Latest / The Curve / RTC95: The very best bits of 2023, part two (this one’s for you, Meg).

Transcript

RTC95: The very best bits of 2023, part two (this one’s for you, Meg). · The Curve

0:00
This podcast is proudly sponsored by HelloFresh.
0:03
One of the things that we love the most about HelloFresh
0:06
is that you can save time, stress, food waste, and of course the kicker money.
0:11
How often do you go to the supermarket and buy stuff you do not need?
0:15
I do this more than I like to admit.
0:18
HelloFresh is freeing their prices until March 2024
0:21
so it is the perfect time to give HelloFresh a go.
0:25
Welcome to Raising the Curve.
0:27
This podcast designed to teach you everything you need to know to be better with your money.
0:31
And the wise words of Amy Schumer were slipping carrots into the brownie recipe.
0:36
I don't really get the saying.
0:38
It's kind of like eating vegetables that actually taste good.
0:41
You know, I like to stay in the brownie too.
0:43
Are you on the script?
0:45
It's basically like saying investing in finance can be boring but it totally doesn't need to be.
0:51
Okay, okay, so we're making it fun by putting the carrot.
0:55
Okay, the vegetables are good for you.
0:57
It's the brownie recipe.
0:59
Okay, we got there, we got there.
1:00
Okay.
1:01
Well, you've really got to finance me.
1:02
Yeah, one of us has to.
1:04
This is a show.
1:05
Okay, come and learn alongside me from Vick Harris, ex-fun manager
1:09
where I'm going to ask all the questions that you wish you could.
1:12
And I'm going to be eating all the brownie you wish you could.
1:14
No, that's so not the joke, Vick.
1:17
Okay, just come and talk and learn and laugh with us
1:20
because together we really can raise the curve.
1:25
Are you ready, Vick?
1:26
Buckle up.
1:27
We've got a big episode ahead.
1:28
Gosh, I know.
1:29
Be a spurts part.
1:30
Who?
1:31
Can you believe it?
1:32
We have so many best bits that we've got two whole episodes that we need.
1:36
My words to the best bits for, you know, just keep regurgitating all of our podcasts.
1:41
We're quite good, wouldn't that?
1:42
Yeah.
1:43
We could just have a whole year of best bits.
1:45
2020.
1:46
That's 2021.
1:47
No, because I think my filing system for like 2020 and 2021 was like so bad that we
1:53
might not be able to find any of that audio.
1:55
What?
1:56
We won't be doing that, actually.
1:58
Oh, what about when we're old and decrepit and we want to listen to what our young voices sounded like?
2:04
You can just do that on Spotify.
2:06
You can go through and just listen to yourself.
2:08
Oh, true.
2:09
Yes, okay.
2:10
Good tomorrow.
2:11
I'll put that in mind.
2:12
You're going to fix your heart.
2:13
You know, it's so funny.
2:14
You said that because I actually did think about this.
2:16
I thought, far out.
2:17
Imagine like going back to listen to, okay, I'm just going to actually have to tell you why.
2:22
Why I bought this.
2:23
So today I was listening to Abby Chatfield, who by the way is.
2:28
So she's kind of like an Australian version of Alex Cooper, I would say.
2:32
Just quite a hope.
2:33
Some of the shit that she talks about, like she's funny, but she's also pretty.
2:37
Like she rubs people up the wrong way.
2:39
I think she's amazing.
2:41
But anyway, I was listening to an episode that she, she used an episode she recorded in 2020 and locked down when she was really drunk.
2:49
And talking about how to give head properly.
2:52
And so she apparently this has been the most like listen to episode that she's ever done.
2:56
So she was like, right, I'm going to go through and listen and do a part too.
2:59
So she's basically playing back bits of her like how to give the best head.
3:03
And then like commenting in the last three years if like she's changed the way she does it.
3:08
Oh my god.
3:09
It's a great episode.
3:10
She said that all these people come up to her like guys included and like thanks so much for teaching my girlfriend how to give head.
3:16
Apparently like the tips are great.
3:18
So you know, I was listening to that.
3:20
I can't move what I see.
3:21
Yeah.
3:22
Yeah.
3:23
She's like, oh my god.
3:24
I'm just so drunk.
3:25
Yeah.
3:26
But anyway, I got me thinking imagine listening to our old episodes, how cringed we would be like imagine the first episode like introduction to the curve.
3:35
We were like, hi, I'm Sophie.
3:38
I'm.
3:39
Yeah.
3:42
No, it's funny when people come up to me, they're like, oh my god.
3:45
I've just just learnt of the curve and I've gone back and I've I've started from the beginning.
3:50
And I'm like, oh, dear God.
3:51
I'm like, please don't.
3:52
Please don't.
3:53
I'm like, I'm like, do listen because like I definitely don't need to start from the beginning.
3:58
But also I'm terrified to think the shit that I talked about.
4:01
Maybe we can do a Taylor Swift and like just redo.
4:05
That's a good idea.
4:07
Maybe we redo the intro.
4:09
Definitely the introduction could do a rejig.
4:11
I would listen to that and probably not listen to any more episodes if that was.
4:16
That's so great.
4:18
Okay.
4:19
So today we're going to talk about a bunch of our highlights in terms of what we thought was some of the best guests that we've had on that are well worth going back for and listening again.
4:27
But also you might want to just listen to this episode, get a few highlights.
4:31
Be like, ah, yes, that was a great one liner.
4:34
Walk down memory lane.
4:36
But before we get into it, I wanted to tell you something that I've done.
4:43
So I haven't actually really gone into it.
4:46
I haven't gone into detail about this with that because I just thought this is podcast content.
4:54
You know, so you don't tell me anything these days.
4:57
Let's wait till we record.
4:59
I know.
5:00
Okay.
5:01
So recently I was doing a bit of doored laying around Broadway market, which is kind of a cool part of London.
5:07
There's lots of little boutique shops blah, blah, blah.
5:10
Anyway, someone had said you should go and check out the shop called right.
5:14
And I was like, okay, cool.
5:16
Like what's there?
5:17
I was just really cool vintage stuff.
5:19
You can rent things out.
5:20
It's kind of like designer wardrobe, but in person so you can go in and try things on and then rent them.
5:25
Cool.
5:26
We interned with the plan of potentially renting something because I knew I couldn't afford to buy a new dress for this event that I had classic.
5:34
I found myself in the section, the purchase section.
5:38
And I found these really cool black pants that were like semi-high-waisted, you know, totem.
5:45
Of course, you do the brand totem.
5:47
So they were secondhand black totem pants.
5:50
Great purchase.
5:51
They were 150 pounds.
5:53
However, they...
5:56
Okay, I tried them on.
5:58
I was like, these are cool.
5:59
I like them.
6:00
These are great.
6:01
And I was like, hi, just wondering like, what is your return policy?
6:04
Because hypothetically, if I want to take these back, you know, I just sort of needed the comfort to know I could.
6:09
She was like, you actually can't.
6:10
Sorry.
6:11
Like, once you walk out, there's like no refund on our sale items because they're on sale.
6:15
Fair enough.
6:17
So anyway, I just like had this moment.
6:19
I was like, do you know what?
6:20
These are great pants.
6:21
They fit me well.
6:22
They're a good fit.
6:23
They're an everyday put, you know, just talk to myself into it.
6:26
Bought the pants left.
6:28
And an hour later, I was spiraling.
6:31
I was like, why did I do that?
6:33
I shouldn't have bought those pants.
6:35
I kind of bought the pants.
6:37
And I had a full on spiral.
6:41
I was actually at the co-working space.
6:43
And I was like, maybe I should just walk back with them right now.
6:46
Oh my god, but like, they don't give free funds anyway.
6:49
I was like, do you know what?
6:50
I'm just going to try my luck here.
6:51
Firstly, I checked my bank balance.
6:52
And I realized that like, I wasn't going to be able to afford rent and less I returned these pants.
6:59
Why do this to myself?
7:00
I just don't.
7:01
I don't know how this is.
7:02
I know.
7:03
Anyway.
7:04
So I was like, right.
7:05
So just before I'd left, I had met the owner.
7:08
She just popped in.
7:09
She happened to be a Kiwi, really.
7:11
And I thought, I'm just going to try my luck here.
7:13
I'm going to send them an email, explain the situation.
7:16
So buckle up.
7:17
I'm going to read you the email I sent.
7:19
So the title of the email is Sophie Horreit, dash embarrassed customer.
7:23
Hi there.
7:24
My name's Sophie Horreit.
7:26
Hello Kiwi.
7:27
I met the owner.
7:28
I was just in this afternoon.
7:30
I also just sent this to my general enquiries page.
7:36
I basically like searched all of the contact forms on their website to be like, where can I get in touch with people?
7:42
Quickly.
7:43
Apologies for the double up, but I'm feeling quite worried.
7:46
I literally walked out of the shop 30 minutes ago after purchasing a lovely pair of token pants.
7:51
However, I was wondering, is there any chance I could come back in for a refund?
7:56
I know you don't only do refunds, but given the purchase was made just now, I was hoping that you could please make an exception.
8:03
Full disclosure, I didn't realise that I need to pay rent this weekend and I cannot afford these pants.
8:09
Oh my god.
8:11
It was reckless.
8:13
Anyone else would be like, just please, please let me return.
8:16
I was like, if I could be like, I feel sorry for this girl.
8:20
I have to.
8:21
I have to.
8:22
Yeah, so I replied in the next bit as it was reckless and I'm feeling really embarrassed and stressed about it.
8:26
If there's any chance that you would consider this as a once-off, I would be so, so, so, so grateful.
8:31
Thank you Sophie.
8:32
So, so, so, so.
8:35
Anyway, long story short, she replied, wait for it.
8:40
So she goes, hi Sophie, lovely to meet you earlier.
8:43
No problem at all.
8:44
Are you able to drop them back today?
8:46
Well, process a refund for you, but it might take a couple of days to come through depending on your bank, Nick.
8:51
And I was just like, you're like, mega, I love you.
8:55
Oh, what a legend.
8:56
I was like, capitals.
8:57
I was like, thank you so much.
8:59
Honestly, you have no idea how I imagine I appreciate this.
9:01
And then I like when it's a full over-shear mode.
9:04
And I was like, this might be an over-shear, but I've just found out that I have ADHD.
9:07
One of the behaviors, especially a woman, is struggling with impulse buying.
9:11
This is the first time it's happened since being diagnosed.
9:14
I'm hoping that by recognizing it, I'm not going to do this again.
9:16
Blah, blah, blah, blah.
9:17
Like spiraled into this huge over-shear, like just so standard, Sophie.
9:20
And she was like, hi, no problem at all.
9:22
Blah, blah, blah.
9:23
She's like, that's so interesting.
9:24
I've also recently been diagnosed with ADHD.
9:26
I know so many other women who have been recently finding this out about themselves as well.
9:30
But I didn't realize that like impulse spending is one of those things.
9:33
Blah, blah, blah, blah.
9:34
Anyway, we ended up having this full email exchange about it.
9:36
And I was just like, wow, that's so crazy.
9:39
How like, a.
9:40
What a legend for a merry fund, because she totally didn't need to.
9:44
But also B.
9:46
I was like, I don't know.
9:47
There was some kind of weird comforting element to the idea that she also has ADHD.
9:53
And like, do you know that time that I first found out and we were sitting on the train
9:57
and that guy interrupted our conversation was like, excuse me.
10:00
Yeah.
10:01
I'm sorry to interrupt your conversation, but like I've just overheard what you were talking about.
10:04
And I'm also in the same boat.
10:05
I don't know.
10:06
There's some kind of like strength in numbers thing where it feels, I feel like less of a problem child.
10:13
That there's all these people I look around who I really love and respect
10:17
and have done really cool things who also have neurodampage.
10:20
So I just thought I would share that.
10:22
And also talk about the fact that like impulse spending is not something I plan on taking into 2024.
10:26
Yeah.
10:27
Love that.
10:28
Learning and improving.
10:29
It's great.
10:30
Yeah.
10:31
No, amazing that she was such a legend.
10:33
Yeah.
10:34
A lot of people could have been like, no, I have to run the business as well.
10:37
And these are the T's and C's.
10:38
You know, like 100%.
10:39
Can you imagine?
10:40
I would be like, you know, maybe rent.
10:42
I can't be rent.
10:43
You'd be like, Katie, do you want these pants?
10:46
They're worth.
10:47
No, it's the same amount as rent.
10:49
I totally would.
10:51
Hey, so like, I know that there's 150 pounds short of rent this week.
10:55
Um, but what I was thinking is that I can be worth that.
10:59
So I know that you're half of me to shorter than me, but like we could get them taken up.
11:05
Oh, God.
11:06
Oh, God.
11:07
Anyway.
11:08
So look, it was a saga, but just one to bring them up to see if maybe you had any tips on like impulse spending
11:15
because there might also be other people listening because I've known that it's something that I do.
11:20
I'm aware of it.
11:21
But like being aware of it isn't necessarily enough to change habits.
11:26
So I don't know if like you've ever struggled with impulse spending or if you probably haven't,
11:31
because you are like a born money guru.
11:34
But like, do you, I don't know, do you have any like helpful tips?
11:38
Personally, I would have taken money out and put it into a separate account already.
11:43
So I didn't have that money to spend on pants.
11:45
So I would have gone into the store being like, I have no money to spend because it's gone to rent.
11:50
You know, rather than being like, shit, I spent that money that was allocated for one thing on something else and then having a regret.
11:56
Okay.
11:57
So, so you, you separate all the money.
12:00
I would, I, that money would have gone into my landlords account or into a separate account.
12:05
So it's out of sight out of mind.
12:06
So I don't spend it and then come rent payment day.
12:10
I'm like, shit, I don't have the money.
12:12
So all those really, really important essential payments have to make.
12:16
I either put them in a separate account or pay them straight away as soon as I get paid.
12:20
And the rest is left over money.
12:22
So then, yeah, if I do impulse buy, it's not eating into something that's,
12:26
I'm going to be really stressed about like rent, for example.
12:29
Okay.
12:30
But also that impulse buy, yeah, I've definitely done it.
12:33
Oh, don't get me wrong.
12:34
It's like, I'm going through now to like sell a whole lot of clothes.
12:38
I'm like, why did I buy this?
12:40
I never worn this or, yeah, I'm just like, what a waste of money and just like,
12:45
shit that I have.
12:47
But there's definitely times when I'm literally lying on the couch, like scrolling Instagram.
12:52
Oh, that looks cool on the model.
12:54
And I'm like, back, you don't look anything like that model.
12:56
It's not going to look like that on you.
12:58
But I'm like, there maybe it will.
12:59
And then I'll buy it and I'll be like, oh, God.
13:02
And so I've kind of taught myself to literally exit that page.
13:07
And if you're still thinking about it the next day, then you can go buy it.
13:11
And honestly, I reckon 99 times out of 100.
13:14
I'm like, forget that I've wanted it or that I even saw it.
13:18
Okay, so key takeaways are try and exit the shop or Instagram before buying something big.
13:25
If it's not something you've planned on spending and also try and put your money in different accounts.
13:30
You should have left that store and been like, okay, if I'm still dreaming about this totem pants tomorrow,
13:35
I'll come back and buy them.
13:37
It's like creating friction, you know, creating a barrier.
13:41
And therefore, will that be something that I actually really, really, really want and can't stop thinking about?
13:48
Okay, then maybe you consider buying it.
13:51
But rather than just being like, oh, these look cool.
13:53
Yeah, cool.
13:54
And then realizing, I don't know, you probably got to appear exactly the same at home as well.
13:58
So it's just creating that friction and that barrier and being like, okay, is there something I actually need?
14:02
I like that you're a friction.
14:04
I think the idea that's good because literally as you said that I was like, yeah,
14:07
but it was a shop in East London.
14:09
And can I be asked going from West London to East London?
14:12
But it's like, that's the point.
14:13
If you really want them.
14:14
Exactly.
14:15
Yeah.
14:16
Exactly.
14:17
So answer my own question.
14:19
Okay.
14:20
We'll move on from that.
14:21
Let's revisit that another time.
14:23
Yeah.
14:24
Also just shout out to rights in London.
14:26
Thanks for being such a legend.
14:28
Meg, honestly saved me, saved the day.
14:32
So the best bits.
14:34
Yeah, best bits, the best bits.
14:37
I love it.
14:39
I watched love actually in the weekend.
14:41
And you know when he goes to the British guy, the dorky one goes to America and meets those three gorgeous girls in that bar.
14:50
And he's like, oh my god.
14:51
Yeah.
14:52
And then they're like, what do you call this?
14:53
And he's like bottle bottle.
14:55
And they're like, what about this?
14:59
And he's like, table.
15:00
And they're like, uh, yeah, that's just table.
15:03
What about straw?
15:04
Straw.
15:05
Straw.
15:06
Yeah.
15:07
So good.
15:08
I love that movie.
15:10
Oh, it's a classic.
15:11
Oh, it's so good.
15:13
I just love all the storylines.
15:15
Yeah, sorry.
15:16
It's a ritual.
15:17
It's a Christmas ritual.
15:19
It really is.
15:20
Anyway, best bits of tweety, tweety, three part two.
15:23
So we had, firstly, what was the amazing Jess Quinn?
15:28
Sorry, can you not do that with your inflation?
15:30
And we have just had on it.
15:34
The amazing Jess Quinn.
15:37
Uh, we love her.
15:39
She's so great.
15:40
She spoke about the cost of her leg, like literally how much her leg cost.
15:44
Which, my god, like over $30,000 on a leg, a prosthetic.
15:49
So she lost her leg when she was younger to cancer and holy shit.
15:54
You just fully take for granted when you have an able body, don't you?
15:58
I mean, the expenses that she has spent on that is out of the game.
16:02
I think what I didn't realize was just around how much health care can impact your finances.
16:08
Do you know what I mean?
16:09
That having a healthy, able body can save you so much money or put you in such a different financial situation.
16:16
Which again, kind of comes back to just having an open mind when you are talking to people in a different financial situation to you.
16:23
I have no idea what's going on in their lives, you know.
16:28
I also loved the bit when she talked about her pace for the first date.
16:33
I loved this.
16:34
There were so many good bits on this interview.
16:37
And she was one of those guests that we had, and I'm like, can I be your friends?
16:41
Can I be your friend there?
16:43
I know you've got lots of friends, but can we be one of them, please?
16:46
She's a baby now, and the baby just looks so married, baby.
16:50
Yeah, she looks so happy.
16:52
But anyway, this was a really interesting chair, and I think, you know, she's done a lot of interviews in her time around body positivity
17:00
and how you can have a really strong mindset when you're in hard places, all that kind of thing.
17:05
But this was a different side of Jess that I don't think you would have seen or heard before.
17:09
So if you would like to go back and listen to that episode, what one was at that?
17:13
Raising the curve, 62.
17:17
And yeah, it became really hard, and I couldn't imagine a world where it wasn't holding me back anymore,
17:22
and also a huge part of it wasn't.
17:24
Also, what other people thought it was that I just wanted to move on with my life,
17:27
because when my legs out even to this day, I get asked probably two times a day,
17:31
what happened to your leg?
17:32
Like, people thinking like, oh, it's just random people on the street.
17:34
Like, I'll walk into a cafe and order a coffee, and the rest is thinking he's being friendly,
17:37
but oh, what have you done to yourself?
17:39
Oh my god.
17:40
It kind of looks like I've had knee surgery.
17:42
Like, it kind of looks like a sports bandage.
17:44
And so I'm like, here we go.
17:46
And my backwards foot started swelling to a point where I couldn't put on my leg every day for two years.
17:51
And I'd have to smush it in there, and it was horrific, probably up there with the worst I'd been through.
17:56
And I just didn't, I went to every specialist under the sun, tried to get the leg fixed here,
18:01
didn't know if it was coming from me or the prosthetic.
18:04
And then eventually, I was living in L.A.
18:06
And I found this prosthetist who is a rotation plastic amputee.
18:10
So he has my backwards foot surgery, and he builds legs.
18:13
And it was just like, I've never met someone who I could relate to on a level like that.
18:16
And your long story short, I got a leg made there, and I was at the point where I would have spent any money in the world to get a leg made.
18:21
And that cost me $30,000.
18:23
I can tell you how much weight you made.
18:25
Yeah.
18:26
And a lot of money.
18:27
I just got to this place where I was like, cancer has taken so much from me.
18:30
I can't afford to let it take any more of my happiness.
18:33
You know, I've lost my leg.
18:34
I've lost a lot of my childhood.
18:35
I want to live my best life now and not hold myself back.
18:38
Because I guess I just really understand that I only have one life.
18:42
And I think I learned that obviously at a really young age.
18:45
He was quite keen to split quite a lot of the time.
18:47
I would go out and I'm like, you know, in the initial kind of first month kind of thing.
18:50
And then I was like, oh, maybe he doesn't really like me.
18:52
But I was like, that is such a lie that I've been told.
18:54
People have shown their love by like, oh, you know, it works with both earning money.
18:58
Like if we could just split the thing and it's like, why is it on him?
19:02
I think one of the biggest things people forget when they're trying to save money or reduce
19:07
what they spend on groceries is their amount of food waste.
19:11
A hundred percent.
19:12
You know, if you're buying a broccoli and you only use that for one meal and then you come to use it for the end of the week,
19:20
that broccoli is, is had it and you've had to waste half that broccoli.
19:23
And that is a cost to you.
19:25
And that's not a cost that lots of us can weather right now.
19:29
But I remember where I was.
19:31
I can't remember where we were, but I've made my lunch.
19:34
And I was having every single piece of spinach because I thought that's 30 cents, that's 30 cents.
19:40
You know, it is.
19:42
And so if you have food, not only is it bad for the planet to just throw stuff away,
19:46
but it's also bad for your wallet.
19:48
And I think that's why hello fresh is so brilliant because they pre-portion all of their food so that you don't have heaps of leftover.
19:54
And it's high quality ingredients.
19:56
And it's not often gross by the time you need to cook it.
19:59
I think there's, there's that, but then there's also the variety piece because for me,
20:03
I have the same types of recipes that I cook all the time because it's just a no brain out.
20:07
I don't have to think about it. I know what I need to buy, etc.
20:10
But the brilliant thing about hello fresh is that you get all these delicious healthy meals
20:16
that not only have variety in taste, but also nutrition because it's really important to not eat the same stuff all the time.
20:21
So I think that's a really great thing about having hello fresh is the idea that you're getting delicious food,
20:27
different food, the taste difference, not like Sophie's tacos, not after night.
20:31
I mean, Sophie's tacos are pretty good, but also I think you're a single person or just a couple
20:39
and you're trying to save many on groceries.
20:43
You do end up eating the same thing every night because you're buying a bag of carrots
20:49
and therefore you're wanting to use them all for that week.
20:51
You're buying bulk chicken so you're wanting to eat that for the whole week
20:55
because you don't want to waste it.
20:57
And so I think the great thing about hello fresh is that yes, it provides that variety.
21:01
You don't have to have chicken five nights in a row and waste it or decide to go out for dinner
21:07
because you're just so sick of chicken eating that you're going to turn it.
21:13
You as such a mum joke, you're turning to a chicken like goodness.
21:17
Anyway, delicious, lots of variety, beautiful ingredients.
21:21
They have over 30 recipes you can choose each week as well.
21:25
So they're not just giving you the recipes and saying eat this.
21:27
You can actually choose which is amazing.
21:31
So really not excuses even for the vegetarians, people with crazy dietary requirements,
21:37
someone that doesn't like chicken, there is something for you.
21:41
Now this is a lady who's so always is a name wrong.
21:47
I do so twice.
21:49
I always say farts as cooks.
21:51
Like she's cooking.
21:53
Like she's a cook.
21:55
She's not cooking.
21:57
And she's another lovely, lovely lady who actually has an similar feel to us.
22:03
No, she has got a huge following in terms of educating everyone around investing
22:09
and she does it in like such a funny and interesting way.
22:12
I think she's kind of one of the pioneers of the investing education space,
22:15
which is so epic to see and so epic to have her on a podcast.
22:19
The money.
22:21
I like it friends.
22:23
I'll have her.
22:25
You know she's one of those.
22:27
One of those that like puts those camaraderie.
22:29
I'm going to send you over and she'll be like, oh that can.
22:33
No, we're trying to achieve the same goal.
22:35
Yeah.
22:36
I think that kind of creates a friendship at a professional level of that makes sense.
22:41
So civics make so the Frances cut.
22:43
Yeah.
22:44
No, but she's great.
22:46
And I think the best part of this, which is something we've now shared with so many people,
22:49
is the idea of a money diary.
22:51
And we'll play a little snippet of that now.
22:53
But for anyone that hasn't listened to this episode, raising the curve 64,
22:57
Frances Cook, not cooks, is brilliant and full of so many great ideas.
23:04
But we'll play a few snippets now.
23:06
Raising the curve, episode 64.
23:09
You know, you get sold this idea of go to university, get a degree,
23:14
you'll get a really high-paying job.
23:16
Then everything will be fine and you're going to be rich.
23:20
And so you graduate you and you get the first job and you're like, oh well it's just the first job.
23:24
And then I'll get a pay rise and then you get a pay rise and you hopefully get a couple more.
23:28
And then you're like, why am I still not getting hit?
23:30
Why is life still so hard?
23:32
Why do I feel like I'm constantly on this hamster wheel and I'm never getting a head?
23:36
And I hit probably 26, 27.
23:39
And we're starting to get really frustrated and we're like, I just don't know what I'm doing wrong.
23:44
I'm working really hard and I'm never getting a head.
23:47
So yeah, money diary, where at least a week, right?
23:50
If you can do it for longer, you'll figure out even more about yourself.
23:53
But at least a week, because some people find it confronting to watch their money.
23:56
So just write down every single thing you spend for that week and also it's not just about cutting things.
24:02
But how much you needed to spend that and also how happy it made you?
24:07
Because all of this is only about building a life that you enjoy, right?
24:11
The point of money is not to be good or like the most deprived or the most right.
24:16
It's about building a life that you enjoy.
24:19
So how happy it made you is a really important thing.
24:22
Yeah. And from that, you're going to know a, where's your biggest spending areas?
24:26
You're going to find there's always at least one thing that you didn't need and it actually didn't make you happy either.
24:32
So that's easy. Biffett, who cares?
24:34
But you're going to know your priorities.
24:36
You're going to know what's adding to your life. You're going to know where your big spending areas are.
24:39
And then from there, I always think it's attacking those big expenses, things like your rent or your power or whatever.
24:46
If you can look at those and be like, how can I be smarter about this?
24:49
Even just shopping around for your power, going to power switch stuff or go to NZ.
24:53
And it's not going to be any different on when your lights turn on, as long as you still paint the bill.
24:59
It's just, you know, you're going to get the best plan for you and your lifestyle, you know?
25:04
And any of those sort of regular costs, any of those big costs, those are the ones you want to attack first.
25:11
Equity mates.
25:13
So these guys are definitely our mates now.
25:16
Surely.
25:17
Okay. No, they actually didn't send us an email.
25:19
Just claiming friends.
25:20
Yeah, yeah, yeah. We're on with the head off.
25:22
I reckon they're our friends. They've sent us an email.
25:24
They're like, hey, this was good content. We were like, oh my god. Thanks.
25:27
There we are.
25:28
We'll find us in there. Let's hang out.
25:31
Yeah.
25:33
These are the first guys that we had on the podcast.
25:38
And what a debut for the male species.
25:43
So they're like the number one podcast for investing in money in the states and the states in Australia.
25:50
We're real good mates.
25:52
No, and these were the OG podcasts that I listened to in my finance days.
25:56
You know, everyone listened to equity mates.
25:58
And to get them on our podcast was kind of like a moment.
26:04
Yeah, but it was really fun.
26:05
I just love the energy.
26:06
I don't know.
26:07
I just feel like we sit there and we just laugh.
26:09
Yeah, cool.
26:10
Yeah. But I guess the key takeaway from this episode, which is episode 67 was around lifestyle creep.
26:16
And it's something I spoke about in the last episode we did around what we learnt for the year.
26:22
But yeah, one of my key learnings was lifestyle creep.
26:26
Definitely.
26:27
And it's all around.
26:30
If you get paid more or your salary increases over time, try not to spend more money, you know, and don't creep in terms of your lifestyle.
26:39
Because that's the best time that you can save money and invest it and grow your wealth is by maintaining your lifestyle, even if your salary is increasing.
26:47
So that was a little pullover.
26:49
Thanks so much for saying that because now all the snippet that we're about to play is like kind of not worth playing.
26:55
Oh, sorry.
26:56
You know, she just really wraps things up.
26:58
But for anyone who wants to listen to them, we're going to play that snippet.
27:01
And if you want to go and listen to more of their polls of wisdom, then it is episode 67.
27:08
So for me, lifestyle creep, I mean, Ren and I talk a lot on the show about the power of getting as much money into the market as early as possible and letting the beauty of compounding do its thing.
27:19
Speaking my language.
27:20
No.
27:21
Sorry.
27:22
And there are ways that you can get more money in the market and one of those is to earn more income.
27:27
But we've seen from experience through friends and it's a lesson that was kind of drilled into me for my parents as well is that it's very easy to spend more as you earn more.
27:38
And for us that the message is very much if you're getting a pay rise, if you're getting a bonus, there is huge advantage in being able to maintain a lifestyle that is comfortable to you and investing all of that incremental amount as much and as early as possible.
27:57
You're mid to late twenties is this perfect time in your life when you're working and you're earning a full time salary, but you don't have any of the costs that are coming.
28:07
Most of us don't have a mortgage, most of us don't have kids.
28:11
And so you've got this golden window where you can really spend less than you earn and start investing.
28:18
And we're going to lose that opportunity very quickly.
28:20
Kids are expensive, housing is expensive, life is expensive and avoiding lifestyle creep when you're young means you can take advantage of that opportunity and get started.
28:31
Because I imagine I don't have kids yet, but I imagine it's going to be a lot harder to spend less than I earn once I have kids.
28:40
Oh, the best, this is our number one most listened to podcast of the year.
28:45
So if you haven't listened, we're in fact, probably if you're listening to this, you've definitely listened because that's how many people listened to the episode.
28:52
But if you're a new listener and you have just found our podcast, Sarah Lindsay is the owner of a movement.
28:59
It's like a modern movement studio with like bar Pilates yoga in Auckland, but her upbringing was not easy.
29:08
She had a really rough time growing up and it's just really turned her entire well is in the process of turning around her entire attitude towards success and money and business.
29:19
Now that she has entered a completely new chapter, living in New Zealand, married with beautiful daughter and a really successful business.
29:26
But that mentality that she had towards money and that feeling of lack still threads through her life and not being able to treat herself and buy nice things.
29:35
And so this was a brilliant open conversation and one that we've just had so much feedback from.
29:42
So if you would like to go through and listen, it is episode is it 69 or 70?
29:48
And spoiler alert, are we getting here on the podcast again?
29:51
Yeah, we're going to do a 2.0.
29:54
We just have to.
29:55
It's so good and there's so many more.
29:57
We end up voice messaging a lot, like sending a little voice to my mother's.
30:00
And I'm like, we've got to do a part two.
30:02
There's many things we've tried to debunk.
30:04
Like, can capitalism and spirituality coexist?
30:07
Like all these kinds of conversations we've had, we're like, okay, let's do a part two.
30:10
So if you want to listen to part one, do that.
30:13
But we will just play some little bits now.
30:17
But I remember having this realisation.
30:20
So I had this like childhood memory that had obviously been a cool memory that we would never eat together.
30:27
I would eat and she would be in a different room.
30:29
And so now it's defining the way that I experience tenderness.
30:34
I mean, Josh and I feel like a hefty at table.
30:37
Even when I'm friends, whenever I do not let anyone sit in separate rooms on the sofa, anything I can laugh,
30:43
even a snack, we're in the kitchen.
30:46
And so that is just like a cool memory of never having that as a child.
30:50
And in my mind, defining family and love and tenderness as being together.
30:55
And it was an until I was on this teach training and I was deep in my flight.
30:59
And I realised it was because there wasn't enough food and she was just eating my leftovers.
31:03
And I just had this heart-dropping moment of, oh my God, what an awful experience for my mom.
31:09
And I just didn't know.
31:11
I just was not aware.
31:13
And it wasn't for me to be aware.
31:17
I was a child.
31:18
But that realisation has helped me with a lot of forgiveness for my mother.
31:24
And what an awful life she's had and very unfair.
31:29
The next one is one close to soft's heart.
31:32
Or her jeans, her buns, her blood, all of that.
31:35
She's actually related to this lady.
31:38
It's your grandma.
31:39
This lady.
31:40
I'm like, also, is this not close to your heart too?
31:42
I feel like this should be really close to your heart.
31:44
It's my grandma.
31:45
You know, you love to.
31:46
Oh, Amy, it's close to you, babe, it's close to me.
31:48
Thank you.
31:49
Thank you.
31:50
So this is all about my granny.
31:52
Who was essentially given like $10,000 when she left her parents in the UK
31:58
to move to New Zealand to marry my darling grandfather.
32:01
Have I loved very much?
32:03
And rather than spending that money on things like clothes and silly things,
32:07
she started an investing club with her friends, which is crazy.
32:11
Because this was like 50, 55 years ago.
32:14
But the money that she invested grew to be worth over a million.
32:16
And it's now still invested.
32:18
And so when she died a couple of years ago,
32:20
that was given a couple of years ago.
32:22
God, that was a bit of a slop of the tongue.
32:23
It was quite a while now.
32:25
She died when I was 18.
32:26
So that was more than a few years ago.
32:28
But the money still invested.
32:30
And yeah, we did a whole episode on how that evolved.
32:35
And what we learned from that, we looked at her portfolio,
32:37
that kind of looked at some of the holdings that she'd chosen.
32:40
And it was a really cool episode to learn.
32:43
Yeah, like how she invested,
32:45
but also the importance and power of investing alongside friends.
32:50
So yeah, it was definitely a special episode, wasn't it?
32:54
And off the back of that,
32:56
we have a pretty cool,
32:58
exciting announcement, which again,
33:00
if you listen to this, you're privy too.
33:03
We are launching our own investing club.
33:05
So if you think this is something of interest to you,
33:08
you want to be a part of it,
33:10
then head along to our website.
33:12
And you'll see a little banner at the top.
33:14
And you can register your interest.
33:16
But when we launch that, which is hopefully fairly soon.
33:21
But yeah, it will be really exciting and something
33:23
that we've kind of wanted to do for a while in terms of
33:25
empowering women by bringing them together to create decisions
33:29
and making investing decisions themselves
33:32
and start their own investing club.
33:34
Because it's all well and good educating.
33:36
But we actually want to help you all implement that
33:39
and actually start investing.
33:40
And what better way to do it than with a bunch of friends.
33:42
So you can also find the link in our Instagram bio.
33:45
But yeah, we're going to play a few snippets from this episode.
33:48
And if you want to go back and listen, it was raising the curve 74.
33:52
My grandma's million dollar portfolio.
33:55
My grandma, she was very amazing.
33:59
And I feel like it's only really since she died
34:02
that I've started to learn more about her.
34:05
And the more that I've learned, the more I've been impressed
34:08
with the stuff that she did throughout her life.
34:10
One of the things that she did throughout her life was invest.
34:13
So she started with about $12,000, 50 years ago.
34:17
And now it's at a million dollars.
34:19
So if we broke that down kind of the average return per year,
34:23
it's just over 9% return per year.
34:26
Which is amazing.
34:28
Like to get that average, considering all the market corrections
34:32
and falls that we've had over that time,
34:34
you know, we've had the global financial crisis.
34:36
We've had the dot com, which was in 2020,
34:38
which was in 2000,
34:40
which was when all the internet companies blew up.
34:42
Like there's been so many blow-ups in the stock market.
34:45
Yes, she still managed to deliver over 9% return.
34:48
That's amazing.
34:49
Yeah.
34:50
Yeah.
34:51
Just firstly, the fact that she was investing at a time
34:53
we had to look at stocks in the newspaper, right?
34:55
And this was a time when there wasn't pretty much any woman
34:59
in the finance industry.
35:00
The first lady on the New York Stock Exchange was 50 years ago.
35:04
So like if you think there's very few women now,
35:07
imagine what it was like 50 years ago.
35:09
I can't even, I really want to.
35:11
I imagine like the criticism she would have got
35:13
when she's like, I'm doing an investing club.
35:15
I'm investing that money.
35:16
Like, you know, I can just imagine not a stigma,
35:19
but the judgment or, you know, what do you mean you're investing?
35:23
You know, that kind of thing would have been so fascinating back then.
35:26
I wonder if people she spoke to about it.
35:28
I wonder if she was quite open and talk to everyone.
35:31
Yes.
35:32
Or if she kind of kept it.
35:33
Or the number of people that were like,
35:34
oh, you should take it out now.
35:35
You should take it out now.
35:36
You know, the market's going to fall.
35:37
You know, there would have been so many people in her ear.
35:39
And she would be like, nope.
35:40
No, I'm going to keep it in there.
35:42
I'm going to keep it in there for my great aunts.
35:44
I'm so proud.
35:45
I'm so proud.
35:46
Okay, raising the curve episode 82, the millionaire's wife,
35:50
she was one of the more interesting episodes that we've ever done
35:54
in the sense that we didn't even know if we wanted to necessarily release this episode.
35:58
Yeah, it was just the most bizarre way to think about money and life in relationships,
36:03
but it was also a really brilliant reminder of how important it is to not judge people's different situations,
36:10
their cultures, their religions, how we have been brought up to think about and relate to money.
36:16
It's also different.
36:17
And I think what I really liked about this was everything we try to do with this podcast is to,
36:23
I guess, open up people's ecochangers in terms of what they're,
36:27
they've been brought up thinking, what their condition to think,
36:30
what society has made them think.
36:32
And we're trying to break that open for everyone.
36:35
And it's certainly worked for me.
36:36
And I think the great thing about this is just talking to people that are so different to you
36:43
from their financial decisions to the upbringing, all of that.
36:47
And so this was definitely one of those.
36:49
And there was times and there where I was like,
36:51
I don't really understand, but then it was, I'm like, cool.
36:57
I'm like, I love that she has a different view on that than me and all of that.
37:00
So it's definitely not our norm, but I'm so glad we did it.
37:05
We've had so many people listen to this episode too.
37:08
Like it was definitely up there with one of the most downloaded,
37:11
which surprised me hugely.
37:13
I don't know why.
37:14
And I just thought, and I think it probably comes back to what you just said about the ecochanger.
37:19
It's really hard to find people outside of that sometimes to be,
37:22
who will be really open about these kinds of conversations.
37:24
So, you know, what better to listen on a podcast?
37:27
So if you want to go back and listen to that, listen with an open mind and maybe a stressful,
37:32
in case you had a bit frustrated, we're going to play some of that interview now.
37:38
So in my culture, it's believed the woman's money is her money.
37:42
And the man's money is their money.
37:45
So how it works is that I get a percentage of my husband's income.
37:49
And I can use that for spending, saving whatever I want.
37:52
So it'll be like one or two days out of the month where I'll just go crazy.
37:56
He'll do it with me though. He's a big spender too.
37:58
And that's why I love him.
38:00
I love Chanel, you know, things like that.
38:03
That gold coffee is so good.
38:05
I do think it's on the man to take care of the household,
38:09
which is a more traditional mindset.
38:11
You know, at the end of the day, the woman assuming we'll bring the kids and be pregnant,
38:17
breastfeed, raise the children.
38:19
And in doing so, you're helping the man advance his career because he doesn't have to worry about staying home
38:25
and taking care of the children.
38:26
He can focus on work and, you know, getting promotions and things like that.
38:30
While you had to put your career on hold,
38:32
that the bills should definitely be paid by the man.
38:36
Being a feminist means that you accept any way a woman chooses to live and do with her life.
38:43
So it goes both ways.
38:44
Like, she could be a career woman, a boss, a CEO,
38:47
but she could also choose to just start a family and like, be a wife.
38:52
And that's the power and the freedom of really choosing whatever you want to do.
38:57
And then what a way to finish 2023.
39:00
Oh my goodness, this episode.
39:03
Wow, wow, wow.
39:04
You sound sarcastic, but I know that you're being serious.
39:07
No, I'm like, I know.
39:08
I know I sound sarcastic, but I'm trying to articulate my, what's going on my head.
39:12
But this episode was amazing and I'm so glad we did it.
39:17
Yeah, same.
39:18
So she, her name is Allegra Bambi Haines and she is a trans woman who lives in the UK.
39:24
And she, we met her over here and she spoke about her journey transitioning and the cost involved.
39:30
Spoiler alert, it's 15,000 pounds to get a vagina.
39:35
But this was one of those episodes where I thought, oh my goodness, I am so grateful and proud to be doing this podcast
39:44
because these are the kinds of conversations I want to be having.
39:47
This is the kind of, it's to your point of what we talked about with the millionaire's wife,
39:51
to be able to support all women and all shapes and sizes.
39:56
Wherever they came from, however they got there and celebrating each other's journeys and understanding the struggles and celebrating the wins.
40:04
And I think that this episode, I mean, I just learnt so much and I have so much love in my heart for this woman and what she shared with our community.
40:13
So if you'd like to listen to the episode, it is raising the curve 90, the cost of transitioning with Allegra.
40:20
But we're going to play some of our favourite bits now.
40:23
It took me years to even understand or know what a trans person was.
40:31
And when I say years, I mean like 21, the one thing I would say being trans does is for me,
40:41
it has made me the strongest person I've ever met in my entire life.
40:46
I have worked between leaving uni, moving to London to that point really hard.
40:52
I had two jobs, I worked in television, I also worked in a bath, Thursday, Friday, Saturday.
40:58
So I was working full, like a lot.
41:01
So going private is absolutely a privilege, but it's a privilege that I worked really hard for.
41:08
It's a lot, it's an ongoing project.
41:12
It's like buying a house that you're constantly doing up.
41:16
A renovation that never ends.
41:18
And you're sleeping in those dusty bedrooms.
41:21
You haven't got a bathroom.
41:23
And I guess was that kind of like a slow process in terms of building different rooms in the house.
41:27
Did you go for like the essentials and we get the kitchen or like...
41:30
I chose the wrong wallpaper in a few rooms.
41:33
I had to, I had to re-decorate a couple of times.
41:38
My lips, my lips were huge, my face looked almost painful with the amount of injectables that I had done.
41:48
There's certain tweaks that I've had done on my face for sure.
41:51
I had to really go through some stages.
41:54
With that, we're going to say buy officially for 2024, aren't we?
41:59
2023.
42:00
2023, fuck.
42:01
I'm already in 2024.
42:03
Wow.
42:04
But it's been a year, Vic.
42:06
I'm really proud of us.
42:07
And I thank you so much to everyone who listened.
42:10
Yes.
42:11
And please send us feedback on guests who loved what you want to hear next.
42:16
You know, we really love getting messages from all of you in terms of...
42:20
Yeah, things you love about the podcast, things you don't.
42:22
You know, we can take it, don't worry.
42:24
Yeah.
42:25
We thought sex can be just...
42:26
Yeah.
42:27
If you want us to get new post, as well.
42:29
Effective.
42:30
Yeah.
42:31
Or I mean, you know, just feel friendly.
42:32
Or like you like me.
42:33
Better than sex.
42:34
Yeah.
42:35
You know, totally.
42:36
But thank you, honestly, we like...
42:38
Yeah.
42:39
Yeah.
42:40
We couldn't...
42:41
We wouldn't actually have a business if it wasn't for people that cared about these kinds of conversations and learning and educating and growing our wealth together.
42:48
So thank you for listening.
42:50
And we will see you next year.
42:53
Look after yourselves.
42:55
Let's just see you in 2024.
42:58
Thank you so much for listening to Raising the Curve.
43:01
These conversations are designed to teach you everything that you need to know to be better with your money.
43:06
From saving, to investing, to talking to your friends about your salaries.
43:10
And if you liked what you heard, we would love it.
43:13
If you could hit subscribe button, please.
43:15
Yes, please.
43:16
Or, leave a review.
43:17
It'll only take five seconds.
43:19
And it would really make our week.
43:21
Oh, yeah.
43:22
Okay.
43:23
Lots of love.
43:24
See you soon.
43:25
Bye.