She's On The Money - Raising Money-Smart Kids & Feeling Stuck in a Joint Mortgage

Episode Date: August 7, 2025

What do you do when your financial goals clash with the people closest to you? This week, we’re diving into the messy, emotional side of shared finances, from property co-ownership drama to parenting across two households with totally different money vibes. First up: one listener is trying to build a future with her partner, but there’s a major catch... he owns a home with his sister, and she’s not ready to move on. We unpack what happens when family, finances, and real estate get tangled, and how to protect your relationship (and your sanity) when it’s time to move forward. Then, we get into a dilemma so many of you will relate to: how do you teach kids good money habits when they’re growing up between two completely different financial worlds? We talk boundaries, budgeting, and how to raise financially savvy humans without starting a family feud. Plus, we’ve got everything you need to kick off your weekend right: Your favourite money wins and confessions, broke tips you'll want to steal and all the unhinged chats you love.  Ready for more laughs, lessons, and unhinged money chats? Check out our oh-so-bingeable Friday Drinks playlist. Listen here. Join our 300K+ She's on the Money community in our Facebook Group and on Instagram.  Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements. The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs.  Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708,  AFSL - 451289.See omnystudio.com/listener for privacy information.

My name is Natasha Bamblett, I'm a proud First Nations woman, and I'm here to acknowledge country. Tii, gilinyan ganya, nianakaka yao yinbina waka, nianakai nianbina yakarumja, duminyagumiga dumiga ithawaka nirawaman daman imalan, mumibangada boma ininyalan waka, gaunan yakarumja, wutunarana. Hello beautiful friends. We gather on the lands of the Aboriginal people. we thank acknowledge and respect the aboriginal people's land that we're gathering on today take pleasure in all the land and respect all that you see she's on the money podcast acknowledges culture country community and connections bringing you the tools

knowledge and resources for you to thrive she's on the money she's on the money Hello and welcome to She's on the Money, the podcast that makes personal finance fun, especially on Fridays. It is our favorite day of the week because we get our little team together and celebrate you, our incredible She's on the Money community. Miss Just Gritchy is here and She is sharing her favourite money wins from the community, Bex Away, so I get to share this week's broke tips. And we'll be helping to answer a juicy money dilemma, which is all about things getting complicated

after buying property with a sibling and something that you slid into my DMs about, how to teach your kids about money when you and your co-parent have wildly different money stories. Guys, before we get there, Miss Jessica Ritchie, it's just you and I. Just hanging out today. Just hanging out like old times.

How's your week been? It's been good. I'm feeling a little bit run down, a little bit under the weather, but not too bad. I'm trying to think what I've done. I'll tell you, I started, I stepped up a level in ballet class. Excuse me? I went from absolute beginner to beginner. Oh, I love that.

Look at me go, which is so funny because now I can say this and I didn't want to say it when I was in the class. I'm 97% sure that one of the girls in my class is a listener and I'm pretty sure we've met her before but you know me i'm too anxious to so you had to wait until you were out of her class to say anything jessica there's not a lot of time to talk in class and also imagine if i went up to somebody and i was like oh my god like i remember you thank you so much for coming to our event and they were like who are you and the audacity to assume that i know who you are i would have died i would crawl up into a ball genuinely but i'm i would say 97 sure i'm not great with names but

i'm pretty good with faces but anyway so if you're listening just actually say hi i did see you I did see you and I didn't want to make it weird. Yeah. How's your week been? Good. I actually laugh because we can be incredibly socially awkward. It's funny on a podcast when it's just two of us in a room, but in person, I'm like, my week's been good. So something that I have been enjoying very much recently, McGriddle. Oh, you do love a McGriddle. I discovered them in America. And when I say I discovered them, I mean,

Brooke in our team made me eat one and I was so confused. I was like, I don't know about this. I fell in love with them. But McDonald's, you and I, we got to chat because in America you can get the chicken McGriddle, but you can't get the chicken McGriddle in Australia. So every time I like go to the drive-thru window and I'm like, hi, so could I please get the sausage and cheese McGriddle, but not have the sausage and put in a chicken patty? And they're like, give me two seconds. And then they're like, oh yeah, we can do that. Just put the chicken McGriddle on the menu. People are going to thank you for it. because it is the superior McGriddle.

You could say you and McDonald's have beef. We do, but I don't want the beef. I want the chicken. So that has been, I guess, the entire dilemma of my week. Jess, as always, before we get into the money wins and me getting to share Bexbroke tips, would you like a five-star review read to you? Of course I would.

I feel like I serenade you with these. So this one's from Naomi. I found she's on the money back in 2022 and have loved watching the show grow and evolve to what it is today. I haven't missed an episode. I love that Bec is so loved by the community as she truly is relatable in her life's perspectives and she's funny and real.

Jess, whom I actually met in Greece in 2015. Oh my God. My friend has always been the kind of person who radiates kindness and sunshine. And Victoria is an absolute powerhouse who keeps both herself and her content real, authentic and understandable. Together, this team makes each episode feel like you're sitting in a room with them having a nice

catch up. And honestly, I wish I could make this a reality for me one day. I mean, you did in Greece in 2015, didn't you? Keep up the incredible work team. You are changing lives every day through sharing valuable finance education for everyone, no matter where they are in their money journey. This is your legacy that will always be remembered for generations to come. Isn't that so sweet? how are you queen i'm pretty sure we rode a quad bike together i'm i hope you're well yeah no if i remember correctly i think we did a tour and i but i was on the tour with a group there was i think seven of us or something there was a big group and i'm pretty sure she was solo traveling and so we kind of just adopted her and she hung out with our like group of friends quite

a lot but she was lovely i hope you've been well my dog that is so cute i reckon i've got a photo of us on a quad bike somewhere yeah you have to find it and we'll be like this is jess and she's on the money listener before she's on the money that is honestly so iconic i love it so much all right that was our five star review which honestly pumps up our egos guys please feel free to leave some more five star reviews for us because it might just end up on the show but miss jessica richie what are your favorite money wins from the facebook group this week all righty first this week i've got one from lola who said money win i saw some free fruit at the op shop so i made some sorry what i don't know how random she said i see your random i'll take it and she made banana

muffins for her and her boyfriend and then dried some up for treats for her rabbits she did include a pet tax photo of the rabbits and i need everyone to go look at the photo of nettle biscuits because no sorry is his name nettle biscuits stop it uh she said sadly periwinkle parsley is too camera shy to be in the photo periwinkle parsley stop it i am die just in the group search nettle biscuits i'm sure it'll come up just even search biscuits my favorite thing of the week are you joking that's thank you parsley it's a little bit too shy pet tax approved but also are you guys picking up on this trend if you send jess a picture of your pets you're almost guaranteed to end up on the show next i've got a money win this week from laura who said her money win was that she deleted

Uber Eats from her phone apps. She's committed to cutting back spending in this category. She reconciled her bank statements for the last six months and said, oh my God, I got curious about my household and probably shouldn't have looked. Yeah. We've been talking a lot about Uber Eats in the office this week. I'm sorry, but I am so salty at Uber Eats at the moment. You guys actually know that we've worked with Uber before. Clearly that doesn't stop me. Like if you do something that I don't agree with. I don't care if we've had an alliance in the past. You guys have introduced early last month, you introduced afterpay to Uber Eats. I'm sorry. To me, that is wildly irresponsible

and taking advantage of people during a cost of living crisis. We have just had research come out to say that this cost of living crisis is hitting us harder than ever. And the way that you're combating that is putting afterpay on your, I'm really sorry. I totally get that food is an essential service do you know what I have no issue with you even after paying groceries you know what we're just trying to do our best if that's what you have to do I've had people write in be like V I know that you're all you know hater on after pay basically but like I used it for a doctor's appointment pop off queen you can use it as a tool to get the essential services that you need if that's where we're at girl that's where we're at and I'm just proud that you're finding a way

to put food on your table or go and get the medical care that you need. Like there is no judgment there, but you cannot tell me that Uber Eats is an essential service. Yeah, of course, Jess, we could have this conversation about how Uber Eats has coals and like we could buy milk and flour. At an inflated price. At a very inflated price that I would say is taking advantage of you in that situation. Agree. Because Milk Run, for example, free delivery over a certain amount and doesn't inflate their prices. Like there are just so many different things. I just, I am becoming quite disheartened with the process and just really frustrated because you know what? People in our community, hopefully, hopefully guys, you are going to see

that and go ridiculous. Absolutely not. Yeah. But it's not you guys I'm worried about. It's the people who aren't in our community who are going to go, Oh my God, great. I'm going to use that on Friday. Yeah. And then they just end up in debt and they're paying for a pizza over four weeks. Girl, it's not even like having a top that you don't wear that you could potentially put on Depop. Yeah. You already ate the pizza. It's gone. She's gone. Well, Laura won't have that problem. Well done, Laura. Next, I got a money win from Lily who said money win. I got a Smeg stand mixer from David Jones for $260 because it was their last and the display model. It's normally around 700 bucks. Then I've got a money win from Sarah who said she wanted to buy a snake plant for her

front porch. Her husband, for some reason, backed the car into the driveway last week. So she was was driving out front first and as she was doing so, she saw right in front of her like the heavens opened up on the side of the road on somebody's median strip, a snake plant. She didn't even take the whole plant. She took some clippings and she saved herself 50 bucks. Excuse me? You're like liberating plants that you could have had the whole thing off. No, I love that. She's left it for somebody else to enjoy, which I think is so swingy. Last of this week, I've got a money win from Deha who said money win. I recently got an email from my agent asking if I was using my car park. At first, I was a little bit worried because I thought the owner might want to rent

it out themselves, but it turns out they're actually in a bit of a bind with another unit in the same building and they needed an extra space. Dayha doesn't use her car park, so she said she saw an opportunity and negotiated. Now she's getting 90 bucks a month for her car park. Ah, money win. $1,080 over the year that she wasn't expecting. That's actually so good. I saw some drama on a different Facebook group the other day where someone had identified an opportunity so they have a car park in an apartment and a different car always parks in their spot because they don't use their spot. Still rude. I think rude as well because it's like clearly labeled and it's clearly not yours. So they put a little note on the car and said, hey, we noticed that

you use our car park regularly and we would love to rent it to you. And there was like an uproar in that community of like, I can't believe that you would take advantage of somebody like that. And I was like, I'm sorry, sis, get your bank. Like you've realized someone's basically using your spot for free. Correct. And if they want their own car park, they can pay for a car park or they can rent it off you. Exactly. I'm glad we're on the same page about that. So it is my time to shine. I get to do Bexbrook tips. Oh, I'm so excited. So I hope I do them justice. So first one is from Tanya and Tanya says, if you're really struggling for whatever reason, there is a charity organization called Lasagna Love. And they pair lasagna chefs with people in need and they bake

and donate a lasagna for you. I love that because in my mind, it's just like an army of little nunnas cooking up some good lasagna to feed the public. A hundred percent. And I just think that's like the cutest, like, sorry, I know that there are lots of charities who probably do a lot of really important things. Absolutely. Name a cuter one. That's a great tip. Sammy, this is my second says, my unhinged hack, and there's a few replies to this, so bear with me. My unhinged hack is refusing to pay for aerosol cans, dry shampoo, and instead I sprinkle a little pinch of corn flour into my greasy roots and brush it through. Interesting. Yep. And then someone replied and said, oh my goodness, I do the same, but with baby powder. And then someone else said,

same here. I've used plain flour before too. Stop. Haven't gotten corn flour or almond flour though. not sure how that would go. And then someone else said, I do this too, but I have very dark hair. So I added a little bit of cocoa powder. And then someone said, Mrs. Michaela, she said, I'm actually a hairdresser. Make sure you're telling your hairdresser you're doing this because the effect that has on your scalp can be dangerous if you're applying any form of chemicals at your next hair service. So if you're going to be putting a whole heap of stuff on your head and then going to get your hair dyed, hop off, keep up, but maybe just tell your hairdresser that your roots are full of corn flour.

That's so funny. The girl with the flour and the cocoa probably smells like a cake. I love that. I know, and I actually think it's so funny because I'm so sorry, babe. Almond flour is probably not a money win, nor is it going to probably absorb that much because I feel like almonds are quite oily. Plain flour, though.

Corn flour makes sense. Yeah. Plain flour, I feel like we could start creating cake on our heads. I'm going to try it and report back because I'm so intrigued. Cornflour is so cheap too. So I use cornflour a lot to like thicken sauces and stuff at home. I use it in my curried sausages recipe, which is on my Instagram for anyone who is interested.

But it's like $1.50 for like 500 grams. It's so cheap. Yeah, there you go. Anyway, are you ready? And this is like Bec's broke tip. She says, this is one I saw online. It's a cheeky Macca's hack. So if you buy a cheeseburger at McDonald's, it's $4.80.

But if you order a hamburger, it's only $2 and then you can add cheese to the hamburger and it will cost you an extra $1.15 for the cheese. So it only is $3.15 and you're saving $1.65. That's a good money win. Yep. And did you know that a small cheeseburger meal is more expensive than a small Happy Meal?

Is it? Same meal, but you get a toy and it's cheaper. Crazy. Also, side note, McDonald's does wings now with ranch and buffalo sauce. Sorry, what? I've been too distracted by the McGriddle. I know, they're doing the most.

Also, guys, if you're thinking, wow, this episode is sponsored by McDonald's. Oh, I wish. It is not. We just have a problem, okay? Should send them an email after this episode. It's not our fault. All right, so I think we did pretty well without Bec. Let's go to a really quick break because on the flip side,

we're going to be helping to answer a money dilemma, which is all about things getting complicated after purchasing a property with a sibling and something you slid into our DMs about, how to teach your kids about money, which seems like a relatively simple question, except for the fact you and your co-parent have wildly different money stories. Guys, don't go anywhere. Welcome back, everybody. Let's take a listen to this week's Money Dilemma. Hi there. Have you got a money dilemma you just can't solve? The She's on the Money team is here

to help. Every week, we tackle your dilemmas, both big and small, to answer your most burning money, career and life questions. To get involved, simply head to our website and leave us a short voice recording and you might just find yourself on the show. Now, let's take a listen to this week's money dilemma. Hi, she's on the money. My partner and I are looking to buy another property later in the year to live in together. We both own one property each. However, he owns his on a joint loan with his sister. He wants to rent their property out and we need the rental income to be able to borrow what we want to buy. However, his sister is not in a financial position to be able to buy another property or to move out. We have no idea how to navigate this situation.

Neither of them want to sell the property. What would you do? Oh, this is one of those tricky situations that we probably should have had a good conversation about before we purchased a property with a sibling. Yeah. Because it can get really complex. Like siblings and purchasing property together happens all the time. Like we write so many sibling loans at Zala Money and I feel like it's a good option. Like I feel like lots of people talk about, you know, increasing your borrowing capacity by like buying with a friend. But I would say, and I'm not saying that every time this is perfect, but I would say it's quite a safer option to kind of do it with a sibling because you already have I guess a deeper connection and

a deeper relationship and usually have similar values obviously please still get a binding financial agreement make sure we're all on the same page but it does get fickle when your lives are going in different directions yeah Jess how are you feeling before I dive even further into how I feel unpopular opinion perhaps how do I say this outside I mean you don't have to own multiple houses. So nasty. You know, I understand that you're trying to build your portfolio and that's really exciting. And I'm not saying that that is a bad thing. However, if your sister is, it sounds like she's not taking advantage, but it sounds like, you know, the options are pay rent to live in the house or don't live in the house and rent elsewhere. And if that is not also an option,

then I would say sell the house. It seems like the logical conclusion to me, she can either sell her half of that house to her sibling to the brother yeah brother sorry it was a very like he to her and her to him no look it made sense to me that's all good so she can either sell her share of the house back to the brother if that's something that works or they can sell the property all together you don't have to hold on to it like I I just think that to me it's quite black and white like either you pay the rent to live there like that's the obvious first choice if that's not an option I understand then you sell it yeah and to me it's it's quite like black and white that's the vibe I picked up as well, which was that the sisters living in the house at the moment.

Oh, I just assumed that. Yeah. That's, that's what I picked up as well. But I would say that we need to go back to basics and go, okay, you purchased a house together. That's fantastic. What's the rental yield meant to be on this property in this area? Because it's actually doing a disservice to both people. If your sister's living there, let's say your sister's living there for free because she owns it and we don't quote want to rent it out. But the entire purpose of purchasing it was it be an investment, right? So we could go, okay, how much is this house worth? Let's pretend it's worth $400 a week. I would say if your sister wants sole occupancy of that property, she has to pay for rent. You don't just get to live in that house. And I'm not saying

that she pays the entire amount. You can negotiate that, but she probably should be paying rent to live there if you are also paying rent to live in a different premises like the whole thing doesn't make sense to me I was like why is she are you living there together no I you know what maybe they are living there together at the moment and like one of the partners has coupled up and they've saved up another deposit and can move out but also why did you move into the property together in the first place did you move in because you both wanted a cheaper place to live and you wanted to be paying a mortgage instead of rent. At which point I would say, okay, well maybe you move out and your sister gets a housemate and covers your portion of the rent. That's a good option.

What does that look like? So I think there's a lot of things that you could work out. I know neither of you want to dispose of the asset, but it's sounding a lot like you're not on the same page. And if it's stopping and you're right, Jess, you don't need multiple houses, but if it's stopping you from achieving life goals with a partner, I would be seriously reconsidering whether owning that asset is actually the investment you think it is or if it's holding you back. Yeah. Which unfortunately it could be in a number of circumstances. It can get fickle, but that's why we need a binding financial agreement at the very start. Yeah. Hindsight's always on 2020, isn't it? Yeah. And also if you've got this property and you're planning

on purchasing a new property, you should be talking to your mortgage broker about, well, what equity do you have in that property? Because we can use that. Just because your sister's living in the property doesn't mean we can't use the equity. In fact, I'm not saying that this is the right way to go about it, but your sister might go, but I really want to live here. You can use all of the current equity for your next property purchase instead of splitting it 50-50. And then maybe you're both in a better off position because you were able to get into a house quicker. You didn't have to rely on the rental income. And wham, bam, thank you, ma'am. She gets to live in the house. You get the other house that you want. So talk to a good mortgage broker about your

options. But I don't hate the idea, Jess, of disposing of a property if it's becoming a little bit too fickle. Yeah, a bit messy. Yeah. So you're messy. Should we get into the DM this week? Oh, yes. I'm very excited. Okay. So the DM says, hey, she's on the money. Would love your advice on something that I think is a little bit tricky. My husband and I both work extra hours and weekends. So when our kids are with us, we can give them a really good life. But when they're with their other parent, things are very different. It's mostly centering, vouchers, a lot of debt and not great money habits. My husband thinks we should just leave it, that the kids will see both situations and work it out for themselves. But I feel like we should be actively teaching them

about money without making it sound like we're judging the other parent. If your kids move between two homes with totally different money situations, how do you talk to them without causing drama? Would love to know what other people have done. Interesting. I think that it's really great that you're being considerate and wanting to be respectful of your co-parent because, you know, it's very easy when there's a big gap between, you know, two people's situation financially, you know, sometimes people can look down. So I think it's really good that you're trying to be conscious of that. I don't think teaching your kids about money really needs to have anything to do with talking about the other parent's situation. No, money is a tool and we can

use it for A, B, C, and D. Like it doesn't necessarily have to be about judgment. No, I think it's a lot about maybe talking to them about the behavior that you're modeling so rather than talking about someone else like let's talk about what you're doing you know talk to them we work weekends because you know when you work extra hours you earn this thing called overtime it's extra money like teach them about what the job market looks like teach them about budgeting you know yeah center link is probably something that i would say you don't need to touch on because then you could kind of be getting into murky water with yeah and it's also not a concept that children necessarily need to understand they don't need to understand government benefits

we need to teach them okay you can save for things that are important to you and this is how we purchase groceries and this is what the cost of life is and you know my husband and I are working extra shifts so on the weekends we can go to the pool and get hot chibis after like oh cool thanks and like it's probably not a bad thing for them to start understanding that it's not love that drives those things. Yeah. Going to a different parent's house and maybe not having as like, I don't know, let's make up a situation, Jess, let's say with you and your husband, you are taking the kids to the zoo or something every single weekend. There's a big activity planned. Yeah. I would hate for kids to think, oh, my other parent doesn't love me as much

because they never take me on these big experiences. Like we always stay home. But for them to understand it's actually about resourcing, not about love, not about anything like that, sorry, is that not really constructive for everybody involved? Absolutely. We're not putting an unrealistic expectation on the other parent to spend a heap of money that they don't have to keep up. So I don't think it's the worst. I do think that there's age appropriate ways to talk about money and it depends on how old your kids are. And unfortunately I don't know at this point, but yeah, for me, it's more about what does that look like inside your house? Like if we step back and go, all right, baby Jessica, we want to teach her about money. What do we want her to know

instead of like, what should we be teaching? What do you want Jess to think about money when she's an adult? What do you want Jess to think about, you know, jobs and working and work ethic? What does that look like? As opposed to, oh, Centrelink. Does that make sense? Yeah. I think giving them pocket money is probably a really good practical way to teach them because then they're kind of taking on their own experience. They might have pocket money that they can take with them, which can help with, you know, if there's not a lot of money at the other parent's house, like that might help to alleviate a little bit of a burden if you're teaching them, hey, like we can save for money. If you want to get a snack from the canteen, like, you know, you need to save or you need to

budget or whatever. And it might enable them to do some of those things when they're at the other house. And I think you're totally right. Like not equating a financial position to love because just because that parent's on Centrelink or making use of services or doing whatever does not mean that they're less responsible or they love their kids any less. Like they're probably just doing the best that they can with what they have. And so I think again, like teaching your kids something that's centric to them rather than centric to another person. Yeah. They don't need to know about the household budget. You don't need to go, well, your other parent earns this amount per year, but we own triple that. Being a single parent is really hard. And I think that

it's awesome that you're being so considerate of the position that they're in. You could also just give them a heads up and say, hey, you know, the kids are starting to learn this sort of stuff at school. We're thinking about doing pocket money or we're thinking about, let us know if there's anything we can do to support that on your side. Like it's all about open communication with your co-parent, right? Oh my God. Did it just come back to communication? I know it's crazy. But So the first question we asked the community was, how would you parent in this situation? Only 11% of you said that you'd be direct and explain the difference. And 89% of you agree with Ms. Jessica Ricci and you would focus on modeling just good money habits. The next question

we asked was, what would you do if you didn't agree with your partner on how to handle it? That's when it gets a little trickier really, isn't it? We're assuming that hopefully you guys will be on a similar page. Yeah. So 55% of you said, I'd take the kids lead when they asked. Like they're not going to be jumping in. 33% said I'd hold off until we were on the same page. And 12% said I'd still be talking to the kids about it. Which I don't think is the worst thing in the world. Like at the end of the day, like it's a tough conversation to have, but money is a resource that you're not going to escape. It's like the one thing that is central to everybody. we all have different like money thoughts and values and beliefs but like sorry they're all

around money like you can't exist in this society unfortunately without having to interact with cash in some way shape or form yeah and it's about sending the kids up for success too like it's giving them the financial literacy to hopefully ensure that they can look after themselves when the time does come for them to be earning their own money exactly so we asked the community guys what is your two cents? First person said, as a kid who grew up between two homes like this, shit, I wish this was talked about. Yeah. But like reflection, so helpful for us. Another person said, kids are ridiculously observant. They teach them by discussing money in front of them. That's a great point. Another person, they had a two-parter, said, it's not

your place to speak up about the other household's finances. You never know another person's reality either. I do agree with that. I think keeping it centric to your world, to them. Yeah. We don't need to put somebody else down or comment. This is what it can do. Yeah. I mean, you can do that whether you're on Centrelink or not. Absolutely. I think that it doesn't matter how much money you have. Teaching your kids about money is not about giving them cash. No. Like they could help with the grocery budget. It could be really stingy this week because life is tough, but like, oh what could we do with 10 bucks how could we make that kids love a game like something that and I mean I only have a what's 18 month old but like kids don't want to be distracted they want

to be included like they want to be part of the process but it's your job to work out okay how how far into this process should we be getting what is age appropriate yeah next person said there's no shame with needing support from the government it's there for a reason absolutely couldn't agree more. Next person said, if the husband is the bio parent, she needs to respect his wishes, even if she disagrees. I would disagree with that. Like if your husband doesn't want to talk to the kids about money, really sorry. Again, it is literally the biggest resource of our economy. Yeah. I need you to understand it. Yeah. Like you guys, if that was the case, you would need to have a conversation around like, well, our values aligned, our plans for

the kids aligned yeah like and I'm not saying like no is a full sentence but I'm not saying that that doesn't he doesn't have to talk to the kids about money be like okay well I'm going to be teaching them in this way is there a way that you'd prefer me to teach them like yeah is there a topic you don't want me to touch on yet like yeah I kind of interpret it too as him being sensitive right like not he's saying oh like I don't think we want to you know we don't want to do something that might make the other parents seem othered or anything like that as opposed to like saying, I don't want to talk about it. Agreed. And my last one, I think is a good one. They've said, it really depends on how old your kids are. Toddlers don't need to know explicitly,

but teens definitely do. I really agree with that too. Yeah. I think that as a teenager, sorry, it would have really benefited me to be a little bit more savvy when it came to getting my first job. What is superannuation? How does the tax system work? Like not just pocket money, just how it works yeah and I will say that the younger you start them the more normalized that becomes too like there's something to be said for like yeah you don't need to tell your two-year-old oh my god money da da da but like introducing even really simple concepts when they're younger I think means that they're it does open up that line of communication make them comfortable with it and hopefully set them up for success for the long term yeah all right well I feel like

That's probably a very good place to leave her. Good chat. Just you and I hanging out. It's going to be this way, guys, for a little while because Bec's on, what do we call it, like a secondment? I like that. It sounds very fancy. She's on secondment.

She's taken up a four-week role at the ABC and we are so ridiculously proud of her. But it means she's not on the show because she's too busy. She'll be back. She'll be back. All right, guys. Have a good week and we'll see you bright and early on Monday for a money diary. Bye. Bye.

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