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Confessions of a Former Shopaholic · She's On The Money

• 0:00
  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yor
• 0:04
  Speaker 1: the Order Kerni Whaltbury and a waddery woman. And before
• 0:08
  Speaker 1: we get started on She's on the Money podcast, I
• 0:11
  Speaker 1: would like to acknowledge the traditional custodians of the land
• 0:14
  Speaker 1: of which this podcast is recorded on a wondery country,
• 0:18
  Speaker 1: acknowledging the elders, the ancestors and the next generation coming
• 0:22
  Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
• 0:27
  Speaker 1: and the storytelling of you to make a difference for
• 0:30
  Speaker 1: today and lasting impact for tomorrow.
• 0:33
  Speaker 2: Let's get into it.
• 0:34
  Speaker 3: She's on the Money, She's on the Money.
• 0:57
  Speaker 2: Hello, and welcome to She's on the Money the podcast
• 1:00
  Speaker 2: Let's you be pervy about other people's money habits educational
• 1:03
  Speaker 2: purposes of course. Welcome back to another one of our
• 1:06
  Speaker 2: Money Diaries episodes where I get the absolute pleasure of
• 1:09
  Speaker 2: sitting down and having a chat with one of our
• 1:11
  Speaker 2: She's on the Money community members all about their journey.
• 1:14
  Speaker 4: Now.
• 1:15
  Speaker 2: This week I got an email and it sounded exactly
• 1:18
  Speaker 2: like this, Dear Victoria and She's on the Money. I
• 1:22
  Speaker 2: am a recovered shopperholic. I used to have over five
• 1:25
  Speaker 2: thousand dollars in debt, payday loans and by now pay
• 1:28
  Speaker 2: later apps. Even though I had nice things, I felt
• 1:31
  Speaker 2: so depressed because I actually had no money. I was
• 1:34
  Speaker 2: afraid to tell my partner when we were still freshly
• 1:37
  Speaker 2: dating because he works in financial advice. Last year, I
• 1:41
  Speaker 2: made the decisions to get my finances right. I paid
• 1:44
  Speaker 2: back all my debt and I actually now have fifteen
• 1:47
  Speaker 2: thousand dollars saved towards a home deposit.
• 1:50
  Speaker 5: What the hell, that's so good? Thank you, congrats. Oh
• 1:55
  Speaker 5: my gosh.
• 1:55
  Speaker 2: I totally feel that I didn't tell my new partner
• 1:59
  Speaker 2: because I is embarrassed. I mean, it doesn't help that
• 2:02
  Speaker 2: he was a financial advisor, but I did the same thing,
• 2:05
  Speaker 2: Like I still had debt when I met my husband
• 2:07
  Speaker 2: and I was up, doesn't exist, can't talk about it,
• 2:09
  Speaker 2: don't know what you're talking about.
• 2:10
  Speaker 4: No, that was exactly how I felt.
• 2:12
  Speaker 5: And did you end up telling your partner?
• 2:14
  Speaker 4: Yeah, So we had been dating for a couple months
• 2:18
  Speaker 4: and we went and grabbed lunch at a cafe and
• 2:21
  Speaker 4: him being in finance, he hits me with her so
• 2:24
  Speaker 4: what's your financial stitch?
• 2:26
  Speaker 5: Like, oh god, did you just leave? Did you run out?
• 2:29
  Speaker 2: Of the restaurant, never to be seen again, because like
• 2:31
  Speaker 2: that would have been my worst nightmare.
• 2:33
  Speaker 4: I thought about it, honestly, like a big sire in
• 2:37
  Speaker 4: my brain. I was like, oh God, I knew that
• 2:39
  Speaker 4: this was coming.
• 2:40
  Speaker 2: I knew, yeah, this day was surely to come. I
• 2:43
  Speaker 2: have been busted.
• 2:45
  Speaker 4: I was so afraid to tell him, Look, your girl's
• 2:48
  Speaker 4: got a shopping problem and I spend way too much
• 2:52
  Speaker 4: money and I've got myself in this debt situation.
• 2:54
  Speaker 5: But I did what did you say? Did you say
• 2:57
  Speaker 5: something like that?
• 2:58
  Speaker 6: I said to him, Look, from being on, it's really bad.
• 3:02
  Speaker 4: I like to buy lots of things and I don't
• 3:05
  Speaker 4: know how to fix it.
• 3:06
  Speaker 2: That's really vulnerable though, Like that's really and I won't
• 3:10
  Speaker 2: say a make or break it's totally a make or
• 3:12
  Speaker 2: break situation though, Like because he could have been like, well,
• 3:15
  Speaker 2: I'm not interested in this, or he could have shown up.
• 3:18
  Speaker 4: I wouldn't have been surprised if he had said, can't
• 3:21
  Speaker 4: do it, like that's it for me. But he was
• 3:24
  Speaker 4: actually really really understanding about the situation, and he actually
• 3:30
  Speaker 4: said to me, look, I've been in similar situations myself
• 3:34
  Speaker 4: where I didn't have a lot of money. He didn't
• 3:36
  Speaker 4: have a shopping problem, but he used the paid a
• 3:40
  Speaker 4: loans to get by. And then I remember just asking him,
• 3:43
  Speaker 4: were like, how did you get yourself out of it?
• 3:45
  Speaker 4: Because I was sitting there with this man who works
• 3:49
  Speaker 4: in finance. He's got amazing financial literacy, it seems.
• 3:53
  Speaker 5: Like, and that would have been really overwhelming, so scary.
• 3:56
  Speaker 2: Yeah.
• 3:57
  Speaker 4: I was like, well, what's changed, Like how did you
• 3:59
  Speaker 4: turn an leave? And he basically just talked me through
• 4:02
  Speaker 4: what he did and I tried to apply the same
• 4:05
  Speaker 4: thing in my life and it really worked.
• 4:07
  Speaker 5: Oh my god, I love that.
• 4:09
  Speaker 2: And he like instead of you know, you being judged,
• 4:12
  Speaker 2: he actually was like, all right, so this is what
• 4:13
  Speaker 2: I did and this is how I did it, and
• 4:15
  Speaker 2: I'm going to help you too.
• 4:16
  Speaker 5: Oh what an icon?
• 4:17
  Speaker 6: Yeah exactly.
• 4:18
  Speaker 4: He actually kind of got like the finance side of him.
• 4:23
  Speaker 4: He got a bit excited about it, like almost like oh,
• 4:26
  Speaker 4: I can help you, Like.
• 4:27
  Speaker 5: I've got a game, there's a plan here.
• 4:29
  Speaker 6: Yeah. It was really cute.
• 4:31
  Speaker 2: I love that. I love that so much Money direst.
• 4:34
  Speaker 2: Before we get any further into the show, I need
• 4:36
  Speaker 2: to ask if I asked you to give your money
• 4:38
  Speaker 2: Habits a grade, what would you grade them from A
• 4:40
  Speaker 2: through to F.
• 4:41
  Speaker 4: Oh okay, if you had asked me this like a
• 4:44
  Speaker 4: yeogo would have been an F for sure, I'd say probably.
• 4:49
  Speaker 4: Now we're leaning more towards the B plus, so we've
• 4:51
  Speaker 4: gone up quite a few grades.
• 4:53
  Speaker 2: Oh, I love this, you definitely have. Now let's take
• 4:58
  Speaker 2: a step back. I want to know, can you tell
• 4:59
  Speaker 2: me a bit more about your money story?
• 5:02
  Speaker 6: Yeah, of course.
• 5:03
  Speaker 4: So my money story is an interesting one and it's
• 5:07
  Speaker 4: something that explains a lot about who I am today.
• 5:11
  Speaker 4: My family moved here to Australia when I was twelve,
• 5:16
  Speaker 4: and that was for more career opportunities because we were
• 5:20
  Speaker 4: living in New Zealand at this time in a small
• 5:23
  Speaker 4: town and weren't doing very well financially. But of course
• 5:27
  Speaker 4: the cost to upmove a whole family to a different
• 5:31
  Speaker 4: country is huge, so when we moved, my family struggled
• 5:37
  Speaker 4: quite a lot financially, and there were times so my
• 5:39
  Speaker 4: dad was in and out of work.
• 5:41
  Speaker 6: So I kind of learned to.
• 5:43
  Speaker 4: Live life like that, and I was always aware about finances.
• 5:47
  Speaker 4: I was aware about if we were going to lose
• 5:49
  Speaker 4: our home and things like that, like it was always
• 5:52
  Speaker 4: very talked about. But that meant that when I grew
• 5:57
  Speaker 4: up into an adult and I had my own life
• 6:01
  Speaker 4: and meant that I had to learn how to spend
• 6:04
  Speaker 4: that in a way. And I thought, well, you know,
• 6:07
  Speaker 4: I've grown up where money was scarce and I didn't
• 6:10
  Speaker 4: always have like the brand new things, the nicest things.
• 6:14
  Speaker 4: So I wanted to buy it all. I wanted everything.
• 6:16
  Speaker 2: Yeah, you wanted to treat yourself, I did.
• 6:18
  Speaker 4: And I lived in a real treat yourself mentality. But
• 6:21
  Speaker 4: it was spending way above my means. And I think
• 6:24
  Speaker 4: that's just because that was a world that I hadn't
• 6:26
  Speaker 4: lived before and it was new and exciting.
• 6:29
  Speaker 2: I totally understand that and resonate with that. I feel
• 6:32
  Speaker 2: like I even went through that, like that's I guess what,
• 6:35
  Speaker 2: because I've shared before that I got into astronomical amounts
• 6:38
  Speaker 2: of personal debt and it was so hard to get
• 6:40
  Speaker 2: out of. But like you kind of do, go, oh, well,
• 6:44
  Speaker 2: I never had it before, and now I'm an adult.
• 6:45
  Speaker 2: I can treat myself and I can make my own
• 6:47
  Speaker 2: decisions and I'm going to do this and I am
• 6:49
  Speaker 2: going to do that. Talk to me a bit more
• 6:51
  Speaker 2: about that, Like, was there ever a point where you
• 6:53
  Speaker 2: were like, oh, this is a bit much or like
• 6:56
  Speaker 2: where was the tipping point? Because when you wrote in
• 6:58
  Speaker 2: you said I used to have over five thousand when
• 7:01
  Speaker 2: it was at one thousand, were you like this is
• 7:03
  Speaker 2: bad or were you like, oh, it doesn't matter, Like
• 7:05
  Speaker 2: at what point did you go, oh, this probably isn't great.
• 7:08
  Speaker 4: I always thought it was bad, Like I always knew.
• 7:11
  Speaker 4: I had people telling me it was bad too, and
• 7:15
  Speaker 4: I was like, get off my case, like.
• 7:17
  Speaker 6: It's none of your business.
• 7:19
  Speaker 4: That kind of thing, like that was my mentality when
• 7:21
  Speaker 4: I was pretty young, like eighteen nineteen, was like, don't
• 7:25
  Speaker 4: talk to.
• 7:25
  Speaker 6: Me about it. I don't care.
• 7:28
  Speaker 4: And then interestingly enough, like during COVID, I had a
• 7:32
  Speaker 4: housemate and she was really cool and I had like
• 7:36
  Speaker 4: a bit of a breakdown about money because I was like,
• 7:38
  Speaker 4: I don't know where all my money's going. I get
• 7:41
  Speaker 4: paid and it's gone seconds later, and she was like
• 7:45
  Speaker 4: you should listen to she's on the money.
• 7:46
  Speaker 5: What an I can?
• 7:49
  Speaker 2: And then I'm like, Hi, it's me.
• 7:52
  Speaker 4: At the time, I was like, no, I can't be
• 7:55
  Speaker 4: doing that. That's not going to fix my problem.
• 7:57
  Speaker 2: And you know what, it's so funny because as someone
• 8:00
  Speaker 2: who went through literally what you're talking about, if you
• 8:03
  Speaker 2: had recommended to finance this podcast, I would be like
• 8:06
  Speaker 2: getting the bin.
• 8:07
  Speaker 5: Ye absolutely not. I'm not listening to that crap.
• 8:09
  Speaker 2: Like I'm not having some preachy girl who thinks she's
• 8:12
  Speaker 2: better than everybody else tell me how to run my money.
• 8:16
  Speaker 2: And now I'm like the girl telling you how to
• 8:18
  Speaker 2: run your money.
• 8:18
  Speaker 5: Sorry about that. How the tables do turn?
• 8:22
  Speaker 6: Yeah, So that's how I felt.
• 8:23
  Speaker 4: And then a few years later, I was like, oh
• 8:26
  Speaker 4: my god, I'm having another breakdown because it's the same thing.
• 8:30
  Speaker 6: It's been like this.
• 8:30
  Speaker 4: For a couple of years now, like I'm getting paid,
• 8:33
  Speaker 4: the money's done, and then I take another like payday
• 8:36
  Speaker 4: loan again, and then it's just a cycle. And I
• 8:39
  Speaker 4: felt so trapped and I was like, oh my god,
• 8:41
  Speaker 4: I can't.
• 8:42
  Speaker 6: I can't do this anymore.
• 8:43
  Speaker 4: That was when I hit the five K point. I
• 8:46
  Speaker 4: was like, this is absolutely ridiculous.
• 8:48
  Speaker 2: Five K feels like a significant number as well. It's
• 8:51
  Speaker 2: not four and a half grand, it's five thousand dollars.
• 8:54
  Speaker 4: It was five And I had written it down in
• 8:57
  Speaker 4: the back of my plan. I've written down how much
• 9:00
  Speaker 4: I was in and I've broken it down, and I
• 9:01
  Speaker 4: was looking at it like this is scary.
• 9:03
  Speaker 6: This is bad.
• 9:05
  Speaker 4: I think the beginning of the point where it was
• 9:08
  Speaker 4: like time to change was that when we sat down
• 9:11
  Speaker 4: at lunch, my partner and I, and he was like, well,
• 9:14
  Speaker 4: I've got a plan, and I.
• 9:15
  Speaker 2: Was like okay, oh, thank god.
• 9:17
  Speaker 4: And it was almost like this big like sense of relief,
• 9:20
  Speaker 4: like a big breath that I could take because there
• 9:23
  Speaker 4: was a plan and there was someone that knew how
• 9:26
  Speaker 4: to get me out of this, whereas up until then
• 9:28
  Speaker 4: I'd just been ignoring everyone because I didn't think that
• 9:32
  Speaker 4: anyone could help me.
• 9:33
  Speaker 6: I thought it was beyond help.
• 9:34
  Speaker 2: Really, yeah, totally. And so talk me through what then
• 9:39
  Speaker 2: that looked like, because like your partner said, look, I've
• 9:42
  Speaker 2: got a plan for you. What was the plan? How
• 9:44
  Speaker 2: did the plan work? Was it big and did it
• 9:46
  Speaker 2: involve balloons and champagne or was it slow and steady
• 9:49
  Speaker 2: or like, how did that work?
• 9:51
  Speaker 4: We took a slow and steady approach to it. It
• 9:54
  Speaker 4: was basically because I was feeling like I was stuck
• 9:57
  Speaker 4: in this cycle and I'd have no money when i'd
• 10:00
  Speaker 4: paid everything back. He said, just do fifty dollars less
• 10:04
  Speaker 4: each week, like pay it all back and then the
• 10:08
  Speaker 4: next time you need to draw out like a payday
• 10:11
  Speaker 4: loan fifty dollars less. And I did that significantly over
• 10:16
  Speaker 4: all of my over each pay cycle, and eventually it
• 10:20
  Speaker 4: didn't feel like, oh my god, all my money's gone.
• 10:23
  Speaker 4: It felt like, okay, only a little bit's gone. And
• 10:27
  Speaker 4: eventually got to the point where that was all paid off,
• 10:30
  Speaker 4: and I sort.
• 10:30
  Speaker 6: Of attacked it in chunks.
• 10:31
  Speaker 4: So I did like the payday loans as one sort
• 10:35
  Speaker 4: of thing, and I did the shopping.
• 10:36
  Speaker 6: Loans as another thing.
• 10:37
  Speaker 4: And it took me about a year to get through
• 10:40
  Speaker 4: all of it, but felt real good sense of relief
• 10:42
  Speaker 4: when it was all done. That's when we cracked the champagne.
• 10:46
  Speaker 5: Yeah good, I love that.
• 10:49
  Speaker 2: Could we talk a little bit more about getting into debt,
• 10:52
  Speaker 2: because like, there is no way if I sat you
• 10:54
  Speaker 2: down when you were younger and said, hey, babe, so
• 10:56
  Speaker 2: I've got this plan. I'm going to get you into
• 10:59
  Speaker 2: five grand of debts and you're going to feel crippled
• 11:01
  Speaker 2: by it. Deal, and you go, yeah, deal, Yeah, Like
• 11:04
  Speaker 2: that's not how it happens, right, Like you wouldn't have
• 11:06
  Speaker 2: ever applied for a payday loan or a line of
• 11:10
  Speaker 2: credit with the intention of being in bad debt. It
• 11:12
  Speaker 2: was always like blinkers on. We're looking at the grand prize,
• 11:15
  Speaker 2: which is clothes or shoes or something.
• 11:18
  Speaker 5: What were you buying?
• 11:20
  Speaker 2: Like, was it really expensive items? Was it you know,
• 11:23
  Speaker 2: things that are just adding up here and there, Like
• 11:26
  Speaker 2: I kind of also want to know, like what have
• 11:27
  Speaker 2: you got to show for it today?
• 11:29
  Speaker 4: To begin with, it was you know a few expensive
• 11:34
  Speaker 4: buy items, you know, things that cost a couple hundred dollars,
• 11:37
  Speaker 4: so shoes, clothes, outfits for festival, festival tickets, like that
• 11:42
  Speaker 4: kind of stuff. Towards the end, if I'm being really honest,
• 11:45
  Speaker 4: it got to the point where it was I'm using
• 11:48
  Speaker 4: after pay to get a cold S voucher or a
• 11:52
  Speaker 4: Wooly S voucher to get my groceries.
• 11:54
  Speaker 2: Yeah, because you were just like spending so much paying
• 11:57
  Speaker 2: back debt or not sure where your cash is going it.
• 12:00
  Speaker 2: That was the option, and that was like an.
• 12:02
  Speaker 6: All time low.
• 12:03
  Speaker 4: And I remember being in the shops and I overheard
• 12:06
  Speaker 4: a conversation and it with someone saying like they worked
• 12:10
  Speaker 4: at the grocery store and they were like picking fun
• 12:13
  Speaker 4: of someone who asked, oh, do you take after.
• 12:14
  Speaker 2: Pay literally getting the bin literally get in the bin.
• 12:17
  Speaker 4: I literally take out these after pays on gift cards
• 12:23
  Speaker 4: to get my groceries, and I was like, oh my god,
• 12:26
  Speaker 4: I've become the person they're making fun of.
• 12:28
  Speaker 2: See, you never know who's listening. You never know, and
• 12:31
  Speaker 2: that's awful, Like you never want to feel that way,
• 12:33
  Speaker 2: and nor do you ever want to make somebody else
• 12:35
  Speaker 2: feel that way.
• 12:36
  Speaker 4: No, God, No, that was like a huge wakeup call
• 12:40
  Speaker 4: for me. It was no longer. I was still buying
• 12:43
  Speaker 4: nice things and stuff, but it was no longer just
• 12:45
  Speaker 4: a tool to buy nice things. It was trickled throughout
• 12:48
  Speaker 4: my life. I feel like all of my friends were
• 12:52
  Speaker 4: so used to it as well, Like they'd be like, oh,
• 12:54
  Speaker 4: there's a festival coming up, you don't have money, just
• 12:56
  Speaker 4: have to pay it.
• 12:57
  Speaker 6: It's fine. It's like so normal. And that was conversation
• 13:00
  Speaker 6: that was around me.
• 13:01
  Speaker 2: Yeah, and then everybody else is doing it, and then
• 13:04
  Speaker 2: you don't want to miss out, so you still do it.
• 13:06
  Speaker 2: And I think that that is such a good example
• 13:09
  Speaker 2: of I say often on the podcast like personal loans
• 13:12
  Speaker 2: are a slippery slope, and it's because of exactly that.
• 13:15
  Speaker 2: It's not like, oh yeah, I got access to a
• 13:18
  Speaker 2: personal loan and then I was able to buy some
• 13:21
  Speaker 2: shoes and then I just kept buying shoes that you did,
• 13:25
  Speaker 2: but at what cost, at the cost of then not
• 13:28
  Speaker 2: being able to afford groceries, and we're now putting groceries
• 13:30
  Speaker 2: on debt, and then that becomes a vicious cycle because
• 13:33
  Speaker 2: if you can't get on top of that, you are
• 13:35
  Speaker 2: then paying debt on debt on debt on debt on debt,
• 13:38
  Speaker 2: and that feels like trash because you don't feel like
• 13:41
  Speaker 2: you can get out of that cycle because the way
• 13:44
  Speaker 2: that you're getting out of that cycle is going, Okay, cool,
• 13:46
  Speaker 2: well I'm not going to buy clothes or shoes or whatever. Cool,
• 13:48
  Speaker 2: you've probably banned yourself from that. But I also don't
• 13:51
  Speaker 2: have cash for groceries, so I'm going to get that.
• 13:53
  Speaker 2: But then next month, I'm paying back last month's groceries.
• 13:55
  Speaker 2: So how am I paying this month's groceries? Because then
• 13:58
  Speaker 2: it just spirals.
• 13:59
  Speaker 4: That's exactly how it went, and it was kind of scary,
• 14:02
  Speaker 4: to be honest.
• 14:03
  Speaker 2: It's terrifying, like and at the time it's not just terrifying,
• 14:08
  Speaker 2: it feels really embarrassing. It does, and it's not it's
• 14:11
  Speaker 2: absolutely not. You don't want to talk about it with
• 14:13
  Speaker 2: your friends, like because like just have to pay it.
• 14:15
  Speaker 2: It's fine, because that's the only conversation we'll ever have
• 14:17
  Speaker 2: about your debt. I'm never going to bring up a
• 14:19
  Speaker 2: breakfast or hey babe, like, have you paid back your
• 14:21
  Speaker 2: after pay? No one's going to ask you that, Hey,
• 14:23
  Speaker 2: are you struggling with crippling debt? No one's going to
• 14:26
  Speaker 2: ask that. They'll just say, just have to pay it,
• 14:28
  Speaker 2: it's fine.
• 14:29
  Speaker 4: That's why it was so interesting when we got to
• 14:32
  Speaker 4: the point where I was at lunch with my partner
• 14:34
  Speaker 4: and he just asked me, and I was like, well.
• 14:36
  Speaker 2: Oh yeah, US finance people are built different. I will
• 14:39
  Speaker 2: just be like, so, who what do you reckon about
• 14:41
  Speaker 2: the mortgage rates?
• 14:43
  Speaker 4: Oh?
• 14:43
  Speaker 5: What do you pay per month on your mortgage?
• 14:45
  Speaker 1: Oh? This?
• 14:45
  Speaker 5: Oh me too, Like we are crazy, we have no shame.
• 14:49
  Speaker 6: That is your branch conversation.
• 14:51
  Speaker 2: Yeah, Like I'm so grateful for it, but like, you
• 14:54
  Speaker 2: are so right. You said something before and I didn't
• 14:57
  Speaker 2: want to interrupt, but you said something along the lines
• 14:59
  Speaker 2: of like I was just spending way beyond my means,
• 15:02
  Speaker 2: and like that's literally all it means. Like it's not
• 15:04
  Speaker 2: a reflection of you not being good with money. It's
• 15:06
  Speaker 2: not reflection of anything other than you actually just spent
• 15:11
  Speaker 2: more than you earned, full stop, end of story. Like
• 15:13
  Speaker 2: that's the whole story, Like you just spent more money
• 15:16
  Speaker 2: than you earned, and we can actually fix that. So
• 15:18
  Speaker 2: now you're out of debt. You popped some champagne, Am
• 15:22
  Speaker 2: I right?
• 15:23
  Speaker 6: Yes, of course.
• 15:23
  Speaker 4: So it became like we had a bit of a
• 15:25
  Speaker 4: celebration when I made that final zip pay payment.
• 15:29
  Speaker 6: It felt huge.
• 15:30
  Speaker 2: I love this man, by the way, the fact that
• 15:32
  Speaker 2: he's celebrating with you, and I.
• 15:34
  Speaker 4: Can't absolutely like I got a good one.
• 15:37
  Speaker 2: I love this And so you've gone from being in
• 15:41
  Speaker 2: bad debt to now having fifteen grand safe for a
• 15:43
  Speaker 2: house deposit.
• 15:44
  Speaker 5: How the hell did you do that?
• 15:46
  Speaker 4: To be honest, I still think that sometimes I'm like,
• 15:48
  Speaker 4: how have I managed that? But it was a case
• 15:51
  Speaker 4: of basically growing my financial literacy and learning that there
• 15:56
  Speaker 4: are more than one way is to say, so I
• 16:00
  Speaker 4: want myself out of debt. And then I was like, okay, great,
• 16:03
  Speaker 4: Like I've got all this extra money, but I don't
• 16:06
  Speaker 4: want to just spend it.
• 16:07
  Speaker 6: I want to save it.
• 16:09
  Speaker 4: And so we sat down and I learned about things
• 16:14
  Speaker 4: like the first home super saver.
• 16:16
  Speaker 2: Yay, I'm so proud of you.
• 16:18
  Speaker 4: Like that week I went to the payroll at my workhouse,
• 16:21
  Speaker 4: I need you to set up like salary sacrificing to
• 16:24
  Speaker 4: my super and I've been increasing it like so just
• 16:27
  Speaker 4: like finding different ways to save and things that mean
• 16:31
  Speaker 4: that I can't touch it for shopping, like you know, it's.
• 16:34
  Speaker 6: Out of mind.
• 16:34
  Speaker 4: And I've learned to spend the money that I do
• 16:39
  Speaker 4: get and keep that aside.
• 16:40
  Speaker 2: Yeah, And I feel like I want to talk a
• 16:42
  Speaker 2: little bit more about the shopping side of things, because
• 16:45
  Speaker 2: it's not just oh, I wanted stuff, full stop, end
• 16:48
  Speaker 2: of story. Often and I'm going to ask you what
• 16:51
  Speaker 2: your experience was like. But often when people say, look,
• 16:54
  Speaker 2: I'm a recovering or a recovered shopaholic, there's a lot
• 16:58
  Speaker 2: more going on there just wanting some stuff because we
• 17:02
  Speaker 2: want stuff, But more often than not, people are chasing
• 17:05
  Speaker 2: that dopamine high like it is the only thing you
• 17:07
  Speaker 2: think about. It's the only thing, Like you've got something,
• 17:10
  Speaker 2: you have a package in the mail, and you're thinking
• 17:11
  Speaker 2: about when you're going to get the next package and
• 17:13
  Speaker 2: what else you're going to order. You live it, you
• 17:15
  Speaker 2: breathe it, like it's all you're thinking about when you
• 17:17
  Speaker 2: go to bed. Talk to me about that side of
• 17:20
  Speaker 2: the shopping spiral. Was that how you were feeling or
• 17:24
  Speaker 2: was it literally like IRV, I just spent more than
• 17:26
  Speaker 2: I earned? Or are you chasing dopamine? Like what did
• 17:29
  Speaker 2: that look like?
• 17:30
  Speaker 4: No, it was like an addiction, Like I was always
• 17:33
  Speaker 4: buying something new, and it was like you said, when
• 17:37
  Speaker 4: you wait for the package, you know, you're so excited,
• 17:40
  Speaker 4: you're tracking it every moment, like you're getting these emails
• 17:43
  Speaker 4: in your inbox of all these new sales and stuff,
• 17:46
  Speaker 4: and like, to me, that mindset still hasn't disappeared, if
• 17:52
  Speaker 4: I'm honest, like, I still get that.
• 17:54
  Speaker 2: It doesn't. I'm sorry to ruin that for you.
• 17:56
  Speaker 6: It's not going to go away.
• 17:58
  Speaker 5: We just have to reframe it and work out how
• 18:00
  Speaker 5: channel that.
• 18:00
  Speaker 4: Yeah, so, like I find myself off for now. Instead,
• 18:04
  Speaker 4: I'll just start a big online cut and I won't
• 18:07
  Speaker 4: buy anything. I'll just add everything that I think's cute,
• 18:10
  Speaker 4: And then often a couple days later, I'll look at
• 18:13
  Speaker 4: that cut and you're like, I don't even really like that.
• 18:16
  Speaker 2: Yeah, that's fair. That's a humbling experience, isn't it. You're like, Oh,
• 18:21
  Speaker 2: that could have easily ended up in my wardrobe without
• 18:23
  Speaker 2: further consultation.
• 18:25
  Speaker 6: Yeah, exactly.
• 18:26
  Speaker 4: So like that side of things doesn't change, and I
• 18:29
  Speaker 4: still often feel it, But it's about having the impulse
• 18:35
  Speaker 4: control to like hit the purchase button or not.
• 18:38
  Speaker 2: And is there a particular time or a particular experience
• 18:41
  Speaker 2: that you go through where that's stronger than any other time?
• 18:44
  Speaker 6: Just before bed nighttime?
• 18:46
  Speaker 4: It's like when you're scrolling and you see things on
• 18:49
  Speaker 4: Instagram or you see things on TikTok and you're like, oh,
• 18:51
  Speaker 4: that would be cute, and then you open your online
• 18:54
  Speaker 4: shopping and it's like it's a whole spiral in the
• 18:57
  Speaker 4: evening because you've done your day of work and want
• 19:00
  Speaker 4: to like unlined and shop.
• 19:02
  Speaker 2: Yeah that's so fair. I so get it. I need
• 19:05
  Speaker 2: to know more about you, though, So I want to know,
• 19:08
  Speaker 2: now what do you do for work? How much money
• 19:10
  Speaker 2: are you earning?
• 19:11
  Speaker 4: Alrighty, so, I am a facilities and asset coordinator for
• 19:18
  Speaker 4: a clinical research company and I earn eighty thousand dollars
• 19:23
  Speaker 4: a year.
• 19:24
  Speaker 2: Talk to me, what is the facilities an asset manager?
• 19:26
  Speaker 2: I'm so sorry, am I am? I completely out of
• 19:29
  Speaker 2: the loop.
• 19:30
  Speaker 4: I also didn't know what that was until like a
• 19:33
  Speaker 4: year ago. So basically we look after buildings, the maintenance,
• 19:38
  Speaker 4: and then we organize all of that and anything inside them,
• 19:42
  Speaker 4: so medical equipment, making sure that's alsoviced and up to date.
• 19:46
  Speaker 6: Oh cool, Yeah, that's what I do.
• 19:48
  Speaker 5: Well, that's kind of fun. And you enjoy what you do.
• 19:50
  Speaker 4: Yeah, I love it. It's great, gives me, gives me
• 19:53
  Speaker 4: stuff to do.
• 19:53
  Speaker 5: And is that eighty K including or plus super?
• 19:56
  Speaker 6: Oh yeah plus super?
• 19:57
  Speaker 4: Sorry?
• 19:57
  Speaker 5: Oh, very sexy. So now talk to me.
• 20:01
  Speaker 2: You obviously had the big money goal of getting out
• 20:04
  Speaker 2: of debt and you killed it, and then in your
• 20:07
  Speaker 2: submission in you said, I also now have fifteen thousand
• 20:10
  Speaker 2: dollars to go towards a home deposit. Talk to me
• 20:13
  Speaker 2: about that. What's that looking like? Is that your big
• 20:15
  Speaker 2: money goal at the moment? Like, how far have we
• 20:17
  Speaker 2: got to go? Tell me all the stories about all
• 20:20
  Speaker 2: the goals.
• 20:20
  Speaker 6: Okay, so we are actually very close.
• 20:23
  Speaker 4: So this is a finance goal between myself and my
• 20:26
  Speaker 4: partner together on joint income, which is very exciting. Our
• 20:32
  Speaker 4: goal is seventy K and we are on track to
• 20:37
  Speaker 4: be there by November December this year.
• 20:41
  Speaker 5: No, you're not that soon.
• 20:43
  Speaker 6: Yeah, I know, it's very exciting.
• 20:45
  Speaker 2: And then what's the plan is that, like a twenty
• 20:47
  Speaker 2: percent deposit? Is that ten percent? Like, what are we
• 20:49
  Speaker 2: doing once we hit the seventy grand?
• 20:51
  Speaker 4: Okay, so seventy grand is just under ten percent for
• 20:56
  Speaker 4: what we're looking at, and we're going to cop the
• 20:59
  Speaker 4: LMI basically just because here in Perth, like the housing
• 21:02
  Speaker 4: market has started to rapidly grow, so we want to
• 21:06
  Speaker 4: get in there as soon as we can, because if
• 21:08
  Speaker 4: we waited and saved until we had ten twenty percent,
• 21:11
  Speaker 4: that'd be no chance of getting into a home.
• 21:14
  Speaker 5: Now, how'd you learn that?
• 21:15
  Speaker 2: Because that's something that I talk about on the daily
• 21:19
  Speaker 2: right because I own a mortgage broking business. Did you
• 21:22
  Speaker 2: speak to a mortgage broker? Is your partner just really
• 21:24
  Speaker 2: financially savvy and knew like how to do the maths
• 21:27
  Speaker 2: and work out what LMI might look like and what
• 21:29
  Speaker 2: would that look like? Like, where'd you get this information?
• 21:32
  Speaker 2: My love?
• 21:32
  Speaker 6: My dad is a mortgage broker.
• 21:34
  Speaker 2: Oh winn a winner. I was like, where are you
• 21:37
  Speaker 2: getting this? Because a mortgage broker has clearly how to
• 21:39
  Speaker 2: chat with you about the importance of LMI and whether
• 21:42
  Speaker 2: we pay it or don't pay it. Because some people
• 21:44
  Speaker 2: are so avoidant of it, but it can mean sometimes
• 21:47
  Speaker 2: you can get into property quicker. And like I just
• 21:50
  Speaker 2: finished recording another money diary, because I don't think it's
• 21:53
  Speaker 2: a secret that I sometimes do a couple in a
• 21:55
  Speaker 2: day this money. Diris bought her house for three hundred
• 21:59
  Speaker 2: and seventy five thousand dollars during COVID and is now
• 22:02
  Speaker 2: worth nine hundred and fifty thousand dollars. And if she
• 22:06
  Speaker 2: had waited until she had the twenty percent deposit, do
• 22:09
  Speaker 2: you think she would have got that? No?
• 22:11
  Speaker 6: No, that's the thing.
• 22:13
  Speaker 2: And I'm not saying that all property grows like that.
• 22:14
  Speaker 2: That's absolutely not the case. But it's just it's so
• 22:17
  Speaker 2: important to understand what risk actually means and is that
• 22:21
  Speaker 2: risk of LMI worth taking on?
• 22:23
  Speaker 6: Yeah, exactly.
• 22:24
  Speaker 4: So we've just decided that with where we are, it's
• 22:29
  Speaker 4: we don't mind taking that on. It'll fast track our
• 22:31
  Speaker 4: process into getting into a home, which is the major goal.
• 22:34
  Speaker 2: I'm obsessed.
• 22:36
  Speaker 5: I love that for you.
• 22:37
  Speaker 2: And then you've got like an area that you're going
• 22:39
  Speaker 2: to go shopping and have a look at, and you
• 22:41
  Speaker 2: kind of got an idea of what you guys want
• 22:43
  Speaker 2: to buy.
• 22:43
  Speaker 5: Is that right?
• 22:44
  Speaker 4: Yeah, So we've been having a look like my guilty
• 22:47
  Speaker 4: pleasure is looking at the housing market on almost a
• 22:50
  Speaker 4: daily daily space.
• 22:52
  Speaker 2: I'm not even shopping for a house right now, and
• 22:54
  Speaker 2: I have the real estate and domain notifications popping up
• 22:56
  Speaker 2: on my phone on the daily. I regret nothing.
• 22:59
  Speaker 6: It's like, Okay, this is what you're working towards. This
• 23:02
  Speaker 6: could be.
• 23:03
  Speaker 2: Yours, like, and I love checking the sold section and
• 23:05
  Speaker 2: I'm like, oh, I would not have paid that. You
• 23:08
  Speaker 2: don't have six million dollars. You were never even close.
• 23:11
  Speaker 6: Yeah, exactly.
• 23:13
  Speaker 4: So we've got an area, like it's sort of an
• 23:16
  Speaker 4: area in mind that's close to his family and my family,
• 23:19
  Speaker 4: and we're looking at a fullway two.
• 23:22
  Speaker 5: This is so cute. Oh, I love it. And then
• 23:27
  Speaker 5: the goal is to buy a home.
• 23:28
  Speaker 2: Have you thought about goals after that or have we
• 23:30
  Speaker 2: just got like our heads down, bums up and we're
• 23:33
  Speaker 2: just getting that done and we can talk later, or
• 23:35
  Speaker 2: are there other things happening along the sides.
• 23:37
  Speaker 4: So right now it's hustle house of hustle house is
• 23:40
  Speaker 4: the goal, But we have discussed like what our goals
• 23:44
  Speaker 4: are like after we've obtained the house, because we're actually
• 23:49
  Speaker 4: saving so much now, but even with the mortgage, like
• 23:52
  Speaker 4: our cash flow will increase when we have our house,
• 23:57
  Speaker 4: so you know, we want to do a little bit
• 23:59
  Speaker 4: of travel. Is we have put that off while we've
• 24:02
  Speaker 4: been on this savings journey as well. And I just
• 24:05
  Speaker 4: got engaged. Actually a couple of weeks.
• 24:08
  Speaker 5: I spot that on your finger and was going to us.
• 24:11
  Speaker 2: Because I was like, boyfriend, show me that ring, show
• 24:15
  Speaker 2: me show me yesure, Oh my god, that is so cute.
• 24:20
  Speaker 6: Thank you.
• 24:21
  Speaker 2: It was his NaN's no, what was it?
• 24:23
  Speaker 6: It was? And I think that's so sweet.
• 24:26
  Speaker 5: Nan had good taste.
• 24:27
  Speaker 6: I know. I'm so thankful.
• 24:29
  Speaker 5: We'll be for real. And that cut what's it called?
• 24:32
  Speaker 5: Is it a market diamond?
• 24:34
  Speaker 4: Yeah?
• 24:34
  Speaker 5: Yeah, that is very on trend at the moment it is.
• 24:37
  Speaker 5: I'm like, oh, thank you, Nan, and.
• 24:39
  Speaker 2: It's said gorgeously thank you. So the plan for all
• 24:43
  Speaker 2: wedding what does that look like?
• 24:45
  Speaker 4: So we're giving ourselves a couple of years until we
• 24:48
  Speaker 4: get married. So twenty twenty seven is the goal, because
• 24:53
  Speaker 4: otherwise it's just going to be too difficult to save
• 24:57
  Speaker 4: that amount because weddings are expensive, and even if you
• 25:00
  Speaker 4: don't want to go crazy wild with it, they just are.
• 25:03
  Speaker 6: They just are expensive.
• 25:04
  Speaker 2: I like that you seem to have your head screwed
• 25:06
  Speaker 2: on about this as well, because you can just get
• 25:08
  Speaker 2: so swept up in like, but I just got engaged
• 25:11
  Speaker 2: and I really want to get married, but you have
• 25:13
  Speaker 2: so much time ahead of you, and like that would
• 25:14
  Speaker 2: just put unnecessary financial pressure on you, exactly.
• 25:17
  Speaker 4: So we're just focusing on getting into the house and
• 25:20
  Speaker 4: then the wedding will come like in due time after that.
• 25:23
  Speaker 2: Oh I love this sea. She met him in debt
• 25:26
  Speaker 2: and now they're getting married.
• 25:28
  Speaker 4: I know it's crazy, and I wouldn't dream of getting
• 25:32
  Speaker 4: in any debt on a wedding.
• 25:33
  Speaker 2: No, no, no, no no. I feel like you're not able
• 25:36
  Speaker 2: to marry into a financial advisors family and get into
• 25:39
  Speaker 2: debt on the wedding. Like that's just not going to happen.
• 25:41
  Speaker 2: I don't think even if you wanted to try it,
• 25:43
  Speaker 2: your partner would be like absolutely.
• 25:45
  Speaker 6: Not, absolutely not. No no.
• 25:47
  Speaker 2: Yeah, yeah, So I feel like he's going to keep
• 25:49
  Speaker 2: you kind of on the straight and narrow too, I think, so, yeah,
• 25:52
  Speaker 2: I love that. So let's go to a really quick
• 25:54
  Speaker 2: break on the flip side. I want to talk about investing.
• 25:57
  Speaker 2: I want to talk about debt a little bit more.
• 25:59
  Speaker 2: And you're good and bad money habitat you guys don't
• 26:02
  Speaker 2: go anywhere. All right, muddy diarist, We are back and
• 26:10
  Speaker 2: you've just gotten engaged to a financial advisor. Let's talk investments.
• 26:14
  Speaker 2: Are these conversations that happen around your household? Or is
• 26:17
  Speaker 2: it all just about saving for a property like talk
• 26:19
  Speaker 2: to me?
• 26:20
  Speaker 6: Okay.
• 26:20
  Speaker 4: So I had no clue of investments prior to but
• 26:25
  Speaker 4: I have since then learnt a lot. So I now
• 26:29
  Speaker 4: invest in a couple of things. I use the raised
• 26:33
  Speaker 4: roundups tool yep, love, and I only started that recently,
• 26:37
  Speaker 4: and that's sitting at a couple hundred dollars now, So
• 26:39
  Speaker 4: that's a really good little one there. I don't even
• 26:42
  Speaker 4: notice comes out of my account really. And then the
• 26:46
  Speaker 4: other one that I am invested in is a high
• 26:50
  Speaker 4: growth index fund with Vanguard.
• 26:52
  Speaker 2: Yep love, who told you to get that?
• 26:54
  Speaker 4: That was also my partner, He suggested it.
• 26:57
  Speaker 2: So this man is setting you up for future financial success,
• 27:00
  Speaker 2: with or without him an icon, I think so.
• 27:02
  Speaker 4: Like, I'm just so thankful for the education because it's
• 27:07
  Speaker 4: not something that the average person knows about, and I
• 27:11
  Speaker 4: am the average person when it comes to finance. I
• 27:14
  Speaker 4: had no clue that there's this whole other world of
• 27:18
  Speaker 4: investing of ways to save. I mean, like my savings
• 27:23
  Speaker 4: right now are sitting in an investment portfolio, so that
• 27:26
  Speaker 4: will grow, and that's just really exciting to look at
• 27:29
  Speaker 4: it and go, Wow, I did that.
• 27:30
  Speaker 2: It's just so gratifying, going this is not who I
• 27:33
  Speaker 2: thought i'd ever become, and I'm really proud of who
• 27:35
  Speaker 2: she is now. Like, isn't it cool to just step
• 27:38
  Speaker 2: back and be like, holy moly, Like I didn't think
• 27:41
  Speaker 2: i'd be.
• 27:41
  Speaker 4: Here bigtime, Like I had no idea that I was
• 27:44
  Speaker 4: going to be somebody who actually had savings.
• 27:48
  Speaker 2: That's sexy. That is very sexy. I love that money. Diarist,
• 27:53
  Speaker 2: talk to me about debt. Now, do you think you'd
• 27:55
  Speaker 2: ever go back into debt?
• 27:56
  Speaker 4: I don't think you would ever go back into shopping
• 27:59
  Speaker 4: debt or anything like that. I do still have a
• 28:03
  Speaker 4: car loan that i'm paying off, so unfortunately I'm not
• 28:07
  Speaker 4: fully debt free. But that one's a bit of a
• 28:10
  Speaker 4: large one that is going to take a bit of time.
• 28:12
  Speaker 6: I've got a year left on that one.
• 28:14
  Speaker 2: Oh okay, that's not too long. You'll be out of
• 28:16
  Speaker 2: it before you get married, yeah, which is exciting.
• 28:19
  Speaker 4: So there's that, and then like I've just started journey,
• 28:23
  Speaker 4: so a hex step may creep up on me as well.
• 28:26
  Speaker 2: But that's education. That's very different to a debt for shopping.
• 28:31
  Speaker 6: I think. So.
• 28:32
  Speaker 2: I love that, So talk to me a bit more.
• 28:34
  Speaker 5: I reckon.
• 28:35
  Speaker 2: You've developed a number of good money habits over the
• 28:37
  Speaker 2: last few months. What do you think your best money
• 28:39
  Speaker 2: habit is.
• 28:40
  Speaker 4: I would say that my best money habit is probably
• 28:46
  Speaker 4: the fact that when I get paid now, the first
• 28:50
  Speaker 4: thing that happens is my money goes into my investments,
• 28:54
  Speaker 4: into my savings. That happens before anything else.
• 28:58
  Speaker 6: It's like highly proitize.
• 29:00
  Speaker 4: Now.
• 29:00
  Speaker 2: I love that. And do you still have any bad
• 29:03
  Speaker 2: money habits? If so, what are they? Please spill?
• 29:06
  Speaker 4: Oh, book, I'm work in an office, so I buy
• 29:09
  Speaker 4: a lot of coffees. The way that I've managed that, though,
• 29:12
  Speaker 4: is that I can sorry package and meal an entertainment card.
• 29:16
  Speaker 4: Oh smart, So I use that as like my coffee
• 29:20
  Speaker 4: and lunches allowance.
• 29:21
  Speaker 5: Yeah, oh how good.
• 29:22
  Speaker 2: At least you're being smart with it, because, like I
• 29:24
  Speaker 2: think for some of us, we're like, I shouldn't do
• 29:26
  Speaker 2: this at all, and then every week we're still doing it.
• 29:28
  Speaker 2: At least you're being smart with it.
• 29:29
  Speaker 4: Yeah, and then I don't want that guilt of like
• 29:31
  Speaker 4: feeling bad for going to get a coffee and stuff,
• 29:34
  Speaker 4: because it is also quite like a social thing and
• 29:36
  Speaker 4: it helps when it comes to work and the people
• 29:39
  Speaker 4: that you work with. So I wanted to be able
• 29:41
  Speaker 4: to go get my coffee and it not feel like
• 29:45
  Speaker 4: I'm being bad.
• 29:47
  Speaker 6: Yeah.
• 29:48
  Speaker 2: No, I love that, and I love that it's like
• 29:49
  Speaker 2: kind of built into your budget that way, and it
• 29:52
  Speaker 2: just makes sense money. Diarist, talk me through a little
• 29:56
  Speaker 2: bit more about this B plus. So at the start
• 29:59
  Speaker 2: of episode you were like, I reckon, I'm a B
• 30:01
  Speaker 2: plus And like, girl, you have come so far. You
• 30:04
  Speaker 2: said twelve months ago you would have been an F
• 30:06
  Speaker 2: and now you think you'll be a B plus. But like,
• 30:08
  Speaker 2: what do you think? Like, I feel like you're well
• 30:10
  Speaker 2: on the way, Like you've got this house, deposit savings,
• 30:12
  Speaker 2: You've got shit together, basically, Like what would it take
• 30:15
  Speaker 2: for you to say.
• 30:16
  Speaker 5: V I'm an A? Like what do we have to change?
• 30:18
  Speaker 4: I think I'm just afraid to give myself an A
• 30:22
  Speaker 4: in case I fall back into like I'll.
• 30:24
  Speaker 5: Give you an A if that's it, I'm going to
• 30:26
  Speaker 5: give you the A.
• 30:27
  Speaker 2: I think you're doing so well, like you have changed
• 30:30
  Speaker 2: so much, all your habits is so good. I'm like,
• 30:33
  Speaker 2: I don't want to argue with her because like she's
• 30:35
  Speaker 2: had a really good growth.
• 30:36
  Speaker 5: Over the last two months.
• 30:36
  Speaker 2: If you're saying it's just because you don't want to
• 30:38
  Speaker 2: give yourself an A girl, girl, you are an A
• 30:41
  Speaker 2: and you need to give it to yourself.
• 30:44
  Speaker 6: Thank you.
• 30:44
  Speaker 4: I just just in case I like fall into like
• 30:47
  Speaker 4: a bad habit, I don't want to like disappoint myself.
• 30:49
  Speaker 2: For you can fall into a bad habit. We can
• 30:51
  Speaker 2: go backwards, but then we can go forwards again. We
• 30:54
  Speaker 2: can go back and forwards. Like there's no perfect Like
• 30:58
  Speaker 2: I don't know if people pay heaps and heaps of
• 31:01
  Speaker 2: attention to the grades on the show, but for me,
• 31:04
  Speaker 2: it's a lot about personal growth. It's not so much
• 31:06
  Speaker 2: about grading because like there's no real criteria, right, Like
• 31:10
  Speaker 2: I go, how do you feel about it? And you go,
• 31:12
  Speaker 2: I reckon, I'm a B plus they go, great, tell
• 31:14
  Speaker 2: me about it. And then we get through this show,
• 31:17
  Speaker 2: and then we get to the end of it. And
• 31:19
  Speaker 2: more often than not, you know, we've had some people
• 31:22
  Speaker 2: who are genuinely pretty on the money with their money
• 31:25
  Speaker 2: habits and their grade. But then we get people like
• 31:28
  Speaker 2: you consistently who we're women, and we consistently undervalue ourselves
• 31:33
  Speaker 2: and go, oh, well, just be a little bit behigh,
• 31:36
  Speaker 2: like I wouldn't be in a I wouldn't want to
• 31:38
  Speaker 2: give myself an A. And we reframe it and you
• 31:40
  Speaker 2: go hold on probably being a little bit critical or
• 31:43
  Speaker 2: a little bit harsh because it's it's not a set. Instead,
• 31:46
  Speaker 2: there's no criteria, like there's no shees on the money
• 31:49
  Speaker 2: criteria and they never will be of how to create
• 31:52
  Speaker 2: an A. But it's how you see yourself. And I
• 31:55
  Speaker 2: think it's just give yourself the credit, babe, like you
• 31:58
  Speaker 2: deserve too, like pop more champagne more often.
• 32:01
  Speaker 6: Thank you, thank you.
• 32:03
  Speaker 5: I love it.
• 32:03
  Speaker 2: Oh my goodness. I wish I had more time to
• 32:06
  Speaker 2: chat with you because I think that we'd get on
• 32:07
  Speaker 2: so well in real life, but unfortunately we are running
• 32:10
  Speaker 2: out of time. So thank you so much for sharing
• 32:13
  Speaker 2: your money. I'm obsessed, like I just know that other
• 32:15
  Speaker 2: people are going to listen to this and go, oh
• 32:16
  Speaker 2: my goodness, I getting so relate to this shopping habit
• 32:19
  Speaker 2: or even our conversation about spiraling out of control. And
• 32:23
  Speaker 2: then we're buying grocery vouchers, like it happens, it can
• 32:27
  Speaker 2: happen to the best of us. And I think that
• 32:29
  Speaker 2: you are so articulate and come across as so intelligent
• 32:32
  Speaker 2: that it's like, can literally happen to anyone.
• 32:34
  Speaker 5: Guys, like, it's.
• 32:35
  Speaker 2: A slippery slope. And when I say that it's not,
• 32:38
  Speaker 2: Oh yeah, it's a slippery slope, you'll end up buying
• 32:40
  Speaker 2: heaps of shoes. That's not it at all. No, And
• 32:43
  Speaker 2: so I think this has been a really beautiful story
• 32:45
  Speaker 2: to like share that with people and then also share that,
• 32:48
  Speaker 2: like so many things I've gotten out of this, you
• 32:50
  Speaker 2: can get into a relationship and be in debt and
• 32:52
  Speaker 2: it be fine. How many times have we like thought, oh, no,
• 32:56
  Speaker 2: I can't do that.
• 32:57
  Speaker 5: I shouldn't be dating. I'm in personal debt.
• 33:00
  Speaker 2: Commute here i am, and I'm married to the husband
• 33:02
  Speaker 2: that I met on Tinder while in debt. Yeah. I
• 33:05
  Speaker 2: just feel like I have learned a lot from you,
• 33:07
  Speaker 2: and I'm really grateful for it. So money, DRIs, thank you,
• 33:09
  Speaker 2: and I just know that the community is going to
• 33:11
  Speaker 2: be as obsessed as I am.
• 33:12
  Speaker 6: Thank you so much.
• 33:13
  Speaker 4: It's been so nice to be able to share my story.
• 33:15
  Speaker 5: Oh I'm so grateful. Thank you.
• 33:24
  Speaker 2: The advice shared on She's on the Money is general
• 33:26
  Speaker 2: in nature and does not consider your individual circumstances. She's
• 33:30
  Speaker 2: on the Money exists purely for educational purposes and should
• 33:34
  Speaker 2: not be relied upon to make an investment or financial decision.
• 33:37
  Speaker 5: If you do choose to buy a financial.
• 33:39
  Speaker 7: Product, read the PDS TMD and obtain appropriate financial.
• 33:43
  Speaker 2: Advice tailored towards your needs.
• 33:45
  Speaker 7: Victoria Divine and She's on the Money are authorized representatives
• 33:49
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• 33:53
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