Latest / She's On The Money / From Debt and Divorce to Building Her Dream Home as a Single Mum

Transcript

From Debt and Divorce to Building Her Dream Home as a Single Mum · She's On The Money

0:00
Speaker 1: My name's Tatasha Bamblet. I'm a proud First Nations woman
0:03
Speaker 1: and I'm here to acknowledge country t Glenn Young Ganya
0:08
Speaker 1: Niana Kaka yah y and Binahaka nian Arka in Mbini
0:11
Speaker 1: yakarum jar Doumayagumika Umaga ithawakawaman dam and Imlan Wimba bang
0:17
Speaker 1: Gadabomba in and now in Waka Ghana on yak rum
0:20
Speaker 1: jar Wasnadaa. Hello, beautiful friends, we gather on the lands
0:24
Speaker 1: of the Aboriginal people. We thank acknowledge and respect the
0:28
Speaker 1: Abiginal people's land that we're gathering on today. Take pleasure
0:31
Speaker 1: in all the land and respect all that you see.
0:34
Speaker 1: She's on the Money podcast acknowledges culture, country, community and connections,
0:40
Speaker 1: bringing you the tools, knowledge and resources for you to thrive.
0:45
Speaker 2: She's on the Money.
0:47
Speaker 3: She's on the Money. Hello, and welcome to She's on
0:52
Speaker 3: the Money, the podcast that lets you be pavy about
0:55
Speaker 3: other people's money stories. It's educational purposes, of course. Welcome
1:00
Speaker 3: back to another one of our money daries, brought to
1:02
Speaker 3: you by our friends at Sky Wealth, where I get
1:04
Speaker 3: the absolute privilege of sitting down with one of our incredible.
1:07
Speaker 3: She's on the money community members and talking all about
1:10
Speaker 3: their journey. Let's jump straight into it, because this week
1:13
Speaker 3: I got a message and it sounded exactly like this
1:17
Speaker 3: high she's on the money. After having kids and getting divorced,
1:21
Speaker 3: I set off on a journey learning to live life
1:24
Speaker 3: as a single mum. I went from being in a
1:26
Speaker 3: relationship where we owed money to everyone to being a
1:30
Speaker 3: solo mum who got to really enjoy life. I found
1:33
Speaker 3: a new love, we moved in together, and after speaking
1:36
Speaker 3: with a broker in October last year, we were so
1:39
Speaker 3: surprised at how soon we could get into the property market.
1:42
Speaker 3: Six months later, we have a deposit, saved, a block,
1:45
Speaker 3: waiting for titles, and hope to start building our new
1:49
Speaker 3: home in a few months. It's been a dream come true,
1:53
Speaker 3: money Diarist, But you never saw this coming.
1:56
Speaker 2: Absolutely not. Yeah, far off my plan when I was
2:00
Speaker 2: sort of a teenager, but seat of actually getting there
2:02
Speaker 2: onto that track. But it's been a journey, Oh my goodness.
2:06
Speaker 3: All right, before we get into it, I want to
2:08
Speaker 3: know what grade would you give your money habits from
2:10
Speaker 3: A through to F.
2:11
Speaker 2: Probably maybe like A B minus B minus.
2:14
Speaker 3: All right, let's go with it. I want to know
2:16
Speaker 3: more about it. Can you tell me a little bit
2:18
Speaker 3: more about your money story and the things that have
2:20
Speaker 3: impacted it.
2:21
Speaker 2: Yeah. Absolutely started is st of way back when I
2:24
Speaker 2: was seventeen. I had to move out a home to
2:25
Speaker 2: go to UNI. I lived in a little, little rural town.
2:28
Speaker 2: I had to move to a city, so that was
2:29
Speaker 2: a big change. Seventeen year olds don't know too much
2:32
Speaker 2: about money, so we go straight in my partner at
2:35
Speaker 2: the time. We moved into a rental and set off
2:37
Speaker 2: through that. I had my first son while I was
2:39
Speaker 2: at UNI and decided not to finish my degree. And
2:42
Speaker 2: then yeah, we decided to move to a regional town
2:45
Speaker 2: after having our little one because it was very expensive
2:47
Speaker 2: in a city and we just wanted to live that
2:49
Speaker 2: regional life. Things that have happened through COVID. I had
2:53
Speaker 2: another child, then separated from my ex husband, and then yeah,
2:58
Speaker 2: set off on my own was a very very different experience. Obviously,
3:02
Speaker 2: having to go from two incomes, like always having someone
3:06
Speaker 2: around to everything was my responsibility, so it was like
3:10
Speaker 2: a culture shop and a half.
3:12
Speaker 3: Absolutely, And it's not like you get married with the
3:15
Speaker 3: intention of divorcing somebody, so like, no going through the
3:18
Speaker 3: emotional journey of going, well, now this isn't working out.
3:22
Speaker 3: What was that? Like, what kind of emotional and mental
3:26
Speaker 3: journey you going on when those decisions are being made.
3:28
Speaker 2: Yeah, it was tricky, Like a lot of it was
3:31
Speaker 2: sort of around like what's best for the kids and
3:33
Speaker 2: what was best for myself? Like I saw just sort
3:36
Speaker 2: of seeing people around me doing all these things that
3:38
Speaker 2: I just wasn't able to do, and it just felt
3:40
Speaker 2: like I was going nowhere. So it was sort of
3:42
Speaker 2: a conversation where I guess our lives just went in
3:45
Speaker 2: different directions. We had different goals, and like nobody wanted
3:49
Speaker 2: to hold each other back anymore. So, Yeah, I moved
3:51
Speaker 2: out of the home, set off, got my own little rental.
3:54
Speaker 2: I was probably only earning about nine hundred dollars a week.
3:57
Speaker 2: The rental was about four twenty five a weeks, so
4:00
Speaker 2: it's a huge shift, but we made it work. But yeah,
4:03
Speaker 2: thankfully I work in a commission sort of based role
4:05
Speaker 2: and did them as well, so I sort of had
4:08
Speaker 2: to wiggle my way around and work out how does
4:11
Speaker 2: sort of work around that? But the commissions were a
4:12
Speaker 2: bit of a saving grace and once I got my
4:14
Speaker 2: feet on the ground. I started loving life.
4:17
Speaker 3: I love this, and then you met someone new I did.
4:21
Speaker 3: What does a money conversation look like? Because obviously I'm
4:25
Speaker 3: just going to make some assumptions here. You can clear
4:27
Speaker 3: them up for me. When you got married, you probably
4:30
Speaker 3: just like drifted into a money relationship, like you decided
4:33
Speaker 3: to have kids, you just things start to work. What
4:35
Speaker 3: are the money conversations like, once you've been through all
4:38
Speaker 3: of that, you have kids, you've got your own I
4:39
Speaker 3: guess financial security. Now, what does it look like having
4:44
Speaker 3: new conversations?
4:45
Speaker 2: Yeah? Yeah, So I was very sort of open and
4:47
Speaker 2: honest about my history, which in turn they are also
4:50
Speaker 2: very open about their history. We both sort have talked
4:53
Speaker 2: about where we've been and where we're out. I spoke
4:55
Speaker 2: about I didn't have a week where we didn't owe
4:58
Speaker 2: money when I was in my marriage, and that was
5:01
Speaker 2: a spiraling situation, like when you owe people money, you
5:04
Speaker 2: go get to the next week, you pay them back,
5:06
Speaker 2: and then by the end of the week you're back
5:07
Speaker 2: to square one again, like you need money for nappies
5:10
Speaker 2: or petrol, all those sorts of things. So, because I'd
5:14
Speaker 2: pulled myself out of that situation when I was single,
5:17
Speaker 2: I started saving money. I just went, I don't want
5:19
Speaker 2: to be in that situation ever again. I'd paid off
5:22
Speaker 2: a car by myself, I'd been paying rent by myself,
5:26
Speaker 2: and I just basically decided that, like from there on, like,
5:30
Speaker 2: if someone were to come into my life, they need
5:31
Speaker 2: to add value to my life and not make things harder.
5:35
Speaker 2: So I was very upfront, like I'm not going to
5:37
Speaker 2: financially uphold you, like we'll be separate in our sort
5:40
Speaker 2: of ways. So yeah, like once we decided to move
5:42
Speaker 2: in together, we just went, all right, everything's split down
5:45
Speaker 2: the middle. We've got our own separate accounts, we've got
5:47
Speaker 2: our savings account, but we're our own independent people. So
5:51
Speaker 2: that sort of helps both of us be our own
5:54
Speaker 2: person but sort of still have our relationship at the
5:58
Speaker 2: same time, and it just works.
5:59
Speaker 3: I feel like that is just so positive and just
6:02
Speaker 3: so healthy, and not every relationship starts with like, Okay,
6:06
Speaker 3: well this is how we're going to manage money, and
6:07
Speaker 3: we're going to split it here and these are the plans,
6:09
Speaker 3: and you feel so I don't know, at peace with
6:12
Speaker 3: the decisions you're making because you're making them as opposed
6:15
Speaker 3: to falling into them. Is this something that you're like, no,
6:18
Speaker 3: it just makes our relationship so much stronger. Or is
6:20
Speaker 3: this something where you're like, we don't even think about it,
6:23
Speaker 3: Like how does that impact you?
6:24
Speaker 2: I think it does make us stronger because it just
6:27
Speaker 2: allows us to be our own independent people. And that's
6:30
Speaker 2: like coming from a not so healthy a relationship where
6:33
Speaker 2: money was always such a big issue. It was always
6:36
Speaker 2: all like who spent on what? And how much do
6:40
Speaker 2: we have left? And can I buy this? We don't
6:42
Speaker 2: have those conversations. It's you've got your own money. If
6:44
Speaker 2: you want to buy something, you go for it, Like
6:47
Speaker 2: just as long as it's sort of not out of
6:49
Speaker 2: you know, the joint money. Like we have conversations around
6:52
Speaker 2: all like we want to go to that concept? Do
6:54
Speaker 2: we want to sort of use our joint savor for that?
6:56
Speaker 2: So it ends up being so much more a team effort,
7:00
Speaker 2: but without feeling like anyone has to step on toes
7:03
Speaker 2: or tiptoe around any issues. And it's just so nice.
7:06
Speaker 3: How did you get to that place? Because like coming
7:09
Speaker 3: from and like I don't want to throw your marriage
7:11
Speaker 3: that you had under the bus, but how did you
7:14
Speaker 3: go from that would have been so stressful? Right, like
7:16
Speaker 3: oweing people money every single week and then obviously trying
7:19
Speaker 3: to change and being like I'm never going to do
7:21
Speaker 3: that again. That's not how I want to live my life.
7:23
Speaker 3: But you still would carry those feelings, right, like how
7:27
Speaker 3: have you been dealing with that? And just the change
7:30
Speaker 3: of your money story because it's so significant, but it's
7:32
Speaker 3: not easy.
7:34
Speaker 2: No, no, So a lot of it was like I
7:36
Speaker 2: counted my time where I was just a single mom
7:38
Speaker 2: as like my self growth era. So that's where I
7:41
Speaker 2: started doing a lot of research and I first fell
7:43
Speaker 2: into Glenn James and then it sort of spiraled from there.
7:46
Speaker 3: You're aways spiral after meeting Glenny James, absolutely, yeah, but
7:51
Speaker 3: then it just sort of went like I realized just
7:53
Speaker 3: how big of an impact financials were on a relationship,
7:57
Speaker 3: and it ended up being a straight up conversation.
8:00
Speaker 2: Like even when I started dating, it was like, all right,
8:02
Speaker 2: what is your situation? Like this is mine? What are
8:05
Speaker 2: your goals? How do you want to function? So I'm
8:08
Speaker 2: straight out like I have kids, I've got my own responsibilities,
8:11
Speaker 2: Like everyone's situation looks so different, but I was just
8:16
Speaker 2: I'm straight up, I'm very honest, and we'll just tell
8:19
Speaker 2: everyone straight up, like I this is not open for negotiation, Like,
8:23
Speaker 2: I'm not going to have financial control over you. You're
8:26
Speaker 2: not going to have financial control over me. So it's
8:29
Speaker 2: at that scared anyone away. That's up to them. But yeah, yeah,
8:32
Speaker 2: I think you've just especially as a female, you've got
8:34
Speaker 2: to really stand your ground and say like, this is
8:37
Speaker 2: this is how it will work. Love.
8:39
Speaker 3: Now tell me what do you do for? How much
8:41
Speaker 3: money do you earn?
8:42
Speaker 2: Yeah, I'm in sales. I have a base salary of
8:44
Speaker 2: about seventy thousand a year. Currently, to date, i've earned
8:48
Speaker 2: one twenty, so I'm aiming for a one forty. It's
8:53
Speaker 2: very heavily commission based, works well when your money oriented.
8:56
Speaker 2: But yes, aiming for one forty.
8:58
Speaker 4: I love that.
8:59
Speaker 3: I feel like that's such an attractive career. Right, So
9:02
Speaker 3: so many people are like, I don't know, I want
9:04
Speaker 3: to make good money. I'm good at talking to people
9:07
Speaker 3: like how did you get into sales? Was that something
9:10
Speaker 3: where you know year twelve or where an envy you've
9:12
Speaker 3: finished school, You're like, I'm going to go into sales
9:14
Speaker 3: and I'm going to make commission. You don't understand that structure?
9:17
Speaker 3: How does this happen?
9:18
Speaker 2: Yeah? So I'm not very like you want to employ
9:20
Speaker 2: me kind of person. So when I was in Uni,
9:23
Speaker 2: I worked for Ikia, so I just worked in like
9:26
Speaker 2: retail spaces. I worked my way through to doing kitchen planning. Cool.
9:29
Speaker 2: Then when I moved regionally, I told a local cabinet
9:32
Speaker 2: maker that they wanted to hire me. So they did.
9:35
Speaker 3: And you know what, I think life meets you at
9:38
Speaker 3: the level of audacity you choose to have.
9:40
Speaker 2: I agree, yeah, And then I did that same approach
9:42
Speaker 2: and moved into new homes good girl, and said you
9:45
Speaker 2: want to hire me. And then from there was I
9:47
Speaker 2: able to sort of transition into the business. I'm in now,
9:50
Speaker 2: so I sell sheds. Cool, but I just got I
9:54
Speaker 2: got poached for that job. So it was one of
9:56
Speaker 2: those things. But because of my history of working in sales,
9:59
Speaker 2: like if you can sell you home like you're selling
10:00
Speaker 2: a piece of paper, I was told you can basically
10:02
Speaker 2: sell anything, absolutely yeah. And the big change of that
10:05
Speaker 2: was only just to eliminate working weekends, because having young
10:09
Speaker 2: children working weekends doesn't work the best. So I found
10:11
Speaker 2: myself pushy Monday to Friday with really good bonuses.
10:16
Speaker 3: I love this, and you're selling sheds.
10:18
Speaker 2: I'm selling sheds.
10:20
Speaker 3: And you're on track to make one forty a year
10:22
Speaker 3: for it. You are an icon.
10:23
Speaker 2: How good is that? Sales has a bad rat, but
10:27
Speaker 2: it's not a bad job.
10:28
Speaker 3: I don't know. I loved like having had a similar background,
10:32
Speaker 3: like all through UNI and like school, I was doing
10:34
Speaker 3: sales based jobs like re retail and stuff, and I
10:37
Speaker 3: remember being like, I love this, Like I love talking
10:40
Speaker 3: to people, and it's just such a fun job. So
10:43
Speaker 3: if that's something that you're good at, maybe that's the
10:45
Speaker 3: like more corporate version.
10:47
Speaker 2: Yeah, I talk all day so even if I'm not
10:50
Speaker 2: at work, people tell me I talk too much. So
10:52
Speaker 2: it's perfect for my personality.
10:54
Speaker 3: Well, that happened to me at school. That's say, Victorian
10:56
Speaker 3: is so good at what she does, she just needs
10:59
Speaker 3: to focus. She just needs to stop talking to all
11:01
Speaker 3: the other kids in class. And how did that work
11:03
Speaker 3: out for me? I got myr own show, so exactly.
11:07
Speaker 3: Life meets you at the level of audacity that you have.
11:11
Speaker 2: Absolutely, I'm getting paid to do what I was told
11:13
Speaker 2: not to do.
11:14
Speaker 3: Exactly. It can't be that hard, right, No money does
11:19
Speaker 3: tell me? What are your big money goals? What are
11:20
Speaker 3: you currently working towards? Life looks a little bit different
11:23
Speaker 3: than it used to do. So have those things.
11:25
Speaker 2: Shifted Yeah, definitely. So, as I said in my diary,
11:30
Speaker 2: we are hopefully building a house. We've actually put our
11:32
Speaker 2: pre approvals in this morning, so it's really really scary.
11:35
Speaker 3: So someone sold you a house.
11:37
Speaker 2: I love this. Yeah, yeah, so not yet. We actually
11:39
Speaker 2: have a block on hold, so we're hoping to build.
11:42
Speaker 2: So yeah, pre approvals are in this morning. We're with
11:44
Speaker 2: the builder trying to get our plan to organized. It
11:47
Speaker 2: is it is, but yeah, it was a bit of
11:49
Speaker 2: a big shock. So matte Ye, our biggest goal is
11:51
Speaker 2: to obviously get this house built, and then once that's
11:53
Speaker 2: done that I'd like to start building up shares. I
11:55
Speaker 2: think that's sort of most people now that nowadays. But yeah,
11:59
Speaker 2: mostly getting into the market, which was yeah, we didn't
12:02
Speaker 2: expect to be able to do so soon.
12:03
Speaker 3: Well I feel like it's the gateway, right. You meet
12:05
Speaker 3: Glenn James, and then Glenn James might introduce you to
12:08
Speaker 3: me or vice versa, and you get into this eco
12:11
Speaker 3: system of people who want you to have a really
12:14
Speaker 3: secure financial future. You kind of go, Okay, cool house,
12:18
Speaker 3: no worries, I can do that. Okay, cool this one.
12:20
Speaker 3: No worries I can do that shares Like I just
12:23
Speaker 3: I feel like it's like a cult, but like we're
12:26
Speaker 3: actually benefiting people instead of manipulating them, Like we should
12:30
Speaker 3: be working harder at this.
12:31
Speaker 2: So I'll call Glenn absolutely I loved that.
12:34
Speaker 3: Let's go to a really quick break And on the
12:36
Speaker 3: flip side, I want to know more about your investment plans,
12:39
Speaker 3: what that will look like, your house, what type of
12:41
Speaker 3: debt we're going to take on, and then you're best
12:43
Speaker 3: in worst money habits, so guys don't go anywhere money diarist.
12:51
Speaker 3: We are back, and I want to know you've come
12:54
Speaker 3: into this ecosphere of i'd say financial literacy. Like Glenn
12:58
Speaker 3: and I are very on the same page. What are
13:01
Speaker 3: your thoughts around investing? Obviously at the moment, money is
13:04
Speaker 3: tied up, like you're planning on purchasing, but have you
13:07
Speaker 3: made a little plan or do you have a strategy
13:10
Speaker 3: for investing.
13:11
Speaker 2: Yeah, so obviously most of our money at the moment's
13:13
Speaker 2: going into our deposit account. But I did start up
13:16
Speaker 2: a little shares y's account probably in February, and I've
13:20
Speaker 2: got maybe like two hundred dollars in there at the moment,
13:22
Speaker 2: So focusing a little bit on just learning what different
13:25
Speaker 2: terms are, like even when it came to like ETF,
13:28
Speaker 2: so I just went like, I don't even know what
13:30
Speaker 2: that is. So I spent a lot of time, like
13:33
Speaker 2: I extra like hyper focus on these sorts of things,
13:36
Speaker 2: and I've just gone like deep dive right into it,
13:39
Speaker 2: just sort of learning what they mean and what they
13:41
Speaker 2: can do. But yeah, that's sort of as far as
13:43
Speaker 2: I've gone with shares, and then I think it was
13:46
Speaker 2: a couple I think three years ago I actually asked
13:49
Speaker 2: an old coworker of mine what super actually is and
13:52
Speaker 2: he gave me a crash course. So with that, my
13:54
Speaker 2: super has definitely changed, and I'd like to keep growing
13:58
Speaker 2: that as well over like yeah, the years till retirement.
14:02
Speaker 3: I love this. She's got her plan and she knows
14:05
Speaker 3: what she's doing. Tell me more about this property, Like
14:09
Speaker 3: you've got a blocker pland what does that process look like?
14:12
Speaker 3: Because you backtrack in your submission you said we went
14:15
Speaker 3: and saw a broker and now we have a deposit
14:17
Speaker 3: and we're ready to go. Tell me about that journey
14:19
Speaker 3: with a broker, Like, yep, did you sit down and
14:21
Speaker 3: do cash flow? Did you do like talking about your
14:23
Speaker 3: deposit like, what did that look like?
14:25
Speaker 2: Yeah. So I'm like, I'm a super researcher and I
14:28
Speaker 2: have to know everything before I go into an appointment.
14:30
Speaker 2: So I basically went into this appointment and I said, hey, like,
14:33
Speaker 2: we're on a border town, so vic and your sofuals
14:36
Speaker 2: have very different rules. We want to stay on the
14:38
Speaker 2: big side. Yes, So I said to her, like, I've
14:40
Speaker 2: done market research. It's cheaper to build in our area
14:43
Speaker 2: than it is to buy. We want to build a house.
14:45
Speaker 2: We want to use the first time onn A grant.
14:47
Speaker 2: We want the ten thousand dollars, we want the five
14:49
Speaker 2: percent scheme, we want to layer it all like. So
14:52
Speaker 2: she just went yeah, okay, So she ran out numbers,
14:55
Speaker 2: she got all of our expenses, all of our income,
14:58
Speaker 2: and she just went, well, yeah, like six fifty would
15:02
Speaker 2: work because we have a six to fifty cap with
15:04
Speaker 2: the regional first homeowner five percent deposit scheme. So she
15:08
Speaker 2: just went, yep, that's fine. So I think it was
15:11
Speaker 2: December that we started looking at blocks of land and
15:14
Speaker 2: we went, maybe we'll find something. A lot of the
15:16
Speaker 2: time that blocks takes it of after twelve months to time. Yeah,
15:19
Speaker 2: so we're like, oh, we'll dip our toes in the water.
15:22
Speaker 2: Got a block of land on hold last month. Yeah,
15:26
Speaker 2: so that was two hundred and twenty five thousand. We
15:28
Speaker 2: do have to couple the build d land contracts together,
15:31
Speaker 2: so we've got to get the building contract before titles come.
15:35
Speaker 2: So that's where we're just getting all our ducks in
15:37
Speaker 2: a row at the moment, and then yeah, hopefully come
15:41
Speaker 2: end of June we will settle on a block of
15:43
Speaker 2: land and start building.
15:45
Speaker 3: That is so exciting. So we how does one pick
15:48
Speaker 3: a block of land? Did you just go that one's
15:51
Speaker 3: for sale money win? Did you go? I like, because
15:54
Speaker 3: there's obviously a lot, and I promise I'm not completely naive.
15:57
Speaker 3: There's obviously a lot that goes into it because some
15:59
Speaker 3: people be like, no, I want land with titles, and
16:02
Speaker 3: some other people might go, no, I want one without
16:04
Speaker 3: a title because they're usually cheaper without a title, and
16:06
Speaker 3: then after they will increase in value. So tell me
16:09
Speaker 3: around like a bit more about your thought process.
16:12
Speaker 1: Yeah.
16:12
Speaker 2: Yeah, so untitled worked better because we do need the
16:15
Speaker 2: land and build contract together, so in thees that we
16:18
Speaker 2: actually had time to get that build side of things sorted,
16:21
Speaker 2: and it just gave me peace of mind with a
16:23
Speaker 2: bit of a time frame. Anything that's sort of titled
16:25
Speaker 2: already like it's too us like too fast for my
16:28
Speaker 2: brain to comprehend. And then obviously working in the building industry,
16:32
Speaker 2: there was a lot that I sort of learned from that.
16:35
Speaker 2: So for us, like we want to reid access, so
16:38
Speaker 2: I needed something that was a certain wit to allow
16:40
Speaker 2: for us to get into the back if we get
16:41
Speaker 2: trailers or caravans and all those sorts of things. Price
16:44
Speaker 2: was obviously a big thing because we do have a
16:46
Speaker 2: six fifty cap yep. We like to have a little
16:48
Speaker 2: bit of yard because of the two kids, and we
16:50
Speaker 2: do have a dog. So yeah, we just basically went
16:52
Speaker 2: all right, we want roughly around this size. One came
16:56
Speaker 2: up in the area that we're living in, which is fantastic.
16:58
Speaker 2: It's just down road.
17:00
Speaker 3: How good?
17:01
Speaker 2: Thanks, Yeah, it's perfect, Like we love the area and
17:03
Speaker 2: it's just everything just came together so well, so we're
17:06
Speaker 2: pretty lucky.
17:07
Speaker 3: Oh I love this, And can I be really perfect
17:10
Speaker 3: because obviously you've got a six to fifty cap. What
17:12
Speaker 3: type of income is your partner earning?
17:14
Speaker 2: Yeah, so he's on about I think eighty six before
17:17
Speaker 2: super Yeah.
17:18
Speaker 3: Also she's the bread winner, and I love this. I
17:23
Speaker 3: was like, is she because like, obviously I'm doing some
17:25
Speaker 3: quick mats in my head and I'm like, oh, he'd
17:27
Speaker 3: be on about similar or just lower than through six fifty. Anyway,
17:31
Speaker 3: I love that. Tell me a little bit more about
17:34
Speaker 3: the purchase. So how much does it cost for the land,
17:36
Speaker 3: how much does it cost for the build? What does
17:38
Speaker 3: that look like for you guys?
17:39
Speaker 2: Yeah, yeah, so the land two twenty five, the build
17:43
Speaker 2: currently sitting around four twenty, so we're pushing it. We've
17:46
Speaker 2: got about fiogram buffer in there.
17:47
Speaker 3: Yea.
17:48
Speaker 2: That doesn't include fencing or landscaping or side the contracts,
17:51
Speaker 2: so total will probably end up spending another set of
17:54
Speaker 2: ten twenty afterwards. But yeah, Like the house itself is
17:58
Speaker 2: four bedrooms, two bathrooms, wood size house. The kids will
18:01
Speaker 2: have their own little playroom, so it'll just work perfectly
18:04
Speaker 2: for us. We don't need anything too old. Yeah, it's
18:07
Speaker 2: keeping it quite standard.
18:08
Speaker 3: Yeah, I'm so excited for you guys. And like, landscaping
18:12
Speaker 3: is one of those things where if it can be included, great,
18:15
Speaker 3: but if it's not, it's also something we can go
18:17
Speaker 3: back and do later, Like if you can't afford it
18:19
Speaker 3: in the moment, and we have these conversations a lot
18:22
Speaker 3: at Zella where clients are like, oh, with the whole
18:24
Speaker 3: package is this And I'm like, oh, could you negotiate
18:27
Speaker 3: not having landscape because you can have the ugliest front
18:29
Speaker 3: yard for a year, it doesn't matter, but at least
18:32
Speaker 3: you've got, you know, some good finishes, or you know,
18:35
Speaker 3: you were able to actually pay for the driveway to
18:37
Speaker 3: go in or whatever. We are actually negotiating because those
18:41
Speaker 3: are things we can go back and do later. But
18:43
Speaker 3: you can't go back and add another bedroom for the
18:46
Speaker 3: same price, or like even just land. So I just, ah,
18:50
Speaker 3: it's so exciting when people are like, I'm building. And
18:54
Speaker 3: for those who follow that she's on the Money podcast,
18:56
Speaker 3: they know that Jess who's on the show, She's currently
19:00
Speaker 3: in the same situation as you. She's just a little
19:02
Speaker 3: bit more progressed. She's like bought her land, she's like
19:05
Speaker 3: signed off on the build, like it's just started building.
19:08
Speaker 3: Like it's just such an exciting process to go through.
19:12
Speaker 3: And yeah, keep me updateated. Do you have any other
19:17
Speaker 3: debts apart from taking on this mortgage?
19:20
Speaker 2: Yeah, yeah, so we do have a car loan, which
19:22
Speaker 2: we didn't think that we'd be buying a house anytime soon.
19:25
Speaker 2: So it kind of got to a point where we're like, well,
19:27
Speaker 2: how about we just get a nice family car to
19:29
Speaker 2: travel in. I think there's about sixty thousand on that one,
19:32
Speaker 2: big car, big loan, but yeah, like it is what
19:36
Speaker 2: it is. We'll probably focus on paying that one down
19:39
Speaker 2: a bit quicker once the mortgage is all sorted. But yeah,
19:41
Speaker 2: other than that, there's just a two thousand dollars credit
19:43
Speaker 2: card as well that we've just sort of kept aside
19:45
Speaker 2: as like an emergency, like if you need to use it,
19:49
Speaker 2: use it, but if you don't, don't. Just sort of
19:51
Speaker 2: help keep that sort of credit going and a little
19:54
Speaker 2: bit of fun money if we ever wanted it.
19:55
Speaker 3: Yeah, I know that makes sense. And is that two
19:57
Speaker 3: thousand dollars credit card that's the limit, not what you've
20:00
Speaker 3: got owing on it. Yeah, that's the limit. Yeah, Yeah,
20:03
Speaker 3: very cool. So talk to me about personal insurance. Like,
20:06
Speaker 3: you've got two young kids, you're taking on a whole
20:09
Speaker 3: heap of debt. Is this something you've thought about? What
20:11
Speaker 3: is the plans? If you came through Glennie James, you
20:14
Speaker 3: know he's as obsessed with personal insurance as I have.
20:17
Speaker 3: So this won't be the first time you've heard of it.
20:20
Speaker 3: Tell me what are your thoughts.
20:22
Speaker 2: Yeah, so I have a total permanent a disability and
20:26
Speaker 2: death in my super, so I've set that up to
20:30
Speaker 2: be higher than what the value of the house would be,
20:33
Speaker 2: so if anything else happen, covers it all. And I've
20:37
Speaker 2: actually done the same for my partner as well. I
20:39
Speaker 2: got him to jump into his super and just tweak
20:41
Speaker 2: your things. You don't even notice, Like honestly, it comes
20:44
Speaker 2: out of your super, you don't even know. So it's
20:46
Speaker 2: just simple.
20:47
Speaker 3: Do you feel like a different person than the person
20:49
Speaker 3: that was married, because like I'm just picking up she's
20:52
Speaker 3: now the bread winner. She's the one telling her partner
20:54
Speaker 3: and to do some super stuff. Like you're talking about
20:57
Speaker 3: an investment plan for the future.
20:59
Speaker 2: You've just bought a prop Like what's the contrast completely backwards?
21:05
Speaker 2: Like it's just even little things like if people want it,
21:08
Speaker 2: we wanted to go camping, like I'd have to sit
21:11
Speaker 2: there and count the dollars for the groceries, whereas these
21:13
Speaker 2: days I'm like, yeah, let's let's just go down to
21:15
Speaker 2: Melbourne for the weekend. Like it's it is nice, Like
21:18
Speaker 2: it's just it's a complete backflip, and that's sort of
21:22
Speaker 2: exactly sort of more what sort of that teenage me
21:25
Speaker 2: was expecting just a little bit later. But that's okay,
21:28
Speaker 2: that's okay.
21:29
Speaker 3: We're all in our own timelines. And yeah, is that
21:32
Speaker 3: something that's now impacting your relationship with your kids? Like
21:35
Speaker 3: when it comes to money and how that works. I
21:38
Speaker 3: feel like money inherently because it is and can be
21:41
Speaker 3: so stressful, it impacts the way that we interact with
21:43
Speaker 3: our family in general. What does that look like now?
21:47
Speaker 2: Yeah, So I'm very open with my kids, like they've
21:50
Speaker 2: understood the whole process, Like we want to build a house,
21:52
Speaker 2: Like we've shown them what we want to do, and
21:54
Speaker 2: if they sort of say, oh, can we go out
21:56
Speaker 2: and do something, like I'll go, okay, well, this week,
21:59
Speaker 2: we need to put some more money to the house,
22:01
Speaker 2: but like maybe we can compromise so little things like
22:04
Speaker 2: we'll just put a movie on Amazon and have popcorn
22:07
Speaker 2: in the playroom instead of actually going to the movies,
22:09
Speaker 2: And like they're really good with those sorts of things.
22:12
Speaker 2: So just to me, the transparency is really important and
22:16
Speaker 2: it's actually taught, especially my oldest to start saving himself.
22:20
Speaker 2: So every time he loses a tooth, he goes, oh,
22:22
Speaker 2: instead of spending this on lollies, like, I'm gonna save
22:25
Speaker 2: my money and get something a bit bigger. So it
22:27
Speaker 2: makes you proud as a parent when you sort of
22:29
Speaker 2: start to see the conversations you're having like actually start
22:33
Speaker 2: to impact them a little bit as well.
22:35
Speaker 3: So it's so cute, and I find that I'm not
22:38
Speaker 3: at that stage yet. I've got a two year old,
22:40
Speaker 3: so he doesn't get it. He just wants stuff in
22:43
Speaker 3: a train book and he's good to go. But it's
22:46
Speaker 3: making me think a lot, like how am I going
22:47
Speaker 3: to teach my children about money? Because in twenty twenty six,
22:51
Speaker 3: it just feels so different to the way that I
22:53
Speaker 3: grew up, Like the way I grew up around pocket money,
22:55
Speaker 3: it was very physical, like every Friday after school we
22:58
Speaker 3: would get our pocket line and my sister and I
23:01
Speaker 3: had our own piggy banks, and like, you know, it
23:04
Speaker 3: was such a physical thing. How are you starting to
23:07
Speaker 3: teach your kids about money? The value of money? Is
23:10
Speaker 3: pocket money a thing? Still? Like what's your take?
23:12
Speaker 2: Yeah, so we haven't sort of gotten too much into
23:14
Speaker 2: pocket money yet, but we have had a look, and
23:17
Speaker 2: I think it's called sprigging, there's like, yes, that account
23:20
Speaker 2: you can get.
23:21
Speaker 3: Yeah.
23:21
Speaker 2: Yeah. So I think that because you can set little
23:24
Speaker 2: goals in there, like and you can actually sort of
23:26
Speaker 2: have a look and see how the goals are tracking,
23:28
Speaker 2: that can sort of make things a bit more physical.
23:30
Speaker 2: So definitely something we're looking more into. Just haven't set
23:34
Speaker 2: of actioned so much, but just trying to help them visualize.
23:37
Speaker 2: Like when we've had the savings for the house, we
23:39
Speaker 2: actually had like I drew up a physical thermometer and
23:42
Speaker 2: stuck it on the wall and I was like coloring
23:44
Speaker 2: in the sections for each thousand we saved, and they
23:47
Speaker 2: got excited every time a section got colored in, so
23:50
Speaker 2: like it was it was seeing that physical side of
23:52
Speaker 2: things that sort of made them get excited. And then
23:54
Speaker 2: once we got to the very top, they were like,
23:56
Speaker 2: oh my god, like we've made it, and it was
23:59
Speaker 2: just a celebration for them, even though like obviously they
24:02
Speaker 2: haven't done much, but they like to them it was
24:04
Speaker 2: more like this, wow, like it's at the top. So
24:07
Speaker 2: that sort of has translated really well into them to
24:10
Speaker 2: understand like why we've made changes and that has actually
24:14
Speaker 2: gotten us somewhere. So hoping that we can start moving
24:17
Speaker 2: forward in that way. But I've also sort of listened
24:20
Speaker 2: to the podcasts with shares Ease with the kids accounts,
24:23
Speaker 2: So probably once the house is sorted, we'll start putting
24:27
Speaker 2: more money sort of aside for kids' shares that they
24:30
Speaker 2: can access when they're a bit older as well.
24:32
Speaker 3: Totally, And I really liked what you said before because
24:34
Speaker 3: you were talking and like, these are just conversations, but
24:37
Speaker 3: once you become a parent, you're like craving more of
24:39
Speaker 3: these conversations, like what are other people's opinions? What are
24:41
Speaker 3: they doing? Like how do I do this? So that's
24:44
Speaker 3: I guess why I'm focusing on it a little bit more.
24:47
Speaker 3: But you said something about transparency and just the idea
24:51
Speaker 3: that you're like, no, we sat the kids down and
24:52
Speaker 3: we said that we wanted to build a house, and
24:54
Speaker 3: we had the thermometer on the wall. Like, to me,
24:57
Speaker 3: that's such a beautiful way of giving them the level
24:59
Speaker 3: of trans parency that they need at that age, as
25:02
Speaker 3: opposed to going, well, mum earns X and this is
25:05
Speaker 3: the whole budget, like that can be really overwhelming. And
25:09
Speaker 3: when we talk about transparency, I think people go, oh,
25:13
Speaker 3: so I have to tell them everything? Well, no, you
25:15
Speaker 3: don't just let them focus on one goal or one
25:18
Speaker 3: thing and you said, oh, like we're not going to
25:21
Speaker 3: the movies, but we'll get some popcorn and watch a
25:23
Speaker 3: movie on Amazon. Like kids understand and comprehend so much
25:28
Speaker 3: more than we give them credit for sometimes, And do
25:32
Speaker 3: you find that they are the ones going, oh, yeah,
25:34
Speaker 3: that's still a good activity. They don't feel like they're
25:36
Speaker 3: missing out.
25:37
Speaker 2: Yeah, yeah, absolutely, like because I'm so lucky to be
25:40
Speaker 2: a commission based role, like there are sometimes we will
25:43
Speaker 2: do something a be bigger, Like before we even started
25:46
Speaker 2: saving for the house, like we were a bit bougie
25:48
Speaker 2: and we took the kids on a cruise, so they've
25:50
Speaker 2: been asking can we go again? Can we go again?
25:52
Speaker 2: So I just sort of have gone, well, be saved
25:54
Speaker 2: up for a cruise. But now we're saving up for
25:56
Speaker 2: a house. So once we've finished the house, like then
25:59
Speaker 2: we can talk about what the next big thing is.
26:01
Speaker 2: So it is just like a lot of it sort
26:03
Speaker 2: of buy association. Like kids don't know the difference of
26:07
Speaker 2: twenty dollars to two hundred dollars, Like they don't like
26:09
Speaker 2: it's just dollars. So yeah, like it's just it's trying
26:13
Speaker 2: to find that way that they can understand. And it's tricky, Like,
26:16
Speaker 2: it's very tricky because you are used to having adult
26:19
Speaker 2: conversations and you you've really got to dumb it down, like,
26:23
Speaker 2: but it is so much fun once they start to
26:25
Speaker 2: click and once they start to ask those questions. And
26:28
Speaker 2: as you said, no one understand no kid understands or
26:31
Speaker 2: mum earns this much and this is the budget like
26:34
Speaker 2: instead it's sort of more hey, like we can't really
26:36
Speaker 2: afford that this week, but how about we try for
26:41
Speaker 2: this week, or how about we do this instead, like, oh,
26:44
Speaker 2: we'll go to the park instead of going over to
26:47
Speaker 2: the trampoline place. So it's just it's finding those compromises
26:51
Speaker 2: for the now and then we can reevaluate once we've
26:54
Speaker 2: hit that goal.
26:55
Speaker 3: Yeah, and I think that, you know, the more I
26:57
Speaker 3: learn about children and money, one of the most important
27:00
Speaker 3: concepts that you can teach them is delayed gratification. So
27:04
Speaker 3: you said about the truth fairy, and I was like, oh,
27:06
Speaker 3: I really want to bring up this concept of delayed gratification,
27:10
Speaker 3: like your son is saying, if I choose to have
27:13
Speaker 3: a small something now, I'm sacrificing a big something later.
27:17
Speaker 3: And it's just such a beautiful thing to be able
27:20
Speaker 3: to teach kids that, like, yes, you could have instant
27:23
Speaker 3: gratification in the moment, you could have some lollies, but
27:26
Speaker 3: there's a bigger, better thing waiting for you. And it's
27:29
Speaker 3: not necessarily about the money. It's actually about teaching them
27:32
Speaker 3: to wait and teaching them to put value on things
27:35
Speaker 3: and think about things into the future. And that's going
27:38
Speaker 3: to serve them so well. It doesn't matter if it's
27:40
Speaker 3: five dollars or if it's a cruise, but just if
27:44
Speaker 3: we do this now, we can have a bigger, better
27:47
Speaker 3: life later. And that's just such a beautiful message to
27:50
Speaker 3: you know, instill in kids, especially younger kids, so that
27:54
Speaker 3: they can go, oh, no, I get why we didn't
27:56
Speaker 3: do that. I don't feel like I'm missing out. Can
27:58
Speaker 3: you imagine what your kids money stories are going to
27:59
Speaker 3: be like in thirty years, they can be on the
28:01
Speaker 3: show going, oh my mum taught me this, and I'm
28:04
Speaker 3: just so grateful, Like how cool.
28:07
Speaker 2: Yes, it's such a big thing, Like and I think
28:09
Speaker 2: I just my biggest thing is I look back at
28:13
Speaker 2: sort of how things were when I was a kid
28:15
Speaker 2: and look at how things are now, and I go
28:17
Speaker 2: what is it going to be like when my kids
28:18
Speaker 2: are older, Like it is harder to get into the market,
28:21
Speaker 2: It is harder to do these things, Like is it
28:23
Speaker 2: going to be even harder then? So the more I
28:25
Speaker 2: can sort of prep them for that, like, the better
28:29
Speaker 2: off I think I will feel and the better off
28:31
Speaker 2: they will be. Yeah, totally.
28:33
Speaker 3: Now, what do you think your best I feel like
28:36
Speaker 3: you've got good money habits across the board. But what
28:38
Speaker 3: do you think your best money habit is.
28:40
Speaker 2: That's a moment probably just like making sure that everything
28:44
Speaker 2: is just in its place when I get my money
28:46
Speaker 2: in each week, so as soon as it comes in,
28:48
Speaker 2: it's bills, it's like money straight to savings like that
28:52
Speaker 2: is allocated to that, and then whatever's left like that
28:55
Speaker 2: is left. So it's just making sure, yeah, everything that
28:58
Speaker 2: needs to be paid and that, like essential savings is
29:02
Speaker 2: all just done and then yeah, that's that. So if
29:05
Speaker 2: there's not enough left for that new T shirt that
29:07
Speaker 2: I want, like too bad, I've just got to wait.
29:10
Speaker 3: Yeah. Now, or do you think your worst money havebit is?
29:13
Speaker 3: I don't know if you've got one.
29:15
Speaker 2: I have this bad habit of just buying concert tickets
29:18
Speaker 2: on a whim.
29:19
Speaker 3: Oh, same at the moment.
29:21
Speaker 2: Yeah, it's just Oh, Hillary Duff's coming, no worries.
29:24
Speaker 3: I already did it.
29:25
Speaker 2: Yeah, exactly, I'll be there with you, I guess. So
29:29
Speaker 2: it's just like I have fomo and if I.
29:31
Speaker 3: Likegic millennials though, And there's been so many things that
29:35
Speaker 3: are not like, oh, you know, the concert tickets I'm buying.
29:38
Speaker 3: I don't know about your girlfriend, but the concert tickets
29:40
Speaker 3: I'm buying, they're like nostalgic. I'm like, no, I have
29:43
Speaker 3: to go, Like it's not Oh, they're super popular on
29:46
Speaker 3: the radio right now. I'm like, oh, no, it's Hillary Duff.
29:49
Speaker 3: I will die if I don't.
29:50
Speaker 2: See Hillary Duff definitely, And I'm like it's serious, fomo.
29:53
Speaker 2: What if she doesn't come back? Like I need to
29:55
Speaker 2: be there?
29:56
Speaker 3: No, no, and she's clearly gonna like no, sorry, I
30:00
Speaker 3: have so much hope for this tour, Like I know.
30:03
Speaker 2: My inner Lizzie McGuire is going to be there, don't.
30:07
Speaker 3: Two of my best friends and I are going together
30:09
Speaker 3: and we're planning even now.
30:11
Speaker 2: Already, Yeah, what are you wearing? What are you wearing?
30:14
Speaker 3: I'm going to buy a whole outfit like this is
30:16
Speaker 3: yes to me. A very bad money habit because do
30:19
Speaker 3: I have a dress?
30:19
Speaker 2: I can?
30:20
Speaker 3: We absolutely, but I need to channel my inner Lizzie
30:23
Speaker 3: McGuire like, I need some jeans with diamondies.
30:26
Speaker 2: Yes, like this is what dreams are made of. She says, exactly, I'm.
30:30
Speaker 3: Going to need like some hair accessory. There's there's going
30:33
Speaker 3: to be.
30:33
Speaker 2: A whole thing like butterfly clips and just like yes,
30:37
Speaker 2: also came.
30:38
Speaker 3: Out have butterfly clips at the moment and came in
30:40
Speaker 3: the kids section. If you want them for the little
30:42
Speaker 3: twisty back moment that we used to have as children.
30:45
Speaker 2: I'm going to have to do that.
30:46
Speaker 3: Yeah, you would.
30:47
Speaker 2: It would be rude not to, Like when a other
30:51
Speaker 2: opportunity are you going to get?
30:52
Speaker 3: It's not going to happen. It's not going to happen
30:54
Speaker 3: because she's as old as we are.
30:56
Speaker 2: Uh huh uh huh.
30:58
Speaker 3: Money there is. Now that we've spoken, I feel like
31:02
Speaker 3: you said a B minus at the start of this episode, Queen,
31:05
Speaker 3: what are you talking about? Like, I don't know if
31:08
Speaker 3: you're giving yourself enough credit for the transformation that you've
31:12
Speaker 3: been through, and we haven't focused enough on it, but
31:15
Speaker 3: just having gone from where you were to where you
31:17
Speaker 3: are I feel like you've done it in a relatively
31:19
Speaker 3: short period of time with an epic mindset. Like it
31:23
Speaker 3: has not been easy. I'm not going to downplay that,
31:26
Speaker 3: but you have gone from being in a situation that
31:31
Speaker 3: a lot of people come out of and need years
31:33
Speaker 3: to recover from. And it's not I'm not saying, oh,
31:35
Speaker 3: it was the marriage in general, but just the financial
31:38
Speaker 3: side of it. Sorry, queen. What are your hot tips
31:40
Speaker 3: and tricks and do you really think that you're a
31:42
Speaker 3: b minus?
31:44
Speaker 2: The biggest hot tips and tricks is work in sales,
31:46
Speaker 2: Like your commissions come in. Like I I had so
31:50
Speaker 2: many outstanding like electricity and gas bills that I just
31:53
Speaker 2: didn't know how to pay and those when that commission
31:56
Speaker 2: came in, it was like all right that one. Yeah, absolutely,
32:00
Speaker 2: Like I had to sacrifice absolutely, but it just having
32:04
Speaker 2: that extra money was such a bonus. Like I felt
32:07
Speaker 2: so privileged to be able to go, hey, like, I
32:11
Speaker 2: have extra money coming in and I can pay that off.
32:13
Speaker 2: So that was probably my biggest like win with my
32:16
Speaker 2: income type. But yeah, I don't know, Like I just
32:21
Speaker 2: always feel like there's room for improvement, and I feel
32:24
Speaker 2: like maybe if we do get successful in securing this loan,
32:28
Speaker 2: maybe I'd probably push myself up over to maybe an as.
32:32
Speaker 3: I'm sure you will. I don't see any issue with
32:35
Speaker 3: the loan happening.
32:36
Speaker 2: Yeah, we're very excited. So it's just, yeah, such a
32:39
Speaker 2: nervous part. Like no one ever talks about how scary
32:42
Speaker 2: that free approval part is, but it's so scary.
32:46
Speaker 3: Literally, it's why you've got to have such a good
32:48
Speaker 3: mortgage broker on your team. And like, don't get me wrong,
32:51
Speaker 3: I know a lot of people are like, oh, Victoria,
32:54
Speaker 3: I could just go to the bank. They're not going
32:55
Speaker 3: to hold your hand in the same way. They're not
32:57
Speaker 3: going to like have all the levers to be like, okay, cool,
33:00
Speaker 3: let's look down this like you know, and I'm not
33:02
Speaker 3: trying to be salesy for my own business, but when
33:06
Speaker 3: it comes to mortgage broking, you're going to somebody who
33:09
Speaker 3: has access to like sixty different options. Like if you
33:13
Speaker 3: go down to your bank, you've got two, but sixty
33:15
Speaker 3: different options that go Okay, cool, money direst you want
33:18
Speaker 3: the five percent schame great. I know which banks are
33:20
Speaker 3: going to you know, capitalize on that and give you
33:23
Speaker 3: the best outcome. Okay, cool, I know this bank actually
33:25
Speaker 3: has better service ability than this bank. Oh, this bank's
33:28
Speaker 3: going to look at your commissions a little bit differently,
33:30
Speaker 3: Like it's such a complex situation, but you just need
33:34
Speaker 3: someone on your side that's also going to text you like, hey, money,
33:37
Speaker 3: direst it's all good, like no news is good news,
33:40
Speaker 3: and you go, okay, good, thank god, because I thought
33:42
Speaker 3: I was the only one thinking about this, Like because
33:46
Speaker 3: it is stressful, it's the biggest investment you'll make in
33:49
Speaker 3: your entire life, arguably fixorly, I'm asking you to spend
33:53
Speaker 3: six hundred and fifty thousand dollars that shouldn't be easy.
33:56
Speaker 2: No, no, absolutely, everyone go see it broker, Like even
34:00
Speaker 2: if you don't know, Like as I said, like we
34:02
Speaker 2: didn't know, we would be that close to being ready,
34:04
Speaker 2: like have the conversation. Like they're more and happy to
34:07
Speaker 2: run numbers and just talk you through it. So it's
34:09
Speaker 2: just yeah, they are. Yeah, I can't fault my experience
34:13
Speaker 2: with a broker, and I will just.
34:15
Speaker 3: Get mortgage brokers. We were also born to yap, so like,
34:19
Speaker 3: we don't mind if you go. I don't know if
34:21
Speaker 3: I'm ready to go. Let's jump on a zoom. Let's
34:23
Speaker 3: have a chat. So what was your dog's name again?
34:25
Speaker 3: Oh cool, I want to get him a backyard. Like
34:28
Speaker 3: it's so exciting that you don't have to have the
34:32
Speaker 3: deposit save to chat to a broker. You can just
34:34
Speaker 3: book an appointment, because do you know what, there's something
34:38
Speaker 3: equally special about meeting a client who's not ready, who
34:41
Speaker 3: is Like, oh my god, Victoria, thanks so much for
34:43
Speaker 3: having that conversation. I'm so motivated. I'm going to go,
34:46
Speaker 3: you know, stick another tracker on the fridge and get
34:49
Speaker 3: to that goal. Let me keep you updated, like we
34:51
Speaker 3: want to be on the journey, like you buying your
34:54
Speaker 3: first home is as exciting for us as it is
34:57
Speaker 3: for you.
34:57
Speaker 2: Yes, nothing motivates you more than finding out that exactly
35:00
Speaker 2: what you can actually get, Like it's just.
35:03
Speaker 3: Yes, how exciting money, darist. I just the only way
35:07
Speaker 3: is up for you from here, Like you just have
35:09
Speaker 3: so much to achieve it. I'm just I'm so excited
35:12
Speaker 3: that you're in the position that you were in, and
35:15
Speaker 3: I just I look at it and I go, if
35:16
Speaker 3: you can do it, so many of our community members
35:19
Speaker 3: can do it, And just I'm really really happy for you,
35:22
Speaker 3: and I'm just so proud of the journey you've gone on,
35:24
Speaker 3: so thank you so much for sharing your journey with me,
35:27
Speaker 3: but also with the community because it just benefits them
35:30
Speaker 3: so much to be able to go. You know what,
35:33
Speaker 3: It can't be that complicated.
35:35
Speaker 2: Yes, yes, just set your mind to it and listen
35:38
Speaker 2: to all the podcasts and just go, just go.
35:41
Speaker 3: Just give it a crack, just do it exactly, exactly.
35:45
Speaker 2: Thank you so much, thanks for having me.
35:52
Speaker 4: The advice shared on She's on the Money is generally
35:55
Speaker 4: and does not consider your individual circumstances. She's on the
35:58
Speaker 4: Money exists only for educational purposes and should not be
36:02
Speaker 4: relied upon to make an investment or financial decision. If
36:05
Speaker 4: you do choose to buy a financial product, read the
36:08
Speaker 4: PDS TMD and obtain appropriate financial advice tailored towards your needs.
36:13
Speaker 4: Victoria Divine and Sheese on the Money are authorized representatives
36:17
Speaker 4: of Money Sherper Pty Ltd a BN three two one
36:21
Speaker 4: six four nine two seven seven zero eight AFSL four
36:25
Speaker 4: five one two eight nine