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FRIDAY DRINKS: One More Sleep! · She's On The Money

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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
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Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
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Speaker 1: we get started on She's on the Money podcast, I
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Speaker 1: would like to acknowledge the traditional custodians of the land
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Speaker 1: of which this podcast is recorded on a wondery country,
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Speaker 1: acknowledging the elders, the ancestors and the next generation coming
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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
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Speaker 1: and the storytelling of you to make a difference for
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Speaker 1: today and lasting impact for tomorrow.
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Speaker 2: Let's get into it.
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Speaker 3: She's on the Money. She's on the Money.
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Speaker 4: Hello, and welcome to She's on the Money, the podcast
1:00
Speaker 4: for Brides who want financial freedom. Today is Friday, which
1:04
Speaker 4: means it is time to sit back with the girls
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Speaker 4: with a bev in hand, to celebrate Victoria's upcoming wedding,
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Speaker 4: but also to unpack our favorite moments of the week,
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Speaker 4: and of course to celebrate you me my wedding, but
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Speaker 4: also you guys, our incredible She's on the Money community.
1:20
Speaker 4: As always, we're going to be sharing our favorite money wins.
1:22
Speaker 4: We're going to discuss what's making news in the Finance World,
1:25
Speaker 4: and we're going to be helping answer a juicy money question,
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Speaker 4: which this week isn't about money, it's about employment.
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Speaker 5: We're going to be talking about how to approach your employer.
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Speaker 4: When it comes to difficult conversations about salary and job description.
1:37
Speaker 4: But first, as always, it is time to recap the
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Speaker 4: week that was. Missus greed she what have you got
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Speaker 4: for us this week?
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Speaker 6: Staris was an absolute powerhouse and I think her childhood
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Speaker 6: had a little bit to do or a lot to
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Speaker 6: do with her money story. She said she grew up
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Speaker 6: with a single mum who worked really hard to give
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Speaker 6: her the things that she needed, and she ended up
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Speaker 6: going out and buying her first property or by herself,
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Speaker 6: which she now rents to her grandparents, which is very,
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Speaker 6: very wholesome. She leveraged the equity from that property to
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Speaker 6: get into a second home, and she really just worked
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Speaker 6: super hard to build everything up for herself. She's just
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Speaker 6: started her investment journey, which we love to see. And
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Speaker 6: it was really fun because she was telling us about
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Speaker 6: her partner, who is a financial advisor as well, and
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Speaker 6: she was saying that her partner was so impressed with
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Speaker 6: how much she knows and she learned it all in
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Speaker 6: the pod, which was just the sweetest thing ever. And
2:23
Speaker 6: we thought we'd spice your Sunday up this week with
2:26
Speaker 6: a very special bonus episode which was all about the
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Speaker 6: psychology of saving Victoria had a special guest, doctor Lily
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Speaker 6: Sussman join her. Lily's actually a social scientist and the
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Speaker 6: chief strategy officer at Weiser. Her PhD research at Harvard
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Speaker 6: was on decision making, behavioral economics and psychology in foreign
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Speaker 6: policy decision making, so she's very smart and very legitimate,
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Speaker 6: and it was a super interesting chat all about the
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Speaker 6: kind of taboo topic of financial stress and the disconnect
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Speaker 6: between the intention and action, as well as the importance
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Speaker 6: of self love and how to make meaningful change. It
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Speaker 6: was such a good episode, and that meant that you've
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Speaker 6: got five episodes this week, including Radio How Crazy Is That?
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Speaker 4: And straight over to you on the other side of
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Speaker 4: the table, Miss Georgia King. What did we talk about
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Speaker 4: on our Wednesday episode?
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Speaker 7: Hello VD? We spoke all about passive investing, so we've
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Speaker 7: spoken about it briefly in contrast to active investing fairly recently,
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Speaker 7: a few months ago maybe, but this time we really
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Speaker 7: honed in on exactly what passive investing is. We learned
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Speaker 7: that it's very much long term strategy, it's lower risk
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Speaker 7: than a more active approach, and that it primarily uses
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Speaker 7: index funds.
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Speaker 2: But because there's plenty more to.
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Speaker 4: Know, I love that one of my favorite topics, to
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Speaker 4: be honest, hot girl stuff is definitely passive invest Ten
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Speaker 4: out of ten gives you more time for other stuff
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Speaker 4: that you might want to get done. All right, Georgia King,
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Speaker 4: it's time for our budget direct money wins and confessions
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Speaker 4: of the week.
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Speaker 5: What have you got for us?
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Speaker 7: Alrighty, girly, So the first win of the week comes
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Speaker 7: from Carolyn. I've been looking for a four match of
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Speaker 7: powder everywhere. I was shopping at Aldi today and it
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Speaker 7: was only seven dollars ninety nine for one hundred and
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Speaker 7: thirty grams. That was down from nine dollars ninety nine.
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Speaker 2: If that was that'sn't already cheaping up?
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Speaker 5: I mitcha. I don't know.
4:15
Speaker 2: Have you guys been to much a Maiden?
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Speaker 4: No, but it used to be owned by my friend
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Speaker 4: Sarah Holloway. Not anymore, Sarah Davidson. Sorry, she's gotten spiritual
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Speaker 4: of Sarah. Congradulation, Lady Sarah.
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Speaker 5: I sold it. What a baller.
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Speaker 4: Imagine being an owner of a business meanings I sold
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Speaker 4: the business absolutely still don't know how much match it costs,
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Speaker 4: but moving on, carry on the next week it comes
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Speaker 4: from Sammy, I did my groceries online for the first time,
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Speaker 4: which means I only bought what we actually needed. Weird
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Speaker 4: flex it cost me half as much as what it
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Speaker 4: usually does if I go into the store. Do you
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Speaker 4: guys ever shop online?
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Speaker 1: We do?
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Speaker 6: You click and collect sometimes, but I don't like that.
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Speaker 6: You don't get to pick your producer and meat, and
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Speaker 6: I only will try and get things that are like,
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Speaker 6: not very ripe so that I have lots of time
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Speaker 6: to use them, whereas I feel like sometimes if they've
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Speaker 6: got a clear stuff out that goes into the click
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Speaker 6: and collect waters Yeah, yeah, so I don't love that.
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Speaker 4: Can you leave a note and be like, hey, I
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Speaker 4: want unwrite bananas and they'll be like, okay, scener worries.
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Speaker 7: I think it could be a solution. Yeah, okay, all right,
5:13
Speaker 7: well done, Sammy. The next win it comes from Lena
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Speaker 7: money Win. I've been the only one at my gym's
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Speaker 7: group class lately, which means I'm getting a private session
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Speaker 7: for free gohod, that's.
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Speaker 5: Actually so smart.
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Speaker 4: And you're not even paying for a group session. You're
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Speaker 4: just going to the gym and getting free pet exactly.
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Speaker 2: Not bad.
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Speaker 7: Next win comes from Courtney money Win. My family are
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Speaker 7: always extremely generous when it comes to birthdays and Christmases,
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Speaker 7: and I have a habit of stashing these cards away
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Speaker 7: with money inside for a rainy day. Anyway, I decided
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Speaker 7: it was finally time to clean up my office today
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Speaker 7: and inside an old birthday card was a cheeky two
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Speaker 7: hundred and fifty dollars.
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Speaker 5: Oh she wasn't joking when she said they were generous.
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Speaker 7: Very generous. I think I've only ever seen the red notes.
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Speaker 7: Oh yes, range, no pineapples for you, No pineapples for me.
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Speaker 7: The next win it comes from Leanne money Win. I
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Speaker 7: got a bigger yearly bonus from my employer, which wasn't expected.
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Speaker 7: That's paid for my brand new lounge.
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Speaker 5: We love to work.
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Speaker 7: The next one is a loss. It comes from DD
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Speaker 7: money Loss. I had to replace my car windshield, which
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Speaker 7: was five hundred and fifty dollars.
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Speaker 5: That's a lot of money.
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Speaker 7: Yeah, it's a big piece of glass though, and it
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Speaker 7: is a big piece of glass, but then DD wrote,
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Speaker 7: it wasn't as bad as I just started an emergency
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Speaker 7: fund for things exactly like this, and the relief of
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Speaker 7: having that there made a stressful situation really manageable. I
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Speaker 7: love that the final win of today Ladies comes from Katie,
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Speaker 7: and it's a really good idea money win. Last year,
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Speaker 7: my partner and I were gifted a super snazzy coffee
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Speaker 7: machine for our engagement party. I decided to set myself
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Speaker 7: a challenge and every time I made a coffee at home,
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Speaker 7: I would transfer the five dollars that I would have
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Speaker 7: spent at the cafe into my brokerage account for investing.
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Speaker 7: Oh smart, I just hit the one year mark of
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Speaker 7: the challenge and I've crunched the numbers and there's now
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Speaker 7: two hundred and five dollars in there that I've been
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Speaker 7: able to save and invest, on top of what I
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Speaker 7: already put aside weekly.
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Speaker 5: How good is that it did you?
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Speaker 2: She didn't even miss it. She had that snazzy coffee machine.
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Speaker 2: Well done, Katie, but a good idea for all.
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Speaker 5: I love it.
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Speaker 4: Also, what kind of person gets engaged and gets a
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Speaker 4: bougie coffee machine? Those things are close to two grand?
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Speaker 2: A lucky person.
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Speaker 5: That's a lot. That's a good present.
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Speaker 4: All right, gee, as always, it has been fantastic celebrating
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Speaker 4: some of your budget Direct money wins. Budget Direct winner
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Speaker 4: of kan Stars Insurer of the Year Award twenty twenty two.
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Speaker 4: Budget Direct Insurance Solved. All right, we're going to go
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Speaker 4: to a really quick break and after that we're going
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Speaker 4: to be talking about Patagonia when it comes to finance news,
7:49
Speaker 4: and we've got a good question about employment and how
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Speaker 4: to discuss tricky topics with your boss.
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Speaker 5: Don't go anywhere writing, guys.
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Speaker 6: I want to talk about Patagrone now, which for people
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Speaker 6: who aren't familiar, cute, little outdoorsy brand.
8:06
Speaker 5: They do little, bold.
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Speaker 6: Huge outdoorsy brand. They do clothes, they do hiking here.
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Speaker 6: They're very climate focused, which is important. Their founder, whose
8:16
Speaker 6: name we were playing on Google before to try and
8:20
Speaker 6: do we put.
8:20
Speaker 5: Your mic on it, standby Evon. Yeah him, I think
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Speaker 5: pretty well evil.
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Speaker 6: We're gonna call him Ivonyony. Sorry, I'm strange age Yvon
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Speaker 6: recently announced that he's given away almost all of the
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Speaker 6: company's ownerships that's Patagrone out to a nonprofit which is
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Speaker 6: dedicated to fighting climate change, which is freaking incredible. It's
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Speaker 6: flipping amazing, Like literally, he's a billionaire and he's like,
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Speaker 6: have all my company, but it's all good.
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Speaker 5: I'm just trying to say, it's a planet over here.
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Speaker 5: What are you doing? Elon Musk.
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Speaker 6: Yeah, he's pretty much dedicated. Excess profits from the company
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Speaker 6: will now go towards fighting the environmental crisis and defending
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Speaker 6: nature instead of going into the pockets of somebody or
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Speaker 6: sitting in a bank account or an investment or goodness
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Speaker 6: knows where. Since nineteen eighty five, the company's actually pledged
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Speaker 6: one percent of its annual sale to preserve and restore
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Speaker 6: the natural environment.
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Speaker 4: Which is big when it comes to a business because
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Speaker 4: it is hard to make profit in the best of times.
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Speaker 4: But to have pledged for so long one percent then
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Speaker 4: flipping around being like how jokes have it all?
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Speaker 5: Yeah.
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Speaker 6: In twenty eighteen, they actually changed their purpose statement to
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Speaker 6: We're in business to save our home planet. So it's
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Speaker 6: been something that's been really strongly aligned to their brand
9:31
Speaker 6: for a long time. We've spoken before about greenwashing and
9:33
Speaker 6: how brands often try to capitalize on the climate crisis
9:36
Speaker 6: and use it for their own benefit. This is such
9:39
Speaker 6: a good case of someone talking the talk and walking
9:42
Speaker 6: the walk in such an incredible way. So the company
9:45
Speaker 6: is now owned by the Patagonia Purpose Trust and the
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Speaker 6: environmental nonprofit the hold Fast Collective. So the hold Fast
9:51
Speaker 6: Collective now owned ninety eight percent of the company, but
9:53
Speaker 6: they won't have any decision making authority. So firstly, really
9:56
Speaker 6: interesting to know that you can kind of divvy up
9:58
Speaker 6: and compartmentalize those things. The profit go is here, but
10:01
Speaker 6: the decision making stas here.
10:02
Speaker 4: With a business, yes, you can have shareholders in the business,
10:05
Speaker 4: like for example, I'm a shareholder in Sheese on the Money,
10:07
Speaker 4: but I'm also the director, and if I had another shareholder,
10:10
Speaker 4: I might just be like, oh, you can come into
10:12
Speaker 4: business with me, but you can't be a director, so
10:13
Speaker 4: you can't make any decisions. You just own the company,
10:16
Speaker 4: kind of like when you list a business on the
10:17
Speaker 4: ASX or on any stock exchange. Really you just get
10:20
Speaker 4: to buy in, but you don't have any rights over
10:22
Speaker 4: how the company functions. Whereas sometimes people will come in
10:25
Speaker 4: and be like, well, if I'm buying such a big piece,
10:27
Speaker 4: I want to have a say. It just really depends
10:29
Speaker 4: on I guess what you want and how you want
10:31
Speaker 4: your business to function. So Obviously they've gone that way,
10:33
Speaker 4: and they still maintain that two percent share because they
10:36
Speaker 4: need to have some authority so that the business can
10:38
Speaker 4: continue to run. However, I just think it's really interesting.
10:41
Speaker 4: I think it's so cool.
10:42
Speaker 6: So do we know if this now makes them like
10:44
Speaker 6: a non for profit? No, so they're still operating as
10:48
Speaker 6: a for profit business. They're just obviously donating that ninety
10:51
Speaker 6: eight percent margin. And additionally, they're still going to donate
10:54
Speaker 6: that one percent of their annual sales to grassroots environmental
10:58
Speaker 6: nonprofits as well. So they're basically just saying take it all, like,
11:02
Speaker 6: take all of us him off the top. Obviously, they'll
11:04
Speaker 6: maintain a very small amount that will go to the family.
11:07
Speaker 6: In terms of profit, they're paying their salaries all of
11:09
Speaker 6: that stuff as normal. But they're donating what I would
11:12
Speaker 6: imagine to be a lot huge amount of money.
11:15
Speaker 4: Well, the businesses worth three billion dollars and get this
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Speaker 4: g real wholesome he said when he announced it, he
11:21
Speaker 4: was like, I am declaring the Earth will be the
11:23
Speaker 4: sole shareholder of my three billion dollar company, effective immediately.
11:29
Speaker 5: What a wholesome story.
11:30
Speaker 4: Though I know it happened a few weeks ago, but
11:32
Speaker 4: I keep getting DMS about it, which is why we're
11:34
Speaker 4: bringing it up. And I just think it's a really
11:37
Speaker 4: cool story, especially because I feel like there's so many
11:39
Speaker 4: negative stories around at the moment, and a lot of
11:41
Speaker 4: us are following the Twitter saga with Elon Musk, and
11:44
Speaker 4: to be honest, there's just not that many good news
11:47
Speaker 4: stories around. I think this one is just a really
11:49
Speaker 4: wholesome one that we should highlight.
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Speaker 2: Especially not about billionaires. Yeah, we love to see it.
11:54
Speaker 6: If you do need some outdoorsy gear, I would suggest
11:57
Speaker 6: how to go and is the best. They have really
11:59
Speaker 6: genuinely good stuff, and I think knowing that your money
12:01
Speaker 6: is going somewhere good is just the icing on the cake.
12:04
Speaker 4: Absolute loves Patagonia like him and his mates like hiking,
12:08
Speaker 4: so they're really into it. I've never given it a
12:09
Speaker 4: second thought.
12:10
Speaker 6: Go no now though, Yeah now, Yvonne, Yvonne, sorry you tried.
12:18
Speaker 5: It was worth it, you know what. I think you'll
12:19
Speaker 5: be happy with whatever.
12:21
Speaker 4: He doesn't really need the coverage A small podcast Austra Earlia.
12:25
Speaker 5: All right, let's move on, George King. What time is it?
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Speaker 2: It is money dilemma time?
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Speaker 5: All right, let's hear it, Hi, Beert, have you got.
12:34
Speaker 7: A money dilemma you just can't solve that. She's on
12:37
Speaker 7: the Money Team is here to help. Every week we
12:40
Speaker 7: tackle your dilemmas, both big and small, to answer your
12:42
Speaker 7: most burning money, career and life questions. To get involved,
12:46
Speaker 7: simply head to our website and leave us a quick
12:48
Speaker 7: voice recording and you may just find yourself on the show. Now,
12:51
Speaker 7: let's take a listen to today's money dilemma.
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Speaker 8: Hey guys, I just wanted to know how you might
12:57
Speaker 8: approach an employer and tell them in a polite way
13:02
Speaker 8: that the tasks or roles they are asking you to
13:06
Speaker 8: do or expecting you to do are not within your
13:09
Speaker 8: job description and they're quite frankly not paying you enough
13:12
Speaker 8: money to do those things.
13:15
Speaker 4: I guess I'll just dip out of this because we
13:17
Speaker 4: have one of the most enthusiastic employment not lawyers in
13:20
Speaker 4: the house.
13:21
Speaker 6: Just agreeen she giving you the angry eyes from the
13:24
Speaker 6: table sit down. Well, firstly, I love that she's like,
13:28
Speaker 6: I want to just politely say, girl.
13:32
Speaker 4: Your polite Jess, Like I like your all talk though,
13:35
Speaker 4: but every time we've ever had a conversation, you're like
13:38
Speaker 4: very very poised, very presentable, very kind, very well researched,
13:43
Speaker 4: I like to.
13:43
Speaker 5: Think, so.
13:44
Speaker 6: I think the big thing here is firstly, good on you,
13:46
Speaker 6: Queen for recognizing that you're being taken advantage of, because
13:50
Speaker 6: I think it's important to recognize that that is exactly
13:52
Speaker 6: what's happening, like things are being loaded onto your plate,
13:55
Speaker 6: and you know, to an extent, I think there's reasonable
13:58
Speaker 6: expansion of a role or reasonable growth because you would
14:01
Speaker 6: always hope that your business is moving forward and adjusting. However,
14:05
Speaker 6: if your salary is not adjusting in line with that,
14:08
Speaker 6: or if your hours are not adjusting in line with that,
14:11
Speaker 6: that is a bread flag. It is a crimson flag,
14:13
Speaker 6: as Victoria divine. So I think it's really important to
14:17
Speaker 6: have a conversation directly because more often than not, unfortunately
14:21
Speaker 6: it's very rare for an employer to flag this with you.
14:24
Speaker 6: It's going to be you having the conversation, and I
14:26
Speaker 6: think it's about walking into that conversation prepared af.
14:30
Speaker 4: So, be prepared, be prepared, Prepare to fail, prepare to fight.
14:35
Speaker 5: Actually quite dramatic. I'm just going to check it out bye.
14:38
Speaker 6: But I would say the best place to start with
14:40
Speaker 6: something like this is tracking your hours. Now, some businesses
14:43
Speaker 6: and industries do this already. If you work in law,
14:45
Speaker 6: it's super common to track your billable hours, and you
14:48
Speaker 6: know a lot of professional services are the same. But
14:51
Speaker 6: there are apps that you can get for free that
14:52
Speaker 6: will help you track your time. You can write it
14:54
Speaker 6: in Microsoft Word, you can put it in an.
14:56
Speaker 4: Excel spreadsheet, a notebook that you just keep on your desk.
15:00
Speaker 4: Don't even have to be official.
15:01
Speaker 6: No, anything that works, but you have to get yourself
15:03
Speaker 6: in that habit. I think of tracking your time and
15:05
Speaker 6: tracking how much time you're spending on certain tasks because
15:08
Speaker 6: I think it's really important that when you have these
15:10
Speaker 6: conversations you can come through with empirical data. It's one
15:13
Speaker 6: thing to say I feel like I'm being really overworked
15:16
Speaker 6: or I feel like I'm really exhausted, which is a
15:18
Speaker 6: valid thing to say, but it's much harder to kind
15:20
Speaker 6: of put a value on as opposed to saying, I
15:23
Speaker 6: am spending fifteen hours a week on something that wasn't
15:26
Speaker 6: even a part of my original role description, and that
15:29
Speaker 6: is a very different conversation to have. And from there,
15:31
Speaker 6: I guess it's about reflecting on whether do you want
15:34
Speaker 6: to hand those tasks off to somebody else? Do you
15:36
Speaker 6: want your compensation to adjust. Do you need to look
15:40
Speaker 6: at splitting your role into two roles.
15:42
Speaker 5: There are all of.
15:43
Speaker 6: These different avenues that you can take, and I think
15:44
Speaker 6: having clarity on that before you have the conversation with
15:47
Speaker 6: your employer means that you can go into the room
15:49
Speaker 6: and be really focused and say, this is what I'm doing,
15:52
Speaker 6: this is the problem, this is the outcome that I
15:54
Speaker 6: would like to see, And hopefully, if they're a good employer,
15:57
Speaker 6: they will be open to having that conversation with you,
15:59
Speaker 6: because if you are overworked or underpaid or unhappy, that's
16:04
Speaker 6: going to be a problem for them ultimately one.
16:06
Speaker 4: Hundred percent, and it impacts their productivity. And if they're
16:08
Speaker 4: trying to get too many things from you, they're going
16:10
Speaker 4: to get subparer of everything. So it's not a good
16:12
Speaker 4: idea from an employer's perspective. Like I would love to
16:16
Speaker 4: think that I'm attuned to this, but like, who knows,
16:19
Speaker 4: I might be living under a rock. I think the
16:21
Speaker 4: important thing is to approach these situations assuming that they
16:25
Speaker 4: don't know what's happening. Because if you're approaching Go Georgia King,
16:29
Speaker 4: you're taking advantage of me and doing this, this and
16:31
Speaker 4: this it's quite accusatory, you're going to get their back up.
16:34
Speaker 4: You're not going to leave that conversation in a positive space.
16:37
Speaker 5: Whereas if you sit.
16:38
Speaker 4: Down and be like, hey, i'd really love to discuss
16:40
Speaker 4: my role, priorities and what's going on. Everything's been changing,
16:44
Speaker 4: and like I'm so here for it, but you know
16:46
Speaker 4: some things are falling to the wayside because of it.
16:48
Speaker 4: That's going to be a firm or constructive way to
16:51
Speaker 4: bring up the conversation. And in that conversation you can
16:54
Speaker 4: be quite direct, but we need to make sure that
16:56
Speaker 4: we step back from being accusatory unless your boss or
17:00
Speaker 4: manager or employer is actually taking the mickey, in which
17:03
Speaker 4: case like slaym queen. But I think it's really important
17:06
Speaker 4: to also go all right, like what's the best way
17:08
Speaker 4: to approach this to get the outcome I desire? Because
17:11
Speaker 4: the last thing you want to do is get your
17:13
Speaker 4: boss off side or not come prepared or put yourself
17:16
Speaker 4: in a position where you're not getting what you want.
17:18
Speaker 4: So I think going to the conversation and being like, look, hey,
17:20
Speaker 4: I'd love to have a conversation about what you want
17:23
Speaker 4: me to prioritize, because unfortunately we're at a point where
17:25
Speaker 4: I can't prioritize everything, So what's my number one priority?
17:29
Speaker 4: And they might actually turn around and be like, oh,
17:31
Speaker 4: your number one priority is this, and you go yes,
17:32
Speaker 4: But that's not how I'm feeling. The team is feeling
17:35
Speaker 4: like my priority when it comes to working every day
17:38
Speaker 4: seems to be this because that's what's being put on
17:41
Speaker 4: my plate the most that seems to be falling to
17:43
Speaker 4: the wayside. How can we work towards making this my
17:45
Speaker 4: priority again? And they are going to be fun or
17:48
Speaker 4: receptive because you're showing quite a lot of initiative in
17:51
Speaker 4: that conversation, So I think from my perspective that's where
17:54
Speaker 4: I would come from. But gee, how would you approach
17:56
Speaker 4: this situation?
17:57
Speaker 3: Well, what I.
17:58
Speaker 7: Wanted to ask before I tell you how I approach it,
18:00
Speaker 7: which is probably the same way that Jess said. Gather
18:03
Speaker 7: your evidence, know what you want to say, be direct,
18:05
Speaker 7: be polite, go about it that way. But how long
18:09
Speaker 7: do you guys think is appropriate before you should bring
18:13
Speaker 7: up the conversation with your boss? So if someone's like, George,
18:17
Speaker 7: I know it's not in your job description, but Janine's
18:20
Speaker 7: just left. We need someone to write this extra copy.
18:24
Speaker 7: That's usually outside of the realm of what I'm doing.
18:27
Speaker 7: But they just need me to pick up the slack
18:28
Speaker 7: a little bit for a few weeks whatever it may be.
18:30
Speaker 5: Yea, how do you know.
18:32
Speaker 7: If that then continues onto like months or is it just.
18:37
Speaker 4: Kind of divisive? I don't know what Jess is going
18:39
Speaker 4: to say, which is why I'm going first, Because I
18:40
Speaker 4: just went first, I'd be like, yeah, totally same like
18:42
Speaker 4: and not give my opinion. I'm finding that there's a
18:45
Speaker 4: lot of TikTok content in the moment about this, and
18:47
Speaker 4: it's about being really aggressive with your employer and really
18:50
Speaker 4: pushing back and being like, no, if Jeanine's leaving, you
18:52
Speaker 4: need to pay me for Jeanine's role. And I just
18:54
Speaker 4: I feel like there's some kind of balance when it
18:56
Speaker 4: comes to stuff like that, like, yeah, cool, it's not
18:59
Speaker 4: fair to expect you to go above and beyond, to
19:02
Speaker 4: work above and beyond your actual capacity for a sustained
19:05
Speaker 4: period of time. But I also think that if I'm like, oh, gee,
19:08
Speaker 4: could you just write this Jeanine's way, yeah, no worries
19:10
Speaker 4: like there is usually in an employment contract some level
19:14
Speaker 4: of flexibility, Like in every employment contract I've got, it's
19:16
Speaker 4: obviously got your role description and then it says and
19:19
Speaker 4: any other task deemed appropriate by the director, which means,
19:22
Speaker 4: if I tell you to do it, can you please
19:24
Speaker 4: give me a hand? And in a small business that
19:27
Speaker 4: is really important because it's kind of like, well, I
19:29
Speaker 4: don't have all hands on deck. And I know that
19:31
Speaker 4: people who work for small businesses are usually a bit
19:34
Speaker 4: different to people who really want to work in corporate
19:36
Speaker 4: and that's fine. You do what feels right to you.
19:39
Speaker 4: But I think if you feel like you're having the
19:41
Speaker 4: mickey taken out of you, I would be questioning it
19:44
Speaker 4: or even going, hey, no worries, I can take Janine's work.
19:47
Speaker 4: What would you like me to push off my plate
19:49
Speaker 4: so that I can fit that on? So it might
19:51
Speaker 4: not be a no, I'm not doing it. It might
19:53
Speaker 4: be a no, worries, Jill, I will do that, But
19:55
Speaker 4: that will mean that something else needs to be yeeded.
19:58
Speaker 5: What is it going to be?
19:59
Speaker 4: And then they might go, oh, well George, I can't
20:01
Speaker 4: and you go, well, I just don't have capacity.
20:03
Speaker 5: Is that okay?
20:04
Speaker 4: And I think it's an ongoing conversation, But also I
20:06
Speaker 4: think you need to just use your initiative, Like if
20:08
Speaker 4: you're like, yeah, no worries. But also if I knew
20:11
Speaker 4: that they weren't planning on replacing Jeanine and they're like, oh,
20:14
Speaker 4: just take it for a few weeks, and you're loky, like,
20:15
Speaker 4: this isn't gonna be a few weeks. Yeah, I would
20:18
Speaker 4: be having a bigger conversation, Jess. Make me look like
20:20
Speaker 4: a bad perpose, No, not all.
20:22
Speaker 6: I think the soft touch that you're saying about, like
20:25
Speaker 6: having an initial gentle conversation is super relevant. The other
20:28
Speaker 6: thing that I would flag for our listener is if
20:30
Speaker 6: you are going into bat for this big convo, I
20:32
Speaker 6: would say, set up a time specifically to do it.
20:35
Speaker 6: Don't be having this conversation when you're going to run
20:37
Speaker 6: an errand like this is a tea room or something. Yeah,
20:40
Speaker 6: this is a specific, dedicated conversation. I think for me,
20:44
Speaker 6: you can't really put a timeframe on it because there's
20:46
Speaker 6: a big difference, as you said, ved between something has
20:50
Speaker 6: changed and we need to be reactive and that does
20:52
Speaker 6: require a level of flexibility as opposed to something is
20:56
Speaker 6: becoming an ongoing addition to your role. Yeah, and that
21:00
Speaker 6: when it's problematic for me, I would say personally, anything
21:03
Speaker 6: above and beyond kind of four to six weeks. I
21:06
Speaker 6: think that's when you're kind of seeing how it. Four
21:08
Speaker 6: to six weeks, in my mind is generally enough time
21:11
Speaker 6: that if something has happened, I think that's a reasonable
21:14
Speaker 6: amount of time for your management or your company, or
21:17
Speaker 6: whatever the case may be, to have had the problem
21:21
Speaker 6: come to them, sit with it for a little bit,
21:23
Speaker 6: and work towards a resolution. And at the very least
21:25
Speaker 6: you would hope that a conversation had been had around
21:28
Speaker 6: we know Janine's left, We've just started the hiring process,
21:31
Speaker 6: so just so you know, we should have someone in
21:32
Speaker 6: and then two or three weeks, in which case I go, okay,
21:36
Speaker 6: stick it out. If you can have those conversations around
21:39
Speaker 6: what can I drop from my workload to prioritize other things.
21:42
Speaker 6: If it's been four to six weeks and things have
21:45
Speaker 6: just been added and added and then not addressed, and
21:48
Speaker 6: it's been like, oh, well you'll fine, you're coping.
21:50
Speaker 4: You're coping, why would we get Janine back? Yeah, I
21:52
Speaker 4: don't need to fill a role. Look out, well gee's doing.
21:54
Speaker 6: That's when I would be looking at booking in a conversation,
21:57
Speaker 6: having a soft touch point first and saying hey, like
22:00
Speaker 6: I'm feeling really overwhelmed or I really think it's important
22:02
Speaker 6: that we split this back out because it's a completely
22:05
Speaker 6: different department. I'm, you know, a content person and I'm
22:08
Speaker 6: doing law or like probably not.
22:11
Speaker 5: Like you've got something.
22:12
Speaker 4: This is what happens when you put just under pressure
22:15
Speaker 4: just like spits out stuff that makes no sense to it.
22:17
Speaker 6: I'm doing content and I'm doing accounting. Do you know
22:19
Speaker 6: what I mean? Like something that's outside of your realm
22:21
Speaker 6: of work, like having that initial conversation and then if
22:23
Speaker 6: you're really not seeing change, if you're really feeling the
22:25
Speaker 6: pressure booking in a meeting, sitting down and having that
22:28
Speaker 6: conversation I think is important.
22:30
Speaker 5: Perfect. Oh, this just polished it off. But I don't
22:33
Speaker 5: think I have anything to add to that.
22:35
Speaker 2: I certainly don't.
22:36
Speaker 5: Oh okay, well, yes, we're done with this episode.
22:38
Speaker 7: There.
22:38
Speaker 8: Perfect.
22:39
Speaker 5: I'm going to get married tomorrow, so I'm ready to go.
22:41
Speaker 7: Yay, congratulations comes feeling nervous.
22:46
Speaker 5: Not yet, not yet, not yet. I'm very excited, very
22:49
Speaker 5: very excited. Good, that's all I've got. No, No, I'm really
22:53
Speaker 5: excited and I think it'll be really fun.
22:55
Speaker 4: I just you know, last minute stressing Obviously this is
22:58
Speaker 4: being recorded a couple of days before, so maybe like
23:01
Speaker 4: by the time Thursday Friday actually comes, I'm going to
23:03
Speaker 4: be stressed out of my brain. But I'm very lucky,
23:06
Speaker 4: and I actually I'm excited to get married, guys, but
23:09
Speaker 4: I'm also really excited to create wedding content because I
23:12
Speaker 4: wanted to wait until after the wedding so I could
23:15
Speaker 4: be like, oh, well, these were my budgets that I
23:17
Speaker 4: blew or these are the budgets that didn't work, because
23:19
Speaker 4: it's silly for me to share budgeting content prior, because
23:22
Speaker 4: that's all like nice to have, right, And I've already
23:25
Speaker 4: blown a few budgets, and I've already been really frustrated
23:27
Speaker 4: by the process. So like, let's make this real content,
23:30
Speaker 4: not aspirational content, because one thing I have learned very
23:33
Speaker 4: quickly is even me being Victoria, she's on the money,
23:37
Speaker 4: who you would expect to be able to stick to
23:39
Speaker 4: a budget, I wasn't able to. It got way too
23:42
Speaker 4: emotional and there were just like too many things that
23:44
Speaker 4: Steve wanted and then I wanted, and then coming to
23:46
Speaker 4: a compromise, like it just blew out in certain areas
23:49
Speaker 4: which we've come to terms with but I just didn't
23:52
Speaker 4: expect it.
23:52
Speaker 5: I did genuinely expect more myself when it game to
23:55
Speaker 5: budget as well.
23:56
Speaker 4: Yeah so I MIDI shaded, got my tail between my legs.
23:59
Speaker 4: But you know what, Hopefully I will be on the
24:02
Speaker 4: next episode saying it was the best day of my
24:04
Speaker 4: thie life.
24:04
Speaker 2: You will, my dearl, It'll be fantastic. See you after
24:08
Speaker 2: the word in Bye Bye you.
24:16
Speaker 4: The advice shared on She's on the Money is general
24:18
Speaker 4: in nature and does not consider your individual circumstances. She's
24:22
Speaker 4: on the Money exists purely for educational purposes and should
24:26
Speaker 4: not be relied upon to make an investment or financial decision.
24:29
Speaker 4: If you do choose to buy a financial product, read
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