How to Reach $100k By 35: Skills For Supersized Savings

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She's On The Money 45 min 3 speakers 8 chapters transcribed 8 days ago
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What is the purpose of the episode and why aim for $100k by age 35?

Victoria Devine 0:00
She's on the money.
Bec Syed 0:02
She's on the money.
Natasha Bamblett 0:10
My name's Natasha Bamblett. I'm a proud First Nations woman, and I'm here to acknowledge country. Hello, beautiful friends. We gather on the lands of the Aboriginal people. We thank, acknowledge, and respect the Aboriginal people's land that we're gathering on today. Take pleasure in all the land and respect all that you see. She's on the Money Podcast acknowledges culture, country, community, and connections, bringing you the tools, knowledge, and resources for you to thrive. Hello, our lovely little.
Bec Syed 0:34
Listeners and welcome to She's on the Money, the podcast that helps you feel more in control of your financial future. You've joined us for another deep dive where we'll be taking on an ambitious but achievable money challenge. Do you reckon you could save up a hundred K by the time you hit thirty-five?
Victoria Devine 0:49
No, because I'm already thirty-five and so I can't work in the past, Rebecca.
Bec Syed 0:55
Well, I'll tell you what, V D, you could have fooled me. You're done with a day over 25. Thank you. Thank you. That's all the botox that's in my forehead. It was really working. Thank you. Thank you. Maybe you're only a few years away, or maybe like a few of us on the team, that milestone has well and truly sailed. No matter where you sit, this episode is packed with ways to reframe the way you earn, spend, and manage your money. With learnings for well. be on this bracket. I'm Bexide and the brilliant Victoria Devine is here to help me dive headfirst into this subject from start to finish.
Victoria Devine 1:27
I am here and I am very excited about this episode because I feel like a hundred thousand dollars in savings before thirty-five is a really ambitious goal. But I really guess that depends on where you're at and what you're saving for. And I don't know, I feel like there are a few ways that we could get you saving a hundred grand. Mm-hmm. How how could it be? How could the boys do it?
I
Bec Syed 1:51
I'm at three four. And So that's possible still. Let's say it's possible.
Victoria Devine 1:57
So you just wanted to remind me that I am still the oldest.
Bec Syed 2:00
I did want to tell you that, hey, listen. You're welcome. You're not the springiest chicken in this.
Victoria Devine 2:06
I'm not. I'm not. And do you know what? I was just thinking as you were talking that um my Botox isn't working as hard as it should. Like you were like, You don't look a day over twenty five and I'm like, Babe, I do, but I do still feel like I look thirty five.
Bec Syed 2:19
That's wild. You
Victoria Devine 2:20
definitely don't. No, no, no. Like that's not me fishing for compliments. Like being thirty-five's a privilege. I'm not mad about it. No. But like At what point do I get the opportunity to age backwards? I know what you mean. Biohacking, not for me. Yeah, no, it's not too late. But look at Chris Chris Jenner. Oh no, that was a whole facelift, babe. That was a whole facelift. You can buy a new face at any point. Actually terrifying. No, let's talk about money, which is terrifying, but not as terrifying as them peeling off your face and resticking it somewhere else.
Bec Syed 2:51
Okay, let's do that. All right. So I guess VD, if you'd approach me in my early 20s and said, here's how to make 100K, I'll think you're, firstly, a scammer, and secondly, delusional. So I'm definitely keen to hear how to make this feel practical.
Victoria Devine 3:04
Practical, you know? Absolutely. And I can promise you right now that I'm not a scammer. But if you could just send me your bank account in no. No. And I feel like that's the name of the game that we are playing today, Beck. I want to tackle this in a way that feels approachable and a way that actually makes sense and means that you could probably do it. But that means I have to break down the goal. And I always talk about breaking down the goal, but today we're going to break it down a Three parts, what you earn, what you spend, and ongoing money management. So hopefully by the end of the episode, you're gonna feel really empowered to make money moves that essentially amplify your wealth or at least leave you with a mindset that shifts you into being able to reframe what your next financial goals are going to be.
Victoria Devine 3:46
But first, coffee break.

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