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FRIDAY DRINKS: What would you do with $1M? · She's On The Money

• 0:00
  Speaker 1: She's on the Money. She's on the Money.
• 0:23
  Speaker 2: Hello, and welcome to She's on the Money, the podcast
• 0:26
  Speaker 2: for millennials who want financial freedom. Welcome back to another
• 0:30
  Speaker 2: one of our Friday Drinks episodes where we remotely celebrate
• 0:34
  Speaker 2: the money wins and successes from our She's on.
• 0:36
  Speaker 3: The Money community.
• 0:38
  Speaker 2: We know that there is always so many great wins
• 0:40
  Speaker 2: in the community, and we talk about them each and
• 0:42
  Speaker 2: every single week in the team, so it only seems
• 0:45
  Speaker 2: fair to let you in on the conversation. This week,
• 0:48
  Speaker 2: I am only joined by Tony and Ryan.
• 0:50
  Speaker 4: Hi.
• 0:51
  Speaker 2: Friends, it's not it's not offensive, but Jess and Georgia
• 0:58
  Speaker 2: they were too busy for us.
• 1:00
  Speaker 3: Rude if you ask me.
• 1:01
  Speaker 5: I mean, there's just so much going on in Lockdown
• 1:04
  Speaker 5: that I understand why they're.
• 1:06
  Speaker 6: So busy, busy out and about living their best lives
• 1:09
  Speaker 6: running around down errands.
• 1:12
  Speaker 2: But we got the good ones, didn't we. It's true,
• 1:15
  Speaker 2: you guys are lucky. So let's jump straight in. Tony,
• 1:18
  Speaker 2: what was this week's money diary like?
• 1:21
  Speaker 5: So, we chatted with a young girl who's twenty two
• 1:24
  Speaker 5: and unfortunately her dad passed away quite suddenly, and she's
• 1:30
  Speaker 5: found out that she and her brother are about to
• 1:32
  Speaker 5: inherit one point five million dollars wo, so a crazy
• 1:37
  Speaker 5: amount of money, and she was kind of chatting about
• 1:40
  Speaker 5: how that's affected how she's feeling about money, and that
• 1:42
  Speaker 5: she's recently lost her job and stood up with her boyfriend,
• 1:45
  Speaker 5: so she's gone through heaps of life changes and she's
• 1:48
  Speaker 5: still super positive about where she wants to be and
• 1:51
  Speaker 5: what she wants to do. So it was quite a
• 1:53
  Speaker 5: cool money diary and a bit of a bit of
• 1:54
  Speaker 5: a different one talking about inheritance.
• 1:56
  Speaker 2: So and I loved her mindset as well. I just
• 1:59
  Speaker 2: thought that she was so positive having gone through so
• 2:02
  Speaker 2: many negative things. It was wild and also, I guess
• 2:05
  Speaker 2: kind of not funny. Funny is not the right word
• 2:08
  Speaker 2: to use here, but as a financial advisor, I talk
• 2:12
  Speaker 2: about money all the time, and I talk about you know,
• 2:14
  Speaker 2: life insurance.
• 2:15
  Speaker 3: Payouts and what that looks like.
• 2:17
  Speaker 2: And her and her brother were like, oh my gosh, wow,
• 2:19
  Speaker 2: like after it happened, like what happens if dad has
• 2:22
  Speaker 2: one hundred thousand dollars that comes to us, And they
• 2:24
  Speaker 2: thought that that would have been a lot. To then
• 2:26
  Speaker 2: find out it was one point five million dollars would
• 2:28
  Speaker 2: have been absolutely shocking, But is also a conversation that
• 2:32
  Speaker 2: I just feel like in a family you should have had,
• 2:35
  Speaker 2: Like I just feel like we should know what that
• 2:37
  Speaker 2: looks like. But that again personal opinion, And obviously she
• 2:40
  Speaker 2: wasn't as close with her dad and there was a
• 2:42
  Speaker 2: lot going on. But at the same time, like, that's
• 2:45
  Speaker 2: a lot of money to just come into with absolutely
• 2:48
  Speaker 2: no kind of warning.
• 2:50
  Speaker 6: Yeah, I think would a lot of us would hear
• 2:53
  Speaker 6: I suddenly came into this money and be like, oh
• 2:55
  Speaker 6: my god, this would be life changing.
• 2:57
  Speaker 4: But you obviously deal with this a lot.
• 2:58
  Speaker 6: Is there also like a st I don't know, guilt
• 3:02
  Speaker 6: or weirdness or obviously a bit more of that in
• 3:05
  Speaker 6: the episode, but just in general, is that a common trait?
• 3:09
  Speaker 2: Massive guilty is something that I work a lot on
• 3:11
  Speaker 2: with my clients. It is a very very big part
• 3:14
  Speaker 2: of inheritance or even just coming into a very large
• 3:17
  Speaker 2: sum of money. I feel like people just want to
• 3:20
  Speaker 2: do the right thing by it an honor the person
• 3:22
  Speaker 2: that it came from. But at the same time they
• 3:24
  Speaker 2: don't want to do quote, the wrong thing. So there's
• 3:27
  Speaker 2: a lot of guilt, a lot of pressure, a lot
• 3:28
  Speaker 2: of you know, direction from people who are surrounding them
• 3:31
  Speaker 2: that might not be the right thing for them, and
• 3:33
  Speaker 2: you just don't know who to seek for advice, and
• 3:36
  Speaker 2: you're really really terrified of making the wrong decisions. So, yes,
• 3:40
  Speaker 2: guilt is massive, but I think it's one of those
• 3:42
  Speaker 2: things where we shouldn't feel guilty about these things because
• 3:45
  Speaker 2: that's what that person would have wanted for you, Like,
• 3:47
  Speaker 2: it's the next best thing to having them there is
• 3:50
  Speaker 2: having them be able to financially look after you.
• 3:53
  Speaker 4: Yeah. Yeah, that's a really good way of looking at it.
• 3:56
  Speaker 4: So the deep die of this week.
• 3:58
  Speaker 2: It was a good It was actually definitely not what
• 4:01
  Speaker 2: anybody expected from the topic we were talking about. So
• 4:05
  Speaker 2: we were talking about retirement this week, and it kind
• 4:09
  Speaker 2: of went off track with me ranting about financial freedom
• 4:12
  Speaker 2: and what it means to create retirement and when we
• 4:15
  Speaker 2: can retire and how we can retire, and it was
• 4:18
  Speaker 2: I think a fun episode, mainly because I love talking
• 4:21
  Speaker 2: about investing and creating financial freedom and building up to
• 4:24
  Speaker 2: having a passive income so that you no longer have
• 4:26
  Speaker 2: to work. So I guess just breaking down the semantics
• 4:29
  Speaker 2: of that, like what does it mean, what does it
• 4:31
  Speaker 2: mean to invest more in your super when can you
• 4:33
  Speaker 2: access that? What is a pension. How much is a pension?
• 4:36
  Speaker 2: How much money do we actually need to save for retirement?
• 4:39
  Speaker 3: I feel like we covered.
• 4:40
  Speaker 2: A lot, but it was also at the same time
• 4:43
  Speaker 2: a really colorful conversation about what that means.
• 4:46
  Speaker 5: It was a really empowering one to listen to because
• 4:49
  Speaker 5: I'm twenty seven at the moment, so there's no part
• 4:53
  Speaker 5: of my brain that's thinking about retirement, and I think
• 4:56
  Speaker 5: just to know the things that I can actually do
• 4:59
  Speaker 5: that I'm going to make that much of a difference
• 5:01
  Speaker 5: to my life now, but that can really influence the
• 5:04
  Speaker 5: way that I live in the future. And I think
• 5:06
  Speaker 5: it's just one of those great opportunities that you, Victoria
• 5:10
  Speaker 5: have used to share how you can be empowered by
• 5:14
  Speaker 5: knowledge and how making little changes can fully change your life,
• 5:17
  Speaker 5: which is awesome.
• 5:19
  Speaker 2: Yay, Well, I loved that episode. So moving on from
• 5:23
  Speaker 2: the episodes this week to the community, Ryan John, what
• 5:26
  Speaker 2: are our community money wins of the week?
• 5:29
  Speaker 4: All right, now, Jess, not our jests, A different Jess.
• 5:32
  Speaker 3: She has said didn't come today.
• 5:34
  Speaker 4: She didn't turn up. She's manifesting Facebook marketplace wins.
• 5:37
  Speaker 2: But it's probably what she's doing that is arguably more
• 5:39
  Speaker 2: than another jest.
• 5:41
  Speaker 6: I'm going to leave this one to the end, but
• 5:43
  Speaker 6: let me just read out this line. Victoria, You're gonna
• 5:47
  Speaker 6: love this. This is the best win you will ever hear.
• 5:50
  Speaker 6: It is made for you.
• 5:52
  Speaker 2: Oh my gosh, I know what it's about. I haven't
• 5:54
  Speaker 2: read it, but it's probably pets, oat milk or anything vegan.
• 6:00
  Speaker 6: No, but when you hear it, you'll be You'll go, yeah,
• 6:04
  Speaker 6: I agree with you. But we'll get to that in
• 6:05
  Speaker 6: a second. Now, this is one of my favorites. Maybe
• 6:07
  Speaker 6: not the biggest financial win, but probably one of the
• 6:10
  Speaker 6: more fun money wins I've ever read since I've been working.
• 6:15
  Speaker 4: Yeah, it is money.
• 6:16
  Speaker 3: Wind has big shoes to fill.
• 6:19
  Speaker 6: Prentisia says, wearing a mask all day means I only
• 6:23
  Speaker 6: need to put makeup on the top half of my face, Queen,
• 6:27
  Speaker 6: so I'm using less product and saving an absolute fortune.
• 6:31
  Speaker 4: I'm only wearing makeup from the nose up.
• 6:35
  Speaker 3: I'm working from home and wearing non.
• 6:39
  Speaker 4: Alright. Osti says, I'm a single mum.
• 6:42
  Speaker 6: I've got three teenage children, and I've finally finished my
• 6:47
  Speaker 6: degree after five and a half years and a seven
• 6:49
  Speaker 6: week brack. I'm working this week as a fully paid teacher.
• 6:54
  Speaker 6: I am so proud of myself and.
• 6:59
  Speaker 4: That is huge.
• 6:59
  Speaker 6: And going through university whilst you've got three teenage children,
• 7:03
  Speaker 6: that is impressive.
• 7:06
  Speaker 3: What a legend. How exciting is that?
• 7:09
  Speaker 7: That's awesome.
• 7:10
  Speaker 6: Sierra also has an educational story. She's just started her
• 7:15
  Speaker 6: UNI degree, but she said money Win. I've now got
• 7:17
  Speaker 6: the student Amazon Prime discount and the student Spotify as well,
• 7:21
  Speaker 6: plus free bank accounts Student Moneywin.
• 7:24
  Speaker 5: Make sure you sign up to Student Edge as well
• 7:26
  Speaker 5: if you're in Australia. Is that still a thing Uni days?
• 7:29
  Speaker 3: Yeah?
• 7:29
  Speaker 2: Genius, and I'm pretty sure that through your university, Microsoft
• 7:33
  Speaker 2: give you the free Office Suite as well, which is
• 7:36
  Speaker 2: worth so much money, so get that.
• 7:39
  Speaker 7: And also Apple do student discounts as well. They've got
• 7:42
  Speaker 7: educational discounts.
• 7:44
  Speaker 3: Ryan John's are students that I'm a student.
• 7:48
  Speaker 4: This is fantastic.
• 7:49
  Speaker 7: That's all iPods.
• 7:51
  Speaker 4: Watch this space, need some new air pods.
• 7:54
  Speaker 3: Maybe we should ask Ryan to hook us up.
• 7:56
  Speaker 7: No, I want an iPod?
• 7:58
  Speaker 3: Okay do they still sell I hold it so? Well?
• 8:02
  Speaker 4: Hey, do you guys want to know something scary?
• 8:04
  Speaker 6: What if you guys, instead of buying an iPod when
• 8:08
  Speaker 6: they came out in two thousand and three, I know
• 8:10
  Speaker 6: we're going.
• 8:11
  Speaker 7: With our stone Actually, can you not tell me?
• 8:14
  Speaker 3: Tell us?
• 8:15
  Speaker 4: So they came out in about two thousand and three.
• 8:17
  Speaker 4: I think we're like six.
• 8:18
  Speaker 7: Hundred dollars so expensive.
• 8:21
  Speaker 6: So instead of spending six hundred dollars on the first
• 8:24
  Speaker 6: ever Apple iPod, if you instead put that six hundred
• 8:28
  Speaker 6: dollars into shares in Apple itself, the company instead of
• 8:31
  Speaker 6: the product, that would now be worth over eighty thousand
• 8:36
  Speaker 6: dollars from the original six hundred dollars.
• 8:39
  Speaker 2: In buy you a lot of iPods nowadays, you're like
• 8:43
  Speaker 2: four nice gratification if I heard of it.
• 8:49
  Speaker 6: But I'll put a thread in the Facebook group if
• 8:51
  Speaker 6: anyone wants to use me as a student discount.
• 8:53
  Speaker 4: Just put a list below.
• 8:54
  Speaker 7: Yeah, I love that.
• 8:55
  Speaker 4: I'll go through.
• 8:56
  Speaker 6: You know we've stumbled upon this, so I'm going to
• 8:59
  Speaker 6: skip forward to the greatest money we in according to
• 9:01
  Speaker 6: Jess herself, because it's sort of related to what we're
• 9:03
  Speaker 6: talking about. I'm on Jess, She says, Victoria, You're gonna
• 9:07
  Speaker 6: love this. It involves both skincare okay and investing.
• 9:12
  Speaker 2: Oh yeah, I can't even believe I didn't suggest skincare earlier.
• 9:15
  Speaker 3: Who am I?
• 9:16
  Speaker 7: Both those things to mind on our money podcast.
• 9:22
  Speaker 3: I'm not even that into investing.
• 9:24
  Speaker 6: For a few years now, I've owned shares in Suken.
• 9:27
  Speaker 6: Have I pronounced that right? Yeah, perfectly, because I love
• 9:30
  Speaker 6: their products and I also really respect their company values.
• 9:33
  Speaker 6: And as a shareholder, you also get a unique discount
• 9:36
  Speaker 6: code to use whenever you make a purchase on their website.
• 9:39
  Speaker 6: Side note, it's actually the best performing stock I've ever
• 9:42
  Speaker 6: bought into, and my dad is still super proud and
• 9:44
  Speaker 6: impressed with me. So last week I ran out of
• 9:48
  Speaker 6: moisturizer and I had a look on their website. There
• 9:50
  Speaker 6: was a sale on the website, so I asked my
• 9:52
  Speaker 6: whole family what they wanted. So I used the sale
• 9:54
  Speaker 6: discount plus my investors discount and got over three hundred
• 9:59
  Speaker 6: dollars worth of soup and products for a hundred bucks.
• 10:02
  Speaker 3: Got some money, whin.
• 10:03
  Speaker 6: That's like, guys, someone's a financial god.
• 10:12
  Speaker 7: You're so good at money.
• 10:15
  Speaker 4: Awards.
• 10:17
  Speaker 3: I can teach you later.
• 10:19
  Speaker 6: But it's actually the concept of, well, if this is
• 10:22
  Speaker 6: popular and everyone's enjoying it, that's got to growing customer base.
• 10:24
  Speaker 6: Maybe that is worth a consideration of your investment. Obviously,
• 10:27
  Speaker 6: we can't recommend specific things, but that's worked.
• 10:29
  Speaker 4: Out really good. Ryan. Ryan recommends that I'm not a
• 10:32
  Speaker 4: financial advizz. I'm not buoyed by anything. Get into it, folks.
• 10:38
  Speaker 3: She's a good idea, according to Ryan John.
• 10:41
  Speaker 4: Yeah all right.
• 10:42
  Speaker 6: Artie is of Indian descent, and she said that they
• 10:46
  Speaker 6: had racky and sorry if I have pronounced that wrong,
• 10:49
  Speaker 6: it's akh i, which is an Indian tradition with her family,
• 10:53
  Speaker 6: and cure, which is really nice. She said, what happens
• 10:57
  Speaker 6: with the females in the family is we tie these
• 11:00
  Speaker 6: anti bits of string, all these little bands onto our
• 11:02
  Speaker 6: brother's wrists, and that's our way of showing that we
• 11:04
  Speaker 6: love them as part of this consition. But she said,
• 11:07
  Speaker 6: the way for the brothers to show the sisters they
• 11:09
  Speaker 6: love them is to give them money.
• 11:13
  Speaker 7: Is being a.
• 11:14
  Speaker 4: Woman, I know, right, I mean, Ryan, you've never.
• 11:16
  Speaker 7: Given us any money.
• 11:19
  Speaker 3: I'll give you a piece of string if you pay me.
• 11:22
  Speaker 6: Thank you, all right. I'll keep that in mind as
• 11:24
  Speaker 6: an investment option for my future. But Artie said, the
• 11:27
  Speaker 6: good thing is she has six brothers. She said, in
• 11:31
  Speaker 6: exchange for six pieces of string, I'm one hundred and
• 11:33
  Speaker 6: thirty pounds richer, and I'm calling it.
• 11:37
  Speaker 4: The sister tack.
• 11:38
  Speaker 6: So I'm just wondering around my brother's place with my
• 11:41
  Speaker 6: handout collecting for racky.
• 11:42
  Speaker 4: So well done.
• 11:43
  Speaker 3: She's a genius.
• 11:44
  Speaker 6: She's a genius. Quick one from Amy. She asked her
• 11:46
  Speaker 6: boss for a pay rise of twenty two percent and
• 11:48
  Speaker 6: he said sure. She said, oh sure, sure, just take it.
• 11:54
  Speaker 7: Wow, congratulations, well.
• 11:56
  Speaker 4: Done, Amy.
• 11:56
  Speaker 2: Hold up, Amy, we need some more context. How did
• 11:59
  Speaker 2: you do it? Because they're are a lot of us
• 12:00
  Speaker 2: who want a twenty two pay increase.
• 12:03
  Speaker 6: Well, I'll reply to her in the comments in the
• 12:05
  Speaker 6: Facebook group and yeah, if you've got any insights, Amy.
• 12:07
  Speaker 6: But I think if there's one thing that is the
• 12:10
  Speaker 6: case for everyone, if you don't ask, you probably won't get.
• 12:13
  Speaker 6: So even if you had to said no, at least
• 12:15
  Speaker 6: you find out. Hannah said, I did some gardening recently
• 12:18
  Speaker 6: and I trimmed these massive cac die that I have
• 12:20
  Speaker 6: outside of my house, which.
• 12:22
  Speaker 4: Actually look phenomenal.
• 12:23
  Speaker 6: I didn't realize that suburban Australia just had huge cactuses
• 12:26
  Speaker 6: out the front.
• 12:27
  Speaker 3: But if you edit that's not out, Tony, You're going
• 12:30
  Speaker 3: to be in a hole.
• 12:31
  Speaker 4: Tony is like losing what's going on to I just do?
• 12:35
  Speaker 5: He said, I can't believe that in suburban Australia we
• 12:37
  Speaker 5: have cactuses like Okay.
• 12:39
  Speaker 6: Why I just haven't seen many cactuses on the side
• 12:42
  Speaker 6: of the rye. Sorry cack die well anyway, Oh, the
• 12:46
  Speaker 6: grammar police are into I heaven't forbid all right. Well,
• 12:49
  Speaker 6: Hannah said that she cut the cuttings off, that you
• 12:52
  Speaker 6: need to give him a trim. She sold the cuttings
• 12:54
  Speaker 6: for four hundred dollars on Facebook marketplace. And what's crazy
• 12:57
  Speaker 6: about this is she obviously still has the diet. They
• 13:00
  Speaker 6: were just off cuts.
• 13:01
  Speaker 7: I could be sitting on four hundred dollars in my
• 13:04
  Speaker 7: back garden.
• 13:04
  Speaker 4: Guys, You're definitely not.
• 13:08
  Speaker 3: How do you know I probably wouldn't be sitting on it.
• 13:10
  Speaker 3: It's a cactus.
• 13:13
  Speaker 6: All our final money win is Ashley and I love this. Actually,
• 13:18
  Speaker 6: I signed up for a seven day free trial with
• 13:20
  Speaker 6: a new Paramount Plus streaming service. I don't know if
• 13:22
  Speaker 6: anyone else has seen a lot of those ads around
• 13:23
  Speaker 6: at the moment.
• 13:26
  Speaker 5: Paramount Plus they advertised it a lot during the Olympics,
• 13:31
  Speaker 5: so I never watched free to air TV ever because
• 13:35
  Speaker 5: I'm a millennial, and during the Olympics, so the only
• 13:40
  Speaker 5: time I'm ever going to watch TV every four years,
• 13:42
  Speaker 5: and they were advertising a Heaps that and this Woolworths
• 13:45
  Speaker 5: at that had this like really catchy jingle.
• 13:47
  Speaker 2: Was like, I've always seen that, but I absolutely hadn't
• 13:52
  Speaker 2: considered it because I'm like a Netflix gal through and
• 13:55
  Speaker 2: through and it's not like they're going to advertise paramount
• 13:58
  Speaker 2: on Netflix exactly true.
• 14:00
  Speaker 6: I just keep thinking, how many can we have? How
• 14:02
  Speaker 6: many streaming services can we pay for it?
• 14:04
  Speaker 4: I can't afford this well, Ashley said.
• 14:09
  Speaker 6: I got the seven day free trial because I really
• 14:11
  Speaker 6: wanted to watch this new film that I wanted sea
• 14:13
  Speaker 6: called Infinite. After watching the film, I really enjoyed it,
• 14:16
  Speaker 6: realized there was nothing else I wanted to watch. Canceled
• 14:19
  Speaker 6: at the same day, didn't pay a CET and got
• 14:20
  Speaker 6: a free movie.
• 14:22
  Speaker 7: Jeanie, that's so smart, right?
• 14:24
  Speaker 4: Can I give you a business pitch real quick?
• 14:26
  Speaker 3: Yes?
• 14:26
  Speaker 6: Of course it probably exists, but it's an app that
• 14:29
  Speaker 6: gives you notifications to say, hey, your free trials about
• 14:32
  Speaker 6: to end. If you don't want to pay, press this button.
• 14:35
  Speaker 7: Well you okay, get reminded.
• 14:36
  Speaker 3: I was literally going to say, is that not what
• 14:38
  Speaker 3: you could put our friends? Get reminded of that?
• 14:40
  Speaker 6: To useful Ryan Get reminded one of the great websites
• 14:43
  Speaker 6: and great partners. If she's on the money, go check
• 14:45
  Speaker 6: them out.
• 14:46
  Speaker 5: Another great thing to invest money. And don't know if
• 14:48
  Speaker 5: they're public but.
• 14:50
  Speaker 2: Public, but when they are, you just believe they're going
• 14:53
  Speaker 2: to save me a lot of money.
• 14:54
  Speaker 7: And we're going to be able to buy so many iPods.
• 14:57
  Speaker 3: Oh my gosh, we are because they're going to be
• 14:59
  Speaker 3: remind and did to buy.
• 15:03
  Speaker 2: But talking about ads to completely derail this topical this
• 15:07
  Speaker 2: week the Quantus ad who's seen it?
• 15:10
  Speaker 7: I won't watch it? You won't watch it?
• 15:12
  Speaker 5: No, because I cry all the time whenever I watched
• 15:15
  Speaker 5: free to air TV.
• 15:16
  Speaker 7: All the ads make me cry.
• 15:17
  Speaker 5: Last night sat on the couch and thought, I'm going
• 15:19
  Speaker 5: to watch that Quantus at and then I thought, you
• 15:21
  Speaker 5: know what, I don't think my mental health can take
• 15:23
  Speaker 5: that at the moment.
• 15:23
  Speaker 6: Yeah, I'm on the edge of mental health and I'm like,
• 15:26
  Speaker 6: why would I push myself off?
• 15:27
  Speaker 4: Yeah.
• 15:29
  Speaker 2: So it turns out I'm the only one that's cried
• 15:31
  Speaker 2: to this week. Welcome it's a pro vaccination about coming
• 15:36
  Speaker 2: together and.
• 15:37
  Speaker 3: It was all just a little bit much for me yesterday.
• 15:40
  Speaker 6: They've also come out and said, yeah, if you get vaccinated,
• 15:43
  Speaker 6: we can give you like some extra Quantus points or
• 15:45
  Speaker 6: some flight credits, and I'm like, hey, cool, Like I
• 15:47
  Speaker 6: get it, but also like, flights are the last thing
• 15:50
  Speaker 6: on my mind right now.
• 15:51
  Speaker 3: It's not the last thing on their mind.
• 15:53
  Speaker 2: Their stock price will plummet if you don't start caring
• 15:56
  Speaker 2: about them.
• 15:57
  Speaker 4: But I get My whole point is I just want
• 15:58
  Speaker 4: to be able to go down the street.
• 16:00
  Speaker 6: The thought of flying to another state at this stage
• 16:02
  Speaker 6: is just so far in the future.
• 16:05
  Speaker 4: It just it's hard to really fathom.
• 16:07
  Speaker 3: That's why they're trying to stay relevant.
• 16:08
  Speaker 4: Ryan. Yeah, yeah, I mean good for them.
• 16:11
  Speaker 5: And they're priming us with emotion, getting us while we're
• 16:14
  Speaker 5: down right now, and then in the future when we
• 16:17
  Speaker 5: are able to fly again, we'll be like remember that
• 16:20
  Speaker 5: really beautiful ad that we watched what we were in lockdown?
• 16:24
  Speaker 2: Yeah, Well, did you actually know that you can donate
• 16:26
  Speaker 2: your concous points if you're not going to use them
• 16:28
  Speaker 2: at miles for migrants. I don't know if you guys
• 16:31
  Speaker 2: have seen that, but if you're not using your Quantus points,
• 16:34
  Speaker 2: you can donate it to Afghanistan to get people out
• 16:37
  Speaker 2: of the country, which I think is epic because not
• 16:39
  Speaker 2: all of us have cash at the moment to donate.
• 16:42
  Speaker 2: You can actually donate those contous points you're not using,
• 16:44
  Speaker 2: Ryan John.
• 16:45
  Speaker 6: All right, well, now I feel really bad for everything
• 16:47
  Speaker 6: I've just said. But what I will do because I
• 16:49
  Speaker 6: do have a lot of quantus.
• 16:52
  Speaker 2: Points flex if ever I heard it?
• 16:55
  Speaker 7: Have you got a few quantus points?
• 16:57
  Speaker 2: Well?
• 16:57
  Speaker 6: I used to travel to Perth every third week. Yes,
• 17:00
  Speaker 6: I do have a lot of points, and I haven't
• 17:04
  Speaker 6: been able to use them because we haven't flown anywhere
• 17:06
  Speaker 6: for such a long time.
• 17:07
  Speaker 7: So now that's a really nice initiative.
• 17:09
  Speaker 6: No, that's good because I can do something like I'm
• 17:11
  Speaker 6: literally sitting on these points with like they're kind of useless.
• 17:14
  Speaker 4: So now they're the opposite of useless, really, aren't they right?
• 17:17
  Speaker 3: They're actually really cool.
• 17:18
  Speaker 2: I think they're really fun. And it's not just conscious
• 17:20
  Speaker 2: points you can donate. You can donate pretty much any
• 17:22
  Speaker 2: Airlines points to them so that they can use them,
• 17:25
  Speaker 2: which I think is epic.
• 17:26
  Speaker 6: So I just found the website. It is milesfomigarants dot org.
• 17:30
  Speaker 6: So go and check that out. I know I will
• 17:32
  Speaker 6: be up next. I've got a quiz for you guys,
• 17:34
  Speaker 6: and also a quiz for people listening to play along
• 17:37
  Speaker 6: too as well. It is called the what do Australians
• 17:40
  Speaker 6: do when they win the Lotto Quiz?
• 17:42
  Speaker 4: Oh? I love that.
• 17:43
  Speaker 3: Let's go all right, Ryan?
• 17:49
  Speaker 2: You promised Tony and I a quiz about what Australians
• 17:53
  Speaker 2: do with their lotto winnings.
• 17:55
  Speaker 3: Can we please play?
• 17:56
  Speaker 6: Absolutely, They've surveyed only the people who have won Division one,
• 18:01
  Speaker 6: so not like twenty dollars back.
• 18:03
  Speaker 4: Like a million dollar plus right up there. So I've
• 18:06
  Speaker 4: got a little quiz.
• 18:07
  Speaker 6: But before we get into that, Victoria divine Ryan, if
• 18:12
  Speaker 6: you won the lotto.
• 18:13
  Speaker 3: Well, come on, you know the answer to this?
• 18:16
  Speaker 4: What would you do?
• 18:16
  Speaker 3: I'd invest it? How much am I going to win?
• 18:18
  Speaker 4: Though, let's just say a million, just for fun.
• 18:21
  Speaker 2: Just a million dollars? Yeah, I'd invest it.
• 18:23
  Speaker 4: You invest it? Which would much change of your life
• 18:27
  Speaker 4: or lifestyle? No?
• 18:28
  Speaker 2: I wouldn't change a thing if it was a million dollars,
• 18:30
  Speaker 2: wouldn't change a thing.
• 18:31
  Speaker 3: And do you know why You've got to ask me why?
• 18:33
  Speaker 3: I come on now?
• 18:34
  Speaker 4: Why?
• 18:34
  Speaker 2: Because I'm only thirty and by the time that I've
• 18:37
  Speaker 2: reached what like, let's say sixty, which is average retirement age,
• 18:43
  Speaker 2: that one million dollars would be worth nearly five million.
• 18:45
  Speaker 2: So who's the real winner here? Because I have long
• 18:48
  Speaker 2: term gratification on my side.
• 18:50
  Speaker 4: Well, you just won the lotto, so no one was
• 18:52
  Speaker 4: gonna say you weren't the winner.
• 18:53
  Speaker 3: But that is a good, true, very true.
• 18:55
  Speaker 4: And what would you do with five million as a
• 18:56
  Speaker 4: sixty year.
• 18:57
  Speaker 3: Old retire with a really good income.
• 19:00
  Speaker 4: You'd hope.
• 19:01
  Speaker 3: So, yeah, you'd hope. So I feel like a million dollars.
• 19:04
  Speaker 2: It's kind of like I talk to people all the
• 19:06
  Speaker 2: time that come into that amount of money, and you
• 19:09
  Speaker 2: can do a lot with it if you invest it,
• 19:11
  Speaker 2: but if you go and purchase like a property or something,
• 19:13
  Speaker 2: you're still stuck with a fair bit of debt that
• 19:15
  Speaker 2: you need to pay off, and like it doesn't actually
• 19:17
  Speaker 2: appreciate in the way that you would want it to.
• 19:20
  Speaker 3: Anyway.
• 19:20
  Speaker 2: I'm really dramatic when it comes to stuff like that,
• 19:22
  Speaker 2: But I would prefer to secure an income stream for
• 19:24
  Speaker 2: myself in perpetuity so forever, rather than just have a
• 19:28
  Speaker 2: million dollars today that I could absolutely blow and then
• 19:31
  Speaker 2: have to work. I want to put myself as soon
• 19:33
  Speaker 2: as possible in a position where I never have to
• 19:35
  Speaker 2: work again, and I'm not saying because I don't love
• 19:38
  Speaker 2: what I do I do, but like, how cool would
• 19:40
  Speaker 2: it be the day Tony I come to work and be.
• 19:42
  Speaker 3: Like, hey Tony, Hey, Ryan, I no.
• 19:44
  Speaker 2: Longer take an income because I don't need it. Like
• 19:46
  Speaker 2: how sick would that be to be able to donate
• 19:49
  Speaker 2: it or do something more constructive with it.
• 19:51
  Speaker 3: Than pay my bills.
• 19:54
  Speaker 6: Well, I regret asking Victoria before Tony because I feel
• 19:57
  Speaker 6: like that was a very sensible, logical answer.
• 20:00
  Speaker 4: But you will always for me.
• 20:02
  Speaker 3: Tony also division.
• 20:05
  Speaker 4: Because she doesn't have the freedom to go on it
• 20:07
  Speaker 4: works for.
• 20:08
  Speaker 3: She's on the money.
• 20:08
  Speaker 2: Because you best believe the second she walks into work
• 20:11
  Speaker 2: and says I've won a million dollars, I'll be like,
• 20:12
  Speaker 2: sit down, See.
• 20:14
  Speaker 7: That's what I think.
• 20:16
  Speaker 5: A million dollars actually isn't that much money nowadays.
• 20:20
  Speaker 3: I mean, it's life changing, but it's not.
• 20:23
  Speaker 5: Yeah, it's life changing, like in the way that, yes,
• 20:25
  Speaker 5: it would give you so much freedom to invest it
• 20:28
  Speaker 5: or whatever.
• 20:30
  Speaker 7: But if you could see that money then in the future,
• 20:32
  Speaker 7: I think that is the best option.
• 20:33
  Speaker 5: But I mean, if you're talking that I've just won
• 20:36
  Speaker 5: eighty million dollars, then you best a different story. Yeah,
• 20:39
  Speaker 5: you best believe I'm going to go and get myself
• 20:41
  Speaker 5: a brain new car. The thing that I've always said
• 20:44
  Speaker 5: that if I ever won Lotto or was like a
• 20:46
  Speaker 5: billion air, I would get fresh flowers sent to me
• 20:50
  Speaker 5: and all my friends every week.
• 20:52
  Speaker 2: Oh my gosh, I love that because I love fresh flowers.
• 20:56
  Speaker 7: They're my favorite thing in the world.
• 20:58
  Speaker 2: You absolutely could afford that, because I'm assuming before you
• 21:01
  Speaker 2: set up that fresh flour delivery, you're gonna come and
• 21:04
  Speaker 2: see me, because I would be your self appointed financial
• 21:06
  Speaker 2: advisor obviously, and then.
• 21:08
  Speaker 7: You want to cut my eighty meal exactly basically, and.
• 21:12
  Speaker 2: Then I would take that entire eighty million dollars and
• 21:14
  Speaker 2: invest it, obviously conservatively, so we're only looking at like
• 21:18
  Speaker 2: five percent return because like we don't want to be
• 21:20
  Speaker 2: too wild. And once you have wealth, the point of
• 21:23
  Speaker 2: having wealth is actually keeping it, not being risky with it.
• 21:25
  Speaker 2: So you're still with me, Tony. We would create an
• 21:29
  Speaker 2: income stream for you each and every single year of
• 21:30
  Speaker 2: four million dollars and then it would be your job
• 21:32
  Speaker 2: to spend that and it would never go away, like
• 21:34
  Speaker 2: that would exist forever.
• 21:36
  Speaker 7: Okay, well, that's so many flowers.
• 21:38
  Speaker 4: That's so many flowers.
• 21:40
  Speaker 2: See, Like, let me set you up at the start,
• 21:42
  Speaker 2: and then you go buy your flowers.
• 21:44
  Speaker 3: Because that's fine.
• 21:44
  Speaker 2: I'll let you blow literally four million dollars a year
• 21:47
  Speaker 2: as long as you don't eat into that eighty million
• 21:49
  Speaker 2: dollars and we're all good.
• 21:51
  Speaker 3: We're all good.
• 21:51
  Speaker 7: Great, that's a great deal.
• 21:52
  Speaker 3: Don't say I don't do anything for it.
• 21:54
  Speaker 7: So where's the money? So someone giving me the eighty
• 21:56
  Speaker 7: million dollars.
• 21:57
  Speaker 3: You still got to win, so okay, yeah, but.
• 22:00
  Speaker 4: The chance pretty good, about one in four I think
• 22:02
  Speaker 4: for the winning.
• 22:03
  Speaker 3: Yeah, So Roan, why can't you tell us about some
• 22:05
  Speaker 3: my actual people who have won the lot of All?
• 22:07
  Speaker 4: Right, here it is. You guys have to both lock
• 22:09
  Speaker 4: in your answer before I.
• 22:10
  Speaker 3: Tell you what the queets the quiz. I'm ready.
• 22:13
  Speaker 6: What percentage do you guys think helped out friends or
• 22:17
  Speaker 6: family with money?
• 22:20
  Speaker 3: Sixty five?
• 22:21
  Speaker 4: Sixty five percent?
• 22:22
  Speaker 7: I reckon it's a lot. I reckon a lot of
• 22:24
  Speaker 7: people would Victoria.
• 22:26
  Speaker 3: I am going to say half.
• 22:29
  Speaker 6: The answer is fifty five percent, So Victoria is the
• 22:32
  Speaker 6: closest well done to.
• 22:33
  Speaker 3: But I do like that we think they are.
• 22:37
  Speaker 4: That's still pretty high, though, I think more than half.
• 22:40
  Speaker 3: More than half.
• 22:40
  Speaker 6: That's all right, What percentage do you think donated to
• 22:45
  Speaker 6: charity ten v fifteen?
• 22:49
  Speaker 4: Only eight percent?
• 22:51
  Speaker 7: Yeah, that's not that surprising.
• 22:53
  Speaker 6: I don't think I was really surprised when I saw that.
• 22:56
  Speaker 6: I assumed it'd be way high. And that's not all
• 22:57
  Speaker 6: of it, that's just some portion. Only eight percent donated
• 23:01
  Speaker 6: a portion.
• 23:02
  Speaker 4: How cool the winning? Do you know?
• 23:03
  Speaker 2: What is so cool about charity is that if you
• 23:06
  Speaker 2: have a significant amount of money that you want to
• 23:08
  Speaker 2: set up in exactly the same way as investing, you
• 23:10
  Speaker 2: can create some form of trust for a charity that
• 23:13
  Speaker 2: actually continually gives to that charity to create sustainability for them.
• 23:16
  Speaker 2: Instead of just being like, hey, here's a million dollars,
• 23:19
  Speaker 2: like someone passed away and we want it to go
• 23:21
  Speaker 2: to the greater goods, spend that million dollars, like you
• 23:23
  Speaker 2: can actually invest that million dollars or stipulate when donating
• 23:27
  Speaker 2: it that it needs to be invested in perpetuity so
• 23:29
  Speaker 2: that you actually create a fund for them so that
• 23:32
  Speaker 2: they create sustainability. And I think that that is really
• 23:35
  Speaker 2: cool and something that a lot of people don't know.
• 23:37
  Speaker 5: Even the fact that donations are often tax deductible over
• 23:41
  Speaker 5: a certain amount, and yeah they are, so it actually,
• 23:44
  Speaker 5: you know, you get a little bit of money back,
• 23:46
  Speaker 5: you get to feel good about it.
• 23:48
  Speaker 6: Everyone's went not seeing Yes, what percentage of people either
• 23:52
  Speaker 6: change jobs or put themselves down to like part time
• 23:56
  Speaker 6: or adjusted their job eighty Victoria, Oh, fifty fifty because
• 24:04
  Speaker 6: I thought that would be high, because yeah, maybe if
• 24:07
  Speaker 6: you don't have to work hard for that extra bit,
• 24:09
  Speaker 6: you might do a job that maybe means a bit
• 24:12
  Speaker 6: more to you rather than pays you more or gives
• 24:14
  Speaker 6: you those kind of options. Surprisingly, only five percent change
• 24:19
  Speaker 6: jobs or reduce their hours.
• 24:21
  Speaker 3: No, are you joking?
• 24:23
  Speaker 2: Five percent? Where are you getting your research from? I'm
• 24:25
  Speaker 2: starting to doubt it validity there?
• 24:28
  Speaker 4: The article is online at news dot com dot are
• 24:30
  Speaker 4: you where I read this? Oh?
• 24:31
  Speaker 7: Yeah, advocates.
• 24:34
  Speaker 4: Two advocate Finance department. All right, here is a multiple choice.
• 24:40
  Speaker 6: Which was the highest category, as like, the highest percent
• 24:43
  Speaker 6: of these people putting money into their current or future house.
• 24:47
  Speaker 6: And by that I mean paying off either the mortgage
• 24:49
  Speaker 6: that they've got or using the money to buy a
• 24:51
  Speaker 6: house for themselves.
• 24:52
  Speaker 4: So that's category one. Property. The next category is investments, well.
• 24:57
  Speaker 2: Like investment property or just investment.
• 25:01
  Speaker 6: Just said investments anyway that they can put money into
• 25:03
  Speaker 6: something that will pay off a dividends in the future.
• 25:06
  Speaker 6: And the third category is a new car. So which
• 25:09
  Speaker 6: do you think was the most popular?
• 25:10
  Speaker 7: See the Carny's.
• 25:12
  Speaker 4: Saying car Victoria.
• 25:13
  Speaker 6: Device, I'm also saying car, the new car. Eleven percent
• 25:18
  Speaker 6: of people bought a new car. What forty one put
• 25:21
  Speaker 6: it into property, But sixty one percent got investments with
• 25:25
  Speaker 6: their winnings. And that was the highest thing that anyone did.
• 25:28
  Speaker 7: Do you know why I reckon that is?
• 25:30
  Speaker 4: Okay? So I was obviously right that she's on the
• 25:32
  Speaker 4: money about I.
• 25:33
  Speaker 7: Listened to She's on the money.
• 25:34
  Speaker 2: I am really doubtful of these statistics, just from anecdotal
• 25:38
  Speaker 2: evidence that I've collected over the last seven years, just saying,
• 25:42
  Speaker 2: do you.
• 25:42
  Speaker 5: Think though that it would be a lot of people
• 25:44
  Speaker 5: would invest and it would be the first time that
• 25:46
  Speaker 5: they did, because when people win that much money, it's
• 25:50
  Speaker 5: the first time they've ever.
• 25:52
  Speaker 7: Consulted with someone like a financial advice.
• 25:54
  Speaker 2: It's true, It's true, And I think that I maybe
• 25:57
  Speaker 2: being a little bit more negative because often I just
• 26:00
  Speaker 2: assume that people don't want to seek advice, and you know,
• 26:04
  Speaker 2: I'm a financial advisor and a lot of what I
• 26:06
  Speaker 2: do it's trying to break the stigma of what we do,
• 26:08
  Speaker 2: because what we actually do is really constructive. But I've
• 26:11
  Speaker 2: met so many people who don't want financial advisors to
• 26:14
  Speaker 2: help them on their wealth journey, even though they're going
• 26:16
  Speaker 2: to be significantly better off.
• 26:18
  Speaker 3: So I think that for me.
• 26:19
  Speaker 2: I just assumed that people wouldn't get advice. And you know,
• 26:22
  Speaker 2: I've dealt with people who have won money. I've dealt
• 26:25
  Speaker 2: with people who've won significant amounts of money, but I
• 26:28
  Speaker 2: assumed that was the minority.
• 26:30
  Speaker 3: Because you always see all of those stories.
• 26:32
  Speaker 2: Online about people blowing it, and like fifty percent of
• 26:36
  Speaker 2: people who get an inheritance blow it within the first
• 26:38
  Speaker 2: ten years, and all of those stories that I just
• 26:41
  Speaker 2: assumed it would be much less.
• 26:43
  Speaker 5: Yeah, I think as well, people think that investment is
• 26:45
  Speaker 5: for rich people, so.
• 26:47
  Speaker 7: They probably just don't even but they.
• 26:49
  Speaker 5: Just don't consider it an option until you know, they
• 26:51
  Speaker 5: win heaps of money, and then they don't even quit
• 26:53
  Speaker 5: their job.
• 26:53
  Speaker 7: They invest the money.
• 26:54
  Speaker 2: It's not and I think that that's I shared a
• 26:57
  Speaker 2: meme a really long time ago that said, if you
• 26:59
  Speaker 2: can't manage your income of forty thousand dollars, how on
• 27:01
  Speaker 2: earth are you're going to manage an income of four
• 27:03
  Speaker 2: hundred thousand dollars.
• 27:05
  Speaker 3: Which you know, I know that not all of.
• 27:06
  Speaker 2: Us are going to get to that point, Like ninety
• 27:08
  Speaker 2: nine point ninety five percent of people aren't going to
• 27:10
  Speaker 2: earn that amount of money in their lifetime per year,
• 27:13
  Speaker 2: And that's okay. But I just think that money management
• 27:15
  Speaker 2: starts at the base, and investing starts at the base.
• 27:18
  Speaker 2: And you know, the most important thing about a wealth
• 27:20
  Speaker 2: journey is not necessarily having money, but rather being educated
• 27:24
  Speaker 2: about what it takes to create it andred percent. I
• 27:27
  Speaker 2: just think that we need to take more control of
• 27:29
  Speaker 2: it because you can actually put yourself in a position
• 27:32
  Speaker 2: where you have a million dollars. And you know, Tony earlier,
• 27:35
  Speaker 2: we were asked by Ryan very kindly what we do
• 27:37
  Speaker 2: with a million dollars? But like, if I play my
• 27:40
  Speaker 2: cards right and I continue to invest and save in
• 27:43
  Speaker 2: the way that I am planning, guys, I don't mean
• 27:46
  Speaker 2: to be rude, but I'm gonna have a million dollars
• 27:48
  Speaker 2: by the time I invest at least. And like that's
• 27:50
  Speaker 2: really exciting, and we can all kind of win the
• 27:52
  Speaker 2: lotto by planning it.
• 27:54
  Speaker 3: Like it's not the lotter, it's more guaranteed than the lotto.
• 27:56
  Speaker 2: Because I'm pretty sure the stats of us winning are
• 27:59
  Speaker 2: like really really low.
• 28:01
  Speaker 4: Well I said one in four before, and I was
• 28:03
  Speaker 4: actually joking.
• 28:04
  Speaker 2: Yeah it's actually one in four. It's lack one in
• 28:07
  Speaker 2: a billion or something. Yeah, yeah, it's really really slim.
• 28:11
  Speaker 2: But the amount of people that lose money in the
• 28:13
  Speaker 2: share market over the long term, Tony, None, nobody does
• 28:17
  Speaker 2: if they invest for more than thirty years, which is
• 28:19
  Speaker 2: what we all have the opportunity to do if we
• 28:21
  Speaker 2: are investing right now. So yeah, that's my brag about investing.
• 28:25
  Speaker 2: You're welcome, thanks for coming to my dead talk on
• 28:28
  Speaker 2: the winning thing.
• 28:29
  Speaker 3: Taking it a step further.
• 28:31
  Speaker 2: You know how some people win houses, like you see
• 28:33
  Speaker 2: those things in your mailbox, like the RMH home lot
• 28:36
  Speaker 2: of Yeah, and that you can win a house and
• 28:38
  Speaker 2: like four hundred thousand dollars worth of gold. If anyone
• 28:41
  Speaker 2: has done that and one house, can they slide into
• 28:43
  Speaker 2: our dam? So I want your money diary?
• 28:45
  Speaker 4: Yeah, that would be awesome.
• 28:46
  Speaker 3: That would be a sick money diary.
• 28:48
  Speaker 4: Yes, have you won a house?
• 28:50
  Speaker 3: Have? Do you want a house?
• 28:50
  Speaker 2: Because they're always in the really bougie suburbs. And then
• 28:53
  Speaker 2: I want to know what you did with that four
• 28:54
  Speaker 2: hundred thousand dollars.
• 28:55
  Speaker 3: Worth of gold.
• 28:56
  Speaker 4: I never heard about the four hundred thousand dollars worth
• 28:58
  Speaker 4: of gold. Part.
• 28:59
  Speaker 7: Yeah, they do both. They give you a range drover
• 29:01
  Speaker 7: and if they.
• 29:02
  Speaker 2: Set you up in your new boogie suburb where you
• 29:04
  Speaker 2: probably can't afford the rates, it's great, it's true.
• 29:10
  Speaker 5: Well, Ryan, I know that you haven't won a house,
• 29:11
  Speaker 5: but I would love to know if you've ordered any
• 29:13
  Speaker 5: Uber eats for your accountability August challenge.
• 29:16
  Speaker 6: Well, you know I have because I said I did
• 29:18
  Speaker 6: for lunch earlier, which is offensive for you to bring up.
• 29:20
  Speaker 6: And I also I think maybe had it yesterday as well,
• 29:23
  Speaker 6: So I am not accountable to my in August. I
• 29:28
  Speaker 6: was failing last week. Lockdown's really done me. I mean,
• 29:31
  Speaker 6: I shouldn't blame lockdown. I've made the decisions, but Lockdown
• 29:34
  Speaker 6: has been tough.
• 29:35
  Speaker 3: I under Lockdown's done us all a dirty I'm.
• 29:37
  Speaker 6: Telling you, thank you. I appreciate that. I appreciate that. V.
• 29:40
  Speaker 6: How is your taking lunch to work when you work
• 29:43
  Speaker 6: from home?
• 29:43
  Speaker 2: I'm still working from home, not as well as it
• 29:47
  Speaker 2: could be. Yes, I am purchasing a lot of lunches
• 29:49
  Speaker 2: at the supermarket, but I might or might not have
• 29:53
  Speaker 2: done a h teky uber eats deliveries because there's nothing
• 29:56
  Speaker 2: like comfort food.
• 29:57
  Speaker 4: And is it true that you had licorice for lunch today?
• 30:00
  Speaker 7: Yes, yes, I get fine, No judgment, no.
• 30:04
  Speaker 4: Judgment, just wanted to get on on the record.
• 30:06
  Speaker 2: I told you that in confidence, but that is okay,
• 30:08
  Speaker 2: and I am confident that people who listen to this
• 30:11
  Speaker 2: podcast would.
• 30:12
  Speaker 3: Love to hear that I did indeed eat licuice for lunch.
• 30:15
  Speaker 3: But that is not the point.
• 30:17
  Speaker 2: I have done a few cheeky uber eats deliveries because
• 30:19
  Speaker 2: here in Melbourne, not only are we in lockdown, but
• 30:22
  Speaker 2: the weather's.
• 30:22
  Speaker 3: Been miserable recently, and so.
• 30:24
  Speaker 2: A big bowl of foe definitely goes really far when
• 30:28
  Speaker 2: it comes to lack one point thirty and you're like,
• 30:30
  Speaker 2: I really don't want to be at my desk.
• 30:32
  Speaker 3: I'm really flat.
• 30:33
  Speaker 2: Like something warming and a little bit of comfort food
• 30:36
  Speaker 2: for me goes a really long way, So I don't
• 30:40
  Speaker 2: feel bad about it. But also I have fallen off
• 30:42
  Speaker 2: the track of not taking lunch to work. But I
• 30:44
  Speaker 2: think we can all give each other a bit of
• 30:46
  Speaker 2: a hall pass because of lockdown, So I'll let you
• 30:49
  Speaker 2: off Ryan.
• 30:49
  Speaker 3: If you let me off.
• 30:50
  Speaker 4: But I feel like Tony has been doing okay though,
• 30:54
  Speaker 4: and he's.
• 30:54
  Speaker 3: Always doing okay.
• 30:55
  Speaker 2: She's much stronger than everybody else on the team.
• 30:58
  Speaker 7: I've been really really trying.
• 31:01
  Speaker 4: What was your one again?
• 31:03
  Speaker 5: No discretionary spending, so not spending on anything that isn't
• 31:06
  Speaker 5: rental bills or legally binding. I did order a kebab
• 31:11
  Speaker 5: for dinner on Saturday night. That's food, but it's still
• 31:15
  Speaker 5: I guess, spending extra money. But I haven't bought Saturday
• 31:19
  Speaker 5: night Tony.
• 31:20
  Speaker 7: Yes, So thank you for the point, Bab.
• 31:22
  Speaker 2: No, you get a everybody gets a hall past spending
• 31:26
  Speaker 2: this month. If you need an official one to take
• 31:28
  Speaker 2: to the doctor or to give to your.
• 31:30
  Speaker 3: Employer, please just slide into my DNS and I'll send
• 31:34
  Speaker 3: a signed copy.
• 31:36
  Speaker 5: So I know that all the three of us have
• 31:38
  Speaker 5: been a little bit naughty, But you know what, I
• 31:40
  Speaker 5: hope that it makes everybody that is listening if you've
• 31:44
  Speaker 5: slipped maybe a little bit on your goals this month
• 31:46
  Speaker 5: or this week or today or whatever, I hope it
• 31:49
  Speaker 5: makes you feel a little bit better at that. If
• 31:50
  Speaker 5: you're doing it tough or you're not doing it tough,
• 31:52
  Speaker 5: it's okay. To make some mistakes because nobody's perfect.
• 31:56
  Speaker 2: No, no, we were never going to be able to
• 31:58
  Speaker 2: stick to these one hundred percent. Always so impressed when
• 32:01
  Speaker 2: I see people actually doing it, and I think that's
• 32:03
  Speaker 2: because I know that I did not have the self
• 32:05
  Speaker 2: control to do it to myself. But that is okay,
• 32:09
  Speaker 2: And I think it's just we are better humans for it, right,
• 32:12
  Speaker 2: Like I would have done a lot more eating out
• 32:15
  Speaker 2: had I not had this challenge, and I thines, you
• 32:17
  Speaker 2: think is better than what I was gonna have done
• 32:20
  Speaker 2: if we hadn't had the challenge.
• 32:21
  Speaker 7: Completely agree.
• 32:23
  Speaker 5: So what I thought was going to end on a
• 32:24
  Speaker 5: bit of a low point because none of us did
• 32:26
  Speaker 5: very well this week on our accountability August. Of course, Victoria,
• 32:30
  Speaker 5: you've managed to turn around into a real positive.
• 32:32
  Speaker 4: So thank you. Yeah, welcome.
• 32:34
  Speaker 2: I actually have a few positives few Obviously, we've got Monday, Wednesday,
• 32:38
  Speaker 2: Friday episodes next week. But Tony, little do you know
• 32:42
  Speaker 2: you're about to start editing our Equal Payday episode that's
• 32:45
  Speaker 2: going to drop on Tuesday morning? Okay, great, Yeah you
• 32:49
  Speaker 2: didn't know about that one, did you?
• 32:50
  Speaker 7: No?
• 32:50
  Speaker 2: I didn't, But I'm really excited because Tuesday is Equal
• 32:53
  Speaker 2: Payday and It's another day for me to actually get
• 32:56
  Speaker 2: on my soapbox and rant about how women should be
• 32:59
  Speaker 2: paid equally the same job aman does.
• 33:01
  Speaker 3: It's gonna be a fun guys.
• 33:03
  Speaker 7: Guys, I've got to go because I've got to go
• 33:04
  Speaker 7: and cut this podcast. I didn't know about it.
• 33:06
  Speaker 3: We haven't actually recorded it yet.
• 33:08
  Speaker 2: Georgia are not going to a hook up after this,
• 33:10
  Speaker 2: so we will try and be speedy if it's not
• 33:13
  Speaker 2: up in time.
• 33:14
  Speaker 3: Just no, guys, wasn't me? Was all Tony quite as always?
• 33:20
  Speaker 3: Just before we head off.
• 33:21
  Speaker 2: We'd like to acknowledge and pay respect to Australia's Aboriginal
• 33:24
  Speaker 2: and Torres Straight islander people's. They're the traditional custodians of
• 33:28
  Speaker 2: the lands, the waterways and the.
• 33:30
  Speaker 3: Skies all across Australia. We thank you for sharing and
• 33:33
  Speaker 3: for caring for the land on which we are able
• 33:35
  Speaker 3: to learn.
• 33:36
  Speaker 2: We power respects to elders past and present, and we
• 33:39
  Speaker 2: share our friendship and our kindness.
• 33:42
  Speaker 5: The advice shared on She's on the Money is generally
• 33:44
  Speaker 5: nature and does not consider your individual circumstances.
• 33:48
  Speaker 7: She's on the Money exists purely.
• 33:49
  Speaker 5: For educational purposes and should not be relied upon to
• 33:52
  Speaker 5: make an investment or financial decision, and we promise that
• 33:56
  Speaker 5: Victoria Divine is an authorized representative of Australias Civic Funds Management,
• 34:01
  Speaker 5: but prior to limited ABN three four one three two
• 34:04
  Speaker 5: four six three two five seven AFSL three three nine
• 34:07
  Speaker 5: one five one.
• 34:09
  Speaker 2: And as always, guys, you can find us on Facebook,
• 34:11
  Speaker 2: We're on Instagram and I spend a fair bit of
• 34:14
  Speaker 2: time on TikTok.
• 34:15
  Speaker 3: We will see you next week, guys. Hey,