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.
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She's on the Money.
She's on the Money.
Hello and welcome. She's on the Money the podcast and millennials who want financial freedom Today, my friends, it is Friday, which means it is Taylor Swift Day tomorrow. Yeay. Also, we're mean to be getting our team together to celebrate you. How incredible She's on the Money community and Taylor Swift, which we are very very excited about. I don't know if you know this, Beck, but like Jess and I, what are we doing? We'll go to Taylor Swift? Really did you? Did you know?
I had a feeling it's just a slight suspicion.
I love it. I love It's all we've been talking about and now it's literally less than twenty four hours away. But before we get there, we actually have some work to do. We want to get through an entire Friday episode of our podcast. Today, Miss Jess Gricci, she's going to go through our favorite money wins. I wonder if she's pulled out any Taylor Swift inspired ones. Beck, You're going to be taking us through your broke tips. We're going to be helping to answer a juicy money dilemma,
which of this week is all about pet insurance. I feel like we haven't talked about that topic in a very long time, and we're going to be unpacking something that you slid into ours about always spicy, but this week you ask if you should move in with your in laws to save for a house. I feel like there could be some pretty good pros and cons from both of those. But before we get there, let's start with you, Beck, because I know Jess has had a
good week, and it's mainly due to anticipation. What has your week.
Been like, my love, My week's been really nice. Obviously, Valentine's day. Love is in the air and.
We know it.
Last week you did a little soft launch and said I do have a date.
I do have date. It was really really really nice and just like it was really cute and I love love, So what did you do? So this is a little bit spicy, but we do actually work together, and so we work.
Our bosses are listening to this episode.
If you are my boss or someone that works with me, please stop listening right now.
You didn't hear this, bye, Yeah, exactly.
No, it was really good. So we worked obviously in the daytime together, which was really cute.
She's on the money team. Sadly no, so like you guys don't need to speculate about that, true, because I don't know. Maybe they'd be like, hey, Jess, I thought you had a boyfriend. Well, well you know.
When Valentine's Day comes around, people where different. But you know, you love you just want to love love, you just want to love them, exactly, exactly, exactly, No, it was it was really cool and so yes, we did work all day together, and not a lot of people know, so we had to pretend that we were just like what's going on?
But really, but really you're like deeply enough, yes.
Exactly exactly, and then after that we just went to a gallery, went walked around the city and had some nice food and did all the nice like romantic things.
You made fortune cookies I did.
You might hear about that a little bit later. My tip, sorry at all.
I love.
That's me.
That's the best. That's me, miss Jess. How's your week being?
It's been good, as you said, just the prep work, finishing my outfit, making more braceless, really very excited.
How many bracelets do you have now?
Well?
I think I have about thirty maybe, but some of those have been dibbed by Gabby and then I love that.
Gabby's just like, heyges, can you please do the hard yards?
Yeah? And I do say maker, do that absolutely I will.
So.
Yeah. Not heats because you have to well originally they said you had to wear them in it, and they change their minds. But you trade them too, so I thought, rather than collecting and collecting and halting, I would rather just keep trading because I feel like that's really fun.
I have questions. So I've seen on TikTok so many women making their bracelets right, which sligh like I wish I had time for it, because I feel like that would be a fun activity. We also seeing so many girl date nights where they're drinking a little like little wine and making bracelets together, and I was like, why didn't we do that, Jessica. That's very US coded, and we don't do it. But I keep seeing people with like hundreds of bracelets, Like what are you doing with them?
Are you like gifting them away? Are you trading them? Once you're done at the concert? Do you then have like, I don't know, one hundred and fifty bracelet so you bring home, Like, jess what's the point.
Yeah, Well, some people have been making these little dio eyes with this shadow frame box to get a kmart and they put like their ticket in the box and they're going to store them for like the memes or people might wear them. But I think, like I wouldn't need hundreds, I wouldn't know what to do with it, which is why I thought I'll make less and then just trade and I assume that some of them you'll give away, and you know, between gabs and you whatever.
I'm excited. I'm so excited. I don't even have any bracelets to trade. I think I'll just be standing next to Jess while she's trading, clapping like a little like monkey toy, being like, yeah, this is so fun.
That's all right, I'll bring you some too.
It's cute tradition.
It's very fun.
How does it even start?
Because there's a line in one of the songs that says make the friendship bracelets, and so.
People started trading.
That is so wholesome.
It is all right, love love, I love Taylor Swift. I feel like all of these things go together, just to go weak love stories.
Yeah, and how's your week being?
My week has been good. I have not been nearly as active as you guys. My husband decided that maybe I was a little bit too pregnant to go out for dinner on Valentine's Day, and I was like, oh, okay, yeah, that's fair. But I had a really big day at work and then I came home and he made a little picnic yeah sweet, and we had it on our back garden and that was very wholesome. But yes, he is correct, I was too pregnant to go out. If he had mentioned it, I think I would have had a breakdown.
That's so fair.
I would have been like, absolutely not.
We love a man that knows we do.
So let's move on because it's not all about me. I want to know Jess more about the community. What community money wins he bringing to the table today, and are they Taylor Swift themed? You know what?
There wasn't a lot about Taylor Swift this week. I feel like everyone is just prepping in anticipation.
Don't imagine that you would be able to find many money saving hacks when it comes to Tail Swift because the ticks are expensive. You can't really get tickets Like.
They didn't know the drop this week? You believed that, Oh my goodness, what ticket drop?
Yeah?
Like an extra one? Like I don't know where the tickets came from because they've been sold out for.
Sure, But I don't know where they came from either. I saw that on socials and so excuse me what? And they did like a bit of a money win though they did start at sixty five dollars fifty, which I thought was really accessible.
That is a bargain.
Wow, So I feel like so many people obviously they would have been absolutely snapped up in point two seconds. Sure, yeah, what would you say, Jess? We invested in our tickets it's an investment.
It was an investment in our joy. And yes it's money well spent.
Yeah, it's aligned to our values. Yes. And by aligned to our values, I mean Jess's ticket was free because it was aligned to my values to make sure she came with me.
I love that money when that's the money whin all right. My first money in this week is actually Taylor swift themed from Alyssa, who said I accidentally left my friendship bracelet making to the last minute the week the concert, and now it is so hard to find good beads and string. Not once, but twice this week. I've been lucky enough to score a heap of free beads and string from other Swifties who have finished making this.
Oh that's a good money win.
It also saved me money because I spent the weekend making bracelets instead of going out and spending money that they shouldn't be spending.
That love that's girl math.
Swifties are so good like they are just the kind of people to be like, I'm done, you have it, you take it, yea, we love to see it. Next, I've got a money win from Tory, who said, pro I picked up an extra Sunday shift at work. Con I have to work said Sunday shift, and I have mad regrets, but I see you with the pro a Sunday shift that double pay or pay, I still.
Get pay in a half.
Maybe in hospital, certain industries maybe I'm not sure.
But it was the entire reason I would happily work very hungover when I was much younger, because I'd have my Sunday eleven till five shift Steve Madden the shoe store on Chapel Street, and I just remember feeling so violently ill the entire time because I was a very very well balanced adult and definitely year how to manage my time. But every second that I was like I wish I wasn't here, I would then remember.
Double pay pay baby. That doesn't sound like an open all closed shift as well, which.
Is no, no, no, it was. It was both. It was like limited training hours. Otherwise it was usually like ten till six, So ten till six on a Saturday, and then I do eleven till five on a Sunday, and I'd always make more money on the Sunday doing less time.
He love that.
Love that.
Next, I've got a money in from Rachel who said, I paid off and canceled the dreaded evil after pay today.
Get it?
How liberating though, just knowing that you not only don't have that debt anymore, but you're just like, I don't need you one hundred it.
Then I've got a money in here from Nicole, who said money in. My son got his license on Wednesday. WI who to petrol and insurance savings because he's going to pay for it himself now that he's eighteen.
Great, he's not going to see what's coming though he doesn't know how expensive that is.
For the shock of your whole life.
Fine free and we're like, from what exactly financial way heavier than being able to drive exactly.
And then lastly, I've got money in this week from Rachel, who said money win. We celebrated my son's third birthday and normally I would order a cake that would cost between one hundred and twenty one hundred and fifty dollars. I decided to make it and it cost me thirty five dollars instead, including the decorations. And you know we have a photo. Oh that's cue and that money like that it looks really good. Go have a look at the thread for Rachel's cake because it looks fantastic.
How do people just do that? That's incredible, delicious? I love that amazing.
I reckon, you'd be good at that. Beck, I feel like you're good at everything. You're always good. Ah, You're like, oh, I made Fortune cookies, and I'm like, of course you did. I didn't.
Like.
Jess and I just looked at each other and we're like, how.
Though, Yeah, it takes a lot of patience.
Yeah, but like you're resourceful. You could make a cake like that for sure? Is that it's Jess Green.
That's I'm excited to hear more about the fortune cookies.
True.
So I brought that up too early? Did I spoil the broke tips?
Don't be sorry at all? Actually I'm glad that you did.
Let's say that to the end of the broake tips though, good idea, give us two and then we want to hear about your fortune cookies. Perfect.
So, as always, there are two from the community and one from myself. So the first broke Tip comes from Kim, who says, and it's actually good on few v because I know that you say that sometimes literally go home because an avocado is going off. That's me Kim says, you can't. That's so fair, but if you try this, maybe you could spend the night at the pub or something. I can't imagine you're doing that, but.
I'm literally like so pregnant at the moment. It's not funny, like her, guys hard to watch me not just get on the chair, but heave myself onto this chair to record this episode.
Scary. Actually, I was like, maybe we have to deliver today. I don't know.
I really hope not, I swear. Jess is literally like every second like are you going to labor? And I'm like no, and then she's like, what about Taylor Swift? Are you gonna go into labor? And I'm like kind of hope. So so, just in my head, I have this idea that it would be hilarious to turn up at the birthing sweets at the hospital that I'm giving birth at in my Taylor Swift get up. I'll be in like a dazzled white cowboy boots like her, fancy
like dress. I'll have my cowboy hat. There's probably gonna be a lot of glitter on my face, and I'll be like are you ready? Sorry?
Yeah, that would be very very good let's go girls.
I'm ready.
I'm kind of ready for you to go into labor before the end of this episode, but we'll see. Sorry, So Kim says, sick of avocados going yuck once you cut them and only use half, Yes, Kim, we are put them in a bottle of water. It stops the air getting in and keeps them from going brown. So cut them in half.
Smart.
I never thought of that. Yeah, trying to like glad wrap them shut and make sure it's like completely sealed.
Telling me you could just put it in water, could just put it in water exactly. So yeah, there you go, just truck them in some water.
I feel like that's like so smart, Yet I am not smart, So I never worked that out.
Ideal breake tip so easy to execute but so good and like.
I don't want to get canceled literally on my own podcast. But I throw away so many half avocados because they go a little bit dang, And I I know, I know, I'm sorry.
Okay, I'm sorry.
What's your next broke tip before you get in trouble?
It's compost, so isn't it at the end of the day. Okay, So this next one comes from Hannah, this one's a little bit dangerous, actually, but.
I'm gonna be trying this stranger danger.
Dangerous because I just I don't know if I'll ever be able to stop myself from doing this. So Hanna says she discovered this hacket UNI after a drunk hend out. If you go into Dominoes after nine PM or close to the closing time and ask if they have any leftovers, usually like garlic bread or orders people didn't pick up, they will usually give it to you for free. So she's done this about five times and it's worked every time. I'm like, what, who would have thought?
I didn't think she did. What a genius.
That is really clever and that like, you know, why wouldn't you you know what I mean? Like if I was working in Dominoes, I was going to chuck some garlic bread out and someone.
If I was working in Dominoes, I'd be trying to I'd be taking take that home.
Oh yeah, you could do that. Actually I didn't think of it.
Maybe they're over eating garlic bread every night, you'd be sick of it. Yeah, they're sharing. I like that. Dominoes is probably not going to be that happy with us. Sharing that, but you get what you get and you don't get upset. But fortune cookies, oh yes, okay money we well, did you like open a fortune cookie and it said you'd be real rich one day and then you won the lotto?
Oh look you know how I have the lottery numbers at the back. Yeah yeah, yeah, No I didn't win, but it was fun. It was fun, and I wasted a lot of money. But I think that I will win one day just based off those fortune cookie numbers. We'll say. I'll keep you guys posted. Okay, so no, my fortune cookie broke tip is it's actually really cheap and kind of cute, if I do say so myself. Gift ideas one was a Valentine's Day but you can use it for whatever, whoever, whenever, and for any occasion.
So basically all of the ingredients that you need are actually all pantry staples. So flour sugar, I can, and I can give you the actual recipe that I want.
Special recipes, fortune cookies, very authentic, I feel cute.
So it was really just flour, sugar, egg, and a bit of vanilla extract and water as well, sorry, water as well, and then you get literally any kind of paper, any kind of pen whatever you can find around the house. Just some sort of panel pencil and some sort of writing whatever you can find back of a receipt, I don't mind. So it is actually really easy and so quick. It took me like ten minutes. All the ingredients altogether cost me about fifteen dollars, and that was like literally
starting from nothing. But I assume a lot of people already sugar all that kind of stuff in their pantry, so hopefully cost less than that. But for me, buying everything from scratch was like fifteen bucks. So and honestly, I think it's like the cutest gift.
I think it's really wholesome and romantic, the.
Way you can write whatever you want, like you had a little poem or a little saying or a little surprised.
I love that she said she puts receipts. She's like, on the back of a receipt. All right, So I'm going to make fortune cookies for you guys of the receipts of what I'm spending on you guys, and then I'm going to give you the fortune cookie and.
Yeah, use recycle totally. Yeah, it will be flower sugar, egg on.
The just so you know, this cost me fifteen dollars and that's really wholeso, way more romantic than both of our partners combined.
Oh well, that's what you made, that's what you what you get, we get it.
I'm sorry, I'm sorry. I love that.
Thank you so much. Cookie cookies. I do recommend. It's very cute. It's actually not too hard. But you can find this all on YouTube and also I'll give you guys the actual recipe.
We can put it on stories. We'll put it on stories. I think that's really wholesome.
That's my brick tip.
Love it, but you have to wait an entire year to use it next Valentine's Day. So all right, let's go to a really quick break on the flip side. We're going to be talking about pet insurance, whether it's worth it, whether it's not. And we're also unpacking something you slid into our DMS, about which this week you ask if you should be moving in with your in laws to save some cash. So guys, don't go anywhere.
Welcome back, everybody. Let's take a listen to this week's money dilemma.
Hi, there, have you got a money dilemma?
You just can't solve the ese on The Money Team is here to help. Every week, we tackle your dilemmas, both big and small, to answer your most burning money, career and life questions. To get involved, simply head to our website and leave us a short voice recording and you might just find yourself on the show. Now, let's take a listen to this week's money dilemma.
Hi, Team, I need some help with pet insurance. I have a one year old sausage dog, and on top of desexing and the standard things you paid for like worming and stuff, he's had two instances we've had to take him to the vet urgently. The first time was cost four hundred dollars, the second time seven hundred dollars. Luckily we've had an emergency fund to cover this, so that was fine. But it's made me think, to any
pensurance I'm all about. I know Victoria always says get insurance like that's really important, and I'm on board with every other insurance. But for some reason, I'm not convinced by pensurance. I think because it often says they don't cover everything. Please help.
I think this is a really good question, and she's said that she has a little dashound. I'm obsessed with sausage dogs, like I literally follow on Instagram and TikTok you got a dashound? Great, I probably follow you. I just want to see their little noodly bodies doing noodlely things like oh, I actually lose my mind when I see them at the park. Like anyway, thankfully, I've got a dog as well, so it just looks like my dog's interested in talking to your dog. It's not like
I've primed her. I'm like, you see a dashound, you need to go down there and make friends with it so I can less awkward, right, thank you. But pet insurance, so it's one of those things where you could take it or you could leave it. It's completely up to you personally. We have it, but we have it for Lucy but not for my cat. So Lucy is my dog, and the reason is because she's always out and about, like I feel like her risk level is much higher.
Cats are arguably a bit more resistant. Mine a mixed breed, so they're not you know, these pure bred cats who are you know, predisposed to more genetic conditions same as Lucy though she's a mix. So at the end of the day, she's less predisposed. But dashound is very predisposed to stuff like hip display show. Right, I'm not a vet, just know it exists because I've got a couple of
friends who have them. In Australia, a dashound can cost up to six five hundred dollars in Australia to actually just purchase as the pet to begin with, which is a very substantial I would say, initial investment in getting a pet like wild. Anyway, we're also not having a conversation about adopt, don't shop all of that right now. This is actually just about pet insurance, not about how you acquire it. I'm just giving you some financial information
and then pet insurance every month. Because different breeds carry different levels of risk. So I've looked this up for you. Pet insurance can cost anywhere between fifty seven dollars and twenty three cents a month all the way up to two hundred and thirteen dollars and six cents a month. Wow,
So that's a big difference. But the problem here, I think is, yes, some things are going to be excluded, and they're going to be excluded because thatarticular breed is going to be more predisposed to having a particular issue, right like, and if the insurance company knows dashounds have really bad you know, history of hip displacier, they're going to go, well, i'll cover everything for you, but do we really need to cover the thing that's most likely
to happen. And while that's not a good or a bad thing, it means you need to deep dive into your insurance. And I wouldn't just pick a policy online, so I would have a look online. We currently have our insurance through bow Wow Meo. I don't know if anyone cares, but that worked the best for us. Also, cute name. That's a very cute name, very cute name. But I would do some research. And what I did
when I was getting it everything online looked great. But I called them as well and just you know, tick some boxes and said, what are the things that I'm definitely not going to get like with this type of dog, Like, what have you seen as being you know, the biggest issues? What do I need to foresee? So I think that's really important as well. But you've also disclosed to me that there have been some issues in your dog's life
that you've already had to pay for. So you might have to disclose those when applying for pet insurance and they might go, well, because your dog already has a broken X, we're not going to cover that X. It's the same as human insurance.
Right.
A couple of weeks ago, we're talking about you, Jessica, and how you have a not so great knee, and we know that when jess did her personal insurances, the insurer was like, great, Jess, I'd love to cover you for literally everything except your right knee. And jess was like, okay, fair, my right knee's pretty cooked and something's probably gonna happen to it and I know that risk there, so does
that make sense? So it's really up to you. I mean, if you're going to ensure a pet, I would be talking to the insurer about like, all right, well, puppy might be cheap, but like, how long can I ensure them? Some companies will only ensure a pet up until eight years old, some ten, some longer. You just need to know the semantics. Also, what are the increased insurance costs every year? Is that fifty seven because you've got a
one year old? And then the two hundred because you've got an eight year old, in which case, had you've done a bit of a cost benefit analysis and worked out what that actually is going to look like over the lifetime of the pet. Because I have a lot of friends and we have a lot of community members who are like, do you know what, I'd prefer to put X amount into a savings account each and every single month and just forget about it and have a pet emergency fund and if it doesn't get used, money
when I have more money on the side. So it's up to you guys. Do you guys have any pet advice?
Not really. I think like, given you know that dashounds have those pre existing conditions, I think it's definitely worth looking into it because I think that from what I've heard, some of the surgeries that they might need can be in the thousands and thousands of dollars, And you don't want to find yourself if you can avoid it in a position where you're trying to decide, you know, is it quote unquote worth it to spend that money to save the pet or to improve their quality of life?
Because I think that that's a really devastating choice.
To have to make.
So I think it's definitely well worth looking into, but it really depends on what kind of policy you can get and whether it will work out to be worth.
It or yeah, I think it's genuinely worth you doing the research. I feel like sometimes we get questions from people being like, is it really worth it the and the reality is you need to do your own research to work out if it's worth it for you, Because for me, I look at it and go I don't think it's worth it for my cats personally, but I did think it was worth it for my dog, And at some point I might be like, this is getting
astronomical in terms of costs. I'm just going to put some cash away and you know, cancel Lucy's insurance and we'll deal with it in cash when that happens. So I think it's really about working out your own financial situation and the risk because Jess, for you as well, you have to indoor cats the same as I do. I feel like if a really big unexpected cost came up, I know that you're one in the financial position you
have an emergency fund, you could pay for it. I think you'd prefer that than to be losing one hundred and fifty bucks a month on insurance. Yeah, So like I'm not saying that there's a right or wrong. It's all about like what you're comfortable with, because that might, you know, give you crippling anxiety at night because they're not insured. So it's it's completely up to you.
I guess like I don't really I don't have pets at all. But my best friend just bought a little doggie which was really cute.
Oh really, Oh my god, No, I did know that. I saw it on Instagram. Yes, so cut.
She's very sweet, she's very very cute. But I guess, like I just have a story that's kind of maybe like fear mongering, but also I'm with u V that it does depend on your own personal situation. But a couple of friends of mine, one of them got a dog and one the other friend got the exact same breed. Maybe like a couple of weeks later. For the sake of this story, let's say Jen and Harry. So Jen
was telling yeah, Jen and Harry. Jen was telling Harry to get pet insurance because her dog same breed broke her leg just like a couple of days prior. Harry said, I don't really need it. I don't think I'm gonna be getting it. That same day, Harry's dog broke her leg and Harry didn't have pet.
Be out here fear mongering, don't you?
I really do be but I gets chances it was actually it's actually.
A great leg is not doctor, shouldn't just break legs?
If my parents' dog broke her leg, like I feel like doing what she was jumping up onto the deck and ncapped herself. Oh yeah, sorry, sorry.
Sorry that sounds so painful.
Yeah, and then she kind of gaslit everybody and was hobbling around being like I'm fine, I'm fine.
We took her to the.
Not fine, I'm fine, fine baby. So I guess like all that to say, run the numbers and don't listen to this female green story. But because it might not happen to you ever, I'm glad it's on our podcast now. But New Fear Unlocked.
Oh, you're welcome, You're welcome. This is what she's on the money exists for. She's on the money also kind of exists for drama as well, like just god, yeah, like we don't want to be the drama. We just want to watch your drama, which is why we do our money dilemma and in this week's money dilemma, are you ready for it? Yeah? All right, let's go. So we got a DM this week and it sounded a lot like this. Hi, ladies, I'm planning on moving in to my boyfriend's parents' house to save some money to
purchase our own property. It's so kind of his parents to offer, and he thinks it's a great idea to save some cash. Whilst I understand the financial benefits of it, I'm not sure I want to share my space with my partner's parents and worry it'll put a strain on all of our relationships. I'm not overly close with them,
and I would feel uncomfortable in their space. I'm also a beautician who takes appointments from home, and his parents have said they don't feel comfortable with this, so I'll have to find a spot to rent to continue my work. Do I just suck it up and move in with them? Should I be prioritizing my future and financial goals, even if it means I have to live in a not ideal situation for a while. Please send some help. And then she did the little melting emoji fas good emoji for that.
Yeah, yeah, perfect, that's what I'm feeling.
What'd you do back?
This is a really tough one, but I think that, like,
you know, but this is me. Like I'm historically and consistantly not great with money, and so I would absolutely prioritize my own happiness over hitting your financial goal sooner than anticipated, although I guess it really does depend on your priorities and like if that's something that really keeps you up atn ID or that, if that's something that you're really really wanting to work toward, or that's you know, if that's the top of your priority and you are
willing to sacrifice your comfort and maybe like kind of happiness for a little while, then maybe in her words, suck it up, not in my words, but yeah, I would always prioritize my own comfort and happiness, even if that means that my goals are further away from me, you know what I mean. But hey, that's just me, and I don't know if i'd listened to me, because I am always a little bit broke, So you'll ten.
I actually I agree with you. We've answered a question very similar to this kind of recently, and I think my answer then was different because this person has the element of their home business, which our original question didn't. I think if it was just a matter of saving money, I kind of would go, yeah, suck it up for
a little bit, make it work. But I think given that you're going to have to rent a space, moving in with his parents may not actually put you ahead financially all that significantly depending on how much it costs to lease a space versus how much you're currently paying in rent. So I think there, I go, well, if you're saving is not as significant, and do you think
you're going to be really unhappy? I personally probably would consider keeping your current arrangement, maybe looking to downsize the house that you're renting in if that's an option, or move to a different area that's a bit more affordable to kind of meet that break even point, because yeah,
I think your happiness is very important. And given that you are still going to have to spend money on rent, which I assume would still be a pretty significant amount of money even if you're just renting like a chair in and an existing saloon or something, I don't know how much further ahead would put you. And then if you're worried about the friction on top of that, you know, I think happiness is something that is also important.
I agree, I agree. I'm going to go full finance nerd on you. Have you done the maths? Have you worked it out? What's the financial benefit? Genuinely? What is
the financial benefit? So if you've sat down and done your budget for this year and you know that rent is going to cost X and you know bill is going to cost why what is going to actually be saved if you move into this new situation which you're uncomfortable about it, But let's put that aside for a hot second and actually just focus on the mathematics of it, because that's what you're kind of weighing up anyway. What would it look like to move into you know, your
mother in law's house. Like, for me, I'd be like, yeah, slay, she's basically the female version of Steve and I love Steve Flack. I'd move in a heartbeat. What a win. But not everybody is like that, So work out the financial benefit. How much would it cost to actually, you know, you said you're a beautaition, how much would it cost to rent a chair?
Like?
I know that that's not putting you in the quote best possible position. But I'm going to make a grand assumption that renting a chair in a salon is much cheaper than renting a whole house. So you know, are you doing that five days a week? Maybe you're doing it two or three, Like, I don't know what that looks like. Do your maths, and then from there go, well, what if we didn't change a thing. What is our trajectory to purchasing a home? Is it like five years away?
What time actually gets cut when I move in? Okay, you might go, Jess, it means that you could save a whole house deposit in one year. Oh okay, that takes four years off the timeline. Now we're going to go back to our values. How much do you care about buying a house? Because Beck, if I ask you, you'd be like, I don't care. I want to be really comfy. Jess house obsessed, wants to buy a house this year. We'll probably buy a house this year, and
that's really exciting. But she's not willing to compromise her goal. So like, we need to then sit down with our partner and go, well, what do we actually want to do when it comes to saving for a house, because do you know what's much easier moving in with your family if you have a really clear end point. I know that if we move in in March, by December, we're actually going to be in position X, and by
March next year we'll be able to buy. Maybe that will change you going you know what, I'm happy to rent a chair for twelve months because I'm going to be in the exact position that we have been manifesting, like we want this so bad. On the flip side, I'd be like, well, Jess, if you move in March next March, you can buy a house. And you go, oh my god, I can't believe that I would live with my in laws for twelve months. I just can't. We need to change that because to me, same as
you Beck, life's about the journey. It's not about the destination. And if it takes you a little bit longer, where's the shame in something taking longer? Like you're putting these prerequisites onto yourself. Nobody else is saying, yes, you have to buy this year. The only person saying that is Jess, And I respect that because I know she's really clear on her values and her goals and what she wants
to achieve, so I completely support it. But if she said, oh, I'm just going to take it slow for a couple of years, it's not that important. It's definitely a big thing I want to achieve, but like you know, it doesn't have to happen really quickly. I'd be like, all right, well, these things make sense to different people, and the outcome is going to be very different for Jess as it is for Beck, and it will be for whoever's written in.
So I think you really need to actually sit down, do the maths, do the numbers, and then stand back and be like, well, that's the position it would be putting me in. Am I willing to make the compromise of being a little bit uncomfortable because sometimes you might go, yeah, that's pretty sick, Like I'm so far ahead. I'm willing to do that. You might actually build into that a little bit of fun money so that you go to
your partner, look, I'll move in. I feel a bit uncomfortable about it because I don't want to always be in their space, but I am going to, you know, keep my gym membership because I want to get out of the house a bit more. Also, can we have like a monthly date night, so that you know we're getting out of the house, we're having a meal on our own. I don't feel like we're always under their toes, Like what's going to make you feel comfortable about that situation?
And if you brainstorm that together and then realize it's just exist in that space, maybe reevaluate And we just changed the timeframes. Goal setting is beautiful because you don't have to have everything set in stone.
What did everybody else say?
So we asked you guys a few questions. First, we said, have you ever moved back in with your parents? Fifty five percent of you said yes, it's a lot of people. That's a lot of people. Have you, guys, ever moved back in with your parents? No? No, neither. All right, well that was good. Out said if you said if you said yes, did it help you get ahead financially?
Seventy four percent of you said yes, saved so much money and twenty six percent said not really, as I was also paying them rent and bills.
I'm surprised that it's only seventy percent, Like I would have thought that the majority of people would move home to save money.
Same. We then asked you guys. If yes, how did living with your parents go? Fifty two percent of you said it was fine. I actually enjoyed it. Forty eight percent of you said terrible. Never again. We then said have you been in a similar situation?
Tell us.
A lot of people said, I actually still live with my parents. I'm in my thirties. The key is open communication and being treated like an adult. I feel like that's a really important part. I hear too many stories where people move back in with their parents and their parents default to treating them like the child that they were when they were twelve. Next is, you may be saving money, but you pay with your mental health.
Fair fair, point, sure fair.
Someone said I'd either suck it up or suggest that we move in with my parents. Obviously a good suggestion if it's available to you, but maybe they're not in the circumstance where they can take you on. Someone said I would just want to know if the savings actually outweighs the cost of a beauty space, which is exactly what I said. Yes, someone said, you need to really see it as an opportunity rather than a burden. What a good time to get to know them and establish a great relationship.
That's cute that you could be really bonding.
That reframe is really nice. I know you don't know them well, but maybe it's an opportunity to get to know them well.
Yeah, that's so true.
Someone said, set yourselves a time frame for how long you're actually going to live there, and try to stick to it, and then make sure that you're reassessing every six months. Someone said, one thing is your parents, another thing is your in laws.
Yeah's your relationship. I guess some people love their in laws and some people can't stand them.
Yeah, exactly so, and that's fine and that's fair to take into consideration. Someone said, we did it. We knew our timeline was really firm, we wanted to spend three months with them, and clarified our financial expectations beforehand. It worked perfectly. How good's that? Someone said I'd use the beautician workspace rental issue as leverage to not have to do this. Someone said, my own parents versus in laws
can be totally different when it comes to dynamic. Same for moving as a couple versus if you were moving home as a singleton, Which is so true, right, Like, I feel like it'd be so easy to move back in with my parents. If it was just me managing a relationship and my parents and trying to keep everybody happy, I don't know if that would be the same. Yeah, so lots of people have said lots of different things.
Some people have said, yes, it's the best thing ever, But then I have a comment in front of me that says, don't do it for the sake of your relationship and your sanity. So I honestly think this is so much more about what's going to work for you, Like what does your journey look like? What are you willing to compromise, Because a lot of us are willing to compromise a little bit, A lot of us are willing to compromise a lot. But it's not the same
for everybody, agreed. But I think that's all we've got, my friends. I think we're wrapping for the week. I feel like you and I Jess need to go talk more about Taylor Swift, try to find out costumes, talk about bracelets, like we've just got a heap to do. Beck, I mean, you can go back to work, but Jess and I are working from home.
Of course, I might respectfully bow out of that Conversationy.
Sorry, sorry, you're too cool. Sorry we will tell you all about it next week.
Oh my goodness, I can't wait.
See and swifties bye by.
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