She Spent Hundreds of Thousands in 12 Months… Then Realised She Had No Idea Where Her Money Was Going
5/17/202645 min
This week’s Money Diary is one of those “wait… this is actually so relatable” conversations. She’s a newly admitted lawyer who spent years living paycheck to paycheck while studying, prioritising travel over investing and genuinely having no idea what an ETF even was.
Fast forward a few years and life suddenly got very expensive, very quickly.
An apartment. A wedding. A honeymoon. Another holiday. A puppy. Moving costs. Furniture. And somewhere in the middle of all of that, she and her husband had the slightly nauseating realisation that they’d spent hundreds of thousands of dollars in a year… without really stopping to think about where any of it was actually going. And honestly? I think a lot of people will see themselves in this one. We talk about the pressure to buy property because everyone else is doing it, the reality of owning an apartment with brutal body corporate fees, lifestyle creep, ADHD hyper-fixation becoming an unexpected budgeting superpower, and what happened when she finally sat down and looked at her finances properly.
Now she’s investing 40% of her income, building a portfolio she actually understands, and rethinking what financial security is supposed to look like in the first place. This one feels a little bit like a group chat with your financially self-aware friends. Slightly chaotic. Slightly confronting. But in the best way.
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Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements.
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
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First 90 secondsNatasha Bamblett· Soundbite0:00
My name's Natasha Bamblett. I'm a proud First Nations woman, and I'm here to acknowledge country. Tiwka lawnyan ganyar. Ngayarak aka kaya yamabina waka. Ngayarak ai nimbinia yakarumja dumi nya gumika dumi-ka itho waka nita wamin damin emalan. Mumu bainngarda bomoo inya nyalan waka karnan yakarumja wutu-narana. Hello, beautiful friends. We gather on the lands of the Aboriginal people. We thank, acknowledge, and respect the Aboriginal people's land that we're gathering on today. Take pleasure in all the land, and respect all that you see. She's On The Money podcast acknowledges culture, country, community, and connections, bringing you the tools, knowledge, and resources for you to thrive.
Victoria Devine· Host0:44
She's on the- Money She's on the money. [laughs] [laughs] Hello, and welcome to She's On The Money, the podcast that lets you be pervy about other people's money habits, for educational purposes, of course. Welcome back to another one of our Money Diaries episodes, brought to you by our friends at Sky Wealth, where I get the absolute privilege of sitting down with one of our incredible She's On The Money community members and talking to them all about their journey. Now, let's jump straight into it because this week I got a message and it sounded exactly like this. "Hi, VD and the SOTM team. I'm Bella. I'm the fangirl who interrupted your family walk on Dromana Beach on Anzac Day." She did, my friends, and it was the best. "Six years