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Fast fashion needs to slow down · She's On The Money

0:00
Speaker 1: She's on the Money.
0:02
Speaker 2: She's on the Money. Hello and welcome to the first
0:14
Speaker 2: episode of the third season of She's on the Money,
0:17
Speaker 2: the podcast for millennials who want financial freedom. My name
0:20
Speaker 2: is Georgia King, a copywriter and journalism student with a
0:23
Speaker 2: little bit announced when it comes to the world of money,
0:25
Speaker 2: but still with lots to learn if I'm honest, and
0:27
Speaker 2: here to help answer my never ending list of questions
0:30
Speaker 2: is my glorious co host Ms. Victoria Divine Vicki d Hello.
0:34
Speaker 1: Excuse me, Georgia, keys you Bikindi. Yeah, that's disgusting, but
0:38
Speaker 1: I'm glad to be back. Thank you to see you.
0:41
Speaker 2: Okay, So today on the show, we are going to
0:44
Speaker 2: be tackling the controversial world of fast fashion, talking through
0:47
Speaker 2: the problems with the unsustainable system as it stands, as
0:50
Speaker 2: well as the ways we can ethically engage with fashion
0:52
Speaker 2: without ruining our bank accounts. But first, Victoria, money wins
0:55
Speaker 2: or confessions? What if it got for me?
0:57
Speaker 1: For the last little while, Okay, I've thought good and
0:59
Speaker 1: hard about this. I have had ample time to think
1:01
Speaker 1: of money wins and confessions. And this week well, I
1:04
Speaker 1: mean this one was from last week, but last week
1:07
Speaker 1: my best friend, Steph turned thirty.
1:10
Speaker 2: Happy Steph, Happy birthday.
1:11
Speaker 1: Happy birthday, Stephanie. You are one of my greatest friends.
1:15
Speaker 1: She knows that already. But we decided to go out
1:19
Speaker 1: for a high tea for her birthday, so she distanced. Yeah,
1:21
Speaker 1: of course, to a very beautiful venue. It is what
1:24
Speaker 1: she wanted to do. It's actually what I wanted to
1:26
Speaker 1: do as well. So we were stoked about this.
1:28
Speaker 2: Yeah.
1:29
Speaker 1: We turned up to the restaurant and they weren't actually
1:32
Speaker 1: ready for us, and the waitress was delightful, but you
1:36
Speaker 1: could tell she was so stressed, and so she's like,
1:40
Speaker 1: oh my gosh, I'm so sorry, guys. We have completely,
1:43
Speaker 1: you know, lost the plot in here today. It's going
1:46
Speaker 1: to be forty five minutes before you get any food
1:49
Speaker 1: on your table.
1:49
Speaker 2: Yeah, bit of a ways.
1:50
Speaker 1: Yeah, And we could tell she was really stressed, and
1:52
Speaker 1: we're like, no problems, do not worry at all. Like
1:55
Speaker 1: we honestly weren't fazed.
1:56
Speaker 2: Just happy to be out of it.
1:57
Speaker 1: That we were happy to be out of the house.
1:58
Speaker 1: We couldn't believe that you were free. But also, you know,
2:02
Speaker 1: it's not her fault. You know, these things happen. Also,
2:05
Speaker 1: we were having a good day. We were not going
2:07
Speaker 1: to let that get in the way. So she's like,
2:09
Speaker 1: do you want a mimosa? I was like, of course
2:11
Speaker 1: I want a mimosa. So step and I shared a
2:13
Speaker 1: couple of mimosas, and then she comes over to our
2:15
Speaker 1: table and she's like, hey, guys, you know it was
2:17
Speaker 1: still going to be another twenty minutes or whatever it was,
2:20
Speaker 1: but I just want to let you know that I'm
2:21
Speaker 1: going to comp the whole thing because you guys were
2:24
Speaker 1: so nice to me, and I was so worried you
2:26
Speaker 1: guys would come in and be really nasty to me
2:29
Speaker 1: because you know, we didn't have it ready in time.
2:31
Speaker 1: And I'm like, oh my gosh, no way. So my
2:34
Speaker 1: money win is that we went out for a fancy,
2:37
Speaker 1: fancy high tea and then the whole whole thing.
2:40
Speaker 2: That's so nice.
2:41
Speaker 1: How good is that?
2:42
Speaker 2: I mean, you guys would have been happy just with
2:43
Speaker 2: the free mimosa.
2:44
Speaker 1: Oh my gosh. I would have been happy with a
2:46
Speaker 1: free mimosa. In fact, I was happy not having anything
2:49
Speaker 1: for free. But I just thought that was really kind
2:52
Speaker 1: and that was a very nice money win for me. Georgiad, yeah,
2:56
Speaker 1: cover money win, all money confession. I don't know where
2:58
Speaker 1: you've been.
3:00
Speaker 2: Well, I do have a money in this week, and
3:02
Speaker 2: I prised, guys, Victoria hasn't paid me to say this,
3:05
Speaker 2: where are we going? Because so I've been at Victoria's
3:08
Speaker 2: a little bit lately. We've been podcasts planning, we've been recording,
3:11
Speaker 2: we've been doing it all and she's been feeding me
3:13
Speaker 2: basically I.
3:14
Speaker 1: Do for summary.
3:15
Speaker 2: Yeah, so the other day, what did she make me?
3:17
Speaker 2: She made me poached eggs on toast I did with
3:19
Speaker 2: the side of and then we had like a burrito
3:22
Speaker 2: for lunch, some coffees and then a glass of red
3:24
Speaker 2: wines around out the day.
3:26
Speaker 1: And don't forget the raspberry lollies that we have through
3:29
Speaker 1: spraspberry bullets and what are Daryl raspbry bullets and the
3:33
Speaker 1: raspberry tweeters. Sorry, keep them in the fridge. It makes
3:36
Speaker 1: the delight last longer.
3:37
Speaker 2: Yeah, that was that was good. But essentially you saved
3:40
Speaker 2: me a day's worth of eating very luxuriously.
3:44
Speaker 1: So I don't know, I think that's the money win.
3:49
Speaker 2: Are you trying to wind up what's going on there?
3:51
Speaker 1: Yeah, I'm just trying to impress you in that you.
3:53
Speaker 3: Can sign and pressed.
3:55
Speaker 1: Well, I was just hoping that you'd sign on for
3:57
Speaker 1: another season of She's on the Money. You know what,
4:00
Speaker 1: Georgia just seems like the type of person I could
4:02
Speaker 1: bribe with food, and yet was I wrong?
4:05
Speaker 4: Yeah?
4:06
Speaker 2: You know. Okay, let's go back to the podcast. Okay, sorry,
4:10
Speaker 2: We'll take a quick look at the Facebook community I reckon,
4:12
Speaker 2: who unsurprisingly has been incredibly supportive during a time that
4:16
Speaker 2: has been so hard for so many Victoria, have any
4:19
Speaker 2: of the posts stood out to you recently?
4:21
Speaker 1: Yes, I actually have one post. I think it's related
4:26
Speaker 1: to our podcast topic as well, so I feel like
4:29
Speaker 1: this is a really good one. So I've got one
4:31
Speaker 1: from Dana and she posted this week. Actually she said
4:34
Speaker 1: money when I've had a few pieces of clothing that
4:37
Speaker 1: still had tags or were only worn once, and a
4:39
Speaker 1: pair of skates sitting in my wardrobe for over a year.
4:42
Speaker 1: So for the first time last week I tried to
4:45
Speaker 1: put them on eBay and within a minute, one of
4:48
Speaker 1: the shirts was already sold. And yesterday she put the
4:51
Speaker 1: skates on Facebook and within five minutes she sold the
4:54
Speaker 1: skates on Facebook, meaning that she made one hundred and
4:57
Speaker 1: sixty bucks in what's happen like six minutes worth of
5:00
Speaker 1: work anyway. I think that's a really big money win
5:03
Speaker 1: and also a little bit of a kickup the pants
5:06
Speaker 1: for someone like me who has had so much time
5:08
Speaker 1: at home yet hasn't gone through her wardrobe or put
5:11
Speaker 1: anything on eBay or Facebook or garmentry or anywhere to
5:14
Speaker 1: sell it.
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Speaker 2: The same I have a huge bag of clothes and
5:16
Speaker 2: I've been meaning to do that with and I just
5:19
Speaker 2: I can't be bothered.
5:20
Speaker 1: Yeah, I think you saw in my study last time
5:22
Speaker 1: You're at my house, Georgia, that I actually have a
5:25
Speaker 1: pile of clothing and shoes in the corner of my
5:28
Speaker 1: study that I've been saying, Look, they're too good to donate,
5:31
Speaker 1: but I also want to put them on eBay or
5:33
Speaker 1: something and just haven't done it. I need to find it.
5:37
Speaker 2: Although Dona Dana did part with her skates, which upsets me.
5:40
Speaker 1: Yeah, I'm not gonna let my skates go. I actually
5:43
Speaker 1: have some pretty sick rollerblades. Really.
5:45
Speaker 2: Yeah.
5:45
Speaker 1: My best friend or one of my best friends, Frozen
5:47
Speaker 1: and I when she didn't live in Canada because she's
5:50
Speaker 1: bailed on me, we used to go roller blading all
5:53
Speaker 1: the time. Yes, it was actually so fun interesting. Yes,
5:56
Speaker 1: we used to like use our Saturday mornings. And this
5:59
Speaker 1: is probably the lamest thing you'll learn about me. We
6:01
Speaker 1: used to on a Saturday morning go roller skating, had
6:05
Speaker 1: a really fun time. Just like so near where we live,
6:09
Speaker 1: or where Rose used to live before she left me
6:12
Speaker 1: to move to Canada, was a completely concreted path and
6:16
Speaker 1: it was called the Century Trail. For anyone who lives
6:19
Speaker 1: in the Inn East you'll know what I'm talking about.
6:22
Speaker 1: So we'd go along the Century Trail, all completely concreted,
6:25
Speaker 1: so perfect for our rollerblades. I stacked it a couple
6:28
Speaker 1: of times. We've got some Gnali scars from our roller
6:30
Speaker 1: plating escapades, but you know what we do after that,
6:33
Speaker 1: we'd go to seven leander them and get slurpies because
6:36
Speaker 1: we're at all no I was twenty eight. No judgment here,
6:41
Speaker 1: no judgment, but I thought we were still having fun.
6:44
Speaker 2: I'm happy for you. I'm glad we spent five honurs.
6:46
Speaker 1: Sugar free about our sugar free coke. Slurvies were absolutely amazing.
6:51
Speaker 1: One dollar, by the way, is what a slurpy cost
6:53
Speaker 1: of these days. It's not healthy, but what a good
6:57
Speaker 1: date day for me and a friend.
6:58
Speaker 2: Yeah, love that for you.
6:59
Speaker 1: You know what. I think you should keep the podcast going,
7:01
Speaker 1: get us back on track. Georgia King. I would love
7:04
Speaker 1: to know if you have something from the community that
7:06
Speaker 1: you would like to do.
7:07
Speaker 2: I have a little win from a lovely lady named Lauren,
7:10
Speaker 2: and she's written a whole post about Lulu lemon so
7:15
Speaker 2: I know they're the best. Essentially, she had some types
7:18
Speaker 2: for a few years. They were starting to disintegrate or deteriorate,
7:22
Speaker 2: she's written, so she went back in and spoke with
7:25
Speaker 2: the sales associate and they actually exchanged them really, which
7:29
Speaker 2: seems I didn't know that that was a thing. I
7:31
Speaker 2: know that's a thing for some brands, especially more expensive brands.
7:34
Speaker 2: Like let's be honest, how much does the cost of
7:36
Speaker 2: Lulu leggings cost you? One hundred and something?
7:39
Speaker 1: Yeah, one hundred and twenty or three? Yeah, and they
7:41
Speaker 1: are more expensive ones. Yeah, Look, they're an investment. They
7:44
Speaker 1: are super comfy. But also if you bought them in
7:46
Speaker 1: a month later, all the scenes came undone. I' yeah
7:48
Speaker 1: pretty annoyed. Yeah, I love that money when I think
7:50
Speaker 1: that's really good. But I'd also like to point out
7:53
Speaker 1: that I actually did say that on Facebook. Georgia. Yes,
7:56
Speaker 1: and I didn't love some of the comments on there
7:59
Speaker 1: because I felt like a lot of people were potentially
8:01
Speaker 1: trying to abuse that policy. Right, So, I mean, if
8:04
Speaker 1: you've had them for a while and they've definitely deteriorated
8:08
Speaker 1: beyond what reasonable wear and tear might be, then absolutely
8:11
Speaker 1: take them back. They're a quality product and you should
8:14
Speaker 1: expect quality right to us. And if you've been wearing
8:16
Speaker 1: them for five years and you're taking your old Lulu
8:19
Speaker 1: leggings back and saying, okay, well you can replace these,
8:22
Speaker 1: I've worn these out now, Yeah, I mean you've got
8:24
Speaker 1: good cost per wear out of those, I think that
8:26
Speaker 1: maybe you should do the right thing by the brands
8:29
Speaker 1: because if you don't, those policies are going to disappear
8:32
Speaker 1: to the people who actually need them.
8:34
Speaker 2: Yes, so don't take key there, Yeah, don't.
8:36
Speaker 1: Take the mickey. But like good little chat I think
8:38
Speaker 1: to have but also definitely a money win and definitely
8:42
Speaker 1: stand up for the things that you are entitled to
8:45
Speaker 1: as well, Like if something is broken, take it back.
8:48
Speaker 1: Ye ask the retailer what they can do about it.
8:50
Speaker 1: The worst they can say is no, exactly, just be kind,
8:53
Speaker 1: like approach everything with kindness, and I'm sure people will
8:56
Speaker 1: throw it right back at you.
8:57
Speaker 2: A lovely message to end that on fee. Alrighty, so
9:00
Speaker 2: now it is time for the main topic of today's show,
9:03
Speaker 2: Fast Fashion?
9:04
Speaker 1: Well, who who?
9:05
Speaker 2: Fast Fashion is the term given to the cycle in
9:08
Speaker 2: which big brands mass produce the latest runway trends at
9:11
Speaker 2: an affordable price, making them accessible to a wider group
9:14
Speaker 2: of people. Now this does sound noble, and it's great
9:17
Speaker 2: that affordability means less exclusivity, but usually these fast fashion
9:21
Speaker 2: giants actually like integrity in their business practice and they
9:24
Speaker 2: utilize unsustainable, unethical methods to keep their prices low. Now
9:28
Speaker 2: I've done my research, guys, and according to the ABC,
9:31
Speaker 2: Australians are currently disposing of six thousand kilograms of fashion
9:35
Speaker 2: and textile waste every ten minutes.
9:37
Speaker 1: Wait what ten minutes?
9:39
Speaker 2: Ten minutes? Six thousand kilograms?
9:41
Speaker 1: Okay? I thought you were going to say like every
9:43
Speaker 1: month or something, and I was going to be horrified
9:46
Speaker 1: at that as well. But what do you mean every
9:47
Speaker 1: ten minutes in Australia? Okay, sorry, I'll let you get
9:50
Speaker 1: back with you rap. Yes, sorry, I just needed to
9:52
Speaker 1: jump in there. Give me some more status stat scalp.
9:55
Speaker 2: Okay, So the fashion industry also accounts with ten percent
9:59
Speaker 2: of global p which is actually the second highest industry contributor.
10:03
Speaker 2: And this is because of these pesticides and cotton farming,
10:06
Speaker 2: as well as fossil fuels and the production of polyester,
10:08
Speaker 2: and also the release of methane from clothes in landfill,
10:11
Speaker 2: as well as heaps of other destructive bits and pieces.
10:14
Speaker 2: Victoria for context, because I am harping on over here
10:18
Speaker 2: for context, can you please talk us through a little
10:20
Speaker 2: bit of the history of fast fashion in Australia and
10:22
Speaker 2: talk us through white is so very problematic.
10:24
Speaker 1: That was actually really interesting, And Georgia and I this
10:27
Speaker 1: season have decided to not read each other's notes before
10:30
Speaker 1: we go into podcast recording. So I'm actually shocked that
10:33
Speaker 1: that is the case, Georgia. It has a lot of
10:37
Speaker 1: issues associated with it, right, Like we know that already.
10:40
Speaker 1: We've probably seen on blogs on Instagram. We can see
10:43
Speaker 1: all of these fashion brands trying to be more ethical
10:46
Speaker 1: and for good reason. But one of the main issues
10:49
Speaker 1: here is that's so bad for the environment in both
10:51
Speaker 1: pollution and waste, but also the social aspects of inadequate
10:55
Speaker 1: working additions in the warehouses that exist abroad, which also
10:59
Speaker 1: have completely unsustainable wages for those factory workers, which, honestly,
11:04
Speaker 1: let's be honest, is a huge issue. So the other
11:07
Speaker 1: big issue is that we are spending money on items
11:10
Speaker 1: that do not last for us and they don't serve
11:13
Speaker 1: us well in the long term. So look, there's just
11:16
Speaker 1: so much going on there. And I could harp on
11:18
Speaker 1: about values and beliefs and all of the things that
11:20
Speaker 1: I believe in. I think you guys know where I
11:22
Speaker 1: would go with that. But I think it's really important
11:25
Speaker 1: to just start this conversation, especially in our community, because
11:28
Speaker 1: it is so important. So in the past ten to
11:31
Speaker 1: twenty years, things have changed dramtically, let's be honest. We
11:34
Speaker 1: are making leaps and bounds in the right direction. And
11:37
Speaker 1: the fashion process now no longer takes like six months,
11:41
Speaker 1: actually can take only two weeks.
11:43
Speaker 2: So that's ridiculous, insane how much goes into the design
11:46
Speaker 2: and the production and the retail of it exactly.
11:49
Speaker 1: But it's also somewhat terrifying because you've got to think
11:52
Speaker 1: about what people are compromising to make that happen. So
11:57
Speaker 1: it's now no longer a process of six months. It's
12:00
Speaker 1: back and forth for design and then construction and all
12:02
Speaker 1: of that other stuff. If it can take two weeks, obviously,
12:05
Speaker 1: that means that we can be in the latest trends quicker,
12:08
Speaker 1: but also at what cost? And I think that we
12:11
Speaker 1: really need to be talking about that. So the essence
12:14
Speaker 1: of fast fashion is that it is seen to be
12:16
Speaker 1: somewhat disposable. I guess it's due to its cheap price
12:19
Speaker 1: point and often low quality. Like how many times have
12:22
Speaker 1: we all said, oh, oh, just buy that toop, It'll
12:24
Speaker 1: be perfect for Saturday night yep, and then you never
12:26
Speaker 1: wear it again exactly. So for me, that's something that
12:29
Speaker 1: I've spoken about before, and it's not aligned to my
12:32
Speaker 1: goals and my values, but it's also something that you
12:36
Speaker 1: know each to our own. But I have friends that
12:38
Speaker 1: I've had conversations around this topic and they're like, I've
12:40
Speaker 1: really never thought about it too deeply, and so I
12:43
Speaker 1: think that it's just a really good conversation to open up. Yeah, so, Georgia,
12:47
Speaker 1: to jump back on track, the fact of the matter
12:49
Speaker 1: is that these always new stock in store. That compels
12:53
Speaker 1: us as the consumers to keep shopping so that we
12:55
Speaker 1: can obtain the latest and greatest, which we feel like
12:59
Speaker 1: we should Yeah, I shouldn't but our dopamine levels are
13:02
Speaker 1: associated with this. To get a little bit psychology on
13:05
Speaker 1: you for a second, which are our pleasure hormones or
13:07
Speaker 1: receptors as you would like. And when we see these things,
13:10
Speaker 1: we want to buy them, and they give us this
13:12
Speaker 1: really good feeling, so it spikes, but then it goes
13:14
Speaker 1: away immediately. So I feel like a lot of us
13:16
Speaker 1: are potentially buying clothes that we don't need because they
13:18
Speaker 1: make us feel good for five minutes, we wear them
13:20
Speaker 1: once and then they just blow the landfill, and it's
13:23
Speaker 1: an absolute waste for everybody involved. It's waste of your money,
13:26
Speaker 1: it's a waste of resources. It is just a waste.
13:28
Speaker 1: I mean, I'm being dramatic, but the end of the day,
13:30
Speaker 1: it's something that I'm quite passionate about. And we often
13:34
Speaker 1: end up in situations where we buy something a month ago,
13:37
Speaker 1: then we don't want it anymore because we bought it
13:39
Speaker 1: in the heat of the moment. Maybe it was like
13:41
Speaker 1: ill fitted, but you're willing to compromise because it's cheap.
13:45
Speaker 1: But then it's like, well, I'm not gonna wear it
13:46
Speaker 1: because it is ill fitted, And yeah, that's the end
13:50
Speaker 1: of my little fast fashion ranch. But the driving principle
13:53
Speaker 1: of the problem with this fashion form and explains why
13:57
Speaker 1: it's so effective but also slow damaging on our personal
14:00
Speaker 1: bank accounts.
14:01
Speaker 2: Well, that's it, isn't it.
14:02
Speaker 1: Yeah, we're not just talking about, you know, being ethical
14:04
Speaker 1: and buying things from overseas. It's like, well, I know
14:07
Speaker 1: that top from H and M was only going to
14:09
Speaker 1: cost you fourteen dollars or something, but when you buy
14:11
Speaker 1: three of those a month exactly, and we justify it
14:15
Speaker 1: so easy because quote me, oh, it was only fifteen dollars,
14:18
Speaker 1: or it was only twenty dollars. Yeah, twenty dollars is
14:21
Speaker 1: a lot in the grand scheme of things, especially if
14:23
Speaker 1: it's not going towards something constructive exactly.
14:26
Speaker 2: I think you guys spoke about this in season one
14:29
Speaker 2: in the Price of Comparison, But would you say that
14:31
Speaker 2: social media plays into this expectation that we always need
14:35
Speaker 2: to be looking fresh and and new top, like you
14:37
Speaker 2: can't wear the same thing twice on the socials, that's silly,
14:40
Speaker 2: Like what's that about.
14:42
Speaker 1: I think that that definitely plays into it. That was
14:44
Speaker 1: one of my favorite episodes actually to record, because it's
14:47
Speaker 1: something I'm so passionate about and I think there's this
14:50
Speaker 1: unrealistic expectation for us to consistently be in the latest
14:54
Speaker 1: and greatest when it's not actually necessary. Like we put
14:58
Speaker 1: these expectations on ourself, but we'd never in a million
15:01
Speaker 1: years put them on our friends. Like I might think,
15:03
Speaker 1: oh my gosh, I can't wear you know, I'm at
15:06
Speaker 1: a life stage where a lot of my friends are
15:07
Speaker 1: getting married, and my thought process is, I'm not going
15:11
Speaker 1: to wear that dress to the wedding because the friends
15:12
Speaker 1: that are going to be at the wedding have seen
15:14
Speaker 1: that dress before. Whereas I'm sure if I asked you, Georgia, hey,
15:17
Speaker 1: should I wear that navy dress that I have, you go, yeah,
15:19
Speaker 1: you look great in it, Like, just wear it again.
15:21
Speaker 1: It's great dress. So I think that we put unrealistic
15:24
Speaker 1: expectations on ourselves that we would never actually put on
15:27
Speaker 1: our friends. So I think we need to be a
15:28
Speaker 1: little bit kinder to ourselves and also just be aware that,
15:32
Speaker 1: you know, we aren't all social media influencers. And you
15:36
Speaker 1: know you've said this a million times, but debt is invisible.
15:39
Speaker 1: Like each time you see someone on a social media
15:41
Speaker 1: platform wearing the latest and greatest one, you don't know
15:44
Speaker 1: if it was gifted to them. That's very popular right
15:47
Speaker 1: now where brands will reach out to influencers and say, hey,
15:50
Speaker 1: we'll give you a dress if you post it on
15:51
Speaker 1: your feed. But two, you don't know how much debt
15:54
Speaker 1: they went into that, or if they're not in debt,
15:56
Speaker 1: you don't know their financial situation that has allowed them
15:59
Speaker 1: to afford that, exactly. So stop comparing yourself to the
16:02
Speaker 1: journey if.
16:03
Speaker 2: We know on Instagram we're only seeing people's highlight reels exactly. No.
16:08
Speaker 1: I love your mum. I think she's great and also
16:10
Speaker 1: has some wisdom there. But I posted a quote the
16:13
Speaker 1: other day that said, sometimes the grass is green ut
16:16
Speaker 1: because it's fake, and I just thought that was so good. Yeah,
16:20
Speaker 1: I mean not so good, but like I saw it
16:22
Speaker 1: and I was like, you know what, that's so true,
16:25
Speaker 1: so true. Yeah, that is so true, And like that
16:27
Speaker 1: then aligns George to my favorite quote, which is fake
16:31
Speaker 1: rich now real poor Later Zarah, all right, I mean
16:35
Speaker 1: that'll do. Let's wrap that segment.
16:38
Speaker 2: So I was actually listening to an interview last week
16:40
Speaker 2: Victoria with the founder of Nick Nata, which I don't
16:43
Speaker 2: know if you've heard of, but I haven't. You haven't
16:46
Speaker 2: I'll explain it.
16:47
Speaker 1: Does that make me wildly uncle? No? No, you're yeah,
16:49
Speaker 1: I mean my sister, I am wildly uncle.
16:52
Speaker 2: It's a beautiful Barren Bay based Australian lifestyle brand, beautiful leggings, jumpers.
16:58
Speaker 2: It's divine. But I think it was Laura May who
17:00
Speaker 2: was the founder. She was talking about how she built
17:03
Speaker 2: the brand, and she was so clearly, so passionate about
17:06
Speaker 2: what she was talking about. But she mentioned that a
17:09
Speaker 2: bigger brand had come in and effectively stolen her designs
17:14
Speaker 2: and reproduced them.
17:16
Speaker 1: Slapped there lay that's actually the worst.
17:19
Speaker 2: You can go to Nick Nada's instagram to see which
17:21
Speaker 2: big brand that was if you're interested, but we won't
17:23
Speaker 2: name them here.
17:24
Speaker 1: That is not cool. I actually have a girlfriend called
17:27
Speaker 1: Cat who is an absolute delight. She runs and you
17:31
Speaker 1: guys might have heard of it. Kat the label, which
17:33
Speaker 1: is a gorgeous lingerie brand. Yeah, and she's had that
17:36
Speaker 1: happen again by a very large brand and at the
17:39
Speaker 1: time is heartbreaking. Like I reached out to her, I
17:43
Speaker 1: was like, what can I do? And there's actually nothing
17:45
Speaker 1: I can do because I can't get involved in this.
17:47
Speaker 1: But it's one of those things where you know she
17:50
Speaker 1: puts her heart and her soul in this. Like I
17:52
Speaker 1: have been following Cat the label since she started it
17:56
Speaker 1: and watching it girl on social since she's gone from
17:58
Speaker 1: being at home to having a studio and now she's
18:01
Speaker 1: got her own warehouse, and like she's absolutely killing it,
18:04
Speaker 1: Like she is the ultimate girl boss, I promise you.
18:07
Speaker 1: But to see someone who has been killing it and
18:09
Speaker 1: been so successful and like, you know, just carving away
18:13
Speaker 1: for herself. To see someone with such or see a
18:16
Speaker 1: brand with such a big following essentially pulled the rug
18:19
Speaker 1: out from under them. Like the design was blatant. It
18:22
Speaker 1: was exactly the same lace. Like I can't imagine how
18:25
Speaker 1: mad they are, but it is just so wildly unfair.
18:28
Speaker 2: And I don't think there's much they can do.
18:29
Speaker 1: I don't think that there is either, But I also
18:32
Speaker 1: think it's you know, you wish these brands just had
18:34
Speaker 1: best practices and didn't steal other people's designs, but they're
18:37
Speaker 1: at the top of that.
18:38
Speaker 2: We're buying it.
18:39
Speaker 1: How terrifying is it that people can produce replicas so quickly, Like,
18:45
Speaker 1: to me, that's awful, but also something that you know,
18:48
Speaker 1: we need to have a chat about as a community,
18:50
Speaker 1: so that we're supporting those people in the community, and
18:53
Speaker 1: we know why their product is a little bit more
18:56
Speaker 1: expensive because it's got the right ethics and morals and
18:59
Speaker 1: values behind it, as opposed to a mass produced item
19:02
Speaker 1: that has been bulk shipped from China to be in
19:04
Speaker 1: stores for a week tops. Like it's heartbreaking. So I
19:08
Speaker 1: think it's really important to have this conversation.
19:10
Speaker 2: Yeah, just start that educational piece and really start understanding
19:14
Speaker 2: where our clothing is coming from and support local where
19:16
Speaker 2: you can.
19:17
Speaker 1: Yeah, absolutely, and sometimes you do have to spend a
19:20
Speaker 1: little bit more, but I do believe that you're paying
19:22
Speaker 1: for quality and you're paying to support small business, and like,
19:25
Speaker 1: you know, I think it's really important for us to
19:27
Speaker 1: also really highlight here that some people aren't in that position, right,
19:31
Speaker 1: Like some of us are going to be listening to
19:33
Speaker 1: this podcast and you're like, I can't afford to just
19:35
Speaker 1: go to Nagnata.
19:36
Speaker 2: Yeah, like that was my next question to you.
19:38
Speaker 1: Is, well, sorry for jumping ahead, excuse me.
19:41
Speaker 2: What do you do if you do want to be
19:43
Speaker 2: an ethical shopper but you actually can't afford to be, Like,
19:46
Speaker 2: you know, supporting local can be really expensive.
19:48
Speaker 1: Ah, one hundred percent, But I think it's all about
19:52
Speaker 1: more conscious purchases. Like I am sitting here in a
19:55
Speaker 1: pair of genes that I bought at Kmart, and I
19:57
Speaker 1: am so proud of these Kmart jeans. Honestly get on them.
20:01
Speaker 1: Like I think I bought them on sale as well,
20:03
Speaker 1: so they were fifteen dollars. But when I talk about that,
20:07
Speaker 1: I'm not just buying them because they are something that
20:09
Speaker 1: I'm gonna buy once and wear once. Like I genuinely
20:13
Speaker 1: needed a pair of white jeans because I think white
20:16
Speaker 1: jeans is a little love white jean. It's a vibe
20:18
Speaker 1: for me. I don't really own much else, but I
20:22
Speaker 1: needed a new pair of white jeans and started to
20:24
Speaker 1: do some research on, you know, what other people liked
20:27
Speaker 1: and what was going on, and I saw a couple
20:29
Speaker 1: of blogs online where people were raving about these Kmart jeans.
20:33
Speaker 1: I was like, all right, like I'll get on board this.
20:35
Speaker 1: Like usually I spend, let's be honest, one hundred and
20:37
Speaker 1: fifty dollars on a pair of jeans because I'm gotta
20:39
Speaker 1: leave us. It's like, that's pretty standard. Fifteen dollars. Georgia King,
20:44
Speaker 1: I was very happy with those, But I think it's
20:46
Speaker 1: more about making conscious choices and not just buying for
20:49
Speaker 1: the sake of buying, Like, there is no shame in
20:52
Speaker 1: buying your basics from Kmart. I love it. I do
20:55
Speaker 1: it all the time. But if I'm gonna go and
20:57
Speaker 1: buy something from Kmart, the same principles apply for when
21:02
Speaker 1: I'm purchasing there, or if I'm purchasing from a really
21:06
Speaker 1: expensive lux brand. Am I actually going to wear this item?
21:09
Speaker 1: How long will I wear this item for? Is it
21:11
Speaker 1: going to get the wear out of it? It would
21:14
Speaker 1: be nice if we could all step back and just
21:15
Speaker 1: say no, I'm only ever going to support local, But
21:18
Speaker 1: let's be honest. That is not ethical, it is not reasonable,
21:21
Speaker 1: and not something that a lot of us can do.
21:23
Speaker 1: But what we can do is be more conscious with
21:25
Speaker 1: how much we are adding to our wardrobes exactly. So
21:29
Speaker 1: regardless of what financial situation you're in, regardless of what
21:32
Speaker 1: your beliefs are, I think we can all step back
21:35
Speaker 1: and go, well, actually, do I need this item or
21:37
Speaker 1: am I going to get the wear out of them?
21:40
Speaker 2: Got ten of that in my wardrobe exactly?
21:42
Speaker 1: And something that I have Georgia, which is a little
21:45
Speaker 1: bit I know you're smirking because you've seen it on
21:47
Speaker 1: their phone before. I have an album on my phone,
21:50
Speaker 1: and that album has photos of myself which I would
21:54
Speaker 1: never want other people to see, of outfits that I
21:56
Speaker 1: really like. And so if I put a new outfit
21:59
Speaker 1: together that at home, like I pair a different jumper
22:02
Speaker 1: with a pair of jeans that I haven't worn before,
22:03
Speaker 1: I'll take a photo of it and I will save
22:05
Speaker 1: it to my outfit folder so that one I love it.
22:08
Speaker 1: Because sometimes when I don't know what I want to wear,
22:10
Speaker 1: I scroll through there, remember an outfit I've worn before,
22:13
Speaker 1: go find it in my wardrobe. But second, I actually
22:16
Speaker 1: use it when I'm out. So if I want a
22:18
Speaker 1: new pair of white jeans, I'll flick through and just
22:20
Speaker 1: see what's in my album. Victoria Divine, you own four
22:24
Speaker 1: pairs of white jeans, you don't need another pair of
22:26
Speaker 1: wa jas. I mean I did in this situation. But
22:29
Speaker 1: I can just check what's there. And I actually have
22:31
Speaker 1: a rule that says that if I don't have five
22:34
Speaker 1: pieces of clothing in my wardrobe that will go with
22:37
Speaker 1: whatever I'm purchasing, I can't have it. It's a little
22:40
Speaker 1: bit of a like hurdle that I put in place
22:42
Speaker 1: for myself. So that I end up in a position
22:44
Speaker 1: where if I'm going to add something to my wardrobe,
22:47
Speaker 1: I know I will be able to wear it brilliant.
22:50
Speaker 2: I think there's also a thing called capsule wardrobes. I
22:52
Speaker 2: think that's that's what they're called. So it's like you
22:54
Speaker 2: wear or you have basics or can you explain?
22:57
Speaker 1: I don't, So I do try to have a cap wardrobe,
23:00
Speaker 1: but I'm not nearly as minimalist as I would like
23:03
Speaker 1: to be. So capsule wardrobe is where, you know, there's
23:06
Speaker 1: lots of different blogs on this, and maybe we'll write
23:08
Speaker 1: an article on this, George, I would reckon get you
23:11
Speaker 1: to do some more research. But capsual wardrobes are where
23:15
Speaker 1: you have essentially a confined amount of clothes that all
23:19
Speaker 1: match together. So you don't have boundless amounts of tops.
23:23
Speaker 1: You just have five tops that you absolutely love wearing.
23:26
Speaker 1: So it really minimizes what's in your wardrobe but maximizes
23:30
Speaker 1: the wear of each item.
23:31
Speaker 2: So you're getting good value there, Yeah.
23:34
Speaker 1: Good value. But also, let's be honest, it makes picking
23:37
Speaker 1: your outfits easier because you have five tops that you
23:39
Speaker 1: absolutely love wearing, as opposed to having twenty tops that
23:43
Speaker 1: you feel okay in so I think it's actually about
23:46
Speaker 1: how you feel as much as it is about Okay, well,
23:49
Speaker 1: let's talk about how we can get more cost per
23:52
Speaker 1: wear out of each item that you have. But also
23:55
Speaker 1: with capsual wardrobes, I know that there are lots of
23:57
Speaker 1: different strategies associated with this, right, Okay, it's actually a
24:00
Speaker 1: thing if you want to look into it. Yeah, and
24:03
Speaker 1: there are people who say you should only have thirty
24:05
Speaker 1: items in your wardrobe. There are people who say fifty items.
24:07
Speaker 1: There are people who say have eighty and that includes everything.
24:11
Speaker 1: It's like belts, shoes, jeans, jackets, everything. I don't follow
24:17
Speaker 1: that because I just have never taken it that seriously.
24:21
Speaker 1: But my take on a capsule wardrobe is just really
24:24
Speaker 1: making sure I have minimal pieces, all of which I
24:27
Speaker 1: love wearing, and that match each other.
24:29
Speaker 2: I actually feel like maybe I have a capsual wardrobe
24:32
Speaker 2: and I just haven't realized.
24:33
Speaker 1: Well, you're always really delightfully dressed. That'd be much cooler
24:37
Speaker 1: than I.
24:38
Speaker 2: I just wear. It's a beij and black if I'm honest. Actually,
24:40
Speaker 2: I'm wearing orange jeans right now, which.
24:42
Speaker 1: They're pretty cool. They're pretty cool.
24:44
Speaker 2: Okay, So let's move this show along Victoria.
24:48
Speaker 1: We were kind of as, are so cool.
24:49
Speaker 2: Thank you. I want some solutions for sustainable shopping in Australia.
24:53
Speaker 1: What have you got? Okay, So we've been through a
24:55
Speaker 1: couple of them, and as I said, like it's a
24:58
Speaker 1: privileged thing to be able to do, but all can
25:00
Speaker 1: just be more aware of the decisions that we are making.
25:03
Speaker 1: I guess first things first is support local where possible.
25:06
Speaker 1: If you can buy local, Australian made brands Fantastic have
25:10
Speaker 1: a flip through their labels, a lot of Australian made brands,
25:13
Speaker 1: Like if you go into small boutiques, you'll find they're
25:16
Speaker 1: actually importing clothes. So just like creep on them a
25:18
Speaker 1: little bit, work out where they're coming from. The next
25:21
Speaker 1: is just buy less, like full stop, buy less, cross
25:24
Speaker 1: the board, consume less. Like there is a stat that
25:27
Speaker 1: I looked up earlier and it's said that the average
25:29
Speaker 1: Australian actually buy twenty seven kilograms of new clothing and
25:34
Speaker 1: textiles each year, which I thought was insane, and all
25:37
Speaker 1: of those like, as much as you're buying twenty seven
25:40
Speaker 1: kilos of new textiles and clothing, people are only wearing
25:43
Speaker 1: things an average of seven times, like that's not acceptable
25:47
Speaker 1: at all. So technically we're wearing things for a week
25:50
Speaker 1: and they're not using them ever again true, and then
25:52
Speaker 1: they are sent to landfill more often than not. So
25:55
Speaker 1: I think that that is kind of heartbreaking, given how
25:57
Speaker 1: disposable we seem to think fashion is. When you know,
26:01
Speaker 1: let's think about it. Historically, it was always seen as
26:03
Speaker 1: a cultural thing, like fashion was a way of expressing ourselves,
26:06
Speaker 1: expressing our culture. Like, I feel like we really need
26:09
Speaker 1: to go back to the roots of what fashion is about,
26:11
Speaker 1: and it's about just having pieces that we wear because
26:14
Speaker 1: they make us feel good, Like we shouldn't be buying
26:17
Speaker 1: just stuff for the sake of it. And I think
26:19
Speaker 1: there's something really empowering about being a wardrobe or outfit repeater,
26:24
Speaker 1: like I am, honestly, like I'd like to dub myself
26:26
Speaker 1: with the Queen of outfit repeating.
26:28
Speaker 2: I think I might rival you for that title, but yeah.
26:30
Speaker 1: Go, maybe we'll start a competition in the She's on
26:33
Speaker 1: the Money group who has worn an outfit the most times.
26:37
Speaker 1: But I know that I have this stripey dress that
26:40
Speaker 1: I have had since probably twenty eleven, genuinely, like I
26:43
Speaker 1: got it way back in my first university degree for
26:47
Speaker 1: a university ball, and I have probably worn it to
26:50
Speaker 1: upwards of ten events. I just love the dress, honestly.
26:54
Speaker 1: It's like really well fitted, it's got pockets poet might
26:58
Speaker 1: pocket dress. It's it's got really complimentary stripes on it.
27:02
Speaker 1: It's my two favorite colors Georgia, navy and white, so
27:05
Speaker 1: I feel like it was always going to be a winner.
27:07
Speaker 1: But I love wearing it, so it makes sense to
27:09
Speaker 1: me to actually pick that dress up when I have
27:12
Speaker 1: an event because I go, hey, I'd love to wear
27:15
Speaker 1: this dress again. It makes me feel really good when
27:17
Speaker 1: I wear it. So I think that we need to
27:19
Speaker 1: go back to that and just not worry so much
27:21
Speaker 1: about people having seen an outfit, like we buy an
27:24
Speaker 1: outfit because it was looking good on us in the
27:26
Speaker 1: first place.
27:27
Speaker 2: What other solutions have we got there?
27:29
Speaker 1: I would really love if you guys could do a
27:30
Speaker 1: little bit more research into your favorite brands, double check
27:33
Speaker 1: their practices match your values and your ethics. There's a
27:37
Speaker 1: really good online resource Georgia, which you actually told me
27:40
Speaker 1: about when I said I wanted to do this episode
27:42
Speaker 1: called the Ethical Fashion Guide, which I absolutely love, and
27:46
Speaker 1: it grades fashion brands based on their practices, so you
27:50
Speaker 1: can like type in whoever you want to look up
27:52
Speaker 1: and it'll pop up with a grading that is measured
27:54
Speaker 1: via the efforts undertaken by the company. I'm going to
27:57
Speaker 1: read this verbatim verbatim because I can't really, you know,
28:01
Speaker 1: paraphrase this properly, but it says to mitigate the risks
28:04
Speaker 1: of forced labor, child labor, and worker exploitation in their
28:08
Speaker 1: supply chains, as well as protect the environment from the
28:11
Speaker 1: harmful impacts of the fashion industry. Higher grades are given
28:14
Speaker 1: to companies with ethical sourcing systems that, if implemented well,
28:18
Speaker 1: should reduce the extent of worker exploitation and environmental harm.
28:22
Speaker 1: Do you please praise me for getting through?
28:23
Speaker 2: Yeah, well done, thank you.
28:25
Speaker 1: But that to me is really awesome for us to
28:27
Speaker 1: just be more educated as consumers, Like where does our
28:29
Speaker 1: stuff actually come from? Like the impact of cotton in
28:33
Speaker 1: the entire world is insane. Like, you know, you had
28:35
Speaker 1: some really great stats before about how much goes to
28:38
Speaker 1: landfill and the fact that every ten minutes so much
28:40
Speaker 1: is thrown out.
28:41
Speaker 2: What was my I have a start. Sorry, on the
28:43
Speaker 2: cotton train. It takes two seven hundred liters of water,
28:47
Speaker 2: which is the equivalent of three years worth for a
28:50
Speaker 2: person to drink to create a cotton tation. Oh my god,
28:53
Speaker 2: how weird is that?
28:55
Speaker 1: It feels so wasteful? Like I don't agree with that
28:58
Speaker 1: at all, but like that just kind of is what
29:00
Speaker 1: it is. But the way that we can impact that
29:03
Speaker 1: is actually by purposing our dollar. Like Georgia, I've said
29:06
Speaker 1: this before on the podcast, but like our money has
29:08
Speaker 1: power and we can channel our power. And I maybe
29:12
Speaker 1: it's a little bit hippie of me, but I see
29:14
Speaker 1: money as energy and we get to choose where that
29:16
Speaker 1: energy flows. So like, if we get to choose where
29:19
Speaker 1: our money is going, we are choosing to invest in
29:21
Speaker 1: something like that. Yeah, and now I'm not saying that
29:24
Speaker 1: you know that means we all can't buy from kmout
29:27
Speaker 1: or don't buy from Target, or don't buy from places
29:29
Speaker 1: that have mass production, but like, do you actually need
29:32
Speaker 1: to buy five singlets because they're so cheap or do
29:34
Speaker 1: you just need one that you'll look after? So I
29:37
Speaker 1: think that we can just be more conscious with our
29:39
Speaker 1: spending and maybe jump up and down less at sales
29:43
Speaker 1: because we're looking for a bargain.
29:45
Speaker 2: Well, it's like a marketing tool, isn't it.
29:46
Speaker 1: Yeah, I mean, and they've put a lot of money
29:48
Speaker 1: into that, right, Like there is literally a science which
29:51
Speaker 1: is the science of consumerism, and people are paid millions
29:54
Speaker 1: of dollars a year to make us buy more. So
29:57
Speaker 1: I think we need to be aware that that exists.
30:00
Speaker 1: Marketing is a legitimate study, Like people have degrees in
30:03
Speaker 1: this purely so that they can sell more stuff to
30:07
Speaker 1: more people. So I think we need to be kind
30:09
Speaker 1: of aware of what's going on so that we can
30:11
Speaker 1: just make more conscious decisions.
30:13
Speaker 2: Another good one is, of course, shopping in op shops.
30:16
Speaker 1: I do love a good op shop Georgia, albeit it
30:20
Speaker 1: I'm going to go against the grain for a second
30:22
Speaker 1: and say that, like, op shops are really fun, and
30:24
Speaker 1: our friend Emma over at The Broke Generation does an
30:28
Speaker 1: incredible job of op shopping. In fact, if you check
30:30
Speaker 1: out her story highlights, you'll see that she has like
30:34
Speaker 1: entire series rating different op shops and like her ventures cool.
30:38
Speaker 1: But I just don't have the time to trawl through
30:41
Speaker 1: op shops.
30:41
Speaker 2: It's very time consuming.
30:43
Speaker 1: I just don't know. But I am a massive fan
30:45
Speaker 1: and a big, big, big advocate of buying secondhand, so
30:49
Speaker 1: you'll find me online. I buy things on eBay. I
30:51
Speaker 1: buy things on Facebook Marketplace. I'm in a Facebook group
30:54
Speaker 1: called high End where I can purchase a little bit
30:57
Speaker 1: more bougie items that are one discounted, but two secondhand.
31:02
Speaker 1: So I think that, you know, it's a really great
31:04
Speaker 1: thing to do if you've got time for op shops, literally,
31:06
Speaker 1: please tag us and show us what you are purchasing,
31:09
Speaker 1: because I love it. I just personally do not have
31:11
Speaker 1: the time. So my way of I guess, op shopping
31:14
Speaker 1: or shopping secondhand is being able to look up specific
31:17
Speaker 1: items online. So for me, that works really well. Georgia,
31:21
Speaker 1: I know you're pretty good at knop shop though.
31:23
Speaker 2: I love a op shop. Yeah, I've got a lot
31:25
Speaker 2: of time right now as well, let's be honest.
31:28
Speaker 1: I love that though.
31:30
Speaker 2: Yeah, you always find some witness I love that though.
31:32
Speaker 1: If you got any suggestions you'd like to add to
31:34
Speaker 1: the mix while we're having this discussion.
31:36
Speaker 2: Yes, Another one that comes to mind for me is
31:38
Speaker 2: clothes swapping. Oh yeah, so like getting together with your
31:41
Speaker 2: girlfriends or your boyfriends or whatever, friends or bringing clothes
31:45
Speaker 2: that you no longer want and just having a little swap.
31:47
Speaker 2: I love that.
31:47
Speaker 1: Yeah, my friend's clothes are much cooler than so I
31:50
Speaker 1: would really like to shop their wardrobes. Yeah, I'll give
31:53
Speaker 1: you my clothes that are in the corner of my study.
31:56
Speaker 1: You can do a trade.
31:56
Speaker 2: Yeah, but we could do a little close stopping.
31:58
Speaker 1: We are totally not on the same page fashion. You
32:01
Speaker 1: are way cooler than me.
32:03
Speaker 2: Really, Yeah, it's my style.
32:05
Speaker 1: Your style is cool minus pencil skirts and corporate out
32:08
Speaker 1: your business man. Oh, thank you? Do you know what?
32:11
Speaker 1: I'll take this? Thank you for the compliments. Let's end
32:13
Speaker 1: it there before we realize that I just buy stuff
32:16
Speaker 1: because it makes me look corporate.
32:18
Speaker 2: Quickly to wrap it up. Markets are another great way
32:21
Speaker 2: to shop sustainably, waiting before making a purchase.
32:24
Speaker 1: Okay, Yeah, we talked about that last season.
32:27
Speaker 2: Yeah.
32:27
Speaker 1: I think that everybody should be putting twenty four hours
32:31
Speaker 1: between them and their spending.
32:32
Speaker 4: Ye.
32:32
Speaker 1: What's the psychology pine? Because we want instant gratification, Like
32:36
Speaker 1: we are absolute slaves to instant gratification. Like there are
32:40
Speaker 1: so many studies on this, and I think it's actually
32:42
Speaker 1: really interesting, Like we suck as a human race delayed gratification,
32:48
Speaker 1: and that is the ability to discipline ourselves to delay
32:51
Speaker 1: gratification in the short term in order to enjoy bigger
32:54
Speaker 1: and better rewards in the longer term. And it's actually
32:58
Speaker 1: just like the indispensable bree cause it for success. So
33:01
Speaker 1: I think it's really important that we do not make
33:04
Speaker 1: split second decisions. We actually go all right, well, if
33:07
Speaker 1: I really need it, I'm gonna be happy to purchase
33:09
Speaker 1: it tomorrow. And I think that it's really important to
33:12
Speaker 1: put twenty four hours between you and you're spending because
33:16
Speaker 1: sometimes even though we think we are rational humans, we aren't.
33:20
Speaker 1: And I do this to myself all the time, like
33:22
Speaker 1: I will give myself every reason why I need to
33:25
Speaker 1: purchase that new pair of shoes. Yeah, oh, it'll go
33:27
Speaker 1: with all my outfits, it'll do this, it'll do that,
33:30
Speaker 1: like I'll feel really good, and then twenty four hours later,
33:33
Speaker 1: I'm like, look, they're beautiful shoes. Do I need them not?
33:36
Speaker 4: Ye?
33:36
Speaker 1: So I think it's more about just put twenty four
33:38
Speaker 1: hours between you and you're spending. And we spoke about
33:41
Speaker 1: this on the after Pay episode in season one. If
33:44
Speaker 1: you guys haven't listened to it, definitely go back and
33:46
Speaker 1: have a listen to that because it was a really
33:48
Speaker 1: great episode just on you know, how we actually spend
33:52
Speaker 1: our money, especially on things like buy Now pay latest
33:55
Speaker 1: schemes like they allow us to purchase things in the
33:57
Speaker 1: here and now without actually feeling the pain of sacrificing
34:01
Speaker 1: our money. So I think it's really important to just,
34:04
Speaker 1: you know, put some time between our spending and ourselves.
34:07
Speaker 1: And I know that that can be hard, but the
34:09
Speaker 1: longer the better. If you can put a day, a week,
34:11
Speaker 1: a month, even a year between buying something that is
34:14
Speaker 1: really important, you are going to make better financial decisions
34:17
Speaker 1: for yourself in the long run.
34:19
Speaker 2: Yeah. And then when it comes around it has been
34:20
Speaker 2: a month and you've waited and you still really want it, then.
34:22
Speaker 1: Like trill, you deserve that.
34:24
Speaker 2: Yeah, yeah, love that. Okay, So now it is time
34:27
Speaker 2: for the community to have their say. I'm sure you
34:29
Speaker 2: guys have heaps of ethical brands that have come to
34:32
Speaker 2: mind ways that you save when it comes to shopping sustainably.
34:35
Speaker 2: So we're going to start a thread and we would
34:37
Speaker 2: love you to share any ideas, tips or tricks that
34:39
Speaker 2: you have.
34:40
Speaker 1: Yes, I love that. I can't wait to read.
34:46
Speaker 2: Hi. There, it's been a while. You've reached the Shoes
34:49
Speaker 2: on the Money mailbox. Do you have a money problem
34:51
Speaker 2: you want help solving? To have a money dilemma you
34:53
Speaker 2: just want to chat about. Victoria is here to help.
34:56
Speaker 2: Every week, we'll be playing your questions to help make
34:59
Speaker 2: sense of a money mess you may have found yourself in.
35:01
Speaker 2: Make a quick recording on your phone and send it
35:03
Speaker 2: through to podcast at shoesodthmoney dot com dot U, and
35:06
Speaker 2: you might even find yourself on the show. But for now,
35:09
Speaker 2: here's today's listener question.
35:11
Speaker 4: Hey guys, a bit of a money confession in question here.
35:14
Speaker 4: I think I'm addicted to shopping. It feels like the
35:17
Speaker 4: pleasure I get from having a new bag, or a
35:19
Speaker 4: new pair of shoes, or whatever it may be, is
35:21
Speaker 4: one of the main things keeping me entertained at the moment.
35:24
Speaker 4: I also just tend to shop online whenever I am bored,
35:27
Speaker 4: and it's really impacting my savings, which until now I
35:30
Speaker 4: have been working so hard to create. So I'm just
35:34
Speaker 4: wondering if you have any tips on how I can
35:36
Speaker 4: break this addiction once and for all. Thanks so much, guys.
35:39
Speaker 2: What tips and tricks have you got? Victoria?
35:41
Speaker 1: Oh my gosh, this is such a hard one, especially
35:43
Speaker 1: at this period of time. I think that all of
35:46
Speaker 1: us are a little bit guilty of shopping online.
35:49
Speaker 2: Yes, there's not been a lot else to do.
35:51
Speaker 1: Yeah, look, no there hasn't. But I think that I'm
35:54
Speaker 1: just going to jump right into this one and be
35:56
Speaker 1: a little bit brutal. Often when we have a shop addiction,
36:00
Speaker 1: we are covering up something else that we feel is
36:04
Speaker 1: lacking from our lives. So I think it's important to
36:07
Speaker 1: sit down and actually have a look at our lives
36:10
Speaker 1: as a holistic picture. Goble, what's going on? What are
36:13
Speaker 1: my goals?
36:13
Speaker 2: Like?
36:14
Speaker 1: It is so easy to shop when you don't have
36:16
Speaker 1: bigger goals in.
36:17
Speaker 2: Play, because it's that gratification that we do.
36:19
Speaker 1: Exactly, You're just going for instant gratification. Shopping, let's be honest,
36:23
Speaker 1: makes us feel really good. Who doesn't love a new
36:25
Speaker 1: pair of shoes or a new bikini or you know,
36:28
Speaker 1: whatever we are purchasing. So I think it's really important
36:31
Speaker 1: to just maybe have a think about why we are
36:34
Speaker 1: shopping and what that actually is a repercussion of I
36:38
Speaker 1: know a lot of people because I have been having
36:41
Speaker 1: these conversations very recently us spending a lot online shopping.
36:46
Speaker 1: You'll see the stats for retail haven't dipped. Like retail
36:50
Speaker 1: is absolutely booming at the moment because we're all at
36:53
Speaker 1: home shopping online. But a lot of us are doing
36:56
Speaker 1: that because it makes us feel good and it makes
36:58
Speaker 1: us feel in control at a time when we don't
37:00
Speaker 1: really feel like we're in control at all. So I
37:02
Speaker 1: think it's worthy of having a look at why we
37:04
Speaker 1: are doing that and potentially finding a habit or finding
37:07
Speaker 1: a hobby that you can replace that activity with. Because
37:11
Speaker 1: often if we are shopping online as well, what is it?
37:14
Speaker 1: It's a time wasting activity. Yeah, like we jump on
37:16
Speaker 1: a sauce like I'm good at it. I've got the
37:18
Speaker 1: Netaporte app on my phone and I just like forever
37:21
Speaker 1: scroll like I never buy it's too expensive, But I
37:24
Speaker 1: spent so long looking at their shoes and filtering by
37:28
Speaker 1: like size, and just you know, wasting a little bit
37:30
Speaker 1: of time doing something that isn't that constructive on that
37:33
Speaker 1: v I reckon.
37:34
Speaker 2: A good tip as well would just be to delete
37:36
Speaker 2: those apps. Get rid of asouce, get rid of Netaporte.
37:39
Speaker 2: As you say, I thought it was netaporter, So a
37:41
Speaker 2: little bit of a bogan over here, but keet rid
37:43
Speaker 2: of those.
37:44
Speaker 1: We both grew up on the PINSUA.
37:46
Speaker 2: Also another app to delete is Instagram from your phone.
37:49
Speaker 2: I miss for a little period during the last three
37:52
Speaker 2: months just because I was getting sick of it, and
37:54
Speaker 2: I found that I just wanted stuff less because influencers
37:57
Speaker 2: weren't selling me stuff. I just wasn't tempted by all
37:59
Speaker 2: the big There's so much targeted advertising that you don't
38:02
Speaker 2: even really understand is happening to you. So just getting
38:05
Speaker 2: rid of that, I think is.
38:06
Speaker 1: A huge plus one has detox. Yeah, exactly, Actually pick
38:10
Speaker 1: up your phone and remove those apps and just remove
38:13
Speaker 1: them for a week.
38:14
Speaker 3: Yep.
38:14
Speaker 1: Like, honestly disconnecting ourselves from socials is sometimes really good. Yeah,
38:18
Speaker 1: And I know I probably, let's be honest, yourge I
38:20
Speaker 1: probably shouldn't be say delete Instagram what at the same
38:23
Speaker 1: time as I'm going to say, yeah, just keep cheese
38:25
Speaker 1: on the money, Honestly, Sometimes regardless of the fact that
38:29
Speaker 1: you know you're going to miss out on some stuff,
38:30
Speaker 1: Like we all need to be really comfortable with missing
38:33
Speaker 1: out on things because it is actually a really good learning,
38:36
Speaker 1: Like we can't have everything all at once. And I
38:39
Speaker 1: think that sometimes social media is a really overwhelming place
38:43
Speaker 1: to be and I've done that a number of times
38:46
Speaker 1: as well. Like obviously it's a little bit different for
38:48
Speaker 1: us because we've got a business that we need to
38:50
Speaker 1: check in and make sure our community is comfortable and
38:52
Speaker 1: happy and safe. But I have removed my personal profile
38:55
Speaker 1: and number of times through my phone because I just
38:58
Speaker 1: don't want to spend my time I'm scrolling through stuff
39:01
Speaker 1: that makes me feel bad about myself. Another feature I
39:04
Speaker 1: love on Instagram while we're on that conversation, Georgia, is
39:06
Speaker 1: the mute feature, Okay, And you can actually mute brands
39:10
Speaker 1: without unfollowing them so that their posts don't come up
39:14
Speaker 1: on your feed, and you can actually hide them so
39:17
Speaker 1: that they're not in your face all the time, but
39:18
Speaker 1: you don't have to unfollow them because maybe one time
39:21
Speaker 1: you want to go, like look in what you're following
39:23
Speaker 1: to find something that you wanted ages ago. So I
39:25
Speaker 1: think it's really important to just be really sensible about
39:27
Speaker 1: our social media usage because sometimes they're impacting our mental
39:31
Speaker 1: health in a way that we hadn't actually thought about
39:33
Speaker 1: it than we and way more than we thought it was.
39:36
Speaker 1: So let's jump back into wrapping this question up. I
39:40
Speaker 1: think a shopping addiction at the end of the day
39:42
Speaker 1: is a marker of a bigger issue at play, and
39:45
Speaker 1: we need to be kind to ourselves, but also do
39:47
Speaker 1: a little bit of reflecting and work out maybe why
39:50
Speaker 1: we are feeling the need to do this, and have
39:53
Speaker 1: a look for some hobbies also activities that you can
39:55
Speaker 1: do that will replace that activity. Break with that, so
39:58
Speaker 1: just break the habit. Think it's really important to be
40:01
Speaker 1: in a position where we are actually back in control.
40:03
Speaker 1: So sit down, write down your goals, write down your values,
40:06
Speaker 1: have a think about what you're trying to achieve. Because
40:09
Speaker 1: often if we're working towards a bigger financial goal, it's
40:12
Speaker 1: easier to sacrifice those short term goals, or those shopping addictions,
40:17
Speaker 1: or those small purchases because you know how much it
40:20
Speaker 1: could add up in a long term.
40:21
Speaker 2: Yeah, when I understand, all right, I got this girl. Okay,
40:28
Speaker 2: now for the fun stuff. What good would a money
40:30
Speaker 2: podcast be without the perby bits. It's time for money, Darry.
40:33
Speaker 3: I'm calling myself final financial hurdle because I turn my
40:36
Speaker 3: finances around, but there's one final thing I need help with.
40:40
Speaker 3: Two years ago, my relationship with money was not good.
40:43
Speaker 3: I was thinking about it a lot, stressed about it
40:45
Speaker 3: a lot. It actually made me pretty emotional if people
40:48
Speaker 3: ask me about it. So I kind of knew I
40:51
Speaker 3: needed to put a plan in place and yeah, get
40:54
Speaker 3: on top of it, because I didn't want it to
40:55
Speaker 3: distract me from the important stuff.
40:57
Speaker 1: I think the biggest.
40:58
Speaker 3: Problem was I wasn't aware of my money, if that
41:02
Speaker 3: makes sense. I'm thinking about the bills and the stress,
41:05
Speaker 3: but I wasn't like, cool, let's look at what I've
41:07
Speaker 3: got coming in, what I'm earning, what I'm paying bills for,
41:11
Speaker 3: and then kind of working out what, if any, I
41:13
Speaker 3: can put away. I guess the turning point was I
41:16
Speaker 3: split up with my ex partner. Some arguments we had
41:20
Speaker 3: had had been about money, and I guess I really
41:23
Speaker 3: just wanted to know that I could feel like financially independent,
41:27
Speaker 3: not rely on somebody else, you know, whether I was
41:29
Speaker 3: in a relationship or not. Wanted to have that for
41:31
Speaker 3: myself and myself only. Yeah, and I also didn't want to,
41:35
Speaker 3: I guess, complicate any future relationships I have with people
41:39
Speaker 3: with money, Like, if I can do that myself and
41:41
Speaker 3: that doesn't have to factor into a relationship, that's that
41:44
Speaker 3: would be great. I earned fifty thousand dollars a year
41:47
Speaker 3: doing an office job when I broke up with my
41:50
Speaker 3: partner two years ago. I had about two hundred dollars
41:53
Speaker 3: in savings, but now I'm on track to have saved
41:56
Speaker 3: twenty thousand by the end of the year. I'd say,
41:59
Speaker 3: like the best habit that I've gotten into is just
42:02
Speaker 3: doing a budget, like just not making it complicated, but
42:06
Speaker 3: just being aware of what I've got coming up that
42:09
Speaker 3: I need to pay for what I've got coming in.
42:12
Speaker 3: You know, if there's extra pay coming in, what I
42:14
Speaker 3: can do with that money to make the most of it.
42:16
Speaker 3: So the reason I'm on the podcast is I need
42:18
Speaker 3: help for Victoria. I'm doing a lot better than I
42:20
Speaker 3: was a couple of years ago, got my finances on track.
42:24
Speaker 3: There's just one thing that I haven't quite got under control.
42:28
Speaker 3: I haven't actually done a tax return in about five years.
42:31
Speaker 3: To be honest, I don't know why I haven't done
42:33
Speaker 3: it in five years, not on purpose and not thinking
42:35
Speaker 3: that I would go five.
42:36
Speaker 2: Years without doing it.
42:37
Speaker 3: Probably a combination of I found it too overwhelming and complicated,
42:42
Speaker 3: especially because as part of my employment I have some shares,
42:45
Speaker 3: and also previously I'd had money to pay back from
42:49
Speaker 3: previous tax returns. So probably the combination of the two
42:52
Speaker 3: kind of overwhelmed me a bit and one year turned
42:54
Speaker 3: into two years turned into three year. In my mind,
42:58
Speaker 3: the best case scenario is money back from the tax office,
43:02
Speaker 3: which is great. Worst case scenario, I'm on the run
43:06
Speaker 3: from the law because I haven't paid enough tax and
43:10
Speaker 3: I don't really need that right now. Two years ago,
43:14
Speaker 3: i'd probably give myself an F and now i'd probably
43:18
Speaker 3: give myself a B plus maybe an A plus. When
43:22
Speaker 3: my taxes are done, I'm final financial hurdle and I
43:25
Speaker 3: need Victoria to help me stay out of jail.
43:27
Speaker 1: What do you think about that one, Victoria, I thought
43:30
Speaker 1: that was a really interesting one. Actually, a lot of
43:32
Speaker 1: elements to it, Yes, But I also thought it was
43:35
Speaker 1: really interesting because she's so concerned about not having done
43:39
Speaker 1: her tax.
43:39
Speaker 2: What's the goal with that? Is she going to go
43:41
Speaker 2: to jail?
43:41
Speaker 1: Straight out? No, she's not going to go to jail,
43:44
Speaker 1: thank god. But I think it's really important to do
43:46
Speaker 1: your tax every year. But if you are in the
43:49
Speaker 1: same position, and I have met a number of you
43:51
Speaker 1: from our community who haven't done your tax in a
43:54
Speaker 1: few years, just get on top of it. It is
43:56
Speaker 1: not the worst thing. At the end of the day.
43:59
Speaker 1: The ads like they know that you haven't launched it
44:02
Speaker 1: they absolutely can come forward and ask you to do it.
44:05
Speaker 1: But if you haven't done it, get in contact with
44:07
Speaker 1: your accountant or find a really good one who can
44:09
Speaker 1: help you out and they can wrap it up for you.
44:11
Speaker 1: I promise you it will not be as scary as
44:14
Speaker 1: what you think it is.
44:15
Speaker 2: Just get it over.
44:16
Speaker 1: Just get it over and done with accountants to actual
44:18
Speaker 1: legends who will be able to clean that up for
44:20
Speaker 1: you and let you know exactly what the deal is.
44:23
Speaker 1: And if you're a salary and wage earning employee, like,
44:26
Speaker 1: it's very likely that you're not going to owe massive
44:29
Speaker 1: amounts of money to the ATO unless you're you know,
44:32
Speaker 1: a sole trader who's been, you know, generating heaps of
44:35
Speaker 1: taxable income and you haven't paid tax on it. So
44:38
Speaker 1: I think it's really important to kind of just get
44:40
Speaker 1: it done, swallow the pill, like, make the call, because
44:43
Speaker 1: at the end of the day, you could hear that
44:46
Speaker 1: she was quite stressed about that, and it's not something
44:48
Speaker 1: that you should be stressed about. And sleeping well at
44:51
Speaker 1: night is really important. Yes, So I think that you
44:54
Speaker 1: can help yourself sleep really well at night just by
44:56
Speaker 1: calling your accountant if you're in that position. Yeah, like
44:59
Speaker 1: one wants to be in a position where we start
45:02
Speaker 1: talking about tax or money and you get that like
45:05
Speaker 1: lump in the back of your throat. But in saying that, yes,
45:09
Speaker 1: she needs to get her skates on and go and
45:12
Speaker 1: talk to an accountant and get those tax returns wrapped up.
45:15
Speaker 1: But can we can we also celebrate the fact that
45:19
Speaker 1: she has, you know, nearly twenty thousand dollars in savings
45:23
Speaker 1: and she had one hundred dollars to her name a
45:25
Speaker 1: couple of weeks. Yeah, weeks ago. I wish imagine if
45:28
Speaker 1: she could save twenty thousand dollars in a couple of weeks,
45:30
Speaker 1: that's victoria. But she had one hundred dollars to her
45:33
Speaker 1: name when she came out of her relationship, and now
45:36
Speaker 1: she has nearly twenty thousand dollars in the bank. That
45:39
Speaker 1: is absolutely worthy interpretation, men, woman. But also look how
45:43
Speaker 1: much power she has. Exactly imagine if she can keep
45:45
Speaker 1: those habits up for life. My god, she's gonna be
45:47
Speaker 1: filthy rich. She's going to be wealthy Georgia and have
45:51
Speaker 1: financial freedom. Georgia. I say, in a really condescending tone
45:56
Speaker 1: that is absolutely not warranted.
45:57
Speaker 2: I'll take it.
45:58
Speaker 1: Yeah, thank you, did.
45:59
Speaker 2: You what did you think of her grade?
46:01
Speaker 1: I thought it was interesting. I think that she's absolutely
46:05
Speaker 1: worthy of, you know, in a plus. But I also
46:08
Speaker 1: never want to argue with people's grades of themselves, because
46:11
Speaker 1: I genuinely think that people grade themselves less than a
46:14
Speaker 1: plus when they genuinely know they've got room to grow.
46:17
Speaker 1: And I think that it's really beautiful to know that
46:20
Speaker 1: she's got, you know, things that she still wants to
46:22
Speaker 1: achieve that in her eyes, you know, will make her
46:25
Speaker 1: more financially Ditriit will make her more financially stable and secure,
46:29
Speaker 1: and I think that that's a really good thing. As
46:31
Speaker 1: you know, I'm never going to argue with someone's grade
46:33
Speaker 1: unless they're grossly underestimating themselves. But I think that she's
46:37
Speaker 1: on the right track. She's doing the right thing. Like,
46:40
Speaker 1: she's definitely on the money. That whoa, I did not.
46:42
Speaker 2: Mean to say, did you not mean?
46:45
Speaker 1: Did not mean to say that? That's slightly embarrassing, But
46:48
Speaker 1: I genuinely think she's on the right track, and I
46:50
Speaker 1: think that she's doing amazing.
46:52
Speaker 2: So she's on the money, and she does want to
46:54
Speaker 2: do a taxation.
46:55
Speaker 1: Yeah, let's make sure that never happens again.
47:00
Speaker 2: All we have time for today sadly, but before we
47:03
Speaker 2: head off, let's quickly wrap the boring but important stuff.
47:06
Speaker 2: The advice shared on Shees on the Money is general
47:08
Speaker 2: in nature and does not consider your individual circumstances. She's
47:12
Speaker 2: on the Money exists purely for educational purposes and should
47:15
Speaker 2: not be relied upon to make an investment or financial
47:17
Speaker 2: decision and stress less, we promise. Victoria Devine is an
47:21
Speaker 2: authorized representative of Australia Pacific Funds Management Proprietary Limited ABN
47:26
Speaker 2: three four one three two four six three two five
47:29
Speaker 2: seven AFSL three three nine one five one. And of
47:33
Speaker 2: course thank you to Ryan John for whipping today's chat
47:35
Speaker 2: into the podcast that you guys love.
47:37
Speaker 1: We would also before I just like we would love Georgia.
47:40
Speaker 1: You whipped out that ADN and a FORSL so smooth
47:43
Speaker 1: started a little bit. Yeah look you back contract.
47:46
Speaker 2: It's the first one.
47:47
Speaker 1: Back, yeah, first one back. Congratulations All right, guys, we
47:50
Speaker 1: would love it if you joined our Facebook group where
47:53
Speaker 1: our community shares money, tips and tricks every single day
47:56
Speaker 1: free of judgment. Georgia, there are more than eighty thousand
48:00
Speaker 1: people in that she is ridiculous, even I am.
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48:17
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48:19
Speaker 1: We will see you next week.