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Money Realisations That Will Set You Free · Two Broke Chicks

• 0:00
  Speaker 1: This podcast was recorded on wrundry Land Always was, always
• 0:05
  Speaker 1: will be Aboriginal Land.
• 0:13
  Speaker 2: Hey Chicks, I'm Sol and I'm OL and this is
• 0:16
  Speaker 2: to Rote Chicks.
• 0:17
  Speaker 3: The show that shares life lessons and tips to help
• 0:19
  Speaker 3: make you reach in life.
• 0:20
  Speaker 1: We are joined by Emma Edwards, the queen behind the
• 0:23
  Speaker 1: Broke Generation, who you probably have seen all over Instagram
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  Speaker 1: and the author of Good with Money. And today we've
• 0:29
  Speaker 1: got Emma to talk us through the money realizations that
• 0:31
  Speaker 1: will set you free. But before we get into the
• 0:34
  Speaker 1: money chat, what's our life lesson of the week. My
• 0:37
  Speaker 1: life lesson of the week is to try a new cafe.
• 0:41
  Speaker 1: So obviously we're in Melbourne, but we would normally go
• 0:46
  Speaker 1: while we're here to the same cafe that's near the
• 0:49
  Speaker 1: studio and go there.
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  Speaker 3: But I was like, while we're here, let's try a
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  Speaker 3: new one.
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  Speaker 1: And I think this life lesson you can pull into
• 0:54
  Speaker 1: your daily routine. And we went to this beautiful cafe
• 0:59
  Speaker 1: in Melbourne called the Tin Pot and it is so magical.
• 1:02
  Speaker 1: It's got like stained glass windows, green walls, plants everywhere,
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  Speaker 1: vintage artwork, vintage artwork and furniture like just so stunning,
• 1:09
  Speaker 1: and it was just such a nice way to start
• 1:11
  Speaker 1: the day with something new, like the joping me here.
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  Speaker 3: I was like, yeah, gorgeous.
• 1:15
  Speaker 4: That.
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  Speaker 1: Like, try a different cafe, even if you're at work
• 1:17
  Speaker 1: and you're going into the office, try a different one
• 1:20
  Speaker 1: or on your weekend go. I know it's fun to
• 1:21
  Speaker 1: have your local, but it's fun to mix it up
• 1:23
  Speaker 1: and discover new places. My life lesson of the week
• 1:26
  Speaker 1: is data shows that people stop listening to the newest
• 1:30
  Speaker 1: pop music after the age of thirty three, and this
• 1:33
  Speaker 1: is something called taste freeze.
• 1:35
  Speaker 2: Okay, well I'm currently thirty three and can we.
• 1:38
  Speaker 3: MEAs name one Tate McCray song.
• 1:40
  Speaker 2: Oh, I wouldn't know him if it's in the Facebook
• 1:46
  Speaker 2: amazing hate Yeah, I guess. I mean I'm listening to
• 1:53
  Speaker 2: a new release from Overall Levine. If you're the collab
• 1:57
  Speaker 2: with Simple Plan, Oh yeah, I'm across it. But that's
• 2:00
  Speaker 2: what I'm saying.
• 2:01
  Speaker 3: I feel like the taste is the same as.
• 2:04
  Speaker 2: They never had taste to begin the day.
• 2:06
  Speaker 3: I love that.
• 2:07
  Speaker 2: I'm probably the wrong sample site. No, I'm into that.
• 2:09
  Speaker 1: I agree with this though, and if anything, I was
• 2:12
  Speaker 1: surprised that it was that age. I thought it was
• 2:14
  Speaker 1: going to be a lot younger, I love it. Okay,
• 2:16
  Speaker 1: that's your life lesson.
• 2:17
  Speaker 2: I've got one. So it's recently come to my attention
• 2:19
  Speaker 2: that there are bars in Sydney that give you free
• 2:22
  Speaker 2: snacks for happy hour. And we're not talking a bowl
• 2:25
  Speaker 2: of mixed nuts. We're talking sliders, where prawn buns. So
• 2:31
  Speaker 2: Morrison's does it? You know on the corner of I
• 2:34
  Speaker 2: think it's on George Street.
• 2:35
  Speaker 3: Wow.
• 2:36
  Speaker 2: And I also have work the establishment does it?
• 2:39
  Speaker 1: I also do think that we need to take advantage
• 2:41
  Speaker 1: of happy hours and meal deals just in general. I
• 2:45
  Speaker 1: love a good meal deal at a pub. Okay, shall
• 2:47
  Speaker 1: we get into the episode.
• 2:48
  Speaker 2: Let's do it.
• 2:54
  Speaker 1: Your content like spans across a lot of columns and categories,
• 2:59
  Speaker 1: and but one thing that you really do encompass a
• 3:03
  Speaker 1: lot is money realizations that will set you free, as
• 3:06
  Speaker 1: well as shopping, which I think a lot of our
• 3:10
  Speaker 1: audience can relate to the appeal and spending addiction, shopping
• 3:15
  Speaker 1: addiction being bang bong and the way that they spend
• 3:17
  Speaker 1: money predominantly on clothes. And you went a year, a
• 3:23
  Speaker 1: whole year which where with without spending.
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  Speaker 3: Money on any clothes.
• 3:29
  Speaker 1: This is something that like I am so in awe
• 3:33
  Speaker 1: because I just don't know if I could do it right.
• 3:36
  Speaker 2: Please?
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  Speaker 3: What did it teach you?
• 3:38
  Speaker 2: Oh? So many things? How much of doing it again?
• 3:41
  Speaker 2: Currently doing it?
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  Speaker 3: God, so you've been doing it for basically a year
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  Speaker 3: and a half now.
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  Speaker 2: Well, so I did it twenty twenty. Somehow a year
• 3:49
  Speaker 2: has gone by since I finished it. Yea, then I
• 3:53
  Speaker 2: had a year of living normally and I'm doing it again.
• 3:55
  Speaker 1: Oh.
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  Speaker 2: It taught me so many things about out, like not
• 4:01
  Speaker 2: just the way that we consume, but about myself and
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  Speaker 2: like the way I was using clothes to like patch
• 4:09
  Speaker 2: together my confidence or my identity. Like I've always been
• 4:12
  Speaker 2: a little chunky, and I think that that plays a
• 4:17
  Speaker 2: role in the way that you consume clothes because like
• 4:19
  Speaker 2: lots of us grew up with that narrative of like
• 4:21
  Speaker 2: you had to dress for your body shape, like you
• 4:23
  Speaker 2: you're a pair, like not to wear like it was
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  Speaker 2: always I hate it.
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  Speaker 3: I really try to like its habit, and I really
• 4:34
  Speaker 3: try to pull it out, like it still flaws up.
• 4:36
  Speaker 2: Sometimes I'm like get out and sometimes I mean that
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  Speaker 2: was a big thing. Like a lot of the things
• 4:40
  Speaker 2: that I would have in my wardrobe were like, ah,
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  Speaker 2: I only bought this because it was flattering, or sometimes
• 4:45
  Speaker 2: the appeal of it would be because I felt slimmer
• 4:48
  Speaker 2: in some way or like it, you know, skimmed my
• 4:51
  Speaker 2: legs rather than like clinging, And obviously you want things
• 4:53
  Speaker 2: to be a good fit. But it was just like,
• 4:56
  Speaker 2: there's so many things that I can't even necessarily put
• 4:58
  Speaker 2: my finger on, but there was about why it changed,
• 5:01
  Speaker 2: Like the end of the year, I was so confident
• 5:03
  Speaker 2: in my body, even though I'm the biggest I've ever been,
• 5:05
  Speaker 2: and I'm like, what, I'm still kind of unpacking what's
• 5:07
  Speaker 2: going on there, But I think it's the ability, Like
• 5:10
  Speaker 2: a lot of people have asked me, like, what was
• 5:12
  Speaker 2: in your wardrobe then that you fell in love with?
• 5:13
  Speaker 2: And I'm like, I don't even think it was that.
• 5:15
  Speaker 2: I think it was the other side, like taking away
• 5:18
  Speaker 2: that power, yeah, and that option to look outside of
• 5:21
  Speaker 2: myself for a hit. And then we think that that
• 5:24
  Speaker 2: don't mean that we get when we buy something is confidence.
• 5:27
  Speaker 2: We're like, I want to feel confident and we feel
• 5:28
  Speaker 2: good when we buy things because that's what happens when
• 5:31
  Speaker 2: you transact in the brain, and we mistake that for confidence.
• 5:35
  Speaker 2: So we think, oh, I want to feel confident at
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  Speaker 2: that wedding. I want to feel confident at work. I'm
• 5:39
  Speaker 2: going to buy an new outfit and then it wears
• 5:40
  Speaker 2: off because it wasn't really confidence. It was just a
• 5:44
  Speaker 2: newness like the novelty bolsters the negative feelings and so
• 5:48
  Speaker 2: you think you've done it.
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  Speaker 3: Like I did it.
• 5:50
  Speaker 2: Yeah, yeah, you know.
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  Speaker 1: And it's a toxic cycle because it does wear off
• 5:55
  Speaker 1: so quickly.
• 5:56
  Speaker 2: It was also quickly, and then you need a bigger
• 5:58
  Speaker 2: hit the next time. But I think the thing is
• 6:00
  Speaker 2: people like berate themselves over doing that and over buying
• 6:03
  Speaker 2: closer the wear or buying closes that, you know, when
• 6:05
  Speaker 2: you think, oh, I'm done after these, and then you
• 6:07
  Speaker 2: buy it's more stuff. But the reason we do it
• 6:10
  Speaker 2: is because it works, Like we do get the feeling
• 6:12
  Speaker 2: that we're craving. Yeah, it's just it's just misplaced. We're
• 6:15
  Speaker 2: attributing it wrong.
• 6:16
  Speaker 1: And also it's not necessarily anyone's fault either, because that's
• 6:20
  Speaker 1: what marketing and consumerism is built to do it. Because
• 6:23
  Speaker 1: if women were confident and didn't have insecurity.
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  Speaker 2: Why would the billions of dollars go?
• 6:28
  Speaker 1: Yeah, businesses would be like, fuck, what do we do?
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  Speaker 1: We've got to make them insecure. We've got to build
• 6:33
  Speaker 1: this body trend.
• 6:34
  Speaker 2: And it's funny how retailers set the trends. I never
• 6:39
  Speaker 2: really thought about it like that before, but I thought
• 6:40
  Speaker 2: about this when what do you call them? Ballet flats
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  Speaker 2: came back, and at first I was like, never again, yeah,
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  Speaker 2: never again. But the more you see them, and the
• 6:48
  Speaker 2: more you see them being celebrated, and the more you
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  Speaker 2: see them in an esthetic you know, we have such
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  Speaker 2: visibility over people's lives now everything is estheticized. The more
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  Speaker 2: you see it in that positive way, you notice your
• 7:00
  Speaker 2: brain changes, which.
• 7:01
  Speaker 3: Like you're hearing ballet flights are coming back.
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  Speaker 1: I think you scared sculpturally hate a trend when it
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  Speaker 1: comes out. Stick by that, Yeah, Like I will say that.
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  Speaker 1: I do think trends are a good way to experiment
• 7:17
  Speaker 1: and see whether you like something. But I think if
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  Speaker 1: you instantaneously you see that trend, you're like, not for
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  Speaker 1: me that stick by that.
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  Speaker 3: If you're like, oh, I've.
• 7:27
  Speaker 1: Been wearing cowboy boots since six years ago when they
• 7:30
  Speaker 1: came in, that was a trend that has become a
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  Speaker 1: stable or caps We always use that as an example
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  Speaker 1: for capsule wardrobes.
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  Speaker 2: Which is my.
• 7:38
  Speaker 1: Second question for you, because you have this iconic thing
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  Speaker 1: that you said that has been ingrained in my brain
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  Speaker 1: and we reference it on the pod all the time.
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  Speaker 1: That you said, if the only time you think you'll
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  Speaker 1: have a capsule wardrobe is when you're shopping for a
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  Speaker 1: capsule wardrobe, you'll never have a capsule wardrobe, which is
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  Speaker 1: then followed by step away from the camel blazer.
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  Speaker 2: To myself.
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  Speaker 3: I see giggle every time. Can you please explain this
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  Speaker 3: in greater detail?
• 8:05
  Speaker 2: Yes? And I think relating to capture wardrobes just on trends,
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  Speaker 2: I think if you're going to say yes to some trends,
• 8:10
  Speaker 2: or you're you want to follow trends, I think you
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  Speaker 2: also have to be willing to say no to some trends. Yes,
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  Speaker 2: you can't be like trends. I have to wear that
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  Speaker 2: because that's where you lose all of your agency in
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  Speaker 2: your style, and that's where you'll keep buying and you'll
• 8:22
  Speaker 2: always be able to be told what to buy. Are
• 8:24
  Speaker 2: they're telling you what to buy? What's cool if you
• 8:26
  Speaker 2: never have any of your own decisions. Yeah, it's slippery
• 8:30
  Speaker 2: slope capsual wardrobe. Yeah, this was like I've kind of
• 8:33
  Speaker 2: noticed that all of the thoughts that I had during
• 8:35
  Speaker 2: the year when I wasn't buying stuff. Like, if I'm
• 8:38
  Speaker 2: having those thoughts, somebody else's experienced those, So like a
• 8:41
  Speaker 2: lot of my takes like that, I'm kind of like, oh,
• 8:43
  Speaker 2: see see how this lands. And it's funny how some
• 8:45
  Speaker 2: stuff just hits with people that have obviously lived the
• 8:48
  Speaker 2: same life as me.
• 8:49
  Speaker 3: We're all, baby, Gil, we.
• 8:52
  Speaker 2: All live the same way. I think that the capsule wardrobe,
• 8:55
  Speaker 2: like the actual concept of a capsule wardrobe is that
• 8:57
  Speaker 2: all of your things go together, and when you think
• 9:00
  Speaker 2: about it in that simplistic way, that can mean having
• 9:05
  Speaker 2: a bunch of color in your wardrobe. But somewhere along
• 9:08
  Speaker 2: the line of capsule wardrobe became an esthetic. And if
• 9:12
  Speaker 2: you're buying into the esthetic and you want to have
• 9:14
  Speaker 2: a capsule wardrobe, like somebody has said to me once,
• 9:16
  Speaker 2: from what I wear on Instagram, you have a capsule wardrobe,
• 9:19
  Speaker 2: and I was like do I why do you say that?
• 9:21
  Speaker 2: And they're like, well, you wear lots of beige and
• 9:23
  Speaker 2: lots of camel, and I'm like, that's not what a
• 9:24
  Speaker 2: capsule wardrobe is.
• 9:27
  Speaker 1: A caps like wardrobe is literally a capsule wardrobe, not
• 9:31
  Speaker 1: an aesthetic. Yeah. Yeah, It's like we've gotten it confused
• 9:33
  Speaker 1: with the clean girl esthetics, and it's like, that's not
• 9:37
  Speaker 1: what that means.
• 9:38
  Speaker 2: If you want to capsule wardrobe, don't start by buying
• 9:42
  Speaker 2: for as like, start with seeing what goes with your stuff,
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  Speaker 2: Like you already have a wardrobe of things. Start seeing
• 9:49
  Speaker 2: what goes together, and build the caps you're out from there.
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  Speaker 2: But I think, as well, there's a degree of the
• 9:57
  Speaker 2: you know, the beiges and the blacks and the blue
• 9:59
  Speaker 2: jeans and the white jeans. Yeah, that I think it
• 10:02
  Speaker 2: seems easy because we're like, oh, i'll have a capsu
• 10:05
  Speaker 2: your wardrobe if I just buy a black blazer and
• 10:07
  Speaker 2: a white blazer, blue jeans and black jeans and five
• 10:10
  Speaker 2: T shirts. And we think that's easy to do. That's
• 10:13
  Speaker 2: how I can get to this end point and I'll
• 10:15
  Speaker 2: feel good, be done, I'll fly, be done, I'll done
• 10:19
  Speaker 2: for the season, I'll be happy. But I think, really,
• 10:22
  Speaker 2: if you're buying clothes that you want to wear over
• 10:24
  Speaker 2: and over again, even though a white T shirt seems simple,
• 10:28
  Speaker 2: like not all the white T shirts are different, it's
• 10:30
  Speaker 2: actually harder. But we think it's low hanging fruit. We're like,
• 10:34
  Speaker 2: I'll just go and buy it's a lot easier to
• 10:35
  Speaker 2: go out and go I'm going to buy a white
• 10:36
  Speaker 2: T shirt and two pairs of jeans than it is
• 10:39
  Speaker 2: to go well, actually really want a top in this
• 10:41
  Speaker 2: specific shade of green, and I'd like it to have
• 10:43
  Speaker 2: a cap sleeve but not too long. I'd like it
• 10:45
  Speaker 2: to be this kind of fabric. We don't want to wait,
• 10:48
  Speaker 2: We want solutions, but mean we can go and get
• 10:50
  Speaker 2: it out.
• 10:50
  Speaker 1: Yeah. Well, that's the interesting thing because I feel like,
• 10:53
  Speaker 1: out of any items of clothing, the things that we
• 10:55
  Speaker 1: are constantly searching for the perfect item is the perfect
• 11:00
  Speaker 1: white T shirt and the perfect pair of blue jeans.
• 11:02
  Speaker 1: And like you said, they're supposed to be low hanging fruit,
• 11:05
  Speaker 1: but we are always being like, oh but it's never perfect,
• 11:09
  Speaker 1: never perfect, quite right, And so someone who has a
• 11:12
  Speaker 1: crippling addiction to buying blue jeans can convert my way
• 11:15
  Speaker 1: too many. Someone called me out the other day on
• 11:17
  Speaker 1: Instagram because we were doing card or Cancel and I
• 11:20
  Speaker 1: was like, oh my god, these are like their curve
• 11:21
  Speaker 1: jeans from Hetchenel. I'm like, these gorgeous car And someone said,
• 11:25
  Speaker 1: hasn't Alex been saying for the last three years she
• 11:27
  Speaker 1: needs stop buying blue jeans?
• 11:28
  Speaker 3: And I was like, shut the puck up. But something
• 11:29
  Speaker 3: else that I love that you said is that when
• 11:32
  Speaker 3: you are.
• 11:32
  Speaker 1: Building a capsule wardrobe, you should be looking at your
• 11:35
  Speaker 1: existing wardrobe, not at buying new pieces. And that spurred
• 11:40
  Speaker 1: something that I wanted to ask you, which is is
• 11:42
  Speaker 1: clearing out your wardrobe a good money habit or a
• 11:45
  Speaker 1: bad money habit?
• 11:47
  Speaker 3: Oh?
• 11:47
  Speaker 2: Look, it can be both. But I know what you're
• 11:51
  Speaker 2: scratching at because I and I know that the people
• 11:57
  Speaker 2: have this too often would when I wanted to have
• 12:00
  Speaker 2: this overhaul of like, right, I've got to start buying
• 12:02
  Speaker 2: clothes or know, never wear my stuff, I never feel good.
• 12:05
  Speaker 2: Our instinct is to start with a clearout, but all
• 12:08
  Speaker 2: too often what then happens is that then gives us
• 12:11
  Speaker 2: this pseudo permission to buy more stuff, either because we've
• 12:13
  Speaker 2: sold it and we've got some money, or whether we've
• 12:15
  Speaker 2: just got this you know, new found like oh my god,
• 12:17
  Speaker 2: I'm such a minimalist, that instinct to buy new things,
• 12:21
  Speaker 2: and we kind of think again that the clear out
• 12:23
  Speaker 2: was the work, and now we're going to buy better
• 12:25
  Speaker 2: because we've cleared out and we're not like, you know,
• 12:28
  Speaker 2: pulling our jumpers out of a massive pile anymore. But honestly,
• 12:31
  Speaker 2: like if you are spirally, if you're not happy with
• 12:34
  Speaker 2: your wardrobe and you're spiraling about where you're buying, the
• 12:37
  Speaker 2: best thing you can do is just take a beat
• 12:39
  Speaker 2: and just don't buy anything for a while, where the
• 12:41
  Speaker 2: things you've actually got. Because when you don't have the
• 12:43
  Speaker 2: option to reach for something else or be like, oh
• 12:46
  Speaker 2: my god, I actually hate this, I'm just going to
• 12:47
  Speaker 2: run out and buy something else before tonight, you notice
• 12:51
  Speaker 2: a lot more why you don't like the things that
• 12:54
  Speaker 2: you don't feel good in, and sometimes that's something you
• 12:56
  Speaker 2: can rectify by changing the way that you're willing to
• 12:57
  Speaker 2: see yourself.
• 12:58
  Speaker 1: I think that's interesting though, because it kind of relates
• 13:02
  Speaker 1: back to what you've spoken about before, which is.
• 13:04
  Speaker 2: Like the fantasy self.
• 13:06
  Speaker 1: And I love the idea of how we see ourselves
• 13:11
  Speaker 1: and we have this vision of if I buy X
• 13:13
  Speaker 1: y Z, I'm going to beat this person who is
• 13:15
  Speaker 1: the fantasy self? And why is she draining our bank accounts?
• 13:19
  Speaker 2: Well, we all have our own version of her. Yeah,
• 13:21
  Speaker 2: I think it can often be. You know, if you
• 13:25
  Speaker 2: are plus size and you've struggled with your body image
• 13:28
  Speaker 2: around that, your fantasy self is probably gonna be somebody
• 13:30
  Speaker 2: with not necessarily slimmer than you. But what women love
• 13:33
  Speaker 2: to do, we love to admire people with a completely
• 13:35
  Speaker 2: different body type to us, like different like bone composition.
• 13:40
  Speaker 2: Like I had a friend once who had like a
• 13:43
  Speaker 2: cracking set of legs, but she didn't have a particularly
• 13:46
  Speaker 2: defined waste, but her legs were incredible. I'm like the
• 13:49
  Speaker 2: other way round. I've got time little waiste for my size,
• 13:51
  Speaker 2: but like, my legs are very chunky, and like I
• 13:53
  Speaker 2: carry a lot of cellulite, and you know, societally they
• 13:56
  Speaker 2: would be wrong, but I would always admire that she
• 13:58
  Speaker 2: could wear like mini dresses or like I always wanted
• 14:03
  Speaker 2: to wear that, and then I would try and wear
• 14:04
  Speaker 2: them and be like, I don't look like that. But
• 14:06
  Speaker 2: then she had it the completely other way and be like, oh,
• 14:08
  Speaker 2: but you can wear like so many little things that
• 14:09
  Speaker 2: make you look like hour glass. And I'm like, you
• 14:11
  Speaker 2: do that.
• 14:12
  Speaker 1: All the time, Like we did it yesterday when we
• 14:14
  Speaker 1: were shopping and we like pulled the dress out and
• 14:16
  Speaker 1: we were like, if we were six foot, like that
• 14:18
  Speaker 1: would look so chic on us.
• 14:20
  Speaker 3: Yeah, blah blah blah.
• 14:21
  Speaker 1: So your fantasy self is basically the opposite of who
• 14:24
  Speaker 1: you are.
• 14:24
  Speaker 2: I think there's elements that are opposite, and there's elements
• 14:26
  Speaker 2: of insecurities, and then I mean it's all like a
• 14:29
  Speaker 2: load of conditioning. Yeah, but yeah, a lot of the
• 14:31
  Speaker 2: time there's almost this comfort zone of the fact that
• 14:34
  Speaker 2: we can never be them, because you know, you can't
• 14:37
  Speaker 2: change your body composition per se or your like bone structure.
• 14:41
  Speaker 2: So I think there's like some element of psychological comfort
• 14:44
  Speaker 2: in chasing that thing because we get very used that,
• 14:47
  Speaker 2: we get that dopamine from thinking that we're getting closer
• 14:49
  Speaker 2: to it, and then it all comes crashing down. I
• 14:51
  Speaker 2: think really your fantasy self is that image of what
• 14:53
  Speaker 2: things are going to look like in your.
• 14:54
  Speaker 3: Head, and once you have that thing, everything will be better.
• 14:58
  Speaker 2: Yeah, And it's not just clothes. Comes down to like
• 15:00
  Speaker 2: the home that you have and the hair type that you.
• 15:03
  Speaker 1: Have, Cosmetic surgery as well of like like the body
• 15:07
  Speaker 1: dismal through of like when you get lip filler and
• 15:10
  Speaker 1: like get like, yeah, I was really struggling with my
• 15:14
  Speaker 1: skin and the severity of the acne that I was
• 15:17
  Speaker 1: dealing with and how sore it was, but also like
• 15:20
  Speaker 1: the self consciousness of it and to deal with that,
• 15:23
  Speaker 1: I was buying everything. Everything TikTok told me would fix
• 15:27
  Speaker 1: my skin in the car, checked out, spent hundreds. The
• 15:30
  Speaker 1: second I went to a dermatologist, their advice was stop buying,
• 15:34
  Speaker 1: using everything, use a cleanser, a moisturizer, an SPF, and.
• 15:40
  Speaker 3: Stop touching your fucking face.
• 15:42
  Speaker 1: And like that was literally the thing that fixed my skin.
• 15:45
  Speaker 1: But we have this thing in our head that this
• 15:47
  Speaker 1: little fantasy bitch be telling us and it's like, when
• 15:50
  Speaker 1: you like, buy this and that problem will be solved.
• 15:53
  Speaker 2: And buying is easier than doing, yes, you know what.
• 15:59
  Speaker 1: That you work.
• 16:00
  Speaker 3: It's when you buy active wear so you finally go
• 16:03
  Speaker 3: to the gym.
• 16:03
  Speaker 2: Yeah, or the arm weights, yeah, my.
• 16:06
  Speaker 3: Arm walking back.
• 16:11
  Speaker 2: Buying is easier than doing, so do before you buy.
• 16:15
  Speaker 3: No, that's a great piece of advice.
• 16:16
  Speaker 2: My mom made me wear this fugly coat to school
• 16:19
  Speaker 2: for a week before I could have the coat that
• 16:21
  Speaker 2: I she had bought me. She was like, you haven't
• 16:24
  Speaker 2: been wearing a coat and I'm like, Mom, I don't
• 16:26
  Speaker 2: want my coat because I don't like it. And she
• 16:27
  Speaker 2: was like, no, but I don't want you to have
• 16:28
  Speaker 2: this coat that you say you want because you're not
• 16:30
  Speaker 2: wearing a coach like you have to wear that, but
• 16:31
  Speaker 2: she made me wear it for five days before I
• 16:33
  Speaker 2: get have my coach because like, because you're really appreciate
• 16:34
  Speaker 2: this coat when you have it. And I was like,
• 16:37
  Speaker 2: it makes a lot of sense.
• 16:38
  Speaker 1: Yeah, you said that changing your relationship to clothes is
• 16:42
  Speaker 1: the best thing you've done for your finances. What did
• 16:46
  Speaker 1: your relationship used to look like and what does your
• 16:49
  Speaker 1: relationship look like now.
• 16:52
  Speaker 2: Before? So like I got a lot better with my
• 16:54
  Speaker 2: clothing spending as I've been working on my finances, Like
• 16:57
  Speaker 2: my finances were the project from like twenty eighteen. When
• 17:00
  Speaker 2: I started twenty nineteen, I started online properly, but I
• 17:04
  Speaker 2: was working through like the financial stuff, so like spending
• 17:07
  Speaker 2: in general. But and so while i'd like paid off
• 17:10
  Speaker 2: my debt and I wasn't putting stuff on credit cards
• 17:12
  Speaker 2: and stuff anymore, and i'd you know, had my side hustles,
• 17:16
  Speaker 2: so like the clothes I was buying, I couldn't like
• 17:17
  Speaker 2: I could afford them, So I didn't see it as
• 17:20
  Speaker 2: much of an issue anymore. And there were times when
• 17:23
  Speaker 2: I would be like, you know, working towards my goals,
• 17:25
  Speaker 2: and like things would be going well and I had
• 17:27
  Speaker 2: savings and everything was like going well, but I knew
• 17:30
  Speaker 2: that clothes were always the thing that could like knock
• 17:33
  Speaker 2: me off track, like I would have momentum going and
• 17:36
  Speaker 2: then if there was going to be anything that would
• 17:38
  Speaker 2: destroy it, it was going to be closed.
• 17:40
  Speaker 1: It was your kryptonite.
• 17:41
  Speaker 2: Yes, And I was kind of like this flared up
• 17:43
  Speaker 2: again in like lockdown, especially in Melbourne. We had a
• 17:45
  Speaker 2: really long lockdown. Yeah, going back into the office, I
• 17:50
  Speaker 2: had to have that polished, polished, but I was really
• 17:54
  Speaker 2: chasing that again and I was kind of like, oh,
• 17:56
  Speaker 2: this is really quite frustrating. And then sort of twenty
• 17:59
  Speaker 2: twenty two, when down started to become a memory, I
• 18:02
  Speaker 2: was newly self employed and I was like, oh, I
• 18:05
  Speaker 2: need to just cut something. And I'm quite a bit
• 18:07
  Speaker 2: of like a all or nothing kind of person, like
• 18:09
  Speaker 2: I know people like that's really bad, but it's just
• 18:11
  Speaker 2: my behavior. I know that's why I respond to sometimes
• 18:13
  Speaker 2: it works for people. And I was like, if I
• 18:16
  Speaker 2: can just cut out this line item on the bank statement,
• 18:18
  Speaker 2: like that's going to free up a few grand, so
• 18:21
  Speaker 2: why not? So I just did it for financial reasons
• 18:23
  Speaker 2: and I was like I can talk about it on
• 18:24
  Speaker 2: social media. That'll be fun, Like wonder what I will uncover.
• 18:28
  Speaker 2: But I didn't realize how much it would change my
• 18:30
  Speaker 2: relationship with clothes. And that's really where I started to
• 18:33
  Speaker 2: understand that this had this view. I think that anything
• 18:37
  Speaker 2: that I didn't have was immediately better than what I
• 18:40
  Speaker 2: did have. This pedestal of like it would always be
• 18:43
  Speaker 2: nicer because it's in a store and it's merchandised, right,
• 18:46
  Speaker 2: or it's on a model on the website. How did
• 18:49
  Speaker 2: you get in my brain?
• 18:50
  Speaker 4: Honestly, pressure Xavier, like fucking x men literally going into
• 18:59
  Speaker 4: the brain of every like twenty or thirty year old
• 19:02
  Speaker 4: or four year old female being like, bitch.
• 19:04
  Speaker 2: This is what you're doing. And I'm like, what, It's
• 19:06
  Speaker 2: funny you mentioned ages because when I started talking about this,
• 19:09
  Speaker 2: I was like, oh, this is the girlies, you know,
• 19:10
  Speaker 2: like this is the twenties and thirties, like whatever. It's
• 19:13
  Speaker 2: so interesting how much of this resonates with the forty
• 19:15
  Speaker 2: to fifteen yeah bracket. Like I run a challenge for
• 19:19
  Speaker 2: people that want to change their relationship with clothes, and
• 19:21
  Speaker 2: so many people in there are women that have left
• 19:23
  Speaker 2: a toxic relationship are like adjusting to being you know,
• 19:28
  Speaker 2: their kids are grown up or their kids are like
• 19:30
  Speaker 2: in school now rather than baby babies, or they've yeah,
• 19:35
  Speaker 2: they've been divorced or they're widowed. And it's so interesting
• 19:39
  Speaker 2: how if you don't address this at some point, it
• 19:42
  Speaker 2: will get you.
• 19:42
  Speaker 1: It gets yeah stays well. Stays generations are actually biggest
• 19:46
  Speaker 1: shoppers of fast fashion, and younger generations are more sustainable.
• 19:51
  Speaker 1: In this whole episode is kind of based around your
• 19:55
  Speaker 1: series money realizations that will set you free, which big love,
• 20:00
  Speaker 1: But I would love to know what's your favorite, what's
• 20:03
  Speaker 1: one that is the most slap in the face realization
• 20:06
  Speaker 1: that you can share.
• 20:08
  Speaker 2: So I went onto my videos and was like, which
• 20:10
  Speaker 2: one got the most like impact? And it was actually
• 20:14
  Speaker 2: the first one I ever did, and it was like
• 20:18
  Speaker 2: a picture of like a girl, like a model type
• 20:21
  Speaker 2: girl in a matching track suit at the airport, and
• 20:24
  Speaker 2: I was like, You're never going to look like this
• 20:25
  Speaker 2: at the airport. Back away from the matching drag suit, though,
• 20:29
  Speaker 2: I was like, I'm gonna have to take this down
• 20:31
  Speaker 2: because no one's gonna know what the fuck I'm talking about.
• 20:33
  Speaker 2: What if it's just me, we live the same life
• 20:36
  Speaker 2: or something that someone else said. It was actually Kim James,
• 20:38
  Speaker 2: friend of the pod. She was like oh, whenever I'm
• 20:42
  Speaker 2: matching dragsuit, I just looked like the iPad kid. I
• 20:47
  Speaker 2: was like, yeah, God, that is amazing. It never looks
• 20:51
  Speaker 2: like it does on Pinterest.
• 20:52
  Speaker 1: Why why doesn't life? But our next question, but does
• 21:00
  Speaker 1: being good with money actually look like.
• 21:03
  Speaker 2: Being good with money? I think to me is the
• 21:07
  Speaker 2: habits and the behaviors that go into creating the outcomes.
• 21:10
  Speaker 2: A lot of people are like, why aren't you talking
• 21:11
  Speaker 2: about building wealth then your book, and I'm like, bestie,
• 21:14
  Speaker 2: we're not there yet. But yeah, it's the financial hygiene,
• 21:18
  Speaker 2: and it's the I guess sense of agency you have
• 21:21
  Speaker 2: over your financial decisions, especially now and this has been
• 21:25
  Speaker 2: true you know for decades, but especially now with Pinterest,
• 21:28
  Speaker 2: with shoppable social media, with TikTok. Yeah, there's a lot
• 21:32
  Speaker 2: of you know, there's all of this stuff that we're
• 21:33
  Speaker 2: being sold. There's all of these standards that as women
• 21:36
  Speaker 2: we're trying to live up to that often distracts us
• 21:39
  Speaker 2: from what we actually think and what we actually want.
• 21:42
  Speaker 2: And being good with money is a willingness to examine
• 21:46
  Speaker 2: who's making your decisions for you and how you actual
• 21:48
  Speaker 2: feel about those decisions, and then actually building a sense
• 21:51
  Speaker 2: of follow through around what you say you're going to do,
• 21:54
  Speaker 2: because so many of it. I mean, I went through
• 21:56
  Speaker 2: this for years, like I was a hot mess with
• 21:59
  Speaker 2: my money and I, you know, I call it a
• 22:00
  Speaker 2: napkin budget. I would scribble down at the end of
• 22:02
  Speaker 2: the month, like shit wants to get it next week,
• 22:06
  Speaker 2: and you're like, it's going to be fine because when
• 22:07
  Speaker 2: the money comes in, I'm going to like pay that
• 22:08
  Speaker 2: off and pay that off and then everything will be fine.
• 22:11
  Speaker 2: But then I just kept repeating the same cycles. Like
• 22:13
  Speaker 2: it wasn't like, to a degree it was a mathematical
• 22:15
  Speaker 2: problem because I was earning like super low income at
• 22:17
  Speaker 2: that time, But it wasn't a matical problem. It was
• 22:21
  Speaker 2: like an identity problem and like a behavior problem. And
• 22:24
  Speaker 2: you know, I studied financial psychology, so I kind of
• 22:27
  Speaker 2: talk a lot in my book about the beliefs that
• 22:29
  Speaker 2: lead you to behave the way that you do with money,
• 22:32
  Speaker 2: and you know, with spending in such a consumerist world,
• 22:35
  Speaker 2: spending more than you intendal more than you want to
• 22:37
  Speaker 2: as seen as this moral failing, when actually, if you
• 22:39
  Speaker 2: step it right back, there's there's something there's a belief
• 22:43
  Speaker 2: that you have about money, what it's for, about yourself,
• 22:46
  Speaker 2: about what you're capable of that is actually prompting you
• 22:48
  Speaker 2: to do that has nothing to do with greed most
• 22:50
  Speaker 2: of the time. All of the time, there's always some
• 22:52
  Speaker 2: other reason. But it can mean that when we have
• 22:56
  Speaker 2: spending challenges, we don't want to address them because we're like,
• 22:59
  Speaker 2: oh my god, I just got to like as if
• 23:00
  Speaker 2: it's easy to just turn off because it's just something
• 23:02
  Speaker 2: we've done wrong. When actually, and I noticed this on
• 23:05
  Speaker 2: social media, my content about spending, especially in a private sense,
• 23:09
  Speaker 2: or my newsletter or my podcast does very very well
• 23:12
  Speaker 2: in terms of listenership. If my podcast has the word
• 23:15
  Speaker 2: spending in the title, the episode will do very well
• 23:19
  Speaker 2: high and above all my other episodes. So I know
• 23:21
  Speaker 2: people want this, but when I talk about it on
• 23:23
  Speaker 2: social media, it doesn't get that many comments. And I
• 23:26
  Speaker 2: think that people don't want to help because it's so
• 23:31
  Speaker 2: frowned upon, especially for women. It's always like you just
• 23:34
  Speaker 2: buy a team many alow times, you get your nails done. Yeah,
• 23:39
  Speaker 2: And it's like sometimes people deliberately or not misunderstand my
• 23:44
  Speaker 2: perspective on money and be like you just tell people
• 23:46
  Speaker 2: not to buy stuff, Like how is that not what
• 23:48
  Speaker 2: you just said? And I'm like No, that's not like
• 23:50
  Speaker 2: it's a fine line. I understand that, and there's new
• 23:52
  Speaker 2: ones there, but it's not about shaming yourself. But what
• 23:56
  Speaker 2: you're buying. I want you to be happy and ultimately
• 23:59
  Speaker 2: the that you're using your money as it stands is
• 24:02
  Speaker 2: not making you happy. And when you're not happy, you're
• 24:05
  Speaker 2: going to buy more stuff.
• 24:06
  Speaker 1: And line, you can never got that vibe from you,
• 24:09
  Speaker 1: just to say, I've never gotten the vibe that you're
• 24:12
  Speaker 1: sitting on a high horse.
• 24:14
  Speaker 3: I've always felt.
• 24:15
  Speaker 1: You understand and can speak to people from a place
• 24:19
  Speaker 1: of lived experience, which is what I think is so
• 24:22
  Speaker 1: incredible about your book, so incredible about your podcast, and
• 24:25
  Speaker 1: what we just genuinely love about you.
• 24:27
  Speaker 3: So what I want to.
• 24:28
  Speaker 1: Wrap this episode with is, as you've said, this is
• 24:32
  Speaker 1: really really.
• 24:33
  Speaker 3: Hard to once start and stick to. So what are
• 24:36
  Speaker 3: three really.
• 24:37
  Speaker 1: Simple things that the chicks and the women listening to
• 24:41
  Speaker 1: this can do to move towards a more financially hygienic lifestyle.
• 24:46
  Speaker 2: Financially hygienic lovely.
• 24:48
  Speaker 3: He said. Financial hygiene reforce.
• 24:52
  Speaker 2: Number one is a practical thing. Streamline your expenses. We
• 24:57
  Speaker 2: don't want to be like in week one of the month,
• 25:00
  Speaker 2: paying rent and then week two paying the energy bill,
• 25:02
  Speaker 2: and then in week three paying for Netflix. No, no, no, like
• 25:04
  Speaker 2: we want when your money comes in, we want a
• 25:06
  Speaker 2: set amount every single time to be going into a
• 25:10
  Speaker 2: fund where all your bills get paid from mental load reducer.
• 25:13
  Speaker 2: Immediately you know that your bills are taken care of,
• 25:17
  Speaker 2: and then everything else you can budget in a way
• 25:19
  Speaker 2: that suits your brain. Yep, hot take you are respecting
• 25:23
  Speaker 2: your landlord more than you're respecting yourself if your rent
• 25:26
  Speaker 2: gets paid every month but you never have anything in savings. Wow,
• 25:32
  Speaker 2: honestly deport me at this point. Seriously, Number two, look
• 25:38
  Speaker 2: at where your money is going because and this is
• 25:41
  Speaker 2: the thing that's difficult with a lot of you know,
• 25:44
  Speaker 2: financial research and financial data, especially during a you know,
• 25:47
  Speaker 2: economic difficulty pending recession. When we're self reporting about our
• 25:52
  Speaker 2: spending habits, usually we are underestimating or misrepresenting what's going on.
• 25:57
  Speaker 2: So you might be kind of like, oh, my god,
• 25:58
  Speaker 2: eighty percent of people not spending on any luxuries, and
• 26:01
  Speaker 2: you're like, neither am I, when actually, you know, you
• 26:06
  Speaker 2: probably are somewhere along the line, and it's not that
• 26:08
  Speaker 2: you shouldn't have those things, but we just want to
• 26:10
  Speaker 2: know where those are going. The big thing that I
• 26:12
  Speaker 2: always say to people is look for money leaks, so
• 26:14
  Speaker 2: areas where you don't realize that you're spending. If you
• 26:16
  Speaker 2: are popping into the grocery store more than once or
• 26:18
  Speaker 2: twice a week, probably a big leak there. So estimate
• 26:22
  Speaker 2: the number of times you've been to the supermarket. Chank
• 26:24
  Speaker 2: your back statement. If you've got multiple transactions from the
• 26:27
  Speaker 2: supermarket that are way over your estimation, you're probably popping
• 26:31
  Speaker 2: in for bits and bobs that you could actually consolidate.
• 26:33
  Speaker 2: So look at where your money is going. And then
• 26:35
  Speaker 2: number three, in terms of getting started, if you're new
• 26:40
  Speaker 2: to managing your money or building up savings and stuff,
• 26:44
  Speaker 2: start getting momentum by setting yourself a tiny little goal
• 26:48
  Speaker 2: and then achieving it like one that you will easily
• 26:50
  Speaker 2: be able to achieve. Have fifty dollars left at the
• 26:53
  Speaker 2: end of the month, if that means after this episode,
• 26:55
  Speaker 2: you go and you put fifty dollars in your up bank,
• 26:58
  Speaker 2: Hot Girl savings or whatever. So what we're trying to
• 27:01
  Speaker 2: do there is build momentum. So when you have that
• 27:03
  Speaker 2: win and you're like, oh, I can do this, then
• 27:05
  Speaker 2: next month you increase it a little bit. Next month,
• 27:07
  Speaker 2: you increase it a little bit and just you know,
• 27:09
  Speaker 2: that was a really simplified example. But whatever it is,
• 27:11
  Speaker 2: whether it's trying to buy less clothes, whether it's trying
• 27:13
  Speaker 2: to have some money left at the end of the month,
• 27:15
  Speaker 2: whether it's not using after pay, just set yourself a
• 27:18
  Speaker 2: goal that you know you can achieve and just get
• 27:20
  Speaker 2: it on the board, and then do another one it's
• 27:22
  Speaker 2: on the board, and build up that sense of achievement.
• 27:27
  Speaker 2: You know, I'm not going to you know, you can't
• 27:28
  Speaker 2: pay off all your after pace today. I get that,
• 27:30
  Speaker 2: but I'm not going to use after paid this week. Yeah, done, done, Great,
• 27:34
  Speaker 2: let's do it. Then when you get paid, we're going
• 27:36
  Speaker 2: to pay off one of them. We're going to close
• 27:38
  Speaker 2: one of them. Rather than just like frittering little bits
• 27:40
  Speaker 2: on all of the dues, close one of them down,
• 27:42
  Speaker 2: pay them early that one's gone again on the board.
• 27:45
  Speaker 2: We want to build up momentum, because momentums is going
• 27:47
  Speaker 2: to be what keeps you going in all kinds of behavior,
• 27:49
  Speaker 2: but especially with the money.
• 27:50
  Speaker 1: I love that.
• 27:51
  Speaker 3: Thank you so much.
• 27:52
  Speaker 4: You're such a pleasure education.
• 27:57
  Speaker 1: Yeah, thank you so much. For any of the chicks
• 28:00
  Speaker 1: who don't already follow you and who haven't read your book?
• 28:03
  Speaker 1: Where can they learn more about you?
• 28:05
  Speaker 2: You can find me on Instagram the dot Broke Generation
• 28:08
  Speaker 2: because some person is parked on the one without get
• 28:11
  Speaker 2: us started. Someone to get lawyer, Get me a lawyer.
• 28:15
  Speaker 2: So I'm there, I'm I'm occasionally on TikTok, but don't
• 28:18
  Speaker 2: hold your breath. You can listen to the Break Generation
• 28:21
  Speaker 2: podcast as well.
• 28:22
  Speaker 3: And what about your book?
• 28:23
  Speaker 1: Oh? Sorry?
• 28:24
  Speaker 2: And yeah, I wrote broad a book. At some stage,
• 28:26
  Speaker 2: I wrote a book called Good with Money. It's bright yellow.
• 28:28
  Speaker 2: The chicks have been so lovely and promoting it with me,
• 28:30
  Speaker 2: so thank you so much.
• 28:31
  Speaker 3: There's a really hard endorsement on the front of it.
• 28:33
  Speaker 1: Yeah really sexy.
• 28:36
  Speaker 3: What's your name again? It's like is it hell?
• 28:40
  Speaker 1: Yeah? Yeah, yeah, yeah, thank you your eels.
• 28:44
  Speaker 3: Shout out Taate McCray.
• 28:45
  Speaker 2: We know you love the show. And thank you to
• 28:47
  Speaker 2: Prediction for having us.
• 28:48
  Speaker 3: A MKA made for making this episode two road ticks happen.
• 28:51
  Speaker 3: Love you chicks. Bye,