Latest / She's On The Money / Why You Feel So Bad About Money (and Why You Seriously Shouldn’t).

Transcript

Why You Feel So Bad About Money (and Why You Seriously Shouldn’t). · She's On The Money

0:00
Speaker 1: Hello.
0:01
Speaker 2: My name is Satasha Nabananga Bamblet. I'm a proud or
0:04
Speaker 2: the Order Kerni Whaltbury and a waddery woman. And before
0:08
Speaker 2: we get started on She's on the Money podcast, I
0:11
Speaker 2: would like to acknowledge the traditional custodians of the land
0:14
Speaker 2: of which this podcast is recorded on a wondery country,
0:18
Speaker 2: acknowledging the elders, the ancestors and the next generation coming through.
0:23
Speaker 2: As this podcast is about connecting, empowering, knowledge sharing and
0:27
Speaker 2: the storytelling of you to make a difference for today
0:30
Speaker 2: and lasting impact for tomorrow.
0:33
Speaker 1: Let's get into it. She's on the Money, She's on
0:36
Speaker 1: the Money. Hello, and welcome to She's on the Money
0:59
Speaker 1: the podcast. The Mets finance fun especially on Fridays. It
1:04
Speaker 1: is our favorite day of the week because we get
1:06
Speaker 1: to get our little team together and celebrate you our
1:09
Speaker 1: incredible She's on the Money community. As always, we have
1:12
Speaker 1: Miss jessic Ricci here sharing our favorite money wins from
1:15
Speaker 1: the week. Miss beck Sayed is sitting very pretty today,
1:19
Speaker 1: you are very ready to go, and she's got three
1:22
Speaker 1: surprise broke tips for us. We are also going to
1:26
Speaker 1: be helping to answer our money dilemma, which This week
1:28
Speaker 1: is all about being money shamed by your parents and
1:33
Speaker 1: something that you s lead into our DMS about whether
1:36
Speaker 1: you should trust an experts advice you don't agree with
1:39
Speaker 1: when it comes to selling your house. Who's that real
1:44
Speaker 1: estate agent really work for? Interesting? Anyway, before we get there, guys,
1:49
Speaker 1: how have your weeks been? My wee's been good. Nothing
1:52
Speaker 1: exciting to report except I've got a parking ticket. That's no,
1:55
Speaker 1: you did?
1:56
Speaker 2: It?
1:58
Speaker 1: Was that last week while recording the podcast? Yes, it was.
2:02
Speaker 1: Oh my god, Why why are they so on it?
2:05
Speaker 3: Well, that's the thing is I missed it because obviously
2:08
Speaker 3: we're we're recording.
2:09
Speaker 1: It's like, well we record till we record.
2:11
Speaker 3: So it wasn't even like a big window, and they
2:13
Speaker 3: somehow fucking and got me.
2:15
Speaker 1: I would be saying absolutely not. I was not there. Goodbye. Yeah, sorry,
2:20
Speaker 1: I mean it's worth a fight for ninety million dollars
2:22
Speaker 1: as well. Just say something happened. Yeah, give it a crack. Sorry,
2:27
Speaker 1: I was spending too long at seven eleven picking out
2:30
Speaker 1: my favorite sushi. Yeah, yeah, I'm sorry. How annoying and annoying?
2:37
Speaker 1: Well did you get any parking tickets? I didn't, No,
2:41
Speaker 1: I didn't.
2:41
Speaker 3: This way I love it.
2:43
Speaker 1: I usually do. Reflect What do you mean you usually do?
2:46
Speaker 4: I'm sure, like I like, I go on not long ago,
2:48
Speaker 4: but it's I did try and find it.
2:50
Speaker 1: I haven't heard back yet, so fingers quicks. But how
2:52
Speaker 1: many outstanding parking tickets do you have at the moment, honestly,
2:55
Speaker 1: And I know it is quite stresful about it. I don't.
2:58
Speaker 4: I have no idea. I don't even know what start.
3:01
Speaker 1: I know I have one, and I've left it too late. Yeah,
3:07
Speaker 1: So I went on the website to pay it and
3:09
Speaker 1: then it said I couldn't pay it, which means I've
3:11
Speaker 1: left it too late. Now I'm just waiting for them
3:13
Speaker 1: to reissue it because I know that it's going to have, like,
3:16
Speaker 1: well money, this is the thing, Like, I'm not that
3:20
Speaker 1: good at money, guys.
3:21
Speaker 4: If you wait for it to go to Vicarod's, obviously
3:24
Speaker 4: there is a fee, but then you can pay it
3:26
Speaker 4: by installments, so that is always a good option. And
3:30
Speaker 4: you can pay it as long as you pay within
3:31
Speaker 4: ten years apparently, so you can tell me one dollar
3:34
Speaker 4: a month for the rest of your life if you
3:35
Speaker 4: wanted to anyway.
3:38
Speaker 1: That is terrible advice, terrible advice. But you know what
3:41
Speaker 1: you got to do, what you've got to do, exactly,
3:43
Speaker 1: But no, my week has been really lovely. Nothing partnering
3:48
Speaker 1: tickets that she's aware of, Yeah, not that I'm aware
3:50
Speaker 1: of it.
3:50
Speaker 4: I'm be getting one right now as we speak. But
3:52
Speaker 4: I know I said I would make up some juicy goss,
3:54
Speaker 4: but I feel bad lying. So it was a smooth, easy,
3:59
Speaker 4: fun Gordgeok, I loved it that I like it, Yes,
4:02
Speaker 4: exactly right.
4:03
Speaker 1: And you I'm still dreaming about Jessica's cookies. Oh my god,
4:07
Speaker 1: say yes, that never goes away. It's just been a
4:10
Speaker 1: constant in my life. But that's okay. I don't have
4:13
Speaker 1: anything that interesting. Honestly. I feel like Mother's Day has
4:17
Speaker 1: come and gone and that was really cute.
4:20
Speaker 2: You know.
4:20
Speaker 1: Obviously Harvey went all out. Of course, he definitely planned
4:24
Speaker 1: all of those things, and my husband had absolutely nothing
4:27
Speaker 1: to do with it. It's weird how like sentimental I
4:30
Speaker 1: get now around Mother's Day. I'm like, oh, I is
4:34
Speaker 1: this how my mom felt about it? Sorry about the
4:36
Speaker 1: crap cards over the year's mum, So that was nice,
4:40
Speaker 1: but nothing to report really. Would you like to have
4:44
Speaker 1: a little five star review? Yes? Please? So are you ready? Okay,
4:48
Speaker 1: I have one, and I think it's really cute. It's
4:50
Speaker 1: from Rebecca Are five Stars. It's now part of our
4:55
Speaker 1: weekly routine. I found that she's on the Money podcast
4:58
Speaker 1: after having my little boy, Are you Ago? The girls
5:01
Speaker 1: are now part of our weekly routine, and my son
5:03
Speaker 1: bops along when he hears the intro music. Thank you
5:07
Speaker 1: for taking me from feeling anxious and uneducated about the
5:10
Speaker 1: complexities of money to confident and informed. The warm personalities
5:15
Speaker 1: of all of the girls and their funny banter makes
5:17
Speaker 1: for great listening on all of our pram walks and
5:20
Speaker 1: car trips. Oh that's lovely.
5:23
Speaker 4: Thank you, and welcome to the world, little friend. I
5:28
Speaker 4: love that you're about the same age as Halfy.
5:32
Speaker 1: I'm wondering, do you reckon? You know how they say
5:34
Speaker 1: you should really talk to your baby all the time,
5:36
Speaker 1: like it helps their language develop. Apparently not mine, but
5:39
Speaker 1: it helps their language develop. Do you think I could
5:41
Speaker 1: just play my own podcast? Maybe I think so, But
5:45
Speaker 1: also like maybe they need to see the mouth movements.
5:49
Speaker 1: I don't know. Oh yeah, and also then you just
5:53
Speaker 1: the tally on. I am not gonna lie. It has
5:55
Speaker 1: been a fair few years since I've been willing to
5:57
Speaker 1: listen to one of our own podcasts. My own voice
6:00
Speaker 1: still surprisingly gives me the literal pic and I can't
6:04
Speaker 1: think of anything worse than having to listen to my
6:06
Speaker 1: own podcast in the car, like I would prefer to
6:09
Speaker 1: sing hop Little Bernie's Hop Hop Hop like that many times,
6:13
Speaker 1: or even just like the Happy Song by Image and
6:16
Speaker 1: Heap like on repeat. It just exists in my brain
6:19
Speaker 1: on repeat, like I can sing you that whole song
6:21
Speaker 1: end to end and I can repeat it if you
6:23
Speaker 1: want me to.
6:24
Speaker 4: Yes, please, They're claud that little Rebecca jams out. Yeah,
6:27
Speaker 4: thank you, Little Mini Rebecca Minnie Rebecca Mini Rebecca.
6:31
Speaker 1: All right, guys, I want to know, Miss Jessicci, what
6:34
Speaker 1: are our favorite money wins of the week? Rady.
6:36
Speaker 3: This week, my first money went from Mim, who said
6:39
Speaker 3: she found an email from Mecca in her junk. She
6:41
Speaker 3: had a fifty dollars vouchert from beu Loop for her birthday.
6:44
Speaker 1: Oh what reminder they do.
6:46
Speaker 3: I'm so sad they brought it in just after my
6:48
Speaker 3: birthday last year, but they do give vouchers now.
6:50
Speaker 1: Can you use me such a good birthday gift? My
6:53
Speaker 1: birthday is coming up next month for Mecca. If you're listening,
6:56
Speaker 1: I would love a little voucher. You should get one
6:58
Speaker 1: in your email.
6:59
Speaker 3: Me said that she redeemed it on an in store facial,
7:04
Speaker 3: so they're normally one hundred and twenty dollars, but she
7:05
Speaker 3: paid seventy out of pocket. But then the Mecca Beauty
7:08
Speaker 3: Services are redeemable on product, so she basically got a
7:12
Speaker 3: free facial and one hundred and twenty dollars worth of
7:14
Speaker 3: product for seventy dollars. Great great one from mim. Next,
7:18
Speaker 3: I've got a money win from Sue, who said she
7:20
Speaker 3: was debating buying herself a Ninja Creamy to make some
7:23
Speaker 3: protein based ice cream treats, and she realized she had
7:26
Speaker 3: enough A and Z points to buy an Amazon gift card,
7:29
Speaker 3: so she bought the Jaja Creemy on Amazon, and she
7:31
Speaker 3: also used shop back to get some cash back on
7:34
Speaker 3: her purchase. Plus, apparently, for some odd reason, the fancier
7:37
Speaker 3: model was selling for the same size as the regular one,
7:39
Speaker 3: so after all of that, she only paid nine dollars
7:42
Speaker 3: out of pocket for her Ninja creamy.
7:44
Speaker 1: Oh I love that. Very impressive. One way of chess
7:47
Speaker 1: is like, Sue, please tell me how to get a
7:49
Speaker 1: Ninja slushy genuinely.
7:52
Speaker 3: Next, I've got a money loss from Ali. She said
7:54
Speaker 3: money loss arrived in Japan, but I'm not mad about it,
7:57
Speaker 3: which I just thought was funny. I feel like everyone's
7:59
Speaker 3: in Japan and it is a loss because you just
8:01
Speaker 3: want to buy all the cute things there.
8:02
Speaker 1: I feel like when you went to Japan, that's all
8:04
Speaker 1: you did.
8:05
Speaker 3: I loved it, and all my money at seven eleven
8:07
Speaker 3: and on sunny angels.
8:09
Speaker 1: No you didn't. You also spent a lot on skincare.
8:11
Speaker 1: That's you. Yeah, you have arguably the nicest shampoo conditioner
8:16
Speaker 1: as well. That sounds delightful.
8:18
Speaker 3: And then lastly, this week, I've got a double whammy
8:21
Speaker 3: from wonder if she says money win and loss is
8:24
Speaker 3: me realizing I have.
8:26
Speaker 1: Dice? Scally, I need to google how to pronounce that?
8:29
Speaker 1: Would you like me to have a look? Hey, god, wait,
8:31
Speaker 1: let me just plug it in. No, this is funny,
8:34
Speaker 1: Please Sam, don't edit this. It wrong? Where's the pronunciation?
8:39
Speaker 1: What doesn't just want to say wrong? She won't even
8:41
Speaker 1: show us the word. We can't even attempt it. All right,
8:44
Speaker 1: you just got to believe it. She's just going to
8:45
Speaker 1: say something now, No, we're keeping this word. Give it
8:48
Speaker 1: your best. Go let me see hang on. Oh yeah,
8:51
Speaker 1: I can't even read that far? Do I need glasses?
8:54
Speaker 4: Hellaculiace placulia, Actually quite close.
9:00
Speaker 1: It's dust calculia.
9:02
Speaker 3: It's called healthy internet, which is a neurological learning disorder.
9:07
Speaker 3: So one has been Did you not with the word
9:10
Speaker 3: that I just pronounced?
9:11
Speaker 1: Sorry? Is that dyscalcula? Not according to the Internet? Oh okay,
9:15
Speaker 1: is that the one way you're about it? Numbers? Discalculia, discalculia? Okay, yeah,
9:22
Speaker 1: maybe it is the same thing. It's the one where
9:24
Speaker 1: you can't it is numbers of mass. Yeah, it's like
9:27
Speaker 1: being dyslexic, but it's for numbers. I see, I see,
9:30
Speaker 1: I see. Well I didn't know what was called that.
9:33
Speaker 1: There you go? Do I mean?
9:33
Speaker 2: This?
9:34
Speaker 3: Calculating is much easier to say either way. One has
9:36
Speaker 3: been diagnosed with this, and she said it's explained to
9:38
Speaker 3: her why she's been recently struggling with her finances. She
9:42
Speaker 3: said it inspired her to find a simple way to
9:44
Speaker 3: track her spending and get back in control so she
9:46
Speaker 3: can tap away all of her goals, take her emergency account,
9:49
Speaker 3: payetro on the walkage et cetera. She's just using an
9:51
Speaker 3: Excel template, but then she copies and pastes, sees exports
9:55
Speaker 3: from her bank and stif Just.
9:57
Speaker 1: So, I thought really cool to go.
9:59
Speaker 3: Oh, like sometime and people having a hard time, it's
10:01
Speaker 3: not just because you're bad at something.
10:03
Speaker 1: It's because actually something going on.
10:05
Speaker 3: There's a little bit of your diversity and you just
10:07
Speaker 3: need to learn what workaround works for you.
10:09
Speaker 1: Yes, percent, but that's a good one to end on,
10:12
Speaker 1: Miss just Goci, Miss Becksies, have you got some broke
10:16
Speaker 1: broke tips for us?
10:18
Speaker 4: I certainly do.
10:20
Speaker 1: You're talking to one of our producers earlier about unethical
10:23
Speaker 1: life tips. Is that going to go into the broke
10:27
Speaker 1: tips of this week? Not yet? Not yet.
10:31
Speaker 4: I think it's a slow steady I like it picaso.
10:35
Speaker 1: But also let's make sure they're legal. So absolutely, what
10:38
Speaker 1: three legal broke tips are you bringing to the table
10:41
Speaker 1: this week? Well, also just really quickly with the unethical
10:44
Speaker 1: life just really quickly.
10:46
Speaker 4: They might be unethical, but they work sometimes you really
10:49
Speaker 4: are just trying to survive.
10:50
Speaker 1: So oh, no judgment. But like we're a we're a platform, Beck,
10:54
Speaker 1: we can't be posting unethical life hacks because that would
10:58
Speaker 1: be unethical of us us. I don't judge people for
11:01
Speaker 1: doing it. In fact, sometimes I'm like, I wish we
11:03
Speaker 1: could share that on the pod. That's kind of funny.
11:05
Speaker 4: Exactly well, survive, but don't see you.
11:09
Speaker 1: We aren't allowed to amplify you at this point, at
11:12
Speaker 1: this point in time. So the first one comes from Cordelia.
11:17
Speaker 1: This one seems like, oh, do you think a buffy.
11:23
Speaker 4: Yes, it could just be you know of say common knowledge,
11:27
Speaker 4: or maybe we've even mentioned this a couple of times.
11:29
Speaker 4: But I think it is helpful. If you pay with cash,
11:33
Speaker 4: it does stop the mindless tapping. But also at the
11:35
Speaker 4: same time, if you are paying in cash and you
11:39
Speaker 4: don't have access to anything online, that also stops you
11:42
Speaker 4: from buying online and finding something like you just you know,
11:44
Speaker 4: when you're scrolling through Instagram and you're like, oh my.
11:47
Speaker 1: God, you can't pay for that in cash.
11:49
Speaker 4: You can't do any impulse not Also because it is
11:52
Speaker 4: physical and we had this before, it does if sometimes
11:54
Speaker 4: it feels harder to physically part with the money. So
11:59
Speaker 4: I think that is a fantast stick tip. This next
12:01
Speaker 4: one is I care do fifty percent meals on Friday
12:06
Speaker 4: and three dollars for Brecky and unlimited refilled coffee.
12:09
Speaker 1: I'm sorry, what are you saying? Half primary balls?
12:13
Speaker 2: Me?
12:14
Speaker 1: Oh, the meat balls live rent free in my brain.
12:17
Speaker 1: I do you know you can buy them frozen as
12:19
Speaker 1: well have it home, can you?
12:20
Speaker 5: Yes?
12:20
Speaker 1: Yeah you can, yes, I know, yes, from the little
12:23
Speaker 1: cafe out the front. You can buy them frozen. You
12:26
Speaker 1: can get the gravy, you can get the red jelly stuff.
12:29
Speaker 1: It's Lingenberry, by the way. And they also do the
12:33
Speaker 1: mashed potatoes, but I would just do mashed potatoes at home. Yeah. Yeah,
12:37
Speaker 1: but you can get the males. In fact, I really
12:39
Speaker 1: want to go get them now because now we're talking
12:41
Speaker 1: about them and I'm low key really hungry. Are we allowed?
12:46
Speaker 1: It's quite close to our studio and is that so close?
12:49
Speaker 1: Is that like? Can we use that as our lunch room? Yeah?
12:53
Speaker 1: Meatballs for all.
12:55
Speaker 4: Obviously my one is next, so it is similar to
12:58
Speaker 4: the first one I mentioned. I have realized because I
13:01
Speaker 4: created a new bank account put my savings and also
13:03
Speaker 4: direct deposits in. I just like and I don't want
13:05
Speaker 4: to look at finance clean now now. But I noticed
13:10
Speaker 4: that because I'm like mentally really lazy. I don't know
13:12
Speaker 4: if this will work with for anyone else. But as
13:14
Speaker 4: soon as there's like two factor authentic authentication or authentication
13:20
Speaker 4: authentic authentication from I don't know, from authentic authentic yeah, okay,
13:28
Speaker 4: well well ignore it doesn't like two factor authentication. No,
13:32
Speaker 4: and especially in particular if you have you know, when
13:35
Speaker 4: you have to download Microsoft Authentic like a second, Yeah,
13:39
Speaker 4: you get a code if you put two factor authentication
13:42
Speaker 4: on things that you do not want to access, including
13:45
Speaker 4: like a savings account or let's say like a place
13:49
Speaker 4: like you know ASOS or depop or something where if
13:52
Speaker 4: you just whatever has the ability for you to put
13:55
Speaker 4: the two f A on, put it on, and you
13:58
Speaker 4: might find that you're spending or even like tapping into
14:01
Speaker 4: those savings really decreases, because if you're anything like me,
14:06
Speaker 4: as soon as it says retrieve a code, I'm like,
14:09
Speaker 4: I've already gotten distracted. I already I just cannot be bothered.
14:14
Speaker 4: I just think it's a great way to like give
14:16
Speaker 4: yourself that extra time to not access those things.
14:19
Speaker 1: So just really good. It's probably more of a nearest
14:25
Speaker 1: spicy thing because there are going to be people listening
14:27
Speaker 1: to this going, what is your problem with doing two
14:29
Speaker 1: factor authentication? Yeah, maybe, like it's furine safety. It's to
14:33
Speaker 1: this nah more admin less interest if you're nearing now,
14:37
Speaker 1: I've got ADHD. Sorry, not interested anymore? You mean I
14:40
Speaker 1: have to go find my phone? Absolutely not exactly. That
14:43
Speaker 1: idea is out of the window. Absolutely an option, not
14:46
Speaker 1: an option. Thanks for trying, though, that's it. Nope, I
14:49
Speaker 1: get it. I get it. It's like your broke tip
14:51
Speaker 1: the other day was like, don't have the credit card
14:54
Speaker 1: information auto fil? Yes? Yeah, like me, I'm not getting
14:58
Speaker 1: up and going and getting my credit cards so I
15:00
Speaker 1: can make that purchase. In fact, I don't even want
15:02
Speaker 1: that purchase anymore. Learned mine, I've got memorized. Yeah, absolutely,
15:07
Speaker 1: not the same. Unfortunately it's memorized. But if you try
15:09
Speaker 1: and forget, then that's where you wait for your credit
15:13
Speaker 1: card like validity to end and then they give you
15:16
Speaker 1: a new credit card and then you're golden for a while. There.
15:19
Speaker 1: That's true. So that's me this week. I love that.
15:22
Speaker 1: All right, let's go to a really quick break because
15:24
Speaker 1: on the flip side, I want to jump into having
15:27
Speaker 1: a chat about what to do when your parents money
15:30
Speaker 1: shame you, which is, by the way, really rude. So
15:32
Speaker 1: spoiler there I've got opinions and then something that you
15:36
Speaker 1: slid into our DMS about. We're chatting about whether you
15:38
Speaker 1: should trust in experts advice that you don't actually agree
15:41
Speaker 1: with when it comes to selling your home. So guys,
15:44
Speaker 1: don't go anywhere. Welcome back, everybody. Let's take a listen
15:51
Speaker 1: to this week's money dilemma.
15:55
Speaker 2: Hi.
15:55
Speaker 1: There, have you got a money dilemma you just can't solve?
15:58
Speaker 1: The She's on the Money Tea is here to help.
16:01
Speaker 1: Every week, we tackle your dilemmas, both big and small,
16:04
Speaker 1: to answer your most burning money, career and life questions.
16:07
Speaker 1: To get involved, simply head to our website and leave
16:10
Speaker 1: us a short voice recording and you might just find
16:12
Speaker 1: yourself on the show. Now, let's take a listen to
16:15
Speaker 1: this week's money dilemma.
16:19
Speaker 6: Hello, Hello, Hello, So I'm currently in my mid thirties,
16:23
Speaker 6: well thirty six light save thirties. Anyway, I just got
16:27
Speaker 6: back from overseas and spent on money while traveling, and
16:30
Speaker 6: so I've come back for no money now upset. I
16:34
Speaker 6: feel shramed about that, and my parents keep shaming me,
16:38
Speaker 6: being like how many times are you going to do this?
16:40
Speaker 6: And I do feel like I've got this negative money
16:44
Speaker 6: my story that I've convinced myself that I'm not going
16:48
Speaker 6: to save you money, like I'll save money for like
16:50
Speaker 6: a year, and then last year I got my redundant
16:52
Speaker 6: so whenever seas it's spent my reduncing money. I did
16:55
Speaker 6: try to have some safety money there.
16:56
Speaker 5: But obviously just got carried away with life of traveling
17:01
Speaker 5: as I love it. And then yeah, once again come
17:05
Speaker 5: back to no money, and I think my parents say,
17:09
Speaker 5: you know, how many times are you going to do this?
17:10
Speaker 5: Or you're in your thirties and you're doing this, like
17:13
Speaker 5: you know how many times are you going to get
17:14
Speaker 5: yourself into a position where you're not saving your spinning money?
17:17
Speaker 6: And so.
17:19
Speaker 5: Yeah, I felt shamed. I felt really embarrassed. I feel
17:22
Speaker 5: really like I guess useless for that or like I'm failing.
17:27
Speaker 5: And so I just want to help get that money
17:29
Speaker 5: mine reset and not associate myself with that so I
17:32
Speaker 5: can just see on track and hopefully have a bit
17:36
Speaker 5: of money story and give it better.
17:38
Speaker 1: That breaks my heart, like literally that makes me feel
17:41
Speaker 1: so awful for you and like thank you for being
17:44
Speaker 1: so open with us, because to say, oh, I'm really embarrassed,
17:48
Speaker 1: I really feel bad about this. That takes a lot
17:51
Speaker 1: to even just like reach out and be like, I
17:52
Speaker 1: kind of need a little bit of help here. One
17:54
Speaker 1: thing I will say is I can always guarantee if
17:58
Speaker 1: your parents heard that audio of you going, oh, I'm
18:01
Speaker 1: feeling really barrassed, I'm feeling really shamed, they would feel
18:05
Speaker 1: really ashamed. Because I don't think and I'm this is
18:07
Speaker 1: maybe benefit of the doubt. I don't think your parents
18:10
Speaker 1: realize how they've made you feel like and if they have,
18:13
Speaker 1: like they owe you an apology. But can we just
18:15
Speaker 1: zoom out a little bit? So you're telling me that
18:18
Speaker 1: you got made redundant and then you went overseas and
18:21
Speaker 1: probably have created all of these beautiful core memories and
18:23
Speaker 1: had the best time. I'm sure you have all of
18:26
Speaker 1: these great friends and experiences and things that you've done.
18:29
Speaker 1: How many more times am I going to do it? Mom?
18:30
Speaker 1: And Dad? End list? If it ends up that way,
18:33
Speaker 1: Like I had a really good time. Like don't get
18:36
Speaker 1: me wrong, Like I can see that you want to
18:38
Speaker 1: change your money story, and like there is a way
18:40
Speaker 1: that we could do both right, Like there is a
18:42
Speaker 1: way that we have savings and we have you know,
18:44
Speaker 1: an emergency fund, to fall back on, and we have
18:46
Speaker 1: all of those things, but they come from education. And like,
18:50
Speaker 1: I'm sorry, are your parents shaming you after not sitting
18:53
Speaker 1: you down and teaching you how to do these things? Sorry,
18:56
Speaker 1: you're telling me that I should be when you're going
18:58
Speaker 1: to get your stuff together? I don't don't, Karen, When
19:01
Speaker 1: are you gonna teach me? When are you gonna sit
19:04
Speaker 1: me down and be like hey, like, I'd love to
19:06
Speaker 1: show you X Y and Z No, no, Beck, how
19:08
Speaker 1: do you feel about this?
19:09
Speaker 4: I just like I'm hearing this and I'm like, man,
19:13
Speaker 4: it is wild that we're here and we do talk
19:17
Speaker 4: about this, But I'm like, why is there just this
19:21
Speaker 4: like template.
19:23
Speaker 1: Of how we should and shouldn't be living? Some people
19:26
Speaker 1: just don't work like that.
19:27
Speaker 4: Like I don't have the natural organic motivation to say
19:32
Speaker 4: for something I do not care about. Every single waking
19:37
Speaker 4: second is dedicated to being excited and living life and
19:42
Speaker 4: having fun and that should be just as valuable as
19:47
Speaker 4: saving money, because it is very impressive. Like JESSRICKI, you
19:51
Speaker 4: are such a good savor, You're so good with money.
19:52
Speaker 4: That is extremely impressive. And there is myself and some
19:57
Speaker 4: of my friends who are live in life been doing
20:00
Speaker 4: crazy things and just like going out and getting like
20:04
Speaker 4: making all these beautiful memories and that is cool and
20:06
Speaker 4: that is fun. And I'm just like, I don't know
20:08
Speaker 4: where this comes from. I understand that you do need
20:10
Speaker 4: for like safety reasons and emergency fund, but when you're ready,
20:14
Speaker 4: you'll figure that out and you'll also find a way
20:17
Speaker 4: that works for you. Because personally, for me, I've been
20:19
Speaker 4: on this podcast like three years now, and I still.
20:22
Speaker 1: Do not have been three years. I feel like two
20:26
Speaker 1: and a half. No, no, no, no, no, Like I'm not questioning it,
20:28
Speaker 1: just I feel like I'm here. But then also time
20:31
Speaker 1: flies when you're having fun.
20:33
Speaker 4: Exactly right, And I still do not have an emergency fund.
20:36
Speaker 4: But I realized once I started like investing that that
20:39
Speaker 4: is for some reason, there's a part of my brain
20:42
Speaker 4: that cannot touch that money. And so there's like almost
20:44
Speaker 4: six hundred dollars now in investments.
20:47
Speaker 1: Oh really, it's not I'm so excited about this. I'm
20:50
Speaker 1: just so proud of like the beck you've become.
20:53
Speaker 4: Thank you, But you know that's that's what I mean, like,
20:55
Speaker 4: is that like that works for me, and that's money
20:58
Speaker 4: that I just feel like I can't touch. For some reason,
20:59
Speaker 4: but that was in my savings account. It would not
21:02
Speaker 4: exist on the journey. He has been fun. I've connected,
21:06
Speaker 4: I've bonded, I've made friends, I've done wild things, and
21:10
Speaker 4: I just it is embarrassing.
21:11
Speaker 1: No, it's not. No, it's not no, but it feels
21:14
Speaker 1: embarrassing when you're on the one hundred percent, it feels it,
21:16
Speaker 1: but it is not embarrassed. You're allowed to feel embarrassment,
21:19
Speaker 1: but that does not mean that it is an embarrassing things.
21:23
Speaker 4: It feels embarrassing, but it also feels deeply unfair that
21:26
Speaker 4: there's this this this like base level template for how
21:31
Speaker 4: we think and feel and how we're meant to live
21:33
Speaker 4: that doesn't fit everyone. It actually, I don't think it's
21:37
Speaker 4: a lot of people, and we just we just blindly
21:40
Speaker 4: accept it and we live like that and it makes
21:43
Speaker 4: some of us deeply miserable. But sorry, that's just how
21:45
Speaker 4: you meant to live and.
21:46
Speaker 1: Now it's not. And I agree with you that that exists,
21:49
Speaker 1: but it frustrates the hell out of many that you
21:54
Speaker 1: can't just be happy, like people are trying to tell
21:56
Speaker 1: you how to live in line with their values, and like,
22:00
Speaker 1: don't get me wrong, I'm so opinionated, but like I
22:04
Speaker 1: would like to think that it's on the things that
22:08
Speaker 1: aren't about you making the decision that is aligned with
22:12
Speaker 1: your genuine thoughts and values and beliefs lack. And it's
22:16
Speaker 1: like when we were talking about politics, so like the
22:19
Speaker 1: election has come and gone, and throughout that process I
22:23
Speaker 1: literally kept saying because people would message me like, oh,
22:26
Speaker 1: who are you voting for? What are you doing? And
22:27
Speaker 1: I'm like, I'm not even sharing that because I just
22:29
Speaker 1: don't want you to think that I would judge you
22:32
Speaker 1: for voting any differently, Like if you vote the same, great,
22:35
Speaker 1: I'm sure that people could probably like clearly and very
22:39
Speaker 1: easily speculate who I voted for. I don't think that
22:42
Speaker 1: if you consumed all of my content you wouldn't be
22:46
Speaker 1: able to guess that. But I also go, but I
22:48
Speaker 1: don't care who you vote for. What I actually care
22:51
Speaker 1: about is that you voted in line with your values,
22:53
Speaker 1: Like have you spent the time and the energy to
22:55
Speaker 1: work out like what you like, beck, and like what
22:58
Speaker 1: things align with that? Like that's all I care about,
23:01
Speaker 1: you living the best life for you. And it's like
23:04
Speaker 1: when I say, oh, Beck, I'm so proud of the
23:06
Speaker 1: Beck you've become. It's because past Beck would have been like,
23:10
Speaker 1: oh my god, Like Beck's still having fun, but she
23:14
Speaker 1: also feels a little bit more financially secure. And how
23:16
Speaker 1: sick is that? Like, it's not because you've adhered to
23:20
Speaker 1: somebody else's values or copied my investment strategy or whatever.
23:24
Speaker 1: It's because you're living in line with the values that
23:27
Speaker 1: you hold. And that's so friggin' cool, thank you, But
23:31
Speaker 1: like that's what we want for our communities. I don't
23:34
Speaker 1: when you feel judged by parents who are living a
23:36
Speaker 1: lifestyle that you probably don't even want exactly do what
23:40
Speaker 1: makes you happy? Karen, I don't actually want to live
23:42
Speaker 1: like you. Yeah, I completely agree.
23:45
Speaker 3: I think that Beck, You're so right that there is
23:48
Speaker 3: so much value in non traditional pathways, like there is.
23:51
Speaker 3: Seeking joy from your life is not a bad thing.
23:54
Speaker 3: And if that means that you're going against the status quo,
23:56
Speaker 3: like I think it takes a lot.
23:57
Speaker 1: Of strength actually to do that.
23:59
Speaker 3: Will say that I suspect that your parents' conversation is
24:03
Speaker 3: coming from a place of concern for your future stability,
24:07
Speaker 3: and I understand that, Like I was someone we've seven
24:10
Speaker 3: the podcast before, like I would travel and come.
24:12
Speaker 1: Back with like literally no money at all.
24:14
Speaker 3: But like now, when I reflect on that, I go, oh,
24:18
Speaker 3: on some level, I wish that I did it differently.
24:19
Speaker 1: I don't regret traveling at all.
24:21
Speaker 3: But I do wish that I had more financial literacy,
24:25
Speaker 3: which at the time I didn't like me.
24:28
Speaker 1: You don't know what you don't know, right, correct.
24:29
Speaker 3: I don't think it's cool the way that this has
24:31
Speaker 3: come about, and I'm so sorry that they've made you
24:33
Speaker 3: feel this way, because you absolutely shouldn't. But I do
24:36
Speaker 3: think it's cool, as someone who had that experience myself,
24:38
Speaker 3: that you have come to a place where, like, I
24:40
Speaker 3: want to know more so I can create something better.
24:43
Speaker 3: And I think that that's really awesome that that's how
24:45
Speaker 3: you're feeling. And I just want to say that you
24:47
Speaker 3: can have both, Like you can still do the things
24:49
Speaker 3: that you value. I have still traveled, even when, as
24:52
Speaker 3: you said, I'm quite a good saver. I still travel.
24:54
Speaker 3: I still do things that bring me happiness whilst still
24:57
Speaker 3: working towards my financial goals. You don't have to entirely
25:00
Speaker 3: sacrifice one for the other. But I would say that
25:04
Speaker 3: my worry for you, which is my worry for you
25:06
Speaker 3: to beck, is I always just want people to have
25:07
Speaker 3: an emergency fund. I never want someone to be in
25:10
Speaker 3: a position where, you know, if you were overseas and
25:13
Speaker 3: you got injured, or if you were at home and
25:16
Speaker 3: you suddenly found yourself without someone to live. Like, my
25:18
Speaker 3: worry for anyone, but for women especially is that they
25:21
Speaker 3: find themselves in a situation they can't get out of
25:23
Speaker 3: because of money. And so I think it's exciting that
25:27
Speaker 3: you're entering a phase where you kind of want to
25:29
Speaker 3: start working on those things, because having a level of
25:32
Speaker 3: financial security is also very freeing.
25:34
Speaker 1: I think you'll find I love it. I think it's
25:37
Speaker 1: about just living in line with your values, and like,
25:39
Speaker 1: if I reflect on your journeys and even my journeys,
25:43
Speaker 1: I know that financial literacy would have meant that I
25:46
Speaker 1: could have just been less anxious and less worried about
25:50
Speaker 1: things like beck, I'm sure that if we go back
25:52
Speaker 1: to all the times that you've had, you'd be like, no,
25:54
Speaker 1: I don't regret any of them. But if I go, okay, cool,
25:57
Speaker 1: but if we thought about money and the relationship you
25:59
Speaker 1: had at that time, you might go, oh, yeah, it
26:01
Speaker 1: was a bit angsty, but I was still having a
26:02
Speaker 1: good time that doesn't invalidate the fact that you were
26:06
Speaker 1: having a good time. It's just like, imagine if you
26:08
Speaker 1: had an emergency fund to go through that journey with
26:10
Speaker 1: as well, it might have made it even better. And
26:13
Speaker 1: the same with you, Jess, Like coming home from overseas
26:15
Speaker 1: and we've talked about it, you came home with like
26:17
Speaker 1: not enough money to buy a Mars bar at the airport,
26:20
Speaker 1: and like, that's fine, but I can almost guarantee that
26:23
Speaker 1: that version of Jess would have been so much more
26:25
Speaker 1: comfortable flying back into the country with enough money to
26:28
Speaker 1: buy a Mars Bar. And it's like, not even the
26:31
Speaker 1: fact that it's a Mars bar, it's just like knowing
26:34
Speaker 1: that you've got the financial backing to make the decisions
26:38
Speaker 1: that you want to make. Absolutely. So I guess that's
26:41
Speaker 1: a good place to wrap that one, because I want
26:43
Speaker 1: to dive into the next one because we got a
26:45
Speaker 1: DM this week. Are you ready ready? Hey, she's on
26:48
Speaker 1: the money. We're selling our townhouse and need a second opinion.
26:52
Speaker 1: It's thirteen years old, so bigger than the newer builds,
26:56
Speaker 1: but it's dated compared to what else is on the market.
26:59
Speaker 1: Our real estate. A reckons we need a good coat
27:01
Speaker 1: of paint and new carpet to get the top end
27:04
Speaker 1: of what similar properties are getting. My partner is happy,
27:07
Speaker 1: but I'm not convinced. I can't see how we're going
27:10
Speaker 1: to compete with the modern places without doing something. The
27:14
Speaker 1: range of what similar properties are selling above for is
27:17
Speaker 1: between one hundred and fifty to two hundred thousand dollars,
27:20
Speaker 1: So to me, it's a worth the investment, not a
27:23
Speaker 1: full reno, just few cosmetic updates to make it feel
27:26
Speaker 1: less tired. He says. Buyers will do their own renouts anyway,
27:30
Speaker 1: so we'd be wasting our money. I don't want to
27:33
Speaker 1: over capitalize, but I also don't want to leave money
27:35
Speaker 1: on the table. Would you go with the agent or
27:38
Speaker 1: trust your gut to modernize it before listing it. Let's
27:43
Speaker 1: ask Jess to begin with, because Jess, you are in
27:46
Speaker 1: the process of like looking at different properties, and I mean,
27:51
Speaker 1: if a property is one hundred and fifty to two
27:53
Speaker 1: hundred and fifty thousand dollars over because it's quote more modern,
27:57
Speaker 1: I'm assuming that you're purchasing properties over a miss million dollars.
28:00
Speaker 1: Is that a fair assumption? Yeah, I would say, yeah. So, Like,
28:03
Speaker 1: let's pretend it's not one hundred and fifty to two
28:05
Speaker 1: hundred thousand dollars like in your price range. Let's just
28:08
Speaker 1: like pretend it's a bit more. Are you preferring like
28:12
Speaker 1: modern properties over like more dated ones with bigger rooms?
28:16
Speaker 2: Like?
28:17
Speaker 3: What does that look like for you? I, personally my
28:19
Speaker 3: preference is for a modern finish, but I'm also very
28:21
Speaker 3: open to renovating myself. When looking at established properties, I
28:25
Speaker 3: think like the biggest thing that your buyers are going
28:26
Speaker 3: to be looking at is the floor plan, the configuration,
28:29
Speaker 3: which is something that you can't change anyway. Like for
28:31
Speaker 3: me personally, I know that you can make cosmetic changes
28:34
Speaker 3: yourself down the line, But the things that I care
28:36
Speaker 3: most about if I was to buy an established property
28:39
Speaker 3: is the structural things, like things that I can't change,
28:42
Speaker 3: would be very expensive to change. What's the heart of
28:44
Speaker 3: the ceilings, what's the configuration of the floor plan, like
28:46
Speaker 3: those sorts of things which are things that you wouldn't
28:48
Speaker 3: be changing regardless. I think that so when I worked
28:51
Speaker 3: in real estate, coda paint and new carpets is something
28:53
Speaker 3: that we would tell most people with any kind of
28:56
Speaker 3: damage to those things, you'd be amazed or what a.
28:58
Speaker 1: Difference walking into it feeling freshe hundred percent.
29:04
Speaker 3: I think that there's a lot that you can do
29:07
Speaker 3: relatively affordably. So you could probably look at updating, potentially
29:10
Speaker 3: painting any cabinetry that you have, depending on what it
29:12
Speaker 3: looks like, or re staining it. A lot of older
29:15
Speaker 3: properties have maybe a darker wood. You could look at
29:17
Speaker 3: sandia back or something like that. Changing your fixtures handles
29:21
Speaker 3: stuff like that to a more modern option as well,
29:23
Speaker 3: maybe from like a little round knob to something more elongated.
29:27
Speaker 3: There are lots of changes that you can make that
29:28
Speaker 3: would be very affordable. It wouldn't take you a lot
29:30
Speaker 3: of time, but might make a difference. The other thing
29:32
Speaker 3: we used to recommend a lot when I worked in
29:34
Speaker 3: real estate was staging. Staging makes a huge difference, and
29:37
Speaker 3: we saw this in My really good friends sold their
29:39
Speaker 3: property not too long ago, and their house was smaller
29:44
Speaker 3: than a lot of the other properties on the market,
29:46
Speaker 3: but it was by far the most popular in terms
29:48
Speaker 3: of people who came through, and it sold for like
29:51
Speaker 3: thirty five thousand dollars over what.
29:52
Speaker 1: Their expectation was.
29:53
Speaker 3: Oh, that's so good, And I think it's because they
29:56
Speaker 3: had styled their property really beautifully. Themselves like it was
29:58
Speaker 3: already they didn't hire a stager. It was just they
30:01
Speaker 3: already had like a nicely furnished, finished home, and a
30:04
Speaker 3: stager is what jess because people might be like, sorry,
30:08
Speaker 3: what's a stager? So you can have someone come in
30:10
Speaker 3: and they will stage your house so they can bring
30:11
Speaker 3: in furniture or just furnishings like stuff, furnishings, curtains, things
30:15
Speaker 3: like that to style your They make.
30:17
Speaker 1: The house look really beautiful.
30:19
Speaker 3: And I would say that it is absolutely worth the
30:23
Speaker 3: investment if you do not have the stuff to do
30:25
Speaker 3: it yourself. So if you have a house, if you
30:27
Speaker 3: take a personal interest in having your gal's house, it
30:30
Speaker 3: would be so easy to sell back. But if that's
30:33
Speaker 3: something that's already priority, you've got it style or it's
30:36
Speaker 3: got a particular theme, it's not as necessary. But if
30:38
Speaker 3: you're someone I think like Boypad, like I've just got
30:42
Speaker 3: a very basic ica coffee table, do you know what
30:44
Speaker 3: I mean? No no styling things, no blankets, no pillows,
30:48
Speaker 3: no nothing.
30:48
Speaker 1: It might be Ryan's house from Maps, Yes, yeah, so
30:53
Speaker 1: we would we would stage his house. I would probably
30:55
Speaker 1: look at staging it because you would be amazed at
30:58
Speaker 1: what a difference snakes. It can be a couple of
31:02
Speaker 1: grand but I reckon that's an investment in getting more money. True, true, Yeah.
31:07
Speaker 3: Because you would stage before you take your photos and
31:09
Speaker 3: stuff typically too, so your property listing online, all those
31:13
Speaker 3: sorts of things.
31:14
Speaker 1: You can just pretend that's what you usually live, like
31:16
Speaker 1: if you want.
31:17
Speaker 3: Yeah, they can use AI nowadays. I've seen that should
31:21
Speaker 3: be legal. Sorry, which I don't like. You know what,
31:24
Speaker 3: Sometimes they do it and it's really hard to tell.
31:25
Speaker 3: But then the thing is is when people come through teas,
31:28
Speaker 3: they're going to see it in person, it can be
31:31
Speaker 3: a bit jarring if it doesn't look the same.
31:33
Speaker 1: Yeah, I'd be like, where's that room with the beautiful chair?
31:36
Speaker 1: And then the chair doesn't exist?
31:37
Speaker 3: Yeah, exactly, So I would also look at you might
31:40
Speaker 3: not even need to renovate, but maybe staging, whether you
31:42
Speaker 3: do it yourself and you purchase things that you can
31:44
Speaker 3: then keep and take to you an extra or sell on,
31:46
Speaker 3: or whether you bring a professional in to do it,
31:48
Speaker 3: might be a good way again to make things look
31:51
Speaker 3: a little more updated without having to fully renovate.
31:54
Speaker 1: Yeah, Beck, what are you doing to your house that
31:57
Speaker 1: you want to sell? God, I'll tell you what.
31:59
Speaker 4: I don't think I'll ever be in this predicament, but
32:02
Speaker 4: I think I would do exactly what Jess says.
32:04
Speaker 1: I'm just gonna so your advice is just called Jess
32:08
Speaker 1: up what Jess would say.
32:10
Speaker 4: Exactly, because I'm thinking, like if I was gonna buy
32:12
Speaker 4: something honestly, like the this is not at all what
32:15
Speaker 4: our listener is asking, but if it means that something's
32:18
Speaker 4: a little bit cheaper, but it's a little bit more
32:19
Speaker 4: run down, but I can actually afford it, or someone
32:23
Speaker 4: who is has just saved enough and they can't afford
32:26
Speaker 4: too much and it's their first home and they're like, oh,
32:29
Speaker 4: this is a bit run down, but hey, I can
32:30
Speaker 4: afford it. I don't mind. I'm like, I would be
32:33
Speaker 4: happy just leave it as his. So I was just
32:35
Speaker 4: in case that that is the case. But yeah, I
32:38
Speaker 4: guess probably like exactly as just like even yeah, just
32:42
Speaker 4: like little things like maybe like the taps or yeah,
32:46
Speaker 4: like the door handles and things like that, Like little
32:48
Speaker 4: things make a big difference. One thing that always turns
32:50
Speaker 4: me off for some reason is like those wardrobes that
32:52
Speaker 4: have like the really flimsy wooden shelving that for some
32:58
Speaker 4: reason always like I'm like, I don't want that, and
33:00
Speaker 4: I don't know why, but so I don't know how
33:02
Speaker 4: cheap that is fixed. But if you just get those
33:04
Speaker 4: like I don't know, just kind of fix the little
33:06
Speaker 4: things up, things that are fairly cheap, fairly quick, fairly easy. Yeah,
33:11
Speaker 4: go for it with the new paint, new carpet, and
33:13
Speaker 4: see how you go and see if you like it.
33:15
Speaker 4: If you like it after like the staging and the
33:18
Speaker 4: new paint and all this, and you're like, this is
33:21
Speaker 4: now doable, and is it possible to just like put
33:23
Speaker 4: it up for a few months, see how you and
33:25
Speaker 4: if it doesn't do what you expected, then do rhetos.
33:29
Speaker 1: Then is that allowed? It depends on if you're going
33:31
Speaker 1: to auction.
33:32
Speaker 3: If you're going to auction, you have to set a
33:33
Speaker 3: reserve a price that you're willing to sell it for.
33:35
Speaker 3: If you're selling it privately, you can still have that
33:38
Speaker 3: conversation with your agent and say, oh, I'm not willing
33:40
Speaker 3: to sell it unless it's X, y Z fair.
33:43
Speaker 1: I'm going to be a little bit controversial and say
33:45
Speaker 1: in this instance, I feel before we get to the
33:48
Speaker 1: group chat that I actually trust the real estate agent
33:52
Speaker 1: that is going to be a little bit spicy. But
33:54
Speaker 1: the reason I trust the real estate agent is because
33:56
Speaker 1: you've said that the difference is between one hundred and
33:59
Speaker 1: fifty and two hundred one thousand dollars. And real estate
34:02
Speaker 1: agents get paid a commission based on how much a
34:05
Speaker 1: property sells for. So in Australia, the most common commission
34:09
Speaker 1: that will be payable so you sell your house, two
34:13
Speaker 1: percent of that purchase price is usually the commission that
34:16
Speaker 1: your real estate agent is going to make. And then
34:18
Speaker 1: of that commission, a real estate agent is usually going to,
34:21
Speaker 1: like the individual is probably going to take like forty percent,
34:25
Speaker 1: and then the agency, so like the agency that they
34:28
Speaker 1: work for, usually keeps sixty percent. They can slide up
34:31
Speaker 1: and down like different horses for different courses. The difference
34:35
Speaker 1: between a house selling for seven hundred and fifty thousand
34:39
Speaker 1: dollars or a million dollars, which is like two hundred
34:41
Speaker 1: and fifty grand, is going to mean a difference of
34:43
Speaker 1: like five grand. So like instead the agent for selling
34:48
Speaker 1: your house at seven hundred and fifty thousand dollars would
34:51
Speaker 1: get what six grand, But if they sell your property
34:54
Speaker 1: for a million dollars, they're going to get eight grand.
34:56
Speaker 1: That's like two thousand dollars difference, and that's a lot
35:00
Speaker 1: of money. Like, so if you're talking to your real
35:02
Speaker 1: estate agent and you're like, hey, like, should I restyle
35:05
Speaker 1: this property at my own cost? If I was the
35:08
Speaker 1: real estate agent and I genuinely thought I'd make more
35:10
Speaker 1: money by you doing that, I'd be like, yeah, Jess,
35:13
Speaker 1: please go spend all this money restyling this property or
35:16
Speaker 1: doing all of these cosmetic changes. It makes sense you'll
35:20
Speaker 1: get more money because like there's no comparison, right, Like,
35:23
Speaker 1: if you don't get more money, they'll be like, well,
35:25
Speaker 1: that's what the house was worth. I'm glad you invested
35:27
Speaker 1: it because you would have got less.
35:28
Speaker 5: Right.
35:29
Speaker 1: But if I didn't believe that, and I was like,
35:32
Speaker 1: oh Jess, please don't go and bother with that, I'm
35:34
Speaker 1: seeing properties literally sell for the same whether they've been
35:38
Speaker 1: cosmetically updated or not. Yeah, I'd probably be like, yeah,
35:41
Speaker 1: that seems pretty fair, like because you would know the area,
35:45
Speaker 1: and also your money's on the line as well. If
35:47
Speaker 1: I do these cosmetic updates and they're the reason we
35:50
Speaker 1: get more, you're going to make more money, but you're
35:52
Speaker 1: saying it's not worth it. So I kind of err
35:55
Speaker 1: on the side of feeling like the real estate agent
35:58
Speaker 1: makes sense and like that real estate state agent is
36:00
Speaker 1: working for you as the seller. Yeah, and I think
36:03
Speaker 1: a lot of the time we need to remember who
36:05
Speaker 1: that professional works for, because the real estate agent isn't
36:09
Speaker 1: working for the buyer. The real estate agent is trying
36:12
Speaker 1: to get the most amount of money out of the
36:13
Speaker 1: buyer for the seller because they make money that way.
36:16
Speaker 1: So that's where my I guess brain would see it
36:19
Speaker 1: on that. We also asked the community. We said, would
36:22
Speaker 1: you trust the agent's advice, and fifty five percent of
36:26
Speaker 1: you said, I'd get another agent's opinion fair because like same,
36:30
Speaker 1: thirty two percent of you said yes, they know the market,
36:33
Speaker 1: and thirteen percent of you said, nah, I'm going to
36:35
Speaker 1: trust my gut. We asked, do you think when it
36:38
Speaker 1: comes to property presentation sells is actually true? Forty six
36:43
Speaker 1: percent of you said yes, twenty eight percent of you
36:46
Speaker 1: said only to some buyers, in twenty five percent of
36:49
Speaker 1: you said it's going to really depend on the property.
36:51
Speaker 1: And then we asked, well, what's your two cents? My
36:55
Speaker 1: favorite comment that I'm going to read that first says, well,
36:57
Speaker 1: you're both right, yeah, okay, and I mean it depends
37:01
Speaker 1: how much those cosmetic upgrades are going to cost you, right, Yeah,
37:04
Speaker 1: Like if it's little things you can do here and there, absolutely,
37:07
Speaker 1: But like if it's going to take weekends and weekends
37:09
Speaker 1: of repainting the whole kitchen. In the hopes that that happens,
37:13
Speaker 1: I promise, Like when I have purchased property and I
37:15
Speaker 1: walk into the kitchen it's the wrong color, I'm like, cool,
37:17
Speaker 1: that's easy changed. Let me see the floor plan, let
37:20
Speaker 1: me see the how like their room heights, et cetera.
37:23
Speaker 1: Someone else said, I recently purchased a nine hundred thousand
37:26
Speaker 1: dollar property, spent two grand on renaults, and it just
37:29
Speaker 1: got revalued for a million dollars. There you go.
37:32
Speaker 3: And that's the thing is it can make a big
37:34
Speaker 3: difference without a b investment.
37:36
Speaker 1: Yeah. Someone else said, it can actually be really hard
37:38
Speaker 1: for people to visualize the home's potential. So I would
37:41
Speaker 1: do enough to make sure it looks good. Another person said,
37:44
Speaker 1: I'd rather have the blank slate to make a place
37:48
Speaker 1: my own. Just make it really clean and we're good
37:50
Speaker 1: to go, which I think is really good. I have
37:53
Speaker 1: a three part one So someone said, I specialize in this.
37:57
Speaker 1: If the gap in the market is big, and you
37:59
Speaker 1: can do the renaults under that, it could definitely be
38:02
Speaker 1: worth it, not only more money, but it makes for
38:05
Speaker 1: an easier sale. Eliminate as many buyer objections as possible,
38:09
Speaker 1: and you will attract the most buyers to have competition
38:12
Speaker 1: and sell the property quickly. Yeah, which I think your
38:15
Speaker 1: friend's experience.
38:16
Speaker 3: I'll see if they had multiple bidders that all wanted
38:19
Speaker 3: the property.
38:19
Speaker 1: And then I've got a couple more. One person said,
38:22
Speaker 1: I recently bought an apartment and I actually only considered
38:25
Speaker 1: the properties that were ready to move in and had
38:27
Speaker 1: no changes. And then someone said, I don't want to
38:29
Speaker 1: buy a house for one hundred thousand dollars more just
38:32
Speaker 1: because it had a cheap fifteen thousand dollar facelift. There's
38:36
Speaker 1: really two sides to the coins that. Well, it just
38:38
Speaker 1: goes on and on, doesn't it. So that's it from me.
38:41
Speaker 1: I hope you guys have a beautiful weekend and we'll
38:44
Speaker 1: catch you on the flip side. Bye guys, Bye, did
38:53
Speaker 1: buy shared on shees on. The money is generally nature
38:56
Speaker 1: and does not consider your individual circumstances. All the money
39:00
Speaker 1: exists purely for educational purposes and should not be relied
39:04
Speaker 1: upon to make an investment or financial decision. If you
39:07
Speaker 1: do choose to buy a financial product, read the PDS
39:10
Speaker 1: TMD and obtain appropriate financial advice tailored towards your needs. Victoria,
39:15
Speaker 1: Divine and Sheese on the Money are authorized representatives of
39:18
Speaker 1: Money Sherper Pty Ltd ABN three two one six four
39:23
Speaker 1: nine two seven seven zero eight AFSL four five one
39:27
Speaker 1: two eight nine