December 1, 2024 • 39 mins
The world of spending tracking apps is vast - but it's questionable as to whether they're even necessary.
Personal finance coach Amanda Morrall joins to discuss creating sustainable change to your spending habits.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
You're listening to the Weekend Collective podcast from News Talks.
Speaker 2 (00:09):
It'd be.
Speaker 3 (00:11):
I'll never even good missus so to death will be
freezing vocal season so good, it's dear listen.
Speaker 2 (00:29):
They'll have sometimes.
Speaker 3 (00:30):
Guess it's just the North arning he'll have way this
don't go to your nice Christmas baby.
Speaker 2 (00:37):
My soul man, and welcome back to the Weekend Collective.
Apparently this is a Christmas song as well, my producer
Tyra is telling me, but I'm not see you know
how you can tell a Christmas song usually in the
background the band of put some sleigh bells in. In fact,
you can turn any song into a Christmas song just
by having sleigh bells going ching ching, ching ching in
(00:59):
the background. Um anyway, but thanks thanks my producer Tire
for providing the musical choices this afternoon. Right now, there's
time for smart money. By the way, if you've missed
any of the previous hours, and we had a very
busy politics hour with an interview with Ashley Bloomfield and
also Chris Hopkins and Thomas Coglan from The Herald just
(01:20):
about the COVID report and subsequently the news the labor
parties AGM. You can go and check that out online,
go to iHeartRadio or the news storks he'd be website
and also Alex Flint there just with getting into exercise
and personal trainers and terrible exercise equipment. So that was
that was that, But this is now and it's smart money.
(01:40):
My guest is she's a personal finance coach, author, writer,
she's a friend of the show. Really, Amanda Morale, how
are you going? Amanda? How are you?
Speaker 4 (01:49):
I was going to say Top of the Morning, but
it's not morning.
Speaker 2 (01:52):
We are you going to say Top of the Money?
Speaker 4 (01:53):
You sense of your very Christmas? I'm just looking at
this festive studio here. It definitely is feeling a little
bit like Christmas. You just need a tree and that'll cap.
Speaker 2 (02:02):
And a little bit of tinsel, isn't it, which we've
got now for those if you haven't seen our studio,
we have a bunch of TV screens which all have
different images from our New Zealand and to Christmas fire,
Christmas a fire they have. They basically just added a
string of tinsel to it and it's quite effective.
Speaker 4 (02:20):
Tinsel, isn't it like an environmental hazard? Now?
Speaker 2 (02:24):
Probably? Well, this is digital tinsel anyway safe on that
front as well. They also shove Christmas hats on our
profile photos all of a sudden about December. The first
you turn around and you see a photo yourself and
you think, I don't remember posing in a Santa hat.
There we go. Hey, now we've got to talk about
with Christmas approaching. And it ties into this a little bit.
(02:48):
Spending tracking apps And I actually had connected with a
tracking app at some stage and then I just suddenly
didn't anymore, and I've forgotten even what its name was.
But they're not a bad way. But the thing is,
you've got to keep updating your often. And I don't know,
are they some good spinning apps?
Speaker 4 (03:07):
I think they're only as good as you engage to
use them, right, And I heard some shocking statistic about
the number of apps that actually get used on people's phones,
And so you can probably think of the ones that
are on your phone and think of the top four
that you use routinely. Yeah, I think of it myself.
My banking app is right at the top of the list.
So the one that is most practical for me on
(03:31):
this occasion is when it is tied to my bank,
which gives me automatic feeds. So I like my spending
app through it's.
Speaker 2 (03:38):
Called cash nev oh, I've got that.
Speaker 4 (03:41):
Yeah. So sometimes I think maybe why you suggesting it's
disappeared is that there's an option when you're logging in
to keep it. You don't have to like manually log on,
so it'll be giving you notifications and staying live continuously,
but you can kind of put a dormant and then
you forget about it. So I would recommend if there's
(04:01):
nothing too sensitive and people you know you don't have.
Speaker 2 (04:04):
I've just other two hundred apps on my phone too.
Speaker 4 (04:07):
Ever, since you mentioned it, I know, get rid of
some of those apps because but yes, so, I mean
there are many, many separate apps outside of the banking apps,
but that's a good place to start if you're over apped,
I would say is look at the ones that are
associated with your bank, so you're more likely to engage
with them.
Speaker 2 (04:25):
And because the reason that that spending apps are, you
could even though I'm a hypocrite for saying this, but
they sort of should be essential because a lot of
the times on smart Mate, when we've talked about the
way we spend money in the old days. Of course,
the old days. Goodness may have done know what that was.
But you know, back in the days of cash twenty
years ago, and we still use cash from time to time,
(04:46):
I guess, but you were often handing cash over all
the time, or you were writing out a check which
you were reconciling as you write it out, and I
write a check out for ninety dollars. Today, you were
much more aware emotionally. I think I would agree with
that the mental trend was more substantial as opposed to bloop.
Speaker 4 (05:08):
Tap tap tap. Yeah, and absolutely, because you'd be more conscious.
So tonight, I'm going out to get out one hundred dollars.
One hundred dollars is gone, time to go home, right,
Whereas when you've got access, well I.
Speaker 1 (05:22):
Just made an easy round number there.
Speaker 4 (05:24):
But you know, I I and here's a good example,
because I've got a soon to be twenty one year old,
you know, on a weekend there you know boom like
paycheck and paycheck out, and you know, I lecture this
kid incessantly, which is maybe the problem because he doesn't listen.
But that's the danger is that you can just you
basically go to you're denied, and then you go home.
(05:47):
But so there's no sort of built in you know,
you know, rail guards against overspending. It's just if you
if you don't have that conscious control and you're not mindful.
And some people are like that just comes down to
their habits with money and they just you know, go go, go,
go go.
Speaker 2 (06:03):
I'll just realize something that if I go to the
shops and I know I have to get certain items,
there's probably times I don't even look at what the
title is, and I might I might go paying us
O I forgot to look what the title was? How
much was that? And it's not because because I don't
consider themsself wealthy by any stretch. But if my wife
(06:24):
has said, can you go to get X, Y and
Z down at the shops, and I go and get it,
sometimes I don't even notice. So that's how transit treats become.
Speaker 4 (06:31):
For mat it's an absolute danger, and I agree with
your earlier point. It should be kind of an essential
built in to all these days. But you know, in
many cases it's not in bank's best interest for you
to be aware of your spending, just because of course,
you know, they wouldn't want you to be fast tracking
your mortgage repayment or you know, not spending you know,
to the maximum of your credit card. It's very much
(06:53):
a built into their interest to sort of you know,
put a veil over that business.
Speaker 2 (06:58):
That's why they probably don't have the automatic notification. Hey,
by the way, if you pay your bill off, your
credit card bill off in the next few days, there's
no interest because of course, if you pay your credit
card off every month, you avoid the interest, which is
a major that's in fact, I diary it. I have
these alarms that go off, bing bing and the other thing.
Actually funny enough, now that you mentioned kash Nev, I
(07:20):
remember why I stopped using it was because my wife
and I we don't we share the same account. We
have a card each, but when one of you is
used the Kashnev account, it logs the other one off
and I got just got sick of logging on and
off all the time. Yeah, and so, yeah, and that
was something I thought they could have rectified.
Speaker 4 (07:39):
They have done.
Speaker 2 (07:41):
Maybe they have. They used it.
Speaker 4 (07:43):
Upgrades recently, so it might have changed. But yeah, they
should be far more onto it than they are. So
outside of the banking ecosphere they do. There are some
good apps for individuals. But again, they're only as good
as they are that you engage with them. So I
personally don't see the point in getting those unless you're
going to be paying closer attention and then logging in
(08:06):
and getting notifications and reform behavior apps. It depends. Some
are free, some are not. Those paid versions. It's kind
of like Spotify free, Spotify premium. Pocket Wise is another
really good one, But the free version it's a bit.
It's a bit uh requires some manual labor because you
have to upmanually upload your statements, which can be a bit.
(08:30):
You know, if you're not like good with spreadsheets and
CSV files and this and that, you can get a
little bit it just turned off of that, you know
immediately if that's going to work for you or not.
If they've got automatic feeds, then that's and that's the
paid version where you're not having to do uploads. There
just there for you. But even even so, say you're
paying fifteen dollars a month for this, but you're still
(08:51):
not checking and engaging, then you know, what's the point
You're going to have to consider there's maybe a different
pathway for me to try to get, you know, a
handle of my finances.
Speaker 2 (09:02):
I was always I think I'm still kind of I
go along with it because through my account we use
there's a hook up with Zero that have obviously in
Zero have access to my bank accounts, not to do anything,
but just to see what's in there. And I did
take me a while to mentally get my head around
a separate piece of accounting software having the ability to
(09:25):
see what money I had in my accounts. And so
obviously that's a company everyone knows, and there there will
be other software that does that. But the issue of
trust as well as and safety. The trust is probably
the secondary issue the safe the reality of how safe
it is to enable those spinnings to have access, because
(09:46):
I would imagine there are some shark infested waters out
there as well.
Speaker 4 (09:49):
One hundred percent so because we haven't quite got to
where they are in other countries with open banking, where
you can hook up of your different banking devices for example,
you know, centralize your insurances, your retirement savings, investments, Kibi,
siber and have it all in when centralized place. We're
not there yet in New Zealand. We're kind of lagging
(10:10):
behind where a lot of other countries are. But there
are some areas. There's a tech startup called Acohu that
is doing some pretty nifty integrations. But in a lot
of instances you have to give permissions and they will
assure you. It's easier to break into Fort Knox than
to you know, for their systems to get scammed. But
I agree with you, you have to be, you know, mentally
(10:32):
assured that that everything's going to be okay. There was
another tracking app that was supposed to track your ear
and your environmental footprint. Uh and and that was another
one where you had to you know, kind of overcome
that issue. Well what about this happening and stuff?
Speaker 2 (10:47):
So oh I couldn't see that. Imagine being lectured every time, yes,
something something, Well, you contributed to the youthstomized by another
zero points, zeros are one, whatever the unit would be.
Speaker 4 (11:00):
I know, but some people like to measure those strength
recently and you know maybe all people like us not
so much.
Speaker 2 (11:07):
Say old you are spring Chicken, Amanda Morale, what's going on?
Speaker 1 (11:11):
Okay, I'll revise down.
Speaker 2 (11:13):
Look, we want to hear from you. O eight one
hundred eighty ten eighty Do you use a tracking app?
And if not, how are you? How do you keep
track of and I don't mean just keeping track in
a budgetary sense, but how do you keep track of
what you're spending day to day in a sense that
really helps you understand how much money you are spending.
(11:34):
And if you've got a particular app that you love,
that you that you trust and you want to share
it with us, or we've got some questions about it,
Not that we're technical experts, but Amanda might know a
few things about a few apps. Give us a call.
Because it's Christmas time and you know what's so easy
to just go zips aapp. It's not even zips app.
That's the manual thing, isn't it. That's the bit of paper.
Speaker 4 (11:55):
I think there's a long since gone the an African
nations somewhere, but even there I think they're more high tech.
Speaker 2 (12:02):
Well the old days of visa when they would stick
the thing and.
Speaker 4 (12:05):
Shouldn't sho they're quite neat. They might have those somewhere.
Speaker 2 (12:08):
Still wonder how many years since I did that? Think
you have to be ten or fifteen? Easy, wouldn't it.
Speaker 4 (12:14):
Yeah, Listen, I think when it comes to Christmas spending,
just instead of your zip zap and tap tap, you know,
just get take take take the cash out, you know,
to go go old school, take the cash out that
you want to spend on Christmas gifts, and that's it.
When the money's gone, the money's gone, because I'll move
it into one of your accounts if you had a
separate account, and just use all your Christmas shopping on
(12:35):
that account, and when it's gone, it's gone, and it'll
force you to stick within your budget unless you go start,
you know, playing that shell game and moving things out
of over your secret Seemings account.
Speaker 2 (12:45):
Then you know, I've got a text to you saying
that's actually really common for people in their twenties, that
plenty of people do it, and heaps of influencers recommend
it in terms of the I think in terms of
the spending app that texture is referring to that they're
actually quite common for younger people.
Speaker 4 (13:03):
Is that your Yeah, so my one of my other kids.
They students who particularly those who are flatting, have there's
a good app called split wise and and so they
you know that that helps them to manage division of
all the household finances and stuff. That's very popular. Pocket
(13:24):
Smith is another one. There's a few key we saver
providers who've created budgeting apps as a sort of an
attractive tool to join their schemes. So yeah, absolutely there's
lots of Metagain, even with the twenty year olds, there's
going to be you know, some who actually are paying
attention to it, and you know, those who are very
golden and probably saving for a home deposit, et cetera.
Others not so much because they have a different attitude.
(13:46):
And I think it's more it's less about the apps,
it's more about your your attitude and your habits. So
that's the meat of.
Speaker 2 (13:53):
The I must read that text actually, because that was
the second text they'd sent. This is what they'd sent
for and so they were talking about what's common. It
says I have about eighteen different accounts under my one
band account. The morning after payday, I have automatic payments
into every account. This is hyper organized, so there's a
groceries account, gas pets, et cetera. So every time I
(14:15):
go to spend money, I have to manually take it
out of the right account. Obviously can still have a spend,
but it gives a moment of pause for me to
reconsider before mindlessly swiping. I have eighteen different accounts, How
on earth would you transact?
Speaker 4 (14:29):
Well, well, that's a lot of accounts. I would hope
that that person is not spending too much on fees
because they're you know, the fees aren't too bad on
some accounts, but if you're overfeed, then you know, as there,
you know, you have to consider it as a you know, cost.
Speaker 2 (14:45):
I don't know how you do that, and I'm trying
to work that out actually, and I have eighteen different accounts.
Apparently it's under be and Z you can have up
to fifty different free accounts. But when you go spending
is this with it?
Speaker 4 (14:58):
It seems a bit complicated, But you know, if it
works for that person's who's to say, who's to knock it?
So that's what that's my point is that everybody is
a bit different and there's strategies, so you know, come
up with a plan that you know that you can
that it works for you, and you're accountable to that plan.
Don't adopt somebody else's plan, like the eighteen account plan. Mats.
Speaker 2 (15:19):
This must be for online transactions, because you couldn't have
a bank card where you stick it in the machine
and go which account do you want? Watch my a team.
Speaker 4 (15:25):
Well, I think there's with my bank anyhow, receivings you're checking,
you know, maybe your credit card and you know bonus.
Speaker 1 (15:33):
I don't know.
Speaker 4 (15:34):
Eighteen seems quite excessive. I've got about four and four
is excessive, So.
Speaker 2 (15:39):
Does seem quite a lot? Wait, text update us on
that on that strategy, please, because it sounds complex. But
also we want to hear from you. Do you have
a way of tracking your spending that actually helps you
realize how much you've blown on Christmas presents this year?
I'm sure it's a shame I can't get one from
my daughters because they keep on saying to me, oh, Daddy,
(16:00):
we're doing a secret center for my netball team. We're
doing a secret center for my hockey team, doing a
secret sound for my and it's like we're up to
the budgets are just going nuts?
Speaker 4 (16:11):
Well they aren't.
Speaker 1 (16:12):
They're not.
Speaker 4 (16:12):
But I tell yeah, you know, I'm not to encourage consumerism,
but now is the time to be buying Christmas presents
because days Friday. I thought it used to be one
or two days, but it's been a long window. And
I understand for most shops it's closed on Wednesday, but
these sales. I've sent parts arguably better than what you're
(16:33):
going to get at boxing day because retailers are very
they've had a very tough year and they are a
keen to siller. So yeah, I would get organized and
get yourself down there, because you save yourself a lot
of money.
Speaker 2 (16:44):
We might dig into that a little bit, but yeah,
in terms of managing your spending, give us a call
if you've got a particular way that helps you keep
track of it in a meaningful way that you actually
know how much you're blowing on whatever. Eight hundred eighty
ten and eighty text nine to nine two. It's twenty
three past five newstalks you'd be We're talking about spending
apps and tracking the money you are s the age
(17:06):
of simply hold your card over the machine and bingo.
It's all done magic. And my guest is financial personal
finance coach and author Amanda Morale. Let's take some calls harmon, Hello, Hi, how.
Speaker 5 (17:18):
Are you doing today?
Speaker 2 (17:19):
Good?
Speaker 5 (17:19):
Thanks? God? Good? So about there's eighteen apps that that
the one guy texted us. I've got about six apps
or six bank accounts from A and Z. Part of
them are three one of their long long con savings
(17:39):
and one is my everyday's account. And if you do
your budgets correctly and you get automatic drafts soon you
don't have to every day manage your account. And if
you've got a one account that you're spending account, as
soon as you put money into it, you just withdraw
the money and able to cash. It stops the spending
(18:02):
so much. I've saved so much in the line four
months just doing that.
Speaker 2 (18:07):
So you've just been doing that for the last four months,
and how traumdica differences it made.
Speaker 5 (18:13):
It's made a massive difference. I was able to save
about thousand, five hundred and just four months fifteen hundred bucks.
Fifteen hundred Yeah, and that month.
Speaker 4 (18:24):
That's because you apportioned your spending amount and then you
put more into savings and then you stop spending when
you money the money ran out.
Speaker 5 (18:32):
So every time you know, go to fast food, oh
it's just fifteen dollars year, it's just fifteen dollars thee
or you know, I've just there, And as soon as
you've got the money in your pocket, that suddenly you realize, oh,
it's not just fifteen dollars, that's is fifteen dollars that
I need for this or that, and it just it
could have the spending habit quite a bit. The card
is just too easy. So out of my out of
(18:54):
my father account, only one account has got a card,
and that card is for my spending. So my bulls
is automatic, A payments goes out, my mortgage is automatic,
payment goes out, long term savings, no pavements goes out
of there. Then I've got my insurance takes that out.
And then the other one is for gifts and unplanned expenses.
(19:19):
And again that one doesn't have a card, but that
can just easily be moved into spending we needed.
Speaker 2 (19:26):
Hey, what did you notice you stopped spending money on
the most food?
Speaker 5 (19:30):
Fast food? Fast food was the biggest Yes about that.
Fast food was my biggest outcome. I would spend around
about three hundred fortnights on fast food after I've done shopping.
Speaker 4 (19:45):
Wow, okay, so you've probably last a little bit of
weight too, know if saving that money, yeah, good on.
Speaker 5 (19:50):
You, yep, absolutely, but yeah no, So having cash in
hand is just it. It's a saver. It is a
harness saver.
Speaker 4 (19:57):
It's a good tip.
Speaker 2 (19:59):
And I love the South African accent with the words
fast food.
Speaker 1 (20:02):
You know that actually sounds how here, thankst you, thank you.
Speaker 2 (20:12):
I love a good South African accent. The fast food. Actually,
that is one I would say the simplest way to
start saving money for getting spending apps. But you know,
obviously that's what we're talking about, is it's it's unfortunately
for hospitality and all that, but if you just cook
(20:33):
your own meals, you save a fortune. God, I hate
to think when I was living in Australia in my
musical theater days, the amount of money I blew on
bacon and eggs down at the local cafe. I hate
when I I hate to think it sounds like I'm
saying it as a throwaway line. I really hate to
think how much I spent.
Speaker 4 (20:50):
You know, just do you still eat bacon and eggs
or yes.
Speaker 2 (20:53):
But it's a genuine treat rather than something I developed
and not listen to a habit. But learning to cook
your own meals.
Speaker 4 (21:01):
Yeah, one hundred percent, no, and they're better for you
and you know, but a lot of it comes down
to just gain self awareness and organization. And obviously for Hermann,
you know, the switch flecked at some stage that he
auto payments, just allocate myself a certain amount.
Speaker 2 (21:17):
That's it.
Speaker 4 (21:17):
Money runs out, and so it's discipline as well underlying
all those. Again, it's easy to think, oh, i'll download
this app, I'll be a fifteen Maybe you don't have
the fifteen bucks a month to use that, but then
you ignore it. You know, it's showing you the things
that you intuitively know that you've overspent in certain areas.
So you have to be able to control your behavior.
And if you can't control your baby, you do what
(21:39):
he's suggesting, which is like pay yourself in cash. Cash
is out. That's it.
Speaker 2 (21:44):
Well, you always fiscally aware because you know, obviously you're
financial author and things like that. But sometimes I think
also that people who specialists in a particular area, they
might be there because they've learned the hard way. Was
there a time for you?
Speaker 4 (22:00):
No, I can't say that I ever made any big mistakes,
but you know, no, no, but I I but you know,
I went through a divorce that was probably caused because
one party was horrible with money, and you know, tried
to fix the situation. And you know, I think I've
said this many times on the show, but financial you know,
(22:20):
strain and issues are more toxic in a relationship than
cheating and cause more damage. So you never underestimate how
how money is stressful, incredibly stressful, especially because you know,
you got you know, people with gambling habits or you
know they are overspending. Then you go to mortgage particular,
people will be feeling a heat now more than ever.
And the Kiwi saber Hardship you know, story shows that
(22:43):
so under strain. And unfortunately some people understrain you know,
like they can overeat or they overspend for emotional reasons too.
So it's fairly important to understand the psychology of money
because then you can control or help to reform your
patterns too. And so that place feeds into the story
you know really strong.
Speaker 2 (23:02):
Well finally enough that you should mention financial habits. But
that is something else I wanted to that we wanted
to talk about, because it's one of the things that's
always struck me that we can talk about. You know this,
it's like a previous guest Alex Flint talking about exercise
and how we talk about changing our exercise habits and
our well being. And I'm not sure whether that's an
(23:23):
easier thing to do with your own physical health, but
with your financial health, and we can talk about I
need to do this and have this spending app. But
I wonder how hard it is for people to change
financial habits of a lifetime, which accentuates probably the importance
of setting your kids up with good financial habits, being
aware of what a dollar is worth. But when it
(23:46):
comes to genuinely changing financial habits, I have the sense
that that's actually pretty tricky.
Speaker 5 (23:54):
For me.
Speaker 2 (23:54):
I probably changed my spending financial habits when I got
a mortgage. Actually that is well, it's like you know
you've got suddenly you've got the hammer and anvilin app.
Really you're really pummeling yourself into because you've got some
serious financial commitments. But up until that time, I sort
of felt that it was easier to breeze by and
in the more transient spending habits.
Speaker 4 (24:16):
I think that's not uncommon because it's an age and
stage thing where if you can drift going paycheck to
paycheck and your lifestyle is quite comfortable, that's when. But
then you pump the brakes when you're again looking for
a mortgage, you have a child, or you've got a.
Speaker 2 (24:30):
Kids and a mortgage boomf.
Speaker 4 (24:34):
So that that really just causes you to pause and
do things differently, because otherwise there'll be lots of arguments
and strain that you don't need.
Speaker 2 (24:42):
So I'm not sure we can really advocate that if
you have some prolific spending habits that just have a
baby or buy a house, But probably if you haven't
got a house and you are wasteful with your money,
maybe there is a sort of I'm being fickle a
little bit.
Speaker 4 (24:58):
I think the human mind needs to be you know,
it's just the human condition rather to to you know,
do things you enjoy right so or you know, got
an a version to the things you hate doing right.
Speaker 2 (25:10):
So that's just it.
Speaker 4 (25:10):
So you kind of have to track the mind to
some degree, and you know, setting up some systems in
place to protect yourself, but equally having incentives in place
where there's you're rewarded for the habits that you're changing,
because changing habits is tough. And so again, if you
have little goals for yourself, well when I do this
and I achieve this level of season and reward myself
with this, and same thing goes for health. I always
(25:32):
find that health and finance are very similar pathways.
Speaker 2 (25:37):
Actually, would it be a legitimate thing on a financial
habits say, and I think probably the thing I had
as a younger man of you know, just going to
cafes more often than I should have if I had said, okay,
tell you what, I'm not going to do that, but
on Friday night, I'm going out for dinner with friends,
and I'm not going to worry about the bills so
much because I've saved a fortune by not doing it
three or four days a week, is it. I mean
(25:59):
that's sort of a sacrifice and reward type of thing. Well, well,
hopefully you don't go out and blow it at all.
Speaker 4 (26:04):
Exactly exactly, because you can also deceive yourself that you say, hey,
I saved five bucks a week, you know, a day
by not buying my coffee, and then you go out
on the weekend and you spend one hundred or whatever
it is is you know.
Speaker 2 (26:15):
That that's we've worked out. That's your magic.
Speaker 1 (26:18):
It's just an easy, easy round number.
Speaker 4 (26:22):
But you know what I'm saying, So you have to
it has to have some sort of common sense behind
it and just awareness. So if I don't want to
knock the apps, because if it gives you a sense
of awareness, then it helps you to pump the brakes. Great. Equally,
if cash and the envelope is a strategy that you
know keeps you on the path and you know, alerts
you to the fact that, hey, look, I've lost ten
(26:43):
pounds and save three hundred dollars a week by not
going to KFC or McDonalds. So what have you great?
I mean, I'm looking forward to the day when my
kid is out on his own he has to pay rent,
and then that restrains all this ridiculous money at the bars,
et cetera. He's going to have a bit of a
wake up moment. But you know that's going to be
a teachable moment for him if he can't make his
rent payment, you know, so that for him that that's
(27:04):
the learn of you know, having a mortgage, is paying
your rent right other thise your move back in with
your nagging mother.
Speaker 2 (27:12):
You're throwing up other topics here because I was about
to ask whether it's a good idea for parents to
charge their kids rent to prepare them for that reason.
Speaker 4 (27:19):
Yes, I do think it is. I mean I am
a bit of a softy wells of course were the students,
you know, But equally, I think that teaches them that,
you know, not getting everything for free, right, particularly when
when they reach a certain age.
Speaker 2 (27:33):
So it's yeah, that will save that to another day.
That that is a good one though. And also we
have talked about it a bit because there was a
lovely anecdotal story that somebody shared with us of their
parents charging them rent while they were at home for
a while and or bored, and then when they left home,
the parents returned it all with interest to help them
by their first half, and I thought, I thought that
(27:54):
was awesome story as well. Let's take some calls Janet, Hello, Hi,
how are you good? Thanks? How are you doing? Yeah?
Speaker 6 (28:03):
Good? I guess i'd share a system. I've been new
things for quite a while now. The first thing is
don't have a credit card because you lose track of
what you're spending. There's nothing more depressing than to a
worked hard all month and get your pay and it
all goes on the credit card.
Speaker 4 (28:21):
Yeah yeah, I agree.
Speaker 6 (28:24):
So you want to get your money and go, oh good,
what am I going to spend it on? So I
have one account that money goes, it's transferred into for
spending including bills, and I have a budget. So I
guess tomate how much my bills are going to be
each month, so power, water, que, irregular ones, and things
(28:50):
like insurance, I pro rider over the year, so I'd
divide it by twelve, so you're contributing each month towards that,
And so you get a total, a subtotal of what
you think you're going to spend for the money on
just the basics and food and whatever, and then what
your left with is your slash money for the one
(29:11):
off and the fun and all the rest of it.
And I also have a little calculation on my spreadsheet
where I can enter the number of days left in
the month. So if you've got three hundred dollars left,
and at the start of the month, you've got ten
dollars a day to spend. If it's the last day
of the month, you've got three hundred dollars left, you've
got three hundred dollars left for the day. So you
(29:34):
can kind of reward yourself later in the month if
you've been good earlier in the month, or you can
take what's left and assign it to an expense for
the next month and get yourself ahead.
Speaker 2 (29:45):
Sure you are organized, What what made you? Did you
do this? Because you saw the error of your ways
and you were reforming yourself or have you always been
quite for skilly sort of alert and responis.
Speaker 6 (29:57):
Oh, look, I left a job and I had to budget,
and I've been doing this for ten past years. And
then you can, once you've done it for a year,
you can just copy your history down so you've got
more of an idea of what you're doing.
Speaker 4 (30:14):
Yeah, sounds like a great system. And your earliest point too,
I hundred said. That's one thing that I can say
my kids haven't done, and I hope that doesn't change.
Is not getting a credit card because that prevents you
from spending money you don't have. And then once you're
once people get on that treadmill because it's also easy
to do. They're forever trying to dig themselves out of
(30:36):
the hole and complaining I can never get ahead financially
because they're paying money on money owed. So I think
that's a very smart, smart decision.
Speaker 2 (30:44):
Thanks for you, cool, Janet. I confess that I I
just we stick everything through the credit card because I
love the points.
Speaker 4 (30:50):
For the points. Yeah, it works for something as.
Speaker 2 (30:52):
Long as you can play it off, though, and if
you missed that date, you're ah.
Speaker 4 (30:56):
Yeah, yeah, yeah, Well you just set it up on
as an auto payment, right, so it gets sucked out
of your p.
Speaker 2 (31:01):
I have an alarm on my phone that goes off.
Is pay credit card? Do it manually? I don't know.
There's something that's just a control freaky thing.
Speaker 4 (31:08):
I'm not sure you can set it up for another
payment though.
Speaker 2 (31:11):
I'll have to have a look at that one. We'll
talk about that one in the break, but we'll be
back in just a moment. When to take your calls
on how are you tracking your spending? And is there
a particular app that you swear by because you can
share that with us too on eight hundred eighty ten eighty.
But also if you have changed your financial habits, what
was it that motivated it? Because I think it's one
(31:32):
of those things. It's like getting fit and healthy. You
can talk about it till the cows come home, but
when are you going to make the meaningful change? And
I'm sure when it comes to financial health, that's just
as big a challenge to give us a call eight
hundred eighty ten and eighty eighteen minutes two six News Talks.
It'd be My producer Tyra is so happy right now
because she loves Christmas and if you missed the show
on the first of November, she started playing Christmas music
(31:54):
and I was like, what the hell are you doing.
She's like, it's November, I can play Christmas music, not
on news talks. He'd be it's gonna be like two
months of Christmas.
Speaker 1 (32:02):
Were more happy people in the world.
Speaker 2 (32:05):
She's so happy right now. That is definitely one for
your playlist though. But anyway, this is smart Money, and
my guest is Amanda Morale talking about budgeting and how
you do it.
Speaker 7 (32:13):
Calvin Giday, Good Athene, Tim and good Athenoon to your guest, Amanda, Amanda,
there must be tens of thousands, could even be hundreds
of thousands of people like me who a lot of
the things you previously mentioned. I would know anything about
apps and all this sort of carry on. But I
(32:35):
do confess to having some automatic payments, you know, electricity,
newspaper account, phone account that's done automatically through the bank
as such. But I'm one of these people who I
love cash and when I go to the supermarket I
always come out normally with more money than what I
(32:55):
went in with. As such, You when I go to
the supermarket, I come out with more cash than what I.
Speaker 5 (33:02):
Went in with.
Speaker 2 (33:03):
Why how does that work? Pocketing?
Speaker 7 (33:06):
Well, it's because you keep away from apps and all
those different things which you two have been mentioning different.
It's a different lifestyle altogether out here.
Speaker 2 (33:14):
And for a lot of people, maybe you're going to
the supermarket and busking.
Speaker 7 (33:20):
Well inadvertently rating the till as such. But anyway, so
I in my lifetime, I've never ever had a credit card.
I wouldn't know what one was.
Speaker 4 (33:34):
Know.
Speaker 7 (33:34):
I use f POS which is f post card, which
is code really for cash.
Speaker 2 (33:41):
Yeah, well you don't see it happen either. That can
go bling as well, can't because but as.
Speaker 7 (33:46):
I say, but I do have the legal tender in
my hand hand more off than not when I go
and buy petrol and things like that and go to
the movies and a few other bits and pieces. But
so I was going to say that the app, the
app situation for me, it's a much easier lifestyle.
Speaker 2 (34:02):
Now.
Speaker 7 (34:02):
I fully realize a lot of people don't like cash.
Oh no, no, no, don't like cash.
Speaker 4 (34:06):
Me.
Speaker 7 (34:07):
I love cash. The more cache I have, the happier
I am cash.
Speaker 2 (34:13):
Yeah, we hear you altogether, now, Yeah, Hey, thanks Calvin.
He's completely made me forget what I was going to
ask you.
Speaker 3 (34:20):
Oh.
Speaker 2 (34:20):
Yes, So we have obliquely took talked about apps when
it comes to spending apps. But do you have particular
ones where and you're not giving specific financial advice and
things that would be worth people checking out if their
interested in and tracking their spending.
Speaker 4 (34:34):
Yeah, so I think it depends on your situation. So
what I would recommend there's about eight that are quite
well reviewed on money hub dot coded and said if
you look up got a moneyhub dot cod in and said,
look up their reviews on spending apps. Because well, again,
if you're looking for ones for your kids, for example,
(34:55):
to try to train them up on money, there's a
one called Square one split wise for students and flatmates
for multi accounts and customizations spend ye. Again, there's ones
that the banks have, so there's numerous ones, but it
really depends what you're looking for for your situation. So
(35:16):
again that's a good place to start is just looking
up that central Spinster Ali money hub review center for
for whatever it is you're looking money. So it's just
called money hub dot codin and is it and they
review everything under the sky, including spending habits. But what
they'll do is they'll go in and tell you why
each one is different from the other and how it's superior. Again,
(35:37):
because everybody's situation is different. As the last gentleman caller said,
but had no idea, and my situation is different. Again,
you might have somebody, a younger person who really wants
to heavily micromanage and funnel their accounts. They're you know,
banking out, might be you know, the the be's knees
in that regard. So it really depends what it is
you're looking for. One thing will I remember on the
(36:00):
budgeting side of things, is it's a free app and
it works holistically with a bunch of other things. Is
sort of dot org dead and dead I. I can't
say enough good things. And that's a free government. And
you can tie in like your whole situation too, including
(36:20):
where you're on track with your kiwisaver and how much
you're going to you know, potentially have for retirement. So
it's not just your day to day spending, but it's
more of a holistic picture. So for those individuals who
you know can't afford a good financial advisor, you can
DIY a lot of this stuff yourself, and that sort
of is a great place to start. You could plug
in all these inputs, change them. That's what I'm trying
(36:41):
to train my kids on doing so they can see
big picture of what's going on.
Speaker 2 (36:45):
Yeah, I think the journey I've got to go on
with my kids is that they they quite conscious of
the money that they've gotten, how they want to spend it,
but it cost to other things they've gotten. No, I
think they think Mum and Dad are the bottomless the
bottomless pit, and that's that's probably I'm not sure how
to imbue them with a sense of with the understanding
(37:07):
of that Mum and Dad are not bottomless money pets either,
but maybe saying.
Speaker 1 (37:10):
Just no money.
Speaker 4 (37:11):
It really depends how old they are and where they're
at for understanding that. It's you know, then I think this,
it's never too early to start. Well, obviously not where
they are in now peace, I don't think. But you know,
the sooner you get them started, the better. But then
you'll find your teenagers will come to a stage where
they want to start getting their hair colored or something
like that. Oh no, you know, then, yeah, prepare for
you know.
Speaker 2 (37:31):
What I'm going to teach myself how to I'm going
to look I do the ballet buns. It can't be
that much difficult.
Speaker 4 (37:37):
Different to the cost of those things is a watering,
So hopefully they're far away from that, or you make
them save for those kind of things.
Speaker 2 (37:45):
Well, luckily we have one with striking read here, which
she quite likes, and she's that's she just celebrates it
every day. You're spared fingers crossed on that one. Yeah. Absolutely,
we're going to take a moment back and a ticket's
eight minutes to six news talks. He'd be yes, welcome
back to the weekend collective. Gosh, smart money. That time
has flown, Amanda, marn I know what time is, excel reading.
(38:05):
Time flies when you're having fun. As they say, I've
got a good question for you here, though a quick one.
I'm not sure if we can get a quick answer
to this, Amanda. I've never had a credit card, but
my parents think I should get one so I can
build a credit score. So there's a couple of things.
Is there anything I can do the internet set It
might apply to the US, but not here in New Zealand.
Don't know, there's not enough information in that, but getting
(38:26):
a credit score or fixing your credit score, how do
you build that?
Speaker 4 (38:29):
Yeah, well, so a if you want to find out
what your credit score is currently, but it sounds like
this fellow or gal doesn't think they have one, but
you can find them up. There's a couple of different
credit reading agencies. But that's a quick Google search.
Speaker 2 (38:42):
How do you get a credit score? I think was question?
Speaker 4 (38:45):
But yeah, and so once you start, you know, the
typical consumer behavior, everything starts getting tracked. And that's everything
from you know, paying your rent on time, paying your
or your bills on time. Anything where you've been required
to pay things on time will all start to get tracked,
and then that builds in towards your credit score. Where
(39:06):
you start to get a bad credit score is missed payments,
et cetera. So it tracks all your financial behaviors. So
you know, it won't just be it depends what stage
of life this individual is at, because if they've got
no other if they're not paying rent or any bills
or anything like that, then yes, if they're buying things,
they may want to start building.
Speaker 2 (39:26):
The trap is it's like you don't want a credit cab,
but you still need to build a credit score.
Speaker 4 (39:31):
Yeah, but at the time in which, again you're paying
your mobile phone bill or your any sort of any bills,
And as soon as you start missing those, your credit
scores goes down. If you want to try to build
it up. If you failed, then you got to just
pay on time.
Speaker 2 (39:44):
Guess what times up? Thanks for listen. Check out the
podcast news it Be website iHeartRadio. Thanks my producer Tira
and Sunday at six is Neck For more from the
weekend collective. Listen live to news Talks it'd Be weekends
from three pm, or follow the podcast on iHeartRadio
You're listening to the Weekend Collective podcast from News Talks.
Speaker 2 (00:09):
It'd be.
Speaker 3 (00:11):
I'll never even good missus so to death will be
freezing vocal season so good, it's dear listen.
Speaker 2 (00:29):
They'll have sometimes.
Speaker 3 (00:30):
Guess it's just the North arning he'll have way this
don't go to your nice Christmas baby.
Speaker 2 (00:37):
My soul man, and welcome back to the Weekend Collective.
Apparently this is a Christmas song as well, my producer
Tyra is telling me, but I'm not see you know
how you can tell a Christmas song usually in the
background the band of put some sleigh bells in. In fact,
you can turn any song into a Christmas song just
by having sleigh bells going ching ching, ching ching in
(00:59):
the background. Um anyway, but thanks thanks my producer Tire
for providing the musical choices this afternoon. Right now, there's
time for smart money. By the way, if you've missed
any of the previous hours, and we had a very
busy politics hour with an interview with Ashley Bloomfield and
also Chris Hopkins and Thomas Coglan from The Herald just
(01:20):
about the COVID report and subsequently the news the labor
parties AGM. You can go and check that out online,
go to iHeartRadio or the news storks he'd be website
and also Alex Flint there just with getting into exercise
and personal trainers and terrible exercise equipment. So that was
that was that, But this is now and it's smart money.
(01:40):
My guest is she's a personal finance coach, author, writer,
she's a friend of the show. Really, Amanda Morale, how
are you going? Amanda? How are you?
Speaker 4 (01:49):
I was going to say Top of the Morning, but
it's not morning.
Speaker 2 (01:52):
We are you going to say Top of the Money?
Speaker 4 (01:53):
You sense of your very Christmas? I'm just looking at
this festive studio here. It definitely is feeling a little
bit like Christmas. You just need a tree and that'll cap.
Speaker 2 (02:02):
And a little bit of tinsel, isn't it, which we've
got now for those if you haven't seen our studio,
we have a bunch of TV screens which all have
different images from our New Zealand and to Christmas fire,
Christmas a fire they have. They basically just added a
string of tinsel to it and it's quite effective.
Speaker 4 (02:20):
Tinsel, isn't it like an environmental hazard? Now?
Speaker 2 (02:24):
Probably? Well, this is digital tinsel anyway safe on that
front as well. They also shove Christmas hats on our
profile photos all of a sudden about December. The first
you turn around and you see a photo yourself and
you think, I don't remember posing in a Santa hat.
There we go. Hey, now we've got to talk about
with Christmas approaching. And it ties into this a little bit.
(02:48):
Spending tracking apps And I actually had connected with a
tracking app at some stage and then I just suddenly
didn't anymore, and I've forgotten even what its name was.
But they're not a bad way. But the thing is,
you've got to keep updating your often. And I don't know,
are they some good spinning apps?
Speaker 4 (03:07):
I think they're only as good as you engage to
use them, right, And I heard some shocking statistic about
the number of apps that actually get used on people's phones,
And so you can probably think of the ones that
are on your phone and think of the top four
that you use routinely. Yeah, I think of it myself.
My banking app is right at the top of the list.
So the one that is most practical for me on
(03:31):
this occasion is when it is tied to my bank,
which gives me automatic feeds. So I like my spending
app through it's.
Speaker 2 (03:38):
Called cash nev oh, I've got that.
Speaker 4 (03:41):
Yeah. So sometimes I think maybe why you suggesting it's
disappeared is that there's an option when you're logging in
to keep it. You don't have to like manually log on,
so it'll be giving you notifications and staying live continuously,
but you can kind of put a dormant and then
you forget about it. So I would recommend if there's
(04:01):
nothing too sensitive and people you know you don't have.
Speaker 2 (04:04):
I've just other two hundred apps on my phone too.
Speaker 4 (04:07):
Ever, since you mentioned it, I know, get rid of
some of those apps because but yes, so, I mean
there are many, many separate apps outside of the banking apps,
but that's a good place to start if you're over apped,
I would say is look at the ones that are
associated with your bank, so you're more likely to engage
with them.
Speaker 2 (04:25):
And because the reason that that spending apps are, you
could even though I'm a hypocrite for saying this, but
they sort of should be essential because a lot of
the times on smart Mate, when we've talked about the
way we spend money in the old days. Of course,
the old days. Goodness may have done know what that was.
But you know, back in the days of cash twenty
years ago, and we still use cash from time to time,
(04:46):
I guess, but you were often handing cash over all
the time, or you were writing out a check which
you were reconciling as you write it out, and I
write a check out for ninety dollars. Today, you were
much more aware emotionally. I think I would agree with
that the mental trend was more substantial as opposed to bloop.
Speaker 4 (05:08):
Tap tap tap. Yeah, and absolutely, because you'd be more conscious.
So tonight, I'm going out to get out one hundred dollars.
One hundred dollars is gone, time to go home, right,
Whereas when you've got access, well I.
Speaker 1 (05:22):
Just made an easy round number there.
Speaker 4 (05:24):
But you know, I I and here's a good example,
because I've got a soon to be twenty one year old,
you know, on a weekend there you know boom like
paycheck and paycheck out, and you know, I lecture this
kid incessantly, which is maybe the problem because he doesn't listen.
But that's the danger is that you can just you
basically go to you're denied, and then you go home.
(05:47):
But so there's no sort of built in you know,
you know, rail guards against overspending. It's just if you
if you don't have that conscious control and you're not mindful.
And some people are like that just comes down to
their habits with money and they just you know, go go, go,
go go.
Speaker 2 (06:03):
I'll just realize something that if I go to the
shops and I know I have to get certain items,
there's probably times I don't even look at what the
title is, and I might I might go paying us
O I forgot to look what the title was? How
much was that? And it's not because because I don't
consider themsself wealthy by any stretch. But if my wife
(06:24):
has said, can you go to get X, Y and
Z down at the shops, and I go and get it,
sometimes I don't even notice. So that's how transit treats become.
Speaker 4 (06:31):
For mat it's an absolute danger, and I agree with
your earlier point. It should be kind of an essential
built in to all these days. But you know, in
many cases it's not in bank's best interest for you
to be aware of your spending, just because of course,
you know, they wouldn't want you to be fast tracking
your mortgage repayment or you know, not spending you know,
to the maximum of your credit card. It's very much
(06:53):
a built into their interest to sort of you know,
put a veil over that business.
Speaker 2 (06:58):
That's why they probably don't have the automatic notification. Hey,
by the way, if you pay your bill off, your
credit card bill off in the next few days, there's
no interest because of course, if you pay your credit
card off every month, you avoid the interest, which is
a major that's in fact, I diary it. I have
these alarms that go off, bing bing and the other thing.
Actually funny enough, now that you mentioned kash Nev, I
(07:20):
remember why I stopped using it was because my wife
and I we don't we share the same account. We
have a card each, but when one of you is
used the Kashnev account, it logs the other one off
and I got just got sick of logging on and
off all the time. Yeah, and so, yeah, and that
was something I thought they could have rectified.
Speaker 4 (07:39):
They have done.
Speaker 2 (07:41):
Maybe they have. They used it.
Speaker 4 (07:43):
Upgrades recently, so it might have changed. But yeah, they
should be far more onto it than they are. So
outside of the banking ecosphere they do. There are some
good apps for individuals. But again, they're only as good
as they are that you engage with them. So I
personally don't see the point in getting those unless you're
going to be paying closer attention and then logging in
(08:06):
and getting notifications and reform behavior apps. It depends. Some
are free, some are not. Those paid versions. It's kind
of like Spotify free, Spotify premium. Pocket Wise is another
really good one, But the free version it's a bit.
It's a bit uh requires some manual labor because you
have to upmanually upload your statements, which can be a bit.
(08:30):
You know, if you're not like good with spreadsheets and
CSV files and this and that, you can get a
little bit it just turned off of that, you know
immediately if that's going to work for you or not.
If they've got automatic feeds, then that's and that's the
paid version where you're not having to do uploads. There
just there for you. But even even so, say you're
paying fifteen dollars a month for this, but you're still
(08:51):
not checking and engaging, then you know, what's the point
You're going to have to consider there's maybe a different
pathway for me to try to get, you know, a
handle of my finances.
Speaker 2 (09:02):
I was always I think I'm still kind of I
go along with it because through my account we use
there's a hook up with Zero that have obviously in
Zero have access to my bank accounts, not to do anything,
but just to see what's in there. And I did
take me a while to mentally get my head around
a separate piece of accounting software having the ability to
(09:25):
see what money I had in my accounts. And so
obviously that's a company everyone knows, and there there will
be other software that does that. But the issue of
trust as well as and safety. The trust is probably
the secondary issue the safe the reality of how safe
it is to enable those spinnings to have access, because
(09:46):
I would imagine there are some shark infested waters out
there as well.
Speaker 4 (09:49):
One hundred percent so because we haven't quite got to
where they are in other countries with open banking, where
you can hook up of your different banking devices for example,
you know, centralize your insurances, your retirement savings, investments, Kibi,
siber and have it all in when centralized place. We're
not there yet in New Zealand. We're kind of lagging
(10:10):
behind where a lot of other countries are. But there
are some areas. There's a tech startup called Acohu that
is doing some pretty nifty integrations. But in a lot
of instances you have to give permissions and they will
assure you. It's easier to break into Fort Knox than
to you know, for their systems to get scammed. But
I agree with you, you have to be, you know, mentally
(10:32):
assured that that everything's going to be okay. There was
another tracking app that was supposed to track your ear
and your environmental footprint. Uh and and that was another
one where you had to you know, kind of overcome
that issue. Well what about this happening and stuff?
Speaker 2 (10:47):
So oh I couldn't see that. Imagine being lectured every time, yes,
something something, Well, you contributed to the youthstomized by another
zero points, zeros are one, whatever the unit would be.
Speaker 4 (11:00):
I know, but some people like to measure those strength
recently and you know maybe all people like us not
so much.
Speaker 2 (11:07):
Say old you are spring Chicken, Amanda Morale, what's going on?
Speaker 1 (11:11):
Okay, I'll revise down.
Speaker 2 (11:13):
Look, we want to hear from you. O eight one
hundred eighty ten eighty Do you use a tracking app?
And if not, how are you? How do you keep
track of and I don't mean just keeping track in
a budgetary sense, but how do you keep track of
what you're spending day to day in a sense that
really helps you understand how much money you are spending.
(11:34):
And if you've got a particular app that you love,
that you that you trust and you want to share
it with us, or we've got some questions about it,
Not that we're technical experts, but Amanda might know a
few things about a few apps. Give us a call.
Because it's Christmas time and you know what's so easy
to just go zips aapp. It's not even zips app.
That's the manual thing, isn't it. That's the bit of paper.
Speaker 4 (11:55):
I think there's a long since gone the an African
nations somewhere, but even there I think they're more high tech.
Speaker 2 (12:02):
Well the old days of visa when they would stick
the thing and.
Speaker 4 (12:05):
Shouldn't sho they're quite neat. They might have those somewhere.
Speaker 2 (12:08):
Still wonder how many years since I did that? Think
you have to be ten or fifteen? Easy, wouldn't it.
Speaker 4 (12:14):
Yeah, Listen, I think when it comes to Christmas spending,
just instead of your zip zap and tap tap, you know,
just get take take take the cash out, you know,
to go go old school, take the cash out that
you want to spend on Christmas gifts, and that's it.
When the money's gone, the money's gone, because I'll move
it into one of your accounts if you had a
separate account, and just use all your Christmas shopping on
(12:35):
that account, and when it's gone, it's gone, and it'll
force you to stick within your budget unless you go start,
you know, playing that shell game and moving things out
of over your secret Seemings account.
Speaker 2 (12:45):
Then you know, I've got a text to you saying
that's actually really common for people in their twenties, that
plenty of people do it, and heaps of influencers recommend
it in terms of the I think in terms of
the spending app that texture is referring to that they're
actually quite common for younger people.
Speaker 4 (13:03):
Is that your Yeah, so my one of my other kids.
They students who particularly those who are flatting, have there's
a good app called split wise and and so they
you know that that helps them to manage division of
all the household finances and stuff. That's very popular. Pocket
(13:24):
Smith is another one. There's a few key we saver
providers who've created budgeting apps as a sort of an
attractive tool to join their schemes. So yeah, absolutely there's
lots of Metagain, even with the twenty year olds, there's
going to be you know, some who actually are paying
attention to it, and you know, those who are very
golden and probably saving for a home deposit, et cetera.
Others not so much because they have a different attitude.
(13:46):
And I think it's more it's less about the apps,
it's more about your your attitude and your habits. So
that's the meat of.
Speaker 2 (13:53):
The I must read that text actually, because that was
the second text they'd sent. This is what they'd sent
for and so they were talking about what's common. It
says I have about eighteen different accounts under my one
band account. The morning after payday, I have automatic payments
into every account. This is hyper organized, so there's a
groceries account, gas pets, et cetera. So every time I
(14:15):
go to spend money, I have to manually take it
out of the right account. Obviously can still have a spend,
but it gives a moment of pause for me to
reconsider before mindlessly swiping. I have eighteen different accounts, How
on earth would you transact?
Speaker 4 (14:29):
Well, well, that's a lot of accounts. I would hope
that that person is not spending too much on fees
because they're you know, the fees aren't too bad on
some accounts, but if you're overfeed, then you know, as there,
you know, you have to consider it as a you know, cost.
Speaker 2 (14:45):
I don't know how you do that, and I'm trying
to work that out actually, and I have eighteen different accounts.
Apparently it's under be and Z you can have up
to fifty different free accounts. But when you go spending
is this with it?
Speaker 4 (14:58):
It seems a bit complicated, But you know, if it
works for that person's who's to say, who's to knock it?
So that's what that's my point is that everybody is
a bit different and there's strategies, so you know, come
up with a plan that you know that you can
that it works for you, and you're accountable to that plan.
Don't adopt somebody else's plan, like the eighteen account plan. Mats.
Speaker 2 (15:19):
This must be for online transactions, because you couldn't have
a bank card where you stick it in the machine
and go which account do you want? Watch my a team.
Speaker 4 (15:25):
Well, I think there's with my bank anyhow, receivings you're checking,
you know, maybe your credit card and you know bonus.
Speaker 1 (15:33):
I don't know.
Speaker 4 (15:34):
Eighteen seems quite excessive. I've got about four and four
is excessive, So.
Speaker 2 (15:39):
Does seem quite a lot? Wait, text update us on
that on that strategy, please, because it sounds complex. But
also we want to hear from you. Do you have
a way of tracking your spending that actually helps you
realize how much you've blown on Christmas presents this year?
I'm sure it's a shame I can't get one from
my daughters because they keep on saying to me, oh, Daddy,
(16:00):
we're doing a secret center for my netball team. We're
doing a secret center for my hockey team, doing a
secret sound for my and it's like we're up to
the budgets are just going nuts?
Speaker 4 (16:11):
Well they aren't.
Speaker 1 (16:12):
They're not.
Speaker 4 (16:12):
But I tell yeah, you know, I'm not to encourage consumerism,
but now is the time to be buying Christmas presents
because days Friday. I thought it used to be one
or two days, but it's been a long window. And
I understand for most shops it's closed on Wednesday, but
these sales. I've sent parts arguably better than what you're
(16:33):
going to get at boxing day because retailers are very
they've had a very tough year and they are a
keen to siller. So yeah, I would get organized and
get yourself down there, because you save yourself a lot
of money.
Speaker 2 (16:44):
We might dig into that a little bit, but yeah,
in terms of managing your spending, give us a call
if you've got a particular way that helps you keep
track of it in a meaningful way that you actually
know how much you're blowing on whatever. Eight hundred eighty
ten and eighty text nine to nine two. It's twenty
three past five newstalks you'd be We're talking about spending
apps and tracking the money you are s the age
(17:06):
of simply hold your card over the machine and bingo.
It's all done magic. And my guest is financial personal
finance coach and author Amanda Morale. Let's take some calls harmon, Hello, Hi, how.
Speaker 5 (17:18):
Are you doing today?
Speaker 2 (17:19):
Good?
Speaker 5 (17:19):
Thanks? God? Good? So about there's eighteen apps that that
the one guy texted us. I've got about six apps
or six bank accounts from A and Z. Part of
them are three one of their long long con savings
(17:39):
and one is my everyday's account. And if you do
your budgets correctly and you get automatic drafts soon you
don't have to every day manage your account. And if
you've got a one account that you're spending account, as
soon as you put money into it, you just withdraw
the money and able to cash. It stops the spending
(18:02):
so much. I've saved so much in the line four
months just doing that.
Speaker 2 (18:07):
So you've just been doing that for the last four months,
and how traumdica differences it made.
Speaker 5 (18:13):
It's made a massive difference. I was able to save
about thousand, five hundred and just four months fifteen hundred bucks.
Fifteen hundred Yeah, and that month.
Speaker 4 (18:24):
That's because you apportioned your spending amount and then you
put more into savings and then you stop spending when
you money the money ran out.
Speaker 5 (18:32):
So every time you know, go to fast food, oh
it's just fifteen dollars year, it's just fifteen dollars thee
or you know, I've just there, And as soon as
you've got the money in your pocket, that suddenly you realize, oh,
it's not just fifteen dollars, that's is fifteen dollars that
I need for this or that, and it just it
could have the spending habit quite a bit. The card
is just too easy. So out of my out of
(18:54):
my father account, only one account has got a card,
and that card is for my spending. So my bulls
is automatic, A payments goes out, my mortgage is automatic,
payment goes out, long term savings, no pavements goes out
of there. Then I've got my insurance takes that out.
And then the other one is for gifts and unplanned expenses.
(19:19):
And again that one doesn't have a card, but that
can just easily be moved into spending we needed.
Speaker 2 (19:26):
Hey, what did you notice you stopped spending money on
the most food?
Speaker 5 (19:30):
Fast food? Fast food was the biggest Yes about that.
Fast food was my biggest outcome. I would spend around
about three hundred fortnights on fast food after I've done shopping.
Speaker 4 (19:45):
Wow, okay, so you've probably last a little bit of
weight too, know if saving that money, yeah, good on.
Speaker 5 (19:50):
You, yep, absolutely, but yeah no, So having cash in
hand is just it. It's a saver. It is a
harness saver.
Speaker 4 (19:57):
It's a good tip.
Speaker 2 (19:59):
And I love the South African accent with the words
fast food.
Speaker 1 (20:02):
You know that actually sounds how here, thankst you, thank you.
Speaker 2 (20:12):
I love a good South African accent. The fast food. Actually,
that is one I would say the simplest way to
start saving money for getting spending apps. But you know,
obviously that's what we're talking about, is it's it's unfortunately
for hospitality and all that, but if you just cook
(20:33):
your own meals, you save a fortune. God, I hate
to think when I was living in Australia in my
musical theater days, the amount of money I blew on
bacon and eggs down at the local cafe. I hate
when I I hate to think it sounds like I'm
saying it as a throwaway line. I really hate to
think how much I spent.
Speaker 4 (20:50):
You know, just do you still eat bacon and eggs
or yes.
Speaker 2 (20:53):
But it's a genuine treat rather than something I developed
and not listen to a habit. But learning to cook
your own meals.
Speaker 4 (21:01):
Yeah, one hundred percent, no, and they're better for you
and you know, but a lot of it comes down
to just gain self awareness and organization. And obviously for Hermann,
you know, the switch flecked at some stage that he
auto payments, just allocate myself a certain amount.
Speaker 2 (21:17):
That's it.
Speaker 4 (21:17):
Money runs out, and so it's discipline as well underlying
all those. Again, it's easy to think, oh, i'll download
this app, I'll be a fifteen Maybe you don't have
the fifteen bucks a month to use that, but then
you ignore it. You know, it's showing you the things
that you intuitively know that you've overspent in certain areas.
So you have to be able to control your behavior.
And if you can't control your baby, you do what
(21:39):
he's suggesting, which is like pay yourself in cash. Cash
is out. That's it.
Speaker 2 (21:44):
Well, you always fiscally aware because you know, obviously you're
financial author and things like that. But sometimes I think
also that people who specialists in a particular area, they
might be there because they've learned the hard way. Was
there a time for you?
Speaker 4 (22:00):
No, I can't say that I ever made any big mistakes,
but you know, no, no, but I I but you know,
I went through a divorce that was probably caused because
one party was horrible with money, and you know, tried
to fix the situation. And you know, I think I've
said this many times on the show, but financial you know,
(22:20):
strain and issues are more toxic in a relationship than
cheating and cause more damage. So you never underestimate how
how money is stressful, incredibly stressful, especially because you know,
you got you know, people with gambling habits or you
know they are overspending. Then you go to mortgage particular,
people will be feeling a heat now more than ever.
And the Kiwi saber Hardship you know, story shows that
(22:43):
so under strain. And unfortunately some people understrain you know,
like they can overeat or they overspend for emotional reasons too.
So it's fairly important to understand the psychology of money
because then you can control or help to reform your
patterns too. And so that place feeds into the story
you know really strong.
Speaker 2 (23:02):
Well finally enough that you should mention financial habits. But
that is something else I wanted to that we wanted
to talk about, because it's one of the things that's
always struck me that we can talk about. You know this,
it's like a previous guest Alex Flint talking about exercise
and how we talk about changing our exercise habits and
our well being. And I'm not sure whether that's an
(23:23):
easier thing to do with your own physical health, but
with your financial health, and we can talk about I
need to do this and have this spending app. But
I wonder how hard it is for people to change
financial habits of a lifetime, which accentuates probably the importance
of setting your kids up with good financial habits, being
aware of what a dollar is worth. But when it
(23:46):
comes to genuinely changing financial habits, I have the sense
that that's actually pretty tricky.
Speaker 5 (23:54):
For me.
Speaker 2 (23:54):
I probably changed my spending financial habits when I got
a mortgage. Actually that is well, it's like you know
you've got suddenly you've got the hammer and anvilin app.
Really you're really pummeling yourself into because you've got some
serious financial commitments. But up until that time, I sort
of felt that it was easier to breeze by and
in the more transient spending habits.
Speaker 4 (24:16):
I think that's not uncommon because it's an age and
stage thing where if you can drift going paycheck to
paycheck and your lifestyle is quite comfortable, that's when. But
then you pump the brakes when you're again looking for
a mortgage, you have a child, or you've got a.
Speaker 2 (24:30):
Kids and a mortgage boomf.
Speaker 4 (24:34):
So that that really just causes you to pause and
do things differently, because otherwise there'll be lots of arguments
and strain that you don't need.
Speaker 2 (24:42):
So I'm not sure we can really advocate that if
you have some prolific spending habits that just have a
baby or buy a house, But probably if you haven't
got a house and you are wasteful with your money,
maybe there is a sort of I'm being fickle a
little bit.
Speaker 4 (24:58):
I think the human mind needs to be you know,
it's just the human condition rather to to you know,
do things you enjoy right so or you know, got
an a version to the things you hate doing right.
Speaker 2 (25:10):
So that's just it.
Speaker 4 (25:10):
So you kind of have to track the mind to
some degree, and you know, setting up some systems in
place to protect yourself, but equally having incentives in place
where there's you're rewarded for the habits that you're changing,
because changing habits is tough. And so again, if you
have little goals for yourself, well when I do this
and I achieve this level of season and reward myself
with this, and same thing goes for health. I always
(25:32):
find that health and finance are very similar pathways.
Speaker 2 (25:37):
Actually, would it be a legitimate thing on a financial
habits say, and I think probably the thing I had
as a younger man of you know, just going to
cafes more often than I should have if I had said, okay,
tell you what, I'm not going to do that, but
on Friday night, I'm going out for dinner with friends,
and I'm not going to worry about the bills so
much because I've saved a fortune by not doing it
three or four days a week, is it. I mean
(25:59):
that's sort of a sacrifice and reward type of thing. Well, well,
hopefully you don't go out and blow it at all.
Speaker 4 (26:04):
Exactly exactly, because you can also deceive yourself that you say, hey,
I saved five bucks a week, you know, a day
by not buying my coffee, and then you go out
on the weekend and you spend one hundred or whatever
it is is you know.
Speaker 2 (26:15):
That that's we've worked out. That's your magic.
Speaker 1 (26:18):
It's just an easy, easy round number.
Speaker 4 (26:22):
But you know what I'm saying, So you have to
it has to have some sort of common sense behind
it and just awareness. So if I don't want to
knock the apps, because if it gives you a sense
of awareness, then it helps you to pump the brakes. Great. Equally,
if cash and the envelope is a strategy that you
know keeps you on the path and you know, alerts
you to the fact that, hey, look, I've lost ten
(26:43):
pounds and save three hundred dollars a week by not
going to KFC or McDonalds. So what have you great?
I mean, I'm looking forward to the day when my
kid is out on his own he has to pay rent,
and then that restrains all this ridiculous money at the bars,
et cetera. He's going to have a bit of a
wake up moment. But you know that's going to be
a teachable moment for him if he can't make his
rent payment, you know, so that for him that that's
(27:04):
the learn of you know, having a mortgage, is paying
your rent right other thise your move back in with
your nagging mother.
Speaker 2 (27:12):
You're throwing up other topics here because I was about
to ask whether it's a good idea for parents to
charge their kids rent to prepare them for that reason.
Speaker 4 (27:19):
Yes, I do think it is. I mean I am
a bit of a softy wells of course were the students,
you know, But equally, I think that teaches them that,
you know, not getting everything for free, right, particularly when
when they reach a certain age.
Speaker 2 (27:33):
So it's yeah, that will save that to another day.
That that is a good one though. And also we
have talked about it a bit because there was a
lovely anecdotal story that somebody shared with us of their
parents charging them rent while they were at home for
a while and or bored, and then when they left home,
the parents returned it all with interest to help them
by their first half, and I thought, I thought that
(27:54):
was awesome story as well. Let's take some calls Janet, Hello, Hi,
how are you good? Thanks? How are you doing? Yeah?
Speaker 6 (28:03):
Good? I guess i'd share a system. I've been new
things for quite a while now. The first thing is
don't have a credit card because you lose track of
what you're spending. There's nothing more depressing than to a
worked hard all month and get your pay and it
all goes on the credit card.
Speaker 4 (28:21):
Yeah yeah, I agree.
Speaker 6 (28:24):
So you want to get your money and go, oh good,
what am I going to spend it on? So I
have one account that money goes, it's transferred into for
spending including bills, and I have a budget. So I
guess tomate how much my bills are going to be
each month, so power, water, que, irregular ones, and things
(28:50):
like insurance, I pro rider over the year, so I'd
divide it by twelve, so you're contributing each month towards that,
And so you get a total, a subtotal of what
you think you're going to spend for the money on
just the basics and food and whatever, and then what
your left with is your slash money for the one
(29:11):
off and the fun and all the rest of it.
And I also have a little calculation on my spreadsheet
where I can enter the number of days left in
the month. So if you've got three hundred dollars left,
and at the start of the month, you've got ten
dollars a day to spend. If it's the last day
of the month, you've got three hundred dollars left, you've
got three hundred dollars left for the day. So you
(29:34):
can kind of reward yourself later in the month if
you've been good earlier in the month, or you can
take what's left and assign it to an expense for
the next month and get yourself ahead.
Speaker 2 (29:45):
Sure you are organized, What what made you? Did you
do this? Because you saw the error of your ways
and you were reforming yourself or have you always been
quite for skilly sort of alert and responis.
Speaker 6 (29:57):
Oh, look, I left a job and I had to budget,
and I've been doing this for ten past years. And
then you can, once you've done it for a year,
you can just copy your history down so you've got
more of an idea of what you're doing.
Speaker 4 (30:14):
Yeah, sounds like a great system. And your earliest point too,
I hundred said. That's one thing that I can say
my kids haven't done, and I hope that doesn't change.
Is not getting a credit card because that prevents you
from spending money you don't have. And then once you're
once people get on that treadmill because it's also easy
to do. They're forever trying to dig themselves out of
(30:36):
the hole and complaining I can never get ahead financially
because they're paying money on money owed. So I think
that's a very smart, smart decision.
Speaker 2 (30:44):
Thanks for you, cool, Janet. I confess that I I
just we stick everything through the credit card because I
love the points.
Speaker 4 (30:50):
For the points. Yeah, it works for something as.
Speaker 2 (30:52):
Long as you can play it off, though, and if
you missed that date, you're ah.
Speaker 4 (30:56):
Yeah, yeah, yeah, Well you just set it up on
as an auto payment, right, so it gets sucked out
of your p.
Speaker 2 (31:01):
I have an alarm on my phone that goes off.
Is pay credit card? Do it manually? I don't know.
There's something that's just a control freaky thing.
Speaker 4 (31:08):
I'm not sure you can set it up for another
payment though.
Speaker 2 (31:11):
I'll have to have a look at that one. We'll
talk about that one in the break, but we'll be
back in just a moment. When to take your calls
on how are you tracking your spending? And is there
a particular app that you swear by because you can
share that with us too on eight hundred eighty ten eighty.
But also if you have changed your financial habits, what
was it that motivated it? Because I think it's one
(31:32):
of those things. It's like getting fit and healthy. You
can talk about it till the cows come home, but
when are you going to make the meaningful change? And
I'm sure when it comes to financial health, that's just
as big a challenge to give us a call eight
hundred eighty ten and eighty eighteen minutes two six News Talks.
It'd be My producer Tyra is so happy right now
because she loves Christmas and if you missed the show
on the first of November, she started playing Christmas music
(31:54):
and I was like, what the hell are you doing.
She's like, it's November, I can play Christmas music, not
on news talks. He'd be it's gonna be like two
months of Christmas.
Speaker 1 (32:02):
Were more happy people in the world.
Speaker 2 (32:05):
She's so happy right now. That is definitely one for
your playlist though. But anyway, this is smart Money, and
my guest is Amanda Morale talking about budgeting and how
you do it.
Speaker 7 (32:13):
Calvin Giday, Good Athene, Tim and good Athenoon to your guest, Amanda, Amanda,
there must be tens of thousands, could even be hundreds
of thousands of people like me who a lot of
the things you previously mentioned. I would know anything about
apps and all this sort of carry on. But I
(32:35):
do confess to having some automatic payments, you know, electricity,
newspaper account, phone account that's done automatically through the bank
as such. But I'm one of these people who I
love cash and when I go to the supermarket I
always come out normally with more money than what I
(32:55):
went in with. As such, You when I go to
the supermarket, I come out with more cash than what I.
Speaker 5 (33:02):
Went in with.
Speaker 2 (33:03):
Why how does that work? Pocketing?
Speaker 7 (33:06):
Well, it's because you keep away from apps and all
those different things which you two have been mentioning different.
It's a different lifestyle altogether out here.
Speaker 2 (33:14):
And for a lot of people, maybe you're going to
the supermarket and busking.
Speaker 7 (33:20):
Well inadvertently rating the till as such. But anyway, so
I in my lifetime, I've never ever had a credit card.
I wouldn't know what one was.
Speaker 4 (33:34):
Know.
Speaker 7 (33:34):
I use f POS which is f post card, which
is code really for cash.
Speaker 2 (33:41):
Yeah, well you don't see it happen either. That can
go bling as well, can't because but as.
Speaker 7 (33:46):
I say, but I do have the legal tender in
my hand hand more off than not when I go
and buy petrol and things like that and go to
the movies and a few other bits and pieces. But
so I was going to say that the app, the
app situation for me, it's a much easier lifestyle.
Speaker 2 (34:02):
Now.
Speaker 7 (34:02):
I fully realize a lot of people don't like cash.
Oh no, no, no, don't like cash.
Speaker 4 (34:06):
Me.
Speaker 7 (34:07):
I love cash. The more cache I have, the happier
I am cash.
Speaker 2 (34:13):
Yeah, we hear you altogether, now, Yeah, Hey, thanks Calvin.
He's completely made me forget what I was going to
ask you.
Speaker 3 (34:20):
Oh.
Speaker 2 (34:20):
Yes, So we have obliquely took talked about apps when
it comes to spending apps. But do you have particular
ones where and you're not giving specific financial advice and
things that would be worth people checking out if their
interested in and tracking their spending.
Speaker 4 (34:34):
Yeah, so I think it depends on your situation. So
what I would recommend there's about eight that are quite
well reviewed on money hub dot coded and said if
you look up got a moneyhub dot cod in and said,
look up their reviews on spending apps. Because well, again,
if you're looking for ones for your kids, for example,
(34:55):
to try to train them up on money, there's a
one called Square one split wise for students and flatmates
for multi accounts and customizations spend ye. Again, there's ones
that the banks have, so there's numerous ones, but it
really depends what you're looking for for your situation. So
(35:16):
again that's a good place to start is just looking
up that central Spinster Ali money hub review center for
for whatever it is you're looking money. So it's just
called money hub dot codin and is it and they
review everything under the sky, including spending habits. But what
they'll do is they'll go in and tell you why
each one is different from the other and how it's superior. Again,
(35:37):
because everybody's situation is different. As the last gentleman caller said,
but had no idea, and my situation is different. Again,
you might have somebody, a younger person who really wants
to heavily micromanage and funnel their accounts. They're you know,
banking out, might be you know, the the be's knees
in that regard. So it really depends what it is
you're looking for. One thing will I remember on the
(36:00):
budgeting side of things, is it's a free app and
it works holistically with a bunch of other things. Is
sort of dot org dead and dead I. I can't
say enough good things. And that's a free government. And
you can tie in like your whole situation too, including
(36:20):
where you're on track with your kiwisaver and how much
you're going to you know, potentially have for retirement. So
it's not just your day to day spending, but it's
more of a holistic picture. So for those individuals who
you know can't afford a good financial advisor, you can
DIY a lot of this stuff yourself, and that sort
of is a great place to start. You could plug
in all these inputs, change them. That's what I'm trying
(36:41):
to train my kids on doing so they can see
big picture of what's going on.
Speaker 2 (36:45):
Yeah, I think the journey I've got to go on
with my kids is that they they quite conscious of
the money that they've gotten, how they want to spend it,
but it cost to other things they've gotten. No, I
think they think Mum and Dad are the bottomless the
bottomless pit, and that's that's probably I'm not sure how
to imbue them with a sense of with the understanding
(37:07):
of that Mum and Dad are not bottomless money pets either,
but maybe saying.
Speaker 1 (37:10):
Just no money.
Speaker 4 (37:11):
It really depends how old they are and where they're
at for understanding that. It's you know, then I think this,
it's never too early to start. Well, obviously not where
they are in now peace, I don't think. But you know,
the sooner you get them started, the better. But then
you'll find your teenagers will come to a stage where
they want to start getting their hair colored or something
like that. Oh no, you know, then, yeah, prepare for
you know.
Speaker 2 (37:31):
What I'm going to teach myself how to I'm going
to look I do the ballet buns. It can't be
that much difficult.
Speaker 4 (37:37):
Different to the cost of those things is a watering,
So hopefully they're far away from that, or you make
them save for those kind of things.
Speaker 2 (37:45):
Well, luckily we have one with striking read here, which
she quite likes, and she's that's she just celebrates it
every day. You're spared fingers crossed on that one. Yeah. Absolutely,
we're going to take a moment back and a ticket's
eight minutes to six news talks. He'd be yes, welcome
back to the weekend collective. Gosh, smart money. That time
has flown, Amanda, marn I know what time is, excel reading.
(38:05):
Time flies when you're having fun. As they say, I've
got a good question for you here, though a quick one.
I'm not sure if we can get a quick answer
to this, Amanda. I've never had a credit card, but
my parents think I should get one so I can
build a credit score. So there's a couple of things.
Is there anything I can do the internet set It
might apply to the US, but not here in New Zealand.
Don't know, there's not enough information in that, but getting
(38:26):
a credit score or fixing your credit score, how do
you build that?
Speaker 4 (38:29):
Yeah, well, so a if you want to find out
what your credit score is currently, but it sounds like
this fellow or gal doesn't think they have one, but
you can find them up. There's a couple of different
credit reading agencies. But that's a quick Google search.
Speaker 2 (38:42):
How do you get a credit score? I think was question?
Speaker 4 (38:45):
But yeah, and so once you start, you know, the
typical consumer behavior, everything starts getting tracked. And that's everything
from you know, paying your rent on time, paying your
or your bills on time. Anything where you've been required
to pay things on time will all start to get tracked,
and then that builds in towards your credit score. Where
(39:06):
you start to get a bad credit score is missed payments,
et cetera. So it tracks all your financial behaviors. So
you know, it won't just be it depends what stage
of life this individual is at, because if they've got
no other if they're not paying rent or any bills
or anything like that, then yes, if they're buying things,
they may want to start building.
Speaker 2 (39:26):
The trap is it's like you don't want a credit cab,
but you still need to build a credit score.
Speaker 4 (39:31):
Yeah, but at the time in which, again you're paying
your mobile phone bill or your any sort of any bills,
And as soon as you start missing those, your credit
scores goes down. If you want to try to build
it up. If you failed, then you got to just
pay on time.
Speaker 2 (39:44):
Guess what times up? Thanks for listen. Check out the
podcast news it Be website iHeartRadio. Thanks my producer Tira
and Sunday at six is Neck For more from the
weekend collective. Listen live to news Talks it'd Be weekends
from three pm, or follow the podcast on iHeartRadio
Popular Podcasts
40s and Free Agents: NFL Draft Season
Daniel Jeremiah of Move the Sticks and Gregg Rosenthal of NFL Daily join forces to break down every team's needs this offseason.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.