Uncensored Money Season Three: Mel Responds to a 'Helpful' Comment

Melissa Browne: Ex-Accountant, Ex-Financial Advisor, Ex-Working Till I Drop, Now Serial Entrepreneur & Author, Financial Wellness Advocate, Living a Life by Design | 07/09/2022

 

Show Notes

In this episode, Mel and Lawsie respond to a comment left on a social media post by a woman who suggested that “you just need to spend less than you earn and pay off your mortgage and you'll be fine. You don't need to buy some overpriced course to figure out money”.

During this episode, Lawsie also mentions the free webinar on 50+ Ways to Find $5k in 5 Months.  

If you know you need more help with your finances make sure you join the waitlist for the next round of the My Financial Adulting Plan. 

If you're not already, come play over at insta at MelBrowne.Money and make sure you are signed up to Mel's Money Musings and Monday Money Moments (yep, we love us some alliteration) for more tips, tricks and ideas on how to best work with your money.

Finally, if you love this episode please make sure you subscribe and leave us a review.

 

Transcript

Mel: So I've been doing some advertising on Facebook and that's just a whole other conversation we'll have about why Facebook banned a woman from talking about money to other women online. So I can have fake accounts follow me, and that doesn't go against Facebook community guidelines. Just don't be a woman trying to educate women about money.

Let's just park that there for another day. I've been running an ad on Facebook about about money and why, you know, paying off your mortgage, yes that's one thing you could do, but also there might be some other strategies. And the delightful Cheryl made a comment on that post, which you're gonna get people commenting that don't know you when you are putting yourself out there. And Cheryl's comment is “you just need to spend less than you earn and pay off your mortgage and you'll be fine. You don't need to buy some overpriced course to figure out money”.

Lawsie: Thanks

Mel: Thanks Cheryl. So what I thought we'd do though is unpack this because I absofreakinglutely believe some people will believe some or all of this statement that you just need to spend less than you own. That you just need to pay off your mortgage and you'll be fine. And you don't need to buy some overpriced course or let's even twist that to pay some overpriced financial advisor to figure out. So that's what we are gonna unpack in this episode.

So if you have held one of these beliefs before, or maybe a family member has parroted all, or part of this to you, then you might be curious to see what we think about this. So I wanna start with the first bit. I feel like I'm doing comprehension at English at school, and I have to say....

Lawsie: And you're highlighting parts of the sentence.

Mel: I loved comprehension. I did four unit English school. I feel like this episode was made for me.

Lawsie: I feel like there is a little difference between comprehension and four unit English, just quietly as someone that did not enjoy having to enjoy English at school. But anyways, so yes, the first bit of the comment was that you have to spend less than you earn and...

Mel: She's absolutely right. At part of a huge part of sorting out your finances as we see all the time Lawsie is people spending more than they earn and putting that on credit or putting that on Buy Now Pay Later or redrawing off their mortgage or grabbing super, which is what we saw when COVID hit, or having lifestyle creep happen where sure, they might not be spending less than they earn, but their spending is lifting with their income to the point where they can't ever imagine going back to that income that maybe they once were.

Lawsie: Yes. Yes. And I think that is, yeah, like that absolutely has to be one of the things that people address. People don't necessarily know how to do that. Like I know when we first start working with some of them, they suddenly go, oh my God. Now I understand why I feel like I'm always chasing my tail and never getting in front.

And for us, it's a simple thing to say, well, just spend less than you earn. But if you haven't been educated around that, or if you've never even been taught how to bring awareness to what you're actually doing with that, then it's actually not as easy as it might otherwise seem.

Mel: So true. And that is absolutely something we are doing with the Financial Self Care Challenge at the moment. It's something that we do inside the My Financial Adulting Plan, the bigger course, and I mean, all already, if we pull her last line, 'you don't buy some overpriced course', the problem for a lot of people is we didn't get taught financial literacy at school.

There was no Finance 101 class at school, which I genuinely think there should be. Then Cheryl's right. There would be no need for my course. But a lot of people don't know how to bring awareness to finances. They don't know how to set up their bank accounts for success. They don't know how to go in and challenge their spending, or what they could swap to, or even what, how much does everyone else spend on food a week? Am I being reasonable or am I being so bougie that it's like I'm setting out a banquet for my family every single night and you know, I just can't afford to do that anymore. And I think that's the power of knowledge is understanding how to. Cause you so freaking right. That it's one thing to say it, it's another thing to do it. And then it's another thing to know how to do it. Yes.

But the other side is yes, the delightful Cheryl is right. You do need to spend less than you earn, but that the words she used around you 'just' is wrong, is so wrong. Cause if all you did is spend less than you were, that's actually not enough.

If all you do is spend less than you learn a) that's not gonna be enough for some people who don't earn very much. We deal with people where, you know, you can only tighten your belt so much. After that point, you've gotta learn about investing. You've gotta learn about finding more cash, cause if you don't, you absolutely are gonna be left behind.

So the other side of spending less than you earn is finding more income. And the problem with this, and I feel like Cheryl is the walking epitome of this, is that more than 70% of articles directed at women, and we know we've talked about this many times before, is that we just need to spend less. More than 90% of articles directed at women are that we are over spenders. So is there any wonder that women like Cheryl have received the message of you just need to spend less than you earn and that's it.

Lawsie: Yeah.

Mel: For me is problematic. It's we need to figure out how to invest, how to find more income, how to find more cash.

Lawsie: Definitely. And if you are wanting ideas with finding more income, we'll just give our little free webinar a plug there. We've got a webinar that we recorded earlier this year that you can jump on. We'll put it in the show notes and you can jump online and grab. And it was over 50 ways of being able to find 5k in five months, essentially.

Mel: You don't need an overpriced course for that. That's free.

Lawsie: It is free and lots of ideas. But it's just sparking some different ideas for you to think differently around well, how can you find more income, particularly as you were saying, if you are already feeling like you've tightened your belt enough and there's nothing else to give, but you're wanting to do more with your finances. Well, the other side of the equation is find income and that's something that we've got there for you. That you can access for free.

Mel: And one of those ideas, we speak to a lot of people where they feel stuck with rent, you know, they they'd love to get into a house. They they'd love to save a deposit, but rent is just sucking up such a big income. One of the ideas that we have in there, we'll just remove your cost of housing. So that is so worthwhile looking at that webinar.

But that's so spending less than you earn, dealt with. We kind of agree with Cheryl, but on the other hand, we also kind of don't agree with Cheryl. Sorry, not sorry

Lawsie: We have some further additions first part of her comment. Yes.

Mel: But her second part is you just need to pay off your mortgage and you'll be fine. And I guess there's two parts to that. One is paying off your mortgage and one being fine. So we'll talk about paying off your mortgage in a sec, but when it comes to my finances, I don't wanna be fine.

Lawsie: Yeah.

Mel: 'Fine' for me is resilience. 'Fine' for me is sure I could pay my bills, but that's kind of it. 'Fine' doesn't give me options. 'Fine' doesn't give me freedom and choice and all those other things. You'll be fine. My question to you is, but what do you want out of life? And if you just wanna be fine, perfect. But if you don't just wanna be fine, then you're gonna have to do a little bit more. And my concern is just pay off your mortgage and you'll be fine.

There's a reason more than 450,000 women in their forties in Australia are one payday away from homelessness. There is a reason why over 55 is most good risk of homelessness. It's that we don't have enough super. It's because we have career breaks. It's. because we're starting businesses are not contributing to super. It's cause we're abdicating financial responsibility. That notion that I'll just pay my mortgage and I'll be fine doesn't think about things like divorce rates and more. So it actually makes me really nervous that whole notion of, but you'll be fine because we know a lot of women have thought this was gonna be right for them and actually are not fine.

Lawsie: Definitely. I agree. And I think it's also, yeah, like you said, I wanna be able to have choice and options and sure. I can be mortgage free, but I still want the option to be able to travel and to do all of those things. And that to me is living my best life. And so it is thinking about, well, what is that right thing for you? And what's gonna mean that you are living your best life, which most people I think is better than just scraping by and feeling fine.

Mel: Yeah. Yeah. I don't wanna scrape by and I get that. Some people are, and maybe some people feel like they are as well. We’re both from the Western suburbs of Sydney. Neither of us grew up in a bougie lifestyle. Certainly for us, we shopped at St. Vincent de Paul. We didn't have new clothes. We had the black and white pantry where everything was home brand. Like we didn't have that bougie upbringing. I understand that 'you'll be fine' mentality, but I don't want that for myself. And certainly I look at mum had no choice growing up. She wasn't fine. She's fine now. But yeah, I don't want that. I want options and I want choice so...

Lawsie: Yeah. And I think for some people you might be going through that thing of feeling like, oh, everything's just fine. And you go through that for a season or through a period. But for the long term, which is absolutely what our friend was referring to, it's like, well, no, I would suspect most people have gone through that stage of feeling fine or below fine, but it's looking that bigger picture and going, yeah, I might be suffering through that now or experiencing that now, or I have experienced it, but then also, and as difficult as it can be to try and look a little more optimistically to the future around well, but what do I actually want? And even if I can't get out of what I'm doing now, is there little things that I can be doing that is gonna have that longer term impact for me down the track?

Mel: Yeah, absolutely. You're so wise.

Lawsie: Oh, I try.

Mel: But let's look at the other part that, comprehension continue. You just need to pay off your mortgage. And I'm so overwhelmed with that statement that I've just pulled my speaker out my ear. So I'll just put that back in. Flapped my arms around as I'm prone to do. So, first of all, you just need to pay your mortgage and you'll be fine. That's great if you have a house. So amazing if you have a house, but what if you don't? What then?

Lawsie: Yeah.

Mel: What if you don't want a house? What if you just think I don't think home ownership is right for me, cause I don't know where I dunno where I wanna leave. I dunno where I wanna end up. I want the freedom to be able to look elsewhere then what? So first of all...

Lawsie: Oh, you'll be super fine.

Mel: But just for a whole swath of people, that just means they've got no options, cause they're just not paying off their mortgage. So there's that. And what do those people do, which is where courses and education like us comes in because you go to a financial planner and we'll talk about this at the end or you come to someone like us who's a third of the price. But what if buying a house isn't for you? Then you wanna get educated about things like rent vesting, you might wanna get educated about the FIRE movement or shares or more cause you need to still be investing. Otherwise you're just gonna have a good time now and everything is gonna be reliant on super or retirement funds, which is not okay.

We never wanna be a one trick pony financially. So a) there's a huge issue there if buying a house isn't for you, because then what then? But then the danger with simply paying off your home is the next point. And there's an old adage that you can't eat your house. And what that means is yes, I could use the equity in my home to buy an investment property, but the old adage 'you can't eat your house' is simply unless I'm prepared to bring in a boarder or to sell it and to realise the profit, I can't make money off my home.

And I dunno about you, but I'm an introvert. I don't want anyone living with me. And I don't wanna have to be forced to sell cause that's that whole notion of choice again. So if you are just paying off your mortgage and that's it, you better have a damned lot of money in super cause again, you're a one trick pony and that's what you're gonna.

Whereas by having multiple streams of income, by looking at investing, by understanding how to unlock the equity in your home, by looking at other passive income streams or business or more, you are doing things more than just paying off your mortgage. And you are better than fine. It means that if interest rates go up, it means if you lose your job, it means if another pandemic hits, oh, please God no, you're not there. Just looking at your mortgage, your employment income, and that's it. You are thinking, okay, I've got this other income stream. So if so, if I need them, I'm going to be okay.

Lawsie: Amen. I think that, I mean, that exactly sums it up as to why you need to be doing something other than just paying off a mortgage or just putting money into super, because to your point, if you don't, if you don't have a house or whatever, you still need to be doing these things. And even if you do have the house, you need to be able to have other options, because you know what happens if you get to age 50 and you're like, all right, I'm done doing what I wanna do with work now. And I'd actually like to be able to work part-time or I wanna do something completely different where I'm dropping down in salary and all those things. But if you're tied to a mortgage and you haven't built anything else around you to be able to support that or have nest eggs and other investments in place to see you through from age 50 to whenever you can access your super or your retirement accounts, then again, you are you're restricted and you don't have that choice, which is why we're big advocates of yes if you wanna have a home and you've got a mortgage, yes. Obviously you need to pay that off at some point. But also what else can you be doing to make sure that you were just increasing that level of sort of flexibility and options that you've got access to?

Mel: Cause to your point, if you get to 50, you've got no mortgage, brilliant. But if that's all you've got, then you actually still don't have choice.

Lawsie: No, you would still, unless you can live on nothing

Mel: Yeah.

Lawsie: Until you can access your super, yeah.

Mel: And it's interesting. A lot of the question then becomes, but what do I do? And that's where buying an overpriced course - it's not overpriced people, we'll talk about that in a moment - um, but it's understanding, well, what do I do? Because we weren't taught investing at school and it's then it's starting with, what are your goals?

It's what are the goals that are right for me? Where do I wanna go to? And then what's the financial path that will get me there? And there's not just one or two paths. There are many, and I think that's part of the problem because there are many paths and some of them look wooded and scary, and like there's people in there behind trees gonna jump out and scare you and steal all your money.

And you know what there absofreakinglutely is charlatans in the financial world. However, there's some things that you can do that if you're doing it for the long term, really can put you fairly safely on a path to where you wanna go. But it is starting with what's right for you? What are your goals?

Where do you wanna go to? And then just starting. But things like just saving cash in the bank. The issue with that is inflation. Compounding returns is so important. So time in the market, time in investing, and yes, you could wait to pay off your mortgage and then start investing, but really then you're playing catch up.

And, you know, if I put $200 investing for 20 years versus $600 for 20, uh, sorry. If the $600 was less time and they were kind of playing catch up, the $200 person's gonna win because they started earlier. So you don't have to start with a lot, but it's choosing to start earlier.

And we're also not saying you don't pay off your mortgage. Yes you, we even think that you should pay it off at one to 3% more than the current interest rate and put that into an offset account so you've got a buffer. So we do agree with in some respect with Cheryl, we just don't think that's all you should do. And we also don't think a mortgage and a home is for everyone. So for you, it's for what would you do instead?

Lawsie: Definitely.

Mel: Yeah

Lawsie: And it's exciting. Like, I think that realisation for people too, to be able to go, oh, I can actually, particularly now with so many different investing options out there, you can start with super small amounts. Like we are talking a dollar. I think people will still hold onto this thing, particularly if they're looking at share investing and stuff like that, where they're like, I've gotta have all of this money behind me, whatever 'all' means? Is that a thousand? Is that 5,000? Is 10,000? Who knows? But there's this misconception that it's like, I've gotta have these dollars behind me to be able to do it. Or that debt is bad and therefore that's why they're focusing on their mortgage. Whereas if you can reframe some of that and also just have that education and awareness, that actually for a really little amount, I can actually be investing. I think I've said 'actually' way too many actually times there.

But it's just being aware that with so many advances in tech and different apps and things like that that are out there, you can start investing for such a small amount, which again is where we're looking at this and going, you might be thinking, oh, I'm struggling as interest rates rising and I'm looking at my mortgage and I'm starting to get a little bit worried about that. So you're just going, I'm just gonna focus on that, but you could shift your needle just slightly and start investing for a super small amount

And that way you're already not just doing one thing. Yes, your little dollar or $10 isn't gonna be enough to live on in 12 months time, but it is it's that habit and of doing something and starting to make those smaller steps. And then as time goes by, one, you'll see that, you should see that increasing in value, but it'll become so habitual to you that you'll start to wanna put a little bit more in, and that's how you're gonna see some beautiful changes happening with your finances.

Mel: Absolutely. And we spend the first five weeks in the My Financial Adulting Plan help you figure out where you wanna go, what you have, what's right for you, and then creating your own strategic financial plan and the last three weeks on investing. So shares, property and business so that when you finish, you actually can do this for yourself.

Cause that just gives you that confidence. And I think its knowledge and confidence is often times what you need in order to start doing something different. When I finished school, I wanted to be a lawyer cause I watched LA Law and I really, you know, I was in the Western suburbs of Sydney.

I was a smart girl and what I saw was really limited. And, you know, I was really heavily influenced by my dad, which I'd go, oh, I think I wanna be a hairdresser or a teacher or a police officer. And he just kind of kept corralling me into, it was something that he thought I should do, but we didn't have, like, I wasn't taken to job fairs.

And I didn't know a lot of people that had jobs that weren't trades or banking jobs, like it was at just very white, a blue collar, you know, uh, middle class jobs. And I think it's the same. So now if you'd asked me what I would wanna do when I finished school, it wouldn't be a lawyer. It wouldn't have been an accountant.

Lawsie: Come on

Mel: I know. It would've been wildly different cause now I've had exposure to so many different jobs cause I've stepped out of that bubble. And I think a lot of people, when it comes to their finances are like me when I was trying to pick that job from school; you only know what you see. And often that's so limited because the people that are around you are all kind of doing the same thing by default and not really talking about it. So you just do what you see. You don't think about, but is this the right thing? And is this what I should be doing? And is this what's right for you? Um, so stepping out of that into financial education, I think is something that is really bolstering for your finances.

But just to go back to cover the second last point, to cover off Cheryl.

The other danger with just paying off your mortgage is that I need a million in retirement has been bandied around a lot when it comes to how much you might need in super. And I think, well, we both know that that million dollar figure is not the right amount. So the answer is, it depends, cause it depends what sort of retirement you want.

It depends if you wanna travel. If you're happy to be simple, all that sort of stuff. But the thing that is a truth is that you're gonna need a whole lot more in super if you only own your home and you're not prepared to sell it. You need so much more. Versus so if I sat down and went, I need, I really want a hundred thousand dollars after tax each year, I'm gonna need more than a million dollars in my super in order to retire well.

But if I've started building those passive income streams outside of super, and I've developed them to the point where they creating, you know, maybe 30 or 40 grand worth of income, I now need a whole lot less in super because I've got these multiple income streams outside of super. And for me, when you're thinking about that number that you wanna retire, it needs to be an income number around how much do I need?

And then my challenge would be how much can you start to develop that outside super? So then super becomes a cherry on top rather than the pie. And for me, that's what gives you choice. That's what gives you options is developing multiple streams of income. And I know you and I are really big on that both personally and with our education, because we look at our own lives and go, how can we develop more income streams? How can, and you and I at the moment are very much about passive income streams. So we have more and more and more choice.

Lawsie: Oh, definitely because I think that's a thing. No one, I shouldn't say no one. Very few people can say with absolute certainty what they want in the future. Like, I think there is that notion of, oh yeah. You just worked to your retire and you live on your super, but I think increasingly we're seeing more people, particularly, I think from the FIRE movement or financial independence, retire early movement, people challenging that notion and going well, what if I could have options and not have to work as hard as I'm working in my forties and my fifties. And I actually get to live and travel and enjoy the things that I really wanna do rather than the nine to five slog. And don't have to do that till I'm 65. So I think there's definitely a groundswell or like a big movement towards people just becoming more aware that I don't have to work till I'm 65 or 75 or whatever age it's gonna be by the time we all get there. And so to be able to do that means that we've gotta be able to have build that other assets and income streams outside of super, just to give you choice.

I mean, if you get to 50, 55, 60 and my God, I'm still loving my job or you running your business and it's just is what makes you tick. And you're so passionate about it, so good. But also if you've been able to develop other income streams, then you've got that choice that if you suddenly get to 45, 50, 55 and go, I am done and I'm going on that five year overseas sabbatical, and I will work out what I'm gonna do when I get back, amazing too, because you've set yourself up rather than getting there and going, great. Now I'm really cooked. I'm done. I'm burnt out, but I have no choice, but I have to keep working because I haven't started doing those other things earlier

Mel: And imagine getting to 65 and going I'm loving life. I'm loving my job, but I've built this amazing passive wealth. I've got a set amount in super. Now to what do I wanna do with the extra that I have? Do I wanna be super bougie with my life? Do I wanna give a lot to charity? Do I wanna set a legacy?

Like the choice that you have then around that wealth is also either transformational for you or transformational for someone else that you choose to give that away to. So again, the choice doesn't always need to be for what you are doing. It can be what impact can you have?

But let's look at the delightful Cheryl's final point. You don't need to buy some overpriced course to figure out money. So if I was looking at a university course, it's gonna set you up to earn income. You're gonna pay what? 50 to a hundred K in Australia. You're gonna pay hundreds of thousands in the States. UK and New Zealand are much the same I think.

So there's just that. If I wanna do some sort of self personal development, if I wanna go and learn how to be yoga teacher or something like that, probably gonna pay a couple of grand.

Let's bring it down to finance. If I want to, or let's look at clothing, if I wanna cloth myself so I feel confident, the average Australian woman spends $5,000 on clothes. Which actually seems a lot, but I read that on the very fabulous stylist Caitlin Marwaha's site. So we're spending it there and we feel really comfortable at, and I want you to add out what you might be spending on makeup and what have you.

Or if we just go to financial strategic advice, if I was gonna go and sit in front of a financial advisor, the average fee is now three and a half thousand dollars for them. And then probably plus commission and an ongoing fees for them to give me a statement of advice. There may or may not be a strategic plan there.

Or I can pay 99 bucks a month for 12 months or 997 bucks and learn how to do it for myself. And you know, we've had accountants in this course. People that know what they're doing with money. And I spoke to one recently, Emma, who said to me, Mel, the first two weeks alone were worth the cost of the course.

Inside the course we get you to do exercises and different things. One of the exercises, there was one woman where that saved her $15,000 every single year. There's one exercise we do where we challenge you to find more income. It's a substantial amount of income in one month.

And again, the aha moments, the learnings people have that, to learn how to find more income, to learn how to invest , I think that it's priceless. But certainly it's less than a third of the price that if you were gonna sit in front of a financial planner. So it's 20% of what you're spending on clothes potentially. Add up your coffee's through the year. You're probably spending three and a half grand on coffee. That's the average price. I'll keep comparing. I think that over priced course? I'm gonna call BS on that, particularly when we give away so much free stuff as well, so that you don't just have to buy that.

Lawsie: Yeah, definitely. I think, and it all comes down to what you value and what you are prepared to pay. So yeah, of course, some people are gonna think, oh, you know, it's overpriced and whatever. But if you are in a position where you can educate yourself enough, or you are bought up, and have the financial know how to be able to do things, then perfect.

Mel: Yeah.

Lawsie: Go for gold. But for so many of us, like we said earlier, we didn't learn this at school. We're fumbling our way through just hoping that we're doing enough, but we don't even know how to quantify what is enough or know that we need to be doing more, but don't know what that thing is that we need to be doing.

Cause we still haven't even figured out where it is that we're wanting to go then having something like our course provides the framework and the knowledge and the education all around that. So you can feel more empowered and be doing it yourself. And it's not to say that, we do have people that go and see advisors afterwards, but even for them, they're like, I feel so much more comfortable doing that now because I actually feel like I understand this myself.

I've got clarity on what it is that I wanna achieve in my life and the finances, I need to back it up, but I still want someone else to go, yes, this is how you can get there and for them to help guide them with that. But they just enjoy the fact that they can get in and have those really robust conversations with advisors in that space then to be like, yep, I understand what you're talking about. I know how this all works now. And they don't necessarily feel that unease that they would've felt prior to doing the course.

Mel: A great point. Plus it's also the community as well. It's having us on tap that when the interest rate just happened, it's asking the question, oh my gosh. I think that what I'm doing is right, but could I still ask for a reduction now? It’s sharing wins. For a lot of people, they don't necessarily have people to talk to about money. Here you've kind of got couple of smart girlfriends in us that you can tap into who are money experts and are independently wealthy that you can then lean on so that you have that backing to go, all right. I feel confident with what I'm going to do.

And of course it’s general advice only. We are ex financial advisors. We are ex accountants. We never tell people what to do. We never make suggestions as to you should do this or that. We provide all the education and then say, you take it from there.

And if you need one on ones, we provide coaching as well. But there have been so many situations where people have said, well, what about this? We go, great. Let us put you in touch with a financial advisor, so that you can help make that decision. Cause there is still absofreakinglutely a place, we believe, for great financial advice.

But as you said, understanding the lingo, having that strategic plan already before you speak to that financial advisor can actually be super helpful. And you know, maybe not financial strict advisor, maybe, you know, we are talking to a robo advisor at the moment where that might be an option for where we pass people on.

But it is feel having that confidence of, I, I feel confident about my next move or when I sit in front of a financial advisor, I feel confident now at this.

Mel: So, I dunno that we've convinced Cheryl. Lawsie?

Lawsie: No Cheryl.

Mel: But I hope that we've at least challenged your thinking. And that's a big part of what we wanna do. We don't want you to have that default thinking where it's, this is what I've heard. This is the bubble that I'm in. And I'm just clinging to this truth or this myth, because it's what I know. Part of what I see our job is, is to challenge that thinking to get you to think differently and hopefully to get you to consider coming and joining either at our free webinar that's happening next week, where we'll kind of take this further or jump onto the waitlist and jump inside, when we secretly open the doors to you inside the My Financial Adulting Plan a few days before everyone else gets to come in and you get sneaky bonuses and all sorts of stuff. Money can't buy bonuses. Actually, this round's a really good one. So. The end, Lawsie. I feel like we've, we've put a bow around Cheryl and we've sent her on way..

Lawsie: Bye. Bye Cheryl.

Mel: In the nicest possible way.

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