THE MMG - The Millennial Money Guide

Passive income is the Holy Grail of the business world—it’s income that takes little or no effort to bring in. This is the kind of income people make without doing much work or limited effort. It includes renting out real estate, selling digital products, investing in dividend paying stocks & so much more. This episode of The MMG podcast is sponsored by Quadency, Quadency is a one stop trading...

We're half way into 2022 and here are a few personal finance tips all YOUNG (or old) adults need to live by! Tune into this episode for some inspiration to get ahead financially. In this episode I discuss: - The average savings rate - Saving for retirement & the importance of starting to save now - Smart debt - Department store credit cards - Credit card debt - Budgeting nearing a recession &a...

Recessions occur when growth stops and the economy starts to shrink. They're inevitable, but unpredictable. And you can take steps to better prepare your finances. This episode gives you guidance on what you need to do now! -------- Purchase my virtual course on investing: https://www.themmg.ca/investingmasterclass Follow me on instagram for free money tips 24/7: ( www.instagram.com/iamginajudge )...

Soooo, you got a tax refund? Before you go blowing it on that Gucci purse you've been eying over the last few months, listen to this episode. Today, we discuss some SMART ways to spend your tax refund -- the future you will thank you. What are you waiting for? Hit 'play' -- Purchase my virtual course on investing: https://www.themmg.ca/investingmasterclass Follow me on instagram for free money tip...

Has anyone ever slid into your DM's claiming they can help you make 10k per month? Maybe they're trying to sell you this amazing reality of working anywhere from the world while making 6 figures. All you have to do is sell their company's product? How hard could it be? Well the likelihood of you earning 6 figures and living this lavish life is slim to none. Sorry to break it to you.. in this episo...

Are you on the fence about getting a fixed or variable rate mortgage? Tune into this episode to learn more, in this episode I cover: - What a fixed rate is - What a variable rate is - The pro's and con's of a variable or fixed rate - Penalties when breaking a fixed rate - Penalties when breaking a variable rate - Components that impact interest rates - Should you lock into a fixed rate? This podca...

Everyone wants to be financially successful. But do you ever wonder about what it takes, day in and day out, to build a money routine that works? It might be easier than you think! In this episode I deep dive into what it takes to create a great routine, habits can make our lives much easier and having a daily routine helps with that. The things that we do every day, seemingly on auto-pilot, are w...

We all know that children are expensive, in fact the average post secondary education costs $96,000. What if I told you that the government of Canada gives away free money that can be used towards your child's education? There are a number of benefits associated with opening a RESP, listen to this episode for a brief introduction. Today, I discuss: - The benefits of a RESP - How to open a RESP - H...

Refinancing your mortgage has a number of benefits. But what exactly does it mean to refinance? In this episode I break down: - How a mortgage impacts other areas of your finances - Refinancing your mortgage today & what that looks like - The main reason homeowner’s refinance their mortgage - What a mortgage broker looks at when refinancing your mortgage - Fees involved with refinancing a mort...

Today I chat with Nika Farb from Miss Findependent. Nika is on a mission to teach women financial literacy, helping them become confident investors, entrepreneurs or go further in their careers. Here's what we get into today: 3:13 - Common Misconceptions about Mortgages 5:55 - What is a Mortgage 9:50 - HELOCs 11:50 - Interest Rates 23:03 - Why Work with a Mortgage Broker 27:16 - Should You Buy Pro...

Taxes, a word that used to stress me the f**ck out. Once I learnt how to maximize my taxes, I no longer stressed around tax season. In this episode I break down: - How to effectively prepare for income tax season - Softwares you can use to file taxes - How to stay organized throughout the year - Different tax deductions and credit’s you can tax advantage (if you’re a student, a parent, a first tim...

Do you feel guilty spending money on yourself? Do you refrain from taking vacations because you feel like you can't afford it? In this episode, I provide strategies that'll help you make guilt free purchases. In 2022, I prioritized traveling, I made a goal to travel to a destination once per month. Using the strategies mentioned in this episode, I'll be able to execute this without breaking the ba...

50% of married couples will end up divorced, 41% of couples argue about money, and nearly 2/3 of newly weds start their relationship off in debt. We're on a mission to change that. You and that special person in your life need to go on routine money dates. You also need to be mindful of how you decide to split your finances with this person, there's no right or wrong answer but you need to find a...

In this episode, I discuss costly mistakes that I see first time home buyer's making. If you're looking to purchase a property you need to do everything in your power to avoid these mistakes. ~ If you enjoyed this episode, remember to subscribe and leave a review! Want to start a mortgage application? Email me at: gina.judge@cleartrust.ca Follow me on instagram for free money tips 24/7: (www.insta...

So you've been thinking about getting into real estate but you don't know if it's for you. You might have the following questions: How long will it take for me to get clients? How much could I potentially make? What's the difference between a realtor and mortgage broker? Which one should I pursue? How do I make BIG $$$? In this episode I break down the pro's & con's of getting into the real es...

So, you've heard it's a good idea to start investing in the stock market but you have no idea where to start! If that's the case then you better hit the play button and listen to this episode. The best decision you can make in 2022 is to start as opposed to putting it off, invest time and $ into educating yourself. When investing, consistency is key, it's better to invest $100 a month as opposed t...

Ladies & Gentlemen there's a ton of changes taking place in the digital world, you either get with it or you get left behind in the dust. 20 years ago people thought the internet was a FAD, I'm sure those same people are currently kicking themselves right now. The best decision you can make is to simply become educated on these subject matters. If all of this is going up and over your head, be...

Why should you hire financial coach? A money coach helps you understand the key foundational aspects of managing your money. Like a fitness coach, financial coaches will help you build a better relationship with your money, focus on an actionable path forward, and develop positive, life-long financial habits. This episode introduces you to my coaching program. This program is designed to help wome...

Any woman who wants to be financially successful must master setting healthy boundaries both in her personal and professional life. In this episode, I've made it my mission to help you create and maintain healthy boundaries with ease. That’s right, it doesn’t have to be hard—even when it comes to money. This episode is all about understanding your worth, articulating your worth, and vocalizing wha...

If all of your income is dependent on a single source and that source fails, you are immediately in trouble. If you only have one stream of income then this episode is for you! They say the average millionaire has seven streams of income, what are you doing to diversify your streams? In this episode I cover the following: - The importance of diversifying your income streams - Finding a side hustle...

This episode is dedicated to all the women stuck in toxic households. Violence is one of the leading causes of homelessness for women. A large number of women stay in marriages that are unhealthy and even border on dysfunctional due to financial insecurity and stress. With more women and children stuck at home during the pandemic, ER doctors saw a rise in child abuse & sexual abuse. You may no...

MINI SERIES ALERT - EPISODES THAT GET RIGHT TO THE POINT! Do you ever feel annoyed or embarrassed because your friends and family talk about investing in property and you know very little about it? Are you here right now because you're thinking "what's all this real estate mumbo jumbo about?" If you answered yes, I bet you didn't know that real estate is one of the fastest ways to build long term...

MINI SERIES ALERT - EPISODES THAT GET RIGHT TO THE POINT! What's the single most important decision you'll make when investing? If you're thinking "when I buy stocks," you might be wrong.. it isn't when you buy stocks but when you'll actually SELL them. The average millennial doesn't have an exit strategy planned, now let me ask you, do you? If you don't.. this decision could cost you thousands of...

MINI SERIES ALERT - EPISODES THAT GET RIGHT TO THE POINT! With so many different metrics to evaluate stocks, how do you select the one that makes the most sense for you? In this episode, I give you a starting point by breaking down the following: dividend yields, price to earnings ratio, price to earnings growth ratio, the dividend discount + discounted cash flow model, and current ratio. Follow m...

The odds of getting cancer are 1 in 2, nearly 50% of people will become disabled at some point in their life and that disability will last more than 2 years. Knowing this is the case, why haven't you got life, disability or critical illness insurance yet? You're willing to insure your car and your house but you haven't insured your biggest asset - YOU! In this episode, I'm going to breakdown the f...