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MONEY DIARIES: Supporting a Partner Through A Health Emergency · She's On The Money

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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
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Speaker 1: the Order Kernye Whoalbury and a waddery woman. And before
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Speaker 1: we get started on She's on the Money podcast, I
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Speaker 1: would like to acknowledge the traditional custodians of the land
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Speaker 1: of which this podcast is recorded on a wondery country,
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Speaker 1: acknowledging the elders, the ancestors and the next generation coming
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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
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Speaker 1: and the storytelling of you to make a difference for
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Speaker 1: today and lasting impact for tomorrow.
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Speaker 2: Let's get into it.
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Speaker 3: She's on the Money, She's on the Money.
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Speaker 2: Hello, and welcome to She's on the Money, the podcast
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Speaker 2: for millennials who want financial freedom. Welcome back to another
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Speaker 2: one of our money diaries where I get the absolute
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Speaker 2: privilege of sitting down with one of our She's on
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Speaker 2: the Money community members to talk all about their money story.
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Speaker 2: Let's jump straight in because this week I got a
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Speaker 2: message and it sounded exactly like this. Hi, Victoria. We
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Speaker 2: burned through all our savings after my partner got suddenly
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Speaker 2: ill and couldn't go to work for three months. Now
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Speaker 2: we're working to build it all back up again, money diarist.
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Speaker 2: I feel like this is going to be an unfortunately
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Speaker 2: very relatable money diary for a lot of people in
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Speaker 2: our community. First things first, how are you?
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Speaker 4: I'm pretty good.
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Speaker 2: You're very excited to be Oh really, I'm excited to you.
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Speaker 2: Money dirests so literally my favorite thing in the entire universe.
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Speaker 2: So getting to record them every week is my favorite.
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Speaker 2: Let's start things as I always do. I want to
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Speaker 2: know if I asked you to grade your money habits
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Speaker 2: from A through to F, what grade would you give them?
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Speaker 4: I'd give myself a B.
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Speaker 2: Like that? All right, now my favorite question, can you
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Speaker 2: tell me a little bit more about your money story?
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Speaker 5: So like, basically I grew up pretty well, Like my
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Speaker 5: parents worked really hard and we always had like a
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Speaker 5: stable house, and you know, we never went without anything.
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Speaker 5: And then the moment I turned sixty, my mom was like, Okay,
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Speaker 5: you're old enough to get a job. Go get a job.
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Speaker 5: If you want anything, you've got to earn it. And
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Speaker 5: so like that's basically what started it. Anytime I wanted something,
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Speaker 5: I had to say about for it myself. Typically unless
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Speaker 5: it was like something kind of expensive, then Mom would
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Speaker 5: help me.
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Speaker 4: M went to Union, I met my partner.
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Speaker 2: Oh you met at Uni?
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Speaker 1: Yeah?
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Speaker 5: I love this first year of beauty. I was like,
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Speaker 5: I mean I have such a crazy year. And then
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Speaker 5: immediately got a boyfriend.
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Speaker 4: I was like, ohops, yeah.
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Speaker 2: That sounds exactly like me. I like got out of
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Speaker 2: my long term relationship and I'm like, I'm going to
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Speaker 2: be a single gal go on it in to date
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Speaker 2: with my husband Steve and I'm like, Hi, do you
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Speaker 2: want to get married?
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Speaker 4: Sounds like right, yeah.
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Speaker 5: And he had a very different mindset to me. So
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Speaker 5: he was very much a spender.
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Speaker 4: And he had a very different childhood.
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Speaker 5: So his parents said, immigrated to Australia from Vietnam and
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Speaker 5: they grew up quite poor and it was a very
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Speaker 5: rough childhood.
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Speaker 4: They like often went without things. I would go to
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Speaker 4: bed hungry.
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Speaker 2: You know.
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Speaker 5: It was a very tumultuous relationship even into adulthood, and
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Speaker 5: it was pretty unstable, and it kind of translated across
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Speaker 5: into our relationship where like he was a spender and
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Speaker 5: I was a saver, and it ended up causing a
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Speaker 5: lot of fights. Yep. And it got to a point
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Speaker 5: earlier this year where I said, hey, I've actually given
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Speaker 5: you so much opportunity. I've given you so many resources,
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Speaker 5: I've spoken to you about this, haven't made any changes.
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Speaker 5: This is essentially your final chance do what I And
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Speaker 5: then it was kind of like lit a fire under
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Speaker 5: his ass.
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Speaker 2: And good, how long had you been together at that point?
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Speaker 4: This is our fourth year?
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Speaker 2: So four years okay, So four years like enough time
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Speaker 2: to have settled in. It's not like the first six months,
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Speaker 2: because that would be honestly a bit weird.
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Speaker 4: Yeah, no, definitely not. It was a long time.
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Speaker 5: And then it was also a listened to like a
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Speaker 5: money story and was someone that had very similar childhood
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Speaker 5: and we're doing really well, and it was kind of like, oh, wait,
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Speaker 5: I don't have.
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Speaker 4: To to to let what my parents did define me.
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Speaker 4: I guess yeah, And so that was really good.
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Speaker 5: And then we were doing quite well, and it was
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Speaker 5: probably about two months of we were doing so well
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Speaker 5: and we're saving so much money, and then we're sitting
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Speaker 5: and we're watching the footy at a friend's house and
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Speaker 5: he turns to me and he goes, Molly, I can't
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Speaker 5: see the scoreboard. And I was like, what, You're fine,
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Speaker 5: We're just drinking. You're fine. And it happened for and
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Speaker 5: it'd been fine and it had gone away and whatever,
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Speaker 5: and we were up in the morning. He's like, Nah,
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Speaker 5: I need to get someone to look at it. So
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Speaker 5: we went and saw a NU pometrist. Yeah, and he
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Speaker 5: was like, you need to go the Irony emergency, Like
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Speaker 5: right now, I'm sending a referral. And he spent a
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Speaker 5: few days going back and forth and seeing like every specialist.
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Speaker 4: You know.
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Speaker 5: At the start, we were quite reckless and we're kind
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Speaker 5: of like buried her head to the stand. We're like, oh,
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Speaker 5: spending way too much money basically, and he couldn't go
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Speaker 5: back to work for three months.
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Speaker 2: Wow.
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Speaker 4: And we ended up surviving off of our savings.
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Speaker 2: I'm so glad you had them, very very luckily.
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Speaker 5: It was like a message from the universe almost be like, here,
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Speaker 5: let's drive this lesson home.
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Speaker 2: Yeah, we're really going to teach you to take financial
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Speaker 2: security seriously. When she said shape up or ship out,
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Speaker 2: she really meant to take it seriously. I mean, the
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Speaker 2: universe had your back in a really weird way.
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Speaker 5: Yeah, And it ended up being three months that he
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Speaker 5: was out of work.
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Speaker 4: Kind of lucky. We had the tax return come through, which.
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Speaker 5: Both of us had to put towards our cars, like
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Speaker 5: someone stole his license plate two weeks into this happening.
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Speaker 2: It was like the hair.
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Speaker 4: Yeah, it was kind of crazy.
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Speaker 5: So and then we had to do like all the
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Speaker 5: registration fees and yeah, wow at service, I can't get
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Speaker 5: you tied. So both all our tax turn went to that,
5:37
Speaker 5: and then we were quite a lucky. We were able
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Speaker 5: to borrow some money from some of his family members
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Speaker 5: who were doing better, and he had the tool and
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Speaker 5: come through because he's an apprentice, so that helps us.
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Speaker 5: And then kind of got to the third month and
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Speaker 5: we had that month's rent left and then after that
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Speaker 5: we had nothing left, and we were lucky.
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Speaker 4: He was able to go back to work. Yes, I'm
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Speaker 4: so glad had kind of returned.
6:03
Speaker 5: So when it started, it was more so like a
6:06
Speaker 5: gray circle and a bit of peripheral vision in one eye,
6:09
Speaker 5: and then now it's kind of back to he can see,
6:12
Speaker 5: but it's extremely blurry out of that one eye.
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Speaker 2: So is there a diagnosis? Like what is this?
6:17
Speaker 5: So they've narrowed it down to two things, but they
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Speaker 5: can't diagnose them, so he's being treated for both of them.
6:23
Speaker 5: So the first one was he's like a latent carrier
6:26
Speaker 5: for tuberculosis. Yeah, crazy, and they think that it could
6:29
Speaker 5: have become activated in his eye, but you can't treat it.
6:33
Speaker 5: So he's on speculous medications for four months, which is
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Speaker 5: powerful and really damages your livery and everything like that. Wow,
6:40
Speaker 5: it's like a really rare autoimmune disorder that's common in
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Speaker 5: people of Asian descent, but they can't really diagnose that
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Speaker 5: either because most of them carry that.
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Speaker 4: Sort of gene. Yeah, okay, they can't prove whether it's
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Speaker 4: become activated or not.
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Speaker 2: Yes, So you've got to hit it from both sides
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Speaker 2: because like it might be the TV or it might
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Speaker 2: be this autoimmune disorder. Oh my gosh.
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Speaker 5: Yeah, So he's been on like that as well as
7:02
Speaker 5: mean like suppressants and like some.
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Speaker 4: Really powerful medications.
7:06
Speaker 5: But it's most likely the ordom you disordered, because he's
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Speaker 5: got a lot of the symptoms for it.
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Speaker 4: Yeah, okay, And like when this is all.
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Speaker 5: Happening, we'd applied for cimlin and you know, for emergency payments,
7:17
Speaker 5: and he'd gone back to work before we'd even heard anything.
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Speaker 5: And it was kind of really stressful because around them.
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Speaker 5: At the same time, we found out that our lease
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Speaker 5: price is going up two hundred dollars when so like,
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Speaker 5: we're gonna have to.
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Speaker 2: Read the universe is like trying to teach you something,
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Speaker 2: and I'm really not sure what it is.
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Speaker 4: I don't know whether it hates us or not.
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Speaker 2: No, like the universe doesn't hate us. It's trying to
7:38
Speaker 2: teach us something in a really weird way.
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Speaker 4: Really harsh way.
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Speaker 5: So we're having a move and it's like, you know,
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Speaker 5: we don't really have the savings to move, so we're
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Speaker 5: going to have to move in with his little brother,
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Speaker 5: which is going to be tough, but you know, it
7:51
Speaker 5: will save some money. We did the settlink and then
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Speaker 5: if after like thirteen weeks and they don't give you
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Speaker 5: a response, you can call them and complain.
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Speaker 2: Like, but that's so long, that's like a quarter of
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Speaker 2: the year.
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Speaker 4: Yeah, it's been ridiculous.
8:04
Speaker 5: Oh and like he tried to go in and speak
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Speaker 5: to They're like, you need to make an appointment, and
8:08
Speaker 5: they're like, oh, okay, So he tried to call to
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Speaker 5: make an appointment and then.
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Speaker 4: He was blocked from calling. What Yeah, if you call
8:15
Speaker 4: too many times, sendely blocks.
8:16
Speaker 2: You excuse me, sentling, It's like your problem, I'm calling
8:20
Speaker 2: because you're the issue. That's a toxic X.
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Speaker 4: I know it's ridiculous. Oh, it was doing my head.
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Speaker 2: In Next time, get this, just call them off blocked numbers.
8:31
Speaker 2: I'm never giving Center Link my number again.
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Speaker 5: Like it does that, but you have to put in
8:36
Speaker 5: your crn Oh no, it picks up and they're like, oh,
8:38
Speaker 5: you can't call, you need to go in, and it's like,
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Speaker 5: you can't go in unless you're make an appointment.
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Speaker 4: You can't make an appointment without calling.
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Speaker 2: They're rigged it. They know, they know what they're doing.
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Speaker 4: Oh it's messed up.
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Speaker 2: No wonder there's always so many people loitering outside centilling
8:52
Speaker 2: because no one knows how to get in or get
8:54
Speaker 2: an all.
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Speaker 5: Yeah's angry, but we're kind of grateful because I like
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Speaker 5: when Swift putting this complaint. A few days later, we've
9:00
Speaker 5: been approved. So we've got to get study pay of.
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Speaker 4: Four thy eight hundred dollars, which is basically so much
9:06
Speaker 4: pressure off ry. So it's like amazing, Like probably better
9:10
Speaker 4: we got.
9:10
Speaker 5: It after rather than dream because we probably wouldn't have
9:13
Speaker 5: had all that to put into savings.
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Speaker 2: See, the pressure has been taken off a little bit.
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Speaker 5: A lot, and we're still saving as much as we
9:20
Speaker 5: could really, so like he's been putting most of his
9:22
Speaker 5: paycheck away while we can.
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Speaker 2: So yeah, oh my gosh, how stress how are you
9:27
Speaker 2: in all of this?
9:29
Speaker 5: I was having a meltdown, Like I was so freaked out.
9:31
Speaker 5: I was so stressed, Like I was like.
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Speaker 4: When it first happened, I was like crying at work
9:35
Speaker 4: because I had to go.
9:36
Speaker 2: Into work and of course we need the money.
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Speaker 5: And I was like crying at work and it was
9:40
Speaker 5: just so ridiculously insane and.
9:45
Speaker 4: Just all of like when you went back to work, I.
9:47
Speaker 5: Literally nearly fellow because I was so relieved, Like and
9:51
Speaker 5: same thing with the center link. I was like, which
9:53
Speaker 5: just feels like so much weight it's been taken off.
9:55
Speaker 5: Like it was so stressful.
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Speaker 4: And then like when I'm stressed, you get like flare ups.
10:00
Speaker 2: Yeah wow, And like are you dealing better with that now?
10:05
Speaker 4: Yeah? I'm always stressed, but like a lot better than
10:09
Speaker 4: what I was.
10:10
Speaker 2: I don't want to be that friend, but like maybe
10:14
Speaker 2: we need some therapy.
10:15
Speaker 4: Yeah probably.
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Speaker 5: I did used to get it, but I stopped going
10:20
Speaker 5: because it's fenny.
10:21
Speaker 2: It's so expensive, right, and that's like a kick in
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Speaker 2: the gut. So I don't want to be your doctor here,
10:26
Speaker 2: but like go talk to your doctor about getting a
10:28
Speaker 2: mental health care plan and talking to somebody who is
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Speaker 2: like a third party, because it is stressful, right like,
10:34
Speaker 2: regardless of what your partner like has or is going through,
10:39
Speaker 2: Like that's such a burden on you, and like your
10:42
Speaker 2: partner doesn't like want that. No one wants that, right like,
10:45
Speaker 2: And you don't feel like it's a burden because of
10:46
Speaker 2: course you're going to do that for your partner, Like
10:48
Speaker 2: i'd been here the backwards if my husband was sick
10:50
Speaker 2: like a thousand percent, but like, sometimes you need a
10:53
Speaker 2: third party who's not your family and not your friends,
10:56
Speaker 2: who honestly, like you know, i'd sit down and be
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Speaker 2: like money Diarist, you're amazing, like of course, of course,
11:00
Speaker 2: and you're gonna be like, of course you're gonna say
11:02
Speaker 2: that you're my best friend. Like you need a third
11:04
Speaker 2: party to sometimes talk things through. So you go, oh,
11:07
Speaker 2: that makes sense as to why I was, you know,
11:09
Speaker 2: crying at work and so stressed. And it's something that
11:12
Speaker 2: I think if you knock it on the head now,
11:15
Speaker 2: it's not gonna linger later. And I think that that's
11:18
Speaker 2: a good thing because like we can carry stress, so deeply,
11:21
Speaker 2: and it sounds like that's something we need to talk about.
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Speaker 2: My friend.
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Speaker 4: Always I try to.
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Speaker 2: I appreciate it, all right. You mentioned crying at work,
11:30
Speaker 2: which sucks. I'm so sorry that's the case. But tell
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Speaker 2: me about work. What do you do for work and
11:34
Speaker 2: how much money do you earn?
11:36
Speaker 4: So I'm actually a full time student. I study pharmacy.
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Speaker 2: Oh, very cool, she's going to be a richie.
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Speaker 5: And I work in a pharmacy part time and I
11:46
Speaker 5: end thirty three thousand dollars a year.
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Speaker 2: Hey, that's pretty good for part time as a student.
11:52
Speaker 5: I do like twenty hours a week, but I pick
11:54
Speaker 5: up heaps of shifts.
11:56
Speaker 2: So cool. Tell me a bit more about pharmacy.
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Speaker 4: Oh, it's so fun. I love it.
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Speaker 5: Like I work in a community and a pharmacy, and
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Speaker 5: I have really great co workers and we're in a
12:05
Speaker 5: really good area.
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Speaker 4: And like it is hard, like we do cople a
12:09
Speaker 4: lot of abuse, no why people like the But then
12:13
Speaker 4: like we have customers like buns.
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Speaker 5: I was getting abused, and then one of our regular
12:17
Speaker 5: sority came and there's like, here's a bock of chocolate
12:18
Speaker 5: for you guys.
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Speaker 4: Oh my god, this is why I love this place.
12:21
Speaker 4: Like this run's mostly sweet, but you just get the cycles.
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Speaker 2: Yeah, there's always going to be like some bad eggs.
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Speaker 2: How much longer have you got for study?
12:31
Speaker 4: Three weeks?
12:32
Speaker 2: No, you don't. I know.
12:33
Speaker 4: I'm so excited.
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Speaker 5: And then I do like my internship, which I'll do
12:37
Speaker 5: at the place I work, and they'll be full time,
12:39
Speaker 5: so I'm so excited to do.
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Speaker 2: Yeah, so you're going to be like a full blown
12:43
Speaker 2: pharmacistic like three weeks kind but like you do your internship,
12:47
Speaker 2: but like you don't have to study anymore.
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Speaker 4: Yeah, well, I know, I just start next year.
12:50
Speaker 5: I've still have all my final exams next year, so
12:53
Speaker 5: I kind of have a year, but you need three weeks.
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Speaker 2: Yeah, that's so exciting. So what do you get paid
12:58
Speaker 2: doing your internship if it's now full time hours?
13:01
Speaker 5: I think it's like twenty five to twenty seven dollars
13:03
Speaker 5: an hour, so probably around eight hundred dollars a week
13:05
Speaker 5: after tax I think roughly.
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Speaker 2: Yeah, I'm so glad that you're getting paid for an internship.
13:10
Speaker 2: That's a grape that I have. But also congratulations, that's
13:14
Speaker 2: a hard slog to have gone through everything you've just
13:16
Speaker 2: gone through and then also be three weeks off like,
13:19
Speaker 2: my friend, you're not going to know financial security like
13:22
Speaker 2: you have that foury eight hundred in savings. I'm just
13:25
Speaker 2: so excited for what the future looks like. I still
13:27
Speaker 2: don't know what the universe is trying to teach you,
13:29
Speaker 2: but it's definitely taught you and your partner to be
13:31
Speaker 2: really good savers.
13:32
Speaker 5: Yeah, one hundred percent. It's like very good. We can
13:35
Speaker 5: live on peanuts essentially.
13:37
Speaker 2: So tell me a little bit about your partner and
13:39
Speaker 2: his job. What does he do and how much money
13:41
Speaker 2: does he earn?
13:42
Speaker 5: So he's a carpentry prentice and he's all about eight
13:45
Speaker 5: hundred and fifty dollars a week.
13:47
Speaker 4: I think, don't actually know.
13:49
Speaker 2: That's okay, I feel like that. I don't know. You're
13:52
Speaker 2: set up for a very comfy financial life in the future.
13:56
Speaker 2: What does pharmacy look like full time? Once you become
13:59
Speaker 2: a fully qualified, fully study finished pharmacist.
14:04
Speaker 4: So starting raiders about thirty five dollars an hour.
14:07
Speaker 2: But you sort of have to batterle negotiate.
14:11
Speaker 4: That's what negotiate your wage.
14:13
Speaker 5: So it depends on how good I'm negotiating for myself.
14:17
Speaker 2: Oh well, I've got your back. So the answer is brilliant.
14:20
Speaker 2: You're going to be brilliant and negotiating your wage. I
14:24
Speaker 2: love it. I feel like you are on the right track.
14:26
Speaker 2: That's very exciting. Tell me about your big money goals.
14:29
Speaker 2: What are we currently working towards?
14:31
Speaker 5: So, right now moving house, but after that, it's saving
14:35
Speaker 5: to buy a house. That's like the most important thing
14:37
Speaker 5: right now for me. I'm sick of renting.
14:39
Speaker 2: That's so fair. Tell me about moving. How much is
14:42
Speaker 2: that going to cost? Are you moving far? What does
14:45
Speaker 2: it look like?
14:46
Speaker 5: Look, we're not really sure, Like we're trying to move
14:48
Speaker 5: sort of around this area. Max are thirty minutes away
14:52
Speaker 5: from my work. Yeah, and the places we're looking at
14:55
Speaker 5: will probably be like.
14:57
Speaker 4: Two thousand dollars per calendar month roughly.
14:59
Speaker 5: Move will be expensive because we've got to pay for
15:02
Speaker 5: like professional clean, flea bomb, all that sort of stuff. Yeah,
15:07
Speaker 5: I reckon we need at least five thousand dollars to
15:09
Speaker 5: move and to still have a little bit of something
15:13
Speaker 5: in the background.
15:14
Speaker 2: Yeah, fair, it's so expensive. Have you started getting like
15:18
Speaker 2: removalist quotes and stuff like that or are you going
15:21
Speaker 2: to like do it differently?
15:23
Speaker 5: So we move November sixteenth. So I've been trying to
15:26
Speaker 5: organize inspections. But it's kind of a nightmare right now
15:29
Speaker 5: doing that. Social finals coming up, but I haven't looked
15:32
Speaker 5: at quotes or anything like that.
15:33
Speaker 4: Normally we move.
15:34
Speaker 5: The little stuff by ourself and then like we just
15:36
Speaker 5: get someone for a big Can.
15:38
Speaker 2: I give you a tip of what I did? And
15:39
Speaker 2: I didn't realize how cheap it would be. I don't
15:41
Speaker 2: know if this is going to be for everybody, but
15:43
Speaker 2: we recently moved and I didn't want to pay for removalists,
15:47
Speaker 2: Like it just wasn't happening. I was like absolutely not
15:49
Speaker 2: got the quotes, and I was like, that's disgusting. I
15:52
Speaker 2: don't care if I can afford it or not not
15:54
Speaker 2: paying it. Taxi box like this is not a sponsored
15:57
Speaker 2: mention for anyone wondering, But it's like this company where
16:01
Speaker 2: they take a box of your stuff, like they drop
16:04
Speaker 2: basically a half shipping container in your driveway or like
16:07
Speaker 2: out the front of your house. You fill it up,
16:09
Speaker 2: they take it away and deliver it back to a
16:12
Speaker 2: location that you want it to be delivered to. And
16:15
Speaker 2: like I think it cost me less than like eight
16:17
Speaker 2: hundred bucks or something, and we got to fit in
16:19
Speaker 2: like our washing machine and our dryer and our like
16:22
Speaker 2: big appliances and our fridge and our mattress and our
16:25
Speaker 2: bed and all of the stuff that definitely didn't fit
16:27
Speaker 2: in the car, and then we moved everything else in
16:30
Speaker 2: the car, and like it's not gonna work for everybody,
16:33
Speaker 2: But like I called them and I was like, hey,
16:34
Speaker 2: like can I kind of use this as a moving
16:36
Speaker 2: service And they were like yeah, Like I guess like
16:39
Speaker 2: there might be like a day in between picking it
16:41
Speaker 2: up and dropping it off because of their system, But
16:43
Speaker 2: I was like, you can keep all my stuff for
16:44
Speaker 2: a whole day for it to be much cheaper, so
16:46
Speaker 2: maybe that'll work.
16:47
Speaker 5: But we did alas was air Tasker that was like
16:50
Speaker 5: really cheap and they were really nice.
16:52
Speaker 4: I really like air task I think it was three
16:55
Speaker 4: four hundred dollars for that.
16:56
Speaker 2: Yeah, see that's a money we in. But like lots
16:58
Speaker 2: of options to look into that don't necessarily involve you
17:01
Speaker 2: hiring a fully qualified mover. Not those guys are so spano.
17:05
Speaker 2: Like I'm not saying that they're not worth it, but
17:07
Speaker 2: like when you already have a million costs, like it's
17:10
Speaker 2: just another cost that you're like, I don't know if
17:12
Speaker 2: I can afford.
17:13
Speaker 4: This yeah, it's very responsive.
17:16
Speaker 2: Oh my gosh. All right, well, I'm really glad that
17:18
Speaker 2: you're in that circumstance and I know you can afford
17:20
Speaker 2: it this time. Let's go to a really quick break
17:22
Speaker 2: and on the flip side, I want to talk about
17:24
Speaker 2: investments and debt and your best money habits and your
17:27
Speaker 2: worst money habits, because I'm pretty sure after everything you've
17:30
Speaker 2: been through this ar you're probably going to have some
17:32
Speaker 2: really good money habits to share with us. So guys,
17:34
Speaker 2: don't go anywhere. All right, money diarist, We are back
17:42
Speaker 2: and I feel like I've got a lot to learn
17:44
Speaker 2: from you. But let's start. Do you have any investments?
17:47
Speaker 2: If not, why not? If the plan is to get some,
17:49
Speaker 2: what are they and how will that work?
17:52
Speaker 4: So I do. I've got my super which is sixteen thousand.
17:56
Speaker 2: Dollars how much?
17:57
Speaker 4: Sorry, sixteen thousand sixteen.
18:00
Speaker 2: That's really good for your age and the fact that
18:02
Speaker 2: you're studying.
18:03
Speaker 5: Yeah, I've worked full time for a while and I
18:05
Speaker 5: haven't stopped working for a really long time. And then
18:09
Speaker 5: also I have one thy five hundred in spaceship.
18:13
Speaker 4: But I want to take it out.
18:14
Speaker 2: Why do you want to take it out?
18:16
Speaker 5: I want to put into a Vanguard because I feel
18:17
Speaker 5: like it would be more suited for me, and also
18:22
Speaker 5: kind of like it's the stuff that happened earlier this
18:23
Speaker 5: year where they got banned from having people go in there,
18:26
Speaker 5: and then I was just kind of like, nah, it
18:29
Speaker 5: kind of put me off them.
18:30
Speaker 4: I got the ick, but it's down, so I don't
18:32
Speaker 4: want to take it out while it's down.
18:34
Speaker 2: Yeah, I wouldn't recommend selling any investment while it's down.
18:37
Speaker 2: I don't know if you saw I did a whole
18:39
Speaker 2: video on what was happening with Spaceship. Yes, not because
18:42
Speaker 2: it was a bad asset class, so don't get too stressed,
18:45
Speaker 2: but it was actually around ASSEK cracking down on their marketing.
18:49
Speaker 2: So basically they were saying that this product was suitable
18:52
Speaker 2: for a demographic that it potentially wasn't suitable for, and
18:55
Speaker 2: ASCIK will like, until you fix your marketing and can
18:58
Speaker 2: be clear on who your product is for what it does,
19:01
Speaker 2: you can't have any new clients, and I feel like
19:03
Speaker 2: that's scary. Nonetheless, but to me having that, I guess
19:07
Speaker 2: nuance makes me feel so much more comfortable because I go, okay, well,
19:11
Speaker 2: at least it's not because it was a bad investment,
19:14
Speaker 2: like or it was terrible, but I totally get it,
19:16
Speaker 2: and like it sounds like you're kind of I don't know,
19:19
Speaker 2: is the word glowing up financially? Like going from a
19:22
Speaker 2: micro investing platform to Vanguard kind of makes sense if
19:25
Speaker 2: you're going to start really taking investing seriously and you're
19:28
Speaker 2: going to your first full time income Like that makes sense.
19:31
Speaker 2: I like it. So tell me a little bit more
19:34
Speaker 2: about debt. Did you end up going into debt for
19:37
Speaker 2: any of this? Do you carry any debt? What's your hex?
19:40
Speaker 2: Look like? Tell me all the pervy deets.
19:43
Speaker 5: So I just have my HEX which is forty thousand
19:46
Speaker 5: dollars but no other debts.
19:49
Speaker 2: Forty K for pharmacy. That's pretty good, yeah, I think so. Yeah,
19:53
Speaker 2: are you planning on doing anything more in the future
19:56
Speaker 2: when it comes to study or you're like no, no, no,
19:58
Speaker 2: being a pharmacist fiel End or like I'm there.
20:02
Speaker 5: So I'll probably do not studying with UNI, but I'll
20:05
Speaker 5: do a course for compounding and probably going to like
20:08
Speaker 5: home medication review pharmacy, which is another course that you do.
20:11
Speaker 4: It's through the Pharmacy Guild.
20:13
Speaker 2: Yeah, what does that mean for your income? Because I
20:16
Speaker 2: have been not well recently. I've had the worst perioral
20:20
Speaker 2: dermatitis in the entire world, and I have had to
20:23
Speaker 2: be going to compounding pharmacies to get all of my
20:26
Speaker 2: like creams and stuff mixed up. And like it's crazy
20:30
Speaker 2: one how expensive they are, but like that's niche. You're
20:33
Speaker 2: going to get paid more.
20:34
Speaker 5: Yeah you do, so actually work in a compound, and
20:36
Speaker 5: do I get the same thing as.
20:37
Speaker 4: What you do the perioral don't get pregnant.
20:39
Speaker 2: If you get pregnant, it gets six million times worse.
20:41
Speaker 2: I will send you a photo of what my face
20:43
Speaker 2: looked like when I was eight weeks pregnant, and you'll
20:45
Speaker 2: be like, did you get burnt in a fire?
20:47
Speaker 4: Yep, you's just seen last year. I was like covered
20:49
Speaker 4: in it all over my face. It was crazy stress.
20:52
Speaker 2: I'm not surprised, my friend.
20:55
Speaker 5: But yeah, with compounding, you can get paid more because
20:57
Speaker 5: you've got more skills. Less people can do it.
21:00
Speaker 4: So farmacists don't get paid by the PBS at all.
21:04
Speaker 5: Wild I know, crazy, Like not even for the vaccinations,
21:06
Speaker 5: Like if you do vaccinations, it goes to the pharmacy owner.
21:09
Speaker 2: No, it does.
21:10
Speaker 5: It's up to the pharmacy owner to decide whether they
21:12
Speaker 5: give you bonuses for it. No spicy, it's BS A
21:17
Speaker 5: lot of the stuff that pharmacists do, it's wage based
21:20
Speaker 5: rather than like something like that doctors not do, where
21:22
Speaker 5: they get it.
21:23
Speaker 4: Paid straight from PBS into the accounts as well like extras. Wow,
21:28
Speaker 4: if you do like the home medications reviews. So that's
21:31
Speaker 4: why you.
21:32
Speaker 5: Actually will get your own provide a number finally, and
21:35
Speaker 5: then you can get reimbursed by the PBS and get
21:39
Speaker 5: extra money for.
21:40
Speaker 4: That on top of it.
21:41
Speaker 2: Oh cool.
21:42
Speaker 5: I can't remember off the top of my head how
21:44
Speaker 5: much it is, but it is significant amount.
21:46
Speaker 2: Yeah, how cool? Oh my gosh. And is that something
21:49
Speaker 2: that you also have to negotiate or is that something
21:52
Speaker 2: where it's kind of like you do this and then
21:54
Speaker 2: it's just a given that that's the I guess payment structure.
21:57
Speaker 4: Yeah, so just the payment structure.
21:59
Speaker 2: How fun. I feel like that would be really really interesting.
22:03
Speaker 2: All right. I want to know next, As we said before,
22:05
Speaker 2: like you have absolutely been through the wars financially over
22:09
Speaker 2: the last few months. So I have a sneaky suspicion
22:12
Speaker 2: that you're probably gonna have some really good money habits
22:14
Speaker 2: to share with us. What do you think is your best.
22:16
Speaker 5: Well, I think I'm like super determined, Like once I
22:18
Speaker 5: set my mind, I'm really good at getting it. And
22:21
Speaker 5: then I'm always looking for like a way to like
22:24
Speaker 5: save money, so like everything I buy from my clothes
22:27
Speaker 5: to like furnish out, it's like marketplace or like always
22:30
Speaker 5: on clearance, like absolute final sales.
22:33
Speaker 4: And then like what I.
22:34
Speaker 5: Was doing for a while was like I would get
22:36
Speaker 5: you know, like the food box of calor Fresh and.
22:38
Speaker 2: Like oh yeah, yeah, yeah, yeah, I'm obsessed with Marley Spoon.
22:41
Speaker 2: You obviously don't follow me. I make my husband cook
22:43
Speaker 2: it for me most weeks.
22:44
Speaker 4: Yeah, that's how I feeld Mally's Friehinded.
22:45
Speaker 2: Ah, yeah, I love that.
22:48
Speaker 5: But I would do like the huge discounts, and I
22:52
Speaker 5: just do that cancel or switch them because the moment
22:54
Speaker 5: you cancels switch are like off.
22:55
Speaker 2: Of you more one hundred percent. I've got a couple
22:57
Speaker 2: of friends who do that. Like I'm committed to mar honestly,
23:01
Speaker 2: not just because I have a partnership with them, but
23:03
Speaker 2: because I just like the food better. Like I'm a
23:05
Speaker 2: picky eater at best, and I feel like some of
23:08
Speaker 2: the other food boxes are more like not bad like
23:11
Speaker 2: all of the stuff in them is good, but like
23:13
Speaker 2: Hollow Fresh, for example, is more like a meat and
23:15
Speaker 2: three veg kind of vibe, and like, I'm not a
23:17
Speaker 2: meeting three veged kind of gal. I want my like
23:20
Speaker 2: crusted tofu, you know, so like Marley is my vibe.
23:24
Speaker 2: But that is okay. But I've got a couple of
23:25
Speaker 2: girlfriends who like kind of go. I don't know if
23:27
Speaker 2: Marley You'll be happy with me saying this that y'llaw
23:29
Speaker 2: it's my podcast. They like get Marley Spoon. They do
23:32
Speaker 2: the like intro that I give them because obviously I
23:35
Speaker 2: get a good discount. He's like two hundred and twenty
23:37
Speaker 2: five dollars off or something, so that's a money win.
23:39
Speaker 2: And then when they're done with that, they go to Hollowfresh,
23:41
Speaker 2: and they're done with that, they go to Dinnery, and
23:43
Speaker 2: then when they're done with that, they go somewhere else.
23:45
Speaker 2: And I'm just like geniuses, Like you must be saving
23:48
Speaker 2: so much. It's like credit card point hacking, Like I
23:50
Speaker 2: wish I could do it. I just don't have the
23:53
Speaker 2: brain capacity.
23:54
Speaker 5: But the one thing I'm doing is because it kind
23:57
Speaker 5: of got sick of doing the food boxes because it
23:59
Speaker 5: was kind of like the same ver shoables over and over.
24:00
Speaker 4: So right now we've got like a fruit and box
24:03
Speaker 4: delivery and it's like once they get rejected by like.
24:06
Speaker 2: Supermarkets, ooh what's it called.
24:08
Speaker 4: It's cool good and fugly good and fugly.
24:10
Speaker 2: Oh my gosh, I love that bread.
24:11
Speaker 4: Yeah, they're so fun. I love them.
24:13
Speaker 5: And we get like eight kilos of fruit and veg
24:15
Speaker 5: and it lasts the majority.
24:17
Speaker 4: Of the week.
24:17
Speaker 2: Eight kilos is so much.
24:19
Speaker 4: Yeah, you get how much does it cost you forty dollars.
24:22
Speaker 2: Forty bucks for eight kilos of produce? Okay, that's the
24:25
Speaker 2: money win.
24:25
Speaker 5: It's really good, and you like don't get to really
24:27
Speaker 5: choose what you get, so it makes you try different
24:29
Speaker 5: things and make things stretch, and like, you know, you've
24:31
Speaker 5: got all this stuff, so you've got to use it up.
24:33
Speaker 5: So it's like a really big money stay because otherwise
24:35
Speaker 5: I spend too much money on takeaway.
24:37
Speaker 2: Well one hundred percent. And it kind of makes you
24:38
Speaker 2: be a little bit creative and I'm assuming, like if
24:41
Speaker 2: a recipe calls for broccoli and they're like, ah, well,
24:43
Speaker 2: we haven't sent you brocoli, but we've got this other
24:45
Speaker 2: round in vegetable. You're like, yeah, you can go in
24:47
Speaker 2: that recipe. She'll be right, that's one hundred percent.
24:49
Speaker 5: And like we kind of have to sufflement, like you
24:51
Speaker 5: don't always get like onions or like the stuff that
24:53
Speaker 5: you want, but that's okay.
24:54
Speaker 2: You can pop to the supermarket like people put brown
24:57
Speaker 2: onions through self checkout all those mys. So you're always
25:02
Speaker 2: looking to save. And I feel like that good and
25:04
Speaker 2: fugly They've got a pretty good free shout out on
25:06
Speaker 2: the pod. But that sounds really cool, like really cool.
25:10
Speaker 2: What is your best money saving tip? I suppose obviously
25:14
Speaker 2: this like food box thing that like have you had
25:16
Speaker 2: a really big win that you're like, oh, this one's
25:19
Speaker 2: real cool.
25:20
Speaker 4: I can't look at the money in my paycheck when
25:21
Speaker 4: it comes in. I have like all sertain so like.
25:23
Speaker 5: At the moment my money comes in, I transfer like
25:26
Speaker 5: my rent into a whole different bank account, so we
25:29
Speaker 5: can't look at it.
25:29
Speaker 4: We don't know what that is. It's the rents and
25:31
Speaker 4: moving fun can't cutch it if I don't know what
25:32
Speaker 4: it is, I can't see it.
25:33
Speaker 5: Yeah, and then like it also like Divvy's up like
25:36
Speaker 5: all my savers, so like that's the best thing, because
25:38
Speaker 5: otherwise I just tap and I'm like, oh yeah.
25:42
Speaker 2: I love it. I feel like lots of people in
25:44
Speaker 2: the shees on the money community are obsessed with up
25:46
Speaker 2: because you can just like divvy things up into lots
25:48
Speaker 2: of different savers without actually opening lots of different bank accounts,
25:51
Speaker 2: and that just like makes sense, right, So let's flip
25:55
Speaker 2: the narrative, like, you're really good at grocery shopping and
25:58
Speaker 2: making things stretch and saving. But what are you not
26:00
Speaker 2: so good at? What's your worst money habit?
26:03
Speaker 5: I have such a twistable arm, Like if my friend's like,
26:07
Speaker 5: let's go out, okay, actually, no please, and I'm.
26:10
Speaker 2: Like, okay, you're just social. That's a good personality, tray.
26:16
Speaker 5: Oh actually, this is my favorite money hack. You wear
26:18
Speaker 5: like cargo pants or like something pockets. You fill up
26:21
Speaker 5: the little sachets of vodka and then you take that
26:24
Speaker 5: out and then you only buy soft drink except when
26:26
Speaker 5: you run out, and then you're like, oh buy more.
26:29
Speaker 2: Yep, nope, I love it, you do you boo. I
26:32
Speaker 2: feel like the Victoria divine equivalent is I always have
26:35
Speaker 2: Musley bars in my handbag because I'm like, I'm not
26:37
Speaker 2: buying cheat like snacks because like, snacks are expensive. We're
26:42
Speaker 2: gonna have a musli bar before we go to the
26:44
Speaker 2: restaurant so that you don't over order. Victoria like keeping
26:48
Speaker 2: Uncle Toby's apri cop musley bars in business? Are they
26:51
Speaker 2: the best? No? Do they feel me?
26:54
Speaker 4: Yes?
26:54
Speaker 2: They do the job. So she's got cargo pants for
26:57
Speaker 2: her cheeky vodka. She has an arm that's easily able
27:01
Speaker 2: to be twisted. Is that because you're super social? Do
27:03
Speaker 2: you find that you spend a lot if you're going out?
27:06
Speaker 5: Yes, I do spend a lot, and like I'll find, like,
27:08
Speaker 5: especially after a few drinks, like I will look at
27:12
Speaker 5: my account of like, oh, you know, like fee is
27:15
Speaker 5: not really due. I'll just take fifty dollars out of there.
27:17
Speaker 5: And it's like if I'm sober and ogul, but if
27:19
Speaker 5: I'm drunk.
27:20
Speaker 2: Like, oh, she's a different person when she's drunk. She's
27:23
Speaker 2: got an alter ego, and her alter ego is very
27:25
Speaker 2: good at spending money. No, well, I think that's relatable
27:29
Speaker 2: to talk to me about your grade. So we're nearly at
27:32
Speaker 2: the end. I feel like you have been through a
27:35
Speaker 2: roller coaster of a year. I'm so glad that your
27:37
Speaker 2: partner is on the mend and back at work Like
27:39
Speaker 2: that makes me feel so happy. I'm so glad that
27:42
Speaker 2: centlink back page you. It sounds like you set up
27:44
Speaker 2: all of your savers. You know, you're on top of
27:46
Speaker 2: your super You're three weeks away from being done with UNI,
27:50
Speaker 2: which is like the most exciting thing in the entire world.
27:53
Speaker 2: At the start of this episode, you graded yourself at B.
27:56
Speaker 2: Do you think that's still where you're sitting at? If so, why?
28:01
Speaker 2: But also I want to know what would it take
28:03
Speaker 2: to get you to an A.
28:04
Speaker 5: Yeah, I do still think it'd be I think I
28:07
Speaker 5: still kind of spend a little bit too much then
28:09
Speaker 5: I should for what I'm earning now.
28:11
Speaker 2: We don't need to buy cat food, remember, Yeah.
28:14
Speaker 5: But like I feel like once I'm working full time
28:17
Speaker 5: and I can balance that and not like you know,
28:21
Speaker 5: lifestyle creep and you know, keep saving more, that's when
28:24
Speaker 5: I'll feel better, yeah, and more confident with that. And
28:28
Speaker 5: if I feel like I can translate that to the
28:30
Speaker 5: full time wage, then I will give myself an A hopefully.
28:33
Speaker 2: I love that. From my understanding of what you've just said,
28:36
Speaker 2: it's really about feeling confident, not necessarily changing habits too significantly,
28:41
Speaker 2: because once you have a full time wage, I promise
28:43
Speaker 2: if you keep the habit of your little vodka in
28:46
Speaker 2: your cargo pants like you'll be fun. Oh my gosh, money, Doris.
28:49
Speaker 2: I have adored having this conversation with you. As I
28:52
Speaker 2: said before, I'm so glad that your partner's on the
28:54
Speaker 2: mend and everything is on the way up. I'm so
28:56
Speaker 2: proud of you and what you've achieved and where you're going.
28:59
Speaker 2: But unfort that is all we have time for today.
29:03
Speaker 2: So thank you so much for sharing your story and
29:05
Speaker 2: being so open and being so vulnerable. I just know
29:08
Speaker 2: that so many people are going to learn so much
29:10
Speaker 2: from this. I think it's, you know, obviously a very
29:13
Speaker 2: good reminder to have a healthy emergency fund, but also
29:16
Speaker 2: just knowing that anything at any time can happen and
29:19
Speaker 2: kind of derail the plans. So I think you've taught
29:22
Speaker 2: a lot to our community, and I'm really grateful for that.
29:24
Speaker 4: So thank you, thank you, thank you for having me.
29:33
Speaker 2: The advice shared on She's on the Money is generally
29:36
Speaker 2: nature and does not consider your individual circumstances. She's on
29:40
Speaker 2: the Money exists purely for educational purposes and should not
29:43
Speaker 2: be relied upon to make an investment or financial decision.
29:47
Speaker 2: If you do choose to buy a financial product, read
29:49
Speaker 2: the PDS TMD and obtain appropriate financial advice tailored towards
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Speaker 2: your needs. Victoria Divine and She's on the Money are
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Speaker 2: seven zero eight a F S L four five one
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