Latest / She's On The Money / She Left Her Husband With $12K and Two Suitcases... Now She’s Worth Six Figures

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She Left Her Husband With $12K and Two Suitcases... Now She’s Worth Six Figures · She's On The Money

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  Speaker 1: My name's Aatasha Bamblet. I'm a proud First Nations woman
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  Speaker 1: and I'm here to acknowledge country t Glenn Young Ganya, Niana,
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  Speaker 1: Kaka yah y and beIN Ahaka Nian our gay In Nimbina,
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  Speaker 1: yakarum jar Dominyama, Doma Itawakaman damon Imlan Bomber bang Gadabomba
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  Speaker 1: in and now in wakah ghana on yak rum jar Watnadaa. Hello,
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  Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.
• 0:26
  Speaker 1: We thank acknowledge and respect the Aberiginal people's land that
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  Speaker 1: we're gathering on today. Take pleasure in all the land
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  Speaker 1: and respect all that you see. She's on the Money
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  Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,
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  Speaker 1: knowledge and resources for you to thrive.
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  Speaker 2: She's on the Money.
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  Speaker 3: She's on the Money.
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  Speaker 4: Hello, and welcome to She's on the Money, the podcast
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  Speaker 4: that lets you be pervy about other people's money circumstances
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  Speaker 4: for educational purposes, of course. Welcome back to another one
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  Speaker 4: of our money daries where I get the absolute pleasure
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  Speaker 4: to sit down and talk with one of our incredible
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  Speaker 4: She's on the Money community members all about their journey.
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  Speaker 4: Let's jump straight into it, because this week I got
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  Speaker 4: a message and it sounded exactly like this. Hi, she's
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  Speaker 4: on the money. I have a money story that shows
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  Speaker 4: that life really doesn't move in a straight line. My
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  Speaker 4: story is all about growing up in a household with
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  Speaker 4: a pretty toxic dad, but ending up repeating the exact
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  Speaker 4: same cycle with my first spoiler alert husband. It's also
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  Speaker 4: about moving to the other side of the world on
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  Speaker 4: a total whim and starting again from scratch financially, not once,
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  Speaker 4: but twice at twenty five and then again at thirty
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  Speaker 4: years old. All of that now to be in an
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  Speaker 4: amazing relationship with someone who is on exactly the same
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  Speaker 4: page as me, but also navigating what it's like to
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  Speaker 4: start big joint financial goals when you come with such
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  Speaker 4: big baggage of people taking advantage of you in the past.
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  Speaker 4: I am very excited for this money diary. Welcome to
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  Speaker 4: the show Money Diarist. Hi, I just feel like I've
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  Speaker 4: got so many questions like toxic dad, okay, toxic husband,
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  Speaker 4: oh goosey, Like then you've moved across the world, not
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  Speaker 4: once but twice, Like girl, that sounds expensive. I just
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  Speaker 4: have lots of questions.
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  Speaker 2: Yeah, that's a lot.
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  Speaker 4: Yeah, yeah, like, and I'm glad that you're like, hey girl,
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  Speaker 4: I'm so willing to share this with the community. Before
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  Speaker 4: we get there, though, If I asked you to rate
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  Speaker 4: your money habits on a scale from A three to
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  Speaker 4: F what would you rate them?
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  Speaker 2: I think at this stage I would probably give myself
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  Speaker 2: a minus.
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  Speaker 4: Okay, I love this, I love this. I have some
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  Speaker 4: questions about it doesn't seem like it would take much
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  Speaker 4: to get to an A plus. What would that look like?
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  Speaker 4: But let's that for the end of the show, my friend,
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  Speaker 4: let's dive further in. I want to know, tell me
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  Speaker 4: more about growing up in a household where you had
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  Speaker 4: a pretty toxic data less go from there.
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  Speaker 2: Yes, so obviously it's something that maybe didn't pack me
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  Speaker 2: growing up, but that I reflected upon afterwards, realizing you
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  Speaker 2: know the truth behind it, especially when it comes to
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  Speaker 2: money story. We didn't talk much about money growing up,
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  Speaker 2: which you know is not the healthiest in itself.
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  Speaker 4: It's also really common, yes.
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  Speaker 2: Very common, and I think so. I'm French, and especially
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  Speaker 2: in France still now, money is very taboo. It's not
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  Speaker 2: something that people openly discuss, so I knew that my
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  Speaker 2: mom was the bread winner. Mom had quite a good
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  Speaker 2: job and was making a decent amount of money. Dad
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  Speaker 2: not so much. She was a government employee, but probably
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  Speaker 2: more on the lower side of the wages. And what
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  Speaker 2: was happening is that my mom would try to save
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  Speaker 2: and save and save, and then my dad would go
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  Speaker 2: and spend and spend and.
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  Speaker 4: Spend so and she was working so hard.
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  Speaker 2: Yeah, she was working so hard, like crazy hours. And
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  Speaker 2: in hindsight, it breaks my heart to realize what was happening.
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  Speaker 2: And you know, obviously, as I said, growing up, I
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  Speaker 2: didn't really realize. And then my dad was so very
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  Speaker 2: good at taking advantage of that. It would do the
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  Speaker 2: same with his mom, just show up at my grandma's,
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  Speaker 2: bought a credit card, and just spend very good at
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  Speaker 2: spending other people's money. In hindsight, there's definitely some things
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  Speaker 2: going there. There's definitely some diagnosed ADHD on my dad,
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  Speaker 2: because I am diagnosed myself.
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  Speaker 4: Yeah, yeah, the apple never falls that far from the tree.
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  Speaker 4: I don't want to hear that though, do they.
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  Speaker 2: No, absolutely not. But there's definitely some impulse spending. It
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  Speaker 2: would change cars every six months and buy a new
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  Speaker 2: car all the time and constantly spending on things. So
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  Speaker 2: it's only talking to my mom later on that she
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  Speaker 2: told me that, you know, like even though she wasn't
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  Speaker 2: a good income, our account would be in the red
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  Speaker 2: at the end of each months because like in France
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  Speaker 2: you can go under it. We don't have the same
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  Speaker 2: credit card system, so you have a debit carbage can
• 5:02
  Speaker 2: spend more that's on your account, like yeah, and so yeah,
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  Speaker 2: she told me that. Yeah, she often spent time negotiating
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  Speaker 2: with the banks and all those kind of things, even
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  Speaker 2: though the money was there. My dad was just quicker
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  Speaker 2: at spending in that we were earning it.
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  Speaker 4: No, especially if she's working so hard and then trying
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  Speaker 4: to bring new guys up. It would have been like
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  Speaker 4: having a thirty responsible child.
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  Speaker 2: Oh, I think worse than that, really, it's yeah, yeah,
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  Speaker 2: So my parents separated when I was in my early twenties,
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  Speaker 2: which was hard, but once again I think I wish
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  Speaker 2: it had happened earlier. I think for my mom's sake,
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  Speaker 2: I wish she would have found that piece earlier. But
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  Speaker 2: so they separated. That was about I think twenty two,
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  Speaker 2: and it was right at the time when I met
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  Speaker 2: the person who would become my husband, well my first husband,
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  Speaker 2: so that relationship was also not the healthiest and I
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  Speaker 2: ended up. You know what they say, we like sometimes
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  Speaker 2: they say, you marry your dad. That's roughly what happened.
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  Speaker 4: It's great advice if you have a fantastic dad, Like
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  Speaker 4: great advice, terrible advice if your dad was irresponsible. But
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  Speaker 4: it's funny because it's very true. And in like the
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  Speaker 4: world of psychology, you can like look at a lot
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  Speaker 4: of people who talk about it, and it's because you
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  Speaker 4: find that familiar and you go, well, oh, that feels safe,
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  Speaker 4: and that's very familiar, and I'm comfortable with that. Like
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  Speaker 4: there's no real surprises. It's not what you deserve. It
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  Speaker 4: is not what you deserve. But from a psychological perspective,
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  Speaker 4: like that person would have immediately felt very familiar, very comfortable,
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  Speaker 4: Like you could predict their behaviors right because you knew
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  Speaker 4: what that looked like and you know what that feels like.
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  Speaker 4: That feels like love.
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  Speaker 2: So he was not good.
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  Speaker 4: Oh no, not safe, but like mentally you feel safe
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  Speaker 4: because you know what you can predict, and humans inherently
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  Speaker 4: love being able to predict what's going to happen next.
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  Speaker 2: That's interesting. Yeah, that explains a lot. That makes a
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  Speaker 2: lot of sense to me.
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  Speaker 4: It's not fun though, like like you probably had to
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  Speaker 4: come toious some very hard conclude maybe that's not great,
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  Speaker 4: and it sounds like you have Yeah.
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  Speaker 2: So it was also very very good at spending. So
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  Speaker 2: I was not making a great amount of money. I
• 7:08
  Speaker 2: was in my first job, so I was making like
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  Speaker 2: not much more above minimum wage, but still trying to save.
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  Speaker 2: I've always been a very very good saver, definitely getting
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  Speaker 2: that from my mom growing up and putting the pile
• 7:19
  Speaker 2: of money and counting my money and a bit of
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  Speaker 2: that behavior. Very much discusting mindset there, and so I
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  Speaker 2: would try to say, but once again, it would be
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  Speaker 2: very good at spending and very good at convincing me
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  Speaker 2: that we needed things that we didn't. Yeah. Yes, so
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  Speaker 2: that didn't help because I didn't want to part with
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  Speaker 2: my money, but also very probably a bit naive and
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  Speaker 2: gold a ball there.
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  Speaker 4: You were just doing what felt right at the time.
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  Speaker 4: Like I think sometimes we crucify ourselves and you go, oh,
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  Speaker 4: so naive, are so silly, like I shouldn't have done it,
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  Speaker 4: And of course, in hindsight because you're now more educated,
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  Speaker 4: but at the time, you're like, I really like this
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  Speaker 4: person and he probably cares about me in the same
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  Speaker 4: way that I do about him, and that that's the case.
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  Speaker 4: It wasn't, but like you just can't see through it, No.
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  Speaker 2: And getting the dopamine hit from the purchase, which you
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  Speaker 2: once again giving a dopamine hit to an ADHD person.
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  Speaker 2: It's not a good idea, how.
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  Speaker 4: School, isn't it. No, I get it, I really get it.
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  Speaker 2: So Yeah, when we decided to get married, for example,
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  Speaker 2: we decided to create a joint account to put the
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  Speaker 2: money for the wedding there to try and save. So
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  Speaker 2: until then we had everything separate. So the first time
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  Speaker 2: we created a joint account, and the deal was every month,
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  Speaker 2: let's try and put a couple of hundred each onto
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  Speaker 2: that account and try and save. We had planned to
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  Speaker 2: get married about two years later, so we had plenty
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  Speaker 2: of time to see it coming. I was putting the
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  Speaker 2: money every month. I don't think he ever did. I
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  Speaker 2: don't think there's one month where he put the money
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  Speaker 2: in because he didn't have the money, or he would
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  Speaker 2: quit his job on a whim and so there would
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  Speaker 2: be no money and I would have to pay for it.
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  Speaker 2: Like all of those things. So once again I was
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  Speaker 2: bearing that burden. And then one day I was looking
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  Speaker 2: for a job, and actually I was not even look
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  Speaker 2: looking for a job. I was just googling some competitors
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  Speaker 2: to my current employer, and one of them ended up
• 9:06
  Speaker 2: being in Australia, and I was like, ooh, Australia sounds good,
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  Speaker 2: and oh, they're looking for someone that does the same
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  Speaker 2: job that what I'm doing, so let's just apply. Just see,
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  Speaker 2: I had never thought about going to Australia at that point.
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  Speaker 2: It was just a complete whim and I applied and
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  Speaker 2: I got the job, and a month later we decided
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  Speaker 2: to move to the other side of the world. And
• 9:25
  Speaker 2: my fancy at the time was unemployed, so that was
• 9:28
  Speaker 2: easy for him to follow me. And that was about
• 9:31
  Speaker 2: four months before our wedding in France. So well, like,
• 9:35
  Speaker 2: that's fine, we'll move to Australia. We'll moved to Australia.
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  Speaker 2: We'll use that as a test period, go back to
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  Speaker 2: friends for the wedding, and if we didn't like the experience,
• 9:43
  Speaker 2: we'll just stay in France after that.
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  Speaker 4: And just like the experience, it sounds like you've got
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  Speaker 4: your head screwed on. You're a smart girl. I like it.
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  Speaker 2: It was a good test and a good way to
• 9:51
  Speaker 2: deal with the stress of moving to the other side
• 9:53
  Speaker 2: of the world in the space of a month. So
• 9:56
  Speaker 2: we moved, and you know, with all of that comespain
• 10:00
  Speaker 2: for flights and paying for visa and paying full of
• 10:02
  Speaker 2: the things, and obviously getting a new accommodation and rents.
• 10:07
  Speaker 2: Even though you know, eleven years ago, rent wasn't as
• 10:09
  Speaker 2: crazy as it is today, it was still an.
• 10:11
  Speaker 4: Expense, but it was crazy because your income was probably less.
• 10:15
  Speaker 2: Yeah, and by buying a car because we didn't have
• 10:18
  Speaker 2: a carr in friends cause lived in big city. But
• 10:20
  Speaker 2: obviously moving to Australia it was a different story. So
• 10:23
  Speaker 2: we basically arrived in Australia and had not a dollar
• 10:26
  Speaker 2: left to our name. After that, we had, like until
• 10:29
  Speaker 2: my first income came through my first monthly pay, we
• 10:32
  Speaker 2: had pretty much nothing. We were starting from zero and
• 10:35
  Speaker 2: we had a wedding four months later, so there was
• 10:38
  Speaker 2: that too, So that was you know, that was a
• 10:41
  Speaker 2: bit stressful. But it's interesting coming to Australia from another country.
• 10:44
  Speaker 2: I felt like the richest person on the earth and
• 10:46
  Speaker 2: my income was probably it was the minimum for my
• 10:49
  Speaker 2: visa for something like fifty five K a year at
• 10:53
  Speaker 2: the time, and I felt like the absolute richest person
• 10:56
  Speaker 2: in the world. It was amazing. So obviously my husband
• 10:59
  Speaker 2: also like the richest person in the world, and we
• 11:01
  Speaker 2: know what happens in that situation. He would just once
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  Speaker 2: again spend and be very quick at getting rid of
• 11:09
  Speaker 2: a job just because something was bothering him in it.
• 11:12
  Speaker 2: I'm not really putting himself towards our big money goals.
• 11:16
  Speaker 2: So that was a lot and that pattern kept on going.
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  Speaker 2: So we were married for about four years to all,
• 11:23
  Speaker 2: and that just kept on going. Each time you would
• 11:25
  Speaker 2: get a new job or I would get some sort
• 11:27
  Speaker 2: of race at my work, it would be like, oh,
• 11:29
  Speaker 2: that's amazing with that amount, Like we had the budgets,
• 11:32
  Speaker 2: preach it, we had everything sorted, and it would put
• 11:34
  Speaker 2: it in and be like, look, with that amount, we
• 11:36
  Speaker 2: were going to be able to save this amount, to
• 11:38
  Speaker 2: save this amount, And at first I was like excited
• 11:41
  Speaker 2: as well, but after a couple of times, I'd be like, yeah, great,
• 11:44
  Speaker 2: I know that's not going to happen because you say that,
• 11:46
  Speaker 2: but I know this is just going to get spent
• 11:48
  Speaker 2: because that's what always always happens. So that became quite
• 11:52
  Speaker 2: stressful and very frustrating as well to just not being
• 11:55
  Speaker 2: able to reach any goals because all the money would
• 11:58
  Speaker 2: just go into things.
• 12:00
  Speaker 4: Really, I'm sorry that feels so stressful, and I feel
• 12:03
  Speaker 4: like coming to that conclusion is really hard as well,
• 12:06
  Speaker 4: because you go, hold on, hold on, hold on, like
• 12:08
  Speaker 4: this isn't what you said it was going to be.
• 12:11
  Speaker 4: It's not and that can be really upsetting.
• 12:14
  Speaker 2: Yeah, it was, and I think that's when I reached thirty.
• 12:18
  Speaker 2: When I turned thirty, I had that big life crisis
• 12:23
  Speaker 2: where I just realized I was like, is this what
• 12:25
  Speaker 2: I want my life to be? And the answer was not,
• 12:29
  Speaker 2: this is just not what I want for myself. I
• 12:31
  Speaker 2: can't keep going. I don't know. I had this realization
• 12:34
  Speaker 2: that you only have one life and there's no do over,
• 12:38
  Speaker 2: there's no you know, I can try something else at
• 12:41
  Speaker 2: the end of the day. Once it's done, it's done.
• 12:43
  Speaker 2: So I just make the big and really really hard
• 12:47
  Speaker 2: decision to leave that marriage, which at the time was
• 12:52
  Speaker 2: it was just so hard. I still can't understand how
• 12:55
  Speaker 2: I did it, but it is to this day the
• 12:58
  Speaker 2: best decision I've made for myself.
• 12:59
  Speaker 4: And like, there's going to be a lot of people
• 13:01
  Speaker 4: listening to this who might be feeling similar, right, Like,
• 13:04
  Speaker 4: how you came to that conclusion? Right? So you had
• 13:07
  Speaker 4: probably had some talks with yourself and some three am
• 13:11
  Speaker 4: thoughts and not being able to sleep, and you're working
• 13:13
  Speaker 4: out what you're going to do, So you come to
• 13:16
  Speaker 4: this conclusion, right, I'm going to leave. But how did
• 13:19
  Speaker 4: you start facilitating that? Did you start a conversation? Like
• 13:23
  Speaker 4: did you move out immediately? Like what did that actually
• 13:25
  Speaker 4: look like? Because I think that that's the part that
• 13:27
  Speaker 4: so many of us are so scared of.
• 13:29
  Speaker 2: It is it is incredibly hard, especially when we're with
• 13:32
  Speaker 2: someone that is that is manipulative. It is really really hard.
• 13:37
  Speaker 2: And I was at the point where I was having
• 13:40
  Speaker 2: several panic attacks a day, and one of my friends
• 13:43
  Speaker 2: who had been through a similar situation, told me, your
• 13:46
  Speaker 2: body will tell you at some point, will tell you
• 13:49
  Speaker 2: to leave because you just won't have a choice anymore.
• 13:51
  Speaker 2: And that's that's the point I reached. It. It was
• 13:54
  Speaker 2: like my body telling me you have to do it now,
• 13:57
  Speaker 2: Like it's we can't keep going. So I just walked
• 14:00
  Speaker 2: up at home once and I sat down and I
• 14:02
  Speaker 2: remember I started crying. It was like what's happening. And
• 14:05
  Speaker 2: I just told him that it's done, it's over, and
• 14:08
  Speaker 2: that's it. And then there was a lot of emotional
• 14:11
  Speaker 2: manpulation and threats and all that that came into it,
• 14:14
  Speaker 2: and I almost backed off a few times, but each
• 14:18
  Speaker 2: time I was like, oh, maybe maybe I can't believe
• 14:20
  Speaker 2: my body would go into panic attack and telling me no, no, no, no, no,
• 14:23
  Speaker 2: you've started this.
• 14:24
  Speaker 4: No no, no, no, you're leaving. You're leaving by the way.
• 14:26
  Speaker 2: We're doing it, girl, that is happening.
• 14:30
  Speaker 4: Who knew? Like, but I just decided I didn't money.
• 14:32
  Speaker 4: It was all too hard and your body's like a A,
• 14:34
  Speaker 4: we didn't come this far or only come this far.
• 14:36
  Speaker 2: That is exactly it. So I was extremely lucky. First,
• 14:42
  Speaker 2: I had a colleague who had a spare room and
• 14:44
  Speaker 2: she's like, girl, come and stay at mine for a
• 14:48
  Speaker 2: week and just you know, so that you can get
• 14:50
  Speaker 2: that space. So I moved out and moved in with
• 14:53
  Speaker 2: her in her spare room for about a week. And
• 14:56
  Speaker 2: I was also in a job that was wonderful with
• 14:59
  Speaker 2: men that were wonderful, and I went to talk to
• 15:02
  Speaker 2: my boss and say, hey, this is what's happening. I
• 15:05
  Speaker 2: feel like I need the space. Can I go to
• 15:08
  Speaker 2: friends in my family for a couple of weeks and
• 15:10
  Speaker 2: I'll work from there. And they're like, yeah, that's fine,
• 15:12
  Speaker 2: just take the time. And also we've got an office
• 15:15
  Speaker 2: in London, so you know what, just take three weeks,
• 15:17
  Speaker 2: spend one week in London as well in the office there.
• 15:19
  Speaker 2: Two weeks is not enough, you need three. Just just go.
• 15:21
  Speaker 4: They were just wonderful, Oh what icons.
• 15:24
  Speaker 2: And so I did that. I went away for three weeks.
• 15:27
  Speaker 2: That allowed me to put the space that was very
• 15:30
  Speaker 2: much needed because if I had stayed in Australia, you know,
• 15:33
  Speaker 2: in the same city, in the same neighboring suburbs, that
• 15:36
  Speaker 2: would probably have been much much harder to put that
• 15:38
  Speaker 2: distance between us. And when I was obviously as also
• 15:42
  Speaker 2: started looking for flats to move in for housemates and
• 15:46
  Speaker 2: found someone and I think I arrived back in Australia
• 15:49
  Speaker 2: on the Saturday, and on Sunday morning, I moved out
• 15:51
  Speaker 2: and moved in with housemates.
• 15:53
  Speaker 4: Oh my god.
• 15:54
  Speaker 2: So it went quick. Yeah wow, logistically, but that was
• 15:57
  Speaker 2: very needed because I don't think I would have been
• 15:59
  Speaker 2: able to stay nearby that the manipulation would have been
• 16:02
  Speaker 2: just too intense and too hard.
• 16:04
  Speaker 4: Yeah, but I'm really glad that you're able to identify that,
• 16:07
  Speaker 4: because so many people don't. They go, oh, well, you know,
• 16:10
  Speaker 4: maybe this is the next step, right, like maybe just
• 16:13
  Speaker 4: a little bit of distance will do us good. No, no, no, no,
• 16:16
  Speaker 4: run run for the hills.
• 16:18
  Speaker 2: That's it. Once you made the decision, you just have
• 16:21
  Speaker 2: to stick to it because it gets even the harder
• 16:22
  Speaker 2: and harder to just try again. And you know, so
• 16:26
  Speaker 2: it was good, but then I was just I think
• 16:30
  Speaker 2: I was in hindsight once again, I was just very nice,
• 16:34
  Speaker 2: maybe too nice, because like, oh well, I left, so
• 16:37
  Speaker 2: he stuck with paying the rent for the place. It
• 16:41
  Speaker 2: was my decision, So I kept paying half the rent
• 16:43
  Speaker 2: for about six months until I least ran out. So
• 16:47
  Speaker 2: I was paying for my share of my you know,
• 16:50
  Speaker 2: with my housemaid. I was paying for my room, and
• 16:52
  Speaker 2: I was giving in the money for about half of
• 16:53
  Speaker 2: his rent. He could have found a housemates himself. There
• 16:56
  Speaker 2: were many multiple rooms in that house. He had many options.
• 16:59
  Speaker 2: But I, once again I think I was not fully
• 17:02
  Speaker 2: out of his grasp there and I still was doing
• 17:07
  Speaker 2: this and helping, which, yeah, in hindsight, I'm like, why
• 17:10
  Speaker 2: did I do that?
• 17:11
  Speaker 4: But what a nice person that says you are not
• 17:14
  Speaker 4: because you were kind, And you know what, I would
• 17:17
  Speaker 4: love to be accused of being kind consistently like you
• 17:21
  Speaker 4: did it because you felt at the time that that
• 17:23
  Speaker 4: was the best thing to do. Did he deserve it?
• 17:26
  Speaker 4: Absolutely not. But it's a reflection of your values, not his.
• 17:29
  Speaker 2: No, I think, yeah, it's true, Like at least I
• 17:31
  Speaker 2: can look myself in the mirror and say I've done
• 17:34
  Speaker 2: the right thing, not necessarily by myself but by him.
• 17:37
  Speaker 4: Absolutely you have. So you move out in Australia on
• 17:41
  Speaker 4: your own, what does life look like then.
• 17:44
  Speaker 2: Well, so financially that's the same on time, I started
• 17:46
  Speaker 2: from scratch because we separated. We had some money aside,
• 17:50
  Speaker 2: but I took that because I had to buy a
• 17:52
  Speaker 2: car for myself to you just move around. That just
• 17:56
  Speaker 2: needed the car. So basically the only share of the
• 17:59
  Speaker 2: saving that we had went into that car. It was
• 18:02
  Speaker 2: something like, I don't know, twelve thousand dollars. It was
• 18:04
  Speaker 2: not a crazy, crazy amount. And then I left him
• 18:07
  Speaker 2: with everything, like all of our things, everything that was
• 18:10
  Speaker 2: material stayed with him, so he kept all of that
• 18:13
  Speaker 2: and I had two three strait cases and I bought
• 18:16
  Speaker 2: my car and that was all I had, all I
• 18:19
  Speaker 2: had to my name at that point, which was a
• 18:20
  Speaker 2: bit scary, but at the same time that was very
• 18:24
  Speaker 2: much the fresh start that I needed. I was, for
• 18:28
  Speaker 2: the first time with a job that I liked, with
• 18:31
  Speaker 2: an income that was quite good. If I remember, I
• 18:35
  Speaker 2: was at the time on something like a maybe like
• 18:38
  Speaker 2: a ninety k something like that.
• 18:40
  Speaker 4: Oh, okay, so you'd gone up from that fifty five k.
• 18:44
  Speaker 2: Yes, So I was earning a good amount of money
• 18:46
  Speaker 2: and I had a reasonable amount of expense, and for
• 18:48
  Speaker 2: the first time in my life, I didn't have anyone
• 18:50
  Speaker 2: that would come and touch that money. It was mine
• 18:55
  Speaker 2: and it was mine to take control of, and that
• 18:57
  Speaker 2: was just the best feeling. I started by reading The
• 19:00
  Speaker 2: Barefoot Investor and you know, there's a first step.
• 19:04
  Speaker 4: Yep, great start, and.
• 19:05
  Speaker 2: Looked at you all his money, and put my budgets
• 19:07
  Speaker 2: together and put my different accounts and all of that,
• 19:10
  Speaker 2: and it just felt so liberating to be in control
• 19:14
  Speaker 2: and to do all of that by myself.
• 19:16
  Speaker 4: Oh, I'm so glad.
• 19:18
  Speaker 2: It wasn't scary at all, even though I had like
• 19:20
  Speaker 2: very little to my name. It was the best feeling.
• 19:23
  Speaker 2: And I was like, I can finally save and spend
• 19:25
  Speaker 2: for what my values are.
• 19:27
  Speaker 4: Well, yeah, because even if you had little, it was
• 19:29
  Speaker 4: all yours. No one was going to spend it.
• 19:31
  Speaker 2: Yes, absolutely, that was really really good. And I was like, okay,
• 19:36
  Speaker 2: so now you know, I said, alone in Australia, I
• 19:40
  Speaker 2: had friends because I had been there for by then
• 19:43
  Speaker 2: about yea four and a half years, so I knew people.
• 19:46
  Speaker 2: I had some friends, I had my housemates and I'm
• 19:49
  Speaker 2: still very good friends with now. And it was like
• 19:53
  Speaker 2: life was good and it's interesting. People at work even
• 19:56
  Speaker 2: told me, like, you're standing straighter then you used to.
• 20:00
  Speaker 2: It's you're like a different person. It's just that whole
• 20:03
  Speaker 2: weight that had been lifted from my shoulder on all fronts.
• 20:07
  Speaker 2: That was the best feeling. I adore that. I'm so
• 20:09
  Speaker 2: happy that you got to experience that. But isn't it
• 20:12
  Speaker 2: crazy that not only mental change, but the physical change
• 20:16
  Speaker 2: people experience when they just aren't weighed down by the
• 20:19
  Speaker 2: wrong people, Like it's crazy. I don't think you realize
• 20:23
  Speaker 2: when you're in the thick of it. It's only when
• 20:24
  Speaker 2: you come out on the other side and you look
• 20:26
  Speaker 2: back and you're like, oh my god, oh my.
• 20:28
  Speaker 4: God, what was I doing? But like, good on you.
• 20:31
  Speaker 4: I love this, so I know that you're now married again.
• 20:35
  Speaker 4: What happened after that? Like you, we got back into
• 20:38
  Speaker 4: dating and.
• 20:38
  Speaker 2: Then so only two months after my separation, I met
• 20:43
  Speaker 2: that guy on an APP and it was also fresh
• 20:46
  Speaker 2: out of a marriage. So what that meant is we
• 20:50
  Speaker 2: were both quite keen on not going too serious too
• 20:54
  Speaker 2: early on and just taking our time. A few months
• 20:57
  Speaker 2: later when we decided to get see, we were very
• 21:01
  Speaker 2: clear on our expectations. Communication was big, and we were
• 21:05
  Speaker 2: very clear on Okay, if we're going to do this,
• 21:07
  Speaker 2: and we're going to do it for real, this is
• 21:09
  Speaker 2: what I'm expecting from a relationship. I want you know,
• 21:11
  Speaker 2: family is a big value. We want to be on
• 21:13
  Speaker 2: the same page financially, you want to be on the
• 21:15
  Speaker 2: same page on all aspects. We were very clear on
• 21:18
  Speaker 2: what we were ready or not ready to tolerate. I
• 21:22
  Speaker 2: think that was the greatest thing, Like it's it helped
• 21:25
  Speaker 2: us so much not repeating other mystics.
• 21:28
  Speaker 4: I'm obsessed. You deserve all of that. How soon after
• 21:31
  Speaker 4: you got out of that relationship did you get really
• 21:35
  Speaker 4: serious with this new guy?
• 21:36
  Speaker 2: About six months? So it did go much quicker than
• 21:40
  Speaker 2: I expected it to be, and It's also about the
• 21:43
  Speaker 2: time that he decided to move into state, So like, okay, great,
• 21:48
  Speaker 2: now that we're attached and you're moving into state, what's
• 21:50
  Speaker 2: going to look like for us. Luckily, my job at
• 21:53
  Speaker 2: the time had an office in that other state, so
• 21:55
  Speaker 2: I ended up commuting quite a bit, doing two weeks
• 21:58
  Speaker 2: in one office one week and another off, and just
• 22:00
  Speaker 2: flying quite a lot for about six months while we
• 22:03
  Speaker 2: were testing out of the relationship. And then I moved
• 22:07
  Speaker 2: in with him six months after that. So I had
• 22:09
  Speaker 2: been out of my previous marriage for about a year
• 22:11
  Speaker 2: when we moved in together.
• 22:13
  Speaker 4: When you know, you know, I just I love love.
• 22:16
  Speaker 2: Absolutely, but we were still very careful with everything, finances,
• 22:21
  Speaker 2: dividing everything and both keeping i'd say our money quite
• 22:25
  Speaker 2: close to our chests, both being a bit you know,
• 22:29
  Speaker 2: scarred with our previous experiences.
• 22:32
  Speaker 4: Oh absolutely, And I think that you do have to
• 22:35
  Speaker 4: protect yourself.
• 22:36
  Speaker 2: Yeah, it took us quite a while to just get
• 22:39
  Speaker 2: to that stage of trust and still do this day.
• 22:41
  Speaker 2: We're now, you know, we're married, we've got two kids,
• 22:43
  Speaker 2: we've got a house, and we still don't share finances. Fully,
• 22:46
  Speaker 2: It's crazy, but it's just how it is.
• 22:49
  Speaker 4: I kind of love that though, like I'm you're just
• 22:51
  Speaker 4: protecting yourselves.
• 22:52
  Speaker 2: Yes, always, And we had like lots of discussions though,
• 22:56
  Speaker 2: And we moved together in Journe twenty nineteen, so about,
• 23:02
  Speaker 2: you know, six months before COVID hit, which was also
• 23:05
  Speaker 2: a big test on the relationship. When you've been living
• 23:08
  Speaker 2: together for six months and then you end up stuck
• 23:09
  Speaker 2: in an apartment just the two of you for a
• 23:13
  Speaker 2: few months at a time.
• 23:14
  Speaker 4: I yeah, that's a lot.
• 23:15
  Speaker 2: And that's also when we decided that we would move
• 23:18
  Speaker 2: back to Brisbane where we're from and at some point
• 23:22
  Speaker 2: and we would want to buy a house, so we
• 23:26
  Speaker 2: decided to buy interstate in COVID. So obviously we could
• 23:30
  Speaker 2: not fly to Brisbane because the borders where constantly goes
• 23:33
  Speaker 2: so interesting. Fight we actually bought our house after only
• 23:36
  Speaker 2: seeing it on FaceTime stop here. We couldn't fly, so
• 23:40
  Speaker 2: we just sent his family. We sent his moms and
• 23:43
  Speaker 2: his sisters to inspection with us and they would FaceTime
• 23:45
  Speaker 2: for us and tell us what they thought. Then that
• 23:47
  Speaker 2: is how we chose our house and that's how we
• 23:49
  Speaker 2: bought it. So when we bought the planes, we had
• 23:52
  Speaker 2: never seen it, just yeah FaceTime and having to trust
• 23:55
  Speaker 2: family members to make the right choice for us.
• 23:57
  Speaker 4: And what happened when you turned up at the house,
• 23:58
  Speaker 4: were you like, oh my god, this is is not
• 24:00
  Speaker 4: what I expected.
• 24:01
  Speaker 2: It was good. So we rented it for six months
• 24:03
  Speaker 2: before we were able to move back, and the goal
• 24:06
  Speaker 2: was always to either do a renovation or knockdown rebuilds.
• 24:10
  Speaker 2: So we're like, worst case scenario. If it's really bad,
• 24:12
  Speaker 2: we'll just start the reno process earlier rather than later.
• 24:16
  Speaker 2: But something that's interesting as well. So when we bought
• 24:19
  Speaker 2: the house, we did put the same amount each in
• 24:21
  Speaker 2: the deposits. So I had been out of marriage for
• 24:24
  Speaker 2: two years, I had started from scrash two years before,
• 24:27
  Speaker 2: and by that point I had saved over fifty thousand
• 24:30
  Speaker 2: dollars by myself.
• 24:31
  Speaker 4: Stop it by yourself, by myself. I'm so proud of
• 24:35
  Speaker 4: you all my money. Yeah, yeah get it, queen.
• 24:38
  Speaker 2: I love this. That was a big achievement. Yeah. Reflecting
• 24:42
  Speaker 2: on that and that really taught me as well, what
• 24:44
  Speaker 2: I can achieve when you know I don't have someone
• 24:48
  Speaker 2: leitching on me. Basically, when I have that control and
• 24:52
  Speaker 2: when I can do what I want to. Yeah, I
• 24:54
  Speaker 2: was crazy. And I also had started investing. I had
• 24:56
  Speaker 2: studying ETF. So originally I was investing on the raise.
• 24:59
  Speaker 2: I think started pretty much the moment I left my
• 25:02
  Speaker 2: marriage because we were doing that with my ex husband.
• 25:05
  Speaker 2: We were on the race when it was still called
• 25:07
  Speaker 2: Acorn back in the very early days.
• 25:09
  Speaker 4: Oh yeah, yeah, yeah, I was on there then too.
• 25:12
  Speaker 2: Yeah, and then twenty nineteen is also when I started
• 25:14
  Speaker 2: listening to She's on the Money. I actually went to
• 25:17
  Speaker 2: an event in October twenty nineteen, so very very early days.
• 25:22
  Speaker 2: Stop it.
• 25:22
  Speaker 4: Oh please, don't talk about it. That would have been
• 25:25
  Speaker 4: so embarrassing. I would have been such a baby.
• 25:27
  Speaker 2: It was great, it was great. It was a free
• 25:30
  Speaker 2: event in Sydney, and yeah I loved it.
• 25:33
  Speaker 4: Oh yeah, and I did those cute goodie bags and
• 25:35
  Speaker 4: the notebooks.
• 25:36
  Speaker 2: Yes, and so yeah it really helped me, I think,
• 25:41
  Speaker 2: put that structure as well round my budget, and that's
• 25:43
  Speaker 2: when I got into ETFs and all those kind of things.
• 25:46
  Speaker 2: So not only did I save that money, I had
• 25:48
  Speaker 2: started investing as well back on the side, So I
• 25:50
  Speaker 2: was really proud of that achievement. And yeah, we moved
• 25:53
  Speaker 2: into our house and then decided to do a knockgowner rebuilt.
• 25:57
  Speaker 2: And also an interesting fact there, we did not actually
• 26:00
  Speaker 2: knocked down the house. We had a better plan financially,
• 26:03
  Speaker 2: which was sell the house, not the land, just the house.
• 26:06
  Speaker 2: So we use one of those relocations company that come
• 26:08
  Speaker 2: and you know, put your house on the truck and
• 26:11
  Speaker 2: take your house away. So instead of paying for demolition,
• 26:14
  Speaker 2: you're actually getting paid for the house.
• 26:16
  Speaker 4: So they bought your house literally, but you just kept
• 26:19
  Speaker 4: the land. You were like, you can have the house,
• 26:20
  Speaker 4: but you can't keep it here out exactly.
• 26:22
  Speaker 2: They just moved our house into another location. Some people bought.
• 26:25
  Speaker 4: It, and yeah, wow, that is very cool.
• 26:28
  Speaker 2: So that was also a big, big saving something I'd
• 26:30
  Speaker 2: definitely recommend to people doing them rebuilt have a talk
• 26:33
  Speaker 2: to these companies, because we probably would have paid something
• 26:36
  Speaker 2: like thirty thousand dollars for the demolition, removing the asbestos
• 26:40
  Speaker 2: and all that, and we ended up getting paid instead,
• 26:42
  Speaker 2: so that's quite a good deal.
• 26:44
  Speaker 4: I love this. I love this so much, very very savy.
• 26:48
  Speaker 2: I think as well as well. Being with my husband
• 26:50
  Speaker 2: was also very financially focused as being a big difference
• 26:54
  Speaker 2: because we're on exactly the same page. We took very
• 26:57
  Speaker 2: openly about money, and I want my kids to grow
• 26:59
  Speaker 2: up having those conversations around the house as well hearing
• 27:02
  Speaker 2: us talk about money and all those kind of things
• 27:04
  Speaker 2: to not repeat what I've been through where money was
• 27:07
  Speaker 2: very much taboo in the house. So we have those
• 27:10
  Speaker 2: big goals and now we've got the two kids. Going
• 27:14
  Speaker 2: on to Matt leave was very very hard for me
• 27:18
  Speaker 2: because I only had the central link amount of money,
• 27:21
  Speaker 2: not company paid leave, and having to rely on someone
• 27:26
  Speaker 2: not being in control and not having my own income,
• 27:28
  Speaker 2: not being able to contribute to the household that I
• 27:31
  Speaker 2: usually do, having to let go that was incredibly hard
• 27:36
  Speaker 2: on me. Even though my husband is amazing and absolutely
• 27:40
  Speaker 2: was compensating my income is income and paying for that
• 27:44
  Speaker 2: and it was never even a question for him, It's
• 27:47
  Speaker 2: still very very hard to let go. I still have
• 27:50
  Speaker 2: that mentality when I'm scared of not having enough money
• 27:54
  Speaker 2: to contribute and I don't want to be dependent on
• 27:58
  Speaker 2: someone like That's something that I I'm really struggling with.
• 28:02
  Speaker 2: So yeah, we've got but we do have the two
• 28:03
  Speaker 2: kids now, and we are paying down mortgage and we
• 28:07
  Speaker 2: actually debt recycling for the mortgage, so we're investing through
• 28:12
  Speaker 2: the debt recycling, So yeah, we were previously. We each
• 28:16
  Speaker 2: have our own investing accounts, so we were putting all
• 28:20
  Speaker 2: that money separately, but now we've decided to join that
• 28:22
  Speaker 2: together and put the money into the debt recycling instead.
• 28:26
  Speaker 2: So the way it works is that we paid some
• 28:29
  Speaker 2: money into our mortgage and then we basically split the
• 28:32
  Speaker 2: mortgage into the normal mortgage and an investment loan, and
• 28:37
  Speaker 2: that investment loan is then what is used to invest
• 28:40
  Speaker 2: into the share market. So it's something that we consider
• 28:43
  Speaker 2: for a while before actually pulling the trigger, and it's
• 28:46
  Speaker 2: not something that we did by ourself. We had a
• 28:48
  Speaker 2: chat with our financial advisor, we had a chat with
• 28:51
  Speaker 2: our mortgage broker, we had a chat with our accountants,
• 28:53
  Speaker 2: we had the whole team just to make sure it's
• 28:55
  Speaker 2: done right because it does come with some risk, especially
• 28:59
  Speaker 2: if you don't do it properly. So I'd say it's
• 29:01
  Speaker 2: a great thing for people who have a mortgage but
• 29:03
  Speaker 2: still want to invest and want to do it, but
• 29:05
  Speaker 2: you need to do it right. Then make sure you
• 29:07
  Speaker 2: talk to the right people to do it. Yeah.
• 29:09
  Speaker 4: Absolutely, And I think that that's something that we get
• 29:13
  Speaker 4: a lot of questions in our community. People ask should
• 29:15
  Speaker 4: I do it? Like is it going to work for me?
• 29:17
  Speaker 4: And it's one of those things where It's like debt
• 29:19
  Speaker 4: recycling can be a fantastic strategy if you've got the
• 29:23
  Speaker 4: right team around you and you've got the right advice,
• 29:25
  Speaker 4: but if you didn't, it can actually be a really
• 29:28
  Speaker 4: terrible thing for you because it obviously involves a significant
• 29:32
  Speaker 4: amount of money. And like going back and forth, it
• 29:34
  Speaker 4: sounds like you've nailed it, and I think that maybe
• 29:36
  Speaker 4: at some point soon I should do an episode on
• 29:38
  Speaker 4: dat recycling because of the amount of questions we get,
• 29:41
  Speaker 4: because it can be scary too, Like if the market
• 29:44
  Speaker 4: goes down and then you get a margin call, like
• 29:47
  Speaker 4: oh my goodness, Like that can be so stressful.
• 29:50
  Speaker 2: It basically relies on the market growing more than one
• 29:53
  Speaker 2: your interest is so if you've got a six percent
• 29:56
  Speaker 2: interest rate, you need the market to go up by
• 29:58
  Speaker 2: more than six percent every year that you're losing money,
• 30:01
  Speaker 2: and that can be quite imaging. So you need to
• 30:03
  Speaker 2: be okay with that as.
• 30:05
  Speaker 4: Well, exactly, And I'll talk about that in a hot second.
• 30:08
  Speaker 4: I just have so many questions, and I just I
• 30:11
  Speaker 4: love that you've got two kids and you found your
• 30:13
  Speaker 4: dream life and your partner. And I know you said
• 30:15
  Speaker 4: that you were still struggling with like you know, letting
• 30:17
  Speaker 4: go a little bit, but that feels fair and reasonable.
• 30:20
  Speaker 4: Tell me, what do you and your partner do? Now? Like,
• 30:23
  Speaker 4: how much money are you earning?
• 30:24
  Speaker 2: So we're we're on solid amount of money. So I
• 30:27
  Speaker 2: earn one hundred and forty thousand dollars a year. That's
• 30:31
  Speaker 2: through my full time job, but I also freelance on
• 30:33
  Speaker 2: the side. Same with that amount of money. I don't
• 30:36
  Speaker 2: need the freelance, but that's another thing that I struggle
• 30:39
  Speaker 2: to let go off. I was like, there's this money
• 30:41
  Speaker 2: there and I cannot say no if people ask me
• 30:44
  Speaker 2: to do some work. So that brings in probably another
• 30:48
  Speaker 2: twenty to thirty K a year just for the freelance.
• 30:51
  Speaker 4: Oh okay, So what type of freelancing are you doing?
• 30:54
  Speaker 2: Marketing, consulting.
• 30:56
  Speaker 4: Yeah, very cool, very cool.
• 30:57
  Speaker 2: So I'm I work in marketing in my full time
• 30:59
  Speaker 2: role and then I also do that. So I've been
• 31:02
  Speaker 2: doing that since COVID pretty much, and I have some
• 31:04
  Speaker 2: clients that I've been with me since those days. I
• 31:07
  Speaker 2: did do it full time for a while, but then
• 31:09
  Speaker 2: I just missed the human connection. I just missed working
• 31:12
  Speaker 2: with people. So now I've decided to just keep it
• 31:15
  Speaker 2: on the side and keep the freelance. I still have
• 31:17
  Speaker 2: some projects here and there, and I think it also
• 31:20
  Speaker 2: allows my brain to keep ticking and just thinks of
• 31:23
  Speaker 2: new ideas, So I do enjoy that, but it's yeah,
• 31:26
  Speaker 2: I think I would struggle just saying no to that
• 31:28
  Speaker 2: money that's twenty thirty thousand years can make a big
• 31:31
  Speaker 2: difference on the mortgage, so it's hard to just say
• 31:34
  Speaker 2: no to that exactly.
• 31:35
  Speaker 4: And also earlier you mentioned that you have ADHD, like
• 31:37
  Speaker 4: we just don't stop. We've just got stuff to do
• 31:39
  Speaker 4: with busy, busy people, and if you have free time,
• 31:42
  Speaker 4: you're always like concocting another plan. So I think this
• 31:45
  Speaker 4: is very good for you absolutely. And what does your
• 31:48
  Speaker 4: partner do and work in hr very cool? And what
• 31:51
  Speaker 4: type of income does he have?
• 31:52
  Speaker 2: Roughly just on its paid income is about two hundred.
• 31:57
  Speaker 4: Yeah, very cool, So you've got a really nice income,
• 31:59
  Speaker 4: which makes sense. And I wanted to know both of
• 32:02
  Speaker 4: your incomes because you mentioned that you were debt recycling
• 32:05
  Speaker 4: and like, there is no way when I was a
• 32:08
  Speaker 4: financial advisor that I would let a couple even think
• 32:11
  Speaker 4: about dat recycling if they didn't have a duel income
• 32:13
  Speaker 4: of more than two hundred thousand dollars together, like it
• 32:16
  Speaker 4: just it wouldn't become an option because it's just there's
• 32:19
  Speaker 4: too much risk involved. And that's why I was like, oh,
• 32:22
  Speaker 4: I want to know, Like, I've just got so many questions.
• 32:24
  Speaker 4: Tell me, you've got their family, You've got some big
• 32:27
  Speaker 4: financial goals. What are they? What are we currently working towards.
• 32:32
  Speaker 2: The moment is about paying down that mortgage. It will
• 32:34
  Speaker 2: become much easier once all the sun starts cooled and
• 32:37
  Speaker 2: by the year time. Because they care costs, they're just
• 32:39
  Speaker 2: I think that's one of the things that people don't
• 32:42
  Speaker 2: talk to as much. They like, sure, we are on
• 32:44
  Speaker 2: a very solid amount of money. Don't get me wrong,
• 32:47
  Speaker 2: I'm very happy with that, but I mean their care
• 32:49
  Speaker 2: cost us about eight hundred bucks a week.
• 32:51
  Speaker 4: Yep, yep.
• 32:52
  Speaker 2: It is rude at this point. It is just rude.
• 32:56
  Speaker 4: Yeah, And like I don't want people to think I'm complaining.
• 33:00
  Speaker 4: It is a privilege to be able to pay for it.
• 33:01
  Speaker 4: It is a privilege to go back to work. All
• 33:03
  Speaker 4: of that stuff great, fantastic, but when you start sending
• 33:06
  Speaker 4: your kid to daycare, irrespective of what you get back,
• 33:10
  Speaker 4: you have to have that amount of money in your
• 33:12
  Speaker 4: account to go out of your account to then have
• 33:14
  Speaker 4: a refund happen, and that's just a lot of money
• 33:17
  Speaker 4: going back and forth. It is expensive, Like I don't
• 33:20
  Speaker 4: know what you're paying per day, but we at the
• 33:22
  Speaker 4: moment are paying like two hundred ish dollars a day
• 33:26
  Speaker 4: for daycare, and Harvey's in daycare two days a week,
• 33:29
  Speaker 4: which is four hundred dollars a week. And yes, it
• 33:31
  Speaker 4: is in our budget, but that's a significant amount of
• 33:34
  Speaker 4: money that I look at and go, oh my god,
• 33:35
  Speaker 4: I could be investing that for his future, Like what
• 33:37
  Speaker 4: is going on here and you'll be double Yeah, we.
• 33:40
  Speaker 2: Pay about it's about eight hundred dollar a week after
• 33:44
  Speaker 2: the rebate.
• 33:45
  Speaker 4: Yeah, but your kids would be in daycare full time too,
• 33:47
  Speaker 4: so that would be so expensive.
• 33:49
  Speaker 2: Yes, they're in full time.
• 33:50
  Speaker 4: Oh my goodness.
• 33:51
  Speaker 2: Yeah, it's a lot of money coming out. So I
• 33:53
  Speaker 2: think the one of the big financial goal is just
• 33:56
  Speaker 2: wait for the kids to be in school. That's definitely
• 33:59
  Speaker 2: going to help, But it's all about paying down the
• 34:01
  Speaker 2: mortgage for us. That's a priority. We would love to
• 34:04
  Speaker 2: be able to retire early, maybe you know, at around
• 34:08
  Speaker 2: fifty would be ideal, so that we're still young and
• 34:11
  Speaker 2: so well. Can enjoy time with the kids and all
• 34:14
  Speaker 2: of that's. Yeah, I think all of our focus at
• 34:16
  Speaker 2: the moment is on paying down the mortgage. Really, I
• 34:19
  Speaker 2: love this.
• 34:20
  Speaker 4: It feels like you're super clear on what you're going
• 34:22
  Speaker 4: to achieve. Have you always been this clear on your
• 34:26
  Speaker 4: money goals? Or do you think that having engaged a
• 34:28
  Speaker 4: financial advisor and spoken to mortgage brokers and doing debt recycling, like,
• 34:32
  Speaker 4: do you think that that has made you clearer?
• 34:34
  Speaker 2: Like?
• 34:34
  Speaker 4: How do we get this clarity that you've got.
• 34:36
  Speaker 2: I've always been a saver. Definitely still have that scarcity mindset,
• 34:41
  Speaker 2: and I think that's yeah, it's probably one thing I
• 34:43
  Speaker 2: need to work on. So I've always been a very
• 34:46
  Speaker 2: good saver. I wasn't always saving for something. Sometimes it
• 34:50
  Speaker 2: was just about having that money on the side just
• 34:52
  Speaker 2: in case something happens. And I still have a bit
• 34:55
  Speaker 2: of that. Like I've had quite a few health issues recently,
• 34:58
  Speaker 2: and I am so grateful that I had that money
• 35:00
  Speaker 2: aside and I could afford to pay for that, and
• 35:03
  Speaker 2: I could afford to pay for the psychiatrists for an
• 35:06
  Speaker 2: ADHD diagnosis. That's going to help me all of those
• 35:08
  Speaker 2: kind of things. So I'm glad I have that, but
• 35:12
  Speaker 2: in terms of the money goals, yeah, no, I don't
• 35:14
  Speaker 2: think I was clear. I think it's also very much
• 35:16
  Speaker 2: about being with my husband, and you know, I think
• 35:20
  Speaker 2: he probably he grew up in a very different type
• 35:22
  Speaker 2: of household where money was a bit more talked about
• 35:25
  Speaker 2: and he was much clear on his goals and he's
• 35:27
  Speaker 2: been able to bring me onto that journey with him.
• 35:30
  Speaker 4: Yeah, and that's really beautiful. As well as being like,
• 35:33
  Speaker 4: oh my god, yes, you deserve all of these and more.
• 35:36
  Speaker 2: It's definitely been the best. I think There's been discussions about,
• 35:40
  Speaker 2: you know, your choosing your partner is the biggest financial
• 35:43
  Speaker 2: decision that you make, but if I look at my
• 35:45
  Speaker 2: path and where I'm now, for me, it's definitely been
• 35:48
  Speaker 2: the one that's had the biggest impact bossing negative and
• 35:51
  Speaker 2: impositive in my life. In terms of my financial partner.
• 35:54
  Speaker 2: I love it.
• 35:54
  Speaker 4: Let's go to a really quick break because on the
• 35:56
  Speaker 4: flip side, I want to talk more about your investing.
• 35:59
  Speaker 4: I need to know how your debt recycling, not just
• 36:02
  Speaker 4: that you're doing it. I want the needy gritty. I
• 36:04
  Speaker 4: also want to know about your debts, and I want
• 36:06
  Speaker 4: to know your best and worst money habits. So guys,
• 36:08
  Speaker 4: don't go anywhere money dice. We are back, and oh,
• 36:15
  Speaker 4: can we just dive straight back into this debt recycling conversation.
• 36:19
  Speaker 2: Talk to me about your.
• 36:20
  Speaker 4: Portfolio structure because we know you're investing, we know you're
• 36:24
  Speaker 4: using debt recycling to invest, but what does that mean?
• 36:29
  Speaker 4: How big is your portfolio? Are you investing on a
• 36:31
  Speaker 4: monthly basis? Like, talk to me about all of the
• 36:34
  Speaker 4: things you can.
• 36:36
  Speaker 2: Okay, So that recycling, it's something that we've looked at
• 36:39
  Speaker 2: for several years before actually pulling the trigger because it's
• 36:42
  Speaker 2: you know, it looks so complicated and it took us
• 36:45
  Speaker 2: so long to even get our head around the concept
• 36:47
  Speaker 2: of that splitting and all of those kind of things.
• 36:50
  Speaker 2: So one of the thing that was the trigger for
• 36:53
  Speaker 2: us is also with having you know, the two kids
• 36:55
  Speaker 2: in the family, we decided to see your financial advisor
• 36:58
  Speaker 2: because we also wanted our insurances sorted, and I know
• 37:00
  Speaker 2: you're very big on insurances. So we've got all of that.
• 37:04
  Speaker 2: We wanted the income and the death and the disability.
• 37:07
  Speaker 2: All of that is now sorted, and that was a
• 37:09
  Speaker 2: big thing, and we use that time to also talk
• 37:12
  Speaker 2: about that de'st recycling. So we put a few options
• 37:18
  Speaker 2: towards us. One was more a borrowing to invest, So
• 37:21
  Speaker 2: just pull out a different loan so you don't have
• 37:23
  Speaker 2: to inject any of your own cash. You keep your
• 37:26
  Speaker 2: current cashlod you keep your current cash reserve. You're just
• 37:28
  Speaker 2: doing the loan and use that to invest. But that's
• 37:31
  Speaker 2: not what we wanted. What we wanted was reduce our
• 37:33
  Speaker 2: mortgage and use that as an investments. So what that
• 37:37
  Speaker 2: means is you need to have a solid amount of money,
• 37:40
  Speaker 2: like a bit of a deposit that you can use
• 37:43
  Speaker 2: to kickstart the process. So I think we pulled nineteen
• 37:47
  Speaker 2: thousand dollars, so that means we had to have that
• 37:50
  Speaker 2: ninety thousand dollars in cash. Yeah, so we had to
• 37:52
  Speaker 2: have that in cash. We put that against the mortgage
• 37:56
  Speaker 2: to split it, and so that meant we reduce our
• 37:59
  Speaker 2: mortgage bandwenty thousand dollars. And then we had another loan
• 38:02
  Speaker 2: on the side that was a ninety thousand dollars investment
• 38:05
  Speaker 2: loan that was fully offset by that cash we had
• 38:08
  Speaker 2: pulled and put in. So that was that was the structure.
• 38:12
  Speaker 2: Now that nineteen thousand dollars investment loan, we needed to
• 38:16
  Speaker 2: first do a first big investment once again to start it.
• 38:21
  Speaker 2: So I think we put something like thirty k straight
• 38:24
  Speaker 2: in straight into the market, so we're applefolo is. It's
• 38:28
  Speaker 2: CTF based, so we're just investing in ETFs there and
• 38:32
  Speaker 2: then now from then on we put two and a
• 38:35
  Speaker 2: half thousand dollars a month into that, so just a
• 38:38
  Speaker 2: dollar cost averaging on a monthly basis. So I think
• 38:42
  Speaker 2: that's going to give us two years. I think it
• 38:45
  Speaker 2: is forty eight to two and a half. Yeah, that's
• 38:48
  Speaker 2: two years worth of investing without having to think about it.
• 38:51
  Speaker 2: And so we're using those two years to rebuild our
• 38:54
  Speaker 2: savings so that in two years time we can do
• 38:57
  Speaker 2: that again. Put some more money towards mortgage ta get
• 38:59
  Speaker 2: out of the mortgage, put into the investment loan, and
• 39:02
  Speaker 2: keep going basically until the mortgage is down to zero
• 39:05
  Speaker 2: and all the money is in the investment loan.
• 39:08
  Speaker 4: Yes, I love it because there's a clear strategy.
• 39:10
  Speaker 2: Yes, but it took me I want to understand it
• 39:13
  Speaker 2: because I was like, wait a minute, we're not really
• 39:15
  Speaker 2: paying down the mortgage because we're just having another loan
• 39:17
  Speaker 2: into it. So at the end of there were still
• 39:20
  Speaker 2: we still have the loan. We're still awe the money.
• 39:22
  Speaker 2: But the way it works is I have a ninety
• 39:25
  Speaker 2: thousand dollars loan, but once that money is full into
• 39:28
  Speaker 2: the stock market, hopefully it's worth more than ninety thousand
• 39:31
  Speaker 2: dollars because the stop my kids and going up, So
• 39:34
  Speaker 2: we would be if we wanted to, we would be
• 39:37
  Speaker 2: in a position at the end to fully repay that
• 39:39
  Speaker 2: money and still have some leftover. Then how we do it,
• 39:42
  Speaker 2: that's a conversation for later on, depending on what the
• 39:44
  Speaker 2: market is like at the time. Do we want to
• 39:46
  Speaker 2: repay a big chunk at once, do we want to
• 39:49
  Speaker 2: just repay it slowly? We'll figure that, I think when
• 39:52
  Speaker 2: we get to it in a few years.
• 39:53
  Speaker 4: Yeah, And that can happen over time exactly, And you
• 39:57
  Speaker 4: guys are still young enough to make the most of
• 39:59
  Speaker 4: that as well. Like debt recycling, I would say if
• 40:02
  Speaker 4: you're very very close to retirement, is not a good
• 40:05
  Speaker 4: idea because the risk is just too high and you
• 40:07
  Speaker 4: don't have enough time on your side. But you guys
• 40:09
  Speaker 4: have so much time on your side to get through that,
• 40:12
  Speaker 4: and I think that it lowers the risk that you've
• 40:16
  Speaker 4: started with the cash, you paid it off your mortgage
• 40:18
  Speaker 4: and then leveraged your mortgage into the market. That makes me,
• 40:21
  Speaker 4: as an ex financial advisor, feel much better about it,
• 40:24
  Speaker 4: because some people just go in and leverage their equity.
• 40:29
  Speaker 4: So don't get me wrong, it's not a bad strategy still,
• 40:31
  Speaker 4: but they might find some equity in their mortgage, release
• 40:34
  Speaker 4: that and then use that to invest. But you then
• 40:37
  Speaker 4: have no cash that you've coughed up, so there's no fallback.
• 40:41
  Speaker 4: So I feel like yours is. Yes, debt recycling is risky,
• 40:44
  Speaker 4: but I feel like you're doing it in a smarter
• 40:46
  Speaker 4: way where you probably have a little bit more stability.
• 40:48
  Speaker 2: Yeah, well that's you know. That's while we went to
• 40:51
  Speaker 2: a financial advisor to advise us really on when would
• 40:54
  Speaker 2: be the best strategy for us and our conditions.
• 40:57
  Speaker 4: Yeah, give us the good strategy and we will run
• 41:00
  Speaker 4: with it and we'll do it. But sometimes I just
• 41:02
  Speaker 4: want to be told I get it.
• 41:03
  Speaker 2: I get it.
• 41:04
  Speaker 4: Talk to me about debt. Then you mentioned you have
• 41:07
  Speaker 4: your mortgage and then you have your investment loans. How
• 41:09
  Speaker 4: much debt ere in? What does that look like?
• 41:12
  Speaker 2: So our mortgage at this stage is at still eight
• 41:18
  Speaker 2: hundred and sixty thound, so yeah, what that looks like?
• 41:23
  Speaker 2: It's you know, still solid repayments there, so we're hoping
• 41:26
  Speaker 2: we're going to go and see a few more interest
• 41:29
  Speaker 2: rates decreed over the next few months and would be lovely.
• 41:32
  Speaker 2: And then we've got the investment loan on the side,
• 41:36
  Speaker 2: So that was a ninety thousand investment loan, but quite
• 41:39
  Speaker 2: a bit of that still, half of that I think
• 41:40
  Speaker 2: is offset still at this stage by that money that
• 41:43
  Speaker 2: we pulled out. And that's it in terms of debt.
• 41:45
  Speaker 2: I do have a credit card, but I paid fully
• 41:49
  Speaker 2: every month, so I don't really consider that as a debt.
• 41:51
  Speaker 4: No, that makes sense. And you why do you have
• 41:54
  Speaker 4: a credit card? Is it so that you can collect
• 41:55
  Speaker 4: points or just manage cash flow better? Like what's the
• 41:58
  Speaker 4: plan around the credit card?
• 42:00
  Speaker 2: Point is points? Yeah?
• 42:01
  Speaker 4: Points, queen. I love this, And what are you doing
• 42:03
  Speaker 4: with your points.
• 42:03
  Speaker 2: At the moment? Not much less time. When I had
• 42:06
  Speaker 2: my credit card and I had to closet, I just
• 42:08
  Speaker 2: use it to get a bunch of gift cards and
• 42:10
  Speaker 2: I've pen my groceries for a few weeks with that
• 42:12
  Speaker 2: so that it was free groceries, so that was lovely.
• 42:15
  Speaker 2: Only have that credit card for about a year, so
• 42:17
  Speaker 2: it wasn't too much. But my thinking is if I
• 42:20
  Speaker 2: have to spend the money, because I don't increase my
• 42:23
  Speaker 2: spending because I have a credit card, it's just I
• 42:25
  Speaker 2: use it the exact same way I would use a
• 42:26
  Speaker 2: debit card. So if it's money that I have to spend,
• 42:29
  Speaker 2: might as well get something back for it.
• 42:31
  Speaker 4: Loook, I'm on your team. But also we need to
• 42:33
  Speaker 4: be so careful because if we're not good at money management,
• 42:36
  Speaker 4: like you clearly are, we end up in a pickle
• 42:38
  Speaker 4: because we end up spending more than we earned. So
• 42:41
  Speaker 4: I feel like, yes, it can be a fantastic tool
• 42:43
  Speaker 4: and I've only just started to really utilize it now.
• 42:47
  Speaker 4: I feel a bit more mature. Baby me. She would
• 42:49
  Speaker 4: have gone Ham, and you know what she did, go Ham.
• 42:51
  Speaker 4: But today's me. I'm like, oh, this is a very
• 42:54
  Speaker 4: good strategy. I need to be responsible with this, but
• 42:57
  Speaker 4: I really like it. I want to go back to
• 42:59
  Speaker 4: the house conversation for a hot second. You've got eight
• 43:02
  Speaker 4: hundred and sixty thousand dollars mortgage. What is that property
• 43:06
  Speaker 4: worth and when did you first purchase?
• 43:08
  Speaker 2: Okay, so we first purchased in twenty twenty for five
• 43:13
  Speaker 2: hundred and something. So that was the little cottage that
• 43:16
  Speaker 2: were there on the land. So that's the cottage that
• 43:18
  Speaker 2: we sold and we kept the land and then we
• 43:21
  Speaker 2: did a build. I think the build was worth about
• 43:24
  Speaker 2: six hundred something like that. So let's say the investment
• 43:29
  Speaker 2: into all of it was about one to one point
• 43:32
  Speaker 2: one something like that, and that property now is worth
• 43:36
  Speaker 2: probably around one point five one point six. Ah. How good.
• 43:41
  Speaker 4: And is that the house.
• 43:42
  Speaker 2: That you live in? Yes? Yes, and that's very much
• 43:45
  Speaker 2: our forever house. Yeah.
• 43:47
  Speaker 4: So it's like your family home. And is that the
• 43:49
  Speaker 4: plan to kind of stay in that family home for
• 43:51
  Speaker 4: a long period of time or are their plans to
• 43:53
  Speaker 4: upgrade or change or move.
• 43:55
  Speaker 2: Now one hundred percent staying there. So I think it's
• 43:57
  Speaker 2: pretty much two years to the day that we've in
• 44:00
  Speaker 2: this house, and that is the longest I spent in
• 44:03
  Speaker 2: one place since I've been eighteen since I moved out
• 44:06
  Speaker 2: a house. I've moved out seventeen times in seventeen years. Well,
• 44:09
  Speaker 2: I am done. I am done with moving. This is
• 44:13
  Speaker 2: my house.
• 44:13
  Speaker 4: Now, you're like, I'm not leaving, Sorry about that. That's
• 44:17
  Speaker 4: not an option exactly. I love this all right, So
• 44:20
  Speaker 4: tell me, I feel like you've got some pretty good
• 44:22
  Speaker 4: money habits. I mean, he came in and he said,
• 44:24
  Speaker 4: I'm an as, So what do you think is your
• 44:26
  Speaker 4: best money habit? I have a sneaky suspicion that might be,
• 44:29
  Speaker 4: like your ability to save.
• 44:31
  Speaker 2: I think it's certain it's my tracking. I am obsessive
• 44:35
  Speaker 2: with my tracking spending. So I used to track every month.
• 44:39
  Speaker 2: I would just get my expenses every month and sort
• 44:41
  Speaker 2: of categorize them. I've just realized that one month is
• 44:44
  Speaker 2: just too long because I would be very good at
• 44:46
  Speaker 2: sticking out a goal for two weeks, and then my
• 44:49
  Speaker 2: brand would just go, ooh, two weeks enough, let's go
• 44:52
  Speaker 2: do something else. So now I track daily. So every
• 44:55
  Speaker 2: morning I opened my computer and I opened my bank
• 44:58
  Speaker 2: cap and I put my expenses in so I know
• 45:00
  Speaker 2: exactly how I'm tracking at any point of the month,
• 45:03
  Speaker 2: and then it updates everything, and I do my net
• 45:05
  Speaker 2: worth monthly and I've got the charts and the collars
• 45:08
  Speaker 2: and I love it. I am absolutely obsessed with my spreadsheet.
• 45:11
  Speaker 2: So that's definitely my best money I've been there.
• 45:15
  Speaker 4: I love that. On the flip side, what's your worst
• 45:18
  Speaker 4: money habit? Do you even have one?
• 45:20
  Speaker 2: It is so I think there's two things. One thing
• 45:23
  Speaker 2: is my kids. There They're my worst money habits just
• 45:26
  Speaker 2: in themselves because I just can't resist like a little
• 45:29
  Speaker 2: treat for them, or I can say no to treat
• 45:32
  Speaker 2: for myself easy, like I can rent that in but
• 45:34
  Speaker 2: when it comes to my kid, My kids like to
• 45:37
  Speaker 2: hear both of them getting like, you know, a book
• 45:39
  Speaker 2: or puzzle or a little treats of just going to
• 45:40
  Speaker 2: the cafe with them and seeing the little face. Yeah,
• 45:43
  Speaker 2: I am much much harder to stop there. And the
• 45:48
  Speaker 2: other one is definitely that I struggle to spend. I
• 45:53
  Speaker 2: still have the scarcity mindset. I'm still scared of spending.
• 45:57
  Speaker 2: I still think about it. What if I would love
• 45:59
  Speaker 2: to be able to sort of give up some of
• 46:01
  Speaker 2: the freelance, to have more times in the evenings and
• 46:04
  Speaker 2: be less tired and less stressed. But I just can't
• 46:07
  Speaker 2: help it. I am. Yeah, it's always like, but what
• 46:10
  Speaker 2: if something happens, what if you know, what if might
• 46:12
  Speaker 2: lose my job. I got made redundant from a job
• 46:14
  Speaker 2: about eighteen months ago. I was seven weeks pregnant with
• 46:17
  Speaker 2: my second kid at the time.
• 46:19
  Speaker 4: Oh my god, Yeah, that would have been so stressful.
• 46:22
  Speaker 2: So trying to find another job in that situation was really,
• 46:25
  Speaker 2: really hard, and I was so glad I had my
• 46:28
  Speaker 2: Friendlance to fall back on and be able to dial
• 46:30
  Speaker 2: it up real quick to get some money in that.
• 46:33
  Speaker 2: Now I still can't help myself. And I was like,
• 46:36
  Speaker 2: but if I stop it and then something happened and
• 46:39
  Speaker 2: I don't have anything to fall back on, what's going
• 46:40
  Speaker 2: to happen? So I still struggle with that. We're also
• 46:43
  Speaker 2: planning a big holiday next year and same like spending
• 46:48
  Speaker 2: for that. When I see those numbers, they scare me,
• 46:50
  Speaker 2: and you know, we have the money, and my husband
• 46:54
  Speaker 2: really really rightly told me, it's like, yes, but what's
• 46:57
  Speaker 2: the point of saving so that we're able to do
• 46:58
  Speaker 2: it in ten years when the kids are older? When
• 47:01
  Speaker 2: we actually can do it now? We do have the savings.
• 47:04
  Speaker 2: We're not you know, we're not over spending for this.
• 47:06
  Speaker 2: We're we're still doing it the right way. But you know,
• 47:09
  Speaker 2: why would you wait and maybe do it in ten
• 47:11
  Speaker 2: years when you know we can do it now.
• 47:13
  Speaker 4: Yeah, it sounds like maybe there's a little bit of
• 47:14
  Speaker 4: work to do.
• 47:16
  Speaker 2: Yes, definitely, And you know, we're we're both getting better
• 47:19
  Speaker 2: with my husband as a trusting each other with money.
• 47:23
  Speaker 2: We still have a we do have a joint account
• 47:25
  Speaker 2: for all, you know, everything that's mortgage and kids and
• 47:28
  Speaker 2: and all the sort of things. But we're also now
• 47:30
  Speaker 2: more open with our own money where you know, we've
• 47:33
  Speaker 2: been together seven years, so it's probably good that there
• 47:36
  Speaker 2: is some progress.
• 47:37
  Speaker 4: No one dred percent And I think you're absolutely on
• 47:40
  Speaker 4: the right track as well. And given you know, you
• 47:42
  Speaker 4: were so open with us about your history and where
• 47:45
  Speaker 4: you've come from and what you're going through, I get it.
• 47:46
  Speaker 4: And you know what, it's not very helpful to then
• 47:48
  Speaker 4: also be made redundant that proves that you needed your
• 47:51
  Speaker 4: second job. Like I think I'd be in your shoes
• 47:54
  Speaker 4: and going, I don't really want to get rid of
• 47:55
  Speaker 4: this now, especially while you're carrying debt. And I'm not
• 47:59
  Speaker 4: saying that you should, but I think that I would
• 48:02
  Speaker 4: fully understand that situation and that mindset. But it does take,
• 48:06
  Speaker 4: as you already know, significant work to get out of
• 48:09
  Speaker 4: that mindset and going no, no, no, that's not the reality.
• 48:12
  Speaker 4: This isn't who I want to be or what I
• 48:13
  Speaker 4: want to do. And is that the only thing that
• 48:16
  Speaker 4: you reckon you have to work on to maybe get
• 48:18
  Speaker 4: to an A plus or what else would have to
• 48:21
  Speaker 4: change for you to get there.
• 48:22
  Speaker 2: No, I think that's it. I think if I was
• 48:24
  Speaker 2: a bit more reasonable sometime with the kids spending, and
• 48:27
  Speaker 2: if I was a bit more relaxed around my own money, yeah,
• 48:31
  Speaker 2: I think I'd be pretty good there.
• 48:32
  Speaker 4: I'm the same as you. I feel like before I
• 48:34
  Speaker 4: was a mum, I was like, oh no, I won't
• 48:37
  Speaker 4: get carried away with books and puzzles and little things
• 48:39
  Speaker 4: that he wants. And now he's only what like twenty
• 48:42
  Speaker 4: months old or something, and I'm literally like, oh my goodness,
• 48:46
  Speaker 4: Like if he wants something, I'm like, yeah, baby, let's
• 48:48
  Speaker 4: go get it. You want to go get baby Chinos?
• 48:51
  Speaker 4: Like I just love spending the time with him, and
• 48:53
  Speaker 4: like watching his little face light up when he has
• 48:55
  Speaker 4: a new book, like, ah, it's so bad. It's dangerous,
• 48:59
  Speaker 4: isn't it.
• 49:00
  Speaker 2: And it's the little things because it's not you know.
• 49:02
  Speaker 2: I always say, like, I don't want to spoil my kid.
• 49:04
  Speaker 2: I don't want to know, constantly buy him new toys
• 49:06
  Speaker 2: and new things. But the little things, the books and
• 49:09
  Speaker 2: the time together and oh you want to have a
• 49:11
  Speaker 2: little ride on that little merry go around the shopping
• 49:13
  Speaker 2: center and yes, sure it's only three books and.
• 49:15
  Speaker 4: Just it adds No, it does add up. It does
• 49:18
  Speaker 4: add up, and I have become that mum, And like,
• 49:20
  Speaker 4: I don't know, I don't think you can spoil your
• 49:22
  Speaker 4: kids with books, Like I just have this belief and
• 49:24
  Speaker 4: I will forever like believe that if my kid asks
• 49:29
  Speaker 4: me for a book, he can have it. Like if
• 49:30
  Speaker 4: you ask for other stuff, I'll be like, nah, but
• 49:32
  Speaker 4: if you want a book, like, I will absolutely always
• 49:35
  Speaker 4: buy you books. I hope that that is something that
• 49:38
  Speaker 4: you know, hopefully sparks a lot of love for reading
• 49:41
  Speaker 4: and whatnot, and I know that's good for them. So
• 49:42
  Speaker 4: I'm kind of like, do you want to go to
• 49:44
  Speaker 4: Dimicks and like the Dimicks at my house or like
• 49:46
  Speaker 4: close to my house is across from Coles, So that's
• 49:50
  Speaker 4: not helpful for me.
• 49:53
  Speaker 2: My mom was a literature teacher, so I grew up
• 49:55
  Speaker 2: surrounded with books and that's definitely something that probably something
• 49:59
  Speaker 2: I should spend bit less as well. I do have
• 50:01
  Speaker 2: the library subscription and all that, but yeah, for my kids,
• 50:04
  Speaker 2: I want the walls covered with books. I'd be happy
• 50:06
  Speaker 2: with that.
• 50:07
  Speaker 4: I love it. I love it or money direst Unfortunately,
• 50:09
  Speaker 4: we've run out of time. I wish we had so
• 50:11
  Speaker 4: much more time to chat. But this has been such
• 50:13
  Speaker 4: a beautiful story of you really starting from scratch, not
• 50:17
  Speaker 4: once but twice, and then I know, still having a
• 50:21
  Speaker 4: little bit of baggage when it comes to the emotional side,
• 50:23
  Speaker 4: but it sounds like you're killing it and the plan
• 50:25
  Speaker 4: is to retire by fifty So I just think this
• 50:27
  Speaker 4: is cool, like you've done an epic job, and I'm
• 50:30
  Speaker 4: just so excited about where you're at now. So thank
• 50:34
  Speaker 4: you so much for sharing your journey with me. I
• 50:36
  Speaker 4: know that my community are going to love it just
• 50:38
  Speaker 4: as much as I have.
• 50:39
  Speaker 2: Thank you very much for having me.
• 50:47
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• 50:49
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