August 17, 2025 • 43 mins
What would you do if after your wedding you found out your husband was hiding $40,000 of secret debt? Well, this week's Money Diarist rolled up her sleeves, worked two jobs to pay it off… only for him to leave her afterwards. But plot twist: it turned out to be the best thing that could have happened to her. From financial betrayal to an unexpected glow-up, today’s diary has it all. Career wins, seriously good money habits, and the kind of second-chance love story that proves the boy you sat next to in primary school might just turn out to be your financial dream man. It’s messy, it’s funny, and it’s proof that sometimes life has bigger (and better) plans for your money than the ones you first signed up for.
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Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements.
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 - 451289.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
My name's Aatasha Bamblet. I'm a proud First Nations woman
and I'm here to acknowledge country t glennyan Ganya, Niana,
kaka ya Ya beIN ah Waka Nian our gay In Mbina,
yakarum jar Dominyama, Domaga Ithawakaman, damon Imlan bomber bang Gadabomba
in and now in wakah ghana on yak rum jar Watnadaa. Hello,
(00:22):
beautiful friends, we gather on the lands of the Aboriginal people.
We thank acknowledge and respect the Aberiginal 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, bringing you the tools,
knowledge and resources for you to thrive.
Speaker 2 (00:44):
She's on the Money.
Speaker 3 (00:46):
She's on the Money.
Speaker 4 (01:07):
Hello and welcome to She's on the Money, the podcast
that leeds v Pervy on other people's money habits for
educational purposes. Of course, we are back to one of
our money Dary episodes where I get the absolute privilege
of talking to one of our beautiful community members all
about their journey. Let's jump straight into it because this
week I got a message and it sounded exactly like
(01:28):
this dar, she's on the money. At thirty nine, I've
lived about three different financial lives. I married my ex
not knowing he had forty thousand dollars of secret debt,
then worked two jobs to pay it off, only for
him to divorce me. I bounced back, bought my own
house solo. Then I met my now husband and his
(01:48):
two gorgeous kids, sold my place, and together we bought
our dream family home after eloping in Iceland. Money Diarist
their second I read your bio. I was like, get
on the show, getting so much. That's like a special
type of chaos, but also just like so cool. But
also your first husband took advantage, Like what the heck?
Speaker 2 (02:11):
Yeah, my current husband and I have a just a
small joke because he's also been married before. But our
small joke is and it's just between us. It's not
for everyone, but we just say, we just say that
first marriages are like pancakes. It's okay to throw the
first one away.
Speaker 4 (02:26):
Yeah, that's fair. My mom's been divorced and then married
my dad, and she said that it's always important to
have a trial wedding. Yeah's a trial marriage because by
the second one she's like, you've really got it down.
The one thing my mom said that she did wrong though,
and again this is probably not for everybody, she said,
I should have married for money the first time in
love the second time, but she messed up and married
(02:47):
for love both times. Yeah, And I was like, yeah, mum, yeah,
you really messed that up because I could have been
born into generational wealth, but I wasn't. Was I.
Speaker 2 (02:54):
Oh, I mean, yeah, that's a wish we all have,
isn't it.
Speaker 4 (02:58):
Yeah, So like they're like pancakes, you can throw it away,
that's fine. And I like that you refer to your
husband as your current husband.
Speaker 2 (03:04):
Oh that's also another joke.
Speaker 4 (03:06):
Yeah, yeah, that's what I call my husband because it
just keeps him humble, keeps him on his toes. Like
I have not been married multiple times. I've been married once,
but you are currently my husband, like my current husband.
I could get another one, like just watch out, Like, oh.
Speaker 2 (03:22):
Look, if I do go for husband number three, it's
going to be for money. But I'm not getting rid
of this one. This one's a good one, do you
know what?
Speaker 4 (03:28):
Sorry TikTok the other day and it was this advice
from this old woman. I'm pretty sure it was AI,
but I don't care. And she said, don't marry for love,
marry for money because when the love drives up, at
least you'll be happy. And I was like, do you
know what marriage advice from AI is perfect?
Speaker 2 (03:43):
Any advice from AI is not to be trusted.
Speaker 4 (03:46):
Though we know that, Oh we know that, but do
you know what those things? I feel like you and
I might have a very similar sense of humor, and
I like that. But before we go any further, I
have to ask you, Money direst, what grade would you
give your money habits if I to give them a
grade from A through to F.
Speaker 2 (04:02):
I think comfortably today, I want to give myself a B. Okay,
I think I've taken some really good steps to compared
to you know, marrying a man with debt and getting divorced. Like,
I think I've taken some really good steps in my girl,
you definitely have my past. Yeah, so I'm confident with
a grade B today. No.
Speaker 4 (04:22):
I like that and I want to learn more about it.
But it sounds like you've had an epic bounce back,
like be so real. You went from your ex husband
divorcing you because you worked too, Not because you did,
but you worked two jobs, paid off this guy's debt,
then got ditched for it one out of ten and
then sorry, did you just get instant family? You went,
you got a husband, he had two kids. You've gone
(04:44):
and got married in Iceland. You have a beautiful dream
home together. I'm sorry you upgraded. That's a good deal.
Speaker 2 (04:49):
Definitely upgraded. Definitely definitely upgraded. Yeah, it was actually insane.
We got married and we all married for about a year,
and that's when I then found out the forty thousand
dollars worth of debt.
Speaker 4 (05:02):
Oh my god, how do you hide that from your
literal wife?
Speaker 2 (05:05):
Oh? I don't know. And you know, maybe I want
to say I was young and naive, but I was
thirty two, so I wasn't that young.
Speaker 4 (05:12):
No, you were still young. I'm sorry, so still young.
You're just a baby.
Speaker 2 (05:15):
Maybe it should have been a red flag, but at
the time, I was like, no, Okay, we can deal
with this, or.
Speaker 4 (05:20):
We can justify anything to ourselves, like and I think
that that's like a superpower and also our biggest downfall.
But like we as human beings want to see the
best in other people, like we want to so like,
I'm sorry, you're already married to this bloke, Like of
course you would have justified it and been like, oh,
you know what, he might have been really embarrassed by it.
He didn't want to tell me, Like we will come
(05:40):
up with every excuse under the sun. And while it's
not acceptable, I think it's also just so relatable. There
are going to be people listening to this that are like, oh,
I shouldn't accept that, and it's like, well no, but
also I get why you did.
Speaker 2 (05:53):
Yeah, I guess that. I never want to compare husbands,
but I guess the difference is that my current husband
and I can have mature, comfortable financial conversations, whereas my
ex husband, even after this, you know, revealing of the
forty thousand dollars worth of debt, he still just never
wanted to talk and take that appropriate steps. And so
(06:16):
it wasn't the forty thousand dollars worth of debt that
should have been the red flag. It was the inability
to have a mature conversation. I think that's where I
overlooked the red flag.
Speaker 4 (06:27):
Yeah, one hundred percent. And you know what, sometimes red
flags look like a carnival, and do you know what?
Women love carnivals?
Speaker 2 (06:32):
So stop.
Speaker 4 (06:35):
I just feel like I don't feel bad, But at
the same time, I'm like, no, like I get it.
So many of us, especially in retrospect, we go we
didn't see the red flags, and like then we feel
really silly for not having seen them, but like we're
so good at contextualizing things and justifying things, and like,
you know, not leaving a relationship where maybe we should
have because we're like no, surely, like I can see
(06:57):
the best in people, or surely I can? Do you
know more than that? So money diarist, I want to know.
Tell me a bit more about your money story, Like
where did it start.
Speaker 2 (07:06):
I grew up in a family. There were six of us,
four kids, a mom and dad. I got my first
job when I was thirteen.
Speaker 4 (07:12):
Very cool, very illegal.
Speaker 2 (07:13):
I love it, sweeping the floors of a hairdressing salon
and making cups of tea.
Speaker 4 (07:17):
Do you know what I would have loved that job
at thirteen.
Speaker 2 (07:20):
Oh, it was amazing.
Speaker 4 (07:21):
That would have been so good.
Speaker 2 (07:23):
I got five dollars an hour and I worked from
nine till one on a Saturday, and I thought I
was just raking in the money you were.
Speaker 4 (07:32):
I was a thirteen year old.
Speaker 2 (07:34):
I have blonde hair, and I have for my whole life,
but I never had to pay to have my hair blonde,
so that was also a very added bonus.
Speaker 4 (07:41):
That's a very good deal.
Speaker 2 (07:42):
So all your blonde is out there, try and get
a side job at a hairdressing salon.
Speaker 4 (07:46):
Yeah, because you'll also be the model.
Speaker 2 (07:48):
Yes, I think so. And from there, I just always
seemed to have two, sometimes three part time jobs while
I was at school and university, and then I just
sort of got into the mentality of it's like if
I work with job number one to live, and then
job number two that's my savings.
Speaker 4 (08:08):
I like this.
Speaker 2 (08:09):
I don't know where that mentality came from, but it
came from somewhere. That was amazing because then in my twenties,
my girlfriends and I just spent our whole twenties traveling.
But I always had a travel fun because I had
that second job.
Speaker 4 (08:22):
That's actually iconic, and I feel like that work ethic
is actually relatively rare. So like, if we look back
a bit further, like getting your first job at thirteen, yeah,
you thought you were a baller, but like why were
you looking for employment at thirteen?
Speaker 2 (08:36):
I think I just probably wanted to honestly by myself
at Billabong t shirt.
Speaker 4 (08:41):
Yeah that's pretty sick. I really wanted the roxy pencil, okay,
like the wet suit one with the dolphin.
Speaker 2 (08:47):
Yeah, of course, of course, I think that's probably it.
And I think my mom was like, Okay, well, why
don't you try and get a babysitting job? And then
I asked one mum of one of my brother's friends,
and she was like, I don't need a babysitter, bot,
I need someone to come sweep my salon. And then bang,
I had a job.
Speaker 4 (09:05):
But she's been willing and dealing since thirteen. I love it,
or sweeping and teaing, like I don't know how to
make that fit, but I like it. So you got
this first job at thirteen, and I think I'm just
like a little bit enamored, like in a good way,
with this like mindset, because then you were like, Okay, cool,
I'm always going to have like two jobs and I'm
going to work really hard. Is that something that's been
(09:25):
role modeled to you or was that just like a
I got my first job, I saw that I could
buy the bill of Bong t shirts. I really liked
the fact that I had that level of financial freedom
and wanted to keep it or like, well where do
you get that from? Because so many people they'll get
their first job and they'll be like, oh, this is
such a slog like oh I have to work ra rah,
but like your mentality feels different.
Speaker 2 (09:45):
Yeah, I wish that I had a click cut answer
for you on that one. So I got the hairdressing
job at thirteen, and then the second I turned fifteen,
I got a job at KFC.
Speaker 4 (09:54):
And wait, so free hair and chicken. Yes, this is
a good.
Speaker 2 (10:00):
Yeah, free air and free nuggets. And then it just
kind of clicked like, oh, I didn't actually have to
quit the hairdressing job. I can just work both of them.
I think during that time, like my parents got divorced
and like my mum had left our family unit and
it was just me and my brothers and my dad,
and I think I kind of just saw that if
I wanted to, you know, buy a car in the
(10:22):
next year or so, because I would have been old
enough to get my license, like I just had to
keep working to be able to buy it. Because I couldn't.
I couldn't ask my dad to do that for me.
So yeah, and I think I was surrounded. It sounds
so silly, doesn't it. I was surrounded at KFC by
other hard working females and we were all just hard
working together. And also it almost became a social gathering
(10:46):
that you wanted to go to work.
Speaker 4 (10:48):
Yeah, yeah, I get that totally. That was me and
my jobs. Like I feel like I went there obviously
to work, but also I just loved the social aspect
of it.
Speaker 2 (10:56):
Well twenty five years later and some of those girls
have been at both my weddings. Oh I love that.
Speaker 4 (11:02):
Yeah, yeah, I love that so much. And do you
know what, I actually think a lot of people are
I don't know. Whenever I have people on the show
and they're like, oh, I worked at McDonald's or I
worked at KFC, there seems to be this like hesitation
before you tell me, because you're like, oh, I worked
at macis or oh I worked at KC. Sorry. I
genuinely think that fast food is one of the best
(11:24):
jobs a young person can get because not only is
the pay reasonable like for your age, there's all these
social aspects, but most of these bigger fast food chains
have fantastic leadership programs, fantastic training. They fully engage you
in the process. It's not like, you know, at your
hairdressing job, which I'm sure was lots of fun as well,
(11:46):
you kind of just had your small tasks. It wasn't
really about the bigger picture. There wasn't like a line
of progression of like, okay, cool, you could move up
this career line, or you could do this training, whereas
like KC McDonald's and stuff like that, they provide that.
The amount of people that I have hired into my business,
who I go, Oh, it makes sense you had that training.
Like even my husband worked in fast food for more
(12:07):
than ten years while he was at UNI and whatnot.
I'm like, do you know how good he is at
like systems and processes and all of that stuff purely
because of his training through Hungry Jacks. By the way, Oh, lovely,
do you love Hungry Jacks? Same a whopper HiT's different.
It's really underrated.
Speaker 2 (12:23):
Oh I love Hungry Jacks. It's my favorite. If you
can survive, I'll say KFC. If you can survive working
at KFC on Mother's Day.
Speaker 4 (12:32):
Oh, you can do anything.
Speaker 2 (12:33):
A New Year's Day, you can survive anything. They were
the two craziest days of the year. And if you
can survive a ship there, like you are set for
life with stress management.
Speaker 4 (12:45):
New Year's Day, I fully got Mother's Day? Is that
like a big fast food day?
Speaker 2 (12:50):
Well? What I am talking? I worked there like in
the two thousand to two thousand and five, so we're
talking a long time ago. I don't know if people
still take their mums to KFC Mother's Day, but it
was extremely extremely popular. Never for Father's Day, always for
Mother's Day.
Speaker 4 (13:05):
Okay, I see what's going on there. And we don't
even need to have a gendered conversation right now. Yeah,
that's okay. So money Doris, moving on from that? No, no, no, perfect,
but like I would go on a full gender pay
gap brand and you just don't need that from me
right now, because right now I want to know what
do you do for work and how much money do
you earn?
Speaker 2 (13:22):
I work as a midwife in the New South Wales public.
Speaker 4 (13:26):
I knew it. We were speaking beforehand and I was like,
this woman is too kind, Like she's so nice. I
can hear in her voice she's got a lot of empathy.
You said you were working night shift and I said,
you can tell me about that later, like, don't spoil
it for me, and I was like, I reckon, she
works with babies. I am a champion.
Speaker 2 (13:44):
I do. I work as a midwife. Yeah. For New
South Wales Health. The way we get paid is in
years since you've graduated university. So I'm currently in my
eighth year and that is the highest. What do we
earn per day, per week, per year. It's going to
change depending on what shifts you do, so that's a
little difficult to pinpoint the exact amount.
Speaker 4 (14:04):
Yeah, that's rough. Do you have like a base salary
and then over time or how does that work?
Speaker 2 (14:08):
Well? I can just say what I earned in the
last financial year was one hundred and thirty thousand.
Speaker 4 (14:13):
Oh, very nice.
Speaker 2 (14:14):
That will pick up over time regularly, so I might
do anywhere between twelve to sixteen hours of overtime a
full night extra.
Speaker 4 (14:23):
I love that so much. And I just know that
you're one of the favorite people on your unit, aren't you,
because you said beforehand off air that you had made
your team like a little sweet treat to take to
work because they have to get through night shift. And
I was like this woman, this woman would win me
over immediately.
Speaker 2 (14:39):
Oh that's so kind. There are extra big smiles when
you walk in holding a baking tray or a tupperwork container.
Speaker 4 (14:45):
We are not mad. In fact, do you want to
come work at Shee's on the money, no overtime required.
Tell me what's it like working as a midwife. Was
that always your dream? Was that something that you were like,
I really want to be your midwife one day? Or
is it something you went into nursing and then like
fell into it. Like I love to know people's journey,
especially in like the healthcare space.
Speaker 2 (15:03):
I was twenty nine and working in an office and
just really thinking what am I doing? I'm just sitting
behind a computer, and I flipped a coin to I
knew I wanted to work with people and on my feet,
And I flipped a coin to either go into teaching
or nursing, and it landed on nursing. So I started
my degree and that was wonderful, And I.
Speaker 4 (15:25):
Love that, You're like, my entire career was based on
the flip of a coin and I love it. But
it worked.
Speaker 2 (15:30):
And then I just accidentally did a shift on a
maternity ward one day and went, wow, I could see
myself working here. So then I went back to university
and became a midwife and it's so amazing.
Speaker 4 (15:45):
Tell me, what is it about being a midwife that
you're like, I love this so much? Because I feel
like I don't ask people enough about why they love
their career as opposed to like, what do you wear? Okay, great,
no worries, move on, Like what about being a midwife
is so special?
Speaker 2 (15:59):
It's just being they're at the most exciting point of
their life and being able to help them. And I
do love a chit chat. So my shifts are twelve
and a half hours long, and.
Speaker 4 (16:09):
So if I'm oh, geez, the plus site is that.
Speaker 2 (16:12):
Only work three days a week, so that's fantastic. But yeah,
twelve and a half hours with the same woman and
her partner or a family and you get to know
them and you've become best friends, and then you deliver
their baby and then it's all just like happy smiles
and it's fantastic.
Speaker 4 (16:27):
That makes sense. Like I was in love with made
weird wife to the point where I was in labor
for like more than twenty four hours and spoiler, it
ended in an emergency cesarian. But when there was a
shift change, I cried because my midwife had to leave
and I was like, but I really like you, and
she was like, girl, like you're gonna love the next girl,
like we're all the same, Like it's all good. Like
I really like her too, and I was like, it's
(16:48):
not the point.
Speaker 2 (16:48):
No, they do like can you just stay? And I'm like,
oh what, I've been here twelve and a half hours.
I can't. I can't, but I'll come see you tomorrow.
So yeah, well she did, she did.
Speaker 4 (16:57):
Yeah, we all do see you guys are special.
Speaker 2 (17:00):
We all fall in love with you, guys like we
want to come see you, We want to come see baby.
We want to tell you how proud we are of
you and how much of a good job you did.
No matter what the end outcome was like, yeah, it's fantastic.
Speaker 4 (17:11):
I love it. No, I loved my midwife and I
loved my second midwife. I didn't love the emergency cesarean,
but it was like clearly for the best, but like
a journey that you literally need support on, like a
good midwife changes the trajectory of that entire journey. I promise. Oh,
it's so nice to hear, So talk to me. What
are your big goals? What are you currently working towards.
Speaker 2 (17:32):
Well, I would say that my big goal has been achieved.
As of five weeks ago, my husband and I bought.
Speaker 4 (17:38):
Your dream family huh.
Speaker 2 (17:40):
Your dream family home. Yes, so I guess my current
money goal is to get our mortgage under a million,
which is those numbers are disgusting, but that is my
current big financial goal.
Speaker 4 (17:53):
So let's rewind a little bit because I want to
know about the dream home, but I also want to
know about the lead up to it. So you met
your now husband and his true gorgeous cait, it's how
how did you meet your husband?
Speaker 2 (18:02):
Well, I mean technically on Instagram technically, but he and
I had met in the year nineteen ninety six when
he started at my primary school.
Speaker 4 (18:13):
Stop her, that is so cute.
Speaker 2 (18:16):
Yeah, so nineteen ninety six and then we were friends
and technology just did not exist the way it does now,
so you know, we became teenagers and went and lived
our separate lives. And then yeah, he popped up on
Instagram as someone you may know and I was like, yeah,
I know that boy, and we started chatting and then
we started hanging out and then we fell in love
(18:37):
and then I moved in like five weeks later, and
then here we are when you know, you know, yeah,
it's good. It's so good. He's so lovely.
Speaker 4 (18:43):
I am obsessed with that. My little sister is actually
married to a guy she went to prep with. And
I remember she was like, my sister's not going to
like that. I'm sharing this, So I don't really care either,
because I think it's a really cute story. But like,
she hadn't told my parents who she was dating, like
for a while, and then when she finally told my parents,
she was like, oh, yeah, his name's Sean Rayerra Mom
(19:04):
was like, oh, I know Sean and got out of
prep photos and they're sitting side by side. It's so cute.
Speaker 2 (19:11):
Yeah, it's great.
Speaker 4 (19:12):
That is the sweetest thing ever. The universe hooked you
guys up early. I was like, oh, wrong timing. We'll
come back to this. So how do you elope to Iceland?
How does that happen? What's the connection? Because like that
sounds so exciting but also so random.
Speaker 2 (19:28):
Yeah, we got engaged and then we started chit chatting
about like actually getting married, and we wanted to marry
each other. But you know wedding prices in Australia in
the twenty twenty four just.
Speaker 4 (19:39):
Why And also you've done it before as well, so
it's probably and I don't mean this in a bad way.
You definitely want to be married to that person, but
you're like, the wedding component is not as shiny as
it was the first time round.
Speaker 2 (19:49):
No, no, it's not. We also have been doing rounds
of IVF, so we wanted to do one really big
holiday before we started IBF, and then TikTok started showing
us videos of Iceland and we went, hey, let's go
to Iceland.
Speaker 4 (20:04):
I'm obsessed.
Speaker 2 (20:05):
A flip of the coin decided my career path and
TikTok decided my holiday destination, which then he was like, hey,
let's just get married. So we did. We eloped, no
one knew and it was so so magical.
Speaker 4 (20:17):
I love that so much. So then you come back,
so you mentioned before you got married in twenty twenty four,
so that was last year, yes, And then we.
Speaker 2 (20:26):
Had a fake wedding in April of this year where
again nobody knew, and we had a very small intimate
party where I pretend walked down the aisle.
Speaker 4 (20:35):
And then did you tell them that you'd eloped?
Speaker 2 (20:37):
We only told the kids that day, and that was
so excited.
Speaker 4 (20:40):
That's so cute.
Speaker 2 (20:41):
I loved well, really couldn't trust that they wouldn't open
their mouths.
Speaker 4 (20:45):
No, no, no, no, no, you can't trust kids with that
information because do you know what? That's exciting for them?
Like they would have wanted to share it, like that's
just so exciting. So then, how long had you been
planning on purchasing your dream family home? Is that something
they'd like? Had been an undertone comp station the whole time?
Speaker 2 (21:01):
Yeah? So I lived in my own property, but I
purchased by myself after I had gotten divorced. I lived
in that but it was about forty five minutes away
from where he and his kids lived. So I moved
in with him to a rental and then I rented
out the property I already owned. And we just seem
to have really bad luck with rental properties. Every time
we moved in, like six to twelve months later, the
(21:22):
owner would sell the home and then we would have
to move. And the last rental we moved into, I said,
this is the last one, Like, I can't pack up
our house again.
Speaker 4 (21:32):
Yeah, that's chaos. Moving is literally I hate moving, like
I just I can't deal with it.
Speaker 2 (21:37):
It is the worst. You just want to burn everything
you own and start again.
Speaker 4 (21:41):
It's the mental load as well, Like it's not just
like packing boxes. Fine, if you're getting to the packing
boxes stage, we're probably all good. But it's all of
the chaos and the logistics around that that drive me crazy.
Speaker 2 (21:54):
Submitting peoplework to the bank, like I'd rather do anything else.
But yeah, this year, we just woke up and went
all right, well, our lease is going to end in July,
let's start thinking about what we want to do. So
we put my property up on the market and I
was extremely lucky to sell it for almost two hundred
thousand more than I purchased it for. Yes, please, So
(22:17):
without that, Without that, there's no way we could have
afforded a four bedroom family home in Sydney, because we
all know what Sydney house prices are like right now.
So we sold once that money was in my pocket.
We had been looking all year, but then we were
able to be serious and we found something that ticked
(22:40):
all of our boxes, and before you know what, we
were standing in front of a fasault sign. Taking a selfie.
Speaker 4 (22:46):
That is so so cool. So tell me, did you
settle on it five weeks ago or purchase five weeks ago?
Speaker 2 (22:52):
Settle So we've been lived in. Yeah, we've been living
here and we already have wedding photos on the wall
and that just makes me so excited.
Speaker 4 (23:00):
I love love Like, that's literally the best. So now
we're at the dream home thing. You said, Look, my
big money goal has been achieved. But you also mentioned,
and I hope you don't mind me prying a little bit,
you mentioned that you've been going through some IVF. So
is that a really big money goal at the moment, Like,
because obviously we've done the marriage, we've moved in, we've
got the dream home, and like the next step in
(23:23):
my head if you've mentioned IVF, I'm assuming you want
to build your family. Is that part of the landscape here.
Speaker 2 (23:28):
Yeah. I didn't know if I should drop that as
a as a money goal, but it definitely is. It
is a money goal. We've been through a few rounds
which unfortunately have not been successful.
Speaker 4 (23:37):
I'm so sorry.
Speaker 2 (23:38):
Yeah, we're hoping for a successful round in the future,
and we definitely have to keep money to the side
for the payment of those.
Speaker 4 (23:46):
Yeah, and financially, what does that kind of look like
for you guys, because like it could be anywhere and
I don't know what it's like in New South Like
do you know a little bit about what it's like
in New South Wales? But it could be anywhere from
like six and a half thousand dollars to about twelve
thousand dollars a round in New South Wales.
Speaker 2 (24:01):
Yeah, those are the figures, and it's so hard to
then start thinking, well, how much do we have in
our back pocket because then you're almost like putting restrictions
on how many rounds you can financially go through.
Speaker 4 (24:14):
Yeah, especially if you're at that point where you're like
I just want a baby, like I just want to
build my family with this person, and then there's a
financial overlay, Like I just feel like it's so unfair
that that's the case.
Speaker 2 (24:26):
Yeah, it's ironic, isn't it. Being a midwife and not
being able to have a baby of our own.
Speaker 4 (24:32):
What's that like? Can I be really pervy? What's that like?
Going to work and obviously helping women deliver every day,
but then on the flip side, going through IVF struggles
that are clearly, like you said before, the rounds that
you've gone through so far haven't been successful, and that
would be heartbreaking. Like that's rough.
Speaker 2 (24:49):
It is hard, but it's not the women's fault that
my body just isn't cooperating. I think on a day
to day basis, it's okay because while I loved caring
for these women, they're not a part of my life.
So I'm able to separate. It just can be very tricky.
You just go, I just want one. I just want one,
(25:10):
Like can I just take one? Like please? That's so
many time it's hard because I'm just like, oh, I
don't drink, I don't do drugs. I you know, try
to live a good life, and my body won't cooperate.
Speaker 4 (25:23):
Also, as somebody, I've gone through now four losses and
for I would say, like close to twelve week losses,
which has been do you know what? Really shit? Like
there's nothing about that, Like there's no like, oh if
butt's about it. But I think for me, it's that
doubt that you have in your own body. I'm like,
I am so healthy. I have been on prenatal since
before I had Harvey. I have gone through all of this,
(25:44):
like I am the above and beyond. I'm drinking green juice,
I'm doing all of the things, like all I want
is a healthy baby. And then you see on socials,
oh surprise, oh my god, we didn't know what we
were going to do, and you're just like why me,
Like I'm desperate, like that's what I want, Like all
I want is a baby, and all I want is
for that journey to be my journey. And then somehow
(26:05):
it just so easily works for other women and they
might not have even wanted that journey, and you're like,
that doesn't feel fair, But unfortunately that is the way
that the cookie crumbles for some of us. And that's okay.
Speaker 2 (26:18):
It is okay. I have two wonderful step kids. They
are amazing, they're beautiful, they're fantastic.
Speaker 4 (26:23):
Well, I'm sending you all the baby dust because I
can tell like you are so before I was like, oh,
of course, she's a midwife, Like you are so empathetic,
Like I already know you're the best step mum, and
we're just waiting for you to become like a mum
of a baby that you burst like that's so exciting,
and I just know what's going to happen. Let's go
to a really quick break because on the flip side,
we're going to dive back into the money chat. All right, money, darrist,
(26:48):
we are back, and you have shared so much with
us that I think is going to be so helpful
for our community, like literally everything from eloping in Iceland
to IVF to buying a full bed dream house in
Sydney and then also meeting your now husband when you
were literal eleven year olds to then rekindling that love
on Instagram. I want to know now a bit more
(27:10):
about the financials though. Do you invest? If so in what?
If not? Why not?
Speaker 2 (27:14):
So? I only recently, like maybe one month ago, set
up a raise account, and I have zero idea what
I am doing.
Speaker 4 (27:24):
That's okay because like you did the hardest part.
Speaker 2 (27:28):
I've set it up. I'm doing the roundup like I'm
doing what it's doing, but I don't understand. So that's
my next like personal set of homework for myself is
to learn obsessed investments. My husband and I also have
bank accounts set up for the kids. They are aged
six and eleven, and so every week we each contribute
(27:51):
six and eleven dollars into their account. Per week.
Speaker 4 (27:54):
So that's how my pocket money worked growing up. But
it was a few years ago now, and we didn't
get a dollar per year. We got fifty cents per year.
Speaker 2 (28:03):
Oh. We worked it out that once they're twenty five,
it'll be like somewhere in the forty to fifty thousand dollars.
So it seems little to say we're just putting six
dollars a week in by.
Speaker 4 (28:12):
From little things, big things grow, that's exactly right.
Speaker 2 (28:15):
So investments, we have the accounts for the kids and
I've set up a raise account. That's where I'm at
with my investments at the moment. But I'm very eager
to educate myself.
Speaker 4 (28:23):
I'm obsessed. What does your superannuation look like?
Speaker 2 (28:26):
Oh, great question. It is one hundred and twenty nine.
Speaker 4 (28:30):
Thousand, Okay, So she's a very serious investor. She just
doesn't identify as that yet. That is a legitimate investment.
That is all in your name. Like you have one
hundred and twenty nine thousand dollars investable. Like that's crazy,
that's crazy. Like that's so good for your age as well.
Speaker 2 (28:46):
Oh, thank you that Okay, I'm excited to hear that.
Then I'm very excited to hear that.
Speaker 4 (28:51):
Oh girl, like you're thirty nine and one hundred and
twenty nine thousand dollars. That is way above average. Like
that is that is very sexy? That is very very nice.
Speaker 2 (29:00):
I'll let my husband know that I have a sexy.
Speaker 4 (29:02):
Oh he knows. Can I go back and ask some
more of perviey questions about your kids? So you said
that they were your step kids, and that is absolutely slay.
But the ownership you're taking over them, I'm obsessed with.
You're like, nope, but we do this together. These like
I'm contributing to their futures and I just I think
that is so beautiful. But how does that work? So, like,
(29:24):
you meet this man, here's the man of your dreams,
you want to marry the hell out of him. He's
got two kids. What type of conversations are you guys
having around that, Because that can be a fickle situation,
Like there is maybe a mum involved that also is
contributing to their futures or maybe there's not. Like every
situation is different, every like family is different. How does
that work for you?
Speaker 2 (29:45):
I really think from the get go, my husband and
I were having the hard hitting questions like straight up.
Speaker 4 (29:54):
You have to when there are kids involved. I'm sorry,
Like this actually is serious? Or we don't bother?
Speaker 2 (29:59):
Yeah, like about everything, just everything. We were having the
heart hitting conversations, which I think is so important. You
can fall in love with someone, but if you're not
on the same page, like on a day to day
basis with finances and raising kids and all that jazz.
So yeah, I don't know. I think it just made sense.
I love this man and we're best friends, and he's
(30:20):
got two kids, so of course they now suddenly.
Speaker 4 (30:23):
It's a package deal.
Speaker 2 (30:24):
It's a package deal.
Speaker 4 (30:25):
And see, I just knew you were kind human from
the start. I just know you're a good person. Like
that just tells me so much about you. Now let's
go into debt. That's maybe not the sexy stuff, but
I actually get to talk about your dream home again.
Tell me how much debt are you guys in? And
what for?
Speaker 2 (30:44):
The only debt we have is our mortgage.
Speaker 4 (30:47):
That is sexy. Again, you can tell your husband that's
sexy too.
Speaker 2 (30:50):
The only debt we have is our mortgage?
Speaker 4 (30:52):
And what does that look like?
Speaker 2 (30:53):
We bought from one point too then, because I was
already a homeowner. We got lumped with some stamp duty.
Speaker 4 (30:59):
I yeah, but also you're above the cap, so you're
always going to get stamp duty at a one point
two million dollar purchase price. Sorry okay, but that should
make you feel a little bit better about it, because
like you wouldn't have got first homeowner concessions in New
South Wales. I believe the first homeona concession caps out
at about nine hundred and fifty thousand dollars. Don't quote
me on that because I don't have my stats in
front of me, but I do own a mortgage broking business,
(31:20):
so I feel like I might know more than the
average bear.
Speaker 2 (31:24):
So in the end, it was one point twenty five
and we currently owe one point one but we have
one hundred and thirteen thousand in our offset stop it,
so I can't say that I have an emergency fund
or a.
Speaker 4 (31:37):
Yes you do, it's just sitting in your offset.
Speaker 2 (31:40):
We put it there for obviously the benefit of the
interest being charged, but it's there for IVF. It's there
for if anything happens.
Speaker 4 (31:48):
Oh, that makes me so happy that you've still got
like you've made a massive purchase, and that's terrifying, Like
anything over a million dollars, I get a little lump
in my throat and I'm like, oh, like that's a
lot of money. But to know that you've got that
financial freedom in a way for the journey, Like it's
not like you are week to week at this point
in your life.
Speaker 2 (32:07):
And that My husband and I've had a great conversation
where we have a personal limit that we don't want
to dip below.
Speaker 4 (32:15):
Can I be pervy? What's that limit? Look like?
Speaker 2 (32:18):
We don't want to dip below one hundred and ten
thousand in hour offset?
Speaker 4 (32:20):
So that's really fair? Do you know what is crazy?
I was having this conversation with a friend the other
day and money is really fickle, right, Like there are
going to be people listening to this who are like,
I don't even have five hundred dollars in a emergency
fund yet. And it's like that's fine. Like you're all
on different trajectories, you're all on different journeys, and like
we all start somewhere. But it's crazy. I remember being
(32:42):
in a massive amount of debt. For those of you
who maybe haven't heard my entire story, I was in
forty thousand dollars worth of consumer debt, got myself out
of that created cheese on the money, and the rest
is essentially history. But I remember when I started my
emergency fund and I got to my first five hundred dollars,
and you kind of set these little like benchmarks in
your head and you go, now it's a five hundred dollars.
I can never let it get below five hundred dollars.
(33:04):
And then that five hundred dollars becomes one thousand dollars,
and then over time it starts to get a little
bit bigger. And like, as my financial security has grown
and my income has increased, I've tried very hard to
invest and very hard to save. But like, it's crazy
how we get these numbers in our head and they
kind of like little benchmarks. But clearly you've gotten to
and I reckon, there was a previous time where it
(33:25):
was one hundred and now it's one hundred and ten
for you, And that's actually so cool because you're just
sitting on this financial security to put your family in
the best possible position. But like, it's crazy how past
me would have thought that one hundred thousand dollars was
an astronomical amount of money, and then today it's still
a lot of money. I'm not going to pretend it's not,
(33:46):
but it's now become the benchmark. And like, my husband
and I are the same, and we have about one
hundred thousand dollars sitting in our offset at the moment,
and like both of us are like, oh, well, it
can't go below that now, And it's like we've set
this rule up, this rule that we've made up. But
like when we first got together, the idea that we
would even have one hundred thousand dollars as a conversation
(34:08):
is mind blowing. So I just want to kind of
contextualize it a little bit. But also it's funny with
those benchmarking things when you said, we've got this goal
of like not letting it get blow one hundred and ten.
Isn't it crazy how we set these things up. But
they feel like very big goals and they're very serious,
but we've kind of just made them up.
Speaker 2 (34:24):
Yeah, no one's holding us to it, but it's great
to have the benchmark. My husband loves even numbers, so
if there was like, say one hundred and thirteen thousand,
nine hundred and eighty two dollars in there, he would
just go and transfer, like eighteen dollars over to make
it a whole number.
Speaker 4 (34:44):
So no, I'm the same, I'm exactly the same.
Speaker 2 (34:47):
I'm a bit plase it doesn't bother me like that.
But yeah, he's always for the even numbers, so it
means that we get a little bit of extra money
in there because he's forever just shuffling some dollars around.
Speaker 4 (34:56):
That's me, your husband and I must we would get along.
Speaker 2 (35:01):
Now.
Speaker 4 (35:01):
On debt, you've got one point one million dollars mortgage debt.
Talk to me about the repayments for that? Are they comfortable?
Are they something that you guys are like, Oh, it's
going to be a stretch for a little while. Like
what's the debt repayment situation on that mortgage?
Speaker 2 (35:14):
Looking like, Yeah, we do everything fortnightly because I get
paid fortnightly, so we pay everything fortnitly, and so far
we're okay.
Speaker 4 (35:23):
And are you on fixed or variable? Because we recently
had a point two five percent rate cut and banks
haven't passed that on yet, but they probably will very
soon and that will be a very welcome surprise to
a lot of mortgage holders. Yeah, we are very, very
very exciting.
Speaker 2 (35:37):
So I'll pray for that that passover for us.
Speaker 4 (35:39):
That should be passed on. It should be and if not,
you need to talk to your mortgage broker and make
them put the hard word on the bank.
Speaker 2 (35:45):
Oh I will, don't you worry. I love that our
mortgage repayments are probably almost my whole pay which is sad, but.
Speaker 4 (35:53):
It's the economy we live.
Speaker 2 (35:54):
It is the economy that we live in.
Speaker 4 (35:56):
And what does that leave you with? Each month? So
you and your husband do you earn about the same
amount or is it variably different?
Speaker 2 (36:03):
No? We actually earned within like five hundred dollars of
each other each financial year.
Speaker 4 (36:08):
Oh that's so cool.
Speaker 2 (36:10):
Yeah, I'm committed to picking up some extra overtime this
financial year just so I can be the one that's
five hundred dollars ahead.
Speaker 4 (36:16):
See, that would be me. It would become a game,
and I love winning.
Speaker 2 (36:20):
It is a game. I think it is a game
who can be there first?
Speaker 4 (36:23):
Would you say that that's one of your best money habits? Like,
if I asked you what is your best money habit?
What do you reckon? You would say, Oh, if.
Speaker 2 (36:30):
I can talk about me and my husband as one unit,
I think our best money habit is that we have
a finance chat in WhatsApp. It's titled finance Chat and
it's where we throw ideas around.
Speaker 4 (36:42):
That's so cute. I love this idea.
Speaker 2 (36:44):
And then Friday nights, we don't have my step kids
on that night, and so every so often we have
a finance Friday where we like discuss and reevaluate.
Speaker 4 (36:53):
Stop it.
Speaker 2 (36:53):
I think that's like probably one of our best things.
But the fact that we pay our bills fortnightly and
we contribute to the well.
Speaker 4 (37:00):
Don't you don't pay when it's due, We don't pay.
Speaker 2 (37:02):
So most of ourbiel's wear between three and five hundred dollars.
Speaker 4 (37:05):
Oh that is so sexy. I love this relationship with yours.
Speaker 2 (37:09):
Yeah, it's honestly. I just love him so much for
just how open and.
Speaker 4 (37:15):
You deserve this, Like you went through a divorce, and
I can almost guarantee that at some point during that
divorce you were like, my life is over. What the
hell I'm getting divorced? I never saw this coming. This
is why, babe, This is why, because there are better
things that came along. Like I'm so glad you got divorced.
Speaker 2 (37:30):
Yes, me so. But it's just great to have a
partner who is willing to have these conversations, and who
is willing to learn with you and take on suggestions
and even make suggestions like we are a team and
it's so so good.
Speaker 4 (37:44):
I love this for you. Flip the narrative, though, what's
your worst money habit?
Speaker 2 (37:49):
Is it?
Speaker 4 (37:49):
Baking for all your colleagues and expending lots on sweet treats,
because like, I feel like that could get expensive really quickly.
Speaker 2 (37:55):
Do you know how much butter costs these days? It's disgusting.
Speaker 4 (37:59):
I'm aware. That's why I think it's really expensive, Like
maybe we all need to swap to margarine.
Speaker 2 (38:04):
Maybe baking is expensive. I have slowed down on that.
My worst money habit would be probably being blonde because
that's expensive.
Speaker 4 (38:13):
Oh yeah, it used to be free when you were thirteen,
but it's not anymore. When you're a midwife. No one's
going to do your hair while they're in labor. I'm
so sorry.
Speaker 2 (38:21):
I would say I am very quick to suggest a
holiday yeah nice to my husband, and he will be like, okay, cool, Yeah,
let's do it. So I think that's probably my worst
money habit is I'll be like, okay, so we're ahead
of all our bills. Where can we go on holidays? Now? Oh?
Speaker 4 (38:36):
I love that though. That's kind of cute and also
sounds a little bit like me. I always tell my
husband that he's a neighborer because I'm like, I love
that you love me, and I love that you really
want me to be happy. So when I say, oh,
should we go on a holiday? You go, yeah, if
that's what you want to do, Like, we can totally
do that. No no, no, pull me into line, say no, no, no, Victoria,
We've got a mortgage, Like, tell me that that maybe
(38:58):
is not a good idea. So, like my best money habit,
I would say's my husband, Yeah, I hope that's it.
Speaker 2 (39:03):
Also, why are all these amazing artists doing so many
fun music tours lately? My husband and I probably our
number one hobby is live music, and it's just where
half our money goes, and it's just terrible.
Speaker 4 (39:17):
Look, I'm not mad about that. As somebody who also
enjoys live music, like we are guilty of that, and
now that we have a baby as well, I'm very
guilty of looking up like what's going on in the
summer kind of like the festival vibe ones where you
can take your kid, and like you know, by tick,
they're still expensive, but I would say it's even more
expensive because it's a day thing and then you end
up buying all of the food and all of the
(39:39):
drinks there and spending the day there. I'm not going
to like a night concert and then coming home.
Speaker 2 (39:43):
No, no, it's a family affair.
Speaker 4 (39:45):
Yeah yeah, so like it's a slippery slope.
Speaker 2 (39:47):
So yeah, definitely, my worst money habit is suggesting fun
activities and my husband's saying.
Speaker 4 (39:52):
Yes, yeah, okay, So our husband's are our downfall. That
is okay, our current husbands, our current money dost I
do have a question to like circle back to the start.
You said, look, I think I'm comfortably a B. But
then you went on to tell me, like I've got
this really great career that I love as a midwife,
Like I'm on one thirty k ish every financial year,
like I regularly do over time. You've clearly got your
(40:14):
stuff together because you are paying your bills in advance
every two weeks. Like you've just signed a mortgage. I
mean it was one point two million dollars or one
point two five million dollars, which is crazy, but you
only owe one point one million dollars and you also
have one hundred and thirteen thousand dollars in your offset account.
You casually dropped that you had one hundred and twenty
nine thousand dollars in your superannuation, which, by the way,
(40:36):
very very good amount for your age.
Speaker 2 (40:39):
Thank you.
Speaker 4 (40:40):
So I just feel like we're tracking pretty bloody well.
What would it take to get you from a B
to an A?
Speaker 5 (40:46):
Like?
Speaker 4 (40:46):
What does an A look like to you? Because like
in my head, I'm like, oh, you're very close to
a territory.
Speaker 2 (40:51):
Maybe some more education.
Speaker 4 (40:52):
I can help you with that. Actually, I have a suggestion.
We can talk about it later.
Speaker 2 (40:56):
I keep throwing around the idea of an investment property
to my husband, but I'm sure if that's the best
idea for us for our retirement, I'm not sure. So
probably I would say education would get me to an A.
Speaker 4 (41:08):
I love that, and I think that that's really important
because I think education would also help you contextualize where
you're sitting because at the moment, if I have a
look at like your super for example, you probably don't
know this because when I said, oh, that's really good,
you're like, oh, really was it? But the average superannuation
for a woman between the age of thirty five and
(41:28):
thirty nine is about eighty six thousand dollars. Oh, so
you're already running rings around that, like you're already ahead
of the curve. And I think that that's really exciting.
And if I go on to like a different super website,
which is a little bit more conservative, it says here
that the average superannuation balance for a woman between the
age of thirty five and thirty ninety seventy one thousand dollars.
Speaker 2 (41:47):
I know it doesn't make much difference, but I do
turn forty in two weeks, so just does that make
a difference.
Speaker 4 (41:53):
Okay, so the average forty year old has one hundred
thousand dollars in super.
Speaker 2 (41:58):
Oh so I'm still above average.
Speaker 4 (42:00):
You're still running rings around it like you're still killing it.
And I think that that's really important to contextualize. So
I think education is also about going, hey, actually, I'm
able to recognize where I'm building well and maybe could
continue building well because we need to give ourselves credit
as women, we just don't.
Speaker 2 (42:17):
Yeah, I guess we always think there's somewhere we can improve.
Speaker 4 (42:20):
One hundred percent, and we're all starting our journey at
different times and like for different things, but like we
all have different priorities as well, So I just think
you're doing really well and if that's what it takes
for you to get to an A, then that's fine.
But you're already on the right path. So I'm kind
of like she doesn't really need my health, so that's fantastic.
Speaker 2 (42:36):
Thank you for the pep talk.
Speaker 4 (42:37):
No, I love it well, money Dirives. I am very
sad that we have run out of time. It has
been a journey. I just feel like we would be
really good friends off air, so hopefully at some point
we get to cross paths in person. But thank you
so much for sharing your journey and your story and
so many just different parts that I know our community
is going to be obsessed with.
Speaker 2 (42:56):
No Worri. Thank you so much for having me and
for listening to me Ramball the first time talking to you, of.
Speaker 4 (43:01):
Course, thank you so much.
Speaker 5 (43:09):
The advice shared on She's on the Money is general
in nature and does not.
Speaker 4 (43:13):
Consider your individual circumstances.
Speaker 5 (43:16):
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.
Speaker 4 (43:29):
Towards your needs.
Speaker 5 (43:30):
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My name's Aatasha Bamblet. I'm a proud First Nations woman
and I'm here to acknowledge country t glennyan Ganya, Niana,
kaka ya Ya beIN ah Waka Nian our gay In Mbina,
yakarum jar Dominyama, Domaga Ithawakaman, damon Imlan bomber bang Gadabomba
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(00:22):
beautiful friends, we gather on the lands of the Aboriginal people.
We thank acknowledge and respect the Aberiginal 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, bringing you the tools,
knowledge and resources for you to thrive.
Speaker 2 (00:44):
She's on the Money.
Speaker 3 (00:46):
She's on the Money.
Speaker 4 (01:07):
Hello and welcome to She's on the Money, the podcast
that leeds v Pervy on other people's money habits for
educational purposes. Of course, we are back to one of
our money Dary episodes where I get the absolute privilege
of talking to one of our beautiful community members all
about their journey. Let's jump straight into it because this
week I got a message and it sounded exactly like
(01:28):
this dar, she's on the money. At thirty nine, I've
lived about three different financial lives. I married my ex
not knowing he had forty thousand dollars of secret debt,
then worked two jobs to pay it off, only for
him to divorce me. I bounced back, bought my own
house solo. Then I met my now husband and his
(01:48):
two gorgeous kids, sold my place, and together we bought
our dream family home after eloping in Iceland. Money Diarist
their second I read your bio. I was like, get
on the show, getting so much. That's like a special
type of chaos, but also just like so cool. But
also your first husband took advantage, Like what the heck?
Speaker 2 (02:11):
Yeah, my current husband and I have a just a
small joke because he's also been married before. But our
small joke is and it's just between us. It's not
for everyone, but we just say, we just say that
first marriages are like pancakes. It's okay to throw the
first one away.
Speaker 4 (02:26):
Yeah, that's fair. My mom's been divorced and then married
my dad, and she said that it's always important to
have a trial wedding. Yeah's a trial marriage because by
the second one she's like, you've really got it down.
The one thing my mom said that she did wrong though,
and again this is probably not for everybody, she said,
I should have married for money the first time in
love the second time, but she messed up and married
(02:47):
for love both times. Yeah, And I was like, yeah, mum, yeah,
you really messed that up because I could have been
born into generational wealth, but I wasn't. Was I.
Speaker 2 (02:54):
Oh, I mean, yeah, that's a wish we all have,
isn't it.
Speaker 4 (02:58):
Yeah, So like they're like pancakes, you can throw it away,
that's fine. And I like that you refer to your
husband as your current husband.
Speaker 2 (03:04):
Oh that's also another joke.
Speaker 4 (03:06):
Yeah, yeah, that's what I call my husband because it
just keeps him humble, keeps him on his toes. Like
I have not been married multiple times. I've been married once,
but you are currently my husband, like my current husband.
I could get another one, like just watch out, Like, oh.
Speaker 2 (03:22):
Look, if I do go for husband number three, it's
going to be for money. But I'm not getting rid
of this one. This one's a good one, do you
know what?
Speaker 4 (03:28):
Sorry TikTok the other day and it was this advice
from this old woman. I'm pretty sure it was AI,
but I don't care. And she said, don't marry for love,
marry for money because when the love drives up, at
least you'll be happy. And I was like, do you
know what marriage advice from AI is perfect?
Speaker 2 (03:43):
Any advice from AI is not to be trusted.
Speaker 4 (03:46):
Though we know that, Oh we know that, but do
you know what those things? I feel like you and
I might have a very similar sense of humor, and
I like that. But before we go any further, I
have to ask you, Money direst, what grade would you
give your money habits if I to give them a
grade from A through to F.
Speaker 2 (04:02):
I think comfortably today, I want to give myself a B. Okay,
I think I've taken some really good steps to compared
to you know, marrying a man with debt and getting divorced. Like,
I think I've taken some really good steps in my girl,
you definitely have my past. Yeah, so I'm confident with
a grade B today. No.
Speaker 4 (04:22):
I like that and I want to learn more about it.
But it sounds like you've had an epic bounce back,
like be so real. You went from your ex husband
divorcing you because you worked too, Not because you did,
but you worked two jobs, paid off this guy's debt,
then got ditched for it one out of ten and
then sorry, did you just get instant family? You went,
you got a husband, he had two kids. You've gone
(04:44):
and got married in Iceland. You have a beautiful dream
home together. I'm sorry you upgraded. That's a good deal.
Speaker 2 (04:49):
Definitely upgraded. Definitely definitely upgraded. Yeah, it was actually insane.
We got married and we all married for about a year,
and that's when I then found out the forty thousand
dollars worth of debt.
Speaker 4 (05:02):
Oh my god, how do you hide that from your
literal wife?
Speaker 2 (05:05):
Oh? I don't know. And you know, maybe I want
to say I was young and naive, but I was
thirty two, so I wasn't that young.
Speaker 4 (05:12):
No, you were still young. I'm sorry, so still young.
You're just a baby.
Speaker 2 (05:15):
Maybe it should have been a red flag, but at
the time, I was like, no, Okay, we can deal
with this, or.
Speaker 4 (05:20):
We can justify anything to ourselves, like and I think
that that's like a superpower and also our biggest downfall.
But like we as human beings want to see the
best in other people, like we want to so like,
I'm sorry, you're already married to this bloke, Like of
course you would have justified it and been like, oh,
you know what, he might have been really embarrassed by it.
He didn't want to tell me, Like we will come
(05:40):
up with every excuse under the sun. And while it's
not acceptable, I think it's also just so relatable. There
are going to be people listening to this that are like, oh,
I shouldn't accept that, and it's like, well no, but
also I get why you did.
Speaker 2 (05:53):
Yeah, I guess that. I never want to compare husbands,
but I guess the difference is that my current husband
and I can have mature, comfortable financial conversations, whereas my
ex husband, even after this, you know, revealing of the
forty thousand dollars worth of debt, he still just never
wanted to talk and take that appropriate steps. And so
(06:16):
it wasn't the forty thousand dollars worth of debt that
should have been the red flag. It was the inability
to have a mature conversation. I think that's where I
overlooked the red flag.
Speaker 4 (06:27):
Yeah, one hundred percent. And you know what, sometimes red
flags look like a carnival, and do you know what?
Women love carnivals?
Speaker 2 (06:32):
So stop.
Speaker 4 (06:35):
I just feel like I don't feel bad, But at
the same time, I'm like, no, like I get it.
So many of us, especially in retrospect, we go we
didn't see the red flags, and like then we feel
really silly for not having seen them, but like we're
so good at contextualizing things and justifying things, and like,
you know, not leaving a relationship where maybe we should
have because we're like no, surely, like I can see
(06:57):
the best in people, or surely I can? Do you
know more than that? So money diarist, I want to know.
Tell me a bit more about your money story, Like
where did it start.
Speaker 2 (07:06):
I grew up in a family. There were six of us,
four kids, a mom and dad. I got my first
job when I was thirteen.
Speaker 4 (07:12):
Very cool, very illegal.
Speaker 2 (07:13):
I love it, sweeping the floors of a hairdressing salon
and making cups of tea.
Speaker 4 (07:17):
Do you know what I would have loved that job
at thirteen.
Speaker 2 (07:20):
Oh, it was amazing.
Speaker 4 (07:21):
That would have been so good.
Speaker 2 (07:23):
I got five dollars an hour and I worked from
nine till one on a Saturday, and I thought I
was just raking in the money you were.
Speaker 4 (07:32):
I was a thirteen year old.
Speaker 2 (07:34):
I have blonde hair, and I have for my whole life,
but I never had to pay to have my hair blonde,
so that was also a very added bonus.
Speaker 4 (07:41):
That's a very good deal.
Speaker 2 (07:42):
So all your blonde is out there, try and get
a side job at a hairdressing salon.
Speaker 4 (07:46):
Yeah, because you'll also be the model.
Speaker 2 (07:48):
Yes, I think so. And from there, I just always
seemed to have two, sometimes three part time jobs while
I was at school and university, and then I just
sort of got into the mentality of it's like if
I work with job number one to live, and then
job number two that's my savings.
Speaker 4 (08:08):
I like this.
Speaker 2 (08:09):
I don't know where that mentality came from, but it
came from somewhere. That was amazing because then in my twenties,
my girlfriends and I just spent our whole twenties traveling.
But I always had a travel fun because I had
that second job.
Speaker 4 (08:22):
That's actually iconic, and I feel like that work ethic
is actually relatively rare. So like, if we look back
a bit further, like getting your first job at thirteen, yeah,
you thought you were a baller, but like why were
you looking for employment at thirteen?
Speaker 2 (08:36):
I think I just probably wanted to honestly by myself
at Billabong t shirt.
Speaker 4 (08:41):
Yeah that's pretty sick. I really wanted the roxy pencil, okay,
like the wet suit one with the dolphin.
Speaker 2 (08:47):
Yeah, of course, of course, I think that's probably it.
And I think my mom was like, Okay, well, why
don't you try and get a babysitting job? And then
I asked one mum of one of my brother's friends,
and she was like, I don't need a babysitter, bot,
I need someone to come sweep my salon. And then bang,
I had a job.
Speaker 4 (09:05):
But she's been willing and dealing since thirteen. I love it,
or sweeping and teaing, like I don't know how to
make that fit, but I like it. So you got
this first job at thirteen, and I think I'm just
like a little bit enamored, like in a good way,
with this like mindset, because then you were like, Okay, cool,
I'm always going to have like two jobs and I'm
going to work really hard. Is that something that's been
(09:25):
role modeled to you or was that just like a
I got my first job, I saw that I could
buy the bill of Bong t shirts. I really liked
the fact that I had that level of financial freedom
and wanted to keep it or like, well where do
you get that from? Because so many people they'll get
their first job and they'll be like, oh, this is
such a slog like oh I have to work ra rah,
but like your mentality feels different.
Speaker 2 (09:45):
Yeah, I wish that I had a click cut answer
for you on that one. So I got the hairdressing
job at thirteen, and then the second I turned fifteen,
I got a job at KFC.
Speaker 4 (09:54):
And wait, so free hair and chicken. Yes, this is
a good.
Speaker 2 (10:00):
Yeah, free air and free nuggets. And then it just
kind of clicked like, oh, I didn't actually have to
quit the hairdressing job. I can just work both of them.
I think during that time, like my parents got divorced
and like my mum had left our family unit and
it was just me and my brothers and my dad,
and I think I kind of just saw that if
I wanted to, you know, buy a car in the
(10:22):
next year or so, because I would have been old
enough to get my license, like I just had to
keep working to be able to buy it. Because I couldn't.
I couldn't ask my dad to do that for me.
So yeah, and I think I was surrounded. It sounds
so silly, doesn't it. I was surrounded at KFC by
other hard working females and we were all just hard
working together. And also it almost became a social gathering
(10:46):
that you wanted to go to work.
Speaker 4 (10:48):
Yeah, yeah, I get that totally. That was me and
my jobs. Like I feel like I went there obviously
to work, but also I just loved the social aspect
of it.
Speaker 2 (10:56):
Well twenty five years later and some of those girls
have been at both my weddings. Oh I love that.
Speaker 4 (11:02):
Yeah, yeah, I love that so much. And do you
know what, I actually think a lot of people are
I don't know. Whenever I have people on the show
and they're like, oh, I worked at McDonald's or I
worked at KFC, there seems to be this like hesitation
before you tell me, because you're like, oh, I worked
at macis or oh I worked at KC. Sorry. I
genuinely think that fast food is one of the best
(11:24):
jobs a young person can get because not only is
the pay reasonable like for your age, there's all these
social aspects, but most of these bigger fast food chains
have fantastic leadership programs, fantastic training. They fully engage you
in the process. It's not like, you know, at your
hairdressing job, which I'm sure was lots of fun as well,
(11:46):
you kind of just had your small tasks. It wasn't
really about the bigger picture. There wasn't like a line
of progression of like, okay, cool, you could move up
this career line, or you could do this training, whereas
like KC McDonald's and stuff like that, they provide that.
The amount of people that I have hired into my business,
who I go, Oh, it makes sense you had that training.
Like even my husband worked in fast food for more
(12:07):
than ten years while he was at UNI and whatnot.
I'm like, do you know how good he is at
like systems and processes and all of that stuff purely
because of his training through Hungry Jacks. By the way, Oh, lovely,
do you love Hungry Jacks? Same a whopper HiT's different.
It's really underrated.
Speaker 2 (12:23):
Oh I love Hungry Jacks. It's my favorite. If you
can survive, I'll say KFC. If you can survive working
at KFC on Mother's Day.
Speaker 4 (12:32):
Oh, you can do anything.
Speaker 2 (12:33):
A New Year's Day, you can survive anything. They were
the two craziest days of the year. And if you
can survive a ship there, like you are set for
life with stress management.
Speaker 4 (12:45):
New Year's Day, I fully got Mother's Day? Is that
like a big fast food day?
Speaker 2 (12:50):
Well? What I am talking? I worked there like in
the two thousand to two thousand and five, so we're
talking a long time ago. I don't know if people
still take their mums to KFC Mother's Day, but it
was extremely extremely popular. Never for Father's Day, always for
Mother's Day.
Speaker 4 (13:05):
Okay, I see what's going on there. And we don't
even need to have a gendered conversation right now. Yeah,
that's okay. So money Doris, moving on from that? No, no, no, perfect,
but like I would go on a full gender pay
gap brand and you just don't need that from me
right now, because right now I want to know what
do you do for work and how much money do
you earn?
Speaker 2 (13:22):
I work as a midwife in the New South Wales public.
Speaker 4 (13:26):
I knew it. We were speaking beforehand and I was like,
this woman is too kind, Like she's so nice. I
can hear in her voice she's got a lot of empathy.
You said you were working night shift and I said,
you can tell me about that later, like, don't spoil
it for me, and I was like, I reckon, she
works with babies. I am a champion.
Speaker 2 (13:44):
I do. I work as a midwife. Yeah. For New
South Wales Health. The way we get paid is in
years since you've graduated university. So I'm currently in my
eighth year and that is the highest. What do we
earn per day, per week, per year. It's going to
change depending on what shifts you do, so that's a
little difficult to pinpoint the exact amount.
Speaker 4 (14:04):
Yeah, that's rough. Do you have like a base salary
and then over time or how does that work?
Speaker 2 (14:08):
Well? I can just say what I earned in the
last financial year was one hundred and thirty thousand.
Speaker 4 (14:13):
Oh, very nice.
Speaker 2 (14:14):
That will pick up over time regularly, so I might
do anywhere between twelve to sixteen hours of overtime a
full night extra.
Speaker 4 (14:23):
I love that so much. And I just know that
you're one of the favorite people on your unit, aren't you,
because you said beforehand off air that you had made
your team like a little sweet treat to take to
work because they have to get through night shift. And
I was like this woman, this woman would win me
over immediately.
Speaker 2 (14:39):
Oh that's so kind. There are extra big smiles when
you walk in holding a baking tray or a tupperwork container.
Speaker 4 (14:45):
We are not mad. In fact, do you want to
come work at Shee's on the money, no overtime required.
Tell me what's it like working as a midwife. Was
that always your dream? Was that something that you were like,
I really want to be your midwife one day? Or
is it something you went into nursing and then like
fell into it. Like I love to know people's journey,
especially in like the healthcare space.
Speaker 2 (15:03):
I was twenty nine and working in an office and
just really thinking what am I doing? I'm just sitting
behind a computer, and I flipped a coin to I
knew I wanted to work with people and on my feet,
And I flipped a coin to either go into teaching
or nursing, and it landed on nursing. So I started
my degree and that was wonderful, And I.
Speaker 4 (15:25):
Love that, You're like, my entire career was based on
the flip of a coin and I love it. But
it worked.
Speaker 2 (15:30):
And then I just accidentally did a shift on a
maternity ward one day and went, wow, I could see
myself working here. So then I went back to university
and became a midwife and it's so amazing.
Speaker 4 (15:45):
Tell me, what is it about being a midwife that
you're like, I love this so much? Because I feel
like I don't ask people enough about why they love
their career as opposed to like, what do you wear? Okay, great,
no worries, move on, Like what about being a midwife
is so special?
Speaker 2 (15:59):
It's just being they're at the most exciting point of
their life and being able to help them. And I
do love a chit chat. So my shifts are twelve
and a half hours long, and.
Speaker 4 (16:09):
So if I'm oh, geez, the plus site is that.
Speaker 2 (16:12):
Only work three days a week, so that's fantastic. But yeah,
twelve and a half hours with the same woman and
her partner or a family and you get to know
them and you've become best friends, and then you deliver
their baby and then it's all just like happy smiles
and it's fantastic.
Speaker 4 (16:27):
That makes sense. Like I was in love with made
weird wife to the point where I was in labor
for like more than twenty four hours and spoiler, it
ended in an emergency cesarian. But when there was a
shift change, I cried because my midwife had to leave
and I was like, but I really like you, and
she was like, girl, like you're gonna love the next girl,
like we're all the same, Like it's all good. Like
I really like her too, and I was like, it's
(16:48):
not the point.
Speaker 2 (16:48):
No, they do like can you just stay? And I'm like,
oh what, I've been here twelve and a half hours.
I can't. I can't, but I'll come see you tomorrow.
So yeah, well she did, she did.
Speaker 4 (16:57):
Yeah, we all do see you guys are special.
Speaker 2 (17:00):
We all fall in love with you, guys like we
want to come see you, We want to come see baby.
We want to tell you how proud we are of
you and how much of a good job you did.
No matter what the end outcome was like, yeah, it's fantastic.
Speaker 4 (17:11):
I love it. No, I loved my midwife and I
loved my second midwife. I didn't love the emergency cesarean,
but it was like clearly for the best, but like
a journey that you literally need support on, like a
good midwife changes the trajectory of that entire journey. I promise. Oh,
it's so nice to hear, So talk to me. What
are your big goals? What are you currently working towards.
Speaker 2 (17:32):
Well, I would say that my big goal has been achieved.
As of five weeks ago, my husband and I bought.
Speaker 4 (17:38):
Your dream family huh.
Speaker 2 (17:40):
Your dream family home. Yes, so I guess my current
money goal is to get our mortgage under a million,
which is those numbers are disgusting, but that is my
current big financial goal.
Speaker 4 (17:53):
So let's rewind a little bit because I want to
know about the dream home, but I also want to
know about the lead up to it. So you met
your now husband and his true gorgeous cait, it's how
how did you meet your husband?
Speaker 2 (18:02):
Well, I mean technically on Instagram technically, but he and
I had met in the year nineteen ninety six when
he started at my primary school.
Speaker 4 (18:13):
Stop her, that is so cute.
Speaker 2 (18:16):
Yeah, so nineteen ninety six and then we were friends
and technology just did not exist the way it does now,
so you know, we became teenagers and went and lived
our separate lives. And then yeah, he popped up on
Instagram as someone you may know and I was like, yeah,
I know that boy, and we started chatting and then
we started hanging out and then we fell in love
(18:37):
and then I moved in like five weeks later, and
then here we are when you know, you know, yeah,
it's good. It's so good. He's so lovely.
Speaker 4 (18:43):
I am obsessed with that. My little sister is actually
married to a guy she went to prep with. And
I remember she was like, my sister's not going to
like that. I'm sharing this, So I don't really care either,
because I think it's a really cute story. But like,
she hadn't told my parents who she was dating, like
for a while, and then when she finally told my parents,
she was like, oh, yeah, his name's Sean Rayerra Mom
(19:04):
was like, oh, I know Sean and got out of
prep photos and they're sitting side by side. It's so cute.
Speaker 2 (19:11):
Yeah, it's great.
Speaker 4 (19:12):
That is the sweetest thing ever. The universe hooked you
guys up early. I was like, oh, wrong timing. We'll
come back to this. So how do you elope to Iceland?
How does that happen? What's the connection? Because like that
sounds so exciting but also so random.
Speaker 2 (19:28):
Yeah, we got engaged and then we started chit chatting
about like actually getting married, and we wanted to marry
each other. But you know wedding prices in Australia in
the twenty twenty four just.
Speaker 4 (19:39):
Why And also you've done it before as well, so
it's probably and I don't mean this in a bad way.
You definitely want to be married to that person, but
you're like, the wedding component is not as shiny as
it was the first time round.
Speaker 2 (19:49):
No, no, it's not. We also have been doing rounds
of IVF, so we wanted to do one really big
holiday before we started IBF, and then TikTok started showing
us videos of Iceland and we went, hey, let's go
to Iceland.
Speaker 4 (20:04):
I'm obsessed.
Speaker 2 (20:05):
A flip of the coin decided my career path and
TikTok decided my holiday destination, which then he was like, hey,
let's just get married. So we did. We eloped, no
one knew and it was so so magical.
Speaker 4 (20:17):
I love that so much. So then you come back,
so you mentioned before you got married in twenty twenty four,
so that was last year, yes, And then we.
Speaker 2 (20:26):
Had a fake wedding in April of this year where
again nobody knew, and we had a very small intimate
party where I pretend walked down the aisle.
Speaker 4 (20:35):
And then did you tell them that you'd eloped?
Speaker 2 (20:37):
We only told the kids that day, and that was
so excited.
Speaker 4 (20:40):
That's so cute.
Speaker 2 (20:41):
I loved well, really couldn't trust that they wouldn't open
their mouths.
Speaker 4 (20:45):
No, no, no, no, no, you can't trust kids with that
information because do you know what? That's exciting for them?
Like they would have wanted to share it, like that's
just so exciting. So then, how long had you been
planning on purchasing your dream family home? Is that something
they'd like? Had been an undertone comp station the whole time?
Speaker 2 (21:01):
Yeah? So I lived in my own property, but I
purchased by myself after I had gotten divorced. I lived
in that but it was about forty five minutes away
from where he and his kids lived. So I moved
in with him to a rental and then I rented
out the property I already owned. And we just seem
to have really bad luck with rental properties. Every time
we moved in, like six to twelve months later, the
(21:22):
owner would sell the home and then we would have
to move. And the last rental we moved into, I said,
this is the last one, Like, I can't pack up
our house again.
Speaker 4 (21:32):
Yeah, that's chaos. Moving is literally I hate moving, like
I just I can't deal with it.
Speaker 2 (21:37):
It is the worst. You just want to burn everything
you own and start again.
Speaker 4 (21:41):
It's the mental load as well, Like it's not just
like packing boxes. Fine, if you're getting to the packing
boxes stage, we're probably all good. But it's all of
the chaos and the logistics around that that drive me crazy.
Speaker 2 (21:54):
Submitting peoplework to the bank, like I'd rather do anything else.
But yeah, this year, we just woke up and went
all right, well, our lease is going to end in July,
let's start thinking about what we want to do. So
we put my property up on the market and I
was extremely lucky to sell it for almost two hundred
thousand more than I purchased it for. Yes, please, So
(22:17):
without that, Without that, there's no way we could have
afforded a four bedroom family home in Sydney, because we
all know what Sydney house prices are like right now.
So we sold once that money was in my pocket.
We had been looking all year, but then we were
able to be serious and we found something that ticked
(22:40):
all of our boxes, and before you know what, we
were standing in front of a fasault sign. Taking a selfie.
Speaker 4 (22:46):
That is so so cool. So tell me, did you
settle on it five weeks ago or purchase five weeks ago?
Speaker 2 (22:52):
Settle So we've been lived in. Yeah, we've been living
here and we already have wedding photos on the wall
and that just makes me so excited.
Speaker 4 (23:00):
I love love Like, that's literally the best. So now
we're at the dream home thing. You said, Look, my
big money goal has been achieved. But you also mentioned,
and I hope you don't mind me prying a little bit,
you mentioned that you've been going through some IVF. So
is that a really big money goal at the moment, Like,
because obviously we've done the marriage, we've moved in, we've
got the dream home, and like the next step in
(23:23):
my head if you've mentioned IVF, I'm assuming you want
to build your family. Is that part of the landscape here.
Speaker 2 (23:28):
Yeah. I didn't know if I should drop that as
a as a money goal, but it definitely is. It
is a money goal. We've been through a few rounds
which unfortunately have not been successful.
Speaker 4 (23:37):
I'm so sorry.
Speaker 2 (23:38):
Yeah, we're hoping for a successful round in the future,
and we definitely have to keep money to the side
for the payment of those.
Speaker 4 (23:46):
Yeah, and financially, what does that kind of look like
for you guys, because like it could be anywhere and
I don't know what it's like in New South Like
do you know a little bit about what it's like
in New South Wales? But it could be anywhere from
like six and a half thousand dollars to about twelve
thousand dollars a round in New South Wales.
Speaker 2 (24:01):
Yeah, those are the figures, and it's so hard to
then start thinking, well, how much do we have in
our back pocket because then you're almost like putting restrictions
on how many rounds you can financially go through.
Speaker 4 (24:14):
Yeah, especially if you're at that point where you're like
I just want a baby, like I just want to
build my family with this person, and then there's a
financial overlay, Like I just feel like it's so unfair
that that's the case.
Speaker 2 (24:26):
Yeah, it's ironic, isn't it. Being a midwife and not
being able to have a baby of our own.
Speaker 4 (24:32):
What's that like? Can I be really pervy? What's that like?
Going to work and obviously helping women deliver every day,
but then on the flip side, going through IVF struggles
that are clearly, like you said before, the rounds that
you've gone through so far haven't been successful, and that
would be heartbreaking. Like that's rough.
Speaker 2 (24:49):
It is hard, but it's not the women's fault that
my body just isn't cooperating. I think on a day
to day basis, it's okay because while I loved caring
for these women, they're not a part of my life.
So I'm able to separate. It just can be very tricky.
You just go, I just want one. I just want one,
(25:10):
Like can I just take one? Like please? That's so
many time it's hard because I'm just like, oh, I
don't drink, I don't do drugs. I you know, try
to live a good life, and my body won't cooperate.
Speaker 4 (25:23):
Also, as somebody, I've gone through now four losses and
for I would say, like close to twelve week losses,
which has been do you know what? Really shit? Like
there's nothing about that, Like there's no like, oh if
butt's about it. But I think for me, it's that
doubt that you have in your own body. I'm like,
I am so healthy. I have been on prenatal since
before I had Harvey. I have gone through all of this,
(25:44):
like I am the above and beyond. I'm drinking green juice,
I'm doing all of the things, like all I want
is a healthy baby. And then you see on socials,
oh surprise, oh my god, we didn't know what we
were going to do, and you're just like why me,
Like I'm desperate, like that's what I want, Like all
I want is a baby, and all I want is
for that journey to be my journey. And then somehow
(26:05):
it just so easily works for other women and they
might not have even wanted that journey, and you're like,
that doesn't feel fair, But unfortunately that is the way
that the cookie crumbles for some of us. And that's okay.
Speaker 2 (26:18):
It is okay. I have two wonderful step kids. They
are amazing, they're beautiful, they're fantastic.
Speaker 4 (26:23):
Well, I'm sending you all the baby dust because I
can tell like you are so before I was like, oh,
of course, she's a midwife, Like you are so empathetic,
Like I already know you're the best step mum, and
we're just waiting for you to become like a mum
of a baby that you burst like that's so exciting,
and I just know what's going to happen. Let's go
to a really quick break because on the flip side,
we're going to dive back into the money chat. All right, money, darrist,
(26:48):
we are back, and you have shared so much with
us that I think is going to be so helpful
for our community, like literally everything from eloping in Iceland
to IVF to buying a full bed dream house in
Sydney and then also meeting your now husband when you
were literal eleven year olds to then rekindling that love
on Instagram. I want to know now a bit more
(27:10):
about the financials though. Do you invest? If so in what?
If not? Why not?
Speaker 2 (27:14):
So? I only recently, like maybe one month ago, set
up a raise account, and I have zero idea what
I am doing.
Speaker 4 (27:24):
That's okay because like you did the hardest part.
Speaker 2 (27:28):
I've set it up. I'm doing the roundup like I'm
doing what it's doing, but I don't understand. So that's
my next like personal set of homework for myself is
to learn obsessed investments. My husband and I also have
bank accounts set up for the kids. They are aged
six and eleven, and so every week we each contribute
(27:51):
six and eleven dollars into their account. Per week.
Speaker 4 (27:54):
So that's how my pocket money worked growing up. But
it was a few years ago now, and we didn't
get a dollar per year. We got fifty cents per year.
Speaker 2 (28:03):
Oh. We worked it out that once they're twenty five,
it'll be like somewhere in the forty to fifty thousand dollars.
So it seems little to say we're just putting six
dollars a week in by.
Speaker 4 (28:12):
From little things, big things grow, that's exactly right.
Speaker 2 (28:15):
So investments, we have the accounts for the kids and
I've set up a raise account. That's where I'm at
with my investments at the moment. But I'm very eager
to educate myself.
Speaker 4 (28:23):
I'm obsessed. What does your superannuation look like?
Speaker 2 (28:26):
Oh, great question. It is one hundred and twenty nine.
Speaker 4 (28:30):
Thousand, Okay, So she's a very serious investor. She just
doesn't identify as that yet. That is a legitimate investment.
That is all in your name. Like you have one
hundred and twenty nine thousand dollars investable. Like that's crazy,
that's crazy. Like that's so good for your age as well.
Speaker 2 (28:46):
Oh, thank you that Okay, I'm excited to hear that.
Then I'm very excited to hear that.
Speaker 4 (28:51):
Oh girl, like you're thirty nine and one hundred and
twenty nine thousand dollars. That is way above average. Like
that is that is very sexy? That is very very nice.
Speaker 2 (29:00):
I'll let my husband know that I have a sexy.
Speaker 4 (29:02):
Oh he knows. Can I go back and ask some
more of perviey questions about your kids? So you said
that they were your step kids, and that is absolutely slay.
But the ownership you're taking over them, I'm obsessed with.
You're like, nope, but we do this together. These like
I'm contributing to their futures and I just I think
that is so beautiful. But how does that work? So, like,
(29:24):
you meet this man, here's the man of your dreams,
you want to marry the hell out of him. He's
got two kids. What type of conversations are you guys
having around that, Because that can be a fickle situation,
Like there is maybe a mum involved that also is
contributing to their futures or maybe there's not. Like every
situation is different, every like family is different. How does
that work for you?
Speaker 2 (29:45):
I really think from the get go, my husband and
I were having the hard hitting questions like straight up.
Speaker 4 (29:54):
You have to when there are kids involved. I'm sorry,
Like this actually is serious? Or we don't bother?
Speaker 2 (29:59):
Yeah, like about everything, just everything. We were having the
heart hitting conversations, which I think is so important. You
can fall in love with someone, but if you're not
on the same page, like on a day to day
basis with finances and raising kids and all that jazz.
So yeah, I don't know. I think it just made sense.
I love this man and we're best friends, and he's
(30:20):
got two kids, so of course they now suddenly.
Speaker 4 (30:23):
It's a package deal.
Speaker 2 (30:24):
It's a package deal.
Speaker 4 (30:25):
And see, I just knew you were kind human from
the start. I just know you're a good person. Like
that just tells me so much about you. Now let's
go into debt. That's maybe not the sexy stuff, but
I actually get to talk about your dream home again.
Tell me how much debt are you guys in? And
what for?
Speaker 2 (30:44):
The only debt we have is our mortgage.
Speaker 4 (30:47):
That is sexy. Again, you can tell your husband that's
sexy too.
Speaker 2 (30:50):
The only debt we have is our mortgage?
Speaker 4 (30:52):
And what does that look like?
Speaker 2 (30:53):
We bought from one point too then, because I was
already a homeowner. We got lumped with some stamp duty.
Speaker 4 (30:59):
I yeah, but also you're above the cap, so you're
always going to get stamp duty at a one point
two million dollar purchase price. Sorry okay, but that should
make you feel a little bit better about it, because
like you wouldn't have got first homeowner concessions in New
South Wales. I believe the first homeona concession caps out
at about nine hundred and fifty thousand dollars. Don't quote
me on that because I don't have my stats in
front of me, but I do own a mortgage broking business,
(31:20):
so I feel like I might know more than the
average bear.
Speaker 2 (31:24):
So in the end, it was one point twenty five
and we currently owe one point one but we have
one hundred and thirteen thousand in our offset stop it,
so I can't say that I have an emergency fund
or a.
Speaker 4 (31:37):
Yes you do, it's just sitting in your offset.
Speaker 2 (31:40):
We put it there for obviously the benefit of the
interest being charged, but it's there for IVF. It's there
for if anything happens.
Speaker 4 (31:48):
Oh, that makes me so happy that you've still got
like you've made a massive purchase, and that's terrifying, Like
anything over a million dollars, I get a little lump
in my throat and I'm like, oh, like that's a
lot of money. But to know that you've got that
financial freedom in a way for the journey, Like it's
not like you are week to week at this point
in your life.
Speaker 2 (32:07):
And that My husband and I've had a great conversation
where we have a personal limit that we don't want
to dip below.
Speaker 4 (32:15):
Can I be pervy? What's that limit? Look like?
Speaker 2 (32:18):
We don't want to dip below one hundred and ten
thousand in hour offset?
Speaker 4 (32:20):
So that's really fair? Do you know what is crazy?
I was having this conversation with a friend the other
day and money is really fickle, right, Like there are
going to be people listening to this who are like,
I don't even have five hundred dollars in a emergency
fund yet. And it's like that's fine. Like you're all
on different trajectories, you're all on different journeys, and like
we all start somewhere. But it's crazy. I remember being
(32:42):
in a massive amount of debt. For those of you
who maybe haven't heard my entire story, I was in
forty thousand dollars worth of consumer debt, got myself out
of that created cheese on the money, and the rest
is essentially history. But I remember when I started my
emergency fund and I got to my first five hundred dollars,
and you kind of set these little like benchmarks in
your head and you go, now it's a five hundred dollars.
I can never let it get below five hundred dollars.
(33:04):
And then that five hundred dollars becomes one thousand dollars,
and then over time it starts to get a little
bit bigger. And like, as my financial security has grown
and my income has increased, I've tried very hard to
invest and very hard to save. But like, it's crazy
how we get these numbers in our head and they
kind of like little benchmarks. But clearly you've gotten to
and I reckon, there was a previous time where it
(33:25):
was one hundred and now it's one hundred and ten
for you, And that's actually so cool because you're just
sitting on this financial security to put your family in
the best possible position. But like, it's crazy how past
me would have thought that one hundred thousand dollars was
an astronomical amount of money, and then today it's still
a lot of money. I'm not going to pretend it's not,
(33:46):
but it's now become the benchmark. And like, my husband
and I are the same, and we have about one
hundred thousand dollars sitting in our offset at the moment,
and like both of us are like, oh, well, it
can't go below that now, And it's like we've set
this rule up, this rule that we've made up. But
like when we first got together, the idea that we
would even have one hundred thousand dollars as a conversation
(34:08):
is mind blowing. So I just want to kind of
contextualize it a little bit. But also it's funny with
those benchmarking things when you said, we've got this goal
of like not letting it get blow one hundred and ten.
Isn't it crazy how we set these things up. But
they feel like very big goals and they're very serious,
but we've kind of just made them up.
Speaker 2 (34:24):
Yeah, no one's holding us to it, but it's great
to have the benchmark. My husband loves even numbers, so
if there was like, say one hundred and thirteen thousand,
nine hundred and eighty two dollars in there, he would
just go and transfer, like eighteen dollars over to make
it a whole number.
Speaker 4 (34:44):
So no, I'm the same, I'm exactly the same.
Speaker 2 (34:47):
I'm a bit plase it doesn't bother me like that.
But yeah, he's always for the even numbers, so it
means that we get a little bit of extra money
in there because he's forever just shuffling some dollars around.
Speaker 4 (34:56):
That's me, your husband and I must we would get along.
Speaker 2 (35:01):
Now.
Speaker 4 (35:01):
On debt, you've got one point one million dollars mortgage debt.
Talk to me about the repayments for that? Are they comfortable?
Are they something that you guys are like, Oh, it's
going to be a stretch for a little while. Like
what's the debt repayment situation on that mortgage?
Speaker 2 (35:14):
Looking like, Yeah, we do everything fortnightly because I get
paid fortnightly, so we pay everything fortnitly, and so far
we're okay.
Speaker 4 (35:23):
And are you on fixed or variable? Because we recently
had a point two five percent rate cut and banks
haven't passed that on yet, but they probably will very
soon and that will be a very welcome surprise to
a lot of mortgage holders. Yeah, we are very, very
very exciting.
Speaker 2 (35:37):
So I'll pray for that that passover for us.
Speaker 4 (35:39):
That should be passed on. It should be and if not,
you need to talk to your mortgage broker and make
them put the hard word on the bank.
Speaker 2 (35:45):
Oh I will, don't you worry. I love that our
mortgage repayments are probably almost my whole pay which is sad, but.
Speaker 4 (35:53):
It's the economy we live.
Speaker 2 (35:54):
It is the economy that we live in.
Speaker 4 (35:56):
And what does that leave you with? Each month? So
you and your husband do you earn about the same
amount or is it variably different?
Speaker 2 (36:03):
No? We actually earned within like five hundred dollars of
each other each financial year.
Speaker 4 (36:08):
Oh that's so cool.
Speaker 2 (36:10):
Yeah, I'm committed to picking up some extra overtime this
financial year just so I can be the one that's
five hundred dollars ahead.
Speaker 4 (36:16):
See, that would be me. It would become a game,
and I love winning.
Speaker 2 (36:20):
It is a game. I think it is a game
who can be there first?
Speaker 4 (36:23):
Would you say that that's one of your best money habits? Like,
if I asked you what is your best money habit?
What do you reckon? You would say, Oh, if.
Speaker 2 (36:30):
I can talk about me and my husband as one unit,
I think our best money habit is that we have
a finance chat in WhatsApp. It's titled finance Chat and
it's where we throw ideas around.
Speaker 4 (36:42):
That's so cute. I love this idea.
Speaker 2 (36:44):
And then Friday nights, we don't have my step kids
on that night, and so every so often we have
a finance Friday where we like discuss and reevaluate.
Speaker 4 (36:53):
Stop it.
Speaker 2 (36:53):
I think that's like probably one of our best things.
But the fact that we pay our bills fortnightly and
we contribute to the well.
Speaker 4 (37:00):
Don't you don't pay when it's due, We don't pay.
Speaker 2 (37:02):
So most of ourbiel's wear between three and five hundred dollars.
Speaker 4 (37:05):
Oh that is so sexy. I love this relationship with yours.
Speaker 2 (37:09):
Yeah, it's honestly. I just love him so much for
just how open and.
Speaker 4 (37:15):
You deserve this, Like you went through a divorce, and
I can almost guarantee that at some point during that
divorce you were like, my life is over. What the
hell I'm getting divorced? I never saw this coming. This
is why, babe, This is why, because there are better
things that came along. Like I'm so glad you got divorced.
Speaker 2 (37:30):
Yes, me so. But it's just great to have a
partner who is willing to have these conversations, and who
is willing to learn with you and take on suggestions
and even make suggestions like we are a team and
it's so so good.
Speaker 4 (37:44):
I love this for you. Flip the narrative, though, what's
your worst money habit?
Speaker 2 (37:49):
Is it?
Speaker 4 (37:49):
Baking for all your colleagues and expending lots on sweet treats,
because like, I feel like that could get expensive really quickly.
Speaker 2 (37:55):
Do you know how much butter costs these days? It's disgusting.
Speaker 4 (37:59):
I'm aware. That's why I think it's really expensive, Like
maybe we all need to swap to margarine.
Speaker 2 (38:04):
Maybe baking is expensive. I have slowed down on that.
My worst money habit would be probably being blonde because
that's expensive.
Speaker 4 (38:13):
Oh yeah, it used to be free when you were thirteen,
but it's not anymore. When you're a midwife. No one's
going to do your hair while they're in labor. I'm
so sorry.
Speaker 2 (38:21):
I would say I am very quick to suggest a
holiday yeah nice to my husband, and he will be like, okay, cool, Yeah,
let's do it. So I think that's probably my worst
money habit is I'll be like, okay, so we're ahead
of all our bills. Where can we go on holidays? Now? Oh?
Speaker 4 (38:36):
I love that though. That's kind of cute and also
sounds a little bit like me. I always tell my
husband that he's a neighborer because I'm like, I love
that you love me, and I love that you really
want me to be happy. So when I say, oh,
should we go on a holiday? You go, yeah, if
that's what you want to do, Like, we can totally
do that. No no, no, pull me into line, say no, no, no, Victoria,
We've got a mortgage, Like, tell me that that maybe
(38:58):
is not a good idea. So, like my best money habit,
I would say's my husband, Yeah, I hope that's it.
Speaker 2 (39:03):
Also, why are all these amazing artists doing so many
fun music tours lately? My husband and I probably our
number one hobby is live music, and it's just where
half our money goes, and it's just terrible.
Speaker 4 (39:17):
Look, I'm not mad about that. As somebody who also
enjoys live music, like we are guilty of that, and
now that we have a baby as well, I'm very
guilty of looking up like what's going on in the
summer kind of like the festival vibe ones where you
can take your kid, and like you know, by tick,
they're still expensive, but I would say it's even more
expensive because it's a day thing and then you end
up buying all of the food and all of the
(39:39):
drinks there and spending the day there. I'm not going
to like a night concert and then coming home.
Speaker 2 (39:43):
No, no, it's a family affair.
Speaker 4 (39:45):
Yeah yeah, so like it's a slippery slope.
Speaker 2 (39:47):
So yeah, definitely, my worst money habit is suggesting fun
activities and my husband's saying.
Speaker 4 (39:52):
Yes, yeah, okay, So our husband's are our downfall. That
is okay, our current husbands, our current money dost I
do have a question to like circle back to the start.
You said, look, I think I'm comfortably a B. But
then you went on to tell me, like I've got
this really great career that I love as a midwife,
Like I'm on one thirty k ish every financial year,
like I regularly do over time. You've clearly got your
(40:14):
stuff together because you are paying your bills in advance
every two weeks. Like you've just signed a mortgage. I
mean it was one point two million dollars or one
point two five million dollars, which is crazy, but you
only owe one point one million dollars and you also
have one hundred and thirteen thousand dollars in your offset account.
You casually dropped that you had one hundred and twenty
nine thousand dollars in your superannuation, which, by the way,
(40:36):
very very good amount for your age.
Speaker 2 (40:39):
Thank you.
Speaker 4 (40:40):
So I just feel like we're tracking pretty bloody well.
What would it take to get you from a B
to an A?
Speaker 5 (40:46):
Like?
Speaker 4 (40:46):
What does an A look like to you? Because like
in my head, I'm like, oh, you're very close to
a territory.
Speaker 2 (40:51):
Maybe some more education.
Speaker 4 (40:52):
I can help you with that. Actually, I have a suggestion.
We can talk about it later.
Speaker 2 (40:56):
I keep throwing around the idea of an investment property
to my husband, but I'm sure if that's the best
idea for us for our retirement, I'm not sure. So
probably I would say education would get me to an A.
Speaker 4 (41:08):
I love that, and I think that that's really important
because I think education would also help you contextualize where
you're sitting because at the moment, if I have a
look at like your super for example, you probably don't
know this because when I said, oh, that's really good,
you're like, oh, really was it? But the average superannuation
for a woman between the age of thirty five and
(41:28):
thirty nine is about eighty six thousand dollars. Oh, so
you're already running rings around that, like you're already ahead
of the curve. And I think that that's really exciting.
And if I go on to like a different super website,
which is a little bit more conservative, it says here
that the average superannuation balance for a woman between the
age of thirty five and thirty ninety seventy one thousand dollars.
Speaker 2 (41:47):
I know it doesn't make much difference, but I do
turn forty in two weeks, so just does that make
a difference.
Speaker 4 (41:53):
Okay, so the average forty year old has one hundred
thousand dollars in super.
Speaker 2 (41:58):
Oh so I'm still above average.
Speaker 4 (42:00):
You're still running rings around it like you're still killing it.
And I think that that's really important to contextualize. So
I think education is also about going, hey, actually, I'm
able to recognize where I'm building well and maybe could
continue building well because we need to give ourselves credit
as women, we just don't.
Speaker 2 (42:17):
Yeah, I guess we always think there's somewhere we can improve.
Speaker 4 (42:20):
One hundred percent, and we're all starting our journey at
different times and like for different things, but like we
all have different priorities as well, So I just think
you're doing really well and if that's what it takes
for you to get to an A, then that's fine.
But you're already on the right path. So I'm kind
of like she doesn't really need my health, so that's fantastic.
Speaker 2 (42:36):
Thank you for the pep talk.
Speaker 4 (42:37):
No, I love it well, money Dirives. I am very
sad that we have run out of time. It has
been a journey. I just feel like we would be
really good friends off air, so hopefully at some point
we get to cross paths in person. But thank you
so much for sharing your journey and your story and
so many just different parts that I know our community
is going to be obsessed with.
Speaker 2 (42:56):
No Worri. Thank you so much for having me and
for listening to me Ramball the first time talking to you, of.
Speaker 4 (43:01):
Course, thank you so much.
Speaker 5 (43:09):
The advice shared on She's on the Money is general
in nature and does not.
Speaker 4 (43:13):
Consider your individual circumstances.
Speaker 5 (43:16):
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.
Speaker 4 (43:29):
Towards your needs.
Speaker 5 (43:30):
Victoria Divine and She's on the Money are authorized representatives
of Money. Sheper Pty Ltd A b N three two
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