Being the financially responsible sibling is great. Until everyone starts assuming you'll be the one footing the bill for Mum and Dad.

This week, we're getting into a family money dilemma that's probably going to ruffle a few feathers. One community member has spent years building her savings, while her siblings have been spending theirs. Now their parents are getting older, and she's worried being the sensible one means she'll automatically be expected to contribute more. Is that fair? And how do you have that conversation without starting a family war?

Plus, a 22-year-old business owner wants to build her property empire and is wondering whether buying a home through her business could be a clever tax move, or a very expensive mistake. We're unpacking what she needs to consider before jumping in.

And because it's Friday Drinks, we're also debating whether wearing socks to bed is an actual crime, celebrating some seriously impressive Money Wins and sharing Broke Tips that might save you a few dollars.

Grab a drink, friends. We've got opinions.

 

Thank you to our friends at Revolut for helping bring our money wins to life! To learn more about Revolut and get your $40? – click here! 

INVESTING CHEAT SHEET, INCOMING: Grab a copy of our investing cheat sheet over on our website shesonthemoney.com/download-resources.

WTF IS COMPOUND INTEREST? Learn all about what folks have described as the eighth world wonder by searching for ‘compound interest’ on the blog: shesonthemoney.com/blog

New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you. 

Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements (queenacknowledgements.com)

The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708,  AFSL - 4451289.

Being the financially responsible sibling is great. Until everyone starts assuming you'll be the one footing the bill for Mum and Dad.
This week, we're getting into a family money dilemma that's probably going to ruffle a few feathers. One community member has spent years building her savings, while her siblings have been spending theirs. Now their parents are getting older, and she's worried being the sensible one means she'll automatically be expected to contribute more. Is that fair? And how do you have that conversation without starting a family war?
Plus, a 22-year-old business owner wants to build her property empire and is wondering whether buying a home through her business could be a clever tax move, or a very expensive mistake. We're unpacking what she needs to consider before jumping in.
And because it's Friday Drinks, we're also debating whether wearing socks to bed is an actual crime, celebrating some seriously impressive Money Wins and sharing Broke Tips that might save you a few dollars.
Grab a drink, friends. We've got opinions.
&nbsp;
Thank you to our friends at Revolut for helping bring our money wins to life! To learn more about Revolut and get your $40? &ndash; <a href="https://www.revolut.com/en-AU/sotm/">click here!&nbsp;</a>
INVESTING CHEAT SHEET, INCOMING: Grab a copy of <a href="https://www.shesonthemoney.com/download-resources">our investing cheat sheet</a> over on our website <a href="http://shesonthemoney.com/download-resources">shesonthemoney.com/download-resources</a>.
WTF IS COMPOUND INTEREST? Learn all about what folks have described as the <a href="https://www.shesonthemoney.com/blog/how-compound-interest-works">eighth world wonder</a> by searching for &lsquo;compound interest&rsquo; on the blog: shesonthemoney.com/blog
New here? Follow us on Instagram (@shesonthemoneyaus) for Q&amp;As, bite-sized advice, daily money inspo... and relatable money memes that just get you.&nbsp;
Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements (queenacknowledgements.com)
The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708,&nbsp; AFSL - 4451289.

Australia’s #1 finance podcast. Ready to take control of your money without the stress (or boring lectures)? This is the show for you. Hosted by award-winning financial expert and your ultimate money hype girl, Victoria Devine, SOTM makes personal finance relatable, empowering, and yes actually fun. Join a community of 400,000+ smashing their financial goals, from buying their first property to learning to invest, levelling up their careers, or tackling budgeting, saving and debt all without giving up their morning latte. From Deep Dives into the topics you care about, to pervy looks at real life Money Diaries or cheeky Friday Drinks money talk with the girls, Victoria and her team make finance feel like your group chat, just way better for your bank balance. 

It's honest, relatable and non-judgmental talk about personal finance, investing, real estate, career and business... with a big dose of fun.  

Australia&rsquo;s #1 finance podcast. Ready to take control of your money without the stress (or boring lectures)? This is the show for you. Hosted by award-winning financial expert and your ultimate money hype girl, Victoria Devine, SOTM makes personal finance relatable, empowering, and yes actually fun. Join a community of 400,000+ smashing their financial goals, from buying their first property to learning to invest, levelling up their careers, or tackling budgeting, saving and debt all without giving up their morning latte. From Deep Dives into the topics you care about, to pervy looks at real life Money Diaries or cheeky Friday Drinks money talk with the girls, Victoria and her team make finance feel like your group chat, just way better for your bank balance.&nbsp;
It's honest, relatable and non-judgmental talk about personal finance, investing, real estate, career and business... with a big dose of fun.&nbsp;&nbsp;

Empowering you to take control of your finances, one relatable, brunch-worthy chat at a time.

She's On The Money

Australia’s #1 finance podcast. Ready to take control of your money without the stress (or boring lectures)? This is the show for you. Hosted by award-winning financial expert and your ultimate money hype girl, Victoria Devine, SOTM makes personal finance relatable, empowering, and yes actually fun. Join a community of 400,000+ smashing their financial goals, from buying their first property to learning to invest, levelling up their careers, or tackling budgeting, saving and debt all without giving up their morning latte. From Deep Dives into the topics you care about, to pervy looks at real-life Money Diaries or cheeky Friday Drinks money talk with the girls, Victoria and her team make finance feel like your group chat, just way better for your bank balance. 

It's honest, relatable and non-judgmental talk about personal finance, investing, real estate, career and business... with a big dose of fun.

Australia&rsquo;s #1 finance podcast. Ready to take control of your money without the stress (or boring lectures)? This is the show for you. Hosted by award-winning financial expert and your ultimate money hype girl, Victoria Devine, SOTM makes personal finance relatable, empowering, and yes actually fun. Join a community of 400,000+ smashing their financial goals, from buying their first property to learning to invest, levelling up their careers, or tackling budgeting, saving and debt all without giving up their morning latte. From Deep Dives into the topics you care about, to pervy looks at real-life Money Diaries or cheeky Friday Drinks money talk with the girls, Victoria and her team make finance feel like your group chat, just way better for your bank balance.&nbsp;
It's honest, relatable and non-judgmental talk about personal finance, investing, real estate, career and business... with a big dose of fun.

I Saved My Money. My Siblings Spent Theirs. Now I'm Expected to Pay?

https://api.omny.fm/orgs/fa326977-3de5-4283-9b8b-af3500c58607/clips/5b6e8071-df63-4f02-86f0-b4c7005b03d0/transcript