This is the salary era! The ABC’s brand new column where we ask Australians the money questions we don’t like to talk about. We strive to demystify non-public finance and normalize the conversation about what we earn and how we reserve it – or spend it.
Narah is an actor, singer, radio presenter and young Australian from Tasmania. She has since starred in the popular Australian television line Deadlock, and is currently living in London studying at the prestigious Royal Academy of Song. She was also the new winner of the 2024 National NAIDOC Creative Skills Award.
For Pay Era, she discusses the truth of being an Australian student living out of the country, why she’s happy to spend money on a fancy dinner, and why she doesn’t want to know how much of her money goes into subscriptions. Will go.
How would you describe your financial situation at this time?
As an artist it’s always changing. What I do for painting is that the wrong two days are the same, which means the wrong weeks between pay days are the same.
Since my work is so inconsistent, there will be some great gigs but there are also a number of waiting weeks and auditions. It is stored everywhere. I have completed 10 months as a student on a fantastic scholarship, which was really amazing. This is a sum of cash in Australian dollars, although obviously, now that I live in London, it is almost a fraction of that. For every dollar, it’s basically 50 pence, because the cost of living in London is absolutely extreme.
Therefore there is a shortage of cash. I’ve been really good at budgeting and minimizing some of the problems and not having any problems at all. I was recently awarded my peak scholarship fee, so in just a few weeks I have peaked at 100 kilos after my program.
How did the discussion about cash start happening in your house at one time?
Money was actually a comprehensible communication. I didn’t grow up affluent, but we never went out. Dad was really very hard-working, and Mom did everything she could to help Dad in all his work. Dad was self-employed at one time and there was once a week when he was out sick for a few months and we really felt that way. However, money was such a perceptive topic, and it taught me how to save from a really young day.
What is the cost of your charge?
I like nice dinners. I prefer specialty week to surprise specialty meals. I think all my money could be spent on a nice dinner and a nice bottle of wine. You should eat for $5 or $500, but I think it’s definitely a waste because you’ll always be cutting back on your expenses on food. I do a lot of meal prepping in London, especially as a student – but I really enjoy spending the week featuring beautiful crowds and beautiful food.
Have you ever kept a secret about cash?
As a child I once visited the place where a man had just died. And so they apparently had this bag of old cash lying around, so I just randomly grabbed a bag. It stayed with me for a few months, and this place was around my corner and I remember in a lifetime walking up to the college, taking a detour, going back home and throwing the coin back.
I don’t know where it landed, just somewhere in the house. I felt guilty, I couldn’t do it anymore!
How much did that ultimate loaf of bread you once bought cost?
My ultimate loaf of bread would be around £3 ($5). It was once a shop that opened till late night, so it was not a brand new shop either. However I like to invest in good quality bread, butter and milk. Staple!
Money or card?
Look, there’s a role for everyone but I have to be honest and say I can’t remember a tough week when I had money.
How many storage accounts will you have? How do you organize your cash?
It’s really funny because it bothers me every day. I have accounts in many other banks which is surprising, but one of them has my daily expenses, besides it also has my fines and my home loan. Someone else had my space saved for the whole time and I couldn’t contact him, so I didn’t have his password (this way I was able to save my space storage).
I have also been given my global storage account but I want to open another account as I will soon be a sound operating actor in London and want to get commission.
What’s the biggest lie you tell yourself about cash?
I think my biggest factor is membership. I think, “Oh, it’s only £6 ($11), it’ll be fine”. However, I have a lot of subscriptions on my account that I don’t really need or use. The subscription layout we have in today’s networks – constantly paying cash for something on demand – is a really hard thing to do.
I have subscriptions to apps and if I wanted to add them it could be somewhat frustrating. Although I really admit that if truth be told I would like to see a little more within the reflection in case any of them do.
What is your biggest financial success?
Definitely buying my first place. This was really noticeable to me, I realized that not touching those savings over the past few years actually got me nowhere.
I was always looking for that money to buy a place to live, and my dad always said the first thing to do with my savings was to buy a place. This was a possibility that certainly came sooner than I anticipated. Because buying a house in your 20s is – let’s say – almost impossible.
However, keep that $2 momentum going from a soft day – I never canceled doing that. And when I earned a little extra I would invest more. I bought a place in a small Aboriginal population within the Kimberley, so it’s undoubtedly a renovator’s dream! And my parents have been living there lately, which is really funny because they’re my tenants now. I am really happy with it.
If you had to tell an 18-year-old one thing about cash, what wouldn’t it be?
You do not desire continuous work to achieve success. I think a big part of learning to be an artist was learning to break free from the mentality of constantly working. I grew up in a global influencer group that worked traditional jobs… I don’t think we see a lot of arts workers making profits for themselves.
It’s a very hard thing to break, don’t get me wrong. Although I think I can tell myself as an 18-year-old that I want to, you know, allow myself to be in self-governance of that lifestyle and understand that I’m always working. Don’t want to do full time job.
I think if you really need it, you’ll get it. I’ve really proven to myself over the years that I can be able to work within the arts and that there are many alternative ways to make money, whether it’s running an event for a few hours on a Friday evening or working in Yes or no. Theater.
You will be able to learn more about Nara and his paintings right here, Edited some solutions for readability.
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