She's On The Money - MONEY DIARIES: From a low income, abusive and challenging background to owning a home all on their own

Episode Date: December 26, 2021

This Money Diary is EPIC. Our Money Diarist grew up in a low income earning single parent family and has hustled her butt off to now be a home owner ALL ON HER OWN. How's that for taking your money story by the reigns and making it exactly what you want it to be!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 Australia Pacific Funds Management Proprietary Limited ABN 34 132 463 257 - AFSL 339151.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. We're back for another Shop Back Money Diary Monday, where we have a chat to one of our beautiful community members and learn all about them and their journey and their story. And Victoria, you love to ask all the pervy questions. Oh my gosh, yes.

We actually just finished the interview and now we're doing like the tops and tails, which isn't normal for us, but we're doing it now. And I'm telling you, this was a goodie. Like following her journey, you're going to love it. I'm obviously very biased, but Jess, do you want to read out this week's Money Diaries email for us? Let's do it. So this week's diarist said, I came from a low income single parent household with emotional and physical abuse. I worked my way up through TAFE with three certs and two diplomas and then went to uni after school. After a shock split with my partner in

2020, I lost my land and building contract and shortly after bought a unit all on my own while paying for uni up front. I never had anything given to me and I want to talk about buying a house in the current market as a single and low-income earner. So I'm super excited for this one. Oh my gosh, Money Diarist, as always, you are on the line. Hello and welcome. Hi, thank you for having me. Money Diarist, you said just before you weren't happy with your email intro. My gosh, I'm so impressed with you. I don't know what you're talking about. Thank you. Jess and I, obviously, I hadn't heard it yet, but Jess was clearly impressed enough to be like, do you know Money Diaries. We're getting you on the show and I cannot wait to get into it. So, without further

ado, let's just jump straight into my friend. First question, what is your attitude towards money? I have like, I mean, given my background, it was just me and my mom. She was quite a low income earner. She was working as like a teacher's aide in school. So, she had a mortgage on her own and in the household, it was always very well verbalized that, oh, we don't have enough money. so it had like that scarcity mindset really early on um so my attitudes kind of like kept that way and after moving out and stuff i i just had that that drive to be like okay well no i don't want to struggle and i don't want to feel this stress towards money i mean i saw it affect my mom like mental health wise she really struggled and you know even we're on food stamps a lot of the time

And I mean, as a kid, like I was quite embarrassed at the supermarket, but I didn't really fully realize the extent of struggle that she had on her and the pressure of that as a single mom. So, yeah, I'd say that's probably still my attitude towards money a bit. Yeah. I mean, that's your money story and that's like where you've come from and what's going on in your life. And to be a bit cheeky, I want to ask another question before we get into it, even though

I meant to wait to the end. I'm sorry. Do you know anything about what your mom's money story was? like is this a cycle is this something that you know her parents grew up in the same way or is this something where you know it was just really tough like tell me a little bit about that thank you for asking i actually feel like it's really interesting because it is i think it's a generational thing um i mean my grandma came from hungary she struggled she worked like five jobs to support her three kids i mean they were all like under five when they came over and so the

struggle was there when she was a child as well. And in her household, yeah, they all had to get jobs when they were like 10, just to support everyone. It's really interesting. And I mean, my mom bought a house really young as well with her partner, my dad. And it kind of went downhill when she got cancer. So just before I was born, she had breast cancer. And I think that changed like doing really well financially and setting herself up to struggling mentally with the whole cancer diagnosis. And it just became this thing where she would actually spend all her money. So she started like buying things to kind of fill that gap, I guess you could say. Yeah.

So yeah, when I was sort of growing up, she became like quite like, even though she was low income trying to pay the mortgage trying to pay food she also bought a lot of things like material things um so I kind of saw that and from a young age I kind of learned like okay well why why is this happening like if you could pay you know mortgage and not be worried instead of buying these items that you haven't or you won't touch in years um yeah yeah so it's kind of, it's quite interesting. Yeah. That side. That is actually super interesting. And I ask because often it is a cycle and you learn from other people's money stories and it takes very conscious decisions to change your money story, but you have to acknowledge where you've

come from and where that might've come from and why that's the case and go, well, why do I feel like that about money? Why does it really frustrate me? Or why does it make me feel sick? And it's like, well, that's because that's how you grew up and that makes sense. And there's no shame in money stories because they're not actually our fault. They're not actually our choosing. No one chooses their initial money story. But the cool thing about money stories is that you get to choose where they go once we're an adult and once we're able to format that journey. And it sounds like, and I'm not jumping ahead, I promise, but it sounds like you've done a really good job of changing that from the sound of what you wrote in. So, next question, my friend, is what do you do

for work and how much money do you earn? So, um, at the start of this year, I actually took quite a big pay cut. It was over 20,000. Um, to leave, I was a disability support worker for five years. Um, I injured my back when I was 21 and was on work cover. So I kind of wanted to get out of that because I just kept, it just kept happening. Like I just kept re-aggravating the injury and I knew I had to get out. So at the moment I'm working from home, um, within like a NDIS provider. so the national disability insurance scheme um mainly more on like the invoicing kind of side of the organization um and i'm really enjoying that oh i'm so glad it sucks that you had to take a pay cut but you went twenty thousand dollars down from what to what my friend

no we want the nitty gritty this is she's on the money we're not elusive here my friend Yeah. So, last year, I think I got up to about 74K. That was part-time as well, but, you know, a lot of weekends, a lot of sleepovers, a lot of public holidays. And now I'm on about 52. But that is, it's one of those things, right? I don't think people realize the time and energy and effort and mental load working in disability puts on you. It's such a special job. And anyone who works in that oh my gosh you are so special but it's also like okay I get that the money would have been really good but I know that would have been quite taxing as well and often it's something that we do need to care for our mental health personally and our own physical health and put

ourselves first because you do all this caring for all the other people you need to remember yourself as well yeah it took me about four years to realize that but yeah oh well I'm glad it was only four. That doesn't mean you can't do that type of work. It's just, I think that a lot of people who work in those areas are so selfless and they are so kind that it's always about other people and never about them. So, if you work in that industry and you resonate with that, please care for yourself because you can't pour from an empty cup. So, next question is, money diarist, what is your big money goal? Goal or goals? goals sorry what are your big money goals i've got too many i have i place a lot of emphasis

on goals and i'm a stickler for meeting them um i guess that's how i've got so far to this point um but at the moment it's mainly just like paying extra off the mortgage and really building up my investment portfolio i do want financial freedom and i do want the option to retire early so that's the big goal. Oh my gosh. The money diarist we spoke to just before you said that she also wanted to retire earlier. Money diarist, could you tell us what that means though? What does retire early mean to you? For me, it's just, I know a lot of people talk about like FU money and stuff like that when it comes to like, if you need to leave your job or just having the freedom to be able to do that. So for me, it's like not necessarily retiring early, but having the option

to or even going to part-time and doing you know more travel or more volunteering things like that and just yeah so just the freedom so it's not necessarily a number for you it's not all right well I want to retire by 50 it's I want more financial freedom in my life to make the decisions along the journey would that be about right yeah absolutely I love that I love asking people what that actually means because I think that we have in our head that retirement's an age and in our head retirement is like oh it's 65 when in reality retirement's actually a financial situation it's a situation in which you can make more flexible decisions and for a lot of people they just assume that means that you don't work at all whereas some people like no no I just want more flexibility to

do the things that I love and the things that I'm passionate about and I think we really need to reframe what retirement looks like, because too many times we just think it's for people who are a bit older than us, when in reality, you can start working towards a level of financial freedom yourself. I don't know. I just think we should reframe that. Next question for you, though, is do you currently have any investments? If so, what are they? I do. So, I'd just like to start with super. I do have super. Yes. Everyone should have it. Luckily, I love that it's going up as well, like the minimum

contributions and stuff. So, there's about, I think that's about $43,000 at the moment. Oh, and how old were you, Money Diarist? I'm 25. That is a very good amount of money in superannuation for your age. Why have you got so much in comparison to the average bear? I don't know because I actually haven't started contributing extra yet just because I was saving for my house. So, I kind of put that on the back burner. I was like, oh, I'll do it after that's done kind of thing. It doesn't sound like it was on the back burner

at all. How old were you when you got your first job? Yeah, that's what I was going to say. I think it was because I started work early. I mean, 14 and 9 months. I was like, KFC, earning my $6 an hour. That's a good first job. Oh my gosh. Those were the days. But when you start working really early, you do start contributing to super if you meet the requirements. And the earlier you start contributing, the more time it has to compound. So, it kind of makes sense that if you were one of those people that started really early, you would actually be in for a better innings when it comes to super. And obviously, this is personal. But my partner, Steve, I remember looking at his super and being like, what? How did you do this? Like, you are so young. And it was just because

he worked so much from such a young age and I was like oh you really were a hustler from the start so it's not necessarily about having to make contributions in addition to your super it's actually sometimes you got the lucky end of the stick and started working early and you might not have known the prominence of it then but you sure do now yeah so um I've also got some shares outside that. So, ETFs and NLIC. So, there's about 14,000, just over 14,000 in my accounts at the moment there too. But yeah, like I said before, one of my goals is to really build that up. I mean, compound interest. Yes. I sound like a broken record sometimes, but I'm not sorry. I'm not sorry at all. Next question, Money Diarist, do you currently have any debts? So, no. I mean,

I think it's part of my upbringing and scarcity mindset type. I paid all my uni upfront. I know that you speak a lot about hex debts and good debts versus bad debts. But I guess my values are more aligned to just not having any because I still feel the stress or would feel the stress if I did have a hex. And yeah, so, it's pretty much just the house. So, how much of a mortgage have you got on the house? Oh, I have a big one for my income. So, at the moment, I think it's currently $370,000. That's so exciting though that you've secured a mortgage like that all on your own and you're killing it. The next question though is what does that mean for your cash flow? So, if you've got a

mortgage, how much are you paying each and every single month? Yes. So, like my minimum payments are pretty much what I was paying in rent. So, that's really cool. That is very cool. I guess it just made it worth it for me in the current market. It seems like a big risk to buy in at such a high prices. But yeah, I just kind of weighed up all the extra fees and stuff. So, at the moment, I'm putting in about, I think it's like maybe $400 a fortnight extra. Oh, epic. Congratulations. I feel like that is no mean feat.

It's a little bit tired on the current budget. Next question that's not on the list, though. I want to know how much your purchase price was and how much of a deposit you were able to save. Yes. Awesome. Asking the good questions. I'm trying. I'm literally being so pervy.

I'm like, I don't mean to overstep the line, but like, if you've got a mortgage, please tell us. I feel like property at the moment is such a hot topic and there are so many of us that are feeling really disenchanted with the whole journey because property is performing crazily. But I just want to know because it's so achievable if you put your mind to it. And I know that for so many people, they'll have their heads in the sand or they'll say, look, it's just never going to happen to me or it's not going to be possible. But you've obviously been through a lot and we'll get into that later. But how much of a deposit did you save? How did you do it? How did you get into first place? Yep. So I had a $50,000 deposit. I paid my like extra fees on

top of that as well, but I did pay LMI because it was only about 10%. So I bought, uh, I bought it for a unit in the peninsula. So I'm from the peninsula. Goodbye. So it was 429,000. Um, So, yeah, I guess my mortgage came in at, like, about, I think it was $382,000 or something when it all settled and everything. I had put in a lot of money previously in land that I had bought with my partner. So, we were, like, in a year and a half, we'd paid down, like, $80,000. So, there was only $50,000 left on that loan. yeah so when we sold we got really lucky because normally land doesn't really go up that much and it was regional as well um but we're really lucky to sell and i like i just got back what i put in

so it wasn't any extra but we're really so it was a bit of a break even so that you didn't end up losing anything that's a nice outcome yeah so that's that's pretty much where my deposit came from so i mean even if i didn't haven't bought the land i would have been you would have had that in savings so yeah very cool all right money diaries before I ask too many more pervy questions the next question is do you currently use shop back no I don't who is she because every podcast I listen to pretty much for the last couple of months every day I'm like no I'm gonna do it after work like I'll just download it on the computer and I'll use it but I'm not very much of a spender either online. I really try to withhold as much as I can with that unless I really need something.

So, I feel like that is a very fine way to live. That's still a good money habit. Speaking of good money habits, what is your best money habit? So, I actually have been thinking about this because I've really struggled and I don't know why it sounds really bad, but I was talking to my best friend last night about this and she helped me a lot so basically I think my most money habit is setting achievable goals and following through like I'm a real stickler for goals and but making sure that they're attainable like obviously if you set something that you just can't follow through on like you're gonna feel pretty crappy and you're not gonna feel accomplished with that so in saying that like

it's also that's kind of carried me through in terms of like not getting into debt and things like that as well. So, I think it's like really important to have those little goals and make them achievable. I couldn't agree more. But my next follow-up question is how do you personally set attainable goals? Like what does that mean to you? What's that process look like? How do we learn from you? It's probably actually really bad advice personally because I don't have a bit of a system. We take all advice in this house. But normally, like if it's to do with money, say for example like I got an alfresco built because it was such a big thing for me and I had to compromise a lot on stuff where I bought so I was like no I need an alfresco so I I had

okay I said look this is a goal I still want to keep adding more to the mortgage how am I going to make this work so I looked at my budget and I'm like okay well there's not a lot there's not a lot of wiggle room here um but I basically yeah just broke it down and was like okay well what can I afford each week and how long is this going to take to pay back because I did use my savings but I want I want to rebuild that because it's really important to me yeah so yeah I just broke it down and I was like okay this is eight months I'll get it done now and then in eight months I'll have that money back um or I could have if I didn't have that money in the budget I would have been like oh well I just wait eight months and then I'll get it done I feel like that is

actually a process though my friend you're saying oh I don't really have one but then you're like Oh, yeah. So, I know I said I don't have one, but I broke it down and then I worked out how many months I had and I worked backwards like, okay, you're a goal setting queen just by default. That's fine. All right. Next question, complete pivot. What is your worst money habit? So, I guess it's like the opposite to my best in a way. Like, I am very, very harsh on myself if things have to change and I'm not very lenient when it comes to my goals. So, if life circumstances change, for example, like my, my income getting smaller, I was just in my head saying, no, nothing's going to be able to give, like my goals are too strong. I couldn't

decide, you know, okay, well, what is actually the thing that's going to have to take precedence here? But I think that we also don't really talk about that enough is that being so strong in your financial goals as well can also lead to stress and it can also feel like a burden as well so I'm really trying to work on that inner stuff with being okay with where I'm at and not being so harsh and critical of where I want to go. I think that that is a really good goal and it's something that so many of us struggle with. I actually saw something online so I can't take credit for this but someone online and I think it was like one of those text inspirational posts I I think I reposted it, but sometimes these things really resonate with me and I'm always like,

oh my gosh. But it essentially said, if someone was as critical of me as I am of me, I wouldn't want to spend an hour with that person, but I have to spend 24 hours a day with myself. So I probably should learn to be a little bit less critical. And that's true. Like if you were, if you were super critical of me for even an hour, I wouldn't want to have anything to do with you. why are we so critical of ourselves? Like we have to live with ourselves. So I think that it's really important to realize that, but then also really work on that because when you're self critical, it's not impacting anybody else, but you negatively. It serves absolutely no purpose, absolutely no benefit. And being kind to yourself, it's exactly the same. It doesn't impact anybody

else, but you, but in the best of ways, it is so positive and that will then radiate out of you. and I love that. So hopefully that's a nice way to wrap a worst money habit. Last question before we go to a quick break though, money diarist, if we forced you to give your money habits a grade, what would you grade them? I hate to be the stereotypical response, but I would probably say an A minus due to takeaway. Oh, that is not stereotypical. I love when people back themselves. yeah I um my takeaway habits have been just off the rails and especially with the lockdowns I'm like I can't do anything so I'll just order in um I don't love cooking either so normally I'm we're living within our values yeah um and also yeah just my my income like raising my income as

well I think would really change that as well I agree but I think you're doing epically as you are. So, we'll head to a quick break and right after that, I want to deep dive more into money stories. All right, we are back and money diarist. I want to know a little bit more about your background and your money story and how you've really been working on that and how that's impacted you as an adult. You've obviously completely changed your personal situation. You've gone from, you know, living paycheck to paycheck and having food stamps and, you know, growing up in a world where money was really frugal, does that still impact you day to day? And if so, how and how do you overcome that? Yeah. So, I mean, it was a big factor in why

I wanted to buy a house. I mean, it's just that, you know, you've got a roof over your head, you know, you've got that security. I mean, it's one of the biggest needs for a human really. so I've really carried that through but I feel like it's been in a really positive way as well and I have my mum to thank for that in the sense of it's driven me and it's it's helped me create my goals and work towards those things because I I don't want to have that struggle and I don't want others to have that struggle either but yeah it's also that that cutting cutting slack as well when when you're too driven and you're like okay well you can actually take a bit of a break now like you're okay you're not you're not compromised or anything do you find that you put a lot of

pressure on yourself because you have worked so hard to change it so when you have an inkling of you know maybe a not so good habit creeping in you're maybe a little bit extra harsh on yourself than everybody else might be yeah well I think we hear it all the time like life events happen and if even just a little thing in someone's life can completely change their situation financially yeah absolutely and how's your mom doing now I want to know how that's going like you said that her money story wasn't great what's she up to she's still a massive hoarder like don't exaggerate like I don't know if you're thinking extreme hoarders but like that's where we're at um but somehow this woman is a legend and she has a really high income at the moment so she's paying

Indiana mortgage. I'm trying to convince her to get it done before retirement because she's getting to that age and she hasn't thought about it because there's everyone. Oh, you know, that's forever away. That's ages away. And then it comes up and it's right there. So yeah, she's doing a lot better. I'm actually really interested in something you just said, and you said she's actually a hoarder. And that is something that is so common when you have grown up in poverty, because people who don't have the privilege of money don't actually have the privilege of being able to throw things away. And often that then manifests itself once you do have a higher income and you do have financial security in having that feeling of wanting to hold on and not wanting to

let go of things because maybe one day I'll need them or maybe one day someone else will need them or I'm trying to care for these things or I've worked so hard for these things. Do you think that creaks into your money story at all in any which way? Of course. How does that manifest for you? I just am a little bit the opposite. I don't like clutter. I don't like things in the house unless it's super sentimental to me, which a lot of things aren't. I have a little small keepsake things that do. But yeah, I just don't like stuff and it stresses me out more having too much stuff so I guess that also helps in terms of like financial goals because I'm not I'm not buying materialistic things all the time and I'm things that I don't need I mean even my

friends like I bought a phone three years ago for like $200 and everyone was like why don't you get a new phone now because it doesn't work properly and I dropped it has like it's one of those generic cracked everywhere screens I'm like it's fine it still works like I don't need to buy a new one it's just the same thing it works fine thanks though so it's yeah I mean I'm trying to work around that a bit more like the more comfortable I get financially as well I think the more I can kind of relax a little bit and I can get things that I want um and not have to worry as much but yeah I'd say that it definitely had an impact on me in that sense yeah no that absolutely makes sense so when we talk about money stories and how that works and you know

before you mentioned that you sold some land with I'm assuming an ex-partner how did that happen and how did you protect yourself through that so obviously you never buy land with someone if you don't think it's going to be lasting and then it obviously didn't what was the situation there and how did you deal financially through that yeah so I mean it's quite scary I was with my ex for nearly five years so we were together four years when we bought the land we thought it was long term obviously at the time as everyone does i didn't get like any sort of um like agreements done up or anything because we went into the contract 50 50 um it's actually quite a compromise when i talk about it i guess um because i had more of a deposit at the time so he ended up

adding extra to the mortgage over the year and a half so it ended up working out that we were equal which I wouldn't recommend because it is quite a risk because if the contract says 50-50 and something goes bad you do have the risk of not getting all of your money back so to speak but that's what I did and I mean at the time it worked for me I got lucky with that it wasn't a huge sum of money either so I guess I kind of weighed up the risk in that sense so yeah we like ended up signing contracts to build like I did everything like we picked out everything like cupboards like it was all done signed how stressful yeah so this was in um October last year so October 2020 and about two weeks later it's like I can't do this there was this childhood trauma

that came up and it just completely like ruined him like couldn't cope like it was really extreme and it was horrible what came up for him and he just wanted to be back with family so his family was interstate and with all the lockdowns and everything he hadn't seen them in so long and his mom got really sick um so i think like that all that affected him and it was just like no i can't do this like we've so we've got to get out of it and i was like okay game planning mode how we gonna get out of this safely like are we gonna get our money back because we paid the deposit for the build and everything like it was super locked in oh my gosh so yeah luckily it was the right time to sell um land we just went nuts in the area um well every area really so yeah like i said

before we broke even kind of with all our costs that we put into it split amicably i was lucky that yeah he didn't he was super chill about it because he knew like we had got up to that point like i was asking are you sure are you sure like are you ready like is this okay and it was like yep yep yep and then no when i saw the land i i was in a rush and i got in organizational mode and i was just like okay let's get through this the best we can yeah and just sort it out the best way possible. At the time, I actually wish that I had engaged with my broker because I didn't think I'd have the borrowing power to buy him out. Right. You just assumed instead of having the conversation. Yeah. And I was just like, nah, get rid of it. Like, don't want to deal with that

kind of thing. It's too stressful at the moment. But in hindsight now, I thought it would have been a better idea if I just had have checked out with my broker and being like, look, what's my borrowing capacity because I didn't actually know on my own what it would be. I just assumed it would just not be enough. And do you think that you would have been able to buy them out if you'd had that conversation? Yeah. So, unfortunately, with all the regional and first home owner like grants and everything, I would have come out very, very nicely with a brand new house on a big property. Oh, no. If I had have, but that's the joys of hindsight. I didn't get any grants with the unit that I bought, I wasn't able to. So, I think, yeah, it's just kind of

having a think about it and just engaging the banks or the broker and just seeing where you're at. And just having that conversation. And I know that so many people are like, no, like I know it's not possible, but it might be. So, have the conversation and I promise you, your broker is going to be able to talk to you about that situation and talk to you about what is possible. I just, oh, I wish you had. But at the same time, I'm a genuine believer that everything works out for the best and everything works out for a reason. And I'm sure that there is a reason that didn't work out and that you're in your little unit all by yourself for good reason. So you went from being so certain on everything to one day finding out that maybe

this wasn't going to work out and he was over and out. And it sounds like you guys were really amicable and it wasn't something that you guys could have you know it wasn't like he cheated on you and it was all savage it was a pretty shitty situation it sounds like if we're being honest well I mean um like I probably forgot to mention like he had been struggling with mental health pretty much the whole time I was with him so I guess in that sense like it wasn't a huge shock right it was just what happened I guess and him leaving because it was always like no we'll just we'll work this out together like yeah and then it kind of changed and then it just didn't work out and that's so okay but that is one of the reasons why when going into a really

big purchase with somebody else you have really clear exit guidelines and I'm not saying this because I'm so negative about relationships but well what happens if this doesn't work out are we going to keep it we're going to own it together are we going to sell it are we going to wait until the market recovers? What if the market wasn't doing well when he said, I want out and you both would have lost a significant amount of money? It could have been a not so good outcome for both of you. Luckily, it wasn't, but it could have been quite negative. I think it's so important that if you're in a relationship, you have these conversations before it happens. Thankfully, it's all sorted out for you, Money Direction. You now are a fancy little homeowner. You've

got your unit you've got your alfresco area what does and it's probably too early to ask this question but how are you going to protect yourself in the event that you get into another relationship into the future yeah so i think it's really hard like with um australian legislation and stuff i mean de facto relationships you're kind of pretty locked in even if you're not married yes you are it's a bit of a fear and I have thought about it a lot um I mean I know there's been a lot of mixed sort of opinions that I've well that I've found with like binding financial agreements and things like that um so I'd still rather put in that money even if it didn't hold up later on like at least you had something kind of thing for that um and also just being like

really aware like when I like if I do meet someone kind of thing just being aware of like oh if they're staying or if they're paying for things around the house like that can all contribute later on and they can have a stake at that. I think it's important to have the conversation and it doesn't mean that there's a right or a wrong way but I think it's just important to have thought about it because I can completely understand where you're coming from because that's your mindset and you're like you know what that'll work out I'll do it this way and that way and that's so fine. I just think that too many people go into these situations having not had it even cross their mind. So, it's nice to know you're like, do you know what? I kind of know

what this will look like, but I'll work it out when I get there. But money diarist, I do think that that is all we have time for today. What a special story. Thank you so much for sharing so much about you and your mum and your journey. And I feel like we've learned so much from this and I'm so insanely proud of everything you've achieved. Thank you so much. Honestly, without money diarists writing in their stories and sharing them with us, we can't have this podcast. So I'm so, so grateful for you. But as I mentioned, that is all we have time for today. So 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 our respects to elders past and present and we share our friendship and our kindness. And 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 shouldn't be relied upon to make an investment or financial decision. And we promise Victoria Devine is an authorised representative of Australia Pacific Funds Management Proprietary Limited abm 34132463257 afsl 339151 see you next week guys bye