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Is Buying Property the Only Answer? · She's On The Money

0:00
Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yor
0:04
Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
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Speaker 1: we get started on She's on the Money podcast, I
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Speaker 1: would like to acknowledge the traditional custodians of the land
0:14
Speaker 1: of which this podcast is recorded on a wondery country,
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Speaker 1: acknowledging the elders, the ancestors and the next generation coming
0:22
Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
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Speaker 1: and the storytelling of you to make a difference for
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Speaker 1: today and lasting impact for tomorrow.
0:33
Speaker 2: Let's get into it.
0:34
Speaker 3: She's on the Money, She's on the Money.
0:56
Speaker 2: Hello, and welcome to She's on the Money, the podcast
1:00
Speaker 2: that makes finance fun, especially on Fridays. It is actually
1:04
Speaker 2: our favorite day of the week because we get to
1:05
Speaker 2: get our little team together and celebrate you guys, our
1:08
Speaker 2: incredible She's on the Money community today, mister gour She's
1:11
Speaker 2: got a heap of money wins to share with us.
1:13
Speaker 2: Miss Bech Sayed is going to share her broke TIBs
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Speaker 2: and we'll be helping to answer a money dilemma, which
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Speaker 2: this week is all about navigating buying a property on
1:21
Speaker 2: your own and someone slid into our DMS needing advice
1:25
Speaker 2: on whether you should ask for reduced hours at work
1:28
Speaker 2: to avoid burnout or just push through it. I feel
1:32
Speaker 2: like that's a fickle conversation, but we're going to get
1:34
Speaker 2: there later. Last week on the show, we read out
1:37
Speaker 2: some five star reviews and I got a few dams
1:40
Speaker 2: of people saying, we love this. It's such a positive energy.
1:43
Speaker 2: I think we're going to continue. So I did message
1:45
Speaker 2: you guys before the show and say, please read our
1:48
Speaker 2: reviews and obviously call your mums and friends and stuff
1:51
Speaker 2: to post them, because god forbid we ever run out
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Speaker 2: of five star reviews to read out. But Bech sayed, yes,
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Speaker 2: what do you bring into the table this weight?
2:00
Speaker 4: Okay, so this one is from Tracy, and I really
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Speaker 4: liked this one because I feel like the intro to
2:05
Speaker 4: the show does mention millennials, but this really is a
2:08
Speaker 4: reminder that this is for everyone. Yes, okay, So I'm
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Speaker 4: forty five and have spent so many years feeling ashamed
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Speaker 4: and anxious around my money management abilities. I had none
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Speaker 4: in brackets. I love listening to your advice on the podcast,
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Speaker 4: and the money diresauries are super interesting. So I really
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Speaker 4: like that one because.
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Speaker 5: He from This is from Tracy.
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Speaker 2: Hi, Tracy, Tracy, welcome to the show, and oh my god, no,
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Speaker 2: everyone's welcome. Why we just updated the intro of this
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Speaker 2: episode to the podcast that makes personal finance fun, especially
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Speaker 2: on Fridays, instead of millennials who want financial freedom, because
2:42
Speaker 2: we're more than millennials.
2:43
Speaker 6: Everybody wants financial freedom.
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Speaker 5: By everybody does.
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Speaker 2: I can't find someone who doesn't want to be financially free.
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Speaker 2: Maybe Lucy she is, She's an epo baby. Lucy's my dog.
2:55
Speaker 2: For those of you following the last who might feel
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Speaker 2: a little bit behind, we are not calling a human
2:59
Speaker 2: being an epobaby because that would be rude and I
3:01
Speaker 2: would definitely only do that off Mike, Miss Jess, what
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Speaker 2: have you got?
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Speaker 6: Alrighty? This week I picked out one that says I
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Speaker 6: thought I was relatively good with money until I was
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Speaker 6: recommended this podcast. They simplify complex content into an easy
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Speaker 6: to understand format. I can't believe the difference that this
3:20
Speaker 6: has made to our finances and our thinking. Isn't that
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Speaker 6: so sweet? From a Smith?
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Speaker 2: Oh a Smith, thank you. I always laugh at people's
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Speaker 2: user names because, like sometimes it is their name like
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Speaker 2: yours bec and then sometimes it's like their username that
3:35
Speaker 2: they've made up, like I think mine is like toz
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Speaker 2: dog or something really bad, because like when I got
3:40
Speaker 2: my first iPhone, I would have been like sixteen and
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Speaker 2: I set up my Apple profile, then slippery slope, I reckon.
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Speaker 6: Oh yeah, maybe we can keep an eye out for
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Speaker 6: the funniest user name as well.
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Speaker 5: Yes, if you've got.
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Speaker 2: A funny user name, it is actually time to leave
3:54
Speaker 2: us a five star review. I have one. It is
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Speaker 2: from Mish. I mean, if we're talking about using names,
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Speaker 2: Mish mush is. I think it's really cute too. It's
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Speaker 2: actually one of the things that got me to read
4:06
Speaker 2: it out. But they said thank you for all your advice, wisdom,
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Speaker 2: pep Talk's cheer and of course financial support every week.
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Speaker 2: I love this podcast. In fact, it's the only one
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Speaker 2: I religiously listened.
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Speaker 6: To Oh so cute, very sweet because it's.
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Speaker 2: Practical and relatable. It has helped me improve and set
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Speaker 2: up many financial aspects for my young family. So thank
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Speaker 2: you so much. This podcast has inspired me to look
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Speaker 2: into doing finance courses. The pod is very motivating. One
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Speaker 2: day I dream to meet VD and the team as
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Speaker 2: they are truly, truly incredible. Thank you for your support
4:37
Speaker 2: and help. Is so cute. Oh my gosh, I know,
4:42
Speaker 2: And do you know what I was talking about last week?
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Speaker 2: And I probably shouldn't be sharing on the show, but
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Speaker 2: you get what you get. We were talking about when
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Speaker 2: we can do events again. Yeah, oh yeah, And so
4:50
Speaker 2: like I'm obviously not going to make promises, but obviously
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Speaker 2: last year I had a baby in late February and
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Speaker 2: historically we've always done the International Women's Stay events, which
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Speaker 2: happened to fall in and around the eighth of March,
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Speaker 2: so I was, what ten days postpartum. That was probably
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Speaker 2: not going to work for me. But we're talking about
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Speaker 2: what we can do in the next year because one
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Speaker 2: of the things when we did a little bit of
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Speaker 2: a planning session with the team, one of the things
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Speaker 2: that came out of that was like, we want to
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Speaker 2: get in front of our community. We want to see
5:19
Speaker 2: you guys again. So hopefully mish Mush that happens for
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Speaker 2: us really soon. Yeah, oh my god, not that soon.
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Speaker 2: Imagine if she's on the money Christmas party, that would
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Speaker 2: be really everything would be DIY like.
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Speaker 7: Arts and craft, stocking, stocking, open bar, Corinthians Okay, long.
5:40
Speaker 2: Long leap there. Let's actually get into what was happening
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Speaker 2: in our community this week, Miss Jessicarricci, what money wins
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Speaker 2: are you bringing to the table, all rady.
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Speaker 6: First one this week I have is from Jesse, who
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Speaker 6: said I recently canceled my membership at a yuki studio.
5:55
Speaker 6: They had a six year cancelation fee, which I would
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Speaker 6: have normally been charged. I let them know that the
6:01
Speaker 6: reason I was canceling in the first place was because
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Speaker 6: of financial reasons and asked if they was any opportunity
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Speaker 6: for them to not charge the fee. That's smart, really smart,
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Speaker 6: and what happened? The yoga studio said, okay, no problems.
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Speaker 6: They didn't charge her the fee. Jesse said that never
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Speaker 6: sees is to amaze me how much money you can
6:17
Speaker 6: save when you ask for something kindly, money exact. That's sweet.
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Speaker 5: Yeah, that's good.
6:21
Speaker 6: That's a good one. It's a really good one. Next,
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Speaker 6: I've got one from em Marie who said she's unfortunately
6:26
Speaker 6: been out of work for around a year now because
6:28
Speaker 6: of a chronic illness. And sorry, I know it must
6:31
Speaker 6: be really really hard, but it's on the up and up,
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Speaker 6: because she said a new medication has become available in Australia.
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Speaker 6: It's on the PBS and it has improved her from
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Speaker 6: being essentially bedbound to being able to get out and
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Speaker 6: live her life again.
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Speaker 2: Oh my gosh, that's so exciting. And the fact that
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Speaker 2: it's on the PBS means it's not going to break.
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Speaker 6: The bank exactly. She said she's had it for five
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Speaker 6: weeks and she made the phone call on Friday and
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Speaker 6: she's finally going back to work.
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Speaker 2: That is actually illy. I think that's my favorite money
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Speaker 2: win incredbit a very very long time.
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Speaker 6: Yeah, that's huge. Next, I've got a money in from Shannie,
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Speaker 6: he said. I have the pass up. It's a system
7:09
Speaker 6: where you get vouchers that you can spend it participating
7:12
Speaker 6: pubs and local places. She booked a birthday bottomless brunch
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Speaker 6: at the SB so she must be a Melbourne gowp
7:18
Speaker 6: Hello at the start of the year and she checked
7:20
Speaker 6: on the app the other day and didn't realize it
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Speaker 6: was a part of the platform and she was entitled
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Speaker 6: Twitter hundred dollar about us.
7:25
Speaker 5: Oh what's really cool.
7:28
Speaker 6: That's a lot of drinks at your bottomless brunch. I
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Speaker 6: bet happy happy birthday. Very exciting.
7:34
Speaker 2: Jesse is a bottomless I feel like a bottomless brunch
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Speaker 2: sounds elite. I want to go out to it. I'm
7:39
Speaker 2: going to have a good time. But like the bottomless part,
7:42
Speaker 2: I'd be like too Champayne zine and I'd be like,
7:44
Speaker 2: I'm done now, thank you for having me.
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Speaker 6: Brunch with a singular drink is a bottomless brunch for.
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Speaker 2: Me, like one done too. She's out bets like make
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Speaker 2: the most of the soda waters. Yeah, exactly.
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Speaker 6: Thinks I've got a money win from Carlie. She said
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Speaker 6: she started very slowly to invest on Chase eas. She
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Speaker 6: used the sootm coage you got a ten doll about you,
8:08
Speaker 6: and she said she's excited to be learning as she
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Speaker 6: goes and to stop procrastinating.
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Speaker 2: Oh my god, how good. But also ten dollars for
8:14
Speaker 2: free we did that. I would say, No, that's literally
8:19
Speaker 2: a money in that everyone can use this week. Yeah,
8:21
Speaker 2: that's so everyone that's not already on the sharesas platform.
8:23
Speaker 2: And if you're thinking, oh, I wish I could have that,
8:25
Speaker 2: but I'm already on the Charesas platform, well you're already investing,
8:27
Speaker 2: so you're the real winner here.
8:29
Speaker 6: Ahead of time. Absolutely, and apparently Carli found a really
8:32
Speaker 6: great sustainable ETF that she said was right by colleag
8:35
Speaker 6: great queen. And then lastly this week I have a
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Speaker 6: money win from Tara who said she helped her mum
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Speaker 6: and her sister to create their own budgets so they
8:43
Speaker 6: can take control of their finances.
8:45
Speaker 5: Oh lovely.
8:46
Speaker 6: Whenever I read a message or a comment saying someone's
8:49
Speaker 6: like teaching someone that they know stuff, I feel like
8:51
Speaker 6: we're spreading the good word of financial litera.
8:53
Speaker 2: Yeah, really, yes, welcome to the Church of.
8:58
Speaker 6: The exactly what I think.
9:02
Speaker 2: Literally literally, don't we have a Bible? That's what we're
9:10
Speaker 2: a religious cold con no.
9:12
Speaker 6: Order your copy. It comes out at the end of November.
9:15
Speaker 7: Religious cult, buy our stuff and also go forth my
9:20
Speaker 7: children for I was like, else can I put in
9:22
Speaker 7: here this?
9:25
Speaker 2: Maybe we should start an m l M or something.
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Speaker 6: Like Yeah, might be easier, more profitable.
9:32
Speaker 2: Definitely, Like then we could say yes to all the
9:34
Speaker 2: dodgy companies that want to work with us. Yeah, true,
9:37
Speaker 2: hit me up, hit me moving on. I love that, Jess.
9:42
Speaker 2: I feel like anytime someone says I helped someone make
9:46
Speaker 2: a budget, I'm like, I love you. You're an icon. You're
9:49
Speaker 2: an icon. Beck, Let's move on to you. Okay, okay,
9:53
Speaker 2: let's go. I wantn't know what break Tipsy bringing to
9:56
Speaker 2: the table because you have a very scary little palm card.
10:01
Speaker 2: She has a palm card. You have a post it note?
10:05
Speaker 5: Yes, And I always do this to myself. I always like, write.
10:07
Speaker 4: In shorthand and you're writing there, yeah, well this actually
10:11
Speaker 4: I can't. I'll never be able to read this again.
10:13
Speaker 2: Can you write in shorthand? Or when you say you
10:15
Speaker 2: wrote in shorthand wrote because I was like, I can
10:19
Speaker 2: read shorthand.
10:20
Speaker 4: Well, when I say shorthand, I mean I just start
10:23
Speaker 4: with the first letter, and then I get lazy, and
10:24
Speaker 4: then oh yeah.
10:26
Speaker 2: I feel bad for the team sometimes because I'll write
10:28
Speaker 2: notes actually in shorthand and they're like, what is this
10:31
Speaker 2: And I'll be like, oh, yes, I used to do
10:34
Speaker 2: secretary duties.
10:35
Speaker 6: I see, that's cool.
10:37
Speaker 2: It is cool, But only I can read my own notes.
10:40
Speaker 2: Sure their secret.
10:42
Speaker 4: Hey, that's like a that's like knowing another language to
10:45
Speaker 4: talk about someone without them knowing it's true.
10:48
Speaker 5: That's really cool.
10:49
Speaker 4: Somehow, Jess, you always like your money win will always
10:53
Speaker 4: kind of run the same way, the same so.
10:55
Speaker 2: It's almost like we were meant to be together.
10:58
Speaker 6: Yeah.
10:58
Speaker 5: Absolutely, that's really lame, bye, but it's true.
11:02
Speaker 4: So these these are all very birthday themed. Birthday yeah adjacent,
11:06
Speaker 4: well actually just birthday themed.
11:07
Speaker 5: So the first.
11:08
Speaker 4: One comes from Heather who says, there's a restaurant group.
11:11
Speaker 4: Now I don't know the name of this restaurant group,
11:13
Speaker 4: but for example, Studio marro in Windsor, if you book
11:16
Speaker 4: a table for your friends and you say that it's
11:19
Speaker 4: your birthday, everyone at the table gets a free drink.
11:22
Speaker 2: Oh, how cool. That's cool. That's something to look into too,
11:25
Speaker 2: because they are in lots of states and territories there
11:28
Speaker 2: are restaurants that have like birthday deals.
11:29
Speaker 6: That's cool.
11:30
Speaker 4: Yeah, definitely, definitely I should have said yes, absolutely. So
11:32
Speaker 4: a lot of these are, like, you know, very Melbourne based,
11:34
Speaker 4: but that's okay.
11:35
Speaker 2: Because like, that's okay, sure Melbourne, aren't that cutting edge leader. Yeah, like,
11:41
Speaker 2: giving people a free drink because they booked a group
11:45
Speaker 2: table can't be that revolutionary, but it should be something
11:48
Speaker 2: that we're all looking into next time we have to
11:50
Speaker 2: book a group table, because how good is that free
11:53
Speaker 2: round of drinks?
11:54
Speaker 5: I know, I know, that's really so good.
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Speaker 2: Free soda waters, Yeah.
11:57
Speaker 5: Free soda waters. I mean, hopefully can get that any day.
12:00
Speaker 4: But this next one is you know how I don't
12:02
Speaker 4: know if you guys remember, but a few weeks ago
12:04
Speaker 4: I was like, I will occasionally bring up ones that
12:07
Speaker 4: have been mentioned just because they keep coming up, so
12:10
Speaker 4: just in case other people haven't heard about these.
12:13
Speaker 5: So this next one is.
12:13
Speaker 2: Better be good. It better be worth the repeat.
12:16
Speaker 4: I reckon so in particular with Boost and other places.
12:21
Speaker 4: I'm sure, like you know any kind of like franchise,
12:24
Speaker 4: hospitality place will do.
12:26
Speaker 5: Free food drink.
12:28
Speaker 2: We have a whole thread in our Facebook group which
12:30
Speaker 2: you can search in the search bar. Everybody's dumped all
12:34
Speaker 2: of the hot tips and tricksy places that you didn't
12:36
Speaker 2: think we're going to be on there too.
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Speaker 6: Can eat it for free for like a whole day.
12:39
Speaker 6: It's brilliant. Can I really do that right?
12:41
Speaker 2: Like one of you needs to take it for the
12:43
Speaker 2: team and money diary. A whole day of eating for free,
12:47
Speaker 2: Like it's your birthday. You're going to pancake pile for breakfast,
12:50
Speaker 2: You're getting a Boost for morning tea, You're going out
12:52
Speaker 2: to somewhere else for lunch. I want to see dinner.
12:54
Speaker 2: I also want you to go as far as doing activities,
12:58
Speaker 2: I know, like time Zone, get through free coins, like,
13:01
Speaker 2: there are going to be things that you could do
13:03
Speaker 2: for free, genius.
13:05
Speaker 6: Fake email, see what we can do it?
13:08
Speaker 2: Do it, Jess is going to do it.
13:09
Speaker 4: Obviously, be careful about links you click, but do pay
13:13
Speaker 4: attention to your drunk folder and around the end up
13:15
Speaker 4: in there and always end up in there. Ten percent
13:17
Speaker 4: off random places in So your birthday just brings all
13:22
Speaker 4: the really really cheap things or great deals.
13:25
Speaker 2: I love this. So what's next?
13:27
Speaker 4: Okay, so my yeah, yesterday was at HM with Michael
13:31
Speaker 4: Franchess and she was buying for a house.
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Speaker 2: Did you guys?
13:37
Speaker 4: I didn't know they had a homeware section, but good,
13:39
Speaker 4: the big one in the city and they haven't.
13:42
Speaker 2: They nice, really nice.
13:43
Speaker 5: But we were like walking around.
13:45
Speaker 4: I was like, my house, your girlfriend, Yes, I love that,
13:52
Speaker 4: and you know, like sometimes you're just not I was
13:53
Speaker 4: just so tired, not in the mood.
13:55
Speaker 5: I was like carrying like all these plates and all
13:56
Speaker 5: this stuff.
13:57
Speaker 2: Yeah, I know where she brought you now exactly. I'm
14:01
Speaker 2: onto her in my head.
14:02
Speaker 4: I was like, I really hope she just changed their
14:04
Speaker 4: mind randomly anyway, and then I saw this side and
14:06
Speaker 4: that said, on your birthday, get twenty five percent off.
14:10
Speaker 4: And I said, to her, birthday's coming up in like
14:12
Speaker 4: two weeks. I was like, oh my god, if you
14:13
Speaker 4: just come on your birthday, you will get all this sweep. Anyway,
14:15
Speaker 4: we walked out with nothing, and I was really happy
14:17
Speaker 4: about going.
14:18
Speaker 2: We'll be going back on her birthday. On a birthday,
14:21
Speaker 2: but so you've just found a cheap activity to do
14:23
Speaker 2: on her birthday. Yes, you're purchasing something, but like that's
14:26
Speaker 2: a whole like activity, that's the whole morning.
14:28
Speaker 5: Actually it does last two weeks from the day of
14:30
Speaker 5: your birthday.
14:30
Speaker 2: Did I just hear that you've got someone in your
14:33
Speaker 2: realm of contacts that's got a birthday coming up that
14:35
Speaker 2: likes free things?
14:37
Speaker 5: Huh?
14:38
Speaker 2: I have a later inject for you.
14:41
Speaker 5: Oh my god, you sure do. Okay, let's well, let's do.
14:43
Speaker 2: That, all right, content Queen. We'll talk about this later. Yeah, okay,
14:46
Speaker 2: we'll hit me.
14:47
Speaker 4: Up nineteenth, which is a day after ninthy October. I'll
14:50
Speaker 4: be letting you know home, I love that.
14:51
Speaker 2: I love that happy Burthday in advanced Jess, not this
14:54
Speaker 2: Jess out of Jess. Yes, I have something to add
14:57
Speaker 2: to this. Actually, if I have been talking a lot
15:00
Speaker 2: about the cost of cards, so I hate last minute
15:05
Speaker 2: forgetting to buy someone a birthday card because, like jess Beck,
15:08
Speaker 2: if you ever binge walleies and bought a card, right
15:11
Speaker 2: seven dollars exactly right, that is insane. But recently I
15:16
Speaker 2: have implemented the birthday book in our house. Okay, so
15:19
Speaker 2: I went to kmart and I bought these empty books.
15:23
Speaker 2: So the not the cheapy like activity books or sorry,
15:26
Speaker 2: like exercise books you'd have for your kids at school,
15:29
Speaker 2: like something a little fancy. I got like a hard
15:30
Speaker 2: cover book, and I've written on the front of them
15:33
Speaker 2: birthday book. One staves one's mind, one is our kid, Harvey's.
15:36
Speaker 2: And every year, instead of buying each other cards, we're
15:39
Speaker 2: going to fill out a page in the book and
15:40
Speaker 2: write each other letters, and that's going to become the cards.
15:43
Speaker 2: So I foresee us saving a lot of money on cards. Also,
15:46
Speaker 2: my husband now has no excuse to not get me
15:49
Speaker 2: a perfectly handwritten note for my birthday slay from me.
15:54
Speaker 2: But two, isn't that such a cute memory gift? That's
15:57
Speaker 2: really I was thinking you could literally gift on one
16:00
Speaker 2: a birthday book, wrap it up, do a first letter.
16:05
Speaker 2: Make it really cute, and that could be a really
16:07
Speaker 2: thoughtful birthday present.
16:08
Speaker 5: That's really cute.
16:10
Speaker 2: Probably the relationship exactly. It could probably also keep it
16:14
Speaker 2: as an idea in the back of your head for Christmas.
16:17
Speaker 5: That's actually fantastic.
16:18
Speaker 2: Imagine giving that to your partner. And I mean in
16:21
Speaker 2: the day the.
16:21
Speaker 6: Front cover of the book, like make it all personal.
16:24
Speaker 2: Yeah, in my head, it works best when that person
16:26
Speaker 2: lives with you or like is a very close contact,
16:29
Speaker 2: because like if I bought it for like, you know,
16:31
Speaker 2: my mum, I'd have to be like, oh, can I
16:32
Speaker 2: come pick up your birthday book? Like that's I don't
16:34
Speaker 2: live with her anymore. But for my husband, I know
16:37
Speaker 2: where it is. I know we all keep it. So
16:38
Speaker 2: I'll just go sneak that away writing his birthday book
16:41
Speaker 2: and regift it every single year. But it's got an update.
16:44
Speaker 2: You could do like some scrap booking things in there.
16:46
Speaker 2: You could cut and paste some things. I'm just excited
16:48
Speaker 2: that Harvey is going to get like this book of
16:50
Speaker 2: letters over his lifetime that I've written for him every
16:54
Speaker 2: year on his birthday. So cute. That's really really frugal
16:57
Speaker 2: money tip, I reckon. Oh yeah, awful tip.
17:00
Speaker 5: I'm thinking I'll do that for likenes. I'm on everything.
17:04
Speaker 2: Oh you can come like a whole book like It's
17:06
Speaker 2: not just like for Christmas, it could be for like
17:10
Speaker 2: any time instead of a letter.
17:12
Speaker 5: Off note, Oh of love.
17:13
Speaker 2: No, this idea so cute. That is very very wholesome.
17:19
Speaker 2: All right, let's go to a really quick break on
17:21
Speaker 2: the flip side. We're going to be talking about navigating
17:24
Speaker 2: buying property on your own. And someone asked in our
17:27
Speaker 2: DMS whether you should be asking for reduced hours at
17:30
Speaker 2: work to avoid burnout or just pushing through, So don't
17:33
Speaker 2: go anywhere.
17:37
Speaker 6: Welcome back, everybody. Let's take a listen to this week's
17:40
Speaker 6: money dilemma.
17:43
Speaker 7: Hi, there, have you got a money dilemma you just
17:45
Speaker 7: can't solve. The Sheese on the Money team is here
17:48
Speaker 7: to help. Every week, we tackle your dilemmas, both big
17:51
Speaker 7: and small, to answer your most burning money, career and
17:54
Speaker 7: life questions. To get involved, simply head to our website
17:57
Speaker 7: and leave us a short voice recording and you might
17:59
Speaker 7: just yourself on the show.
18:01
Speaker 2: Now, let's take a listen to this week's money dilemma.
18:06
Speaker 8: Hi, She's on the Money. Absolutely love your pod my
18:09
Speaker 8: boyfriend and I in our thirties and not having kids.
18:12
Speaker 8: He's buying a house for us both to live in.
18:14
Speaker 8: I will contribute nothing to the deposit and will not
18:17
Speaker 8: own any of it. Our idea was that I will
18:19
Speaker 8: save up to buy my own investment property, and I'm
18:21
Speaker 8: about two years off having the deposit. My boyfriend has
18:25
Speaker 8: been charging me cheap rent to live in his apartment
18:27
Speaker 8: to help me reach my goal. However, I'm crunching the
18:30
Speaker 8: numbers on a mortgage and I don't see how I
18:31
Speaker 8: can pull it off alone. Assuming I get rent money
18:34
Speaker 8: from tenancy in my apartment, which may not even cover
18:37
Speaker 8: the whole mortgage. I will also be paying rent to
18:39
Speaker 8: my boyfriend and paying for the strata council.
18:42
Speaker 2: Rates, water, etc.
18:43
Speaker 8: From my apartment. If we broke up and I moved out,
18:46
Speaker 8: I'd have to pay for rent for a place to
18:48
Speaker 8: live as well as my mortgage. Because I can only
18:50
Speaker 8: afford an apartment in a random state where I don't live.
18:53
Speaker 8: I feel like if I buy, I'm barely going to
18:55
Speaker 8: have any money left over to save or do anything fun.
18:58
Speaker 8: I feel like it's too hard to do it alone
19:00
Speaker 8: if I'm not going to be living in the property.
19:03
Speaker 8: My boyfriend will not budge on the idea of buying
19:05
Speaker 8: a house alone. I like the idea of investing my
19:08
Speaker 8: money instead. I already invest in a range of ETFs
19:10
Speaker 8: and add to this on a regular basis. But is
19:13
Speaker 8: that a good use of my savings or should I
19:15
Speaker 8: wait for the future for the mortgage as I get
19:17
Speaker 8: a pay rise every year? I struggle with the societal
19:20
Speaker 8: pressure to buy and buy asap. I don't even want to.
19:23
Speaker 8: What would you advise?
19:25
Speaker 2: Thanks, Oh, I've got a really easy answer, because she
19:28
Speaker 2: said she doesn't want to. Don't She said, I'm struggling
19:31
Speaker 2: with the societal pressure of purchasing a house and I
19:34
Speaker 2: don't even want to. And I think the simple answer
19:36
Speaker 2: there is I would be putting the brakes on that
19:38
Speaker 2: plan at this point, because it's clearly putting a lot
19:40
Speaker 2: of pressure on you, and you don't even know if
19:42
Speaker 2: you want to do it properly yet. Unless you're all
19:45
Speaker 2: in on purchasing property, you should absolutely not be doing it.
19:49
Speaker 2: Like I'm going to use Just as an example, because
19:51
Speaker 2: I often use Just as an example of a home buyer. Right,
19:54
Speaker 2: I know not her inside out, but I know her
19:56
Speaker 2: property goals inside out, and I know that buying a
20:00
Speaker 2: property is one of or is her biggest goal at
20:03
Speaker 2: the moment, right, I don't think that if we said
20:06
Speaker 2: is it societal pressure, just going to go no, absolutely
20:09
Speaker 2: not right, Like, that's not it. But it's so a
20:12
Speaker 2: value to you. And so the extra fees and whatever
20:16
Speaker 2: cost is being incurred, Jess has allocated for that, and
20:19
Speaker 2: that's just part of the journey. Whereas this money diarist
20:22
Speaker 2: or this person who has written in, which is very
20:24
Speaker 2: kind of you to do so, because I love hearing
20:26
Speaker 2: from our community, But you've written in and you've said
20:28
Speaker 2: I don't really know if I want to do this,
20:30
Speaker 2: And I think that that's where I need to remind
20:32
Speaker 2: you that you don't have to. And I guess that's
20:34
Speaker 2: what she's on The money is all about. It's creating
20:36
Speaker 2: your own journey, writing your own pathway, creating your own narratives.
20:39
Speaker 2: Like your partner might be fully into property, but you
20:43
Speaker 2: might go, well, that's not my journey, that's not for me.
20:46
Speaker 2: What I want is to invest in shares. And like
20:49
Speaker 2: if we put it down on a piece of paper,
20:52
Speaker 2: the Australian share market returns more than the Australian property market.
20:55
Speaker 2: So you're not making a terrible decision when you say,
20:57
Speaker 2: is that a good use of my savings? Well, only
21:00
Speaker 2: you can tell me that. I can't say yes unequivocally
21:04
Speaker 2: because you might go, well, actually, my savings are better
21:07
Speaker 2: used here and here I recorded a money Darry Actually
21:09
Speaker 2: before you guys came into the studio to do the
21:11
Speaker 2: Friday episode, I was talking to the diarist and you
21:13
Speaker 2: guys will hear this on the show soon. She had
21:15
Speaker 2: one hundred thousand dollars in savings. Obviously a lot of
21:18
Speaker 2: context dismissing here, but one hundred thousand dollars in savings
21:21
Speaker 2: and she had a forty thousand dollars car Loan and
21:22
Speaker 2: I talked to her about at the end, I said,
21:25
Speaker 2: I need to know, like, why haven't you just used
21:28
Speaker 2: your savings to pay down your high interest car loan.
21:30
Speaker 2: She was like, well, they're giving me a lot of
21:32
Speaker 2: financial security. They're making me feel really secure, Like my
21:36
Speaker 2: partner and I want to have a kid in twelve
21:38
Speaker 2: months or so, and you know we're planning on, you know,
21:41
Speaker 2: changing our lifestyle. I think just sitting on the cash
21:43
Speaker 2: for us is working better at the moment, and it
21:45
Speaker 2: gives us a level of financial security. That's fair, that's
21:49
Speaker 2: so fair, Like she's happy to pay for her car
21:52
Speaker 2: loan and my job at she's on the money, or
21:55
Speaker 2: my self elected job because I did this myself. Right
21:57
Speaker 2: is to give you every single tool and resource that
21:59
Speaker 2: you you deserve to make the decision that's right for you,
22:02
Speaker 2: not on paper what the right decision is. Because if
22:05
Speaker 2: we'd looked at my money diarrest story on paper, I
22:08
Speaker 2: think we could all agree forty thousand dollars carload at
22:11
Speaker 2: more than nine percent interest, Yeah, paid off, but her
22:16
Speaker 2: values were not that and that's fine, Like there's literally
22:20
Speaker 2: no judgment. But also I can't tell you whether it's
22:23
Speaker 2: a good use of your savings because only you can
22:25
Speaker 2: tell me that. And the only way you're going to
22:27
Speaker 2: be able to tell me that is if you understand
22:29
Speaker 2: your values and if you sit down and go, well,
22:32
Speaker 2: I did say don't want property? Why use that? Why
22:34
Speaker 2: do I feel this pressure to have property? You've listed
22:39
Speaker 2: off all of these negative examples you didn't give me
22:41
Speaker 2: in that message. One positive. You didn't say, I'd really
22:45
Speaker 2: love property, give me a sense of freedom. You didn't
22:48
Speaker 2: say any of that. You just said, my partner's buying
22:51
Speaker 2: I'm going to buy or have a deposit in two years,
22:53
Speaker 2: and hear all the negatives, I'll have to pay this, this,
22:55
Speaker 2: this and this, and here's the bad outcome if we
22:57
Speaker 2: break up. Like anyway, I'm sorry to have in there.
23:00
Speaker 2: I just felt like im that was so driven by
23:05
Speaker 2: the pressure that you feel to own property, not the reality,
23:08
Speaker 2: which is you probably don't want that. And a share
23:10
Speaker 2: portfolio sounds like it's going to work for you because
23:12
Speaker 2: that's what you said you were interested in totally.
23:15
Speaker 4: I was just going to say, like, obviously, I'm not
23:18
Speaker 4: in this position, so I'm not the best to give advice,
23:20
Speaker 4: but I just think if you're doing anything because of
23:24
Speaker 4: some arbitrary societal rule, you will forever just be so
23:29
Speaker 4: deeply unhappy. If I was following every societal rule and
23:32
Speaker 4: you guys were as well, Like I would be in
23:35
Speaker 4: a dress right now, and I would be, you know,
23:38
Speaker 4: just like all dress.
23:39
Speaker 2: I'd be so confused.
23:40
Speaker 5: Things would be wrong, things would be very wrong.
23:42
Speaker 4: It just like, yeah, all these things would just like
23:47
Speaker 4: that that make you inherently happy because of your own
23:49
Speaker 4: personal preference. You don't need any societal pressure.
23:52
Speaker 2: To do he would you be making happy people that
23:55
Speaker 2: don't know.
23:56
Speaker 4: You exist, you know exactly. The people in your world
24:00
Speaker 4: that love you don't care about that stuff. So I think, like,
24:03
Speaker 4: if you don't feel the urge to buy a property
24:07
Speaker 4: inside yourself, like you don't feel that craving, then I
24:10
Speaker 4: would just not do it and say that because a
24:12
Speaker 4: lot of people I feel like a lot of people
24:14
Speaker 4: and hopefully it's not as popular or like sorry, not
24:17
Speaker 4: as common anymore. But women who want to leave their
24:19
Speaker 4: husbands maybe can't because financially they don't have the ability to.
24:22
Speaker 4: But if you have that there, and you know, touch wood,
24:25
Speaker 4: something happens in the future and you break up and
24:28
Speaker 4: you have all that money and you're like, I need
24:30
Speaker 4: to live by myself. Now you are able to buy
24:32
Speaker 4: yourself a little, one bitter apartment in a place. And
24:34
Speaker 4: I think that this person also said that they wouldn't
24:37
Speaker 4: be able to afford to live in the place they
24:38
Speaker 4: want to live.
24:39
Speaker 6: Yeah, it sounds like they would rent best.
24:40
Speaker 8: Yeah.
24:41
Speaker 4: So I'm like, if you have all that money, you
24:42
Speaker 4: might be able to stay in the place that you
24:44
Speaker 4: want to stay, and you'd be able to be fully
24:46
Speaker 4: financially independent because you do have this money.
24:48
Speaker 5: I so keep saving it.
24:50
Speaker 4: Don't buy, And I feel like investment property means it's
24:53
Speaker 4: investing in you know, you're like, you're better in your
24:56
Speaker 4: financial future, but I.
24:57
Speaker 2: Just but it should be better in your life in well, yeah,
25:01
Speaker 2: I just I think so that you don't have to
25:03
Speaker 2: do that.
25:03
Speaker 5: You shouldn't have to do that to make it.
25:05
Speaker 2: Taylor Swift like, you can reinvent yourself. Like if you
25:09
Speaker 2: are in a situation where you're like, I just don't
25:11
Speaker 2: want to buy right now, doesn't mean you can't change
25:13
Speaker 2: your mind. She was country queen right and then she
25:16
Speaker 2: went to being pop icon. She changed, She decided she
25:19
Speaker 2: wanted to do something different and just did it. So
25:21
Speaker 2: you just do that later if you choose to change
25:23
Speaker 2: your mind, if you go, well, I don't want to
25:25
Speaker 2: buy property, don't even a few years, as you said,
25:27
Speaker 2: you're going to get a pay rise every year. If
25:29
Speaker 2: in a few years that's really financially viable, and you're like, oh,
25:31
Speaker 2: I'm into this.
25:32
Speaker 5: Now do it then totally.
25:33
Speaker 2: But you know what you've done, You've given yourself the
25:35
Speaker 2: financial freedom to make that decision at that point by
25:38
Speaker 2: investing along the way.
25:39
Speaker 5: Exactly, Just what would you do?
25:41
Speaker 6: I yeah, I can, like I would buy the property.
25:44
Speaker 6: Nobody completely agree with what you're both saying is that
25:47
Speaker 6: you need to make a choice. It's right for you,
25:48
Speaker 6: and anyone who loves you is not going to pressure
25:50
Speaker 6: you into making a decision. My best guess would be
25:54
Speaker 6: maybe that your partner thinks that they're helping you get ahead,
25:58
Speaker 6: Like maybe they've got kind of a plan in their
26:00
Speaker 6: mind and they're not seeing that it's not, you know,
26:04
Speaker 6: the giving you cheap rent and stuff like. In their minds,
26:06
Speaker 6: they might be thinking that they're furthering you so that
26:09
Speaker 6: you can have your own property and I'm going to
26:11
Speaker 6: have give you a say, well yeah, like and maybe
26:14
Speaker 6: in their mind that gives you a bigger sense to
26:15
Speaker 6: each own your own property so that if something does happen,
26:19
Speaker 6: you both have something. Maybe that's where they're coming from.
26:21
Speaker 6: But if they love you, of course they're not going
26:23
Speaker 6: to want you to do something you don't want to.
26:25
Speaker 6: So I think like having that conversation with them, and
26:28
Speaker 6: then on a broader scale, maybe you know, saying to them, hey, like,
26:31
Speaker 6: I understand that maybe you were trying to help me
26:33
Speaker 6: get ahead by giving me a cheaper rent, or by
26:35
Speaker 6: covering these bills or whatever, so that I could achieve
26:38
Speaker 6: that part of you know, kind of plan that you
26:41
Speaker 6: maybe thought that we would have or that would be
26:43
Speaker 6: great for us. If that's not what I want to do,
26:45
Speaker 6: Like I'm so happy to be an equal partner, Like
26:47
Speaker 6: I'll pay market value rent, like I will split things.
26:50
Speaker 6: We can put you know, a BFA or some kind
26:52
Speaker 6: of agreement in place to protect your property that you have,
26:55
Speaker 6: because maybe that's a point of concern for them. So
26:58
Speaker 6: I think maybe you know, being grateful that they want
27:01
Speaker 6: to help you get ahead, because I'm hoping that that's
27:03
Speaker 6: where that's coming from, but also explaining to them that's
27:06
Speaker 6: not what you want and that's okay. Like, if you
27:08
Speaker 6: don't want to buy a property, do not buy a property.
27:10
Speaker 6: It's a lot of work like having and maybe I'll
27:12
Speaker 6: change my mind later. It's not completely off the table,
27:15
Speaker 6: No thing is. But maybe I'm just not here on
27:19
Speaker 6: the same journey as you, and that's actually so fine. Yeah,
27:21
Speaker 6: investing in shares is also a great investment option if
27:24
Speaker 6: that's more aligned to you. It's your money, and ultimately
27:26
Speaker 6: you have to do what feels right for what you
27:28
Speaker 6: want and what feels good, and I think just communicating
27:31
Speaker 6: that to your partner, and you're being prepared to find
27:33
Speaker 6: a middle ground in terms of the living situation might
27:36
Speaker 6: be the best way to go. Completely agree with you,
27:40
Speaker 6: amazing should get to this these money Oh.
27:42
Speaker 2: My gosh, Yes, I have been waiting for this one.
27:44
Speaker 2: Are you ready?
27:45
Speaker 6: Absolutely?
27:46
Speaker 2: Okay, Hi, she's on the money team.
27:48
Speaker 5: I have a DM for you.
27:50
Speaker 2: I'm currently in my first year of full time work
27:52
Speaker 2: and it's been so hard transitioning into it and I
27:54
Speaker 2: am exhausted. I'm currently undergoing ADHD and autism diagnosis. I've
27:59
Speaker 2: gotten to a point where I'm on the brink of
28:01
Speaker 2: burnout and i want to ask for my contracted hours
28:04
Speaker 2: to reduce two hours per week to have a nine
28:06
Speaker 2: day fortnight. I already work longer hours during the week
28:10
Speaker 2: to have a shorter day on Fridays, so I'm not
28:13
Speaker 2: bothered by longer hours to have an ido. Financially, I
28:17
Speaker 2: can cop one hundred and fifty less ish a fortnight.
28:20
Speaker 2: I also know of older people in the business with
28:23
Speaker 2: part time or four day contracts, but I'm really worried
28:26
Speaker 2: about the prejudice and judgment that might come with this decision,
28:29
Speaker 2: as I have no dependence and have mentioned struggles. But
28:32
Speaker 2: most people say, just push through it. I feel like
28:36
Speaker 2: my reasoning may limit me in progressing in my career.
28:39
Speaker 2: I'm in engineering. Do you have any advice on this?
28:43
Speaker 4: My god, this has been such a thing for me
28:46
Speaker 4: this week in particular, but always it is my biggest thing.
28:49
Speaker 4: Four day work week because I think sure back in
28:53
Speaker 4: the day, in the year older times when one person
28:57
Speaker 4: would work, usually a man and the woman, and would
29:00
Speaker 4: stay home usually with the children, do all the house stuff,
29:03
Speaker 4: so both parties working full time, but kind of like
29:06
Speaker 4: tackling different things.
29:07
Speaker 2: Now, yeah, you can just say it how it was.
29:09
Speaker 4: Yeah, Well now it's like one person you've got to do,
29:13
Speaker 4: say Friday, Sabbath day of rest. Well, you cannot anymore
29:18
Speaker 4: because you have Friday. Maybe you go out, maybe you don't,
29:21
Speaker 4: but that day is taken up by work, let's be honest.
29:23
Speaker 4: And then Saturday is one day where you don't have
29:25
Speaker 4: work the day or the day after, so you can
29:28
Speaker 4: maybe have some fun with your friends. Sunday, maybe you're resting,
29:31
Speaker 4: but you'll still got to go to the laundry, the church,
29:34
Speaker 4: the kids church. That day you do, but you've got
29:37
Speaker 4: all the life addamin, all the chores, everything that you
29:39
Speaker 4: weren't able to get done. Also, a lot of businesses
29:42
Speaker 4: are closed on that day, so you you just where
29:45
Speaker 4: do you find time? Anyway, a four day work week,
29:48
Speaker 4: a three day weekend is probably essential at this stage,
29:53
Speaker 4: I would say.
29:54
Speaker 5: But also I don't want to be that person.
29:56
Speaker 4: You know, everyone does have a different level of on
30:00
Speaker 4: your workload, depends on your work depends on so many things.
30:02
Speaker 2: Yeah, and like on the flip side, someone else might go,
30:04
Speaker 2: I don't want to have to do ten hour days.
30:06
Speaker 2: I'd much prefer to spread that across five days. I mean,
30:08
Speaker 2: each to their own. But I do believe in flexibility
30:11
Speaker 2: where it makes sense. Jess, what would you do?
30:14
Speaker 6: I think that I totally understand where they're coming from, because, firstly, congratulations,
30:19
Speaker 6: I'm working towards your formal identification of being somewhere on
30:23
Speaker 6: the spectrum. That's very exciting, even though it can feel
30:25
Speaker 6: very intimidating as well. But I think that firstly, it's
30:29
Speaker 6: really important to note that within like fair work legislation,
30:31
Speaker 6: there is literally like legalities that prevent you from being
30:34
Speaker 6: discriminated against because of different abilities, different things like that.
30:39
Speaker 6: And so if there is a concession that is needed
30:41
Speaker 6: for you as a part of your formal diagnosis, and
30:44
Speaker 6: you can have a doctor, a psychologist who you're seeing psychiatrists, sorry,
30:49
Speaker 6: provide some evidence of that. It actually can't be denied.
30:53
Speaker 6: You know, there's a lot of nuance there. Like I'm
30:54
Speaker 6: being very general with that, but you know, if you
30:57
Speaker 6: need something to be able to facilitate your job, and
30:58
Speaker 6: it is able to be facilitated, which it sounds like
31:01
Speaker 6: it can be because you said there's the people on
31:03
Speaker 6: the four day contracts and part time contracts and stuff,
31:07
Speaker 6: it should be an option for you, just in terms
31:09
Speaker 6: of being allowed. I know that our listener's bigger issue
31:14
Speaker 6: was the bias that they might encounter in the workplace,
31:17
Speaker 6: and that is a much trickier beast. I would say
31:20
Speaker 6: that I think society has come a long way in
31:23
Speaker 6: being respectful and understanding of the fact that really we
31:25
Speaker 6: all exist somewhere on a spectrum and everyone has different
31:28
Speaker 6: needs and different preferences and different things. None of us fit.
31:31
Speaker 6: The MA team is so neurospiasedally, and I think like
31:35
Speaker 6: the fact that the standard traditional nine to five, five
31:37
Speaker 6: day workweek was invented, however many years ago, when people
31:42
Speaker 6: were literally working in almost like favery, men men specifically,
31:47
Speaker 6: like even just things like.
31:48
Speaker 2: Pyomen shouldn't have jobs, No, a job is seen the home.
31:51
Speaker 6: Yes, you know, I think that I completely agree. It
31:53
Speaker 6: is a very like outdated way, and I think that
31:55
Speaker 6: a lot of workplaces really are working towards being more
31:59
Speaker 6: flexible and more compromising, and so are people individually. Like
32:02
Speaker 6: if you ask anyone in this room, for example, if
32:04
Speaker 6: that was a problem, not one of us would any
32:06
Speaker 6: But I do understand when you're in a corporate space,
32:08
Speaker 6: and particularly if you're in the engineering space, which is
32:11
Speaker 6: a male dominated industry, you might already be facing some
32:14
Speaker 6: challenges there around biases and things like that. I totally
32:18
Speaker 6: get the concern, but I think ultimately burnout is so
32:23
Speaker 6: damaging to you, like mentally, physically, emotionally. I would say
32:28
Speaker 6: that to not have to suffer through that, it is
32:32
Speaker 6: almost worth the risk of coming up against a few people, because.
32:35
Speaker 2: Like, if you just suffer through it, you might end
32:39
Speaker 2: up losing your job completely, Like you might not be
32:43
Speaker 2: able to work. And I don't mean to be too dramatic,
32:45
Speaker 2: but you might end up in a really bad situation
32:48
Speaker 2: that has a bad outcome, and that's not what you want.
32:51
Speaker 2: So why not ask and kind of buite it in
32:53
Speaker 2: the bar. The other thing I wanted to talk about
32:55
Speaker 2: here was sick leave. So like, your mental health is
32:59
Speaker 2: your health, and your health is supported by your sick leave.
33:03
Speaker 2: So if you need to take some sick leave and go,
33:06
Speaker 2: you know what, I need a few days, or I
33:07
Speaker 2: need a day here and there for my mental health,
33:10
Speaker 2: that is so valid. Like I feel like businesses nowadays
33:13
Speaker 2: are trying to carve out oh, we have mental health leave,
33:15
Speaker 2: and honestly, I think that's bullshit. Because you have sick
33:19
Speaker 2: leave that you should be able to use for your
33:22
Speaker 2: mental health. Like from a business owner's perspective, if someone
33:29
Speaker 2: in my team says I'm not well today, I'm not
33:31
Speaker 2: coming into work. That is not my business. Legally, it's
33:34
Speaker 2: not my business. I do not ask for six certificates.
33:38
Speaker 2: I'm not saying that that's across the board, but for
33:40
Speaker 2: one day here or there. Even if you need a
33:43
Speaker 2: six certificate, you could go to your GP and say
33:45
Speaker 2: it's mental health leave, and your doctor is going to
33:47
Speaker 2: write exactly the same sick certificate for your mental health
33:52
Speaker 2: as they are for you having the flu, saying sorry,
33:55
Speaker 2: Jessica's unable to come to work, and she can resume
33:58
Speaker 2: her normal duties as off Monday. Yeah, like, it's not
34:01
Speaker 2: I promise you. Your mental health is so important you
34:04
Speaker 2: don't even have to go to your boss and have
34:06
Speaker 2: this conversation. Yet as somebody who is neurospicy being in
34:09
Speaker 2: the throes of it, there's a lot that you're going
34:12
Speaker 2: to learn about managing your health right now. Maybe as
34:16
Speaker 2: an interim measure, you could use some of your sick
34:18
Speaker 2: days take some pressure off. Maybe even talk to your
34:21
Speaker 2: boss and be like, hey, don't know how transparent you
34:23
Speaker 2: want to be. Hey, I am not dealing well with
34:27
Speaker 2: a health diagnosis that I am currently in the midst
34:29
Speaker 2: of none of their business. Is there a way that
34:32
Speaker 2: I could for the next three Fridays have a sick day.
34:35
Speaker 2: I know that people don't usually plan sick days in advance,
34:38
Speaker 2: but like that's what they are for. I don't want
34:40
Speaker 2: to get too much into it. And after that we
34:42
Speaker 2: can review and hopefully I can return to normal. If not,
34:45
Speaker 2: we can discuss it. Then it's giving your boss or
34:47
Speaker 2: heads up. You can kind of test the waters you're using.
34:49
Speaker 2: Sek leave you should be allowed to, And I mean
34:51
Speaker 2: at the end of the day, if they say no
34:53
Speaker 2: to taking sick leave fair work issue, so I really
34:56
Speaker 2: doubt that they're going to do that. And to be honest,
34:59
Speaker 2: if was going through something similar, I say Jess all
35:02
Speaker 2: the time because she literally reports to me, whereaspec you
35:05
Speaker 2: work for the podcast, but you work nine to five
35:07
Speaker 2: somewhere else. So if Jess came to me and said, hey,
35:10
Speaker 2: you know, she'd probably tell me the juicy deets. Let's
35:12
Speaker 2: be honest. But that's a friend thing, not an employer thing.
35:16
Speaker 2: But if she said I need to take time off
35:18
Speaker 2: as an employer far out, I'm so grateful that she's
35:21
Speaker 2: not curling me for the next three weeks on a
35:23
Speaker 2: Thursday night being like, hey, I'm going to be sick tomorrow, Like,
35:27
Speaker 2: thank you for the plan around burning. I can plan
35:29
Speaker 2: around it. I can go all right, Jess, you can
35:32
Speaker 2: have the Fridays off for the next few weeks, sick leave,
35:34
Speaker 2: no worries. Let's just make sure A, B and C
35:36
Speaker 2: you're done, because they're no one's dressed, how good. So
35:40
Speaker 2: maybe there's like a workaround, but I think make sure
35:43
Speaker 2: that you're leaning, especially on stuff like this, lean on
35:46
Speaker 2: your sick leave. It is there to be used and
35:49
Speaker 2: I'm not saying like you've use it, but like it
35:51
Speaker 2: sounds like you actually need a few days off because
35:53
Speaker 2: if you're close to burn out, you're sitch yeah.
35:55
Speaker 6: And then if you maybe if you do it that way,
35:57
Speaker 6: you'll be able to say, hey, like everything functioned well.
36:00
Speaker 6: I was able to complete my work during the week,
36:02
Speaker 6: Like the sky didn't fall in when I took those
36:03
Speaker 6: fridays off. Can we look at moving that to a
36:06
Speaker 6: long term solution where I work a four day work week.
36:09
Speaker 6: We've seen that it works, yeah, and that's you know,
36:12
Speaker 6: it's been really beneficial for me, and I think that
36:14
Speaker 6: that's really going to help me avoid burnout work at
36:17
Speaker 6: my ultimate.
36:18
Speaker 2: You know level performance exactly.
36:20
Speaker 6: Because ultimately that's what the workplace wants, right. So I
36:23
Speaker 6: think if you can demonstrate that and maybe that is
36:25
Speaker 6: a good way to broach it gently if you're feeling
36:27
Speaker 6: a bit nervous about it, but also.
36:29
Speaker 2: Take the pressure of immediately Like I think you're thinking
36:31
Speaker 2: really long term about this because you're currently feeling like
36:34
Speaker 2: you're headed towards burner. I get long terms really important,
36:37
Speaker 2: But what can you do in the here and now
36:39
Speaker 2: without setting in place a formal structure which I promise
36:43
Speaker 2: is going to take a bit of time. If you
36:45
Speaker 2: said you're in engineering, I can almost guarantee they're a
36:47
Speaker 2: little bit behind. So getting something like that across the
36:49
Speaker 2: table is going to be challenging. But I would lean
36:53
Speaker 2: on your sick leave at the start and then go
36:54
Speaker 2: from there whatever else. Of course, we went to the
36:58
Speaker 2: community asked their two cents. But first we said, would
37:00
Speaker 2: you feel confident asking for a few hours at work? Interestingly,
37:04
Speaker 2: eighteen percent of you said only if I had kids.
37:08
Speaker 2: Sixty percent of you said absolutely, my well being matters,
37:11
Speaker 2: Yes it does, queens, and twenty two percent of you
37:13
Speaker 2: said no, way, wouldn't feel comfortable. The next question we
37:17
Speaker 2: asked was what do you think about the advice to
37:19
Speaker 2: just push through?
37:20
Speaker 6: Hate it? Sorry, did we even address at all? I
37:23
Speaker 6: hate it?
37:24
Speaker 2: And you're good because eighty one percent of our community said,
37:28
Speaker 2: terrible advice, terrible, terrible.
37:31
Speaker 7: Nineteen percent of you said that's how I'd handle it.
37:34
Speaker 7: Don't do that, okay, big dog, you just handle it.
37:38
Speaker 2: That's terrible. You're the person that's going to head towards
37:40
Speaker 2: burnout and burn out harder. So one out of ten
37:44
Speaker 2: don't recommend that. And then obviously we said, girl, what
37:47
Speaker 2: are your two cents? And you had some thoughts. Someone said,
37:52
Speaker 2: I'm about to navigate this. I'll be actually asking my
37:55
Speaker 2: GP for a medical certificate to help support me. Cool genius.
37:59
Speaker 2: Someone else said, I reduced to nine days a fortnight
38:02
Speaker 2: as a thirty year old. I love life now. It
38:05
Speaker 2: was actually essential for my mental health. Someone else said,
38:09
Speaker 2: you can just call fair Work and ask for advice
38:11
Speaker 2: on advocating for reasonable accommodations. That is great advice. There
38:15
Speaker 2: is so much support, Like you don't have to go
38:18
Speaker 2: to your HR department or your boss, Like you can
38:20
Speaker 2: work out what's feasible first, because that's power. Like imagine
38:25
Speaker 2: getting to walk in and then they go not possible,
38:27
Speaker 2: and you go, oh, I hate to do this, but
38:28
Speaker 2: legally you have to work with me. Like I don't
38:31
Speaker 2: want to be that guy, but I do know my rights.
38:34
Speaker 6: I'm great to have like a record or a document
38:36
Speaker 6: that you've spoken to Fair Work because if anything does
38:38
Speaker 6: go wrong and you do need to lean on that
38:40
Speaker 6: you can say, well, I was proactive, I took that
38:42
Speaker 6: approach ahead of time.
38:43
Speaker 2: Yeah yeah. Someone else said, empathizing with you, I'm also
38:47
Speaker 2: are you DHD? And I find the five day work week,
38:51
Speaker 2: a lot, no advice, just lots of empathy. You guys
38:54
Speaker 2: both raised eyebrows. That is a combination of autistic and
38:58
Speaker 2: ADHD together, which comorbidity in those conditions is incredibly high. Right,
39:04
Speaker 2: kind of cool though, Yeah, when you're a little bit nearer,
39:06
Speaker 2: spicy runs deep. I was laughing because, like a couple
39:09
Speaker 2: of my friends diagnote complete side note, I am ADHD.
39:14
Speaker 2: I haven't been diagnosed with anything else. But a couple
39:16
Speaker 2: of my friends who've been diagnosed with ADHD got their medication,
39:20
Speaker 2: started taking their medication, and then realized they were also autistic,
39:24
Speaker 2: which is not funny, but it is quite funny because
39:27
Speaker 2: like your ADHD symptoms off the mask, what else is
39:30
Speaker 2: going on short out the ADHD and you're like, oh,
39:32
Speaker 2: there's another thing hiding under here. Really really common. Someone
39:37
Speaker 2: else said, don't over explain, make the request and provide
39:40
Speaker 2: just enough information.
39:41
Speaker 6: Fair you only have to share what you're company with.
39:43
Speaker 2: And then someone else said, I thought this was quite funny.
39:46
Speaker 2: She said, it is terrible advice to just push through,
39:49
Speaker 2: but let's be honest, that's how i'd handle it.
39:51
Speaker 5: Oh, yeah, I know, I get that.
39:53
Speaker 2: Yeah, I feel like so many of us do that,
39:55
Speaker 2: but you don't have to put yourself first. You're impacting
39:58
Speaker 2: so many parts of your life by not making sure
40:01
Speaker 2: that you're well. Like if you're not well, how are
40:04
Speaker 2: you giving your best? You can't pull from an empty
40:06
Speaker 2: cup completely. Someone else said, I asked to drop from
40:09
Speaker 2: five days to three and a half days a week,
40:11
Speaker 2: and it has mentally saved me. Someone else said, I
40:14
Speaker 2: love this advice you don't ask, you don't get.
40:17
Speaker 6: Should we need to put that on a T shirt? Yeah?
40:19
Speaker 6: Really need to be somewhere.
40:20
Speaker 2: Exactly, And I feel like that's probably a good place
40:23
Speaker 2: to leave it, to be honest, Like, you don't ask,
40:25
Speaker 2: you don't get?
40:26
Speaker 4: Yeah, very true that the anxiety around asking and feeling
40:30
Speaker 4: like crap after even if you whether you got your
40:32
Speaker 4: way or not, that'll fade.
40:34
Speaker 2: And you'll be left with a beautiful nine day, fortnight exactly.
40:38
Speaker 2: But also I think defining here what anxiety is, anxiety
40:43
Speaker 2: is the fear of the unknown, right, Like anxiety is
40:46
Speaker 2: being worried about something that might not happen, Like, as
40:50
Speaker 2: I've said on this podcast before, what's the worst thing
40:53
Speaker 2: that never happened to you? And I think that helps
40:56
Speaker 2: me a lot because as somebody who takes anti anxiety medication.
40:59
Speaker 2: I feel like I'm very well spoken in this space,
41:02
Speaker 2: but often we ruminate in our own heads and make
41:06
Speaker 2: things much bigger than they actually are, and I mean
41:08
Speaker 2: they're way worse at three am, right. But I think
41:11
Speaker 2: the most important thing here is do all your research,
41:13
Speaker 2: because the more information and the more education you have
41:15
Speaker 2: about this, the more power you're going to have. So
41:17
Speaker 2: talk to fair work, do some research background, read some
41:20
Speaker 2: forums online about what there is available to you, and again,
41:24
Speaker 2: lean on your sick cleave. It's there for you when
41:28
Speaker 2: you're not well, and you're telling me that you're heading
41:31
Speaker 2: towards burnout. So that's where we'll leave it. I hope
41:34
Speaker 2: you guys have a beautiful weekend. I'll see you in
41:36
Speaker 2: the morning for a little solo episode and then also
41:40
Speaker 2: on Monday, bright and early for a money diary. So
41:42
Speaker 2: have a good weekend, guys.
41:43
Speaker 5: We love you, Bye guys.
41:45
Speaker 3: Cy.
41:51
Speaker 7: The advice shared on She's on the Money is general
41:53
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41:57
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42:01
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