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Fears of a Crashing Share Market! · She's On The Money

• 0:00
  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Order
• 0:05
  Speaker 1: Order Kerney Whoalbury and a waddery woman. And before we
• 0:08
  Speaker 1: get started on She's on the Money podcast, I would
• 0:11
  Speaker 1: like to acknowledge the traditional custodians of the land of
• 0:14
  Speaker 1: which this podcast is recorded on a wondery country, acknowledging
• 0:18
  Speaker 1: the elders, the ancestors and the next generation coming through
• 0:23
  Speaker 1: as this podcast is about connecting, empowering, knowledge sharing and
• 0:27
  Speaker 1: the storytelling of you to make a difference for today
• 0:31
  Speaker 1: and lasting impact for tomorrow.
• 0:33
  Speaker 2: Let's get into it.
• 0:34
  Speaker 3: She's on the Money, She's on the Money.
• 0:57
  Speaker 2: Hello, and welcome to She's on the Money cast Millennials
• 1:00
  Speaker 2: who want financial freedom. Today, My friends, it's Friday, which
• 1:05
  Speaker 2: means it's time to get Little Beck and Little Jess
• 1:07
  Speaker 2: together and we're going to celebrate you how incredible She's
• 1:10
  Speaker 2: on the Money community Today, Miss Jess Grici is going
• 1:14
  Speaker 2: to be sharing her favorite money wins from the community.
• 1:16
  Speaker 2: Becsied has a few very good broke tips to share.
• 1:20
  Speaker 2: We're going to be helping to answer a juicy money dilemma,
• 1:22
  Speaker 2: which this week is all about fears of a crashing
• 1:26
  Speaker 2: stock market, and we're going to unpack something that you
• 1:28
  Speaker 2: slid into our DMS about which this week we're talking
• 1:31
  Speaker 2: about what to do when your job and your ethics clash. So, Beck,
• 1:36
  Speaker 2: you've decided to work remote this week? Where are you?
• 1:39
  Speaker 2: What are you doing and why are you doing it?
• 1:40
  Speaker 4: Well, great questions all round. I am celebrating, as you
• 1:44
  Speaker 4: as know, my birthday month, which means that I've can't.
• 1:48
  Speaker 2: Seen she's on tour. It's the birthday tour.
• 1:51
  Speaker 4: Tour exactly, the national tour exactly exactly. So I've come
• 1:55
  Speaker 4: to see my family because they thought they could get
• 1:57
  Speaker 4: out of cake presence because I live in Melbourne. Now
• 2:01
  Speaker 4: they don't have to do it wrong.
• 2:03
  Speaker 2: No, they do wrong.
• 2:04
  Speaker 4: I'm here, I'm here and you better be bringing some
• 2:07
  Speaker 4: good stuff to the table. So anyway, everyone, are we
• 2:09
  Speaker 4: expecting here? What are the expectations? Is that homemade cake?
• 2:12
  Speaker 4: Is it a cheesecake shop cake? Do we just want
• 2:14
  Speaker 4: a Col's cake? Do we just want the attention?
• 2:17
  Speaker 1: Like?
• 2:17
  Speaker 4: What is it?
• 2:18
  Speaker 5: So?
• 2:19
  Speaker 4: I'm honestly a man of simple pleasures. I don't ask
• 2:23
  Speaker 4: for that much, but I do want an original Peter's
• 2:26
  Speaker 4: ice cream cake.
• 2:27
  Speaker 2: Oh my god, that's just that's just a shave.
• 2:32
  Speaker 6: Yes, the fluffy white icing on ice cream on top
• 2:36
  Speaker 6: is so good.
• 2:37
  Speaker 4: Oh my goodness, I didn't know you liked that. I
• 2:39
  Speaker 4: should have got that for you.
• 2:41
  Speaker 2: When you're back for birthday month, we should have one.
• 2:44
  Speaker 6: Ice cream cake. Everyone can buy one and eat it
• 2:46
  Speaker 6: with as live next Friday.
• 2:48
  Speaker 2: Oh okay, I'm in, I'm in. I like that. You're
• 2:52
  Speaker 2: a man of simple pleasures. My dad is also a
• 2:54
  Speaker 2: man of simple pleasures. Whenever it's his birthday. Do you
• 2:57
  Speaker 2: know what cake he asks for?
• 2:58
  Speaker 6: Is it a Wooli's mud cake?
• 3:00
  Speaker 2: No, it's better. It's a chocolate ripple cake. Every true.
• 3:05
  Speaker 2: Like he's just like the cream and the chocolate reppele biscuits. Like,
• 3:10
  Speaker 2: don't put anything on it though, Like it is a
• 3:12
  Speaker 2: disgrace to him if you put like a peppermint slice
• 3:15
  Speaker 2: or something on top. Absolutely not.
• 3:17
  Speaker 6: He's a man of simple play.
• 3:18
  Speaker 5: Yeah.
• 3:18
  Speaker 2: Like chocolate ripple cake. That's almost cheaper than it Coles
• 3:23
  Speaker 2: mud Cake. I reckon it. Colls mud Cakes? What like
• 3:26
  Speaker 2: five bucks?
• 3:26
  Speaker 6: Now?
• 3:28
  Speaker 1: No?
• 3:28
  Speaker 2: Absolutely not. Yeah, the ripple cake definitely cheaper money. There
• 3:34
  Speaker 2: you go.
• 3:34
  Speaker 4: It's actually broke tip because it's extremely cheap. But yes,
• 3:38
  Speaker 4: of course, true inflation, It's true the three Eyes.
• 3:41
  Speaker 2: I love this so dex on tour. Miss Jessicataci, you're
• 3:45
  Speaker 2: here but not on tour. Thank you for that logistical nightmare.
• 3:49
  Speaker 2: If we're honest, if more than one of us has
• 3:51
  Speaker 2: left the studio. So, how's your week been.
• 3:54
  Speaker 6: It's been good. I haven't done anything super exciting. I
• 3:57
  Speaker 6: don't think this week, just sitting up home. I bought
• 4:01
  Speaker 6: my first Halloween.
• 4:04
  Speaker 2: It started early. Wow, it's August.
• 4:08
  Speaker 6: Yeah, I know, but they're releasing all the cute stuff already,
• 4:10
  Speaker 6: and so it's like one of these things you have
• 4:12
  Speaker 6: to get it or itself. I like, I'm a you
• 4:14
  Speaker 6: don't realize this week? Actually I am a victim. Oh
• 4:19
  Speaker 6: you are, because all the takes is one person.
• 4:23
  Speaker 2: Have you only just realized this?
• 4:25
  Speaker 6: Yeah?
• 4:25
  Speaker 2: Kind of Oh wow.
• 4:26
  Speaker 6: Do you know what it was that like tipped me over?
• 4:28
  Speaker 5: Is?
• 4:28
  Speaker 6: I was watching you were watching tiktoks?
• 4:31
  Speaker 2: So would you like to reframe it too? I was
• 4:33
  Speaker 2: reading an article because that's what I do when i've
• 4:36
  Speaker 2: I feel like I've exhausted my quota of I saw
• 4:38
  Speaker 2: on tiktoks that week.
• 4:40
  Speaker 6: I was watching a TikTok and someone was they were
• 4:43
  Speaker 6: doing a sponsored post, like it was clearly disclosed that
• 4:45
  Speaker 6: that should be sponsored post for like alkaline infused water.
• 4:50
  Speaker 6: And for a moment, I was like I should buy that.
• 4:53
  Speaker 6: That'll make me healthy, like water is.
• 4:56
  Speaker 2: Free from the tap.
• 5:00
  Speaker 6: I originally it's like they just sucked me, convinced me.
• 5:03
  Speaker 6: And I it was in that moment that I was like,
• 5:06
  Speaker 6: oh my god, just like snap out of it.
• 5:10
  Speaker 2: I feel like that is that is a lot yess.
• 5:14
  Speaker 2: The water nearly got her. I mean I used to
• 5:16
  Speaker 2: be a victim of the Fiji water. Like back when
• 5:18
  Speaker 2: I was in school, all the cool kids had Fiji
• 5:21
  Speaker 2: water and I desperately wanted that. It makes no sense,
• 5:24
  Speaker 2: it's water. And then also have you seen the new
• 5:26
  Speaker 2: marketing And I don't know if like this is a
• 5:28
  Speaker 2: bad thing to say on it, but there's a company
• 5:30
  Speaker 2: promoting hydrogen water. Oh maybe that's what it was. Hydrogen water. Yeah,
• 5:35
  Speaker 2: but like it's called H two O because there's already
• 5:38
  Speaker 2: two hydrogens per oxygen molecule in water, Like how can
• 5:42
  Speaker 2: you hydrogen the water more? And this is the thing,
• 5:45
  Speaker 2: is the comprehendible.
• 5:47
  Speaker 4: Also why what's the benefit?
• 5:51
  Speaker 2: I don't know, but like.
• 5:52
  Speaker 4: There's already hydrogen more actually kind of curious.
• 5:58
  Speaker 2: Feel like, get some hydrogen in all water back? Yeah,
• 6:01
  Speaker 2: I don't get the hydrogen water. If someone wants to
• 6:04
  Speaker 2: slide into my DMS and educate me, I will happily
• 6:07
  Speaker 2: correct myself on air next week. But yeah, till then,
• 6:11
  Speaker 2: I am much a confused though.
• 6:12
  Speaker 6: Yeah, and I have learned that I need to put
• 6:15
  Speaker 6: twenty four hours between me and my spending and maybe
• 6:16
  Speaker 6: sometime to out myself on air to realize how embarrassingly
• 6:19
  Speaker 6: big of a sucker.
• 6:20
  Speaker 4: I love that.
• 6:22
  Speaker 2: I love that. So next week on She's on the Money,
• 6:25
  Speaker 2: we'll be doing Brogue tips, money wins, and also health
• 6:28
  Speaker 2: tips from Jess. Yes, let's get the She's on the
• 6:34
  Speaker 2: Money community wins out of Jess though, because those are
• 6:36
  Speaker 2: definitely worth it, unlike hydrogen water. So what have you
• 6:40
  Speaker 2: got to bring to the table this week?
• 6:41
  Speaker 6: I've got some goodies this week. Firstly, a simple one
• 6:44
  Speaker 6: but one we should all be doing.
• 6:45
  Speaker 2: From Christina got water for free out of the tap.
• 6:48
  Speaker 3: I thought no.
• 6:49
  Speaker 6: Christina said she googled the brand she was buying from
• 6:52
  Speaker 6: a discount code. She found a twenty percent off code.
• 6:54
  Speaker 6: Within about three seconds, She said, she saved herself fifteen bucks,
• 6:58
  Speaker 6: and you'd be crazy not to do it.
• 7:00
  Speaker 2: Always do that, and I'm always giving free credit to
• 7:04
  Speaker 2: influencers who have posted their totally their discount codes online.
• 7:08
  Speaker 6: Yeah, I have no issue with you getting your little kick.
• 7:10
  Speaker 2: You can get your kick back. I don't know who
• 7:12
  Speaker 2: you are, Molly one o one, but I've just used
• 7:15
  Speaker 2: your code, got a discount and we're all happy here.
• 7:18
  Speaker 6: Yeah. Just trying all the generic basic names plus ten
• 7:21
  Speaker 6: plus twenty yes, sorry ten Black Friday ten.
• 7:24
  Speaker 2: Yeah, I have tried just ten, just twenty five. Neither
• 7:27
  Speaker 2: of those of works. Welcome back is a good one.
• 7:29
  Speaker 6: Welcome back is the right one. Yeah, so very good
• 7:31
  Speaker 6: reminder for Christina. Next, I've got money in from Rebecca,
• 7:34
  Speaker 6: who said money win. I entered my dog in a
• 7:37
  Speaker 6: competition and she won overall and we got heap of
• 7:40
  Speaker 6: prizes that were worth more than the entry.
• 7:42
  Speaker 2: Feel what competition, I don't know.
• 7:44
  Speaker 6: She said. Dog sports are apparently a hobby, so I'm
• 7:47
  Speaker 6: assuming maybe the dog was doing something athletic. But Rebecca
• 7:50
  Speaker 6: did give us a picture of said dog. Can I
• 7:52
  Speaker 6: weady with the prize? Go look at all of his ribbons?
• 7:57
  Speaker 4: Wait a minut all that I can see. That's very cute.
• 8:00
  Speaker 2: He's got like, not only has he got like a
• 8:02
  Speaker 2: prize pack, he's like sitting in the middle of his
• 8:04
  Speaker 2: prize pack. He's got an orange monkey toy in a
• 8:07
  Speaker 2: blue too can. He's got like a slow feeder mat
• 8:09
  Speaker 2: and all of these like little doggie like ribbons.
• 8:13
  Speaker 6: He's absolutely slaying. Well stand reback about se one. If
• 8:16
  Speaker 6: you want to see the picture, check out the thread.
• 8:17
  Speaker 6: And we've had a few people dms on Instagram this
• 8:19
  Speaker 6: week saying where do I send my money Wins VD
• 8:22
  Speaker 6: puts a thread in the Facebook group every week, so
• 8:24
  Speaker 6: if you're not in the Facebook group, go join.
• 8:26
  Speaker 2: And also there's actually an unwritten rule in that money
• 8:29
  Speaker 2: Wins thread, and that is if you're going to mention
• 8:31
  Speaker 2: your pet, you need to be paying pet tax, which
• 8:34
  Speaker 2: is actually the tender is actually a photo of your
• 8:37
  Speaker 2: pet that needs to accompany that post exactly. Yeah, so
• 8:41
  Speaker 2: don't post about your pets unless you're actually going to
• 8:43
  Speaker 2: show us your pets.
• 8:44
  Speaker 6: Yes, Recca's paid a tax up for the year. Well done. Next,
• 8:47
  Speaker 6: I've got a money win from Alone who said life win.
• 8:50
  Speaker 6: I recently invested in the Kmart glass containers and they're
• 8:54
  Speaker 6: really really good. They keep everything super fresh, and she
• 8:57
  Speaker 6: now has five that she keeps on rotation and her
• 8:59
  Speaker 6: produicy is lasting a lot longer than it did when
• 9:02
  Speaker 6: she was using plastic containers.
• 9:03
  Speaker 2: I feel like good research into how to get your
• 9:06
  Speaker 2: produce to last longer is well worth.
• 9:08
  Speaker 6: It completely, and the came out ones are really affordable.
• 9:11
  Speaker 6: I have a heap that I bought years ago from
• 9:13
  Speaker 6: it and they're still going strong, but they came up.
• 9:15
  Speaker 6: One's much cheaper, So.
• 9:16
  Speaker 2: Money win, very big money win.
• 9:18
  Speaker 6: From Lauren. Next, I've got one from Julia who said
• 9:22
  Speaker 6: she paid off her iPhone and she's going to keep
• 9:24
  Speaker 6: it so now she's paying forty dollars less per month
• 9:27
  Speaker 6: phone bill.
• 9:28
  Speaker 2: Money win. That's a lot of money that allowed up
• 9:30
  Speaker 2: over time too completely. My question is, though, what are
• 9:33
  Speaker 2: you doing with that forty dollars? You're just letting it
• 9:35
  Speaker 2: go into your account or investing it or are we
• 9:37
  Speaker 2: saving it? Like do something automated with it.
• 9:39
  Speaker 6: Yeah, that's a good idea, all right. Next, top money
• 9:41
  Speaker 6: in from Leah who entered a bake sale contest. There's
• 9:44
  Speaker 6: a bit of a thing this week, lots of people
• 9:45
  Speaker 6: entering things which I love. And she paid twenty six
• 9:47
  Speaker 6: dollars in ingredients and to her great surprise, she won
• 9:51
  Speaker 6: got a two hundred and fifty dollars restaurant voutcha, which
• 9:54
  Speaker 6: oh more than cover teme.
• 9:55
  Speaker 2: Can we have a Shes on the money bakesale that
• 9:57
  Speaker 2: would be very wholesome. I feel like we should. Beck
• 10:00
  Speaker 2: will organize that you work ad a you're in. We'll
• 10:02
  Speaker 2: do it on like a day that we come in
• 10:05
  Speaker 2: to record the podcast. Can we actually we will sell
• 10:08
  Speaker 2: our goods.
• 10:08
  Speaker 6: Yeah, go desk to desk.
• 10:10
  Speaker 2: Yep. We'll put our little stool out front of the
• 10:13
  Speaker 2: podcast studio and people can come buy our muffins.
• 10:16
  Speaker 5: One.
• 10:16
  Speaker 2: There'll be a competition to see who sold out first,
• 10:20
  Speaker 2: and then to we can donate the money into charity.
• 10:23
  Speaker 6: It's giving lemonade stand.
• 10:24
  Speaker 2: It's giving it adult lemonade stand.
• 10:26
  Speaker 6: Very into it. Lastly, this week, speaking of lemonade, I've
• 10:29
  Speaker 6: got money win from and who said she arrived at
• 10:32
  Speaker 6: Buddings to buy some fruit trees yesterday and they were
• 10:34
  Speaker 6: marking them down to.
• 10:35
  Speaker 2: Half price, so she will buy Can I have one?
• 10:37
  Speaker 6: I know? She wore apple, peach, nectarine, cherry, two plumps,
• 10:40
  Speaker 6: apricot and almond trees for only twenty five to thirty
• 10:43
  Speaker 6: dollars A true.
• 10:44
  Speaker 2: Okay, So where are you putting all of these trees? Miss?
• 10:46
  Speaker 2: I have space?
• 10:47
  Speaker 6: Yeah, that's a lot of trees.
• 10:48
  Speaker 2: That's a lot of trees. Also almond tree, Yeah, what
• 10:52
  Speaker 2: does that look like?
• 10:52
  Speaker 6: I know that almonds come from somewhere, it just never
• 10:55
  Speaker 6: occurred to me that it was a tree.
• 10:56
  Speaker 4: No. Same. I only just learned that cashews come the
• 11:00
  Speaker 4: very unnecessary pair looking thing. Have you guys seen a
• 11:03
  Speaker 4: cashew dress?
• 11:04
  Speaker 2: I know, so, Jessica is probably gonna be mind blown here.
• 11:08
  Speaker 2: Peanuts come from the ground. They dug up like potatoes,
• 11:16
  Speaker 2: right like in what Oh they come in the nuts.
• 11:19
  Speaker 2: They come in those sorts.
• 11:20
  Speaker 6: See, I thought peanuts were on trees dug up.
• 11:25
  Speaker 2: Also another fun fact, dates, which when I was pregnant
• 11:29
  Speaker 2: you saw me consume a lot of turns out they
• 11:31
  Speaker 2: did nothing emergency ces area and one out of ten
• 11:33
  Speaker 2: cannot recommend they grow on palm trees.
• 11:36
  Speaker 6: Aren't they just like dried plums?
• 11:38
  Speaker 2: No, that's a brune trees where dates come from?
• 11:46
  Speaker 6: Ess Wow, I need to go do like an educational
• 11:49
  Speaker 6: session in the Woolies project section because I got no idea.
• 11:52
  Speaker 2: Look I'm here. I also recently learned on TikTok again,
• 11:55
  Speaker 2: so this has become she's on TikTok not she's on
• 11:58
  Speaker 2: the money. You can eat un almonds and it's like
• 12:01
  Speaker 2: a delicacy and a lot of cultures and I really
• 12:03
  Speaker 2: want to try them. So if anyone knows where I
• 12:05
  Speaker 2: can purchase those, please slide into my dams and let
• 12:07
  Speaker 2: me know, because apparently it's coming up to uncooked almond season.
• 12:10
  Speaker 6: She got Bunnings by half Trees.
• 12:12
  Speaker 4: By the Trees, a very new straight from the sauce.
• 12:15
  Speaker 2: I love this all right, Jess. Were they all your
• 12:18
  Speaker 2: money wins this week?
• 12:19
  Speaker 6: That's all I've got?
• 12:19
  Speaker 1: Loved them.
• 12:20
  Speaker 2: We've learned a lot. Every day is a school day.
• 12:23
  Speaker 2: It turns out, Beck, what have you got when it
• 12:25
  Speaker 2: comes to broke tips?
• 12:27
  Speaker 4: Okay, so no entering competitions on my end, but I
• 12:30
  Speaker 4: am really impressed. It kind of feels like we're living
• 12:32
  Speaker 4: in like the olden days, old timey days. There's really cute,
• 12:35
  Speaker 4: really wholesome cottage corps. My first broke tip comes from Wibby,
• 12:39
  Speaker 4: who says that she was walking around the QVB the
• 12:42
  Speaker 4: other day and she had a bit of time to
• 12:43
  Speaker 4: kill and often they have those little pop up hair
• 12:46
  Speaker 4: tall styling stalls. So she killed fifteen minutes, got her
• 12:50
  Speaker 4: hair curled, and she knows it's dice and does this
• 12:52
  Speaker 4: too occasionally with their air rap via know you love
• 12:55
  Speaker 4: an air rap for no air wraps and no cost
• 12:59
  Speaker 4: Like that is wild. So she walked away feeling guilt free.
• 13:03
  Speaker 2: That's a money win, not just a broke tip. You've
• 13:06
  Speaker 2: doubled down here totally.
• 13:07
  Speaker 4: It's in everything tip. Like that's really smart. But I
• 13:10
  Speaker 4: always says before too. But like if she pair that
• 13:13
  Speaker 4: with a Maya visit and just got a bunch of
• 13:15
  Speaker 4: perfume samples.
• 13:17
  Speaker 2: Oh, she'd be looking good and smelling fresh.
• 13:19
  Speaker 1: That's shit.
• 13:19
  Speaker 4: That's really what we need, and it's free for you love.
• 13:22
  Speaker 2: We love that genius. Good one from you, Lyuby.
• 13:25
  Speaker 4: Thank you Libby. The next one comes from two. This
• 13:27
  Speaker 4: one is about lemons. Lemons, lemons, lemons. So there's so
• 13:31
  Speaker 4: many things you can do with lemons, and I'm sure
• 13:33
  Speaker 4: that a lot of these people have tried already, but
• 13:35
  Speaker 4: I'm just gonna read them out in case you have it.
• 13:37
  Speaker 4: So juice the lemon, freeze them in ice trees so
• 13:40
  Speaker 4: you can use them at a later date. Extremely healthy
• 13:42
  Speaker 4: and full of vitamins amazing. Dry the lemon peels to
• 13:45
  Speaker 4: make homemade pot pury. I don't actually know what that is,
• 13:49
  Speaker 4: pope pura pop pure pop pop pourri po pourri hopurrie.
• 13:53
  Speaker 2: Yes, I like that. We got there finally together.
• 14:00
  Speaker 6: It's like the nice smelling stuff that you have in
• 14:02
  Speaker 6: a bowl or something in it.
• 14:03
  Speaker 4: Yeah, and toilet Yeah, I mean I've literally never seen
• 14:08
  Speaker 4: it before. I've never felt a need for it, but
• 14:10
  Speaker 4: I'm gonna try it anyway. May as well. I love this.
• 14:13
  Speaker 4: I love it's a zesty smell and keeps the bugs away.
• 14:15
  Speaker 4: That's incredible. Put a few slices of lemon in your
• 14:17
  Speaker 4: kettle and boil them to get rid of lime scale.
• 14:20
  Speaker 4: You can make homemade Yeah, that's smart. That's a good one,
• 14:22
  Speaker 4: really really good stuff. You can make homemade antiseptic spray
• 14:25
  Speaker 4: with lemon juice, vigar bike up so I drop it,
• 14:28
  Speaker 4: eucalyptus oil and clean your wooden chopping boards.
• 14:31
  Speaker 5: Yeah.
• 14:31
  Speaker 4: I think that's not everything you can do with lemon,
• 14:34
  Speaker 4: but those are a few things you can do with lemon.
• 14:36
  Speaker 2: You can do so much with lemon, like and use
• 14:38
  Speaker 2: the whole lemon as well, totally use the zest use
• 14:42
  Speaker 2: the peel like, Ah, it's so.
• 14:44
  Speaker 4: Gorge totally, totally so my broke tip.
• 14:49
  Speaker 2: Oh you've got one as well? Where does it come from?
• 14:52
  Speaker 2: This week back?
• 14:53
  Speaker 4: Genuinely myself, But I don't know if you guys are
• 14:55
  Speaker 4: gonna love this one. I don't know how useful it's
• 14:58
  Speaker 4: going to be for you, but it will be used
• 15:00
  Speaker 4: full for other people. I know that full strength.
• 15:02
  Speaker 2: We're ready, So we're ready. Obviously.
• 15:04
  Speaker 4: I had a house party on the weekend that passed,
• 15:07
  Speaker 4: and I always get really stressed about parties because I'm like, yeah, a.
• 15:12
  Speaker 2: House party, it's not in my vocabulary. No, that's not
• 15:15
  Speaker 2: happening at my house. Chess, you can come to my house,
• 15:17
  Speaker 2: then someone else can come over, Like we're not over
• 15:19
  Speaker 2: capitalizing on people in my property. A house party is
• 15:22
  Speaker 2: not an option.
• 15:23
  Speaker 6: Yeah that seems fair.
• 15:25
  Speaker 2: Fair dinner party. I'm out for that.
• 15:26
  Speaker 6: Sure, Yeah, freeze party.
• 15:28
  Speaker 2: Maybe I'd have to have that many friends.
• 15:32
  Speaker 4: They all tend to cost a lot of money, basically,
• 15:34
  Speaker 4: is the point. And I was really worried. I always
• 15:39
  Speaker 4: get really stressed around party time because I'm like, everything
• 15:42
  Speaker 4: you do, you don't even think of things like snacks.
• 15:45
  Speaker 4: You gotta buy chairs, you gotta buy fairy.
• 15:47
  Speaker 2: Lights before you know it so they can stand.
• 15:50
  Speaker 4: Yeah, well that's it. Well, but also, like you know, music, everything,
• 15:53
  Speaker 4: everything's so expensive anyway, So my tip is go onto
• 15:57
  Speaker 4: your local. This is probably more of a melbourneing. I
• 16:00
  Speaker 4: I know that Sydney has this, and when I lived
• 16:02
  Speaker 4: here before it didn't feel very communal. I don't think
• 16:04
  Speaker 4: there's a Sydney version, but there might be. I could
• 16:06
  Speaker 4: be wrong.
• 16:07
  Speaker 2: There might be. And if there is, slid into my
• 16:09
  Speaker 2: damns and that can share it with yes please.
• 16:11
  Speaker 4: But in Melbourne we have good carma networks and so
• 16:15
  Speaker 4: I'm even though I don't live there anymore, I'm still
• 16:17
  Speaker 4: part of the bronze with good carbon network. And then
• 16:18
  Speaker 4: there's fitz Roy everywhere and you can just jump on there.
• 16:21
  Speaker 4: I jumped on and it was like literally an hour
• 16:23
  Speaker 4: before my party started, and I was like, does anyone
• 16:25
  Speaker 4: have milk crates? I just need milkrates because I need
• 16:26
  Speaker 4: people to sit down, because I only had four seats
• 16:28
  Speaker 4: in the whole house. And so someone was like, I
• 16:31
  Speaker 4: have a bunch of milk crates. I don't need them back,
• 16:34
  Speaker 4: just take them money. When before I knew it, everyone
• 16:38
  Speaker 4: had a seat, everyone had a little place to rest
• 16:40
  Speaker 4: their hat, and I didn't take a single sense. So
• 16:44
  Speaker 4: just jump into your local good Carmen at work or
• 16:46
  Speaker 4: whatever your equivalent is, and ask for fairy lights that
• 16:49
  Speaker 4: you can just borrow them. Ask to borrow them, seats, ice, buckets, ice, firewood, anything, anything, anything.
• 16:55
  Speaker 2: I love that I do have to ask, what are
• 16:58
  Speaker 2: you doing with the milk crates?
• 17:00
  Speaker 4: They will forever sit in a very inconvenient spot. They
• 17:05
  Speaker 4: will forever be a new sense. But honestly they were free.
• 17:09
  Speaker 4: Next house party we have and someone else will probably
• 17:12
  Speaker 4: post a similar thing in the future, and I'll.
• 17:14
  Speaker 6: Be like, is gonna say, surely you passed them along?
• 17:16
  Speaker 4: Exactly? I've got some milk crates for your.
• 17:18
  Speaker 2: I also have another question, if I may be, of course,
• 17:22
  Speaker 2: how did you transport.
• 17:23
  Speaker 6: The milk crates?
• 17:24
  Speaker 1: Oh?
• 17:24
  Speaker 2: Just in my car?
• 17:25
  Speaker 4: Is he easy?
• 17:27
  Speaker 2: How many milk crates fit in a car?
• 17:29
  Speaker 5: Wait?
• 17:29
  Speaker 6: I want to guess.
• 17:30
  Speaker 2: I want to get I want to guess in game.
• 17:31
  Speaker 2: It's a game, es how many milk crates fit in
• 17:33
  Speaker 2: a car?
• 17:34
  Speaker 6: I'm going to go fifteen.
• 17:35
  Speaker 2: How many milk crates did you get in total?
• 17:37
  Speaker 4: So I actually didn't get that many this time around,
• 17:39
  Speaker 4: but I have in the past filled my car, so
• 17:42
  Speaker 4: I do know the number and.
• 17:44
  Speaker 2: Oh she knows me es oh twenty? How many fit
• 17:49
  Speaker 2: in the car deck?
• 17:50
  Speaker 4: From memory, it was like eighteen and I have a
• 17:52
  Speaker 4: small cards. I have a very small car. You guys
• 17:56
  Speaker 4: have seen my car.
• 17:58
  Speaker 6: Eight I was envisioning my carrier and trying to picture
• 18:00
  Speaker 6: how many I gets.
• 18:01
  Speaker 4: Duck, Yes, it's probably similar size.
• 18:03
  Speaker 2: I love this so good Calma Networks. That is actually
• 18:06
  Speaker 2: a really good thing. Beck. I know that you said
• 18:08
  Speaker 2: it was for house parties, but even if you're like
• 18:10
  Speaker 2: furnishing a house, like check out those platforms because you
• 18:14
  Speaker 2: could get a money.
• 18:15
  Speaker 4: In exactly exactly. So I love Have you enjoyed that one?
• 18:21
  Speaker 1: That one?
• 18:21
  Speaker 2: All right, we're going to go to a really quick
• 18:23
  Speaker 2: break on the flip side. We're going to be talking
• 18:25
  Speaker 2: about what to do if you're fearful of a crashing
• 18:28
  Speaker 2: stock market, and then we're also going to be talking
• 18:31
  Speaker 2: about what to do when your job and your ethics clash.
• 18:33
  Speaker 2: So don't go anywhere, guys, Welcome back, everybody.
• 18:40
  Speaker 6: Let's take a listen to this week's money dilemma.
• 18:45
  Speaker 2: Hi, there, have you got a money dilemma you just
• 18:47
  Speaker 2: can't solve? The Sheese on the Money team is here
• 18:50
  Speaker 2: to help. Every week, we tackle your dilemmas, both big
• 18:53
  Speaker 2: and small, to answer your most burning money, career and
• 18:56
  Speaker 2: life questions. To get involved, simply head to our website
• 18:59
  Speaker 2: and leave us a short voice recording and you might
• 19:01
  Speaker 2: just find yourself on the show. Now, let's take a
• 19:04
  Speaker 2: listen to this week's money dilemma.
• 19:08
  Speaker 5: I'm a late twenties gal and I've been interested in
• 19:14
  Speaker 5: investing to try and boost some of my future incomes.
• 19:18
  Speaker 5: But whenever you think of investing, you think of things
• 19:21
  Speaker 5: like stock markets and the massive risk of crashing and
• 19:25
  Speaker 5: losing millions of dollars rather than safe investments. And wasn't
• 19:29
  Speaker 5: sure where to begin. Have listened to the podcast for
• 19:31
  Speaker 5: a long time, try to do some of my own research,
• 19:34
  Speaker 5: but find I keep getting stuck on this idea of
• 19:36
  Speaker 5: investment equals either property or stock market, which is a
• 19:42
  Speaker 5: dangerous game. And wasn't sure there too. Because thanks for
• 19:45
  Speaker 5: the advice.
• 19:46
  Speaker 2: Very timely, Because Beck, what did we just record?
• 19:49
  Speaker 4: We I want to you can't remember, No, No, I
• 19:53
  Speaker 4: want to keep the magic alive and be like, we
• 19:55
  Speaker 4: record this in two different days. But we did just
• 19:57
  Speaker 4: record an episode about annalysis, paralysis.
• 20:00
  Speaker 2: And how you get overwhelmed once you start doing too
• 20:02
  Speaker 2: much research and understanding it. But I feel like this
• 20:05
  Speaker 2: is a good time to remind you that it totally
• 20:08
  Speaker 2: feels like risk because you are taking risk, but it's
• 20:11
  Speaker 2: a relatively calculated risk. And what you have on your
• 20:14
  Speaker 2: side is time. And the important thing when it comes
• 20:17
  Speaker 2: to the share market is actually how much time you
• 20:19
  Speaker 2: spend inside the share market, right, And we know two
• 20:22
  Speaker 2: things to be true when it comes to the share market.
• 20:25
  Speaker 2: I'm probably going to list off more than two things,
• 20:27
  Speaker 2: so just don't hold me to account to my own words.
• 20:29
  Speaker 2: So the first is that if you take any thirty
• 20:32
  Speaker 2: year period in time over the history of the Australian
• 20:36
  Speaker 2: Stock Exchange and to have a look at that thirty
• 20:39
  Speaker 2: year period, not one person has lost money if they
• 20:42
  Speaker 2: stayed invested. So we know that if you stay invested
• 20:45
  Speaker 2: for the long term, investors like long term investors, always
• 20:48
  Speaker 2: come out as winners. We also know to be true
• 20:52
  Speaker 2: that the share market over your entire lifetime or the
• 20:57
  Speaker 2: average Australian lifetime, is going to have seven market dips,
• 21:01
  Speaker 2: so seven times you are going to log into your
• 21:04
  Speaker 2: profile and see that the market has crashed. So the
• 21:08
  Speaker 2: biggest one that we saw in I guess more recent
• 21:11
  Speaker 2: times was the global financial crisis, which happened in two
• 21:13
  Speaker 2: thousand and eight, and obviously, if I showed you a graph,
• 21:16
  Speaker 2: we have more than recovered from that. But what happens
• 21:20
  Speaker 2: during a time of dip is people freak out right,
• 21:22
  Speaker 2: and we're seeing that literally this week because the market
• 21:25
  Speaker 2: is off and there has been an absolute dip in
• 21:28
  Speaker 2: the market and people go, oh, my gosh, my investments
• 21:31
  Speaker 2: are worthless money. Should I be selling Jess? And the
• 21:34
  Speaker 2: answer is often no, because we need to ride that out.
• 21:37
  Speaker 2: We don't want to crystallize our loss, which means we
• 21:40
  Speaker 2: sell at a price that is much less than what
• 21:42
  Speaker 2: we paid for it because we're scared. And what happens
• 21:46
  Speaker 2: over time, if you are a consistent investor is you
• 21:50
  Speaker 2: would stay invested and your money would recover, if not double.
• 21:53
  Speaker 2: And we know because of the rule of seventy two,
• 21:55
  Speaker 2: which I probably should do an entire podcast on, because
• 21:57
  Speaker 2: I feel, like I've said on the podcast so many times, like, oh,
• 22:00
  Speaker 2: because of the rule of seventy two, people are like, yeah,
• 22:02
  Speaker 2: okav Ha was that we probably should deep dive into that.
• 22:06
  Speaker 2: But essentially The crux of that rule is that money
• 22:09
  Speaker 2: will double every seven to ten years, and so we
• 22:12
  Speaker 2: know that over the long term, if you're investing in
• 22:15
  Speaker 2: the Australian share market, guys, your money should double over
• 22:19
  Speaker 2: that period of time. But what we need to have
• 22:21
  Speaker 2: on our side is time. We also know that the
• 22:24
  Speaker 2: media sensationalizers loss. Jess, would you like to read an
• 22:29
  Speaker 2: article on, you know, my share portfolio? Probably not because
• 22:33
  Speaker 2: it's boring. It was up last year and that was great,
• 22:37
  Speaker 2: but there's nothing to write home about because my plans
• 22:40
  Speaker 2: for that portfolio are that over the next thirty years
• 22:43
  Speaker 2: makes me rich. If that's the plan, I don't want
• 22:47
  Speaker 2: it to be sexy. I don't want it to be notable.
• 22:49
  Speaker 2: But you know what's notable when somebody invests all their
• 22:52
  Speaker 2: money and then loses it.
• 22:53
  Speaker 6: Yeah, they want like the clickbait story.
• 22:55
  Speaker 2: We literally had my friend Tracy Hall on the podcast
• 22:58
  Speaker 2: the other day to talk about how she lost three
• 23:01
  Speaker 2: hundred and seventeen thousand dollars to a scam artist, because
• 23:05
  Speaker 2: that is great content that we can learn from. People
• 23:08
  Speaker 2: are genuinely more interested in engaging in content that ignites
• 23:12
  Speaker 2: our emotion than we are in engaging in content that's like, oh,
• 23:16
  Speaker 2: so you're doing well. That's nice.
• 23:18
  Speaker 6: Yeah, Like no one cares.
• 23:20
  Speaker 2: So I think when we're looking at it, and going
• 23:22
  Speaker 2: back to our listener question, you're worried about it because
• 23:25
  Speaker 2: you would hear stories because the media perpetuates those stories.
• 23:28
  Speaker 2: But if we look at the reality of the situation,
• 23:31
  Speaker 2: if you have time on your side, investing is a
• 23:34
  Speaker 2: no brainer, and.
• 23:35
  Speaker 6: Dips are often an opportunity to get ahead, like the
• 23:37
  Speaker 6: dipyvnial this week. I literally this morning chucked extra money
• 23:40
  Speaker 6: in mind did you.
• 23:41
  Speaker 2: I am so proud of you.
• 23:43
  Speaker 6: My normal ETF is like a little bit off, like
• 23:46
  Speaker 6: Sixtysons down from where it was last time I bought her.
• 23:49
  Speaker 2: So you're telling me that you invested during a dip
• 23:52
  Speaker 2: and you were like, oh, this is an opportunity for
• 23:55
  Speaker 2: me exactly.
• 23:55
  Speaker 6: Like, which is not always the case. Not financial advice obviously,
• 23:59
  Speaker 6: but like if that's something, but you're seizing.
• 24:01
  Speaker 2: An opportunity that you have identified for yourself, and we
• 24:03
  Speaker 2: don't know what you're investing in all, how that works.
• 24:05
  Speaker 2: It's actually not of our business. But I think it's
• 24:08
  Speaker 2: important to understand that mindset is really important. And Jess,
• 24:12
  Speaker 2: you've been investing for a number of years now, which
• 24:13
  Speaker 2: is really cool. And I know that the first year
• 24:16
  Speaker 2: we were kind of like laughing. We were laughing at
• 24:19
  Speaker 2: your dividends. We're laughing about dividends because we're like, ha
• 24:22
  Speaker 2: ha ha, I made fifty cents. I'm going to be rich.
• 24:26
  Speaker 2: But are you starting to see the fruits of your
• 24:28
  Speaker 2: labor a little bit?
• 24:29
  Speaker 6: I think more than anything, it's just nice to see
• 24:31
  Speaker 6: it like growing overall, Like, even with the dip, my
• 24:34
  Speaker 6: portfolio is still up about I think seven percent or something,
• 24:36
  Speaker 6: which is okay, And I like, I'm not doing anything vancy,
• 24:39
  Speaker 6: like I'm investing primarily in one year.
• 24:42
  Speaker 2: You must have had a really good financial advisor.
• 24:45
  Speaker 6: Yeah, imagine that.
• 24:46
  Speaker 2: Wow, it's so sad she's retired now. Oh, I'm so sorry.
• 24:52
  Speaker 2: That's a good question. I feel like, you know, at
• 24:54
  Speaker 2: the end of the day, analysis paralysis comes into this.
• 24:57
  Speaker 2: And then also on that episode, Beck, you and I
• 24:59
  Speaker 2: Beck were talking about the worst thing that's never happened
• 25:01
  Speaker 2: to you and how we often all jump to the
• 25:04
  Speaker 2: worst possible conclusion and it's important, like we want to
• 25:07
  Speaker 2: weigh up our risk, we want to talk about what
• 25:09
  Speaker 2: could possibly happen, but maybe ask yourself the question of like, well, Jess,
• 25:13
  Speaker 2: what's the worst thing that's never happened to you? And like,
• 25:16
  Speaker 2: what you've made up in your mind is often worse
• 25:18
  Speaker 2: than the reality of the situation.
• 25:20
  Speaker 6: And keep an eye out for that episode.
• 25:22
  Speaker 4: Yes so soon, good shout.
• 25:24
  Speaker 2: All right, let's get into some spicier content because this
• 25:27
  Speaker 2: week we got a DM from you guys, and it's
• 25:30
  Speaker 2: all about what to do when your job and your
• 25:32
  Speaker 2: ethics are clashing. Alright, are you ready ready? Hi? Sheeeese.
• 25:37
  Speaker 2: On the money, I'm having a big moral to lever.
• 25:40
  Speaker 2: I have a job that I absolutely love. It pays
• 25:43
  Speaker 2: really well, the team is amazing, and I genuinely enjoy
• 25:46
  Speaker 2: the work that I do. However, recently the company has
• 25:49
  Speaker 2: been in the news for engaging and behaviors that totally
• 25:52
  Speaker 2: clash with my values. It's reached a point where some
• 25:55
  Speaker 2: people I respect have refused to work with us because
• 25:58
  Speaker 2: of it. Feeling super conflicted, I don't want to be
• 26:02
  Speaker 2: a part of something that doesn't align with my principles,
• 26:04
  Speaker 2: but I also don't want to give up a job
• 26:07
  Speaker 2: that's been so amazing, and if I go elsewhere, I'm
• 26:10
  Speaker 2: probably gonna have to take a pay cut. I'm really
• 26:12
  Speaker 2: struggling with this. What would you do?
• 26:15
  Speaker 6: I want the tea.
• 26:16
  Speaker 2: I M very disappointed you didn't DM me the company
• 26:20
  Speaker 2: you work for, Like what was the client that wouldn't
• 26:24
  Speaker 2: work with you?
• 26:24
  Speaker 4: Like we need to know can we take google it?
• 26:26
  Speaker 4: I think we could probably google it with a few
• 26:28
  Speaker 4: key words.
• 26:29
  Speaker 2: Yeah, one hundred percent, But we're not going to do that.
• 26:31
  Speaker 2: We're not going to do that.
• 26:32
  Speaker 4: We're not going to do that. But I just feel like,
• 26:33
  Speaker 4: like big companies, not all like I don't want to
• 26:36
  Speaker 4: say all hashtag not all companies, but I feel like
• 26:39
  Speaker 4: if we did try and google it, the like, like
• 26:43
  Speaker 4: we just be flooded with news because there'd probably be
• 26:46
  Speaker 4: heaps of options exactly, which makes you think like a
• 26:50
  Speaker 4: lot of companies are like this, and like, you know,
• 26:52
  Speaker 4: I don't want to obviously point things on name names,
• 26:54
  Speaker 4: but I've definitely worked in some companies that I feel
• 26:58
  Speaker 4: like my values don't feel line with their overall kind
• 27:03
  Speaker 4: of like I don't know what they've been doing behind
• 27:05
  Speaker 4: the scenes. Some companies are a little bit corrupt, of course,
• 27:08
  Speaker 4: like some management styles are really really awful, and some
• 27:11
  Speaker 4: people in higher places aren't.
• 27:13
  Speaker 2: The best people sometimes.
• 27:15
  Speaker 4: And I did read a book about psychopaths in kind
• 27:19
  Speaker 4: of like I'm really jumping here, but psychopaths in like
• 27:22
  Speaker 4: higher positions. John ronson psychopath It's a really good book.
• 27:25
  Speaker 4: You kind of just know that sometimes people who are
• 27:29
  Speaker 4: a little bit morally corrupt can climb their way to
• 27:33
  Speaker 4: the top just by stepping out other people. So it's
• 27:36
  Speaker 4: not unheard of that companies kind of can get themselves
• 27:40
  Speaker 4: into like a bit of hot water, just basically because
• 27:43
  Speaker 4: sometimes the right people aren't really running or driving the ship,
• 27:48
  Speaker 4: if that makes sense. So it's probably going to be
• 27:50
  Speaker 4: hard to find a company that is completely unscathed and
• 27:56
  Speaker 4: completely morally sound in its entire But that's not to
• 28:01
  Speaker 4: say like if there's something that's it's really hard to
• 28:04
  Speaker 4: without all the Jews, it's really hard to say, but yeah,
• 28:07
  Speaker 4: I need, Yeah, I guess, like going off what we
• 28:10
  Speaker 4: have here, if it's something that's so bad that you
• 28:14
  Speaker 4: don't think if you could kind of boil the whole
• 28:17
  Speaker 4: company down into one person, if you're like, all that's
• 28:20
  Speaker 4: so bad that i'd need I would cut this person
• 28:22
  Speaker 4: out of my life, then maybe look elsewhere. But if
• 28:27
  Speaker 4: it's like I don't know, I don't know, this is
• 28:30
  Speaker 4: probably really bad advice because it might have been really
• 28:32
  Speaker 4: bad what they're talking about.
• 28:33
  Speaker 6: We don't know, We don't know.
• 28:36
  Speaker 2: Yeah, reckon, I agree.
• 28:37
  Speaker 6: I think the context. You know, it's one thing, is
• 28:39
  Speaker 6: the company being done for like poor business practice or
• 28:42
  Speaker 6: you know, things that it sounds bad, but I think
• 28:45
  Speaker 6: it's going to very person to person. But there are
• 28:47
  Speaker 6: certain moral ethical things that may sit better or worse
• 28:51
  Speaker 6: with you as an individual. So like, for example, if
• 28:54
  Speaker 6: they've misspaying everyone super like do it? I like morally
• 28:57
  Speaker 6: disagree with that. Obviously they're gonna have to pay it back.
• 28:59
  Speaker 6: Verse is are they, you know, part of some ring
• 29:03
  Speaker 6: of corruption that's doing Yeah, really horrible humanity.
• 29:06
  Speaker 2: That's where my brain's going, right, because I think that
• 29:08
  Speaker 2: there are ethical dilemmas that you can easily avoid, Like Jess,
• 29:11
  Speaker 2: would you like to work for an oil company?
• 29:13
  Speaker 6: Yeah?
• 29:13
  Speaker 2: And you go no, I don't because I don't want
• 29:15
  Speaker 2: to work for that company. But then on the flip side,
• 29:17
  Speaker 2: this sounds like it's something that she didn't know about
• 29:19
  Speaker 2: that has come about and is now in the media.
• 29:22
  Speaker 6: Yes, I agree completely, So you know there's that to
• 29:25
  Speaker 6: take into account. I guess the severity of it and
• 29:27
  Speaker 6: where on your personal scale of morals that problem sits.
• 29:30
  Speaker 6: I think, like the big thing of note for me
• 29:32
  Speaker 6: here is that you said you love your job, it
• 29:35
  Speaker 6: pays you well, you work with great people. That is
• 29:38
  Speaker 6: very very hard to find in.
• 29:40
  Speaker 2: A job, and I still hasn't found it back, still.
• 29:43
  Speaker 6: Searching, just kidding.
• 29:45
  Speaker 4: Almost all those boxes are ticked, but certainly not the
• 29:47
  Speaker 4: people that you work with.
• 29:48
  Speaker 6: Yeah, so if you were to go to another company,
• 29:53
  Speaker 6: there's a very high chance that, okay, you would maybe
• 29:56
  Speaker 6: be more morally aligned with all of their choices or
• 29:58
  Speaker 6: all of their choices to your knowledge, but maybe the
• 30:00
  Speaker 6: pace shit, or maybe the people are awful. Like it's
• 30:03
  Speaker 6: very hard to tick, as you're saying back, like all
• 30:05
  Speaker 6: of those boxes, and I guess it's about weighing up
• 30:08
  Speaker 6: what's important to you. If there's a big ethical issue,
• 30:12
  Speaker 6: I would also argue, especially if it's in the media,
• 30:15
  Speaker 6: change should be about to happen, you know, again, depending
• 30:18
  Speaker 6: on what the problem is. If it's the kind of
• 30:20
  Speaker 6: thing that clients are refusing to work with you, that
• 30:24
  Speaker 6: means that there's like a systemic issue within this company
• 30:26
  Speaker 6: that needs to be addressed and for the company to continue,
• 30:29
  Speaker 6: for them to continue to succeed. Theoretically that needs to
• 30:33
  Speaker 6: be resolved. So hopefully change is on the horizon.
• 30:36
  Speaker 2: And hopefully it's just good pr for that company to go, Hey, Jess,
• 30:41
  Speaker 2: we don't want to work with you right now, Like
• 30:43
  Speaker 2: we just don't want to be dragged into this media storm.
• 30:46
  Speaker 2: We don't want to work with you. And it's not
• 30:48
  Speaker 2: actually personal. I think you're you're hitting the nail on
• 30:51
  Speaker 2: the head. For me, it's actually about what are they
• 30:54
  Speaker 2: planning on doing and how is that effectively being communicated?
• 30:57
  Speaker 2: Because we know that when something hits the media, we
• 30:59
  Speaker 2: work in media, we know that by the time it
• 31:02
  Speaker 2: hits the media, it's such a small part of what's happening.
• 31:06
  Speaker 2: So it might be like this big expose and you
• 31:08
  Speaker 2: get all this information, but like did you know about
• 31:11
  Speaker 2: it before? What was being hidden? Like what are the outcomes?
• 31:15
  Speaker 2: What kind of interventions are happening in your workplace right
• 31:18
  Speaker 2: now to deal with that? Like if there's a media
• 31:21
  Speaker 2: shit storm, and then on the flip side, they're not
• 31:23
  Speaker 2: saying anything internally at all that would make me feel
• 31:25
  Speaker 2: so uncomfortable completely, like address it. Hit the nail on
• 31:28
  Speaker 2: the head, like where are we going? What are we doing?
• 31:31
  Speaker 2: Is it clients not working with you because they don't
• 31:34
  Speaker 2: want to be involved in what's going on currently, Like
• 31:36
  Speaker 2: what's the outcome going to be? Because I'm assuming it's not.
• 31:39
  Speaker 2: Like I use the oil company as an example, I
• 31:41
  Speaker 2: think because I'm an ex financial advisor and that was
• 31:43
  Speaker 2: often something the clients didn't like. But if it's an
• 31:46
  Speaker 2: oil company, like you might not want to work at BHP.
• 31:49
  Speaker 2: Just yeah, But also you might have chosen to work
• 31:52
  Speaker 2: at BHP because they actually have a really good grad program,
• 31:54
  Speaker 2: They've got really good leadership development tools, like you kind
• 31:58
  Speaker 2: of are using that as part of your path way
• 32:00
  Speaker 2: to get into the career that you want to get into.
• 32:03
  Speaker 2: So it's completely up to you how you deal with this.
• 32:07
  Speaker 2: I would really struggle with it, and I know that
• 32:09
  Speaker 2: you know the rest of my team would too. I
• 32:11
  Speaker 2: think we're so ethically minded, like we are very black
• 32:15
  Speaker 2: and white, Like there's not a lot of gray in
• 32:18
  Speaker 2: what's right and wrong in our team. And I don't
• 32:20
  Speaker 2: think that that's a bad thing. I think there's lots
• 32:22
  Speaker 2: of room for gray in every other area. But like
• 32:24
  Speaker 2: when it comes to not doing the right thing by
• 32:26
  Speaker 2: your employees, I think all of us like, Nope, that's
• 32:29
  Speaker 2: not on like there's no like, oh, it's okay if
• 32:32
  Speaker 2: they just didn't notice, And I'm like, no, that's actually unacceptable, Like, yeah,
• 32:36
  Speaker 2: I can't get past that. I think you need to
• 32:38
  Speaker 2: have a think about, well, what's the outcome going to
• 32:40
  Speaker 2: be twelve months from now? And you're right, Jess, like
• 32:43
  Speaker 2: if you adore your job, it's also not your responsibility.
• 32:47
  Speaker 6: So like if you.
• 32:48
  Speaker 2: Weren't playing into this, then I think that that could
• 32:51
  Speaker 2: be a conversation to have with your manager and going, well,
• 32:55
  Speaker 2: I'm actually at an ethical crossroads? What's going on here?
• 32:59
  Speaker 2: Like I don't really want to support this. I can
• 33:01
  Speaker 2: always guarantee everyone else internally it doesn't want to either.
• 33:04
  Speaker 6: Can you be a part of the change too? Again,
• 33:06
  Speaker 6: depending on what it is, Like is it something that
• 33:09
  Speaker 6: you know, if you say you really care about this
• 33:10
  Speaker 6: job and the work that you're doing, Like, is it
• 33:12
  Speaker 6: something that you're okay, great? Like I want to see
• 33:13
  Speaker 6: a change or be the change? Like how do we
• 33:16
  Speaker 6: as a team within this company facilitate a shift towards
• 33:19
  Speaker 6: something that is more by the greater good? Exactly right?
• 33:22
  Speaker 2: I like it. Well, it turns out this is actually
• 33:25
  Speaker 2: more common than we thought it would be. Really forty
• 33:28
  Speaker 2: one percent of the Sheese on the Money community have
• 33:31
  Speaker 2: had an ethical concern about their workplace. Wow, forty one
• 33:35
  Speaker 2: is a lot.
• 33:36
  Speaker 4: I thought of you more, but I mean forty one.
• 33:40
  Speaker 2: It is actually more because nineteen percent of people said
• 33:42
  Speaker 2: yeah kind of, but it was actually only a small thing.
• 33:45
  Speaker 6: Oh, I see, okay, so like sixty seventy did you say, yeah,
• 33:49
  Speaker 6: there you go seventy percent.
• 33:50
  Speaker 4: Wow, that's so high sixty the MATTHI math.
• 33:56
  Speaker 2: And then we asked our community as well. You work
• 34:00
  Speaker 2: for a high paying job, but if the company's value
• 34:02
  Speaker 2: is clashed with yours, would you do it?
• 34:04
  Speaker 6: Jes see, this is a this is such your number.
• 34:06
  Speaker 1: This is.
• 34:08
  Speaker 6: If someone said to me, we'll pay you a million
• 34:10
  Speaker 6: dollars a year, I would I work for v HP
• 34:13
  Speaker 6: now and I would totally just be like great fight
• 34:15
  Speaker 6: the man from the.
• 34:16
  Speaker 2: Inside really well to do it true, Like this isn't
• 34:20
  Speaker 2: on me. I feel like there's a point when your
• 34:24
  Speaker 2: friends ask you be like, Dave, it's not that deep.
• 34:27
  Speaker 4: First of all, it's really risky that we're talking about.
• 34:31
  Speaker 4: Is I want if in case any of our bosses
• 34:33
  Speaker 4: be don't I don't think you have a boss, do you?
• 34:36
  Speaker 2: She's the boss, so we're gonna break it to you
• 34:42
  Speaker 2: now too.
• 34:43
  Speaker 4: Also, you are my boss, so I just want you
• 34:46
  Speaker 4: to know block your ears because me and Jess have
• 34:48
  Speaker 4: a lot of things to say about this. But no,
• 34:50
  Speaker 4: just kidding, I want any of my bosses and Jess's bosses.
• 34:54
  Speaker 4: That's why I'm still here, not be to just know
• 34:58
  Speaker 4: it's not them. But yes, I'm the I will probably
• 35:01
  Speaker 4: I think I would still work for a kind of
• 35:05
  Speaker 4: like a corrupt or, like a company that doesn't really
• 35:08
  Speaker 4: morally align with me, which I know is crazy that.
• 35:10
  Speaker 2: Here first, misspec say, ed will work for a corrupt
• 35:14
  Speaker 2: company if you pay her well.
• 35:16
  Speaker 6: And again it's it's on the scale. It's not like, yeah,
• 35:18
  Speaker 6: we're exploiting children or funding you like no, no, no, no,
• 35:23
  Speaker 6: not here for that.
• 35:23
  Speaker 2: But like if no, no, no, money makes the world
• 35:26
  Speaker 2: go round.
• 35:26
  Speaker 6: There's a little gray area. I know, we just said
• 35:28
  Speaker 6: there's no gray but no, we.
• 35:29
  Speaker 2: Asked our community and forty eight percent of you said no,
• 35:33
  Speaker 2: my values are too important. That's really good. Okay, you said, yeah,
• 35:37
  Speaker 2: the money matters. It does. Yeah, Like, at the end
• 35:40
  Speaker 2: of the day, money is life changing. And I mean
• 35:43
  Speaker 2: we can argue back and forth about how you know,
• 35:46
  Speaker 2: money doesn't buy happiness. It doesn't, but you know what,
• 35:49
  Speaker 2: it makes me pretty comfortable.
• 35:50
  Speaker 6: It buys you some peace of mind, buys you.
• 35:52
  Speaker 2: A peace of mind, It buys you early retirement, It
• 35:54
  Speaker 2: buys you so much stuff, it buys the food on
• 35:57
  Speaker 2: your table.
• 35:58
  Speaker 6: Yeah, Like it's just I think inspective.
• 36:00
  Speaker 2: Comes in here a lot. Like I was reflecting over
• 36:03
  Speaker 2: the weekend, I've been doing a lot of like gratitude practices,
• 36:07
  Speaker 2: and I was reflecting over how grateful this is, probably
• 36:11
  Speaker 2: me getting a little bit more she so apologies. Will
• 36:13
  Speaker 2: get back onto corrupt track in a second. But my
• 36:17
  Speaker 2: husband and I went out for breakfast with my baby
• 36:19
  Speaker 2: on the weekend and we were sitting there and I
• 36:21
  Speaker 2: was having eggs and a coffee and my husband's just
• 36:23
  Speaker 2: playing on his phone, and I was getting a little
• 36:25
  Speaker 2: bit annoyed because like he wasn't giving me the attention
• 36:27
  Speaker 2: that I thought I deserved in that moment, right, And
• 36:29
  Speaker 2: I was like, get off your phone. You're always on
• 36:30
  Speaker 2: your phone, and he was like, bit rich, but okay.
• 36:33
  Speaker 2: And then we get home and I'm thinking, wow, I
• 36:36
  Speaker 2: just take it so for granted that I am able
• 36:39
  Speaker 2: to go out for breakfast. I'm able to purchase a
• 36:41
  Speaker 2: breakfast meal at a restaurant. There are people where that's
• 36:46
  Speaker 2: their one fancy thing that they do in the year. Yeah,
• 36:49
  Speaker 2: Like I need to pull my head in. And I
• 36:51
  Speaker 2: think it's all about perspective because some people who say,
• 36:55
  Speaker 2: oh my gosh, I would never work for a corrupt company,
• 36:58
  Speaker 2: It's like, do you know what, there are a lot
• 37:00
  Speaker 2: of people who would. You can't judge people for the
• 37:03
  Speaker 2: decisions that they're making because you don't know where they're
• 37:05
  Speaker 2: coming from totally.
• 37:06
  Speaker 4: And that's what I was going to say before, is that,
• 37:07
  Speaker 4: like some people literally just don't have a choice, Like
• 37:09
  Speaker 4: we just don't have the option. We just have to
• 37:12
  Speaker 4: do it. And that's where that's kind of a job
• 37:13
  Speaker 4: I'm sitting. I'm not saying that I would actively do it,
• 37:16
  Speaker 4: but some people just don't have a choice.
• 37:18
  Speaker 2: Yeah, but I think that's it. Like, and I mean
• 37:20
  Speaker 2: Jess and I are joking about haha, we'd get a
• 37:22
  Speaker 2: million dollars a year, like you, I can be bought.
• 37:24
  Speaker 2: We can all joke about that, but at the end
• 37:26
  Speaker 2: of the day, there are going to be a lot
• 37:27
  Speaker 2: of people in our community who are like the I
• 37:29
  Speaker 2: hate my job, but I live in a small town.
• 37:30
  Speaker 2: It's the only job I could get. Yeah, totally, Like,
• 37:33
  Speaker 2: I don't want to do it. I don't like my boss.
• 37:35
  Speaker 2: I think he is the worst person in the entire universe,
• 37:37
  Speaker 2: and I need the paycheck. Yeah, respect because that could
• 37:41
  Speaker 2: be hard.
• 37:42
  Speaker 1: Yeah.
• 37:42
  Speaker 2: We did ask the community, as always, we said what's
• 37:44
  Speaker 2: your two cents? What do you reckon? A lot of
• 37:47
  Speaker 2: you said, and I liked this, your job is separate
• 37:49
  Speaker 2: from you. Go in the money and leave your life.
• 37:52
  Speaker 2: Someone else said, I'm actually a criminal defense lawyer.
• 37:56
  Speaker 6: It's hard, perfect example, but go, it's.
• 37:58
  Speaker 2: Just work, and I know right from wrong at the
• 38:01
  Speaker 2: end of the day. That would be so hard being
• 38:03
  Speaker 2: a criminal defense lawyer.
• 38:05
  Speaker 6: I don't think I could do it. Like, that's a
• 38:07
  Speaker 6: line for me that I like. That's something that I
• 38:09
  Speaker 6: would find challenging. But I go, if that is working
• 38:12
  Speaker 6: for somebody else, like, go, queen, someone's.
• 38:14
  Speaker 2: Going, I've got mad to respect for people like that.
• 38:16
  Speaker 2: Imagine walking into a courtroom and being like, so I'm
• 38:19
  Speaker 2: here to actually defend this. I know he said that
• 38:22
  Speaker 2: he did it, but we're just going to try and
• 38:23
  Speaker 2: get him as light a sentence as possible.
• 38:25
  Speaker 4: I don't think I could do it. I don't think
• 38:27
  Speaker 4: I could do it. That's probably too much, because then
• 38:29
  Speaker 4: you have to like, oh, it's a whole thing, anyone.
• 38:30
  Speaker 4: I'm not going to get started. But I don't think
• 38:31
  Speaker 4: I could do that.
• 38:32
  Speaker 2: Exactly if possible, being part of the solution, you can
• 38:35
  Speaker 2: fix the problem from within. Yes, so I didn't realize,
• 38:38
  Speaker 2: you replied. Someone said, in this economy.
• 38:41
  Speaker 6: Sit down, totally totally valid.
• 38:44
  Speaker 2: Someone else said, please tell us more. We need to
• 38:47
  Speaker 2: know about the company. I know, but this is not
• 38:50
  Speaker 2: our place.
• 38:51
  Speaker 6: Sadly, it's a safe, an anonymous space.
• 38:53
  Speaker 2: Someone said, ill pass and it won't matter soon enough,
• 38:56
  Speaker 2: which I think is really nice. And then someone said,
• 38:58
  Speaker 2: if they made a statement about what they're intending to
• 39:01
  Speaker 2: do and change their ways, I'd stay as long as
• 39:04
  Speaker 2: they were making good on that. Yeah, I think that's important.
• 39:07
  Speaker 2: Someone else said, and I think that in this climate.
• 39:11
  Speaker 2: Like Jess and I went through a phase last year
• 39:13
  Speaker 2: when we were like, it's economy. Yeah, we kept saying
• 39:15
  Speaker 2: in this economy. But someone said, in this climate, it's
• 39:17
  Speaker 2: so hard to be able to stick to your values.
• 39:19
  Speaker 2: Pay cuts right now are really tricky, so moving jobs
• 39:22
  Speaker 2: might not be the best decision for you. Someone else said, look,
• 39:26
  Speaker 2: for a job that aligns with your values, but don't
• 39:28
  Speaker 2: leave immediately with nothing to go to, and then someone
• 39:31
  Speaker 2: else is going to leave it here because I could
• 39:32
  Speaker 2: go on and on. Someone else said I resigned on
• 39:35
  Speaker 2: day one of a job once after finding out how
• 39:37
  Speaker 2: badly the owners of the company were neglecting the WHS,
• 39:41
  Speaker 2: which is basically the health and safety standards.
• 39:44
  Speaker 6: I see, I've got a good story. Just please pa.
• 39:48
  Speaker 6: I don't think it's for the air though. This is
• 39:49
  Speaker 6: an off air.
• 39:51
  Speaker 2: Take this up off air because unfortunately we have run
• 39:54
  Speaker 2: out of podcast time. It has been a pleasure as always.
• 39:57
  Speaker 2: I feel like that's a nice place to leave it
• 39:59
  Speaker 2: as well. Beck enjoy the rest of Sydney and Birthday week.
• 40:04
  Speaker 2: I can guarantee that we will have a Peter's ice
• 40:06
  Speaker 2: cream cake few next week because won't be me bringing it.
• 40:09
  Speaker 2: Jess will be bringing it to the table because I
• 40:11
  Speaker 2: know she doesn't want to miss out on it. And
• 40:13
  Speaker 2: for everybody else, have a great weekend. There's a special
• 40:16
  Speaker 2: little episode. It's a bonus coming out tomorrow for you,
• 40:19
  Speaker 2: and we'll also see you write in early on Monday
• 40:22
  Speaker 2: for a money diary, So see as soon, guys.
• 40:24
  Speaker 4: Bye guys, hye.
• 40:31
  Speaker 2: The advice shared on She's on the Money is general
• 40:34
  Speaker 2: in nature and does not consider your individual circumstances. She's
• 40:38
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• 40:41
  Speaker 2: not be relied upon to make an investment or financial decision.
• 40:45
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• 40:47
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