She's On The Money - Moving on out (of home for the first time)

Episode Date: July 27, 2021

Moving out of home and need a hand managing the money side of things? We, sweet angel, have you covered. Join V+G as they discuss the ins and outs of how to prepare for this momentous step, including their top money saving hacks and the age old question - to live with friends or not to live with friends? We also spoke about the fab Dietititan Edition on the pod so check her out if you haven't already and be sure to have a look at our E-Cookbook packed with affordable, healthy recipies we think you'll love!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. Moving out of home is an incredibly exciting step. There's the independence, the freedom, the thrill of living with mates for the first time. But as I quickly learned when I moved out for the first time, along with all of that excitement comes a whole lot of expense. It's real spino. Yeah, it really is. So today we'll be talking you through the A to Z of how to prepare financially before you take the leap

and move out. Plus, we'll be listing our top tips and some tips from the community for frugal living when you're set up and in your new home. My name is Georgia King and joining me as always is financial advisor, Vicky D. We're still using that name, are we? Have you noticed that it's taken off a little bit? What do you mean taken off? It took off ages ago and now it's really up in the dem skies. I feel like our community kind of act like friends, but also siblings to me. Like, you know, how they use like annoying nicknames that they know you don't like, but they're like, but she'll put up with it. Cause like she sounds this kind of thing. Like, yeah, I get it. Like it's endearing, but it's just, it's just not my name. She loves it guys. Keep on,

keep on keeping on. So there is a lot to consider when it comes to moving out of home. There is. What do we need to factor in from a financial perspective before we move out? Well, if we're in the position where we are thinking about moving out of home, some of us were forced into it. So I just want to like acknowledge that this podcast I guess this specific topic has come from an overwhelming amount of people in our community being like we need help what is going on what is this but I think we also need to acknowledge that to make the conscious decision to plan to move out of home and go okay well can I afford it or not is not afforded to absolutely everybody and some people were forced out of home some people were kicked out of home some people didn't

have a home so I just want to acknowledge that we're not so naive that we don't know that this is not the quote usual process but this pod is literally to talk about the costs of moving out of home for the very first time whether that is you being a uni student or you've got your first job and you're finally doing it like this pod is I guess a little bit more specific I mean it's still going to be useful information for anybody but I didn't want to just dive straight in and say oh well this is the process and this is how it works like we're not silly guys no that's really good yeah make clear at the top but first things first back to your question G King what do we need to consider first which I remember being really stumped by because I was like me too I didn't see

it coming like just kind of like came out of nowhere and hit me in the face the bond so the bond is usually a month's worth of rent that you have to pay in advance that gets held as kind of like a security over the property in case you like damage it and then run away they can use the bond to fix the property so that to me ended up being far more expensive than I thought it was going to be so it's usually four weeks can be six weeks can be more it's actually up to the landlord how much bond they want to take for the specific property like if you were going to rent a mega mansion maybe the bond would be a bit more because there's a lot of costs but usually between four and six weeks worth of rent. And you have to pay that upfront in addition to paying a month's rent

upfront. Yes. That's a lot from the outset, isn't it? It's spino. And you know, it's really overwhelming because sometimes when you're just thinking about moving out of home, you're like, oh, well I can afford $200 a week if that's what your rent is. Like we often don't consider that we need to save for a bond and make sure that we have the first month of rent in advance to pay. It can just feel like, oh my gosh, this got really expensive really quickly. Then there's bills. sometimes you get lucky and some of them are included in rent definitely have a look at that my last rental we didn't have to pay a water bill really because it was like in a townhouse complex and the water bill was paid by body corporate money wins did you have to pay body corporate

visa no because i was renting and that was that was a cost that the landlord had yes thank you money win but you'll have things like electricity and gas and wi-fi and water and potentially insurances that you want to set up but we'll talk about them in a hot minute then if you don't have family or mates that have like big station wagons you can chuck all your stuff in the back of or like me when I first moved out of home a two-door tiny coupe car that you like put the seats in the back down and stuff full and do a hundred trips back and forth because you're like I'm not paying a removalist but you might need to pay a removalist and then a really niche one is parking permits so if you're moving into a CBD location that has a permit on the property that maybe doesn't already

exist you'll have to pay to apply for the permit if you want that parking space again ask your real estate agent they'll know more than me but I remember being super surprised when I moved out of home to the city and I was like what do you mean what's a parking permit like how does that work and just being genuinely shook that you had to pay for that as well yeah I think from memory it's about $100 a year for a parking permit. Yeah. Like it's not heaps, but like when you're moving out, another $100 on top of everything else you're already paying and how much you've already spent at Kmart. It's a lot, Georgia. Okay. So they're the main things we need to factor in before we've moved out. What about when we're in, we're living, we're doing it,

what should we expect to pay then? So obviously rent, like we need to consistently pay that. that was the agreement you'll have bills obviously again mentioned them already but there'll be things that are ongoing so and things that fluctuate important to understand as well like sometimes you have to over budget because you don't know what the electricity bill is going to be especially in that first year of moving out you're kind of like well I've never lived in a house with two other people and I don't know what that's going to look like it makes sense so sometimes you have to over budget to make sure that you can afford the bills because electricity is based on consumption whereas like your phone bill you might be 50 bucks a month and you just

know that for sure so it's about understanding your bills and then you know if you are a bit confused I've said this about insurances I've said this about super call the call center call up red energy and be like hey red energy I live in Richmond and I have two housemates can you give me an idea of what my my electricity bill is going to be it will help you and they will know because they'll have all the averages and all the research and they will know or ask your friends that live in a similar area you also have groceries so food obviously you gotta eat it i was really good at ramen at uni like every stereotypical university student ramen frozen vegetables you have got yourself a creme de la creme meal but you'll also have ongoing costs

which can be causes of tension in relationships with your housemates which I think we covered yeah we did speak about this recently yeah because I was talking about my quote fake housemate Chloe that's correct her name's not Chloe but interesting but you'll have household expenses like toilet paper and cleaning items and maybe you have instant coffee that you all share and if you're living with housemates it's going to be up to you on how you do groceries like you might just do a big shop together and share those things or you might have your separate shelves in the fridge and you eat your flour and I eat mine and we don't cross over but maybe we share the salt and pepper like this is where communication is really important to understand the expectations of

your future housemates and it's something that I didn't have that conversation when I moved out for the first time I just didn't know I needed to like I moved out and it was all sunshine and roses and I was so excited because we had this apartment and I was 18 and that was just like so cool and I was like all my friends can come up on the weekend that was all I cared about but then having a discussion around grocery bills we ended up doing it as a house I don't eat meat yeah so that made it really expensive and I was paying for something that I wasn't consuming or using and then other people liked like chips and snacks and stuff but mine were different and I think it's just important to set those expectations and know what that really means so in theory great i'd love

to share the grocery bill do you though yeah yeah so i think it's really important and we mentioned last time as well the app split wise flagged before really great app not sponsored wish we were we could do such great promos for that business but split wise is a really good app to keep track of your spending and make sure that you're not having to text g king 50 times and be like, I was just wondering, can you please transfer me X for the grocery bill or for electricity or whatever? Like, and it just doesn't get lost. Really helpful. So what is the easiest way to manage our expenses then VD? We're young, we're out of home and now we're like, oh my hat life, it's expensive. How do we, how do we deal with that? You have a budget and I'm sorry that

that's so bland, but a budget is just going to tell you what to expect. There's a free one on the She's On The Money website. Download it. Use it. I've put as many categories in as I think are necessary. Completely editable though. You can add your own categories. You can delete all mine if you think they're terrible. But it will show you what your income is. It will show you what your expenses are. And you could even play around with that budget and just put in pretend expenses. Like do a mock budget. Like that's something that I think is a really good tool if you're thinking about moving out or even thinking about leasing somewhere more expensive put in the new expenses and see what that does to your cash flow and how much you'll be able to save or how much you'll be

able to live on for groceries or whatever that looks like but I do genuinely think you need to plan and actually just break it down like we can't not have a budget a budget is not something that's restrictive it's actually something that tells you how much money is going into your bank account and how much is coming out and do I have enough to meet my commitments like it's not actually going well actually Georgia you only have $50 a week for groceries it's how much are you spending on groceries and is that stopping you from paying the electricity bill because if it is you're not going to have electricity or you might get kicked out of your house like it's actually really important for you to understand how much money you have coming in and how much you have going out

even if you're at uni even if you're casually employed and just do a few shifts here and there even if you're on Centrelink, it doesn't matter. You just need to understand how much do I have each and every single week to allocate towards the expenses that I have in my life. That's as simple as it gets. And probably as well, V, assume the worst with those fluctuating bills. Just imagine that it will be as expensive as it can get. I always like to build in a buffer and make sure I have a little bit more. And I know that's a luxury that not everyone can afford, but if you can build in a buffer great and if you can have your emergency account that's also really important and I'd actually like to go back right now so like pretend there's like a little rewind sound

and go back to the top of the podcast where I said what are expenses that you'd want to have before you're moving out if you have the grace of time to plan and save before you're moving out save your emergency fund put it to the side you're going to feel a million times better you're going to feel financially secure if you don't pick up a shift at work or something changes or you know you break a light and you have to replace it and then you have to split it between the housemates like you're not stressed about those costs so v how much rent is too much rent is it a percentage of our income i know you're gonna say no yeah i don't like percentages and i just don't like percentages because it makes you compare yourself to other people so it's immediately saying well

that's the expectation compare yourself to that are you meeting that expectation when in reality that's not the case like I've said this before but say I said to you the optimal amount Georgia to save is 20% of your income you'd be like okay great love having a goal but if you earn $400,000 a year I'd want you to be saving a lot more than that because obviously that's a lot of cash flow but if you're a single mum and you earn 40 grand a year that's an expectation that you're putting on yourself that just makes you feel terrible about yourself because that's not possible so that's why we don't like percentages but working out what your goals and what your cash flow is and what you're comfortable is is really important. Now to completely contradict myself I would never

want to see you paying like more than 30% of your income towards rent but I have seen friends I've seen people in the community who are paying 50% of their income towards rent or 60% of their income towards rent and you know what in some situations completely unavoidable like I'm not judging it but it is not constructive you need to really re-evaluate that because that's a lot of money for rent like and I don't say rent money is dead money that is not how we view rent rent is you choosing a lifestyle you could choose to live in the city that is your investment in that lifestyle and living your best life and you know your mental health and your living experience that's really important, but I think it's also really important to go, okay, cool. Like how much money do you

actually have coming in? Are you a real rich uni student? So it doesn't matter so much. So you can have the nicer apartment. Like how much can you personally afford out of your cashflow? Is that $150 a week? Is it $300 a week? Just work out what that is and then go from there. You hear a little bit about renters insurance fee. What are your thoughts on that? Is that something that we should be? I love insurance because I'm very averse to risk and I like to cover any risk that I have. Renter's insurance is not going to cover the property, but it will cover your assets if there's a fire in the property and they get damaged or a flood in the property and it gets damaged or a burglar breaks in and steals your iMac. So I think it's important to have

because it's just protecting yourself and renter's insurance can actually be quite reasonable. Like you might not have looked into it because you're like, I cannot afford another cost. I get it. But average from our research, Georgia King, and I mean, we could have been more comprehensive here, but we weren't, is about $150 a year. So that's pretty reasonable to give you. Especially when you split it between multiple housemates or you and your partner, whatever it may be. Yes.

And that's the important thing with renter's insurance. You can't just get it for Georgia King's bedroom. Like you can't. It's for that house. So you could choose to split it between your housemates and go, cool, throw me a $50 and then we've got insurance. or you could pay for it outright if your housemates don't want it and just not list their items or you know it's your insurance but it does cover the whole house I err towards having it

because I like peace of mind to know that it's protected and if you're a uni student or you're like moving out for the first time like a three thousand dollar macbook going missing is seriously going to impact your budgeting and knowing that you've got an insurance policy that just protects That, to me, is really important. Yep. And, I mean, I have a lot of nice shoes, so I want to make sure they were protected too. And some nice earrings, which I saw earlier. They were on my desk.

Lovely. All right, let's leave it there for now. But after the break, we will be chatting through our tips and the tips from the Shoes on the Money community on how to save when you're out of home. So please, guys, do not go anywhere. V, let's get straight into it. We've knocked our heads together. We've had a look through the group. Let's talk about how to save when we're out of home.

Okay, we could consider having that conversation. I really demanded it from you. Yeah, look, I was really bad at saving. But here's an aspirational list of things Victoria wished she did when she was between the ages of 18 and 23. Yeah, well, hey, I've got some tips. Remember my tip from Friday Drinks? Eat your mango, ditch lunch with your friends,

just have your dried mango from your bag. Look, if you were in a position where that was necessary, I would totally agree and be like, you know what, you were doing the best thing for you at that point in time. But knowing you, I'm like, okay, Georgia, of course you did. That could have been the most boring story I've ever told on the podcast as well. So apologies guys. I would argue that's not the case, but I know you went through the Facebook group and got a couple of tips and tricks from our community. What are they? Okay. So we've broken this up. So the first section is home decor and essentials so Joanne because you do have to style your place you do it has to look cute yeah like obviously not like we haven't gone straight into the essentials of like cool you need

to buy a toilet brush and please have a mattress like bed frame negotiable not necessary I had a housemate for a while who had milk crates yeah also fine they work yeah they work they do the job but yeah I think this conversation is just about like how do you actually save while also having a whole heap of overheads that you've never had before. Precisely. So Joanne from our group, she suggested the brilliant, the obvious Gumtree Marketplace and eBay for those bigger items like couches, TVs, fridges, washing machines. Yeah. And that's actually one of the best ways to do it. So like, I remember you and I having this conversation and my sister has done this as well. She's a little hoarder. I love it. But before she moved out, she started collecting things

and stealing things from my mom and putting them in her box in her bedroom for her future kitchen she'd be like oh you have two colanders what a coinkydink you now have one um but preparing for it before you move out great idea like if you go to op shops you can get cutlery you can get plates and bowls and like look around that is how I furnished my first house because I also had the privilege of taking things from my mom's kitchen that I knew she wasn't using but how good is it to get secondhand stuff. Like usually you can get a pretty good quality count. That's the cost of an Ikea one. Oh, for sure. For me, yeah. I like to have a look around though, but it does take a lot more effort than just going on the Ikea website and having one delivered. I'm not saying that

that's what you should do. I'm just saying. More effort. You can get a really nice one. Yeah. But yeah, I mean, there's so much choice on there and you can get pretty much everything that you need. thoughts on mattresses i think a mattress is a good investment i i don't know who told me this i feel like it was my dad but i don't know but whoever this smart person was said that you should save money on everything that doesn't separate you from the ground so you should buy good mattresses good wheels for your car you should buy good shoes because they impact your posture and i just thought that was like smart from papa eric maybe papa eric we don't know maybe dad yeah maybe dad i don't know we'll confirm with him later or we'll just give him the credit because that's a

good tip um the obvious here as well is kmart guys look i know that kmart is great we all love it we all go there if you're in a position where you can you know be more sustainable and buy more things i think that is great but i also think it's just about being a little bit more conscious with our spending like Kmart's really accessible and if you're going to be using this item all the time and it's going to break every two months and you go buy a new one I'd probably err towards saying well Georgia buy the more expensive can opener like buy the thing that keeps breaking like stop being disposable about it yeah but do you know how much stuff I have in my kitchen that's from Kmart like 10 years ago I still use it I still love it I'm not going to get rid of it and I think

that it's just about making the decision that's right for you not necessarily what everybody else things. The number one essential to home decor is of course plants VD. I'm going to handball this one to you. Why are you going to handball it to me? Because you are the plant lord. I am. I actually thought you were going to say because you take clippings of everybody else's plants and therefore you get free plants. Precisely. Which is true. But in my opinion plants are essential apart from like a mattress also essential. But obviously Bunnings really great place. Really cheap plants at ikea yeah really cheap plants on facebook marketplace as well i feel like i'm biased but if you're moving out of home and don't have a lot of decor like a plant might be 15 bucks but it

adds a lot to the space to make it feel a little bit more homey a little bit more comfortable again personal opinion i mean you probably are listening to this podcast trying to get legit advice being like victoria how much do i need to save buy a plant on marketplace head to bunnings I have no regrets about that though but yeah again worth it obviously but again don't feel pressure to have your home ready for the architectural design tour like just make it your home and your stuff and I guess that's why I really liked when I was first moving out of home looking at op shops and like I had the grace of time on my side so I knew I was going to move out so I could go to lots of different op shops and I wasn't like desperate to get stuff in a week

like for the six months before I moved out I was looking online and I was going to different op shops and browsing around and I had a list of things I wanted to get and op shops were really great like I remember picking up a really sick looking coffee table that my last housemate stole so that was good um the next lot here V is bill management yeah that one's a tough one we did touch on it earlier but what's the best way for us to keep costs down when it comes to our bills being savvy so when I say being savvy obviously keeping a budget and knowing what your expenses are going to be but also just being curious like can I get a better deal what's going on over there how much are my friends paying yeah like and just being on top of it because so many times good

example of this is my phone bill I thought I was getting a really good deal because I'd brokered this good deal like two and a half years ago or something on the phone with the guy from my phone provider and I was really happy with it so I didn't think about it again but it had been two and a half years so my friends were getting a better deal and when we're at brunch one time they were like oh yeah like my phone plan's like 30 bucks and I have unlimited data and I was like wait what like mine's like 50 and I have like two gigs of data so I think it's just important that even though you got a good deal in the first place at that point in time renewing and refreshing things often is really important and this is not a sponsored mention i just think it's a really good

recommendation we do work with them though get reminded the app you can download it and put all of your reminders in and it's not reminding you that your bills due you can set it up for that but it will remind you in 12 months to be like hey jay you last reviewed your electricity 12 months ago spend five minutes go do a quick quote comparison do the same for your car insurance and make sure you're always getting the best deal. And I think there's also a lot of power. Even if you can't find a better deal online, once a year, give them a buzz. Hello, I am a very valued customer of yours. And I was just wondering, am I eligible for any discounts or any rebates or anything like that? Or is there a better deal that you could do? And if you're kind on the phone,

that person's probably very likely to be like, oh, this girl's nice. I'd love to help her out. so I think that there's a lot of power in just being curious and on top of it and never feeling like you are a burden does that make sense like so many times we're like oh my gosh I don't want to call it's literally the people on the other end of the line's job and hopefully they like their jobs and they want to have a chat with you otherwise they wouldn't have applied for that job and they want to keep you on board they want to give you a good deal so that you stay with them and a couple of Friday episodes ago we were talking and Ryan John said like it's not like you're picking up the phone and the CEO answers yeah like they're people like you and I and they're

people in our community and I just think yeah it's not as scary to call I promise definitely not um the next point here is from Nikita and she said to help keep bills down turn off power when you're not using it yeah only use the heater when you really need it okay put a jumper on really important yeah yeah the heater in winter really does add up and also the air con in summer like I feel like there's a lot there to unpack and have the chat with your housemates as well because if one of you is working from home and the others are in the office but that person has the heater on all day that's a good point what does that look like yeah and to be honest it can be really frustrating like if you haven't moved out of home yet you're like oh I'll be chill

these things add up and they grind your gears and they create unnecessary frustration with your housemates it is better to just have a conversation and say hey like you're home all the time what are we going to do about it yeah I think hot tip here not related to cost but more related to communication when it comes to talking to potential housemates don't accuse them of something use emotive language like oh I feel like you're potentially using more electricity that's much easier to have a proper adult conversation than Georgia you work from home and you use more electricity like that's you going in really confrontationally so I think thinking about our language before we want to have a conversation with a housemate is going to pay

off because we've all been in a situation where you're frustrated with a housemate because Lord knows they can get really frustrating, but having an adult conversation and approaching it from a position like, hey, it's actually you and I against the problem, not you and I against each other. So how are we going to deal with this? Like what's the most fair way to split the electricity jay you work from home five days a week and i don't yep like that's an adult and very helpful conversation to have instead of getting frustrated and be like georgia you work from home and you use more electricity and it's unfair yeah and they might not have even thought about it exactly so just like have the chat don't let resentment build for no reason yeah and nine

times out of ten the other person's just oblivious yeah and you're like i can't believe they're audacity and then it's like they don't know like just tell them yeah yeah for sure um okay the next slot here is our food tips v-lord uh courtney in our group said that when it comes to food it really pays to be as organized as you can which really makes sense plan ahead um so that you don't end up at the supermarket night after night buying yeah you know more chips yeah and one hot tip that i have is have a few backup meals in the pantry things that last so have some pasta and a few like packet sauces and i know that you know maybe you're a good chef and you want to cook everything from scratch, but I guarantee you if you've just come home from work or uni or whatever

you've been doing that day and you're exhausted and you're like, I don't want to go to the supermarket, you've got a backup. It was a really cost-effective backup that's in the pantry for the times where you're just a bit tired, don't want to go and do the supermarket, but would have leaned on Uber Eats. Yeah, exactly. So have a few backup meals and factor that into the budget to have in the pantry. Make sure they're long lasting though, because you don't want to go to the supermarket every week and be like, oh, heaps of fresh produce and veggies. And then they go off and you're throwing them out like we're thinking long term so like frozen veggies in the freezer which are really good sources of nutrients and having like some pasta and like maybe some sauces that you

can use which I think are really helpful or better yet if you're cooking always cook an extra meal and chuck it in the freezer smart future is gonna thank you for that one and we're all about future you aren't we V we absolutely are um sticking to a price limit on groceries also a hot tip that I used to try and do I think I'd stick around the 60 to 80 dollars a week yeah that's pretty good right yeah and I'd be like oh do you need that extra thing maybe not yeah and hot tip to make you think about it more while you're actually shopping because it's so easy to slip another block of chocolate into the cart take the cash out yes I did that for a while yeah know that that 80 bucks is in your wallet and you can't go over it because you don't have any more so you're going to

be more conscious going around the supermarket being like oh do i need it uh yeah i've got that and you might know that you've only spent 60 bucks so you can have the chocolate yeah exactly we just don't want unnecessary spending yeah final tip is of course to get around gossips wine four dollars a bottle georgia you're gonna love it are you we used to pretend we were just cooking uh stew your sister and i yeah of course you were we just need the six we're making a stew sir oh and he was like yeah that'll be 20 you cheap cheap ladies i don't think i could get around gossips wine probably not now now that we've tasted the finer things yeah the finer things in life like six dollar bottles of wine but yeah i think i think that's one thing that can really

add up and you know again when i was at uni food did get out of control quite often i'm someone who loves having my friends over and entertaining and i'd always feel like i had to cook them a meal so get around it if someone's going to come over hey gee you bring the wine I'll cook dinner and just like have conversations that are a little bit more money conscious because they're going to pay off in the long term and make everybody feel a little bit more equitable 100% and also remember we did that um a cookbook online last year with your friend Millie Padula who is one of the most delightful humans she's an angel I follow her on Instagram she's getting like real popular she is dietitian edition if you want to follow her but we did we um collaborated last

year and did a big cookbook with lots of budget recipes which are perfect for uni students yeah now she's gone viral yeah um love you mill uh v to round out today's show there was a final tip from jess in our group who said that we do need to be careful about who we choose to live with this is true living with friends can be risky any thoughts on that really hard again communication yeah i've seen a lot of friendships dissolve completely because they've moved out with their best friend ever. And then it's hit the fan. I think you just need to be really conscious of it because it can be really hard. I have lived with my best friend. So Steph and I lived together for like three years or just over that, which is a pretty good stint when it comes to having a

housemate. And there were some hot times where it got a little bit spicy between the two of us. But I guess both of us having psychology degrees and being relatively good at communicating, they never lasted too long but I think you need to really evaluate who you do live with because it can get pretty nasty if not I'm not trying to be scary but like if you really value that friendship and don't want to put it at risk like saying that is putting that relationship first and I think that's really nice if you're like oh I would never want to lose that friend like you know we're both a bit hot-headed and oh I just don't want it to blow up I think it's really important but also really important to remember that more often than not your housemate is very

unaware of how your pent-up anger is building up like they don't know they've got no idea talk to them yeah like so many times I remember when I was like 18 just moved out I moved out with like a relatively large group of people and I'd always be so frustrated but no one knew I was frustrated so yeah talk to them have chats yeah be good at communication and don't be accusatory when trying to have discussions because regardless like now this is a relationships podcast um But in any situation, whether that is work or life or with your partner, like if you accuse someone of something, they're going to immediately be defensive. Because if I go, Georgia, you did X. If you did it, you're going to be like, oh, I have to be defensive because like they're saying this is a bad thing.

If they didn't do it, they're going to be defensive because they have to defend themselves because you've just said something incorrect. Whereas if you go, hey, I feel and the I feel comments are really helpful, especially when it comes to housemates. or, hey, there's this issue that we need to solve together is really helpful. It sounds a bit fluffy but I promise you it will come in handy. It's good. And face-to-face. Don't be sending those passive-aggressive Facebook messages.

Oh, my gosh, no. No passive-aggressive Facebook messages to the group once you've left the house. No passive-aggressive notes left in the fridge. You talk to your housemate like the person that they are. We could do an entire Housemate Tales podcast. Couldn't we just? It wouldn't even just be an episode.

It would be a series, Georgia. Get past housemates on the mic. Oh, like money diaries? Hear their stories about us. Housemate diaries. We are done here. Have fun moving out, friends, and share all your money-saving tips and tricks with us in the Facebook group.

We want to hear it. We love it. Absolutely. But, as always, 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 general in nature and does not consider your individual circumstances. She's on the Money exists purely for educational purposes

and should not be relied upon to make an investment or a financial decision. And we promise Victoria Devine is an authorised representative of Australia Pacific Funds Management, Proprietary Limited, ABN 34132463257, AFSL 339151. And big love to Tony Lodge who has whipped together today's potty.

She'd be a great housemate. I think she would. She makes a really good spicy margarita and that is a very good trait for any. Oh, speak of the devil. She's just walked in. We have to go, guys. Bye, bye, bye.