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How much money is in your bank account? | Taboo money chats

HOSTS Maddy Guest & Sophie Dicker|8 January, 2024

Has anyone ever asked you how much you have in your savings accounts? Would you be willing to show someone the figure if they asked? There’s a high chance you’ve either answered no to both those questions or you feel a bit uncomfortable about the thought of someone logging into your bank account!

The fact of the matter is, money is STILL a taboo topic, and we aren’t properly educated on how to approach conversations about our finances. This summer series is here to break down that barrier, and give you the conversations starters you need to broach money chats in your own life.

This week, Mads and Soph talk about their current money vulnerabilities, exposing their savings balances, why they feel like they can’t keep up with the Jones’, and how they plan on changing their money mindsets for 2024.

But the conversation doesn’t end here… we want your thoughts!

  1. Would you feel comfortable showing your friend your bank account? Why or why not? 
  2. Do you feel you’re financially ahead or behind where you expected to be at your age? What contributes to your perception?
  3. Do you have a story about how you’ve been able to make additional income?

Send your perspectives to yigc@equitymates.com for our BRAND NEW NEWSLETTER (YAY). And don’t forgot to subscribe whilst you’re at it: https://taboo-money-convos.beehiiv.com/subscribe

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This episode is brought to you by Up, the digital bank for our generation. Download and sign up to Up and use the code YIGC and they’ll deposit $10 into your bank accounts. That’s Up, easy money.

More About

Meet your hosts

  • Maddy Guest

    Maddy Guest

    Maddy lives in Melbourne, works in finance, but had no idea about investing until she started recently. Her favourite things to do are watching the Hawks play on weekends, reading books, and she says she's happiest, 'when eating pasta with a glass of wine'. Maddy began her investing journey when she started earning a full time income and found myself reading about the benefits of compound interest in the Barefoot Investor. Her mind was blown, and she started just before the pandemic crash in 2020. What's her investing goal? To be financially independent for the rest of her life, and make decisions without being overly stressed about money.
  • Sophie Dicker

    Sophie Dicker

    Sophie lives in Melbourne, and enjoys playing sport, and then drinking red wine immediately after finishing sport. She works in finance, but honestly had no idea about investing until her partner encouraged her to start. She says, 'my interest has only taken off from there - I find it exciting… I mean who doesn’t like watching their money grow?' Her investing goal is to build the freedom to do things that she's passionate about - whether it be start a business, donate to causes close to her, or to take time out of the workforce to start a family. Right now, there’s no specific goal, she just wants to have the freedom when she'll need it.

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