She's On The Money MONEY DIARIES: Sheep, Surrogacy, and The $200k Side Hustle
Nov 12, 2023
A farmer shares their financial journey from growing up during a drought to becoming a successful farmer with investments and multiple side hustles. They discuss their involvement in rebuilding their family's house after a fire. The guest shares their exciting journey of being a farmer, having investments and shares, being in a beautiful relationship, and going through the surrogacy process. They talk about finding a surrogate who happens to be their partner's cousin and mention their anticipation for a 2024 baby. The various sources of income on the farm, including farming, photography and videography, raising cows, and dog work are explored. The speakers discuss their big money goals, including the cost of surrogacy and building a house on a farm. They share their investment portfolio and how it aligns with helping others. A discussion on the significance of self-care and legal compliance, followed by an exploration of the guest's financial outlook and goals.
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From Drought Anxiety To Financial Confidence
- Growing up on a farm during a decade-long drought made St. Natarsha Bamblett anxious about money and shaped his early behaviour around spending.
- He later rebuilt confidence by leading a house rebuild at 23 and seeking medical help for anxiety, which changed his relationship with money.
Surrogacy Journey With Family Support
- St. Natarsha and his husband found a surrogate within the family and created embryos with donated eggs from the surrogate's sister, aiming for a December transfer.
- They've already spent about $23,000 up to embryo freezing and budget another ~$30,000 for the surrogate side of the process.
Protect The Farm With Multiple Income Streams
- Build multiple income streams outside your main job to protect family assets and create financial resilience.
- Use off-farm businesses (e.g., stud stock, media services) to supplement modest wages and fund bigger goals.