July 14, 2026 • 40 mins
So they have a Cartier bracelet, but no emergency fund. Or they own a home… but have a $5k monthly mortgage. What actually makes someone rich versus what makes them wealthy?
This Deep Dive goes into some of Victoria and Bec’s earliest money memories to explore their first ideas of wealth and what it meant to be ‘rich’. They discuss clichéd wealth indicators from designer bags and luxury cars to who is allowed to be rich, whether there’s a difference to being wealthy and the realities of the upward comparison effect.
This episode is less about ‘what the new rich looks like’ and more about the systemic beliefs we’re raised with versus realisations of what financial security and confidence actually feel like.
Tune in for questions concerning acquired wealth, private school and boujee pencil cases.
KNOW THYSELF: What’s your money mindset? Get acquainted with our quiz.
MASTER YOUR MINDSET: A playlist to help you transform your relationship with money.
HIT THE BLOG: Are they wealthy or are they just rich? We devoted a blog to this topic.
New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you.
Acknowledgement of Country By Nartarsha Bamblett (nartarshabamblett.com.au)
The advice shared on 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 Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289.
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Speaker 1 (00:00):
She's on the Money.
Speaker 2 (00:02):
She's on the Money. My name's Snatasha Bamblet.
Speaker 3 (00:11):
I'm a proud First Nations woman and I'm here to
acknowledge country. Hello, beautiful friends, we gather on the lands
of the Aboriginal people. We thank, acknowledge and respect the
Aboriginal people's land that we're gathering on today. Take pleasure
in all the land and respect all that you see.
She's on the Money podcast acknowledges culture, country, community and connections,
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Speaker 2 (00:32):
Hello, friends, and welcome to She's on the Money, the
podcast where we discuss all of the issues concerning your
wealth goals so that you feel more in control of
your financial future. I'm Victoria Devine and right now I'm
here to address the elephant in the room that is wealth.
When did you first realize where you or a family
(00:53):
member stood on the financial ladder. Maybe it was during
play lunch at primary school, law Perhaps you were at
a birthday party when you saw the kinds of presents
other kids were getting. Or maybe, like me, it was
the fact that your aunt and uncle always had Coca
Cola in their fridge and they had a fancy French
door fridge. Ah, no matter what your current relationship with
(01:14):
wealth looks like today, some of our earliest ideas of
what it means to be quote rich can continue to
shape our money stories over time. So today miss Beck
SAYEDA and I are going to be discussing some perhaps
polarizing ideas about wealth and what it actually means to
be rich. So Beck, welcome to our deep dive.
Speaker 4 (01:36):
Thank you so much for having me. This is a
very exciting one. I feel like it's it's so nice
to discuss like wealth and rich. I mean, what does
it all look like? It depends really and what well.
Speaker 2 (01:47):
Mean and what's real and what's not exactly right?
Speaker 4 (01:51):
So where do we begin?
Speaker 2 (01:53):
Right? I feel like I'm in the driver's seat this time,
and it's usually you in jewrying and then you're in
the driver's seat. But I want to start. What is
your earliest memory of wealth? Like when did you first
understand what it meant when you said someone was rich?
Speaker 4 (02:08):
I just remember my mom always saying that we didn't
have money. We didn't like She's like, I can't get
that we don't have money, and I didn't really even
know what that meant. And I remember I went into
a shop once and I had like five dollars and
I went to buy something that was very expensive, and
my mom was like, you literally can't do that, you
don't have money. And I was like, no, I have
five dollars, They're going to give me change. And I
remember not really understanding the concept obviously of money at all.
(02:30):
Oh yeah, yeah, but just thinking like, well, if you
have any amount of money ever, then that's fine. But
then yeah, as you grew up, you kind of like
start realizing what that kind of looks like. And all
you know is if you're told you don't have money
but this person does, then you don't know what that
looks like yet, but you just know that you can't
(02:50):
do something that they can. It's all very blurry, fair.
It feels like fire. That's annoying, but you also just
get used to it. I think after some.
Speaker 2 (02:59):
Time, indicators and I feel like they were for me,
like play lunch, when play lunch, play lunch? Wait, what
did you call recess?
Speaker 3 (03:10):
Yeah?
Speaker 2 (03:10):
You play lunch or little lunch is what we called
it too. Oh, we called it play lunch, play lunch. Cute,
You're really lame. No, that's the cutest name for what
a Tasmanian thing. Maybe, Oh my god, I've noticed that
my friends call it year twelve and year eleven. Yeah,
and I always called it grade twelve and grade eleven. True.
And I don't know. There's just like little things about like.
Speaker 4 (03:33):
Totally did you have kindy? We had preschool kindy? You one,
you two, et cetera. But I think I don't know
about you guys, but you do you have prep?
Speaker 2 (03:41):
Yeah? We had kindergarten and then you had and we
had prep. That's crazy, is it? Yeah, it's crazy.
Speaker 4 (03:47):
That's all in the same country as well.
Speaker 2 (03:48):
Oh but like for me play lunch, it was like,
I think in like grade one or two, I started
to notice that kids had like the Smith's chips yeah yeah,
and there's no way we would have purchased Smith's or
like the ELCM bus yeah yeah. Yeah. That was bougie. Yeah,
and it wasn't health related. So I know that my
(04:10):
mom wouldn't let us have roll ups because she was like,
they're so bad for your teeth, you're not having them.
And it was never about money, but they're like quote
at the time, I feel like elsmbar or whatever was
a healthy option. It's not just spoiler, but I feel
like I just thought that those were the rich kids
because they had the fancy holographic foil packaging and yeah,
(04:31):
the white at the time, my mom would buy And
this is no shade. My mum was just an economic queen.
Sure the Biloa do you remember biload They were white
with the stripes blue light blue stripes. Yeah, but I
had the green stripes if it was chicken flavor, and
the pink stripes if it was salt vinegar. They're the
ones that I had lutely, and I just remember being like,
maybe mine aren't as good as other people's.
Speaker 4 (04:53):
Yeah, okay, I know what you mean.
Speaker 2 (04:55):
Maybe they are better than me, but I didn't know
why or how. But were there any other things for
you growing up that kind of felt like that.
Speaker 4 (05:05):
It was probably less so in the I guess, like
in the playground, and more so like going out and
doing things that your friends were doing, and so like
you know, if you you know everyone was meeting at
the shopping center, it's like maybe your friend has a
lot of money to spend on things, and you just
you can just tell. It's like almost like a feeling
that you can feel is that you can't do something well,
(05:28):
like there is some limit to your and at the time,
it feels like a limit to a joy. It's like
there's a limit here, and so like, yeah, going to
the supermarket, or going and meeting friends when you go
to the movies, just like clothes, shoes, like all these
things that you were just like, I'm not matching them
in this way. Yeah, and I would love to. But
there's like a it almost feels like a block, Like
(05:49):
it's like if you've never had it, you don't know
that you're missing out. There is a block there where
it's like I don't know what that extra unlocked level
looks like. No, and so I don't feel like I'm
lacking anything. I just can't see it.
Speaker 2 (06:04):
I remember the name brand pencil cases were a big
deal at school.
Speaker 4 (06:08):
You would keep your name out of those, always a
different I'm thinking, like you cut like your name out
of the little cardboard. You'd slide them into the well.
Speaker 2 (06:16):
We had those, but we also like girls would bring
like the Roxy or the Billabong pencil cases from the
surf shop. Yeah, they were really cool, cool, they were
cool girls. And then the other thing that I'm remembering
now is. For some reason, I cared deeply about my
school shoes, yeah, and having the name brand school shoes,
(06:38):
even though they were just black school shoes. There was
nothing to write home about them. Yeah, but I just
wanted what everybody else had. And I don't even think
it was a bad decision. It wasn't like a rich
versus wealthy like my parents couldn't afford it. It was
my parents were like, Vitraya, you don't need one hundred
and fifty dollars school shoes, like right, these ones are better,
(06:58):
they have orthotics, they like they were trying to do
the right thing. But all I wanted to do was
fit in and have what the other kids had. So
I just in my head had this idea that the
kids who had the name brand school shoes were better
than me. Yeah, And I don't know why, Yeah that
even makes any sense, but I remember feeling that quite
deeply and being really upset that my mum wouldn't let
(07:20):
me have the ones that weren't good for my shoes,
for my feet. She'd be like, no, Victoria, if you're
gonna wear these every day, like you're gonna have these
other ones. And I was just honestly beside myself that
I just didn't have what the other girls had for sure.
Speaker 4 (07:33):
And I guess if it's something that's like, you know,
the school uniform, maybe they all look the same, but
it's something that's very obviously either it is or it
isn't the quote unquote good one, you know.
Speaker 2 (07:43):
And I feel like that just scratches the surface. So
we're going to take a really quick break, but when
we get back, we're going to unpack our current understanding
of what it actually means to be rich versus what
real wealth actually looks like. Welcome back to She's the Money,
the podcast that explores the origin of our money stories.
(08:04):
We've touched on some of our earliest ideas of what
being rich looked like growing up. In some instances, those
perceptions weren't valid at all back while in others our
ideas of wealth were honestly really exaggerated. Like do you
remember the show Richie Rich? Yeah, and that kid who
like just was really rich. I thought that was what
rich was, right, Obviously, it's like having tennis courts and
(08:26):
flying in helicopters and being wildly unrelatable and really rude.
Speaker 4 (08:31):
Yeah, totally, Like you've got to be a little bit
mean if you're rich.
Speaker 3 (08:34):
Yeah.
Speaker 2 (08:34):
Yeah, And like from a very young age, it was
fed to us that rich was not good. Yeah, like
evil dictators and stuff. They were always rich, weren't they. They
always had so much money to do evil things and
all the good people were just human beings.
Speaker 4 (08:48):
Yeah, that's so true. Whouys kind of like that.
Speaker 2 (08:51):
But this narrative that rich isn't good has been fed
to us, and I guess we weren't really able when
we were younger to grow us what it actually looked
like in everyday situations and what this has actually taught
us about narrative and what we tell ourselves about rich
and what we tell ourselves about money, So our understanding
of wealth and what being rich is. I don't think
(09:14):
they are the same, and I think that they're very different. So, beck,
what today makes someone seem rich or wealthy to you
in a here and now in terms.
Speaker 4 (09:24):
Of like money, it would just be honestly being able
to pay for things that without crippling anxiety, like I've
got to go get my car serviced and maybe I'll
book my current for a service or something like that.
It's like, WHOA, you've got your shit together, Like this
isn't going to financially ruin you getting your car service
(09:45):
right now, You're just going to book it. That's crazy.
That for me is like you're doing well, but that's
only like in the financial kind of way. Rich obviously
has a hot takes on a whole new meaning in
so many different ways. It doesn't necessarily just mean money,
but for that kind of yeah, it's just like being
able to do things that are necessary or even just
like luxurious, but main maintenance of yourself and of your
(10:09):
life and of the things that you own without any stress.
Speaker 2 (10:12):
I think, is it like a visual indicator for you
or is it more of those like background things like that,
hold on, you must be wealthy. You're making these decisions
without any thought.
Speaker 4 (10:24):
Exactly, and that that is the crazy thing, is that
like I don't I don't know someone who looks rich
like or maybe like maybe Pilate's outfit, because I'm like, oh,
you can that's rich. You can afford of earth are subscription?
Is that what it's called?
Speaker 2 (10:38):
I think so membership a membership. Yeah, yeah, they're kind
of rich, they're kind of rich.
Speaker 4 (10:43):
But otherwise I don't see really any visual indicator I
feel like.
Speaker 2 (10:47):
It's so interesting because is it about like your net worth,
like how much you have in your bank account, or
is it about assets and you know, the things that
you have, or is it like luxury and material things?
And I just remember so vividly. Yeah, and like I'm
just calling myself out here, so like, I am very privileged.
I think that now if I laid everything out on
(11:10):
the table, everyone in our community would be like, Victoria Devine,
you are wealthy. Like I have a very nice roof
over my head, I'm able to pay my mortgage, I
have a really nice savings account, I have my emergency fund.
My husband and I invest like we are comfortable. And
you know, it always makes me feel a little bit
(11:31):
guilty when I have conversations like this and you're like, wow,
you can just book in and get your car service.
And I'm like, well, yeah, like I can. What a privilege,
Like I'm so lucky, and I'm just I'm grateful that
we can have these conversations and be in such different
positions and not be like, oh rude, like we just
I'm glad that you're where you are, and I'm trying
(11:52):
to get you further and like getting you in the
best possible position. But I also think that it's not
lost on our community that I have worked really hard
for this, and I grateful that they see that. And
it's not just like, oh, Victoria's rich, what a snob?
Like I just can't imagine anything worse, you know, like
I can't imagine you going, oh, she's so unrelatable and
I go, oh, oh that's awful, Like I want to
(12:13):
be No anyway, I just I feel really grateful having
these conversations that that turns into guilt for me. And
it's I know, such an interesting dynamic because I want
to talk about wealth more, but I also don't want
people to think that I'm just hear bragging.
Speaker 4 (12:28):
No, And isn't it funny that you're teaching or like
you're you're I want to say, you're teachings like you're
like a cult leader, but I would like to be
a cult leader.
Speaker 2 (12:36):
Yes, that is what I've been working towards.
Speaker 4 (12:38):
Like the end goal is financial freedom. And so isn't
it funny when it's like when you get there, you're like,
now I feel bad. Now I feel like everyone's going
to do Yeah.
Speaker 2 (12:46):
No, that's what we're trying to get to but also
I want this for you. Yeah, exactly, girl. It feels
so good.
Speaker 4 (12:52):
Yeah, it's so nice to.
Speaker 2 (12:55):
Have a conversation in the morning with my husband and
he goes, oh, my, can't need a service, and I
go bad book it in totally like we aren't stressed
about that because we know that our money is sitting
there ready for those conversations and ready for those things.
Speaker 4 (13:07):
It's not a stress.
Speaker 2 (13:08):
Like what a privilege it is to not have to
sit down with my husband and go, Okay, cool, we
need to do this and this, and I just don't
know how we're going to get that to work. Yeah,
like at the moment, that's not where we're at. We've
been there, it's been stressful, but like, to me, it's
such a privilege. Anyway, let's move on from that, because
I can feel like it's not as productive. But for me, historically,
(13:30):
when I first kind of came into money, you could say,
when my businesses started, you know, producing enough profit that
I wasn't just scraping by anymore. Like once I and
this was not that long ago, Like, it's not like
I've been in this situation for more than ten years.
I haven't. I haven't even been in this situation for
five right, But I just thought that designer goods, that's
(13:52):
what I should be spending my money on, right, Like
I want a Louis Vaton bag, I want a Krtier bracelet,
I want all of that. Going myself out sitting here
wearing a bloody Cardier breas hell, I get it, But
I just I remember those things to me were so
much about achievement, like, oh, she's wearing that, she must
have done some really cool things, or she must have
(14:14):
achieved this and done that. And now I just I
could not care less, Like I cannot think of anything
worse than somebody having the Cartier bracelet or having the
really expensive handbag and not having an emergency fund. My queen,
what are you doing? Like your vision changes? And it
just what's driving this, Like it's the idea of colonization
(14:37):
coming into capitalism, and I just it frustrates me because
I just why do we have to live in such
a capitalist society where the perceived indicators are not the
same as the actual ones. But we see these people
running around with heaps of debt and really nice cars
and really nice everything, and we think that's success. Whereas
(14:57):
the people who are driving the old bomb of a car,
who are like I don't need anything else and have
financial freedom in the background, they're the ones that are
really living. Yeah, yeah, totally, Like that's a slay to me.
Whereas the stuff take it or leave it, like it
doesn't actually make you happier. And if you're always looking
for the next thing to purchase, what you're telling me
(15:19):
is that you're just not happy with what you already
have at home exactly right, Like, and how can you
be grateful for the next thing if you're not even
grateful for what you already have?
Speaker 4 (15:28):
Yeah, if you're always like, oh, I need to be here,
I need to like you're just like constantly looking forward
and you never you're never living your current life. You're right, ever,
be really here, do you know what I mean? Like
you're just like when I get there, When I get there,
I'm going to start living. It's like, okay, but you
so so far you haven't lived and you how long
(15:48):
have you been here? Do you know what I mean?
It's like you got to start living now, yeah, And it's.
Speaker 2 (15:51):
Like, I don't know it's even now I have children.
This conversation of like public versus private education. Am I
kids it under tooth, so like this is not a
conversation that I need to have. But it turns out
when I was asked at, I just had like a
mother's group catch up with like a group of mums
that I met, not my actual mother's group, and they
(16:12):
were like, oh, what schools have you got Hovey done for?
Speaker 4 (16:14):
I was like, what, hot so early?
Speaker 2 (16:16):
And they're like, yeah, like you put them down when
they're born. And I was like oh what and they're like, oh,
you haven't done any schools And I was like no,
I thought you just picked when you were meant to
send them to school. Like to me, that was a
wealth versus like not wealthy indicator because I was like, oh,
that's not how I grew up, Like I went to
public school and like we just went to the school
(16:37):
where we were And I remember it was a whole
thing when I was in grade six, Mom and dad
trying to get me into the like the local Catholic
school because like it was a better educational opportunity and
like I had to see if I got in or not,
and I did, thankfully, But like that was you know
when we were talking about it, Yeah, I didn't know
that you were meant to put yourself down, all your
kids down, for your private education. And then it got
(17:01):
me thinking. I went home and I said to my husband, Hey,
did you know? And he was like yeah, oh, like
wait what He's like, yeah, we really should be talking
and thinking about this, and I was like, should we? Like?
And then it opened this whole conversation about private versus
public education and you know, what I want for my
kids versus what my husband wants my kids, and think, God,
we're on the same page about that, but just do
(17:23):
we want them to go to a private school?
Speaker 3 (17:25):
Yeah?
Speaker 4 (17:25):
Yeah, yeah, beyond.
Speaker 2 (17:27):
The education because again privilege. I live in an area
where the public schools are really well regarded. Yeah, what's
the difference between sending my kid to a public school
versus a private school? Is that private school going to
give a superior education or is it just going to
surround him with more wealthy people? And is that what
I want his life to look like? Is that the
(17:49):
social circles I want him to keep? Do I?
Speaker 4 (17:52):
I don't know, I totally agree I'm going to because that's.
Speaker 2 (17:54):
Not the social circles I keep like most of the people,
and that's not a bad thing. It's not a good thing.
I don't care that, Like, I just look at it
and go some of our best friends are in trades.
Some of our best friends you know, or went to
public school. It's just they're not the circles I have.
And you might have gone to a private school and
have an incredible circle of friends. But I'm really seeing
that divide at the moment between my experience and my
(18:18):
husband's experience, who did go to a private school and
has like more wealthy friendship circles, and like just it's
different to what I.
Speaker 4 (18:26):
Have for sure, And I think that like it definitely
builds some sort of like you start understanding that your
experience is not the sole experience. Ye, it is very
valuable and it doesn't matter like if your experience is
good or bad or anything between. It's like just just
even knowing that you have lived a life that is
not exactly the same as everyone else, and some people
might have worse lives and some people might have better lives,
(18:48):
and just like knowing that is really important. Yeah, So
I think that I back that. I back that completely.
Speaker 2 (18:54):
But it's a hard conversation to have because you're, like
I want to do the best for my kid. But
what is is it rich? Like is it the rich
decision of being like, yeah, cool, we're going to send
them to private school or I don't know. I've had
a friend recently pull their kid out of private school
to send them to public school because they were like, Victoria,
I just wanted more community, and I feel like the
(19:16):
private education system doesn't lean into that in the same
way that the public education system does. Like she's like,
I'm here for the sausage sizzles, I'm here for the fundraisers.
I'm here for all of that, and I want my
kids to see that and they don't see it in
the school that they were in. Like, Okay, that's really
important for me too, for sure. Hard decisions, right Anyway, Beck,
we have covered I think our earliest memories and what
(19:38):
we've been chatting about, and I guess some mixed perceptions
on what wealth actually looks like. But I feel like
there's so much more to it, and I want to
bring in a little bit more structure. So when we
return from our break, we're going to dive straight into
some social stigmas. All right, you are here just in time,
my friend for the juicy part beck who's a lo
(20:00):
to be rich?
Speaker 4 (20:01):
Who's allowed to be rich?
Speaker 2 (20:03):
And do we actually have a problem with rich people
or do we have a problem with elitism?
Speaker 4 (20:07):
Oh my goodness, that's a really good question because it's
like everyone's alwed to be rich, and I think yes,
it does feel different when it's like comes from someone
who has been brought up rich. Maybe they're a Nepo
baborn with a silver spoon.
Speaker 2 (20:21):
Yeah, there's so many like that's fine, like fine, fine,
But like as a society, I feel like we deem
some people allowed to be rich and other people not.
And I'm finding that the defining factor between those two
things is elitism. Yes, yes, true, it's okay if we
say that they're self made. It's not okay when it's
elon musk right, right, do you know what I mean?
(20:42):
Like you're like, oh no, like the rich get richer.
And there seems to be more negative connotations associated with
one term or the other, Like why is it much
more socially acceptable to be perceived as wealthy than to
be perceived as rich? Like earlier in the episode, I
said to you, if I laid everything out and showed
(21:03):
you my entire financial like life, you would say that
I'm wealthy. Why didn't I say that? You would say
I'm rich? Right?
Speaker 4 (21:10):
True? Yeah, because I guess like rich has this idea
that like they're on yachts and they're like flying, they're
like absolutely destroying the earth with all of their like
bits and bombs.
Speaker 2 (21:22):
Yeah, but then I don't know somebody doing something social
and something for the environment if they got rich. You're like, yeah,
pop off, that's so like David Attenbrough incredibly rich.
Speaker 4 (21:35):
Yes he should be as he should be.
Speaker 2 (21:37):
That's so true exactly, But you would call him wealthy,
wouldn't you, elong Musk, Is he wealthy or rich?
Speaker 4 (21:43):
That's true, he's rich, right, Maybe it depends how much
you're destroying the planet.
Speaker 2 (21:48):
Yeah yeah. But then there's just like layers of like
honestly elitism and like true audacity and ego and you know,
like I guess the question is how do the ways
that we acquire wealth affect our perceptions? Like is it
good when it's like a tech startup, right? Maybe not,
(22:08):
But it seems to be good when it's a blue
collar job, like when it's a trades person and they've
worked hard and it's physical lay But like this idea
that you know a guy who built a building company
and got really wealthy. Yes, lay, is it okay for
politicians to have a lot of money?
Speaker 4 (22:25):
God, it really depends, right, Yeah, I know what you mean.
Speaker 2 (22:29):
Right, And you go, oh, hold on, there is a
divide between who's quote allowed to be rich in our
mind versus not, And that's wild like trades people versus academics.
Like you go, oh, well one worked really hard.
Speaker 4 (22:43):
Oh my god, that's so true. And it's like, well,
using your brain to build an app, for example, isn't
It would be extremely hard work. But you can't see
like this physical kind of you know, callouses on your hand.
Speaker 3 (22:57):
Yeah.
Speaker 2 (22:57):
I was about to say, but you've got soft hands.
Speaker 4 (23:00):
Yeah, But like that's also equally that's that's very very hard.
Speaker 2 (23:03):
Yeah. And then like the overlay of like marriages and
inheritances and family trust and like having trust fun kids.
You go, oh no, yeah, but like that's not the reality.
And please don't get me wrong. I have in my
lifetime had the privilege of working with some ultimately wealthy people,
Like literally I've had billionaires that I have worked with
(23:24):
and helped manage their portfolios. Yeah, never on my own
like not going to take that. But I have worked
with people who are trust fun kids. Sure, and there
is this I don't know, trust fund kid. Immediately you
think richie rich. Yeah, you know that show that we're
talking about before. Yeah, that's not true. Like the trust
(23:45):
fund kids that I've experienced, some of them have been
wildly out of touch, wildly and it makes me want
to pull my hair out and scream at them at
their family constitution meetings and just like absolutely not. But
some of them have been some of the most kind
people I've ever met. They've got the best emotional intelligence
of some Like it's just it's wild because they go
(24:06):
against every single stereotype. And then beck is it if
I say crypto, yeah, you made your money there, you're rich?
Are you wealthy?
Speaker 4 (24:15):
You're rich? Yeah that's true.
Speaker 2 (24:18):
What about like day trading a lot of winning, Yeah
that's rich.
Speaker 4 (24:21):
That's rich.
Speaker 2 (24:22):
If you like made money gambling.
Speaker 4 (24:24):
Gambling, I would say rich too, Yeah. Yeah. Why I
think it's I think it's must be this thing of
like and it does go back to privilege, and I
want to say, like privileges not like it doesn't mean
you have not had a hard life. It means that
there are aspects of your identity or aspects of your life,
or aspects of whatever that have made it harder to
(24:46):
get where you are or to get to where you
want to go. And so I feel like it's this
acknowledgment of of like, hey, I got here quote unquote
the easy way, and I know it's not that easy
for other people, and so like if you don't, if
you're just a bit out of touch, then you are rich.
I feel like you're like, oh, it's so easy, you
just got an xoz and not acknowledging anything that other
(25:10):
people have different experiences, different journeys. Yeah, I think is
what rich is.
Speaker 2 (25:14):
And then it's like this question that I have does
having more money mean that you should be spending more ethically?
Like why am? You know? And like I know why,
but like why do we hear about billionaires who aren't
spending ethically? Like why is that pressure being put on us?
And like why is that a narrative?
Speaker 4 (25:35):
Sure?
Speaker 2 (25:35):
And like are you allowed to steal shop at kmart
if you're above a certain net wealth? Like waste the line? Yeah?
I see God, this is really like I say that
specifically because I remember last year, like before I was
pregnant with Cami, I had a favorite pair of jeans
and I still have them. I don't fit in them,
no shade to those genes, but I did have a baby.
(25:56):
It's still my favorite. I'm holding them close. I would
like to fit back into them. They're fifteen dollars. They're
the mum Jean from Kmart. Just got anybody flying around
who might also want a really good pair of gees.
They just cut perfectly and like, as everybody complimented me,
including you, the bum looks great in them. Hell yeah,
I love them. But I remember posting like a selfie
(26:16):
on Instagram just on my stories. The amount of people
that were replying and they're like, hey, where are your
Jeanes from there? Phenomenal? And I was like, great, they're
just Camart And people are like, oh wow, that's crazy,
Victoria Devine shopping at Kmart.
Speaker 4 (26:28):
You're allowed.
Speaker 2 (26:29):
I didn't even think the bar was that low, Like,
what do you mean I love a cam up bargain.
Oh yeah, but I think that there was, you know,
maybe for newer followers or people who haven't followed my
whole journey, they were like, oh yeah, she's like got
a bit of wealth, like she doesn't shop at Kmart.
And then I remember one of the comments, and this
is why I brought it up. They asked me where
(26:50):
a jeans were from. I said they were from Kmart.
She was like, that's incredible. I didn't think you'd shop
at Kmart. I thought you would be more ethical than that. Oh,
And I remember being like, oh, oh, oh, I see,
like good point, because I could point I can afford
a more expensive pair of jeans. But I don't know.
I just really liked them, and I love a Kmart
(27:10):
shopping trip. And I don't think if they'd asked any
one of their girlfriends like that, maybe they saw on
the same level as them. I don't think if they'd
been like, oh, hey, Beck, for example, where Egene's from
you said came out, they'd be like, oh, pop off, queen.
But then I got the shade for having purchased something
that could be deemed not as ethical.
Speaker 4 (27:30):
I see, I can see that. I can definitely see
that that argument. I didn't. I really hadn't thought about that.
But I guess if you were like, we're very shielded here,
and it's it's like we do have the luxury of
ignoring where our clothes come from, because the second the
topic changes, we're back in our own reality. We're not
(27:50):
in a sweatshop right now, seeing it. I think if
we were, so, I think that it's like, yes, we
all have a responsibility to educate ourselves on where things
come from and things like that. But I think that
it really is a tricky one. I can understand the
argument for sure, like if you can afford to be
more ethical.
Speaker 2 (28:07):
Yes, but then also, why do I have to? So,
don't get me wrong, I get it, and I think
it was something that I went, oh, that's a really
good point. I didn't like it at the time, like
I responded, oh, okay, thanks, like I didn't do anything
about it. But I really stewed on that for a while,
like I sure. I was like damn, Like she's right,
(28:30):
Like I should be being more ethical, and like I'm
I don't know. I'm the type of person that keeps
something in my wardrobe for ten plus years and I
keep wearing it totally. And there are some things from
came out in my wardrobe still from ten years ago.
You pry them from my cold dead hands. I love them. Yeah,
but moving forward, I should be making more ethical decisions
and I should be doing these things. But to me,
(28:51):
that's then a wealthy mindset. That's not a rich mindset
because rich people are frivolous and they don't care. Yes,
and that's me then stereotpe, I think it.
Speaker 4 (29:00):
Again, right right right? Yes? Absolutely? But no does it?
Speaker 3 (29:03):
Yeah?
Speaker 4 (29:04):
Does that mean you're not allowed to go into two
dollar shops? You know a lot of like to what ends?
Do you know what I mean?
Speaker 2 (29:09):
Like and where's the line?
Speaker 3 (29:10):
Yeah?
Speaker 2 (29:10):
I think you know, there's this conversation of the ethics
of buying luxury items, like then do I buy luxury items?
And then people will be quite happy with that? But
what if they're made in poor working conditions like you
mentioned before, Like, oh well, what if it was made
in a sweatshop? How do we know what our sourcing
(29:32):
journey has been and what that looks like for sure?
How do you know how do you benchmarkt what's the expectation? Like,
I just I feel like there's a lot Yeah, absolutely,
So do you think this perception of like rich versus wealthy?
And like, to me, this is more of an episode
that's kind of like a conversation start up. I think
(29:56):
that we have a lot more work to do in
this space of understand what these things mean. Because my
money story is such that rich equals bad. And I'm
not saying it's it's a bad thing now because I'm obviously,
like quite reflective of it. I'm on a podcast talking
about it. But I look at it and I think, Okay,
(30:17):
but why do I feel that way? What is this
like rich is bad? Like I don't I would be upset.
I don't know. I don't want to be categorized as that.
But then I also want to create wealth because I
want to be able to, you know, show people that
it's completely possible to be completely self made and to go, hey,
I did this myself. Yeah, I got myself out of
this forty thousand dollars debt hole and I put myself
(30:38):
in a position where I am now worth millions money
when but through that journey, you can too, and it
might not look for the same. You don't have to
do what I did, and I mean I took it
to the nth degree. Right, I didn't just get out
of forty thousand dollars worth of personal debt. I started
businesses and did some crazy stuff as well. Right, But
you can get out of debt, and then once you're
(30:59):
out of debt, you can flourish and create wealth. And
don't get me wrong, it might not happen as quickly
as it did for me, but it's entirely possible using
exactly the same tools and resources. And I want that
for people. But for so long wealth has been gate kept,
like we have terms of reference like, oh, that's only
for the wealthy.
Speaker 4 (31:19):
Yeah, why, yeah, I see, I see.
Speaker 2 (31:22):
Why is this only for rich people?
Speaker 4 (31:24):
Yeah? I think it's really good to kind of like
redefine because I think that rich yea does have a
negative connotation, and yeah, just asking ourselves what, like why
it's bad? I guess if you do have money, even
though that's really everyone's goal, kind of in some way,
you know, I think that like redefining what it means,
(31:45):
because richness also could be you know, I was walking
in the sun the other day. I had two coffees
and I thought, Wow, isn't it gorgeous that I have
to buy more than one coffee? And I thought, oh,
my god, isn't it gorgeous that I'm going home and
someone's going to be there and I'm stressed because I
have too many activities or events on and it's like
(32:05):
that's also there's a richness in having people that you
love around you all the time. And so I think, yeah,
it's a very interesting conversation that we've started here, and
I feel like we're getting very not existential, but it's
like it's.
Speaker 2 (32:20):
So important philosophase conversations as well. But yes, you know,
I think we're working so hard to work towards something.
And something that I say all the time, You've heard
me say it a million times on and off the show,
is that you if you can't be grateful for what
you already have, there's in a way you're going to
be grateful for what's to come. And I definitely live
and breathe that because I think for so long, for me,
(32:43):
when I was in that debt hole of forty thousand dollars,
it felt like the Louis Vauton, It felt like I
wanted all of the stuff and when I get rich,
I'll have this and I'll be happy. And now I'm
just in a part of life where I'm really not
embracing I just realized that stuff doesn't matter. It doesn't
(33:04):
make you happy, and if it does, you need to
like I'm not saying it's a bad thing. Don't get
me wrong. I'm still like I'm still vain, don't you worry.
I still can't be like, well, it's fine. I love
doing my hair, I do my nails, like I enjoy
all of that stuff. But if you took it off
me tomorrow, I'd be like okay, Like, because that's not
what really matters. It's my friends, it's my family. It's
(33:25):
like the fact that wealth now buys me time. It's
the fact that wealth meant that, like, Holly Doolly be
I got to have my husband at home for six
months after having a baby both times.
Speaker 4 (33:40):
Yeah, that's awesome.
Speaker 2 (33:41):
Like we were able to fund him staying at home,
meaning that our experience of parenthood is so much different
to our friends in the community that are like, oh
my god, my husband could only take off two weeks.
And then we did this and we did that, and
my paternity leave kicked in and I was chasing centlink
and like, I know it's stress, and I know I'm privileged,
(34:01):
but I want this for everybody. And it's just the
way that my perception of wealth has gone from stuff
to experiences. Yeah, Like I want everybody to have that,
and it's not unachievable in the every day like you're saying.
You know, you've spoken openly like I quit my job.
It was a silly thing to do. Was really stressed
(34:21):
about money. But also I had this coffee and I
was walking in the sun, and I got to go
home to a home with somebody in it who loved me.
Speaker 4 (34:29):
Yeah, oh my god, I know. Isn't it crazy. We're
trying to buy our life back and like and have
more time to be with our friends and family. But also,
if you just quit your job and don't have any money,
you could do exactly the same thing.
Speaker 2 (34:43):
We don't do that without serious thought, don't do that.
Let's say we have the power to change things on
a global level. Yeah, if we could redefine what it
means to be wealthy, what would that look like for you?
Speaker 4 (34:54):
I think it would and this is what I think
should be afford to everyone in the world. I think
it would just be having your basic needs met. And
those needs have changed because we don't really need well,
we didn't really need electricity before electricity was invented. We
didn't really need you know, all these things. So I'm
(35:16):
like that has changed a little bit. But now I'm
thinking if your bare basic needs that does include electricity,
and it includes gas, let's say, for argument's sake. So
I'm thinking just having those things that you need to
like live your life, be able to cook food, be
able to own a fridge, having those things met without
(35:37):
having to work so so hard, because right now it
just feels like we're working so much to get these
things that without the stress of it, you know, So
having your needs met, I think.
Speaker 2 (35:50):
Is wealthy exactly. And I feel like that's about creating
some new like wealth indicators and what they look like,
you know, not having quantitative stuff, but actually having qualitative exacts.
So like it's the time, it's the energy, it's your mindset.
It's not necessarily you know, the stuff and the things
and the you know, he who has more wins like
it just that gives me the ick, and I think
(36:13):
that we should be really questioning how we can redefine
what buying high end items actually looks like, Like what's
your mindset around that. Don't get me wrong, I rocked
on in here with a designer bag. I bought it
fifteen years ago when I was really caught up on
like status and I definitely wanted people to see my bag. Yeah,
(36:34):
And now I'm like, well, it's a bag I have
and I use it, and you know, I love it
because I've had it for so long and it's like,
you know, something that is mine totally. But can we
adjust our mindset around these purchases so that instead of
it being a I wanted to be seen with this bag,
it was a this makes me feel really good about myself?
Why did I purchase this? Did you purchase something because
(36:56):
I had the big Gucci logo on it and you
wanted to be seen wearing it? Did you purchase it
because you knew that when you got home, you'd put
it on and you just feel so good about yourself?
Speaker 4 (37:05):
Exactly exactly. I always like to think, like if I
was the only person in this world and I was
not being perceived by anyone ever, very lonely, but like,
would this thing still bring me the same amount of joy?
Speaker 3 (37:17):
You know?
Speaker 4 (37:17):
Does that change your wanting for a designer bag? I
don't even think they're that well, so they're quite nice,
They're not my personal stroll, so I'm like, you know,
I got without.
Speaker 2 (37:30):
And also like marketing, like how we are marketed too.
Do we need to review or reject marketing and how
it's basically shoved down our throat?
Speaker 4 (37:39):
Sure, Like why do you want stuff?
Speaker 2 (37:42):
Is it because you saw other people with stuff? If so,
were those people perhaps influencers who were using that stuff
in order to influence you into wanting that stuff?
Speaker 4 (37:50):
Exactly?
Speaker 2 (37:51):
It makes me so mad.
Speaker 4 (37:53):
I know, I know, And it's like, you know, money
makes the world go around, So ask yourself, Like they
don't like that, you know, I don't like that either.
But if you are being if you've got a targeted ad,
just ask yourself if it's really going to change your
life or if it's there to eventually fill someone's pocket
in some indirect wayah or direct way, who knows.
Speaker 2 (38:15):
But yeah, maybe that's where we put a pin in it, Beck,
because I feel like this topic arguably deserves its own
series as a whole, but I don't want to do
it without opening the floor to the conversation for sure. First,
Like I don't want to not talk to the community
about this. And I feel like a podcast like this
where we go, hey, this is what we're thinking, and
(38:36):
you know, I'm feeling guilty about this, and Beck sees
it this way, what like, what are your thoughts like?
Drop them in the Spotify comments because we're reading them.
There will also be a thread in the Facebook group
this week about like what your thoughts are? Because I
just think that the more my mindset shifts around money
and wealth and being rich, the more I feel free,
(38:57):
the more I feel like, oh yeah, deep, it's not
that like it helps me not only create more for others,
but I think it releases you a little bit in
terms of feeling like you have to do things.
Speaker 4 (39:12):
Totally absolutely free yourself from the words from the labels
like free yourself.
Speaker 2 (39:19):
Exactly and that feels a little bit hippy dippy, But
it's exactly who we are, isn't it pack exactly?
Speaker 1 (39:26):
Well?
Speaker 2 (39:26):
My friends, thank you for joining us for what could
be one of our most polarizing episodes. If you have
any follow up questions or want to join the discussion,
please join our Facebook group How She's on the Money.
Community is very easy to find, and make sure that
you're subscribed so that you never miss an episode. Will
catch you later in the week for Friday drinks. Until then,
(39:47):
my friends, take care of yourselves and of each other.
Speaker 4 (39:50):
Bye, guys.
Speaker 2 (39:55):
The advice shared on She's on the Money is generally
nature and does not consider you 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.
Speaker 1 (40:11):
The PDS TMD and obtain appropriate financial.
Speaker 2 (40:14):
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Speaker 2 (00:02):
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Speaker 2 (00:32):
Hello, friends, and welcome to She's on the Money, the
podcast where we discuss all of the issues concerning your
wealth goals so that you feel more in control of
your financial future. I'm Victoria Devine and right now I'm
here to address the elephant in the room that is wealth.
When did you first realize where you or a family
(00:53):
member stood on the financial ladder. Maybe it was during
play lunch at primary school, law Perhaps you were at
a birthday party when you saw the kinds of presents
other kids were getting. Or maybe, like me, it was
the fact that your aunt and uncle always had Coca
Cola in their fridge and they had a fancy French
door fridge. Ah, no matter what your current relationship with
(01:14):
wealth looks like today, some of our earliest ideas of
what it means to be quote rich can continue to
shape our money stories over time. So today miss Beck
SAYEDA and I are going to be discussing some perhaps
polarizing ideas about wealth and what it actually means to
be rich. So Beck, welcome to our deep dive.
Speaker 4 (01:36):
Thank you so much for having me. This is a
very exciting one. I feel like it's it's so nice
to discuss like wealth and rich. I mean, what does
it all look like? It depends really and what well.
Speaker 2 (01:47):
Mean and what's real and what's not exactly right?
Speaker 4 (01:51):
So where do we begin?
Speaker 2 (01:53):
Right? I feel like I'm in the driver's seat this time,
and it's usually you in jewrying and then you're in
the driver's seat. But I want to start. What is
your earliest memory of wealth? Like when did you first
understand what it meant when you said someone was rich?
Speaker 4 (02:08):
I just remember my mom always saying that we didn't
have money. We didn't like She's like, I can't get
that we don't have money, and I didn't really even
know what that meant. And I remember I went into
a shop once and I had like five dollars and
I went to buy something that was very expensive, and
my mom was like, you literally can't do that, you
don't have money. And I was like, no, I have
five dollars, They're going to give me change. And I
remember not really understanding the concept obviously of money at all.
(02:30):
Oh yeah, yeah, but just thinking like, well, if you
have any amount of money ever, then that's fine. But
then yeah, as you grew up, you kind of like
start realizing what that kind of looks like. And all
you know is if you're told you don't have money
but this person does, then you don't know what that
looks like yet, but you just know that you can't
(02:50):
do something that they can. It's all very blurry, fair.
It feels like fire. That's annoying, but you also just
get used to it. I think after some.
Speaker 2 (02:59):
Time, indicators and I feel like they were for me,
like play lunch, when play lunch, play lunch? Wait, what
did you call recess?
Speaker 3 (03:10):
Yeah?
Speaker 2 (03:10):
You play lunch or little lunch is what we called
it too. Oh, we called it play lunch, play lunch. Cute,
You're really lame. No, that's the cutest name for what
a Tasmanian thing. Maybe, Oh my god, I've noticed that
my friends call it year twelve and year eleven. Yeah,
and I always called it grade twelve and grade eleven. True.
And I don't know. There's just like little things about like.
Speaker 4 (03:33):
Totally did you have kindy? We had preschool kindy? You one,
you two, et cetera. But I think I don't know
about you guys, but you do you have prep?
Speaker 2 (03:41):
Yeah? We had kindergarten and then you had and we
had prep. That's crazy, is it? Yeah, it's crazy.
Speaker 4 (03:47):
That's all in the same country as well.
Speaker 2 (03:48):
Oh but like for me play lunch, it was like,
I think in like grade one or two, I started
to notice that kids had like the Smith's chips yeah yeah,
and there's no way we would have purchased Smith's or
like the ELCM bus yeah yeah. Yeah. That was bougie. Yeah,
and it wasn't health related. So I know that my
(04:10):
mom wouldn't let us have roll ups because she was like,
they're so bad for your teeth, you're not having them.
And it was never about money, but they're like quote
at the time, I feel like elsmbar or whatever was
a healthy option. It's not just spoiler, but I feel
like I just thought that those were the rich kids
because they had the fancy holographic foil packaging and yeah,
(04:31):
the white at the time, my mom would buy And
this is no shade. My mum was just an economic queen.
Sure the Biloa do you remember biload They were white
with the stripes blue light blue stripes. Yeah, but I
had the green stripes if it was chicken flavor, and
the pink stripes if it was salt vinegar. They're the
ones that I had lutely, and I just remember being like,
maybe mine aren't as good as other people's.
Speaker 4 (04:53):
Yeah, okay, I know what you mean.
Speaker 2 (04:55):
Maybe they are better than me, but I didn't know
why or how. But were there any other things for
you growing up that kind of felt like that.
Speaker 4 (05:05):
It was probably less so in the I guess, like
in the playground, and more so like going out and
doing things that your friends were doing, and so like
you know, if you you know everyone was meeting at
the shopping center, it's like maybe your friend has a
lot of money to spend on things, and you just
you can just tell. It's like almost like a feeling
that you can feel is that you can't do something well,
(05:28):
like there is some limit to your and at the time,
it feels like a limit to a joy. It's like
there's a limit here, and so like, yeah, going to
the supermarket, or going and meeting friends when you go
to the movies, just like clothes, shoes, like all these
things that you were just like, I'm not matching them
in this way. Yeah, and I would love to. But
there's like a it almost feels like a block, Like
(05:49):
it's like if you've never had it, you don't know
that you're missing out. There is a block there where
it's like I don't know what that extra unlocked level
looks like. No, and so I don't feel like I'm
lacking anything. I just can't see it.
Speaker 2 (06:04):
I remember the name brand pencil cases were a big
deal at school.
Speaker 4 (06:08):
You would keep your name out of those, always a
different I'm thinking, like you cut like your name out
of the little cardboard. You'd slide them into the well.
Speaker 2 (06:16):
We had those, but we also like girls would bring
like the Roxy or the Billabong pencil cases from the
surf shop. Yeah, they were really cool, cool, they were
cool girls. And then the other thing that I'm remembering
now is. For some reason, I cared deeply about my
school shoes, yeah, and having the name brand school shoes,
(06:38):
even though they were just black school shoes. There was
nothing to write home about them. Yeah, but I just
wanted what everybody else had. And I don't even think
it was a bad decision. It wasn't like a rich
versus wealthy like my parents couldn't afford it. It was
my parents were like, Vitraya, you don't need one hundred
and fifty dollars school shoes, like right, these ones are better,
(06:58):
they have orthotics, they like they were trying to do
the right thing. But all I wanted to do was
fit in and have what the other kids had. So
I just in my head had this idea that the
kids who had the name brand school shoes were better
than me. Yeah, And I don't know why, Yeah that
even makes any sense, but I remember feeling that quite
deeply and being really upset that my mum wouldn't let
(07:20):
me have the ones that weren't good for my shoes,
for my feet. She'd be like, no, Victoria, if you're
gonna wear these every day, like you're gonna have these
other ones. And I was just honestly beside myself that
I just didn't have what the other girls had for sure.
Speaker 4 (07:33):
And I guess if it's something that's like, you know,
the school uniform, maybe they all look the same, but
it's something that's very obviously either it is or it
isn't the quote unquote good one, you know.
Speaker 2 (07:43):
And I feel like that just scratches the surface. So
we're going to take a really quick break, but when
we get back, we're going to unpack our current understanding
of what it actually means to be rich versus what
real wealth actually looks like. Welcome back to She's the Money,
the podcast that explores the origin of our money stories.
(08:04):
We've touched on some of our earliest ideas of what
being rich looked like growing up. In some instances, those
perceptions weren't valid at all back while in others our
ideas of wealth were honestly really exaggerated. Like do you
remember the show Richie Rich? Yeah, and that kid who
like just was really rich. I thought that was what
rich was, right, Obviously, it's like having tennis courts and
(08:26):
flying in helicopters and being wildly unrelatable and really rude.
Speaker 4 (08:31):
Yeah, totally, Like you've got to be a little bit
mean if you're rich.
Speaker 3 (08:34):
Yeah.
Speaker 2 (08:34):
Yeah, And like from a very young age, it was
fed to us that rich was not good. Yeah, like
evil dictators and stuff. They were always rich, weren't they. They
always had so much money to do evil things and
all the good people were just human beings.
Speaker 4 (08:48):
Yeah, that's so true. Whouys kind of like that.
Speaker 2 (08:51):
But this narrative that rich isn't good has been fed
to us, and I guess we weren't really able when
we were younger to grow us what it actually looked
like in everyday situations and what this has actually taught
us about narrative and what we tell ourselves about rich
and what we tell ourselves about money, So our understanding
of wealth and what being rich is. I don't think
(09:14):
they are the same, and I think that they're very different. So, beck,
what today makes someone seem rich or wealthy to you
in a here and now in terms.
Speaker 4 (09:24):
Of like money, it would just be honestly being able
to pay for things that without crippling anxiety, like I've
got to go get my car serviced and maybe I'll
book my current for a service or something like that.
It's like, WHOA, you've got your shit together, Like this
isn't going to financially ruin you getting your car service
(09:45):
right now, You're just going to book it. That's crazy.
That for me is like you're doing well, but that's
only like in the financial kind of way. Rich obviously
has a hot takes on a whole new meaning in
so many different ways. It doesn't necessarily just mean money,
but for that kind of yeah, it's just like being
able to do things that are necessary or even just
like luxurious, but main maintenance of yourself and of your
(10:09):
life and of the things that you own without any stress.
Speaker 2 (10:12):
I think, is it like a visual indicator for you
or is it more of those like background things like that,
hold on, you must be wealthy. You're making these decisions
without any thought.
Speaker 4 (10:24):
Exactly, and that that is the crazy thing, is that
like I don't I don't know someone who looks rich
like or maybe like maybe Pilate's outfit, because I'm like, oh,
you can that's rich. You can afford of earth are subscription?
Is that what it's called?
Speaker 2 (10:38):
I think so membership a membership. Yeah, yeah, they're kind
of rich, they're kind of rich.
Speaker 4 (10:43):
But otherwise I don't see really any visual indicator I
feel like.
Speaker 2 (10:47):
It's so interesting because is it about like your net worth,
like how much you have in your bank account, or
is it about assets and you know, the things that
you have, or is it like luxury and material things?
And I just remember so vividly. Yeah, and like I'm
just calling myself out here, so like, I am very privileged.
I think that now if I laid everything out on
(11:10):
the table, everyone in our community would be like, Victoria Devine,
you are wealthy. Like I have a very nice roof
over my head, I'm able to pay my mortgage, I
have a really nice savings account, I have my emergency fund.
My husband and I invest like we are comfortable. And
you know, it always makes me feel a little bit
(11:31):
guilty when I have conversations like this and you're like, wow,
you can just book in and get your car service.
And I'm like, well, yeah, like I can. What a privilege,
Like I'm so lucky, and I'm just I'm grateful that
we can have these conversations and be in such different
positions and not be like, oh rude, like we just
I'm glad that you're where you are, and I'm trying
(11:52):
to get you further and like getting you in the
best possible position. But I also think that it's not
lost on our community that I have worked really hard
for this, and I grateful that they see that. And
it's not just like, oh, Victoria's rich, what a snob?
Like I just can't imagine anything worse, you know, like
I can't imagine you going, oh, she's so unrelatable and
I go, oh, oh that's awful, Like I want to
(12:13):
be No anyway, I just I feel really grateful having
these conversations that that turns into guilt for me. And
it's I know, such an interesting dynamic because I want
to talk about wealth more, but I also don't want
people to think that I'm just hear bragging.
Speaker 4 (12:28):
No, And isn't it funny that you're teaching or like
you're you're I want to say, you're teachings like you're
like a cult leader, but I would like to be
a cult leader.
Speaker 2 (12:36):
Yes, that is what I've been working towards.
Speaker 4 (12:38):
Like the end goal is financial freedom. And so isn't
it funny when it's like when you get there, you're like,
now I feel bad. Now I feel like everyone's going
to do Yeah.
Speaker 2 (12:46):
No, that's what we're trying to get to but also
I want this for you. Yeah, exactly, girl. It feels
so good.
Speaker 4 (12:52):
Yeah, it's so nice to.
Speaker 2 (12:55):
Have a conversation in the morning with my husband and
he goes, oh, my, can't need a service, and I
go bad book it in totally like we aren't stressed
about that because we know that our money is sitting
there ready for those conversations and ready for those things.
Speaker 4 (13:07):
It's not a stress.
Speaker 2 (13:08):
Like what a privilege it is to not have to
sit down with my husband and go, Okay, cool, we
need to do this and this, and I just don't
know how we're going to get that to work. Yeah,
like at the moment, that's not where we're at. We've
been there, it's been stressful, but like, to me, it's
such a privilege. Anyway, let's move on from that, because
I can feel like it's not as productive. But for me, historically,
(13:30):
when I first kind of came into money, you could say,
when my businesses started, you know, producing enough profit that
I wasn't just scraping by anymore. Like once I and
this was not that long ago, Like, it's not like
I've been in this situation for more than ten years.
I haven't. I haven't even been in this situation for
five right, But I just thought that designer goods, that's
(13:52):
what I should be spending my money on, right, Like
I want a Louis Vaton bag, I want a Krtier bracelet,
I want all of that. Going myself out sitting here
wearing a bloody Cardier breas hell, I get it, But
I just I remember those things to me were so
much about achievement, like, oh, she's wearing that, she must
have done some really cool things, or she must have
(14:14):
achieved this and done that. And now I just I
could not care less, Like I cannot think of anything
worse than somebody having the Cartier bracelet or having the
really expensive handbag and not having an emergency fund. My queen,
what are you doing? Like your vision changes? And it
just what's driving this, Like it's the idea of colonization
(14:37):
coming into capitalism, and I just it frustrates me because
I just why do we have to live in such
a capitalist society where the perceived indicators are not the
same as the actual ones. But we see these people
running around with heaps of debt and really nice cars
and really nice everything, and we think that's success. Whereas
(14:57):
the people who are driving the old bomb of a car,
who are like I don't need anything else and have
financial freedom in the background, they're the ones that are
really living. Yeah, yeah, totally, Like that's a slay to me.
Whereas the stuff take it or leave it, like it
doesn't actually make you happier. And if you're always looking
for the next thing to purchase, what you're telling me
(15:19):
is that you're just not happy with what you already
have at home exactly right, Like, and how can you
be grateful for the next thing if you're not even
grateful for what you already have?
Speaker 4 (15:28):
Yeah, if you're always like, oh, I need to be here,
I need to like you're just like constantly looking forward
and you never you're never living your current life. You're right, ever,
be really here, do you know what I mean? Like
you're just like when I get there, When I get there,
I'm going to start living. It's like, okay, but you
so so far you haven't lived and you how long
(15:48):
have you been here? Do you know what I mean?
It's like you got to start living now, yeah, And it's.
Speaker 2 (15:51):
Like, I don't know it's even now I have children.
This conversation of like public versus private education. Am I
kids it under tooth, so like this is not a
conversation that I need to have. But it turns out
when I was asked at, I just had like a
mother's group catch up with like a group of mums
that I met, not my actual mother's group, and they
(16:12):
were like, oh, what schools have you got Hovey done for?
Speaker 4 (16:14):
I was like, what, hot so early?
Speaker 2 (16:16):
And they're like, yeah, like you put them down when
they're born. And I was like oh what and they're like, oh,
you haven't done any schools And I was like no,
I thought you just picked when you were meant to
send them to school. Like to me, that was a
wealth versus like not wealthy indicator because I was like, oh,
that's not how I grew up, Like I went to
public school and like we just went to the school
(16:37):
where we were And I remember it was a whole
thing when I was in grade six, Mom and dad
trying to get me into the like the local Catholic
school because like it was a better educational opportunity and
like I had to see if I got in or not,
and I did, thankfully, But like that was you know
when we were talking about it, Yeah, I didn't know
that you were meant to put yourself down, all your
kids down, for your private education. And then it got
(17:01):
me thinking. I went home and I said to my husband, Hey,
did you know? And he was like yeah, oh, like
wait what He's like, yeah, we really should be talking
and thinking about this, and I was like, should we? Like?
And then it opened this whole conversation about private versus
public education and you know, what I want for my
kids versus what my husband wants my kids, and think, God,
we're on the same page about that, but just do
(17:23):
we want them to go to a private school?
Speaker 3 (17:25):
Yeah?
Speaker 4 (17:25):
Yeah, yeah, beyond.
Speaker 2 (17:27):
The education because again privilege. I live in an area
where the public schools are really well regarded. Yeah, what's
the difference between sending my kid to a public school
versus a private school? Is that private school going to
give a superior education or is it just going to
surround him with more wealthy people? And is that what
I want his life to look like? Is that the
(17:49):
social circles I want him to keep? Do I?
Speaker 4 (17:52):
I don't know, I totally agree I'm going to because that's.
Speaker 2 (17:54):
Not the social circles I keep like most of the people,
and that's not a bad thing. It's not a good thing.
I don't care that, Like, I just look at it
and go some of our best friends are in trades.
Some of our best friends you know, or went to
public school. It's just they're not the circles I have.
And you might have gone to a private school and
have an incredible circle of friends. But I'm really seeing
that divide at the moment between my experience and my
(18:18):
husband's experience, who did go to a private school and
has like more wealthy friendship circles, and like just it's
different to what I.
Speaker 4 (18:26):
Have for sure, And I think that like it definitely
builds some sort of like you start understanding that your
experience is not the sole experience. Ye, it is very
valuable and it doesn't matter like if your experience is
good or bad or anything between. It's like just just
even knowing that you have lived a life that is
not exactly the same as everyone else, and some people
might have worse lives and some people might have better lives,
(18:48):
and just like knowing that is really important. Yeah, So
I think that I back that. I back that completely.
Speaker 2 (18:54):
But it's a hard conversation to have because you're, like
I want to do the best for my kid. But
what is is it rich? Like is it the rich
decision of being like, yeah, cool, we're going to send
them to private school or I don't know. I've had
a friend recently pull their kid out of private school
to send them to public school because they were like, Victoria,
I just wanted more community, and I feel like the
(19:16):
private education system doesn't lean into that in the same
way that the public education system does. Like she's like,
I'm here for the sausage sizzles, I'm here for the fundraisers.
I'm here for all of that, and I want my
kids to see that and they don't see it in
the school that they were in. Like, Okay, that's really
important for me too, for sure. Hard decisions, right Anyway, Beck,
we have covered I think our earliest memories and what
(19:38):
we've been chatting about, and I guess some mixed perceptions
on what wealth actually looks like. But I feel like
there's so much more to it, and I want to
bring in a little bit more structure. So when we
return from our break, we're going to dive straight into
some social stigmas. All right, you are here just in time,
my friend for the juicy part beck who's a lo
(20:00):
to be rich?
Speaker 4 (20:01):
Who's allowed to be rich?
Speaker 2 (20:03):
And do we actually have a problem with rich people
or do we have a problem with elitism?
Speaker 4 (20:07):
Oh my goodness, that's a really good question because it's
like everyone's alwed to be rich, and I think yes,
it does feel different when it's like comes from someone
who has been brought up rich. Maybe they're a Nepo
baborn with a silver spoon.
Speaker 2 (20:21):
Yeah, there's so many like that's fine, like fine, fine,
But like as a society, I feel like we deem
some people allowed to be rich and other people not.
And I'm finding that the defining factor between those two
things is elitism. Yes, yes, true, it's okay if we
say that they're self made. It's not okay when it's
elon musk right, right, do you know what I mean?
(20:42):
Like you're like, oh no, like the rich get richer.
And there seems to be more negative connotations associated with
one term or the other, Like why is it much
more socially acceptable to be perceived as wealthy than to
be perceived as rich? Like earlier in the episode, I
said to you, if I laid everything out and showed
(21:03):
you my entire financial like life, you would say that
I'm wealthy. Why didn't I say that? You would say
I'm rich? Right?
Speaker 4 (21:10):
True? Yeah, because I guess like rich has this idea
that like they're on yachts and they're like flying, they're
like absolutely destroying the earth with all of their like
bits and bombs.
Speaker 2 (21:22):
Yeah, but then I don't know somebody doing something social
and something for the environment if they got rich. You're like, yeah,
pop off, that's so like David Attenbrough incredibly rich.
Speaker 4 (21:35):
Yes he should be as he should be.
Speaker 2 (21:37):
That's so true exactly, But you would call him wealthy,
wouldn't you, elong Musk, Is he wealthy or rich?
Speaker 4 (21:43):
That's true, he's rich, right, Maybe it depends how much
you're destroying the planet.
Speaker 2 (21:48):
Yeah yeah. But then there's just like layers of like
honestly elitism and like true audacity and ego and you know,
like I guess the question is how do the ways
that we acquire wealth affect our perceptions? Like is it
good when it's like a tech startup, right? Maybe not,
(22:08):
But it seems to be good when it's a blue
collar job, like when it's a trades person and they've
worked hard and it's physical lay But like this idea
that you know a guy who built a building company
and got really wealthy. Yes, lay, is it okay for
politicians to have a lot of money?
Speaker 4 (22:25):
God, it really depends, right, Yeah, I know what you mean.
Speaker 2 (22:29):
Right, And you go, oh, hold on, there is a
divide between who's quote allowed to be rich in our
mind versus not, And that's wild like trades people versus academics.
Like you go, oh, well one worked really hard.
Speaker 4 (22:43):
Oh my god, that's so true. And it's like, well,
using your brain to build an app, for example, isn't
It would be extremely hard work. But you can't see
like this physical kind of you know, callouses on your hand.
Speaker 3 (22:57):
Yeah.
Speaker 2 (22:57):
I was about to say, but you've got soft hands.
Speaker 4 (23:00):
Yeah, But like that's also equally that's that's very very hard.
Speaker 2 (23:03):
Yeah. And then like the overlay of like marriages and
inheritances and family trust and like having trust fun kids.
You go, oh no, yeah, but like that's not the reality.
And please don't get me wrong. I have in my
lifetime had the privilege of working with some ultimately wealthy people,
Like literally I've had billionaires that I have worked with
(23:24):
and helped manage their portfolios. Yeah, never on my own
like not going to take that. But I have worked
with people who are trust fun kids. Sure, and there
is this I don't know, trust fund kid. Immediately you
think richie rich. Yeah, you know that show that we're
talking about before. Yeah, that's not true. Like the trust
(23:45):
fund kids that I've experienced, some of them have been
wildly out of touch, wildly and it makes me want
to pull my hair out and scream at them at
their family constitution meetings and just like absolutely not. But
some of them have been some of the most kind
people I've ever met. They've got the best emotional intelligence
of some Like it's just it's wild because they go
(24:06):
against every single stereotype. And then beck is it if
I say crypto, yeah, you made your money there, you're rich?
Are you wealthy?
Speaker 4 (24:15):
You're rich? Yeah that's true.
Speaker 2 (24:18):
What about like day trading a lot of winning, Yeah
that's rich.
Speaker 4 (24:21):
That's rich.
Speaker 2 (24:22):
If you like made money gambling.
Speaker 4 (24:24):
Gambling, I would say rich too, Yeah. Yeah. Why I
think it's I think it's must be this thing of
like and it does go back to privilege, and I
want to say, like privileges not like it doesn't mean
you have not had a hard life. It means that
there are aspects of your identity or aspects of your life,
or aspects of whatever that have made it harder to
(24:46):
get where you are or to get to where you
want to go. And so I feel like it's this
acknowledgment of of like, hey, I got here quote unquote
the easy way, and I know it's not that easy
for other people, and so like if you don't, if
you're just a bit out of touch, then you are rich.
I feel like you're like, oh, it's so easy, you
just got an xoz and not acknowledging anything that other
(25:10):
people have different experiences, different journeys. Yeah, I think is
what rich is.
Speaker 2 (25:14):
And then it's like this question that I have does
having more money mean that you should be spending more ethically?
Like why am? You know? And like I know why,
but like why do we hear about billionaires who aren't
spending ethically? Like why is that pressure being put on us?
And like why is that a narrative?
Speaker 4 (25:35):
Sure?
Speaker 2 (25:35):
And like are you allowed to steal shop at kmart
if you're above a certain net wealth? Like waste the line? Yeah?
I see God, this is really like I say that
specifically because I remember last year, like before I was
pregnant with Cami, I had a favorite pair of jeans
and I still have them. I don't fit in them,
no shade to those genes, but I did have a baby.
(25:56):
It's still my favorite. I'm holding them close. I would
like to fit back into them. They're fifteen dollars. They're
the mum Jean from Kmart. Just got anybody flying around
who might also want a really good pair of gees.
They just cut perfectly and like, as everybody complimented me,
including you, the bum looks great in them. Hell yeah,
I love them. But I remember posting like a selfie
(26:16):
on Instagram just on my stories. The amount of people
that were replying and they're like, hey, where are your
Jeanes from there? Phenomenal? And I was like, great, they're
just Camart And people are like, oh wow, that's crazy,
Victoria Devine shopping at Kmart.
Speaker 4 (26:28):
You're allowed.
Speaker 2 (26:29):
I didn't even think the bar was that low, Like,
what do you mean I love a cam up bargain.
Oh yeah, but I think that there was, you know,
maybe for newer followers or people who haven't followed my
whole journey, they were like, oh yeah, she's like got
a bit of wealth, like she doesn't shop at Kmart.
And then I remember one of the comments, and this
is why I brought it up. They asked me where
(26:50):
a jeans were from. I said they were from Kmart.
She was like, that's incredible. I didn't think you'd shop
at Kmart. I thought you would be more ethical than that. Oh,
And I remember being like, oh, oh, oh, I see,
like good point, because I could point I can afford
a more expensive pair of jeans. But I don't know.
I just really liked them, and I love a Kmart
(27:10):
shopping trip. And I don't think if they'd asked any
one of their girlfriends like that, maybe they saw on
the same level as them. I don't think if they'd
been like, oh, hey, Beck, for example, where Egene's from
you said came out, they'd be like, oh, pop off, queen.
But then I got the shade for having purchased something
that could be deemed not as ethical.
Speaker 4 (27:30):
I see, I can see that. I can definitely see
that that argument. I didn't. I really hadn't thought about that.
But I guess if you were like, we're very shielded here,
and it's it's like we do have the luxury of
ignoring where our clothes come from, because the second the
topic changes, we're back in our own reality. We're not
(27:50):
in a sweatshop right now, seeing it. I think if
we were, so, I think that it's like, yes, we
all have a responsibility to educate ourselves on where things
come from and things like that. But I think that
it really is a tricky one. I can understand the
argument for sure, like if you can afford to be
more ethical.
Speaker 2 (28:07):
Yes, but then also, why do I have to? So,
don't get me wrong, I get it, and I think
it was something that I went, oh, that's a really
good point. I didn't like it at the time, like
I responded, oh, okay, thanks, like I didn't do anything
about it. But I really stewed on that for a while,
like I sure. I was like damn, Like she's right,
(28:30):
Like I should be being more ethical, and like I'm
I don't know. I'm the type of person that keeps
something in my wardrobe for ten plus years and I
keep wearing it totally. And there are some things from
came out in my wardrobe still from ten years ago.
You pry them from my cold dead hands. I love them. Yeah,
but moving forward, I should be making more ethical decisions
and I should be doing these things. But to me,
(28:51):
that's then a wealthy mindset. That's not a rich mindset
because rich people are frivolous and they don't care. Yes,
and that's me then stereotpe, I think it.
Speaker 4 (29:00):
Again, right right right? Yes? Absolutely? But no does it?
Speaker 3 (29:03):
Yeah?
Speaker 4 (29:04):
Does that mean you're not allowed to go into two
dollar shops? You know a lot of like to what ends?
Do you know what I mean?
Speaker 2 (29:09):
Like and where's the line?
Speaker 3 (29:10):
Yeah?
Speaker 2 (29:10):
I think you know, there's this conversation of the ethics
of buying luxury items, like then do I buy luxury items?
And then people will be quite happy with that? But
what if they're made in poor working conditions like you
mentioned before, Like, oh well, what if it was made
in a sweatshop? How do we know what our sourcing
(29:32):
journey has been and what that looks like for sure?
How do you know how do you benchmarkt what's the expectation? Like,
I just I feel like there's a lot Yeah, absolutely,
So do you think this perception of like rich versus wealthy?
And like, to me, this is more of an episode
that's kind of like a conversation start up. I think
(29:56):
that we have a lot more work to do in
this space of understand what these things mean. Because my
money story is such that rich equals bad. And I'm
not saying it's it's a bad thing now because I'm obviously,
like quite reflective of it. I'm on a podcast talking
about it. But I look at it and I think, Okay,
(30:17):
but why do I feel that way? What is this
like rich is bad? Like I don't I would be upset.
I don't know. I don't want to be categorized as that.
But then I also want to create wealth because I
want to be able to, you know, show people that
it's completely possible to be completely self made and to go, hey,
I did this myself. Yeah, I got myself out of
this forty thousand dollars debt hole and I put myself
(30:38):
in a position where I am now worth millions money
when but through that journey, you can too, and it
might not look for the same. You don't have to
do what I did, and I mean I took it
to the nth degree. Right, I didn't just get out
of forty thousand dollars worth of personal debt. I started
businesses and did some crazy stuff as well. Right, But
you can get out of debt, and then once you're
(30:59):
out of debt, you can flourish and create wealth. And
don't get me wrong, it might not happen as quickly
as it did for me, but it's entirely possible using
exactly the same tools and resources. And I want that
for people. But for so long wealth has been gate kept,
like we have terms of reference like, oh, that's only
for the wealthy.
Speaker 4 (31:19):
Yeah, why, yeah, I see, I see.
Speaker 2 (31:22):
Why is this only for rich people?
Speaker 4 (31:24):
Yeah? I think it's really good to kind of like
redefine because I think that rich yea does have a
negative connotation, and yeah, just asking ourselves what, like why
it's bad? I guess if you do have money, even
though that's really everyone's goal, kind of in some way,
you know, I think that like redefining what it means,
(31:45):
because richness also could be you know, I was walking
in the sun the other day. I had two coffees
and I thought, Wow, isn't it gorgeous that I have
to buy more than one coffee? And I thought, oh,
my god, isn't it gorgeous that I'm going home and
someone's going to be there and I'm stressed because I
have too many activities or events on and it's like
(32:05):
that's also there's a richness in having people that you
love around you all the time. And so I think, yeah,
it's a very interesting conversation that we've started here, and
I feel like we're getting very not existential, but it's
like it's.
Speaker 2 (32:20):
So important philosophase conversations as well. But yes, you know,
I think we're working so hard to work towards something.
And something that I say all the time, You've heard
me say it a million times on and off the show,
is that you if you can't be grateful for what
you already have, there's in a way you're going to
be grateful for what's to come. And I definitely live
and breathe that because I think for so long, for me,
(32:43):
when I was in that debt hole of forty thousand dollars,
it felt like the Louis Vauton, It felt like I
wanted all of the stuff and when I get rich,
I'll have this and I'll be happy. And now I'm
just in a part of life where I'm really not
embracing I just realized that stuff doesn't matter. It doesn't
(33:04):
make you happy, and if it does, you need to
like I'm not saying it's a bad thing. Don't get
me wrong. I'm still like I'm still vain, don't you worry.
I still can't be like, well, it's fine. I love
doing my hair, I do my nails, like I enjoy
all of that stuff. But if you took it off
me tomorrow, I'd be like okay, Like, because that's not
what really matters. It's my friends, it's my family. It's
(33:25):
like the fact that wealth now buys me time. It's
the fact that wealth meant that, like, Holly Doolly be
I got to have my husband at home for six
months after having a baby both times.
Speaker 4 (33:40):
Yeah, that's awesome.
Speaker 2 (33:41):
Like we were able to fund him staying at home,
meaning that our experience of parenthood is so much different
to our friends in the community that are like, oh
my god, my husband could only take off two weeks.
And then we did this and we did that, and
my paternity leave kicked in and I was chasing centlink
and like, I know it's stress, and I know I'm privileged,
(34:01):
but I want this for everybody. And it's just the
way that my perception of wealth has gone from stuff
to experiences. Yeah, Like I want everybody to have that,
and it's not unachievable in the every day like you're saying.
You know, you've spoken openly like I quit my job.
It was a silly thing to do. Was really stressed
(34:21):
about money. But also I had this coffee and I
was walking in the sun, and I got to go
home to a home with somebody in it who loved me.
Speaker 4 (34:29):
Yeah, oh my god, I know. Isn't it crazy. We're
trying to buy our life back and like and have
more time to be with our friends and family. But also,
if you just quit your job and don't have any money,
you could do exactly the same thing.
Speaker 2 (34:43):
We don't do that without serious thought, don't do that.
Let's say we have the power to change things on
a global level. Yeah, if we could redefine what it
means to be wealthy, what would that look like for you?
Speaker 4 (34:54):
I think it would and this is what I think
should be afford to everyone in the world. I think
it would just be having your basic needs met. And
those needs have changed because we don't really need well,
we didn't really need electricity before electricity was invented. We
didn't really need you know, all these things. So I'm
(35:16):
like that has changed a little bit. But now I'm
thinking if your bare basic needs that does include electricity,
and it includes gas, let's say, for argument's sake. So
I'm thinking just having those things that you need to
like live your life, be able to cook food, be
able to own a fridge, having those things met without
(35:37):
having to work so so hard, because right now it
just feels like we're working so much to get these
things that without the stress of it, you know, So
having your needs met, I think.
Speaker 2 (35:50):
Is wealthy exactly. And I feel like that's about creating
some new like wealth indicators and what they look like,
you know, not having quantitative stuff, but actually having qualitative exacts.
So like it's the time, it's the energy, it's your mindset.
It's not necessarily you know, the stuff and the things
and the you know, he who has more wins like
it just that gives me the ick, and I think
(36:13):
that we should be really questioning how we can redefine
what buying high end items actually looks like, Like what's
your mindset around that. Don't get me wrong, I rocked
on in here with a designer bag. I bought it
fifteen years ago when I was really caught up on
like status and I definitely wanted people to see my bag. Yeah,
(36:34):
And now I'm like, well, it's a bag I have
and I use it, and you know, I love it
because I've had it for so long and it's like,
you know, something that is mine totally. But can we
adjust our mindset around these purchases so that instead of
it being a I wanted to be seen with this bag,
it was a this makes me feel really good about myself?
Why did I purchase this? Did you purchase something because
(36:56):
I had the big Gucci logo on it and you
wanted to be seen wearing it? Did you purchase it
because you knew that when you got home, you'd put
it on and you just feel so good about yourself?
Speaker 4 (37:05):
Exactly exactly. I always like to think, like if I
was the only person in this world and I was
not being perceived by anyone ever, very lonely, but like,
would this thing still bring me the same amount of joy?
Speaker 3 (37:17):
You know?
Speaker 4 (37:17):
Does that change your wanting for a designer bag? I
don't even think they're that well, so they're quite nice,
They're not my personal stroll, so I'm like, you know,
I got without.
Speaker 2 (37:30):
And also like marketing, like how we are marketed too.
Do we need to review or reject marketing and how
it's basically shoved down our throat?
Speaker 4 (37:39):
Sure, Like why do you want stuff?
Speaker 2 (37:42):
Is it because you saw other people with stuff? If so,
were those people perhaps influencers who were using that stuff
in order to influence you into wanting that stuff?
Speaker 4 (37:50):
Exactly?
Speaker 2 (37:51):
It makes me so mad.
Speaker 4 (37:53):
I know, I know, And it's like, you know, money
makes the world go around, So ask yourself, Like they
don't like that, you know, I don't like that either.
But if you are being if you've got a targeted ad,
just ask yourself if it's really going to change your
life or if it's there to eventually fill someone's pocket
in some indirect wayah or direct way, who knows.
Speaker 2 (38:15):
But yeah, maybe that's where we put a pin in it, Beck,
because I feel like this topic arguably deserves its own
series as a whole, but I don't want to do
it without opening the floor to the conversation for sure. First,
Like I don't want to not talk to the community
about this. And I feel like a podcast like this
where we go, hey, this is what we're thinking, and
(38:36):
you know, I'm feeling guilty about this, and Beck sees
it this way, what like, what are your thoughts like?
Drop them in the Spotify comments because we're reading them.
There will also be a thread in the Facebook group
this week about like what your thoughts are? Because I
just think that the more my mindset shifts around money
and wealth and being rich, the more I feel free,
(38:57):
the more I feel like, oh yeah, deep, it's not
that like it helps me not only create more for others,
but I think it releases you a little bit in
terms of feeling like you have to do things.
Speaker 4 (39:12):
Totally absolutely free yourself from the words from the labels
like free yourself.
Speaker 2 (39:19):
Exactly and that feels a little bit hippy dippy, But
it's exactly who we are, isn't it pack exactly?
Speaker 1 (39:26):
Well?
Speaker 2 (39:26):
My friends, thank you for joining us for what could
be one of our most polarizing episodes. If you have
any follow up questions or want to join the discussion,
please join our Facebook group How She's on the Money.
Community is very easy to find, and make sure that
you're subscribed so that you never miss an episode. Will
catch you later in the week for Friday drinks. Until then,
(39:47):
my friends, take care of yourselves and of each other.
Speaker 4 (39:50):
Bye, guys.
Speaker 2 (39:55):
The advice shared on She's on the Money is generally
nature and does not consider you 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.
Speaker 1 (40:11):
The PDS TMD and obtain appropriate financial.
Speaker 2 (40:14):
Advice tailored towards your needs.
Speaker 1 (40:16):
Victoria Divine and She's on the Money are authorized representatives
of money SHERPA pty Ltd a BN three two one
six four nine two seven seven zero eight AFSL four
five one two eight nine
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