She's On The Money

Growing up, this week’s Money Diarist knew there was no money. She’s a First Nations woman who grew up surrounded by domestic violence, gambling, alcoholism and financial hardship. At nine, she escaped with her mum and brother, quite literally leaving with a backpack and hiding until it was safe to come home. She watched her mum rebuild from absolutely nothing. But while that showed her incredible resilience, it didn’t magically teach her how to manage money. She started working at 14 and spent every dollar she earned. At 19 she became pregnant, at 20 she became a mum, and by 22 she was raising her son alone and studying nursing, determined that life could look different. It wasn’t an overnight transformation. There were years of living paycheck to paycheck, impulsive spending and high-interest loans. Even when she and her now-husband both started earning more, they realised something pretty confronting: more money hadn’t actually changed their financial position. So they changed their habits instead. Now she earns just under $150,000 in nursing leadership, has completed her master’s, has gone from five debts to two in the space of a year, is preparing to build her family’s first home and has started investing for all three of her children. Because they’re small. But her children are growing up talking about investing, saving, bills and what things actually cost. Things she was never taught herself.
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What do you mean someone wants to jeopardise your First Home Buyers eligibility without some sort of equity in return?!
This week’s Friday Drinks is filled with diabolical dilemmas and chats concerning guarantorships, LMCT petrol stations, and *checks notes* if kids should be Airtagged?
Join Victoria, Bec and Jess for car-heavy Broke Tips, Money Wins and a bunch of solid podcast rec’s. True crime, anyone?
ASK AN EXPERT: Chat to a professional mortgage broker about your eligibility for various grants, before signing anything. The Zella team is here and ready to help at https://www.zella.com.au/book-consultation/
PETROL SPY: Make like Bec and find the cheapest fuel in your area over here https://petrolspy.com.au/map
TRUE CRIME GIRLIES, RISE UP: Seeking another pod to binge? Here are some of the pods V mentioned in this episode Morbid, Two Girls One Ghost, Serialously
https://open.spotify.com/show/1cpyLfDHP1cNnyOb478qrt?si=f844f0f9712e4467
https://open.spotify.com/show/4aFNuODLKP1NvhQb7P3Kbn?si=718e11e8703a4b19
https://open.spotify.com/show/6HdheEH8WeMTHoe5da34qU?si=2aed06b37c754689
New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you.
Acknowledgement of Country By Nartarsha Bamblett (nartarshabamblett.com.au)
The advice 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 PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289
See omnystudio.com/listener for privacy information.

Some of us want to buy a house. Some of us wanna retire early. Some of us want a little more coin on the other side of our retirement. No matter what your financial goals are, here are our very best tips for making $100k by the time you turn 35.
Join Victoria and Bec on the Deep Dive couch as they discuss how to tackle this goal in three parts: earning, spending and managing your money. Plus, some things you can do to ensure that there aren’t any leaks in your budget, or in your ongoing income.
And if you happen to be on the other side of 35 already, these solid money habits are still worth considering to amplify your wealth in the long run.
UNHINGED WAYS TO EARN: Take us back. Tune into Jess and Bec’s episodes on unhinged hacks for saving a little extra coin over here and here, or search Unhinged savings hacks wherever you get your podcasts.
BROOKE’S FIRE PLAN: Stream it and see if it might work for you over on our Youtube channel: youtube.com/watch?v=NsuXtMcFLM8
GET THAT BAG: Asking for a pay rise? Here are some tips to help you have the chat over on our blog, search payrise at shesonthemoney.com/blog
EXTRA SHIFTS COMIN’ RIGHT UP: Earn a little extra on the side with the Supp platform over at suppapp.com/
Acknowledgement of Country By Nartarsha Bamblett (nartarshabamblett.com.au)
The advice 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 PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289.
See omnystudio.com/listener for privacy information.

At 18, this week’s Money Diarist was approached at work by a man who told her she could make serious money at a club. Plot twist: it was a strip club.
She went from earning almost nothing to making hundreds of dollars an hour, and at one point tracked nearly $200,000 in cash earnings over a relatively short period. The problem? She was spending almost as quickly as she could earn it. Then life changed completely. She left the industry, became a mum in her early twenties and went from being fiercely financially independent to relying almost entirely on her partner. When that relationship eventually ended, she realised she had no savings, barely any super, very little career history and, at one point, just $11 to her name.Now 32, remarried with three children, she’s rebuilt things very differently. She earns $120,000 across two jobs, has helped turn her husband’s sole trader business into a company, started her own business, bought land for their future home and completely overhauled the way they manage money. It’s chaotic, incredibly candid and a pretty fascinating look at what happens when you’ve experienced both extremes of money, from earning thousands in a night to having almost nothing of your own. And perhaps the biggest lesson? Making a lot of money and actually building financial security are two very different things.
See omnystudio.com/listener for privacy information.

Towards, away, or rotisserie-chicken style? It’s Friday Drinks time, and this week the gang are discussing all of the important issues; namely which direction they face in the shower.
Join Victoria, Jess and Bec for this week’s best Money Wins, Broke Tips and community dilemmas that you might find particularly useful if you’ve been sleeping on super. Hear from the gang about whether it’s most fruitful to salary sacrifice weekly or monthly and what to do if you find that you’ve got multiple super accounts. Come for the juicy superannuation tips, stay for a continental cucumber redux.
CLASS ACTIONS: Read ‘em and weep (happy tears, sad tears, you decide) over at the Fed list of current class actions fedcourt.gov.au/law-and-practice/class-actions/class-actions.
SEEK AND YOU SHALL FIND… LOST SUPER: The ATO Lost Super Lookup is here to help you be reunited with any lost super.
COMPARE YOUR SUPER: Select up to four comparable products to view side-by-side against your current situation over here: ato.gov.au/single-page-applications/yoursuper-comparison-tool
New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you.
Acknowledgement of Country By Nartarsha Bamblett (nartarshabamblett.com.au)
The advice 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 PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289
See omnystudio.com/listener for privacy information.