Mo' Money Podcast | Personal Finance With Jessica Moorhouse

Ever wondered what it's like to work on Wall Street? Then you'll love this episode! I chat with former investment banker Alex Grodnik who worked in the finance industry for almost 10 years, but eventually left to pursue an MBA then become an entrepreneur to live life on his terms. Beyond sharing what life is like as an investment banker, Alex also shares some great tips on how to invest your money and how to be your authentic self.   Long description: I’ve always been curious what it’s like to be an investment banker. I mean, is it really like Wolf of Wall Street, The Big Short or the classic Wall Street? Or is that all dramatized and it’s really just another office job? After talking with Alex Grodnik, host of the Wall Street Oasis podcast, I feel like it might be a mix. Alex worked in investment banking for just under a decade, and left to pursue an MBA and start his own business, a fintech startup in LA called Payclub. But before he transitioned into entrepreneurship, he was an analyst at JPMorgan, then mo

Want to learn how to become debt-free and financially independent? It doesn’t have to be one or the other, you can dig yourself out of debt and retire early. Just take it from Deacon Hayes from Well Kept Wallet who was able to pay of $52,000 in debt in only 18 months, then become financially independent and retire early with his family. If he can do it, why not you? Long description: Deacon Hayes, the blogger and podcaster behind Well Kept Wallet, was knee deep in debt to the tune of $52,000 in 2010. But instead of digging himself further and further into the whole, he decided to take responsibility and dig himself out. He started by looking to the experts, other bloggers and authors that offered personal finance advice, and was able to implement their strategies to become debt-free in only 18 months! Now, he’s all about educating others to do the same. But he doesn’t just focus on helping others become debt-free, he also wants to share how they can become financially independent and retire early too. That’s

For this episode of the podcast, I talk with veteran personal finance blogger Jim Wang about how he was able to sell his first blog (Bargaineering) for 6-figures after having it for just 5 years, and what some of his best wallet hacks are that he shares on his current blog, the aptly named Wallet Hacks. Long description: For this episode of the podcast, I talk with veteran personal finance blogger Jim Wang about how he was able to sell his first blog (Bargaineering) for 6-figures after having it for just 5 years, then we dive into some of his top wallet hacks that he now shares on his current website, Wallet Hacks. First, let’s go back to the part where he shares that he was able to sell his first blog for a million dollars. There aren’t too many bloggers out there that I know have who have been able to do this (aside from JD Roth of Get Rich Slowly), so this is pretty impressive. What’s even more impressive is how frickin’ humble Jim is! You would never know that he’s financially independent and pretty much

I chat with HGTV star & host of Buyers Bootcamp Scott McGillivray about how to become a real estate investor in Canada, and how to go against the grain, take risks and go after what you truly want in life. Long description: It’s not every day you get to talk someone you’ve binge-watched on TV before. And man have I binged (okay, now it sounds like I’m a stalker). It’s just that I’m such a huge HGTV fan and have 100% watched every single episode of Scott McGillivray’s Income Property. As I mentioned at the end of the episode, I loved that show so much I even bookmarked a webpage application to be on the show. But I never applied. Partially because I was way too much of a scaredy cat, and partially because I didn’t own a house to transform into an income property (that’s probably the main reason actually). Although that dream may have gone by the wayside, the dream of one day talking to the one and only host of Income Property, and now Buyers Bootcamp, Scott McGillivray certainly came true! And who better t

Do know how to get money (as in earn), and do you truly get money (as in understand)? I talk with Kristin Wong, financial journalist and new author of the book Get Money about all things getting money! We talk about why people have such a hard time taking action on bettering their financial situation, setting financial goals, money and relationships, and being in the driver's seat of your investments.   Long description: 2018 is the year of the woman personal finance author, and I’m all about it! Just to recap, for season 6 of the Mo’ Money Podcast, I’ve interviewed the following fabulous female authors who’ve published books this year: Shannon Lee Simmons (author of Worry-Free Money), Elizabeth Willard Thames (author of Meet the Frugalwoods), and Cait Flanders (author of The Year of Less). And for my latest episode, I’m interviewing first-time author Kristin Wong of Get Money. You may already be familiar with her YouTube channel or maybe you’ve see some of your articles in the New York Times, LifeHacker, or

At the end of the day, money shouldn't be something you worry about, or feel guilty about, or don't even want to think about. We all deal with money. We all earn it. We all spend it. But it shouldn't be something we're ashamed of or hate talking about. Which is why I loved reading Shannon Lee Simmons' new book Worry-Free Money, which takes a unique and refreshingly positive approach to how to manage your money and feel good about it. Long description: I know I say this for almost every episode, but this seriously is one of my favourite interviews. And it could be because when I met Shannon Lee Simmons, author of Worry-Free Money and founder of The New School of Finance, for the first time, I immediately clicked with her. There aren’t too many financial planners out there who make money fun and cool, but she does and I’m so glad she was able to share her wisdom and personality on the podcast! We talk about a lot of different topics in this episode, but there are two main points that we touch on. First, that bu

Is it even possible to build a successful freelance business without taking on debt and without sacrificing all balance in your life? Yes there is, and Matt Inglot shares how. Long description: Before I went full-time self-employed, I had this crazy idea in my head that freelancing meant you’d always be worried about money coming in, would be living from gig to gig and would have no balance in your life. Well, a year later and I was definitely proven wrong, but this episode isn’t about my story, it’s about Matt Inglot from Freelance Transformation. Not only does he host his own podcast all about freelancing, he runs a successful freelance business himself building websites for high-level clients. But as you might imagine, it wasn’t always smooth sailing for Matt. For him to achieve the success he has now, he made a number of mistakes along the way. Luckily, he’s open to sharing all of them on the show and has a lot of other nuggets of wisdom to share, such as don’t quit your day job before your side hustle is

Your path may not be to quit city living and move to the woods, but that's not what Liz's (a.k.a. Mrs. Frugalwoods) story is about. In her new book, Meet the Frugalwoods, she shares how defining your life can help lead you to your best life, whether that’s living simply in the country, living it up in the city, or being nomadic and travelling the world. Not matter what path you end up on, the most important things to always remember is being true to yourself and making sure you’re living a life with more intention. Long description: Joining me again on the podcast, and now no longer an anonymous blogger at Frugalwoods, Elizabeth Willard Thames is the newly published other of Meet the Frugalwoods. Not a “how-to” book on living that frugal life or reaching financial independence, but her personal story of how she was trying to check-off life’s checklist only to realize, that checklist wasn’t making her happy and didn’t align with her values anyway. I’m pretty sure most of us can identify with this. How many of

You take so much care and consideration at your day job, why aren't you doing the same with your financial life? I chat with early retiree & big-time blogger about why everyone should be the CFO of their life. Long description: In the personal finance blogging community. J.D. Roth is considered a very big deal. He started his blog, Get Rich Slowly, early on, became one of the go-to resources for personal finance information, and he was able to sell it for I believe 7-figures, helping reach his goal of early retirement. And during his early retirement, he started a second blog focused more on being the CFO of your life called Money Boss, which also took off and was always nominated for Plutus Awards at FinCon every year. Well, at a certain point, J.D. realized he wanted his original blog back. Since he was in the financial situation to afford it, in the fall of 2017 he bought it back and now he’s back at it (and I’m loving it!). So, that’s a little bit of what we talked about this episode, but we als

Do you know the difference between open-loop and closed-loop prepaid cards? Learn that & more in my interview with CPPO chair David Eason. Long description: Back in October 2017, I did a really crazy thing. I participated in the Money 20/20 Payments Race and it truly was an adventure I’ll never forget. The best part was being able to meet so many amazing people, and one of those people was a woman named Heidi who works for an agency that represents the Canadian Prepaid Providers Organization (CPPO). She was nice enough to offer me a free night’s stay in her home when I was in Denver, and to say thank you, I said I would gladly interview an expert from CPPO to talk about prepaid cards. I mean honestly, I think I won all around because I haven’t done an episode about prepaid cards and I actually really wanted to learn more about them from none other than David Eason, the chair of CPPO. Here are some of the things we talked about in the episode, and don’t forget to watch my entire Money 20/20 Payments Race v

Don’t think you can afford to live a life you’ve designed yourself? Think again! Pete McPherson from Do You Even Blog shares how he risked it all to live a life with more meaning. Long description: As I mentioned at the beginning of this episode, I ended up randomly meeting Pete McPherson from Do You Even Blog at a party at FinCon this past October. I liked him right away. He was so friendly, funny and full of energy. So when he non-pitched me to be a guest on my show, I couldn’t resist! And what’s even better, I was a guest on his show, the Do You Even Blog Podcast (listen to my episode here). In this episode, we talk about how Pete made the risky move of leaving his cushy corporate job to do something crazy and start his own online business. Now, you may be thinking, why did he do this? Especially when he has a family? Well, it really came down to him wanting to start living a life that had more purpose and that he designed himself. Up until he made that change in his life, he felt like he was making choice

For this Listener Series episode, I'm joined once again by past guest Lindsay VanSomeren, also a blogger at Notorious D.E.B.T. Last time we talked she was about to finally get rid of her home from hell. But catching up, that's not exactly what happened (though there is a happy ending!). Long description: For my first "Where Are they Now?" Listener Series episode, I check back with Lindsay VanSomeren who was one of my first Listener Series guests. Lindsay, who also blogs at Notorious D.E.B.T., was featured on episode 57, and shared how her and her husband bought their first home in Alaska together but had nothing but trouble with it. You see, it was built on a foundation of permafrost and they had to shell out $30,000 in repairs (that they couldn't afford). Literally pretty much the same storyline as the movie The Money Pit. We ended off that episode with some good news though, because she had just received two offers buy the house. One of those offers would help them say goodbye to the home from hell, and sto

How can a year of less change your life? Just listen to my episode with The Year of Less author Cait Flanders to learn how a shopping ban, getting rid of most of her belongings & being more mindful with her money helped her regain focus and control of her present and future. Long description: She was my first ever guest (excluding my husband) on the podcast when I launched it almost 3 years ago, and now my friend and blogger pal Cait Flanders is back to chat about what has happened since Episode 3 of the podcast. Well, a lot! For starters, she’s a full on author now, having just published her first book The Year of Less. And she’s not just a first-time author, her book is a hit. As she mentions in the episode, it’s still hard to find a copy at most book stores because they ran out of copies, so if you do still want to buy a copy, check Amazon first. When we sat down for Episode 3 of the show, Cait was just about to finish her one-year shopping ban. I still remember her sharing that she wasn’t sure what to

It's not easy to become a professional beauty blogger, but it's not impossible. And it doesn't mean you have to spend all of your money on beauty products to do it. Just take it from Jessica Desjardins, the founder of popular beauty website Beautezine. Long description:  I’ve always been fascinated by beauty bloggers and vloggers, and not just because I have no clue how they transform their faces into beautiful masterpieces (and I can barely do my own mascara without smudging), but because the beauty space is so competitive! Believe me, every time I meet a new hair stylist or makeup artist, they usually share that they have their own blog or YouTube channel. I sometimes find it competitive in the personal finance community, I couldn’t imagine trying to build an online business in the beauty industry. But, there are people out there like Jessica Desjardins, founder of Beautezine, who are proof that it is in fact possible to make a good living and have a broad reach as a full-time beauty blogger and content cre

Ever dreamed of becoming a digital nomad, able to work from anywhere and travel on your off time? That’s what my listener Grace was able to do, and she explains how in this Listener Series episode. Long description: One of my big aspirations in life is to become completely location independent and to travel abroad more. So when my next guest, podcast listener Grace (who also runs the blog Gracefully Expat) emailed me about being on the show, I knew I needed to talk to her to find out how she was able to leave Canada, set up shop in Ireland and run her own business. What’s funny is Grace is also from Vancouver (like me), but she didn’t move to Ireland directly. She first went to the US for university, then when she got a job opportunity that would take her to Ireland, she lept at the chance to live somewhere new. After a few years working the corporate life, Grace starting making plans to leave and start her own online business as a tax consultant for expats like herself. Now, she’s living it up, able to explo

Have you heard of the FIRE movement before? In this episode I chat with Bob Lai from Tawcan about what it means to be financially independent and how make an investment strategy to get there. Long description: For anyone who wanted a deep look into the FIRE movement, and to get the low down on how to become financially independent, this is an episode you are gonna love! I chat with Bob Lai, the blogger behind Tawcan, about his plans to reach financial independence while being a single-income family with his wife and two kids. He even shares what his personal investment strategy looks like: a mixture of dividend paying stocks (a.k.a. blue-chip stocks), index ETFs, and a small percentage of growth stocks. Now, if you’re just getting started with your investment journey, before getting into DIY investing like Bob, a good place to start is by investing in index mutual funds, like the portfolios that Tangerine offers. It’s actually what I started investing with, as they track the index and charge way lower MERs th

Looking for some inspiration to get your spending under control? There's no better time than the present to try something new, like a no spend challenge. That's why I'm chatting with two of my podcast listeners for this episode, so they can share their experience and tips on how to save money and conquer their bad spending habits by doing a no spend challenge. Long description: For my first Listener Series episode for Season 6, I've got not one, but two podcast listeners on the show to share their experience and tips for doing a no spend challenge. Michaela and Dan are a couple, engaged and saving up for their wedding, and they got the idea to try out a no spend challenge by seeing someone do something similar on Instagram. Feeling like they never truly knew where they money was going, they embarked on this no spend challenge that would mean they could only spend money on their essentials, and try to live as frugally as possible. Their hope was that it would help them reign in their spending and focus their s

Yes, you can bounce back from bankruptcy. More than that, you can take it as an opportunity to get your financial life together, never get in debt again, launch a successful business and be on your way to financial independence. Don't believe me? Well, just take it from my guest Perez Hilton, the go-to celebrity blogger who has created an empire for himself as an actor, author, blogger, podcaster, reality star & more. Long description: I can’t even believe this is really life right now, because somehow I was able to get the one-and-only Perez Hilton to chat with me on the podcast! Many of you may already know this about me, but I am a total celebrity news junkie. I know it’s silly, but I think I just like the fantasy of it all. Plus, that life is just so far removed from my own, it’s kind of like watching an episode Teen Mom. It’s fascinating and entertaining, but I’m really glad that it’s not my own reality. With that said, I’ve been a long-time reader of PerezHilton.com, going back probably when he star

For my first episode of SSN 6 of the Mo' Money Podcast, I interview well-known Canadian radio personality Buzz Bishop about DadCamp & how he teaches his kids about being responsible with money. Long description: It’s the start of a new season for the Mo’ Money Podcast (Season 6 to be specific), and I have got quite the line-up of guests for you, let me tell ya! And similar to last year, this season definitely has a theme. Well, two themes really: financial independence and women authors. For this first episode of Season 6, we’re gonna start with the financial independence theme, since I interview well-known radio personality and influencer Buzz Bishop. As I mentioned in the episode, I’ve been listening to Buzz since I was a tween, so it’s pretty surreal that I’m now interviewing him on my show! But a lot has changed in his life since those days at Z95.3 in Vancouver. On top of doing radio across the country, he also has two boys and founded DadCamp, a community and website that’s focused on getting dads t

For my 4th Millennial Money Meetup (and my last one for 2017), I hosted the event once again in downtown Toronto selling out tickets in only a few weeks to 50 attendees. This event was sponsored by Manulife Bank (thank you for making this event possible during Financial Literacy Month) and featured the special guest Lisa Zamparo, a CPA and financial strategist. The theme for this event was debt and responsible credit card use, just in time for the holidays. This is the live recording of Lisa and I's discussion on the subject as well as audience Q&A. For full episode show notes visit: https://jessicamoorhouse.com/137 Learn more about your ad choices. Visit megaphone.fm/adchoices Hosted on Acast. See acast.com/privacy for more information.