Modern Women DON'T Look At BIG PICTURE
Episode Stats
Words per Minute
191.76482
Summary
In this episode, we talk about the cost of living crisis and how it affects us all, and the impact it has on our day to day lives. We also talk about what it's like to work a 9-5 job in the tech industry, and what it means to be a millennial in the 21st century.
Transcript
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would you rather have at 60 a husband a roommate or live with your parents well obviously i would
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rather have i mean obviously i'd rather have a partner like my husband however that doesn't
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mean that i'm willing to sacrifice i mean you must live in a nice house boy because she's like i
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sacrifice i mean i do i do i do pretty well for myself i'll be honest she'd be like this list
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yeah but i'm not i mean but i yeah maybe that is my privilege maybe i should check my privilege
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that i haven't yeah i i have i've been very fortunate i have a really good job i i'm a
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content creator i make extra money on the side as well so like i can't fathom a possibility
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of my life going that way and so i think it is because of that privilege that that will shape
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my perspective um so maybe i should take a step back i have a question um out of everyone here
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who has six months of expenses covered if you were to lose your job tomorrow so you do
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six okay that's it no not half no no wait so one wait raise them high raise them high so one two three
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four five that's decent half that's like more than i thought like we would have
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what's standard of living though like because i'm gonna have to cut all the way back by month six
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whatever your standard of living is now oh yeah yeah i can sustain myself beans are still good
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um so have you guys had to make any changes to your spending habits in the past six months
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and has and has your job industry or job prospects changed drastically since 2022 or in 2022
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anyone yeah well i i'm a tattooist by trade so my my clientele fluctuates throughout the year
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obviously summertime preparing for summertime everybody wants to you know get their tattoos
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done but then times like now coming into winter you know they have more um different obligations
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and different avenues for their finances to go down so yeah this is this that winter time is my
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time to chill out hence why i've spent so much time with my other projects um so yeah i think
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everybody's feeling like that right at the moment anyone else anyone well you mean what like have
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you guys had layoffs at your companies i've had layoffs at your company what do you what do you work
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as you said a content creator well well that's like on the side this is on the side working i work in
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the tech industry so i'm a management consultant oh okay so text it's been hit hard and tired yeah um
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yeah and then i have friends who are friends who are at amazon our friends who are at twitter none of my
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thank god so far um none of my friends have been laid off but uh i have a lot of people like that
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are all most of my immediate circle are in the tech industry as well so it's a tough topic yeah it's not
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affected the entertainment industry for me anyway there's still films being made so it's about whether
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you get a job as an actor or not so it's even more additions now yeah i feel like it's allowed people to
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like think smarter into their like investment choices so obviously before i would work and spend
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money and just buy useless stuff yeah like oh i want the new iphone that's coming out this year so
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i'll get it and then obviously when you get hit by something such as like the cost of living crisis or a
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pandemic it allows you to think okay how can i think smarter and make money that will generate wealth
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and do certain things so for me i've looked into stocks and trading ices and kind of trading and
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doing stuff like that that will i can put my wealth into something and then flip it and generate more
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and then keep on doing it so some things it's not immediate you know sometimes people invest things
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into things that will get them immediate gratification sometimes it doesn't work like that
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but in 10 years i can say wow i've managed to put a certain amount of money no matter how much it is
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and flip it and in 10 years time i can look into that and be like wow at least i invested and now
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i can do something else generate and like work in something like property or whatever it is i can
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invest that into something else and flip that and i think that's really important like with my generation
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especially is material objects they're not going to last forever you can have the newest louis pouch but
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if you don't know how to invest and kind of invest into your future sometimes it won't last
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sometimes you might be really lucky and manage to do everything but i feel like sometimes you have
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to look at things in a bigger picture when you're younger and it will help you manage to do it when
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you're older and then you if you look at past examples made by family members or something like
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listen to your family members because whatever they're telling you you might think at the time oh
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they're talking like whatever but then when you look at back in 10 years time you'll be like wow
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my family really tried to set me up for generational wealth and try to really help me get money
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opportunities because they can see things that you won't even see happening yeah and i think that's
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really important like yeah my family were the ones that taught me about generational wealth and just
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being invest well and invest in things that will make you profit and help you in the future so maybe
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not right now but in the future that will definitely be an investment i'll look back on and be like i did that
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i feel like you're really fortunate to have family members who were able to like guide you in that
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sense because i feel like a lot of parents not necessarily know how to guide their children in
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like the modern world today especially like with everything rising and just this different environment
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nowadays and i agree that now for me personally i'm much more cautious when it comes to what i'm
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spending my money on now and obviously i work a part-time job but i'm just the same opinion there
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where it's like you might want to get that thing or spend it on that expensive shoe or whatever it
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is that interests you material materialistic things really i'm much more like sensible now i'm thinking
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okay i can spend my money on that but maybe the budgeting thing that you were saying like dividing
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it to a sense where it's like okay i'm going to put that for that and put this down for investing in
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my future investing in myself in whatever form that is like you said cryptos and stocks and stuff it
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could be investing in your business whatever it is like even if you want to be like on social media
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content creation whatever investing in that just in yourself and whatever you want to do and set
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yourself up for where you see yourself in the future just so that when you're at a particular
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obviously i'm quite young but when you're at a particular age you don't really want to be
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struggling how people are struggling you know what i mean like or if you've got parents as well that
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struggled to like raise you and stuff like you don't want to repeat that in your family or in
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your in your generation or whatever so you're trying to like work 10 times harder to make sure
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that you don't repeat just family curses in it to a degree you know i mean i feel like it's much more
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prominent now for people to be cautious of not everyone but there are like probably in my circle
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just a large amount of people who are very cautious of that and thinking ahead and thinking
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in the future which i think is very important extremely important to do so if you're young
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it's like for me i think it's the best years for you to even think about your future like you
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shouldn't really be wasting it on like things that are just gonna go do you know what i mean like
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sustain sustain make sustained decisions don't buy balenciaga don't buy don't buy balenciaga yes louder
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but also i feel like would you sorry no go ahead oh would you argue that like things such as covid and
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everything played a factor in your mindset now and how you think obviously because covid obviously
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loads of people would have been made like redundant would have been laid off and obviously it made you
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think sometimes about your mindset and it allowed people to like be like wow okay so i can't work at
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this current time or furlough and everything so how will i cover the difference that i'm losing
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i think for me it's more of a personal reason as to why i'm like ambitious i'm motivated and just
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dedicated to making those changes for myself but i agree with the covid situation like i was one of
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those people who was a victim of it like i lost my job i had a certain amount of money that i was just
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having to live off and it's like it's just deducting deducting and there's no more gains because obviously
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i lost my job and i was one of those people so i guess it's like to a degree that could have impacted
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my mindset and i started to believe that okay anyhow you could just lose your job nowadays
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and then what you're gonna do do you know what i mean would you say you're extremely frugal now
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what do you mean by frugal like that means not spending a lot of money um right now yeah i'd say
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so i'm very cautious of what i spend nowadays to be completely honest with you well how do you have
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your nails done then that weren't her money just to put it out there like it was literally my
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birthday girl it was two weeks right it's not really uh get your nails done if you want to get
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your nails done it just didn't sound like what you were saying yeah yeah i hear your point but
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it's like at the end of the day you can put money down for certain things that you like to enjoy i'm
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not gonna restrict myself and be living a certain way just do you know what i mean like you put your
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money down for that you also put your money down for that and that's fine obviously for my birthday
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i do like to look nice spend money on my appearance i'm a woman at the end of the day like
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appearance is a very important thing so it's just okay i'm just gonna say um to add to what everybody
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said here what i would say is one as i said before do a spreadsheet set yourself goals that you want to
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achieve don't watch anyone just do what you're doing be resilient yeah because life is hard it's not
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easy sometimes you have to have setbacks you have to lose money if you're gonna sit and say i've never
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lost money i've lost money i've been broke it's part of the process appreciate it it allows you to
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have gratitude for your situation your and appreciate the present yeah looking at the future is always
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good and it's the right thing to do but also look at the present appreciate it absorb it and allow it to
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just you know give you a bit of time to reflect and then go forward from that but set yourself goals
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so if you know your money's getting stripped back you can say okay if i save five pound here five
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pound there in the future i actually have more money to spend on things that i like so as many of
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you know i was just banned on tick tock and we are demonetized on a daily basis on this platform if you
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