She's On The Money - MONEY DIARIES: 25, a lawyer and has bought three properties with no guarantor

Episode Date: February 28, 2022

HELLO ANGELS and happy Monday! This week's diary is an epic one from a hustling young lawyer who's throwing the narrative that millennials can't buy property right in the bin. We adored our chat with her, and just know you're going to as well!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 is an Authorised Representative of Infocus Securities Australia Proprietary Limited ABN 47 097 797 049 AFSL - AFSL 236523.This year our Money Diaries are being brought to you by the legends at Shopback! Check them out at https://app.shopback.com/aus/partner/SOTM and you'll get a cashback bonus when you sign up!See omnystudio.com/listener for privacy information.

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. Welcome back to another Shop Back Money Diary Monday, where Victoria and I get to chat to one of our gorgeous community members and learn about their story and their journey and their struggles and everything that happened in between. Victoria, I've got a good one for you this week. I feel like I say that every week, but are you excited? I really need to get a better introduction because every week we're like, we've got a good one. And it's like, well, Jess, of course you do. You picked this one to go on the show, but you've been hyping this one up saying

that I'm really going to enjoy it before we actually started recording, which is always a good sign. So, without further ado, Jess, let me know what your money diarist had written into us. So, she said, she's on the money helped me build my first home completely on my own with some help from some government schemes. I helped my partner build his own home right around the corner. And then we also purchased an investment property together in Adelaide at the end of last year and we're able to take $60,000 each in equity on our builds. What? Yeah, exactly right.

Little property mogul over here. I'm very excited as someone who's going through the process. Oh my God, I love that. To hear about it. Money Diarist, hello. Hi, Vic and Jess. Lovely to meet you. Lovely to meet you as well.

And thank you for coming on the show. I'm so excited about this. You're like a property mogul and you're like 12 years old. It's great. Paige, let's get straight into it. Can you tell us a little bit about your money story? So, my money story growing up, there wasn't really anything. I grew up in a family where they didn't discuss finances or anything like that. And my parents separated when I was 18. So, it wasn't like it was difficult while I was growing up. We'd go on holidays every year and

we'd always travel. And they didn't really have any investments. They never spoke about shares because they didn't invest in any. But then, yeah, I went through a breakup at one point and I thought, let's start listening to podcasts to spice up our life. And I remember listening to the first episode of She's On The Money. It was like around summer 2019 from memory. And yeah, I just was really distracted by the podcast and I've dedicated my whole life to listening to it. so then oh my god it's really sad no what do you mean really sad you can't say that to me you're like oh it was really sad have you heard of this podcast she's on the money I would tell everyone about it and I would like count down the hours to like listen to it like

she's on the money episode tomorrow so um yeah it really just changed my perspective on everything and I started being really savvy with saving and you know I'd always been like I'm Greek So, I am naturally a saver and I'm kind of stingy, but she's on the money, like just encouraged me to do something about that and actually learn what investing was and how to do it, which was really helpful. My heart. I can't tell you how much that means. Honestly, obviously I'm quite biased.

I also tell everybody about it and she's on the money, but it is for different reasons. But it honestly makes me so happy when I find out that our community genuinely gets a lot out of it personally. It's not just like, oh, hey, we really love listening to the podcast. I'd be like, great. But like the fact that it has impacted your life so significantly, like, oh, I love it. Anyway, let's stop talking about that. I want to know some more pervy details.

So my friend, what do you do for work and how much money do you earn? So I'm a lawyer. I was just recently promoted as well. yeah it was around the end of last year so I'm still coming to terms with the salary I'm on 90,000 plus super so it's still you know a first year lawyer position but I think that's great 90,000 plus super is a good inning I'm pinching myself every day like how do I deserve this no you just you don't have to pinch yourself over that can you remind us how old you are money diarist? I'm 25. No. See, exactly. She's like 12, Jess. She's like 12 and she has investment

properties and she's a lawyer. Like, if this isn't badass energy, I don't know what it is. Am I right in thinking as well that as a lawyer, you get incremental increases annually, right, to your salary? Yeah, correct. Because of COVID, it kind of dropped to around 2%, but yeah, yeah, it's around that mark. Incredible. And are you happy with that? Like, I know a lot of people like, oh, I only get X, Y, Z. Like, how does that make you feel knowing that that's, you know, a part of the agreement? I love that because I know my salary is going to increase even if I stay in the same position I'm in. So, it's really nice to know. It's nice to know that you're not going to be behind even if you stay in the same role because obviously with indexation, everything

over time is going to get more expensive. So, yeah, I absolutely love it. I feel like it is fair. Like, I feel like everyone should be doing that. Yeah. I won't go on about that too much. Money, Doris, it sounds like you've already achieved a number of really big goals, but what are your big money goals at the moment and how are you planning to achieve them? So, I have small money goals at the moment. I think I really need to buy a car. I'm like you, Victoria. I just drive the worst car ever. The sunroof won't close. Excuse me. My car is not the worst car ever. She is a tried and true and sturdy beast. Okay. Well, mine's not good. So, using the equity that I've just taken out, I'm going to buy a car

and then I live in Geelong at the moment. So, I'm hoping to move back to Melbourne and buy a house at the end of the year. Oh, my gosh. Exciting. Will you be doing that with your partner? Yes. Very, very exciting. So, next question, and I feel like we know some of the answer to this, but you can answer it a little bit more holistically for us. Do you currently have any investments? Yes. So, I have a property in my own name, Angela. Like not shared with your partner at all?

No. And you're 25? Yes. So, you have a property in your name. Any other investments? A joint property with my partner, an investment and just super. Oh my gosh. Can you tell us a little bit about the property that you have in your own name? How did you save for it? How did you get into the market? How have you done it? Please tell us the steps. So, all the grants that you can possibly think of available to a first home buyer, I have used them. So, first home super saver, I was putting my money into there and salary sacrificing. Smart woman. The grants. So, not only did I receive $20,000 for building regionally,

I also organized it at the time that they were having the COVID grant where you could get $25,000 for building. So, that happened. No stamp duty and then also the 5% deposit that I only needed to put in 5%. Oh my gosh. So, how did you also tell us the deeds? I need to know. How did you save the 5%? Yeah. So, it was really all in the first home super saver. So, I think I took out $30,000, but then after tax, it became around $24,000 or $26,000. I can't remember exactly. So, that was pretty much enough for my deposit. And I think I had on top of that a $10,000 and leeway as well. Oh, awesome. And more pervy details, please. I do apologize, but I know everybody is desperate to know how much did your property cost and what type of

mortgage are you sitting on now? I have this. Oh my gosh. Do you actually have it all ready for us? Of course. She looks like she's one of those people that would be super prepared for everything. I love it. So I built my house for $415,000. Oh, cool. Yeah. It was a really cheap, it's a four bedroom, but the area is an, it's a new growing area. So not many houses around. So the land was pretty cheap. That's okay. Yeah. And it finished in November, 2021. If you count the flooring and fencing and landscaping that I did on my own, I'd probably say I spent all up $425,000. That's incredible. That is such a good price for a property. That is such a good deal. And this was purchased in July 2020. So,

I think it was when people weren't really buying anything yet and the market hadn't kind of risen. And my mortgage currently is $398,000, but I'm about to take out some equity. Very cool. Oh my gosh. You sound like a hustler. I love this. And the reason I ask all these questions is because I think a lot of people make these grand assumptions and I'm sure you would get this as well. Like, oh my gosh, well, she's 25 and has a property. Therefore, her parents must've just guarantored that and like bankrolled it. And so, I really like knowing those pervy details because property feels so far off for so many of us, but we really need to see it nowadays as stepping stones like you're not unfortunately I'm sorry to you know burst the

bubble for anyone listening but you're not going to get into your family home first like I remember talking to my dad about his first property and how cheap it was and what they bought it for and what the mortgage on it was and that it was basically a family home like he'd bought this big three bedroom place with two lounge rooms and it was stunning and I'm looking at it going dad like no one can afford that nowadays. That's not the expectation. Can you tell us a little bit, I'm going a bit rogue at the moment, but did you purchase that with the intention of leasing it out the whole time or were you planning on moving it in or was it always, okay, I'm going to get an investment property and then I'll get another one and at one point in the future, maybe I'll buy a

family home? What's the strategy in your head when it comes to property? So, I always went into it with the intention it would be an investment. I didn't plan on living in Geelong forever because I love Melbourne. So, it was just the $45,000 that really I was attracted to and I got paid that in cash. So, I literally had $45,000 in the bank after buying a property. So, I think I always intended to rent it out and we've been fixing it and living there and styling it and making it look nice. So, then we can rent it out at the end of the year because we have received all the grants, I do need to live there for the year before it can become a rental. Yeah. And that's totally okay. And that makes sense. And I actually think that a lot of people

don't consider the tax benefits associated with doing that either. Like if you make a property, a primary residence to begin with, there is every possibility that you're not going to have to pay capital gains tax on that property for the next seven years if you purchase it and then decide to sell it for some reason which is very sexy if you ask me because I'm making a grand assumption money diarist that that property is already worth more than what you paid for it is that a fair assumption to make given you disclosed the location to me and I know what property in Geelong is looking like at the moment that is a fair assumption to make Victoria so it was just valued by the bank which usually they're quite low in their valuations at $575,000

Wow. You're basically making money and you haven't even lived there a year. Like she doesn't even need to lease it out for that to be a good investment, Jess. Yeah, that's incredible. Just goes to show what the market has done over the last couple of years, doesn't it? So wild. Oh my gosh, I'm so proud of you. And then, oh my gosh, the property with your partner. Tell us a little bit. How did that happen? How did you save for that one? Did you use equity? Please just give us the pervy details. So, the equity for this property. We're still in the process of getting it out. So, I think it's coming in my bank tomorrow, $60,000. But with the Adelaide property, I used the $45,000 I received from the grants

to purchase that one and he used the same. So, we both combined the grants we had received. He received less than me because his property was more expensive than mine. And yeah, we combined that and we used it to purchase the property in Adelaide. My gosh, Jess, they're rich millennials. I love it. It makes me so happy to have these conversations with people that are like, no, I saved up and I learned about the grants and I worked out how this was going to work for me and work for my situation. Because as I said before, I think a lot of us just make the grand assumption that property is unachievable and it's not going to happen or we need a parent or a guarantor to make these things happen. And it's just not the reality. Like we just need to put

our heads down. And sometimes this is going to sound a little bit mean, sometimes really lower our expectations to what we can actually afford and view it as that stepping stone home as opposed to your future family home that you see you having three kids and a dog in, which, you know what, we all want that. I get it. Next question, and we know the answer to this when it comes to mortgages, but do you have any debts? Yes. So, two mortgages at the moment and then we'll have the third. That's the equity that I'm releasing. So, that will be in the form of a mortgage as well. How exciting. It's not bad debt though. None of your debts are bad debt because they're all creating wealth for you, which is very, very exciting. The next question, to pivot away from

debt and to pivot away from property to one of my favorite topics, do you shop back? I haven't downloaded on my phone. I know the money diarist recently said that as well, but I just, I'd never shop to be honest. Who is she? She's busy spending money on houses. that's why I couldn't afford a house at 25 because I absolutely was shopping online and she's like um sorry you're crazy Victoria so my partner works at a head office where he gets 50% off their clothing so I shop there sometimes yes but mainly op shopping so everything I wear is pretty much from an op shop oh my god I love that and no one can see you but you look very cute thank you no she's very chic I would never have guessed give us your hold on no no I was going

to ask you for your best op shopping tips but we'll do that after the break because Jess is looking at me like Victoria's still going rogue next question is what is your best money habit please share it with us I feel like we can learn a lot so I think op shopping is probably my best money habit so everything I own like I said it's from an op shop and just being really frugal and saving where I can. Genius. I love it. To bring it down a notch a little bit to make this money diary slightly more relatable because I think everyone's looking at you going, she's genius. She's perfect. What's your worst money habit? So, there's actually two. One of them, I'm terrible with budgeting and I'm trying to fix that.

No, you're not. Not believing that. You bought a house. at the moment I can't save anything so I haven't really re-evaluated what's coming in and what's going out and that's something I need to do like right now and yeah okay yeah so that's one and then my partner is also my worst money habit because he encourages takeaway all the time it's terrible he'll be like don't you feel like getting dominoes tonight and it's like not really, but he'll talk me into it somehow. Oh my gosh. A man after my own heart. I can always be talked into takeaway. It's really, really bad. Next money question and final one before we go to a quick break. If we asked you to give yourself a grade when it comes to your

money habits, what would you grade yourself? I would say an A because even though I'm not the best at saving and budgeting. I'm constantly thinking about ways to improve investments and just talking about money and listening to the podcast. So, I think my money attitude is really positive and that's made me get an A just by just constantly finding out what grants are out there and how I can get ahead. I love that. All right. Let's go to a quick break. I want to know all about op shopping right after this. All right. We are back. Money Diarist, you mentioned before that you are really good at op shopping and you look incredibly chic. So I want you to give us your top tips for finding good quality, awesome items at op shops. Because I feel like sometimes

when I go op shopping, I'm like, there's nothing here that I like, or there's nothing appropriate. Like there's some cute stuff that I want, but it's not, you know, what I need for work. So tell me how you approach this and how everybody else in our community should be as well. Yes. So, I only off shop at one. It's called Savers, if you've heard of that before. Yes. My mom is the biggest fan of Savers in the entire universe. And I'm pretty sure her entire world shattered when the one closest to her house shut. Yeah. Which one? I think I know about that. It was the one in Frankston.

Yeah. Okay. Yeah. The one in Frankston closed and she was not happy about it because mom and dad, you know, just to get a little bit pervy on the podcast, live on the Mornington Peninsula and she'd have to drive up to that. Now, if she wants to go to a Savers, she has to drive even further. Yeah. Well, personally, I go to the Brunswick one. That's like the closest to me, I suppose. And I find that their clothes are really good. And I think it's quantity over quality. So, they just have so many clothes in there. You're bound to find something that you like. And I always find, you know, pretty little thing and chic. For some reason, everyone just takes their

clothes there. So, I've just been really lucky going there and finding things that are actually in fashion as well. Oh my gosh, that is so good. And to add my own, I guess, little tip to this, and maybe Monday Darius, you will agree with this, but I feel like shopping isn't something that you can just pop into. Like you actually have to go and have a look through all the items. Like you can't just like pop into the shop, have a quick browse, see nothing, walk straight out. Like you actually have to sift through all of the clothes and see if anything really takes your fancy and try things on. Like it's not like a five minute pop into the shops kind of adventure, is it? No. And I'm even more frugal in that I go when it's 50% off. Like my family hates me for it.

My mom's like, what is wrong with you? They're already cheap and you're going when they're 50% off, but Savers have regular days where it's 50% off. We just missed it on the Tuesday that passed. I couldn't go. But yeah, and I feel like a professional sifting through every single aisle because I know that I might miss something if I don't go through every aisle. So, you literally have to spend hours there going through every bit of clothing. Oh my gosh, she's committed, but she's chic and she's very, very cute, guys. So, it is absolutely worth checking out Savers. Because this isn't sponsored by Savers either. We're just really passionate about their store.

Speaking of saving, I want to talk a little bit because like I said, I'm going through this process right now. You said you made the most of like every government grant that is out there and the timing for you seems like it was really well aligned. Did you do all the research for that by yourself or did you go through a broker who helped you access and figure out which of those you were eligible for? That's a great question. so she's on the money obviously had so much content out there at the time as well

and just doing my own research to be honest I spoke to I think five brokers and most of them had no idea what I was talking about I've had a lot of bad experiences with brokers like most recently with the Adelaide property we wanted to pay five percent deposit because I'm a lawyer now but there was a mix-up and they still made us pay 10%. So, yeah, I have had bad experiences with them but yeah, I had a few brokers tell me you can't do this on your own. A few of them said, you know,

you'll need your partner to help out and I said, no, I really just want to do it myself. So, yeah, the research was really just done by me only. I actually hate that so much. it makes me so angry and I'm probably even more triggered by this conversation because I literally was speaking to Jess about this yesterday. Jess, what did the broker say to you yesterday that you were working with? Yeah, look, it was not, he didn't mean to be rude. I think it's just definitely an example of people being ignorant of the impact that their words have. But I got some not so great

yous in my little property journey at the moment and the broker couldn't get me what I was asking for, which is fine. But he did make the comment of, maybe it's time to get a partner. And I was like, my dude, I already have one. That's not the point. I don't want to leverage a partner. I want to do it by myself. And you can do it. I can do it. Any female out there can do it. It's just really frustrating when we have to beat our head against those stereotypes. And I think you're right. I've spoken to a couple of brokers in my journey so far. And we talk about them all the time. A good broker is worth their weight in gold, but a bad broker can be really painful to deal with, which is, it's so hard because how do you know, right? I just really want to disclaimer

this, guys, that Jess went through a broker that one of her girlfriends used, not a broker that she's on the money recommended because we obviously have a panel of brokers that I love and adore that Jess is now going to speak to. Correct. But you went through someone that was recommended, which totally made sense because, Jess, you're buying in an area that one of your girlfriends has already bought. And so, that broker absolutely knew the area. It just didn't work out for the best. And I think that that's why I'm so passionate about it. Like, I remember you setting it up, Jess, and you're like, yep, I've got this broker. And I was like, great. Like, what's he like? Let me stalk him. Like, I was an overprotective mother to you. And I was like, tell me about him. What

are his credentials? What type of broking does he do? Show me his website. And you were like, Victoria, you're not my mother. And I was like, okay, I get it. I'll step back. I'm so sorry. but now it hasn't worked out so well i just know that i would hate anyone in our she's on the money community to have that experience because we all deserve respect and if you've said i want to do this on my own for someone to then suggest maybe you should do it with someone else it's like well i came to you because i thought that you'd respect where i was and help me and my personal situation not try and change my personal situation so it's easier for you like that's just to me not on and it really frustrates me because there are so many young women who want to purchase on their own

and who have saved for so long and sacrificed so much that it's just a kick in the guts when someone's like, maybe you could consider buying with a partner. Yeah. No. 100%. No, get in your box. And MoneyDaris, when you did all of that research by yourself, like outside of the pod, which you said you listened to, which we obviously love, where were you looking for that information to figure it out on your own? Yeah. So, it was a combination of the MoneySmart website and the ATO. So, a lot of government websites explaining what the first home super Saver is and the new COVID grant and just keeping up to date with those updates. And then also a lot of Facebook groups and communities as well. I would sometimes read the content that they were

posting and like search FHSS in the search for the group just so I can understand a bit more about it. Incredible. And yeah, for anyone who is in a Facebook group, particularly ours, if you're not there, come join us. But the search bar is a great tool because if you have a question, chances are somebody else has had that question so whether it's our group or somebody else's doing exactly what you've done getting in there searching for keywords or questions you're probably going to turn up a wealth of knowledge and also just to shamelessly plug our other community that i feel like is lesser well known but very relevant in this conversation our property playbook community ask property questions all the time and are a wealth of

knowledge and resources and there are actually a whole heap of brokers in there who are answering questions and going, hey, I'm a broker, not trying to get you business, but this is how this works, which I adore. And I feel like it's just so powerful because we're just trying to help each other achieve success. Like it just, from my perspective, makes sense, my friends. You also said that you're looking to purchase a car, which is super exciting, very fun. The car market right now is hectic. Like I've seen a lot of people talking about the fact that, you know, depending obviously on make and model and mileage and, you know, there's lots of nuance to it. But a lot of people are finding that it's almost as expensive to buy a secondhand car as it

is to buy a brand new one. Have you done a lot of research? Like, what's that looking like for you? I have. And look, I'm not 100% decided yet, but I am leaning more towards buying a brand new car. And that's a Volkswagen Polo. And they're about $25,000. And then secondhand, they're around $21,000, $22,000. So, I'm just thinking I may as well just buy a brand new one, have that five-year warranty, try and get a few thousand dollars off it. And I'm also looking to trade in my current car, which is also a Volkswagen. And although it's a convertible and the roof doesn't even work and everything's kind of messed up, I'm hoping I can at least get a few thousand knocked off as well to make it $20,000, whereas privately, I'm not getting anything for the car.

Yeah. That's super smart. And I think you're right. I think when you go, oh, for, what is it, $5,000, yes, it's a lot of money. But in the scheme of things also, for the reliability and the warranty and usually when you go to a dealership, you can negotiate some sick little extras like a tint or all these different bits and pieces that they have the ability to throw in. Yeah. Right now, it almost feels like it might be more worth doing that, dependent again on what people are looking at purchasing. Yeah, I used to be so of the opinion secondhand cars and you guys know that I've even done an episode on it. But the car market right now, just because of supply and demand means that the secondhand car market is absolutely booming. And it's quite funny because my partner has an older car and we've recently replaced it. And the amount that we can sell his older car for is insane. Like absolutely insane in comparison to what it would have been worth three or four years ago. he's just been like look it doesn't really matter like it's a car that i'm driving around it's worth

next to nothing and we spoke to a mechanic because we got it checked out before we put it up for sale and the mechanic was like oh yeah you can sell it for like x and we're like what the hell that's like more than double what we anticipated to sell it for he was like oh yeah chuck it online this one will sell it's really good one and because it's got like lpg it's obviously very cheap to run as well. And we're like, oh, maybe we should keep this. This is a good car. So, it's one of those things that, yeah, I'm a bit of a rock in a hard place when it comes to purchasing new because I think my apprehension when buying new is when you drive it off that parking lot, it loses a lot of value. But right now, it's not nearly losing nearly as much as what it used to. Well, do you

remember someone posted in the She's On Money community, it was a little while back now, but they purchased a car, I can't remember how long it was, I want to say between five and ten years ago and they sold it for a profit now. I remember that. With like an extra almost 100,000 kilometers on it, they made a profit on it. So, it just goes to show, doesn't it? You've just got to be smart, you've got to do your research and make sure that you're making the best decision for you, not just the decision that you think is the most fun or the easiest. Yeah. The last question I have before we head off, unless you have anything else, is you mentioned Money Diarist, you want to move to Melbourne from Geelong, which obviously is a bit of a, not a huge move. For anyone who's not

familiar, it's probably about an hour, hour and a half kind of distance wise, but costing in Melbourne versus Geelong is very different. You guys are planning on buying. How do you feel like it's going to go? Because I think even just the cost of living I've noticed as someone who grew up well outside of Melbourne, it's just more expensive to be here in general. So, have you thought about that in terms of your budgeting? What are you doing to prepare? And then also, I guess, with your purchase, how's that all going to work out for you? Yeah. So, hopefully, by the time we're ready to move back to Melbourne at the end of this year, prices have kind of stabilized. I don't know if that's going to happen. We can't predict.

And then all three of our properties will be rented out. So, we'll be receiving that income. If we need to rent for a period of time, that's fine. We're happy to do that as well. and then yeah hopefully with the equity we've taken out we can use that to purchase a new home hopefully I just need to spend the five percent deposit this time because I'm a lawyer and yeah just living day to day I hope that the investments will be generating some income so we're at least not having to worry about those mortgages and then it's just you know starting from scratch and having just the mortgage of the property we're living in because right now with the Adelaide property. It's being rented out and we're paying about $100 each per month. So, then

it's being paid off. So, it's pretty much paying itself off. And then our properties in Geelong will definitely be paying off the mortgage and we won't have to worry about that either. Yeah, incredible. Actually, no, one more question. Sorry, I lied. Do you guys handle the management of your investments yourself or do you lease that out to a business? In terms of the financial side of things, my partner's actually an accountant. So that really helps. Of course, we've got a lawyer and an accountant together. They're going to take over the world. I love that. He's still studying, but he is working as an accountant. So that's really good. And we are getting real estate agents to manage the property, especially the

one in Adelaide. We just went with the agent that sold the property to us. And in Geelong, we'll just go with an agent that we've been speaking to about evaluation at the moment. Incredible. Very cool. Thank you for being so open with us and sharing so much of your story. I feel like I've learned a lot at the same time as just listening on in awe. Like you are so impressive for 25. Like what? Yeah, I'm so envious. You've done incredible things. Thank you so much. Oh my gosh, you are a wizard. But as always, I do think that that is all we have time for today just before we head off 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 respects to elders past and present and we share our friendship and our kindness and remember the advice shared on she's on the money is generally 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 is an authorised representative of InFocus Securities Australia Proprietary Limited,

ABN 47097-797-049, AFSL 236523. See you next week, guys. Bye. Bye. Bye.