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The Teen Mum Who Went From Centrelink to a Six-Figure Life · She's On The Money

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  Speaker 1: My name's Atasha Bamblet. I'm a proud First Nations woman
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  Speaker 1: and I'm here to acknowledge country t Glenn Young Ganya
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  Speaker 1: nianar kaka ya Ya bin Ahaka nian our gay in
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  Speaker 1: Mbina yakarum jar Dominyama, Domagahawakaman, damon Imlan Bomber bang Gadabomba
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  Speaker 1: in and now in wakah ghana on yakraum jar Watnadaa. Hello,
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  Speaker 1: beautiful friends, we gather on the lands of the Aboriginal people.
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  Speaker 1: We thank acknowledge and respect the Abiginal people's land that
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  Speaker 1: we're gathering on today. Take pleasure in all the land
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  Speaker 1: and respect all that you see. She's on the Money
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  Speaker 1: podcast acknowledges culture, country, community and connections, bringing you the tools,
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  Speaker 1: knowledge and resources for you to thrive.
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  Speaker 2: She's on the Money.
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  Speaker 3: She's on the Money.
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  Speaker 2: Hello, and welcome to She's on the Money, the podcast
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  Speaker 2: that lets you be pervy about other people's money habits
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  Speaker 2: for educational purposes, of course. Welcome back to another one
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  Speaker 2: of our Money Diaries episodes where I get the absolute
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  Speaker 2: pleasure of sitting down and having a chat with one
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  Speaker 2: of our incredible She's on the Money community members all
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  Speaker 2: about their journey. Now let's jump straight into it, because
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  Speaker 2: this week I got a message and it sounded like this, Dear,
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  Speaker 2: she's on the money. I became a mum at eighteen.
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  Speaker 2: I finished Year twelve, and then four weeks later I
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  Speaker 2: had my baby. Then I went onto university. While working
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  Speaker 2: and raising my girl, money was tight and every dollarcounted
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  Speaker 2: living on sentling. Over the years, I've worked hard to
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  Speaker 2: build a career, buy a home, and create stability for
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  Speaker 2: my family. I'm now focused on growing wealth through budgeting,
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  Speaker 2: hopefully soon investing, and long term planning. My money journey
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  Speaker 2: is about resilience, learning and creating the future. I only
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  Speaker 2: once dreamed of money. Doris, this is very cool.
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  Speaker 4: Thank you.
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  Speaker 2: Sorry having a baby at eighteen while I'm assuming you
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  Speaker 2: felt pregnant in grade twelve.
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  Speaker 5: Yeah, yeah, I was a start of year twelve, so
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  Speaker 5: I think I found out on April Fool's Day. Oh
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  Speaker 5: what a joke, it's the worst April Fools. I did
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  Speaker 5: eight pregnancy tests and yeah, I was pregnant. It was
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  Speaker 5: a real thing.
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  Speaker 2: No, hold on, let's backtrack a little bit. I want
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  Speaker 2: to know before we dive further in, because I've just
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  Speaker 2: got so many questions. What grade would you give your
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  Speaker 2: money habits from A three to F.
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  Speaker 5: I think I'm really on the fence between like a
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  Speaker 5: C plus or a B minus. Yeah, I'm sort of
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  Speaker 5: like doing okay, but I guess there's always room for
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  Speaker 5: growth in I'm only a new community member. I sort
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  Speaker 5: of joined the shoes on the many communities. I listened
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  Speaker 5: to podcasts in January this year.
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  Speaker 2: Sorry, welcome to the fan.
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  Speaker 5: Yeah, so I'm a newb so yeah, still just sort
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  Speaker 5: of getting on track. But I do think looking back
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  Speaker 5: in sort of for your books listening to the podcast today,
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  Speaker 5: I have definitely had some really good habits that have
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  Speaker 5: helped me get to where I am now.
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  Speaker 4: And now it's around kind of refining.
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  Speaker 2: And girl, you've had amazing habits. The fact that you
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  Speaker 2: finished your twelve pregnant and did all of that like
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  Speaker 2: be so for real, Like I know that the option
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  Speaker 2: of dropping out might have seemed really appealing at the time.
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  Speaker 2: And like one of my friends from way back when
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  Speaker 2: I was in grade twelve, she actually fell pregnant, I
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  Speaker 2: would say, about the same time as you did. In
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  Speaker 2: grade twelve. She actually went into labor in our English exam,
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  Speaker 2: and she finished, and she is now the most incredible
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  Speaker 2: teacher and like does like runs rings around things. She
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  Speaker 2: now has like three kids. She's an icon. But I
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  Speaker 2: just think these stories are so beautiful because that sounds
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  Speaker 2: like a really rough start to getting your money story started.
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  Speaker 2: You didn't have time to set yourself up financially, like
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  Speaker 2: there clearly wasn't a lot of planning involved in this
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  Speaker 2: type of stuff. But you've come out on top, like
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  Speaker 2: and you're probably in a better money situation then so
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  Speaker 2: many people, and like that's just inspirational. So I cannot
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  Speaker 2: wait to tear more.
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  Speaker 4: Thank you.
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  Speaker 2: You did eight pregnancy tests and then what had to
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  Speaker 2: melt down?
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  Speaker 5: It was just like shock, I think my partner, who's
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  Speaker 5: now my husband.
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  Speaker 2: But you're still together.
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  Speaker 4: We're still together.
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  Speaker 2: That's so cute. I love love.
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  Speaker 4: We're still together.
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  Speaker 5: Yes, so thirteen years married this year we ended up
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  Speaker 5: getting pregnant. A bit of a shotgun wedding just because
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  Speaker 5: I think it was such a hectic here and looking back,
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  Speaker 5: probably wouldn't do that again. But we got married and
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  Speaker 5: we were like, let's just do this, like we're a
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  Speaker 5: bit crazy, we're in survival mode.
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  Speaker 4: But yeah, I was just pronounced very shocked. I think
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  Speaker 4: I just walked in the.
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  Speaker 5: Room and he was still asleep, and I just stared
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  Speaker 5: at him, and then he woke up and he's like, oh, yeah,
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  Speaker 5: you're pregnant.
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  Speaker 4: I was like, yeah, yeah, I am.
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  Speaker 6: No.
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  Speaker 5: Yes, it was a bit shocking, and it did change
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  Speaker 5: the course of my life forever, you know, going back
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  Speaker 5: before I got pregnant, I was always some one who
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  Speaker 5: worked really hard. I had two jobs in high school.
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  Speaker 5: I'd go from working one sort of hostpow job to
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  Speaker 5: another ostcrow job, but you know, day and night on
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  Speaker 5: the weekends, and always had a really big, you know,
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  Speaker 5: work ethic, and it was really important to me to
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  Speaker 5: work and have money and savings and stability. So then
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  Speaker 5: to suddenly have your whole world flipped upside down did
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  Speaker 5: change things for me. And it did, unfortunately lead to
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  Speaker 5: me not getting any more shifts you know in my
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  Speaker 5: job that was working a very big fast food company
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  Speaker 5: at the time, and yeah, it sort of changed.
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  Speaker 4: It meant that, Yeah, I had to apply for center
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  Speaker 4: Link and had to move schools.
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  Speaker 5: My school kicked me out and had to go and
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  Speaker 5: stop her. Yeah, joined the local tafe to be able
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  Speaker 5: to finish year twelve, So it did shift a lot
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  Speaker 5: of things for me.
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  Speaker 2: Why did your school kick you out? Were they like
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  Speaker 2: a Catholic school?
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  Speaker 5: Yeah, I was at a religious school, and yeah, the
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  Speaker 5: principal called me up and said it wasn't sort of
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  Speaker 5: a good role model for the younger students because I
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  Speaker 5: was pregnant, which yeah, is bizarre in itself, because you know,
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  Speaker 5: if we think about what maybe religious schools teach, you know,
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  Speaker 5: around loving people and oh.
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  Speaker 2: Yeah, no, no, no, it is it's crazy. I also
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  Speaker 2: went to a Catholic high school and my friend was
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  Speaker 2: asked because she didn't get kicked out, which is really good.
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  Speaker 2: And I don't know a lot about the semantics of
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  Speaker 2: that conversation, but I do remember talking to her because
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  Speaker 2: she was asked not to wear the uniform anymore and
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  Speaker 2: that she could come to school, but she had to
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  Speaker 2: be in playing clothes. And like, looking back on that,
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  Speaker 2: it's like she's already having a rough time, like to
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  Speaker 2: then be ostracized and like pointed out even more, Like
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  Speaker 2: what do you like? Sometimes you just look at things
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  Speaker 2: that happened during school and you go, why the hell
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  Speaker 2: did anybody think that that was appropriate? Like would not
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  Speaker 2: the best thing to have been done? Was keep you
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  Speaker 2: in that environment and support you through that and show
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  Speaker 2: everybody that no like, mistakes happen and we are kind. Yeah,
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  Speaker 2: absolutely horrific. I'm so sorry you went through that.
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  Speaker 5: It doesn't make any sense. It's already a hard time.
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  Speaker 5: You're already feeling self conscious, so let's make people more
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  Speaker 5: self conscious.
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  Speaker 2: It doesn't really thousand percent. So you finish your twelve
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  Speaker 2: through tafe an icon, I love this for you. What
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  Speaker 2: was it like giving birth four weeks after finishing year twelve?
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  Speaker 5: It was crazy, Like I think I just set myself
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  Speaker 5: a deadline, had to get three year twelve. So I
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  Speaker 5: did that and then sort of had four weeks to
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  Speaker 5: you never chilling. You're exhausted and you end up having
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  Speaker 5: more appointments and things like that, and you're running around.
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  Speaker 5: So I had my license there. I turned eighteen, sort
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  Speaker 5: of halfway through my pregnancy, so that was nice to
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  Speaker 5: have a bit of freedom.
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  Speaker 4: And yeah, I just kind of was I think, to.
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  Speaker 5: Be honest, I haven't really processed a lot of what
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  Speaker 5: I've gone through until sort of this stage in life.
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  Speaker 4: Like it just sort of knuckled down and had to
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  Speaker 4: get on that. It had to go into mom mode.
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  Speaker 5: Figure it out and my goal was always to make
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  Speaker 5: sure that, you know, my daughter had a stable life
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  Speaker 5: and the best life, she called it. And it didn't
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  Speaker 5: feel like she came from a mum who was a teenager,
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  Speaker 5: because you know, obviously stereotypeople that, you know, can look
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  Speaker 5: perhaps a little bit.
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  Speaker 4: Different to what I wanted to look like. So yeah, then.
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  Speaker 5: Had her and a whole world changed, and as it
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  Speaker 5: does when anyone become a mom. And yeah, it was
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  Speaker 5: obviously you know, the ups and downs and the challenges
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  Speaker 5: and that sort of thing. And maybe, yeah, when she
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  Speaker 5: was about six months old, I decided that I was
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  Speaker 5: going to go to UNI.
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  Speaker 4: So I ended up doing a media intake for UNIE and.
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  Speaker 2: You're in icon. You are in absolute icon. So you
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  Speaker 2: went to UNI? What did you study?
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  Speaker 5: I did a Bachelor of Criminal Justice? Okay, icon, very
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  Speaker 5: niche you know just what I was into at the time,
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  Speaker 5: and you know I still am. But yeah, so when
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  Speaker 5: on and did that and I ended up doing that.
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  Speaker 5: I was a three year degree and I actually got
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  Speaker 5: to do it in two and.
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  Speaker 2: A half years to stop it, of course you did.
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  Speaker 5: And in the middle of that, I also had my
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  Speaker 5: second son two years later as.
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  Speaker 2: Well, so we adore. So what were you when you
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  Speaker 2: had your second son?
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  Speaker 4: Twenty Yeah?
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  Speaker 2: Yeah, okay, So do you have any more kids now
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  Speaker 2: or is it just a two?
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  Speaker 5: No?
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  Speaker 2: Two and done too and done. That is so fair
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  Speaker 2: but also kind of incredible that you got them done
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  Speaker 2: so early, because like, I had my first baby when
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  Speaker 2: I was thirty two, and don't get me wrong, I
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  Speaker 2: don't think anyone ever feels ready, Like even at thirty two,
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  Speaker 2: I'm like, okay, cool, Like I've got the finances sorted,
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  Speaker 2: I've got this, I've got that, and I'm in labor
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  Speaker 2: and I'm like, this is cooked. Why did we do this?
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  Speaker 2: Like I'm so scared, Like I can't imagine what that
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  Speaker 2: would have been like at eighteen. But now you're probably
• 9:16
  Speaker 2: laughing at me because last night I was up between
• 9:19
  Speaker 2: two and four because my baby wouldn't stop crying, and
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  Speaker 2: you were probably sleeping soundly because you get to live
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  Speaker 2: your life having already done the nappies.
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  Speaker 4: Definitely, definitely.
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  Speaker 5: I think you know, we all struggle, you know, with
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  Speaker 5: parenting and motherhood, and you know the challenges. Have been
• 9:35
  Speaker 5: awake in the middle of the night and feeling a
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  Speaker 5: bit lonely and isolated, and I guess I'm learning now
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  Speaker 5: that you know, that is normal for us all to
• 9:41
  Speaker 5: go through that at different stages. And I've had to
• 9:44
  Speaker 5: process a lot of grief around you know, how my
• 9:46
  Speaker 5: life went because back then, all my friends, you know,
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  Speaker 5: we're off going clubbing and going out and going on
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  Speaker 5: holidays and you know, had sort of a lot of
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  Speaker 5: freedom that I didn't have back then, and you know,
• 9:57
  Speaker 5: now perhaps to have a little bit more freedom, but
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  Speaker 5: you know it similar to you a lot of my
• 10:01
  Speaker 5: friends and outside and to slow down and have babies,
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  Speaker 5: and you know, our routines still clash to this day.
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  Speaker 5: So yeah, it's a very different stage of life for
• 10:08
  Speaker 5: me now, but I definitely don't forget the challenges of
• 10:12
  Speaker 5: motherhood and yeah, all those late nights.
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  Speaker 2: No, but it sounds like you took to it like
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  Speaker 2: a duck to water, which is so nice to hear,
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  Speaker 2: Like you just want to know that if that's the journey,
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  Speaker 2: like you can just get it done. Do you feel
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  Speaker 2: like you missed out? Like is that part of you know,
• 10:27
  Speaker 2: you said you're going through some grief and like trying
• 10:30
  Speaker 2: to work through that. Is that because you're like I
• 10:32
  Speaker 2: really missed out on part of my youth or like,
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  Speaker 2: what does that part look like?
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  Speaker 5: Yeah, I think it definitely feels like I missed out
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  Speaker 5: on a lot. And I guess that's sort of, you know,
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  Speaker 5: part of my money story as well, is, you know,
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  Speaker 5: often I got into sort of some bad habits of
• 10:48
  Speaker 5: really comparing myself to other people, and you know, people
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  Speaker 5: would have money to go to trouble or to just
• 10:52
  Speaker 5: go out for dinner or a coffee, and you know,
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  Speaker 5: I guess one of my experiences, you know, I had
• 10:57
  Speaker 5: a really good mother's group. I'm so lucky I ended
• 10:59
  Speaker 5: up an adult mother's group because the young ones just
• 11:02
  Speaker 5: weren't my fit. But I had a really good mother's group,
• 11:05
  Speaker 5: but I was struggling so much financially that you know,
• 11:08
  Speaker 5: sometimes they'd be like, let's just meet at a cafe,
• 11:09
  Speaker 5: and I didn't even have five dollars or four dollars
• 11:12
  Speaker 5: back then for a coffee, and so I just wouldn't go.
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  Speaker 5: And so, yeah, it was really hard because I was
• 11:18
  Speaker 5: always comparing myself to other moms at that time, but
• 11:22
  Speaker 5: also compared to myself to my peers who were all
• 11:24
  Speaker 5: you knowbviously eighteen nineteen twenty live in their best lives
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  Speaker 5: as you should be.
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  Speaker 2: At that age, Yeah, but the comparison is not comparable,
• 11:31
  Speaker 2: and like at the time, you don't know that. Like,
• 11:33
  Speaker 2: but going to mother's group with the adult group, I'm
• 11:35
  Speaker 2: sure that you know personality wise, you might have gone
• 11:37
  Speaker 2: on a lot more, but just the differences in circumstances
• 11:42
  Speaker 2: would have meant that you would have felt really less
• 11:44
  Speaker 2: than you would have felt like, oh, I don't fit
• 11:46
  Speaker 2: in here. And I can always guarantee, like if they
• 11:48
  Speaker 2: knew your situation, they would have been like, money, dress,
• 11:51
  Speaker 2: We've got your coffee, come along, it doesn't matter. But
• 11:54
  Speaker 2: like you're not going to put your hand up and
• 11:55
  Speaker 2: say that like that, that's not how we're feeling in
• 11:58
  Speaker 2: that moment or time. So it's just it's really upsetting.
• 12:02
  Speaker 2: And then your friends going out, you'd be like, well,
• 12:04
  Speaker 2: I can't resonate with anybody, I'm all on my own.
• 12:07
  Speaker 2: Was it very isolating during that time, Yeah, it was.
• 12:10
  Speaker 4: It was very.
• 12:10
  Speaker 5: Isolating, and I think you then sort of start saying
• 12:13
  Speaker 5: no to people for genuine reason, and then the invites
• 12:16
  Speaker 5: sort of dry up and you're still sort of hearing
• 12:19
  Speaker 5: from people. And you know, at the time, I think
• 12:21
  Speaker 5: I became quite upset towards that, But you know, as
• 12:24
  Speaker 5: I get older, you understand that, like you know, people,
• 12:27
  Speaker 5: you know, they sort of you know, put in the
• 12:30
  Speaker 5: effort and then when they feel like it's not being reciprocated,
• 12:32
  Speaker 5: and they sometimes, specially at the age of twenty, you
• 12:35
  Speaker 5: often don't have that empathy of an understanding of like
• 12:37
  Speaker 5: what it would be like to be in a different situation.
• 12:39
  Speaker 2: Yeah, one hundred perve.
• 12:40
  Speaker 4: So I can really see that differently now.
• 12:41
  Speaker 5: But yeah, at the time was really isolating and yeah,
• 12:44
  Speaker 5: just really really challenging.
• 12:45
  Speaker 4: Just stood doing it on my own.
• 12:46
  Speaker 5: But I guess for me, I just made the choice
• 12:49
  Speaker 5: that I was just going to knuckle down, focus on UNI,
• 12:51
  Speaker 5: focus on spending time, you know with my daughter, and
• 12:54
  Speaker 5: then yeah, my son who came along as well.
• 12:57
  Speaker 4: And yeah, just put a lot of energy into that.
• 13:00
  Speaker 5: So yeah, really to set ourselves up, our sort of
• 13:02
  Speaker 5: goal was, you know, to buy a house, as I
• 13:05
  Speaker 5: think most people's goals are, you know, in that nuclear
• 13:07
  Speaker 5: family kind of vibe. But yeah, so that was sort
• 13:10
  Speaker 5: of our long term goal or if you need work hard,
• 13:12
  Speaker 5: hopefully get a house and have some sort of stability.
• 13:14
  Speaker 2: Yeah, and like I look at it and I just
• 13:16
  Speaker 2: go brilliant, like how good you've kind of like set
• 13:18
  Speaker 2: yourselves up in this way, and you've just got so
• 13:21
  Speaker 2: much time, Like you're only thirty. Like the amount of
• 13:24
  Speaker 2: people that haven't even done anything near what you've done
• 13:28
  Speaker 2: at the age of thirty, it's not a comparison, but
• 13:31
  Speaker 2: it's just like you probably don't know how well you're doing.
• 13:34
  Speaker 2: And I want to like hug you and shake you
• 13:36
  Speaker 2: at the same time and be like money doars, like
• 13:38
  Speaker 2: this is actually like the prime time, Like your kids
• 13:41
  Speaker 2: are probably a little bit more independent. I'm assuming they're
• 13:43
  Speaker 2: ten and twelve, is that right.
• 13:45
  Speaker 5: Yeah, ten and twelve and almost thirteen, almost eleven, it's
• 13:48
  Speaker 5: yeah birthdays, November birthdays.
• 13:50
  Speaker 2: Yeah, or you're about to go through it again. But
• 13:54
  Speaker 2: I feel like that's the time where now you can
• 13:57
  Speaker 2: focus on your budgeting and you're building wealth, and there's
• 13:59
  Speaker 2: no day care fees and there's probably a bit more
• 14:01
  Speaker 2: flexibility with school and pickups and drop offs, Like this
• 14:05
  Speaker 2: is the prime I'm just so excited for you and
• 14:08
  Speaker 2: the fact that you already own a home, Like stop
• 14:11
  Speaker 2: it tell me a little bit more about what life
• 14:13
  Speaker 2: looks like today, because we've talked about like the journey,
• 14:15
  Speaker 2: but like what's today you've built your career and you've
• 14:19
  Speaker 2: got a home and you're creating stability. What do you
• 14:22
  Speaker 2: and your partner do for work? And how much money
• 14:23
  Speaker 2: do you win? Yeah?
• 14:24
  Speaker 5: So I work for state government, So I went into
• 14:28
  Speaker 5: sort of yeah, justice related work and currently working as
• 14:31
  Speaker 5: a project officer.
• 14:32
  Speaker 4: Yeah, for state government. I earn around one hundred, one
• 14:35
  Speaker 4: hundred and eleven thousand a year plus super. Yeah.
• 14:39
  Speaker 2: And because you're working for state government, what's your super rate?
• 14:42
  Speaker 5: I think it's just the standard. It's not the same
• 14:45
  Speaker 5: as federal government, which is a bummer, but.
• 14:47
  Speaker 2: Yeah, yeah, I was like, how does that work? Because
• 14:49
  Speaker 2: every state and territory is different.
• 14:50
  Speaker 4: Yeah, so I think what is Victoria on twelfth?
• 14:54
  Speaker 2: Yeah? Twelve percent? Yeah? How good? And what does your
• 14:57
  Speaker 2: partner do?
• 14:58
  Speaker 5: He is a project manager in like the construction space
• 15:02
  Speaker 5: and he earns I think around one hundred and eighty
• 15:05
  Speaker 5: five including super stop it.
• 15:07
  Speaker 2: You guys are so set up for success, Like it
• 15:10
  Speaker 2: might not feel like it at the moment because you've
• 15:12
  Speaker 2: just been like, you know, treading water, but like with
• 15:16
  Speaker 2: a good budget and cash flow plan and starting to
• 15:18
  Speaker 2: learn about investing, like, oh, I could like pick you
• 15:21
  Speaker 2: up and make you really rich. I'm so excited about
• 15:23
  Speaker 2: your situation. Tell me a little bit more, like you've
• 15:27
  Speaker 2: bought the house, and I'll get to that in a
• 15:29
  Speaker 2: hot minute. Like you've built a clearly incredible career. What
• 15:33
  Speaker 2: are your next big money goals? Like what are you
• 15:35
  Speaker 2: two currently working towards.
• 15:37
  Speaker 4: I think that's where the limbo has kind of come
• 15:39
  Speaker 4: for the last few years.
• 15:40
  Speaker 5: And I guess I'm a little bit shy to say,
• 15:42
  Speaker 5: like we've been in our house for almost six years now,
• 15:45
  Speaker 5: and I feel like we've probably just been a bit
• 15:47
  Speaker 5: stagnant for the last six years. Like we had this
• 15:50
  Speaker 5: huge goal and I guess we had really big plans
• 15:52
  Speaker 5: to you know, we got.
• 15:53
  Speaker 4: Pregnant, had babies, had to go to UNI.
• 15:56
  Speaker 5: Want to tuy a house like that was just our
• 15:58
  Speaker 5: like sort of goal, and then we kind of got here,
• 16:01
  Speaker 5: and I think we've just kind of been like, oh,
• 16:03
  Speaker 5: now what, and probably like the last few years have
• 16:06
  Speaker 5: just been so now I'm dealing with I guess the
• 16:09
  Speaker 5: emotional side of how challenging like our twenties and you know,
• 16:12
  Speaker 5: life has been for us up until now, and so
• 16:14
  Speaker 5: of doing some work on that.
• 16:16
  Speaker 4: But then I think at the start of this year
• 16:17
  Speaker 4: we were.
• 16:17
  Speaker 5: Both like we feel a bit directionless, like what's going on?
• 16:21
  Speaker 5: And i'd actually seen your book a few times, like
• 16:23
  Speaker 5: I've done a few holidays, see that at the airport
• 16:25
  Speaker 5: and I was like, oh, I should read that one day.
• 16:27
  Speaker 4: Never did like the clouds that I am, and then
• 16:29
  Speaker 4: found the podcast.
• 16:30
  Speaker 2: But also like I'm not going to lie. I'm so sorry,
• 16:33
  Speaker 2: like I haven't always been good at money and like, yeah,
• 16:36
  Speaker 2: the cover's pretty and I tried really hard, but like
• 16:38
  Speaker 2: that doesn't mean I even would have picked up a
• 16:40
  Speaker 2: money book. I feel like you pick up my book
• 16:42
  Speaker 2: when you're like, Okay, it's not like a oh, that
• 16:45
  Speaker 2: looks like a fantastic read. I think it's like I
• 16:48
  Speaker 2: probably need to get my shit together, all right, I'll
• 16:50
  Speaker 2: pick up this book like I get it. I'm not
• 16:52
  Speaker 2: expecting you to be like, oh my god, I just
• 16:54
  Speaker 2: saw this great book, Ademis. Like that's not how it works.
• 16:57
  Speaker 2: I feel like we finally get to a point where
• 16:59
  Speaker 2: we're like, maybe I need to learn a little bit
• 17:01
  Speaker 2: more about money, and then I'm like, hi, it's me.
• 17:03
  Speaker 2: I've been waiting, yeah.
• 17:06
  Speaker 4: And I think that's yeah, that's totally it.
• 17:09
  Speaker 5: I think they've been sort of like desires to probably
• 17:11
  Speaker 5: want to work on like the next stage, because I think, yeah,
• 17:14
  Speaker 5: feeling a bit directionless, Like I do really well with goals.
• 17:17
  Speaker 4: I do really well with a clear sort.
• 17:19
  Speaker 5: Of plan, and then if I don't have a plan
• 17:21
  Speaker 5: or goals, I'm just like, yeah, I'll spend as much
• 17:23
  Speaker 5: money on whatever I want, or sure, let's book these
• 17:25
  Speaker 5: holidays and who cares, you know about savings and that
• 17:28
  Speaker 5: sort of thing. So yeah, I guess sort of January
• 17:31
  Speaker 5: this year was sort of like a daughter started high
• 17:33
  Speaker 5: school and it was like, wow, we like we got
• 17:36
  Speaker 5: to where we wanted to be. But also I think
• 17:39
  Speaker 5: I had an idea that things would just sort of
• 17:42
  Speaker 5: fall into place a bit more.
• 17:44
  Speaker 4: You know, my parents were really good with money growing up.
• 17:46
  Speaker 5: I didn't come from a family that struggled or anything.
• 17:49
  Speaker 4: My husband definitely did.
• 17:50
  Speaker 5: And I think our money stories have definitely clashed in
• 17:53
  Speaker 5: some ways at times. Yeah, it's been challenging sometimes just
• 17:56
  Speaker 5: to sort of be on the same page around money.
• 17:58
  Speaker 5: And so I think this year has been like, let's
• 18:01
  Speaker 5: get on the same page. I have ADHD and so
• 18:04
  Speaker 5: I get Halper fixated. So like this is my harp
• 18:06
  Speaker 5: A fixation of the year is She's on the Money podcast,
• 18:10
  Speaker 5: reading all your books, doing the audio books, Like, yeah,
• 18:13
  Speaker 5: I'm crazy.
• 18:14
  Speaker 2: No you're not, because like my hyperfixation was creating she's
• 18:16
  Speaker 2: on the money. So Hi.
• 18:19
  Speaker 5: At one point I was like, oh, I should just
• 18:20
  Speaker 5: retrain and like get into finance, but like, you know,
• 18:23
  Speaker 5: we need to settle down.
• 18:24
  Speaker 4: So yeah, at the moment, it's just kind of trying
• 18:26
  Speaker 4: to I guess, sort of figure.
• 18:28
  Speaker 5: Out where to from here. And probably this year it's
• 18:31
  Speaker 5: been like maybe looking at investing. I have not started yet,
• 18:34
  Speaker 5: but that's probably my next goal or our next goal
• 18:38
  Speaker 5: is to start to sort of yet I guess create
• 18:39
  Speaker 5: that sort of longer term Well then you know, see
• 18:42
  Speaker 5: where we can put our money that it's actually going
• 18:44
  Speaker 5: to be doing something instead of just sitting you know,
• 18:47
  Speaker 5: in a bank account or just spending it just because
• 18:49
  Speaker 5: it's there.
• 18:50
  Speaker 2: Yeah, and that totally feels like where a lot of
• 18:53
  Speaker 2: our community are sitting. And I love your thought pattern.
• 18:56
  Speaker 2: You're like, oh my gosh, yeah, like let's hopefully soon
• 18:59
  Speaker 2: invest make those plans. But like what I would encourage
• 19:02
  Speaker 2: you to do is really zoom out and go okay, cool,
• 19:05
  Speaker 2: Like I'm assuming your partner is probably the same age
• 19:07
  Speaker 2: as you. We're thirty, what are we doing and what
• 19:11
  Speaker 2: do we want life to feel like? So like instead
• 19:13
  Speaker 2: of talking about like the strategies that can come later,
• 19:16
  Speaker 2: I can teach you the strategies, like I know all
• 19:18
  Speaker 2: of those, but I can't tell you what you want.
• 19:20
  Speaker 2: So you need to sit down and go okay, cool,
• 19:22
  Speaker 2: Like we're going to have kids. Let's like do a
• 19:25
  Speaker 2: timeline of like, well, when are the kids going to
• 19:27
  Speaker 2: be both over the age of eighteen? What kind of
• 19:29
  Speaker 2: lifestyle do we want to have at that point? Like,
• 19:32
  Speaker 2: you know, are we planning on working in these full
• 19:35
  Speaker 2: time jobs forever? Like I want you to question everything,
• 19:37
  Speaker 2: like does your husband still want to be in project management?
• 19:40
  Speaker 2: Like is he loving it?
• 19:41
  Speaker 6: Is he not?
• 19:41
  Speaker 2: Like Let's have these deep conversations that do make you
• 19:44
  Speaker 2: question what's going on in life, Like do you like
• 19:47
  Speaker 2: working for state government? You might be like, yes, Queen,
• 19:49
  Speaker 2: I love it. Okay, great, tick off, Next talk about
• 19:51
  Speaker 2: something else. But what does even retirement look like? Because
• 19:56
  Speaker 2: you've just spent so long basically on the treadmill of life. Kids, kids, kids,
• 20:02
  Speaker 2: that's all you've been thinking about. But the next twenty
• 20:05
  Speaker 2: years you can create significant wealth, But the world is
• 20:08
  Speaker 2: going to look really different. You're not going to have
• 20:10
  Speaker 2: those commitments of getting kids to and from sport, getting
• 20:14
  Speaker 2: kids to and from school, all of that, Like, what
• 20:16
  Speaker 2: are we doing with our free time? What do we
• 20:18
  Speaker 2: want that to look like? And I find that with
• 20:21
  Speaker 2: clients that I've had historically that have had kids really young,
• 20:25
  Speaker 2: they can sometimes once they get their kids to the
• 20:27
  Speaker 2: age of eighteen, they're like, oh my god, I've just
• 20:29
  Speaker 2: gotten off the treadmill of like getting them through life successfully.
• 20:33
  Speaker 2: What do we do now? We're kind of bored, like
• 20:36
  Speaker 2: cold on, Like my entire life was my kids, and
• 20:40
  Speaker 2: now what I'm just hanging out at home with my
• 20:43
  Speaker 2: husband while my kids are out at the clubs like
• 20:45
  Speaker 2: and I think that that's where we need to be
• 20:47
  Speaker 2: thinking about, Well, what does life look like?
• 20:50
  Speaker 1: Like?
• 20:50
  Speaker 2: What does travel look like? I know you said before
• 20:52
  Speaker 2: we booked some holidays, and I love that, Okay, but
• 20:54
  Speaker 2: like what other places do we want to go? And
• 20:56
  Speaker 2: at what kind of age range? You're like, all right,
• 20:58
  Speaker 2: so we want to do Europe, But maybe we want
• 21:00
  Speaker 2: to do Europe when the kids are a bit older
• 21:02
  Speaker 2: and appreciate it more. Or maybe we don't want to
• 21:04
  Speaker 2: do Europe at all, Maybe we want to just go
• 21:06
  Speaker 2: to beach holidays or do you know what I mean, Like,
• 21:08
  Speaker 2: let's zoom out and go what would life look like
• 21:11
  Speaker 2: for us to be at our happiest Because I look
• 21:14
  Speaker 2: at your income and I'm like, great, You've got like
• 21:15
  Speaker 2: about three hundred thousand dollars between the two of you.
• 21:18
  Speaker 2: Life balance is going to look good. But also wealth
• 21:22
  Speaker 2: creation is coming, like you have so long and I'm
• 21:25
  Speaker 2: so excited about it for you. But like I think
• 21:27
  Speaker 2: that right now you might be drilling down into the
• 21:30
  Speaker 2: how to create that life without knowing what the life
• 21:32
  Speaker 2: is looking like.
• 21:33
  Speaker 5: Yeah, yeah, And I think that's definitely probably one thing
• 21:36
  Speaker 5: that I've always done is I kind of just grow
• 21:38
  Speaker 5: straight too.
• 21:39
  Speaker 2: I do it too. I just jumped straight ahead, and
• 21:40
  Speaker 2: I'm like, right, well, investing is the answer. But like
• 21:43
  Speaker 2: for a long time I was investing without a real
• 21:45
  Speaker 2: clean strategy of like where I wanted that to go.
• 21:49
  Speaker 2: I knew I wanted more money because money buys freedom
• 21:51
  Speaker 2: and freedom is good and that feels great. But like
• 21:54
  Speaker 2: now my husband and I'm like, okay, cool. So these
• 21:56
  Speaker 2: are some like you know, micro goals of travel, like
• 21:59
  Speaker 2: over the next years. And here's some like you know,
• 22:01
  Speaker 2: family goals and things that we want to do, because
• 22:03
  Speaker 2: like we're still in family building mode and like talking
• 22:06
  Speaker 2: about babies and all of that, but then what does
• 22:09
  Speaker 2: do you want to upgrade cars? At some point? Like
• 22:11
  Speaker 2: are we going to put those as goals or are
• 22:13
  Speaker 2: you're like, oh, we couldn't give two rats Victoria that
• 22:16
  Speaker 2: that doesn't matter. So I think going into this in
• 22:19
  Speaker 2: financial planning, the process is kind of like if you
• 22:23
  Speaker 2: came to see an advisor, you would do a fact
• 22:25
  Speaker 2: find process, so I'd collect all of your boring data,
• 22:28
  Speaker 2: name age, whatever your incomes. Then you do discovery. So
• 22:32
  Speaker 2: we're not jumping into solutions. Were just like, what do
• 22:34
  Speaker 2: you want? How do you want it? How do we
• 22:36
  Speaker 2: create this life? Because the life you want could be
• 22:40
  Speaker 2: yachting around Italy on a yacht for all of the
• 22:44
  Speaker 2: rest of your retirement, or you could be like, yeah,
• 22:46
  Speaker 2: I just want to stay home and hopefully my kids
• 22:48
  Speaker 2: one day have grandkids and that's the life I want
• 22:50
  Speaker 2: to live. We can create both of those, but they
• 22:53
  Speaker 2: require different strategies of building wealth, and so I think
• 22:56
  Speaker 2: we need to go back to the base. And when
• 22:58
  Speaker 2: you said I have ADHD and I was like, great,
• 23:00
  Speaker 2: you're a queen who likes to jump ahead.
• 23:02
  Speaker 5: Same, Yeah, slowing down is like, yeah, definitely a skill.
• 23:05
  Speaker 2: I need to work on exactly. And you can be
• 23:07
  Speaker 2: a little bit aspirational, like organize a date with your
• 23:10
  Speaker 2: husband and be like, what do you want to do
• 23:11
  Speaker 2: when we're like sixty, because like, I don't know about you,
• 23:14
  Speaker 2: but like I adore my husband and I hope that
• 23:17
  Speaker 2: that feeling is still there when I'm sixty. How do
• 23:19
  Speaker 2: I maintain that? Like what do we need to do
• 23:21
  Speaker 2: in our relationship to make sure that we are still
• 23:24
  Speaker 2: as in love at that point because it is going
• 23:26
  Speaker 2: to take work, it doesn't just happen.
• 23:28
  Speaker 4: Yeah, absolutely, absolutely, So yeah, I.
• 23:31
  Speaker 5: Think for us still figuring that long term stuff out,
• 23:34
  Speaker 5: we're definitely working on a bit more short term things,
• 23:37
  Speaker 5: just like trying to enjoy life a bit more because
• 23:39
  Speaker 5: I think for a long time life wasn't enjoyable. You know,
• 23:42
  Speaker 5: building up hobbies again, and you know, building up the
• 23:44
  Speaker 5: things that we like to do, which obviously you know,
• 23:47
  Speaker 5: takes some money.
• 23:48
  Speaker 4: We're both into road cycling. Sorry that it's a.
• 23:50
  Speaker 5: Bit of an expensive hobby, so you know, yeah, putting
• 23:53
  Speaker 5: money into that and making sure that we're sort of
• 23:55
  Speaker 5: enjoying life while we're going because I think that it's
• 23:58
  Speaker 5: so easy to get stuck in down scarcity mindset of like, oh,
• 24:01
  Speaker 5: we don't have enough, or I shouldn't spend money on
• 24:04
  Speaker 5: this because we did come from such struggle, and sometimes
• 24:07
  Speaker 5: they can be a bit of guilt associated with that.
• 24:09
  Speaker 5: But then, yeah, just trying to get that balance of
• 24:12
  Speaker 5: doing things that we enjoy now but also creating I
• 24:16
  Speaker 5: guess some money habits that mean that we continue to
• 24:19
  Speaker 5: be stable and you know, a good support for our
• 24:22
  Speaker 5: kids as well in the future, because it's.
• 24:23
  Speaker 4: Only getting harder to buy a house.
• 24:25
  Speaker 5: So yeah, been out about how the kids, you know,
• 24:28
  Speaker 5: buy a house and things like that, or even just
• 24:29
  Speaker 5: stay at home longer would be amazing as well.
• 24:32
  Speaker 2: No, it's so true. All right, let's go to a
• 24:34
  Speaker 2: really quick break because on the flip side, I want
• 24:36
  Speaker 2: to talk about like the investments that I already know
• 24:38
  Speaker 2: you've been researching. We haven't dove in yet, but I
• 24:41
  Speaker 2: know we're going to get there. I want to know
• 24:43
  Speaker 2: more about this house, any debts, and then we're going
• 24:45
  Speaker 2: to talk about best and worst money habits, So guys,
• 24:47
  Speaker 2: don't go anywhere money dives. We are back and I
• 24:53
  Speaker 2: have been loving this chat, and I feel like there's
• 24:55
  Speaker 2: just so much potential in your money story now that
• 24:58
  Speaker 2: you've said, oh, look I do you'd find the podcast
• 25:00
  Speaker 2: in January and I'm going to like start doing this,
• 25:03
  Speaker 2: this and this. But I'm touching on or you're touching
• 25:06
  Speaker 2: on a few like themes that I'm like, oh my god, no,
• 25:09
  Speaker 2: what do you mean you feel guilty? Or what do
• 25:10
  Speaker 2: you mean you feel bad? Like we're just starting here,
• 25:13
  Speaker 2: Like there's no guilt when it comes to money, there's no.
• 25:17
  Speaker 2: I don't know. I feel like so many times we
• 25:18
  Speaker 2: crucify ourselves because you go, oh, that was a bad
• 25:21
  Speaker 2: money decision, Like, yes, do you know what is a
• 25:24
  Speaker 2: bad money decision? When I got into forty thousand dollars
• 25:26
  Speaker 2: worth of personal debt if you framed it that way, sorry,
• 25:30
  Speaker 2: But if I hadn't gotten into forty thousand dollars worth
• 25:32
  Speaker 2: of terrible personal debt, where would she's on the money
• 25:35
  Speaker 2: have come from. So I think that sometimes you have
• 25:38
  Speaker 2: to go through your struggles and come out the other
• 25:41
  Speaker 2: side to not only appreciate life and the things that
• 25:43
  Speaker 2: you've created for yourself, but like, sorry, they formed you
• 25:46
  Speaker 2: into who you are, Like we're not sorry about that.
• 25:49
  Speaker 2: Like you're clearly an epic human being doing very cool
• 25:52
  Speaker 2: things and supporting a family. Ten out of ten from me, Like,
• 25:56
  Speaker 2: I just I don't think that there should be any
• 25:58
  Speaker 2: guilt there because we all do the best that we
• 26:00
  Speaker 2: can with the tools and the resources that we have
• 26:02
  Speaker 2: at the time. Like, let's go back to baby you
• 26:05
  Speaker 2: you had your second baby at twenty if you could
• 26:08
  Speaker 2: have done better, and I said, hey, here's a strategy.
• 26:10
  Speaker 2: I know she would have grasped that, but she didn't
• 26:13
  Speaker 2: have access to it. So were you doing the best
• 26:16
  Speaker 2: that you could at the time? One thousand percent? But
• 26:19
  Speaker 2: now you look back and you're kind of like, oh,
• 26:21
  Speaker 2: well that wasn't very good. Sorry, our baby money diarist.
• 26:24
  Speaker 2: She was doing the best she could. We're not mean
• 26:26
  Speaker 2: to her, We're nice to her, all.
• 26:27
  Speaker 5: Right, Absolutely, yes, I know, And I am trying to
• 26:30
  Speaker 5: get better at being kind to myself. And yeah, that
• 26:33
  Speaker 5: Liney just said, you know, he sort of did the
• 26:34
  Speaker 5: best of what I had at the time. It is
• 26:36
  Speaker 5: definitely the theme of this year looking back on my life,
• 26:39
  Speaker 5: and yeah, sometimes I think I need to be kinder
• 26:41
  Speaker 5: to myself.
• 26:42
  Speaker 4: So thank you.
• 26:43
  Speaker 2: I think you need to too. And if you aren't
• 26:45
  Speaker 2: going to be kind of just call me up and
• 26:47
  Speaker 2: I'll aggressively be nice. Thank you money, darrist. Let's talk
• 26:52
  Speaker 2: about investments for a hot second. You've said before or
• 26:55
  Speaker 2: in your diary in you said hopefully soon we're going
• 26:57
  Speaker 2: to start investing. What does that journey like? Is that
• 27:00
  Speaker 2: something where you're just starting a conversation? Are you starting
• 27:03
  Speaker 2: the research? How is that going for you?
• 27:06
  Speaker 4: It's very early days.
• 27:08
  Speaker 5: It definitely overwhelms me, which I'm from a lot of
• 27:11
  Speaker 5: Shares on the Money, reading and things like that and
• 27:13
  Speaker 5: just yeah, things online, Like I can tell it overwhelms
• 27:16
  Speaker 5: a lot of people, and you know a lot of
• 27:18
  Speaker 5: the obviously advice is sort of you know, just getting
• 27:21
  Speaker 5: in there is actually the first sort of hurdle.
• 27:23
  Speaker 4: But yeah, no, very early days.
• 27:24
  Speaker 5: I haven't I think I downloaded Chairsyas, but I just
• 27:27
  Speaker 5: haven't even done anything yet.
• 27:29
  Speaker 2: Oh look that's six million times further ahead than heaps
• 27:32
  Speaker 2: of people.
• 27:33
  Speaker 5: But yeah, I think it's just like, you know, I
• 27:36
  Speaker 5: have sort of always, you know, a little bit of
• 27:38
  Speaker 5: money left over each month, and I'm like, oh, you know,
• 27:40
  Speaker 5: maybe that would be a good idea just to start
• 27:42
  Speaker 5: sort of putting, just to kind of get my toes
• 27:44
  Speaker 5: in the water and see how it sort of works.
• 27:45
  Speaker 5: Because I'm not familiar with shares or anything like that,
• 27:50
  Speaker 5: Like it's very new to me. It probably makes me
• 27:52
  Speaker 5: a little bit overwhelmed sometimes thinking.
• 27:55
  Speaker 2: About it one hundred percent. And that's where we all start.
• 27:58
  Speaker 2: When I first started looking at shares before I was
• 28:01
  Speaker 2: even in financial advice, what the hell, what do you mean?
• 28:05
  Speaker 2: And there's just so many different words and terminology and
• 28:08
  Speaker 2: like the way things work, and what do you mean
• 28:10
  Speaker 2: there's going to be a distribution of dividends? Okay, well
• 28:13
  Speaker 2: when does that happen? Like I knew nothing, and that
• 28:16
  Speaker 2: can be overwhelming, And that's just where you're starting. But
• 28:18
  Speaker 2: I promise the more you dip your toes in, the better.
• 28:22
  Speaker 2: And it's not I don't know. A lot of people go, oh,
• 28:25
  Speaker 2: I downloaded chairs is but I'm scared to make my
• 28:28
  Speaker 2: first investment. I've got like a thousand dollars sitting to
• 28:30
  Speaker 2: the side, and you're like, stop, start with a dollar,
• 28:33
  Speaker 2: Like start with something that you're like, okay, well, this
• 28:35
  Speaker 2: is the cost of a cup of coffee. You know,
• 28:37
  Speaker 2: if I dropped my coffee, it wouldn't be the end
• 28:39
  Speaker 2: of the world. But it can give you that financial
• 28:41
  Speaker 2: literacy because I think so much of the time we
• 28:44
  Speaker 2: especially as women, especially as women with ADHD, how many
• 28:48
  Speaker 2: times do you over research, over analyze, overthink, and then go,
• 28:52
  Speaker 2: I'm not ready because you think the further I get
• 28:56
  Speaker 2: into this research, the more I'm learning and the more
• 28:58
  Speaker 2: I'm realizing I don't know or anything. Classic analysis paralysis,
• 29:03
  Speaker 2: classic right. But the reality is ready is a choice.
• 29:06
  Speaker 2: It is not a feeling like you can't just go, oh,
• 29:09
  Speaker 2: you know what, I'm actually a genius now, I do
• 29:12
  Speaker 2: you know? I could run rings around day traders. Let
• 29:15
  Speaker 2: me make my first investment on charess Like that is
• 29:17
  Speaker 2: not how people feel. You kind of have to deep
• 29:20
  Speaker 2: your toes in the water and then watch it and go, oh,
• 29:23
  Speaker 2: how did that work? Oh okay, well that didn't you know,
• 29:25
  Speaker 2: even just seeing the silly little processes that don't feel
• 29:29
  Speaker 2: big but are like, okay, well that's how I put
• 29:31
  Speaker 2: the money into the account, and then that's how I
• 29:33
  Speaker 2: picked a share and oh look that's how quick it
• 29:35
  Speaker 2: ended up in my wallet, and then oh I can
• 29:38
  Speaker 2: see it through the app on a daily basis here
• 29:40
  Speaker 2: or goes up and down. Interesting, Like it's one of
• 29:43
  Speaker 2: those things where ready is a choice. And you can
• 29:47
  Speaker 2: keep learning because like, at the end of the day,
• 29:49
  Speaker 2: let's say you invest ten bucks. What if it's on
• 29:51
  Speaker 2: the worst share of a what happens?
• 29:54
  Speaker 4: Oh?
• 29:55
  Speaker 2: Nothing? Okay, cool? Do you know what I mean? Like,
• 29:57
  Speaker 2: I think, especially as somebody who is I'm the Queen
• 30:00
  Speaker 2: of analysis paralysis. Ask my whole team, like I spend
• 30:03
  Speaker 2: six years making a decision that they already knew what
• 30:06
  Speaker 2: my decision was going to be, like when they pitched
• 30:08
  Speaker 2: the idea. It's actually very frustrating. But I think sometimes
• 30:12
  Speaker 2: you just have to do it and go, oh, yeah, right,
• 30:14
  Speaker 2: well that wasn't the right one, but I can change
• 30:16
  Speaker 2: because we're not talking about putting our life savings in there.
• 30:19
  Speaker 2: Please don't do that. That's scary and I think that's
• 30:21
  Speaker 2: actually terrible idea.
• 30:23
  Speaker 4: Yeah, no, definitely not. No.
• 30:24
  Speaker 5: I think it's just sort of get it to start
• 30:26
  Speaker 5: to develop my education in that space, and yeah, figure
• 30:30
  Speaker 5: it out, so hopefully I will. Yeah, just give it
• 30:33
  Speaker 5: a shot, because.
• 30:34
  Speaker 2: It sounds like you're on the right track though, so
• 30:35
  Speaker 2: that is very special. Talk to me a little bit
• 30:38
  Speaker 2: more about your debt. So you've said that you have
• 30:40
  Speaker 2: a house. Is that the only debt that you have?
• 30:43
  Speaker 4: Yeah, we only have a house.
• 30:45
  Speaker 5: So we have had credit cards in the past and
• 30:48
  Speaker 5: a car loan in the past and all that sort of.
• 30:51
  Speaker 2: Thing, which but you've paid them all off, paid them off.
• 30:54
  Speaker 4: Yes, never want to get a credit card again. It
• 30:57
  Speaker 4: kills me. Yeah, No, We've just got our home.
• 31:00
  Speaker 5: We did refinance last year and we ended up paying
• 31:04
  Speaker 5: out our car loan, like so adding it to our homelands.
• 31:06
  Speaker 5: Our homelan's a bit higher than like what it used
• 31:08
  Speaker 5: to be, but it was a better interest rate and
• 31:10
  Speaker 5: we just sort of thought the one payment.
• 31:12
  Speaker 2: One hundred percent. Nope, I agree, and also like the
• 31:15
  Speaker 2: interest rate on your car and payment would have gone
• 31:17
  Speaker 2: down significantly. Yeah.
• 31:19
  Speaker 4: Yeah, it was a nightmare.
• 31:20
  Speaker 5: And we had bought the car on finance, Like I
• 31:22
  Speaker 5: think it just got to the point where I don't
• 31:25
  Speaker 5: know if I'd do the same thing now.
• 31:26
  Speaker 4: But we had been driving really old, crappy cars.
• 31:28
  Speaker 5: I would always be breaking and I had a little
• 31:31
  Speaker 5: tiny binger with the kids one day and I just
• 31:33
  Speaker 5: was like, no, I want a new, safer car like
• 31:36
  Speaker 5: and so you know, I just didn't really even think
• 31:38
  Speaker 5: about it as when I bought it, and you had
• 31:41
  Speaker 5: to get a car loan because we didn't have the money,
• 31:42
  Speaker 5: but looking back now, like as expensive as it was, like,
• 31:46
  Speaker 5: I'm so glad that we did it. It's reliable. We've
• 31:48
  Speaker 5: had no car troubles ever since. So it's a hard
• 31:52
  Speaker 5: one where you know, I'd get like carlons and debt
• 31:55
  Speaker 5: come sometimes can be not good, but also at the
• 31:56
  Speaker 5: same time, it got us to a better.
• 31:58
  Speaker 2: Place one hundred percent. And like I was doing the
• 32:00
  Speaker 2: maps the other day for a friend of mine who
• 32:02
  Speaker 2: doesn't have the cash to purchase a car, and I
• 32:05
  Speaker 2: was like, actually, I've just looked at all your budget
• 32:07
  Speaker 2: or your finance, Like as much as like a car
• 32:10
  Speaker 2: loan doesn't sound sexy, it's actually the best option for you,
• 32:12
  Speaker 2: like you know, shop around, find the best rate, and
• 32:16
  Speaker 2: organize it. I think that the problem is when we
• 32:18
  Speaker 2: don't think through these decisions, and it's like you just
• 32:22
  Speaker 2: automatically get a car loan because you go, well, that's
• 32:24
  Speaker 2: how things should be, when in reality you maybe didn't
• 32:28
  Speaker 2: need a new car, or you know, it's impacting your
• 32:30
  Speaker 2: ability to generate wealth or put food on the table
• 32:33
  Speaker 2: or live life the way you want to. I think
• 32:35
  Speaker 2: I'm more about questioning every single decision to make sure
• 32:38
  Speaker 2: it's the right one for your situation. But it doesn't
• 32:40
  Speaker 2: mean don't do it. It just means, let's just be really
• 32:43
  Speaker 2: cautious going into these things because I'm sorry, I actually
• 32:47
  Speaker 2: do not live in d lulu Land. I'm quite aware
• 32:49
  Speaker 2: that most people can't afford to outright purchase brand new cars,
• 32:53
  Speaker 2: but I do want them to be questioning why they
• 32:55
  Speaker 2: think they need a new car, because nine times out
• 32:57
  Speaker 2: of ten, it's not a situation like yours, where you're like,
• 33:00
  Speaker 2: I felt unsafe with my children and I was racking
• 33:03
  Speaker 2: up a lot of, you know, different expenses on fixing
• 33:06
  Speaker 2: cars that were just breaking consistently. That's a bit different
• 33:10
  Speaker 2: to like, oh my god, I keep looking at the
• 33:11
  Speaker 2: range Rover and everybody online has one, and I can
• 33:15
  Speaker 2: buy a secondhand one on finite, do you know what
• 33:17
  Speaker 2: I mean. That's a different story.
• 33:18
  Speaker 4: Yeah, And I think for us it got.
• 33:20
  Speaker 5: To the point where we were both dressed driving really
• 33:22
  Speaker 5: old cars, like three thousand dollar cars, and they just
• 33:24
  Speaker 5: kept breaking. And by the time we did all the
• 33:26
  Speaker 5: calculations of how many repairs we've done over a twelve
• 33:29
  Speaker 5: month period, it was similar to the loan repayment, and
• 33:31
  Speaker 5: it was like, all right, I'd rather just pray for
• 33:33
  Speaker 5: the depreciation and the interest. Then yeah, keep repairing a
• 33:36
  Speaker 5: car that's just not getting me to where I need
• 33:38
  Speaker 5: to go. So, yeah, we refinanced last year and yeah,
• 33:41
  Speaker 5: added that onto our home loan. But yeah, it's nice
• 33:43
  Speaker 5: now just having the one payment per month, which is nice.
• 33:46
  Speaker 4: Yeah.
• 33:46
  Speaker 2: So what's your home loan currently sitting at.
• 33:49
  Speaker 5: It's sitting at six hundred and thirty three thousand roughly.
• 33:53
  Speaker 2: And you purchased I believe you said, six years ago.
• 33:57
  Speaker 5: Yeah, six years ago, so we've got it for six
• 34:00
  Speaker 5: ninety six.
• 34:01
  Speaker 4: So it's a little bit higher than we ideally would
• 34:03
  Speaker 4: like it at the moment.
• 34:04
  Speaker 2: That actually doesn't matter at this point, you've got six
• 34:07
  Speaker 2: million years ahead of you because you're still a baby.
• 34:09
  Speaker 2: But yes, carry on you. Yeah.
• 34:11
  Speaker 5: So we brought that in twenty nineteen and it's an
• 34:14
  Speaker 5: awesome home. We've been able to do a few renovations
• 34:17
  Speaker 5: and things like that to it. We paid off our
• 34:19
  Speaker 5: hex that two years.
• 34:21
  Speaker 2: Ago, both of you, both of us. Yeah, oh my god.
• 34:24
  Speaker 2: So I was about to be like, do you have
• 34:25
  Speaker 2: any HEXTX? We always forget to talk about that, but
• 34:28
  Speaker 2: none there.
• 34:29
  Speaker 4: No, that was just through work. I don't know how
• 34:31
  Speaker 4: I did.
• 34:32
  Speaker 5: I did a job for a little while that had
• 34:33
  Speaker 5: some overtime, so I was really lucky that I didn't
• 34:35
  Speaker 5: put extra into it, but just it seemed to bring
• 34:38
  Speaker 5: my HEX down a lot in that sort of eighteen
• 34:41
  Speaker 5: month period that I was doing that job, and I
• 34:43
  Speaker 5: hadn't realized, And so we ended up getting a really.
• 34:47
  Speaker 4: Big tax return because I hadn't realized that i'd paid
• 34:49
  Speaker 4: it off.
• 34:50
  Speaker 2: Because that's a nice position to be in.
• 34:52
  Speaker 5: Yeah, I've only just learned the mic of isn't like
• 34:54
  Speaker 5: a live stat of what your hex is. So yeah,
• 34:59
  Speaker 5: we got a really big time so we're able to
• 35:00
  Speaker 5: do a few things around the house. So we've redone
• 35:02
  Speaker 5: our laundry, we've redone the bathroom for the kids, and
• 35:04
  Speaker 5: we've done the floors. So the house is all sort
• 35:07
  Speaker 5: of where we wanted at the moment.
• 35:09
  Speaker 4: Which is nice.
• 35:09
  Speaker 2: And what do you think the house is worth now?
• 35:11
  Speaker 5: It's worth about nine to eighty when we had a
• 35:14
  Speaker 5: value last year.
• 35:15
  Speaker 2: Oh stop it. So you've got some really nice equity
• 35:18
  Speaker 2: sitting there should you ever decide to like buy an
• 35:21
  Speaker 2: investment property or even have some wiggle room, like oh,
• 35:25
  Speaker 2: that's when you said, oh, it's you know six ninety
• 35:27
  Speaker 2: six purchase price. I think you said six thirty three
• 35:30
  Speaker 2: current loan, Like a lot of people will be like,
• 35:33
  Speaker 2: oh after six years, but she's been sitting on that
• 35:35
  Speaker 2: and made nearly three hundred grand guys, So I think
• 35:37
  Speaker 2: that's a pretty good situation to be and if you're sold.
• 35:40
  Speaker 5: Yeah, it was nice to have the car paid out
• 35:44
  Speaker 5: in Yeah, so look, it is what it is. We
• 35:47
  Speaker 5: also did purchase for one hundred, like almost one hundred percent.
• 35:50
  Speaker 5: We had a guaranteur from my husband's grandfather. He went guaranteur,
• 35:55
  Speaker 5: which was really kind and we're very lucky, I know,
• 35:58
  Speaker 5: how privileged you know we are.
• 35:59
  Speaker 4: We had saved enough money to pay for the stamp duty.
• 36:02
  Speaker 5: That was our sort of deposit money, just paid for
• 36:04
  Speaker 5: the stamp duty at right, So our loan was sort
• 36:06
  Speaker 5: of one hundred percent when we started. So yeah, it
• 36:08
  Speaker 5: was essentially six ninety six and we had that guaranteur
• 36:11
  Speaker 5: off in twelve months.
• 36:13
  Speaker 2: So, oh my god, how good. Yeah.
• 36:15
  Speaker 5: The property prices so we bought on election day in
• 36:18
  Speaker 5: twenty nineteen, and it was just the prices was sort
• 36:21
  Speaker 5: of a bit low and no one wanted.
• 36:22
  Speaker 4: To buy this house. So we're like, cool, we will
• 36:25
  Speaker 4: and twelve months later it had shot up.
• 36:28
  Speaker 2: That's so good, and then you would have got it
• 36:29
  Speaker 2: reevaluated and then you would have been able to release
• 36:32
  Speaker 2: the guaranteur and the bank will like see that is
• 36:35
  Speaker 2: literally my favorite thing ever, right because I own a
• 36:38
  Speaker 2: mortgage breaking business and talk about this all the time,
• 36:40
  Speaker 2: and people are always like, oh my god, Like if
• 36:42
  Speaker 2: I get a guaranteur, I'm impacting them for life. And
• 36:44
  Speaker 2: it does feel like this, and it is a big thing. Like,
• 36:47
  Speaker 2: don't get me wrong, we're putting a caveat over someone
• 36:49
  Speaker 2: else's home. That says if money dires doesn't pay her loan,
• 36:53
  Speaker 2: this person will be chased up for it. So it
• 36:55
  Speaker 2: is a significant commitment in saying that. That doesn't mean
• 37:00
  Speaker 2: that they're going to be on it for the thirty
• 37:02
  Speaker 2: years that you signed for. Like you can literally get
• 37:05
  Speaker 2: out of it within the first twelve months if property
• 37:07
  Speaker 2: prices change or if you know you were able to
• 37:10
  Speaker 2: smash down a bit of the loan and release that.
• 37:12
  Speaker 2: Like for a lot of people, having a guarante or
• 37:15
  Speaker 2: gets them into the market sooner. And like, if you'd
• 37:18
  Speaker 2: had to save your whole house deposit, especially with two kids,
• 37:22
  Speaker 2: I'm pretty sure it would have taken you more than
• 37:24
  Speaker 2: six years. For the average Australian it takes eleven years
• 37:29
  Speaker 2: to save their whole home deposit. That's a twenty percent deposit.
• 37:33
  Speaker 2: So sorry you're telling me that because his grandpa decided
• 37:37
  Speaker 2: to go yep, I will absolutely help you.
• 37:39
  Speaker 4: Guys.
• 37:39
  Speaker 2: You were able to build essentially three hundred thousand dollars
• 37:42
  Speaker 2: worth of wealth to sit there and put you in
• 37:44
  Speaker 2: a way better position. Oh my god, one thousand percent.
• 37:46
  Speaker 2: I want to be able to do the same for
• 37:48
  Speaker 2: my kids.
• 37:48
  Speaker 5: Yeah, we're so grateful, and it meant that we got
• 37:51
  Speaker 5: to have some really good conversations about money too. You know,
• 37:54
  Speaker 5: we committed that we would be paying extra on the
• 37:56
  Speaker 5: mortgage because.
• 37:57
  Speaker 4: At the time we were saving and paying rent.
• 38:00
  Speaker 5: So we just agreed that we'd keep paying that total
• 38:02
  Speaker 5: amount onto the mortgage, which was about fifteen hundred dollars
• 38:05
  Speaker 5: more than the mortgage of payment at the time.
• 38:07
  Speaker 4: So yeah, we were able to do that. And because
• 38:09
  Speaker 4: we were doing that, we had that habit we have
• 38:11
  Speaker 4: always paid quite a lot more.
• 38:13
  Speaker 5: So I think at the moment it's still roughly around
• 38:15
  Speaker 5: fifteen hundred more a month that we're paying off our mortgage.
• 38:18
  Speaker 5: And so when the interest rates went up. Yes, we
• 38:21
  Speaker 5: definitely felt that we didn't have as much sort of
• 38:23
  Speaker 5: redraw sitting there, for example, like we didn't have to
• 38:26
  Speaker 5: shift our expenses too much.
• 38:28
  Speaker 2: So yeah, yes, love love love love. So the other
• 38:32
  Speaker 2: thing I wanted to ask because I feel like I
• 38:35
  Speaker 2: don't know, I just I'm questioning everything about your story.
• 38:38
  Speaker 2: You came and you're like, oh, probably a C plus
• 38:40
  Speaker 2: or a B minus and I'm just like pix girls delusional.
• 38:43
  Speaker 2: But okay, so tell me a bit more because I reckon,
• 38:46
  Speaker 2: you've got some pretty good money habits. What do you
• 38:49
  Speaker 2: think is your best money habit?
• 38:51
  Speaker 5: I think it's just been able to like if I
• 38:56
  Speaker 5: get something in my head, I can just do it
• 38:57
  Speaker 5: so like I set myself for god last year that
• 38:59
  Speaker 5: I was going to buy any lunch or coffee up
• 39:01
  Speaker 5: for example, when I was working, because I started calculating
• 39:04
  Speaker 5: like how much money I was spending on lunch at
• 39:07
  Speaker 5: work and to coffee, and I was like, girl, what
• 39:10
  Speaker 5: are you doing? So when I put my mind to something,
• 39:12
  Speaker 5: I can really just knuckle down and do it. Like
• 39:14
  Speaker 5: it doesn't feel like I guess at chore. I've always
• 39:18
  Speaker 5: ever since I guess, you know, been eighteen and we
• 39:21
  Speaker 5: got our first rent tool back then, and I think
• 39:23
  Speaker 5: our rent back then was two ninety five a week
• 39:26
  Speaker 5: and we had about twelve hundred a fortnight coming in,
• 39:31
  Speaker 5: so you know, it was always a sort of relatively big.
• 39:34
  Speaker 4: Portion about income.
• 39:36
  Speaker 5: And I've always just paid the rent and the bills
• 39:40
  Speaker 5: and everything as soon as we get paid, pay every bill,
• 39:43
  Speaker 5: pay all the rent, and then it's sort of like
• 39:45
  Speaker 5: what are we left with, so that you know, I'm
• 39:46
  Speaker 5: never behind on those essential things like you know, a
• 39:50
  Speaker 5: roof of your head and electricity and water and that
• 39:52
  Speaker 5: sort of thing.
• 39:52
  Speaker 4: So I think sort of.
• 39:53
  Speaker 5: Like my best money have it easier, probably like when
• 39:56
  Speaker 5: I need to, we can sort of knuckle down and
• 39:58
  Speaker 5: just get on with it and real prioritizing those major
• 40:01
  Speaker 5: sort of bills and things like that, and then you.
• 40:04
  Speaker 4: Know, I guess life and FuMB will come later.
• 40:06
  Speaker 5: But now I'm in a spot where we can kind
• 40:08
  Speaker 5: of prioritize both pay the mortgage, pay the bills, but
• 40:11
  Speaker 5: then also have some fun money and that we.
• 40:13
  Speaker 4: Don't have to have any pressure or anything on.
• 40:15
  Speaker 2: So yeah, balance, see, you're already working towards it, and
• 40:19
  Speaker 2: I feel like that is one of the most healthiest
• 40:21
  Speaker 2: money habits. Ever, it's not like every week I sit
• 40:24
  Speaker 2: down and you know, do ABCD. It's like I've managed
• 40:27
  Speaker 2: to find a balance between what works and what needs
• 40:30
  Speaker 2: to happen and obsessed on the flip side, I mean,
• 40:35
  Speaker 2: you better be a good bad money habit because you said, oh,
• 40:38
  Speaker 2: it might be like a C plus, Like, I'll tell
• 40:40
  Speaker 2: you about it. What's your worst money habit? Come on,
• 40:43
  Speaker 2: it's got to be good. I feel like the chemistry
• 40:46
  Speaker 2: between you and I is about to tell me that
• 40:48
  Speaker 2: your bad money habit is probably something I do. So
• 40:51
  Speaker 2: tell me, Oh, I.
• 40:53
  Speaker 4: Love to shop.
• 40:54
  Speaker 5: I'm very I could be very impulsive, Like I can
• 40:56
  Speaker 5: be so planned and you know, organized and and it's
• 41:00
  Speaker 5: awesome and then next minute I'm like, yeah, I want
• 41:03
  Speaker 5: to go get that new outfit, or I'm going to
• 41:05
  Speaker 5: the new.
• 41:05
  Speaker 2: Mecca or where are we shopping Mecca.
• 41:09
  Speaker 4: Seed Country Road Dish.
• 41:11
  Speaker 2: Yeah, we could go shopping together. We'd have a great time,
• 41:14
  Speaker 2: and I feel like we'd enable each other because do
• 41:16
  Speaker 2: you know what I would do. I'd be like, oh, babe,
• 41:17
  Speaker 2: I mean those pants are white. That's a staple, that's
• 41:20
  Speaker 2: an investment. Like if you need me to be the
• 41:24
  Speaker 2: bad friend, I can be like, I'm not going to
• 41:27
  Speaker 2: talk you out of a cute purchase.
• 41:28
  Speaker 4: My friends are too sensible, So yeah, I definitely need that. Yeah.
• 41:34
  Speaker 5: So I think my bad money habit is I can
• 41:37
  Speaker 5: just be that bit impulsive and I'll put money aside
• 41:40
  Speaker 5: for something that is like a genuine thing I'm putting
• 41:43
  Speaker 5: aside for, Like I've started going to getting a bit
• 41:45
  Speaker 5: of a Christmas fund and then I'm like, yeah, but
• 41:47
  Speaker 5: there is a sale. Maybe we'll just take a little
• 41:49
  Speaker 5: bit of money from that, and like I need to
• 41:51
  Speaker 5: seriously work about that.
• 41:53
  Speaker 4: Yeah. So I think just that more impulsive spending side of.
• 41:57
  Speaker 2: Things, But that goes hand in hand with ADHD. I'm
• 42:00
  Speaker 2: so sorry. We are suckers for instant gratification. Like if
• 42:04
  Speaker 2: it is shiny, we are basically bower birds. And I
• 42:08
  Speaker 2: think the best thing we can do is consistently talk
• 42:10
  Speaker 2: about that and go, oh, I'm really bad at this
• 42:12
  Speaker 2: or I'm you know, really struggling with this, so that
• 42:14
  Speaker 2: we can try different strategies, because a strategy that works
• 42:18
  Speaker 2: for me might not work for you, and you can
• 42:20
  Speaker 2: kind of like trial and error and work out what works.
• 42:22
  Speaker 2: But one of the best things I think you can
• 42:24
  Speaker 2: do is go back through your finances and get a highlighter.
• 42:28
  Speaker 2: It's going to be really boring and it's also really confronting,
• 42:31
  Speaker 2: so you might need a little bit of like a
• 42:32
  Speaker 2: glass of wine or something to do this. But go
• 42:34
  Speaker 2: back and just like highlight all of the purchases that
• 42:37
  Speaker 2: you think were pretty impulsive, and then I want you
• 42:40
  Speaker 2: to write down how you feel about them now because
• 42:43
  Speaker 2: I can guarantee, like, don't get me wrong, I'm a
• 42:46
  Speaker 2: level for it, Mecca, Like you can't tell me like
• 42:50
  Speaker 2: anything basically, like I know better. But what I also
• 42:53
  Speaker 2: know is that going through and understanding how those things
• 42:57
  Speaker 2: actually don't spark that much joy anymore. Yeah, Like, and
• 43:01
  Speaker 2: it's the bigger purchases where I've gone, all right, well
• 43:03
  Speaker 2: I really do you know. Let's pretend it's a makeup product,
• 43:06
  Speaker 2: And right now I'm looking at a Charlotte till Ree
• 43:08
  Speaker 2: bronzer and I've got it saved in my Mecca cut
• 43:11
  Speaker 2: on the app and I have for a while. But
• 43:13
  Speaker 2: I also know I've got a bronzer at home, So
• 43:14
  Speaker 2: I'm trying to be a responsible adult and be like
• 43:16
  Speaker 2: I don't need that, right, I don't, but like I
• 43:18
  Speaker 2: keep looking at it and have you said how beautiful
• 43:20
  Speaker 2: the packaging is. Like that gets me as well. So
• 43:23
  Speaker 2: I just know, one I'm not going to go into Mecca,
• 43:26
  Speaker 2: but two, I'm going to keep thinking about this and
• 43:28
  Speaker 2: then once I've run out of something else, I'm going
• 43:31
  Speaker 2: to give myself that as kind of a reward. And
• 43:34
  Speaker 2: once that happens, I just know I'm going to enjoy
• 43:37
  Speaker 2: it a little bit more. Like if it was impulsive, yeah,
• 43:40
  Speaker 2: I'm going to use it, but like if I feel
• 43:43
  Speaker 2: like I have earned it, and I know that we're
• 43:45
  Speaker 2: not saying, oh yeah, you worked so hard for that bronzer,
• 43:48
  Speaker 2: so lame. But if I feel like I have delayed
• 43:51
  Speaker 2: that purchase as much as possible, and then I decided
• 43:54
  Speaker 2: I still really want it. It sits on my bathroom counter,
• 43:57
  Speaker 2: and when I use it feels better Like it just does.
• 44:00
  Speaker 2: So like, how do we get you to a point
• 44:02
  Speaker 2: where you're like, impulsive shopping is actually not as good
• 44:04
  Speaker 2: as I thought it was. I get this really high
• 44:06
  Speaker 2: dopamine hit at the very start, then I don't give
• 44:09
  Speaker 2: a shit. So what am I going to do? Because
• 44:11
  Speaker 2: I can almost guarantee if I go through your wardrobe
• 44:13
  Speaker 2: there's probably heaps of stuff I want. But also stuff
• 44:16
  Speaker 2: that you've forgotten about, and also stuff that you're like, oh, yeah,
• 44:19
  Speaker 2: I really liked that when I was in store, and
• 44:21
  Speaker 2: I just haven't worn it. Like it's confronting and it's terrible,
• 44:24
  Speaker 2: but like that's just who we are, so we just
• 44:26
  Speaker 2: need to be honest about that.
• 44:28
  Speaker 4: Yeah.
• 44:28
  Speaker 5: I think it's been more mindful sort of probably in
• 44:30
  Speaker 5: my spending and what I do want to spend things
• 44:33
  Speaker 5: on is probably my next thing to be working on.
• 44:35
  Speaker 2: And that's not bad. I think. My first tip and
• 44:37
  Speaker 2: if you've read my book, you already know it. It's
• 44:39
  Speaker 2: put twenty four hours between you and you're spending. And
• 44:41
  Speaker 2: I say that because you know a week would be better,
• 44:43
  Speaker 2: but like I don't have the patience for a week. Yeah,
• 44:46
  Speaker 2: Like I just need to tell myself, Victoria, if you
• 44:49
  Speaker 2: still really want it, you can have it tomorrow. And
• 44:51
  Speaker 2: most of the time, because I have ADHD, I already
• 44:54
  Speaker 2: forgot what it was.
• 44:55
  Speaker 5: Yeah, yeah, I'm exactly the same. And yeah, we've been
• 44:58
  Speaker 5: applying that sort of that bit to our just overall
• 45:01
  Speaker 5: household budget as well, because you know, you decide, oh,
• 45:04
  Speaker 5: there's a furniture sale, or we should buy any coffee
• 45:06
  Speaker 5: table or something. If I don't need a coffee table walk.
• 45:08
  Speaker 4: Out of the store.
• 45:10
  Speaker 2: It's so rough, isn't it. I totally get that, but
• 45:12
  Speaker 2: I also don't think that that drags your money score
• 45:15
  Speaker 2: down to a C plus, Like if I do a
• 45:18
  Speaker 2: very quick recap, I'm sorry, but you felt pregnant while
• 45:22
  Speaker 2: in year twelve, got kicked out of school, finished high
• 45:24
  Speaker 2: school at TAFE, went on to have a second baby
• 45:28
  Speaker 2: at twenty, and you were at UNI. You did UNI
• 45:31
  Speaker 2: in a shorter period of time than most people would do.
• 45:34
  Speaker 2: How I don't know, because I couldn't even balance my
• 45:36
  Speaker 2: work life balance and I didn't have kids at UNI.
• 45:39
  Speaker 2: But you popped off. Then you've built your career, have
• 45:42
  Speaker 2: an incredible job. Both you and your husband own over
• 45:44
  Speaker 2: six figures, like and be real, that's just going to
• 45:47
  Speaker 2: keep increasing over time because your university educated. And like
• 45:50
  Speaker 2: you were saying before, look, I work for state government.
• 45:53
  Speaker 2: I know there are so many steps ahead of you
• 45:55
  Speaker 2: in that space, like there's just so much opportunity. Same
• 45:58
  Speaker 2: with project management for your partner. Yes, he's on a
• 46:00
  Speaker 2: really good innings of like what one eighty five now,
• 46:03
  Speaker 2: but like you and I both know that just goes
• 46:05
  Speaker 2: up from there. Like the more experience they get, the
• 46:07
  Speaker 2: more money comes in in that space. So like the
• 46:10
  Speaker 2: trajectory is looking incredible. You've got a really solid mortgage.
• 46:14
  Speaker 2: You've made some really good decisions when it comes to money.
• 46:17
  Speaker 2: Sorry you said I had a car loan. You know
• 46:19
  Speaker 2: we don't have that anymore. It's kind of rolled into
• 46:20
  Speaker 2: the mortgage. We've had credit cards, but we've paid them
• 46:23
  Speaker 2: all off. Sorry, you're making really good money decisions, like
• 46:27
  Speaker 2: really good, and I'm pretty sure your kids are like, oh,
• 46:30
  Speaker 2: mom and dad, we're really proud of them. Like sorry,
• 46:32
  Speaker 2: you're putting a roof over your kids' heads. And most
• 46:35
  Speaker 2: thirty year olds right now still haven't saved for their
• 46:37
  Speaker 2: first home deposits. And that's not throwing shade, that's just going, hey,
• 46:41
  Speaker 2: I don't think you realize how much you've achieved because
• 46:44
  Speaker 2: you've been in survival mode for so long, Like you
• 46:46
  Speaker 2: probably haven't reflected and been like, oh well actually, because
• 46:50
  Speaker 2: like let's go back to the mother's group conversation. You're
• 46:52
  Speaker 2: comparing yourself to people who are probably so far ahead
• 46:55
  Speaker 2: of you and also have a ten and a twelve
• 46:57
  Speaker 2: year old because like school mom, I'm assuming that's where
• 47:01
  Speaker 2: the comparison comes from girl. They're in their forties.
• 47:04
  Speaker 4: Yeah, they're all in their forties, late forties, yeah, mich to.
• 47:06
  Speaker 2: Late forties, yeah exactly. And we're comparing ourselves to that,
• 47:09
  Speaker 2: Like you're thirty, they're looking at you, going, how has
• 47:11
  Speaker 2: she got her shit together so well? And on the
• 47:14
  Speaker 2: flip side, you're comparing yourself to your friends that were
• 47:17
  Speaker 2: out clubbing while you were at home looking after your kids.
• 47:21
  Speaker 2: And there's no shade on either side. But they've been
• 47:25
  Speaker 2: enjoying their twenties. And don't get me wrong, I would
• 47:27
  Speaker 2: feel like I was missing out a little bit too.
• 47:29
  Speaker 2: And I'm not disregarding what you've been through, but like
• 47:31
  Speaker 2: it's kind of like they've probably only just started knuckling
• 47:34
  Speaker 2: down now. So if you compare to them, that's also
• 47:36
  Speaker 2: a terrible comparison. You're just running your own race. Put
• 47:39
  Speaker 2: some blinkers on, because you're killing it. I really like,
• 47:42
  Speaker 2: I'm not going to get you to redo your like
• 47:44
  Speaker 2: your money grade, but I just know you're sitting closer
• 47:48
  Speaker 2: to an A than you think you are. But you
• 47:50
  Speaker 2: keep finding reasons to drag yourself down and go, well,
• 47:53
  Speaker 2: we're not investing, well, we don't own an investment property. Well,
• 47:57
  Speaker 2: we just don't have a lot of direction. Good find
• 48:00
  Speaker 2: that's so fun, Like you're starting here and that's so exciting.
• 48:03
  Speaker 2: Like there's just so much going on. And I think
• 48:06
  Speaker 2: with some good planning, a good budget and cash flow
• 48:09
  Speaker 2: system so that everything flows through, you'll be able to
• 48:11
  Speaker 2: identify what you can invest, what you can save, what
• 48:14
  Speaker 2: life looks like in the future. Then we can talk
• 48:16
  Speaker 2: about investing and getting ahead. Like I'm just so excited.
• 48:20
  Speaker 4: For you, Thank you, thank you.
• 48:22
  Speaker 2: This is just this is such a good money story.
• 48:25
  Speaker 2: Like I just feel like you're right. Your money journey
• 48:27
  Speaker 2: is about resilience, learning and creating the future that you
• 48:29
  Speaker 2: only once dreamed of. Like, if I go back to baby,
• 48:33
  Speaker 2: you you're what's seventeen.
• 48:35
  Speaker 4: Yeah, seventeen when I found out.
• 48:36
  Speaker 2: You found out when you were pregnant. Hey, babe, you're
• 48:39
  Speaker 2: married to the man that you fell pregnant to. You
• 48:42
  Speaker 2: are deeply in love. You've been together for thirteen years.
• 48:44
  Speaker 2: You own a house, you've got cars together, your kids
• 48:47
  Speaker 2: are at school. Your first daughter, Oh my god, she's
• 48:49
  Speaker 2: just gotten into high school. That's crazy. Did you think
• 48:52
  Speaker 2: it would work out like this?
• 48:53
  Speaker 4: Yeah? I know.
• 48:55
  Speaker 5: When you put it like that, I'm like, Okay, I've
• 48:58
  Speaker 5: actually done probably better than I'm giving myself credit for,
• 49:00
  Speaker 5: because this is everything that I did want back then.
• 49:03
  Speaker 5: And yeah, it is a bit crazy that I, you know,
• 49:07
  Speaker 5: set ourselves to this sort of goal and this trajectory
• 49:09
  Speaker 5: and we have got here, And yeah, it is probably
• 49:12
  Speaker 5: nice to be able to go, you know, even have
• 49:14
  Speaker 5: a conversation like this and be like reflecting back that, Okay,
• 49:17
  Speaker 5: I actually have coup a lot of a and have
• 49:19
  Speaker 5: achieved a lot exactly.
• 49:21
  Speaker 2: And then also, sorry, you're thirty and you're on six figures,
• 49:24
  Speaker 2: like crazy, actually crazy to think that you did this yourself,
• 49:30
  Speaker 2: Like nobody else did this. You did this, and that's incredible.
• 49:32
  Speaker 2: So like straight a for me, Yes, we can work
• 49:35
  Speaker 2: on investing. Yes we can work on heaps of stuff,
• 49:37
  Speaker 2: but not only do we have time, we actually have
• 49:39
  Speaker 2: the budget. Like there's so much flexibility in your cash
• 49:42
  Speaker 2: flow that we could ebb and flow with and work
• 49:44
  Speaker 2: out what that looks like that the potential isn't just
• 49:47
  Speaker 2: like Okay, well, one of the things we need to
• 49:49
  Speaker 2: do is work on increasing your income so that we
• 49:51
  Speaker 2: can achieve the lifestyle you want. We don't have to
• 49:54
  Speaker 2: do that, Like you're ahead of the game. I'm so
• 49:57
  Speaker 2: excited and I'm so sad that we're running out of time.
• 50:00
  Speaker 2: Thank you, Thank you money Darist. It has been an
• 50:03
  Speaker 2: absolute pleasure having a chat with you today. I feel
• 50:05
  Speaker 2: very grateful that we've been able to uncover a little
• 50:08
  Speaker 2: bit more about your money story, learn about you. I
• 50:10
  Speaker 2: feel like this is a very special money story, and
• 50:13
  Speaker 2: I'm hoping that there are a few women in our
• 50:15
  Speaker 2: community who resonate with it as well and go, oh
• 50:18
  Speaker 2: my god, you're right, I am killing it and comparing
• 50:21
  Speaker 2: myself to the wrong types of people or the wrong standards.
• 50:25
  Speaker 2: But I really really appreciate that you've shared your story,
• 50:27
  Speaker 2: and I just know that our community is going to
• 50:29
  Speaker 2: be as grateful as I am.
• 50:30
  Speaker 4: Thank you so much. Thanks for having me on here.
• 50:38
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• 50:41
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• 50:45
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• 50:48
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