The Clever Dummies Podcast
The Clever Dummies Podcast

Episode 30 · 1 month ago

The CDP // Ep30: Money Talk

ABOUT THIS EPISODE

In this episode of the Clever dummies Podcast, We talk about money and our money habits. Money habits that we have developed over the years, some good and some bad. So join Aneeqe, Lachlan and Conor Mac Cormaic, aka Half Man Half Noodle. As we talk about saving, spending dollars and some of the biggest money rules.

thecleverdummiespodcast.com 

He stop things as where is this is onevener. Welcome the episode number thirty of the clever dummies podcast. Iam one half of the hosting team, a locky so good to have you on boardtoday and is always joined by a k going brother, I'm good, I'm good! I'm good! You knowit's a wonderful day to be alive and I'm happy to be here. You know,wouldn't be anywhere else on a beautiful Sunday night in this lockdownthat I mean yeah that I can do much, but you know I would rather be doingthis podcast anyway. It's a hundred percent brown, that's one of thebeautiful things my you're, like my eggs. The way I like him, you're,always sunny side up. So what no matter what life is thrown at yeah outside of Movember. I, like you, StillRoch with our Ribbin in Terence, so good when you, when you said you justlike my ax, I, like the sunny side up, I thought you said X. I was like Sun sign up. I mean my imagination was running wild.Do to cop that message. It's gonna say t a new category. I haven't heard of itanyway. was that one, so we got a very special guest today. Don't we buddy he rejoining once once again afteralmost a year to Shin for year, growl connor, conner, hello, Hello, gentlemen,good to have you, as always I mean it's always good speaking to you in generals,but it's good to that's why I was like gotta get kin of back on, because thisalways a good conversation plus is just like a nice catch up. You know as well,so yeah welcome back yeah been almost a year since you were last here. It'sfunny, like you guys, signed much more in sinking like so much smoother, evenin the years time. It's crazy exley! That's it! I mean we're, get up. Yeah!That's right! T O T! What's right, I put in obes, you know what our bestwork happens in the look dots, because that's when people I actually havenothing better to do than to Tisias persons on Bresolin Yeah. We will stepit up plus we really have nothing better to do so. The energies, all theactually, I think, is to pour it out. That's riling like we both might up now.I think my head sets all good to get. I reckon we just. We had a little bit ofthat Radio Bug last time as well, browed to just just ramble and on radioyou're playing songs, every five and ten minutes as well. So you sort ofjust getting it as much as it can not so much celebrating, because you'relike yeasay bounce really quickly off each other and now we're obviouslygetting more comfortable with the podcast format, so yeah excellent Ro adwas that the same the same theme song is the last time orwas there a theme song last time they they's a team song, but I've stoppedusing the team song in the podcast. We do it. You know, embedded after socourse enough hm. That was a sad sound that we play when something goes wrong.I was Vibi the theme song. I was in this one hundred percent and going backto the heritage as well. That's why they do it. Obviously, one you're, notjust hearing like, say a a M in the morning: You're, not just hearing thenews or the or the weather report and then you're hearing people talk thesort of like a way to separate people's brains. So they're listening to peopletalk they here like just generic noise and then there's a new thing in andit's just like than clean little cut. It's weird like even just starting itoff to like a couple of seconds and make it go it's like. Sometimes itdoesn't work. You can need like that little couple of seconds of viewing-and it also sounds better too, but it's like a cool, it's good for us on Erlandas well, so very good. Just as the long she's not going to getcoby Ridin yeah, I don't or copyright free royalty, free,music, libraries, your friend, so you know gontain those wants any day of theweek. It's been a minute connor I haven't. This was the first time Ispoke to you after a couple of months is well. Last time I spoke to you, things didn't seem so dun, but you knowthere's something to do yeah. How? How have you been? What's been happening?You're really good! I mean, I guess, we're in the same position that we werein last year as in locked in again of Melbourne, buttotally fine, as in like I'm still working from home and yeah like having a good time. I'mreading a Lot, I'm still working out from home, I'm eating much better thanI was. I stopped Yateli. You do look really good bother well. Thank you,Lavan! Thank you. Yes, sody think we get better at the lock dead life thatwe ay. I feel like this in rounds yeah at least less of a I this time last year, and he can me we.We went that like calory, restricted diet, I started working out, and thatwas amazing for like three three four months. It was like eating the simething. Every day I was like super regimented. Getting up at six am coldshowers, Meditatin Journal in going for walks, and that was such a big changefor me, like that three or four months was a Measan and then I suppose,December January time, stuff started. EASING UPP fell off. The wagon wasdrinking again going out all the time...

...eating like like Shit Yeah. So thispast two months like going Kito and working at more from home and trying toget in a better head space and using the sort of time at home a bit moreproductively, it's kind of like a mirror of where wewere at last year, which was great and it's yeah. It's been really good, justfeel real, healthy and like mentally pretty strong. It's good.I think that's something to that, because I've spoken to a few peopleabout it as well and like the having more time adjusting life to lock, downor particularly a second time where you're going into it kind of knowing.What's not going to happen, it's I think the unexpectancy you do allowyourself to take some time off in the Diet and the routine are all the thingsthat take the first go so like you can just start to implementthose little things and you can start to use it for your advantage, becauseyou do actually eliminate some of those. The other things like that, a lot ofunnecessary travel and these little things that we have in our regular lifeand you are actually spending more time to read and do these things, but that'sso good to hear in regards to being Kito right like. What's your, do youtrack that? Are you tracking or over all Macros, or you just trying to keepit super low? Are you trying to no art cabs at all low cubs yeah, just justnot retouch carbs at all, in terms of portions I was, I was doing likefastened for a while during eighteen. Six, where I was trying to eat likewake up, have a protein chick and then have breakfast and lunch and then fastfor the rest of the day, and then I swapped that around where I was doingfast and for the first half of the day and then eaten in the later half of theday, where now it's just keeping the carbs below twenty fivegrams a day and eaten whatever I want for the rest of,and it's been yeh fine. I said I wasn't drinking for like maybe a week sixsixty at weeks, and that was really helpful because even with like low carbdrinks, it kind of throws you out a bit yeah and the way that like we need alot of insulin to break down alcohol and there's no macronutrients apartfrom carbohydrates and some drinks, but it's basically like you're having carbsand there's also like I notice, even if I'm actually eating all right. If I'mdrinking a bit more. I have like this like a little bit more blow to me so,like I look a little bit softer a little bit flamer. So, even if you'reeating well, if you're still drinking particularly every day, it's very hardto out train drinking, you now at a mean so like in less or yeah runningabout on every day. So that's a yeah yeah and even even that, all the moodaspect of of drinking a lot life. I really struggled Li in a day or twoafter I always feel pretty low. Even if I haven't that much so even that's been a big wake up call and he and being foggy and that's thebiggest one and when you're not just super short and snappy, and that's thatplays a huge role in how you feel- and you know just just feeling that youknow that for clear up. I think that's super important as well. I think so andthen with anything especially when you start feeling fog, it's easy to justfall into a rap and those rots Co. Take you down very quickly, as we've alllearned in the past couple of years, yeah hundred percent yeah and I thinkyour quality sleep gets affected as well. You do go to sleep and you know,particularly if you drink it or bit. You crashed like a cheat like a treegetting cut down, but you don't enter rem, sleep you're, just not physicallyable, because your body's processing alcohol and it's not able to functionregularly. So I think the lack of sleep, the obviously the excess calories weget at the end of the night and the fact that our cos a Toksin as well likeall those things that up, but now that's so good and yeah. So what was Igoing to say? I can't even remember Oh yeah. It's going to wrap up thatfoggy a fun because I done Kido before I'vedone the intimate at fasting as well, and the most practical use for intimatefast thing for me is just how quickly I can shift from eating really poorly toin a minute fast thing with a good diet. So I can implement it straight away andthen I immediately start seeing the effects of it. For me, it's not a longterm thing. After a few months, I have to start eating breakfast and start andmovieing things around because oftentimes you get really gladness inthat window that you're able to eat but like I can't recommend it enough aswell and Catos no joke like you realize how reliant we are upon carbs as well.So that's so that's yeah. It's a lot of discipline to keep going with thatbecause, obviously, if you, you know, if you don't eat kito for a day or two,you reset, basically all your hard work, you've done, because your bodies, like all cubs. What's thatI can yeah just it's a lot easier, so you got to stick with it right, likeyou can't just yeah, you can't just sort of go one day or one day, not likeyou're, just not not getting the same results. It's funny. How even just thesort of rules work so well go in. Oh, I can eat this and I can be this. I thinkit would be amazing to have that so many aspects of your life. I justhaving those rules. It makes things so...

...much easier. Oh for sure, rules that-and this is the interesting thing right and which will probably bring us closerto the topic at hand today, and you know, by the way conna couldn't have couldn'task for a better guess to talk about the topic we were about to talk abouttoday. So just to having rules in general Iused to be, I used to be a big hero of rules. You know, I just thought youknow having rules is just so stupid. You know having routine and a d e, somany people always said Oh having routine means freedom like the fuck ishave been, you know, and I'm not you know, I'm gonna do what o the fuck. Iwant. I'm gonna just sleep an I where I want. That's because that's the coolthing to do, and you know that's liberating and all that but turns outit's the other way around, especially if you're trying to you know, explodetrue freedom of mind when you're talking about it. You know so is whenyou actually do send those rules, so you can be free to do the other thingsand even let's say you're, not talking about being on a diet and watching whatyou drink or eat. You know it's all good or oven, like saving money andwhat not right it's you go. Oh, this is so depressing, but the moment you go,you know what I'm going to take a week's holiday and you know I can dowhatever I want and you won't feel bad about it. You've actually enjoy it formonths, because normally you wouldn't because you know, but now you actuallydeserve it, but so many people you know take that deserve word. So you know so generously. If you will,you know they, they go wash their face and brush their teeth. They like what Ides have a glass of wine. I got up and a today. I paid my billyou on I did and with the dieting and it's like with a lot o other thingsthere's, particularly if you're you're like you're really needing to change,because you re like you're, really starting to slide. You know the isreally uncomfortable at first, but when you start to process the food a littlebit more or you start to realize how much the food has an effect on yourmind, the same with anything else to say, with like sticking to a sleepingschedule, work kinto, honeer us it's really a comfortable at first. But thenyou realize that that, like those boundaries like those broad for us todrive one and makes the path really clear to use like an analogy of ahighway, it eliminates that you turns and the this and that that we feel likewe need sometimes. And then, when you take these things, they're like whatthey're the best things in life is when you can go and have a few drinks with amaid and all these other things. But when that's your life instead of helike it's yeah, that's a sure kind of you live. You actually have a set ofrules that you live by almost now. It's funny because I've known you, for youknow for the time that I've known you I've seen apart from you know,obviously, when we first got it to look down, you know, I've seen you to liveby. You know a certain set of rules so son. You sound to sound like anassassin, but you know you do like you. I've known you to be very well puttogether in your routines. You know, do you and then obviously, like a askill, you know you we also. There was a time.You know. We also basically dropped everything. There was no rules and itwas just basically every man for themselves. I guess when the look donesfirst started yeah. Do you think how much of a difference do thoseboundaries actually make? What do you think are huge? I guess like this timelast year, when we sort of started looking at these things, getting up atthat's sort, O five six was a was a big game, changer and just going to bed atten. No one six am I'm going to get up and that's going to be. There's noquestion about it. Things like journal and Meditatin. Every morning Ihave been grit, even if it just like ten minutes of each it sort of sets agood framework for the rest of the day. I find some things have changed so again. Iwas like going for a walk for half an hour every morning, which I think Ishould probably try and integrate again. No, it was super because you're justgetting moving getting your blood flow on and then you sit down and do somework or whatever you do. You're like a different head space. The sort of Kito thing has been greatin terms of putting reals and restrictions around heaten. I find itjust freeze up so many different things in my life, even I had like some beerstoday and because I hadn't had drinks for so long. You enjoy them much better.It's like that contrast is great. I think I would love to try and getrules for more things, and I think that would probably makelife even better. I agree I it isn't that interesting that we spend half ofour life. You know running away from our rules in his start we hate them allso much you know, and then you get to a stage and you like or a them. I need toset those rules for myself and that's a I sensili. INATION is like it's like.If you had really strict parents...

...growing up or you didn't have strictparents growing up, you always tend to you always tend to like I've beenreading. This really good book called raising lions and it's not any tostarting, but it's a book on parenting and like kids or human beings are. Our first instinctis to sometimes be really hesitant towards people trying to implementrules in our lives. But it's like tenter or happy as kids researches,always points of the happiest kids of the ones that have the discipline theyhave their regular sleeping time. They go to sport here or there andeverything else and like I was like that, where I was like went to aprivate school for most of my life. My parents went two streets, but I wassort of like pretty sheltered and then I sort of like freaked out teenage esearly is and then I was like. Oh well, a lot of the stuff that I learned whenI was younger that I resented the same sort of rules. If you will it's a lot more complex than rules,it's like more systems right, it's like a systematic approach, but then hestarts to bring him back in and then now being a dad. I'm like yeah these.This is the way I think to do it. Then you continue it on, but it's so yeah.It's good to be talking of Blake one in people in that regard, because it'sreally fascinating. I want to to quickly ask you about your Metta you're.Sorry, not your meditation! Your journaling, we can talk aboutmeditation as well, but do you do you have anything you like to write aboutor do just like, take something out of your head andjust put it down on paper what it? What I like? I've donedifferent things, but what I was just usually do is do like a recap: The past twenty fourhours, so things that have happened, good stuff, bad stuff, water, Co, dises,yeah, don't fucking t so like if you're doing it every day aswell. You can limit it to that twenty four hour window right, that's reallygood, yeah, yeah and and like there's, no pass here, there's no real, like structure to it.It's like these things have happened. This has been good. This been bad, I'mconcerned about this. I want to work on this to be nightline for the day ahead.Go on. These are like three or four things. I want to try and do in the dayahead, yeah and there's no limit. I shure itis how long it is if I've got time I'll. Just like word, vomit and just play itout. I can. I played a bit with that wholegratitude thing. A lot of people say, spend some time right down three thingsthat you're gratful for and don't write things like of this Cup ofcoffee, try and put a bit of thought into it, yea because it's yeah, it's so easy to belike Um like lucky to be. You know in this high, so a cup ofcoffee or whatever. So you stuff like that, and it's justlike a nice way to kind of blank your mind and figure out what's going on inyour head with the same with meditation, it's funny, I'm so on aware of, what'sgoing on in my head until I sit down to try and think about nothing for tenminutes, and then you go, I'm actually really worried about. You know whatever like what I'm eatingor I'm feeling I've got this weird pin on my shoulder and unless you take thattime to do nothing, you can be Coletus that and I can sit in the back of yourhead and be pretty distracting yeah we'redistracted so much. I was even thinking about it watching TV today and I waslooking at a hading abbe, just like roaming around and she's, likeconstantly looking for stimulus, because she's not able to Chin likewhat will watchin Tam she's not ever understand it, she's not able to lookat her phone like some of her toys. She, like some. She doesn't like so she's,constantly moving around finding things to do, and I'm like it's a prettyamazing how obviously phones but well before that TV's really came into ourlives and just gave us something to switch off and though that's good insometimes like a lot of the time. We just use it as a way to escape rightand like not meditative and just sitting down and talking to people andnot having the electriticy in front of it. You can kind of get into thatmeditate state, because you're thinking and you're like reacting, it's like theI has been so today- sort of thing so that some that and I think starting themorning off right, like that's the big thing for me personally, is them likewinning that early morning battle, because that's when you're yeah, that'swhen for me, that's it takes. Sometimes it takes me a few hours to get in theright mindset that I need to be in for the day and so doing it first thinglike that. I think so. Super Yeah, probably the best time for sure just a quid question connor with thisjust wrap up this little topic right when you may twenty minutes right, yeahwhen you, when you write your journals right, how how accurate are they to compete?What's in your mind, is it as in like a they that accurate that you wouldn'tshow anyone, those generals that that's just for you or yeah, you wouldn't mindshowing it to someone else kind of I L. I have it on my computer, just innotes, and I have a password on it. So that it's just for me like I, wouldn'tI wouldn't show anyone it's completely accurate, Yeah Butt in the same regard,if someone saw it, I think it would be...

...like a you're, not planning sosone'sdeath in there like yeah, no well, it could be. I could be just what that's what I mean so so what you'retelling me is a doing it is you're doing it. You don't care you don't youknow, you don't want people to look at it, yeah, rightfully so Tanit you're,not if you're not doing it. For that reason, then you're doing it for theright reason right well, like I'm putting dine in there stuff like be abitching about things that am annoyed about it's like totally frank andhonest yeah, totally yeah yeah, that's awesome! So, but there's nothing likeyou know. Since La et PM, last night there were four hundred forty fourcases recorded me deciding to kill people that thehelp me tess. That looks like the unhealthiest person today like out ofthat stuff. I know also colleges are quickly right,so we also decided to give some structure to the podcast and there'ssome mentor questions that we decided that will ask. I know the answers to,but I'm going to quickly run them through with you and then we'll switchto the topic hand, which I'll quickly introduce as well. So we're going totalk about money or the psychology of money and saving money, investment. Allthose things. I've been really exciting to excited to talk about that and Conna.You know you and I had many conversations about these as well, andyou know Lockland and I also have like changed drastically. However, moneyhabits were and are or used to be useful. So I think it will be quite afun podcast, O wicky talk about that. Do the question first question. I knowthe answer to this, but I'm going to ask: How do how do you take your coffeeor how do you like you, go in, I'm so good, sorry to cut you off, I'm so gladyou member! This is what I literally went on to the the podcasting website,where we have all this stuff, and I was like what am I trying to pull up andthen you ma anyway continue. How do you take your case? I at the minute I'mtaking my coffee black. I've got an express on machine at the minute, soit's like making a little a long. Black is Harti, awesome, pen, long in blank just so,and ever Putt like a little bit of water in it. Some days you're like Idon't want to heat, or do you just bring it on just blason, sometimes somecream. It depends on me because of the Kidothing I actually Hari. I threw out a big thing of coffee met like last weekand a when I moved when I moved house. I had this humongous gallon of coffeemither, an NECLAS. I just thought I was like this is not Ito after throw at it,even even like artificial sweetness, even though they don't have anycarbohydrates or sugars in them, like the effect on your insulin. Afterabout two tablespoons of of like artificial sweetness, that's non likeno calories. Basically, your body's to register the same way, so you can'tjust like people just think I can go out of isus weakness all day, eventhough it's not the same as sugar, and you can have a little bit here or thereand not jump out of Ketosis or at least being Kito. You can't just like go to,because I was just going crazy and I'm like, I don't really feel any differentUS till, but the folgier in my head is like yeah just a little bit of sweetnow and then that craven for more, like you, when you have some, you just wantor right, yeah ye insatiable yeah. Second to this, to the second close tothe question, which goes hand to hand. What are what are? What are my thoughts on whatso the flatter? Oh yeah flatter all away, I'm a big fan of the flat EarthYeah. So do I I was. I was looking at the beach today and I looked for oneend of the other and I couldn't measure a curb. So Hey. Let's pray kind, you remember the documentary wewatched. I think you were there about the flat earth who is trying to provethe earth wasn't was flat and then and in their own documentary did realize itwas. It was Hilarious, lie on to the third question, which isprobably this one. If you, what is your most embarrassing memorytoday? Oh you can you can scize the surface orgot the deep one, so this one can sometimes be hard. The thing that Ifound the easiest way to answer. It was the first thing that comes in your head.It might not even be the total thing, but it's like I've wise you're, justgoing to be like. Oh what happened. I if you hear the word embarrassing andmemories. What comes to your head that? Well when we to be it when I was maybenine or ten, I remember watching this TV show, and I mean I should have beenwatching it at nine or ten and it was called it was called our trash and itwas like a soft core. Adult TV show right, yeah, yeah and I remember telling the guys atschool and they thought it was funny and once my mom was leaving me and mymats the swimming to, and then this guy in the back see John John Care. Heleant in he said what was the name of that TV show that you watch conners. Itcalled Euro Trash, what a dog, what a dog andmy mom just looked over at me, andshe was like what I just wanted the...

...world to swallow. It was like the mostembarrassing thing. I you monomers with you lie, or did it was it not? No, I'mnot sure, I'm not sure if she knew what it was or she just was like. Let's nothave this conversation, yes yeah. I never asked she never asked, and thatwas it, but I just every time I've seen John like three years ago, when I'mback home, I just thought you, Pecos Shit. You know the section I something right couple of a couple of months ago or Ican't remember when it was right. So my phone was connected to my car's BlueTooth right and my dad decided to part my guy somewhere right and I was busyright. I was I was on my phone, you know and and then- and I don't this- Idon't think anything went through the PLUTOT. But later I my it goes, my dadgoes. Can You unconnect your blue to and my heart did, stop for a few more a got to be the day is going to bringit up. That's what it is. Tony Plato you've got a gobelet actually funny enough. One ofour one of my old x bosses, exposit old boss, right, asked me for something todo. I got t remember what it was, but he asked me for my phone right andnothing serious was that I searched up. But I remember there was a tap open onchrome and I looked you know I was looking up a certain someone. You knowJohnny since right I was going to any since, and I er know it was a mean, lie:fastening, Johnny, multi, passed the phone and then because I don rememberwhat it was for, but he was looking something else, but when I got thephone back, the TAB was open. I want to get. I was like a going to die Ye, soit's funny all right on to the next question. This is a bit moreinteresting one right. This is something we all could answer. I guesswhat do you want to improve on or removing your life in the next tenyears? Already you want to see yourself in the next ten year that might be toodip just what do you want to improve on in the next ten years? Wow so much, I think Oh yeah, I w want to eventually get a high outright somewhere in thebush. That's like sort of an appropriate size and affordable and nothave to worry about pan a mortgage off for like thirty years, so I'm in themiddle of trying to figure out getting land and like looking at tinyhouses and sort of figuring out a way to get a permanent structure. That's notgoing to cost four million dollars in Melbourne, so I love that yeah, try and figurethat out a bit more and make it happen because I think it's very like achievable, but itjust takes a lot of risk and you need to learn. I don't Reyye to bite that solike learn more about that and be more comfortable with taking risk perfect, perfect topic at hanted t habecause an to end what we're talking about! ESENTE bones question: You cananswer it if you like, but not, but I'm going to ask anyway, becauseI'm obligated tasket. How big is that so big? So I go all right on to theTonton tits a six out of six actually yeah. He talking about. You know selfimprovement, and this is what we talked about as well. There was a podcast. Wedid I think at the beginning, and there was this thing idea that I was playingwith at the time you know I was. I was realizing wherever you focus and that'swhere your energy starts going and that's when the true magic of thingshappen right. So the actual court that I came up with was you know whereveryou and where were your focus goes that's where the energy flows andthat's where, where the energy goes, the magic happens, something alongthose lines. Right so, and I was thinking about it- and this is you know,talking about Diet and exercise as well, especially in this past two years. The focus not focusing on this thing.Has You know if you're someone who's not focusing on this thing? It's almostdangerous because you know things are falling out of place, and especiallyyou know, knowing with cove nineteen, it was a great example that is so easyto have some unexpected things come up in your life and I may not be anotherpandemic. Hopefully not you know, but something like that cancome along right. So being money smart or you know also focusing on yourfinancial life and his never been as important as it is now, which isanother which is another interesting...

...fact, because a lot of people who arestressed about things money is one of the four pillars of stress. I think oneis health relationship and money. I think there's one more. I can'tremember what one more is, but the is part of part of the populace ofessentially social yeah yeah. So it's probably socials yeah, although I thinkit goes into relationships in no show by one of those things right actual. Soessentially those are the you know, and that endsup becoming really important. It ends up dictating so much of your lifebecause you know either you're chasing the money and you know not doingenjoying your life and you won't get to do any of those other things, becauseyou know you start going into this phase of just trying to earn money andlive the next day. So it's really interesting, and you know I'm going to talk about this,because I've had previously not horrible, but you know certain me: I'vebeen I've been pretty good with money like I can mediate really well, but allthe years you know I'd also spent fearly I wouldspend like. I was a multi millionaire you nit times, but and I would to spendon things like you know, clothes and stuff. I was never. I've never been injust super interested in that, but more so, like you know, we go out for dinner,I'll just grab the have no problem at all. You know so those kind of thingslike if I go out for dinner with friends and like without thinking ofthose kind of things, so I spend usin but all the years and particularlypassed two three years I had to really become good. I one and financially andnow I think this rules I implemented but few books, one of the books. Iwould riten that everyone to two books. I should recommend that an Wyon should read. One of themis, I will teach you to be rich. It's written by, I always forget thename of the guy, but it's a really good finance ramets is ere. Yes, that's aimage, Remi shaty or something that yeah and another one is bare footinvestor and I also don't know the name of the guy and Sif. You live inAustralia, Bradford in Vestries, a really good book to read. You know ifyou any other any other country. You can also read he's a strength. He's Australian,righters yeah. Yes, Gott paper think yeah Ye. Yes, Scott Peck! That's itthat's right, yeah! So those two books are really good and they help to helpme shape, shape understanding of finance fromwhere I kind of like really starlike itself, so yeah. So outhitting, one ofthe things is conal start off with you right. You obviously moved to Australiagot your job and you know, do you think, and I also know that you really reallyreally smart with your money as well. So how was there a big money change orlike mental shifting mentality towards the money? When you moved to Australiaand obviously you know obviously you're living by his helpbefore? But you know it was like a different country, and you know you'dobviously had to have to have to have a cushion all the time of your financesbecause you are essentially living in other country. You know yeah well, is that you shift. I washaving this conversation literally today about how, when I was like muchyounger, maybe seventeen eighteen. I was incredibly like cheap with withmoney where I would see o cfcs and I would like hit spent money. I would I'dnever like shot my meats drinks or do Ethan. That was always like justbeing super scrupulous and then, when I started teaching, I didn't really havea great time teaching. I was spending everything I earned on traveling, so Iwould see all my money up then get two weeks off. I'd go to like Iceland, orsome different countries spend all my money and then start from scratch againand did that for like three years, but then in that last year, teachingwhenever I had the goal of traveling for a few months, and at that time Ididn't really know I was going to come to Australia, but I just knew I wasgoing to quit. Teaching I see fed up, I think ten, grand in Black Pines, whichmay be like twenty thousand dollars and yeah. I just spent the time travelingbeing careful with the money I had, because I wanted to stretch out for alonger period of time when I eventually got to Australia. I remember sitting ina pub in Melbourne and I met Gerard. One of my friends went to Uni with andI ordered a pint and it was sixteen dollars and I just thought there is noway I can afford to live in this country. This is, in se like like to think a pain of beer in OrelandTis like two Pines fifty, which is maybe like four dollars and Ma Yeah. Itwas like it was panic. I just had this like at this date. Had No job was myfirst day in the country. I had no idea what was going to do. I thought this isso expensive. There is no way I can make this work and then eventually,within a month I got a job and realized. The wages were so much higher over herethat sort of even diet, and then I realized that that was also a prettyexpensive pub and you could get like pants for six seven bucks if yea so o it took a change of. I guess theway I thought- and you know you're...

...making new friends and a new country,and you want to be generous and like Bay, friends, food and drinks, and youwant to be going out all the time, so it took a bit of like yeah just a bitof change, but thinking how I thought about money, how to balance even moneyand spend money and living in a different country. I wasliving in Shera's for the first. You know three three years, and that was fine, because your rent wasn'tthat expensive, I mean Melbourne is fairly expensive for rent, but whenyou're in a sure, ice of four or five different people, it's it's prettymanageable, yeah for sure I well I mean yeah.Melbourne is really well price in rent. Actually, especially now that I I knowin Sydney it's insane, I mean you have to sell your left nut. I just left me yesterday, so so you know I mean so essentially, ifyou look at how we were living in Kensington, which is just about fifteenminutes out of the city right. If then, you know if you were to live like thatin Sid nearest Sydney C rd, so you forget about selling your left. Not Youmight as well put your right up for the O, because that's what but you know,yeah absolutely. I think there are some and that's it like. I think shiftingthose mentality as well- and I think those mentality has to be shifted quiteoften the biggest thing that is misconception of saving and thatI've learned was right that you know, for some reason, saving means that youcan't actually have uno do the things that you wanted to and that that's thebiggest big decision. That's means people don't end up ever startingbecause they, you know, if you start thinking like that, you had neveractually start, then that's the biggest thing, and it's not just in the best ofsaving as well. This is in regards to you know how you spend as well right,it's much more easier to spend on thing is er things spend on things that arecheaper right because they're easier to justify. However, in the long run youend up spending a lot more on those cheapest things, and they actually govery quickly and post the time you don't care about those things. So oneof the rules that I made was like I'm only going to spend other things thatthey make me happy or bring me. Some sort of you know bring me some sort ofsatisfaction or of value right, so that was like a simple rule of money, sowhich means right, I paid for a whole bunch of subscriptions right so, likeaudible, subscription, Netflix subscriptions and all those things, butI don't spend on things like you know, like shoes or expensive, Jim Clothesand all that stuff right, you know, or or like some people like spending ontheir phone like buy new phones all the time. I don't do that like I don'tspend crazy amount on the cars either. So, like you know, so I can't justifyspending on like you know, because I enjoy using honorable or like in allthose things, for example, because that is, I think, I've been you've, neverbeen a Gude to get financed on a car or get get a line to get something newright like you will be in look money for value and invest, but, and youstill get really good cars. So that's one thing: You've you've always beenreally good at is that asset and like I always feel like if you want to get acar you want to, you know, obviously it's a place to get you somewhere, butif you are like us and you enjoy driving like there is a certain elementto it is like once you buy, a currant loses ballies like I'm, not reallybuying the car for the value of buying it, because it's an experience and Ineed it. However, you know if you're paying four hundred dollars a month ona car payment, or you know that's Times that by two and that's you know do thatfor a couple of years and you can you can get investment property. So That'sinteresting, that's right what the is on that idea. Ramot Seti has thatyou've got these money dils that everyone's got the thing they like tospend money on, for you be like travel or for someone else. It might be likeEatin it someone else, it might be relationships, and you have to havethat thing and not really have guilt attached to it. You like this is what Ispend my money on, but I don't spend it on night shoes and that's that'stotally fine and you got a like understand that you will spend money onsomething you enjoy, but you'll cut back in a different area that you don't and that's it, and I think this is thebiggest thing right. So so many people was not so many people, it's no more.It's considered normal to want to spend money on the things that everyone isdoing right. So it's easy. So, for example, like you know, one of thethings that I was thinking when I moved back to Sineii how the fuck doeseveryone here has a ECITES, I'm so confused like what the fuck are theydoing like. I don't understand, like the you know, how are they affordingbeing can afford these cars and then afford these designers shoes and thenafford a Guchi watch and all this shit and I'm often I'm very confused andstill I don't really have an answer. So if you guys have any ideas to, I guess,like part of it, is you don't know what death they've got and what fine an thattaken it. It's amazing, I mean people. I've met over the years, have got thesereal lavish life styles and they'll...

...pick up the TAB. If I'm out for dinnerwith like a few minutes, and you realize that they've got like a massivemuch of debt and it's a bit of a flex pan for stuff for having a mark. Butit's it's not actually they're not owned out right and they'resitting on my to death, and you never know that. Well, that's exactly right,and I think that is often the case so which which, but it's easy to see thatand go well. I'm going to buy that because you know you know also myspecial psychology intertwined with it. Isn't there that's right because you go,you know when you look at the difficult that person has a job that roughlysimilar to mine and they're driving a better car than I must be doingsomething wrong like you know what what? How am I not being in a for that, andso that is very easily you can give in to that and end up end up buying thethings that you don't really care about, because you know, if you think a it'seither normal or be you know you once again like social social impact ans onto and you go well. You know the specimen. One of the things that Italked to you came about. I remember to this is a one thing in culture ofparticularly like peconic culture right cars and houses are a Houston right.You like are you got to have an expensive car right? I remember Dad Iis like well, you go. You know your card doesn't look good. I was like Ohyeah still doing me be, like you know. It's still doing me good, like you knowthe engines, great zippy, but I mean so and- and it was obviously at the timewhen I was like in Covet to like finances, were a little. I had to becareful, so I couldn't just go. Let me drop five hundred five thousand dollarson and fix everything. You know so there are things that you have thinkGod, but is huge. So if I give MOU to every you think of that you'll bespending money on everything that you don't even really care about. So That's interesting. I think thosenumber one thing is: You have to really spend money on the things that you fearabout. So I think that's really interesting. Ithink second, one is probably the big one, and then this is you guys can tipin on this one right when you number E is obviously reducing your monthlyoutgoings and number two is pay off bills as soon as you can right, notexactly as soon as they come in, but you know bear them before the due dateguilty of not being them what they do all the time I do insofan up being youknow it was like altos more for no reason and that's like literally deadmoney yeah, but you will just run it wakes off, because you've got to pullyour entire ownings together to pay the bills and you don't have anything leftover and then E. There's like a cycle of a couple of weeks of like carvistsand a couple of weeks of like re restricting this week, can't spendanything so you're actually like it's quite stressful, but we fall into thatpattern where that stress is like you kind of need it. Sometimes it's reallyweird yeah, absolutely absolutely I'm thatyeah. What do you guys? What do you guys? Think of that? Why is it that weso often avoid being the bills? Even though we have the money to pay thebills? It's something like that procrastination thing so easy. I meanit's the same thing as if you have to tell you know. If, if you said to you me itI'm going to go, go hang out you guys on Friday night and the back of yourhead, you know you're not going to go, you don't tell them. On the Mondaynight you wil ridit, I like five and you go. Oh, I guess I C so yeah I think,takes a lot of work. To get out of that. Just to be up front and same thing iswhen the bill comes through, you go out I'll pay it like I'll pay it later inthe week and you just don't yeah. I've had to really train myself out of thathabit, because I was to see him for years and then I would get these lipfees. I remember thinking this is so stupid, like when it comes through justpay it, and now, when my phone bill comes through, it's like just donewithin a minute of a coming through, but it takes a lot of thinking about todo it. It's so stupid, yeah, there's sometimes there's a alliance like if wecan definitely get into trouble by sacrificing what we need to pay forsomething else, so you're sliding back into that habit of wanting to getsomething knowing you can't really justify it by doing it anyway, becauseyou have the funds available and they're dealing with distress ofwhatever these late payment might be, or just the urgency of having a hit adeadline at loser. Something like that or it's just, even though you know thatmoney like say you, certainly you earn whatever you earn in the certaindescente of that you don't have any more, because you've got to pay yourresponsibilities off, but if you can just wait a few more days longer, it'slike I still own this money, so it's kind of like a little bit of actionthere. It tends to be the first one, more of so not you're, trying to liketalk yourself out of it, but sometimes it's like fuck. I just want to enjoythis for a couple of days and you forget it's like three weeks later, youget an email, shit, yeah dead collectors. What's what I find the most interestingthing. Interesting is right, so I'm really good with wills. Most of mybills are automated right, but the one bill that I hate being and I asit or docharges in life, which is talls like...

...road tolls, there's never been a timein my life, where I don't have overdue told to notice, but I have A. I have afreaking, automated card payments coming out of my thing right, butsomehow they always manage to send it right. Somehow they always just justhappens like the doll wouldn't bee, and then I get in a house and I just neverpay them. I just see them as I go yeah and then always almost always, notalways, but almost always I'll end up getting a call from like penter finance.I'm like I have probably a and- and I always find that interesting- that whatis the I'm normally so sane about all that stuff right most of my bills, gothrough Trakai. I've go like different buckets of account be going money goingthrough, like everything is doing, but its sad one bill. Then, when it comesin I'm just like yea fuck this yeah. So so do you think it could be because youthink like it is a bit of a chip that they well. You know it when the like,for example, the m seven was built fifteen years ago right and the promisewas made that we're going to pay this road off, never going to charge minimalfees to finance. It then obviously the like shit. We can make a lot of moneydoing this and then they poked it up or do you think a part of it is like me,and I already pay like car tax already pay, my red short pay,these things and it's like fuck you're, just charging me a hundred and tellingdollars a week on just driving a road yeah. Oh, for sure I mean absolutelylike there is probably that, but I think it is probably a greatinconvenience thing as well. Like I mean I've got my tag, link to my myCreta right. So there's no point when ever when they can't just take themoney out and they do it all the time they fucking take the bucket lot ofmoney yeah. But if they send me a letter or let's say some, it doesn'tbeat for some time right. Send me a letter. I'd, never pay it until theyhit the panther finance. Sometimes I were actually almost proud of itbecause I know it probably cost them a bit more money to get money out of meyeah at the same time two cents for a letter, but it is stressful right it is.It is a a fuck. You know you know, and in the long run you ha your cracoedoing that but honestly, and that I find interesting so I thinkoften, and that most most of the thing, the way I solved that problem was, Iautomate, I jacked Abed all the bills that I couldwrite and now about the recommendation of thebank right. I use this bank all up bank right andI've been trying T R, it's quite a new bank, but it's back by Bendigo back inbank in Melbourne, which is a fairly decent sized bank in Melbourne. Rightin Victoria should say not Melbourne, and you know they have this likebuckets and you can organize everything and you see the how much payments arecoming out of your account. Let's say if the some one took a payment out,then more than was predicted by the bank. You can notify. So that's why I'm happily drecked up withall the all the charges and that works really well, so I thinkthat's another one to be. If we guess, if you pay your bills on time and setthose direct abits, do you guys have many tracked episode up or you guysmore of a Babil, Manuale kind of people? I'm like I used to be almost all directof it, and now I use a direct e bit with a Google notification. So my gym and US one more thing Icurable it was. I think it had something to do with yeah. It was from the government, I thelike it was paying tax back and it was just like an automated payment, so itwas like my gym, which you kind of have to and then when I was paid a bit ofmoney back to the tax office. Everything else in me is like t is oneway like. I don't don't use directives anymore, and I riginally did that because Ifound I could manage my bank fees a little bit better, but sometimes whenyou don't have the direct e Bit, you get to bank fees anyway, so I think itmight have been like self defeating. So I don't know if it's working or not, Ihave to figure it out, but what about you on that? For my phone bill, I actually should be on direct a, but thebill comes through and then I just pay it online and then other bills, likerent, is just an automated payment electricity. All those things areBelcom's through then I pay it. There's no like. I have no reason not to patthrough direct abit other than laziness. I guess, even though it'smore work to actually pay the billies time it comes through yeah, I don't really yea. I should comeup with a better way of doing it because I just paid them as they comethrough and it makes no sense for me not to pay them through direct a bit. Ijust don't yeah. Isn't it interesting when youthink about particularly when things come to money like there's so manythings that we do is just like, and the biggest thing is not talking about aswell, because you sit down to talk about money. It'ss just cricket sounds,you know, like you go people on...

...lycopolis. Are it's really? It isreally interesting and then it's in you rat. It's like directly distress. So alot of ten times. It's easy to not talk about it right, yeah and one of thethings so limited like a horrible thing, it one more horrible as to anyone else,but to myself that i did right so before lockdown i was training at the.I was raining ma for a while. They are right. Almost i seven eight months rideand then the look down hid- and i was you know i m and then the first first few weekthey just kept charging me, send him an email. I says so chiding me. I can'tcome to the gym right, we're locked on right in melbourne and they said: okaycool so and then the look down go lifted right and i was like okay, i'mplanning on going right, so i'm planning on going i'll go soon and youso they started charging me again and they were they charged me fifty bucks aweek right. So it was a very fucking big chunk of money. But you know you got fifty. You do so much with it anyway, knowingevery time it came out and then- and i said, and then we went to back toanother lockdown. So i was like okay cool whatever right and then theydisappeared because they didn't charge me to locked down and then and then iremember last time and i said to them- i think it was a look time were justgetting lifted and they charged me again. I said: hey i'm about to go on aroad like you know, go to sydney because that's what i was going to anew. Can we post by payment on post for the next? You know next two monthsbecause i'm just going to be. Oh, that's right. I was going to sydneyand then i go and looked down and told him to put my payment on hold because iwas like i'm going to go back to melbourne and then you know i'll do this and they said:okay, no whores, we'll put it on the hold, and i kept forgot about it. Istarted again the three hundred because i wouldn't say fucking cancelit fucking get lit. Oh there's an amazing step that the like the australian side institute asport did. I think i was lie, two thousand and sixteen two thousand andseventeen, and i feel like more people, are using the gym now more than ever,even though people aren't necessarily going stats are higher up like more ofthem that you talk to people now and they say yeah here or there. It wassomething like seventy five percent of people use it less than three times amonth and a lot of those are twenty. Four seven gyms which are like you know,fifty bucks a month is not crazy. Mounts your specialist gems. Thatyou're talking about is, you know sometimes fifty hundred dollar a weekbecause you're getting that you know closer detail, but it's like it'spretty crazy, but in saying that it's one of those things where it's kind ofwe can almost trick ourselves in to say. Oh i've got a gym membership, so i'mbeing healthy or we do. It is linked towards a really healthy behavior. So ifeel, like that's a that's a behavior, that we can actually go or i'llactually understand that, because at least we've taken the first step bysigning up to the gym but yeah, something like seventy five percent ofpeople use it less than three times a month. So it's like yeah, i likesubscriptions, are so yeah like they just get the as weapons have shiftedtowards that. Now, right, like yeah, i phones broke. I didn't buy my headphones out right, the ones i'm wearing now my headphones. I paid him off oftwo years. It was on a subscription service was just like. It was kind ofcrazy, like everything now like, like an after pair type deal yeah,so this one was done directly through the company, so it was just like a rentto pay until you paid it all off. So it's almost like a phone plan, but itwas just with head fins neuropores out to those guys hare the best but yeahit's like. Obviously, you've got all yourscreaming sites. You've got heaps of different ones, but even like insurancecompanies, so many of them are using that they realize just how effective itis that if you can, you can implement that sort of strategy but believe in,like like photo shop, a piece of software that you would die initiallyfor like a few hundred bucks like the right point now now you pay it everymonth for the rest of your life, it's in yeah yeah, it's quite clever,actually bit yeah super claver, and that that's that's! That's anotherthing like it's, because i remember when i first ever bought for the shopwas, i think, like fifty forty five s trillion dollars right. That was thefirst hour footles i bought, i think now. I probably let me see how much ipay for the creative suit, but it's almost close to six sevenhundred a year, and then i keep think that first of my that's every year,yeah crazy. I mean so clever on their behalf that they can get people to payfor that yeah titly and you can just about because it's the smaller amountslike a gob software as well. Microsoft word like it used to be an outright pay,but now you can just get a moting pay fifteen actually on with uni, so theypay it for me. But for that i was like fifteen a month, but ye. If you have itfor four years, that's frigging. You know seven hundred la you're paying fora two hundred dollar piece of software. It's like yeah, i i just think well and six hundred and sixty dollars peryear, just on or red, and it's likely that becomes a part of your life thatyou need a or...

...i mean in the case of the gym. If yougo once a month, you go oh no next month, i'll go i'll, go more and youjust feel to yourself and it you just justify it exactly. I mean there's so many people i canthink of, would do that so many people conna. So many! Yes, i want so many people, i'm talking so there's this- thataspect right so that you've got the income and then you got out meobviously behavior husband. Now this is the and then these systems right andthen this i was just talking about being able to catch the stupid bills,and you know random charges and stuff, and this that as well, so systems isimportant as well. An think ramat talks about it and the way i've once again. The reason i've set up allthis rectae, because i don't trust myself to do anything right, because ifi have mean my money in my account, i'll probably spend it right. So whati've done is like i've got like cycles of automated payment set up right,which, for example, you know- i've got different like two three different backaccounts, essentially that i use i've got a main account which is like, which is just a normal checking aroundtie, but that my money comes into that bank account and that bank fond takesit into like a savings account which i use you saver. He and you saver, and ialso use ing to talk about why i use to two of those right, but ing and you say,were have a slow bank transfer so t, which is super in case what i blessedit doesn't tressel back into my checking, go as quick right and i don'thave the cards. I don't have the cards, for i don't carry the cards forthose backs yeah. That means i will i'm less like this bington, so you say itwas really good because you say were works with your any well for me to workwith my neb and they have slow transfer, so they work really well for me andthose one i use for mostly small amount of savings. Like i say, if i'm savingfor something like let's say, if i'm saying for a car, i will a large asaving account with ing and you really good because they probably have one ofthe highest interest rates, and all you have to do is spend a couple bucks heand there from their card the all the work room. They changed that last year.Right, oh really! Well, i was with in g for the s m reason that i was gettingthese incan like interest rates and then they changed at last year wherethe interest rip got cut down and then, instead of envers you had to put in, ithink a thousand dollars a month and then make five transactions, but theychanged it so that you had to. I think he just had to have more moneythan the month before and like that was me for ing. I was like this is notworth it anymore, yeah right. What are you using for yousevings a can't know, i don't have a sevens accound anymore.I still have my ing a kind and it's just it's just hold my money and i'mtrying to invest more money in index funds yeah, but i don't have a regular savins, akind since that, because you i mean i geame, isn't ithink it was like one point: eight percent or something or tie two percent.It was crazy, but since that i just have moved away from it yeah. I thinkthis still have one of the higher interest rates like offering the marketyeah, so i think so most of the majority ofthe money. My majority of my money will go to ing right. So, like the moneythat i say, this is the interesting thing i'vefound about savings right soon, as the key thing is to get to a thousand themoment you get to a thousand, it becomes easier to save. Has any haveyou guys ever realized that the moment you get to a thousand and then itbecomes easier to save after every dollar that you save of yeah right?It's a bill amount, thousands yeah! I think that's pretty so you knowanything you sing for like let's say if you have got smaller consam for like atthe moment that a i'm saving for a saving up or a car right, and i foundbecause i saw my car and put that money in it was so easy to just grow thataccount like just like so quickly, because i'm i'm saving for that. Youknow so it's easy to. So. If you ever tryand say for something, i think one of the keys to just freaking start savingas soon as you can get to that thousand and then from there you know the nextstep and on words as well and like this is the craziest thingright, and this is one thing and then look for the new bank like when i said,like you know and keep up to date with what bank is offering better. You knowinterest rates and what not, because it takes a very little effort and you canactually earn your almost you know a hundred twenty dollars or whatever you,depending on what you're saying. This is right for nothing so which is pretty. I thinkit's really interesting, and so many people would just stay with the sameaccount that they got since they were young. It's like a it's like, not likeit's kind of a boring topic, it's hard to sit down every month and go i'mgoing to figure out where i'm putting my money. It's like not very fun, itdoesn't feel very rewarded and you guys were saying earlier on there's that kinlike taboo by talking about money. So,...

...instead of like being able to talk withyour mats about money, it becomes really awkward where you could actuallylike share some tips, and then everyone would get better at saving money andyou could earn more money. It's kind of stupid that we don't like we're, notmore open with it yeah, and i think that's might be oneof the beautiful things about crypto currency. That's come through theyounger generation. If you didn't seek it out yourself or youdidn't have influences from parental figures like there isn't any therewasn't any cultural push for younger people to be thinking so much abouttheir money like if you're saving up for a house and generally, if you had apartner, you were saying you like with then you do it in that way. But for themost part, it's just like it's not in the fabric of our generation, and ithink it's slowly shifting as well like i know i know more people than i don'tknow. It seems like that that a willing that can talk to me about, likecryptocurrency, can talk to me about investing and it's like well thatdefinitely changed even over the last ten years for my brother's generationwho's a few years older, like yeah, what do you think about cryptocurrency?What's your like opinion on on that at the minute? Well, i think it's reallyinteresting like i have not i'm not in a position right now to invest in it. So i, when i don't have alike when i don't have a steak in the race as they say i tend to like i'm notin it at all. So i've not just look at like. I can't just go to a shop andthen look at stuff to buy if i'm go to a shop, a goin a buy shit. But for me ithink it's really interesting and it's like it can be an amazing way to build, build money really quickly and even smartly as well,but it's just so new that there's just so much risk it still in its early ifitsy stage, which is just like game and still gambling at the end of the day so and it just. I just feel like it's.So it's at a point where, like if son, like you know some one like a moss,comes out and pulls a bit corn out of test to like at the market, still thatthat able to be moved like, i think, it's still really risky but like aslong as just like anything as long as you're, not investing more money thanyou can afford to lose like go for it and if i was able to, i certainly wouldbe in and amongst it for sure i think, there's an a gear. You've got somecrypto writer you're in interest. I've got some crypton. Ask you the samequestion that you are not one before yeah what you thought on crypto. Idon't know anything about it and like i've loads of mats that have gotmoney in it and have they're like virtually up a lot of money if theytook the money out, but i just don't know anything about it. I don't yeah, i don't know about it, so i'm notlike tempted age into it, and the sort of people who i follow in the moneyworld are like generally like super old. Like warren buffet, you know he's likehittie something and charlie munger and their opinion is to stay completely outof crypto, because it's soon you it's going up and down, as you were saying,lucky like a musk right to tweet about dodge coin, and it goes through theroof. China crack down on these like mines and then midcine falls through.It just seems too volatile for me to get involved in, but it's probably sortof thing in, like twenty years, look back and go oh yeah! I probably shouldhave got in on that when the time was right, yeah, it's the bit of a e and o and andof teas just entered the race as well. So, like i feel like that's, people arelearning learning from their mistakes, potentially of of your early crypto andnow and if there's taking on a greater role, because it's not just finiseslike it's actually can represent people's livelihood in their careersand everything else like it's going to be amazing. To see professionalathletes make money off their of their likeliness well beyond theiryears like, i believe, for a lot of athletes like someone like michaeljordan, and these guys are really smart. They started like a jordan like theirbusiness, but for a lot of these guys, while they're under contract, with likea team, for example, in the nfl tom brady, while he's under contract withthe patriots or in he's in the nfl, he gets his money from a ticket tails. Hegets his money from jerseys and that sort of thing. But when he's retired,like the team, gets that money, because it's a teams thing, he has to start hisown clothing bread that at least now people has t have the chance to have to make end of teas off their ownthing, and then they can just. I think that thing he gets old a hundred timesand they can and they continue to make money off it. So have you obviously a re. You probably be able to elaborate more on it. You obviously you're in thecript currency. Well, have you looked too far into nf ts at the moment? Yeah.I have a little bit so i i because i always spend so much time on computers.I pot. Originally, i bought a couple. I bought a few big coins here in there...

...a- and you know i had like a- i hadlike a bit coins and then i think it was like one and a half or like half up,because this is ages ago. Right i had and the funniest thing is. I actuallydidn't even know that i actually bought it like. If that makes is like. I wouldrealize that i had bought it like for a very long time. I thought. Oh, i heardeveryone talked about crips like oh yeah. I've looked into a appliance,yeah yeah yeah, and so i actually for very long and then i think it wasearlier last. The early last year so ton in two thousand and nineteen, irealized that i had almost like one and a half bit coin, but then i did as i iactually can't get into my world, because at the time the wards werereally quite primitive and then they weren'tonline and it also wasn't all instance, was correctly linked to your computer.I got an email saying your. This is what your thing is worth. I was like. I am rich rich and a yeah there's noway to reclaim that. But you know, essentially i am you know sitting is i think, but but that was interestingright i and then i last year, last year, last year, star be getting back intocryptarithm early in the last year, it so getting back into crypto and itstarted becoming more stable. So i was like oh yeah, you know i can it's. Thesystems are secure and reliable enough that it's easy to buy and easy to spin, so i've started doing that right, andone of the things i find is exactly what you guys said. I it's at themoment, no matter what people say. It is just gambling, it's just it's juststraight up gambling right and there is a aspect that it is growing over. Allif you just hold it'll, probably go by some aspect, but at the moment, as a stand, majorityof ise scamping, the market does fluctuate from day to day to by our. So you could you chuck in about fifty sand dollarsif you had that kind of money to just to waste right and it could turn intoyou know a hundred thousand dollars in the next hour right, but that's mostlywhere the money can be made in grip, op or from that. Crypto is pre right, yeah,very, very yeah. It's very you know it doesn't itdoesn't hold his ground and it's not it's not like it's impacted by a lotthat you can say you know i can read and what's you know you can't look at acompany's asset and you know you can't have a reliability of for index funthat it balances out. It's i mean you can also still emain in even bit. Coinwas like the you know: cryptocurrency you can balance your port for you, youcan buy the ones that are more reliable, but even those so crip bitcoin was themost reliable of the biggest of the most popular mainstream cryptocurrency,and that crash earlier this year and hasn't been, has not recovered. I thinkpeople lost like hundreds and hundreds and thousands of dollars on crash, andi obviously chacking more money but a tall. That's the reason why it started tolike they wanted to separate it from your regular stock market. They wantedto give every day people the opportunity to make real money and nothave it to so monopolized, but then, when it exists outside of that sort ofregulatory body, if you will even know the stock market is very much corruptin itself, you just don't have that. I guess youknow stop. Beating investing on the stock market is also a gaming as well,but it's a lot more controlled. So it's just like an infant stilltrying to find its feet, but it's definitely like it's definitely not yeagoing away like it's a going to grow and become a force that it is now butyeah like like with the impressing in the dogmarket. Is i don't? I think it's a lot more. I meanlook at the of the day. Is re thees risk everywhere right, but obviously-and this is this is a fact of- like you know, for the past thirty years themean of the toof, the three of the major index pans have returned ofeverage eight to ten percent and and this amenia over the past three years,so they haven't gone down. They have gone down, but they have alwaysrecovered to return eight to ten percent on average per year. So youknow so you go okay. Well, that's not too bad! I mean thirty years of danofthat holding study yeah, i mean. Obviously there was market crashes inthere, but on average the market return eight ten percent right, so you go well.That makes sense. I mean that's much more of the more. My back is open, soit's essentially a go like an index pons, essentially just a glorifiedsayings, a count which you could just say: hey. I've got my money in my banksitting there when at one returning one point, two percent or one point, onepercent whatever it is, or sometimes even less. Why won't? I just get eightper cent back. You know and that's like that's quite a slow, boring return.It's to see him, as you know, eating broccoli every day eating well anddoing like i, you know twenty pursis...

...every day, it's like pretty boring, butover this space of like ten years, you see these like human returns at er.Mesa like that's all i do is just invest body an index funds like thespie hundred and the australian stock market, and it moves so slow and, likei use cam sack and you see these stocks that are jumping like sixteen percentin a day and you think oh, i should have invested in that. But then it wasdone by sixteen percent, whereas with those index funds generally, eightpercent of a year is like really really good. It's just kind of like boring andnot really that exciting yeah, it's just like just a lang. Opening thebedding just faking rock solid, just not in thing, was arrested. Absolute absolutely absolutely is good,but yeah. I think a lot of these things seem a lot more complicated is becausewe don't talk about them right, and i know we're hitting the our mark aboutright. So i just want to quickly so sat start close getting start start gettingcloser to the wrapping up. Right can even talk, because we're talking aboutmoney at the masses is getting the man which people could say this right e.Maybe for just this episode will change our cover out to my me just with themustache definitely, and then i has to approve from the eeno it's. It isreally interesting right. So yeah. I think market is a lot more easyto, especially, i think the biggest thing anyone can do if they don't knowanything about the market. Right is start with penny investment right. It'sabsolutely dog shit right, but it's still better than not doing anythingright. You can it's this, this apt that i use and i use it because it just runsoff my money and take and put ye. I really that's a d one yeah. It runs offmy money invested right like it's nowhere near what you do. Actualmuscians is another app. That's designed to help you pay off your debt, but this iscalled raise, rait's, a six yeah. So if you buy a coffee for four to fifty, youround off to a dollar to nearest dollar and i'll, invest fifty cents rightscope. Investment is really good because you can still get up to. Ithink it's almost returning to three point. Four. Four percent, even thoughthat's like you know half what the market returns on, you know it's stillbetter than a bank and that's good for like getting you in the mindset of ican make my money do something for me. Instead of just sitting and like withinflation, losing money like that's a really good way to get you into thatman, stead of investing yeah me, try t yeah! Absolutely it'ssuper easy and it adds up. Like you know, you go, for example, i remember so my race, so i tried tokeep my race account blow five sand dollars, houras right, because afterfive thousand dollars they start charging your fees. So so so i meso started this year. Ipulled out all all the money right and by nothing like doing nothing at all.Apart from just round ups like every time i spend money, just wound up, i'mback up to twelve hundred dollars. So you go. Oh it's just even if i'm justsaved that money. Unconsciously, it's a good good habit to just do you know,and i think there's some sort of like fees that is so chasing a which isyearly. One do ninety nine cents. So i thinkthat's a pretty good, pretty good investments. If anyone wasto get get into that kind of stuff yeah we spoke, i think, a le times on theshow. Every time i have like this eye opening thing of, like that's fuckingcall, and then i just don't do anything about it. A it changes all right, sowas it isn't it race are yeah? I e that's why i m i getit robutel this time. Has the it's gonna. Take me some way i was iwas promised. I was promised fucking morgan fram and i still haven't foundany one that at so yeah i'm not happy. I think that's that's. Most of i thinkthe systems are super important automate. Everything is make it easy,just get rid of any transfers. Anyone that you have to do, which is changes.Your whole. You know money patterns. The way you see it yeah. I think that's most of the ideasthat i ve get up bank and get praise and do that automation for your savonsas well, like yeah. Do each month put in like three hundred dollars straightto a sevens account or to you know, an index or like ras orsomething automat, your sevens as well as your bills, yeah the biggest yeah.Absolutely i think the biggest thing is people say, oh on ever save ten percentor whatever right. So the way i do it is this a i don't know this is work forme. Maybe doesn't work for other people, so i would, i would say, i think,roughly five percent of my total income and then i've got another. You knowmoney rest of the other five percent...

...that i normally like to save would justgo into rest of, i think, is a fifteen percent. I got got remember the getcalculations, but we're going to like either subserving account or would go into something that i'msaving for like something i want to spend in the future like whether be acar as well right or it would just go in to investmentlike so i just raise, would take out money and, like you know, i'll juststress for it. I put another bank now that is my consent and then i'll justtransfer in to that as well. So those are the trust was to happen, andthen, if you have also this works on me, i have multiple accounts for differentthings, so i never really go to well. They there's one bank agon, which islike essentially, like my you know, trying i guess get married. You have awhite high house savings ride, which i never really touch on our term savingaccount right. So, but apart from that, all of theaccounts are usable, but i never see a huge sum up of money in any of thoseaccount because they just go to different places. So it makes it harderfor me to ever spend that money or like see it that i can easily trick to trickmyself into thinking that i don't have money, it's easier for me, becausethey're in different accounts for their purposes and like i said you know, isafo big savings. I would always hear at to date. I've been using ing, but ishould look into that. But you know for my other savings accounts, like youknow, or buying a car i use, i use a use, ju bank or, like a, i,also started a count called like you know like wedding like which is like.If i ever get married, i was like maybe i'll kep me, maybe you'll motivate toand file to go station. Apeman, like that, easy convenience, apps and likepay part, and these sort of things that have made their lives seem to likethey've, definitely increased or stout willingness in those situations to herhey. I don't have access to this money, so i'm not going to spend it. It's likeall. This is really easy. I can get it by doing things counterproductive ly inthe reverse, like you can it's like you can notify a lot of those traps that wefall into. So i really like that. That's right and i know the thoseaccounts have like, like a sis saying some of them have different interestrates, but obviously you know if you really want to get into a you, can workout like, for example, i know my cb. I don't really say much in it becausejust just put the money in for transporto come sack or another goodone is once again up bank ride. You can have one saving count and justcategorize your savings in different methods right and you get the you getthe interest on everything together, even though it's categorize for yourdifferent savings reasons. I think that's the number one, the best partabout haptanhaiti, pretty good yeah, so ithink trick your minds into like doing all those things that are hard and thenyou know, hopefully good luck towards you have a brighter financial future. I meant that brother konno yeah this is you saving up forthe house on yeah. That's! What's going to be yeah, trying to get something out of of money,yeah godall the tips and tricks yeah, i mean it's just it's just so much to know like i'vestarted from knowing nothing to no one, like maybe a quarter of a present andagain like talking to you guys and talking to other people. It's made ityou just you learn things that you'd know awareness of like in vast, and i was seemed prettyscary to me and i was like: oh, you could lose all your money and it seemedlike. Oh, you put a thousand bucks into apple and then you make like four husanbucks in a week. It it's just very different, but you have to read aboutit right and talk about it and go through all the bar and stuff to figureit out. Yeah and the great thing about theresources we have with the internet is like an get. You can follow andinteract with people that are switched on and you don't have to like: go inand pay a fee, er someone you can just get a hip of free content, ye make yourdecisions off that and there's always just like gambling fagan game moreresponsibly at the ave been selling you that i can put your money away. I lovethat, but yeah like don't invest more than you can afford to lose, becausethe outans it'll probably happen and we're probably having early on to so yeah very good. I just wanted tobefore. We close i wanted to ask, or on a question obviously going back to right at start of the program we'retalking about the kito diet when you eliminated all the cubs and youincrease your fat in take. Did you find yourself shitting yourself, a favorite,because i definitely did a. I actually find the exact opposite. I find yeah,i'm pretty pretty regular first after my first coffee in the morning, it'sstraight to business but yeah. I was like down from two or three a day tolike one yeah. I don't know why, but yeah i youhave or do you have like shakes? Do you...

...have anything that might be a yourfirst first thing when i wake up i'll, have a shack and then usually a coffeeand then not eat until me be three or four in the afternoon. I don't. I don'treally track my macros anymore, but like a lot of red meat, i don't reallyas much chicken as i was before. Yeah yeah, i turned off chicken, the lesscars i was eating at the less i wanted chicken eats weird like chicken andpasses. I have like my match, potatoes with chicken chicken in itself. I feellike a shit. I didn't like it i'm about. At the same time, i've got like my missmomo makes pretty much every meal for us, so i'm not complaining, but i always try to slip the porkin whenshe's, not looking that no real, i just chikudo for me that you put somesource on it and flavor it up. You o thing i like about a stake, is justgive it to me far straight. I might not know i just love that you said that youtry to slide the pork in when she's, not looking your very good, i didn't doyeaned you're in a calorie episode of your eating, less food like sometimesyou don't need to go as much, because you don't have as much fucking thing toget rid of him. I so yeah all that i guess as long as you're notconcentrated but hey. Maybe we say i mate my right voice, alitis yeah, itis. I will well talking about talking aboutchanging your life, so i'm about to just a little shot out. I'm about tostart this thing called seventy five day, hard challenge which is meant tobe you know or which is you know you or died for seventy five days work outtwice a day for seven five days, drink three liters of word sent seventy fivedays and i think there's a couple of other things as well: the don't drinkalcohol, no cheat meals and takes progress beak for seventy five days. Itseems like requirest on yeah and like like we're talking about the reason wetalk about money is to actually change your life and make it better. This is agood way to get your focus back on, because the moment you start losingfocus on those things. It just goes haywire yeah and they intersade inmultiple facets of life right like as not just one you. Never everything isself good, but fact my money shits, like now my money, shit and i'm biddingmy wife now to strike by everybody, should head like i'm eating a healthylike i'm, not sleeping grade all right, the rails are coming off, but you saidthat that's it an hour and a half. I'm not big. Actually, i do need to give ashout it now that i mentioned beating my wife, so what i do is so when i get paid eachweek, i send all the money to her. She pays all the bills and he gives me themoney, the back and spencer. I actually am very lucky in that regard, so heshot out to charlotte and that be very much all right, very good, an anear closing thoughts. Thank you somuch a connor coming on tonight, but it's been really fantastic, reallyenjoyed it pleasure. Thank you guys very much thanks thanks for putting upwith this was got a difficult and a drive topic to talk about, but heysomething something i would rather talk to, but someone i know would get intoit with us a hundred percent. Now that was really good and people. You knowthe truth is most people not talking about as all so i think people going tofind great benefit and we're helping a lot of people there. So very good. Thathas obviously been episode. Number thirty of the clement es podcast.Please give us a follow on our social medias on instagram spotify, applepodcast of where you're consuming our podcast. Give us a like. It is asubscribe. Tell a friend share the stories around and shout out to bro. I can't believe i blanked who gaveus like mad feedback the other week and i enjoy i'm so sorry and joy. Like i super thankful, i didn't wasn't blakeyou on your name. I was like who now that was so good did so yeah. We reallya shot it pro, because anger was in lockdown. He's list set thou pro, whata basic listen to the hopeworth. To give him some sign facing t shirt soon,a shtover o god bless anyway boys. Thank you so much. I hope you guys allhave a fantastic night enjoy the lockdown period stay safe, mak, keepyour head on a swill consume more positive things than spend our time inreading books than reading the media. So that's all. I can give my advice fortoday. So yeah love, you guys very much have a good one. Picta e t.

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