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MONEY DIARIES: Instagram paying the bills · She's On The Money

• 0:00
  Speaker 1: She's on the Money.
• 0:02
  Speaker 2: She's on the Money.
• 0:13
  Speaker 3: Hello, and welcome to She's on the Money, the podcast
• 0:16
  Speaker 3: for millennials who want financial freedom.
• 0:19
  Speaker 1: Today, I am.
• 0:20
  Speaker 3: Joined by Victoria Devine, hi friend, for another money diary,
• 0:24
  Speaker 3: their best, and this one.
• 0:27
  Speaker 1: Is a little inspowey.
• 0:29
  Speaker 3: It's a little bit fun, it's a little bit fresh,
• 0:31
  Speaker 3: and I've read the email. It's really spoken to me internally,
• 0:34
  Speaker 3: and I.
• 0:35
  Speaker 2: Think that's why you chose it. Yes, I love it.
• 0:37
  Speaker 2: Can you please read it out for Okay?
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  Speaker 4: Hello, sootm And if you're new She's on the Money
• 0:42
  Speaker 4: the podcast you're already listening to.
• 0:44
  Speaker 2: Yes Stom for those who love that name.
• 0:47
  Speaker 4: I've been a marketing manager in education, tourism, entertainment, fmcg, etc.
• 0:53
  Speaker 4: For over ten years. During maternity leave, I started an
• 0:57
  Speaker 4: Instagram page to talk about the perioral dermatie as I
• 1:00
  Speaker 4: have developed from my pregnancy and birth hormones. That was
• 1:04
  Speaker 4: ten months ago, and now brands are paying me to
• 1:06
  Speaker 4: talk about my experiences using their products on my sensitive
• 1:09
  Speaker 4: dry skin on my Instagram page.
• 1:11
  Speaker 2: Oh my gosh, she's a little influenced.
• 1:14
  Speaker 4: Some are also asking me for content for their own use.
• 1:17
  Speaker 4: Even Napoleon Purdose wanted me to make content for a
• 1:20
  Speaker 4: sunscreen launch in China.
• 1:22
  Speaker 2: Why does this have to be anonymous? Like, now we
• 1:25
  Speaker 2: can't perv on her.
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  Speaker 1: That sucks.
• 1:27
  Speaker 4: Well, maybe we can let her pick if we give
• 1:29
  Speaker 4: out her little ig encounment.
• 1:31
  Speaker 2: It's not happening. I checked her privacy. I'm going to
• 1:36
  Speaker 2: ask her for it though, So you guys, I'm going
• 1:38
  Speaker 2: to see it. You're not.
• 1:38
  Speaker 1: I've actually got it. I can give it.
• 1:41
  Speaker 4: Additionally, I'm now writing for beauty blogs and websites. I've
• 1:45
  Speaker 4: quit my day job finish in a couple of weeks, and.
• 1:48
  Speaker 2: What's come at me? She's now the beauty blogger.
• 1:51
  Speaker 4: She's going to be taking over our podcast soon you
• 1:53
  Speaker 4: watch out, and will be full time influencing and writing
• 1:56
  Speaker 4: and also being a mum from now on next already
• 2:00
  Speaker 4: booked for three thousand dollars worth of work.
• 2:02
  Speaker 1: What holy moly, that's so exciting that should we?
• 2:07
  Speaker 2: Should we give her a bus?
• 2:08
  Speaker 4: I need to talk to her all right, let's get
• 2:10
  Speaker 4: her on the phone. Hello, Money Diarist.
• 2:13
  Speaker 5: Hi, Toney and Victoria?
• 2:15
  Speaker 2: How are you who?
• 2:16
  Speaker 1: She goes? She's and she knows who we are. Oh
• 2:21
  Speaker 1: that's doesn't make you famous?
• 2:24
  Speaker 2: Yeah, it does a little bit. It does a little bit.
• 2:26
  Speaker 2: Thank you so much for allowing us to share your
• 2:29
  Speaker 2: money diary. I'm so excited. As always, we're going to
• 2:32
  Speaker 2: go through all of the standard money diary questions that
• 2:35
  Speaker 2: the community knows and loves. Then after the break, we
• 2:39
  Speaker 2: will get into asking you some more pervy personal questions
• 2:42
  Speaker 2: based on your responses. How's that sound?
• 2:44
  Speaker 5: Okay, sounds good to hear what you're going to ask.
• 2:47
  Speaker 2: Oh my gosh, we don't know what we're gonna ask
• 2:49
  Speaker 2: just yet, so it depends on your responses, my friend.
• 2:52
  Speaker 2: So let's start with the first question, which is, as always,
• 2:56
  Speaker 2: what is your attitude towards money?
• 3:00
  Speaker 5: I think my attitude sports money has just always been
• 3:03
  Speaker 5: to spend less than I earned, no matter how much
• 3:08
  Speaker 5: I've earned. I guess because I have kind of had
• 3:11
  Speaker 5: very different levels of jobs in the corporate world over
• 3:15
  Speaker 5: the last like ten to eleven years, starting straight after university, Like,
• 3:19
  Speaker 5: it really has just been spend less on my own
• 3:22
  Speaker 5: so that I don't go into debt. I'm kind of
• 3:24
  Speaker 5: staying within my means and that success is owned, so
• 3:30
  Speaker 5: I have to work hard to make more money.
• 3:33
  Speaker 2: Yeah, So what do you do for work and how
• 3:36
  Speaker 2: much money do you earn?
• 3:38
  Speaker 5: So, up until about two weeks ago, I was a
• 3:42
  Speaker 5: marketing manager for a university and I earned ninety thousand
• 3:46
  Speaker 5: dollars a year. But as from the email that you
• 3:51
  Speaker 5: have thread out, I have quit that job now just
• 3:55
  Speaker 5: to focus on being a mom and also made my
• 4:00
  Speaker 5: content creation and influencing a full time job. So now
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  Speaker 5: I don't really know what a year's salary will be
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  Speaker 5: like because I haven't been doing it for a year.
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  Speaker 5: But last month I did three thousand dollars work, so
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  Speaker 5: I'm hoping that I can kind of keep that momentum.
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  Speaker 4: That's a lot of money to make from doing something
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  Speaker 4: that you love and that people have recognized that you're
• 4:23
  Speaker 4: just good at.
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  Speaker 1: That's huge.
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  Speaker 5: Yeah, I just love it so much. I love it
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  Speaker 5: so much, and I think because it does kind of
• 4:29
  Speaker 5: lend itself from the marketing arm and I am just
• 4:32
  Speaker 5: like focusing on something that I love is kind of
• 4:34
  Speaker 5: bringing to things together.
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  Speaker 2: Yeah, and it kind of makes sense. When Tony read
• 4:39
  Speaker 2: out that you were a marketing manager, I was like,
• 4:41
  Speaker 2: of course she is tricks. Yeah, those guys are always
• 4:45
  Speaker 2: really good content, so it makes sense. It means that
• 4:48
  Speaker 2: you've been training your whole life for this. I have
• 4:49
  Speaker 2: no doubt I have.
• 4:50
  Speaker 5: I've been training for this exactly exactly.
• 4:54
  Speaker 2: So what is your big money goal right now?
• 4:57
  Speaker 5: So money goal right now is kind of a big
• 5:00
  Speaker 5: life update. Was to save a lot of money because
• 5:04
  Speaker 5: I'm actually about to move Overseas with my husband and
• 5:08
  Speaker 5: my son for my husband's job. So we're moving to Canada,
• 5:13
  Speaker 5: so far away, so far away. So kind of pushed
• 5:20
  Speaker 5: for me to have to work for myself because he
• 5:25
  Speaker 5: bout me. I know, it's kind of I had no
• 5:29
  Speaker 5: idea that I would end up earning any money from
• 5:32
  Speaker 5: any of this, so it's all just it's meant to be,
• 5:35
  Speaker 5: meant to be. So the money goal is just to
• 5:40
  Speaker 5: live off our savings and the income that he has
• 5:44
  Speaker 5: over there. It's quite expensive obviously the process to get
• 5:47
  Speaker 5: there living there, but then when we come back, we
• 5:51
  Speaker 5: want to be able to buy a house back here
• 5:54
  Speaker 5: in queens in Queensland on the Gold Coast, so beauty. Yeah,
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  Speaker 5: that's kind of our long term next couple of years ago.
• 6:02
  Speaker 2: It's going to be a bit of a weather shock
• 6:03
  Speaker 2: for you, my friend. You're going to go from funny
• 6:06
  Speaker 2: Queensland over to Canada, where you actually have to wear
• 6:09
  Speaker 2: snow boots on your way to work.
• 6:11
  Speaker 5: I'm no, I'm not even taking like hardly any clothes
• 6:14
  Speaker 5: because there's no points. I'm just gonna buy everything there. Yeah,
• 6:17
  Speaker 5: and the hope that I can adjust.
• 6:19
  Speaker 2: So did you currently invest?
• 6:23
  Speaker 5: Yes, we do. We only started last year though, I
• 6:26
  Speaker 5: have been fortunate enough that as much as I don't
• 6:30
  Speaker 5: like talking about about finances, which is so funny, I'm
• 6:34
  Speaker 5: on a finance podcast right now. My mom is a
• 6:38
  Speaker 5: financial planner.
• 6:39
  Speaker 2: Oh my gosh, she she.
• 6:41
  Speaker 5: Is, actually, but it's not my financial planner because I
• 6:44
  Speaker 5: never want to talk about money, so it's just so funny.
• 6:46
  Speaker 5: But and my brother works in options trading. Oh my god.
• 6:51
  Speaker 2: So you're all finance and you're like, I'm still not
• 6:53
  Speaker 2: listening to you. I'll be your financial yann It's okay.
• 6:56
  Speaker 5: Yeah, basically, I just oh, well, I don't have one still,
• 7:00
  Speaker 5: so that would be great.
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  Speaker 2: So then when you guys get back from Canada, hit
• 7:03
  Speaker 2: me up and we can do advice. You can stay
• 7:05
  Speaker 2: in Queensland. It's all good.
• 7:08
  Speaker 5: That would be absolutely perfect.
• 7:09
  Speaker 2: Can you imagine if the way I got new clients
• 7:12
  Speaker 2: with money diy money diaries, and I got your money
• 7:15
  Speaker 2: diaries and they're like mini interviews to be my client.
• 7:17
  Speaker 1: And then we got off the phone.
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  Speaker 5: Quite brilliant, because then you know where I could sit
• 7:21
  Speaker 5: together if we're clients, it would be I.
• 7:25
  Speaker 2: Think you and I we're a dream team. I reckon.
• 7:30
  Speaker 5: Compliments each other perfectly.
• 7:32
  Speaker 1: We're going to get off the phone.
• 7:36
  Speaker 2: She's picking up what I'm putting down.
• 7:38
  Speaker 1: Yeah, I think it's a done deal. Do you guys
• 7:40
  Speaker 1: want me to last?
• 7:41
  Speaker 2: If you could just leave, we've got work to do.
• 7:45
  Speaker 5: I can't even remember what the question was now it
• 7:47
  Speaker 5: doesn't matter.
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  Speaker 2: But we've learned that money Diarist's mum is actually a
• 7:51
  Speaker 2: financial advisor.
• 7:52
  Speaker 1: And she's got a financial advisor. Now it's you.
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  Speaker 5: You're my financial circle.
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  Speaker 1: Oh.
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  Speaker 5: I remember my brother he worked in options anyway, So
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  Speaker 5: I hadn't invested into anything until last year. And it
• 8:10
  Speaker 5: was because my brother, who basically was spending all day
• 8:14
  Speaker 5: every day looking at charts, was saying, if you're going
• 8:17
  Speaker 5: to do it, you should do it now, like when
• 8:19
  Speaker 5: COVID was happening.
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  Speaker 2: Yeah.
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  Speaker 5: So yes, So we had a lot of all of
• 8:25
  Speaker 5: our savings because we weren't able to travel and we
• 8:28
  Speaker 5: just had a baby, and we were just kind of
• 8:31
  Speaker 5: had all our money in cash, and so he convinced
• 8:34
  Speaker 5: us to start investing them. So that's when we put
• 8:38
  Speaker 5: money into like some specific companies.
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  Speaker 2: And that's so exciting for those of you playing a
• 8:45
  Speaker 2: lot at home. What happened during COVID was a lot
• 8:48
  Speaker 2: of markets crashed because they couldn't either be sustained or
• 8:52
  Speaker 2: people were really you know, a lot of fear was
• 8:54
  Speaker 2: happening in the market at that point in time, which
• 8:56
  Speaker 2: meant that the share market decreased in value. Money, Dorist,
• 9:00
  Speaker 2: I'm assuming has put some money in at a low
• 9:03
  Speaker 2: point in the market, which is actually the time of
• 9:05
  Speaker 2: most opportunity, and I'm assuming money Dorist. Am I right
• 9:09
  Speaker 2: when I say you've probably done pretty well over the
• 9:11
  Speaker 2: last six months.
• 9:13
  Speaker 5: I absolutely have this career. You are on the money.
• 9:17
  Speaker 2: Thank you, thank you, And she's witty.
• 9:19
  Speaker 1: I love her dream client dream cla.
• 9:22
  Speaker 2: Right, we'll move away from investments and ask do you
• 9:25
  Speaker 2: currently have any debts?
• 9:27
  Speaker 5: No that we don't own a house, No, not yet,
• 9:32
  Speaker 5: we've not yet. We plan to have debt when we
• 9:35
  Speaker 5: buy a house, but we don't have any credit cards
• 9:40
  Speaker 5: that we're renting at the moment, and we paid for
• 9:43
  Speaker 5: our cars outright. We yeah, we pretty much always try
• 9:48
  Speaker 5: to stick with the like living within our means. So yeah,
• 9:52
  Speaker 5: no debt, that's the moment.
• 9:53
  Speaker 2: So that's a beautiful mentality, and I think a lot
• 9:56
  Speaker 2: of people are listening to it being like wow, like
• 9:58
  Speaker 2: I wish that was me. Have you ever been in debt?
• 10:03
  Speaker 5: No?
• 10:03
  Speaker 2: So what do you haven't stopped you from getting in debt?
• 10:06
  Speaker 2: Like obviously growing up, you know, we live in I
• 10:10
  Speaker 2: would say, the age of Instagram at the moment where
• 10:12
  Speaker 2: you know, everything.
• 10:13
  Speaker 5: Is forced to us.
• 10:14
  Speaker 2: A lot of us feel like we should be spending
• 10:16
  Speaker 2: more than we're earning. How have you managed to slip
• 10:19
  Speaker 2: through the cracks of not ever being in debt and
• 10:22
  Speaker 2: having no consumer debt? Like what does that look like?
• 10:24
  Speaker 4: Especially with a career on Instagram now as well?
• 10:27
  Speaker 2: Yeah, exactly, career on Instagram. You've got a husband, Yeah,
• 10:31
  Speaker 2: you've got a husband, You've got a baby, Like, what
• 10:33
  Speaker 2: have you done?
• 10:34
  Speaker 1: I want to learn?
• 10:37
  Speaker 5: So basically, I think from when I was like at
• 10:40
  Speaker 5: university and I was working like in retail, and I've
• 10:44
  Speaker 5: always had a credit card. So it's not that I
• 10:46
  Speaker 5: don't have a credit card. I do that because I
• 10:49
  Speaker 5: want the credit score and everything that comes associated to
• 10:53
  Speaker 5: it and like being able to learn down to learn
• 10:56
  Speaker 5: to pay off my debt. But I think having a
• 10:59
  Speaker 5: financial planner for a mom just in the back of
• 11:02
  Speaker 5: your head like drills down, like budgeting and knowing what
• 11:07
  Speaker 5: bills are going to be able to come in and
• 11:09
  Speaker 5: how much are you're going to be earning in that
• 11:11
  Speaker 5: fortnight or that month, and identifying the gap of how
• 11:15
  Speaker 5: much money you have left over. Now, I won't say
• 11:17
  Speaker 5: I've always been the best saver, like that money that
• 11:20
  Speaker 5: was left over. I love shopping, loves beauty of costs,
• 11:25
  Speaker 5: and so I'm big on spending that. But I think
• 11:28
  Speaker 5: the way, the thing that drives me the most to
• 11:31
  Speaker 5: never go into that is I've always had goals, financial
• 11:34
  Speaker 5: goals of things that I'm saving for. If I don't
• 11:36
  Speaker 5: have that, I tend to just like chuck money around
• 11:39
  Speaker 5: everywhere without really thinking about it. But I think just
• 11:42
  Speaker 5: having goals and always like working hard. I've definitely increased
• 11:48
  Speaker 5: my income and along with that increased costs. But yeah,
• 11:52
  Speaker 5: just having goals kind of keeps me accountable. And We've
• 11:55
  Speaker 5: done a lot of traveling, so I've kind of just
• 11:57
  Speaker 5: always had that in the back of my mind.
• 11:59
  Speaker 2: Yeah, do you think having a mom that was a
• 12:01
  Speaker 2: financial advisor, regardless of whether you know you let her
• 12:04
  Speaker 2: be your advisor, which, in all honesty, I love my
• 12:07
  Speaker 2: mom to death, but you best believe I would never
• 12:10
  Speaker 2: let her be my financial advisor, mainly because she's an
• 12:13
  Speaker 2: autopsy technician. Do you reckon? That's probably why? Probably anyway,
• 12:19
  Speaker 2: So do you think that having a mom is a
• 12:21
  Speaker 2: financial advisor set you up a little bit differently when
• 12:25
  Speaker 2: it came to money, even though you probably weren't wanting financially.
• 12:29
  Speaker 5: So yeah, I think so, because I definitely don't have
• 12:33
  Speaker 5: her as my financial advisor fame as you, I think
• 12:36
  Speaker 5: I want to keep those relationships separate. But I think
• 12:41
  Speaker 5: just seeing her and how she has worked with mine.
• 12:45
  Speaker 5: She's a single mom, My parents are separated, and so
• 12:48
  Speaker 5: I've always just kind of watched her with finances on
• 12:52
  Speaker 5: the single income and how to like we don't come
• 12:56
  Speaker 5: from like a wealthy whether it's like average kind of
• 13:00
  Speaker 5: situation that a lot of Australians would be in, and
• 13:03
  Speaker 5: so she's kind of had to be very good at budgeting.
• 13:06
  Speaker 5: And I think I'm the oldest child, like I have
• 13:09
  Speaker 5: a younger brother, so I've been aware of what like
• 13:14
  Speaker 5: how far money can go, and you really have to
• 13:17
  Speaker 5: be careful with what you spend, otherwise you don't have
• 13:20
  Speaker 5: money to live.
• 13:22
  Speaker 1: I guess it's true.
• 13:24
  Speaker 5: Yeah, so I feel like I'm just aware that you
• 13:27
  Speaker 5: need money, and budgeting has just been always such a
• 13:30
  Speaker 5: big part of our life.
• 13:31
  Speaker 2: Yeah, And I guess it's important to point out that,
• 13:34
  Speaker 2: you know, we don't create our own money stories, but
• 13:38
  Speaker 2: we are a product of our environment, right, Like, if
• 13:40
  Speaker 2: we are being surrounded by people making good money decisions
• 13:43
  Speaker 2: and having conversations around money, it's very likely that you
• 13:47
  Speaker 2: are too going to be making good money decisions because
• 13:50
  Speaker 2: that's just what you were taught. And yeah, I found
• 13:52
  Speaker 2: people who are in debt and you know, see a
• 13:56
  Speaker 2: credit card as just a tool to use. You just
• 13:58
  Speaker 2: grow up thinking, all right, well, credit cards great, Like
• 14:01
  Speaker 2: I use credit card, my parents use credit cards. It's fine,
• 14:03
  Speaker 2: Like it's not actually in your control. But sometimes people
• 14:07
  Speaker 2: grow up and they're like, oh, I didn't actually realize
• 14:09
  Speaker 2: that my good money habits came from the factor that
• 14:11
  Speaker 2: I was just surrounded by great money habits. And a
• 14:13
  Speaker 2: lot of people think that you learn it in your
• 14:16
  Speaker 2: early twenties, when in reality, it's been ingrained in you
• 14:19
  Speaker 2: since you were seven years old, which is cool to
• 14:21
  Speaker 2: think about, but also so interesting to start asking other people, Hey,
• 14:25
  Speaker 2: where do you think that came from? Like why have
• 14:26
  Speaker 2: you never been in debt despite the fact that you're
• 14:29
  Speaker 2: a millennial and you know you've grown up in the
• 14:32
  Speaker 2: same age as we have. How did that work?
• 14:35
  Speaker 4: And also the common misconception that good money habits come
• 14:38
  Speaker 4: from being from a wealthy family.
• 14:41
  Speaker 2: No, it's just not true, absolutely not. And I've said
• 14:44
  Speaker 2: this before, and I know we're not meant to be
• 14:45
  Speaker 2: having the conversation now, We're meant to be asking question
• 14:47
  Speaker 2: now that her heart's my podcast, Don't do what I Want.
• 14:51
  Speaker 2: It's interesting because some of my wealthiest clients are the
• 14:54
  Speaker 2: ones that don't have the biggest incomes. They're the ones
• 14:57
  Speaker 2: that have actually just been really consistent and really understand
• 15:00
  Speaker 2: owning of their budget, and you know, they understood the
• 15:02
  Speaker 2: value of a dollar. And while so I can't say
• 15:04
  Speaker 2: I've been their financial advisor, you know from the very start,
• 15:07
  Speaker 2: because they've been doing this for the past forty fifty years,
• 15:11
  Speaker 2: they've come to me and you can just see that
• 15:12
  Speaker 2: consistency and see their history and see why they're in
• 15:16
  Speaker 2: that position and they're not on six figure incomes. They're
• 15:18
  Speaker 2: on you know, five figure, really normal incomes that put
• 15:23
  Speaker 2: them in a preferential space. And I just think there's
• 15:25
  Speaker 2: so much power to it. And that's why I guess
• 15:27
  Speaker 2: we're here me trying to share more stories.
• 15:30
  Speaker 1: I love that. That's really nice.
• 15:32
  Speaker 2: Well, do you want to get to the other question?
• 15:33
  Speaker 1: Yep, Sorry, many tyris. We've really got.
• 15:36
  Speaker 2: We've gotten off crack, but I think it was a
• 15:38
  Speaker 2: good derail. But let's jump back on the train of questions.
• 15:41
  Speaker 2: The next question is what is your best money habit?
• 15:45
  Speaker 5: Oh, my best money habit, I think paying off their
• 15:48
  Speaker 5: credit cards and looking through my life bank account apps,
• 15:52
  Speaker 5: like just to know where my money is going. I
• 15:55
  Speaker 5: think out a side, out of mind. It's definitely a
• 15:58
  Speaker 5: problem for me. And if I'm not looking at what
• 16:01
  Speaker 5: I'm spending, I go into this vortex of just spending, spending, spending,
• 16:06
  Speaker 5: and that definitely happened, has happened to me before. And
• 16:09
  Speaker 5: I've even had to go to my husband. We share
• 16:11
  Speaker 5: a bank account, but he's never like come to me
• 16:13
  Speaker 5: and be like, why are you spending this? But I
• 16:15
  Speaker 5: have to go to him and be like, can we
• 16:18
  Speaker 5: like that? I called it Money Mondays, and I was like,
• 16:20
  Speaker 5: oh my god.
• 16:21
  Speaker 2: You do you want to do the content shades on
• 16:23
  Speaker 2: the money moving forward?
• 16:25
  Speaker 5: Oh my god, I absolutely can in the world moving Canada, Yes,
• 16:30
  Speaker 5: money mondays. And that's when I sit down with him
• 16:33
  Speaker 5: and we go through our bank app and which has
• 16:37
  Speaker 5: all of our accounts in it and our like trading
• 16:40
  Speaker 5: and shares and blah blah blah, and I'm like, can
• 16:43
  Speaker 5: we just go through it so that I can see
• 16:45
  Speaker 5: it and understand every single thing that we're kind of
• 16:48
  Speaker 5: spending and most of it's me spending, but it just.
• 16:51
  Speaker 1: Makes me accountaful aware of it.
• 16:53
  Speaker 5: I think seeing accountaful, I'm aware. I think that's my
• 16:55
  Speaker 5: biggest thing, is like I make an effort to be
• 16:58
  Speaker 5: aware of what I'm spending, and then I am much
• 17:00
  Speaker 5: more conscious.
• 17:01
  Speaker 2: And that's half the battle, right, That's the one thing
• 17:03
  Speaker 2: that we all bury our heads in the sand about.
• 17:05
  Speaker 2: We don't want to just be faced with what we're spending.
• 17:07
  Speaker 2: And if you can jump that hurdle, you can jump
• 17:10
  Speaker 2: any money hurdle.
• 17:12
  Speaker 5: Yes, And because I am definitely an impulse spender and
• 17:16
  Speaker 5: if no one checks me and I just go out
• 17:19
  Speaker 5: and like, like all these brands are having these trails
• 17:22
  Speaker 5: and you our credit card number off by heart. And
• 17:28
  Speaker 5: my husband was like, that's the problem, because why do
• 17:32
  Speaker 5: our credit card number off by heart?
• 17:33
  Speaker 2: She's a genius. She's just really good with numbers. Her
• 17:36
  Speaker 2: mum's a financial advisor. Why don't you understand if you
• 17:40
  Speaker 2: need me to back you up, I've got you.
• 17:43
  Speaker 5: Okay, thank you.
• 17:44
  Speaker 1: All right?
• 17:44
  Speaker 2: And what is your worst money habit.
• 17:48
  Speaker 5: Also the fact that I am an impulse spender. I
• 17:53
  Speaker 5: think that sometimes I do find it hard to put
• 17:58
  Speaker 5: I know you have the rule of putting like twenty
• 18:00
  Speaker 5: four hours between yourself and a person.
• 18:03
  Speaker 2: Yeah, I do really I that.
• 18:05
  Speaker 5: Yeah, yes, I've heard that. I try to implement it,
• 18:10
  Speaker 5: but I don't always do that.
• 18:12
  Speaker 2: It's harder.
• 18:15
  Speaker 5: Yes, definitely. Things are shiny and I need it, Like basically,
• 18:19
  Speaker 5: I really struggle to do that. I go through weeks
• 18:23
  Speaker 5: where I'm like, I'm so good at this and I
• 18:25
  Speaker 5: have like goals. Well it's just the same as like
• 18:27
  Speaker 5: a diet, like I feel like start off really well
• 18:29
  Speaker 5: and then I fall off.
• 18:31
  Speaker 2: But that's so true, and most people do want budgets,
• 18:34
  Speaker 2: and that's why you just want to have some kind
• 18:36
  Speaker 2: of life rules where you're trying to work towards them.
• 18:39
  Speaker 2: But do you know what, it's okay if you sometimes
• 18:41
  Speaker 2: fall off the bandwagon, it's impart of you.
• 18:43
  Speaker 5: Guys definitely fall off. Yeah, so I probably fall off
• 18:47
  Speaker 5: for a few weeks and then I recognize myself and
• 18:52
  Speaker 5: then I so often start again and so consistent and overtime,
• 18:56
  Speaker 5: consistently it is everything, absolutely every single week, like it
• 19:04
  Speaker 5: all does add up, and when you see the result
• 19:07
  Speaker 5: in your bank, like it drives you and keeps motivating me.
• 19:10
  Speaker 2: Yeah, totally. I want to keep this conversation going, but
• 19:13
  Speaker 2: we do have to take a quick break, so we'll
• 19:15
  Speaker 2: jump back into the questions in just a moment. Okay,
• 19:27
  Speaker 2: now we're back from the break, Tony, I feel like
• 19:29
  Speaker 2: we've got a golden opportunity here to ask some really
• 19:32
  Speaker 2: heavy questions about how influencers get paid because we see
• 19:36
  Speaker 2: all over Instagram paid or you know, paid sponsorship, That's
• 19:40
  Speaker 2: what I said, But we don't often get to see
• 19:42
  Speaker 2: how that happens, especially from someone who's just new to
• 19:45
  Speaker 2: the industry, Like, how do you crack into it? So
• 19:47
  Speaker 2: money diarist, how did you begin your influencer journey? Is
• 19:51
  Speaker 2: that what we're going to call it?
• 19:52
  Speaker 5: Oh? Yeah, influencer journey sounds accurate to me. So it's
• 19:58
  Speaker 5: quite interesting because I I started my Instagram account last
• 20:03
  Speaker 5: July so twenty twenty was during the pandemic. I was
• 20:08
  Speaker 5: on maternity leave with my little boy, Charlie, and I
• 20:13
  Speaker 5: hadn't gone back to work yet, so I was at
• 20:16
  Speaker 5: home and I was really kind of struggling with my identity,
• 20:22
  Speaker 5: like I was diagnosed with for partum depression, and so
• 20:26
  Speaker 5: I was very aware that I liked work and I
• 20:30
  Speaker 5: liked to be doing things for myself as well and
• 20:34
  Speaker 5: feeling like I'm being able to help other people. And
• 20:38
  Speaker 5: I developed very oral dermatitis also while I was on
• 20:42
  Speaker 5: maternity leave looking after my little boy, which I won.
• 20:46
  Speaker 5: I had never had it before. I didn't know what
• 20:47
  Speaker 5: it was. I thought it was like hormonal act basically,
• 20:50
  Speaker 5: if you don't know what it is, it's like all
• 20:52
  Speaker 5: these red, little dry bumps that go around your chin
• 20:57
  Speaker 5: up to your nose and even on the corner of
• 21:00
  Speaker 5: your eyes. And I didn't even know as a doctor
• 21:04
  Speaker 5: for Charlie and I was like, oh, can you look
• 21:07
  Speaker 5: at my face? And they were like, oh, it's Perry
• 21:09
  Speaker 5: old damitis. I was like, what is that? Never heard
• 21:13
  Speaker 5: of it before. I had to go away and do
• 21:14
  Speaker 5: all my research and I changed all my skin care.
• 21:18
  Speaker 5: And I had never been part of the skincare community
• 21:21
  Speaker 5: before getting very old dampires like that my own my
• 21:25
  Speaker 5: personal social media. I loved makeup, but I was not
• 21:29
  Speaker 5: spending a lot of time in that space. And I
• 21:31
  Speaker 5: just started my Instagram page basically to share my journey
• 21:36
  Speaker 5: after I was able to clear it, and like, what's
• 21:38
  Speaker 5: that process look like? Just from a personal point of view,
• 21:41
  Speaker 5: not to like be a doctor to anyone, but just
• 21:43
  Speaker 5: say this is what I had.
• 21:45
  Speaker 2: Yeah, and it sounds like you're an educated woman sharing
• 21:48
  Speaker 2: a journey, and like that's something that I don't know
• 21:50
  Speaker 2: if I was going through that, That's exactly what i'd
• 21:52
  Speaker 2: be looking for.
• 21:53
  Speaker 5: Well, that was it. Like when I had it, I
• 21:55
  Speaker 5: didn't know anyone else with it, and I just felt
• 21:58
  Speaker 5: so alone, and so I was like, oh, maybe this
• 22:00
  Speaker 5: will help one at least one person, and then just
• 22:03
  Speaker 5: started sharing all of the skincare that I was enjoying
• 22:07
  Speaker 5: and buying, and because at that stage I was just
• 22:10
  Speaker 5: I wasn't going to pay for anything. I was just
• 22:12
  Speaker 5: showing things that I had in my house with my
• 22:16
  Speaker 5: terrible photography back then because I didn't I didn't have
• 22:20
  Speaker 5: those skills, Like I've been in marketing for ten years
• 22:22
  Speaker 5: life from wright, but learning the Instagram world is completely
• 22:28
  Speaker 5: like a whole news side that I had to upskill myself.
• 22:31
  Speaker 5: And yeah, brands were like could just tell that I
• 22:34
  Speaker 5: had the authenticity and I wasn't filtered and basically everything
• 22:40
  Speaker 5: was unedited and it was like a real person that
• 22:44
  Speaker 5: was a mom going through skin issues and sharing things
• 22:47
  Speaker 5: that were working for her. And I guess that's been
• 22:51
  Speaker 5: a great thing for me because at the moment, brands
• 22:54
  Speaker 5: are looking exactly for people like me. So yeah, it's
• 22:58
  Speaker 5: been really good.
• 22:59
  Speaker 2: How good is that? And I feel like in twenty
• 23:01
  Speaker 2: twenty one, you know, Tony and I we have Instagram,
• 23:04
  Speaker 2: We're on it all the time, and I just can
• 23:07
  Speaker 2: see through brands campaigns that aren't exactly transparent. I can
• 23:11
  Speaker 2: see if it's not a wholesome, you know, really open conversation,
• 23:15
  Speaker 2: and I just it makes me, It gives me what
• 23:18
  Speaker 2: I call the eg Like it just makes me go
• 23:20
  Speaker 2: like I can't be bothered, Like I just want to
• 23:22
  Speaker 2: see real people doing real things and real reviews. And
• 23:26
  Speaker 2: you know, I've stretched into that space now too, and
• 23:29
  Speaker 2: I'm really grateful for it. It's a bit weird, isn't
• 23:31
  Speaker 2: it Influencing? Yeah, but I say no to ninety nine
• 23:35
  Speaker 2: percent of the story that comes through because it's just
• 23:38
  Speaker 2: it's not honest, it's not authentic, it's not what I
• 23:41
  Speaker 2: want to do. And you know, I do accept like
• 23:44
  Speaker 2: complimentary products only if I'm already using them or only
• 23:47
  Speaker 2: if I genuinely want to try them. And one of
• 23:49
  Speaker 2: my favorite skincare brands, Oh, I felt like I've made
• 23:52
  Speaker 2: it like I'm obsessed with I don't know if you know,
• 23:55
  Speaker 2: Aspect Skincare, but I post about them all the time.
• 23:58
  Speaker 2: And then because I was posting about them, they sent
• 24:00
  Speaker 2: me a couple of little prezzies and I was, honestly,
• 24:04
  Speaker 2: I was so grateful for it. So obviously I spoke
• 24:06
  Speaker 2: about them. But I feel like that makes me an influencer,
• 24:08
  Speaker 2: right Tony, I think so, Yeah, thank you. I was
• 24:11
  Speaker 2: very grateful for it. But just like you, I'm a
• 24:12
  Speaker 2: bit of a skincare fine. But I guess my question
• 24:16
  Speaker 2: is how did it start for you? Did someone just
• 24:18
  Speaker 2: slide into your DMS and offer you some product or
• 24:21
  Speaker 2: did you reach out to them or how does this
• 24:23
  Speaker 2: how does it kick off?
• 24:25
  Speaker 5: So to me, I was posting specifically about the products
• 24:29
  Speaker 5: that helped my parro old dermatitis, and so I was
• 24:34
  Speaker 5: using Mugu Biology skincare and Ultra Violet. And I think
• 24:38
  Speaker 5: that the brand just saw me tagging them and like
• 24:42
  Speaker 5: kind of responding to them and like they DM and
• 24:46
  Speaker 5: eventually Like Biology reached out to me and they said
• 24:49
  Speaker 5: that they would be happy to send me some products
• 24:54
  Speaker 5: and a disc out code to be able to use
• 24:58
  Speaker 5: with my audience. So I wasn't getting paid, but it
• 25:03
  Speaker 5: was like a test, I guess, like to see if
• 25:05
  Speaker 5: my audience was truly engaged. And so we did that
• 25:09
  Speaker 5: for six weeks and they had forty seven unique code
• 25:13
  Speaker 5: redemptions follow I had four hundred followers at this time.
• 25:19
  Speaker 5: I was a baby.
• 25:20
  Speaker 1: Oh my gosh, that conversion.
• 25:22
  Speaker 2: That's cool, that American's dream and what we care about.
• 25:26
  Speaker 2: Like obviously we have an Instagram account and whenever we
• 25:29
  Speaker 2: talk brands, they always ask what our engagement rate is.
• 25:33
  Speaker 2: Yours must be massive.
• 25:36
  Speaker 5: It is quite a good conversion. And I ended up
• 25:39
  Speaker 5: working with them for four and a half months and
• 25:42
  Speaker 5: I did two hundred and seventy eight conversions in that
• 25:45
  Speaker 5: time and over twenty thousand dollars in sales for und.
• 25:50
  Speaker 2: So good that I bet that stoked with you. So
• 25:53
  Speaker 2: to move a little bit away from the influencer stuff
• 25:56
  Speaker 2: for a minute, how have you budgeted to move to Canada?
• 25:59
  Speaker 2: How's that going to work? Especially you know you said
• 26:01
  Speaker 2: before that your husband is still studying and you're moving
• 26:04
  Speaker 2: for that. How's that all going? So?
• 26:09
  Speaker 5: Basically with budgets that we will be using most of
• 26:13
  Speaker 5: our savings. We did make Aditial an initial spreadsheet kind
• 26:18
  Speaker 5: of with all the past that we had to do
• 26:20
  Speaker 5: in order to move and the rough cost of what
• 26:24
  Speaker 5: we thought that would be, and we've kind of just
• 26:27
  Speaker 5: been sicking throughout to do lists. So and then we've
• 26:30
  Speaker 5: just created like a buffer amount in our savings that
• 26:33
  Speaker 5: we are not touching that we're just using for our
• 26:36
  Speaker 5: time over in Canada, because until we get his salary
• 26:41
  Speaker 5: over there, which is much lower than it is in
• 26:44
  Speaker 5: Australia being a training program, we won't have the income
• 26:50
  Speaker 5: that we have here. I've quit my job, as I said,
• 26:52
  Speaker 5: I was earning quite a bit of money, and now
• 26:55
  Speaker 5: the money that I'll be earning from my content and
• 26:58
  Speaker 5: influencing will really become our discretionary income at that point,
• 27:03
  Speaker 5: an opportunity to do more fun things while we're over there.
• 27:06
  Speaker 4: What was their number you guys came up with to
• 27:09
  Speaker 4: save that you would need to move over If you
• 27:12
  Speaker 4: don't mind me asking.
• 27:14
  Speaker 5: We said that we wanted to save one hundred thousand
• 27:17
  Speaker 5: dollars whole.
• 27:18
  Speaker 2: That is much more than I thought you were any
• 27:21
  Speaker 2: But what does that comprise of? How did you come
• 27:24
  Speaker 2: up with that budget? Because it kind of makes sense
• 27:26
  Speaker 2: given you're moving over there for your husband's training program,
• 27:29
  Speaker 2: which I'm assuming you know he's not going to be
• 27:31
  Speaker 2: earning that much. You have a young child, do a
• 27:34
  Speaker 2: lot to pay for you?
• 27:36
  Speaker 5: Yes, so we do have a young child who we
• 27:40
  Speaker 5: do want to go to childcare Cindy over there two
• 27:44
  Speaker 5: days a week. I'll be at home, and yes, I'll
• 27:47
  Speaker 5: be doing content work, but he adorees going to Kindy
• 27:50
  Speaker 5: and the socialization and what he's been learning. So I
• 27:52
  Speaker 5: definitely want to continue that for some kind of normalcy
• 27:55
  Speaker 5: while we're over there, and we don't get any subsidy,
• 27:58
  Speaker 5: so we need to have a lot of money for that.
• 28:02
  Speaker 5: Rents over there, yes, Rents over there is somewhere between
• 28:07
  Speaker 5: three to four thousand dollars a month, so room apartment. Yeah,
• 28:14
  Speaker 5: and then we also needed money for like flite for
• 28:17
  Speaker 5: these is we had to get Charlie like a passport.
• 28:20
  Speaker 5: We have like all of our storage costs because we
• 28:24
  Speaker 5: are coming back after a year, so we're paying for
• 28:27
  Speaker 5: everything to be in storage. We want to be able
• 28:32
  Speaker 5: to travel. It might just be within Canada, but we
• 28:35
  Speaker 5: want to be able to have money to do holidays
• 28:37
  Speaker 5: while we're over there.
• 28:38
  Speaker 2: Yeah, absolutely, and then.
• 28:39
  Speaker 1: We enjoy and then yeah.
• 28:42
  Speaker 5: Yeah. And the thing is that it might sound like
• 28:44
  Speaker 5: a lot of money, one hundred thousand dollars, but that
• 28:47
  Speaker 5: is money. Also, that is enough for when we come
• 28:50
  Speaker 5: back that I won't have a job besides content and
• 28:53
  Speaker 5: we'll have to buy a car.
• 28:54
  Speaker 2: Planned that far ahead like that makes planning.
• 28:57
  Speaker 5: For Yeah, it plans not only for the next year,
• 29:00
  Speaker 5: but the year after that. So really it's a two
• 29:03
  Speaker 5: year plan. And then after that we have zero dollars.
• 29:05
  Speaker 2: So gosh, I don't.
• 29:06
  Speaker 5: Ever want to be down at zero.
• 29:08
  Speaker 2: I'm sure the planning you do, you're not going to
• 29:11
  Speaker 2: get down to zero.
• 29:12
  Speaker 1: It definitely sounds like you're on about but I also.
• 29:15
  Speaker 5: Think it's a really important planner.
• 29:16
  Speaker 2: Yeah, and I also think it's really important to point
• 29:19
  Speaker 2: out that this isn't like you being twenty one moving
• 29:22
  Speaker 2: overseas for a couple of years to you know, find
• 29:25
  Speaker 2: your feet and you know, find out who you are.
• 29:27
  Speaker 2: You actually have a young family, You've got a husband
• 29:29
  Speaker 2: who's just finished this epics study and going to do
• 29:32
  Speaker 2: a year of residency, which is you know, going to
• 29:34
  Speaker 2: turbo charge his career hopefully. So it's kind of like
• 29:37
  Speaker 2: an investment into your own future. And that's why I'm
• 29:40
  Speaker 2: so pervy on people's savings goals, because you know, Tony,
• 29:44
  Speaker 2: if you'd said, hey, we're going to talk to someone
• 29:45
  Speaker 2: today who's saved one hundred thousand dollars, I'd be like,
• 29:48
  Speaker 2: is it for a house deposit?
• 29:50
  Speaker 5: Yeah?
• 29:50
  Speaker 1: Well that's what people save for now.
• 29:52
  Speaker 4: It's kind of like, oh, well, you can't do anything
• 29:55
  Speaker 4: that isn't saving for a house until you save for
• 29:57
  Speaker 4: a house.
• 29:57
  Speaker 1: Yeah, that has to be your first tipbox.
• 29:59
  Speaker 4: But I really like the way that you just put
• 30:01
  Speaker 4: that V like that it's an investment into your family
• 30:04
  Speaker 4: and your future, because I think people so often see
• 30:07
  Speaker 4: investment as purely dollars and cents, when an investment can
• 30:11
  Speaker 4: be so much more. You're investing into your relationship, your
• 30:14
  Speaker 4: memories for your son, you know, all of these things
• 30:17
  Speaker 4: that you're just not going to get in any other situation, like, hey,
• 30:20
  Speaker 4: you could buy a house right now, but oh my god,
• 30:21
  Speaker 4: you're going on this amazing adventure.
• 30:23
  Speaker 2: Yeah, and I think that investment is so much more right,
• 30:26
  Speaker 2: Like we invest in everything, and as you said before,
• 30:29
  Speaker 2: it's memories, Like it's also like mental health, Like that's
• 30:32
  Speaker 2: to make sure that you know, you don't go crazy
• 30:34
  Speaker 2: creeped up in another country away from your family and friends,
• 30:37
  Speaker 2: and you know, your son still gets to go to
• 30:39
  Speaker 2: KINDI and have a really good time. And yeah, I
• 30:42
  Speaker 2: just love that you've taken so much time and thought
• 30:44
  Speaker 2: to put into it, because yeah, it was a bit
• 30:45
  Speaker 2: shocked when you said one hundred thousand dollars, But that's.
• 30:48
  Speaker 1: Like such a long game. That makes sense.
• 30:51
  Speaker 5: Yeah, it makes It's a long game. Yeah. And also
• 30:54
  Speaker 5: I am Yeah, I'm thirty, and we're both in our
• 30:58
  Speaker 5: thirties and we have a young family. I'm sure we
• 31:01
  Speaker 5: could do it like a lot cheaper, but I am
• 31:05
  Speaker 5: at a point in my life I'm like, I want
• 31:06
  Speaker 5: to live as if I was living here. Yeah, And
• 31:09
  Speaker 5: so yeah, I know it's a lot of money, and
• 31:12
  Speaker 5: it won't all be spent while we're over there, but
• 31:14
  Speaker 5: that's everything. That's our emergency money. That's everything.
• 31:18
  Speaker 2: And hopefully your influencer work picks up and you know
• 31:22
  Speaker 2: you're able to actually just fund the rent each month
• 31:24
  Speaker 2: because three grand coming in that to rent covered my friend.
• 31:27
  Speaker 5: Wow, well, I've already had brands reach out to be
• 31:29
  Speaker 5: to send me stuff in my Canadian address.
• 31:32
  Speaker 1: Oh my gosh, that's so exciting.
• 31:34
  Speaker 5: I'm already forward working at the moment, like I have
• 31:37
  Speaker 5: an addressed whether sending up to already.
• 31:40
  Speaker 1: So she's asler. I love it.
• 31:42
  Speaker 2: I'm going to have the creepy stalk of you when
• 31:45
  Speaker 2: we're all to do. But for those of you following
• 31:47
  Speaker 2: along who also want to find our money diarist, are
• 31:51
  Speaker 2: you willing to share the dates?
• 31:54
  Speaker 5: Yes? You can find me on Instagram. My handle is
• 31:58
  Speaker 5: Amanda's Cute.
• 31:59
  Speaker 2: Space, Amanda's Cute Face.
• 32:02
  Speaker 5: Yeah.
• 32:02
  Speaker 2: Oh I love that.
• 32:03
  Speaker 1: That's so sweet.
• 32:05
  Speaker 2: I'm going to go follow you now. I'm very excited
• 32:07
  Speaker 2: to see your content, and to be honest, I kind
• 32:09
  Speaker 2: of feel like we're discovering someone before they're popular. So
• 32:12
  Speaker 2: if we all go follow her, we can be like yeah,
• 32:13
  Speaker 2: well we were following her.
• 32:14
  Speaker 1: Oh my god, follow Amanda. We followed her when she
• 32:17
  Speaker 1: lived in Australia.
• 32:18
  Speaker 2: She wasn't even verified when I started following her. That's
• 32:22
  Speaker 2: what we're all going to say. Anyway.
• 32:23
  Speaker 1: I think we're done here. We're done here, Money.
• 32:25
  Speaker 2: Diarist, Yes, all right, all right, let's go. I think
• 32:31
  Speaker 2: we've got a million things to do and we will
• 32:33
  Speaker 2: not keep you any longer of it. Thank you so
• 32:35
  Speaker 2: much for joining us. We really really appreciate it.
• 32:39
  Speaker 5: Thank you for having me.
• 32:40
  Speaker 2: And as always, just before we head off, we'd like
• 32:43
  Speaker 2: to acknowledge and pay respect to Australia's aboriginal and tourist
• 32:46
  Speaker 2: rate island of Peoples. They're the traditional custodians of the lands,
• 32:50
  Speaker 2: the waterways and the skies all across Australia. Well, thank
• 32:53
  Speaker 2: you for sharing and for caring for the land on
• 32:55
  Speaker 2: which we are able to learn. We pay our respects
• 32:58
  Speaker 2: to elders past and present, and we share we are
• 33:00
  Speaker 2: our friendship and our kindness.
• 33:02
  Speaker 3: The advice shared on She's on the Money is general
• 33:04
  Speaker 3: in nature and does not consider your individual circumstances. She's
• 33:08
  Speaker 3: on the Money exists purely for educational purposes and should
• 33:11
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• 33:15
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• 33:19
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• 33:23
  Speaker 3: three two four six three two five seven AFSL three
• 33:27
  Speaker 3: three nine one five one And don't forget.
• 33:29
  Speaker 2: You can always join the conversation with the She's on
• 33:31
  Speaker 2: the Money team. Literally at any time of the day
• 33:33
  Speaker 2: or night at She's on the money AUS on literally
• 33:36
  Speaker 2: all social media.
• 33:37
  Speaker 1: We're everywhere.
• 33:38
  Speaker 3: Were literally all lost breading out tentacles through the Internet.
• 33:42
  Speaker 2: We are spammy and we love it. Now we're not spamy.
• 33:45
  Speaker 2: We just talk about educational stuff.
• 33:46
  Speaker 1: And we just push it. Yeah, passionately.
• 33:48
  Speaker 2: We're very excited people. We'll see you next week.