Jess and Colleen share that their podcast is about sharing their different financial journeys to normalize Canadian women talking about money, reduce isolation through community, and highlight how finances affect stress, mental health, and relationships, noting finances as a leading cause of divorce in Canada and that AI can’t replace real community support. They invite listeners to comment, share wins and stories, download free and paid resources, and suggest ideas for what the community should look like. The episode then returns to beginner investing mistakes: investing without a clear plan, goal, or time horizon; taking too much risk for short-term goals (where a high-interest savings account may be better); insufficient diversification across geographies and sectors; panic selling during market downturns; and ignoring fees, especially high mutual fund fees compared with lower-fee ETFs, including asking advisors to show long-term fee impacts. Next week’s topic is money myths and mindset.00:00 Why We Podcast00:22 Money Community Matters01:01 Stress Mental Health Link01:38 Beyond AI Support02:18 You Are Not Alone02:48 Join The Community03:26 Beginner Investing Mistakes03:45 Plan Goals Time Horizon05:22 Diversification Basics07:08 Learn Before You Invest08:20 Avoid Panic Selling10:25 How Often To Check12:30 Fees Can Destroy Returns14:30 Next Week Money Myths14:51 Wrap Up And Share

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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