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MONEY DIARIES: She's a Globe Trotting Game Changer! · She's On The Money

0:00
Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud your
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Speaker 1: the Order Kerni Whalbury 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 impact for 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. Hello, and
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Speaker 3: welcome to She's on the Money, the podcast for millennials
1:01
Speaker 3: who want financial freedom. Welcome back to another shot back
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Speaker 3: money Diary Monday, where we get to chat to one
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Speaker 3: of our beautiful community members to learn about their finances
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Speaker 3: and their money story and a whole heap of other
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Speaker 3: interesting things as well. Victoria, Yes, today I have an
1:17
Speaker 3: international diarist.
1:19
Speaker 2: International diarist.
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Speaker 3: Yeah, they're coming to us all the way from Amsterdam
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Speaker 3: in the Netherlands, which is my gosh, how cool I know.
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Speaker 3: Let me tell you their story.
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Speaker 2: We've gone international jess A, We're global. Is that what
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Speaker 2: we've done?
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Speaker 3: I think so so, our diarist says. I'm an elder
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Speaker 3: millennial who grew up seeing only stress around money due
1:37
Speaker 3: to a lack of steady jobs, poor career and life
1:40
Speaker 3: choices from her parents and grandparents. And that is all
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Speaker 3: the knowledge I had about money. I thought I would
1:45
Speaker 3: live paycheck to paycheck my entire life and would have
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Speaker 3: to work until I died. However, in the last five
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Speaker 3: to six years, I've managed to turn my life around
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Speaker 3: by moving countries seven times, bold making better decisions regarding
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Speaker 3: my career and my money. I know how to save,
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Speaker 3: invest set goals, earn a six figure salary, and I
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Speaker 3: want to tell my story so that people listening to
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Speaker 3: the podcast who are closer to my age group know
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Speaker 3: that it's never too late and you can turn your
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Speaker 3: life and financial situation around, even if you are in
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Speaker 3: your late thirties.
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Speaker 2: Oh my gosh, I want you to tell your story too.
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Speaker 2: Money dois Welcome to the show. I'm so excited that
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Speaker 2: you're here.
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Speaker 4: Hi am the one who's excited to be here, super excited.
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Speaker 2: Oh my gosh, No, I cannot believe you're in the Netherlands.
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Speaker 2: That is wild to me.
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Speaker 3: Yeah, I had a penpal in the Netherlands.
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Speaker 2: Once you had a what pen pal? Oh, that's a
2:34
Speaker 2: blast from the past pen pal. I haven't heard of
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Speaker 2: those in years.
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Speaker 3: It was when I was a child, but it was still.
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Speaker 2: Kind of fit. It's still kind of real cool though.
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Speaker 3: Yeah, and now we can tellone about our digital pen
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Speaker 3: pal from the show.
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Speaker 2: Oh my gosh. Yes, Well, let's get into it and
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Speaker 2: ask our digital pen pals some questions. Money diarist, Are
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Speaker 2: you ready to jump head first into it? Yeah, let's
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Speaker 2: do it, Lucky Lucky, because I am too. All right,
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Speaker 2: let's go. Can you tell me a little bit about
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Speaker 2: your money story? Yeah.
3:00
Speaker 4: So my own story is a bit complex because I
3:04
Speaker 4: come from a household of mixed race family. So on
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Speaker 4: my dad's side, they're European and they obviously were quite
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Speaker 4: impacted with World War Two. So my grandparents were good
3:17
Speaker 4: earners and I think they were very good with money,
3:19
Speaker 4: with savers. But unfortunately I didn't have much time to
3:23
Speaker 4: spend with them. I actually didn't meet my grandmother, and
3:26
Speaker 4: then my grandfather died when I was nine. My father
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Speaker 4: is like a little bit on the frugal stingy side.
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Speaker 4: And on the other hand, on my mom's side, they
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Speaker 4: are Latin American and they had a very complicated upbringing,
3:42
Speaker 4: so they would live in poverty, even though technically they
3:46
Speaker 4: didn't need to. But my grandfather would just waste money on,
3:52
Speaker 4: you know, just bars. He would lend money to friends,
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Speaker 4: things like that. So my mom actually was on the
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Speaker 4: other side of I want to have a nice life.
4:02
Speaker 4: I want to bring give things, nice things to my children.
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Speaker 4: And there was always these things like, for example, we
4:07
Speaker 4: would go on a shopping spree with my mom and
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Speaker 4: then she would come home and tell us hide the clothes.
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Speaker 4: And if your dad says anything, you know, you say,
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Speaker 4: this is very old, I've already had it for it.
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Speaker 2: Oh my gosh.
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Speaker 4: Yeah. And basically what I saw growing up around money
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Speaker 4: was just a lot of conflict and stress around it. Also,
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Speaker 4: my parents used to be business owners, and they were
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Speaker 4: always looking for like that big million dollar idea that
4:34
Speaker 4: would just bring them to become rich very quickly, and
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Speaker 4: it would just blow up on their faces. And on
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Speaker 4: the other hand, also what I saw was that like
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Speaker 4: my Latin American grandparents, they also were hustling until they
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Speaker 4: were in their eighties and then they were also financially
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Speaker 4: dependent on my parents until you know, they died. So
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Speaker 4: that's what I grew up seeing, and that's the cycle
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Speaker 4: that I wanted to get away from.
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Speaker 2: Well, and have you worked your way away from that? Like,
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Speaker 2: what have you been implementing to be on the flip
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Speaker 2: side of that?
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Speaker 4: Yeah, so definitely one of the things, like my upbringing
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Speaker 4: had had an impact on different decisions of my life.
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Speaker 4: So one of them is that I don't want to
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Speaker 4: have children and I don't want to get married. I
5:20
Speaker 4: want to be like really really financial and independent, and
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Speaker 4: I also don't want to become a burden for you know,
5:28
Speaker 4: potential children later on. So until just a few years ago,
5:33
Speaker 4: I was leaving not just paycheck to paycheck, but I
5:37
Speaker 4: was actually every time my salary would hit my bank
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Speaker 4: account at the end of the month, I was like
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Speaker 4: in minus a thousand bucks.
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Speaker 2: Wow.
5:45
Speaker 4: So I was always in debt and if something major
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Speaker 4: would come, I would just have to get a loan
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Speaker 4: and then that just kept spiraling from there. And it
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Speaker 4: wasn't until I moved from France to the Netherlands that
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Speaker 4: I was able to get out of that cycle because
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Speaker 4: I got a much better sealery and I was able
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Speaker 4: to get some investment that I had in the other
6:05
Speaker 4: country and so on. And since then, I've been starting
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Speaker 4: to be more mindful with how I spend my money
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Speaker 4: and making sure that I save a big chunk of
6:13
Speaker 4: my salary you every month.
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Speaker 2: Yeah, wow, that's crazy to think that it took an
6:17
Speaker 2: international move or another international move to change that. With
6:23
Speaker 2: your move, was it a big mindset change as well
6:25
Speaker 2: as a physical change.
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Speaker 4: It was a mix of things. I actually, you're not
6:30
Speaker 4: gonna believe it that I actually lived in the French riviera,
6:33
Speaker 4: which I know.
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Speaker 2: You're living my dream. I would spend a lot of
6:38
Speaker 2: money there too. I get it. I get it.
6:40
Speaker 4: So I was living in knees and I actually hated
6:43
Speaker 4: it from the moment I went to do my first interview.
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Speaker 4: Really yeah, I tell people that it's like dating someone
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Speaker 4: really hot with no brain on personality. After a while,
6:56
Speaker 4: you consistency.
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Speaker 2: Ah.
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Speaker 4: So I really wanted to get out of there. I
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Speaker 4: wanted to change my lifestyle. And then I was not
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Speaker 4: really even thinking about the money. It was just the
7:08
Speaker 4: moment that they told me how much when they gave
7:11
Speaker 4: me their job offer, and I was just like in
7:14
Speaker 4: shocked to see how much it was because it was
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Speaker 4: a fifty percent increase of what I was making.
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Speaker 2: Wow. Wow, that is so much money.
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Speaker 4: Yeah. And then on top of that, there is this
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Speaker 4: financial benefit that you get in the Netherlands when you're
7:30
Speaker 4: a high skilled immigrant. You get thirty percent discount on
7:37
Speaker 4: your income tax for five years.
7:41
Speaker 3: That's amazing.
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Speaker 2: Oh my gosh, that would make me move there as well.
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Speaker 4: Yeah, it's a reason why a lot of people move here.
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Speaker 1: Oh.
7:49
Speaker 2: I actually had no idea that existed. Do you know
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Speaker 2: why they offer that or is it just to you know,
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Speaker 2: promote you guys moving and supporting their economy.
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Speaker 4: Yeah, it's partially that it's a way to encourage people
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Speaker 4: to move because the nether Orlands is a very small
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Speaker 4: country and it has become, like Amsterdam has become quite
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Speaker 4: a tech hub. There is a lot of job offers
8:10
Speaker 4: and there's not enough people to fulfill those jobs, so
8:14
Speaker 4: they do kind of import people from a lot of places.
8:19
Speaker 1: Yeah.
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Speaker 2: Wow, that's actually really cool to know, especially you know,
8:23
Speaker 2: a lot of our community have been asking questions recently
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Speaker 2: about moving internationally and where they should go and what
8:29
Speaker 2: they should do. That's a big draw card. I like
8:31
Speaker 2: that one. Yeah, money, darist, I want to know. We
8:34
Speaker 2: mentioned moving for work, what do you do for work
8:37
Speaker 2: and how much money do you now earn?
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Speaker 4: Yeah? So I am a project manager for professional services
8:44
Speaker 4: in a tech company, so we offer our software as
8:48
Speaker 4: a service. And I just changed jobs. Actually, so I
8:52
Speaker 4: was having the same role but in a different company.
8:55
Speaker 4: And thanks to you, Victoria, I managed to negotiate my
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Speaker 4: salary like I had never negotiated it before.
9:01
Speaker 2: Oh my gosh.
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Speaker 4: Yes, I'm not quite sure how much it's going to
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Speaker 4: hit my salary at the end of the month, but
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Speaker 4: my package is at one hundred and sixty K Australian dollars,
9:14
Speaker 4: oh my gosh, plus fifteen percent yearly bonus. And I
9:20
Speaker 4: also have eleven that five percent pension or super for
9:25
Speaker 4: you guys.
9:26
Speaker 2: Yeah yeah, wow. How cool is that? Is that what
9:29
Speaker 2: you've always earned? Or I have you worked your way
9:31
Speaker 2: up to that, because to me that sounds like a
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Speaker 2: lot of money.
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Speaker 4: Yeah, no, I've worked myself. I worked myself up to that,
9:38
Speaker 4: slowly but surely. And one of the reasons also I
9:42
Speaker 4: nail shated my salary was because in January next year,
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Speaker 4: I'm going to lose this benefit of the tax discount. Yeah,
9:48
Speaker 4: so that has been on my mind from the moment
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Speaker 4: that I moved here, is how do I make sure
9:52
Speaker 4: that the impact is not that big?
9:55
Speaker 2: Yeah, no, that makes absolute sense.
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Speaker 4: It's crazy because I'm going to be like, for example,
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Speaker 4: I estimate I'm gonna get around ten k per month
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Speaker 4: with this new job, and then after February it's gonna
10:09
Speaker 4: be eight key.
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Speaker 2: Yeah wow, Oh my gosh. All right, I want to know,
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Speaker 2: with all of that money, what is your big money goal.
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Speaker 4: So, my big money goal it's to be independent when
10:21
Speaker 4: I'm a senior, when I'm old, and have enough money
10:26
Speaker 4: to get me to leave comfortably in my retirement until
10:30
Speaker 4: my deathbed. It sounds a little bit catastrophic bed.
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Speaker 2: Oh my gosh, so morbid, but it makes sense. It
10:37
Speaker 2: makes sense, especially given your money story, like to just
10:41
Speaker 2: know that you're comfortable and getting it done. Like, I
10:43
Speaker 2: think that that's a really cool goal and really clear
10:46
Speaker 2: as well. Yeah all right. Next question. If we are
10:50
Speaker 2: going to achieve this financial freedom, you're going to need
10:53
Speaker 2: some investments. Do you have any? If so, what are they?
10:56
Speaker 4: I do? And again this is thanks to you on
10:59
Speaker 4: the podcast, because I was terrified about investing investing, but
11:04
Speaker 4: I decided, okay, I need to start somehow. I currently
11:08
Speaker 4: have well my pension, but this is something that I
11:11
Speaker 4: need to look deeper into because it's a little bit
11:14
Speaker 4: complicated having switched countries within the European Union and so
11:19
Speaker 4: at the moment there's only one platform where I can
11:23
Speaker 4: see how much money I really have in there. So
11:27
Speaker 4: for my pension, I have thirty five and a half
11:31
Speaker 4: K Australian dollars. I'm telling you everything in Australian dollars
11:35
Speaker 4: because it makes more sense for the audience.
11:37
Speaker 2: No, it totally makes it. Thank you.
11:39
Speaker 3: I appreciate it so preposed, I was like ready to try,
11:43
Speaker 3: we were ready to do.
11:44
Speaker 4: It for you. I already did yesterday. I already did
11:48
Speaker 4: the company.
11:50
Speaker 2: Thank you.
11:51
Speaker 4: My pension is thirty five that five K. I have
11:54
Speaker 4: a micro investment platform here in the Netherlands where I
11:57
Speaker 4: currently have nine that five K from my previous company.
12:02
Speaker 4: I also have shares and it's at forty one two K,
12:07
Speaker 4: and I have a guide a platform for investment with
12:10
Speaker 4: my bank which is sixteen that three K. So I
12:12
Speaker 4: currently have a total portfolio of one hundred to that
12:16
Speaker 4: five K austrillion dollars.
12:18
Speaker 2: Oh my gosh, So you are doing well when it
12:22
Speaker 2: comes to working towards that retirement of yours.
12:25
Speaker 4: Well, I think I'm doing good job, although considering my age,
12:30
Speaker 4: I think it could be a lot better. But I'm
12:33
Speaker 4: not going to oh, no past, I'm going to focus
12:35
Speaker 4: on what I've done in the last few years.
12:37
Speaker 2: Absolutely not, I think you are doing an epic job.
12:40
Speaker 2: Or I want to know do you have any debts?
12:43
Speaker 4: The only dab that I currently have is my mortgage
12:47
Speaker 4: and that is sitting at four hundred and ninety one.
12:50
Speaker 2: K And what did you purchase your home for?
12:53
Speaker 4: So I was one of those people that thought I
12:56
Speaker 4: could rent forever. I was so happy when I heard
12:59
Speaker 4: you say that, you know, money for rent is not
13:02
Speaker 4: wasted money, because I always thought the same. I think
13:05
Speaker 4: that you were paying for something that you are using.
13:08
Speaker 4: It's not really going to waste its a service. But
13:12
Speaker 4: when I moved here to the Netherlands, the accommodation here
13:16
Speaker 4: is absolutely crazy. It's really really hard to find a place.
13:20
Speaker 4: Rents are incredibly high. Buying is also very very difficult.
13:25
Speaker 4: But after the first year here I saw how much
13:29
Speaker 4: my rent increased, and then as a good project manager,
13:32
Speaker 4: I did a forecast of how much is my rent
13:36
Speaker 4: going to be in five years and how much is
13:39
Speaker 4: my salary going to decrease once I lose the tax benefit.
13:43
Speaker 4: So I noticed this is not going to work out,
13:47
Speaker 4: not good. So I got a mortgage advisor. I looked
13:51
Speaker 4: up at my options, and then I realized that it
13:55
Speaker 4: was much better to buy. So I have a one
13:58
Speaker 4: bedroom apartment and now it's good enough for me, am,
14:02
Speaker 4: I two kiddies, my two cats.
14:05
Speaker 2: Oh my gosh, I love it.
14:06
Speaker 4: Yeah, And I was actually very happy to do this move,
14:10
Speaker 4: also on my own and right before COVID, because like,
14:13
Speaker 4: things have gone absolutely crazy and it took me longer
14:17
Speaker 4: to make the decision. But then once I decided to
14:19
Speaker 4: buy the apartment, in two weeks, I already had an apartment.
14:22
Speaker 4: So I feel very low.
14:23
Speaker 2: Oh my gosh, how cool is that. I love that you,
14:27
Speaker 2: as a project manager, were like, yeah, all right, So
14:29
Speaker 2: what we're going to do is we're going to map
14:31
Speaker 2: it out, We're going to do some forecasting, we're going
14:32
Speaker 2: to work it out. Because I feel like so many
14:35
Speaker 2: of us just guess, or so many of us just go, oh,
14:37
Speaker 2: that's not going to be feasible or that's not going
14:39
Speaker 2: to work. But I love that you've put the numbers
14:41
Speaker 2: behind it and said, you know what, I didn't want
14:43
Speaker 2: to do this, but I worked out the financial outcome
14:46
Speaker 2: of this and what that means for me and put
14:48
Speaker 2: myself in the best position. That is very cool.
14:50
Speaker 4: Yeah, I do have to say that there wasn't a
14:53
Speaker 4: big advantage as well. Here in the Netherlands, you can
14:56
Speaker 4: get up to one hundred percent the loan of the
15:00
Speaker 4: value of the property, and so here is very very
15:02
Speaker 4: difficult to get a place, and you usually have to
15:05
Speaker 4: bid for apartments and houses. Yeah, so you usually have
15:10
Speaker 4: to overbid. So for example, I had to overbid around
15:14
Speaker 4: fifty k more my place. Yeah. As long as whatever
15:21
Speaker 4: you overbid doesn't go over the market value of the place,
15:25
Speaker 4: then the bank will loan you one hundred percent. So
15:27
Speaker 4: I only had to save money for buyers costs, you know,
15:31
Speaker 4: for the notary and all of that.
15:33
Speaker 2: Yeah. Wow, oh my gosh, Jess, I've worked it out.
15:36
Speaker 2: She's a plant. She's a plant from the Netherland government
15:39
Speaker 2: and she's here to tell us all to move to
15:42
Speaker 2: the Netherlands because that loans discounts on tax Like, I'm
15:47
Speaker 2: here for it. This sounds epic it's free coent or
15:51
Speaker 2: money barist. Next question is what is your best money habit?
15:55
Speaker 4: Well, besides putting everything automatic to be paid, including myself
16:00
Speaker 4: first and most like all of my savings, my investment
16:03
Speaker 4: and so on, because I'm also from the ADHD club,
16:06
Speaker 4: so I really need to get that.
16:08
Speaker 2: Done, the coolest club to be a part of.
16:11
Speaker 4: Yeah. Another one is roundups. So I use roundups for
16:17
Speaker 4: as much as I can. And one of my favorite
16:20
Speaker 4: money habits is I have a bank account where I
16:24
Speaker 4: have a savings account for holidays, and what I do
16:28
Speaker 4: is whenever I travel, I use the car from that
16:31
Speaker 4: bank account, and then as I spend during my holidays,
16:35
Speaker 4: the roundups saves back to that same account.
16:39
Speaker 2: Very cool.
16:40
Speaker 4: So it means well I travel and I spend, I
16:43
Speaker 4: save back for my holidays, my next holidays.
16:46
Speaker 2: Yeah, very cool. All right, Well I want to know
16:48
Speaker 2: the opposite. What is your worst money habit?
16:51
Speaker 4: So one of my worst money habits is not being
16:54
Speaker 4: able to budget very well for my parents' needs. So,
16:58
Speaker 4: like I said before, my my sister and me and
17:01
Speaker 4: we are supporting my parents entirely where they live, and
17:06
Speaker 4: whenever there is an unexpected spence, I just struggle to
17:10
Speaker 4: tell them to wait. So I'm usually like, okay, how
17:13
Speaker 4: much is it? Okay, I'm sending the money right away.
17:16
Speaker 4: And you know, it's interesting because I hear so many
17:20
Speaker 4: people freaking out about inflation, and I know, like it's
17:24
Speaker 4: also affecting me here in the Netherlands. But like, where
17:27
Speaker 4: my parents leave, the inflation just this year has been
17:32
Speaker 4: six hundred and fifty percent.
17:33
Speaker 2: What where are your parents?
17:36
Speaker 4: They live in Venezuela.
17:38
Speaker 2: Oh, my gosh, that is crazy.
17:40
Speaker 4: So the situation in Venezuela has been in humanitarian crazies
17:44
Speaker 4: for many, many, many years now, more than two decades.
17:48
Speaker 4: And yeah, it's just quite crazy. It's absolutely insane.
17:52
Speaker 2: My gosh, both of us screeching wash at the same time.
17:55
Speaker 2: That's actually insane. I have so many questions about that.
17:59
Speaker 2: We'll do it straight after the break, but that is
18:01
Speaker 2: such a special thing that you do for your parents
18:04
Speaker 2: before we do get into the thick of it. Though,
18:06
Speaker 2: I wan't know what would you grade your money habits
18:08
Speaker 2: if we forced you to give yourself a grade.
18:10
Speaker 4: So I would give myself a B minus because I
18:13
Speaker 4: think I still need to learn a lot more about investments.
18:17
Speaker 4: I want to be more independent not just have these
18:20
Speaker 4: self guided platforms. And also I need to learn better
18:25
Speaker 4: where my pension money is, what are they doing with it,
18:29
Speaker 4: and how would it be consolidated once I retire? So yeah,
18:34
Speaker 4: I still think that there are things that can improve,
18:36
Speaker 4: so be minus.
18:38
Speaker 2: Yeah cool, All right, Well, don't go anywhere, because after
18:41
Speaker 2: this break, I want to ask you all about how
18:43
Speaker 2: you're supporting your parents and have moved so many times internationally.
18:47
Speaker 2: Don't go anywhere, all right? Diving back in, you mentioned
18:56
Speaker 2: before that you and your sister completely financially support your parents,
19:01
Speaker 2: which is a massive undertaking for anybody. How did that eventuate?
19:06
Speaker 2: Tell me a little bit more about that.
19:08
Speaker 4: It has been a lifetime of four decisions. Let's say,
19:13
Speaker 4: like I said before, my parents never really liked working
19:16
Speaker 4: for someone, so they would start businesses that would then fail,
19:22
Speaker 4: and it just went on like that for their entire
19:26
Speaker 4: lives basically. And then the last decision that they made
19:31
Speaker 4: was to move to Venezuela when the political situation of
19:37
Speaker 4: the country was already bad, even though it kind of
19:41
Speaker 4: made sense for them at the time because with what
19:44
Speaker 4: they had they would really be able to survive better
19:49
Speaker 4: in Venezuela financially speaking, let's say, but then yeah, things
19:54
Speaker 4: just went from there and now they don't work anymore.
19:57
Speaker 4: They are already in their retirement years. It's just even
20:01
Speaker 4: if they did work. In Venezuela, the minimum salary is
20:06
Speaker 4: twenty dollars like American dollars per per month. Oh wow,
20:12
Speaker 4: if you go to buy groceries for like three people
20:16
Speaker 4: in one week, you spend more than two hundred dollars.
20:19
Speaker 2: What how do people there survive? That's insane?
20:23
Speaker 4: Yeah, that's a very good question. So there is a
20:27
Speaker 4: mix of people having families abroad like my parents with us,
20:32
Speaker 4: and then there's like hustling. So people hustle a lot,
20:36
Speaker 4: like in the black market. Let's say they just for example,
20:40
Speaker 4: if somebody does a money petty, they can get fifteen
20:43
Speaker 4: dollars with the money petty, and you know, like an
20:47
Speaker 4: hour and a half versus school teacher that would be
20:51
Speaker 4: making like twenty dollars. And this was actually the minimum
20:55
Speaker 4: salary that they put for this year, but last year
20:58
Speaker 4: they would be making two dollars a month a school teacher.
21:03
Speaker 2: What that is blowing up my mind. I had absolutely
21:08
Speaker 2: no idea, which is probably speaking to my naivety on
21:11
Speaker 2: global circumstances.
21:14
Speaker 4: Yeah, and it's really sad when you go there and
21:16
Speaker 4: see the situation of the country also because you know,
21:19
Speaker 4: it's a country that has a lot of sanctions from
21:21
Speaker 4: the US. It's insane. But the thing is getting them
21:27
Speaker 4: out of there would be way, way more expensive and
21:31
Speaker 4: complicated because we would need to you know, apply for visas.
21:35
Speaker 3: Yeah.
21:35
Speaker 4: Wow, having them here would just completely blow up our budgets.
21:41
Speaker 4: So while they are there, they have a house, you know,
21:44
Speaker 4: they are overall they are incomfortable conditions. Like even if
21:48
Speaker 4: there's no running water, we can send money for them
21:51
Speaker 4: to get one of those trucks you know that bring water. Yeah,
21:54
Speaker 4: of course, So we have the advantage that we can
21:56
Speaker 4: send money here and it just goes a long way
22:00
Speaker 4: more than if we had them here with us because
22:03
Speaker 4: there it's also three people. My aunt also lives there,
22:07
Speaker 4: So yeah, being stuck between irock and hard play sometimes.
22:13
Speaker 4: But yeah, luckily we make good money and we can
22:16
Speaker 4: provide for them.
22:17
Speaker 2: I'm sure your parents are so incredibly proud of you
22:20
Speaker 2: and how you're able to support them like that is
22:23
Speaker 2: an epic achievement for anybody. But I want to know,
22:27
Speaker 2: how did you pick your career how did you go?
22:30
Speaker 2: All right, well, you've obviously got a really good income.
22:33
Speaker 2: How did you end up down the path you're down?
22:36
Speaker 4: So I started software engineering as my bachelor degree, and
22:41
Speaker 4: then most of the countries I lived in was growing up,
22:44
Speaker 4: but as an adult, I've only lived in my home
22:47
Speaker 4: country where I finish UNI, and I also started quite late,
22:50
Speaker 4: so I moved to France in two thousand and eight.
22:55
Speaker 4: I became financially independent in two thousand and nine once
22:58
Speaker 4: I had my internship from my master degree. My master
23:01
Speaker 4: was in project management, so I was always very determined
23:06
Speaker 4: and stubborn, let's say, on what I wanted. So I
23:09
Speaker 4: set very clear goals for myself and I knew, for example,
23:13
Speaker 4: regarding my career that I didn't want to do anything
23:17
Speaker 4: that was not linked somehow to project management. And I'm
23:23
Speaker 4: very happy because two years ago, in my previous job,
23:26
Speaker 4: I finally got the project manager type of role that
23:30
Speaker 4: I always wanted. So it took a while to get there.
23:33
Speaker 4: I had a variety of jobs, but everything was you
23:35
Speaker 4: know around software development manager, release manager, things like that
23:39
Speaker 4: that require a lot of project management skills, and yeah,
23:44
Speaker 4: I think that that was it. I have been following
23:48
Speaker 4: a bit as well my intuition, and just very very
23:50
Speaker 4: determined with the goals that I set for myself and
23:53
Speaker 4: just not giving up on that.
23:56
Speaker 2: I can say, you're very determined. Everything you're doing is
23:59
Speaker 2: to telling me you're incredibly determined.
24:03
Speaker 4: Thanks.
24:03
Speaker 3: I had a question about your I suppose journey. You know,
24:07
Speaker 3: you've lived in seven different countries, which is incredible. How
24:12
Speaker 3: have you found managing finances because, as we've just heard,
24:16
Speaker 3: obviously the financial situation in where you are now compared
24:19
Speaker 3: to here in Australia, compared to where your parents are,
24:22
Speaker 3: it's all very different. How have you found navigating a
24:26
Speaker 3: whole new financial system every time you start in a
24:29
Speaker 3: new country.
24:30
Speaker 4: Yeah. So, like I said, I did most of my
24:33
Speaker 4: moving around when I was younger and when I was
24:36
Speaker 4: financially dependent. But I think what I've noticed the most
24:40
Speaker 4: nowadays is that I actually had no idea about finances.
24:43
Speaker 4: For me, it was just like, Okay, you get a
24:45
Speaker 4: bank account and they pay your salary in the bank
24:48
Speaker 4: account and that's it. You try to budget throughout the month.
24:52
Speaker 3: Yeah.
24:52
Speaker 4: I do think that now a days. If I move again,
24:56
Speaker 4: which I'm pretty sure I will be doing at some point,
25:00
Speaker 4: one of the things that I would take into consideration
25:02
Speaker 4: when I move is not do I like the city
25:04
Speaker 4: or the country, and you know, does it seem like
25:06
Speaker 4: a cool place to live? Because that was before kind
25:08
Speaker 4: of my goal is just like, oh I would really
25:11
Speaker 4: like to live in Paris, you know, when I really
25:13
Speaker 4: want to live in Amsterdam. But I think now I
25:16
Speaker 4: am more conscious of taking care of those things like
25:19
Speaker 4: what are the finances, what are the pension plans? How
25:23
Speaker 4: will I manage to get the pension plan? If I
25:26
Speaker 4: move to some country in Asia? How am I going
25:28
Speaker 4: to be able to compensate that with what I have now?
25:32
Speaker 4: So I think if I can give an advice to
25:36
Speaker 4: myself and other people that are experts and move around
25:39
Speaker 4: a lot, is definitely investigates research more about how finances
25:46
Speaker 4: work and what advantages you can take, Like, for example,
25:49
Speaker 4: if I decided to move to Australia, I would know
25:52
Speaker 4: so much.
25:54
Speaker 2: That's so good. We can be the best friends.
26:00
Speaker 4: Yeah, I think that doubts it. It does change quite
26:03
Speaker 4: a lot, and it's something that you definitely need to
26:06
Speaker 4: research in advance. I'd be more mindful and make sure
26:09
Speaker 4: is this really going to help my financial goals? Especially
26:12
Speaker 4: if you're already in your thirties. It's something good.
26:16
Speaker 3: Speaking of those goals, you just said that you're pretty
26:18
Speaker 3: sure you're going to move again. Where did you want
26:21
Speaker 3: to move and why do you want to move? Because
26:23
Speaker 3: you've obviously set yourself up, You've bought your apartment that
26:25
Speaker 3: you've got for you and your two little gorgeous kiddies.
26:28
Speaker 3: What makes you feel like you will want to move
26:31
Speaker 3: again in the future.
26:33
Speaker 4: I am a nomad at heart. I mean the first
26:35
Speaker 4: time that I moved to another country, I was four
26:38
Speaker 4: years old and I just started getting itchy feet. So
26:42
Speaker 4: it's going to be five years in January that I
26:45
Speaker 4: live in the Netherlands. I've been wanting, for example, to
26:49
Speaker 4: live for a while somewhere in Asia, so I would
26:52
Speaker 4: love to live in South Korea. I'm not sure if
26:55
Speaker 4: that's going to happen because it's complicated not speaking the
26:59
Speaker 4: language for the that I do. Yeah, but I would
27:01
Speaker 4: definitely like to leave for a year or two somewhere
27:04
Speaker 4: in Asia, so I can also take advantage of that
27:07
Speaker 4: time to travel around Asia and you know Australia well
27:11
Speaker 4: apec general. Wow.
27:13
Speaker 2: Okay, but what will you do with your apartment if
27:16
Speaker 2: you leave? Will you rent it out or will you
27:18
Speaker 2: sell it?
27:19
Speaker 4: I would rent it out because like, this is a
27:22
Speaker 4: gold mine to have property in Amsterdam, so there's no way.
27:25
Speaker 2: I would tell I did wander.
27:27
Speaker 4: Yeah, yeah, exactly, So I would definitely rent it out,
27:32
Speaker 4: and potentially if I do sell it at some point,
27:36
Speaker 4: I would do it towards, you know, my retirement and
27:40
Speaker 4: buy somewhere something else. I don't want to retire in
27:43
Speaker 4: the Netherlands, That's something that I know for sure, because
27:45
Speaker 4: the health system here is not that great compared to
27:48
Speaker 4: other European countries, so I will probably move back to
27:52
Speaker 4: either France or Spain for my retirement. And yeah, buying
27:57
Speaker 4: a house or an apartment there is much cheaper.
27:59
Speaker 2: All rightist in Jess, I think that is all we
28:02
Speaker 2: have time for today. Money doists. Thank you so much
28:04
Speaker 2: for joining us all the way from Amsterdam in the Netherlands.
28:08
Speaker 4: You're welcome. Thank you very much for having me. I'm
28:11
Speaker 4: so excited that he took an international money dish.
28:15
Speaker 2: My gosh, I'm so excited too. Thank you so much.
28:18
Speaker 2: With that, though, Jess, unfortunately it is time to rap
28:21
Speaker 2: the boring but important stuff. Take it away.
28:24
Speaker 3: Don't forget guys, the advice shed on she's on the
28:26
Speaker 3: money is generally in nature and does not consider your
28:29
Speaker 3: individual circumstances. She's on the money exist purely for educational
28:32
Speaker 3: purposes and should not be allied upon to make an
28:35
Speaker 3: investment or a financial decision. And we promise Victoria divine
28:38
Speaker 3: and she's on the money out Authorized Representatives of Infocused
28:41
Speaker 3: Securities Australia Proprietary Limited ABN four seven oh nine seven
28:45
Speaker 3: seven nine seven four nine AFSL two three six five two.
28:49
Speaker 2: Three See you on Wednesday.
28:50
Speaker 1: Guys.
28:51
Speaker 3: Bye,