Kate Campbell

Yep.

And it might not be.

You might not currently be in a position where your income is greater than the expenses, all the money you're paying on bills and rent and things like that.

And so then it might be time to go, okay, is there any ways I can create more income for a side hustle for changing jobs through reducing some of my expenses or just starting with a small amount?

I might start with $50 a week and then hopefully in year two, I can increase that amount.

Yeah.

And so we've got this big long-term goal, which is buy our first home.

And then we're adding some short-term goals to that.

And so that might be learn more about property and you might take the road trip course about property.

Another short term goal might be to figure out your budget for the first time and figure out what's coming in and going out of your bank account each month and trying to create a budget that means you can put money aside on a weekly or monthly basis for this big goal.

And then the third short term goal might be to set up an automatic transfer each week or each month that moves that, whether it's $190 or just $20, whatever you've got available,

moving it from where you get paid into your house deposit account.

Yeah, so then there might be you want to increase your income at work, which means you might be able to service a larger loan and put more money away for your house deposit.

So you might work, how can I over the next 12 months invest in maybe doing a short course or doing some further training so I can negotiate a pay rise at work or potentially move to a company with a…

a higher wage and am I able to start putting examples of my work aside so I can have that pay rise and salary negotiation discussion?

And could I contact a mortgage broker?

And that might be two or three years down the track that you talk to someone to discuss how it all works.

Are you eligible for any of the government concessions that might be relevant to you?

And starting to speak about how the process works, how you can get your bank statements looking nicer for the lenders and things like that.

Yeah.