June 30, 2026 • 27 mins
Spoiler: Our goal-setting habits are broken. But, it’s not your fault. It’s the psychology we’re raised with.
It’s Deep Dive time! And this financial new year, Victoria and Jess are here to help you get out of your own way, so you can start ticking off those EOFY resolutions nice and early. How? By revisiting the psychology behind setting and sustaining financial goals for the year.
During this episode, the girls share insights about how current approaches to budgeting, investing and general goal-setting might actually be limiting our capabilities, plus ways we might overcome this with practical advice from authors Adam Grant and Angela Duckworth.
This is less about one quick fix for your best year yet, and more about setting goals you’ll actually stick to. Controversial opinion: They don’t fall apart because the journey is hard, they crumble because the journey is boring.
P.S. Please share your goals with us, so we can a) hold you accountable, and b) celebrate you!
BONUS READING: Love the theories introduced in this ep? Check out Think Again: The Power of Knowing What You Don't Know, and Hidden Potential: The Science of Achieving Greater Things Adam Grant.
THAT TED TALK: Watch this iconic TED talk by author Angela Duckworth titled, Grit: The Power of Passion and Perseverance.
MINDSET RESET: Stream our playlist on How To Change Your Money Mindset over here.
STUDY WITH US: Looking for a course to keep you accountable? Check out Your Best Year Yet (victoriadevine.com.au/your-best-year-yet)
New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you.
Acknowledgement of Country By Nartarsha Bamblett (nartarshabamblett.com.au)
The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289
See omnystudio.com/listener for privacy information.
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Speaker 1 (00:00):
She's on the Money.
Speaker 2 (00:02):
She's on the Money.
Speaker 3 (00:10):
My name's Tatasha Bamblet. I'm a proud First Nations woman
and I'm here to acknowledge country. Hello, beautiful friends, we
gather on the lands of the Aboriginal people. We thank,
acknowledge and respect the Aboriginal people's land that we're gathering
on today. Take pleasure in all the land and respect
all that you see. She's on the Money podcast acknowledges culture, country,
community and connections, bringing you the tools, knowledge and resources
(00:32):
for you to thrive.
Speaker 1 (00:32):
Hello, and welcome to She's on the Money, the podcast
that helps you feel confident with your cash, especially when
you're trying to get your life together at the start
of the new financial Here and today we are talking
all about goal setting, not the right your list and
hope for the best kind, but the kind that actually sticks.
Because I don't know about vat, but there is definitely
(00:54):
something about July one that just feels like a reset
to me.
Speaker 2 (00:57):
For me, it feels like your reset, but like for me,
it also feels like new financial Year. Like I celebrate
this in exactly the same way you would celebrate genuine
New Years.
Speaker 1 (01:07):
The party.
Speaker 2 (01:08):
Well, yeah, and in finance land, everything's due on June thirty,
so it's just like a weightlifts and I can start
thinking a little bit more about work life balance, you
could say, for sure. And I mean it's a little
bit of acquire to new Year that I don't think
enough of us are talking about, and what an opportunity
to kind of reset. Anyway, I probably should preface this
(01:33):
episode and say I've done a lot of reading over
the last few months so that you don't have to.
I've been on Matt leave and it has been incredible.
And we all know I love a self development book,
like very very deeply, and over the last few months,
I feel like I've picked up a few of them
that are circling around the same ideas, and that is
(01:55):
that we've been thinking about goals slightly wrong, and that
is why so many people feel like they're constantly trying
to start over when it comes to money. And I
feel like that's going to make a really juicy episode.
Speaker 1 (02:08):
It feels very real, you know, the idea of I'm
feeling motivated. It's new financial year or new year or
whatever it is. I've set all these goals, I've made
all my lists and then you know, a few weeks
in everything has started to slowly fall apart. Yeah, exactly.
Speaker 2 (02:20):
And I mean we've talked about this a million times.
Everyone joins the gym in January and then by February
they're not going, but the gym's still making money. Yeah,
And how many times can we go over the same stuff?
And then you think maybe it's a you problem and
it's motivation that you're lacking, and that maybe you're not
disciplined enough. Well, maybe you're just really bad with money.
And it's not that it's never been that it never was.
(02:42):
That it's actually a psychology problem, not a personality flaw.
And I recently read a book called Think Again my
very smart guy called Adam Grant, and one of the
ideas that really stuck with me is that we treat
our goals often like they're permanent dis decisions. Yes, and
once we set them, we're like locked and loaded and
(03:05):
we can't change. But he talks in this book about
treating goals like hypotheses. So instead of saying, oh, this
is what I'm doing and I have to stick to it,
it kind of becomes this is what I'm testing based
on what I know right now. And that could change
into the future, but like, I'm doing the best I
can with the tools and resources that I have in.
Speaker 1 (03:25):
This moment, that feels a lot less intense. I like that.
Speaker 2 (03:27):
I feel like it's really she's on the money aligned
as well, because I'm often like, don't crucify past you,
because you know she was doing the best she could
with the tools and resource so she has So I'm
like reading along being like, yes, King get it, Yes,
I agree with this, And I think it completely changes
how you respond when then things don't go to plan,
because instead of you thinking, ohmg, I've just failed. I
(03:50):
can't do anything, like I never set money goals that
I achieved. This means I'm bad at money, you actually think, oh,
this approach didn't work. What could I do? What could
I t? And then I went back, you're not going
to be surprised by this, mister Scricci. What's my favorite booky? No, no,
I do love Ikey Guy.
Speaker 1 (04:09):
Oh no, no, no. The Man in Babylon.
Speaker 2 (04:12):
Nope, I also love that book. Yeah, I do love
that books. I do.
Speaker 1 (04:16):
I do.
Speaker 2 (04:17):
I actually thought that you would immediately know because I
was like, I only have one book I like. But
you've just tumbled me. And yes, I talk about books
a lot.
Speaker 1 (04:24):
Grit, oh greed, Well, sorry, we were to about Grit
just reasonably.
Speaker 2 (04:29):
So this is a book that I've read and I
reread because I just think it's really powerful. And for
those of you who aren't readers, that's cool. I've done
this whole podcast episode for you. But also, this person
did an epic TED talk, which I'll make sure I
link in the show notes. Anyway, this book is called
Grit and it's by Angela Duckworth, and she talks about
the power of passion and perseverance, which obviously I adore,
(04:53):
but it really builds on this idea from Adam Grant
because her whole argument is that six says is not
about talent. It's not about luck or how pretty you are,
or even how smart you are. It's actually about grit,
which is basically passion and being persistent over a really
long period of time. And like we say this all
(05:16):
the time, like you see other people be so successful,
You're like, but how I'm really smart too, Well, baby cakes,
it's got nothing to do with you being smart. That
person is just tenacious, Yeah, and if something didn't work
for them, instead of ruminating on it and going, oh,
I'm really bad at this, so I'm bad at money.
I can't do it. They're like, can't be that hard.
I'm gonna try again. And sometimes you've got to be
(05:38):
a little bit du lulu.
Speaker 1 (05:40):
Yeah, the most successful people aren't the smartest or the cleverest,
or the funniest or the like. Isn't necessarily they're the
best at something. It's just that it's more that they've
been sticking at something for.
Speaker 2 (05:51):
A long time time.
Speaker 3 (05:52):
Yep.
Speaker 2 (05:52):
But you really annoying, Jess, Like, just be consistently annoying
to your goal, and I think you're more likely to
achieve it. I think that's where this money conversation overlay
becomes really interesting, because building wealth is actually nothing about talent.
Like we know that research says that people who are
active traders in the market do worse than people who
(06:16):
just picked an ETF and forgot about it. Like the
returns on an ETF in general are higher than you
actively trading every single day and doing heaps of research
and you know, diving in and trying to be the
smartest guy in the room because you just can't time
the market. And that's not because you're not smart. It's
just because that strategy doesn't work. And it's not about
(06:37):
being the smartest person in the room. It's about doing
I would say, relatively simple things consistently over a long
period of time. But there is a catch. It's boring,
no instant reward and a little dope for me, no
hit and for someone like me who's a little bit
adhd and you're a spicy I love instant back. And
(07:00):
you know what, our brains hate it, yea, like our
brains hate that things are boring.
Speaker 1 (07:04):
Yeah, O care boring things that do good stuff.
Speaker 2 (07:06):
For us exactly. So spending money feels good immediately, like
I love spending money. Don't get me wrong. Saving money
doesn't feel good. It does when it starts to compound,
but that takes a long period of time. So if
your entire plan relies on you consistently choosing the things
that feel worse in that moment, I feel like you're
(07:26):
going to struggle. Like that doesn't I'm not selling it
to you in this moment.
Speaker 1 (07:30):
No, it's not sounding great.
Speaker 2 (07:31):
Yes, I'm going to take away the dopamine. This is
going to feel terrible. Would you like to continue?
Speaker 1 (07:36):
Not particularly?
Speaker 2 (07:37):
No, well, I'm going to anyway. And that's why systems
and processes matter so much, because they remove the need
for you to constantly make a decision that is boring,
that doesn't feel good, that doesn't set you up for success.
And I have another book to come into the conversation. Oh, yes,
(07:58):
you probably have read this one actually, and that's where
the book Atomic Habits, Yeah comes in. Yeah, I have
read of that one, so I feel like that's a
cooler one than the richest man in Babylon. But I
promise I will always give you the tips and tricks
so you don't have to do it. But that's where
Atomic Habits come in, because the whole idea is that
your life is a reflection of your habits, not of
(08:19):
your intentions. We can have the best of intentions but
not be doing what we said we want to do,
and like you can intend on saving all the money
in the entire world, Jess, but if your habits don't
support it, it's never going to happen.
Speaker 1 (08:33):
Yes, I do feel past me feels personally attacked by
that one.
Speaker 2 (08:36):
I'm sorry. But also, your habits have saved more than
one hundred thousand dollars and your habits have bought you
a house, so like she's a changed woman.
Speaker 1 (08:45):
The proof is in the pudding. Really to do in
fact work?
Speaker 2 (08:47):
Was it a little bit boring?
Speaker 1 (08:49):
Probably very much.
Speaker 2 (08:51):
But instead of relying on willpower, what we need to
be doing is building systems. We need to be building processes.
And this is about things like if every time you
get paid you say to yourself, oh, just save whatever's
left over, you're literally relying on discipline. But if every
single time you get paid you set up an automation
(09:11):
and it automatically moves money into savings before you even
see it, now that's the system that's doing the work
for you. It's taking it away from you, so there's
one less decision to make. Or if you're trying to
spend less, but your card is saved in every single app,
connected to every single platform and you're a little bit
tap happy. You're making it so easy for yourself to
(09:32):
just overspend, like add more friction.
Speaker 1 (09:36):
Yeah, it's the Apple pay of it all. It makes
so much sense.
Speaker 2 (09:39):
It's so easy, So it's not about trying harder. It's
actually just about setting things up better for yourself. Yeah,
and my friend, this is why I always say if
you're starting a new financial year and you want things
to feel really different, let's not start with a goal.
Let's start with an audit. I know that that's not
the sexiest thing you've ever heard. And every single person,
(10:02):
and when I say every single person, I mean literally
thousands of women who have done my money masterclass are
going to agree with me here that doing an audit
is going to put you in the best possible position.
We're going to look at the last three months of
your money, not emotionally but honestly, like you might need
a glass of wine, I totally get it, or like,
(10:22):
if you're a better person than me, maybe you need
a cup of tea. But sitting down and looking at Okay,
what discretionary expenses do I have? What nondiscretionary expenses do
I have? Where did it go? What was working? What didn't?
What patterns are showing up? WHOA, I didn't realize I
bought a slushy every single day at seven eleven, Like
(10:42):
you know what I mean? Looking at these things and
going wow, Am I okay with this? Because that's where
the power comes in, and it can feel a lot.
Speaker 1 (10:52):
Yeah, it does feel a little bit confronting.
Speaker 2 (10:53):
Doesn't it, Because it is you're kind of, like again,
personally attacking yourself, and I don't want you to see
it that way. And that's why I call it an audit,
not like a budget check, but like we're just auditing
it and we're going to put everything on the table
and see where we're at. But it's also where clarity
comes from, because awareness is always the first step to
behavioral change. So instead of saying new year, n me,
(11:15):
how about new year? Honest to me? No, it's not.
I just said it with the right intonation. But from there,
you don't need to set ten goals. You just need
maybe one or two that actually move the needle in
your life. And Jess, I feel like I've been yapping
and I can continue to yap, and I will continue
and yap because we're going to go to a really
(11:36):
quick break. But when we come back, we're going to
get really practical. Because if you're listening to this thinking
I actually want this to be my best financial year yet, guys,
I'm going to walk you through exactly how to approach
it in a way that will work in your real life.
Our one thousandth episode is coming up soon, and to celebrate,
(11:57):
We're giving one clever listener a chance to win She's
stashed the cash. Today's mystery word is seven. Tune into
episodes of She's on the Money between the seventeenth of
June and the third of July and listen out for
the hidden code words. They're are five in total. The
first person to arrange the code words in the correct
order will win one thousand dollars. Entries open on Friday,
(12:20):
the third of July, with details shared live on the pod.
Good luck and happy hunting. Okay, Ms jessic Ricci, we
are back and let's get into it. If, my friends,
you want this to be your best financial year yet,
this I've done like a little template. This is how
I would approach it. And I mean, you do you
if you wouldn't approach it this way? Don't like, you
(12:44):
don't have to do what I say. But this is
how I would approach it. Ye from knowing what I
know now, I suppose so first I would be picking
a direction, not a perfect goal, because like, how many
times will we set perfect goals and then disenchanted because
we haven't achieved them?
Speaker 1 (13:02):
Yeah, scrap that.
Speaker 2 (13:03):
We're going to pick a direction, ask yourself, what would
actually make my life feel easier with money over the
next twelve months, because that's going to ground you in reality,
not some ideal perfect version of you. Like, what's going
to make you feel like life is a bit easier
when it comes to cash. Yeah, because if you said
(13:25):
to me, I'm going to save so much every month, well,
we haven't done that before and it hasn't worked so far,
So maybe let's just pick a direction.
Speaker 1 (13:35):
I like that. It feels much more achievable.
Speaker 2 (13:37):
I would agree. And then because that's maybe not specific enough,
we are going to make it specific enough that your
brain knows what to do, not just like save more,
or you're going to save one hundred dollars a week, yess,
or I need to build a five thousand dollar emergency fund,
because what that's going to do is remove friction, because
clarity removes friction. And then third, we're going to build
(14:01):
the system immediately. We're not going to talk about it
for a long period of time. We're just going to
set it up and if it's not working for you,
we're going to change it. But we're going to implement
the system asap, and we're going to automate it we're
going to set it up. We're going to remove the
need for you to make decisions every single damn time,
because that relies on motivation, and motivation isn't coming tomorrow.
(14:22):
Motivation is actually a choice in the moment that you
have to make consistently, because it's not just going to
one day show up, like You're not going to wake
up tomorrow and be like, I finally get these jets,
I finally feel like compromising my lifestyle enough to save
five grand.
Speaker 1 (14:38):
And even if you have motivation, now it goes away.
It's that new year n me feeling and then I'm
feeling good now I'm setting my goals. Now mean four
weeks not feeling so good I feeling.
Speaker 2 (14:49):
Could invent a drug that makes that feeling last for
the entire period that I'm trying to set the goal
or like achieve the goal. That would be fantastic, yes,
but there's something exist.
Speaker 1 (15:01):
In the interim. Automating feels much more doable.
Speaker 2 (15:03):
It totally is. And let's then make this really real,
because I think that that's where it kind of clicks
with you. If you're someone whose goal every single year
is like I want to save money, Like this year
I'm going to save money, and it just like never
quite happens. What's missing, it's not motivation, Like, it's not
its structure. So your version of this kind of becomes
(15:27):
every Thursday, when I get paid one hundred and fifty dollars,
it's going to automatically move into savings and I'm not
going to touch it. Your job isn't to be disciplined
in every single week go into your bank account and
transfer that money when you get paid, because that's adding
a heap of admin and like I can promise you,
you're going to fall off that horse real quick, because
(15:48):
come Thursday and you're like, oh, I'll do it, want
to get home, because I'm just gonna pop out and
do X, Y or Z when you get home, you're
not going to do it. And then the week after
you're gonna be like, oh, actually, I don't want to
transfer it right now because I'd like a bit more
money in my account for the weekend. Like you are
going to come up with every reason under the sun
to not do it. Manually automate it, because then we're
not interrupting the system, and if the system is just
(16:10):
working as it should, your goal is going to be achieved.
Speaker 1 (16:14):
That feels like a big shift.
Speaker 2 (16:16):
And if you're someone who kind of starts off strong
and then falls off after a couple of weeks, it's
usually because you've built something that only works when you
feel motivated. That's why we need.
Speaker 1 (16:27):
To build it.
Speaker 2 (16:28):
Well, it's why we have to build a system that
you can actually stick to. So instead of going all in, like,
let's scale it back to something that works even on
the worst of worst days. Like if you have said
I want to transfer one hundred and fifty dollars a week,
but you just know that's not going to work, why
are we setting that up for ourselves. Yeah, let's be
really realistic. Maybe it's just checking your account once a
(16:51):
week and moving a smaller amount of money because the
intensity it can change, like lower the intensity, but increase
your consistency.
Speaker 1 (17:01):
I feel like a lot of people don't want to
do that because it feels like it's too small.
Speaker 2 (17:05):
Talk to all the women in our community who said
I started by transferring five dollars a week. Amen, Like
the girls in there in the group chat, they know
and they are the ones shouting from the rooftops in
our Facebook group. Being like Victoria, I thought it was useless,
and I was like, I know, but it was actually
about setting up the system because that five dollars you
(17:27):
were like, oh, actually i've got a pay rise. I
can increase that to ten dollars. And then that ten
dollars became fifty dollars in all of a sudden, it's
much bigger. But it didn't feel more painful. Yeah, because
you're in the habit exactly, And how on earth are
you going to find one hundred and fifty dollars a
week when it's probably absorbed in other parts of your
budget without feeling like it's restrictive. So let's start small
(17:49):
and then start pushing it up. You're not going to
feel it. Yeah, it's like the frog in the pot
of boiling water, Like you just don't realize it's getting
hot until you're in a pot boiling water.
Speaker 1 (18:01):
But in a positive way this time. Yeah, but jump
out of the pot of the boiling water because the
pot of boiling water is money.
Speaker 2 (18:07):
Oh yeah, you're in a pile now money. You're in
baskets and buskets of money. But I feel like sometimes
when we say, oh it feels too small, don't bother,
Like that's a trap, because small and consistent every single
day of the week is going to beat big and
inconsistent rabbit in the hair. There are so many childhood
(18:29):
fables we could use because it's not something that's unknown.
Everybody knows that small and consistent wins the race. And
if you're someone who sets too many goals, which can
be tempting, like Jess is looking at me because like
I love to be like and I think I want
to achieve. This just is like do what you said
you would do, not what you actually did, Victoria. But
(18:50):
the reality is every single goal is going to take energy.
So instead of trying to fix everything, maybe let's just
pick one financial focus for the next three months, and
that's where you're going to actually start to see some
progress and actually start to chip away it's something that
maybe you've never chipped away out before.
Speaker 1 (19:08):
Just one. I feel like that's doable. That feels like
a relief almost to think about just I just have
to think about one thing.
Speaker 2 (19:13):
It should or I'm hoping it does. Because trying to
change absolutely everything at once is one of the fastest
ways to change absolutely nothing. And this is where I
want to bring in another Adam Grant book, it's called
hidden potential, and I've just this is the most recent
one that I've read because one of the key ideas
in his book is that progress it's not about getting
(19:37):
it right the first time. It's actually about how you
respond when things don't go to plan. I reckon, we
should get Angela and Adam in a room together, because
they would be like, oh, yeah, I thought of this first. Nope,
I thought of this first. Like they're saying very very
similar things. So instead of seeing your setbacks as failures,
which how many of us do, like I punish myself
(19:58):
for it inherently if I don't succeed the first time,
I'm like, oh my god, I'm so bad at this.
I Am literally a drama queen. And you have to
call yourself out on that. Yeah, But instead of seeing
it as a failure, let's start treating it as feedback.
And every manager who's ever existed is going to tell you, Jess,
(20:20):
feedback is a gift. Does it feel nice?
Speaker 1 (20:23):
Absolutely not at the moment, no.
Speaker 2 (20:25):
But like, feedback can be constructive and you ask yourself, well,
what got in the way, what didn't work, and then
you can adjust, And that's just how people are actually
going to improve, Like it's not nice. And I think
that you probably started this because you thought, oh, Victoria's
started another podcast on goal settings. This is going to
(20:45):
feel good, Like, no, it's going to tell you to
get together.
Speaker 1 (20:50):
There's a phrase that I love, which I don't know
if it's their phrase, but Alice KT we have worked
with that team before. They have, you know, their principles
that they want said better the walls. Yeah, one sent
better is like I think the most well known one.
But one of the rules that they have I remember
we saw at their office was move fast and break shit.
And the principle was like, when you're doing stuff all
(21:11):
the time, things are gonna go wrong.
Speaker 2 (21:13):
Oh you break so much stuff.
Speaker 1 (21:14):
Yeah. That not because I'm clumsy, but I like that
principle because it's like, well, if the goal is to
be doing things, like I'm saying, I'm someone who when
I don't do well at something, I find it really frustrating.
That's just like a personally trade of mind. But like,
if the goal is to try so many things that
some things don't work, you can't fail.
Speaker 2 (21:35):
Which I feel like that's arguably a little bit healthier. Yeah,
and it's I guess also what keeps you going, because
if every single mistake feels like proof that you suck
and you can't do it, you're gonna stop. Like, I'm
not going to keep doing that because that is terrible,
make me feel bad. That's not motivation. But if every
single mistake we change our mindset and we view it
(21:58):
as just part of the proce, like I was never
going to be good at something, first go, which is logical,
Like I would tell you that, right, I would be like, yes,
you can't be good at everything, like first cab off
the rank, of course not. But then when I do it,
I'm like, why am I not good? First cab off
the rank?
Speaker 1 (22:14):
Stupid?
Speaker 2 (22:14):
Start talking to yourself like you would your friend instead
of me, because my self talk she needs talking to.
It's where grit really kind of comes in, because it's
not about being perfect for a really short period of time.
It's about staying consistent when things feel boring or slow
or just relatively inconvenient. And that's where most financial goals
(22:36):
do fall apart, not because they're hard, because arguably the
journey is not that exciting. That's so true, and what
our friend Angela Duckworth talks about is that people who
succeed aren't the most talented, they're the ones who stay
in the game for the longest. And I think about
that all the time when it comes to money, because
the person who invests consistently for years will almost always
(23:01):
outperform the person who is trying to be perfect but
gives it up early or just like throws lots and
lots of money at it for a short period of time,
because it's not about being perfect, it's just about not quitting.
Speaker 1 (23:13):
And not quitting feels like an achievable goal.
Speaker 2 (23:15):
One hundred percent. And I think it's a good trim. Yeah,
And I think it's a little bit of a mindset shift.
And if we bring this back to something really practical,
if you're sitting there going what the hell do I
actually do after this episode, this is what I want
you to do. I want you to pick one financial goal,
and then I want you to make it really specific,
like set one system up that supports it. So we're
(23:37):
not just going to set one goal. The system is
the key here. What system are you setting up that
is actually going to support that goal? And then in
your calendar you're going to put a check in with
yourself in a month, you're going to go and put
that in your calendar and be like check in on
that goal. And then that's it. That is it, that's it.
Speaker 1 (23:54):
That feels very manageable. I want can I add one thing,
of course, to everybody, We would like you to go
to the comments on Spotify and tell us what your
goal is.
Speaker 2 (24:02):
Oh yeah, we'll keep you accountable.
Speaker 1 (24:04):
Yeah, maybe like six months time we can come back
and be like, Okay, Amanda, did we do what we
said we were going to do?
Speaker 2 (24:08):
And Amanda's going to be like why your personally attacking mean?
Is just a gut of your cheek, you know? With love,
just love exactly like we are your big sisters. Sometimes
we really annoying, but I promise we still love you
and what wants best for you. We just have to
sometimes point things out that you don't particularly like.
Speaker 1 (24:25):
Yeah, and make it feel manageable.
Speaker 2 (24:27):
Yeah, but like, why's my little sister do that to
me so often? Rude? That's big sister energy. You are
the little sister. But I guess that's the whole point.
It makes it a lot more manageable. You actually don't
need a perfect plan, you don't need to overhaul your
entire life. You don't need to find noodles of motivation
and watch six million tiktoks on how to find motivation.
You just need to start something and then stick to it.
(24:50):
Get this just longer than you normally would. Okay, just
stick to it longer than you normally would. That would
be the goal. We're not going to set this ridiculous
goal of jest. You have to stick to it for
the next twelve months, just like longer than you normally would.
And then if we zoom out, your best financial year
isn't going to come from one big decision. It's actually
going to come from really small decisions that are done
(25:13):
consistently over time, and then a year from now you
will look back and be like, damn, girl, I did that.
Speaker 1 (25:20):
Yeah, which is less exciting in the moment, but arguably
more realistic and less pressure, which we love exactly.
Speaker 2 (25:26):
And if there's one thing that I want you to
take from this, it's that you actually do not ever
need to be perfect with money. No one, I mean,
Jess might be, I'm not.
Speaker 1 (25:35):
Definitely not.
Speaker 2 (25:36):
But you just need to stay in the game because
that's where everything changes. And if you want to go
deeper on this, I'll make sure that I link the
books that I talked about and Angela Duckworth's Ted talk
in the show notes, because I think it's genuinely one
of the best explanations about why persistence matters more than talent.
But for now, I want you to consider this your
(25:57):
midyear reset. It's not pressure, it's not perfect. It's just
a chance to start again. But we're just being a
little bit smarter about it this time.
Speaker 1 (26:06):
And that feels like such a good place to land,
doesn't it.
Speaker 2 (26:08):
I think that we're done. I think we can wrap
this episode. So, my friends, if this episode has helped you,
I would love it if you sent it to a
friend who's also trying to get their stuff together this
financial year. And we'll be back again on Friday by Friends.
Speaker 4 (26:26):
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
(26:46):
your needs. Victoria divine and she's on the money. Are
authorized representatives of money sheper pty Ltd ABN three two
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She's on the Money.
Speaker 2 (00:02):
She's on the Money.
Speaker 3 (00:10):
My name's Tatasha Bamblet. I'm a proud First Nations woman
and I'm here to acknowledge country. Hello, beautiful friends, we
gather on the lands of the Aboriginal people. We thank,
acknowledge and respect the Aboriginal people's land that we're gathering
on today. Take pleasure in all the land and respect
all that you see. She's on the Money podcast acknowledges culture, country,
community and connections, bringing you the tools, knowledge and resources
(00:32):
for you to thrive.
Speaker 1 (00:32):
Hello, and welcome to She's on the Money, the podcast
that helps you feel confident with your cash, especially when
you're trying to get your life together at the start
of the new financial Here and today we are talking
all about goal setting, not the right your list and
hope for the best kind, but the kind that actually sticks.
Because I don't know about vat, but there is definitely
(00:54):
something about July one that just feels like a reset
to me.
Speaker 2 (00:57):
For me, it feels like your reset, but like for me,
it also feels like new financial Year. Like I celebrate
this in exactly the same way you would celebrate genuine
New Years.
Speaker 1 (01:07):
The party.
Speaker 2 (01:08):
Well, yeah, and in finance land, everything's due on June thirty,
so it's just like a weightlifts and I can start
thinking a little bit more about work life balance, you
could say, for sure. And I mean it's a little
bit of acquire to new Year that I don't think
enough of us are talking about, and what an opportunity
to kind of reset. Anyway, I probably should preface this
(01:33):
episode and say I've done a lot of reading over
the last few months so that you don't have to.
I've been on Matt leave and it has been incredible.
And we all know I love a self development book,
like very very deeply, and over the last few months,
I feel like I've picked up a few of them
that are circling around the same ideas, and that is
(01:55):
that we've been thinking about goals slightly wrong, and that
is why so many people feel like they're constantly trying
to start over when it comes to money. And I
feel like that's going to make a really juicy episode.
Speaker 1 (02:08):
It feels very real, you know, the idea of I'm
feeling motivated. It's new financial year or new year or
whatever it is. I've set all these goals, I've made
all my lists and then you know, a few weeks
in everything has started to slowly fall apart. Yeah, exactly.
Speaker 2 (02:20):
And I mean we've talked about this a million times.
Everyone joins the gym in January and then by February
they're not going, but the gym's still making money. Yeah,
And how many times can we go over the same stuff?
And then you think maybe it's a you problem and
it's motivation that you're lacking, and that maybe you're not
disciplined enough. Well, maybe you're just really bad with money.
And it's not that it's never been that it never was.
(02:42):
That it's actually a psychology problem, not a personality flaw.
And I recently read a book called Think Again my
very smart guy called Adam Grant, and one of the
ideas that really stuck with me is that we treat
our goals often like they're permanent dis decisions. Yes, and
once we set them, we're like locked and loaded and
(03:05):
we can't change. But he talks in this book about
treating goals like hypotheses. So instead of saying, oh, this
is what I'm doing and I have to stick to it,
it kind of becomes this is what I'm testing based
on what I know right now. And that could change
into the future, but like, I'm doing the best I
can with the tools and resources that I have in.
Speaker 1 (03:25):
This moment, that feels a lot less intense. I like that.
Speaker 2 (03:27):
I feel like it's really she's on the money aligned
as well, because I'm often like, don't crucify past you,
because you know she was doing the best she could
with the tools and resource so she has So I'm
like reading along being like, yes, King get it, Yes,
I agree with this, And I think it completely changes
how you respond when then things don't go to plan,
because instead of you thinking, ohmg, I've just failed. I
(03:50):
can't do anything, like I never set money goals that
I achieved. This means I'm bad at money, you actually think, oh,
this approach didn't work. What could I do? What could
I t? And then I went back, you're not going
to be surprised by this, mister Scricci. What's my favorite booky? No, no,
I do love Ikey Guy.
Speaker 1 (04:09):
Oh no, no, no. The Man in Babylon.
Speaker 2 (04:12):
Nope, I also love that book. Yeah, I do love
that books. I do.
Speaker 1 (04:16):
I do.
Speaker 2 (04:17):
I actually thought that you would immediately know because I
was like, I only have one book I like. But
you've just tumbled me. And yes, I talk about books
a lot.
Speaker 1 (04:24):
Grit, oh greed, Well, sorry, we were to about Grit
just reasonably.
Speaker 2 (04:29):
So this is a book that I've read and I
reread because I just think it's really powerful. And for
those of you who aren't readers, that's cool. I've done
this whole podcast episode for you. But also, this person
did an epic TED talk, which I'll make sure I
link in the show notes. Anyway, this book is called
Grit and it's by Angela Duckworth, and she talks about
the power of passion and perseverance, which obviously I adore,
(04:53):
but it really builds on this idea from Adam Grant
because her whole argument is that six says is not
about talent. It's not about luck or how pretty you are,
or even how smart you are. It's actually about grit,
which is basically passion and being persistent over a really
long period of time. And like we say this all
(05:16):
the time, like you see other people be so successful,
You're like, but how I'm really smart too, Well, baby cakes,
it's got nothing to do with you being smart. That
person is just tenacious, Yeah, and if something didn't work
for them, instead of ruminating on it and going, oh,
I'm really bad at this, so I'm bad at money.
I can't do it. They're like, can't be that hard.
I'm gonna try again. And sometimes you've got to be
(05:38):
a little bit du lulu.
Speaker 1 (05:40):
Yeah, the most successful people aren't the smartest or the cleverest,
or the funniest or the like. Isn't necessarily they're the
best at something. It's just that it's more that they've
been sticking at something for.
Speaker 2 (05:51):
A long time time.
Speaker 3 (05:52):
Yep.
Speaker 2 (05:52):
But you really annoying, Jess, Like, just be consistently annoying
to your goal, and I think you're more likely to
achieve it. I think that's where this money conversation overlay
becomes really interesting, because building wealth is actually nothing about talent.
Like we know that research says that people who are
active traders in the market do worse than people who
(06:16):
just picked an ETF and forgot about it. Like the
returns on an ETF in general are higher than you
actively trading every single day and doing heaps of research
and you know, diving in and trying to be the
smartest guy in the room because you just can't time
the market. And that's not because you're not smart. It's
just because that strategy doesn't work. And it's not about
(06:37):
being the smartest person in the room. It's about doing
I would say, relatively simple things consistently over a long
period of time. But there is a catch. It's boring,
no instant reward and a little dope for me, no
hit and for someone like me who's a little bit
adhd and you're a spicy I love instant back. And
(07:00):
you know what, our brains hate it, yea, like our
brains hate that things are boring.
Speaker 1 (07:04):
Yeah, O care boring things that do good stuff.
Speaker 2 (07:06):
For us exactly. So spending money feels good immediately, like
I love spending money. Don't get me wrong. Saving money
doesn't feel good. It does when it starts to compound,
but that takes a long period of time. So if
your entire plan relies on you consistently choosing the things
that feel worse in that moment, I feel like you're
(07:26):
going to struggle. Like that doesn't I'm not selling it
to you in this moment.
Speaker 1 (07:30):
No, it's not sounding great.
Speaker 2 (07:31):
Yes, I'm going to take away the dopamine. This is
going to feel terrible. Would you like to continue?
Speaker 1 (07:36):
Not particularly?
Speaker 2 (07:37):
No, well, I'm going to anyway. And that's why systems
and processes matter so much, because they remove the need
for you to constantly make a decision that is boring,
that doesn't feel good, that doesn't set you up for success.
And I have another book to come into the conversation. Oh, yes,
(07:58):
you probably have read this one actually, and that's where
the book Atomic Habits, Yeah comes in. Yeah, I have
read of that one, so I feel like that's a
cooler one than the richest man in Babylon. But I
promise I will always give you the tips and tricks
so you don't have to do it. But that's where
Atomic Habits come in, because the whole idea is that
your life is a reflection of your habits, not of
(08:19):
your intentions. We can have the best of intentions but
not be doing what we said we want to do,
and like you can intend on saving all the money
in the entire world, Jess, but if your habits don't
support it, it's never going to happen.
Speaker 1 (08:33):
Yes, I do feel past me feels personally attacked by
that one.
Speaker 2 (08:36):
I'm sorry. But also, your habits have saved more than
one hundred thousand dollars and your habits have bought you
a house, so like she's a changed woman.
Speaker 1 (08:45):
The proof is in the pudding. Really to do in
fact work?
Speaker 2 (08:47):
Was it a little bit boring?
Speaker 1 (08:49):
Probably very much.
Speaker 2 (08:51):
But instead of relying on willpower, what we need to
be doing is building systems. We need to be building processes.
And this is about things like if every time you
get paid you say to yourself, oh, just save whatever's
left over, you're literally relying on discipline. But if every
single time you get paid you set up an automation
(09:11):
and it automatically moves money into savings before you even
see it, now that's the system that's doing the work
for you. It's taking it away from you, so there's
one less decision to make. Or if you're trying to
spend less, but your card is saved in every single app,
connected to every single platform and you're a little bit
tap happy. You're making it so easy for yourself to
(09:32):
just overspend, like add more friction.
Speaker 1 (09:36):
Yeah, it's the Apple pay of it all. It makes
so much sense.
Speaker 2 (09:39):
It's so easy, So it's not about trying harder. It's
actually just about setting things up better for yourself. Yeah,
and my friend, this is why I always say if
you're starting a new financial year and you want things
to feel really different, let's not start with a goal.
Let's start with an audit. I know that that's not
the sexiest thing you've ever heard. And every single person,
(10:02):
and when I say every single person, I mean literally
thousands of women who have done my money masterclass are
going to agree with me here that doing an audit
is going to put you in the best possible position.
We're going to look at the last three months of
your money, not emotionally but honestly, like you might need
a glass of wine, I totally get it, or like,
(10:22):
if you're a better person than me, maybe you need
a cup of tea. But sitting down and looking at Okay,
what discretionary expenses do I have? What nondiscretionary expenses do
I have? Where did it go? What was working? What didn't?
What patterns are showing up? WHOA, I didn't realize I
bought a slushy every single day at seven eleven, Like
(10:42):
you know what I mean? Looking at these things and
going wow, Am I okay with this? Because that's where
the power comes in, and it can feel a lot.
Speaker 1 (10:52):
Yeah, it does feel a little bit confronting.
Speaker 2 (10:53):
Doesn't it, Because it is you're kind of, like again,
personally attacking yourself, and I don't want you to see
it that way. And that's why I call it an audit,
not like a budget check, but like we're just auditing
it and we're going to put everything on the table
and see where we're at. But it's also where clarity
comes from, because awareness is always the first step to
behavioral change. So instead of saying new year, n me,
(11:15):
how about new year? Honest to me? No, it's not.
I just said it with the right intonation. But from there,
you don't need to set ten goals. You just need
maybe one or two that actually move the needle in
your life. And Jess, I feel like I've been yapping
and I can continue to yap, and I will continue
and yap because we're going to go to a really
(11:36):
quick break. But when we come back, we're going to
get really practical. Because if you're listening to this thinking
I actually want this to be my best financial year yet, guys,
I'm going to walk you through exactly how to approach
it in a way that will work in your real life.
Our one thousandth episode is coming up soon, and to celebrate,
(11:57):
We're giving one clever listener a chance to win She's
stashed the cash. Today's mystery word is seven. Tune into
episodes of She's on the Money between the seventeenth of
June and the third of July and listen out for
the hidden code words. They're are five in total. The
first person to arrange the code words in the correct
order will win one thousand dollars. Entries open on Friday,
(12:20):
the third of July, with details shared live on the pod.
Good luck and happy hunting. Okay, Ms jessic Ricci, we
are back and let's get into it. If, my friends,
you want this to be your best financial year yet,
this I've done like a little template. This is how
I would approach it. And I mean, you do you
if you wouldn't approach it this way? Don't like, you
(12:44):
don't have to do what I say. But this is
how I would approach it. Ye from knowing what I
know now, I suppose so first I would be picking
a direction, not a perfect goal, because like, how many
times will we set perfect goals and then disenchanted because
we haven't achieved them?
Speaker 1 (13:02):
Yeah, scrap that.
Speaker 2 (13:03):
We're going to pick a direction, ask yourself, what would
actually make my life feel easier with money over the
next twelve months, because that's going to ground you in reality,
not some ideal perfect version of you. Like, what's going
to make you feel like life is a bit easier
when it comes to cash. Yeah, because if you said
(13:25):
to me, I'm going to save so much every month, well,
we haven't done that before and it hasn't worked so far,
So maybe let's just pick a direction.
Speaker 1 (13:35):
I like that. It feels much more achievable.
Speaker 2 (13:37):
I would agree. And then because that's maybe not specific enough,
we are going to make it specific enough that your
brain knows what to do, not just like save more,
or you're going to save one hundred dollars a week, yess,
or I need to build a five thousand dollar emergency fund,
because what that's going to do is remove friction, because
clarity removes friction. And then third, we're going to build
(14:01):
the system immediately. We're not going to talk about it
for a long period of time. We're just going to
set it up and if it's not working for you,
we're going to change it. But we're going to implement
the system asap, and we're going to automate it we're
going to set it up. We're going to remove the
need for you to make decisions every single damn time,
because that relies on motivation, and motivation isn't coming tomorrow.
(14:22):
Motivation is actually a choice in the moment that you
have to make consistently, because it's not just going to
one day show up, like You're not going to wake
up tomorrow and be like, I finally get these jets,
I finally feel like compromising my lifestyle enough to save
five grand.
Speaker 1 (14:38):
And even if you have motivation, now it goes away.
It's that new year n me feeling and then I'm
feeling good now I'm setting my goals. Now mean four
weeks not feeling so good I feeling.
Speaker 2 (14:49):
Could invent a drug that makes that feeling last for
the entire period that I'm trying to set the goal
or like achieve the goal. That would be fantastic, yes,
but there's something exist.
Speaker 1 (15:01):
In the interim. Automating feels much more doable.
Speaker 2 (15:03):
It totally is. And let's then make this really real,
because I think that that's where it kind of clicks
with you. If you're someone whose goal every single year
is like I want to save money, Like this year
I'm going to save money, and it just like never
quite happens. What's missing, it's not motivation, Like, it's not
its structure. So your version of this kind of becomes
(15:27):
every Thursday, when I get paid one hundred and fifty dollars,
it's going to automatically move into savings and I'm not
going to touch it. Your job isn't to be disciplined
in every single week go into your bank account and
transfer that money when you get paid, because that's adding
a heap of admin and like I can promise you,
you're going to fall off that horse real quick, because
(15:48):
come Thursday and you're like, oh, I'll do it, want
to get home, because I'm just gonna pop out and
do X, Y or Z when you get home, you're
not going to do it. And then the week after
you're gonna be like, oh, actually, I don't want to
transfer it right now because I'd like a bit more
money in my account for the weekend. Like you are
going to come up with every reason under the sun
to not do it. Manually automate it, because then we're
not interrupting the system, and if the system is just
(16:10):
working as it should, your goal is going to be achieved.
Speaker 1 (16:14):
That feels like a big shift.
Speaker 2 (16:16):
And if you're someone who kind of starts off strong
and then falls off after a couple of weeks, it's
usually because you've built something that only works when you
feel motivated. That's why we need.
Speaker 1 (16:27):
To build it.
Speaker 2 (16:28):
Well, it's why we have to build a system that
you can actually stick to. So instead of going all in, like,
let's scale it back to something that works even on
the worst of worst days. Like if you have said
I want to transfer one hundred and fifty dollars a week,
but you just know that's not going to work, why
are we setting that up for ourselves. Yeah, let's be
really realistic. Maybe it's just checking your account once a
(16:51):
week and moving a smaller amount of money because the
intensity it can change, like lower the intensity, but increase
your consistency.
Speaker 1 (17:01):
I feel like a lot of people don't want to
do that because it feels like it's too small.
Speaker 2 (17:05):
Talk to all the women in our community who said
I started by transferring five dollars a week. Amen, Like
the girls in there in the group chat, they know
and they are the ones shouting from the rooftops in
our Facebook group. Being like Victoria, I thought it was useless,
and I was like, I know, but it was actually
about setting up the system because that five dollars you
(17:27):
were like, oh, actually i've got a pay rise. I
can increase that to ten dollars. And then that ten
dollars became fifty dollars in all of a sudden, it's
much bigger. But it didn't feel more painful. Yeah, because
you're in the habit exactly, And how on earth are
you going to find one hundred and fifty dollars a
week when it's probably absorbed in other parts of your
budget without feeling like it's restrictive. So let's start small
(17:49):
and then start pushing it up. You're not going to
feel it. Yeah, it's like the frog in the pot
of boiling water, Like you just don't realize it's getting
hot until you're in a pot boiling water.
Speaker 1 (18:01):
But in a positive way this time. Yeah, but jump
out of the pot of the boiling water because the
pot of boiling water is money.
Speaker 2 (18:07):
Oh yeah, you're in a pile now money. You're in
baskets and buskets of money. But I feel like sometimes
when we say, oh it feels too small, don't bother,
Like that's a trap, because small and consistent every single
day of the week is going to beat big and
inconsistent rabbit in the hair. There are so many childhood
(18:29):
fables we could use because it's not something that's unknown.
Everybody knows that small and consistent wins the race. And
if you're someone who sets too many goals, which can
be tempting, like Jess is looking at me because like
I love to be like and I think I want
to achieve. This just is like do what you said
you would do, not what you actually did, Victoria. But
(18:50):
the reality is every single goal is going to take energy.
So instead of trying to fix everything, maybe let's just
pick one financial focus for the next three months, and
that's where you're going to actually start to see some
progress and actually start to chip away it's something that
maybe you've never chipped away out before.
Speaker 1 (19:08):
Just one. I feel like that's doable. That feels like
a relief almost to think about just I just have
to think about one thing.
Speaker 2 (19:13):
It should or I'm hoping it does. Because trying to
change absolutely everything at once is one of the fastest
ways to change absolutely nothing. And this is where I
want to bring in another Adam Grant book, it's called
hidden potential, and I've just this is the most recent
one that I've read because one of the key ideas
in his book is that progress it's not about getting
(19:37):
it right the first time. It's actually about how you
respond when things don't go to plan. I reckon, we
should get Angela and Adam in a room together, because
they would be like, oh, yeah, I thought of this first. Nope,
I thought of this first. Like they're saying very very
similar things. So instead of seeing your setbacks as failures,
which how many of us do, like I punish myself
(19:58):
for it inherently if I don't succeed the first time,
I'm like, oh my god, I'm so bad at this.
I Am literally a drama queen. And you have to
call yourself out on that. Yeah, But instead of seeing
it as a failure, let's start treating it as feedback.
And every manager who's ever existed is going to tell you, Jess,
(20:20):
feedback is a gift. Does it feel nice?
Speaker 1 (20:23):
Absolutely not at the moment, no.
Speaker 2 (20:25):
But like, feedback can be constructive and you ask yourself, well,
what got in the way, what didn't work, and then
you can adjust, And that's just how people are actually
going to improve, Like it's not nice. And I think
that you probably started this because you thought, oh, Victoria's
started another podcast on goal settings. This is going to
(20:45):
feel good, Like, no, it's going to tell you to
get together.
Speaker 1 (20:50):
There's a phrase that I love, which I don't know
if it's their phrase, but Alice KT we have worked
with that team before. They have, you know, their principles
that they want said better the walls. Yeah, one sent
better is like I think the most well known one.
But one of the rules that they have I remember
we saw at their office was move fast and break shit.
And the principle was like, when you're doing stuff all
(21:11):
the time, things are gonna go wrong.
Speaker 2 (21:13):
Oh you break so much stuff.
Speaker 1 (21:14):
Yeah. That not because I'm clumsy, but I like that
principle because it's like, well, if the goal is to
be doing things, like I'm saying, I'm someone who when
I don't do well at something, I find it really frustrating.
That's just like a personally trade of mind. But like,
if the goal is to try so many things that
some things don't work, you can't fail.
Speaker 2 (21:35):
Which I feel like that's arguably a little bit healthier. Yeah,
and it's I guess also what keeps you going, because
if every single mistake feels like proof that you suck
and you can't do it, you're gonna stop. Like, I'm
not going to keep doing that because that is terrible,
make me feel bad. That's not motivation. But if every
single mistake we change our mindset and we view it
(21:58):
as just part of the proce, like I was never
going to be good at something, first go, which is logical,
Like I would tell you that, right, I would be like, yes,
you can't be good at everything, like first cab off
the rank, of course not. But then when I do it,
I'm like, why am I not good? First cab off
the rank?
Speaker 1 (22:14):
Stupid?
Speaker 2 (22:14):
Start talking to yourself like you would your friend instead
of me, because my self talk she needs talking to.
It's where grit really kind of comes in, because it's
not about being perfect for a really short period of time.
It's about staying consistent when things feel boring or slow
or just relatively inconvenient. And that's where most financial goals
(22:36):
do fall apart, not because they're hard, because arguably the
journey is not that exciting. That's so true, and what
our friend Angela Duckworth talks about is that people who
succeed aren't the most talented, they're the ones who stay
in the game for the longest. And I think about
that all the time when it comes to money, because
the person who invests consistently for years will almost always
(23:01):
outperform the person who is trying to be perfect but
gives it up early or just like throws lots and
lots of money at it for a short period of time,
because it's not about being perfect, it's just about not quitting.
Speaker 1 (23:13):
And not quitting feels like an achievable goal.
Speaker 2 (23:15):
One hundred percent. And I think it's a good trim. Yeah,
And I think it's a little bit of a mindset shift.
And if we bring this back to something really practical,
if you're sitting there going what the hell do I
actually do after this episode, this is what I want
you to do. I want you to pick one financial goal,
and then I want you to make it really specific,
like set one system up that supports it. So we're
(23:37):
not just going to set one goal. The system is
the key here. What system are you setting up that
is actually going to support that goal? And then in
your calendar you're going to put a check in with
yourself in a month, you're going to go and put
that in your calendar and be like check in on
that goal. And then that's it. That is it, that's it.
Speaker 1 (23:54):
That feels very manageable. I want can I add one thing,
of course, to everybody, We would like you to go
to the comments on Spotify and tell us what your
goal is.
Speaker 2 (24:02):
Oh yeah, we'll keep you accountable.
Speaker 1 (24:04):
Yeah, maybe like six months time we can come back
and be like, Okay, Amanda, did we do what we
said we were going to do?
Speaker 2 (24:08):
And Amanda's going to be like why your personally attacking mean?
Is just a gut of your cheek, you know? With love,
just love exactly like we are your big sisters. Sometimes
we really annoying, but I promise we still love you
and what wants best for you. We just have to
sometimes point things out that you don't particularly like.
Speaker 1 (24:25):
Yeah, and make it feel manageable.
Speaker 2 (24:27):
Yeah, but like, why's my little sister do that to
me so often? Rude? That's big sister energy. You are
the little sister. But I guess that's the whole point.
It makes it a lot more manageable. You actually don't
need a perfect plan, you don't need to overhaul your
entire life. You don't need to find noodles of motivation
and watch six million tiktoks on how to find motivation.
You just need to start something and then stick to it.
(24:50):
Get this just longer than you normally would. Okay, just
stick to it longer than you normally would. That would
be the goal. We're not going to set this ridiculous
goal of jest. You have to stick to it for
the next twelve months, just like longer than you normally would.
And then if we zoom out, your best financial year
isn't going to come from one big decision. It's actually
going to come from really small decisions that are done
(25:13):
consistently over time, and then a year from now you
will look back and be like, damn, girl, I did that.
Speaker 1 (25:20):
Yeah, which is less exciting in the moment, but arguably
more realistic and less pressure, which we love exactly.
Speaker 2 (25:26):
And if there's one thing that I want you to
take from this, it's that you actually do not ever
need to be perfect with money. No one, I mean,
Jess might be, I'm not.
Speaker 1 (25:35):
Definitely not.
Speaker 2 (25:36):
But you just need to stay in the game because
that's where everything changes. And if you want to go
deeper on this, I'll make sure that I link the
books that I talked about and Angela Duckworth's Ted talk
in the show notes, because I think it's genuinely one
of the best explanations about why persistence matters more than talent.
But for now, I want you to consider this your
(25:57):
midyear reset. It's not pressure, it's not perfect. It's just
a chance to start again. But we're just being a
little bit smarter about it this time.
Speaker 1 (26:06):
And that feels like such a good place to land,
doesn't it.
Speaker 2 (26:08):
I think that we're done. I think we can wrap
this episode. So, my friends, if this episode has helped you,
I would love it if you sent it to a
friend who's also trying to get their stuff together this
financial year. And we'll be back again on Friday by Friends.
Speaker 4 (26:26):
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
(26:46):
your needs. Victoria divine and she's on the money. Are
authorized representatives of money sheper pty Ltd ABN three two
one six four nine two seven seven zero eight AFSL
four five one two eight nine
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