Latest / The Curve / RTC58: Amy Fraser on balancing family and career when life doesn't go according to plan
Transcript
- 0:00Welcome to the Curve Podcast, a conversation for women who want to learn more about money,
- 0:07their money for the future they want to have. We're all busy in the pursuit for financial
- 0:12confidence and increasing your wealth should be a simple one.
- 0:16This podcast is for women to learn about investing in a non-scary or intimidating way.
- 0:21With short episodes, you'll have time to learn, digest and understand everything to do
- 0:26with the world of investing. So thank you for being here and for listening.
- 0:30Because together we really can raise the curve.
- 0:34Okay, so for those of you who don't know Amy, her full name is Amy Fraser.
- 0:38Are we referring as Amy Fraser?
- 0:40That is correct.
- 0:42She runs, well she was running a business called OK Real.
- 0:45Now is consulting for businesses, she's a coach, she's a writer,
- 0:49a very multi-talented human and we're very grateful to have you in studio.
- 0:53I would love to know beyond the job, beyond the kids.
- 0:57How would you describe yourself? Someone's like, who are you?
- 1:00Oh gosh, I feel like I would serve you.
- 1:02And I'm not answering it, but I'm like, what a stand for 10am.
- 1:05What is the meaning of happiness? What is the meaning of life?
- 1:08I guess it's like, you know, what is the essence of who you are?
- 1:11Like, how do you identify as a person?
- 1:13So esoteric, I love it.
- 1:15So I'm a woman, I am a mother, I am a business woman, I guess.
- 1:22At the core of what I do across all facets of my life,
- 1:27I would say I've always been interested in people in the way that we connect
- 1:32and what drives us and the relationships that form the foundation of that
- 1:38and that is a common thread through, I think, everything that I do.
- 1:41So does that answer the question?
- 1:43Yeah, that was a question.
- 1:44I think the thing is, because I know Amy threw actually an ex-boyfriend
- 1:48and I know that that's the kind of question you can answer.
- 1:50Like, I wouldn't probably throw that at Mimi interview kids.
- 1:53I don't know if I did very well, but it was great.
- 1:56Now, you wrote a really amazing blog post for us ages ago
- 2:00and I remember reading your answers and I'll say, oh, Amy,
- 2:04just so eloquent and really open and vulnerable and insightful
- 2:09and I just, if anyone hasn't read it, highly recommend.
- 2:12You can find it in the blog section on our website.
- 2:15But one of the things that you wrote that I wanted to ask you about
- 2:18was when you were younger, you said you were rich in love,
- 2:21but not so much in money.
- 2:22And I guess I'd love to know what your childhood was like
- 2:25and if you could just elaborate a bit on that
- 2:28and maybe how you think it's affected maybe what you do
- 2:31or your family life now.
- 2:33Yeah, great question.
- 2:35So I grew up in Auckland.
- 2:38I spent a little bit of time in Oakuni when I was little.
- 2:41My parents, my dad as a policeman,
- 2:45he has been since I was born before I was born.
- 2:49And my mum, she is a business owner as well.
- 2:55She does MBTI training, kind of similar to what I do.
- 2:59So Maya's Briggs, she runs kind of personality seminars
- 3:03and was an entrepreneur before anybody referred it to as being that.
- 3:09It was just kind of putting food on the table.
- 3:12But we didn't grow up with a lot of money.
- 3:15And when my parents separated when I was maybe sex or so,
- 3:20that became more pronounced, I guess,
- 3:25our financial situation as one way of putting it.
- 3:28You know, in saying that, we were also really privileged
- 3:31in the way that if I wanted to do speech and drama lessons,
- 3:34we did them.
- 3:35You know, my mum and my dad, they always made sure
- 3:37that we did the things that we needed to do that were important.
- 3:40But my brother remembers this really specific moment
- 3:43of our mother being really upset because she couldn't afford to pay a speeding fine.
- 3:47And he was like, I know at that moment that we had no money.
- 3:51And so all that money was a stretch.
- 3:53But I don't remember ever feeling like I lacked.
- 3:56My mother was always a great example of you can figure it out.
- 4:01And money doesn't actually matter that much.
- 4:04You don't have to have a lot of money to have a great life.
- 4:07You can start a business as a single mother with three kids at home
- 4:14and do your masters at the dining room table after they've gone to bed
- 4:18and kickstart something on your own and figure it out.
- 4:22However, I think along with that,
- 4:25we didn't have a lot of discussions about money at the dinner table.
- 4:29There wasn't an abundance of financial literacy.
- 4:32You know, a lot of people, I think,
- 4:36have awareness of investment and things like that we just didn't.
- 4:40I didn't even know what that would meant until yesterday.
- 4:44Yeah, like last week.
- 4:46I think so and me thus can relate to that lack of education,
- 4:51financial literacy.
- 4:52I mean, that was really lucky that her mum was an accountant
- 4:55so she was kind of exposed to that quite young.
- 4:58We talked about money a lot.
- 4:59Like it was very much the value.
- 5:00There was a whole conscious of the value of money.
- 5:02Like that costs money.
- 5:04That cost $30.
- 5:06And also like, okay, well, if you want that,
- 5:08you have to work for it.
- 5:09Kind of thing was like that.
- 5:11I don't remember me and my parents went wrong with me.
- 5:13But now it's like, now it gets a bit ridiculous.
- 5:16It's like ingrained in me of like,
- 5:18it's like that costs money because you know, like it's like,
- 5:20you can't sometimes get removed from that and just like,
- 5:23enjoy.
- 5:24But I honestly like wrecking my parents tried to have that with me.
- 5:28They tried with pocket money.
- 5:29They tried with all sorts of stuff.
- 5:31It's not like I was a spoiled kid but for some reason.
- 5:34I think maybe because my dad was trying to drill into me,
- 5:38I was just pushing it away, pushing it away, pushing it away, pushing it away.
- 5:40The stuff I did when I was younger,
- 5:42my relationship with my finances was like, so dire.
- 5:46Dad could not be proud of it.
- 5:48Because he's like, thank fuck.
- 5:51She is finally learning something.
- 5:53Getting affectionate.
- 5:54Yeah, yeah, yeah.
- 5:55And then I guess Amy, when you left home,
- 5:57did you go straight over to America?
- 5:59I went to Canada first.
- 6:01Cool.
- 6:02So I lived in Toronto for about six months.
- 6:05So out of uni, I went to ATI, I set a communications.
- 6:08I worked at Ogilvy for a year and then realized that
- 6:12with a communications degree in 2000 and aged myself here,
- 6:162000 or something, 2008, you could either be an account executive
- 6:21at an advertising firm or a PR girl,
- 6:23neither of which were that appealing after working and advertising for a year.
- 6:27And so I really wanted to go to New York.
- 6:30I don't know why.
- 6:31I don't know if I'd seen a movie or...
- 6:33I think I was very into music at the time and very into the arts
- 6:37and it was appealing in that sense.
- 6:39Visas were a nightmare though.
- 6:40So I landed in Canada with a guitar.
- 6:43What a hark here.
- 6:44And so cute.
- 6:46What an idiot.
- 6:47It's a movie.
- 6:48It's like, you know what?
- 6:49I want to go to New York.
- 6:50I'm just going to go to Toronto without a guitar.
- 6:52Yeah, what a loser.
- 6:53And I'm into that on like nobody's doorstep.
- 6:57Didn't know a soul.
- 6:58I remember I saved up for my ticket and got on the plane.
- 7:02And then I worked three jobs to pay my rent.
- 7:08And I worked in retail during the day.
- 7:11And then I would go to my restaurant job in the evening.
- 7:15And then I started my bar shift at one or two.
- 7:19Wow.
- 7:20And I didn't do this every day.
- 7:21I didn't do this every day.
- 7:22I didn't do this every day.
- 7:23I'm not that noble.
- 7:24But it was quite a hardcore regime.
- 7:27And then the winter set in.
- 7:29And I was like, fuck this, I'm out.
- 7:31See you back.
- 7:32Yeah.
- 7:33I was like, I can't afford heat.
- 7:34Like there's no heating.
- 7:35I'm, yeah, I'm done.
- 7:37And also, and then so from there you went to New York.
- 7:40So you were like, it's cold here.
- 7:42I'm going to go somewhere kind of cold.
- 7:44Yeah.
- 7:45I started this jewelry brand with my ex-husband called Two Gypsies.
- 7:48And it ended up in vogue and all these things.
- 7:50Oh my gosh.
- 7:51And you're like, cracked it.
- 7:52I was like, wow, you know, I'm really killing it.
- 7:55Working as a nanny and a jewelry maker in the city.
- 7:58But I love that you're like her.
- 7:59So I'm like, jean, you and me, so impressed.
- 8:01I think that's amazing.
- 8:02But it was, do you know what the best part about that was?
- 8:05My introduction to, oh, I wouldn't really call it business.
- 8:09I mean, that's a bit grandiose.
- 8:10But I remember building the website and I built it in Dreamweaver.
- 8:16And now I'm really aging myself because I remember kind of like
- 8:19drawing the little like HTML boxes and learning a very rudimentary
- 8:23version of code.
- 8:24And I think that was my first introduction of like, okay,
- 8:27well, if you want to create something, if you want to do it,
- 8:30then figure out how to do it yourself.
- 8:32And so I did that for a while and then I got my green card.
- 8:35And I think the week that I was so desperate to work,
- 8:38like a real job.
- 8:41And I got a job the week that I got my green card.
- 8:45And I worked in a branding agency as a project manager.
- 8:50We did all of the things I loved about advertising.
- 8:53And none of the stuff I hated.
- 8:55So building a brand, building a voice, and it was great.
- 8:58And now the husband, the ex-husband that you're talking about,
- 9:01you can tell me if you don't want to go here.
- 9:03But you have two kids.
- 9:05One of which was with him.
- 9:07And it was probably a less than ideal entry into motherhood,
- 9:10if I can say that, in terms of...
- 9:12Definitely worse than ideal.
- 9:14I'm like, I don't want to be offended.
- 9:16Is that something you feel comfortable talking about?
- 9:19Yeah, definitely.
- 9:20And being completely honest about what happened at that time,
- 9:23I found out at five months pregnant that he had essentially
- 9:28a double life with multiple other women.
- 9:30And so that, and that was after we'd been married for about eight years.
- 9:34And that was five months into a planned pregnancy.
- 9:37And that was at the height of kind of my career.
- 9:41At the years prior, I had built this business which we'll get into.
- 9:45But it really was the catalyst of a huge new chapter for my life.
- 9:52And that was one of my first dragons to slay.
- 9:57I'm glad that you slayed it.
- 9:59Because, you know, it would be really terrifying having your first kid in general,
- 10:03you know, regardless of even if you've a really stable happy relationship.
- 10:07But then sort of to add on like a holy shit,
- 10:09I'm like, kind of doing this by myself now.
- 10:12And do you look at yourself back then and go,
- 10:14oh my gosh, I can't believe I came through that.
- 10:16I have a lot of compassion for that woman who I was.
- 10:20And I'm sure it sounds so weird to say,
- 10:23but you wouldn't change it, right?
- 10:25I wouldn't change it.
- 10:27And it's a very, I think at the time of things like that happening.
- 10:31It's really hard to stand back and say,
- 10:33well, what is this teaching me?
- 10:35And I think at the time I didn't have this very kind of noble outlook.
- 10:40I was really just operating almost on autopilot.
- 10:44And that week that I found out I had to present these big events in San Francisco.
- 10:50And then I had some in New York.
- 10:52And there was just so much going on.
- 10:55I mean, the one thing that I always offer people in terms, by way of advice,
- 11:01in situations like that is just hold on to the things that make you feel powerful.
- 11:06And for me, that was my work.
- 11:08And my career had granted me so much of my identity.
- 11:14And the community that I'd built was also,
- 11:18I had kind of built this community, okay, real thinking that I was building something for other people.
- 11:22And it was this really serendipitous episode of my life where I thought,
- 11:26holy shit, I actually built this for me.
- 11:30And to feel that reciprocity and the love and the energy that you pour into something
- 11:36and not having that immediate gratification,
- 11:38we went profitable for years.
- 11:40And then the return on investment, if you will,
- 11:43came in such a magical form that I didn't know that I would need.
- 11:47And it came in the form of woman standing behind me
- 11:50and acting as like an army for this transformation that I had,
- 11:54that what I was forced to undergo.
- 11:57As I went through this really hard time.
- 12:01It's funny, yeah, I was just thinking,
- 12:03oh, it's not even anywhere near what you went through.
- 12:06But I remember I very first curve event.
- 12:09And we had 30 people attend, like it was the first curve event.
- 12:12And I was really, really excited and I broke up with a boyfriend the night before
- 12:15and had to go and present.
- 12:17And I was like, to my sister, remember I said, I can't do it, I can't do it, I can't do it.
- 12:20And then I was like, you know what, I have to do it.
- 12:22Like I have to, I can't let all these people down.
- 12:24Let's just get some rest.
- 12:25Someone don't worry about you.
- 12:26I just don't want that one.
- 12:28I was hanging on by a thread, but I was like,
- 12:30oh, I have to just get through this evening.
- 12:32And then afterwards I was like, I'm so glad I didn't just bail or I didn't just give up.
- 12:36And it was more, I think, a function of, I can do that, I can get through this.
- 12:41You're telling your attention or your focus to something else.
- 12:43Almost like to distract you.
- 12:45Not saying don't deal with your emotions, not deal with it, but like,
- 12:48there's that moment.
- 12:49There's something about applying yourself.
- 12:51And reminding me, because I think at that moment you probably felt a deficit in value.
- 12:56Like I've broken up with my boyfriend, I've lost something.
- 12:58So what is something that exercises that feeling of abundance or that feeling of worth?
- 13:03And for you, that was, you are offering something of yourself to other people,
- 13:09which actually in turn, it empowers you and it reminds you of your strength.
- 13:14And so even if, yeah, in those moments where you really don't want to,
- 13:18I think like using your voice is really important, important when you've gone through a period of feeling voiceless,
- 13:24doing the things that remind you of who you are and surrounding yourself with people
- 13:28who reflect back a good version or an important,
- 13:32a valuable version of yourself is what pops you through.
- 13:36It's really hard to kind of put a blanket over this.
- 13:38And I would also just like to preface this entire conversation by saying that collectively
- 13:44we are three white woman in a room from a very privileged, speaking from a very privileged perspective.
- 13:50And so even, thank you for pointing that out.
- 13:53Or even my circumstance where, yeah, I was a single mother.
- 13:56So, okay, I guess I kind of like laps into a marginalized group for five minutes or whatever it is.
- 14:02You know, I'm not a woman of color.
- 14:04I didn't have a whole lot of disadvantages working against me in the first place.
- 14:10So even though I found myself in a position of strife,
- 14:15I had things going for me, I had a family to come back to.
- 14:19And I think that we talk about privilege by way of financial privilege,
- 14:23family is a huge form of privilege.
- 14:26We recently did an anonymous sort of survey.
- 14:29We did one that was for salaries.
- 14:31And then we recently did one parental.
- 14:33And it was people wanted to know what other companies offered when it came to leaving to have a baby.
- 14:39And you've obviously been self employed for 10 years.
- 14:42So it's quite a different situation for you.
- 14:44But I just love to talk about that relationship between taking time out for work.
- 14:48And what that looks like from a support perspective, like whether you're self employed or with an employer.
- 14:54In terms of maternity leave, I'd never envisioned having this like time where I just didn't work for a while.
- 15:02I always wanted to keep working with the acknowledgement that I had no idea of what parenthood would bring me.
- 15:08But I think what's interesting is that here it's very common, you know, to have a year's maternity leave.
- 15:15Generally speaking, a lot of people I know have that offered by their employer or six months or whatever that may be.
- 15:21I got an email from kind of a founder at a company saying something along the lines of like, how found it?
- 15:27You know, she took three weeks off.
- 15:30And after her maternity leave, which is, and she didn't even check her email once.
- 15:36And like, do you want to do an interview about that?
- 15:38Because that's such a huge achievement.
- 15:41It's a good thing that she only took, it was something like she took a whole three weeks off.
- 15:46I was like, that's, you know, if you reverse that and said if somebody took three weeks off after maternity leave, he'd be like, that's insane.
- 15:52And over there, it was something to be proud of.
- 15:54Like, she really took some time off herself.
- 15:56Oh my god.
- 15:57It was something in that realm.
- 15:58And I just remember thinking, well, it's so different, the expectation of work and what we expect of women and also what we expect of ourselves.
- 16:07But I like what you said about I wasn't planning to take a year off.
- 16:10It was the whole expectation of I didn't know what motherhood entailed.
- 16:13I might be absolutely sweet with it and want to come back to work really early.
- 16:16Or I might need a lot of time.
- 16:18You know, like, it's such an unknown place.
- 16:20I think a lot of them don't have the luxury totally to even say I'm going to take their mental six months or a whole year.
- 16:26I'm never going to work again.
- 16:27Well, especially if you're self-employed, that's three months, six months a year you're not earning.
- 16:30I mean, what's it been like for you with the dynamic in your relationship?
- 16:34Well, I think having a second child in some ways, even though that was so, you know, the introduction I had to motherhood,
- 16:42was so cooked.
- 16:45I was like, what's she going to say?
- 16:48Cook, something like that.
- 16:51But I kind of, as my little boy, as he, you know, I kind of got through that first year.
- 16:57And I kind of had one kid on lock.
- 17:00I was like, okay, you drop them off to candy, whatever, you get your shit done.
- 17:05You kind of, one child is manageable.
- 17:08And then the introduction of a second has been more difficult for me in a lot of ways because it has been such a logistical challenge that you were like,
- 17:24I don't know how people do it.
- 17:25I don't know either.
- 17:27And I just somehow make it work.
- 17:30Make it work.
- 17:31But there is a cost to that.
- 17:33I really hope that I don't sound like a victim of this tragedy.
- 17:37My children are the best thing that have ever happened to me.
- 17:39However, speaking about the realities of making it work is something that we need to do more of.
- 17:45And again, I am in a situation where I have a partner.
- 17:48There's another person in our family making money as single mothers.
- 17:54I mean, I don't know how single mothers do it.
- 17:57And as you said, what is the solution to the problem?
- 18:02I think it's not just support for mothers.
- 18:05It's actually support for families at large.
- 18:09Yeah.
- 18:10Giving, like, taking the stress off of mothers to have to do both things.
- 18:15Or honestly, I feel so naive with this because I don't even know what would help.
- 18:20Well, it's systemic.
- 18:21But there's a cult.
- 18:22It needs to be addressed culturally.
- 18:24And it also needs to be addressed as a responsibility to the people.
- 18:29And so it depends on how socialist your views are, how much taxpayer money should go into supporting families.
- 18:35And what is the cost to other economic facets that, you know, what will be sacrificed as a result of that?
- 18:41Or what is the value of having women supported in the workplace?
- 18:46I mean, you know, it really depends on who you are asked as to how to solve the problem.
- 18:50But there is a problem.
- 18:52And I think we're just starting to talk about the problem.
- 18:55And then you have a whole lot of dudes who are like, well, somebody's got to have the Kurds.
- 18:59And I think that this goes back to what I was saying in the interview that I did with you guys.
- 19:04Whereas this kind of, like, low-key patriarchal infusion that I believe New Zealand and, you know,
- 19:14I'd say Australia as well as kind of entrenched in, where we have made a lot of strides for women.
- 19:21However, at the dinner table and your uncle makes a joke.
- 19:25And then your boyfriend says something and you're like, it's just there.
- 19:30It's there. It's below the surface, but it is there.
- 19:34And that permeates how we exist.
- 19:37It permeates the expectations that you have when you enter a partnership with children.
- 19:41Ask any mother with kids how they do it.
- 19:46And there will be some, I guarantee, there will be some sort of like lined up doing more.
- 19:52But it's not seen that invisible load.
- 19:55And even my friends who do make more money than their partners, they are still expected to run the house.
- 20:03So what is interesting to me is that money doesn't actually solve the problem.
- 20:09So when you're saying, how do we solve it?
- 20:12It's a hugely cultural as well, hugely around gender roles.
- 20:17God, I know this really infuriates me, it's like.
- 20:22Well, it's because you've been in a relationship where you would have a huge hard day at work.
- 20:26In fact, probably all of us will have experienced this.
- 20:29And you come home and it's like almost expected that you're making dinner.
- 20:33And I've also just had a 10 hour day and I'm exhausted.
- 20:36And I don't want to order oberates.
- 20:38So like, can we figure out a middle ground here?
- 20:40And I found out myself turning into my mother at that point.
- 20:43Because that was kind of not saying that my dad didn't make dinner.
- 20:46He did, he made delicious dinners.
- 20:47But I think it was like, both my parents were working yet.
- 20:50It was me and my sister would always go up to my mom and be like, what are we having for dinner?
- 20:53And Sharon once she just lost it.
- 20:55She was like, I don't fucking know, she didn't swear.
- 20:59And I was like, even that, that we're asking mom what's for dinner.
- 21:02We're not asking mom and dad.
- 21:04You know what I'm saying?
- 21:05And I think there's a huge, there's also an internal conflict that comes with that.
- 21:09Because I also want to be the one making dinner for my kids.
- 21:15And this is where it gets complicated.
- 21:17Because I want to be the one making sure his school bag is my son's start school in a few weeks.
- 21:27And I want to be the one who's there.
- 21:29I want to be the one at the doctor's office making sure that I'm there.
- 21:33So there is biology at play here as well.
- 21:36So I want to acknowledge that.
- 21:37Because as a mother, you do have a reflex towards your children to prioritize them.
- 21:44But what is interesting is that culturally we are now working.
- 21:47We're in the workplace and we have come to acknowledge that we do exist outside of our worms.
- 21:53And so there's this constant conflict as somebody who loves their career and who loves their children.
- 21:59But again, it's hard because I want to be there for my kids.
- 22:02I want to be the one, not all the time.
- 22:05But I want to still be there for them.
- 22:07And we're almost our own worst enemy.
- 22:09We want to do everything.
- 22:10Yes, thank you.
- 22:11But the interesting thing is, even if you think about it from a business dynamic for Kenai, often I'll be like,
- 22:16oh, I want to come to that meeting.
- 22:17She's like, yeah, but we've got to divide and conquer.
- 22:20We've got to try and get locked down here.
- 22:22So I also imagine it's hard within a dynamic where it's like, on one side, you probably want to say,
- 22:28hey, can you step up and also want to be there for all of these things?
- 22:31But at the same time, it's like, if they're doing it, you're probably like,
- 22:34okay, I'm going to get a couple of hours work done.
- 22:36It's like, what is it that you need them to pick up slack and what is within your own dynamic?
- 22:40What's helpful?
- 22:41What have you found that would be of benefit to you?
- 22:46So my partner works at a property development company in finance.
- 22:50And those hours are very fixed and they're long.
- 22:53And I think what has been helpful is being, because I think that as a woman,
- 22:58we just assume everything is our responsibility.
- 23:01And instead of having this generalized approach of like, well, you just need to help being really specific.
- 23:07Like, can you do the Kendi drop off on days XYZ?
- 23:12Being specific around the things that you need as opposed to having a generally expectation
- 23:17but not voicing it because you're raging on the inside and then expecting them to know,
- 23:21I think men respond well to very explicit direction.
- 23:25And because we've seen our mothers just kind of pick things up and do everything,
- 23:30we assume that role as well.
- 23:33Whereas being really clear about the things that your partner can help with
- 23:40has been helpful.
- 23:43And I guess it all comes down to communication.
- 23:46It's almost like a delegation.
- 23:48It's like, it's all the sound really bad.
- 23:50A contract?
- 23:51It's almost like you're all ahead of everything because let's be honest.
- 23:54You kind of are probably a little bit, but it's like you don't necessarily need to make that person feel like that.
- 23:59But it's like, okay, if I look at this, there's a project management role.
- 24:02You can be the manager of that and the manager of that.
- 24:05What would help me?
- 24:06You know, like, and you're right, it's like, is it Kendi pick up?
- 24:09You cook dinner two nights a week, is it?
- 24:11And then you can kind of plan and know the time that you're spending in certain areas of your life
- 24:16and choose where you want to spend more energy and time when you get stuff taken off your plate.
- 24:21If you're working and you're not with your kids and then if you're with the kids and you're not working,
- 24:24I don't have kids, but I just feel like I will constantly feel like I'm letting the other job down.
- 24:32But there's just only 24 hours in a day, so you literally have to divide up your time.
- 24:35But I just feel like I will constantly be like, I'm not putting enough effort into either.
- 24:40Mum's guilt, something like the number one thing that people talk about.
- 24:43Yeah, it's huge because there's that conflict at play constantly.
- 24:48I go through stages though.
- 24:50I go through stages of, or you know, I have days where I'm really, really stoked that I'm working
- 24:57and I'm producing something other than pasta.
- 25:01Or, you know, and I'm quite like, this is actually,
- 25:05but you produce a really good pasta.
- 25:07Actually, don't, I'm a shit pasta maker.
- 25:10There are a lot of things about motherhood that I love my kids more than anything in the world.
- 25:18I'm good at caring for them, but I get really over like playing.
- 25:24I'm great at reading books and doing that kind of thing and you don't want to be like,
- 25:28writing around the living room.
- 25:29No, absolutely not.
- 25:30We do a lot of dance parties and that's great.
- 25:32And in those moments, I feel, you know, when I'm looking after my kids and I know that they feel safe
- 25:36and they're coming into a home that's warm and I'm bathing them.
- 25:40And I love caring for my kids, but I know that for example, like taking right a swimming,
- 25:45I'm like, then can you do that?
- 25:47Or, you know, there are certain things that you can kind of, you can delegate to your partner,
- 25:52you can delegate to yourself as well, you can know what you're good at as a parent.
- 25:55Playing to your strengths, like in a business sense, but in a parenting sense.
- 25:58But in a parenting sense.
- 25:59But there is the guilt.
- 26:01It's like us with the curve, you know, parents of the curve, but you take out the creative jobs.
- 26:07So as our child, the curves.
- 26:09Yeah, yeah, yeah.
- 26:10But it's, yeah, you're trying to do both things well.
- 26:14And I think that what you find as a mother is you're doing, you can't do everything well.
- 26:19And so you do everything at kind of like, you do both things at like 60%
- 26:24and then you have to make peace with that.
- 26:26Can I ask you potentially a controversial question?
- 26:29We did an episode with a lawyer and she gave us an explanation around the Property Relationships Act.
- 26:35You either have essentially a prenup or by default the New Zealand law essentially means you split things with D15.
- 26:43From a financial standpoint, when you look at kids relationship,
- 26:47the balance or imbalance of work for parenting, how do you deal with money within that dynamic?
- 26:54Well, you have to look at both paying the mortgage and raising children as something that you both reap the reward from.
- 27:03And you both put into those things respectively throughout a relationship.
- 27:08So do you mean, for example, making the pastor is something that's contributing to your kids being fed well to then be healthy, happy, etc.
- 27:17Exactly. And say one partner takes less time or spends less time at work,
- 27:22or them spending less time at work as a byproduct of them investing their time and energy in the children.
- 27:30Both of the parents get to have return on investment from the kids.
- 27:35You could say well then the division of property may be the one partner hasn't contributed as much financially to the property by way of money,
- 27:47but they've invested in the family in a different way.
- 27:50So it goes back to, and both of you enjoy the roof over your head,
- 27:54but both of you enjoy fed safe, healthy children.
- 27:59So you have to look at it as a return on investment that you both reap the rewards of,
- 28:05whether that's a gain from when you sell the house,
- 28:09but you also have the return on investment from the kids.
- 28:13The kids are like little assets running around.
- 28:15Yeah, they're like little assets.
- 28:16So you've got to look at the family as an asset.
- 28:19And it's not. It's not.
- 28:21Woman's work, and I'll call it woman's work, because we all know what I mean by that, unfortunately.
- 28:27But it is not valued in the same way, because it is invisible and because it is expected.
- 28:33And also because those roles are paid really low.
- 28:36If you're a nanny or you're a cleaner, or you're a cook, even like me.
- 28:40Or you're a mother and you're not paid at all.
- 28:42But there's no value on that.
- 28:44But I also mean like what those jobs translate to financially isn't valued,
- 28:49particularly highly in society either.
- 28:51Like if you're a full-time nanny, it's not the same as what you would earn if you were a lawyer.
- 28:55And it's so hard.
- 28:57It's such hard work.
- 28:59It's such hard work.
- 29:00There's also the cost of when you stop working, it's the opportunity cost.
- 29:05So it's not just you miss out on a paycheck for six months.
- 29:08You miss out on especially, I think, if you are self-employed.
- 29:13You know, jobs being offered to you or development in a company.
- 29:19The new people that are coming in and taking those jobs.
- 29:23There's that fear of being a relevant.
- 29:25So that definitely drove me to go back to work sooner as well.
- 29:29Absolutely.
- 29:30I look at my mom and like it's been so hard for her to get a job after having kids.
- 29:36And she's kind of just ended up in retail or sort of admin work.
- 29:39And I just think she's so talented she's got so much to offer.
- 29:42But unfortunately, like the younger people that have come through,
- 29:45you know, it's just it's much more competitive and hard to build.
- 29:49I mean, you know, stats around like how hard it is for women to get their salaries back
- 29:53to where before they had kids.
- 29:54I don't know what it is.
- 29:55It takes about 10 years.
- 29:56So your salary decreases from four to eight percent when you return to it.
- 29:59I mean, this is not self-employed.
- 30:02Okay, we start it, but it's self-employed.
- 30:06So because you miss out on pay rises, because you're probably, you know,
- 30:09because you're not visually there.
- 30:12And then also you are probably going to go back part time or less hours.
- 30:18And therefore your salary affects that.
- 30:19So it takes you on average about 10 years to get back to your pre-pure and hood salary,
- 30:23which is absolutely nuts.
- 30:25I also thought that when I put my kid in kindie,
- 30:29like the first time I was like, great.
- 30:31Like those are my guaranteed eight hours a day, whatever, lol.
- 30:35You know, they get it is like a petri dish.
- 30:38So your kids then get sick and then you are constantly paying for kindie
- 30:45and they're never there.
- 30:47So I think that you need, unless you can afford a full-time nanny,
- 30:53you absolutely need a one flexible guardian.
- 30:58And if you don't have that one, I mean, I'm flexible
- 31:02and I still lean on family support so much in terms of, you know,
- 31:08grandparents, all of that.
- 31:10So you really need, and with two kids it's like, you know,
- 31:15if one of them's healthy then the other one will be sick.
- 31:18So you constantly need somebody with a flexible position
- 31:21or you need full-time help.
- 31:23I want to be able to, I hope when I have kids I'm in a position where I can afford some kind of help
- 31:28because I would love to be able to enjoy, enjoy time with them and look after them
- 31:34while also being able to work.
- 31:36I think that's something that I would love to have, like the balance that you're trying
- 31:41and obviously doing, I know it's supposed to be so hard, but from the outside
- 31:45it looks like you're doing very successfully.
- 31:48That for me would be the dream to be able to be in a position where I can afford to do both.
- 31:54Because you won't be leaving the curve before 5pm, please.
- 31:58The kids sick, sorry.
- 32:00But I love what you actually just said about being able to afford to do both.
- 32:05Because you do need to be able to afford to go to work.
- 32:08That's actually something that's glossed over a lot where yes,
- 32:13you can look at two working parents as something that is a need,
- 32:18like a financial need, but it also is a privilege in a way.
- 32:22So you have to be able to afford day care.
- 32:24Day care is expensive.
- 32:25That's right, me.
- 32:26I can't believe how much mesos like day care is.
- 32:29And that's a dog.
- 32:30Like I can't imagine children.
- 32:33So in some way, you know, it is being able to, being able to work,
- 32:39having two working parents is a privilege because you need to be able to afford that back up.
- 32:43But I think this is also something that a lot of families will come up against in terms of wall.
- 32:48It doesn't make financial sense for you to go back to work,
- 32:51but then you have a mother who's desperate to invest in herself outside of her children.
- 32:56And you can't put a price on that.
- 32:59But I'm sure that is the start of mini an argument around,
- 33:04well, we can't afford for you to go to work.
- 33:07So therefore, you have to be at home with the kids.
- 33:11I can't imagine how difficult that would be to have to look after your own children.
- 33:19It's, you know, to be denied the opportunity to,
- 33:23and your own growth and your own, yeah.
- 33:26It's for some people all that they've ever wanted us to be able to set home with their kids full time.
- 33:31And like that's also a privilege.
- 33:35You know, it's just, I think, I mean, they have to go back to work.
- 33:38And they don't want to.
- 33:39Yeah.
- 33:40Yeah.
- 33:41It's, yeah, it's very complex a topic.
- 33:44It's funny talking about my dog, which is pretty nice.
- 33:47But I remember when she was little and she went to nursery three days away.
- 33:52And I was like, from eight to two.
- 33:54And I took her one day and shared a bit of a snotty nose.
- 33:56Honestly, sounds like my child.
- 33:58And they were like, we can't take her today.
- 34:00And I instantly went to the panic mode.
- 34:02And I was like, but I can't leave her at home.
- 34:04And I have to go to work.
- 34:05And it was like this realization of it's a fucking dog back, you know?
- 34:08But I was like, this is what mothers must have to do every day.
- 34:11And then I had to call my dad.
- 34:13Can you come look after her?
- 34:14Like, I have to go into the office juggling work and family.
- 34:17Oh, yeah.
- 34:18Yeah.
- 34:19Women are super heroes.
- 34:20Yeah.
- 34:21Like, honestly, super heroes.
- 34:22Go us.
- 34:23Amy, thank you so much for coming in and talking about this.
- 34:26And I think a lot of people listening will feel just like a sigh of relief
- 34:30that there's someone that they can relate to and listen to and probably think about
- 34:34maybe the situations they're in.
- 34:35And if they want them to be different, how they can potentially approach that.
- 34:38I know, I just hope I haven't put the fear of God in the area.
- 34:41I feel like I've just marked everyone out.
- 34:43Must sort my finances.
- 34:45Must close my legs.
- 34:48Condoms all over.
- 34:49Thank you so much for joining us for today's episode of Raising the Curve.
- 34:53Please subscribe and leave a review on what ever platform you're listening on.
- 34:57We would also love for you to share this podcast with anyone you think would benefit from it.
- 35:02For more information about the curve and how you can learn more,
- 35:05head to the curve.co.nz or find us on socials at the underscore curve NZ.