The Simplicity Sessions

Your House Is Not An Asset


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In this episode, we jumped straight into a conversation that has been coming up constantly from your questions and DMs after our recent finance episodes together.

In this episode we're talking about:

  • Why your home is a liability, not an asset — and what that actually means for your retirement

  • The only real ways to access equity in your home (hint: none of them are as simple as people think)

  • The 4% rule and why it's not as bulletproof as it sounds — especially when the market drops

  • Why paying your mortgage weekly (not monthly) can save you thousands in interest over time

  • The real cost of owning a home that most people never factor in — property taxes, maintenance, improvements, and yes, even perennials

  • Why real estate investing isn't the passive income goldmine it once was

  • The difference between building wealth as an employee vs. as a self-employed person

  • Diversifying your portfolio beyond real estate — second mortgages, private equity, RRSPs, TFSAs

  • Why your health and your wealth are completely interconnected — you cannot have one without the other

  • The reality of senior care costs and why planning ahead (way ahead) matters more than you think

  • What it looks like to actually get paid to learn about finances and help others — and why so many people from every walk of life are making the switch

Let's dive in!

Thank you for joining us today. If you could rate, review & subscribe, it would mean the world to me! While you're at it, take a screenshot and tag me @jennpike to share on Instagram – I'll re-share that baby out to the community & once a month I'll be doing a draw from those re-shares and send the winner something special!

Click here to listen:

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This episode is sponsored by:

  • withinUs | Use the code JENNPIKE20 at withinus.ca for a limited time to save 20% off your first order and 20% off your first subscription order

  • St. Francis | Go to stfrancisherbfarm.com and save 15% off your all your orders with code JENNPIKE15

  • Eversio Wellness | Go to eversiowellness.com/discount/jennpike15 and save 15% off every order with code JENNPIKE15 /// not available for "subscribe & save" option

Free Resources:

  • Free Perimenopause Support Guide | jennpike.com/perimenopausesupport

  • Free Blood Work Guide | jennpike.com/bloodworkguide

  • The Simplicity Sessions Podcast | jennpike.com/podcast

  • Get 20% on thewalkingpad.com using code "JENNPIKE20"

  • Get discounts at happybumco.com using code "JENNPIKE"

    • *code doesn't apply with Black Friday sale*

Programs:

  • Ignite: Your 8-Week Body Transformation Program | https://jennpike.com/ignite

  • The Peri & Menopause Project - Join the Waitlist | jennpike.com/theperimenopauseproject

  • Synced Virtual Fitness Studio | jennpike.com/synced

  • Services: Work With Jenn | https://jennpike.com/work-with-jenn/

  • Functional Testing | jennpike.com/testing-packages

  • Business Mentorship | The Audacious Woman Mentorship: jennpike.com/theaudaciouswoman

Connect with Chris:

  • Instagram | @chrisborsellino

  • Finance Discovery Session | Book Here

Connect with Jenn:

  • Instagram | @jennpike

  • Facebook | @thesimplicityproject

  • YouTube | Simplicity TV

  • Website | The Simplicity Project Inc.

Have a question? Send it over to [email protected] and I'll do my best to share helpful insights, thoughts and advice.

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The Simplicity SessionsBy Jenn Pike

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