She's On The Money - Dropped Out of Uni Three Times… and Now Earns $140K Without a Degree

Starting point is 00:00:00 My name is Natasha Bamblett, I'm a proud First Nations woman, and I'm here to acknowledge country. Tii, gilinyan ganya, nianakaka yao yinbina waka, nianakai nianbina yakarumja, duminyagumiga dumiga ithawaka nirawamundamun imalan. Mumu bangada boma ininyalan waka, gaunan yakarumja, wutunarana. 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,

Starting point is 00:00:41 bringing you the tools, knowledge and resources for you to thrive. She's on the money. She's on the money. Hello and welcome to She's On The Money. The podcast lets you be pervy about other people's money stories, for educational purposes of course. Welcome back to another one of our Money Diaries, brought to you by our friends at Sky Wealth, where I get the absolute privilege of sitting down with one of our incredible She's On The

Starting point is 00:01:07 Money community members and talking all about their journey. Let's jump straight into it, because this week I got an email and it sounded exactly like this. Dear She's On The Money, I started uni three times and dropped out each time without finishing. I was working in retail and I got promoted to management getting paid minimum wage. I was working 50 hours thinking that was it for me and all I was worth without a degree. I met my defense husband, had a baby and relocated. Went to a new workplace with a new leader who changed my trajectory.

Starting point is 00:01:41 It's been five years. My partner's left defense and become a mature age apprentice and I've been promoted, tripled my income, had another baby and we just bought our second house. money diarist I feel like that's not just relatable but like it makes my heart hurt what do you mean I was working 50 hours a week and I just thought that's all I'm worth without a degree that makes my heart hurt like does it make you upset looking back being like oh my god she deserved so much more maybe not upset now I think it's more proud of where I've come from so it's a little bit sad I suppose that that those feelings were there and that's all I thought I

Starting point is 00:02:18 was worth. However, I couldn't be prouder of what I've achieved now. Exactly. I look at the leadership that I've had and how that's changed my life. And if anything, that just shows me how I would like to be a leader for other people. I'm obsessed. All right. Let's start this money diary. Every time I have a diarist on the show, I always ask them the same question to begin. Money diarist, if I asked you to give yourself a money grade from A through to F, what would that grade be? Right now, I would give it probably a B minus. A few years ago, I would have absolutely said A. Okay. I'm excited to learn a little bit more. So tell me, give me a little bit more on your money story and the things that have impacted it. I've always been interested in money. So my

Starting point is 00:02:58 dad has always had his own businesses in different sort of industries. I've always sort of been that kid, you know, daddy's little girl sitting on the couch talking about his turnover and his profit. Oh my God. I love it. Part of that was also wondering, you know, what kind of mood he was in if I was going to get some extra cash to go to the movies or something that weekend but this is good yeah I mean there's got to be something in it for you to be asking those questions but I've always been really interested and I guess that's sort of we've bonded a little bit and ever since I had it my first job like he's always drummed it into us to you know say 50% of it and you know oh do you really want to buy that because you've had to work an hour to get

Starting point is 00:03:36 that. So maybe really bought that structure in early of appreciating the value of a dollar. Yeah. Love. So tell me a bit more about you personally. What do you do for work and how much money do you earn? I am currently working as a HR manager. I am currently on $140,000 a year. Including or plus super? Plus super. Stop it. And sorry, do we have a degree? No degree. And you don't need one? No, no, absolutely not. Exactly. Did you ever think that you would be able to say, oh, I earn 140? Absolutely not. Never in a million years would I have thought that this is where I would have been

Starting point is 00:04:12 at from where I was five years ago. That's honestly like not a crazy amount of money, a really nice amount of money, but like just knowing your growth, like that's crazy. And I love it for you. Is this something like this amount of money, something you're like, yeah, this is the most amount of money. Like it feels like we're super rich. Or do you feel like you've now kind of like caught up and just life is expensive like what's this salary mean for your lifestyle yeah look I think five years ago I would have looked at 140 and thought that that was a massive amount of money and you know I've made it now with the cost of everything it really doesn't go as far as it would have five years ago especially when you are looking at buying houses

Starting point is 00:04:50 yeah 100% and I don't mean that in a like oh I know way but more in a oh I know way because it's just yeah life is hard and so expensive and like you're right five years ago $140,000 like holy snap and ducks you would have so much money left over but right now I feel like everyone is just feeling the pinch it doesn't really matter how much you earn we're all just oh struggling yeah yeah absolutely so what kind of big money goals have you got what are you currently working towards like I mentioned in my submission we did just buy a house so we are really hoping that we will be able to put a pool in. So that's what I would like to say for at the moment. And have you done any research into what a pool is going to cost and what that might look like? Yes, we have gotten

Starting point is 00:05:35 four quotes. Oh, you're at quoting stage. So you're like fully serious about pool. Yeah. I really want to know what, what do I need to work towards and what's my target to how am I going to get there? Yeah. Fair. And talk to me about what money goals have looked like throughout your life, because I feel like the money diary that you wrote in with is so relatable. Like, worked in retail, you know, you'd started uni three times, you dropped out. Can you tell me maybe a little bit more about what did you start uni in three different times and why did you drop out? And what did that mean, I guess, for your self-confidence and for your career? I started in a Bachelor of Business, majoring in tourism, leisure and events. Then I actually

Starting point is 00:06:18 met my ex-boyfriend and relocated to pursue their obviously career goals and their university then I started working got the promotion in my retail job and kind of was like oh you know what I actually don't need a degree because I'm I'm working my way up this is this is what I'm working towards and I did get a promotion into a management role and figured I would be able to do that then as I was maybe getting further along and you know I've always had a very strong work ethic and I've always worked hard to achieve what I need to achieve and be self-sufficient in any role that I've had maybe when I wasn't quite as happy in the role I was like you know what I need to go start my degree again and work on a bigger picture career goal then started again just hated it I'm

Starting point is 00:07:05 just I guess I'm not a commit to study kind of person and then I actually fell pregnant and so when I felt pregnant I was like you know what no this is this is the time I am going to finish it now like I'm going to be on maternity leave I'm going to have time to do my studies and commit to it I think I was about eight months pregnant when I did my last exam oh my goodness I did it maybe another two subjects whilst I had the baby and then I just hate it I just couldn't finish it I just hated studying I just every time I read something I was like oh no like this is boring I can't focus on this and yeah I just kept going on with my work not for you not for me not for you And you know what? It doesn't have to be for people. I think that there is such a misconception

Starting point is 00:07:50 that to get a good job and earn good money, you need to go to uni. And it's just not true. Like, don't get me wrong. If you look at me, yes, the reason why I'm in the position I'm in is because I went to uni because you can't work in finance without that type of degree, but you can work parallel to finance. Like it doesn't stop people entering specific industries. And I think there's this really big misconception, like you currently work in HR. I think people like, no, you would need a HR degree. No, you don't. Yes, it makes the door open a little bit wider from the start, but it doesn't mean you can't get in there. It doesn't mean that you're not the right fit. And it doesn't mean you can't earn good, good money. Absolutely. Which I love for

Starting point is 00:08:28 you. Yeah. And I guess how that door opened for me without having a degree was the leader that I met at the time. So tell me a bit more about this, because I feel like sometimes all it takes is crossing paths with somebody who believes in you. Somebody who's like, nah, see the potential money diarist. I think that you could absolutely do that. You said, you know, I met this leader or I met this person that changed my trajectory. What did they do that made it so powerful for you? I guess they themselves are quite motivational. At the time, so my husband and I, we relocated, we'd had our baby. I was going to get out of the industry. I was honestly looking for something totally different not retail let's see what else I can do it took a little bit longer than I thought

Starting point is 00:09:12 so I took an opportunity got the role he actually started at the the place of work about two weeks later and I guess I was just having conversations with him and I was talking to him about his vision and his ideas and you know business ideas and creativity and things like that so and not that I hadn't had those conversations before I guess it was having the person to actually identify something in you that to see that potential and he just worked with me so gave me opportunities for different courses so I think for me maybe the degree is not it but I can commit to short courses yeah and I could commit to you know leadership courses and development courses and all of that and he just opened those doors for me he I suppose in a way mentored me guided me in certain avenues

Starting point is 00:09:56 and changed my vision around leadership management yeah just his whole vision and how positive and motivating he was it just it makes you want to be better I love that yeah I really do but what made you see better because obviously he could open all the doors like I'm sure you could do that for anyone but for someone to then go no I do see that potentially myself as well was there like a light bulb moment or a switch or something that happened or was it just like oh no you're right to be honest the light bulb moments probably only come to me very recently I think for the last five years or four years now I probably had a lot of imposter syndrome so he saw this potential in me and I've asked him multiple times why me why do you think

Starting point is 00:10:37 that I can do this because I don't feel like I know enough or I should have a degree or there's so much more I need to learn to be good at this and he just always I suppose that reassurance I guess that no like other people can't do this or if they can but they can't do it like you or your approach to it or just that guidance I guess to kind of shake you a little bit and be like, babe, believe in yourself. Yeah, and I was actually in a very hands-on operational role and then the opportunity for HR came up and he's like, you would be perfect to do this.

Starting point is 00:11:12 How good's that? Yeah. I love that. I'm so excited for you. All right, let's go to a really quick break because on the flip side, I want to know more about this house, more about your investments, more about the pool plans. So guys, don't go anywhere.

Starting point is 00:11:28 Marnita, we are back and before I get into whether you invest in what in, let's talk a little bit more about imposter syndrome because I feel like I still struggle with this and it's something that so many people in our community struggle with. How has imposter syndrome played into the ways that you maybe have or haven't harnessed opportunities? I think I always harness the opportunities that are presented to me however it gives me a lot of anxiety so I overthink everything I ask are you sure I should be doing this no I can't do this I don't know enough there's someone's definitely better than me but I guess for me personally I just having that person that does so genuinely and wholeheartedly believe that you are the right person and that you can do

Starting point is 00:12:16 it regardless of you know what your university status is it just yeah it helps you believe in yourself to keep going and that you know you are the right person to do it it's crazy because when I was younger I obviously suffered a lot from imposter syndrome but I feel like I don't know where it came from I don't know whose audacity I borrowed but I was like I'm gonna do it anyway I'm just gonna do it anyway and see what happens and I thought that that feeling over time would wear off like surely the more you do it the more you're like no these are the rooms I should be in no I absolutely deserve to do it I still don't get it I still am like oh my god like I've been invited to an event next week and I am cacking my dacks because I've been told who else is on the

Starting point is 00:13:01 panel and I'm like oh no like maybe I should back out because I'm gonna fumble this like I'm gonna look like an idiot I'm so scared to meet them like it's just kind of crazy but I think so important to talk about babe it never goes away you're still always going to question yourself you just have to push past it because that's the way everybody else feels too. And like, I'm not that unique. I'm not that on my own. I'm not the only one who's questioning myself. And I think the more we talk about it, it's like, that's pretty silly though, isn't it, Money Dyrus? Like you are actually really capable and really competent. And I think that if you are questioning yourself, that's actually a really good character sign that maybe you are the right person for the job because you've

Starting point is 00:13:43 got a good level of self-reflection, you're able to be like, oh, I would love to be more educated in this space. Like you can see things really critically. I promise dumber people are doing better things because they're deluded. We can join in too. I kind of had that vibe when I had my first baby. And I was, I remember my husband and I changing his nappy and you were like, you know, they, how did the hospital just let you go home with these babies without any instructions of how to keep them alive? No license, nothing. And then I was like, you know, criminals can do this you know serial killers can raise babies or maybe not raise babies but they can not well but they have they can keep them alive so can i exactly like i genuinely think we just need to

Starting point is 00:14:24 borrow some male audacity and be like you know what i'm just gonna do it anyway i agree it makes you better exactly talk to me about investing what do you invest in if anything if not what are your thoughts on an investment i've only just started investing in shares good girl i love this for us? I probably started at the start of last year, I would say. I currently have about $5,900 in there. Hey, that's good. Yes. There's not really any strategy. We don't need strategy yet. We're just starting. Apart from listening to She's On The Money and I listen to what other people are investing in, I was like, yeah, that sounds good. When I first started, I've got about 25 things in there that about 15 of them have about ten dollars in them but that's okay we're just

Starting point is 00:15:11 learning we're testing we're seeing what we like and I think that's important at the beginning yeah and then the other ones obviously the the main ones I guess like that I always hear about which is the vanguard that's the one that I sort of put most of the money into I feel like that's very relatable but but we want to test the waters and like hold a few different things and just see how we go like I want the process to be enjoyable as well because I'm sorry but you're gonna have to be at it for a really long time. So, let's make sure that it is as interesting as possible. I mean, my $30 at Disneyland, we just don't know where that will go, right? I don't know, but I love that we're investing in magic.

Starting point is 00:15:48 Absolutely. See, perfect. Tell me a bit more about your super. You've obviously worked some very long hours and very, very hard. What's that looking like? I currently have about $115,000 in super. Okay. And how old did you say you were? I'm 33. stop. That's so good. That is so good. And do you have a strategy around super or are you like, girl, my strategy is just doing what I'm doing because it's clearly working.

Starting point is 00:16:15 Not really a strategy. I did a salary sacrifice about $150 a week into my super for most of last year. I love this. However, when we were looking to purchase a house, I stopped it just to boost up cash. Yep. Yep. That makes sense because we have got bigger priorities and that releases a little bit of cash flow that would have been good tell me about your house purchase because I want to talk about debts but you bought your house yes that's so exciting yeah we must be about 24 when we bought our first house up north babies yes very much babies and so we bought it for 300,000 stop you can't buy property for that anymore like go one of the days and you're still basically a child like you're only in your 30s like and go one of the days that we see that

Starting point is 00:16:59 anymore absolutely and so you know obviously it was a good investment but to purchase this house we were hoping we could keep it as a longer term investment but with the prices of property now we do have two kids and having that loan and an equity loan and then a second mortgage for this house just felt just a bit much it felt a bit too overwhelming so we did choose to sell our property up north last year and then to use that money that we made as a profit to buy our next house. Yeah, very cool. So tell me about this next house. How much did it cost? How much of a deposit did you have? It cost a million and 60. Oh, okay, big dog. That's a seven figure property.

Starting point is 00:17:42 That's a bit overwhelming too when we were doing it. Yeah. And I talked to a lot of obviously first home buyers and next home buyers and there seems to be this mental block around a million dollars because all of us, especially those that are buying houses at the moment, and we know, like I think everybody knows that the average price of a house in Melbourne and Sydney is currently a million dollars. You don't live in either of those places. So it's usually a bit less. So I'm assuming you've got a nice-ish house. We know it's the average, but seven figures of debt sounds astronomical. Like it makes you go, nah nah when I was little a million dollar house that was crazy mansion yeah absolutely it was even

Starting point is 00:18:24 comparing it to purchasing our you know four bedroom two bath $300,000 yeah $300,000 we're like this is wild it's crazy and you decided that was the right thing for you what type of deposit did you have so we made about $350,000 off the house well actually probably a bit more because we obviously didn't still owe $300,000 on it. Sorry, you bought it for $300,000 and then it was worth what when you sold it? We sold it for $640,000. Stop. That's so good. I would call that a money win. Yes, absolutely a money win. It would have been great to hold on to it, however. Yeah, it's definitely not upsetting to make that kind of a profit on it in about six years. No, and then to be able to use it as equity driving into your dream family home, like I'm sure when you purchased

Starting point is 00:19:11 that house you were like yep this is great we're purchasing this for the xyz reasons but I doubt you would have assumed that within that period of time it would double in value like absolutely not otherwise everyone would have been purchasing in that area yeah absolutely so you bought that house you've just recently moved in yeah in the last four months yeah are you having to spend a fair bit on furnishing the house because there's somebody who also bought and moved into a house about four months ago I feel like I'm consistently shopping at the moment yes that has certainly taken a hit on our savings because we were renting for the last few years while we were sort of sorting out our careers and where we wanted to live so we've been renting and we

Starting point is 00:19:52 hadn't really updated our furniture at all in that time and so you're buying our family home now that is going to be our forever home it's been a bit exciting getting to actually buy new furniture and make it match the house to what we want it to be yeah it's also so much more expensive than I had in my head like we moved in and I said to my husband you know what we're not silly like let's not buy all new furniture because that's ridiculous like we will just pick up pieces over time and slowly build our like forever home no not in Victoria's brain I'm already on Pinterest I'm already looking at new dining tables the dining table we have honestly is way too small for the space but I keep googling why are dining tables so expensive like it's astronomical yeah

Starting point is 00:20:36 it is wild the cost of furniture and as soon as you see the matching item oh I need that yeah it needs to go together and the one thing that I think has shocked me the most is how expensive dining chairs are individually yes or a buffet yeah what is that about little hall table what is that about crazy so rude so talk to me about debt I hope you're not going into any debt for the furniture that we are romanticizing but tell me a bit more about your debt so we don't currently have any debt apart from the mortgage which is good and what's your mortgage sitting at it's now sitting about 8 30 see there we go that's not seven figures that feels a little bit more palatable you could say yeah so we're very lucky with the money that we

Starting point is 00:21:18 made off the sale of our other house no it wasn't luck that is not luck that is strategy well we're very good with our strategy of the money that we sold off the house and i did have a car loan so we did use the money to pay off that car loan as a deposit and then still having a decent buffer in there to purchase new furniture and still leave ourselves with a bit of money in the bank which is nice when you have a big mortgage like that. It really is. I feel like you've probably got some good money habits. Do you want to tell me what you think your best money habit is? Oh my best money have is I think I really put thought into things before I buy them so I'm not really someone that will apart from work clothes that I always need to have updated really I don't spend a lot of

Starting point is 00:22:07 money on clothes or the next best material item I guess I really I wear things till they're dead love yeah that's probably my best one I try not to waste money I love that but I feel like it's an active contribution to trying not to waste money consistently like is it always front of mind like if you're at the supermarket are you always thinking about it or is that something that's like oh just when it's active I think I'm always thinking about it and I think I'm probably always going to be someone no matter how much money I have in the bank I could win the lotto tomorrow and I think I would still no I don't actually need that no I don't want my bank account to fall below this balance so I'm not going to buy that I could not resonate with

Starting point is 00:22:49 something more like I always thought and again I'm very privileged but I always thought that once I have more money I won't be stressed about money once I have more money then I'm gonna splurge on x and y don't get me wrong I definitely have splurged here and there but the guilt I feel when I splurge why you still exist when I know we can afford this absolutely so I don't know if that goes away it's something I'm definitely trying to work on because I'm consistently like to my husband what do you mean the other day he came home I was like why did you buy white wings flower what is wrong with you and he was like oh I don't know it's just what I picked up and I'm like the idea of that's just what I picked up why aren't we buying home brand flower it is flower

Starting point is 00:23:34 I absolutely agree there's things that I will absolutely be YOLO like take my money and then no we don't need name brand flower but we do need the low pack butter yeah like we're not scheme is that's not home brand butter, but I will buy home brand flour, home brand milk, home brand everything. Butter, that's where I draw my line. Absolutely. The things that you absolutely can taste the difference, that's the boundary. I agree. You mentioned that you had a defense husband, then you had a baby, then you relocated and you got a new job, but then also he left defense and became a mature age apprentice. Now, in my experience, when someone becomes an apprentice, they earn next to nothing. Is that right? Yes. Mature age is a little bit different.

Starting point is 00:24:18 So obviously he went from a defense wage, which is very nice. Very nice. So what was he earning on average? Around a hundred. Okay. So he earned around a hundred, got a really nice amount of super and was bopping along and then decided, I don't want to be in defense anymore. I'm going to go do an apprenticeship. What did his salary change to? Probably about 60,000 a year. Yeah. okay that's a big cut yes so it definitely took a lot of yeah reshuffling the finances and in that time where he is just about to finish his apprenticeship as well but then we had our second baby in that time was that really stressful because I feel like that would have stressed me out to the nth degree like I want you to be successful I want you to have a really good

Starting point is 00:25:00 career but also babies are very expensive yes it definitely was stressful we were very lucky that we had two of the same gender for our kids so luckily we got to we got to keep everything reuse it everything's just readjusting our spending really and it was kind of very lucky in the way that his wage went down but mine was going up so it balanced. But did you take any maternity leave during that period of time and what did that look like? I only took the minimum so I took the government leave that you get and I think I had about six weeks of annual leave at the time. So I went back to work when my bubby was about five months old. Okay. And do you feel like that was a good thing for you? Do you feel like that was negative? Like some people, so I,

Starting point is 00:25:45 for example, I'm a workaholic. I love being at work. So going back early was always part of the plan, but that's not true for everybody. What was that like for you? It was probably a bit of a mix. So I, I'm a bit like you. I am a workaholic. I love my job. I'm, I'm really passionate about advancing my career and what I can achieve and you know having that you know you can't have it all you can be a great mom and you can be great at your career as well exactly yes you can louder yes and so it was difficult however I know that doing that has been the best thing for our family as well and it's being able to create that lifestyle I want to give my children I love that so much and I feel like and he won't remember exactly I feel like so much pressure is put on

Starting point is 00:26:30 women to like take the appropriate amount of mat leave whatever the hell that means but then also have a really good career and be really family oriented but also be a business woman like can people just pick a side like and stick to it because you're giving me mixed messages of what you think I'm worth and what you think I should do when in reality I don't even think this balance exists. Like I'm just doing the best I can with every single day. And if you think at any point I've got it balanced, that's a lie. Yeah, that's right. You just thrive in the chaos and you make it look like you've got everything together, even though everything's on fire, but that's okay. Oh no, I cry a lot, but that's okay. I'm having a good time.

Starting point is 00:27:14 That's right. That's right. I might look cool, calm, collected, but internally there's a lot going on. If you brush your hair and put a little bit of concealer on, you can fool anybody. absolutely and I also think you know I'm going to raise better future workers see I think that the example I'm setting for my kids in terms of work ethic is second to none like absolutely hopefully they grow up and they go my mum was really cool not my mum was never there so yes absolutely my mum worked really really hard for everything that I get to do these activities and I get to do this because my mum worked hard to help me get there because she loves me so much And I hope that they see that because I cannot imagine anything worse

Starting point is 00:27:54 than having entitled children. Me too. So, like, they better be watching, I'm telling you right now. That's right. I think at one point my son actually said to me once he wanted to go somewhere and I was like, oh, you know, that actually costs mummy a lot of money for us to do that. That's a sometimes activity.

Starting point is 00:28:10 Yeah. And the next day he comes to me, he's like, oh, mum, I really want to go to the movies. Can you go to work so we can pay for it? I was like, can you go to work and pay for it? I mean, he's starting to formulate what that means and what that looks like. Yes, I'm glad he's willing to sacrifice me going to work to do it. That's so kind.

Starting point is 00:28:32 That's so kind. Very thoughtful at six. It's a good strategy. I love that. I mean, my son's only two, but I can absolutely see him saying something like that. He's like, oh, I see. Go do that then, mummy. That will be my second born that is two.

Starting point is 00:28:44 It's an interesting time. Very different breed. The two, yes. Two years old. They can do everything as well. Oh, yeah. my son taps his chest and says Harvey do and I go yeah you do you do yeah you're so good at it yeah yeah it's gonna take us an extra half an hour but you do it I'm so glad that you want to put

Starting point is 00:29:02 your shoes on that's perfect tell me what are you teaching your kids about money at these ages you said that you've got a two-year-old and a six-year-old obviously your six-year-old would love you to go to work so that you can go to the movies but like how are these conversations evolving for you and your family he does have a little money box and we actually just bought one of those I like calendar I really want wine is it good yeah do it it's been really good my son is also ADHD so he very much struggles to stay on task so being able to create the the chore list and the rewards and you can create the rewards together of what they get he's very good in the way of oh mom I brushed my teeth do I get a star and what's my reward for that I thrive on that

Starting point is 00:29:43 personally so I could have a chores list and get stars for doing stuff say less yeah trying to explain that we don't get stars just for existing we we get the stars and the rewards for the chores but he's definitely very big on what money he can get cash if he's going to save it up to buy something bigger we haven't got there yet we're still filling the money box but he's definitely more curious and ask more questions about money now I love that and I feel like from a development point of view this idea of delayed versus instant gratification is arguably more important at this age than did you know that this is how much a grocery costs like that can come but just the idea that he's willing to sacrifice a small thing now for a bigger thing later is actually incredibly

Starting point is 00:30:31 powerful so you're on the money I think my friend yes he's about to lose his first tooth and he's under the impression that the tooth fairy is bringing a hundred dollars oh so who told him that I don't know if it was you it was definitely not me I'm not sure what other children in his class receive from the tooth fairy but I think the kids actually get a hundred dollars do you think that's happening because that's delusional oh surely not no I'm pretty sure I called the tooth fairy and I had a good chat with her and she told me that teeth were worth gold coins absolutely so the gold coins that's what I thought so hopefully he won't be too disappointed it's not a silver one. It's a gold one. It's special, but it's not a note and especially not a green one.

Starting point is 00:31:13 No, it's definitely not a green one. So it will be interesting when that comes about. And I mean, I'm sure he'll actually be probably more impressed with a coin anyway. Yeah. Let's see how long they're impressed with coins. Hopefully I've got a little bit longer. All right. Tell me, what do you think your worst money habit is? It's probably the same thing, honestly. I might go six months without buying clothes or anything like that. And then one day I'm like, oh, I really need this. And then all of a sudden I go on this spending spree where I'll be like, yeah, I need that, that, that, that, that, that. And I haven't

Starting point is 00:31:44 bought anything for so long. And all of a sudden I'm spent all my money. And you've justified it to yourself because you haven't bought it in so long. Yeah. Yep. Does that mean you're overspending or you're just spending everything that was basically in the budget for the last six months in one day? Yeah. Essentially that. Yeah. I can't resonate with that, but I kind of think that would be really fun yes until afterwards you're like why why don't I just you know pace myself through it and as I need something buy it not wait till I need everything I like it impulse control we don't all have to be good at it money diarist no at the start of this episode you said I reckon my score is a b minus and I think you're doing pretty damn well what would it take to get you

Starting point is 00:32:25 to an A? I think probably as we've taken on the mortgage I haven't really adjusted our budget in the way that I know what's coming out but because before the mortgage payment and it was rent it's about half right like so our rent was about half of what our mortgage is and so I probably haven't adjusted our budget to reflect what our higher expenses are that is also rates water furnishes if something breaks we have to fix it I haven't really adjusted that and so currently there is definitely more going out than coming in. I do need to actually just sit down and yeah, rein it in to make sure that I don't blow through it too quickly. Yeah, no, that's fair. All right. Well, I'm going to set you up with my money masterclass

Starting point is 00:33:08 because that will do that for you. And like what you just explained, I can basically take you from a B minus to an A plus very, very quickly if that's the thing that we're doing here. So I will set you up with that after. But the thing that I think you'll like in that is there's a spreadsheet that does it for you so you basically put in all of the expenses that you have and it will spit out all right well this is where you're spending here's a whole pie chart also this is a table of how much needs to go into each account and what that looks like and here's your house costs here's your school costs like it'll break it all down for you I'm obviously quite biased because I made it but I think it will help and I mean thousands of other women have said it's

Starting point is 00:33:47 good so like I'm just going to believe them instead of having imposter syndrome money diarist is there anything you would like to leave our community on I feel like you're the type of person that you've said look that's all I thought I could earn and there are so many people in our community that I talk to every day that say RV like I'll never earn more than $50,000 I'll never earn more than $60,000 like I've not gone to uni I've not done this what would you want to say to past you just to believe in yourself that you know that you can do it or it does take hard work it's certainly not easy but just believe in yourself believe in your intuition your ability I do think it has come down to finding the right leader at the right time as well but that's it

Starting point is 00:34:33 if the person that you're working for isn't trying to set you up for success as well then go find someone that will because the possibilities are endless I love that so much but something think you said that I was like yes you said trust your intuition like you will just know I think so often we doubt ourselves but you will know like when an opportunity comes up and you want to pursue it it'll feel right it'll be right it'll work for you like you never have to bend over backwards or appease people or do things that you don't believe in to make success happen and I think your intuition is arguably not relied on as much as it should be yeah money dice it has been a pleasure having a chat with you i feel like the community is going to love this story

Starting point is 00:35:16 as much as i have loved recording it so thank you so much for joining us thank you 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 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 321 649 27708 AFSL 451 289. Thank you.

She's On The Money - Dropped Out of Uni Three Times… and Now Earns $140K Without a Degree

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