6 - Ways We Saved Money this week, understanding RRSPs & TFSAs and how to decide between them
In this episode of TGIF Two Girls Investing Friday, hosts Jess and Colleen discuss practical ways they saved money this week, such as working out at home and preparing cost-effective meals. They delve into the differences between two key Canadian investment accounts: the RRSP (Registered Retirement Savings Plan) and the TFSA (Tax-Free Savings Account). The episode covers how each account works, tax implications, and strategies for deciding which to invest in based on your income. They also touch on taking loans from your RRSP for education and home buying, and offer tips to maximize tax returns.Sign up for our monthly newsletter and see other resources HereConnect with us on:Tik TokInstagram00:00 Introduction to TGIF: Two Girls Investing Friday00:34 Weekly Money-Saving Tips08:02 Investing in RRSP vs TFSA08:13 Understanding RRSP and TFSA09:03 Tax Implications and Strategies10:38 Practical Tips for Managing RRSP and TFSA22:27 Final Thoughts and Next Steps
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5 - Answering a listener's question, breaking down TFSAs and diversification, and how to save on bank fees
Welcome to TGIF (Two Girls Investing Friday), where Jess and Colleen break down financial concepts in a fun and accessible way. This episode dives into the ins and outs of TFSAs, teaching you how to use this tool to build wealth. They answer a listener question about using Wealthsimple for investments, discuss minimizing bank fees, and highlight the importance of diversification in investing. They also touch on the significance of talking about money with friends and overcoming traditional mindsets. Join them for real strategies to grow your wealth without the financial jargon.Sign up for our monthly newsletter and see other resources HereConnect with us on:Tik TokInstagram
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4. Finance wins, how we each saved $100 this week, and what are stocks, ETFs and mutual funds
Jess and Colleen, the hosts of Two Girls Investing Friday, share updates on their financial experiences. Jess discusses the challenges of attending a work conference and celebrates a significant investment milestone, while colleen talks about managing her store and personal finances. The episode covers practical tips on saving money, such as utilizing credit card insurance for car rentals and preparing simple lunches at work. They delve into the basics of investing, explaining key concepts like stocks, ETFs and mutual funds. The show aims to demystify financial topics and encourage listeners to take control of their financial future.Sign up for our monthly newsletter and see other resources HereConnect with us on:Tik TokInstagram
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Episode 3 - Home ownership vs. renting, navigating wins, setbacks and debt payoff strategies
Navigating Wins, Setbacks, and Debt Payoff Strategies. Join Jess and Colleen in episode three as they celebrate the successful launch of their podcast, share personal updates, and dive into the world of debt payoff strategies. They discuss the pros and cons of renting vs. home ownership, detailing Jess’s purchase of a second rental income property and Colleen’s experience with significant home renovations. They introduce and explain debt payoff methods like the avalanche and snowball strategies, and touch on the importance of budgeting and avoiding overspending. Additionally, they tease upcoming discussions on investment terminologies. This episode feels like grabbing coffee with your best friends while tackling real-world financial topics.Sign up for our monthly newsletter and see other resources HereConnect with us on:Tik TokInstagram
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Episode 2 - ADHD and how it affects spending, weird ways we save money, and the steps to take before investing
In this episode of the 'Two Girls Investing' podcast, Jess and Colleen discuss their unique financial journeys and share practical tips on managing money challenges. They delve into the impact of ADHD on finances, the importance of paying off high-interest debt, and the necessity of building an emergency fund. They also talk about the weird ways they save money. Join them for an insightful discussion aimed at making personal finance approachable and engaging for everyone.Sign up for our monthly NewsletterConnect with us on:Tik TokInstagram
Are you a Canadian woman who wants to get your finances in order but gets intimidated by all the jargon? You're not alone. Welcome to the Two Girls Investing Podcast, your new weekly dose of money empowerment, minus the boring lectures. Every Friday, join friends Colleen and Jess as they chat about their own financial journeys- the highs, the lows and everything in between. One is a busy mom paying off home debt while learning to invest, while the other is a seasoned investor with a decade of experience. Through their honest and hilarious conversations, they'll teach you topics like: Budgeting and saving without feeling deprived, conquering debt and finally getting ahead, demystifying investing for beginners and navigating life's biggest financial decisions. They're not financial advisors - they're here to prove that talking about money can be fun and easy. With two different perspectives, they share what they know, ask the questions you're afraid to ask, and normalize talking about money. Consider them your money besties - here to help you take control of your financial future.
Canada - english