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The Stingy Cringe · She's On The Money

• 0:00
  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
• 0:04
  Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
• 0:08
  Speaker 1: we get started on She's on the Money podcast, I
• 0:11
  Speaker 1: would like to acknowledge the traditional custodians of the land
• 0:14
  Speaker 1: of which this podcast is recorded on a wondery country,
• 0:18
  Speaker 1: acknowledging the elders, the ancestors and the next generation coming
• 0:22
  Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
• 0:27
  Speaker 1: and the storytelling of you to make a difference for
• 0:30
  Speaker 1: today and lasting impact for tomorrow.
• 0:33
  Speaker 2: Let's get into it. She's on the Money.
• 0:36
  Speaker 3: She's on the Money.
• 0:57
  Speaker 2: Hello, and welcome to She's on the Money, the podcast
• 1:00
  Speaker 2: for millennials who want financial freedom. Today, my friends, it
• 1:04
  Speaker 2: is Friday, which means it is time to get my
• 1:06
  Speaker 2: little team back together to celebrate you. Ow incredible. She's
• 1:09
  Speaker 2: on the Money community today. Mster greed she's going to
• 1:12
  Speaker 2: be sharing her favorite money wins from the group. Miss
• 1:15
  Speaker 2: Beck say ed she's got some very good broke tips
• 1:18
  Speaker 2: for you. We'll be helping as a team to answer
• 1:21
  Speaker 2: a juicy money dilemma, which this week is all about
• 1:23
  Speaker 2: how to make your super work harder for you, and
• 1:25
  Speaker 2: we're going to be unpacking something that you slid into
• 1:27
  Speaker 2: our DMS about this week. We're talking guys about stingy friends.
• 1:32
  Speaker 3: No one wants to be that person.
• 1:33
  Speaker 4: No, that's just lots of.
• 1:35
  Speaker 2: People are that person. So we're gonna chat about it. Okay,
• 1:38
  Speaker 2: So before we get there, I want to know, how
• 1:40
  Speaker 2: have your week's been, mster Grich.
• 1:42
  Speaker 3: Been doing anything fun but nothing crazy? We had a
• 1:46
  Speaker 3: secondary flying high huh. Anyone who's playing along at home now.
• 1:51
  Speaker 2: As we'll just kick you while you're down.
• 1:52
  Speaker 3: This one was not my fault. This one was not
• 1:54
  Speaker 3: my fault. We work up at five o'clock in the
• 1:55
  Speaker 3: morning to the roof and the window leaking, which is
• 1:57
  Speaker 3: really exciting.
• 1:58
  Speaker 2: I actually cannot believe your love. I don't know what
• 2:01
  Speaker 2: what have you done?
• 2:02
  Speaker 3: I'm like, what did I do to deserve you do something?
• 2:05
  Speaker 2: Did you do something in a past life where you
• 2:07
  Speaker 2: just like really really really werenaughty? And then now everyone's like,
• 2:12
  Speaker 2: let it rain on Jess's house.
• 2:13
  Speaker 4: It's like manifesting in a funny way, like literally only floods,
• 2:16
  Speaker 4: but not that, not not only.
• 2:20
  Speaker 2: She's literally up to three floods in her house in
• 2:22
  Speaker 2: the last two weeks.
• 2:23
  Speaker 4: Oh, actually, but your car battery did die. You've broken
• 2:25
  Speaker 4: aule as well.
• 2:26
  Speaker 3: So I dressing this weekend? What else did you do
• 2:29
  Speaker 3: this weekend? I got all the way through a glass
• 2:31
  Speaker 3: of Pepsi max and what I found at the bottom.
• 2:33
  Speaker 2: No, no, no, no, no big fat fly? Like no,
• 2:40
  Speaker 2: absolutely not, absolutely not. I'm having literally the worst week
• 2:42
  Speaker 2: of mind. You can come live with me.
• 2:44
  Speaker 4: That's okay, this is weird, Like we need to study this.
• 2:48
  Speaker 2: I'm not normally this unlucky, you know, she is just
• 2:51
  Speaker 2: like is perfect normally, So I don't know why she's
• 2:54
  Speaker 2: being thrown under a bus. But mentioning flies, why are
• 2:57
  Speaker 2: they everywhere at the moment, I think it's dare because
• 3:01
  Speaker 2: I can't deal with it. Yeah, I hate I swear
• 3:04
  Speaker 2: like there are so many flies at the moment and annoying.
• 3:07
  Speaker 2: Yeah they're in my house, Like where did you come from?
• 3:10
  Speaker 2: Like my husband opened the back doors and we basically
• 3:12
  Speaker 2: had a fight because I was like, you close those
• 3:15
  Speaker 2: flies in my house? One out of ten?
• 3:17
  Speaker 4: I know, so annoying, but no, I do. I need
• 3:19
  Speaker 4: to figure out what's going on here. Guess maybe it
• 3:21
  Speaker 4: did you annoy someone anyway, Well, someone put ext me
• 3:23
  Speaker 4: do a clean Yeah, we need to do a cleanse.
• 3:25
  Speaker 4: When we finish this, we'll do a cleanse week. My
• 3:30
  Speaker 4: week has been really nice, really Christmas y. I'm trying
• 3:33
  Speaker 4: to like squoize all the Christmasy things in and you know,
• 3:35
  Speaker 4: just seeing friends and like I'm busy and very tired,
• 3:38
  Speaker 4: but also really really good my money when is that?
• 3:40
  Speaker 4: I ended up not going to Meredith, which was.
• 3:43
  Speaker 2: Very sad, But why did you Meredith?
• 3:46
  Speaker 4: Well, I just I realized, like I just couldn't afford it.
• 3:48
  Speaker 2: And okay, that is a very good reason to say
• 3:50
  Speaker 2: no to something. I'm proud of you. Oh you wouldn't
• 3:53
  Speaker 2: have done that.
• 3:54
  Speaker 4: Old me wouldn't have because I had been kind of
• 3:56
  Speaker 4: talking it up for so long and like I was
• 3:58
  Speaker 4: messaging everyone I know, even though I didn't have a
• 4:00
  Speaker 4: I was like, I'm going to Ameretith. I'm going to
• 4:01
  Speaker 4: Ameretith and put it in my calendar. And old me
• 4:04
  Speaker 4: definitely would have been like I'm going to find a way.
• 4:06
  Speaker 4: I'm going to be broke, but I'm going to find
• 4:07
  Speaker 4: a way. But this song was like so proud of you,
• 4:09
  Speaker 4: thank you.
• 4:09
  Speaker 3: So funny you rained all weekend. Yeah, I feel like
• 4:14
  Speaker 3: that's actually also a life win for you.
• 4:16
  Speaker 4: That's so true. I do hear it was very muddy,
• 4:19
  Speaker 4: which is not great, So yeah, win win.
• 4:22
  Speaker 2: It was really really love it. Did you do something
• 4:24
  Speaker 2: you just like hung out with friends on the weekend
• 4:26
  Speaker 2: instead I did.
• 4:27
  Speaker 4: We had a Christmas night and cute Christmas games and
• 4:31
  Speaker 4: watch Christmas movies.
• 4:32
  Speaker 2: That is very very cute, very cute.
• 4:34
  Speaker 4: And what about you, v As you.
• 4:35
  Speaker 2: Can probably hear in my voice, I am still not
• 4:37
  Speaker 2: one hundred percent, which is really frustrating because I feel
• 4:40
  Speaker 2: really good. But I had what was it a cute
• 4:43
  Speaker 2: bronchitus last week, which is why you guys had to
• 4:46
  Speaker 2: take the helm and take one for the team and
• 4:49
  Speaker 2: do a whole episode without me, which is always honestly terrifying.
• 4:52
  Speaker 2: So I'm like, what are they going to say? Like
• 4:55
  Speaker 2: there's just like there's also just like such quick turnaround
• 4:59
  Speaker 2: without pot cast editing that it means I can't vet
• 5:02
  Speaker 2: it before it goes live and like change anything because
• 5:05
  Speaker 2: like you'llow So I haven't listened to it yet, but
• 5:08
  Speaker 2: I will. I'm just a little bit scared.
• 5:10
  Speaker 4: Listen, actually we did drag your name through the mud.
• 5:14
  Speaker 2: I think you absolutely just keep it real and then
• 5:18
  Speaker 2: Earlier this week, Brooke, who is our video content creator,
• 5:22
  Speaker 2: she came back from the US, which is really exciting
• 5:25
  Speaker 2: because she's been there for like three months working. I
• 5:28
  Speaker 2: guess international. We're international team of girlies. Guys. It's about
• 5:32
  Speaker 2: as international as we get, let's be honest. But she
• 5:35
  Speaker 2: came back and we recorded so many videos over the weekend.
• 5:40
  Speaker 2: We did this whole new series that is called is
• 5:43
  Speaker 2: It Home Brand? Basically, oh so, like we got out
• 5:46
  Speaker 2: all of these dupes. We went to the supermarket and
• 5:48
  Speaker 2: like spent ages going through the aisles and being like, oh,
• 5:51
  Speaker 2: they're fruit loops, They're dupe loops, like and picked them
• 5:53
  Speaker 2: all up, and then we did blind taste testings and
• 5:56
  Speaker 2: if you've already seen it, we've started posting the videos already.
• 6:00
  Speaker 2: I got absolutely duped by the fake coke. And I'm
• 6:05
  Speaker 2: really I'm so embarrassed for you.
• 6:07
  Speaker 3: It's so adamant that you would always be able to
• 6:09
  Speaker 3: taste the difference.
• 6:10
  Speaker 2: Yeah, Like I was so clear because I'm such a
• 6:12
  Speaker 2: Coke zero girlie, Like I don't want diet coke, I
• 6:16
  Speaker 2: don't want full fat coke. We only drink Coke zero,
• 6:19
  Speaker 2: Like I am a Coke zero stan like asked yes,
• 6:22
  Speaker 2: one a day every day.
• 6:24
  Speaker 5: She loves it.
• 6:25
  Speaker 2: And then the que cola from Cole's got me q cola.
• 6:29
  Speaker 2: It was like in a one point two liter bottle
• 6:30
  Speaker 2: dollar ten money win that is that is money win.
• 6:34
  Speaker 2: It's a very good money win. But this girley couldn't
• 6:36
  Speaker 2: tell you the difference to save her life.
• 6:38
  Speaker 4: That's really cool though. I think that's such a great idea.
• 6:41
  Speaker 2: It was fun. So we've done like a heap of
• 6:43
  Speaker 2: those videos and I just got really good snacks over
• 6:46
  Speaker 2: the weekend.
• 6:46
  Speaker 3: Guys, I'm excited to see the series roll out to
• 6:49
  Speaker 3: figure out what I can replace.
• 6:50
  Speaker 2: Yes, I actually think it's so fun. So if you
• 6:53
  Speaker 2: have a dupe like at the supermarket that you're like
• 6:55
  Speaker 2: the home brand one slighs, we need to hear about
• 6:57
  Speaker 2: it because we'll try it on the show. Yes. Anyway,
• 7:00
  Speaker 2: let's get back to the community. Mister GRICI, what money
• 7:04
  Speaker 2: wins do you want to share this week?
• 7:05
  Speaker 3: My first money in this week comes from Brenda who
• 7:08
  Speaker 3: said money win and loss. I traded in my old
• 7:11
  Speaker 3: iPhone six, which I haven't used in years, and I
• 7:14
  Speaker 3: got a fifty five dollar Apple give cut.
• 7:17
  Speaker 2: That's cool.
• 7:17
  Speaker 3: My partner had broken my MacBook laptop charger the next day.
• 7:21
  Speaker 3: So the money went towards that I didn't even know
• 7:24
  Speaker 3: you could trade back phones that were that old.
• 7:25
  Speaker 2: I think I have a few in.
• 7:26
  Speaker 3: A drawer that I just ow you now, like you're
• 7:28
  Speaker 3: going to go through my drawer and trade them all
• 7:30
  Speaker 3: back in. Yeah.
• 7:31
  Speaker 2: I thought it was going to be only like the
• 7:32
  Speaker 2: most recent iPhone or something.
• 7:34
  Speaker 3: Yeah, so that's where good fifty bucks is fifty bucks.
• 7:36
  Speaker 4: Judging by your luck, they will be like, we're not
• 7:39
  Speaker 4: taking in fact, we're not taking these, and also we're
• 7:41
  Speaker 4: charging you.
• 7:43
  Speaker 2: They're going to charge her Jessica's hext guys. Oh my gosh.
• 7:47
  Speaker 3: Next, I've got money in from Lily, who said money win.
• 7:50
  Speaker 3: I put twenty four hours between my spending, and when
• 7:52
  Speaker 3: I checked back online the dinner set I wanted to buy,
• 7:55
  Speaker 3: it was half priced down from one twenty nine to
• 7:57
  Speaker 3: sixty dollars.
• 7:58
  Speaker 2: Oh that's our money win.
• 8:00
  Speaker 3: That twenty four hours between you and you're spending pays
• 8:02
  Speaker 3: off in a big way.
• 8:04
  Speaker 2: You also got some cash back as well on a
• 8:06
  Speaker 2: cash back app.
• 8:07
  Speaker 4: Genius.
• 8:07
  Speaker 3: Yes, ideally funny that you say that, because my next
• 8:10
  Speaker 3: money wind comes from a Tara And she said money win.
• 8:12
  Speaker 3: I was at Chadston when I found a pair of
• 8:14
  Speaker 3: pants that I loved. I looked up the brand and
• 8:17
  Speaker 3: they were ten percent cash back on shop back mudey Win.
• 8:20
  Speaker 3: So I ordered them online instead of on site, and
• 8:23
  Speaker 3: they were also on special on the website.
• 8:25
  Speaker 2: Oh so that's such a money double money in. I
• 8:28
  Speaker 2: feel like that's something I do all the time in store.
• 8:30
  Speaker 2: It's low key, a little bit like mediocre middle aged
• 8:34
  Speaker 2: white man, but like I will like google the product
• 8:37
  Speaker 2: while I'm looking at it in the shop because I'm like,
• 8:39
  Speaker 2: I'm the best deal on this. If I've decided I
• 8:41
  Speaker 2: want to buy that, am I going to get cash back?
• 8:44
  Speaker 2: It's so easy to do, and then also lots of
• 8:46
  Speaker 2: places price match, so true, it's worth a try.
• 8:50
  Speaker 4: Absolutely love that. I'm going to start doing that, give
• 8:52
  Speaker 4: it a crack.
• 8:53
  Speaker 3: Why not. Next, I've got one from Victoria great name,
• 8:56
  Speaker 3: who said.
• 8:56
  Speaker 2: A fantastic name. I must be a genius. Her wing is.
• 8:59
  Speaker 3: Pretty, she said. I went thirty dollars over my Christmas
• 9:02
  Speaker 3: gift budget, so I found a candle I already had
• 9:05
  Speaker 3: to regift, which saved me from having to buy them
• 9:07
  Speaker 3: a gift, and it put me back within my budget.
• 9:09
  Speaker 2: Oh. I love that. That's actually so resourceful, very on
• 9:12
  Speaker 2: brand for a Victoria. That's definitely something I would do,
• 9:15
  Speaker 2: so clean flay.
• 9:16
  Speaker 3: Next, I've got a money in from Julie, who said,
• 9:19
  Speaker 3: not really a money win, but kind of in a
• 9:20
  Speaker 3: roundabout way. I couldn't find a Christmas shirt that I loved,
• 9:24
  Speaker 3: so I made one with my own painting. It didn't
• 9:26
  Speaker 3: cost too much more than those generic ones in the shops,
• 9:29
  Speaker 3: and I know that it's a keeper and she's put
• 9:30
  Speaker 3: a really cute picky I looktive. I love this, I've
• 9:37
  Speaker 3: hus and it's a good way to use, like if
• 9:39
  Speaker 3: you already have a shirt at home. Yeah, and you'uring
• 9:41
  Speaker 3: you have one of those Christmas parties where you need
• 9:42
  Speaker 3: something festive, do a little diy job. Yeah. I love that,
• 9:46
  Speaker 3: really iconic. Next, I've got one from Grace who said
• 9:50
  Speaker 3: I've sold fifteen things on deepop since signing up a
• 9:52
  Speaker 3: few months ago. I've cleaned out my garage and sold
• 9:54
  Speaker 3: a few things on marketplace. I'm decluttering and I'm making money.
• 9:58
  Speaker 3: Big win.
• 9:59
  Speaker 4: Great.
• 10:00
  Speaker 2: I love that. I love how proactive it is, though,
• 10:02
  Speaker 2: because how many of us say we're going to do
• 10:04
  Speaker 2: that and then don't do that. Yes, yes, she's doing it.
• 10:06
  Speaker 2: Get it, Grace, Well done, Grace.
• 10:07
  Speaker 3: And lastly, I've got one from al who said money
• 10:10
  Speaker 3: and feel good win. My daughter's school makes Christmas hampers
• 10:13
  Speaker 3: for the homeless and families in need. I had one
• 10:16
  Speaker 3: hundred and ten dollars in Woolworth rewards that I had
• 10:18
  Speaker 3: forgotten about, so I used it to shop for the
• 10:20
  Speaker 3: hamper donations. I also ended up getting an extra twenty
• 10:23
  Speaker 3: dollars on rewards in that shop.
• 10:25
  Speaker 2: Oh money win. That is very cool, so wholesome.
• 10:28
  Speaker 3: Yeah, awesome, And another good one for I know a
• 10:30
  Speaker 3: few weeks here we spoke about people who wanted to
• 10:32
  Speaker 3: do charitable things but maybe didn't have the budget. If
• 10:35
  Speaker 3: you ever rewards points, that's such a good way to
• 10:36
  Speaker 3: use them is use those things that you want to donate.
• 10:39
  Speaker 2: Genius.
• 10:40
  Speaker 3: That's everything, guys.
• 10:41
  Speaker 2: I liked those ones. Yes, I feel like they were
• 10:43
  Speaker 2: a very wholesome wrap up, a little bit festive, little
• 10:46
  Speaker 2: bit budget, a little bit saving. I love it anyway,
• 10:49
  Speaker 2: it seems like very festive. Long yeah, and you're you're
• 10:51
  Speaker 2: in a festive mood this week?
• 10:52
  Speaker 4: Back seriously, so right up your alley.
• 10:55
  Speaker 2: But now I want to know what broke tips. Have
• 10:57
  Speaker 2: you got for us this week?
• 10:58
  Speaker 4: Okay? So, as per, I do have two from the
• 11:00
  Speaker 4: community and one of my own, so I know, just
• 11:04
  Speaker 4: to just to like mix it up a little bit
• 11:07
  Speaker 4: up a little bit, be a little bit different. So
• 11:08
  Speaker 4: the first one comes from Rhiannon and this.
• 11:10
  Speaker 2: One is a little bit festive, so I love a
• 11:12
  Speaker 2: festive money in Yeah, I feel like this one we
• 11:14
  Speaker 2: may have mentioned before. That's okay.
• 11:15
  Speaker 4: I thought it's a really good time to just kind
• 11:17
  Speaker 4: of like emphasize how great this is. So Brandon says
• 11:21
  Speaker 4: that in wool Ways, they have these cute Christmas designs
• 11:23
  Speaker 4: on their paper bags. You can cut the bottom of
• 11:25
  Speaker 4: it and use it as wrapping paper. So if you
• 11:27
  Speaker 4: shop the all Wards a lot, maybe if you get
• 11:29
  Speaker 4: your reusable bag and you have to buy the paper bags,
• 11:32
  Speaker 4: that also doubles as wrapping paper, which I think is
• 11:34
  Speaker 4: really cool.
• 11:34
  Speaker 2: It love there.
• 11:35
  Speaker 3: I saw someone on Instagram use their paper bag. They
• 11:39
  Speaker 3: slipped it so that the writing was on the inside
• 11:41
  Speaker 3: and they used it to wrap like a handpicked bouquet,
• 11:43
  Speaker 3: which is another really much use for it as well.
• 11:46
  Speaker 3: Like they kicked they think the flowers from their garden
• 11:48
  Speaker 3: know something and they wrapped its like a beautiful little
• 11:49
  Speaker 3: boutique bouquet, very cute, humble paper bag can do a lot.
• 11:53
  Speaker 2: I've said this a few times on the podcast before,
• 11:55
  Speaker 2: but I literally refuse to buy holiday wrapping paper. It
• 11:59
  Speaker 2: is so ex defensive. So a couple of years ago,
• 12:02
  Speaker 2: I went to office works and I bought a really
• 12:05
  Speaker 2: big roll of craft paper, you know, like the brown
• 12:08
  Speaker 2: craft paper, and I think it was like thirty meters
• 12:11
  Speaker 2: or something ridiculous, and it was like fifteen dollars. It's
• 12:14
  Speaker 2: all I've been using for wrapping, so you will always
• 12:17
  Speaker 2: get a present from me wrapped in brown paper. And
• 12:20
  Speaker 2: then I juse it up with like some fancy like
• 12:22
  Speaker 2: string I get from the two dollar shop or something.
• 12:24
  Speaker 2: Then everything under the tree matches, and people think that
• 12:27
  Speaker 2: I'm being like, oh, look, how aesthetics she is. No,
• 12:30
  Speaker 2: I'm cheap Like. The answer is cheapness, not aesthetics. But
• 12:34
  Speaker 2: you know what, I like that you think I think
• 12:36
  Speaker 2: that is going to work.
• 12:38
  Speaker 4: I do love brown wrapping papers very.
• 12:40
  Speaker 2: It's like a little bit rustic, a little bit helpful. Also,
• 12:42
  Speaker 2: you could juse it up even more by like going
• 12:44
  Speaker 2: to like Bunnings and getting some like Hessian string like
• 12:47
  Speaker 2: tying Hessian string and putting like a few gum leaves
• 12:50
  Speaker 2: or something in it. So cheap, so cute, so.
• 12:53
  Speaker 4: Cheap, you could draw a little festive Okay, I'm not
• 12:57
  Speaker 4: you are.
• 12:58
  Speaker 2: People would be like, hey, v I'm just wondering, why
• 13:00
  Speaker 2: did a toddler decorate your presence this year? And I'd
• 13:03
  Speaker 2: be like, that was me. I tried. I tried. It's
• 13:06
  Speaker 2: the thought that counts.
• 13:07
  Speaker 4: You can't yet blame that on your baby.
• 13:09
  Speaker 2: No, no, but I will be what's your second broke
• 13:14
  Speaker 2: tip from the community? Back?
• 13:15
  Speaker 4: So this next one comes from Michelle. This one, I
• 13:18
  Speaker 4: really do like it because I feel like this is
• 13:19
  Speaker 4: the reality for a lot of people. So back in
• 13:22
  Speaker 4: the day, when her and her family couldn't afford heat packs,
• 13:25
  Speaker 4: they would fill an empty one point two liter soft
• 13:28
  Speaker 4: drink bottle with hot water. The lid would screw on
• 13:30
  Speaker 4: tights and new leaks, and if you wrap it in
• 13:32
  Speaker 4: a tea towel with a rubber band, you have a
• 13:33
  Speaker 4: reusable heat pack. So that is really, really, it's a
• 13:37
  Speaker 4: really clever way to kind of like make it through
• 13:39
  Speaker 4: the winter. If you're like in a position where you
• 13:41
  Speaker 4: literally can't afford a heat pack, you literally can't afford heating.
• 13:44
  Speaker 2: Snaggy, you can cud of let in bed now.
• 13:47
  Speaker 4: Exactly obviously, you know, don't put boiling water because your
• 13:51
  Speaker 4: bottle me. Yeah, just so nice, just the I think
• 13:54
  Speaker 4: like when you just turin on the hot tap, like
• 13:55
  Speaker 4: it doesn't actually get too hot these days anyway, that
• 13:58
  Speaker 4: should do and that will ask you hopefull of the night.
• 14:00
  Speaker 4: Which yeah, I love this. I actually really like this
• 14:03
  Speaker 4: broke tip and my one. This one is not so
• 14:07
  Speaker 4: broke that you can't use Uber. This is like I
• 14:10
  Speaker 4: can use Uber, but I'm also trying to save money.
• 14:12
  Speaker 4: So I've noticed that if I'm trying to order an Uber,
• 14:16
  Speaker 4: I'll go into the Uber app, I'll put in my destination.
• 14:20
  Speaker 4: I'll leave the app three, four, maybe five times. So
• 14:24
  Speaker 4: you got to start this early.
• 14:25
  Speaker 2: You can't be meet.
• 14:27
  Speaker 4: You got to start this very early. Each time you
• 14:30
  Speaker 4: leave the app, it gives you a little discount. I
• 14:32
  Speaker 4: know this what happened all the time, but with me,
• 14:33
  Speaker 4: it did. It went I was getting an Uber from
• 14:36
  Speaker 4: my friend and I was kind of just like waiting
• 14:38
  Speaker 4: for her response. So this was just completely accidental that
• 14:41
  Speaker 4: I happened upon this. It started at about thirty dollars,
• 14:44
  Speaker 4: and then it went all the way down to I
• 14:46
  Speaker 4: literally think from memory it was thirteen dollars. It went
• 14:50
  Speaker 4: from thirty dollars to thirteen.
• 14:52
  Speaker 2: Dollars just like a thirde time.
• 14:54
  Speaker 4: No, it wasn't, it was just a regular time. It
• 14:56
  Speaker 4: just kept like saying, hey, are you forgetting something or
• 14:58
  Speaker 4: you know this is still just do you need to ride?
• 15:00
  Speaker 4: Here's twenty percent off, blah blah blah. It went all
• 15:02
  Speaker 4: the way down. I just couldn't believe it. So while
• 15:06
  Speaker 4: I was waiting for her response, I just kept like
• 15:07
  Speaker 4: opening it and seeing what it's a going out of
• 15:10
  Speaker 4: it again and blah blah blah. So I just it
• 15:11
  Speaker 4: was completely accidental. And so now anytime I need an Uber,
• 15:14
  Speaker 4: I do this and it maybe it takes about ten minutes,
• 15:18
  Speaker 4: but give it a try.
• 15:20
  Speaker 2: I like that. I've been using d D recently because
• 15:24
  Speaker 2: I feel like when Uber's surging and I'm like, I'm
• 15:27
  Speaker 2: not paying those surg prices, I go on DD and
• 15:29
  Speaker 2: then I get a good ride whatever. Half the time
• 15:32
  Speaker 2: they come, the car comes and it's got the Uber
• 15:34
  Speaker 2: sticker on it because the drivers are using both app
• 15:37
  Speaker 2: switch get it Queen's But my favorite thing about dd is.
• 15:41
  Speaker 2: If you don't use it for a while, they send
• 15:42
  Speaker 2: you vouchers. They're like, oh, here's ten dollars off your
• 15:45
  Speaker 2: next ride, and you're like, ha ha, I'll just stah
• 15:48
  Speaker 2: that one away for future game the system. I'm all
• 15:51
  Speaker 2: about gaming the system. I love that back. I feel
• 15:53
  Speaker 2: like that was very wholesome, little bit festive, little bit smart. Also, yeah,
• 15:58
  Speaker 2: good money wins. Absolutely, I'm just fish. Let's go to
• 16:01
  Speaker 2: a really quick break and on the flip side, we're
• 16:03
  Speaker 2: going to be unpacking how to make your superwork harder
• 16:05
  Speaker 2: for you, which is definitely something we all want. But
• 16:08
  Speaker 2: then after that we're getting to the spicy conversation of
• 16:11
  Speaker 2: talking about your stingy friends. And I think all of
• 16:13
  Speaker 2: us like a little bit of goss, So don't go anywhere.
• 16:20
  Speaker 3: Welcome back everyone. Let's take a listen to this week's
• 16:22
  Speaker 3: money dilemma.
• 16:25
  Speaker 6: Hi, there, have you got a money dilemma you just
• 16:28
  Speaker 6: can't solve that. She's on the Money Team is here
• 16:30
  Speaker 6: to help. Every week we tackle your dilemmas, both big
• 16:34
  Speaker 6: and small, to answer your most burning money.
• 16:36
  Speaker 2: Career and life questions.
• 16:37
  Speaker 6: To get involved, simply head to our website and leave
• 16:40
  Speaker 6: us a short voice recording and you might just find
• 16:42
  Speaker 6: yourself on the show. Now, let's take a listen to
• 16:45
  Speaker 6: this week's Money Dilemma.
• 16:49
  Speaker 5: Hi, she's on the Money team. Love the podcast and
• 16:52
  Speaker 5: all that you do. In the spirit of financial literacy
• 16:55
  Speaker 5: and investing in my future, I've spoken to a super
• 16:58
  Speaker 5: annuation management firm. They've estimated they could increase my super
• 17:02
  Speaker 5: from roughly seven hundred K to one point two million
• 17:05
  Speaker 5: over a thirty year period through a super fund account manager.
• 17:09
  Speaker 5: Obviously this is appealing, but I don't want to go
• 17:11
  Speaker 5: in blind. Their fee is three k one off and
• 17:14
  Speaker 5: then one point six percent fee per anim of my
• 17:16
  Speaker 5: super amount. In addition, I would have access to their
• 17:19
  Speaker 5: team of financial advisors and mortgage broker for free. I
• 17:23
  Speaker 5: want to engage these services and feel like this could
• 17:25
  Speaker 5: be a great one stop shop. But are these fees typical?
• 17:29
  Speaker 5: I know nothing is guaranteed in terms of future super performance,
• 17:32
  Speaker 5: but want to optimize what I can as early as possible.
• 17:35
  Speaker 2: I'm not going to comment yet because I want your comments. Guys.
• 17:39
  Speaker 2: How do you feel about that, Jess? I know you
• 17:41
  Speaker 2: know a little bit about like financial advice fees. What
• 17:43
  Speaker 2: are your thoughts and feelings?
• 17:45
  Speaker 3: I just my thoughts on financial advice in general, whether
• 17:50
  Speaker 3: that's an advisor, whether that's mortgages, whether that's investments, is
• 17:53
  Speaker 3: that if they're approaching you, I'm always.
• 17:58
  Speaker 2: Sus I'm so glad you've said that because I let
• 18:00
  Speaker 2: you go first, because I'm like sitting here with red
• 18:03
  Speaker 2: flag every we're all over this.
• 18:06
  Speaker 4: Also, they're saying I will get you from seven hundred
• 18:08
  Speaker 4: thousand to well at one point.
• 18:10
  Speaker 3: I don't know if maybe you've misunderstood the wording here
• 18:14
  Speaker 3: is just not making sense to me, because if they're
• 18:16
  Speaker 3: saying that they can take you from seven hundred thousand
• 18:19
  Speaker 3: to one point two million and thirty years using our
• 18:22
  Speaker 3: favorite compound interest calculator, Yeah, I can tell you that
• 18:25
  Speaker 3: if you had seven hundred thousand dollars and you did
• 18:28
  Speaker 3: quite frankly, not a whole lot with it.
• 18:30
  Speaker 2: Tell me, tell me the specs you put it in.
• 18:31
  Speaker 3: Jest, put it in assuming no additional deposits. You just
• 18:35
  Speaker 3: have that seven hundred thousand that she's saying that it's
• 18:37
  Speaker 3: there over at thirty year period, assuming an average rate
• 18:40
  Speaker 3: of return of seven point five percent.
• 18:41
  Speaker 2: Which is what actually is on the money we always use.
• 18:44
  Speaker 2: It is a little bit lower, a little bit more
• 18:46
  Speaker 2: conservative than the average rate of return of the Australian
• 18:48
  Speaker 2: shair market. Good job, es, I go, I'm out of
• 18:51
  Speaker 2: a job that.
• 18:52
  Speaker 3: She just told me. Well, we're estimating that you would
• 18:54
  Speaker 3: have about six million, five hundred ninety and seventy four dollars. Yeah,
• 18:59
  Speaker 3: so in two million is severely underperforming, like union.
• 19:02
  Speaker 2: Yeah, you're not even doing the bare minimum, sir, Like
• 19:05
  Speaker 2: even if we drop it down right, because I think
• 19:07
  Speaker 2: Jess is doing exactly what I was doing, Let's pretend
• 19:09
  Speaker 2: it's an average rate of return of five percent. Because
• 19:11
  Speaker 2: if you've got seven hundred grand, girl, you are doing well. Yeah,
• 19:14
  Speaker 2: so can we talk about how you got seven hundred
• 19:16
  Speaker 2: grand in super, because like I need to know that story.
• 19:19
  Speaker 2: But if you've got seven hundred thousand dollars in super,
• 19:22
  Speaker 2: even if it's at a rate of return of five
• 19:25
  Speaker 2: percent BECK over thirty years, that's three point one million dollars. Wow.
• 19:29
  Speaker 2: So like, these guys, what do you need them for?
• 19:31
  Speaker 3: And you're paying them three grand?
• 19:32
  Speaker 2: Off the topic, I am always so skeptical of these
• 19:36
  Speaker 2: superanuation management firms because usually, and I'm probably going to
• 19:41
  Speaker 2: make some people in the industry really angry, and I
• 19:43
  Speaker 2: kind of don't care. Usually, if you are a superanuation
• 19:46
  Speaker 2: management company, you're a burn and churn company. You usually
• 19:51
  Speaker 2: buy lists of people's phone numbers and you call them
• 19:55
  Speaker 2: and go, hey, Beck, we're a supermanagement firm, like we
• 19:57
  Speaker 2: can help you. And you go, oh my gosh, so
• 19:59
  Speaker 2: your license. So they go, yeah, yeah, we just got
• 20:01
  Speaker 2: given your number. Thought you were a good person to call.
• 20:04
  Speaker 2: This happens all the time. We see it in our
• 20:05
  Speaker 2: community so often. To be honest, you would be better
• 20:10
  Speaker 2: off not paying a financial advisor to give you superannuation
• 20:14
  Speaker 2: only advice for three thousand dollars and staying with a
• 20:17
  Speaker 2: default fund in a balanced portfolio, like you would be
• 20:21
  Speaker 2: financially better off by going on the money Smart website
• 20:25
  Speaker 2: and having a look at your super comparison tool and
• 20:28
  Speaker 2: picking that. I'm not saying that that's what you should do,
• 20:31
  Speaker 2: because if you've got seven hundred grand in super Girl,
• 20:33
  Speaker 2: you are doing incredibly and you definitely should see an advisor,
• 20:37
  Speaker 2: but you should see a holistic wealth advisor, someone who's
• 20:41
  Speaker 2: going to go, well, what goals are we trying to achieve?
• 20:43
  Speaker 2: What does this actually look like? Why have you got
• 20:45
  Speaker 2: seven hundred grand in super I'm assuming if you have
• 20:47
  Speaker 2: that much in super you're probably doing well outside of
• 20:50
  Speaker 2: it and need some budget and cash flow help and
• 20:52
  Speaker 2: some investing help, because that shouldn't be your only wealth
• 20:55
  Speaker 2: creation asset. But to me, it's a massive red flag
• 20:59
  Speaker 2: if they're then saying, but it's a really good deal, Jessica,
• 21:03
  Speaker 2: you can get access to our financial advisors and mortgage brokers.
• 21:06
  Speaker 2: I'm sorry. Mortgage brokers are free to begin with. Like, legally,
• 21:10
  Speaker 2: mortgage brokers cannot charge you for their services. And as
• 21:15
  Speaker 2: somebody who owns a mortgage broking firm called Zella Money,
• 21:18
  Speaker 2: I don't like, and this is coming from someone who
• 21:21
  Speaker 2: used to also own a financial advice firm, you cannot
• 21:25
  Speaker 2: be brilliant at everything. I picked one way and said,
• 21:29
  Speaker 2: all right, I'm gonna have to step back because you know,
• 21:32
  Speaker 2: as the director of Zellowealth and Zella Money, they're conflicting.
• 21:37
  Speaker 2: They need so much of my time to be successful.
• 21:40
  Speaker 2: Zello Wealth wasn't taking on new clients, and they weren't
• 21:43
  Speaker 2: taking on new clients because I would be like, look,
• 21:45
  Speaker 2: I don't have the capacity between she's on the money
• 21:47
  Speaker 2: and growing this mortgage broking business to do the right
• 21:50
  Speaker 2: thing by clients. So I'm not taking anyone new, but
• 21:54
  Speaker 2: if you're doing mortgage broking and financial advice in this
• 21:57
  Speaker 2: economic situation where there's so much clients, I don't think
• 22:00
  Speaker 2: you can be good at both. Like, and I don't
• 22:03
  Speaker 2: mean to be rude, because I do have friends who
• 22:05
  Speaker 2: own mortgage broking and financial advice companies, but they're not
• 22:08
  Speaker 2: usually volume based companies.
• 22:10
  Speaker 3: Right.
• 22:10
  Speaker 2: They might be like, Oh, Bet comes in and we
• 22:12
  Speaker 2: help her along the way, and that can be really great, Like,
• 22:15
  Speaker 2: it can be a fantastic service. However, if I'm going
• 22:18
  Speaker 2: to go get a mortgage, like we know Jess is
• 22:20
  Speaker 2: on her first home by a journey, Jess, I know
• 22:24
  Speaker 2: benefits from working with someone who forty hours a week,
• 22:28
  Speaker 2: day in, day out, talks about mortgages, talks to the banks,
• 22:32
  Speaker 2: is completely across it, so that when Jess' is like, oh,
• 22:34
  Speaker 2: what's this mean, they're like, Oh, it's talking to Westpac yesterday,
• 22:37
  Speaker 2: That's what this means. Where As often when you're a
• 22:40
  Speaker 2: financial advisor and a mortgage broker, you don't do that
• 22:43
  Speaker 2: much mortgage work because the financial advice work takes so
• 22:45
  Speaker 2: long and you're not as in touch with what's currently
• 22:48
  Speaker 2: going on and with the interest rates going up and
• 22:50
  Speaker 2: everything kind of in a shamble. You want someone who
• 22:53
  Speaker 2: has their finger on the pulse, but like every second,
• 22:57
  Speaker 2: not you know, once or twice a week. So I'm
• 22:59
  Speaker 2: quite I don't know, assertive. That's why I like you
• 23:02
  Speaker 2: having independent experts who are great in their field, and
• 23:05
  Speaker 2: you build a little team that works for you, not
• 23:08
  Speaker 2: necessarily going to a one stop shop, because, don't get
• 23:11
  Speaker 2: me wrong, sounds perfect in theory, it's not necessarily going
• 23:14
  Speaker 2: to work out that way because they're often like, oh,
• 23:17
  Speaker 2: it's just a hygiene factor. Oh, just as one of
• 23:19
  Speaker 2: our financial advice clients she needs a mortgage, can you
• 23:22
  Speaker 2: just get her one? Yeah, just honestly, whatever goes through easiest.
• 23:25
  Speaker 2: It's not putting just in the best possible position. So
• 23:28
  Speaker 2: to me, I'm gonna get a lot of hate for that.
• 23:30
  Speaker 2: I'm going to don't care because I'm not even an
• 23:33
  Speaker 2: advisor anymore. But these supermanagement companies or firms or whatever
• 23:36
  Speaker 2: they're calling themselves, if they only do super and they're
• 23:39
  Speaker 2: giving you access to their you know, super advisors, you
• 23:44
  Speaker 2: don't really need that. You're probably getting it free already
• 23:47
  Speaker 2: through your super fund. And for three thousand dollars to
• 23:50
  Speaker 2: do initial advice for only one stream, that's a lot.
• 23:55
  Speaker 3: Who's your first thought because we've spoken about this before,
• 24:00
  Speaker 3: but I feel like you're more similar to our listener
• 24:02
  Speaker 3: in that have you been approach based on I like
• 24:04
  Speaker 3: this before.
• 24:05
  Speaker 4: What would your instinct be if you were totally well
• 24:07
  Speaker 4: like as you guys know, I used to like kind
• 24:09
  Speaker 4: of work in super but I didn't initially think about
• 24:14
  Speaker 4: how that looked over thirty years. Like Jess, I think
• 24:17
  Speaker 4: you were like on top of it and you were like,
• 24:18
  Speaker 4: this seems really low but math math, and I guess,
• 24:22
  Speaker 4: like my my first red flag, maybe maybe my only,
• 24:26
  Speaker 4: because I'm not it was it was a while ago,
• 24:29
  Speaker 4: you guys, so my you know, it's not fresh in
• 24:31
  Speaker 4: the mind. But my first and maybe only red flag
• 24:34
  Speaker 4: was that if someone's guaranteeing any kind of grow.
• 24:38
  Speaker 2: Yes, that's a red flag in well.
• 24:41
  Speaker 4: No matter what it looks like, no matter like if
• 24:43
  Speaker 4: it's pretty much guaranteed like in this case, like seven
• 24:46
  Speaker 4: hundred thousand dollars, it's probably going to grow in thirty years.
• 24:49
  Speaker 4: But even then, like guaranteeing growth in any situation, I'm
• 24:52
  Speaker 4: kind of like red flag that's not okay. Yeah, I
• 24:54
  Speaker 4: like totally.
• 24:55
  Speaker 2: I like that also, Jess, that seven hundred thousand dollars
• 25:00
  Speaker 2: to quote guarantee growth to one point two million dollars.
• 25:03
  Speaker 2: That's promising a two percent interest rate return over thirty years. Yeah,
• 25:07
  Speaker 2: are you happy with two percent?
• 25:09
  Speaker 4: Yes?
• 25:09
  Speaker 3: I'm getting more on my savings acount right now. I'm
• 25:12
  Speaker 3: hanning like double that on my seat exactly.
• 25:15
  Speaker 2: We don't settle here nor bye. I think we'll wrap
• 25:18
  Speaker 2: it there because I obviously don't want to go too
• 25:21
  Speaker 2: too far into this but money dilemma person, could you
• 25:25
  Speaker 2: please DM me that company? Because I love this us
• 25:29
  Speaker 2: Yess the amount of times people dam me the companies
• 25:31
  Speaker 2: that have like approached them. And then Jess and I
• 25:33
  Speaker 2: sit at my laptop and I'm like, look at their pds,
• 25:36
  Speaker 2: look at this, look at that, let's have a read
• 25:37
  Speaker 2: through their license, what their heck? How do they get
• 25:39
  Speaker 2: away with this? Look at their fees? Because if they're
• 25:42
  Speaker 2: managing you're super right. I don't mean to be rude again.
• 25:45
  Speaker 2: There are lots of financial advisors who are very actively
• 25:48
  Speaker 2: managing super in a very very constructive way. And if
• 25:51
  Speaker 2: you need a financial advisor and you're looking at this
• 25:53
  Speaker 2: going v where the heck and do I go. You
• 25:56
  Speaker 2: can actually just go to our website and one of
• 25:58
  Speaker 2: my team members will at you with one of our
• 26:01
  Speaker 2: pre vetted financial advisors or mortgage brokers to make sure
• 26:05
  Speaker 2: you're in the best possible position. It's kind of like
• 26:07
  Speaker 2: I'm at you with my squad to make sure you're
• 26:09
  Speaker 2: not getting screwed over, which I think is smart. But
• 26:13
  Speaker 2: why such a high ongoing fee to manage super which
• 26:16
  Speaker 2: is essentially set and forget in a way that is
• 26:20
  Speaker 2: very Why are we doing that?
• 26:22
  Speaker 4: You guys are vigilantes and I love it.
• 26:24
  Speaker 2: I'm not having it. I'm not having it back, but
• 26:27
  Speaker 2: I think we'll leave it there. So if anyone wants
• 26:28
  Speaker 2: to slide into my dms with their financial advice fake companies,
• 26:32
  Speaker 2: not fake but a red flag companies flag, I feel
• 26:36
  Speaker 2: free because I love the goss. I love the drama.
• 26:38
  Speaker 2: I'm here for it. But you know what else, I.
• 26:40
  Speaker 4: Love more goss and more drama.
• 26:43
  Speaker 2: Let's talk about the conundrum that you guys slid into
• 26:46
  Speaker 2: our dams about this week? Are you strapped in, locked
• 26:48
  Speaker 2: and loaded and ready?
• 26:49
  Speaker 4: I am so ready?
• 26:51
  Speaker 2: You are ready? All right? So here's the dam. Hey,
• 26:53
  Speaker 2: she's on the money team. I have a money, lamb
• 26:55
  Speaker 2: before you. Yes, one of our friends is chronically stingy.
• 27:00
  Speaker 2: She earns a very good wage. Her husband also earns
• 27:02
  Speaker 2: a good income. Combined income, I reckon would be more
• 27:05
  Speaker 2: than three hundred thousand dollars, and she comes from a
• 27:08
  Speaker 2: very wealthy family. She invited twenty friends over for a
• 27:11
  Speaker 2: barbecue for her birthday and originally said that she's doing
• 27:14
  Speaker 2: a barbecue just byo your own booth. On the day
• 27:17
  Speaker 2: of the barbecue, she messages everyone again and tells everyone
• 27:20
  Speaker 2: that they have bought twenty four sausages for twenty people
• 27:24
  Speaker 2: and have some nibbles, and if you want something else
• 27:26
  Speaker 2: for the barbecue, then you need to bring whatever you
• 27:29
  Speaker 2: would want for yourself. I get that we're at a
• 27:32
  Speaker 2: cost of living crisis, but honestly, we are thirty three
• 27:34
  Speaker 2: and she could have easily spent one hundred dollars to
• 27:37
  Speaker 2: cater enough food for everybody. We not broke UNI students anymore.
• 27:41
  Speaker 2: What should we do? Do we call her out for
• 27:44
  Speaker 2: being stingy? Do we just accept it's her and move on? Help?
• 27:48
  Speaker 4: See, I have my best friend is just like this. Literally,
• 27:53
  Speaker 4: her birthday are two weeks ago. Everyone brought their own
• 27:56
  Speaker 4: food for the barbecue. She kind of like framed it
• 27:59
  Speaker 4: as a barbecue, and then everyone just knew to bring
• 28:01
  Speaker 4: her own food because we love her and we accept her.
• 28:04
  Speaker 4: She makes a lot of money.
• 28:05
  Speaker 2: But since your friend, babe, I just think it's okay.
• 28:10
  Speaker 4: I just think it's okay. I guess maybe give people
• 28:12
  Speaker 4: more notice. Feel like, hey, I'm having a barbecue. I
• 28:14
  Speaker 4: don't want to buy food for everyone, so I'll provide nibbles.
• 28:17
  Speaker 4: You just bring whatever meat you feel like eating on
• 28:20
  Speaker 4: the day, and we'll have like a nice I've been.
• 28:22
  Speaker 2: To lots of barbecues like that. We're gonna have a
• 28:24
  Speaker 2: barbecue at my place. I'm going to do a few salads,
• 28:26
  Speaker 2: bring whatever you want to chuck on the barbie. Totally
• 28:29
  Speaker 2: like drinks. That's fine.
• 28:30
  Speaker 4: Yeah, yeah, I.
• 28:31
  Speaker 2: Think it's completely fine.
• 28:32
  Speaker 4: And like, honestly, three hundred thousand for two people in
• 28:35
  Speaker 4: this economy. I mean, obviously I'm not making anyone new,
• 28:39
  Speaker 4: even one of them, but I just think due to
• 28:43
  Speaker 4: the economy right now, due to the cost of living, due.
• 28:45
  Speaker 2: To what do you call it V when you lifestyle creep.
• 28:48
  Speaker 4: Yes, lifestyle creep and all these things, I'm like, you know,
• 28:51
  Speaker 4: it's probably not even that March at the end of
• 28:55
  Speaker 4: the day, you know what I mean, Like, it's a
• 28:57
  Speaker 4: lot for some people, but for someone who's kind of
• 29:00
  Speaker 4: this lifestyle for a long time, it's probably not that much.
• 29:03
  Speaker 4: Like I say, little Bee, I think she's allowed.
• 29:06
  Speaker 2: I'm laughing because I feel like I know what Jess
• 29:09
  Speaker 2: is gonna say, because like she's got an Italian background haha.
• 29:12
  Speaker 2: And like I had like a little dinner the other
• 29:15
  Speaker 2: night with a couple of girlfriends over and Jess was there,
• 29:18
  Speaker 2: and like I said, now it's all catered, like booze
• 29:20
  Speaker 2: and food, don't worry, don't bring anything. She still brought stuff.
• 29:23
  Speaker 2: Obviously it's Jess. So I'm just like, what is your thoughts, Jess.
• 29:26
  Speaker 3: I'm kind of into minds because I do if I
• 29:29
  Speaker 3: was to host personally, I would take care of everything.
• 29:33
  Speaker 3: But I think it's a very dangerous game to start
• 29:35
  Speaker 3: implying that just because someone earns more than you, they
• 29:39
  Speaker 3: should or should not be able to pay more for something.
• 29:44
  Speaker 3: And I guess the timeframe thing is definitely I suppose
• 29:47
  Speaker 3: the here for me. I think if you want people
• 29:51
  Speaker 3: to bring their own stuff, that's so fine. Set that
• 29:53
  Speaker 3: expectation at the beginning, invite them to the part. Yeah,
• 29:56
  Speaker 3: because some people might be in the position where they
• 29:58
  Speaker 3: can't afford to bring a plate or can't afford to something,
• 30:00
  Speaker 3: and so you know, they're saying yes based on assuming
• 30:03
  Speaker 3: that it's all catered. Then they realize that they have
• 30:05
  Speaker 3: to help Kate. So I think that that is the
• 30:07
  Speaker 3: thing that I don't necessarily agree with, but I think that, yeah,
• 30:10
  Speaker 3: you're right, Like, if that's the way that you want
• 30:12
  Speaker 3: to do it, maybe they just couldn't be both cooking everything,
• 30:14
  Speaker 3: you know, or maybe there's another reason that isn't necessarily stinginess.
• 30:19
  Speaker 3: But I don't think that setting that boundary is necessarily
• 30:22
  Speaker 3: a bad thing. Yeah, it's different in different friend groups too.
• 30:25
  Speaker 3: If everybody else when they host caters for everybody and
• 30:29
  Speaker 3: they're the one friend that isn't doing that, you know,
• 30:32
  Speaker 3: and you want to have a conversation about that by
• 30:34
  Speaker 3: all means, But I think be really gentle because you
• 30:36
  Speaker 3: don't know what someone's finances look like.
• 30:38
  Speaker 2: Either.
• 30:38
  Speaker 3: You don't know if they're paying off huge amounts of debt.
• 30:41
  Speaker 3: You know, maybe they've got this nice lifestyle but they're
• 30:43
  Speaker 3: living on credit cards or whatever. Like I just think
• 30:45
  Speaker 3: that the I'm kind of taking it away from the
• 30:48
  Speaker 3: original question. But I think the thing that I'm that
• 30:50
  Speaker 3: I don't love in this dilemma is that the idea
• 30:53
  Speaker 3: that just because somebody earns more, that they should have
• 30:57
  Speaker 3: a responsibility to be more financially responsible, which isn't completely watching.
• 31:01
  Speaker 2: Is their budget not your budget?
• 31:03
  Speaker 3: Yeah, and I know that that's not really what our
• 31:05
  Speaker 3: dilimma person is staying either, But I'm just conscious of
• 31:09
  Speaker 3: that school of thought I think can be a little
• 31:11
  Speaker 3: bit dangerous or unfair, but it is difficult. Like if
• 31:15
  Speaker 3: your friend is always doing this and everyone else is
• 31:17
  Speaker 3: paying that, I can see where that would be irritating
• 31:19
  Speaker 3: to Yes.
• 31:20
  Speaker 2: I think the question needs to be broken into two
• 31:22
  Speaker 2: questions because I think that there's clearly some underlying stuff
• 31:26
  Speaker 2: going on in addition to this. Right, So the first
• 31:30
  Speaker 2: question and the real question here is my friend organized
• 31:34
  Speaker 2: to barbecue. She's having twenty people over and she said
• 31:37
  Speaker 2: she's doing the barbecue. Jest, you need to bring the boost.
• 31:40
  Speaker 2: All of that's fine. Last minute she tells you you
• 31:44
  Speaker 2: need to organize some food for yourself to bring to
• 31:46
  Speaker 2: this party.
• 31:47
  Speaker 3: Not good enough.
• 31:48
  Speaker 2: I go, oh, that's just annoying, because like I'm the
• 31:51
  Speaker 2: type of person who'd want to prep something and chuck
• 31:53
  Speaker 2: it in the fridge the night before, or go to
• 31:55
  Speaker 2: the supermarket, or have a think about like, oh, I
• 31:58
  Speaker 2: really want to get this thing from Audi. Like to me,
• 32:01
  Speaker 2: going to somebody else's house and taking something requires a
• 32:04
  Speaker 2: bit more planning than just popping past calls on the
• 32:06
  Speaker 2: way there. I totally could pop class calls on the
• 32:08
  Speaker 2: way there and pick up a container of snags and
• 32:11
  Speaker 2: it should not be an issue because I was probably
• 32:14
  Speaker 2: going to make lunch at home anyway.
• 32:15
  Speaker 6: Right.
• 32:16
  Speaker 2: So that's the question. During a cost of living crisis,
• 32:20
  Speaker 2: can you at the last minute bring another budget thing
• 32:23
  Speaker 2: on somebody else and be like, oh, hey, that barbecue
• 32:26
  Speaker 2: I'm having today, you actually have to go buy some
• 32:28
  Speaker 2: more stuff for it.
• 32:29
  Speaker 3: Not last minute?
• 32:30
  Speaker 2: Not last minute? Not fair. I think that that, to
• 32:33
  Speaker 2: me is the question. The underlying issue here, to me,
• 32:36
  Speaker 2: is actually more about the person that's written in. I
• 32:39
  Speaker 2: want to know why you care so much about what
• 32:42
  Speaker 2: your friend is earning and what they're doing with their money.
• 32:45
  Speaker 2: Why are you guessing how much that combined household has
• 32:50
  Speaker 2: in income we know in today's world. And I wrote
• 32:54
  Speaker 2: an article in the Age and the City Morning Herald
• 32:56
  Speaker 2: a couple of weeks ago about this that the average
• 33:00
  Speaker 2: or the average couple purchasing a home now needs three
• 33:04
  Speaker 2: hundred thousand dollars worth of income to be really comfortable.
• 33:08
  Speaker 2: So we're not talking and I'm not saying that that's
• 33:11
  Speaker 2: normal by any stretch of the imagination. But here you
• 33:14
  Speaker 2: are going, Oh, well, her husband earns a good income
• 33:17
  Speaker 2: and she earns good money, and they should serve me.
• 33:20
  Speaker 2: She comes from a wealthy family. What's that got to
• 33:23
  Speaker 2: do with her catering your barbecue? She wanted to have
• 33:26
  Speaker 2: a social gathering because the end of the day. I
• 33:28
  Speaker 2: was at my house one day and I was like,
• 33:30
  Speaker 2: I'd love to have Beck over for dinner. That's the conversation,
• 33:34
  Speaker 2: not what my history is, what my background is, what
• 33:37
  Speaker 2: financial status I'm in. Because Beck, you could do the same.
• 33:41
  Speaker 2: You could be like, I want THEE and Jess to
• 33:42
  Speaker 2: come over for dinns. That'll be fun. Jess, I'll cook
• 33:45
  Speaker 2: the like, bring some booze. Don't worry if you then
• 33:48
  Speaker 2: sprung it on us. Oh, by the way, you're coming
• 33:50
  Speaker 2: over for dinner, could you bring the food as well?
• 33:52
  Speaker 2: I'd be like, rowd, I'm so excited for Beck's cooking
• 33:56
  Speaker 2: and everything to do with why you're thinking about that,
• 33:59
  Speaker 2: And I also look at it and go, should you
• 34:01
  Speaker 2: call anyone out for their stinginess? No, it's not your place.
• 34:05
  Speaker 2: We've talked about this on the podcast before. You don't
• 34:07
  Speaker 2: know what she's been through. You're assuming she's coming from
• 34:10
  Speaker 2: a very wealthy family. What if there's a lot of
• 34:13
  Speaker 2: financial abuse in that wealthy family where Jess, you know,
• 34:17
  Speaker 2: mum and dad are super wealthy, and they only give
• 34:19
  Speaker 2: Jess money if Jess does a certain thing or studies
• 34:23
  Speaker 2: something particular, or you know, is home by a certain
• 34:26
  Speaker 2: time every night, and money's really triggering for her because
• 34:29
  Speaker 2: at the end of the day, it's a way that
• 34:31
  Speaker 2: other people are controlling her.
• 34:33
  Speaker 4: Yeah.
• 34:33
  Speaker 2: Yeah, What if money is really really fickle and she's
• 34:36
  Speaker 2: being stingy because she's trying to live within her means,
• 34:39
  Speaker 2: because she never wants to rely on her family. These
• 34:41
  Speaker 2: are things that we're not thinking about when calling somebody
• 34:44
  Speaker 2: else out for being stingy. And if you're calling someone
• 34:46
  Speaker 2: out for being stingy and you don't know their whole
• 34:48
  Speaker 2: money story, you cannot say that there's got to be
• 34:51
  Speaker 2: more of a story.
• 34:52
  Speaker 3: I feel like you don't label someone stingy off of
• 34:54
  Speaker 3: the back of one or two things. So I feel
• 34:56
  Speaker 3: like we're missing a lot of context here that would.
• 34:59
  Speaker 2: Maybe calling people stingy. I just think it's so rude.
• 35:02
  Speaker 2: Like imagine if we called Beck stingy? Is she no?
• 35:06
  Speaker 2: You know what Beck is? She's super generous, she's good
• 35:08
  Speaker 2: at blowing all the cash, let's be honest. So is
• 35:11
  Speaker 2: she being stingy or did she just not have the
• 35:13
  Speaker 2: cash for that thing right now?
• 35:14
  Speaker 3: Yeah?
• 35:15
  Speaker 2: Totally, And it's not a stingy Beck.
• 35:17
  Speaker 1: No.
• 35:17
  Speaker 2: I wouldn't say that at all, Like out a fight
• 35:19
  Speaker 2: with her before recording, because she was like, oh, do
• 35:21
  Speaker 2: you want me to get to your coffee? And I
• 35:22
  Speaker 2: was like, I can get my own. She's like, why
• 35:24
  Speaker 2: do you always do this? Do you know what I mean? Like,
• 35:27
  Speaker 2: it's not the stinginess that's a problem, it's your perception
• 35:30
  Speaker 2: of it. And if you call somebody else stingy, you're
• 35:33
  Speaker 2: judging the way that they are acting with money. You
• 35:37
  Speaker 2: need to think more about yourself, bab.
• 35:38
  Speaker 3: Yeah, because the situation with that first question that you asked,
• 35:41
  Speaker 3: you know, is it okay to change the thing last minute?
• 35:43
  Speaker 3: Is an organizational thing. It's not that they're stingy. It's
• 35:47
  Speaker 3: that they've told you something last minute, yes, which is
• 35:49
  Speaker 3: a whole different thing.
• 35:50
  Speaker 2: Yeah, that is very true, and that I get with
• 35:52
  Speaker 2: thirty three. But she totally could have spent the one
• 35:55
  Speaker 2: hundred dollars and catered it better.
• 35:57
  Speaker 3: A lot of money.
• 35:58
  Speaker 2: Hundred dollars is a lot of money. So it's actually
• 36:00
  Speaker 2: not that much food at the supermarket these days.
• 36:02
  Speaker 3: Oh no, I said that on literally one bag of groceries.
• 36:05
  Speaker 3: Nearly died.
• 36:05
  Speaker 2: I'm so basic. Things not in my head. Me popping
• 36:09
  Speaker 2: to the supermarket is like a thirty dollars trip, right, totally,
• 36:12
  Speaker 2: Like if I haven't gotten in my head in my head,
• 36:14
  Speaker 2: we're not saying that's reality. And the other day I
• 36:17
  Speaker 2: was like looking at my receipt and I've gotten like
• 36:19
  Speaker 2: some stuff for dinner because somehow I'd eat all my
• 36:22
  Speaker 2: Marley spoons. And actually I had to go to the
• 36:23
  Speaker 2: shops myself, rude obviously got some little treaty treats. Myself
• 36:28
  Speaker 2: of course, picked up some cat and dog stuff. All fine,
• 36:31
  Speaker 2: what do you mean it's one hundred and twenty bucks
• 36:32
  Speaker 2: if there's only one bag of groceries here, sir? No, Like,
• 36:36
  Speaker 2: is this faulty machine? It wasn't everything's just getting so expensive?
• 36:40
  Speaker 2: So I don't know. I think this underlying idea that
• 36:44
  Speaker 2: you're going. Honestly, we're thirty three and she could have
• 36:46
  Speaker 2: easily spent one hundred dollars to cater that's your entitlement showing,
• 36:51
  Speaker 2: and I don't like it.
• 36:52
  Speaker 3: Yeah. What did everybody else say?
• 36:53
  Speaker 1: Though?
• 36:54
  Speaker 2: All right, so they're probably gonna be nice In the main.
• 36:57
  Speaker 2: We asked you a few questions. I'll get through those,
• 37:00
  Speaker 2: then i'll tell you what people said. First question we asked,
• 37:02
  Speaker 2: we said, do you think it's unreasonable for the birthday
• 37:04
  Speaker 2: girl to tell her friends to bring food to her party?
• 37:07
  Speaker 2: Sixty seven percent said yep, she should one hundred percent
• 37:10
  Speaker 2: supply more food, and thirty three percent said no, it's
• 37:13
  Speaker 2: actually really normal for people to be asked to bring food,
• 37:16
  Speaker 2: which I think is answering that initial question without yeah
• 37:20
  Speaker 2: the judgment. Question two, we said, if yes, and this
• 37:24
  Speaker 2: was your friend, would you call them out on it?
• 37:26
  Speaker 2: Thirty four percent said Yep, I would totally call them
• 37:28
  Speaker 2: out for being stingy rude. Sixty six percent of you though,
• 37:32
  Speaker 2: you're on our team. Nope, it's not my place to
• 37:34
  Speaker 2: say anything. Question three, we said, do you think just
• 37:38
  Speaker 2: because someone earns a good wage and is tight with
• 37:40
  Speaker 2: their money, they should be labeled as stingy. Fifty seven
• 37:44
  Speaker 2: percent of you said if they won't buy more than
• 37:46
  Speaker 2: twenty four sausages, then yes, forty three percent of you
• 37:49
  Speaker 2: said no, they might be saving for something. Yeah, yes,
• 37:53
  Speaker 2: I think is fair. And then we obviously said, guys,
• 37:55
  Speaker 2: what's your two cents? So here's the first comment. The
• 37:58
  Speaker 2: host should have asked everyone to bring a plate from
• 38:00
  Speaker 2: the very start. Wouldn't have been an issue if that
• 38:02
  Speaker 2: was the case. Someone else said, you should have been
• 38:05
  Speaker 2: really clear that it was bwayo food from the outset.
• 38:08
  Speaker 2: Someone said, in my friend's circle, we would always bring
• 38:11
  Speaker 2: a dish anyway. Some of us earn more money than others.
• 38:14
  Speaker 2: Someone said, I hate the idea that because you earn
• 38:17
  Speaker 2: good money, you should be paying for other people's things.
• 38:21
  Speaker 2: Totally agree. It's totally okay to ask people to be
• 38:24
  Speaker 2: bringing food, but kind of rude to be showing up
• 38:27
  Speaker 2: empty handed anyway, tbh. Jessica would never I kind of
• 38:32
  Speaker 2: agree with that. Jessica made the other day the best gingerbread.
• 38:36
  Speaker 2: Men like them? Yeah, it's like I liked the half
• 38:38
  Speaker 2: of one I got because Jess left me with some
• 38:41
  Speaker 2: of them. Obviously, my husband got to the before me,
• 38:44
  Speaker 2: and then I saw him walking down the hallway and
• 38:46
  Speaker 2: I'm like, what's that. He was like, it's a gingerbread
• 38:48
  Speaker 2: and I was like, that one was my one. He
• 38:51
  Speaker 2: was like, but you didn't need it yet, Like apparently
• 38:53
  Speaker 2: if it's just left out, it's fair game.
• 38:56
  Speaker 3: Everyone for themselves.
• 38:57
  Speaker 2: It was a full fight. So Jess got the top
• 39:00
  Speaker 2: with a Christmas tree. It I like, fool took it
• 39:03
  Speaker 2: off him and I was like, this is not yours.
• 39:04
  Speaker 2: I'll thank you, thank you, thank you. Someone said always
• 39:08
  Speaker 2: play broke can't buy wine or share, but can seem
• 39:11
  Speaker 2: to travel to Hawaii and Canada twice a year. I
• 39:14
  Speaker 2: think that they're talking about one of their friends, which okay,
• 39:19
  Speaker 2: So you're saying that your friend values travel over buying
• 39:23
  Speaker 2: wine and wants to split the cost of an uber
• 39:27
  Speaker 2: because you both incurred that cost they're allowed. Yeah, isn't
• 39:31
  Speaker 2: that wild? Anyway? Someone said, you guys could have gone
• 39:34
  Speaker 2: somewhere and not hosted twenty people. There were so many
• 39:36
  Speaker 2: other options. It's tree, you could have gone out. That's
• 39:39
  Speaker 2: more expensive, though.
• 39:40
  Speaker 4: It sometimes ends up being more expensive, and I.
• 39:42
  Speaker 2: Love a little at home little shindigla. Yeah. Someone said,
• 39:48
  Speaker 2: if you can't afford it, don't suggest it in the
• 39:50
  Speaker 2: first place. I think it should just be the expectation
• 39:53
  Speaker 2: that's set from the outset.
• 39:55
  Speaker 3: Yeah. I think it's if you don't want to pay
• 39:57
  Speaker 3: more than a certain amount. She just should have sent
• 39:59
  Speaker 3: the message that she sent when she first organized. Yeah, like, hey, guys,
• 40:02
  Speaker 3: I'm gonna have this many sausages and some nibbles and stuff.
• 40:05
  Speaker 3: If you want anything else, feel free.
• 40:07
  Speaker 2: To be Yoh. Someone said, a good wage doesn't mean
• 40:10
  Speaker 2: that they're not in debt. Debt is not visible. They
• 40:12
  Speaker 2: could be paying for something large, like medical bills or
• 40:15
  Speaker 2: some debt they got into when they were younger. Totally.
• 40:17
  Speaker 2: Someone else said, you don't actually know that you're making
• 40:20
  Speaker 2: a grand assumption. What if she had a pay cut
• 40:22
  Speaker 2: or there are some personal circumstances you weren't provy too. Yeah,
• 40:26
  Speaker 2: I think she would work out well on the she's
• 40:28
  Speaker 2: on the money team.
• 40:29
  Speaker 4: Yeah. I just want to quickly mention also, I forgot
• 40:31
  Speaker 4: about this, but nibbles. I literally spent one hundred pinbble.
• 40:35
  Speaker 4: You want a cheese platter, so nibbles can be I'll
• 40:37
  Speaker 4: put of one hundred.
• 40:38
  Speaker 3: Dollars depending on nibbles, could be like little kishas or
• 40:42
  Speaker 3: party pies or like something that if you have that
• 40:44
  Speaker 3: alongside your larger meal like box it out.
• 40:47
  Speaker 4: Yes, totally, I agree.
• 40:49
  Speaker 2: I've been trying to do like cheaper things. So the
• 40:53
  Speaker 2: other night when the girls came over, I didn't do
• 40:56
  Speaker 2: a big cheese platter because they are so expensive to
• 40:58
  Speaker 2: pull together. But I did do like, and I'm famous
• 41:01
  Speaker 2: for this, It's on Instagram if you want it, but
• 41:05
  Speaker 2: a baked bree because like it's quite hefty, but like,
• 41:08
  Speaker 2: at the same time, it's not just a bree and
• 41:10
  Speaker 2: six million crackers around it and then having to like
• 41:12
  Speaker 2: bulk it out. I baked one bree with like a
• 41:15
  Speaker 2: packet of Filo pastry around it, so it became like
• 41:19
  Speaker 2: the centerpiece of what we're having. And then we had
• 41:21
  Speaker 2: you know, some fresh baghette and like some dip and
• 41:23
  Speaker 2: some tomato stuff and it was really nice still, but honestly,
• 41:27
  Speaker 2: it was so much cheaper than going and like putting
• 41:30
  Speaker 2: together a cheese platter, because in my head, if I'm
• 41:32
  Speaker 2: putting together a cheese platter, well I'm going to need
• 41:34
  Speaker 2: a hard cheese. I'm going to a soft cheese like grape.
• 41:39
  Speaker 2: But you know what I mean, it like adds up
• 41:41
  Speaker 2: and all the like little things are expensive on that
• 41:43
  Speaker 2: platter totally, whereas like a beautiful little Bree and it
• 41:47
  Speaker 2: doesn't even have to be expensive because you gonna bake
• 41:48
  Speaker 2: it anyway. And then the feel it it worked out
• 41:51
  Speaker 2: so well was in our newsletter a couple of weeks ago.
• 41:56
  Speaker 2: We are not baking it. I don't know what salary
• 41:58
  Speaker 2: you've got to be able to bake your das and
• 42:01
  Speaker 2: that's not where Jess and I live. We can't, all right,
• 42:04
  Speaker 2: Two more one said and I liked this one because
• 42:07
  Speaker 2: they did make me laugh. Sounds like that person who
• 42:10
  Speaker 2: wrote into you guys is a judge e mc judge, judge.
• 42:13
  Speaker 2: I don't want a friend like that. And then they
• 42:15
  Speaker 2: did like four red flag emojis, and then someone else said, honestly,
• 42:20
  Speaker 2: it's just the last minuteness of it all. It's so
• 42:22
  Speaker 2: fine to ask if food can be provided, planning needs
• 42:26
  Speaker 2: to be requested ahead, so and then they said last
• 42:30
  Speaker 2: minute is quite rude. So I just agree with that.
• 42:33
  Speaker 2: I just think give people time. Yeah, I want to
• 42:36
  Speaker 2: make a bag to Bree and bring it, do I
• 42:38
  Speaker 2: can't do that in five minutes because I'm really like
• 42:42
  Speaker 2: slow cook.
• 42:45
  Speaker 4: But no, that's so true. I think general, I think
• 42:47
  Speaker 4: we're all on.
• 42:48
  Speaker 2: The same page. Yes, don't be judge. Everyone has a
• 42:51
  Speaker 2: different financial circumstance. And if you think someone is stingy,
• 42:55
  Speaker 2: have you actually thought about what their money story could
• 42:57
  Speaker 2: be to lead them to be like that? With myne me? Also,
• 43:01
  Speaker 2: what do you I have this genuine belief? Sorry, going
• 43:04
  Speaker 2: back on a thing again, you cannot tell someone something
• 43:08
  Speaker 2: about themselves that they cannot change in ten seconds. So
• 43:11
  Speaker 2: like Becca, I could be like, oh, there's something in
• 43:13
  Speaker 2: your teeth, or hey, can I grab something out of
• 43:15
  Speaker 2: your hair? Or oh, my gosh, did you realize your
• 43:16
  Speaker 2: jump us on backwards? Like things that you can immediately
• 43:19
  Speaker 2: change about yourself so you can go, oh, thanks, b
• 43:22
  Speaker 2: And obviously you're not going to say it in front
• 43:24
  Speaker 2: of a group of people. You'll be like, oh, Beck,
• 43:25
  Speaker 2: you jumpies on backwards and you go, oh my god,
• 43:27
  Speaker 2: of course it is. If you can't fix it in
• 43:30
  Speaker 2: ten seconds, you should not be pointing that out to
• 43:33
  Speaker 2: somebody else. You're going, oh, Jess, you're really stingy. Wait
• 43:36
  Speaker 2: what that's so rude? One out of ten one out
• 43:40
  Speaker 2: of ten, So let's leave it there for this week.
• 43:41
  Speaker 4: What do you reckon singing?
• 43:42
  Speaker 6: Sister?
• 43:43
  Speaker 2: Have a good weekend, my loves, and we will see
• 43:44
  Speaker 2: you bright and early for another money diary on Monday.
• 43:47
  Speaker 2: Bye guys, byee.
• 43:55
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• 43:58
  Speaker 6: in nature and does not consider individual circumstances. She's on
• 44:02
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• 44:05
  Speaker 6: be relied upon to make an investment or financial decision.
• 44:09
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• 44:11
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• 44:15
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