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Transcript

Investing & Tax Made Simple · She's On The Money

• 0:05
  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Order
• 0:09
  Speaker 1: Order Kerni Whoalbury and a Wadery woman. And before we
• 0:13
  Speaker 1: get started on She's on the Money podcast, I would
• 0:16
  Speaker 1: like to acknowledge the traditional custodians of the land of
• 0:19
  Speaker 1: which this podcast is recorded on a wondery country, acknowledging
• 0:23
  Speaker 1: the elders, the ancestors and the next generation coming through
• 0:27
  Speaker 1: as this podcast is about connecting, empowering, knowledge sharing and
• 0:31
  Speaker 1: the storytelling of you to make a difference for today
• 0:35
  Speaker 1: and lasting impact for tomorrow.
• 0:38
  Speaker 2: Let's get into it.
• 0:39
  Speaker 3: She's on the Money. She's on the Money.
• 1:02
  Speaker 4: Hello, and welcome to She's on the Money, the podcast
• 1:05
  Speaker 4: that makes personal finance fun.
• 1:07
  Speaker 5: Especially on Fridays.
• 1:08
  Speaker 4: It's our favorite day of the week because we get
• 1:11
  Speaker 4: the team together today to celebrate you, our incredible She's
• 1:14
  Speaker 4: on the Money community today, mister, she is going to
• 1:17
  Speaker 4: be taking us through her favorite money wins from the community.
• 1:20
  Speaker 5: Beck has a few broke tips for us.
• 1:23
  Speaker 4: So believe you might have borrowed or as justin I say,
• 1:27
  Speaker 4: liberated one from someone else. We're going to be helping
• 1:30
  Speaker 4: to answer a juicy money dilemma which This week is
• 1:32
  Speaker 4: all about taxes and investing, and we're also going to
• 1:35
  Speaker 4: unpack something you slid into our dams about. This week,
• 1:37
  Speaker 4: we're chatting about navigating in laws that are overstepping.
• 1:40
  Speaker 5: When it comes to presents for your kids. I don't
• 1:44
  Speaker 5: know how I feel about that one.
• 1:45
  Speaker 2: I'm excited. I don't know if I am hard always
• 1:50
  Speaker 2: what did you say?
• 1:51
  Speaker 6: Just in law stuff? Anything you ever hear, it's always
• 1:55
  Speaker 6: in laws.
• 1:55
  Speaker 5: See.
• 1:56
  Speaker 4: I always feel like all of the Reddit threads are like,
• 1:58
  Speaker 4: oh my mother in law x Y said. I feel
• 2:00
  Speaker 4: like I did one thing good and one thing bad
• 2:03
  Speaker 4: when I got married. I married into a family that had.
• 2:05
  Speaker 5: A brilliant mother in law. But I also married into
• 2:08
  Speaker 5: a family that runs.
• 2:10
  Speaker 2: Yeah, well you can't like it. You can't have it all.
• 2:13
  Speaker 5: Yeah, yeah, you can't have it all.
• 2:15
  Speaker 4: But like, what do you mean you're still doing marathons ondays?
• 2:20
  Speaker 4: They go for mornings. Yeah, I just meet them at
• 2:23
  Speaker 4: the cafe.
• 2:24
  Speaker 5: Yes. Yeah. And now we have a baby, you guys
• 2:27
  Speaker 5: go on and run. I'll look after the babies at home.
• 2:30
  Speaker 2: Is that why you have the baby. I would have
• 2:31
  Speaker 2: a baby just so I could be like, I can't run.
• 2:34
  Speaker 2: You guys say.
• 2:35
  Speaker 4: Week and I was pregnant, like there was just yeah
• 2:38
  Speaker 4: exactly or anyway, how have your weeks been, miss Beck
• 2:42
  Speaker 4: say ed, what have you been up to?
• 2:43
  Speaker 2: It's been a really nice week. My family came to
• 2:45
  Speaker 2: Melbourne for like the well my mom came once, but
• 2:48
  Speaker 2: my younger brothers hadn't like come to visits o c.
• 2:51
  Speaker 2: Seven years ago. It was really really nice. They met
• 2:54
  Speaker 2: all my friends and like, it's so weeks. I have
• 2:56
  Speaker 2: the whole world here, a whole like family here and
• 3:00
  Speaker 2: obviously my family in Sydney as well, but the two
• 3:04
  Speaker 2: haven't really integrated. Yeah, like not meshs in they haven't
• 3:07
  Speaker 2: got they literally haven't. And so it was really nice
• 3:11
  Speaker 2: for my two worlds to come together and be like, oh,
• 3:14
  Speaker 2: there's this, like there's a.
• 3:16
  Speaker 5: Whole shit isn't making up having your girlfriend?
• 3:19
  Speaker 2: Everyone's real, everyone exists and everyone gets along so well.
• 3:22
  Speaker 2: And it was just like it was a perfect weekend.
• 3:24
  Speaker 2: It was really really nice.
• 3:26
  Speaker 5: Love that. Yeah.
• 3:28
  Speaker 2: Other than that, nothing really Heckedy, it's been going on,
• 3:31
  Speaker 2: just good living life, live love, laugh, live love laugh.
• 3:34
  Speaker 6: What about you, Jess, I I mean a fight with
• 3:37
  Speaker 6: my property managers? Juicy juicy, Yes again, I fear I
• 3:42
  Speaker 6: am being petty. I don't I know I'm being petty.
• 3:45
  Speaker 4: Okay, okay, okay, is this like one of those I am?
• 3:48
  Speaker 4: I the ass whole moment?
• 3:50
  Speaker 5: All right? Tell us the story.
• 3:52
  Speaker 6: So our rent, I think our least or like our
• 3:56
  Speaker 6: month starts on like the fifteenth or something. But in
• 3:58
  Speaker 6: our lease it says your rent will be ebbitted on
• 4:00
  Speaker 6: the twelfth, which is totally fine. We find the least.
• 4:02
  Speaker 6: We knew that we agreed to that.
• 4:03
  Speaker 5: That's really annoying because you get paid on the fifteenth.
• 4:05
  Speaker 6: It's fine. I have it all set up so it
• 4:07
  Speaker 6: like cash.
• 4:08
  Speaker 5: I was like, yeah, but that would be so frustrated.
• 4:11
  Speaker 6: A little irritating, but it's fine. We work around it.
• 4:12
  Speaker 6: We knew that when we signed it. So this month
• 4:15
  Speaker 6: they took our money out on the tenth or they
• 4:19
  Speaker 6: attempt it's an autod debit. They attempted to auto debbit
• 4:21
  Speaker 6: and it bounced because the money wasn't in there because,
• 4:23
  Speaker 6: as I said, auto transfers.
• 4:25
  Speaker 1: Yes.
• 4:25
  Speaker 6: Now, when we signed our least, a little bit of context,
• 4:28
  Speaker 6: it said that all of the payment methods incurred a fee.
• 4:33
  Speaker 6: And I said to them, because I used to work
• 4:35
  Speaker 6: in property, I was like, you actually in Victoria are
• 4:38
  Speaker 6: legally required to provide me at least one payment method
• 4:40
  Speaker 6: option that does not incur a fee, like that's the loss.
• 4:43
  Speaker 6: And they were like, oh, yes, okay.
• 4:44
  Speaker 5: I would not want to mess with Jess.
• 4:47
  Speaker 6: I read the t's and c's people anyway, so they
• 4:50
  Speaker 6: at the time they're like, okay, you can direct debit it.
• 4:52
  Speaker 6: That is the method that doesn't incur the feet. So
• 4:55
  Speaker 6: when this auto transfer didn't go through on the tenth,
• 4:58
  Speaker 6: I got a text from our property manager saying, hey, like,
• 5:00
  Speaker 6: you need to manually process it because the direct debit
• 5:02
  Speaker 6: didn't work. There's gonna be like a ninety cent fee
• 5:05
  Speaker 6: for it. And I said, why am I paying a
• 5:08
  Speaker 6: ninety cent fee and she said, well, it's only you know,
• 5:11
  Speaker 6: the method that you're using to pay in cursor fee
• 5:13
  Speaker 6: to release the money. And I said, okay, but I
• 5:16
  Speaker 6: like the money didn't come out because you tried to
• 5:18
  Speaker 6: take it out early, Like if you've taken it out
• 5:20
  Speaker 6: on the day that we legally agree to in this
• 5:23
  Speaker 6: binding document, the money was available. And she basically tried
• 5:26
  Speaker 6: to say, oh no, well, the you know that, it's
• 5:29
  Speaker 6: just the system, Like, so the system's work, you have
• 5:30
  Speaker 6: to do. It's the only thing is available.
• 5:32
  Speaker 5: That's really weird. But you're in breach of your contract. Correct.
• 5:35
  Speaker 6: So I paid her like straight away. I transferred the
• 5:37
  Speaker 6: money minus the ninety cent fee, and so and so
• 5:42
  Speaker 6: I got a text last night from my proberty manager saying, hey,
• 5:44
  Speaker 6: like you're we need ninety cents to release it to
• 5:47
  Speaker 6: the like owners. And I said, that's a business expense.
• 5:50
  Speaker 6: I'm not paying the ninety cent fee. And they said, well,
• 5:53
  Speaker 6: you should have the money available in your account four
• 5:55
  Speaker 6: days before the money is due.
• 5:57
  Speaker 2: To literally we're alle her.
• 6:00
  Speaker 6: And my exact words were, can you please show me
• 6:02
  Speaker 6: where in my lease it says the money will be
• 6:04
  Speaker 6: debitted on the tenth of the month. And I got
• 6:06
  Speaker 6: no response, and.
• 6:07
  Speaker 5: I forgot no respond thing since.
• 6:09
  Speaker 6: And I feel I know that I'm kind of being
• 6:11
  Speaker 6: as because can I pay the ninety cents obviously, but
• 6:13
  Speaker 6: the principle of the matter, I get that don't want
• 6:16
  Speaker 6: to pay it because I'm not in the wrong.
• 6:20
  Speaker 5: I was like, ould check pay the ninety cents.
• 6:23
  Speaker 6: I feel like, I'm sure there's property managers listening to
• 6:26
  Speaker 6: this right now, being like you are why I hate
• 6:28
  Speaker 6: my job, but we are good tenants, like we've never
• 6:30
  Speaker 6: ever missed our brant. It's always come out on time.
• 6:33
  Speaker 6: We look after the house like.
• 6:34
  Speaker 4: I've got no doubt, and like it's so frustrating because
• 6:37
  Speaker 4: like that property manager is probably going to be like,
• 6:40
  Speaker 4: screw it, I'll just pay the ninety cents to her
• 6:42
  Speaker 4: out of my own pocket because it's the system, not them.
• 6:45
  Speaker 4: But at the same time, but at the same time,
• 6:48
  Speaker 4: it's not your problem. And as the property manager, they
• 6:50
  Speaker 4: should be making sure that the systems work for both
• 6:53
  Speaker 4: the landlords.
• 6:54
  Speaker 5: And the tenants.
• 6:55
  Speaker 4: Because if I owned an investment property and I found
• 6:58
  Speaker 4: out that the people I was paying to manage my
• 7:01
  Speaker 4: property were trying to take money off my tenants early,
• 7:05
  Speaker 4: I'd be.
• 7:06
  Speaker 5: Pretty pissed off totally. I'd be like, I'm sorry, that's.
• 7:08
  Speaker 4: Not how we do business here. That's not how that works.
• 7:12
  Speaker 4: Like you might also like, let's dive a little bit
• 7:15
  Speaker 4: deeper into this, because I am, if not anything crazy.
• 7:19
  Speaker 4: What if you had that money invested, that's two days
• 7:22
  Speaker 4: of interest that you're missing out on because they tried
• 7:24
  Speaker 4: to take your money early.
• 7:25
  Speaker 6: Well, that's why I have it like it moves over
• 7:28
  Speaker 6: a day before, so it's like no matter what time
• 7:30
  Speaker 6: they try to take it out on the twelfth. It's
• 7:32
  Speaker 6: always we move it over on the eleventh. But I
• 7:35
  Speaker 6: wanted to sitting in my account as long as possible.
• 7:36
  Speaker 6: So I'm like, well, that's interest that I'm that's literally
• 7:40
  Speaker 6: why I do it that.
• 7:41
  Speaker 4: Yeah, okay, so it's literally that Isn't that insane to
• 7:44
  Speaker 4: think that? I don't know, I just feel like that's
• 7:47
  Speaker 4: so sneaky of them to take it early.
• 7:49
  Speaker 2: It's such just do that was like it was a Friday.
• 7:51
  Speaker 5: Well, I don't know.
• 7:52
  Speaker 6: They like, if it's an automatic system, it should just
• 7:54
  Speaker 6: auto debit on whatever debt during any I don't know.
• 7:58
  Speaker 6: Part of me is like, just suck it up and
• 8:00
  Speaker 6: it's fine, But then part of me is like, no,
• 8:02
  Speaker 6: stick it to the man.
• 8:03
  Speaker 2: Yeah, no, I agree with You're in the right.
• 8:05
  Speaker 6: And this is how like people get taken advantage of
• 8:07
  Speaker 6: exactly the little things go and then all of a sudden,
• 8:11
  Speaker 6: your rent's being jacked up six hundred percent I don't know.
• 8:13
  Speaker 2: Exactly, and before you know it, they'll be like, oh,
• 8:15
  Speaker 2: you just have to pay a small fee of like
• 8:17
  Speaker 2: fourteen dollars, and then it's like you just you know,
• 8:19
  Speaker 2: you just want to you want to stop it right there.
• 8:21
  Speaker 2: And be like, hey, I know the rules and I
• 8:23
  Speaker 2: know that this is not allowed. So whether it's ninety
• 8:25
  Speaker 2: cents or ninety dollars, you do.
• 8:27
  Speaker 4: I feel like this is e learning though for everybody
• 8:29
  Speaker 4: in the community. One, you legally are entitled to a
• 8:34
  Speaker 4: payment method that doesn't incur fee in that'srea of the state,
• 8:38
  Speaker 4: but like worth looking into for other states really, because
• 8:41
  Speaker 4: those little things do add up. Also direct debit. I
• 8:45
  Speaker 4: love a direct abbit. I love not thinking about it.
• 8:47
  Speaker 4: My phone villain stuff is on direct ebbit and I
• 8:49
  Speaker 4: always get a text saying, oh, on this date, we're
• 8:52
  Speaker 4: going to be taking it out of your thing, and
• 8:53
  Speaker 4: I'm like, great, I'm an adhd girly. If you send
• 8:56
  Speaker 4: me an invoice and say hey, v this is oh wing,
• 9:00
  Speaker 4: I'll be like fantastic, of course I'll pay you. And
• 9:02
  Speaker 4: then I shut my phone and I've forgotten that I
• 9:04
  Speaker 4: had to do anything, and I'm like, do you want
• 9:05
  Speaker 4: to go to maccuz Like I am a goldfish. So
• 9:10
  Speaker 4: the idea that you can direct debit things and set
• 9:12
  Speaker 4: things up is perfect, but now they're just causing you
• 9:15
  Speaker 4: even more.
• 9:16
  Speaker 5: Admin Jess so.
• 9:18
  Speaker 2: Am I the asshole.
• 9:21
  Speaker 6: It's probably probably managing like yes you are. I'm sorry.
• 9:24
  Speaker 5: It's just I'm making your job hard.
• 9:26
  Speaker 4: But I'm also just asking to be treated with respect
• 9:31
  Speaker 4: and taking my money early is not respectful.
• 9:34
  Speaker 2: Four days arbitrary, like you had to have the money
• 9:38
  Speaker 2: in there four days before processing? Where did that come
• 9:40
  Speaker 2: from all of a sudden?
• 9:41
  Speaker 6: And that's what I four days. Yeah, that's what they
• 9:43
  Speaker 6: tried to say to me.
• 9:44
  Speaker 4: They were like, what if I don't have the money
• 9:45
  Speaker 4: four days book exactly, just tell her you get paid
• 9:48
  Speaker 4: on the eleventh, be like sorry, And if they ask
• 9:52
  Speaker 4: for an employment contract, call me and it'd be like,
• 9:54
  Speaker 4: I will make an employment contract to make point, be like,
• 9:57
  Speaker 4: just didn't have the money because she doesn't get paid
• 9:58
  Speaker 4: till the day before. And that's why I feel so
• 10:00
  Speaker 4: comfortable with the twelve being her payment date.
• 10:03
  Speaker 6: I was thinking about this and I was like, what's
• 10:04
  Speaker 6: the outcome here? Like either ibend or dybend. And my
• 10:07
  Speaker 6: partner was like, what happens?
• 10:09
  Speaker 4: What does your partner say? Because I feel like he's
• 10:11
  Speaker 4: a little bit more passive like you are. You are
• 10:14
  Speaker 4: a lot like no, I'm going to stick it to
• 10:16
  Speaker 4: the man, and your partner is gonna be like, es
• 10:18
  Speaker 4: pay the ninety cents.
• 10:19
  Speaker 6: I stormed into his study through the door open last
• 10:22
  Speaker 6: night when I was texting him and I was like,
• 10:24
  Speaker 6: I'm not paying.
• 10:25
  Speaker 5: And you were like paying, what give me some content?
• 10:28
  Speaker 6: Like I've no idea what you're talking about. And he's like, okay,
• 10:30
  Speaker 6: that's cool, and he said what, like what happens, Like
• 10:33
  Speaker 6: if you don't pay and they go you have to
• 10:34
  Speaker 6: pay and you don't like what happens? And I was like, well, theoretically,
• 10:37
  Speaker 6: worst case scenario, it goes into a reason, it goes
• 10:40
  Speaker 6: to VCA. And he's like, would you go to VCA
• 10:43
  Speaker 6: over ninety cents? And I was like, I reckon. I would, Yes,
• 10:46
  Speaker 6: I reckon the people.
• 10:48
  Speaker 4: You know what this is telling me about me? Yes,
• 10:50
  Speaker 4: this is telling me she doesn't have enough work.
• 10:52
  Speaker 2: You're yeah, you have done nothing wrong. Technically, would all
• 10:57
  Speaker 2: be on your side? They would be on your side.
• 11:00
  Speaker 5: I will pay your ninety cents?
• 11:01
  Speaker 6: Is giving ninety suing the dude for a dollar?
• 11:04
  Speaker 5: Yeah, that was pretty iconic, though.
• 11:05
  Speaker 2: I don't know what happened there, but I don't know
• 11:07
  Speaker 2: if that's on.
• 11:07
  Speaker 5: The same page anyway, moving on, it's just agreed.
• 11:12
  Speaker 4: You've been in the Facebook group this week, so I
• 11:14
  Speaker 4: have been replying to a few of the money wins
• 11:16
  Speaker 4: because I've been like, hey, that slip. What have you
• 11:18
  Speaker 4: pulled out of the group to share with the community
• 11:20
  Speaker 4: this week?
• 11:21
  Speaker 6: All right, starting off with a little bit of a
• 11:22
  Speaker 6: self serving one, but it just brought me a lot
• 11:24
  Speaker 6: of joy from Maddie, who said, after months of binging
• 11:27
  Speaker 6: the podcast, she's officially listened to every single episode.
• 11:31
  Speaker 4: Wow, we have one hundreds, we have more than six
• 11:34
  Speaker 4: hundred episodes.
• 11:35
  Speaker 6: Yes, wow, that's impressive, simply a matter of months. Well done, Maddie.
• 11:39
  Speaker 6: It is really exciting to me that, like we can
• 11:41
  Speaker 6: obviously see on the back end people listening, like what
• 11:43
  Speaker 6: episodes people listen to? Yeah, yeah, crazy that people still
• 11:46
  Speaker 6: listen to episode number one, and like quite a lot
• 11:48
  Speaker 6: of people.
• 11:49
  Speaker 4: Really embarrassing too, So yeah, maybe don't do that. But
• 11:53
  Speaker 4: if you've done that, thank you. I really appreciate it.
• 11:56
  Speaker 4: But oh I can't do it.
• 11:59
  Speaker 5: I don't know if you.
• 12:00
  Speaker 4: Know about this editing process, but I don't listen to
• 12:03
  Speaker 4: any of our podcasts back. That's why I'm so grateful
• 12:05
  Speaker 4: to have our producer, Emma, and we've got an audio engineer.
• 12:08
  Speaker 4: They do all of it. Because if you ask me
• 12:10
  Speaker 4: to listen to my own voice. I basically just.
• 12:13
  Speaker 5: I throw it. I can't, I can't do it.
• 12:15
  Speaker 4: It gives me the heavy GBA, which is hilarious because
• 12:19
  Speaker 4: my entire career is currently.
• 12:21
  Speaker 5: Built on my voice. But I won't have a bar
• 12:23
  Speaker 5: of it. I'm like ew David.
• 12:25
  Speaker 6: Ooh, well done, Maddie and anyone else who's listening. Can't
• 12:29
  Speaker 6: wait for you to catch up here. Next, I've got
• 12:31
  Speaker 6: a money in from Candace who said she went to
• 12:33
  Speaker 6: Savers and got her toddler an entire twenty five piece
• 12:36
  Speaker 6: summer wardrobe, squirts, t shirts, shorts, skirts, cardies, the whole shebang.
• 12:42
  Speaker 6: Some of it was brand new with tags and it
• 12:44
  Speaker 6: was under seventy dollars for the lot.
• 12:46
  Speaker 2: Wow.
• 12:47
  Speaker 6: I just wanted to say, there's heaps of kids stuff
• 12:48
  Speaker 6: at the up shop, Like I have a friend who
• 12:50
  Speaker 6: also loves to thrift and sometimes if I find something
• 12:52
  Speaker 6: really cute for her kids, off to buy it, like
• 12:54
  Speaker 6: you wash it. I don't think that's weird.
• 12:55
  Speaker 4: I bought literally my mum and I were walking down
• 12:57
  Speaker 4: the main street on the weekend and we walked past
• 13:00
  Speaker 4: the oup shop and we can't not go in an
• 13:02
  Speaker 4: up shop like I always have to look, and I
• 13:04
  Speaker 4: bought a new bonds onesie, like it's just bonds, but
• 13:07
  Speaker 4: I had a brand new tag on it and it
• 13:09
  Speaker 4: was three dollarsgain exactly and it was real cute. And
• 13:12
  Speaker 4: I was like, that's Harve size and you always need
• 13:14
  Speaker 4: more onesies.
• 13:14
  Speaker 6: So money win, well done. Next, I've got a money
• 13:18
  Speaker 6: win from at Tinneil, who said she finally took the
• 13:20
  Speaker 6: leap to invest the ten dollars that she had gotten
• 13:23
  Speaker 6: from Cheers EA's when she signed up with the SotM code.
• 13:27
  Speaker 6: She looked at it the other day and it's gone
• 13:29
  Speaker 6: up by five cents.
• 13:31
  Speaker 4: Your money that you didn't make making money for you
• 13:35
  Speaker 4: and you're going to get.
• 13:35
  Speaker 5: Rich, small fish.
• 13:37
  Speaker 6: But I didn't spend a cent and I already have
• 13:38
  Speaker 6: a return.
• 13:39
  Speaker 5: Have you invested anymore?
• 13:42
  Speaker 2: How's that going extra?
• 13:43
  Speaker 4: You don't have to put extra in? Have you been
• 13:45
  Speaker 4: like shuffling things around? I know that you hadn't invested
• 13:48
  Speaker 4: the full amount yet.
• 13:49
  Speaker 2: I am, well, actually currently it's all in one. I
• 13:52
  Speaker 2: believe it's an e F T the ETF. Thank you. Yes,
• 13:57
  Speaker 2: it's an inn in the ETF.
• 14:00
  Speaker 6: This.
• 14:00
  Speaker 2: I love this ffos, isn't it? Yeah? Meaning I spent
• 14:06
  Speaker 2: it we're getting there.
• 14:08
  Speaker 6: And next I've got a money in from Renee, who
• 14:11
  Speaker 6: said she's another person slowly making away through the podcast
• 14:14
  Speaker 6: from the beginning, but she listened to a specific episode.
• 14:17
  Speaker 6: It was the money Diary called is It Worth It?
• 14:19
  Speaker 6: Let Me Work It from twenty twenty, and that Diaris
• 14:22
  Speaker 6: mentioned that whenever she decides not to make an impulsive purchase,
• 14:26
  Speaker 6: she transfers the amount of money that she would have
• 14:27
  Speaker 6: spent straight into her savings. So Renee listened to the
• 14:30
  Speaker 6: episode started to implement that, and she said she's saved
• 14:33
  Speaker 6: an extra one hundred and forty bucks in a week.
• 14:35
  Speaker 2: Howry is that crazy?
• 14:37
  Speaker 4: I also really love that people are one listening to
• 14:39
  Speaker 4: our old episodes. But there's always like really tiny tips
• 14:43
  Speaker 4: and tricks throughout all of our episodes that might resonate
• 14:46
  Speaker 4: with you or might not Like that might not have
• 14:48
  Speaker 4: worked for somebody else, but she's like, oh my gosh,
• 14:51
  Speaker 4: this really works for me. I love that you're picking
• 14:53
  Speaker 4: up so many things from old content. Also, can we
• 14:57
  Speaker 4: just like appreciate how good I used to be at
• 14:59
  Speaker 4: NAM Yeah?
• 15:00
  Speaker 5: I used to try so hard.
• 15:04
  Speaker 6: Yeah, And I'm sure that director is really excited to
• 15:06
  Speaker 6: know that her little tip helped someone else too. And
• 15:09
  Speaker 6: then lastly this week, I have money in from Madeleine
• 15:12
  Speaker 6: who said she sold some stuff on Facebook marketplace over
• 15:14
  Speaker 6: the weekend. She made an extra seven hundred dollars, putting
• 15:17
  Speaker 6: it towards her daughter's Christmas present.
• 15:19
  Speaker 5: Seven hundred bucks.
• 15:21
  Speaker 6: Said it last week or the week before, I don't remember.
• 15:23
  Speaker 6: It's spring cleaning season. People sell it, sell it when
• 15:27
  Speaker 6: you clean it out because you'd be amazed at what
• 15:28
  Speaker 6: people will buy.
• 15:29
  Speaker 4: So I did this last season, and I mean, let's
• 15:33
  Speaker 4: be honest, I was also pregnant, so I didn't fit
• 15:35
  Speaker 4: in a lot of my outfits, so it felt productive
• 15:38
  Speaker 4: during that period of time. But I turned all of
• 15:40
  Speaker 4: my coat hangers around the opposite way in my wardrobe
• 15:44
  Speaker 4: so that I could start tracking what I was actually
• 15:46
  Speaker 4: reaching for and what I hadn't touched. And that was
• 15:49
  Speaker 4: like a year ago. And I just went through my
• 15:51
  Speaker 4: wardrobe over the weekend and pulled out so many things
• 15:54
  Speaker 4: that I thought were cute that I actually don't wear
• 15:57
  Speaker 4: because it's been more than twelve months since I've even
• 16:00
  Speaker 4: reached for them, because the code hang is still around
• 16:02
  Speaker 4: the wrong way.
• 16:03
  Speaker 5: So that's a tip that you could definitely implement.
• 16:06
  Speaker 4: If you're someone like me who I struggled to separate
• 16:08
  Speaker 4: from items. Sometimes I'm like, oh, but I might wear it, Victoria,
• 16:12
  Speaker 4: it's been in your wardrobe for two years, untouched, Like,
• 16:14
  Speaker 4: you don't need that.
• 16:15
  Speaker 6: Once you sell a few things, it's like a high
• 16:17
  Speaker 6: You're like, what else can?
• 16:18
  Speaker 1: You? Are?
• 16:19
  Speaker 4: A deep pop queen though, like and you also like
• 16:22
  Speaker 4: style your items to a tea.
• 16:24
  Speaker 5: It was so funny.
• 16:25
  Speaker 4: Actually, I was looking up Scanlan Theodore on Deep Hop
• 16:28
  Speaker 4: because those dresses are my favorite, but they are so expensive,
• 16:32
  Speaker 4: and I was like, that.
• 16:33
  Speaker 5: Looks familiar and it was I was like, not what
• 16:37
  Speaker 5: I'm looking for, but pop off. Just I clicked it
• 16:43
  Speaker 5: and I was like, oh, that looks really cute. That
• 16:44
  Speaker 5: looks like Jess. It's Jess.
• 16:47
  Speaker 6: That is hilarious.
• 16:48
  Speaker 2: I know exactly.
• 16:49
  Speaker 6: The rest hasn't sold yet. Once it's going cheap money,
• 16:53
  Speaker 6: amaze it. That's all the money winds I've got this week.
• 16:55
  Speaker 2: I love it, great, great, great winds.
• 16:57
  Speaker 5: Alright, what broke tips have you got to bring to
• 16:59
  Speaker 5: the tape?
• 17:00
  Speaker 2: Okay, so did you say the word lubrated before?
• 17:03
  Speaker 5: Did I get that right?
• 17:03
  Speaker 6: No?
• 17:04
  Speaker 5: That lubrated?
• 17:05
  Speaker 2: I liberated, liberated, liberated.
• 17:08
  Speaker 5: Sorry, uberrated, liberated.
• 17:09
  Speaker 6: Might be something else.
• 17:10
  Speaker 5: I feel like that's something very different. Liberated.
• 17:13
  Speaker 2: Well, I was gonna say, great that you've mentioned lubrated,
• 17:17
  Speaker 2: because this is my tip for the week, but I
• 17:20
  Speaker 2: will actually cut that one out. So anyway, let's go
• 17:23
  Speaker 2: straight into the two from the community. The first one
• 17:26
  Speaker 2: comes from of our listeners who sent me a photo
• 17:27
  Speaker 2: of an advert from her library. So it's called library Things.
• 17:32
  Speaker 2: I think this is Queensland, this is Townsville. But I'm
• 17:35
  Speaker 2: sure how did you say Queensland Queensland?
• 17:37
  Speaker 6: She said Queensland, Queensland.
• 17:45
  Speaker 5: Maybe they say lubrated in queens.
• 17:48
  Speaker 2: That's where we got it from. Yes, so Queensland, in
• 17:52
  Speaker 2: Townsville in particular, but I'm sure there are other places
• 17:54
  Speaker 2: around Australia. So this place you can, you know, obviously,
• 17:58
  Speaker 2: not only borrow books. You can get board games, science equipment,
• 18:02
  Speaker 2: musical instruments, sewing equipment, which I.
• 18:04
  Speaker 5: Think board games.
• 18:05
  Speaker 4: That's it.
• 18:05
  Speaker 2: It's so cool, Like we have mentioned things like sewing
• 18:07
  Speaker 2: equipment and stuff like that before, but like science equipment.
• 18:10
  Speaker 2: I didn't know there was a thing in board games.
• 18:11
  Speaker 5: I think it's incredible. Like if you have questions, what
• 18:13
  Speaker 5: are you doing with science equipment at home, Like.
• 18:15
  Speaker 2: Why do you think borrow mainly for you know, because
• 18:18
  Speaker 2: right now it's it's holidays, school holidays everywhere? Or is
• 18:22
  Speaker 2: it just in Victoria.
• 18:23
  Speaker 5: I wouldn't even know where to start.
• 18:25
  Speaker 4: The only science thing that I know of is mixing
• 18:28
  Speaker 4: by cub with vinegar and creating a volcano.
• 18:31
  Speaker 2: I mean, is timeless in school? Maybe like the stars
• 18:38
  Speaker 2: or something. There was a form today a telescope, yes, exactly,
• 18:43
  Speaker 2: I could. And the other reason because there's a kid
• 18:45
  Speaker 2: in this photo with a telescope.
• 18:46
  Speaker 5: That's perfect.
• 18:47
  Speaker 2: Board games if you just want to entertain your kids,
• 18:49
  Speaker 2: love a board game, love for board game. Oh my goodness,
• 18:52
  Speaker 2: don't get me start on the board games. Okay, I
• 18:56
  Speaker 2: love Katan.
• 18:56
  Speaker 4: We have mentioned this, but we're having a night soon,
• 19:00
  Speaker 4: so you'll have to Yeah, yeah.
• 19:02
  Speaker 2: Yeah, goodness. I'm really, really, genuinely really excited for that.
• 19:05
  Speaker 5: Okay, all right, it's on.
• 19:06
  Speaker 1: It's on. Yes.
• 19:08
  Speaker 2: The sex one comes from Michelle, who suggests waiting till
• 19:11
  Speaker 2: February to buy your yearly diary or calendar because they
• 19:15
  Speaker 2: have to die socally.
• 19:16
  Speaker 7: Yeah.
• 19:16
  Speaker 2: I think it's great because January and if you want
• 19:19
  Speaker 2: to even just write it on like a notepad and
• 19:21
  Speaker 2: wait until you get your diary or calendar and then
• 19:25
  Speaker 2: enter all the things.
• 19:26
  Speaker 6: I don't know.
• 19:26
  Speaker 7: I don't know.
• 19:27
  Speaker 2: I don't really use diaries calendar.
• 19:28
  Speaker 6: Sometimes they're like ninety percent off, like they go yeah.
• 19:30
  Speaker 6: I think they get to a point where businesses are
• 19:33
  Speaker 6: just like get them out of here, no one's going
• 19:34
  Speaker 6: to buy them now.
• 19:35
  Speaker 4: If I'm being honest, I am the person that will
• 19:37
  Speaker 4: wait till February to buy my calendar. Yeah, and then
• 19:41
  Speaker 4: I use it for a month and then forget it exists. Yes,
• 19:44
  Speaker 4: me too, so motivated to use it, and they'll go
• 19:47
  Speaker 4: down to Kiki k and buy a really esthetic one
• 19:49
  Speaker 4: and it'll be like this is my year, yes, and
• 19:53
  Speaker 4: then it's not my year, and so I make the
• 19:55
  Speaker 4: resolution to make it my year the next year. Totally
• 19:58
  Speaker 4: do that on repeat, and I have di for the
• 20:00
  Speaker 4: last thirty three years.
• 20:01
  Speaker 2: Absolutely so really like that day when you go out
• 20:04
  Speaker 2: and you buy a calendar, that or a diary or
• 20:06
  Speaker 2: a journal, that's when you spring.
• 20:08
  Speaker 5: It just feels good.
• 20:09
  Speaker 2: It feels really good, but only the strongest of us
• 20:14
  Speaker 2: and we stare it.
• 20:17
  Speaker 4: Follow up, I just have to use my phone calendar,
• 20:20
  Speaker 4: like at the end of the day, having outlook it
• 20:24
  Speaker 4: just it beats it. I'm just not a paper diary girlie.
• 20:27
  Speaker 2: No, I mean the thoughts there, and I think that's
• 20:30
  Speaker 2: all that matters, isn't it. Okay, this next one comes
• 20:32
  Speaker 2: from me aka producer, our producer. You liberated it from Emma.
• 20:37
  Speaker 4: I liberated it, not liberted it, liberated it from Memo.
• 20:42
  Speaker 2: Not yet. So this one is for all of my
• 20:46
  Speaker 2: Meredith girlies and boys and they them's. It's for if
• 20:50
  Speaker 2: you're like me and you don't want to be spending like,
• 20:52
  Speaker 2: what is it like four hundred and fifty dollars now
• 20:54
  Speaker 2: on a crazy ticket to Meredith.
• 20:56
  Speaker 4: You are not getting me to spend four hundred and
• 20:58
  Speaker 4: fifty dollars to wear gum boots. Absolutely not, absolutely not.
• 21:01
  Speaker 5: You want me definitely. No, we're not gramping, like why glamp?
• 21:05
  Speaker 5: Just go to a hotel. Just go to a hotel.
• 21:08
  Speaker 4: And that sounds so entitled, but even the money aside,
• 21:12
  Speaker 4: I'm going to just stay.
• 21:13
  Speaker 2: Home, Yeah, that's true. Can't afford it.
• 21:15
  Speaker 4: No, it's not even about affording it glamping. Why did
• 21:18
  Speaker 4: you pack your entire life up?
• 21:21
  Speaker 2: I do agree.
• 21:22
  Speaker 4: You have all of those creature comforts, which I totally get.
• 21:25
  Speaker 5: I could have just.
• 21:26
  Speaker 4: Stayed at home. I could have just stayed home and
• 21:29
  Speaker 4: not packed.
• 21:30
  Speaker 2: It is the worst part of Meredith is knowing that
• 21:33
  Speaker 2: you all you want to do at the end of
• 21:35
  Speaker 2: the night or the end of the early early morning
• 21:38
  Speaker 2: is go home to your bed, but you have to
• 21:40
  Speaker 2: lay in the.
• 21:41
  Speaker 6: Dirty from everything. Is that way everyone camps?
• 21:45
  Speaker 2: Like is it here nowhere?
• 21:46
  Speaker 6: Yeah?
• 21:46
  Speaker 2: It is quite fat and also like you want to
• 21:48
  Speaker 2: be driving around at that time, you know, to go
• 21:50
  Speaker 2: back to your hotel.
• 21:51
  Speaker 4: I do feel like I should preface this as well,
• 21:53
  Speaker 4: because I think if you've not met me properly, you
• 21:56
  Speaker 4: might go, oh, Victoria hasn't tried camping. She doesn't get it. Guys,
• 22:00
  Speaker 4: was a scout. Not only was I a scout, I
• 22:02
  Speaker 4: was a venturer. I was a very cool teenager. I
• 22:05
  Speaker 4: did jamboree, I did cubbery. I did all of those things.
• 22:09
  Speaker 4: Like I did all of the camping things, all of
• 22:12
  Speaker 4: the hiking things.
• 22:13
  Speaker 5: I have the experience to say, stay.
• 22:15
  Speaker 2: At home, scream cool.
• 22:18
  Speaker 5: I was actually there.
• 22:19
  Speaker 4: Called thank you, I I'll say, the captain of the
• 22:21
  Speaker 4: debating team. So so she didn't see that coming.
• 22:23
  Speaker 2: Oh that's very I did not see that coming. So
• 22:27
  Speaker 2: I usually use. I'm sure like those who go to
• 22:29
  Speaker 2: Meredith probably are in the Meredith ticket by swap cell
• 22:33
  Speaker 2: groups and things like that, but I did not know
• 22:35
  Speaker 2: about this. It's called Auntie's Unofficial ticket Swap, and I
• 22:39
  Speaker 2: did this a few years ago, but it was very,
• 22:42
  Speaker 2: very very by chance. It was a complete fluke. I
• 22:44
  Speaker 2: got really cheap tickets at the last minute, and I've
• 22:46
  Speaker 2: been trying to do that every year since end up
• 22:49
  Speaker 2: not going. But if you go to Auntie's an official
• 22:51
  Speaker 2: ticket swap, you wait till the last minute, maybe a
• 22:53
  Speaker 2: couple days in advance. People start getting stressed, like I
• 22:56
  Speaker 2: can't go anymore. I need to sell this ticket, and
• 22:58
  Speaker 2: they tend to give them away very cheap.
• 23:01
  Speaker 4: That's a good money win, because you don't want to
• 23:03
  Speaker 4: be stuck with a five hundred dollars ticket that you
• 23:05
  Speaker 4: can't use, knowing that somebody else really wanted to use it.
• 23:08
  Speaker 2: Got some cash exactly exactly, So keep an eye out
• 23:13
  Speaker 2: and don't be like me. The last couple of years
• 23:15
  Speaker 2: I couldn't go just because I was waiting. I would
• 23:18
  Speaker 2: wait until the Saturday of Meredith. You're in sa nighttime
• 23:21
  Speaker 2: and the Sunday morning be like, hey, guys, I'm still
• 23:24
  Speaker 2: I still will take a ticket. Have you got four hours?
• 23:28
  Speaker 2: Not yet, because I am going to wait to get
• 23:32
  Speaker 2: So should we.
• 23:32
  Speaker 4: Do a little call out right now and say, if
• 23:34
  Speaker 4: you're planning on selling your ticket, peck might like them.
• 23:37
  Speaker 2: I might like them. I'll pay reasonable price. That is
• 23:41
  Speaker 2: my book to week.
• 23:42
  Speaker 5: I love that.
• 23:44
  Speaker 4: I feel like this has been very well rounded, very lubricated.
• 23:50
  Speaker 4: Let's go to a really quick break on the flip side.
• 23:52
  Speaker 4: We're going to have a chat that probably only I'm
• 23:54
  Speaker 4: interested in, and that's about taxes and investing. Then we're
• 23:57
  Speaker 4: going to unpack something that you're slead into our DMS
• 23:59
  Speaker 4: about This week, we talked about navigating in laws who
• 24:01
  Speaker 4: overstep when it comes to purchasing kids' presence.
• 24:04
  Speaker 5: So don't go anywhere.
• 24:10
  Speaker 6: Welcome back, everybody. Let's take a listen to this week's
• 24:12
  Speaker 6: money dilemma.
• 24:15
  Speaker 4: Hi, there, have you got a money dilemma you just
• 24:18
  Speaker 4: can't solve? The She's on the Money team is here
• 24:20
  Speaker 4: to help. Every week, we tackle your dilemmas, both big
• 24:24
  Speaker 4: and small, to answer your most burning money, career and
• 24:26
  Speaker 4: life questions. To get involved, simply head to our website
• 24:30
  Speaker 4: and leave us a short voice recording and you might
• 24:32
  Speaker 4: just find yourself on the show. Now, let's take a
• 24:34
  Speaker 4: listen to this week's money Dilemma.
• 24:39
  Speaker 7: Hi, ve Beck and Jess. I just want to say
• 24:42
  Speaker 7: I'm a huge fan of the podcast, and I have
• 24:45
  Speaker 7: a money dilemma and it's about micro investing. So I
• 24:49
  Speaker 7: currently have two microinvesting platforms set up, but I'd like
• 24:54
  Speaker 7: to move approximately two thousand dollars from one platform to
• 24:59
  Speaker 7: the other. And I just wanted to find out what
• 25:02
  Speaker 7: the tax implications were of this or anything else that
• 25:05
  Speaker 7: I would need to keep in mind. Thank you so much. Bye.
• 25:08
  Speaker 4: I feel like this is a really good question because
• 25:10
  Speaker 4: so many people go from micro investing platforms and then
• 25:13
  Speaker 4: graduate to a bigger platform, or they just want to
• 25:15
  Speaker 4: switch and change. And like, Jess, I know you and
• 25:18
  Speaker 4: I have been on spaceship and we've both had rais
• 25:20
  Speaker 4: and like we kind of like mess around with lots
• 25:22
  Speaker 4: when we're finding our feet.
• 25:23
  Speaker 5: In investing land.
• 25:25
  Speaker 4: So the unfortunate thing is, while you said you want
• 25:28
  Speaker 4: to move two thousand dollars, I don't know how much
• 25:30
  Speaker 4: of that is profit. So it's quite challenging to give
• 25:32
  Speaker 4: advice on that. Let's pretend for a hot second, though,
• 25:35
  Speaker 4: that it's just two grands straight, There's going to be
• 25:37
  Speaker 4: a few things to take into consideration. So the first
• 25:40
  Speaker 4: thing is has that money been invested for more than
• 25:43
  Speaker 4: twelve months.
• 25:44
  Speaker 5: If so, you're in a good.
• 25:46
  Speaker 4: Position because yes, while you'll still have to pay capital
• 25:49
  Speaker 4: gains tax on that, the profit will be taxed at
• 25:51
  Speaker 4: fifty percent your marginal tax rate. If you own an
• 25:55
  Speaker 4: asset for less than twelve months, make a profit and
• 25:58
  Speaker 4: then sell, the profit will be tax at your marginal
• 26:01
  Speaker 4: tax rate. And we pay tax on money that we earn.
• 26:04
  Speaker 4: In saying that, if it's two thousand dollars that has
• 26:07
  Speaker 4: been I guess roundups, So maybe you've rounded up every
• 26:11
  Speaker 4: single purchase and it's been over the last twelve months,
• 26:13
  Speaker 4: and yeah, you haven't been invested for that long. But
• 26:16
  Speaker 4: like most of that two thousand dollars is actually your
• 26:18
  Speaker 4: own cash that you've put in. There's not going to
• 26:21
  Speaker 4: be any tax payable on that because it's not profit.
• 26:23
  Speaker 4: It's just your cash that's been put to the side.
• 26:26
  Speaker 4: You actually already paid tax on that when it came
• 26:28
  Speaker 4: into your bank account.
• 26:30
  Speaker 5: But we are.
• 26:30
  Speaker 4: Only paying tax on money that we earned. I think
• 26:33
  Speaker 4: so many times people are really stressed because they go,
• 26:36
  Speaker 4: oh my god, jesz, Like I've got two grand invested.
• 26:39
  Speaker 4: What am I going to be taxed? Or is that
• 26:41
  Speaker 4: two thousand dollars profit? Or is that two thousand dollars
• 26:43
  Speaker 4: that like you chipped away and built out, But it
• 26:45
  Speaker 4: hasn't been invested for long enough to have been able
• 26:48
  Speaker 4: to compound yet, So therefore you're not in that tricky
• 26:51
  Speaker 4: of a situation. Unfortunately, when you're selling and moving from
• 26:55
  Speaker 4: a micro investing platform because of the way that you
• 26:58
  Speaker 4: own that asset, that asset is owned in the same
• 27:02
  Speaker 4: way that an ETF is, and that's under a trust,
• 27:05
  Speaker 4: which means you can't just transfer it to another platform
• 27:08
  Speaker 4: without triggering a CGT event. So when you trigger a
• 27:12
  Speaker 4: CDT event, it means you have to pay some tax. Sometimes,
• 27:15
  Speaker 4: like let's pretend you owned and I always use a
• 27:17
  Speaker 4: nab share. I don't know why, but let's say you
• 27:19
  Speaker 4: own a nab share direct through like comseec jess, and
• 27:22
  Speaker 4: you wanted to move it to another platform. If you
• 27:25
  Speaker 4: transferred it, you would do this is probably getting a
• 27:28
  Speaker 4: little bit technical, but like we like to know, you
• 27:31
  Speaker 4: would do what's called an interspecies transfer. And when you
• 27:34
  Speaker 4: do that, you're just moving from one platform to another,
• 27:36
  Speaker 4: but you're never selling anything. But when you're selling down
• 27:40
  Speaker 4: from a micro investing platform, you can't do that. You
• 27:43
  Speaker 4: actually have to sell down that entire asset and then
• 27:46
  Speaker 4: buy something on another platform. Therefore, you are going to
• 27:49
  Speaker 4: trigger a tax event. And in this situation, you are
• 27:53
  Speaker 4: triggering a capital gains tax event, which means that you
• 27:56
  Speaker 4: need to pay tax on your profit.
• 27:58
  Speaker 5: Does that make sense?
• 28:00
  Speaker 6: It what happens if you sell it at a loss.
• 28:02
  Speaker 4: If you sell it at a loss, you get a
• 28:04
  Speaker 4: little certificate in your tax, meaning that in the coming
• 28:07
  Speaker 4: years you can offset the profit that you make, which
• 28:10
  Speaker 4: is really cool. And let's say that you have a
• 28:12
  Speaker 4: couple because you said that you had two different platforms.
• 28:15
  Speaker 4: Let's say the one that you're selling you're making a loss,
• 28:17
  Speaker 4: but the other one you've made a profit in that
• 28:19
  Speaker 4: same year. You can claim both on your tax and
• 28:22
  Speaker 4: they'll offset one another.
• 28:24
  Speaker 6: Oh money in It's actually pretty easy. I sold down
• 28:27
  Speaker 6: my spaceship actually this year. I moved it because I
• 28:29
  Speaker 6: haven't use it anymore. No, and I exactly that I
• 28:33
  Speaker 6: was waiting because it was at a pretty significant loss.
• 28:35
  Speaker 6: I was just waiting for it to bounce back. Up
• 28:37
  Speaker 6: and yeah, got close enough. I still sold it at
• 28:38
  Speaker 6: a loss, but it got close enough too, but you
• 28:40
  Speaker 6: can claim that on your tax. Well that's exactly right.
• 28:42
  Speaker 6: I was like, it'll offset what I got through my chares,
• 28:44
  Speaker 6: used tends, whatever. But it's really simple. When you close
• 28:46
  Speaker 6: your account, they'll generally give you like some kind of
• 28:48
  Speaker 6: certificate or form that says you sold x amount, this
• 28:52
  Speaker 6: is your profit slash loss and that's what you used
• 28:54
  Speaker 6: to input at tax time.
• 28:55
  Speaker 5: Yeah, and hold of that.
• 28:56
  Speaker 4: And when you sell down, you're not losing your account,
• 29:00
  Speaker 4: so you can still log in and get all your
• 29:02
  Speaker 4: tax reporting. So it's not like deleting your account. I mean,
• 29:05
  Speaker 4: you can do that in the future, but what I
• 29:07
  Speaker 4: would do is trigger the sale, and then after you've
• 29:10
  Speaker 4: triggered the sale, you can go and download all of
• 29:12
  Speaker 4: your tax reports, including you know, what you sold it for,
• 29:15
  Speaker 4: so was it a profit or a loss? Save that
• 29:17
  Speaker 4: for later, and then if you want to close your
• 29:19
  Speaker 4: account then you can, but I'd wait to make sure
• 29:21
  Speaker 4: that I have all the reporting so it doesn't get
• 29:23
  Speaker 4: messy in saying that. If you have closed it, you
• 29:25
  Speaker 4: can just email the company and they'll be able to
• 29:27
  Speaker 4: generate it for you.
• 29:28
  Speaker 5: And that shouldn't be in issues, just another step of admin.
• 29:31
  Speaker 5: And Jess doesn't pay ninety cents for admin.
• 29:33
  Speaker 1: No.
• 29:33
  Speaker 4: I I feel like that was a good but very
• 29:38
  Speaker 4: technical question.
• 29:39
  Speaker 5: So there's not a lot of like, Jess, what would
• 29:41
  Speaker 5: you do?
• 29:41
  Speaker 4: But I don't want you giving that advice this time, Jess,
• 29:43
  Speaker 4: because let's be honest.
• 29:45
  Speaker 5: I know I'm right.
• 29:45
  Speaker 4: But that is also why we've just added a bonus
• 29:48
  Speaker 4: module to my Investing masterclass as well, all about taxes,
• 29:51
  Speaker 4: because we get a lot of questions and while throughout
• 29:54
  Speaker 4: the course we do cover taxes, I wanted to have
• 29:57
  Speaker 4: a really specific module so that there's like old clarity.
• 30:00
  Speaker 4: I was just like, all right, let's make sure that
• 30:03
  Speaker 4: this exists and that there's bonus modules. And that's actually
• 30:06
  Speaker 4: something that I'm getting really excited about. We keep adding
• 30:10
  Speaker 4: all of these bonus modules. Hasn't even come out yet,
• 30:12
  Speaker 4: just like people aren't even in the course yet officially,
• 30:15
  Speaker 4: and I keep being like, what about a bonus module
• 30:17
  Speaker 4: on this? What about a bonus module on that? And
• 30:20
  Speaker 4: the cool thing is if you are part of the
• 30:21
  Speaker 4: Investing Masterclass, you have lifetime access and any bonus content
• 30:25
  Speaker 4: I create in the future will appear on your course
• 30:28
  Speaker 4: as well, even if you you know, started right now.
• 30:30
  Speaker 4: It's not for like other people. It's not to sell
• 30:33
  Speaker 4: even more of it. It's literally to add more value
• 30:36
  Speaker 4: to the people that are already in the course because
• 30:38
  Speaker 4: we've all got questions and it's my job to answer them.
• 30:41
  Speaker 6: Amazing. There's I think one week left to sign up,
• 30:44
  Speaker 6: so there is, and.
• 30:45
  Speaker 4: Will put a little cheeky discount code in the show
• 30:48
  Speaker 4: notes as well, So if you've been thinking about signing
• 30:50
  Speaker 4: up now as a time my friend exciting. Do you
• 30:53
  Speaker 4: want to get into a little sneaky DM that we
• 30:55
  Speaker 4: got this week?
• 30:56
  Speaker 5: Guys? Yes, absolutely, Becky's drawing an Apple Core. Are you
• 31:02
  Speaker 5: awa that boring?
• 31:04
  Speaker 2: Do you want me to draw on for you?
• 31:07
  Speaker 5: Nope, I don't want it at all.
• 31:08
  Speaker 4: All right, here is our DM of the week. Hey,
• 31:12
  Speaker 4: she's on the money. I'm a parent with a bit
• 31:14
  Speaker 4: of a dilemma. Money's always been tight since having my kids,
• 31:17
  Speaker 4: and I can't afford to go all.
• 31:19
  Speaker 5: Out for their birthday's lack. I'd want to.
• 31:21
  Speaker 4: It's tough, but I've been doing my best to make
• 31:23
  Speaker 4: it special with thoughtful gifts and quality time. The problem
• 31:27
  Speaker 4: is my in laws always swoop in and outshine me
• 31:30
  Speaker 4: with big, expensive presents. Don't get me wrong, I really
• 31:33
  Speaker 4: appreciate their generosity, but it's starting to make me feel
• 31:36
  Speaker 4: really inadequate. I'm the parent, and I want to be
• 31:39
  Speaker 4: the one who creates the happiest memories for my child.
• 31:42
  Speaker 4: I don't want to seem ungrateful, but it's really getting
• 31:44
  Speaker 4: to me. How can I make sure my child remembers
• 31:47
  Speaker 4: the love not the price tag?
• 31:49
  Speaker 2: I think, honestly, like kids don't know. It's really like,
• 31:52
  Speaker 2: you know, it could be different for every scenario. I
• 31:54
  Speaker 2: don't know what they're buying, but kids don't know how
• 31:57
  Speaker 2: much things are worth. They have no concept of money.
• 32:00
  Speaker 4: Are we talking like twelve year olds who yeah, starting
• 32:02
  Speaker 4: to ask for things from Mecca? Are are we talking
• 32:05
  Speaker 4: like two and three? And like they're just like the
• 32:07
  Speaker 4: cardboard box, you.
• 32:07
  Speaker 2: Know, totally totally. And also like I feel like we
• 32:09
  Speaker 2: all have those relatives. I mean that's really privileged to say.
• 32:13
  Speaker 2: I feel like some of us have those relatives that like,
• 32:15
  Speaker 2: you know, when you'd go visit your grandparents, like they're
• 32:17
  Speaker 2: going to give you twenty dollars secretly, Like you just
• 32:19
  Speaker 2: know that there are certain people in your world that
• 32:21
  Speaker 2: give you certain things, and it's really exciting. Like I remember,
• 32:24
  Speaker 2: like I still associate my dad's side of the family
• 32:28
  Speaker 2: with biscuits, and I still associate my mommar with twenty
• 32:32
  Speaker 2: dollars every now and then, you know, So we all
• 32:34
  Speaker 2: like kind of get little things from from every kind
• 32:36
  Speaker 2: of part of our life. And it's not all about
• 32:38
  Speaker 2: like monetary value whatsoever. I can totally understand that you
• 32:43
  Speaker 2: having full understanding, like full idea, the full picture of
• 32:46
  Speaker 2: like what money means and how how important it is
• 32:50
  Speaker 2: to you and all that kind of stuff I understand
• 32:52
  Speaker 2: for you, you can totally see that that would well,
• 32:55
  Speaker 2: that like does make you feel inadequate, like I can't
• 32:58
  Speaker 2: spend this amount of money or likes and therefore I
• 33:01
  Speaker 2: feel like I'm not doing enough what they're doing more
• 33:05
  Speaker 2: or whatever. But honestly, with the kids, like they're not
• 33:07
  Speaker 2: gonna they don't have that kind that's.
• 33:10
  Speaker 5: I don't remember. Honestly, I don't remember it at all. Jess.
• 33:13
  Speaker 5: What he do remember from growing up and getting gifts
• 33:16
  Speaker 5: is literally.
• 33:17
  Speaker 6: Like thinking back, like I can't can barely remember any
• 33:20
  Speaker 6: of the gifts I ever got, and the things that
• 33:22
  Speaker 6: I do remember will experience things that I did my parents,
• 33:25
  Speaker 6: like I remember one, Yeah, we went to Disney on Ice,
• 33:28
  Speaker 6: and I don't remember a single.
• 33:29
  Speaker 4: Bit that I was so jealous of all the kids
• 33:31
  Speaker 4: that got to go to that I never went, but
• 33:33
  Speaker 4: that would have.
• 33:34
  Speaker 6: Been so sure we went once because it was very
• 33:36
  Speaker 6: far out of our realm of a form of affordability.
• 33:40
  Speaker 6: But I don't remember single thing about the show. I
• 33:41
  Speaker 6: don't remember anything, like I'm probably didn't buy anything the
• 33:44
  Speaker 6: because we probab couldn't have thord. Just what I remember
• 33:46
  Speaker 6: is like the way that my parents told me is
• 33:48
  Speaker 6: that it had like rained that day and there was
• 33:50
  Speaker 6: a rainbow and they're like, oh, like, let's follow the rainbow,
• 33:52
  Speaker 6: and somehow they've done, Oh I think the rainbow's going
• 33:55
  Speaker 6: left when you know whatever, They're like, we're going to
• 34:00
  Speaker 6: and it was like that's what I remember totally. Other
• 34:03
  Speaker 6: little experiences that I remember through my childhood were things
• 34:06
  Speaker 6: like that that were thought like that particular part of
• 34:09
  Speaker 6: my memory cost them no money, do you know what
• 34:11
  Speaker 6: I mean? Of course, the fact that Disney on Ice
• 34:13
  Speaker 6: is charch To, and I know that that's really expensive,
• 34:15
  Speaker 6: but that is not what I remember.
• 34:17
  Speaker 5: With you remember how they made that experience magic.
• 34:19
  Speaker 6: Completely, and I think there's lots of little ways that
• 34:22
  Speaker 6: you can do that that don't cost you anything. And
• 34:24
  Speaker 6: I wouldn't undervalue that because like, the way that someone
• 34:27
  Speaker 6: makes you feel is so much more important than the
• 34:30
  Speaker 6: monetary value of something. And to flip the narrative, I
• 34:33
  Speaker 6: think that if you can change your mindset, I think
• 34:36
  Speaker 6: it would be really helpful because as someone who kind
• 34:39
  Speaker 6: of is that relative, like for myself and my partner,
• 34:42
  Speaker 6: for our nieces and nephews, we don't have a house,
• 34:45
  Speaker 6: we don't have kids, we have no significant financial responsibilities.
• 34:48
  Speaker 6: I'm say, I'm fine, Auntie, I buy you dumb expensive
• 34:52
  Speaker 6: things like you something stupid and expensive, Yeah, I'll buy it,
• 34:56
  Speaker 6: Like Mum and Dad can't justify spending a heap, I
• 34:58
  Speaker 6: don't think.
• 34:59
  Speaker 4: I don't think just has ever come to my house,
• 35:01
  Speaker 4: not with a present for Harvey and I'm like, what
• 35:03
  Speaker 4: is this? And she's like it was just so cute?
• 35:07
  Speaker 5: Do you know what I mean?
• 35:07
  Speaker 6: It's and I think from my perspective, it's coming from
• 35:10
  Speaker 6: a place of lum it's coming from a place of oh,
• 35:12
  Speaker 6: well I can do these things, let me do them
• 35:16
  Speaker 6: so you don't have to. And it would like if
• 35:19
  Speaker 6: I thought that I was making my brother and sister
• 35:21
  Speaker 6: in law feel bad. It would break my heart. That's
• 35:23
  Speaker 6: not the intention at all. So I think I totally
• 35:26
  Speaker 6: want to validate how you're feeling, because if you want
• 35:29
  Speaker 6: to be buying those things and you can't afford them,
• 35:32
  Speaker 6: I get that that sucks. But I think if we
• 35:34
  Speaker 6: can try and reframe the mindset to be like, how
• 35:36
  Speaker 6: good that you know my mother in law wants to
• 35:39
  Speaker 6: buy these things for my kids and can buy these
• 35:41
  Speaker 6: things for my kids, how can I Like, if you
• 35:44
  Speaker 6: play with them, Let's say they buy them one of
• 35:46
  Speaker 6: those really expensive ride on car things. Like that's the
• 35:48
  Speaker 6: first thing I thought of when I don't know why,
• 35:50
  Speaker 6: when I heard.
• 35:51
  Speaker 4: The story Bentley that drives if you ever see Harvey
• 35:55
  Speaker 4: in one of them, wasn't me?
• 35:56
  Speaker 5: It's not yeah, not happening, That's what I picched it.
• 35:59
  Speaker 6: But like, let's say they do that, Like you get
• 36:01
  Speaker 6: the memories of playing with them, build a racetrack from
• 36:04
  Speaker 6: cardboard in the backyard and drive them around, and you
• 36:07
  Speaker 6: can still be a part of that memory even.
• 36:09
  Speaker 2: If you're so true by it, and like, arguably probably
• 36:12
  Speaker 2: the most memorable part of that memory is like you
• 36:16
  Speaker 2: enjoying that with them and not the actual who bought
• 36:18
  Speaker 2: it for me. You have no You probably like look
• 36:21
  Speaker 2: back and have no idea where a lot of these
• 36:23
  Speaker 2: things came from. You just remember the memories, as you
• 36:25
  Speaker 2: were saying, of experiencing that fun and that playfulness and
• 36:29
  Speaker 2: that magic with the people that you experienced. Either could
• 36:32
  Speaker 2: be the parents, could be anyone. Yeah, but the memories
• 36:35
  Speaker 2: of what really really matter.
• 36:37
  Speaker 5: Yeah, No, I totally agree with that. And what do
• 36:38
  Speaker 5: you think?
• 36:39
  Speaker 4: I guess I'm in this really weird position where this
• 36:42
  Speaker 4: is like triggered a heap of memories about my childhood
• 36:44
  Speaker 4: and my birthdays. And when I asked you, like, what
• 36:47
  Speaker 4: do you remember? I was like, what do I remember?
• 36:50
  Speaker 4: And I remember that on our birthdays, Mum would still
• 36:53
  Speaker 4: make us go to school if it was a school day,
• 36:55
  Speaker 4: but we got to pick what we had for dinner.
• 36:57
  Speaker 4: So we never went out for dinner, but we got
• 37:00
  Speaker 4: to pick. And I always remember telling my mum that
• 37:02
  Speaker 4: I wanted corn beef for dinner because it was my favorite,
• 37:06
  Speaker 4: but it wasn't. It was my dad's favorite, and I
• 37:08
  Speaker 4: knew that that's what he would really want. And then
• 37:11
  Speaker 4: I remember we would always make a cake so and
• 37:14
  Speaker 4: we got to be in complete control of that cake.
• 37:16
  Speaker 4: And my sister and I went through this massive phase
• 37:18
  Speaker 4: of always wanting to make a Mars Bar cheese cake,
• 37:21
  Speaker 4: and so we would do that, and when we were younger,
• 37:23
  Speaker 4: Mum would help, and as we got older, we'd like
• 37:25
  Speaker 4: make it for each other. And that's something that as
• 37:28
  Speaker 4: I've become a parent, I'm not thinking about the things
• 37:32
  Speaker 4: that I can buy hervey. In fact, we're really privileged
• 37:35
  Speaker 4: that we can afford nice gifts. But I really don't
• 37:39
  Speaker 4: want him to become entitled. I want him to be
• 37:41
  Speaker 4: grateful for these things. But I hope he grows up
• 37:44
  Speaker 4: with the same like magic memories, Like I hope that
• 37:47
  Speaker 4: you know, I can chase a rainbow for him, and
• 37:49
  Speaker 4: I hope that he gets as excited about going through
• 37:51
  Speaker 4: the Woman's Weekly Cookbook and picking his birthday cake and
• 37:55
  Speaker 4: like remembers that that's the effort we put in for him.
• 37:58
  Speaker 4: Because now I'm an adult, I went out and I
• 38:00
  Speaker 4: bought the Women's Weekly Cookbook so that he can have
• 38:03
  Speaker 4: that tradition. So I think it's been as a new parent.
• 38:06
  Speaker 4: There's been a lot of conversation with my husband around
• 38:09
  Speaker 4: like how do we make these things special, Like how
• 38:12
  Speaker 4: now that we're parents, are we celebrating my husband's birthday
• 38:15
  Speaker 4: because I want Harvey to be part of that, but
• 38:18
  Speaker 4: I don't want it to be. Okay, Well, on dad's birthday,
• 38:21
  Speaker 4: we get him a gift and that's it.
• 38:23
  Speaker 5: So we're implementing the.
• 38:24
  Speaker 4: Cake thing for everybody. And I think that that's really cute.
• 38:28
  Speaker 4: But yeah, for me, it's about maybe stepping back and
• 38:31
  Speaker 4: going Is it because I feel inadequate because I know
• 38:34
  Speaker 4: I really want to give my kid this thing and
• 38:36
  Speaker 4: I can't, Or is it because they're taking the limelight?
• 38:40
  Speaker 5: What's that?
• 38:41
  Speaker 4: And also what does that limelight look like? Does it
• 38:43
  Speaker 4: look like they're getting the expensive present on the day
• 38:46
  Speaker 4: of their birthday and you're feeling a little bit like, oh,
• 38:50
  Speaker 4: but you've forgotten the week after who gave it to them?
• 38:53
  Speaker 4: Because they got so many different birthday presents and books
• 38:56
  Speaker 4: and cars and toys and whatnot. And then next week
• 38:59
  Speaker 4: they're playing with it. You're enjoying that experience. Maybe we
• 39:01
  Speaker 4: need to step and do the investing mindset of when
• 39:04
  Speaker 4: in daubt zoomunt, like what's the bigger picture? What story
• 39:08
  Speaker 4: and what narrative are we teaching our kids about this,
• 39:11
  Speaker 4: because if Jess comes over with a present for my
• 39:12
  Speaker 4: kid and he's not six months old, he's a bit older.
• 39:15
  Speaker 4: The thing I would want Harvey to get out of
• 39:18
  Speaker 4: that is gratitude, Like, wow, isn't that so generous of Jess.
• 39:21
  Speaker 4: Isn't it so nice that she took the time to
• 39:23
  Speaker 4: go to the shops and think of you and pick
• 39:26
  Speaker 4: out a present that she thought you would love. And
• 39:30
  Speaker 4: I just hope that that's what he takes from it,
• 39:32
  Speaker 4: not like sick I got a car like I just
• 39:35
  Speaker 4: I wouldn't ever want him to be expectant of those presents.
• 39:39
  Speaker 5: So just like, wow, that's extra generous of Jess. Jess
• 39:42
  Speaker 5: must really love you, Like yeah, I.
• 39:44
  Speaker 4: Hope that that's what he gets from it. But that's me,
• 39:48
  Speaker 4: you know, wistfully thinking with a six month old, and
• 39:51
  Speaker 4: maybe when you've got a little five year old who's like, a.
• 39:53
  Speaker 5: Ha, Jess is the best. You're so silly, mom, Like
• 39:56
  Speaker 5: I'll have a different opinion, you know, did everyone else
• 39:59
  Speaker 5: say so?
• 40:00
  Speaker 4: We asked the community, would it bother you if your
• 40:03
  Speaker 4: in laws overshadowed your gifts? Forty four percent of you
• 40:06
  Speaker 4: said yep. I'm a parent, I get that fifty six
• 40:08
  Speaker 4: percent of you said nut wouldn't bother me. Then we asked,
• 40:12
  Speaker 4: if this was a problem, would you say something. Fifty
• 40:15
  Speaker 4: three percent of you said, yep, boundaries are really important.
• 40:17
  Speaker 4: Forty seven percent of you said, we're avoiding the drama.
• 40:21
  Speaker 4: We also then said all right, what's your two cents?
• 40:23
  Speaker 4: And we had a lot of different opinions, which is
• 40:25
  Speaker 4: not surprising. So the first comment I've pulled out is
• 40:28
  Speaker 4: I text both families for birthdays and Christmases, and I
• 40:31
  Speaker 4: just tell them what to buy.
• 40:32
  Speaker 6: Families probably appreciate that too, Like if someone told me
• 40:35
  Speaker 6: this is what the kid wants or the kid needs,
• 40:36
  Speaker 6: I'd be like, great less brain power for me?
• 40:39
  Speaker 4: Why I always ask So, like I went to I
• 40:42
  Speaker 4: want to say my nephew's second birthday, but it's my
• 40:45
  Speaker 4: best friend's son's second birthday on the weekend. I actually
• 40:48
  Speaker 4: had a really busy weekend, and I text her and said,
• 40:51
  Speaker 4: what does he need? Like I'd much prefer to buy
• 40:55
  Speaker 4: something that's constructive, and she was like, oh, your presence
• 40:58
  Speaker 4: is our present getting the pin Like I want to
• 41:00
  Speaker 4: this kid something. So I found something that I thought
• 41:03
  Speaker 4: was going to be constructive. But I'm always asking, And
• 41:05
  Speaker 4: I think if you're the aunt, like can you just ask, yeah,
• 41:09
  Speaker 4: what do you need? Like time's are tough, money is tired.
• 41:11
  Speaker 4: If there's a fifty dollars item that you're willing to buy,
• 41:15
  Speaker 4: can we make it really constructive? Like they might need
• 41:17
  Speaker 4: a new backpack for daycare. Oh that would be a
• 41:20
  Speaker 4: weight off mum and dad's shoulders. And the kid's going
• 41:22
  Speaker 4: to be stoked that they've got a new backpack, you know, Like, yeah,
• 41:25
  Speaker 4: make it constructive. The next comment we got was not
• 41:28
  Speaker 4: all kids value expensive gifts. Get to know your child's
• 41:31
  Speaker 4: love language. I feel like that's a really good thing
• 41:35
  Speaker 4: to remember. And again I'm having these conversations with my husband.
• 41:38
  Speaker 4: I'm like, Harve, you's a legit human, Like, isn't it weird?
• 41:42
  Speaker 4: Like he's only six months. You can't talk to us yet,
• 41:44
  Speaker 4: but like he's got thoughts and feelings and he likes
• 41:48
  Speaker 4: some things and he doesn't like other things, and like
• 41:50
  Speaker 4: he's not us. So like, what is your kid's love language?
• 41:53
  Speaker 4: Because some kids would be like, oh my god, how
• 41:56
  Speaker 4: great is this item? And others would be like I
• 41:59
  Speaker 4: really wanted to go to the park with you today and.
• 42:01
  Speaker 5: You just copped out. And got me a bike.
• 42:05
  Speaker 4: Two other comments, we've got the other end of the spectrum.
• 42:07
  Speaker 4: My partner's dad doesn't usually buy anything for our kids.
• 42:11
  Speaker 4: And someone said, take the kids camping, so when you're back,
• 42:14
  Speaker 4: the birthday is over and.
• 42:15
  Speaker 5: It's not relevant anymore. All right, take the kids to Meredith.
• 42:22
  Speaker 5: Someone else said this is me.
• 42:24
  Speaker 4: I'm the aunt who spoils the kids, and I am
• 42:26
  Speaker 4: not sorry about it.
• 42:27
  Speaker 6: Nah, fair enough. It's competition people the best art.
• 42:34
  Speaker 5: I'm not going to train rival you.
• 42:37
  Speaker 4: Someone else said presence don't last, but mum's love does, really,
• 42:41
  Speaker 4: and then there were a couple more so. Someone said,
• 42:43
  Speaker 4: I believe you can make it super special for kids
• 42:45
  Speaker 4: without any fancy, expensive gifts. And then the last comment
• 42:48
  Speaker 4: I'll share is stop comparing yourself. It's not about the
• 42:52
  Speaker 4: money that your in law is spent. It's actually the
• 42:54
  Speaker 4: thought that matters, and you can teach your kid that.
• 42:57
  Speaker 4: So I think that's just coming from a place of love.
• 43:00
  Speaker 4: And I guess that's where you know. I'm really grateful
• 43:03
  Speaker 4: that people buy presents for Harvey, but I just I
• 43:06
  Speaker 4: worry so much about bringing up an entitled kid. I
• 43:10
  Speaker 4: don't want that, and I just I think it's really
• 43:13
  Speaker 4: about the values that you instill in your kids. I'm like,
• 43:15
  Speaker 4: kids aren't going to get it, Like, you know, they're
• 43:18
  Speaker 4: tiny human beings and they're yeah, okay, cool, but just
• 43:20
  Speaker 4: gave me hot wheels. Like, but it's that consistent messaging,
• 43:24
  Speaker 4: and it's the underlying tone of like, Okay, well, let's
• 43:28
  Speaker 4: thank Jess for that because that was very kind of
• 43:30
  Speaker 4: Jess and all of those things that you can teach
• 43:32
  Speaker 4: your kid, because yeah, it's not about the money. No,
• 43:35
  Speaker 4: I don't remember any of the presents I got as
• 43:37
  Speaker 4: a kid.
• 43:38
  Speaker 6: You're entitled to set boundaries if you need to, but
• 43:40
  Speaker 6: I think that, yeah, reframing the way you look at it,
• 43:42
  Speaker 6: in my mind, is probably the way to do it. Yeah.
• 43:45
  Speaker 4: And also like, does it get complicated if you block
• 43:48
  Speaker 4: them from doing that and then it creates this drama?
• 43:50
  Speaker 2: Yeah, I be like, oh, I'm anxious now. I don't
• 43:52
  Speaker 2: know how much. I don't know what what to bring.
• 43:54
  Speaker 2: I don't know how to even give the child the gifts.
• 43:57
  Speaker 2: Act really not that excited or act what do I like?
• 44:01
  Speaker 2: You just analyze yourself so much. If someone's like, hey,
• 44:03
  Speaker 2: I don't like what you're doing here, it becomes a
• 44:05
  Speaker 2: it's a whole thing, like I don't know what to
• 44:07
  Speaker 2: do with my body right now, you know.
• 44:09
  Speaker 4: Yeah, And they also maybe step into their shoes. Why
• 44:13
  Speaker 4: are they doing that? Are they the jests of the
• 44:14
  Speaker 4: family and they want to be the favorite aunt or
• 44:17
  Speaker 4: are they just.
• 44:18
  Speaker 5: Like, oh my gosh, Harvey's gonna love.
• 44:21
  Speaker 4: This, and they just get so excited to do it,
• 44:23
  Speaker 4: and then it's kind of taking the shine off. I
• 44:25
  Speaker 4: don't know. I feel like both sides of the spectrum
• 44:28
  Speaker 4: are valid, but I would step back when in doubt.
• 44:30
  Speaker 5: Zoom out exactly, good one.
• 44:31
  Speaker 4: Love it well, guys, it has been a beautiful conversation today.
• 44:35
  Speaker 4: Thank you for joining me for another Friday drinks. I've
• 44:37
  Speaker 4: got a fun episode coming out tomorrow and as always,
• 44:41
  Speaker 4: will be back.
• 44:41
  Speaker 5: Bright and early on Monday morning for our money diary.
• 44:44
  Speaker 5: So have a good weekend. Guys. We love you.
• 44:46
  Speaker 2: Bye, guys, bye.
• 44:53
  Speaker 5: Did buy shard on ese?
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