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The Split Up Rent Split · She's On The Money

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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
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Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
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Speaker 1: we get started on She's on the Money podcast, I
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Speaker 1: would like to acknowledge the traditional custodians of the land
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Speaker 1: of which this podcast is recorded on a wondery country,
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Speaker 1: acknowledging the elders, the ancestors and the next generation coming
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Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
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Speaker 1: and the storytelling of you to make a difference for
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Speaker 1: today and lasting impact for tomorrow.
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Speaker 2: Let's get into it. She's on the Money.
0:36
Speaker 3: She's on the Money.
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Speaker 4: Hello, and welcome to She's on the Money, the podcast
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Speaker 4: for millennials who want financial freedom. My friends, today is Friday,
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Speaker 4: which means it is time to get the team back
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Speaker 4: together to celebrate you ow incredible. She's on the Money
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Speaker 4: community Today, Miss Jess Gricci is going to be sharing
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Speaker 4: our favorite money wins. Miss Becksayed is going to be
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Speaker 4: sharing her best brogue tips with us. We're going to
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Speaker 4: be helping to answer a juicy money dilemma, which this
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Speaker 4: week is all about the best way to manage cash
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Speaker 4: flow between multiple bank accounts, and we're going to be
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Speaker 4: unpacking something you slid into our DMS about which this
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Speaker 4: week is managing rent after a breakup. So let's get
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Speaker 4: straight into it. But first things first, my friends, how.
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Speaker 2: Were your weeks?
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Speaker 5: Mine was really nice. It's been really busy but good.
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Speaker 2: That's a good thing. Is that a good thing? Yeah?
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Speaker 2: I think so.
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Speaker 5: I feel like I'm always I don't have time to
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Speaker 5: figure out if I'm not happy because I'm too busy busy.
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Speaker 2: Do you know what I mean?
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Speaker 4: Ye, life, I'm fool that you don't have time to
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Speaker 4: think about your emotions. It's actually tried and true strategy
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Speaker 4: and true push.
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Speaker 2: We don't need those emotions.
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Speaker 4: We need is a breakdown, and you'll get one if
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Speaker 4: you keep doing that.
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Speaker 2: It's a very good idea. Come organically.
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Speaker 4: Yeah, nice, nice, All right, Well, miss Jessica Ricci was
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Speaker 4: your week just as good?
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Speaker 6: It was thrilling. We had some sun in Melbourne?
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Speaker 2: We love? What's that all about it? Where did that
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Speaker 2: come from? I don't know? But it can stay. I'd
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Speaker 2: be very happy. If I'm not proud, we're just confused.
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Speaker 6: Not mad at all. Our go to skin care code came.
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Speaker 2: Back, which is a ten out of ten.
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Speaker 4: I am genuinely so excited about this because obviously go
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Speaker 4: to skincare don't give out their codes that freely, like
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Speaker 4: they're hard to get.
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Speaker 2: But because our.
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Speaker 4: Community asked so many times, they were like, yeah, okay,
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Speaker 4: here it is.
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Speaker 6: Everyone can thank Anne, who was the first person to
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Speaker 6: comment on our posts this week when we put up
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Speaker 6: a little posty post with go to which we're obsessed
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Speaker 6: dying the fact that they are paying us money.
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Speaker 2: I actually I.
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Speaker 4: Can't believe that. Like I've made it. I've made it.
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Speaker 4: I went in there one time. I can die happy.
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Speaker 2: Me too.
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Speaker 6: So she coment on the post and said, oh, guys,
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Speaker 6: like is the code?
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Speaker 2: When's the code?
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Speaker 6: We if you remember last time, we only got it
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Speaker 6: for one week.
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Speaker 2: That was it.
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Speaker 6: They're like one week, that's.
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Speaker 2: All you get. We were like, okay, no problems, are
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Speaker 2: you a little bit?
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Speaker 6: I worked it. It was good me too. And then
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Speaker 6: Am commented and I put it on the stories. I
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Speaker 6: was a little bit cheeky and I said, hey, God,
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Speaker 6: use your audience. You want the code, go comment and
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Speaker 6: then I scream shot it.
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Speaker 4: I said it's straight to go to, Like, Hi, we
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Speaker 4: really need this. It would make our community really happy.
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Speaker 6: So one more week only, I feel like, what's the code?
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Speaker 6: Won't get it again? So fifteen fifteen percent off across
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Speaker 6: the site. Incredible. We'll put all the details in the
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Speaker 6: description in case I've gotten something.
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Speaker 4: Have you ever thought that maybe go to a reverse
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Speaker 4: engineering this and they just got a really good advertising
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Speaker 4: segment on our podcast.
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Speaker 2: We haven't really thought about this, you know what I
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Speaker 2: meant too deeply? No, no, no, let's go too deeply.
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Speaker 4: Let's get on with the week, because like I'm excited
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Speaker 4: about it. I needed that fifteen percent of because I'm
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Speaker 4: almost out of my son's screen and that's money win
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Speaker 4: exactly into Oh my gosh, Jessica Rich, is it time
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Speaker 4: for money with?
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Speaker 2: I think it my fair? Oh my gosh, what have
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Speaker 2: you got for us this week? I did not see
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Speaker 2: it coming.
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Speaker 6: My first money whin comes from Clara, who said, I
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Speaker 6: run out of my fifty pack of pilates classes today.
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Speaker 6: They went on sale with twenty percent off, so I
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Speaker 6: bought another fifty, saved almost one hundred and seventy dollars,
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Speaker 6: and I'm just impressed that class fifty.
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Speaker 2: This is so impressive.
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Speaker 4: I don't think I've like, yeah, I don't think I've
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Speaker 4: either been to that many classes.
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Speaker 2: Maybe I've skipped that week.
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Speaker 4: Oh yeah, skipped fifty for sure, But do you know
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Speaker 4: would have gone to fifty classes?
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Speaker 2: Gabby? So, Gabby's on our team.
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Speaker 4: You've probably heard of her before, but far out she's
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Speaker 4: like the pilates queen.
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Speaker 2: She loves her pilates.
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Speaker 6: She does indeed, well, maybe she can see if she
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Speaker 6: can get a bulk discount next time she looks.
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Speaker 4: I don't even know if my studio offers fifty packs.
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Speaker 4: Maybe because they don't have that much faith in us.
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Speaker 2: Maybe not.
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Speaker 6: My next money win comes from Lauren, who said money win.
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Speaker 6: Cam Art thirty nine dollars knee high healed boots they slay.
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Speaker 2: Oh do you know what? I have had so many
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Speaker 2: dms about this, suggess.
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Speaker 4: I think we should go and check out Camar and
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Speaker 4: see what their boots are like, because I need winter
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Speaker 4: boots and they're so expensive. Like I went into David
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Speaker 4: Jones the other day, I went into May. I was
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Speaker 4: checking out a few different options. One I couldn't find
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Speaker 4: a pair of boots that I liked. True, every time
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Speaker 4: I looked at them, I'm like, that's so much money? Like, yeah,
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Speaker 4: I already don't have them, do I really need them?
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Speaker 4: And yeah, I've got analysis paralysis, so maybe we should
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Speaker 4: just go to Kmart.
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Speaker 6: I have a couple that I bought from Kmart last
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Speaker 6: year of the year before, and they're still going strong.
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Speaker 4: I bet they're the ones that everyone asks about always too.
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Speaker 4: How happens all the time?
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Speaker 2: Very cute.
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Speaker 6: My next money wind came from Emma, who said money win.
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Speaker 6: I bought some plants and was gifted for variegated monster
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Speaker 6: cuttings and some anthriums and three.
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Speaker 2: Uriums and atherums.
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Speaker 4: Sam, if you don't leave that in there, please pleasely
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Speaker 4: and theorium? Do you know what I know exactly who
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Speaker 4: that is because I follow her on TikTok be cause
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Speaker 4: you little known fact about me that's only little known
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Speaker 4: if you don't follow me on my personal socials is
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Speaker 4: I have an addiction to exotic plants like I really
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Speaker 4: like buying like very gated monsters. I've got a few
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Speaker 4: Tai constellations. I've definitely spent a lot of money on
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Speaker 4: a few al but anything that.
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Speaker 2: Is hard to get me hold off. Yeah, I'll show
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Speaker 2: you later. I got beautiful and so jealous.
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Speaker 4: Yeah, would you say a guilty pleasure, like they're like
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Speaker 4: my children. I will show you them when you come
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Speaker 4: to my house anyway to be gifted four cuttings. People
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Speaker 4: pay for those, so that is, and they're very expensive,
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Speaker 4: like a cutting of a very gated MONSTERRA is like
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Speaker 4: at least one hundred and fifty dollars each. Anyway, for
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Speaker 4: those of you who might follow me on my personal account,
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Speaker 4: I bought my elbow from her brother in No, from
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Speaker 4: her brother in law, like I'm in the plant community
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Speaker 4: now like I'm not, but like I just I'm in
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Speaker 4: the no guist.
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Speaker 2: She knows, she knows.
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Speaker 5: Just need it on record that I keep hearing very
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Speaker 5: gay monster up.
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Speaker 2: It's a very gay monster.
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Speaker 6: You know what that looks like?
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Speaker 2: Why don't you have one? I can't fully they don't
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Speaker 2: have a very gay monsterra.
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Speaker 4: You know what, I'll take it. What's next money win?
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Speaker 4: Because Beck's already lost it.
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Speaker 6: The next money win is from Deborah and she said,
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Speaker 6: I just said yes to the dress. Thanks to Marketplace.
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Speaker 6: My dress retails for four thousand dollars, and I found
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Speaker 6: it online for twenty five hundred with a veil. Money
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Speaker 6: win bargained it to two thousand without the veil and
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Speaker 6: we tried on. It was a little bit big and
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Speaker 6: it had a stain, so I offered fifteen hundred dollars.
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Speaker 2: Don't she agreed, Oh my gosh, how good is that?
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Speaker 2: A little hustler turn out of ten?
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Speaker 6: Huge saving there. My next money win comes from Kim,
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Speaker 6: who said I had a medical procedure on Monday, which
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Speaker 6: I was told was going to cost me three hundred
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Speaker 6: and eighty dollars.
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Speaker 2: Out of pocket.
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Speaker 6: After the procedure they told me it was one hundred
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Speaker 6: percent covered by Medicare. I love that money week price,
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Speaker 6: that's unreal. And then my last money win for this
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Speaker 6: week came from Bridget who said I got rush ticks
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Speaker 6: on today, ticks to see Come from Away, so good
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Speaker 6: and amazing seats one hundred and forty dollars tickets for
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Speaker 6: forty five.
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Speaker 5: Oh, were you confused to I it was?
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Speaker 2: I thought it was.
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Speaker 6: I think a rush tick is like a last minute
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Speaker 6: ticket and this must be a platform.
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Speaker 4: I had no idea, to be honest, when you said tick,
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Speaker 4: I was like, that is a small bug that you I'm.
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Speaker 2: Sorry that You've got.
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Speaker 6: Great way if you're a theater girly to see some
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Speaker 6: amazing shows I've heard Come from Away is absolutely outstanding.
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Speaker 6: I have used last ticks before and they are also great.
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Speaker 6: That's tick with an X, not a C. That's how
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Speaker 6: you got confused. Tick ticks tick.
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Speaker 2: That is really really cool.
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Speaker 6: Left it that's because they're usually so expensive. Great My
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Speaker 6: last und support the arts round.
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Speaker 4: All right, let's segue again into hopefully what is another
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Speaker 4: money win?
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Speaker 1: Beck?
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Speaker 2: Have you got a broke tip for us this week?
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Speaker 2: If so, what is it?
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Speaker 4: Yes?
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Speaker 5: Okay, So, I'm actually very excited for this new little segment.
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Speaker 5: A few people wrote into me on my Instagram at becksied.
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Speaker 2: I'm very grateful for you guys, and we're encouraging this.
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Speaker 5: Yes, strongly encouraging this, strongly encouraging.
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Speaker 2: And thank you for supporting me.
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Speaker 5: So my first one this week is from Sarah Luise,
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Speaker 5: who said that if you are out of foundation, it
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Speaker 5: need to go to an event, or you just need
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Speaker 5: a few days or a week until payday, pop into
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Speaker 5: makeup giants such as Mecha or Sephora and grab a
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Speaker 5: sample of something which I know I am smart.
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Speaker 2: It's very very smart.
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Speaker 5: I can't fully relate to the makeup side of things,
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Speaker 5: but it did get me thinking about when you're going
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Speaker 5: to an interview or a date, you don't have perfume maya.
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Speaker 4: Oh, just swing past, do a little bit of spritzy spirits,
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Speaker 4: fritzy spirts and she smells expensive.
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Speaker 2: Now smells expensive.
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Speaker 5: I really really like this one.
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Speaker 2: I do that a lot. Actually, you're quite smart, very clever.
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Speaker 5: So my second broke tip for this week is from
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Speaker 5: Karla who recommends.
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Speaker 2: That I follow this person on Instagram. It is Jasmine.
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Speaker 5: Or Western and her handle or their handle is Jasmine seats.
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Speaker 5: That's Jasmine without the E. At the end, she or
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Speaker 5: they kind of give their under ten dollar recipes.
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Speaker 4: F I haven't seen that one, but there's a few
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Speaker 4: on TikTok that I follow.
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Speaker 2: Jenny. I follow Jenny on TikTok. I love Jenny. Yeah.
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Speaker 2: I think her user names like jen A or something.
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Speaker 4: Anyway, she has like she goes to Kohle's or Woolies
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Speaker 4: or whatever with like ten bucks and shows you like
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Speaker 4: a good meal that you can make with ten dollars
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Speaker 4: that will feed like family, which I think is really cool.
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Speaker 6: Yes, it's Jenny one that does the mudcake CAx as well.
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Speaker 2: I'm not sure. Tiamacmac.
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Speaker 5: Yes, I love Taback Now that's some energy, wholesome energy.
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Speaker 5: So I do just want to say, Jasmine shops at
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Speaker 5: Woolworths so very accessible.
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Speaker 2: Or you know, at least pretty accessible and gets.
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Speaker 5: All of the ingredients from wool Wears and it's all
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Speaker 5: under ten dollars and you can get some really really
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Speaker 5: good recipes out of this, so healthy and fresh and
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Speaker 5: fun and yeah, so that's kind of the I love
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Speaker 5: that those are the broke tips for the week.
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Speaker 2: It's your broke tip of the week.
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Speaker 4: I'm very excited to hear because I just feel like
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Speaker 4: You've got this brain that's like a little wizard and
10:56
Speaker 4: we all want to get inside and be like thank you,
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Speaker 4: But what would Beck do? So we're all going to
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Speaker 4: get like little plastic braces the say wwb D and
11:04
Speaker 4: it's what would Beck do?
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Speaker 2: That is so nice? So this is I have to
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Speaker 2: be honest with you.
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Speaker 5: I My broke tip was actually the spin off of
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Speaker 5: Sarah Luise's broke tip, which is to go to my
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Speaker 5: But I do want to say this, and this isn't
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Speaker 5: something that I advise everyone to do, but a few
11:19
Speaker 5: years ago, when I needed to change my white joggers
11:23
Speaker 5: to black joggers, I colored the knockers permanent marker for
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Speaker 5: oh shoes color colored my shoes in with permanent marker
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Speaker 5: for a hospo job. They didn't the whole shoe, the
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Speaker 5: whole shoe, tongue and everything.
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Speaker 3: You did.
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Speaker 5: I promise, I promise it's correct. I want to know
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Speaker 5: how better it Honestly, for the amount of time.
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Speaker 2: I needed, it worked.
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Speaker 5: It worked for like one or two days, but then
11:49
Speaker 5: once it rains it goes purple.
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Speaker 2: Did you know that you can buy collarge changing shoes.
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Speaker 2: That sounds expensive. I'm pretty sure and I did that.
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Speaker 6: You can buy leather paint is another tip that would
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Speaker 6: be a lot them buying a whole new shoe. Like
12:02
Speaker 6: if you just buy some black leather paint, it's made
12:04
Speaker 6: to like paint shoes and stuff like that.
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Speaker 2: Oh, that's way smarter.
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Speaker 4: I was out of s You can just get some
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Speaker 4: like rip dye and dunk them in die.
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Speaker 5: Yes, yes, if you yes, I love that, So you
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Speaker 5: don't have to go out and buy new shoes.
12:16
Speaker 2: Yes.
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Speaker 4: Why are we bothering with these solutions when we could
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Speaker 4: have just flowed them in.
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Speaker 5: You could have called them in. And also I'm thinking
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Speaker 5: if you want them to go back to white. At
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Speaker 5: some point you can just wash them straight out.
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Speaker 2: What do you mean, just wash them straight? Not that
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Speaker 2: it's do you know what?
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Speaker 4: We're canceling the money tip there or the broke chip
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Speaker 4: there because they're not going back to white. If you
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Speaker 4: color your shoe in, disclaim it here. I'm not responsible
12:45
Speaker 4: for what happens if you try to have it your shoe.
12:47
Speaker 4: Please don't come for us patch test it. We're not
12:50
Speaker 4: promising that it works.
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Speaker 6: That's very true, that's good, I believe you, but also
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Speaker 6: don't want people to yell us now DMS no, absolutely not.
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Speaker 4: Someone taking that super sit They're like, this didn't even
13:01
Speaker 4: look professional.
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Speaker 6: Jessica, I.
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Speaker 5: Carry my high heels for my wedding in black, and
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Speaker 5: they I don't know what.
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Speaker 4: Happened to try it with a pair of shoes that
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Speaker 4: I don't wear anyone. Let's go to a break before
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Speaker 4: we get the moreish tips. And on the flip side,
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Speaker 4: we're going to talk about the best way to manage
13:18
Speaker 4: cash flow between multiple accounts, and we're going to talk
13:20
Speaker 4: about how to manage rent after a breakup.
13:23
Speaker 2: Don't go anywhere, guys.
13:29
Speaker 6: Welcome back, everybody. Let's listen to this week's money dilemma.
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Speaker 4: Hi, there, have you got a money dilemma you just
13:36
Speaker 4: can't solve. The Shoes on the Money team is here
13:39
Speaker 4: to help. Every week, we tackle your dilemmas, both big
13:42
Speaker 4: and small, to answer your most burning money.
13:44
Speaker 2: Career and life questions.
13:46
Speaker 4: To get involved, simply head to our website and leave
13:49
Speaker 4: us a short voice recording and you might just find
13:51
Speaker 4: yourself on the show. Now, let's take a listen to
13:53
Speaker 4: this week's money dilemma.
13:58
Speaker 7: High Ladies purchased a home and we'll have access to
14:02
Speaker 7: an offset account where I plan to keep all my
14:04
Speaker 7: savings in to offset my mortgage. Someone who has ten
14:07
Speaker 7: different accounts for different purchases and expenses. Even my dog
14:11
Speaker 7: has its own savings account. I'm stuck on how to
14:14
Speaker 7: best manage my cash flow. Since I won't be able
14:16
Speaker 7: to have a subcategory in my offset and it'll just
14:19
Speaker 7: be one large amount of cash. It could potentially transfer
14:22
Speaker 7: out my fortnightly allocation for bills and daily spending, but
14:26
Speaker 7: this would then mean my account is an offsetting at
14:28
Speaker 7: its full potential. I thought about keeping an Excel spreadsheet
14:31
Speaker 7: where every time I get paid, I jop down how
14:34
Speaker 7: much is allocated to each category, but it would get
14:36
Speaker 7: really difficult to track if I had to make frequent withdrawals.
14:39
Speaker 7: Thank you so much, love the show.
14:41
Speaker 2: How wholesome. First question I have, guys, what do you
14:44
Speaker 2: think her dog is saving for? Acturely, I don't know.
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Speaker 4: I was going to say it, and now I regret
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Speaker 4: it because it's like, not even funny. I understand that
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Speaker 4: you're probably like saving for your dogs costs or expenses,
15:01
Speaker 4: but that makes absolute sense. Jess, you budget this way,
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Speaker 4: don't you. You have a savings account for everything?
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Speaker 6: Yes, I do, but I don't have an offset so
15:09
Speaker 6: not yet?
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Speaker 2: Whatnot yet?
15:10
Speaker 4: When you listen to the property playbook, you might get
15:12
Speaker 4: an update on where Jess is at in that process. However,
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Speaker 4: I think this is actually a question for your mortgage broker.
15:18
Speaker 4: If you don't have one, obviously, check out Zella Money
15:21
Speaker 4: and they will hook you up. But you can actually
15:24
Speaker 4: find a bank that would have multiple offset options. So
15:28
Speaker 4: some banks might say, okay, Beck, you only get one
15:30
Speaker 4: offset account, But there are a lot of banks that
15:32
Speaker 4: also will let you have as many offsets as you
15:35
Speaker 4: would like.
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Speaker 2: So that's the circumstance I'm in.
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Speaker 4: I can have as many as I want, and I
15:39
Speaker 4: can use them for whatever I want, and I have
15:41
Speaker 4: you know, different savers set up so that every single
15:43
Speaker 4: dollar that comes into my bank account is working as
15:46
Speaker 4: hard for me as I do free. And I think
15:48
Speaker 4: that that's really important because obviously, you know, if you've
15:51
Speaker 4: got a mortgage, you kind of want to offset the money,
15:54
Speaker 4: especially when the interest rates are as high as they
15:56
Speaker 4: are today. The other way that you could manage it
15:59
Speaker 4: is going back to basics. So let's say that you
16:02
Speaker 4: have had a conversation with your broker and the best
16:04
Speaker 4: possible outcome for you is a bank that only allows
16:07
Speaker 4: you to have one offset account. You could go back
16:10
Speaker 4: to basics and kind of have an app or a
16:12
Speaker 4: spreadsheet or a system that enables you to track how
16:15
Speaker 4: much is in each account technically but keeping it in
16:19
Speaker 4: one lump sum, and then you know, drawing off that
16:23
Speaker 4: to your cash flow. Personally, I would say that if
16:27
Speaker 4: your broker suggests that the best outcome for you is
16:30
Speaker 4: a bank that only allows one offset, when you've said
16:32
Speaker 4: that that's really important to you, to me, that's a
16:35
Speaker 4: little bit of a red flag, because when you're getting
16:37
Speaker 4: a mortgage, the most important thing is not just the
16:39
Speaker 4: interest rate. There's so much to take into consideration, there's
16:42
Speaker 4: your personal circumstances, how flexible it needs to be, whether
16:45
Speaker 4: you're going to be fixed or variable, whether you need
16:47
Speaker 4: multiple offset accounts, whether you need you know, lots of
16:50
Speaker 4: different things, lots of different considerations. Some mortgages only allow
16:55
Speaker 4: you to pay off up to a certain amount in
16:57
Speaker 4: addition each and every single year, and you might go, well, actually,
17:00
Speaker 4: I really want to do more than that. So you
17:02
Speaker 4: need to look into every single semantic of your loan
17:04
Speaker 4: before you get involved, because I think a lot of
17:07
Speaker 4: people just look at that interest rate.
17:08
Speaker 2: And go I want the lowest interest rate, and.
17:10
Speaker 4: It's like okay, But with the lowest interest rate might
17:13
Speaker 4: come additional fees and a few constraints that you might
17:17
Speaker 4: not want to consent to. So understanding what you're signing
17:20
Speaker 4: up for is really important. But I guess TLDR i'd
17:23
Speaker 4: be talking to your broker and asking, hey, friend, what
17:26
Speaker 4: bank can I go with that will give me as
17:28
Speaker 4: many offsets as I want because that's how I budget
17:31
Speaker 4: in cash flow, and that's really important to me.
17:34
Speaker 2: Is basically where i'd be going.
17:35
Speaker 4: And if you don't have a broker, obviously shameless plug again,
17:38
Speaker 4: just go see Kate, because you'll.
17:39
Speaker 2: Saw you out turn out to you love Kate, Love Kate. Yeah,
17:42
Speaker 2: we will. You have to shoose your colleague. They're the rules.
17:45
Speaker 2: I made them. Every Yeah.
17:47
Speaker 4: Yeah, I just get all these people together and I'm like, now, Keith,
17:50
Speaker 4: like it's very, very important. But is there anything you
17:54
Speaker 4: guys would like to add to that. I feel like
17:55
Speaker 4: it was relatively straightforward. Get more offset accounts?
17:59
Speaker 2: Yeah.
17:59
Speaker 6: I like budget that way, so I feel like when
18:01
Speaker 6: I one day buy a house, that'll be something that
18:03
Speaker 6: I try and prioritize for sure.
18:04
Speaker 2: Beck, what's your advice?
18:05
Speaker 5: I would say that you're doing a great job and
18:08
Speaker 5: keep it up.
18:11
Speaker 2: Oh my gosh.
18:11
Speaker 4: All right, We've got a bit of a spicy DM
18:13
Speaker 4: to share with you this week. And I say it's
18:15
Speaker 4: spicy one because of the topic. But two, you know
18:18
Speaker 4: what Jess said off air before we got recording, Beck,
18:22
Speaker 4: She said she thinks that you, Jess and I we're
18:25
Speaker 4: going to be fighting over what we think is right
18:27
Speaker 4: and wrong here, so you might see the first ever
18:30
Speaker 4: she's on the Money street fight.
18:33
Speaker 2: Straight. Do you know what?
18:37
Speaker 4: Jess gorgeous, stunning, like one of the hottest people I've
18:41
Speaker 4: met in my entire life, really intelligent, and then she
18:44
Speaker 4: comes out with stuff like that and you're like, you
18:46
Speaker 4: really are from the West Side, aren't you.
18:48
Speaker 2: She's got a little bit a little bit of West
18:50
Speaker 2: Side in it. Yeah, I believe that she could. I believe.
18:53
Speaker 4: Yeah, sometimes I'm a little bit scared. You just got
18:57
Speaker 4: a tread with caution. Anyway, this week's community dilemma like this, Hey, girls,
19:01
Speaker 4: need your advice. My partner and I recently broke up.
19:04
Speaker 4: We lived in a sharehouse with two of his friends.
19:06
Speaker 4: There are three bedrooms, and we shared the biggest bedroom
19:09
Speaker 4: and had a private bathroom, so we both paid a
19:12
Speaker 4: little bit more rent than the other housemates. After the breakup,
19:15
Speaker 4: I'm moving back home and he's staying in the house.
19:18
Speaker 2: However, he's asked me to keep paying.
19:20
Speaker 4: My rent for the next few months, as he can't
19:22
Speaker 4: afford both his and my portion of the rent. I
19:26
Speaker 4: think maybe him and the other two housemates should be
19:28
Speaker 4: splitting this extra rent between them until they find a solution.
19:33
Speaker 4: But then the other housemates find this unfair, which I
19:37
Speaker 4: can understand, as why should their rent increase just because
19:40
Speaker 4: we broke up and I'm moving out? Do I keep
19:43
Speaker 4: paying rent even though I don't live there anymore. Of
19:45
Speaker 4: course I don't want to, but I don't want to
19:47
Speaker 4: put financial stress on anyone. The whole thing is very messy,
19:51
Speaker 4: and any advice is appreciated.
19:54
Speaker 6: So I'm going to operate on the assumption here that
19:56
Speaker 6: it's a twelve month lease. Okay, right, Yes, Well I
20:00
Speaker 6: don't know it's because I'm assuming if they were not
20:02
Speaker 6: on a twelve month lease, they were month to months,
20:04
Speaker 6: you would just give your notice to fake ate like
20:06
Speaker 6: you would no matter what. So just setting that as
20:09
Speaker 6: the ground shot point for all of our perspectives.
20:12
Speaker 2: Who wants to take it away?
20:14
Speaker 4: Now, you guys can go, because I feel like I
20:17
Speaker 4: am going to be opinionated on this because I went
20:19
Speaker 4: through this and I was the one that broke up.
20:21
Speaker 5: Okay, well, then I think just go to you can
20:25
Speaker 5: go first.
20:26
Speaker 2: Okay.
20:26
Speaker 6: I think that assuming you've signed on to a twelve
20:29
Speaker 6: month lease, that is your financial responsibility, Like everyone has
20:32
Speaker 6: moved into this house on the agreement that we will
20:35
Speaker 6: be living and we will be paying these amounts for
20:37
Speaker 6: twelve months, regardless of your personal life, regardless if you
20:41
Speaker 6: were splitting, regardless if you decided to add a third
20:43
Speaker 6: person to your room, and split the rent three ways
20:46
Speaker 6: with them, Like your room and the two other rooms
20:48
Speaker 6: have an agreed value that you have all said.
20:50
Speaker 2: You will pay for twelve months.
20:53
Speaker 6: So if you've broken up, it's not the housemates problem.
20:56
Speaker 6: The amount that they're paying should not change, full stop,
20:58
Speaker 6: end of story between you and your partner. I kind
21:01
Speaker 6: of feel like, again, you've both agreed to pay this
21:05
Speaker 6: rent for twelve months. So as much as it sucks
21:07
Speaker 6: that you're moving out, and as much as it sucks
21:09
Speaker 6: that you've broken up, it is still your financial responsibility.
21:13
Speaker 6: Are there ways around that? Absolutely? Like could you split
21:16
Speaker 6: the room like some nights, like maybe you rotate between
21:19
Speaker 6: your parents' house and there shared custody.
21:21
Speaker 2: I don't know. Could you imagine, could you look at it?
21:24
Speaker 2: I couldn't imagine anything worse.
21:25
Speaker 6: I can't think there are other options you can explore.
21:29
Speaker 6: Do you look at both of you moving out? Like
21:31
Speaker 6: replacing yourselves with another couple or somebody else also an
21:33
Speaker 6: option on the table. But I just think that ultimately
21:37
Speaker 6: you have signed a contract. That's what a lease is.
21:40
Speaker 6: You need to adhere to that contract, regardless of if
21:42
Speaker 6: you're living there or not. If everyone in the house
21:45
Speaker 6: wanted to break the lease, you would have obligations to
21:48
Speaker 6: the property management company or to your landlord. And I
21:50
Speaker 6: think that should still stand, even though there's like personal
21:53
Speaker 6: dynamics that are now coloring that. And I know that
21:56
Speaker 6: that's a harsh point to take, but how all.
22:00
Speaker 5: Right, Okay, okay, I think if what you're saying is true.
22:10
Speaker 4: If the assumptions Jessica Ricci has drawn the twelve monthly, assuming.
22:15
Speaker 5: The twelve monthly thing, I tend to agree with you. However,
22:20
Speaker 5: it does sound like it's leaning more toward your regular
22:24
Speaker 5: sharehouse vibe, in which case there's not a lot of
22:29
Speaker 5: commitment there when you're just like in a share house.
22:31
Speaker 5: I would just say, if, hey, if you want to
22:33
Speaker 5: stay in this house that we both moved into so
22:37
Speaker 5: you can live with your friends, then you're going to
22:39
Speaker 5: have to pay the rent. But if we both kind
22:42
Speaker 5: of ford the anemore because we're splitting up, then we'll
22:44
Speaker 5: both have to move out. But if your friends want
22:47
Speaker 5: him to stay there, then they can all agree on
22:51
Speaker 5: a different rent price. Doesn't mean that I'll be paying equal,
22:54
Speaker 5: but maybe one of them can.
22:55
Speaker 2: Make the situation.
22:57
Speaker 5: Maybe they like the living situation and they're willing to
23:00
Speaker 5: pay a little bit more to keep him there and
23:02
Speaker 5: keep the dynamic and stuff like that. But honestly, it
23:05
Speaker 5: sounds very share housey, and I feel like he can
23:07
Speaker 5: get out of this situation easily if he wanted to.
23:10
Speaker 5: But seems like he's just really comfortable and he doesn't
23:12
Speaker 5: want to pay any more rent, which I think is
23:14
Speaker 5: a little bit unfair.
23:15
Speaker 2: That's the case, I.
23:16
Speaker 6: Feel like he should move out, Like I feel like
23:17
Speaker 6: it's a case of either like you both continue to
23:20
Speaker 6: pay the rent and you decide who lives there or
23:22
Speaker 6: what that situation looks like, or you like, one of
23:25
Speaker 6: you moved out and the other takes on the full
23:27
Speaker 6: amount of the rent, or you both move out and
23:30
Speaker 6: replace yourself. Yes, what do you think what happened when
23:32
Speaker 6: you So you're going to be like.
23:34
Speaker 2: No paid it all? No, not paid at all? No patriarch,
23:38
Speaker 2: Oh my god, patriarchy.
23:45
Speaker 4: Okay, So the way I was going to start if
23:49
Speaker 4: you had left me was was around how you structured
23:53
Speaker 4: I guess the rent, Like, let's say there was like
23:56
Speaker 4: three bedrooms and one of the bedrooms was significantly more, Like,
24:00
Speaker 4: are you just allocating rent based on the three bedrooms
24:04
Speaker 4: that exist? In going Okay, bedroom ones worth two hundred dollars,
24:07
Speaker 4: bedroom twos where three hundred dollars, and bedroom flours worth
24:10
Speaker 4: five hundred because of the different facilities associated and attached
24:14
Speaker 4: to that room.
24:15
Speaker 2: Right.
24:15
Speaker 4: Yeah, So when I used to live in a sharehouse,
24:17
Speaker 4: which some of you have probably come to string together,
24:21
Speaker 4: was relatively toxic. I also was going through a breakup
24:25
Speaker 4: with my partner at the time, and we were arguing
24:28
Speaker 4: a lot, but it was about whether he should pay
24:32
Speaker 4: for my portion if I was leaving, and about who
24:35
Speaker 4: should take that on. So the way we split rent
24:37
Speaker 4: was based on the bedrooms, so it wasn't based on
24:40
Speaker 4: the occupants of the bedroom because if you want to
24:42
Speaker 4: bring down your rent, beck you could get a roommate,
24:44
Speaker 4: like you could just you know, share that room with whoever.
24:47
Speaker 4: So we would split the rent via three because there
24:49
Speaker 4: were three bedrooms, but there were four people living in
24:52
Speaker 4: the house, so we split bills by four because we went, okay,
24:55
Speaker 4: col that bedroom you can use however you want, is
24:58
Speaker 4: a two hundred dollars a week bedroom or whatever it was.
25:01
Speaker 4: But the bills are all equal because we all draw
25:05
Speaker 4: you know, basically the same amount of power. Like unless
25:08
Speaker 4: you're going to get real petty and talk about the
25:10
Speaker 4: light in the bedroom. But like we all shower, we
25:12
Speaker 4: all use the kitchen, et cetera. So that's how we
25:15
Speaker 4: split it. And so I think it's really it's smart
25:18
Speaker 4: before you're moving in with somebody to really consider, Okay,
25:22
Speaker 4: well what if this relationship didn't work out? I have
25:25
Speaker 4: said so many times, plan for the worst, expect the best.
25:28
Speaker 4: So like, let's go, Beck, if you moved in with
25:30
Speaker 4: a partner and that bedroom was three hundred and fifty
25:33
Speaker 4: dollars a week and you genuinely couldn't afford it if
25:37
Speaker 4: your partner and you broke up, like, what would be
25:40
Speaker 4: the solution there? And I think having that conversation before
25:43
Speaker 4: moving in is really important. It's not very sexy, but
25:45
Speaker 4: I do think it's important and would have saved this argument.
25:48
Speaker 4: I also look at it and go, Okay, I don't
25:51
Speaker 4: think it's the housemate's responsibility because you're the ones that said, okay,
25:56
Speaker 4: I'm committing to this room, and you committed to them
25:59
Speaker 4: as much as you committed to your partner.
26:01
Speaker 2: In my opinion, like if the.
26:03
Speaker 4: Three of us moved in together and I brought my husband,
26:05
Speaker 4: Steve like me saying Okay, well, I'll take the expensive
26:08
Speaker 4: room because it's the two of us that takes the
26:11
Speaker 4: financial pressure off you guys, and I've agreed to do that.
26:14
Speaker 4: I can't just change my mind later because it doesn't
26:17
Speaker 4: work out for me. Like, my personal life is not
26:19
Speaker 4: your responsibility, and vice versa, so I don't think that's
26:22
Speaker 4: fair to put it on the how the housemates. I
26:24
Speaker 4: think you and your partner should work it out. In
26:27
Speaker 4: my circumstance, I moved out because I don't know if
26:30
Speaker 4: you've met me, but I'm the type of person that's like,
26:32
Speaker 4: I'm leaving and then wants.
26:34
Speaker 2: To be dramatic. Shit is the drama. I'm the drama.
26:36
Speaker 4: So I wanted to leave, and I did, but I
26:39
Speaker 4: continue to pay rent until we had agreed that that
26:43
Speaker 4: would be fair. So then the conversation came up, Yes,
26:46
Speaker 4: that person took over my portion of the rent and
26:49
Speaker 4: that room was expensive. Who knows what happened after that,
26:52
Speaker 4: not my circus, not my monkey's, not my business. But
26:56
Speaker 4: we agreed, Okay, cool, Like we've decided to part ways
27:00
Speaker 4: for a few weeks while you work out what you're doing,
27:02
Speaker 4: but like, I'm not committing to this ongoing so you
27:05
Speaker 4: can either continue to pay it, or they can find
27:06
Speaker 4: a new housemate who is willing to pay it because
27:09
Speaker 4: it was never a completely unreasonable amount. I think that's
27:13
Speaker 4: one of the risks when you move into a house,
27:15
Speaker 4: Like let's say there were four people in the house
27:17
Speaker 4: and you decided to split rent equally between all four people.
27:20
Speaker 4: I think that's where you run into a little bit
27:23
Speaker 4: of trouble because that financial burden then is doubling somebody
27:28
Speaker 4: else's rent. And I guess the way you're splitting it
27:31
Speaker 4: means that people aren't.
27:33
Speaker 2: Going to feel like it's so fair.
27:35
Speaker 4: Whereas if you just put a number and this is
27:37
Speaker 4: the value of each bedroom, like you can have that
27:40
Speaker 4: bedroom and do with it what you want, Like that's
27:43
Speaker 4: your private space. Beck if you want to get like
27:45
Speaker 4: five housemates and put bunk beds in there, like, I mean,
27:48
Speaker 4: people aren't probably going to consent to that, but you
27:50
Speaker 4: could technically do that because it's your room to share.
27:54
Speaker 4: Whereas I think that splitting it per head gets a
27:57
Speaker 4: little bit dangerous, especially if somebody leaves, because and it
28:00
Speaker 4: really needs to be renegotiated, and it's about that conversation, right, like,
28:03
Speaker 4: oh well, what if Jess leaves, then there's three of us.
28:06
Speaker 2: Do we need to split it equally?
28:07
Speaker 4: Like, it's just so much easier to put a price
28:10
Speaker 4: on her bedroom and be like, okay, cool, that bedroom's
28:13
Speaker 4: worth X. And then it's the responsibility of the people
28:16
Speaker 4: in it to work their own stuff out.
28:18
Speaker 2: It's not housemates' responsibility. Yeah, I agree, agreed. Jessica thought
28:21
Speaker 2: we were all going to have a fight. I think
28:28
Speaker 2: that once mics turned off, she's going to come for it.
28:32
Speaker 2: She's savage.
28:33
Speaker 4: But we did ask our community about it, so we said,
28:36
Speaker 4: have you experienced a housemate unexpectedly moving out? Forty eight
28:39
Speaker 4: percent of you said, yep, life happens. Life happens If yes,
28:43
Speaker 4: who paid their rent?
28:44
Speaker 2: Like this?
28:45
Speaker 4: I feel like it's hard because it's not just like,
28:47
Speaker 4: oh I did a partner break up with you. It's
28:49
Speaker 4: like if your housemate moved out, who paid the rent?
28:51
Speaker 4: So sixty one percent of you said they paid the
28:53
Speaker 4: rent until we found someone new, which.
28:55
Speaker 2: I think is fair.
28:56
Speaker 4: And then thirty nine percent of you said I paid
28:59
Speaker 4: the rent until we found someone new.
29:01
Speaker 6: Oh. I just don't think anyone should be responsible for
29:04
Speaker 6: somebody else's choices financially.
29:06
Speaker 4: No, neither, it's funny because I used to have a
29:08
Speaker 4: housemate way back when, same toxic house.
29:11
Speaker 2: You're not going to be surprised to hear this.
29:13
Speaker 4: Who would be like, Oh, I shouldn't have to pay
29:15
Speaker 4: rent over Christmas because I actually go back to my parents' house. Yeah,
29:19
Speaker 4: when breaks off, I go back. And we were like no, like,
29:25
Speaker 4: I don't care if you're off, you need for three
29:26
Speaker 4: months and living at your parents' house that's technically still
29:28
Speaker 4: your bedroom. And she'd be like, well, I'll sublease it
29:30
Speaker 4: and we were like yeah, cool, like one our lease
29:33
Speaker 4: agreement says it's no subletting, but to none of us
29:36
Speaker 4: would be comfortable with a random living here for three months,
29:39
Speaker 4: like we don't want to do this.
29:40
Speaker 2: And then she thought we were the.
29:41
Speaker 4: Devils, like because she was like, I am actively choosing
29:46
Speaker 4: to go and live somewhere else and now it's your burden, Jess. Oh,
29:50
Speaker 4: it's just the same housemate that stole my underwear.
29:52
Speaker 2: And also throughout all the meat must sound so.
29:57
Speaker 4: Do you know what I'm going to do a little
29:58
Speaker 4: stalky stalk later and see that person's out right now.
30:01
Speaker 2: Love to know. Let's do that together, Yes, let's do
30:03
Speaker 2: that all right?
30:04
Speaker 4: So next we asked if you were in this situation,
30:07
Speaker 4: who would you expect to pay the rent? Sixty two
30:10
Speaker 4: percent of you said the partner who is still living
30:12
Speaker 4: at the house. Fifteen percent of you said the partner
30:15
Speaker 4: who is moving out of the house.
30:17
Speaker 2: So that's quite low. I thought that was five.
30:20
Speaker 4: Yeah, and twenty three percent of you said the partner
30:22
Speaker 4: living there and the housemates should cover it. Yes, I
30:26
Speaker 4: don't think the housemates should cover it at all.
30:28
Speaker 6: Yeah, I was I saying my real life, like, I
30:30
Speaker 6: don't really care how the partners work it out, Like,
30:32
Speaker 6: I think that's between you and your relationship. Do I know,
30:34
Speaker 6: I can your financial situation. The line in the sand
30:36
Speaker 6: for me is around the housemates. It's not their problem.
30:39
Speaker 4: No, no, And we had a few good messages that
30:41
Speaker 4: shed a little bit of insight. So we had one
30:43
Speaker 4: that said, hello, I'm a property manager, so I might
30:45
Speaker 4: be able to help here. If there isn't anything in writing,
30:48
Speaker 4: she isn't responsible. And then in brackets, always have a
30:50
Speaker 4: lease even when you sublet, so it comes down to
30:53
Speaker 4: what she wants to do morally, Yeah, which I think
30:56
Speaker 4: is you know fair. Someone else said if the lease
31:00
Speaker 4: a periodic lease month to month, so I think they
31:02
Speaker 4: went down the same thought process as missage.
31:04
Speaker 2: Really actually that's a big factor.
31:06
Speaker 4: And on that lease, they need to give twenty eight
31:08
Speaker 4: days notice and make sure rent is paid up until
31:10
Speaker 4: that date, or they can leave before the twenty eight days,
31:13
Speaker 4: but still need to make sure that they've paid their
31:15
Speaker 4: rent up until that date. If it's a fixed term lease,
31:18
Speaker 4: it's more complicated and you really should be speaking to
31:21
Speaker 4: your real estate agent or your landlord from personal experience.
31:24
Speaker 4: If they've done the right things, you either split the
31:27
Speaker 4: amount between the remaining housemates or you get someone else
31:30
Speaker 4: in it to cover that portion. Someone else said, did
31:34
Speaker 4: they cheat though, Yeah, if it's a shipbreaker up, Yeah, yeah,
31:38
Speaker 4: I mean if you want to play that game, I
31:40
Speaker 4: will make it your financial burden.
31:43
Speaker 2: Mark, Sorry, you chose that life.
31:45
Speaker 4: Yeah, Like, if you want to do that, that's now
31:47
Speaker 4: your responsibility, and I back anyone who makes that decision.
31:52
Speaker 4: Someone else said, if they both got the place together,
31:54
Speaker 4: then it's both their responsibility to pay and find a
31:57
Speaker 4: solution to someone taking over that room.
32:00
Speaker 2: Unless the ex wants to stay in that room, then
32:02
Speaker 2: he should.
32:02
Speaker 4: Pay for the whole thing because she's moving out and
32:05
Speaker 4: that's the solution only my opinion, though, I think that's
32:09
Speaker 4: really really quite smart. A few other comments just said
32:12
Speaker 4: split between the partners. Maybe other people said.
32:15
Speaker 2: Did they cheat? Did you cheat? What happened?
32:17
Speaker 4: I feel like a lot of people want to know
32:19
Speaker 4: the semantics of this breakup, because, after all, we are
32:22
Speaker 4: the She's on the Money community, and we do encourage
32:24
Speaker 4: perfect questions, but we will not be asking our DM
32:28
Speaker 4: this week how that happened, because she's on the relationship
32:31
Speaker 4: where she's on the money. But I think summary of
32:33
Speaker 4: that is it's between the two of you, it's not
32:35
Speaker 4: actually between the housemates.
32:36
Speaker 2: And from what it sounds like, your.
32:40
Speaker 4: Partner wants to stay in that house, which means he
32:42
Speaker 4: wants to take over that lease.
32:44
Speaker 2: I would agree, yeah.
32:45
Speaker 4: If he wants to do that, and then he can
32:48
Speaker 4: work that out. However he wishes to work it out,
32:50
Speaker 4: and if he does it with his housemates, like, that's
32:51
Speaker 4: not your circus, not your monkeys.
32:53
Speaker 2: Interesting, no fight to be had. Wow, damn, I really
32:56
Speaker 2: thought this was going to get spicy, and I was
32:58
Speaker 2: kind of excited. Tso kind to each other.
33:01
Speaker 4: Yeah, we'll have a fight later, all right, let's go.
33:04
Speaker 4: I want to get fish pole for lunch and I
33:06
Speaker 4: hope you guys have the best weekend.
33:08
Speaker 2: We will see you for money Darries on Monday.
33:10
Speaker 6: See you later, Bye bye.
33:18
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33:21
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33:25
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