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Falling Back on the Bank of Mum & Dad? · 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 through.
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Speaker 1: As this podcast is about connecting, empowering, knowledge sharing and
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Speaker 1: the storytelling of you to make a difference for today
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Speaker 1: 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
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Speaker 4: for millennials who want financial freedom. Today is Friday, which
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Speaker 4: means it is time to get the team together and
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Speaker 4: celebrate you our incredible She's on the Money community. Today
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Speaker 4: we'll be sharing some of our favorite money wins with
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Speaker 4: missus Jess Geruci, and we're going to be helping to
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Speaker 4: answer a juicy money dilemma, which this week is all
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Speaker 4: about buying property, which is very well timed because you
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Speaker 4: guys have an episode dropping next week with our very
1:23
Speaker 4: own Cape Brands Grove from Zella Money, who is going
1:26
Speaker 4: to talk you through the ins and outs of mortgages
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Speaker 4: and we're going to be unpacking something that you guys
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Speaker 4: slid into our DMS about this week, which is the
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Speaker 4: banker's mum and dad with us. As always, we also
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Speaker 4: have Miss Beck said, how has your week been?
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Speaker 5: Hi, VICKI D week's been good. Good, We's been good,
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Speaker 5: very uneventful. But I'm I'm so tired.
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Speaker 2: I'm so tired.
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Speaker 5: I think it's because I didn't do anything. You know,
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Speaker 5: you know when you feel a little bit like a slug.
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Speaker 2: Yeah, I think that's what it is, and it's just snowballing.
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Speaker 4: Now. I'm peak slug, peak slug. Jesse, you peak slug
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Speaker 4: or if you had a good week. No, this week
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Speaker 4: has been a good week.
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Speaker 6: It was Valentine's Day, as we all know, I love
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Speaker 6: us themes, so I've been a holiday girlie. Yeah, I've
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Speaker 6: been wearing pink all week, really living the best life.
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Speaker 6: But apart from that, nothing exciting has been happening.
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Speaker 4: Have you ever thought, wow, I really should have lived
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Speaker 4: in America where they.
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Speaker 2: Really all the time. I just feel like.
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Speaker 4: Jess lives in America, like she's meant to live in
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Speaker 4: America with the amount she loves her holidays and how
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Speaker 4: much Americans celebrate holidays. Jess and I went to Orlando
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Speaker 4: last year. We were there for fin Con, which is
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Speaker 4: like a finance conference. It was actually really fun. It
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Speaker 4: was not going to be exploring that with you right now,
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Speaker 4: because you're quite judgmental and I just don't want the feedback.
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Speaker 4: But Jess and I had a very good time. Okay,
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Speaker 4: But while we were there, we actually had to prioritize
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Speaker 4: going to all the walmarts and targets in the area
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Speaker 4: because Jess wanted to bring home pumpkins, ceramic ceramic pumpkins,
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Speaker 4: ceramic decoration for when she got home in time for Halloween, because.
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Speaker 2: We don't do that yet. It's not fair. No, It's
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Speaker 2: very hard to find a pumpkin around.
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Speaker 6: I'm on the side of TikTok that is a American
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Speaker 6: TikTok because its people going to like American Target all
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Speaker 6: places like that way. They do all the decorature TikTok
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Speaker 6: And all I want now, even though I think it's vile,
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Speaker 6: is those really big jugs of doctor pepper and then
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Speaker 6: I want to put They like put things in their
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Speaker 6: doctor pepper obviously, look at beckspace them TikTok, you like
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Speaker 6: soda milkshake without them, Like they'll put things like coss creamer.
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Speaker 2: Oh my god, it's a lot. It's crazy in a
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Speaker 2: doctor pepper.
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Speaker 4: Yeah, because in Utah, a lot of the people that
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Speaker 4: live there are Mormons, any Mormon culture. They don't drink drinks.
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Speaker 4: They don't drink tea or coffee or alcohol. So the
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Speaker 4: one thing that they can have is usually like soda,
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Speaker 4: and they just have soda bars all around Utah and
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Speaker 4: that's what they do. Yeah, they do beignets and soda
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Speaker 4: like that's a thing. And I learn all of this
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Speaker 4: from TikTok because I am col Cha or a spider.
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Speaker 4: They basically make spiders. Yeah, but they like they got
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Speaker 4: me on too. And we've talked about this on the
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Speaker 4: podcast before, and Jesse, you reached the benefits of this.
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Speaker 3: I have.
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Speaker 4: I ordered it's called true lime. It's like crystallized lime juice,
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Speaker 4: so you can put it in your wallet and then
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Speaker 4: put it in your diet coke. Anywhere you go.
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Speaker 2: You put it in your wallet.
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Speaker 6: So I like have this like a little salt packet
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Speaker 6: that you have this little it's glad bagged.
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Speaker 2: Yeah.
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Speaker 4: So I had this little baggy in my wallet and
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Speaker 4: I pull it.
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Speaker 5: Out, my.
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Speaker 4: Bag of crystals, in your crystallized lime, and I put
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Speaker 4: it in my McDonald's diet coke.
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Speaker 2: Ask yes, is it good? It is okay, so good and.
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Speaker 4: Utah mom TikTok got me onto it. And I have
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Speaker 4: no shape.
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Speaker 5: My eyes are watering at the thought of how sour
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Speaker 5: that would be.
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Speaker 2: But it's it's it's proper lime.
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Speaker 4: I also learned one thing that I'm going to be
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Speaker 4: asking for for Christmas is a bench top ice maker, the.
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Speaker 2: Nugget ice machine. Yeah, and nugget ice machine. I tried
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Speaker 2: to buy you one for Christmas?
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Speaker 7: Did you know?
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Speaker 6: I tried to buy you one for your wedding present?
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Speaker 6: And did you know nowhere in Australia makes them. And
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Speaker 6: I thought about importing one. Then I was worried the
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Speaker 6: conversion wouldn't work and it would like leak and stuff
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Speaker 6: because like the faultye, that kind of stuff.
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Speaker 2: So I benched it for now.
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Speaker 4: If anyone knows where to get a nugget ice snaker
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Speaker 4: in Australia, you have one customer standing right here.
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Speaker 2: I have made too. Let's move on.
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Speaker 4: People aren't here to learn about dit cloth or lime
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Speaker 4: juice or beignetes or utah mums or even that Victoria
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Speaker 4: wants a nugget ice Machine're here to talk about money, uh,
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Speaker 4: specifically community money wins. Miss Jess Gorici, what have you
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Speaker 4: round up this week for us?
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Speaker 2: We're gonna start.
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Speaker 6: Off with a festive one, Teagan said. My husband and
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Speaker 6: I did an early Valentine's dinner to avoid having to
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Speaker 6: pay for inflated dinner packages. Smart so smart because so
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Speaker 6: many places you only do set menu, which sucks if
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Speaker 6: you're like me and you're fussy, because nine times out
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Speaker 6: of ten, at least one of the courses I'm like,
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Speaker 6: I don't want that.
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Speaker 4: I also find when it's set menu, like you don't
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Speaker 4: need that much food. Like I don't know about you guys,
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Speaker 4: but my partner and I often like do an entree
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Speaker 4: each and they're more like share and like a side
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Speaker 4: and a salad and then be like, oh, we've got
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Speaker 4: enough room for dessert, and like that is not what
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Speaker 4: happens when you go and do the set menu. Because
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Speaker 4: Valentine's Day, that's what we did.
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Speaker 2: Yeah, sucked in take him was smart.
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Speaker 4: I did get sucked in tig and as much styleway next,
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Speaker 4: I'm feeling great about myself.
6:17
Speaker 2: These money ins just keep on giving.
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Speaker 6: My next money in comes from La Baga, who said
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Speaker 6: my husband wanted to buy a smart watch for a
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Speaker 6: while last year, both of us upgraded our phones outright,
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Speaker 6: so I didn't buy him the watch. It was originally
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Speaker 6: eight hundred dollars, then it went on sale for six hundred.
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Speaker 6: Then I did sending you online and found one on
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Speaker 6: being Lea for four ninety. So then I went to
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Speaker 6: Office Works to get the price match plus the additional
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Speaker 6: five percent off that they do. So all up, I
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Speaker 6: paid four hundred and seventy two dollars for a seven
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Speaker 6: hundred ninety nine Samsung Watch five Pro.
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Speaker 2: Hubby, you were super surprised. What a genius I run away, Yes.
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Speaker 4: But I didn't even know that there was an additional
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Speaker 4: five percent in Office Works. And I feel like Office
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Speaker 4: Works has all of these random things that I didn't
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Speaker 4: even know they sold.
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Speaker 2: Yeah, watches. Did you know office Works did watches? I
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Speaker 2: thought they just dedprinted.
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Speaker 5: I thought that they only sold humongous bags of mentos.
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Speaker 5: Oh my god, yeah, hit the giant tins of my
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Speaker 5: low Ye Why this is so deep.
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Speaker 4: I don't know it. It's commercial, it's meant to be feelings.
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Speaker 2: Yeah, okay, it's just for the office of the office. Yeah,
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Speaker 2: just clocked right now. Yeah, you're on all right, Jess.
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Speaker 2: I've got one serving size like this is my type
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Speaker 2: of mi loja. Finally someone sees, someone gets me.
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Speaker 6: My next money in comes from Debbie, who said, after
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Speaker 6: having me reconstructive surgery, my income protection insurance claim was
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Speaker 6: just approved. The recovery time for this surgery is twelve months.
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Speaker 6: The money is very much welcome.
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Speaker 2: What twelve months? Isn't that crazy? Oh my gosh, how awful.
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Speaker 6: Super awful and a really good example of why income
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Speaker 6: protection all of those insurances that I had never heard
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Speaker 6: of until I listened to this podcast are really important.
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Speaker 4: Now you have them because your boss is a bully.
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Speaker 2: Pretty much pretty much and sent me all up.
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Speaker 4: Quick note on that actually, because I feel like I've
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Speaker 4: gotten a lot of dms recently, because everyone seems to
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Speaker 4: be getting their finances in order and people are asking
8:03
Speaker 4: me a lot, oh what do I do about my insurances?
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Speaker 4: Like you mentioned someone on a podcast at some point.
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Speaker 4: That person would have been Phil Thompson from Sky Wealth
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Speaker 4: and you can either go directly to him and be like,
8:13
Speaker 4: okay the girls that she's on the money say that
8:15
Speaker 4: you have to look after me, or you can actually
8:18
Speaker 4: head to our website She's on the Money dot com
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Speaker 4: dot au and we can match you with somebody who
8:22
Speaker 4: can help you out with your situation. So you can
8:24
Speaker 4: go to that website and say I just want my
8:26
Speaker 4: insurances sorted and will send you to the right person.
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Speaker 4: Or you might even want some financial advice and you'll
8:31
Speaker 4: be like, okay, cool, Well I don't just want insurances,
8:33
Speaker 4: I want financial advice and I really want to look
8:35
Speaker 4: at everything holistically. And we have a whole panel of
8:38
Speaker 4: people that we recommend, because, as you guys know, I'm
8:40
Speaker 4: no longer a financial advisor, so I've had to bring
8:43
Speaker 4: in all of my big dog friends to look after
8:45
Speaker 4: you guys.
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Speaker 2: Really really good.
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Speaker 6: We'll pop a link in the show notes where you
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Speaker 6: can fill that out this week as well. My next
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Speaker 6: money win comes from Danny who said she got fifteen
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Speaker 6: free credit points from class Pass by threatening to cancel
8:55
Speaker 6: her membership. That is Lovable Boy free Whole Polarates classes
8:59
Speaker 6: for free. These classes are Speno two, very very expensive.
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Speaker 5: You can get a lot just by blackmailing on it.
9:06
Speaker 5: And yeah, class past, I try.
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Speaker 2: Your bringing to the podcast in twenty twenty three. It's
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Speaker 2: not our that's not our angle, is it? No blackmailing?
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Speaker 5: Sorry, just I've noticed that with like I've tried to
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Speaker 5: join like Fitness First and stuff like this, and I
9:18
Speaker 5: kind of if I'm sitting on the fence about it,
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Speaker 5: They'll send me.
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Speaker 2: Firstly like thirty dollars a week, and then it goes
9:23
Speaker 2: down to twenty dollars a week, and then I'm just gonna.
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Speaker 5: Wait and wait and wait until it's really cheap and
9:27
Speaker 5: then jump on it because I'm going to join either way,
9:29
Speaker 5: but I'm waiting until.
9:30
Speaker 2: It's real, real cheap.
9:32
Speaker 5: She's a smart girl, so that's a money win, Class
9:34
Speaker 5: pass gym, same same.
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Speaker 4: It reminds me of that movie that came out last
9:39
Speaker 4: year called Queen Pins.
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Speaker 2: Do you remember that, Jess.
9:41
Speaker 4: I feel like you'd be all over it, And if
9:43
Speaker 4: you haven't seen it yet, I think it's on Prime
9:45
Speaker 4: and given you the Queen of Amazon, I know that
9:46
Speaker 4: you have Prime, sure, But it was all about these
9:51
Speaker 4: people who were like super Coop honors over in the US,
9:54
Speaker 4: and then they learned that you could complain and a
9:56
Speaker 4: company would then send you a free product, so they
9:59
Speaker 4: get the coop of the free product, and then they
10:01
Speaker 4: started like reproducing them and printing.
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Speaker 2: Them holes to them, and then.
10:06
Speaker 4: They were selling the coupons anyway. It was Yeah, I
10:11
Speaker 4: know that's extreme coupon and gone scammers.
10:15
Speaker 2: I just like Jess would love that. I have to
10:17
Speaker 2: check it out. That's brilliant.
10:19
Speaker 6: Speaking of dotty, actually, Andrew said she used her Flybys
10:21
Speaker 6: dollars this week to pay for fuel, so she only
10:23
Speaker 6: had to pay eight bucks.
10:24
Speaker 4: Oh my gosh, and fuels so expensive at the moment.
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Speaker 2: Cross geez.
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Speaker 6: And my very last one that I have this week
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Speaker 6: is from Abby, she said, money Win. I recycled my
10:35
Speaker 6: laptop through Apple's trading process and received a voucher to
10:38
Speaker 6: spend with them, so pretty much got free AirPods that
10:40
Speaker 6: are going to arrive tomorrow.
10:41
Speaker 2: Money win.
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Speaker 4: Speaking of recycling, just was it you on TikTok the
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Speaker 4: other day that said that you can take your furniture
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Speaker 4: back to I Oh my.
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Speaker 2: Gosh, yes, how good is that? Yeah?
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Speaker 6: You can jump online and just they have like an estimator,
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Speaker 6: so you put in what furniture you have and it's.
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Speaker 4: My calic shelves. They are going home.
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Speaker 2: Laid to rest from whence they came?
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Speaker 4: All right, so what there's an estimator online.
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Speaker 6: Yeah, you pick the condition it's like kind of excellent, average, poor,
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Speaker 6: and I'll give you an estimation. I mean, you've had
11:11
Speaker 6: it for ever, so that seems pretty fair.
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Speaker 2: That's thrifty. We love that.
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Speaker 6: And they'll give you an estimation what they think you're
11:16
Speaker 6: gonna get back, and then you just take it straight in.
11:18
Speaker 6: They'll have someone check it over and they're actually really
11:20
Speaker 6: good because one of my things I had marked it
11:23
Speaker 6: as I think average, and they're like, no, it's in
11:24
Speaker 6: like great condition. We'll give you the higher price point.
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Speaker 6: So they actually check it properly and are like quite
11:29
Speaker 6: generous with it, and then you just get about it.
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Speaker 6: I got two undred bucks back and that paid, Yeah,
11:34
Speaker 6: paid for my new TV unit, and it meant that
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Speaker 6: I didn't have to get rid of the stuff and
11:37
Speaker 6: it was a little bit easier than selling a marketplace,
11:39
Speaker 6: which you know, I love. But coordinating with people, yeah,
11:43
Speaker 6: huge pain in the ass. So just taking it straight
11:45
Speaker 6: back to Ikea could be good.
11:46
Speaker 2: I have a business idea.
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Speaker 4: You might like it. Beck, So what you're going to do?
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Speaker 4: Is you going to go on Facebook marketplace?
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Speaker 2: I had this thought. I was like, it might be
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Speaker 2: a little bit unethic.
11:56
Speaker 4: Maybe I'll blame Jess nowhere we're going. I feel like
12:00
Speaker 4: Jess and I live in the same blinked.
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Speaker 5: A certain way and just like, yeah, I get it.
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Speaker 1: Yeah.
12:09
Speaker 4: It was my body twitch and she was like yeah, okay,
12:11
Speaker 4: And though I know exactly.
12:12
Speaker 6: Whereas three words, and I was like, I'm pretty sure.
12:15
Speaker 4: I feel like this happens every day back But what
12:19
Speaker 4: you do is you go on Facebook marketplace and find
12:21
Speaker 4: all of the free pieces of furniture that ikea forniture
12:24
Speaker 4: that people are trying to get rid of.
12:26
Speaker 2: You take them to Ike Bank. That is so clever.
12:29
Speaker 2: It's probably as well, Yeah.
12:31
Speaker 4: It's probably not a good business idea since you only
12:34
Speaker 4: get store credits. Yeah you could go along the Queen
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Speaker 4: Pins route and sell your store credits.
12:39
Speaker 2: Yeah yeah, yeah.
12:40
Speaker 5: I just feel like this buy for economy in here,
12:43
Speaker 5: build it, sell it like oh I already you know
12:45
Speaker 5: I already yeah, and then sell those brand new, great
12:50
Speaker 5: condition and then you get money eventually.
12:53
Speaker 2: I feel like that is very backwards.
12:55
Speaker 4: I'm not going to go buy something brand new from
12:57
Speaker 4: my key to make it to sell it back to
12:59
Speaker 4: them at a loss. You are not in charge of
13:01
Speaker 4: the financial playing in this situation. Let's go to a
13:06
Speaker 4: really quick break and on the other side, we're gonna
13:08
Speaker 4: talk about a juicy money dilemma, which this week is
13:10
Speaker 4: all about buying property, and we're gonna unpack something that
13:13
Speaker 4: a couple of you guys have slid into our dms
13:15
Speaker 4: about recently, and that's the bank of Mum and Dad.
13:18
Speaker 2: So don't go anywhere.
13:26
Speaker 6: Welcome back, everybody. You know, I'm so about the property
13:29
Speaker 6: journey right now. I'm so in the thick of our answer.
13:31
Speaker 6: I'm pumped to hear this week's money dilemma, becau. Apparently
13:34
Speaker 6: it's all about property.
13:35
Speaker 2: It is.
13:35
Speaker 4: Let's have a listen, Hi, there, have you got a
13:39
Speaker 4: money dilemma you just can't solve? The She's on the
13:42
Speaker 4: Money team is here to help.
13:44
Speaker 2: Every week, we tackle.
13:45
Speaker 4: Your dilemmas, both big and small, to answer your most
13:48
Speaker 4: burning money, career and life questions. To get involved, simply
13:51
Speaker 4: head to our website and leave us a short voice
13:53
Speaker 4: recording and you might just find yourself on the show. Now,
13:56
Speaker 4: let's take a listen to this week's money dilemma.
14:01
Speaker 7: My partner I got married last year, so we are
14:04
Speaker 7: starting to build our savings again as well as payoff
14:08
Speaker 7: one of our credit cards. It's got about seven thousand
14:11
Speaker 7: dollars on it. We are looking to buy a house
14:15
Speaker 7: next year or the year after. We're just trying to
14:17
Speaker 7: get a deposit together. And I was wondering how much
14:21
Speaker 7: should we be looking at saving for this deposit and
14:25
Speaker 7: when it is a good time to reach out in
14:27
Speaker 7: regards to broker information or lending information. Thank you look
14:33
Speaker 7: forward to hearing from you.
14:34
Speaker 2: She sounds lovely.
14:35
Speaker 4: Love This is a very good question and actually perfectly
14:39
Speaker 4: timed because we have Kate, our resident mortgage broker from
14:42
Speaker 4: Zella Money, coming on the show next week to talk
14:45
Speaker 4: about buying property and what's going on in the property
14:47
Speaker 4: market in twenty twenty three. But you know what, I
14:50
Speaker 4: feel like the best person to directly talk about this
14:52
Speaker 4: because you're on that journey right now, is you, Jess,
14:54
Speaker 4: what are your recommendations?
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Speaker 6: I feel like there is no such thing as reaching
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Speaker 6: out to a broker to because I reached out when
15:01
Speaker 6: I thought I was maybe kind of a year and
15:04
Speaker 6: a halfish out from my journey, and turns out the
15:07
Speaker 6: journey has been one longer than I'd hoped for, but
15:09
Speaker 6: it was really helpful because it allowed me to firstly
15:12
Speaker 6: find a broker that I liked, which wasn't something that
15:15
Speaker 6: I anticipated having to do. And as you know we've
15:17
Speaker 6: spoken about it before, I found how to jump through
15:19
Speaker 6: a couple before I obviously ended up with Kate, who
15:21
Speaker 6: is the best.
15:22
Speaker 4: So you get that's what you get for trying to
15:24
Speaker 4: keep it out of the business and out of work.
15:27
Speaker 2: Yeah, not mix work and pleasure.
15:29
Speaker 4: Turned out you should just be It turns out you
15:30
Speaker 4: should just mix work and pleasure always you would have thought.
15:32
Speaker 6: So that was a whole time thing that I didn't anticipate,
15:35
Speaker 6: and then obviously just being able to prepare. So in
15:38
Speaker 6: this situation, you can talk to a broker. They might say, hey, well,
15:41
Speaker 6: you've got this credit card debt. It might be more
15:43
Speaker 6: valuable for you to pay off that before you apply
15:46
Speaker 6: for the loan, because maybe it's more detrimental than the
15:48
Speaker 6: amount of money that you could get. Or maybe they
15:51
Speaker 6: might say, oh, well, you think you need a ten
15:53
Speaker 6: percent deposit, but actually there's this scheme that's just come
15:55
Speaker 6: in and you only need five that you wouldn't have
15:57
Speaker 6: known about. So I feel like it's better to talk
15:59
Speaker 6: to you broker sooner than later because they just know
16:02
Speaker 6: so much more than anybody else does, and they'll be
16:04
Speaker 6: able to tell you what things you need to do
16:06
Speaker 6: to get ready. They might be able to give you
16:08
Speaker 6: a rough timeline and help you out, and then you
16:10
Speaker 6: can kind of just touch base with them as you're going,
16:14
Speaker 6: as Kate will attest to you, because at least once
16:16
Speaker 6: a fortnight she gets to text from me being.
16:17
Speaker 2: Like, Hey, what's up. Crazy question?
16:21
Speaker 6: But and Urine, it's just helpful to be able to go, oh,
16:24
Speaker 6: if I have a question, They're there to answer it
16:26
Speaker 6: for you one hundred percent.
16:27
Speaker 4: And I feel like a lot of people think that
16:29
Speaker 4: they're a burden when they reach out and they're like,
16:31
Speaker 4: but I'm not ready to buy. Like they're going to
16:33
Speaker 4: think I'm wasting their time. It's like, no, I promise
16:36
Speaker 4: a mortgage broker can actually sort out the people who
16:38
Speaker 4: are legitimately on that property buying journey, even if they're
16:41
Speaker 4: like two or three years out. And those people that
16:43
Speaker 4: are time wasters, promise you that they it's not their
16:46
Speaker 4: first rodeo.
16:47
Speaker 2: But also, a mortgage.
16:48
Speaker 4: Broker is actually going to love the fact that you're
16:50
Speaker 4: there early. There's no time pressure, there's no you turning
16:53
Speaker 4: up and being like, oh my gosh, Kate, I found
16:55
Speaker 4: this house this weekend and I want to settle on it.
16:57
Speaker 2: I want to put an offering that can be that's worse. Yeah,
17:00
Speaker 2: that's worse.
17:01
Speaker 4: Like that's scrambling to make things happen. And you know
17:04
Speaker 4: a good broker will do that and bend over backwards
17:06
Speaker 4: for you. But you know, Jess, we got you in
17:09
Speaker 4: early so we could set up your cash flow and
17:11
Speaker 4: set things up and make sure that you've dotted all
17:13
Speaker 4: your eyes and crossed all your tea's because sometimes you
17:16
Speaker 4: just don't realize. Sometimes you'd go, oh, I didn't even
17:19
Speaker 4: know that was a thing, And just like you said,
17:21
Speaker 4: sometimes a broker's going to go, oh, Jess, did you
17:24
Speaker 4: actually know you could buy.
17:25
Speaker 2: Now instead of later?
17:26
Speaker 4: Like you don't need that twenty percent deposit that you're
17:28
Speaker 4: working towards. So the question here was like how much
17:31
Speaker 4: should I be saving? Well, I can't tell you that
17:33
Speaker 4: because I don't know the semantics of your situation. I
17:36
Speaker 4: don't know how much you're buying for, how much your
17:38
Speaker 4: combined income is, what your expenses are, or what your
17:41
Speaker 4: life looks like, or even where you're going to be purchasing,
17:44
Speaker 4: because it will really depend on location too, because sometimes
17:47
Speaker 4: you need a high deposit for different locations around Australia,
17:50
Speaker 4: which is wild to think about, but I do think
17:53
Speaker 4: you should get in touch with a mortgage broker. And
17:55
Speaker 4: one thing that we find really helpful, and Jess you've
17:57
Speaker 4: been through this is the hour of power with our
18:00
Speaker 4: Zella Money team, where they'll actually sit you down and
18:03
Speaker 4: instead of just having a normal broken conversation, they'll sit
18:06
Speaker 4: down and go all right, Beck, where are we at?
18:08
Speaker 4: What are your goals? And actually instead of sitting down
18:10
Speaker 4: and just doing your borrowing capacity, they'll actually help you
18:14
Speaker 4: set up a budget and a cash flow that gets
18:16
Speaker 4: you to the goal that you're working towards and give
18:18
Speaker 4: you a lot more accountability and a cash flow system
18:21
Speaker 4: that works and something that's actually going to help you
18:24
Speaker 4: on that journey. It's a lot more hands on. But
18:27
Speaker 4: if you're in that position where you're like I'm not
18:29
Speaker 4: really sure what I'm doing or where I'm going, and
18:31
Speaker 4: I want to talk to a broker, but I don't
18:33
Speaker 4: even know what I want to buy, maybe an hour
18:35
Speaker 4: of power. Session is going to you know, turbo charge
18:38
Speaker 4: that journey and actually give you the clarity you're looking for.
18:41
Speaker 2: Yeah, all right, let's move on from that.
18:43
Speaker 4: As much as I love talking about property, there's going
18:45
Speaker 4: to be a lot of it next week. Let's move
18:47
Speaker 4: on to our community concern because this week we're unpacking
18:50
Speaker 4: something that you guys slid into our DMS about, which
18:53
Speaker 4: is the bank of Mum and Dad. So I want
18:55
Speaker 4: to talk about it. The message that we got was hello, ladies,
18:58
Speaker 4: hoping for a.
18:59
Speaker 2: Little bit of here.
19:00
Speaker 4: I'm struggling to come to terms with a friend of
19:02
Speaker 4: mine who just gets handouts from her parents left, right
19:05
Speaker 4: and center. I have to work really hard to be
19:08
Speaker 4: able to afford a new dress or even a bottomless brunch,
19:11
Speaker 4: and she can just message her dad and say I'm
19:13
Speaker 4: out of money, can you pay for my brunch? And
19:15
Speaker 4: he'll just transfer her money. I know that's not her fault.
19:18
Speaker 4: I'm battling with my own feelings of jealousy as I
19:21
Speaker 4: wish it came that easy for me too sometimes. But
19:24
Speaker 4: I was just wondering if you guys had any pointers
19:26
Speaker 4: for navigating the feelings I'm having around money.
19:30
Speaker 2: Beck. You see infuriated.
19:33
Speaker 5: No, I just I relate to this so much. It's
19:35
Speaker 5: such a hard thing to balance because I, on the
19:38
Speaker 5: one hand, want to be so happy for my friends
19:41
Speaker 5: who either like you know, get inheritance. It doesn't have
19:44
Speaker 5: to be from their mum and dad, just anyone in
19:46
Speaker 5: their family who has the ability to one day give
19:48
Speaker 5: the money to one day by house. I know that
19:51
Speaker 5: I'll never no matter what why you look at my life,
19:53
Speaker 5: I'm never ever going to have that, And so I'm
19:57
Speaker 5: constantly weighing up like feeling so were not good about it,
20:02
Speaker 5: feeling like oh my god, I wish I had that,
20:04
Speaker 5: but then genuinely being happy. And then also, if you
20:07
Speaker 5: look past my friend who just receivalless money, you're looking
20:11
Speaker 5: at an adult who purposely wanted this for their future
20:15
Speaker 5: children or grandchildren. So good on them for being able
20:19
Speaker 5: to make that happen. It's just a very I totally
20:22
Speaker 5: know that feeling of being.
20:23
Speaker 4: So juxtaposition right, but you want to feel good for them,
20:25
Speaker 4: but then you're also low key envious, But then you're
20:28
Speaker 4: also like, why shouldn't you work as hard as I
20:30
Speaker 4: do for this? But then you can also see that
20:32
Speaker 4: if their parents have set them up in that way,
20:34
Speaker 4: like they're getting a lot of gratification out of it.
20:36
Speaker 4: It must be really hard, Jess. Is this something that
20:39
Speaker 4: you see in you know, friendship groups around you.
20:41
Speaker 2: It's not super common.
20:43
Speaker 6: I think the friends that I have, none of them
20:45
Speaker 6: are ones that sound like this person where they're I guess,
20:48
Speaker 6: taking advantage of it. But I do have friends who
20:51
Speaker 6: have found themselves in situations where they've you know, things
20:53
Speaker 6: have been really tight, and they have asked their parents
20:55
Speaker 6: for help and their parents have been able to and
20:57
Speaker 6: I agree, like, I've never received money for my parents.
21:00
Speaker 6: I never will receive money from my parents. And it's
21:02
Speaker 6: one of those things where you kind of go, it's
21:04
Speaker 6: like an equity thing.
21:05
Speaker 2: I guess.
21:06
Speaker 6: You go, oh, like, I love my family, and you know,
21:09
Speaker 6: it's really hard to think about some families generationally have
21:13
Speaker 6: created that wealth and have you know, potentially really thought
21:16
Speaker 6: about setting their kids up and doing those things. And
21:18
Speaker 6: if you're from a family where maybe that was in
21:21
Speaker 6: a position they were able to be and it's not
21:23
Speaker 6: because they didn't love you, but it is also hard
21:25
Speaker 6: because you go, oh, well, this person gets opportunities that
21:28
Speaker 6: I don't know if I had that money, I could
21:29
Speaker 6: do this, and you know, it is really tough to
21:32
Speaker 6: I guess, balance the emotional side of it and feeling
21:35
Speaker 6: like you're lesser than or that your family is lesser than,
21:38
Speaker 6: when really it's just the card of hands that a
21:40
Speaker 6: lot of people would dealt and there's nothing that you
21:42
Speaker 6: can do about that. But I feel like she's being
21:45
Speaker 6: very self aware, like she's saying, oh my gosh, how
21:48
Speaker 6: to deal with this exactly, which I think is a
21:49
Speaker 6: really great thing, because if you let those feelings sit,
21:52
Speaker 6: it just makes you feel.
21:53
Speaker 2: Icky and gross.
21:55
Speaker 4: And it seems really common because we took it to
21:57
Speaker 4: you guys and asked you and did a few polls online.
22:00
Speaker 4: We said, do you have a friend that benefits from
22:02
Speaker 4: the bank of mum and dad? And sixty seven percent
22:05
Speaker 4: of you said yes, which it's not.
22:07
Speaker 2: A bad thing.
22:08
Speaker 4: And I think that what we need to really outline
22:10
Speaker 4: here is this is not a conversation of judgment, because,
22:13
Speaker 4: as you said before, Beck, like you know, parents have
22:15
Speaker 4: planned for that, or there might be intergenerational wealth at play,
22:19
Speaker 4: someone at some point has worked really hard, so that
22:22
Speaker 4: situation can occur. But I think it can be really
22:25
Speaker 4: hard when you're comparing yourself in This plays into the
22:28
Speaker 4: conversation of comparison culture, right, and like me seeing Jess's
22:32
Speaker 4: situation being like, oh, I'm so envious of everything she does.
22:36
Speaker 4: But then Jess, you know, maybe looking back at me
22:38
Speaker 4: and going, well, I'm envious of stuff you're doing, when
22:40
Speaker 4: in reality we should be sticking to our own lanes
22:43
Speaker 4: and seeing our own finances and seeing our own situations
22:46
Speaker 4: for what they are instead of what could have been
22:49
Speaker 4: or what might have been if our situations were different,
22:51
Speaker 4: because that doesn't change anything. Like you and I could
22:54
Speaker 4: sit here all day and talk about like, oh, well,
22:55
Speaker 4: what if we got massive inheritances and no one at
22:58
Speaker 4: this table is going to be in that position, Like
23:00
Speaker 4: it's just not who we are, it's not the families
23:03
Speaker 4: that we come from, and that's totally okay, But we
23:05
Speaker 4: could talk about it all day, like what would you
23:07
Speaker 4: do with a million dollars? Or what would you do
23:09
Speaker 4: or what would you do back if your parents helped
23:11
Speaker 4: you buy a hat? Like it's nice to sometimes have
23:14
Speaker 4: conversations that are aspirational, but I don't believe that's aspirational
23:17
Speaker 4: because it can't happen. So why are we hindering ourselves
23:20
Speaker 4: with these ideas and thoughts. Instead, why don't we go, oh,
23:24
Speaker 4: they've bought a house and like they got a leg up.
23:26
Speaker 4: But you know what, I live in Australia, I have
23:28
Speaker 4: a good job. How can I do that for myself?
23:30
Speaker 1: Like?
23:31
Speaker 4: Is that not something that we should be rewarding more
23:33
Speaker 4: or celebrating more? Like, yeah, I know that every single
23:37
Speaker 4: house purchase or every single financial goal in our community
23:40
Speaker 4: that's achieved is for the greater good. And it's kind
23:43
Speaker 4: of like that quote that we talk about all the time,
23:45
Speaker 4: a rising tide lift soul ships. But I think we
23:48
Speaker 4: really need to go back to where we come from
23:51
Speaker 4: and go is that constructive for us to talk about this?
23:54
Speaker 4: Is that actually, you know, going to put me in
23:55
Speaker 4: a better place having had this conversation? Or should I
23:58
Speaker 4: be channeling my efforts into something that I can actually
24:01
Speaker 4: change or that I have power over? And the easiest
24:04
Speaker 4: way to be disheartened about a circumstance or any type
24:07
Speaker 4: of situation is to put yourself in a situation where
24:09
Speaker 4: you know that that's not achievable. It feels like trash.
24:12
Speaker 2: Yeah, like it feels awful.
24:14
Speaker 4: The second I start being like, oh, beck, so you
24:16
Speaker 4: won't get an inheritance. What are you going to do
24:17
Speaker 4: about that? That's a trash conversation to have. Let's not
24:21
Speaker 4: have it, Beck, what are you going to do? Oh
24:22
Speaker 4: my gosh, you've talked about on the podcast being bankrupt before,
24:25
Speaker 4: and now you know before this episode, Beck and I
24:28
Speaker 4: were having a good conversation about credit scores and how
24:30
Speaker 4: to build yours up, and I think you didn't realize
24:32
Speaker 4: how good of a position you were in. And I
24:34
Speaker 4: think it's how do we build you up to put
24:37
Speaker 4: you in the best possible position because we don't all
24:39
Speaker 4: have the same start point.
24:40
Speaker 5: That's so true and it is something that I'm learning.
24:43
Speaker 5: It is possible no matter where you start, no matter
24:46
Speaker 5: how far back you've gone, it's possible to better your
24:50
Speaker 5: money situation.
24:51
Speaker 2: And that is huge. I write abundance mindset. I love it. Yeah,
24:55
Speaker 2: what do you reckon?
24:56
Speaker 4: I actually wrote something down this morning as I was
24:59
Speaker 4: drying my and I was thinking about this idea because
25:03
Speaker 4: someone on TikTok responded to one of my videos and
25:06
Speaker 4: we're like, oh, what's the point. It's fifty bucks a month.
25:09
Speaker 4: It's not actually going to put you in a position
25:10
Speaker 4: where you have millions to retire, Like what's the point?
25:13
Speaker 4: I was just like, what isn't the point? Like every
25:16
Speaker 4: step in the right direction is a step that is
25:19
Speaker 4: going to put you ahead. And by not taking any
25:23
Speaker 4: action at all and being like, what's the point, you're
25:25
Speaker 4: actually securing your worst possible fate, Like instead of saying, oh, yeah, well,
25:29
Speaker 4: actually I do do ten dollars a month and it's
25:32
Speaker 4: working towards my financial future at the end of that,
25:35
Speaker 4: is that not better than having nothing at all because
25:38
Speaker 4: you didn't take action? And I feel like it's such
25:40
Speaker 4: a gen z and millennial tone of voice. I suppose
25:44
Speaker 4: to go, well, what's the point we'll never buy a house,
25:47
Speaker 4: or what's the point you know everybody else has it
25:49
Speaker 4: given to them, or what's the point my friend's mum
25:52
Speaker 4: gives her everything?
25:53
Speaker 2: Like that's not the point.
25:54
Speaker 4: Isn't every step in the right direction a step in
25:57
Speaker 4: the right direction? And shouldn't we be seeing it for
25:59
Speaker 4: what it is? Like even if you invest over your
26:03
Speaker 4: entire lifetime and you're like, okay, cool, V I only
26:06
Speaker 4: have twenty bucks a month, but I've been doing that
26:08
Speaker 4: since I was eighteen, it's going to put me in
26:10
Speaker 4: a position where I have, you know, three hundred thousand
26:13
Speaker 4: dollars more than I was going to have had I not.
26:15
Speaker 4: Some people might see it and be like, but you
26:17
Speaker 4: need millions to retire. Isn't three hundred thousand dollars a
26:20
Speaker 4: lot more than what you didn't have already?
26:23
Speaker 2: But do you know what I mean?
26:24
Speaker 4: It blows my mind that there's this idea of well
26:26
Speaker 4: why bother? And I feel like the bank of Mum
26:29
Speaker 4: and Dad complained to that because you see your friends
26:31
Speaker 4: and you see this comparison culture, and you immediately go, well,
26:33
Speaker 4: what's the point. They've got everything given to them, Why
26:36
Speaker 4: should I even bother? I don't have that, like, I'm
26:38
Speaker 4: never going to be successful, And it blows my mind.
26:41
Speaker 6: What did the people say? What did everyone else kind
26:43
Speaker 6: of think? Were they on the same wavelengths?
26:45
Speaker 2: They absolutely were.
26:46
Speaker 4: It's actually a little bit colorful, and this week we
26:48
Speaker 4: got a few more emotional responses than we usually get.
26:51
Speaker 4: So someone said, this was something I realized when I
26:54
Speaker 4: started work, and it made me feel better about not
26:57
Speaker 4: comparing myself to others when I learned how much into
27:00
Speaker 4: generational wealth has helped some people. And that's from somebody
27:03
Speaker 4: who is in a state planning lawyer. Someone said, my
27:06
Speaker 4: parents helped me with money to get a property at
27:09
Speaker 4: twenty four that I live in Now. I actually feel
27:12
Speaker 4: really guilty as I've avoided the rental crisis and that's
27:15
Speaker 4: not something I can say is true for my friends.
27:17
Speaker 6: Yeah, I guess as the flip side of that, hey, Like,
27:20
Speaker 6: I mean, some people probably aren't selfware enough to realize
27:22
Speaker 6: the impact that they're having on their friends by being privileged.
27:25
Speaker 6: But for some people, maybe they feel awkward about it too.
27:27
Speaker 4: Yeah, I live in this world where I just don't
27:29
Speaker 4: think privilege shouldn't exist. I think that if we are
27:33
Speaker 4: going to have privilege existing, we actually just need to
27:35
Speaker 4: be acknowledging it. Like I am privileged because I am
27:38
Speaker 4: a white woman who grew up in Australia and had
27:41
Speaker 4: every opportunity thrown at her. Yes, I didn't come from
27:44
Speaker 4: intergenerational wealth, but like I had super supportive parents and
27:47
Speaker 4: I went to a good school, and those things at
27:50
Speaker 4: a base level are I guess, gratuities or things that
27:54
Speaker 4: weren't extended to other people in our community. And I
27:57
Speaker 4: think that we need to regardless of what our level
27:59
Speaker 4: of privilege, we need to acknowledge that and if it
28:01
Speaker 4: happens to be you've got into generational wealth. Great, like
28:04
Speaker 4: be self aware of it. I think if we like
28:06
Speaker 4: shifted this conversation a bit and your friend in this
28:09
Speaker 4: circumstance was a bit more self aware, maybe that wouldn't
28:12
Speaker 4: make you feel as bad if your friend was like,
28:14
Speaker 4: oh my gosh, yes, or maybe was a little bit
28:17
Speaker 4: more sneaky about it, unless like, oh, I just get
28:19
Speaker 4: mum and dad to pay for it, do you know
28:20
Speaker 4: what I mean? Like, I feel like it's the conversation
28:22
Speaker 4: around it because having grown up in an area where
28:27
Speaker 4: we weren't wealthy, but there were a lot of wealthy people,
28:30
Speaker 4: Like I remember talking to my parents and then being like, yep,
28:33
Speaker 4: we're not going to be able to afford to purchase
28:34
Speaker 4: you your first card, and I was like, yep, of course.
28:36
Speaker 2: I'll work for that.
28:37
Speaker 4: And then you know, going to school and one of
28:39
Speaker 4: the girls I went to school with having been given
28:42
Speaker 4: a brand new BMW for her sixteen mile said, but
28:46
Speaker 4: I remember that juxtaposition of being like, wow, like she
28:49
Speaker 4: has this, and you know, my parents have said that
28:51
Speaker 4: I need to save and Mum and dad were like,
28:52
Speaker 4: can you know we can match you to this and
28:54
Speaker 4: help you.
28:54
Speaker 2: And like my parents were so good.
28:57
Speaker 4: But you know, even then, you just feel a bit like, oh, like,
29:01
Speaker 4: how does this happen? Yeah, but that person never acknowledged
29:04
Speaker 4: their privilege, and I think that makes it worse, Like
29:07
Speaker 4: that makes it feel weird, as though they deserve it. Yeah,
29:11
Speaker 4: like that's not the case at all. Someone else said
29:14
Speaker 4: good communication always goes a long way, which I think
29:18
Speaker 4: was really good. Someone said, this happened with my partner.
29:21
Speaker 4: She doesn't understand my upbringing with money, and it can
29:24
Speaker 4: cause drama because I feel especially guilty because she got
29:28
Speaker 4: her unifees paid for and has family savings and doesn't
29:31
Speaker 4: have to worry at all. Yeah, like that's so true, right,
29:34
Speaker 4: Like I don't know about you, guys. Beck, you would
29:36
Speaker 4: be exactly the same as me. You just had to
29:38
Speaker 4: go to work the second you got to an age
29:40
Speaker 4: where you could earn go to work exactly, Like that's
29:43
Speaker 4: how it's gonna work for you. Another person said, when
29:46
Speaker 4: my friend's parents are guarantees on their property loans and
29:49
Speaker 4: my parents won't offer to it makes me feel like trash,
29:53
Speaker 4: Like that's really hard. Someone else said, well, it's not
29:56
Speaker 4: really teaching her the reality of the world. Yeah, but
29:59
Speaker 4: I argue that's the reality of her world exactly, like,
30:03
Speaker 4: and that's not the reality. Like just because another reality
30:07
Speaker 4: exists doesn't mean you have to experience it for it
30:10
Speaker 4: to be true exactly. Someone said, I'm very transparent with
30:13
Speaker 4: my close friends about how my parents really support me
30:16
Speaker 4: and lend me, slash give me money, which I think
30:18
Speaker 4: is really good. And I think if you're in that circumstance,
30:21
Speaker 4: can we just be transparent about it? Yeah, Like, if
30:23
Speaker 4: your parents are being guarantores on your property, I know
30:27
Speaker 4: that sometimes people feel a little bit guilty, like a
30:30
Speaker 4: little bit like, oh, I don't want to tell anybody
30:32
Speaker 4: because like I want people to know that I worked
30:35
Speaker 4: really hard for this, because sometimes I feel like if
30:37
Speaker 4: you admit that you had a guaranteur, it's diminishing the
30:41
Speaker 4: efforts that you put towards getting that property. And I'm
30:45
Speaker 4: not saying that it does at all, but it also
30:48
Speaker 4: diminishes the feelings of your friends if you don't admit
30:51
Speaker 4: to them how you somehow came up with a two
30:53
Speaker 4: hundred and fifty thousand dollars deposit when they're scrambling to
30:56
Speaker 4: get their first one hundred grand together as a couple.
30:59
Speaker 2: Does that make so it.
31:00
Speaker 4: Can feel like, oh wow, I didn't even know they
31:02
Speaker 4: was saving for a house, and all of a sudden,
31:04
Speaker 4: they've got a one point two million dollar property with
31:06
Speaker 4: their partner.
31:06
Speaker 2: What How did this happen?
31:07
Speaker 1: Like?
31:08
Speaker 4: Oh yeah, like we've just been saving what.
31:11
Speaker 6: Yeah, it makes it go both ways. My favorite response
31:13
Speaker 6: that I saw said transparency helps. When my friends started
31:16
Speaker 6: buying one point five million dollar properties, I was shocked,
31:19
Speaker 6: But then when I asked if they had family help,
31:21
Speaker 6: most of them did. It made me feel better knowing
31:24
Speaker 6: what had happened. And after talking to one of my friends,
31:26
Speaker 6: she was self aware of the privilege and it made
31:28
Speaker 6: us feel so much closer having that conversation. I think
31:32
Speaker 6: this person, aka the person who DMed us, needs to
31:36
Speaker 6: talk to her friend about how she feels and maybe
31:38
Speaker 6: even set some boundaries around what activities they can do together.
31:41
Speaker 6: If she's feeling like there's a bit of financial stress
31:43
Speaker 6: on her because she has less money than her friend
31:45
Speaker 6: or less room in her budget. Otherwise, just being open
31:48
Speaker 6: about it might help the friendship. It's hard to tell
31:50
Speaker 6: if the rich friend here is being ignorant or if
31:53
Speaker 6: she's just pressuring her to keep up.
31:54
Speaker 4: Yeah, one hundred percent, And I think the crux of
31:57
Speaker 4: this conversation is comparison is the thief of joy, and
32:01
Speaker 4: we absolutely should not be comparing ourselves to anybody else's circumstances.
32:06
Speaker 4: But then also acknowledging that maybe there is some family
32:08
Speaker 4: help there sometimes that you don't even see. And it's
32:11
Speaker 4: also that crash landing pad, right, Like you see friends
32:15
Speaker 4: who do rely on their parents, they might be more
32:17
Speaker 4: likely to take on risks because they know, like if
32:20
Speaker 4: everything fails and if I blow the budget, and like
32:23
Speaker 4: I go to Europe and I come home with absolutely nothing,
32:26
Speaker 4: Mum and dad will look after me. Whereas that's not
32:28
Speaker 4: the reality for a lot of people, Like that's not
32:30
Speaker 4: an option, Like you don't have anybody to rely on.
32:34
Speaker 4: And I think that the bank of mum and Dad
32:36
Speaker 4: is not just about home guarantores and big amounts of
32:39
Speaker 4: money being gifted. I think sometimes it can also be
32:42
Speaker 4: that financial security of knowing that somebody else has your back.
32:46
Speaker 4: It might be fifty bucks, Like you might not come
32:48
Speaker 4: from a super high income family, but you know, if
32:51
Speaker 4: everything hit the fan tomorrow, you've got parents that you
32:54
Speaker 4: can call me, like, hey, Mom, I really need help.
32:56
Speaker 4: I'm in a bit of a pickle and that is
32:58
Speaker 4: not something that is exc ended to everybody in our
33:01
Speaker 4: community either, and I feel like that for me also
33:03
Speaker 4: falls into the bank of mum and Dad, which is
33:05
Speaker 4: that feeling of financial security when you have good relationships
33:08
Speaker 4: with family members.
33:10
Speaker 6: Super interesting and if you do want to have those
33:12
Speaker 6: conversations with us, make sure you're following us on Instagram
33:15
Speaker 6: where She's on the Money AUS. We share our community
33:18
Speaker 6: concern every single week and we want you to weigh
33:20
Speaker 6: in because it's really interesting to get all of those
33:22
Speaker 6: different perspectives one hundred percent.
33:23
Speaker 4: But speaking of talking to us in person, Jessica, what's
33:27
Speaker 4: happening soon?
33:28
Speaker 6: Oh my gosh, it's only a few short weeks until
33:31
Speaker 6: International Women's Day. We are so freaking pumped about it.
33:35
Speaker 2: Oh my gosh.
33:36
Speaker 6: Not that she's counting or anything, but if you haven't already,
33:38
Speaker 6: I believe two of our four cities are. There's like
33:42
Speaker 6: fifteen to twenty tickets left. They're slim pickings, very slim picking.
33:45
Speaker 6: So if you haven't grabbed your ticket, please head to
33:47
Speaker 6: the website. We'll link it in the show notes. It's
33:50
Speaker 6: so exciting. This week we announced the goodie bags. They
33:53
Speaker 6: very little bit city by city, but they're all worth
33:56
Speaker 6: over three hundred dollars.
33:59
Speaker 2: It's actually so exciting.
34:00
Speaker 4: I cannot believe that our team has pulled this together.
34:03
Speaker 2: It's wild.
34:04
Speaker 6: The brands that we have are unreal. And if you
34:06
Speaker 6: want to see that hedge the Instagram because we did
34:08
Speaker 6: a post summarizing it all so you can have a
34:09
Speaker 6: little squizz.
34:10
Speaker 4: But I'm going to give you a little bit of
34:12
Speaker 4: a hint, like if you're just a listener please Okay.
34:14
Speaker 4: So we have our friends on board from Go to Skincare.
34:17
Speaker 4: We've got Adoor Beauty, Cadbury Chocolates, Naked Harvest, the Quick Flick.
34:22
Speaker 4: We've got our friends from LSKD which Jess and I
34:25
Speaker 4: are obsessed with. They're a whole heap. We've also got
34:28
Speaker 4: Skinstitute and Frank Body, which I am obsessed with. Just
34:32
Speaker 4: like a little few just to do some name dropping.
34:33
Speaker 2: You know, oh my god.
34:34
Speaker 4: Yeah, but there's this beautiful face of mom and dad
34:36
Speaker 4: people they name drop.
34:38
Speaker 2: Oh yeah.
34:39
Speaker 6: So definitely if you want to grab a ticket, please
34:41
Speaker 6: hea to the website. We're so excited to.
34:42
Speaker 2: Be putting on.
34:43
Speaker 6: We couldn't do it without our friends from Chasas who
34:45
Speaker 6: have just been absolutely incredible and so supportive of us.
34:48
Speaker 6: They really embody I think the whole idea that we
34:52
Speaker 6: really love beying International Women's Day. They've got Roberts who
34:55
Speaker 6: will actually.
34:55
Speaker 2: Be making an appearance at some of the events, which
34:57
Speaker 2: I'm obsessed with her.
34:58
Speaker 6: I think she's the coolest per and she's a part
35:00
Speaker 6: of their CEO team. We love a business led by
35:03
Speaker 6: a female, We just truly do.
35:05
Speaker 4: And I feel like they have always been super supportive
35:07
Speaker 4: of the content we create, which obviously is one thing
35:10
Speaker 4: to say, but they really walk the walk, like they
35:12
Speaker 4: really embrace the content that we create so that other
35:16
Speaker 4: people can be in better financial circumstances because of them,
35:19
Speaker 4: and people can start their investing journeys. Like I'm obsessed
35:22
Speaker 4: with them, which you guys already know, but I think
35:24
Speaker 4: that's enough. If you want International Women's Day tickets, our
35:26
Speaker 4: link will be in the show notes, along with all
35:28
Speaker 4: of the links for everything else we've mentioned this episode. Guys,
35:31
Speaker 4: it's been a good week. I hope you have a
35:33
Speaker 4: good weekend and we'll see you again on Monday.
35:35
Speaker 2: See you guys, then bye bye.
35:43
Speaker 4: The advice shared on She's on the Money is general
35:45
Speaker 4: in nature and does not consider your individual circumstances. She's
35:49
Speaker 4: on the Money exists purely for educational purposes and should
35:53
Speaker 4: not be relied upon to make an investment or financial decision.
35:56
Speaker 2: If you do choose to buy a financial product.
35:58
Speaker 4: Read the pds and obtain appropriate financial advice tailored towards
36:03
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