FRIDAY DRINKS: bringing Friday vibes on a Sunday evening

favorite money wins. We're going to talk about some super fun news finance news, but also She's on the Money news spoiler alert, it's really exciting and we're going to be answering a juicy, juicy money question this week. It's just me and Georgia King.

Mondays talk around what happened this week. This week we spoke to a lovely girl I always and I really liked her story because she actually self described her when she wrote in as just an average person, which you know, it's not literally, but sometimes I think it's nice to hear from someone who's just plodding along some you know, we try and really diversify these money stories and money diaries, but sometimes we get people saying, oh, I feel like

I can't relate because they've done things I haven't. And while the point of course of everything is to share different opinions and perspectives and places, sometimes I think it is just nice to have an average person.

just have to persevere. And that really sat with me. I was like, oh my god, like it's so true. And you know I've spoken before. I've been down that consumer debt rabbit hole. So many people in our community have as well. And you know, sometimes we find ourselves in lucky situations where we have some money back from the ATO or an inheritance, and that's so helpful, and sometimes you just have to slog it out and make sacrifice.

And that is what she did. So it was a really really good I know she used the word average, but I'm not. I don't think she was average. I think she was incredible, but a really good Listen if you're in a similar position.

to do with that? And people do tend to churn through it really quickly, and we kind of we spoke about the psychology around money earned versus money kind of one, not that in inheritance is money one at all, but it's kind of that line of thinking. So it was really interesting to delve into that. And we also spoke about guilt around inherited money as well. So it was a really interesting episode and it's something that most of us will face. Let me just pull up the stats.

So boomers are expected to leave behind two hundred and twenty four billion dollars each year in inheritances by twenty fifty, so there's a lot of money coming our way, and it was just really helpful to kind of talk through what we should actually be doing with that money, to make sure that we're kind of doing the right thing.

have been fantastic. It was primo give it a listen, for sure, But you know what else is primo to talk money? Wins threat segue my favorite thread of the week. I live for this threat. It's so exciting. Have you got some goodies for us this week?

a new one, and even better money win. We then picked one up free on curbside collection yesterday that we're going to paint and make into a chicken town.

is one hundred and ten dollars. That is a hot price, but she wants to avoid buying it from David Jones, where it's two hundred and twenty four dollars. Finally, she found it on catch for one hundred and twenty dollars, and then her brother ended up giving her money as a belated birthday present, so she used that for the perfume. It's a money win. Oh my god, incredible. That's a lot of money for a perfume. Two hundred dollars. I

mean it does last you bye, Well that's it. If you can get it for the last why not precisely. The next win is from Lani. I found a delightful cow kettle a cattle if you will, she wrote, for thirty eight dollars in an antique store. I'm counting it as a money win. Because even though I hadn't really set out that day to buy myself a cow tea kettle, it brings me so much joy, and I feel like it was still a very deliberate purchase. I'm still saving for my house deposit, but my future house will be

filled with kooky, beautiful items that make me happy. That's definitely a money win.

my bathroom sink offers on air. Tasker started at one hundred and thirty dollars, but I worked it out on my own wholesome little bit of DIY.

fruit happens to us all. Yesterday I popped to the shops to get some fruit for the week and found two bags of spud Light potato reduced to a dollar eighty each, down from five dollars. So I got double the potatoes for less than one bag normally. How can this community truly just did my tea? No, I know, I think the potato win, we could just be your favorite. Okay, that takes me to my final win for today, j Rick.

So it's from Melinda. She managed to pick up a pretty much brand new dice in V six for ten dollars to someone I know, for someone who's trying to navigate a relationship ending and buying my own things to my own place, this was a huge win. That's actually like insane that I don't get off.

she's on the money. You're doing events. Yeah, finally we're back. It's been a long, long slog to get here. Events were planned and then they were canceled. It's been a whole thing, so much going on behind the scenes that you guys wouldn't have even seen because we were a little sad about it. But we're back. We've got two events planned for International Women's Day as well, which just felt so appropriate. So we have an event in Melbourne on Tuesday, the eighth of March, and then an event

in Sydney on Thursday the tenth. Both are celebrating International Women's day and we just have a banger of a day lined up. It is a morning event. We tried to make sure that it would finish up early, which is pretty typical of these International Women's Day events, so that you could pop in the morning before work and not have to miss a day because we don't want to get in between you and making that sweet cash money.

voices involved in public decision making. So we want females, we want our non binary friends, people that we don't normally see being represented who should absolutely be getting a seat at the table and having their say, and so Ashley has been a huge campaigner for that, and she's been a really big driving force behind that campaign which you might have recently see come into play about consent being now a mandatory part of school education, which how

we went this far without that Lord only knows, but a huge change that she was a really active part of pushing. So she will be just so incredible. I'm really really excited to hear her chat. And then also in Melbourn we have Maria Tattle, who you might know. She's been around quite a bit. Recently she was on I'm a Celeb. She was of course Miss Universe, yes I think it was twenty twenty. And she's also of course been announced recently as the face of Marty Grass.

So she's this incredible South Asian media personality. She's a huge advocate again for diversity, incredibly talented. She's a model, a writer, a commentator, speaker, and she really works to create meaningful dialogue and campaign for change as well, which we thought was so fantastic. She's also very funny. I follow her on TikTok and she is just one of

those women who really seems to have it all. She's gorgeous, she's well spoken, she's very well educated, and I often see a lot of discourse in her comments from the men just really coming for her, and she always handles them with such grace and such voice. Good. So again a really reasoned voice that I cannot wait to hear. And then in Sydney, another two fabulous women. We have Manal al Sharif, who, oh my god, what a powerhouse.

I am dying to hear this speech. She again really influential, but she was a huge voice in advocating for women's rights and empowerment, specifically the women to Drive movement if you've heard of me, yep, which was an absolute banger. The women to Drive movement essentially encourage women to step up and quite literally put their foot on the pedal. In Saudi Arabia, women didn't drive, it just wasn't using.

And this was very very recent She posted I believe, videos of herself online driving, which, as you can imagine, spark some pretty significant controversy. But it was that action of hers that really facilitated that change, and women to Drive really swept across the nation and now they're doing it. It's just it's absolutely incredible. She of course also has written a book on the same topic and just done

a lot of other incredible work in that space. So I think that that's going to be a really interesting one, particularly because it's global. You know, we talk a lot about women. Most of our community is based in Australia. I think it's going to be incredible to hear a little bit more about how she really worked to break the bias on a global scale quite literally.

And I think as a woman in media, I'm not really a woman in media like she's on one that is. I mean, she's on one is media, but Tracy was very present in traditional media, so daytime television, and I think that there needs to be an acknowledgement of the amount of pressure that those women must feel to look after their jobs, which absolutely should not be a thing.

But you know, it's towing that line of sharing what you think is right, that what is appropriate, and I can imagine that that would be really challenging to sometimes walk that line. And we have heard women, I think, as this movement's come out more and more talk about that and talk about how sometimes they look to the other way. And that's where this Meetia two movement really kind of kicked off and made some significant change in

that space. So she's a seasoned professional, she's been around for many years, and I think she's going to have a lot of really insightful information to share with us in the community.

You're going to get one of those Sirene's skincare. If you follow Victoria, she is obsessed with their foam to Joel cleanser. She got me on Twitter as well. It's incredible. You're going to get one of them. Aliekd are supplying accessories, our faves I know our faves literally the unofficial uniform of the year from the team Bang and Body. The moisturizer, I don't know have you used it before doing this girl?

we do giveaways some stuff. So everyone's going to get about as well. We're still chatting to a few brands. There might even be a few more surprises. If you are a brand that you're a friend of the show and you want to get in on it, sign into our dms. But it's going to be spectacular. It's already worth over one hundred and fifty dollars, which is amazing. We're not going to send you home empty handed. We just couldn't do it.

So don't stress. But we really hope that you can make some friends who are local to you that you can connect with and lean on, because sometimes we do talk about in the community it can be hard working on those big goals, right ge when you don't have friends who share that value or that vision. And it's not a bad thing, but everyone's on their own journey and sometimes you just want a friend that you can text and say, hey, I got a one dollar bag of potatoes. You want them to sealry?

pumped to see you now. I literally cannot wait. It's all I think about every day and probably will think about every day for the next couple of weeks. You and b both my girl. Should we head to a break Yeah, absolutely, We'll be back right in a second. It is Friday, which means it's time to answer your

most burning finance, career and life questions. If you need help untangling a naughty dilemma, no matter how big or small, send us through a voice note to podcast at She's on the money dot com dot a U and will help you find the answer you've been searching for. Now, let's press play on today's listener question.

it's important to ask these questions. So firstly, good on her I personally, and I can only speak from my personal experience, especially because we don't have the finance expert here, we're just giving it a good old hunt. But I personally do not believe I would lend a friend this money.

It's hard because it is dependent as well on circumstance, like if your friend is potentially trying to leave a dangerous situation or I can totally understand where there might be that need, but if that is the case, there is also resources available to assist people. So depending on what she needs the money for, I think is going to really impact your decision. And so if she's in a lot of debt, put her in touch with our

friends at the National Debt Helpline. If she is in a dangerous situation, go back and listen to our financial abuse episode. There's a heap of resources in there that she can access that's applicable to any kind of abusive situation. Really, if she's just in a bit of a tight spot where she's overspent and can't afford rent this month, I don't want to sound like an asshole. I really don't.

Please don't take this the wrong way, but I worry that by bailing someone out, potentially you're enabling that bad habit. There are very few situations financially where you can't get a bit of leeway. So if she is late on her rent or on her bills, she can actually just get in touch with her provider and let them know that she's experiencing financial hardship. I think that's an option. A lot of people don't know he's on the table,

so that's the case. Let her know that she can reach out and facilitate a payment plan or something like that. But as much as you say you can afford it, which is great, you've obviously worked really hard to put yourself in that position, you have to consider that the

money you put out there might not come back. And again, very skeptical of me to say, I know that she's a good friend of yours and you said you trust her and whatever else, but I don't think you should ever put money out there unless you're prepared to not get it back because you just don't know.

also be quite confusing. Like I feel like people can kind of convince themselves that the money that they've been lent has been given to them and it's their money, Like they kind of can tell themselves these stories about that money. Does that make any kind of sense?

you going to be fact checking what she's doing? You know, if she goes out for dinner or goes out for drinks, You're going to be questioning those choices because I think the other element to this, outside of the potential loss of the actual money, is the impact that it's going to have on your relationship, because I mean, is she going to pay it back in two weeks? Is she going to pay it back in two months? Is it just when she can afford it? Because I think all

of those things factor in. And if she's like, oh, I'm really sorry, like I can't afford to pay you back for a couple of months, are you then going to be kind of watching what she's doing and getting frustrated with her? And is that going to kind of impact the way that you relate to each other, Because I think you need to put some value on that

as well. And I know that it's really hard, Like I know that she's asking this question because she doesn't know how to have that conversation or if it's okay to have that conversation, and it absolutely is. Is I think the first thing we should probably say, Like you were allowed to say no, it doesn't make you a bad person, but gee, how would you maybe go about having that conversation with someone because as you said, it is very sticky.

person is the way to go. And I would just be really honest and upfront and really lean on the fact that you don't want this to jeopardize your friendship in any way because you value that way too much, and probably just point them into the direction of the

resources that could help them. If you're a regular listener to Sheese on the Money, as it sounds like you are, if you're sending us in your question, then yeah, you'll know as just said before that we have the National Debt Helpline who we lean on all the time, and there are a number of services out there that can help and Yeah, as you said before, j Rick, like a lot of providers, if she's behind on her bills or her rent, they are often willing to give you

a little bit of leeway if push comes to shove. So I think probably explaining that to her and then yeah, just really reiterating how special the friendship is and how you really don't want to jeopardize that would be my key takeaways. And yeah, doing it in person, yeah, anything.

So if you're really worried about hurting her feelings or anything like that, you could potentially just say, hey, like, my money's actually tied up in stocks, or it's in an high interest savings account that I can't access, or I'm penalized if I access it. Just because you have money or you have assets doesn't necessarily mean that you have easy access to it. And again, you don't have to justify that to someone. So if you are someone who has a little bit of trouble in those situations,

something like that might be helpful. Obviously we don't condone lying on the rig, but.

on your credit card repayments or anything like that. You know, it's incredible that you want to help her, that's really generous and really kind, but you also are not obliged to put yourself in a situation that you don't want to be in financially.

just yeah, be very kind as always. But yeah, it's a tricky one. But two and a half thousand dollars that is not play money? Is that the expression? That's re di digitch cash?

and our kindness. And remember, guys, that the advice sheared on She's on the Money is general in nature, especially today, 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 Divine is an authorized representative of Infocused Securities Australia Proprietary Limited ABM AT four seven zero nine seven seven nine seven zero four nine A for sale.