Latest / She's On The Money / MONEY DIARIES: From IVF Debt to Getting Ahead!

Transcript

MONEY DIARIES: From IVF Debt to Getting Ahead! · She's On The Money

• 0:00
  Speaker 1: Hello.
• 0:01
  Speaker 2: My name's Santasha Nabananga Bamblet. I'm a proud your the
• 0:05
  Speaker 2: Order Kerni Whalbury and a waddery woman. And before we
• 0:08
  Speaker 2: get started on She's on the Money podcast, I would
• 0:11
  Speaker 2: like to acknowledge the traditional custodians of the land of
• 0:14
  Speaker 2: which this podcast is recorded on a wondery country, acknowledging
• 0:18
  Speaker 2: the elders, the ancestors and the next generation coming through
• 0:23
  Speaker 2: as this podcast is about connecting, empowering, knowledge sharing and
• 0:27
  Speaker 2: the storytelling of you to make a difference for today
• 0:31
  Speaker 2: and lasting impact for tomorrow.
• 0:33
  Speaker 1: Let's get into it.
• 0:34
  Speaker 3: She's on the Money, She's on the Money.
• 0:57
  Speaker 4: Hello, and welcome to She's on the Money the podcast
• 1:00
  Speaker 4: Millennials who want financial freedom. Welcome back to another shop
• 1:05
  Speaker 4: back Money Diary Monday, where we get to chat to
• 1:07
  Speaker 4: a community member to learn all about them and their
• 1:09
  Speaker 4: finances and all of the fun bits and pieces in between. Victoria, I, Hello,
• 1:14
  Speaker 4: I have a story today that I think is going
• 1:16
  Speaker 4: to tug on the heart strings a little bit. Do
• 1:18
  Speaker 4: you want to hear it?
• 1:18
  Speaker 5: Of course I do. Let's go our diarys.
• 1:21
  Speaker 4: Says my husband and I spent one hundred thousand dollars
• 1:24
  Speaker 4: on IVF and despite that, have managed to purchase a
• 1:27
  Speaker 4: house and trim down our debt and we now have
• 1:30
  Speaker 4: three beautiful kids and an emergency fund. Growing up, my
• 1:34
  Speaker 4: parents never spoke about money, so I thought everyone struggled.
• 1:37
  Speaker 4: My husband's money story is very different. We have monthly
• 1:40
  Speaker 4: meetings where we talk about the nitty gritty of our finances.
• 1:43
  Speaker 4: It is not a date night, but an actual meeting,
• 1:45
  Speaker 4: and this communication is super important.
• 1:48
  Speaker 5: Oh my gosh. Yes, I am somewhat.
• 1:49
  Speaker 4: New to the podcast, finding it when I was looking
• 1:51
  Speaker 4: to get ahead of my debt due to IVF and
• 1:54
  Speaker 4: have spent three months bringing the show. It shook me
• 1:56
  Speaker 4: how inspiring the pot is and it has changed my life.
• 1:59
  Speaker 5: Oh my god, what a queen.
• 2:00
  Speaker 1: I lovely.
• 2:01
  Speaker 5: I'm not gonna lie money diarist. I did enjoy that.
• 2:04
  Speaker 5: It is not a date night, subtle dig like, okay,
• 2:07
  Speaker 5: I see you.
• 2:08
  Speaker 1: It is one hundred percent not a date night. We
• 2:11
  Speaker 1: have date nights, but there's no spreadsheets on date nights.
• 2:14
  Speaker 5: No, I get that. Oh my gosh, I cannot wait
• 2:17
  Speaker 5: to hear more about your money diary. Are you ready
• 2:20
  Speaker 5: to just kick it off?
• 2:21
  Speaker 1: Sure?
• 2:21
  Speaker 5: I am all right. Let's go first question as always,
• 2:25
  Speaker 5: I want to know more about your money story. Please elaborate.
• 2:29
  Speaker 1: So when we were growing up up, it was never
• 2:32
  Speaker 1: spoken about. It was never argued about, like it just
• 2:35
  Speaker 1: it never came up. And it was the oddest thing.
• 2:37
  Speaker 1: When I met my husband then who or even other
• 2:40
  Speaker 1: people in that you know, mid twenties sort of realm
• 2:42
  Speaker 1: where people sort of started being quite open about money.
• 2:45
  Speaker 1: I was like, Oh, is this is this something we're
• 2:47
  Speaker 1: allowed to talk about?
• 2:49
  Speaker 5: Hmm.
• 2:49
  Speaker 1: Not because it wasn't hidden or anything like that. It
• 2:52
  Speaker 1: was just sort of not spoken. And I remember just
• 2:57
  Speaker 1: a couple of years ago, I was talking to my
• 2:59
  Speaker 1: mum and she said, oh, you know, your sister, she's
• 3:00
  Speaker 1: just like your dad was with money. I was like,
• 3:02
  Speaker 1: what was that? That means nothing. That is not a
• 3:06
  Speaker 1: good reference point. And so I suppose maybe we were
• 3:10
  Speaker 1: shielled a little bit from it. But as we got older,
• 3:12
  Speaker 1: we were sort of told, oh, you know, mum looked
• 3:14
  Speaker 1: after the money because you know, Dad wasn't bad with money,
• 3:17
  Speaker 1: He just had no concept of like budgeting or tracking money.
• 3:22
  Speaker 1: So I didn't know that until I was in my thirties.
• 3:29
  Speaker 1: My husband, however, is a very different money story. They're
• 3:32
  Speaker 1: very open with money. They talk about it all the time.
• 3:35
  Speaker 1: They talk about budget and finance as though you'd talk
• 3:38
  Speaker 1: about probably anything else. So when I met him and
• 3:41
  Speaker 1: we started talking about it openly, I did, to be fair,
• 3:44
  Speaker 1: I did sort of lean in. Initially. There was a
• 3:48
  Speaker 1: lot of oh, well, we don't really talk about that.
• 3:51
  Speaker 1: But I remember there's this one pivotal moment we wanted
• 3:54
  Speaker 1: to go on a date. We just started dating, maybe
• 3:57
  Speaker 1: six months prior, and I was like, oh, I don't
• 4:00
  Speaker 1: really have that in my budget, and he's like, oh,
• 4:03
  Speaker 1: well that's okay, we can do something at home. And
• 4:05
  Speaker 1: for me, that was like this pivotal moment of oh, yeah,
• 4:09
  Speaker 1: we can talk very openly about this and resolve issues.
• 4:12
  Speaker 1: We don't need to go into debt trying to achieve
• 4:17
  Speaker 1: something we might not have allocated for. If that makes sense. Yeah.
• 4:22
  Speaker 5: Interesting. I feel like it's so pervy when we get
• 4:25
  Speaker 5: to ask, like, tell us about your money story, and
• 4:27
  Speaker 5: it just like dives into well, my sister and then
• 4:29
  Speaker 5: my mum and then this and my dad wasn't good
• 4:31
  Speaker 5: at money, and you're just like all of this stuff
• 4:33
  Speaker 5: is so juicy. But it's interesting because you said I
• 4:36
  Speaker 5: didn't learn about it until I was in my thirties.
• 4:39
  Speaker 5: Why is that you just didn't ask money questions at
• 4:41
  Speaker 5: the dinner table or like, how does this happen?
• 4:44
  Speaker 1: No, so I have no idea. When you look back,
• 4:46
  Speaker 1: it seems so dumb, like something definitely should have picked
• 4:48
  Speaker 1: up on. But hindsight's twenty twenty. But it's very much so.
• 4:54
  Speaker 1: I mean I didn't even have Okay, don't judge. I
• 4:56
  Speaker 1: mean you probably won't. I didn't have a credit card
• 4:58
  Speaker 1: until I met my husband and we joined a bank together.
• 5:03
  Speaker 1: Like it was never spoken about, but we weren't taught
• 5:06
  Speaker 1: anything like bad. We just saved, spent budget, that sort
• 5:11
  Speaker 1: of ongoing system. We just never openly discussed investments or
• 5:16
  Speaker 1: you know, there was always talk about like savings. You oh,
• 5:18
  Speaker 1: you should save you know, ten percent or half of
• 5:20
  Speaker 1: your page, well you know when you work at kmart
• 5:22
  Speaker 1: when you're fourteen, of course, But other than that, it
• 5:26
  Speaker 1: just didn't come up. And I mean, in all honesty,
• 5:31
  Speaker 1: not that I'm trying to like suck up or anything,
• 5:33
  Speaker 1: but when I heard your podcast, I started listening. My
• 5:38
  Speaker 1: little sister is significantly younger than me. I sent it
• 5:42
  Speaker 1: to her and I bought her the book, and I
• 5:44
  Speaker 1: was like, you have to pay attention to everything here
• 5:46
  Speaker 1: because you've got about ten years head start to the
• 5:48
  Speaker 1: rest of us.
• 5:48
  Speaker 5: Oh my gosh, that's so special though.
• 5:51
  Speaker 1: Yeah, so it's for me. It's I would tell everybody, Oh,
• 5:55
  Speaker 1: you've got to listen to this, you've got to read this,
• 5:57
  Speaker 1: You've got to understand it. I you know, not everybody
• 5:59
  Speaker 1: would agree with everything. Of course, it's life. Lower your expectations,
• 6:03
  Speaker 1: but it's really important to sort of have access to
• 6:07
  Speaker 1: the information. I suppose, and I just it never would
• 6:10
  Speaker 1: have occurred to me to source this out. I literally,
• 6:13
  Speaker 1: honestly I found you guys on a recommended article on BuzzFeed.
• 6:17
  Speaker 5: Oh, we've made it to busfeed.
• 6:20
  Speaker 4: I want to queize which she's on the Money host
• 6:22
  Speaker 4: to you?
• 6:22
  Speaker 5: Oh my gosh. Yes, do we get our own BuzzFeed quiz?
• 6:25
  Speaker 1: Now that would be great.
• 6:27
  Speaker 5: Who are you? Which which she's on the Money host?
• 6:29
  Speaker 1: Are you? I think I'm a hybrid.
• 6:32
  Speaker 5: I like that. I like that's kind of.
• 6:34
  Speaker 1: Organized, but I also manifest everything in my life so huge.
• 6:38
  Speaker 5: So what do you mean you like to be organized?
• 6:40
  Speaker 5: That's oky You don't know anything about me. I am
• 6:43
  Speaker 5: the most disorganized human in the entire world. Clearly you
• 6:45
  Speaker 5: are one hundred percent of Jessica RICKI here is a
• 6:48
  Speaker 5: gold medal. I love it, though, because talking about this stuff,
• 6:53
  Speaker 5: you're right, you just don't know what you don't know,
• 6:55
  Speaker 5: and it's not through you know, lack of your parents trying.
• 6:58
  Speaker 5: They quite clearly tried to teach you to say and
• 7:00
  Speaker 5: budget and all of that's really important, but they just
• 7:02
  Speaker 5: didn't have that financial literacy. And I guess that's why
• 7:05
  Speaker 5: I am so insanely passionate about sharing it, because I'm like,
• 7:09
  Speaker 5: you don't know of because no one taught you. We
• 7:10
  Speaker 5: didn't learn this at school. You learn algebra and trigonometry
• 7:14
  Speaker 5: and talked about geography, but we never talked about what
• 7:17
  Speaker 5: it means to invest in an ETF. And arguably I
• 7:20
  Speaker 5: could have changed your life with that. But you know,
• 7:22
  Speaker 5: as much as it's important to know where China is
• 7:24
  Speaker 5: on a map, that's not actually going to have a
• 7:27
  Speaker 5: positive impact on your life in this immediate future. Like,
• 7:30
  Speaker 5: there's nothing better than financial literacy for setting people up
• 7:34
  Speaker 5: for a successful future, and it just it makes me
• 7:37
  Speaker 5: so mad that it's not included. And your story is
• 7:40
  Speaker 5: an absolute testament to your parents doing the best that
• 7:44
  Speaker 5: they possibly could at the same time as just not
• 7:47
  Speaker 5: knowing what they don't know, like how would you know?
• 7:48
  Speaker 1: And why would you ask? Like if you don't know,
• 7:51
  Speaker 1: it'd be like, you know, trying to remember somebody you
• 7:53
  Speaker 1: had never met. If you don't know, why on earth
• 7:56
  Speaker 1: would you ask? Which is why I'm that with system now,
• 7:59
  Speaker 1: harping on a heye gus is really important, Like I
• 8:01
  Speaker 1: really think you should get on it. And every time
• 8:03
  Speaker 1: I speak to people at work, they're like, oh, because
• 8:06
  Speaker 1: I interact with a lot of different shifts, especially when
• 8:08
  Speaker 1: I work nights, And I was like, hey, man, are
• 8:10
  Speaker 1: you contributing more to souper because now's your peak time
• 8:13
  Speaker 1: to do.
• 8:13
  Speaker 5: So I love FUS.
• 8:14
  Speaker 1: Here's the sheet that HR give you on how to
• 8:16
  Speaker 1: do it so I could be that weird friend.
• 8:19
  Speaker 5: No, no, no, it's not weird. It's empowering and it's
• 8:22
  Speaker 5: inspired and I adore it. Fun friend, No, honestly, you
• 8:25
  Speaker 5: are the fun friend. Like I would ten out of
• 8:27
  Speaker 5: ten have you at my party, And like that's the
• 8:30
  Speaker 5: power of the community, right, It's not just about you know,
• 8:33
  Speaker 5: us having a podcast, it's now you filtering that down
• 8:36
  Speaker 5: to other people to have an impact that's far greater
• 8:40
  Speaker 5: than just the pod and it makes me so happy.
• 8:42
  Speaker 5: But we're going so far off track, so let's get
• 8:45
  Speaker 5: back on track. Quick questions money, Doris, I want to
• 8:49
  Speaker 5: know what do you do for work? How much money
• 8:51
  Speaker 5: do you earn?
• 8:52
  Speaker 1: So? I work for a not for profit and a
• 8:55
  Speaker 1: capital city that basically looks after the families of sick kids.
• 8:58
  Speaker 1: So I really only year with families in their worst
• 9:03
  Speaker 1: or most difficult moments I earn. So it fluctuates a
• 9:07
  Speaker 1: little bit because I do do a little bit of
• 9:08
  Speaker 1: shift work and I work nights. But for that I
• 9:11
  Speaker 1: think it averages out so about fifty two plus super
• 9:15
  Speaker 1: per year that I make. And yeah, so I work
• 9:20
  Speaker 1: part time to be fair, so I make fifty two
• 9:22
  Speaker 1: a part time I work three or four nights per week.
• 9:25
  Speaker 5: Wow, I feel like I want to say that's such
• 9:28
  Speaker 5: a special job, but I mean it in a that
• 9:30
  Speaker 5: is such an impactful job to have exposure to people
• 9:33
  Speaker 5: in arguably their most vulnerable states and be I guess
• 9:37
  Speaker 5: allowed to support them through that. But it also is
• 9:40
  Speaker 5: so special that you're willing to put yourself in a
• 9:43
  Speaker 5: position where your emotions and your mental health would arguably
• 9:48
  Speaker 5: be challenged on a daily basis, like that can't be easy.
• 9:51
  Speaker 5: It's not like going to work, sitting down at your
• 9:52
  Speaker 5: desk and huh, five o'clock, let's go home. It's like
• 9:56
  Speaker 5: you would carry a lot of weight with that role.
• 9:59
  Speaker 5: And that that's what I mean by special. I mean
• 10:02
  Speaker 5: you are special, not the job is.
• 10:04
  Speaker 1: I mean they're both special because I mean being able
• 10:08
  Speaker 1: to assist people and not have them go through it
• 10:11
  Speaker 1: by themselves. That in itself is a lot And there's
• 10:15
  Speaker 1: a lot of my job that's mostly sort of the
• 10:17
  Speaker 1: man behind the curtain. Yeah, so there's a fair bit
• 10:20
  Speaker 1: of okay. People have arrived from you know, a really
• 10:23
  Speaker 1: really rural place with nothing, you know, toothbrushes, nappies. What
• 10:28
  Speaker 1: do they need? Food? Not like stuff they can actually eat,
• 10:32
  Speaker 1: not food to make food, actual food, so everything. You know,
• 10:39
  Speaker 1: when you get somewhere and it's like getting to a
• 10:41
  Speaker 1: hotel in the city, you don't know, with nothing else,
• 10:44
  Speaker 1: like nothing, And if I can help in a like
• 10:49
  Speaker 1: I said that man behind the curtains sort of way,
• 10:51
  Speaker 1: I was like, I can get you this, I can
• 10:53
  Speaker 1: get you this, I can get you this. What do
• 10:54
  Speaker 1: you need? Nobody stays with us for fun. They're there
• 10:57
  Speaker 1: because they have to be so what can we do
• 11:00
  Speaker 1: to relieve a little bit of that pressure so they
• 11:02
  Speaker 1: can focus on what they need to Yeah, and you
• 11:06
  Speaker 1: know that's a really I think important sort of element.
• 11:10
  Speaker 1: But by contrast, I see, you know, a little bit
• 11:13
  Speaker 1: of tragedy every so often. We see a lot of
• 11:16
  Speaker 1: sad things. We see some DV. We have a great
• 11:20
  Speaker 1: interaction with our police and fire and ambulance officers for
• 11:26
  Speaker 1: a variety of reasons. You know, staff members hurt themselves
• 11:29
  Speaker 1: and all the time, and like break a foot and
• 11:32
  Speaker 1: so you have to call an ambulance and it's just
• 11:34
  Speaker 1: a relief that it's not for a guest. So there's
• 11:36
  Speaker 1: this huge spectrum of what we see. But I am
• 11:40
  Speaker 1: pretty open and honest about the importance of mental health.
• 11:43
  Speaker 1: I have a psychologist. I do the legwork. We try
• 11:47
  Speaker 1: to avoid compassion fatigue, which is a really big concern.
• 11:51
  Speaker 1: But you know, we do a lot of the work
• 11:53
  Speaker 1: to do so we've got a great program at work
• 11:55
  Speaker 1: as well. I don't use them. I have a psychologist,
• 11:57
  Speaker 1: I like, I've been seeing her since IVF, So I'm
• 11:59
  Speaker 1: quite attacked, understandably, So, yeah, and not interested in explaining
• 12:04
  Speaker 1: the whole thing again to a new person. So when
• 12:07
  Speaker 1: you take on roles of that nature and what you see,
• 12:12
  Speaker 1: you have to either be a little bit detached or
• 12:16
  Speaker 1: be able to separate everything.
• 12:19
  Speaker 5: Yeah, that sounds really tough. I want to ask you
• 12:22
  Speaker 5: more about that after the break. I'm going to continue
• 12:25
  Speaker 5: on so that we don't get too far off track,
• 12:28
  Speaker 5: but I want to know what is your big money
• 12:30
  Speaker 5: goal currently, what are you currently working towards. It sounds
• 12:33
  Speaker 5: like you've achieved a lot thus far.
• 12:35
  Speaker 1: Honestly, I feel like we have. And when we sort of,
• 12:39
  Speaker 1: you know, got invited to do a money though, it's
• 12:42
  Speaker 1: extremely excited. We had just had one of our meetings,
• 12:47
  Speaker 1: not dates, and you know, so over the next ten years,
• 12:51
  Speaker 1: we would like to work as a family towards sort
• 12:54
  Speaker 1: of a green home I suppose, not like a completely
• 12:58
  Speaker 1: solar powered, grow your own vegel stable sort of home,
• 13:00
  Speaker 1: but you know, we'd like we have solar, we'd like
• 13:03
  Speaker 1: to do more in the electric vehicle space, you know,
• 13:06
  Speaker 1: and those are expensive at the moment, so over time,
• 13:08
  Speaker 1: you know, over the next ten years, that's what we
• 13:10
  Speaker 1: would like to be able to achieve. We do have
• 13:13
  Speaker 1: a house. We may or may not look at moving
• 13:16
  Speaker 1: in some stage in the next twenty years, but our
• 13:18
  Speaker 1: children are small, so we're settled for the moment on that.
• 13:23
  Speaker 1: So you know, we've done the big things that we
• 13:26
  Speaker 1: wanted to do.
• 13:27
  Speaker 5: Good good love to hear it though, because I like
• 13:30
  Speaker 5: that you're like, actually, we have achieved a lot, because
• 13:33
  Speaker 5: sometimes you talk to people who just don't see their
• 13:36
  Speaker 5: achievements as achievements or enough. They just go, oh my god, yeah,
• 13:40
  Speaker 5: like I'm really working towards this and don't reflect on
• 13:43
  Speaker 5: I guess how far they've come. Next question, I want
• 13:47
  Speaker 5: to know do you currently have any investments. If so,
• 13:49
  Speaker 5: what are they.
• 13:50
  Speaker 1: So we have little investments, so we use Chase Ease
• 13:54
  Speaker 1: and I did use Raise, but the fees, I think
• 13:57
  Speaker 1: we're just becoming less and less healing. So we use
• 14:01
  Speaker 1: Chasse and we use Spaceship Love for micro investing.
• 14:06
  Speaker 5: We're twins. See we told you you are, Jessica Ricky
• 14:10
  Speaker 5: everyone through.
• 14:11
  Speaker 1: And at the moment we're saving two So our plane
• 14:15
  Speaker 1: at the moment, because we've only sort of turned this
• 14:17
  Speaker 1: ship around in the last you know, six to twelve months,
• 14:21
  Speaker 1: is to do some proper investing. Once we hit a
• 14:25
  Speaker 1: two grand mark, we'd like to investigate a little bit further.
• 14:28
  Speaker 1: But for the moment, We're happy with the micro investing
• 14:31
  Speaker 1: until we save some more.
• 14:32
  Speaker 5: Yeah, love, How good is that? All right? I want
• 14:35
  Speaker 5: to know next, do you currently have any debts? If so,
• 14:38
  Speaker 5: what are they?
• 14:39
  Speaker 1: Yes, so I have a hex step. Along with most
• 14:42
  Speaker 1: of the population, we do have a bill credit card
• 14:47
  Speaker 1: that we use. So our bills every month are a
• 14:50
  Speaker 1: little over five grand and our credit card is a
• 14:56
  Speaker 1: little over five grand. That's right, that's the balance MATCHI match.
• 15:00
  Speaker 1: The actual physical card gets brought out twice a month,
• 15:03
  Speaker 1: once on Payday to fill up the cars, and then
• 15:06
  Speaker 1: two weeks later to fill up the cars, and that's it.
• 15:10
  Speaker 1: It's not used for shopping or spending or groceries or
• 15:13
  Speaker 1: anything like that. It's specific to the bills that we have.
• 15:16
  Speaker 1: It gets paid off in full every month, and that's
• 15:20
  Speaker 1: sort of the only reason that we have it. I
• 15:22
  Speaker 1: think initially when we got the card, it was simply
• 15:24
  Speaker 1: because a couple of the insurances that I have that
• 15:28
  Speaker 1: aren't through super have to go on a credit card. Really, yes,
• 15:33
  Speaker 1: ten years ago.
• 15:34
  Speaker 5: So okay, I was like, since when I know?
• 15:37
  Speaker 1: I know, So initially we had that set up so
• 15:41
  Speaker 1: that we could use it in that way. So we're
• 15:45
  Speaker 1: looking at transitioning probably over the next five years to
• 15:48
  Speaker 1: not using that. But at the moment, we shop with Wolworth's,
• 15:52
  Speaker 1: we do the bank. For Christmas, we use the credit card.
• 15:54
  Speaker 1: It's paid off in full every month, it's never gone over.
• 15:57
  Speaker 1: It literally doesn't have the allowance for it because it's
• 16:00
  Speaker 1: on a budget like everything else. And at the end
• 16:03
  Speaker 1: of the year we convert those into grocery vouchers and
• 16:07
  Speaker 1: we don't pay for groceries in the month of December.
• 16:09
  Speaker 5: See, that's a really smart way of using a credit card.
• 16:12
  Speaker 5: If you have proven obviously have to be really responsible
• 16:16
  Speaker 5: with it and you're reaping the benefits, why would you
• 16:19
  Speaker 5: try and get rid of it? Like why would you
• 16:21
  Speaker 5: try and rework that wheel? I get lots of people
• 16:23
  Speaker 5: and cheese on the money. You're like, credit cards are
• 16:25
  Speaker 5: the devil's plastic. I get it because also I feel
• 16:28
  Speaker 5: that way, mainly because of how detrimental it can be
• 16:33
  Speaker 5: for our community to use them. But girlfriend, if you're
• 16:36
  Speaker 5: using them efficiently and you're in a better financial position
• 16:39
  Speaker 5: because of it, like why are we're stopping Well.
• 16:41
  Speaker 1: We whittled that down. So when we first got together,
• 16:44
  Speaker 1: like I said, I didn't have a credit card, and
• 16:47
  Speaker 1: my husband's had like fifteen grand was the limit, and
• 16:50
  Speaker 1: over time we've whittled that down to the point where
• 16:53
  Speaker 1: in the last after we had our last baby, I
• 16:56
  Speaker 1: was like, these are our bills every month. We can
• 16:59
  Speaker 1: have a two hundred dollars on top of that for
• 17:02
  Speaker 1: incidentals or a doctor's appointment or anything like that. That's it.
• 17:05
  Speaker 1: That's what the limit on it is. It's what our
• 17:08
  Speaker 1: bills are, so we can't go over it even if
• 17:12
  Speaker 1: we want it to. It's not like it's ten thousand
• 17:14
  Speaker 1: dollars and we're spending five grand over our budget every month.
• 17:18
  Speaker 1: It's not an option. Yeah, we can't get it if
• 17:20
  Speaker 1: we don't pay some of it off. That's how all
• 17:22
  Speaker 1: of credit works.
• 17:25
  Speaker 5: It's interesting to learn more about how other people use
• 17:27
  Speaker 5: debt to their advantage, though, because, as I've said before, Jess,
• 17:31
  Speaker 5: we recently recorded an episode on credit cards and how
• 17:34
  Speaker 5: they aren't necessarily the worst thing in the world, but
• 17:37
  Speaker 5: we actually need to make sure that we're using them efficiently.
• 17:39
  Speaker 5: I don't advocate anyone who doesn't have one to get
• 17:41
  Speaker 5: one if they just want to try it out, but like,
• 17:43
  Speaker 5: if you're already using it, I just don't see why
• 17:46
  Speaker 5: we would rework the wheel if that wheel's working for you.
• 17:48
  Speaker 5: I mean, no grocery fees all of December? Are you kidding?
• 17:52
  Speaker 1: All of December unless we host Christmas? Oh?
• 17:55
  Speaker 5: Oh yeah, in which case that is epic, Like that's crazy,
• 17:58
  Speaker 5: that's its own problem.
• 18:00
  Speaker 1: But yes, So between the credit card points, we usually
• 18:03
  Speaker 1: end up with, you know, about six hundred. Because we
• 18:06
  Speaker 1: have a lot of bills, we usually end up with
• 18:08
  Speaker 1: about six hundred dollars. Our bank for Christmas is usually
• 18:12
  Speaker 1: two or three.
• 18:13
  Speaker 5: That's so good. I'm so impressed.
• 18:15
  Speaker 1: And they're good groceries too, so sometimes we get the
• 18:17
  Speaker 1: fancy ice cream.
• 18:19
  Speaker 5: Oh girlfriend, I'm asking you more about that after the break,
• 18:22
  Speaker 5: So let's come back to that. I want to own next.
• 18:25
  Speaker 5: You clearly are a good shopper when it comes to
• 18:27
  Speaker 5: getting a bargain. Do you use shop back?
• 18:30
  Speaker 1: I have it, but I do use it on occasion.
• 18:32
  Speaker 1: I just don't do enough online shopping.
• 18:34
  Speaker 5: That's not a thing.
• 18:34
  Speaker 1: I still use it at every chance.
• 18:36
  Speaker 5: What do you mean I don't do enough online shopping?
• 18:38
  Speaker 5: Did you just say in a very weird roundabout way, Victoria,
• 18:41
  Speaker 5: I'm at controlling my online shopping than you are, because
• 18:44
  Speaker 5: that's what it felt like.
• 18:46
  Speaker 1: Well, I have an addictive personality. I know full well
• 18:48
  Speaker 1: I could not control my online shopping, which is why
• 18:51
  Speaker 1: we have the limit on the credit card.
• 18:52
  Speaker 5: Y'sa fair Know your limits.
• 18:55
  Speaker 1: Yes exactly. I'm you know, thirty three. I'm hyper aware
• 18:59
  Speaker 1: of what my limits are. I don't pay attention to
• 19:01
  Speaker 1: them all the time, but I do know what they are.
• 19:03
  Speaker 5: Love, love, all right, Next question, my love, what is
• 19:07
  Speaker 5: your best money habit?
• 19:09
  Speaker 1: So I actually I sat down and I asked my
• 19:13
  Speaker 1: husband about this, because I said, what do you think
• 19:15
  Speaker 1: our best money habit is like as a collective because
• 19:18
  Speaker 1: we do work very much so as a team. And
• 19:21
  Speaker 1: he said that he thinks we've got two, which I
• 19:24
  Speaker 1: agree with. To be fair, I think one's better than
• 19:26
  Speaker 1: the other. We communicate extremely honestly about money and finance,
• 19:33
  Speaker 1: so communication is our top priority across the board as
• 19:37
  Speaker 1: far as money habits go. So he's definitely come home
• 19:41
  Speaker 1: before and said, oh, I've got a UFC. Definitely going
• 19:44
  Speaker 1: to that. It's going to cost this. I've come home
• 19:46
  Speaker 1: and been like, maybe I spent an extra fifteen dollars
• 19:48
  Speaker 1: on a scar at chemist warehouse. It happens, but nothing's
• 19:52
  Speaker 1: hidden there's no secrets. That's something we're extremely open about.
• 19:58
  Speaker 1: But I believe that our best more my best money
• 20:00
  Speaker 1: habit is I don't pay for a price for anything.
• 20:02
  Speaker 5: We love to hear it.
• 20:03
  Speaker 1: How how we thrift everything, so if we can't buy
• 20:09
  Speaker 1: it or fix it or make it, then we find it.
• 20:15
  Speaker 1: So we work very hard. So last year we did
• 20:19
  Speaker 1: nothing new until twenty twenty two, so I left for
• 20:23
  Speaker 1: underwear and shoes, we did nothing new, so even the
• 20:28
  Speaker 1: things for the children. I mean that again, underwear shoes
• 20:33
  Speaker 1: very different. You know, shoes mold to the feet of
• 20:35
  Speaker 1: the wearer, so please don't buy vintaged shoes. It's gross.
• 20:39
  Speaker 1: Then it worked so well. We continued that on this year.
• 20:42
  Speaker 1: So we don't buy new anything. We try to find it.
• 20:47
  Speaker 1: We try to manifest it on Facebook, Marketplace, love yay.
• 20:53
  Speaker 1: You know, we just did agenda reveal for a friend
• 20:56
  Speaker 1: that's pregnant and everything we did. You open the wardrobe
• 21:00
  Speaker 1: and then it's full.
• 21:01
  Speaker 5: Of I've seen this on TikTok.
• 21:04
  Speaker 1: Yes, so we did one of those. Everything was thrifted.
• 21:07
  Speaker 1: Oh my gosh. It was always visible. Good, environmentally friendly,
• 21:11
  Speaker 1: I mean we still use disposable map. It's not savages.
• 21:13
  Speaker 5: We're not savages.
• 21:15
  Speaker 1: Let's be realistic about the time effort that would put
• 21:17
  Speaker 1: into that that gets to take something else.
• 21:19
  Speaker 5: Different horses for different courses. It's what's working for you.
• 21:22
  Speaker 5: And I think that it's cool that you have clarity
• 21:25
  Speaker 5: on what you do and don't want.
• 21:28
  Speaker 1: Yes, so that I think that level of trying to
• 21:31
  Speaker 1: find stuff is probably our best money habit. And I
• 21:34
  Speaker 1: do on my birthday coffee you do not want to
• 21:37
  Speaker 1: be a person around me on my birthday. Free burst,
• 21:40
  Speaker 1: free coffee club, free everything I go. I hit every mark.
• 21:44
  Speaker 5: I love that. I feel like that's genius's money saving
• 21:47
  Speaker 5: Queen Jessica. Let's learn where she's maybe not a money
• 21:51
  Speaker 5: saving queen though, money Darrist, what is your worst money habit?
• 21:55
  Speaker 1: If we are lazy or tired, that's it. So I
• 22:00
  Speaker 1: don't have really the option of finding something uber eats
• 22:05
  Speaker 1: wise at work at three in the morning if we
• 22:09
  Speaker 1: don't like something. But if I get home on a
• 22:12
  Speaker 1: day that I'm not working and I was like, oh,
• 22:14
  Speaker 1: I put this on the menu plan, so this is
• 22:15
  Speaker 1: what we're having for dinner. And if the rest of
• 22:18
  Speaker 1: the family is like yeah, we're so excited, I'm like, oh,
• 22:21
  Speaker 1: forget it, GYG, take away whatever. So if we're lazy
• 22:25
  Speaker 1: or tired, then we just get a little bit complacent.
• 22:29
  Speaker 5: I feel like that's relatable.
• 22:31
  Speaker 4: Though.
• 22:32
  Speaker 5: I sometimes go home and I'm like, oh, I know
• 22:34
  Speaker 5: I've planned this meal, but I really I just want
• 22:37
  Speaker 5: to sit on the couch and be a zombie and
• 22:39
  Speaker 5: have a man bring a pizza box to my front door.
• 22:42
  Speaker 5: I totally get it.
• 22:43
  Speaker 1: Because healthy me did the menu plan, yeah, but tired
• 22:47
  Speaker 1: me is in the situation now.
• 22:49
  Speaker 5: Oh I'm so inspired when I sit down on a
• 22:51
  Speaker 5: Sunday and be like, all right, Stephen, what are we
• 22:53
  Speaker 5: cooking this week? We're really healthy past me very healthy
• 22:57
  Speaker 5: currently not always making the best, so I totally get it,
• 23:01
  Speaker 5: all right. Last question before we go to a quick break,
• 23:04
  Speaker 5: I wouldn't know what grade would you give your money
• 23:06
  Speaker 5: habits if we asked you to give yourself a grade.
• 23:09
  Speaker 1: I've been thinking about this one a lot, so I
• 23:11
  Speaker 1: think overall I would say a C because I think
• 23:15
  Speaker 1: there's always you know, there's a lot we want to do,
• 23:17
  Speaker 1: and I always room for improvement. But if you look
• 23:21
  Speaker 1: at us at the beginning of the year and us
• 23:24
  Speaker 1: now ten months later, I would say a B plus
• 23:29
  Speaker 1: so in the short term, little pocket, I would say,
• 23:31
  Speaker 1: we've come a long way. But overall I think C
• 23:35
  Speaker 1: even C plus why not treat yourself? Treat yourself?
• 23:39
  Speaker 5: But also I feel like you've come a long way
• 23:41
  Speaker 5: and you're on the trajectory to being an a relatively
• 23:45
  Speaker 5: quickly given the habits you've established. I just think it's
• 23:48
  Speaker 5: amazing to watch it, and I cannot wait for a
• 23:50
  Speaker 5: check in insane us.
• 23:54
  Speaker 1: I mean, oh no, no, I know that we did
• 23:56
  Speaker 1: the work, but the has come from somewhere.
• 23:59
  Speaker 5: Yeah, I appreciate that. On that, let's go to a
• 24:02
  Speaker 5: quick break because I want to know more about where
• 24:04
  Speaker 5: you got your information. Straight after this break.
• 24:11
  Speaker 4: All right, welcome back, everybody, Money diarist. I want to
• 24:14
  Speaker 4: talk to you a little bit more about your IVF
• 24:17
  Speaker 4: journey because I think that that's something that is a
• 24:19
  Speaker 4: little bit shrouded in secrecy. It's something that often can
• 24:23
  Speaker 4: come with difficult feelings or difficult memories for people, so
• 24:26
  Speaker 4: it can be harder to talk about. But it's obviously
• 24:30
  Speaker 4: something that worked really.
• 24:31
  Speaker 5: Well for you guys.
• 24:31
  Speaker 4: You have three beautiful kids now, which is very exciting.
• 24:34
  Speaker 4: One hundred thousand dollars is an incomprehensible amount of money.
• 24:38
  Speaker 1: That's insane, a lot of money.
• 24:40
  Speaker 4: And I know that a lot of people who do
• 24:42
  Speaker 4: go through the process. Something that I hear time and
• 24:44
  Speaker 4: again is that it is really costly in addition to
• 24:47
  Speaker 4: the emotional drains and all of those other impacts that
• 24:51
  Speaker 4: it can have on your life. Can you talk me
• 24:53
  Speaker 4: through a little bit around how long you did it for?
• 24:55
  Speaker 4: And you know where that hundred thousand dollars kind of went?
• 24:59
  Speaker 1: Sure? So, so, in fairness, we knew straight off the
• 25:03
  Speaker 1: bat we would need IVF. My husband had the king
• 25:07
  Speaker 1: in here was twenty one. He's fine now, but obviously
• 25:10
  Speaker 1: before they started treatment, my mother in law as a nurse.
• 25:14
  Speaker 1: Thank god for.
• 25:14
  Speaker 5: Mother in laws. They're the best we gain.
• 25:18
  Speaker 1: Everyone's a win. I've got a good one.
• 25:20
  Speaker 5: I do too, don't worry. I feel like I've seen
• 25:22
  Speaker 5: the jackpot.
• 25:23
  Speaker 1: Oh so it's amazing. Everyone needs one. And so basically
• 25:27
  Speaker 1: he froze some sperm before he started treatment.
• 25:31
  Speaker 5: That's so good. No, but the foresight to have that
• 25:34
  Speaker 5: at twenty one is definitely not what a twenty one
• 25:37
  Speaker 5: year old mangle he is thinking about. I mean, I've
• 25:39
  Speaker 5: never been one. I've never been a twenty one year
• 25:41
  Speaker 5: old male. But having known a few in my lifetime,
• 25:44
  Speaker 5: that's not what they're thinking about one.
• 25:47
  Speaker 1: So we knew straight off that we would need IVF,
• 25:50
  Speaker 1: so shortly when after we got married, when we were
• 25:53
  Speaker 1: ready to look into that, we went straight into it.
• 25:56
  Speaker 1: And this was probably i'd say about a year before
• 25:59
  Speaker 1: a lot of bulk billing IVF places came unannoying, I know,
• 26:06
  Speaker 1: but we did. You know, we had our initial and
• 26:10
  Speaker 1: all these doctor's appointments they cost money, like bank So
• 26:14
  Speaker 1: you know, we had our initial consult with an IVF
• 26:17
  Speaker 1: fertility specialist, which costs you know, nearly seven hundred dollars. Wow.
• 26:22
  Speaker 1: And it exploded from there. So every time we did
• 26:26
  Speaker 1: a cycle it costs approximately twenty thousand dollars.
• 26:32
  Speaker 5: Twenty thousand dollars a cycle. That's like double what most
• 26:35
  Speaker 5: people are telling us. I mean, you obviously did it
• 26:38
  Speaker 5: before the bulk billing came in. It's just so much
• 26:40
  Speaker 5: money to comprehend.
• 26:42
  Speaker 1: It's a huge volume of money. So don't get me wrong.
• 26:46
  Speaker 1: We have great private health insurance. We were better off
• 26:49
  Speaker 1: going through Medicare.
• 26:50
  Speaker 2: Ye.
• 26:50
  Speaker 1: Yeah, And to be fair, you reach your threshold faster,
• 26:52
  Speaker 1: so once you hit it you do get more back.
• 26:55
  Speaker 1: So do it at the beginning of the year, if
• 26:57
  Speaker 1: you're going to do it, just as a friendly head does.
• 27:00
  Speaker 1: And we did the first one. To be fair, I
• 27:04
  Speaker 1: had a bit of a rough time with all the drugs.
• 27:07
  Speaker 1: So the initial drugs that you get, you have to
• 27:09
  Speaker 1: get them from a specific pharmacy where we were, not
• 27:12
  Speaker 1: our pharmacy where we've been going for.
• 27:15
  Speaker 5: The last time years so far.
• 27:17
  Speaker 1: I went to this pharmacy where it was you know,
• 27:20
  Speaker 1: I think we spent about a thousand dollars on our
• 27:23
  Speaker 1: first lot of injections and medications. And I did that
• 27:26
  Speaker 1: for two weeks, and then we did the egg retrieval
• 27:29
  Speaker 1: and the hospital ran late, and then there was no
• 27:33
  Speaker 1: eggs to retrieve. There are only two left. I had
• 27:35
  Speaker 1: twenty follicles, but they ran late, and they told me afterwards,
• 27:39
  Speaker 1: and I was, honestly, hormones or not.
• 27:42
  Speaker 5: That's not your's all, that's right.
• 27:45
  Speaker 4: There was no compensation or anything there at all.
• 27:48
  Speaker 1: I made them pay for the second one.
• 27:50
  Speaker 5: Yeah, good like.
• 27:51
  Speaker 1: I had a meeting with the hospital administrator. I said,
• 27:54
  Speaker 1: I can't spend twenty grand because you can't tell time.
• 27:56
  Speaker 1: That's actually not my fault.
• 27:58
  Speaker 4: No, you h, that's a costly mistake for somebody to mate.
• 28:03
  Speaker 1: It is. And to be fair, so after my second
• 28:07
  Speaker 1: egg collection where we got twenty follow calls.
• 28:09
  Speaker 5: Yeah, okay, thank you for running on time.
• 28:11
  Speaker 1: Because everyone ran on time, the head of the hospital
• 28:14
  Speaker 1: was outside the recovery room waiting to check in with me.
• 28:18
  Speaker 5: Good, oh good.
• 28:20
  Speaker 1: Afterwards, which, to be fair, she should have been. Yeah,
• 28:24
  Speaker 1: because that was that is a costly mistake. So we
• 28:27
  Speaker 1: didn't pay for the second one. But we did end up
• 28:30
  Speaker 1: doing two additional ones. So having said that, we got
• 28:34
  Speaker 1: our twenty embryos, and then and it's a numbers game,
• 28:38
  Speaker 1: so you know, twelve of those matured, and then four
• 28:42
  Speaker 1: of those got all the way through the process. And
• 28:45
  Speaker 1: then my husband and I are both carriers for cystic fibrosis. Wow,
• 28:49
  Speaker 1: so we did genetic testing on our embryos in addition
• 28:52
  Speaker 1: to the PDG testing. Wow.
• 28:55
  Speaker 5: But what a position for us to be in in
• 28:58
  Speaker 5: this day and age, to go, all right, we carry
• 29:00
  Speaker 5: let's test this like that is very cool.
• 29:03
  Speaker 1: Yeah. So initially we tested all twelve yeah, before we
• 29:06
  Speaker 1: knew that only four got through. But it cost two
• 29:09
  Speaker 1: grand for each embryo to do the test. Oh my lord,
• 29:12
  Speaker 1: and that's only you know, say, I was twenty six
• 29:15
  Speaker 1: when we harvested our eggs and got our embryos. So
• 29:21
  Speaker 1: even other than the fact that my husband likes to
• 29:23
  Speaker 1: tell people I got knocked up by a twenty one
• 29:25
  Speaker 1: year old.
• 29:25
  Speaker 5: Because that's how oldly, wasn't it.
• 29:28
  Speaker 1: It's like, you have to stop saying that. People know
• 29:30
  Speaker 1: how old we are.
• 29:31
  Speaker 5: And why I like it.
• 29:35
  Speaker 1: And so even then, we knew that as we moved
• 29:39
  Speaker 1: through the process, it would come forward in leaps and bounds.
• 29:43
  Speaker 1: So you know, we spent all this money, we did
• 29:46
  Speaker 1: all these tests putting our embryo back in. So we
• 29:49
  Speaker 1: initially we didn't do a medicated cycle. We tracked my
• 29:52
  Speaker 1: cycle and that one resulted in a miscarriage. But from
• 29:55
  Speaker 1: that we learned that I had a short like loot
• 29:59
  Speaker 1: to your phase. My fertility window was like three days,
• 30:02
  Speaker 1: not five. But we wouldn't have known that otherwise. So
• 30:04
  Speaker 1: then we started to do medicated cycles, which were a
• 30:07
  Speaker 1: little bit more expensive because you have to, you know,
• 30:11
  Speaker 1: take a lot of drugs and a lot of hormones
• 30:14
  Speaker 1: and a lot of progesterone. So and that all obviously
• 30:18
  Speaker 1: costs a lot of money. You do a lot of
• 30:20
  Speaker 1: doctor's appointments to follow up and check how everything's progressing.
• 30:23
  Speaker 1: And then putting the embryo back in is fifty two
• 30:27
  Speaker 1: hundred dollars.
• 30:28
  Speaker 4: Oh good lord. Wow, You're like, this came out of
• 30:30
  Speaker 4: my body. You're just giving me back what's mine?
• 30:32
  Speaker 1: Oh? Why it just blogs to me anyway?
• 30:35
  Speaker 5: Is it really necessary?
• 30:36
  Speaker 1: So that was always very difficult. After the first one
• 30:40
  Speaker 1: happened and it worked, and I did fertility acupuncture as well.
• 30:43
  Speaker 1: That was my own accord. That was you know, every
• 30:46
  Speaker 1: week in the twelve weeks lead was one hundred and
• 30:49
  Speaker 1: thirty odd dollars day before, day of day after. There's
• 30:52
  Speaker 1: three hundred and fifty dollars right there. It adds up,
• 30:55
  Speaker 1: and it adds up fast.
• 30:56
  Speaker 5: Wow.
• 30:57
  Speaker 1: And after the first one worked and we were like cool,
• 31:01
  Speaker 1: all of a sudden, you know, bug billing IVF came out.
• 31:06
  Speaker 1: I'm very superstitious. I was like, oh, I'm not wasting
• 31:10
  Speaker 1: an embryo based on maybe I will go back to
• 31:12
  Speaker 1: the same doctor.
• 31:13
  Speaker 5: I would do the same thing, to be honest, Yeah.
• 31:16
  Speaker 1: The same cost and spend the same money all over again.
• 31:20
  Speaker 1: And I mean superstitious in a weird way. Our embryo
• 31:22
  Speaker 1: transfers happened on a Friday. We see a violent movie afterwards,
• 31:26
  Speaker 1: because that's what happened to be on after the first one.
• 31:29
  Speaker 5: You're like, this worked last time.
• 31:30
  Speaker 1: I think it was Jurassic Park haha. And I get
• 31:34
  Speaker 1: a cold diet coke in a quiet room. There's no
• 31:37
  Speaker 1: one talking to me, touching me, or asking me for anything.
• 31:39
  Speaker 1: I'm that level of superstitious. It worked the first time.
• 31:42
  Speaker 1: I'm repeating it again within my scope what I can contry.
• 31:47
  Speaker 5: I feel like that's important, though, because that's you feeling
• 31:49
  Speaker 5: comfortable with that process, and like, I mean, that's going
• 31:52
  Speaker 5: to mean different things to different people, but I kind
• 31:54
  Speaker 5: of love that. You know you well enough. You're like,
• 31:55
  Speaker 5: this is what we're doing.
• 31:57
  Speaker 1: This is how the only control I had over it.
• 31:59
  Speaker 1: This is what we're doing. Yeah. Wow, And I do
• 32:02
  Speaker 1: have a supportive partner. He was like, yep, yep, I'll
• 32:05
  Speaker 1: be there on it. So what a legend. He is
• 32:09
  Speaker 1: amazing or he understands what I say. I know it's stupid,
• 32:12
  Speaker 1: but it's important to me because his response to that
• 32:15
  Speaker 1: is if it's stupid, but it works, it's not stupid.
• 32:17
  Speaker 5: Yeah, exactly exactly.
• 32:19
  Speaker 1: Wise, it's very hard to argue with.
• 32:20
  Speaker 5: The wise, I want to know how all of this
• 32:24
  Speaker 5: impacted your work, right, So you spoke about the cost,
• 32:27
  Speaker 5: but I think the cost when it comes to being
• 32:30
  Speaker 5: in our child bearing years that we don't talk about
• 32:33
  Speaker 5: enough is the time off work. And we know that
• 32:36
  Speaker 5: taking time off work to raise kids is one thing,
• 32:39
  Speaker 5: but then taking time off work to even try for
• 32:41
  Speaker 5: kids is another. Like, how did that impact your I
• 32:45
  Speaker 5: guess work life balance and your income and how all
• 32:49
  Speaker 5: of that works, because I feel like with IVF, that's
• 32:52
  Speaker 5: a lot of downtime and you didn't just do it once,
• 32:54
  Speaker 5: you did it multiple times for multiple rounds.
• 32:58
  Speaker 1: Yes, so I went to part time when we started IVF.
• 33:03
  Speaker 1: It was an available option to me. I was very
• 33:05
  Speaker 1: lucky to work at the time. I worked somewhere else,
• 33:08
  Speaker 1: and I was very lucky to work somewhere where they
• 33:10
  Speaker 1: are very family based. And they don't just say we're
• 33:13
  Speaker 1: family based. They show that they're family based. They let
• 33:16
  Speaker 1: me work from home when I could, They're very understanding.
• 33:20
  Speaker 1: They gave me time for the appointments. They let me
• 33:23
  Speaker 1: swap my days over for embryo transfers so that I
• 33:26
  Speaker 1: could have the weekend to relax. That was just dumb luck.
• 33:30
  Speaker 1: Being able to coordinate that with my work at the time,
• 33:35
  Speaker 1: and you do. So we took a hit for me
• 33:39
  Speaker 1: to work part time. I'm very lucky my husband works
• 33:41
  Speaker 1: in the IT industry, so you know, we have that
• 33:44
  Speaker 1: sort of buffer as we need. To be fair. We
• 33:47
  Speaker 1: do spend a fair bit on medical things at the pharmacy,
• 33:52
  Speaker 1: you know, his sort of treatments that will be ongoing
• 33:55
  Speaker 1: until further notice sort of thing. So we spend a
• 33:58
  Speaker 1: lot of money at our funt like I think five
• 34:00
  Speaker 1: or six hundred dollars a month at our pharmacy. We've
• 34:04
  Speaker 1: got it. But is it a tab an account.
• 34:07
  Speaker 5: Not ongoing account. It's like going to the bar.
• 34:09
  Speaker 1: Yeah, so that works out really well.
• 34:11
  Speaker 2: Yeah.
• 34:11
  Speaker 4: I was going to say tab I thinks a bar.
• 34:13
  Speaker 5: Yeah, I think you did it. I think you started
• 34:15
  Speaker 5: tab at the bar.
• 34:15
  Speaker 1: Yeah, well we have done that too.
• 34:18
  Speaker 5: Maybe that's just what came to you because it's familiar.
• 34:21
  Speaker 5: I get it. I get it's still fun. I told
• 34:24
  Speaker 5: you I'd have you at my party. It is absolutely fine.
• 34:27
  Speaker 5: I think it makes sense.
• 34:29
  Speaker 1: So I worked part time while we did all that,
• 34:31
  Speaker 1: and that was enough to take the pressure off for
• 34:34
  Speaker 1: what we were doing, so I didn't need additional time
• 34:38
  Speaker 1: off to do the processes. I worked somewhere where we
• 34:40
  Speaker 1: were able to slot it in within those working three days. Yeah,
• 34:43
  Speaker 1: that's epic, and that was very beneficial for us. When
• 34:48
  Speaker 1: our children were born, the place that I worked does
• 34:50
  Speaker 1: not offer maternity leave. Yeah.
• 34:52
  Speaker 5: Wow.
• 34:53
  Speaker 1: So I went back to work at four months with
• 34:57
  Speaker 1: the first two children.
• 34:59
  Speaker 5: Yeap.
• 35:00
  Speaker 1: And I was in a different job when I had
• 35:03
  Speaker 1: my third baby and they offered maternity le so I
• 35:06
  Speaker 1: took that. I think it was like seven weeks at
• 35:08
  Speaker 1: half pay, so an additional fourteen weeks just to take
• 35:12
  Speaker 1: the edge off. So that was very beneficial for us.
• 35:16
  Speaker 1: To be fair, my first born was born twelve hours
• 35:23
  Speaker 1: after I've finished work on the Friday.
• 35:26
  Speaker 5: Oh my gosh. Well, at least you're getting it done.
• 35:29
  Speaker 5: I respect that.
• 35:30
  Speaker 1: Oh I was supposed to be my baby shower, so
• 35:32
  Speaker 1: we haven't let that one go.
• 35:33
  Speaker 4: Apparently, according to my family, families are the best for
• 35:36
  Speaker 4: stuff like that, aren't they they are?
• 35:38
  Speaker 1: His birthday is baby shower day because I was too
• 35:41
  Speaker 1: busy birthing him to attend my baby shower.
• 35:43
  Speaker 5: Oh well, good, I mean, at least you've got a healthy,
• 35:46
  Speaker 5: happy baby. I have one more question before we wrap,
• 35:49
  Speaker 5: because I feel like I have been talking to you
• 35:51
  Speaker 5: for ages and I could continue to do so, but
• 35:54
  Speaker 5: I want to know. Obviously, you're now part time with
• 35:57
  Speaker 5: your work, and you've got a beautiful, supportive husband, and
• 36:00
  Speaker 5: I want to know how you're prioritizing your future financial
• 36:04
  Speaker 5: security though during a period of time where you're not
• 36:07
  Speaker 5: earning as much as you probably could be because you're
• 36:10
  Speaker 5: part time and looking after kids and doing all of that, Like,
• 36:12
  Speaker 5: how are we still making that a priority?
• 36:14
  Speaker 1: So there are a couple of ways that we do this,
• 36:16
  Speaker 1: and we do work very much so as a team.
• 36:19
  Speaker 1: We can only take on one big project at a
• 36:21
  Speaker 1: time as off of course, so we understand that. So
• 36:25
  Speaker 1: I work part time. But the reason I work nights
• 36:29
  Speaker 1: is so that I can work that extra fourth day. Yeah,
• 36:33
  Speaker 1: if I work, I have to put the kids into
• 36:35
  Speaker 1: daycare that day. Yeah, it's one hundred and fifty dollars
• 36:38
  Speaker 1: per child per day.
• 36:39
  Speaker 5: That's so much money.
• 36:40
  Speaker 1: It's so much. It costs money. We chose a job
• 36:43
  Speaker 1: where I could work nights and get that extra day
• 36:46
  Speaker 1: because it leads on from or into a weekend where
• 36:49
  Speaker 1: he's at home with the kids. So that's something we
• 36:52
  Speaker 1: do that's really smart.
• 36:54
  Speaker 5: Yeah, your genius.
• 36:55
  Speaker 1: Yes, So I work Sunday night to Wednesday nights. He
• 37:01
  Speaker 1: has the kids all day Sunday so that I can sleep,
• 37:04
  Speaker 1: so that I can work that night.
• 37:06
  Speaker 2: Yeah.
• 37:06
  Speaker 1: Wow, And then that would not have been an option
• 37:09
  Speaker 1: on the other you know, I couldn't be able to
• 37:11
  Speaker 1: work four days and pay for four days of daycare.
• 37:13
  Speaker 1: That would basically make my salary redundant.
• 37:16
  Speaker 5: Yeah, of course it would.
• 37:17
  Speaker 1: We salary sacrifice from my job to the mortgage. We
• 37:22
  Speaker 1: salary sacrifice to my super. So does he to my
• 37:26
  Speaker 1: super not his own, so that we are all working
• 37:30
  Speaker 1: hard to make sure no one is left out of pocket,
• 37:35
  Speaker 1: I suppose for doing what we're trying to do. We
• 37:39
  Speaker 1: have touched on a number of times. I'm working towards
• 37:44
  Speaker 1: my MBA. I am so part time work, part time
• 37:48
  Speaker 1: study to try and sort of better myself.
• 37:50
  Speaker 5: And three kids under five? Are you kidding me, money diarist.
• 37:54
  Speaker 1: No, we don't do things by halves.
• 37:56
  Speaker 5: Oh I'm noticing.
• 37:57
  Speaker 1: So I'm doing that now because I can work part
• 38:00
  Speaker 1: time with the kids, and because I work nights, it
• 38:02
  Speaker 1: gives me the opportunity to be able to sort of
• 38:06
  Speaker 1: focus on that as an option. Yeah. So that's why
• 38:09
  Speaker 1: we do that. We've touched on me working full time.
• 38:12
  Speaker 1: We've run the numbers, we've done the math. It's not
• 38:14
  Speaker 1: worth it. Yeah, that's it's really not that. For the
• 38:17
  Speaker 1: same reason, it's also not worth me doing school hours
• 38:20
  Speaker 1: five days a week, so I might work five hours
• 38:22
  Speaker 1: in that day, I got to pay for twelve hours daycare.
• 38:25
  Speaker 5: Yeah, daycare can be absolutely crippling. And I feel like
• 38:29
  Speaker 5: you guys have really thought about it. And I like
• 38:31
  Speaker 5: asking that question because I think that it is such
• 38:34
  Speaker 5: an important question to ask in a relationship when going
• 38:37
  Speaker 5: through this period of time. It sounds like you're an
• 38:39
  Speaker 5: absolute hustler, and I don't expect anybody else in our
• 38:41
  Speaker 5: community to bite off nearly as much as you can chew.
• 38:44
  Speaker 5: But that is okay. We can learn from your story.
• 38:47
  Speaker 5: So with that money, darist, I super appreciate the time
• 38:50
  Speaker 5: you've taken today to share that with us. Thank you
• 38:53
  Speaker 5: for coming and thank you for sharing.
• 38:55
  Speaker 1: Oh my goodness, thank you. I've listened to so many
• 38:58
  Speaker 1: money does. I was like, I can relate to that.
• 39:00
  Speaker 1: I understand that. Oh I don't know that.
• 39:02
  Speaker 5: Ow how good.
• 39:04
  Speaker 4: There'll be a lot of people listening to this feeling
• 39:06
  Speaker 4: the exact same way exactly.
• 39:08
  Speaker 5: I mean, I don't know how many other people are
• 39:09
  Speaker 5: going to be like, oh, yeah, I work part time,
• 39:11
  Speaker 5: I do my NBA. I also have three kids and
• 39:13
  Speaker 5: I'm a hustler. Ali great, great, thank you for making
• 39:15
  Speaker 5: unrelatable content.
• 39:16
  Speaker 1: I didn't realize how common IVF was until we were
• 39:19
  Speaker 1: in it.
• 39:20
  Speaker 5: Yeah, for sure.
• 39:21
  Speaker 2: True.
• 39:21
  Speaker 1: I mean I've had people from work who were doing
• 39:24
  Speaker 1: IVF reach out to me and go, I don't know
• 39:25
  Speaker 1: you did IVF? What do you know about this? And
• 39:27
  Speaker 1: I was like, hell, get ready, I know it.
• 39:29
  Speaker 5: Sit down, my friends. I feel like it is so common,
• 39:32
  Speaker 5: but for a very long time it was kind of
• 39:34
  Speaker 5: seen as something that shouldn't really be talked about because
• 39:37
  Speaker 5: it's like, you know, if it's not working naturally, like oh,
• 39:39
  Speaker 5: don't tell everybody about your bodily processes. Like and that's
• 39:43
  Speaker 5: not the case at all. I feel like you guys
• 39:44
  Speaker 5: need as much, if not more, support, Like it's just
• 39:48
  Speaker 5: so important. Anyway. With that Money Diarist, thank you for
• 39:51
  Speaker 5: joining us, and we will see you on another episode
• 39:54
  Speaker 5: of Money Diaries next week.
• 39:56
  Speaker 4: See you, Thank guys.
• 40:03
  Speaker 5: The advice shared on She's on the Money is general
• 40:06
  Speaker 5: in nature and does not consider your individual circumstances. She's
• 40:10
  Speaker 5: on the Money exists purely for educational purposes and should
• 40:13
  Speaker 5: not be relied upon to make an investment or financial decision.
• 40:17
  Speaker 5: If you do choose to buy a financial product, read
• 40:19
  Speaker 5: the PDS TMD and obtain appropriate financial advice tailored towards
• 40:23
  Speaker 5: your needs. Victoria Divine and She's on the Money are
• 40:27
  Speaker 5: authorized representatives of money. Shepper Pty Ltd ABN three two
• 40:32
  Speaker 5: one six four nine two seven seven zero eight AFSL
• 40:36
  Speaker 5: four five one two eight nine