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MONEY DIARIES: The Ripple Effect of Trauma Healing · She's On The Money

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  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
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  Speaker 1: the Order Kerney Whoalbury and a waddery woman. And before
• 0:08
  Speaker 1: we get started on She's on the Money podcast, I
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  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,
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  Speaker 1: acknowledging the elders, the ancestors and the next generation coming through.
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  Speaker 1: As this podcast is about connecting, empowering, knowledge sharing and
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  Speaker 1: the storytelling of you to make a difference for today
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  Speaker 1: and lasting impact for tomorrow.
• 0:33
  Speaker 2: Let's get into it.
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  Speaker 3: She's on the Money, She's on the Money.
• 0:57
  Speaker 2: Hello, and welcome to She's the Money the Podcast and
• 1:01
  Speaker 2: millennials who want financial freedom. Welcome back to another one
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  Speaker 2: of our money Dary episodes where I get the absolute
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  Speaker 2: pleasure of sitting down with one of our community members
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  Speaker 2: to learn all about their journey. Before we jump straight
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  Speaker 2: into it, I do want to give you guys a
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  Speaker 2: little bit of a content warning. We are going to
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  Speaker 2: discuss the topic of sexual and psychological abuse, So if
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  Speaker 2: that's something that you're not interested in consuming this week,
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  Speaker 2: I totally get it. We have literally hundreds of other
• 1:27
  Speaker 2: episodes that you can dive straight into. But if you're
• 1:30
  Speaker 2: sticking around, let's jump into the message that I got
• 1:32
  Speaker 2: this week. It sounded exactly like this, Hi V. My
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  Speaker 2: trauma healing journey helped my money mindset. I went from
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  Speaker 2: being in a well off situation as a child, and
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  Speaker 2: when my parents divorced, things changed and I had to
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  Speaker 2: pay my own way through school. I used to live
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  Speaker 2: in fear of spending any money at all, but now
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  Speaker 2: I am informed and empowered. Healing through issues like sexual
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  Speaker 2: and psychological abuse with a professional had a positive ripple
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  Speaker 2: effect on my mind mindset. I've been able to reach
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  Speaker 2: goals I never thought were possible, like buying a new car,
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  Speaker 2: going on a dream Europe trip, which led to me
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  Speaker 2: getting engaged, and now my focus is on budgeting from
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  Speaker 2: my engagement and wedding while working full time in foster
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  Speaker 2: care and studying UNI online. I've been a loyal She's
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  Speaker 2: on the Money subscriber since the very first podcast Money Diarist.
• 2:24
  Speaker 2: I'm so excited to meet you.
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  Speaker 4: Oh gosh, that feels so weird hearing it back.
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  Speaker 2: Isn't it crazy when you hear your own story back
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  Speaker 2: and you're like, Wow, that's a pretty impressive. Hey, absolutely,
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  Speaker 2: How does it make you feel? Does it make you
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  Speaker 2: feel proud? Does it make you feel overwhelmed?
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  Speaker 1: Like?
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  Speaker 2: What's that feeling?
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  Speaker 4: Like? Oh?
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  Speaker 2: Hello baby? Who's that? Who's that?
• 2:43
  Speaker 4: That's my cat, Lucy. She loves the computer.
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  Speaker 2: So oh hello Lucy. Good name for a pet, though,
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  Speaker 2: I would definitely use that one.
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  Speaker 4: I feel really proud listening to that almost like makes
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  Speaker 4: my tears well up when I think, Yeah, it's just
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  Speaker 4: been such a long journey getting from where I was
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  Speaker 4: to where I am now.
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  Speaker 2: And now you're just getting back from a European holiday,
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  Speaker 2: engaged to you're planning a wedding. Is that not the coolest,
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  Speaker 2: most surreal thing ever?
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  Speaker 4: It was the most fairy tale holiday. It just really
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  Speaker 4: could not have been more perfect.
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  Speaker 2: So now I adore it. You deserve it so much.
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  Speaker 2: All right, let's start this episode the same way I
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  Speaker 2: always do. Money Diarist. If I asked you to give
• 3:25
  Speaker 2: yourself a money grade from A three to F, what
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  Speaker 2: would your grade be?
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  Speaker 4: I think I would give myself a B. When I
• 3:32
  Speaker 4: look at how I used to see money, I just
• 3:35
  Speaker 4: was so scared to buy food, spend any money at all.
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  Speaker 4: I would literally go to the shops and if I
• 3:42
  Speaker 4: was hungry, I would like just not buy food for
• 3:45
  Speaker 4: the sake of not even spending money. So now I
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  Speaker 4: have such a balance approach, so I would say, a bee,
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  Speaker 4: I've come so far, but there's always more.
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  Speaker 2: Let's learn more about that. I'm really excited to dive
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  Speaker 2: into this one money direst my favorite question of all time.
• 4:00
  Speaker 2: Can you tell me a little bit more about your
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  Speaker 2: money story?
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  Speaker 4: So I think I have had two completely opposite experiences
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  Speaker 4: in terms of my money story. So when I was
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  Speaker 4: really young, my parents wood together. My dad retired really early,
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  Speaker 4: was really well off, no issues, no mortgage, nothing, Everything
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  Speaker 4: was a breeze. And then my parents split and I
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  Speaker 4: went to go live with my mum, which was the
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  Speaker 4: complete opposite side. We would be really struggling to get
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  Speaker 4: groceries and meet bills, and I had to actually pay
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  Speaker 4: my way through my high school years as well. So
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  Speaker 4: I did go to a public school, so it's nothing crazy,
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  Speaker 4: but for a sixteen year old, those fees and those excursions,
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  Speaker 4: it's a huge amount of money, and.
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  Speaker 2: It's a lot of pressure as well. It's not just
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  Speaker 2: the money, it's the mental load when you should be
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  Speaker 2: learning and playing with friends and not necessarily worrying too
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  Speaker 2: much about the financial aspect of life. Type of work
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  Speaker 2: were you doing.
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  Speaker 4: I was doing just the usual retail I think I
• 5:05
  Speaker 4: have three jobs circling at one time when I'm in
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  Speaker 4: high school. It's not ideal, but I just knew.
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  Speaker 2: I had to pay your way.
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  Speaker 4: Yeah, I really had no choice. So yeah, that's where
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  Speaker 4: that just grew such a scared mindset for me to be.
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  Speaker 4: You know, when I become an adult, I don't want
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  Speaker 4: to be living that life because it's terrible, really and unfortunately.
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  Speaker 4: I had a few issues as a young child, things
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  Speaker 4: like sexual abuse and psychological abuse, which I think just
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  Speaker 4: in turn is still that scared scarcity mindset. And I
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  Speaker 4: never told my parents about that because I just know,
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  Speaker 4: knowing them and their work that I do as well,
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  Speaker 4: like I work heavily and trauma informed here, so I
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  Speaker 4: just know the support really wouldn't be there. So I
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  Speaker 4: was able to get some support through professional help on
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  Speaker 4: those issues, which I think really fed into me being
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  Speaker 4: able to take control of my money mindset as well,
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  Speaker 4: because it was just scared about everything.
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  Speaker 2: Really for good reason, because you've been through a lot,
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  Speaker 2: it makes sense, like to go through the trauma that
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  Speaker 2: you've been through, and then add on financial issues, like
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  Speaker 2: all of those things just weigh so heavily on shoulders
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  Speaker 2: that aren't ready to carry the weight of the world.
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  Speaker 2: I'm so sorry that your family isn't the support that
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  Speaker 2: you know you need in that moment. And I think
• 6:28
  Speaker 2: a lot of people can probably resonate with that, because
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  Speaker 2: you either don't want to have the conversation or know
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  Speaker 2: that the conversation won't go the way that you need
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  Speaker 2: it to. How did you know to reach out for
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  Speaker 2: professional support, because it sounds like growing up, You know,
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  Speaker 2: once you hit those teenage years, you just didn't have
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  Speaker 2: the support you needed. How did you know where to
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  Speaker 2: find that and what you were looking for, because there
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  Speaker 2: are so many teenagers that would have no idea that
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  Speaker 2: these resources exist, let alone that they need them themselves.
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  Speaker 4: It's only the last couple of years that I've really
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  Speaker 4: sought that advice because my lovely fiance Now.
• 7:02
  Speaker 2: Look at your little face when you talk about them.
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  Speaker 2: Sometimes I really wish that money diaries were visual. Obviously
• 7:08
  Speaker 2: this is anonymous, but I can tell you right now
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  Speaker 2: she just like had that cheeky smile when she mentioned
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  Speaker 2: my fiance. I love that so much.
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  Speaker 4: I could see that those issues that I'd never dealt
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  Speaker 4: with and I never got any support when I was young,
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  Speaker 4: and I never told anyone until I met him. Yeah,
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  Speaker 4: I could just see it was really affecting my relationship,
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  Speaker 4: and I just thought, this is something that I really
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  Speaker 4: want to see out so and working in the industry
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  Speaker 4: that I work in, I knew, I guess, you know,
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  Speaker 4: the resources that were out there. I was about twenty
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  Speaker 4: five at this point when I decided to reach out
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  Speaker 4: to someone, So yeah, I just did that, I guess
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  Speaker 4: to benefit how I would be as an adult and
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  Speaker 4: repair those hardships.
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  Speaker 2: Oh my gosh. So let's jump backwards a little bit.
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  Speaker 2: You finish high school and what do you do where
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  Speaker 2: if we landed? What does I guess between the end
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  Speaker 2: of high school and twenty five look like.
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  Speaker 4: It was a roller coaster. I definitely have had many
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  Speaker 4: ups and downs during that time, and I think it
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  Speaker 4: was just as people that go through such traumatic experiences
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  Speaker 4: like that, I think the trials and tribulations really play
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  Speaker 4: out when they come to that adulthood and they're finding
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  Speaker 4: themselves so jumping from job to job and doing a
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  Speaker 4: lot of things that probably didn't serve me in terms
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  Speaker 4: of partying and you know, going off the rails. So
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  Speaker 4: then when I came to yeah that twenty five ages things,
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  Speaker 4: we started to slow down and I really started to
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  Speaker 4: work on myself.
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  Speaker 2: I love that. And so now let's jump forward to
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  Speaker 2: your money story. When you wrote in you said that
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  Speaker 2: your trauma healing journey had helped your money mindset. Tell
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  Speaker 2: me how those two things linked together.
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  Speaker 4: With that trauma that I had experienced. You know, it
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  Speaker 4: was so scary when I was young, and it was
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  Speaker 4: you know, for a really long time that it did occur.
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  Speaker 4: And yeah, I guess I was just scared of the world,
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  Speaker 4: really scared to do anything, and it just led into
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  Speaker 4: all aspects of my life where it was socializing, spending money.
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  Speaker 4: And when I started to see someone and really unpack
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  Speaker 4: why I was so scared to do things, it just
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  Speaker 4: kind of cracked open all those little parts of my
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  Speaker 4: life where I just didn't think that they were related.
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  Speaker 4: I just thought that they were all part of my
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  Speaker 4: roller coaster. But as I really started to get into it,
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  Speaker 4: I just could bring it back to you know, I
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  Speaker 4: was just scared to grow and scared to trust and
• 9:43
  Speaker 4: those sorts of things. So as I worked through those issues,
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  Speaker 4: and then helpful she's on the money. I found she's
• 9:49
  Speaker 4: on money so early, and I just was so scared
• 9:52
  Speaker 4: having to pay my own way through school. It's just
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  Speaker 4: something that's so instilled. When I thought about my future,
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  Speaker 4: I thought, oh gosh, I don't or my children to
• 10:01
  Speaker 4: be doing that. I just think it's made me feel
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  Speaker 4: really empowered to crack those things open and understand why
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  Speaker 4: I just built up that scarcity.
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  Speaker 2: Yeah, it's heartbreaking when you hear this, but then also
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  Speaker 2: I'm just I know you're in such a different position now,
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  Speaker 2: and sometimes we have to go through these things to
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  Speaker 2: really value where we're at now. No one should have
• 10:25
  Speaker 2: to go through them, but I think it does give
• 10:27
  Speaker 2: you a really beautiful perspective on the world, where you go, wow,
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  Speaker 2: like I went through that. I'm so proud of myself.
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  Speaker 2: But it makes a lot of sense to me where
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  Speaker 2: you're working now, because I feel, like, you know, I've
• 10:39
  Speaker 2: had this conversation a million times. I did psychology. I
• 10:42
  Speaker 2: thought I wanted to work in psychology. Obviously stumbled accidentally
• 10:46
  Speaker 2: into finance, which arguably I still think is psychology. But
• 10:51
  Speaker 2: I look at it and I go it takes such
• 10:52
  Speaker 2: a special person to work in the area that you
• 10:55
  Speaker 2: work in, because the most valuable people, unfortunately at the
• 10:59
  Speaker 2: sime time as fortunately, are the ones that have actually
• 11:03
  Speaker 2: experienced it. Because when you're going through that and you're
• 11:05
  Speaker 2: helping other people, especially in that foster system, especially, you
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  Speaker 2: know when they've experienced trauma, it's a way of connecting
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  Speaker 2: in a way that you can't if you've never experienced it.
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  Speaker 2: And I just think that is such a special position
• 11:17
  Speaker 2: for you to be in because obviously you could just
• 11:19
  Speaker 2: bury your head in the sand and go get a
• 11:20
  Speaker 2: job in finance and never talk about those things again.
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  Speaker 2: And it takes such vulnerability to step out and be like, well,
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  Speaker 2: I'm going to help people with this every day, which
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  Speaker 2: actually means I've got to confront my own demons and
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  Speaker 2: I've actually got to go through my own trauma cycle,
• 11:33
  Speaker 2: and I've actually got to get through these things otherwise
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  Speaker 2: I'm not going to be helpful at all. So that
• 11:38
  Speaker 2: leads into the question of what is your official job title?
• 11:41
  Speaker 2: And my friend, how much money do you earn?
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  Speaker 4: So my official job title is a care and support
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  Speaker 4: officer and essentially what I do is I offer support
• 11:50
  Speaker 4: and advocacy for foster cares, which would be people that
• 11:54
  Speaker 4: are looking after children in the foster care system. I
• 11:58
  Speaker 4: earn about one hundred and seven thousand inclusive of super
• 12:01
  Speaker 4: which is paid at eleven percent. And being in the
• 12:05
  Speaker 4: industry that I work and you are entitled to a salary.
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  Speaker 2: Sacrifice, Now it's a money win.
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  Speaker 4: Fifteen nine hundred dollars of my pre tax pay is
• 12:16
  Speaker 4: paid across the weeks directly into my bank account as
• 12:20
  Speaker 4: a sacrifice, I guess for being in that industry. And
• 12:25
  Speaker 4: you can use on things like rent car.
• 12:28
  Speaker 2: And do you have to stipulate what you're using your
• 12:31
  Speaker 2: salary sacrifice on or do they just give you a
• 12:33
  Speaker 2: set amount and you allocate your own budget towards that.
• 12:37
  Speaker 4: There's lots of different things you can do. You can
• 12:40
  Speaker 4: get no vated leases or food and grocery cards that
• 12:44
  Speaker 4: that money gets. There's different options. It really depends on
• 12:47
  Speaker 4: what works for you. So I use it for rent
• 12:49
  Speaker 4: each to their.
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  Speaker 2: Own Yeah, fair, I love that. That is like really
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  Speaker 2: really cool. What do you find I guess the most
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  Speaker 2: challenging thing about working with foster cares.
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  Speaker 4: I've done many roles in this industry. I used to
• 13:03
  Speaker 4: work a lot with youth homelessness. Face to face with
• 13:06
  Speaker 4: foster cares, I think it's really hard because you're not
• 13:10
  Speaker 4: in the home with them to see on the ground,
• 13:14
  Speaker 4: and there's only so much you can offer, and it
• 13:16
  Speaker 4: really is about educating them and instilling information or strategies
• 13:22
  Speaker 4: as much as I can from my little office, so
• 13:26
  Speaker 4: you're not there to give them that really intense face
• 13:29
  Speaker 4: to face support. But I think that's really hard sometimes,
• 13:32
  Speaker 4: especially with the message, can be getting lost and foster cares,
• 13:36
  Speaker 4: of course, it's not just a job for them. It
• 13:38
  Speaker 4: is their life, which I completely understand, and sometimes things
• 13:42
  Speaker 4: get lost in translation. There's lots of emotions there, so
• 13:45
  Speaker 4: sometimes it does feel like you can only provide so
• 13:48
  Speaker 4: much support from the roles I've experienced.
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  Speaker 2: Yeah. Wow. And what's the best thing about it, because
• 13:55
  Speaker 2: it's such a beautiful space to be in at the
• 13:57
  Speaker 2: same time as it being really challenging.
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  Speaker 4: The best thing when children are in the out of
• 14:04
  Speaker 4: home care system, there are ways to permanency. I'd be
• 14:07
  Speaker 4: adoption or guardianship when the child is no longer in
• 14:10
  Speaker 4: the system. Seeing those journeys and they are very low
• 14:15
  Speaker 4: but hard work and commitment from their case work team
• 14:18
  Speaker 4: and other supports just seeing that bond between them. These
• 14:21
  Speaker 4: children have been through so much, just seeing that bond
• 14:25
  Speaker 4: grow and grow and grow. It's an ever long journey,
• 14:28
  Speaker 4: but I think that is the most rewarding part.
• 14:30
  Speaker 2: That would be so beautiful to see. Like, ah, it
• 14:33
  Speaker 2: would be so rewarding being like you finally have permanency.
• 14:37
  Speaker 2: And obviously the kids sometimes don't understand what that means
• 14:41
  Speaker 2: for their future, but like, especially being in the position
• 14:44
  Speaker 2: that you're in, you go, that would have meant so much,
• 14:46
  Speaker 2: Like it's just so beautiful. Tell me now, obviously you've
• 14:51
  Speaker 2: been through a fair bit and you've now got a
• 14:53
  Speaker 2: relatively positive money mindset. I need to know what are
• 14:56
  Speaker 2: your big money goals? What are we working towards?
• 14:58
  Speaker 4: My friend, Well, my biggest money goal was my recent
• 15:02
  Speaker 4: Europe trip. Anyone that has been to Europe knows that
• 15:04
  Speaker 4: it's so expensive, but it was so worth it.
• 15:09
  Speaker 2: Where did you go? What did you do? Europe is
• 15:11
  Speaker 2: a very very large place.
• 15:13
  Speaker 4: Oh, it's my first Europe trip. So it was the Spain, London, France, Italy,
• 15:22
  Speaker 4: Amafi Coast, Greece. It was everywhere. I don't want to
• 15:26
  Speaker 4: see a plane for a little while.
• 15:28
  Speaker 2: Now, after all that fair and how much did you
• 15:32
  Speaker 2: Europe trip cost? You do you think, oh, we're not
• 15:35
  Speaker 2: talking about that. We're bearing our head in this.
• 15:38
  Speaker 4: I would think it'd probably'll be on that twenty five
• 15:42
  Speaker 4: thousand mark. But one of my greatest feats, and I
• 15:46
  Speaker 4: know this doesn't work for everybody, but my partner and
• 15:48
  Speaker 4: I would do share a credit card for daily expenses,
• 15:52
  Speaker 4: so our flights to Europe were more than half the price,
• 15:57
  Speaker 4: which were such a great money when for me. So yeah,
• 16:01
  Speaker 4: that's roughly what it would cost. So that was my
• 16:03
  Speaker 4: money goal. And I also just bought a new car,
• 16:06
  Speaker 4: which was super exciting. But now I think the next
• 16:09
  Speaker 4: morning goal is our engagement and we were going to
• 16:13
  Speaker 4: have a wedding, but that's not happening anymore.
• 16:16
  Speaker 2: Oh tell me about that. So what's the plan with
• 16:18
  Speaker 2: the engagement and wedding and what do you think that'll cost?
• 16:22
  Speaker 4: So the engagement, we're having a party with close friends.
• 16:26
  Speaker 4: We're budgeting for about seven thousand for that. And with
• 16:30
  Speaker 4: the wedding, I never wanted a wedding that my partner said, oh,
• 16:34
  Speaker 4: you know, it would be so nice to have all
• 16:36
  Speaker 4: of our friends there and have a big celebration. And
• 16:39
  Speaker 4: then I started to send him their.
• 16:40
  Speaker 2: Quotes, and you both were like you, Sarah now on
• 16:43
  Speaker 2: my page, aren't you?
• 16:45
  Speaker 4: And I said, look, we could have a great wedding,
• 16:47
  Speaker 4: which would be great, or we could go traveling for
• 16:51
  Speaker 4: six months in Asia. Up to you. So that's going
• 16:54
  Speaker 4: to be our goal.
• 16:55
  Speaker 2: Oh my gosh. So is it extended travel and we're
• 16:59
  Speaker 2: just not getting married, or is it extended travel and
• 17:02
  Speaker 2: a different route to marriage.
• 17:03
  Speaker 4: We're just going to go to the registry?
• 17:06
  Speaker 2: Yeah, cute.
• 17:08
  Speaker 4: Yeah.
• 17:08
  Speaker 2: I tried to float that idea at some point. I
• 17:11
  Speaker 2: just thought there was something so romantic about going to
• 17:14
  Speaker 2: the registry and just marrying the love of your life.
• 17:17
  Speaker 2: If you've seen social media, that is not the wedding
• 17:19
  Speaker 2: that I had. I had a very large wedding, yes,
• 17:21
  Speaker 2: and that was mainly driven by my husband going, no,
• 17:25
  Speaker 2: this is meant to be the biggest party of my
• 17:26
  Speaker 2: life and me going, if we're being honest, I don't
• 17:29
  Speaker 2: have that many friends. So ninety percent of the room
• 17:32
  Speaker 2: were his friends, and that's okay. I had the most
• 17:35
  Speaker 2: fun ever, like ever, and I don't regret it. But
• 17:38
  Speaker 2: also I just I am a little bit envious, even
• 17:41
  Speaker 2: like I wouldn't change it for the world, but like
• 17:43
  Speaker 2: this registry vibe just so romantic, so cute, like so sweet,
• 17:48
  Speaker 2: and the idea that you're going to have this big
• 17:50
  Speaker 2: holiday together like quality time is always going to trump
• 17:54
  Speaker 2: a fancy party.
• 17:55
  Speaker 4: Absolutely. I just really could not justify the cause and
• 17:59
  Speaker 4: giving the money mindset that I came from, like you know,
• 18:03
  Speaker 4: so scared of spending.
• 18:04
  Speaker 2: Money, just didn't make sense.
• 18:05
  Speaker 4: Yeah, it didn't make sense. And yes, I've come like
• 18:08
  Speaker 4: such a far away, but it's still one of the
• 18:11
  Speaker 4: core things that you know, I do reflect on. So yeah,
• 18:14
  Speaker 4: I just could not. So just a registry wedding and
• 18:17
  Speaker 4: then I dinner with like our closest friends and family,
• 18:19
  Speaker 4: and that's it.
• 18:21
  Speaker 2: I love it. I couldn't love it more. All Right, Money, Diarist,
• 18:24
  Speaker 2: I have so many questions for you. I want to
• 18:27
  Speaker 2: talk about investing and debt and good and bad money
• 18:30
  Speaker 2: habits and everything in between. But we'll get to that
• 18:33
  Speaker 2: straight after this break, So don't go anywhere. All right,
• 18:41
  Speaker 2: Money Diarist, we are back. I'm so excited about your journey.
• 18:45
  Speaker 2: I feel like there's so much to be you know,
• 18:47
  Speaker 2: pervy on Obviously your entire money mindset has changed, and
• 18:52
  Speaker 2: now I don't know, you look back on it. And
• 18:55
  Speaker 2: you look at where you've come from and this situation
• 18:58
  Speaker 2: of being. You know, said, I was well off as
• 19:00
  Speaker 2: a child and then you know, basically everything flipped and
• 19:03
  Speaker 2: changed and I was, you know, basically living in poverty
• 19:06
  Speaker 2: growing up, had to find my own way. Do you
• 19:09
  Speaker 2: think Mini, you would look forward and go, WOWE, she's
• 19:12
  Speaker 2: been on this big Europe trip. She's engaged to the
• 19:15
  Speaker 2: love of her life, like, you know, she's gonna have
• 19:18
  Speaker 2: this registry wedding and then go on another six months
• 19:21
  Speaker 2: in Asia. Would she believe that?
• 19:24
  Speaker 4: Absolutely? Not, no way. Even the fact that I was
• 19:27
  Speaker 4: able to buy my own car, you know, just being
• 19:30
  Speaker 4: able to do that, I just know, Mini, me would
• 19:33
  Speaker 4: never ever think that those dreams are possible.
• 19:36
  Speaker 2: I love that you're doing it, but I also just
• 19:38
  Speaker 2: love that I get to meet so many people in
• 19:40
  Speaker 2: our community who are the people that are Mini. People
• 19:43
  Speaker 2: needed like young you needed you, right, And I just
• 19:48
  Speaker 2: I look back and I go, that's so cool that
• 19:50
  Speaker 2: you've become that person. And you mentioned before like I
• 19:53
  Speaker 2: don't want my kids to go through that, and you
• 19:55
  Speaker 2: just know they're not, Like you just know with the
• 19:57
  Speaker 2: mindset that you have now, they're inside a good position
• 20:00
  Speaker 2: because You've done the work and you've made the change.
• 20:03
  Speaker 2: It makes me so proud even though I didn't do it.
• 20:06
  Speaker 2: I'm just like, I'm such a proud mum of everybody
• 20:08
  Speaker 2: that does this. But now, talk to me. Money mindset
• 20:12
  Speaker 2: is hard. You've obviously got more of a positive money mindset,
• 20:15
  Speaker 2: but one of the hardest things is investment. So to
• 20:18
  Speaker 2: tell me what are your thoughts on investment? Are you investing?
• 20:21
  Speaker 2: If not, why not? If so, what are you doing
• 20:24
  Speaker 2: when we're in.
• 20:24
  Speaker 4: How so, I don't have any investments currently. My partner
• 20:28
  Speaker 4: he's dabbled in investments. I want to It is such
• 20:32
  Speaker 4: a big thing.
• 20:34
  Speaker 2: It's a massive thing. That's why I'm saying, like I
• 20:36
  Speaker 2: actually expected you to be like, absolutely not yet, Victoria.
• 20:39
  Speaker 4: No, I would love the safe route. And my vision
• 20:43
  Speaker 4: is that you know, my partner's invested in a few
• 20:46
  Speaker 4: ETFs and that's really where I think I would go.
• 20:50
  Speaker 4: But I just want to really understand more before diving.
• 20:55
  Speaker 2: In, especially just something that is so it's a completely
• 20:59
  Speaker 2: different language, Like it just feels overwhelmed. I promise that
• 21:02
  Speaker 2: once you're in it, you'll be like, oh, this is
• 21:04
  Speaker 2: so much easier than I thought. But like that's the
• 21:06
  Speaker 2: way with everything.
• 21:07
  Speaker 4: Right, absolutely, but they don't teach you that sort of
• 21:10
  Speaker 4: stuff in school.
• 21:11
  Speaker 2: So now that's why I've got a job, my friend,
• 21:13
  Speaker 2: That's why I can actually do this for work. So
• 21:16
  Speaker 2: as much as I'm trying to get it into schools,
• 21:18
  Speaker 2: I'm lokey, like, ah, I might become redundant or I
• 21:21
  Speaker 2: hope I'll become redundant.
• 21:24
  Speaker 4: Oh gosh. But yeah, so investing is definitely on the cards. Well,
• 21:27
  Speaker 4: that's how my dad was so well off in my
• 21:31
  Speaker 4: younger years that he really like played the stock market
• 21:34
  Speaker 4: and did it very well. So that's always been in
• 21:37
  Speaker 4: the back of my mind. That's something that I want
• 21:39
  Speaker 4: to do. But yeah, getting there is the journey.
• 21:42
  Speaker 2: Yes, absolutely, and we're on it and I love it.
• 21:45
  Speaker 2: Tell me about debt. Do you have any debt? How
• 21:48
  Speaker 2: do you feel about debt? What does that look like?
• 21:51
  Speaker 4: I have a hex deebt. But I only started studying
• 21:56
  Speaker 4: when I already worked full time, so it's at three
• 21:59
  Speaker 4: thousand easy. But every year, because I am still currently studying,
• 22:04
  Speaker 4: it just pays down really because I've always earned over
• 22:07
  Speaker 4: that threshold while i've been studying. So there's that. And
• 22:12
  Speaker 4: like I said, I do have a credit card that
• 22:14
  Speaker 4: my partner and I share, but we use it for
• 22:17
  Speaker 4: daily expenses and groceries bills, and so once that accumulates
• 22:23
  Speaker 4: to the month, then we clear it every month, so
• 22:25
  Speaker 4: it's not really a debt. When that figure that we
• 22:28
  Speaker 4: like to set on that does blow over, I get
• 22:31
  Speaker 4: back into my scarcity mindset. But you know, sometimes things happen.
• 22:35
  Speaker 2: Yeah, absolutely, what.
• 22:37
  Speaker 4: Can you do? So I'm still learning that balance.
• 22:40
  Speaker 2: Yeah, and finding that balance is really hard but also
• 22:43
  Speaker 2: really important. Obviously, you've got that credit card with your fiance.
• 22:49
  Speaker 2: Tell me who suggested getting that credit card? I have
• 22:52
  Speaker 2: a sneaky suspicion that might not have been you, And
• 22:55
  Speaker 2: how did you feel about that? Because if you've gone
• 22:58
  Speaker 2: through what you've gone through, often we are really averse
• 23:01
  Speaker 2: to taking on any type of debt or avoiding that
• 23:04
  Speaker 2: like the plague, because it can feel like a really
• 23:06
  Speaker 2: really heavy burden.
• 23:07
  Speaker 4: Funny enough, it was me, it was you.
• 23:10
  Speaker 2: Who is she? She's a changed woman.
• 23:13
  Speaker 4: When we moved in together, we already agreed that, you know,
• 23:17
  Speaker 4: we would be sharing everything fifty to fifty and we
• 23:20
  Speaker 4: were just going to open a shared bank account where
• 23:23
  Speaker 4: we would do that. We travel pretty frequently, and I
• 23:27
  Speaker 4: did some looking into you know, those points, tacks and
• 23:30
  Speaker 4: all those sorts of things, and I thought, why don't
• 23:33
  Speaker 4: we get a credit card with the view to just
• 23:36
  Speaker 4: use it for daily expenses and it works for us
• 23:40
  Speaker 4: in another way without us having to do anything really,
• 23:43
  Speaker 4: So yes, that was my decision, and I understand not
• 23:46
  Speaker 4: everyone can do that.
• 23:47
  Speaker 2: I'm pretty irresponsible personally, which is why I can't be
• 23:51
  Speaker 2: in that, but I have got it through my business,
• 23:54
  Speaker 2: and I'm so clean in my business that when we
• 23:57
  Speaker 2: rack up Virgin points, I'm always like, look at us
• 24:00
  Speaker 2: grading to business guy. I feel such a sense of achievement.
• 24:03
  Speaker 2: I'm always like, this is on me, even though I
• 24:05
  Speaker 2: did literally nothing for it except for use the cart.
• 24:08
  Speaker 4: Yeah. So if the points situation was not there, then
• 24:12
  Speaker 4: I wouldn't be really looking at that credit card. But yeah,
• 24:15
  Speaker 4: those points have got us free flights to New Zealand,
• 24:17
  Speaker 4: half parts to Europe.
• 24:19
  Speaker 2: I love it. Tell me, now, what is your best
• 24:22
  Speaker 2: money habit, because obviously, going through all of this trauma
• 24:26
  Speaker 2: and all you actually do end up with some pretty
• 24:29
  Speaker 2: good money habits that serve you well. Right, Like they're
• 24:31
  Speaker 2: not coming from the best of places, but they are
• 24:34
  Speaker 2: on paper, very good money habits, So what are your
• 24:36
  Speaker 2: best money habits?
• 24:38
  Speaker 4: No shock here, but I am definitely not an impulse spender.
• 24:44
  Speaker 4: When I am looking to buy something or yeah, a
• 24:47
  Speaker 4: purchase of some sort, I'm really weighing up the practical
• 24:51
  Speaker 4: side of things, whether you know, is this something that
• 24:54
  Speaker 4: I actually want? Is this something that I actually need?
• 24:56
  Speaker 4: So never ever have been an impulse shopper.
• 24:59
  Speaker 2: I love And let's flip it. What's your worst money?
• 25:03
  Speaker 2: Have it?
• 25:04
  Speaker 4: Funny enough, my best money have it sometimes becomes my
• 25:07
  Speaker 4: worst money. Every six months, I consolidate my bills to
• 25:12
  Speaker 4: just make sure that you know, my weekly spendings and
• 25:15
  Speaker 4: whatnot all on track. And now I make my yance
• 25:18
  Speaker 4: and do that too. But when I am feeling stressed
• 25:23
  Speaker 4: or you know, things are getting too much, that's, in
• 25:25
  Speaker 4: a way sometimes my coping mechanism, and then I will
• 25:29
  Speaker 4: do it before it's my set time to do it,
• 25:32
  Speaker 4: and then I kind of ruminate on do I have
• 25:36
  Speaker 4: enough money for this? And I do? But you know it,
• 25:38
  Speaker 4: just as trauma goes, it's never gone. And when things get.
• 25:44
  Speaker 2: A bit wobbly in life, you're revert.
• 25:46
  Speaker 4: Yeah, those things come up again, So that then becomes
• 25:50
  Speaker 4: my worst money.
• 25:51
  Speaker 1: Have it?
• 25:51
  Speaker 4: Because I ruminate it on it too much and then
• 25:54
  Speaker 4: it doesn't make me feel good until I have to
• 25:56
  Speaker 4: take that step back and go.
• 25:57
  Speaker 2: Okay, actually I have got this.
• 26:00
  Speaker 4: I'm doing really well.
• 26:01
  Speaker 5: Actually, yeah, have you got a bigger budgeting cash flow
• 26:05
  Speaker 5: plan or is this something that you just kind of
• 26:08
  Speaker 5: go all right, oh, budget month to month or like
• 26:10
  Speaker 5: are we doing this annually?
• 26:12
  Speaker 2: Like what does taking control of your finances look like?
• 26:15
  Speaker 4: So right now, I guess we'll be looking at saving
• 26:18
  Speaker 4: that pool of money for our extended travel. So we
• 26:22
  Speaker 4: have sort of rough numbers on what we want to
• 26:24
  Speaker 4: say for that. So I think it changes every time
• 26:26
  Speaker 4: we have a.
• 26:26
  Speaker 2: New goal, as it should.
• 26:28
  Speaker 4: Yeah, buying a house at Sydney's way out of my debt.
• 26:30
  Speaker 2: May your odds ever be in your favor.
• 26:33
  Speaker 4: So that's why I do it every six months because
• 26:36
  Speaker 4: sometimes things change, things fall off, things get added, So
• 26:39
  Speaker 4: I track that in comparison to whatever that current goal
• 26:45
  Speaker 4: is to make sure we're on track.
• 26:47
  Speaker 2: Love, All right, last question I've got for you. I
• 26:51
  Speaker 2: want to know, like, I just feel like you've been
• 26:53
  Speaker 2: through so much, but you're such a glowy, happy human,
• 26:56
  Speaker 2: Like I never read the stories that are written in
• 27:00
  Speaker 2: to me before we jump into the show, because I
• 27:03
  Speaker 2: really like to be as pervy as possible, and I
• 27:06
  Speaker 2: guess as organic as possible. Right watching you when we
• 27:11
  Speaker 2: jumped on, I was like, Oh, this is going to
• 27:12
  Speaker 2: be such a positive money story. She's so happy and glowy,
• 27:15
  Speaker 2: and obviously we dove into it and I was like, Oh,
• 27:18
  Speaker 2: she's been through so much. And then obviously we started
• 27:21
  Speaker 2: talking about your fiance and you like litter up again
• 27:24
  Speaker 2: and you're just in this place that I go far
• 27:26
  Speaker 2: out Mini, you needed you, and you're doing literally everything right.
• 27:32
  Speaker 2: Tell me, now, what does the future look like?
• 27:34
  Speaker 4: Like?
• 27:34
  Speaker 2: What does life look like moving forward? Obviously there's a
• 27:37
  Speaker 2: few really exciting things on the horizon. You've just gotten engaged,
• 27:40
  Speaker 2: you're having an engagement party, you're going on a big trip.
• 27:43
  Speaker 2: But what after that? What do you think life looks
• 27:45
  Speaker 2: like in the next ten twenty years.
• 27:48
  Speaker 4: I couldn't paint a very detailed picture. And my partner,
• 27:51
  Speaker 4: he comes from a similar socio economic background, and you know,
• 27:55
  Speaker 4: in terms of those struggles, and we're just completely on
• 27:58
  Speaker 4: the same page. You know, we don't want our children
• 28:03
  Speaker 4: to suffer, I guess the way that we did, and
• 28:06
  Speaker 4: we want them to feel that you don't worry, like
• 28:10
  Speaker 4: the groceries won't have to be cut down this week
• 28:13
  Speaker 4: because you know the electricity bills coming or things like that.
• 28:16
  Speaker 4: So we're both on that same page that we just
• 28:19
  Speaker 4: want to create a home that meets.
• 28:21
  Speaker 2: All of those basic needs.
• 28:23
  Speaker 4: Yeah, that those basic needs out, they're absolutely you deserve.
• 28:27
  Speaker 2: So how does it feel knowing that you can do that? Though? Like,
• 28:31
  Speaker 2: because we both know you can do that. The position
• 28:33
  Speaker 2: you're in now is not the position you grew up in.
• 28:37
  Speaker 2: Is that something where I'm just so excited for it
• 28:39
  Speaker 2: or overwhelmed or you, I don't know, proud, Like what
• 28:43
  Speaker 2: does that look like for you?
• 28:44
  Speaker 4: I am really proud, And I think anyone who's been
• 28:47
  Speaker 4: through those kinds of hardships things, if only I had
• 28:50
  Speaker 4: someone that you could put me on the right track
• 28:52
  Speaker 4: or that I could lean on, But then I wouldn't
• 28:55
  Speaker 4: have this mindset. I might take things more for granted.
• 28:59
  Speaker 4: So you know, so I'm appreciative really of those things
• 29:02
  Speaker 4: that I've gone through. And yeah, I guess I am
• 29:04
  Speaker 4: super proud that I can look back on it and
• 29:07
  Speaker 4: see it as they are hardships, but you know, it's
• 29:11
  Speaker 4: given me the growth, it's part.
• 29:13
  Speaker 2: Of your journey. Yeah, so now tell me last question,
• 29:17
  Speaker 2: because I don't have much time left with you. At
• 29:20
  Speaker 2: the start of this episode, you said, I think I'm
• 29:21
  Speaker 2: a baby. What would it take to get to an
• 29:24
  Speaker 2: A plus?
• 29:25
  Speaker 4: Hmmm, gosh, that is a sticky one. My big thing
• 29:30
  Speaker 4: is to understand that investing side of things more. I
• 29:32
  Speaker 4: think if I had that grasp, i'd definitely be on
• 29:36
  Speaker 4: maybe the A minus side of things.
• 29:38
  Speaker 2: And that's a good position to be in.
• 29:41
  Speaker 4: Yeah, that's what I think it would be for me.
• 29:43
  Speaker 2: I love it. Oh my gosh, I have adored this chat.
• 29:45
  Speaker 2: I'm just so proud of you, Like I want to
• 29:48
  Speaker 2: jump through the screen and hug you and be like, ah,
• 29:50
  Speaker 2: you've done it. Like this is just so exciting to
• 29:54
  Speaker 2: meet people from our community who have changed their money stories.
• 29:57
  Speaker 2: As you know, I'm wildly passionate about them because because
• 30:00
  Speaker 2: we can't change our money story history, but we can
• 30:04
  Speaker 2: kind of reinvent what the future looks like. And I
• 30:06
  Speaker 2: think so many of us forget that we have that
• 30:08
  Speaker 2: power and we have that control no matter where we've
• 30:11
  Speaker 2: come from or what we're planning on doing, we actually
• 30:14
  Speaker 2: can do these things. And your story is clear proof
• 30:17
  Speaker 2: that that is possible, and I wish you could see
• 30:20
  Speaker 2: her face. She's just such a happy, glowy human being,
• 30:23
  Speaker 2: and I want that for everybody in our community, right So,
• 30:26
  Speaker 2: Money direst it has been a pleasure sharing this time
• 30:29
  Speaker 2: with you and getting to know you and getting to
• 30:30
  Speaker 2: know a little bit about your journey. I really really
• 30:33
  Speaker 2: appreciated it, and I know our community has as well.
• 30:36
  Speaker 4: Thank you so much.
• 30:44
  Speaker 3: The advice shared on She's on the Money is general
• 30:46
  Speaker 3: in nature and does not consider your individual circumstances.
• 30:50
  Speaker 2: She's on the Money exists purely for.
• 30:52
  Speaker 3: Educational purposes and should not be relied upon to make
• 30:55
  Speaker 3: an investment or financial decision. If you do choose to
• 30:58
  Speaker 3: buy a financial product, read the PDS TMD and obtain
• 31:02
  Speaker 3: appropriate financial advice.
• 31:03
  Speaker 2: Tailored towards your needs.
• 31:05
  Speaker 3: Victoria Divine and She's on the Money are authorized representatives
• 31:09
  Speaker 3: of Money sherper P T y L t D A
• 31:11
  Speaker 3: b N three two one six four nine two seven
• 31:14
  Speaker 3: seven zero eight AFS L four five one two eight
• 31:18
  Speaker 3: nine