She's On The Money Radio Recap - 1 October

Radio.

She's on The Money Radio Show.

With Victoria Divine starts now.

Hello and welcome to the She's on the Money Radio Show podcast, the radio show podcast for millennials who want financial freedom.

Hello, I'm excited this week with Ditch Mitchchury, million dollar, Mitch is out, billion dollar Byron is In.

Barron Cook, welcome to the pod.

Thank you.

Also one of the DJs here, part of the Kiss Network. And I believe I have about as much of a financial qualification as Mitch does, which is.

Bugger basically nothing.

Not a very high bar at all. Mast was low. You sleep straight in. Hey.

We had some really interesting stuff on the show this week because we usually are a little bit safe. But you mean safe safe, well, I mean we had we had a well, I don't want to say a sex worker, because.

We did well that's exactly what she gues, all.

Right, if you want to go there, that's fine. So we had Renee Gracie, who is one of Australia's leading only fans models making how much money.

I'm not going to tell you yet. You'll have to listen for that, but I definitely ask her you do.

And that's what I found it extraordinary because you know, I thought we might just tiptoe around it all and old mate over here, she just goes straight in, how much money are you making?

All right?

Not enough?

That's who I am. She's on the money.

I ask people what they make each and every single week, and we shouldn't be shamed about it. In fact, it can be inspiring, it can be enlightening. It can actually make a lot of sense, right because you see people on social media and you're like, Wow, they've got a nice house and they've just done a pool.

I wonder what.

They're they're earning, and actually is really constructive to know that different areas pay different amounts and this is what this person is making and how it works. But also the thing that I found really interesting with Renee was like she's.

Like, I know that this is not forever.

So she's trying to make hay while the sun is shining, which a lot of women in the sex work industry are doing as well. So you best believe they're really good at investing, They're really good with their money.

And not that anyone would stop now they're going to listen to the whole podcast, but sure he keep listening because she actually answers the question, and I can't believe what the answer was.

What Byron actually resigned from his role here at Kiss and now he's on the role.

I just came back to do this intro, but in the middle of this show will walk out when I find out how.

Much she makes Fantastic.

Wow, that is I can't believe the foresight that you have in the future telling right here. I feel though, Okay, we didn't talk about this in here because we all we wanted to keep it about money. But for me personally, and I don't know about you, Born, is that if a partner goes and does only fans, is that a deal break a few because it definitely is for me.

For me to talk about relationships, I have even less authority on relationships than I do with money.

We don't even want to start with that.

I reckon about communication and consent.

My friend is acceptable in one relationship might be wildly unacceptable in another.

And to be honest, it's up to you exactly.

And you know what is acceptable saving money, because we actually had some really great saving now accepting.

How good steps are saving money, it's a good piece of news.

You've been doing it for a while am I going to be in trouble?

Yeah, you are, because not only are you going to tell somebody how they can upsize their house where they're living in a little box with.

Six was it six kids?

It was four four six, very small house in a tiny home, she said.

Which might have had to do with the only I'm not even going to do.

You are going to end up in the bin this week if you're going to come for sex workers.

May I'm not coming for sex workers. People are free to do whatever they want. I'm just saying it's not my thing.

Let's get into the show.

No, you were going to save us how much money?

I'm going to save you a heap of money.

I'm going to save you fifty percent on your groceries, and I'm also going to tell you exactly how much money you can save by using the first time super Saver scheme.

I wouldn't go anywhere.

If I were you, even if you did want to go somewhere, that's your prerogative. Your business is your business. But I hope you don't because it's a great show. And she's on The Money radio show starts right now. Yeah, for your Saturday morning. She's on the Money radio show with Australia's number one finance podcaster and also bookseller. Right now Victoria Fine number one in our hearts.

And five in the country the country number one in her category.

Yeah, well the.

Byron Cook but also billion Dollar Byron as we've now decided to call him.

Yeah, he's sitting in here filling in for Mitchtury and right now, guys, we are talking about side hustles, how you can make some serious coins.

So it's been a pretty hot topic in our community recently, and that is Only Fans, and I think it's become a pretty hot topic because I've had a few of my clients on the show recently. And as you guys know, financial advisor who gives legit financial advice, and a lot of these women are making bank and want somebody who just gets money to actually help them along because they get content.

I'm telling you, they get content.

So, for those of you who haven't heard, OnlyFans is basically an online platform and app. It was established in twenty sixteen with the intention of people being able to share photos and videos for a subscription, so people subscribe, but then once you're subscribed, you can also request custom made content and a lot of people are now using it to create adult content and for that they are

Renee, Welcome to the show.

Hi guy, Thanks for having me.

No, of course we want to talk about it because we know it's very lucrative, but I also feel like it's very not known. At the same time, it's also shrouded with judgment, which it absolutely shouldn't be.

So we want to know how did you begin this side hustle.

I had no idea it was going to turn out to what it turned out too. I had just moved back from Melbourne. I had left not a spoort, I had nothing else to do. My sister and I were looking at starting a business together. Let's just do something for ourselves, not work nine to five for other people.

Basically, Renee, would you agree that having a profile you're a V eight supercar driver and that brings with it some profile we've seen other onlyfan success stories who may have been on a reality TV show. Just that gives you sort of that position. Do you think that gave you an edge?

Yes, definitely. I was very fortunate when I started. I knew that my race fans were quite loyal, so I knew that they would support me no matter what I did. They followed me even though I wasn't racing, So I felt confident in doing that and I knew that that fan base was going to be there. Knowing that I had that support system in the beginning is probably what maybe do it. And I definitely think if you're known and have a good following base, it really does make

So you were saying that obviously it wasn't planned and it's actually grown into something that you never thought it could do.

So what is the plan, Renee, Like, where do you want to go from this?

What kind of money are you thinking of making, and how are you going to I suppose grow your career but also your life around that.

Honestly, I still every day. In November, it'll be three years I've been on OnlyFans, and I still get shocked that I'm still in this position. Ever since I've started it, it's almost been too good to be true. So I've been setting myself up from day dot when the money started rolling in, to know that this will eventually fall

Basically, I adore that.

I feel like you sound so passionate, and as someone who has been watching you, I hope in a not a weird way watching you from the sidelines, I'm one of your TikTok followers. I feel like you're one of the more authentic girls in the industry.

Hey, we've got to take a quick break here, Renee Gracie from Only Fans. If you don't mind sticking around for a little bit. And Victoria, I know there's a question you want to ask her. You haven't asked it yet. Come a wait, I want you to do it straight after this.

Oh, this is a money radio show.

I'm going to be asking her how much she makes and low key off the record, I reckon it's going to be in the six figure.

Around Oh my god.

Yeah, like you're going to retire from radio, my friend, You're going to become actual billion dollar virus.

So we're actually going to ask that after this.

Yeah, actually going to ask her how much money do you make? Otherwise, why are you coming on my show?

Stick around? Where are you going to do that? Next? You might hang up? Hopefully she doesn't stay.

Right for me, she sticks around.

Victoria. If people have just tuned in, tell them what we've been up to.

We've been chatting to Renee.

She is an absolute hustler on the platform only fans if you haven't heard of it before. It's an online platform and app that was established in twenty sixteen where people can pay for content, photos, videos, live streams for a monthly membership, and they can also request custom content. Renee has been making bank on this, but I want to go back to it. You said something before which I think a lot of people think about this type of content, and that's that it's not going to last forever.

Property is my side hustle. That's where I put my money into an invest I've done other businesses, but I just dealing with customers and stuff like that. Quite honestly, it's not my thing. I'm just too much of a hothead. I don't have patience. I like being in control more so, I've discovered sort of me being in control of my own content and how I make my money now is exactly how it needs to be. So for me, it's the property side of things. It is like my ultimate goal.

Yeah, I feel like you are so switched on, And I think that this is such a misconception about the industry that you work in, that everyone might be a little bit airy fairy, Whereas I find that my clients and the girls that I know that do only fans, they know what they're doing. They are making bank and putting future them in the best possible position, and I'm honestly, I'm always so shocked and proud of them because I'm like, get it.

Yeah, it's one of those things, the stigma that comes with the sex industry obviously, but a lot of girls I've found I've done coaching and stuff as well for girls on only fans, and most of them are in the sex industry, whether they're you know, sex workers, maybe they just work at a bar, at strip club, whatever it is, but they're studying seeing people. The money is great. Most of these girls are trying to better themselves that most of them want to be nurses or buy a

Yeah, one hundred percent.

I mean, it's the oldest industry in the entire world, and at the end of the day, sex work is real work. It is real money, and it is not an easy thing to do, so I applaud you for being so passionate about it.

Thank you, and Renee.

If you ever want to buy yourself an F one team, I would make an amazing team principle, So just keep that in mind, you shameless.

I hasn't been out of my budget at the moment, but at.

That moment I like the optimism. Renee, perfect question. But this is at the end of the day a money radio show. I want to know how much money are you making.

I'm clearing safely over one hundred thousand dollars a month.

Holy moly.

Well, and I'd just like to announce I've retired from Kiss and I'm getting into any fans guys, So you, guys.

You have a good time, good life.

Billion dollar Byron.

I've seen what he's got to offer, and it's not worth one hundred grand a month.

I'll give you.

Oh well, Renee, maybe can coach him a little bit.

Hey, Thank you so much Renee for jumping on the line with us this morning, right here and she's on the Money radio show.

Thank you so much, guys, thanks for having me.

And look, if OnlyFans isn't an option for you. But you still got yourself a money dilemma. You need a little bit of a helping hands. You can hit us up anytime, just search. She's on the Money on Socials. This week we've got Claire who wants to know this.

Byron, Oh, her house is bursting at the seams, Victoria, I mean this is extraordinary.

For it a problem you can resonate with is.

Well, No, it's not as a bachelor who lives alone.

Thanks for reminding me, Billy, you dollar mansion a tiny home for Claire with a husband and four very young kids. Now there's a situation she finds herself in. She desperately needs your help.

We'll get to that next right here on she's on the Money radio show.

This is She's on the Money radio show.

We've got a money dilemma, don't we track?

Let's do this not their slogan.

Yeah, each week we bring somebody's financial story on her to give Victoria's advice on what they should do. Now Byron, Clara centers a DM which you can do at any time.

Just search. She's on the Money on Socials.

Yeah, she says, hi, v I live in a tiny home. With my husband and four very young children. The kids share a bedroom. We have one bathroom, victoria, no playroom, no space. I feel like we're bursting at the seams in kastrophobic. The thing is, we'll have this house's mortgage paid off in six years time, We'll still be young, and we can look at investment opportunities.

Then.

Now, if we were to renovate or buy a larger family home, which clearly they want to they need the space, we would then have a mortgage of one to one point one million. I'm not sure I can stick out the six years. I don't want the kids to be too old to enjoy our dream home. Do we buy at the bullet and live our dream now and put ourselves in more debt? Or do we just suck it up and say, all right, we're sacrificing our sanity and happiness.

Or is there another way? It's an interesting one.

There's one thousand percent another way, and the other way is to either talk to a financial advisor or a mortgage broker. I just feel like this is worthy of a bigger conversation, because if you're going to pay off your mortgage in six years time, that might be your number one priority and your absolute value. But if you talk to a mortgage broker about the equity that's currently in your property, you might be able to leverage it

There's bad debt.

Good debt is the type of debt that creates wealth for us. It means that once it's paid off, we're in a better financial position because of it, and bad debt is consumer debt like credit cards or things that actually put us in a less profitable and less good position, where at the end of the day, once a debt's

Future right because the kids, and she said, like an incredible mum and very committed, you would hope that you could try and live in a situation that wasn't like this, because you don't want the kids to look back on their childhood as here, I shared a room with my two brothers and life was tough, Like if there's a way to change this, you'd want to try and find it, wouldn't You.

Think it's about just putting yourself in the best possible position. I mean, there's a lot of privilege in already owning your own property. That is definitely a dream that doesn't come true for every single Australian. But it's all about, well, what options do we have out there? Another option if you don't want to go into one to one point one million dollars worth of debt, is rent vesting an option for you.

That's where we buy a property rented out in.

A position or in a location that maybe you don't want to live at the moment, go and rent a property, but the income that you gain from renting out your property pays your rent in another location, while you still spash down your mortgage and you end up in a very good position long term. So it's just what do you want to do when it comes to the bigger picture, and sometimes you need some professional help to get you there.

And I also think that people have the wrong way around. They think they need to buy a place and live in that place, where no, you can go and buy that investment property, live the life that you want to and then before you know it, you could actually buy the place that you've been renting, or a place that's in the same area you've been renting.

And I'd argue, let's be honest, little financial advisor hat on here, if you're saying that you can service another mortgage of one to one point one million dollars, you're probably in a pretty okay financial position, and advice would be a really good idea because let's make the most of that instead of guessing and hoping and making sure it works.

Financial advice, honestly, I know it can be quite.

Cost prohibitive for a lot of people, but it puts you in such a better position. You could put your clients in a position where they literally have millions of dollars worth of money because of you, and your fees are at what three to six thousand dollars or if you see a mortgage broker, they don't even charge you money.

Win money. When she's done it again by why she's subtle.

Plug for Zella Money, my financial advice and broken company streck.

Yeah, I'm as subtle as a bull in a China shop.

All right.

If you've got a question on how Zella Money can work for you know how we can help you right here at She's on the money. All you got to do just search us on socials anywhere. We'll get another question next.

So she's on the money literally on any platform or Zelo Journey, whichever one's after here.

All right, mate, it's time for you to do some work. Super Savi Saturday coming up next. We want to know what super saving tips you've got in your little back pocket, Divine.

It is my favorite time of the week, which obviously at this point in time.

If you'll just got really expensive, I'm over it. I'm over it. We need to save more money together.

Super Saver Saturday.

Yeah, every single week, Victoria, you give us a little bit of sneaky tips on how we can keep more money in our bank accounts.

I pretend to.

So far, so good, though, and this week, I've got one for you about groceries, but before we get there, I'm going to talk about the first time super Savis scheme, which is an absolute mouthful. If you say it that quickly, you will yeah, thank you, thank you. I've been saying it for a really long time, but recently my community people have been asking about it, so I thought that we'd put it in as a tip because you can actually be in a much better financial.

Position because of it.

So when it comes to purchasing your first home, everybody in Australia that has a supranuation fund has access to this scheme. And basically what it means is that you can make voluntary contributions, which sounds a bit lame, but basically voluntary is where you volunteer to make additional contributions to your superranuation and this helps you save for your

Can can you ask your payrolls?

Yep?

Can they make those contributions for you? You literally just say to them, can you put extra inpluce?

Yes? Absolutely, you can ask payroll, or you can wait until you've got money in your savings and you're comfortable to pop it into super so it can have already come to your bank account. You can already have been paid it because you can actually just choose to transfer it. You can just be pay it so easy straight to your super fund. It means that you will get the tax back at tax time because you've obviously already paid it.

So that is my first hot tip.

Well, okay, you have a big shoe to fuel right there, fir and cook?

What what you got is your second tip?

Like, I got a sandwich fifty percent off because I bought it at three pm?

Okay, okay, remember who the guest is here? Please?

No, I know we're in sort of the realm of supermarkets, okay.

And I know it's supermarkets.

There is this popular half price app with up to date specials for your favorite Ossie supermarkets. So you're literally getting stuff for half price.

Yeah legit, Oh yeah, half price app. I use this one.

So basically it shows you every supermarket, Willis, calls you name it, and everything that's fifty percent off install that week.

Absolutely, And I mean, let's be very transparent about this. I'm literally just reading this off a sheet that Victoria gave me.

Yeah, you're welcome.

But if I knew where to find that app right now, which try to make you would be a store?

Yeah great, and so do you literally just type in tolf fction half.

Price app to your apps to download that app.

And the cool thing is gorne of the days of you going to your mailbox getting all the catalogs, going through it seeing.

What's on special.

All of the supermarkets are on one app, so you just scroll through, workout where everything is the cheapest, and then go shopping.

I used to be a pamphlet deliver I used to get ten bucks per week delivering those pamphlets.

Hey that's a really good deal for the person who wanted the pamphlets.

Now that is a great app, and I would just say this is an additional supermarket tip.

So I put this in as two a.

It's like an addendum, use avocado for everything. Seriously, avocados are still so cheap. I've been making so much guak you wouldn't believe it.

Guys, that's a good tip.

Genuinely, they are so cheap.

They're about a dollar seventy depending where you are in Australia, and they're ripe, and they're delicious, and there is still an oversupply of avocado.

Google avocado recipes and cash in.

Billon dollar Byron, brought to you by Avocados Australia.

The hell are you talking?

Oh?

He is so funny.

Do you know what he would have spent all of that time that you were talking thinking up that?

Now going to a better one will be the jest that I was going to walk into the station today.

But I have a CARDO have a car on that though. We've got to get out of here.

But Victoria, you're going to be at the Tivley tonight in Brisbane.

You can still get you can come say hi, I wait around. Honestly, I will be there until the last person leaves.

Good.

Probably have when you're number one in your category, number five in Australia.

Yeah, good from us.

All right, up next, You've got million dollar Mitch back. Don't worry, he'll be back next week. The lauron't have to put up with billion dollar Byron for too long.

Jeezu, slide into my dam you.

I've given you the avocado.

Tip tip was elite, all right.

Thank you.

The Lifelie Cut Show Laura BYRN Brett Hockley that is coming up next.

We'll see you next week, guys,