Hello, my name's Santasha Nabananga Bamblet. I'm a proud yr
the Order Kerni Whoalbury and a waddery woman. And before we get started on She's on the Money podcast, I would like to acknowledge the traditional custodians of the land of which this podcast is recorded on a wondery country, acknowledging the elders, the ancestors and the next generation coming through as this podcast is about connecting, empowering, knowledge sharing and the storytelling of you to make a difference for today and lasting impact for tomorrow.
Let's get into it.
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. Welcome back to another one of our money diaries where we get to talk to one of our incredible She's on the Money community members all about their money story and journey. Let's jump straight into it because I got this very short, very elusive message this week and I think it deserves to be on the show. Hi, She's on the Money. I
have a question for you. Have you ever procrastinated a university assignment so much that you ended up buying a block of land instead. That's the whole submission, guys, and I could not leave it alone. Money Darist, welcome to the show. I cannot wait to learn more about you and your story.
To be fair, I was really trying to get under the twenty five words. Make sure my submission was too long.
You got it, honestly.
Some people just completely disregard that, and I'm fine with that too, Like I put it in there as a little.
Bit of a barrier.
But you know, like I've got ADHD, I'm gonna read all of your stuff like I'm gonna read it, I'm gonna look at it. But also because I've got ADHD. The second you give me something elusive, I'm like, I need to know more.
What do you mean? What do you mean you baiting me? Did you click bait me in.
My own emails? I want to know first things first before we get to learn about this elusive story of yours. What grade would you give your money habits? If I asked you to give them a grade from A through to F.
I think I would probably give myself a B.
Is that because you like impulse by blocks of land? Maybe words to learn more about your money?
Story.
Okay, so I have the nickname money Bags in my family.
Oh it must be nice. So you're little Richie rich.
Well, they all assume. So I have worked my entire you know, fourteen nine months, I was legally on the books. Before then, I was probably working within a family business.
I like that.
You're like, probably not going to confirm or deny that publicly.
Yeah, no comment. I've always been fascinated by money and savings. So from a really young age where I had the choice, and my Naan was probably a big driver in this. She would say do you want the chocolate or do you want five dollars? I'd always take the money. That was just me.
I love that because if you offer me chocolate or five dollars even today, no, sorry, it's the chocolate.
Yeah, not money. Love. I like the money. Yeah. So I enjoyed watching my bank account go up and the saving aspect of that, and I in my life being able to do a lot with that. And yeah, so that's my nickname. That's where that comes from.
I love that.
How old are your money Bags? I am thirty, you're thirty, and tell me a bit more. How did you grow up around money? So you adored it. Is this something that was like kind of ingrained in your parents or was that just mainly your nana? And what does that meant now as an adult, like how you approach money.
Yeah, so I don't really remember my parents talking a lot about money, but my grandparents, so my Nan and Granda in particularly, they did. My nan is a you know, business woman. She's owned a lot of properties, owned shares businesses along the way, so she's always been very open
with her information. And she's one that I've always gone to, yeah for everything in terms of that, and I think that just kind of rubbed off on me over the years, and I've probably learned a lot of my tricks and things from her, but my parents probably not so much. They divorced when I was about four. My sister and
I lived across two households. They both remarried and had more kids along the way, so you know, I'd do the whole go to one house and then go to the other house, so it was very much you'd move around a bit. But yeah, money habits. My nan will always say that I got them from her.
I love that. I like that she takes the credit. Get it Nana? Oh Yeah, so tell me a bit more.
I'm so pervy because you know, obviously, have you ever procrastinated a uni assignment so much that you ended up buying a block of land?
Come on, spoil it? Like why how does this happen?
Like how are you just sitting there being like, Oh, I really should write a thousand words or spend one hundred grand like I don't know.
So my sister went down to look at some blocks of land and she went with my mum and I think they ended up calling my nan to come and have a look, and her and her boyfriend at the time, they were really keen. My sister's probably the opposite to me. She can be very impulsive jump to things, so if she wants something, she'll go for it very quickly. So she went down to purchase a block, and my grandparents then rang me from there and said, you need to
get down here. You've got the savings. We know you've got the savings.
Yeah, because your money bags, So it makes sense.
I was about twenty three at the time, twenty two, so I went, yeah, I'm not enjoying writing this assignment right now. So I went down and we had to just put a deposit and I stood there with my granddad and he was a builder, and he said, right, you want this block, this block or this block. They're the bust blocks in this division. So I picked one, and then these random people behind me were listening to my granddad, and then they took the second option. They
became my next door neighbors. So that was all well and good, except what I didn't actually add in that submission to you is I have been with my now husband since I was thirteen.
Was so cute high school sweetheart.
Yeah, so we've been together a long time. What I didn't tell him at the time was so I obviously went down to look at these blocks of land and put down a deposit. Him and I were heading off to the footy that night on the train, and I had to say to him, so, today, instead of my uni side, I purchased a block of land. You've got two options. You can either buy and with me and we'll build together, or you can move in with me, but you'll pay me rent. I'll be your landlord.
I love that you've been together since you're thirteen, and you didn't at any point during that process go hey, Grandpa, probably should call my boyfriend of six billionaires and check if this is a major financial decision we're both willing to embark on.
You just said no, this is what we're doing.
Yeah, pretty much, and that's just us in a nutshell.
So tell me how that went down? Like, was your partner mad? Like, I'm not gonna lie. If my husband came home and had made a significant financial decision without me, I would be livid.
Like if he came.
Home with a new car without discussing off it, if he had spent more than I don't know, one thousand dollars on something, I'd be like.
Excuse me, sir, Like, we have a budget, we have a plan. What are you doing? So how does this go down in other relationships?
Look, if that was him doing that to me, I'd be the one losing it.
I know who wears the pants now.
No, Look, we had obviously been talking about what we would be doing in our life next, where we'd be going, and he can be a bit anxious when it comes to making decisions.
Oh so you just made it for him?
Yeah, which I was kind of like, well, you know, I've solved the problem.
Was he grumpy? Was he like what have you done?
Or was he like money, dirist, that's cool, no worries, like what a time to be alive?
Yea, no, look he went with it. He was very good. And look when we told his parents, funny enough, their first question was, what do your grandparents see?
I love that your grandparents seem to be like this, like beacon of financial knowledge in your household. Like if your grandparents say yes, it must be a good idea.
Yeah. Well even my in laws will go what have your grandparents said on this? Is this a safe move? Is this good?
And you're like, oh, my grandparents picked the block. And then they're like, oh, okay, well in that case, much money did you need?
No worries?
One hundred percent?
Oh that's so good. All right. So you're now thirty.
You've been with your now husband since you were thirteen. When did you get married? How did all of that pan out? Tell me about your love life?
Yeah, so we got married in twenty eighteen, so.
Pre COVID money win, Yes, money win.
Obviously, went off, finished high school, went off to UNI. I went overseas for a gap year and taught English in Poland.
Oh very cool.
Yeah, So I did that for a year, which was fun, and then I came back and did teaching degree and then yeah, so we kind of got married and now we're in the same house that we built. So we've been there since twenty seventeen.
Now a door.
All right, Well, now tell me what do you do for work and how much money do you earn?
Yeah, so I have left teaching. I'm now a childcare center manager. Oh yeah, and I'm on about eighty k a year and a company car.
What made you make that choice? Like, what made you change from teaching to childcare?
So?
I was originally in childcare family business. So my mom and my grandma opened up childcare centers when I was about four yeap, and I worked in them. That's why I sort of say, you know, fourteen nine months Yeuckfully I was working.
But you're always helping out and I feel like when you're young as well, if you're working in a childcare center, it was probably kind of fun.
Yeah. Well, you know, I got lots of skills and I sort of I enjoyed doing and it was just when I got to UNI, I did a so I covered early childhood, primary secondary, special education.
Yeah cool, that would be so valuable in your role.
Obviously working under your mum is very hard because people assume that I don't have my own knowledge and that I'm just the boss's daughter, that sort of thing. So the plan for me was always to leave for a few years and then I always said when I had kids, i'd come back. I haven't had kids yet, but my mum decided to open up another childcare center about an hour from where we live, and it was getting a bit hard for her to try and do too at the same time. So I was a you know, teacher
through COVID. I was pretty burnt out and I went, I need a change, so I jumped ship and so I've been managing our second center for about two years now.
That's actually very very cool.
Obviously, I've been quite vocal about childcare in the past as somebody who works in that space. Obviously, you know, high fees sometimes in these circumstances, the childcare workers or let's call them educators because that's what they are, they are not paid properly. What are your thoughts and feelings on me being so vocal about this as someone who like literally works in and you know via family owns them.
Look, whilst I agree with a lot of what you've said.
That's why I'm asking. I'm like, I want to hear your opinion.
So for a long time we were childcare workers. We weren't shown the same respect as teachers.
Which is a joke because let's be honest, the first five years are the most formative.
Yeah, one hundred percent. So we've worked really hard over the years to get some attention on ourselves. And whilst where you know, we're considered a private business of course, as we're family owned and that sort of thing, we're not necessarily your corporate centers, so a lot of ours we will always pay above the award slay. We love this, Yeah, so that's just something you know, we work in with
our staff a little bit different. You know, they've got kids that are starting school, if they've got camps that they're coming back from. Will always make things even if it means that I jump on the floor. I quite often jump on the floor to make sure that my staff are looked after. I love that we choose to do a forced closure over Christmas. So I've got a lot of cranky parents me for it, but it's something that I can give my stuff.
At the end of the day, Like it's a business still like, I totally. It's annoying if you're a parent that relies on childcare. But at the same time, you're like, I'm a business and I have employees that need to be looked after and need some time off, and there's not going to be a better time than Christmas to call the shots.
Yeah, And look, it's a tough industry at the moment, because yes, they've upped all the subsidies, which is fantastic because they were really low and if you earned over a certain amount, you were getting nothing back, and I just see that's unfair. But I guess the one thing to consider is the cost of living has gone up.
Oh, absolutely, Inflation isn't crazy.
So we provide all meals. Yeah, so I've got a full time chef that works for us.
That sounds bougie, little bougie toddlers getting their private chef.
Oh she's very good. Like you'd be amazed what sort of vegetables you can get into muffins and you eat these muffins and not know there's vegetables in them. Yeah, So you've got that. All your costs of you know, electricity and water and things like that. Everything's gone up one hundred percent, So from a business point of view, it is harder.
We have to up our fees one hundred percent.
You do to also keep in line with other centers, Like where I am, there's two centers that are fairly close by, but they're the only other centers in the area.
So it's a really it's competitive.
Our fees are sixteen dollars less than the next one, but we provide food and they don't, So I do think it's a little bit unfair in how much the price can vary.
It's wild.
I think a lot of the time people assume that it's your choice, like your family's choice, to overcharge, and it's like no, Like people who own childcare centers, especially family owned and run ones, are usually just obsessed with kids, really want them to have like the right you know, nurturing environment, want to feed them well, want to look
after them. But yeah, I think my jumping up and down is very much government related for more support to be given because it's necessary right, like for moms to return to work, Like my baby's going to go into daycare, like you've probably seen it online. I have been on a wait list since this baby was like four months in uterow like we were writing down They're like, oh, like is it a boy or a girl? We don't know, Like, let's just put baby Divine on a wait list like it had.
It's so insane.
I'm currently pregnant. Okay, grats, thank you. I've had to do it for my own child. It literally has you know, TBC baby.
Yep, TBC baby.
And every month I get a text message from this daycare center saying, oh, you are on the wait list like for TBC Baby Divine.
Do you want to stay on the wait list? Reply yes?
And I'm always like yes really quickly because I obviously don't want to lose my daycare spot.
But I didn't realize this was an issue.
Definitely, when you get a spot, take whatever day you can get, and then build up from there because once you're in and more likely to offer you more days than they are to go to the next person on the wait list.
Like that's it's so complex though, Like complete side note that I think people will find interesting is they were asking me what days I wanted and I said, look, we're probably going to start daycare from about six months, like my husband's taking six months off. I'll be really flexible during that time too, obviously, but after six months, we'd love to do like maybe one or two days on a Tuesday and a Wednesday.
Like we'd love to like work from home on the Monday in the Friday.
We'll work it out right. And they're like, oh, no, you have to do a Monday or a Friday.
Yeah, I heard that in your episode and I was like, I've never heard that.
The competition is wild, and I was like, but I don't want a Friday or a Monday, Like they're the best days. They're the ones that are going to be public holidays. They're the ones that are going to be like when my husband has it easier day.
Do they do swaps?
I don't know.
Make sure check that too. You want to get a center that will do public holiday swaps smart because otherwise you have to pay for it even if it's public holiday.
The world is wild. Daycare is wild.
And I'm not saying it's a bad thing because I think we're doing the best within the constraints that we have in Australia. But at the end of the day, I see childcare as an essential service and that essential service should be supported more especially by a government who want more women in the workforce.
You want more women in the.
Work support daycare, support childcare, make sure that kids can get looked after in a way that you know, parents don't go.
Oh, I really wouldn't want them going there.
Like why one thing they really do need to do is get more educators. Like the industry has lost so many educators through COVID and things like that. But a lot of the time you're on a wait list, not because they don't have the space to take you, they don't have the staff to take you on. And it's such a ratio business.
And I didn't realize that.
And the education is just not there. I've put on seven trainees. A lot of my role is mentoring because obviously I come from that teaching background and that's my thing.
Yeah, of course they're.
Not giving the incentives back to the educators for people to become educators. They're slowly, you know, giving a few thousand here and there to them, but they're not encouraging people to come into that workforce. And that's where then, Yeah, families, working mums are left without care because we legally are not allowed to.
Because we just don't have the staff to look after them. Yeah, exactly. Oh my gosh, I feel like that's a lot. Let's ask more questions about you though, less ab out daycare. Now we know that you work in childcare and you're having a bambini soon.
What is your big money goal?
What are you currently working towards because you already bought the block of land and build the house.
You know, yes, So look, my big money goal at the moment was for us to have a child. So we've had a few issues. It's all being natural now, but I've had a few miscarriages and things like that, so I've had a bit of a journey. So we've done a lot of travel in our past, and you know, the house and things like that. Ultimately, I'd love to own my house sooner rather than later. So yeah, you can bet that that is definitely a big money goal
for me. But probably our main one at the moment is to prepare for a baby and make sure we've got all the bits and peace. And I've got a bit more time than you. I'm not due for a while yet.
How far along are you.
I've just hit thirteen weeks.
Oh my gosh, congratulations.
Yeah, that's the most exciting week I feel like when you get to twelve, you're like, breathe, a little sigh of relief, and then you get to thirteen and you're like, oh, this is real, real, Yeah, that's very so exciting. But you have so much baby experience. I will say one thing that shocked me was how expensive baby stuff is and how much it adds up, like so so quickly.
Start stocking up on nappies and wipes.
I'm across that.
I got a whole heap of nappies and wipes in the Black Friday sales and it was like, to me, the lamest purchase. But I was like so proud of like what a good deal.
I Oh.
I was like, oh this is so good. I am a money saving queen. And then I was like, I'm buying bulk nappies. Who am I? So that was a bit of an existential crisis. So saving for a baby, what is I guess your biggest tip or trick Having so much experience in that educator space actually with young kids, for I guess saving money with kids.
Definitely start practicing paying childcare fees now, because that's just for savings for you. So if you know your subsidies and stuff, already, which you probably won't until Bubs is born. But even if you pick a rate, you can get on and do like the childcare subsidy calculators and just even find out a friend's rate and use that and work out what your gap payment would be and put that away. So I've sounds really bad. Obviously I haven't got any kids, but I've done that. That's like my
four savings. That's how I work out the amount I'm going to do.
Oh, that's so sack in.
Practice, so that it's part of your budget, because I'm forever listening to people talk about how much childcare ends up being such a big part of their budget that you get used to it. And that's what we often say to our families that are finishing kinder. Continue to put that gap money aside. If that's been part of your budget, then that becomes your holiday fund or they've gone off to school.
Yeah, so smart. I love that.
All right, let's go to a really quick break and on the flip side, I have a heap of questions for you because you didn't give me a lot in your intro email, So guys, don't go anywhere, all right, money direst We are back, and I want to know. You're obviously good at forced savings. I mean, you've got the nickname of money bags. So tell me do you have any investments? If so, what are they? If not, what's your plan?
I actually do have a few investments that obviously I didn't mention it.
I'm not surprised.
I feel like someone called money bags probably does have investments.
I've got twenty five thousand in shares.
You what.
Love get it, queen, I've got around one hundred thousand in my super I've been salary sacrificing since I was nineteen adore, and my husband and I have purchased an investment property.
Oh my gosh, you are absolutely balled. No wonder everyone calls you money bags. Tell me how much your grandparents had? I guess in a say of those shares, Like is that something that you sat down with them to talk about or did you make your own decisions? Like I'm just assuming that your nana is like this like holy grail of like financial knowledge, So I just assumed she might have been involved.
Look, she's more into the property. So the investment property is all her saying to me, You know, this is in a great location. You know, this is perfect for you. Shares came about back in the day there were no finance women durus, so obviously I went. I started with Barefoot and pushed you a bit further. I think I found you in one of those really early days where I feel like we were in like a hairdressers and you had like your intimate girls.
Oh my gosh, she came to the Blow in Melbourne. Yeah, oh my god.
Yes, I did, like an intimate like way back when I had like no followers, like financial literacy workshop with Phoebe from the Blow.
Yes, oh my gosh, there were like twenty five of you and you were there. I adore that so much.
So one of my girlfriends, I don't know how she got onto you, but she got onto you and she took me along and she's another save. I did all my travel with her. Yeah yeah, yeah, in my sort of early twenties, we went off around Europe a few times, and yeah, very much so that we came to your event and it was so good. It was Yeah, when you were starting out, I.
Was just a baby. Don't tell anyone what happened at that event.
It was great. It was really insightful and it meant that, I guess for me, there were other women out there that were interested in finance. You've always talked about it being a very male dominated arena. Yeah, true, and there just wasn't information when I was a teenager that was put out from women or you just didn't see it. So it's been really cool to watch this space, you.
Know, go from my events of twenty five people. I love it so much. Thank you for coming, thank you for staying.
Yeah. So I enjoy learning, and I've taken on bits and pieces of sort of finance gurus along the way and some of their tips and tricks and things like that. So it was very much I guess that sort of started me out on starting to understand what shares were about. I also got into my millennial money.
Yeah, adore.
I like how everyone hesitates before mentioning another like finance or money podcast on my show, and I'm like, no, like a share the love, Like we love every other money and finance podcast, but everyone's like, oh and this other company, and I'm like, yeah, like get it, like tell us, Like there's so much information out there, we should be absorbing all of it.
Yeah, So I've obviously really enjoyed techno in that sense that I've been able to gain all this knowledge from people, and I've been able to teach myself a lot of things along the way and get an understanding of why to do things. So particularly like with the super you know, we were never taught about super in school.
No, it's so silly that you're not.
Like, it's crazy to me that you don't, because it's such a big part of our life. Like most people will retire and subernuation will be their biggest asset, and we're not taught how to manage it. We're not taught how to contribute to it. We're not taught that it's even that important. I think that there's just this like add on that, Like, by the.
Way, money drest.
When you get a real job, you'll start having to pay super hard we do just to be part of your package, Like don't worry your employer or sort it out, so don't even stress. Just they'll give you some paperwork, just fill it in and you wham maam, thank you ma'am. And you're like, wait, no, this could be like life changing, and nobody's talking about it that way.
Yeah, So it's been really interesting to watch that grow. From when I first started upping, I've contributed fifteen percent my whole sort of after finishing high school.
She's a smart cookie. No wonder they call you money bags. All right, money bags. I want to know about your debt. So you have some shares, you obviously have one hundred grand in super You've recently bought an investment property. But tell me about the debt that you have on your current property. Tell me about your investment property and any other debt you have.
I want to know it all.
Yeah. So, obviously I have two mortgages currently our own house. We owe about two hundred and fifty.
That's pretty good at thirty.
Yeah. Yeah, so we've worked hard on that.
What's the property worth?
It's worth about nine to fifty.
Oh my gosh, no it's not.
Yeah. So we bought in a growth corridor area and it's now in high demand.
Thanks Grandpa. I love that, all right, tell me more. What else have you got?
So?
Obviously our investment loan is quite high. It's about seven hundred yep, but still manageable within our.
Budget, especially because you already have seven hundred thousand dollars of equity sitting in your family home right now.
Yes, so we've got that, We've already got a renter in there. It's in an area we're very lucky, that's very central to sort of the city element of where it is located.
Yeah, very cool. Yeah, what's that worth?
Sorry before we move in? Like if you've got a seven hundred thousand dollar alone on it.
I think it was valued at about eight thirty.
Very nice?
And is that like how long have you owned that? When did you purchase your investment property?
Probably about six months ago?
Okay, so like that's epic. Did you use equity to purchase that? Yes, so you didn't even have to cash out anything. You just signed up for it. And now you have one hundred and thirty thousand dollars of equity in that property, which brings you up to like eight hundred and thirty thousand dollars equity at thirty Yeah, okay, queen, no worries anything else. You'd like to tell me of debt?
And I have about seven k in hextet.
Oh that's okay. That's a different type of debt. I think what's your plan around hex? Are you paying it off aggressively? You're just letting it tick along, like, have you thought about it?
I'm just letting it tick along. So I just feel I would rather focus in. I know obviously indexation and everything, but I would prefer to just leave it alone being what it is. If it was anything over ten, I probably would have. But I went through sort of chatting to brokers.
And getting your ducks in a row.
They just kind of said, leave it.
Yeah, it's not impacting your buying capacity right now, yes, which I think is a really good point.
Actually.
For those of you who are thinking of purchasing property but are a bit worried about your hex debt, more often than not, the best thing you can do is talk to a mortgage broker about how your hex debt impacts your buying capacity, because often if it's like maybe a lower amount, they'll be like, don't worry about it, like it's not going to impact it at all. But
the same could be true if it's much higher. Like I remember doing the maths with our broker, Kate from Zella Money, and obviously, let's be honest, I own the company.
I was going to like use a different broker.
You're joking, but I was talking to her about that because I have a very high hex stet, Like my hex stet is still sitting at about seventy five thousand dollars, right, And so I'm in my head going, oh, maybe, like if we paid that off, it would give us a
heap more borrowing capacity. And we did the maths, and the difference between me paying off my seventy five thousand dollars hextet and you know, just leaving it I think was like twenty five thousand dollars worth of capacity, which was not worth it because if I had another seventy five thousand dollars in cash, like I probably should just put that towards the property and grow my equity sooner. Yes, anyway,
that was obviously my personal situation. It's different. But the moral of this part of the story is just ask a broker before making any massive financial decisions that you call I think will help, because sometimes they do great, sometimes they don't, and you might have been better off to just hoard the cash and chuck it in your offset account. So I think it's one of those things
that just talk to the professionals before making any big decisions. Definitely, money Diarist, I've said it before, I must say it again. Your nicknames money bags. Tell me what is your best money habit?
Definitely that I am a really good saver.
I can see that.
Yeah, so it's just something that it comes naturally to me.
Do you have a structure like I feel like so many people say I'm good at saving, But like that could be because you have a really good budget and cash flow plan and you allocate it all or you're just like a little hoarder. Like, there's lots of different ways to be a good saver. Tell me how your way works.
So I have definitely used your budget and cashow masterclass. I've done that.
Oh, she's in the money masterclass. I love this. Thank you for being a positive advocate.
I think, yes, so, I guess in the early days it was very much just physically seeing the number grow. Yeah, whereas at least your masterclass has a life me to break it down so I can really understand, you know, what I'm spending, yeah, and yeah, what I'm saving and why. I guess bringing out the why, like what's the next movement? Not just saving for the sake of having money bags.
I mean, that's a cool nickname because obviously you've got some casholder behind you. That's what I was trying to get out of the Money masterclass is like setting it up so it takes it to the next level. So you've got your budget, and that's great, and so many of us just write out our budgets, but like could go nowhere with it. So I think the fact that it writes out your budget tells you your surplus. You've
got to allocate all of these things. It asks about your goals and values, and then it spits out a plan to be like, Okay, well, if you have this budget and these goals, and these are your savings allocations and what you're looking to achieve, these are the amounts of money that you need to put in each and every single bank account to make this work. And here's the structure. And to me, that's the only way I can be successful. Like I need the structure.
Yeah, it's good for my husband as well. He needs to see it. He just goes, you know, here's my wage, and you deal with it. But I'm very much of no, you need to understand this too.
Yeah, it's nice to see the breakups as well because I use that system obviously for my own budget and cash flow. That's why I shared it with everybody else. But sometimes I look at it and go, oh, I didn't realize that cost me.
That is that actually worth it?
And like my husband and I will sit down and go, oh, yes, no, maybe like oh, we've got this you know, big money goal of like just even like frivolous things where it's like a couple of thousand dollars and we really really want it. It's nice to be able to build it in and not feel like it takes a lot from I guess our bigger goals. It makes me go, oh, well, actually, even though we're planning on, you know, having a baby, we've got a baby fund like that doesn't actually compromise
it that much over this period of time. Yes we can have it. Or there's a goal that does compromise it, and we go, actually, we thought we wanted to do that. I've just done the numbers. Absolutely not, We're not doing that. That's so silly.
I don't know. I just feel more in control. Yeah, definitely adore it.
If anyone's listening and they want to join the money master Class, I'll give your little fifty bucks off, which is obviously a bit of a money in use the code pod fifty so pod of fifty. Back to the show, though, money direst I want to bring this down a bit. What are money bags? Is worse habits?
Uber eats?
Oh same, but we're.
Keeping the Uber Eats economy afloats, so we're basically a charity.
That was my argument through lockdown and then yeah, it's definitely like when you do sort of the money apps that break down like what you've spent in each section. I avoid looking at the takeout section. Yeah, fair, because it's never a nice thing to look at.
But why Uber eats? Is it just convenient? Is your favorite food on there?
Is it? You know you don't like cooking? Like, tell me a bit more about it.
Yeah, Look, it's probably the convenience of it. I work about an hour and ten minutes from home, so sometimes I can be in meetings and things till you know, six o'clock at night, and then by the time I walk in the door, it's got a past seven, and I'm like, the last thing I feel like doing is cooking.
You're making it in the kitchen, yeah, because then you've got to clean it up, and arguably you've been cleaning up after tiny people all day. I'm just here being you're like, fang girl, I'll just like let you have that bad money have it for now.
I mean we.
Probably could pull back on it, but it's okay. I totally get it, all right, money darrest. At the start of this episode, you said, v I think my money grade would be a BEE, and I thought, all right, well, I mean her name's money Bags, so I don't know if I believe her straight off the bat. Then you went on to tell me how you're basically killing it. You've got an eighty grand salary and a car, but through all of that, you've managed to create twenty five
thousand dollars in shares. You own two properties, one of them's in investment property. You've got a heap of equity. At thirty, you have one hundred grand in super because you told me that since the age of nineteen, you've been sacrificing fifteen percent, Like what type of nineteen year old does that? But then also what type of thirty year old does all of this? And then says, oh, I'm still a B. So tell me do you think that the B is still accurate? If so, why if not, what's your new grade?
I guess when you put it down it probably doesn't sound like it. I'd probably say I'm an a. But there's always a room for improvement. So I'm very much under the belief that you know, there's always something else to do or another way to improve and get better at something. So I don't believe that you can just be a float out a plus and that that's the end of the road. So definitely still room for improvement, adore.
I love that, and I'm glad you upgraded yourself, because if you weren't going to upgrade yourself, I'd be like, I'm stripping you of your nickname. Nobody's allowed to call you money bags unless you call yourself an a. Can't take advice from people who don't have conviction in themselves.
I don't think, yeah.
All right, money dost. It has been beautiful getting to know you. Thank you, Thank you so much for hanging out with me, spending some time talking about your money story, but also having just a really good chat about childcare, having a good chat about how much baby's cost, but then also how you've managed to get to eight hundred and thirty thousand dollars in equity in your properties.
Before the age of thirty. Like to me, that's wild.
So congratulations, but also thank you so much for sharing this story. I know our community is going to love it, and I just think these stories and money diaries are so special and I'm just always so grateful for people who are willing to share.
Thanks for having me.
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