The Finance Diaries

How do you handle finances in relationships? Who pays what? How do you split the bills? Should you have a joint account? PRENUPS?? It isn't necessarily an easy topic to first approach, but I promise it's not as bad as you think! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a public episode. If you would like to discuss this...

In this episode, we see it all come together. Interviewing Melanie Chabot of (@extensionsMTL on Instagram) who turned her lifelong passion for hair into her full time job. Leaving the corporate world behind, Melanie has been consistently growing and expanding her business. In today's episode, she shares her tips and secrets to how she got to where she is today, and how you can grow your side...

Now that everything is in place for your new income idea(s), how do you grow it? As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thefinancediaries.substack.com

Okay now that you have the passion, the idea and the plan....I want you to make it happen! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thefinancediaries.substack.com

Now that you have your skills and potential skills list with each having a passive and active income, we do the fun part!  Planning! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thefinancediaries.substack.com

The first step we need to take in making more money is to find something that we will actually enjoy working on. That step is slightly easier said than done! How do you figure out what exactly to do that can make you more money? The first step is here! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a public episode. If you would like to...

The month of May is going to focus on generating additional income! Making more money is important because you can have unlimited income, while there is only so much of our expenses that we can realistically cut back on!  Tune in to hear more about how to find new ways to make more money! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a...

Have you thought about an income property? Like a duplex or a triplex or a multi-family?  Here we are talking about what exactly you will need to consider before you become the landlord of one of these: - The Qualities You Need - The Considerations for Purchase Price - The Costs and Expenses To Consider As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancedi...

How often have you compared yourself to others, or even compared yourself to what you could have been if you made different decisions? Every day we see people: on social media, on the news, in movies, around us, etc. that made different decisions at different times in their lives.  Does comparing ourselves to them, or what we could have been benefit us in any way? No, it doesn't. As always, y...

Unless you haven't been keeping up with events in the last six months, you've probably seen some real estate markets become actual insanity.  Properties are selling for insane prices. But does that mean you should buy the hype? A look into the dangers of overpaying for properties! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is...

Have you thought about buying a new build for any reason? Maybe you like the appeal of something new, maybe you're fed up of ending up in bidding wars, maybe you like the idea of potentially building value by going to a developping/gentrifying neighbourhood! Whatever the reason is, let's talk about different things to consider: the pros and the cons. Like any pros and cons list: everyone...

Today's episode features Mama K (aka Karen Kurtz), real estate extraordinaire.  We do a deep dive into the preperations you should take into considerations before buying your first property.  While this podcast focuses generally on Quebec and Canada, Mama K  can help put you in touch with a professional from your region that will help you prepare for your property purchase, sale or exchange. ...

I was gifted a dog as a very young adult. It taught me a lot about responsibility, caring for others and gave me a great hiking buddy. But before you go out and get a dog (or a pet) of your own, there are a lot of costs associated that we need to think about. Can you really truly afford a pet? Or are you not in a financial position to do so? A pet is definitely not as expensive as a child, but the...

Have you ever found that you might have an excessive shopping problem? Or maybe you just want to cut back your spending so that you can save more. Or maybe your life is changing in some way that requires your financial situation to change.  Whatever it is, the Stephanie Double method is perfect for you! As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancedi...

In life, we have the optimists and pessimists.   Surrounding yourself with constant negativity will end up holding you back because you will have so much fear within yourself that you will never do anything new or take any chances.  As always, you can find more here on Instagram @ thefinancediaries and on TikTok @ thefinancediaries This is a public episode. If you would like to discuss this with o...

This week, we are looking at mortgages and how to make your mortgage preapproval work best for you. Mortgages can help get you ahead or help contribute to keeping you in a less-desirable financial situation. There is a lottttt of wiggle room with your mortgage rather than just buying a single-family dwelling and spending the next 25+ years paying it off.  As always, you can find more here on Insta...

Debt has suchhhh a bad reputation. The word "debt" genuinely scares so people, and there can be such an unwillingness to take it on, or get rid of it as soon as possible. Debt has ways of being able to get you ahead, and to achieve things that you couldn't have done without it. You just need to know how to distinguish good debt from bad debt and how to use it to get you ahead! Thank...

A somewhat startling piece of information is that those closest to you actually determine the person that you are. How does this translate into how well you will be with personal finances, or how likely you are to accomplish your goals?  Tune in to find out more! Don't forget to subscribe/follow and leave a review and rating! Follow me for more content on Instagram and TikTok @TheFinanceDiari...

You might shy away at the word "budget". It's associated to limiting yourself, or even being boring. That's why The Finance Diaries is rewording it to Financial Framework, because frameworks can be adapted and modified for each individual. Introducing an easy rule of thumb to follow, and how to make it work for! Don't forget to subscribe/follow to stay up to date and leave...

Credit scores are the number one topic that someone should understand before they turn 18, because that is typically when you (should) start building your credit. Your credit score will go on to determine a lot of things for you: if you can rent that apartment, get that mortgage, lease or buy that car, get a credit card, the terms of a loan, sometimes your credit score is even needed to apply for...

Using some real life examples (athletes and lottery winners), we see the importance of having sound money management abilities. COVID19 has brought the point home: at any time, we can expect our circumstances to change and that they can disrupt our lives tremendously. Money management has defined everyone this year: whether it meant realising our emergency savings are insufficient, or being able t...

Welcome to The Finance Diaries, I'm so excited that you came by! Starting the very first podcast is an episode on UNlearning: We all learned some things about finances when we were growing up, whether it was on purpose or not. You might have heard it from a parent or a relative, maybe a teacher or a friend.  We need to start by unlearning these things before we can get into more important top...