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Finance or Fur-baby First? · She's On The Money

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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
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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
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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
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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 impactful tomorrow.
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Speaker 2: Let's get into it.
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Speaker 3: She's on the Money, She's on the Money.
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Speaker 2: Hello, and welcome to She's on the Money, the podcast
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Speaker 2: for millennials who want financial freedom. Today is Friday, which
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Speaker 2: means it is time to get our little team together
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Speaker 2: and celebrate you our incredible She's on the Money community.
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Speaker 2: Today we're going to be sharing our favorite money wins
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Speaker 2: with Miss Griucci. Bexsa Ed is going to be sharing
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Speaker 2: a few hot broke tips. We're going to be helping
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Speaker 2: to answer a juicy money dilemma, which this week is
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Speaker 2: all about managing finances as a freelancer. And you slid
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Speaker 2: into our DMS about something spicy. So we're going to
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Speaker 2: be unpacking the topic of affording a pet later on.
1:33
Speaker 2: My friends, how have your week's been? Very nice? Nice week,
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Speaker 2: very nice week, Just chill. What have I been doing
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Speaker 2: a life away? I'm working my LifeWay basically, yes, and
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Speaker 2: also having a nice time doing it. Stealing lots of
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Speaker 2: bread from the kitchen, stealing some bread, baby, you know it.
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Speaker 2: Many toasties, toasties, fake garlic bread, you know yeah, I
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Speaker 2: like it.
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Speaker 4: I like it.
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Speaker 2: What about you, Jess?
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Speaker 4: Go ahead, just cuising along. I have a trip to
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Speaker 4: Japan coming up in the future ish, so I've been
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Speaker 4: planning that. Friends have been coming over, which is very exciting,
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Speaker 4: you know, very very very excited.
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Speaker 2: So what season you're going in?
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Speaker 4: We're going in September, which I think is their autumn.
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Speaker 4: But it's still meant to be quite warm, although potentially rainy,
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Speaker 4: so that's okay. We'll see, hoping for some good weather.
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Speaker 4: Trying to tick off. I get to kick off another
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Speaker 4: Disneyland this year because there's one in Japan.
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Speaker 2: Oh, I'm so jealous. It's just going about me. Oh
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Speaker 2: my god, that's so cool.
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Speaker 4: We can go to California, no, I.
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Speaker 2: Don't want to go anymore California. Yeah is that in California? One? Yeah?
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Speaker 4: Okay, plea can I go? You can come fun group
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Speaker 4: two to Disneyland.
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Speaker 2: I like it. I think it's a genius idea.
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Speaker 4: Sold on that.
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Speaker 2: I'm definitely using the work trip as a group troop
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Speaker 2: to Disneyland. Everyone will be like, oh my god, it's
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Speaker 2: so nice you went on holiday together, and I'll like,
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Speaker 2: we definitely weren't here for a conference.
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Speaker 4: We are serious business people.
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Speaker 2: We are serious business ladies. We've got to like speak it.
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Speaker 2: Jess and DIYer speaking at Fincon this year, which is
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Speaker 2: very very cool. I'm doing two presentations, which should be cool.
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Speaker 2: I've got my own, and then I'm on a panel
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Speaker 2: as is Jess, which I think is so fun. Wow,
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Speaker 2: look at you tax deductible Disney grip a loh, that
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Speaker 2: is so good. It's not actually true, but you know what,
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Speaker 2: we're going to pretend. Yeah, We're going to pretend. It
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Speaker 2: makes us feel much better about it because it is
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Speaker 2: technically a work trip.
3:25
Speaker 4: How is your week?
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Speaker 2: My week was good, My week was busy. I haven't
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Speaker 2: done anything of No, I don't think I've done a
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Speaker 2: few speaking events, I've done a few podcasts. I feel
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Speaker 2: like life is good. I've been working in the background
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Speaker 2: with Gabby on getting my investing masterclass out of the door,
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Speaker 2: which I shouldn't be telling you about because we should
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Speaker 2: do like one of those marketing things where you like,
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Speaker 2: bait it, bait it, bait it check then oh, something
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Speaker 2: exciting is coming, which the team are really good at.
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Speaker 2: So like, if there is a marketing campaign on our
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Speaker 2: Instagram and it's like something exciting is coming, just know
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Speaker 2: I had nothing to do with it it because they
4:00
Speaker 2: start at keeping secrets. Yeah, I'll just be like, it's
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Speaker 2: an investing masterclass. Yeah, that's what we've got, and Jess
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Speaker 2: is like, no, no, no, make them interested, and I'll
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Speaker 2: be like, it's about investing. But I am really excited
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Speaker 2: about that because I've been working on it for literal years.
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Speaker 2: But it didn't feel right to be putting it out
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Speaker 2: into the world, I suppose until I was not an
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Speaker 2: advisor anymore, because there are so many legalities when you
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Speaker 2: are a personal financial advisor of what you can and
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Speaker 2: can't talk about, and I was kind of feeling like
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Speaker 2: I was shooting myself in the foot. I was like, well,
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Speaker 2: there's no point launching it if I can't talk about
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Speaker 2: these things that I think are really really important. So
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Speaker 2: now I can talk about them.
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Speaker 4: Great.
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Speaker 2: Oh I'm going ham. So it's been exciting for me.
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Speaker 2: I know you guys probably could not care less, but
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Speaker 2: that's okay. That's okay. Exciting effects like I'm not listening.
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Speaker 4: Maybe that'll be the thing that helps you get started investing.
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Speaker 2: True, that's very true. I'll do a budget hashlow firstly,
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Speaker 2: we need to do that. Yeah, we'll do that first.
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Speaker 2: Jess Cricci, I want to know what's be going on
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Speaker 2: in our community. What are your community money wins of
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Speaker 2: the week.
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Speaker 4: My first win this week comes from Maya, who said
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Speaker 4: future money Wins slash huge life win. After searching for
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Speaker 4: almost a year, our offer for a beautiful house just
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Speaker 4: got accepted and we just exchanged contracts last Tuesday. Between
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Speaker 4: all the useful tips on Shees on the money and
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Speaker 4: property Playbrook help from our friends and family, it feels
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Speaker 4: unreal that we can tick off such a huge milestone.
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Speaker 2: That's the congratulations.
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Speaker 1: Yay.
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Speaker 4: I'm so happy for you, Maya. Next, they have a
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Speaker 4: win from Jessica fabulous name, great name, who said money
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Speaker 4: win getting a merchant reversal in my favor. For an
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Speaker 4: online retailer thinking they can operate outside of consumer protection laws,
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Speaker 4: always check the window that your bank offers this service for.
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Speaker 4: I scraped in with two days to go before this
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Speaker 4: avenue would have been closed.
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Speaker 2: I didn't even know that was the thing. That's how cool.
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Speaker 4: I'm like noted for next time. If you feel like
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Speaker 4: you're getting scammed or someone's charging you the wrong thing,
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Speaker 4: or they send you something faulty maybe and they won't
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Speaker 4: give you the money back. Yes, smart, do you bank
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Speaker 4: about it?
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Speaker 2: Great? Great idea? Love love love. What else have you got?
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Speaker 4: I've got two Lululemon money wins, one from Julie.
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Speaker 2: Whose Lululemon anything to do with the money win? Let
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Speaker 2: me try, I'm ready.
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Speaker 4: Julie said, I got the most gorgeous Lulu lemontop at
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Speaker 4: the op shop for five bucks.
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Speaker 2: Oh, that is the money win.
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Speaker 4: And then a little further down, Maddie said, I bought
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Speaker 4: Lula Lemon Heights in excellent condition from a rent to
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Speaker 4: rack place for eighteen dollars.
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Speaker 2: Oh, okay, I take my words back. Those are Lulu
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Speaker 2: Lemon money wins. Victoria, I don't want to but I'm
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Speaker 2: gonna next.
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Speaker 4: I've got a money in from Aaron who said I
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Speaker 4: got an incredible stash of goodies from my local health
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Speaker 4: food store, which I go to you often. Today I
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Speaker 4: got all of these for thirty nine dollars, saving one
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Speaker 4: hundred and five. There's a nice little photo of her
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Speaker 4: hole a lot of stuff, So thirty nine when I consider.
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Speaker 4: I did a whip around to the grocery store on Saturday. Well,
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Speaker 4: my friend went into came up to pick a book
6:57
Speaker 4: for anyone's reading the summer. I turned pretty we're all
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Speaker 4: over it, but she wanted to pick up a book,
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Speaker 4: and I was like, oh, just run into the grocery
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Speaker 4: store because I have eleven items on my grocery list,
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Speaker 4: and I reckon I can whip around and get that
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Speaker 4: done in the same time it takes you to get
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Speaker 4: a book. Sorry, this is a very roundabout way. I'm
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Speaker 4: telling you.
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Speaker 2: I like it. How long did it actually take, though,
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Speaker 2: real question.
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Speaker 4: Honestly, I got it done in like ten minutes, Like
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Speaker 4: I was power amazing. If you saw some crazy woman
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Speaker 4: with a trolley zooming through the ill.
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Speaker 2: It would be less than one minute per item.
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Speaker 4: That's very bad efficient, isn't that very efficient, but eleven items.
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Speaker 4: I was like, oh, it'll be a cheap shop, it'll
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Speaker 4: be so oh my god. It was one hundred and
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Speaker 4: twenty dollars.
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Speaker 2: Surely not.
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Speaker 4: And it wasn't like I was like disgusting. It was
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Speaker 4: like pantry staples. It was like swiy sauce. No, it
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Speaker 4: wasn't as I bought one for twenty four pack.
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Speaker 2: Of Pepsi Max.
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Speaker 4: Obviously, yeah, but that's not expensive and it was on
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Speaker 4: sale forty percent off because that's your money win that
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Speaker 4: I buy it. I couldn't believe it so well done,
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Speaker 4: that whole food win. I feel like that is an
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Speaker 4: absolute bargain eran. And the last one that I have
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Speaker 4: comes from Megan, who said money When I signed up
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Speaker 4: to mad Pause as a pet sitter and I have
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Speaker 4: my first doggy daycare client.
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Speaker 2: Tomorrow, that's actually so cute.
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Speaker 4: Extra cash to add to savings and a new friend
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Speaker 4: to keep me company while I'm working. And I know
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Speaker 4: we've mentioned Mad Paws on the pod before. We've never
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Speaker 4: worked with them, but you mentioned.
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Speaker 2: Use them before. Yeah, I've used them to before to
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Speaker 2: find like pet sitters and stuff, and I've had a
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Speaker 2: good experience. You go that's goody not bad.
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Speaker 4: That's bad.
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Speaker 2: You know they did doggie daycare though.
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Speaker 4: That's real cute, very fun, which and it makes sense
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Speaker 4: if you have a dog who has like anxiety issues
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Speaker 4: or something I do. Yeah, and you're someone who works
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Speaker 4: at home and you have an empty house, the win
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Speaker 4: win situation a friend all day.
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Speaker 2: That's very sweet and cute. Loss of all right, let's
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Speaker 2: segue straight into Beck. What broke tips have you round
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Speaker 2: up for Ust this week? Okay? So I've got a
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Speaker 2: couple of good ones. Oh are you sure you have
8:48
Speaker 2: no faith in me? Oh?
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Speaker 1: I do?
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Speaker 2: I'm excited. What are they? Thank you? Okay, So the
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Speaker 2: first one comes from Sarah. So Sarah sent through a
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Speaker 2: lot of really good broke tips, and I'm going to
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Speaker 2: read out my favorites. Okay, all right ready, I'm going
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Speaker 2: to read them not in Sarah's voice, but the way
9:03
Speaker 2: Sarah wrote this. So, first one sign up to all
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Speaker 2: takeaway places with your birthday, which is something I mentioned
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Speaker 2: start a week so you get free meals at birthday time.
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Speaker 2: The second one post on socials asking if anyone has
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Speaker 2: free meal kitboxes. So you know, hello fresh Marley Spoons.
9:17
Speaker 2: I sent you one last week. You haven't redeemed it
9:19
Speaker 2: yet because I just checked. Can you see that you
9:22
Speaker 2: can cheat? I can to know that I cannot lie
9:24
Speaker 2: about that. Yeah, I shouldn't have told her spoons delicious. No,
9:31
Speaker 2: but this is actually very, very really great because I
9:35
Speaker 2: don't know what to do with mine, Like I'm like,
9:36
Speaker 2: should I give them friends? I never know if I
9:38
Speaker 2: buy a box, but there's so many that are there
9:40
Speaker 2: to go around, so great idea. Ask for those, and
9:43
Speaker 2: then you can eat like a coin, she says, which
9:46
Speaker 2: is great for a week, for two weeks, for three weeks, however,
9:48
Speaker 2: money week you get. The next one is do groceries
9:52
Speaker 2: late at night. I used to do this with my mum,
9:54
Speaker 2: so you can get all the discounted stuffing like cream
9:57
Speaker 2: and caramel, sponge, cake, woolies. All the free items get
10:01
Speaker 2: marked down at a certain times. Roast chicken. I love
10:04
Speaker 2: a whole roots for chicken. This one, I don't know
10:07
Speaker 2: if I don't know if she's mentioning mad pause here,
10:09
Speaker 2: but she says, if you live in a sharehouse or
10:10
Speaker 2: with parents, sign up for pets sitting slash house sitting.
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Speaker 2: You get a mini holiday, possibly somewhere nicer than where
10:16
Speaker 2: you live. Snuggles with a fur baby and you get
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Speaker 2: paid for it as well, the same as Mad Pause.
10:20
Speaker 2: You can do that on Mad Pause. Amazing. Yeah, I
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Speaker 2: really liked it because when I had I have two
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Speaker 2: cats and a dog, and Steve and I were going
10:28
Speaker 2: on a holiday and usually they go and spend time
10:31
Speaker 2: with my parents, but my parents were going on the
10:33
Speaker 2: same holiday, and I was like, well, what's going to
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Speaker 2: happen here? We found someone really nice on Mad Pause
10:38
Speaker 2: and she came with like a police check and a
10:40
Speaker 2: whole heap of really good references. And she actually came
10:42
Speaker 2: and just lived in our house for a week and
10:44
Speaker 2: they looked after our pets. And I was really stoked
10:47
Speaker 2: with it because I'm I'm quite pedantic when it comes
10:50
Speaker 2: to my pets and them being looked after, and I
10:52
Speaker 2: didn't like the idea that someone would just like drop
10:54
Speaker 2: in and feed them and run away and they're needed
10:58
Speaker 2: just like their mother. Fair enough. So that is what
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Speaker 2: I have from the community this week. I was just
11:05
Speaker 2: I'm just going to use the one person because she
11:07
Speaker 2: did give me many beautiful, very great.
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Speaker 4: Yeah.
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Speaker 2: Absolutely, and these were all very very useful. I think
11:15
Speaker 2: I love the idea of signing up if I had
11:18
Speaker 2: done that when I was younger, I would have had
11:20
Speaker 2: a much better UNI experience. Usually the house is quiet too,
11:23
Speaker 2: because like you don't get a pet sitter if you
11:26
Speaker 2: have housemates, so like you get a whole house to yourself. Hot,
11:30
Speaker 2: you could study, you could work from home, like, oh
11:33
Speaker 2: what a dream. Whatever you want to do now. My
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Speaker 2: personal breake tip for this week is is it garlic bread?
11:40
Speaker 2: It's not garlic bread this week, and it doesn't include bread.
11:43
Speaker 2: But it doesn't. That's quite disappointed. And I carry often
11:47
Speaker 2: mentioned our favorite bread. So what I'm saying is if
11:52
Speaker 2: you're a single person, that's probably more ideal. If you're
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Speaker 2: a single person and you're buying for yourself, take advantage
11:58
Speaker 2: of those ready to eat meals. Either in the frozen section,
12:01
Speaker 2: you can get like a four dollar lasagna. This is
12:04
Speaker 2: what I did when I was really really like I
12:06
Speaker 2: had no money for the week. I would get like
12:08
Speaker 2: a really cheap you can get to Audi. You can go.
12:11
Speaker 2: Audi has good frozen meals, have really good frozen meals
12:13
Speaker 2: and very very cheap. And if you want to create
12:16
Speaker 2: the exact same meal from scratch, it's gonna cost you
12:19
Speaker 2: so much money. So don't feel bad if you have
12:22
Speaker 2: expensive to make totally flying mince. If you put mince
12:26
Speaker 2: in you lasagna, bam, ten dollars already totally And I
12:29
Speaker 2: don't know about you guys, but those meals don't usually
12:32
Speaker 2: fill me to the brim and I want to be
12:34
Speaker 2: filled to the brim. So if you need to have
12:36
Speaker 2: a second one, go for it's still going to only
12:39
Speaker 2: eight bucks for two serves of lazadi, like eight bucks
12:42
Speaker 2: or two serves of lasagna. But also frozen veggies, real
12:45
Speaker 2: cheap frozen veggie cup. Your your pre made meal with
12:48
Speaker 2: that frozen veggies, or like some sides or something to
12:51
Speaker 2: make it a little bit more cost effective but also
12:53
Speaker 2: feeling totally. So yes, that is my break tap for
12:56
Speaker 2: the week. Do not sneeze it. Ready to eat meals
12:58
Speaker 2: go to the frozen section if they're too expensive in
13:01
Speaker 2: the refrigerated section. I feel like they are more expensive
13:03
Speaker 2: in the fridge they're like eleven dollars maybe, yeah, but
13:07
Speaker 2: frozen section super cheap. They're often on special as well.
13:10
Speaker 2: You know there's like bowls is super Bowls. Oh yeah,
13:12
Speaker 2: I like those ones. They're like wholesome bowls Bowls or
13:16
Speaker 2: something like that. They're always on special. Those are also
13:18
Speaker 2: like four or five dollars. Yeah, so do it. That's
13:21
Speaker 2: actually quite smart. I haven't looked at that part of
13:22
Speaker 2: the supermarket in a long time. Love, you've got to
13:25
Speaker 2: check it out. I'm gonna check it out. I love it.
13:27
Speaker 2: Thank you for that. All right, let's go to a
13:28
Speaker 2: quick break and on the flip side, we're gonna be
13:31
Speaker 2: talking about how to manage your finances if you're a freelancer,
13:34
Speaker 2: and we're going to be talking about something you split
13:36
Speaker 2: into our DMS about and that's affording a pet. So guys,
13:40
Speaker 2: do not go anywhere.
13:46
Speaker 4: Welcome back, everybody. Let's take a listen to this week's
13:48
Speaker 4: money dilemma.
13:51
Speaker 2: Hi, there, have you got a money dilemma you just
13:53
Speaker 2: can't solve? The Sheese on the Money team is here
13:56
Speaker 2: to help. Every week, we tackle your dilemmas, both big
13:59
Speaker 2: and small. Answer your most burning money, career and life questions.
14:03
Speaker 2: To get involved, simply head to our website and leave
14:05
Speaker 2: us a short voice recording and you might just find
14:07
Speaker 2: yourself on the show. Now, let's take a listen to
14:10
Speaker 2: this week's money dilemma. I have Victoria.
14:15
Speaker 5: I have a quick money question. I feel like you
14:17
Speaker 5: always speak about, you know, people that have jobs, full
14:21
Speaker 5: time jobs, getting a job, leaving a job, asking for
14:24
Speaker 5: a pay rise. But for myself and for pretty much
14:27
Speaker 5: all of my friends, we're all freelancers in the creative industries,
14:31
Speaker 5: and I feel like a lot of people right now
14:35
Speaker 5: maybe would go unmentioned, but would really appreciate some help
14:38
Speaker 5: in managing their finances when freelance and how to set
14:43
Speaker 5: themselves up for success when your pay is coming in
14:46
Speaker 5: at different times even though you might be really busy.
14:49
Speaker 5: But yeah, just backing yourself, I guess we'd love some
14:52
Speaker 5: tips on how to live.
14:55
Speaker 2: I feel like this is a good one. Actually. I
14:57
Speaker 2: feel like maybe you haven't listened to enough of our
15:00
Speaker 2: podcasts though, because we've done a few episodes on variable
15:03
Speaker 2: income and like if you have a side hustle and
15:06
Speaker 2: how to manage like tax and income and all of that.
15:09
Speaker 2: So first things first, the twenty ninth of January, we
15:12
Speaker 2: did an episode on side hustles and how to manage
15:14
Speaker 2: income for that, and then then on the twelfth of
15:16
Speaker 2: May twenty twenty one, we did an episode what was
15:19
Speaker 2: called jess like budgeting for variable There you go. So
15:21
Speaker 2: we've done a couple before, but I think it's really
15:24
Speaker 2: important to remember that even if your income is variable,
15:29
Speaker 2: your job is to make it as stable as possible. Right,
15:33
Speaker 2: And I've spoken about this concept before of you know,
15:36
Speaker 2: if you're brand new to freelancing, it can feel really
15:38
Speaker 2: up and down because you've never done it before. But
15:40
Speaker 2: if that's your chosen I guess career path, have a
15:43
Speaker 2: look at the last three or six or even twelve
15:46
Speaker 2: months and work out what your average is, and if
15:49
Speaker 2: you feel like the average is relatively close to what
15:52
Speaker 2: you're earning, like some months it might be just under,
15:54
Speaker 2: in some months it might be over, let's budget on
15:56
Speaker 2: that average amount. If that average amount you see you
16:00
Speaker 2: feel is a little bit too much, have a look
16:02
Speaker 2: at what your lowest earning months are and take those
16:05
Speaker 2: months and let's budget based on your lowest earning months,
16:09
Speaker 2: because that means anything above and beyond is going to
16:11
Speaker 2: be cream on top, and that's going to make you
16:14
Speaker 2: feel a lot more financially stable. So when it comes
16:17
Speaker 2: to freelancing, I think there's you know, lots of different
16:20
Speaker 2: areas where you could freelance, right Like obviously creatives do
16:24
Speaker 2: it a lot. You could be in literal medicine, you
16:26
Speaker 2: could be in so many different areas. But the important
16:29
Speaker 2: thing is to understand two different numbers. One what is
16:33
Speaker 2: your average income to what are your expenses? So a
16:38
Speaker 2: lot of people they bury their heads in the sand
16:40
Speaker 2: about expenses, But what you need to understand is what
16:44
Speaker 2: are your personal expenses? So what is your rent, what
16:46
Speaker 2: is your food? What is all of that when it
16:48
Speaker 2: comes to your personal life. But what are your business expenses?
16:51
Speaker 2: Like do you have accounting software that you pay for
16:53
Speaker 2: every month? Do you have you know, different freelance costs
16:57
Speaker 2: that come into it, Because those two numbers should always
16:59
Speaker 2: be treated differently, like your business costs should not be
17:03
Speaker 2: confused with your personal costs because you need to be
17:06
Speaker 2: making sure that your business is covering those and you're
17:09
Speaker 2: all good. But the important thing is to try and
17:11
Speaker 2: find as much I guess stability as possible. And that's
17:15
Speaker 2: why I always rely on budgeting with the lowest amount.
17:18
Speaker 2: And you might go but the some months and like,
17:21
Speaker 2: let's just be really stereotypical about this. In picksel numbers
17:25
Speaker 2: V some months I make two thousand dollars, some months
17:28
Speaker 2: I make ten thousand dollars. Great, what you're going to
17:31
Speaker 2: do is take those months where you don't actually earn
17:36
Speaker 2: two thousand dollars where you're earning ten thousand dollars. What
17:38
Speaker 2: are you doing with that eight grand? Can we look
17:40
Speaker 2: at your money spending habits, because if you're anything like
17:43
Speaker 2: old me, you're blowing that eight grand that month you're like,
17:46
Speaker 2: oh my gosh, it's been so long since I've had money.
17:49
Speaker 2: I'm going to treat myself to ABCDNA, and then by
17:53
Speaker 2: the end of that month you have nothing left over
17:55
Speaker 2: for it. What I would do is go all right,
17:58
Speaker 2: that money needs to go into an other account, and
18:02
Speaker 2: that's where your average comes from. So Jess, say you've
18:05
Speaker 2: worked out your average is three and a half or
18:07
Speaker 2: four thousand dollars a month, but one month you get
18:09
Speaker 2: paid two thousand dollars. What we're going to do to
18:12
Speaker 2: have some consistency is take two thousand dollars out of
18:15
Speaker 2: that fund that you've put away, the rainy day kind
18:18
Speaker 2: of every day adjustment fund, and give it to yourself
18:22
Speaker 2: that month, so you're always living on the average. Yeah,
18:26
Speaker 2: because over time, if we're just living on the average
18:29
Speaker 2: and we have higher months, we are going to start
18:32
Speaker 2: to actually put money aside. That fund will build up,
18:35
Speaker 2: that will become your emergency fund. That makes you feel
18:38
Speaker 2: a lot more confident. But I think it's really important
18:41
Speaker 2: to realize that even if you are a freelancer, a
18:43
Speaker 2: lot of these budget tips and tricks do still apply
18:46
Speaker 2: to you. But what you need to do is look
18:49
Speaker 2: for the consistency on top of those tips and tricks.
18:52
Speaker 2: Does that make sense Yeah, one hundred percent, very well,
18:54
Speaker 2: said V I think it's important to also understand another
18:58
Speaker 2: freelancer rant, when was the last time you checked your pricing?
19:03
Speaker 2: When was the last time that you looked at how
19:06
Speaker 2: much you're charging clients?
19:07
Speaker 5: Yeah?
19:08
Speaker 2: Because I can almost guarantee that most freelancers haven't looked
19:11
Speaker 2: in it in more than twelve months. And inflation, my friends,
19:14
Speaker 2: was seven percent. So are you going to be increasing
19:17
Speaker 2: your rates? Because I can almost guarantee that your business
19:21
Speaker 2: expenses have gone up in that period of time as well.
19:24
Speaker 2: So we need to actually be putting future us first
19:27
Speaker 2: by looking at pricing. And one of the most important
19:29
Speaker 2: things as a small business owner or as a freelancer
19:33
Speaker 2: is to have an understanding of your worth. And if
19:36
Speaker 2: you're not doing that, you're shooting yourself in the foot
19:38
Speaker 2: and you're always going to feel like you're chasing your
19:40
Speaker 2: tail like you do good work. Your clients see value
19:43
Speaker 2: in that, please put a financial number on that. So
19:47
Speaker 2: I think that's that's where I'm at. Do you guys
19:49
Speaker 2: have anything that you would like to add to the
19:51
Speaker 2: freelance combo?
19:52
Speaker 4: I think on the money thing, going off what you
19:53
Speaker 4: were saying, obviously, she said that if you're self employed,
19:57
Speaker 4: like you can't ask for a pay rise the way
19:58
Speaker 4: that someone who is an employee can. As well as
20:01
Speaker 4: putting up your raise, you can pitch more work. I
20:03
Speaker 4: feel like a lot of people when they've been freelancing
20:05
Speaker 4: for a while get a bit comfy and wait for
20:07
Speaker 4: work to come to us. But are you approaching people
20:10
Speaker 4: in your kneese? Are you putting flyers in local businesses?
20:13
Speaker 4: Are you advertising on the internet? Do you have a
20:15
Speaker 4: social media that's acting as a funnel. There are lots
20:17
Speaker 4: of things that you can do to generate additional business
20:20
Speaker 4: as well, and that's another way to kind of pump
20:22
Speaker 4: up that income and you know, effectively raise the amount
20:26
Speaker 4: of money that you're able to pay yourself. Once you
20:28
Speaker 4: raise how much cash flow.
20:29
Speaker 2: You've got coming in. Yeah, I agree. I think it's
20:31
Speaker 2: really just about just being across your numbers, and that's
20:34
Speaker 2: harder done than it is said. Unfortunately, I think saying, oh,
20:38
Speaker 2: I'm across my numbers because you knew what came in
20:40
Speaker 2: last month? What's your average? Yeah, what's the mean? What's
20:44
Speaker 2: you love them? I think it's really important to understand
20:48
Speaker 2: that though, like what is going to be the most
20:51
Speaker 2: reasonable number for you to base your budget on, because
20:54
Speaker 2: if you start making financial decisions because you had one
20:57
Speaker 2: ten thousand dollars a month, that's actually going to shoot
20:59
Speaker 2: you in the You can't live a ten thousand dollars
21:02
Speaker 2: a month lifestyle. If that was just a one time
21:05
Speaker 2: or a two time thing, or maybe you've gotten comfy
21:08
Speaker 2: with it because it happened three months in a row,
21:10
Speaker 2: but what you forgot was that it was actually coming
21:12
Speaker 2: up to Christmas time and then you're going to have
21:14
Speaker 2: a lull come you know, the rest of the year.
21:17
Speaker 2: So I think it's really important to look at your
21:19
Speaker 2: numbers deeply and understand, well, when is my peak season?
21:23
Speaker 2: Because everyone's going to have a peak season, even you, Jess,
21:25
Speaker 2: you do freelance content, there is going to be peak seasons.
21:29
Speaker 2: And like I already know for she's on the money,
21:31
Speaker 2: what those seasons look like because of the types of
21:33
Speaker 2: content that we create. We know that June is massive
21:36
Speaker 2: for us because we're a finance podcast and there are
21:39
Speaker 2: lots of financial things to talk about at end of
21:41
Speaker 2: financial year. Christmas, end of year is big for us.
21:45
Speaker 2: But that might not be true for every industry. So
21:48
Speaker 2: you need to look at yours and go, well, when
21:50
Speaker 2: am I going to be making the most or when
21:52
Speaker 2: am I going to be, you know, making the least?
21:54
Speaker 2: And I need to actually have a little bit of
21:56
Speaker 2: buffer set aside to make sure that I can still
21:58
Speaker 2: pay my bills.
22:00
Speaker 4: Absolutely.
22:00
Speaker 2: Would you like to move on to our spicy DM
22:02
Speaker 2: of the week? Guys, Yes, you can't wait.
22:05
Speaker 4: It's the highlight of my week every week, all right.
22:07
Speaker 2: So we've got a community dilemma to discuss this week,
22:10
Speaker 2: guys and the DM. It sounded a lot like this, Hi, girls,
22:14
Speaker 2: just sending this off the back of Ved's article about
22:17
Speaker 2: reversing your financial commitments. A friend of mine got a
22:21
Speaker 2: dog in lockdown and now she can't afford to feed her.
22:25
Speaker 2: She's always talking about putting it up for adoption because
22:28
Speaker 2: she's just so stressed financially. The dogg oh has built
22:31
Speaker 2: up quite a few vet bills recently as well, and
22:34
Speaker 2: I know she's just really freaking out. I feel so
22:36
Speaker 2: bad for the dog. I also feel bad for my
22:38
Speaker 2: girlfriend because it breaks her. But is this the right
22:41
Speaker 2: thing to do? I also feel like I should add
22:44
Speaker 2: my friend a lot like us was in a much
22:46
Speaker 2: better position financially a few years ago.
22:49
Speaker 4: This one hurts my heart. Such a hard position to
22:53
Speaker 4: be in.
22:54
Speaker 2: I feel like it's a good conversation to have, though.
22:56
Speaker 2: Beck and I recently recorded our Deep Dieve Frour our
22:59
Speaker 2: financial commitment episode and whether you can back out of
23:02
Speaker 2: financial commitments and Beck, what's the summary of that. I
23:05
Speaker 2: mean you can, but we were definitely talking about things
23:08
Speaker 2: that were not pets. Not pets, not living feeling creatures. Yeah,
23:13
Speaker 2: but you can back out of any financial commitment. Yeah,
23:15
Speaker 2: I think it's important to put future first. Yes, I'm
23:19
Speaker 2: the type of person that's going to really struggle with
23:21
Speaker 2: this question because there have been times that I have
23:24
Speaker 2: been incredibly financially stressed and I would feed my cat
23:28
Speaker 2: before I fed myself. So I feel like pets are
23:32
Speaker 2: different for everybody, So I probably need to preface my opinions,
23:37
Speaker 2: probably coming from a place where I have grown up
23:39
Speaker 2: being obsessed with pets. I have three of them that
23:42
Speaker 2: are my life. Like, I don't know what's going to
23:44
Speaker 2: happen when I have a human child, Like, how do
23:46
Speaker 2: you love a human child more than you love your cat? Jessica,
23:49
Speaker 2: I actually don't know. I don't know, like it's going
23:54
Speaker 2: to be important. Have you seen my dog? Holy moly,
23:57
Speaker 2: a kid can't beat that. Yeah, So I find it
24:01
Speaker 2: really hard to be having that conversation in saying that,
24:05
Speaker 2: putting my pragmatic hat on. If that is a financial constraint,
24:08
Speaker 2: I think obviously the best answer is to rehome that dog. Yeah,
24:12
Speaker 2: it's true. Hopefully there's someone that is close enough to
24:17
Speaker 2: someone that you can see often that will be willing
24:20
Speaker 2: to take this dog on, or is anything you can
24:23
Speaker 2: shift around, maybe make some you know, money? A PI
24:28
Speaker 2: is hard to say because it's probably not possible. But
24:31
Speaker 2: is this your last resort? Is your last resort getting
24:34
Speaker 2: giving the dog up? You know what I mean? And
24:36
Speaker 2: if it is, I don't know. I don't really own pets,
24:40
Speaker 2: but I do know that I just feel really terrible
24:43
Speaker 2: for the animals who have formed an attachment. But everyone's
24:47
Speaker 2: going to be okay. Everyone adapts. Every animal adapts, everything's
24:50
Speaker 2: going to be okay. So if it's the last resort,
24:53
Speaker 2: of course, give the dog up. But maybe try someone
24:56
Speaker 2: that you know, someone that you are friends with, family
24:59
Speaker 2: with you can see the dog sometimes, you know, something
25:02
Speaker 2: like that's when close if not, I think we need
25:06
Speaker 2: is this a season of life or is this what
25:08
Speaker 2: life's going to look like full time moving forward? Like
25:11
Speaker 2: is there a way that you could get some support
25:12
Speaker 2: in the interim because you're really struggling financially. There are
25:16
Speaker 2: lots of resources totally, Like, there are heaps of resources,
25:19
Speaker 2: and I don't think it just comes down to the dog,
25:22
Speaker 2: right and like we could find a way to feed
25:24
Speaker 2: the dog very cheaply if we needed to for a
25:26
Speaker 2: short period of time, but you know as wells pets. Yeah,
25:31
Speaker 2: Like there's just a lot in that conversation, I think.
25:35
Speaker 2: But Jess, have you ever made a financial commitment that
25:37
Speaker 2: you struggled to I guess keep you probably haven't because
25:41
Speaker 2: she's muchmuder than aspect.
25:44
Speaker 4: I don't think so, not in this way, And I
25:46
Speaker 4: think that's why this question we're all finding it quite hard. Yes,
25:49
Speaker 4: I'm the same as u V. I think I think
25:51
Speaker 4: about a pet and I view it as a child,
25:53
Speaker 4: like it is dependent on you. Yeah, And I think
25:55
Speaker 4: there's a broader conversation to have, and it's a good
25:57
Speaker 4: chance for a reminder, I guess that. And you take
26:00
Speaker 4: on a pet, you're taking on a commitment, hopefully for
26:03
Speaker 4: over a decade depending on the pet.
26:04
Speaker 2: Yeah, that's a lifetime because that's their lifetime commitment. Like,
26:07
Speaker 2: you don't take on a pet with the idea that, oh, well,
26:10
Speaker 2: i'll just get rid of it h if it's too hard.
26:11
Speaker 4: Yeah, we're not getting bunnies for Easter because they're cute.
26:14
Speaker 4: We're not getting puppies and then getting rid of them
26:15
Speaker 4: because they get big lately.
26:17
Speaker 3: You know.
26:17
Speaker 4: I think just a good reminder for people that pets
26:20
Speaker 4: require love and sometimes things come up like with this
26:22
Speaker 4: girl's poor dog, where they require surgery. And I know
26:25
Speaker 4: that those are things that you can't plan for, but
26:28
Speaker 4: it's something that you, I guess you have to factor
26:30
Speaker 4: in at the start. And I know that if someone
26:32
Speaker 4: said to me, hey, like it's going to cost six
26:35
Speaker 4: thousand dollars, your choices are pay that money or put
26:38
Speaker 4: your pet down. I know that that is absolutely not
26:40
Speaker 4: That is a decision that I would really, really really
26:43
Speaker 4: struggle with right, And so I can see how she
26:45
Speaker 4: got into this position where she's she's obviously paid for
26:47
Speaker 4: these surgeries and maybe that's put a significant amount of
26:50
Speaker 4: financial strain from her, And that's come from a place
26:52
Speaker 4: of love, and that's come from a place of I'm
26:54
Speaker 4: trying and I'm doing my best. So I'm not in
26:56
Speaker 4: any way implying that she's being no neglectful, of course not.
27:00
Speaker 2: And because we don't know the circumstances at all, it's
27:02
Speaker 2: just a really hard conversation to have. And I think
27:04
Speaker 2: it's our responsibility to drive home the fact that a
27:08
Speaker 2: pet is a responsibility. And I think that, Yeah, it's
27:12
Speaker 2: interesting because I've you've probably had it before to just
27:15
Speaker 2: where people reply to your Instagram stories they're like, oh
27:18
Speaker 2: my gosh, seeing your cat makes me want to get one. Yeah,
27:21
Speaker 2: and I go, don't just get one because mine looks cute. Yeah,
27:24
Speaker 2: like minor responsibility, like.
27:25
Speaker 4: Bailey, My couches they pee on shit. Like there's the
27:28
Speaker 4: bad stuff too, Yeah, yeah, like my cat Bailey.
27:31
Speaker 2: I have had what now, eleven and a half years,
27:34
Speaker 2: and he is my best friend and he is now
27:37
Speaker 2: what twelve and a half ish. He's getting to be
27:40
Speaker 2: old boy.
27:41
Speaker 4: He's such a sweetheart.
27:42
Speaker 2: But like, there have been times where financially it's been
27:45
Speaker 2: really hard, but I kind of feel like I committed
27:49
Speaker 2: to that cat and making sure that he had his
27:52
Speaker 2: best life. Like it has constrained me in so many
27:55
Speaker 2: different ways, from not being able to apply for certain
27:57
Speaker 2: rentals to not being able to travel if I couldn't
27:59
Speaker 2: find a pet sitter for him, to like lots of
28:02
Speaker 2: different things that I know other people who have gotten
28:05
Speaker 2: rid of pets for those reasons, and I just go
28:08
Speaker 2: if that's the case, Like if you want to get
28:09
Speaker 2: a pet, and then all of a sudden you want
28:11
Speaker 2: to go on a holiday, but you can't find, you know,
28:12
Speaker 2: pet sitter, so you get rid of the dog. You
28:14
Speaker 2: shouldn't have had that dog in the first place. I
28:16
Speaker 2: think I'm quite cut and dry when it comes to
28:20
Speaker 2: pet justice. I see a lot of tiktoks.
28:23
Speaker 4: I'm on pet TikTok at the moment, I'm on animal
28:25
Speaker 4: shelter TikTok because I think because I was looking, I
28:27
Speaker 4: was trying to figure out how lay if I don't
28:29
Speaker 4: know's how you can volunteer with local shelters on like
28:31
Speaker 4: social media or something like that because I really need
28:33
Speaker 4: to do that. But anyway, that's the personal gain. I'm
28:35
Speaker 4: on that side of TikTok. And there's this trend that
28:37
Speaker 4: shelters are doing. They're putting up like videos of the
28:40
Speaker 4: animals and why they were donated.
28:44
Speaker 2: I mean, break my heart.
28:45
Speaker 4: It's honestly gut frenching because I watched one literally last night,
28:49
Speaker 4: and like, some of them makes sense, you know, the
28:51
Speaker 4: owner passed away, or the owner moved into state. There
28:55
Speaker 4: was one like the owner went to jail. Oh no,
28:58
Speaker 4: and you just go, that's really hard. But there are
29:00
Speaker 4: some that it was like dog was too noisy, oh
29:03
Speaker 4: you know, or cat you know, tore up couch and
29:06
Speaker 4: things like that, and you go, oh, these are the
29:08
Speaker 4: people that probably shouldn't think about what they were getting into.
29:11
Speaker 4: On the note of shelters, I will say as well,
29:14
Speaker 4: if it's just the food thing for our listener or
29:17
Speaker 4: a friend of our listener, a lot of local shelters
29:20
Speaker 4: will actually pass food along to people in need, So
29:23
Speaker 4: if they don't want you to give up the pet, no,
29:25
Speaker 4: So I would say, if it's just the food thing,
29:27
Speaker 4: and as you said, if you think it's just right now,
29:29
Speaker 4: while times are tough, and you know, people are struggling
29:32
Speaker 4: to put food on the table for themselves, let alone
29:33
Speaker 4: for a pet, which I totally understand. It could be
29:36
Speaker 4: worth just reaching out to a couple of your local
29:37
Speaker 4: shelters because a lot of people donate foods to those
29:40
Speaker 4: shelters and where they can, I know that they will
29:42
Speaker 4: pass that along to help out a pet and a
29:44
Speaker 4: family in need. So that's something that you could look
29:46
Speaker 4: into as well. But yeah, I think ultimately we don't
29:50
Speaker 4: want the pet sitting there having a diminished quality of
29:54
Speaker 4: life and consequently you also feeling really terrible and really
29:58
Speaker 4: stressed as well. If it is the absolute last resort,
30:01
Speaker 4: I think, as you said back, like the right thing
30:03
Speaker 4: to do is to rehome it, hopefully close to home.
30:06
Speaker 4: But I think we all get how awful and how
30:09
Speaker 4: hard that totally I agree.
30:11
Speaker 2: We asked our community obviously what their thoughts were. Someone said,
30:15
Speaker 2: I'm a VET nurse and we're seeing this a lot
30:17
Speaker 2: post COVID lately. You have to do what's best for
30:20
Speaker 2: both of you.
30:21
Speaker 4: Yeah, I get that.
30:22
Speaker 2: Very nice. Someone said, I got in a lot of
30:24
Speaker 2: debt at a young age and I ended up in
30:26
Speaker 2: a part nine debt agreement, but I still have my cat.
30:31
Speaker 2: That's cute.
30:31
Speaker 4: Well, it makes you think about too, like companionship. Like
30:33
Speaker 4: you see a lot of homeless people who will keep
30:35
Speaker 4: their pet, and I know that there's a lot of
30:37
Speaker 4: mental health. There's a lot of discourse around whether it's
30:40
Speaker 4: good or bad. But yeah, I completely agree, Like they'll,
30:42
Speaker 4: like you said, sometimes they'll feed the pet before they'll
30:44
Speaker 4: feed themselves.
30:45
Speaker 2: It's that bond, right, that love and that connection totally.
30:49
Speaker 2: Someone said, I got a dog during COVID. She came
30:52
Speaker 2: with a lot of health issues. We just had to
30:54
Speaker 2: tighten our budget to be able to afford her. Someone said,
30:57
Speaker 2: I would do absolutely anything I could to keep my animal,
31:00
Speaker 2: but if the choice has to be made, it has
31:02
Speaker 2: to be made. I think that's really compassionate at the
31:05
Speaker 2: end of the day. Like at the end of the day,
31:07
Speaker 2: I think it's the last ditched plan, and I think
31:10
Speaker 2: that there shouldn't be shame in that. But I also
31:13
Speaker 2: think that we need to advocate for animals so much
31:16
Speaker 2: more than we already do, Like they are such a
31:18
Speaker 2: massive responsibility. And if you've got a dog during COVID,
31:22
Speaker 2: because you're like, ah, well, we're home all the time,
31:24
Speaker 2: we'll work it out later, like no, no, no, that
31:26
Speaker 2: was a twelve to fourteen year commitment from you.
31:29
Speaker 4: And they're sentient beings, like they get attached, they have emotions,
31:32
Speaker 4: they have feelings like if you're on that side of
31:34
Speaker 4: TikTok or if you're not, go on there, Like you.
31:36
Speaker 2: Don't even need to be on that side of TikTok.
31:38
Speaker 2: I have my God, I'm obsessed with my dog, and
31:41
Speaker 2: it's like right back at me, like we're obsessed with
31:44
Speaker 2: each other. We're in livee.
31:45
Speaker 4: She does love you.
31:46
Speaker 2: Yeah, they're the rules I told her with me. If
31:49
Speaker 2: you want to eat all the good food, you gotta
31:51
Speaker 2: love make us look good on the internet, Luci. But
31:55
Speaker 2: I think it's just one of those things where obviously
31:58
Speaker 2: rehoming a pet can sometimes be best thing, and at
32:01
Speaker 2: the end of the day, if that's what you're thinking,
32:03
Speaker 2: then maybe you're not giving the pet the love it
32:04
Speaker 2: deserves to begin with that home. I don't know, but
32:07
Speaker 2: I would really start with trying to find in a
32:10
Speaker 2: new home before deciding to take it down to the pound. Yeah,
32:13
Speaker 2: I agree completely, Yeah, absolutely, I mean message usin, will
32:17
Speaker 2: put it on the stories and so yeah, because like
32:20
Speaker 2: I just I would hate to think that someone in
32:22
Speaker 2: our community had to give up a pet when there
32:24
Speaker 2: are so many beautiful community members that probably want a
32:26
Speaker 2: little furry friend. Totally, that's how I got Daisy, I know,
32:30
Speaker 2: I know. We went nuts on the internet and tried
32:32
Speaker 2: to find Jess a family member, and do you know what,
32:34
Speaker 2: we were successful.
32:35
Speaker 4: It was a cute community came through.
32:37
Speaker 2: I love it. I love it. Got a bad way,
32:40
Speaker 2: but I think that's it. I feel like a little
32:44
Speaker 2: now I know it. Un Thus, you absolutely must and
32:48
Speaker 2: that's okay. You were in a safe space. Yeah, I
32:51
Speaker 2: know you totally are. Like, I don't think that there's
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Speaker 2: any judgment if it's the last ditched attempt, like I
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Speaker 2: think it's. It is what it is, isn't it all right?
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Speaker 2: Well with that, I hope you guys have the most
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Speaker 2: beautiful weekend and we'll see you right early on Monday
33:03
Speaker 2: for our money diary. Bye guys.
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Speaker 4: Bye.
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