May 1, 2025 • 39 mins
Gold prices are on the rise… but does that mean you should be out here buying bars? This week’s Friday Drinks kicks off with a shiny dilemma: one listener wants to know if investing in gold bullion is a smart financial move, or just a panic response. So we're chatting about when gold actually makes sense as an investment (and whether that jewellery sitting in your drawer is secretly part of your portfolio). Then we get personal: would you delay your dream job just in case you want to have kids someday? We dive into the pressure to plan around maybes and how to make big life decisions when nothing feels certain. Of course, it wouldn’t be a Friday ep without your money wins and broke tips.
Content Warning: This episode includes discussion of miscarriage. If this topic is distressing for you, you may want to skip this one. And if you need support, Miscarriage Australia has a list of helpful resources available here.
FREEBIE: we’ve teamed up with our friends at Moonpig again for a pretty iconic Mother’s Day offer: right now, you can send your first card completely free with the code MUMSOTM. Head here and add a cute photo, a sweet message, maybe even a voice note.
Webinar Replay: Catch the Constant Contact webinar replay here, and the first small business marketing mini series youtube video here.
Join our 300K+ She's on the Money community in our Facebook Group and on Instagram.
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.
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hello, my name's Santasha Nabananga Bamblet. I'm a proud Yr
the Order Kerni Whaltbury and a waddery woman. And before
we get started on She's on the Money podcast, I
would like to acknowledge the traditional custodians of the land
of which this podcast is recorded on a wondery country,
acknowledging the elders, the ancestors and the next generation coming
(00:22):
through as this podcast is about connecting, empowering, knowledge sharing
and the storytelling of you to make a difference for
today and lasting impact for tomorrow.
Speaker 2 (00:33):
Let's get into it. She's on the Money. She's on
the Money.
Speaker 3 (00:57):
Hello, and welcome to She's on the Money, the podcast
that makes personal finance fun.
Speaker 2 (01:02):
Especially on Fridays.
Speaker 3 (01:04):
It is our favorite day of the week because we
get the team together, we get to celebrate you how incredible.
Speaker 2 (01:09):
She's on the Money community.
Speaker 3 (01:11):
Miss Jessica Ricci as always is right here with her
money wins straight from the Facebook group.
Speaker 2 (01:16):
Miss beck Sayed is going to be sharing.
Speaker 3 (01:18):
Her broke tips and we're going to be helping with
the money dilemma, which this week is all about whether
you should buy gold bullion and something that you slid
into our DMS about should you delay a work opportunity
if you think you might have kids. I find there
is such an interesting conversation, one that historically I didn't
think I would be having. But now I'm having these
(01:40):
conversations with my friends about like, oh do I take
a new job on my current job has a really
good matt leave policy. I just never thought we'd be here.
Speaker 2 (01:48):
But we are. Anyway, Before we get there, what do
you do this week? Jess? Not much.
Speaker 4 (01:53):
I feel like I've moved on to the next holiday.
So now it's Mother's Day, which I know some people
will say probably not a huge I disagree.
Speaker 2 (02:01):
Mom's a very importanti for anyone. As well. We've got
a little moonpig giveaway.
Speaker 3 (02:05):
Yeah, my god, the moonpeg giveaway is actually elite, like
so good.
Speaker 2 (02:09):
So you guys are not taking advantage of this. It
is free. It is a free card.
Speaker 3 (02:14):
Yeah, so if you don't want one for Mother's Day,
that's fine, because I tried the code. It might be
for Mother's Day, but like you can pick any card. Yeah,
so it's I think it's SotM Mum is the coade.
We'll put it in the show notes. But you can
create any card with you meet Vita. You made a
really cute one for duty. It was really sweet.
Speaker 2 (02:32):
You can personalize it, can we handr eye on it?
And it ships for free too, which I thought was
really good.
Speaker 4 (02:36):
If you're someone whose mum is maybe interstate or you
won't get to.
Speaker 2 (02:39):
See there's no catches. Yeah, like it's free.
Speaker 3 (02:42):
You can send your mama card to her house for
free through Moonpig, or you could send.
Speaker 2 (02:47):
A card to you for a later date.
Speaker 3 (02:50):
You could like customize one for your partner or customize
one for a friend and like have it in the bank.
Speaker 2 (02:55):
Yeah. Literally, like there's there's no downside. Money win. We're
getting into an early you can have that one for
free and what about you? Beck week has been really lovely.
Came back from school camp. Camping was so fun.
Speaker 5 (03:09):
Is everything I could have dreamed of, all the games,
the excitement, seeing all your friends just in the one
place and you're like camping in like.
Speaker 2 (03:17):
A group of ten not camping. It's like, you know dorms.
Is that what you call them? Cabins?
Speaker 6 (03:21):
Yeah?
Speaker 3 (03:22):
Yeah, fully it's giving. I don't know school camp.
Speaker 5 (03:24):
Yes, it's given, and that's exactly what it is. And
it was just Yeah, it was just really wholesome and nice.
And usually I'm like my friends, know, I don't like
a sleepover because I need to scroll for.
Speaker 2 (03:34):
A certain amount of time. I just want to be
you can do that. But it was really fun. You
can do that in my house. That's all good to ask.
Thank you.
Speaker 3 (03:40):
Like sometimes we will just sit on the couch together
and scroll scroll, it's all.
Speaker 4 (03:44):
Yeah.
Speaker 2 (03:45):
I love who's also in our team. She calls that
mouse time. That's my mouth time time, and you've got to.
Speaker 3 (03:51):
Like mice and I think that that's really cute and
everybody needs a little bit of mouse time.
Speaker 2 (03:56):
Yeah, definitely. What about your how's your week?
Speaker 3 (03:58):
My week was good, love luf. It has been mundane
as always. I have had a few speaking events, which
is always really good. And then yeah, just I'm spending
more time in the Zella office at the moment, which
I don't know, I'm loving it. I know that, like
that probably comes as a surprise to you guys, but
like I do spend a fair bit of my week
(04:19):
working from home because I do feel like I'm a
bit more productive. But recently I've gone, oh maybe I'll
spend like an extra day a week in the Zella
offices because like, I have these really big goals for
the business this year, and like obviously if I'm not present,
things aren't gonna happen, and I actually need to put
my money where my mouth is, essentially, So that's been
(04:39):
really good. Every single month, my team pick a word
of the month, so like we will do like a
different word every month, and then all of our activities
or things that are in addition to the work that
we're doing are themed, and I love that. But this
month it's been refocus, and so like we're refocusing on
like what our goal and refocusing on like exactly what
(05:02):
is important, and you know, even just refocusing personal and professional.
So like we've run a workshop, Like we did a
whole morning where I got brunching. We all sat in
the workshop room and we talked about our personal goals
and set some new personal goals and then our professional
goals and what we want to achieve by the end
of the year and what we want to achieve by June.
And just I feel like when you have clarity, you
(05:24):
just feel so clean and fresh. And that's where this
idea of me coming into the office a little bit
more is anyway, Refocus has been the vibe and it's vibing. Yeah.
Speaker 2 (05:33):
I like that, Like, yeah, anyway. Would you like to
hear a five star review? Yes? Please?
Speaker 3 (05:38):
Oh I love this part, maybe because it strokes my ego.
This one's from Holly, So Holly says, I found Cheese
on the Money and The Broke Generation in July twenty
twenty four. They absolutely changed my life. I've binged every
single episode starting season one from July last year and
finally up to date this week.
Speaker 2 (05:59):
That's a lot. We have one episodes. I've now paid
off all my debt.
Speaker 3 (06:04):
Which included twenty thousand dollars left to me by another person. Oh,
I have a really healthy emergency fund and we are
on track to buy a house this year.
Speaker 2 (06:15):
With the help of the beautiful girls at Zella White.
Speaker 3 (06:18):
Victoria has such an amazing and kind way of breaking
down terms and explaining things so they don't seem so complicated.
Jess is so kind and has such a way of
wording things that you feel like you're on her journey
with her. Oh, Beck is so relatable or honest. I
just want to give her a giant hug. Oh, thank
you ladies for the work that you do. You have
(06:39):
changed so many lives, including my own, and I am
so eternally grateful to be able to access She's on
the money and everything that goes along with it.
Speaker 2 (06:47):
Oh my god, that's so sweet.
Speaker 3 (06:49):
I want your giant hug And you know what, Becky
is a giant hugger as I am a giant hugger.
Speaker 2 (06:55):
Yeah, as you know. So sweet and congratulations. That is
no easy fee. That's so impressive. I love that. I'm
going to go talk to the Zella team now and
be like so holy. And she gave us a really
good review. Can you just tell her I love her? Yeah, totally, seriously,
get us some stweet.
Speaker 3 (07:10):
All right, let's get into it a little bit further, Jess,
community money wins.
Speaker 4 (07:14):
What have we got alrighty, firstly, I've got one from
Alie who said I'm getting married in September and I
was trying to get a dress for cheap. I found
a brand new twenty five hundred dollars wedding dress with
tags still attached on Marketplace and I only paid seven
hundred and seventy five dollars for it. It was the
exact dress that I wanted. And this is a huge
saving because we'd budgeted two thousand dollars already for a dress,
(07:37):
so she's in the green and I feel like that
never happens with weddings. Congratulations Ali, and congratulations on your
upcoming wedding. Next, I've got a money win from Kerry,
who said she attended the Constant Contact webinar with Victoria
a few weeks ago.
Speaker 2 (07:50):
That one was so fun.
Speaker 4 (07:51):
It was really fun, and she's just received her free
business Bible book in the mail. She said it's a
money win because I was going to buy it anyway
to help start up her date practice.
Speaker 2 (08:00):
But she also got a.
Speaker 4 (08:01):
Free Constant Contact trial for customer emailing systems, so she's
very excited. And I was going to say, if anyone
couldn't attend that webinar, there is a replay for all
of our small business owner put it on YouTube.
Speaker 2 (08:12):
Put it.
Speaker 3 (08:12):
I feel like you're a small business owner, baby, you're busy.
You probably didn't have time. Yeah, but we recorded it,
and Constant Contact to let me put it on the internet,
so that was really not really exciting.
Speaker 4 (08:22):
We'll pop a link maybe to that in the show
notes if you want to check it out. Next, I've
got a money win from Kimberly, who said, my husband
gave me a bag of too small clothes to drop
off at the selvo's bin, and I noticed that they
were two old buzzy soccer jerseys in there. I thought
they might be worth something, knowing that they were close
to a decade old, a little vintage moment. So she
put them on eBay for ninety nine cents each and
(08:42):
got about ninety five bucks for that. Sorry what she said,
not bad for something he was going to throw on
the win. Oh, eBay slept on.
Speaker 2 (08:48):
I feel like it's not slept on by me. Yeah,
I know. I love eBay.
Speaker 4 (08:53):
You can find yourself some bargains, and also you can
sell like I know that. I've seen some people saying
it's hard to sell a marketplace and stuff. I feel
like eBay branded stuff.
Speaker 3 (09:02):
And also I like that you can just buy something
on eBay and it's yours. I don't have to message
the seller and say what are your bank details?
Speaker 2 (09:10):
Have get cash out? Yeah no, I'm just paying.
Speaker 3 (09:13):
With PayPal and I am feeling safe and.
Speaker 2 (09:16):
Shining up at your door. We love so true.
Speaker 4 (09:18):
Next, I've got money win from Nidia, who said I
called the holiday home owner directly for a property that
she saw listed on Airbnb. She asked, if they're borrowing
is lower and she saved herself eighty bucks over two
nights for a cute place on the beach and it
was dog friendly so too, fur baby could come with her,
so you don't have to spend money on doggy day
care either.
Speaker 2 (09:36):
Love always with Google, I feel like a lot of places.
Speaker 3 (09:40):
And especially so like my top tip here is if
a property is listed on airbbit I'm sorry airbnbb, like
we're all just out here for a money win. But
if the property is listed on Airbnb and it has
a name, Like if the place has a name and
it's like, you know, the fancy.
Speaker 2 (09:55):
Pants Lodge or something, google the name.
Speaker 3 (09:57):
Totally, like google what they've called the property, because if
they've gone to that effort, it probably has its own
website or it probably has another listing and you can
go direct.
Speaker 2 (10:06):
Yeah I'm clever anyway, So I tried to do that
a little while ago.
Speaker 3 (10:09):
It went direct and they were like, oh, yep, to
book the property, we need a deposit of X, but
booking it through Airbnb no deposit. So I was like
cats booking it on Airbnb. Yeah, seriously, so check.
Speaker 2 (10:21):
It before you wreck it.
Speaker 4 (10:25):
Lastly, this week I got a money in from Amy
who said she bought a cute vintage keyhole dresser at
a vintage store.
Speaker 2 (10:31):
Partner's a sweetheart and is picking up on Wednesday for her.
Speaker 3 (10:35):
I love you too.
Speaker 2 (10:36):
We love a little vintage finish piece. Yeah, I call me, hey,
give me your broke tips.
Speaker 5 (10:41):
So actually, just quickly while we're on the AIRBB train.
Speaker 2 (10:45):
Yeah, my partner, this is kind of do you have
a girlfriend who would have known?
Speaker 5 (10:51):
I know I will not shut up about it, but
she wanted to say it.
Speaker 2 (10:56):
I need her.
Speaker 3 (10:57):
I need beck to talk to my husband ramping up
how obsessed he is with me.
Speaker 2 (11:02):
Yeah, I can do that.
Speaker 3 (11:03):
You call Steve and you call James and be like,
here are the expectations I'm setting because I want what jesscott.
Speaker 5 (11:09):
I can have an open and closed checklist. Yeah, for
breakfast and nights because of it. And then like you know,
during the day service sort of thing said to you
really do Yeah that is.
Speaker 2 (11:19):
Really really.
Speaker 3 (11:21):
We probably should just be in those being relationships.
Speaker 2 (11:25):
It's kind of nice. I'm gonna say it's kind of nice.
It sounds like a dream.
Speaker 3 (11:28):
And this is this is going to maybe even you know,
it's going to annoy us, might annoy you.
Speaker 5 (11:34):
Jess like very casually mentioned she want to stay in
Melbourne Place, which is just like.
Speaker 2 (11:37):
This hotel and cute.
Speaker 5 (11:39):
I've never been there, but I had never heard of it.
But I was like, okay, cool, we I'll like, you know,
surprise it with a little Friday night thing there. But
then I went to the I google it, and I
went to the actual website. But then I thought, hang
on one second, I'm sure I've seen booking dot com,
and like, what if in all those places are being
shot back it's like eighteen percent this one for this
particular day, you're thirty percent back on And I bought
(12:00):
it through there, I got.
Speaker 2 (12:01):
Like thirty dollars or something. Yeah, money, we I mean
more than more than three dollars.
Speaker 5 (12:05):
I remember that, And so make sure you do that
first before you show through all these other avenues.
Speaker 3 (12:10):
I feel like, obviously Jess and I and you we
are all obsessed with shop obsessed, but I feel like
people are forgetting like it was trendy and now it's
just like a part of everyday life. Yeah, forgetting to
use it.
Speaker 5 (12:22):
Please don't please yet forget just don't forget you guys.
Speaker 3 (12:25):
Like it wasn't trendy, it's actually making you money.
Speaker 2 (12:28):
Yeah, we love free money.
Speaker 5 (12:30):
And even if it's like five cents per transaction, it's
like from little things, big things grow exactly right. And
I'm sorry in evance, I am going to go back
to back with the last.
Speaker 2 (12:40):
That's okay, that's okay. What's your second one? No, actually
that wasn't a break tip at all. That was just
a freebie. But the first one comes from.
Speaker 3 (12:46):
That wasn't your broke tip, That was not my brick tap.
Speaker 2 (12:48):
Oh that's just a hot little hound.
Speaker 5 (12:51):
So this first one comes from Sam who says that apparently,
and I haven't physically fact checked this, but if you
buy something from Buddings and it's like under hundred dollars,
then if you go in and it's like say, it's
like you know, general wear and tear, it's just not
working anymore, they will replace it. If it's under one
hundred dollars, they just replace it, no questions asked.
Speaker 2 (13:10):
Such a great policy. I heard they do the same
for plants.
Speaker 3 (13:14):
That is, if you kill plants, my plants dead, and
they'll be like oh, here have a new one.
Speaker 2 (13:21):
That's crazy to me. If you have your receipt.
Speaker 3 (13:23):
Crazy, I think that's insane because honestly, if you kill
a plant, it's usually user error.
Speaker 2 (13:28):
Yeah.
Speaker 3 (13:29):
So I don't know why they're giving you another one,
because you're probably going to kill that too, But it's
nice to know that they are that generous.
Speaker 5 (13:36):
That's insane. I had no idea. Wow, I have so
many plants that are going to take back. This next
one comes from Emma, who is maybe a friend of
the pod, who.
Speaker 2 (13:47):
Says that there's going to become an ongoing character. I
think so.
Speaker 3 (13:51):
I think online offline? Yeah, okay, Emma, not the one
that we used for every other week. Yes, Tips mentioned
that there's a place in Ringwood called Ringwood Repair Cafe. Okay,
you you go GeSe off coffee. But also if your
shoe is broken, they repair it for free.
Speaker 2 (14:09):
No they don't.
Speaker 5 (14:10):
Yes, I mean like maybe just the best of their ability.
They're probably not like a fool. I don't that's Gene Noddler.
But they repair. That's what I've seen, But I'm sure
like they'll do it.
Speaker 2 (14:21):
Is it everything crazy? It's everything? What?
Speaker 3 (14:25):
So you just got a broken bracelet? They'll be like, oh,
let me have a crack at that.
Speaker 2 (14:29):
They'll probably have a crack at that.
Speaker 3 (14:30):
Oh my god, is like going to like a parent's
house for a coffee and then they fix it.
Speaker 2 (14:34):
Yeah. Oh this is so wholesome.
Speaker 3 (14:36):
You know.
Speaker 2 (14:36):
It isn't a cue.
Speaker 4 (14:38):
How people can bring broken items to be fixed by
expert repairers.
Speaker 2 (14:42):
Expert repairers. I love this.
Speaker 3 (14:45):
It's giving Men's Shared vibes. So my husband's grandpa is
involved in the Men's Shared and like people in his
local community drop off broken pieces of furniture or whatever
and they fix it for free.
Speaker 2 (14:57):
Oh that's so it's the most wholesome. We need community. Yeah,
I'm all for the I.
Speaker 3 (15:04):
Was talking about community the other day and the most
important part of community. I feel like we all say, oh,
there's no community anymore. There is if you choose to
get out in it. Like, if you're choosing to actively
get out in the community, you're gonna find it. You
can't just sit in your house and expect community to happen, Like, you've.
Speaker 2 (15:21):
Got to go out.
Speaker 3 (15:22):
You've got to be present, you've got to be giving.
I think that to create good community, you've got to
be one of those people that gives more than you
expect back.
Speaker 2 (15:30):
Yeah, it's there. It's there, It's absolutely there.
Speaker 3 (15:32):
And I've only really been tapping into that, i would say,
in the last twelve months since having a baby, because
it's been the first time that I've actively engaged with
like my community center, that I'm actively going to the library,
that I'm actively going out to mother's group like that,
I'm realizing this community thing.
Speaker 2 (15:54):
Yeah, oh yeah, I like it here.
Speaker 3 (15:55):
Oh yeah, I like it here, Like I just anyway,
I think it is very whole. And now I've got
like little group chat and we're.
Speaker 2 (16:02):
All like, oh ha, someone got this. I'm looking for X.
We do, We've got you, We've got that in Brunswick.
I don't want to be I don't want to be there.
I don't feel better at it than we are.
Speaker 5 (16:10):
A good car network where you just put in what
is key is?
Speaker 2 (16:15):
It just feels good. It's so good. And then my
broke tip very swimar to my.
Speaker 5 (16:20):
First freebie is that if you The other day, I
was like going to get door Dash and I was like,
I'm sure, I'm sure there's a way I can do
this smart And then I put all these things in
my cart it came to like thirty five dollars.
Speaker 2 (16:31):
Yeah, and I went on shop back.
Speaker 5 (16:33):
I bought a DoorDash gift card thirty dollars and.
Speaker 2 (16:37):
Just use that.
Speaker 3 (16:38):
I got like five bucks. This woman is a gaming
shop back. Yeah, I'll sas to shop back. I love it.
Free money for everyone. All right, let's go to a
really quick break on the flip side. We're going to
be talking about whether you should buy gold bullion or not,
which I think is a very interesting question and something
that you.
Speaker 2 (16:57):
Slid into our d MS about.
Speaker 3 (16:58):
This week, we're talking about whether you should delay a
work opportunity because you're planning on having kids, so don't
go anywhere.
Speaker 2 (17:10):
Welcome back, everybody.
Speaker 4 (17:11):
Let's take a listen to this week's money dilemma.
Speaker 3 (17:15):
Hi, there, have you got a money dilemma you just
can't solve? The She's on the Money team is here
to help. Every week we tackle your dilemmas, both big
and small, to answer your most burning money, career and
life questions. To get involved, simply head to our website
and leave us a short voice recording and you might
just find yourself on the show. Now, let's take a
listen to this week's money dilemma.
Speaker 6 (17:38):
Hi Victoria, I've been following your podcast and reading all
your books. I love all your content. One thing missing
from your books, and wondering if you had any advice
on purchasing gold billions. I hope I pronounced that right. Yeah.
I'm just doing some research at the moment, and I'm
playing the share market game, which has been super fun
(18:02):
and educational, just to get my head around dipping my
toe in the market. But I've yeah, just want some
advice on your thoughts on buying gold and storing gold.
Thank you.
Speaker 2 (18:14):
By Oh, this is interesting. There's a lot of conversation.
Speaker 3 (18:17):
Going on in our community at the moment about bullion,
which I'm sorry to correct you. It's bullion, but it's
because gold prices have increased significantly recently, and you will
often see in times of economic uncertainty, things like gold
increase in value because they are physical assets and they
make people feel comfortable.
Speaker 2 (18:39):
Right, So you go, oh, I'll put.
Speaker 3 (18:40):
My money in gold because it's I can touch it,
I can taste it, I can see it, I can
hold it. Right, It's like a physical asset, and physical
assets during terms of economic turmoil.
Speaker 2 (18:49):
Do well, what are.
Speaker 3 (18:50):
Your thoughts before we get there, Jess, have you thought
about gold?
Speaker 2 (18:54):
Is that something you want to purchase?
Speaker 4 (18:56):
If so, why we did a blog post a few
years on gold.
Speaker 2 (19:00):
It's something I've considered.
Speaker 4 (19:01):
I know that it's attractive for countries with a weaker dollar,
ycause I'm excited. I'm like, oh girl, you know, yeah,
like the countries where their currency maybe doesn't hold up
or it's quite unstable.
Speaker 2 (19:14):
I think pla hedging. That's exactly what I meant. Yep,
that's exactly really where I was going with that.
Speaker 4 (19:22):
But yeah, I know, like I know that that's the case.
Speaker 3 (19:23):
For me.
Speaker 4 (19:24):
It's not something I've invested in. It just seems a
bit tedious because you store it.
Speaker 2 (19:28):
I don't know. I was just kind of like, what
the hell is going on?
Speaker 4 (19:33):
It's actually really quite very little gold.
Speaker 2 (19:42):
It's no like a picture of a bar.
Speaker 3 (19:45):
So when people say they're buying gold, they're not just
like investing on the share market. You will go to
a company that issues goal really purchase gold from them,
and more often than not, you'll also pay them a
storage fee to hold onto and look after your gold.
Oh so, like some people might buy a bar of
gold bullion and you can buy them in lots of
(20:05):
different weights, so you could buy like ten grams or
one hundred grams or whatever of gold.
Speaker 2 (20:10):
You're literally buying goal resource.
Speaker 3 (20:13):
It's giving games night, it's giving I am playing Katan
and it's a resource that I've purchased.
Speaker 2 (20:19):
Wow. But you're buying this asset and you can store it.
Speaker 3 (20:22):
Some people keep them at home, some people keep them
in a safe some people keep them at a company
that stores gold. You could have a safety deposit box.
Like lots of people just buy this physical asset and
hold it. And the reason that people do it is
gold historically has held up during times of economic turmoil,
(20:42):
as I said before, but it usually holds its value
during cost of living crisises, making it relatively safe during
uncertain times. It's seen as as Jess was saying, a
lot stronger. So in countries where their dollars not as
strong or their government's not as strong, people hold gold
because it's stable and often, like gold will slowly increase
(21:06):
over time, it'll increase and that feels really safe. I
mean a lot of people might be looking at gold
at the moment because it's in the news a little
bit like when an asset increases in price, you know,
the news picks up on it and then like gold's
up and you're like, oh gold, I haven't thought about gold,
but it could play into your diversifications. So it behaves
(21:27):
very differently from shares and property, which can obviously not obviously,
but it can help reduce the overall risk of your
portfolio because it gives a little bit more stability. As
I said before, it's a tangible asset on like an
ETF or a share, like you can hold it like
beg you could go to the place that issues it
and you can.
Speaker 2 (21:45):
Hold your gold bart ver you can.
Speaker 3 (21:48):
There's no counterparty risk, so gold doesn't actually rely when
I say counterparty risk, like it doesn't rely on a company,
Like it doesn't rely on a company's performance or a
bank's solvency or you know, a CEO getting involved in
a scandal.
Speaker 2 (22:06):
Yeah, it's an asset, full stopper. End of story.
Speaker 3 (22:10):
And there's as Jess was saying before about the global
thing about you know, currency risk, there's actually global demand
for gold, so like it's recognized and valued all across
the world, and it has been for years, Like what
did pirates trade in gold coins? So it's very easy
to liquidate, i e. Sell if you need to get
(22:31):
the cash, which is.
Speaker 2 (22:32):
Good to know.
Speaker 3 (22:33):
What does that actually mean though, because a lot of
people are going to go v And this person who
wrote in Fantastic she said, I missed it. You're right,
probably should have touched on it. But it's not an
asset I love. So for me when I wrote my
books and for me when I talk to you guys
about wealth creation, I want growth and long term wealth building.
(22:56):
And if that's your focus and that's your plan, shares
and ETFs might be a better option than gold because.
Speaker 2 (23:05):
Shares have income potential.
Speaker 3 (23:06):
Shares can pay dividends, giving you regular passive income.
Speaker 2 (23:09):
Gold can't do that.
Speaker 3 (23:10):
Capital growth, So over time, the share market has historically
delivered better performance than gold. Ownership is one so like
when you buy shares, you're actually buying a very small
portion of a business, not just an asset that you
hold liquidity. So yes, you can sell your gold, but
it does take a lot longer to sell your gold,
(23:32):
and there are higher transaction costs on selling gold because
brokers get involved. Then you just hitting dispose of your
assets and then compound returns. So like reinvested dividends, create
more market growth, create a bigger, stronger portfolio. So if
we compared like gold and shares, like the purpose for me,
(23:54):
gold stores value and that's why Jess's point of like,
you know, currency is essentially going all right, well when
the market is not doing well, at least I have
gold and it's holding its value. Whereas shares, I would
say their purpose is wealth creation returns. Historically, gold doesn't
have very high returns, doesn't give you any income, low
(24:16):
returns in terms of growth. Shares high long term returns
and also you get some dividends. Risk Obviously gold is
lower risk. Shares are higher risk, but with higher risk
comes higher reward. I talked about liquidity and then growth
in portfolio, so that if we talk about your portfolio,
the reason you would hold gold is because you want
it to be a little bit more defensive, a little
(24:37):
bit more solid. You want the returns to be consistent,
and that is usually aligned with a more conservative investor
or an investor at the end of their investing life cycle.
On the flip side, shares and like our podcast, I
would say resonates with younger women, women who are working
full time. You're probably looking for growth, looking to generate
(25:01):
wealth over the long term and put yourself in a
better financial position. So gold can I would say, protect
your wealth, so it can protect your wealth over a
long period of time. I would say, on the flip side,
shares build your wealth. So are you trying to protect
your wealth or are you trying to build your wealth?
Is the question here, And a balanced portfolio actually might
include both. But you need to look at your goals
(25:24):
and then decide on which one makes the most sense
for you. So for me, it's very here there, they're
very very different assets. Gold, I would say, is incredibly conservative.
Shares your about growth.
Speaker 4 (25:38):
What I'm here is I could buy myself some gold
jewelry and consider it an investment.
Speaker 3 (25:42):
You do have to remember, though, when you buy gold,
you're often buying twenty four carrot gold. It's pure, and
when you buy like a bracelet or whatever, it might
be ten carrot or fourteen carrot and it's mixed. So yeah,
you can buy gold, just buy really good gold.
Speaker 2 (25:58):
This is crazy, Cavely, It's the thing I like a cartoon. Yes,
it really does.
Speaker 3 (26:04):
So you're saying that my braceletter that I'm wearing right
now is just going to increase in value, but only
if I melt it down, and we don't take into
consideration that the brand of it absolutely overpriced it.
Speaker 2 (26:15):
You can melt it. You can melt it and completely reusable. Wow.
Speaker 3 (26:20):
So if if you did have a twenty four carrot,
even twenty four carrot, it can be melted down and separated.
Speaker 5 (26:26):
Oh my, yeah, this is so cool.
Speaker 2 (26:30):
Maybe O blog post.
Speaker 4 (26:31):
I didn't go into all of that, and it's a
couple of years old, but it might be be a
helpful for people to child.
Speaker 3 (26:36):
Actually hasn't changed, so that blog post is still valid.
Would you like to talk about this week's DM guys?
Speaker 2 (26:42):
Yes, I know you're ready. I know you're ready because
I live for gossip. All right, Hi, she's on the
Money Crew.
Speaker 3 (26:48):
I have a money dilemma which has been weighing really
heavily on me over the last few weeks. I've recently
been offered a training position at work that I've been
hoping for ever since I started my degree. It's my
dream job and to get offered training so early in
my career is an absolute blessing. However, I've also recently
gotten married and we've been talking about trying to start
(27:09):
a family soon. I feel like I'm now stuck between
making a choice between my career and my family. I
don't know if I should be taking the training position,
which would be two years full time for the qualification
and risk getting pregnant in the middle of it, or
if I should decline and risk missing out on the opportunity.
Speaker 2 (27:26):
I've been having so.
Speaker 3 (27:27):
Much uncertainty and anxiety around something that I've wanted so badly.
Any advice would be greatly appreciated.
Speaker 2 (27:34):
I really, really.
Speaker 5 (27:35):
Really think that you should be following your career dreams
and goals because I want everyone to watch Have you
guys heard of Night Bitch?
Speaker 2 (27:47):
No, it's with any recommendation you make.
Speaker 5 (27:50):
I mean, okay, I think that our listener should watch
this before because I really do think. I just don't
want you to get into a place where you're, like,
I don't know, like you've had child. You are happy, obviously,
like you know, you love your children and they bring
you so much. But I just fear that like a
lot of people do kind of like lose themselves once
they have a child, and they're like their identity and
(28:11):
like it's so much more work, Like it's so much
more consuming than we ever realize.
Speaker 2 (28:15):
And so I feel like, first.
Speaker 5 (28:17):
Of all, having that conversation with your partner whoever you're
having a child with. And some people have a child
on their own, and some people do it with multiple people.
But I think that if you have a conversation, you
really really are sure of all the expectations, You're like
thinking about every aspect of every single day. That is
really important because you don't want to get to a
place where like you're having a child with someone and
(28:37):
then you realize that the load is really not very equal,
and you just buy default, go into this stay at
home parenting role, and then you buy default, give up
all your hopes and dreams, and then before you know it,
ten years have passed and you're like people are like, hey,
what do you do for work? And you're like, oh,
I used to be and then you're like, no, I
was that. I was a lawyer. Now I'm a mum.
(29:00):
It's great as well, but you just don't want to
lose yourself. You don't want lose your identity. Keep following
your dreams. If something happens, if you're feel pregnant, you
must have that conversation about distributing the load. So that
you don't lose yourself, your partner doesn't lose themselves. Everyone's happy.
Just don't give it up, don't give up your dreams.
Watch Night Bitch's make.
Speaker 2 (29:19):
It take away, right, I'm going to watch Night Bitch? Please? Yes?
What are your thoughts on this?
Speaker 4 (29:23):
I think you need to decide, like do you want
to have a kid in the next two years or not?
Like you've kind of said, oh, I've gotten married, we're
thinking about it. And I know that you can't always plan,
like it's not a perfect world, but like you can
definitely go is the plan to have a kid in
the next two years or not? Because I think this
is more than just taking on a job, like you're
taking on a level of education, and to me, it
(29:46):
feels a little bit wasteful almost of both your time
and the resources of the company that I'm assuming would
be paying for you to do this training, whatever that is,
if you were to get halfway through, for example, and
then drop out. With that being said, I would also
look into, well, is it something I could put on pause?
It's hard because we don't know what the training is,
(30:07):
but like, could I do if say I got halfway
through my training and felt pregnant and when on maternity.
Speaker 2 (30:11):
Lead, why can't I come back to it?
Speaker 4 (30:12):
Can I pick the training back up? But I know
that sometimes with these things, like you, there's like a
time limit on it, So I would just look into
that to know your options.
Speaker 2 (30:21):
But I think that, like, if you're.
Speaker 4 (30:22):
Going to have a child, that's probably something that you
do need to be planning for regardless, So it might
be helpful for you to solidify what those plans ideally
look like, because we also know that getting pregnant is
not linear and the best laid plans can go awry. Yeah,
Like I wouldn't say that it's really our place to
tell you yes or no. I think it's really something
you've got to look at within yourself because I, as
(30:45):
you said back, I don't want you to put your
dream job on hold, And just because you're going to
have a child doesn't mean that you're not going to
then want to come back to that dream career. And
it would be unfortunate to give up an opportunity.
Speaker 2 (30:57):
But I think you just need to weigh up what
you want.
Speaker 4 (31:00):
It's a classic thing you can have everything you want,
but not at once. Yeah, And I do think like
as much as I know that we say all the time,
like your workplace wouldn't hesitate to replace you, da da da.
I do think like there's some level of consideration ode
to them if they're going to be footing the bill
for you to do whatever this training is and putting
(31:20):
that time and that resourcing into you. If you know
for a fact that in twelve months, if you can
be pregnant, you would want to be pregnant.
Speaker 2 (31:28):
Does that make sense? Yeah, that makes sense. Can I
bring the mood down? Yeah?
Speaker 3 (31:33):
So I look at this and I just go do
the course, do it, sign up for it, you get
it done. I would have spent a lot of time
in limbo if I had put my life on hold
and my career on hold because I wanted to have
a baby. And when I said I want to bring
the mood down. I found pregnancy hard. But I found
(31:56):
it extra hard because I had two pregnancies before I
had Harvey that I lot lost.
Speaker 2 (32:00):
And one thing that made.
Speaker 3 (32:03):
Everything, I think a lot easier was having my career,
having things in the background that I was looking forward to,
being able to get out of bed and go to
work and still do the podcast and work on the
online courses, and none of that was on hold because
of Victoria's planning on having a baby at some point
and so therefore we need to pull back.
Speaker 2 (32:23):
I think at that point in.
Speaker 3 (32:24):
Time, I was so appreciative that, like we weren't like
planning to take time off because you just never know
how long that's going to take. Like you could get
pregnant first, go slay.
Speaker 2 (32:37):
Do you know what?
Speaker 3 (32:37):
I don't think you owe anything to your employer. I
would be really upset if I found that someone in
my team was prioritizing my business over their ability to
have a baby, because that is so hard. Like for
some people they start the journey bam, pregnant real quick, congrats.
For some it takes literal years. And the idea that
(32:57):
you would have then put your career on hold visits
thing that wasn't eventuating, and your.
Speaker 2 (33:02):
Whole life becomes paused. Like, don't do that to yourself.
Speaker 3 (33:07):
I would prefer you to have to go to your
employer because it's none of their business how you got pregnant.
Speaker 2 (33:12):
Was it an accident?
Speaker 3 (33:14):
Like people get pregnant by accident all the time, Like
we don't have to say, yeah, actually I took up
your training, and then my husband and I actively started
trying to conceive a baby so that I could pull
out of this training that you put me in.
Speaker 2 (33:27):
We're not going to put it that way. You go,
oh my goodness, what a blessing found out I was pregnant.
Speaker 3 (33:32):
Let's deal with that then, because I can almost guarantee
this can be put on pause. Like, if you're planning
next year trying for a baby, You've got twelve months
in this training. It then takes nine months to make
a baby. You're most of the way there. That's like,
can you continue the training without full time employment?
Speaker 2 (33:52):
Maybe it's something you could polish off on matt leave.
Speaker 3 (33:54):
I'm not saying that everyone could do that, because Matt
Lee for everybody is very different, but like, we can work.
Speaker 2 (33:59):
It out, and I'm very much.
Speaker 3 (34:02):
Look, let's just go with the flow kind of girly,
because pregnancy is not something that is, as you were saying,
linear or easy, and you can't guarantee that, yeah, I'm
going to have this super straightforward pregnancy. Do you know what,
you might get to the end of the training. Let's
pretend it takes you a bit to get pregnant. You've
agreed to the training you do, all the training, you have,
your dream job, you have your baby, everything's looking up Millhouse.
(34:27):
You then go, I never want to return to work again.
I love being a stay at home mum. Wow, what
an opportunity that you have the choice, like, I just
want you to have choice. And by putting it on
hold or on ice because you're so worried about impacting
other people, is not putting yourself first. Yeah, put yourself first,
be a little bit, and it's not selfish, but feel selfish.
Speaker 2 (34:49):
I don't mind.
Speaker 3 (34:50):
I think it is fantastic what everyone else think. Everyone
else had a lot of different opinions, So we first
asked you guys a few questions. We said, what will
you do if you were our community member. Forty one
percent of you said, take the dream role jobs, do
not wait, Five percent said hold off for your family plans,
and fifty two percent said try to do both and
(35:10):
see what happens. Two percent of you said too hard
to decide. We then asked, should women factor in potential
pregnancy when accepting a high commitment role, even if it's
just a maybe. Thirty five percent said yeah, it's being realistic.
Fifty six percent said no, it shouldn't be a factor,
and nine percent said, I've made decisions based on this before.
(35:32):
I'd love that, And I like that I've made decisions
based on this before because you can really only talk
about it when you're in it, Like parenting, like as
a parent is so much different to what you think
it's going to be. You go, okay, cool, Like how
am I going to You're thinking so much about the juggle?
You're like, how am I going to do this? Like
what will we do for daycare? What will we do
for child reading? How will I return to my career?
(35:53):
I promise you it flows a lot easier than you
think it's going to, don't get me wrong, Like there
is the juggle, but like your lifestyle changes so dramatically
that like it just becomes part of the new normal.
Like I'm not thinking about my career and all of
my girlfriends, and like the girls that I know in
Mothers Group, we're not like, oh, it's linear and you
(36:14):
have to stop your career here to start here. Like
I think we need to just be talking about this
and working out how we can continue and how we
can keep having these conversations, because it's putting you in
the best possible position. So we said, what's your two cents?
First person said, I fact it in pregnancy. If considering
changing jobs because I needed security and stability, that's a
(36:35):
different story than taking training though. Yeah, and like that
goes back to what I was saying before. I've got
girlfriends who are like, do I move because I want
another baby? But like a new maternity leave policy would
mean I have to be at a location for a
certain amount of time before I get access to the
maternity leave, Like do I want to wait that long
for a baby? Do I want to have a baby?
And state this company like it's a juggle in that case,
(36:57):
we are actually thinking about it. The next person and
said it sucks we have to choose between career and pregnancy.
Speaker 4 (37:03):
Yeah, when you were talking about it before, I was
just thinking I hadn't when I gave my response, like
I really hadn't even considered, which is very naive, like
the gendered lens and the fact that.
Speaker 2 (37:12):
My husband didn't have to do this.
Speaker 4 (37:14):
Well, Yeah, and I mean it depends as well on
whether or not our listener, we don't know if they
plan on being the primary caregiver, what that looks like. Yeah,
that would all factor in, but it just, yeah, it
didn't even come into my brain. And I was like,
how awful that that is something that weighs so heavily
on a lot of us.
Speaker 3 (37:29):
So that plays into the next response. Someone said, there's
actually no right or wrong answer as long as the
choice is yours. I agree, yes, which I couldn't agree more.
Someone else said, you can always leave a job if
it doesn't work out, but you don't want fear to
hold you back. Next person said starting a family shouldn't
compromise your career goals.
Speaker 2 (37:50):
There's always a way forward.
Speaker 3 (37:52):
I agree with that, Like, I just think, work out
your career, dive headfirst into that because do you know
what some people like me, I got really sick. Yeah,
for the first twelve weeks of three friggin' pregnancies.
Speaker 2 (38:06):
Be for real? That should be illegal.
Speaker 3 (38:08):
Yeah, Like I shouldn't have to go through the first
trimester three times. I had h I got diagnosed. I'm
not just saying I had HG, but I got diagnosed
with HG, which is a severe form of morning sickness. Right,
I didn't know I was going to get that. Like
I thought that I was going to glide through and
at maybe eight months we'd wind down.
Speaker 2 (38:27):
No, like my whole entire life went into a spin.
Speaker 3 (38:31):
Someone else said, take the role, work for twelve months,
and then start trying in the second year. Another person said,
I gave up opportunities for potential pregnancy and then had
fertility issues.
Speaker 2 (38:41):
Just take the job. Yeah, And another person said, and
this plays into Jess and is a perfect way to
wrap it.
Speaker 3 (38:48):
Men wouldn't worry about this, so why are we yeah,
which is so true. They'd be like, why are we
talking about this? Just take the job today and we'll
work it out later.
Speaker 2 (38:58):
Do it? Do it? Just do it all right?
Speaker 3 (38:59):
Well, it has been lovely my friends, have a beautiful weekend.
And on the flip side, I will see you on Monday,
bright and early for a money doughy.
Speaker 2 (39:06):
Gorgeous bie guys.
Speaker 5 (39:07):
Bye.
Speaker 3 (39:14):
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
(39:34):
your needs. Victoria divine and She's on the money. Are
authorized representatives of money sheirper pty Ltd ABN three two
one is six four nine two seven seven zero eight
AFSL four five one two eight nine
Hello, my name's Santasha Nabananga Bamblet. I'm a proud Yr
the Order Kerni Whaltbury and a waddery woman. And before
we get started on She's on the Money podcast, I
would like to acknowledge the traditional custodians of the land
of which this podcast is recorded on a wondery country,
acknowledging the elders, the ancestors and the next generation coming
(00:22):
through as this podcast is about connecting, empowering, knowledge sharing
and the storytelling of you to make a difference for
today and lasting impact for tomorrow.
Speaker 2 (00:33):
Let's get into it. She's on the Money. She's on
the Money.
Speaker 3 (00:57):
Hello, and welcome to She's on the Money, the podcast
that makes personal finance fun.
Speaker 2 (01:02):
Especially on Fridays.
Speaker 3 (01:04):
It is our favorite day of the week because we
get the team together, we get to celebrate you how incredible.
Speaker 2 (01:09):
She's on the Money community.
Speaker 3 (01:11):
Miss Jessica Ricci as always is right here with her
money wins straight from the Facebook group.
Speaker 2 (01:16):
Miss beck Sayed is going to be sharing.
Speaker 3 (01:18):
Her broke tips and we're going to be helping with
the money dilemma, which this week is all about whether
you should buy gold bullion and something that you slid
into our DMS about should you delay a work opportunity
if you think you might have kids. I find there
is such an interesting conversation, one that historically I didn't
think I would be having. But now I'm having these
(01:40):
conversations with my friends about like, oh do I take
a new job on my current job has a really
good matt leave policy. I just never thought we'd be here.
Speaker 2 (01:48):
But we are. Anyway, Before we get there, what do
you do this week? Jess? Not much.
Speaker 4 (01:53):
I feel like I've moved on to the next holiday.
So now it's Mother's Day, which I know some people
will say probably not a huge I disagree.
Speaker 2 (02:01):
Mom's a very importanti for anyone. As well. We've got
a little moonpig giveaway.
Speaker 3 (02:05):
Yeah, my god, the moonpeg giveaway is actually elite, like
so good.
Speaker 2 (02:09):
So you guys are not taking advantage of this. It
is free. It is a free card.
Speaker 3 (02:14):
Yeah, so if you don't want one for Mother's Day,
that's fine, because I tried the code. It might be
for Mother's Day, but like you can pick any card. Yeah,
so it's I think it's SotM Mum is the coade.
We'll put it in the show notes. But you can
create any card with you meet Vita. You made a
really cute one for duty. It was really sweet.
Speaker 2 (02:32):
You can personalize it, can we handr eye on it?
And it ships for free too, which I thought was
really good.
Speaker 4 (02:36):
If you're someone whose mum is maybe interstate or you
won't get to.
Speaker 2 (02:39):
See there's no catches. Yeah, like it's free.
Speaker 3 (02:42):
You can send your mama card to her house for
free through Moonpig, or you could send.
Speaker 2 (02:47):
A card to you for a later date.
Speaker 3 (02:50):
You could like customize one for your partner or customize
one for a friend and like have it in the bank.
Speaker 2 (02:55):
Yeah. Literally, like there's there's no downside. Money win. We're
getting into an early you can have that one for
free and what about you? Beck week has been really lovely.
Came back from school camp. Camping was so fun.
Speaker 5 (03:09):
Is everything I could have dreamed of, all the games,
the excitement, seeing all your friends just in the one
place and you're like camping in like.
Speaker 2 (03:17):
A group of ten not camping. It's like, you know dorms.
Is that what you call them? Cabins?
Speaker 6 (03:21):
Yeah?
Speaker 3 (03:22):
Yeah, fully it's giving. I don't know school camp.
Speaker 5 (03:24):
Yes, it's given, and that's exactly what it is. And
it was just Yeah, it was just really wholesome and nice.
And usually I'm like my friends, know, I don't like
a sleepover because I need to scroll for.
Speaker 2 (03:34):
A certain amount of time. I just want to be
you can do that. But it was really fun. You
can do that in my house. That's all good to ask.
Thank you.
Speaker 3 (03:40):
Like sometimes we will just sit on the couch together
and scroll scroll, it's all.
Speaker 4 (03:44):
Yeah.
Speaker 2 (03:45):
I love who's also in our team. She calls that
mouse time. That's my mouth time time, and you've got to.
Speaker 3 (03:51):
Like mice and I think that that's really cute and
everybody needs a little bit of mouse time.
Speaker 2 (03:56):
Yeah, definitely. What about your how's your week?
Speaker 3 (03:58):
My week was good, love luf. It has been mundane
as always. I have had a few speaking events, which
is always really good. And then yeah, just I'm spending
more time in the Zella office at the moment, which
I don't know, I'm loving it. I know that, like
that probably comes as a surprise to you guys, but
like I do spend a fair bit of my week
(04:19):
working from home because I do feel like I'm a
bit more productive. But recently I've gone, oh maybe I'll
spend like an extra day a week in the Zella
offices because like, I have these really big goals for
the business this year, and like obviously if I'm not present,
things aren't gonna happen, and I actually need to put
my money where my mouth is, essentially, So that's been
(04:39):
really good. Every single month, my team pick a word
of the month, so like we will do like a
different word every month, and then all of our activities
or things that are in addition to the work that
we're doing are themed, and I love that. But this
month it's been refocus, and so like we're refocusing on
like what our goal and refocusing on like exactly what
(05:02):
is important, and you know, even just refocusing personal and professional.
So like we've run a workshop, Like we did a
whole morning where I got brunching. We all sat in
the workshop room and we talked about our personal goals
and set some new personal goals and then our professional
goals and what we want to achieve by the end
of the year and what we want to achieve by June.
And just I feel like when you have clarity, you
(05:24):
just feel so clean and fresh. And that's where this
idea of me coming into the office a little bit
more is anyway, Refocus has been the vibe and it's vibing. Yeah.
Speaker 2 (05:33):
I like that, Like, yeah, anyway. Would you like to
hear a five star review? Yes? Please?
Speaker 3 (05:38):
Oh I love this part, maybe because it strokes my ego.
This one's from Holly, So Holly says, I found Cheese
on the Money and The Broke Generation in July twenty
twenty four. They absolutely changed my life. I've binged every
single episode starting season one from July last year and
finally up to date this week.
Speaker 2 (05:59):
That's a lot. We have one episodes. I've now paid
off all my debt.
Speaker 3 (06:04):
Which included twenty thousand dollars left to me by another person. Oh,
I have a really healthy emergency fund and we are
on track to buy a house this year.
Speaker 2 (06:15):
With the help of the beautiful girls at Zella White.
Speaker 3 (06:18):
Victoria has such an amazing and kind way of breaking
down terms and explaining things so they don't seem so complicated.
Jess is so kind and has such a way of
wording things that you feel like you're on her journey
with her. Oh, Beck is so relatable or honest. I
just want to give her a giant hug. Oh, thank
you ladies for the work that you do. You have
(06:39):
changed so many lives, including my own, and I am
so eternally grateful to be able to access She's on
the money and everything that goes along with it.
Speaker 2 (06:47):
Oh my god, that's so sweet.
Speaker 3 (06:49):
I want your giant hug And you know what, Becky
is a giant hugger as I am a giant hugger.
Speaker 2 (06:55):
Yeah, as you know. So sweet and congratulations. That is
no easy fee. That's so impressive. I love that. I'm
going to go talk to the Zella team now and
be like so holy. And she gave us a really
good review. Can you just tell her I love her? Yeah, totally, seriously,
get us some stweet.
Speaker 3 (07:10):
All right, let's get into it a little bit further, Jess,
community money wins.
Speaker 4 (07:14):
What have we got alrighty, firstly, I've got one from
Alie who said I'm getting married in September and I
was trying to get a dress for cheap. I found
a brand new twenty five hundred dollars wedding dress with
tags still attached on Marketplace and I only paid seven
hundred and seventy five dollars for it. It was the
exact dress that I wanted. And this is a huge
saving because we'd budgeted two thousand dollars already for a dress,
(07:37):
so she's in the green and I feel like that
never happens with weddings. Congratulations Ali, and congratulations on your
upcoming wedding. Next, I've got a money win from Kerry,
who said she attended the Constant Contact webinar with Victoria
a few weeks ago.
Speaker 2 (07:50):
That one was so fun.
Speaker 4 (07:51):
It was really fun, and she's just received her free
business Bible book in the mail. She said it's a
money win because I was going to buy it anyway
to help start up her date practice.
Speaker 2 (08:00):
But she also got a.
Speaker 4 (08:01):
Free Constant Contact trial for customer emailing systems, so she's
very excited. And I was going to say, if anyone
couldn't attend that webinar, there is a replay for all
of our small business owner put it on YouTube.
Speaker 2 (08:12):
Put it.
Speaker 3 (08:12):
I feel like you're a small business owner, baby, you're busy.
You probably didn't have time. Yeah, but we recorded it,
and Constant Contact to let me put it on the internet,
so that was really not really exciting.
Speaker 4 (08:22):
We'll pop a link maybe to that in the show
notes if you want to check it out. Next, I've
got a money win from Kimberly, who said, my husband
gave me a bag of too small clothes to drop
off at the selvo's bin, and I noticed that they
were two old buzzy soccer jerseys in there. I thought
they might be worth something, knowing that they were close
to a decade old, a little vintage moment. So she
put them on eBay for ninety nine cents each and
(08:42):
got about ninety five bucks for that. Sorry what she said,
not bad for something he was going to throw on
the win. Oh, eBay slept on.
Speaker 2 (08:48):
I feel like it's not slept on by me. Yeah,
I know. I love eBay.
Speaker 4 (08:53):
You can find yourself some bargains, and also you can
sell like I know that. I've seen some people saying
it's hard to sell a marketplace and stuff. I feel
like eBay branded stuff.
Speaker 3 (09:02):
And also I like that you can just buy something
on eBay and it's yours. I don't have to message
the seller and say what are your bank details?
Speaker 2 (09:10):
Have get cash out? Yeah no, I'm just paying.
Speaker 3 (09:13):
With PayPal and I am feeling safe and.
Speaker 2 (09:16):
Shining up at your door. We love so true.
Speaker 4 (09:18):
Next, I've got money win from Nidia, who said I
called the holiday home owner directly for a property that
she saw listed on Airbnb. She asked, if they're borrowing
is lower and she saved herself eighty bucks over two
nights for a cute place on the beach and it
was dog friendly so too, fur baby could come with her,
so you don't have to spend money on doggy day
care either.
Speaker 2 (09:36):
Love always with Google, I feel like a lot of places.
Speaker 3 (09:40):
And especially so like my top tip here is if
a property is listed on airbbit I'm sorry airbnbb, like
we're all just out here for a money win. But
if the property is listed on Airbnb and it has
a name, Like if the place has a name and
it's like, you know, the fancy.
Speaker 2 (09:55):
Pants Lodge or something, google the name.
Speaker 3 (09:57):
Totally, like google what they've called the property, because if
they've gone to that effort, it probably has its own
website or it probably has another listing and you can
go direct.
Speaker 2 (10:06):
Yeah I'm clever anyway, So I tried to do that
a little while ago.
Speaker 3 (10:09):
It went direct and they were like, oh, yep, to
book the property, we need a deposit of X, but
booking it through Airbnb no deposit. So I was like
cats booking it on Airbnb. Yeah, seriously, so check.
Speaker 2 (10:21):
It before you wreck it.
Speaker 4 (10:25):
Lastly, this week I got a money in from Amy
who said she bought a cute vintage keyhole dresser at
a vintage store.
Speaker 2 (10:31):
Partner's a sweetheart and is picking up on Wednesday for her.
Speaker 3 (10:35):
I love you too.
Speaker 2 (10:36):
We love a little vintage finish piece. Yeah, I call me, hey,
give me your broke tips.
Speaker 5 (10:41):
So actually, just quickly while we're on the AIRBB train.
Speaker 2 (10:45):
Yeah, my partner, this is kind of do you have
a girlfriend who would have known?
Speaker 5 (10:51):
I know I will not shut up about it, but
she wanted to say it.
Speaker 2 (10:56):
I need her.
Speaker 3 (10:57):
I need beck to talk to my husband ramping up
how obsessed he is with me.
Speaker 2 (11:02):
Yeah, I can do that.
Speaker 3 (11:03):
You call Steve and you call James and be like,
here are the expectations I'm setting because I want what jesscott.
Speaker 5 (11:09):
I can have an open and closed checklist. Yeah, for
breakfast and nights because of it. And then like you know,
during the day service sort of thing said to you
really do Yeah that is.
Speaker 2 (11:19):
Really really.
Speaker 3 (11:21):
We probably should just be in those being relationships.
Speaker 2 (11:25):
It's kind of nice. I'm gonna say it's kind of nice.
It sounds like a dream.
Speaker 3 (11:28):
And this is this is going to maybe even you know,
it's going to annoy us, might annoy you.
Speaker 5 (11:34):
Jess like very casually mentioned she want to stay in
Melbourne Place, which is just like.
Speaker 2 (11:37):
This hotel and cute.
Speaker 5 (11:39):
I've never been there, but I had never heard of it.
But I was like, okay, cool, we I'll like, you know,
surprise it with a little Friday night thing there. But
then I went to the I google it, and I
went to the actual website. But then I thought, hang
on one second, I'm sure I've seen booking dot com,
and like, what if in all those places are being
shot back it's like eighteen percent this one for this
particular day, you're thirty percent back on And I bought
(12:00):
it through there, I got.
Speaker 2 (12:01):
Like thirty dollars or something. Yeah, money, we I mean
more than more than three dollars.
Speaker 5 (12:05):
I remember that, And so make sure you do that
first before you show through all these other avenues.
Speaker 3 (12:10):
I feel like, obviously Jess and I and you we
are all obsessed with shop obsessed, but I feel like
people are forgetting like it was trendy and now it's
just like a part of everyday life. Yeah, forgetting to
use it.
Speaker 5 (12:22):
Please don't please yet forget just don't forget you guys.
Speaker 3 (12:25):
Like it wasn't trendy, it's actually making you money.
Speaker 2 (12:28):
Yeah, we love free money.
Speaker 5 (12:30):
And even if it's like five cents per transaction, it's
like from little things, big things grow exactly right. And
I'm sorry in evance, I am going to go back
to back with the last.
Speaker 2 (12:40):
That's okay, that's okay. What's your second one? No, actually
that wasn't a break tip at all. That was just
a freebie. But the first one comes from.
Speaker 3 (12:46):
That wasn't your broke tip, That was not my brick tap.
Speaker 2 (12:48):
Oh that's just a hot little hound.
Speaker 5 (12:51):
So this first one comes from Sam who says that apparently,
and I haven't physically fact checked this, but if you
buy something from Buddings and it's like under hundred dollars,
then if you go in and it's like say, it's
like you know, general wear and tear, it's just not
working anymore, they will replace it. If it's under one
hundred dollars, they just replace it, no questions asked.
Speaker 2 (13:10):
Such a great policy. I heard they do the same
for plants.
Speaker 3 (13:14):
That is, if you kill plants, my plants dead, and
they'll be like oh, here have a new one.
Speaker 2 (13:21):
That's crazy to me. If you have your receipt.
Speaker 3 (13:23):
Crazy, I think that's insane because honestly, if you kill
a plant, it's usually user error.
Speaker 2 (13:28):
Yeah.
Speaker 3 (13:29):
So I don't know why they're giving you another one,
because you're probably going to kill that too, But it's
nice to know that they are that generous.
Speaker 5 (13:36):
That's insane. I had no idea. Wow, I have so
many plants that are going to take back. This next
one comes from Emma, who is maybe a friend of
the pod, who.
Speaker 2 (13:47):
Says that there's going to become an ongoing character. I
think so.
Speaker 3 (13:51):
I think online offline? Yeah, okay, Emma, not the one
that we used for every other week. Yes, Tips mentioned
that there's a place in Ringwood called Ringwood Repair Cafe. Okay,
you you go GeSe off coffee. But also if your
shoe is broken, they repair it for free.
Speaker 2 (14:09):
No they don't.
Speaker 5 (14:10):
Yes, I mean like maybe just the best of their ability.
They're probably not like a fool. I don't that's Gene Noddler.
But they repair. That's what I've seen, But I'm sure
like they'll do it.
Speaker 2 (14:21):
Is it everything crazy? It's everything? What?
Speaker 3 (14:25):
So you just got a broken bracelet? They'll be like, oh,
let me have a crack at that.
Speaker 2 (14:29):
They'll probably have a crack at that.
Speaker 3 (14:30):
Oh my god, is like going to like a parent's
house for a coffee and then they fix it.
Speaker 2 (14:34):
Yeah. Oh this is so wholesome.
Speaker 3 (14:36):
You know.
Speaker 2 (14:36):
It isn't a cue.
Speaker 4 (14:38):
How people can bring broken items to be fixed by
expert repairers.
Speaker 2 (14:42):
Expert repairers. I love this.
Speaker 3 (14:45):
It's giving Men's Shared vibes. So my husband's grandpa is
involved in the Men's Shared and like people in his
local community drop off broken pieces of furniture or whatever
and they fix it for free.
Speaker 2 (14:57):
Oh that's so it's the most wholesome. We need community. Yeah,
I'm all for the I.
Speaker 3 (15:04):
Was talking about community the other day and the most
important part of community. I feel like we all say, oh,
there's no community anymore. There is if you choose to
get out in it. Like, if you're choosing to actively
get out in the community, you're gonna find it. You
can't just sit in your house and expect community to happen, Like, you've.
Speaker 2 (15:21):
Got to go out.
Speaker 3 (15:22):
You've got to be present, you've got to be giving.
I think that to create good community, you've got to
be one of those people that gives more than you
expect back.
Speaker 2 (15:30):
Yeah, it's there. It's there, It's absolutely there.
Speaker 3 (15:32):
And I've only really been tapping into that, i would say,
in the last twelve months since having a baby, because
it's been the first time that I've actively engaged with
like my community center, that I'm actively going to the library,
that I'm actively going out to mother's group like that,
I'm realizing this community thing.
Speaker 2 (15:54):
Yeah, oh yeah, I like it here.
Speaker 3 (15:55):
Oh yeah, I like it here, Like I just anyway,
I think it is very whole. And now I've got
like little group chat and we're.
Speaker 2 (16:02):
All like, oh ha, someone got this. I'm looking for X.
We do, We've got you, We've got that in Brunswick.
I don't want to be I don't want to be there.
I don't feel better at it than we are.
Speaker 5 (16:10):
A good car network where you just put in what
is key is?
Speaker 2 (16:15):
It just feels good. It's so good. And then my
broke tip very swimar to my.
Speaker 5 (16:20):
First freebie is that if you The other day, I
was like going to get door Dash and I was like,
I'm sure, I'm sure there's a way I can do
this smart And then I put all these things in
my cart it came to like thirty five dollars.
Speaker 2 (16:31):
Yeah, and I went on shop back.
Speaker 5 (16:33):
I bought a DoorDash gift card thirty dollars and.
Speaker 2 (16:37):
Just use that.
Speaker 3 (16:38):
I got like five bucks. This woman is a gaming
shop back. Yeah, I'll sas to shop back. I love it.
Free money for everyone. All right, let's go to a
really quick break on the flip side. We're going to
be talking about whether you should buy gold bullion or not,
which I think is a very interesting question and something
that you.
Speaker 2 (16:57):
Slid into our d MS about.
Speaker 3 (16:58):
This week, we're talking about whether you should delay a
work opportunity because you're planning on having kids, so don't
go anywhere.
Speaker 2 (17:10):
Welcome back, everybody.
Speaker 4 (17:11):
Let's take a listen to this week's money dilemma.
Speaker 3 (17:15):
Hi, there, have you got a money dilemma you just
can't solve? The She's on the Money team is here
to help. Every week we tackle your dilemmas, both big
and small, to answer your most burning money, career and
life questions. To get involved, simply head to our website
and leave us a short voice recording and you might
just find yourself on the show. Now, let's take a
listen to this week's money dilemma.
Speaker 6 (17:38):
Hi Victoria, I've been following your podcast and reading all
your books. I love all your content. One thing missing
from your books, and wondering if you had any advice
on purchasing gold billions. I hope I pronounced that right. Yeah.
I'm just doing some research at the moment, and I'm
playing the share market game, which has been super fun
(18:02):
and educational, just to get my head around dipping my
toe in the market. But I've yeah, just want some
advice on your thoughts on buying gold and storing gold.
Thank you.
Speaker 2 (18:14):
By Oh, this is interesting. There's a lot of conversation.
Speaker 3 (18:17):
Going on in our community at the moment about bullion,
which I'm sorry to correct you. It's bullion, but it's
because gold prices have increased significantly recently, and you will
often see in times of economic uncertainty, things like gold
increase in value because they are physical assets and they
make people feel comfortable.
Speaker 2 (18:39):
Right, So you go, oh, I'll put.
Speaker 3 (18:40):
My money in gold because it's I can touch it,
I can taste it, I can see it, I can
hold it. Right, It's like a physical asset, and physical
assets during terms of economic turmoil.
Speaker 2 (18:49):
Do well, what are.
Speaker 3 (18:50):
Your thoughts before we get there, Jess, have you thought
about gold?
Speaker 2 (18:54):
Is that something you want to purchase?
Speaker 4 (18:56):
If so, why we did a blog post a few
years on gold.
Speaker 2 (19:00):
It's something I've considered.
Speaker 4 (19:01):
I know that it's attractive for countries with a weaker dollar,
ycause I'm excited. I'm like, oh girl, you know, yeah,
like the countries where their currency maybe doesn't hold up
or it's quite unstable.
Speaker 2 (19:14):
I think pla hedging. That's exactly what I meant. Yep,
that's exactly really where I was going with that.
Speaker 4 (19:22):
But yeah, I know, like I know that that's the case.
Speaker 3 (19:23):
For me.
Speaker 4 (19:24):
It's not something I've invested in. It just seems a
bit tedious because you store it.
Speaker 2 (19:28):
I don't know. I was just kind of like, what
the hell is going on?
Speaker 4 (19:33):
It's actually really quite very little gold.
Speaker 2 (19:42):
It's no like a picture of a bar.
Speaker 3 (19:45):
So when people say they're buying gold, they're not just
like investing on the share market. You will go to
a company that issues goal really purchase gold from them,
and more often than not, you'll also pay them a
storage fee to hold onto and look after your gold.
Oh so, like some people might buy a bar of
gold bullion and you can buy them in lots of
(20:05):
different weights, so you could buy like ten grams or
one hundred grams or whatever of gold.
Speaker 2 (20:10):
You're literally buying goal resource.
Speaker 3 (20:13):
It's giving games night, it's giving I am playing Katan
and it's a resource that I've purchased.
Speaker 2 (20:19):
Wow. But you're buying this asset and you can store it.
Speaker 3 (20:22):
Some people keep them at home, some people keep them
in a safe some people keep them at a company
that stores gold. You could have a safety deposit box.
Like lots of people just buy this physical asset and
hold it. And the reason that people do it is
gold historically has held up during times of economic turmoil,
(20:42):
as I said before, but it usually holds its value
during cost of living crisises, making it relatively safe during
uncertain times. It's seen as as Jess was saying, a
lot stronger. So in countries where their dollars not as
strong or their government's not as strong, people hold gold
because it's stable and often, like gold will slowly increase
(21:06):
over time, it'll increase and that feels really safe. I
mean a lot of people might be looking at gold
at the moment because it's in the news a little
bit like when an asset increases in price, you know,
the news picks up on it and then like gold's
up and you're like, oh gold, I haven't thought about gold,
but it could play into your diversifications. So it behaves
(21:27):
very differently from shares and property, which can obviously not obviously,
but it can help reduce the overall risk of your
portfolio because it gives a little bit more stability. As
I said before, it's a tangible asset on like an
ETF or a share, like you can hold it like
beg you could go to the place that issues it
and you can.
Speaker 2 (21:45):
Hold your gold bart ver you can.
Speaker 3 (21:48):
There's no counterparty risk, so gold doesn't actually rely when
I say counterparty risk, like it doesn't rely on a company,
Like it doesn't rely on a company's performance or a
bank's solvency or you know, a CEO getting involved in
a scandal.
Speaker 2 (22:06):
Yeah, it's an asset, full stopper. End of story.
Speaker 3 (22:10):
And there's as Jess was saying before about the global
thing about you know, currency risk, there's actually global demand
for gold, so like it's recognized and valued all across
the world, and it has been for years, Like what
did pirates trade in gold coins? So it's very easy
to liquidate, i e. Sell if you need to get
(22:31):
the cash, which is.
Speaker 2 (22:32):
Good to know.
Speaker 3 (22:33):
What does that actually mean though, because a lot of
people are going to go v And this person who
wrote in Fantastic she said, I missed it. You're right,
probably should have touched on it. But it's not an
asset I love. So for me when I wrote my
books and for me when I talk to you guys
about wealth creation, I want growth and long term wealth building.
(22:56):
And if that's your focus and that's your plan, shares
and ETFs might be a better option than gold because.
Speaker 2 (23:05):
Shares have income potential.
Speaker 3 (23:06):
Shares can pay dividends, giving you regular passive income.
Speaker 2 (23:09):
Gold can't do that.
Speaker 3 (23:10):
Capital growth, So over time, the share market has historically
delivered better performance than gold. Ownership is one so like
when you buy shares, you're actually buying a very small
portion of a business, not just an asset that you
hold liquidity. So yes, you can sell your gold, but
it does take a lot longer to sell your gold,
(23:32):
and there are higher transaction costs on selling gold because
brokers get involved. Then you just hitting dispose of your
assets and then compound returns. So like reinvested dividends, create
more market growth, create a bigger, stronger portfolio. So if
we compared like gold and shares, like the purpose for me,
(23:54):
gold stores value and that's why Jess's point of like,
you know, currency is essentially going all right, well when
the market is not doing well, at least I have
gold and it's holding its value. Whereas shares, I would
say their purpose is wealth creation returns. Historically, gold doesn't
have very high returns, doesn't give you any income, low
(24:16):
returns in terms of growth. Shares high long term returns
and also you get some dividends. Risk Obviously gold is
lower risk. Shares are higher risk, but with higher risk
comes higher reward. I talked about liquidity and then growth
in portfolio, so that if we talk about your portfolio,
the reason you would hold gold is because you want
it to be a little bit more defensive, a little
(24:37):
bit more solid. You want the returns to be consistent,
and that is usually aligned with a more conservative investor
or an investor at the end of their investing life cycle.
On the flip side, shares and like our podcast, I
would say resonates with younger women, women who are working
full time. You're probably looking for growth, looking to generate
(25:01):
wealth over the long term and put yourself in a
better financial position. So gold can I would say, protect
your wealth, so it can protect your wealth over a
long period of time. I would say, on the flip side,
shares build your wealth. So are you trying to protect
your wealth or are you trying to build your wealth?
Is the question here, And a balanced portfolio actually might
include both. But you need to look at your goals
(25:24):
and then decide on which one makes the most sense
for you. So for me, it's very here there, they're
very very different assets. Gold, I would say, is incredibly conservative.
Shares your about growth.
Speaker 4 (25:38):
What I'm here is I could buy myself some gold
jewelry and consider it an investment.
Speaker 3 (25:42):
You do have to remember, though, when you buy gold,
you're often buying twenty four carrot gold. It's pure, and
when you buy like a bracelet or whatever, it might
be ten carrot or fourteen carrot and it's mixed. So yeah,
you can buy gold, just buy really good gold.
Speaker 2 (25:58):
This is crazy, Cavely, It's the thing I like a cartoon. Yes,
it really does.
Speaker 3 (26:04):
So you're saying that my braceletter that I'm wearing right
now is just going to increase in value, but only
if I melt it down, and we don't take into
consideration that the brand of it absolutely overpriced it.
Speaker 2 (26:15):
You can melt it. You can melt it and completely reusable. Wow.
Speaker 3 (26:20):
So if if you did have a twenty four carrot,
even twenty four carrot, it can be melted down and separated.
Speaker 5 (26:26):
Oh my, yeah, this is so cool.
Speaker 2 (26:30):
Maybe O blog post.
Speaker 4 (26:31):
I didn't go into all of that, and it's a
couple of years old, but it might be be a
helpful for people to child.
Speaker 3 (26:36):
Actually hasn't changed, so that blog post is still valid.
Would you like to talk about this week's DM guys?
Speaker 2 (26:42):
Yes, I know you're ready. I know you're ready because
I live for gossip. All right, Hi, she's on the
Money Crew.
Speaker 3 (26:48):
I have a money dilemma which has been weighing really
heavily on me over the last few weeks. I've recently
been offered a training position at work that I've been
hoping for ever since I started my degree. It's my
dream job and to get offered training so early in
my career is an absolute blessing. However, I've also recently
gotten married and we've been talking about trying to start
(27:09):
a family soon. I feel like I'm now stuck between
making a choice between my career and my family. I
don't know if I should be taking the training position,
which would be two years full time for the qualification
and risk getting pregnant in the middle of it, or
if I should decline and risk missing out on the opportunity.
Speaker 2 (27:26):
I've been having so.
Speaker 3 (27:27):
Much uncertainty and anxiety around something that I've wanted so badly.
Any advice would be greatly appreciated.
Speaker 2 (27:34):
I really, really.
Speaker 5 (27:35):
Really think that you should be following your career dreams
and goals because I want everyone to watch Have you
guys heard of Night Bitch?
Speaker 2 (27:47):
No, it's with any recommendation you make.
Speaker 5 (27:50):
I mean, okay, I think that our listener should watch
this before because I really do think. I just don't
want you to get into a place where you're, like,
I don't know, like you've had child. You are happy, obviously,
like you know, you love your children and they bring
you so much. But I just fear that like a
lot of people do kind of like lose themselves once
they have a child, and they're like their identity and
(28:11):
like it's so much more work, Like it's so much
more consuming than we ever realize.
Speaker 2 (28:15):
And so I feel like, first.
Speaker 5 (28:17):
Of all, having that conversation with your partner whoever you're
having a child with. And some people have a child
on their own, and some people do it with multiple people.
But I think that if you have a conversation, you
really really are sure of all the expectations, You're like
thinking about every aspect of every single day. That is
really important because you don't want to get to a
place where like you're having a child with someone and
(28:37):
then you realize that the load is really not very equal,
and you just buy default, go into this stay at
home parenting role, and then you buy default, give up
all your hopes and dreams, and then before you know it,
ten years have passed and you're like people are like, hey,
what do you do for work? And you're like, oh,
I used to be and then you're like, no, I
was that. I was a lawyer. Now I'm a mum.
(29:00):
It's great as well, but you just don't want to
lose yourself. You don't want lose your identity. Keep following
your dreams. If something happens, if you're feel pregnant, you
must have that conversation about distributing the load. So that
you don't lose yourself, your partner doesn't lose themselves. Everyone's happy.
Just don't give it up, don't give up your dreams.
Watch Night Bitch's make.
Speaker 2 (29:19):
It take away, right, I'm going to watch Night Bitch? Please? Yes?
What are your thoughts on this?
Speaker 4 (29:23):
I think you need to decide, like do you want
to have a kid in the next two years or not?
Like you've kind of said, oh, I've gotten married, we're
thinking about it. And I know that you can't always plan,
like it's not a perfect world, but like you can
definitely go is the plan to have a kid in
the next two years or not? Because I think this
is more than just taking on a job, like you're
taking on a level of education, and to me, it
(29:46):
feels a little bit wasteful almost of both your time
and the resources of the company that I'm assuming would
be paying for you to do this training, whatever that is,
if you were to get halfway through, for example, and
then drop out. With that being said, I would also
look into, well, is it something I could put on pause?
It's hard because we don't know what the training is,
(30:07):
but like, could I do if say I got halfway
through my training and felt pregnant and when on maternity.
Speaker 2 (30:11):
Lead, why can't I come back to it?
Speaker 4 (30:12):
Can I pick the training back up? But I know
that sometimes with these things, like you, there's like a
time limit on it, So I would just look into
that to know your options.
Speaker 2 (30:21):
But I think that, like, if you're.
Speaker 4 (30:22):
Going to have a child, that's probably something that you
do need to be planning for regardless, So it might
be helpful for you to solidify what those plans ideally
look like, because we also know that getting pregnant is
not linear and the best laid plans can go awry. Yeah,
Like I wouldn't say that it's really our place to
tell you yes or no. I think it's really something
you've got to look at within yourself because I, as
(30:45):
you said back, I don't want you to put your
dream job on hold, And just because you're going to
have a child doesn't mean that you're not going to
then want to come back to that dream career. And
it would be unfortunate to give up an opportunity.
Speaker 2 (30:57):
But I think you just need to weigh up what
you want.
Speaker 4 (31:00):
It's a classic thing you can have everything you want,
but not at once. Yeah, And I do think like
as much as I know that we say all the time,
like your workplace wouldn't hesitate to replace you, da da da.
I do think like there's some level of consideration ode
to them if they're going to be footing the bill
for you to do whatever this training is and putting
(31:20):
that time and that resourcing into you. If you know
for a fact that in twelve months, if you can
be pregnant, you would want to be pregnant.
Speaker 2 (31:28):
Does that make sense? Yeah, that makes sense. Can I
bring the mood down? Yeah?
Speaker 3 (31:33):
So I look at this and I just go do
the course, do it, sign up for it, you get
it done. I would have spent a lot of time
in limbo if I had put my life on hold
and my career on hold because I wanted to have
a baby. And when I said I want to bring
the mood down. I found pregnancy hard. But I found
(31:56):
it extra hard because I had two pregnancies before I
had Harvey that I lot lost.
Speaker 2 (32:00):
And one thing that made.
Speaker 3 (32:03):
Everything, I think a lot easier was having my career,
having things in the background that I was looking forward to,
being able to get out of bed and go to
work and still do the podcast and work on the
online courses, and none of that was on hold because
of Victoria's planning on having a baby at some point
and so therefore we need to pull back.
Speaker 2 (32:23):
I think at that point in.
Speaker 3 (32:24):
Time, I was so appreciative that, like we weren't like
planning to take time off because you just never know
how long that's going to take. Like you could get
pregnant first, go slay.
Speaker 2 (32:37):
Do you know what?
Speaker 3 (32:37):
I don't think you owe anything to your employer. I
would be really upset if I found that someone in
my team was prioritizing my business over their ability to
have a baby, because that is so hard. Like for
some people they start the journey bam, pregnant real quick, congrats.
For some it takes literal years. And the idea that
(32:57):
you would have then put your career on hold visits
thing that wasn't eventuating, and your.
Speaker 2 (33:02):
Whole life becomes paused. Like, don't do that to yourself.
Speaker 3 (33:07):
I would prefer you to have to go to your
employer because it's none of their business how you got pregnant.
Speaker 2 (33:12):
Was it an accident?
Speaker 3 (33:14):
Like people get pregnant by accident all the time, Like
we don't have to say, yeah, actually I took up
your training, and then my husband and I actively started
trying to conceive a baby so that I could pull
out of this training that you put me in.
Speaker 2 (33:27):
We're not going to put it that way. You go,
oh my goodness, what a blessing found out I was pregnant.
Speaker 3 (33:32):
Let's deal with that then, because I can almost guarantee
this can be put on pause. Like, if you're planning
next year trying for a baby, You've got twelve months
in this training. It then takes nine months to make
a baby. You're most of the way there. That's like,
can you continue the training without full time employment?
Speaker 2 (33:52):
Maybe it's something you could polish off on matt leave.
Speaker 3 (33:54):
I'm not saying that everyone could do that, because Matt
Lee for everybody is very different, but like, we can work.
Speaker 2 (33:59):
It out, and I'm very much.
Speaker 3 (34:02):
Look, let's just go with the flow kind of girly,
because pregnancy is not something that is, as you were saying,
linear or easy, and you can't guarantee that, yeah, I'm
going to have this super straightforward pregnancy. Do you know what,
you might get to the end of the training. Let's
pretend it takes you a bit to get pregnant. You've
agreed to the training you do, all the training, you have,
your dream job, you have your baby, everything's looking up Millhouse.
(34:27):
You then go, I never want to return to work again.
I love being a stay at home mum. Wow, what
an opportunity that you have the choice, like, I just
want you to have choice. And by putting it on
hold or on ice because you're so worried about impacting
other people, is not putting yourself first. Yeah, put yourself first,
be a little bit, and it's not selfish, but feel selfish.
Speaker 2 (34:49):
I don't mind.
Speaker 3 (34:50):
I think it is fantastic what everyone else think. Everyone
else had a lot of different opinions, So we first
asked you guys a few questions. We said, what will
you do if you were our community member. Forty one
percent of you said, take the dream role jobs, do
not wait, Five percent said hold off for your family plans,
and fifty two percent said try to do both and
(35:10):
see what happens. Two percent of you said too hard
to decide. We then asked, should women factor in potential
pregnancy when accepting a high commitment role, even if it's
just a maybe. Thirty five percent said yeah, it's being realistic.
Fifty six percent said no, it shouldn't be a factor,
and nine percent said, I've made decisions based on this before.
(35:32):
I'd love that, And I like that I've made decisions
based on this before because you can really only talk
about it when you're in it, Like parenting, like as
a parent is so much different to what you think
it's going to be. You go, okay, cool, Like how
am I going to You're thinking so much about the juggle?
You're like, how am I going to do this? Like
what will we do for daycare? What will we do
for child reading? How will I return to my career?
(35:53):
I promise you it flows a lot easier than you
think it's going to, don't get me wrong, Like there
is the juggle, but like your lifestyle changes so dramatically
that like it just becomes part of the new normal.
Like I'm not thinking about my career and all of
my girlfriends, and like the girls that I know in
Mothers Group, we're not like, oh, it's linear and you
(36:14):
have to stop your career here to start here. Like
I think we need to just be talking about this
and working out how we can continue and how we
can keep having these conversations, because it's putting you in
the best possible position. So we said, what's your two cents?
First person said, I fact it in pregnancy. If considering
changing jobs because I needed security and stability, that's a
(36:35):
different story than taking training though. Yeah, and like that
goes back to what I was saying before. I've got
girlfriends who are like, do I move because I want
another baby? But like a new maternity leave policy would
mean I have to be at a location for a
certain amount of time before I get access to the
maternity leave, Like do I want to wait that long
for a baby? Do I want to have a baby?
And state this company like it's a juggle in that case,
(36:57):
we are actually thinking about it. The next person and
said it sucks we have to choose between career and pregnancy.
Speaker 4 (37:03):
Yeah, when you were talking about it before, I was
just thinking I hadn't when I gave my response, like
I really hadn't even considered, which is very naive, like
the gendered lens and the fact that.
Speaker 2 (37:12):
My husband didn't have to do this.
Speaker 4 (37:14):
Well, Yeah, and I mean it depends as well on
whether or not our listener, we don't know if they
plan on being the primary caregiver, what that looks like. Yeah,
that would all factor in, but it just, yeah, it
didn't even come into my brain. And I was like,
how awful that that is something that weighs so heavily
on a lot of us.
Speaker 3 (37:29):
So that plays into the next response. Someone said, there's
actually no right or wrong answer as long as the
choice is yours. I agree, yes, which I couldn't agree more.
Someone else said, you can always leave a job if
it doesn't work out, but you don't want fear to
hold you back. Next person said starting a family shouldn't
compromise your career goals.
Speaker 2 (37:50):
There's always a way forward.
Speaker 3 (37:52):
I agree with that, Like, I just think, work out
your career, dive headfirst into that because do you know
what some people like me, I got really sick. Yeah,
for the first twelve weeks of three friggin' pregnancies.
Speaker 2 (38:06):
Be for real? That should be illegal.
Speaker 3 (38:08):
Yeah, Like I shouldn't have to go through the first
trimester three times. I had h I got diagnosed. I'm
not just saying I had HG, but I got diagnosed
with HG, which is a severe form of morning sickness. Right,
I didn't know I was going to get that. Like
I thought that I was going to glide through and
at maybe eight months we'd wind down.
Speaker 2 (38:27):
No, like my whole entire life went into a spin.
Speaker 3 (38:31):
Someone else said, take the role, work for twelve months,
and then start trying in the second year. Another person said,
I gave up opportunities for potential pregnancy and then had
fertility issues.
Speaker 2 (38:41):
Just take the job. Yeah, And another person said, and
this plays into Jess and is a perfect way to
wrap it.
Speaker 3 (38:48):
Men wouldn't worry about this, so why are we yeah,
which is so true. They'd be like, why are we
talking about this? Just take the job today and we'll
work it out later.
Speaker 2 (38:58):
Do it? Do it? Just do it all right?
Speaker 3 (38:59):
Well, it has been lovely my friends, have a beautiful weekend.
And on the flip side, I will see you on Monday,
bright and early for a money doughy.
Speaker 2 (39:06):
Gorgeous bie guys.
Speaker 5 (39:07):
Bye.
Speaker 3 (39:14):
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
(39:34):
your needs. Victoria divine and She's on the money. Are
authorized representatives of money sheirper pty Ltd ABN three two
one is six four nine two seven seven zero eight
AFSL four five one two eight nine
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.