and forth, and yeah, I 148 00:07:07,240 --> 00:07:09,520 Speaker 4: walked away from it fairly well, it was still a loss, 149 00:07:09,600 --> 00:07:12,200 Speaker 4: but to walk away with seventy seven grand at the 150 00:07:12,280 --> 00:07:12,720 Speaker 4: end of it. 151 00:07:12,800 --> 00:07:16,120 Speaker 3: Okay, so it's kind of clean, but also probably not 152 00:07:16,240 --> 00:07:19,880 Speaker 3: taking into consideration too much else, yes, exactly. 153 00:07:20,200 --> 00:07:23,000 Speaker 4: And then I've paid off the thirty grand left owing 154 00:07:23,040 --> 00:07:25,600 Speaker 4: on my hex debt. I'd always been contributing, like the 155 00:07:25,680 --> 00:07:29,640 Speaker 4: voluntary contribution, Yeah, the contributions along the way, so it 156 00:07:29,680 --> 00:07:33,400 Speaker 4: wasn't too high. And then when I reconnected with my 157 00:07:33,480 --> 00:07:36,240 Speaker 4: high school sweetheart, we ended up going to America and 158 00:07:36,280 --> 00:07:39,440 Speaker 4: traveling a bit. We had separate accounts, so that was 159 00:07:39,480 --> 00:07:42,760 Speaker 4: all separate, but he put his on a credit card 160 00:07:42,840 --> 00:07:44,000 Speaker 4: and I didn't put. 161 00:07:43,880 --> 00:07:45,280 Speaker 1: Mine on a credit card. That's okay. 162 00:07:45,600 --> 00:07:48,000 Speaker 4: Yeah, And there were a few flags along the way. 163 00:07:48,440 --> 00:07:54,080 Speaker 4: So I found out, probably about I want to say, 164 00:07:54,080 --> 00:07:56,920 Speaker 4: twelve months in, that he had sixty grand worth of debt, 165 00:07:57,440 --> 00:08:00,080 Speaker 4: which I feel like now I would be saying that 166 00:08:00,200 --> 00:08:03,280 Speaker 4: at the very start of a relationship, like communicating upfront 167 00:08:03,320 --> 00:08:07,040 Speaker 4: about finances. So we decided that I would pay our 168 00:08:07,080 --> 00:08:08,960 Speaker 4: rent when we moved in together. I'd pay the rent, 169 00:08:09,000 --> 00:08:11,160 Speaker 4: I'd pay the utilities, and he just worked on paying 170 00:08:11,160 --> 00:08:11,720 Speaker 4: down the debt. 171 00:08:12,040 --> 00:08:13,400 Speaker 1: Okay, do you know what. 172 00:08:13,520 --> 00:08:15,320 Speaker 3: I think that a lot of people will go, what 173 00:08:15,400 --> 00:08:18,720 Speaker 3: the hell were you doing? Money, diarist, But if you're 174 00:08:18,920 --> 00:08:21,480 Speaker 3: reconnecting with somebody and you're like, I see future with 175 00:08:21,520 --> 00:08:23,760 Speaker 3: this person, you obviously trusted them enough to have an 176 00:08:23,840 --> 00:08:26,960 Speaker 3: actual child with them. I'm assuming that when that decision 177 00:08:27,080 --> 00:08:29,200 Speaker 3: was made, it was because you were going to be 178 00:08:29,240 --> 00:08:32,079 Speaker 3: life partners, not because you were going to, you know, 179 00:08:32,280 --> 00:08:35,080 Speaker 3: just let this man freeload off you, right exactly. 180 00:08:35,360 --> 00:08:37,679 Speaker 1: Yeah, So what happened next We. 181 00:08:37,679 --> 00:08:42,160 Speaker 4: Rented two separate places together, and then we ended up 182 00:08:42,280 --> 00:08:45,920 Speaker 4: deciding when my daughter was three months old, that we 183 00:08:45,960 --> 00:08:49,079 Speaker 4: would move back in with my parents because building and 184 00:08:49,120 --> 00:08:51,920 Speaker 4: paying rent was just going to be an absolute fortune yep. 185 00:08:52,200 --> 00:08:54,720 Speaker 4: Because the block of land was also quite expensive. 186 00:08:54,960 --> 00:08:55,200 Speaker 3: Yep. 187 00:08:55,520 --> 00:08:59,000 Speaker 4: And then COVID happened and the building process slowed down, 188 00:08:59,200 --> 00:09:01,200 Speaker 4: so instead of being there for one year, we were 189 00:09:01,200 --> 00:09:04,400 Speaker 4: there for three. It was very trying, but we both 190 00:09:04,440 --> 00:09:07,800 Speaker 4: had jobs where he could leave the house. I think 191 00:09:07,800 --> 00:09:09,600 Speaker 4: he probably would have ventured a lot sooner if he 192 00:09:09,640 --> 00:09:10,959 Speaker 4: wasn't able to leave the house. 193 00:09:11,120 --> 00:09:11,360 Speaker 1: Yep. 194 00:09:11,440 --> 00:09:14,360 Speaker 4: Fair being with the endless. Yeah, but I get on 195 00:09:14,440 --> 00:09:16,559 Speaker 4: with my parents really well, and it's great having a 196 00:09:16,600 --> 00:09:22,320 Speaker 4: support network takes a village. Yeah, and then we moved 197 00:09:22,360 --> 00:09:26,199 Speaker 4: into our place in November twenty twenty two, and then 198 00:09:26,240 --> 00:09:29,560 Speaker 4: we were in here for about six months, and Yeah, 199 00:09:29,679 --> 00:09:32,760 Speaker 4: it got to like May, and she said that he 200 00:09:33,240 --> 00:09:36,959 Speaker 4: wanted a divorce and there was no talking about it. 201 00:09:37,160 --> 00:09:40,200 Speaker 4: I go into a marriage believing that you tried to 202 00:09:40,240 --> 00:09:42,719 Speaker 4: make it work, like you might go to therapy or 203 00:09:42,840 --> 00:09:45,240 Speaker 4: like you hash it out. So I was a bit 204 00:09:46,559 --> 00:09:47,480 Speaker 4: taken aback by that. 205 00:09:47,559 --> 00:09:50,640 Speaker 3: Obviously, did you know the whole circumstance, like as to 206 00:09:50,679 --> 00:09:53,040 Speaker 3: why he was no okay? So that would have taken 207 00:09:53,080 --> 00:09:56,439 Speaker 3: you even more by I guess chance you would have 208 00:09:56,480 --> 00:09:58,360 Speaker 3: been like, well, what the hell, like, can't we work 209 00:09:58,400 --> 00:09:58,640 Speaker 3: on this? 210 00:09:58,760 --> 00:10:00,880 Speaker 1: And he in the backgrounds like, no, I have a 211 00:10:00,920 --> 00:10:01,960 Speaker 1: new family. 212 00:10:03,160 --> 00:10:05,800 Speaker 4: Prest too much. It was like total blindsight. 213 00:10:05,920 --> 00:10:08,199 Speaker 1: Oh my gosh, I'm so sorry, my whole heart. 214 00:10:08,640 --> 00:10:11,240 Speaker 4: Oh oh look, I'm so happy now. 215 00:10:11,320 --> 00:10:14,240 Speaker 3: Oh yeah he's out, he's canceled. We don't care about 216 00:10:14,240 --> 00:10:16,640 Speaker 3: this man, No, absolutely not. How did you then find 217 00:10:16,640 --> 00:10:18,120 Speaker 3: out somebody else was involved? 218 00:10:18,880 --> 00:10:22,679 Speaker 4: So it was fun. There are a few different things. 219 00:10:22,720 --> 00:10:25,640 Speaker 4: So he actually brought her up to me because we 220 00:10:25,640 --> 00:10:28,560 Speaker 4: were cohabitating still. Yeah, for I think it was like 221 00:10:28,559 --> 00:10:31,480 Speaker 4: two months after Yeah, because the first reason he'd given 222 00:10:31,640 --> 00:10:34,320 Speaker 4: was just that he was finding himself. He hadn't felt 223 00:10:34,320 --> 00:10:37,000 Speaker 4: like himself since he was twelve. I was like, okay, 224 00:10:37,000 --> 00:10:39,720 Speaker 4: that's news to me. He'd had depression, but he hadn't 225 00:10:39,720 --> 00:10:42,640 Speaker 4: medicated for it, and he just started taking these tablets 226 00:10:42,640 --> 00:10:44,959 Speaker 4: and said, you know what, I've started taking the tablets 227 00:10:45,000 --> 00:10:48,360 Speaker 4: and now I feel nothing for you. I was like, wow, okay, 228 00:10:48,440 --> 00:10:50,400 Speaker 4: well how about we go back to the doctor and. 229 00:10:50,400 --> 00:10:53,920 Speaker 1: We talked to our doctor because that's not normal, right. 230 00:10:53,880 --> 00:10:56,079 Speaker 4: Yeah, let's not give up on a marriage. 231 00:10:56,559 --> 00:10:56,880 Speaker 3: Yeah. 232 00:10:56,920 --> 00:10:59,719 Speaker 4: And then a couple of weeks later he mentioned her 233 00:11:00,520 --> 00:11:05,880 Speaker 4: and okay, that sounds really soon, and yeah, it wasn't great. 234 00:11:06,040 --> 00:11:09,000 Speaker 4: He was basically going to her house on the weekends, 235 00:11:09,080 --> 00:11:11,320 Speaker 4: and then because his car was broken, he was parking 236 00:11:11,360 --> 00:11:13,120 Speaker 4: her car out the front of her house because she 237 00:11:13,160 --> 00:11:15,320 Speaker 4: had two vehicles so he could use one of hers, 238 00:11:16,200 --> 00:11:18,480 Speaker 4: and I was just like, you need to leave this house, 239 00:11:18,520 --> 00:11:21,040 Speaker 4: like this is toxic. We were really good in front 240 00:11:21,080 --> 00:11:23,320 Speaker 4: of our daughter, like yeah, there was no swearing, carrying 241 00:11:23,320 --> 00:11:26,559 Speaker 4: on or anything, but it hurt a lot. Like every 242 00:11:26,600 --> 00:11:29,280 Speaker 4: time to see her car out the front of our house, 243 00:11:29,360 --> 00:11:32,000 Speaker 4: I was like, how is this happening? It was really surreal. 244 00:11:32,720 --> 00:11:35,920 Speaker 1: That's wild. What a douchebag. 245 00:11:36,320 --> 00:11:39,280 Speaker 3: Yeah, I'm so glad you're out of that circumstance. You 246 00:11:39,360 --> 00:11:41,720 Speaker 3: deserve so much better. But it blows my mind, like 247 00:11:41,760 --> 00:11:46,440 Speaker 3: the male audacity, like I've supported you, like I've gotten 248 00:11:46,520 --> 00:11:48,600 Speaker 3: you out of debt, Like he's probably still in debt. 249 00:11:48,640 --> 00:11:50,520 Speaker 1: Let's be honest, because I know he is. 250 00:11:50,720 --> 00:11:53,199 Speaker 3: Yeah, there you go exactly, Like do you know what, 251 00:11:53,640 --> 00:11:57,320 Speaker 3: He's one of the few people that deserves it. Yeah, 252 00:11:58,040 --> 00:12:00,240 Speaker 3: my monkey is all right, tell me a little bit 253 00:12:00,280 --> 00:12:02,280 Speaker 3: more about you, less about him. I want to know 254 00:12:02,720 --> 00:12:04,520 Speaker 3: what do you do for work? How much money do 255 00:12:04,559 --> 00:12:05,920 Speaker 3: you earn? Yeah? 256 00:12:05,960 --> 00:12:09,559 Speaker 4: So I am a Grade five teacher and I earned 257 00:12:09,760 --> 00:12:13,240 Speaker 4: just under one hundred and fourteen K a year, including super. 258 00:12:13,280 --> 00:12:14,360 Speaker 1: Oh that's good. 259 00:12:14,720 --> 00:12:18,240 Speaker 4: Yeah, I've been teaching for ten years, so yeap deserved. 260 00:12:18,640 --> 00:12:22,000 Speaker 4: And I started renting out the house on Airbnb. So 261 00:12:22,200 --> 00:12:25,120 Speaker 4: I've made about thirty five k on Airbnb and then 262 00:12:25,280 --> 00:12:27,440 Speaker 4: the rest of the other four grand was made up 263 00:12:27,440 --> 00:12:29,640 Speaker 4: from booking dot Com, which I decided to also do. 264 00:12:29,960 --> 00:12:31,800 Speaker 1: Yeah, go hard to go home. I love you. 265 00:12:31,920 --> 00:12:32,800 Speaker 4: Yeah, that's it. 266 00:12:33,120 --> 00:12:34,200 Speaker 1: Tell me a bit about that. 267 00:12:34,120 --> 00:12:38,000 Speaker 3: Though, because I'm interested in just understanding how airbnb works, 268 00:12:38,000 --> 00:12:39,600 Speaker 3: because I feel like in the media at the moment, 269 00:12:39,679 --> 00:12:41,679 Speaker 3: especially over the last few weeks, and I know you're 270 00:12:41,720 --> 00:12:44,720 Speaker 3: in Victoria, but we've been talking a lot about this 271 00:12:45,200 --> 00:12:48,480 Speaker 3: introduction of the seven and a half percent airbnb tax. 272 00:12:49,080 --> 00:12:51,880 Speaker 1: What are your takes on that? How does that all work? 273 00:12:52,360 --> 00:12:56,240 Speaker 4: It definitely makes an impact. Like already I'm paying tax 274 00:12:56,240 --> 00:12:58,560 Speaker 4: for the first time this year. Normally you get tax back. 275 00:12:58,679 --> 00:13:01,880 Speaker 4: That's not chance for me out all this here and 276 00:13:01,960 --> 00:13:05,560 Speaker 4: having that extra seven point five percent with it come in, 277 00:13:05,840 --> 00:13:09,000 Speaker 4: it's probably not looking viable to keep going with it. 278 00:13:09,080 --> 00:13:12,440 Speaker 4: To be honest, I would rather either sell the house 279 00:13:12,679 --> 00:13:15,680 Speaker 4: or rent it out permanently because it is like having 280 00:13:15,679 --> 00:13:17,680 Speaker 4: two jobs, Like because I clean up myself. 281 00:13:18,040 --> 00:13:21,280 Speaker 3: Yeah, there you go package. So I want to ask 282 00:13:21,320 --> 00:13:24,400 Speaker 3: a bit more about it. Because this Airbnb tax of 283 00:13:24,440 --> 00:13:27,000 Speaker 3: seven and a half percent is being introduced in the 284 00:13:27,040 --> 00:13:30,360 Speaker 3: hopes that it will free up more long term rentals 285 00:13:30,360 --> 00:13:34,200 Speaker 3: from short term rentals. What does that actually look like 286 00:13:34,559 --> 00:13:36,600 Speaker 3: for you? Would this mean that you can afford to 287 00:13:36,640 --> 00:13:38,920 Speaker 3: rent it out to people at a reasonable amount or 288 00:13:39,040 --> 00:13:40,760 Speaker 3: you know you mentioned before. I think I might have 289 00:13:40,840 --> 00:13:44,400 Speaker 3: to sell it like that defeats the purpose from my perspective. 290 00:13:45,320 --> 00:13:48,240 Speaker 4: I have a high mortgage. I would rather be able 291 00:13:48,280 --> 00:13:50,520 Speaker 4: to save a lot more, and I know that I 292 00:13:50,600 --> 00:13:54,280 Speaker 4: won't be able to meet the mortgage with just the 293 00:13:54,320 --> 00:13:56,120 Speaker 4: rental income. That's not going to happen. 294 00:13:56,480 --> 00:13:57,400 Speaker 1: No, absolutely not. 295 00:13:57,840 --> 00:14:02,760 Speaker 4: Yeah, exactly, So I think it's a bit tricky. Obviously, 296 00:14:02,760 --> 00:14:05,760 Speaker 4: you can't time the market. So I will either rent 297 00:14:05,800 --> 00:14:10,040 Speaker 4: it out for twelve fourteen months and then see what 298 00:14:10,080 --> 00:14:13,040 Speaker 4: the market's like, maybe rented out for another year, or 299 00:14:13,080 --> 00:14:15,560 Speaker 4: I'll try and list it. I haven't decided yet, but 300 00:14:15,640 --> 00:14:18,920 Speaker 4: I'm going to make the final call, probably December or January. 301 00:14:19,040 --> 00:14:21,800 Speaker 3: Yeah, that's fair. Anyway, let's move on from that. I 302 00:14:21,800 --> 00:14:24,400 Speaker 3: feel like that's really exciting. You've bought a house, like 303 00:14:24,440 --> 00:14:26,320 Speaker 3: you still own a house, but what's your big money goal? 304 00:14:26,360 --> 00:14:27,840 Speaker 3: What are you currently working towards? 305 00:14:28,160 --> 00:14:30,320 Speaker 4: Big money goal at the moment is to actually get 306 00:14:30,320 --> 00:14:32,480 Speaker 4: my mortgage to start with a seven, not an eight. 307 00:14:32,760 --> 00:14:35,160 Speaker 1: Yep, that feels nice. That will take some pressure off. 308 00:14:35,720 --> 00:14:38,720 Speaker 4: Well, I'm very close to doing that now it's sitting 309 00:14:38,720 --> 00:14:41,640 Speaker 4: at eight hundred and six. But then you obviously get 310 00:14:41,680 --> 00:14:44,040 Speaker 4: the mortgage interest payments and then it's like, oh and 311 00:14:44,080 --> 00:14:47,840 Speaker 4: now we're back to eight ten. Yeah, but that's one 312 00:14:47,840 --> 00:14:50,040 Speaker 4: of my big money goals. And then next would be 313 00:14:50,200 --> 00:14:53,120 Speaker 4: investing more. I've started to, but I want to get 314 00:14:53,160 --> 00:14:54,480 Speaker 4: into it a lot more than I am and do 315 00:14:54,520 --> 00:14:55,200 Speaker 4: it consistently. 316 00:14:55,520 --> 00:14:56,400 Speaker 1: What would that look like? 317 00:14:56,560 --> 00:14:59,280 Speaker 4: So at the moment, I have some automatic payments set up, 318 00:14:59,800 --> 00:15:03,560 Speaker 4: I don't have them for investing. So my treats to 319 00:15:03,600 --> 00:15:08,120 Speaker 4: myself when our financial agreement was all done was two 320 00:15:08,160 --> 00:15:09,560 Speaker 4: bioshares in my own name. 321 00:15:10,240 --> 00:15:12,760 Speaker 1: So I did that, Koween. How did you buy those? 322 00:15:13,160 --> 00:15:16,240 Speaker 4: I did it through IBKR, it's interactive brokers. 323 00:15:16,320 --> 00:15:16,600 Speaker 1: Yeah. 324 00:15:16,960 --> 00:15:20,120 Speaker 4: I got onto them through my brother, who's obsessed with 325 00:15:20,240 --> 00:15:22,800 Speaker 4: Tesla and investing and things like that. 326 00:15:22,920 --> 00:15:24,680 Speaker 1: Helpful person to have in your life. 327 00:15:24,960 --> 00:15:28,600 Speaker 4: Yeah, he's good with economics and everything. So I went 328 00:15:28,640 --> 00:15:31,120 Speaker 4: to him for advice on that one. And also I 329 00:15:31,120 --> 00:15:33,560 Speaker 4: don't know, like the last twelve months has been a 330 00:15:33,640 --> 00:15:34,600 Speaker 4: roller coaster and. 331 00:15:34,640 --> 00:15:36,080 Speaker 1: Actually understandably so. 332 00:15:36,480 --> 00:15:39,840 Speaker 4: Yeah, paying the lawyer fees which actually went as higher 333 00:15:39,960 --> 00:15:43,320 Speaker 4: compared to other stories I've heard, yeah, recently. But getting 334 00:15:43,520 --> 00:15:47,360 Speaker 4: the house in my name was a very stressful event. 335 00:15:47,720 --> 00:15:50,720 Speaker 4: I was very lucky my dad actually helped me with that. 336 00:15:51,680 --> 00:15:53,880 Speaker 4: So my ex and I came to an agreement. He 337 00:15:53,920 --> 00:15:56,240 Speaker 4: wanted one hundred grand to get out of the property, 338 00:15:56,800 --> 00:15:59,640 Speaker 4: and I obviously didn't have a fare hundred grand in 339 00:15:59,680 --> 00:16:04,600 Speaker 4: my back pockets. So my dad gifted me fifty grand, 340 00:16:05,120 --> 00:16:07,440 Speaker 4: which I know is total privileged. 341 00:16:07,080 --> 00:16:09,920 Speaker 1: Yeah, but also like I'm so glad you had access 342 00:16:10,000 --> 00:16:10,320 Speaker 1: to that. 343 00:16:10,920 --> 00:16:13,520 Speaker 4: Yeah, And the other fifty grand was made up of 344 00:16:13,960 --> 00:16:16,680 Speaker 4: basically he never has to pay child support ever. Again, 345 00:16:16,840 --> 00:16:19,600 Speaker 4: like we looked at wages and I know, like the 346 00:16:19,600 --> 00:16:24,120 Speaker 4: assessments changed constantly, but him owning his own small business, 347 00:16:24,440 --> 00:16:26,200 Speaker 4: it was going to be hard to chase him up 348 00:16:26,200 --> 00:16:27,720 Speaker 4: for payments regardless. 349 00:16:27,800 --> 00:16:30,080 Speaker 3: I'm just being judgy because I don't like what he's 350 00:16:30,120 --> 00:16:33,080 Speaker 3: done to you, Like, sorry, your money, darst. 351 00:16:33,120 --> 00:16:36,240 Speaker 1: We're basically best. He's now dirty. I hate him. He's 352 00:16:36,240 --> 00:16:38,440 Speaker 1: cut he's done. No, you don't deserve this. 353 00:16:38,760 --> 00:16:40,920 Speaker 4: Yeah, And basically I got the house put in my 354 00:16:41,000 --> 00:16:43,800 Speaker 4: name a week before interest rates went up, and it 355 00:16:43,960 --> 00:16:48,000 Speaker 4: was the timing was insane, like I wouldn't have been 356 00:16:48,040 --> 00:16:49,200 Speaker 4: able to get across the line. 357 00:16:49,320 --> 00:16:51,440 Speaker 3: No, absolutely not like it got in. But also it 358 00:16:51,520 --> 00:16:53,200 Speaker 3: felt like a kick in the darts. But you also 359 00:16:53,240 --> 00:16:55,080 Speaker 3: wouldn't have got it put into your name if it 360 00:16:55,120 --> 00:16:56,680 Speaker 3: hadn't happened at that point in time. 361 00:16:57,280 --> 00:16:58,920 Speaker 1: The world is a funny place to live. 362 00:16:59,440 --> 00:17:01,280 Speaker 4: Yeah, it was ents. 363 00:17:01,480 --> 00:17:02,040 Speaker 1: Oh my gosh. 364 00:17:02,080 --> 00:17:03,760 Speaker 3: All right, well let's go to a really quick break 365 00:17:03,760 --> 00:17:05,760 Speaker 3: because on the flip side, I actually want to ask 366 00:17:05,800 --> 00:17:08,240 Speaker 3: you a few more questions about IBK and how you're 367 00:17:08,280 --> 00:17:10,800 Speaker 3: investing and what the future of that looks like. Don't 368 00:17:10,800 --> 00:17:18,480 Speaker 3: go anywhere, guys. All right, money diarist, we are back, 369 00:17:18,520 --> 00:17:21,480 Speaker 3: and I want to talk more about investments less about 370 00:17:21,800 --> 00:17:26,280 Speaker 3: your Dogyx. Although I feel like it's interesting when we 371 00:17:26,359 --> 00:17:28,960 Speaker 3: have these conversations, especially because it's so fresh, like it's 372 00:17:29,040 --> 00:17:32,520 Speaker 3: so part of your money conversation and your money story, 373 00:17:32,560 --> 00:17:34,680 Speaker 3: and I really want to, you know, even ask more 374 00:17:34,680 --> 00:17:36,919 Speaker 3: about this child support stuff you mentioned before. 375 00:17:37,000 --> 00:17:39,320 Speaker 1: But let's go with investments. First. 376 00:17:39,440 --> 00:17:44,760 Speaker 3: You mentioned you're investing with IBKR. What amount did you invest? 377 00:17:44,920 --> 00:17:48,480 Speaker 3: What's the plan there? You mentioned you don't have anything automated, Like, 378 00:17:48,760 --> 00:17:51,119 Speaker 3: at what point will you do that? Because it sounds 379 00:17:51,160 --> 00:17:55,520 Speaker 3: like you're probably doing absolutely fine, but given the Airbnb 380 00:17:55,720 --> 00:17:59,040 Speaker 3: tax and your tax is coming up soon and interest rates, 381 00:17:59,040 --> 00:18:01,560 Speaker 3: I'm assuming like money isn't the easiest thing in the 382 00:18:01,680 --> 00:18:03,280 Speaker 3: entire world right now, and it's a bit of a 383 00:18:03,359 --> 00:18:04,080 Speaker 3: juggling act. 384 00:18:04,280 --> 00:18:07,520 Speaker 4: One hundred percent. Yeah, and I feel like I knew 385 00:18:07,520 --> 00:18:09,680 Speaker 4: that i'd be paying tax, but at the same time, 386 00:18:10,320 --> 00:18:13,440 Speaker 4: I don't think I put enough away, And so at 387 00:18:13,440 --> 00:18:15,960 Speaker 4: the moment, I'm actually using one of your money hacks, 388 00:18:16,040 --> 00:18:19,800 Speaker 4: the ten K save up one oh adore to make 389 00:18:19,840 --> 00:18:21,879 Speaker 4: sure I've got that sitting there. Four taps. 390 00:18:21,960 --> 00:18:24,720 Speaker 3: I need to rebrand them so they're even fancier for 391 00:18:24,760 --> 00:18:26,720 Speaker 3: your fridge as they're great. 392 00:18:27,320 --> 00:18:30,560 Speaker 4: So the first thing I wanted to do was literally 393 00:18:30,880 --> 00:18:35,320 Speaker 4: specifically by Tesla shares. So I have four of those, 394 00:18:35,600 --> 00:18:39,439 Speaker 4: and I have four shares in AMD as well. So 395 00:18:39,560 --> 00:18:41,960 Speaker 4: at the moment, it's sitting at two point five k 396 00:18:42,680 --> 00:18:45,320 Speaker 4: in investments. I used to look at it every single day. 397 00:18:45,480 --> 00:18:48,040 Speaker 4: Right now I don't listening to the podcast. I'm just 398 00:18:48,080 --> 00:18:50,080 Speaker 4: like no, let it sit there. It's fine. It's not 399 00:18:50,119 --> 00:18:53,080 Speaker 4: a loss unless you've sold for a loss. Yeah, but 400 00:18:53,160 --> 00:18:54,720 Speaker 4: I think I would like to automate it so that 401 00:18:54,840 --> 00:18:57,560 Speaker 4: pretty much every pay cycle some of it's going into 402 00:18:57,600 --> 00:19:00,000 Speaker 4: that platform, so that I can invest it straight away. 403 00:19:00,040 --> 00:19:03,600 Speaker 4: And I want to diversify it more and look into ETFs. 404 00:19:03,720 --> 00:19:04,440 Speaker 4: That would be a goal. 405 00:19:04,880 --> 00:19:09,600 Speaker 3: Now you mentioned you're invested in AMD. Is that on 406 00:19:09,640 --> 00:19:13,240 Speaker 3: the Australian Stock Exchange or is that an American stock exchange? 407 00:19:13,600 --> 00:19:14,480 Speaker 4: Americansges? 408 00:19:14,480 --> 00:19:16,800 Speaker 3: Okay, So tell me what AMD is because here in 409 00:19:16,840 --> 00:19:21,400 Speaker 3: Australia AMD is Arrow Minerals and I'm very confused as 410 00:19:21,400 --> 00:19:24,359 Speaker 3: to why you would buy Arrow Minerals and Tesla, Like 411 00:19:24,560 --> 00:19:27,920 Speaker 3: those ethics aren't ethicching for me right now? I was like, no, 412 00:19:28,080 --> 00:19:30,680 Speaker 3: that doesn't make sense, Like that story doesn't check out. 413 00:19:30,720 --> 00:19:33,119 Speaker 3: I'm pretty sure AMD is something else. 414 00:19:33,560 --> 00:19:37,120 Speaker 4: No, AMD is different. My brother got me into it. 415 00:19:37,640 --> 00:19:41,240 Speaker 4: He'd already made like twenty k and AMD shays and 416 00:19:41,280 --> 00:19:43,680 Speaker 4: that helped him to put a deposit on his first property. 417 00:19:44,160 --> 00:19:47,440 Speaker 4: I don't actually know much about them. It's like microchips, 418 00:19:47,480 --> 00:19:48,879 Speaker 4: like computer chips and things. 419 00:19:49,160 --> 00:19:51,399 Speaker 3: Yeah, yeah, yeah, I've looked it up. It's advanced micro 420 00:19:51,520 --> 00:19:54,840 Speaker 3: devices and they do a lot of quote cutting edge 421 00:19:54,920 --> 00:20:00,840 Speaker 3: AI data centers, business computing solutions, and gaming with AMD processes. 422 00:20:01,240 --> 00:20:02,200 Speaker 4: Yes, that's it. 423 00:20:02,320 --> 00:20:03,960 Speaker 1: That's why I love that, and I love that. 424 00:20:04,200 --> 00:20:06,480 Speaker 3: I guess you've got someone in on that that's probably 425 00:20:06,480 --> 00:20:08,320 Speaker 3: done all of the research into flow. 426 00:20:08,200 --> 00:20:10,000 Speaker 1: And you're like, you know what, I would just ride 427 00:20:10,000 --> 00:20:12,679 Speaker 1: this wave with you. I trust you. This makes sense. 428 00:20:13,000 --> 00:20:15,840 Speaker 4: Yeah, the amount of spreadsheets my brother has is crazy. 429 00:20:16,040 --> 00:20:17,240 Speaker 1: I've probably got along with him. 430 00:20:17,280 --> 00:20:19,680 Speaker 3: He sounds like a good boy if he likes spreadsheets 431 00:20:19,720 --> 00:20:22,000 Speaker 3: ten out of ten. I want to talk about debt. 432 00:20:22,040 --> 00:20:25,320 Speaker 3: You mentioned before that your mortgage starts with an eighth rite. 433 00:20:25,400 --> 00:20:28,119 Speaker 3: Now you drop to the number like eight ten, you 434 00:20:28,160 --> 00:20:30,560 Speaker 3: want to get it down to seven hundred. But can 435 00:20:30,600 --> 00:20:32,520 Speaker 3: you give me a little bit more info? One, do 436 00:20:32,560 --> 00:20:33,560 Speaker 3: you have any other debts? 437 00:20:33,600 --> 00:20:35,840 Speaker 1: But two? What's your house worth? 438 00:20:36,000 --> 00:20:36,080 Speaker 4: Like? 439 00:20:36,160 --> 00:20:38,359 Speaker 3: When did you purchase it? All of the nitty gritty 440 00:20:38,440 --> 00:20:40,160 Speaker 3: so we can understand where it's standing. 441 00:20:40,600 --> 00:20:44,120 Speaker 4: Yeah, so at the moment, it's valued at one point two. 442 00:20:44,480 --> 00:20:47,400 Speaker 1: Oh nice for some Yeah. 443 00:20:47,160 --> 00:20:50,480 Speaker 4: I think realistically it's more like one to one point one. 444 00:20:51,200 --> 00:20:53,479 Speaker 4: But it's nice because, yeah, then you've got the equity 445 00:20:53,520 --> 00:20:55,560 Speaker 4: if you need it. But yeah, at the moment, it's 446 00:20:55,600 --> 00:20:56,800 Speaker 4: eight hundred and six. 447 00:20:56,680 --> 00:20:57,440 Speaker 1: Owing on it. 448 00:20:58,000 --> 00:21:00,800 Speaker 4: So my mortgage is about four and a half a month, 449 00:21:01,320 --> 00:21:02,080 Speaker 4: which is a lot. 450 00:21:03,040 --> 00:21:05,800 Speaker 3: Yes, that is a lot, but I mean you're sitting 451 00:21:05,840 --> 00:21:09,440 Speaker 3: on what nearly four hundred thousand dollars worth of equity, 452 00:21:09,520 --> 00:21:10,959 Speaker 3: so that is nice. 453 00:21:11,520 --> 00:21:12,480 Speaker 4: Yeah, not too shabby. 454 00:21:12,720 --> 00:21:15,840 Speaker 1: How does fitting that mortgage repayment into your salary go? 455 00:21:16,320 --> 00:21:16,920 Speaker 1: Is it tied? 456 00:21:17,119 --> 00:21:19,280 Speaker 3: Is it something that you're like, yep, that works? Like 457 00:21:19,600 --> 00:21:21,160 Speaker 3: what's that looking like at the moment? 458 00:21:21,320 --> 00:21:23,879 Speaker 4: Yeah, it's not tight, but it's it's not as good 459 00:21:23,920 --> 00:21:26,480 Speaker 4: as it was last year based on all the rate increases. 460 00:21:27,200 --> 00:21:31,720 Speaker 4: So I pay fortnightly. I get paid fortnightly as well, 461 00:21:31,760 --> 00:21:33,919 Speaker 4: so it just comes out then I don't see it, 462 00:21:33,960 --> 00:21:37,400 Speaker 4: and I'm left with about nine hundred the next day 463 00:21:37,600 --> 00:21:40,760 Speaker 4: after my mortgage comes out. Yeah, and then obviously I'm 464 00:21:40,800 --> 00:21:44,679 Speaker 4: also paying the bills for the house, and I contribute 465 00:21:44,720 --> 00:21:48,920 Speaker 4: a third towards bills at my parents' house, so there's 466 00:21:48,960 --> 00:21:51,120 Speaker 4: always bills coming in. Yeah. 467 00:21:51,200 --> 00:21:53,560 Speaker 1: Do you have any other personal debt? 468 00:21:53,920 --> 00:21:54,720 Speaker 4: No? None. 469 00:21:54,960 --> 00:21:57,920 Speaker 3: Before the break you said, hey, I let my ex 470 00:21:58,040 --> 00:22:01,879 Speaker 3: partner Douche canoe boy, have you know the fifty grand? 471 00:22:01,920 --> 00:22:04,760 Speaker 3: And now he doesn't have to pay child support. How's 472 00:22:04,840 --> 00:22:08,720 Speaker 3: that playing into effect? Like is that good financial decision? 473 00:22:08,760 --> 00:22:11,359 Speaker 3: Is it a bad financial decision? Like is it something 474 00:22:11,359 --> 00:22:13,159 Speaker 3: that you're like, I don't care, I just want to 475 00:22:13,160 --> 00:22:15,320 Speaker 3: get rid of him. But what does that look like? 476 00:22:15,840 --> 00:22:19,800 Speaker 4: Basically, while she's at kindy still, he will contribute a 477 00:22:19,840 --> 00:22:23,080 Speaker 4: third of her kindy costs, So he contributes about two 478 00:22:23,160 --> 00:22:26,440 Speaker 4: hundred dollars a month for those That's nice. 479 00:22:26,520 --> 00:22:28,640 Speaker 3: I didn't realize children were so cheap, Like, I'm having 480 00:22:28,680 --> 00:22:30,359 Speaker 3: one soon. If it's only going to cost me what 481 00:22:30,520 --> 00:22:33,040 Speaker 3: like six hundred dollars a month and money win, Like, 482 00:22:33,160 --> 00:22:33,880 Speaker 3: that's a good deal. 483 00:22:34,640 --> 00:22:35,199 Speaker 1: She goes like. 484 00:22:35,200 --> 00:22:37,640 Speaker 4: Three days a week and we've got family that help 485 00:22:37,840 --> 00:22:40,560 Speaker 4: on other days, which is great. And when you've got 486 00:22:40,600 --> 00:22:43,560 Speaker 4: the government childcare subsidy as well, it cuts it down. 487 00:22:43,640 --> 00:22:45,680 Speaker 4: So but then once she starts school next to you, 488 00:22:45,800 --> 00:22:49,600 Speaker 4: that will stop. And basically we just agreed that, like 489 00:22:49,640 --> 00:22:53,600 Speaker 4: if there's huge medical costs or anything like the excursions 490 00:22:53,640 --> 00:22:56,399 Speaker 4: or camps, we will go fifty to fifty yep. But 491 00:22:56,560 --> 00:22:59,480 Speaker 4: besides that, Yeah, he doesn't have to pay any child's port. 492 00:23:00,080 --> 00:23:01,800 Speaker 4: I got the house up at the end of the day. 493 00:23:01,680 --> 00:23:04,080 Speaker 3: I'm not You're like, I am actually the winner here 494 00:23:04,119 --> 00:23:07,320 Speaker 3: because there's a cheeky nearly four hundred thousand dollars worth 495 00:23:07,320 --> 00:23:09,560 Speaker 3: of equity in there, and that cost you one hundred grand, 496 00:23:09,640 --> 00:23:13,000 Speaker 3: So like that's a money win. Is that also because 497 00:23:13,040 --> 00:23:15,639 Speaker 3: he earns a different amount like you said earlier in 498 00:23:15,680 --> 00:23:18,640 Speaker 3: the episode, you're one hundred and fourteen k including souper, 499 00:23:19,280 --> 00:23:22,120 Speaker 3: Is he earning a similar amount or less or what 500 00:23:22,200 --> 00:23:24,840 Speaker 3: does that look like to make that make sense. 501 00:23:25,359 --> 00:23:28,159 Speaker 4: I don't know what his finances look like now, Like 502 00:23:28,359 --> 00:23:31,159 Speaker 4: I do get the assessment but comes back, but I 503 00:23:31,160 --> 00:23:34,320 Speaker 4: don't know how accurate that assessment actually is because he's 504 00:23:34,320 --> 00:23:36,639 Speaker 4: not one to do his taxes right on time or anything. 505 00:23:37,320 --> 00:23:38,760 Speaker 1: Yeah tooke, I love this. 506 00:23:38,920 --> 00:23:44,119 Speaker 3: Yeah, turn out of ten red flag, red flag, crimson flag. 507 00:23:44,160 --> 00:23:45,320 Speaker 1: There's multiple of them. 508 00:23:45,560 --> 00:23:47,640 Speaker 3: I thought it meant that there was a party, so 509 00:23:47,920 --> 00:23:49,040 Speaker 3: I was interested. 510 00:23:49,720 --> 00:23:51,440 Speaker 1: So many flags, so much fun. 511 00:23:51,720 --> 00:23:55,560 Speaker 4: Yeah, he was earning about ninety K when we were together, 512 00:23:55,680 --> 00:23:58,000 Speaker 4: and then he gave his job in wanted to work 513 00:23:58,040 --> 00:24:00,960 Speaker 4: full time, be his own boss, so that went right 514 00:24:01,000 --> 00:24:04,720 Speaker 4: down to forty grand straight away. And it was going 515 00:24:04,760 --> 00:24:07,480 Speaker 4: to be very tight, like I think I heard from 516 00:24:07,520 --> 00:24:09,560 Speaker 4: child support, and it was going to be basically sixty 517 00:24:09,600 --> 00:24:10,280 Speaker 4: dollars a week. 518 00:24:10,480 --> 00:24:12,800 Speaker 1: Yeah, okay, not worth it. I'll take the house, thank you. 519 00:24:12,880 --> 00:24:13,560 Speaker 1: Yeah exactly. 520 00:24:13,720 --> 00:24:17,520 Speaker 4: I was like, you're kidding, And that ended up literally 521 00:24:17,560 --> 00:24:19,919 Speaker 4: just being shy of fifty grand until she's eighteen. 522 00:24:20,200 --> 00:24:21,480 Speaker 1: Yeah, okay, that's fair. 523 00:24:21,520 --> 00:24:24,639 Speaker 3: And when it comes to I guess actual childcare, do 524 00:24:24,720 --> 00:24:27,320 Speaker 3: you have her fifty to fifty or is that more 525 00:24:27,480 --> 00:24:28,720 Speaker 3: your primary care giver? 526 00:24:28,840 --> 00:24:31,280 Speaker 4: Because of that, I am the primary care giver. 527 00:24:31,400 --> 00:24:33,439 Speaker 1: I'm not surprised to his credit. 528 00:24:33,520 --> 00:24:36,919 Speaker 4: I think he's actually been a better father since the separation. 529 00:24:37,119 --> 00:24:39,080 Speaker 1: Yeah, because there's like not that many lies that you're 530 00:24:39,160 --> 00:24:39,960 Speaker 1: hiding now, sir. 531 00:24:41,760 --> 00:24:44,200 Speaker 4: Yeah, that was like the hardest part. When he said 532 00:24:44,200 --> 00:24:47,080 Speaker 4: he wanted a divorce. I was like, I can't see 533 00:24:47,119 --> 00:24:50,640 Speaker 4: my child fifty fifty No. Absolutely, then, yeah, especially when 534 00:24:50,720 --> 00:24:53,080 Speaker 4: like I know that I did like ninety five percent. 535 00:24:52,800 --> 00:24:54,320 Speaker 1: Of the work with her exactly. 536 00:24:54,560 --> 00:24:57,080 Speaker 4: He was totally fine to sign off on seventy five 537 00:24:57,119 --> 00:24:59,760 Speaker 4: percent for me and twenty five for him, And that 538 00:24:59,840 --> 00:25:02,400 Speaker 4: was when we were doing all the finances in the settlement. 539 00:25:02,760 --> 00:25:06,040 Speaker 4: And then he's wanted more time with her, yep, and 540 00:25:06,280 --> 00:25:08,760 Speaker 4: I don't want to keep her from him. We balance 541 00:25:08,800 --> 00:25:11,560 Speaker 4: it pretty good. He has her three nights one week, 542 00:25:11,680 --> 00:25:12,440 Speaker 4: two nights. 543 00:25:12,240 --> 00:25:15,040 Speaker 1: The following week. Okay, that seems like a good balance. 544 00:25:15,119 --> 00:25:17,760 Speaker 3: And to be honest, as a single mum, it might 545 00:25:17,840 --> 00:25:19,720 Speaker 3: be nice as much as we love our kids and 546 00:25:19,760 --> 00:25:21,439 Speaker 3: want them around all the time, like just having a 547 00:25:21,440 --> 00:25:24,320 Speaker 3: bit of breathing room might be a nice thing, right, Yeah. 548 00:25:24,119 --> 00:25:28,320 Speaker 4: It's true. My partner and I like, he's also got 549 00:25:28,320 --> 00:25:30,439 Speaker 4: a child, so we can match up the weekend. 550 00:25:30,520 --> 00:25:33,160 Speaker 1: It's weesome. Tell me, I want to be pervy. You've 551 00:25:33,160 --> 00:25:33,960 Speaker 1: got a new partner. 552 00:25:34,960 --> 00:25:37,840 Speaker 4: Yeah, it's still fairly new. We're five months in. 553 00:25:38,400 --> 00:25:40,280 Speaker 3: Yeah, but if you've got kids, I feel like people 554 00:25:40,320 --> 00:25:42,879 Speaker 3: with kids take things more seriously because they're like, I'm 555 00:25:42,920 --> 00:25:46,480 Speaker 3: not going to get kids involved unless this woman's legit. 556 00:25:46,840 --> 00:25:48,520 Speaker 1: So that's a good thing. 557 00:25:49,080 --> 00:25:50,560 Speaker 4: Yeah, just met her. 558 00:25:50,920 --> 00:25:53,199 Speaker 1: Oh, I'm so excited for you. All right. 559 00:25:53,240 --> 00:25:55,240 Speaker 3: I want to know, let's keep on with the episode. 560 00:25:55,280 --> 00:25:56,760 Speaker 3: I keep getting railroaded. 561 00:25:57,200 --> 00:25:59,840 Speaker 1: I want to know, what is your best money habit, 562 00:26:00,119 --> 00:26:01,040 Speaker 1: best money. 563 00:26:00,760 --> 00:26:04,040 Speaker 4: To have it? I would say using shot back has 564 00:26:04,080 --> 00:26:07,040 Speaker 4: saved me about four hundred and fifty dollars. 565 00:26:06,800 --> 00:26:08,040 Speaker 1: Four hundred and fifty bucks. 566 00:26:08,359 --> 00:26:12,560 Speaker 4: Yeah, like buying a mattress, and like the extra would 567 00:26:12,600 --> 00:26:14,399 Speaker 4: go from shot back and you're just like, Wow, Like 568 00:26:14,480 --> 00:26:17,760 Speaker 4: being purchases money has really helped. Yeah, but even like 569 00:26:17,800 --> 00:26:20,280 Speaker 4: the small ones as well, Like if I'm shopping at 570 00:26:20,320 --> 00:26:21,560 Speaker 4: the iconic the. 571 00:26:21,600 --> 00:26:23,720 Speaker 3: Dress I'm wearing today, I got so much cash back 572 00:26:23,760 --> 00:26:27,280 Speaker 3: on money in it was basically free. 573 00:26:26,840 --> 00:26:29,240 Speaker 4: And you should buy the voucher and then also get 574 00:26:29,280 --> 00:26:30,080 Speaker 4: shot back as well. 575 00:26:30,200 --> 00:26:31,240 Speaker 1: See, you're a genius. 576 00:26:32,480 --> 00:26:33,439 Speaker 4: I only last it from you. 577 00:26:35,119 --> 00:26:36,720 Speaker 1: That's why I'm calling your a genius. I'm like, who 578 00:26:36,760 --> 00:26:38,159 Speaker 1: would come up with that idea? 579 00:26:38,280 --> 00:26:38,480 Speaker 4: Wow? 580 00:26:38,720 --> 00:26:40,440 Speaker 1: Crazy exactly. 581 00:26:41,080 --> 00:26:43,080 Speaker 4: I also use like the seven eleven fuel. 582 00:26:42,880 --> 00:26:44,800 Speaker 3: App as Oh my gosh, I'm obsessed with the seven 583 00:26:44,840 --> 00:26:45,680 Speaker 3: eleven fuel app. 584 00:26:45,680 --> 00:26:47,200 Speaker 1: Do you like fuel lock or are you. 585 00:26:47,160 --> 00:26:49,760 Speaker 3: Looking at like the sandwich prices, because like the other 586 00:26:49,880 --> 00:26:52,000 Speaker 3: day they sent me a notification they were like, all 587 00:26:52,000 --> 00:26:53,919 Speaker 3: our sandwiches are four dollars for the week, and I 588 00:26:54,000 --> 00:26:56,639 Speaker 3: was like, excuse me, that's such a good deal. So 589 00:26:56,680 --> 00:26:59,040 Speaker 3: I had seven eleven sandwiches for an entire week for lunch. 590 00:26:59,080 --> 00:26:59,600 Speaker 1: I'm not mad. 591 00:27:00,400 --> 00:27:02,439 Speaker 4: Mine's just for the fuel lock at the moment, but 592 00:27:02,480 --> 00:27:04,240 Speaker 4: that's a good saving there with the sandwiches. 593 00:27:04,520 --> 00:27:06,560 Speaker 3: How often do you check your fuel lock? Are you 594 00:27:06,640 --> 00:27:09,000 Speaker 3: like rechecking it seeing if there's anywhere cheaper? 595 00:27:09,440 --> 00:27:12,200 Speaker 4: Well, yeah, I have been, but I tend to lock 596 00:27:12,280 --> 00:27:15,240 Speaker 4: it in like probably like a Tuesday or Wednesday, and. 597 00:27:15,280 --> 00:27:16,919 Speaker 1: That's when the fuel's the best price. 598 00:27:17,000 --> 00:27:20,040 Speaker 4: Yes, exactly. And then some areas are just always cheaper 599 00:27:20,040 --> 00:27:22,440 Speaker 4: than others, So I'll lock it in when I'm at 600 00:27:22,440 --> 00:27:25,480 Speaker 4: home compared to my partner's place because it's just cheaper 601 00:27:25,560 --> 00:27:26,160 Speaker 4: out my way. 602 00:27:26,359 --> 00:27:26,560 Speaker 2: Yeah. 603 00:27:26,560 --> 00:27:28,560 Speaker 3: For those of you who don't know what we're talking about, 604 00:27:28,680 --> 00:27:30,320 Speaker 3: like when you go on the app, it only shows 605 00:27:30,359 --> 00:27:33,320 Speaker 3: you the five seven eleven's closest to you. So like 606 00:27:33,400 --> 00:27:36,160 Speaker 3: when my husband's driving and we're driving through different locations, 607 00:27:36,160 --> 00:27:39,439 Speaker 3: I like to get to see if it changes and 608 00:27:39,480 --> 00:27:41,879 Speaker 3: I'm like, oh, got that one. Like it's like the 609 00:27:41,960 --> 00:27:45,280 Speaker 3: adult version of you remember the Pokemon game. 610 00:27:45,760 --> 00:27:48,000 Speaker 1: Yeah, it's like that, but better. 611 00:27:49,240 --> 00:27:51,520 Speaker 3: You would save the actual money and you look, that's 612 00:27:51,520 --> 00:27:52,920 Speaker 3: crazy exactly. 613 00:27:53,000 --> 00:27:55,320 Speaker 4: Like that show was like two dollars thirty last week 614 00:27:55,359 --> 00:27:56,880 Speaker 4: and I got it for a dollar eighty nine. 615 00:27:56,920 --> 00:27:59,240 Speaker 3: I'm like money, wait behavior, And it's not even the 616 00:27:59,280 --> 00:28:02,560 Speaker 3: money win. It's like that sense of grandeur that you get. 617 00:28:02,600 --> 00:28:05,680 Speaker 3: You're like I am so good, Like I'm basically a genius. 618 00:28:07,320 --> 00:28:07,840 Speaker 4: That's great. 619 00:28:08,480 --> 00:28:10,240 Speaker 1: I adore it. I do want to bring the mood 620 00:28:10,240 --> 00:28:12,480 Speaker 1: down though, what's your worst money habit? 621 00:28:13,280 --> 00:28:16,080 Speaker 4: Worst when I have it with the I think budgeting. 622 00:28:16,320 --> 00:28:19,359 Speaker 4: So even though my brother's great with spreadsheets, I'm not. 623 00:28:20,200 --> 00:28:23,399 Speaker 4: So I think being consistent with a budget. And it 624 00:28:23,400 --> 00:28:25,240 Speaker 4: also makes it a bit tricky because like when you've 625 00:28:25,240 --> 00:28:27,960 Speaker 4: got Airbnb and booking dot com, it's like getting paid 626 00:28:28,000 --> 00:28:29,520 Speaker 4: multiple times in a week. 627 00:28:29,400 --> 00:28:30,480 Speaker 1: Or it's hard to track. 628 00:28:30,560 --> 00:28:33,480 Speaker 4: Hey, yeah, well I've got like a separate bank account 629 00:28:33,520 --> 00:28:34,400 Speaker 4: just for the AIRBNBA. 630 00:28:35,160 --> 00:28:36,960 Speaker 3: I was going to say, do you have separate banking 631 00:28:37,000 --> 00:28:38,680 Speaker 3: Please tell me you do to be track of it. 632 00:28:38,840 --> 00:28:43,880 Speaker 4: Good queen, Yep, I'll end up not being consistent enough. 633 00:28:44,320 --> 00:28:47,680 Speaker 4: I use up bank and so I have different savers. 634 00:28:48,040 --> 00:28:49,920 Speaker 4: But I just feel like I need to set up 635 00:28:49,960 --> 00:28:52,880 Speaker 4: more automatic payments. But because it's so variable with how 636 00:28:52,960 --> 00:28:56,080 Speaker 4: much money comes in each week with the Airbnb, yeah, 637 00:28:56,120 --> 00:28:57,880 Speaker 4: sometimes consistent. 638 00:28:58,000 --> 00:28:59,040 Speaker 1: Yeah yeah no. 639 00:28:59,120 --> 00:29:01,960 Speaker 3: And you said before that you get paid fortnightly, so 640 00:29:02,040 --> 00:29:05,000 Speaker 3: you're dealing with that on a relatively short timeframe. So 641 00:29:05,080 --> 00:29:07,959 Speaker 3: I'm assuming that, like projecting is something that you don't 642 00:29:08,040 --> 00:29:08,680 Speaker 3: do a lot of. 643 00:29:08,960 --> 00:29:09,160 Speaker 4: Yeah. 644 00:29:09,200 --> 00:29:11,280 Speaker 3: No, So like if Rederick comes up, do you find 645 00:29:11,280 --> 00:29:13,000 Speaker 3: yourself in a bit of a mad scramble being like 646 00:29:13,000 --> 00:29:13,960 Speaker 3: Oh my gosh, red Ro's up. 647 00:29:13,960 --> 00:29:15,520 Speaker 1: But I feel like I paid this last week. 648 00:29:15,880 --> 00:29:17,080 Speaker 4: I'm not so bad with that. 649 00:29:17,320 --> 00:29:19,520 Speaker 1: Oh that's me. Yeah, two thousand percent me. 650 00:29:20,480 --> 00:29:22,680 Speaker 4: No, I do it, like, yeah, the four installments are 651 00:29:22,760 --> 00:29:23,200 Speaker 4: year yeah. 652 00:29:23,240 --> 00:29:24,000 Speaker 1: Smart for the REGI. 653 00:29:24,240 --> 00:29:26,600 Speaker 4: Yeah, so it's not too much of a shock. I 654 00:29:26,640 --> 00:29:28,800 Speaker 4: know it's going to be in October, so I know 655 00:29:28,920 --> 00:29:33,120 Speaker 4: it's coming, and I'm starting to get my emergency fund up. 656 00:29:33,240 --> 00:29:35,600 Speaker 4: I need that to be better. That would be something 657 00:29:35,640 --> 00:29:36,080 Speaker 4: to work on. 658 00:29:36,240 --> 00:29:39,040 Speaker 3: See, I need to learn from you because I bought 659 00:29:39,040 --> 00:29:42,400 Speaker 3: my car back in like twenty ten. It was November, 660 00:29:42,680 --> 00:29:45,760 Speaker 3: just before Christmas, and I paid my REGRO at that 661 00:29:45,840 --> 00:29:48,400 Speaker 3: point in time and my insurance and now for the 662 00:29:48,480 --> 00:29:51,680 Speaker 3: last ten plus years I have been screwed every single 663 00:29:51,720 --> 00:29:55,720 Speaker 3: November with getting my REDRO. I'm in full because I'm like, oh, 664 00:29:55,720 --> 00:29:56,959 Speaker 3: I don't want to break it up, like I may 665 00:29:56,960 --> 00:29:58,840 Speaker 3: as well just pay it. And then straight after I've 666 00:29:58,840 --> 00:30:00,640 Speaker 3: paid it, they're like, oh, by the way, your insurance 667 00:30:00,680 --> 00:30:03,320 Speaker 3: has gone up because your car really sucks and you 668 00:30:03,400 --> 00:30:04,000 Speaker 3: need a new one. 669 00:30:04,040 --> 00:30:05,160 Speaker 1: But I haven't let go of it. 670 00:30:05,200 --> 00:30:07,959 Speaker 3: So I get REGI and insurance in the same month, 671 00:30:08,040 --> 00:30:10,440 Speaker 3: and I mean I do cash flow it don't worry guys, Like, 672 00:30:10,480 --> 00:30:12,320 Speaker 3: I'm not that bad, but it still hurts. 673 00:30:12,440 --> 00:30:13,880 Speaker 1: Like even if I've got the money, I don't want 674 00:30:13,920 --> 00:30:14,920 Speaker 1: to give you the money, you know. 675 00:30:15,360 --> 00:30:18,640 Speaker 4: Yeah, definitely, Like my car insurance is due at the 676 00:30:18,680 --> 00:30:20,120 Speaker 4: same time as my house insurance. 677 00:30:20,160 --> 00:30:21,120 Speaker 1: Yeah, isn't it a joke. 678 00:30:21,440 --> 00:30:23,600 Speaker 3: It's almost like you set everything up and like did 679 00:30:23,640 --> 00:30:26,120 Speaker 3: like this financial health check and like cleanse and then 680 00:30:26,760 --> 00:30:30,440 Speaker 3: all of a sudden, this one month just becomes financial 681 00:30:30,920 --> 00:30:31,880 Speaker 3: get screwed month. 682 00:30:32,280 --> 00:30:34,880 Speaker 1: Yeah, Like that's what it feels like. Let's be honest. 683 00:30:35,160 --> 00:30:37,280 Speaker 3: Yeah, what do you think you could do to be 684 00:30:37,280 --> 00:30:40,000 Speaker 3: better at budgeting? Like is it about forecasting? Is it 685 00:30:40,080 --> 00:30:41,600 Speaker 3: planning or what would that look like? 686 00:30:42,080 --> 00:30:44,280 Speaker 4: Yeah? I think it is like I know that the 687 00:30:44,320 --> 00:30:46,080 Speaker 4: big ones that are coming up, Like I know my 688 00:30:46,160 --> 00:30:48,680 Speaker 4: rates that you're in February, and I pay them annually 689 00:30:48,760 --> 00:30:50,360 Speaker 4: because I'd rather just do one big. 690 00:30:50,240 --> 00:30:52,360 Speaker 1: Hit even though you hit No. I totally get it. 691 00:30:52,720 --> 00:30:56,400 Speaker 4: Yeah, but also yeah, like budgeting, I was doing the 692 00:30:56,440 --> 00:30:59,640 Speaker 4: Glenn James spreadsheet, but I just feel like I haven't 693 00:30:59,720 --> 00:31:01,640 Speaker 4: gone back to it, and I need to do that. 694 00:31:02,080 --> 00:31:04,600 Speaker 1: I love Glenn James, He's one of my best friends. 695 00:31:04,680 --> 00:31:05,360 Speaker 1: Let's be honest. 696 00:31:05,360 --> 00:31:07,520 Speaker 3: I think If you're in the She's on the Money community, 697 00:31:07,560 --> 00:31:10,000 Speaker 3: you know that Glenn James runs my Millennial Money, which 698 00:31:10,040 --> 00:31:12,760 Speaker 3: should be my biggest competitor, but he's basically one of 699 00:31:12,760 --> 00:31:13,640 Speaker 3: my greatest friends. 700 00:31:13,680 --> 00:31:14,840 Speaker 1: But I'm going to one up him. 701 00:31:15,000 --> 00:31:16,960 Speaker 3: I'm going to gift you my Budget and cash Flow 702 00:31:17,000 --> 00:31:20,360 Speaker 3: master Class because it's more automated than Glenn's. 703 00:31:20,920 --> 00:31:22,360 Speaker 4: I'm secretly hoping you would. 704 00:31:22,520 --> 00:31:24,720 Speaker 1: I really I love this. Do you know what it worked? 705 00:31:24,720 --> 00:31:26,520 Speaker 4: You got me and manifested it. 706 00:31:26,760 --> 00:31:27,560 Speaker 1: So I love this. 707 00:31:27,720 --> 00:31:29,640 Speaker 3: I'm going to gift you the Money master Class because 708 00:31:29,640 --> 00:31:31,280 Speaker 3: I feel like it will take it to the next 709 00:31:31,360 --> 00:31:33,920 Speaker 3: level and like help you project. But it also tells 710 00:31:33,960 --> 00:31:37,560 Speaker 3: you where to put things in different accounts without you 711 00:31:37,640 --> 00:31:39,680 Speaker 3: having to like redo it yourself. Like all you have 712 00:31:39,720 --> 00:31:41,920 Speaker 3: to do is tell me what your expenses are and 713 00:31:41,960 --> 00:31:44,000 Speaker 3: then it will spit out like a beautiful pie chart 714 00:31:44,000 --> 00:31:45,680 Speaker 3: and be like, well, this is how you're spending. This 715 00:31:45,760 --> 00:31:47,720 Speaker 3: is what it looks like. Also, these are the accounts 716 00:31:47,760 --> 00:31:50,720 Speaker 3: you need to put that money into. And it's got 717 00:31:50,760 --> 00:31:54,000 Speaker 3: like separate incomes, so you could put your Airbnb income 718 00:31:54,040 --> 00:31:56,720 Speaker 3: and like change that and see what each month looks 719 00:31:56,720 --> 00:31:58,720 Speaker 3: like or each fortnite looks like. Because you can change 720 00:31:58,720 --> 00:32:00,640 Speaker 3: it all, but I think that that will change it. 721 00:32:00,680 --> 00:32:02,320 Speaker 3: I love that you manifested it, and you're like, I 722 00:32:02,360 --> 00:32:03,800 Speaker 3: really want it, I really want it. 723 00:32:04,480 --> 00:32:05,160 Speaker 1: No, adore it. 724 00:32:05,240 --> 00:32:07,880 Speaker 3: Let's also give the community a little bonus while I'm here. 725 00:32:07,920 --> 00:32:09,080 Speaker 1: I will set up a code. 726 00:32:09,120 --> 00:32:11,480 Speaker 3: It will be POD fifty and it will give you 727 00:32:11,520 --> 00:32:13,640 Speaker 3: fifty bucks off the money masterclass, so you can do 728 00:32:13,680 --> 00:32:16,640 Speaker 3: it alongside our money diarists. I feel like that's a 729 00:32:16,640 --> 00:32:19,560 Speaker 3: good one. I'm glad you manifested that, but I adore you, 730 00:32:19,600 --> 00:32:22,800 Speaker 3: Glenn James. But I also spent nine months building a 731 00:32:22,800 --> 00:32:25,120 Speaker 3: spreadsheet that would just do the work for my community 732 00:32:25,160 --> 00:32:26,640 Speaker 3: instead of them having to do it. 733 00:32:26,640 --> 00:32:28,320 Speaker 1: And I think that's the hardest part, right. 734 00:32:28,560 --> 00:32:30,440 Speaker 3: Like we can all sit down and write out our 735 00:32:30,480 --> 00:32:33,360 Speaker 3: budgets and that's very sexy, but then we put it 736 00:32:33,360 --> 00:32:35,200 Speaker 3: to the side and don't think about it, like I 737 00:32:35,280 --> 00:32:37,360 Speaker 3: need you to tell me how much do I need 738 00:32:37,400 --> 00:32:40,440 Speaker 3: to transfer every single week or every single fortnight to 739 00:32:40,680 --> 00:32:43,000 Speaker 3: that account or I automate that and then it'll work 740 00:32:43,040 --> 00:32:44,560 Speaker 3: for you and then all you have to do is 741 00:32:44,600 --> 00:32:47,160 Speaker 3: maybe like check in once a month, then go oh well, 742 00:32:47,200 --> 00:32:50,160 Speaker 3: actually airbnbing come looked different or it looked the same 743 00:32:50,360 --> 00:32:52,920 Speaker 3: or it looked less like I feel like that will 744 00:32:52,960 --> 00:32:55,320 Speaker 3: potentially work a bit better for you also because you're 745 00:32:55,320 --> 00:32:55,840 Speaker 3: really busy. 746 00:32:57,600 --> 00:32:59,080 Speaker 4: Yes, I am, Oh for sure. 747 00:32:59,160 --> 00:33:01,160 Speaker 1: I love this. I feel like I'm so inspired by 748 00:33:01,160 --> 00:33:01,680 Speaker 1: your story. 749 00:33:01,840 --> 00:33:06,280 Speaker 3: Like I'm so sorry that your ex was a douche canoe, 750 00:33:06,280 --> 00:33:08,880 Speaker 3: but that's okay. I feel like you've moved on and 751 00:33:08,920 --> 00:33:11,200 Speaker 3: it sounds like you're really happy in this new relationship 752 00:33:11,240 --> 00:33:14,080 Speaker 3: and that makes my whole heart so happy. But it 753 00:33:14,120 --> 00:33:16,120 Speaker 3: sounds like you've achieved for a lot and you're young, 754 00:33:16,280 --> 00:33:19,160 Speaker 3: and that is crazy to me. So I want to know, 755 00:33:19,480 --> 00:33:21,800 Speaker 3: now that we've had a chat, what grade would you 756 00:33:21,800 --> 00:33:24,880 Speaker 3: give your money habits? Would it still be a B minus? 757 00:33:25,120 --> 00:33:28,000 Speaker 3: Would you change it? If not, that's okay, But how 758 00:33:28,040 --> 00:33:29,680 Speaker 3: would we get to an A plus? 759 00:33:29,960 --> 00:33:32,800 Speaker 4: I think, yeah, B minus to a bee maybe a B. 760 00:33:33,480 --> 00:33:36,280 Speaker 4: I think what I want to do going forward to 761 00:33:36,320 --> 00:33:38,920 Speaker 4: get to that A would be definitely diversifying more and 762 00:33:39,080 --> 00:33:42,080 Speaker 4: getting more into investing. And also I want to start 763 00:33:42,120 --> 00:33:45,280 Speaker 4: contributing water super Yeah, my soup is pretty healthy at 764 00:33:45,320 --> 00:33:47,120 Speaker 4: the moment, is at one hundred and four. 765 00:33:47,000 --> 00:33:49,200 Speaker 1: K, which is very pretty good for my age. 766 00:33:49,360 --> 00:33:51,680 Speaker 4: Yeah, but I only had six months off with my 767 00:33:51,760 --> 00:33:56,280 Speaker 4: daughter so yeah, actually contributing extra towards that great. Yeah, 768 00:33:56,600 --> 00:33:58,479 Speaker 4: I don't want to be teaching when i'm sixty. 769 00:33:58,960 --> 00:33:59,920 Speaker 1: I love that. I feel like that. 770 00:34:00,000 --> 00:34:01,600 Speaker 3: It's a really good plan. But I also need to 771 00:34:01,640 --> 00:34:04,120 Speaker 3: remind you, Money Diarist, you are a single mum. You 772 00:34:04,160 --> 00:34:06,400 Speaker 3: are killing it, but you're also a single mom, so 773 00:34:06,480 --> 00:34:08,319 Speaker 3: take the pressure off. We don't need to be doing 774 00:34:08,400 --> 00:34:11,399 Speaker 3: everything at once, like even the fact that you are 775 00:34:11,440 --> 00:34:14,360 Speaker 3: a homeowner and you've got a really nice amount of equity. 776 00:34:14,400 --> 00:34:16,919 Speaker 3: I'm just I'm so excited for your future because it's 777 00:34:16,920 --> 00:34:19,200 Speaker 3: going to be good, and I promise the path that 778 00:34:19,200 --> 00:34:20,800 Speaker 3: you're on, you're not going to be teaching a sixty 779 00:34:20,880 --> 00:34:21,640 Speaker 3: so or be fine. 780 00:34:21,719 --> 00:34:25,920 Speaker 1: You will live your dreams. But unfortunately, Money direst, this 781 00:34:26,160 --> 00:34:27,560 Speaker 1: is we have time for today. 782 00:34:27,600 --> 00:34:29,359 Speaker 3: It's all we could fit into our half an hour 783 00:34:29,800 --> 00:34:33,200 Speaker 3: organized slot. It has been a pleasure getting to know you, 784 00:34:33,280 --> 00:34:35,640 Speaker 3: and thank you so much for being so generous with 785 00:34:35,680 --> 00:34:37,560 Speaker 3: your story and sharing so much. I know that our 786 00:34:37,600 --> 00:34:41,080 Speaker 3: community loves learning and loves getting to know our diarists, 787 00:34:41,120 --> 00:34:42,520 Speaker 3: so I really appreciate it. 788 00:34:42,560 --> 00:34:43,719 Speaker 4: Thanks so much for having me. 789 00:34:50,320 --> 00:34:52,880 Speaker 3: The advice shared on She's on the Money is general 790 00:34:52,920 --> 00:34:56,800 Speaker 3: in nature and does not consider your individual circumstances. She's 791 00:34:56,840 --> 00:35:00,320 Speaker 3: on the Money exists purely for educational purposes and should 792 00:35:00,360 --> 00:35:03,480 Speaker 3: not be relied upon to make an investment or financial decision. 793 00:35:03,880 --> 00:35:06,319 Speaker 3: If you do choose to buy a financial product, read 794 00:35:06,360 --> 00:35:09,680 Speaker 3: the PDS TMD and obtain appropriate financial. 795 00:35:09,280 --> 00:35:11,080 Speaker 1: Advice tailored towards your needs. 796 00:35:11,400 --> 00:35:15,360 Speaker 3: Victoria Divine and She's on the Money are authorized representatives 797 00:35:15,400 --> 00:35:17,920 Speaker 3: of money. Sheper p T y lt D A b 798 00:35:18,120 --> 00:35:21,160 Speaker 3: N three two one six four nine two seven seven 799 00:35:21,280 --> 00:35:29,759 Speaker 3: zero eight AFSL four five one two eight nine