Money Stuff With Moms

Plan grocery shopping once a week and order online to keep costs down. Use apps like Flipp to track sales and buy in bulk. Simplicity in meals: Be okay with simplicity in meals, like breakfast for dinner or snacks on a plate, to avoid fast food and expensive takeout.

• Flipp app: https://flipp.com/
• HelloFresh: https://www.hellofresh.ca/
• Hagens salad dressing: http://www.hagensdressing.com/
• Grocery Challenge (starts Sept 18th) Sign up: www.lindsayplumb.com/backtoschoolgrocerychallenge

Clients' grocery costs have increased significantly. Having a specific grocery budget and getting creative with what's already at home can help.

Links:

Flipp app: https://flipp.com/ Hagens salad dressing: http://www.hagensdressing.com/ Grocery Challenge (starts Sept 18th) Sign up: www.lindsayplumb.com/backtoschoolgrocerychallenge

The idea of retirement might be different but work optional is something many of us strive to.

Find your estimated CPP amount: https://www.canada.ca/en/services/benefits/publicpensions/cpp/retirement-income-calculator.html

The standard age to start receiving CPP benefits is 65, but you can wait begin your Canada pension plan as early as 60 or as late as 70. It's important to be aware that if you choose to take CPP as soon as you are eligible, you'll experience a reduction of 7.2% for each year prior to turning 65. There's no benefit to wait after age 70 to start receiving the pension.

Retirement saving can be as small is $25/week to give you some consistency and momentum. Everyone that has an RSP matching should participate.

Retirement calculator: https://www.calculator.net/retirement-calculator.html

Join the 5 day Back to School Grocery Challenge: https://www.lindsayplumb.com/backtoschoolgrocerychallenge

Get a KOHO Card, make a purchase over $5 + get $20 FREE: https://web.koho.ca/referral/MMF3Z33M

Should couples combine their finances or keep them separate? This episode sheds light on the various paths couples can take to achieve a balance between togetherness and financial independence.

Fair Play https://www.fairplaylife.com/the-book

We explore simple and easy tax considerations. Whether you haven't filed yet and it's on your To Do list - or are already planning for next tax season, join us to chat about how to optimize deductions, claim credits + make tax time stress-free.

Budgeting for kids is overwhelming. Mom guilt. Sports. Kids activities. Let's talk about it.

Setting up a solid financial foundation is the key to successful investments. Every decision you make has tax implications that must be considered and analyzed carefully. Real estate investing is great but it can also be a big challenge for those that already have financial issues.

🎙️Summary:

In this episode of 'Investments you should have' podcast, Megan and I go into the world of investment products, with a focus on mutual funds and GICs.. We explore the basics of mutual funds, their fees, and how they differ from exchange-traded funds. Additionally, we discuss the value of fees, the importance of finding the right fit with a financial advisor, and the changing landscape of the investment industry.

Chapters:

🎙️ 00:01 Introduction.

📈 02:10 How mutual funds work and their objectives.

💰 10:58 Know what you are paying for.

👩‍💼 14:43 The importance of working with a professional.

🔎 16:43 What's an ETF?

🔄 19:03 Comparing ETFs to mutual funds and explaining the concept of exchange-traded funds.

🏢 21:09 How ETFs are different from other investments.

🏦 27:56 What are GICs (guaranteed investment certificates) and how do they work?

📉 36:00 How stocks work and why they are volatile.

⌛ 41:21 Investing is a long-term game.

#InvestmentPodcast #MutualFunds #ETFs #GICs #Stocks #FinancialEducation #FeesNotTheEnemy #InvestmentInsights #FinancialWellbeing #ChooseWisely

🔗LINKS:

Black is the New Red: THE place to have Canadian money conversations! www.facebook.com/groups/blackisthenewred

SHOUTOUT: Have you thought about buying a rental property? If you're interested in finding out more, check out Meghan's site here: https://porterouge.co/

📞 HOW TO GET IN TOUCH:

Join the conversation with 8000+ other Canadians (and finance industry pros) in Black is the New Red: www.facebook.com/groups/blackisthenewred

DM Lindsay @ www.facebook.com/lindsayplumbmoneycoach

DM Meghan @ https://www.facebook.com/porterougeco

📞 Resources:

MOOLA Financial Coaches & Advisors

• www.yourmoola.ca

Michelle Hung: https://thesassyinvestor.ca

The episode you've all been waiting for... who is smarter? Lindsay or Meghan?

Money Coach vs. Financial Planner

Summary:

In this episode of the Money Stuff with Moms podcast, discuss how much money is enough money and the notion that Future YOU needs money too! We explore different perspectives based on our experiences and the clients we work with.

How much money is enough money is personal, and finding your own answer involves self-reflection, open conversations, and careful financial planning

Chapters:

• 0:00 Introduction

• 0:51 Retirement Planning - The Concept of Leveraging Income to subsidize the Future

• 8:45 The Importance of Budgeting for the Future.

• 14:32 The Significance of Refusing to Settle for Less to Achieving Greater Prosperity in the Future.

• 18:35 The importance of having a structure and framework in their financial planning

• 20:51 What's your MORE for the Future?

#Income #money #budget #family #baseline, #budgeting #goal #FutureYouneedsmoneytoo

Resource Links:

Budget for MORE - • https://www.lindsayplumb.com/budgetformore

SocialMedia LINKS:

Black is the New Red: THE place to have Canadian money conversations! www.facebook.com/groups/blackisthenewred

SHOUTOUT:

Have you thought about buying a rental property? If you're interested in find out more, check out Meghan's site here: https://porterouge.co/

HOW TO GET IN TOUCH: Join in the conversation with 10000+ other Canadians (and finance industry pros) in Black is the New Red: www.facebook.com/groups/blackisthenewred

DM Lindsay @ www.facebook.com/lindsayplumbmoneycoach

DM Meghan @ https://www.facebook.com/porterougeco