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The Equity Irk · She's On The Money

• 0:00
  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
• 0:04
  Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
• 0:08
  Speaker 1: we get started on She's on the Money podcast, I
• 0:11
  Speaker 1: would like to acknowledge the traditional custodians of the land
• 0:14
  Speaker 1: of which this podcast is recorded on a wondery country,
• 0:18
  Speaker 1: acknowledging the elders, the ancestors and the next generation coming
• 0:22
  Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
• 0:27
  Speaker 1: and the storytelling of you to make a difference for
• 0:30
  Speaker 1: today and lasting impact for tomorrow.
• 0:33
  Speaker 2: Let's get into it.
• 0:34
  Speaker 3: She's on the Money. She's on the Money.
• 0:57
  Speaker 2: Hello, and welcome to She's on the the podcast for
• 1:01
  Speaker 2: millennials who want financial freedom. Today, guys, it is Friday,
• 1:05
  Speaker 2: which means it is time to get our little team
• 1:06
  Speaker 2: together and celebrate you our incredible She's on the Money
• 1:10
  Speaker 2: community today, Miss Gried. She is going to be sharing
• 1:13
  Speaker 2: with us some money wins. We're going to be helping
• 1:15
  Speaker 2: answer a juicy money dilemma which this week is all
• 1:18
  Speaker 2: about unexpected funeral costs, and we're going to be unpacking
• 1:21
  Speaker 2: something that you slid into our DMS about this week.
• 1:24
  Speaker 2: We're going to be having a chat about whether equity
• 1:26
  Speaker 2: should be applied in friendships.
• 1:29
  Speaker 4: That made people angry. It made me so mad.
• 1:32
  Speaker 2: In our DMS, I was like, usually the like you know,
• 1:36
  Speaker 2: community DM that we address on the pod is it's
• 1:39
  Speaker 2: a little bit spicy. It's always like a little bit like, oh,
• 1:42
  Speaker 2: you don't want to like publicly ask the question, so
• 1:45
  Speaker 2: you slide into our DMS so that you can get
• 1:47
  Speaker 2: kind of an anonymous response this one. But you're glad
• 1:51
  Speaker 2: you slid into our DMS and the response you're anonymous
• 1:54
  Speaker 2: because there are some people coming for it, like they
• 1:57
  Speaker 2: were coming for us, and we just asked the question.
• 2:00
  Speaker 2: I didn't even say we had an opinion on it
• 2:01
  Speaker 2: at this point.
• 2:02
  Speaker 4: Do you see?
• 2:03
  Speaker 5: I'm so excited.
• 2:03
  Speaker 2: It was a lot, But I also feel like this
• 2:05
  Speaker 2: week has been a lot. How's your week been back,
• 2:08
  Speaker 2: what's you've been up to?
• 2:10
  Speaker 4: I really liked this week.
• 2:11
  Speaker 6: Actually sorry, I had a bit of whiplash because you know,
• 2:14
  Speaker 6: there's the weekend and then you go back to work
• 2:16
  Speaker 6: and then there's another weekend. Yeah, there should be immediate
• 2:18
  Speaker 6: it's a half weekend. Yeah, it's a half weekend immediately
• 2:21
  Speaker 6: after you start working.
• 2:22
  Speaker 4: A public holidays on Mondays or Fridays only.
• 2:24
  Speaker 5: I agree with that.
• 2:25
  Speaker 2: I agree with that that should be exactly. But I
• 2:27
  Speaker 2: mean Anzac Day is really important. I mean it's important
• 2:29
  Speaker 2: to me, so I think that we should celebrate it
• 2:31
  Speaker 2: on the right day. But the government should be nice
• 2:33
  Speaker 2: and just have given us Monday off as well, exactly.
• 2:36
  Speaker 5: I wouldn't hate that, honestly, because I think it's good.
• 2:39
  Speaker 2: It's good for morale. Our engagement would increase. We know
• 2:42
  Speaker 2: what happens when people are engaged, they produce fifty percent
• 2:45
  Speaker 2: higher shareholder return. In that government give us four days off?
• 2:48
  Speaker 4: Yeap? How could you say no?
• 2:50
  Speaker 2: Exactly? So what else did you do? You had whiplash
• 2:52
  Speaker 2: and had whiplash.
• 2:54
  Speaker 5: On Tuesday?
• 2:55
  Speaker 6: I saw our producer live and Alisa Live and Lisa
• 2:59
  Speaker 6: she's actually going to be famous one day, like really famous.
• 3:01
  Speaker 6: I think she's pretty famous definitely. Where you know, I'm
• 3:05
  Speaker 6: from Brunswick area. Everyone knows it. Everyone knows she's got
• 3:10
  Speaker 6: her own radio show.
• 3:11
  Speaker 2: Yeah, she's a big deal, A big deal, the biggest deal.
• 3:15
  Speaker 4: Yes, Brunswick. Without thinking of the garage party, like I
• 3:19
  Speaker 4: just that's all we do there.
• 3:21
  Speaker 2: Do you know why they had the garage party because
• 3:23
  Speaker 2: Analysa was playing No just celebrate Analisa. Yeah, when Viral
• 3:27
  Speaker 2: and Aalisa was playing there.
• 3:28
  Speaker 4: They didn't know.
• 3:29
  Speaker 5: She's a big deal.
• 3:30
  Speaker 2: We'll put a link to her stuff in our show
• 3:32
  Speaker 2: notes this week so you can creep on her, because
• 3:34
  Speaker 2: I just feel like everybody needs to know who she is.
• 3:37
  Speaker 2: She's the person that if you go to as she's
• 3:39
  Speaker 2: on the money event, you like, look across the room,
• 3:42
  Speaker 2: woman in the pink Sparkley suit. Yep, that's Analisa. Yeah,
• 3:44
  Speaker 2: you do want to meet her.
• 3:46
  Speaker 5: Beautiful, she's really hot.
• 3:47
  Speaker 2: It just my favorite part about this whole conversation is
• 3:51
  Speaker 2: she's currently in the room and she's so uncomfortable. It's amazing.
• 3:56
  Speaker 6: Take the love you deserve it. She's also taken and
• 3:59
  Speaker 6: run a person, So we love this. Yeah that's true,
• 4:02
  Speaker 6: all right, I mean what can't you do?
• 4:04
  Speaker 2: So I don't know, there's not one thing that we've
• 4:06
  Speaker 2: asked her to do that she hasn't done.
• 4:07
  Speaker 5: No, that's true.
• 4:08
  Speaker 2: Wild. Let me move on though, because she's she's suitably uncomfortable.
• 4:13
  Speaker 5: Suitably I just feel uncomfortable with her uncomfortable.
• 4:15
  Speaker 2: Yeah, it's great, Miss Jessicricci. How's your week being.
• 4:18
  Speaker 4: It's been good, just a normal week for me this week,
• 4:21
  Speaker 4: enjoying the sunshine and along popping along. I had a
• 4:24
  Speaker 4: rental inspection this week. That's hot, yep, really fun. That's
• 4:27
  Speaker 4: about us.
• 4:28
  Speaker 2: Really they say that they were tripling your rent because
• 4:30
  Speaker 2: I feel like that's what's happening to everybody who has
• 4:32
  Speaker 2: a rental inspection at the moment.
• 4:33
  Speaker 4: Oh, thankfully they can't envy.
• 4:35
  Speaker 2: Oh you're in the first twelve months of your lease
• 4:37
  Speaker 2: as well.
• 4:38
  Speaker 4: Yes, so it's just to make sure we haven't ruined
• 4:41
  Speaker 4: the place, which we haven't not yet, two thumbs up.
• 4:44
  Speaker 2: Not yet. And they didn't find all the stuff you
• 4:46
  Speaker 2: hed no no yet studying all right. I want to
• 4:49
  Speaker 2: know what's been going on with our community. Jess. What
• 4:52
  Speaker 2: are the money wins and confessions that you've round up
• 4:54
  Speaker 2: this week for us?
• 4:55
  Speaker 4: My first money win this week comes from Tanzen, who
• 4:57
  Speaker 4: said money win. I desperately wanted to join in on
• 5:00
  Speaker 4: the frank green water bottle trend, but I could not
• 5:02
  Speaker 4: justify the price for myself until I was scrolling on
• 5:05
  Speaker 4: Facebook Marketplace and saw a chick advertising the exact one
• 5:08
  Speaker 4: for thirty five dollars brand new. After she was gifted
• 5:11
  Speaker 4: two for her birthday. I have officially joined the emotional
• 5:14
  Speaker 4: support water bottle trend.
• 5:15
  Speaker 2: Thirty five dollars. It's a good deal.
• 5:17
  Speaker 5: I don't know how much does they cost?
• 5:18
  Speaker 2: Usually about sixty fifty nine ninety five.
• 5:21
  Speaker 4: Yeah, still a lot of money for a water bottle.
• 5:23
  Speaker 7: Yeah.
• 5:24
  Speaker 4: Kmart does a good dupe.
• 5:27
  Speaker 5: Nine dollars, little SYSTEMA plastic water bottle.
• 5:30
  Speaker 2: Is nothing better than an insulated water bottle. I'll have
• 5:32
  Speaker 2: to try it one day as a little bit of
• 5:35
  Speaker 2: a water top. Update for those of you playing along
• 5:37
  Speaker 2: at home, my Stanley drink bottle has arrived. I am
• 5:41
  Speaker 2: in love with it. It is bigger than my head.
• 5:43
  Speaker 5: I am huge the whole table.
• 5:45
  Speaker 2: It's peach. She's stunny. And jessic Ricci has bought me two,
• 5:51
  Speaker 2: not one, but two drink mixes this week. She bought
• 5:54
  Speaker 2: me the green Apple and the cherry flavored Jolly Rancher
• 5:58
  Speaker 2: drink mix, which I think is just no no, And
• 6:02
  Speaker 2: do you know what, I have absolutely no face that
• 6:05
  Speaker 2: they're going to taste any good because they are one.
• 6:09
  Speaker 2: I don't like cherry flavor, so apologies. Yes, but you
• 6:12
  Speaker 2: know what, Jess, you knew that when you purchased that
• 6:14
  Speaker 2: didn't you.
• 6:14
  Speaker 4: I was like, gonna be good content, to be good
• 6:16
  Speaker 4: content she.
• 6:16
  Speaker 2: Wants me to. I feel like it's just going to
• 6:18
  Speaker 2: taste like cough medicine and the green apple flavor. Very
• 6:21
  Speaker 2: excited to try it, but they're sugar free and I
• 6:23
  Speaker 2: do not enjoy artificial flavors Like I just artificial sweetener
• 6:29
  Speaker 2: needs to get in the bin.
• 6:30
  Speaker 5: I cannot get my head out after taste.
• 6:32
  Speaker 2: Yeah, so we'll see, we'll see, but I will film
• 6:35
  Speaker 2: that content because I love watertalk.
• 6:38
  Speaker 4: Very niche for anyone else who's on the same type
• 6:39
  Speaker 4: of TikTok as you can't relate.
• 6:41
  Speaker 2: I keep sending videos of water talk to Jess. If
• 6:44
  Speaker 2: this is making no sense to you, you don't want
• 6:46
  Speaker 2: it to make sense to but I keep sending them
• 6:49
  Speaker 2: to Jests so that she will also end up on
• 6:51
  Speaker 2: watertok It's kind of like ruining her feed from.
• 6:53
  Speaker 4: My side of the take in her life. Speaking of water,
• 6:57
  Speaker 4: my next money is from Alisha, who said our washing
• 6:59
  Speaker 4: machine wasn't working and it kept saying check the filter.
• 7:02
  Speaker 4: Didn't even know the filter was empty. I was hesitant
• 7:04
  Speaker 4: about calling someone to fix it, as I knew it
• 7:06
  Speaker 4: would probably be expensive and I didn't know if I
• 7:08
  Speaker 4: would need a plumber or an appliance technician. My partner
• 7:11
  Speaker 4: was catching up with one of his mates who happens
• 7:13
  Speaker 4: to be a plumber, so I made him ask his
• 7:15
  Speaker 4: mate for some tips. It was a simple fix and
• 7:17
  Speaker 4: we now have a working washing machine for zero doll
• 7:19
  Speaker 4: It's how good life win. My next one comes from
• 7:23
  Speaker 4: Goji who said money win. Local Yoga was closed for
• 7:26
  Speaker 4: renovations and they are now offering free unlimited classes for
• 7:29
  Speaker 4: the first week and I will seven classes for free.
• 7:31
  Speaker 2: Oh my god, seven taking it to the nth degree.
• 7:34
  Speaker 4: I love that. You gotta respect it.
• 7:37
  Speaker 2: It's like when seven to eleven has those days where
• 7:39
  Speaker 2: they say bring your own container and you can have
• 7:41
  Speaker 2: as much slurpy as you.
• 7:43
  Speaker 4: Really used to love that as a Kiddo's.
• 7:44
  Speaker 2: Sorry wild, but like, where's where's the line? Yeah, yeah,
• 7:48
  Speaker 2: where's the line. I'll bring my Stanley cup. I feel
• 7:52
  Speaker 2: like that's the line. That's a lot of.
• 7:54
  Speaker 5: Not big enough.
• 7:55
  Speaker 4: We did a mixing bowl once, me and my brother.
• 7:57
  Speaker 4: We shared it to be fair.
• 7:58
  Speaker 2: Oh you shared it?
• 7:59
  Speaker 4: Yeah.
• 8:00
  Speaker 2: I feel like I've seen people with those gallon water things,
• 8:03
  Speaker 2: you know, from like the water fountains where they like
• 8:05
  Speaker 2: tip it upside down and then just like ruin the
• 8:08
  Speaker 2: environment with their fake filtered water, Like that's arguably a
• 8:11
  Speaker 2: little bit irresponsible, but that's okay. But I've seen people
• 8:13
  Speaker 2: take those and get that filled with slurpy.
• 8:16
  Speaker 4: Slurpy on tap. Could I do the dream, the absolute dream?
• 8:19
  Speaker 2: Maybe we should buy a slurpy machine for the offers.
• 8:21
  Speaker 2: I would actually tip there are a lot of things
• 8:23
  Speaker 2: that we want in this office that we probably shouldn't purchase.
• 8:26
  Speaker 4: Our office if we just let ourselves buy the things
• 8:28
  Speaker 4: that we wanted, would look like it was designed by
• 8:30
  Speaker 4: a six year old. There'd be slides, swings, they'd be slurpy.
• 8:34
  Speaker 4: It would just be ridiculous.
• 8:35
  Speaker 2: I'm not sorry for that.
• 8:36
  Speaker 4: I'm not even sorry. I have no regrets, no regrets.
• 8:39
  Speaker 4: My next money when came from Tina, who said, just
• 8:41
  Speaker 4: found out that you can go to your local council,
• 8:44
  Speaker 4: take your rates notice and get two free native trees.
• 8:47
  Speaker 4: That's all the information that I have. I don't know
• 8:49
  Speaker 4: if it's every local counselor please tease still on your.
• 8:52
  Speaker 2: Can you give us some more information, Tina?
• 8:55
  Speaker 5: But I thought that's a good tip, like.
• 8:56
  Speaker 4: Jump on your local council website. Two free trees, but
• 8:59
  Speaker 4: also local.
• 8:59
  Speaker 2: Count always have good stuff going on.
• 9:01
  Speaker 4: Yeah, they ever marketed.
• 9:03
  Speaker 5: I've never I'd never hear about this.
• 9:05
  Speaker 2: They probably sometimes budget let's be honest.
• 9:07
  Speaker 5: That's fair.
• 9:08
  Speaker 4: Yeah, and I think it's changing. But a lot of
• 9:10
  Speaker 4: government or local government teams generally are made up of
• 9:14
  Speaker 4: more mature people and so they're not as tech savy
• 9:17
  Speaker 4: a lot of the time. So they are market Like
• 9:19
  Speaker 4: I see flyers and stuff sometimes that's not reaching the
• 9:22
  Speaker 4: people that's got to reach, like stapled to the telephone pole.
• 9:25
  Speaker 4: No one's looking at the help.
• 9:26
  Speaker 2: The telephone pole or the community noticeboard at coles. Yeah,
• 9:30
  Speaker 2: like the one that you kind of like awkwardly glance
• 9:33
  Speaker 2: at as you're going out of the self checked out. Yeah.
• 9:36
  Speaker 4: Not all council people are old, but they should hire
• 9:38
  Speaker 4: more young people. That's what I'm saying, one hundred percent.
• 9:40
  Speaker 4: Moving right along, Please don't come for me. My next
• 9:42
  Speaker 4: money when comes from Kim who said, sold my daughter's
• 9:45
  Speaker 4: cot for the price of what it would have cost
• 9:47
  Speaker 4: me to upgrade her to a single bit love a
• 9:49
  Speaker 4: cost neutral upgrade, And I was like, I just love
• 9:52
  Speaker 4: the term cost neutral.
• 9:54
  Speaker 2: Right, we are taking that and running with it. This
• 9:57
  Speaker 2: is this is where my head went because you said
• 9:59
  Speaker 2: don't hate me. But I now realize that was in
• 10:02
  Speaker 2: relation to your last comment. I just thought that Kim
• 10:05
  Speaker 2: had sold her kids cop before her kid was done
• 10:07
  Speaker 2: with it. Money. We now my kids sleep's on the floor.
• 10:12
  Speaker 2: Can you imagine, very monty sorrow, very fancy, very fancy.
• 10:18
  Speaker 2: I'm on that side of TikTok.
• 10:19
  Speaker 4: Yeah, you're on every side of TikTok.
• 10:22
  Speaker 2: I live on TikTok.
• 10:23
  Speaker 5: Well that's okay, no judgment over here.
• 10:25
  Speaker 4: That's all why money wins for the week. So should
• 10:26
  Speaker 4: we take a quick break so it can get a
• 10:28
  Speaker 4: TikTok fixed?
• 10:29
  Speaker 5: She's shaking, She's literally.
• 10:30
  Speaker 2: Not even mad. Do you want to see this TikTok
• 10:31
  Speaker 2: of this guy who dances and takes best stop?
• 10:33
  Speaker 5: We don't have any choice, so let's do it.
• 10:42
  Speaker 4: Welcome back, everybody. Let's jump into this week's money dilemma.
• 10:48
  Speaker 2: Hi, there, have you got a money dilemma you just
• 10:50
  Speaker 2: can't solve that. She's on the Money Team is here
• 10:53
  Speaker 2: to help. Every week, we tackle your dilemmas, both big
• 10:56
  Speaker 2: and small, to answer your most burning money, career and
• 10:59
  Speaker 2: life questions. To get involved, simply head to our website
• 11:02
  Speaker 2: and leave us a short voice recording and you might
• 11:04
  Speaker 2: just find yourself on the show. Now, let's take a
• 11:07
  Speaker 2: listen to this week's money dilemma.
• 11:11
  Speaker 8: Hi, and She's on the Money. I have a money dilemma.
• 11:15
  Speaker 8: Last year, my father sadly passed away and I needed
• 11:18
  Speaker 8: to pay three thousand dollars of my savings a four
• 11:22
  Speaker 8: costs involved with chromation and the funeral home. Now, I
• 11:26
  Speaker 8: am expected of my family to purchase a plot and headstone.
• 11:30
  Speaker 8: And while I loved my father, I am not a
• 11:33
  Speaker 8: higher earner and struggling with these unexpected costs. Does She's
• 11:37
  Speaker 8: on the Money have any advice on how to pay
• 11:40
  Speaker 8: for these unexpected costs and how to get any kind
• 11:43
  Speaker 8: of funding. I live in Australia and I am paying
• 11:46
  Speaker 8: these costs in New Zealand and I'm wondering if I
• 11:49
  Speaker 8: could even get some kind of a rebate, whither through
• 11:53
  Speaker 8: its GST or a tax time.
• 11:55
  Speaker 4: Firstly, I just want to say I'm really sorry that
• 11:57
  Speaker 4: you're going through this. That's a really tough thing to
• 11:59
  Speaker 4: deal with it in and of itself, dealing with a
• 12:01
  Speaker 4: loss with then having a financial burden on top of that,
• 12:04
  Speaker 4: and I'm shocked at how much it costs to be
• 12:07
  Speaker 4: cremated three thousand dollars.
• 12:08
  Speaker 2: Yeah, it's a lot.
• 12:09
  Speaker 4: I've never thought about the cost before now if I'm
• 12:11
  Speaker 4: being honest.
• 12:11
  Speaker 2: Yeah, look, it's a lot of money, and I guess
• 12:14
  Speaker 2: it makes sense when you think about it. In Australia
• 12:18
  Speaker 2: and in New Zealand, it is like kind of a
• 12:20
  Speaker 2: restricted thing. You can't just turn up and become cremated,
• 12:25
  Speaker 2: Like there has to be a death certificate and a
• 12:27
  Speaker 2: whole process behind it, right, I know because my mother
• 12:30
  Speaker 2: actually worked in the death industry for a very long time.
• 12:33
  Speaker 2: Here in Australia are the total funeral costs of a
• 12:37
  Speaker 2: traditional burial, this is just me reading from the Australian
• 12:41
  Speaker 2: Bureau of Statistics website can average between seven thousand and
• 12:46
  Speaker 2: fifteen thousand dollars, while here in Australia, a cremation can
• 12:51
  Speaker 2: cost anywhere between three thousand and just seven thousand dollars. Obviously,
• 12:57
  Speaker 2: these figures can go even higher depending on like your
• 13:00
  Speaker 2: local cemetery fees and like regulations and stuff, because there
• 13:03
  Speaker 2: are different regulations that are involved, so these fees they
• 13:07
  Speaker 2: usually cover what be deemed to be quote the essentials,
• 13:11
  Speaker 2: so things like logistics, so you need to move the
• 13:14
  Speaker 2: body from location to location. You can't just stick them
• 13:17
  Speaker 2: in the cheapest uber that you get a death certificate,
• 13:20
  Speaker 2: filing notices, permits, stuff like that. If you're looking for
• 13:24
  Speaker 2: anything extravagant, like you want a nice casket, that's even
• 13:27
  Speaker 2: more money. You want to do viewings of your loved one,
• 13:30
  Speaker 2: that is going to increase the amount that the funeral
• 13:33
  Speaker 2: home charges you. If you want to do like some
• 13:35
  Speaker 2: kind of special celebration or clergy or like a nice
• 13:38
  Speaker 2: flower arrangement, that's way more money. Again, and flowers are
• 13:42
  Speaker 2: very expensive even for funerals. You can actually expect to
• 13:47
  Speaker 2: pay anywhere between like maybe three hundred and up to
• 13:50
  Speaker 2: like five thousand dollars on florals for a four depending
• 13:55
  Speaker 2: on obviously what you do and how you do it.
• 13:58
  Speaker 2: I know that in my family a lot of people
• 14:01
  Speaker 2: have said if they've had like a death notice, they say,
• 14:04
  Speaker 2: in little of flowers, can you donate to a particular charity?
• 14:07
  Speaker 2: Which is nice, but you kind of like want it
• 14:10
  Speaker 2: to look nice as well. I don't know, there's that
• 14:12
  Speaker 2: mix of working you're.
• 14:13
  Speaker 4: Still celebrating somebody's life.
• 14:15
  Speaker 2: Yeah, So in most cases, the person who arranges the funeral,
• 14:19
  Speaker 2: whether that's like a friend or a family member. They
• 14:21
  Speaker 2: actually have to sign a contract directly with the funeral
• 14:24
  Speaker 2: director and then that person is the person that's kind
• 14:27
  Speaker 2: of in charge of all the payments. Which is why
• 14:30
  Speaker 2: our listener might have written in and said, hey, it
• 14:33
  Speaker 2: seems to be all on me because she might have
• 14:35
  Speaker 2: taken on the brunt of that responsibility. Let's assume she's not.
• 14:39
  Speaker 2: Maybe she's the only financially stable person in the family
• 14:42
  Speaker 2: that has access to funds. That can be really, really hard.
• 14:46
  Speaker 2: So it's important to know that there are actually a
• 14:48
  Speaker 2: few things here in Australia, and I've done some research
• 14:51
  Speaker 2: and understand that there are similar things in New Zealand
• 14:53
  Speaker 2: as well. So what I'd be looking up for anyone
• 14:56
  Speaker 2: in their circumstance is bereavement assistance. So here in a
• 14:59
  Speaker 2: stray bereavement assistance can either be like a non for
• 15:03
  Speaker 2: profit organization or it can be through the government and
• 15:06
  Speaker 2: they will help you with unexpected funeral costs. In New Zealand,
• 15:10
  Speaker 2: the average funeral cost is actually ten thousand dollars, which
• 15:14
  Speaker 2: is a lot of money, but they say only five
• 15:16
  Speaker 2: percent of New Zealanders have what's called a pre planned
• 15:19
  Speaker 2: funeral so you can actually do that yourself at any point.
• 15:23
  Speaker 2: It's a very morbid concept, but I mean, if your
• 15:27
  Speaker 2: death is going to be expected, it's something that a
• 15:29
  Speaker 2: lot of people like doing because they feel like they've
• 15:32
  Speaker 2: got control over that circumstance and it can actually be
• 15:35
  Speaker 2: a really therapeutic process. It's not nice by any stretch
• 15:38
  Speaker 2: of the imagination, but at any point you can actually
• 15:40
  Speaker 2: go down to a funeral home and pre pay for
• 15:43
  Speaker 2: your funeral as well as like kind of plan it out,
• 15:46
  Speaker 2: like you could do everything. You could do the bare minimum,
• 15:48
  Speaker 2: which would be just paying for it, or you could
• 15:50
  Speaker 2: go all the way through to or I want to
• 15:52
  Speaker 2: look at the guest list. I want to have a
• 15:54
  Speaker 2: look at you know, what songs you're going to play.
• 15:56
  Speaker 2: What's my intro song, what's my outro song? Who's speaking?
• 15:59
  Speaker 2: Like you can plan literally everything if you wanted to.
• 16:03
  Speaker 2: So in New Zealand there are also bereavement services you
• 16:06
  Speaker 2: can call upon if you find that you're not able
• 16:09
  Speaker 2: to afford it. So I would be doing, honestly, because
• 16:12
  Speaker 2: it changes based on either local, state or council regulations.
• 16:17
  Speaker 2: I would be looking up just bereavement services in your
• 16:19
  Speaker 2: area and seeing what type of support. There is further
• 16:23
  Speaker 2: to that. I probably, given you're the one in your
• 16:26
  Speaker 2: family who has been loaded with all of these costs,
• 16:29
  Speaker 2: I would obviously, I don't think it changes whether you
• 16:32
  Speaker 2: loved your dad or not. You said that in your
• 16:33
  Speaker 2: voice note You're like, oh, I loved him, but no, no,
• 16:36
  Speaker 2: we know you loved him. But it's actually really unrealistic
• 16:38
  Speaker 2: and unreasonable to assume that you're the one individually that
• 16:41
  Speaker 2: would bear the brunt of all of this. I think
• 16:43
  Speaker 2: going back and going Okay, well, what does this look like,
• 16:46
  Speaker 2: and maybe having a conversation with the people who are
• 16:48
  Speaker 2: closest who are trying to help you plan that funeral
• 16:51
  Speaker 2: and help you plan these services and the cremation and stuff,
• 16:54
  Speaker 2: and going, hey, like, should I just be keeping track
• 16:56
  Speaker 2: of this because there are a couple of things that
• 16:58
  Speaker 2: could happen. So obviously when a death happens, not everything
• 17:03
  Speaker 2: financial happens at exactly the same time. What you can
• 17:06
  Speaker 2: do is keep track of all of those costs and
• 17:08
  Speaker 2: then get repaid by your father's estate. And so that
• 17:12
  Speaker 2: would mean like if I spent you know, let's call
• 17:14
  Speaker 2: it just ten thousand dollars, because that's the average cost
• 17:17
  Speaker 2: of the New Zealand funeral. I pay ten thousand dollars,
• 17:20
  Speaker 2: keep track of it, keep all your receipts and everything.
• 17:22
  Speaker 2: And when your dad's estate is being you know, broken
• 17:25
  Speaker 2: down and given out, before that happens, you get repaid
• 17:29
  Speaker 2: that ten thousand dollars before anybody else gets like an inheritance.
• 17:33
  Speaker 2: So that could come from whatever savings your dad had,
• 17:36
  Speaker 2: whatever KEYWI say that he had, whatever kind of assets
• 17:39
  Speaker 2: he has, if you're planning on selling them or you know,
• 17:42
  Speaker 2: liquidating them to cash, or maybe you even just do
• 17:44
  Speaker 2: it in lieu of assets, maybe you get first choice.
• 17:48
  Speaker 2: This all all have to be done through your solicitor
• 17:50
  Speaker 2: or through you know, whoever is dealing with the family estate,
• 17:53
  Speaker 2: but it can be repaid. You will have to go
• 17:56
  Speaker 2: through a process for that to make sure it all
• 17:58
  Speaker 2: gets done properly, because you don't want some one coming
• 18:00
  Speaker 2: back later and being like, oh my god, well Beck
• 18:02
  Speaker 2: got ten thousand dollars more than me. Like, no, Beck
• 18:05
  Speaker 2: was repaid the money that she spent for that process
• 18:09
  Speaker 2: to happen, and that's actually really fair. You didn't get more, ye,
• 18:12
  Speaker 2: because you just got repaid the money that you spent
• 18:14
  Speaker 2: on that process. So essentially that can happen, but obviously
• 18:17
  Speaker 2: that can only happen if your dad does have an
• 18:19
  Speaker 2: estate to share with you, and in the case that
• 18:22
  Speaker 2: there is no estate that could pay it back. So
• 18:25
  Speaker 2: in a state is just a fancy word for saying
• 18:27
  Speaker 2: stuff that the person who passed away had, So that
• 18:30
  Speaker 2: could be money or houses or literally any type of asset.
• 18:33
  Speaker 2: If there's no money there to repay that, you could
• 18:36
  Speaker 2: just have a good conversation with your family and go, hey, like,
• 18:38
  Speaker 2: I'm keeping track of this. So either the estate can
• 18:41
  Speaker 2: pay it back and they might go, oh, well, just
• 18:42
  Speaker 2: there's no estate, and they might come back and go, okay, well,
• 18:45
  Speaker 2: maybe the family could help. Another way of doing this
• 18:48
  Speaker 2: is to announce when the funeral is happening that you
• 18:51
  Speaker 2: can actually contribute to the funeral costs. So you could say,
• 18:55
  Speaker 2: you know, in lieu of flowers, we'd love a donation
• 18:58
  Speaker 2: towards the funeral cost for XYZ, and that could go
• 19:02
  Speaker 2: towards paying the costs. So I think there's a few
• 19:06
  Speaker 2: things that you could do. The first thing I would
• 19:07
  Speaker 2: honestly do is look at bereavement services and make sure
• 19:10
  Speaker 2: that you know if there's anything local to you that
• 19:12
  Speaker 2: you could access.
• 19:13
  Speaker 4: We do that.
• 19:13
  Speaker 2: I'd also be having a chat to the funeral home
• 19:15
  Speaker 2: that you're working with, because if anyone's going to have
• 19:17
  Speaker 2: experience in what you can access and what you can't,
• 19:20
  Speaker 2: it's going to be them. And maybe they might even
• 19:23
  Speaker 2: have a level of sympathy that you didn't expect them
• 19:25
  Speaker 2: to have and them I go, wow, we didn't realize
• 19:26
  Speaker 2: you're in this circumstance. Let's see what we can do
• 19:29
  Speaker 2: to help.
• 19:29
  Speaker 6: But I think just talking about it and just seeing
• 19:32
  Speaker 6: how people can help you is probably the best thing
• 19:34
  Speaker 6: that you can do because obviously I don't know where
• 19:35
  Speaker 6: in New Zealand you are or how that works, but
• 19:37
  Speaker 6: I guess, long story short, I'm really sorry that that's
• 19:40
  Speaker 6: the circumstance and it does really suck. But unfortunately these
• 19:44
  Speaker 6: things happen, and we should be having these conversations about, well,
• 19:47
  Speaker 6: what does this mean?
• 19:48
  Speaker 2: How does this work? Like these things unfortunately happen every
• 19:52
  Speaker 2: single week in our community, and if you don't know,
• 19:55
  Speaker 2: you just don't know, and we need to have a
• 19:57
  Speaker 2: conversation about Okay, well these are the first steps. Okay,
• 20:00
  Speaker 2: Well make sure that you're in, you know, the best
• 20:02
  Speaker 2: possible position. This is why people should be doing their
• 20:06
  Speaker 2: wills and making sure that things are planned out because
• 20:08
  Speaker 2: I personally know that I wouldn't want my family members
• 20:11
  Speaker 2: having to pay for my funeral because I hadn't planned it,
• 20:14
  Speaker 2: Like I just I don't want to put my family
• 20:16
  Speaker 2: in that position and then not have it on the
• 20:18
  Speaker 2: other side. But most people don't think about this because
• 20:20
  Speaker 2: it's awkward to think about death, right, Yeah, no one
• 20:22
  Speaker 2: wants to have this conversation, and that's okay if you're
• 20:25
  Speaker 2: not ready. But I think it's it's something that we
• 20:28
  Speaker 2: do need to plan for. But then also we need
• 20:30
  Speaker 2: to talk about the flip side of that. Maybe we
• 20:32
  Speaker 2: do a whole episode on this, because I think that
• 20:34
  Speaker 2: there's a lot of unexpected costs in death that we
• 20:37
  Speaker 2: don't talk about. But then also what about all of
• 20:40
  Speaker 2: the people that are currently being taken for a ride
• 20:43
  Speaker 2: if they have funeral insurance? Like that to me makes
• 20:48
  Speaker 2: absolutely no sense. What do you mean funeral insurance? So
• 20:52
  Speaker 2: the amount of times I have spoken to people and
• 20:55
  Speaker 2: they're like, oh, we found out years later while going
• 20:57
  Speaker 2: through mums stuff that she had funeral insurance, but we
• 21:01
  Speaker 2: didn't know about that because the insurance company when she
• 21:03
  Speaker 2: passed away didn't step up, didn't notify us. We had
• 21:06
  Speaker 2: no information, it wasn't in her will, and they're not
• 21:08
  Speaker 2: going to pay it out if it's already happened, right,
• 21:11
  Speaker 2: And usually if you're getting funeral insurance, it might be
• 21:13
  Speaker 2: because you're a little bit older and you want to
• 21:15
  Speaker 2: look after your family and you're talked into this great policy.
• 21:18
  Speaker 2: But from my perspective, there's only two things in life
• 21:21
  Speaker 2: that are certain taxes and death. Why are we ensuring
• 21:24
  Speaker 2: for something that's guaranteed to happen. So, Like, we talk
• 21:27
  Speaker 2: about insurance a lot on this podcast, and obviously I'm
• 21:30
  Speaker 2: the biggest fan of income protection. I think it's the
• 21:32
  Speaker 2: best insurance for me personally, right, I think everybody should
• 21:36
  Speaker 2: be looking into whether they can get it or not.
• 21:38
  Speaker 2: But when an insurer gives you an insurance policy, they're
• 21:42
  Speaker 2: kind of hedging their bets. They're like, all right, beck,
• 21:44
  Speaker 2: you got any pre existing conditions. You'll be like no,
• 21:46
  Speaker 2: I'm fit and healthy. I'm great, And then they go, yeah,
• 21:48
  Speaker 2: all right, well we'll ensure you for X amount per month.
• 21:51
  Speaker 2: They're hedging their bets that nothing's going to happen to you,
• 21:54
  Speaker 2: because financially they're going to end up in the best
• 21:57
  Speaker 2: possible financial position if nothing happens to be and then
• 22:00
  Speaker 2: they might go, oh, yess, have you had anything happened
• 22:03
  Speaker 2: to you? And you might say, yeah, actually I rolled
• 22:05
  Speaker 2: my ankle a heap of times at netball, and that's compromise,
• 22:08
  Speaker 2: and they go, oh, jess, we're not going to cover
• 22:09
  Speaker 2: your ankle. We're going to exclude that because we don't
• 22:12
  Speaker 2: want the possibility of us having to pay you out
• 22:15
  Speaker 2: to increase death is guaranteed. Why are we in this
• 22:20
  Speaker 2: position where we are literally ensuring it in a way
• 22:24
  Speaker 2: that it gets paid out as an insurance premium.
• 22:27
  Speaker 5: Right, just like put money aside for the funeral.
• 22:29
  Speaker 2: Yeah, yeah, exactly. I feel like so many people get
• 22:32
  Speaker 2: taken for a ride because they're trying to do the
• 22:33
  Speaker 2: right thing and they get this beautiful policy and you know,
• 22:36
  Speaker 2: covers up to fifteen thousand dollars. That makes them feel
• 22:38
  Speaker 2: really good. But what the insurance policy is betting on
• 22:42
  Speaker 2: this is really morbid. Is it's going to take you
• 22:44
  Speaker 2: a really long time to die. That's what they're betting on.
• 22:47
  Speaker 2: They are betting on the fact that all right, Beck,
• 22:49
  Speaker 2: do you want to organize this funeral insurance? Okay, well
• 22:51
  Speaker 2: it's you know x amount per month. They're hoping that
• 22:54
  Speaker 2: you pay more in premiums before you die than what
• 22:59
  Speaker 2: that actually dying exactly right. So I think it's something
• 23:03
  Speaker 2: that we could all think about, and it's something that
• 23:05
  Speaker 2: you know, emergency funds as you get older could be
• 23:08
  Speaker 2: you know, allocated towards or making sure that you have
• 23:10
  Speaker 2: cash aside. But there's a lot I have to say
• 23:13
  Speaker 2: on the death industry. You could say and how during
• 23:17
  Speaker 2: times that people are most vulnerable. Because our listener is
• 23:20
  Speaker 2: vulnerable right now, right like she needs someone to grab
• 23:22
  Speaker 2: her by the hand and be like, I've got you
• 23:24
  Speaker 2: and I have your best interests at heart. But there
• 23:26
  Speaker 2: are a lot of people out there that would take
• 23:28
  Speaker 2: your hand and go, I've got your best interests at heart,
• 23:30
  Speaker 2: and they really don't. So it's so sad, a terrible
• 23:34
  Speaker 2: conversation to have, but it's one that genuinely as a community,
• 23:37
  Speaker 2: we need to have these conversations more often because you
• 23:39
  Speaker 2: could find yourself in a pickle. But there are lots
• 23:41
  Speaker 2: of things, As I said, there are a few different
• 23:43
  Speaker 2: bereavement services out there. Talk to your funeral home, talk
• 23:47
  Speaker 2: to your family, and actually just have an open, honest
• 23:49
  Speaker 2: monding conversation be like, this is putting a lot of
• 23:51
  Speaker 2: financial pressure on me. Maybe they don't even know.
• 23:54
  Speaker 4: Well, I didn't know, you wouldn't know.
• 23:57
  Speaker 5: Who know if you've never.
• 23:58
  Speaker 2: Been through it. I'm so glad that you've never been
• 24:00
  Speaker 2: through it. You've never been through it, and then you're
• 24:02
  Speaker 2: going through it like how you meant to know? Right?
• 24:05
  Speaker 6: Yeah, exactly. I think it's really solid advice. I really
• 24:08
  Speaker 6: do hope that she takes something out of that, and
• 24:11
  Speaker 6: I really am sorry for your circumstances.
• 24:13
  Speaker 4: We're sending you lots of love, lots of love.
• 24:15
  Speaker 2: To anyone going through circumstances like that. At the moment,
• 24:17
  Speaker 2: it's just really trashy. It's not a good place to be.
• 24:21
  Speaker 2: All right, Let's bring the mood up though, because that
• 24:24
  Speaker 2: was a really good segment. But we have to change
• 24:26
  Speaker 2: tunes completely because our dms got really lit up this
• 24:31
  Speaker 2: week because a lot of people have a lot of
• 24:33
  Speaker 2: things to say. So our community dilemma this week went
• 24:36
  Speaker 2: like this, High Team, I'm battling extreme levels of jealousy
• 24:41
  Speaker 2: that I haven't ever felt before. I'm really happy for
• 24:43
  Speaker 2: my housemate who's climbing the career ladder quite rapidly, which
• 24:47
  Speaker 2: she absolutely deserves. She's gotten a twenty thousand dollars pay rise,
• 24:51
  Speaker 2: and I'm so happy for her, but I can't help
• 24:54
  Speaker 2: but feel so jealous. I'm still studying and I make
• 24:57
  Speaker 2: around thirty seven thousand dollars a year. She is now
• 25:00
  Speaker 2: on a really good six figure salary, and I can't
• 25:03
  Speaker 2: help but feel annoyed when she texts me saying it's
• 25:06
  Speaker 2: my turn to buy toilet paper, et cetera, because she
• 25:09
  Speaker 2: just makes so much more money than me, and I
• 25:12
  Speaker 2: just think, why can't she help me out and buy it.
• 25:15
  Speaker 2: I guess I'm just wondering does equity apply in friendships
• 25:19
  Speaker 2: like it does in relationships? We did some polling, didn't we?
• 25:24
  Speaker 2: We did do some polling. So the first pole question
• 25:26
  Speaker 2: we asked was what's your current living situation? Fifteen percent
• 25:29
  Speaker 2: of you lucky ducks said you lived on your own.
• 25:32
  Speaker 6: Jealous, fourteen percent of you said that you lived in
• 25:35
  Speaker 6: a sharehouse. Sixty one percent of you you live with partners,
• 25:39
  Speaker 6: and ten percent of you are other, which I assume maybe,
• 25:43
  Speaker 6: like you know, random situations, live with parents.
• 25:45
  Speaker 4: Whatever.
• 25:46
  Speaker 2: The next question we asked you, guys, was if you
• 25:48
  Speaker 2: live with a partner, does one of you earn a
• 25:50
  Speaker 2: lot more than the other, and forty three percent of
• 25:53
  Speaker 2: you said yes, my partner earns more than me. Thirty
• 25:56
  Speaker 2: percent of you said yes, I earned more than my partner,
• 25:59
  Speaker 2: and twenty seven percent said we're actually pretty even tbh.
• 26:04
  Speaker 2: The next question we asked was, if you live in
• 26:06
  Speaker 2: a share house, do you have a housemate that makes
• 26:08
  Speaker 2: a lot more money than you? Thirty one percent of
• 26:11
  Speaker 2: you said yes, my housemate makes a lot more, thirty
• 26:13
  Speaker 2: three percent said I'm the housemate that makes a lot more,
• 26:17
  Speaker 2: thirty six percent said we are all on pretty even incomes.
• 26:21
  Speaker 4: That's pretty even split over response, I's pretty sure.
• 26:23
  Speaker 2: Yeah, that was like nice, little thirds.
• 26:25
  Speaker 8: I liked.
• 26:26
  Speaker 2: That made my little math's brain very happy. But guys,
• 26:30
  Speaker 2: before we go to the community spicy responses, what are
• 26:34
  Speaker 2: your thoughts?
• 26:35
  Speaker 4: I just I'm trying to be nice. I just don't
• 26:40
  Speaker 4: know why. I understand the jealousy absolutely, Like I can
• 26:44
  Speaker 4: see how being in close proximity to someone that you
• 26:46
  Speaker 4: perceive to be doing better than you absolutely can raise
• 26:50
  Speaker 4: those feelings, and that's very normal. I think the thing
• 26:53
  Speaker 4: to consider here is, though you're not that person's responsibility,
• 26:57
  Speaker 4: and as much as your housemates and your friends, and yes,
• 27:00
  Speaker 4: we want to look out for our friends. Ultimately, she
• 27:03
  Speaker 4: is in that place because of the choices that she
• 27:05
  Speaker 4: has made, and she's not a millionaire. Like if you've
• 27:07
  Speaker 4: got if you've got so much money that spending money
• 27:10
  Speaker 4: on things doesn't matter to you, you're probably not living
• 27:12
  Speaker 4: with a housemate. So even though if you are, you're
• 27:15
  Speaker 4: probably living some kind of sex in the city lifestyle
• 27:17
  Speaker 4: that we want to know about it. Yeah, so I
• 27:20
  Speaker 4: feel like, yes, potentially she's earning six figures, but does
• 27:23
  Speaker 4: she have Hex's debt, does she have other debt? Is
• 27:25
  Speaker 4: she saving for something that means her budget is really strict?
• 27:28
  Speaker 4: I just I don't think it is reasonable to make
• 27:32
  Speaker 4: yourself somebody else's financial response. And yes, the cost of
• 27:35
  Speaker 4: toilet paper is arguably negligible, but if you're using it equally,
• 27:40
  Speaker 4: in my opinion, it should be split equally. The only
• 27:42
  Speaker 4: time that is different is if you're with a partner,
• 27:44
  Speaker 4: and in that situation, it's more about.
• 27:46
  Speaker 2: Parker's hot Is that what you mean?
• 27:49
  Speaker 4: It's more about joint finance's joint goals and the money
• 27:52
  Speaker 4: is pulled and shared, Whereas if you're living with a housemte,
• 27:56
  Speaker 4: you're operating I'm assuming independently financial and as human beings. Yeah,
• 28:02
  Speaker 4: that's where I feel like the big difference is, Yeah,
• 28:04
  Speaker 4: I can't fathom going you earn more than me and
• 28:08
  Speaker 4: therefore you need to buy me things. Yeah, I do
• 28:11
  Speaker 4: agree with that, even though I'm kind of oversimplifying it.
• 28:13
  Speaker 2: Do you know, No, Man, that's kind of it. Why
• 28:15
  Speaker 2: can't you help me out? And like that's me reading
• 28:17
  Speaker 2: into the tone of the message, I suppose, and I
• 28:20
  Speaker 2: really shouldn't do that. But the idea that you think
• 28:23
  Speaker 2: she owes you toilet paper, because you use that as
• 28:25
  Speaker 2: an example, like, I've got my opinions and I'm actually
• 28:28
  Speaker 2: gonna wait until Beck's there. But the idea that she
• 28:31
  Speaker 2: owes you that makes you a blood boil.
• 28:34
  Speaker 5: Yeah, I think that's the thing. But it's I totally
• 28:37
  Speaker 5: get it as well, Jess.
• 28:38
  Speaker 6: Like, as you said, I know that feeling of feeling
• 28:41
  Speaker 6: so like, how are you there in your life? Yeah,
• 28:45
  Speaker 6: I'm here, and you just feel really inadequate and really
• 28:47
  Speaker 6: really crappy. So I completely that feeling that on its
• 28:51
  Speaker 6: own totally fine. If you're in a sharehouse and like,
• 28:54
  Speaker 6: let's say this person, you know they made it twenty
• 28:57
  Speaker 6: thousand dollars pay rise and now they're expected to up there.
• 29:01
  Speaker 5: I suppose like what.
• 29:02
  Speaker 6: They're contributing to the house, and like it's like the
• 29:04
  Speaker 6: expenses have gone up and then their pay's gone up,
• 29:06
  Speaker 6: and like they're kind of just breaking even, you know
• 29:08
  Speaker 6: what I mean. I know that buying toilet paper isn't
• 29:09
  Speaker 6: gonna it's they're not gonna be breaking even there. But
• 29:12
  Speaker 6: like if if you're expecting that of someone who's made
• 29:15
  Speaker 6: a twenty k pay rise to then chip in way
• 29:19
  Speaker 6: more for the house and chip in way more for
• 29:21
  Speaker 6: like going out for drinks with mates and chipping in,
• 29:22
  Speaker 6: Like where does where do.
• 29:23
  Speaker 5: You draw the line?
• 29:24
  Speaker 6: He's just saying, like, oh, maybe they're like hounding me
• 29:26
  Speaker 6: for you know, to buy toilet roll and things like that.
• 29:30
  Speaker 6: I get that that can be annoying, But where do
• 29:33
  Speaker 6: you draw the line if they if you're saying they
• 29:35
  Speaker 6: need to buy the they should buy the toilet roll
• 29:36
  Speaker 6: if they if we're lacking, they should buy this. If
• 29:38
  Speaker 6: we're lacking, Like what are you expecting from them? You know,
• 29:42
  Speaker 6: they've just they've done this really cool thing. They've got
• 29:45
  Speaker 6: a huge pay rise, you know, just celebrate that and
• 29:47
  Speaker 6: everything else should be exactly the same. Just split everything,
• 29:50
  Speaker 6: Just split everything.
• 29:51
  Speaker 4: You're in a share house, yeah you share, that's it,
• 29:57
  Speaker 4: Jump on beam it and just split everything.
• 30:00
  Speaker 2: I couldn't agree more. I feel like you guys that Like,
• 30:03
  Speaker 2: I'm just going to basically reiterate everything that you said.
• 30:06
  Speaker 2: The fact that you know about your housemate's salary increase, though,
• 30:10
  Speaker 2: that's a privilege, not every you don't deserve to know
• 30:13
  Speaker 2: about her financial circumstances. She was probably so excited to
• 30:17
  Speaker 2: share that with you and was like, oh my gosh,
• 30:19
  Speaker 2: v I got this pay rise and I'm so excited
• 30:22
  Speaker 2: about it. That didn't mean that she was telling you
• 30:25
  Speaker 2: so she could afford to pay for more things for you.
• 30:28
  Speaker 2: She's you know, excited about her journey. And you know
• 30:31
  Speaker 2: we were saying before that, oh she did this really
• 30:33
  Speaker 2: good thing. That doesn't mean you're not doing really good things.
• 30:36
  Speaker 2: It just means you're on different journeys. Like maybe your
• 30:38
  Speaker 2: time hasn't come to have that income yet because you're
• 30:41
  Speaker 2: still at UNI. And I remember when I was at UNI.
• 30:44
  Speaker 2: It's crazy. I was at UNI. I was earning a
• 30:46
  Speaker 2: fair bit because I was working so many hours. It's
• 30:49
  Speaker 2: just like a retail job, but for a Uni student.
• 30:52
  Speaker 2: I wasn't like super you know, living on rice and
• 30:55
  Speaker 2: noodles all the time. I had enough money to buy,
• 30:58
  Speaker 2: you know, the nicer groceries. But I lived with a
• 31:01
  Speaker 2: housemate who was working full time, and at no point
• 31:04
  Speaker 2: did I ever expect them to contribute more. Like it
• 31:07
  Speaker 2: was just not the situation. It's just you pay for
• 31:10
  Speaker 2: your stuff. I'll pay for my stuff. We're housemates, and
• 31:13
  Speaker 2: I guess it comes down to I've been asked similar
• 31:16
  Speaker 2: questions historically, and I do not believe that you should
• 31:20
  Speaker 2: have any level of financial dependency on someone that you're
• 31:23
  Speaker 2: not building a financial future with. Like if Jess moved
• 31:26
  Speaker 2: in with me, I would expect her to pay the
• 31:29
  Speaker 2: rent that we agreed to contribute equally to the household bills,
• 31:32
  Speaker 2: and if the household chores and whatever else is going on,
• 31:35
  Speaker 2: whether I earned more or she earned more, I don't
• 31:38
  Speaker 2: only think it matters because we entered into this agreement
• 31:40
  Speaker 2: when Jess moved in with me. I'm not paying more
• 31:43
  Speaker 2: of Jess's stuff, and vice versa. Just isn't paying more
• 31:45
  Speaker 2: of my stuff because we don't have shared big financial
• 31:48
  Speaker 2: life goals. No, I'm not saving for a home with Jess.
• 31:51
  Speaker 2: I'm not, you know, saving my emergency fund for Jess.
• 31:54
  Speaker 2: I'm not doing those things. I'm doing that for me.
• 31:57
  Speaker 2: And then I get in a relationship with Steve, that
• 32:00
  Speaker 2: dynamic can change because now Steve and I are on
• 32:03
  Speaker 2: the same life path just and I aren't. What happens
• 32:06
  Speaker 2: if I, you know, like, let's slip it, Let's flip it,
• 32:10
  Speaker 2: and I'm I'm really happy to pay for Jess. Let's
• 32:12
  Speaker 2: pretend that I'm the most generous person in the entire
• 32:14
  Speaker 2: world and just moves in with me, and I go, oh, Jess,
• 32:16
  Speaker 2: you don't know and as much as me, So I'm
• 32:17
  Speaker 2: going to pay for everything. Is that creating a financially
• 32:22
  Speaker 2: independent woman who needs no man don't have.
• 32:25
  Speaker 4: A power imbalance as well?
• 32:26
  Speaker 2: There's a massive power imbalance to that, Like, I'm I
• 32:29
  Speaker 2: don't want to pay for your stuff because above and
• 32:31
  Speaker 2: beyond the fact that it's not my responsibility, I'm not
• 32:34
  Speaker 2: your parents, you're not in minor. That creates a power balance.
• 32:38
  Speaker 2: What are you going to ever move out?
• 32:39
  Speaker 4: Jess?
• 32:39
  Speaker 2: You've probably got it too good. I just I feel
• 32:44
  Speaker 2: like the toilet paper really grinds my gears as well,
• 32:47
  Speaker 2: because that's an equal use basic necessity of a household, right,
• 32:51
  Speaker 2: like you should be paying for that. But that's where
• 32:55
  Speaker 2: I draw the line, Like sharing expenses fine, but if
• 32:59
  Speaker 2: you're more wealthy, housemate comes home and says, oh, Yess,
• 33:03
  Speaker 2: I want to get Uber eats Friday night. Had the
• 33:06
  Speaker 2: biggest week at work and you know, I can't really
• 33:08
  Speaker 2: afford it, and they still really want to do it.
• 33:10
  Speaker 2: I think that's their expense. I don't mean that, oh,
• 33:13
  Speaker 2: you shouldn't be contributing to it, but if they want
• 33:15
  Speaker 2: to go do an activity and I go, no, Jess,
• 33:18
  Speaker 2: I really want to do it with you. I think
• 33:20
  Speaker 2: that your housemates should be paying for that experience if
• 33:22
  Speaker 2: it's not in your budget and you've been clear about
• 33:24
  Speaker 2: what that looks like and how that works, because that's
• 33:26
  Speaker 2: not fair, Like that's not fair to then be like, oh,
• 33:29
  Speaker 2: I want Jess to match my lifestyle. Ye when she
• 33:33
  Speaker 2: doesn't have that income to support that lifestyle. I think
• 33:36
  Speaker 2: then you know, maybe go hang out with your friends
• 33:39
  Speaker 2: who can afford ubreats if you want to split it equally.
• 33:41
  Speaker 2: But you know, I love hanging out with somebody who
• 33:44
  Speaker 2: isn't on the stay. I will pay for that experience,
• 33:47
  Speaker 2: And I think that that can extend to housemates, like
• 33:49
  Speaker 2: if they were arguing that they need the most expensive
• 33:51
  Speaker 2: toilet paper.
• 33:52
  Speaker 4: Yeah, I'm just gonna say that's the upgrading of product day.
• 33:55
  Speaker 4: It's like if you're like, I just want home brand
• 33:57
  Speaker 4: one ply, I don't care sandpaper, but toilet paper. It's
• 34:00
  Speaker 4: in my budget and that's fine, and their friends like
• 34:02
  Speaker 4: I want the gold rimmed, yeah, hand woven toilet paper,
• 34:07
  Speaker 4: then you're okay, that's a different story.
• 34:09
  Speaker 2: Yeah, exactly. Like I just I'm making the assumption that
• 34:11
  Speaker 2: it's just like base level, like we're just buying the
• 34:13
  Speaker 2: stuff that you know, both of you would normally buy anyway,
• 34:17
  Speaker 2: It's not yeah, the upgrade. We're not going from having
• 34:20
  Speaker 2: you know, a normal dinner to oh well, actually my
• 34:22
  Speaker 2: housemate keeps putting salmon philets on the weekly grocery budget
• 34:26
  Speaker 2: and I have to split that. Like, to me, that's
• 34:29
  Speaker 2: a different story if they were expecting you to match
• 34:32
  Speaker 2: their lifestyle.
• 34:33
  Speaker 4: Also she's texting you to say it's your turn for
• 34:35
  Speaker 4: toilet paper. I'm just setting carrying the mental load a
• 34:39
  Speaker 4: little bit there too, because like I've been in that
• 34:41
  Speaker 4: situation in a housemate setting where one person is always
• 34:45
  Speaker 4: the one who notices that something's missing or notices that
• 34:47
  Speaker 4: you're about to run out, and is therefore then the
• 34:49
  Speaker 4: person who starts carrying the load, because they're always the
• 34:52
  Speaker 4: one that.
• 34:52
  Speaker 2: Goes, oh yeah, if she's texting you asking you to
• 34:55
  Speaker 2: do it and you have yeah, you're right. I feel
• 34:57
  Speaker 2: like the DM didn't expect us to have this response
• 35:00
  Speaker 2: when what about your house mate? Yeah? But yeah, do
• 35:05
  Speaker 2: you know what? I used to be the housemate that
• 35:07
  Speaker 2: would text people be like, hey, it's your turn to X.
• 35:11
  Speaker 4: Yeah.
• 35:11
  Speaker 2: Also, as somebody who sometimes has earned more than some
• 35:15
  Speaker 2: of my friends, I am so happy to be generous.
• 35:19
  Speaker 2: I actually love it. I really love being able to
• 35:22
  Speaker 2: be like, oh no, Beck, I'll grab a coffee or
• 35:24
  Speaker 2: you know, oh Jess, I'll do this, Like that's fine.
• 35:27
  Speaker 2: Second you expect it, I'll cut you off.
• 35:28
  Speaker 1: Yeah.
• 35:29
  Speaker 2: The second anybody's like, oh, well we can pay, I
• 35:32
  Speaker 2: do not think so. Yeah, that is not how this
• 35:34
  Speaker 2: relationship works.
• 35:35
  Speaker 5: That's so true.
• 35:36
  Speaker 2: Does that make sense? And I feel like that's a
• 35:38
  Speaker 2: really common like if you're doing that to your housemate,
• 35:41
  Speaker 2: your housemate has picked up on that vibe. If I
• 35:43
  Speaker 2: was your housemate, I'd be like, no, got off?
• 35:47
  Speaker 6: So what did everyone else say to that we're being
• 35:50
  Speaker 6: really gentlest.
• 35:55
  Speaker 2: So someone DMed us. I'm not even reading a lot
• 35:58
  Speaker 2: of the responses that came through in our like our
• 36:02
  Speaker 2: question box, because it's too short. Everybody actually just sent
• 36:05
  Speaker 2: us along with the DM. So sit down. Oh hell no,
• 36:08
  Speaker 2: she is financially responsible for her friends. Everyone has choices,
• 36:13
  Speaker 2: and she chose to study in e minimal money wid Oh, like,
• 36:19
  Speaker 2: everyone does have choices, Like, of course you chose to study.
• 36:23
  Speaker 2: Of course, the choice to study means compromising other areas
• 36:26
  Speaker 2: of your life. But I feel like it's just everyone's
• 36:30
  Speaker 2: on a different journey and that's okay. I mean that
• 36:32
  Speaker 2: was a aggressive response. That's fine. Someone else said, when
• 36:36
  Speaker 2: you moved in with your housemate, you agreed to split
• 36:38
  Speaker 2: expenses equally. If you don't have shared finances or financial goals,
• 36:42
  Speaker 2: it needs to stay equal. Your housemates shouldn't have to
• 36:46
  Speaker 2: carry more of a load because they have more resources.
• 36:49
  Speaker 2: It would be nice of them if they did, but
• 36:51
  Speaker 2: they may be working hard towards a goal where every
• 36:54
  Speaker 2: single saint counts. My husband can't work right now, and
• 36:57
  Speaker 2: I pay for everything because we are a team and
• 36:59
  Speaker 2: have entirely shared finances. But if he was my roommate,
• 37:03
  Speaker 2: I wouldn't be paying his way. I know they may
• 37:06
  Speaker 2: seem like small things, but if that's what you'd agreed on,
• 37:09
  Speaker 2: you need to respect them and their finances. I like
• 37:14
  Speaker 2: the comment where she said, I'm paying for my husband
• 37:16
  Speaker 2: for everything if he was my housemate.
• 37:18
  Speaker 4: Hell no, that's like a clear in my mind, there
• 37:21
  Speaker 4: is a clear delineation between you working towards something with
• 37:25
  Speaker 4: someone and you just kind of coexisting in the same space,
• 37:28
  Speaker 4: and housemates are coexisting doing their best, but on their
• 37:31
  Speaker 4: own path, and therefore you should be responsible for your
• 37:34
  Speaker 4: and shit. Yeah. Yeah.
• 37:37
  Speaker 2: Another person said in a sharehouse, split everything evenly and
• 37:41
  Speaker 2: make a toilet paper roster. I feel like this is
• 37:43
  Speaker 2: getting petty, like a.
• 37:44
  Speaker 6: Star chart if they're pap roster like I have lived
• 37:49
  Speaker 6: in a house with a star chart before.
• 37:51
  Speaker 2: No, you have not, have you? Yes, a star chart?
• 37:54
  Speaker 4: I implemented, that's really cute.
• 37:58
  Speaker 2: How did you get cute? You get too regressive as hell, Jesse,
• 38:01
  Speaker 2: Why did we have star charts?
• 38:03
  Speaker 4: There were two housemates who were doing it all, carrying
• 38:06
  Speaker 4: the load, and there was one housemate who was just
• 38:08
  Speaker 4: not at it with the naughty kid. Yeah, exactly, And
• 38:11
  Speaker 4: it's when there are three girls sharing a bathroom. You
• 38:14
  Speaker 4: know what, Sometimes you just got to find a way
• 38:17
  Speaker 4: to equalize it, because.
• 38:18
  Speaker 5: It's that's fair.
• 38:19
  Speaker 2: What do you get if you filled up your star chart?
• 38:21
  Speaker 4: Ah, when it wasn't that fun of a star chart.
• 38:23
  Speaker 4: It was it if you get stars, it's that I
• 38:25
  Speaker 4: did my chores this week.
• 38:27
  Speaker 5: That's so cute.
• 38:28
  Speaker 4: That's very embarrassing.
• 38:29
  Speaker 2: Hot girlshit, hot girl shit, all right, so this one
• 38:32
  Speaker 2: instead in a sharehouse, split everything evenly and make a
• 38:35
  Speaker 2: toilet paper roster. It helps people feel like they're not
• 38:37
  Speaker 2: the only one buying, and you just get into a
• 38:40
  Speaker 2: mechanical routine. It's not personal and not a repeated internal battle.
• 38:44
  Speaker 2: Any super outstanding extras that only one person uses. So
• 38:48
  Speaker 2: for example, my housemate has a car, so she gets
• 38:51
  Speaker 2: car space, they can pay extra. If it's only one slight,
• 38:54
  Speaker 2: one person uses air con slightly more than the other,
• 38:57
  Speaker 2: then that's just life, and it's fair to split it
• 39:00
  Speaker 2: even at the end of the day. That's what you
• 39:02
  Speaker 2: agreed to, regardless of incomes or whether someone is profiting
• 39:05
  Speaker 2: slash playing less or more because they're subleasing.
• 39:08
  Speaker 4: That's a very thorough covers it all.
• 39:10
  Speaker 8: Yeah.
• 39:11
  Speaker 2: Someone then said I feel like the way or the
• 39:15
  Speaker 2: tone of some of these messages is just not vibing
• 39:18
  Speaker 2: with me, Like I feel like I'm being personally attacked. Yeah,
• 39:21
  Speaker 2: even though I'm not.
• 39:22
  Speaker 5: Kind of scary.
• 39:23
  Speaker 4: We've all had a shit housemate and it's.
• 39:28
  Speaker 2: Yeah, okay, So this one said your choices have left
• 39:31
  Speaker 2: you with a lower income. That's not her responsibility to
• 39:34
  Speaker 2: pay for you. I say this because I have been
• 39:36
  Speaker 2: both the friends in this situation. She probably has goals
• 39:39
  Speaker 2: and she shouldn't have to compromise them because you're a
• 39:42
  Speaker 2: UNI student who just earns less. I'm saying this as
• 39:44
  Speaker 2: I'm now a full time UNI student who actually earns
• 39:47
  Speaker 2: seventy thousand dollars a year, which in itself is a
• 39:50
  Speaker 2: very privileged position to be. I like that you've disclaimed
• 39:53
  Speaker 2: it that thank you, But I wouldn't expect my friends
• 39:55
  Speaker 2: to be buying things for me just because they earn more,
• 39:58
  Speaker 2: and being a UNI student working full time, it's really hard.
• 40:01
  Speaker 2: I want to use any excess I have in my
• 40:03
  Speaker 2: income to get a head in life and on myself,
• 40:05
  Speaker 2: which I think is very fair.
• 40:08
  Speaker 4: Slong and short of it is, sorry to tell you this,
• 40:11
  Speaker 4: but no, she's not in a favor doile of favor.
• 40:14
  Speaker 2: Yeah, there were lots of other messages that said, this
• 40:17
  Speaker 2: is gross, this is weird, this really irks me, And
• 40:21
  Speaker 2: I think I think it does because, as you said, yes,
• 40:24
  Speaker 2: we've all had a shitty housemate. Remember the time I
• 40:26
  Speaker 2: told you about my housemate who decided to become vegan
• 40:29
  Speaker 2: one weekend and throughout all of the food in my
• 40:32
  Speaker 2: freeze us. Yeah, like we've all been there, right. She
• 40:35
  Speaker 2: also used to borrow my underwear, but that's a different
• 40:37
  Speaker 2: story for a different very bad But I do think
• 40:41
  Speaker 2: that that conversation, it kind of makes sense that it
• 40:44
  Speaker 2: came up in our community because it's kind of like, oh,
• 40:46
  Speaker 2: I can see why, you know, if you're in a
• 40:48
  Speaker 2: position where you're like, oh, I'm just finding it really
• 40:49
  Speaker 2: hard to make ends meat and she's not, Like I
• 40:51
  Speaker 2: can see why that's come up because we always have
• 40:54
  Speaker 2: the conversation about equity versus equality in relationships, and I
• 40:58
  Speaker 2: do believe that those things need to be taken into consideration.
• 41:01
  Speaker 2: Like I don't believe that if your partner earns your
• 41:04
  Speaker 2: your life partner earns more money than you, that it
• 41:07
  Speaker 2: should be split fifty to fifty. I just don't think
• 41:09
  Speaker 2: that that is an equitable way of creating I guess
• 41:13
  Speaker 2: independence and an equitable relationship. I do think that things
• 41:16
  Speaker 2: should be split a little bit differently, but I do
• 41:18
  Speaker 2: not believe that that should happen in a housemate situation,
• 41:22
  Speaker 2: Like you've got no idea. Also, you're only making that
• 41:25
  Speaker 2: assumption because you know what she earns. Yeah, that circumstance
• 41:28
  Speaker 2: would not be different if she'd never disclosed what she
• 41:30
  Speaker 2: was earning and you just made an assumption she was
• 41:32
  Speaker 2: also on thirty seven thousand dollars because she was in
• 41:34
  Speaker 2: a grab position, right, that wouldn't have come up. And
• 41:38
  Speaker 2: money is private. Money is often really secret. Like, how
• 41:41
  Speaker 2: do you know that your other housemate that is also
• 41:44
  Speaker 2: UNI with you and you haven't spoken to her? You
• 41:46
  Speaker 2: just assume she has not as much money as you.
• 41:48
  Speaker 2: How do you know she doesn't have a trust fund? Yeah,
• 41:50
  Speaker 2: and she's actually worth millions. She just hasn't said anything
• 41:53
  Speaker 2: because she's managing her money. Well, maybe she's actually not
• 41:56
  Speaker 2: your business exactly. Maybe she's Beyonce and you just don't know.
• 41:59
  Speaker 2: But like money and other people's money is none of
• 42:02
  Speaker 2: your business unless they've chosen to share with you, and
• 42:05
  Speaker 2: if they have shared that with you. It is a
• 42:07
  Speaker 2: privilege that you shouldn't be abusing.
• 42:09
  Speaker 4: Yeah, good on you for thinking critically about finances, but
• 42:12
  Speaker 4: on this one it is a no from us.
• 42:16
  Speaker 5: If we could get about Bao right here, that would
• 42:18
  Speaker 5: be great.
• 42:20
  Speaker 4: Nah. I like that.
• 42:21
  Speaker 2: I like the one we did.
• 42:23
  Speaker 5: Oh yes, self is nice.
• 42:25
  Speaker 6: Sorry about so star, Thank you so much writing. And
• 42:28
  Speaker 6: we really see where you're coming from. And I hope
• 42:30
  Speaker 6: that we weren't too harsh.
• 42:31
  Speaker 2: We were really harsh.
• 42:32
  Speaker 4: I'm so sorry.
• 42:34
  Speaker 2: I'm so sorry. Let's go all right, have a beautiful weekend. Guys.
• 42:37
  Speaker 2: We will see you on Monday for a money diary.
• 42:40
  Speaker 2: We love you, Bye bye. Did buy shared on? She's
• 42:50
  Speaker 2: on the Money is generally nature and does not consider
• 42:53
  Speaker 2: your individual circumstances. She's on the Money exists purely for
• 42:57
  Speaker 2: educational purposes and should not be relied upon to make
• 43:00
  Speaker 2: an investment or financial decision. If you do choose to
• 43:03
  Speaker 2: buy a financial product.
• 43:05
  Speaker 7: Read the PDS TMD and obtain appropriate financial.
• 43:08
  Speaker 2: Advice tailored towards your needs.
• 43:10
  Speaker 7: Victoria Divine and She's on the Money are authorized representatives
• 43:14
  Speaker 7: of Money. Sheerper P t y lt D A B
• 43:16
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• 43:19
  Speaker 7: seven zero eight, AFSL four five one two eight nine