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How to be a savvy student · She's On The Money

• 0:00
  Speaker 1: She's on the Money. She's on the Money.
• 0:22
  Speaker 2: Hello, and welcome to She's on the Money, the podcast
• 0:26
  Speaker 2: for millennials who want financial freedom. Being a student is
• 0:29
  Speaker 2: a tough slog, whether you're in high school, at tape
• 0:33
  Speaker 2: or at Uni. Juggling study, work and a social life
• 0:36
  Speaker 2: is not an easy thing. So how on earth do
• 0:39
  Speaker 2: we get ahead financially when we've got so much on
• 0:43
  Speaker 2: My name is Georgia King. I don't started there a
• 0:46
  Speaker 2: little bit, and joining me today to talk through some
• 0:49
  Speaker 2: money saving hacks for students is financial advisor and ex
• 0:53
  Speaker 2: student herself, Victoria Divine.
• 0:56
  Speaker 3: The how I explain myself often I am an ex student.
• 0:59
  Speaker 3: Yell oh, I'm an ex footballer, and I'll be like, well,
• 1:01
  Speaker 3: I'm an ex student. Love that.
• 1:04
  Speaker 4: It's the only only way to introduce yourself.
• 1:07
  Speaker 2: But let's start this chat off with a little combo
• 1:09
  Speaker 2: about how you were with money at university.
• 1:12
  Speaker 3: Let's just throw me straight under the bush. I thought
• 1:14
  Speaker 3: it would be a great.
• 1:15
  Speaker 4: Place to start.
• 1:16
  Speaker 3: I love that for us.
• 1:17
  Speaker 2: What were you like at uniter? Your finance was juggling
• 1:20
  Speaker 2: the whole thing.
• 1:20
  Speaker 3: Terrible, absolutely terrible. I think I was like, let's give
• 1:24
  Speaker 3: me some credit. I was really good at balancing working
• 1:28
  Speaker 3: and UNI at the same time, mainly because I didn't
• 1:32
  Speaker 3: have a very good social life, yeah, which is fine,
• 1:35
  Speaker 3: and for me, who's pretty introverted, I was pretty happy
• 1:38
  Speaker 3: to study. Like I adore study. I said on a
• 1:41
  Speaker 3: recent podcast that there's every probability that I'll probably study
• 1:45
  Speaker 3: again at some point in my life, hopefully soon. Like anyway,
• 1:48
  Speaker 3: we'll get to that. You've got so much free time.
• 1:51
  Speaker 3: I have no free time, And you guys would genuinely
• 1:53
  Speaker 3: try and kill me if I said I was going
• 1:55
  Speaker 3: back to UNI at this point. But it's a dream
• 1:57
  Speaker 3: of mine, and to be honest, it's one of those
• 1:58
  Speaker 3: things that I get a lot of joy out of
• 2:01
  Speaker 3: learning and having structured learning, Like I don't know, it's
• 2:04
  Speaker 3: so nerdy anyway. But I was terrible with money at UNI.
• 2:08
  Speaker 3: That is where I ended up in personal debt. That
• 2:10
  Speaker 3: is where I made a number of bad decisions. I
• 2:13
  Speaker 3: was probably working thirty eight forty hours a week easy
• 2:16
  Speaker 3: on top of full time study really and had nothing
• 2:20
  Speaker 3: to show for it. Nothing. So if we want to
• 2:22
  Speaker 3: talk about my workload, I was doing full time UNI,
• 2:25
  Speaker 3: which I think was close to four days like full
• 2:28
  Speaker 3: time in quotation marks I was then working three nights
• 2:31
  Speaker 3: in hospitality, so I'd do it a Thursday night shift,
• 2:34
  Speaker 3: a Friday night shift, and then a Saturday night shift,
• 2:38
  Speaker 3: and then sometimes depending on my workload, I would have
• 2:42
  Speaker 3: like a Sunday afternoon shift, but like that would depend
• 2:45
  Speaker 3: on one whether I could get it or not. On two,
• 2:47
  Speaker 3: if I was working in the shoe shop, and then
• 2:50
  Speaker 3: I was working in retail during the day on Friday,
• 2:54
  Speaker 3: Saturday and Sunday, So I would do a ten am
• 2:57
  Speaker 3: till six pm on a Friday. Then I would do
• 3:00
  Speaker 3: a ten am to six pm on a Saturday, and
• 3:02
  Speaker 3: then if I was lucky, I get the Sunday shift
• 3:05
  Speaker 3: of eleven till five on a Sunday, and then I
• 3:08
  Speaker 3: would go back to UNI Monday to Thursday again. So
• 3:11
  Speaker 3: I was working and studying a lot, but at the
• 3:13
  Speaker 3: time I just wasn't good at money management. I was
• 3:17
  Speaker 3: probably earning like I probably wasn't earning heaps and heaps.
• 3:20
  Speaker 3: I was probably earning like the equivalent between those two
• 3:23
  Speaker 3: jobs of maybe like forty or fifty thousand dollars a year,
• 3:26
  Speaker 3: depending on the year and what I was doing, but
• 3:28
  Speaker 3: I genuinely had nothing to show for it. So that
• 3:31
  Speaker 3: was happening all through my undergraduate and my honors year,
• 3:34
  Speaker 3: and that was honestly, it was hard to maintain, and
• 3:36
  Speaker 3: I didn't realize how much I was burning myself out.
• 3:39
  Speaker 3: I wasn't in any significant personal debt yet, but I
• 3:43
  Speaker 3: went into personal debt when I decided to study abroad
• 3:46
  Speaker 3: and I just didn't have enough savings to be able
• 3:48
  Speaker 3: to do that, so I had to take out a
• 3:49
  Speaker 3: personal loan, and then obviously it kind of spiraled from there.
• 3:53
  Speaker 3: But in saying that, I think even if you told
• 3:56
  Speaker 3: me to be better at money when I was at UNI,
• 3:58
  Speaker 3: I probably wouldn't have listened. So it's kind of like
• 4:01
  Speaker 3: catch twenty two do I wish I'd done it better,
• 4:03
  Speaker 3: like in a way kind of, But also I think
• 4:05
  Speaker 3: it really helped me understand my own money story now.
• 4:08
  Speaker 3: And obviously it's gotten me to hear to be able
• 4:10
  Speaker 3: to really understand people's personal debt journeys and what's happening
• 4:13
  Speaker 3: because I've been in that situation where money has made
• 4:16
  Speaker 3: me physically sick. I've been in that situation where I
• 4:19
  Speaker 3: haven't been able to sleep because I didn't know how
• 4:21
  Speaker 3: I was going to pay next month's debt repayment like,
• 4:24
  Speaker 3: I'm not someone who's up on a pedestal that goes
• 4:26
  Speaker 3: don't go into debt. I've never been in it, but
• 4:29
  Speaker 3: it just sounds terrible. Yeah, I've been there, I've been
• 4:31
  Speaker 3: in the trenches. I've gotten out of it, and now
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  Speaker 3: I want to gift to you guys the tools and
• 4:36
  Speaker 3: resources to not go through that, because it's really stressful
• 4:38
  Speaker 3: and it's really isolating, and to be honest, it just
• 4:41
  Speaker 3: feels terrible.
• 4:43
  Speaker 2: D It's such a hard time being at union, isn't
• 4:46
  Speaker 2: it compared to I don't know, the high school kind
• 4:50
  Speaker 2: of bubble and then you're out in the real world
• 4:52
  Speaker 2: and you have so much to think about, Like you've
• 4:54
  Speaker 2: got your studies, sure, but then you know if you're renting,
• 4:58
  Speaker 2: how you're going to pay for that and all your bills.
• 4:59
  Speaker 2: Like life just becomes a whole lot more real as
• 5:02
  Speaker 2: soon as you're out. And that's not just if you're studying.
• 5:05
  Speaker 2: That's I guess life after high school anywhere, I say
• 5:09
  Speaker 2: for that, Yeah, no.
• 5:10
  Speaker 3: One prepares you for the difference between high school and university.
• 5:14
  Speaker 3: And I thought university would be similar to high school.
• 5:17
  Speaker 3: You know, you were enrolling your classes and then you
• 5:19
  Speaker 3: turn up and the teacher tells you everything you need
• 5:21
  Speaker 3: to know, but it's actually university is very self guided
• 5:25
  Speaker 3: and very much like cool. So your lectures are here,
• 5:27
  Speaker 3: turn up like, oh, okay, do I have assignments? Yep,
• 5:30
  Speaker 3: like you were told about them in the course outline. Yeah, okay,
• 5:34
  Speaker 3: no problems.
• 5:34
  Speaker 2: And also like where we don't market on attendance, come
• 5:37
  Speaker 2: or don't come. That's such a weird thing to wrap
• 5:39
  Speaker 2: your head around.
• 5:40
  Speaker 3: But also if you don't come, you're not going to
• 5:42
  Speaker 3: do well, so good luck. Yeah. Yeah, it's so weird.
• 5:45
  Speaker 3: You don't even have to put your hand up to
• 5:47
  Speaker 3: go to the bathroom.
• 5:47
  Speaker 2: Weird, But I can imagine it would be exactly the
• 5:51
  Speaker 2: same with TAFE, like having that complete independence that you
• 5:54
  Speaker 2: didn't have before, like it's a huge step, or if
• 5:57
  Speaker 2: you're just going straight into work, like it's a whole
• 6:00
  Speaker 2: different ballgame.
• 6:01
  Speaker 4: But we are talking about starting today.
• 6:03
  Speaker 3: How about we give some tips though, instead of talking
• 6:05
  Speaker 3: about how Victoria when he was younger definitely wasn't good
• 6:09
  Speaker 3: at it.
• 6:09
  Speaker 2: Let's get into it. So our first tip is to
• 6:11
  Speaker 2: start budgeting now and not later.
• 6:14
  Speaker 3: Yes, through it. Okay, So first tip is that because
• 6:18
  Speaker 3: so many people just say but I'll do it when
• 6:20
  Speaker 3: I start earning real money. No, you're earning real money now.
• 6:24
  Speaker 3: You have a real job right now. You might have
• 6:27
  Speaker 3: a career later, but you definitely have a job right now,
• 6:31
  Speaker 3: and you're definitely earning money. And we actually need to
• 6:33
  Speaker 3: set ourselves up with the right principles and habits now
• 6:36
  Speaker 3: so that when our income increases, we don't have to
• 6:39
  Speaker 3: change the way we live our lives. We just go okay, cool,
• 6:42
  Speaker 3: Now I'm earning a lot more money, Yeah, things are
• 6:43
  Speaker 3: a lot more comfortable. But I already have great budgeting habits.
• 6:47
  Speaker 3: I already have this spreadsheet. I'll just plug it all
• 6:49
  Speaker 3: in there. I'll just do this or I'll just do that. Like,
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  Speaker 3: we are going to set good money habits right now,
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  Speaker 3: even if you're not able to save as much as
• 6:57
  Speaker 3: you'd like to, Because in my mind, even if you
• 7:00
  Speaker 3: can only save ten dollars a week, cool, save ten
• 7:03
  Speaker 3: dollars a week. You're not just saving ten dollars, right
• 7:07
  Speaker 3: It's not actually about the balance of your savings account.
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  Speaker 3: It's actually about the habit you've formed for yourself. It's
• 7:13
  Speaker 3: about prioritizing yourself and future you, and prioritizing future you
• 7:18
  Speaker 3: doesn't mean that future you gets this epic savings account later.
• 7:21
  Speaker 3: It's actually that future you knows later. I already have
• 7:24
  Speaker 3: a savings account. I have been consistently contributing to it.
• 7:27
  Speaker 3: I'm so grateful that now I have a full time career,
• 7:30
  Speaker 3: I'm contributing to it weekly. Now I'm doing one hundred dollars.
• 7:34
  Speaker 3: It's really powerful to start small. And you know I've
• 7:37
  Speaker 3: said in a million times on the podcast, but from
• 7:40
  Speaker 3: little things, big things really do grow. And the little
• 7:42
  Speaker 3: steps are what's going to make the big steps so easy.
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  Speaker 2: The other thing on that vie is if you delay
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  Speaker 2: budgeting and sorting out your money now, Like, who's to
• 7:53
  Speaker 2: say when you get that grad job, once you finish
• 7:55
  Speaker 2: your course and you're on you know, fifty k, maybe
• 7:58
  Speaker 2: you'll just be like, oh, well it's not enough. I'll
• 8:00
  Speaker 2: just do it when I'm on eighty k, when I
• 8:02
  Speaker 2: get that big promotion of thirty grand, which would be amazing.
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  Speaker 3: And it's not very nice, like full stop. You are
• 8:08
  Speaker 3: not being kind to yourself by doing it. Later, look
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  Speaker 3: after yourself, look to you, be kind to yourself. One
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  Speaker 3: of the best acts of self care is looking after
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  Speaker 3: your finances and your budget because it is going to
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  Speaker 3: help you mentally, it's going to help you physically, it's
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  Speaker 3: going to help you in so many different ways. And
• 8:25
  Speaker 3: even if you're you know, a lot of people message
• 8:27
  Speaker 3: me and they save victory. I'm so embarrassed I can't save.
• 8:30
  Speaker 3: It's like, why can't you save? Talk to me about that?
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  Speaker 3: Is it because you genuinely, like, are not good at
• 8:35
  Speaker 3: budgeting and you should technically because of the income you
• 8:38
  Speaker 3: have be saving, you know, one hundred dollars a week. No, no,
• 8:41
  Speaker 3: I just don't have a good income. I'm studying. What
• 8:44
  Speaker 3: that doesn't make you bad at saving. That means that
• 8:47
  Speaker 3: you're prioritizing to you by studying right now. That means
• 8:51
  Speaker 3: that you're putting fud to you first. Like, you're not
• 8:54
  Speaker 3: bad at saving, my friend, you just don't have an income.
• 8:57
  Speaker 3: You could be great at saving. Like I meet people
• 9:00
  Speaker 3: people who have incomes of four hundred thousand dollars a year.
• 9:03
  Speaker 3: Often they're bad at saving because I genuinely know that
• 9:06
  Speaker 3: they blow it all. But then if I met a
• 9:08
  Speaker 3: UNI student that was like KYV, Like, I can't really
• 9:11
  Speaker 3: save at the moment, but I still just put five
• 9:13
  Speaker 3: bucks in my savings every week. You're better than those
• 9:15
  Speaker 3: people at saving Like, stop comparing yourself to what you
• 9:19
  Speaker 3: think you should be doing, and more around the habits
• 9:22
  Speaker 3: that you've formed and the way that you treat yourself
• 9:25
  Speaker 3: that is so much more important than the balance of
• 9:27
  Speaker 3: your accounts at this point in your life.
• 9:29
  Speaker 2: One hundred percent, and be very careful about the stories
• 9:31
  Speaker 2: that you tell yourself. Right exactly, Okay. Our next tip
• 9:35
  Speaker 2: here is to make the most of student discounts at all.
• 9:38
  Speaker 4: Sessions, which there are many.
• 9:41
  Speaker 3: I miss my student card. I miss being able to
• 9:43
  Speaker 3: whip it out at the movies. I miss being able
• 9:46
  Speaker 3: to get discount my keys, Like what is this? Maybe
• 9:49
  Speaker 3: that's why I'm going back to study. Then I'll have
• 9:51
  Speaker 3: a student card technique. I don't think that when you
• 9:53
  Speaker 3: do postgraduate you're allowed to student.
• 9:55
  Speaker 2: Card as someone currently doing her masters. I don't think
• 9:58
  Speaker 2: you do.
• 9:59
  Speaker 4: But also I haven't really checked. Well, what's the point.
• 10:03
  Speaker 3: What's the point, Georgia King? Are you saying you're a
• 10:05
  Speaker 3: student right now and you're not making the most of
• 10:08
  Speaker 3: your student discount session card?
• 10:10
  Speaker 4: I'm learning today.
• 10:11
  Speaker 2: That's why I'm listening to the pod, going to pick
• 10:14
  Speaker 2: up some tips right the way.
• 10:15
  Speaker 3: You really should be better than this by now, Georgia,
• 10:18
  Speaker 3: K I love you dearly. But your student card is
• 10:21
  Speaker 3: like it's like a power flex. How often do you
• 10:23
  Speaker 3: have like a twenty percent off coupon just in your
• 10:26
  Speaker 3: wallet for everything all the time?
• 10:27
  Speaker 2: It is handy, exactly all right, I'll check after this
• 10:30
  Speaker 2: if I do.
• 10:31
  Speaker 3: OK.
• 10:31
  Speaker 2: But it extends to like so many things you've got
• 10:34
  Speaker 2: your Mikey fashion retailers. Is that UNI Day's website, all
• 10:39
  Speaker 2: of them? Right?
• 10:40
  Speaker 3: Unie Days is great? You sign up for it again?
• 10:43
  Speaker 3: Not sponsored? Isn't it weird that we've gotten to this
• 10:45
  Speaker 3: point where we have to tell people it's sponsored, Like,
• 10:47
  Speaker 3: I'm so proud of us, George. But UNI Days is
• 10:50
  Speaker 3: a website that is dedicated to student discounts, and if
• 10:53
  Speaker 3: you haven't already, you need to check it out, sign up,
• 10:55
  Speaker 3: and then you can apply it to things like I
• 10:57
  Speaker 3: know you get a discount on like a sauce, and
• 10:59
  Speaker 3: I'm pretty sure you get one on the iconic. It's
• 11:01
  Speaker 3: just it's money win for all my friends.
• 11:03
  Speaker 2: Stunning and always like ask if you're if you are
• 11:06
  Speaker 2: buying something that is significant like a laptop or a
• 11:09
  Speaker 2: phone or you know, I can't think of anything else,
• 11:12
  Speaker 2: but but seriously.
• 11:14
  Speaker 3: They usually have student discounts and small flex I maybe
• 11:18
  Speaker 3: I'm outing myself here. Your phone provider will often have
• 11:22
  Speaker 3: a student discount as well. So if you're a student
• 11:24
  Speaker 3: and you don't have a student discount on your phone
• 11:27
  Speaker 3: plan right now, call them up and ask for it.
• 11:29
  Speaker 3: Because I had someone at it to mine when I
• 11:32
  Speaker 3: was in UNI and it's still on my account.
• 11:36
  Speaker 4: Stop I get off.
• 11:37
  Speaker 2: Every month, get out of town money win. Luckily no
• 11:41
  Speaker 2: one listens to this podcast, so you'll never get found out.
• 11:43
  Speaker 3: Please don't call me phone.
• 11:47
  Speaker 4: Okay, So that is a hot tip there.
• 11:49
  Speaker 2: Our next one is to consider a side hustle to
• 11:52
  Speaker 2: make so much extra coin on the pit.
• 11:54
  Speaker 3: We know that's a hard one though, right, Like we
• 11:56
  Speaker 3: know you're already pressed for time.
• 11:57
  Speaker 4: Yeah, so don't put pressure on so exactly.
• 12:00
  Speaker 3: I think people put too much pressure on themselves to perform.
• 12:02
  Speaker 3: But a sidehuzzle, great ideag What ideas have you got
• 12:05
  Speaker 3: for the crew?
• 12:06
  Speaker 2: Okay, so perhaps this is this sounds funny, but like
• 12:11
  Speaker 2: if you're good at illustrating, you could you could maybe
• 12:15
  Speaker 2: monetize that you absolutely you could though, yeah you could.
• 12:19
  Speaker 2: You could sell them at a market. You could set
• 12:21
  Speaker 2: up set up like an Etsy page or like an
• 12:23
  Speaker 2: Instagram page. Flog your wears on there. But also simple
• 12:27
  Speaker 2: things like babysitting, nannying.
• 12:30
  Speaker 4: Dog dog talking.
• 12:31
  Speaker 3: Dog walking is a massive one. In fact, I recently
• 12:34
  Speaker 3: and it's still a thing all right. So I don't
• 12:36
  Speaker 3: know if people remember this, but do you remember when
• 12:38
  Speaker 3: you were at the supermarket with your mum when you
• 12:40
  Speaker 3: were like ten, and you'd be waiting at the checkouts
• 12:42
  Speaker 3: for her board or you would be in a mad
• 12:45
  Speaker 3: panic because she'd gone to get some extra biscuits and
• 12:47
  Speaker 3: you were worry about the checkout person would ask you
• 12:49
  Speaker 3: to pay, even though you were ten years old. That
• 12:52
  Speaker 3: is the most anxiety inducing situation you could put a
• 12:54
  Speaker 3: kid in anyway. I remember sitting at the end of
• 12:57
  Speaker 3: the checkout staring at that big pin board that had
• 13:00
  Speaker 3: people who were doing babysitting or dog walking. That's still
• 13:04
  Speaker 3: a thing in most supermarkets. Put up a little sign
• 13:07
  Speaker 3: so you'll do some dog walking. I think that's genius. Like,
• 13:10
  Speaker 3: if you have a few extra hours and you want
• 13:13
  Speaker 3: to start walking someone's dog, make up a little piece
• 13:16
  Speaker 3: of paper, chuck it on there. They'll rip off your
• 13:18
  Speaker 3: number and.
• 13:18
  Speaker 4: Go, hey, Georgia.
• 13:20
  Speaker 3: Yeah, I'd love you to walk my dog Lucy once
• 13:22
  Speaker 3: a week for twenty bucks. Good for your mental health,
• 13:25
  Speaker 3: good for your cash flow, good for the world, good
• 13:28
  Speaker 3: for that dog. Yeah.
• 13:30
  Speaker 2: Money win two birds one stone or like multiple birds
• 13:33
  Speaker 2: one stone. Yeah.
• 13:34
  Speaker 3: And I think that I think that there's a lot
• 13:36
  Speaker 3: of pressure at the moment when people are like, oh
• 13:37
  Speaker 3: my gosh, do you have a side hustle. I think
• 13:39
  Speaker 3: there's a lot of pressure being put on people to
• 13:41
  Speaker 3: be talented and like, oh my gosh, Georgia, wow, you
• 13:45
  Speaker 3: do this talent or you're an illustrator like I could
• 13:48
  Speaker 3: never like, if you would like a stick figure, please
• 13:50
  Speaker 3: sear me. I will draw you custom stick figures. I'll
• 13:53
  Speaker 3: charge you through the nose for it, but i'll draw
• 13:56
  Speaker 3: custom stick figs. Might not notice them as stick figures.
• 13:59
  Speaker 3: But it's not the point. But you don't need to
• 14:01
  Speaker 3: be talented or have a hidden talent or some kind
• 14:05
  Speaker 3: of artistic ability to have a good side hustle like
• 14:08
  Speaker 3: you could do dog walking or even house sitting is
• 14:11
  Speaker 3: a really good one that you can have some cash
• 14:12
  Speaker 3: coming in or you're still going to work and you're
• 14:15
  Speaker 3: still you know, going to you Yeah, most UNI students
• 14:18
  Speaker 3: don't have pets. All those types of commitments. Go house,
• 14:21
  Speaker 3: sit someone's house and feed their cat while they're on holiday,
• 14:24
  Speaker 3: huge genius study while you're at it.
• 14:26
  Speaker 2: Exactly, And there's like those little surveys that you do
• 14:29
  Speaker 2: air tasker like there are there are options out there
• 14:31
  Speaker 2: if you do want to make an extra.
• 14:33
  Speaker 3: Buckspression as well. Yeah, again, don't feel pressure, but there
• 14:37
  Speaker 3: are a lot of things you can do that don't
• 14:38
  Speaker 3: need talent. They just need tenacity and someone to turn
• 14:41
  Speaker 3: up and do it.
• 14:42
  Speaker 2: Okay, our next point here is to up your education now,
• 14:46
  Speaker 2: which I feel like everyone listening to this podcast is
• 14:48
  Speaker 2: doing anyway. But like re read the money books. We
• 14:53
  Speaker 2: know one that has recently come out by one of us.
• 14:55
  Speaker 2: I can't give the name of it though we'll get
• 14:58
  Speaker 2: to that later. That listen to pod casts again, we
• 15:00
  Speaker 2: know a good one. But we also love my millennial
• 15:03
  Speaker 2: money and our.
• 15:05
  Speaker 3: Powers over it, equitymates, there are a lot of money
• 15:07
  Speaker 3: podcasts to go listen to.
• 15:09
  Speaker 4: Yep.
• 15:09
  Speaker 2: If you can't stand us, do go elsewhere. But establishing
• 15:14
  Speaker 2: an understanding of the power of investing, compound interest, effective
• 15:18
  Speaker 2: budgeting strategies like mastering all of that now is a
• 15:22
  Speaker 2: really good not even mastering it just having an understanding
• 15:24
  Speaker 2: that will help you down the line.
• 15:26
  Speaker 3: You're going to put yourself in a position of power
• 15:28
  Speaker 3: because most people, when they do get their grad jobs
• 15:30
  Speaker 3: and do actually end up in employment, don't know that.
• 15:33
  Speaker 3: Like I know people who are in their sixties who
• 15:35
  Speaker 3: don't know that. Like, get your education now, understand it
• 15:38
  Speaker 3: now and it's not so overwhelming, Like understand the foundations.
• 15:41
  Speaker 3: But then also go back and listen to all of
• 15:44
  Speaker 3: our podcasts on knowing your worth as well, because while
• 15:47
  Speaker 3: you're in UNI, people seem to like taking advantage of
• 15:50
  Speaker 3: unique students and not paying them what they're meant to
• 15:52
  Speaker 3: be paid, or you know, you might be freelancing and
• 15:55
  Speaker 3: you just go wow, like I know I'm at UNI,
• 15:57
  Speaker 3: but like twenty bucks an hour is just not enough
• 15:58
  Speaker 3: for what I'm doing. Like, know what you are worth
• 16:01
  Speaker 3: and demand that because studying doesn't make you less of
• 16:05
  Speaker 3: a human. Studying doesn't mean that you're cheap or oh,
• 16:07
  Speaker 3: we'll just get a unique student to do it. Like,
• 16:10
  Speaker 3: studying just means that you're increasing your education and it's
• 16:13
  Speaker 3: probably an indicator of your intelligence. So go and demand
• 16:17
  Speaker 3: exactly what you are worth for any type of employment.
• 16:21
  Speaker 3: And I think another suggestion, which is often not as
• 16:23
  Speaker 3: obtainable and I know a little bit harder but definitely
• 16:27
  Speaker 3: worth it, is look for a job that kind of
• 16:29
  Speaker 3: aligns to what your career in the future will be.
• 16:32
  Speaker 3: So it's so easy to just go, Okay, cool and
• 16:34
  Speaker 3: I did this. I'll work in hospitality in retail while
• 16:38
  Speaker 3: you know, at union. I'll work it all out later. Like,
• 16:40
  Speaker 3: is there like a part time job where you could
• 16:42
  Speaker 3: be a receptionist at a company that you want to
• 16:44
  Speaker 3: work out so you can start getting some of that
• 16:46
  Speaker 3: face to face in my directionion, Yeah, exactly. So go
• 16:50
  Speaker 3: and if you want to be a media if there
• 16:51
  Speaker 3: a small media company that you could do you know,
• 16:53
  Speaker 3: some admin for or you know, some running around. I
• 16:56
  Speaker 3: think it's really important to see what is in your
• 16:59
  Speaker 3: industry because it'll also give you some experience about, oh
• 17:02
  Speaker 3: my gosh, I do want to do this, or oh
• 17:04
  Speaker 3: my gosh, this is not what I thought it would be,
• 17:07
  Speaker 3: and you kind of get your foot in the door
• 17:08
  Speaker 3: before you're actually in the door.
• 17:10
  Speaker 2: Yeah. Well, and you're making connections with people, especially if
• 17:12
  Speaker 2: you do work in that reception role, like you are
• 17:15
  Speaker 2: the face of that company. You're talking to people every
• 17:18
  Speaker 2: day genius and yeah, it's a really it's a smart move.
• 17:21
  Speaker 3: Your network, you call to your net worths. That's not
• 17:25
  Speaker 3: actually true, it's just some LinkedIn quote I saw the
• 17:27
  Speaker 3: other day.
• 17:28
  Speaker 4: Love LinkedIn?
• 17:29
  Speaker 3: Do you love LinkedIn? No? I don't love Lincoln.
• 17:31
  Speaker 4: It's a weird little part of this.
• 17:33
  Speaker 3: I feel very weird about LinkedIn, so I've got a
• 17:36
  Speaker 3: love hate relationship with it. I don't love the people
• 17:39
  Speaker 3: that contact me on LinkedIn because they usually middle aged
• 17:43
  Speaker 3: white men sliding into my dms to let me know
• 17:45
  Speaker 3: that I'm not doing my job properly. But on the
• 17:47
  Speaker 3: flip side, I love LinkedIn for its networking abilities, and
• 17:50
  Speaker 3: I've met a lot of people through LinkedIn who are
• 17:52
  Speaker 3: now I would say friends and part of my professional squad.
• 17:56
  Speaker 3: So if you're not on LinkedIn and you're at UNI,
• 17:59
  Speaker 3: get on linked In and slide into people's dms and
• 18:02
  Speaker 3: start learning about them and what their career projections looked
• 18:05
  Speaker 3: like and how they did that. And if there's a
• 18:07
  Speaker 3: company that you're desperate to work for, go connect with
• 18:10
  Speaker 3: that company, follow them, follow the people there, and even
• 18:13
  Speaker 3: put your hand up and be like, hey, I know
• 18:15
  Speaker 3: you haven't met me, and my name's Georgia. But I'm
• 18:17
  Speaker 3: currently studying media and journalism. I'm obsessed with your company.
• 18:21
  Speaker 3: I've been following it for years. If anything comes up
• 18:23
  Speaker 3: in that space, love to hear about it. Wow, that's initiative.
• 18:27
  Speaker 3: I would hands down hire someone like that before I
• 18:30
  Speaker 3: went to market.
• 18:31
  Speaker 2: Our last point here is to avoid credit where you can. Yes, boss,
• 18:36
  Speaker 2: I know you'll have a thing or why I changed
• 18:39
  Speaker 2: you first enough? Why should people avoid credit UNI? Well,
• 18:44
  Speaker 2: I think it's a slippery slope. And when you're at
• 18:47
  Speaker 2: UNI and you are a little strapped for cash, I
• 18:50
  Speaker 2: can see that. You know, Brown's like after pay they
• 18:53
  Speaker 2: do target.
• 18:54
  Speaker 3: These younger They make it so easy in saying that
• 18:57
  Speaker 3: after Bay says they don't target the younger general.
• 19:01
  Speaker 2: Eat my shorts after pay that's fake news.
• 19:04
  Speaker 3: Yeah, literally right, They're like, no, no, no, we're only
• 19:07
  Speaker 3: advertising to demographics that actually it fits with. And you
• 19:10
  Speaker 3: know they're responsible. We definitely don't want people getting into debt.
• 19:13
  Speaker 3: I'll come on, if you've got a full time job,
• 19:16
  Speaker 3: you're going to be less interested in after pay totally. Anyway,
• 19:19
  Speaker 3: I'll get on a rant about that another time. About
• 19:21
  Speaker 3: marketing and branding and targeting, Yeah, that's.
• 19:24
  Speaker 2: Definitely a big episode, but I would just be careful.
• 19:27
  Speaker 2: And we spoke about the damage that having a bad
• 19:30
  Speaker 2: credit score can do in last week's episodes, So just
• 19:32
  Speaker 2: be careful and don't just sign up to, you know,
• 19:35
  Speaker 2: a ten thousand dollars credit card, willy nilly. Don't grab
• 19:38
  Speaker 2: a person alone if you can avoid it, exactly, because
• 19:41
  Speaker 2: it can go south quite quickly.
• 19:43
  Speaker 3: And I think it's so easy while you're UNI to
• 19:45
  Speaker 3: try and keep up with your friends and you know,
• 19:47
  Speaker 3: go out consistently and you know, have a good time
• 19:50
  Speaker 3: because you're UNI. Right, You're only at UNI ones and
• 19:53
  Speaker 3: it's just so easy to get in debt while you're
• 19:55
  Speaker 3: there or make bad financial decisions. But you never have
• 19:58
  Speaker 3: full visibility of what other people are doing, like you
• 20:01
  Speaker 3: might be like I was at UNI, like working your
• 20:04
  Speaker 3: butt off, renting in an area that was relatively expensive.
• 20:07
  Speaker 3: I had some housemates or it made it a bit
• 20:09
  Speaker 3: more palatable, but you know, I was living that big
• 20:12
  Speaker 3: city life. But I went to UNI with people who
• 20:15
  Speaker 3: were still living at home and worked about the same
• 20:17
  Speaker 3: as I did. But I was going out with those people,
• 20:19
  Speaker 3: and you know, they were the ones that got beautiful
• 20:22
  Speaker 3: new back at UNI. Sassin by dresses were the thing, really, yeah,
• 20:27
  Speaker 3: the thing. Anyway, my twenty first dress was assassin by Dress,
• 20:30
  Speaker 3: and I saved up for so long for that dress,
• 20:32
  Speaker 3: and now it just makes me cringe thinking how much
• 20:35
  Speaker 3: I spent on that knowing what my income was. Like
• 20:38
  Speaker 3: Victoria Divine, that is not a good money decision.
• 20:41
  Speaker 2: But it's so easy to get swept up when everyone
• 20:43
  Speaker 2: else is doing it and you want to fit in.
• 20:45
  Speaker 3: Exactly, and it just didn't make sense for my financial situation.
• 20:49
  Speaker 3: So I think the real point to hear is stop
• 20:51
  Speaker 3: comparing yourself to other people. Stop looking at university as like, oh,
• 20:55
  Speaker 3: I'll fix it later, and start looking at as you
• 20:58
  Speaker 3: really building habits for the future, Like right now you're
• 21:01
  Speaker 3: learning so that you can get into your career. Learn
• 21:04
  Speaker 3: finance as well so that once you're in your career
• 21:07
  Speaker 3: you can make the most of it. Anyway, time for
• 21:09
  Speaker 3: a break, Time for a break.
• 21:20
  Speaker 5: Okabe, back to it.
• 21:22
  Speaker 4: Should students be investing?
• 21:25
  Speaker 2: No?
• 21:26
  Speaker 3: Yes, no, maybe maybe, depending on what they want. End
• 21:29
  Speaker 3: of the podcast Fabulous. That is a really hard question
• 21:33
  Speaker 3: to answer, gee, And the reason is because I don't
• 21:35
  Speaker 3: know your personal situation. Are you living at home and
• 21:38
  Speaker 3: you're working forty hours? A week and you need to
• 21:41
  Speaker 3: make hay while the sun is shiny because you're not
• 21:43
  Speaker 3: paying rent. Great, investing might be a really good option
• 21:47
  Speaker 3: for you. Are you living out of home, paying a
• 21:49
  Speaker 3: whole heap of rent, going to university every day, not
• 21:52
  Speaker 3: being able to afford anything, and putting too much pressure
• 21:55
  Speaker 3: on yourself to be investing because you listen to the
• 21:57
  Speaker 3: Shees on the Money podcast and you're worried about missing out. No,
• 22:01
  Speaker 3: you shouldn't be investing, yeap, Like, let's take the pressure off.
• 22:04
  Speaker 3: I'm giving you the tools and resources, but it doesn't
• 22:07
  Speaker 3: mean that you're ready to use them. It doesn't mean
• 22:10
  Speaker 3: that you have to start now, Like, stop putting the
• 22:12
  Speaker 3: pressure on yourself and start working out what works for
• 22:16
  Speaker 3: you and at what time that will be feasible. Like
• 22:18
  Speaker 3: I think too many people are like, oh my god,
• 22:20
  Speaker 3: I need to be investing and I'm not. My friend,
• 22:22
  Speaker 3: you can't even save ten dollars a week, Like it
• 22:24
  Speaker 3: is okay to not invest yet. Put your mental health
• 22:28
  Speaker 3: first and take the pressure off. Say okay, no problems,
• 22:31
  Speaker 3: like I can't invest yet, but it's goal of mine.
• 22:34
  Speaker 4: Yep, great, I understand it.
• 22:36
  Speaker 3: Yeah, I understand day one day I'm definitely gonna do it.
• 22:39
  Speaker 3: But when I do it, I'm going to be in
• 22:40
  Speaker 3: the right headspace. I'm going to be in the right
• 22:43
  Speaker 3: financial space. I'm gonna be ready. I'm so ready. I
• 22:46
  Speaker 3: have all my research.
• 22:47
  Speaker 4: Good.
• 22:47
  Speaker 3: You don't need to be doing anything right now. But
• 22:50
  Speaker 3: if you're at UNI and you want to be investing
• 22:52
  Speaker 3: some spare change, jump on a micro investing platform. Check
• 22:56
  Speaker 3: those out, have a look at what works for you. You
• 22:59
  Speaker 3: can invest. You know our friends at chaeres E's. I
• 23:01
  Speaker 3: just think that there are so many tools and resources
• 23:03
  Speaker 3: now it's twenty twenty one. Like, if you want to
• 23:06
  Speaker 3: invest but you're at UNI, start small, start strong. It
• 23:09
  Speaker 3: goes back to what we're saying before the break. Just
• 23:12
  Speaker 3: set the habit up so in the future it can
• 23:15
  Speaker 3: grow instead of in the future you having to re
• 23:18
  Speaker 3: establish new habits.
• 23:19
  Speaker 4: Brilliant.
• 23:20
  Speaker 2: Okay, that takes the pressure off for sure. Okay, So
• 23:25
  Speaker 2: for a lot of people, studying means moving out of
• 23:27
  Speaker 2: home for the very first time, let's talk through some
• 23:30
  Speaker 2: tips and tricks to saving at that time of your life,
• 23:34
  Speaker 2: because it can be very expensive. As we spoke about earlier,
• 23:36
  Speaker 2: it's a lot of change in years, it's a lot
• 23:38
  Speaker 2: of responsibility.
• 23:39
  Speaker 3: Do you know how expensive like dishrusher tablets were when
• 23:42
  Speaker 3: you moved out?
• 23:42
  Speaker 4: No, they are still shocks me.
• 23:45
  Speaker 3: I can't even And the arguments used to have, I
• 23:48
  Speaker 3: don't know, maybe you still have them with the harps
• 23:51
  Speaker 3: about who has to buy toilet paper and paper towel next. Yeah,
• 23:54
  Speaker 3: that happened in my house.
• 23:57
  Speaker 4: Well it adds up.
• 23:58
  Speaker 2: And if you're living in a sharehouse, maybe you'll let
• 24:00
  Speaker 2: me share with your partner.
• 24:01
  Speaker 3: I used to have this housemate, right, not gonna name names, thankfully,
• 24:04
  Speaker 3: I've had a number of housemates, so you never know
• 24:06
  Speaker 3: which one it was.
• 24:08
  Speaker 4: But it's Chloe.
• 24:09
  Speaker 3: I never lived with the Chloe to call it Chloe.
• 24:12
  Speaker 3: So Chloe would refuse to buy anything like no shared commodities,
• 24:17
  Speaker 3: but would use everybody else's stuff, and like I would
• 24:20
  Speaker 3: buy this bougie like garlic confused olive oil, and then
• 24:24
  Speaker 3: she'd use it all and not replace it. And then
• 24:26
  Speaker 3: I'd be like, hey, Chloe, like can you stop that.
• 24:28
  Speaker 3: She'd be like, no, like oils for the house, and
• 24:31
  Speaker 3: I'd be like, oh, yeah, like you don't ever give
• 24:34
  Speaker 3: anything to the house anyway? Really fun time, been there
• 24:37
  Speaker 3: done that? Yeah? Would I have a housemaid again. Yeah. Probably.
• 24:40
  Speaker 2: Well, I mean, having housemates is one of our tips
• 24:42
  Speaker 2: because it does help keep the costs down. Like it's
• 24:45
  Speaker 2: almost impossible to rent a place out by yourself when
• 24:48
  Speaker 2: you're eighteen.
• 24:49
  Speaker 3: Oh absolutely, and it's really unrealistic to go, you know what,
• 24:52
  Speaker 3: I'm going to live my dream life and get my
• 24:54
  Speaker 3: own apartment in the CBD and I'm going to live
• 24:56
  Speaker 3: on my own and have a cute studio. Like sorry,
• 24:59
  Speaker 3: it's really expensive. Like if you can afford that, fantastic,
• 25:02
  Speaker 3: I'm really happy for you. Like, and for a lot
• 25:04
  Speaker 3: of people, that's a necessary cost because their mental health
• 25:07
  Speaker 3: is at a point where they couldn't have housemates. Like
• 25:09
  Speaker 3: I get it, I really do, but it's just not
• 25:11
  Speaker 3: feasible for most people. And living in a sharehouse can
• 25:14
  Speaker 3: actually be a wild time. Like I now live with
• 25:17
  Speaker 3: my partner. I'm in my thirties, terrified, but I live
• 25:20
  Speaker 3: with my partner and my pets, and like, you know,
• 25:22
  Speaker 3: I'll never be in that situation again, but you know,
• 25:25
  Speaker 3: I kind of missed it, Like it was so fun
• 25:27
  Speaker 3: having housemates and I made friends that are now my
• 25:29
  Speaker 3: friends for life, and you know, you have you do
• 25:33
  Speaker 3: definitely have moments where you rub people up the wrong way,
• 25:36
  Speaker 3: or fight over garlic confused olive oil, or who's going
• 25:38
  Speaker 3: to buy the next roll of toilet paper. But it's
• 25:41
  Speaker 3: all part of the fun. It's all part of the journey.
• 25:44
  Speaker 3: You go through it, you learn, you grow, and to
• 25:47
  Speaker 3: be honest, it's a fun time.
• 25:48
  Speaker 4: It is a fun time. Okay.
• 25:50
  Speaker 2: So in terms of other tips in keeping the cost down.
• 25:55
  Speaker 3: The next tip, there is budget budget before you move
• 25:57
  Speaker 3: out and while you've moved out. So guys, there is
• 26:00
  Speaker 3: a free downloadable budget on our website. Desertainly go get
• 26:04
  Speaker 3: that key in what you think your rent, electricity, internet,
• 26:07
  Speaker 3: et cetera has got a cost, and that will help
• 26:09
  Speaker 3: you work out how much it's going to be to
• 26:11
  Speaker 3: move out of home. Start budgeting as though you live
• 26:14
  Speaker 3: out of home before you do it to set yourself
• 26:16
  Speaker 3: up for success. But when you are out of home,
• 26:19
  Speaker 3: make sure that you keep a budget so that you
• 26:21
  Speaker 3: know when expenses are coming in, so that you're never
• 26:24
  Speaker 3: left with a flaky housemate who didn't pay the rent
• 26:27
  Speaker 3: on time and you didn't have enough to cover it
• 26:29
  Speaker 3: and then you get kicked out of your apartment. Like
• 26:31
  Speaker 3: I'm not saying that you need to cover for someone.
• 26:33
  Speaker 3: But having an emergency account while being a housemate is
• 26:37
  Speaker 3: really helpful, and I promise you will make you stress
• 26:40
  Speaker 3: a whole heap.
• 26:41
  Speaker 2: Less one hundred percent. The other helpful thing when you
• 26:44
  Speaker 2: have housemates is using apps like split.
• 26:46
  Speaker 3: Wise, which is so good.
• 26:48
  Speaker 2: So it just takes the awkwardness out of having to
• 26:50
  Speaker 2: ask for money because it's all in the app. It's
• 26:53
  Speaker 2: free to download, and it just tells you, like you
• 26:55
  Speaker 2: plug in if you bought the six dollar toilet paper,
• 26:57
  Speaker 2: and then you know, everyone owes a certain amount of
• 26:59
  Speaker 2: the end of the month, so it's smart, does the
• 27:02
  Speaker 2: maths for you.
• 27:03
  Speaker 3: And split Wise again not sponsored, just good and an
• 27:06
  Speaker 3: app that we both use. I use it on holidays still,
• 27:09
  Speaker 3: so if we go on group holidays, we just key
• 27:11
  Speaker 3: and like, oh cool, I'll just get dinner. I chuck
• 27:13
  Speaker 3: it on split wise so that there's no awkward like
• 27:16
  Speaker 3: splitting up payments can be just challenging, and so we
• 27:18
  Speaker 3: chuck it on there and then at the end of
• 27:20
  Speaker 3: the month it tells you what you owe each other.
• 27:21
  Speaker 3: But gee, if you bought the six dollar toilet paper
• 27:24
  Speaker 3: and then I bought you know, some four dollars deep
• 27:26
  Speaker 3: or something at the end of the month, it would
• 27:28
  Speaker 3: tell me that I only owe you two dollars or
• 27:30
  Speaker 3: whatever it is, because it comes out as okay, well,
• 27:33
  Speaker 3: what's the even what's the difference as opposed to adding
• 27:36
  Speaker 3: up the cost, and then yeah, it's actually really cool,
• 27:38
  Speaker 3: super smart and again makes it less awkward as you
• 27:42
  Speaker 3: just go, hey, house mate, like, let's have this. Do
• 27:45
  Speaker 3: you want to have like a split wise and you
• 27:47
  Speaker 3: can just tell me at the end of the month
• 27:48
  Speaker 3: what I owe you? Like cool, you can put whatever
• 27:51
  Speaker 3: on there and there's no like, hey, do you remember
• 27:52
  Speaker 3: that groceries I bought? Like do you remember that? Can
• 27:55
  Speaker 3: we do that? Or do you have the receipt? Buy me? Bye?
• 28:00
  Speaker 4: Okay.
• 28:00
  Speaker 2: And the last point here is if you can stay
• 28:03
  Speaker 2: at home, oh my gosh, don't be afraid to not
• 28:06
  Speaker 2: move out straight away.
• 28:07
  Speaker 3: Oh my gosh. Yes, it's so romantic to move out
• 28:10
  Speaker 3: right like you're like, oh my gosh. When I'm maintain,
• 28:12
  Speaker 3: I'm going to move out. Oh my gosh. If I
• 28:14
  Speaker 3: could live at home, I would Yeah. Do you know
• 28:16
  Speaker 3: how good my mum's cooking is great? Ten out of ten?
• 28:19
  Speaker 3: Like can you imagine being able to stay at home
• 28:22
  Speaker 3: as long as possible? Oh? Would have been a dream.
• 28:25
  Speaker 3: It is the best. So why my sisters moved home
• 28:27
  Speaker 3: so many times? Jee?
• 28:28
  Speaker 2: And you know so have I, So no judgment for me. Okay,
• 28:33
  Speaker 2: so my next question here they there are tips for
• 28:35
  Speaker 2: you all. Hope they're helpful to some of you. In
• 28:39
  Speaker 2: lots of industries, unpaid placements and internships are just part
• 28:43
  Speaker 2: of our degrees and courses, which is rough, but I'm
• 28:46
  Speaker 2: necessary rude.
• 28:48
  Speaker 3: You have a friend at the moment that's having to
• 28:49
  Speaker 3: do this, like unpaid nursing internship. Yeah, it does my
• 28:54
  Speaker 3: head in the idea that you don't get paid for
• 28:56
  Speaker 3: work that you're genuinely doing, Like in my head, one
• 29:00
  Speaker 3: into it because sometimes now I'm not naming names, but
• 29:04
  Speaker 3: there are some industries that will be like, okay, cool,
• 29:07
  Speaker 3: it's an unpaid internship. Like you're not technically meant to
• 29:10
  Speaker 3: be doing a heap of work on an unpaid internship.
• 29:12
  Speaker 3: You're meant to just be there to learn and to
• 29:15
  Speaker 3: grow and you know, to give a bit of a
• 29:16
  Speaker 3: helping hand, like you're not meant to be handed over
• 29:19
  Speaker 3: a job description and like, okay, cool, now you manage
• 29:21
  Speaker 3: avasad and f like that's actually a job, not an internship.
• 29:26
  Speaker 3: And there are some industries that really take advantage of that.
• 29:29
  Speaker 4: I know media does.
• 29:30
  Speaker 3: Yeah, I was gonna say so pr A Media. I
• 29:32
  Speaker 3: really got at that. So make sure that you're not
• 29:34
  Speaker 3: just getting caught up in the brand name and going.
• 29:37
  Speaker 3: But they're such a big company, and like, it would
• 29:39
  Speaker 3: be so good on my resume. You know what else
• 29:41
  Speaker 3: is good on your resume? Paid work? Yeah, paid work
• 29:44
  Speaker 3: that you got paid to do. And in saying that,
• 29:47
  Speaker 3: I'm not saying that unpaid internships are bad. I just
• 29:50
  Speaker 3: think that people aren't respecting that we need income and
• 29:54
  Speaker 3: that if you want me to come and work for
• 29:56
  Speaker 3: your business, like I will, but I need to be
• 30:00
  Speaker 3: remunerated for that. And so for me, if you are
• 30:03
  Speaker 3: in that situation where you do have to do an
• 30:04
  Speaker 3: unpaid internship, plan for it in advance. If you know
• 30:08
  Speaker 3: that in third year, for the last semester you're gonna
• 30:11
  Speaker 3: have this unpaid internship, but it's now like the end
• 30:14
  Speaker 3: of first year, start a little savings account, put money
• 30:17
  Speaker 3: aside so that you're not stressed about groceries or rent
• 30:21
  Speaker 3: during that period of time, or take on some more
• 30:24
  Speaker 3: shifts over the Christmas holidays. I know that at UNI
• 30:28
  Speaker 3: I was useless with this, like I could not, for
• 30:31
  Speaker 3: the life of me save over Christmas holidays because I
• 30:33
  Speaker 3: would make hey, well the sun is shining, yeah, by
• 30:35
  Speaker 3: going out extra at Christmas time because well one it
• 30:38
  Speaker 3: was unibreak. We were having a good time, all my
• 30:41
  Speaker 3: friends were together. We could do a whole heit more
• 30:43
  Speaker 3: stuff because I had more cash flow and I wasn't
• 30:46
  Speaker 3: saving the money that I was making in addition to
• 30:49
  Speaker 3: what I usually would make over that break. So if
• 30:51
  Speaker 3: you are going through you know, a unibreaker a period
• 30:54
  Speaker 3: where you're like, cool, I can actually work full time
• 30:56
  Speaker 3: this week, put some money aside for future you, so
• 31:00
  Speaker 3: future you doesn't have to be stressed about study or
• 31:02
  Speaker 3: internships or you know, taking a few days off to
• 31:05
  Speaker 3: study because you've got exams in you know, a couple
• 31:07
  Speaker 3: of weeks and you're really stressed about it, Like, look
• 31:09
  Speaker 3: after yourself. That is why we're being afforded these opportunities.
• 31:13
  Speaker 3: And I wish that I had done that, Like I
• 31:16
  Speaker 3: remember too many times I was just stressed coming up
• 31:18
  Speaker 3: to exam time and I was like, oh my gosh,
• 31:20
  Speaker 3: but I have to work. But I can't call in
• 31:22
  Speaker 3: sick because if I call in sick, I am not
• 31:24
  Speaker 3: going to have money for rent, and it was really
• 31:27
  Speaker 3: self perpetuating and really stressful. Can you imagine if I'd
• 31:30
  Speaker 3: actually save some money over Christmas break? So I went,
• 31:33
  Speaker 3: you know what, I know that when September comes, exams
• 31:37
  Speaker 3: are going to be wild. I'm just gonna save up,
• 31:40
  Speaker 3: you know, maybe half of this month's rent so that
• 31:42
  Speaker 3: I can take off a few shifts so that I
• 31:44
  Speaker 3: can just study and everything will be so much easier.
• 31:47
  Speaker 2: We did a whole episode on variable incomes and those
• 31:50
  Speaker 2: unpaid periods as well, So go back and.
• 31:52
  Speaker 3: Like what I'm saying is not new, Sorry guys.
• 31:54
  Speaker 4: No, well it's good at Drill.
• 31:56
  Speaker 3: It's true, right, Like, and we just want to make
• 31:58
  Speaker 3: sure that we are leaning on, say so that when
• 32:00
  Speaker 3: we have a period of unpaid internship or you know,
• 32:04
  Speaker 3: we've got something stressful that we want to take off work,
• 32:06
  Speaker 3: we can do that for ourselves. Like we're not saying
• 32:09
  Speaker 3: save up thousands so that you pay your rent six
• 32:11
  Speaker 3: months in advance, but like maybe save up a week's
• 32:14
  Speaker 3: worth of expenses so that when September rolls around you
• 32:17
  Speaker 3: can comfortably say, hey, work, I need a few shifts off.
• 32:21
  Speaker 3: I'm going to study, and your groceries are covered and
• 32:24
  Speaker 3: your transport is covered. Like we're not saying save up
• 32:27
  Speaker 3: heap so you can live your best life during that week.
• 32:29
  Speaker 3: But like, how much more comfortable would it be if
• 32:31
  Speaker 3: I said to you, g you don't have to work
• 32:33
  Speaker 3: this week. It's not going to be an issue, Like
• 32:35
  Speaker 3: You've got more than enough money for groceries for this
• 32:37
  Speaker 3: week and next, Like it's going to be good. You're like,
• 32:39
  Speaker 3: oh my gosh, Okay, I'll stay at home, I'll go
• 32:42
  Speaker 3: for some nice walks in the morning, and then I'll
• 32:44
  Speaker 3: just study all of those days and you're going to
• 32:46
  Speaker 3: just have a more relaxed period, Like it's just going
• 32:49
  Speaker 3: to be better for you, for your mental health, for
• 32:52
  Speaker 3: your unique experience, Like I promise you it's a good idea.
• 32:56
  Speaker 2: Well, this leads me to my last question B, which
• 32:58
  Speaker 2: is that obviously at UNI at Tafe, when we're studying,
• 33:03
  Speaker 2: we've got a lot on and it is so stressful,
• 33:06
  Speaker 2: like juggling so much is hard. So I'm kind of
• 33:09
  Speaker 2: in the market from you. You're in the market for
• 33:12
  Speaker 2: what I'm in the market for a motivational less about
• 33:18
  Speaker 2: finance and more just about how you can stay positive
• 33:22
  Speaker 2: during this time, which can be really really hard for
• 33:24
  Speaker 2: a lot of people.
• 33:25
  Speaker 3: Was this episode not good enough?
• 33:26
  Speaker 2: Well, I think it was, but I just want some
• 33:28
  Speaker 2: of your analogies.
• 33:30
  Speaker 3: But it is hard, right, Like, it is really hard
• 33:33
  Speaker 3: to study and work and have a lot of pressure
• 33:36
  Speaker 3: put on ourselves, and I think we just need to
• 33:38
  Speaker 3: relieve that. And I don't think enough of us put
• 33:40
  Speaker 3: our mental health first during UNI. Like I look back
• 33:44
  Speaker 3: on UNI and I go, yeah, it was really fun.
• 33:45
  Speaker 3: And then I sit down and I start really deeply
• 33:48
  Speaker 3: thinking about my UNI experience. And I wasn't happy a
• 33:51
  Speaker 3: lot of the time because I was stressed, or I
• 33:53
  Speaker 3: was overwhelmed, or I didn't think I was doing well enough.
• 33:56
  Speaker 3: And it will come as absolutely no surprise to anybody
• 33:59
  Speaker 3: that I put a lot of pressure on myself. Ha ha.
• 34:02
  Speaker 3: And so you know, if I didn't get the score,
• 34:04
  Speaker 3: I thought i'd get on an assignment, like I'd be
• 34:06
  Speaker 3: upset and I'd ruminate on it. Well, maybe I'll never
• 34:09
  Speaker 3: be a good psychologist. It turns out I was never
• 34:12
  Speaker 3: going to be a good chilist. But I think it's
• 34:14
  Speaker 3: really important to just remember the bigger picture. It's really
• 34:18
  Speaker 3: important to be kind to yourself and you know, seek
• 34:21
  Speaker 3: help if you need it, And remember that mental health
• 34:24
  Speaker 3: is a really big component of our physical health. Like
• 34:27
  Speaker 3: if you're not well mentally, you're gonna feel sick. You're
• 34:29
  Speaker 3: not going to be well. Like it impacts your digestion,
• 34:32
  Speaker 3: it impacts literally everything, Like I talk to people, know,
• 34:35
  Speaker 3: oh I'm really like intolerant to a food At the moment,
• 34:37
  Speaker 3: I'm like, is it that or you distressed, babe, Like
• 34:40
  Speaker 3: it's your body just not reacting well to the fact
• 34:43
  Speaker 3: that you are literally overwhelmed. You haven't put your mental
• 34:46
  Speaker 3: health first. And I think that it's interesting how mental
• 34:51
  Speaker 3: health historically has been seen as something that's always like okay, cool,
• 34:54
  Speaker 3: Like are you seeing a psychologist, You'd immediately think that
• 34:57
  Speaker 3: someone was mentally unwell, whereas now it's like, oh you're
• 35:00
  Speaker 3: seeing a psychologists. Great, Like keep that in check, like
• 35:03
  Speaker 3: it's a good thing to talk to people, but also
• 35:06
  Speaker 3: don't forget it's okay to sometimes tap out. It is
• 35:09
  Speaker 3: okay to go you know what. I just can't this weekend.
• 35:11
  Speaker 3: I'm not gonna go out. I'm gonna just stay home.
• 35:14
  Speaker 3: I'm gonna sleep in and go for a walk. Like
• 35:16
  Speaker 3: there is something so special about being able to give
• 35:19
  Speaker 3: yourself an entire sunday, Like it can be really hard
• 35:23
  Speaker 3: at UNI because sometimes you're working and then you are studying,
• 35:26
  Speaker 3: and then you're working and there's never this off period.
• 35:28
  Speaker 3: Give your self day sleeping, have a big jug of
• 35:31
  Speaker 3: water in the morning, and go for a walk and
• 35:33
  Speaker 3: put your phone on silent and leave it in a drawer.
• 35:36
  Speaker 3: Like I know that those are little things, but your
• 35:38
  Speaker 3: mental health it doesn't have to cost thousands. You don't
• 35:41
  Speaker 3: need to go do fancy pilates classes or yoga classes.
• 35:44
  Speaker 3: You can jump on yoga with Adrian on YouTube and
• 35:47
  Speaker 3: do a free one in your lound room. And I
• 35:49
  Speaker 3: promise you just moving your body, especially while you are stressed,
• 35:53
  Speaker 3: is going to make you less stressed. Yeah, anyway, I
• 35:56
  Speaker 3: hope that was helpful.
• 35:57
  Speaker 4: Well, do that was motivational?
• 36:00
  Speaker 3: No, just like I didn't ever think I'd become this
• 36:02
  Speaker 3: person that people come to for motivational speeches. But like
• 36:04
  Speaker 3: it is hard and we need to put future us first.
• 36:07
  Speaker 3: But like future us is important. Great, we're trying to
• 36:10
  Speaker 3: put them first, but current you is also important. And
• 36:13
  Speaker 3: I say this all the time, like you just need
• 36:15
  Speaker 3: to look after you because you only have one body.
• 36:18
  Speaker 2: Treat it right and taking a day off here or there, Like,
• 36:21
  Speaker 2: that's a really positive thing to do to help your
• 36:25
  Speaker 2: mental health and to help you perform efficiently and effectively exactly.
• 36:29
  Speaker 3: And if you can't do that, that's also okay. Don't
• 36:32
  Speaker 3: put the pressure on yourself to take off a day
• 36:34
  Speaker 3: when you're like, Victoria really can't do that. But how
• 36:36
  Speaker 3: about have a think about the things that are adding
• 36:38
  Speaker 3: to your mental load? How do you take some of
• 36:40
  Speaker 3: those things off? Like are you coming straight home from
• 36:44
  Speaker 3: work even if it is like nine pm and playing
• 36:46
  Speaker 3: on your phone until you go to bed? Like, how
• 36:48
  Speaker 3: about have a bath when you get home from work,
• 36:51
  Speaker 3: Light a nice candle, put a cute playlist on on Spotify,
• 36:54
  Speaker 3: and sit in the bath for half an hour, Like
• 36:57
  Speaker 3: that is going to disconnect to you from the day
• 36:59
  Speaker 3: that was to having a really good sleep. Like I
• 37:02
  Speaker 3: find that social media and just having your phone on
• 37:05
  Speaker 3: you and a screen on you twenty four seven really
• 37:08
  Speaker 3: weighs on you in a way that I don't think
• 37:10
  Speaker 3: people understand as well as they could.
• 37:12
  Speaker 2: It icky after a while, like if I've been looking
• 37:14
  Speaker 2: at my phone for too long, I'm like, oh, like
• 37:15
  Speaker 2: I need I just need to like look at a
• 37:17
  Speaker 2: tree for a while yeah, literally, but like, come home
• 37:20
  Speaker 2: nine PM's not too late. I know you're probably not
• 37:23
  Speaker 2: going to sleep well because you haven't switched off anyway,
• 37:25
  Speaker 2: Do a quick stretch session from a free yoga video
• 37:28
  Speaker 2: on YouTube, like, do something for you. I don't care
• 37:32
  Speaker 2: what it is, even if it's a cup of tea
• 37:34
  Speaker 2: on the couch, even if it's cat videos on YouTube, like, I.
• 37:37
  Speaker 3: Don't mind, But what are you going to do for
• 37:40
  Speaker 3: you today? And I think that that's probably a great
• 37:42
  Speaker 3: place to leave it. One hundred percent. You well said,
• 37:44
  Speaker 3: thank you. But just before we head off, we'd like
• 37:47
  Speaker 3: to acknowledge and pay respect to Australia's Aboriginal and Torres
• 37:50
  Speaker 3: Strait Islander people's. They're the traditional custodians at the lands,
• 37:53
  Speaker 3: the waterways and the skies all across Australia. We thank
• 37:57
  Speaker 3: you for sharing and for caring for the land on
• 37:59
  Speaker 3: which we are able to. We pay our respects to
• 38:01
  Speaker 3: elders past and present, and we share our friendship and
• 38:04
  Speaker 3: our kindness.
• 38:05
  Speaker 2: Andrew remember guys that the advice shared on She's on
• 38:07
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• 38:10
  Speaker 2: your individual circumstances. She's on the Money exists purely for
• 38:14
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• 38:16
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• 38:32
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