June 4, 2023 • 27 mins
Try and catch your breath as you listen to this story! This Money Diarist is 21and is working 3 jobs with the goal of saving $100,000 in two years. She's one year in and on track but is working 70- 80 hours per week across multiple jobs. Growing up she watched her mum endure several abusive relationships and this is driving her determination to never be financially dependent on anyone. We can't wait for yo to meet her!
Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements.
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Episode Transcript
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Speaker 1 (00:00):
Hello.
Speaker 2 (00:01):
My name's Santasha Nabananga Bamblet. I'm a proud Yr the
Order Kerney Whalbury 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 through
(00:23):
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 1 (00:33):
Let's get into it. She's on the Money, She's on
the Money. Hello, and welcome to She's on the Money,
(01:00):
the podcast for millennials who want financial freedom. Welcome back
to another one of our money diaries where I get
to talk to one of our incredible She's on the
Money community members all about their story. It's my favorite
thing in the entire world. Let's jump straight into it,
because this week we got a message and it went
like this. All right, before I get into it, I
(01:20):
do want to give you guys a little bit of
a content warning. We are going to be discussing abusive
relationships today, so If that is not something you are
ready to hear, we have a heap of different literally
hundreds of different episodes you could listen to. But if
you are ready for this content, we are diving right
in now. Hi Victoria, I'm twenty one, living out of
home and working three jobs with the goal of saving
(01:42):
one hundred thousand dollars in only two years. Currently, I'm
one year in and I'm on track to reach my goal.
This means I'm working seventy to eighty hours per week
as a full time chef and as a part time
supervisor at Coles. On my day off, I deliver for
door Dash and for Uber. Watching my mum enjoy several
abusive relationships is behind my drive to never ever be
(02:05):
financially dependent on anyone that shees on. The money community
have helped me so much, and I cannot wait to
share my story money diarist, I can't wait for you
to share your story either. Are you joking? What a hustler?
Speaker 3 (02:19):
Oh? It sounds so weird hearing it back?
Speaker 1 (02:21):
Is it inspiring? Hearing it back?
Speaker 2 (02:23):
Like?
Speaker 1 (02:23):
Does it make you proud?
Speaker 3 (02:24):
It does? I've realized how far I've come, So it's good.
Speaker 1 (02:28):
You're a queen, I love it. Let's start off where
we usually start, money direst I want to know if
we asked you to give yourself a money grade, what
would you grade your habits from A through to F.
Speaker 3 (02:38):
I would probably give myself a B minus.
Speaker 1 (02:40):
Oh, a B minus. I want to learn more about that. Obviously,
we're going to dive into it. My favorite question, though,
let's dive straight in. Can you tell me a little
bit more about your money story.
Speaker 3 (02:51):
I spent most of my childhood with my mum. My
parents divorced when I was just before too. She'd never
obviously had the best luck in a relationship. She got
herself in a few sticky situations. The longest one was
about seven years and yeah, he was very abusive physically, mentally, financially.
(03:13):
That was one of the reasons why my mum didn't
leave was because of the money aspect. When she eventually
got herself out of that, I lived with her a
little longer, but ended up moving in with my dad
just with everything going on in the area we were living.
Like her ex for showing up at my school, it
was a bit going on. I lived with dad for
a few years. I started working at fifteen, I worked
(03:37):
full time hours whilst at school, full.
Speaker 1 (03:40):
Time hours while at school pretty much. Yeah, oh my gosh,
did that burn you out or really impact your ability
to get I guess a good quality education.
Speaker 3 (03:49):
I was doing VCAL because at that time I was
doing a school based apprenticeship, so I was only at
school most days, four times a week. Not really Like,
I'm someone who's always been very driven, and I work
better mentally when I'm busy.
Speaker 1 (04:07):
Yeah, fair, same so I'm someone who can't sit still. Yeah, same,
literally same, Like that's why you know, you guys can't
see this because we're recording, but like I move around
the studio so much while we're talking, like I just
can't sit still. I feel like it's a certain personality
type because I know you've probably got girlfriends that say
the same thing. They're like, how on earth do you
work seventy to eighty hours a week? And we'll get
(04:29):
into it.
Speaker 3 (04:29):
But friends think I'm nuts exactly.
Speaker 1 (04:31):
And some people who thrive on it, and some people
who can do it for a short period of time
and then get burnt out. There's so many different people
in the world, and we all, you know, thrive in
different ways. So I'm so interested to hear how you
do it right? Tell me more, tell me more.
Speaker 3 (04:45):
So just before my eighteenth birthday, I had to leave
Dad's wasn't really feeling safe. So I lived with Nan
up until I was eighteen and had left school at
a study year twelve to start my apprenticeship full time,
and I saved up money and I moved out on
my own, in my little unit that I've been in
(05:05):
for the past three years.
Speaker 1 (05:07):
Ah, how good. So you moved out with your nan
and now you're living in your own little unit. How
did you get to the point where you were able
to afford your own unit? Was it something that you'd
been saving for ages or I don't know, I just
feel like going into your own unit. At that age,
that's a lot. I had to share house for ages,
and I could only afford like seven hundred bucks a
(05:28):
month rent, Like, what are you doing? How are you
doing it?
Speaker 3 (05:31):
It was tough because at that time I was a
second year apprentice and had no other income. I got
a little help from Centerlink Youth Allowance because obviously I
wasn't living with a parent at that age, so I
got exempt from that, so I was able to use that.
It was a lot. I didn't save a lot at
the start because I obviously didn't have a lot after
I paid my rent, which was like two hundred and
(05:53):
ten dollars a week at the time.
Speaker 1 (05:54):
That's a lot at that age.
Speaker 3 (05:56):
Yeah, it was scary. Yeah, I needed to do it.
And I love my name I'm I really do. But yeah,
I don't know how to describe it. I felt nurtured
in a way that I hadn't been nurtured in a
very long time. So I was very suffocating.
Speaker 1 (06:09):
That's fair, but that's also I don't know. They were
probably trying their best, right. Do you still have a
good relationship with them?
Speaker 3 (06:15):
Oh yeah, one hundred percent. Yeah, yeah, yeah, they're angels.
I loved it for it.
Speaker 1 (06:19):
This is all a bit too much. I need my
own space.
Speaker 3 (06:22):
Yeah, Like it was all out of love and I
love them dearly for it.
Speaker 1 (06:26):
But yeah, sometimes that can be a little bit too much.
I totally resonate with that, all right. I want to
know a bit more about work. So when it comes
to work, we know that you work as a chef
and you're also a supervisor at coals, but can you
talk me through what that is, what your jobs are
and how much money you earn?
Speaker 3 (06:44):
Okay, so full type chef, I owned sixty five a year.
It's roughly one thousand take home a week. I do,
depending on the week, fifteen to twenty five hours at
coals in the evening as a service manager supervisor, which
(07:05):
most weeks is about three hundred and fifty, and then
I do DoorDash on my two days off from my
cheffing job, which I can get around three hundred after
tax per week.
Speaker 1 (07:17):
How good is that? You're killing it?
Speaker 3 (07:19):
Yeah, I can't sit still.
Speaker 1 (07:20):
I was about to say, but does it kill you?
You're getting burnt down. I feel like that's a lot
of hours that you're spending not on yourself.
Speaker 3 (07:28):
Yes, though there are some weeks where I do struggle,
but at the end of the day, I know what
I'm doing it for. So that's a massive drive.
Speaker 1 (07:37):
So talk to me. Obviously, that's the next question. What's
the big money goal? Obviously we're saving one hundred thousand
dollars in two years and you're doing really well. My
producer let a sneaky go and said, save fifty seven
thousand dollars so far. How are you doing that? Because
that is crazy? But also, why are we doing that.
Speaker 3 (07:56):
So there's a few bigger ones. The biggest one's a house, obviously,
with the market at the moment more scared than what
I was at the start. But I have about thirty
five saved in that, which have a long way to
go still. I am saving for a new car because
obviously with the door Dash, I'm very much adding kes
(08:17):
onto my car.
Speaker 1 (08:18):
Yeah, that's fair. That's something that I think a lot
of people don't consider when they take on door Dash
or Uber or any type of delivery service. Right.
Speaker 3 (08:26):
Yeah, the case add up so quickly. So I'm putting
about one hundred and fifty into that each week because
I'm hoping I won't have to take out alone when
I buy the car that I'm in now, like I
didn't have to for my first car. I am also
doing a little savings with my partner, which I put
about two hundred and fifty in a week. Yeah, and
then all my little ones, and I'm investing.
Speaker 1 (08:47):
And talk to me about that. You can't just drop
on and I do a little bit of investing and
not share with me. I'm literally Victoria, like I am
obsessed with investing. You can't say, oh, I do a
little bit of investing. Talk me through that. What does
that look like?
Speaker 3 (09:01):
So at the moment, it's just in com sick, just
into the ets. I've got about twelve thousand in that
at the moment. Obviously, my super which is sitting at
about fifteen thousand. I pay a little extra tax a
week two just to be safe. And I also have
an emergency fund of ten thousand, which I kind of
see as an investment for myself.
Speaker 1 (09:22):
So you're telling me you already have an emergency fund saved,
you're saving for your first home, you're saving for a
new car, you actually contribute every single week to savings
with your partner, and you still think you're a B minus. Like,
we'll talk about this later, my friend, But I am confused.
One of the most overwhelming things I think from our
community is talking about investing, but not just talking about
(09:43):
investing knowing where to start. So I want to know
you mentioned before com sec how did you come to
the decision that comseck was the right platform for you?
And I guess how are you then allocating your money
on that platform? Like what are you choosing and why
are you choosing it?
Speaker 3 (09:58):
So I have a couple of their preset ets. Yes,
I started out in Rais and Cheersias, but I feel
like with everything going on, I wasn't concentrating enough and
doing enough reading into it. So I thought, if I
pick an ETF that I really like, I look into
that a bit more, and I've just been investing in that.
I tried to put two hundred away a week.
Speaker 1 (10:19):
That's a lot. Yeah, that didn't work out most weeks.
Speaker 3 (10:23):
It does. Occasionally it doesn't. But if I can't hit that,
I just have the goal of five hundred a month.
Speaker 1 (10:29):
So we did some months before. You said you get
about one thousand dollars a week from being a chef.
You said about three point fifty from coals and then
maybe three hundred ish from door dash. You're then going
and spending you know, two fifty a week, putting that
into your savings with your partner. Obviously you're saving for
a house, a new car. Are you a budgeting queen?
Because like, I don't know how I would do what
you're doing, Like that is a lot of money.
Speaker 3 (10:51):
Yeah, I don't leave a lot for myself.
Speaker 1 (10:53):
I was about to say, tell me your budgeting strategy,
how does that work? Because this is very impressive you
are twenty, you want and I can't quite believe it.
I'm like, how did you do it?
Speaker 3 (11:02):
I kind of just have a thing set up on
my notes on my phone that I get my paycheck.
I think I do it every three months roughly, and
I write down everything and how much I'm earning, and
then I break it up and then readjust it every
three months when I need to, because obviously things change.
But yeah, I don't leave a lot for myself.
Speaker 1 (11:20):
And why don't you leave a lot for yourself? Is
that because your bigger goals are more important to you?
Is that just because sometimes we fall short? Is that
they talk me through what that means for your lifestyle.
Speaker 3 (11:30):
I'm too driven and I'm too stubborn, and I feel
selfish and angry at myself if I spend too much
money each week.
Speaker 1 (11:38):
No, no, that's bad. Like I know I'm not saying
spends more, but I think that money shouldn't really have
any level of judgment associated with it. And that sounds
like maybe you're being a little bit harsh on yourself.
Speaker 3 (11:50):
Probably it's the general vibe with me.
Speaker 1 (11:53):
All right, let's go to a really quick break and
on the flip side, I want to talk more about debt,
but also I feel like you've got some really good
money habits to share with us, So guys, don't go anywhere.
All right, let's dive straight back into it, because I
am arguably very impressed. I cannot believe at twenty one,
you know how to do this. I want to step
(12:16):
back a little bit to your money story though. So
you were talking about how you grew up with your
mom and then you moved in with your dad and
then your nana and now you live on your own,
and how you know, you watch your mom into our
several abusive relationships and it just kind of never seemed
to end. But you're the type of person who now
wants to be super financially independent. Something that usually happens
(12:37):
in those circumstances is you often see, like, let's just say,
a child follow in their parents' footsteps, because usually that
is role modeled as an acceptable relationship. Right, So how
did you know that that was something that you wanted
to break the mold of and what were the steps
that you took so that you were like, all right, well,
I'm going to be in a bit different or a
(12:58):
better position, because often what would you say like education
isn't as accessible in those circumstances. So tell me how
you did this, because apart from the fact that you
were a killer saver and an epic worker and have
the best work ethic I've ever seen, Like, this isn't
something that just comes naturally. So where did this come from?
I need to know?
Speaker 3 (13:18):
I guess just seeing the plane she goes through and
knowing that if she had had the money there, she
would have been able to leave earlier than what she did.
It's probably the biggest thing. I just I don't never
want to be put in that position. Yeah, I don't
really know how to describe it.
Speaker 1 (13:37):
No, it's really really wholesome. So what were your first steps?
Because you started working at fifteen? Was the driver behind
that to get some independence or was it to get
some cash? Or was it to help the family? Or like,
how did that start? Wanted a car very common reason
to get a first job.
Speaker 3 (13:53):
Yeah, yeah, so saving for a car I ended up
having to actually lend I think it was thirteen thousand
dollars to mom to get her out of trouble.
Speaker 1 (14:03):
And did you have that saved at that age?
Speaker 3 (14:05):
Yeah, I think it was about sixteen sixteen and a
half yard. Well she didn't ask, but it started like
two hundred dollars per week, two hundred dollars the other week.
So I was getting most of my paycheck.
Speaker 1 (14:16):
Yeah, wow, And how at you know, fifteen sixteen did
you feel about that?
Speaker 3 (14:21):
I was scared. I was scared I was going to
get it back. But at the same time, you know,
like the word bankruptcy was thrown around, and I couldn't
imagine mum having to go through all of that, and
she still had my little sister, So yeah, I wanted
to help her, and I guess her car didn't seem
that important. No.
Speaker 1 (14:39):
Absolutely, I feel like I'm so proud of you that
you were in a position where you could help your mum.
Is that something that you think has really driven you
to go? All right, well, now I've seen that circumstance.
I need to be fiercely independent.
Speaker 3 (14:52):
Yeah, one hundred percent. I'm stubbornly independent. I think get
a noise by boyfriends sometime, but.
Speaker 1 (15:00):
That's not the worst position to be. And so talk
me through your emergency fund. You said before, Look, I've
got ten grand sitting in an emergency fund. How did
you pick ten thousand dollars and at what age did
you start establishing that.
Speaker 3 (15:13):
I started establishing at probably the age of nineteen, roughly.
I worked it out at the time that it was
about five to six months worth of my expenses. So
like for some reason everything went wrong and I didn't
have a job, I was covered. I finished saving that
about I think just before I started this big savings chunk,
So it was about twenty Just yeah, so.
Speaker 1 (15:37):
You had ten grand just casually in an emergency fund
at the age of twenty.
Speaker 3 (15:41):
Yeah, just casually sitting there at the age.
Speaker 1 (15:43):
Of twenty, I was trying to work out how I
could take on more personal debt, was it really Yeah,
I don't recommend it. I was also spending every single
dollar that I earned. In fact, I was really really
good at going out every weekend and being like, I've
got fifty bucks. Well, we're not coming home with five bucks,
are we. That's for drinks exactly, exactly in this economy,
(16:05):
like that is at least two drinks nowadays. So it's
one of those things where I look back on it
and I'm just, you know, and you shouldn't do this.
You shouldn't compare your journey to somebody else's at all.
But I feel like, innately we all just immediately do that.
And I look at you and I'm like, you're a baby,
You're twenty one, you have so many years ahead of you.
You're going to be so financially successful. This is so exciting.
And then I go ooh, twenty one, I was a circus,
(16:29):
like I was questionable. So talk to me about debt.
You said before you're going to save for a new car,
and you don't want to have any debt. So do
you have debt? And if so, what is it.
Speaker 3 (16:38):
I don't have any debt. I've never had any debt
at this point.
Speaker 1 (16:42):
Yes, So talk me through the idea of potentially taking
on some debt. How does that make you feel? Is
that something that you know you want to do? Is
that something where you're like, look, I really need to
do door dash? So maybe getting a new car is
an essential expense for me.
Speaker 3 (16:56):
The only time I really want to take debt on
at this point in my life life is to buy
the house. I feel like a car is something I
can budget for each week. I guess to say, it's
if I was paying off alone, like I'm making it
an obligation that I have to put that away, So
paying the loan off before I get the loan very fair.
Speaker 1 (17:17):
So talk me through your experience with debt. So you know,
having grown up and money obviously was a point of
contention in your relationships. I know that you lent money
to your mum, but was that because she was in
debt or was that because she just didn't have an income?
Or like, where does this aversion to taking on debt
come from?
Speaker 3 (17:35):
My mum being her very loving and trusting self, paid
off her partner at the time stebts No, and he left.
So then mum was couldn't get on top of everything.
And yeah, so she was working full time, but yeah,
she just couldn't get on top of it all.
Speaker 1 (17:53):
Oh so she just sounds like the most wholesome human
in the entire world. She trusts people too much and
does the best thing for everybody else, but not herself.
Speaker 3 (18:02):
Yes, that is my mom.
Speaker 1 (18:03):
Oh my heart. It breaks me when we just don't
have the level of financial education that we deserve to
find ourselves, not in these positions like she did not
deserve that. People have taken advantage of her because of
her kindness, and now she's the one that's on the
back foot, and that's not how the world should work.
Like it lowers my mind. Growing up, I feel like
(18:24):
you've probably learned to be very frugal, and it sounds like, ah,
you do have some pretty good money saving tips, so
I want to hear them right now. I'm meant to
ask you what is your best money habit, but I
actually just want to hear all of them. So let's
start with what you think your best is, and then
I'm probably gonna ask for more beings.
Speaker 3 (18:40):
Strict with my budgeting, I think is probably the biggest thing.
Like I lift by my budget, and if for some
reason i feel shoot one week at Cole's, I'll do
extra DoorDash to make up for it. Like I'm stubborn
in the fact that I don't want to budge from
that set budget each week.
Speaker 1 (18:58):
And when you say you're strict with budgeting, can you
talk me through what that might mean? So a lot
of people think that maybe strict with budgeting means you
like write down every single expense, or being strict with
budgeting might be really constricting yourself to a certain amount
that you spend every week. How do you go about that?
Speaker 3 (19:14):
So I have my thin it's about one hundred and
fifty dollars a week to spend on things that I
want or need and I don't go over that.
Speaker 1 (19:24):
So is that food and fuel? And like, talk me
through what that actually is made up of?
Speaker 3 (19:30):
Food? Fuel and if I want to do anything? One
hundred and fifty Yeah, that's.
Speaker 1 (19:35):
Like some normal people's entire grocery budget. Are you like
a wizard grocery budget?
Speaker 2 (19:41):
Oh?
Speaker 1 (19:41):
Like, talk me through. What are we buying at coals?
Speaker 3 (19:44):
Oh? Well, my partner and I do hello for us,
so we split that fifty to fifty.
Speaker 1 (19:47):
Yep, stunning. But we don't just eat dinner for breakfast,
lunch and dinner. So what are we eating for breakfast?
What are we eating for lunch?
Speaker 3 (19:53):
Like?
Speaker 1 (19:53):
I need to know because this is wild, Like you're
spending one hundred and fifty dollars a week and that's
my entire grocery budget. It's not coming from a judgmental place.
This is coming from a like, Hey, I think I
can learn from you. Please teach me your tips and
tricks because I think you're a wizard.
Speaker 3 (20:07):
I don't eat breakfast most mornings.
Speaker 1 (20:10):
Neither do I. So that's pretty good money saving hack terrible,
diet tip terrible. But this is a money podcast, not
a diet podcast, so makes sense.
Speaker 3 (20:18):
Definitely shouldn't be on it. If that's the case. With lunch,
I'm lucky at my shiftop we can make a toasty,
so I have a toasty for lunch.
Speaker 1 (20:25):
That's a good hack. Become a chef, Yeah, I like it.
How good? So you usually have like food at work
and stuff, and obviously that would bring it down. Genius,
absolutely genius when it comes to stuff like fun though,
what to you is like fun? And what is something
that you just don't let yourself budget for? And are
you going to enable yourself a bit more freedom in
(20:47):
the future or do you just think this is what
makes you most comfortable.
Speaker 3 (20:50):
I definitely want to give myself a bit more freedom,
I think, especially since stating my boyfriend, I've kind of
had to learn that I have to sometimes be a
bit more lenient and go out for dinner and go
out for breakfasts more and stuff like that. I'm hoping
once you speak two years saving things is over, I
can allow myself to put back a little bit on
(21:11):
working and hopefully find some hobbies.
Speaker 1 (21:15):
Yeah, no, that would be epic. When it comes to
this one hundred thousand dollars savings goal. Like, let's pretend
you hit the hundred thousand and we are wham bam,
thank you madam. It is sitting in the bank. What
happens on that day? Are we then buying a house?
If so, what does that look like or how does
that work?
Speaker 3 (21:34):
I hopefully have a house, depending on the market. I
have yet to see it breakers so hopefully find out
what I can and borrow and stuff. I would like
to keep one or two nights a week at Cole's
just to give me that little bit of a buffer
and I guess outlet to do something and then yeah,
just chill it home, watch TV. I'm pretty boring.
Speaker 1 (21:57):
It's all mine. Don't worry. Don't worry. My idea of
a really good night is one wine on the couch
and then I get to be in bed early after
a really good shower, like ten out of ten. Like,
very excited about that. So talk to me about this
one hundred thousand dollars savings goal. That is a massive goal,
and you're going to need some pretty good money habits
to get there. But I want to know your money
(22:19):
habit's going to be continuing after you get to that
one hundred thousand dollars or like, what does life look
like then, because at the moment, you know you said before,
I really want to be a little bit like kinded
myself and give myself a little bit more wiggle room
and you know, maybe pick up some hobbies. What does
that look like once you reach that goal?
Speaker 3 (22:36):
Well, depending if I have enough money for a deposit,
hopefully I will drop back significantly. I will stop doing
door dash. I will just do hopefully one or two
nights a wee hit Coles on top of my cheffing job.
I just like having that little bit extra just if
anything pops up, everything's okay, Just letting myself just be
(22:56):
a bit more free and not so strict with my
seventy eight hours a local week.
Speaker 1 (23:01):
Yeah, that's a lot, a lot, Like that is double
what normal people are actually doing, especially in such physically
demanding jobs. So like if someone says, oh, I work
seventy to eighty hours in a desk job, I kind
of go, oh okay, Like I used to do that too,
Like I get it. It's exhausting, but like as a chef,
you're in a kitchen and that's like fast paced the
(23:22):
entire time you're in a kitchen, Like it is hot,
it is steamy, it is yelling, it is like from
my perspective, I watched Gordon Ramsey at least four times,
so I am very educated on what a kitchen looks like.
But is that right? Like are you just always on
your feet? If so, how are you looking after you?
Speaker 3 (23:39):
But definitely pretty busy during services. I don't know. I've
never really had much of a self care kind of
I guess routine really just coming home at the end
of the day, having a nice share and getting into bed.
Speaker 1 (23:49):
Yeah fair is my underrated self care?
Speaker 3 (23:53):
Yeah?
Speaker 1 (23:53):
Underrated? Does a cost anything? Which which you love? So
I think that's it. There's honestly nothing better than a
good shower, though, Like, if anyone wants to argue that
my dms are open, but I want to know, let's
flip this on its head. I don't know if you've
got one, but I want to know, what do you
think your worst money habit is one thing I struggle with.
Speaker 3 (24:12):
My budget is sticky to a budget when it comes
to gift giving. Yeah, okay, I'm terrible at it.
Speaker 1 (24:18):
You are your mother's daughter. You are too generous my friend. Yeah,
so tell me about what that looks like, Like, how
do you feel when that happens? And what are you
usually spending too much on? Is it because you're not
planned enough or is it just because you get too
excited like I do about giving gifts to people.
Speaker 3 (24:34):
Yeah, I get too excited. I have little sub savers
I put money into each week, which covers like birthdays
and Christmases and everything. But yeah, I can't stick to it.
I'll see something and if it's way over budget, but
I know that they'll love it, so I'll still get it.
Speaker 1 (24:50):
Love love. I can resonate with that. But at the
same time, I feel like that might be some level
of self care for you, because I know that I
feel really good when I give gifts. I know that
can sound really lame to some people. And if that
does sound lame to you, that's because gift giving is
not your love language, and that is totally fine. But
for me, I just feel so good when I'm able
(25:10):
to help other people or give them something that I
know that they will love. And I do that all
the time, Like I end up going over budget because
I'll see something I'll be like, oh my gosh, money
diarist would be obsessed with this particular one thing, and
then I can't buy them anything else. Right, all right,
I want to talk about your money grade again. At
the start of this episode, this is wild to me,
you said that you're a B minus. You then proceeded
(25:31):
to tell us, Hey, the YEP, I have five to
six months worth of my expenses built up. I'm earning
a lot of money from literally three different jobs where
I work seventy to eighty hours a week. I'm investing
two hundred to two hundred and fifty dollars per week
with comseck Wild, and I'm just creating this super secure
financial future. I have fifteen grand in super I care
(25:53):
a lot about that. I want to buy a house,
I want to buy a new car. I've got really
clear goals. Why did you only say a bee and
what would it take for you personally to become an
A in your eyes?
Speaker 3 (26:04):
I think just achieving the goals. I feel like they're
very ambitious, and I get worried it's going to be
a point where I can't do it. So I just
think at the end of that, just being able to
say Okay, I did that, and doing a bit more
research into a broker probably next big thing that I
think I need to do.
Speaker 1 (26:24):
Oh if you don't even need to research it, I've
got a recommendation, Zella Money, go talk to Kate or
Nikki or Jack or Kristen like the girls are wizards.
I'm biased because it's actually my business, but that's what
I do when I'm not podcasting and getting to talk
to our community. I am literally running a mortgage broking business,
so I'm a little bit biased.
Speaker 3 (26:42):
I'll definitely have to look into it, all right.
Speaker 1 (26:45):
Well, thank you so much. Unfortunately that is all we
had time for today. Money diarist, I cannot tell you
how much it means to me that you have spent
your time having a chat with me, even though we
had a few technical difficulties, and you have shared such
a beautiful story with our community that I know so
many people are going to learn from. Thank you.
Speaker 3 (27:02):
Thank you so much for having me.
Speaker 1 (27:10):
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
(27:30):
your needs. Victoria Divine and She's on the Money are
authorized representatives of Money. Sheper Pty Ltd ABN three two
one six four nine two seven seven zero eight AFSL
four five one two eight nine
Hello.
Speaker 2 (00:01):
My name's Santasha Nabananga Bamblet. I'm a proud Yr the
Order Kerney Whalbury 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 through
(00:23):
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 1 (00:33):
Let's get into it. She's on the Money, She's on
the Money. Hello, and welcome to She's on the Money,
(01:00):
the podcast for millennials who want financial freedom. Welcome back
to another one of our money diaries where I get
to talk to one of our incredible She's on the
Money community members all about their story. It's my favorite
thing in the entire world. Let's jump straight into it,
because this week we got a message and it went
like this. All right, before I get into it, I
(01:20):
do want to give you guys a little bit of
a content warning. We are going to be discussing abusive
relationships today, so If that is not something you are
ready to hear, we have a heap of different literally
hundreds of different episodes you could listen to. But if
you are ready for this content, we are diving right
in now. Hi Victoria, I'm twenty one, living out of
home and working three jobs with the goal of saving
(01:42):
one hundred thousand dollars in only two years. Currently, I'm
one year in and I'm on track to reach my goal.
This means I'm working seventy to eighty hours per week
as a full time chef and as a part time
supervisor at Coles. On my day off, I deliver for
door Dash and for Uber. Watching my mum enjoy several
abusive relationships is behind my drive to never ever be
(02:05):
financially dependent on anyone that shees on. The money community
have helped me so much, and I cannot wait to
share my story money diarist, I can't wait for you
to share your story either. Are you joking? What a hustler?
Speaker 3 (02:19):
Oh? It sounds so weird hearing it back?
Speaker 1 (02:21):
Is it inspiring? Hearing it back?
Speaker 2 (02:23):
Like?
Speaker 1 (02:23):
Does it make you proud?
Speaker 3 (02:24):
It does? I've realized how far I've come, So it's good.
Speaker 1 (02:28):
You're a queen, I love it. Let's start off where
we usually start, money direst I want to know if
we asked you to give yourself a money grade, what
would you grade your habits from A through to F.
Speaker 3 (02:38):
I would probably give myself a B minus.
Speaker 1 (02:40):
Oh, a B minus. I want to learn more about that. Obviously,
we're going to dive into it. My favorite question, though,
let's dive straight in. Can you tell me a little
bit more about your money story.
Speaker 3 (02:51):
I spent most of my childhood with my mum. My
parents divorced when I was just before too. She'd never
obviously had the best luck in a relationship. She got
herself in a few sticky situations. The longest one was
about seven years and yeah, he was very abusive physically, mentally, financially.
(03:13):
That was one of the reasons why my mum didn't
leave was because of the money aspect. When she eventually
got herself out of that, I lived with her a
little longer, but ended up moving in with my dad
just with everything going on in the area we were living.
Like her ex for showing up at my school, it
was a bit going on. I lived with dad for
a few years. I started working at fifteen, I worked
(03:37):
full time hours whilst at school, full.
Speaker 1 (03:40):
Time hours while at school pretty much. Yeah, oh my gosh,
did that burn you out or really impact your ability
to get I guess a good quality education.
Speaker 3 (03:49):
I was doing VCAL because at that time I was
doing a school based apprenticeship, so I was only at
school most days, four times a week. Not really Like,
I'm someone who's always been very driven, and I work
better mentally when I'm busy.
Speaker 1 (04:07):
Yeah, fair, same so I'm someone who can't sit still. Yeah, same,
literally same, Like that's why you know, you guys can't
see this because we're recording, but like I move around
the studio so much while we're talking, like I just
can't sit still. I feel like it's a certain personality
type because I know you've probably got girlfriends that say
the same thing. They're like, how on earth do you
work seventy to eighty hours a week? And we'll get
(04:29):
into it.
Speaker 3 (04:29):
But friends think I'm nuts exactly.
Speaker 1 (04:31):
And some people who thrive on it, and some people
who can do it for a short period of time
and then get burnt out. There's so many different people
in the world, and we all, you know, thrive in
different ways. So I'm so interested to hear how you
do it right? Tell me more, tell me more.
Speaker 3 (04:45):
So just before my eighteenth birthday, I had to leave
Dad's wasn't really feeling safe. So I lived with Nan
up until I was eighteen and had left school at
a study year twelve to start my apprenticeship full time,
and I saved up money and I moved out on
my own, in my little unit that I've been in
(05:05):
for the past three years.
Speaker 1 (05:07):
Ah, how good. So you moved out with your nan
and now you're living in your own little unit. How
did you get to the point where you were able
to afford your own unit? Was it something that you'd
been saving for ages or I don't know, I just
feel like going into your own unit. At that age,
that's a lot. I had to share house for ages,
and I could only afford like seven hundred bucks a
(05:28):
month rent, Like, what are you doing? How are you
doing it?
Speaker 3 (05:31):
It was tough because at that time I was a
second year apprentice and had no other income. I got
a little help from Centerlink Youth Allowance because obviously I
wasn't living with a parent at that age, so I
got exempt from that, so I was able to use that.
It was a lot. I didn't save a lot at
the start because I obviously didn't have a lot after
I paid my rent, which was like two hundred and
(05:53):
ten dollars a week at the time.
Speaker 1 (05:54):
That's a lot at that age.
Speaker 3 (05:56):
Yeah, it was scary. Yeah, I needed to do it.
And I love my name I'm I really do. But yeah,
I don't know how to describe it. I felt nurtured
in a way that I hadn't been nurtured in a
very long time. So I was very suffocating.
Speaker 1 (06:09):
That's fair, but that's also I don't know. They were
probably trying their best, right. Do you still have a
good relationship with them?
Speaker 3 (06:15):
Oh yeah, one hundred percent. Yeah, yeah, yeah, they're angels.
I loved it for it.
Speaker 1 (06:19):
This is all a bit too much. I need my
own space.
Speaker 3 (06:22):
Yeah, Like it was all out of love and I
love them dearly for it.
Speaker 1 (06:26):
But yeah, sometimes that can be a little bit too much.
I totally resonate with that, all right. I want to
know a bit more about work. So when it comes
to work, we know that you work as a chef
and you're also a supervisor at coals, but can you
talk me through what that is, what your jobs are
and how much money you earn?
Speaker 3 (06:44):
Okay, so full type chef, I owned sixty five a year.
It's roughly one thousand take home a week. I do,
depending on the week, fifteen to twenty five hours at
coals in the evening as a service manager supervisor, which
(07:05):
most weeks is about three hundred and fifty, and then
I do DoorDash on my two days off from my
cheffing job, which I can get around three hundred after
tax per week.
Speaker 1 (07:17):
How good is that? You're killing it?
Speaker 3 (07:19):
Yeah, I can't sit still.
Speaker 1 (07:20):
I was about to say, but does it kill you?
You're getting burnt down. I feel like that's a lot
of hours that you're spending not on yourself.
Speaker 3 (07:28):
Yes, though there are some weeks where I do struggle,
but at the end of the day, I know what
I'm doing it for. So that's a massive drive.
Speaker 1 (07:37):
So talk to me. Obviously, that's the next question. What's
the big money goal? Obviously we're saving one hundred thousand
dollars in two years and you're doing really well. My
producer let a sneaky go and said, save fifty seven
thousand dollars so far. How are you doing that? Because
that is crazy? But also, why are we doing that.
Speaker 3 (07:56):
So there's a few bigger ones. The biggest one's a house, obviously,
with the market at the moment more scared than what
I was at the start. But I have about thirty
five saved in that, which have a long way to
go still. I am saving for a new car because
obviously with the door Dash, I'm very much adding kes
(08:17):
onto my car.
Speaker 1 (08:18):
Yeah, that's fair. That's something that I think a lot
of people don't consider when they take on door Dash
or Uber or any type of delivery service. Right.
Speaker 3 (08:26):
Yeah, the case add up so quickly. So I'm putting
about one hundred and fifty into that each week because
I'm hoping I won't have to take out alone when
I buy the car that I'm in now, like I
didn't have to for my first car. I am also
doing a little savings with my partner, which I put
about two hundred and fifty in a week. Yeah, and
then all my little ones, and I'm investing.
Speaker 1 (08:47):
And talk to me about that. You can't just drop
on and I do a little bit of investing and
not share with me. I'm literally Victoria, like I am
obsessed with investing. You can't say, oh, I do a
little bit of investing. Talk me through that. What does
that look like?
Speaker 3 (09:01):
So at the moment, it's just in com sick, just
into the ets. I've got about twelve thousand in that
at the moment. Obviously, my super which is sitting at
about fifteen thousand. I pay a little extra tax a
week two just to be safe. And I also have
an emergency fund of ten thousand, which I kind of
see as an investment for myself.
Speaker 1 (09:22):
So you're telling me you already have an emergency fund saved,
you're saving for your first home, you're saving for a
new car, you actually contribute every single week to savings
with your partner, and you still think you're a B minus. Like,
we'll talk about this later, my friend, But I am confused.
One of the most overwhelming things I think from our
community is talking about investing, but not just talking about
(09:43):
investing knowing where to start. So I want to know
you mentioned before com sec how did you come to
the decision that comseck was the right platform for you?
And I guess how are you then allocating your money
on that platform? Like what are you choosing and why
are you choosing it?
Speaker 3 (09:58):
So I have a couple of their preset ets. Yes,
I started out in Rais and Cheersias, but I feel
like with everything going on, I wasn't concentrating enough and
doing enough reading into it. So I thought, if I
pick an ETF that I really like, I look into
that a bit more, and I've just been investing in that.
I tried to put two hundred away a week.
Speaker 1 (10:19):
That's a lot. Yeah, that didn't work out most weeks.
Speaker 3 (10:23):
It does. Occasionally it doesn't. But if I can't hit that,
I just have the goal of five hundred a month.
Speaker 1 (10:29):
So we did some months before. You said you get
about one thousand dollars a week from being a chef.
You said about three point fifty from coals and then
maybe three hundred ish from door dash. You're then going
and spending you know, two fifty a week, putting that
into your savings with your partner. Obviously you're saving for
a house, a new car. Are you a budgeting queen?
Because like, I don't know how I would do what
you're doing, Like that is a lot of money.
Speaker 3 (10:51):
Yeah, I don't leave a lot for myself.
Speaker 1 (10:53):
I was about to say, tell me your budgeting strategy,
how does that work? Because this is very impressive you
are twenty, you want and I can't quite believe it.
I'm like, how did you do it?
Speaker 3 (11:02):
I kind of just have a thing set up on
my notes on my phone that I get my paycheck.
I think I do it every three months roughly, and
I write down everything and how much I'm earning, and
then I break it up and then readjust it every
three months when I need to, because obviously things change.
But yeah, I don't leave a lot for myself.
Speaker 1 (11:20):
And why don't you leave a lot for yourself? Is
that because your bigger goals are more important to you?
Is that just because sometimes we fall short? Is that
they talk me through what that means for your lifestyle.
Speaker 3 (11:30):
I'm too driven and I'm too stubborn, and I feel
selfish and angry at myself if I spend too much
money each week.
Speaker 1 (11:38):
No, no, that's bad. Like I know I'm not saying
spends more, but I think that money shouldn't really have
any level of judgment associated with it. And that sounds
like maybe you're being a little bit harsh on yourself.
Speaker 3 (11:50):
Probably it's the general vibe with me.
Speaker 1 (11:53):
All right, let's go to a really quick break and
on the flip side, I want to talk more about debt,
but also I feel like you've got some really good
money habits to share with us, So guys, don't go anywhere.
All right, let's dive straight back into it, because I
am arguably very impressed. I cannot believe at twenty one,
you know how to do this. I want to step
(12:16):
back a little bit to your money story though. So
you were talking about how you grew up with your
mom and then you moved in with your dad and
then your nana and now you live on your own,
and how you know, you watch your mom into our
several abusive relationships and it just kind of never seemed
to end. But you're the type of person who now
wants to be super financially independent. Something that usually happens
(12:37):
in those circumstances is you often see, like, let's just say,
a child follow in their parents' footsteps, because usually that
is role modeled as an acceptable relationship. Right, So how
did you know that that was something that you wanted
to break the mold of and what were the steps
that you took so that you were like, all right, well,
I'm going to be in a bit different or a
(12:58):
better position, because often what would you say like education
isn't as accessible in those circumstances. So tell me how
you did this, because apart from the fact that you
were a killer saver and an epic worker and have
the best work ethic I've ever seen, Like, this isn't
something that just comes naturally. So where did this come from?
I need to know?
Speaker 3 (13:18):
I guess just seeing the plane she goes through and
knowing that if she had had the money there, she
would have been able to leave earlier than what she did.
It's probably the biggest thing. I just I don't never
want to be put in that position. Yeah, I don't
really know how to describe it.
Speaker 1 (13:37):
No, it's really really wholesome. So what were your first steps?
Because you started working at fifteen? Was the driver behind
that to get some independence or was it to get
some cash? Or was it to help the family? Or like,
how did that start? Wanted a car very common reason
to get a first job.
Speaker 3 (13:53):
Yeah, yeah, so saving for a car I ended up
having to actually lend I think it was thirteen thousand
dollars to mom to get her out of trouble.
Speaker 1 (14:03):
And did you have that saved at that age?
Speaker 3 (14:05):
Yeah, I think it was about sixteen sixteen and a
half yard. Well she didn't ask, but it started like
two hundred dollars per week, two hundred dollars the other week.
So I was getting most of my paycheck.
Speaker 1 (14:16):
Yeah, wow, And how at you know, fifteen sixteen did
you feel about that?
Speaker 3 (14:21):
I was scared. I was scared I was going to
get it back. But at the same time, you know,
like the word bankruptcy was thrown around, and I couldn't
imagine mum having to go through all of that, and
she still had my little sister, So yeah, I wanted
to help her, and I guess her car didn't seem
that important. No.
Speaker 1 (14:39):
Absolutely, I feel like I'm so proud of you that
you were in a position where you could help your mum.
Is that something that you think has really driven you
to go? All right, well, now I've seen that circumstance.
I need to be fiercely independent.
Speaker 3 (14:52):
Yeah, one hundred percent. I'm stubbornly independent. I think get
a noise by boyfriends sometime, but.
Speaker 1 (15:00):
That's not the worst position to be. And so talk
me through your emergency fund. You said before, Look, I've
got ten grand sitting in an emergency fund. How did
you pick ten thousand dollars and at what age did
you start establishing that.
Speaker 3 (15:13):
I started establishing at probably the age of nineteen, roughly.
I worked it out at the time that it was
about five to six months worth of my expenses. So
like for some reason everything went wrong and I didn't
have a job, I was covered. I finished saving that
about I think just before I started this big savings chunk,
So it was about twenty Just yeah, so.
Speaker 1 (15:37):
You had ten grand just casually in an emergency fund
at the age of twenty.
Speaker 3 (15:41):
Yeah, just casually sitting there at the age.
Speaker 1 (15:43):
Of twenty, I was trying to work out how I
could take on more personal debt, was it really Yeah,
I don't recommend it. I was also spending every single
dollar that I earned. In fact, I was really really
good at going out every weekend and being like, I've
got fifty bucks. Well, we're not coming home with five bucks,
are we. That's for drinks exactly, exactly in this economy,
(16:05):
like that is at least two drinks nowadays. So it's
one of those things where I look back on it
and I'm just, you know, and you shouldn't do this.
You shouldn't compare your journey to somebody else's at all.
But I feel like, innately we all just immediately do that.
And I look at you and I'm like, you're a baby,
You're twenty one, you have so many years ahead of you.
You're going to be so financially successful. This is so exciting.
And then I go ooh, twenty one, I was a circus,
(16:29):
like I was questionable. So talk to me about debt.
You said before you're going to save for a new car,
and you don't want to have any debt. So do
you have debt? And if so, what is it.
Speaker 3 (16:38):
I don't have any debt. I've never had any debt
at this point.
Speaker 1 (16:42):
Yes, So talk me through the idea of potentially taking
on some debt. How does that make you feel? Is
that something that you know you want to do? Is
that something where you're like, look, I really need to
do door dash? So maybe getting a new car is
an essential expense for me.
Speaker 3 (16:56):
The only time I really want to take debt on
at this point in my life life is to buy
the house. I feel like a car is something I
can budget for each week. I guess to say, it's
if I was paying off alone, like I'm making it
an obligation that I have to put that away, So
paying the loan off before I get the loan very fair.
Speaker 1 (17:17):
So talk me through your experience with debt. So you know,
having grown up and money obviously was a point of
contention in your relationships. I know that you lent money
to your mum, but was that because she was in
debt or was that because she just didn't have an income?
Or like, where does this aversion to taking on debt
come from?
Speaker 3 (17:35):
My mum being her very loving and trusting self, paid
off her partner at the time stebts No, and he left.
So then mum was couldn't get on top of everything.
And yeah, so she was working full time, but yeah,
she just couldn't get on top of it all.
Speaker 1 (17:53):
Oh so she just sounds like the most wholesome human
in the entire world. She trusts people too much and
does the best thing for everybody else, but not herself.
Speaker 3 (18:02):
Yes, that is my mom.
Speaker 1 (18:03):
Oh my heart. It breaks me when we just don't
have the level of financial education that we deserve to
find ourselves, not in these positions like she did not
deserve that. People have taken advantage of her because of
her kindness, and now she's the one that's on the
back foot, and that's not how the world should work.
Like it lowers my mind. Growing up, I feel like
(18:24):
you've probably learned to be very frugal, and it sounds like, ah,
you do have some pretty good money saving tips, so
I want to hear them right now. I'm meant to
ask you what is your best money habit, but I
actually just want to hear all of them. So let's
start with what you think your best is, and then
I'm probably gonna ask for more beings.
Speaker 3 (18:40):
Strict with my budgeting, I think is probably the biggest thing.
Like I lift by my budget, and if for some
reason i feel shoot one week at Cole's, I'll do
extra DoorDash to make up for it. Like I'm stubborn
in the fact that I don't want to budge from
that set budget each week.
Speaker 1 (18:58):
And when you say you're strict with budgeting, can you
talk me through what that might mean? So a lot
of people think that maybe strict with budgeting means you
like write down every single expense, or being strict with
budgeting might be really constricting yourself to a certain amount
that you spend every week. How do you go about that?
Speaker 3 (19:14):
So I have my thin it's about one hundred and
fifty dollars a week to spend on things that I
want or need and I don't go over that.
Speaker 1 (19:24):
So is that food and fuel? And like, talk me
through what that actually is made up of?
Speaker 3 (19:30):
Food? Fuel and if I want to do anything? One
hundred and fifty Yeah, that's.
Speaker 1 (19:35):
Like some normal people's entire grocery budget. Are you like
a wizard grocery budget?
Speaker 2 (19:41):
Oh?
Speaker 1 (19:41):
Like, talk me through. What are we buying at coals?
Speaker 3 (19:44):
Oh? Well, my partner and I do hello for us,
so we split that fifty to fifty.
Speaker 1 (19:47):
Yep, stunning. But we don't just eat dinner for breakfast,
lunch and dinner. So what are we eating for breakfast?
What are we eating for lunch?
Speaker 3 (19:53):
Like?
Speaker 1 (19:53):
I need to know because this is wild, Like you're
spending one hundred and fifty dollars a week and that's
my entire grocery budget. It's not coming from a judgmental place.
This is coming from a like, Hey, I think I
can learn from you. Please teach me your tips and
tricks because I think you're a wizard.
Speaker 3 (20:07):
I don't eat breakfast most mornings.
Speaker 1 (20:10):
Neither do I. So that's pretty good money saving hack terrible,
diet tip terrible. But this is a money podcast, not
a diet podcast, so makes sense.
Speaker 3 (20:18):
Definitely shouldn't be on it. If that's the case. With lunch,
I'm lucky at my shiftop we can make a toasty,
so I have a toasty for lunch.
Speaker 1 (20:25):
That's a good hack. Become a chef, Yeah, I like it.
How good? So you usually have like food at work
and stuff, and obviously that would bring it down. Genius,
absolutely genius when it comes to stuff like fun though,
what to you is like fun? And what is something
that you just don't let yourself budget for? And are
you going to enable yourself a bit more freedom in
(20:47):
the future or do you just think this is what
makes you most comfortable.
Speaker 3 (20:50):
I definitely want to give myself a bit more freedom,
I think, especially since stating my boyfriend, I've kind of
had to learn that I have to sometimes be a
bit more lenient and go out for dinner and go
out for breakfasts more and stuff like that. I'm hoping
once you speak two years saving things is over, I
can allow myself to put back a little bit on
(21:11):
working and hopefully find some hobbies.
Speaker 1 (21:15):
Yeah, no, that would be epic. When it comes to
this one hundred thousand dollars savings goal. Like, let's pretend
you hit the hundred thousand and we are wham bam,
thank you madam. It is sitting in the bank. What
happens on that day? Are we then buying a house?
If so, what does that look like or how does
that work?
Speaker 3 (21:34):
I hopefully have a house, depending on the market. I
have yet to see it breakers so hopefully find out
what I can and borrow and stuff. I would like
to keep one or two nights a week at Cole's
just to give me that little bit of a buffer
and I guess outlet to do something and then yeah,
just chill it home, watch TV. I'm pretty boring.
Speaker 1 (21:57):
It's all mine. Don't worry. Don't worry. My idea of
a really good night is one wine on the couch
and then I get to be in bed early after
a really good shower, like ten out of ten. Like,
very excited about that. So talk to me about this
one hundred thousand dollars savings goal. That is a massive goal,
and you're going to need some pretty good money habits
to get there. But I want to know your money
(22:19):
habit's going to be continuing after you get to that
one hundred thousand dollars or like, what does life look
like then, because at the moment, you know you said before,
I really want to be a little bit like kinded
myself and give myself a little bit more wiggle room
and you know, maybe pick up some hobbies. What does
that look like once you reach that goal?
Speaker 3 (22:36):
Well, depending if I have enough money for a deposit,
hopefully I will drop back significantly. I will stop doing
door dash. I will just do hopefully one or two
nights a wee hit Coles on top of my cheffing job.
I just like having that little bit extra just if
anything pops up, everything's okay, Just letting myself just be
(22:56):
a bit more free and not so strict with my
seventy eight hours a local week.
Speaker 1 (23:01):
Yeah, that's a lot, a lot, Like that is double
what normal people are actually doing, especially in such physically
demanding jobs. So like if someone says, oh, I work
seventy to eighty hours in a desk job, I kind
of go, oh okay, Like I used to do that too,
Like I get it. It's exhausting, but like as a chef,
you're in a kitchen and that's like fast paced the
(23:22):
entire time you're in a kitchen, Like it is hot,
it is steamy, it is yelling, it is like from
my perspective, I watched Gordon Ramsey at least four times,
so I am very educated on what a kitchen looks like.
But is that right? Like are you just always on
your feet? If so, how are you looking after you?
Speaker 3 (23:39):
But definitely pretty busy during services. I don't know. I've
never really had much of a self care kind of
I guess routine really just coming home at the end
of the day, having a nice share and getting into bed.
Speaker 1 (23:49):
Yeah fair is my underrated self care?
Speaker 3 (23:53):
Yeah?
Speaker 1 (23:53):
Underrated? Does a cost anything? Which which you love? So
I think that's it. There's honestly nothing better than a
good shower, though, Like, if anyone wants to argue that
my dms are open, but I want to know, let's
flip this on its head. I don't know if you've
got one, but I want to know, what do you
think your worst money habit is one thing I struggle with.
Speaker 3 (24:12):
My budget is sticky to a budget when it comes
to gift giving. Yeah, okay, I'm terrible at it.
Speaker 1 (24:18):
You are your mother's daughter. You are too generous my friend. Yeah,
so tell me about what that looks like, Like, how
do you feel when that happens? And what are you
usually spending too much on? Is it because you're not
planned enough or is it just because you get too
excited like I do about giving gifts to people.
Speaker 3 (24:34):
Yeah, I get too excited. I have little sub savers
I put money into each week, which covers like birthdays
and Christmases and everything. But yeah, I can't stick to it.
I'll see something and if it's way over budget, but
I know that they'll love it, so I'll still get it.
Speaker 1 (24:50):
Love love. I can resonate with that. But at the
same time, I feel like that might be some level
of self care for you, because I know that I
feel really good when I give gifts. I know that
can sound really lame to some people. And if that
does sound lame to you, that's because gift giving is
not your love language, and that is totally fine. But
for me, I just feel so good when I'm able
(25:10):
to help other people or give them something that I
know that they will love. And I do that all
the time, Like I end up going over budget because
I'll see something I'll be like, oh my gosh, money
diarist would be obsessed with this particular one thing, and
then I can't buy them anything else. Right, all right,
I want to talk about your money grade again. At
the start of this episode, this is wild to me,
you said that you're a B minus. You then proceeded
(25:31):
to tell us, Hey, the YEP, I have five to
six months worth of my expenses built up. I'm earning
a lot of money from literally three different jobs where
I work seventy to eighty hours a week. I'm investing
two hundred to two hundred and fifty dollars per week
with comseck Wild, and I'm just creating this super secure
financial future. I have fifteen grand in super I care
(25:53):
a lot about that. I want to buy a house,
I want to buy a new car. I've got really
clear goals. Why did you only say a bee and
what would it take for you personally to become an
A in your eyes?
Speaker 3 (26:04):
I think just achieving the goals. I feel like they're
very ambitious, and I get worried it's going to be
a point where I can't do it. So I just
think at the end of that, just being able to
say Okay, I did that, and doing a bit more
research into a broker probably next big thing that I
think I need to do.
Speaker 1 (26:24):
Oh if you don't even need to research it, I've
got a recommendation, Zella Money, go talk to Kate or
Nikki or Jack or Kristen like the girls are wizards.
I'm biased because it's actually my business, but that's what
I do when I'm not podcasting and getting to talk
to our community. I am literally running a mortgage broking business,
so I'm a little bit biased.
Speaker 3 (26:42):
I'll definitely have to look into it, all right.
Speaker 1 (26:45):
Well, thank you so much. Unfortunately that is all we
had time for today. Money diarist, I cannot tell you
how much it means to me that you have spent
your time having a chat with me, even though we
had a few technical difficulties, and you have shared such
a beautiful story with our community that I know so
many people are going to learn from. Thank you.
Speaker 3 (27:02):
Thank you so much for having me.
Speaker 1 (27:10):
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
(27:30):
your needs. Victoria Divine and She's on the Money are
authorized representatives of Money. Sheper Pty Ltd ABN three two
one six four nine two seven seven zero eight AFSL
four five one two eight nine
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