Mo' Money Podcast | Personal Finance With Jessica Moorhouse

Luisa Zhou shares how she went from Princeton grad, to climbing the corporate ladder, to quitting her 9 to 5 once and for all to start her own business as one of the most sought after business coaches. Long description: I absolutely loved chatting with Luisa Zhou, probably one of the hardest working millennials around. She is all about the hustle which I think is awesome. She has gotten to where she is today in her career because she knows that the only way to success is to work hard. That and some other pieces of wisdom she shares in this episode. The reason I wanted to talk with her for this episode is because she has some great advice for starting a side hustle, and then turning that into your main hustle while still working full-time. I always cringe when I hear someone’s quit their job to pursue their dream, but clearly didn’t have a solid business plan or enough in savings to sustain them throughout the ups and downs of entrepreneurship. That’s a big reason why I kept my side hustle as just that for 5

I was joined by Cait Flanders, author of The Year of Less, for my latest Millennial Money Meetup in Vancouver and she shared about her 2-year shopping ban. Long description: At the event, Cait dropped some major truth bombs that I want to recap right here. It’s funny, even though I know Cait really well and we talk all the time, when she was sharing her story, some of what she said really made me think twice about how I think about spending, saving and earning. You Shouldn’t Feel Guilty About Spending Money For instance, a big part of her personal finance journey is getting out of debt. In her early 20s she spent more than she earned and racked up a bunch of consumer debt. So, she hustled to get that debt number to zero and has maintained her debt-free status ever since. This is no easy feat, but what she discovered was that after becoming debt-free, her spending started to ramp up again. This wasn’t because she was a shopaholic, it’s because she just wasn’t being mindful with her spending. Let’s be honest, t

Ever daydreamed of being able to RV around the country and working solely from your laptop? That dream is Michelle from Making Sense of Cents' reality, and she shares how she went from being 4-figures in debt to earning 6-figures every month Long description: I’m so excited to be kicking off Season 5 of the Mo’ Money Podcast with this stellar interview with Michelle Schroeder-Gardner from Making Sense of Cents. It’s not every day you get to talk to someone you’ve been following for years who went from ordinary personal finance blogger to online entrepreneur raking in over $100,000 per month (yes, I’m not lying, just check out her income reports for proof!).  Now, I want to preface that even though Michelle is able to earn six figures per month, if you’re not, that’s ok! This episode isn’t to say that you should be earning as much as Michelle and if you’re not you’re failing at life. This episode should serve as motivation and inspiration to earn more than you do right now. Michelle didn’t start out making thi

I rarely do this, but I just had to put out this special episode to share some really important announcements I don't want you to miss! First off, the next season of the podcast (Season 5 if you’re counting) will officially kick off on Wednesday, Sept. 27 with a fresh new episode! This season has a great line-up of guests and a lot of the interviews focus on making money and earning more to help your finances, so you definitely want to tune in! Another thing that’ll be happening on Sept. 27 is my book club! I started a book club in the summer and I want you to join in for the next one. It'll be going down in my Facebook group (Money Life Balance Community) on Sept. 27 at 7pm ET and we're reading Millionaire Teacher by Andrew Hallam. He'll also join us live for the book club, so you won't want to miss that! To learn more, visit https://jessicamoorhouse.com/bookclub Something that’s happening even before all that is a very special event I’ll be doing in my hometown! For all of my Vancouver friends, I'm going to

To wrap up Season 4 of the Mo' Money Podcast, I recorded a special solo episode to share what I've been up to and my plans for the future. Long description: I can't believe we've already arrived at the end of Season 4 of the Mo' Money Podcast. With 114 episodes and 2 years of podcasting under my belt, I can honestly say that starting this podcast has hands-down been one of the best decisions I ever made. To wrap up with season, I thought it was time for another solo episode. So, I took some time last week to lay on my couch therapy-stay and record pretty much anything that came into my head. I share what it's been like since I quit my full-time job to work for myself. How it's been being a homeowner for almost a year now (spoiler: it's been awesome and expensive). And lastly, I share what I've got coming up for the second half of the year and some ideas I've been considering for Season 5 of the podcast and just my community building efforts at large. Ideas I've Got for the Future For instance, would you be in

Managing your money with your partner doesn't have to be awkward or even difficult, and Talaat & Tai McNeely from His and Her Money share how to do it successfully. Long description: For my second to last episode of season 4 of the Mo' Money Podcast, I chat with Talaat and Tai McNeely, America's favourite money couple from His and Her Money. We talk about how they got together and figured out their own financial differences, then what led them to start helping others and sharing their wisdom with the masses through their podcast and YouTube channel. If you're in a couple, and you have a ton of questions about how to manage your money successfully with your partner, this Talaat and Tai have the answers. They've been together for over a decade and have been through or seen it all. And their advice is on point! At the end of the end, it really just comes down to open communication and respect. Just like working through other issues in a relationship, you need to listen to your partner, understand where they

Do you know what your money operating system is? Hilary Hendershott discusses this, as well as how to empower yourself through your money & navigating divorce in this episode. Long description:  This is by far one of my favourite podcast episodes of the season, and it all has to do with how insightful and wise Hilary Hendershott is. Not only does she hold an MBA and CFP (so she knows her stuff!), she has a great story. At the beginning, she was terrible with her money. Even when she was working as a financial advisor, helping others with their money, she wasn't taking care of hers. When her credit cards got maxed out and she realized she somehow couldn't afford her mortgage payments, that's when she decided to make a drastic change. She made the decision to take control of her money, start understanding her money operating system (a.k.a. money mindset), and managing her money in a way that worked best with her and her psyche. Now, she's miles away from where she used to be, and is driven to help other wom

Want to learn how to reach financial independence, so you can sit by the beach and do whatever you want? Well, it's not exactly easy but it is absolutely possible. I chat with Pauline Paquin, blogger at Reach Financial Independence, to discuss how she was able to leave the 9 to 5 world, work remotely in Guatemala, and live a life most of us could only dream of. Long description: Ever dreamed quitting your 9 to 5 and working remotely from your laptop in paradise? Sounds like a dream, but it can actually become your reality...if you follow in Pauline Paquin's footsteps. Pauline has figured out the secret sauce to living a financially independent life, like so many of us fantasize about on a day-to-day basis. But it wasn't just luck, and no she didn't win the lottery. She started out by graduating university debt-free and investing her savings into a rental property. The income from the rental helped pay for her to travel abroad, but she knew she needed do something extra to not always live on a shoestring budge

At a certain point in your personal finance journey, you'll realize that there's nothing left to cut out of your budget and you're living as frugally as you can. At that point, it's either time to look for a higher paying job or joining a number of others by getting yourself a side hustle. In this episode I chat with Nick Loper, founder of Side Hustle Nation, about how to get a side hustle and how he was able to turn his love for side hustles into his full-time gig. Long description: It seems like everyone has a side hustle these days, or is thinking about starting one. Which is why I thought the perfect guest to have on the Mo' Money Podcast would be Nick Loper from Side Hustle Nation. I met him after I spoke at FinCon's Ignite last year, and I was in total awe of his podcast and the insanely loyal audience he grew. But the best thing is, he's seriously the nicest, humblest guy! Now, I've kind of always had a side hustle. It started with being a teleprompter operator for the news, PAing on film sets, then ev

Millennials have a different way of thinking and handling money compared to Generation X and the Baby Boomers, and Broke Millennial author Erin Lowry shares the dos and don'ts of money management for Generation Y in this interview about her book, her blog and her journey to becoming one of the top millennial money experts around. Long description: Is there really that big of a difference between managing your money as a millennial compared to being a Gen Xer or Baby Boomer? As a millennial who has read numerous personal finance blogs and books, have attended my fair share of finance conferences, and have been writing and interviewing others on personal finance for over 5 years now, my answer is yes, yes and a BIG yes! Luckily, I'm not the only one who thinks this way and Erin Lowry, the blogger behind BrokeMillennial.com, wrote a book (also named Broke Millennial) that focuses on money for millennials specifically. Although when it really comes down to it, the principles of personal finance don't really chang

I chat with TeensGotCents creator Eva Baker about why she's so passionate about educating teens about personal finance, what inspired her to found The Teenpreneur Conference, and what she wants teens to know the most about managing their money the smart way. Long description: Unlike many teens her age, Eva Baker started to get interested in personal finance at the young age of 16. She started listening to Dave Ramsey's teachings, and got hooked. But what she soon realized is there was a ton of information out there on how to fix your financial woes, but not a ton on how to avoid them when you're a teen and just starting your own personal finance journey. That's when she got the idea to create TeensGotCents, a financial literacy blog for teens that explores money and issues relating to adolescents specifically. I sure wish her blog was around when I was in high school! I'm sure I would have figured out how to make my part-time job income go further. As she mentions in the interview, she also started her blog a

Think starting your own business and becoming a recognized personal brand while working full-time sounds impossible? Then you haven't heard Codie Sanchez's story yet. Long description: Time and time again, I get people asking me how the heck I managed to work full-time for 5 years while growing my side hustle. Looking back after now being self-employed for over 4 months, I don't really know. All I can say is I hustled like crazy because deep down I knew I was working towards something big and special. The same can be said for Codie Sanchez who not only head's the Latin American & Offshore Sales division of First Trust, but is an entrepreneur on the side. She founded the company ThreadsRefined back in 2015, and now is focused on growing her personal brand as an influencer, podcaster (she hosts The Struggle Isn't Real show), keynote speaker and investor. And she's still in her 20s! The big takeaway I got from interviewing Codie was that there really are no limits besides the ones we place on ourselves. Just

Want to become a millionaire, but don't think you'll ever earn a crazy salary? Millionaire Teacher author Andrew Hallam shares why it's not how much you earn, it's how much save and invest that's truly important. Long description: I don't normally, or ever, get excited about investing books. Since I started the podcast, you wouldn't believe how many authors, agents and publishers infiltrate my inbox with their latest investing book they like me to check out. Hey, it's nice to get free books to check out, but I've got limited time and I can really only sit down and spend time with the books I know my blog readers and podcast listeners will love to. Millionaire Teacher by Andrew Hallam is one of those books. To find out more about the book and what you can expect to learn when reading it, check out my book review. I think the single most fascinating thing about Andrew's book is that his strategy for investing and becoming a millionaire isn't anything we haven't heard before. He preaches living within your means

I chat with popular personal finance personality Kerry Taylor from Squawkfox about how she got into the personal finance sphere and why she's a big advocate of the second-hand economy. Long description:   Kerry Taylor's blog Squawkfox was one of the first personal finance blogs I stumbled upon when I was starting my personal finance journey in my early 20s. And now, so many years later I got the chance to chat with her on the podcast all about her own journey from computer science student, to living in rural British Columbia, to moving back to her hometown of Toronto, to now being a constant voice in The Globe & Mail and CBC. One of the big reasons I really wanted to have Kerry on the show was because she has an awesome sense of style, but she doesn't break the bank to stay fashionable. She's a huge advocate of the second-hand economy, and it all started with trying to save money when buying clothes for her daughter. When she discovered that there were a number of consignment shops and Facebook groups ded

Mindfulness and money may have more in common than you think. Just listen to Leisa Peterson, founder of the Wealth Clinic, explain how both have changed her life. Long description: You may not think that mindfulness and money have anything to do with each other, but that just means you haven't yet listened to this episode with Leisa Peterson, Found of the Wealth Clinic and podcast host of the Art of Abundance. Leisa has an incredible story about having an ultra successful career in the financial industry, but also making the tough decision to leave it all to start her own coaching business to take control of her life again. It's a big misconception that with a rising career and increasing salary, happiness is sure to follow. But that's not usually the case if you're not doing what you feel called to do in life. And sometimes taking a risk and doing something out of the ordinary can seem scary and even foolish. But, it can also be your saving grace. It's funny, when I was recording this episode with Leisa back

I talk money, balance, travel, entrepreneurship and more with millennial financial life coach Garrett Philbin (one of the happiest, most positive people I know!). Long description: If you're looking for an upper of an episode, something to get you pumped to tackle your life and finances, my guest Garrett Philbin, financial life coach of at Be Awesome, No Broke, is just what the doctor ordered. He doesn't just have the perfect radio voice, he literally exudes positivity. It makes sense why he ditched his career in the music business to focused all of his energy and talent in to helping others with their money and life issues. And similar to what I'm doing right now, he's on his way to becoming an Accredited Financial Counsellor. I may have convinced him after recording this episode back in the fall to look into the American version, and now he's on his way to finishing the program. We talked about a lot of awesome things in this episode, including Garrett's jump into entrepreneurship, his soul-searching road t

A special bonus podcast episode for you! I recently did a Facebook Live session with Lisa Gittens, senior tax expert from H&R Block, and I got a ton of requests to make the audio into a podcast episode. So here it is! Lisa answered tax questions live for 30 minutes, and we got some great questions too. Enjoy! Learn more about your ad choices. Visit megaphone.fm/adchoices Hosted on Acast. See acast.com/privacy for more information.

It is possible to live debt-free and prosper financially while self-employed, and podcast listener Christina from Toronto shares how she was able to do it. Long description: Not many people can say they got their first job at the young age of 5 years old, but my Listener Series guest Christina from Toronto isn't like many people. She had a firm grasp on how to earn money from a very young age, which helped her when she started learning about personal finance in university. As she embarked on her career as a freelancer in the film and TV industry, she started realizing that there was more to being financially savvy than just knowing how to earn an income. Now, having been self-employed for 10 years, she shares the tips and tools that have helped keep her out of debt and on a path to financial freedom for anyone else living on a variable income with dreams of financial stability. Helpful Tip Pay yourself first. You may have heard this tip a thousand times, but that's because it works! It's Christina's top money

Are you ready for tax time? If not, that's okay because I've got the podcast episode that's perfect for you! For episode 101, I chat with senior tax expert Lisa Gittens from H&R Block about how to prepare your return, how H&R Block professionals are trained, why their online software is free, and what are some of the top tax tips people need to know before filing their taxes this year.   One thing I highly recommend before getting started on your taxes is to download my free tax preparation checklist. It's a checklist that outlines all the documents you may need to hand-off to your tax preparer or that you'll need when filling out all your info online. Sign Up for a CRA Account One of the best things you can do to make doing your taxes a breeze is by creating an online CRA account. You can change your marital status, name and direct deposit info in just a few seconds online when you've got an account, plus it's also a great way to easily see what your RRSP room is and it also houses all of your past t

To mark my 100th episode, I talk with fellow podcaster Elle Martinez about money, relationships and how to tackle money as a couple. Long description: Can you believe we're already at 100 episodes? I'm kind of in awe honestly. What a journey it has been, and what a great interview I've got to share to mark this milestone. For this episode, I chat with a fellow female podcaster and blogger, Elle Martinez from Couple Money. Make sure to check out her awesome Couple Money Podcast too, she's an amazing podcast host! We talk about her story of figuring out how to manage their money together before getting married, and how this eventually inspired her to start her own blog and podcast to help other couples tackle their money. We've all heard the stats, money is one of the biggest reasons couples break up. But if you have open communication, are working towards the same goals and both feel involved with the family finances, that's how you can set yourself up for success. Elle offers some sage advice and great exampl