The Vault with Financielle - “I Was Forced To Spend My Savings” | The Vault Episode 30

Episode Date: September 18, 2024

Send us a textVisit https://www.financielle.co.uk to join our community!In Episode 30 of The Vault, we discuss this week’s controversial opinion, “In a divorce, you should get out what you put in financially”, before diving into our listener dilemmas:“I have a Financielle disaster”“I’m scared to clear my debt!”We celebrate a listener's incredible win as she mastered sinking funds 💪, paid off £4k in credit card debt 💸, and still had enough to surprise her best friend with a wedding cake 🎂👰‍♀️—all on a modest salary!If you’d like to share your money win, head to the community in the Financielle app or email [e-mail] your (totally anonymous) money dilemmas to [e-mail] and we may feature yours on a future episode 💌Thank you to our partner PensionBee, who are on a mission to help you build pension confidence and create a world where everyone can enjoy a happy retirement. With PensionBee you can combine, contribute and withdraw online. Join over 252,000 customers saving with PensionBee. When investing, your capital is at risk.Sign up and combine your pensions here 🐝Chapters:00:00 Introduction and Lucy's Shoes00:48 Welcome to The Vault02:54 Controversial Opinion: Divorce Finances08:54 Financial Knowledge and Transparency15:18 Financial Disaster Recovery16:42 Bridging the Financial Gap17:40 Emergency Fund Strategy21:22 Community Win: Sinking Funds Success24:25 Dilemma: Fear of Clearing Debt29:31 Final ThoughtsThe Vault is an entertaining yet thought provoking podcast that answers our community’s dilemmas and confessions surrounding women and money.Visit https://www.financielle.com to download our app.Watch the podcast on YouTube.Follow Financielle for more:▶︎ TikTok▶︎ InstagramAbout Financielle:Financielle is a female focussed finance app helping women to take back control of their money, ditch debt, increase savings and invest in their future.Recorded and Produced by Liverpool Podcast Studios▶︎ Web ▶︎ Instagram▶︎ LinkedIn

We talked about Laura's shoes last week, but now I feel like we need to talk about Lucy's shoes. So if you're not, for all the listeners that aren't watching on YouTube, can you describe your footwear for us, please? It's a good excuse to subscribe. Yeah, YouTube. Join the channel. I'm jumping on the ballet pump, trying a bit late, but giving it a go. Seeing if I can revive the new look era. They're a chrome silver slingback ballet pump.

They're very shiny. They are. Magpie. Doesn't match because they've got gold jewellery on. It's alright, we'll let it slide. They look great. Love them. It's giving, we'll let it slide. They look great. I love them. It's giving ballerina. Welcome to The Vault with Financial. This is a safe space where we talk all things life and money and no topics are off limits. Good morning. Good morning. Happy Thursday. Love Thursday. Favorite day of the week. Vault day. Love Thursday, vault day.

I know lots of people have been asking for longer ones we're trying I know but you're like sometimes you can't shut us up

so I'm surprised they are as short some days as they are we try our best just was trying to wash out the cuss cuss show me how to that side

you're okay you're like there's probably a gap in mine calm is loving oh it's right this is what happens guys when you um meal prep meal prep buy from the supermarket bring your food i was being organized and you end up with teeth have you seen the tiktok girl and she's

like i will never meal prep again because one time a meal five meals and then ate them all it backfired the comments are like you must be so good at cooking don't worry about it yeah when when there's leftovers sometimes you're like oh that'll do for lunch tomorrow and then an hour later you're like hmm sit there by the pan like just another mouthful and then you're like it's not really a meal now I'll just finish it do everyone a favor it's worse when there's only one there's what I know. I'll just finish it. I'll do everyone a favour. It's worse when there's only one, there's only enough for one portion left over.

Because in my family that often happens because there's a lot of us that you don't usually overcook to like double up for everyone. And it's the race between me and my husband who can have leftovers. I was like, there's stuff for a sandwich in the fridge. Going to work, bye. Run off for the Tupperware.

God, Alex always gets all leftovers come on Lucy why I don't know he just like I do assume now as well

I'm like oh you can eat that for lunch tomorrow absolutely not it depends though she then has a better

lunch yeah if I've got a good lunch you keep it you have that you keep the healthy salmon

you deserve it I'm gonna have this I don't cook so I cannot claim leftovers. I cook and don't get leftovers. Who's the mug? Me. Okay, I've got a good controversial opinion today. In a divorce, you should get out what you put in financially.

Or the D word. Guys, for those of you that are going through it have been through it want to go through it just feel for you this is a stressful time for so many people so your controversial opinion is you should get out what what is the this is not like bible I feel like Kardashian saying that I've always wanted to say that

bible bible non-practicing Christian like a general consensus is that the right word like is it always

the woman in heterosexual sexual relationships is it normally the woman in heterosexual sexual relationships is it normally the woman the woman that doesn't get out what they put in financially like does the man generally end up a bit better off well no so all they do is in so in answer to your question typically i would talk about averages here especially in the uk but a man would have put more in because during the marriage

they will have earned more because they're statistically likely to have earned more. On the way out in a divorce, especially in the UK, there's a basically presumption of 50-50 generally of assets. And when there's no nuances and when there's similar salaries and when there's similar backgrounds and when people haven't come from wealth, that generally feels fair. And the higher earner, if it's a man, may feel aggrieved by that and go, I have earned this all this time. I've put all this, this is my pension. I've paid for all this. And there's just been historically such a lack of

regard for the lower end. That's typically the woman who firstly, like, you know, you're a team, you've joined together and you're doing things together, but you don't just contribute money to a relationship. You contribute time, you contribute childcare, you contribute a life admin, you contribute around the home and you just,'re a partnership and so um like the the law takes a 50 50 and that in the uk and then there's loads of nuances like did you have any separate agreements how long were you together like what what differences were made at the point that you get divorced are there children that you're still caring for where are they going to be cared for you know there's something here in the us like you've heard alimony like it's no yeah that's like spousal support that's where I am supported by you and and I've not done extra career stuff and

I've not I've I've sacrificed my career so that we could have this family home um you have to continue supporting me because that's what we we did during the marriage so So the law looks at 50, 50, but then loads of nuances. But I don't, I think there's this big depend, the depend, it depends argument. Like if you've, you're two, three years and then it's an earlier divorce, you know, and one person like put in a 50 grand house deposit, idea you know as the female I'm going to say and it was the man putting the deposit in for me to go well I I should have half that there's something in me that goes if I I wouldn't feel aggrieved if I didn't it's if I'd sacrificed over years yeah I think it's always the horror stories of people that have had children they've given up their career they've taken lower paid jobs so they can have flexibility in picking the kids up so the partner

can focus on the career with them being the main breadwinner and that person's gone on to be able to invest and contribute to a pension get the government benefit of contributing to a pension and their employee like there's so many benefits to not being the stay-at-home person I don't think many people realize until it comes to this situation where you go, hang on a minute. Like we were a team and we were supposed to do this together. And I sacrifice and I,

I, I, and all the other person can see is very much blinkers. I'm going, but that's my money. And that's my pension. Don't touch my pension. Oh,

we were a partnership until we weren't like, it was all well and good when you were able to do, you know, live out your career and your career aspirations and whatnot. But until the tables turn and the marriage breaks down, now we're not. It's very difficult.

Just a quick one, Laura here. If you're wanting to take back control of your money, ditch debt, make better decisions, and build wealth for the future, the Financial app is for you. With Financial, you can track your spending on the go, hit your money goals faster and create a realistic budget that you can actually stick to. Not to mention, you'll be part of an exclusive money community who share

tips, offer support and celebrate your successes along the way. Click the link in the description to download Financial and start your free trial now. This is your sign to take control of your money today. Okay, I'm done. Let's go back to the vault. It's so difficult and you tend to see it, especially when you're older and getting divorced. What I mean by older is, you know, 50 plus when you still have a really good working career ahead of you, but not loads. And, you know, it's hard in the workforce at a certain age. We've heard about that loads in the news about if you lose a job or you want to change jobs later, you know, you, you feel like you've got to catch up. You feel like you're left behind. You feel like, how am I going to get back? And, you know, I used to earn this, but I've taken all this time out and, and it's really,

it's really tough. So to suddenly become self-sustaining, you know, you've been part of a household that might have had like a 75-25 split in income, right? You suddenly have to go to this 50-50 expenses where you need to run a house, you need to pay all the bills, you need to be able to think about retirement and that's where it should be evened up.

It really should be looked at. And the courts are quite good at that. We've seen some, there's many more amicable arrangements happen nowadays. The no fault divorce really helped. But the big thing I, there's two things that, what would you say to someone who's not getting divorced, but who could be in that situation where they are not the breadwinner, they don't contribute as much, They may have taken time out.

And if you were to separate tomorrow, what would happen? There's two things are important. One is knowledge of the financials. So don't be afraid of asking your partner how much, if you don't know, sit down and do a net worth together. Find a shell, we've got the app, sit down together.

You're taking control of the money. You probably are managing the household money because typically if you're the lower earner, you have more time on your hands to like, you know, the lower earner and you're part-time, you're probably running the house budget. You might say like, I've got some, I want to know what goals we're hitting. I want to be involved. I want to understand. There's some awful situations of people passing away and suddenly you're like, oh my God, where is everything? So what is in respective pension pots? What benefits do people get death in service? What savings do we have? How much do we pay in our mortgage? You know, come at it as a team because first then you've got knowledge because the other thing is in a divorce, sometimes people aren't as honest about what they do and

don't have. So knowledge is king here because you're starting from a position of strength. Should something go wrong or should you want to leave as well? Because it's not always that, you know, you've been told that it's over. And then the second point then is when you are financially well, because the vast majority of us are not going to be super wealthy, but hopefully we're not going to be struggling. So if you're somewhere in the middle where you're comfortable, and that's where we'd all love to be, where we have, you know, no mortgage or a little mortgage. We have okay pensions. We have savings. We can just enjoy the rest of our life. And the more money you have as a couple, the more money is to split. When there's not as much, it definitely gets a lot more about, well, that's mine and that's yours. Whereas when

there's not a lack, like when you feel that I've got enough it's not as stressful does that make sense you've always had a positive money relationship together i.e we budget together we hit money goals together there's then no secrets or yeah you're like yeah tension or like one-upmanship because you've you know where each other stand as soon as a divorce comes around you know realistically how much you've got for in your pension you know there's not going to be no surprises no hiding of secrets like yeah transparency always throughout pre-divorce let's think about pre-divorce many of us hopefully won't get divorced but you can do things in your marriage that will ease that burden should that ever happen

and it should it's good practice anyway yeah and if you're going into a relationship where you have money and wealth and one doesn't, or if you're going into a relationship where, I forgot what I was going to say then, where it's a second marriage or the maybe stepchildren, there's so many nuances that I know this sounds stiff, but see a lawyer about it. Have a little chat about the practicalities because you don't want to be,

oh, I don't want to mention it. Oh, we'll just, you know, I'll rock the boat. But, you know, we, we will, you know, it's probably something we could do more of in the community action and on content on, you know, your rights, rights when you're not married. I think that's another thing. We've got long term, long term cohabitation that doesn't necessarily have any legal protection. And so knowing where you're at, if you're embarking on a relationship what your rights are what they're not what are some tips because you've got to go into it not like with blinkers on or kind of ostriching a little bit and going it'll be fine it'll be fine okay ladies i've got a controversial

money opinion from our friends at pension b money can't buy you happiness agree disagree controversially i disagree with this statement, but not for the reasons you might think. I think being financially well and being in control of your money can definitely bring you happiness. I get it. We're not talking material goods here like mansions or flashy cars. When it comes down to it, we know that money and mental health are intrinsically linked. So it makes sense that a certain amount of money could buy you happiness. You can listen to the PensionBee team hash this controversial money opinion out on episode 30 of their Pension Confident podcast. The Pension Confident podcast is available right now, wherever you usually get your podcasts.

And remember, when investing, your capital is at risk. What was the TikTok that you saw where the girl was getting, was splitting up from the guy and she did a PowerPoint presentation? Oh, did we? Splitting of assets. we're splitting up from the guy and she did a powerpoint presentation a few weeks ago and it was like a conscious uncoupling and they did a she did a presentation where she proposed how they should divide their assets and it was so i don't know it was lovely refreshing it was grown up very responsible now listen if he's like cheated on you and it's over i can imagine you going i want everything like the movie is like i can imagine you going, I want everything. Like the movies, like I can imagine the last thing you want to do is, oh, that's quite fair. But I've seen it the other way

where someone wants to leave a relationship, even when the other person's cheating on them, but they still go, oh, I just don't want to fuss. Like, just give me whatever. Have it. No, no, no, no, no, no, no, no. Make a fuss because it's what you're legally entitled to. And lots of people don't understand these extra things that have impacted why their pension pot is smaller, why they don't know where these extra savings are, why they're going to earn less for the rest of their life, but their partner who's been on an earning trajectory is earning more. All of that was in, it was accidental, but it was, it was done. So it was the result of decisions that had been made.

Together. Together. So, God, that was controversial. Anything, maybe we should get a divorce at some point. I think that'd be really helpful. But if you have any questions related to that, even in a really good place relationship wise, but you want to know that you're doing the right things, ask us then, because we don't know what you're struggling with until you tell us. So email into the vault, message in the community contact us on instagram tell us what you're struggling with and what you would like to learn because i think there's so much to unpick i agree oh but i'm happily married so that was a journey okay this is the first time this week and there's a lot of figures numbers and dates

okay so I need my phone now everyone make some notes notes yeah I was just thinking that where's my notes stay up

keep on track and keep up you won't need to wind it back that's absolutely fine but I'm not re-reading it so this is like comprehension I'm tired just thinking about it to be honest

okay I have a financial disaster I have spent the past five months recovering from being unemployed for four months due to redundancy I've only received a month's redundancy pay which has resulted in me dipping into my house's savings by a grand. I didn't have any backup savings as I was living paycheck to paycheck. I was doing very well with my savings recently. I've managed to save up £600 for the house savings I lost, £400 for my car insurance and £250 for my friend's wedding. I do have around minus £150 on my Monzo Flex. This was more but I'm paying it off monthly as it's

low interest rates. My financial disaster is I've been waiting to hear back from a job I went through a lengthy interview interview process for which I really wanted and it would give me a seven grand pay rise. Unfortunately I then lost my job at my current place very recently due to differences and a couple of errors on my part. Due to the way the payday falls at my current job and the fact I had three sick days due to Covid, this means I will be paid £800 less than my usual and my new job doesn't start until next month. I'm gutted as I felt in control of my savings and it's my birthday this week and I know I will have no money to do anything but I'm pleased I've been offered the new job which will be roughly an extra 350 pounds a month how would you recoup

from this financial disaster so she's got a gap she's got a bridge a gap there's a gap in between old job current job she's getting paid less on a current payday so she's not in financial jail I know that people have asked about jail before the cuff's down but it sounds like she's not got an emergency fund sounds like she's trying to pay off monzo flex another annoying product don't like it monzo because she's messed around with that and she's but it sounds like she's not got emergency funds and she's she said see this i'm already asking questions about the numbers but she's put money into a house yeah so she's she had to dip into her house savings fund by a grand she's replaced 600 of that so she's got a house so she's got savings so we would love especially in a situation where you've lost a job to be able to have a seamless transition or one

where you've left a job and started another. It's really hard to coordinate that, to coordinate an end date and a start date. Lots of people find themselves in a situation where there's a gap and this is where emergency savings are. So for me, it feels like she's got two options. One of them is you use your savings for it. You have to work out budget as you would normally and work out what the shortfall is. that from your savings but take it as a lump sum like you're paying yourself put it in the budget and just kind of suck it up for a month because um you may find you could pull back you might be able to be tighter you you said about your birthday it's a shame that you can't do stuff for your birthday but I don't like it's also don't overthink it it's just your birthday

you can you don't need to buy something or you could do something that's free you could spend time with people people might take you out for a nice drink or a cup of cake a cup of cake a cup of coffee and a cake in fact our local garden center gives you a free cake on your birthday that's quite good yeah get all the birthday deals yeah just a great sausage roll or something yeah Krispy Kreme doughnuts I'll do it yeah so to that point I think that she just needs to plug that gap either with savings or you're gonna have to find money from somewhere else and so is there anything you can do this month which is your facebook marketplaces do you want to pick up some extra work so these like gig work gig economy stuff like delivery driver um taxi the stuff now that some people can do to make two

three four hundred pound in a month that you couldn't do before as easily and that's the lesser option if you don't have to do that I think for one month I would suck it up and do the savings but this is a really healthy reminder of what an emergency fund is for next time when now she's got the job which is really cool because she might have not got that job by the way like that couldn't have worked out and then you would have suddenly been like okay I need to start interviewing again um but she's gonna end up up because she's got an increased pay I would rename your house savings emergency funds and start from the beginning literally yeah like you can't save for a house right now you can't get to the end of the month with anything left over you are in 150 pounds in debt here you're trying to make a shortfall up

here you can't you can be saving for house at the same time but the math isn't mathing i would rename your house savings emergency fund and then start from the beginning when you get your seven pound seven grand pay rise get monzo flex cleared gone can you turn it off it's so tempting i'm not monzo girly i've not touched monzo flex get a notification every now and again that is a flex I bet you do and I'm like that is a flex is it like is it credit

is it my Napa later it's like yeah and it's like early pay isn't it you can spread payments yeah you could get your salary paid earlier

yeah icky do your faces at all yeah yeah not feeling it Monzo no not feeling it

the pink cord is not making up for it yeah I love hot coral I love Monzo I hate you I love you I hate that product so emergency fund renamed as no other way around yes get once you start your new job get Monzo flex cleared and then you can go on your house saving mission, as we talked about last week. Could probably clear it. It sounds like she could clear it with the house savings because she's done 600.

She's got a gap of 800, did you say? She doesn't say how much is in her house savings. No, but she dipped into it by 1,000. So that language seems to me that there's still money there. Yeah, get your one month's expenses in a pot that's your emergency fund don't pretend it's house savings crack on with your monzo flex any other debt you've got and then you will have more money less stress you'll be able to save for that house much more quickly good luck it's pretty easy one in the end yeah so it is quite like a lot of math numbers and time dates and whatnot like it's pretty simple you're welcome okay good community win this week hi

ladies i really want to share my win with you i knew sinking funds save lives but now i've lived it i really get it i started financial around last october and it took me a little while to get to get my head around sinking funds but i decided to give them a go. My very first sinking fund was for my best friend's wedding. I've been the bride but never a bridesmaid so I knew it would cost a lot but I had no idea how much. I put a chunk of money away each month and when it came to paying for things it was just there ready to go. I managed to pick up some extra work to top it up too I still made smart choices within the sinking fund expenses I bought the cheapest bridesmaids dress did my own hair and wore shoes I already owned I have a modest salary but with all the

knowledge I've gained from you all not only was I able to pay off 4k of my credit card and this is the most special part for me I was able to gift my best friend her wedding cake when her original plan fell through I've I've even had an excess at the end of the month financial has allowed me to be the giver I've always wanted to be and thought I could never afford to be I'm super grateful for the team the community and everything I've learned thank you so much oh how nice is that she gifted a friend the wedding cake got a nice gift when you're a giver as well it's so hard when you're struggling financially because you're so tempted to give even though you've got not got your own house in order and that it's like a slippery slope

because when we get that buzzy feeling from giving a gift, it must be quickly replaced with a bit of dread. Do you know, like, I'm going to give that, but actually I now don't have this over here. So when you have all your stuff in place and you can then gift in that moment. And I love spontaneous giving as well. And I feel like when you're in a good place with your budget, having that spontaneous giving money already allocated in your budget,

it means it's not your money. It's already given to someone someone else even if you've not picked who it's for yeah and that's giving sinking fund and it can either be like charitable or charitable to friends like do you know what I mean like in that situation you could be like do you know what I really want that person's really struggling they're having a really crap time I'm going to get them something and you're like but don't worry it impacts nothing yeah it's like it doesn't derail you because that's the when you're on the financial journey you don't want anything to knock you off that journey but if the right things are in the budget it's like when we've talked to with Lydia before about when you sorted your car out and that was the first time that you've been able

to do um I think it was service and MOT yeah quite close to each other yeah just not having to go into savings because you feel like oh you're just taking from me like that was my pot but it's not it's over in the other corner go of it mentally well done i hope you got a big slice of the cake yeah can you tell us what the cake was filling yeah i need extra detail on that please don't scrimp on the detail when it comes to food. If you'd like to tell us your community win, head to the community in the app or email it to the vault at financial.com. Okay, dilemma number two. I'm scared to clear my debt. I really want to pay off the balance of my loan and I'm lucky that I have enough savings to clear it, which I've worked really hard to achieve over a few years. I was listening to one of the podcast

episodes and it was talking about how motivated you'd be to build the savings back up if you use them to clear debt which makes complete sense but I'm so nervous to take the plunge. The interest rate on my loan is pretty high and I absolutely hate seeing how much interest is added every month. It's just the thought of building up those savings and watching them go on my loan is pretty high and I absolutely hate seeing how much interest is added every month. It's just the thought of building up those savings and watching them go on my loan payment and feeling like I'm back to zero savings aside from the mini emergency fund. This dilemma is positioned as though this person's like failing in some respect or like going backwards on their journey whereas I'm seeing it as a positive that they have got money to pay off their debt like that is just the best feeling ever and until she

does that she won't realize how how good it feels we were in a position me and my partner I think we both had student loans left and we were ready to clear the last bit and we had savings and it was like we could either mess around and pay a couple of hundred pounds off each month for the next year or we can bite the bullet, take that savings with a little bit of an emergency fund left over because we always need that in place to cover what might happen

and do just pay it off. And it is like, she said taking the plunge, it is, but it's so freeing afterwards and you quickly, you won't believe how quickly you build those savings up.

I think people think it's going to take me as long to save this up as it has to pay the debt off. It's completely the opposite because you've got excess money every single month that goes towards things that grow that dopamine hit still is in place just as it is just paying down debt and you don't want to pay an interest to somebody that's like it's borrowed money it's not it was never your money to begin with and you're kind of paying the price for it literally you're paying high interest rate so sometimes I get people to picture this right so you've um no money in the bank okay or you've got like a

thousand pounds say you're lucky enough to have a thousand pounds in the bank would you go and get a loan for ten thousand pounds at like 28 or whatever even a nicer percent of 10 just to have 10 000 pounds in your bank to not touch it because it's savings would you would you do that ignore interest rates and maths and could you beat it but i'm saying you wouldn't be able to beat it mathematically would you take out a loan to have the cash in your bank i just don't think you would so that's a really weird thing like why of course borrow it to just hold it to do what with? That's what those savings are versus that debt. So that's one point, which is you wouldn't borrow to have those savings. So why wouldn't you use the savings to pay off? You have to make sure that mini emergency fund's high enough. Like I really,

some people clear it all and then go, and you know, you are then very motivated to build up an emergency fund. But the other thing that you can do to assure yourself of the maths and basically prove that if they cancel each other out, you don't have savings. Mathematically, you don't have savings. Go and do your net worth. Because if you do your net worth in the app and you've got all your assets which is the savings accounts and then you've got your liabilities you can do you can only do one net worth a month so let's just do this month and next month so you can compare and do one month where you've got the savings and the loan yeah and do the second month where you've got lower savings and no loan and you'll see a flat line the net

worth does not lie the net worth does not lie and it doesn't go down you didn't lose something it was kind of it was fake yeah it was fake and so at the moment you're just paying to store someone's money yeah yeah and that's the problem the interest is what you're paying but also like the invisible payment when you owe someone something yeah it's great stress that you just don't know there's there's nothing like the dopamine hit of paying off a debt especially when you can you make that final payment like I wish more of you would film it record it and remember it I've seen some really cool tiktoks where someone's I saw one where it was payday I don't remember send it to you Lucy it was payday and she said

I'm not going shopping I'm paying off a loan and I've saved it for us all and and she she rings the loan company on her car and she's got a thousand dollars and she pays off the car on the camera that is just gold like that's a dopamine hit that's excitement there might be a little bit of scared excitement that oh I could have put that thousand in a bank and instead it's paid off but you'll soon forget and you'll soon you'll build it back up again so that's why our advice is still the same from the podcast you listened to where we said that but definitely 100% if you have savings if I had savings put to one side emergency savings and then I had enough savings

to pay off a debt I would do it in a minute I don't think anyone's ever come back to us and been like you were wrong go get another one living regrets try it if you really don't like what we said go and get another one you'll be fine and film it when you do pay okay any final words for this episode um i would like to see that person come back and have said what they did yeah next month like yeah what because the other podcast yeah yeah the dilemma was a few from a few weeks ago did you use the savings was it the worst thing in the world no i think there'll be no regrets what would you say to someone else yeah let's let's get the previous listener to advise on the dilemma yeah okay that's all for this episode the vault is now closed and a personal plea from myself please please please all right Sabrina Carpenter I would love if you would subscribe follow share this podcast so we can help grow this amazing community. Just a quick disclaimer, The Vault is just a chat around life and money topics.

We are not giving financial advice.