January 19, 2025 • 39 mins
Imagine selling everything you own, starting a business, and hitting the road with your family—all while raising two young kids. Sounds impossible? Not for this week’s Money Diarist. After a life-changing experience in the NICU, she and her husband realised life is too short to wait for the “perfect” time to live their dream. So, they made it happen: selling their belongings, buying a caravan, and building a business that gives them the freedom to work from anywhere.
In this heartwarming and inspiring episode, we dive into how they turned skills into income, how they budget and save to keep their travel dreams alive, and the big goals they’re working toward—including being mortgage-free by 50. You’ll walk away feeling empowered to rethink what’s possible for your own life—because they’re proof you don’t need millions in the bank to live the life you want.
Victoria's book The Business Bible is available here.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hello, my name's Santasha Nabananga Bamblet. I'm a proud or
the Order Kerni Whaltbury 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.
(00:23):
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.
Speaker 2 (00:33):
Let's get into it.
Speaker 3 (00:34):
She's on the Money, She's on the Money.
Speaker 4 (00:57):
Hello, and welcome to She's on the Money, the podcast
us that let you be pervy on other people's financial
situations for educational purposes, of course.
Speaker 2 (01:06):
Welcome back to another one of our.
Speaker 4 (01:08):
Money Diaries episodes where I get the absolute privilege of
talking to someone from how She's on the Money community
all about their journey. Let's jump straight into it, because
this week I got a message and it sounded exactly
like this, Dear She's on the Money. After my youngest
spent time in the Niicquu, I realized how precious time,
really is. I didn't want to keep putting off the
(01:29):
dream of traveling with my family, but I had no
idea how we could make it work. That's when I
decided to get creative. I took my skills as a
paramedic and turned them into something completely different, a business
I could run from anywhere, and.
Speaker 2 (01:43):
It's given us so much freedom.
Speaker 4 (01:45):
Now we're raising our kids, investing in our future, and
finally getting to chase those travel dreams. The best part,
we didn't need to become millionaires to make it happen,
and I'd love to share how we did it.
Speaker 2 (01:57):
Money diarists, that sounds so excited.
Speaker 5 (02:00):
Yeah, it's more complicated than that in real life, but
it is a lot of fun. We've had a great journey.
Speaker 4 (02:07):
I'm sure, But like that was honestly a great little
clickbait loop.
Speaker 2 (02:11):
What do they call it?
Speaker 4 (02:12):
A hook to make us go, oh, she was a paramedic,
But what is she doing?
Speaker 2 (02:17):
How is she doing it?
Speaker 4 (02:18):
So let's dive straight in because I would love to
know more about this moneyed diarist before we get into it, though,
I want to know if I asked you to grade
your money.
Speaker 2 (02:26):
Habits from A through to F what grade would you
give them?
Speaker 5 (02:30):
I think probably a B minus B minus.
Speaker 4 (02:33):
All right, let's learn a little bit more about you
and your journey. My favorite question ever money Darist. Can
we dive a little bit more into your money story?
Speaker 5 (02:42):
Yeah, so, I'll go all the way back to be
an eighties baby. So I was raised by parents who
went through the difficulties in the nineties with the recession,
and money was always not tired. But everyone was conscious
of money, I guess, being raised by parents who were
very much like, we need a home, we need security.
(03:03):
Not that that was ever explicitly said to us as kids,
but it was always there, right for many families.
Speaker 2 (03:10):
I think of that generation, it's a tone like, it's
a feeling.
Speaker 5 (03:13):
Yeah, and yeah, you feel it for sure, even if
it's not said. You know that that's the most important
thing is to have a roof over your head, food
on the table, and everything else is after that. So
as I sort of got older, I realized that you
can do more than that with money if you have
the ability to do so, you know, as the economy
(03:35):
changed as I got older, and that kind of thing.
But you know, when you're raised that way, you always
have that undercot like I have to make sure I
have X, Y Z, and you feel guilty if you
don't do those things. So in my twenties, I was
earning quite a bit of money and I didn't particularly
want to follow that route. So I suppose I wasn't
(03:57):
as thoughtful with my money I could have been, because
I wasn't sure, you know, if I didn't want to
go to that same path, but I wasn't sure what
other options there were. So I just followed my love
of trouble, which is the only thing I've ever wanted
to do. And I spent all of our dollars, a
hardened dollars on traveling the world on my own, and
(04:18):
then when I met my husband as well. So yeah,
we've done lots of things after that, but that was
my younger years. That's how I spent all our dollars.
As that time went on and we had kids, we
sort of weren't too sure again how we could continue
that life. We went through covid own of Victoria, like
(04:38):
I'm sure you guys did, and then had our second
and I just thought, I really want to make this happen,
you know, for sure. I want to find a way
that we can have enough money to do exactly what
it is that we want, whatever it is that we want,
So we took a really long time to decide what
our priorities were, and then how do we go about
(05:01):
earning the money in the way we want to get
those priorities working for us? I guess yeah, to live
that life.
Speaker 4 (05:08):
Which literally sounds like the dream, right, like getting our
money in order, like so that we can live our
values and live our dream. Like I know you were like, oh,
you know, I didn't spend my money very thoughtfully in
my twenties, Like, babe, that's what your twenties were for,
to learn what you like and what you dislike. And
how would you know if you liked travel or not
if you didn't get those experiences. Like I think that
(05:29):
you did exactly what you were meant to do in
those moments, but I want to know more because like,
you can't just be like.
Speaker 2 (05:34):
Oh, I've kind of cracked the code.
Speaker 4 (05:36):
Guys, you don't need to be a millionaire, but you
can craft your life to live in line with your
values and.
Speaker 2 (05:42):
Travel, Like what do you do? How do you do it?
Speaker 4 (05:44):
Like my next question is meant to be like what
do you do for work and how much you earn,
but like, I feel like there's a bit more than
just your job. I want to know how you got
there and how you crafted this and even how you
had these conversations with your partner to go like life
could be better, Like we could create something here.
Speaker 5 (06:03):
So it was really when when our littlest was born
and he was in NICKQU, my husband was working a
billion hours a week. Luckily, you know, he was able
to keep his job through COVID. I'd taken a few
years off, you know, to be at home with our eldest,
and I was sitting in nick Q one day, and
you know, I knew I had all these skills, I
didn't really know what I was going to do about
(06:24):
going back to work. At the time that he was
in NICKQ, we were told in the early days that
there was a very strong likelihood that he would not
live a easy life. He would potentially have a significant
brain injury, and you know, we would have to adjust
our lives to fit around that, which of course we
were prepared to do. But I was like, I have
(06:45):
no idea what my future career is going to look like.
It's definitely not going back to the paramedic, so that's
not going to work if I have a child with
extreme physical needs. My husband's work was it's great, but
it's not enough to sustain a family for years and years,
you know, on just one income. And that's not what
we really wanted to do either. And one of the
(07:07):
nurses said to me, we've been talking for hours because
you have a one on one nurse and Nick you
like that. And she was just sitting and chatting to me,
and she said, what do you want to if you
could go home, take him home and he's healthy, what
would you do? And I said, well, I'd pack up
my house, I take my boys, work on my laptop,
and just travel until we feel like we're ready to
(07:31):
stop again. And she's like, well, then just do that.
I was like, okay, I guess I'm just going to
do that. So the next time I talked to my husband,
I was like, let's float this lady.
Speaker 4 (07:43):
I feel like that's crazy advice. I feel like it's
crazy advice at the same time as being like great
advice because like you would know that, like Nick, you
nurses like they're a next level special like their advice,
like they're warmt like to be a nick you nurse,
you're a super special human being for her to be
like cultivating this relationship with you and then just being like, hey,
(08:03):
money doves, just do it and you're like.
Speaker 2 (08:05):
Yeah, great, let's just do it.
Speaker 4 (08:07):
Like I feel like that was probably a very pivotal
conversation for you where you were like, yeah, you're right,
let's just do it. So what you went home, you
created a plan, like I need to ask, how's your
son now? Like he's obviously out of nick you because
you're traveling, but like what happened in that situation.
Speaker 5 (08:25):
Yeah, so he's two and a half now. He At
the point of that conversation, we still weren't one hundred
percent sure of how what his long term health would
be like, but we knew he was probably going to
come home. That conversation was literally the turning point of
our lives. The next time I spoke to my husband,
who managed to get COVID, well, our little one was
in NICKI no, and I said, why don't we just
(08:47):
sell everything we own, travel and just spend time with
our kids, because you know, we're in the paramedics. You see,
life is so short and it can end at any moment.
But you never think that's going to happened to you.
And those weeks that we thought he might not survive
really just brought home for us, right, what are we doing? Like,
(09:08):
what do we actually want from this life? We want
to spend time with our kids. Obviously that costs money,
so how do we what do we do? What does
that look like? So, you know, he said to me,
I used to work in medical admin before I was
a paramedic, so I can obviously talk to people and
I've got the admin skills. And he's like, why don't
you just do that? Like if you want to work, Like,
why don't we make that happen? So that's exactly what
(09:30):
we did. You know, he came home from nick You
we sold literally everything we owned and we bought a
caravan and went traveling around Australia and it was just
the best. Having that time together with my husband there
too gave me a chance to sort of grow my business,
so I could start out. There wasn't too much pressure
(09:50):
on me in the beginning because we had some savings,
and then yeah, just grew from there. A little bit
of word of mouth. I was doing some you know,
just sending out invoices for clients and booking appointments, and
then you know, that person recommended me to someone else,
and someone else and someone else, and on and on
we go, and two years later, I've been fully booked
for a while. We are in a house at the moment,
(10:13):
we've stopped for a little while, and I work around
my husband's house so there's always someone home with the
kids here. Works part time. I work part time. And
it's yeah, we travel whenever we can.
Speaker 2 (10:23):
That sounds like the dream. It is.
Speaker 5 (10:25):
It was our dream. I think that's there. Yeah, I
love it.
Speaker 2 (10:28):
So I need to get pervy though.
Speaker 4 (10:30):
Yeah, I know, but I think I love the idea
that the value at the crux of that is obviously
like travel, but spending quality time with your family. And
I just irrespective of whether you want to travel or
you want to, you know, create a big business or
do whatever, like, quality time with family is so special
and being able to prioritize that is theirpic. But I
(10:52):
need to know, like what is your job title, like
what is your business? And like how much money are
you earning? Because I think some people might go, oh great,
like she travels, she just lives in a caravan and
earns twenty grand a year and that's enough for them
to get by. But like, I know that's not the case.
So could you give us a bit of insight into, like,
quote your job description or what your clients would say
(11:12):
you do, and then how much money you earn.
Speaker 5 (11:14):
Yeah. Sure, So I am a virtual assistant. I work
specifically in Allied Health, where you can work in really
any field you want to. You can work for tradees
or whoever, so Allied Health virtual assistant. I work for myself.
I'm a sole trader. I've just increased the clients that
I'm working. At the moment, I'm working enough. I should
be on track to earn about sixty k this year.
(11:37):
That's part time. That obviously I have all my business
expenses and all those kinds of things. So that's my
best estimate for what I should earn this financial year.
Speaker 4 (11:46):
Yeah, that is very cool, and I have to be
super pervy. You're going to have to tell me what
does your husband do if he's able to work part
time as well.
Speaker 5 (11:53):
So he's a trade it's unusual for him to be
able to work part time. But we just sort of
we move somewhere where we knew that was a possibility
because trades are in higher demand and you can be
a little bit more open with your wants and needs.
And yeah, it worked out, but you know, we took
a bit of a leap. He asked the question and
got what he asked for. So yeah, it's lovely actually
(12:15):
because he despite him just working part time hours, he
has been able to keep a company car and he
has his phone paid for too, So those are expenses
that you know, we don't have to worry about. Running
a second car is so expensive, so be able to
keep that benefit has really been a bit of a
game changer for us too.
Speaker 4 (12:34):
So that's a total money win. Tell me a bit
more like I feel like you've I don't know you've
got it so sordid, but you probably still have some
big money goals.
Speaker 2 (12:43):
You came home one day and said to your husband,
all right, we're done.
Speaker 4 (12:46):
We're selling everything and we're traveling. After making that decision,
what are your big money goals? What are you currently
working towards.
Speaker 5 (12:53):
At the moment, we've given ourselves till the end of
next year, we're not too sure whether we want to
head off traveling again for time. At this stage, I
earn enough that we should be able to go overseas
and travel full time as long as we stick to
you know, like the cheaper country. So that's an option.
Maybe we want to move somewhere else, maybe have a
(13:13):
second place and live six months of the year in
the warm six months of the year and the cold.
We'll just tossing up a few ideas at the moment,
but one of the goals we really want to be
mortgage free by fifty that's one thing we both really want.
That's about twelve years away. And obviously saving for whatever
(13:34):
is going to happen at the end of next year,
whatever that is, more travel or you know, a second
home or whatever.
Speaker 4 (13:41):
So talk to me about saving and budgeting, because I
feel like to be able to achieve the lifestyle that
you have to be able to live in a home
right now and also be mortgage free by fifty, you
probably have to be pretty savvy, Like you can't just go, ah,
we just travel and do whatever we want like we
were in our early twenties.
Speaker 2 (14:00):
What does that now look like like?
Speaker 4 (14:01):
Are you sitting down with a spreadsheet every single day
or every single month, or are you just you know,
working it out as you go, like what's the plan,
Because saying something like oh, we want to be mortgage
free by fifty, in my head means that there must
be some kind of strategic plan at play in the background.
Speaker 5 (14:17):
Yeah, we definitely. I'm all over every dollar that we spend,
probably a little obsessively. We do zero dollar budgeting, so
we give every dollar that comes into our house a job,
whether that's you know, putting at the moment where saving
a little account to save up to renew our passports
in a five years time. So we trying to keep
(14:38):
a little bit of money tucked aside for every single
thing that could potentially come up. So we don't have
an emergency funders such or general savings as such. We
have lots of little tiny goals all in sort of
one or two big accounts, and we yeah, keeping one
that I'm in there every day, but I am working
on it once a week minimum, because it does take
(15:00):
a lot of budget. You know, we live in a
really little house. Well it's barely three bedroo. It's two
bedrooms and one bathroom for the four of us with
two raucous boys. That's chaotic. We've moved regionally so that
we don't have a huge housing cost or prices that
other you know, cities have. I grew up on the
Gold Coast. There's no way we could afford to live
(15:20):
on the Gold Coast. Now, I buy pretty much everything
from op shops. I've got probably enough clothes to last
everyone a week. That's about it. We don't have any
excess of anything. We don't have excess food, you know, clothing.
We don't drive if we don't have to. We walk
or we ride our bikes. We're very conscious of spending
(15:41):
more than we absolutely have to. So having said that,
I have a pensiant for takeaway coffee. We'll talk about
that later.
Speaker 4 (15:49):
But you know, I feel like everyone's got something right,
you've got to have something you cannot And I'm glad
that you said that, because I'm like, this woman is incredible,
Like she's budgeting, she's saving, like she's doing zero dollars budgeting,
Like this is crazy. And then you're like and the coffees.
I'm like, okay, it is a bit relatable, Like this
is good, this is good.
Speaker 2 (16:08):
So tell me.
Speaker 4 (16:09):
About this idea of no excess of anything. I love
that concept. Is that a way that you've always lived
or is this something that when you decided to sell
up shop and get rid of everything and travel for
the first time. You got rid of everything, because I
feel like for me to be able to get rid
of everything and travel, that just sounds like an admin nightmare.
Speaker 5 (16:30):
We it was. It definitely wasn't admid nightmare. I was
never very into like clothes or anything like that. So
we didn't have heaps of stuff, but we had a
normal family amount of things.
Speaker 2 (16:40):
Right one hundred percent.
Speaker 5 (16:41):
So when we got our caravan, we only had about
one hundred and fifty kilos of stuff that we could
put in. That included like bedding, gas bottles, saucepans, everything,
and that adds up very quickly. And we lived for
a year like that. And so when we moved into
our house, we were like, we really don't need all of
(17:03):
the things. We don't need, you know, three fry pans.
It's nice to have, but we don't need them. You know,
I don't need well, no, I need an air fry
That's the one thing I missed the whole time we
were away.
Speaker 4 (17:13):
Can you fit an air fryer? I feel like you
could fit an air fryer in a caravan. I feel
like that's a good idea.
Speaker 5 (17:19):
Yes, we only had twelve volts, so all along I
was like, quick find power and you know, plug something
in and just quickly eat sup and then get rid
of it again.
Speaker 4 (17:27):
What type of stuff have you accumulated excess of? You
were saying before, like, well, we have some stuff we
don't need, Like, I don't think I've ever thought about
that in my house. I'm like, I need my stuff,
please don't take it away. Like do you look through
your house now and go we don't need that and
want to get rid of it?
Speaker 5 (17:43):
Yes, I mean I know. It's totally change my mindset.
My husband hates it because he likes having things. So
I'm like, why have we got eight towls? We don't
need eight towels. Let's get rid of four of them.
Let's donate them. He's like, could we just not? Can
we just have towers? Is that okay? And we have
a lot of books. That's one that you can't take
(18:04):
those obviously in the caravan. They're way too heavy. So
we're both readers, so we've got stacks of books. I'm like,
these are unnecessary, but I'm not going to get rid
of them till we leave again.
Speaker 2 (18:14):
That's so fair.
Speaker 4 (18:15):
Are you putting things in storage when you're traveling or
are you literally getting rid of it and then you know,
accumulating stuff when you park again.
Speaker 5 (18:23):
When we left for our chapran Australia, we got rid
of everything. It was mostly stuff that we both had
before we got married, and it was really old. I've
been together for like twelve years, so it was oldest
stuff and it was due for replacement. So we gave
it away to a young lady who was moving into
her first rental. That felt like a nice thing to
do this time. If we leave, I would say, we'll
(18:46):
probably rent our house out furnished, just to save the
drama of trying to move a couch and all those things.
But it's definitely changed out. Before I would have been like,
I don't want to rent my house that was furniture
in it. I don't want someone sleeping on my couch
and stuff like that. And now I'm like, eh, it's
just a couch, like he cas. It's replaceable if you
(19:07):
really need it, or you can just have memories. You know,
that's fine too. So it's changed the way we look
at things that aren't essential, you know.
Speaker 2 (19:14):
I love that.
Speaker 4 (19:15):
I feel like it's a really healthy mindset shift. Like
going from feeling like maybe you don't have the life
you want now having the life you want and realizing
it was never about stuff but more about experiences is
something I think we can all learn from. Like there's
this great quote that says, if you're not content with
what you already have, more stuff is not going to
(19:35):
make you more content, And I just think you're living
that and that's really cool.
Speaker 5 (19:39):
Yeah, I think it's served us well here. The little
town that we live in is a mining town, so
as you can imagine, there's lots of people with lots
of money. Some of the houses are stunning, Like I mean,
I wouldn't say no to one of those houses if
someone gave me one, but I don't feel the need
to have it where I think it is very ingred
(20:00):
in our culture to have the biggest upgrade things, you know,
like upgrade the car and upgrade your house. And not
that there's anything wrong with that, but I love that
I don't feel the need to do that because it
just takes the pressure off. You'm not worried about it.
Speaker 2 (20:13):
Oh totally.
Speaker 4 (20:14):
I think it's so healthy. All right, let's go to
a really quick break. On the flip side, I want
to talk to you a little bit more about this
mortgage free by fifty. I want to talk about investing,
I want to talk about your debts, and then I
also want to talk about this coffee habit you mentioned,
because I feel like that's going to make this a
little bit more relatable.
Speaker 2 (20:30):
So guys, don't go anywhere Money Diarist.
Speaker 4 (20:36):
We are back, and I just feel like this has
been such a fun chat and to get to mortgage
free by fifty is a pretty big goal, right, Like
you've set this. I know that you are a spreadsheeting queen.
But before we get into me asking you about your
investments and how you're doing.
Speaker 2 (20:51):
That, how did you start budgeting?
Speaker 4 (20:54):
Like your spreadsheet that you said you're going into on
a daily basis and then working on every week is
on your phone?
Speaker 2 (21:00):
Is it on a laptop?
Speaker 5 (21:01):
Like?
Speaker 4 (21:02):
How are you managing this? And did you download something
like where are we beginning?
Speaker 5 (21:06):
Yes? So it's actually it's not a spreadsheet, it's an
app that I use. I wasn't too sure if I
should mention another.
Speaker 2 (21:10):
Oh, you can mention anything. What app is it?
Speaker 5 (21:13):
I use a wine app? Which is since you need
a budget.
Speaker 2 (21:17):
I've heard this is fantastic.
Speaker 5 (21:19):
It's incredible. I downloaded it by chance when I was
pregnant with my eldest. By the way, he's asked me
to give him a shout out if that's okay, Hello Darla.
Speaker 2 (21:29):
He can have as many shout outs as he wants.
Speaker 5 (21:31):
Hi, don't forget mum, please mention me.
Speaker 2 (21:36):
Oh of course angel.
Speaker 5 (21:38):
So yeah, when I was pregnant with him, I was like, well,
our income's about to be terrible, so let's look into
every kind of budgeting that we can. So I came
across the Wine Up podcast, and then of course I
came across your podcast and or not. It went from
there and the app the Wine Up has has been
like a game change of us, combined with all the
other you know, verbal resources that we've got on podcas
(22:00):
and it really just really looks at making sure that
you've got enough money to do what you need it
to do until the next time you get paid, which
I find is specially helpful when you have a variable income.
So I have that app. Yeah, that app is with
me all the time. My husband has like obviously has
access to it, but he can see it live. So
if I change something, he can see it and vice versa.
Speaker 4 (22:22):
Oh, that's actually really helpful because so many people ask
us questions about apps and I'm like, well, I don't
really know. We used to have pocketbook that went away,
Like people talk about why NAB, but I haven't used it.
And one of the main questions is I want to
have a budget, but I want to be able to
share it with my partner or like we can edit
it and see what's going on.
Speaker 2 (22:41):
That is great feedback.
Speaker 5 (22:42):
Yeah, it's great, and I think you can actually add.
Don't quote because we don't use it, but I think
you can add like your kids and they cannot see
your budget, but they can have access to their own
within your family. I'm not too sure how that we.
Speaker 2 (22:54):
Well, dad is cool. I will look into this.
Speaker 5 (22:58):
Yeah, it's been a life saver for us really, And
apart from that, I love my numbers, so a lot
of it sits in my head because I just enjoy
doing maths all day walking around the house.
Speaker 4 (23:07):
You're preaching to the converted, Like, I'm not going to
think you're crazy for that. I would actually be like,
call me, tell me what you're up to.
Speaker 5 (23:15):
Especially I try to do like compounding interest sums in
my head, I'm like, just do it on the computer.
Speaker 2 (23:20):
Oh, that's actually a little bit complicated.
Speaker 4 (23:22):
After the first year, I'm like, this isn't going to
work in my head anymore.
Speaker 5 (23:27):
Yeah, So using that up really showed us where we
have not excess money because it doesn't allow for excess money.
It gives every dollar a job, but it allows you
to see where you can move in your budget to
put extra money towards your mortgage. So at the moment
we pay I think it's just strive five hundred a
week towards our mortgage. That's the minimum repayment. And then
(23:49):
at the moment we're doing one hundred dollars a week extra.
And as the months go on in our app, I'm like, oh,
I can pull ten dollars from that fund and ten
dollars from that and I can just save eight dollars
a week instead of ten dollars for our passport, So
that gives two dollars more for our mortgage. So each
three months, we're going to add another fifty dollars per
(24:11):
week to our mortgage, if that makes sense. We're gonna
up the repayments, the extra payments by another fifty dollars
until we sort of get to the point where we're like,
I got no more WIGOROUM for now, I would just
have to stop there. And I'm thinking that I'll be
at around three fifty four hundred extra a week. I've
worked that at that should get us done by.
Speaker 4 (24:30):
Fifty which is very cool because I think so many
people like I love the way you're talking about this
as well, because you're like using numbers that are really relatable.
You're like, okay, cool, well if I move ten dollars here,
like I'll be able to save eight dollars here, Like
those small things add up, and you've probably looked at
all of the mortgage calculators online, but these little amounts
(24:50):
do genuinely add up. So like ten dollars here in there,
if you're not in this budgeting space, you might think, oh,
that's like you know, a coffee or two, that doesn't matter,
like why would I bother putting that on my mortgage.
But at the end of the day, these little amounts
add up over time, and you're going to end up
paying your mortgage off sooner than other people in similar situations,
(25:12):
just because these do have compounding impacts, right, So how
have you seen these small amounts start to impact you
being able to pay off your mortgage sooner, because like
being able to pay a couple of one hundred dollars
off from all those small steps is actually a massive feat.
Speaker 5 (25:28):
I think it's just mostly about being conscious of it.
And when you've got a card in your hand and
no record of what you're spending other than a bank statement,
it's so easy that you just lose five dollars here
and ten dollars there, and if you actually see it,
you know, moving from this account where you can spend
it to an account where you don't want to spend it,
(25:50):
so onto your mortgage. It's like that positive feedback loop, right,
You're like, oh, that feels good. I'm going to do
that again and again and again, and every single time
just feels Yeah. We really are enjoying putting money on
the mortgage because it's a tangible asset I suppose for us,
and we're like, oh, we can touch it and it's there.
You know, if when we're got little kids it feels safer,
(26:15):
it will probably because it is, you know. Yeah, So
we're just really giving ourselves positive feedback and it's yeah,
helping immensely.
Speaker 2 (26:23):
Yeah, I love that.
Speaker 4 (26:24):
So with this idea to have your mortgage gone by fifty,
are you investing if so in what what's the plan
around that?
Speaker 5 (26:31):
Yeah, so we use Pearler. We at the moment, we're
not investing as much as we have in the past,
and that for us, the Pearler account is mostly being
used to save to do some investing for our kids.
So my folks give them like ten dollars each week
and we put that into a Pearler account for them
and we match that. So that's what we're doing at
(26:52):
the moment. But in the past we've been putting more
in and then it felt like it was too much.
You know, we didn't really care he let it properly.
I was like, oh, yeah, I'll just throw that much
in there, and I didn't really think about it properly.
I heard you on a podcast with someone else the
other day talking about this, and you're like, you better
to just take a little step rather than going gung ho,
(27:12):
And then like, no, I don't like it. It's too much, like.
Speaker 4 (27:16):
Exactly, like baby steps in the right direction mean that
nothing becomes overwhelming, Like how many times have I like
and maybe this is just me talking from my own experience,
like and being a little bit adhd.
Speaker 2 (27:27):
I'm like, all right, well now.
Speaker 4 (27:29):
I'm really passionate about this hobby, and like I go
boots and all in. In the week after, I'm like, I
didn't really like that. So I think that we need
to like test the borders and see what happens. And
you know, if you're putting too much into it, like
and it's impacting the rest of your world, Like that's
not positive. And I know that investing for kids is
so important, and like I adore that you're doing that,
(27:51):
But one of the best ways to put their financial
security and their financial future first is to invest in
yourselves and pay off your mortgage and be financially secure
and role model that because they're more likely to be
financially secure in the future, not just because you know,
when they got to eighteen they had a little trust
fund of some cash that they could blow. Like, I
(28:11):
think it's the behaviors and it's you know, the underlying
tone of money that you teach that is so much
more important than what you can invest. But still, like,
investing is clearly very important, and I don't know a
passion project of mine if you hadn't picked up on that.
Speaker 5 (28:25):
No, I mean your podcast is what taught me about
I was like, you're investing in oh etsaw, that sounds
scary when we're on the road. I was like, I
just binged your podcast traveling.
Speaker 2 (28:35):
Oh so I've been around Australia too, you have. I'm
so lucky.
Speaker 5 (28:40):
I was like, why is on my internet working? Victoria's
halfway through a podcast. I'm not happy about this.
Speaker 2 (28:46):
I'm sorry about that.
Speaker 4 (28:47):
Sorry, So you've got to download the whole episode to
make sure that it doesn't cut out.
Speaker 5 (28:51):
Yes, but yeah, And so I was like, okay, well
we can do that. We can just check ten dollars
in here and there. And it's really addictive when it
going up. I'm like, oh my gosh, this is we
went a little bit too hard.
Speaker 4 (29:04):
But that's okay, because like you were able to pull
back a bit and now you kind of know your
limits and what you're working on. And I think that
that's a good learning as well.
Speaker 5 (29:11):
Yeah, I think too. I know one of the questions
you're going to ask is like, what it's one of
your good money habits, and that sort of ties into it.
I'm like, we've become really good at working at what
our priorities are. I think, and you know, at the moment,
our priority is a time with our kids and having
a fund to travel, and also them having a safe
place to live always. So we're able to do those
(29:34):
three things not much more, but that's what we're able
to do right now, and we can just be happy
with that, and that's great. Like, I love that we
can just be comfortable with that.
Speaker 2 (29:42):
I adore that so much.
Speaker 4 (29:44):
And just the idea that your priority is to give
your kids a safe space, like is a much bigger
concept than you probably imagine it to be. Like so
many people would just take that for granted. But then
on the flip side, so many people will be saying,
I I just had that, Like that is honestly so
special and like it's honestly one of my biggest goals
(30:06):
is to just always be that safe place. And to
do that, you actually have to have a good hold
of your financial literacy. You have to have a good
hold of your investing because otherwise you're not able to
create that sustainably. So tell me a bit more about debt.
I want to know you mentioned your mortgage. How much
is your mortgage? What are we paying off? Do we
have any other debts floating around? How do we feel
(30:29):
about it?
Speaker 5 (30:29):
So we've got our mortgage which is three fifty just
to touch over that, so I think, yeah, our payments
that just shire five hundred a week and that I mean,
I've got hecteat. I try not to I think about it,
but I'm sort of like, I'm not going to stress
about it. So far, I haven't earned enough to need
to pay it, like since I've had the kids. So
I'm just like, I'll deal with that problem maybe one day.
Speaker 2 (30:52):
Honestly. Yeah, I'm on your team for that one.
Speaker 5 (30:55):
Yeah, that's it. No other debts. We have talked about
getting a credit card to you use it like a
you know, to pay our bills on it and then
have our money in our read or account for our
mortgage and just save a bit of interest that way.
We're both very like nervous about that because we don't
want to have any other depths or you know, anything
(31:16):
like that. And even though we know it would get
paid off, it's still a bit risky for us. So
that's it. That's us, very basic.
Speaker 4 (31:25):
No, But I love that and I feel like it's
a good consideration to have because for so many people,
a credit card is something that is a slippery slope,
and you've kind of got to know your limits and
you go maybe like the benefits don't outweigh the risk,
And to be honest, I like.
Speaker 2 (31:39):
Being a little bit conservative. I don't care if it's
a bit boring, that's fine by me.
Speaker 4 (31:44):
Now, you told me before about your good money habits,
which I adore, but you also mentioned coffee. Do you
have any other bad habits?
Speaker 2 (31:53):
What are they? How are you working through them?
Speaker 4 (31:56):
Can you just have a little bit of a confession
with us, because I feel like you've been too good too.
Speaker 5 (32:00):
Oh no, I'm definitely not good. I think probably the
nerves got Jimmy. So my husband does on call as well,
and we don't use those callouts as a predictable sort
of budget, like, oh, next month, we should don't x
amount because it's sort of unpredictable and well, I don't
know if it's a bad habit, but we certainly don't
(32:20):
put that to as good use as we could. You know,
it's quite a fair bit of money if he does
even one call out. I'm like, that's a significant amount
of forbody that we could put jars, our mortgage or whatever.
But we're like, oh, we aren't it. We need to
go away for the weekend, Like we haven't. There's two
hundred and something dollars for you know whatever, let's go
get expensive ice cream and take the kids to time zone.
(32:43):
So I sometimes feel like we should probably rain that
in a little bit, but you know, the mum, part
of my brain's life, we have to enjoy ourselves.
Speaker 4 (32:50):
Kids are only young once, Like there's going to be
a period of time where you go, kids, do you
want to go to time zone? And they go, no, Mum,
that's lame, Like I don't want that to happen yet
for my son.
Speaker 2 (33:01):
So I don't know.
Speaker 4 (33:02):
I feel like you need to make hay while the
sun is shining as well, Like we've got to live
a little as well and enjoy the journey.
Speaker 5 (33:08):
Yeah, I mean we have I suppose built into it
income already. We have like that fun money. So I'm
just like, oh, I look at this bonus fun money,
which I think we're gonna have to sit down and
be like, okay, let's be as somewhat more intentional. Maybe
half of those call out you know, extra money can
be fun and half can be towards our travel goals
or whatever, so it's definitely a jog. Although you know
(33:28):
you're like, I just want to hang out with my kids.
They're fun. Like my six year old is so much fun.
He's a wild and he loves does though I.
Speaker 4 (33:36):
Feel like nobody talks about this enough, Like you always
get the people that are like, just wait until they're
fore just wait until they're six, Oh, just wait until
they're a teenager, And like, I don't know, hanging out
with my nearly one year old is so fun, Like
he is the best, and like every day I feel
like he just gets better. So I can just imagine,
like when he's six, that would be the most fun.
(34:00):
I don't know. I feel like having kids, if that
was like a choice that you made, is a privilege obviously,
but like, just wait until they want to hang out
with you.
Speaker 2 (34:09):
Now.
Speaker 4 (34:09):
At the start of this episode, you said, look, they
I reckon. I'm a B minus and I was like, okay,
tell me about it, and then you went on about
how you literally live in line with your values and
your goals. You're got to pay off your mortgage by
fifty like you've got a full plan. You're like a
budgeting queen. You've introduced me properly to why NAB and
I cannot wait, Like I want to talk to you,
but I also want to get off this podcast so
(34:30):
I can go and download the app and play with
it myself. Like, I feel like you are a very
cool individual. You're investing for your kids. Yeah, you like
maybe overinvested a little bit and have like pulled that
back a bit, But that just tells me that you
know your limits and your budgets and what's going on.
Speaker 2 (34:48):
How would you get to an A plus?
Speaker 4 (34:50):
Is it about having a little bit more restraint with
your additional fun money? Like I can't think of how
you would get to an A plus, So I want
to you from you what your plan is?
Speaker 5 (35:01):
Sure? I think in my twenties I earned a lot
of SUPER because my income was quite high. And then
when I took I didn't really plan on being a
state home on for those few years, but COVID had,
you know, other plans for us, and I missed out
on SUPER. We just didn't even consider my husband putting
some of his income into my SUPER just wasn't something
that came up. But he has been saying for the
(35:24):
last couple of years. Don't forget. We need to really
repay your super, you know, the years that you missed
out on.
Speaker 4 (35:29):
So I love that that's a priority for him though,
And it's not you asking him, it's him telling you,
like king behavior.
Speaker 5 (35:36):
Oh yeah, he's great like that. He did his apprenticeship
as a mature age student when I was earning heaps
of money. So it's all We've always been very like
one high and one low, like a whole relationship your team. Yeah, yeah,
for sure, it's all one fund. But I'm like, oh gosh,
I don't have as much super. I've just got just
shy of one hundred km my super and that doesn't
feel like enough. I'm thirty eight.
Speaker 4 (35:59):
That's a lot of money for thirty eight, Like that's impressive.
But at the same time, I totally understand how much
you were earning before, and that would feel like you're
going backwards.
Speaker 5 (36:10):
Yeah, it does. It does feel like for me. For
it to be an a plus, i'd have to Yeah,
it'd be at least another fifty grand in there, at
least at this stage. And yeah, much more mindful with
this extra money that we get from call out and
things like that.
Speaker 4 (36:27):
I feel like you've got a good handle on it though,
Like I feel like you've got some really good clarity
on what you would need to do to get to
an A plus.
Speaker 2 (36:34):
And sometimes you talk to people and they're.
Speaker 4 (36:36):
Like, oh, I actually don't know what it would take
to get to an A plus, but you're like, oh, actually,
V so my super is here and this is what
I need. Like, I just love that you've thought of
everything and you're like, oh no, we're already having these
conversations and there's a plan in place. So basically, by
the time you're fifty and you've paid off your mortgage,
your super is probably going to be in line and
everything's going to have worked out and you're going to
be a plus fifty year olds.
Speaker 2 (36:57):
That's so exciting.
Speaker 5 (36:58):
Yeah, I mean it feels like a million years, doesn't it.
But every year, well, every day counts. I think I've
learned that, yeah, for sure, mostly from your podcast.
Speaker 4 (37:06):
I still remember high school, Like I look back and
a go that was like only a couple of years ago,
and it wasn't.
Speaker 2 (37:11):
It wasn't just a couple of years ago.
Speaker 4 (37:13):
It was you know, double digits ago plus, and I
just go.
Speaker 2 (37:18):
Ah, time really does fly, doesn't it.
Speaker 5 (37:21):
Especially when you have kids. You're like, wait a second,
we aren't you just born yesterday? What's happened to the
last six years of my life?
Speaker 4 (37:27):
Exactly exactly, But it sounds like you are absolutely making
the most of it.
Speaker 2 (37:32):
I adore this story.
Speaker 4 (37:33):
I love that you've shared how you've you know, been
able to travel, been able to live the lives that
you want, and not have to become millionaires to do it. Like,
I think that there's a massive misconception to have that
level of freedom you need millions or even hundreds of
thousands of dollars in the bank, and that's just not
the reality of the situation. Sometimes it's just doing it money, diarist,
(37:55):
I wish I had more time. This has been an
absolute pleasure. Thank you so much for sharing this with me.
I adore it.
Speaker 2 (38:01):
It's so special.
Speaker 5 (38:02):
Thank you, Oh thanks for having me. I had a
good time. The nerves got to me in the beginning,
but I really appreciate the chat. It was lovely.
Speaker 4 (38:09):
I promise I'm not scary like this, No need to
be nervous, Like I'm just a girl wanting to hang
out and be pervy on your money.
Speaker 5 (38:16):
That's like, how do I rate myself. Oh my goodness,
to be minus. She's not gonna be happy.
Speaker 2 (38:21):
No, when have I ever? Oh my gosh, I get it.
I get it. But at the same time, my friend,
I just love a coffee and a yap as well,
Like I just do.
Speaker 5 (38:32):
I love it. Thanks for having me.
Speaker 2 (38:35):
Thanks so much.
Speaker 6 (38:43):
Did buy shared on She's on the Money is general
in nature and does not consider your individual circumstances. She's
on the Money exists purely for educational purposes and should
not be relied upon to make an investment or financial decision.
If you do choose to buy a financial product, read
the PDSTMD and obtain appropriate financial advice.
Speaker 2 (39:02):
Tailored towards your needs.
Speaker 6 (39:04):
Victoria Divine and She's on the Money are authorized representatives
of Money sherper P T y lt D A b
N three two one six four nine two seven seven
zero eight AFS L four five one two eight nine
Hello, my name's Santasha Nabananga Bamblet. I'm a proud or
the Order Kerni Whaltbury 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.
(00:23):
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.
Speaker 2 (00:33):
Let's get into it.
Speaker 3 (00:34):
She's on the Money, She's on the Money.
Speaker 4 (00:57):
Hello, and welcome to She's on the Money, the podcast
us that let you be pervy on other people's financial
situations for educational purposes, of course.
Speaker 2 (01:06):
Welcome back to another one of our.
Speaker 4 (01:08):
Money Diaries episodes where I get the absolute privilege of
talking to someone from how She's on the Money community
all about their journey. Let's jump straight into it, because
this week I got a message and it sounded exactly
like this, Dear She's on the Money. After my youngest
spent time in the Niicquu, I realized how precious time,
really is. I didn't want to keep putting off the
(01:29):
dream of traveling with my family, but I had no
idea how we could make it work. That's when I
decided to get creative. I took my skills as a
paramedic and turned them into something completely different, a business
I could run from anywhere, and.
Speaker 2 (01:43):
It's given us so much freedom.
Speaker 4 (01:45):
Now we're raising our kids, investing in our future, and
finally getting to chase those travel dreams. The best part,
we didn't need to become millionaires to make it happen,
and I'd love to share how we did it.
Speaker 2 (01:57):
Money diarists, that sounds so excited.
Speaker 5 (02:00):
Yeah, it's more complicated than that in real life, but
it is a lot of fun. We've had a great journey.
Speaker 4 (02:07):
I'm sure, But like that was honestly a great little
clickbait loop.
Speaker 2 (02:11):
What do they call it?
Speaker 4 (02:12):
A hook to make us go, oh, she was a paramedic,
But what is she doing?
Speaker 2 (02:17):
How is she doing it?
Speaker 4 (02:18):
So let's dive straight in because I would love to
know more about this moneyed diarist before we get into it, though,
I want to know if I asked you to grade
your money.
Speaker 2 (02:26):
Habits from A through to F what grade would you
give them?
Speaker 5 (02:30):
I think probably a B minus B minus.
Speaker 4 (02:33):
All right, let's learn a little bit more about you
and your journey. My favorite question ever money Darist. Can
we dive a little bit more into your money story?
Speaker 5 (02:42):
Yeah, so, I'll go all the way back to be
an eighties baby. So I was raised by parents who
went through the difficulties in the nineties with the recession,
and money was always not tired. But everyone was conscious
of money, I guess, being raised by parents who were
very much like, we need a home, we need security.
(03:03):
Not that that was ever explicitly said to us as kids,
but it was always there, right for many families.
Speaker 2 (03:10):
I think of that generation, it's a tone like, it's
a feeling.
Speaker 5 (03:13):
Yeah, and yeah, you feel it for sure, even if
it's not said. You know that that's the most important
thing is to have a roof over your head, food
on the table, and everything else is after that. So
as I sort of got older, I realized that you
can do more than that with money if you have
the ability to do so, you know, as the economy
(03:35):
changed as I got older, and that kind of thing.
But you know, when you're raised that way, you always
have that undercot like I have to make sure I
have X, Y Z, and you feel guilty if you
don't do those things. So in my twenties, I was
earning quite a bit of money and I didn't particularly
want to follow that route. So I suppose I wasn't
(03:57):
as thoughtful with my money I could have been, because
I wasn't sure, you know, if I didn't want to
go to that same path, but I wasn't sure what
other options there were. So I just followed my love
of trouble, which is the only thing I've ever wanted
to do. And I spent all of our dollars, a
hardened dollars on traveling the world on my own, and
(04:18):
then when I met my husband as well. So yeah,
we've done lots of things after that, but that was
my younger years. That's how I spent all our dollars.
As that time went on and we had kids, we
sort of weren't too sure again how we could continue
that life. We went through covid own of Victoria, like
(04:38):
I'm sure you guys did, and then had our second
and I just thought, I really want to make this happen,
you know, for sure. I want to find a way
that we can have enough money to do exactly what
it is that we want, whatever it is that we want,
So we took a really long time to decide what
our priorities were, and then how do we go about
(05:01):
earning the money in the way we want to get
those priorities working for us? I guess yeah, to live
that life.
Speaker 4 (05:08):
Which literally sounds like the dream, right, like getting our
money in order, like so that we can live our
values and live our dream. Like I know you were like, oh,
you know, I didn't spend my money very thoughtfully in
my twenties, Like, babe, that's what your twenties were for,
to learn what you like and what you dislike. And
how would you know if you liked travel or not
if you didn't get those experiences. Like I think that
(05:29):
you did exactly what you were meant to do in
those moments, but I want to know more because like,
you can't just be like.
Speaker 2 (05:34):
Oh, I've kind of cracked the code.
Speaker 4 (05:36):
Guys, you don't need to be a millionaire, but you
can craft your life to live in line with your
values and.
Speaker 2 (05:42):
Travel, Like what do you do? How do you do it?
Speaker 4 (05:44):
Like my next question is meant to be like what
do you do for work and how much you earn,
but like, I feel like there's a bit more than
just your job. I want to know how you got
there and how you crafted this and even how you
had these conversations with your partner to go like life
could be better, Like we could create something here.
Speaker 5 (06:03):
So it was really when when our littlest was born
and he was in NICKQU, my husband was working a
billion hours a week. Luckily, you know, he was able
to keep his job through COVID. I'd taken a few
years off, you know, to be at home with our eldest,
and I was sitting in nick Q one day, and
you know, I knew I had all these skills, I
didn't really know what I was going to do about
(06:24):
going back to work. At the time that he was
in NICKQ, we were told in the early days that
there was a very strong likelihood that he would not
live a easy life. He would potentially have a significant
brain injury, and you know, we would have to adjust
our lives to fit around that, which of course we
were prepared to do. But I was like, I have
(06:45):
no idea what my future career is going to look like.
It's definitely not going back to the paramedic, so that's
not going to work if I have a child with
extreme physical needs. My husband's work was it's great, but
it's not enough to sustain a family for years and years,
you know, on just one income. And that's not what
we really wanted to do either. And one of the
(07:07):
nurses said to me, we've been talking for hours because
you have a one on one nurse and Nick you
like that. And she was just sitting and chatting to me,
and she said, what do you want to if you
could go home, take him home and he's healthy, what
would you do? And I said, well, I'd pack up
my house, I take my boys, work on my laptop,
and just travel until we feel like we're ready to
(07:31):
stop again. And she's like, well, then just do that.
I was like, okay, I guess I'm just going to
do that. So the next time I talked to my husband,
I was like, let's float this lady.
Speaker 4 (07:43):
I feel like that's crazy advice. I feel like it's
crazy advice at the same time as being like great
advice because like you would know that, like Nick, you
nurses like they're a next level special like their advice,
like they're warmt like to be a nick you nurse,
you're a super special human being for her to be
like cultivating this relationship with you and then just being like, hey,
(08:03):
money doves, just do it and you're like.
Speaker 2 (08:05):
Yeah, great, let's just do it.
Speaker 4 (08:07):
Like I feel like that was probably a very pivotal
conversation for you where you were like, yeah, you're right,
let's just do it. So what you went home, you
created a plan, like I need to ask, how's your
son now? Like he's obviously out of nick you because
you're traveling, but like what happened in that situation.
Speaker 5 (08:25):
Yeah, so he's two and a half now. He At
the point of that conversation, we still weren't one hundred
percent sure of how what his long term health would
be like, but we knew he was probably going to
come home. That conversation was literally the turning point of
our lives. The next time I spoke to my husband,
who managed to get COVID, well, our little one was
in NICKI no, and I said, why don't we just
(08:47):
sell everything we own, travel and just spend time with
our kids, because you know, we're in the paramedics. You see,
life is so short and it can end at any moment.
But you never think that's going to happened to you.
And those weeks that we thought he might not survive
really just brought home for us, right, what are we doing? Like,
(09:08):
what do we actually want from this life? We want
to spend time with our kids. Obviously that costs money,
so how do we what do we do? What does
that look like? So, you know, he said to me,
I used to work in medical admin before I was
a paramedic, so I can obviously talk to people and
I've got the admin skills. And he's like, why don't
you just do that? Like if you want to work, Like,
why don't we make that happen? So that's exactly what
(09:30):
we did. You know, he came home from nick You
we sold literally everything we owned and we bought a
caravan and went traveling around Australia and it was just
the best. Having that time together with my husband there
too gave me a chance to sort of grow my business,
so I could start out. There wasn't too much pressure
(09:50):
on me in the beginning because we had some savings,
and then yeah, just grew from there. A little bit
of word of mouth. I was doing some you know,
just sending out invoices for clients and booking appointments, and
then you know, that person recommended me to someone else,
and someone else and someone else, and on and on
we go, and two years later, I've been fully booked
for a while. We are in a house at the moment,
(10:13):
we've stopped for a little while, and I work around
my husband's house so there's always someone home with the
kids here. Works part time. I work part time. And
it's yeah, we travel whenever we can.
Speaker 2 (10:23):
That sounds like the dream. It is.
Speaker 5 (10:25):
It was our dream. I think that's there. Yeah, I
love it.
Speaker 2 (10:28):
So I need to get pervy though.
Speaker 4 (10:30):
Yeah, I know, but I think I love the idea
that the value at the crux of that is obviously
like travel, but spending quality time with your family. And
I just irrespective of whether you want to travel or
you want to, you know, create a big business or
do whatever, like, quality time with family is so special
and being able to prioritize that is theirpic. But I
(10:52):
need to know, like what is your job title, like
what is your business? And like how much money are
you earning? Because I think some people might go, oh great,
like she travels, she just lives in a caravan and
earns twenty grand a year and that's enough for them
to get by. But like, I know that's not the case.
So could you give us a bit of insight into, like,
quote your job description or what your clients would say
(11:12):
you do, and then how much money you earn.
Speaker 5 (11:14):
Yeah. Sure, So I am a virtual assistant. I work
specifically in Allied Health, where you can work in really
any field you want to. You can work for tradees
or whoever, so Allied Health virtual assistant. I work for myself.
I'm a sole trader. I've just increased the clients that
I'm working. At the moment, I'm working enough. I should
be on track to earn about sixty k this year.
(11:37):
That's part time. That obviously I have all my business
expenses and all those kinds of things. So that's my
best estimate for what I should earn this financial year.
Speaker 4 (11:46):
Yeah, that is very cool, and I have to be
super pervy. You're going to have to tell me what
does your husband do if he's able to work part
time as well.
Speaker 5 (11:53):
So he's a trade it's unusual for him to be
able to work part time. But we just sort of
we move somewhere where we knew that was a possibility
because trades are in higher demand and you can be
a little bit more open with your wants and needs.
And yeah, it worked out, but you know, we took
a bit of a leap. He asked the question and
got what he asked for. So yeah, it's lovely actually
(12:15):
because he despite him just working part time hours, he
has been able to keep a company car and he
has his phone paid for too, So those are expenses
that you know, we don't have to worry about. Running
a second car is so expensive, so be able to
keep that benefit has really been a bit of a
game changer for us too.
Speaker 4 (12:34):
So that's a total money win. Tell me a bit
more like I feel like you've I don't know you've
got it so sordid, but you probably still have some
big money goals.
Speaker 2 (12:43):
You came home one day and said to your husband,
all right, we're done.
Speaker 4 (12:46):
We're selling everything and we're traveling. After making that decision,
what are your big money goals? What are you currently
working towards.
Speaker 5 (12:53):
At the moment, we've given ourselves till the end of
next year, we're not too sure whether we want to
head off traveling again for time. At this stage, I
earn enough that we should be able to go overseas
and travel full time as long as we stick to
you know, like the cheaper country. So that's an option.
Maybe we want to move somewhere else, maybe have a
(13:13):
second place and live six months of the year in
the warm six months of the year and the cold.
We'll just tossing up a few ideas at the moment,
but one of the goals we really want to be
mortgage free by fifty that's one thing we both really want.
That's about twelve years away. And obviously saving for whatever
(13:34):
is going to happen at the end of next year,
whatever that is, more travel or you know, a second
home or whatever.
Speaker 4 (13:41):
So talk to me about saving and budgeting, because I
feel like to be able to achieve the lifestyle that
you have to be able to live in a home
right now and also be mortgage free by fifty, you
probably have to be pretty savvy, Like you can't just go, ah,
we just travel and do whatever we want like we
were in our early twenties.
Speaker 2 (14:00):
What does that now look like like?
Speaker 4 (14:01):
Are you sitting down with a spreadsheet every single day
or every single month, or are you just you know,
working it out as you go, like what's the plan,
Because saying something like oh, we want to be mortgage
free by fifty, in my head means that there must
be some kind of strategic plan at play in the background.
Speaker 5 (14:17):
Yeah, we definitely. I'm all over every dollar that we spend,
probably a little obsessively. We do zero dollar budgeting, so
we give every dollar that comes into our house a job,
whether that's you know, putting at the moment where saving
a little account to save up to renew our passports
in a five years time. So we trying to keep
(14:38):
a little bit of money tucked aside for every single
thing that could potentially come up. So we don't have
an emergency funders such or general savings as such. We
have lots of little tiny goals all in sort of
one or two big accounts, and we yeah, keeping one
that I'm in there every day, but I am working
on it once a week minimum, because it does take
(15:00):
a lot of budget. You know, we live in a
really little house. Well it's barely three bedroo. It's two
bedrooms and one bathroom for the four of us with
two raucous boys. That's chaotic. We've moved regionally so that
we don't have a huge housing cost or prices that
other you know, cities have. I grew up on the
Gold Coast. There's no way we could afford to live
(15:20):
on the Gold Coast. Now, I buy pretty much everything
from op shops. I've got probably enough clothes to last
everyone a week. That's about it. We don't have any
excess of anything. We don't have excess food, you know, clothing.
We don't drive if we don't have to. We walk
or we ride our bikes. We're very conscious of spending
(15:41):
more than we absolutely have to. So having said that,
I have a pensiant for takeaway coffee. We'll talk about
that later.
Speaker 4 (15:49):
But you know, I feel like everyone's got something right,
you've got to have something you cannot And I'm glad
that you said that, because I'm like, this woman is incredible,
Like she's budgeting, she's saving, like she's doing zero dollars budgeting,
Like this is crazy. And then you're like and the coffees.
I'm like, okay, it is a bit relatable, Like this
is good, this is good.
Speaker 2 (16:08):
So tell me.
Speaker 4 (16:09):
About this idea of no excess of anything. I love
that concept. Is that a way that you've always lived
or is this something that when you decided to sell
up shop and get rid of everything and travel for
the first time. You got rid of everything, because I
feel like for me to be able to get rid
of everything and travel, that just sounds like an admin nightmare.
Speaker 5 (16:30):
We it was. It definitely wasn't admid nightmare. I was
never very into like clothes or anything like that. So
we didn't have heaps of stuff, but we had a
normal family amount of things.
Speaker 2 (16:40):
Right one hundred percent.
Speaker 5 (16:41):
So when we got our caravan, we only had about
one hundred and fifty kilos of stuff that we could
put in. That included like bedding, gas bottles, saucepans, everything,
and that adds up very quickly. And we lived for
a year like that. And so when we moved into
our house, we were like, we really don't need all of
(17:03):
the things. We don't need, you know, three fry pans.
It's nice to have, but we don't need them. You know,
I don't need well, no, I need an air fry
That's the one thing I missed the whole time we
were away.
Speaker 4 (17:13):
Can you fit an air fryer? I feel like you
could fit an air fryer in a caravan. I feel
like that's a good idea.
Speaker 5 (17:19):
Yes, we only had twelve volts, so all along I
was like, quick find power and you know, plug something
in and just quickly eat sup and then get rid
of it again.
Speaker 4 (17:27):
What type of stuff have you accumulated excess of? You
were saying before, like, well, we have some stuff we
don't need, Like, I don't think I've ever thought about
that in my house. I'm like, I need my stuff,
please don't take it away. Like do you look through
your house now and go we don't need that and
want to get rid of it?
Speaker 5 (17:43):
Yes, I mean I know. It's totally change my mindset.
My husband hates it because he likes having things. So
I'm like, why have we got eight towls? We don't
need eight towels. Let's get rid of four of them.
Let's donate them. He's like, could we just not? Can
we just have towers? Is that okay? And we have
a lot of books. That's one that you can't take
(18:04):
those obviously in the caravan. They're way too heavy. So
we're both readers, so we've got stacks of books. I'm like,
these are unnecessary, but I'm not going to get rid
of them till we leave again.
Speaker 2 (18:14):
That's so fair.
Speaker 4 (18:15):
Are you putting things in storage when you're traveling or
are you literally getting rid of it and then you know,
accumulating stuff when you park again.
Speaker 5 (18:23):
When we left for our chapran Australia, we got rid
of everything. It was mostly stuff that we both had
before we got married, and it was really old. I've
been together for like twelve years, so it was oldest
stuff and it was due for replacement. So we gave
it away to a young lady who was moving into
her first rental. That felt like a nice thing to
do this time. If we leave, I would say, we'll
(18:46):
probably rent our house out furnished, just to save the
drama of trying to move a couch and all those things.
But it's definitely changed out. Before I would have been like,
I don't want to rent my house that was furniture
in it. I don't want someone sleeping on my couch
and stuff like that. And now I'm like, eh, it's
just a couch, like he cas. It's replaceable if you
(19:07):
really need it, or you can just have memories. You know,
that's fine too. So it's changed the way we look
at things that aren't essential, you know.
Speaker 2 (19:14):
I love that.
Speaker 4 (19:15):
I feel like it's a really healthy mindset shift. Like
going from feeling like maybe you don't have the life
you want now having the life you want and realizing
it was never about stuff but more about experiences is
something I think we can all learn from. Like there's
this great quote that says, if you're not content with
what you already have, more stuff is not going to
(19:35):
make you more content, And I just think you're living
that and that's really cool.
Speaker 5 (19:39):
Yeah, I think it's served us well here. The little
town that we live in is a mining town, so
as you can imagine, there's lots of people with lots
of money. Some of the houses are stunning, Like I mean,
I wouldn't say no to one of those houses if
someone gave me one, but I don't feel the need
to have it where I think it is very ingred
(20:00):
in our culture to have the biggest upgrade things, you know,
like upgrade the car and upgrade your house. And not
that there's anything wrong with that, but I love that
I don't feel the need to do that because it
just takes the pressure off. You'm not worried about it.
Speaker 2 (20:13):
Oh totally.
Speaker 4 (20:14):
I think it's so healthy. All right, let's go to
a really quick break. On the flip side, I want
to talk to you a little bit more about this
mortgage free by fifty. I want to talk about investing,
I want to talk about your debts, and then I
also want to talk about this coffee habit you mentioned,
because I feel like that's going to make this a
little bit more relatable.
Speaker 2 (20:30):
So guys, don't go anywhere Money Diarist.
Speaker 4 (20:36):
We are back, and I just feel like this has
been such a fun chat and to get to mortgage
free by fifty is a pretty big goal, right, Like
you've set this. I know that you are a spreadsheeting queen.
But before we get into me asking you about your
investments and how you're doing.
Speaker 2 (20:51):
That, how did you start budgeting?
Speaker 4 (20:54):
Like your spreadsheet that you said you're going into on
a daily basis and then working on every week is
on your phone?
Speaker 2 (21:00):
Is it on a laptop?
Speaker 5 (21:01):
Like?
Speaker 4 (21:02):
How are you managing this? And did you download something
like where are we beginning?
Speaker 5 (21:06):
Yes? So it's actually it's not a spreadsheet, it's an
app that I use. I wasn't too sure if I
should mention another.
Speaker 2 (21:10):
Oh, you can mention anything. What app is it?
Speaker 5 (21:13):
I use a wine app? Which is since you need
a budget.
Speaker 2 (21:17):
I've heard this is fantastic.
Speaker 5 (21:19):
It's incredible. I downloaded it by chance when I was
pregnant with my eldest. By the way, he's asked me
to give him a shout out if that's okay, Hello Darla.
Speaker 2 (21:29):
He can have as many shout outs as he wants.
Speaker 5 (21:31):
Hi, don't forget mum, please mention me.
Speaker 2 (21:36):
Oh of course angel.
Speaker 5 (21:38):
So yeah, when I was pregnant with him, I was like, well,
our income's about to be terrible, so let's look into
every kind of budgeting that we can. So I came
across the Wine Up podcast, and then of course I
came across your podcast and or not. It went from
there and the app the Wine Up has has been
like a game change of us, combined with all the
other you know, verbal resources that we've got on podcas
(22:00):
and it really just really looks at making sure that
you've got enough money to do what you need it
to do until the next time you get paid, which
I find is specially helpful when you have a variable income.
So I have that app. Yeah, that app is with
me all the time. My husband has like obviously has
access to it, but he can see it live. So
if I change something, he can see it and vice versa.
Speaker 4 (22:22):
Oh, that's actually really helpful because so many people ask
us questions about apps and I'm like, well, I don't
really know. We used to have pocketbook that went away,
Like people talk about why NAB, but I haven't used it.
And one of the main questions is I want to
have a budget, but I want to be able to
share it with my partner or like we can edit
it and see what's going on.
Speaker 2 (22:41):
That is great feedback.
Speaker 5 (22:42):
Yeah, it's great, and I think you can actually add.
Don't quote because we don't use it, but I think
you can add like your kids and they cannot see
your budget, but they can have access to their own
within your family. I'm not too sure how that we.
Speaker 2 (22:54):
Well, dad is cool. I will look into this.
Speaker 5 (22:58):
Yeah, it's been a life saver for us really, And
apart from that, I love my numbers, so a lot
of it sits in my head because I just enjoy
doing maths all day walking around the house.
Speaker 4 (23:07):
You're preaching to the converted, Like, I'm not going to
think you're crazy for that. I would actually be like,
call me, tell me what you're up to.
Speaker 5 (23:15):
Especially I try to do like compounding interest sums in
my head, I'm like, just do it on the computer.
Speaker 2 (23:20):
Oh, that's actually a little bit complicated.
Speaker 4 (23:22):
After the first year, I'm like, this isn't going to
work in my head anymore.
Speaker 5 (23:27):
Yeah, So using that up really showed us where we
have not excess money because it doesn't allow for excess money.
It gives every dollar a job, but it allows you
to see where you can move in your budget to
put extra money towards your mortgage. So at the moment
we pay I think it's just strive five hundred a
week towards our mortgage. That's the minimum repayment. And then
(23:49):
at the moment we're doing one hundred dollars a week extra.
And as the months go on in our app, I'm like, oh,
I can pull ten dollars from that fund and ten
dollars from that and I can just save eight dollars
a week instead of ten dollars for our passport, So
that gives two dollars more for our mortgage. So each
three months, we're going to add another fifty dollars per
(24:11):
week to our mortgage, if that makes sense. We're gonna
up the repayments, the extra payments by another fifty dollars
until we sort of get to the point where we're like,
I got no more WIGOROUM for now, I would just
have to stop there. And I'm thinking that I'll be
at around three fifty four hundred extra a week. I've
worked that at that should get us done by.
Speaker 4 (24:30):
Fifty which is very cool because I think so many
people like I love the way you're talking about this
as well, because you're like using numbers that are really relatable.
You're like, okay, cool, well if I move ten dollars here,
like I'll be able to save eight dollars here, Like
those small things add up, and you've probably looked at
all of the mortgage calculators online, but these little amounts
(24:50):
do genuinely add up. So like ten dollars here in there,
if you're not in this budgeting space, you might think, oh,
that's like you know, a coffee or two, that doesn't matter,
like why would I bother putting that on my mortgage.
But at the end of the day, these little amounts
add up over time, and you're going to end up
paying your mortgage off sooner than other people in similar situations,
(25:12):
just because these do have compounding impacts, right, So how
have you seen these small amounts start to impact you
being able to pay off your mortgage sooner, because like
being able to pay a couple of one hundred dollars
off from all those small steps is actually a massive feat.
Speaker 5 (25:28):
I think it's just mostly about being conscious of it.
And when you've got a card in your hand and
no record of what you're spending other than a bank statement,
it's so easy that you just lose five dollars here
and ten dollars there, and if you actually see it,
you know, moving from this account where you can spend
it to an account where you don't want to spend it,
(25:50):
so onto your mortgage. It's like that positive feedback loop, right,
You're like, oh, that feels good. I'm going to do
that again and again and again, and every single time
just feels Yeah. We really are enjoying putting money on
the mortgage because it's a tangible asset I suppose for us,
and we're like, oh, we can touch it and it's there.
You know, if when we're got little kids it feels safer,
(26:15):
it will probably because it is, you know. Yeah, So
we're just really giving ourselves positive feedback and it's yeah,
helping immensely.
Speaker 2 (26:23):
Yeah, I love that.
Speaker 4 (26:24):
So with this idea to have your mortgage gone by fifty,
are you investing if so in what what's the plan
around that?
Speaker 5 (26:31):
Yeah, so we use Pearler. We at the moment, we're
not investing as much as we have in the past,
and that for us, the Pearler account is mostly being
used to save to do some investing for our kids.
So my folks give them like ten dollars each week
and we put that into a Pearler account for them
and we match that. So that's what we're doing at
(26:52):
the moment. But in the past we've been putting more
in and then it felt like it was too much.
You know, we didn't really care he let it properly.
I was like, oh, yeah, I'll just throw that much
in there, and I didn't really think about it properly.
I heard you on a podcast with someone else the
other day talking about this, and you're like, you better
to just take a little step rather than going gung ho,
(27:12):
And then like, no, I don't like it. It's too much, like.
Speaker 4 (27:16):
Exactly, like baby steps in the right direction mean that
nothing becomes overwhelming, Like how many times have I like
and maybe this is just me talking from my own experience,
like and being a little bit adhd.
Speaker 2 (27:27):
I'm like, all right, well now.
Speaker 4 (27:29):
I'm really passionate about this hobby, and like I go
boots and all in. In the week after, I'm like, I
didn't really like that. So I think that we need
to like test the borders and see what happens. And
you know, if you're putting too much into it, like
and it's impacting the rest of your world, Like that's
not positive. And I know that investing for kids is
so important, and like I adore that you're doing that,
(27:51):
But one of the best ways to put their financial
security and their financial future first is to invest in
yourselves and pay off your mortgage and be financially secure
and role model that because they're more likely to be
financially secure in the future, not just because you know,
when they got to eighteen they had a little trust
fund of some cash that they could blow. Like, I
(28:11):
think it's the behaviors and it's you know, the underlying
tone of money that you teach that is so much
more important than what you can invest. But still, like,
investing is clearly very important, and I don't know a
passion project of mine if you hadn't picked up on that.
Speaker 5 (28:25):
No, I mean your podcast is what taught me about
I was like, you're investing in oh etsaw, that sounds
scary when we're on the road. I was like, I
just binged your podcast traveling.
Speaker 2 (28:35):
Oh so I've been around Australia too, you have. I'm
so lucky.
Speaker 5 (28:40):
I was like, why is on my internet working? Victoria's
halfway through a podcast. I'm not happy about this.
Speaker 2 (28:46):
I'm sorry about that.
Speaker 4 (28:47):
Sorry, So you've got to download the whole episode to
make sure that it doesn't cut out.
Speaker 5 (28:51):
Yes, but yeah, And so I was like, okay, well
we can do that. We can just check ten dollars
in here and there. And it's really addictive when it
going up. I'm like, oh my gosh, this is we
went a little bit too hard.
Speaker 4 (29:04):
But that's okay, because like you were able to pull
back a bit and now you kind of know your
limits and what you're working on. And I think that
that's a good learning as well.
Speaker 5 (29:11):
Yeah, I think too. I know one of the questions
you're going to ask is like, what it's one of
your good money habits, and that sort of ties into it.
I'm like, we've become really good at working at what
our priorities are. I think, and you know, at the moment,
our priority is a time with our kids and having
a fund to travel, and also them having a safe
place to live always. So we're able to do those
(29:34):
three things not much more, but that's what we're able
to do right now, and we can just be happy
with that, and that's great. Like, I love that we
can just be comfortable with that.
Speaker 2 (29:42):
I adore that so much.
Speaker 4 (29:44):
And just the idea that your priority is to give
your kids a safe space, like is a much bigger
concept than you probably imagine it to be. Like so
many people would just take that for granted. But then
on the flip side, so many people will be saying,
I I just had that, Like that is honestly so
special and like it's honestly one of my biggest goals
(30:06):
is to just always be that safe place. And to
do that, you actually have to have a good hold
of your financial literacy. You have to have a good
hold of your investing because otherwise you're not able to
create that sustainably. So tell me a bit more about debt.
I want to know you mentioned your mortgage. How much
is your mortgage? What are we paying off? Do we
have any other debts floating around? How do we feel
(30:29):
about it?
Speaker 5 (30:29):
So we've got our mortgage which is three fifty just
to touch over that, so I think, yeah, our payments
that just shire five hundred a week and that I mean,
I've got hecteat. I try not to I think about it,
but I'm sort of like, I'm not going to stress
about it. So far, I haven't earned enough to need
to pay it, like since I've had the kids. So
I'm just like, I'll deal with that problem maybe one day.
Speaker 2 (30:52):
Honestly. Yeah, I'm on your team for that one.
Speaker 5 (30:55):
Yeah, that's it. No other debts. We have talked about
getting a credit card to you use it like a
you know, to pay our bills on it and then
have our money in our read or account for our
mortgage and just save a bit of interest that way.
We're both very like nervous about that because we don't
want to have any other depths or you know, anything
(31:16):
like that. And even though we know it would get
paid off, it's still a bit risky for us. So
that's it. That's us, very basic.
Speaker 4 (31:25):
No, But I love that and I feel like it's
a good consideration to have because for so many people,
a credit card is something that is a slippery slope,
and you've kind of got to know your limits and
you go maybe like the benefits don't outweigh the risk,
And to be honest, I like.
Speaker 2 (31:39):
Being a little bit conservative. I don't care if it's
a bit boring, that's fine by me.
Speaker 4 (31:44):
Now, you told me before about your good money habits,
which I adore, but you also mentioned coffee. Do you
have any other bad habits?
Speaker 2 (31:53):
What are they? How are you working through them?
Speaker 4 (31:56):
Can you just have a little bit of a confession
with us, because I feel like you've been too good too.
Speaker 5 (32:00):
Oh no, I'm definitely not good. I think probably the
nerves got Jimmy. So my husband does on call as well,
and we don't use those callouts as a predictable sort
of budget, like, oh, next month, we should don't x
amount because it's sort of unpredictable and well, I don't
know if it's a bad habit, but we certainly don't
(32:20):
put that to as good use as we could. You know,
it's quite a fair bit of money if he does
even one call out. I'm like, that's a significant amount
of forbody that we could put jars, our mortgage or whatever.
But we're like, oh, we aren't it. We need to
go away for the weekend, Like we haven't. There's two
hundred and something dollars for you know whatever, let's go
get expensive ice cream and take the kids to time zone.
(32:43):
So I sometimes feel like we should probably rain that
in a little bit, but you know, the mum, part
of my brain's life, we have to enjoy ourselves.
Speaker 4 (32:50):
Kids are only young once, Like there's going to be
a period of time where you go, kids, do you
want to go to time zone? And they go, no, Mum,
that's lame, Like I don't want that to happen yet
for my son.
Speaker 2 (33:01):
So I don't know.
Speaker 4 (33:02):
I feel like you need to make hay while the
sun is shining as well, Like we've got to live
a little as well and enjoy the journey.
Speaker 5 (33:08):
Yeah, I mean we have I suppose built into it
income already. We have like that fun money. So I'm
just like, oh, I look at this bonus fun money,
which I think we're gonna have to sit down and
be like, okay, let's be as somewhat more intentional. Maybe
half of those call out you know, extra money can
be fun and half can be towards our travel goals
or whatever, so it's definitely a jog. Although you know
(33:28):
you're like, I just want to hang out with my kids.
They're fun. Like my six year old is so much fun.
He's a wild and he loves does though I.
Speaker 4 (33:36):
Feel like nobody talks about this enough, Like you always
get the people that are like, just wait until they're
fore just wait until they're six, Oh, just wait until
they're a teenager, And like, I don't know, hanging out
with my nearly one year old is so fun, Like
he is the best, and like every day I feel
like he just gets better. So I can just imagine,
like when he's six, that would be the most fun.
(34:00):
I don't know. I feel like having kids, if that
was like a choice that you made, is a privilege obviously,
but like, just wait until they want to hang out
with you.
Speaker 2 (34:09):
Now.
Speaker 4 (34:09):
At the start of this episode, you said, look, they
I reckon. I'm a B minus and I was like, okay,
tell me about it, and then you went on about
how you literally live in line with your values and
your goals. You're got to pay off your mortgage by
fifty like you've got a full plan. You're like a
budgeting queen. You've introduced me properly to why NAB and
I cannot wait, Like I want to talk to you,
but I also want to get off this podcast so
(34:30):
I can go and download the app and play with
it myself. Like, I feel like you are a very
cool individual. You're investing for your kids. Yeah, you like
maybe overinvested a little bit and have like pulled that
back a bit, But that just tells me that you
know your limits and your budgets and what's going on.
Speaker 2 (34:48):
How would you get to an A plus?
Speaker 4 (34:50):
Is it about having a little bit more restraint with
your additional fun money? Like I can't think of how
you would get to an A plus, So I want
to you from you what your plan is?
Speaker 5 (35:01):
Sure? I think in my twenties I earned a lot
of SUPER because my income was quite high. And then
when I took I didn't really plan on being a
state home on for those few years, but COVID had,
you know, other plans for us, and I missed out
on SUPER. We just didn't even consider my husband putting
some of his income into my SUPER just wasn't something
that came up. But he has been saying for the
(35:24):
last couple of years. Don't forget. We need to really
repay your super, you know, the years that you missed
out on.
Speaker 4 (35:29):
So I love that that's a priority for him though,
And it's not you asking him, it's him telling you,
like king behavior.
Speaker 5 (35:36):
Oh yeah, he's great like that. He did his apprenticeship
as a mature age student when I was earning heaps
of money. So it's all We've always been very like
one high and one low, like a whole relationship your team. Yeah, yeah,
for sure, it's all one fund. But I'm like, oh gosh,
I don't have as much super. I've just got just
shy of one hundred km my super and that doesn't
feel like enough. I'm thirty eight.
Speaker 4 (35:59):
That's a lot of money for thirty eight, Like that's impressive.
But at the same time, I totally understand how much
you were earning before, and that would feel like you're
going backwards.
Speaker 5 (36:10):
Yeah, it does. It does feel like for me. For
it to be an a plus, i'd have to Yeah,
it'd be at least another fifty grand in there, at
least at this stage. And yeah, much more mindful with
this extra money that we get from call out and
things like that.
Speaker 4 (36:27):
I feel like you've got a good handle on it though,
Like I feel like you've got some really good clarity
on what you would need to do to get to
an A plus.
Speaker 2 (36:34):
And sometimes you talk to people and they're.
Speaker 4 (36:36):
Like, oh, I actually don't know what it would take
to get to an A plus, but you're like, oh, actually,
V so my super is here and this is what
I need. Like, I just love that you've thought of
everything and you're like, oh no, we're already having these
conversations and there's a plan in place. So basically, by
the time you're fifty and you've paid off your mortgage,
your super is probably going to be in line and
everything's going to have worked out and you're going to
be a plus fifty year olds.
Speaker 2 (36:57):
That's so exciting.
Speaker 5 (36:58):
Yeah, I mean it feels like a million years, doesn't it.
But every year, well, every day counts. I think I've
learned that, yeah, for sure, mostly from your podcast.
Speaker 4 (37:06):
I still remember high school, Like I look back and
a go that was like only a couple of years ago,
and it wasn't.
Speaker 2 (37:11):
It wasn't just a couple of years ago.
Speaker 4 (37:13):
It was you know, double digits ago plus, and I
just go.
Speaker 2 (37:18):
Ah, time really does fly, doesn't it.
Speaker 5 (37:21):
Especially when you have kids. You're like, wait a second,
we aren't you just born yesterday? What's happened to the
last six years of my life?
Speaker 4 (37:27):
Exactly exactly, But it sounds like you are absolutely making
the most of it.
Speaker 2 (37:32):
I adore this story.
Speaker 4 (37:33):
I love that you've shared how you've you know, been
able to travel, been able to live the lives that
you want, and not have to become millionaires to do it. Like,
I think that there's a massive misconception to have that
level of freedom you need millions or even hundreds of
thousands of dollars in the bank, and that's just not
the reality of the situation. Sometimes it's just doing it money, diarist,
(37:55):
I wish I had more time. This has been an
absolute pleasure. Thank you so much for sharing this with me.
I adore it.
Speaker 2 (38:01):
It's so special.
Speaker 5 (38:02):
Thank you, Oh thanks for having me. I had a
good time. The nerves got to me in the beginning,
but I really appreciate the chat. It was lovely.
Speaker 4 (38:09):
I promise I'm not scary like this, No need to
be nervous, Like I'm just a girl wanting to hang
out and be pervy on your money.
Speaker 5 (38:16):
That's like, how do I rate myself. Oh my goodness,
to be minus. She's not gonna be happy.
Speaker 2 (38:21):
No, when have I ever? Oh my gosh, I get it.
I get it. But at the same time, my friend,
I just love a coffee and a yap as well,
Like I just do.
Speaker 5 (38:32):
I love it. Thanks for having me.
Speaker 2 (38:35):
Thanks so much.
Speaker 6 (38:43):
Did buy shared on She's on the Money is general
in nature and does not consider your individual circumstances. She's
on the Money exists purely for educational purposes and should
not be relied upon to make an investment or financial decision.
If you do choose to buy a financial product, read
the PDSTMD and obtain appropriate financial advice.
Speaker 2 (39:02):
Tailored towards your needs.
Speaker 6 (39:04):
Victoria Divine and She's on the Money are authorized representatives
of Money sherper P T y lt D A b
N three two one six four nine two seven seven
zero eight AFS L four five one two eight nine
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