Episode Transcript
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Speaker 1 (00:00):
My name's Aatasha Bamblet. I'm a proud First Nations woman
and I'm here to acknowledge country t Glenn Young Ganya
nianar Kaka yah y and beIN Ahaka nian Our gay
In Mbina, yakarum Jar, Dominyama, Domaghawaka Woman, Damon Imlan Bomber
bang Gadabomba in and now in wakah Ghana on yak
rum Jar water Nadaa. Hello, beautiful friends, we gather on
(00:24):
the lands of the Aboriginal people. We thank acknowledge and
respect the Abiginal 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. She's on the Money.
Speaker 3 (01:07):
Hello, and welcome to She's on the Money, the podcast
that lets you be pervy about other people's money habits
for educational purposes, of course. Welcome back to another episode
of Money Diaries, where I get the absolute pleasure of
chatting to one of our incredible Shees on the Money
community members all about their journey let's jump straight into it,
because this week I got an email and it sounded
(01:28):
exactly like this. Hi, she's on the money. I am
our woman working in the male dominated area of security.
I didn't set out to work in this field, but
when my husband saw a gap in the industry, especially
the lack of women, we knew we had to do
something about it. Together, we built a successful business that
not only provides exceptional security services, but creates opportunities for
(01:51):
women in this space. I've seen firsthand how this work
can boost confidence, leadership skills, and self belief, and I'm
passionate about helping more women step into that power. I'd
love to share what this journey has meant for me.
Moneyed Diarist, Welcome to the show. I am so excited
about this. I feel like I don't work in security,
but like we're both about empowering women to step into
(02:13):
their power, and like that means we're on the same page.
Speaker 4 (02:16):
Definitely.
Speaker 3 (02:16):
I love this. So as always, before we dive into
getting to ask the juicy questions, I want to know
what grade would you give your money habits from A
through to F If I asked you to give them
a grade?
Speaker 4 (02:28):
Oh, I would give myself a B minus. It's still
a work in progress.
Speaker 3 (02:33):
Okay, all right, let's learn a little bit more about
that money, darist. Can you tell me a little bit
more about your money story.
Speaker 4 (02:41):
Sure? So, growing up, money wasn't something we talked about
in our family. My parents came from very humble beginnings.
They each had twelve to thirteen siblings. Wow, I know,
it was insane. So not surprisingly they stuck with two children.
Speaker 3 (02:58):
They were like, we are not signed up for that
rodeo exactly.
Speaker 4 (03:02):
So they provided the essentials, you know, putting us through school,
but there was no money knowledge and so and when
my dad had stopped working, it was pretty much, you know,
just getting by. So my attitude towards money was very cautious,
and I had no idea about creating wealth. Yeah, so
then I met my husband. How'd you meet your husband?
(03:22):
We have to know the jucy details, like we're just girls,
all right. He's an entrepreneur, and you know, he came
from a family of successful business owners. So that really
helped me see money and business through a new lens.
So I would watch him from the sidelines while I
stayed in my depressing nine to five job, and I
(03:46):
just I was observing just how his lifestyle was different
to mine, even though we were married, right, you.
Speaker 3 (03:53):
Lived under the same roof.
Speaker 4 (03:55):
Yeah, I was getting up in the morning, miserable, ready
to go to work, and he was just so switched on.
He'd be executing ideas with ease. I would just witness
this level of freedom, both financially and time wise, even
though he was so busy. He just had this flexibility
that I didn't have being in a full time nine
(04:16):
to five job. So, yeah, just seeing that difference really
made me want to come into that. But I had
so much fear in built in me because I didn't
have those beginnings I had. You know, I wasn't scared
of the level of hard work that would come with
it or being very busy. It was just the fear
of my own capabilities. Am I capable of doing this?
(04:40):
What if I fail? I'm not used to this idea.
I wasn't raised on this. So you start making up
those excuses that because you didn't have that foundation, that
you couldn't possibly get into this fold of the business world.
But as soon as I recognized that my nine to
five was actually bringing me down and affecting my health,
(05:02):
I really had to make a change, and so I
had missed the fear and the uncertainty. I took that
leap and I went into business with my husband, and
at that time he had recognized early on that there
was a need for women in security. So I went
and got my license and I was doing casual shifts
(05:24):
here and there. It was a little bit daunting for
me because I think that old way of thinking, with
that perspective of only men should be doing security, or
you have to be a certain size you know, I'm
quite a smaller size frame, So it was a little
bit intimidating at first, to be honest, and having to
deal with intoxication and all of those kind of extreme
(05:47):
situations is a little bit daunting at first. But my
husband was there guiding me, obviously, making sure it was
a safe space and that we had a very type
team every time we worked together through COVID. When COVID hit,
we actually set ourselves down south so the southwest of Wa.
(06:08):
When the borders were closed, everyone started traveling and driving
down south to the southwest of Wa for their holidays,
so that place was flourishing when the city was closed down.
So we built our security business through there, and we
worked very closely together, and that's when I really learned
a lot, not just about security, but about myself. He
(06:30):
taught me about men, you know, and their behavior, and
I was really able to navigate big crowds and different personalities.
And I just developed so much in that space of
time through that guidance and doing that work ongoingly, and
it just it lit something in me and I just
(06:51):
wanted to carry on with that. So I'm in this
zone now where I'm leveling up and I'm actually taking
a direction towards empowerment and purpose now, so it's not
just building the security business. I'm actually wanting to take
this into a level of conversation and empowerment towards women
(07:11):
in security because reflecting on it, I have developed so
much in myself and I've overcome so many fears and
built so much confidence in dealing with people and odd behaviors.
You know, I think a lot of the time we
can avoid certain behaviors. You know, we might just go, oh,
just you know, just cut that person out of our life,
(07:33):
but at some point you still have to deal with it.
So if you know how to navigate it, then you
can You're just going to be better and better each time.
So I'm now in this direction of wanting to become
a speaker and empower women alongside building the security business.
Speaker 3 (07:50):
Yeah that's cool. I love that. So tell me now,
obviously you own a security company and work as a
security Is it a security guard? Is that what you
would say? Like, how do I explain your job?
Speaker 4 (08:02):
So there's a number of different services. So you've got
your security guard, You've got crowd control, you've got personal security, patrols,
asset protection, so we cover all of that. Wow. Yeah,
it's quite broad.
Speaker 3 (08:17):
So that's not just like I'm assuming it's like, you know,
if a festival happens, then call you up and be like, hey,
we need security for the festival. But like, tell me
a bit more about like the personal security, because I'm
assuming that's a bit bougier, Like that sounds fancy, Like
if you're asking for personal security, you're probably like someone
very high profile.
Speaker 4 (08:36):
Yeah, we do get called for those type of jobs.
Close personal protection is very different and it takes a
certain level of skill and thankfully I got to do
quite a bit of that in the beginning. I know
you said it's bougie and I can see this perspective
of that, but I guess I'm still in that work
zine way totally.
Speaker 3 (08:55):
It's like when people think that my job's like super glamorous,
They're like, oh my goodness, a podcast that must be
so glamorous, And I'm like, babe, I'm not wearing any
shoes right now. You know, my dog's on the floor.
I've just eaten four mini size mass bars. Like it's
not as fancy as it looks, but like, I mean,
when you like showcase a job, you go, that's pretty fancy, right,
(09:17):
Like it's the shiny parts of other people's roles, right.
Speaker 4 (09:20):
It's so true, and I get that, I really do.
But there's so much work involved because you're the one
that's on the front line and you need to make
sure that that client and I will just say client,
it doesn't matter who they are, whether they're a dignitary
or if they're a celebrity, they still need that level
of care and privacy. You know, you can't be you know,
(09:41):
on the job and trying to take selfies with this
person is completely unprofessional.
Speaker 3 (09:45):
You couldn't hire me, Like I don't want to take
selfies with people, but like just blacklist to me from
your company now, because I'd want to know all their gossip,
Like I'd be in the car with them and I'd
be like eavesdropping on all their conversations, Like I couldn't
control myself. You're a better per something I could ever be.
Speaker 4 (10:01):
Yeah, it's definitely a skill. You do have to shift
your perspective, you know, and I suppose once you do
it more regularly, you do see them as a client
and you just want to please that client and make
sure that you've delivered a service, that you've represented your
company and yourself and ultimately they're they're happy and they're safe,
you know, because that's the objective of our role.
Speaker 3 (10:22):
Yeah, totally, all right, So how much do you get
paid in a role like this? So do you mean
in as a guard or no you in general?
Speaker 1 (10:32):
Me?
Speaker 4 (10:33):
Okay, Well, I will say that our business is in
the seven figures.
Speaker 3 (10:38):
That's very cool. And is that all reinvested into your
business or do you guys get to take home a
lot of that? Like what does that split look like?
Speaker 4 (10:47):
The split? I think it's fair, But we do reinvest
a lot into the business because that's the main way
to really level up. So anything anything that we are
spending on ourselves is ideally going to give us a
return on the business. But you know, we do make
sure that we pay ourselves first, you know, and just
(11:08):
cover the expenses that we need to live. But ultimately
the larger expenses are reinvested.
Speaker 3 (11:13):
Yeah, one hundred percent. So talk to me about big
money goals, like what are you currently working towards.
Speaker 4 (11:19):
So I am working towards incorporating a training division within
the security business, and that would ultimately bring in more
females into this fold of this male dominated industry and
just opportunities to empower and to build confidence. I can
(11:41):
see myself and a lot of women, both mums and
the younger women coming out of high school where you
don't know what you're doing, you don't really know where
you want to go. And that's how I ended up
in that, you know, sort of nine to five office
job was just sort of just I need some stability
until I work out what I want to do. But
I really really feel like the tools that you're given
(12:04):
through working and security can help you in your entire life.
You know, you're learning to set boundaries, You're learning to
recognize people's behavior before something escalates. And then de escalation
methods as well. So those kind of things can really
play out in your life. And I just feel like
it's leveling up your life. And I think if you
(12:25):
get that early on, you can really do a lot
with your goals successfully, but also avoid a lot of
unsafe situations you know that people can get themselves into.
Speaker 3 (12:37):
Totally. I love that for you. And on a personal side,
do you like buying property? Are you saving for retirement?
Speaker 4 (12:44):
Like?
Speaker 3 (12:44):
What does that look like?
Speaker 4 (12:46):
We are saving up for a house. So we've avoided
any big debts and we've paid off any smaller ones,
so we're doing pretty well. But yeah, ultimately to get
the dream home, but we want to be able to
pay out. We don't want to take on any debt,
so we're just working towards that for our dream home
(13:07):
and property maybe overseas as well we're looking at So, yeah.
Speaker 3 (13:12):
That is very fancy. What do you mean property overseas?
Speaker 4 (13:15):
Like?
Speaker 3 (13:16):
Is that buying a villa in Bali? Is that buying
a whole resort in Italy? Like? What where are we going?
What are we doing?
Speaker 4 (13:22):
Specifically? It would be a home in Portugal?
Speaker 3 (13:26):
Oh, bouhie, I did not see that coming. So like, guys,
when she said seven figures, she means like good seven figures,
Like people don't just buy their homes outright and then
have a holiday home in Portugal. Like I feel like
that escalated pretty rapidly.
Speaker 4 (13:41):
We love that place. I highly highly recommend that place,
like I.
Speaker 3 (13:44):
Love that for you. This is goals. Let's go to
a really quick break on the flip side. I've got
a lot of questions for you. I want to talk
about your take on debt. I want to talk about
investments and your best and worst money habits. So guys
that don't go anywhere, all right, money dirist, We are back,
and I want to talk about investing. As a business owner,
your bus guest investment is very likely to be your business,
(14:08):
so talk to me about your thoughts on investing, like
how you're reinvesting into your business. But then also are
you investing outside of your business?
Speaker 4 (14:16):
Yeah, so investing within the business. We've also got a
safety division, so we're purchasing products in line with safety
and we're incorporating that into the security business as well,
so that we can offer our clients not just security services,
but now we've got safety products. So we've sort of
(14:37):
gone into that as well in terms of investment. Just
recently we've been doing some speaking courses to really get
out there and promote ourselves into to bigger client tele
and to do a lot more in terms of training
and inductions with our staff too, also offering training to
(14:59):
our client cients who might want to train up their
staff de escalation methods within the bar industry as well,
So that's another thing that we're doing.
Speaker 3 (15:09):
Yeah, that's very cool. And like if we look at
I guess investment from the perspective of you being able
to buy home in Portugal and pay for your home
outright and retire comfortably, how are you guys working towards that.
Speaker 4 (15:21):
Yeah, we've got a few little side hustles, but it's
just flipping a few things here and their marketplace. We're
just really really good with saving little things. So that's
all just building up. And so after we pay ourselves
what we need to sort of get by anything that
we work additionally, or anything we get from marketplace sales
(15:44):
or anything of the sort, or if we sell something
through the business, it all goes into one sort of
big savings account and that's when we might buy something
else and flip it and then make money on that
and just builds over time. So it's something that we
just want to sit on and just let it grow.
That's where we're going with that is kind of yeah,
it's a safe, quiet option, all right.
Speaker 3 (16:05):
Tell me a little bit more about debt. So at
the start of the episode we were talking about like
you purchasing your dream home. I want to know more
about that, but also why you're adverse to taking on
a mortgage for a property purchase.
Speaker 4 (16:20):
Well, we've just gone through a few things over the
years where we've you know, we've seen you know, different
businesses be affected by different things and COVID all of
those factors, and having debt was a real burden, you know,
even if it's a small debt, we've seen it with
other people as well, and we just we don't want
to take that on. And now that we've got my son,
(16:43):
you know, he's three years old, now, okay, it really
shifts the way you think of things. So it's particularly
in the last three years that we've been very okay,
we do not want to hold this debt. We don't
want to have any debts. So let's work on it
now so that by the time he's in school. You know,
we can have established ourselves with zero debt, with a
(17:05):
home and you know, just move forward.
Speaker 3 (17:08):
How close are we to achieving that goal?
Speaker 4 (17:10):
I would say a quarter of the way.
Speaker 3 (17:13):
That's exciting though, that's crazy.
Speaker 4 (17:17):
Yeah, how fun?
Speaker 3 (17:18):
All right, So tell me a little bit more about
this debt side of things. When you say, oh, we
don't really want to take on debt, is that just
like personal debts that you're like, oh, well, we don't know.
If you know, we went through COVID again and no
one could work. We don't want to have personal debts
we had to pay off or is that stretching into business, Like,
tell me a bit more about how that works.
Speaker 4 (17:39):
We don't have any personal credit cards. We've just avoided
taking on any debts. So say, for example, if we
needed to buy a car, you know, we would look
at ways to or you know, we would look at
the savings and what we can accumulate. How much do
we need to have the balance of the total of
that car so that we can just buy it out right?
And that's what we've done. We don't get loans on
(18:01):
the cars, we don't get credit cards. So yeah, that's
that's how we're just looking at it. It's like, if
we can avoid it, and if we've got a lump
sum of money, let's work around that lump sum of money.
And anything that comes up as well, you know, whether
it's insurance or things. We avoid those repayment plans where
you might accumulate more interest and pay things outright. We
(18:21):
just would prefer to pay things outright and then we
don't have to think about it anymore.
Speaker 3 (18:25):
No, that makes absolute sense. It sounds like you're a
super savvy saver. So what do you think is your
best money habit?
Speaker 4 (18:31):
My best money habit, I would just say what we're
doing at the moment is paying yourself first for the essentials,
and then any extra income or anything that you flip,
you just put into savings and just let that accumulate.
And it's always that savings account that we will look
back on and go, Okay, what do we need to
buy upfront at the moment, whether it's an investment or
(18:52):
if it's a vehicle or whatever it is that's sitting there.
You know, it's just accumulating, you know, some great interest
you haven't touched because it's in a completely separate account.
So it's not being factored into your weekly expenses.
Speaker 3 (19:05):
Yeah, no, that makes total sense. But what do you
think is your worst money have it?
Speaker 4 (19:11):
Because I'm on this journey of self development, my worst
money havebit is if I'm online and I see a
great course or I see you know, a great roadmap
or something that's going to be very helpful for me
in my journey, I tend to just click and buy. Yeah,
so that's my worst money is that I end up
(19:32):
doing that. And it's great if I use it, but
you know, to be honest, half of the time it's sitting.
Speaker 3 (19:37):
In my inboss and then you're like, oh, I can't.
I don't have time for that. I'll get to it
one time, and then you forget about it.
Speaker 1 (19:42):
Yeah.
Speaker 3 (19:42):
I have been there, absolutely, especially when they're so good
at like the marketing and branding, and I'm like, oh
my god, this is going to be the thing, this
is going to be fantastic, and then you get it
and you're like, oh damn, damn, I could have done
that myself.
Speaker 4 (19:54):
I mean, it's a great idea at one in the
morning when.
Speaker 3 (19:57):
You're scroll one hundred, no way, So get that all right?
Tell me at the start of this episode, you said,
I reckon, I'm a B minus. But you've told us
that you've built an epic business, and you know, you
and your husband are working towards buying your dream home
completely outright and then one day having a holiday home
in Portugal, which would be very very cool. But you said,
(20:17):
I'm a B minus. What would it take to get
to being like an A plus in your books?
Speaker 4 (20:22):
I think it would be. Actually, you know, now that
I'm talking about.
Speaker 3 (20:28):
It, you're pretty good at money. Hey, I'm like, where's
this B minus come from? Girlfriend?
Speaker 4 (20:35):
I mean, when you say it out loud, Yeah, it's
very different, you know, so I have to give yeah,
I have to give us more credit than that, you know.
And I think you know, if I were to rate
it again, yeah, I would be on the you know,
a A minus.
Speaker 3 (20:47):
See, I reckon, you're doing so well, and it sounds
like you guys are like, okay, cool, We've got this strategy.
This is what we're going to do, this is how
we're going to do it. I love it. It's been very fun.
I mean, I don't think I'll ever be in a
situation where I can buy a holiday home in Portugal
that would be elite but I adore that. I got
to learn about your story and what you're getting up
to and how you're absolutely killing it, especially because you
(21:09):
want to just I don't know what you want to
do is so important, Like boosting confidence on leadership skills
and self belief for women is so important, and we
are definitely on the same page about that.
Speaker 4 (21:20):
Absolutely. I love that.
Speaker 3 (21:21):
Adore, Well, thank you so much for joining us for
a money diary. It has been an absolute pleasure, and
I just know people are going to be listening to
this being like Wow, she's so cool, like that is
an elite money story. So I really appreciate it.
Speaker 4 (21:34):
Thank you, wonderful, Thank you so much.
Speaker 3 (21:43):
If I shared on She's on the Money is generally
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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 PDSTM D and obtain appropriate financial advice tailored towards
(22:03):
your needs. Victoria Divine and She's on the Money are
authorized representatives of Money sherper P T Y L T
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