Latest / The Curve / RTC55: An inspiring and incredibly important conversation with the Māori Millionaire

Transcript

RTC55: An inspiring and incredibly important conversation with the Māori Millionaire · The Curve

0:00
This mindful miniseries is proudly sponsored by Brayface to help encourage conversations
0:06
about our minds and how money stress can affect our overall well-being.
0:10
Brayface has a trio of natural herbal products to help you feel calm and manage stress
0:14
from all angles.
0:15
They have headrest night drops to help you fall and stay asleep, cool head stress relief
0:20
spray for moments of overwhelm and live calm daily capsules for managing long term stress.
0:26
In collaboration with Brayface we've created a resource to help you reduce stress when
0:30
it comes to your finances and you can find this by the link in our Instagram bio or in
0:34
the show notes for this podcast.
0:37
Welcome to the Curve Podcast, a conversation for women who want to learn more about money,
0:43
their money for the future they want to have.
0:46
We're all busy and the pursuit for financial confidence and increasing your wealth should
0:50
be a simple one.
0:52
This podcast is for women to learn about and besting in a non-scary or intimidating way.
0:57
So thank you for being here and for listening, because together we really can raise the
1:02
curve.
1:03
Welcome to the studio, now we have got a very special guest someone that we've been trying
1:08
to get in here for a while, haven't we, it's probably not six months of a day.
1:11
And now we're here on a Sunday morning and she's just got back from Fiji straight off
1:16
the plane.
1:17
Now we have the mouldy millionaire in studio with us.
1:21
Deca, who could I thank you so much for coming in, we're very excited to be speaking to
1:25
you.
1:26
And also just like quite impressed that you're 19 and available on a Sunday morning.
1:29
Yeah, I definitely would not have been when I was 19.
1:33
Not even hungover.
1:34
Yeah.
1:35
When I was researching on your website and your Instagram and everything, I was so impressed
1:40
firstly at how much content you're pumping out.
1:43
Yeah.
1:44
It is so time consuming, writing articles and blogs and making videos and you're also studying
1:50
law and your 19, I was just like, you are a wonder woman, like honestly the only thing
1:55
I was thinking about in 19 was like partying and trying to pass uni and like how to pass
2:00
points.
2:01
Yeah.
2:02
Yeah.
2:03
A hundred percent.
2:04
Maybe losing my virginity, you know.
2:06
You lost it way before in 19, but I didn't actually, I was such a late bloomer, I didn't,
2:10
I couldn't, I couldn't, I didn't want to hit you on the objects at me until I was like
2:14
a thing.
2:15
I was like, God, I can't, God, I really want to go to uni, having like least heads there.
2:19
I was like 40 year old virgin kind of thing.
2:21
And look, it was tough for me, it took a while, were you making up for it now?
2:25
So.
2:26
Holy shit.
2:27
Straight into the roasting.
2:28
Before we started, so I was like, sorry, I've just got past racial in my chin, so I'm
2:34
going to put some makeup on.
2:35
I was like, yes, and this is our guest here on the podcast that we're trying to be professional
2:40
in front of, but not.
2:41
Okay.
2:42
Talk to us.
2:43
How did you get interested in finance investing?
2:45
What was kind of that moment for you when you thought, okay, I feel really passionate about
2:49
this.
2:50
Okay, you guys are going to like, if I can mock me again because I'm going to be like
2:53
an eight year old in the story.
2:54
But my mum, she was sick when I was growing up and so she went on the bed of fit.
3:00
And I think of us during that period of time that I was like, wow, like we've gotten
3:04
a money and like it's pretty shitty like this.
3:07
And so my mum was like a very staunch education advocate and so like, I wasn't even allowed
3:13
to watch like TV before school or like throughout my childhood, it was always like, you
3:17
know, go to school, work hard.
3:18
And so I wasn't allowed to watch TV, so I read books all the time.
3:22
And I run it clean because no one's rich in my family.
3:24
We had lots of personal finance books.
3:27
And so I read Rich Dad Ported when I was like, eight, and I literally, I got, I can't
3:31
understand.
3:32
Sorry.
3:33
Can we just pause?
3:34
Oh my God.
3:35
You are so cool.
3:36
I was reading cartoon books probably.
3:38
I was battling with Harry Potter.
3:40
I just can't even believe you did that.
3:44
That's so cool.
3:45
Honestly.
3:46
I haven't even read that book now.
3:48
Oh my God.
3:49
Even when I'm talking about it as well.
3:51
Oh, you guys need to read it.
3:52
It's so good.
3:53
But like even after reading that, I called my name up and I was like, man, like, do you
3:57
have to make sure that you're like maximizing compound interest and like make sure that you're
4:00
trying to put that on the right one account and stuff and like, you know, and she's like,
4:04
what the fuck, oh, but, you know, so I was from there that I just kind of like saw that,
4:10
like, you know, you can actually grow money and we had, you know, money and so I was like,
4:14
this is like life changing.
4:16
How was no one talking about this?
4:18
And like, I'd go to school and I'll try to talk to my friends about it about investing
4:21
and stuff and then like, oh no, it's a scam.
4:23
Oh, maybe that I'm going to get older and, you know, like Lauren said.
4:25
Still teen 12, 15, still very impressive.
4:27
Yeah.
4:28
I know my friends are like, you can't, you can't just grow money and I'm like, yes, I've
4:34
read it.
4:35
I've read it in the book.
4:36
Oh my god.
4:37
So people thought that it was like a pyramid scheme.
4:40
Literally.
4:41
Like my friends would literally just mock me and I'd be like, it's like so cool.
4:44
You can like invest in the stock market and I don't know how to yet, but I'm going
4:48
to one day.
4:49
That's a maver.
4:50
I didn't really know how to invest when I was like, when I wanted to, when I was 14,
4:55
I got my first job.
4:56
What was it?
4:57
I was a kitchen porter at the Michigan State Warnery and Napier, so it's like a really
5:01
bougie.
5:02
Amazing.
5:03
Really sure.
5:04
I washed dishes and there was this like shelf thing above where I was washing dishes
5:09
and the chefs would put the trays where they'd cooked me dinner and I was so short
5:13
then I would pull them down and I would like spill all this like pigs bodily and it was
5:17
fucking wrink.
5:18
Oh my god.
5:19
I had, I was a kitchen, like a dishwasher, like washing the dishes in Fiddinger on a school
5:25
holidays.
5:26
And it was like my first day and they were like, just one thing to remember.
5:29
Just don't fill up this, don't keep the tap on and walk away.
5:32
I was like, okay, I got this, got this.
5:34
First thing I did was I went to fill up the sink, put the tap on, walked away, got some
5:38
dishes and I came back and the kitchen was flooded.
5:40
Oh my gosh.
5:41
And I was like, oh my gosh, oh my gosh.
5:42
What did you do?
5:43
I just kind of stood there and was like, ah, ah.
5:45
That's kind of thing.
5:46
I would do.
5:47
I'm quite surprised that this is really new.
5:49
I didn't last very long, but anyway, that was my, my stint as a kitchen hand.
5:53
So you had your first job and you started earning money.
5:55
Yeah.
5:56
At that point, were you always pretty aware of how you were spending it and using it,
6:01
like how did that first book you read, feed into how you then behave with money?
6:06
I was literally so pretend, like, about my money.
6:09
So I think back then I was on like $16 an hour and I did a double shift, so like 12
6:14
hours every Saturday.
6:15
So it was like 170 bucks a week and I was like 14, I was like, I'm boring.
6:20
But I saved it all and I got to like $1,200 or something and I, I decided to start a
6:28
business.
6:29
It was called Sust and I sold like t-shirts and stuff and all my friends were like, you
6:32
know, I'll buy a t-shirt, I'll buy five, whatever.
6:35
And then the stock came, I spent, you know, like $1,200, I built a website and set an
6:39
Instagram and all this other stuff and then no one bought any t-shirts, like cool, my
6:46
mum wears them every single day.
6:48
Still lovely.
6:50
Oh, we love her.
6:52
And thus so ugly, like there are these ugly polo shirt thingies and they just have like
6:57
sussed on the arm and they look so stupid.
6:59
Did she still wear them?
7:00
Did she still wear them?
7:01
Oh, please.
7:02
But you know what, those will be like souvenirs when you are like running some multi-million
7:08
dollar company.
7:09
You know, like there will be like-
7:10
We're noty millionaires.
7:11
Yeah, yeah.
7:12
She was like, you were like, yes, this was her first venture, yep, wasn't that successful
7:16
but-
7:17
And we haven't trade me for like that.
7:18
Yeah.
7:19
That's so bad.
7:20
And I think there's some like extra small ones left because we don't have any extra
7:24
small people in my family and they're just on the shed and they're just-
7:26
I'll rip one.
7:27
I'll invest in a new shoe.
7:29
I've got a tennis tournament coming out, maybe a polo would be good.
7:33
Maybe if you need to like paint your house and just like need some rags to wear.
7:37
I think it's a damn more like-
7:38
Yeah.
7:39
All right.
7:40
I wouldn't even wear them outside the door.
7:41
Oh, really?
7:42
That's so bad.
7:43
Good on you.
7:44
So you've been an entrepreneur from a young age.
7:46
Yeah.
7:47
And so with your money from then on, what point did you start investing?
7:51
How did you learn about saving and budgeting?
7:54
So I think I was-
7:56
So I went to uni when I was 17, I moved out and I got discretionary entrance into uni.
8:03
So I went early and then like I had no money at all and-
8:07
And you'd moved your heart?
8:08
Yeah.
8:09
So I had no money and I needed to pay my rent because it was like coming up was like $1,500
8:15
and I had for the month and I had no job, student violence hadn't kicked in.
8:19
And so you know, I had all these like cool money ideas and stuff but clearly wasn't putting
8:25
anything into action at that point.
8:27
And so I found a job tutoring maths.
8:29
I suck at maths but I won like a maths award like in year nine.
8:33
And so this lady gave me a job tutoring maths.
8:36
And so I literally went to the library, got some like year seven year eight maths books
8:40
out and retaught myself shit because I needed to pay my rent.
8:44
And then from there I was like this is literally like a shit show, I don't want to live like
8:50
this.
8:51
I need to sort my shit out.
8:52
So how did you deal with that stress like in terms of knowing that you've got these
8:56
bills coming out and being like, oh my gosh, I've got no money.
8:59
It was terrible because you know, I was, you know, having like a mental health crisis
9:05
at high school which is why I left, but when I left and I had no money, I had to ask
9:11
my family for money which one was like super embarrassing for me and I just, I literally
9:16
hated it so much and I'm so grateful that they were generous enough to be able to help
9:20
me with my moving costs but beyond that I was like I'm never asking for money like I don't
9:25
like asking people for money.
9:27
I remember I was overseas traveling and I was in Brazil and I'd run out of money and
9:32
I was literally like I call my sister and I was like I don't want to ask mom and dad
9:36
for money.
9:37
Like I just, I was like I really don't want to call them up and my sister was like well
9:42
I don't have any money because she was at uni and she yeah and so and she was like honestly
9:47
just call them like you're on the other side of the world, you know like of course they'll
9:52
lend you money to get home and like and I was just, but it was like the hardest conversation
9:55
I know I just don't like yeah I'm kind of the same.
9:59
What is it for you?
10:00
I know that I because I feel like it's weird that I I know I'm so privileged to if I was
10:07
ever in a really serious situation whether it be a health crisis or I was homeless or you
10:11
know I really needed support I know I could call my parents and ask them yeah and as much
10:15
as I would be embarrassed I hear you guys both talk about it and I'm not as embarrassed
10:22
but I don't know why I'd love to know like for you like what the for me I think like
10:27
culturally we you know have these like cultural practices like for knowing a tanga in
10:32
Aaroha and these things which you know basically means that you look after those around you
10:38
even if it's going to you know do you produce yourself or so my mum her whole life you
10:43
know she gave everything to her children and so my brother and I we always had you know
10:49
what we needed but if that was at the risk of her not having you know what she needed
10:55
she would do that and so for me it's like I don't want to I know that they would do anything
11:01
for me but I don't want them to do that if it means that they're going to go without
11:07
and I know that they're going to say yes even if they don't have money so for me it's
11:11
like I don't want to put them in that position yeah that's actually yeah thank you for
11:16
explaining yeah how did you get yourself out of that place when you thought okay shirt
11:23
I don't want to be here I don't want to be feeling this overwhelmed it comes to just
11:27
paying simple things like a rental food or what was your like did you put it a plan in place
11:33
or how did you kind of yeah so I knew that the first point was to get a job so they had
11:38
an income and then sort of shouldn't allowance out I played for so many jobs I don't know
11:42
the number it was probably like over 50 but I didn't have a car and so all of them literally
11:47
said no because you know public transports unreliable whatever and so I just kept on going
11:54
and then I finally got the maths tutoring job but that was like casual as hours and then I just
12:00
keep going and I got a job doing admin for a school in Auckland and it was like part time at
12:06
home but it was enough to be able to pay my rent so that was cool and then I think that was when
12:11
lockdown happened or yeah I think I had to go back home because of lockdown after that I kept
12:17
going and then at the start of last year I started modem millenia because I felt like I had
12:23
you know being able to take myself out of that situation and I had money and I wasn't
12:28
boring but you know I had pulled myself out of that I guess and so modem millenia was about
12:34
creating kind of like you know when I read rich day pool dead when I was a little girl I
12:39
I couldn't relate to this man like you know he's on the other side of the world he looks nothing
12:43
like me doesn't look like any of my uncles or anyone of my family and so I thought he's a man
12:50
yeah so I thought you know I want someone who um looks like me for you know little little girls
12:57
in the same situation to be able to be like wow this actually can happen you can invest you can
13:02
be moldy and you can create wealth and generational wealth and all these things and so that's why
13:08
I started modem millenia at that point so amazing like yeah gosh to even have that mindset at
13:14
such a young age as well I'm an awesome yeah I saw a post on Instagram recently that you did
13:22
about yeah the financial stability between Pakiha and Molly and I'd love to hear what
13:28
yeah what sort of um I guess if you could explain what that post was you know who didn't see it
13:33
yeah um so I guess from a colonization perspective during that period of time our biggest
13:41
asset for Māori was stolen from us you know which was our land and so I think from you know
13:47
today in 2023 Māori have low home home ownership rates and we have you know the worst health
13:55
statistics in Aotearoa education is so bad Māori suffer every bad statistic at rates far worse
14:03
than any other asset Aotearoa and so I think that that also has really strong ties with money
14:10
because when you don't have money you can't go to the doctors when you don't have money you can't
14:14
focus at school you know all these things and so I think you know due to colonization we are still
14:20
suffering impacts today and I think that money has a really strong tie to that and if we're able to
14:26
bolster our Māori economy and you know our wealth and things like that then we will be able to
14:32
transform these other statistics in our lives whether it's healthcare justice um whatever it may be
14:38
thank you so much for explaining that and I know that it's probably
14:43
seems as though that's the kind of thing that all of us should be really aware of and understand
14:47
but I don't think it's spoken about enough no and then and described in that way like that
14:52
definitely made me understand a lot better the flow on a fix and everything is just like of money
14:58
yeah well I think it's definitely for myself at least it's so you know the impacts of colonization
15:08
and racism are so crazy in my life and like even you know people in my own family they say things
15:14
like oh Māori don't get treated differently um but you know it happens so often that it's just
15:19
accepted and that you know people don't even notice things um but have you had any examples
15:24
lately that have happened where you're like wow I can't believe this is happening still um yeah well
15:28
I was at the bank probably I don't even know a year ago or something and I have you know all my
15:33
different like sinking funders like my nails account my travel account all this stuff you love this
15:38
yet so open eyes um and the bank tellers like oh I've never seen someone like you have
15:45
be so organised with your money and I was like no huh like oh my you know do you do you stand like
15:52
would you would you not make it fast but would you stand up and say yeah yeah um what did you say
15:57
I was like that's really really patronising no good on you yeah it happens all the time and
16:05
people don't get pulled up about it and I think from a Māori perspective we just want to you know
16:09
we don't want to be mean um we already have all these stigmas that we're just um
16:14
crazy criminals that just steal things I don't want to like make myself look like they're even more
16:18
but at some point it's like are you serious but like we're in 2023 like
16:24
and it's an education thing as well like that person no now know that that's not okay to say
16:30
you know like it's kind of like and then hopefully they can teach someone else and it's just kind of
16:35
yeah but it's sad that there's still happening in 2023 so yeah and so and when you were talking
16:41
about access to health care and you know opportunities and the flow and effects of colonisation
16:47
can you also just elaborate on that in terms of how that is a systemic problem and something that
16:53
is sort of this continuous cycle that is really hard to break we have generational trauma and you
17:00
know so when you look at um other indigenous communities and you know Australia or in Africa
17:05
and they go like this we continue to have all of these things and so if you think about like
17:11
Europeans for example you know wealth gets passed down and you hear in here at things um
17:16
just like generational wealth yeah for Māori we inherit either debt or bad habits or
17:22
addictions or you know things like this and so for myself um still trying to quit vaping um but
17:29
you know I was you know I was raised around smokers and I was raised around um different
17:36
addictions food addictions and things like this and so even if I'm able to you know put the
17:40
effort in and I you know go see a dietician and things like this it's so ingrained in my DNA
17:45
that it's like so difficult to break these things that even if I understand it from a logical
17:50
perspective um putting it into action it's just so crazy and these are just small minor examples
17:55
because I have friends in way worse situations um Māori who have had way worse um upbringings
18:03
and things and it's just these things that just keep on happening um one of my best friends was
18:09
raised in um in OT homes and throughout all of these different homes um she had bad experiences
18:18
and so you know now today she lives with that trauma and that um you know this so many difficulties
18:27
you know whether it's she can't call the doctors because she's you know she has so much anxiety
18:32
about sharing her problems even like literally with the receptionist to book a doctor's
18:37
appointment so that's like a small thing that means that she doesn't go to the doctors when she
18:41
gets a cold I gave her a cold like a few weeks ago and she didn't go and get antibiotics because
18:45
she couldn't call the doctor so how can we begin to change that like what what can what can
18:52
what can Pakiya do what are you what are you trying to do like how I know this this is such a
18:57
huge problem and it's gonna take so I don't know how I what we can do to help and I'd love to
19:04
hear if you have any ideas from like the stuff that you're doing obviously educating people around
19:09
even just small stuff like personal finance and the fact that you can take control of that change
19:14
things that's huge yeah yeah I genuinely really appreciate um before this podcast I did you
19:21
you know had a conversation with me about how to pronounce my name and for me that's like a really
19:25
important thing because until Māori our names come from our ancestors and they hold a mana which is
19:32
like strengthen and things like this so when my name is mispronounced it doesn't mean that my
19:38
name is was mispronounced it means that those before me you know getting disrespected in that way
19:44
and so I genuinely really appreciate even being asked how to pronounce my name and I think
19:50
things like small things like that can make a really big difference um acknowledgement if
19:54
if you don't know something just ask because I think a lot of the time people will be really happy to
19:59
you know share what they know um and then I think yeah once you acknowledge things you know acknowledge
20:05
that um you know a lot of people just kind of ignore the fact that colonization happened or that
20:11
racism exists in New Zealand and I think you know even when I talk about it people are like oh that's
20:15
not actually racism it's like can you read a book and I genuinely think like you know if you
20:24
make an effort to actually learn about the history of New Zealand and why half the shit happens then
20:29
I think that will help change your mind see it and actually think about things from a different
20:33
perspective um it's all about being open-minded and like willing to learn and adapt and change
20:38
rather than being close-minded and kind of but also I think even just that conversation and understanding
20:44
that you know land is such a huge asset not only financially but also from I mean the land
20:52
that was lost and taken unfairly not only is that a finite huge financial loss but it's also
20:59
just like what that represents in terms of I can take something from you yep and then that
21:04
our dynamic yeah and the control and the like but the flow of effects of that financially and how
21:10
that has affected generation a giant population in New Zealand it's also just thinking back to like
21:18
well why is it this way why am I already so financially disadvantaged because it was our fault
21:24
we took something of huge value and so it's I think it's very easy for people to think oh that's
21:31
so far removed all that that wasn't us but it is it was our ancestors so I think even just
21:37
the understanding of that financial loss and how that's impacted generations of people
21:42
when you think about it that you know that's enough to like there should be compassion to then
21:48
rectify the situation definitely yeah and I think in terms of land so Fenua we have this
21:56
proverb in in Tereo Māori and it's ko te Fenua ko te Fenua ko and so what that means is I am
22:02
the land and the land is me and so you know I love money so from a finance perspective it's an
22:08
asset it's you know economical and you know things like this but from a Māori perspective it's
22:14
actually it's our nurturer and and that got stolen from us have you found with your success
22:22
that you have been treated differently or had you know friends treat you differently or family
22:29
members or has it been you know everyone's kind of very supportive and encouraging oh for sure
22:35
treated differently um literally kids who used to bully me at high school message me and ask
22:41
me for money now like it's so embarrassing for me like ask you outright for money literally like
22:47
that's so many messages in the way oh can I like just have a like a $50 loan I'm like what the hell
22:54
what do you say to that how do you I'm like I actually didn't like one of them she she just had a
22:59
baby and I actually felt sorry for her and I was like almost going to like seriously you like
23:05
called me fat every single day at high school like I'm not giving you $50 what a what a power
23:11
power plate you know like we spoke to Kayla Gordon recently and she spoke about a similar concept
23:21
in that she found she tried to play herself quite small as she was growing up in the community
23:27
because people almost treated her differently if she had any more than anyone else and also this
23:33
sort of um even now she's got an older she noticed any kind of representation of um her being
23:41
successful financially it was like oh you're not one of us anymore there's kind of this like not
23:45
tall poppy syndrome a kind of similar yeah what do you think that is and how can we shift that
23:50
perspective so that it's not demonized to be successful or to care about money I think um and
23:57
my perspective so um until Māori we wealth is a collective thing so it's not for an individual
24:04
and so you know if money it worth is a million dollars it's actually not mine it's ours and so
24:09
I think that's one way we can do it so whenever I have money I'm always you know it's really in my
24:15
budget um giving and sharing and things like that so if someone in my family um you know reached out
24:22
and they needed money I'm more than happy to give it and so that's that's one way I think that we
24:28
can probably lower that I guess yeah because I guess it's that idea that if we can all help each
24:33
other and we're all doing well then that's a collective we're all lifting each other up rather
24:38
than it's such it's almost opposite of capitalism and you know in the sense that this is mine and
24:44
I am out for myself it's very much a collective success that we should be celebrating together
24:50
yeah and I think when I first started a Māori millennia there was a lot of like vacation it was like
24:54
oh this is not indigenous at all like thinking about money this much this isn't Māori at all
25:00
and when I you know explain myself and when I actually think about it I'm like if I can
25:05
become a Māori millennia think about how much pūtia I can give to my marae to my iwi and to my
25:11
hubu and these pūtia money yeah yeah um and so I think from that perspective it's so
25:20
indigenous it's so Māori to think you know how can I help my hubu how can I help my iwi and how can I
25:27
give the resources that I have to help other people oh I just think our perspective on money
25:35
um in terms when I say oh I mean like pākiha perspective on money is so much more um rat race
25:42
everyone yeah yeah yeah yeah no seriously I mean it's not we're not brought up with that same
25:48
well I with been speaking to my own experience I wasn't brought up with that kind of my parents are
25:52
so generous in giving and want to help others but from a if you're thinking purely about finances
25:58
and caring for those around you I think it's ingrained in Māori culture too to share what you have
26:03
yeah yeah and I think that is such a good point if it's if that is a universal wealth and everybody
26:10
around you you're helping each other I think that's an amazing way to educate and change that
26:14
perspective of where you've got money you're not bigger sense of community and like with but with
26:20
pākiha it's very very much more like isolated like yeah individualized yeah everyone's out for
26:28
responsible for their own success kind of yeah there's no like collective way
26:32
it's so interesting how much we could learn from each other as well I remember when I went to
26:38
um I went to this beautiful uh there's these islands in between Panaver and Columbia and they're
26:43
called the Sandblast Islands they have their own language they're not governed by like they're
26:47
fully independent they they speak kuna and they're just the most beautiful people and you know if
26:54
someone in the community needs a house they'll all gather together and build it and there were
26:58
40 of them though the woman will make the food and the drinks for the day and the men will all be
27:01
helping build and you know you would walk around and you would see these grandmothers holding babies
27:06
of all sorts of families and it was just it was to me it was like this the first time I really saw
27:12
the depiction of it takes a village to raise a child and I think I don't know I just we I never
27:19
had that kind of a um community growing up and I think from what we could learn about our connection
27:26
with the land and our people and everyone and then I don't know it's just it's just it would be so
27:32
cool if the conversation was way more integrated in terms of learning from each other because
27:36
definitely yeah I've just I've learned so much from you in the last hour and it just it feels
27:42
I know I'm like everyone needs to listen to this episode yeah we need to go viral
27:47
yeah I feel like I'm forgetting that I'm podcasting because I'm literally just sitting here in
27:56
war and like learning so much and I'm like that's right speak speak speak no I think it's
28:02
good though I think it's like chance vast to listen I think it's actually really the crux of
28:06
it isn't it is to be able to listen rather than just talk yeah here our own shutters like shut up
28:10
for us yeah I'd love to hear about your um journey with investing and how and what you're investing
28:17
in and what is your approach to that like are you are you doing ETFs or funds or are you stop picking
28:22
yeah so I mainly um just do ETFs um loves the ESMP 500 NZX50 um and Tahito it's a it's a Māori one and
28:32
they make sure that it's environmentally friendly and things like that um just literally
28:39
dollar cost averaging into the stock market I keep it very simple buy and hold and uh
28:44
I'm impressed yeah I know I'm like oh I'm just just trying to chop all those buzzwords
28:50
this is actually coming she's been just like drilling this shit into me for the last like two
28:54
years I'm finally like dollar cost averaging and all over it so when you say dollar cost averaging
29:01
for anyone who doesn't know that's obviously a certain amount that you're regularly investing and
29:05
for you do you have it like an automatic payment that's set up even if it's like yeah literally
29:10
so um my income is quite I guess can finish um they shouldn't allow it and then I work part-time
29:16
at a law firm so um and then basically like 10% of that I invest um weekly into the stock market
29:24
and it's simple it's easy it's uh works for me and amazing amazing especially when you're a
29:31
student you know it's like you you're not working full-time and so you don't have a lot of
29:36
disposable income so to like still be investing is well yeah that's off to you yeah we did a
29:41
live the other day and there was a couple of people like what about a four-year student and we
29:44
know it's so inspiring to hear that you know and it's true and this is what I've always says like
29:49
you know five ten dollars fifteen dollars doesn't actually matter it's like just actually get started
29:54
and put some money and see it grow and then that's like so motivating to try and increase that amount
29:59
and I think it's a habit too so when I first started working um my mum told me she said you know
30:05
if you put your um can we say for contribution at the max rate when you first start working
30:10
you're never going to know what a full paycheck is so you may as well just do it now and um that's
30:15
such good advice yeah yeah yeah wow yeah so um even today my cute I think you can do it that
30:22
10% uh can you um but my date eight percent I don't know there was no 10% books I just did eight
30:28
that's why when you go on like a savings holiday or saving suspension it's so hard to restart
30:33
contributions because you've got used to that extra cash that then it feels like you're you know
30:39
you've got way less money now whereas it's such a good point if you just start contributing as soon
30:44
as you get your paycheck yeah and so now I'm 19 and I think it's like it's seven grand I'm like
30:50
I was just saying because I look to your assets that you share on your on your socials and I was like
30:54
good gosh it's got far more than I do so your team is younger than me more than 12 years younger
31:01
than me and you have the same money you can you save more savings more assets I was like
31:07
shits of sorted out yeah it's such a young age like the compound interest on that when you retire
31:13
exactly you're gonna be a millionaire yeah also your assets I saw that you put you've got like 45
31:20
thousand one hundred seventy dollars of assets as a collective and I just thought
31:25
yeah that is so epic like you're 19 I had like minus money at that age I'm pretty sure I was
31:33
in desperate debt because I'd accidentally got a credit card and sport all these long story we
31:37
won't go there it's a bit of a dumb buzz but my point is you like to be to know what you should
31:42
be doing from that age and imagine how much better off I bet if I've done that 10 years ago
31:48
wow yeah and it's kind of like a lot of people will be listening as well being like oh you know
31:52
but you're so young and and and I'm not or or you know like I I'm 10 years older or like
31:57
like yeah I missed the boat but it's like no you haven't you know yes you started young which is
32:02
amazing and if you can if anyone can there's amazing but yeah even if you've got like five years
32:10
just start honestly even if you're 90 yeah yeah 100% what would you say then to get to that point to
32:17
have a decent whack of savings and investing and also not being a full-time salary what what kind
32:23
of saving and budgeting tips have you found to be super helpful um my biggest one is value-based
32:28
spending so um ask any of my friends I don't drink that often um and that's because I genuinely
32:35
don't actually enjoy it and um so you know when they want to go out clubbing and stuff I just don't
32:41
go or go to the clubs like honestly I feel like there's no fun places to dance sorry I'm not
32:47
what yeah but when I heard you say I was like clubbing yeah can I come so like drinking for
32:54
example um twice a year maybe I like to go out and just yeah get good at it yes twice a year
33:01
oh I just I like to take a note out of your book I'm like oh god don't talk about clubs don't
33:09
talk about drinking so you're saying that you basically um yeah you'll look at your income
33:16
and then you look at where you're spending it and you try and remove everything that isn't
33:20
doesn't bring value to your life yeah so um books I love I love reading so you know I'll easily
33:26
drop 50 bucks on a book if I if I think I'm gonna like it um but you know if that's aren't
33:32
close I like buying clothes um nails I like hearing my nails done because you two are gonna
33:36
get on quite like books nails clothes I think that's actually super helpful because everyone's
33:43
different so I think a really good tip to take away from that is to look at what you're
33:47
spending money on and be like draw a little face next to all of the you know like smiling
33:52
frown yeah no that's a really really helpful advice well we find you inspiring and thank you so
33:58
much for being here on a Sunday morning yeah why don't what an interesting episode that was I
34:03
learned so much so thank you so much thank you for having me I love this house so much
34:08
I'm saying yeah let's kick her out and move in yeah I'm like yeah no it was so nice to me you
34:18
you know when you have an instrument friends and you're just like you just talk to people over
34:21
and scream and then all of a sudden you're real life yeah oh wow oh we don't know each other actually
34:25
yeah we feel like we do I know when you introduce yourself and I know yeah I know
34:32
stress around personal finance is the number one contributor to mental health in New
34:36
Zealand which is why we've created this mindful mini series with brave face their trio of
34:41
herbal remedies help you tackle stress and worry head on offering natural support for everything
34:46
that life throws at you the arranging clothes headdress night drops to help you fall and stay
34:51
asleep cool head stress supports break a rapid calm and focus and live calm daily capsules for
34:57
managing long-term stress we've also created a resource to help you reduce stress when it comes
35:02
to your finances which you can find via the link in our Instagram bio or in the show notes for this
35:07
podcast thank you so much for joining us but today's episode of Raising the Curve please
35:14
subscribe and leave a review on what ever platform you're listening on we would also love for
35:19
you to share this podcast with anyone you think would benefit from it for more information about
35:23
the curve and how you can learn more here to the curve.co.inz or find us on socials