In Her Wallet: Recent Episodes
I ADAPT YOU Academy
Does the thought of managing your finances leave you feeling overwhelmed? Many of us, women, do feel that way. But your path to financial independence shouldn’t be hard. At ‘In Her Wallet’, we take matters of the masculine world of money into our own hands. Join Sofiia, Accredited Investment Representative in Canada and the Founder of I ADAPT YOU Academy, as she guides you on your path to financial success while having honest, relevant and entertaining conversations with personal finance and business experts, authors, entrepreneurs and women who have been there and done that. New episodes air every Wednesday on Apple, Spotify and Google Podcasts.
In episode 78 of the In Her Wallet podcast, host Sofiia dives into the often tricky world of managing finances in relationships, including how she and her fiancé, Roman, manage their finances. Join Sofiia as she discusses when to start talking about money with your partner, the three approaches to handling finances as a couple, when to open a joint bank account, and the common mistakes couples make, and how to avoid them.
Whether you're just starting out your relationship, moving in together, or planning for the future, this episode will help you navigate finances as a team!
Links mentioned:
- Episode 42 with Stephanie Wolfe "How to Get Financially Naked with Your Partner" listen here
- In Her Wallet site
- Sofiia's Instagram
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 77 of the In Her Wallet podcast, we're diving into the world of Exchange-Traded Funds, or ETFs, and how you can use them to build a strong and diversified investment portfolio. Join Sofiia as she walks you through what ETFs are and how they work, the four main types of ETFs to include in your portfolio (with examples), and some common mistakes to avoid when buying ETFs. Whether you're just starting out on your investment journey or looking to enhance your existing portfolio, this episode is packed with valuable insights to help you achieve your investment goals.
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In Episode 76 of the 'In Her Wallet' podcast, Sofiia explores the powerful concept of money manifestation and how you can attract more abundance into your life through cognitive restructuring. Learn how to identify and challenge limiting beliefs about money, reframe negative thoughts, and set clear financial goals to achieve success.
Tune in to discover:
- The basics of money manifestation and the Law of Attraction
- Practical steps to reframe your mindset and overcome limiting beliefs
- How to set specific, achievable financial goals
Tune into this episode for actionable insights and personal stories Sofiia shares that will inspire you to cultivate a wealth mindset and manifest more money into your life.
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 75 of the In Her Wallet podcast, we’re sharing an entrepreneurial success story and all the behind-the-scenes details of what it takes to build a business from the ground up. Host Sofiia welcomes Jessi, a dynamic entrepreneur who started her own butcher and catering business at just 23 years old and sold it successfully only four years later. In this episode, Jessi shares how she secured financing despite having 100 doors shut, crafted a business plan, and tackled the biggest challenges she faced along the way, like hiring and managing people who are 10-15 years older than her. This episode is a must-listen for anyone looking to start their own business or seeking motivation to achieve their goals!
Connect with Jessi on LinkedIn
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 74 of the In Her Wallet Podcast, we're diving into Hot Girl Summer Prep - Money Edition to ensure your summer is as financially fabulous as it is fun! Join host Sofiia as she explores essential topics like managing work-life balance with reduced summer hours, creating a budget for summer splurges, and planning for big ticket events without the stress. Discover smart fashion and beauty savings tips—including how to snag the best deals during Canada Day and July 4th sales—and learn how to make smart investment decisions during the market's summer shifts. Whether you're planning a local staycation or aiming to refresh your summer wardrobe, this episode is packed with practical advice to help you enjoy a sensational and financially smart summer.
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 73 of the In Her Wallet podcast, we talk about how to show up on social media in 2024 to create community and drive sales. Our host Sofiia is joined by Daria Ast, a Vancouver-based personal branding coach who helps creators with less than 10,000 followers monetize their platforms (yes, that's possible!). Whether you're just starting to build your Instagram presence or looking to boost an existing account, Daria shares invaluable insights and strategies that are essential for anyone aiming to make a significant impact online. From crafting a brand that resonates with your audience to various ways of monetizing your social media, this episode is packed with actionable tips to help you show up authentically and achieve your business goals. Tune in to discover how you can transform your social media presence into a thriving community and a profitable venture.
Episode resources:
- Daria's Instagram
- Daria's website
- 15 ways to make money on Instagram
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 72 of the In Her Wallet podcast, join host Sofiia as she explores effective strategies to significantly lower your expenses on flights, accommodations, and transportation. Whether you're planning a tropical getaway, a cultural tour in Europe, or an adventurous journey across Asia, discover how to expertly use booking platforms, maximize loyalty programs, and select travel dates that lead to substantial savings. Tune into this episode for practical tips that ensure you enjoy a luxurious trip without the luxurious price tag.
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 71 of the In Her Wallet Podcast, our host Sofiia invites Rachel Wong, Co-Founder of Monday Girl, first-of-its-kind digital networking platform in North America, to discuss mastering networking as a modern professional woman. Together, they explore how to cultivate the right mindset, make memorable first impressions, and find the time to attend networking events. Tune in for invaluable strategies that will empower you to build connections and propel your career forward.
Join Monday Girl at mondaygirl.ca
Follow Monday Girl on Instagram
Support the Show.
Discover Monthly Budget Planner by In Her Wallet
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you and see you next week!
In episode 70 of the In Her Wallet Podcast, our host Sofiia explores the powerful connection between financial health and mental well-being. Many of us know the anxiety that comes with managing money, and research shows a strong link between financial stress and mental health challenges like feelings of anxiety and overwhelm. Join Sofiia as she explains what common financial stressors are, helps you recognize the signs of financial stress in your life, and shares six practical tips to improve both your financial and mental health.
Check out our new Monthly Budget Planner template!
Support the Show.
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In episode 69 of the In Her Wallet Podcast, our host Sofiia dives into one of the most common financial dilemmas faced by car shoppers: should you buy, finance, or lease your new car? We explore everything from the upfront costs and monthly payments to the long-term financial implications of buying vs financing vs leasing. Sofiia also covers important considerations like depreciation, maintenance responsibilities, and the potential for equity building. We've done all the number crunching for you, so this episode offers realistic comparison to guide you through the financial mechanics behind each choice. Tune in to navigate your car buying journey with confidence!
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In episode 68 of the In Her Wallet Podcast, we peel back the layers on why filling up your grocery cart or dining out suddenly feels like a luxury splurge. Our host Sofiia is joined by Sang Le, the founder of Peko Produce, Western Canada's first delivery service for "peculiar" and surplus groceries, offering savings of up to 40% off regular grocery store prices. Together, they discuss questions like why food prices seem to be on an endless climb and what happens to food that doesn't make it off the shelves. This episode is rich with practical tips on how to navigate rising grocery and restaurant bills without sacrificing quality of your meals or lifestyle.
As a special treat for our listeners, use code 'inherwallet50' for an exclusive 50% off your first order with Peko Produce. Let us know how you like it!
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In episode 67 of the In Her Wallet Podcast, join Sofiia on a deep dive into the world of TFSA, RRSP, and the newly introduced FHSA. We discuss key benefits, differences, and strategic uses of each account to supercharge your financial journey. Whether you’re saving for that dream holiday, planning a majestic retirement, or gearing up for your first home purchase, understanding all three accounts is crucial to take advantage of the huge tax benefits they offer. Tune in as Sofiia shares clear, actionable tips tailored to women managing multiple financial goals at a time, empowering you to leverage these tools to their fullest potential.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In episode 66 of the In Her Wallet Podcast, we're diving deep into the world of credit cards - the good, the bad, and the fine print that banks might not be so keen on sharing. Joined by Shannon Terrell from NerdWallet, we discuss how to choose the right credit card that doesn’t just fit your needs, but also empowers your financial independence and goals. Whether you're aiming to boost your credit score, earn rewards, or find a low-interest lifeline, this conversation explores strategies to navigate the credit card maze confidently. Perfect for young professionals looking to make smart financial decisions, this episode is your guide to making credit cards a powerful ally in your financial journey.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In episode 65 of the In Her Wallet Podcast, we're diving into the world of tipping culture. It's a tradition with deep roots that's facing rapid changes in today's society. Sofiia takes you on a journey to discover the origins of tipping and why it's sparking debates now more than ever. Ever wondered about the 'right' amount to tip or why we're suddenly tipping in places we never thought we would? We've got you covered. This episode tackles these burning questions and provides actionable tips for consumers and businesses alike, aiming to ease the stress around tipping practices. Join Sofiia as she tackles the critical question: Has tipping culture gone too far?
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In episode 64 of the In Her Wallet Podcast, Sofiia is joined by Wealthsimple's Tax Expert Caroline Corbeil for a conversation on filing personal income taxes in Canada. From learning the difference in filing taxes as employed vs self-employed, to understanding tax brackets and strategies to maximize deductions, this episode covers everything you need to know to file taxes in 2024! Plus, we explore how significant life changes, such as getting married, buying a home, or becoming parents, can impact your tax filings. If you want to be equipped with actionable tips and insights relevant to most recent tax system changes, this episode is for you!
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
In this debut episode of Season 3, our host Sofiia dives deep into the heart of the gender wealth gap, a challenge that touches every woman's financial journey (whether you know it or not). We explore the multifaceted reasons behind this disparity—from the infamous pink tax to the time spent in the workforce—and bring to light actionable strategies that each of us can utilize, in our own lives, to shrink that frustrating wealth gap. Whether you're navigating the workforce, managing household finances, or looking to grow your investments, this episode is your guide to understanding and overcoming the obstacles to financial success.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Season 3 of In Her Wallet is on the horizon, and we're kicking things off with a bang! This special trailer episode offers a sneak peek into what's in store for you, our community. Hosted by Sofiia, a Vancouver-based financial educator and the founder of "In Her Wallet", this season is set to explore the intricacies of how money works, uncover the factors influencing our financial decision-making, and demonstrate how we can leverage behavioural psychology to live our best lives without sacrificing our financial futures—all through the lens of real-life stories and actionable advice tailored for women.
New episode drops on Wednesday, March 6.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to the final episode of Season 2 of the In Her Wallet Podcast! In this episode, we celebrate 47 episodes released in 2023 and reflect on the valuable lessons learnt along the way. Join Sofiia and 25 guests as we share the best takeaways on topics like your relationship with money, managing finances as a couple, taking care of aging parents, maximizing workplace benefits, negotiating, starting a business, where to start in your financial journey, how to choose companies to invest in, and more!
Watch this episode in video format on YouTube
This episode is a heartfelt thank you to our listeners and guests for their continued support. Tune in for valuable insights and wisdom gained from 47 consecutive weeks of sharing stories, experiences and advice with our amazing community!
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Key takeaways:
00:00 What to expect from Season 2 Finale
03:33 Financial wellbeing series
04:00 Your relationship with money (EP52 Leisse Wilcox)
06:40 Money and mental health (EP47 Janine Rogan)
09:16 How to gain control of your life (EP51 Arunie Saldhi)
11:55 How to value your time (EP54 Lindsay Sparrow)
14:42 Money in relationships (EP42 Stephanie Wolfe)
18:00 Talking to aging parents about money (EP33 Leanne Kaufman)
20:40 Birth control and our finances (EP30 Dallas Barnes)
22:56 Career and business series
23:58 Understanding workplace benefits (EP20 Katrina Sinclair)
25:46 How to prepare for negotiations (EP60 Olessia Lapina)
27:30 How to negotiate post pandemic (EP22 The Thoughtful Co)
30:30 What to do when losing employment (EP26 Erin Brandt)
32:29 How to prepare financially to leave a job (EP34 Liza Akhvledziani)
35:43 Employee vs entrepreneur mindset (EP24 Lorin Winata)
38:05 One page business plan (EP44 Staci Millard)
40:00 Understanding government grants (EP17 Brianna Blaney)
42:27 Self-employed vs incorporated (EP43 Jami Monte)
46:17 Advice to new entrepreneurs (EP29 Olivia Lovenmark)
48:42 How to be productive as a solo founder (EP16 Kristine Locker)
51:13 Personal finance and investing series
52:10 How to fight math anxiety (EP45 Ms. Money & Math)
54:17 Where to start in your financial journey (EP56 Scheherazade Hasan)
56:38 How to choose companies to invest in (EP39 Lyndell Grey)
57:47 Be careful with taking advice from banks (EP28 Simran Kang)
01:00:00 Real estate investing formula for success (EP46 Victoria Cluney)
01:06:00 What is insurance (EP19 Cove Advisors)
01:07:00 One day goals system (EP48 Ashley Meadahl)
01:10:00 Message from Sofiia & Season 3 announcement
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 61 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode about 8 money lessons she learnt before turning 28. Sofiia is someone who moved countries at 17 on her own, studied economics in university, worked in the wealth management sector, reads finance books, holds an official accreditation in the investment management space, and has gone through lot of general trial and error on her own, she is sharing these money lessons based on things she did well, and some that she wishes she had done differently.
Watch this episode in video format on YouTube
Celebrate Sofiia's birthday with us! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 60 of the In Her Wallet Podcast! This week Sofiia is joined by Olessia Lapina, a seasoned talent leader with 10 years of experience holding key roles in renowned global organizations like Tiffany&Co, Louis Vuitton Moet Hennessy and Fairmont Hotels. In this episode, Sofiia and Olessia talk about building a strong personal brand, ways it can advance your career, help grow network and increase personal income.
Key takeaways:
00:00 What we're talking about today
02:10 Get to know Olessia
05:47 What is a personal brand in workplace
08:49 How to leverage personal brand for your career
10:04 Using online platforms like LinkedIn
14:47 For those just starting out & navigating a change
16:07 For those building brand within a company
18:30 Strategically using your brand to career transition
21:00 Does HR or Hiring Manager look at your Instagram?
23:07 How to navigate walking into new position/new company
26:45 How to communicate unique value you bring
28:48 Two real-life cases of career change & personal branding
33:37 Tip to start building your brand
35:09 What is financial freedom to you & how to achieve it
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Episode resources:
- Olessia Lapina on Instagram and LinkedIn
- Lapina Consulting Website
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 59 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode covering 6 tips to make the most of Black Friday and holiday shopping. How to avoid buying things 'just because they are on sale', maximize your cash back earned, and navigate the sea of deals seamlessly? Tune in for answers to these questions!
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Episode resources:
- Access Locker Black Friday Cyber Monday Sales Guide
- Get $30 Cash Bonus When You Join Rakuten via This Link
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 58 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode about how you can prepare to buy your first home in Canada! In this episode, Sofiia walks you through the exact steps to take to prepare to buy your first home, like figuring out what home you can actually afford, getting pre-approved for a mortgage and understanding the government programs designed to help you.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Episode resources:
- Borrowing capacity calculator
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 57 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode on the topic many of her fellow brides can relate to, but often find it difficult to discuss openly - the cost of weddings! In this episode, Sofiia shares the actual costs of her own wedding, the average budget of a lavish wedding you see on Instagram, and some of the practices her and her partner are using to stay budget conscious while bringing their wedding vision to life.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 56 of the In Her Wallet Podcast! This week, our host Sofiia is joined by Scheherazade Hasan, Advisor and Associate Portfolio Manager at Wealthsimple, to answer the #1 question they both get: "Where do I start?!" In this episode, we are walking you through the steps that will help you build a solid financial foundation, set achievable goals, and create a roadmap tailored to your unique dreams and aspirations.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Key takeaways:
00:00 What we're talking about today
02:28 Get to know Scheherazade Hasan
06:11 Where do I start?
10:33 Paying off debt vs saving for emergency
12:33 How to use sinking funds
15:14 How to avoid diluting your emergency fund
18:40 Key tips for investing
24:48 RRSP vs TFSA vs FHSA
29:54 How to create a financial game plan
36:06 When should I start saving for retirement
40:01 Examples of financial goals
42:42 Scheherazade's resource recommendations
43:52 What is financial freedom to you
45:25 How to connect with Scheherazade
Episode resources:
- Scheherazade Hasan LinkedIn
- TFSA vs. RRSP vs. FHSA Resource
- Brown Girl Problems Podcast on Spotify
Disclaimer: The views in this recording are the personal views of the Investment Advisor and should not be taken as the views of Wealthsimple Investments Inc. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this podcast episode should consult with his or her advisor.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 55 of the In Her Wallet Podcast! This week Sofiia is bringing you a short solo episode about paying off your credit card debt (in fact, any type of debt) as efficiently as possible! Tune in to learn about the two things you need to have to set yourself up for success before starting to pay off debt, the golden rule of using credit cards, the 2 proven strategies for debt repayment, and easy-to-follow practices to be a responsible credit card user.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 54 of the In Her Wallet Podcast! This week, we are discussing the hidden costs of household chores (which women tend to do more of) and their profound impact on our financial futures and career paths. Sofiia is joined by Lindsay Sparrow, one of the premiere investment advisors in Alberta at Wellington-Altus Private Wealth. As a Certified Financial Planner (CFP) and a Certified Divorce Financial Analyst (CDFA), Lindsay knows firsthand about the invisible tax that women pay for household labour. In this episode, Sofiia and Lindsay explore practical solutions for achieving a more equitable future.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Key takeaways:
00:00 What we're talking about today
03:21 Get to know Lindsay
08:35 Gender norms around household chores
06:56 Are household chores unpaid work
08:39 What is emotional labour
09:40 Splitting household chores with your partner
12:07 Why we put off hiring help
13:53 If you are a stay at home parent..
16:50 How a prenup can help
18:28 Work from home makes you miss out on...
21:30 How to value your time
29:52 Lindsay's three money tips for women
30:00 What is financial freedom to you
Episode resources:
- Lindsay Sparrow Website: https://advisor.wellington-altus.ca/sparrowwealth/
- Lindsay Sparrow Instagram: https://www.instagram.com/buythelatte/
Disclaimer:
The views in this recording are the personal views of the Investment Advisor and should not be taken as the views of Wellington-Altus Private Wealth. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this article should consult with his or her advisor.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 53 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode about the 5 smart money moves to make this fall to prevent the overwhelm and avoid the overspend with all the fun stuff happening at this time of the year, like Thanksgiving dinners, Halloween parties, Black Friday deals and, of course, pumpkin spice lattes. Our goal is that after listening to this episode, you leave feeling equipped with knowledge on how to make progress towards building the financial future you deserve without feeling guilty for the seasonal fun that awaits ahead.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 52 of the In Her Wallet Podcast! This week, we got a question for you: have you ever struggled with keeping money, making it, or even enjoying it? The answer to dealing with any of the above might be simpler than you think - it's our emotional intelligence. In this episode, Sofiia is joined by Leisse Wilcox, a Strategic Business Coach and 2x best-selling author, for a conversation about how emotional intelligence defines our relationship with money.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Key takeaways:
00:00 What we're talking about today
02:45 Get to know Leisse
08:35 What is wealth EQ
11:26 What the Stanley Mug says about you
15:02 How to evaluate your wealth EQ
18:03 This question will improve your relationship with money
20:44 How your earning capabilities are affected by EQ
23:27 I seek change. What should I do?
25:25 Lessie recommended resources
27:50 What is financial freedom to you
Episode resources:
- Leisse Wilcox Website
- Use code INHERWALLET for $20 off the "Money Loving" course
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 51 of the In Her Wallet Podcast! Did you know that Fall season is the time you are most likely to experience burnout at work? In this episode, Sofiia is joined by Arunie Saldhi, a Registered Provisional Psychologist and Workplace Mental Health Expert, for a conversation about early signs of burnout and how women professionals can deal with it whilst building their careers.
Watch this episode in video format on YouTube
If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.
Key takeaways:
00:00 What we're talking about today
02:13 Get to know Arunie
06:20 What is burnout & how it shows up
08:20 Sharing our personal burnout experiences
11:40 How to recognize early stage of burnout
15:30 Work performance and burnout
16:45 How to deal with burnout at work
19:14 Ways to recover from burnout
22:28 Are women more likely to experience burnout
25:25 Gaining control of your life back
29:52 Arunie's final recommendations
31:40 What is financial freedom to you
32:40 Connect with Arunie
Episode resources:
- Arunie Saldhi Website
- Brown Girl Problems Podcast
Support the show
If this episode inspired you or gave you a new perspective, it would mean so much if you followed the show, left us a 5-star review, and shared it with your family and friends. Thank you!
Welcome to Episode 50 of the In Her Wallet Podcast! Join our host Sofiia for a solo episode as she talks about the financial education industry and how it has recently seen the rise of (f)influencers - financial influencers giving advice on money management via platforms like YouTube, TikTok and Instagram. How can you tell if you're getting bad money advice from these (f)influencers, and how to protect your hard-earned money in digital age? Tune in for answers to these questions!
Watch this episode in video format on YouTube
If you like this solo episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM!
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 49 of the In Her Wallet Podcast! Join our host Sofiia for a solo episode featuring a controversial discussion around home ownership and renting. Does the societal norm of buying your first home before you're in your mid-30s still hold in 2023 when the median household income is $66,000, while average home price in cities like Vancouver and Toronto is over $1,000,000?
Watch this episode in video format on YouTube
If you like this solo episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM!
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome back to Episode 48 of In Her Wallet Podcast! If you're anything like us and want to finish this year strong, today's episode on mid year resets and goal setting is for you! Our host Sofiia is joined by Ashley Meadahl, a business coach, top-charting podcast host and creator behind The Glow Getter Conference. In this episode, Ashley shares best practices on doing a mid year reset, her tips for vision board that will actually motivate you to take action, how to review goals without feeling overwhelmed, and actionable tips on how to feel proud of your accomplishments when December 31 comes.
If you like this episode, support In Her Wallet Podcast by leaving us a 5-star review, sharing on your social media, or via Buy-Me-A-Coffee
Watch this episode on YouTube
Key takeaways:
00:00 What we're chatting about today
02:00 Get to know Ashley
04:30 On working with Jenna Kutcher
09:20 Best practices for mid year reset
12:53 How to make the most of mid year reset
15:33 Goal review and tracking
21:44 How to show up for yourself consistently
25:33 What are one-day goals
29:00 What is financial freedom to you
30:12 On achieving financial freedom
Episode resources:
- Attend The Glow Getter Conference & use code INHERWALLET for $50 off
- Ashley Meadahl Instagram
- Listen to The Glow Getter Podcast
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 47 of In Her Wallet Podcast! Today we are talking about the connection between money and mental well-being. Joining our host Sofiia is Janine Rogan, CPA and Author of The Pink Tax book. From discussing everyday emotions associated with money and 'mental load', to practical approaches for fostering a healthier mindset around money, this episode helps you find balance between money, self-worth and emotional well-being.
Watch this episode in video format on YouTube
If you like this episode, support the show production via Buy-Me-A-Coffee Link
Key takeaways:
00:00 Welcome remarks
02:08 Get to know Janine Rogan
05:21 Connection between money and mental health
07:08 How mental well-being affects our finances
12:57 Tips to foster good mindset around money
15:01 How financial stress affects our well-being
17:25 How mental load impacts us daily
21:04 How wealthy people look at debt
25:01 Net worth and self worth
29:56 Social media and financial well-being
33:41 Financial freedom & how to achieve it
35:29 Message from Sofiia
Episode resources:
- Buy The Pink Tax Book
- Financial Fitness Checklist
- Janine Rogan Instagram
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 46 of In Her Wallet Podcast! Today's episode is for anyone interested in real estate investing. Joining our host Sofiia today is Victoria Cluney, who has 18 years of experience and numerous successful real estate deals under her belt! Sofiia and Victoria talk the foundations of real estate investing, such as ways to make money, types of properties to invest in, things to look out for during your first deal, and Victoria's specific formula to success called PROFIT.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we're chatting about today
02:05 Get to know Victoria Cluney
06:30 How Victoria started investing in real estate
09:25 What is real estate investing?
10:28 Passive vs active strategies
15:35 Buy and hold
16:30 Short-term rentals
17:19 Flips
17:42 Whole selling
20:13 Best investing option for beginners
23:34 Pros and cons of short-term rentals
26:23 Hiring a property manager
30:38 PROFIT formula to succeed
36:29 Develop this quality to succeed as a real estate investor
37:52 How to learn real estate investing
41:07 What is financial freedom to you
42:32 How to achieve financial freedom
Episode resources:
- Sign up for Victoria's Real Estate Investing Training
- CluneyCo Website
- Victoria's Instagram and LinkedIn
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 45 of In Her Wallet Podcast! Today we’re talking about math anxiety and how it can affect your personal finances. Data shows that 93% of Americans have math anxiety, however women are disproportionately affected by it. Turns out parents talk differently to boys and girls about money, which is responsible for shaping habits and expectations that can last a lifetime. Math anxiety is just a feeling of nervousness though, and in reality, you don’t have to have an MBA in Finance to be financially successful.
In this episode, our host Sofiia is joined by Michelle Robertson, a.k.a Ms. Money and Math. They discuss what math anxiety is, how it shows up in everyday life, the ways to fight it, and how we can raise a more confident generation of women going forward!
Watch this episode in video on YouTube
If you like this episode, support the show by leaving us a 5-star review, sharing on social media, or via Buy-Me-A-Coffee Link
Key takeaways:
00:00 Welcome remarks
02:29 Get to know Michelle a.k.a Ms. Money and Math
05:32 What is math anxiety?
07:30 Why women are more likely to experience it
08:50 How math anxiety shows up in everyday life
11:05 Calculating the tip percentage
14:05 How to slowly build math confidence
24:22 How to raise numbers-confident girls
27:29 Money isn't about numbers, its about emotions
29:38 What is financial freedom to you?
30:46 Tips for women to achieve financial freedom
34:03 Message from Sofiia
Episode resources:
- Ms. Money and Math Instagram
- Ms. Money and Math Website
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 29 of Season 2! Today we’re talking about how to create wealth through business ownership. Our special guest, Staci Millard, sold an accounting company she built out of her basement for over a million dollars last year, and today she is answering all of Sofiia’s questions, including how to stop second-guessing your decisions, how to start making profit fast and maximize it during growth, what activities to focus on, and much more! If you’re an early stage entrepreneur who feels like there’s something missing for you to move forward, this episode is for you!
Watch this episode in video format on YouTube
Support the show via Buy-Me-a-Coffee Link
Key takeaways:
00:00 Welcome remarks
02:10 Get to know Staci & her story
07:39 Key element of building wealth
08:50 Develop this skill to reach profitability
10:03 Early stage business will only thrive if…
11:47 Do this to fight your fear around business finances
13:18 How to reach your first cash milestone
17:45 How to identify revenue-generating activities
19:56 Four stages of business
21:45 Entrepreneurial mindset
23:59 Most common mistakes new business owners do
28:46 How to take a leap into revenue-generation asap
32:46 How Staci used her exit money to build more wealth
34:33 What is financial freedom to you
35:15 Advice to women to achieve financial freedom
36:50 Special code for 50% OFF Business Blueprint
Episode resources:
- Use code INHERWALLET for 50% OFF Business Blueprint Course
- Download a FREE copy of The Profit Playbook
- Staci Millard Website
- Follow Staci Millard on Instagram
Overpowered Tools
Stop losing customers to a missed phone call with Missed Call Text-Back!
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 28 of Season 2! Today we’re talking about business finances. Specifically, the 3 key things you need to do to build a strong financial foundation for your business. Joining our host Sofiia today is Jami Monte, CPA and Creator of Chillbooks, a self-study course that will teach you the ins and outs of QuickBooks™ and give you an optimized set-up to automatically track your sales and expenses (goodbye, unnecessary spreadsheets).
Watch this episode in video format on YouTube
Support the Show via Buy-Me-A-Coffee Link
Check out Chillbooks Course
Key takeaways:
00:00 What we’re talking about today
01:30 Get to know Jami
04:00 Setting up a financial foundation for your business
07:22 Bookkeeping 101
13:50 Quickbooks vs Excel
17:05 Incorporated vs self-employed
19:37 When should you incorporate
22:43 Understanding how HST and GST works
25:54 How to receive tax rebate as a business
27:50 Personal vs business bank accounts
31:35 Accountant’s advice to entrepreneurs
34:20 What is financial freedom to Jami
35:58 Jami’s thoughts on how to get to financial freedom
39:26 Message from Sofiia
Episode resources:
- Free HST/GST Guide from Jami Monte
- Buy Chillbooks Course
- Jami Monte Instagram
- Jami Monte Website
Notre Dame Stories
Stories highlighting Notre Dame’s work to be a force for good in the world.
Listen on: Apple Podcasts Spotify
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 27 of Season 2! Today we’re bringing you hot tips for one of the most uncomfortable money-related conversations - those with your partner. Joining Sofiia is Stephanie Wolfe, the Founder of Wolfe Collective Wealth, certified financial counsellor, speaker, wife, mom, and passionate money educator. Stephanie shares the practical tools to better discuss finances in our romantic relationships and how to overall make smarter decisions with our money as women.
Watch this episode in video format on YouTube
Buy Me A Coffee Link
Key takeaways:
00:00 New ways to support the show
02:39 Get to know Stephanie
09:47 How and when to start the money talk
13:19 Who pays the dinner bill?
16:25 The 3 ways to approach finances in relationships
25:30 What if things get emotional?
29:27 How to set achievable financial goals
32:00 So what exactly are we supposed to discuss?
35:30 Tips for women with joint investment accounts
39:40 Financial red flags to keep an eye out for
46:33 What is financial freedom to Stephanie
48:21 Stephanie on how to achieve financial freedom
Episode Resources:
- Book a complimentary 20-min Discovery Call with Stephanie
- Wolfe Collective Wealth Website
- Stephanie Wolfe Instagram and Threads
Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Have you ever been in a position where you got a salary increase (yay!), but also start spending more on the things you suddenly feel the urge to splurge on, like getting a car upgrade or eating out in nice restaurants often? That's called lifestyle inflation, and in this episode, In Her Wallet host Sofiia dives into the discussion on how our desires for luxury and indulgence can sometimes lead to financial challenges and hinder our long-term financial well-being.
Tune in and join this episode as Sofiia explores the intersection of expensive taste, lifestyle inflation, and pursuit of financial stability.
Watch this episode in video format on YouTube
Key takeaways:
00:00 Welcome to Episode 26
02:00 What is lifestyle inflation
04:43 Desire to upgrade lifestyle
07:26 How we compare ourselves to others
10:57 Long-term consequences of lifestyle inflation
13:47 Common signs of lifestyle inflation
16:04 Practical tips to avoid lifestyle inflation
19:59 Building a sustainable lifestyle
22:31 If you have an expensive taste...
Insider's Career Club Podcast -Sindy Thomas
Helpful career tips from Your Career Insider and top industry professionals.
Listen on: Apple Podcasts Spotify
Thank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
Welcome to Episode 25 of Season 2! Joining Sofiia today is her sister Aleksa, who recently got her very first credit card. In this episode, Sofiia answers all the questions Aleksa has about credit cards and how to use them strategically. If you are new to credit cards or do not fully understand how they work and how to maximize them, tune in because this episode will get you equipped with all the knowledge to go from beginner to a pro.
Key takeaways:
00:00 Welcome to episode 25
01:00 What we're chatting about today
01:53 Meet Aleksa
04:10 Aleksa about getting her first cc
06:54 What is a credit score & how to maintain a good one
09:34 What affects your credit score?
12:48 Minimum payment vs full payment
14:20 Credit utilization ratio
16:30 When to use your credit card
19:07 Best time to pay off your card balance
21:35 How credit card interest work & how to minimize it
24:15 The 2 things to keep in mind with credit cards
25:35 How to maximize credit card rewards
Thank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram, TikTok and Threads
There's one big thing surrounding the investment landscape in 2023 - arrival of the U.S. recession. What does it mean for investors like you and me? How long can it last? And what is the best way to handle your money and investments during times like this?
Today I am joined by Lyndell Grey, Sr. Portfolio Manager and Wealth Advisor at RBC Wealth Management. Lyndell helps us tackle the above questions, and brings over 20 years of experience and her passion to provide hands on wealth management service when discussing things like tax-loss harvesting and structuring an all-weather investment portfolio for a market downturn.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we're talking about today
01:47 Get to know Lyndell
02:59 About her family practice
04:04 What is a recession?
05:10 What suggests we're close to recession
07:43 What would recession mean for investors
09:13 Bear market and investor's emotions
11:01 How to approach emotion management
12:42 If you don't want to get wet, don't go swimming
14:35 Structuring your investment portfolio
16:00 How to identify companies to invest in
16:35 Dividend-paying companies
17:07 Tax-loss harvesting 101
20:00 Lyndell's tips for remainder of 2023
21:06 What is financial freedom
21:30 What to do to achieve it
22:42 How to connect with Lyndell Grey
Episode resources:
- Grey Wealth Partners Website
- Lyndell's LinkedIn
- Facebook: Grey Wealth Partners of RBC Dominion Securities Inc.
Disclaimer:
The views in this recording are the personal views of both speakers and should not be taken as the views of RBC Dominion Securities. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this article should consult with his or her advisor. Neither RBC Dominion Securities nor any of its affiliates, nor any other person accepts any liability whatsoever for any direct or consequential loss arising from any use of this podcast, the information contained herein or the associated report on which this podcast is based. The podcast may not be reproduced or copied by any means without the prior consent of Royal Bank of Canada.
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Investing your money is a smart financial decision that can help you grow your wealth over time. However, as a beginner, it can be overwhelming to navigate the vast landscape of investment options. In this episode, Sofiia explains how to understand what type of investor you are, the types of investment options that work best for beginners, and the 4 things to keep in mind when starting to invest.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we're talking about today
00:59 What type of investor you are
02:10 Investment options available out there
02:49 Stocks 101
04:53 What stocks to buy as your first investment
05:53 ETFs 101
06:10 What ETFs to buy as your first investment
06:53 4 insights for beginner investors
08:50 What's the first step to invest?
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Here at In Her Wallet we talk about investing a lot. But what about the money you aren't ready to invest? Like money you're setting aside for your vacation in Europe next summer? If you've been keeping it in cash or simply letting it accumulate in your chequing account, thinking there's no other option to let it grow but invest - listen up!
In this episode, Sofiia explains what is considered money for short-term goals, and the three types of accounts to best keep it.
Watch this episode in video format on YouTube
Key takeaways:
00:00 Where I'm recording from today
01:52 Short-term vs long-term money
03:36 Where to keep your emergency fund
04:09 All about HISAs
06:02 How much HISA pays now
06:20 What are Money Market Funds?
07:18 How much MMF pays now
08:54 All about GICs
09:43 How much GIC pays now
10:32 What I use for short-term savings
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Did you know that 59% of women stress about money more than once per week, and 43% of women actively worry about money at least once a day? Isn’t that crazy? Money is a dominating stress in women’s lives, which is often caused by uncertainty, overwhelm, and past money trauma. But we must conquer our fears to gain control over our financial lives. Join Sofiia for 3 practical ways on how to do that.
Watch this episode in video format on YouTube
Key takeaways:
00:00 Where we’ve been
01:41 Where our psychological fears come from
04:41 Step #1
07:00 Step #2
09:07 Step #3
11:31 Final remarks
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
For many Canadians purchasing real estate is one of the most desired financial milestones - primarily because of home ownership, but also - as a way of building wealth long term, considering our residential real estate market, especially in cities like Vancouver and Toronto, appreciates strongly.
Join Sofiia for a discussion on what's better as long term investment for Canadians - stocks or real estate?
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we're talking about today
01:39 Basic differences between stocks and real estate
02:16 Key factors to consider when choosing an investment
05:15 Comparing rates of return
07:40 Any barriers to entry?
09:01 Building a portfolio with stocks and real estate
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
From moving to a new country to get her bachelor’s degree to raising $1.5M for her startup - our guest Liza, the founder of Chexy, sees no limits when it comes to aiming for success. In between those two milestones are two successful jobs at Deloitte and Square. What strategies does one employ to consistently excel and stand out in this competitive world?
In this episode, Sofiia and Liza chat about choosing a degree, climbing the corporate ladder, the strategies to stand out in a competitive industry, and how to recognize the right time to leave a stable job to pursue entrepreneurship. Liza openly shares her experience building a company from scratch and raising $1.5M for Chexy when it had zero revenue.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re talking about today
01:39 Get to know Liza
03:45 About Liza’s path that led to Chexy
07:02 Pros and cons of economics degree
10:57 Skills gained at Deloitte that paved the way further
14:10 Leaving Deloitte for Square, tech payments startup
17:35 What makes you standout in recruitment
20:18 Recognizing when to quit & pursue entrepreneurship
21:40 Financially preparing to quit a job
24:38 “I would not do a lot of the stuff I did when I started Chexy now”
28:50 When is the right time to launch your product
30:15 How she raised $1.5M
33:22 Key component for a successful startup
33:50 Advice to women aspiring entrepreneurship
35:55 What is financial freedom
38:30 Advice to women to achieve financial freedom
40:50 How to start using Chexy
Episode Resources:
- Chexy Website
- Chexy Reddit
- Chexy Instagram
- Liza's LinkedIn
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Caregiving for aging parents, especially the ones who become ill unexpectedly, isn’t something we consider in advance, while everyone is healthy. Yet it is a significant component that can have major personal finance consequences at the individual level. And while this is by no means exclusively a women's issue, there's no denying that women are disproportionately affected by the impact of both caregiving and receiving, financially and otherwise, as we age.
In this episode, Sofiia is joined by the President and CEO of RBC Royal Trust, Leanne Kaufman, for a conversation on the cost of caregiving and how you can start chats with your parents about their estate plan and planning for caregiving needs. Leanne shares a multitude of incredible stats and tips that she brings not only from her professional expertise, but also lived experience caring for her mother.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re chatting about today
01:35 Get to know Leanne
02:42 What RBC Royal Trust does
03:58 What Leanne’s day-to-day looks like as a President & CEO
05:43 Caregiving is still a women’s issue
06:31 Leanne’s personal story with caregiving
08:39 Why women shall plan in advance
11:50 What are the potential costs of caregiving?
14:10 How to talk about financial responsibilities with your parents
16:10 What is an estate plan?
18:30 What does an estate plan include?
20:00 How to ask parents if they have a will and estate plan?
21:23 What the roles of power of attorney and executor entail
24:01 Do you assume debts as an executor?
25:03 What is a “When I die” folder
27:51 When is it time for You to get a Will?
30:35 Leanne’s take on financial freedom
31:24 Leanne’s tip on how to achieve financial freedom
32:30 How RBC Royal Trust can help with caregiving and estate planning needs
Episode resources:
- About Leanne Kaufman Webpage
- RBC Royal Trust Website
Disclaimer:
The views in this recording are the personal views of both speakers and should not be taken as the views of RBC Royal Trust. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this article should consult with his or her advisor. Neither RBC Royal Trust nor any of its affiliates, nor any other person accepts any liability whatsoever for any direct or consequential loss arising from any use of this podcast, the information contained herein or the associated report on which this podcast is based. The podcast may not be reproduced or copied by any means without the prior consent of Royal Bank of Canada.
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Investing is about buying and selling securities, which is a fancy word for stocks and bonds. This usually happens on the stock exchange, and in this day and age investing has become digital, meaning you can access any large stock exchange through an online trading platform. They come in all shapes and forms, but how to choose the right one for you?
In this solo episode, Sofiia shares her own experience making a switch from one investing platform to the other, the three major types of platforms available today, its pros and cons.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re talking about today
01:09 Why investing is your best friend
01:52 What is a stock exchange?
02:56 Three major platform types available to you
05:49 Pros & cons of traditional brokerages
07:59 Pros & cons of robo-advisory platforms
10:39 Pros & cons of DIY platforms
12:49 One insight to leave you with
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
In the light of an exciting chapter in my life - getting engaged just 2 weeks ago (yay!) - I though bringing an episode around money in relationships is especially timely. And, I get it - money talk is sensitive, uncomfortable, and not really romantic. But it's a necessary foundation of any honest and true partnership.
In this episode, I share some eye-opening stats around money in relationship, specific to us, women, of course, and 3 modules of questions to get you started talking about finances with your partner.
Watch this episode in video format on YouTube
Key takeaways:
00:00 I got engaged!
02:00 You need to know about these stats around money in relationships
04:26 Questions to establish common ground
07:40 Questions around creating a financial union
09:25 Questions about financial planning and your future
13:40 How often should you talk about money
14:35 Message from Sofiia
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Birth control isn’t without side effects. As with any drug, there are beneficial effects and potential risks that affect everyone differently. What’s more, the only possible way to find the birth control option that works best for you is through trial and error - not really something we want to put our bodies (and wallets!) through.
Today Sofiia sits down with Dallas Barnes, Founder of Reya Health, a birth control matching and tracking app that takes the guesswork and frustration out of the process to make your search for the right birth control more personalized, less painful, and maybe even a little fun. In this conversation, Sofiia and Dallas tackle everything from types of birth control options available on the market and different side effects associated with it, to the cost of wrong birth control on women’s health and finances.
Watch this video in video format on YouTube
Key takeaways:
00:00 What we’re chatting about today
01:52 Get to know Dallas
04:27 Birth control journey is often frustrating
07:31 How many women struggle with finding the right birth control option?
10:30 Types of birth control
12:41 The cost of wrong birth control on your health
17:04 How soon side effects show up
18:23 The cost of wrong birth control on personal finance
21:35 Why you’ll be a fan of Reya Health
24:50 What is financial freedom
26:58 Advice to women who wish to achieve financial freedom
28:32 How to connect with Dallas and Reya Health
Episode resources:
- Reya Health Website
- Dallas Barnes LinkedIn
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify! It helps us grow and reach new audiences.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
What’s it like breaking into a male-dominated liquor industry in the midst of a pandemic, enduring 400% rise in production costs with a premium product line, taking your product off the market to build a factory, and getting a deal with the major liquor distributor in the province? All of this without attracting investor’s money!
These are just some of the challenges and wins that Olivia Lovenmark, Founder of Duchess Cocktails experienced since she had an idea of creating a drink for girlies like you and me on her flight from New York to Vancouver in 2019. This episode will be really helpful for anyone who is in their earlier days of building a business, as Olivia held nothing back when sharing her experience and timeline of creating a successful business brand from scratch.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re chatting about today
01:44 Get to know Olivia Lovenmark
04:05 Olivia’s career prior to starting a business
06:40 How the idea for Duchess Cocktails was born
10:00 We drink Cosmos on the podcast!
11:35 Designing cocktail flavours
13:35 From idea to selling first bottle
14:09 Navigating industry barriers
17:00 Why Olivia decided not to raise investor’s money to build Duchess
19:13 About self-funding a new business
22:21 Olivia’s advice if you’re building a business and working part-time
24:24 Preparing to bootstrap & what she didn’t expect
27:05 Overcoming emotional attachment to money and lack of it in early days
29:01 Overcoming rise of production costs during pandemic
33:35 How Duchess Cocktails got into BC Liquor Stores
35:00 Tips to solo-founders
36:32 What’s next for Duchess Cocktails
37:41 What does financial freedom mean to you
38:46 Advice to women who wish to achieve financial freedom
Episode resources:
- Duchess Cocktails Website
- Duchess Cocktails Instagram
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
In today’s episode, I talk with Simran Kang, the leader in North American family office space. Simran is a former advisor for Ultra High Net Worth (UHNW) families and their family-owned enterprises at PwC, and currently the Co-Founder of MyFO, the first fintech platform making family office management accessible to everyone building wealth, not just the 0.001%.
Simran explains how to gain confidence with investing - both when just starting out, and in volatile market conditions like today. She shares techniques the ultra high net worth families use to build wealth, and explains the steps she would take if she was just starting out today
Key takeaways:
00:00 Why wealth gap matters
02:23 Get to know Simran Kang
03:58 Simran about her career at PwC and building MyFO
06:40 What is estate planning and family office?
08:32 Simran’s view on why women invest less than men
09:57 Simran on where her confidence came from
11:32 What we can do to build financial confidence
13:06 Why budgeting and saving isn’t enough
15:30 How to balance saving and investing
17:30 A tool that shields you from paying tax on investment gains
17:55 Why women are actually great at investing
22:03 How to know if you’re saving and investing enough
24:24 Juggling different financial priorities at the same time
27:18 Simran’s tips on how to start building wealth
29:10 “Time in the market is more important than timing the market”
32:23 Simran sharing techniques UHNW families use to build wealth
36:00 How to get in touch with Simran
Episode resources:
- MyFO Website
- Simran Kang LinkedIn
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
In today's solo episode, Sofiia walks you through the 7 simple and easy ways to spring clean your finances. After listening to this episode, you will know how to get a fresh look at your finances, identify areas for improvement, and make positive changes to achieve your financial goals.
Watch this episode in video format on YouTube
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Job loss is something none of us wish for yet a topic we must know how to navigate if we do go through an experience like that. And, in 2023, this conversation is especially timely, since the economy is slowing down and more companies are downsizing and tightening their belts.
In this episode, Sofiia sits down with Erin Brandt, Lawyer and Co-Founder of PortaLaw, to talk about how the employment law protects you in case of a layoff and dismissal with or without cause, the things you’re entitled to, and the financial part, of course - the payouts you can negotiate with the company so you don’t leave anything on the table!
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re chatting about today
01:54 Get to know Erin Brandt
03:28 What employment lawyers do
04:31 The difference between layoff, being let go, and being fired
05:50 What you need to know about layoffs
07:45 What means consenting to a layoff
09:15 How to get employer to pay you $$$ upon a layoff
10:50 Things you’re entitled to when laid off
12:20 What to immediately do and not do if laid off
13:50 What is employment termination without cause
15:08 When you are entitled to severance pay
16:03 How to calculate severance pay
17:58 What your employer doesn’t want you to know about severance pay
22:25 What to immediately do and not do when dismissed
23:17 Dismissal with cause (getting fired)
26:22 What to immediately do and not do when fired
29:15 What is financial freedom
30:00 Advice to women who want to achieve financial freedom
This podcast is not intended to provide legal advice and is for general information purposes only.
Episode resources:
- Free resources from Porta Law
- If you need help as as an employee
- If you need help as an employer
- Employment Standards Branch BC
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
In this bonus episode, Sofiia is a guest on the Power in Heels podcast, where she chats with Maysee McLean and Whitney Keunen on all things Money 101: creating sustainable budget that actually works, how to start saving for bigger goals, leveraging credit cards to your advantage, making first steps in investing, and so much more!
Episode resources:
- Listen to Power in Heels Podcast
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Ever wondered what it takes to leave a stable-paying job to pursue your passion? For Lorin Winata, that was the case when she discovered that there are no non-alcoholic drink alternatives to water or high-sugar mocktails every time she would attend networking events and dinners vital to succeed in the VC industry. So she embarked on a mission to change that.
Melati drinks was launched mid-covid in Asia, yet even that didn’t stop Singaporean entrepreneur from getting her aperitif into Michelin-Star menus and onto the F1 track with the Porsche partnership. What did it take her to get there? We dig into it in this episode of the In Her Wallet podcast.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re chatting about today
01:50 Get to know Lorin
02:57 About career in venture capital
03:45 How the idea for Melati was born
06:20 Why go the premium product route?
09:55 How Lorin prepared financially to leave stable income
12:53 Building a start-up is a mental game
14:30 The biggest learning so far
15:39 About product development
17:13 Collecting initial feedback from customers
18:22 Did Melati launch go as planned?
20:29 Top tips from Lorin on entering new markets
21:20 Is Melati generating revenue yet?
23:02 Advice to women entrepreneurs
24:20 What does financial freedom mean to you?
24:50 Advice to women on financial freedom
Episode resources:
- Melati website
- To purchase Melati in Canada
- Lorin's Instagram
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
With all the buzz around Chat GPT, it got me thinking: can we leverage it when it comes to investing?
In this episode, Sofiia breaks down 6 key pieces of information you need to determine whether a stock is good fit for your portfolio, and how you can use Chat GPT to help you arrive at the final conclusion faster.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we're chatting about today
01:30 What information you need to evaluate a stock
02:42 Company Financials
03:50 Key metrics Chat GPT can help with
06:31 How to analyze industry & market trends
08:05 Questions for Chat GPT on company's management
09:02 Is the stock overvalued or undervalued?
09:55 Chat GPT analyzes news & events affecting stock price
11:15 Risks & changing market conditions
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram and TikTok
- Sofiia's LinkedIn, Instagram and TikTok
Did you know that 49% of people in North America neglect negotiating workplace compensation, which results in them missing out on, on average, over $75,000 over the course of their careers?
We don’t want you to be like that, so today’s episode is all about negotiating workplace benefits post-pandemic. Yes! That includes hybrid schedules, flex time, personal development credits, gym coverage, vacation days, and more! To help us navigate this subject, Sofiia sits down with Jillian Climie and Sophie Warwick, co-founders of The Thoughtful Co., a Vancouver-based consultancy agency advising women in compensation and contract negotiation.
Watch video version of this episode on YouTube
Key takeaway:
00:00 What we’re chatting about today
01:30 Meet Jillian and Sophie
05:09 Jillian’s career in Executive Compensation at Aritzia & Lululemon
06:35 Sophie’s background in engineering that led to The Thoughtful Co.
08:49 Neglecting negotiating salary & workplace benefits
11:57 Where to start when preparing to negotiate
14:00 Best time to negotiate your compensation
15:52 How to follow up on your negotiation ask
18:39 Easiest benefits to negotiate
21:32 Can I expect a year-end bonus if I joined recently?
23:00 Most often overlooked benefits with big upside
25:00 Negotiating your title and role scope
25:58 How to ask for hybrid schedule & flex time
28:30 Asking for health & wellness benefits
31:00 What are personal development credits
33:06 Practical tips from Jillian & Sophie on negotiating
37:20 What does financial freedom mean to you?
39:50 Advice to women who wish to achieve financial freedom
Episode resources:
- Use code 'thoughtfulwallet' for 15% off any 1-on-1 service
- The Thoughtful Co Website
- The Thoughtful Co Instagram
- Jillian’s LinkedIn
- Sophie’s LinkedIn
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
Taxes are one of the largest expenses you accumulate in your lifetime (ouch!). But while we are obligated to pay it, there are a number of legal ways to reduce your tax bill. In this episode, Sofiia lays the ground for how income tax in calculated in Canada, and the 3 easiest ways to reduce your tax bill.
Watch this episode in video format on YouTube
Key takeaways:
00:00 What we’re chatting about today
02:10 Disclaimer
02:40 How income tax in calculated
06:28 Paying less tax option #1
09:13 Paying less tax option #2
12:41 Paying less tax option #3
14:00 Don’t skip this part
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
Not sure what’s included in your workplace benefits package and how to take full advantage of everything your employer offers you?
In this episode, Sofiia sits down with Katrina Sinclair, VP of Business Development at Davis Benefits, Canada’s leading Employee Benefits Advisory Firm, to chat about all things workplace benefits - how employee benefits work, what benefits you are entitled to in Canada and the ones you can negotiate, and how to take full advantage of everything your employer offers you.
In the second part of the episode, we look closely at employee benefits for co-op students, women actively building their careers, and those who are preparing for motherhood.
Watch this episode in video format on YouTube
Key Takeaways:
00:10 What we’re chatting about today
02:17 What employee benefits are
04:05 Most common types of workplace benefits
06:40 A benefit that’s often overlooked
09:13 How employee benefits can get you closer to financial security
10:25 Must-offer vs nice-to-offer benefits
11:20 How to find our what benefits are offered by employers
13:00 Are co-op students entitled to workplace benefits?
14:25 Next week’s episode teaser
14:46 Best benefits to focus on while you’re actively building a career
16:22 #1 thing to negotiate in your job offer
17:58 How a regular benefits package looks like in Canada
20:50 How RRSP in workplace benefits can get you closer to retirement
24:25 What are Employee Stock Options?
26:12 Unique fertility benefits for women preparing to get pregnant
27:50 What benefits are available to expecting women
28:57 Maternity leave 101
33:02 Can my daycare expenses be covered by the employer?
34:30 Who can I talk to besides my employer if I don’t understand my benefits?
35:55 Katrina answers what financial freedom means to her
36:24 Katrina’s advice to women striving for financial freedom
37:04 How to get in touch with Katrina Sinclair
Episode Resources:
- Katrina’s LinkedIn
- Katrina's Instagram
- Davis Benefits Website
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
If you get a feeling that insurance products can be a rip off for your wallet - this episode’s for you!
Today, Sofiia sits down with Shanna Liber and Nikki Downie, licensed Insurance Advisors at Cove Continuity Advisors Inc., to pick their brains on all things insurance 101 - what insurance products are meant to do, the pros and cons of having insurance, and how to choose the right insurance products that follow its purpose instead of ripping off your wallet.
Watch this episode in video format on YouTube
Key Takeaways:
00:10 What we’re chatting about today
01:25 Get to know Nikki & Shanna icebreaker
03:55 What is insurance
05:00 Why should we bother getting insurance
06:15 Should homeowners buy insurance at a bank or personally?
08:00 New homeowners guide to insurance
08:48 Do moms and soon-to-be moms need insurance?
09:33 Mothers’ guide to insurance
11:09 How insurance can pay for child’s education/home purchase
12:10 How much does insurance for mothers cost
13:00 Sole entrepreneur’s guide to insurance
14:10 How to protect yourself from income loss as a business owner
17:23 What affects the cost of insurance
18:57 How payments for insurance work
19:45 What happens if you fail to pay for insurance
21:17 Steps to take if you decide to get insurance protection
23:53 What does financial freedom mean to you?
24:43 Advice to women who want to achieve financial freedom
Episode resources:
- Cove Continuity Advisors Website
- Nikkie Downie | LinkedIn & Instagram
- Shanna Liber | LinkedIn & Instagram
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
Wondering how to spend your tax refund money wisely?
Listen to this episode to learn about the 4 strategic ways to use your tax refund money so that you set yourself up for financial stability and success.
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
Did you know that there is over $5.9 billion of government funding available every year? In this episode, Sofiia sits down with Brianna Blaney, co-founder of Pocketed, to chat about how you can successfully access this funding to start and grow your business in Canada.
Watch this episode in video format on YouTube
Key Takeaways:
00:10 What we’re chatting about today
01:25 Get to know Brianna icebreaker
03:06 What is Pocketed?
04:10 Brianna’s professional background
05:10 Working with a Co-Founder
06:25 What businesses can get gov funding?
09:40 Big mission behind Pocketed
11:17 Does gov funding prioritize women-owned businesses (shocking answer)
14:05 How to access grants that match your business needs
16:28 The structure behind gov funding
19:41 Minimal criteria to successfully secure gov funding
22:53 3 types of government funding
24:30 Commonly overlooked gov funding programs
25:42 The first thing to do when looking at gov funding
26:08 What’s the most successful way to approach grants
27:56 Do you have to pay tax on grants?
28:28 What does financial freedom mean to you?
28:46 Advice if you wish to achieve financial freedom of choice
30:51 How to connect with Brianna and start using Pocketed.io
Use code INHERWALLET to access 40% OFF Pocketed Grant Matching Tool
Episode Resources:
- Pocketed Website
- Pocketed Instagram and LinkedIn
- Brianna Blaney’s LinkedIn
If you enjoyed this episode, please rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
Ever wondered what a journey of a non-technical female founder aiming to build a global e-commerce start-up looks like? In that case, I got a perfect guest for you. Kristine Locker is the founder of Locker, a Chrome-extension and soon-to-be an app that is revolutionizing the way consumers like you and me shop online by allowing users to browse, save, share and recommend their favourites across thousands of brand websites in one single place. Kristine is not only aiming for Locker to become a household name (like Sephora) amongst women like you and me, but she is also good at doing it. Amongst many milestones Locker has already hit are the $1M of investment funds raised and over 450,000 products saved on the platform.
In this episode, Sofiia and Kristine chat about leaving a stable paying job to pursue entrepreneurship, how to build a tech start-up as a non-technical founder, the journey of raising Locker's first $1M, and how this platform can help alleviate impulse shopping.
Watch this episode in video format on YouTube
Episode resources:
- Sign-up for Locker
- Locker's Instagram and TikTok
- Kristine's LinkedIn, Instagram and TikTok
If you enjoyed this episode, rate the show and leave us a review on Apple Podcasts and Spotify.
- Subscribe to In Her Wallet on YouTube
- In Her Wallet Instagram
- Sofiia's LinkedIn, Instagram and TikTok
Well, well, well... In Her Wallet is finally back after a two month break! This podcast was started on a core belief that every woman out there deserves to reach financial success, however you define that. Despite loads of news and information about the economy and stock markets out there, personal finances are still covered in mystery for many of us - especially in time of economic uncertainty. The hardest part is that being good with money and properly managing your own wealth, big or small, isn’t something that’s taught to us in schools, and we’re expected to figure it all out by ourselves.
Join Sofiia, the founder of In Her Wallet and an Accredited Investment Representative in Canada, as she guides you on your path to financial success while having honest, relevant and entertaining conversations with personal finance and business experts, authors, entrepreneurs and women who have been there and done that.
- Follow us on Instagram & TikTok
- Rate our show & leave us a review as a token of thank you
Caution Listening to this trailer might get you hooked to all the episodes to come. New episodes air every Wednesday & Friday on Apple Podcasts, Spotify and Amazon Music.
In the final episode of Season 1, Sofiia sits down with Robyn Thompson, the founder of Castlemark Wealth Management, a female-led Toronto-based boutique financial advisory firm. As a Certified Financial Planner and a widely published author, Robyn shares the lessons her company and clients learnt in 2022, and the top money and investing tips for 2023.
Key Takeaways
00:00 Season 1 Round-Up
01:58 About Robyn
03:23 Turning hardships into life calling
05:50 How 2022 turned out for Robyn and her clients
08:43 Lessons learnt in the past year
10:28 Advice to women who never invested before
15:04 Shocking stats & why every woman needs to have a financial plan
17:13 Top 3 things when creating a financial plan
22:45 Top market and economy expectations for 2023
30:10 Money and investing tips for 2023
35:00 How to stay safe from online scams
36:15 Things to avoid in 2023
37:58 Robyn shares pro tips for RRSP and TFSA
40:50 Building an investment portfolio explained
42:01 Robyn shares her new year resolutions
45:10 What is financial freedom to you
45:43 What should every woman do to achieve financial freedom?
46:43 How to connect with Robyn Thompson
Episode Resources
Castemark Wealth Management | Website
Book Complimentary Consultation | Booking Page
Robyn Thompson | Instagram
Robyn Thompson | LinkedIn
In Her Wallet Podcast will be back for Season 2 in February 2023. To stay updated:
- Follow Us on Instagram
- Leave us a Review
Newsly
- Download and use Newsly for free now from www.newsly.me
- Use promo-code HERWALLET to receive 1-month free premium subscription
Disclaimer:
The views in this recording are the personal views of the Investment Advisor and should not be taken as the views of Wellington-Altus Private Wealth. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this article should consult with his or her advisor.
The way that we manage our money affects every area of our lives. So it only makes sense to plan for 2023 by starting with creating a vision board for your finances first - as it will both ensure you achieve everything you wish for on your pinterest vision board, and also get you closer to becoming financially secure.
Sofiia starts this episode with explaining the difference between new year resolutions (that many of us fall victim to) and intention setting. She then walks you through two major examples of financial intentions for 2023. We dive deep into how financial intentions can be categorized by groups, and Sofiia shares her personal examples of intentions for the year ahead. Second part of the episode is devoted to 2023 - what you can do now to set yourself up for a financially successful year ahead. Sofiia wraps this episode up by sharing her top 3 personal finance book recommendations.
In Her Wallet Podcast
- Follow Us on Instagram
- Leave us a Review
Newsly
- Download and use Newsly for free now from www.newsly.me
- Use promo-code HERWALLET to receive 1-month free premium subscription
Holiday gift shopping can be both an exciting and stressful time of the year. And, for many of us, stress is caused not only by the unknown of what gifts to choose for our loved ones, but also by making sure our personal finances don’t take a hit. Today, Sofiia walks you through the best practices you can stick to to save money and the costly errors to avoid when holiday gift shopping.
Episode Resources:
- Episode 11 “Prenups 101 & Why They Can Be the Best Thing for Your Marriage with Titli Datta” | Listen on Apple, Spotify or Amazon Music
- Episode 12 “The Ultimate Guide to Planning a Wedding for 2023 with Nargess Tabrizy” | Listen on Apple, Spotify or Amazon Music
Newsly
- Download and use Newsly for free now from www.newsly.me
- Use promo-code HERWALLET to receive 1-month free premium subscription
Follow In Her Wallet Podcast on Instagram and Leave us a Review as a Thank-You Token for Our Work (Scroll down to Ratings & Reviews and click 'Write a Review').
Today, I am talking with a professional wedding planner, Nargess Tabrizy. Planning her own wedding almost 10 years ago without modern day resources, like Pinterest, and juggling a full-time job in finance at the same time has shown Nargess where her passion really lies - in event planning. She turned this passion into a nation-wide known business, priding itself on the unique, one-of-a-kind weddings with beautiful thematic designs and decorations.
Nargess opens the conversation by sharing how she got into event planning and the type of work she enjoys doing the most. We then discuss how soon one should start planning a wedding, and the top things to consider when choosing ‘the date’. Nargess shares her best practices when it comes to creating a wedding budget, and what every couple should consider at this stage. Throughout the chat, Nargess shares amazing behind-the-scenes stats every person planning a wedding should know. We close off by discussing the big 2023 wedding trends, and how you can wow your guests.
Key Takeaways
01:25 Turning passion into business
02:55 The most memorable events Nargess put on
04:00 When to start planning for a wedding
05:05 The first thing to do on your wedding planning journey
06:55 Wedding budget 101
07:55 To include or not to include a bachelorette party into your wedding budget?
08:50 Top 5 must-include budget items
11:20 Nice-to-have wedding features if budget permits
13:00 Who is the ‘Day Of Coordinator’?
16:15 How many hours goes into planning a wedding
16:50 Money-saving strategies when planning a wedding
18:13 Advice from Nargess on how to structure a guest list
20:24 2 tips from Nargess if you’re planning it all by yourself
21:26 Creating a wedding vision board
23:10 Weddings trends for 2023
24:46 2 ways to wow your wedding guests
28:10 How to approach wedding gifts
31:52 Do you need a wedding planner or not?
33:27 How to find a wedding planner you align with
34:04 How much does a wedding planner cost?
35:40 Luxe Bridal Brunch
37:47 What is financial freedom to you?
39:02 What should every woman do to achieve financial freedom?
Episode Resources
Fleur De Lis Events | Website
Fleur De Lis Events | Instagram
Luxe Bridal Brunch | Registration Page
Nargess Tabrizy Contact | nargess@fleurdelisevents.ca
Follow In Her Wallet Podcast on Instagram and Leave us a Review as a Thank-You Token for Our Work (Scroll down to Ratings & Reviews and click 'Write a Review').
Financial intimacy in relationships is a big topic, and we begin to explore this subject at In Her Wallet with a powerful episode on prenups. Today, Sofiia sits down with Titli Datta, Associate Lawyer at one of Canada’s most respected national law firms, Miller Thomson. In an honest and intriguing conversation, Sofiia and Titli debunk common myths around prenups, look at prenups of celebrity couples, like Kim and Kanye, and discuss how every couple can use this legal document as a tool for a happy and long-lasting marriage.
To connect with Titli Datta, send her an email at tdatta@millerthomson.com & check out her Website and LinkedIn.
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback means a lot!
Key Takeaways:
00:00 Our first 1,000 downloads
02:10 About Titli Datta
03:40 What is a prenup?
05:30 Debunking 3 major myths around prenuptial agreements
12:45 When is the right time to create and sign a prenup?
15:00 How the government protects you in case of separation with no prenup in place
20:35 What can be outlined in a prenup
25:00 The key for a prenup to hold in court
26:35 What happens if the prenup is considered not enforceable at divorce
27:35 Discussing the details of Kim Kardashian and Kanye West’s prenup
31:05 $10M/year clause in Jacqueline Kennedy’s prenup with Ari Onassis
32:00 The infidelity clause in Jessica Biel and Justin Timberlake’s prenup
32:35 Fun fact in Priscilla Chan and Mark Zuckerberg’s contract
33:30 Can cheating be included in prenups?
35:15 What if you and your partner don’t agree on prenup terms?
37:24 Best practices on how to draft a prenup
39:57 How much does it cost to draft a prenup with a lawyer?
41:00 What does financial freedom mean to you?
42:08 What should every woman do to set herself up to achieve financial freedom?
42:59 How to connect with Titli Datta
44:15 Teaser of next week’s episode
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
Follow In Her Wallet Podcast on Instagram.
Two of the most exciting days of the year for avid shoppers are just around the corner - Black Friday and Cyber Monday! The weekend long discounts and deals go live all over the world, and traditionally mark the start of the holiday shopping season.
Today, Sofiia walks you through the 4 simple strategies on how to build better spending habits that actually last. These techniques can be especially useful during this tricky time, when shopping seems especially tempting due to discount deals.
Follow In Her Wallet Podcast on Instagram!
Resources referenced:
- In Her Wallet Episode #3 '2 Ways to Know if You're Hooked to Emotional Spending & 3 Techniques to Stop It' - Listen on Apple Podcasts, Spotify or Amazon Music
- Atomic Habits by James Clear - Buy on Amazon
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback means a lot!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
It’s that time of the year again! You head into your manager’s office for a performance review meeting. Feeling nervous about how it might go, despite knowing your work results have advanced the team forward? It’s natural, trust us. After all, your job, salary, and much more might change as a result of it.
Today, Sofiia walks you through a step-by-step guide on how to prepare for a performance review meeting and increase your chances of negotiating whatever your ask might be! Grab a cup of tea (or a glass of wine!), a pen and paper, and take those notes to get what you want during your upcoming performance review.
Episode mentioned in this podcast:
- Investing Secrets of High Net-Worth Women with Jessica Keus - Listen on Apple, Spotify or Amazon Music
- Game-Changing Tips on How to Land Fast-Tracked Career Promotions & Secure Salary Raises with Tiffany Uman - Listen on Apple, Spotify or Amazon Music
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback means a lot!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
The time has come! A conversation I have been really looking forward to. Today, I sit down with Jessica Keus, an Investment Advisor with a female-focused practice at Wellington-Altus Private Wealth. Jessica is a contributor to the Ontario Securities Commission Advisory Panel on the topic of Women and Investing, she has been named one of CBCs Future 40 Wealth Professional Leading Women in Wealth, and Top 50 Next Big Names in Canada’s Wealth Management Industry. Jessica is a Breakout Speaker at the Winnipeg Women’s Conference, and she is also a frequent contributor on Global News and CBC Radio. All in all, she is a real deal and someone we can trust when talking about money and investing!
We start our conversation with laying the ground on what working with an Investment Advisor is like, as well as how much wealth do you actually have to have to qualify to work with one. Jessica then moves on to sharing more about the high net-worth women she works with - their characteristics, habits, and some investing secrets. We discuss the investing procrastination penalty and the things one should keep in mind to build a winning investment portfolio. We wrap our conversation on a sweet note - Jessica talks about the money lessons she teaches her little daughters!
To connect with Jessica, send her an email at jessica.keus@wellington-altus.ca & check out her Instagram and LinkedIn.
Key Takeaways:00:00 Intro
00:34 About Jessica Keus
02:08 About Jessica’s career in wealth management
04:10 What makes your work with an Investment Advisor a success
05:05 What changes when you have your money managed professionally
07:15 How much do people actually pay to Investment Advisors?
08:55 Jessica’s clients’ common state of financial affairs prior to working with her
11:12 The most underestimated piece of advice in money management
12:10 What majority overlook when it comes to personal finance
13:10 About the procrastination penalty
14:07 How Jessica helps her clients move from saving to investing mindset
15:15 Characteristics of successful female investors
17:26 Habits of successful female investors
19:00 How women differ from men when it comes to investing
20:55 Traditional equities vs alternative investments
22:55 Boring money vs exciting money
23:17 How to build a winning investment portfolio
26:18 How to prepare for potentially challenging times ahead
28:18 Married life and finances
30:07 Early money lessons Jessica is sharing with her daughters
31:44 What is the good age to start talking to children about money
33:01 What does financial freedom mean to you?
33:55 What should every woman do to set herself up for financial freedom
34:52 Here’s where to find Jessica if you wish to connect
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback means a lot!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
Disclaimer:
The views in this recording are the personal views of the Investment Advisor and should not be taken as the views of Wellington-Altus Private Wealth. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this article should consult with his or her advisor.
Today I sit down with a woman who assists people with getting closer to their life-long goals and dreams. In particular, with Jessica Facini, who is a Sr. Mortgage Broker with Verico based here in Vancouver, Canada. Jessica brings over 12 years of experience to the table when helping her clients secure the best mortgage rates during their real estate purchases, either residential or commercial. She is someone who can save you money by sourcing the best mortgage products at the best rates - not only on your first mortgage but through every subsequent renewal.
In our conversation, Jessica describes what mortgage brokers do and what role they play in real estate buying process. She holds nothing back when sharing her personal story of buying her first real estate property and the challenges she ran into, as well as gives us unbiased advice on whether you should hold off buying real estate in the high interest rate environment we're in right now. We dive deep into the factors that can help you determine whether your first real estate property should be a home or an investment, and how one can maximize their chances for best interest rates during either of these purchases.
Follow In Her Wallet Podcast on Instagram!
Key takeaways:
- 00:00 Intro
- 01:28 Guest introduction
- 02:02 Jessica about her role and career
- 03:15 Where mortgage brokers come-in in your real estate buying process
- 04:39 When it's time to contact a mortgage broker
- 05:50 Jessica's comment on high interest rates and real estate market
- 08:00 Should you buy an investment property and continue renting home to create an additional source of income for yourself?
- 09:44 How Jessica's mortgage payment changed with higher interest rates
- 10:35 Variable vs fixed mortgages
- 13:05 How to choose an investment property
- 14:43 Can you make passive income with terrible-looking properties?
- 16:27 Top things to consider when taking on an investment property
- 17:24 Jessica sharing experience on her tenant running illegal AirBnb
- 19:14 Top things to keep in mind when getting mortgage for a home purchase
- 21:05 How to save for a downpayment
- 22:29 Where the real power lies in making money with with real estate
- 22:48 Tips to get the best mortgage rates
- 24:55 Is now a good time to buy real estate at all?
- 27:45 Jessica's advice to women looking to buy real estate
- 29:29 What does financial freedom mean to you?
- 30:35 One thing every woman should do to achieve financial freedom
- 31:21 If you wish to contact Jessica Facini
To get in touch with Jessica, visit her website , send her an email at jessica@jessicafacini.ca or call at 778 386 9086.
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova, @iadaptyou and @inherwalletpodcast), so we can thank you personally!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
What the heck is inflation and can you actually make money in this environment? Join Sofiia in this short and straight-to-the-point solo-episode as she guides you through all things rising prices - what it is, why it is so intense right now, whether we can expect things to get better in the near future. In the second half of the episode, Sofiia shares three timeless tips on how to inflation-proof your wallet.
Stay tuned till the end for a list of market sectors to invest in during recession!
Follow In Her Wallet Podcast on Instagram!
Key Takeaways:
- 00:20 Intro
- 00:55 Average American now has to work extra 8-hours per week to afford rent
- 01:52 The reason inflation remains a hot topic
- 02:20 How far behind is wage growth against rising good prices
- 02:40 Can we hope for a Christmas miracle?
- 03:00 Do you really need to be informed on the economic environment?
- 03:50 What the heck is inflation and why does it exist?
- 04:45 What happens when inflation gets out of control
- 05:39 Did you know that Canada’s inflation rate is slowing down? There’s a trick to it…
- 06:20 Where inflation starts and ends on product scale
- 08:10 Are things getting better or worse?
- 08:30 Will a recession happen?
- 09:46 3 ways to inflation-proof your wallet
- 10:18 Tip 1
- 11:36 Tip 2
- 12:10 Tp 2
- 12:25 How you can make money thanks to inflation
- 12:48 Market sectors that do well during inflation
- 13:35 Conclusion
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova, @iadaptyou and @inherwalletpodcast), so we can thank you personally!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
This week’s episode is extra special because we are welcoming our very first guest to In Her Wallet podcast! Tiffany Uman is a former Senior Director of a Fortune 500 company (L’oreal) where she achieved 7 promotions in less than 10 years, was named an internal transformation change agent, was head of marketing on multiple multi-million dollar brands, and coached and grew numerous teams. Today, Tiffany dedicates her time to the one thing she is passionate about - helping young professionals fast-track their career success and become the very best versions of themselves.
We start with Tiffany openly sharing her amazing journey at L’oreal, the factors which contributed to her consistent career and income growth, the challenges she overcame, and the lessons learnt along the way. Next, we dive deep into the recent trend of quiet quitting, where Tiffany shares practical advice on do’s and don’ts when faced with a demotivating work environment. Second part of the episode is dedicated to negotiating your career promotions and compensation raises. Tiffany shares her best practices based on personal experience and the secret weapons her students use to secure off-season promotions and double digit % salary increases.
Register for Tiffany’s FREE Career Growth Accelerator to fast track your career success, without compromising your well-being.
Follow In Her Wallet Podcast on Instagram!
Key takeaways:
- 00:00 Intro
- 01:00 Her achievement’s speak for herself
- 02:19 Tiffany on her career growth in Fortune 500 space
- 03:42 Following her passion led her to…
- 04:20 From Marketing Intern at Vichy to Head of Marketing at L'oreal
- 06:15 Key driver that helped her achieve consistent career promotions
- 07:55 If you don’t believe in yourself, no one else is going to
- 09:15 The hierarchy
- 09:50 Self-advocacy
- 10:25 Wake-up call
- 14:25 About quiet-quitting
- 15:55 Don’t leave any stone unturned
- 17:25 The one question to ask yourself before you decide to quit
- 18:00 To tolerate or not?
- 19:55 Sofiia sharing one growth experience from her corporate path
- 22:00 How to counter subjectivity against your career growth
- 23:20 When it’s time to reach out to HR directly
- 24:20 Does title promotion mean compensation raise?
- 25:15 Indicator of the best time to negotiate
- 26:25 Why pay gap exists
- 27:40 We owe it to ourselves to ask
- 28:40 Tiffany shares her tips for negotiating
- 29:19 How to prepare a business case
- 31:40 Your secret weapon when faced with resistance
- 33:40 Tiffany is hosting a FREE Career Growth Accelerator
- 37:18 Not so obvious factors employers look at when evaluating your performance
- 39:12 New tradition at In Her Wallet podcast
- 39:52 Financial freedom means…
- 40:18 The one thing every woman should do to achieve financial freedom...
- 41:12 Where to find Tiffany if you wish to connect
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova & @iadaptyou), so we can thank you personally!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
Do you wish to become financially wealthy one day, but don’t know where to start? Then this episode is for you! This week I am teaching you one of the major financial skills I witnessed firsthand while working with high net-worth individuals in managing their fortunes. In particular, we talk about the importance of keeping track of your financial situation & the importance of knowing the 5 critical financial numbers if you want to build wealth.
Previous episodes referenced today:
- 2 ways to know if you’re hooked to emotional spending & 3 techniques to stop it
- Saving vs. investing - which route should you take in 2022?
Next week we will air our first guest speaker episode! If you want to grow your income, receive a raise or a long-awaited promotion before the year end - make sure to follow our podcast and tune in on October 19!
Key Takeaways:
- 00:50 How my friend applied last week’s episode takeaways to her life
- 02:20 I don’t want to calculate how much I spend because I know I can afford it
- 03:00 The one skill I learnt from high net-worth clients when working in Wealth Management
- 04:30 How you behave is more important than what you know
- 06:10 Where your wealth journey starts
- 07:10 Take-home pay - fixed expenses = disposable incomes
- 08:57 Why care about your credit score
- 11:10 Piggy bank balance and savings rate
- 13:18 Why you shouldn’t check your investment balance too often
- 14:47 What you own vs. what you owe
- 15:55 Why you shouldn’t watch Selling Sunset next time
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova & @iadaptyou), so we can thank you personally!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
Have you ever bought a new make up item from Sephora or a pair of heels to cheer yourself up? Chances are, you did, because money is meant to be enjoyed, and it is one of the tools we use to make ourselves feel better.
So in this week’s episode, we talk about all things emotional spending. Is it good or bad? When does it become an issue? How can one identify this pattern in their behaviour, and what techniques can we use to take it under control?
Want to be the first to know when I ADAPT YOU Academy launches? Sign-up for our updates here: https://www.iadaptyou.com/coming-soon
Key Takeaways:
- 00:20 Greetings from New York City
- 2:15 How much did I make in my first paid job & what I spent it on
- 5:00 What is Emotional Spending?
- 5:30 Money is meant to be enjoyed
- 6:25 Stats you didn’t know
- 7:00 When emotional spending becomes a problem
- 8:35 Spoiler alert for I ADAPT YOU Academy course
- 9:28 2 ways to know if you are hooked to emotional spending
- 11:20 How to get emotional spending under control
- 12:00 Technique #1: What is at the root of your purchase desire?
- 13:05 Technique #2: Evaluate the worth of the item
- 14:10 Technique #3: Does it have a long-term positive impact on your life?
- 15:10 24-hour rule
- 15:40 4 bonus tips from Sofiia’s shopping routine
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova & @iadaptyou), so we can thank you personally!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
In this week’s episode I answer a question people of different backgrounds and knowledge levels might be wondering about, and, chances are - you are asking yourself the same question too. What should you do with spare cash in 2022 - save it or invest it?
First, we dive deep into two concepts: saving and investing. How they work, what is the difference and the downsides to consider when it comes to both. I offer two questions to guide you in the decisions whether to save or invest your spare dollars, and the foundations that need to be in place for either of these processes to work.
Second part of the episode is dedicated to the environment we are in today - with rising interest rates, does it still make sense to invest in the stock market if you carry an unpaid balance on your credit card, a variable rate loan on your car or real estate property.
Want to be the first to know when I ADAPT YOU Academy launches? Sign-up for our updates: https://www.iadaptyou.com/coming-soon
Key Takeaways:
- 00:40 Send me a voicemail
- 1:35 Why this topic?
- 2:45 Specifics of the environment we are in this year
- 3:40 Let’s establish some common language
- 4:04 You don’t need a specific reason to save $$$
- 6:14 Pros and cons of saving
- 7:05 Investing - a way to streamline your wealth building journey
- 8:05 Two questions to understand whether you should save or invest
- 9:50 Why not keep everything in a savings account?
- 10:33 Investing is no exception when it comes to sudden downturns
- 11:50 Should you invest in the stock market when interest rates keep rising?
- 12:55 How you can make money by paying off debt now
- 13:20 What to do if you’re unable to pay down debt quickly?
- 13:50 Best practices for 2022
Like this episode? Leave us a review here - we produce these episodes for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova & @iadaptyou), so we can thank you personally!
Have a personal finance question or a situation you're unsure how to deal with? Leave me a voicemail here - I will make sure to offer you answers in the episodes to come!
On the first episode of In Her Wallet, I want to touch on a topic that impacts us all - our relationship with money. In particular, how come do we never talk about it with each other, as women? We dish bad dates, toxic work colleagues, our sex life and bikini waxes, but when it comes to money, suddenly it's too personal!
Today I will share with you the fascinating results of the market research I did for the e-learning platform I am building, I ADAPT YOU. In particular, the 3 major findings as to why money rarely comes up in our conversations. If only we all knew we share the same feelings!
In the second part of the episode, I am sharing 5 questions designed to improve your relationship with money. These are a part of my own financial wellness routine, and I can't wait for you to apply them to your own life!
Want to be the first to know when I ADAPT YOU Academy launches? Sign-up for our updates: https://www.iadaptyou.com/coming-soon
Key Takeaways:
- 00:00 Intro
- 02:03 Why we, women, should start talking about money with each other?
- 03:00 Episode agenda
- 05:33 Three things stopping women from talking about money
- 11:50 Five questions designed to improve your relationship with money
- 18:28 Final message
Like this episode? Leave us a review here - I do this for You, so your feedback goes a long way! Share the podcast with friends and tag us on Instagram (@SofiiaSalimova & @iadaptyou), so we can thank you personally!
Have a money/investing question or challenge you've been struggling with? Leave me a voicemail here - I will make sure to give you answers in the episodes to come!
Does the thought of managing your finances leave you feeling overwhelmed? Many of us, women, do feel that way. But your path to financial independence shouldn’t be hard. At ‘In Her Wallet’, we take matters of the masculine world of money into our own hands. Join Sofiia, Accredited Investment Representative in Canada and the Founder of I ADAPT YOU Academy, as she guides you on your path to financial success while having honest, relevant and entertaining conversations with personal finance and business experts, authors, entrepreneurs and women who have been there and done that. New episodes air every Wednesday.