Latest / She's On The Money / Roller-coasters, Redundancies & the Illusive Pay Rise!

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Roller-coasters, Redundancies & the Illusive Pay Rise! · She's On The Money

• 0:00
  Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yor
• 0:04
  Speaker 1: the Order Kerni Whoalbury and a waddery woman. And before
• 0:08
  Speaker 1: we get started on She's on the Money podcast, I
• 0:11
  Speaker 1: would like to acknowledge the traditional custodians of the land
• 0:14
  Speaker 1: of which this podcast is recorded on a wondery country,
• 0:18
  Speaker 1: acknowledging the elders, the ancestors and the next generation coming
• 0:22
  Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing
• 0:27
  Speaker 1: and the storytelling of you to make a difference for
• 0:30
  Speaker 1: today and lasting impact for tomorrow.
• 0:33
  Speaker 2: Let's get into it.
• 0:34
  Speaker 3: She's on the Money, She's on the Money.
• 0:57
  Speaker 4: Hello, and welcome to She's on My Me the podcast
• 1:01
  Speaker 4: Millennials who Want Financial Freedom. Today is Friday, which means
• 1:05
  Speaker 4: it's time to get the team together and celebrate you
• 1:07
  Speaker 4: the incredible She's on the Money community. Today, I'm going
• 1:10
  Speaker 4: to share some of my favorite money wins. Beck is
• 1:13
  Speaker 4: going to share some of her best broke tips, and
• 1:15
  Speaker 4: we're going to be helping to answer a juicy money
• 1:17
  Speaker 4: to Lemma, which this week is all about redundancy. We're
• 1:20
  Speaker 4: also going to unpack something U slid into our DMS
• 1:22
  Speaker 4: about which is all about navigating pay rises.
• 1:25
  Speaker 2: I feel like.
• 1:26
  Speaker 4: Tis the season and the financial year. We're taking stock
• 1:30
  Speaker 4: and it's just the girls this week, just me and Bet.
• 1:32
  Speaker 2: This is so nice.
• 1:33
  Speaker 4: Is nice?
• 1:33
  Speaker 2: We never get to spend that much time together.
• 1:35
  Speaker 4: This is love.
• 1:36
  Speaker 2: It feels so cozy. Do you feel crazy? Do you
• 1:38
  Speaker 2: feel cozy?
• 1:38
  Speaker 4: Cozy and safe and loved. I think it's just going
• 1:41
  Speaker 4: to be a good episode, you know, I think so.
• 1:43
  Speaker 2: I think.
• 1:43
  Speaker 4: So.
• 1:43
  Speaker 2: How's you we been? It's been good.
• 1:45
  Speaker 4: I have nothing exciting to report from me. It's been
• 1:47
  Speaker 4: very cold. I saw a post somewhere that said Australia
• 1:52
  Speaker 4: is the worst performing in like the world for installation
• 1:58
  Speaker 4: in housing, which I don't know what the standard of
• 2:00
  Speaker 4: that is, but apparently to be like above standard, your
• 2:04
  Speaker 4: house needs to sit at like eighteen degrees overnight with
• 2:07
  Speaker 4: no heating or cooling. And I'm assuming like different places,
• 2:10
  Speaker 4: it must be different, because like if you live in Iceland,
• 2:12
  Speaker 4: maybe totally you know what I mean.
• 2:14
  Speaker 2: I don't know the specifics, but.
• 2:16
  Speaker 4: I just saw this posts that said we performed really badly,
• 2:18
  Speaker 4: and I thought about it this week because every morning
• 2:20
  Speaker 4: I've gotten up to fourteen degrees in my house. How
• 2:23
  Speaker 4: do you know that because we have our thermostat tells
• 2:25
  Speaker 4: us of.
• 2:26
  Speaker 5: Course you have a thermo stuff for the heating. In
• 2:32
  Speaker 5: my mind, I'm like, you have like a little thermodon.
• 2:36
  Speaker 2: After you churn your butter when we checked the Seriously,
• 2:43
  Speaker 2: apart from that, nothing at all. How about you? Cool?
• 2:47
  Speaker 2: This week? This week? This week? What have I done?
• 2:49
  Speaker 5: You know, just like just doing a lot of freelance stuff,
• 2:52
  Speaker 5: started doing some videos for How cool is that?
• 2:54
  Speaker 4: I love him? I love seems like the nicest person.
• 2:58
  Speaker 2: He's so sweet, you know.
• 3:00
  Speaker 5: When I was like chatting to him about this video stuff,
• 3:03
  Speaker 5: he was like, I'm so grateful that you wanted to
• 3:05
  Speaker 5: meet with me. I'm like, what the hell You're Asha Gunsberg,
• 3:10
  Speaker 5: the Thesha Gunsberg.
• 3:12
  Speaker 2: It's like the literal queen coming back from the day.
• 3:15
  Speaker 5: And be like, oh my god, thank you so much
• 3:17
  Speaker 5: for me. No, thank you so much for meeting with me.
• 3:20
  Speaker 1: You know.
• 3:21
  Speaker 2: So sweet.
• 3:21
  Speaker 5: But anyway, so just been working heaps. Haven't been paid yet,
• 3:25
  Speaker 5: and that's okay. I feel like it's the same old
• 3:27
  Speaker 5: story with me every week, and like I'm broke.
• 3:29
  Speaker 2: I'm broke.
• 3:30
  Speaker 4: But one day you're in the middle of like a
• 3:31
  Speaker 4: tough cycle, like everything's changed, and everything's on like thirty
• 3:35
  Speaker 4: day payment terms or monthly payment. That's really I feel
• 3:38
  Speaker 4: like a lot of us have been in that situation
• 3:40
  Speaker 4: where you started a new job maybe and you finish
• 3:43
  Speaker 4: your old job, but you have like a month where
• 3:44
  Speaker 4: you don't get paid because you've come in like just
• 3:46
  Speaker 4: after the cycle.
• 3:48
  Speaker 2: Yes, oh my goodness. But then when you get that pay, god,
• 3:51
  Speaker 2: it's fat.
• 3:52
  Speaker 4: What are your payment terms on your voices? By the way,
• 3:54
  Speaker 4: that's a great question. I never really have been a freelancer.
• 3:57
  Speaker 4: This whole thing is new to me.
• 3:58
  Speaker 5: But I put, like I was trying to be cheeky,
• 4:01
  Speaker 5: and I was like, my date that this is due?
• 4:03
  Speaker 5: Is this what you're talking about, by the way, like
• 4:05
  Speaker 5: date the next Yeah, when you're catch So I put
• 4:08
  Speaker 5: like a week, and then they came back and they're like, actually,
• 4:11
  Speaker 5: it's thirty days for us, And I was like, oh, okay, Yeah,
• 4:13
  Speaker 5: I didn't argue, so I guess now it's like a
• 4:16
  Speaker 5: thirty day turnaround.
• 4:18
  Speaker 2: Yeah. Is that the norm? It depends.
• 4:20
  Speaker 4: Say, I know that a lot of businesses will process
• 4:23
  Speaker 4: the invoices monthly. My old corporate job, that was one
• 4:25
  Speaker 4: of my jobs was we process like the company's like
• 4:27
  Speaker 4: outstanding invoices and that was like a once a month tash. Sure,
• 4:32
  Speaker 4: but I personally feel like in this day and age,
• 4:35
  Speaker 4: there's no good reason to not pay within My payment
• 4:38
  Speaker 4: terms are fourteen days usually on my invoices, unless someone
• 4:41
  Speaker 4: comes back back with you and says, oh, can we
• 4:44
  Speaker 4: adjust that? And then normally I'm relatively flexible, but I
• 4:47
  Speaker 4: mean it's very inconvenient in your situation currently, and I
• 4:51
  Speaker 4: mean it is up for debate, Like they can come
• 4:53
  Speaker 4: back and say thirty and you could have said, can
• 4:54
  Speaker 4: we meet in the middle of fourteen or something? Sure,
• 4:57
  Speaker 4: Like it just needs to be agreed upon. But my
• 4:59
  Speaker 4: standard term on my freelance in voices are fourteen days usually. Okay,
• 5:04
  Speaker 4: maybe I'll do that. I didn't think to do that.
• 5:05
  Speaker 4: I was just like, oh, you know more than I do,
• 5:07
  Speaker 4: because I never even that's just about their processes and
• 5:11
  Speaker 4: make sure their life easy. They're like, we want to
• 5:12
  Speaker 4: process it within this amount of time, and I mean
• 5:14
  Speaker 4: it depends as well. Like I feel like at the moment,
• 5:17
  Speaker 4: you're in the position where we have all been where
• 5:18
  Speaker 4: you're kind of likeck, I'll just take what I can get,
• 5:20
  Speaker 4: thank you so much, Like I don't want to argue,
• 5:22
  Speaker 4: don't want to rock the boat, which is totally fine.
• 5:25
  Speaker 4: But I think once you're a bit more settled and
• 5:27
  Speaker 4: you know, a bit more feeling like you're in your
• 5:29
  Speaker 4: center of power or whatever, you can be a little
• 5:31
  Speaker 4: bit more like you can push back on it a
• 5:33
  Speaker 4: little more because it is not that hard to facilitate
• 5:37
  Speaker 4: unless they are literally just paying an accountant one day
• 5:41
  Speaker 4: out of a month to process things, gotcha. Generally speaking,
• 5:45
  Speaker 4: it can be done if it needs to be.
• 5:47
  Speaker 2: Yeah, okay.
• 5:48
  Speaker 5: I have this like funny thing that's like, you know,
• 5:50
  Speaker 5: when you argue back or like not it's not arguing,
• 5:53
  Speaker 5: but like you push back on something or you like
• 5:55
  Speaker 5: come back with like you try and meet in the middle.
• 5:57
  Speaker 5: In my mind, I'm always like, oh my gosh, they're
• 5:59
  Speaker 5: going to be like, actually, you know what, since you're
• 6:02
  Speaker 5: being difficult, we're not going to pay this ever, So
• 6:05
  Speaker 5: that's my fear.
• 6:06
  Speaker 2: But I will if you've already done the work.
• 6:07
  Speaker 5: If it can't work that right, they come like, no,
• 6:10
  Speaker 5: you're being annoying, We're not going to pay you.
• 6:12
  Speaker 4: No. I mean, I think it's probably good to get
• 6:14
  Speaker 4: out of the way a set of time, like when
• 6:16
  Speaker 4: you're onboarding a client, or when you're like speaking to
• 6:19
  Speaker 4: someone about potentially like working with them, it's a good
• 6:21
  Speaker 4: thing to just kind of flag or you have like
• 6:23
  Speaker 4: a generic email that you send with all of your
• 6:25
  Speaker 4: basic actes and c's or whatever, because then you can
• 6:27
  Speaker 4: kind of avoid that down the track. But yeah, otherwise,
• 6:30
  Speaker 4: like it's like anything, it's all up for discussion.
• 6:33
  Speaker 2: Okay, really good to know.
• 6:34
  Speaker 5: Actually, it has been a rough few weeks, as you know,
• 6:36
  Speaker 5: I think I want to live vicariously through other people.
• 6:39
  Speaker 2: So let's go through money wins.
• 6:41
  Speaker 4: Well done, it's done. It was very smooth. I've got
• 6:46
  Speaker 4: a bunch of really good ones. I'm going to start
• 6:48
  Speaker 4: with one from Malice, who said I went to Woolworth's
• 6:51
  Speaker 4: yesterday for a few items, and a lovely lady at
• 6:54
  Speaker 4: the self serve checkouts approached me to offer me a
• 6:57
  Speaker 4: gift basket on behalf of Woolworths because as they're trying
• 7:00
  Speaker 4: to help their customers out with cost of living. She
• 7:03
  Speaker 4: said it was a nice gesture and completely unexpected. And
• 7:05
  Speaker 4: then somebody else, Taylor, said she had the same experience.
• 7:09
  Speaker 4: So they must be just I don't know how they're
• 7:11
  Speaker 4: figuring out or deciding, but They're just randomly sprinkling little
• 7:14
  Speaker 4: my goodies to people.
• 7:16
  Speaker 2: Thought, I know I need to head to that war work.
• 7:19
  Speaker 4: I'm assuming it would be pretty much everywhere, but I
• 7:21
  Speaker 4: just thought that was a really nice I mean, you know,
• 7:24
  Speaker 4: really nice. They're making like record breaking profits and you know,
• 7:27
  Speaker 4: really screwing the pooch, but it's a really nice thing
• 7:30
  Speaker 4: for them to give some people to give fastt I
• 7:32
  Speaker 4: guess next, I've put the money in from Alana, who
• 7:35
  Speaker 4: said money loss. This one's a bit of a journey.
• 7:37
  Speaker 4: Money loss. Dropped an airport pro When I was out
• 7:39
  Speaker 4: in my walk money win. Found said AirPod pro on
• 7:43
  Speaker 4: the road. When I went back to look for Oh,
• 7:45
  Speaker 4: great money loss. Okay, it had been run over. I
• 7:48
  Speaker 4: see money win. Oh it did still God, sorry, this
• 8:10
  Speaker 4: is great money win.
• 8:12
  Speaker 2: It still worked.
• 8:14
  Speaker 4: Money loss. It only half since I told you it
• 8:17
  Speaker 4: was a journey's journey.
• 8:19
  Speaker 2: Money loss. It only half worked. So I bought a
• 8:22
  Speaker 2: new pair to claim on this year's tax.
• 8:24
  Speaker 4: Oh, it was all over the place that I do
• 8:27
  Speaker 4: actually have one extra money win.
• 8:29
  Speaker 2: Someone commented.
• 8:31
  Speaker 4: Catherine commented and said, if you take them into Apple
• 8:33
  Speaker 4: with your airpod's case because you've lost one or you've
• 8:36
  Speaker 4: had one runover or whatever, they'll replace it for cheaper.
• 8:40
  Speaker 2: And then somebody else said.
• 8:41
  Speaker 4: Apparently you can buy a single airport, like you can
• 8:45
  Speaker 4: replace just the one airpot.
• 8:46
  Speaker 2: Really email or something to I think it apple like
• 8:49
  Speaker 2: you can just buy a singular AirPod.
• 8:50
  Speaker 4: Which I thought was crazy because I just.
• 8:53
  Speaker 2: Assumed you'd have to.
• 8:53
  Speaker 4: I don't know why I assumed, but you just have
• 8:55
  Speaker 4: to buy a whole new one. And then I was like, well,
• 8:57
  Speaker 4: then you just have one extra airport in case you
• 9:00
  Speaker 4: lose one.
• 9:00
  Speaker 5: I don't know, well money lost, money loss again, because
• 9:04
  Speaker 5: there's people coming back and being like, hey, you didn't
• 9:06
  Speaker 5: have to do that, you could I know, Well.
• 9:09
  Speaker 2: It's all happening under this comment. That was the best journey.
• 9:15
  Speaker 2: I'm really sorry, Alana, but thank you so much for sharing.
• 9:17
  Speaker 5: I think that was absolutely, honestly amazing, so poetic.
• 9:21
  Speaker 2: I want more of these. Get out of ten for storytelling.
• 9:24
  Speaker 2: I love the storytelling. You good to know that you
• 9:26
  Speaker 2: can buy a singular pod.
• 9:28
  Speaker 4: As someone who absolutely I'm sure at some point in
• 9:31
  Speaker 4: my life I will lose an air pod. Yes, that
• 9:33
  Speaker 4: is so good to know. And I'm sure I've seen
• 9:35
  Speaker 4: or heard of people who have lost one and gone,
• 9:37
  Speaker 4: I have to buy a whole new one. How annoying.
• 9:39
  Speaker 2: Totally Apparently you don't have to apparently apparently.
• 9:43
  Speaker 4: Next, I've got money in from Claire. She said, money win.
• 9:46
  Speaker 4: She had over ten people RSVP no to were wedding
• 9:50
  Speaker 4: next month.
• 9:52
  Speaker 2: Great.
• 9:53
  Speaker 4: Someone replied and said, I love this outlook, and Claire
• 9:56
  Speaker 4: came back and said, I was getting so excited with
• 9:58
  Speaker 4: every note that came through because we hit one thousand
• 10:01
  Speaker 4: dollars that we wouldn't have to spend because of how
• 10:03
  Speaker 4: many people had said no ching. She said, hot tip,
• 10:06
  Speaker 4: do a weekday wedding. Not only will you say when
• 10:08
  Speaker 4: your per head costs, but some people are too busy
• 10:10
  Speaker 4: they can't even come.
• 10:10
  Speaker 2: Oh my god, that's actually a great idea. And it
• 10:12
  Speaker 2: sounds like no hard feelings.
• 10:14
  Speaker 5: She's she's so happy that's a wedding gift. One hundred percent.
• 10:17
  Speaker 5: Your gift is you know how people say your presence is.
• 10:22
  Speaker 2: Your lack of presence is a present. I feel like
• 10:24
  Speaker 2: that's a really positive way to spin it. Absolutely, I
• 10:26
  Speaker 2: love that. Well done, Claire.
• 10:28
  Speaker 4: Next, I've got money win from Angela, and she said
• 10:30
  Speaker 4: she's making use of free group fitness classes at her workplace.
• 10:34
  Speaker 4: She said, it's a strength and positive win for her wellbeing.
• 10:38
  Speaker 2: I just want to remind people YouTube.
• 10:40
  Speaker 4: I've been really into the YouTube yoga classes because as
• 10:44
  Speaker 4: you as I've said, I'm in my parts Princess era.
• 10:46
  Speaker 4: I'm loving it. Happily paid class but they're not cheap. Yeah,
• 10:49
  Speaker 4: and so I like to do yogur as well, but
• 10:51
  Speaker 4: I was like, I cannot justify having two sets of memberships.
• 10:55
  Speaker 4: So I've been yoga with Adrian. I feel like every
• 10:57
  Speaker 4: person on the planet knows yoga with Adrian. But you'll
• 11:00
  Speaker 4: hear me like you don't.
• 11:01
  Speaker 2: No, I don't.
• 11:02
  Speaker 5: But I'm also thinking like yoga's quite zen and then
• 11:04
  Speaker 5: like halfway through there's like the loudest KFC ad to
• 11:08
  Speaker 5: ever exist.
• 11:09
  Speaker 2: That I actually don't think I've had that problem about it.
• 11:13
  Speaker 4: I do like I turn the lights down, I try
• 11:15
  Speaker 4: and like set up like a yoga studio vibe but
• 11:17
  Speaker 4: a candle. Sure, I get it's like what if the
• 11:21
  Speaker 4: I don't care like the of your beautiful zen.
• 11:26
  Speaker 2: I'm just like in down with dogs in my mind.
• 11:32
  Speaker 2: That is the funniest thing. So it hilarious. Keep doing it.
• 11:35
  Speaker 2: Don't buy YouTube premium, just sit through the case through.
• 11:38
  Speaker 4: That just a good reminder, like if you're also wanting
• 11:41
  Speaker 4: to do your health journey and maybe a workplace doesn't
• 11:42
  Speaker 4: do them. Like there's so many people on YouTube who
• 11:45
  Speaker 4: do really awesome workouts, all different kinds too, and they're free.
• 11:49
  Speaker 2: Oh my god, that's so good. We love that.
• 11:52
  Speaker 4: Last I've got moneyven for Emily who said money win.
• 11:54
  Speaker 4: I saved six dollars on fuel with seven to eleven
• 11:56
  Speaker 4: fuel lock this week, fuel the same.
• 12:00
  Speaker 2: Fifteen bucks one time. Crazy. Well, I can't believe it.
• 12:03
  Speaker 4: Checking out the areas too, Like I drove down the
• 12:05
  Speaker 4: coast the other day and petrol in my area was
• 12:08
  Speaker 4: like two dollost twenty. Went down the coast, it was
• 12:10
  Speaker 4: only eighty. Yes, I was on my app so fast
• 12:13
  Speaker 4: locking that.
• 12:13
  Speaker 2: Oh my goodness.
• 12:15
  Speaker 5: But I saw in Melton one dollar sixty for those paying.
• 12:20
  Speaker 2: How good is that? He was sixty.
• 12:21
  Speaker 4: It was a couple of days ago. So if it's changed,
• 12:22
  Speaker 4: doesn't it pain you? I like, I remember feel so old.
• 12:27
  Speaker 4: I remember when I was like a dollar twenty for petrol.
• 12:30
  Speaker 4: I'm twenty and now I like, if I saw a
• 12:33
  Speaker 4: dollar twenty, I would lose my damn mind. Oh my god,
• 12:35
  Speaker 4: I would be filling up Jerry, I was about to say.
• 12:38
  Speaker 5: I'd buy so many jerocans. Oh my gosh, those were
• 12:42
  Speaker 5: the days. Honestly, I remember there was a time when
• 12:44
  Speaker 5: it was eighty nine cents again like in like he
• 12:46
  Speaker 5: went up to one fifty.
• 12:47
  Speaker 2: It was like the standard and went.
• 12:49
  Speaker 5: Down at eighty nine cents. You remember those days. No,
• 12:51
  Speaker 5: it was a very short period of time.
• 12:53
  Speaker 4: I'd a mister you remember producer remembers during COVID those
• 12:57
  Speaker 4: were the days.
• 12:57
  Speaker 2: Those were the.
• 12:58
  Speaker 5: Days, COVID days. I missed that when everyone was sick, kidding.
• 13:03
  Speaker 4: And we all were nice and supportive of each other,
• 13:07
  Speaker 4: exactly for me.
• 13:10
  Speaker 2: Do you have some beautiful broke tips? Though? To I do?
• 13:14
  Speaker 5: I do have some broke tips.
• 13:17
  Speaker 2: This is this is so weird. This never happened before.
• 13:19
  Speaker 2: It's just a coincidence. I have some broke tips.
• 13:22
  Speaker 5: Okay, So I only discovered this this morning, and apparently
• 13:27
  Speaker 5: guys knew for a long time. And I think I've
• 13:29
  Speaker 5: been spending a lot of money, way more than I
• 13:31
  Speaker 5: should have been.
• 13:32
  Speaker 2: But anyway, so.
• 13:34
  Speaker 5: I'm sure some people have heard of Energy Made Easy
• 13:38
  Speaker 5: dot gov do AU. So basically I went on there
• 13:40
  Speaker 5: this morning and I'm with house Shop, which I already
• 13:43
  Speaker 5: knew probably wasn't the cheapest, but I just typed it
• 13:46
  Speaker 5: all my details and then it kind of came back
• 13:48
  Speaker 5: with what I could be paying every year.
• 13:50
  Speaker 2: Like it gives you like offers, you upload.
• 13:52
  Speaker 4: One of your bills, right, so it assesses I think,
• 13:55
  Speaker 4: based on like it's giving you an accurate idea, like
• 13:57
  Speaker 4: it measures the amount that easy used and your hairs
• 14:01
  Speaker 4: it to pricing other places.
• 14:02
  Speaker 5: I'm pretty sure yes, And I don't know if you
• 14:04
  Speaker 5: have to upload the whole bill, but it just like
• 14:05
  Speaker 5: there's a number on your bill that you just have
• 14:08
  Speaker 5: to like enter into there. So just like make sure
• 14:09
  Speaker 5: you have bill handy. There's nothing more annoying than when
• 14:12
  Speaker 5: you're like, oh, just quickly do this while I'm like
• 14:14
  Speaker 5: scrolling on the toilet and they're like, can we have
• 14:15
  Speaker 5: your literally everything you've ever needed?
• 14:18
  Speaker 2: And it's so annoying. But anyway, so just have a
• 14:21
  Speaker 2: bill handy.
• 14:22
  Speaker 5: That's all you need and then go on, just jump
• 14:24
  Speaker 5: on and see what you can get because it's so
• 14:27
  Speaker 5: much cheaper than I want to pay, and it's almost
• 14:29
  Speaker 5: sickening how much I could have had. But anyway, now
• 14:33
  Speaker 5: I usually do start with community broke tips, but this
• 14:36
  Speaker 5: week because I put something on my story yesterday and
• 14:38
  Speaker 5: if you're not following me at BECKSID if you like,
• 14:41
  Speaker 5: and I just I.
• 14:42
  Speaker 2: Wanted to run through a few little broke tips.
• 14:44
  Speaker 5: That people had, which I think a lot of them,
• 14:46
  Speaker 5: Like some of them are general knowledge. Some of them
• 14:49
  Speaker 5: you might not have even thought of before. One that
• 14:51
  Speaker 5: we did talk about a long time ago. I think,
• 14:55
  Speaker 5: actually this is so weird because it.
• 14:56
  Speaker 2: Was just us two last night. I spoke about this.
• 15:00
  Speaker 5: I coined in from the reject shop and save all
• 15:03
  Speaker 5: You'll loose change suah. And if that's like I remember
• 15:06
  Speaker 5: talking about it, and I was saying that I like
• 15:07
  Speaker 5: put fifty bucks in and then like within twenty minutes
• 15:12
  Speaker 5: like had my mail, clippers and everything that I could
• 15:14
  Speaker 5: find to try and open it back up. But if
• 15:17
  Speaker 5: you're not like me, it's a really good way to
• 15:19
  Speaker 5: Obviously you won't get like interest and things like that,
• 15:22
  Speaker 5: but if you just want somewhere where you literally physically
• 15:26
  Speaker 5: cannot touch your money, just like chuck in a coined in,
• 15:29
  Speaker 5: they're actually pretty good.
• 15:30
  Speaker 2: They're very very hard to open.
• 15:31
  Speaker 4: The way to set up the habit of saving too,
• 15:33
  Speaker 4: just like getting it. I mean, like if you're someone
• 15:34
  Speaker 4: who will take it out of your bank. It's so
• 15:36
  Speaker 4: hard to touch. The nail clips aren't going to do
• 15:38
  Speaker 4: the job. Like it's a good way to just get it.
• 15:40
  Speaker 4: Like some people will put all their coins in. I
• 15:41
  Speaker 4: know someone who would save all their five dollar notes.
• 15:43
  Speaker 5: Is another one, Yes, exactly, And it does feel so
• 15:47
  Speaker 5: good and then you become motivated and you can get
• 15:49
  Speaker 5: out anyway. I've got another one that says, only is
• 15:52
  Speaker 5: a small pea sized amount of toothpaste. You don't need
• 15:54
  Speaker 5: to cover your entire toothbrush. This person has saved so
• 15:57
  Speaker 5: much money, genuinely, like over the year by just like
• 16:00
  Speaker 5: reducing the amount of toothpaste you use. Yeah, you still
• 16:04
  Speaker 5: you can scrub the teeth, you can get all over
• 16:06
  Speaker 5: the mouth, but you just like half your toothpaste about
• 16:09
  Speaker 5: and just see how much you save. And it doesn't
• 16:11
  Speaker 5: seem like a lot in the short term, but in
• 16:13
  Speaker 5: the long term, like how much you spending on toothpaste.
• 16:16
  Speaker 4: Laundry powder too, reduce the amount of lady put in
• 16:18
  Speaker 4: exactly since when I'm sorry, I went to buy laundry
• 16:21
  Speaker 4: pods the other day, sixty dollars for how many I
• 16:26
  Speaker 4: couldn't tell you, Like if they were like the pre
• 16:28
  Speaker 4: made pods, not like the box of powder.
• 16:30
  Speaker 2: Okay, I'm sorry, sixty dollars.
• 16:33
  Speaker 4: It was half priced at like thirty four or something,
• 16:36
  Speaker 4: and I was like, are you very joking? I genuinely
• 16:40
  Speaker 4: could up like powder only from now on.
• 16:42
  Speaker 2: I'm sorry. Yeah, oh I couldn't believe it. Oh my god.
• 16:46
  Speaker 2: That's but even then, yeah, less powder saved you more money. Yeah, totally,
• 16:50
  Speaker 2: We'll just cut your pot in half. You could do.
• 16:54
  Speaker 2: That would be very very messy.
• 16:55
  Speaker 5: That tide pod sensation where everyone was like eating them,
• 16:57
  Speaker 5: that is weird, but I get it.
• 16:58
  Speaker 2: They do look very like nice and chewek.
• 17:01
  Speaker 4: They very plump, plump, like the squeezing of them. I'm like,
• 17:06
  Speaker 4: I just like have a little bit.
• 17:10
  Speaker 5: Another person says potato cakes are still two dollars for
• 17:12
  Speaker 5: three in a lot of places, so you can get
• 17:14
  Speaker 5: it for filling and tasty snack all the cheap.
• 17:17
  Speaker 2: Everyone's forgotten about the potato cakes. Potato cake totally, that's
• 17:25
  Speaker 2: more than enough.
• 17:26
  Speaker 5: I mean not for me. I'm gonna go with like,
• 17:28
  Speaker 5: I'm gonna say nine potato cakes, but that's still what
• 17:31
  Speaker 5: is that like six bucks?
• 17:33
  Speaker 2: That's a whole meal, you know what? I mean chicken.
• 17:36
  Speaker 5: You So if all els veils, grab yourself a potato cake.
• 17:41
  Speaker 5: Someone said, inherent intergenerational wealth. Great ones and so easy
• 17:47
  Speaker 5: to do. It's so easy.
• 17:49
  Speaker 1: Now.
• 17:49
  Speaker 5: This one I found was I really do think was
• 17:51
  Speaker 5: interesting and it does probably seem like a little bit
• 17:53
  Speaker 5: out of reach for a lot of people. But avoid
• 17:54
  Speaker 5: paying rent by living in a van and occasionally how sitting.
• 17:58
  Speaker 5: I guess if you're like a solo and I've literally
• 18:00
  Speaker 5: thought about this in the past, like buy myself a van,
• 18:03
  Speaker 5: get an anytime fitness membership, shower it anytime fitness.
• 18:06
  Speaker 2: Yeah, and then occasionally how sit?
• 18:09
  Speaker 4: I get van life stuff on my TikTok a lot. Yeah,
• 18:12
  Speaker 4: And it looked so fun, so fun, so fun. Another
• 18:16
  Speaker 4: good one is pet sitting or house sitting. Yes, a
• 18:18
  Speaker 4: friend of ours rate from mindlin your money actually house
• 18:21
  Speaker 4: sat for like a prolonged period of time. I think
• 18:23
  Speaker 4: she was house sitting and petty sitting for someone through
• 18:25
  Speaker 4: like a platform. I can't remember what it was, but
• 18:27
  Speaker 4: she lived there for I want to say, over a month,
• 18:30
  Speaker 4: Like it was a prolonged period of time. And you're
• 18:33
  Speaker 4: paid to like live, which is crazy.
• 18:36
  Speaker 2: Oh, you're saving so much money.
• 18:38
  Speaker 4: You're saving so much money, you get to live somewhere
• 18:40
  Speaker 4: nice and maybe in a cool location. Maybe there's a
• 18:43
  Speaker 4: fun little fairy friend for you to hang out with. Like,
• 18:46
  Speaker 4: it seems like all ups to me totally. Any downsides, No,
• 18:49
  Speaker 4: not that we can think of, Not that we can
• 18:51
  Speaker 4: think of. I'll leave it on this one.
• 18:52
  Speaker 5: Someone else said, cold shower as low as both your
• 18:55
  Speaker 5: gas bills and your therapy bills.
• 18:58
  Speaker 2: That is so true. I did go through a period
• 19:00
  Speaker 2: of cold showers, did you. I did.
• 19:01
  Speaker 5: And it's like you do have to work your way
• 19:04
  Speaker 5: up like that, like hyperventilating that you get. Honestly, I
• 19:07
  Speaker 5: didn't even flinch after like a few weeks of cold showers.
• 19:11
  Speaker 5: It's crazy. It's crazy. And it is so good for
• 19:13
  Speaker 5: the brain. I mean, it's got for.
• 19:15
  Speaker 2: Your hair too. Apparently it's good for your hair, it's good.
• 19:17
  Speaker 5: For your immune system. I didn't get sick at all.
• 19:19
  Speaker 5: So you're saving money on like cold and flu tablets. Now,
• 19:22
  Speaker 5: if you have a clinical you know, diagnosis, this might
• 19:25
  Speaker 5: not help you. But if you're just like generally feeling flat,
• 19:28
  Speaker 5: it could help you your mental health.
• 19:29
  Speaker 2: It's just like ice bathing. It's ice barth sort of situation.
• 19:33
  Speaker 4: Like I so many people say it's so good, they
• 19:35
  Speaker 4: feel so great, traila a lot, and I just don't
• 19:36
  Speaker 4: think I could physically get myself to I think my
• 19:39
  Speaker 4: fight or flight would kick in and my body would
• 19:41
  Speaker 4: be like no, like holding onto the sides, like don't
• 19:44
  Speaker 4: put me in, don't put me in.
• 19:46
  Speaker 2: Yeah right, it would be the help up.
• 19:48
  Speaker 5: Yeah, yeah, yeah, I could be that person for you.
• 19:52
  Speaker 2: Thank you from Welcome.
• 19:54
  Speaker 4: On that note, let's head to a really quick break
• 19:56
  Speaker 4: and when we come back, we're going to chat about
• 19:57
  Speaker 4: something that we have both experience, which is a redundancy,
• 20:00
  Speaker 4: and we get to unpack something that you, guys slit
• 20:01
  Speaker 4: into ot dms about which this week is all about
• 20:04
  Speaker 4: pay rises and how to navigate them. Don't go anywhere, guys.
• 20:11
  Speaker 2: Welcome back, guys. Here's our money dilemma.
• 20:15
  Speaker 6: Hi, there, have you got a money dilemma you just
• 20:17
  Speaker 6: can't solve? The Sheese on the Money team is here
• 20:20
  Speaker 6: to help. Every week, we tackle your dilemmas, both big
• 20:23
  Speaker 6: and small, to answer your most burning money, career and
• 20:26
  Speaker 6: life questions. To get involved, simply head to our website
• 20:29
  Speaker 6: and leave us a short voice recording and you might
• 20:31
  Speaker 6: just find yourself on the show now let's take a
• 20:34
  Speaker 6: listen to this week's money dilemma.
• 20:38
  Speaker 7: Hi, I've just been made redundant and I'm pretty down
• 20:41
  Speaker 7: about it, to be honest. So I was wondering what
• 20:43
  Speaker 7: I should do when it comes to my resume. Should
• 20:46
  Speaker 7: I mention the redundancy or just pretend that I quit?
• 20:50
  Speaker 7: Is their stigma around redundancy because this is all very
• 20:53
  Speaker 7: new to me. Thank you.
• 20:55
  Speaker 4: Oh, I'm so sorry that you're going through this because
• 20:57
  Speaker 4: we've both experienced redundancy. Back obviously is navigating the waters
• 21:02
  Speaker 4: of that. And I think it's interesting because we I've
• 21:05
  Speaker 4: said this to you before, I feel like we both
• 21:07
  Speaker 4: handled it extremely differently.
• 21:09
  Speaker 2: Yes, so I'm.
• 21:10
  Speaker 4: Very excited because I feel like we've got two different
• 21:12
  Speaker 4: kinds of trains of thought on this.
• 21:13
  Speaker 2: Do you want first? Because you're lack in the thick
• 21:16
  Speaker 2: of it right now?
• 21:16
  Speaker 4: Sure?
• 21:17
  Speaker 5: Sure, sure, this is a really good question. On my
• 21:19
  Speaker 5: resume and my even my cover letters as well. I
• 21:23
  Speaker 5: mentioned that I had been made redundant because I kind
• 21:26
  Speaker 5: of wanted my future employers to know that I had
• 21:30
  Speaker 5: no intention of leaving the company, Like I am quite
• 21:33
  Speaker 5: loyal and I don't know if that's a thing anymore,
• 21:35
  Speaker 5: Like do people care about that, but I was like,
• 21:37
  Speaker 5: you know, I had no intention of leaving this place.
• 21:39
  Speaker 2: I really loved my job.
• 21:41
  Speaker 5: Also because I had only been in the role for
• 21:43
  Speaker 5: like a year, so I was like, I don't know
• 21:44
  Speaker 5: what this will look like. I want them to know
• 21:46
  Speaker 5: that I had no choice in this and I loved
• 21:50
  Speaker 5: this job and I love this kind of work. So
• 21:53
  Speaker 5: I made it a point to mention. But when you
• 21:57
  Speaker 5: look at me, it's been three months and I haven't
• 22:00
  Speaker 5: got a job so frillancing. I am frillancing at the
• 22:05
  Speaker 5: same place that I got made redundant. So it's it's,
• 22:07
  Speaker 5: you know, I've made those connections with me, those relationships,
• 22:09
  Speaker 5: and they say that they do know that I've been
• 22:11
  Speaker 5: made redundant, of course, but I feel like that's probably
• 22:15
  Speaker 5: more so because of the relationships I have unless so
• 22:18
  Speaker 5: the you know, they don't didn't have to like look
• 22:21
  Speaker 5: at my rasume or anything. So but if you look
• 22:23
  Speaker 5: at like the outside of that, it's like, oh, I've
• 22:25
  Speaker 5: not really had much success the field of looking of searching,
• 22:31
  Speaker 5: and so.
• 22:31
  Speaker 2: Maybe you shouldn't do that. I don't know.
• 22:35
  Speaker 4: I don't think that it's a bad thing. I think
• 22:37
  Speaker 4: that the circumstances of redundancy probably play a big role.
• 22:41
  Speaker 4: For example, you know, there's a difference between being laid
• 22:45
  Speaker 4: off as a part of you know, a thirty percent
• 22:47
  Speaker 4: cut across a business versus if perhaps your role was
• 22:51
  Speaker 4: proved to be ineffective. Not that it should matter, but
• 22:54
  Speaker 4: I think that people might sometimes perceive it a little
• 22:57
  Speaker 4: bit differently, like they you know, there's a risk in
• 22:59
  Speaker 4: the smaller scale that people might go, oh, like, was
• 23:02
  Speaker 4: it because that job wasn't needed? Was it because perhaps
• 23:05
  Speaker 4: they weren't you know, fulfilling the needs of the role
• 23:07
  Speaker 4: or whatever. So I mean, I guess as an argument
• 23:09
  Speaker 4: of that, I don't think it's a bad thing to
• 23:11
  Speaker 4: have it on your CV. I think, like, as you said,
• 23:13
  Speaker 4: it's a good way to explain the change, yea. And
• 23:16
  Speaker 4: I think that ultimately, like nobody should be held to
• 23:19
  Speaker 4: be at fault for being made redundant. And that's where
• 23:21
  Speaker 4: I say that we had very different experiences or like
• 23:25
  Speaker 4: can be redundan very differently, because I think you've been
• 23:27
  Speaker 4: so positive in your experience and you've just been really like,
• 23:31
  Speaker 4: you know, it is what it is, and you've taken
• 23:32
  Speaker 4: it on and you've copped it, and you're like it'll
• 23:34
  Speaker 4: be fine. I'll figure it out you like, which I
• 23:36
  Speaker 4: think is very reflective of your personality and just how
• 23:38
  Speaker 4: you take on life. But I remember it's been many,
• 23:42
  Speaker 4: many years, thankfully since I was made redundant and I
• 23:44
  Speaker 4: was a mess. I just I took it really hard.
• 23:47
  Speaker 4: And I want to say to our listener in case
• 23:50
  Speaker 4: they're feeling the same way, that your redundancy is not
• 23:52
  Speaker 4: a reflection of you as a person or you as
• 23:54
  Speaker 4: an employee, because I think when it happened to me,
• 23:57
  Speaker 4: I took it really personally and I felt like I
• 24:00
  Speaker 4: was a failure, and I felt like no one's gonna
• 24:02
  Speaker 4: want to imploy me because I got made redundant, and
• 24:05
  Speaker 4: it was really hard to separate myself and my skill
• 24:08
  Speaker 4: set and then talk myself up when I felt like
• 24:11
  Speaker 4: I had failed. So I just want to say that
• 24:15
  Speaker 4: as a little addendum in regards to the resume, I
• 24:18
  Speaker 4: think have it on there. I don't think it's the
• 24:20
  Speaker 4: worst thing in the world. I think it also allows
• 24:23
  Speaker 4: you to have that conversation when you're in the room,
• 24:24
  Speaker 4: if you're hopefully having an interview, you can chat through
• 24:27
  Speaker 4: the conversation or the experience a little bit more and explain,
• 24:31
  Speaker 4: not that you owe anybody in an explanation, but let
• 24:33
  Speaker 4: them know maybe what happens, Like, was it a big
• 24:36
  Speaker 4: workforce like change and unfortunately you just ended up on
• 24:38
  Speaker 4: the chopping block? Was it that you know, it was
• 24:41
  Speaker 4: a really small business and during COVID they had to
• 24:43
  Speaker 4: scale back and you were a fallout as a part
• 24:46
  Speaker 4: of that. There's so many different things that can happen
• 24:49
  Speaker 4: when it comes to the stigma side of things. I
• 24:52
  Speaker 4: want to say, no, I think the stigma mostly probably
• 24:55
  Speaker 4: comes from insight, like from us, like what I was
• 24:57
  Speaker 4: saying that I really did and I really took on.
• 25:00
  Speaker 4: I would hope that employers aren't holding something like a
• 25:02
  Speaker 4: redundancy against you. It's very different from being fired, and
• 25:06
  Speaker 4: maybe we should clarify in case there as anybody who
• 25:08
  Speaker 4: doesn't know the difference. When you're fired, it's because your
• 25:12
  Speaker 4: employer has decided that they feel that you're not fulfilling
• 25:15
  Speaker 4: the needs of your role in one way or another.
• 25:17
  Speaker 4: Generally speaking, maybe culturally you're not the right fit. Maybe
• 25:21
  Speaker 4: you know, the workload isn't quite aligned to what you
• 25:23
  Speaker 4: take on, or your skill set isn't quite right.
• 25:26
  Speaker 2: And obviously it's a much broader.
• 25:28
  Speaker 4: You know, you can be fired unfairly, and there are
• 25:31
  Speaker 4: all of these, like, there's lots of complex reasons I
• 25:33
  Speaker 4: suppose why you can be let go. But a redundancy
• 25:36
  Speaker 4: is very specific in that your role ceases to exist.
• 25:41
  Speaker 4: It's not a matter of oh, Beck, well we're going
• 25:43
  Speaker 4: to get rid of you. You're made redundant, but we're
• 25:45
  Speaker 4: going to put someone else in the exact same job.
• 25:47
  Speaker 4: Redundancy means that that role within that company no longer exists,
• 25:51
  Speaker 4: and as a result, the employee can no longer fulfill it.
• 25:54
  Speaker 4: And sometimes you're lucky and you can be put into
• 25:56
  Speaker 4: a different role in the same company, but sometimes, unfortunately,
• 25:59
  Speaker 4: that means that you are no longer employed.
• 26:02
  Speaker 2: Yes, you are so right about that.
• 26:04
  Speaker 5: Really powerful what you say about how the stigma comes
• 26:07
  Speaker 5: from within.
• 26:07
  Speaker 2: That's really beautiful, Steve, Isn't that I wanted to ask you?
• 26:10
  Speaker 4: Have you felt like when you've had to tell people
• 26:12
  Speaker 4: that you've been made redundant, maybe friends or family or
• 26:15
  Speaker 4: people around you, your network because you're looking for a job.
• 26:18
  Speaker 4: How have you felt doing that? Has it been relatively easy?
• 26:21
  Speaker 4: Have you felt any judgment or anything like that?
• 26:24
  Speaker 5: Honestly, worrying about judgment, never even for a micro.
• 26:30
  Speaker 2: Second cross my mind.
• 26:31
  Speaker 5: I think I was more just like, this is a
• 26:33
  Speaker 5: bit awkward, because it's like saying I've gone to a
• 26:36
  Speaker 5: car accident or something something that like people immediately kind
• 26:39
  Speaker 5: of like, oh, I'm so sorry, or like and I
• 26:42
  Speaker 5: think I'm so sorry.
• 26:43
  Speaker 2: That was my immediate response.
• 26:44
  Speaker 5: To you, which is honestly lovely, Like I personally like,
• 26:50
  Speaker 5: I know this is probably not a popular opinion, but
• 26:53
  Speaker 5: a pity and sympathy.
• 26:55
  Speaker 2: I love it.
• 26:56
  Speaker 5: Me please later on me, I love it, but I
• 26:59
  Speaker 5: guess at the start, I was like really sad. So
• 27:02
  Speaker 5: when you messaged me, I was like, this is so kind.
• 27:04
  Speaker 5: I'm really really grateful for your sympathy and your empathy.
• 27:07
  Speaker 5: And then toward now, because it's been so long, when
• 27:09
  Speaker 5: I tell people, I'd still like to tell people I'm
• 27:11
  Speaker 5: not working because I was made redundant, but the emotion's
• 27:14
  Speaker 5: kind of gone now and I'm still like in the office,
• 27:16
  Speaker 5: so I still see people. I'm not grieving the loss
• 27:19
  Speaker 5: of like the whole company in my day to day
• 27:22
  Speaker 5: and the culture anymore because I'm still here. So when
• 27:25
  Speaker 5: I tell people that, I'm more just like I just
• 27:28
  Speaker 5: feel a bit awkward.
• 27:29
  Speaker 2: I think I'm just like, oh, I just like but
• 27:31
  Speaker 2: I was made redundant. But hey, everything's okay. Now look
• 27:34
  Speaker 2: at me.
• 27:34
  Speaker 5: I'm having great time. So I think that's my only
• 27:38
  Speaker 5: concern in telling people. But at the start, I was
• 27:41
  Speaker 5: like kind of like, hey, I was made redundant. Can
• 27:45
  Speaker 5: everyone give me attention? Now, everyone give some sympathy, and
• 27:48
  Speaker 5: everyone showered me in gifts and love and it was
• 27:51
  Speaker 5: a really while it was like a really awful thing
• 27:53
  Speaker 5: to happen, the days that followed were like so much fun.
• 27:57
  Speaker 5: Like everyone was like messaging me, Like producer came over
• 28:00
  Speaker 5: and like sat on the stroop outside of my house
• 28:03
  Speaker 5: with me, and like we just like had a great time.
• 28:05
  Speaker 5: So yeah, I honestly haven't worried about judgment, and I
• 28:08
  Speaker 5: don't think anyone's judged me as well, like even Urry quite. No,
• 28:12
  Speaker 5: I don't think so. But I don't think people think
• 28:14
  Speaker 5: like that about redundancy. Even with like being fired, I
• 28:16
  Speaker 5: feel like it is different, but it's still, you know,
• 28:20
  Speaker 5: in this cost of living, this like kind of like
• 28:23
  Speaker 5: everyone's kind of being made redundant. No one really knows
• 28:25
  Speaker 5: what's going on, whether you're fired or made redundant. People
• 28:28
  Speaker 5: are kind of like it's gonna happen.
• 28:30
  Speaker 2: You know, what about you? How did you feel?
• 28:32
  Speaker 4: I remember I was really embarrassed, and I think that
• 28:34
  Speaker 4: comes back to internalizing the way that I was feeling.
• 28:39
  Speaker 4: And yeah, I don't think that anybody judged me. I
• 28:40
  Speaker 4: would certainly never judge anybody. You don't know anyone who would.
• 28:43
  Speaker 4: But I think again, like because I was feeling like
• 28:45
  Speaker 4: the problem was me and I was feeling like, oh.
• 28:48
  Speaker 2: My gosh, like I can't believe this.
• 28:50
  Speaker 4: I don't want to tell anybody like I really embarrassed
• 28:53
  Speaker 4: is the word that comes to mind. And like, obviously
• 28:55
  Speaker 4: I told the people around me, who were all same
• 28:57
  Speaker 4: as you, very supportive, very kind, but I think professional
• 29:00
  Speaker 4: sense I was like, well what do I do? And
• 29:03
  Speaker 4: so my one piece of advice, in addition to like
• 29:05
  Speaker 4: letting it go and being okay with it because it's
• 29:07
  Speaker 4: not something that you should feel bad about, is jump
• 29:10
  Speaker 4: on LinkedIn if you're not already on LinkedIn, because I
• 29:13
  Speaker 4: think like a little post to your network just saying hey, everybody,
• 29:18
  Speaker 4: I'm now looking for you.
• 29:19
  Speaker 2: You don't even have to go into it.
• 29:20
  Speaker 4: I'm mail looking for new opportunities in xyzed. If anyone
• 29:23
  Speaker 4: knows of anything.
• 29:24
  Speaker 2: Let me know.
• 29:25
  Speaker 4: I'm a big fan of LinkedIn for networking. I think
• 29:27
  Speaker 4: it's awesome for that kind of stuff. And you never
• 29:30
  Speaker 4: know who knows someone who knows someone that might be
• 29:32
  Speaker 4: looking to hire your role. So I would say, do
• 29:35
  Speaker 4: use your network as much as you can, put feelers
• 29:38
  Speaker 4: out to people you've worked with previously, all those kinds
• 29:40
  Speaker 4: of things. But yeah, ultimately, don't feel bad about it.
• 29:44
  Speaker 2: It's not your fault.
• 29:45
  Speaker 4: I love that and I completely agree. Not to change
• 29:47
  Speaker 4: the tone a little bit, but shall we talk still
• 29:50
  Speaker 4: career focused? Actually this is kind of in theme, oh group,
• 29:52
  Speaker 4: this week's money dilemma? Do you want to hear it?
• 29:54
  Speaker 4: Please listener set hi fam I've got a money dilemma
• 29:58
  Speaker 4: and any advice would be so appreciate it. I have
• 30:01
  Speaker 4: been working in the same company for almost two years now.
• 30:03
  Speaker 4: I've been on the same pay since internship through to
• 30:07
  Speaker 4: full time while taking on more responsibility. I thought about
• 30:11
  Speaker 4: changing jobs, but one of the teammates left the company
• 30:13
  Speaker 4: and I was off at their role at that time.
• 30:16
  Speaker 4: My manager said we could have the salary talk in
• 30:18
  Speaker 4: a few months. So I had been taking more work
• 30:21
  Speaker 4: for the same amount of pay. Fast forward three months
• 30:24
  Speaker 4: to today. I finally had the salary talk, but was
• 30:26
  Speaker 4: told the promotion didn't get approved and they will work
• 30:29
  Speaker 4: to get me there in another three months. I didn't
• 30:31
  Speaker 4: get the rais I was looking for, and they are
• 30:33
  Speaker 4: now hiring for someone new entry level, but at a
• 30:36
  Speaker 4: higher pay rate than me. My manager is aware of
• 30:39
  Speaker 4: this and said it's not fair. However, nothing practical has
• 30:42
  Speaker 4: been done. Should I still be waiting another three months
• 30:45
  Speaker 4: or is this assigned to leave?
• 30:46
  Speaker 2: Oh my goodness, nothing makes me more annoyed.
• 30:51
  Speaker 5: I think two because this is quite topical with a
• 30:54
  Speaker 5: lot of my friends, and actually we were just talking
• 30:57
  Speaker 5: about this off air. But I think some employers they
• 31:02
  Speaker 5: dangle a carrot, so you're like doing all the work
• 31:05
  Speaker 5: still and doing it to your best ability because you're like, oh,
• 31:10
  Speaker 5: I really want this pay rise. I'm gonna work so
• 31:12
  Speaker 5: hard to get there, and then they dangle this carrot,
• 31:14
  Speaker 5: they give you hope, and then you keep working really
• 31:16
  Speaker 5: really hard, so your output is like probably the amount
• 31:22
  Speaker 5: of like one and a half to two people, and
• 31:24
  Speaker 5: they're paying you very low. If I've understood this correctly,
• 31:28
  Speaker 5: the same rate as when they were an intern.
• 31:31
  Speaker 2: Correct. Yeah, that is outrageous.
• 31:34
  Speaker 5: That is not even like subtly gently paying you a
• 31:38
  Speaker 5: little bit less. That's like, this is so outrageous. Don't
• 31:42
  Speaker 5: stay there any longer because the longer you just try it,
• 31:45
  Speaker 5: just keep looking, maybe doing quit immediately because like turns
• 31:47
  Speaker 5: out it's not that easier to but just start looking
• 31:51
  Speaker 5: right now, because I can guarantee you'll find something that
• 31:54
  Speaker 5: pays better. And also the amount of time that you're
• 31:57
  Speaker 5: waiting for this pay rise that might not ever come.
• 32:01
  Speaker 5: Imagine like if you got something that paid like several
• 32:04
  Speaker 5: hundred dollars extra a month, what a difference it would make,
• 32:07
  Speaker 5: What a difference it would make, and how much more
• 32:09
  Speaker 5: money you would be on like what you're wasting money,
• 32:13
  Speaker 5: Not that you are, but you could be making so much.
• 32:15
  Speaker 2: I just think you need to look elsewhere maybe if
• 32:17
  Speaker 2: you can. I agree.
• 32:19
  Speaker 4: I think in two years you should have just had
• 32:20
  Speaker 4: a standardized pay rise, you know, in line with we've
• 32:23
  Speaker 4: spoken about, in line with inflation. It was very controversial,
• 32:25
  Speaker 4: but some sort of pay rise in a two year
• 32:27
  Speaker 4: period as a minimum, let alone with the jump from
• 32:29
  Speaker 4: internship to full time employee, which suggests a jump in
• 32:32
  Speaker 4: skill set and as our listener said, responsibility totally. I
• 32:36
  Speaker 4: think like everything that they have said, from you know
• 32:40
  Speaker 4: how long it has been, to the fact that they're
• 32:41
  Speaker 4: hiring someone at a higher pay rate than them, to
• 32:44
  Speaker 4: the fact that they were asked to take on you know,
• 32:46
  Speaker 4: their colleagues's role for the same amount of pay, it
• 32:49
  Speaker 4: all just says to me so clearly that you are
• 32:53
  Speaker 4: not valued or respected in your workplace. And I think ultimately,
• 32:58
  Speaker 4: even if they turn around in three months it's like okay, yeah,
• 33:00
  Speaker 4: like we'll give you a five percent pay rise and
• 33:02
  Speaker 4: you go, Okay, that's great, the lack of respect doesn't change. Yes,
• 33:06
  Speaker 4: Like you can pay somebody more and still be undervaluing
• 33:08
  Speaker 4: them or still be not recognizing the value that they
• 33:13
  Speaker 4: bring to their team or whatever it is that they're doing.
• 33:16
  Speaker 4: And I think that you probably get to a point where,
• 33:20
  Speaker 4: even if those good things do come, if you feel
• 33:23
  Speaker 4: like you haven't been looked after or haven't been valued,
• 33:25
  Speaker 4: that can be hard to get pasted too. And I
• 33:27
  Speaker 4: think that mentally it sounds like it might be weighing
• 33:30
  Speaker 4: on you a little bit, And I don't know that
• 33:32
  Speaker 4: that will go away even if you get what you want,
• 33:34
  Speaker 4: even if you do get that pay rise. So I
• 33:36
  Speaker 4: think I completely agree leaving to me is the only
• 33:40
  Speaker 4: sound option. As you said, make sure you have something
• 33:42
  Speaker 4: lined up before you go. But I think that waiting
• 33:45
  Speaker 4: three months in the hope that something will change, I
• 33:48
  Speaker 4: don't think that it will. No, let's run through what
• 33:50
  Speaker 4: everybody else had to say, though. We said, have you
• 33:52
  Speaker 4: experienced anything similar in your job?
• 33:55
  Speaker 2: This was so close.
• 33:56
  Speaker 4: Fifty one percent cent yes, I've been in a situation
• 33:59
  Speaker 4: exactly like this, and forty nine percent said no, I've
• 34:03
  Speaker 4: had no issues with this stuff.
• 34:04
  Speaker 2: Huh.
• 34:05
  Speaker 4: Next, we said, if this was you, would you stay
• 34:08
  Speaker 4: or would you leave? Two percent of people said I
• 34:11
  Speaker 4: would stick it out and stay. Ninety eight percent of
• 34:14
  Speaker 4: people said I'd.
• 34:15
  Speaker 2: Be out the door. Bab WHOA. That's it.
• 34:18
  Speaker 4: I think it's so clear to everybody that it seems
• 34:22
  Speaker 4: like there's only one option.
• 34:23
  Speaker 5: Yes, I'll read through some of the of course, two cents.
• 34:26
  Speaker 5: I was just gonna say, like, I don't. When you're
• 34:28
  Speaker 5: in it, you don't see it. So I think it's
• 34:30
  Speaker 5: really good too. I'm really glad this this person wrote in,
• 34:33
  Speaker 5: because now she can they can hopefully see.
• 34:35
  Speaker 4: Hopefully enough people telling you will make you feel good
• 34:38
  Speaker 4: about making the choice exactly. Firstly, somebody said don't let
• 34:41
  Speaker 4: them exploit you any further, Queen, which I completely agree with.
• 34:45
  Speaker 4: Somebody else said, review entitlements under the award. You can
• 34:48
  Speaker 4: do this on the Fairwork website because you might actually
• 34:51
  Speaker 4: have a case for being underpaid depending on what those
• 34:54
  Speaker 4: rates were at an internship level. Somebody else said in Australia,
• 34:59
  Speaker 4: the best way to get a pay rise is to
• 35:01
  Speaker 4: switch jobs. Times have changed from when loyalty paid off.
• 35:05
  Speaker 4: We've done a full even Victoria did a whole episode
• 35:07
  Speaker 4: on that on job popping, and it is true. Unfortunately,
• 35:10
  Speaker 4: the statistics don't lie. Somebody else said Red Flag read
• 35:14
  Speaker 4: the book work Won't Love You Back. I haven't read it,
• 35:17
  Speaker 4: but sounds like it could be really interesting. Someone did say,
• 35:21
  Speaker 4: I suppose a play Devil's Advocate. If you do stay,
• 35:24
  Speaker 4: ask for agreed upon KPIs for the next three months
• 35:27
  Speaker 4: and schedule in progress check ins fortnightly or regularly, which
• 35:31
  Speaker 4: I think is probably a good thing to say.
• 35:33
  Speaker 2: Yeah.
• 35:33
  Speaker 4: They also said any renegotiated pay should be paid from
• 35:37
  Speaker 4: the commencement of the role three months ago, so see
• 35:40
  Speaker 4: if you can backpay it, which I think are both
• 35:42
  Speaker 4: really practical ideas. If you do choose to stay, to
• 35:46
  Speaker 4: make sure that you're still being looked after. The person
• 35:49
  Speaker 4: who wrote all that in is actually a HR man.
• 35:52
  Speaker 2: Sorry.
• 35:52
  Speaker 4: She wrote lots of things in what's the Little Boxes
• 35:54
  Speaker 4: because you can only fit so many And she said
• 35:55
  Speaker 4: she's a HR manager and pay is primarily based on role,
• 35:58
  Speaker 4: so a change in responsibilit should equate to a change
• 36:01
  Speaker 4: in pay, yes, which obviously isn't what happened. Quite a
• 36:05
  Speaker 4: few people have said that she's being charged a loyalty tax.
• 36:10
  Speaker 4: Somebody said, no, you're worth and chase it completely agree.
• 36:14
  Speaker 4: Lots of people just saying this is a big red flag.
• 36:17
  Speaker 4: This is so disrespectful. You're not being valued, gir you
• 36:20
  Speaker 4: need to run like I can't even tell you. I'm
• 36:22
  Speaker 4: scrolling and scrolling and scrolling, and all of these messages
• 36:25
  Speaker 4: are echoing effectively the same sentiment, which is run baby. Literally,
• 36:30
  Speaker 4: couldn't have said it more concise, Get out of their girl.
• 36:33
  Speaker 4: Also name and Jane, I mean message es, Yeah you
• 36:36
  Speaker 4: got us know we're always curious, yes, curious, but yeah,
• 36:39
  Speaker 4: I feel like I really don't have anything to add
• 36:41
  Speaker 4: to that other than no, exactly what we said that
• 36:43
  Speaker 4: you feel like you're being undervalued and chances are ifyone
• 36:46
  Speaker 4: elsewhere you could earn more money doing the same, maybe
• 36:49
  Speaker 4: even doing less, and find a space that respects and
• 36:52
  Speaker 4: values you for everything that you're doing, because at a
• 36:55
  Speaker 4: bare minimum, that's what you deserve.
• 36:58
  Speaker 5: Yes, completely agree. Also get some revenge. Quit day of
• 37:01
  Speaker 5: never go back. I know it's not allowed, but just
• 37:03
  Speaker 5: do it.
• 37:04
  Speaker 2: You're like Policiy and just be out of there.
• 37:07
  Speaker 5: Yeah, exactly, exactly, No, I think it's a great place
• 37:09
  Speaker 5: to leave it. Get out of there, girl, and you
• 37:11
  Speaker 5: got this agreed.
• 37:13
  Speaker 4: Thank you guys so much for joining us this week.
• 37:14
  Speaker 4: Victoria will be back next week, which is very exciting.
• 37:17
  Speaker 4: But it's been fun hanging out with you, Bexter has
• 37:19
  Speaker 4: been so much fun, lovely. If you want to keep
• 37:21
  Speaker 4: up with us, if you want to join in on
• 37:23
  Speaker 4: our polls that we do every week for Money Dilemma,
• 37:25
  Speaker 4: you can find us on Instagram at She's on the
• 37:27
  Speaker 4: Money AUS. We've got a Facebook group as well. We'd
• 37:30
  Speaker 4: love to see you there. But otherwise, have a fab
• 37:32
  Speaker 4: weekend and Victoria will see you. Brought and early on Monday.
• 37:36
  Speaker 4: From Money Diary.
• 37:37
  Speaker 2: Bye guys. Bye.
• 37:45
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• 37:48
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• 37:52
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