She's On The Money - FY27 Starts Now: The Money Reset Your Future Self Will Thank You For

Episode Date: June 9, 2026

It’s mid-year money reset-time! The end of financial year brings all of that new money energy, without the post fireworks slump. Not only is it a time where people are already looking at their finances (or looking out for a tax return), it’s a brand new chapter for folks who want to rewrite their money story. Frankly, with all of the cost of living pressures adding up, it feels right to pause and hit reset. Join Bec and Jess for a Deep Dive into EOFY energy; our highlights and lowlights from the year that’s been, as well as resolutions for FY27. Budgeting, saving, shrinking that debt or finally investing, we’ll share some new financial year goals from our community, as well as tips to help you get organised before the spenny end of the year. January 1 has nothing on July 1. OUR 30-DAY MONEY RESET: Did you sign up for our FREE mid-year challenge? It’s designed to help you get closer to your money goals by the time the countdown actually strikes. Join here. SUPERCHARGE YOUR SAVINGS: Stop procrastinating, start automating. Download our Shuffle Saver Challenge here. DISAPPEARING DEBT: Pay it down with our episodes devoted to diminishing debt. New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you.  Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements (nartarshabamblett.com.au) The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708,  AFSL - 4451289See omnystudio.com/listener for privacy information.

My name is Natasha Bamblett, I'm a proud First Nations woman, and I'm here to acknowledge country. Ti, gilinyan ganya, nianakaka yao yambina waka, nianakai nianbina yakarumja, duminyagumiga dumiga ithawaka nirawamundamun imelan, mumibangada 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,

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 that proves you can change your money story one money move at a time. I'm Bec Syed and with me on the Deep Dive couch is none other than Miss Jess Rickey. And if you're looking at your calendar thinking, how did we get here so quickly? You aren't alone. Today we'll be chatting about hitting reset and starting the financial new year with hopefully

some better money habits. Oh, I'm feeling the new year energy. Are you feeling it? I'm feeling it. I thought it was your birthday too. Do you feel it, Squidward? I do feel it. And are you meant to be Patrick or SpongeBob? You're asking too much of me. I just know the sound by it. I understand.

That's all I know. I'm assuming you're Patrick because Patrick is pink and a little bit dumb. Yeah. Oh, no. Wait a second. You know when someone says something and you've already been laughing, you just tricked me into like – because you're like, and I'm a bit dumb.

And I was like, yeah. But I promise. Don't agree. No. I'm just kidding. But if you guys couldn't tell, it might be a rogue one today. Might be a little bit rogue. It might be a little bit rogue.

Just us. We're checking in about all things end of financial year, tax time, goals. I personally love this time of year. It's because you get a second wave of new year, new me energy. Totally. And obviously you don't need a new year to refocus on your goals. I feel like we should say that at the top. You can do this at any point in time that you want.

But if you're someone who does really like to harness the energy around you, end of financial year is a great time to do it. Yes, I completely agree. It really does feel like, yeah, you're getting a new New Year's Eve, you know, and you can just start from scratch and really hone the powers that be. And I think like financially, if you're not yet exactly where you are, maybe feeling like you want to be headed, then yeah, it's a really good time to reset and think about what the next financial year might look like for you. Absolutely. But before we get into it. welcome back to she's on the money on today's deep dive we are talking about your money resets and resolutions for the new financial year but before we get into you guys allow us a moment to be selfish if we may yes i thought perhaps we could take you back through our financial year

look forward a little bit together it's always nice to have the accountability and you guys are so good at keeping on top of us for things we should be doing which i really appreciate i I totally agree. Should we start with what were some of your money highlights and lowlights for the year? Well, obviously not having a job for a long time has been a huge lowlight. And I think in the meantime as well, it was a great lesson because I think I do get a little bit cocky maybe

or I do get a little bit like delusional. I don't think it's cockiness. I think it's delusion. Yeah, where it's like I quit my job and I thought, oh, definitely in two weeks I'll have a new job. So I just kind of spent as normal and then it took one month, two months, three months, four months of like, wow, I'm not getting a job to start being like, okay, I need to fix up how I'm spending. And so not that I had no savings, obviously, I was just picking out random things here and there. But now I'm like, okay, I'm being insane.

I just really need to lock in. If I can't find something, then I'll change my route and kind of look at that. So I think that that was a low light. Highlight, honestly, just like somehow, some way, there seems to be little hits of money and I think it's beautiful. Can I ask, and be a little bit nosy, obviously you've always been the more free-spirited of the three of us. Thank you.

How do you feel now, obviously, for those who don't know the context, you left your stable full-time job because you wanted to take a contract role at a company that you've always wanted to work for and you knew it was a short-term contract role. Obviously, I feel like we all were hoping that it would pan out into something longer, at this point in time it hasn't you knew that if that happened you would then effectively be jobless at the time you're like it's worth it to have that experience to you know live that life moment that I really want to do do you still feel that way or is it tinged with regret or how does it feel for you that's a great question and genuinely that on its own because that happened

middle of 2025. And then I made it work in some way. I was like applying for jobs. I was a little bit stressed. I was like, oh, I can't find anything. But luckily I had like other things that I could pick up, like hospo shifts. I really had no regrets. And then I got that very short job that unfortunately did alter the trajectory of my life a little bit because I became, I feel like maybe I had like a mild depression. It really, it really, yeah, it was not good and so I think that anything before this one very short stint at this really awful workplace that really messed me up I think that anything before and after no regrets whatsoever and I know it probably seems like that because I'm like I still can't find a job but really like

the in between the like having random shifts here and there and honestly like with this sup app I know I've mentioned it before but just in case anyone doesn't know you can pick up random hospo shifts and you can get like, if you had a shift every day or five days a week, four days a week, you have plenty of more than enough to live on. And I'm like, that's then the freedom in between is making me so happy. And so like, I can just do whatever I want. I have all this creative energy remaining at the end of the day to do whatever the hell I want. And I can do a week on of hospo shifts a week off. The freedom and the flexibility is incredible. So I don't regret that at all. I think I regret maybe the way I went about things or whatever, but I do not regret

taking that opportunity. That's amazing. That's really great to hear. Because I feel like a lot of people talk to us, they're on the other side of it, right? Like they're going, should I make the choice? Should I take the leap? And now like your experience post-leap maybe hasn't been exactly what you wanted it to be, but the fact that you still feel so positively about it is I think amazing. Thank you so much. For me, not that I've shut up about it at all this year, but my highlight is obviously that i'm building a house amazing very exciting it'll be done in a few months a few months yeah they said end of august so i'm expecting end of september because things always delay so we'll see we'll see what happens but that's really exciting i think my low light is

probably also house related and it's not the worst i mean i feel almost bad calling it a low light but it's probably just the anxiety that has come with realizing all of the additional expenses that come with building the house. We did an episode a few months ago on where I kind of chatted through a bit of my experience so far. And I spoke about how there are just so many costs that pop up outside of the cost of building the house itself. And so I have definitely experienced a little bit of anxiety, which I think is also really being driven by the cost of living crisis and the fact that just everything is so much more expensive. It really feels like your dollars are going so much less further than they were previously yeah my low light is probably honestly just experiencing

money anxiety at different points throughout the year I'm totally fine and like we always find a way but it's not a good feeling totally no it doesn't matter what like maybe your money problem is that you're like you're a billionaire and you have this million dollar tax debt or whatever it is like it's like it's all relative isn't it and so I think that like money anxiety no matter what stage of whatever you're in then it's still like so visceral and it's the worst feeling so I completely understand and I imagine it's more stressful because there's more on the line almost just like yeah if you can't afford something then that could mean that this whole dream is like well I don't know if it'll come undone I don't know the ins and outs of it all but I'm like

that's stressful I'm really sorry thank you it is a bit of a juggle for sure is there anything you wish you'd done differently in general or the house but also the whole financial year yeah hindsight's always 2020 isn't it I mean I wish I'd bought sooner I wish I'd invested more in the dip you know like all these things that you don't know that you're in the good spot till you can look back on it be like oh like that was a good opportunity I think all in all honestly I don't want this to be a boring episode but I feel like I've been really steadfast in knowing my path knowing what would get me there and following it yeah and I think like that's something I as an individual am pretty good at is you know and I've been saving this house deposit for however many

years and you know now that I've got the house I'm saving to make up the shortfall and those sorts of things when I'm working towards a goal I am really good at doing what I've got to do to get myself there and so it has been kind of a nothing yeah outside of that like I've I've just kept my head down I've worked hard to increase my income you know via side hustling and all those sorts of things where I could and I have regular goals for like how much I want to invest every month and those sorts of things like I've like clockwork basically same amount goes in every month like I've just got the system down pat it feels like which is probably because you know at the start of the year I reviewed my budget and every year I go back to it and make sure everything's

working I've had to make tweaks here and there for sure like I've had to increase my grocery budget I've had to increase my petrol budget. That means things have had to be juggled around. But I feel like I'm in a very privileged position where, you know, I do have money allocated for discretionary spending. I've said, you know, in recent episodes, like I have money that I save specifically each month to spend on beauty products or clothes or whatever that is. Those aren't a necessity.

And so when I've had to, I can pull money away from that to reallocate it to the things that I do, like food. I honestly don't think I do look back and wish I'd done anything differently. because I think I've staged the course, which is not the most exciting thing to share with everybody, but I'm proud of myself. Yeah. That's amazing. Yeah. I think it's amazing to share because I think a lot of people, I mean, I'm probably guilty of this too, but you just want the juice. You want the bad things. And so even like the, do you regret anything? It's like such a common question. It's like, what did you say you want to do? And you did it. And you're really

happy that you did it, you know? So I'm like, that's amazing. Thank you. Honestly, same. I know it's crazy because of where I am right now. And just like to really, really make the timeline clear. I was with a company for years, took this really short and sweet opportunity and then went into a role that was really, really bad for my mental health. I guess like a lot of people like, oh, do you wish you had stayed a little bit longer until you found something? And I'm like, no, it was the most, it was the worst. And it was the most satisfying way to go out as well. And so I feel like no matter when I left there, I didn't have any money saved. I was just about to go to Sydney on a little holiday I was like I could have done it smarter but I do not regret I don't

regret it I don't regret any of it and I just think that I maybe the only thing I wish I would have done differently is that now looking back I'm like I wish I had just immediately picked up shifts at random places instead of being like oh I could probably chill for a bit you know that's the only thing I probably would do differently but otherwise no nothing I feel like that's a really good feeling like it's a good it's good to say that you know I guess your perspective is always very it's about the journey totally you know it's nice that it can be yeah framed really positively and be like well every experience good or bad yeah has brought us to where we are now exactly and we're happy to be here happy to be here it's so true well let's go to a really quick

break and when we come back i want to talk about looking forward to the future as well as chatting about some of the goals that the community have on their mind for the upcoming year don't go anywhere welcome back everyone before the break me and jess were talking about our financial year that was and now we're going to be talking about our financial year that will be isn't it exciting it's full of possibilities i know isn't it crazy and it's like yeah it really is a nice time to be like oh i could change the whole trajectory of my life right now if you wanted to you could any moment I want to know what are your financial new year's resolutions what do you want to achieve and what are some of your financial goals okay well this financial year I've just just managed

to clear through the shortfall that I had for the house I've mentioned before I spent a lot of money at my color appointments and things like that so I had a bit of a shortfall that I had to build up before the build was done and we've done that which is awesome so now my goal is to save and pay for all of the extra little tasks that I have not yet done. So, you know, landscaping and concreting. I would like to be able to buy a washing machine that doesn't sound like it's about to go into orbit. So it is as much as I've ticked the big goal, paid for the house, done all of that, which is awesome. It does feel like I still have a lot to work on financially in terms of getting me to where I want to be. It's very exciting though, as well, because I'm

getting ready to enter my DIY era, do as many things as I can around the house, which will be awesome. Probably catch me laying my own grass and moving my own rocks. Yeah, girl. Boys can do it. So why can't girls? Exactly. But yeah, I think the big thing is I want to get settled into the house.

I want to make the house start to feel like mine because, you know, it's one thing to build it and it technically will be mine. But I think it's another to make a house feel like a home. Yeah. And that's like a huge goal for me this year. And also just on a less financial side, to fill it with good memories. I know that it'll be a little while before I'm in, but I'm really excited to be able to make it a place that people can gather, have friends and family around and just make

really good memories, have really good times and enjoy the fruits of my labor because I think there's been a lot of sacrifice to get to this point. And so I do not want to take my foot off the gas because I still want to make sure that I'm paying down. like my plan is hopefully to make additional repayments on my mortgage just because having a bit more of breathing room on that would make me feel better but I also am excited to be able to live my life a little bit because I have been giving up a lot these past few years and I'm yeah ready to enjoy everything that that has brought me amazing what about you what are some

of your goals or resolutions I would like to and this is very sad because I feel like it came really far with Sharesies, the Sharesies journey. How much did you hit? I think it was about $2,000. Oh, my God. I know. I know. Unfortunately, I did get into a tricky place, a sticky spot where I was like, oh, probably

like I was glad I had it there, but I didn't know how to withdraw it yet because I purposely didn't want to know. But then I was like, oh, I'm going to have to take this. And so I almost started from scratch. There's a couple hundred in there, which is still crazy. That's amazing. But I am almost starting from scratch again, and that's a shame. And I think that I'm grateful that was there.

So I really want to get back on the Cher Z's train and I really want to save for real. I think that I did have the motivation to save, but I didn't know what I was saving for. It was a bit like, okay, you know, I always say to what end. But now I'm like, okay, I would like to have savings. And I still don't really know what for exactly, just obviously emergency fund and in times of need. But I really want to take that seriously soon. excited. That's amazing. Thank you. Do you have a number in mind that would make it for an emergency fund specifically, let's say? Is there a number that would make you feel comfy? That's a great

question. I don't know. I think maybe 5,000 would be nice. That's a great goal. Crazy. I mean, you got almost half of the way of your investments. Yeah. So you know that you can do it. That's so true. That's so true. You know that you're capable. I feel like. Know that it's possible. Your investing journey has been really good for you because it's shown that you can do it. Yeah. Yeah, that's so true. When we first met, you were just like, well, I can't. That's not my personality type. I just spend the money as soon as I have it.

Yeah. Whereas now you've really shown to yourself and to everybody that you are so capable of meeting those goals and doing those things, which is just incredible. That is so true. And that's so beautiful. I really feel like, oh, the only way I'll really ever have money is if I just like make a lot of money and I just have so much that I can't spend it all. And I'm like, oh, no, I could just like, I can save.

You are totally, you are a capable, wonderful human. and we all believe in you. Thank you so much, Jess. That's so sweet. Are there any money resets that you're going to kick off from the 1st of July? Well, the one that kind of goes back and forth for me is like I would like to not vape anymore and so that's one thing

that I want to kick because it's getting really expensive and I know this doesn't mean much to you because you don't vape but just for context, back in the day, maybe a vape was $30. Now it's $70, $75. Even $30? How long does one last? Oh, a little bit over a week. It depends how much you're like.

No. That's crazy. I know. I don't really think about it in that way. Isn't that crazy? And think about how extensive your medical bills are going to be when you're older. That's true. Medical bills, I'm confused by them.

You just get to ignore the fact that you're kind of killing yourself. I'm confused so I don't need to pay. I feel like I'm being really mean. No, you don't need it. Thank you so much. That's a really good goal. I think quitting the vaping. You've tried before, right?

Yes. and I kind of go in and out of doing really well and then because I think because I do so well at like just not vaping that I'm like, then I take it out and I'm like, oh, that was easy. I can just do that again when I want to stop. If it was really hard and then I broke through and got there, then I would not want to go back to that. But it's because it's like, oh, I just don't vape

and that's actually really easy to do. And so because of that, I take it up so easy all the time because I'm like, oh, I'll just literally stop again soon. I had $280 a month back. I know. That's crazy. That's so much money. That's insane. And so I think that's helping me realize like, oh, okay, I should probably just stop altogether. I'm on board with this.

Thank you so much. What about yourself? I think I want to increase the amount that I invest every month. Like I said, I want to enjoy that I've got a little bit more breathing room in my budget now. And so, I mean, not right now, because right now I'm paying a mortgage and rent. But once I move in, that will be very lovely because I'll have all of the rent money that I was paying free, which will be gorgeous. Gorgeous. So I do want to increase the amount that I'm investing

because it's a little bit lower than what I would have liked. I've had to kind of adjust it over the past few years. So I'd love to get it back up to if I could invest like $1,000 a month, I would feel so good about that. Wow, okay. I know it's a lot of money but I feel like I missed out on a lot of years of investing when I was younger. And it's like that chart we've shared on Instagram

that shows the later you invest, the more you have to make up to take full advantage of being able to retire early or do whatever you want. Not that I know that I'd be in a position to do that. But, yeah, I just want to go a little bit harder on that to make up for the lost time because we all know I didn't grow up knowing anything about finances. But it isn't ever too late and you can always make adjustments,

which I think works really well with what we're talking about today. So true. Now, we aren't alone in this. We obviously asked you beautiful humans, the Gorgeous Shiz on the Money community, about how you're going to reset for the financial year. and beck and i have a few responses that we'd love to share i'll start off with rebecca who says a great name by the way i'm putting more priority into our mortgage and emergency fund i've taken

on a third job that pays monthly so i'll be putting that whole amount into our mortgage each month it's not a lot but will certainly help and i'll be allocating the income for my second job also pays monthly to an emergency fund which will be in our offset account whoa three jobs crazy But Rebecca has just taken both of our goals and slapped them together. I know. So you're doing double the work of us, Queen. Good job. Seriously.

Wow. Impressive. That is incredible. Tegan said, I want to invest more than $100 a fortnight, which I think is an awesome goal. Yeah, awesome. Little incremental changes, it's the way to go. Totally. That's how I started.

I think when I first started, I was investing maybe like $20 a week. Yeah. And now I've gotten to the place where I'm like, oh, I'd like to be able to invest $1,000 a month. That's insane, Jess. That's so cool. Oh, my God. Good job, T. This next one comes from Jamie Lee who says,

I want to clear my HECS debt I could do with the pre-tax deduction actually being take-home pay. So true. Okay. I feel like HECS, it's not my biggest motivation, but I'm curious to know what it would look like if you just, like, got rid of it, you know. So keep us in the loop.

Oh, please. Yeah, everyone that we're reading out, I would love to do a check-in with you guys in six months or something and see where you're going because there's nothing more motivating to me than seeing people go, okay, I want to do this, and then coming back and saying, well, did you do it? How did it go? Yeah, totally.

We're going to keep each other accountable. Renee said, we want to build up our savings. We are a month into our first mortgage, so keeping on top of that and paying off of our personal loan is our big goal. Gemma says they want to stop booking holidays. They're great, but I need to pause and put money aside for a new slash ex-demo car in a couple of years and or an investment unit.

Okay, Gemma. Okay. Gemma, you've just reminded me actually that's another goal I would like to add to my list for this financial year is I would like to go on an overseas holiday. Okay. Because it's been quite a few years. The last time I went was, I think, Japan, which was three years ago. Wow. It's been a long time. So I would really like to go on a holiday this financial year. Oh, gorgeous. I'll take some of Jenna's energy, seeing as you're giving it away. Hell yeah. I've got one from Monique who said, I want to become debt-free,

safe for our first holiday in four years and buy a car outright yeah cool snaps and claps for you Monique so when everybody's thinking about your goals and what you want to do I want you guys to make it an actionable plan yeah like I want you to think about well what is achievable it's one thing for us to sit here and say oh I want to do this and I want to do that but like let's use this time to really plan and say well what do I need to do to make that happen do I need to pick up extra work or do I need to rejuke my budget or do I need to be really specific what is the acronym Same, smart, specific, measured. Achievable.

Achievable. Oh, is it? Attainable? Same, same. Reasonable. Oh God, do you think we know this? Tangible. This is why we're not allowed to do things by ourselves.

Yeah, we need Victoria. Truly. Okay, SMART goals are specific, measurable, achievable, relevant, and time-bound. Oh, relevant? Doesn't need to be. You can dream big. You can dream big. Absolutely.

Set your SMART goals, everybody. Or alternatively make them, what did she say? Measurable, reasonable. Tangible. What was the R? Reasonable. Sorry, yeah, that's what I just said. Oh, gosh.

Yeah, I don't think they need to be relevant. Let's swap that one out for sure. Next, we have Jade who says, survive parental leave without going broke. Yeah, yeah, yeah. Congratulations, Jade. Congratulations. That's so true. That's really exciting.

I don't know as well about the parental leave situation. I know that there's sometimes work but not always work, sometimes government but not always government. It seems very complicated. Complicated. But you can do it. You can do it. Very excited for you.

Very exciting. Catherine said she's got her house up for sale and they will be going mortgage-free by buying in a cheaper area. Amazing. Mortgage-free. Imagine that. Literally, that is the dream that I aspire to live. Seriously. I only just got a mortgage and I'm like, get rid of it.

Yeah, I don't want it anymore. Do you still have to pay land, something? You'd still have rates and things like that, I think. Is it just as expensive as rent or not really? Rates? Yeah. They only come once a quarter and it really depends on where you live, but it would not be as expensive as your rent.

Once you've paid off your mortgage, you're living pretty good from my perspective. Okay. Incredible. Oh my God. Congratulations. Okay. Emily says, pay off all consumer debt, no spending days and trying really hard to stick to my budget.

You can do it. That's a good goal. That's a good goal. I love the no spending days as well. I've been trying to implement those too and I think they're really good as just a little circuit breaker. We believe in you, Emily. And the last I'm going to read for today is from Kelsey, who said,

I want to get my offset to $100,000 to lock in debt recycling. I'm currently only at $28,000. Amazing. Impressive goal. Only $28,000? I was going to say, only is definitely not the right word. No way. That is impressive enough on its own, but I love that we're setting big goals.

Because whatever you want to achieve this year, guys, big or small, I really think you can do it. I truly, truly believe it. Also, debt recycling. We do have a whole episode on that. I've already forgotten it, but it sounds great. We'll link it in the show notes if you want to give it a listen to give you a little hand on your journey.

Yeah, absolutely. Thank you for sharing your money resets with us. Thank you so much. This has been a really cute, cozy, like indoor rainy day. I hope you guys don't mind that it was just a little bit of fun from us. A little bit of championing. If you're listening to this right now, I want you to know we believe in you. Yes.

Whatever you want to achieve this year, you can do it. Just make sure that it is specific, measurable, attainable. Attainable, responsible, reasonable, tangible. I'm so excited to hear about all your goals. If you've got one you'd like to share, definitely leave it in the comments on Spotify. We love reading them. But I do fear that that is all we've got time for today. I hope this episode helped you consider a money reset of your own.

thank you so much for joining us and we will catch you later in the week for friday drinks bye guys 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. you