Setting Up Your New Year Investment Plan

Order Kerney 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.

And set ourselves up to hopefully have a very successful, very prosperous hopefully. Yeah, I hate the word prosperous. I feel like like I love the intent of the word, but I feel like that we're just prosperous just sounds like it's gate kept for wealthy people. I would like everyone to have a prosperous Yeah. Same, I don't want them to not have a prosper I just don't like the word. Anyway, we can move on because I have

a whole laundry list of stuff to get through. I really want to take you guys through not only setting up an investment plan, which we've obviously covered before, but like recap it so it's front of mind and super fresh for the year to come. Because even if you have already set up an investment plan, an investment plan

isn't something that you set and forget. It's something that we consistently check on and make sure that we're up to date with because things change right now, even if they don't feel like they are very different, Even if we press rewind till the fourth of January last year, I guarantee things are very different. And you know what, that's not a bad thing, but we need to be on top of it. So Jess, let's get into it.

I know none of this will come as a surprise, but we are here to refresh you, here to review everything and to hopefully give you a little bit of motivation to kick things off in a very very exciting way. Sounds incredible, all right, VD Where do we begin? Ye knew me? What is the very first step that I should be taking to set up my brand new, shiny

investment plan? All right, So, whether you're planning on setting up a new investment plan or just refreshing and reviewing one that exists already, the first thing I'm going to say is review your finances. So if we re wind back to season one, if she's on the money, I think, like episode two, it was very very long ago. But the reason it's there is because it's always relevant. So

we are going to do a bank account audit. It is not very exciting, I promise, but with a good glass of wine or a cup of tea or even maybe like an apperole in hand this time of year, I promise it can be a good exercise. But what you're going to do is sit down and go through your bank statements. So you're going to print out and I know that we want to save paper in this house, but to me, this is one of the best ways that you can actually do it because it's really visible.

It's not like, oh, I brought it on my phone on a list or I just flicked through something on my phone like that's not powerful. Power is holding it in your hands and actually being able to see like, oh my gosh, this means this, and this means that.

So you're going to grab two colored highlighters, different colors please, and you are going to go through three months with your bank account statements and highlight your discretionary expenses in one color and your non discretionary exasp in the other. So discretionary expenses are the things that you don't really need to spend money on to survive. So we're talking like take away and shopping and Christmas expenses. We are going to go through things that you know you don't

have to spend money on to survive. We're not saying that you can't. This isn't a good or a bad conversation. It's just highlight your discretionary in the green and then in your pink highlighter. You're going to highlight your non discretionary so that's things like rent or mortgage, or your electricity bills or your grocery bills or things that we don't have a lot of power over because the second that we do that, we can see where our split

of money is going. But also, as you highlight things that are discretionary, you can go, oh, my gosh, that isn't the line to my values, or I do like this, or I don't like this, And to me, that's a really powerful place to start. And putting everything in perspective means that when you go to do a budget and a cash flow, you're more likely to know where you want to pull things in, or it's going to highlight areas that you spending that maybe you weren't as aware

of as you could be. I remember the first time I ever did this, I was shocked just by the sheer volume of transactions that came out, because I mean, you never really go through unless you're looking for something specific. You never really go through line by line what you've got, which I guess is the whole purpose of this. And I printed it out and I remember it's like ten pages or something from US time I was like, atio of wine. Yeah, I was like, oh my gosh, I'm

gonna be here forever. It is actually like that, and that's why I always say, like, grab a glass of wine or a cup of tea and do it as kind of I would say self care activity, because it's not meant to be oh my gosh, chess, like you're

so naughty. You've had so many transactions. I think what the intention of this activity is one to understand where your money is going and what you're spending it on, but just to highlight to you literally very physically, because you know these days, money isn't that physical that it is actually the small things that add up. It's the

one dollar slope at seven eleven consistently, it is every toffee. Yeah, but do you know what I mean, Like, it's the small things that we spend on that we go far out. Like I knew I did that and it didn't quote matter, But I wish I didn't do that as much because I didn't realize that would mean an extra twenty dollars towards something that I really really care about at the

end of the month. So it's really about pulling together all of your finances and reviewing them, not just going do I pay rent?

setting new intentions. And we spoke a lot about this last week in our goal setting episode, but kind of harnessing the power of how we're feeling right now. We're all feeling good and excited and shiny and new. And do you know why I'm making you do it at the start of the year as well, Jess? And why I made you include Christmas in it? Why? Because is

one the next step. I'm going to spoil it now we're going to talk about budgeting, but I need you to know what you spent on Christmas so that we now have a full twelve months to set ourselves up

for financial success. During a festive period because it's the one thing that's always going to happen, like if you celebrate Christmas or you celebrate something festive at that period of the year, like you know it's coming, and it's really hard to budget for it when you're like oh far out, like all right, well, I'm going to get Jess a present it'll be fifty dollars, or get analse At a present that'll be fifty dollars, and then actually

going through your bank statements is going to show you, oh, well, Jess's present was actually sixty five and Analysa's was actually forty dollars, or you know, Gabby's present was actually one hundred and ten because you wanted to get them something different.

And I think that it's not really about what you're spending, but being aware of it, because if in January we started putting money aside for Christmas, everybody would be so much less stressed about something that's arguably gonna come up. Because you don't just not celebrate Christmas one you like it's coming, let's prepare for it. And it's not that sexy, but I promise, especially right now where you're probably still feeling that overarching feeling of stress from Christmas because it's

still probably financially impacting you. It's a good time to set that intention and actually put yourself forward, because we don't want to feel like this on the fourth of January next year. Oh she's a thinker, and we know that a lot of people are in the same boat and thinking about the same thing as us, because when we did our community Christmas Hacks episode a few weeks ago, that was one of the top ones that came through. So we're all clearly on the same wavelength. Talk to

me about budget and cash flow. I feel like again the new year is the perfect time to be taking a look. All right, so I spoiled it before, But the next step is to do your budget and cash flow. You can obviously jump online if you wanted to and do our budget and cash flow program. Obviously I'm a little bit biased and I think it works really well, but so to thousands of other people. Or you could just sit down and use our free budget tool on

our website. Yes it's a bit more manual, but money when it is free and put yourself back in control. So you've done your bank account audit, you kind of know a little bit about where your money is going on. What's going on. Now, let's sit down and actually do a budget. Let's write down all of our expenses and where they're going, and not only that, but take it to the next level and create a cash flow system. So I think that this, or from my perspective, this

is where a lot of money systems fall short. So doing a budget, it's so exciting, right, Jess, Like, I know you love doing a good budget because we talk about it all the time, but we love sitting down and going I feel so in control, I feel so empowered.

I'm going to write down all of my expenses and what I'm going to budget for them, and what I earn and what my debts are, and I'm going to, you know, put it in this system that makes sense, and you have this spreadsheet and then you file it away and you never touch it again because it isn't reflective of the cash flow system that you have. So a cash flow system is a banking system that puts you in control of your budget by making sure that every single dollar that comes in has a home to

go to. So it might be a different bank account, it might be your spending account every day, but it makes sure that every every dollar goes into a cash hub, and that cash hub keeps your money safe because it's so easy to lose money over time, and I know that people are going to be like, what do you mean lose money, Victoria, But if it's in your spending account, you might just spend it. You'll be like, Oh, there's fifty bucks in there. I can afford another ten dollar sandwich.

It's all good. And then come July this year, you're going to turn around and be like, oh my gosh, I completely forgot I had regrodu Like, we're going to plan for all of that. So this year, finance isn't a stress for you, but rather something that empowers you.

And regardless of what financial situation you were in, whether you are in significant personal debt, whether you are a millionaire, whether you are just about to save your first home deposit, I promise having a cash flow system is going to make you feel far more empowered in all of those situations. I promise. Even if you are in debt and burying your head in the sand right now without money, you're not going to feel stressed about it because there's a plan,

there's a system. It takes the weight off your shoulders and puts it on the system as opposed to you, And I think that that is one of the most empowering things about a budget and cash flow system because they work together to put you in a less stressed place because there's a plan actually working, as opposed to a cute spreadsheet that got filed away, that didn't get looked at and didn't actually help because I don't want

to look at it on a weekly basis. What about our friends who might have done the right thing and set themselves up with a really solid budget or a cash flow last year, do they still need to be checking in and reviewing it even if they feel like nothing's really changed. Absolutely, because our values change over time and the way we live our lives changes es like it just is different. Like Jess, last year, you and I were really into Polarates, but we haven't done that recently.

So imagine if I had an ongoing Polarities membership that I'll still paying for and I still feel like, oh I want that, I'll go back to that, but it's like sixty bucks a month or something, and you know we're not using it. Maybe it's time to just have that highlighted to me and cancel it. I recently, as you know, have been obsessed with the Real Housewives of PEVL.

I downloaded a new streaming platform and I have been using that, but now vocalizing it, I've really stopped watching Real Housewives of Beverly Hills because I don't have time. I'm really busy at the moment. So you know what, if I reviewed my budget, I could probably get rid of that for now. Because the one thing that I don't think people can sceptualize often when we talk about budgeting is you can actually remove something from your budget right now, but it doesn't mean you can't go back

to it. It doesn't mean that when I get back into Real Housewives of like Salt Lake City or something that we're talking about the other day, I can't re download it. I absolutely can, but right here and now I will save like fifteen bucks a month by just getting rid of it because I'm not using it. So I think that reviewing your budget, regardless of where you are, doesn't mean that you know your salary has changed. It

doesn't mean that your goals have changed. But there are small tweaks along the way that we need to track and it might not equal out that Oh my gosh, I've got heaps more in savings, but there might be some going to a different bucket and one going to savings, and you know, maybe something has changed and it might just redirect the flow. Doesn't necessarily mean that we have more savings, but in a perfect world it does. But we always want to be super on top of it.

So the right dollar is going into the right bucket, and we are putting ourselves in control. All right, So we've done a financial audit, we know how much we're spending. We've done our budget and cash flow, so we now probably have a pretty good idea of what we can allocate to investing. What is the next step we should

be taking. We are going to redo our goals. And I love goal setting, especially at the start of the year, because it's like near new me vibes, right, like everybody The busiest time of gyms in the entire world is January.

It's because everyone sets these beautiful intentions from themselves. And I've got a few girlfriends who used to work at gym's and they both say, oh my gosh, Victoria, it's so funny because all of these people start coming to the gym religiously in January, and by February we're dead quiet because everybody's set these goals, but they're unrealistic and

they don't maintain them throughout the year. So every single year they laugh about it because they're like, oh, here comes the January flow of people who aren't going to stay. And that's kind of like our financial goals, right. It's because these people going to the gym aren't setting realistic goals for themselves. They're going, I'm going to go so hard on this. It's not going to work if you go so hard and don't actually intertwine it into the

life that you actually live. So what we're going to do is set our financial goals. And the reason we're going to do that is because obviously having a plan means that you are ten times more likely to achieve those goals. But it's a time to revisit the goals you set last year and be a little bit critical of them. So I don't mean crucify yourself if you didn't achieve them. Let's say you set a goal of saving ten thousand dollars last year. What happened to that goal?

Did you achieve it? Did you not achieve it. Did you get halfway there? If so, why we're not crucifying ourselves. We're not saying it's good or bad. But I want to fully understand why you achieved that goal, or maybe why you didn't achieve that goal. Did you achieve it really easily because you set a plan in place and it was just autodirect debited from your account and that was really easy. Hey, there's something we can replicate again this year because it's tried and true. If you didn't

achieve that goal, why didn't we achieve that goal? Is it because it was a stretch? Did you maybe not break that goal down into small enough bite sized pieces to realize that ten thousand dollars over a year sounds like a lot of money, but it's still twenty seven dollars fifty each and every single day that you need to have going into your savings account. And if that's unobtainable and unachievable, why would we set that goal again

because it's not going to be met? How do we create a plan that puts you in the driver's seat. So I think whether you achieved a goal or you didn't, we need to look at why that's the case, because this year it's all about putting yourself back in control. And if you did achieve it, fantastic. We can probably do it again and do some more and create plans

that involve that way of setting goal. If you didn't achieve it, let's go back to the drawing board and find something that does work, because we can't keep trying to make something work if it didn't work the first twelve months that we implemented it. Yeah, that makes total sense. Already. Don't go anywhere, guys. We're going to dash to a really quick break, But when we come back, we're going to tell you how to take everything we just spoke

about and use that for your investment plan. Don't go anywhere, all righty guys, welcome back. And you might have been listening to that first half, going Victoria, I've barely heard you say the word investing. It's your favorite thing in the world. What's it going on? It is? Well, do not stress, everybody. We're about to get deep into the nitty gritty of how you're going to take all of these brand new year good vibes and get yourself up

for your investing plan. Genius VD, where are we starting So first things first, I wanted to set you up with the first half of this episode with like a refresher because investment ultimately is about money, and if we're not in control or really deeply understanding our money, your investment plan's not going to last. So let's set all of those up and let's call them like hygiene points. You need to meet them. It doesn't matter whether you

like doing it or not. It's kind of like brushing your teeth at the end of the day, like you're meant to do it for someone like, it's not the best task. I like brushing my teeth, Jess, because I just don't like that fury feeling like it keeps me anxiety and laying in bed, I don't feel like I can go straight to sleep, So for me it's become innate. But if you like sometimes just go to bed without

doing it, you know it's not good for you. Right, So we actually need to do those hygiene points before setting up an investment plan, because otherwise that investment plan isn't sustainable. So what are we going to do? First things first, we've done episodes on this, so obviously in the show notes we will link back, so you've got more tools in your toolkit to reference. But the first

thing we're going to do is understand risk. So I know I harp on about this all the time, but even if you already have done your risk profile, now's the time to do it again. And the reason is because Jess, as we said before, you're not the same person you were twelve months ago. Things change. Hopefully you've been listening to twelve months. If she's on the money,

and you're more educated, you're more empowered. Maybe last year you started your investment portfolio and you're like, okay, so I've started with micro investing and I'm dabbling in this and I want to take it to the next step and I feel more empowered. That's very likely going to have changed your investment risk profile. And I know that that sounds crazy because some people are like, shouldn't that

be the same? Always No, because it's really related to how educated you are, the financial circumstances that you're currently in, and what that actually means. So you're going to go do your risk profile and fully understand what it means for you and to give it a really quick summary.

And investment risk is basically the likelihood that you might lose money in something that you've invested, and it takes into consideration a whole heap of different things, so things like the market risk, your education, how old you are, what your plan is, how long these goals are, and puts you in a position where you get a risk profile spat out and jess you might be a growth investor, and then it will tell you the types of investments

that might best suit you. Because somebody who is a growth investor, they come out and they will very likely have a suggested portfolio that is made up of shares. So most of that portfolio will be maybe some international shares, maybe some domestic shares, it doesn't matter how that split is, but their amount of cash that they're holding will be

very low. I was looking at my investment profile the other day and I am a high growth investor, so I only hold two percent cash, and to be honest, as a high growth investor, a lot of people don't even hold any cash at that point. But I like to have a little bit of flexibility, Whereas if you came out as more of a conservative investor, it's very likely that you might have like forty percent international shares, forty percent domestic shares and then twenty percent of cash

or bonds or something a little bit more stable. So it really and it's actually really important to have this guideline so that you're investing in line with the risk that you want to take on. And you don't get another twelve month down the line you're like, oh my gosh, yes, like I'm so stressed because I don't fully comprehend this, or I feel really uncomfortable with this, or this isn't the right fit for me. All right, that sounds good. I love the tip to go back and refreshing case

it's changed. What should we be doing next? Okay, so next is to research your investment options. So you need to find the right investment option for you. So, as I said before, first we start with our risk profile, so we know what we need to look at. Because, yes, if you come out as a high growth investor, why would you spend too much time researching bonds as an option because they're not an option that most high growth

investors are trying to pick. So to find the right investment option for you, we're going to do a few things. We're gonna understand return, So, like, what is the expected return on that investment that you want to make. You're gonna look at the timeframe. So how long are you investing for? Is this like for two or three years, in which case you're probably going to go with something a little bit more conservative. Is it five years? Is

it ten years? Is it for the long term? Is this like your financial freedom investment so that you can retire, in which case that's a really long timeframe, so you could probably afford to have a little bit more risk. So we need to understand that what access to cash do we need? So are you renovating a house right now and you want to start investing, but you also know you're going to need ten thousand dollars in a

few months to pay offer Chibby. Well, in that case, it's not that smart to invest that money right now because you need it to be quite liquid. What is the cost to buy and sell? So how much is it going to cost you to get into the share market? What does that actually mean? How much brokerage are you paying? And how much does it cost to exit that investment? Because something that a lot of people forget is that

sometimes there'll be an exit cost. And I know that at this time of the year, there are going to be a whole heave of people saying, oh my gosh, we've got free brokerage, we've got this, we've got that no cost at all to trade on our platform. Look a little bit deeper, because one nothing worth having is ever free. There's very likely to be an exit fee on that because they need to make money somewhere, Jess.

The next is tax. I really need you to know what is involved when it comes to tax, because there are tax implications, and I don't want you to be stung with anything unnecessarily. If you're starting really small, it doesn't matter too much if I'm being honest, because if you're making money, we are paying tax money win. But if you're in a circumstance where you maybe have an inheritance and you're looking at selling that portfolio, there are

going to be implications. If you have put a very large amount of money into the market and you're planning on selling it in nine months, Yess, I'd be really careful because if you then made money, you're going to be up for fifty percent capital gains tax and that's not that sexy. So while we don't need to be scared of it, we do need to be super aware and put ourselves back in a position where we're like, yep, I know what I'm doing, really okay with it. It

is all good. But we then need after that to

look at our platform of choice. So we've done a whole episode on this, and we will absolutely link in the show notes back to this episode to make sure that's another tool that you've got in your toolkit to start this also probably a really good time just to remind everybody that late last year I wrote another book called Investing, which she's on the Money, and it takes you through how to put a whole strategy together right literally, Like I can't tell you how to invest individually because

that would be unethical from my point of view but also illegal. But what I can do is take you down a very beautiful garden path that is mint green and gold, and it can take you through every step of the way so you can create your own investment plan. But looking at the different platforms that you want to invest in is really going to start narrowing down what we are going to invest in. So are you looking

at a micro investing platform. If so, there are a few, Like, there's not many options but there are a few options here in Australia that you could choose from. So if that's the route you're going down, maybe wipe everything else off the table and just look at the differences between those two or three platforms, because it's going to stop you having overload. It's going to stop you from being like, oh my gosh, this is just so overwhelming. I don't

even know where to start. If it's not microinvesting, then maybe you want to go with a DIY platform, in which case you need to start looking at what features and benefits do I want to have? Do I want to really sexy app or do I want to be sent heaps and heaps of research on a daily basis

to make a decision. Is my plan to buy ETFs or exchange traded funds, or am I going to be a direct equities kind of gal and go and trade stocks individually on the US Stock Exchange, in which case you need to make sure that the platform or the DIY platform that you're picking actually allows you to do that. Because not all DIY platforms are created the same. It

doesn't mean they're good or bad. It's just about accessibility and the thing I would say about DIY is it can be really overwhelming, but yeses in my book that I wrote, I'm quite biased. Even if you don't buy it, just pop into kmart, guys, open to this page, have a little read and see what it means for you. But I did an entire comparison table of all of

the platforms from Microinvesting, DIY, robo Advice. They're all in a table so you can immediately see the features and benefits and the costs and what accessibility they have and what they don't have access to, so you can go, oh, that's how that's in Because, for example, some people in our community adore trading with self Wealth, and they're a

really solid platform. They've been around for years. They have a lot more research on their platform than most platforms do because they're a little bit more technical, Like the dashboard when you log in is a lot more technical, not in a we can't understand it way, we absolutely can, but it's less flashy, if that makes sense. But the thing about that is they do have a minimum trade, so you have to have five hundred to start with, whereas if you compare it to a share esse, they've

got less research. They still have research They have really great researchers, just not nearly as comprehensive, and some people don't want to read white papers, you know, but their accessibility is one cent, so you can literally invest for one cent on that platform. So if you're like, oh, V, I was planning on starting, you know, direct shares with fifty bucks, great, Well maybe you wouldn't look at self

wealth because that's not an option. It's not about what you like and what you don't like, and about financial advice. It's actually more about what can I use in my circumstances and what are lines to the goals that I'm trying to achieve. So researching your investment options is really important. Then we've obviously got no won't harp on about it because I know that this episode is getting a little bit lengthy. But then you've got robo advice or direct

financial advice and that episode will cover it all for you. Yeah, it's a really good time as well to be jumping on websites if you are choosing between different platforms, because, like you said before, a lot of places offer like new year deals or sign up bonuses and things like that, so definitely shop around. Use that table in the book to kind of give you an idea of what features you really like and then jump on the website because

you never know what things people might be offering. And obviously, you know, the books go to print and then people change things and the whole thing. Yeah, that was actually one thing I was about to say is like I tried so hard for that to be super factually accurate, But like, what if phrase changed their face and it's a new year, So there might be different sign up bonuses or different features and benefits available that weren't available

when I wrote the book. So if you look at one and you're like, I think that's the option for me, please just jump on their website and cross check the information to make sure that it's still aligned to what you think you're getting, because I would hate for you to sign up to something and then be like, oh shit, like they changed that. Yeah, no, Due diligence always always

wear such big fans of that. Okay, so we've done our finance order, We've got our budget and cash flow all set up, we've set our goals, we know where we want our money to go. We figured out our risk profile, and we've explored all of our different investment options, and we've got a pretty good idea of what we think might align well to us and our values. Queen, Bye, we behavior what now? All right? So this is the one that I think most people struggle with, and that's

actually taking the step. So I know that there is going to be a handful of you who are listening who are just so excited to invest. Maybe you've been listening to Shees on the Money this entire time, Maybe you have done all the research, maybe you've put together a spreadsheet and actually like analyzed it all yourself, but you haven't invested yet. This is the reminder to take the next step. I promise it is not as hard

as you think it is. Women, especially get analysis paralysis where there are too many options on the table, or we get information overload and we just feel so overwhelmed that we don't make a decision. So I think now is a good reminder to say, Look, not making a decision or not investing is still a choice. I know that you're like, oh, I just haven't decided to do

it yet. I totally get that. But if this is a goal of yours and something that you really want to achieve, now is the time to take the first step. You do not have to start at the very top. You do not have to invest your life savings. You do not even have to invest five hundred dollars to start.

But what you do need to do is if this is a plan for you, and this is something that you want to achieve, and you just can't put yourself in a position where you're like, oh my gosh, I just feel like I keep putting it off, or I don't know what platform to go with. What if it's not the right platform, Jess Like, it's fine to change, yeah, Like it's fine to have a play on one and be like, oh I don't really like this and move

to another. Because let's see those fees. As much as some people might go, oh, don't dabble around in lots of different platforms. You waste your money, you lose some fees. Yes, that's not a good idea. What if that's an investment in your financial education and that's the money that actually got you started investing. What if you know, the trading fee of two dollars fifty a month actually was an investment in your financial education. Just what's the worst that

could happen? You lose the ten dollars that you invested, like it's not actually a bad thing. I think that we need to take the next step and start giving ourselves exposure to the share market, because that's the only way we are going to learn. I was talking to a couple of friends, and I think I've said this on the podcast before, but my job when I was a financial advisor was actually quite technical, right, Like I

had to know everything. I had to have a degree, I had to be quite qualified to do that role. I had to pass the Foresea exam. But my knowledge really came on the job, Like it came from being in the markets every day. It came from the conversations with the stockbrokers that I would talk to on a regular basis. It came from the financial advisors around me. It came from my friends that I made in the industry. He'd be like, Oh did you see this? What about this?

Soa like it came from experience, and I think that we need to give ourselves the gift of experience now. And I've had so many people message me recently being like, Oh, I just can't seem to take the next step. VI, what do I do? I'm just I don't know what to say to you, because it's just start. But stop being so overwhelming on yourself. Stop putting yourself in a position where you think that you need to be all end all and absolutely go the whole hog because you don't.

Just take one step in the right direction, and I promise it'll start snowballing from there. Oh my gosh, what a perfect place to leave it. And if you are feeling overwhelmed, don't forget. We have an entire back catalog of investing specific content. We did an entire investing episode every single month the entire year of twenty twenty two, which is pretty huge if you ask me, So definitely

go back. There's a lot of information there, and there's heaps as well in your second book, Investing with Shees on the Money. Genius says, all right, well we you have to go grab a coffee because I am exhausted after essentially word vomiting everywhere. I was just too excited. So thank you for allowing me the space to do that. New Year, New me vibes. I feel happy New Year. The advice sheared on Shees 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 Divine and She's on the Money are authorized representatives of money SHERPA, pty Ltd ABN three two one six four nine two seven seven zero eight AFSL four five one two eight nine