Are you thinking about getting started investing your money, but aren’t sure how much you should invest? In this episode I walk you through the basics of how to decide how much money you’re comfortable investing, so you can find the balance between saving for your future while still living comfortably and enjoying your hard-earned money today. We'll also dive into what index funds are and how they’re a beginner friendly way to start investing responsibly if you're overwhelmed by the choice of different investments available.

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Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

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If you’ve caught some of my previous episodes you’ll know that I’m a strong believer in making sure that everyone has an emergency fund, also known as an F You Fund, to protect themselves. I’ve walked you through how to start an emergency fund, how to save money faster for your emergency fund, and how much you need in am emergency fund. So today, I thought it would be a good idea to talk about how long it can reasonably take to save up for your emergency fund, because despite the immediacy of the internet, it actually can take a really long time to save up for your fund and I don’t want you to become discouraged if it doesn’t happen overnight! So, stick around to learn how to calculate how long it will take for you to fill your emergency fund, and how to keep yourself motivated when saving money!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

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Video: https://youtu.be/8m_nogEX4fo

THE 5 BEST WAYS TO BUILD WEALTH IN YOUR 20’S

This episode walks you through the best ways to build wealth in your 20’s. Building wealth works best when you start young, and I wish this was something we were taught in school so we could all take advantage of starting to grow our money while we’re young! This doesn’t teach you how to be rich quickly, but sticking with a long term wealth building investment strategy will help you become rich and financially secure later in life!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

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Note: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

This episode is for you if you didn’t know that tax write offs and tax deductions aren’t just for small businesses and entrepreneurs! Even if you’re an employee, there may be ways that you can use tax deductions to pay less tax in canada. Want to lower your tax but don’t know how, make sure you catch this episode to see if one of these 10 great tax deductions applies to you!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

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Video: https://youtu.be/8m_nogEX4fo

Note: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

Today we’re talking about how to file taxes in Canada! Canadian taxes aren’t complicated or scary, but they can feel that way when you’re a beginner filing your taxes for the first time! In today’s lesson we cover the basics of how you can file your taxes in Canada, including different options for filing taxes, how to use tax deductions and tax credits, and how to use an RRSP to save money on taxes in Canada. By the end of the episode you’ll be able to decide what method is best for you to use to file your taxes this year, and what important information you need to have before filing your taxes.

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

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Video: https://youtu.be/8m_nogEX4fo

Note: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

If you’ve been looking for a complete beginner’s guide to TFSAs then look no further! This TFSA for beginners episode walks you through the rules of using a TFSA in Canada properly. Including what is a TFSA, how to use a TFSA, and how to invest tax free in your Canadian TFSA account, this is the go-to-guide for anyone looking for a ‘TFSA for dummies’ approach to explaining Tax Free Savings Accounts in Canada.

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

SAY HI ON SOCIAL!

Tiktok: https://www.tiktok.com/@howtoadultsch...

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Video: https://youtu.be/8m_nogEX4fo

This episode outlines the top financial mistakes to avoid when you’re young. Learn the money pits that so many people fall into, learn how to avoid these money mistakes, and learn how to start properly managing money in your 20’s!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

SAY HI ON SOCIAL!

Tiktok: https://www.tiktok.com/@howtoadultsch...

Instagram: http://instagram.com/howtoadultschool

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Video: https://youtu.be/8m_nogEX4fo

Note: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

Are you looking for information about how to quit your job and how to become an entrepreneur? If you’ve wanted to quit and become self-employed, then there are a few questions you should ask yourself before you leave your job and become part of ‘the great resignation’ that’s happening right now. It can be scary to switch from employee to entrepreneur, but if you check these boxes outlined in this episode, then chances are you’re ready to take the next step!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

SAY HI ON SOCIAL!

Tiktok: https://www.tiktok.com/@howtoadultsch...

Instagram: http://instagram.com/howtoadultschool

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Video: https://youtu.be/8m_nogEX4fo

Note: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

If there’s anything that being an entrepreneur and self employed through the past year of pandemic life has taught me, it’s that I want to create multiple streams of diversified income and passive income, to have financial freedom and financial security. When the Covid-19 pandemic hit, it found me just a few years into running my first business, a successful wedding photography company. I loved my business, but watched almost all my work and income for the year disappear in the span of just a few weeks as people cancelled and postponed their weddings. I decided right away that I needed to generate passive income ideas, and create a diversified income plan to keep this from every happening again. After spending the last year building two new business ventures, and expanding on my first business, I’m going to share my passive income plan for 2021, and how it’s going from the very beginning. I’m at the very beginning of my passive income journey, and am excited to see how it grows!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

SAY HI ON SOCIAL!

Tiktok: https://www.tiktok.com/@howtoadultsch...

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WHAT TO DO WHEN YOUR MONTHLY BILLS GO UP - HOW TO NEGOTIATE BILLS

This episode will teach you bill negotiation tactics, so you know what to do when your bills go up. Use this bill negotiation script to lower your monthly bills, and save money by lowering your expenses overall. This is a skill you should practice annually or whenever you notice your bills go up. It will save you so much money over time!

NEXT STEPS:

Want to learn more about managing your finances like a real live adult? Join the free personal finance mini course, it’s perfect for beginners!

https://howtoadultschool.com/7-day-money-challenge

Ready to take your first step towards financial independence? Start an emergency fund using this high interest savings account:

https://howtoadultschool.com/finance-resources#finance-tools

Check out my favourite personal finance books for beginners:

https://howtoadultschool.com/finance-resources#finance-books

SAY HI ON SOCIAL!

Tiktok: https://www.tiktok.com/@howtoadultsch...

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Youtube: https://www.youtube.com/channel/UC5I8eXvox7t9fGcLcYYfckw?sub_confirmation=1

Video: https://youtu.be/8m_nogEX4fo

Note: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!