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Dropped Out of Uni Three Times… and Now Earns $140K Without a Degree · She's On The Money

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  Speaker 1: My name's Tatasha Bamblet. I'm a proud First Nations woman
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  Speaker 1: and I'm here to acknowledge country. Te Glenn Young Ganya
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  Speaker 1: Niana Kaka yah Ya binahwaka nian our gay in Mbini
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  Speaker 1: yakarum jar doumayagumika umaga ihowaka nile Waman damon immalan wummabang
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  Speaker 1: gadabomba in and now in waka ghana on yakarrum jar watanadaa. Hello,
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  Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.
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  Speaker 1: We thank acknowledge and respect the Abiginal people's land that
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  Speaker 1: we're gathering on today. Take pleasure in all the land
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  Speaker 1: and respect all that you see. She's on the Money
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  Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,
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  Speaker 1: knowledge and resources for you to thrive.
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  Speaker 2: She's on the Money.
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  Speaker 3: She's on the Money. Hello, and welcome to She's on
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  Speaker 3: the Money. The podcast lets you be pervy about other
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  Speaker 3: people's money stories educational purposes of course. Welcome back to
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  Speaker 3: another So one of our money diary is brought to
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  Speaker 3: you by our friends at Sky Wealth, where I get
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  Speaker 3: the absolute privilege of sitting down with one of our
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  Speaker 3: incredible She's on the Money community members and talking all
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  Speaker 3: about their journey. Let's jump straight into it, because this
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  Speaker 3: week I got an email and it sounded exactly like this, dear,
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  Speaker 3: She's on the Money. I started UNI three times and
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  Speaker 3: dropped out each time without finishing. I was working in
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  Speaker 3: retail and I got promoted to management, getting paid minimum wage.
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  Speaker 3: I was working fifty hours, thinking that was it for
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  Speaker 3: me and all I was worth without a degree. I
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  Speaker 3: met my defense husband, had a baby, and relocated, went
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  Speaker 3: to a new workplace with a new leader who changed
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  Speaker 3: my trajectory. It's been five years. My partner's left defense
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  Speaker 3: and become a mature age apprentice, and I've been promoted,
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  Speaker 3: tripled my income, had another baby, and we just bought
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  Speaker 3: our second house. Money diarist, I feel like that's not
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  Speaker 3: just relatable, but like it makes my heart hurt.
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  Speaker 2: What do you mean?
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  Speaker 3: I was working fifty hours a week and I just
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  Speaker 3: thought that's all I'm worth without a degree. That makes
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  Speaker 3: my heart hurt? Like does it make you upset looking back,
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  Speaker 3: being like, oh my god, she deserved so much more.
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  Speaker 4: Maybe not upset now. I think it's more proud of
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  Speaker 4: where I've come from.
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  Speaker 2: So it's a little bit sad.
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  Speaker 4: I suppose that those feelings were there and that's all
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  Speaker 4: I thought I was worth. However, I couldn't be proud
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  Speaker 4: of what I've achieved now exactly. I look at the
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  Speaker 4: leadership that I've had and how that's changed my life,
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  Speaker 4: and if anything, that just shows me how I would like.
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  Speaker 2: To be a leader of other people.
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  Speaker 3: I'm obsessed. All right, let's start this money diary. Every
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  Speaker 3: time I have a diarist on the show, I always
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  Speaker 3: ask them the same question to begin money diarist. If
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  Speaker 3: I asked you to give yourself a money grade from
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  Speaker 3: A three to F, what would that grade be?
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  Speaker 2: Right now?
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  Speaker 4: I would give it probably a B minus. A few
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  Speaker 4: years ago I would have absolutely.
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  Speaker 3: Said a Okay, I'm excited to learn a little bit more,
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  Speaker 3: So tell me give me a little bit more on
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  Speaker 3: your money story and the things that have impacted it.
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  Speaker 4: I've always been interested in money, so my dad has
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  Speaker 4: always had his own businesses in different sort of industries.
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  Speaker 2: I've always sort of been.
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  Speaker 4: That kid, you know, daddy's little girl, sitting on the
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  Speaker 4: couch talking about his turnover and his profit and oh
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  Speaker 4: my god, you know, part of that was also wondering,
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  Speaker 4: you know, what kind of mood he was in if
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  Speaker 4: I was going to get some extra cash to go
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  Speaker 4: to the movies or something that weekend.
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  Speaker 3: But this is good, Yeah, I mean there's got to
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  Speaker 3: be something in it for you to be asking those questions.
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  Speaker 4: But I've always been really interested, and I guess that's
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  Speaker 4: sort of we've bonded a little bit. And ever since
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  Speaker 4: I had it my first job, like, he's always drummed
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  Speaker 4: it into us. Do you know, say fifty percent of
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  Speaker 4: it and you know, oh, do you really want to
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  Speaker 4: buy that? Because you've had to work an hour to
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  Speaker 4: get that. So maybe really bought that structure in early
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  Speaker 4: of appreciating the value of a dollar.
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  Speaker 3: Yeah, love, So tell me a bit more about you personally.
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  Speaker 3: What do you do for work and how much money
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  Speaker 3: do you earn?
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  Speaker 4: I am currently working as a HR manager. I am
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  Speaker 4: currently on one hundred and forty thousand dollars.
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  Speaker 3: A year, including or plus super plus super stop it.
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  Speaker 3: And sorry, we have a degree?
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  Speaker 2: No degree, and you don't need one?
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  Speaker 3: No, no, absolutely not exactly did you ever think that
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  Speaker 3: you would be able to say, oh I own one.
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  Speaker 2: Forty absolutely not.
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  Speaker 4: Never in a million years would I have thought that
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  Speaker 4: this is where I would have been at from where
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  Speaker 4: I was five years ago.
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  Speaker 3: That's honestly, like not a crazy amount of money, a
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  Speaker 3: really nice amount of money, but like just knowing your growth,
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  Speaker 3: like that's crazy and I love it for you? Is
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  Speaker 3: this something like this amount of money something you're like, yeah,
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  Speaker 3: this is the most amount of money, Like it feels
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  Speaker 3: like we're super rich or do you feel like you've
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  Speaker 3: now kind of like caught up and just life is expensive?
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  Speaker 3: Like what's this salary mean for your lifestyle?
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  Speaker 2: Yeah?
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  Speaker 4: Look, I think five years ago I would have looked
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  Speaker 4: at one forty and thought that that was a massive
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  Speaker 4: amount of money, And you know, I've made it now
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  Speaker 4: with the cost of everything, it really doesn't go as
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  Speaker 4: far as it would have five years ago, especially when
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  Speaker 4: you are looking at buying houses.
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  Speaker 3: Yeah, one hundred percent. And I don't mean that in
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  Speaker 3: a like, oh I know way, but more in a ah,
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  Speaker 3: I know way, because it's just life is hard and
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  Speaker 3: so expensive, and like you're right, five years ago, one
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  Speaker 3: hundred and forty thousand dollars like, holy snapinduts, you would
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  Speaker 3: have so much money left over. But right now I
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  Speaker 3: feel like everyone is just feeling the pinch. It doesn't
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  Speaker 3: really matter how much you earn. We're all just struggling. Yeah, yeah, absolutely,
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  Speaker 3: So what kind of big money goals have you got?
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  Speaker 3: What are you currently working towards?
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  Speaker 4: Like I mentioned in my submission, we did just buy
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  Speaker 4: a house, so we are really hoping that we will
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  Speaker 4: be able to put a pool in. So that's what
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  Speaker 4: I would like to say for at the moment.
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  Speaker 3: Cool, and have you done any research into what a
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  Speaker 3: pool is going to cost and what that might look like?
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  Speaker 2: Yes, we have gotten four quotes. Oh you're at.
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  Speaker 3: Quoting stage, so you're like fully serious about pool.
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  Speaker 4: Yeah, I really want to know what what do I
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  Speaker 4: need to work towards them?
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  Speaker 2: What's my target to How am I going to get there?
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  Speaker 3: Yeah? Fair? And talk to me about what money goals
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  Speaker 3: have looked like throughout your life, because I feel like
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  Speaker 3: the money diary that you wrote in with is so relatable,
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  Speaker 3: Like worked in retail. You know you'd started UNI three
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  Speaker 3: times dropped out. Can you tell me maybe a little
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  Speaker 3: bit more about what did you start union three different times?
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  Speaker 3: And why did you drop out? And what did that mean?
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  Speaker 3: I guess for your self confidence and for your career.
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  Speaker 4: I started in a Bachelor of Business majoring in tourism,
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  Speaker 4: leis and Events. Then I actually met my ex boyfriend
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  Speaker 4: and relocated to pursue their obviously career goals and their university.
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  Speaker 4: Then I started working, got the promotion in my retail
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  Speaker 4: job and kind of was like, oh, you know what,
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  Speaker 4: I actually don't need a degree because I am working
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  Speaker 4: my way up.
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  Speaker 2: This is what I'm working towards.
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  Speaker 4: And I did get a promotion into a management role
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  Speaker 4: and figured I would be able to do that. Then
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  Speaker 4: as I was maybe getting further along, and you know,
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  Speaker 4: I've always had a very strong work ethic and I've
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  Speaker 4: always worked hard to achieve what I need to achieve
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  Speaker 4: and be self sufficient in any role that I've had.
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  Speaker 2: Maybe when I wasn't quite as happy in the role,
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  Speaker 2: I was like, you know what, I need to go
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  Speaker 2: start my degree again and.
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  Speaker 4: Work on a bigger picture career goal. Then started again,
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  Speaker 4: just hated it. I'm just I guess I'm not a
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  Speaker 4: commit to studying kind of person. And then I actually
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  Speaker 4: felt pregnant, and so when I felt pregnant, I was like,
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  Speaker 4: you know what, No, this is this is the time
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  Speaker 4: I am going to finish it now, Like I'm going
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  Speaker 4: to be on maternity leave. I'm going to have time
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  Speaker 4: to do my studies and commit to it. I think
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  Speaker 4: I was about eight months pregnant when I did my
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  Speaker 4: last exam.
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  Speaker 3: Oh my goodness.
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  Speaker 2: I did it maybe.
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  Speaker 4: Another two subjects whilst I had the baby, and then
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  Speaker 4: I just hate it. I just couldn't finish it. I
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  Speaker 4: just hated studying. I just every time I read something,
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  Speaker 4: I was like, oh, no, like this is boring, I
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  Speaker 4: can't focus on this. And yeah, I just kept going
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  Speaker 4: on with my work.
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  Speaker 3: Not for you, not for me, not for you, And
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  Speaker 3: you know what, it doesn't have to be for people.
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  Speaker 3: I think that there is such a misconception that to
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  Speaker 3: get a good job and earn good money you need
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  Speaker 3: to go to UNI, and it's just not true. Like,
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  Speaker 3: don't get me wrong, if you look at me, Yes,
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  Speaker 3: the reason why I'm in the position I mean is
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  Speaker 3: because I went to UNI. Because you can't work in
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  Speaker 3: finance without that type of degree, but you can work
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  Speaker 3: parallel to finance, Like it doesn't stop people entering specific industries.
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  Speaker 3: And I think there's this really big misconception, like you
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  Speaker 3: currently work in HR. I think people like, no, you
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  Speaker 3: would need a HR degree, No, you don't. Yes, it
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  Speaker 3: makes the door open a little bit wider from the start,
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  Speaker 3: but it doesn't mean you can't get in there. It
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  Speaker 3: doesn't mean that you're not the right fit, and it
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  Speaker 3: doesn't mean you can't earn good, good money.
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  Speaker 2: Absolutely, which I love for you.
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  Speaker 4: Yeah, and I guess how that door opened for me
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  Speaker 4: without having a degree was the leader that I met
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  Speaker 4: at the time.
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  Speaker 3: So tell me a bit more about this, because I
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  Speaker 3: feel like sometimes all it takes is crossing paths with
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  Speaker 3: somebody who believes in you, somebody who's like Nasi, the
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  Speaker 3: potential money darist. I think that you could absolutely do that.
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  Speaker 3: You said, you know, met this leader or he met
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  Speaker 3: this person that changed my trajectory. What did they do
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  Speaker 3: that made it so powerful for you?
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  Speaker 4: I guess they themselves are quite motivational. At the time,
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  Speaker 4: so my husband and I we relocated. We'd had our baby.
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  Speaker 2: I was going to get out of the industry.
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  Speaker 4: I was honestly looking for something totally different, not retail.
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  Speaker 4: Let's see what else I can do. It took a
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  Speaker 4: little bit longer than I thought, so I took an
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  Speaker 4: opportunity got the role. He actually started at the place
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  Speaker 4: of work about two weeks later, and I guess I
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  Speaker 4: was just having conversations with him, and I was talking
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  Speaker 4: to him about his vision and his ideas and you know,
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  Speaker 4: business ideas and creativity and things like that. So and
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  Speaker 4: not that I hadn't had those conversations before. I guess
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  Speaker 4: it was having the person to actually identify something in you,
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  Speaker 4: to see that potential. And he just worked with me
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  Speaker 4: so gave me opportunities for different courses. So I think
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  Speaker 4: for me, maybe in degrees not it, but I can
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  Speaker 4: commit to short courses and I could to you know,
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  Speaker 4: leadership courses and development courses and all of that. And
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  Speaker 4: he just opened those doors for me. He I supposed
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  Speaker 4: in a way mentored me, guided me in certain avenues
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  Speaker 4: and changed my vision around leadership management. Yeah, just his
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  Speaker 4: whole vision and how positive and motivating he was. It
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  Speaker 4: just it makes you want to be better.
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  Speaker 3: I love that, I really do. But what made you
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  Speaker 3: see better? Because obviously he could open all the doors,
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  Speaker 3: like I'm sure you could do that for anyone, but
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  Speaker 3: for someone to then go, no, I do see the
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  Speaker 3: potentially myself as well. Was there like a light bulb
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  Speaker 3: moment or a switch or something that happened or was
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  Speaker 3: it just like, oh, no, you're right.
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  Speaker 4: To be honest, the lightbulb moments probably only come to
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  Speaker 4: me very recently. I think for the last five years
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  Speaker 4: or four years now, I probably had a lot of
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  Speaker 4: imposter syndrome. So he saw this potential in me, and
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  Speaker 4: I've asked him multiple times with why me, why do
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  Speaker 4: you think that I can do this? Because I don't
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  Speaker 4: feel like I know enough or I should have a degree,
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  Speaker 4: or there's so much more I need to learn to
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  Speaker 4: be good at this, and he just always I suppose
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  Speaker 4: that reassurance. I guess that no, like other people can't
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  Speaker 4: do this, or if they can, but they can't do
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  Speaker 4: it like you or your approach to it, or just
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  Speaker 4: that guidance I guess.
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  Speaker 3: To kind of shake you a little bit and be like, babe,
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  Speaker 3: even yourself.
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  Speaker 4: Like yeah, and I was actually in a very hands
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  Speaker 4: on operational role. And then the opportunity for HR came.
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  Speaker 2: Up, and he's like, you would be perfect to do this.
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  Speaker 3: How good's that?
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  Speaker 2: Yeah? I love that.
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  Speaker 3: I'm so excited for you. All Right, let's go to
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  Speaker 3: a really quick break because on the flip side, I
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  Speaker 3: want to know more about this house, more about your investments,
• 11:22
  Speaker 3: more about the pool, plans, so guys don't go anywhere
• 11:29
  Speaker 3: money drivest. We are back, and before I get into
• 11:32
  Speaker 3: whether you invest in what in, let's talk a little
• 11:35
  Speaker 3: bit more about imposter syndrome because I feel like I
• 11:38
  Speaker 3: still struggle with this, and it's something that so many
• 11:41
  Speaker 3: people in our communities struggle with. How has imposter syndrome
• 11:47
  Speaker 3: played into the ways that you maybe have or haven't
• 11:50
  Speaker 3: harnessed opportunities.
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  Speaker 4: I think I always harness the opportunities that are presented
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  Speaker 4: to me. However, it gives me a lot of anxiety,
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  Speaker 4: so I think everything. I ask, are you sure I
• 12:02
  Speaker 4: should be doing this?
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  Speaker 2: No, I can't do this. I don't know enough.
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  Speaker 4: There's someone's definitely better than me. But I guess for
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  Speaker 4: me personally, I just having that person that does so
• 12:13
  Speaker 4: genuinely and wholeheartedly believe that you are the right person
• 12:15
  Speaker 4: and that you can do it, regardless of you know,
• 12:18
  Speaker 4: what your university status is. It just yeah, it helps
• 12:22
  Speaker 4: you believe in yourself to keep going and that you
• 12:24
  Speaker 4: know you are the right person to do it.
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  Speaker 3: It's crazy because when I was younger, I obviously suffered
• 12:29
  Speaker 3: a lot from imposter syndrome. But I feel like I
• 12:32
  Speaker 3: don't know where it came from. I don't know whose
• 12:34
  Speaker 3: audacity I borrowed, but I was like, I'm going to
• 12:37
  Speaker 3: do it anyway. I'm just going to do it anyway
• 12:39
  Speaker 3: and see what happens. Yeah, And I thought that that
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  Speaker 3: feeling over time would wear off, Like surely the more
• 12:46
  Speaker 3: you do it, the more you're like, no, these are
• 12:48
  Speaker 3: the rooms I should be in. No, I absolutely deserve
• 12:51
  Speaker 3: to do it. I still don't get it. I still
• 12:54
  Speaker 3: am like, oh my god, Like I've been invited to
• 12:57
  Speaker 3: an event next week and I am cacking my dak
• 13:00
  Speaker 3: because I've been told who else is on the panel,
• 13:02
  Speaker 3: and I'm like, oh no, Like maybe I should back
• 13:04
  Speaker 3: out because I'm going to fumble this, Like I'm going
• 13:06
  Speaker 3: to look like an idiot. I'm so scared to meet them.
• 13:09
  Speaker 3: Like it's just kinda crazy, but I think so important
• 13:13
  Speaker 3: to talk about Babe. It never goes away. You're still
• 13:15
  Speaker 3: always going to question yourself. You just have to push
• 13:18
  Speaker 3: past it because that's the way everybody else feels too.
• 13:23
  Speaker 3: And like, I'm not that unique, I'm not that on
• 13:25
  Speaker 3: my own. I'm not the only one who's questioning myself.
• 13:28
  Speaker 3: And I think the more we talk about it, it's
• 13:29
  Speaker 3: like that's pretty silly, though, isn't it. Money? Dirist like
• 13:32
  Speaker 3: you are actually really capable and really competent. And I
• 13:35
  Speaker 3: think that if you are questioning yourself, that's actually a
• 13:39
  Speaker 3: really good character sign that maybe you are the right
• 13:41
  Speaker 3: person for the job. Because you've got a good level
• 13:44
  Speaker 3: of self reflection, you're able to be like, oh, I
• 13:47
  Speaker 3: would love to be more educated in this space, Like
• 13:49
  Speaker 3: you can see things really critically. I promise dumber people
• 13:52
  Speaker 3: are doing better things because they're deluded. We can join
• 13:56
  Speaker 3: in too.
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  Speaker 4: I kind of had that vibe when I had my
• 14:00
  Speaker 4: baby and I was I remember my husband and I
• 14:03
  Speaker 4: changing his nappy and you were like, you know they
• 14:05
  Speaker 4: how did the hospital just let you go home with
• 14:07
  Speaker 4: these babies without any instructions of how.
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  Speaker 2: To kick them alive?
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  Speaker 3: No license now?
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  Speaker 4: And I was like, you know, criminals can do this,
• 14:13
  Speaker 4: you know, serial killers can raise babies, or maybe not
• 14:16
  Speaker 4: raise babies, but they can.
• 14:18
  Speaker 3: Not well, but they have they can kick them alive,
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  Speaker 3: So can I Exactly, Like, I genuinely think we just
• 14:24
  Speaker 3: need to borrow some male audacity and be like, you
• 14:27
  Speaker 3: know what, I'm just going to do it anyway. I
• 14:29
  Speaker 3: agree it makes you better, exactly talk to me about investing.
• 14:32
  Speaker 3: What do you invest in if anything? If not, what
• 14:35
  Speaker 3: are your thoughts on an investment?
• 14:36
  Speaker 2: Everything? Just started investing in cheers.
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  Speaker 3: EA's good girl. I love this for us.
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  Speaker 4: I probably started at the start of last year. I
• 14:46
  Speaker 4: would say I currently have about five nine hundred in there.
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  Speaker 3: Hey, that's good.
• 14:51
  Speaker 2: Yes, there's not really any strategy.
• 14:54
  Speaker 3: We don't need strategy yet. We just started.
• 14:57
  Speaker 4: Apart from listening to She's on the Money, and I
• 15:00
  Speaker 4: listen to you know what other people investing in, I
• 15:03
  Speaker 4: was like, yeah, that sounds good. Ye. When I first started,
• 15:05
  Speaker 4: I've got about twenty five things in there that about
• 15:08
  Speaker 4: fifteen of them have about ten dollars in that.
• 15:10
  Speaker 3: But that's okay. We're just learning, we're testing, we're seeing
• 15:13
  Speaker 3: what we like, and I think that's important at the beginning.
• 15:15
  Speaker 4: Yeah, and then the other ones, obviously at the main ones.
• 15:18
  Speaker 4: I guess like that I always hear about which is
• 15:20
  Speaker 4: the vanguard, that's one that I sort of put most
• 15:22
  Speaker 4: of the money into.
• 15:23
  Speaker 3: I feel like that's very relatable. But we want to
• 15:26
  Speaker 3: test the waters and like hold a few different things
• 15:29
  Speaker 3: and just see how we go. Like, I want the
• 15:32
  Speaker 3: process to be enjoyable as well, because I'm sorry, but
• 15:35
  Speaker 3: you're going to have to be at it for a
• 15:36
  Speaker 3: really long time, so let's make sure that it is
• 15:39
  Speaker 3: as interesting as possible.
• 15:42
  Speaker 4: I mean, my thirty dollars at Disneyland. We just don't
• 15:44
  Speaker 4: know where that will.
• 15:44
  Speaker 3: Go, right, I don't know, but I love that we're
• 15:47
  Speaker 3: investing in Magic.
• 15:49
  Speaker 2: Absolutely see perfect.
• 15:51
  Speaker 3: Tell me a bit more about your Super. You've obviously
• 15:53
  Speaker 3: worked some very long hours and very very hard. What's
• 15:58
  Speaker 3: that looking like.
• 15:59
  Speaker 4: I currently have one hundred and fifteen thousand in Super?
• 16:02
  Speaker 3: Okay, and how old did you say you were?
• 16:04
  Speaker 2: I'm thirty three. Stop.
• 16:06
  Speaker 3: That's so good. That is so good. And do you
• 16:09
  Speaker 3: have a strategy around Super or are you like girl?
• 16:12
  Speaker 3: My strategy is just doing what I'm doing because it's
• 16:14
  Speaker 3: clearly working, not really a strategy.
• 16:16
  Speaker 4: I did salary sacrifice about one hundred and fifty dollars
• 16:19
  Speaker 4: a week.
• 16:19
  Speaker 2: Into my Super for most of last year.
• 16:22
  Speaker 3: I love this.
• 16:23
  Speaker 2: However, when we were looking to purchase a house, I
• 16:25
  Speaker 2: stopped it just to re stop that sue money.
• 16:29
  Speaker 3: Yeah, yep, that makes sense because we have got bigger
• 16:31
  Speaker 3: priorities and that releases a little bit of cash flow
• 16:35
  Speaker 3: that would have been good. Tell me about your house
• 16:36
  Speaker 3: purchase because I want to talk about debts. But you
• 16:40
  Speaker 3: bought your house. Yep, that's so exciting.
• 16:43
  Speaker 4: Yeah, we must been about twenty four when we bought
• 16:45
  Speaker 4: our first house up North. Babies, yes, very much, babies.
• 16:48
  Speaker 4: And so we bought it for three hundred thousand.
• 16:50
  Speaker 3: Stop, you can't buy property for that anymore, like, go
• 16:53
  Speaker 3: on other days and you're still basically a child, like
• 16:55
  Speaker 3: you're only in your thirties, like and go one of
• 16:58
  Speaker 3: the days that we see that anymore.
• 17:00
  Speaker 4: Absolutely, And so you know, obviously it was a good investment,
• 17:03
  Speaker 4: but to purchase this house, we were hoping we could
• 17:06
  Speaker 4: keep it as a longer term investment. But with the
• 17:10
  Speaker 4: prices of property now we do have two kids, and
• 17:14
  Speaker 4: having that loan and an equity loan and then a
• 17:18
  Speaker 4: second mortgage for this house just felt just a bit much.
• 17:21
  Speaker 4: It felt a bit too overwhelming. So we did choose
• 17:23
  Speaker 4: to sell our property up North last year and then
• 17:27
  Speaker 4: to use that money that we made as a profit
• 17:29
  Speaker 4: to buy our next house.
• 17:31
  Speaker 3: Yeah, very cool. So tell me about this next house.
• 17:34
  Speaker 3: How much did it cost? How much of a deposit
• 17:36
  Speaker 3: did you have?
• 17:37
  Speaker 2: It cost a million and sixty.
• 17:38
  Speaker 3: Oh okay, big dog, that's a seven figure property.
• 17:42
  Speaker 2: Hmm. But that's a bit overwhelming too.
• 17:44
  Speaker 3: When we were doing it, yeah, and I talked to
• 17:48
  Speaker 3: a lot of obviously first home buyers and next home buyers,
• 17:51
  Speaker 3: and there seems to be this mental block around a
• 17:54
  Speaker 3: million dollars because all of us, especially those that are
• 17:58
  Speaker 3: buying houses at the moment, we know, like I think
• 18:00
  Speaker 3: everybody knows that the average price of a house in
• 18:04
  Speaker 3: Melbourne and Sydney is currently a million dollars. You don't
• 18:06
  Speaker 3: live in either of those places, so it's usually a
• 18:08
  Speaker 3: bit less. So I'm assuming you've got a nice, ygh house.
• 18:12
  Speaker 3: We're know it's the average, but seven figures of debt
• 18:15
  Speaker 3: sounds astronomical, Like it makes you go nah nah. When
• 18:18
  Speaker 3: I was little, a million dollar house that was crazy mansion.
• 18:22
  Speaker 2: Yeah, absolutely, it was.
• 18:24
  Speaker 4: Even comparing it to purchasing our four bedroom Tuba.
• 18:28
  Speaker 3: Through three hundred thousand dollars.
• 18:30
  Speaker 2: Three hundred thousand was like, this is wild.
• 18:32
  Speaker 3: It's crazy, and you decided that was the right thing
• 18:35
  Speaker 3: for you. What type of deposit did you have?
• 18:37
  Speaker 4: So we made about three hundred and fifty thousand off
• 18:40
  Speaker 4: the house. Well, actually probably a bit more because we
• 18:43
  Speaker 4: obviously didn't still owe three hundred thousand on it.
• 18:46
  Speaker 3: Sorry, you bought it for three hundred and then it
• 18:48
  Speaker 3: was worth what when you sold it?
• 18:49
  Speaker 2: We sold it for six forty stop.
• 18:53
  Speaker 3: That's so good. I would call that a money win.
• 18:56
  Speaker 4: Yes, absolutely a money win. It would have been great
• 18:59
  Speaker 4: to hold on to it, however, Yeah, it's definitely not
• 19:02
  Speaker 4: upsetting to make that kind of a profit on it
• 19:05
  Speaker 4: in about six years.
• 19:06
  Speaker 3: No, and then to be able to use it as
• 19:07
  Speaker 3: equity driving into your dream family home. Like I'm sure
• 19:11
  Speaker 3: when you purchased that house you were like, yep, this
• 19:13
  Speaker 3: is great, we're purchasing this for the X y Z reasons.
• 19:16
  Speaker 3: But I doubt you would have assumed that within that
• 19:19
  Speaker 3: period of time it would double in value, Like, absolutely not,
• 19:22
  Speaker 3: otherwise everyone would have been purchasing in that area.
• 19:25
  Speaker 2: Yeah.
• 19:25
  Speaker 3: Absolutely, So you bought that house you've just recently moved
• 19:28
  Speaker 3: in yea in the last four months. Yeah, are you
• 19:30
  Speaker 3: having to spend a fairbe on furnishing the house because
• 19:32
  Speaker 3: there's somebody who also bought and moved into a house
• 19:35
  Speaker 3: about four months ago. I feel like I'm consistently shopping
• 19:39
  Speaker 3: at the moment.
• 19:40
  Speaker 4: Yes, that has certainly taken a hit on our savings
• 19:44
  Speaker 4: because we were renting for the last few years while
• 19:46
  Speaker 4: we were sort of sorting out our careers and where
• 19:50
  Speaker 4: we wanted to live. So we've been renting and we
• 19:52
  Speaker 4: hadn't really updated our furniture at all in that time.
• 19:55
  Speaker 4: And so you're buying our family home now that is
• 19:58
  Speaker 4: going to.
• 19:58
  Speaker 2: Be our forever home.
• 19:59
  Speaker 4: It's been a big siting getting to actually buy a
• 20:01
  Speaker 4: new furniture and make it match the house to what
• 20:04
  Speaker 4: we want.
• 20:04
  Speaker 2: It to be.
• 20:05
  Speaker 3: Yeah, it's also so much more expensive than I had
• 20:08
  Speaker 3: in my head. Like we moved in and I said
• 20:11
  Speaker 3: to my husband, do you know what, We're not silly, like,
• 20:13
  Speaker 3: let's not buy all new furniture because that's ridiculous, Like
• 20:17
  Speaker 3: we will just pick up pieces over time and slowly
• 20:20
  Speaker 3: build our like forever home. No, not in Victoria's brain.
• 20:24
  Speaker 3: I'm already on Pinterest. I'm already looking at new dining tables.
• 20:27
  Speaker 3: The dining table we have, honestly is way too small
• 20:30
  Speaker 3: for the space. But I keep googling why a dining
• 20:33
  Speaker 3: table is so expensive? Like it's astronomical.
• 20:36
  Speaker 2: Yeah, it is wild at the cost of furniture.
• 20:39
  Speaker 4: And if didn't you see the matching item, Oh honey.
• 20:41
  Speaker 3: That Yeah, it needs to go together. And the one
• 20:44
  Speaker 3: thing that I think has shocked me the most is
• 20:47
  Speaker 3: how expensive dining chairs are individually.
• 20:50
  Speaker 2: Yes, or a buffet?
• 20:51
  Speaker 3: Yeah, what is that about?
• 20:53
  Speaker 2: Table?
• 20:53
  Speaker 3: What is that about?
• 20:55
  Speaker 2: Cray? So rude?
• 20:57
  Speaker 3: So talk to me about debt. I hope if you're
• 21:00
  Speaker 3: not going into any debt for the furniture that we
• 21:02
  Speaker 3: are romanticizing. But tell me a bit more about your debt.
• 21:05
  Speaker 4: So we don't currently have any debt apart from the mortgage,
• 21:08
  Speaker 4: which is good.
• 21:08
  Speaker 3: And what's your mortgage sitting at It's.
• 21:10
  Speaker 2: Now sitting about eight thirty.
• 21:11
  Speaker 3: See, there we go. That's not seven figures. That feels
• 21:14
  Speaker 3: a little bit more palatable, you could say.
• 21:17
  Speaker 4: Yeah, so we're very lucky with the money that we
• 21:19
  Speaker 4: made off the sale of our other house.
• 21:21
  Speaker 3: No, it wasn't luck. That is not luck, that is strategy.
• 21:24
  Speaker 4: Well, we're very good with our strategy of the money
• 21:28
  Speaker 4: that we sold off the house. And I did have
• 21:30
  Speaker 4: a car loan, so we did use the money to
• 21:32
  Speaker 4: pay off that car loan as a deposit and then
• 21:36
  Speaker 4: still having a decent buffer in there to courgause new
• 21:39
  Speaker 4: furniture and still leave ourselves with a bit of money
• 21:42
  Speaker 4: in the bank, which is nice.
• 21:43
  Speaker 2: When you have a big mortgage like that, it really is.
• 21:47
  Speaker 3: I feel like you've probably got some good money habits.
• 21:50
  Speaker 3: Do you want to tell me what you think your
• 21:52
  Speaker 3: best money habit is.
• 21:53
  Speaker 4: Well, my best money habit is I think I really
• 21:56
  Speaker 4: put thought into things before I buy them, So I'm
• 22:00
  Speaker 4: not really someone that will apart from work clothes that
• 22:04
  Speaker 4: I always need to have updated, really, I don't spend
• 22:07
  Speaker 4: a lot of money on clothes or the next best
• 22:11
  Speaker 4: material ie on I guess I really. I wear things
• 22:14
  Speaker 4: till they're dead.
• 22:16
  Speaker 2: Love. Yeah, that's probably my best one. I try not
• 22:20
  Speaker 2: to waste money.
• 22:21
  Speaker 3: I love that, but I feel like it's an active
• 22:24
  Speaker 3: contribution to trying not to waste money consistently, Like is
• 22:28
  Speaker 3: it always front of mind, like if you're at the supermarket?
• 22:30
  Speaker 3: Are you always thinking about it? Or is that something
• 22:32
  Speaker 3: that's like, oh, just when it's active.
• 22:34
  Speaker 4: I think I'm always thinking about it, and I think
• 22:37
  Speaker 4: I'm probably always going to be someone no matter how
• 22:39
  Speaker 4: much money I have in the bank, I could win
• 22:40
  Speaker 4: the lotto tomorrow and I think I would still No,
• 22:43
  Speaker 4: I don't actually need that note. I don't want my
• 22:45
  Speaker 4: bank account to fall below this balance, so I'm not
• 22:47
  Speaker 4: going to buy that.
• 22:48
  Speaker 3: I could not resonate with something more. No, I always thought,
• 22:53
  Speaker 3: and again, I'm very privileged, but I always thought that
• 22:57
  Speaker 3: once I have more money, I won't be stressed about money.
• 22:59
  Speaker 3: Once I have more money, then I'm gonna splurge on
• 23:02
  Speaker 3: X and Y. Don't get me wrong, I definitely have
• 23:04
  Speaker 3: splurged here and there. But the guilt I feel when
• 23:06
  Speaker 3: I splurch, why you still exist when I know we
• 23:09
  Speaker 3: can afford this absolutely so I don't know if that
• 23:13
  Speaker 3: goes away. It's something I'm definitely trying to work on
• 23:16
  Speaker 3: because I'm consistently like to my husband, what do you meet?
• 23:19
  Speaker 3: The other day he came home. I was like, why
• 23:21
  Speaker 3: did you buy white wings Flower?
• 23:23
  Speaker 2: What is wrong with you?
• 23:25
  Speaker 3: And he was like, oh, I don't know, It's just
• 23:27
  Speaker 3: what I picked up. And I'm like, the idea of
• 23:30
  Speaker 3: that's just what I picked up. Why aren't we buying
• 23:32
  Speaker 3: home brand Flower? It is Flower?
• 23:34
  Speaker 2: I absolutely agree. There's things that I will absolutely bet
• 23:37
  Speaker 2: yolo like take my money and then help them. No,
• 23:40
  Speaker 2: we don't need name brand Flower.
• 23:42
  Speaker 3: But we do need the low pack butter. Yeah, like
• 23:44
  Speaker 3: we're not skiping that's not home brand butter. But I
• 23:46
  Speaker 3: will buy home around Flower. Home brand, milk, home brand,
• 23:49
  Speaker 3: everything butter. That's where I draw my line.
• 23:52
  Speaker 4: Absolutely the things that you know, you absolutely can taste
• 23:55
  Speaker 4: the difference.
• 23:55
  Speaker 2: That's the boundary. I agree.
• 23:57
  Speaker 3: You mentioned that you had a defense husband, then you
• 24:00
  Speaker 3: had a baby, then you relocated and you got a
• 24:02
  Speaker 3: new job. But then also he left defense and became
• 24:06
  Speaker 3: a mature age apprentice. Now, in my experience, when someone
• 24:10
  Speaker 3: becomes an apprentice, they earn next to nothing.
• 24:13
  Speaker 4: Is that right, Yes, mature age is a little bit different.
• 24:18
  Speaker 4: So obviously he went from a defense wage, which is
• 24:21
  Speaker 4: very nice.
• 24:22
  Speaker 3: Very nice. And so what was he earning on average?
• 24:25
  Speaker 3: Around one hundred Okay, so he earned around one hundred,
• 24:27
  Speaker 3: got a really nice amount of super and was bopping
• 24:29
  Speaker 3: along and then decided, I don't want to be in
• 24:32
  Speaker 3: defense anymore. I'm going to go do an apprenticeship. What
• 24:35
  Speaker 3: did his salary change to?
• 24:37
  Speaker 4: Probably about fifty thousand a year.
• 24:39
  Speaker 3: Yeah, okay, that's a big cut.
• 24:41
  Speaker 4: Yes, so it definitely took a lot of yeah, reshuffling
• 24:44
  Speaker 4: the finances and in that time where he is just
• 24:47
  Speaker 4: about to finish his apprenticeship as well, but then we
• 24:50
  Speaker 4: had our second baby.
• 24:50
  Speaker 2: In that time.
• 24:51
  Speaker 3: Was that really stressful? Because I feel like that would
• 24:55
  Speaker 3: have stressed me out to the nth degree, Like I
• 24:58
  Speaker 3: want you to be successful, I want you to a
• 25:00
  Speaker 3: really good career, but also babies are very expensive.
• 25:04
  Speaker 2: Yes, it definitely was stressful.
• 25:06
  Speaker 4: We were very lucky that we had two of the
• 25:08
  Speaker 4: same gender for our kids, so luckily we got to
• 25:11
  Speaker 4: we got to keep everything reuse. Kay, everything's yeah, just
• 25:14
  Speaker 4: readjusting our spending really and it was kind of very
• 25:17
  Speaker 4: lucky in the way that his wage went down, but
• 25:19
  Speaker 4: mine was going up, so it balanced.
• 25:22
  Speaker 3: But did you take any maternity leave during that period
• 25:25
  Speaker 3: of time and what did that look like?
• 25:27
  Speaker 4: I only took the minimum, so I took the government
• 25:30
  Speaker 4: leave that you get, and I think I had about
• 25:32
  Speaker 4: six weeks of annual leave at the time. So I
• 25:34
  Speaker 4: went back to work when my buddy was about five
• 25:36
  Speaker 4: months old.
• 25:37
  Speaker 3: Okay, And do you feel like that was a good
• 25:40
  Speaker 3: thing for you? Do you feel like that was negative
• 25:43
  Speaker 3: like some people? So I, for example, I'm a workaholic.
• 25:47
  Speaker 3: I love being at work, so going back early was
• 25:50
  Speaker 3: always part of the plan. But that's not true for everybody.
• 25:54
  Speaker 3: What was that like for you?
• 25:55
  Speaker 2: It was probably a bit of a mix. So I'm
• 25:58
  Speaker 2: a bit like you. I am a workaholic. I love
• 26:00
  Speaker 2: my job.
• 26:01
  Speaker 4: I'm really passionate about advancing my career and what I
• 26:03
  Speaker 4: can achieve.
• 26:04
  Speaker 2: And you know, having that, you know you can't have
• 26:06
  Speaker 2: it all. You can be a great mum and you
• 26:08
  Speaker 2: can be great at your career as well.
• 26:10
  Speaker 3: Exactly, Yes, you can louder yes, And so.
• 26:13
  Speaker 2: It was difficult.
• 26:15
  Speaker 4: However, I know that doing that has been the best
• 26:19
  Speaker 4: thing for our family as well, and it's being able
• 26:21
  Speaker 4: to create that lifestyle I want to give my children.
• 26:23
  Speaker 2: I love that so much.
• 26:24
  Speaker 3: And I feel like, and he won't remember exactly. I
• 26:27
  Speaker 3: feel like so much pressure is put on women to
• 26:30
  Speaker 3: like take the appropriate amount of matt Leeth, whatever the
• 26:34
  Speaker 3: hell that means, but then also have a really good
• 26:37
  Speaker 3: career and be really family oriented, but also be a
• 26:40
  Speaker 3: business woman.
• 26:41
  Speaker 5: Like can people just pick aside like and stick to it,
• 26:46
  Speaker 5: because you're giving me mixed messages of what you think
• 26:50
  Speaker 5: I am worth and what you think I should do,
• 26:52
  Speaker 5: when in reality, I don't even.
• 26:54
  Speaker 3: Think this balance exists. Like, I'm just doing the best
• 26:57
  Speaker 3: I can with every single day, and if you think
• 27:00
  Speaker 3: at any point I've got it balanced, that's a lie.
• 27:03
  Speaker 2: Yes, that's right.
• 27:04
  Speaker 4: You just thrive in the chaos, and you make it
• 27:06
  Speaker 4: look like you've got everything together even though everything's on fire.
• 27:09
  Speaker 2: But that's okay.
• 27:11
  Speaker 3: Oh no, I cry a lot, but that's okay. I'm
• 27:13
  Speaker 3: having a good time.
• 27:14
  Speaker 2: That's right, that's right.
• 27:15
  Speaker 4: I might look at a cool, calm collected, but internally
• 27:18
  Speaker 4: there's a lot going on.
• 27:19
  Speaker 3: If you brush your hair and put a little bit
• 27:20
  Speaker 3: of concealer on, you can fool anybody.
• 27:23
  Speaker 2: Absolutely.
• 27:23
  Speaker 4: And I also think, you know, I'm going to raise
• 27:26
  Speaker 4: better future workers.
• 27:28
  Speaker 3: See, I think that the example I'm setting for my
• 27:30
  Speaker 3: kids in terms of work ethic is second to none.
• 27:33
  Speaker 3: Like absolutely, hopefully they grow up and they go my
• 27:36
  Speaker 3: mum was really cool. Not my mum was never there.
• 27:40
  Speaker 4: So yes, absolutely, my mum worked really really hard for
• 27:43
  Speaker 4: everything that I get to do these activities and I
• 27:46
  Speaker 4: get to do this because my mum worked hard to
• 27:48
  Speaker 4: help me get there because she loves me so much.
• 27:51
  Speaker 3: And I hope that they see that because I cannot
• 27:53
  Speaker 3: imagine anything worse than having entitled children. So like, they
• 27:57
  Speaker 3: better be watching, I'm telling you right now, that's right.
• 28:00
  Speaker 4: I think at one point my son actually said to
• 28:02
  Speaker 4: me once he wanted to go somewhere, and I was like, oh,
• 28:05
  Speaker 4: you know that actually costs mummy a lot of money
• 28:07
  Speaker 4: for us to do that. That's that's a sometimes activity.
• 28:10
  Speaker 3: Yeah.
• 28:11
  Speaker 2: And the next day he comes to me he's like, oh, Mom,
• 28:13
  Speaker 2: I really I really want to go to the movies.
• 28:15
  Speaker 2: Can you go to work so we can pay for it?
• 28:18
  Speaker 2: I was like, can you go to work and pay
• 28:20
  Speaker 2: for it?
• 28:21
  Speaker 3: I mean he's starting to formulate what that means and
• 28:25
  Speaker 3: what that looks like.
• 28:26
  Speaker 4: Yes, I'm glad he's willing to sacrifice me going to
• 28:29
  Speaker 4: work to do it.
• 28:30
  Speaker 3: That's so fine.
• 28:33
  Speaker 2: It's a good strategy. I love that.
• 28:35
  Speaker 3: I Mean, my son's only too, but I can absolutely
• 28:37
  Speaker 3: see him saying something like that. He's like, oh, I see,
• 28:40
  Speaker 3: go do that then, mummy.
• 28:42
  Speaker 2: That would be my second born, that is two. It's
• 28:44
  Speaker 2: an interesting time.
• 28:45
  Speaker 3: They're a different breed.
• 28:47
  Speaker 2: The two.
• 28:47
  Speaker 4: Yes, two years old, they can do everything as well.
• 28:50
  Speaker 3: Oh yeah, my son taps his chest and says, Harvey do,
• 28:53
  Speaker 3: and I go, yeah, you do, you do? Yeah, you're
• 28:56
  Speaker 3: so good at it.
• 28:58
  Speaker 2: Yeah, it's going to take as an extra half an hour,
• 29:01
  Speaker 2: but yeah.
• 29:01
  Speaker 3: I'm so glad that you want to put your shoes on.
• 29:03
  Speaker 3: That's perfect. Tell me, what are you teaching your kids
• 29:07
  Speaker 3: about money? At these ages. You said that you've got
• 29:09
  Speaker 3: a two year old and a six year old. Obviously
• 29:11
  Speaker 3: your six year old would love you to go to
• 29:13
  Speaker 3: work so that you can go to the movies. But like,
• 29:16
  Speaker 3: how are these conversations evolving for you in your family.
• 29:19
  Speaker 4: He does have a little money box and we actually
• 29:21
  Speaker 4: just bought one of those kuylight.
• 29:23
  Speaker 3: Kellen, I really want wine. Is it good?
• 29:26
  Speaker 2: Yeah?
• 29:26
  Speaker 4: Do it?
• 29:27
  Speaker 2: It's been really good.
• 29:27
  Speaker 4: My son is also ADHD, so he very much struggles
• 29:31
  Speaker 4: to stay on task. So being able to create the
• 29:34
  Speaker 4: choll list and the rewards, and you can create the
• 29:36
  Speaker 4: rewards together what they get. He's very good in the
• 29:38
  Speaker 4: way of oh, mam, I brushed my teeth.
• 29:40
  Speaker 2: Do I get a star? And what's my reward for that?
• 29:43
  Speaker 3: I arrive on that personally, so I could have the
• 29:45
  Speaker 3: chores list and get stars for doing stuff.
• 29:49
  Speaker 4: Say, let's yeah, trying to explain that we don't get
• 29:52
  Speaker 4: stars just for existing.
• 29:54
  Speaker 2: We get the stars and the rewards for the chores.
• 29:57
  Speaker 4: But he's definitely very big on what money he can
• 30:00
  Speaker 4: get cash if he's going to save it up to
• 30:03
  Speaker 4: buy something bigger. We haven't got there yet. We're still
• 30:06
  Speaker 4: filling the money box. But he's definitely more curious and
• 30:08
  Speaker 4: asked more questions about money.
• 30:10
  Speaker 3: Now, I love that, and I feel like from a
• 30:12
  Speaker 3: development point of view, this idea of delayed versus instant
• 30:17
  Speaker 3: gratification is arguably more important at this age than did
• 30:21
  Speaker 3: you know that this is how much a grocery costs
• 30:24
  Speaker 3: Like that can come but just the idea that he's
• 30:26
  Speaker 3: willing to sacrifice a small thing now for a bigger
• 30:29
  Speaker 3: thing later is actually incredibly powerful. So you're on the money,
• 30:33
  Speaker 3: I think my friend, Yes.
• 30:35
  Speaker 4: He is about to lose his first tooth, and he's
• 30:37
  Speaker 4: under the impression that the tooth fair is bringing one
• 30:39
  Speaker 4: hundred dollars.
• 30:40
  Speaker 3: Oh, so who told him that?
• 30:42
  Speaker 2: I don't know if it was you, It was definitely
• 30:44
  Speaker 2: not me.
• 30:44
  Speaker 4: I'm not sure what other children in his class received
• 30:47
  Speaker 4: from the tooth Fairy, but I think.
• 30:48
  Speaker 3: The kids actually get one hundred dollars. Do you think
• 30:50
  Speaker 3: that's happening, because that's delusional?
• 30:53
  Speaker 2: Surely not.
• 30:54
  Speaker 3: No, I'm pretty sure. I called the tooth Fairy and
• 30:56
  Speaker 3: I had a good chat with her, and she told
• 30:58
  Speaker 3: me that teeth will worse gold coins.
• 31:01
  Speaker 4: Absolutely so the gold coins, that's what I thought, So
• 31:06
  Speaker 4: hopefully he won't be too disappointed.
• 31:07
  Speaker 3: Not a silver one. It's a gold one. It's special,
• 31:10
  Speaker 3: but it's not a note, and especially not a green one.
• 31:13
  Speaker 4: No, it's definitely not a green one. So it will
• 31:15
  Speaker 4: be interesting when that comes about. And I mean, I'm
• 31:18
  Speaker 4: sure he'll actually be probably more impressed with it a
• 31:20
  Speaker 4: coin anyway.
• 31:21
  Speaker 3: Yeah, Yeah, let's see how long they're impressed with coins.
• 31:26
  Speaker 2: Hopefully I've got a little bit longer.
• 31:28
  Speaker 3: All right. Tell me, what do you think your worst
• 31:30
  Speaker 3: money habit is.
• 31:31
  Speaker 2: It's probably the same thing. Honestly.
• 31:33
  Speaker 4: I might go six months without buying clothes or anything
• 31:37
  Speaker 4: like that, and then one day I really need this,
• 31:39
  Speaker 4: and then all of a sudden, I go on this
• 31:40
  Speaker 4: spending spree where all we like, yeah, and I haven't
• 31:44
  Speaker 4: bought anything for so long, and all of a sudden,
• 31:45
  Speaker 4: I'm spent all my money.
• 31:47
  Speaker 3: And you've justified it to yourself because we haven't bought
• 31:49
  Speaker 3: it in so long.
• 31:50
  Speaker 2: Yeah.
• 31:50
  Speaker 3: Yeah, Does that mean you're overspending or you're just spending
• 31:53
  Speaker 3: everything that was basically in the budget for the last
• 31:55
  Speaker 3: six months in one day?
• 31:56
  Speaker 2: Yeah, essentially that.
• 31:58
  Speaker 3: Yeah, it can't resonate with that, but I kind of
• 32:02
  Speaker 3: think that would be really fun.
• 32:04
  Speaker 4: Yes, until afterwards, You're like, why why don't I just
• 32:07
  Speaker 4: pace myself through it and as I need something by it,
• 32:10
  Speaker 4: not wait till I need everything.
• 32:11
  Speaker 3: I like it, impulse control. We don't all have to
• 32:14
  Speaker 3: be good at it. Money Diarist. No, at the start
• 32:17
  Speaker 3: of this episode you said, I reckon My score is
• 32:20
  Speaker 3: a BS, and I think you're doing pretty damn well.
• 32:24
  Speaker 3: What would it take to get you to an A?
• 32:26
  Speaker 4: I think probably as we've taken on the mortgage, I
• 32:31
  Speaker 4: haven't really adjusted our budget in the way that I
• 32:35
  Speaker 4: know what's coming out. But because before the mortgage payment
• 32:39
  Speaker 4: and it was rent.
• 32:40
  Speaker 2: It's about half, right, so our rent was about.
• 32:42
  Speaker 4: Half of what our mortgage is, and so probably haven't
• 32:45
  Speaker 4: adjusted our budget to reflect what our higher expenses are.
• 32:48
  Speaker 4: That is also rates and water furnishes. If something breaks,
• 32:51
  Speaker 4: we have to fix it. I haven't really adjusted that,
• 32:54
  Speaker 4: and so currently there is definitely more going out than
• 32:57
  Speaker 4: coming in here.
• 32:58
  Speaker 2: Do need to actually just sit down?
• 33:01
  Speaker 4: Yeah, brain it in to make sure that I don't
• 33:03
  Speaker 4: blow through it too quickly.
• 33:05
  Speaker 3: Yeah, No, that's fair. All right, Well, I'm going to
• 33:06
  Speaker 3: set you up with my money master class because that
• 33:08
  Speaker 3: will do that for you. And like what you just explained,
• 33:11
  Speaker 3: I can basically take you from a B to an
• 33:13
  Speaker 3: A plus very very quickly. If that's the thing that
• 33:15
  Speaker 3: we're doing here, so I will set you up with
• 33:17
  Speaker 3: that after. But the thing that I think you'll like
• 33:20
  Speaker 3: in that is there's a spreadsheet that does it for you.
• 33:23
  Speaker 3: So you basically put in all of the expenses that
• 33:26
  Speaker 3: you have and it will spit out all right, Well,
• 33:28
  Speaker 3: this is where you're spending. Here's a whole pie chart. Also,
• 33:31
  Speaker 3: this is a table of how much needs to go
• 33:34
  Speaker 3: into each account and what that looks like. And here's
• 33:36
  Speaker 3: your house costs, here's your school costs. Like it'll break
• 33:39
  Speaker 3: it all down for you. I'm obviously quite biased because
• 33:42
  Speaker 3: I made it, but I think it will help. And
• 33:45
  Speaker 3: I mean thousands of other women have said it's good,
• 33:47
  Speaker 3: so like I'm just going to believe them instead of
• 33:49
  Speaker 3: having imposter syndrome. Money Diarist, is there anything you would
• 33:54
  Speaker 3: like to leave our community on. I feel like you're
• 33:58
  Speaker 3: the type of person that you've said, Look, that's all
• 34:00
  Speaker 3: I thought I could earn. And there are so many
• 34:02
  Speaker 3: people in our community that I talk to every day
• 34:05
  Speaker 3: that say, I like, I'll never earn more than fifty
• 34:07
  Speaker 3: thousand dollars. I'll never earn more than sixty thousand dollars.
• 34:10
  Speaker 3: Like I've not gone to UNI, I've not done this.
• 34:13
  Speaker 3: What would you want to say to past you.
• 34:16
  Speaker 4: Just to believe in yourself that you know that you
• 34:20
  Speaker 4: can do it or it does take hard work, it's
• 34:22
  Speaker 4: certainly not easy, but just believing yourself, believing your intuition,
• 34:26
  Speaker 4: your ability. I do think it has come down to
• 34:30
  Speaker 4: finding the right leader at the right time as well.
• 34:32
  Speaker 2: But that's it.
• 34:34
  Speaker 4: If the person that you're working for isn't trying to
• 34:37
  Speaker 4: set you up for success as well, then go find
• 34:40
  Speaker 4: someone that will, because the possibilities are endless.
• 34:43
  Speaker 3: I love that so much. But something you said that
• 34:45
  Speaker 3: I was like, Yes, you said trust your intuition, like
• 34:49
  Speaker 3: you will just know. I think so often we doubt ourselves,
• 34:53
  Speaker 3: but you will know, like when an opportunity comes up
• 34:56
  Speaker 3: and you want to pursue it, it'll feel right, it'll
• 34:58
  Speaker 3: be right, it'll work for you. Like you never have
• 35:00
  Speaker 3: to bend over backwards or appease people or do things
• 35:03
  Speaker 3: that you don't believe in to make success happen. And
• 35:05
  Speaker 3: I think your intuition is arguably not relied on as
• 35:09
  Speaker 3: much as it should be. Yeah, money dist it has
• 35:11
  Speaker 3: been a pleasure having a chat with you. I feel
• 35:14
  Speaker 3: like the community is going to love this story as
• 35:16
  Speaker 3: much as I have loved recording it. So thank you
• 35:19
  Speaker 3: so much for joining us.
• 35:20
  Speaker 4: Thank you.
• 35:26
  Speaker 3: The advice shared on She's on the Money is general
• 35:28
  Speaker 3: in nature and does not consider your individual circumstances. She's
• 35:32
  Speaker 3: on the Money exists purely for educational purposes and should
• 35:36
  Speaker 3: not be relied upon to make an investment or financial decision.
• 35:39
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