She's On The Money - How to Recover After a Financial Mess

Episode Date: August 8, 2023

It's inevitable in life that we will face many stresses, and financial problems are amongst the most common causes of stress and relationship breakdowns. Yet when we are in the depths of it, there can be tremendous shame, loneliness and a sense that there is no way out. So on the show today we discuss how to recover after a financial mess. We'll take a look at resetting your mindset, and some practical tips for turning things around. Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements. The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs.  Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708,  AFSL - 451289.See omnystudio.com/listener for privacy information.

Hello, my name is Natasha Nabanunga-Bamblett. I'm a proud Yorta Yorta, Kernai, Wolperi and Awadjeri woman. And before we get started on She's on the Money podcast, I would like to acknowledge the traditional custodians of the land of which this podcast is recorded on Awadjeri country, acknowledging the elders, the ancestors and the next generation coming through. As this podcast is about connecting, empowering, knowledge sharing and the storytelling of you to make a difference for today and lasting impact for tomorrow. Let's get into it. She's on the money.

She's on the money. We will face many stresses in our lives and financial stress is the most common. Yet when we are in the thick of it, there can be tremendous shame, loneliness and a feeling like we'll never get out of the hole. So today on the show, we're going to discuss how to recover after a financial mess. And joining you today on the She's on the Money are two women who have been in financial messes and gotten themselves out. My name is Bex Syed and joining me is Victoria Devine. Hello, my friend. My financially messy friend. Is that where we're going with that intro?

Yes. I feel like it is so true. And that is exactly why the She's On The Money community exists. I have been in a financial pickle or two in my lifetime and so have you, Bec. So I feel like we created She's On The Money. I mean, you didn't create She's On The Money. I did. But then the second I met you, I was like, you're gonna come with us. I'm very grateful. It's kind of like a little cult. One that I want to be part of. Yeah. Like, I mean, it's all positive, but I'm sure every cult leader says that. I guess that's why She's On The Money exists. And I really created honestly to create a space to discuss and support people during their financial journey because honestly before I started She's On The Money there wasn't a place online that I felt

like I could ask money questions or seek tips and tricks or feel comfortable being like hey how do I xyz and while I was out of that financial pickle when I started She's On The Money I just knew that there were so many people in the same situations as me and I kind of just I have that is it like a saviour complex. I feel like that's what I've got. I see what you're saying. Pick you up and help and hug you and put you in a better position. And like, that's my way of doing that. So yeah, I get that. Maybe culty, maybe not. And obviously finance is a massive journey and I feel like it takes lots of different twists and turns and we go through so many different seasons in our life. So I think it's so important that we kind of embrace that and talk about it and how much

richer are we having known, I guess, other people's journeys and what they're going through and just this idea that you're not alone because as you said in the intro it can be lonely you can feel shame you can feel like you're never going to get out of this position you can't see the light at the end of the tunnel and then you've been through it now you're out the other side how much better is it it's so much better and i totally know what you mean it's kind of like you're also doing this for the younger version of yourself the one that was lonely and the one that did feel shame and the one that was embarrassed yeah she didn't deserve that She didn't deserve that.

And there's no place for people who have something really, really, not embarrassing, but when you're in the moment, you feel embarrassed. You feel like it's embarrassing. You know, like I was too embarrassed to say, I have so much debt that I've accumulated on my own. You just worry about that kind of thing. Exactly. So this is a really good place for us to be.

No judgment ever. No judgment ever, ever, babes. But there is a new NAB survey that has recently come out and I found it really interesting. It surveyed 2,000 Aussies and it found that 40% of people were experiencing some form of financial difficulty. Where are those 40%? Because I feel like all I'm seeing on my feed at the moment is Europe trips. So like that's not reflective of my experience of social media, Bec. That's very true. But it's also comforting to know, but like sad in a way, but also comforting to be like, hey, there are people out there that are just like you. And the fact, oh my gosh,

this one had me riled up. Someone from the RBA, not to name names, came out and said, Oh, did you see all of the spending that happened on Taylor Swift tickets? Obviously, Australia is not under so much financial pressure as we once had anticipated. Bec, do you believe that because we all bought Taylor Swift tickets, we are financially stable? No, but also really there's like how many people in Australia? 23 million or something? Yeah. And what, like maybe 1 million people bought tickets?

Not even. Not even 1 million. Because there wasn't 1 million tickets. No. I did the math. So the MCG, I've done the maths because I wanted to know my probability of getting tickets, which I will have you know I did get tickets because I am a hustler if anything I didn't get them because I work in media because Bec you and I both know Taylor Swift tickets weren't actually

available to anybody working in media and we you and I we work for a radio station yes a radio station who not to throw them under a bus I love you dearly but we thought that we might get early access because one of the benefits of working in radio right is that often you get like the pre-sale for industry peeps. She didn't do that. So I did the maths. MCG, it holds a hundred thousand people. She's now having three shows. That's 300,000 tickets. On the day, there were more than 8 million people trying to get tickets. Obviously we just love Taylor Swift. Like it's not actually about whether we can afford it or not. I feel like there was so many people who probably went into debt to get Taylor Swift tickets. Exactly. But she's an icon. It's like when

you're sick at home and your mum sees you laughing and, well, you mustn't be that sick. Oh, you're not that sick. What do you want me to do? Sit here and just cry all night? No, you've got to laugh where you can. It's exactly the same thing. It's literally the same thing. How rude. It's so annoying. One out of 10 for that comment. I'm sure that they've won a lot of friends making comments like that. I'm not one of them. Also, that survey tells us that the number of Australians

that are under financial stress is currently at a three-year high as households struggle with the rising cost of living and all of our interest rate hikes. Feel like that makes a lot of sense. And then it has been said that this is, quote, the highest number since the start of the pandemic and it includes those struggling with paying bills, covering rent or mortgage payments, paying for food and basic necessities

and having any money for emergencies. I feel like that all makes sense. It does. RBA, I support you guys. You're trying to bring down inflation and look after the economy, but you don't need to say daft things that make everybody angry. Yeah. And make us feel like you really don't get it. You're just outing yourself as someone who just doesn't get it at all. So that's very annoying. But you know what? The figures you just read out, it doesn't surprise me at all. Like I have been bankrupt before, as you know,

and I understand that it's a common experience. But it honestly is. It's such a common experience, according to the Australian Financial Security Agency, there were 2,494 personal insolvencies in the March quarter 2023 alone. So that's not like per year, that was in a quarter. And I feel like those things are only going to increase as financial pressures, I guess, increase over time. And it just really sucks because obviously this is my space. Like I spend a lot of time reading about it and learning about it. And I mean, I now have my own column, so I write about it and I'm just obsessed with this space. But I also know that the worst has not come and I don't want to be that doomsday

predictor, but there's absolutely no way that the RBA can't raise prices again. Like they're going to raise the cash rate. It's going to have to happen because inflation has not been chipped away enough. And ultimately the reason they're doing that is actually to put us in the best possible position, but it doesn't feel that way, does it? It feels like they're just kicking us while we're down when that's not the case at all. So I think it's like, we need to have this balanced view of they're doing the right thing for the economy. This is just a bad time. We're in a little bit of a pickle. And I guess that's what this episode is about, right? Yeah. Scary though. Oh my goodness. But V, we go through many stresses in life, but it won't surprise you

to know that financial stress is one of the leading contributors to separation in Australia. Really? Yeah. I had no idea. No, I definitely knew that. Relationships Australia actually says that financial stress is one of the main contributors to relationship breakdowns and also stated that seven out of ten couples find money causes tension in their relationships.

I feel like money causes tension in every part of everybody's life. Yeah, I think so. It's sad, isn't it? It's not nice. It's not nice. It's one of those things that I wish I could just take away because it's also the mix of money stories. Like we spoke to a money diarist today, actually, to record an episode for the future. And the episode was, I don't know if it's come out or not yet, but it was with a diarist who was in her 50s and she's recently separated. And it was because of financial stress. he and her were on such different pages she was a saver he was a spender there was you know obviously a lot more going on under the covers i think but this idea of having not just like

financial stress right yeah because if you're on exactly the same page like you know beck if we're in a relationship and you and i we're working towards buying our first home yeah but we're both just as committed and i go beck it's noodles for dinner tonight you go yeah no worries like you don't care because we're like working towards the same goal exactly but if you were salty that oh well why can't we have steak yeah be like oh we're trying to save and do this and do that like it would be honestly exhausting so it's not just oh beck we're going through a financially tough time because sometimes those couples that are on exactly the same page during tough times they just become a bit tougher they go oh this is real trash but we're in it together and you know we

have to do beans and noodles for weeks on end. And maybe they both get it. But I think when you have different money stories and maybe one person is a spender and one is a saver, it just becomes even more exasperated. Like it just gets worse and worse. Like if you had a partner who was a spender and you're trying to save and everything just feels expensive and you feel like they're being really frivolous, that's going to cause so much friction. Like that's going to cause like disrupt in a relationship to a point where it might not be able to be resolved. So I think it's important to point out that it's not just necessarily, you know, not having enough money. Sometimes it can be not being on the same page about money or maybe you've been in a relationship. I can't relate to

this and I don't think you can either. Well, money's never been a problem. Right. And then all of a sudden something happens and it is and you realize that, oh wow, we're definitely very different people, I didn't think this would happen. Money's fickle. Money's fickle. It's fickle as hell. It ebbs and flows. It does. This might be different for different people, but are there different phases in our lives where financial stress is more common? Yeah, I talk about this all the time, as in the different seasons you go through in life. And sometimes you're going through a season where money's hard. Like maybe, and this is the most stereotypical example, but like maybe you're newly married and have a young kid and you've

got a mortgage and the interest rate has gone up and everything is just stressful because it's not panning out the way that you thought it was. And I think that those seasons of life, we need to remember that they're not forever. Like you're not always going to have a newborn be stuck at home on maternity leave and, you know, only be living off one income. Like your time is going to come around. But I think during these periods of time, we put unnecessary pressure on ourselves because you're like, I used to be so good at saving. Yeah, but things are different now, like your whole entire life is different like maybe you've just come back from overseas and you don't have as much savings as your friends or your family like there's going to be different

seasons and as you said before money ebbs and flows but what the research tells us is and there was a US study by Bankrate and this is recent so it's from April 2023 it said that middle generations are more stressed about money over younger and older generations with 60% of Gen X So those people between the ages of 43 and 58 and 55% of millennials, which I fall into, so that's people between the age of 27 to 42, reporting that money is a large source of stress. Yeah, okay, okay. So it's not just in the US.

I feel like money stress is universal. It's kind of comforting to know that other people are stressed about the same thing. No, no, no, it is. You're allowed to be comforted by the fact that it's not just you. Yeah, yeah. I feel like you said it at the start, like money can be isolating. It can feel lonely and like you've been through it before. I used to literally lie about how much debt I was in.

Yeah. Like I didn't want to talk about it. Yeah. People would be like, oh, do you have debt? Nope. Don't know what you're talking about. Absolutely not. Like what do you mean?

Of course, me? No, never. Yeah. You look back on it and I'm like, do you know how much additional pressure that put on me? Like I'm not lying to make it easier for myself. In fact, if my friends had known, they might have suggested different activities or, you know, different things that we could have done or put less pressure on me to, you know, save as aggressively for things.

Like, it's so silly to be hiding these parts of our money story because we think that there's shame associated. Bec, if you told me that you're in debt now, I'd be like, yeah, okay, what are we going to do about it? Is there anything you need from me? Like, it's not a issue, I don't think. Like I think it's something that how powerful is it when you go, oh, no, I am like just trying to work it out. Yes.

Let's get it. How good. Let's do it. Absolutely. I really, really like that. It's just so important. It's so important. And obviously I think that we need to give ourselves a bit more compassion.

Yeah, absolutely. Let's be kinder to ourselves. I agree. I think let's take a quick break and after the break we'll go into like the practical tips and what to do to recover after a financial mess. We deserve a treat. So let's go to a break. Let's go to a quick break. let's get back into it i'm really excited so v you and i made a list we did make a list we didn't

check it twice we didn't check it twice so this could be a little bit rogue but it wasn't christmas time so no one reminded us to check our list twice but we did make a list of people who were naughty and nice just for the sake of it just for the hell of it but we also made a list to kind of figure out what we can do and like kind of take steps toward recovery after a bad match yeah so what was first on our list? We have eight points that we have come up with. Yes. Do you mind if I you take it away, my love? Okay. Well, I'll just go with the first point, everyone. So take note, assess your financial situation. Start by taking a close look at your income, expenses, debts and assets, if any. I always put zero dollars for my assets because unfortunately,

that's where I've been. You've got some pretty cool glasses on. I'm probably plus $20 up. Yeah, all right. Big dog energy. Thank you. You also have a broken Fitbit. I do. I know I got a new Oh, big dog energy. Cost me about $3 for this band. Oh, very nice. Straight after that, you're going to create a comprehensive list of your financial obligations, including any outstanding bills, loans, or credit card debts. This is the stuff that makes me feel overwhelmed.

Yes. So I feel like this step is the hardest step. It is. So when you're in debt, Bec, how much persuading would it have taken for me to sit you down and be like, Bec, let's look at how much you earn, how much you spend, what you owe, and what you own realistically and I know this for sure I would never have done it and I just would have been like nah thanks yeah I would have probably to make the situation less awkward I would yes I'm gonna do this but I would never to make it less awkward for both of us I'm just gonna

lie to you through my teeth but I just know I was not in any place to be doing anything like this is very scary and very I don't know it just kind of like puts it into perspective what was the like tipping point for you to actually sit down and go I need to get my stuff together well it's when I moved to Melbourne and I had like I hope no payday loan companies are listening to this but I had I hope they are they need to learn a few things maybe they do but I just got a few don't come into our games about sponsoring us because I'll say no no I also hope no real estate agents are listening to this oh no we like real estate agents we do but I had just been approved for a unit by myself a one bedroom yeah but I didn't have any money I had no money I don't know why I even did

this. I don't know why I applied for this place, but I had to get like literally three or four payday loans. Is that what they're called? I don't know why I keep forgetting the name after I've said it. It's good to forget that they exist. It is a good idea to forget about them as soon as I mentioned them. And then I was so snowed under. I had so many different debts from different places and I had no way to consolidate everything. And so that's kind of what made me think I need to do something. Maybe I need to do something about this. It's true though. I feel like these are the conversations we need to have because how many times can I sit down and be like, okay, you need to look at your finances spec. We need to look at what you earn, spend, own and own.

You're going to be like, yep. Okay. That's a good idea. You're going to pull this podcast out of your ears and then you're going to go and probably tap on your credit card to get another coffee. Yeah. We're not crucifying the coffee, but I think it's so important to just go, you know what? We know what's hard. We've actually been there. I tried to get out of debt because I got in a relationship and I didn't want to tell my now husband that I was in personal debt yeah I was mortified I was like oh this is so embarrassing because when we got in a relationship I had a really good job I just started my business like I was bopping along like on paper if I didn't tell you all the bad things I looked really good right but I didn't want to tell him that I had this

massive debt that's embarrassing like I just feel like it shouldn't be no no absolutely not and like I only had the remnants of debt. Like I'd paid most of it off, but I was still mortified by it. And you know what? If I just told him, do you know how much less stress I would have been carrying? I know. Do you know what? He didn't even care when I finally did tell him. He was like, okay, and? And I was like, is that it? That's your response? That's your response? And I've been working this up in my head for months. Okay, no worries. Yes. Yes, exactly. My favorite tip. so we're moving on to number two. So we've decided to look at our financial situation. Number two is creating a budget. You still haven't done this? No. No, but that's okay. I'll sit down

with you later and we can absolutely do this. Thank you. I think that developing a realistic budget is really, really important because at the end of the day, a budget, it's not about restriction. It's about understanding how many dollars come in, how many dollars go out and where they're flowing and what they're flowing to and from. And that to me is really, really important. Bec, why haven't you got a budget yet? Living in denial for me is comfortable right now. It's not getting me anywhere. Big river. But I should be really doing it. I'll do it for you. How about that? I would love that. Is it a deal? It's a deal. We're shaking hands. It's a deal. I don't know if anyone on the pod can hear us shaking hands, but just know that we're shaking hands.

We can high five. Ready? Okay. Ready? That was a terrible high five. Oh, true. Oh, we recorded the video of that. It was a good sound of high five, though.

I've got proof. Yeah, yeah, yeah. All right. Oh, my God, I'm scared. So Beck is now going to create a budget. You're not in a financial pickle anymore, but that would turbocharge you to, like, move forward and smash some goals, I reckon.

Kind of. Like, I don't have any savings still. That's okay. And I haven't told anyone this, but I have $10,000 worth of Victoria fines that I need to pay off. Slowly, slowly, slowly. We can work that out. What's number three?

Okay, so let's go to number three. Seek professional advice. Consider consulting a financial advisor or credit counsellor who specialises in helping people recover from financial difficulties. They can provide personalised advice based on your situation and help you create a plan to get back on track. They absolutely can. I have ranted and raved about the National Debt Helpline 600 million times.

The National Debt Helpline are your friends. I promise they are not scary. I feel like picking up the phone can be the hardest part of that though. So pick up the phone. Go have a chat to them. This is awesome. Oh, nice. Because I don't know if this makes you feel better or worse.

Guarantee there's a worse story that they've dealt with, if that makes you feel any better. True, true, true. I guess it kind of does and doesn't because I feel bad for whoever that worst story is. I know, but I think at this point in time, if you're just trying to take the first step, you're probably feeling like, oh, my gosh, they're going to judge me. They're going to think this is the worst ever. Babe, they're not.

No. Like they've seen it or whether they've heard about it, Like there are going to be people out there literally in your shoes. And to be honest, I guarantee the second you pick up the phone and have a chat, you're going to be like, oh, they were really nice. And then they're going to go, oh, I've done this before. Getting back in a better position. So easy.

Let's do it. Yeah. How good's that? That's so true. 10 out of 10. Number four, prioritise debt repayments. So this one can be really hard and there's lots of different methods we could implement. But if you have lots of different debts, I would look at focusing on paying off high

interest debt first while making minimum repayments on other debts. So consider your debt consolidation options as well. So if you have multiple debts like you did, Bec, maybe we need to talk to someone to consolidate them all together. I do think that balance transfers on credit cards can be helpful, but they can also just end you up in a bigger pickle at the end of the day. So definitely go back to point number three and seek some professional advice because they'll be able to send you in the right direction. Because as much as that can be a good

option, I don't want to be a Debbie Downer. But sometimes debt consolidation is not possible. So if you've got a really low credit score or you don't have a lot of income and you have a lot of debt, you might not be in a position for that to be an option. But I think we should look into it regardless. Yes. Very good point. It is not always possible, but have a look, see what you can do. I agree. Now, number five, negotiate with creditors. So if you're struggling to meet your debt obligations, reach out to your creditors and explain your situation. And they may be willing to negotiate new repayment terms, lower interest rates, or even accept a partial payment to settle the debt. I feel like everyone should do this regardless. So yeah.

First question, have you reached out to Finds Victoria? I haven't. All right. Well, what are you doing? You're not walking the walk, are you? Oh yeah, I didn't even know that was a thing. Can I do it? I love fights like this. Like, maybe I could. Yeah, let me add it. Oh, my God. We'll write a banging letter.

Okay. So, this is going to be a good example. You've got, what, $10,000 worth of fines. I think it's like $8,000 or $9,000. Jeez Louise. I know. Are we allowed to know what you did? Is it real naughty?

No, you're allowed to know. It's just a bunch of, like, speeding fines and stuff that just accumulated over time. Yeah. And paying $70 a month over 10 years. And I don't really want to be doing that. No, let's try and renegotiate that. That's a very good idea, V. I think it's a good idea.

Okay. Let's work it out. Let's work it out. I think it's quite smart. Can I add on to that? Sure. So not just creditors, your bills. Try and renegotiate it. Yes. So as you guys know, I love a good deal. A few of the girls in our team have been jumping online to their bill suppliers. What's the bill suppliers? Who is it? Like your utilities. So they've been jumping online and they're looking at their phone bills. They're looking at their water and their electricity. It's honestly, Bec, become like a game inside group chat. Like we have Slack for work and I swear the She's On The Money group chat is just people in my team bragging about how they got a better deal. So a lot of them are with the same phone company, the one I'm not with, which

is obviously not as good as Amacium, but that's fine. If you guys want to waste your money, no worries. But they've been negotiating to get like a different deal. So one of them was like, oh, I'm paying $60 a month for my plan. I'm getting 60 gig. And another was like, ah, that's a bad deal. You should be getting 100 gig for X amount. And then they're trying to negotiate it with the people online. But the coolest thing I didn't realize is lots of utility companies have online chat.

You don't even have to call them back. You don't have to be assertive vocally. You can just type out the, no, I would like to see if there's a better deal. That's a little bit comfier. It's so much more comfy. It's to the downfall of our utility companies, though, because all these millennials, Gen Zs. Oh, we can type.

We can type. We can type a big game. We are keyboard warriors. Yeah. Who do you think invented the troll? Exactly. Exactly. We're going to get a good deal.

But no worries if not. No worries if not. Thanks for looking anyway. So definitely try and negotiate with your creditors. But also, what bills can you bring down in the interim without a lot of confrontation? We love that. Let's have a little look-see.

What's next? Number six. Numero six. That sounds very classy. Yes. Look to see if you qualify for any government support programs. Genius. You may be eligible for things like income support payments,

housing benefits, healthcare subsidies. Check with the relevant agencies to determine if you qualify for any support. Genius. I just think that's blanket. That's a great idea. National Debt Helpline is going to know about that. Centrelink is going to know about that. There's lots of places you can go.

I feel like the best thing you can do is Google financial support programs on your state and a lot will pop up. Yeah. Genius. Have a little look-see. All right. Number seven is arguably my favourite and should have been higher. We should have really done this checking list twice thing, Bec. Maybe, but we want people to remember. All right. So because it's almost the last thing. It's almost the last thing. All right. So this one is build an emergency fund when you're in debt. I think a lot of people think that they need to build an emergency fund once they get out of debt or that no no no I shouldn't have money sitting to the side if I'm in debt it should go to debt repayments like I totally get that mentality but I think it's so important to start setting aside

a portion of your income into an emergency fund obviously the goal might be whatever you want right it could be three months worth of your expenses or six months worth of your expenses but I promise if you're in significant personal debt or you're in a little bit of a financial pickle, that's unrealistic. So let's start with $200. Then let's talk about $500. Because if you're in a financial pickle and something else pops up, the only option you're going to have is to go into more debt to pay that off. That's true. Do you know how empowering it is if you're in a bit of a financial pickle and, you know, a bill pops up or you get another speeding fine, like Miss Beck across the table who thinks she's Speedy Gonzalez, you can pay it. How empowering

that on your journey of debt reduction that you don't have to join back into the spiral of going back into debt. That's so true. You can go, oh, my emergency fund paid for that. Look at my good financial planning. Look at my changed habits. You're going to feel so empowered when you need to use that emergency fund because you're going to be like, this is exactly what I've been planning for. Yeah. Like no one plans to take on more debt. No one wants that. But life is very, very unpredictable. And I think that one of the things you can do while in debt to take a lot of the pressure off and start creating good financial habits is to actually just have an emergency fund that you can rely on a little bit so that you don't feel as, I guess, bound to debt repayments.

I think it's really smart. That is very smart. What is the last tip, Bec? Yeah, so this one I would arguably say is maybe the most important, more important than that. No, there's no such thing that is more important than an emergency fund, Bec. I take that back. Number eight, stay positive and patient. Oh, we did write that one down. I like that one. I feel like it's really important though. Exactly. Like recovering from a financial mess does take time and persistence. Just avoid getting discouraged and stay focused on your goals. Celebrate small victories along the way and keep working toward long-term financial stability. You will get there. It does sometimes feel exactly what you said, like you're maybe

stuck in this cycle, like you're stuck in quicksand because something pops up and you're in debt already. You're going to go into more debt and et cetera, et cetera. This is why an emergency fund is important, whether it's $10 a month, $5 a month, whatever you can afford. Just put a little bit aside and stay patient with yourself and be kind to yourself. Yeah, no, I love it. All right. Well, I think unfortunately that is all we have time for today, but I guess this entire episode is hopefully making you feel a little bit more empowered, a little less alone, this stuff can be really hard. And if you're not in debt and you've just listened to this whole episode,

I promise learning more about this is going to help serve, one, our community so that they feel more heard, but also you're going to run into a friend or a family member who's going through this and some of these tips or tricks or even just level of empathy can actually help them feel so much better about their journey. Very good point, V. So stick with it.

You're all doing a great job and I'm proud of every single one of you. Yes, we are. We love you. We love you. We'll see you on Friday. Have the best week. 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 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 MoneySherpa PTY LTD ABN 321 649 27708 AFSL 451 289. Thanks for watching!