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MONEY DIARIES: Smashing Her Goals in the Seafaring Industry · She's On The Money

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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
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Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
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Speaker 1: we get started on She's on the Money podcast, I
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Speaker 1: would like to acknowledge the traditional custodians of the land
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Speaker 1: of which this podcast is recorded on a wondery country,
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Speaker 1: acknowledging the elders, the ancestors and the next generation coming
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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
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Speaker 1: and the storytelling of you to make a difference for
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Speaker 1: today and lasting impact for tomorrow.
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Speaker 2: Let's get into it.
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Speaker 3: She's on the Money, She's on the Money.
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Speaker 4: Hello, and welcome to She's on the Money, the podcast
1:01
Speaker 4: for millennials who want financial freedom. Welcome back to my
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Speaker 4: favorite episode of the week, money Diaries, where we get
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Speaker 4: to talk with one of our incredible She's on the
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Speaker 4: Money community members all about their journey. Let's jump straight
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Speaker 4: into it because this week I got an email and
1:15
Speaker 4: it sounded like this.
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Speaker 2: Hi V and Team. I'm twenty one and I have
1:19
Speaker 2: visited fifteen.
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Speaker 4: Countries mostly through work, saved sixty five thousand dollars and
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Speaker 4: have just moved states, all thanks to my career in
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Speaker 4: the seafaring industry, my partner who is working towards being
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Speaker 4: a captain, and I am now saving for a house.
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Speaker 4: I've learned so much in this industry and it still
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Speaker 4: has so much more to offer me. I can't wait
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Speaker 4: to share my journey thus far. Money diarist, that's kind
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Speaker 4: of cool. You're twenty one, fifteen countries and you work
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Speaker 4: in seafaring.
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Speaker 5: Yes, thank you for having me.
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Speaker 2: Very fun, very niche. I want to learn more about it.
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Speaker 4: But before that, I want to know what grade would
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Speaker 4: you give your money habits if we asked you to
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Speaker 4: give them a grade from eight through to F.
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Speaker 5: Yeah, so I would give myself a B minus a.
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Speaker 4: B minus all right, I feel like that might not
2:09
Speaker 4: be entirely accurate given what I have learnt thus far
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Speaker 4: in the two seconds we've been on the show.
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Speaker 2: But money, So let's dive straight in.
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Speaker 4: My favorite question, as always is can you just tell
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Speaker 4: us a little bit more about your money story?
2:22
Speaker 5: Yeah? Of course.
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Speaker 1: So.
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Speaker 5: I was always taught from pretty much when I was
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Speaker 5: really young that money is not only necessary for basic needs,
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Speaker 5: but it's also really important to have for stability and
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Speaker 5: peace of mind. So when I was nine years old,
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Speaker 5: my parents went through a divorce, and it was really
2:40
Speaker 5: important for me to understand that we have money to
2:43
Speaker 5: fall back on. My parents had always raised me to
2:47
Speaker 5: be very appreciative and grateful for the opportunities that we
2:49
Speaker 5: had growing up, and that we had money that they'd
2:52
Speaker 5: worked hard for. They always taught me sort of how
2:56
Speaker 5: to manage my money from an early age. So when
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Speaker 5: I I was fourteen, I was paying for my own
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Speaker 5: phone bill.
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Speaker 2: Oh wow.
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Speaker 5: Yeah. When I was sixteen, I bought my first car outright,
3:08
Speaker 5: and I bought all of my lessons as well. And
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Speaker 5: then when I was seventeen, I went on to pay
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Speaker 5: for all my registration and stuff without any of their help.
3:17
Speaker 5: But you know, when I was younger, I kind of thought, oh,
3:20
Speaker 5: they're making me pay for all these things, and my
3:22
Speaker 5: friends don't have to do that. But now that I'm old,
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Speaker 5: I'm really appreciative that they drilled that into me at
3:27
Speaker 5: a young age.
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Speaker 2: And you've just learned a lot through that process.
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Speaker 5: Yeah. So from there, I worked all through high school.
3:35
Speaker 5: I worked full hours during year twelve, which was a lot,
3:39
Speaker 5: and when I graduated it was peak COVID.
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Speaker 2: Oh no, yeah.
3:45
Speaker 5: I went into university and I wasn't really enjoying it
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Speaker 5: that much with you know, no one on a campus
3:51
Speaker 5: or anything. So I decided to go get a fun
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Speaker 5: job and take a gap year, which turned into three
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Speaker 5: gap years. Yeah, I stumbled into the seafaring industry just
4:01
Speaker 5: in hospitality, and I honestly can't look back.
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Speaker 4: So tell me a little bit more about how you
4:08
Speaker 4: stumbled into the seafaring industry to begin with, because that's niche.
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Speaker 4: I don't know anybody who just goes. Oh, I stumbled
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Speaker 4: into a.
4:16
Speaker 2: Ship, So tell me a bit more about how that
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Speaker 2: came to be.
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Speaker 5: I kind of had sat down with my mum and
4:22
Speaker 5: we talked through and I said, I'm not really sure
4:24
Speaker 5: of going to university right now is for me? And
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Speaker 5: she kind of suggested that we had a distant family
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Speaker 5: member who was working on a small luxury cruise liner,
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Speaker 5: and she suggested that I go out and give it
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Speaker 5: a try, and if it's not for me, then it's
4:41
Speaker 5: not for me. So I did, and within two weeks
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Speaker 5: I was on a flight out of my hometown and Yeah,
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Speaker 5: stepping foot into a boat.
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Speaker 2: How cool is that?
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Speaker 4: And you've loved it ever since, so much so that
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Speaker 4: your partner is in the industry, and you don't see
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Speaker 4: yourself leaving any time.
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Speaker 2: That is very very cool.
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Speaker 4: Yeah, Now tell me how a twenty one year old
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Speaker 4: has managed to visit fifteen countries and also save sixty
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Speaker 4: five thousand dollars, because sixty five thousand dollars is a
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Speaker 4: lot of money in this economy, my friend.
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Speaker 5: How so, working on ships has made it really easy.
5:18
Speaker 5: When you're on board, you don't have really any expenses
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Speaker 5: at all. So I didn't pay for any rent, I
5:24
Speaker 5: wasn't paying for food, I wasn't paying for my wine
5:26
Speaker 5: at the end of the day, like everything is pretty
5:29
Speaker 5: much included. They pay for your flights and your hotels,
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Speaker 5: so that cuts out almost everything that anybody has to
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Speaker 5: pay for. So it made it really easy to save.
5:39
Speaker 4: I like the idea of the little wine at the
5:42
Speaker 4: end of the day being included. That's a little perk
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Speaker 4: that I didn't expect of course.
5:48
Speaker 1: Yeah.
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Speaker 5: And then also with that job, it allowed me to travel.
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Speaker 5: We went to many countries like Japan, New Zealand, Indonesia,
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Speaker 5: So working whilst traveling made it yeah again and really
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Speaker 5: cheap and easy to go to all these places.
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Speaker 2: Yeah, how cool? And did you get to travel while
6:05
Speaker 2: you were there, Like obviously, going to different countries, I
6:09
Speaker 2: would be so itchy. I'd be like, I want to
6:11
Speaker 2: get off the ship.
6:12
Speaker 4: I want to look at stuff like did you have
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Speaker 4: time off the ships to explore?
6:16
Speaker 5: Yeah? So I was really fortunate that I was working
6:19
Speaker 5: on an expedition cruise liner. So that means that they're
6:22
Speaker 5: in port or anchor every day and the guests get
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Speaker 5: off and they go enjoy all these experiences. For us, obviously,
6:29
Speaker 5: we don't work twenty four hours in a day. We
6:31
Speaker 5: worked ten hours and then we had these huge breaks
6:33
Speaker 5: where we were able to get off and go ashore
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Speaker 5: and you know, figure it out for ourselves. And yeah,
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Speaker 5: I did some really great things.
6:41
Speaker 2: That is very cool. So now tell me what do
6:44
Speaker 2: you currently do for work and how much money do
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Speaker 2: you earn?
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Speaker 5: Yeah? So I'm currently a casual steward on board an
6:50
Speaker 5: overnight passenger ferry. My wage fluctuates each week, but at
6:56
Speaker 5: the moment, I'm averaging around three thousand, two hundred per
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Speaker 5: fortnight after tax.
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Speaker 2: Oh my gosh.
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Speaker 5: Yeah, and I'm working about four days a week.
7:06
Speaker 2: Oh money win.
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Speaker 4: And is it hard to get to and from from home?
7:09
Speaker 4: Because obviously if you're on a ferry, you'd have to
7:12
Speaker 4: live close to the port of the.
7:14
Speaker 2: Faery and vice versa.
7:15
Speaker 4: Like, how does all of that work if you end
7:18
Speaker 4: up in a different location for the evening. Do they
7:21
Speaker 4: still pay for your hotels and stuff like that?
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Speaker 5: Yeah, so the particular company I work for does pay
7:26
Speaker 5: for fuel. I live around an hour away from the port,
7:31
Speaker 5: so they do compensate for a lot of the fuel.
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Speaker 5: And if I finish at midnight, I had the opportunity
7:37
Speaker 5: to stay at the onshore accommodation as well.
7:39
Speaker 1: Yeah.
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Speaker 4: Cool, So you're also kind of safe as well, which
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Speaker 4: I think is really important, like if you've had a
7:44
Speaker 4: really big shift at work or something like not having
7:47
Speaker 4: to drive that extra hour or I really like that
7:50
Speaker 4: they do that for you. And so you're earning about
7:53
Speaker 4: three thousand dollars each after tax per fortnite. And is
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Speaker 4: that something that you will continue? Like are you currently
8:00
Speaker 4: studying in the industry, Like what's the plan for the future.
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Speaker 5: Yeah, so at the moment, I'm in a first year
8:06
Speaker 5: of Bachelor of Science majoring in marine biology. Currently this
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Speaker 5: industry is working really well because I have the opportunity
8:14
Speaker 5: to study whilst working. So I do see myself doing
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Speaker 5: it for the next couple of years.
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Speaker 2: How exciting. I love this.
8:21
Speaker 4: I need to know now, what are your big money goals?
8:23
Speaker 4: What are you currently working towards? Because you got sixty
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Speaker 4: five grand saved, so you're well on the way.
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Speaker 2: What does that look like?
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Speaker 5: Yeah, so the biggest money goal is for my partner
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Speaker 5: and I to step into the property market. We are
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Speaker 5: looking at purchasing an investment property hopefully next year.
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Speaker 4: With Zella, no doubt. Obviously you're going to come through us.
8:45
Speaker 4: We'll look after you.
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Speaker 5: Of course, I've already let my boyfriend know who are
8:49
Speaker 5: going through.
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Speaker 2: Oh, you're a solid one, I owe you.
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Speaker 5: Yeah, so we kind of came across that decision because
8:57
Speaker 5: we both have the opportunity to live at home still,
9:01
Speaker 5: and we also both work away for long periods of time,
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Speaker 5: so it only made sense for us to look into renvesting.
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Speaker 4: Yeah, that's very cool and a good idea at your
9:12
Speaker 4: age where you still don't know where you're going to
9:14
Speaker 4: be placed. I was saying to you off air before
9:17
Speaker 4: we started recording. In the maritime industry, I've had a
9:20
Speaker 4: fair few friends go through this and they always end
9:24
Speaker 4: up in the most random location. So you kind of
9:26
Speaker 4: can't predict where your family home is going to be,
9:29
Speaker 4: so I feel like we're investing will really work for you.
9:32
Speaker 4: Guys at this point in your lives, do you have
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Speaker 4: any other big money goals or is it just property,
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Speaker 4: property property. At the moment when it comes to chatting
9:39
Speaker 4: about finances.
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Speaker 5: Getting into the property market is the biggest money goal.
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Speaker 5: But obviously my partner and I do have itchy feet.
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Speaker 5: We do want to travel to a lot of places,
9:49
Speaker 5: so saving up a bit of a travel fund as
9:51
Speaker 5: well is yeah.
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Speaker 2: On the books, I love this. Where to next I.
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Speaker 5: Don't know, but still sort of deciding hopefully Southeast as
10:00
Speaker 5: do a couple of months there.
10:01
Speaker 2: A couple of months. Ah, you're living the dream.
10:05
Speaker 4: I feel like I have additional fomo now that I'm
10:08
Speaker 4: a mum. I'm like, also, it must be nice to
10:10
Speaker 4: be able to go and spend a couple of months
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Speaker 4: in a different country that's now no longer an option
10:15
Speaker 4: for me, so a little bit envious. That sounds awesome.
10:18
Speaker 4: I actually have a whole heap more questions for you.
10:20
Speaker 4: But let's go to a really quick break and on
10:22
Speaker 4: the flip side, I want to know more about investment.
10:24
Speaker 4: I want to talk about debt, and we're going to
10:26
Speaker 4: talk about your best and worst mighty habits, which I
10:28
Speaker 4: think there's going to be a few good ones, given
10:30
Speaker 4: you've saved sixty five grand and you're basically still a child.
10:33
Speaker 2: So guys, don't go anywhere.
10:39
Speaker 4: Money diarista. We are back, and I want to know
10:41
Speaker 4: do you invest if not?
10:43
Speaker 2: Why not? If so?
10:44
Speaker 4: In what?
10:45
Speaker 5: I have started dipping my toes into investing. I currently
10:49
Speaker 5: have three thousand dollars in Rays.
10:51
Speaker 2: Ooh, that's exciting.
10:54
Speaker 5: I'm using the roundups feature and also investing fifty dollars weekly.
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Speaker 2: At the moment, what made you pick that platform?
11:02
Speaker 4: And what was I guess the trigger to even download
11:05
Speaker 4: an investing platform to begin with, Like, what was your
11:08
Speaker 4: all right now I'm gonna do it moment?
11:10
Speaker 5: Yeah, So I'd never really considered investing just yet until
11:14
Speaker 5: I'd listened to Shoes on the Money and I had
11:18
Speaker 5: a few friends that were using Rays kind of just
11:20
Speaker 5: to get their head around it. They recommended that as well.
11:24
Speaker 5: So that's why I chose that platform.
11:27
Speaker 4: At what point were You're like, you know what, I'm
11:28
Speaker 4: actually going to start this because I feel like so
11:30
Speaker 4: many of us really struggle with that pulling the trigger moment,
11:34
Speaker 4: like we talk about oh yeah, I'll do that, I'll
11:36
Speaker 4: download the app, and like it can feel like an
11:39
Speaker 4: admin nightmare, even though it's not like you literally download
11:42
Speaker 4: the app. I feel like we all put it off,
11:44
Speaker 4: So what made you download it?
11:46
Speaker 5: I was talking about it with one of my friends
11:48
Speaker 5: and he kind of mentioned about how he's just started
11:52
Speaker 5: doing it, and that was like.
11:53
Speaker 2: I'm missing Outoo. I like it.
11:56
Speaker 4: Yeah, absolutely, Pea pressure works for a lot of things,
11:59
Speaker 4: and I'm honest not mad if it works to get
12:01
Speaker 4: people investing, Like, I'm happy to be that little bit
12:04
Speaker 4: of a bully if it means that you're in a
12:06
Speaker 4: better financial position.
12:07
Speaker 2: So I really like your friend. What a legend.
12:09
Speaker 5: Yeah, and I also have eighteen thousand in my super.
12:13
Speaker 4: Oh very cool. Eighteen grand at twenty one is looking
12:17
Speaker 4: very very nice. Is there anything about your super that
12:20
Speaker 4: you're like, I want to contribute more or are you
12:22
Speaker 4: just watching it tick over?
12:24
Speaker 2: Like do you have a super plan?
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Speaker 5: Yeah, I'm hoping that once I become a permanent, full
12:29
Speaker 5: time employee that I can start salary sacrificing. For now,
12:33
Speaker 5: it's just not really viable. I also have a goal
12:37
Speaker 5: to look into my superannuation because I haven't really looked
12:40
Speaker 5: into how it's going. I just sort of checked the
12:43
Speaker 5: balance and that was it.
12:44
Speaker 2: I like that.
12:44
Speaker 4: I feel like that is a very good plan and
12:46
Speaker 4: it's super easy to do. So smash that one out,
12:50
Speaker 4: my friend.
12:50
Speaker 2: I want to know.
12:51
Speaker 4: I feel like the answer is no. But do you
12:53
Speaker 4: have any debts? If so, what are they? If not,
12:55
Speaker 4: have you ever been in debt? And how do you
12:57
Speaker 4: feel about it?
12:58
Speaker 5: I do have two two thousand dollars in my hex
13:01
Speaker 5: at the moment, which is going to grow as I
13:04
Speaker 5: finish my degree, but apart from that, I've never been
13:07
Speaker 5: in any other debt.
13:08
Speaker 2: That's very cool.
13:09
Speaker 4: Now two thousand dollars on hex is looking pretty good.
13:13
Speaker 4: But as someone with a hex step, that's only going
13:16
Speaker 4: to increase over time, how does that make you feel?
13:18
Speaker 4: Have you got a hex plan or are you just
13:20
Speaker 4: looking at it going nope? That's absolutely fine by me, Like,
13:23
Speaker 4: what are your thoughts?
13:24
Speaker 5: Yeah, it is a little uncomfortable to know that it
13:26
Speaker 5: is going to go up a little bit. I haven't
13:28
Speaker 5: really thought too much about it as of yet. I
13:31
Speaker 5: always had the idea that I was just going to
13:33
Speaker 5: let it tick along. But now the indexation being a
13:36
Speaker 5: little bit bigger than I had anticipated. I might have
13:39
Speaker 5: to look into doing some contributions towards that, but I
13:43
Speaker 5: haven't really gained enough information to sort of make a
13:46
Speaker 5: decision yet.
13:47
Speaker 4: I feel like one of the best things you can do,
13:49
Speaker 4: given your mix of circumstances, so your HEX is going
13:53
Speaker 4: to increase, but you also are planning on buying property
13:56
Speaker 4: and you have a nice amount of savings, one of
13:59
Speaker 4: the best things that you can potentially do is talk
14:01
Speaker 4: to a mortgage broker. And the reason I say that
14:04
Speaker 4: is so that you can understand how your HEX is
14:06
Speaker 4: going to impact on your ability to get a loan. Now,
14:09
Speaker 4: it won't stop you from getting alone. I think that's
14:11
Speaker 4: a massive misconception where people are like, oh, I have
14:14
Speaker 4: got this HEX debt. I need to smash it all
14:16
Speaker 4: down before I get a loan. The way that bank
14:18
Speaker 4: seat is it's a HEX loan. Actually that's alone. That
14:21
Speaker 4: one obviously, if you aren't earning an income, you don't
14:24
Speaker 4: have to pay back, which is very attractive, let's be honest.
14:27
Speaker 4: But two, it tells them that you're usually more qualified
14:32
Speaker 4: and you're going to earn more income in the future,
14:34
Speaker 4: so they look at it and go, yeah, it's not
14:35
Speaker 4: like having a car loan, it's not like having personal debt.
14:38
Speaker 4: But definitely have a chat to a broker because they
14:41
Speaker 4: could say, look, don't worry about it money diarist, it's
14:44
Speaker 4: an absolute non issue. Or in certain circumstances at Zella
14:47
Speaker 4: have meant that we've said to client's look, we know
14:49
Speaker 4: you've got X amount on HEX, you've also got this
14:52
Speaker 4: amount in savings. If you just paid off that HEX,
14:55
Speaker 4: your servicing would increase by another thirty thousand dollars and
14:58
Speaker 4: you want that and they go, oh, that would be fantastic.
15:01
Speaker 4: So two thousand dollars probably not going to do the
15:03
Speaker 4: most at this point. But I'm assuming, given you're planning
15:06
Speaker 4: on purchasing with your partner, your partner might also have
15:08
Speaker 4: a HEX, and it's good to just understand the process
15:11
Speaker 4: before you dive headfirst in. And I think a lot
15:13
Speaker 4: of people don't realize they can have that conversation a
15:16
Speaker 4: year before you buy, just so you go, nope, we've
15:19
Speaker 4: got our head screwed on. We know what this means,
15:21
Speaker 4: we know what interest rates are probably going to hit us,
15:23
Speaker 4: we know what our situation looks like, and we even
15:26
Speaker 4: know what type of deposit we need because we know
15:29
Speaker 4: what we can access when it comes to grants and schemes.
15:31
Speaker 4: So you know, side note there, just trying to give
15:34
Speaker 4: advice without giving advice, chat to someone so that you're
15:37
Speaker 4: in the best possible position, so that none of it
15:39
Speaker 4: has to be stressful.
15:42
Speaker 2: Money darist.
15:43
Speaker 4: I'll stop on my rant because I want to go
15:45
Speaker 4: back to you. Tell me feel like you're going to
15:48
Speaker 4: have some good money habits to share with us.
15:50
Speaker 2: What have you got? What's your best money habit?
15:53
Speaker 5: So my best money habit would be that I'm very
15:56
Speaker 5: good at living within my means. For example, I currently
16:00
Speaker 5: share a two thousand and two car with my boyfriend.
16:03
Speaker 5: We're not very interested in buying anything new or shiny.
16:06
Speaker 5: If it'll do, it'll do. I'm also very good at,
16:09
Speaker 5: like not falling into micro trends and purchasing something just
16:13
Speaker 5: because it's cool at the time. I think that that's
16:17
Speaker 5: yeah become a real big issue lately.
16:19
Speaker 2: Micro trends is a good one.
16:21
Speaker 4: I hadn't really heard it framed that way before, but
16:25
Speaker 4: I totally am buying into this micro trend thing. I'm
16:29
Speaker 4: assuming when you say micro trends, you're talking about like
16:32
Speaker 4: consumer items like the Stanley cup or a particular lipstick.
16:37
Speaker 2: Is that what you mean by micro trends?
16:39
Speaker 5: Yeah, like the Stanley cup, or like buying the new
16:41
Speaker 5: Sumbers when you know you've already got perfectly good shoes
16:44
Speaker 5: at home.
16:45
Speaker 2: Yes, I love this concept.
16:48
Speaker 4: I'm going to steal this concept from you and make
16:50
Speaker 4: it an entire podcast because I feel like micro trends
16:53
Speaker 4: could be ruining our financial lives probably. So what other
16:59
Speaker 4: good money habits have you got?
17:01
Speaker 5: I've just become really good at saving where I need to.
17:04
Speaker 5: I won't purchase something that's expensive without really good thought
17:08
Speaker 5: about it. I've learned not to be really impulsive, So
17:11
Speaker 5: I'll let it sit in my shopping cart for a week,
17:13
Speaker 5: and if I really want it, I will get it.
17:15
Speaker 2: Yeah. I love that.
17:16
Speaker 4: I feel like putting at least twenty four hours between
17:19
Speaker 4: you and your spending leads to better financial decisions. But
17:22
Speaker 4: if you can leave it a week, like, I feel
17:24
Speaker 4: like that's even better. But my friend, I have itchy
17:27
Speaker 4: feet and I'm impulsive, So I'm just gonna stick with
17:30
Speaker 4: my twenty four hours because I feel like that's reasonable.
17:32
Speaker 4: But if you can leave it a week sligh, do
17:35
Speaker 4: you have any bad money habits, like what do you
17:37
Speaker 4: think is your worst?
17:38
Speaker 5: I do? And you're really not gonna like me for this?
17:41
Speaker 2: Not a thing.
17:42
Speaker 4: I love everybody, regardless of their decisions.
17:46
Speaker 5: I have got absolutely no structure or budget towards managing
17:50
Speaker 5: my money.
17:51
Speaker 2: How do you save sixty five grand and not budget
17:54
Speaker 2: at all? I feel like you're better at it than me.
17:56
Speaker 5: Then I don't know. I just sort of get paid
17:59
Speaker 5: and then I take out what I need when I
18:02
Speaker 5: need it, Like I don't transfer four hundred dollars a
18:05
Speaker 5: week for this. If I need to go to the
18:07
Speaker 5: shops for groceries, I'll just transfer what I'm about to pay.
18:10
Speaker 2: Yeah, okay, I feel like that is.
18:14
Speaker 4: Very common for your demographic, because obviously you don't have
18:17
Speaker 4: heaps of overheads like I'm assuming in this situation. You
18:20
Speaker 4: said you were living at home, so there's clearly no
18:22
Speaker 4: rent and there's no real big bills. You don't have
18:25
Speaker 4: a car repayment or anything. So this makes sense for
18:28
Speaker 4: your situation. But I don't mean to bring the mood down.
18:31
Speaker 4: It's not going to serve you well for long because
18:33
Speaker 4: the second you have rent, the second you have big
18:36
Speaker 4: bills to pay, you're going to go, wait, what, where's
18:39
Speaker 4: all my money gone? Like this makes no sense because
18:42
Speaker 4: you've been so used to being able to take from
18:45
Speaker 4: a pot of money that didn't have a lot of expenditure.
18:49
Speaker 5: Yeah. Absolutely, So my twenty twenty four goal is to
18:52
Speaker 5: get my budgeting sorted and start managing what comes in
18:57
Speaker 5: and out. But I'm still sort of yet to get there.
19:00
Speaker 4: That's okay, I'm going to fix you up. I feel
19:02
Speaker 4: like I've been doing this a lot on the show recently.
19:05
Speaker 4: It's not normal for me to do this, but we're
19:07
Speaker 4: going to keep doing it because I like it. I'm
19:08
Speaker 4: going to give you my Money Masterclass, which will do
19:11
Speaker 4: all of the budgeting and cash flow for you. So
19:13
Speaker 4: it's like an epic spreadsheet. I'm biased because I made it,
19:17
Speaker 4: but it literally automates all of it. So you just
19:19
Speaker 4: put in what you're spending, and it will tell you
19:22
Speaker 4: what account it needs to go to and what you've
19:24
Speaker 4: got leftover to allocate towards those holidays you're planning or
19:27
Speaker 4: the home purchase that you're making, and it will ask
19:30
Speaker 4: you about your goals so that we can work towards those.
19:33
Speaker 4: It's all automated, so it'll be really low effort but
19:35
Speaker 4: really high outcome. And I'm assuming that leads into the
19:39
Speaker 4: next question I have for you money. I's at the
19:41
Speaker 4: start you said, I'm a BS. Is it budgeting that
19:45
Speaker 4: would take you to an A plus? If not, what
19:47
Speaker 4: would get you to being an A plus money person.
19:50
Speaker 5: I think the budgeting as well as being more resourceful.
19:55
Speaker 5: I have access to be able to look into lowering
19:59
Speaker 5: my phone bill, or exploring different banks, or exploring my
20:03
Speaker 5: super but I just haven't done that yet. As soon
20:05
Speaker 5: as I get into that and step into the property
20:08
Speaker 5: market and start budgeting just becoming more organized all over,
20:12
Speaker 5: I think it would take me up to an A
20:14
Speaker 5: plus totally.
20:16
Speaker 4: And I need you to be good at budgeting before
20:19
Speaker 4: you get a mortgaged, my friend, like it is going
20:22
Speaker 4: to give you whiplash. A mortgage, it's not terrifying, but
20:26
Speaker 4: having that amount of money leave your account and you go, wait, what,
20:30
Speaker 4: Like this month, I didn't want to save that amount,
20:32
Speaker 4: I wanted to go on a holiday. Like it locks
20:34
Speaker 4: you in in a way that you've probably never been
20:36
Speaker 4: locked in before. And I think that getting on top
20:38
Speaker 4: of your budgeting now, especially twelve months ish before you're
20:41
Speaker 4: making a purchase one you're going to be a broker's
20:45
Speaker 4: dream because you'll be like, oh, no, this is my budget,
20:47
Speaker 4: these are my bank statements.
20:49
Speaker 2: I look perfect on paper.
20:51
Speaker 4: But also just putting yourself in a position where you're like, no,
20:54
Speaker 4: I'm actually totally in control of this, and I can
20:56
Speaker 4: afford a mortgage or a payment of X, or maintaining
20:58
Speaker 4: my lifestyle and still be able to travel and whatnot.
21:01
Speaker 4: I think just puts you in the best possible position
21:03
Speaker 4: to be successful long term.
21:05
Speaker 5: Wonderful. Thank you.
21:06
Speaker 4: How good is this money Diarist? Unfortunately, I think that's
21:09
Speaker 4: all we have time for today.
21:10
Speaker 2: But I've loved this. This has been so.
21:13
Speaker 4: Fun knowing that you're in an industry that you're really
21:15
Speaker 4: passionate about. But also you're a killer saver and you
21:19
Speaker 4: are absolutely smashing it out of the park. I'm so
21:21
Speaker 4: proud that you're in our community. So thank you so
21:24
Speaker 4: much for sharing your story with us today. I know
21:26
Speaker 4: our community you're going to listen along and maybe be
21:28
Speaker 4: a little bit envious that you've saved.
21:30
Speaker 2: So much at such a young age.
21:31
Speaker 4: But I think we've also taken some tipbits along the
21:33
Speaker 4: way to put ourselves in a better position.
21:35
Speaker 2: So thank you. We really really appreciate it.
21:37
Speaker 5: Thank you so much for having me. It was great
21:39
Speaker 5: to meet you.
21:41
Speaker 4: Of course, the advice shared on She's on the Money
21:51
Speaker 4: is general in nature and does not consider your individual circumstances.
21:55
Speaker 2: She's on the Money exists purely for.
21:57
Speaker 4: Educational purposes and should not be relied upon to make
22:00
Speaker 4: an investment or financial decision. If you do choose to
22:03
Speaker 4: buy a financial product, read the PDS TMD and obtain
22:07
Speaker 4: appropriate financial.
22:08
Speaker 2: Advice tailored towards your needs.
22:10
Speaker 4: Victoria Divine and She's on the Money are authorized representatives
22:14
Speaker 4: of Money sherper p t y lt D A b
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Speaker 4: N three two one IS six four nine two seven
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Speaker 4: seven zero eight AFSL four five one two eight nine