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Transcript

Do I Have to Give Up My Social Life to Buy a House? + Is AI Putting My Super at Risk? · She's On The Money

• 0:00
  Speaker 1: My name is Natasha Bamblett. I'm a proud First Nations
• 0:02
  Speaker 1: woman and I'm here to acknowledge country. Hello beautiful friends.
• 0:08
  Speaker 1: We gather on the lands of the Aboriginal people. We thank,
• 0:13
  Speaker 1: acknowledge and respect the Aboriginal people's land that we're gathering
• 0:17
  Speaker 1: on today. Take pleasure in all the land and respect
• 0:33
  Speaker 1: all that you see. She's On The Money podcast acknowledges culture, country, community,
• 0:39
  Speaker 1: and connections, bringing you the tools, knowledge, and resources for
• 0:44
  Speaker 1: you to thrive.
• 0:44
  Speaker 2: She's on the money.
• 0:45
  Speaker 3: She's on the money.
• 0:46
  Speaker 4: She's on the money.
• 0:51
  Speaker 2: Hello, my spooky friends, and welcome to She's on the Money,
• 0:55
  Speaker 2: the podcast where we usually share in-depth philosophical discussions about
• 0:59
  Speaker 2: money and issues concerning your personal wealth goals.
• 1:01
  Speaker 3: But it's Friday, and you know what that means, my friends.
• 1:04
  Speaker 2: It is time for a Friday drinks, where we discard
• 1:07
  Speaker 2: the seriousness for a little levity.
• 1:09
  Speaker 3: And maybe a little spookiness.
• 1:12
  Speaker 4: Ooh.
• 1:14
  Speaker 3: Jess loves a spooky moment.
• 1:16
  Speaker 2: Joining me today are your two favourite co-hosts for another
• 1:20
  Speaker 2: round of Community Dilemmas, Whispers in the DMs, Broke Tips
• 1:24
  Speaker 2: and Money Wins of the Week. She's head of partnerships.
• 1:28
  Speaker 2: She's a painter. She's a lover of themes. And as
• 1:31
  Speaker 2: you can see, Halloween is no joke. It's Miss Jessica
• 1:35
  Speaker 2: Ricci and amateur photographer, raconteur, documenter of daily life.
• 1:42
  Speaker 3: It is the exceptional Miss Bec Syed. Oh, my gosh.
• 1:46
  Speaker 2: Hi. I love doing a little intro and I love
• 1:50
  Speaker 2: it that it feels a little bit spooky for those
• 1:52
  Speaker 2: of you following along.
• 1:53
  Speaker 3: Now, I hear we might be getting a little.
• 1:55
  Speaker 2: Bit dystopian today when it comes to this week's Community Dilemma.
• 1:59
  Speaker 2: Is the world not dystopian enough already?
• 2:02
  Speaker 1: Mm.
• 2:03
  Speaker 3: I feel like there's just a lot going on.
• 2:05
  Speaker 2: I'm also told that today's question of the week might
• 2:09
  Speaker 2: be a little on the nose, as in the episode
• 2:11
  Speaker 2: airs right before Halloween, so our team was trying to
• 2:14
  Speaker 2: be a little bit spooky, not genuinely horrifying. So hopefully
• 2:18
  Speaker 2: we hit the mark without scaring anybody away.
• 2:21
  Speaker 3: Now, I'm intrigued.
• 2:22
  Speaker 2: My friends, hold that thought, because after a quick coffee break,
• 2:26
  Speaker 2: we're going to be sharing a five-star review, and.
• 2:28
  Speaker 3: The suspense should be killing you.
• 2:30
  Speaker 4: Hey!
• 2:34
  Speaker 3: It's time for a spooky. I'm trying really hard to
• 2:38
  Speaker 3: make this episode Halloween themed, my friends. Spooky five star review.
• 2:43
  Speaker 3: Only kidding. There's literally nothing scary about being praised.
• 2:46
  Speaker 2: In fact, we adore it. It's our favorite thing. And
• 2:48
  Speaker 2: you know who else we adore? Leanne, who gave us
• 2:50
  Speaker 2: this praise this week. So our five-star review comes from
• 2:54
  Speaker 2: a friend of the community who gave her full government name,
• 2:57
  Speaker 2: Rogue when it's Halloween, but okay, Leanne Armstrong.
• 3:01
  Speaker 3: She's written, your.
• 3:03
  Speaker 2: Days without the boss are always so much fun to
• 3:05
  Speaker 2: listen to, but don't tell her I said that. I
• 3:09
  Speaker 2: have loved watching you both grow and learn with Victoria.
• 3:12
  Speaker 2: Congratulations on your house, Miss Jessica Ricci. You can call
• 3:15
  Speaker 2: this a five-star review, please.
• 3:17
  Speaker 3: Thanks, Leanne. Thank you so much, Leanne.
• 3:20
  Speaker 4: We'll definitely pretend Victoria didn't hear that. It's so scary.
• 3:23
  Speaker 2: I'll pretend I didn't hear that. But like, I guess.
• 3:27
  Speaker 2: Thank you so much.
• 3:28
  Speaker 4: For listening to our podcast.
• 3:30
  Speaker 2: And I guess thank you so much for witnessing our growth,
• 3:34
  Speaker 2: not just as individuals, but as a podcast and a show.
• 3:37
  Speaker 2: And thank you for preferring it when I'm not on it.
• 3:42
  Speaker 4: I really like that. It's just because we get to
• 3:43
  Speaker 4: go a little bit crazy.
• 3:44
  Speaker 3: Oh, yeah, we get some. You do, the B &
• 3:45
  Speaker 3: J show.
• 3:48
  Speaker 2: So, my friends, if you have any praise for our pod,
• 3:50
  Speaker 2: please don't be shy. Share your compliments and glowing reviews
• 3:53
  Speaker 2: about She's On The Money anywhere anyone is going to
• 3:56
  Speaker 2: let you or ideally wherever you get your podcasts.
• 4:00
  Speaker 4: Okay.
• 4:01
  Speaker 2: Now it's time for a slightly Halloween coded question of
• 4:05
  Speaker 2: the week.
• 4:06
  Speaker 3: Are you ready?
• 4:07
  Speaker 4: Mm-hmm.
• 4:07
  Speaker 3: All right.
• 4:07
  Speaker 2: Isabella wants to know, if you were all serial killers
• 4:11
  Speaker 2: but didn't know it, who do you think would get
• 4:13
  Speaker 2: caught first?
• 4:14
  Speaker 4: Oh.
• 4:15
  Speaker 3: Oh, I know. It's Beck. Beck's getting caught. I was
• 4:19
  Speaker 3: thinking that maybe like accidentally. No, it wouldn't be an accident.
• 4:24
  Speaker 1: Not accidentally.
• 4:24
  Speaker 2: You leave your car unlocked because you can't be bothered
• 4:28
  Speaker 2: locking it.
• 4:28
  Speaker 4: Yes. True.
• 4:29
  Speaker 5: You'd be like, oh, I'll just leave the body in
• 4:31
  Speaker 5: my boot for a while. Yeah, I feel like, oh, God,
• 4:35
  Speaker 5: it'd be so much effort, wouldn't it be? It'd just
• 4:37
  Speaker 5: be like to cover your tracks. You got to remember everything. Probably, yeah,
• 4:41
  Speaker 5: it would probably be me. Or it would be like
• 4:43
  Speaker 5: hiding in plain sight. Like it's like obviously I'm not
• 4:45
  Speaker 5: a serial killer because I'm so like, you know.
• 4:47
  Speaker 4: So lovable.
• 4:48
  Speaker 3: Oh, that's so cute. Yeah, the cops are going to
• 4:50
  Speaker 3: be like, can't be her. Can't be her. You'd be
• 4:53
  Speaker 3: so dumb. Have you ever.
• 4:55
  Speaker 2: Spoken to someone about their likelihood of being a serial
• 4:58
  Speaker 2: killer while there literally looks like there's an axe coming
• 5:00
  Speaker 2: out of their head, Jess?
• 5:02
  Speaker 3: Because, like, that's where we're at. I think serial killed.
• 5:05
  Speaker 3: You're the one being killed. And you know who put
• 5:07
  Speaker 3: it there?
• 5:08
  Speaker 1: Jess.
• 5:08
  Speaker 3: Yeah, exactly. So I think I'm the victim here. And you? Perpetrator?
• 5:14
  Speaker 4: Yeah. I think, oh, I mean, if you get caught,
• 5:17
  Speaker 4: you're always like, yeah.
• 5:19
  Speaker 3: Jess is offended that people would even be like, what
• 5:22
  Speaker 3: do you mean I have to think about what would
• 5:24
  Speaker 3: happen if I was a serial killer? She never would.
• 5:27
  Speaker 3: I think my problem.
• 5:28
  Speaker 4: Would be I would have to turn myself in because
• 5:30
  Speaker 4: of the guilt.
• 5:31
  Speaker 3: Yeah, you would be very like.
• 5:32
  Speaker 4: I went to the shops on the weekend and I
• 5:34
  Speaker 4: like obviously did my checkout, whatever. I got to the
• 5:36
  Speaker 4: car and I realized I hadn't scanned like two Gatorade
• 5:38
  Speaker 4: bottles because they were hidden behind my like big box.
• 5:41
  Speaker 3: Is that what you told them?
• 5:43
  Speaker 4: Yeah, well, this is it. I got to the car
• 5:44
  Speaker 4: and obviously in my head I know that Coles is
• 5:46
  Speaker 4: not going to be hard done by if I take
• 5:48
  Speaker 4: two Gatorades on accident. But I felt so guilty I
• 5:51
  Speaker 4: had to.
• 5:51
  Speaker 3: Go back in.
• 5:52
  Speaker 4: No.
• 5:53
  Speaker 3: It was so embarrassing because I had to walk clean.
• 5:56
  Speaker 4: I was like, just had to walk back through. And
• 5:57
  Speaker 4: I was like, I look like I'm stealing. And I
• 5:59
  Speaker 4: was like, well, I kind of technically just did.
• 6:01
  Speaker 3: You are so cute.
• 6:03
  Speaker 4: The guilt would eat me up. But I think I'm
• 6:05
  Speaker 4: detail oriented. So maybe I'd be like, not bad.
• 6:07
  Speaker 3: I think you'd be really good.
• 6:08
  Speaker 4: I think without a doubt, VD would be the best
• 6:10
  Speaker 4: because she's listened to every possible true crime.
• 6:13
  Speaker 3: Yeah.
• 6:13
  Speaker 4: If you want to hide a body, she knows how
• 6:15
  Speaker 4: to do it.
• 6:16
  Speaker 2: I'm really scared of how my brain works sometimes.
• 6:21
  Speaker 3: I think I'd be great at it.
• 6:22
  Speaker 4: Yeah.
• 6:22
  Speaker 3: Like, not at the killing part. Like, I don't want
• 6:24
  Speaker 3: to do that.
• 6:25
  Speaker 2: I don't want to physically be involved in any of it.
• 6:28
  Speaker 3: No, you would have an assistant to do that. The strategy, though, like,
• 6:31
  Speaker 3: I reckon Beck could do it. I would hide it.
• 6:34
  Speaker 3: Gorgeous video. And do you want me to get, like,
• 6:36
  Speaker 3: real morbid? Please. Because this is, like, a Halloween episode.
• 6:39
  Speaker 2: Absolutely.
• 6:40
  Speaker 4: So.
• 6:40
  Speaker 2: Something that a lot of people don't know about me
• 6:45
  Speaker 2: is what my mum's.
• 6:46
  Speaker 3: Career was as I was growing up, right? So my
• 6:51
  Speaker 3: mum was a coroner.
• 6:53
  Speaker 2: And I remember in grade three at parent-teacher conference, they
• 6:57
  Speaker 2: really wanted to talk to my mum. because I had
• 7:01
  Speaker 2: told all the kids at school that my mum cuts
• 7:03
  Speaker 2: up dead people. And apparently that's not what you should
• 7:09
  Speaker 2: say to other children. So I learned very quickly that
• 7:13
  Speaker 2: maybe we shouldn't be talking about my mum's career publicly.
• 7:16
  Speaker 2: But a lot of topics were maybe discussed at my
• 7:18
  Speaker 2: dinner table that were probably definitely not discussed at either
• 7:21
  Speaker 2: of your dinner tables.
• 7:22
  Speaker 4: You could have ended up in a whole different career path.
• 7:25
  Speaker 2: Yeah.
• 7:25
  Speaker 1: Yeah.
• 7:26
  Speaker 2: And I I don't know if it plays into my
• 7:28
  Speaker 2: interest in the space because, like, my mum being a
• 7:31
  Speaker 2: coroner was very, I guess, interesting because I'd be like,
• 7:35
  Speaker 2: how was your day at work? And, like, when I
• 7:37
  Speaker 2: was quite little, she was quite protective of that information. Oh,
• 7:40
  Speaker 2: it was good, full stop, end of story. But as
• 7:42
  Speaker 2: I got older, I'd be like, hey, what happened here? Because, like,
• 7:45
  Speaker 2: my mum would know what was happening with things that
• 7:49
  Speaker 2: were going on in the media and in the news because, like,
• 7:52
  Speaker 2: the Queen worked at the coroner's courts, you know, like...
• 7:55
  Speaker 2: She knew and, I mean, she wouldn't divulge information to
• 7:58
  Speaker 2: me that was inappropriate. But, like, yeah, there were some
• 8:02
  Speaker 2: things that I knew and I, you know, mentioned in
• 8:04
  Speaker 2: passing and definitely wouldn't put on a podcast to Jess
• 8:07
  Speaker 2: and be like.
• 8:08
  Speaker 3: Oh, yeah, did you know? And Jess is like, shh, stop.
• 8:11
  Speaker 4: I don't want to hear it. I don't want to
• 8:12
  Speaker 4: know about it. It gives me the heebie-jeebies, kiss of
• 8:15
  Speaker 4: the night. Fair. Not for me.
• 8:16
  Speaker 3: But I reckon I would recruit my mum.
• 8:20
  Speaker 4: Yeah, absolutely.
• 8:21
  Speaker 2: So if I wanted to be a serial killer, I'd
• 8:23
  Speaker 2: go to my mum. And be like, hey, mum, I've
• 8:25
  Speaker 2: done this stuff. And she'd be like, queen, I can
• 8:27
  Speaker 2: get rid of that body. I reckon she'd still know.
• 8:29
  Speaker 3: She would also know how to make it so it
• 8:31
  Speaker 3: doesn't look like a murder. Oh, no, she absolutely would.
• 8:33
  Speaker 4: Yeah.
• 8:33
  Speaker 3: Yeah.
• 8:34
  Speaker 2: So she used to, so like. For those of you
• 8:36
  Speaker 2: following along, she was an autopsy technician. And so she
• 8:40
  Speaker 2: did definitely investigate deaths in a very physical way and
• 8:45
  Speaker 2: also investigate how they died.
• 8:47
  Speaker 3: So there were like two parts.
• 8:49
  Speaker 2: Like she did a whole heap of like stuff where
• 8:51
  Speaker 2: it was murders and it was like part of that.
• 8:53
  Speaker 2: But then as we got older and she decided to
• 8:57
  Speaker 2: kind of not retire but step back a little bit,
• 8:59
  Speaker 2: she did what was called non-suspicious deaths. So investigating deaths
• 9:04
  Speaker 2: for families. to make sure that they had like a
• 9:07
  Speaker 2: proper family history. And, you know, if someone had died of,
• 9:10
  Speaker 2: a particular cancer, just checking that it wasn't elsewhere so
• 9:13
  Speaker 2: that the rest of the family, you know, could check
• 9:16
  Speaker 2: themselves and stuff like that. So, like, I think I
• 9:19
  Speaker 2: also really want to caveat this as well and be like.
• 9:21
  Speaker 3: I think if you met my mum, you've met my mum, Jess.
• 9:24
  Speaker 4: Very unsuspecting. You'd never know. You'd never know.
• 9:27
  Speaker 3: That's what makes a perfect serial killer.
• 9:29
  Speaker 4: Absolutely. You know what, Judy would be great.
• 9:31
  Speaker 2: So, like, my mum is arguably shorter than me, blonde,
• 9:35
  Speaker 2: always has perfectly styled hair. Like, you would not look
• 9:39
  Speaker 2: at this woman and be like, chops up dead people
• 9:42
  Speaker 2: yeah like you would look at this woman and be
• 9:44
  Speaker 2: like maybe like friendly hairdresser yeah like maybe like works
• 9:50
  Speaker 2: in the beauty space yeah no queen wow anyway that's
• 9:54
  Speaker 2: enough on that if anybody wants to know more information
• 9:57
  Speaker 2: about that obviously happy to share but yeah growing up
• 9:59
  Speaker 2: my life was relatively morbid and that maybe has helped
• 10:02
  Speaker 2: manifest my obsession with crime podcasts. I don't want to
• 10:07
  Speaker 2: hear fake crime. I only want true crime, stuff that's
• 10:09
  Speaker 2: really happened. Anyway, Isabella, I think the outcome here is
• 10:14
  Speaker 2: that I would be the best serial killer. Bec would
• 10:18
  Speaker 2: get caught first and Jess would let everybody know that
• 10:21
  Speaker 2: she did it because she couldn't.
• 10:22
  Speaker 3: Live with the guilt.
• 10:24
  Speaker 4: Sounds about right.
• 10:24
  Speaker 3: That's so cute. I don't know, revealing? Terrifying? You guys
• 10:27
  Speaker 3: can be the judge. Thank you, my friend, for the question.
• 10:30
  Speaker 2: And remember, if you've got a non-finance question for us,
• 10:33
  Speaker 2: please send it on in via our DMs. And if
• 10:36
  Speaker 2: you're extra crafty, seek out our thread in our Facebook
• 10:39
  Speaker 2: group and add it to the comment section over there
• 10:40
  Speaker 2: because we are always looking. And to be honest, sometimes
• 10:43
  Speaker 2: answering them on the fly because it's just so fun.
• 10:46
  Speaker 2: All right, let's lighten up the episode a little bit.
• 10:49
  Speaker 2: Something that maybe brightens our spirit after that relatively dark
• 10:52
  Speaker 2: turn of events. Miss Jessica Ricci, money wins. What can
• 10:56
  Speaker 2: you share with us today?
• 10:57
  Speaker 1: Alrighty.
• 10:58
  Speaker 4: I've got lots of Revolut money wins to share with
• 11:00
  Speaker 4: you this week. Firstly, from Jane, she said, maybe not
• 11:03
  Speaker 4: a money win, but hopefully it will bring me good karma,
• 11:05
  Speaker 4: good money karma. Specifically, I found a wallet on my
• 11:08
  Speaker 4: morning walk with $ 250 in it. They also obviously had
• 11:12
  Speaker 4: a card in there, so she returned it straight to
• 11:14
  Speaker 4: the owner's address. Which I think is very lovely. And
• 11:17
  Speaker 4: someone who has lost their wallet and had it returned,
• 11:19
  Speaker 4: you're doing the Lord's work.
• 11:20
  Speaker 2: In my head, if I found a wallet on the
• 11:22
  Speaker 2: ground with $ 250 on it, I would genuinely think that
• 11:27
  Speaker 2: there was a hidden camera somewhere.
• 11:28
  Speaker 4: You're being punked. Yeah.
• 11:30
  Speaker 3: It's scary. I'd be like, this is a trap.
• 11:31
  Speaker 5: 100%.
• 11:32
  Speaker 3: It was a trap.
• 11:33
  Speaker 4: Next, I've got a money win from Kim who said,
• 11:35
  Speaker 4: Energy Made Easy is a government electricity and gas comparison site.
• 11:38
  Speaker 4: I plugged all my info in and worked out that
• 11:40
  Speaker 4: I would be saving $ 30 a week just by changing
• 11:42
  Speaker 4: my provider. Wow.
• 11:43
  Speaker 3: Sorry, what?
• 11:44
  Speaker 4: Really good. Energy Made Easy, everybody. Get on it.
• 11:47
  Speaker 3: $ 30 a week is big.
• 11:48
  Speaker 4: Yeah, that's great. Over the course of a year, that's heaps. Yeah.
• 11:52
  Speaker 4: I've got my loss this week from Kristen who said
• 11:53
  Speaker 4: she got $ 174 parking fine. She did a bit of
• 11:57
  Speaker 4: a backside. She chanced it and she lost.
• 12:00
  Speaker 2: I love this.
• 12:00
  Speaker 4: Lesson has been learned.
• 12:01
  Speaker 3: It's called doing a backside. That's so cute. No, it's
• 12:04
  Speaker 3: not cute, queen. Thank you, guys. Follow my lead.
• 12:09
  Speaker 4: She said it would come out of this fortnight's play money,
• 12:11
  Speaker 4: so it doesn't say her normal savings behind, but obviously
• 12:13
  Speaker 4: still kind of sucks. Next, I've got a money win
• 12:16
  Speaker 4: from Claire, who said she found a pair of pants
• 12:18
  Speaker 4: that she meant to return earlier in the year.
• 12:20
  Speaker 3: But forgot to.
• 12:21
  Speaker 4: Happens to the best of us. She said she thought
• 12:23
  Speaker 4: it was going to be a money loss, but she
• 12:24
  Speaker 4: decided just to take them in store and ask anyway,
• 12:27
  Speaker 4: and they let her exchange them, so she could still
• 12:29
  Speaker 4: get something that she would actually use instead of having
• 12:31
  Speaker 4: to hold on to the pants that she wouldn't have.
• 12:33
  Speaker 3: That's actually such a money win. You don't ask, you
• 12:35
  Speaker 3: don't get. Literally.
• 12:37
  Speaker 4: Gemma said she got her fiance's birthday present basically for
• 12:40
  Speaker 4: free by saving her Flybuys dollars.
• 12:42
  Speaker 3: Money win.
• 12:44
  Speaker 4: I used my Velocity Points recently to shop in Maya
• 12:47
  Speaker 4: and I bought a gift for somebody.
• 12:48
  Speaker 2: And I feel like now is a really good reminder
• 12:50
  Speaker 2: for people to like check in on all the points
• 12:52
  Speaker 2: that you've got in different locations. And your cashback rewards
• 12:56
  Speaker 2: and stuff like that because Christmas is coming up and
• 12:58
  Speaker 2: like I don't want to scare anyone but this is
• 13:00
  Speaker 2: a Halloween episode and Christmas is close and that is terrifying.
• 13:04
  Speaker 3: What do you mean it's close already?
• 13:06
  Speaker 4: Yeah, less than eight weeks I think it would be.
• 13:09
  Speaker 2: Guys, the world is just flying past me at a
• 13:11
  Speaker 2: rate that I do not want to keep up with.
• 13:13
  Speaker 4: Literally, so everybody get prepared. And then lastly this week
• 13:16
  Speaker 4: I've got a money win from Jen who said she's
• 13:18
  Speaker 4: just arrived in LA. She missed her next flight by
• 13:21
  Speaker 4: two minutes. They put her on another flight which would
• 13:23
  Speaker 4: have been more expensive for no additional cost.
• 13:26
  Speaker 3: Oh, money win. That's so nice when that happens.
• 13:28
  Speaker 4: Especially when you're at the airport and you're stressed and
• 13:30
  Speaker 4: you're flustered and you're in a foreign country. Like it's
• 13:32
  Speaker 4: nice that someone just said.
• 13:33
  Speaker 2: Jess and I have done that and the stress that
• 13:36
  Speaker 2: you feel and I feel in that moment you're like,
• 13:38
  Speaker 2: I don't even care.
• 13:39
  Speaker 3: Take my money. Just get me back on track. Yes.
• 13:41
  Speaker 3: To then find out it was free.
• 13:43
  Speaker 4: Oh.
• 13:43
  Speaker 3: That would have been such a good win.
• 13:45
  Speaker 4: Well done, everybody.
• 13:47
  Speaker 3: Look, I'm already feeling better.
• 13:48
  Speaker 2: After our bring it down moment at the start, the
• 13:51
  Speaker 2: money wins definitely lifted it up. And of course, what
• 13:53
  Speaker 2: would our wins be without our broke tips? Miss Bec Syed,
• 13:57
  Speaker 2: what have you got this week?
• 13:58
  Speaker 3: Okay, so this week I've got one from Bella who says,
• 14:01
  Speaker 3: broke tip for the pod. For uni students, check your
• 14:03
  Speaker 3: university for what programs they run. My uni runs a
• 14:06
  Speaker 3: food pantry like once a week and free breakfasts twice
• 14:10
  Speaker 3: a week. as well as social activities all the time.
• 14:13
  Speaker 3: Such a good tip for utilizing uni services that people
• 14:15
  Speaker 3: often don't realize are there.
• 14:17
  Speaker 4: Wow.
• 14:17
  Speaker 3: It's a great idea. This next one comes from Laura
• 14:20
  Speaker 3: who said, World of Books has cheaper books, free shipping,
• 14:23
  Speaker 3: and they're secondhand. Certified B Corp. So I don't get
• 14:26
  Speaker 3: consumer guilt. I don't know what B Corp means, but
• 14:29
  Speaker 3: I trust it's good. It's good.
• 14:30
  Speaker 4: I would say it's a certification that basically says that
• 14:33
  Speaker 4: they're really ethical in the way they operate. Like they
• 14:35
  Speaker 4: meet a bunch of criteria in terms of their like wages,
• 14:39
  Speaker 4: in terms of their working environment.
• 14:41
  Speaker 3: All those sorts of things. Sharesies is a big corp
• 14:43
  Speaker 3: as well.
• 14:44
  Speaker 4: Oh, that's great.
• 14:45
  Speaker 3: I think it's quite a prestigious certification.
• 14:46
  Speaker 2: I've been looking at doing it because I was like,
• 14:48
  Speaker 2: I think that's really cool. And Sharesies have done it.
• 14:51
  Speaker 2: And obviously Sharesies are really good friends of the show.
• 14:54
  Speaker 2: And I asked Brooke, who is one of their three
• 14:56
  Speaker 2: CEOs or one of the CEOs of Sharesies, how did you,
• 15:00
  Speaker 2: she's like, Victoria, amazing, but also so arduous.
• 15:03
  Speaker 3: Like there are so many hoops and things you have
• 15:05
  Speaker 3: to go through.
• 15:05
  Speaker 2: And I was like, at this point in time, I
• 15:08
  Speaker 2: have two very tiny children. I don't have the time,
• 15:10
  Speaker 2: but one day that's like on my goals list. Like
• 15:13
  Speaker 2: I want to be a B Corp. Like I know
• 15:15
  Speaker 2: we're a B Corp. I look at the criteria and
• 15:17
  Speaker 2: I'm like, tick, tick, tick, tick, tick. But I don't
• 15:19
  Speaker 2: have the sticker and I want the sticker. So you
• 15:22
  Speaker 2: see a B Corp and they're a great company to
• 15:24
  Speaker 2: shop from.
• 15:24
  Speaker 3: That's so good. Okay.
• 15:26
  Speaker 4: Amazing.
• 15:27
  Speaker 3: And the last one for myself, my friends, Alison and Rosie,
• 15:30
  Speaker 3: wanted to road trip from New South Melbourne, but that
• 15:33
  Speaker 3: can be quite expensive, obviously, as we know. So they
• 15:35
  Speaker 3: used this company that, well, basically they have these vans
• 15:38
  Speaker 3: and they need them to be like transported interstate. So
• 15:41
  Speaker 3: you don't have to, like, rent a van and then
• 15:42
  Speaker 3: pay for it all yourself. In the end, they ended
• 15:44
  Speaker 3: up paying, like, $ 100 all up, like, out of their
• 15:46
  Speaker 3: own pocket.
• 15:46
  Speaker 4: What?
• 15:47
  Speaker 3: I think even the petrol was paid for by the company.
• 15:49
  Speaker 3: It's like you're doing them a favor. Yeah, because they
• 15:51
  Speaker 3: want their van in a different location. Exactly. But they
• 15:54
  Speaker 3: don't have staff to take it there. Exactly. Which is genius.
• 15:56
  Speaker 3: This one was called Indy Campers, but there are others, too,
• 16:00
  Speaker 3: out there.
• 16:00
  Speaker 6: Genius.
• 16:01
  Speaker 2: That's awesome.
• 16:01
  Speaker 3: Have a think about that before you can sleep in
• 16:04
  Speaker 3: it and stuff. Like if you were just wanting to
• 16:05
  Speaker 3: rent one, God, it'd be so expensive.
• 16:07
  Speaker 4: And petrol is $ 2 a litre at the moment as well,
• 16:09
  Speaker 4: which is crazy.
• 16:10
  Speaker 3: I don't even want to talk about it. It's actually depressing.
• 16:13
  Speaker 3: It cost me.
• 16:14
  Speaker 4: $ 100 to fill up my little tiny red car.
• 16:17
  Speaker 3: No, that's crazy. I drive a Kia Rio. Like, that's nuts.
• 16:22
  Speaker 3: That's actually illegal.
• 16:23
  Speaker 2: And I was about to be like, guys, the balance
• 16:26
  Speaker 2: has been restored, but it hasn't.
• 16:28
  Speaker 3: We've brought it back down. We've started talking about petrol.
• 16:31
  Speaker 4: All right.
• 16:31
  Speaker 3: Let's go to a really quick break.
• 16:33
  Speaker 2: And once we get back, we're going to be tuning
• 16:35
  Speaker 2: into a dilemma from our community concerning superannuation and AI.
• 16:40
  Speaker 4: Oh.
• 16:40
  Speaker 3: So don't go anywhere.
• 16:45
  Speaker 4: Welcome back, everybody. Let's take a listen to this week's
• 16:47
  Speaker 4: Money Dilemma.
• 16:50
  Speaker 3: Hi there.
• 16:51
  Speaker 2: Have you got a money dilemma you just can't solve?
• 16:54
  Speaker 2: The She's On The Money team is here to help.
• 16:56
  Speaker 2: Every week, we tackle your dilemmas, both big and small,
• 16:59
  Speaker 2: to answer your most burning money, career and life questions.
• 17:02
  Speaker 2: To get involved, simply head to our website and leave
• 17:05
  Speaker 2: us a short voice recording and you might just find
• 17:07
  Speaker 2: yourself on the show.
• 17:09
  Speaker 3: Now, let's take a listen to this week's money dilemma.
• 17:11
  Speaker 6: Hey, Victoria, Bec and Jess.
• 17:16
  Speaker 4: Love you guys.
• 17:16
  Speaker 6: I just wanted to submit a question. A video, a
• 17:20
  Speaker 6: lot of discussion recently about AI and the AI bubble
• 17:26
  Speaker 6: and of course around AI companies gearing up to enter
• 17:30
  Speaker 6: the public stock exchange. I also saw an interesting video
• 17:35
  Speaker 6: around how our super will then be invested into AI companies.
• 17:40
  Speaker 6: My question is mostly around that, around super and AI,
• 17:44
  Speaker 6: and I guess the concerns around the AI bubble if
• 17:47
  Speaker 6: my super is invested into AI companies. I just kind
• 17:52
  Speaker 6: of wanted to hear your thoughts on that and if
• 17:55
  Speaker 6: you think it could be a problem if or when
• 17:58
  Speaker 6: the AI bubble bursts. And also, do you know if
• 18:02
  Speaker 6: there's a way that I can opt for my super
• 18:04
  Speaker 6: to not be invested in AI if it could be
• 18:07
  Speaker 6: a possible problem?
• 18:08
  Speaker 2: Thanks so much.
• 18:09
  Speaker 6: I'm keen to hear your thoughts.
• 18:10
  Speaker 2: I'm so keen on this space at the moment. Like
• 18:13
  Speaker 2: not as in, hey, I love supporting it, more as
• 18:16
  Speaker 2: in I've been really enjoying looking at what media has
• 18:21
  Speaker 2: been surrounding AI and how other companies are using it
• 18:24
  Speaker 2: and abusing it. And like, I just think there's a
• 18:26
  Speaker 2: lot to it. And I, yeah, I want to know
• 18:29
  Speaker 2: what you guys think before I talk about it more deeply,
• 18:32
  Speaker 2: I suppose.
• 18:32
  Speaker 3: I hadn't heard about this, so I don't have heaps
• 18:35
  Speaker 3: to say, but I'd feel like in terms of wanting
• 18:37
  Speaker 3: to opt out, I'm sure you can do that because
• 18:40
  Speaker 3: like when you log into your super, you can kind
• 18:42
  Speaker 3: of like pick and choose. It can be really confusing.
• 18:46
  Speaker 3: I know that I kind of went into my account
• 18:48
  Speaker 3: and just picked something, the one that was like the
• 18:50
  Speaker 3: highest growth, but you can actually look at what your
• 18:53
  Speaker 3: super is being invested in. But I think that's probably
• 18:55
  Speaker 3: one for your super company to be like, I would
• 18:59
  Speaker 3: like to opt out of this. And I'm sure they would.
• 19:00
  Speaker 3: I don't think it's like it would be compulsory to
• 19:03
  Speaker 3: kind of invest in something like that. But yeah, I'm
• 19:05
  Speaker 3: also worried about that. I wouldn't personally be investing because
• 19:08
  Speaker 3: it probably will. I mean, we don't know. It's impossible
• 19:11
  Speaker 3: to time or predict the market, as you say. So, God,
• 19:15
  Speaker 3: I'm really useless in this one. I'm so sorry.
• 19:17
  Speaker 2: But you're not because you're right. You can't time, you
• 19:20
  Speaker 2: can't predict literally any market. All of it's speculation. And
• 19:24
  Speaker 2: some of it is very educated speculation. But at the
• 19:27
  Speaker 2: end of the day, like, If anything was set in stone,
• 19:30
  Speaker 2: we'd all be really, really ridiculously rich.
• 19:35
  Speaker 4: Jess? I think you should remember that your super funds
• 19:37
  Speaker 4: are on some level predetermined. Like, it's not as if
• 19:39
  Speaker 4: every individual has a unique super. Like, if I'm in
• 19:43
  Speaker 4: the HPF High Growth Fund and you're in the HPF
• 19:46
  Speaker 4: High Growth Fund, those funds are not tailored to our
• 19:49
  Speaker 4: personal needs.
• 19:49
  Speaker 1: Right.
• 19:50
  Speaker 4: So I don't necessarily think it's as simple as saying, oh,
• 19:52
  Speaker 4: can you just pull the AI out? I think there
• 19:55
  Speaker 4: might be certain ethical funds potentially that you might be
• 19:58
  Speaker 4: able to find that don't invest in AI. But I
• 20:01
  Speaker 4: think as its applications become more broad, it probably will
• 20:05
  Speaker 4: become more and more challenging. And Is it only AI
• 20:10
  Speaker 4: development companies like an open AI or something like that,
• 20:13
  Speaker 4: that you're not comfy investing in? But what if a
• 20:15
  Speaker 4: company uses AI as the basis of its infrastructure for
• 20:19
  Speaker 4: its software or stuff like that? So there's lots of
• 20:22
  Speaker 4: questions around what that looks like for you. I haven't
• 20:26
  Speaker 4: looked into it deeply myself. It's not a space that
• 20:29
  Speaker 4: is of particular interest to me, I would say. I
• 20:33
  Speaker 4: think the bubble, it's probably similar to the tech bubble, right?
• 20:36
  Speaker 4: Where you go, well, right now there's expansive growth. It's
• 20:39
  Speaker 4: going to hit a ceiling at some point. And that's
• 20:41
  Speaker 4: where the concept of the bubble burst comes in, I
• 20:44
  Speaker 4: would guess. I personally believe that we will hit a
• 20:47
  Speaker 4: point where there will be significantly more regulation around its
• 20:51
  Speaker 4: development and applications than there is now. I think we're
• 20:54
  Speaker 4: still in very early days and people are still working
• 20:57
  Speaker 4: out what it does and what that looks like and
• 20:58
  Speaker 4: what the risks are.
• 21:00
  Speaker 3: In terms of your super fund.
• 21:01
  Speaker 4: Specifically, the other thing I would remind you is that generally,
• 21:06
  Speaker 4: I don't want to say every single one is, but
• 21:08
  Speaker 4: as a general rule of thumb, most super funds are
• 21:10
  Speaker 4: actively managed. So somebody is looking at the bubble or
• 21:14
  Speaker 4: the market or the landscape and mitigating those risks on
• 21:18
  Speaker 4: your behalf. Like they employ people and it's their job
• 21:20
  Speaker 4: to make sure that those funds are set up and
• 21:23
  Speaker 4: structured in a way that will provide you the best
• 21:25
  Speaker 4: return possible. That's their job. I don't necessarily think you
• 21:30
  Speaker 4: need to be too concerned. I think it's healthy to
• 21:32
  Speaker 4: know what's going on and it's healthy to take an
• 21:34
  Speaker 4: interest in it, but I don't think you need to
• 21:36
  Speaker 4: be super concerned about future-proofing it because there should be
• 21:41
  Speaker 4: someone else who's doing that for you. If it's an
• 21:44
  Speaker 4: ethical issue, that's a different thing. Yeah. But that's just
• 21:47
  Speaker 4: my take on it, BD.
• 21:50
  Speaker 2: So from my perspective, I'm not worried about an AI
• 21:54
  Speaker 2: bubble bursting. I'm also not necessarily worried about a superannuation
• 21:58
  Speaker 2: company investing in AI because just like Jess said, they're
• 22:02
  Speaker 2: actively managed. They would be looking into it. I think
• 22:05
  Speaker 2: the important thing is that you address whether you're comfortable
• 22:08
  Speaker 2: with your superannuation company or not. So like you need
• 22:12
  Speaker 2: to pick a super company that aligns to your goals
• 22:14
  Speaker 2: and your values and then go, okay, I'm in the
• 22:18
  Speaker 2: risk profile of growth or high growth or balanced or
• 22:20
  Speaker 2: whatever it is. And I really do respect the way
• 22:24
  Speaker 2: that this company makes decisions as to how they input
• 22:28
  Speaker 2: different things into that portfolio.
• 22:31
  Speaker 3: So it actually is not for me about....
• 22:36
  Speaker 2: AI, it's about, do you actually know everything inside your portfolio?
• 22:40
  Speaker 2: If you're identifying that you're concerned about AI, very valid,
• 22:44
  Speaker 2: but have you gone and reviewed all of the holdings
• 22:47
  Speaker 2: in your current superannuation? Are they aligned to your current values?
• 22:52
  Speaker 2: Because I can almost guarantee that most superannuation companies hold
• 22:55
  Speaker 2: things like gas and oil. They probably have some level
• 22:59
  Speaker 2: of tech. They would definitely have lots of different infrastructure businesses,
• 23:03
  Speaker 2: healthcare businesses, some of them have tobacco still. Some of
• 23:07
  Speaker 2: them have guns. It's totally up to you, but is
• 23:11
  Speaker 2: your finger on the pulse to begin with? And then
• 23:13
  Speaker 2: if they added AI, have you read why? Why are
• 23:17
  Speaker 2: they adding AI? And how much of a percentage are
• 23:21
  Speaker 2: they adding to your portfolio? Because If they're adding it
• 23:24
  Speaker 2: because they say, hey, we've identified, and I don't know
• 23:27
  Speaker 2: your actual thoughts on investing in AI, right? You've just
• 23:30
  Speaker 2: said that you're concerned about the bubble bursting, not whether
• 23:32
  Speaker 2: you believe in AI or don't believe in AI. And
• 23:34
  Speaker 2: that's actually not up for debate right now. But do
• 23:37
  Speaker 2: you understand why they're adding it to your portfolio? And
• 23:41
  Speaker 2: if so, do you go, yeah, no worries. They're just
• 23:43
  Speaker 2: trying to add more diversification and get into a new
• 23:46
  Speaker 2: industry that is obviously going to take off. unfortunately, AI
• 23:50
  Speaker 2: is going nowhere, but it will be like the tech bubble.
• 23:54
  Speaker 3: It will be like the dot-com bubble.
• 23:55
  Speaker 2: It will be like every other bubble that has come
• 23:57
  Speaker 2: before where something has been identified as a new technology.
• 24:03
  Speaker 2: And there are going to be people who say, oh,
• 24:05
  Speaker 2: the dot-com bubble, when this happened, people are like, the
• 24:07
  Speaker 2: internet's not going to last.
• 24:09
  Speaker 3: People love human connection.
• 24:11
  Speaker 2: Like that was something that people poo-pooed. But then on
• 24:15
  Speaker 2: the flip side, that was also an opportunity that heaps
• 24:18
  Speaker 2: of companies identified and we had an influx of the
• 24:21
  Speaker 2: amount of companies that were there that now no longer exist.
• 24:25
  Speaker 2: So I think it's important to go, well, if they're
• 24:27
  Speaker 2: adding it, why are they adding it? Is it for
• 24:28
  Speaker 2: more diversification? If so, what companies are they adding? Are
• 24:32
  Speaker 2: they the big established ones that we kind of go, yeah,
• 24:35
  Speaker 2: like the chatty GPT, which is not listed yet. She
• 24:39
  Speaker 2: is kind of tried, true and tested. We're not talking
• 24:41
  Speaker 2: about the ethics here. We're not talking about whether I
• 24:43
  Speaker 2: believe in it or not. I think that's a company
• 24:46
  Speaker 2: that's not going anywhere. Like that's just so well distributed
• 24:50
  Speaker 2: at this point that for them to disappear, unlikely. But
• 24:55
  Speaker 2: I would be going, well, why are we worried about
• 24:58
  Speaker 2: the bubble bursting when hypothetically, if we look at like
• 25:01
  Speaker 2: the tech bubble, people are like, oh my God, I'm
• 25:04
  Speaker 2: not so sure about investing in Google or investing in Microsoft.
• 25:10
  Speaker 2: if you bought and held, you're going to be rich.
• 25:13
  Speaker 2: I'm not saying that that's the same for AI, but
• 25:16
  Speaker 2: had you bought, stressed out, sold, you would have missed out.
• 25:20
  Speaker 2: But if you'd bought, stressed out, held, you would be
• 25:23
  Speaker 2: in a better position now. The other thing I want
• 25:26
  Speaker 2: to touch on here, and I'm trying to wrap this
• 25:28
  Speaker 2: up really quickly, I'm sorry, you have a superannuation fund
• 25:32
  Speaker 2: that will have a number that you can call and
• 25:34
  Speaker 2: ask them questions like this. You can directly call and
• 25:37
  Speaker 2: be like, hello, my name is Victoria and I have
• 25:40
  Speaker 2: a superannuation fund with you guys.
• 25:42
  Speaker 3: I want to know about my holdings. I want to
• 25:44
  Speaker 3: know why.
• 25:45
  Speaker 2: They're making the decisions that they're making and they will
• 25:47
  Speaker 2: have the information on that because I promise you're not
• 25:49
  Speaker 2: the only person being like, why is AI being added
• 25:52
  Speaker 2: to my portfolio?
• 25:53
  Speaker 3: So that's where I would be at.
• 25:55
  Speaker 2: Use the infrastructure that exists for supporting your super fund.
• 26:00
  Speaker 4: Absolutely.
• 26:01
  Speaker 2: And I think that's all I want to say on
• 26:02
  Speaker 2: that at this point, but I have a whole deep
• 26:04
  Speaker 2: dive on AI that I want to do at some point,
• 26:06
  Speaker 2: but haven't managed to put it onto paper yet.
• 26:10
  Speaker 3: Stay tuned.
• 26:11
  Speaker 2: Now, what do they say about burdens? Is it that
• 26:13
  Speaker 2: a burden shared is a burden halved? My friends, head
• 26:17
  Speaker 2: on over to the podcast page on our website and
• 26:19
  Speaker 2: record your very own money dilemma using our little voice recorder.
• 26:23
  Speaker 2: And you too might have it answered on the pod
• 26:26
  Speaker 2: or at the very least, you'll meet three other people
• 26:28
  Speaker 2: who now share your fiscal concerns, my friend. Or if
• 26:31
  Speaker 2: typing is more your thing, slide into our DMs. We
• 26:35
  Speaker 2: literally love it as long as it is kind, as
• 26:38
  Speaker 2: long as it is nice. I don't much love it
• 26:40
  Speaker 2: when you go, Victoria, I don't like the witch's hat
• 26:43
  Speaker 2: you wore.
• 26:44
  Speaker 4: Surely nobody's saying that.
• 26:45
  Speaker 3: It's beautiful. Not yet. Not yet.
• 26:49
  Speaker 2: But anyway, speaking of sliding into our DMs, I feel
• 26:51
  Speaker 2: like this one is really relatable, as in who among
• 26:54
  Speaker 2: us has not felt personally victimised by their own budget
• 26:57
  Speaker 2: and saving routine?
• 26:59
  Speaker 3: I feel like that's all of us. Would you like
• 27:00
  Speaker 3: me to read it out? Are you ready? Please. Hi, Victoria,
• 27:03
  Speaker 3: Jess and Bec. Before I start, I'm 29. I live alone.
• 27:09
  Speaker 2: And I earn a decent salary. I feel like my
• 27:12
  Speaker 2: budget hasn't caught up with how expensive my life has
• 27:15
  Speaker 2: become between rent, groceries, gym, and saying yes to dinners
• 27:18
  Speaker 2: most weekends. I'm barely putting anything into savings, even though
• 27:22
  Speaker 2: on paper I feel like I really should be doing more.
• 27:25
  Speaker 2: I've tried going super strict and I've cut out takeaway
• 27:28
  Speaker 2: and dinner, but I ended up miserable, saying no to
• 27:30
  Speaker 2: literally everything, and I ended up giving up on budgeting altogether.
• 27:35
  Speaker 2: Part of me thinks I need to accept that reaching
• 27:37
  Speaker 2: my deposit goal means sacrificing my social life for a
• 27:40
  Speaker 2: little while, but another part of me doesn't want to
• 27:42
  Speaker 2: lose my late 20s to saving every single spare dollar.
• 27:45
  Speaker 3: What do I do? Some things we actually can't control.
• 27:49
  Speaker 3: I know, like, coming from me, who's really, really bad
• 27:51
  Speaker 3: with money, it's like... I just don't feel like I
• 27:54
  Speaker 3: have any credibility here. But what I'm trying to say
• 27:56
  Speaker 3: is we- I think you have a lot of credibility here.
• 27:59
  Speaker 3: Thank you so much, guys. That's so nice. Why would you.
• 28:02
  Speaker 2: Not have credibility around a topic that you clearly understand?
• 28:05
  Speaker 3: That's so nice. Wow, I really was expecting that. Sorry,
• 28:08
  Speaker 3: just to flip it, I also don't think you're bad
• 28:11
  Speaker 3: with money. Thank you.
• 28:13
  Speaker 2: I think that you're fine with money. And I hope
• 28:16
  Speaker 2: that this is not offensive. And I feel like this
• 28:18
  Speaker 2: plays into a lot of people who probably listen to
• 28:20
  Speaker 2: this podcast and go, I'm really bad with money. No,
• 28:23
  Speaker 2: my queen, there are so many different things. Life is expensive.
• 28:26
  Speaker 2: So many people like you, Beck, like me, we're really impulsive.
• 28:30
  Speaker 2: Trying to balance a budget and being impulsive and having
• 28:33
  Speaker 2: things that arguably, I would say are more important to you.
• 28:38
  Speaker 2: That's a hard balance to run. It doesn't make you
• 28:41
  Speaker 2: bad at something. It means that your budget, and if
• 28:44
  Speaker 2: I look at this maybe a little bit too deeply,
• 28:47
  Speaker 2: I would say that you and money, you don't see
• 28:50
  Speaker 2: money in the same way that I see money. You
• 28:52
  Speaker 2: see money as like it's a means to an end.
• 28:54
  Speaker 2: I actually don't care. I'll work it out later. And
• 28:57
  Speaker 2: you genuinely mean that. Not like, oh, yeah, I don't
• 29:00
  Speaker 2: care because I'm evasive of it. Like you just go,
• 29:03
  Speaker 2: I will work it out. There's always been a thing
• 29:06
  Speaker 2: for me that has worked it out and she's good.
• 29:09
  Speaker 2: That's so true. Because I think if I sat you
• 29:11
  Speaker 2: down and said, hey, Bec, how much do you spend
• 29:14
  Speaker 2: on groceries? You'd be able to calculate that and tell me. Yeah.
• 29:17
  Speaker 3: You don't want to, but you can. That is so true.
• 29:20
  Speaker 3: You're not bad at money. There's just lots of competing priorities.
• 29:24
  Speaker 4: Totally.
• 29:24
  Speaker 3: Things that I would say are more important to you.
• 29:26
  Speaker 4: I agree.
• 29:27
  Speaker 3: And that is basically what I was going to say
• 29:29
  Speaker 3: summed up is, but it's also there is like only
• 29:33
  Speaker 3: so much we can do sometimes when it comes to
• 29:35
  Speaker 3: the cost of living. And I feel like unless you
• 29:39
  Speaker 3: somehow are making a really good salary, we can't unless we.
• 29:45
  Speaker 3: move out bush and isolate ourselves and never do anything ever.
• 29:48
  Speaker 3: We don't have as much disposable income is what I'm
• 29:51
  Speaker 3: trying to say, as we maybe could have had back
• 29:54
  Speaker 3: in the day. But to live is very expensive right now.
• 29:58
  Speaker 3: So I think that removing any part of you that's like, oh,
• 30:02
  Speaker 3: I'm just like not doing this well enough, or I
• 30:04
  Speaker 3: should be saying no to things. Or I remember maybe
• 30:07
  Speaker 3: even five years ago, saying no to things was like
• 30:10
  Speaker 3: saying no to Meredith, saying no to $ 500 a on
• 30:13
  Speaker 3: three nights in the middle of nowhere. But now it's like, oh,
• 30:17
  Speaker 3: I probably should not be buying a coffee once a week.
• 30:20
  Speaker 3: It's getting less and less and less. And it's like
• 30:23
  Speaker 3: we are frogs boiling in a pot because we don't
• 30:27
  Speaker 3: even realize that now it's like, oh, I should probably
• 30:29
  Speaker 3: say no to dinner or lunch with my friends. It's
• 30:33
  Speaker 3: getting insane. To what end? So I think don't feel
• 30:39
  Speaker 3: bad about anything. Yeah. And like, exactly.
• 30:43
  Speaker 2: That doesn't make you bad at money. It means that
• 30:46
  Speaker 2: money is really hard at the moment. And I think
• 30:48
  Speaker 2: looking at this, I'm like, oh girl, it doesn't mean
• 30:50
  Speaker 2: you're bad at this. Like, sorry, there's so much about
• 30:53
  Speaker 2: your story that is slay. What do you mean you're
• 30:56
  Speaker 2: in your twenties and you live alone?
• 30:57
  Speaker 4: That's really cool.
• 30:59
  Speaker 3: Like how? How? I've got questions.
• 31:02
  Speaker 4: That's where all your money is going is to all
• 31:04
  Speaker 4: the expenses that you have to pay when you live
• 31:06
  Speaker 4: by yourself.
• 31:07
  Speaker 1: Exactly.
• 31:07
  Speaker 3: Jess, what's your response? Yeah, I agree.
• 31:09
  Speaker 4: I think like if you haven't, look at your budget.
• 31:12
  Speaker 4: Like I know that sounds really obvious, but, you know,
• 31:13
  Speaker 4: you've said you've tried. You went really hard one way.
• 31:16
  Speaker 4: Can you like structure your budget in a way that
• 31:17
  Speaker 4: you have an allowance to spend on those things?
• 31:20
  Speaker 2: Yeah.
• 31:21
  Speaker 4: You know, you guys know I spent five-ish years saving
• 31:24
  Speaker 4: for my deposit or however long it was. It was
• 31:25
  Speaker 4: a long time.
• 31:26
  Speaker 3: Which, by the way, Slay, what do you mean it
• 31:27
  Speaker 3: only took her five years? It probably felt like the
• 31:29
  Speaker 3: longest five years of your entire life.
• 31:31
  Speaker 4: Yeah, and that's what I mean. I think, like, I
• 31:33
  Speaker 4: spoke about it on the show, like, towards the end
• 31:34
  Speaker 4: especially I really loosened the reins a little bit because
• 31:37
  Speaker 4: you do kind of get to a point where, like, God, like–
• 31:40
  Speaker 4: I'm so sick of this. It's my life forever. Yeah.
• 31:42
  Speaker 4: So I think whatever your budget, your structure looks like,
• 31:44
  Speaker 4: it does need to be sustainable or exactly like our
• 31:47
  Speaker 4: listener said, you're going to fall off the horse, right?
• 31:49
  Speaker 4: So you do need to go, well, how much am
• 31:52
  Speaker 4: I willing to give up? How long am I willing
• 31:54
  Speaker 4: to give things up for? My answer is always, you know,
• 31:57
  Speaker 4: if you're doing the most you can with what you've
• 31:59
  Speaker 4: got and you don't want to make any changes, can
• 32:01
  Speaker 4: you increase your income? You know, can you pick up
• 32:03
  Speaker 4: a second job? Can you sell stuff that you've got secondhand?
• 32:06
  Speaker 4: Can you just find little odd jobs online that you
• 32:09
  Speaker 4: can do? Can you answer surveys? Can you shop back?
• 32:12
  Speaker 4: Like I know that some of these things seem very small,
• 32:15
  Speaker 4: but even like I mentioned earlier in the show, like
• 32:17
  Speaker 4: I just bought a gift for a friend using points
• 32:20
  Speaker 4: that I'd accumulated just doing my day-to-day shopping. And that
• 32:23
  Speaker 4: saved me nearly $ 100 on a gift that I was
• 32:25
  Speaker 4: able to just pay for with points. It cost me
• 32:27
  Speaker 4: nothing and that relieved what otherwise would have been a
• 32:30
  Speaker 4: burden on my budget. So it's like the sum of being,
• 32:33
  Speaker 4: I think, frugal is lots of little actions and it's
• 32:38
  Speaker 4: making sure that you have a really clear picture of
• 32:40
  Speaker 4: what you can do and what you are willing to
• 32:43
  Speaker 4: do and then going, okay, well, if there's a deficit
• 32:45
  Speaker 4: between the two, what do I do to make that
• 32:47
  Speaker 4: deficit up?
• 32:48
  Speaker 1: Yeah.
• 32:49
  Speaker 2: And I feel like I haven't said it on the
• 32:51
  Speaker 2: show for a really long time, but if you're an OG,
• 32:53
  Speaker 2: you've heard this a million times.
• 32:55
  Speaker 3: From little things, big things grow. Oh, quite the throwback. Right? But, like,
• 32:59
  Speaker 3: they do. Like, it's the small steps that you take
• 33:03
  Speaker 3: that you think, oh, this.
• 33:04
  Speaker 2: Doesn't matter, that actually really push the dial in the
• 33:08
  Speaker 2: right direction.
• 33:09
  Speaker 3: Yeah.
• 33:09
  Speaker 2: And I think I'm going to go a different way
• 33:12
  Speaker 2: than both of you have, and that's if you are–
• 33:16
  Speaker 2: serious about this and you just want to get your
• 33:19
  Speaker 2: shit together, essentially, we're going to go back to everything
• 33:23
  Speaker 2: I have said about budgeting and cashflow and finance. I
• 33:27
  Speaker 2: can see that your budget has kind of like not
• 33:30
  Speaker 2: kept up with your lifestyle.
• 33:32
  Speaker 3: That tells me that that budget is broken. We're putting
• 33:34
  Speaker 3: that budget in the bin.
• 33:35
  Speaker 2: We are starting from scratch and starting from scratch doesn't
• 33:38
  Speaker 2: mean starting with a spreadsheet. It means starting with an audit,
• 33:41
  Speaker 2: which is not the sexiest thing you've ever done, but
• 33:44
  Speaker 2: But you're going to pour yourself a really nice glass
• 33:46
  Speaker 2: of wine or if you're a more responsible human being,
• 33:48
  Speaker 2: maybe like a cup of tea or a lemonade. I
• 33:51
  Speaker 2: don't care, but like I would need a wine to
• 33:54
  Speaker 2: get through this and you're going to get three months
• 33:57
  Speaker 2: of your bank statements and I need you to go
• 33:58
  Speaker 2: through it.
• 33:59
  Speaker 3: What is rent costing you? What are groceries costing you?
• 34:04
  Speaker 2: Because in your head, and like this is just a
• 34:06
  Speaker 2: number that might not be reflective of yours and you
• 34:08
  Speaker 2: know what, if you're living on your own, it's not,
• 34:09
  Speaker 2: but Rent in your head's.
• 34:12
  Speaker 6: $ 1, 000.
• 34:13
  Speaker 2: Because that's what it was when you signed the lease.
• 34:16
  Speaker 2: And now it's $ 1, 061 because rent has gone up and
• 34:19
  Speaker 2: things have changed. But in your head, it's still $ 1, 000,
• 34:23
  Speaker 2: but that's $ 61 a month that you still have to
• 34:25
  Speaker 2: find in your budget. We're going to get really specific.
• 34:28
  Speaker 2: So you're going to look at how much does your
• 34:30
  Speaker 2: rent cost you? How much do your groceries and all
• 34:33
  Speaker 2: the little trips to Coles actually cost you?
• 34:36
  Speaker 3: What is your gym? What are you actually spending?
• 34:39
  Speaker 2: Because Most people will be able to tell me how
• 34:43
  Speaker 2: many dollars are coming into their account.
• 34:45
  Speaker 3: You know what you get paid. We're excited for payday.
• 34:48
  Speaker 3: How many genuinely go out?
• 34:50
  Speaker 2: How many discretionary dollars do we actually have for the
• 34:53
  Speaker 2: things that you love saying yes to? Like you said
• 34:55
  Speaker 2: you love going out for dinner with your friends. How
• 34:57
  Speaker 2: many dollars do we have to allocate to that genuinely?
• 35:01
  Speaker 2: So your audit first, your budget second. It sounds like
• 35:04
  Speaker 2: the budget that you've set up is really restrictive. like
• 35:08
  Speaker 2: you said, I set a really strict budget.
• 35:11
  Speaker 4: Cool.
• 35:11
  Speaker 2: I don't know how to tell you this, but like
• 35:13
  Speaker 2: that never works. I'm so sorry. It's just like a diet.
• 35:17
  Speaker 2: I'm like, I don't like diet culture at all. So
• 35:20
  Speaker 2: do you really think I like budgeting culture? Anything that's restrictive?
• 35:24
  Speaker 3: Absolutely not.
• 35:25
  Speaker 2: Like, you do end up miserable in comparison to a diet.
• 35:32
  Speaker 2: You do end up binging. You do end up throwing
• 35:36
  Speaker 2: the baby out with the bathwater because you just can't
• 35:38
  Speaker 2: be bothered. Like you can only eat so many carrot sticks.
• 35:41
  Speaker 2: Like that's just not going to work. So I think
• 35:43
  Speaker 2: it's so important to not have a restrictive budget, but
• 35:47
  Speaker 2: look at a budget as a tool for telling you
• 35:50
  Speaker 2: how your cash gets allocated to make sure we don't
• 35:52
  Speaker 2: have any leaks. to make sure that we are making
• 35:55
  Speaker 2: the most of every dollar, to make sure that if
• 35:58
  Speaker 2: you go.
• 35:58
  Speaker 3: I really like dining out and I really want to
• 36:01
  Speaker 3: see my friends on the weekends. How much does that
• 36:03
  Speaker 3: cost on average? You've worked it out in your head,
• 36:05
  Speaker 3: all right. It's expensive to dine out these days, guys.
• 36:08
  Speaker 2: It costs me about 50 or 60 bucks every time
• 36:11
  Speaker 2: I just go out and have a drink and like
• 36:13
  Speaker 2: a main course and like whatever else.
• 36:15
  Speaker 4: It's so expensive.
• 36:17
  Speaker 2: Do you find, like Jess said, a little side hustle
• 36:20
  Speaker 2: that gives you an extra hundred bucks a month so
• 36:22
  Speaker 2: that guilt-free you can have that, but you're also sticking
• 36:24
  Speaker 2: to your savings goals. It needs to be sustainable. Or
• 36:30
  Speaker 2: if you're like Jess and you're like, I actually have
• 36:32
  Speaker 2: this really specific savings goal and it's my first home
• 36:35
  Speaker 2: deposit and I'm going to hustle and I'm going to
• 36:37
  Speaker 2: hustle real hard, but the light at the end of
• 36:39
  Speaker 2: the tunnel is there because I know based on the
• 36:42
  Speaker 2: budget that I've done, I only have to hustle until
• 36:44
  Speaker 2: I have the deposit and then I can loosen the
• 36:46
  Speaker 2: reins because like, I've worked out that the repayments on
• 36:48
  Speaker 2: that house are going to be the same as my
• 36:50
  Speaker 2: rent and that is okay.
• 36:52
  Speaker 3: Right? That feels a.
• 36:54
  Speaker 2: Lot more palpable. That feels a little bit more easy
• 36:58
  Speaker 2: to swallow. Restrictive budgeting? No, no, that's very like early 2000s.
• 37:02
  Speaker 3: Yeah. Bill David. No, thank you.
• 37:06
  Speaker 4: What did everybody else say?
• 37:07
  Speaker 3: Oh my God, they had so much to say. So
• 37:09
  Speaker 3: first I asked them a lot of questions.
• 37:11
  Speaker 2: I said, would you sacrifice your social life for a
• 37:13
  Speaker 2: year if it meant reaching your house deposit sooner? Mm-hmm.
• 37:16
  Speaker 3: Let's just do a pop quiz. Jess, would you?
• 37:19
  Speaker 4: Yes, and I did.
• 37:20
  Speaker 3: Clearly. Bec, would you? I don't think so. Exactly.
• 37:23
  Speaker 2: And that's what the community said. 52% said yep and 48%
• 37:27
  Speaker 2: said no. Wow.
• 37:27
  Speaker 3: But that's what I mean.
• 37:34
  Speaker 2: You're not bad at budgeting, Bec, just because Jess does
• 37:37
  Speaker 2: it different and has different priorities. I think if I
• 37:40
  Speaker 2: said to you, hey, so get rid of all your
• 37:42
  Speaker 2: friends for a year, do this, do that, and you
• 37:44
  Speaker 2: can have a house, you'd.
• 37:45
  Speaker 3: Be like, me, I don't want a house. I don't
• 37:49
  Speaker 3: want what you want. And that's cool. Yeah. I also
• 37:53
  Speaker 3: ask them, when you're saving for a big goal, how
• 37:56
  Speaker 3: strict are you with your social spending? Again, this is
• 38:00
  Speaker 3: going to be really different for everybody. 71% said, I'm
• 38:04
  Speaker 3: trying really hard to balance both. 18% said, I'm cutting back.
• 38:09
  Speaker 3: And 11% said, I just prioritize fun.
• 38:14
  Speaker 2: But like, you do you. I think the thing that,
• 38:18
  Speaker 2: I don't think it's confusing. If you're listening to this podcast,
• 38:21
  Speaker 2: you know, I don't believe in a strict budget. You know,
• 38:23
  Speaker 2: I believe in just understanding things. I just want you
• 38:27
  Speaker 2: to have all of the tools and resources so that
• 38:29
  Speaker 2: you can make the decisions that are right for you
• 38:31
  Speaker 2: and still be financially okay.
• 38:34
  Speaker 4: Yeah.
• 38:34
  Speaker 2: Like looking at Beck and I'm attacking you today because
• 38:37
  Speaker 2: you said, oh, I'm.
• 38:39
  Speaker 3: Not credible here.
• 38:40
  Speaker 2: Sit down.
• 38:40
  Speaker 4: So sweet.
• 38:42
  Speaker 2: But you just have different priorities, but you're not financially
• 38:46
  Speaker 2: okay at this point in time. Like you've got money
• 38:49
  Speaker 2: coming in, you're paying your bills, you're okay. Do you
• 38:52
  Speaker 2: make some questionable as hell money decisions that.
• 38:54
  Speaker 3: I wouldn't make?
• 38:56
  Speaker 4: Yes.
• 38:57
  Speaker 2: Well, I mean, guys, today Beck rolls on into the
• 39:02
  Speaker 2: studio and we're like, oh, how was your morning? She's like, oh,
• 39:05
  Speaker 2: it was fine. Can you believe, get this, guys, my
• 39:08
  Speaker 2: car was broken into. And Jess and I are like, girl,
• 39:10
  Speaker 2: are you okay? That's horrific. And Beck goes, oh, it
• 39:12
  Speaker 2: was my own fault. I just left my car open.
• 39:16
  Speaker 2: We're just different people. Well, they didn't take anything. And
• 39:19
  Speaker 2: if you're listening to this for some reason, thank you.
• 39:21
  Speaker 3: They only took a perfume, but everything else they left
• 39:24
  Speaker 3: my heart thank you so much that would.
• 39:28
  Speaker 2: Be diabolical for me like i would feel like you
• 39:31
  Speaker 2: had invaded my personal like my whole day would be ruined.
• 39:35
  Speaker 3: Thank you i want to.
• 39:38
  Speaker 2: Be more beck when i grow up all right back
• 39:40
  Speaker 2: on track i asked them another question i said what's
• 39:43
  Speaker 2: the hardest expense to cut back on when you were
• 39:45
  Speaker 2: trying to save I don't think it's going to be
• 39:48
  Speaker 2: a surprise. 35% of you said dinners and takeaway. For me,
• 39:52
  Speaker 2: it's always convenience and food. Next, 25% of you said
• 39:57
  Speaker 2: everyday treats. 23% said things like birthdays, weddings and events.
• 40:02
  Speaker 2: And 18% of you said holidays and weekends away.
• 40:06
  Speaker 4: Yeah.
• 40:07
  Speaker 2: Which I feel like They're all things that we struggle
• 40:10
  Speaker 2: with when we're trying to save. Like, they're all things
• 40:13
  Speaker 2: that we go, yeah, how cliche. We're cutting back on
• 40:16
  Speaker 2: takeaway and Uber Eats and dinners and holidays and weekends away.
• 40:20
  Speaker 3: That's all the fun stuff in life. How do we
• 40:21
  Speaker 3: have some balance? And then we.
• 40:24
  Speaker 2: Went to the comments section. I said, guys, what is
• 40:26
  Speaker 2: your two cents? First person said... try and live on
• 40:30
  Speaker 2: less than what you make. I prioritize what I value,
• 40:33
  Speaker 2: which is travel over every other everyday luxury. I don't
• 40:37
  Speaker 2: get my nails done. I don't buy coffee out. And
• 40:39
  Speaker 2: every time I'm envious of that, I remind myself that
• 40:42
  Speaker 2: I still get to travel.
• 40:44
  Speaker 4: I really like that perspective.
• 40:46
  Speaker 2: Next person said, be the one to suggest a picnic
• 40:49
  Speaker 2: or host dinner at home.
• 40:50
  Speaker 3: Make it fancy. Why don't you all bring a plate?
• 40:52
  Speaker 3: Wine can be super cheap and super fun. You can
• 40:56
  Speaker 3: still see your friends. You can still do things together.
• 40:58
  Speaker 3: It doesn't have to cost a lot of money.
• 40:59
  Speaker 4: Absolutely.
• 41:00
  Speaker 3: What I took from that was wine can be fun.
• 41:02
  Speaker 4: Absolutely.
• 41:03
  Speaker 2: The next person said, I would suggest walks with my friends,
• 41:07
  Speaker 2: doing a movie night at home with some popcorn or
• 41:09
  Speaker 2: cutting back on wine when out but still enjoying the food.
• 41:13
  Speaker 4: Yeah.
• 41:14
  Speaker 3: Which I think is a good one.
• 41:15
  Speaker 2: I remember when I was a bit younger and trying
• 41:18
  Speaker 2: really hard to save and I feel like you used
• 41:20
  Speaker 2: to do this too or maybe still do this, Bec.
• 41:23
  Speaker 2: Where I would eat before I left so that then
• 41:25
  Speaker 2: I'd just get an entree when I was out. Yeah.
• 41:28
  Speaker 2: So much more cost effective. I didn't feel bad. I
• 41:30
  Speaker 2: got to eat at the same time as my friends.
• 41:32
  Speaker 2: But like it's kind of like going supermarket shopping. I
• 41:35
  Speaker 2: think it's a bad idea to turn up in a
• 41:37
  Speaker 2: bad mood or really hungry. Yes.
• 41:39
  Speaker 4: So true.
• 41:40
  Speaker 3: One out of ten.
• 41:41
  Speaker 2: I've also realized that I need to– this is nation
• 41:45
  Speaker 2: side topic– I need to ban myself from shopping for
• 41:48
  Speaker 2: clothes when I'm ovulating. Yeah.
• 41:51
  Speaker 3: Because in my head, I look good in everything.
• 41:54
  Speaker 4: I mean, it's way better than the opposite. Yeah.
• 41:58
  Speaker 2: But then the.
• 41:58
  Speaker 3: Rest of the month comes and I'm like, girl, why
• 42:01
  Speaker 3: did you buy that? I don't want to wear that.
• 42:03
  Speaker 4: That's funny.
• 42:05
  Speaker 2: Anyway, carrying on, another person said, let's normalize catching up
• 42:09
  Speaker 2: at home.
• 42:10
  Speaker 3: Why don't we just cook an easy dinner and share?
• 42:13
  Speaker 4: Absolutely. Gorgeous.
• 42:15
  Speaker 2: I love having my friends over for dinner. Next person said,
• 42:19
  Speaker 2: people don't know what it means to sacrifice anymore. Sacrifice
• 42:23
  Speaker 2: is not equal to having no life.
• 42:26
  Speaker 3: It's a hard take. Yeah. Yeah, depends what you're, what
• 42:31
  Speaker 3: they're talking about.
• 42:32
  Speaker 4: I do like, I do agree on some people financially
• 42:34
  Speaker 4: are in the position where it's like my money will
• 42:36
  Speaker 4: only go far enough and living is so expensive that
• 42:38
  Speaker 4: I can only cover my necessities, in which case I
• 42:40
  Speaker 4: don't think that's a fair assessment at all. But I
• 42:43
  Speaker 4: do also agree on some level sometimes you have to
• 42:48
  Speaker 4: identify what you care about. And, like, I've always said
• 42:50
  Speaker 4: for me, like, I cut out so much of what
• 42:52
  Speaker 4: I was doing because I was working for a goal.
• 42:55
  Speaker 4: Whereas for you, Bec, you go, well, I'd rather enjoy
• 42:56
  Speaker 4: my life than necessarily reach that goal any sooner. And
• 43:00
  Speaker 4: neither of those are right or wrong perspectives. But I
• 43:02
  Speaker 4: do think sometimes– you know, we're exposed to this culture
• 43:05
  Speaker 4: online where everyone has it all and we want and
• 43:07
  Speaker 4: we want and we want. And you go, well, sometimes
• 43:09
  Speaker 4: you do have to go, well, okay, I can't go
• 43:12
  Speaker 4: out to dinners, but I can still see my friends.
• 43:14
  Speaker 4: We can still hang out. That doesn't mean I need
• 43:15
  Speaker 4: to lose that social interaction, but maybe I need to
• 43:19
  Speaker 4: give those things up for a little bit if reaching
• 43:21
  Speaker 4: that goal is more important to me.
• 43:24
  Speaker 3: Yeah. I don't know.
• 43:25
  Speaker 2: I just feel like If you had said to me
• 43:28
  Speaker 2: 10 years ago, oh, V, people don't know what it
• 43:31
  Speaker 2: means to sacrifice anymore, I'd be like, yeah, you're right,
• 43:34
  Speaker 2: people don't. And it was really evident in what you
• 43:38
  Speaker 2: said before, Bec.
• 43:38
  Speaker 3: Like five years ago, the sacrifice was like I don't
• 43:42
  Speaker 3: get to go to my festival.
• 43:43
  Speaker 4: Yeah.
• 43:44
  Speaker 2: Whereas now we're like, what's sacrifice? It's groceries or your
• 43:48
  Speaker 2: vet bills. It's petrol. Like these are everyday things that
• 43:52
  Speaker 2: we should arguably be able to afford. Like these are
• 43:55
  Speaker 2: things that I don't think we should be talking about
• 43:57
  Speaker 2: sacrifice on.
• 43:59
  Speaker 3: I agree.
• 44:00
  Speaker 2: When it comes to groceries, yeah, there's sacrifice. You shouldn't
• 44:02
  Speaker 2: be buying the bougie cheese every single week. But the
• 44:05
  Speaker 2: fact that we are going, oh, maybe we'll become completely
• 44:08
  Speaker 2: vegetarian because meat in general is too expensive. I don't
• 44:12
  Speaker 2: think that's sacrifice. I think that that's cooked. Like, I
• 44:16
  Speaker 2: just think that it's a different world. I do agree
• 44:19
  Speaker 2: that some people don't understand sacrifice and, you know, expect
• 44:23
  Speaker 2: everything all at once.
• 44:24
  Speaker 3: But that's a different story than what we're talking.
• 44:26
  Speaker 4: About right now.
• 44:26
  Speaker 3: Yeah, exactly.
• 44:27
  Speaker 2: Next person said, finding new ways to define what a
• 44:31
  Speaker 2: fun social event is. How can you brainstorm together as
• 44:35
  Speaker 2: a friend group the things that you like doing that
• 44:37
  Speaker 2: are free?
• 44:38
  Speaker 4: Yeah, I love that.
• 44:39
  Speaker 2: Well, I really like that because how many times have
• 44:40
  Speaker 2: we been like, have dinner at home, do this, do that.
• 44:43
  Speaker 2: Why don't you just get your group chat together and
• 44:44
  Speaker 2: be like, all right, let's list out all of our
• 44:46
  Speaker 2: favorite free things and over the next six months we're
• 44:48
  Speaker 2: going to do them.
• 44:49
  Speaker 4: Yeah.
• 44:50
  Speaker 3: Jess, what's your favorite free thing? We're going to do that. Bec,
• 44:52
  Speaker 3: what's your favorite free thing? We're going to do that. Like, cool,
• 44:55
  Speaker 3: your social calendar is full and free. Yeah.
• 44:58
  Speaker 2: Yeah.
• 44:58
  Speaker 3: My two favorite Fs.
• 45:00
  Speaker 1: Is it?
• 45:01
  Speaker 3: Have you got a third?
• 45:03
  Speaker 4: I can, but not what I can say on this podcast.
• 45:06
  Speaker 3: I'm dead.
• 45:07
  Speaker 2: All right.
• 45:07
  Speaker 3: Sorry. That was not a Jessica Ricci thing to say.
• 45:10
  Speaker 3: Next person. My hat literally fell off.
• 45:13
  Speaker 2: Next person said, my social life improves my mental health.
• 45:17
  Speaker 2: So for me, that's actually a non-negotiable.
• 45:21
  Speaker 3: Agreed. Next person.
• 45:23
  Speaker 2: And last thing that I'm going to share is, Start
• 45:25
  Speaker 2: trying to allocate a manageable amount to savings and then
• 45:29
  Speaker 2: build from your habits as your income increases, which I
• 45:33
  Speaker 2: think is really good. And I mean, someone else said, girl,
• 45:36
  Speaker 2: it's not all or nothing. Just set an amount for
• 45:38
  Speaker 2: fun in your budget and make sure that you actually
• 45:40
  Speaker 2: spend it and make sure that everything else is actually
• 45:43
  Speaker 2: on track.
• 45:44
  Speaker 3: Which I think is really important.
• 45:46
  Speaker 4: For sure.
• 45:46
  Speaker 3: I think it's really hard at the moment though.
• 45:48
  Speaker 4: I like, yeah, I just, be kind to yourself.
• 45:51
  Speaker 3: Exactly.
• 45:52
  Speaker 2: And I don't think it's about saying, oh my God,
• 45:53
  Speaker 2: I'm so bad at budgeting or I'm so bad at
• 45:55
  Speaker 2: this or that. Like, yes, you are not good at
• 45:59
  Speaker 2: budgeting if it's being restrictive on yourself, but that's just
• 46:02
  Speaker 2: not a good budget. And if you want a good budget,
• 46:04
  Speaker 2: there is a free one that you can download on
• 46:07
  Speaker 2: our website at That is not about restriction. It's just
• 46:10
  Speaker 2: about understanding cash flow and understanding where every single dollar
• 46:14
  Speaker 2: is going so that you can make more educated decisions
• 46:17
  Speaker 2: in line with your values.
• 46:19
  Speaker 3: Go download it. It's literally free.
• 46:20
  Speaker 2: All it's going to cost you is giving me your
• 46:24
  Speaker 2: email address.
• 46:25
  Speaker 3: I think that's a really good value exchange. That's pretty good.
• 46:28
  Speaker 2: All right, my little ghouls, we've got to wrap it
• 46:31
  Speaker 2: back to being a little bit Halloween theme.
• 46:34
  Speaker 3: It is time for us to wrap the episode. If
• 46:36
  Speaker 3: this episode has.
• 46:38
  Speaker 2: Rattled your bones, maybe riled you up and left you
• 46:41
  Speaker 2: feeling a little bit disturbed, like, oh, my God, Victoria's
• 46:44
  Speaker 2: mum did what?
• 46:46
  Speaker 3: Then the spell, my friend, is working.
• 46:48
  Speaker 2: Please share your reviews, comments or questions with us via
• 46:51
  Speaker 2: the comments section and remember to... to subscribe so that
• 46:54
  Speaker 2: you never, ever, ever miss an episode. My friends, we
• 46:57
  Speaker 2: will see you next week for a less spooky money
• 46:59
  Speaker 2: diary on Monday. And until then, I hope your weekend
• 47:02
  Speaker 2: is very spooky and you look after yourselves and of
• 47:05
  Speaker 2: each other.
• 47:06
  Speaker 4: Gorgeous. Bye, guys.
• 47:07
  Speaker 1: Be good. Bye.
• 47:07
  Speaker 3: Happy Halloween.
• 47:12
  Speaker 2: The advice shared on She's On The Money is general
• 47:14
  Speaker 2: in nature and does not consider your individual circumstances. She's
• 47:18
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• 47:22
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• 47:31
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• 47:33
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• 47:37
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