She's On The Money - FRIDAY DRINKS: A Special G&J Q&A!

Episode Date: May 26, 2022

With Victoria away sick, we bring you a special G&J Q&A Friday Drinks this week, where the girls answer your burning, and quite personal questions! And as ever we celebrate your Money Wins and wrap the week of all things SOTM. We don't address a Money Dilemma this episode, but you can submit one here.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. Victoria Devine and She's On The Money are Authorised Representatives of Infocus Securities Australia Proprietary Limited ABN 47 097 797 049 AFSL - AFSL 236523.See omnystudio.com/listener for privacy information.

Just before we get started, we'd like to acknowledge and pay respect to Australia's Aboriginal and Torres Strait Islander peoples. They're the traditional custodians of the lands, the waterways and the skies all across Australia. We thank you for sharing and for caring for the land on which we are able to learn. We pay our respects to elders past and present and we share our friendship and our kindness. 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. Today is Friday, which means it's time to sit back with the gals with a bev in hand to unpack our favorite moments from the week. And of course, to celebrate you, the incredible She's

on the money community. As always, we'll be sharing our money wins and it's just me and G this week. You know what that means. It's time for a G&J Q&A. We're back. We're going to answer your questions. Nobody's fired us yet. So seems like things are going well. Where's Victoria today? Poor doll. She's sick. So you've just got us. I'm very sorry, but hopefully we can answer some cues. Have a good time and chat about the week that was. Exactly right. No financial advice will be given, obviously, because we're just two girls with big hearts, big dreams, but no financial qualifications. So here we are. J. Rick, what happened on Monday this week? So this week's Diaries was a really fun one. When we got the briefing sheet from our producer,

Annalisa, Victoria and I were both just like, what? It was someone who had been working as an undercover cop. Oh my God. Cool, right? Amazing. Yeah, very, very cool. She had worked as an undercover cop for a number of years and then took leave without pay because understandably coming back from that she had felt a little bit burnt out and in the interim she did a number of things she bought a van traveled Australia ran into a few minor issues with that including the van breaking down in the middle of nowhere right of passage I feel yeah I was gonna say I don't know if anyone's ever bought a van to travel Australia and not had a breakdown so classic and then she started her own business which is really cool so she's running that she's gonna

take that full time which is awesome to see you know that we're all about small biz here so we love to see that. And just some really cool also insight into a job that I feel like you never hear anything about. Yeah. Did you get the goss? Like ask lots of interesting questions about it. We did. Obviously there are really significant limitations on what she could share. Some of her, I guess the cases that she were involved in are still going through the court system. Spicy. I know, right? So not heaps of goss, but a little bit of goss. So super duper interesting. I would really recommend a listen as always. But G, what did you guys talk about on Wednesday? So this week, J.Rick, we discussed what to consider when deciding whether to purchase property now or if

it's something you should wait to do. So we spoke about things like inflation, the grants that are currently available to first home buyers all over the country, how houses compared to apartments as investments, and we spoke about land and how that's usually the most valuable asset in the whole home and land piece. Oh, yes. So it was, yeah, it was really interesting, but I feel like the moral of the story was that basically the best time to buy isn't determined by the market. it's determined by when's right for you. Much like entering the share market. We can't read these things. Things change. So yeah, it was just another good property chat. But if you are someone who is interested in property, we do have a whole property playbook podcast. So

have a listen to that as well as Wednesday's fabulous episode. Oh my gosh. Yes. I am all about the property. We love to know a little bit more. As you guys know, I'm super into it personally. And we know a lot of you guys are as well. So definitely check that out. Check out the property playbook, which will be coming back for season two later this year. Very exciting. But you know what else is exciting, George King? Oh, segue. We're getting better.

The money wins. She's good. She's a pro. She's done it before. Yes, the Budget Direct money wins. We love to see them. What have you got for me? Each and every week.

All right, the first one comes from June. Money win. My daughter was buying her first car and she had $7,000 in cold hard cash. The car we found that was her favorite was $8,500. So a little out of the budget. But we offered $7,000 cash on the spot, and she got it. Oh, that's so exciting. Wholesome, wholesome win.

The next win comes from Jay Koda. After being unemployed for two months, I took a much-needed break for my mental health. I start a new job today in a government role. It's a $30 hourly rate plus super, which is pretty good for a 20-year-old. It's a four-month contract, but I think I'll smash this one, and I'm hoping they extend my contract. Well done, Jay Koda. Good luck. the next win here jay comes from jane after noticing that our car insurances have gone up

30 a month for each car two cars and never making a claim i finally got a chance to try and shop around for some new quotes i eventually managed to secure some that are 50 a month cheaper for each car than what we were about to pay yes it took lots of time emails phone calls but the savings in the long run are worth it i feel like victoria would approve of that oh my gosh that's Such a good one. And if you're someone who gets nervous on the phone, we have that handy dandy guide on the She's On The Money website on how to snag yourself a better deal with your car, your phone, anything you're paying a lot for, because they jack up the price and hope that you don't say anything. And most people don't.

Yeah. So pick up that phone. The next one comes from Nicola Moneywin. I was due for some new gym shoes, but have recently spent a little too much money on post-breakup retail therapy. We hear you, Nicola. Hope you're doing okay. But it was my birthday last week and I got a $50 voucher for the Iconic from my cousin plus a 20% off birthday code from the Iconic. This meant I was able to get a $100 pair of New Balance shoes for $30 instead of $100. Amazing. We love the Iconic in this office. We do. We do. Brilliant. And the next win comes from Kira Lee. Money win. I finally reached my goal of a $3,000 emergency fund. As a chronic splurger, this is a huge deal for me. I've also

saved $29.94 just from roundups, which is going towards my travel fund so I can go overseas next year. Each and every little bit counts. Love that. Jamie is our next win here. I applied for a job that I didn't meet all of the criteria for and I still got it. I just tripled my income and I'm so excited to start. How good's that? Tripled your income. That is huge. That is wild. And we love to see the ladies applying for jobs that they maybe aren't as qualified for because we know men love to do that. Yeah. So we should as well. No shame. Exactly right. The next win here, Jess, comes from Imogen. Loss for today, but a huge win for future me. I went to a financial advisor for my insurances. Thank you, She's On The Money, for suggesting an amazing one.

I thought my life insurance within my super was enough, but now I can rest easy with TPD, trauma, income, and life insurance that's personalized to me. All for far less than I was expecting. I'm starting to feel like a financially secure adult. Yes, queen. And if you do need an advisor, again, not to plug the website, but we have a form on there you can fill out. You give us all of your information and we will find you the person who is the right fit for you because it can be really overwhelming, I think, trying to find the right person and are they nice and do they get me and are they going to judge me? So we have a network of people that we really love and really appreciate and recommend if you are looking for

someone. And one of our advisors obviously did my insurances and they were fantastic. So can't say enough good things. Amazing. The last win here, Jess, is from Yona. On the one year and one week anniversary of me returning to work from mat leave, I was told that I had been successful in securing a higher role at my work. This will be my third pay rise slash level up since returning to work while my spending has remained the same. I'm looking forward to smashing down my debt faster. And on a personal win level, I'm so grateful that I have been able to start a family while still progressing my career and staying on top of my finances. Oh, I love that.

Gone are the days where women have to choose between a family or their career. You really can have it all. Well, it has been great celebrating some of your Budget Direct money wins with you this week, George. Loved it. But for award-winning insurance, search Budget Direct. Budget Direct, insurance solved. Stunning.

Shall we go to a little break, Jayree? Let's do it, Queen. All righty, we're back. It's time for the G&J Q&A. Here we are again. I'm so excited. I wish we had a jingle. La, la, la, la.

Maybe we could work on one. No, that's too much. As she looks at Alisa. We don't do it often enough, I don't think, to warrant our own intro. But that's okay. Just imagine. George, I'm going to come in hot with a question we get all the time. Okay.

Because you're not always in the office. It's true. And people go, where's Georgia gone? Has she been fired? We would simply never. One day. Just so you know. Absolutely not.

But, George, what is your other job? What do you do? Tell us about you. It's bless everyone for being curious. Everyone. No one is. Three people are. So when I'm not at She's On The Money, I am at Fox Sports.

I hilariously am a social media producer. What do you mean hilariously? Well, long-time listeners to the pod will know that social media and George, we're not the best of friends. But it's less about, you know, pretending your life is that which you do not lead and it's more about promoting the company. And I work mainly at Fox Footy. so you know cutting clips of the games writing snappy captions all of that kind of jazz you love

your sport as well I do yeah which people find surprising as well I don't know why I'm a sporty woman so yeah that's that's what I do when I'm not at SOTM so I'm a busy gal but love each and every day of my life yep moving on now you sounded like you really meant that as well speaking of the office someone asked what is your dream office item and I don't know why but I really liked that question. Like if you were going to put one thing in an office, our office theoretically, what would it be? Well, I feel like the She's on the Money office is already quite the dream office. We've got the gorgeous artwork. V was telling me the other week about some electric blankets you guys have installed. So you have electric blankets on

your chairs. But the dream office item, I mean, probably just like a really snazzy espresso machine i'm basic baby yeah yeah there's one of them upstairs but you do have to walk up two flights of stairs or take an elevator to get there which is arguably too far who's got the time yeah how would you answer that question i really would love a slurpee machine oh okay because i don't drink coffee if you listen to the show you know i'm a hot choccy gal but to be honest i don't drink them all that often but there's good slurpee machines and bad slurpee machines like you know how you can get the at kmart you can get like churro and popcorn and i'm pretty sure they have an ice icy maker not great not the same no like I love like a 7-eleven coke slurpee with raspberry

mixed in layers layers layers right raspberry on the top this could excite you my family used to have a slurpee machine like an actual proper one my dad likes to buy silly silly things that no one needs I know we bought it for like someone's 18th or something and it was so cool and we'd put like vodka in there yes but it's no longer with us so I sadly can't bring it in oh my god that's very cool I didn't even know that you could get like big proper ones you really can let me hit you with a financey question so people don't turn off the podcast sure someone asked are either of you open to property investing why or why not I mean I certainly would be if I had the money Yeah. I guess we've seen over time how much property does grow over the journey. I mean,

currently, if we look at how expensive. Prize in poor. Exactly. But I can't see myself ever really getting in there beyond having my own home. But who knows? What about you, Jayra? I would love to. I think it's interesting because property investment is quite contentious, I've noticed, with some people being like, it's the only way to build wealth. And some people being like, screw the landlords, they're all assholes. It's really polarizing, which I didn't anticipate it ever being. I've only ever had relatively good experiences with my landlords. We're in our current place, we've been there three years, they haven't raised the rent once, haven't even mentioned it.

You know, I think that you can definitely be a landlord without being a jerk. People need to rent property. And I mean, if that money is going to an individual rather than a big corporation, I'm not mad about it. As long as they're obviously not doing the wrong thing or discriminating or making your life really hard. But yeah, same as you, I am prioritizing personally an owner-occupier property. I want to live in a home. That's what I want. In an ideal world, that home isn't my forever home. And when I move to the next one, I'd love to be able to keep it as an investment, but it's all going to depend on finances and what everything looks like down the track. So absolutely into it. Whether or not I can afford it, a whole different kettle of fish.

Jay, Rick, I have a question for you, my girl. Kate has asked how your house buying journey is going. Where are we at? Not much further along than we were last time I was asked if we're being honest. Okay. Tell me like what are the holdups? What are we going through? So I am looking to build because for the grants that I qualify for, I need to move into a brand new property. And in the area I'm looking at purchasing a brand new pre-built property versus building your own costs are pretty much same, same. So I figured I might as well build and get exactly what I want rather than purchasing something and needing to make some cosmetic changes. But turns out land is growing at an exponential rate in terms of value. And so I'm looking at an

area quite far outside the city. I had a mortgage broker say to me, maybe you should set your expectations a little bit lower. And I was like, so like I'm looking an hour outside of the city. Yeah. Yeah. It was a male. He also told me I probably should maybe think about getting a boyfriend. Joke's on him. I already have one. Are you joking? Yeah. Funnily enough, not my broker anymore. But so yeah, it's really hard because I'm trying to do it by myself. So I can only get a certain amount of money and it's a pretty good amount of money that I qualify for. I have a good deposit. But land, even since I started kind of looking into things, you know, six to 12 months ago, has grown in value so quickly and it's so expensive and it's really disheartening when I go,

okay well I can afford the land or I can afford to put a house on it but right now I can't really do both which is really sad if I'm being honest it's not very fun to go oh my god I thought I was ready I thought I was there I was all set to go and then it feels like the goal post has just moved and I'm sure I'm not the only person feeling that way it's really tough right now but yeah so kind of just still looking keeping in touch with my current broker who is incredible she's one of our brokers and she literally is the best so at the moment I'm just kind of keeping an eye on land prices hoping to maybe see a bit of a shift but also like not getting my hopes up too far because I feel like that's kind of what I did and now I'm feeling a little bit sad okay

so why building rather than just buying an existing property it is because of like that cost thing right like so it's the same like if I was looking to purchase a new property in the area that I'm looking in it would cost me about the same okay and so that's the thing is I'm like well if it's going to cost me the same yeah you know I would rather just have it be the way that I want as you guys know I'm a little bit picky I like what I like and so I was like even if I did purchase something established I would be more than likely making changes to it which is fine happy to do it oh my god I'd actually love to rent our property that would be so much fun but yeah I was kind of like well I might as well build like if a property came up established and

I am keeping an eye on it for the right price would be more than happy to jump in that way. But yeah, it's kind of just at the moment, I can't afford anything. Fair call, fair call. I'm a year adult. Jayreek, here's a lovely question from Lisa. How can I try and not compare my financial lack of success with others' success? Oh, good one. Coming off the back of that. Very nice. I think, you know what, you're allowed on some level to compare yourself because I think it's easier said than done to say just don't look at what other people are doing run your own race in theory perfection but in practice it's not

going to happen not in the day and age that we live in where everyone's sharing you know their wins online wins in the Facebook group Instagram whatever it can be hard and like I've fallen into that trap I know a lot of other people who have but I think just giving yourself a moment and being like their success or them being successful doesn't mean that I can't be as well. Like just because you've achieved your dream doesn't mean that there's no room for me to achieve mine. And I think as well, just recognizing that priorities have shifted, you know, like 20 years ago, yeah, you'd have bought a house by the age of 21. But also if you're a woman, you probably weren't having a career. You probably, maybe 20 years is a bit long, but you know, 50 years ago,

let's say. There were a lot of things that we weren't able to do. So it's kind of like a give and go. Like we have things and opportunities today that we didn't back then. But that also means that some of the opportunities that people had back then don't exist. If that makes sense. So true. Yeah. Yeah. What do you reckon? Like, do you deal with that as well a little bit? Not necessarily in a financial sense, but it's something I struggle with career wise, I would say. And I think you just need to remind yourself of why you're doing what you're doing and write down your own goals, especially from a financial perspective. I would write down what you want to achieve and focus on that and break it down as well, like smaller goals so you can tick them

off along the way. We always say that at She's On The Money. It's that way of kind of feeling the celebration along the way to your larger goals instead of, yeah, comparing yourself to what other people are doing because they're probably looking at you in some way and being like oh gosh like look at her she's killing it at work sure like you might not feel that yourself but other people are always looking at you yeah I think we need to remember that we are the people that see we see all of our flaws and we fixate on them but we don't necessarily see or celebrate the best things about ourselves which everyone else sees so I think that's important to remember too like we need to be much kinder to ourselves something Victoria would say if she was here

and, I don't know, treat yourself the way you treat others and celebrate yourself a little bit. Yeah. You're running your own race. Exactly right. There's no timeline on things. I think as much as you, I remember when I was like 16 years old, I was like, yep, I'm going to be married at 20 and I'll have a house at 21

and then I'll have a baby at 22. Yep. And now I'm nearly 28 and I'm like, excuse me? Like those things all seem so far away. Yes. So, yeah, don't put timelines on things that don't need to have timelines. I think that's probably a very female thing as well because of the whole biological clock that we believe is a tick in, but we need to give ourselves a break, I think, because there's plenty

of time and there's plenty of opportunity and we're not battling against each other. What does they always say? A rising tide lifts all ships. Let's work together. Let's back each other instead of comparing ourselves. I love that. Question answered. Done. That's it. That's the episode. So on that note, somebody asked, what do you guys do for self-care when you're stressed out? Love you girls. Oh, love you too. Stunning.

What do you do, George? Do you love a little self-care mo? Absolutely. I do, J-Rick. I keep it pretty simple. I love a walk. I love a bath. I love a good podcast.

I kind of keep a backlog of my favorites to access on those days when I am feeling a little rough. So these are all free, by the way. She's on the Money Connection. so anyone who reads the newsletter actually will know that I'm obsessed with Dolly Alderton yes everything that woman says makes me smile makes me laugh so I'll literally I'll listen to a podcast I've listened to a thousand times by her and it just lifts my spirits yeah and I also love face masks who doesn't who doesn't what do you do for self-care J Rick I am one of those

people who has to be doing something like even if I'm relaxing my hands need to be busy or my brain is busy. That would sound very not relaxing, I think, to a lot of people. But so like, I love to just chuck on a TV series or a movie. Like I'm all about that in the background and then I'll be working on something with my hands. I love a crafty moment. You do. If you're like me and you need something to keep your brain busy or your hands busy, but not necessarily your brain, I've started doing diamond crafts. Sorry. Which is such an old thing. So they're like these, it's like color by numbers but with like little sticky diamond things I need to google this please do diamond craft yeah you can get them from Kmart for literally like five dollars

but they're really fun it's such a silly thing and then you get this really pretty like piece of art that you can put somewhere or do something with and for someone like me who just needs to be occupied it's really stress-relieving yeah do you see what I mean I see what you mean Because it's kind of like an act of mindfulness. Like you're focusing on that, that alone. Your mind's not wandering. You're putting it down. Coloring books, I think, are the same kind of vibe.

Yeah, I don't know what it is. There's something just very, very satisfying about that. So, oh my gosh, there's an Elsa one. I love Frozen. When's your birthday? I want to get you. Fire that away. Funny side note.

After our Melbourne event, which was back in March, it was a really big morning. So our team had been up since five in the morning. I think we wrapped up at like 11.30ish. and V had to head to an event and I was going to meet her back at the hotel. So I was so tired. I'm an introvert, if you couldn't tell by my love of Diamond Craft. And so I was like, I just need a little time to relax. So I ordered some room service and went to put on a movie and I really wanted to watch Frozen, but they didn't have it. So I instead paid $25 to watch Frozen 2. While I ate chips. Girl, it's an act of self-care. I support you. There you go. I

by Diamond Craft with me. You mentioned the Newsy before. Someone asked, what's your fave budget meal? Love all of G King's food recos. Oh, elite. If you're not getting the newsletter, you're missing out because George has her own personal little spot in there where she gives you a recommendation every week, which quite frequently is food. Yeah, it certainly is. Last week it was trying on perfume at Mecca and then leaving because it's for free. Anyway, Favourite budget recipes? Was that the question? Yeah, or meal.

I mean, you can't go past pasta because it is cheap and it is always delicious. My favourite meal when I was living with Victoria's little sister Devo, and she thought I was disgusting, was just a jar of pesto. What's that? Two, three dollars? Yeah. Maybe four dollars in this economy. A two dollar bag of pasta combined.

Add some cherry tomatoes for some freshness. Maybe a handful of spinach. That sounds, why would you think that's gross? A bit of palmy. That seems like. Devo is quite fancy. Yeah. So she judged me a little bit.

Devo, if you're listening, how are you? So that's always a good one, but I guess that is quite basic. I would also say the dumplings that I've popped in the newsletter before, they're amazing. Delish. I'll pop them in this week as well. So if anyone doesn't know what I'm talking about, you can refer to that. I love that. Someone asked book recommendations, financial or otherwise.

Have you got any that you're reading currently? I mean, She's on the Money by Victoria Devine. Of course. An excellent finance book. But beyond that, I don't have any finance. She's on the Money's second book. Investing book. It's out for pre-order.

Yes. Get your little mitts on that. It's all about investing. So cannot wait to see. But outside of the She's on the Money universe, George, what are you reading? Okay. I've read two immaculate books this year, actually. Actually, like so many.

I've really gotten back into reading. Love that. But yeah, top two would be The Paper Palace. I think her name was Miranda Cowley someone. Anyway, everyone read that over the summer. it's a beautiful kind of love story it's a beach read but it's so much more than a beach read i feel like that's almost a dismissive thing to say about often like female literature so it's not a beach read it's an excellent read yeah and also love and virtue that was probably it's one of the

best books i've ever read the woman who wrote it is only like 20 years old or something that's so impressive it discusses themes of consent in a really really nuanced clever way that is not at all patronising, I would say, or too confronting. So I would really recommend that. Have you read any good ones this year, J-Rick? I was dreading when I asked you this question, I realised you were asking it back. I was kind of dreading it because my taste in books is not sophisticated.

Are we talking the Twilight Saga perhaps? Close to. I like YA or young adult like fiction and I like like a dystopian, like a Hunger Games or a Maze Runner. Look, I feel like I'm kind of at the point now where I say I like YA and people are like, Bestie, you're a little bit old for that. I mentioned Hunger Games. I loved the Hunger Games books.

I thought they were immaculate and the movies were also really quite good. But they did a prequel for the Hunger Games, which did you read the series when you were younger? No, but I loved the movies. They were really, really well done. And the thing that I liked about the prequel is it was set with, do you remember President Snow, the evil dude? Yes.

It was his youth. And so it was a little bit of his origin story. And I'm hoping that there will be more. It's been out for a little while now. I smashed it in like two or three days. And if I'm being honest, I don't read a whole lot lately because I'm just busy and I don't make time for it. So for me to devour it so quickly,

if anyone else likes that same genre of book, I would really recommend it. It was so well done. And I hope that there's another one. Have you heard of the Harry Potter series? Because I've got a feeling it is right up your alley, my girl. Oh, thank you. I'll check them out.

Yes, please. We also have, J-Rick, just on the book topic, we will move back to money shortly. On the Deep Dive episode, we will be talking about the five financial books that will change your life. That is coming up in the next couple of weeks. So yeah, have a listen to that one for sure. J-Rick, you very rudely are about to hop to Europe, you lucky duck. One of the questions here is how to budget for a holiday.

What tips and tricks do you have for the girlies? Oh, maybe this is almost a full podcast topic in and of itself now that everyone's getting back on the plane, which is so nice to see. I think finding room to reprioritize in your budget, if you're not always saving for a holiday. So obviously we've just come off the back of COVID and normally I'd kind of have some savings set aside for holidays, whereas I've kind of reallocated it after two years. I was like, that money can be better put to work elsewhere. So if you don't have a fund that you're kind of constantly putting into, I think reprioritizing your spending. So like for me personally, I think I've said before, I break my budget down

really, you know, minutely. And so I have like a fund each month for clothing and a fund each month for shoes. So it's kind of easy to go, okay, well, that money can be pulled because that's not a need and reallocated to the holiday budget. The other thing I would say, particularly right now, and this is the boat that I found myself in because it was a little bit of a spontaneous trip. Like we were just kind of taking advantage of, you know, some sales that were on on flights and things like that is if it's within your means, obviously do not go into debt for a holiday. It's not worth it in my opinion, but also be gentle on yourself. And so if you need to go, okay, well this month I'm going to put a little bit less into my long-term savings.

It's actually okay to do that. And I think going back to that thing where you were saying, oh my gosh, we have such clear goals and you know, we're comparing ourselves to others. So for me, the month that we go away, I'll be putting just a little bit less money into my house deposit account. And I'm not being mad at myself for that. I'm just kind of going, hey like this trip for me is something that's really important and it's going to be a chance to make good memories and see places that I've never seen and I value that so for me it is worth adjusting my goals slightly just for the short term or to dip into my emergency funds if I needed to because I have a pretty significant emergency fund knowing that I'm going to

replenish that money or make it up down the track because George like you're like me like you love to travel right and I think that it's not a need absolutely like you know don't put that above other necessities but there is a lot of value to be had I think from that right and like when you're on your deathbed and you look back will you be like man I got into the housing market six months earlier or I went on an epic holiday made memories and friendships to last lifetime etc like what's more important I think we all know the answer and if you're traveling in a group like find ways to say like we're staying in a hostel amazing yeah i'm going to victoria and a couple of our other like shared friends victoria's staying in a hostel yeah i know i'll believe it when i see it

send me photos of that experience it's like a room with like six bunk beds it's gonna be like a giant sleeper that's fun there's things like that i think where you can go hey like we're gonna spend 99 of our time not in our accommodation and this is the exact conversation that was had because it's pretty expensive in europe right now it's high season everyone's also getting back after being off for a while. And so we said, oh, like we can have a beautiful hotel, but it's going to cost so much money. And ultimately we all said, we're not going to spend a lot of time there. All I need is a bed. We're all happy to bunk it together, share a bathroom, share a room. Problem solved. Amazing. Well, that's another hot tip for budgeting. Like think

about where you should be allocating your money and where you shouldn't be. If you're flying in at 10pm, don't stay somewhere fancy, stay at the airport hotel. Yeah. And pre-purchase, I think a lot of your like tickets and stuff as well because we wanted to go to like see a few shows we want to go to Disneyland I'm so excited in Paris yes Disneyland Paris oh my god I learned it all from but yeah so pre-purchasing those expenses because a lot of the time you can get deals if you're doing them in bulk or it's just more expensive to do things last minute as a general rule of thumb so looking at that plug it all into a spreadsheet you can bet your bottom dollar that Vicky D has put together, the spreadsheet to end all spreadsheets, which we're working on

convincing her to put that out publicly. So fingers crossed there will be a travel budget available somewhere soon. Amazing. All right. I think we've got time for one more today, Jayrik. It's been an absolute pleasure as always. I don't know if that is true for the listeners, but I've had a good time. So this question comes from Casey. How to educate slash help friends on their money journey or when they are struggling? Oh, it's such a hard one because you don't want to stick your nose in where it doesn't belong. Exactly. You know, I think people have to be ready to receive advice on something like finance. I think just normalizing the conversations and someone has to take the first step and maybe it's you in this situation or the

person asking this question, Casey. But I think just talking about money like it's a normal thing, like you're talking about shoes, you know, and talking about salary and budgeting and just peppering it into the conversation like it's a normal thing because it should be. Like you shouldn't feel uncomfortable, I don't think, talking about how much money you earn or talking about if you're saving for something. I think that that's a great conversation to be having and that's obviously what we're all about here at She's On The Money is we want those conversations to exist. But the only way you're going to make it not awkward is if you act like it's not awkward and maybe you will feel a little bit uncomfy the first time you do it if you've never spoken about

those things. But I think you'll find as well that the more you broach the topic, the more comfortable the people you're talking to will become doing the same thing. Yeah, that's very true. What do you think? Very true. Yeah, it's a tough one because we all have such different relationships with money and finance and we're all at different stages of our careers. Some people are still studying. Some people have been in the same workplace for eight years and they've really worked their way up to having amazing salaries and stuff like that. So I think even like subtly being like, oh, I'm listening to this amazing podcast called She's On The Money or My Millennial Money or whatever it is. I think that's a really good way of like edging it in there.

Getting people on the socials too, like point them in the direction of like our Instagram or another page's Instagram or the Facebook group. There's so many people in there having those conversations that I think if you start seeing those things regularly, it kind of normalizes it a little bit yeah and it makes it more fun as well and being a part of the community because there's people at every every stage of their journey there's people who are 20 grand in debt there's people who have three hundred thousand dollars in the bank so there's someone that you'll resonate with within the group and you'll see the posts and so on and so forth so yeah i would really encourage them to become a part of the she's on the money community not to plug ourselves

too much but yeah I think as you said just broaching the conversation as much as you can and maybe like sitting them down if you know that they're really struggling and being like sis how can I help you like let's talk I'm here for you because you know the longer they keep their heads in the sand if they are in a really bad predicament if they're after pay addicts whatever it may be if they face it with you maybe that's like the first step to acknowledging where they're at and they can create a plan from there also the national debt help plan they have a series of great financial counselors who are free to access. So if they are in a really sticky spot, that's a really good place to point them as well. Incredible. I feel like that's a really

good place to leave it. I think we've covered a little bit of finance. Victoria will hopefully be proud of us. I hope that I can come back next week and still have a job. But before we go, don't forget that 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 a financial decision. And we promise Victoria Devine and She's On The Money are authorised representatives of Infocus Securities

Australia Proprietary Limited, ABM 47097797049, AFSL 236523. Very well read from you. Before we head off, guys, as well, as we just mentioned, please join us in our Facebook community. We're at She's On The Money on Facebook. We're also on Instagram. We're on TikTok.

and you may have heard our girl last Saturday morning on Kiss FM 9 to 10 right around the country. Oh my gosh, how exciting. So she's doing that for The Foreseeable Future and it's like the podcast but slightly different. So it's called the She's On The Money radio show and I listened last week. A lot of fun.

Yeah, a bit of band. If you like a bit of band. It's a different vibe because obviously in between the songs there's only so much time to be sharing all of the willpower and knowledge that is Victoria Devine. but like still some really good tips and some good laughs as well yeah exactly have a listen all right well i think let's put a cork in it we'll see you on monday see you then guys bye guys