May 6, 2025 • 42 mins
Ever promised yourself this would be the month you finally stick to a budget… and then ordered Uber Eats twice before Wednesday? Well, this episode is your permission slip to stop blaming willpower and start building smarter systems. Because the truth is: good money habits aren’t about discipline, they’re about design. We’re unpacking the psychology of habits, why your brain loves to self-sabotage (blame the caveman settings), and how to make budgeting feel less like punishment and more like autopilot. Plus, the tiny tweaks you can make today that’ll actually stick.
In This Episode:
✨Why motivation isn’t the magic solution we think it is
✨How to spot your habit triggers — and use them to your advantage
✨What “habit stacking” is and how to make it work for your money
✨Building systems that save you from yourself (and your phone)
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Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hello, my name is Satasha Nabananga Bamblet. I'm a proud
or the Order Kerni Whaltbury and a waddery woman. And
before we get started on She's on the Money podcast,
I would like to acknowledge the traditional custodians of the
land of which this podcast is recorded on a wondery country,
acknowledging the elders, the ancestors and the next generation coming
(00:22):
through as this podcast is about connecting, empowering, knowledge sharing
and the storytelling of you to make a difference for
today and lasting impact for tomorrow.
Speaker 2 (00:33):
Let's get into it.
Speaker 3 (00:34):
She's on the Money, She's on the Money.
Speaker 2 (00:57):
Hello, and welcome to She's on the Money the podcast.
Speaker 4 (00:59):
I believes rich girl energy isn't about discipline, It's about systems.
Speaker 2 (01:03):
If you've ever thought, I know, isn't that nute girl energy? Yeah? Okay, okay,
I like it going all right.
Speaker 4 (01:09):
If you've ever thought, why can't I just stick to
a budget? Or why do I keep making the same
mistakes over and over? That's literally me spoiler alert. It's
not because you're bad with money, It's because money habits
aren't about discipline, they're about systems. VD I'm excited and
joining me is the woman who turns financial stress into
financial confidence, the queen of realistic money advice. Nice of you, Well,
(01:34):
I was in a good mood today, Oh thank you.
Speaker 2 (01:36):
I think it's so interesting because everybody looks at me
and thinks that maybe I am so good at money
and discipline. Yeah, and like I'm not. I'm just good
at creating systems that work and still giving myself enough
breathing room to feel like I'm not confined by a budget.
But like, if we don't have the right system set up,
(01:56):
we can't be successful. So I think from my perspective,
and you know, knowing that I am a magpie, you
could say I needed a system that took away essentially
a lot of the control that said, this is the
money you can play with, this is the money that
you cannot play with. Go forth and prosper right, Okay, Okay.
(02:18):
See the problem is that I do do this and
I spend it anyway. That's human nature, right, Like, You're
not the problem. You are not the problem, and none
of us are the problem. The problem is not having
a system that works for you. Because I can almost
guarantee if I set you up and you had a
system and gave you enough cash back that you could
still go to the pub with your mates, have a
(02:39):
few soda waters. You could still you know, live life
to the fullest. But in the background, all your bills
were being paid and your savings were banking up slowly,
you'd feel really confident. Yeah. Yeah, and often once we
have that financial security in the background, but you're not
as impulsive because you're not looking for instant gratification, because
you're gratified. Yeah, like you know when you're just like, oh,
(03:02):
I'm all good, I don't need anything. Like that's where
we're getting to. Whereas I think a lot of us
use instant gratification, especially around spending, as a coping mechanism
to feel like we're in control of our money. And like,
obviously I'm a bit of a stat scale and forty
four percent of your daily behaviors are actually automatic, so
they just happen without you even thinking. But if you're
(03:24):
stuck in like a bad loop, like maybe you're like
me and you get a little bit scroll happy, or
you're good at overspending, or you're really good at getting
uber eats when maybe you should just be cooking the
pasta that you have at home. It's actually not about
personal failure. It doesn't mean that you are bad at money.
It's actually just a really well rehearsed system. And as
(03:46):
a human being, do you know what we like? We
like predictability, we like comfort, we like stability. I was
literally having this conversation at work yesterday because I have
just changed beck side note a whole heap of systems
in Zell the Money, and one of my team goes, oh,
but I really liked the old document. I'm thinking the
(04:06):
old document's ugly. The new document is slay, like what's
going on here? And I'm like trying to dive into it.
I'm like, you know what about the old document? Did
you like that the new document doesn't have? Because I
can always guarantee you like like for like that the
new one's better. She's like, Oh, it just feels really comfortable,
Like I know it, I know how to talk through
it with clients. This new one I haven't really had
(04:28):
any experience talking through with clients and you just go
so you're comfortable. I totally guess that. But if we
can make you comfortable with this new system and this
new way of talking, it's going to be better. Yeah,
but not changing is not actually a positive thing. Like
it's so good to grow and change, but it doesn't
mean that you're bad at things. It just means there's
a new, updated system that's working better. Yeah, I know that.
(04:51):
When our phone sends that reminder, Oh, do you want
to update the system tonight, we all say, oh no,
I can't be bothered with a new operating system. But
then when you got it, you take new friends being like,
did you see those new emojis? Yes, oh, yeah, the
new emojis exactly, yes, I did, and I want those,
But like, I just don't want change right now. Yes, God,
it's uncomfortable.
Speaker 4 (05:11):
You know, an ideal world, change would happen and we
would just immediately adapt to that, having to do any
work that would be ideal.
Speaker 2 (05:18):
But basically our brains are still wired as though we're
cavemen back.
Speaker 4 (05:22):
That's true, but also adapting is inevitable and that is
a beautiful thing.
Speaker 2 (05:26):
But I do want an OVD. How do we actually
break those habits and start building better ones. It's hard
because we have to be a little bit real with ourselves.
I don't want to be real, no, because it's not fun, right,
like we have to identify the habits that aren't serving us,
and that doesn't feel good. Like if I sit you
down and be like, okay, cool, like you said you
want to change, what about you do you want to change,
You're going to be like, oh, nothing, nothing, I'm perfect
(05:48):
in it and actually okay, But it's confronting right when
you go, oh, actually, I do spend too much here,
or I'm not prioritizing my savings or I'm not because
we have to change our system. So I think we
have to get really real about it. And ultimately, you're
not making bad choices on purpose. You're literally just repeating
(06:08):
what your brain sees as really easy and really familiar.
Like if you are comfortable doing that, and like the
outcome wasn't that bad last time, why not just do
it again? Yeah? Why not? It's comfy. Why would I change? Like, yes,
I know that, you know, for example, using after pay
isn't good, and you know it does take money out
(06:29):
of my account moving forward, and I have regretted a
lot of my purchases, but that dress does look clearly
I'm just going to do it again because like the
outcome is quote not that bad, It's not that bad,
but we could just do it again, right, But ultimately
that's not serving you when we need to break that cycle.
And that's not comfortable because I'm asking you to make
a different decision that does make you slightly uncomfortable. But
(06:51):
the outcome is great. The outcome is better, The outcome
is empowering, and I think we need to focus on
that because I don't know if people are going to
be on the same page as me. But I don't
believe that like motivation, and I've said this before on
the podcast, like motivation and rule power really exist in
a way like they're just not going to cut it.
Like discipline is just doing it, Like you're not going
(07:13):
to get motivated back to do it. You're not going
to wake up. It's like going to the gym. You're like,
you're so good at this. I'm not. But like you
don't wake up and go I'm so excited to go
to the gym. You still wake up and you're tired
and over it and you're just like, oh, maybe I
do need an extra coffee today, But like you just
do it, like we just get up and do it.
Like that's discipline. And I think if we can give
ourselves more discipline, we are able to achieve those things
(07:36):
because I think people assume that motivation is going to
be like the golden ticket, like oh, if I do this,
or if I get a new cute workout set, I'll
be more motivated to go. No, girl, like I've tried
that the brand new pink Lululemon workout set that does
look bomb on it doesn't actually get you out of
bed that much earlier. Maybe one time because you're excited
(07:58):
to wear it for the first time, but the second, third,
and fourth time you're just like, well, you're used to
it by then, exactly like we're over it, right, So
what do we do instead, Well, I guess instead of
just hoping and wishing that we would be better and going, oh,
maybe later, like we need to live in the now
and just go well maybe now, maybe right now, instead
(08:18):
of going one day, oh how good are we as
well are going like, oh my god, Beck, I'll just
do it when I get a pay rise. Or like
if I said to you, and this is not an
attack on you by any stretch of the imagination, it's
just a really good example. If I said to you, hey, Beck,
let's sit down and do your budget and you were
like not in the mood to do that. You might go, oh, well,
maybe let's wait till next payday. Yes, maybe let's wait
(08:40):
until Like there's always us pushing it off. Why it's
not because payday is going to be a better time
to budget, Beck, it's just a better way to push
things off and give us a justification and some validation
for not doing what we should be doing in the moment. Ah,
because like you and I could sit down and do
a budget today. It's not that Camfy is going to
be about change. And yes, you might not be able
(09:02):
to stick to it right now because we do need
to wait till pay day, But like if you did
it today instead of waiting till pay day? Have we
not got a plan for what happens on payday? That's
very true. We're setting ourselves up for success, and I
think that that's important. But ultimately the goal is build
better systems. You are not the problem. Your system is
the problem. And how the hell have you got a
(09:23):
functioning good system back if you've never been taught? Like,
who was going to set your system up to begin with? Totally?
That is so true, Like who's going to set you
up and be like, okay, back, here are the bank
accounts you need, here's where your money should go into.
Here's how much you're spending on average, so we need
to transfer that each week. And you go, oh, that
makes sense. No one set you down and done that.
(09:45):
So we need to focus on changing the system around you,
not just your behavior, because your behavior that's the really
hard part. But if I gave you a system that
kind of forces you into a behavior, we love to
see it. We love we love to see it, see it.
So how do we do that? So I think that's
around understanding the psychology of how habits work. And like
(10:06):
this sounds a little bit fluffy, but Beck, I don't
know if people know this about me, because I have
looked at our stats recently. We actually have a lot
of new friends joining us, which is very exciting. Hello.
This is Beck, and I'm Victoria, and I'm wildly passionate
about financial literacy. But I also have a background in
behavioral psychology, so I haven't accidentally started talking about psychology
(10:27):
from a place where I'm like I learned this on TikTok.
I actually have two psych degrees, which I don't know.
That's pretty cool. That's pretty cool. She's well within her rye. Yeah,
my mum's like really proud of me. But we need
to understand the psychology of how habits work, because ultimately
habits work in loops. The loop is there's a trigger,
there's a behavior, and then there's a reward. And we
(10:48):
love rewards like I don't lie, I love a sweet treat.
I love like have you not been trying to create
habits for yourself even if you've never thought about Oh?
I need to understand the psychology of like habits. Like Beck,
I say you need to have a new habit, or
you need to do something new tomorrow. If I said
there's a sweet treat at the end, you're more likely
(11:09):
to want to do it. And you know that that
could reinforce the behavior. Right, So we all, I think,
inherently understand this idea of how to set up a
good habit. But the reward can't be a sweet treat
because that's going to eat into our budget. We can't
assume that there's going to be a big reward every
single time. It needs to be small hits of dopamine.
(11:30):
And I think in twenty twenty five, the shitty thing
Beck is that we all have dopamine addictions, Like we
all are so good at instant gratification, Like there is
not a time where I can't just get the things
that I want in my hands within twenty four hours, right,
Like I can order things on Amazon, I could order
(11:52):
dinner on Uber Eats. If I have a question, I
can google it. Like your attention span in twenty twenty
five is absolutely looked in comparison to what it used
to be. How long dides it take you beck to
scroll off a video on TikTok if it's not interesting you,
oh my god? Truely? Like I can't be bothered with this,
can't be bothered with that? Why the hell would you
(12:12):
be bothered with setting up a whole brand new habit
around budgeting and cash flu that's boring. When I could
watch TikTok's of people doing their makeup, I prefer that. Yeah,
and you don't even wear makeup, don't, but I love
to watch it. Isn't it crazy? Like the amount of
building videos I watch on TikTok. Babe, You're never going
to build anything up? Why are you educating yourself? But
(12:34):
I think if it's around things like you're ordering Uber
Eats when you've literally got food at home. I think
it's about breaking that habit loop. So you're not just
buying Uber eats because like you're like, oh, I really
am craving Chinese tonight. We need to break the habit
that you are like, oh, I'm stressed, I'm tired, it's late,
(12:54):
it's the end of the day. There's nothing easy in
my fridge. I just the easiest thing here is going
to be ordering Uber Eats and I'll just know I'm
bad at it, but I'm going to deal with this later.
That whole habit needs to be reset. I need to
get some stuff into your fridge back that rewards you
for being tired, Like you're like okay, cool, Like I
don't have to cook a whole pot roast. But we
(13:17):
need to break the habit. What things could you keep
in your fridge that are quick and easy to cook?
Are we looking at things that you know you might go, oh,
but Victoria when I'm at the supermarket, those like pre
made meals are so expensive, Like you look at them
and you're like fourteen dollars a huge oke, Like I
feel like they're expensive.
Speaker 4 (13:34):
They are expensive. Sometimes the home brand ones are pretty good,
but if you want to be something that looks advertising.
Speaker 2 (13:40):
Exactly, like, let's pretend it's fourteen dollars and I feel
like that feels expensive sometimes, yeah, definitely, but what are
you spending on Uber Eats?
Speaker 1 (13:47):
Oh?
Speaker 2 (13:48):
True? Like you know what I mean. You need to
contextualize things. So I'm not saying that this pre made
fourteen dollar meals are the answer, but like, let's break
the habit of always ordering Uber eats and get some
quick things in your free Yeah great, let's go here.
And I know this isn't going to align to everybody's budgets,
but this is just an example. Let's just do an intermediate.
So now there's things in the fridge and you've gotten
(14:08):
in the habit of like heating something up. Now a
few steps down the road, let's get like some pasta
and some stuff in your pantry that you could whip
up a quick pasta. We're not just breaking a habit
by going to the hardest option. By going you actually
have to cook everything from scratch. And also you now
have to sacrifice your Sunday beit because you have to
do meal prep. Like that's not going to sound that good,
(14:31):
but why don't we find a small step in the
right direction where you're putting some quick meals in the fridge,
so instead of having ubreats, there's something appetizing, it's quick,
you pop it in the microwave. Yes, it's not the
cheapest option on the market, but that is damn cheaper
than uber eats. Yeah. So like let's do that and
then small steps in the right direction, right, because you're
still getting that dopamine hit of going, oh, there's something
(14:52):
nice for me in their fridge. We need to do
that with money, Okay, we need to be setting ourselves
up for success. I'm not going to strip you you
back and go here's this really strict budget. You will
it's like a horse going into a horse float for
the first time. You will buck and fight and not
want to go in. You probably bite someone. Well, that's
very true. Like I don't want to be restricted. No, no, okay,
(15:15):
but like, what tiny little steps in the right direction
can we take that feel good but also create really
solid habits for us into the future. Yeah.
Speaker 4 (15:24):
And I think once you get a bit of a
briggle on and a snowball effect, yeah, you kind of
become obsessed with it.
Speaker 2 (15:31):
And you're kind of go freight. There's always something in
the fridge, and then you might become more attuned to
opening the fridge instead of picking up your phone. And
that's what we want to see, right, that's what we
want to see. We want to see. So if we're
talking about I guess habit triggers, there are actually five
triggers of a habit that I think we need to understand. So,
like you know, we talked before about like a habit loops.
(15:54):
You've got your trigger, you've got your behavior, and then
you've got your reward. We love a reward. But there
are different triggers that trigger habits, right, So the first
is the time of day, so you're used to doing
something at a specific time of day. It maybe is
I finish work and then I order takeaway for me,
It's I wake up in the morning and I have
(16:14):
to brush my teeth. Like it's little things that have
just become part of my loop. You know, Like I'm
in autopilot, and we want budgeting to become autopilot. I
don't want it to be stressful for you and your brain.
It just starts to associate six PM with that habit. Yeah,
Like what do you do when you get home back
and you're about to order rebreats, like there will be
(16:35):
a specific set of things that you do. You might go,
I'm gonna grab a water, I'm gonna sit on the couch,
open phone. Yes, that's the plan, that's the loop. We
need to break that. The next is your location or
your environment. So being in certain spaces can trigger habits.
So you like walk into the kitchen and suddenly you're
(16:56):
thinking about a snack and automatically you go to the
fridge and have a look, even though you know there's
no snap in the fridge. These are automated. These are
just how our body goes. I know this environment, I
know what I do in this environment right right. The
next is your emotional state. And I think this one
is downplayed a lot, but your emotional state is so important.
And it's stress, it's boredom, it might be loneliness, even celebrations,
(17:20):
Like all of these things trigger habits without us even
recognizing it or being able to realize it. Like you're
not often craving food, You're craving some level of comfort. Yeah,
I've had a long day. I do deserve an ice cream,
I deserve a treat. Yes, I deserve a for a wash.
And then the second last trigger is other people. Oh yeah, sorry, sorry,
(17:44):
but other people getting involved in your life is going
to mean that if your partner's always ordering takeaway Beck,
you're more likely to be like, oh, yes, course yeah.
And if it's an a husband and I like, I
try not to eat the ice creams at home, Beck,
And then your husband's on the car with me, He's like,
do we have any ice creams? And I'm like, yeah,
we do. We do have ice creams. Yes, I've been
(18:05):
sitting on the couch thinking like ice cream and then
I'm like, no, no, he had one yesterday, Like you
do not need an ice cream every single night. And
then my husband looks at me and says, do we
have any of those racist ice creams? And I go, oh, yes, yes,
we absolutely. Isn't that annoying? Like it's annoying because it's like, especially.
Speaker 4 (18:22):
If the habit wasn't there before the day, Like I
never needed an ice cream.
Speaker 2 (18:26):
I was never a dessert person. And then I got
with my partner and here is a dessert. Anyway. It's
all of these small things and I think, yes, we're
talking about food here, but I think it's just like
the most relatable thing because then we can loop it
back to going, oh my god, I do understand those
inherent habits in my body and in my life. Okay,
they clearly are going to be happening in my money
(18:47):
world as well. Right right, Habits are not easy to form,
but they are also they're kind of like on autopilot.
And I guess that's the fifth trigger, right, it's preceding action.
Receding action is like something you do right before you
do this thing that maybe you don't want to do forever.
Like it's things to me, you say, oh, I really
(19:08):
need to be better at XYZ. But it's like if
you finish a meeting or you put your keys down,
it can automatically cue a habit or a response like
you finish work, I deserve a treat. And once you're
able to figure out what that trigger is, you're able
to like break the loop or hack the loop and
you can keep the reward, but maybe choose a different
behavior that still goes I guess to that little dopamine
(19:32):
hit in your brain, like it still gets you to
pick that up, and like there are so many habits
and triggers in your body that you might go, oh,
I just thought that's how I just worked. Right. But
we can break them and change them. Do you know
what my funniest one is, Beck, tell me, I swear
like my brain, she's not a girl's girl sometimes, right,
she just works against me. So I've had a good day.
(19:54):
I'm not even thinking about anything. I've driven home. I
get home, I feel absolutely fine. I get to my
front door. I put the key in my front door,
overwhelming urged to p yeah, I have to pay immediately.
Like it's like my brain is like you are home.
It's like the keys or some sound or like getting
to the front door. And then I start to fumble
and I'm like, fire out, I really need to go
to the market. What the hell? Like it's literally and
(20:18):
you can break that as well, but like it's an
automated something has triggered in my brain and it's decided
that's the outcome. What the hell? So they don't have
to make sense, Beck, but we can identify these habits
that something might happen and something might be the trigger,
and then all of a sudden you need to do that.
It's like Pavlov's dog. Like if you've heard about that right.
(20:41):
So Pavlov trained dogs to start drooling based on the
sound of a bell because he started giving them treats.
So he would ring the bell, give the dog a treat,
ring the bell, give the dog a treat. No bell,
no treat, bell, treat. Then he took the treat away. Cruel.
That's cruel, right, But he ran the belt and the
dog was like, Aha, treat, treat's coming, and it started drooling.
(21:04):
I didn't like it. No treat came. Well, that's so mean.
That's a game, right, Yeah, But like that's what we
need to learn from because I know that you don't
want to be compared to a dog. But at the
end of the day, we can be trained in the
same way as animals. Yeah, we're just animals. We just
out you're doing our best, like I'm just a caveman
and sell you beck.
Speaker 4 (21:24):
Okay, So that does make a lot of sense and
honestly explains a lot.
Speaker 2 (21:28):
Of my life. But how do we start building like
better habits. Oh, you don't want to pee when you
get to your front door. I need to do a
little bit more than that one. When you get the
front door, you want to invest? Is that way? It's exactly.
I get to the front door, I see my keys,
and I'm like, oh damn, I'm jumping on chass, desperate
to invest inside. Oh my goodness, get me at my budget.
I don't know if I can do that for you,
(21:49):
but we can definitely like create some good financial habits
that make it feel late that right.
Speaker 4 (21:55):
Yeah, like you're busting seas, shaking, dragging. Okay, So we're
going to break it down right after this short break.
It's all about making your money habits as easy as
ordering your breeds, but with way less regret. Welcome back everyone, okay,
V Now, I want to know, once we know our
habit loop, what do.
Speaker 2 (22:15):
We actually Oh, we have so many habit loops. Yeah, like,
so what do we do about them? Well, it's about
kind of keeping the queue, changing the behavior, right, And
I'm going to stop talking about how when I get
home I really need to pee, But that is a
habit I would like to break. Do you know how
stressful it is getting home and you've got like arms
full of groceries, I've got a kid on my hip,
(22:36):
I'm trying to get the key in the door, and
then I'm like, oh my goodness, why do I have
to pee right now. I don't even need to pee.
I paid recently that it's a trickle. But I think
it's so important that example, because I'm not consenting to
that back, like I did not choose that, but that
is a habit that my body has picked up, and
I think it it's a fantastic example of how these
(22:57):
things just happen. I think a lot of people assume
that habits are always good, and habits are always really
constructive or could be destructive, like people are like, oh,
I need to pick up the habit of like brushing
my teeth every morning or whatever it is. But like
sometimes being able to understand that little habits can be
(23:18):
like little nuances about you. Yeah, we can do the
same in our budget and the same in our money life. Right,
So if we want to be changing this and we've
become aware of these things, keep the cue, change the behavior,
keep the rule ward. Yes, So we're just swapping one
thing out so you don't have to change your whole life.
We're just swapping I guess the middle part of that.
(23:41):
So if the trigger is art's the end of the day,
I really want to relax, Like, what's a behavior that's
going to give you the same experience, like, because I
don't want you to have a not good experience. That's
not what we're about. I don't want this to be negative.
But like maybe at six pm and you're a bit
tired and you're like, oh, really, I'm going to order
some Uber eats. What if we swapped it to you
(24:04):
popping on your favorite podcast? Hi, it better be ass
and you're gonna do some dinner prep. Yeah, Like, I
don't want you to have to prep dinner and be like,
oh my god, nurse, this is so boring. Like, okay, well,
can we like listen to a podcast or put on
a TV series while we're doing that, so you like
get the reward while you do the thing.
Speaker 4 (24:25):
It is quite fun doing that when you put something
stimulating on. Yes, then all of a sudden chopping a carrot,
it's not too bad.
Speaker 2 (24:32):
It's kind of enjoyable. Yeah, it's like you're getting a
reward while doing. Yeah, the thing you need to do,
you get double reward. You get rewarding and the reward
whenever I clean the house, I have a playlist I
can share it with you. It's like old school bangers
that you would sing in your car. Yeah, but like
I have to put that playlist on and then I
can power through like an hour of cleaning my house.
But like it doesn't feel so bad when I match
(24:54):
it with something that I enjoy. So that's what we're
looking for, right, So we're not trying to ruin our
own lives because I think so many people think, oh,
watching is going to be so hard. We're like replacing
a behavior or we're replacing something in our budget, but
we're not restricting ourselves. Yeah, keeping the trigger, keeping the reward,
changing the middle one. Because like if I said to you, Beck,
(25:16):
like I'm at your house, let's pretend you've invited me
over and you're like, oh, let's order some Uber eats,
I would very easily agree to that. But what if
I said, oh, let's pop on some music and we
could like prep a cute pasta together. I think we're
both down for that. Yeah, like that we can, but
like we could do cute things on our own as well,
Like instead of you ordering Uber eats on your own, Beck,
(25:38):
could you pop on a podcast, hang out with some
podcasting friends, and chop up your carrots. Yeah, it doesn't
have to be massive in terms of change. It can
be small, like if you're telling yourself, beck, do not
order Uber eats. I need to break this habit.
Speaker 1 (25:55):
Girl.
Speaker 2 (25:55):
That's friction, that's deprivation. That's so true. That sucks, and
then you lose your mind and you want a twenty
years All I'm thinking about is Uber eats. Instead, you're
going to tell yourself have something better prepared and ready
to go in the fridge so that that doesn't feel
like I'm being restricted, because like, oh, like right now,
if I don't order Uber Eats, I have to have
(26:15):
toast for dinner, and I want toast for dinner. We're
going to put something nice in the fridge and start
that loop of prepping our dinner and getting it ready.
And it means that it's easy, but you still get
the reward of having like a quick dinner, and you're
still on the couch and you're still enjoying your time.
But we need to make the new behavior more appealing
(26:36):
than the old one. And I guess I'm harping on
about Uber eats because financially, that is something that lots
of people in our community are saying, like, oh, I
relate to that, And if you don't relate to that.
That's so fine. There's going to be something else, Like
it's so funny. Someone message me the other day in
the libitoraria. You always use uber eats as an example,
but I'm rural, like I don't even have uber eats,
(26:56):
and I was like, first things, first, i'manthis of you.
But second, there's gonna be things that you're doing that
you can go. Oh, that's a pretty simple example Victoria
is using. But like I do X YORZ or like,
you know, maybe you want to prep more fresh food,
but you keep just chucking seam chicken nuggets in the
(27:16):
oven yep relatable, Like, I don't think it's you have
to relate to my Uber eats example. It's just an
easy example. We are falling into a bit of a
system and another thing you can do, and this works
really well for me. Just side note as somebody with
ADHD like really well and I call it habit stacking
or everybody calls it habit stacking, but habit stacking is
(27:38):
where you stack it with an existing habit. So for me,
I'm not gonna lie. I did learn about this on
TikTok and it works really well. But just say you're
like working from home, and you know, the end of
the day is like your trigger. So if I'm being
open and honest, during COVID, the end of the day
was my trigger to have a glass of wine. Yes,
(27:59):
Like I would get to the end of the day
and I would like see five pm and I'd look
at my husband and be like, so is it one time?
Like because that was my break, Like that was the
thing that in my head was triggering going from work
Victoria to home Victoria because we didn't have that like
third period where we were driving or whatever. Also, there
wasn't all that much to do during COVID. Let's be honest,
(28:21):
I think lots of us can relate to that. But
just say, after I close my laptop, I'm going to
go straight to the kitchen and I'm actually going to
play my favorite podcast and start meal prepping. Like you
need to start actively going. I'm going to do this instead,
but make it enjoyable. So it could be a podcast,
it could be TV, it could be music, it could
be literally anything. But we're going to stack one habit
(28:43):
with another. But one of those things is something you
really enjoy doing. So, like a couple of my girlfriends,
I recently have been talking to them about podcasts that
they like listening to. We're really into true crime and
there's a few really good true crime series that you
know if you follow me on my Instagram, like, you'll
know what I'm listening to at the moment. But we
(29:06):
tell ourselves that we can only listen to the good
episodes like the new one if we're out on a walk.
So I want to be more active. I need to
get out more, but like I'm bored in two seconds.
Back walking can be so boring. So I'm like, Okay, cool,
new episodes out. I get to go on a walk soon.
So you're stacking something that you really like doing with
(29:26):
something that you want to do more of. Yeah, so
maybe you're getting yourself a glass of wine to do
your budget. Yeah, okay. We want to reward ourselves, right,
And another way to be setting yourself up for success
is genuinely changing the environment. If I open your phone back,
where's the Uber eat sap?
Speaker 4 (29:44):
He's actually now on the second page. Allay, So you're learning,
you're like trying to take it away.
Speaker 2 (29:50):
That's true. It doesn't work very well, but you know
what small steps in the right direction because you're trying
to change the environment. It's not the first thing that
you see when you open your phone and can often
just trigger a thought of like oh, Uber eats, Oh
that's right, I'm going to X, Y and Z. Or
if like you're prepping food gol, why is it in
the back of your fridge. No one wants to go
(30:12):
to the back of the fridge. You're going to see it.
You're going to see a better option, and that's not
opening the fridge. Like very true, make it cute. You've
got to make a new habit easier to do than
the old one, and sometimes that actually means adding a
little bit of healthy friction to the bad habit. So
like that's when I'm saying, sometimes the fourteen dollar meal
(30:33):
from coals is actually going to save you money. Like
I'm not saying that that is a budget efficient process,
like I could whip up a whole meal for four
people for ten bucks back. Like we're not talking about
what is the cheapest option. We're talking about what is
the middle ground that is going to lower the friction
of you changing that habit and we can get to
(30:54):
the ten dollar meals we can I did a whole
episode on it. But what's the middle of going from
ordering fifty dollars worth of Uber eats every single night
for two people? Okay, well, maybe we're getting two fourteen
dollar meals and keeping them in the freege and just
having them when we don't feel like we want to cook. Yeah,
let's have some easy options. I'm not saying that that
(31:16):
is the most budget efficient way of living life. It
is not, beck, but you've got to make these new
habits easier because at the end of the day, we
just need to create more friction for the bad habit.
Do you know what would make it harder for you
to order Uber eats word? Okay, so you're going to
go on your Uber Eats app. I'm sorry, Uber Eats
simp do that right now. I don't know if you
want to do this. You're going to delete your credit
(31:37):
card details?
Speaker 4 (31:38):
No, that's actually a good idea because then you're like, oh,
I've got to go get them.
Speaker 3 (31:42):
Yeah.
Speaker 2 (31:42):
Do you know how many purchases I don't make online
because they don't have Apple pay or they don't have
my credit card details immediately? And then I'm like, ah,
I can't actually be bothered getting up and going and
getting my credit card and keying in the details. We're
deleting our credit card details. It always snaps you out
of it. Yeah something, and it's lame. And these are
small things, but you have to now get up, go
(32:04):
get your wallet, and manually put your credit card details
in every single time you want to do it. Well,
I just saved you a lot of money, didn't I. Yeah,
that's such a good idea because you have to really
think about it. If I'm going to get up and
go get my wallet, I as we'll go make pasta. Yeah.
Speaker 4 (32:18):
Or if you change your log into two FA two
factor authentication, like with the authenticator appe nobody in the
history of the world.
Speaker 2 (32:27):
But that makes the new habit easier than the old
one in a way. Yeah, So that's what we want
to do. And like it sounds small, but we're creating
barriers to make the old habit less appealing, so that
your brain actually has to pause and go hold on,
hold on. This loop isn't looping. What's my new loop? Oh,
I'm going to go do that because if you're standing
(32:49):
there hungry and suddenly you get up, you have to
find your card dates. No, it's just not going to happen.
You're more likely to think this is actually too hard, basket,
and you're going to go to the free How do
we do that? When it comes to finances, that could
look like, you know, Beck, if you're really bad at
dipping into your savings, which I mean all of us
(33:09):
are at some point, do you actually need to? And
sometimes there's a little bit of work involved in setting
these new habits up. I'm not going to pretend, oh
it's so easy. Yeah, right, it's so easy, Beck, But
like maybe it means you, and I mean metaphorically, not physically,
we're going to go and open a new bank account
with a different company, so you might bank with NAB
(33:31):
and you're really bad at dipping in because like when
you log into yournab account, you can see all of
your money or you're with ing whatever, you can see
all of your money and what's accessible to you. Maybe
we take your savings and put it with a different bank.
Technically they're still just as accessible, but they're harder to
get to because there's that mental barrier. But then also
(33:52):
you're not logging into your daily spending accounts and having
a look at how much cash do you have? Beck,
you don't see your savings in that moment, because your
savings shouldn't be an option. Like if we're ordering oubreits
or we're checking our account to see, you know, how
much have we got to spend at the grocery shop tonight,
like I don't want you to then go, Or if
I transferred an extra fifty bucks from my savings, we're
(34:13):
not giving ourselves that option. And don't get me wrong,
we're in twenty twenty five. If you needed to transfer
money from your savings to a different bank, OSCO exists,
it's going to happen instantaneously most times anyway, So we're
not actually making our money out of reach. You're in
an emergency, you still have your emergency fund. Maybe that
just needs to sit out of sight, out of mind,
(34:34):
and that can be quite constructive. It's like, and I
know that there's another barrier to entry here for you personally,
but you shared that you have now more than five
hundred dollars in your investing account, which is so cool,
But like that barrier to entry is it's on a
different platform. Yeah, you're like, oh no, I can't touch that. Yeah,
so can we create that again? When it comes to
(34:55):
money I think we can. That is a really good
point for you. We need to and you know what,
I know we need systems because I need systems. Yeah,
I need systems. I need my money to not be
as accessible because I do get a little bit tap happy,
a little bit spendy. But I know that about myself,
and I'm fine to talk about that. But what am
(35:15):
I putting in place so that when I'm in that
mood of being, like I do really want to go shopping,
I'm not able to do that as easily. So like
my savings do sit with a different bank, and that
bank account I don't have a debit card, so it's
like a savings account. Yes, I can technically go in
there and transfer money out and back to my other bank,
(35:36):
but I'd have to log into a different banking app.
And like if it's out of sight for me, often
it's out of mind totally. Like having to log into
something else is like a little reminder that maybe I
shouldn't be doing this.
Speaker 4 (35:49):
A side note, I did actually do that the other day.
Now I have three bank accounts. I don't know if
that's too excessive, but one of them I'm not allowed
to see.
Speaker 2 (35:54):
I have so many bank accounts. You can have as
many as you want. Lots of people in our community
have up bank, like they really like Upmang and they
have like lots of different savers and whatnot. And I
think that's great. You think Jessica Rifke's banking system she has, like,
I think it's like fourteen different savers. Oh my god,
that's so good. But like you can cut it and
slice it and dice it however where it works for you.
(36:15):
But I want it to work for you. That is
so tru y. Okay, So hypothetically.
Speaker 4 (36:20):
We've kind of like we're on this new path that
is leading us to better places.
Speaker 2 (36:25):
But if like I do fumble stumble, I'm a fumbler.
I'm a stumbler, and I do get uber eyes.
Speaker 4 (36:32):
Yeah slay, Well, I just will like in my brain,
will that kind of like reaffirm the habit that.
Speaker 2 (36:38):
Exists or well, it does reaffirm that habit, and it
does sometimes set up a really negative self talk, like
you might go, see, I am really bad at money.
See I'm not good at this right? Yeah cool, you've
just fallen into a more comfortable behavior. I can't judge
you for that. You shouldn't judge you for that. Something
that helps me significantly is visuals. I'm a visual learner.
(37:00):
Like I love a picture, I love a graph, I
love a flow chart. I love when people draw things
on whiteboards. I like, oh, that makes so much more sense.
Now you draw a bubble around it. Let's make it visual.
So if your habit isn't visual, it's often very hard
to forget. You want to be able to see your
progress so that your brain registers that something good is happening.
(37:20):
You can use you know, tracking apps and spending apps.
But like go on my website beck there are free
savings trackers. You can print them out. They are so
asthetic because our graphic designer did a slagh job of
setting them up. But you can print out a tracker
and pop it on your fridge and color in a
bubble every time you meet a savings goal. You could
have a habit tracker where every time you literally don't
(37:42):
get ubrets, you give yourself a gold star. I love
a gold star. Yeah, gorgeous. I love the idea that
I can track things, post it notes on your mirrors,
a note on your fridge with your actual savings goal
or your spending limits, Like maybe there's a paper calendar
that you can tick things off or draw things on.
I think when it comes to habits, what triggers your dopamine? Sure,
(38:06):
make use of that. Make if I use dopamine as
your best friend? Okay, okay, but how do we do that?
We want those dopamine hits, but I want it to
be associated with your money and good habits and creating
habits that make sense to you. But beckwi humans you
said before, like, oh, like if I order your breathes, like,
am I a bad person? Absolutely? Not like a You're
(38:29):
not a robot? Ew No, thank you. You're not going
to get it right every single day. Like there are
going to be times that you fall off the bandwagon,
and you know what, that's fine? Do you know what
that does? It reminds us do we still want to
be doing this? You'd be like, yes, I do. I'm
just going to get back on the horse. It doesn't matter.
Your money does not define you as a human being.
(38:51):
Have you ever looked at somebody and mean, like, she's
so good at budgeting. I want to be her friend?
Unfortunately not except for you. No, but hopefully you don't
want to be my friend. Because I'm good at money.
That's so key, weird, beg. I've never looked at someone
and been like, oh, she's rich, I want to be
a friend. And if you are looking at people and
want to be their friends because they're wealthy, weird, so weird.
(39:13):
Maybe like missing one or two days of your habits
it doesn't matter, like, yeah, might impact your progress. Cool,
we can push timeframes out, that doesn't matter. Just be
kind to yourself. If you can't be kind to yourself,
how are you expecting other people to be kind to
you right? How you're going to stick to anything? If
your internal monologue is I think just showing up is
(39:35):
the most important part. And if you don't feel like
you showed up today, that is absolutely fine. You can
show up tomorrow. That is so fine. It's what creates change,
It's what's going to create good habits. And I think
so many times we tell ourselves I'm so bad at money,
or I'm not good at this, or I'm never going
to be good at that. Beck money is genuinely not hard.
It's hard because we've never done it. Yeah, anything is
(39:57):
hard when you've never done it. That is a really
good reminder. Definitely something that I think we all probably
hear literally, and you're literally one of the most creative
people I know. Thank you. How did you know how
to do like clay arts? How do you know how
to fire things? Research? Right? Yes, that's very true. But
like if you can teach yourself six million new habits
(40:17):
like that or little crafts or little hobbies, I promise
you can learn about money. Money is not that hard.
Oh my god, that is so true, Like I promise. Wow,
what a spiritual awakening this has been. Anyway, I think
just starting small, making it obvious, giving yourself a little reward,
and just keep going. You're not failing. You're actually learning.
Like when we're not working something out and you're saying,
(40:38):
oh I did that wrong. You didn't used to see
that is wrong? Yeah, like you're learning, you're creating your
own boundaries, and we love to see it. Every time
you show up, even in a tiny way, you're actually
just reinforcing a habit that future you is going to
love you for. We love to see that. We love
to see that exactly. Yeah. I really needed this talk today,
So thanks. Sorry, Sorry, I didn't mean to make you
(40:59):
feel like ACKed by me going change your habits change
your life. You know, I personally really needed this.
Speaker 4 (41:06):
So if you've got a friend who keeps saying I'm
just bad with money, make sure he shares.
Speaker 2 (41:09):
Remember you're just not prioritizing her.
Speaker 4 (41:12):
And also, how do you know if you haven't been taught,
don't forget to subscribe so you never miss an episode.
Because we've got so much more money mindset goodness coming
your way.
Speaker 2 (41:21):
And we're like really smart, and we're really smart yeah,
and like really hot yeah, and also yes, very hot.
Don't give version. We have faces for audio. Yeah, just
trust us. We're really hot. Yeah, trust us. Anyway, have
a good week, guys. By guys, did buy Shared or?
(41:45):
She's on the Money is general in nature and does
not consider your individual circumstances. She's on the Money exists
purely for educational purposes and should not be relied upon
to make an investment or financial decision. If you do
choose to buy a financial product, read the PDS TMD
and obtain appropriate financial advice tailored towards your needs. Victoria
(42:06):
Divine and Sheese on the Money are authorized representatives of Money.
Sheerper p t y lt D A B N three
two one six four nine two seven seven zero eight
afs L four five one two eight nine
Hello, my name is Satasha Nabananga Bamblet. I'm a proud
or the Order Kerni Whaltbury and a waddery woman. And
before we get started on She's on the Money podcast,
I would like to acknowledge the traditional custodians of the
land of which this podcast is recorded on a wondery country,
acknowledging the elders, the ancestors and the next generation coming
(00:22):
through as this podcast is about connecting, empowering, knowledge sharing
and the storytelling of you to make a difference for
today and lasting impact for tomorrow.
Speaker 2 (00:33):
Let's get into it.
Speaker 3 (00:34):
She's on the Money, She's on the Money.
Speaker 2 (00:57):
Hello, and welcome to She's on the Money the podcast.
Speaker 4 (00:59):
I believes rich girl energy isn't about discipline, It's about systems.
Speaker 2 (01:03):
If you've ever thought, I know, isn't that nute girl energy? Yeah? Okay, okay,
I like it going all right.
Speaker 4 (01:09):
If you've ever thought, why can't I just stick to
a budget? Or why do I keep making the same
mistakes over and over? That's literally me spoiler alert. It's
not because you're bad with money, It's because money habits
aren't about discipline, they're about systems. VD I'm excited and
joining me is the woman who turns financial stress into
financial confidence, the queen of realistic money advice. Nice of you, Well,
(01:34):
I was in a good mood today, Oh thank you.
Speaker 2 (01:36):
I think it's so interesting because everybody looks at me
and thinks that maybe I am so good at money
and discipline. Yeah, and like I'm not. I'm just good
at creating systems that work and still giving myself enough
breathing room to feel like I'm not confined by a budget.
But like, if we don't have the right system set up,
(01:56):
we can't be successful. So I think from my perspective,
and you know, knowing that I am a magpie, you
could say I needed a system that took away essentially
a lot of the control that said, this is the
money you can play with, this is the money that
you cannot play with. Go forth and prosper right, Okay, Okay.
(02:18):
See the problem is that I do do this and
I spend it anyway. That's human nature, right, Like, You're
not the problem. You are not the problem, and none
of us are the problem. The problem is not having
a system that works for you. Because I can almost
guarantee if I set you up and you had a
system and gave you enough cash back that you could
still go to the pub with your mates, have a
(02:39):
few soda waters. You could still you know, live life
to the fullest. But in the background, all your bills
were being paid and your savings were banking up slowly,
you'd feel really confident. Yeah. Yeah, and often once we
have that financial security in the background, but you're not
as impulsive because you're not looking for instant gratification, because
you're gratified. Yeah, like you know when you're just like, oh,
(03:02):
I'm all good, I don't need anything. Like that's where
we're getting to. Whereas I think a lot of us
use instant gratification, especially around spending, as a coping mechanism
to feel like we're in control of our money. And like,
obviously I'm a bit of a stat scale and forty
four percent of your daily behaviors are actually automatic, so
they just happen without you even thinking. But if you're
(03:24):
stuck in like a bad loop, like maybe you're like
me and you get a little bit scroll happy, or
you're good at overspending, or you're really good at getting
uber eats when maybe you should just be cooking the
pasta that you have at home. It's actually not about
personal failure. It doesn't mean that you are bad at money.
It's actually just a really well rehearsed system. And as
(03:46):
a human being, do you know what we like? We
like predictability, we like comfort, we like stability. I was
literally having this conversation at work yesterday because I have
just changed beck side note a whole heap of systems
in Zell the Money, and one of my team goes, oh,
but I really liked the old document. I'm thinking the
(04:06):
old document's ugly. The new document is slay, like what's
going on here? And I'm like trying to dive into it.
I'm like, you know what about the old document? Did
you like that the new document doesn't have? Because I
can always guarantee you like like for like that the
new one's better. She's like, Oh, it just feels really comfortable,
Like I know it, I know how to talk through
it with clients. This new one I haven't really had
(04:28):
any experience talking through with clients and you just go
so you're comfortable. I totally guess that. But if we
can make you comfortable with this new system and this
new way of talking, it's going to be better. Yeah,
but not changing is not actually a positive thing. Like
it's so good to grow and change, but it doesn't
mean that you're bad at things. It just means there's
a new, updated system that's working better. Yeah, I know that.
(04:51):
When our phone sends that reminder, Oh, do you want
to update the system tonight, we all say, oh no,
I can't be bothered with a new operating system. But
then when you got it, you take new friends being like,
did you see those new emojis? Yes, oh, yeah, the
new emojis exactly, yes, I did, and I want those,
But like, I just don't want change right now. Yes, God,
it's uncomfortable.
Speaker 4 (05:11):
You know, an ideal world, change would happen and we
would just immediately adapt to that, having to do any
work that would be ideal.
Speaker 2 (05:18):
But basically our brains are still wired as though we're
cavemen back.
Speaker 4 (05:22):
That's true, but also adapting is inevitable and that is
a beautiful thing.
Speaker 2 (05:26):
But I do want an OVD. How do we actually
break those habits and start building better ones. It's hard
because we have to be a little bit real with ourselves.
I don't want to be real, no, because it's not fun, right,
like we have to identify the habits that aren't serving us,
and that doesn't feel good. Like if I sit you
down and be like, okay, cool, like you said you
want to change, what about you do you want to change,
You're going to be like, oh, nothing, nothing, I'm perfect
(05:48):
in it and actually okay, But it's confronting right when
you go, oh, actually, I do spend too much here,
or I'm not prioritizing my savings or I'm not because
we have to change our system. So I think we
have to get really real about it. And ultimately, you're
not making bad choices on purpose. You're literally just repeating
(06:08):
what your brain sees as really easy and really familiar.
Like if you are comfortable doing that, and like the
outcome wasn't that bad last time, why not just do
it again? Yeah? Why not? It's comfy. Why would I change? Like, yes,
I know that, you know, for example, using after pay
isn't good, and you know it does take money out
(06:29):
of my account moving forward, and I have regretted a
lot of my purchases, but that dress does look clearly
I'm just going to do it again because like the
outcome is quote not that bad, It's not that bad,
but we could just do it again, right, But ultimately
that's not serving you when we need to break that cycle.
And that's not comfortable because I'm asking you to make
a different decision that does make you slightly uncomfortable. But
(06:51):
the outcome is great. The outcome is better, The outcome
is empowering, and I think we need to focus on
that because I don't know if people are going to
be on the same page as me. But I don't
believe that like motivation, and I've said this before on
the podcast, like motivation and rule power really exist in
a way like they're just not going to cut it.
Like discipline is just doing it, Like you're not going
(07:13):
to get motivated back to do it. You're not going
to wake up. It's like going to the gym. You're like,
you're so good at this. I'm not. But like you
don't wake up and go I'm so excited to go
to the gym. You still wake up and you're tired
and over it and you're just like, oh, maybe I
do need an extra coffee today, But like you just
do it, like we just get up and do it.
Like that's discipline. And I think if we can give
ourselves more discipline, we are able to achieve those things
(07:36):
because I think people assume that motivation is going to
be like the golden ticket, like oh, if I do this,
or if I get a new cute workout set, I'll
be more motivated to go. No, girl, like I've tried
that the brand new pink Lululemon workout set that does
look bomb on it doesn't actually get you out of
bed that much earlier. Maybe one time because you're excited
(07:58):
to wear it for the first time, but the second, third,
and fourth time you're just like, well, you're used to
it by then, exactly like we're over it, right, So
what do we do instead, Well, I guess instead of
just hoping and wishing that we would be better and going, oh,
maybe later, like we need to live in the now
and just go well maybe now, maybe right now, instead
(08:18):
of going one day, oh how good are we as
well are going like, oh my god, Beck, I'll just
do it when I get a pay rise. Or like
if I said to you, and this is not an
attack on you by any stretch of the imagination, it's
just a really good example. If I said to you, hey, Beck,
let's sit down and do your budget and you were
like not in the mood to do that. You might go, oh, well,
maybe let's wait till next payday. Yes, maybe let's wait
(08:40):
until Like there's always us pushing it off. Why it's
not because payday is going to be a better time
to budget, Beck, it's just a better way to push
things off and give us a justification and some validation
for not doing what we should be doing in the moment. Ah,
because like you and I could sit down and do
a budget today. It's not that Camfy is going to
be about change. And yes, you might not be able
(09:02):
to stick to it right now because we do need
to wait till pay day, But like if you did
it today instead of waiting till pay day? Have we
not got a plan for what happens on payday? That's
very true. We're setting ourselves up for success, and I
think that that's important. But ultimately the goal is build
better systems. You are not the problem. Your system is
the problem. And how the hell have you got a
(09:23):
functioning good system back if you've never been taught? Like,
who was going to set your system up to begin with? Totally?
That is so true, Like who's going to set you
up and be like, okay, back, here are the bank
accounts you need, here's where your money should go into.
Here's how much you're spending on average, so we need
to transfer that each week. And you go, oh, that
makes sense. No one set you down and done that.
(09:45):
So we need to focus on changing the system around you,
not just your behavior, because your behavior that's the really
hard part. But if I gave you a system that
kind of forces you into a behavior, we love to
see it. We love we love to see it, see it.
So how do we do that? So I think that's
around understanding the psychology of how habits work. And like
(10:06):
this sounds a little bit fluffy, but Beck, I don't
know if people know this about me, because I have
looked at our stats recently. We actually have a lot
of new friends joining us, which is very exciting. Hello.
This is Beck, and I'm Victoria, and I'm wildly passionate
about financial literacy. But I also have a background in
behavioral psychology, so I haven't accidentally started talking about psychology
(10:27):
from a place where I'm like I learned this on TikTok.
I actually have two psych degrees, which I don't know.
That's pretty cool. That's pretty cool. She's well within her rye. Yeah,
my mum's like really proud of me. But we need
to understand the psychology of how habits work, because ultimately
habits work in loops. The loop is there's a trigger,
there's a behavior, and then there's a reward. And we
(10:48):
love rewards like I don't lie, I love a sweet treat.
I love like have you not been trying to create
habits for yourself even if you've never thought about Oh?
I need to understand the psychology of like habits. Like Beck,
I say you need to have a new habit, or
you need to do something new tomorrow. If I said
there's a sweet treat at the end, you're more likely
(11:09):
to want to do it. And you know that that
could reinforce the behavior. Right, So we all, I think,
inherently understand this idea of how to set up a
good habit. But the reward can't be a sweet treat
because that's going to eat into our budget. We can't
assume that there's going to be a big reward every
single time. It needs to be small hits of dopamine.
(11:30):
And I think in twenty twenty five, the shitty thing
Beck is that we all have dopamine addictions, Like we
all are so good at instant gratification, Like there is
not a time where I can't just get the things
that I want in my hands within twenty four hours, right,
Like I can order things on Amazon, I could order
(11:52):
dinner on Uber Eats. If I have a question, I
can google it. Like your attention span in twenty twenty
five is absolutely looked in comparison to what it used
to be. How long dides it take you beck to
scroll off a video on TikTok if it's not interesting you,
oh my god? Truely? Like I can't be bothered with this,
can't be bothered with that? Why the hell would you
(12:12):
be bothered with setting up a whole brand new habit
around budgeting and cash flu that's boring. When I could
watch TikTok's of people doing their makeup, I prefer that. Yeah,
and you don't even wear makeup, don't, but I love
to watch it. Isn't it crazy? Like the amount of
building videos I watch on TikTok. Babe, You're never going
to build anything up? Why are you educating yourself? But
(12:34):
I think if it's around things like you're ordering Uber
Eats when you've literally got food at home. I think
it's about breaking that habit loop. So you're not just
buying Uber eats because like you're like, oh, I really
am craving Chinese tonight. We need to break the habit
that you are like, oh, I'm stressed, I'm tired, it's late,
(12:54):
it's the end of the day. There's nothing easy in
my fridge. I just the easiest thing here is going
to be ordering Uber Eats and I'll just know I'm
bad at it, but I'm going to deal with this later.
That whole habit needs to be reset. I need to
get some stuff into your fridge back that rewards you
for being tired, Like you're like okay, cool, Like I
don't have to cook a whole pot roast. But we
(13:17):
need to break the habit. What things could you keep
in your fridge that are quick and easy to cook?
Are we looking at things that you know you might go, oh,
but Victoria when I'm at the supermarket, those like pre
made meals are so expensive, Like you look at them
and you're like fourteen dollars a huge oke, Like I
feel like they're expensive.
Speaker 4 (13:34):
They are expensive. Sometimes the home brand ones are pretty good,
but if you want to be something that looks advertising.
Speaker 2 (13:40):
Exactly, like, let's pretend it's fourteen dollars and I feel
like that feels expensive sometimes, yeah, definitely, but what are
you spending on Uber Eats?
Speaker 1 (13:47):
Oh?
Speaker 2 (13:48):
True? Like you know what I mean. You need to
contextualize things. So I'm not saying that this pre made
fourteen dollar meals are the answer, but like, let's break
the habit of always ordering Uber eats and get some
quick things in your free Yeah great, let's go here.
And I know this isn't going to align to everybody's budgets,
but this is just an example. Let's just do an intermediate.
So now there's things in the fridge and you've gotten
(14:08):
in the habit of like heating something up. Now a
few steps down the road, let's get like some pasta
and some stuff in your pantry that you could whip
up a quick pasta. We're not just breaking a habit
by going to the hardest option. By going you actually
have to cook everything from scratch. And also you now
have to sacrifice your Sunday beit because you have to
do meal prep. Like that's not going to sound that good,
(14:31):
but why don't we find a small step in the
right direction where you're putting some quick meals in the fridge,
so instead of having ubreats, there's something appetizing, it's quick,
you pop it in the microwave. Yes, it's not the
cheapest option on the market, but that is damn cheaper
than uber eats. Yeah. So like let's do that and
then small steps in the right direction, right, because you're
still getting that dopamine hit of going, oh, there's something
(14:52):
nice for me in their fridge. We need to do
that with money, Okay, we need to be setting ourselves
up for success. I'm not going to strip you you
back and go here's this really strict budget. You will
it's like a horse going into a horse float for
the first time. You will buck and fight and not
want to go in. You probably bite someone. Well, that's
very true. Like I don't want to be restricted. No, no, okay,
(15:15):
but like, what tiny little steps in the right direction
can we take that feel good but also create really
solid habits for us into the future. Yeah.
Speaker 4 (15:24):
And I think once you get a bit of a
briggle on and a snowball effect, yeah, you kind of
become obsessed with it.
Speaker 2 (15:31):
And you're kind of go freight. There's always something in
the fridge, and then you might become more attuned to
opening the fridge instead of picking up your phone. And
that's what we want to see, right, that's what we
want to see. We want to see. So if we're
talking about I guess habit triggers, there are actually five
triggers of a habit that I think we need to understand. So,
like you know, we talked before about like a habit loops.
(15:54):
You've got your trigger, you've got your behavior, and then
you've got your reward. We love a reward. But there
are different triggers that trigger habits, right, So the first
is the time of day, so you're used to doing
something at a specific time of day. It maybe is
I finish work and then I order takeaway for me,
It's I wake up in the morning and I have
(16:14):
to brush my teeth. Like it's little things that have
just become part of my loop. You know, Like I'm
in autopilot, and we want budgeting to become autopilot. I
don't want it to be stressful for you and your brain.
It just starts to associate six PM with that habit. Yeah,
Like what do you do when you get home back
and you're about to order rebreats, like there will be
(16:35):
a specific set of things that you do. You might go,
I'm gonna grab a water, I'm gonna sit on the couch,
open phone. Yes, that's the plan, that's the loop. We
need to break that. The next is your location or
your environment. So being in certain spaces can trigger habits.
So you like walk into the kitchen and suddenly you're
(16:56):
thinking about a snack and automatically you go to the
fridge and have a look, even though you know there's
no snap in the fridge. These are automated. These are
just how our body goes. I know this environment, I
know what I do in this environment right right. The
next is your emotional state. And I think this one
is downplayed a lot, but your emotional state is so important.
And it's stress, it's boredom, it might be loneliness, even celebrations,
(17:20):
Like all of these things trigger habits without us even
recognizing it or being able to realize it. Like you're
not often craving food, You're craving some level of comfort. Yeah,
I've had a long day. I do deserve an ice cream,
I deserve a treat. Yes, I deserve a for a wash.
And then the second last trigger is other people. Oh yeah, sorry, sorry,
(17:44):
but other people getting involved in your life is going
to mean that if your partner's always ordering takeaway Beck,
you're more likely to be like, oh, yes, course yeah.
And if it's an a husband and I like, I
try not to eat the ice creams at home, Beck,
And then your husband's on the car with me, He's like,
do we have any ice creams? And I'm like, yeah,
we do. We do have ice creams. Yes, I've been
(18:05):
sitting on the couch thinking like ice cream and then
I'm like, no, no, he had one yesterday, Like you
do not need an ice cream every single night. And
then my husband looks at me and says, do we
have any of those racist ice creams? And I go, oh, yes, yes,
we absolutely. Isn't that annoying? Like it's annoying because it's like, especially.
Speaker 4 (18:22):
If the habit wasn't there before the day, Like I
never needed an ice cream.
Speaker 2 (18:26):
I was never a dessert person. And then I got
with my partner and here is a dessert. Anyway. It's
all of these small things and I think, yes, we're
talking about food here, but I think it's just like
the most relatable thing because then we can loop it
back to going, oh my god, I do understand those
inherent habits in my body and in my life. Okay,
they clearly are going to be happening in my money
(18:47):
world as well. Right right, Habits are not easy to form,
but they are also they're kind of like on autopilot.
And I guess that's the fifth trigger, right, it's preceding action.
Receding action is like something you do right before you
do this thing that maybe you don't want to do forever.
Like it's things to me, you say, oh, I really
(19:08):
need to be better at XYZ. But it's like if
you finish a meeting or you put your keys down,
it can automatically cue a habit or a response like
you finish work, I deserve a treat. And once you're
able to figure out what that trigger is, you're able
to like break the loop or hack the loop and
you can keep the reward, but maybe choose a different
behavior that still goes I guess to that little dopamine
(19:32):
hit in your brain, like it still gets you to
pick that up, and like there are so many habits
and triggers in your body that you might go, oh,
I just thought that's how I just worked. Right. But
we can break them and change them. Do you know
what my funniest one is, Beck, tell me, I swear
like my brain, she's not a girl's girl sometimes, right,
she just works against me. So I've had a good day.
(19:54):
I'm not even thinking about anything. I've driven home. I
get home, I feel absolutely fine. I get to my
front door. I put the key in my front door,
overwhelming urged to p yeah, I have to pay immediately.
Like it's like my brain is like you are home.
It's like the keys or some sound or like getting
to the front door. And then I start to fumble
and I'm like, fire out, I really need to go
to the market. What the hell? Like it's literally and
(20:18):
you can break that as well, but like it's an
automated something has triggered in my brain and it's decided
that's the outcome. What the hell? So they don't have
to make sense, Beck, but we can identify these habits
that something might happen and something might be the trigger,
and then all of a sudden you need to do that.
It's like Pavlov's dog. Like if you've heard about that right.
(20:41):
So Pavlov trained dogs to start drooling based on the
sound of a bell because he started giving them treats.
So he would ring the bell, give the dog a treat,
ring the bell, give the dog a treat. No bell,
no treat, bell, treat. Then he took the treat away. Cruel.
That's cruel, right, But he ran the belt and the
dog was like, Aha, treat, treat's coming, and it started drooling.
(21:04):
I didn't like it. No treat came. Well, that's so mean.
That's a game, right, Yeah, But like that's what we
need to learn from because I know that you don't
want to be compared to a dog. But at the
end of the day, we can be trained in the
same way as animals. Yeah, we're just animals. We just
out you're doing our best, like I'm just a caveman
and sell you beck.
Speaker 4 (21:24):
Okay, So that does make a lot of sense and
honestly explains a lot.
Speaker 2 (21:28):
Of my life. But how do we start building like
better habits. Oh, you don't want to pee when you
get to your front door. I need to do a
little bit more than that one. When you get the
front door, you want to invest? Is that way? It's exactly.
I get to the front door, I see my keys,
and I'm like, oh damn, I'm jumping on chass, desperate
to invest inside. Oh my goodness, get me at my budget.
I don't know if I can do that for you,
(21:49):
but we can definitely like create some good financial habits
that make it feel late that right.
Speaker 4 (21:55):
Yeah, like you're busting seas, shaking, dragging. Okay, So we're
going to break it down right after this short break.
It's all about making your money habits as easy as
ordering your breeds, but with way less regret. Welcome back everyone, okay,
V Now, I want to know, once we know our
habit loop, what do.
Speaker 2 (22:15):
We actually Oh, we have so many habit loops. Yeah, like,
so what do we do about them? Well, it's about
kind of keeping the queue, changing the behavior, right, And
I'm going to stop talking about how when I get
home I really need to pee, But that is a
habit I would like to break. Do you know how
stressful it is getting home and you've got like arms
full of groceries, I've got a kid on my hip,
(22:36):
I'm trying to get the key in the door, and
then I'm like, oh my goodness, why do I have
to pee right now. I don't even need to pee.
I paid recently that it's a trickle. But I think
it's so important that example, because I'm not consenting to
that back, like I did not choose that, but that
is a habit that my body has picked up, and
I think it it's a fantastic example of how these
(22:57):
things just happen. I think a lot of people assume
that habits are always good, and habits are always really
constructive or could be destructive, like people are like, oh,
I need to pick up the habit of like brushing
my teeth every morning or whatever it is. But like
sometimes being able to understand that little habits can be
(23:18):
like little nuances about you. Yeah, we can do the
same in our budget and the same in our money life. Right,
So if we want to be changing this and we've
become aware of these things, keep the cue, change the behavior,
keep the rule ward. Yes, So we're just swapping one
thing out so you don't have to change your whole life.
We're just swapping I guess the middle part of that.
(23:41):
So if the trigger is art's the end of the day,
I really want to relax, Like, what's a behavior that's
going to give you the same experience, like, because I
don't want you to have a not good experience. That's
not what we're about. I don't want this to be negative.
But like maybe at six pm and you're a bit
tired and you're like, oh, really, I'm going to order
some Uber eats. What if we swapped it to you
(24:04):
popping on your favorite podcast? Hi, it better be ass
and you're gonna do some dinner prep. Yeah, Like, I
don't want you to have to prep dinner and be like,
oh my god, nurse, this is so boring. Like, okay, well,
can we like listen to a podcast or put on
a TV series while we're doing that, so you like
get the reward while you do the thing.
Speaker 4 (24:25):
It is quite fun doing that when you put something
stimulating on. Yes, then all of a sudden chopping a carrot,
it's not too bad.
Speaker 2 (24:32):
It's kind of enjoyable. Yeah, it's like you're getting a
reward while doing. Yeah, the thing you need to do,
you get double reward. You get rewarding and the reward
whenever I clean the house, I have a playlist I
can share it with you. It's like old school bangers
that you would sing in your car. Yeah, but like
I have to put that playlist on and then I
can power through like an hour of cleaning my house.
But like it doesn't feel so bad when I match
(24:54):
it with something that I enjoy. So that's what we're
looking for, right, So we're not trying to ruin our
own lives because I think so many people think, oh,
watching is going to be so hard. We're like replacing
a behavior or we're replacing something in our budget, but
we're not restricting ourselves. Yeah, keeping the trigger, keeping the reward,
changing the middle one. Because like if I said to you, Beck,
(25:16):
like I'm at your house, let's pretend you've invited me
over and you're like, oh, let's order some Uber eats,
I would very easily agree to that. But what if
I said, oh, let's pop on some music and we
could like prep a cute pasta together. I think we're
both down for that. Yeah, like that we can, but
like we could do cute things on our own as well,
Like instead of you ordering Uber eats on your own, Beck,
(25:38):
could you pop on a podcast, hang out with some
podcasting friends, and chop up your carrots. Yeah, it doesn't
have to be massive in terms of change. It can
be small, like if you're telling yourself, beck, do not
order Uber eats. I need to break this habit.
Speaker 1 (25:55):
Girl.
Speaker 2 (25:55):
That's friction, that's deprivation. That's so true. That sucks, and
then you lose your mind and you want a twenty
years All I'm thinking about is Uber eats. Instead, you're
going to tell yourself have something better prepared and ready
to go in the fridge so that that doesn't feel
like I'm being restricted, because like, oh, like right now,
if I don't order Uber Eats, I have to have
(26:15):
toast for dinner, and I want toast for dinner. We're
going to put something nice in the fridge and start
that loop of prepping our dinner and getting it ready.
And it means that it's easy, but you still get
the reward of having like a quick dinner, and you're
still on the couch and you're still enjoying your time.
But we need to make the new behavior more appealing
(26:36):
than the old one. And I guess I'm harping on
about Uber eats because financially, that is something that lots
of people in our community are saying, like, oh, I
relate to that, And if you don't relate to that.
That's so fine. There's going to be something else, Like
it's so funny. Someone message me the other day in
the libitoraria. You always use uber eats as an example,
but I'm rural, like I don't even have uber eats,
(26:56):
and I was like, first things, first, i'manthis of you.
But second, there's gonna be things that you're doing that
you can go. Oh, that's a pretty simple example Victoria
is using. But like I do X YORZ or like,
you know, maybe you want to prep more fresh food,
but you keep just chucking seam chicken nuggets in the
(27:16):
oven yep relatable, Like, I don't think it's you have
to relate to my Uber eats example. It's just an
easy example. We are falling into a bit of a
system and another thing you can do, and this works
really well for me. Just side note as somebody with
ADHD like really well and I call it habit stacking
or everybody calls it habit stacking, but habit stacking is
(27:38):
where you stack it with an existing habit. So for me,
I'm not gonna lie. I did learn about this on
TikTok and it works really well. But just say you're
like working from home, and you know, the end of
the day is like your trigger. So if I'm being
open and honest, during COVID, the end of the day
was my trigger to have a glass of wine. Yes,
(27:59):
Like I would get to the end of the day
and I would like see five pm and I'd look
at my husband and be like, so is it one time?
Like because that was my break, Like that was the
thing that in my head was triggering going from work
Victoria to home Victoria because we didn't have that like
third period where we were driving or whatever. Also, there
wasn't all that much to do during COVID. Let's be honest,
(28:21):
I think lots of us can relate to that. But
just say, after I close my laptop, I'm going to
go straight to the kitchen and I'm actually going to
play my favorite podcast and start meal prepping. Like you
need to start actively going. I'm going to do this instead,
but make it enjoyable. So it could be a podcast,
it could be TV, it could be music, it could
be literally anything. But we're going to stack one habit
(28:43):
with another. But one of those things is something you
really enjoy doing. So, like a couple of my girlfriends,
I recently have been talking to them about podcasts that
they like listening to. We're really into true crime and
there's a few really good true crime series that you
know if you follow me on my Instagram, like, you'll
know what I'm listening to at the moment. But we
(29:06):
tell ourselves that we can only listen to the good
episodes like the new one if we're out on a walk.
So I want to be more active. I need to
get out more, but like I'm bored in two seconds.
Back walking can be so boring. So I'm like, Okay, cool,
new episodes out. I get to go on a walk soon.
So you're stacking something that you really like doing with
(29:26):
something that you want to do more of. Yeah, so
maybe you're getting yourself a glass of wine to do
your budget. Yeah, okay. We want to reward ourselves, right,
And another way to be setting yourself up for success
is genuinely changing the environment. If I open your phone back,
where's the Uber eat sap?
Speaker 4 (29:44):
He's actually now on the second page. Allay, So you're learning,
you're like trying to take it away.
Speaker 2 (29:50):
That's true. It doesn't work very well, but you know
what small steps in the right direction because you're trying
to change the environment. It's not the first thing that
you see when you open your phone and can often
just trigger a thought of like oh, Uber eats, Oh
that's right, I'm going to X, Y and Z. Or
if like you're prepping food gol, why is it in
the back of your fridge. No one wants to go
(30:12):
to the back of the fridge. You're going to see it.
You're going to see a better option, and that's not
opening the fridge. Like very true, make it cute. You've
got to make a new habit easier to do than
the old one, and sometimes that actually means adding a
little bit of healthy friction to the bad habit. So
like that's when I'm saying, sometimes the fourteen dollar meal
(30:33):
from coals is actually going to save you money. Like
I'm not saying that that is a budget efficient process,
like I could whip up a whole meal for four
people for ten bucks back. Like we're not talking about
what is the cheapest option. We're talking about what is
the middle ground that is going to lower the friction
of you changing that habit and we can get to
(30:54):
the ten dollar meals we can I did a whole
episode on it. But what's the middle of going from
ordering fifty dollars worth of Uber eats every single night
for two people? Okay, well, maybe we're getting two fourteen
dollar meals and keeping them in the freege and just
having them when we don't feel like we want to cook. Yeah,
let's have some easy options. I'm not saying that that
(31:16):
is the most budget efficient way of living life. It
is not, beck, but you've got to make these new
habits easier because at the end of the day, we
just need to create more friction for the bad habit.
Do you know what would make it harder for you
to order Uber eats word? Okay, so you're going to
go on your Uber Eats app. I'm sorry, Uber Eats
simp do that right now. I don't know if you
want to do this. You're going to delete your credit
(31:37):
card details?
Speaker 4 (31:38):
No, that's actually a good idea because then you're like, oh,
I've got to go get them.
Speaker 3 (31:42):
Yeah.
Speaker 2 (31:42):
Do you know how many purchases I don't make online
because they don't have Apple pay or they don't have
my credit card details immediately? And then I'm like, ah,
I can't actually be bothered getting up and going and
getting my credit card and keying in the details. We're
deleting our credit card details. It always snaps you out
of it. Yeah something, and it's lame. And these are
small things, but you have to now get up, go
(32:04):
get your wallet, and manually put your credit card details
in every single time you want to do it. Well,
I just saved you a lot of money, didn't I. Yeah,
that's such a good idea because you have to really
think about it. If I'm going to get up and
go get my wallet, I as we'll go make pasta. Yeah.
Speaker 4 (32:18):
Or if you change your log into two FA two
factor authentication, like with the authenticator appe nobody in the
history of the world.
Speaker 2 (32:27):
But that makes the new habit easier than the old
one in a way. Yeah, So that's what we want
to do. And like it sounds small, but we're creating
barriers to make the old habit less appealing, so that
your brain actually has to pause and go hold on,
hold on. This loop isn't looping. What's my new loop? Oh,
I'm going to go do that because if you're standing
(32:49):
there hungry and suddenly you get up, you have to
find your card dates. No, it's just not going to happen.
You're more likely to think this is actually too hard, basket,
and you're going to go to the free How do
we do that? When it comes to finances, that could
look like, you know, Beck, if you're really bad at
dipping into your savings, which I mean all of us
(33:09):
are at some point, do you actually need to? And
sometimes there's a little bit of work involved in setting
these new habits up. I'm not going to pretend, oh
it's so easy. Yeah, right, it's so easy, Beck, But
like maybe it means you, and I mean metaphorically, not physically,
we're going to go and open a new bank account
with a different company, so you might bank with NAB
(33:31):
and you're really bad at dipping in because like when
you log into yournab account, you can see all of
your money or you're with ing whatever, you can see
all of your money and what's accessible to you. Maybe
we take your savings and put it with a different bank.
Technically they're still just as accessible, but they're harder to
get to because there's that mental barrier. But then also
(33:52):
you're not logging into your daily spending accounts and having
a look at how much cash do you have? Beck,
you don't see your savings in that moment, because your
savings shouldn't be an option. Like if we're ordering oubreits
or we're checking our account to see, you know, how
much have we got to spend at the grocery shop tonight,
like I don't want you to then go, Or if
I transferred an extra fifty bucks from my savings, we're
(34:13):
not giving ourselves that option. And don't get me wrong,
we're in twenty twenty five. If you needed to transfer
money from your savings to a different bank, OSCO exists,
it's going to happen instantaneously most times anyway, So we're
not actually making our money out of reach. You're in
an emergency, you still have your emergency fund. Maybe that
just needs to sit out of sight, out of mind,
(34:34):
and that can be quite constructive. It's like, and I
know that there's another barrier to entry here for you personally,
but you shared that you have now more than five
hundred dollars in your investing account, which is so cool,
But like that barrier to entry is it's on a
different platform. Yeah, you're like, oh no, I can't touch that. Yeah,
so can we create that again? When it comes to
(34:55):
money I think we can. That is a really good
point for you. We need to and you know what,
I know we need systems because I need systems. Yeah,
I need systems. I need my money to not be
as accessible because I do get a little bit tap happy,
a little bit spendy. But I know that about myself,
and I'm fine to talk about that. But what am
(35:15):
I putting in place so that when I'm in that
mood of being, like I do really want to go shopping,
I'm not able to do that as easily. So like
my savings do sit with a different bank, and that
bank account I don't have a debit card, so it's
like a savings account. Yes, I can technically go in
there and transfer money out and back to my other bank,
(35:36):
but I'd have to log into a different banking app.
And like if it's out of sight for me, often
it's out of mind totally. Like having to log into
something else is like a little reminder that maybe I
shouldn't be doing this.
Speaker 4 (35:49):
A side note, I did actually do that the other day.
Now I have three bank accounts. I don't know if
that's too excessive, but one of them I'm not allowed
to see.
Speaker 2 (35:54):
I have so many bank accounts. You can have as
many as you want. Lots of people in our community
have up bank, like they really like Upmang and they
have like lots of different savers and whatnot. And I
think that's great. You think Jessica Rifke's banking system she has, like,
I think it's like fourteen different savers. Oh my god,
that's so good. But like you can cut it and
slice it and dice it however where it works for you.
(36:15):
But I want it to work for you. That is
so tru y. Okay, So hypothetically.
Speaker 4 (36:20):
We've kind of like we're on this new path that
is leading us to better places.
Speaker 2 (36:25):
But if like I do fumble stumble, I'm a fumbler.
I'm a stumbler, and I do get uber eyes.
Speaker 4 (36:32):
Yeah slay, Well, I just will like in my brain,
will that kind of like reaffirm the habit that.
Speaker 2 (36:38):
Exists or well, it does reaffirm that habit, and it
does sometimes set up a really negative self talk, like
you might go, see, I am really bad at money.
See I'm not good at this right? Yeah cool, you've
just fallen into a more comfortable behavior. I can't judge
you for that. You shouldn't judge you for that. Something
that helps me significantly is visuals. I'm a visual learner.
(37:00):
Like I love a picture, I love a graph, I
love a flow chart. I love when people draw things
on whiteboards. I like, oh, that makes so much more sense.
Now you draw a bubble around it. Let's make it visual.
So if your habit isn't visual, it's often very hard
to forget. You want to be able to see your
progress so that your brain registers that something good is happening.
(37:20):
You can use you know, tracking apps and spending apps.
But like go on my website beck there are free
savings trackers. You can print them out. They are so
asthetic because our graphic designer did a slagh job of
setting them up. But you can print out a tracker
and pop it on your fridge and color in a
bubble every time you meet a savings goal. You could
have a habit tracker where every time you literally don't
(37:42):
get ubrets, you give yourself a gold star. I love
a gold star. Yeah, gorgeous. I love the idea that
I can track things, post it notes on your mirrors,
a note on your fridge with your actual savings goal
or your spending limits, Like maybe there's a paper calendar
that you can tick things off or draw things on.
I think when it comes to habits, what triggers your dopamine? Sure,
(38:06):
make use of that. Make if I use dopamine as
your best friend? Okay, okay, but how do we do that?
We want those dopamine hits, but I want it to
be associated with your money and good habits and creating
habits that make sense to you. But beckwi humans you
said before, like, oh, like if I order your breathes, like,
am I a bad person? Absolutely? Not like a You're
(38:29):
not a robot? Ew No, thank you. You're not going
to get it right every single day. Like there are
going to be times that you fall off the bandwagon,
and you know what, that's fine? Do you know what
that does? It reminds us do we still want to
be doing this? You'd be like, yes, I do. I'm
just going to get back on the horse. It doesn't matter.
Your money does not define you as a human being.
(38:51):
Have you ever looked at somebody and mean, like, she's
so good at budgeting. I want to be her friend?
Unfortunately not except for you. No, but hopefully you don't
want to be my friend. Because I'm good at money.
That's so key, weird, beg. I've never looked at someone
and been like, oh, she's rich, I want to be
a friend. And if you are looking at people and
want to be their friends because they're wealthy, weird, so weird.
(39:13):
Maybe like missing one or two days of your habits
it doesn't matter, like, yeah, might impact your progress. Cool,
we can push timeframes out, that doesn't matter. Just be
kind to yourself. If you can't be kind to yourself,
how are you expecting other people to be kind to
you right? How you're going to stick to anything? If
your internal monologue is I think just showing up is
(39:35):
the most important part. And if you don't feel like
you showed up today, that is absolutely fine. You can
show up tomorrow. That is so fine. It's what creates change,
It's what's going to create good habits. And I think
so many times we tell ourselves I'm so bad at money,
or I'm not good at this, or I'm never going
to be good at that. Beck money is genuinely not hard.
It's hard because we've never done it. Yeah, anything is
(39:57):
hard when you've never done it. That is a really
good reminder. Definitely something that I think we all probably
hear literally, and you're literally one of the most creative
people I know. Thank you. How did you know how
to do like clay arts? How do you know how
to fire things? Research? Right? Yes, that's very true. But
like if you can teach yourself six million new habits
(40:17):
like that or little crafts or little hobbies, I promise
you can learn about money. Money is not that hard.
Oh my god, that is so true, Like I promise. Wow,
what a spiritual awakening this has been. Anyway, I think
just starting small, making it obvious, giving yourself a little reward,
and just keep going. You're not failing. You're actually learning.
Like when we're not working something out and you're saying,
(40:38):
oh I did that wrong. You didn't used to see
that is wrong? Yeah, like you're learning, you're creating your
own boundaries, and we love to see it. Every time
you show up, even in a tiny way, you're actually
just reinforcing a habit that future you is going to
love you for. We love to see that. We love
to see that exactly. Yeah. I really needed this talk today,
So thanks. Sorry, Sorry, I didn't mean to make you
(40:59):
feel like ACKed by me going change your habits change
your life. You know, I personally really needed this.
Speaker 4 (41:06):
So if you've got a friend who keeps saying I'm
just bad with money, make sure he shares.
Speaker 2 (41:09):
Remember you're just not prioritizing her.
Speaker 4 (41:12):
And also, how do you know if you haven't been taught,
don't forget to subscribe so you never miss an episode.
Because we've got so much more money mindset goodness coming
your way.
Speaker 2 (41:21):
And we're like really smart, and we're really smart yeah,
and like really hot yeah, and also yes, very hot.
Don't give version. We have faces for audio. Yeah, just
trust us. We're really hot. Yeah, trust us. Anyway, have
a good week, guys. By guys, did buy Shared or?
(41:45):
She's on the Money is general in nature and does
not consider your individual circumstances. She's on the Money exists
purely for educational purposes and should not be relied upon
to make an investment or financial decision. If you do
choose to buy a financial product, read the PDS TMD
and obtain appropriate financial advice tailored towards your needs. Victoria
(42:06):
Divine and Sheese on the Money are authorized representatives of Money.
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afs L four five one two eight nine
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