It's Pay Day! Farmer and filmmaker Leila McDougall shares the surprising truth about life on the land, how her family informed her attitude towards credit cards, and why it's important to believe in yourself.
Pay Day with farmer-filmmaker Leila McDougall: 'I've never had a credit card in my life. If you don't have the money, you don't buy it'It's Pay Day ! The ABC's new column where we ask Australians the money questions we don't like to talk about. We aim to demystify personal finance and normalise conversations about what we earn and how we save it — or spend it., premiered earlier this year), fashion designer, mother, teacher — and even a former beauty queen.
We've had our farming debt carry over generations, and over the years you have to buy each other out, you have relatives coming in who want their share and so sometimes you're going into debt to pay them out and so on. In retrospect, I do wish I had just saved up for it or asked my parents for help. I was being very proud at the time! I was out on my own and determined to do it myself.My dad used to have a cash drawer when we were younger for when he did cash jobs, so when I didn't have enough money to put petrol in my car I would sneak $15 out of dad's drawer so I could drive off!I've got three bank accounts.
With the prices of stock at the moment being dramatically reduced, our output costs are much, much lower than our costs. Which makes it difficult — and quite a few farmers are in that position too. Because if you don't believe in it yourself, it's so hard to convince other people to — and I believe so much in everything that the film represents.Start saving as soon as you're spending money — don't just go and spend it on useless stuff.X
Personal Finance Budgeting Money Cost Of Living Farming Farmers Mental Health Leila Mcdougall Just A Farmer Film Credit Card
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