Elevate Your Pay Check

In today's episode we walk through 4 Tips to help prepare you for a recession.  It's really not a fun subject as we have been faced with high inflation, and rising interest rates. So how do we prepare?  Here are 4 tips ways to ensure your finances are in the best possible position. 1. Get rid of all credit card debt 2. Create a solid savings plan 3. Increase your income 4. Monitor your i...

For the final episode of 2022, I am sharing the exact step by step process we took to save for our first home. It wasn't an easy journey. It was filled with determination, discipline, and some out of the box thinking to get us there, but we got there, and so can you! But of course we are going to give you a jump start  to your savings journey.  The Financial Moment is launching a 21 day Savin...

What better way to avoid pitfalls and mistakes is listen to the experiences of others.  In this episode we have a great conversation with Darnell Brown, an educator and growth strategist for creative entrepreneurs.  He has an interesting story about his home ownership process, and shares some valuable takeaways.  Then of course we had to pick his brain about: How to focus on your goals and avoid d...

Wow... we are at the end of 2022! Where did the time go? In this episode, we take a look back and dive into what we did wrong and what went well. It's important to reflect on the past in order to move forward.  Come with us on our journey,  and see a sneak peak of what is in store in 2023.  Let’s Stay Connected! 🌐 Website: thefinancialmoment.com 📸 Instagram: @ t hefinancialmoment 💼 Money C...

 You don't want to miss this episode! What a conversation... Imagine everything you dreamt about becoming a reality!  In today's episode we talk with Ryan Crain author of "Gravel Roads". Listen to his personal experience of traveling the world in 365 days!!! A mission that large comes with ALOT of planning and resources, so there are some GREAT takeaways that we can use and imp...

At this time of year, it's hard not to get caught up in the holiday shopping. But if we are to stop and reflect. Do we need to spend to give? In this episode, we discuss how spending make us feel. We consider how  to incorporate a little more giving this season, so we can make room for our bigger larger goals. As a bonus I am gifting you a tool that is going to keep on track with your budget!...

In today's short episode. We are reviewing an opinion article from the Globe and Mail (a Toronto News Outlet). The function of a  HELOC (Home Equity Line of Credit) has changed over the years, and now with rising interest rates, we may need to re-think how they are used.  Let’s Stay Connected! 🌐 Website: thefinancialmoment.com 📸 Instagram: @ t hefinancialmoment 💼 Money Coaching: Need deepe...

This week episode was broadcast Live on Instagram . We discussed: * How to allocate positive cash flow * The importance of an emergency fund * How to handle rising interest rates * What is better.. using Credit or Debit cards * What is the best way to pay down debt? * How to determine what the best budget is for you So much jammed pack into this episode. Remember to submit any questions you have,...

To celebrate Financial Literacy Month, we invited Vianna Danaylchuk to share her money story, and her passion of helping parents teach their kids to budget.  Vianna is a Chartered Professional Accountant in Canada and founder of The Kids Can Budget - Parents Academy. Vianna provides tips and inspiration to help parents start teaching their kids about money management from a very young age.   Tune...

Debt ... The subject that no one wants to talk about, but has the largest impact on our financial position, and mental well-being . Debt is a very debatable subject, but at the end of the day in order to obtain our financial goals, we have to be free of consumer debt.  But, how do we accomplish that? This episode we go through several strategies to tackle debt, and improve your financial health. R...

In today's episode we dig into the BNPL (Buy Now Pay Later) trend.  It sounds good? Doesn't it?  Who wouldn't want to purchase and item for a fraction of the price, and worry about the rest later.  This trend is not new, but this variation has a new twist.  Listen to this episode as we uncover if this is detrimental to our budget and our financial goals.  Let’s Stay Connected! 🌐 We...

This episode is a Q&A session of two of our most frequently asked questions! You are not going to want to miss this one! 1. How much do I need to save to buy a property? 2. Should I rent or purchase a home? I started out exactly where you are, with BIG dreams and little information. So, if your curious but a little unsure of where to start this episode is going to be the perfect resource for y...

Paycheck to Paycheck , it can seem like a never-ending vicious cycle. The key to escape is planning. In this episode we discuss: ·         Recognize whether dollars remain after budgeted items are taken care of ·         Identifying nonessential spending ·         The importance of tracking expenses There is even an easy exercise to teach you how to create your own personal cash flow statement. A...

I am excited to share with you a conversation that I was a part of last week.  Amanda Fludd the host of the Mindset & Motivation Community hosted a Back on Track Bootcamp, and asked me to be a part of it  We addressed how to identify if we are off track with our finances , and what we can do to prevent it.  It was a great conversation, and I wanted all of you to have the opportunity to listen...

Every wonder why the average household has $5,000-$10,000 of consumers debt, when there are a million financial apps, tools, and software out there? It is hard to stay motivated! You know all the right things to do, but it is so difficult to stay on track. This is where a coach can boost your progress to the next level. This episode provides 12 ways that a coach can get you to the end goal. We can...

Perception vs Reality. Oftentimes we think we are doing a good job managing our finances, but we aren’t getting any closer to our goals. It’s great to have a system in place, but if you don’t have a way to monitor its hard to gauge the progress. In this episode we discuss how important tracking is. We have also developed a tool that is going to make the process super easy.  It’s called “Track It”....

What is the difference between a resolution, aspiration, and a goal?  Sometimes it's hard to tell the difference. This episode will teach you how to create goals that are obtainable. This strategy will set up a plan to make your first home purchase, instead of hoping and crossing your fingers. We are going to use this acronym to make it happen. Let’s create a goal that is SMART! S- Specific,...

How exactly do you prepare for the unexpected? In this episode you will learn how to save for a rainy day. The number one reason people fall off their savings goals is because they haven’t created a safety net to deal with unforeseen expenses. Preparation is the key to success.  Let’s Stay Connected! 🌐 Website: thefinancialmoment.com 📸 Instagram: @ t hefinancialmoment 💼 Money Coaching: Need dee...

For most people Budget = Boring Life. I completely understand where they are coming from. Budgets have been marketed as restrictive tools that take the fun out of life. This episode will prove that this just isn’t true. We are going to walk through four different types of budgets. Then you can decide which works for you and fits your lifestyle and goals. I would like to call a budget your strategi...

Let's explore our habits surrounding money. Everyone has a different personality when it comes to money, and our personality dictates our relationship with money. In this episode find out your personality. Could you be a: ·         Spender ·         Saver ·         Money Maker ·         Worrier Not one of these personalities are right or wrong, and we may be a combination of any of them. Howe...

"If you don't know where you come from, you truly don't know where you're going"  ~ Maya Angelo This episode works through an exercise on how to identify your current spending habits. If completed, you will know exactly what your current priorities are, and if they align with your goal to purchase a home. It’s vital to recognize these trends, so you can prioritize your mon...

Welcome to the "Saving for Your First Home" Podcast.  For the most of us, there comes a point in time where we think to ourselves, it would be really nice to own property, but it sometimes can feel like a pipe dream. This podcast will give you all the information and tools you need to take the steps forward toward home ownership. If you don't know where to start your in the right pl...