Latest / She's On The Money / She's On The Money Radio Recap - 28th May

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She's On The Money Radio Recap - 28th May · She's On The Money

• 0:00
  Speaker 1: She's on the Money. She's on the Money.
• 0:22
  Speaker 2: Hello and Welcome to the She's on the Money podcast
• 0:26
  Speaker 2: for millennials who want financial freedom.
• 0:28
  Speaker 3: I think we are taking the actual mickey here, Trap.
• 0:31
  Speaker 2: I was just trying to remember what you told me
• 0:33
  Speaker 2: to say, Mate, that's all you know what?
• 0:35
  Speaker 4: Write it down, Trap. I want to hear Trav sing
• 0:37
  Speaker 4: that intro.
• 0:37
  Speaker 5: Actually, I think that'd be a nice jingle like I
• 0:39
  Speaker 5: can do On the Money musical.
• 0:42
  Speaker 2: Hello and welcome, She is on the Money podcast for
• 0:47
  Speaker 2: millennial who want financial Oh, it started so strong.
• 0:53
  Speaker 3: This is the podcast which is basically the behind the
• 0:55
  Speaker 3: scenes of our radio show. Because our community is our
• 0:59
  Speaker 3: favorite thing, right or it's my favorite things, and about you,
• 1:01
  Speaker 3: I'm going to sell you on them. They are good eggs.
• 1:04
  Speaker 3: They're good people doing good things. And I obviously love
• 1:07
  Speaker 3: the radio show, but I love my podcast community more so.
• 1:10
  Speaker 3: And I love the deal.
• 1:11
  Speaker 2: Yeah, the fact of like the podcast and the community
• 1:13
  Speaker 2: that comes along it makes them feel like they're all
• 1:15
  Speaker 2: crammed into this studio with us and they can hear
• 1:18
  Speaker 2: the stuff that we say in the songs and the
• 1:21
  Speaker 2: things that Richie rich tells us not to say, and
• 1:23
  Speaker 2: they go, yeah, you should totally say that we should.
• 1:25
  Speaker 4: But they can also get involved.
• 1:27
  Speaker 5: They can call through to the show and leave us messages,
• 1:29
  Speaker 5: like if they want to send us voice messages on Instagram,
• 1:31
  Speaker 5: they can get on air with us.
• 1:33
  Speaker 3: I replied to all my dms too, So if you've
• 1:35
  Speaker 3: ever got a hot tip to you, I'm gonna share
• 1:37
  Speaker 3: on the radio show. That is the easiest way to
• 1:38
  Speaker 3: get in touch with.
• 1:39
  Speaker 4: Me is the DM.
• 1:41
  Speaker 3: Dms be kind though, no weird pictures.
• 1:43
  Speaker 2: It might take her three weeks to reply to it,
• 1:46
  Speaker 2: and she might leave me.
• 1:47
  Speaker 3: With that true for me, it's not true to me.
• 1:49
  Speaker 5: It's the best night to DM Victoria. Tuesday nights eight
• 1:52
  Speaker 5: PM's were the best.
• 1:54
  Speaker 2: You'll get that later, yeah, eight thirty pm because she's
• 1:57
  Speaker 2: too busy doing something else. APM.
• 1:59
  Speaker 4: That'll be so funny in about twenty minutes when you.
• 2:01
  Speaker 2: Hear you're focused on another task, which they will hear
• 2:05
  Speaker 2: it about twenty minutes time.
• 2:06
  Speaker 4: But what's on the show? Tell us what's on the show,
• 2:08
  Speaker 4: because it was very good.
• 2:09
  Speaker 6: It was.
• 2:09
  Speaker 2: We're going to delve into your guilty pleasures and how
• 2:12
  Speaker 2: much you spend on them, because Mitch, I believe you
• 2:15
  Speaker 2: spend seventeen thousand dollars in yours.
• 2:18
  Speaker 3: That is disgusting.
• 2:19
  Speaker 4: Don't tell them what it is. Don't tell them what
• 2:20
  Speaker 4: it is.
• 2:21
  Speaker 5: But it's greasy, it's hot, and it turns up to
• 2:24
  Speaker 5: my door and I get really excited.
• 2:25
  Speaker 3: That sounds wildly inappropriate that I'm going to say.
• 2:28
  Speaker 5: I'm going to leave it, leave it up to the
• 2:29
  Speaker 5: imagination of the Sheh's on the Monday nights.
• 2:31
  Speaker 2: That's what we call a teas or a hook in
• 2:33
  Speaker 2: the radio. And so we're also going to give you
• 2:36
  Speaker 2: some little money matters tips as well. I'm going to
• 2:39
  Speaker 2: tell you how you can keep little bit more bucks
• 2:41
  Speaker 2: in your bank account and super save a Saturday. It's
• 2:45
  Speaker 2: our favorite thing of the week where we're not going
• 2:47
  Speaker 2: to talk about it.
• 2:48
  Speaker 3: It's really good, mainly because it was my idea. No
• 2:50
  Speaker 3: I was, and I think it was Richie Richard's idea.
• 2:52
  Speaker 2: But the thing is, you know, we're not going to
• 2:54
  Speaker 2: talk about all those things that people like Mitch and
• 2:56
  Speaker 2: I have no idea about because we're not smart enough
• 2:59
  Speaker 2: to understand that's your podcast for you, Okay, Well we're
• 3:04
  Speaker 2: going to dumb it down for people like myself.
• 3:06
  Speaker 3: And it probably wasn't entirely truthful today on the radio
• 3:09
  Speaker 3: show about my guilty pleasures.
• 3:11
  Speaker 4: Either.
• 3:11
  Speaker 3: I think that everybody in my community knows I'm a
• 3:14
  Speaker 3: bit better at spending and it's not just coffee that
• 3:16
  Speaker 3: is my guilty pleasure, you know, a bit of a spoiler.
• 3:18
  Speaker 3: But at the same time, I think that was a
• 3:20
  Speaker 3: good radio hook, right, yeah, I hear about it.
• 3:23
  Speaker 4: It worked, It worked.
• 3:24
  Speaker 2: I just don't know why you lie to people. That's
• 3:26
  Speaker 2: my only.
• 3:26
  Speaker 3: Problem, because I didn't want, you know, millions of people
• 3:30
  Speaker 3: judging me on the fact that I really like nice
• 3:32
  Speaker 3: shoes and handbags. Like I just felt like it was
• 3:34
  Speaker 3: a bit too soon to get to know me that deep.
• 3:37
  Speaker 2: Yeah, okay, but the community know you very well. But
• 3:39
  Speaker 2: that's okay, all right, Let's get into the radio show
• 3:42
  Speaker 2: right now. This is the She's on the Money radio
• 3:45
  Speaker 2: show every morning nine am across the country.
• 3:49
  Speaker 3: Not every morning.
• 3:50
  Speaker 4: Yeah good.
• 3:50
  Speaker 3: Can you imagine if it was, we.
• 3:52
  Speaker 4: Would have made its.
• 3:54
  Speaker 2: I'd have to get up too early every single day,
• 3:57
  Speaker 2: and I'm not into that.
• 3:57
  Speaker 3: I would for breakfast radio show.
• 3:59
  Speaker 5: Right.
• 4:03
  Speaker 1: She's on the Money radio show.
• 4:07
  Speaker 4: With Victoria Divine guilty Pleasure. Guilty Pleasure?
• 4:17
  Speaker 2: Who made that? I love the good pun on Queen's
• 4:21
  Speaker 2: under pressure, Richie rich our producer. Very well done, then.
• 4:25
  Speaker 3: Did you make that, Richie Rich?
• 4:26
  Speaker 4: That is a good gear.
• 4:28
  Speaker 2: Anyway, We do all have guilty pleasures. You know, we
• 4:30
  Speaker 2: can't live with our guys. Just because we want financial
• 4:33
  Speaker 2: freedom doesn't mean that you need to go without everything.
• 4:36
  Speaker 2: You can splurge here and there right mitches everywhere.
• 4:39
  Speaker 5: Okay, now that makes me sound like a monster. I
• 4:42
  Speaker 5: do splurge everywhere. I don't save anything, Victoria. I don't
• 4:44
  Speaker 5: think I've ever told you this, ques You're really bad.
• 4:47
  Speaker 5: I try to save like one thousand a month. If
• 4:49
  Speaker 5: that I see something, I get it. I want I've
• 4:51
  Speaker 5: had lunch. I see some more food than I go.
• 4:53
  Speaker 5: You know what I want that eat it later?
• 4:55
  Speaker 4: I do want it. I got it?
• 4:56
  Speaker 2: Okay. Apart from the Theoremon's what's your guilty pleasure? Would
• 4:59
  Speaker 2: you say, mate?
• 5:00
  Speaker 4: Not really fair? I mean that's not really that expensive.
• 5:02
  Speaker 3: I have not that expense, he says, just about a
• 5:04
  Speaker 3: blast eight hundred bucks he spent on Facebook.
• 5:06
  Speaker 2: Market's like, fine, don't worry.
• 5:07
  Speaker 4: Wait to hear his feet.
• 5:08
  Speaker 5: In the last twelve months alone, I've spent over seventeen
• 5:11
  Speaker 5: thousand dollars on it.
• 5:12
  Speaker 2: What on Uber eighth. Are you joking?
• 5:16
  Speaker 3: What are you ordering?
• 5:17
  Speaker 4: That's for my partner and I.
• 5:18
  Speaker 5: But that's the thing, like I will get two meals
• 5:20
  Speaker 5: if there's a meal deal, I will get the second
• 5:22
  Speaker 5: meal and double the price just so I have food
• 5:24
  Speaker 5: for the next day.
• 5:25
  Speaker 4: So technically I'm saving money.
• 5:27
  Speaker 3: No meat. You're spending more on food from Uber Eats
• 5:30
  Speaker 3: than most people do on rent. Sit down, sir.
• 5:32
  Speaker 2: You know when Victoria whips out a calculator that is
• 5:35
  Speaker 2: out of control? How much is that.
• 5:37
  Speaker 3: Fourteen hundred and sixteen dollars per month? And you're like, oh,
• 5:41
  Speaker 3: it's for my partner, so that's like seven hundred bucks each.
• 5:44
  Speaker 4: It was lockdown. It was lockdown.
• 5:46
  Speaker 3: No, that is no excuse. I thought everyone just ate
• 5:49
  Speaker 3: easy Mac during lockdown? Is that not what the reality.
• 5:53
  Speaker 5: Of I had easy Mac too, but I got it
• 5:55
  Speaker 5: Uber eachsed in it is all grocery shopping is like
• 5:57
  Speaker 5: that instant milk grun, all the delivery serve.
• 6:00
  Speaker 4: Yeah. I don't even need.
• 6:01
  Speaker 2: A car at this point, and that is ridiculous. All right, Victoria,
• 6:03
  Speaker 2: what's your guilty pleasure?
• 6:04
  Speaker 3: Look, I have a few. I do love my shoes
• 6:07
  Speaker 3: and handbags and travel and all of the things. That
• 6:09
  Speaker 3: I think everybody loves. But from my perspective, it's really
• 6:13
  Speaker 3: about balance, and it's really about working out what your
• 6:15
  Speaker 3: guilty pleasure is and kind of also leaning into it
• 6:18
  Speaker 3: so you cannot feel guilty about a guilty pleasure, but
• 6:22
  Speaker 3: rather go Do you know what? That's part of my lifestyle.
• 6:24
  Speaker 3: I love it. And for me that's coffee, like one
• 6:27
  Speaker 3: or two a day. I know that that sounds small
• 6:29
  Speaker 3: because I think every other financial advice is like, do
• 6:31
  Speaker 3: you know you can save fourteen hundred dollars a year
• 6:34
  Speaker 3: if you don't have your morning coffee.
• 6:36
  Speaker 4: Yeah, they always shave the coffee off, don't they.
• 6:38
  Speaker 3: I don't understand it, because to me, that's my favorite
• 6:41
  Speaker 3: thing in the morning, like going for a walk with
• 6:42
  Speaker 3: my partner grabbing a coffee, which I'm now no longer
• 6:45
  Speaker 3: able to do on Saturday mornings, which is kind of
• 6:47
  Speaker 3: rude because I haven't hang out with Michi. It's never
• 6:48
  Speaker 3: bought me a coffee.
• 6:49
  Speaker 2: Well, you're making money now though, that's the difference.
• 6:52
  Speaker 3: This is very important. Now I can afford more coffee.
• 6:55
  Speaker 2: I mean it's kind of a catch twenty two. Really,
• 6:57
  Speaker 2: you can afford them, but you're not buying them, so.
• 6:59
  Speaker 3: No going to make Niche pay for them the money
• 7:02
  Speaker 3: win all around.
• 7:02
  Speaker 5: Well, I can't afford it because you know how much
• 7:04
  Speaker 5: I'm spending on Uber Eats.
• 7:04
  Speaker 4: That's the problem.
• 7:06
  Speaker 2: This is she's on the Money radio show. Just before
• 7:09
  Speaker 2: the break, you were telling us that your guilty pleasure
• 7:11
  Speaker 2: of Victoria Devine is coffee.
• 7:13
  Speaker 3: Before the coffee I have baraka.
• 7:14
  Speaker 2: Okay, and Mitch, you are an Uber Eats bandits seventeen
• 7:18
  Speaker 2: thousand dollars.
• 7:19
  Speaker 3: All I can't.
• 7:20
  Speaker 5: I feel like in the year of Lockdown, I couldn't
• 7:23
  Speaker 5: go out and cook food.
• 7:24
  Speaker 2: That's why, sure, mate, But that's okay. We're going to
• 7:27
  Speaker 2: make you feel a bit better because we're taking your
• 7:29
  Speaker 2: cars on thirty one oh sixty five. What's your guilty
• 7:32
  Speaker 2: pleasure and how much have you spent on it? Right now?
• 7:34
  Speaker 2: We've got Tommy, Tommy, what's yours?
• 7:36
  Speaker 4: Buddy?
• 7:37
  Speaker 6: Okay, mate? So my guilty pleasure is I only like
• 7:39
  Speaker 6: putting premium um leaded petrol in my car because it
• 7:43
  Speaker 6: just makes the motor per Mate, I can't do It's
• 7:44
  Speaker 6: only fifteen cents twenty cents more, but I just got
• 7:47
  Speaker 6: to do it.
• 7:47
  Speaker 3: I can't fifteen or twenty cents in these hard economic times, Tommy.
• 7:51
  Speaker 6: You gotta do what you gotta do.
• 7:53
  Speaker 5: Okay, he's not even doing it for performance, per for
• 7:57
  Speaker 5: a per he's a cat man.
• 7:58
  Speaker 2: Are you the kind of guy that rocks up does
• 8:00
  Speaker 2: bog laps? Tommy? And you're like, hey, girls, listen to
• 8:02
  Speaker 2: this baby chap flaps?
• 8:06
  Speaker 5: Yeah, And then I like that joke, didn't he? So
• 8:08
  Speaker 5: he's just traps audience.
• 8:09
  Speaker 3: I've got questions. I've got real questions.
• 8:12
  Speaker 2: Go for a Victoria.
• 8:13
  Speaker 3: I don't understand the difference.
• 8:15
  Speaker 5: What is the neither?
• 8:16
  Speaker 7: Do I?
• 8:20
  Speaker 6: I only get things that are premiut.
• 8:22
  Speaker 5: Oh wow, Tommy, here I reckon.
• 8:27
  Speaker 4: He's in the Toyota Yaris.
• 8:29
  Speaker 2: He actually has a prius, so he doesn't even use
• 8:31
  Speaker 2: Fore Mandy on thirty one six five, what's your guilty pleasure?
• 8:39
  Speaker 2: And how much have you spent on it?
• 8:41
  Speaker 7: About seven eight hundred dollars a month on boatox.
• 8:46
  Speaker 3: A month on boat box. Okay, as somebody who's happy
• 8:49
  Speaker 3: to with me on national radio that they also get botox? Girl,
• 8:53
  Speaker 3: how are you spending that much per month?
• 8:55
  Speaker 4: It's a lot of botoxs.
• 8:56
  Speaker 3: Where are you putting it?
• 8:57
  Speaker 2: Hang on a second, let's keep it family friendly.
• 9:00
  Speaker 3: No like is it is it that typing your jaws?
• 9:03
  Speaker 5: So?
• 9:04
  Speaker 1: Yeah, so you're fore head frown crows feet. I obviously
• 9:09
  Speaker 1: get a lot of fillers.
• 9:11
  Speaker 3: Is the seven hundred dollars does that include the fillers?
• 9:14
  Speaker 5: Yeah?
• 9:14
  Speaker 1: So basically I spread it out so I don't get
• 9:17
  Speaker 1: it all at once, and it averages out to about
• 9:18
  Speaker 1: seven hundred a month.
• 9:19
  Speaker 2: Who does your partner know about this?
• 9:22
  Speaker 3: Man? Tras?
• 9:25
  Speaker 2: I would have thought that you were so angry, but
• 9:27
  Speaker 2: I can't see an expression on your face.
• 9:30
  Speaker 4: Got you gotta good?
• 9:33
  Speaker 2: All right?
• 9:33
  Speaker 5: Hey?
• 9:33
  Speaker 2: Thanks Mandy. Jake, what is your guilty pleasure on thirty
• 9:37
  Speaker 2: one O six five? And how much a month are
• 9:39
  Speaker 2: you spending on the money? Guys?
• 9:40
  Speaker 7: I'll be honest, I am a sneak ahead and specifically
• 9:44
  Speaker 7: in the easy season apparel, so that's Kanye West brand.
• 9:50
  Speaker 2: Those are you playing at home? Just in case you
• 9:52
  Speaker 2: don't know, I'm a easyhead too.
• 9:54
  Speaker 4: I'm an easy fan too. I got all the easy
• 9:55
  Speaker 4: So this is Jake's a man to my own heart.
• 9:57
  Speaker 7: I love this Jake perfect bro. So you know how
• 9:59
  Speaker 7: much they cost cost? On average? Around like six hundred
• 10:03
  Speaker 7: bucks a.
• 10:03
  Speaker 5: Pair, right, Yeah, six to eight hundred depending on the season.
• 10:06
  Speaker 5: And if Kanye and Kim wear them. It's skyrockets to
• 10:09
  Speaker 5: like over a thousand, but for like the cheapest pair
• 10:10
  Speaker 5: would be five hundred bucks.
• 10:13
  Speaker 7: I reckon I've spent I'm not joking, probably around ten k.
• 10:18
  Speaker 4: Yeah, yeah, yes.
• 10:20
  Speaker 2: You might say, yeesus.
• 10:22
  Speaker 3: Jesus, I like that. I'm I'm sure. I spent sixty
• 10:26
  Speaker 3: six dollars on the added Ass website this week on
• 10:28
  Speaker 3: their click frenzy sale get a new pair of sneakers.
• 10:31
  Speaker 3: I thought that was pretty expensive.
• 10:32
  Speaker 2: Yeah, you know, I'm also shook because, for some reason
• 10:35
  Speaker 2: of fifteen year olders replace a Victoria divine in the
• 10:37
  Speaker 2: radio studio here.
• 10:38
  Speaker 3: What's wrong with me?
• 10:39
  Speaker 2: But the word shook? I thought it was so please no,
• 10:44
  Speaker 2: thank you so much, Jake. Well, I hope that makes
• 10:47
  Speaker 2: you guys feel a little bit better about obviously your
• 10:49
  Speaker 2: coffee addiction and your uber eats addiction. Mitch, it's always
• 10:52
  Speaker 2: good to throw it out there to the listeners on
• 10:54
  Speaker 2: thirty one oh six five.
• 10:55
  Speaker 5: It makes me feel a bit better. But Victoria, your
• 10:57
  Speaker 5: is yours is this week? Yours is just a coffee?
• 11:00
  Speaker 4: And then here are we spend a ten k plass?
• 11:02
  Speaker 4: You know? See?
• 11:02
  Speaker 3: I call that my guilty pleasure. And I like calling
• 11:05
  Speaker 3: it out as a financial advisor because I think too
• 11:08
  Speaker 3: many people are always like, oh my gosh, like, yeah,
• 11:10
  Speaker 3: I've really got to cut back, and the first thing
• 11:12
  Speaker 3: they do is cut that coffee, and you're like, no,
• 11:14
  Speaker 3: that's not going to save you nearly enough to create
• 11:17
  Speaker 3: the lifestyle you want. We need to actually do a
• 11:19
  Speaker 3: bit more than that. So normalized coffee.
• 11:21
  Speaker 2: Trad all right, we have normalized spending with guilty pleasures.
• 11:24
  Speaker 2: We're going to save you money next with money matters.
• 11:26
  Speaker 2: If you're struggling with some cash flow, you got yourself
• 11:28
  Speaker 2: in a bit of situation, you need some advice. Hit
• 11:31
  Speaker 2: us up at She's on the Money socials this week,
• 11:33
  Speaker 2: eleven year old Ben. He wants some advice on getting
• 11:36
  Speaker 2: into the stock market. That's coming up next on the
• 11:38
  Speaker 2: She's on the Money radio show.
• 11:42
  Speaker 1: She's on the Money Radio show.
• 11:46
  Speaker 4: With Victoria Divine.
• 11:50
  Speaker 2: Each week we're going to bring somebody's financial story on it.
• 11:53
  Speaker 2: We want to get your advice, Victoria on what they
• 11:56
  Speaker 2: should do, because you're.
• 11:58
  Speaker 4: The expert here.
• 11:58
  Speaker 2: I have tricked you a well, hopefully you're not going
• 12:02
  Speaker 2: to trick eleven year old Ben who sent us this message.
• 12:05
  Speaker 3: I'm eleven and I've been saving up and I want
• 12:07
  Speaker 3: to know how to buy five hundred dollars worth of shares?
• 12:09
  Speaker 3: How do I do it? And what type should I buy? Okay,
• 12:11
  Speaker 3: first of all, that's so wholesome.
• 12:13
  Speaker 4: Yeah, that's at eleven.
• 12:15
  Speaker 5: I wasn't even allowed to use a toaster, let alone
• 12:17
  Speaker 5: call into a radio show.
• 12:18
  Speaker 2: I didn't even have five dollars, let alone five hundred eleven.
• 12:22
  Speaker 3: I got my kettle license, and I thought that was
• 12:24
  Speaker 3: really big kettle. My parents are going to be listening
• 12:27
  Speaker 3: to this laughing. It was so that you could safely
• 12:30
  Speaker 3: use the kettle because Mum and dad wanted tea and
• 12:33
  Speaker 3: coffee in bed.
• 12:34
  Speaker 4: Oh my god, that's genius. That's a money save a tip.
• 12:38
  Speaker 4: That's very smart.
• 12:38
  Speaker 2: Anyway, Victoria, what should Ben do? Who wants to invest
• 12:41
  Speaker 2: five hundred bucks in the stock market?
• 12:42
  Speaker 4: Look?
• 12:43
  Speaker 3: First, thing first, that is impressive. I don't know where
• 12:45
  Speaker 3: he got five hundred bucks. Do we have to talk
• 12:47
  Speaker 3: about child slave labor? Let's maybe not. Let's just assume
• 12:51
  Speaker 3: then he seemed happy. Let's assume he's been holding all
• 12:53
  Speaker 3: his Birthday and Christmas money and gifts from family and friends,
• 12:56
  Speaker 3: all right, So then there are lots and lots of options,
• 13:00
  Speaker 3: and I think the first thing is to think about
• 13:01
  Speaker 3: what you actually want to achieve, and is it buying
• 13:04
  Speaker 3: something in the future. Is it when you get to
• 13:06
  Speaker 3: eighteen buying a car? Is it actually when you're thirty
• 13:09
  Speaker 3: five or maybe even sixty at this rate and buying
• 13:11
  Speaker 3: your first home? Is it retirement?
• 13:13
  Speaker 4: Like?
• 13:13
  Speaker 3: What are we doing? Am I talking to an eleven
• 13:16
  Speaker 3: year old about retirement? This is so sex I.
• 13:18
  Speaker 2: Wish Ben was on the line to tell you all
• 13:20
  Speaker 2: about his retirement needs and want.
• 13:22
  Speaker 4: I'm sure he's got a long, long list retirement.
• 13:24
  Speaker 3: Guys, he's probably more prepared than both of you combined.
• 13:27
  Speaker 3: But that is so true. So there's heaps of ways
• 13:29
  Speaker 3: he could invest. A very popular way for young people
• 13:33
  Speaker 3: to invest if you're under eighteen is to either buy
• 13:36
  Speaker 3: an investment bond because there's lots of tax implications we
• 13:39
  Speaker 3: need to take into consideration, or an ETF, which is
• 13:42
  Speaker 3: an exchange traded fund, which is a bucket of shares
• 13:45
  Speaker 3: so you don't have to pick them directly and worry
• 13:48
  Speaker 3: too much. But Ben, I would be having a chat
• 13:50
  Speaker 3: with your parents because kids actually have a really high
• 13:53
  Speaker 3: marginal tax rate. It might not be the best thing
• 13:55
  Speaker 3: to do because you might end up getting a little
• 13:58
  Speaker 3: bit shot in the foot.
• 13:59
  Speaker 5: Wait, he could use his parents to invest the money
• 14:02
  Speaker 5: so he doesn't get tax.
• 14:03
  Speaker 3: Yeah, there are lots of platforms that allow you to
• 14:05
  Speaker 3: sign up and then actually have a children's account where
• 14:08
  Speaker 3: they can manage it and have a look at it
• 14:09
  Speaker 3: and run it. But it actually sits under the parents
• 14:12
  Speaker 3: tax will income.
• 14:14
  Speaker 5: He says he wants to get into the stock market.
• 14:15
  Speaker 5: He is ad a good idea at eleven.
• 14:17
  Speaker 3: Look, I love the idea. I hope that when I
• 14:19
  Speaker 3: have an eleven year old they are as keen on
• 14:22
  Speaker 3: getting into the stock market because when I was eleven again,
• 14:24
  Speaker 3: kettle license was my priority. But the power here, let's
• 14:28
  Speaker 3: just seep out the money smart compound interest calculator, because
• 14:31
  Speaker 3: that's my favorite thing.
• 14:32
  Speaker 4: In the end, I love what you have that ready
• 14:33
  Speaker 4: to go at all times.
• 14:34
  Speaker 3: I do. I'm ready. But his initial deposit of five
• 14:38
  Speaker 3: hundred bucks, if he didn't add a dollar to it,
• 14:40
  Speaker 3: didn't even think about it. Yeah, by the time he retires,
• 14:43
  Speaker 3: that's twenty one thousand dollars. Wow, by not touching it,
• 14:47
  Speaker 3: So five hundred bucks twenty one grand.
• 14:49
  Speaker 2: Just putting five hundred bucks into an account and leaving it.
• 14:52
  Speaker 3: Yep, he's crazy exactly. But then imagine so if he
• 14:55
  Speaker 3: added fifty bucks a month to it, So maybe mum
• 14:58
  Speaker 3: and dad added fifty bucks a month and birthday money
• 15:01
  Speaker 3: very money. Yeah, maybe he has a rich uncle or something.
• 15:03
  Speaker 3: Maybe if he added fifty bucks a month to his
• 15:06
  Speaker 3: five hundred, he'd have three hundred and forty nine thousand.
• 15:09
  Speaker 3: What you're my small house with that?
• 15:11
  Speaker 2: Oh my god, three hundred and fifty k is out
• 15:14
  Speaker 2: of control.
• 15:14
  Speaker 3: I think it is wild. I won't go on and
• 15:16
  Speaker 3: on about it because I have a whole show for
• 15:18
  Speaker 3: the rest of the year to go in and on about.
• 15:20
  Speaker 4: Yeah, good tips for Benny.
• 15:21
  Speaker 3: Great idea.
• 15:22
  Speaker 2: Hey, if you've got a question you want Victoria to answer,
• 15:24
  Speaker 2: hit us up on our socials right now, just search
• 15:26
  Speaker 2: She's on the Money and coming up next, we're going
• 15:28
  Speaker 2: to do Super Savior Saturday. Guys, Victoria, you're going to
• 15:30
  Speaker 2: give us some sneaky tips on how to keep more
• 15:33
  Speaker 2: bucks in your bank account.
• 15:35
  Speaker 5: This is she's on the Money radio show since the
• 15:38
  Speaker 5: Savers Saturday. Yeah, Super Savers Saturday is that's when Victoria,
• 15:42
  Speaker 5: you give us a little money saving tips that aren't
• 15:44
  Speaker 5: full of like actual jargon compound savings and you know
• 15:48
  Speaker 5: sees end of day, all those business.
• 15:50
  Speaker 3: Toos'll say it's my favorite part of the week. But
• 15:53
  Speaker 3: it's not because you guys told me I can't talk
• 15:55
  Speaker 3: about anything I actually want to talk about. It has
• 15:57
  Speaker 3: to be like fluffier money tips that you think people
• 15:59
  Speaker 3: will all like. So, I've tried really hard this week
• 16:02
  Speaker 3: and I spent twenty one hundred bucks on return flights
• 16:05
  Speaker 3: to London, and I think that's a money win you.
• 16:07
  Speaker 5: Oh my god, that is how much they normally you
• 16:10
  Speaker 5: can get flights to lighter that night.
• 16:11
  Speaker 3: Four grand, right, so expensive. I've been looking and the
• 16:15
  Speaker 3: average seems to be for the good time. Obviously, you
• 16:18
  Speaker 3: could fly at like a really terrible time and have
• 16:20
  Speaker 3: like a twenty four hour layover in like dollar or
• 16:23
  Speaker 3: something where you don't yeah, no, thank you. I feel
• 16:26
  Speaker 3: like they're about thirty two hundred at the moment, So
• 16:28
  Speaker 3: I feel like I saved a thousand bucks. That's pretty
• 16:30
  Speaker 3: good money.
• 16:31
  Speaker 2: That's like it had to do it.
• 16:32
  Speaker 4: What did you do is spreadsheet things?
• 16:34
  Speaker 3: Yeah, now I've got to out myself and tell you
• 16:36
  Speaker 3: that I made a spreadsheet and I downloaded an algorithm
• 16:38
  Speaker 3: that I stole from someone else to put flight costs
• 16:42
  Speaker 3: from other places to work out what time of the
• 16:44
  Speaker 3: week was the best time to buy flights, and Richie
• 16:46
  Speaker 3: reached our producer not his real name. He told me
• 16:50
  Speaker 3: that Tuesday nights are the best time to buy flights.
• 16:52
  Speaker 3: But I trust nobody, so I had to do all
• 16:54
  Speaker 3: of this to work out the Tuesday nights were actually
• 16:56
  Speaker 3: the best time to buy flights at about eight pm.
• 16:59
  Speaker 2: Wow, he was right.
• 17:01
  Speaker 3: I'm not going to say that. I'm sure he heard
• 17:03
  Speaker 3: that from someone else.
• 17:04
  Speaker 5: Wait, do you think that's because people are, like, you know,
• 17:06
  Speaker 5: normal people wait till the weekend or Friday night or
• 17:08
  Speaker 5: their last minute, so they do it at the end
• 17:10
  Speaker 5: of the week or like the night before they're flying.
• 17:11
  Speaker 3: Why yeah, I think so. Like usually it's Friday or
• 17:14
  Speaker 3: Saturday night. Like heye, trap, you can book a holiday together.
• 17:17
  Speaker 3: Why don't you come over for a wine and we'll
• 17:18
  Speaker 3: get all locked in on a Friday or a Saturday.
• 17:21
  Speaker 3: I reckon, that's peak time.
• 17:22
  Speaker 2: I was going to ask how your partner, Steve would
• 17:24
  Speaker 2: feel about that.
• 17:24
  Speaker 3: But he would love you. You can come over for
• 17:26
  Speaker 3: dinner whenever you want.
• 17:27
  Speaker 2: Thank you, Thank you, guys.
• 17:29
  Speaker 4: I'll be dropping to just like, provide the food or.
• 17:31
  Speaker 2: You're not invited made, don't worry about it. Oh yeah, Victoria.
• 17:34
  Speaker 2: During the song, you were telling us about cookies as
• 17:36
  Speaker 2: well or something, and.
• 17:37
  Speaker 5: I got very excited because when I hear cookies, my
• 17:39
  Speaker 5: ears perk up.
• 17:39
  Speaker 3: But it was I did bring cookies for everyone this morning, Yeah,
• 17:43
  Speaker 3: Carra Milk cookies. Yeah, one hundred percent local bakery made them.
• 17:48
  Speaker 2: You're welcome, gorgeous, but a good globe.
• 17:51
  Speaker 3: But cookies are really important when it comes to flights
• 17:53
  Speaker 3: because cookies are the thing that tracks you around the internet,
• 17:56
  Speaker 3: and flight companies they truck you around the Internet. So
• 17:59
  Speaker 3: if you've Google called flights, they know you've done it.
• 18:01
  Speaker 3: So when you go to book, they'll just add a
• 18:03
  Speaker 3: couple of hundred bucks to the sale price and you'll
• 18:05
  Speaker 3: be like criminal, Yeah, but you'll be like, oh my gosh,
• 18:08
  Speaker 3: I'll just pay it, like we've just got to look
• 18:10
  Speaker 3: it in before it goes up anymore. So my other
• 18:12
  Speaker 3: hot tip is to use a device that you haven't
• 18:15
  Speaker 3: ever looked up flights on before. And so on Tuesday
• 18:18
  Speaker 3: when I booked, I went and got my partner's laptop
• 18:20
  Speaker 3: and booked on that, which meant that we got super
• 18:23
  Speaker 3: cheap flights and it was two weeks before. So if
• 18:28
  Speaker 3: that's not a money win, I don't know what is
• 18:30
  Speaker 3: money win.
• 18:30
  Speaker 4: Baby, that's a super saf a Saturday money win.
• 18:32
  Speaker 2: All Right, the show's not getting any better than that guy,
• 18:34
  Speaker 2: so let's get out while they say we're on a
• 18:36
  Speaker 2: height see next week. Do you guys, who's Denny?
• 18:39
  Speaker 5: If she's on The Money Radio Show with Victoria Devine.
• 18:42
  Speaker 2: Hear it on the catch Up podcast on iHeartRadio