She's On The Money - Bloopers & Borrowing From Your Besties

Episode Date: December 28, 2023

We cannot believe it is the last Friday of the year! Join us as we celebrate your money wins, Bec shares her broke tips, and we answer a Money Dilemma about getting started with shares. Plus, we all like to help out our friends when they need it, but what would you do if your friend was relying on you for money on the regular? You slid into our DMs about this very awkward issue! Check out Investing With She's On The Money   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.

Hello, my name is Natasha Nabanunga-Bamblett. I'm a proud Yorta Yorta, Kernai, Wolperi and Awadjeri 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 Awadjeri country, acknowledging the elders, the ancestors and the next generation coming 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. Let's get into it. She's on the money. She's on the money.

Hello and welcome to She's On The Money, the podcast for millennials who want financial freedom and the end of the year to happen literally right now. Today, my friends, it is Friday and it is the last Friday of the year that I'm going to be getting my little team together to talk about you, our incredible She's On The Money community. Today, Miss Jess Griacci is going to be sharing her favorite money wins. Bec Syed over this side of the table, you've got our three broke tips to share with us. We've got a juicy money dilemma as always. This week we're going to be talking all about getting started with shares and we're going to be unpacking something you slid into our DMs about.

So this week we're talking about friends who borrow money. A little bit spicy. But I have also been told that when we get to the end of this episode, our producers, Sam and Annalisa, have cut together what they're calling bloopers from the year that has been. These are my favourite things that they did last year. Yeah, okay, but, like, I was mortified. I was like, that's not, that's literally just showing everybody who I really am.

No worries. We're not safe, you guys. We are not safe. Nobody is safe. Anything said in the studio does apparently not stay in the studio. So we have a bloops reel to share with you at the very end of this episode. So guys, don't go anywhere. Or if you're really bored already, just skip to the end.

But before we get there, my loves, how has your week been? It is the last week of 2023. Bec, enjoying it? Not enjoying it? where are we at? Yeah, really enjoying it. I just got back from Sydney, saw the family. Oh, how good is family? Yeah, it was really lovely. And I drove there, I didn't fly because you know, you guys know I hate flying. Yes. And so it was just like a beautiful, therapeutic eight and a half hours on the same road the whole way. But I really did enjoy it. And now I'm just

chilling until the office opens back up again. Yeah. What's your go-to road trip album? Because that's like a you've got eight hours what do you like totally I'm big podcaster obviously I'll listen to she's on the money you're quite literally a podcaster yeah but what I try and do is sit in silence for as long as possible really yeah I do do that I do because like let's say I can get through an hour and a half and then when I start listening to something then it feels like do you know like I'm entertaining myself it's like mental torture hi I'll bore myself for one hour do you like talk to yourself in your head? I think about things. I think about things. I look around. At the same sights you've seen every single time you've driven to Sydney and back.

They're still awe-inspiring, you know. There's something about an open road in summer. Yeah, something about an open road in summer, Jess. You totally get it. But see, I would put on like a country album. Oh, you'd do a country album. I would do either the Taylor Swift Ears Tour set list, which I have been listening to on repeat on Spotify. I also read something recently. I can't say I read something recently. That's a blatant lie. Jessica, I saw something on TikTok recently. That makes sense. Yeah, this story checks out more. Taylor Swift trained for her Errors Tour by running on a treadmill while

singing her entire Errors Tour set list. Wow. And I can't wait for people to start training for marathons that way. Honestly, if ever there was a way to get me to run, that would be. Yeah. I can organise that, Jess. No worries. I know you've already got a walking pad in your house, so you're surely halfway there. But I'd either listen to that or we'd just be listening

to really gruesome murders the entire way there. Don't put me in that car. I'll be in a different car. You don't know what you're missing, Jessica. Actually, I'm also not a true crime person. But anyway. No, that's just me. You are not my people.

No. Miss Jessica Ricci, how has your week been? Good. Just been relaxing. Eating gingerbread? Eating lots and lots of gingerbread. I went boxing day shopping, snagged some deals. We love that. Just kind of taking the break because we only have a little quick one just to enjoy it. Be around friends, go to the beach, chill out. Lovely.

All the good things. How are you, VD? I'm just trying to eat this blueberry muffin because I definitely haven't had enough food over this festive season. I went down to the beach to spend some time with my family. My parents are down there. my sister came down I've been hanging out with my husband we're kind of like in that I don't know we're waiting for a baby to arrive they're coming in February at the end of February we think so that's kind of it's just a bit weird I feel like we're in limbo like we're planning for a baby I'm uncomfortable I'm not having the best time in the heat I'm really puffy like all of those things really grateful obviously like every pregnant person we're all grateful for it but like

guys, I'm not going to lie. Pregnancy sucks. Which one of you was going to be like, oh, by the way, here's a laundry list of symptoms you're definitely going to get. And like, it's not fun. So I feel like I can be grateful for being pregnant. Obviously, cannot wait for this baby to arrive, but also cannot wait to not be pregnant. You're a beautiful bitch ball. If anyone ever tries to tell me ever again, like pregnancy is magical. I'm going to be like, you're a liar. You're a dirty liar. Yeah, that seems fair.

I just don't know how anyone enjoys this. Anyway, let's get into the episode. Miss Jessica Ricci, what have you got when it comes to community money wins and confessions? First one is a little bit niche, but it comes from Emma and she said money win. Late October, I received an email from my payroll saying I owed them over three grand as I was overpaid on my birth leave. My child is now almost two, by the way. It didn't seem right to me.

So I went back and checked all my pay slips and requested that they double check by doing a full audit, which they did fight. This week, they emailed me to say, actually, you don't have an overpayment at all. We actually owe you $200 as we underpaid you. And also, by the way, we didn't pay you $4,500 into Super while you were on birth leave. Oh, my goodness. Excuse me? She said, I'm so happy I stood my ground and didn't just agree to pay it back.

That is a big mistake. That is not just a big mistake. That's embarrassing. Yeah. So they double check your receipts always, people. That gives me the ick for that employer. Totally. Really poor.

If I did that to you, Jess, would you, like, try and leave? Because I would. I think I'd be going, you work for a finance company. It would be extra embarrassing for me. Oh, my gosh. Imagine if I messed up, like, my super or my taxes or something. I'd be mortified. Embarrassing.

That's why I outsource it, guys. That's why I outsource it so I can blame other people. 100%. Next, I've got a money win from Sue who said, I paid for a normal entry ticket to a festival on the weekend, but somehow I ended up with a VIP ticket around my wrist. Love it. Sick.

She didn't tell us how that happened, did she? Yeah, that's interesting. Maybe they just gave her the wrong one. And she was like. Would you say something? No. No, you wouldn't. Would you say something?

No way would I say something. Yeah, exactly. Not in a situation where they're not losing out. Do you know what I mean? Totally. Like if I went to the shops and they didn't scan something through, then. I probably still wouldn't say something. Depends on the company, I suppose.

And then there's me calling over the attendant at the Coles checkout and I'm like, um, so this didn't go through, but like when I put it in, like it didn't change the measurement. Could you just like scan it in? Cause now I'm anxious. And they're just like, you should have stolen it. Everybody else steals it. That's cute. Well, I have a good win to come actually on that theme. But firstly, one from Shay, who said money win. I opted out of capitalism for Christmas. I didn't spend money to travel to see people that made me miserable, I didn't spend money on stuff people don't need or want

out of obligation or guilt, and I didn't spend money or my health on booze that would be used to cope with dealing with family drama. Amazing. Queen. We love to see it. Also, just because they're labelled as family doesn't mean you have to spend any time with them if they don't nourish you. Bye. Absolutely. Completely. Cut them out. Next, Skylee said, I bought a 24-pack of Huggies napkin pants, usually $22, using a discount on DoorDash and only paid $18. Okay, that's good. That's a money win. Already a win, but it gets better because they were out of stock. So they substituted it for a pack of 48. What? Saved 21 bucks and I didn't even have to go to the shops. As someone who has recently been buying nappies, that stuff is wild.

Actually, side note, can I play a little game with you too? Oh, please. I've been planning for a baby and as you guys know, I'm a spreadsheet girly. I'm going to need to know how many nappies a newborn uses each and every single day. And I'm probably going to put it in a spreadsheet, calculate how many nappies I need at what size and when and where, and how much do nappies cost? And what is the best price that I could potentially get? So the real question here is, guys, how many nappies does a newborn use each and every single day? My gut says like six. Yeah, my gut says four. Four, you reckon? Well, it's actually nine or 10. So you're using 60 plus nappies a week

when you have a newborn. And I was like, nah, that math can't be right. So I call one of my midwife friends and I was like, hey, just wondering, like, you know, trying to plan. One, they were like, just buy a packet of nappies and buy another packet when you start to run out. And I was like, well, that seems quite logical. But I want to do the maths. I want to work out what these nappies are going to cost me. Yep. And it's nine or 10 a day on average. It goes down as they start to be able to like control themselves a little bit better. But like, Sure. What do you mean 10 a day?

That is excessive. That's a lot. That's a lot of nappies. That's so many nappies. No wonder she was so excited that she got them for half the price. Yeah. Exactly, because you just go through them and then it makes me think about like landfill and whether they're biodegradable or not

and whether I should be doing a cloth nappy parenting thing and then I have to manage my entire life around cloth. I just, it's a lot. It is a lot. Oh, my goodness. Anyway, carry on, Jess. What else have you got? I've got a win from Ashley who said, I was in need of a gift idea,

so I decorated a mug with polymer clay and I kept one as a gift to myself. And she put a cute little photo. Oh, there's a picture. That's so cute. That's adorable. That's so Jessica Ricci. We love it. That's very cute.

And then lastly, I have a win from Beck who said, I went to buy two metres of fabric at Spotlight and I tried putting it through and the girl said, it appears we don't sell this. Just take it. Whoa. Cool. That's a good money win. That is so cool.

What a queen. Her boss is probably like, I saw nothing. Nope, we didn't know what happened. I love that. That's everything I got. I think that that is a very good wrap. Miss Bex Syed, what broke tips have you got for us? Like the last three of the year,

are you feeling the pressure to make these really good? A little bit. She's a liar. She doesn't care. Look at her face. She's like, no, V, all my stuff is good. Also, I'm very organized, so I think I feel okay about this. You've never let us down before.

Thank you. That's so nice. You actually haven't. So 10 out of 10. What's your first broke tip of the week? Okay, so this first broke tip is maybe more of a life hack but also definitely a money saver. This one's from Emma who says that what she does basically

is on meal prep days she bulk cooks a bunch of brown rice, white rice, whatever it is. It turns out to be a lot cheaper than, say, buying like a one kilo bag every now and then. Usually not using it all. You end up leaving it in the back of the pantry. Buy one of those big ones, those really big ones, you know, those 10-kilo ones.

Oh, my gosh, I don't need 10 kilos of cooked rice. You've just got to bulk cook it all, freeze it. It lasts forever. Where do you put it, though? In the freezer, Jessica. That's where you freeze things. True, you don't have to cook the whole 10 kilos. I was going to say, I'm picturing trying to get 10 kilos,

like that whole big ass sack's worth of rice into your freezer. So I think a life win would be just like maybe cook like one kilo of it. And I would say probably don't freeze it all together either. Like you could like individually glad wrap the packets of rice. She did send a photo. It was all individually glad wrapped, which is great because I feel like even when we're cooking rice, we overestimate how much we need. End up chucking the rest out. But you can freeze rice.

You can freeze rice. You don't need to chuck it out. But often you'll be like using the chicken curry spoon in the rice and you're like, ah, it looks a bit gross. Let's just chuck it out anyway. It's not gross. But it's definitely not gross, but I feel like when you're just doing that per meal, you end up just chucking it out. So bulk cooking, a bunch of rice, it's very filling.

You'll need it in times of need when you're just hungry. Also, it's way cheaper than buying that pre-prepared microwave rice. Totally. You're basically making your own microwave rice much cheaper because, one, you don't have to pay it, but two, you're probably going to put it in the microwave anyway to reheat it, so what's the problem? Totally.

actually better for the environment as well. Love it. Money win, life win. I like that one, Beb. Absolutely. This next one comes from Alex who recently moved and had a lot of kind of like half-used toiletries. Some were full but ones that she wanted to donate.

Unfortunately, you can't really donate toiletries due to hygiene reasons and other things. Ones that have been used. That's true. But this is also kind of, Jess, we were talking about this maybe last, it might have been last week or maybe a couple of weeks ago, where she kind of set up this thing with her friends where it's like a toiletry swap.

So when we were talking about this a couple of weeks ago, we were saying like a skill swap of sorts. So you could do this with really anything with your friends. If you're moving, if you've got a bunch of little like things that you need to declutter, just make it a thing in your friendship group if you have one or in your community, Facebook group or wherever. Just try and set up a little, yeah, toiletry swap, little things like that.

She also says that this is really honestly helpful for some if you're ever running low on toiletries. Hotels and hostels have stacks of abandoned ones in lost property. So that is also an option if you're like literally for someone maybe doing it tough living on the street, go to a hotel, go to a hostel and see if they have anything in lost property. They probably even have clothes and stuff in there that you could maybe take. But that's something I'd never really thought of before. Lost property. And it saves it from going to landfill or something like that. Absolutely. That's so smart. When you say like a toiletry swap I laugh a little bit because that was from Alex and my little sister's name is

Alex and like I think my little sister's version of a toiletry swap is coming into my house opening my skincare closet and going I'll take this this and this and I just really want to try this V and then all of my stuff goes there's no swapping there's just taking but it's all my half-opened product that I might actually be enjoying that she thinks she'd enjoy more yes of course oh well That's a money win for her. That's a little sister win, I think. Yeah, I love that. Okay, so my broke tip is I probably should have mentioned this last week

because it's almost, the summer's almost over. But basically this summer. What are you doing, you gatekeeping? I know, I kind of gate. Of all people on the show to gatekeep, it's you. I can't believe it. I never saw this in my life. I didn't see this coming either.

We're going to have to talk. I know. Well, it's not too late because holy moly, Strike Bowling and Archie Brothers are all offering $10 games in cheap heats over the summer. Oh, that's kind of cool. Yeah. If you have... Cute date. It's a cute date. It's a cheap date. You can take your friends, you can take your family,

maybe if you have little kids and you don't want to be blowing the budget over the school holidays. You also maybe want an air conditioned space to do something for a while if you don't have air con at home. Exactly right. Exactly right. So yeah, take advantage of that. I think I might. You think you might? Are you going to go bowling? I haven't been bowling in years. Oh, I think actually, Jess, exactly what I was going to say. That was messy. Let's not talk about it. I need to hear about this off air. We went to bowling, but it was bowling in a bar. Dangerous. Yeah, very dangerous. None of us are very good at bowling. So we were there for the

festivities. Yeah, very much so. Well, I love those. Let's go to a really quick break. On the flip side, we're going to be talking about getting started with shares. We've got a spicy DM about friends who borrow money and the countdown to the bloops is on. I'm really scared but also kind of excited to hear how many times I've messed up on the podcast or said things maybe I shouldn't have. So don't go anywhere, guys. Welcome back, guys. Let's take a listen to The Money Dilemma. Hi there. Have you got a money dilemma you just can't solve? The She's 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 hey guys i made 35 year old female with a little bit of surplus money. And I'm wanting to explore perhaps purchasing shares, EFTs, don't know what they are, would love your advice on where to get started and really just basic knowledge that we should have as women to get into the financial market. Thank you. Oh, well, hello and welcome to She's on the money, the podcast of millennials who want financial freedom. So we have 500 plus episodes of, I would say, financially, some of it's questionable. The Friday episodes, you might want to give a little bit of a skip if you're not too interested in what we call our personalities.

But on Wednesday, we do what we call a deep dive and each and every single deep dive, the entire purpose of that episode is to educate you on a topic that maybe you haven't discussed before or maybe a topic that you have seen before but no one's ever broken it down in a way that actually made sense to you and spoke to you in a way where we're peers having a chat you're not silly for not knowing this stuff you just never learned it before I'm excited because I can answer this so quickly and so easily my friend we did an entire investing series with our friends from sharesies recently and even the year before so if you're interested in learning about shares or ETFs what I would do is key into your podcasting app. Any podcasting app does the job and I would key

in She's On The Money shares or She's On The Money ETFs. And an episode that is directly related to that topic is going to come up. I'm a little bit biased. If I were you, I would really start at the beginning of our podcast because the way that we've structured it is really so that you can kind of build those foundations. And now we're nearly five years in. Isn't that wild? Nearly five years of content in. But we've kind of leveled up the content in a way where sometimes you do have to go back to basics and listen to a couple of the older episodes to go, let me collect all of these basic foundations that I need to create my financial literacy toolkit and then build from there. But excitingly, the team and I sat down a couple of weeks before Christmas. And Jess,

what did I make you do? We put together a spreadsheet. Is anyone surprised? I love a little spreadsheet. No one is surprised. But what was in the spreadsheet? A whole year's worth of content. Yeah. And the reason we did that was because I just said, look, I'm obviously having a baby this year. We obviously already put lots of thought, energy and effort into the content that we create. But I was like, what did we do like five years ago that might've changed? Like, let's review that. Okay. We've got, you know, an investing series that we're doing in 2024. All right. We know that we want it to build on one another. So if you went and just listened to those investing episodes, you get like a juicy

amount of knowledge that kind of builds on each other. I didn't want to be in a position where, you know, five years in, you would think that content might get repetitive. I am also surprised guys that we still have so many topics we haven't tackled, but I just wanted to make sure that we were nailing it. And if we had already done it, we went back and we checked the episode and said, is this outdated? Do we need to update it? You know, is there anything that has changed? And in the world of investing, so much has changed. So I'm excited for, I guess, the structure of next year to roll out because it's basically going to be a, here's an investing guide, here's a savings guide, here's this, that, and the other, and we're really keen.

So from my very, very biased perspective, I would be starting with our content. There's obviously a heap of other podcasts you can listen to. Girls That Invest, My Millennial Money are two of our friends of the show that we know and love. There's also a whole heap of investing books out there. I obviously already have three books. Guys, it's going to be five in 2024. Yeah, because having a baby, it's just not enough for one year. So I'm going to be releasing a book in May and then another book in November, which is very, very exciting. But also all of our friends have finance books as well. And if you just go into any bookshop, the finance section. Have a look, read the blurbs on the back, find one that resonates with you. Because to me,

that's the most important thing is that you're learning from someone who talks to you in a tone of voice that you enjoy. Because otherwise, you're not going to listen. You're not going to engage with it. So that is my advice. Do you guys have anything to add to that? Because I've just basically done a sales pitch on the She's On The Money podcast for you to listen to the She's On The Money podcast. I think you've nailed it. I was just going to say, if you want to get the Investing With She's On The Money book, we'll pop a link in the show notes to make it easy for smart lovely Jess great idea we're the genies yeah we do I've got you girls and for me I was gonna basically say the same thing as V I think that you you do a really good job of covering

basics and also intermediate and also advanced so yeah go back and have a little listen go back and have a listen also thanks for the listens love you guys let's move into the next part of the show this is the second last part of the show today because we've got to get to the bloops but as always, you guys have slid into our DMs about a spicy topic, which is friends who borrow money. So here is the DM, my friends. Hello, she's on the money. I need advice. My friend, you're in the right place. We have advice. We have opinions. We've got to have a little bit of drama. One of my best friends always asks me to borrow money. It used to be like 20 bucks here and there, but lately she's asking for more than a hundred dollars at a time saying she desperately needs

it to pay rent. She doesn't have a job. And that I'm the only person she can turn to for help. I do feel bad as she has a really fractured relationship with her parents, so living at home is not an option. In the past, I've mentioned I feel really uncomfortable her asking me for money, yet I always seem to give it to her because I am guilted into it, in brackets with a face palm emoji. I've even suggested that I can help her get a job and assist with her applications, but she always declines. Not long ago we went out for dinner and when the bill came she didn't have any money to pay. She said she didn't want to let me down and was embarrassed to say she couldn't afford it so came anyway. I obviously had to pay for the entire thing. I need this to stop but also

want to be sensitive with her as I know she's currently struggling. What do I do? She didn't mention if the friend pays it back in a reasonable time, which I know is not really the point. But a little bit. A little bit. There's a big difference between a friend who borrows money all the time but will get it back to you when they can and a friend who borrows money and doesn't pay you back. Doesn't pay you back. And I'm wondering, she's not employed, maybe she does have other income and can pay it

back, but personally, I really want that information because I'm thinking of me and my best friend, Olivia, who I always... I'm going to nickname her Moneybags. Yeah, I literally always borrow money from her. But I also pay it back quickly. And we have like a sibling relationship where it's not awkward to say no to each other. So I think that's different in a way,

but I'm still kind of like listening to this and just wondering what the dynamic's like. Yeah. And is she too uncomfortable to say a firm no, a staunch no? It is awkward. your friend is obviously struggling but that's not your responsibility yeah this person seems like a really good friend like I can tell that they're a good friend by the way that it's written yeah because they obviously are worried about them struggling they don't really want to say no

but they're also like I can't keep doing this I've had enough of this like it needs to end but they also don't want to like say a firm no because if they say a firm no it might be like a line in the sand with the relationship and clearly they don't want to draw that line yeah it's really really hard. Jess, what would you do? I think it's hard because it's one of those things where to me, it sounds like her friend is going to be reliant on this until she no longer can be. So I wonder if cutting it off is in a way to benefit the friend as well, like to be like, you can't rely on me for these things, particularly with the dinner, for example. It's not as if your friend is saying, hey, I need money to pay my rent or I'm going to be homeless. Like your friend did

not need to come out to dinner with everybody and I understand that she was embarrassed but there are ways that you can tackle it and approach it and I think any friend would be understanding of the fact that you can't afford to do it so I feel like perhaps if our listener was to draw the line in the sand it might in a way kind of help your friend to have like you know it's fight or flight right like I'm pushing you out of the nest you can't you gotta fly you gotta figure it out but at the same time, I do feel like I have to flag that that has the potential to be volatile and it has the potential for your friend to react emotionally and be really upset. So it's something I think that you do have to be prepared for that if that's what you want to do. But I completely

agree with Alyssa. If I was in that situation where I wasn't comfortable lending to a friend and I had expressed that and they weren't being respectful of it, I would find that upsetting. it's a totally different thing like you were saying in your example with you and Liv you know if she's happy to do it and she knows you're going to pay it back and everyone's fine then there's no reason to not behave that way but particularly I think the fact that she has expressed to her friend that she's uncomfortable yeah and they're continuing to do it anyway that's what I don't really like because normally in this situation I'd say oh like talk to your friend like let them know how you're feeling blah blah blah but it sounds like she's done that and their friend's not

changing the behavior and I think that that is really disrespectful and unkind particularly when it comes to luxuries not necessities yeah yeah like going out for dinner you don't need to go out for dinner babe so I was really empathetic of the story like and of the question I was like this really sucks like we're in the middle of a cost of living crisis like I totally get it you know we don't know why her friend doesn't have a job there could be really valid reason as to why she doesn't have a job there are six million I could come up with on the spot as to why she can't work at the moment and that's fine. I'm assuming that there's not like a massive issue with not working given the friend has suggested, oh, I can help you with the applications, Jess,

like I could fill them in and, you know, help you along that process. I'm assuming that there's nothing that you're aware of. That is all, I don't want to say fine, but like you're letting them get away with it. Okay. I think it's taking it a step too far when you're going out for dinner and just expecting the other person to pay I feel like you're then in a position where you're being taken advantage of crazy to me I think it's really rude like honestly like obviously money's fickle and all of that but like yeah okay you were embarrassed you know what's more embarrassing putting your other friend on the spot and being like well now they're okay I don't have any cash you're gonna have to cough up two times the amount you thought you were going to have to for dinner

now like what if I'd only budgeted enough for one like now you're putting that burden on your friend and expecting that to be okay, like I get embarrassment exists. Like please don't get me wrong, we've spoken so many times on the show about how, you know, in theory you should just say no but then there's me who also, I'm a people pleaser. Jess, you're also a people pleaser. Like I know that if I ask Jess to borrow money, she'd be like, oh, that's really weird.

Okay, yeah, of course, Fee. Like even if you, no, but even if you didn't want to do it because with Jess and I, people pleasers, we would do it anyway and I'm not saying that that's the right thing but I also think that when it comes to money we should just be honest about our thoughts and feelings and all of that kind of stuff so I get it I don't think I could say no to a friend because I do want to help I'm that type of person that goes no no no let me fix it like I want to help but at the same time like then there's the line of like hey can I borrow a hundred dollars like I'm so sorry I have to meet rent

and happening all the time and you're going oh she's becoming reliant on it becomes rude it becomes entitled when you're then going out for dinner and just being like oh by the way Beck can't pay yeah what are you doing I know and if they can't work I think there are so many other options because again I agree last month you did your uh or this end of the month you're really there but you did your find a thousand dollars without finding a new job well yeah and that's the thing is like there are so many options if as you were saying not everyone can work and that's totally valid, but even outside of government support that is available, selling stuff on Facebook marketplace, returning cans. I did surveys. Do you know what I mean? Like there

are so many options that you can make enough money to get you by. Like even just doing surveys, I was making 50 bucks a week, a hundred bucks a week, which is just from your phone and not everyone is going to want to dedicate or have the time to dedicate. But if you're in a spot where you're like, I really genuinely don't have the money. I think there are options that you can explore and is it going to pay you $5,000 a month? Obviously not. But if you just need money to get by, if you just need money to go to dinner, so you're not relying on your friend, there are definitely things that I think she could be exploring that aren't putting her friend in this awkward position. Honestly, borrowing money, I think it's a fickle topic because so many people

are going to be opinionated on it. Some people will say, absolutely not. I'm very much of the opinion, I will lend money to friends, but I see it as a, if they pay it back, nice, but it's, you either get paid back or you lose a friendship. And like, to me, I'm always like, okay, well, here it is, but I'm never going to chase it. If that makes sense. Some people are completely for it. Like Beck, you've got a friend where that relationship exists and it works and we can't argue with that. And that's absolutely fine. But again, money is inherently emotional. It's when it steps out of, you know, being a, I'm so glad that I have this support. I'm so glad, you know, I'm grateful to being entitled. And this feels like it's gone from being like, I'm grateful to

being entitled. If that started happening to me, I'd want to cut the friend off too. I'd be like, you are taking the absolute mickey, get in the bin. Yeah. Hard agree. What did everyone else say? Do they agree with us? First question we asked was, do you think the friend is potentially taking advantage of this person? 98% of you said yes. If this was you, would you end the friendship? 30% of you said yes. I don't need that in my life. But 70% of you said no, I'd certainly set some boundaries though. Yeah. If yes, what did you do when someone asked you to borrow money? 66% of you said I gave it back and they paid me back. Nice. 20% of you said I gave it, but I wish I didn't because I never got it back. And 14% of you said, I said I wasn't in a

position to lend to them. If you did lend money to a friend, we said, how much? 36% of you said the most common amount to lend was 10 to 20 bucks. 35% of you said 50 to 100 bucks. 18% of you said 200 to $500. And 12% of you said more than $1,000. Wow. That's so much money. Plus the other thing is her friend is asking for $100 at a time. That's a lot. That's a lot of money. That's not a, hey, my card's not working. Can you spot my $8 latte?

Yeah, exactly. It's an $8 latte now. I don't drink coffee. I've got nothing on nothing. Sorry, I'm taking it down. $8 latte. Don't know where she's drinking. It's not too shocking.

I reckon I spend on average like $6, $7 a latte. That wasn't too far off. Not too far off for our non-coffee drinking gal, which by the way. Suspiciously close. Suspiciously close, but also like weird that you don't drink coffee. Maybe 2024 will be her year. Maybe. You never know.

Maybe all these bad things keep happening to you because you don't drink coffee. Oh, don't say that. All right. We also said, have you ever had to ask a friend to borrow money? 34% of you said yes and 66% of you said no. That's been us. I feel like most people will have, I don't think they're asking to borrow money. Like I've definitely borrowed money off fee where I've been somewhere.

It happened when we were overseas. I was like, my card's not working. It was kind of funny. I already ordered the Starbucks, can you pay? It was kind of funny because she was so embarrassed and obviously I was like, yeah, like, it's fine. But, like, it was the fumble at the register of her being like, I really have my phone.

Ah, I really have my phone. Yeah, no. Stressful, nothing is more stressful. It is, and I feel like an incidental borrow of money is so different. Let's be honest, it wasn't even a latte. It was like a strawberry acai refresher. And an El Samba, I'm pretty sure. but that is I think vastly different to habitual borrowing which is what this person is doing and

it just sounds like she doesn't respect our listener which is not very friendship is built on respect and right now that's what is lacking in this friendship so I do feel like your friend is taking advantage of that and while it's not the easiest thing to say I think you do need to go hey like honestly I just start off with the truth hey I just really think that this has become quite habitual. Honestly, I don't know how to explain it to you, but I do feel a bit taken advantage of. Like I feel like, you know, the time we went out for dinner, you're not telling me in advance. It just puts me in a really tricky spot because it changes the rest of my week. And I had to change my budget and I had to, you know, just explaining it. I'm not saying that they

deserve an explanation. At the end of the day, no is no. But as a people pleasing girly, I want to explain to you why this is you know upsetting me or you know not the right thing to do and then how can I work with you to make sure that you're okay and I'm okay and we're all in a happy spot because I really don't want to lose this friendship but like if this just keeps happening I'm going to end up really frustrated and then you know I'm probably going to avoid your calls or something and I don't want to get to that so what can I do and I feel like kindness in that circumstance because, do you know what, your friend probably hasn't even noticed. Yeah, that's the sad thing.

They just expected you to be there. Yeah. So true. So let's talk about what the community said because it's always the spicy stuff in the DMs. So your responses when we said, what are your two cents, were pretty wild. My friend from high school asked me to borrow $15,000 for a house deposit. I obviously told her I didn't have any cash.

I mean, fair. That's crazy. That's a lot. That's like a whole different thing again. That's a different story. Yeah. Someone else said, I have a personal rule that I never lend money that I would be upset about not getting back.

Yeah. That's also my rule. That's like your rule, yeah. Good idea. Someone else said, you're not responsible for your friend. You need to set strong boundaries because that's how she's going to learn. Someone else said, how about in the future, just choosing to arrange free activities? So when they ask to go out for dinner, suggest a walk because they can't afford it anyway

and there will be no tricky conversation. Someone also said, just stay friends but hang out at the park or free spaces, BYO snacks and drinks, and then say, sorry, I don't have the cash next time they ask. Someone else said, if she's a real friend, she won't be offended if you say you're unable to help her financially. That could be a good way of pushing back, which I would agree. Like, you know, if it's a bit confrontational, you're like, I don't really want to tackle this.

I would just go next time they ask for cash, be like, oh my God, Jess, I would love to, but I actually don't have a hundred dollars cash. Yeah. Sorry. And then if they say you do just be like, look, I really don't like, you know, heap of bills have come up and rah rah. Because even if you do have that cash in the bank, it doesn't mean it is free. Yeah. Like it doesn't mean it's able to be lent out. It doesn't mean that you're okay with doing that and saying, well, I actually just don't have the cash to lend out at the moment. It doesn't mean that you're flat broke. It just means you don't have cash to lend out at the moment. And that is okay. Yeah. Totally. There's been a lot of people saying exactly what I say. So I'll end on this

because I think we all want to get to bloops, but someone else said, I would never give someone money and expect it back. It's now a gift. See it that way because it will never ruin your friendships. Amen. Which I think is really important. I mean, obviously it's way better to pay it back. Please pay it back. Don't just expect friends to lend out money and then it'd be free money. But I think having that mindset is going to keep your friendships intact. Yeah. Do you have anything to add, guys? No, Liz. Please, please, please.

I want to listen to the bloopers. I'm scared. Our producers, Sam and Annalisa, unfortunately record us when we don't think we're being recorded and they don't dispose of footage that we think has been disposed of where we've messed up. And they have said that they have put together, once again, another blooper reel for us to listen to. So how about we dive straight in?

This will be the first time we are hearing it, as you guys hear it, because they wouldn't let us hear it before to prepare our responses, which I think is quite rude. It's been another year of She's On The Money, and while it's been a big one, you'll be happy to know that behind the scenes, a lot of things have stayed the same. Despite our best efforts, the girls keep getting gassy. When it comes to the... I heard that gurgle. That was disgusting. I was just going to burp, but like a deep burp. Did you hear that? It was very sexy. Oh, my God. How does that happen?

And by girls, we mean all the girls, even Victoria's dog, Lucy. And so this outlawing of Lucy, good God. Did she fart? Sorry, that's really right. Yeah, she's right there. Oh, my God. I got her like a big whiff and I was just like, my brain stopped working. We are, of course, led by Victoria, the pioneer of professionalism who would never, ever struggle with technology.

Oh, did I just press? Did I backspace or did I post it? I like had my microphone on while I was like in the thing and it transcribed me into the comments section on our Money Wins thread. And it started from hello, I'm welcome to She's On The Money. Like, it was the whole f***ing thing. Bec joined us this year and she brought a new energy to the show as well as new interpretations of legal boundaries. Actually, I don't know if this is legal, but if you take the stem off broccoli... I don't know if this is legal.

I shouldn't perhaps... I should not even be saying it if I don't know. We've had the normal fun with everyone's stumbles. Miss Jessica Ricci, can you take us through our community money wins this week? Absolutely. Absolutely. Yeah, that was real deep. Oh, she just dropped balls to the wall. She's a top now.

40% of our company to the public, so we'll keep 60% of it. We're going to issue 40% of it to the... We're going to issue 40% of it to the public. One is from Cassie, who is talking about rewards, cards, and kind of... Oh, sorry. You guys don't get to see how unhinged the girls can get if they have to do a whole day of recording.

But, well, I'll just let this speak for itself. Where's your energy? Where's your passion? More passion. More passion. More energy. More energy. More footwork. More footwork. It's truly been a big year, and we expect that Parenthood for Victoria will surely only make things calmer than this in 2024.

Here are Bec's top tips on creating your perfect portfolio. All right, so... Some Harry Potter whisper shit. Now, some of you may have noticed a new word made it into Victoria's vocabulary this year. Some have said the excessive use of the word sleigh was too much, but what you all didn't realise was that V was actually getting into the Christmas spirit early.

here's to another smart and very very silly year in 2024 with shoes on the money well that was uh slay it's my favorite episode we've done all year i love i'm always very impressed with the commitment sam has to one saving those files because like you don't go back like i don't know maybe he did go back through all of it but not only saving them but also like getting the right tone like did you hear that slay and he like puts it into the right time yeah that's what a good audio engineer does for you guys that was not as scary as i thought it would be i thought it'd be way more scary but honestly like even in that sam couldn't use all of the illegal stuff you keep suggesting on the show that's true 2024 it would just be like

because like you'd just be like censoring out everything you say i'll remember that for next year yeah beck's like okay so jess have you heard of the five finger discount yes we have broke tip It's terrible. One out of 10, we will not slip up again, but it has been a year. I am very grateful to have shared the podcast studio with the three of you this year. I feel like we have thrived. I feel like we have also survived, but I also just, I'm so grateful. Like I just, I love what we do. I cannot believe we are heading into our fifth year of podcasting next year. And we have so much planned for 2024. And I just, I can't wait to share it. Like I kind of want to just dump it on everyone all in January. But according to our marketing and our content people, that's

not how it works. But no, have the most beautiful new year, guys. I cannot wait to see you bright and fresh and early come the new year. And don't forget, subtle plug, we are running the Your Best Year Yet online goal setting session with me launching on the 7th of January. So if you're like still feeling a little bit stodgy, not sure if you have a heap of motivation, I've got you. We're going to set goals together so that you two can have your best year yet

because I just have a feeling about 2024, guys. It's our year. Yeah. I got a good feeling. Got a good feeling. Well, enjoy the rest of the day, guys, because it is coming very close to the end of 2023 and we will see you fresh and early in 2024.

Love you and we'll see you around. Happy New Year, guys. Bye. Bye. 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

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