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Ways to Earn More When Budgeting Isn't Enough. · The Curve

0:00
Welcome to IOU, some money education.
0:03
Today we have Hannah Kumaka, back on the microphone.
0:07
She is asking all the questions you wish you could,
0:09
but she's also bringing some amazing answers.
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She is the queen of budgeting, of sight hustles,
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and we're gonna be digging into all of that today.
0:16
And on today's episode, we're gonna be talking about
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how budgeting can only really get you so far.
0:21
You kind of need to get to a point
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when you're asking to earn a little bit more money,
0:25
and that's where sight hustles come in.
0:26
And we're gonna be talking about some
0:28
of my favorite sight hustles, including extras work,
0:30
supermarkets outlink, mystery shoppers,
0:33
dog walking pets sitting, all of those
0:36
in today's episode towards one that you do not want to miss.
0:38
And if you're listening to this episode
0:40
and you're thinking, okay, this is really great.
0:42
I want to actually action this.
0:44
I want to create my own budget.
0:45
I want to start working towards a short term,
0:48
long term savings goals.
0:49
We've created IOU The Practical,
0:51
which is a seven-part video series
0:54
with Lucy Blackstone from She Should Care About.
0:56
So if you would like to see that,
0:57
we'll put the link in the podcast show notes.
0:59
But other than that, enjoy the episode.
1:03
This episode of IOU Some Money Education
1:06
is proudly brought to you by the Bank of New Zealand.
1:08
When you're just starting out,
1:09
managing your money should feel easy,
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so that you can focus on winning at whatever you're doing.
1:13
Whether you're flooding, saving to travel
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or making a career move,
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they have all the tools to help you master your money
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from the get-go.
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Thanks so much to the Bank of New Zealand
1:20
for making IOU Some Money Education possible.
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Don't forget to check out IOU The Practical Lessons
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to put what you're learning into practice.
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Find the details in the podcast show notes.
1:30
Hannah, thank you so much for coming back on the podcast.
1:34
This is really exciting,
1:35
because I think I love the way that you make
1:37
talking up, budging and money and everything,
1:39
just like easy and fun.
1:41
Yeah, I mean, I wish when I was your age,
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I'd had an account like that to follow.
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I think that you kind of in sort of five, 10 years,
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I think all of us, anyone in this space,
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will look back at the work we were doing
1:52
and be like, wow, this was really helpful.
1:54
It's so fun, though.
1:56
Like, I love it.
1:57
I love talking about money, I love budgeting,
2:00
I love helping people,
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yeah, think about how they can best
2:03
organize their accounts to suit them.
2:05
And I don't know, yeah, I've seen the stuff
2:07
that you guys post as well, I'm like, yes.
2:08
Like, I feel like everyone, we're getting it now.
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Everyone's good.
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I know.
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I think what was really great about what you shared
2:14
in the last episode for anyone
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that hasn't listened, definitely go back.
2:17
You don't have to have listened to that for this one
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to make sense.
2:21
But I think what Hannah really demonstrated
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in the way she spoke about how she splits her accounts.
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Obviously, we've got IOU, the practical,
2:27
which is the way that us at the curve split our accounts,
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the way that you were teaching
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and talking about it is a really slight iteration
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of that's kind of basically the same thing.
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But I think it's also just a reminder,
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you know, you'll find things that work for you
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and that don't, and there'll be tips and tricks
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along the way.
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And I recently had a total meltdown falling off the bandwidth,
2:50
even on us, even this morning, trying to get here.
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But I think to Hannah off, Mark,
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I had like a little meltdown at the transition
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because the trains weren't working.
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And I didn't have the right money in my account
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and it kept being like contact issuer, contact analysis.
3:01
Oh, you know, when sometimes it just rains at pause.
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And I've spent all this time trying to sort my finances out
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and then it doesn't work.
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I find it deeply frustrating.
3:13
But it's kind of the reality is that sometimes you do have
3:17
to revisit what hasn't worked.
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And in our last conversation, some of the homework
3:22
that we gave people listening was the idea
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of like checking your accounts often.
3:25
Oh, so good.
3:26
And then also, I didn't realize until recently,
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all my followers were telling me,
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is that a lot of these bank accounts actually
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have like a quick view.
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And so I've just moved to BenZ a few weeks ago.
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And when you open up the BenZ app,
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it literally has a quick view of your top four accounts.
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So like, I don't know this.
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I literally no idea that you could just open up your account
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without even logging in and seeing all of your accounts
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in case someone's like peering over your shoulder.
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And you simply look a quick view of your accounts.
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It's like, that's such a good way to make it a little bit easier
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to look at your accounts without looking at all of them.
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So it's like, okay, cool, I can select a few.
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It's so good.
4:01
I agree.
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And I think that was something I didn't do recently
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and it really caught up with me.
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What I'd love to speak to you about
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in this conversation, Hannah, is there's probably
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a lot of people that have done this for the first time
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or perhaps read on their budgets.
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They might be really gutted with what they found
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in terms of if they are following roughly a 50, 30,
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20 split, 50 on essentials, 30 on fund staff
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and 20 on investing in future,
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that actually there's like almost nothing
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really left over for investing, you know,
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which as we all know is really, really important
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if you want to get ahead financially.
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So I'd love to spend this episode.
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I know you're the queen of side hustles
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and of really making the most of the money you have
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and making more money.
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And I think that that really nifty approach to money,
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not just saving, but also making more,
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is super, super helpful for people
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that feel almost like victims of their circumstance.
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Like, oh no, this is not what I was hoping to find.
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So that's really what I would love to focus on today.
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And I feel like you can only budget so much.
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Like you only have a limited amount of money
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and so you could be a queen of budgeting, man.
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You could be so good.
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You could have like everything split off perfectly
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but it's like you're still limited
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by the amount that you're earning.
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So like how can you go and invest and increase your wealth
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if you just kept at the amount that you're bringing in?
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Like I think budgeting is so amazing
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and I'll never speak badly about it
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but it can only do so much.
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Like it's not gonna solve your problems and make you rich.
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That's the reality.
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I know and I think for people who aren't earning
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as much as they would like to be,
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but they're trying to follow this.
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They might have found that their essentials
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and then even just having a little bit of fun
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with their fun money means there's actually just nothing.
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There's no 20% because yeah,
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you can adjust how much you're spending
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in terms of your essentials kind of
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but that one's a bit more set.
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The fun piece, yeah, cool.
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You could totally cut that out.
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But also I don't know.
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I feel conflicted by this because it's the idea of,
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do you live now?
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Should you be restricting yourself to the point where,
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you know, you're sacrificing the fun for the future
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and we'll get to all of that in a second.
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But in, you know, tradition as of,
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I mean, is it a tradition we've done it now
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the South for the episode fire?
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I guess we can kind of call it a tradition.
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We would love to start just by a quick little snapshot
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of who's in the red and who's in the green.
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Never, not a million years, absolutely not.
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In the red.
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Green with envy or green.
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I kind of, I'm impressed with myself
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at the moment with my personal spending.
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I've really rained it in.
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I haven't, I really can't remember the last time
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they went out and bought something.
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So I'm really impressed with myself.
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So I feel like in that regards them in the green,
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but because I'm renovating it doesn't mean
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that like I'm going to be in the red for the next 10 years.
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Do you know what I mean?
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Every single week is going to be a bit rough.
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So I don't know.
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I think last time we said something about an orange
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so I kind of want to bring that back.
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Can we be in the orange again?
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Like I'm going to be like, I'm not good.
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But I do think and we can speak about this.
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Maybe it's another time and another conversation
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with regards to how you're making money through property.
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But also you're in the orange slash red,
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but it's an investment.
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I think it's always so different to being,
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you're not going to be able to get out of the amount
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you're spending on your house in a couple of weeks
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as a long term investment.
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So it's kind of almost, I would think
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if it is zoomed out from your monthly budget
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because you're investing.
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But totally, totally, but no, what about you though?
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I'm so bored of saying I'm in the red,
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but I'm in the red again.
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The reason I'm in the red this month
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is because so I recently taken over
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managing the curve finances as well as my personal finances.
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And I think what I've noticed
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is when I have accountability in anything in my life,
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I was even speaking to my cousin the other day saying,
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living with a partner, I find my accountability
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for everything is actually better.
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Even just small stuff like,
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I don't want to be scrolling on my phone and bed.
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I feel embarrassed by that.
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So I don't do it when he's around.
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But if it's too hot and we've in separate rooms,
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I will spend half an hour scrolling.
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So in the same way that this accountability thing,
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I've all of a sudden realized,
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like I always knew it with things like going to the gym,
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going with a friend, I find easier.
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But because I'm now doing the business finances,
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I used to be quite good at submitting,
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paying myself back, you know,
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in terms of if I've spent something on a work expense,
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whereas I've noticed in the last couple of weeks
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getting really lazy with that
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because it's up to me to pay me back.
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And so we did like a celebration dinner,
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a couple of weeks ago,
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we've got some exciting news that I think we've told you
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about like off-mic that we're going to announce in July.
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But basically we did a celebration,
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got over on flowers and had a nice dinner
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and did speeches, it was really cute.
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And I probably spent about maybe 400 pounds.
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And that was meant to be business, you know, spending.
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But I haven't reimbursed myself
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and I think I keep going to,
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and that's why I had this meltdown at the train station.
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I'm like, how am I two weeks into this month
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and I'm already declining to pay for my train?
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And it's just as because I've lost track of what was where,
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because I spent money that technically
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shouldn't have come out of my personal account.
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And now it's just like a shambles.
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You know, sometimes when you're like,
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oh, I'm so far gone with the admin now.
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Yeah, exactly.
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You give up.
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Yeah, I honestly, I'm a bit like, oh shit,
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like what do I do now?
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I think all the time, and I think one thing is
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that you've got to, staying on top of it
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is actually so important.
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Otherwise, like what you said,
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you'll feel so overwhelmed that you just go, I give up.
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I think that that's also flowing into other parts of my life.
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This is not going to be a therapy session,
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and we are going to move into more helpful advice.
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Yeah, I was actually saying to Hannah off mic,
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I feel kind of angry and frustrated,
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and yes, that could be my lootial face and hormones,
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but also I just think that I always underestimate
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how much stress in my finances,
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my personal finances comes into how I feel
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in other parts of my life.
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And coming in this morning like, yeah, fine.
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I had to stand on the side to figure out
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where I'm taking money from to tap onto the train, whatever.
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But I felt this deep sense of frustration,
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not just that, just kind of this weird rage feeling.
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And I don't often get that,
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but I know I get that when I'm really, really, really overwhelmed.
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And the only thing that I have to feel
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very overwhelmed about right now is that, like I'm fine.
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Work is fine, it's good, everything is great.
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I'm not like in this big spiral,
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but I think that recognizing how much your finances
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can impact the way that you feel and your mood,
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it's actually kind of enormous.
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Well, for me, I find it is quite big.
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Oh, massive.
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I think people don't realize the correlation
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between the weight that your finances can hold on you.
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And I'm feeling as well, you know,
10:47
with the renovation stuff,
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and I had the biggest meltdown the other day,
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and I just sat in the car and I just cried and cried.
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And I think it was like the deepest,
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like just, you just don't know what to do, you know?
10:58
So I think it is the reality,
10:59
is like money does hold so much weight over you,
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and your feelings and your emotions,
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and it is good to address it as well.
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But I think because money traditionally is so taboo,
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you can't talk about it with people,
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so you've got this massive part of your life
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that's weighing you down, you can't talk about it.
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So I think it is good to recognise this.
11:15
Yeah, and it's so interesting you say that you had
11:17
this sort of like big moment.
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I do think there's something,
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and that is especially for you, you know,
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like you've speak sort of openly about
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not spinning outside of your means,
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and like budgeting for things that you want to pay for.
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And when you have a renovation,
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that ends up costing more than what you expected,
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and you're having to then like relook at everything.
11:33
Yeah.
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When you go from feeling in control,
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kind of like I have in a much smaller capacity
11:37
than my personal finances,
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to then feeling out of control, it can be a lot.
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Especially when you're like,
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I've done all this stuff,
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but I did the things I was meant to do,
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I've been planned, you know, like stuff happens
11:47
and you kind of can't control it.
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But I don't know, maybe the learning is like,
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it's actually just okay, like emotions are a part of being human,
11:53
you're doing your best, like it's fine
11:55
that you've gone over budget, it's not ideal,
11:56
but you'll figure it out.
11:57
Yeah.
11:58
But maybe just like giving yourself the space to feel,
12:00
you know, and connect the pieces.
12:02
Like it's just so weird when that stuff starts
12:05
to become more obvious.
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And you're like, oh, A plus B equals C.
12:10
Totally, and I think it's nice though
12:11
that people also feel like,
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oh yeah, I'm in the same boat as well.
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And like we're all in the same boat.
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Like literally we all are.
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So we all feel the same things,
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whether it's on a smaller scale or larger scale,
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like it is, it's the same.
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That's a really good lead in actually Hannah,
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because basically what I wanted to speak about today
12:26
is the idea that it's this human feeling
12:30
where you measure your accounts and you realize
12:34
you can't afford to do all the things you want to do,
12:36
buy all the things that you want,
12:37
and you don't have money left over
12:39
to save for and invest the type of life you want in the future.
12:42
And I think that when you start tracking things closer
12:46
and you get more visibility,
12:47
you then start to realize, oh my gosh,
12:50
I really have to prioritize
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when you have to pull back on something here
12:53
or you may never have had to consider in such an obvious way.
13:00
The fact that you have a finite amount of finances
13:03
and lots of things that you want to do,
13:05
it's a really human experience.
13:06
Do you remember the first time you did your budget
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or even maybe it's a time recently
13:11
and you had to face that harsh reality of,
13:15
okay, I'm gonna have to cut back on things
13:17
before you went to bringing more money in.
13:20
How do you deal with the emotional side
13:23
of having to decide what gets cut
13:25
or what you no longer spend on?
13:28
Yeah, well, I feel like there were two times
13:30
in particular where I had to relook at my budget
13:33
quite closely and go, oh my goodness,
13:35
I need to start culling.
13:37
The first time was when I became a university student,
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I went from working full time, I was in Annie in London
13:42
and I became a university student
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and I was like, holy, like I actually have to relook
13:46
at my priorities and relook at where my money was going.
13:49
And then the second time was when I made the leap
13:51
which was crazy going from full time work
13:54
to only 10 hours per week
13:56
because I was gonna work on my businesses.
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And I remember going, oh my gosh,
13:59
I need to make 10 hour a week job, cover my expenses.
14:04
I need to live off 10 hours, which wasn't a lot of money.
14:07
And I remember like, I had my budget,
14:10
so I'd written down all my like,
14:11
this percentage goes here and here
14:13
and I just went full, like I just shrunk everything.
14:16
My shopping went from 200 a month to 50 a month.
14:19
My entertainment dropped from $100 to $10.
14:23
And how I ended up doing this was through substitutes.
14:26
Like substitutes and going, actually,
14:29
I love catching up my friends.
14:31
I always go for coffee or for like,
14:33
not much, I wasn't like big back then
14:35
but I would go for like an iced chocolate or something
14:37
because I'm not a coffee gal.
14:38
And I was like, well why don't I just go for a walk
14:40
and skip the whole coffee thing?
14:42
Or like, you know, if you go out for cocktails
14:44
or you go out for drinks,
14:46
why don't you just pre-drink at home maybe?
14:47
I know, it's like a little bit cheaper.
14:49
So it's like, it's still doing the things
14:51
that bring you joy, but how can you do it on a budget?
14:54
Yeah, and I also think, I don't know if this is,
14:57
I love that I'm asking you help man
14:59
and I'm giving advice as if I'm doing it myself,
15:01
which I'm not.
15:02
I need to cut stuff out of my budget for sure.
15:05
But also, I think if you can see it as a period of time.
15:08
So for example, it's not forever.
15:11
As long as you're not ever gonna go to a restaurant again
15:13
and you're never gonna have a cocktail out.
15:16
But maybe the sacrifice is for six months.
15:20
Totally.
15:21
You just, and I also wonder if this sort of saying no
15:25
or finding a work around, if you just make that the goal
15:28
every time you go to be asked to do something,
15:31
you don't have to constantly debate whether or not you can
15:33
because I've got some friends who,
15:35
I know they just had these rules for themselves
15:37
where in London, things are really expensive,
15:39
especially going out for meals and drinks.
15:42
So they'll always be the one to pick the location
15:45
and it'll be a pub, not a restaurant.
15:47
Or they'll always say no to group dinners
15:49
because they know they're gonna be,
15:51
you know, they have these workarounds
15:52
that are kind of their non-negotiables.
15:54
You almost need to find one of those boundaries for yourself
15:56
and then not have to constantly negotiate
15:59
with yourself every time
16:00
because I think it's like the emotional piece of saying no
16:03
if you're deciding would each thing
16:05
rather than deciding from the outset.
16:08
So maybe it also reduces the sort of willpower
16:10
that you have to rely on.
16:11
One thing that I talk about a lot on my platforms
16:14
is visualizing your savings.
16:16
Or what are you saving towards?
16:17
Because otherwise, if you're going,
16:19
oh, I just need to like not go on and buy coffee
16:21
because I need to save money.
16:22
That's really hard to do.
16:24
Okay, say for example, you're saving to go to Europe.
16:27
Oh, that's right, I'm not gonna buy that coffee
16:28
because I'm saving to go to Europe.
16:30
That's so much easier to do.
16:31
It's so much easier to go, yeah, okay, no, like all good.
16:34
I don't need to have a coffee.
16:35
I don't need to go and buy another cocktail.
16:37
Like I'm all good.
16:38
So I think it's really important to have the reason why.
16:41
So for me, when I went from full-time work
16:43
to 10 hours a week, it was going,
16:45
well, no, I'm not gonna buy that top
16:46
because it means I get to do what I absolutely love.
16:48
And I'm getting to build on my businesses.
16:50
I'm getting to grow my businesses.
16:52
So it's having something that you can actually go,
16:54
yeah, no, I'm doing this for a reason.
16:55
That's really important.
16:57
Okay, so let's say someone's looking at their budget
17:00
and they realize they need to do what you did,
17:01
which is call out stuff to have more money as a starting point.
17:06
It's almost like circling the things
17:09
that there's a bit of flex on.
17:10
I mean, things like your mortgage,
17:12
or your rent, or 60 on groceries is like not a lot.
17:18
So it's looking at the things that you could flex on,
17:23
putting those to the side,
17:25
trying to cut them down and then almost,
17:27
maybe making even a mantra or a thing,
17:30
the reason why you're doing that.
17:32
So every time you restrict yourself from it,
17:35
you can kind of reinforce the reason why.
17:38
Because I think that it's almost like,
17:40
in a way, everyone laughs at me for my vision board
17:43
that I have on my computer.
17:44
Oh, it's just about to say a vision board.
17:45
You need a vision board.
17:46
So I think I'm going to say my blank side.
17:47
I mean, I look at it now.
17:48
I actually didn't do one at the set of this year.
17:50
I did it the set of last year
17:51
and I look at the things that are on it.
17:52
It's so funny as well.
17:53
There's this girl dancing,
17:54
looking like so sexy
17:55
because I really wanted to dance class.
17:57
Oh, it's every time I open it.
17:58
It's like quite horny.
17:59
And people are like,
18:00
Oh, what's the,
18:01
so I'm on it's dancing.
18:03
I am, have you sure?
18:05
Oh, no, I have an I'm going, I need to do it
18:07
because I really feel so,
18:09
it's so fun to dance.
18:11
I'm not good at it,
18:12
but I enjoy it.
18:12
But anyway,
18:13
pointers, I actually have done a huge amount of what's on there
18:17
because it's this constant reminder.
18:19
Yeah, maybe it's if you're struggling emotionally
18:22
to cut stuff out,
18:23
put on your phone screen
18:24
or something,
18:25
the thing that you're choosing instead
18:26
to every time you got to swipe your phone,
18:28
you see the reason why you're not swiping.
18:31
But yeah, you kind of do have to hack your brain a bit, right?
18:34
Because it's unbelievably easy
18:37
to just make those decisions in the moment.
18:39
If you're not constantly trying to reinforce
18:41
the better thing
18:42
that you're choosing at a later date.
18:44
Totally.
18:45
And I guess it's not a no,
18:46
it's like a not yet,
18:47
like or not now.
18:48
I think that's kind of the important thing is
18:50
budgeting is not about restricting yourself.
18:52
So budgeting,
18:53
like we don't want you to feel like you're living this life
18:55
that's so tight and you're not,
18:57
not able to do the fun things that you want to be doing.
18:59
It's, I think the important thing is is that you,
19:02
you have that balance as well,
19:03
but potentially like what we talked about,
19:06
there is going to be a period of time
19:07
where maybe you do need to buckle,
19:09
what do they say?
19:09
You need to buckle down or something?
19:10
Knuckle down, knuckle down, knuckle down.
19:13
But also why knuckle down?
19:14
Like are we on all fours?
19:17
I think that that's all why though.
19:19
Making effort to a-know your numbers
19:21
but be almost attaching emotions to things
19:24
is actually really, really helpful.
19:26
You know, for me, I would love to buy a dog.
19:30
I really, really, really want a dog,
19:31
but I also don't want to have a dog
19:33
and not be able to go away and pay for really good care for it
19:36
or pet insurance for the dog.
19:38
Maybe it's like I need to put a cute dog on my background
19:41
so that every time I choose to not spend the things
19:43
that I've cut out of my budget,
19:45
yeah, I can see that.
19:46
And I'm like, oh, cute.
19:47
I'm getting a dog one day totally.
19:48
And I think we'll talk about that next time as well
19:50
that we, about the power of saving
19:52
and the power of what your mind can do as well
19:54
to visualize the saving.
19:55
Because otherwise it's really hard,
19:57
a really, really, really hard.
19:58
If you don't visualize it,
19:59
your mind is a freaking powerful thing,
20:01
yeah, you're powerful.
20:03
One of the things that I wanted to talk about
20:05
is the idea of, yeah, bringing more in
20:09
because this is your, I want to say bread and butter,
20:11
but I just think there's not that many people
20:14
that have had so much experience in side hustles.
20:18
But side hustles, I think make it sound like you're doing
20:21
an entire new job, which maybe in some cases you have
20:24
and is possible.
20:26
But ultimately, what we wanted to talk about today
20:29
is the fact that you may feel like there's only so much
20:32
you can do to control what you do with the money
20:35
once it's there.
20:36
There's a whole other lever that you can pull
20:40
which is the money coming into your account.
20:42
There's only so much that you can budget with your income
20:45
until you realize I actually have to start earning more.
20:48
So I think that's the part where you go
20:50
when you look at your budget and go, oh, I actually,
20:53
in order for me to invest the money that I want to invest
20:55
to route to life that I want to reach,
20:57
I am going to need to start bringing in money
20:59
and there's so many different ways that you can do that
21:01
whether you're looking at asking for a pay rise,
21:04
work your way up in a company,
21:05
but I think a really easy way is a side hustle,
21:08
a side hustle as literally as we talked about,
21:10
it's something on the side, it's in the name,
21:12
it's on the side.
21:13
And it's something you do when you're a uni student
21:16
or when you're working full time as well.
21:18
A lot of these things that I'm going to share next,
21:21
the side hustle that I tried,
21:22
you can literally do in your own free time as well.
21:25
So I think, yeah, that's really important
21:27
that when you look at your budget and you go, oh, my gosh,
21:29
there's only so much I can budget.
21:30
That's kind of the turning point when you realize,
21:32
okay, I need to potentially look into
21:35
another sorts of income.
21:36
Hannah, you are arguably one of the most entrepreneurial people
21:42
ever. You know, you have about 105 businesses.
21:46
So for someone that's listening to this,
21:48
who's thinking, I'm not really an entrepreneur,
21:50
I don't see myself in that way,
21:51
I don't really ever actually want to have my own business.
21:54
So then maybe then as a byproduct of that feeling
21:57
like side hustles maybe isn't for them.
22:00
Could we maybe reframe that?
22:02
Because I think that the idea of side hustle
22:05
has almost turned into the expectation you start something
22:08
and then it turns into your full time thing.
22:11
Yeah, at all. Yeah.
22:12
And that's not really the case, right?
22:13
The whole point here is actually, it's just extra money.
22:16
It's not a full, you're not trying to do a career shift.
22:20
You're not necessarily trying to evolve this
22:22
into something bigger.
22:23
It's just looking at what are your skills,
22:25
what time do you have and how can you use that
22:28
as an exchange to bring more money in?
22:30
100% all my side hustles that I did
22:32
were not about creating another business
22:34
or another company.
22:35
They are really easy ways for anyone across the world
22:39
to jump in and get some extra income.
22:42
Like it is really, it is a really easy way.
22:44
What are some of the best ones that you've done?
22:47
Maybe we start with the most successful
22:49
all the ones that kind of took you by surprise
22:51
as actually being quite good.
22:53
As examples of ones that ideally aren't so heavy
22:56
on the lift in terms of what someone has to do,
22:59
but actually has quite a big payback.
23:01
Well, okay, I first of all want to say,
23:03
you know how on my tech talk,
23:05
there's a lot of how to make like $9,000 an hour
23:08
if you follow me and you do this.
23:10
It's like, honestly, I have to preface
23:12
before I get into all these side hustles
23:15
that you actually are required to work.
23:17
These are not passive income ideas.
23:20
Like more legit.
23:21
I think so many people are wanting it sad.
23:24
Okay, I'm gonna say this,
23:25
but I think a lot of the younger generation
23:27
are just wanting easy get rich quick.
23:31
These side hustles require actual hours
23:34
of you physically being there.
23:35
And I think this is, it's quite sad
23:38
that everyone is trying to do the online,
23:41
the printables on Etsy.
23:42
They're trying to find these real passive ways
23:45
that they can make money.
23:46
These side hustles, they take a bit of a hard money, you know,
23:50
like you are actually going to have to work.
23:53
But I think that's just the one thing
23:54
that I want to preface before we get into it.
23:55
No, I think that's a really good starting point.
23:58
You have to decide, are you willing to either give up
24:02
spending on something to have more money
24:04
or work harder to have more money?
24:07
I listened to someone the other day,
24:08
it was a friend of a friend and for context,
24:12
the sky is probably 33, you know,
24:15
he's not exactly young.
24:18
And he absolutely has not built passive income
24:21
or particularly exciting career, sorry, to be rude.
24:24
But he said something along the lines of,
24:27
you know, I just want to be able to work
24:28
sort of like four or five hours a week.
24:30
And, you know, but doesn't want to sacrifice
24:35
the things he does with the money he has.
24:37
And it's like, maybe, maybe when you're 40
24:39
and you're incredibly experienced
24:41
and you're just on boards, you could get there.
24:43
But if you want more money,
24:45
it's not just going to land in your lab.
24:47
Totally.
24:48
I think a lot of people say to me,
24:49
oh my gosh, like, how did you get to the position
24:51
that you're at?
24:52
And I'm like, it took hours.
24:55
It took years of 90 hour weeks.
24:57
I was studying full time when I did all their side hustles
25:00
and all of these side hustles
25:02
that I'm going to go into are literally side hustles
25:05
that you have to be present
25:06
and you have to actually put in the hours.
25:08
It's really sad when people think
25:09
that they can just snap their fingers and get some money.
25:11
I worked so hard for free for a really long time.
25:16
Really?
25:17
Like, I did so many internships and so many jobs
25:21
and I was always the yes person
25:23
that was just going over and above to try and learn
25:26
and have a make a good impression
25:29
so that I could propel my career
25:31
because I knew that was the earning potential.
25:33
And yeah, I think the same thing for me,
25:36
a lot of people just sort of assume not
25:41
and also not that I'm sitting here making all this money.
25:43
But it's more anyone that is even remotely successful
25:46
has worked insanely hard to get there
25:48
or anyone that has a lot of money
25:50
unless they've inherited a ridiculous amount
25:52
has worked really hard for that.
25:54
And I just, I think you're right.
25:56
I think there's a bit of a disconnect between
25:58
what people are expecting to do.
26:00
So yeah, maybe we start looking at some of these,
26:03
the ones that from your side were quiet.
26:05
I love how excited you get by this.
26:07
I honestly, this is my favorite topic.
26:09
I'm so excited.
26:10
Why is it?
26:11
Is it just because it was like,
26:13
did it take a while to figure out how to do it?
26:15
What is it?
26:16
Because most people are,
26:18
A, have never tried it and be of no ideas.
26:20
You have millions.
26:21
Yeah, I don't know.
26:22
I think it just like, it throws me back
26:24
to such a good time in my life where it was hard.
26:27
Like I was literally working
26:28
doing so many side houses every single day.
26:30
But I'm like, oh my gosh, I got to experience so much.
26:33
I got to meet so many people.
26:34
Like it was just the best time ever.
26:36
And I just, I love helping people realize
26:39
that you can unlock so much more of your life
26:42
if you get in just a little bit more income
26:44
because that, you know, $200 per week,
26:46
you can literally invest there
26:47
and you don't know how powerful $200
26:49
compounded over a few years as by just doing
26:53
that one extra side hustle.
26:54
Like I want people to realize at their time,
26:59
this is really controversial,
27:00
doesn't have to necessarily like be on a Saturday
27:04
sitting down scrolling TikTok for five hours.
27:06
You could use those five hours
27:08
and you can actually do a side hustle.
27:09
And like what we said, we're prefacing,
27:11
side hustle does not mean you have to create your own business.
27:14
By no means these ones that I'm gonna go over
27:16
are literally companies across the world
27:18
that you can just join and sign up and then boom.
27:21
Okay, let's work our way through this list.
27:22
Okay, let's go over it.
27:24
So my absolute top one is an extra's work.
27:27
I, this is quite bad, but I saw that you could join up
27:31
and I lived two hours away from Auckland
27:33
and I decided I said to me and my brother,
27:35
my brother's like Paul thing, he was five years old.
27:38
He was really young and I convinced him
27:40
to spend all of his savings to go to this extra's agency
27:44
and you to pay $500 and you had to then sign up
27:47
to become an extra and I was like,
27:49
we're gonna get rich, like we're gonna be the next,
27:51
like I'm gonna be a Naniya, you know what I mean?
27:53
Like this is a Naniya.
27:55
legit and so we, that is a big red flag
27:58
and I will talk about this.
28:00
If your extra's agency that you're wanting to sign up to
28:03
is asking you for money upfront,
28:04
please do not join them.
28:06
That is literally the biggest red flag ever.
28:07
So sadly, me and my brother, I was like young,
28:11
I was actually like 10, I spent $500 towards this agency
28:15
and we didn't get any work because we lived so far away.
28:18
It is so, oh I know, shit, sorry,
28:21
but like that's terrible.
28:22
I know, I know, so sadly we did not get anything
28:26
but then I moved to a different agency
28:28
when I moved to Auckland.
28:29
So the thing is if you're listening to this
28:30
and you're anywhere across the world,
28:33
basically the next biggest city really is where
28:36
you'll get the work.
28:37
If you live in a small city or small town,
28:39
it's, you're not gonna get any work for extras.
28:42
London will have heaps, but Auckland,
28:44
Auckland is a massive hub of TV shows and movies
28:48
that they film in Auckland.
28:49
And so I joined up back in 2020.
28:53
I heard about it, obviously when I was younger,
28:56
but I learnt more about it when I was a bit older,
28:58
signed up and I did a heap of work.
29:01
Like I'm talking every, maybe every week,
29:04
I was on a different TV show,
29:05
a different Netflix show, Amazon show.
29:07
I was in, I was in a short trip for a bit
29:11
and then I went into being working for three months
29:14
on the rings of power, which is the Lord of the Rings.
29:16
And I was working on that full time.
29:18
Now here's the great thing, okay?
29:19
When you work on film productions, you get fed
29:22
like really well.
29:24
When I was on Lord of the Rings,
29:25
I would get fed breakfast lunch and dinner
29:28
because I was on set the whole day,
29:30
which means there was three and a half months of my life
29:33
where I did not go to the supermarket at all.
29:35
Like I was fully fed and it was the best food ever.
29:39
I feel like I gained like 10 KGs
29:41
because I was as soon as eating the whole time was amazing.
29:43
I mean, I want to do extra work.
29:44
I've all of a sudden just said,
29:45
you're right, there'll be heaps in London.
29:47
Heaps and this is the thing.
29:48
So the current pay that you get in New Zealand
29:51
is $250 per day, minus tax, minus agency fees
29:55
and agency fees is around 20%.
29:57
So that's kind of a universal thing.
29:59
So it isn't the most incredible amount of money
30:02
that you can earn every day.
30:03
However, I was a student
30:05
and I had to study every single day.
30:07
So I thought, hang on, why should I be studying at home?
30:10
I should just be studying on set.
30:12
Like I literally can bring my laptop and I can work.
30:15
So that was one of the coolest things
30:16
was that I was able to do what I already would be doing at home
30:20
and just get paid for it.
30:21
You make the most incredible friends.
30:23
Extra's work is amazing.
30:24
Now the other great thing about an extra agency
30:26
and there's so many agencies.
30:28
So if you're on Auckland,
30:29
the best extra agencies that I recommend,
30:31
the one that I was worth is called Fresh Talent.
30:33
Absolutely love them.
30:34
What Cam Talent, who was also amazing,
30:36
we've got BGT, these heroes and villains,
30:39
there's actually quite a few really good agencies.
30:41
But what these agencies will also do
30:44
is they have commercials that you could potentially audition for.
30:49
Now this is where the big money is.
30:51
So I did a Wendy's commercial.
30:53
What did you have to do?
30:54
Oh, it was really fun.
30:55
I was a check out chick.
30:56
And so I had the other Wendy's hat on.
30:57
It was so fun.
30:58
I had a check and so imagine you, quite cute.
31:00
I was so nervous.
31:01
I was really nervous.
31:02
I remember the director coming up to me
31:03
and he was like, can you like say it?
31:07
Not.
31:08
I don't know.
31:09
I feel like I was saying it really like, what was the line?
31:11
This was a Baconator ad.
31:12
And I remember saying like no bacon in the Baconator.
31:16
But I think I was so nervous.
31:17
I was like no bacon in the Baconator.
31:19
Oh, can you say it more realistic?
31:22
So anyway, we did it like 943 times.
31:24
But I finally, we got the tag in Happy Days.
31:27
But you earned like $5,000 for the day.
31:29
Like it was actually insane how much money you can earn
31:32
as a hero on a TV commercial.
31:34
And I remember this is the craziest thing.
31:36
I won't disclose the company.
31:38
But I was a featured extra in an American TVC.
31:43
I couldn't email from my agency saying, hey, Hannah,
31:45
I'm the final cuts come out.
31:47
And on top of your $250 that you made per day,
31:51
we've also realized that you are recognizable in the ad,
31:53
which means we're going to give you an extra bonus
31:55
of $3,000.
31:57
No way.
31:57
So because I was recognizable, I got $3,000.
32:01
There's so much money to be made.
32:02
Honestly, it's amazing.
32:04
You know, you can't guarantee it.
32:05
You do in order to become a hero or someone
32:08
with a dialogue speaking that you do need
32:10
to have some experience of acting.
32:12
But I highly recommend it.
32:13
Love it.
32:14
Here for it.
32:15
Second one.
32:16
Mystery shopper, have you heard of these?
32:18
Is it something to do with you go into shop pretending
32:21
to be doing something and you're like reporting back?
32:23
Yeah, it's so good.
32:25
Now look, it's not the most well-paying,
32:27
but it is really, really fun.
32:29
So what you'd have to do is you basically,
32:31
you go into a shop like what you said
32:33
and you pretend that you're just a customer,
32:35
but what you're doing is you're assessing
32:36
like how the store's laid out.
32:38
Is it clean?
32:40
How well or how like fast does the person come up
32:43
and how do they greet you?
32:44
So you could even dress up quite incognito, you know?
32:47
You could get a little bearer or you could have like,
32:50
you know, you could make it quite fun.
32:51
It's so much fun.
32:52
I remember my very first mystery shopper was
32:54
I had to do like a big furniture chain.
32:57
But when I accepted the job, I was only 16
32:59
and I had to go and like pretend that I was buying a fridge
33:02
and so no one took me seriously.
33:04
But no, it was, it was good.
33:05
That's really fun, mystery shopper.
33:07
So you could do there's extras work, mystery shopper
33:10
and there's events work.
33:11
Now events work, there's lots of different agencies.
33:14
One in New Zealand's could brand spanking
33:16
and you get to go and work at events.
33:18
You get to be the bar star.
33:19
I've done this.
33:20
I've done it and I loved it and it was fun.
33:23
All I will say is this was pre-being aware
33:26
of the power of being a young woman
33:28
and I didn't love, I mean it was almost like
33:32
this unknown sexual contract that you didn't know
33:34
was going on and if you were a bit flirty, you got tubs
33:37
and I think in hindsight I was like,
33:39
that was a bit of a key and I didn't love that.
33:40
But I worked places where people were really drunk
33:44
like the racers, stuff like that.
33:46
But then it was kind of fun though.
33:47
Did you find it fun though?
33:49
I did find it fun.
33:50
I found it really good to with friends.
33:51
I liked the idea of if it was on a Saturday,
33:54
we could go and do it together.
33:55
So at least you had friends there.
33:56
I mean all this stuff, you know,
33:58
back to what you said about like it's hard work.
34:00
You're on your feet for 12 hours.
34:01
It's definitely, but it is fun.
34:04
It's better than being, I mean I've done reception work
34:08
and stuff like that and I mean it's way more fun
34:10
being out serving stuff.
34:11
So much fun and I would always work at festivals
34:15
because I mean that I got the free ticket
34:17
to the festival afterwards.
34:18
So this is how I save money as I never paid
34:20
for shows or anything else in John.
34:22
I just listened to him while I was like
34:23
serving some, you know, some drinks.
34:25
So it's like win-win, you know, you're making money.
34:28
So that was really fun.
34:29
Events work.
34:30
Supermarket sampling.
34:32
Oh.
34:33
You know what you go into the supermarkets
34:34
and you see someone standing there giving out samples?
34:36
They're being paid by an agency.
34:38
And this is really fun.
34:39
It's like slightly embarrassing.
34:42
It was so slightly.
34:43
But it's quite good though.
34:44
I think if you're a good salesperson, you do,
34:46
because you calculate how many bags of products
34:49
do you have in store and how many did you sell.
34:51
And it's quite a cool way to try and like
34:53
test your sales techniques, you know.
34:56
So supermarket sampling is really good.
34:57
So we've talked about extra's work, mystery shopper,
35:00
events work, supermarket sampling, pet sitting.
35:04
Oh.
35:05
Sign me up.
35:06
This is so good.
35:07
This is amazing, okay.
35:09
When I was a student and I was living in my flat,
35:13
it was a pretty average flat.
35:14
Single glazing, it was freezing.
35:16
I was just going around and literally staying at people's houses
35:20
as a pet sitter.
35:22
I think I stayed at like 50 people's places.
35:25
It was kind of rogue.
35:26
But you would literally stay there and look after people's pets
35:28
and dogs.
35:29
Can you also do dog walking, looking after dogs,
35:33
but not actually living in their house?
35:35
Yeah, yeah, okay.
35:36
But does it make more money if you're living in?
35:39
So in Auckland or New Zealand,
35:41
there is a company called Porsche,
35:43
highly recommend, highly highly recommend.
35:45
I remember charging, I think only like $50 or $60 a night,
35:49
which isn't a lot of money when you think about it.
35:51
You're like, wait, actually, especially if you get a request
35:55
and someone's like, hey, I want you there all day,
35:57
like 24 hours a day.
35:58
It's like $50 is not worth it.
36:00
But if they're like, if it's just a cat
36:01
and they're like, yeah, we really want you there
36:03
for the evening and you can feed the cat
36:05
and you go to sleep and wake up.
36:06
It's like, well, you have to do that anyway.
36:07
You have to go to sleep anyway.
36:08
You may as well just be at someone else's house.
36:10
And okay, there was one store.
36:12
I have to share this.
36:14
So I got a request from a lady.
36:17
And she was like, hey, a little bit of a different one.
36:19
I own 16 cats.
36:23
I don't know if you know what this is.
36:24
This is literally my dream.
36:25
This is my dream.
36:26
I was like, sign me up, sign me up.
36:29
Honestly, I went in there and it was an absolute nightmare.
36:33
Like, I've never in my life been so overwhelmed
36:35
with so many cats.
36:36
It's stunk, so badly.
36:39
Cats, everyone, imagine just like them calling all over you,
36:42
which is totally fine if you love cats.
36:45
But here's the thing, I had my brand new journal
36:47
and it was like a fabric covered journal.
36:50
And next thing, I hear the scratching noise.
36:53
I look over and there's this cat clawing
36:55
at my fabric journal and like this really pulled it all up.
36:58
Has it put your off-cats indefinitely?
36:59
Or I love my cat.
37:01
But 16, I was like, it is kind of borderline getting crazy.
37:04
She was a crazy cat lady.
37:05
But that was, pet sitting is really good.
37:07
House sitting, pet sitting, dog walking.
37:10
It is really easy work.
37:11
If you love going for a morning walk,
37:13
why don't you just see if there's someone
37:15
that wants you to also walk their dog for 20 bucks?
37:17
Get paid to do what you're already going to be doing.
37:19
Do you know what I also think about all of these things?
37:22
I think that if you, if you can in your head,
37:25
almost preface the money that you're making
37:27
from this is going to your investments.
37:29
Therefore, it's not just 50, it's actually 1,000
37:32
when it's compounded, it'll be more motivating.
37:35
If you're staying the night with cats
37:37
calling all over your face for 50
37:40
and that's actually only paying for you to go out
37:42
for one dinner, as it worth it, probably not.
37:45
So I almost feel like if you can reframe the money
37:48
that is perhaps not as much as you would earn
37:50
in your full-time job.
37:53
But if you think about that money compounded,
37:55
it's so much more than maybe it's the motivation
38:01
you need to take less for something you wouldn't normally do.
38:05
Totally.
38:06
And like, you're all, I know I'm a big believer
38:09
that every experience is going to help shape you into
38:12
a better person like my grandma, she said this to me
38:15
and it's a quote that I love to live by.
38:17
She said, each day and each experience
38:18
shapes the person that you will become.
38:20
So even the supermarket sampling job
38:22
where you're standing there and you're trying to sell,
38:24
you'd even know about that skill
38:26
can help you so much 10 years time.
38:28
You know, it's funny actually,
38:30
this is quite a crazy story is that
38:32
there was a company that I sampled literally 10 years ago
38:36
and the company now, I'm working with them.
38:39
Like I'm actually going to work with them.
38:41
Yeah, it's a company that I absolutely love
38:43
and it's just crazy because I was there
38:45
from the very outset and they just launched
38:47
and I was there and I was there telling people,
38:50
educating people and then yeah, 10 years later,
38:52
we're working alongside of them for their community
38:54
and they remember the fact that I did
38:56
that some supermarket sampling as well.
38:59
I actually think that's a good example
39:00
of your also investing assets
39:03
which are not necessarily tangible at the time.
39:06
When I was using that example of working for free,
39:08
the contacts, the skills, the things that I learned,
39:11
yeah, maybe the pay wasn't there
39:14
and I personally don't think I would get an intern
39:16
for the curve that wasn't being paid.
39:18
I think it's kind of not okay now,
39:20
especially when the cost of living is absurd
39:22
but it's not just that exchange in that moment,
39:27
all of those things add up and even the idea
39:30
of selling at a supermarket, yeah,
39:32
maybe you're not going to be doing that as your job
39:33
but sales is the most integral part of almost every job
39:39
if you can sell and speak to people,
39:42
it's an amazing skill.
39:42
So I think it's actually a really good thing to bring up.
39:45
Totally and even like I would try and get to know the couple
39:49
and actually like drop them down in the back of my mind
39:52
or even write them down as who they are and what they do
39:54
because you never know that that connection
39:56
could help you so much more.
39:57
I think there was a crazy stat
39:59
that each new person that you meet is with $50 in your life.
40:03
Yeah, you obviously leave a good impression as well
40:05
because you never know what they're going to mean for you
40:07
in the future.
40:08
I actually did have a side hustle
40:09
which was babysitting when I was working full time
40:12
and I was like 21 and yeah,
40:14
that woman was a head of market at this big media company
40:17
and she ended up being kind of a mentor
40:19
because I got to know her in a way that was so intimate
40:22
and I was looking after her kid
40:24
so she was really grateful for that.
40:25
Like yes, she was paying me but yeah,
40:27
I think maybe it's not the traditional way
40:30
to meet people or to open up doors for opportunities
40:33
but it definitely does do that as a byproduct.
40:36
And yeah, going on to what you mentioned about babysitting,
40:40
babysitting, Nanny is a really good side hustle as well.
40:43
There's so many different agencies.
40:44
There was one amazing one in London
40:46
that I used all the time.
40:48
I was a Nanny that had the school hours off
40:50
and so while I was getting paid my full-time salary
40:53
I'd also go and babysit using on this app
40:56
and I'd go and yeah,
40:57
it was the most incredible side hustle
40:59
because you are also making a difference
41:01
in a child's life and an actual human's life.
41:03
Have you ever been told you're perhaps
41:04
the most hardworking person ever?
41:06
No.
41:07
No, I'm being serious.
41:09
But do people say that?
41:10
Because I mean, there's most people are not this driven.
41:13
I don't know, I just love to be busy.
41:15
No, it's so good.
41:16
Do you have any side hustles that you've done
41:18
that you can hand on heart say this
41:19
is not worth your time, don't bother?
41:20
I think it was going back to what I mentioned before
41:22
about the Etsy products.
41:23
Like look, that was me going,
41:25
you know, well, why don't I try this get rich quit comes again?
41:27
Like what, this guy's literally making $9,000 every minute.
41:30
Like why don't I also try that as well?
41:32
And what was it, is it selling stuff on eBay?
41:34
No, on Etsy, like selling a printable
41:36
and you create a printable and you chuck it online
41:38
and people can buy it.
41:39
Look, it just doesn't work.
41:41
And these are things that are like,
41:42
they meant to be this passive income ideas, some work.
41:45
Like I follow people on TikTok
41:47
and they're earning amazing money
41:48
through these passive streams.
41:50
But I just think,
41:51
I don't know, I'm a big believer
41:52
and you just got to get out there and actually work
41:54
and put in the hours.
41:55
I also on YouTube.
41:57
So look, this is a site also that I dabbled in,
42:01
made me a solid zero dollars.
42:03
So apparently what something that makes people millions
42:07
is you know, when you play the YouTube video
42:10
and it's just like three hours of like,
42:11
I am a fireplace.
42:12
Yes, love that.
42:13
Like that person's literally getting paid bank,
42:15
like absolute bank and I was like,
42:17
sign me up, let me do it.
42:18
So what I did is I created this royalty free YouTube video
42:22
for three hours long of like piano music
42:24
and I called it the best studying playlist.
42:26
And I had just like beautiful imagery and stuff
42:29
and there's like fireplace going and I was like,
42:31
great, like let me just watch the money roll through.
42:34
I think I checked the other day.
42:35
I'm all like nine views in total.
42:37
So I'm really not tracking that well.
42:39
So I really think I just need to go back to my like,
42:41
my other side houses.
42:42
Stick to your nesting, you know?
42:43
I know, I know.
42:45
Newspaper delivery, look, that's a tricky one.
42:49
That's a hard one, it's hard on the legs.
42:51
Buy and sell clothes from op shops as well.
42:53
There was a relatively good one.
42:54
It just is really time consuming
42:56
and you don't know if it's actually going to pay off.
42:58
If you have great taste, that actually can,
43:01
like one of my friends has this really cool brand.
43:03
You speak all dimes vintage
43:04
and I should find out what it's called now.
43:05
I actually should link it in the show notes
43:06
because she's so amazing taste and she does that.
43:10
But yeah, it is, it's more time consuming than you think.
43:12
You have to really have a good eye
43:13
to pick out the right thing to be able to charge more.
43:16
No, totally.
43:18
Can I get a cash in burn?
43:20
OK, so we've done the section before we did it
43:23
at Lucy Blackstone.
43:24
She asked her community for stories
43:27
that were a bit absurd in terms of things
43:29
that had to use emergency funds for and whatnot.
43:31
And I feel like you put this out to your community
43:35
to see what kind of weird side hustles would come in.
43:38
Can we share some of those?
43:40
Oh, these are crazy, OK.
43:42
These actually really, really cool.
43:43
So I'm going to read out these five of them.
43:45
One girl seat, I've started macking
43:47
university assignments at my former university.
43:49
I earn four to $5,000 a semester.
43:52
Isn't that crazy, depending on how many courses I look after?
43:55
What a genius.
43:56
That's wild.
43:57
I'm like, that is so cool.
43:58
Another one said, love a good side hustle.
44:00
Once semester at university, I did a horticultural
44:03
elective class.
44:04
And we planted a heap of fruit trees seedlings
44:06
by the end of the class.
44:07
No one wanted to take them home.
44:08
So I ended up taking them home approximately 200.
44:11
And I repotted them into bigger pots and bigger
44:14
and then I sold them off to the community
44:17
and it earned about 800 bucks.
44:19
Good on her.
44:20
That is hard work.
44:21
Yeah, that is hard work.
44:23
OK, this is my absolute favorite.
44:25
So one girl said, this is crazy.
44:28
Literally calling a lady in America
44:31
as her human alarm clock
44:33
with a specific question to help her start her day right.
44:37
No, you're joking.
44:38
It was on Fiverr.
44:40
I was doing voiceovers and she contacted me
44:43
asking if I would do it.
44:45
I was living at Thailand at the time
44:46
so the time zone was very convenient.
44:48
It was an evening for me, morning for her
44:50
and she had set accountability
44:52
sort of like questions to start her day.
44:54
You're absolutely kidding.
44:57
Sorry, can we wait for a second?
44:59
Think about when you wake up.
45:01
The last thing that you want us to hear an alarm
45:03
to, you know, you don't want to be waking up, right?
45:05
Everyone wants to say a sleep.
45:07
Imagine a stranger from the other side of the world
45:09
calling you
45:11
in the most intimate moment.
45:13
I wonder how she starts it.
45:15
Does she just start with quick?
45:16
What's the answer?
45:17
What's pie?
45:18
And she's frazzled, you know?
45:19
I'm like, I wonder actually how she did it.
45:21
Or maybe you've got a slowly easer
45:23
and you're like, hi.
45:24
Good morning.
45:25
And like, maybe she's got a really beautiful voice.
45:27
To be fair, she's a voiceover artist.
45:28
Maybe she's got like a lovely voice.
45:30
And in another person said,
45:31
they solved the university notes as well.
45:33
Which is also genius.
45:34
You've got them.
45:35
Is that illegal?
45:36
Maybe not.
45:37
Maybe we should cut that out.
45:39
No, I'm like, I mean, I guess if you're not cheating, right?
45:42
It's called Studio Stude Docko.
45:45
Maybe it's not.
45:46
I mean, I guess you're just sort of selling the notes
45:48
you took, right?
45:49
Exactly, exactly.
45:50
It's fine.
45:51
It feels a bit gossip girl, you know?
45:52
Like Chuck having someone go to do his assignment.
45:55
Legit, legit.
45:56
But yeah, I think honestly, the girl, the human alarm clock,
45:58
she wins it for me.
45:59
Oh, that's so funny.
46:01
One thing I think might be quite good to end on.
46:03
And I know that this is coming from a place
46:07
where right now, you know, you did mention at the start,
46:10
you had a little moment to yourself and the car.
46:13
Overworking yourself or stretching too far
46:17
is actually, you know, can be quite detrimental
46:20
and almost do the total opposite.
46:22
Where maybe you burn out and know that's a really overused term
46:25
but you get to a point where you can't even do the bare minimum
46:28
and then you don't have the base that you started with.
46:31
And it's because you've stretched yourself too much for side hustles
46:35
or making more money.
46:37
What are your thoughts on short term burs first burning out?
46:42
Where and how do you draw the line in terms of making sure
46:45
that you're not trying to do too much?
46:48
I feel like I'm the worst person to ask about this.
46:51
Oh, I, if I was to talk to my younger self,
46:56
I think I went through this time where I hustled so hard
46:59
that I completely neglected my health.
47:01
Like I neglected my health, I neglected my friends and my family.
47:04
And looking back at that, I'm like, that was not worth it.
47:08
Okay, we're talking about side hustles
47:10
and the importance of side hustles.
47:12
But then like, maybe I pushed myself a little bit too much
47:16
because I did pretty much all of those in one year
47:19
and I was working these crazy hours.
47:22
I guess if I just did one less,
47:24
would I have been worse off or would I be better off?
47:28
I probably would have been actually better off
47:30
in terms of my mental health, my physical health,
47:33
and my social health.
47:34
Like I would have been more connected.
47:36
I would have had, I would have had better friendships.
47:38
I would have been closer to my family.
47:39
I would have had a healthier body.
47:41
So I think there is this really fine balancing line of going,
47:45
okay, like how much am I waking up and clocking on and working
47:50
and then clocking off and going to bed.
47:52
There's no time for me to work out.
47:54
I feel like your health is actually going to end up costing you
47:56
a lot of money in the future.
47:59
So actually what's worth, is it worth you actually
48:01
burning yourself out so much right now
48:03
and then actually that's going to cost you a lot of money.
48:05
A lot of money in 10 years time when you find out
48:07
that you've got fatigue and you've got all of this
48:09
because of what happened 10 years ago.
48:11
So I think it's that balancing line and honestly
48:14
to be completely transparent.
48:15
I'm still working on that and I'm still learning
48:18
and I'm still deciding what is the best way.
48:22
Am I saying no to more things?
48:24
Potentially saying no to things I don't necessarily
48:27
bring to me joy.
48:28
But saying yes to things like meeting up with my best friend
48:31
and actually sitting down with her and chatting
48:33
rather than going on, I should probably work instead.
48:36
You know, it's just fine.
48:37
It's saying yes to the things you should say
48:39
you should know to the things you shouldn't.
48:41
But it is interesting as no because I think when you start
48:43
getting on that bandwagon of I can make more
48:46
and I can spend every minute or second earning more money,
48:50
sitting and catching up with a friend,
48:52
you're probably hyper aware that that's actually money
48:55
and it can get into a bit of a toxic spiral I think.
48:58
Totally, totally.
48:59
So yeah, I think that's a really hard one
49:01
and I don't have a really good answer I feel.
49:03
It's just, it's a journey, but it's one you need to weigh up
49:07
because what is actually worth it in the long term as well?
49:11
Maybe we finish with an extra credit.
49:15
I figured out how you're going to earn that extra credit.
49:18
Maybe the extra credit here for this month,
49:23
for anyone that has been listening to IOU this whole time
49:26
is just to say, okay, ideally I'd love to have some more money.
49:29
Look into some of these, make some calls,
49:31
decide how much of your time you'd like to spend
49:34
to bringing in more money and please let us know
49:37
anything that you decide to do that you don't do.
49:40
I think, yeah, like learning from Hannah in terms of hearing
49:43
all of the things, there will be other people
49:45
that have great side hustles or you know,
49:47
things that don't work and things that don't.
49:50
So, please report back with any of that.
49:53
And Hannah, I know we did this in the last episode,
49:56
but if anyone that would like to find more out
49:59
about the amazing work that you're doing,
50:01
watch all the different platforms and places
50:03
that they can find you.
50:04
Mainly TikTok and Instagram.
50:06
It's just my name, Henrik Marcus.
50:08
I've got a lot of content around.
50:10
If you're a university student,
50:11
do you want me to make a bit of money?
50:13
Lots of side hustle videos as well.
50:14
I do a liberator heat more on all of these individual side hustles
50:18
and then what agencies you should use if you're in Auckland or New Zealand.
50:21
So, yeah, come find me there, flip me a message as well
50:23
if you've got any Christians.
50:24
Amazing.
50:25
Okay, thank you so much, Henrik.
50:26
No worries, thank you.
50:28
And that is it for IOU, some on education.
50:30
This is now fifth instalment.
50:33
I'm thinking we've probably got a little bit more
50:35
we need to talk to Hannah about,
50:36
so we might trick her on again.
50:37
Well, third month in a row.
50:39
Thank you, Henrik.
50:40
If you would like to learn kind of the step by step
50:43
how to budget save in the past,
50:44
we do have IOU practical.
50:46
So, this is something that we recorded with Lucy Blackstone
50:49
from Sheet You Should Care About
50:50
and it is a really easy, seven-part video series.
50:54
It's like a podcast, so you can listen
50:56
while you're running, walking, hanging out with friends,
50:58
whatever, it's very, very easy to follow
51:00
and we'll put a link to that in the podcast show notes.
51:02
Thank you so much, the Bank of New Zealand
51:04
for sponsoring this episode of IOU Some Money Education.
51:06
There is an art deciding something new
51:08
and just like any art form, you need the right tools to make it work.
51:11
Whether you're flattening or you're saving to travel,
51:13
maybe you want to make a career move.
51:15
The Bank of New Zealand has the tools to help you
51:17
master your money from the get-go.
51:19
And don't forget to check out IOU The Practical Lessons
51:21
to put everything that you've been learning into practice.
51:23
You can find the details in the podcast show notes.
51:26
Okay, quickly.
51:27
The curve was created to empower and educate you about investing
51:29
but we are not financial advisors.
51:32
Our platform exists for educational purposes only
51:34
and it doesn't provide personalized investing advice
51:36
for your individual needs and should not be relied upon
51:39
to make an investment or financial decision.
51:41
And always remember to do your own research
51:43
before making any investment or financial decision.
51:46
We're here for any knowledge and support you need
51:48
but the final call is always yours.
51:50
And thanks for being here.
51:51
You got this.
51:52
Yeah, we know you got this.