Money Feels is the new alternative to the personal finance community. We're here to drop the shame, guilt, and judgement so you can learn how to heal your relationship with money alongside your internet besties, hosts, and unfiltered experts — Bridget and Alyssa
44: Self Directed Investing vs. Roboadvisors
When it comes to investing, being in the market is key. But once you're in, how do you decide who gets to manage your money? Are roboadvisors enough? Let's discuss this and more in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:Why you need to investThe cost between self-directed vs having someone else invest for youStock market crashes and recoveriesBonds vs equitiesThe reality of the roboadvisor portfolioPersonalization of investingRisk tolerance and understanding why risk is relevant to ageThe benefits of self-directed investingResources:Bridget's Six-Figure Stock Portf
02/11/2023 • 45 minutes 7 seconds
43: Let's Talk About the Housing Crisis
Is the housing market really in crisis? How do we fix this, and what can Canadians looking to buy — or looking to rent affordably — do? Let's discuss this and more in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:Introducing the author of The Tenant Class, Ricardo TranjanWhy he wrote the bookThe argument for why there is NO housing crisis in CanadaThe role of supply in the housing marketProblem-solving theories perpetuating the status quoThe term 'affordability'Landlord profits and who landlords really areRent control — the realities of who benefitsTenant advocacy and
26/10/2023 • 55 minutes 7 seconds
42: Do You Need Life Insurance?
Whole, term, permanent, universal! There are so many different types of life insurance — and different names. But how do you know which ones you need? Let's discuss this and more in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:What life insurance is actually meant to provide and how it can helpWhat are the differences between term and whole life insurance/permanent life insurance?Risks and pitfalls that can come with committing to certain policies Aggressive tactics used by insurance sales agents that you need to watch out forWhen does it make sense to have multiple insurance policies?Is there a way to “know” when you need insurance?Examples of how your insura
19/10/2023 • 41 minutes 41 seconds
41: The Case for 'Good Enough' Finances
Optimizing everything with your money can be a good thing — but it can also lead to feelings of a need to achieve perfection and cause immense amounts of stress. Money is meant to be enjoyed. So, let's discuss this and more in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:What does optimizing your finances look like?Why you'll never be able to optimize everything without failThe problem with the 'right' way to manage your money Do Bridget and Alyssa optimize their finances?Why you should take a feelings-first approach to your moneyShould you switch banks to get a higher interest rate?The illusion of progress versus automating your finances<l
12/10/2023 • 42 minutes 32 seconds
40: Do You Need a Financial Planner?
Your finances change a lot, as do the major milestones you continue to hit. So, when do you reach out to a professional for guidance? Let's discuss this and more in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:What do financial planners actually do?What type of financial planners exist, and how do you find one?Fee structures and transparencyThe benefits of having a financial plannerWhat education and credentials should you look for?Financial planning for specific life stagesWhen you should meet with your plannerSaving for retirement and spending in retirementAnswering listener-submitted questionsResources and sources:<
05/10/2023 • 1 hour 10 minutes 55 seconds
39: Reviewing Listeners Budgets
Everyone always wants to know if they're doing okay financially — and we want to provide you with that reassurance. Let's talk about your situation in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:Reviewing anonymous financial submissions from our Patreon subscribersThanks for listening to today's episode! If you want to keep listening, you can join our Patreon! You can subscribe for more bonus episodes just like this one, and extra content from your hosts. Thank you for listening to today's episode! Join us next week for a new one. Until then, follow us on Instagram @mixedupmoney, <a href=
28/09/2023 • 38 minutes 42 seconds
38: Climate Change and Your Finances
Each year, about 13 million people die because of things like pollution and extreme weather caused by climate change. So, on that depressing note, let's talk about how to prepare your finances for the unknowns in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:What's going on with the climate crisis?The changing landscape of our retirementWhy you need good insuranceUsing Alberta's weather as an exampleWhy choosing where you live mattersHow does climate change impact your financial future?Emergency funds for climate changeCan we do anything to help?What are some green ways to invest? If any!Resources and sources:<a
21/09/2023 • 47 minutes 44 seconds
37: The High Cost of Fast Fashion
These days, fast fashion brands produce 52 “micro-seasons” a year — or one new “collection” a week. Ultimately, this leads to overconsumption and extreme volumes of waste. Let's talk about it in this week's episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:What is fast fashion, and how does it work?How are these clothes so cheap?Slave labour and fast fashion as a human rights issueDiscussing SHEINOverconsumption and the environmental impactAre luxury brands any better?The psychology behind our buying decisionsPersonal responsibility versus systemic changeResources and tips to make better choicesResources and sources:<a href='https://www.
14/09/2023 • 53 minutes 57 seconds
36: The Value of Giving Back
Today, we're discussing the power of giving money to those in need, donating to charity, and how to work this value into your budget. So, on that note, it's time to enjoy another episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:Helper's high and why giving is so valuableMonetary donations versus donating your time and talentsDoes your upbringing impact your relationship with giving?How much should you give? What amount *can* you give?Deciding what giving has the biggest impactHow much do Canadians donate?Donating in percentages instead of dollar amountsThe reasons that people giveWhy is charitable giving an important part of healthy finances?Taxable vs.
07/09/2023 • 49 minutes 57 seconds
35: Mini-Sabbaticals, Stress Leave and Burnout
Today, we're chatting with Danica Nelson about her experience with paid and unpaid leaves, planning for mini sabbaticals and burning out. You're listening to Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:What is a mini sabbatical?How do you know if this type of leave is for you?How do you know when you're burnt out?How do you ask your employer for a leave?How can you prepare financially for a mini-sabbatical? What happens after the time away from work? Is this going to become more common?Advice for people interested in taking a mini-sabbatical Follow Danica on InstagramThanks for listening to tod
31/08/2023 • 44 minutes 46 seconds
34: CPP and Your Retirement
Today we're discussing the Canada Pension Plan (CPP) and demystifying some common misconceptions about the funds. So, on that note, time to enjoy another episode of Money Feels! We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:An overview of what CPP is and why it existsHow does it work? Who gets it?How are benefits calculated?Is CPP going to run out? Why is this a thing people say?The political landscape and CPPIs CPP worth it if you’re self-employed?What if you have a pension?When in retirement, should you start taking out your CPP?Thanks for listening to today's episode! If you want to keep listening, we've now launched our
24/08/2023 • 41 minutes 31 seconds
33: Women are Healing the Economy
We're back for season 4! And today, we're talking about the summer that women are thriving. We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.In today's episode, we discuss the following:Taylor Swift saving the US economyThe Eras tour revenueBillionaires and their ethicsThe Barbie movie revenueThe Women's World Cup viewershipBeyonce's tour Women are everythingThanks for listening to today's episode! If you want to keep listening, we've now launched our Patreon! You can subscribe for bonus episodes and extra content from your hosts. Thank you for listening to today's episode! Join us next week for a new one. Until then, follow us on Instagram <a href='http://
