Meet a 28-year-old Money Diarist working 100+ hours weekly in mines, striving for sustainability. Hear about her financial struggles, journey to purchase a townhouse, independence in decision-making, extensive travel experiences, and overcoming debt through unique strategies. Explore embracing spontaneity in travel, navigating investments and debt, and balancing work with rest in a mining career.
The guest balances a demanding job earning $187k yearly in mining, emphasizing the need for hard work for financial success.
Striving to buy a house, managing debts, and investing in ETFs highlight the guest's focus on future financial goals.
Deep dives
Podcast Overview and Welcome Message
The podcast episode features a proud Yorta Yorta, Kurnai, Waupree, and O'wagiri woman who acknowledges the traditional custodians of the land. It focuses on connecting, empowering, sharing knowledge, and storytelling to make a positive impact. The discussion unfolds with a dialogue about a listener working over 100 hours a week in a niche role in mining, earning a high income, and reflecting on their financial journey.
Financial Journey and Challenges
The guest shares their upbringing on a farm and transition to city life, experiencing financial shifts due to family circumstances. From struggling in a natural medicine career to working in the mines, the guest highlights the challenges, including a career change for financial stability. The discussion delves into the impact of family struggles and personal growth amidst financial hardships.
Income, Bonuses, and Financial Goals
The guest reveals earning $187,000 annually in a demanding role in the mines. They discuss bonuses based on safety and production targets, emphasizing the need to work hard for financial success. The guest also shares aspirations of buying a house, deposit savings, and managing debts like HECS and car loans.
Money Habits, Investments, and Future Plans
The conversation touches on the guest's money habits, balancing spending on necessities and leisure, and reflectiveness on impulsive spending to improve financial discipline. They discuss investing in ETFs, planning to buy property, and seeking future financial advice for retirement goals. The guest shares insights on healthy financial habits and the importance of seeking professional advice for financial planning.
Today's Money Diarist is 28 and working over 100 hours per week in a niche safety roles in the mines. As the first of 7 in her family to graduate with a degree, she's as hard on herself as she is a hard worker! Looking to make her hours more sustainable long term, her passion for the change she's making everyday in the workplace is what fuels her. We can't wait for you to meet her.
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