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The 2026 Money Reset To Enter Your Rich Girl Era · Two Broke Chicks

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Speaker 1: This podcast is recorded on gadigal Land, Always was, Always
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Speaker 1: will be, Aboriginal Land. This episode is powered by Binder because,
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Speaker 1: according to their research, eighty five percent of Australians have
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Speaker 1: set financial goals for twenty twenty six, including saving more,
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Speaker 1: spending less and reducing expenses. Plus fifty three percent of
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Speaker 1: people say saving more is their financial goal in twenty
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Speaker 1: twenty six. So keep listening to find out more about
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Speaker 1: a free finder tool that's going to help you do
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Speaker 1: just that.
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Speaker 2: All right, let's get into the episode.
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Speaker 1: Hey chicks, I'm sal and I'm out And this is
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Speaker 1: two broad chicks for Shure that shares life lessons and
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Speaker 1: tips to help make you rich in life. Welcome back
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Speaker 1: to another gorgeous, gorgeous episode of two Roachie So Gorgeous Gails,
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Speaker 1: Stu Gorges Gear just here to talk some shit, but.
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Speaker 3: Today very on brand.
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Speaker 1: We really are talking the life lessons to help make
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Speaker 1: you rich in life. We are talking the twenty twenty
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Speaker 1: six money resets are anti your rich girl era. Let's
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Speaker 1: go rebrand till rich girls yep, twenty twenty six year
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Speaker 1: of the rich girl.
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Speaker 3: Yeah and the horse girl, rich horse girl.
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Speaker 2: Yeah. We've got to be rich to be a horse girl.
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Speaker 3: Yeah, that's so true.
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Speaker 1: So like Kendle Candle, Yeah, true, we're going to be
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Speaker 1: a Kendle and bellahadid by the end of the Oh
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Speaker 1: my God, to be the dream my name is Bella
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Speaker 1: had indeed. Yeah. So we're going to run through five
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Speaker 1: steps on how to anti your rich girl era in
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Speaker 1: twenty twenty six. But before we do that, we like
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Speaker 1: to start with our obsessions of the week.
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Speaker 3: So would you like to kick us off?
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Speaker 4: I would love to kick ourselfs out because my obsession
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Speaker 4: of the week is the fact that the color of
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Speaker 4: the year, the fashion color of the year for twenty
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Speaker 4: twenty six.
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Speaker 2: Is animal prints.
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Speaker 3: Ooh.
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Speaker 1: So this comes from style analytics who pulls in all
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Speaker 1: the data regarding fashion trends and then shares them and
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Speaker 1: animal print is up.
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Speaker 2: And I for one very happy about that.
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Speaker 1: Yeah, while you're wearing a pair of snake print jeans,
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Speaker 1: I know.
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Speaker 2: I love animal print.
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Speaker 1: I think animal print is a very easy fashion win,
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Speaker 1: Like it adds personality to an outfit with very little effort,
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Speaker 1: and I just think it is chef's kiss. However, there
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Speaker 1: are certain animal prints that are trending in twenty twenty six,
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Speaker 1: which is what I want to run through. So, tiger
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Speaker 1: print has a nineteen percent sellout rate and is up
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Speaker 1: eleven percent from last year. Cheetah is up three percent
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Speaker 1: from last year and also has a twenty four percent
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Speaker 1: sellout rate, Snake print is up three percent from last
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Speaker 1: year and has a twenty seven percent sellout rate, and
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Speaker 1: then zebra print is up four percent from last year
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Speaker 1: and has a thirty two percent sell out rate. Interesting,
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Speaker 1: So I'm kean, I'm ready. I love it on a
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Speaker 1: There isn't really an animal print that I don't like.
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Speaker 3: Cow, No, because I like a cow hired.
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Speaker 1: I think it depends on the material with cowprint, maybe giraffe.
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Speaker 2: Yeah, giraffe, you've lost me.
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Speaker 1: Yeah, I don't think I've ever really doubled with. But yeah,
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Speaker 1: I love that. Obviously, animal prints they kind of go
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Speaker 1: in and out of fashion, But I do think that
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Speaker 1: if you're an animal print.
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Speaker 3: Girly, it's a lifelong life relationshrend.
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Speaker 2: Yeah.
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Speaker 4: To me, animal print is not a micro trend because
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Speaker 4: I wear it regardless of whether.
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Speaker 2: Or not it's in or out.
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Speaker 1: Okay, my obsession, tell me, Okay, tell me your obsession.
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Speaker 1: My obsession of the week is part two from last week,
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Speaker 1: which was mister Harold's Styles coming back and announcing his
3:45
Speaker 1: brand new album because he is.
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Speaker 3: Just absolutely feeding the children.
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Speaker 1: Yeah, he's coming in to save twenty twenty six. People like, really,
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Speaker 1: one month in and it's gone.
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Speaker 2: I'm like, yeah, yeah, need saving.
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Speaker 1: Honestly, literally from twelve oh one, we probably need an
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Speaker 1: Arry to sweep in and thank far because on top
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Speaker 1: of the album announcement this week, he's also announced that
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Speaker 1: he's going to be doing a worldwide tour, including stops
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Speaker 1: in Sydney and in Melbourne at the end of this year.
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Speaker 3: For the Together Together tour.
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Speaker 1: So that's what the Easter eggs that we were talking
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Speaker 1: about last week related to.
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Speaker 3: So very exciting. But also he's dropped his first single
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Speaker 3: from the album.
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Speaker 1: Today and we haven't listened to it yet because we
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Speaker 1: wanted to save our first reaction for the episode How
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Speaker 1: Long First Taste, like five minutes.
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Speaker 2: Five minutes. The song's five minutes. Yea, that is too long.
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Speaker 1: The song is five minutes, so I'm very too long
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Speaker 1: interested to see because most pop songs are.
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Speaker 3: Like three and a half.
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Speaker 2: Oh my god.
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Speaker 1: So this is our first reaction to Afasha by Harry Styles. Okay, okay,
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Speaker 1: and we're thirty four seconds in with no lyrics.
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Speaker 2: This is very euro it is.
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Speaker 4: That's where I like this, right because yeah, didn't you
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Speaker 4: say you thought the single was going to be called
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Speaker 4: we Belong Together?
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Speaker 2: Yeah, yeah, it.
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Speaker 3: Was going to be called we Belong Together.
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Speaker 4: So you're right, so it was kind of Yeah, I
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Speaker 4: think that's a win.
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Speaker 2: I think we dubbed that a win.
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Speaker 3: Yeah, what do you think I like it? I think yeah.
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Speaker 1: It definitely takes a while to get into, which would
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Speaker 1: be by design, but I do like the chorus, and
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Speaker 1: I do think that it's one that.
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Speaker 3: I'll enjoy the more that I listen to it.
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Speaker 2: Yeah, I think so too. I do always.
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Speaker 1: I prefer instruments, yeah, to be like more than like
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Speaker 1: synthetic music.
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Speaker 2: Is that how you would call it? I don't really know.
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Speaker 3: Yeah, than anything was sort of like an election.
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Speaker 2: Yeah, yeah, I don't know if that is that disco. No,
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Speaker 2: I was expecting more disco.
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Speaker 1: Yeah, but I don't dislike it, but I'm excited to
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Speaker 1: hear the rest of the album. I wouldn't necessarily say
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Speaker 1: that's like my taste in music, but I like Harry Styles,
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Speaker 1: so yeah, yeah, I like it more in the chorus,
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Speaker 1: you can hear more of his vote voice.
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Speaker 3: So yeah, very interested to hear more. And I'll see
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Speaker 3: chicks in the ticket war.
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Speaker 1: Right.
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Speaker 2: All right, shall we get into our five STIPs?
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Speaker 1: So step number one two, enter your rich girl era
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Speaker 1: in twenty twenty six. Identify your money toxic trait.
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Speaker 2: I love this.
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Speaker 1: Yeah, we've spoken about money personalities on the show before,
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Speaker 1: and that is kind of like a well discussed concept,
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Speaker 1: but we wanted to talk about money toxic traits, not
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Speaker 1: necessarily as an excuse to like read yourself a filth
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Speaker 1: or even to box yourself in. But I do think
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Speaker 1: that it's good to know what your toxic money trait is,
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Speaker 1: to recognize what your flaws are when it comes to money,
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Speaker 1: and I guess kind of embrace it a little bit
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Speaker 1: because a lot of budgeting tips and money tips will
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Speaker 1: work differently depending on your money personality. You know, like
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Speaker 1: not every single strategy is going to work for everyone
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Speaker 1: because of the different relationship that you do have with money.
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Speaker 1: So we're going to run through the five money a
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Speaker 1: Tour personalities.
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Speaker 3: Okay, the emotional spender.
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Speaker 1: Buck, Yep, this person is like had a bad day,
7:11
Speaker 1: let's go shopping. This person like, had a good day,
7:14
Speaker 1: let's go shopping. Yeah, with retail therapy. As their emotion spike,
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Speaker 1: so do their spending. Ah fuck yeah, okay, fuck what
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Speaker 1: if I'm all of them? I definitely think that I
7:28
Speaker 1: sit in a couple of these categories, which it seems
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Speaker 1: like my sun moon and rising fully Yeah your money
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Speaker 1: star sign, let's go louck in. The silent stresser. This
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Speaker 1: person carries their money anxiety silently, so they probably have
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Speaker 1: a lot of shame associated with their relationship with money,
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Speaker 1: and if they're having money problems, they're going to keep
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Speaker 1: it to themselves and not share it with the people
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Speaker 1: around them, and they don't feel comfortable talking about money with.
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Speaker 3: The people in their life.
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Speaker 2: Okay.
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Speaker 1: The money avoider. This is the person that doesn't check
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Speaker 1: their bank account. They probably don't even know their online
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Speaker 1: banking logins.
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Speaker 3: They may not know who their super is with, and
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Speaker 3: they kind of.
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Speaker 1: Have an ignorance's bliss approach when it comes to money.
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Speaker 3: The lifestyle creeper.
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Speaker 2: As creeper the creeper.
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Speaker 1: As their income increases, so does their expenses. So this
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Speaker 1: is the person that always has the latest iPhone. They're
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Speaker 1: always on top of the latest trending items, they have
8:27
Speaker 1: a new holiday always coming up, and it's kind of
8:30
Speaker 1: the classic case of just because you are earning more
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Speaker 1: money doesn't necessarily mean that you're saving more money. And
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Speaker 1: then our last one, the penny pincher. Oh, on surface value,
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Speaker 1: this might seem like a positive trait, and I do
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Speaker 1: think that it kind of is, but this is the
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Speaker 1: person that turns off every PowerPoint every time they leave
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Speaker 1: the room.
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Speaker 3: They're chasing you up for that two dollars that you
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Speaker 3: owe them.
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Speaker 1: But it also means that they probably don't have that
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Speaker 1: much room in their budget for anything fun.
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Speaker 3: Maybe a little bit too strict.
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Speaker 4: Yeah, and I do reckon there's probably a lot of
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Speaker 4: anxiety around money within that on the opposite end, exactly,
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Speaker 4: because like you can have money dysmorphia can be both
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Speaker 4: ends where you think you have more money than you
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Speaker 4: do and where you think you have less money than
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Speaker 4: you do and you're very anxious about it, exactly.
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Speaker 2: Yeah.
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Speaker 1: But yeah, as I was saying at the top, I
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Speaker 1: think it's important to recognize what your money toxic traits
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Speaker 1: are so that you know which steps to take first,
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Speaker 1: because it can be overwhelming to be like, Okay, it's
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Speaker 1: the beginning of a new year, I'm going to do
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Speaker 1: a complete overhaul of my finances.
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Speaker 3: Where do I begin?
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Speaker 1: But say, for example, if you feel like you're the
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Speaker 1: money avoider, you could start by introducing in your routine
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Speaker 1: to have like a money Monday where every Monday night
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Speaker 1: you go through your transactions and see where your money
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Speaker 1: is coming and going and identify I guess those flaws, yeause,
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Speaker 1: I don't think none of these things are set in
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Speaker 1: stone either.
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Speaker 4: Well, I was going to say, this makes me think
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Speaker 4: about I've been reading the book The Psychology of Money,
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Speaker 4: and within the first chapter he discusses how money shouldn't
10:06
Speaker 4: be looked at as math or science, but actually like
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Speaker 4: psychology and emotion, because money and emotion is so tightly linked,
10:16
Speaker 4: and that no one's ever right when talking about money
10:20
Speaker 4: because everyone has different experiences. The way that you have
10:24
Speaker 4: experienced money growing up and as an adult could be
10:28
Speaker 4: completely different to the way that I've experienced money. And
10:31
Speaker 4: he talks about, you know, those who would have been
10:34
Speaker 4: in the stock market crash where everyone you know lost everything,
10:39
Speaker 4: they would probably have a different outlook on investing versus
10:43
Speaker 4: someone who has a really strong portfolio now and like
10:46
Speaker 4: really endorses investing and really gets into it, and like
10:50
Speaker 4: they would have two different opinions.
10:52
Speaker 2: Or someone who.
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Speaker 4: You know, grew up with money and was given an
10:55
Speaker 4: allowance from their parents would have a different outlook on
10:58
Speaker 4: money than someone who's been sucking a job on minimum
11:01
Speaker 4: wage since they were fourteen and nine months, you know.
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Speaker 2: So it's really really interesting and I think that's.
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Speaker 4: Good because it takes out the facts that we think
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Speaker 4: money is. Like it's like money, there's no right answer
11:15
Speaker 4: to setting up your money, Like it's very personal and
11:19
Speaker 4: it's very personal to you. So when you know what
11:21
Speaker 4: your personality is and you know what your toxic traits are,
11:25
Speaker 4: you can look at the habit and the things you
11:27
Speaker 4: want to do, not as a stop doing this, but
11:30
Speaker 4: start doing this. Yeah, yeah, I like that. Which one
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Speaker 4: do you think is your toxic trade?
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Speaker 2: Probably?
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Speaker 3: I think in the past it would have been the
11:42
Speaker 3: money of void?
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Speaker 2: Hmm, That's what I was gonna say, I think, I
11:45
Speaker 2: yeah have been.
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Speaker 1: I would say I think I've got two feet in,
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Speaker 1: one foot in emotional.
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Speaker 2: Spender, and one foot in the money of.
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Speaker 4: Void, yep, Because it was like I'd be like, where
11:56
Speaker 4: is why do I what did I spend my money on,
11:58
Speaker 4: or like subscriptions that I didn't know coming out, or
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Speaker 4: when it's like Apple subscription minus two ninety nine minus
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Speaker 4: fifteen ninety nine, I'm.
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Speaker 3: Like, what is this for?
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Speaker 4: Step number two is to reduce your micro purchases.
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Speaker 2: I lack this one. I like this one a lot.
12:15
Speaker 2: I like it.
12:15
Speaker 3: Theusse eighty six.
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Speaker 4: Percent of Australians don't know how much money they're spending
12:20
Speaker 4: every month.
12:22
Speaker 2: How crazy is that?
12:24
Speaker 3: It's wild? But I believe it.
12:25
Speaker 2: I believe it because do you know what guilty as charged?
12:30
Speaker 2: Like before this year, I couldn't tell you.
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Speaker 1: I just know that I was spending money income and
12:36
Speaker 1: saving money, yeah you know, Like that was really it.
12:39
Speaker 2: And I wasn't tracking where my money was going.
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Speaker 4: I didn't know how much I was spending on like
12:43
Speaker 4: uber eats or anything like that. And so this one
12:47
Speaker 4: really is such an important step because when you look
12:50
Speaker 4: into how much you spend on the little things.
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Speaker 2: It really adds up.
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Speaker 1: Thirty dollars a day adds up to over ten thousand
12:56
Speaker 1: dollars a year, which if you think about even just
12:59
Speaker 1: the standard workday of buying a morning coffee and buying lunch,
13:04
Speaker 1: you're getting around to thirty dollars a day. Yeah, right,
13:07
Speaker 1: and that's ten thousand dollars a yeah, think of what
13:09
Speaker 1: you could spend ten thousand dollars on. Most Australians don't
13:12
Speaker 1: even have one thousand dollars saved.
13:14
Speaker 3: Yeah exactly.
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Speaker 4: So looking at your micro spending as what could be
13:21
Speaker 4: the leak or the leach of your emergency funds, your
13:25
Speaker 4: fund funds. A lot of us feel, you know, I
13:27
Speaker 4: can't afford to go on a holiday, But what if
13:29
Speaker 4: we reduce those micro spends and micro.
13:32
Speaker 2: Purchases so you could, so you could.
13:34
Speaker 4: Do those fun things you want to do, So you
13:35
Speaker 4: could get that dice in air up that you've been
13:37
Speaker 4: wanting for two years, so you could adopt a cat,
13:40
Speaker 4: or a second.
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Speaker 2: One or a third one. Fuck you're like, if you
13:47
Speaker 2: said yes today, I would have been going to the shelter.
13:49
Speaker 3: Oh my god, I would kill me.
13:51
Speaker 2: Oh when I really miss my cats. Okay. Yeah. You
13:55
Speaker 2: may think that micro spending is harmless because they're just
13:58
Speaker 2: small things.
13:59
Speaker 4: But six dollar coffee, a twelve dollar app, you know,
14:03
Speaker 4: a twenty eight dollar top on sale, a nine dollar
14:06
Speaker 4: delivery fee with a three dollar service fee and then
14:10
Speaker 4: another fee for priority or whatever like, individually, none of
14:14
Speaker 4: these matter, but collectively they're like a money leak. And
14:19
Speaker 4: I'm not saying that we need to scrutinize and stress
14:25
Speaker 4: over one dollar here and there, right, but it's more
14:28
Speaker 4: about the oh yeah tap, oh yeah tap. And it's
14:32
Speaker 4: the kind of what we were saying, like the money
14:34
Speaker 4: of order of not knowing and not thinking that those
14:36
Speaker 4: small amounts matter, because they do and.
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Speaker 2: They add up. So the fix for this is a
14:40
Speaker 2: couple things. Right.
14:42
Speaker 4: It can look like having one account just for funzies, right,
14:47
Speaker 4: and that's your account that you don't have to stress.
14:48
Speaker 2: You can go tap a tap a taper, yeah, that
14:51
Speaker 2: you can get a morning coffee.
14:52
Speaker 4: This isn't This is not a male millennial podcast.
14:56
Speaker 2: That we're like, your AVO toast is why you don't
14:58
Speaker 2: have a house.
14:59
Speaker 1: Get your fucking have it, you know, Like that's fine,
15:02
Speaker 1: have your one account for fundsies. The other thing you
15:04
Speaker 1: can do is have your one day for spending, so
15:07
Speaker 1: you can have like a Sunday where you go, Okay,
15:09
Speaker 1: I sat on those purchases. I still want that top
15:12
Speaker 1: that's on sale.
15:13
Speaker 2: I've thought of it.
15:14
Speaker 4: That's your one day and you get to spend, right, yep.
15:18
Speaker 4: Then also think about using cash. It's scientifically proven that
15:24
Speaker 4: you spend less money when you use cash because it
15:27
Speaker 4: becomes a physical thing. You become physically aware of your money,
15:31
Speaker 4: how much you have, how much you spend, and how
15:33
Speaker 4: much you have left, and you're really handing it over.
15:37
Speaker 4: You're like, that's my money and it's now yours. And
15:41
Speaker 4: when I do this, I think I said this as
15:43
Speaker 4: a tip like two years ago, like ages ago.
15:47
Speaker 2: It's it honestly makes the biggest difference.
15:50
Speaker 1: I saw a study that was conducted by the University
15:52
Speaker 1: of Melbourne and they were talking about exactly that and
15:55
Speaker 1: something called.
15:56
Speaker 3: The cashless effect.
15:58
Speaker 1: Yeah, and they were saying that when paying with cash,
16:02
Speaker 1: we have to physically count out the notes and coins
16:05
Speaker 1: and hand them over, and humans seek to avoid losses,
16:08
Speaker 1: and paying by cash sees us physically lose something. So
16:13
Speaker 1: there is neurological evidence that suggests that the pain of
16:16
Speaker 1: payin isn't just a metaphor, it is something psychologically that
16:20
Speaker 1: we experience.
16:22
Speaker 3: So we do feel a little.
16:23
Speaker 1: Pang of pain when we are using physical cash. Yeah,
16:28
Speaker 1: And so that will stop us from spending too much
16:32
Speaker 1: because you actually do feel it.
16:34
Speaker 2: Yeah, Like imagine being at a n Ailsalondon handing over
16:37
Speaker 2: one hundred and twenty dollars cash. Yeah, for one manicure.
16:39
Speaker 2: That's gonna last two weeks.
16:41
Speaker 3: Yeah, exactly.
16:42
Speaker 2: Don't like that.
16:43
Speaker 3: No, I don't like that, No, I don't. But also
16:45
Speaker 3: I do think, like I've heard of people who.
16:48
Speaker 1: Only use cash and so at the beginning of every
16:51
Speaker 1: week they withdraw a certain amount, and that also gives
16:54
Speaker 1: you a finite budget, yeah, to work with.
16:56
Speaker 4: And it means that like online spending of like little
16:59
Speaker 4: Amazon things or.
17:00
Speaker 2: They're a sale that's a flash sale for three.
17:02
Speaker 4: Hours only because it's all stock that we can't get
17:04
Speaker 4: rid of like that, you can't get pulled into that stuff.
17:08
Speaker 4: So if you really struggle with like impulse spending, try
17:14
Speaker 4: to go cash cash only.
17:17
Speaker 3: Cash is king.
17:18
Speaker 4: Cash step number three, and I would say this is
17:23
Speaker 4: the most important step in the process budget. I know,
17:28
Speaker 4: I know, I know we've all heard the word a
17:31
Speaker 4: million times before.
17:33
Speaker 1: I know that we're like, I know, I have to
17:35
Speaker 1: do it. I just don't know where to start the
17:37
Speaker 1: be word. So I'm so excited to get into this
17:40
Speaker 1: because this part of the episode is sponsored by Finder
17:44
Speaker 1: and they've actually created a free tool that's made budgeting easier.
17:48
Speaker 2: We were looking at this tool.
17:49
Speaker 4: And we went to them and we were like, we've
17:51
Speaker 4: got to talk about this. Yeah, this is amazing.
17:53
Speaker 1: And you may have seen on our TikTok we posted
17:56
Speaker 1: a video being like, who's got the rex?
17:58
Speaker 2: Who needs a budget? Who wants a budge?
18:00
Speaker 3: What are we using?
18:01
Speaker 2: What's the vibe?
18:01
Speaker 1: And honestly, the amount of comments and views of people
18:06
Speaker 1: needing a budget tracker or just a place to start
18:10
Speaker 1: and figure out what their budget is. I think there
18:12
Speaker 1: was over two hundred and eighty thousand views on that,
18:14
Speaker 1: So it's definitely a thing, and it's really important because
18:18
Speaker 1: so many people don't have a budget because I don't
18:22
Speaker 1: know how to do it. And that's so fair enough.
18:24
Speaker 4: Before this year, I did not track my budget and
18:28
Speaker 4: my spending. However, every Sunday I now sit down and
18:31
Speaker 4: I'm doing it, and let me tell you, I'm fucking addicted.
18:35
Speaker 2: I love it.
18:36
Speaker 4: I love doing my budget because do you know what
18:39
Speaker 4: doing a budget makes you realize is how much money
18:43
Speaker 4: you actually can spend. And I was sitting there doing
18:46
Speaker 4: this budget, going what have I been spending.
18:50
Speaker 2: My money on?
18:51
Speaker 1: Like?
18:51
Speaker 2: Where is it gone? And that's the thing.
18:53
Speaker 4: If you were sitting there going where is all my
18:56
Speaker 4: money going? What am I spending my money on? You
18:58
Speaker 4: need to sit down into your budget.
19:00
Speaker 1: I think that's a misconception that people have around their budget,
19:02
Speaker 1: is that they're going to sit down and they're going
19:04
Speaker 1: to be faced with the facts and they're going to
19:06
Speaker 1: be full of shame and guilt about where their money
19:08
Speaker 1: is going, and then the final result is going to
19:11
Speaker 1: be something that's really restrictive. That means that they can't
19:14
Speaker 1: spend their money on anything fun. But exactly like you're saying,
19:18
Speaker 1: that's not the case. If anything, it gives you more
19:21
Speaker 1: of an idea of where those money leaks are, and
19:24
Speaker 1: you're spending money on shit that you don't even use
19:26
Speaker 1: or want, and therefore freeze up money for things that
19:29
Speaker 1: you do actually want to do, all the things that
19:31
Speaker 1: you value in life, which could be savings or an
19:34
Speaker 1: emergency fund, or a deposit for a house or a
19:36
Speaker 1: holiday or your fun fund.
19:37
Speaker 3: Literally, yeah, it also.
19:40
Speaker 1: Really changed my spending, Like I really now look at
19:45
Speaker 1: everything because everything has a budget, everything has a cap
19:48
Speaker 1: everything has a thing that I'm like, Okay, that's how
19:50
Speaker 1: much I want to spend on it. That like when
19:53
Speaker 1: I'm going to go and buy something online, I'm.
19:55
Speaker 4: Like, that's like, that's like that whole that's like the
19:59
Speaker 4: whole all months budget on that one thing I really
20:02
Speaker 4: want that probably not. And I've started like really looking
20:07
Speaker 4: at investing and it's just so motivating.
20:10
Speaker 2: It makes me so like I get I get high,
20:13
Speaker 2: get excited. So here's a hack.
20:16
Speaker 4: We found a free budgeting tool that helps you spend
20:19
Speaker 4: less and save more. It's fined as Budget Planner, and
20:22
Speaker 4: it's literally free.
20:24
Speaker 2: You don't have to pay for anything.
20:26
Speaker 4: It's a free budget planner and it does everything for you.
20:30
Speaker 4: The budget literally breaks down all the categories of what
20:33
Speaker 4: goes into a budget for you, because I think that's
20:35
Speaker 4: the hardest part of building a budget is you go, wait,
20:37
Speaker 4: what do I put in here? And so now that
20:39
Speaker 4: you've got all the categories, you literally just have to
20:42
Speaker 4: put the number in.
20:43
Speaker 2: It's great, you just.
20:45
Speaker 4: Fill it in down the list and then it generates
20:47
Speaker 4: your budget for you. And then the budget will also
20:50
Speaker 4: spit out your surplus, which is.
20:52
Speaker 2: The money that you can spend on incidentals or like
20:54
Speaker 2: splurges or treat yourself moments.
20:57
Speaker 1: I also like it because it has like a little
20:59
Speaker 1: checklist down the box that teaches you how to do
21:01
Speaker 1: every step, because if you get to one and be like,
21:02
Speaker 1: I don't know what that is or I'm not sure
21:04
Speaker 1: how to calculate that, it literally just tells you how
21:06
Speaker 1: to do it, or like what you should include within
21:09
Speaker 1: that category like takeaway food or impulse spending or whatever
21:12
Speaker 1: it is. Yeah, and also in really easy to understand
21:15
Speaker 1: language too.
21:16
Speaker 3: Yeah, which is another.
21:17
Speaker 1: Thing that I love because sometimes it's not gonna be
21:19
Speaker 1: really daunting and overwhelming, but they kind of just say.
21:22
Speaker 3: It how it is exactly.
21:24
Speaker 4: It's literally just a no brainer and such an easy
21:27
Speaker 4: tool to use.
21:27
Speaker 3: And the cherry on top is that it's free.
21:30
Speaker 1: So many other budget trackers and planners come with a fee,
21:33
Speaker 1: which I also think is another reason why people don't.
21:36
Speaker 4: Yeah, h started one hundred percent, So we've left a
21:39
Speaker 4: link to it in the show notes, but yeah, check
21:42
Speaker 4: it out.
21:42
Speaker 1: Step four introduce friction to your spending. So, as we
21:48
Speaker 1: mentioned when we were talking about like cash list, verst cash,
21:51
Speaker 1: it is so easy to spend, and living in a
21:54
Speaker 1: digital world, I think it's part of it that convenience
21:57
Speaker 1: can seem really great, but really it really is opening
22:00
Speaker 1: up a lot of money leakages, or just opportunities for
22:03
Speaker 1: impulse spending. Number one, do a money digital detox, So
22:08
Speaker 1: remove your digital wallet from your phone, delete paid payment
22:12
Speaker 1: information that's saved in any of your favorite websites or
22:15
Speaker 1: online shopping accounts and browsers, and delete retail apps and
22:20
Speaker 1: unsubscribed for marketing emails.
22:22
Speaker 4: Also unfollow brands on social media. Like, if you need something,
22:27
Speaker 4: it will find.
22:28
Speaker 3: You because you will find it.
22:30
Speaker 2: You will find it, you know what I mean.
22:32
Speaker 4: Like, if you need a new pair of sneakers, your
22:36
Speaker 4: sneakers now will tell you that, not an Instagram reel,
22:40
Speaker 4: because your sneakers.
22:41
Speaker 2: Will be like, hey girl, where fucked? We don't work anymore?
22:46
Speaker 4: Like, and then you'll be like, I really should get
22:49
Speaker 4: a new pair of sneakers. Google you don't, like, you
22:53
Speaker 4: don't need the Internet to tell you what you need
22:55
Speaker 4: to buy. Yeah, absolutely, we can still find cool stuff
22:58
Speaker 4: to buy. Like, There's been so many things that I've found,
23:01
Speaker 4: like through social media, that I really really love, but
23:04
Speaker 4: there's also been a lot of things that I didn't
23:06
Speaker 4: need exactly.
23:08
Speaker 1: And it's just about adding that barrier to avoid some
23:11
Speaker 1: of those impulse shopping habits because I know, for me.
23:14
Speaker 1: If I'm scrolling online in bed and like looking at something,
23:18
Speaker 1: if I have to get up and go grab.
23:20
Speaker 2: My card, You're not getting it.
23:21
Speaker 3: It's probably not going You know what was.
23:23
Speaker 4: Really a really bad point in time at my spending life.
23:27
Speaker 2: I knew my card details off my heart.
23:30
Speaker 1: That's how much I would just buy shit. And I
23:34
Speaker 1: was like, and the fact that you know there's things
23:37
Speaker 1: like Apple Pay and you can just go and your
23:40
Speaker 1: address is already loaded in there, like that is not good.
23:44
Speaker 3: Yeah, exactly, Okay.
23:46
Speaker 1: Next one, create delay rules. Yeah, so you can kind
23:50
Speaker 1: of have fun with this and make it work for you.
23:52
Speaker 1: But for some examples, are you have to wait twenty
23:55
Speaker 1: four hours for purchases under one hundred dollars, you have
23:58
Speaker 1: to wait seventy two hours for purchases over.
24:01
Speaker 3: One hundred dollars.
24:02
Speaker 1: Or create a thirty day wish list so if you
24:05
Speaker 1: do come across things and you're like, oh, I do
24:07
Speaker 1: really want that, pop it in a notes app or
24:09
Speaker 1: write it down in a notebook. And then if you're
24:12
Speaker 1: doing a budget monthly, for example, at the end of
24:15
Speaker 1: the month, you can run through what was in your
24:16
Speaker 1: thirty day wish list and I bet you ten dollars
24:21
Speaker 1: that when you look through it, the majority of that
24:23
Speaker 1: shit you'll be waiting.
24:24
Speaker 2: I don't anymore. Seriously, I've realized it is because of.
24:26
Speaker 4: Like the app that I use Locker, So like when
24:29
Speaker 4: I see things that I like, I put it in there. Yeah,
24:31
Speaker 4: because it also tells me if they go on sale, right,
24:34
Speaker 4: and I'll get the sound notification and I go, yeah, bee, yeahie.
24:40
Speaker 1: If you hesitate and you see it on sale, you
24:43
Speaker 1: really don't yet it exactly and you know what again,
24:47
Speaker 1: it's this like snowball effect of good habits and good
24:51
Speaker 1: money habits because I realize.
24:55
Speaker 2: I really do imbolsement.
24:57
Speaker 4: I really do, and like the fact that like maybe
25:00
Speaker 4: if I I'm sure like some of these things, I
25:02
Speaker 4: would have bought and I would really like them.
25:04
Speaker 2: But it's even better not buying them and realizing I
25:08
Speaker 2: don't need them.
25:09
Speaker 4: Yeah, you know, like that's that's the better universe that
25:12
Speaker 4: I enjoy the multiverse of.
25:14
Speaker 2: My spending habits. Somewhere out there.
25:17
Speaker 4: She's rich somewhere out there in and old started investing
25:21
Speaker 4: when she was fifteen years old.
25:23
Speaker 3: She's a good girl. Yeah, exactly.
25:25
Speaker 2: She bought bitcoin.
25:28
Speaker 1: I saw somebody online said that their money rule is
25:31
Speaker 1: that when they go to buy something, they have to say,
25:35
Speaker 1: if it's three hundred dollars, they also have to put
25:37
Speaker 1: three hundred dollars in their savings our yeah, which is
25:43
Speaker 1: kind of similar to the mentality of if you can't
25:46
Speaker 1: buy it twice, you can't afford it.
25:48
Speaker 4: I do really like working out how much that would
25:51
Speaker 4: be in work hours. So if you earn fifty dollars
25:55
Speaker 4: an hour and you want to buy something that's two
25:57
Speaker 4: hundred dollars, that's four hours of work.
26:00
Speaker 3: Is that dress worth four hours of work?
26:04
Speaker 2: If it is studying? Amazing?
26:05
Speaker 1: Brave?
26:06
Speaker 2: If not?
26:07
Speaker 1: And then my next one is do a low or
26:09
Speaker 1: no spend challenge. There are so many different ones that
26:11
Speaker 1: you can do, but I think a good place to
26:14
Speaker 1: start is focusing on your problem areas. So, for example,
26:17
Speaker 1: if you buy coffee every single day, then your low
26:21
Speaker 1: spend challenge would be to make your coffee out home
26:23
Speaker 1: or no food delivery for a month or whatever. But
26:26
Speaker 1: there are a bunch of challenges out there, so some
26:28
Speaker 1: creators for inspiration.
26:30
Speaker 3: Emma Edwards.
26:31
Speaker 1: She just published The Wardrobe Project, which is a book
26:34
Speaker 1: where she talks about how she went a full year
26:36
Speaker 1: without buying new clothes, So that's nothing, no new items,
26:39
Speaker 1: no second hand, no rentals, no. But also but also
26:44
Speaker 1: buying clothes isn't necessarily my problem area. I don't actually
26:47
Speaker 1: spend that much money on clothes. It would be stuff
26:51
Speaker 1: like Uber eats. Previously it was coffees, and like rite
26:54
Speaker 1: share is definitely like so I'm like, I wouldn't want
26:58
Speaker 1: to because and I don't think I have like that
27:01
Speaker 1: kind of relationship with clothes. And then also Brooklyn aka Suoklan, Yeah,
27:06
Speaker 1: on TikTok, she challenged herself to only buy twelve things
27:10
Speaker 1: for a whole year, and she runs through all the
27:13
Speaker 1: different rules that she had within that.
27:15
Speaker 3: But yeah, I thought those.
27:16
Speaker 2: Were really cool too, love them.
27:18
Speaker 4: And then to wrap up the episode super quick one
27:22
Speaker 4: is turn fixed expenses into assets.
27:25
Speaker 2: So we're going to talk more about this in a
27:28
Speaker 2: real we have coming up that explains it a little
27:30
Speaker 2: bit better. But basically, all of your bills.
27:34
Speaker 4: Are like the most underused wealth tool you have in
27:38
Speaker 4: your arsenal. So like what I mean by this is
27:42
Speaker 4: that when you're paying the thousands of dollars that you
27:45
Speaker 4: are on bills, you should be making that money work
27:48
Speaker 4: harder for you, Like that money is moving away from you,
27:51
Speaker 4: you might as well make it move better.
27:54
Speaker 2: So ways that we're talking about doing this is.
27:56
Speaker 1: Like earning points on your bills, So like you can
27:59
Speaker 1: earn thelow city frequent flyer points or whatever points you
28:02
Speaker 1: use on things like your electricity or your insurance, and
28:06
Speaker 1: you earn points for that. There's also, you know, ways
28:09
Speaker 1: that you can hack it with credit cards if you
28:11
Speaker 1: have one of those.
28:12
Speaker 2: But it's about like getting.
28:14
Speaker 1: More bang for your buck and turning them into it.
28:16
Speaker 1: But we're gonna have a breakdown on how that works.
28:19
Speaker 1: But look into how you can maximize.
28:22
Speaker 3: That on expenses that you already have to make.
28:25
Speaker 4: Exactly, if you're going to be spending that money anyway,
28:28
Speaker 4: you might as well get something out of it, whether
28:30
Speaker 4: it's cash back, whether it's points, whether it's you know,
28:33
Speaker 4: credit history, you know whatever that is.
28:36
Speaker 3: Yeah, I like that. Yes, way to wrap up.
28:38
Speaker 2: The EPI exactly. Well, that's a wrap. Thank you so
28:42
Speaker 2: much for having us in your ear holes. Chicks, we
28:44
Speaker 2: love to be here.
28:46
Speaker 1: Thank you so much to find out for helping make
28:48
Speaker 1: this episode happen and also helping our audience win at money.
28:51
Speaker 1: Don't forget to compare and save on those bills. We
28:54
Speaker 1: will catch you in the next episode Chickies, Bye bye,
28:57
Speaker 1: love ya,