Explore every episode of the podcast Two Girls Investing Podcast
| Title | Pub. Date | Duration | |
|---|---|---|---|
| How to Invest: Avoiding Beginner Mistakes & Earning Cash Back with Wealthsimple | 11 sept. 2026 | 00:19:14 | |
In this episode, we (Jess and Colleen) break down the most costly mistakes beginner investors make and how to build a clean, straightforward portfolio today without the noise. Before getting into portfolio pitfalls, we share a quick laugh over local community Facebook drama and break down why switching to the Wealthsimple 2% cash back card beats complicated big-bank points systems. Then, we get honest about where first-time investors lose real money: high MER bank mutual funds, falling for internet hype, accidental ETF duplication, and gambling on penny stocks. Learn why simplifying your holdings into diversified, low-cost ETFs and mastering the emotional side of money is the fastest path to long-term wealth. 00:00 – Intro: What we’d do differently if starting today 00:48 – Unhinged local Facebook community boards & comment wars 05:11 – Credit card switch: Wealthsimple 2% cash back vs. Scotia bank travel points 08:32 – Mistake #1: Bank mutual funds and the hidden drag of 2%+ MER fees 09:44 – Mistake #2: Chasing internet noise, hype, and unresearched tips 11:38 – Mistake #3: Accidental portfolio duplication and ETF overlap 14:15 – Mistake #4: Penny stock gambling and the trap of survivorship bias 17:44 – The hardest part of investing: Managing emotions vs. logic 18:28 – Key takeaways & teaser: How much do you actually need in an emergency fund? | |||
| We're BACK - What Would We Do if We Started Investing From $0 Today?? + Frivolous Things We Spent Our Money On This Summer 💰 | 04 sept. 2026 | 00:17:45 | |
After an unplanned couple-month summer break due to busy schedules, the hosts return, share plans to improve their recording setup, release weekly episodes, seek sponsors, and eventually create courses and educational content for Canadian women. They discuss recent “frivolous” spending they don’t regret. They then outline what they would do if they were starting investing from scratch at 25 in Canada earning $65–70K with $5K saved, $15K student debt, and no investments. Each host shares what they would do and they highlight what they would do the same and what the differences are. They tease a next episode on investing mistakes. Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| Gamifying your Debt, One-Income Security & Private Equity for Beginners | 03 juil. 2026 | 00:24:08 | |
In this TGIF (Two Girls Investing Friday) episode, Jess & Colleen catch up on Jess’s music studio recording process. They then explain private equity by contrasting private vs. public companies, using examples like Dragon’s Den and startup investors, and describe how everyday investors can access private equity indirectly by buying publicly traded private equity firms or ETFs that hold them, noting higher potential returns but higher risk and suggesting it as a small, advanced allocation. They answer a question about investing as a single mom by emphasizing a strong foundation including an emergency fund and paying off high-interest debt, and discuss budgeting and portfolio planning using percentages, plus using credit score tracking as a way to gamify debt payoff and motivation. 00:00 Welcome to TGIF 00:34 Studio Recording Recap 00:54 Click Track Check 03:28 Karaoke 04:58 Private Equity Basics 08:10 How You Can Invest 10:56 Returns and Risk Talk 14:47 Portfolio Percent Allocations 16:54 Single Income Listener Question 19:10 Budgeting in Percentages 21:36 Credit Score Motivation Game 23:33 Wrap Up and Next Week | |||
| Hidden Rental Costs, Business Expenses & is the FHSA Right for You? | 26 juin 2026 | 00:17:50 | |
Jess & Colleen discuss unexpected “hidden costs” in investing, homeownership, and business operations. Jess shares surprises from a newly purchased up/down duplex rental property, including an unfinished backyard, choosing gravel over grass to reduce tenant maintenance, and contractor quotes for wood privacy fence and gravel. Colleen shares hidden business costs, moving from manual Excel payroll calculations to scheduling/time-tracking and payroll platforms costing about $70–$80 per month to save time and reduce errors. The episode explains Canada’s First Home Savings Account (FHSA): contributions reduce taxable income like an RRSP, withdrawals are tax-free for a first-time primary home purchase without repayment, the annual limit is $8,000, and the lifetime limit is $40,000; they note investing choices should reflect a homebuying timeline and plan to discuss private equity next episode. 00:00 Welcome to TGIF 00:34 Weekly Catch Up 00:51 Rental Hidden Costs 01:55 Fence Quote Shock 05:43 Business Payroll Costs 07:56 FHSA Basics Explained 10:33 Investing Timeline Tips 12:18 FHSA Limits and CRA 14:43 Primary Home Rules 16:17 Landlords and Balance 17:17 Next Week Preview 17:34 Wrap Up and Follow | |||
| You've Maxed out Your TFSA, RRSP and FHSA...Now What?! | 19 juin 2026 | 00:16:06 | |
Jess and Colleen discuss balancing summer adventures with finances, praising Jess’s discipline after a big Africa trip and her plan to do mostly local activities in Yukon, with only a short, costly trip to Haines, Alaska, while saving vacation money for winter travel. They compare this delayed-gratification approach with the other host’s summer expenses for children, including costly camps ($400–$600 per child per week) and $1,500 in activity fees, noting the childcare challenges for working parents. They share listener comments about the podcast’s global reach and Canadian focus, then answer a question from Kelsey about what to do after maxing TFSA, RRSP, and FHSA: pay down high-interest debt, invest in a non-registered personal account (taxed on sale via capital gains), optionally adjust payroll taxes via TD1, consider real estate or REITs, RESPs for kids, and potentially private equity with higher minimums. They plan a future FHSA episode. 00:00 Welcome to TGIF 00:34 Summer Spending Choices 03:12 Kids and Camp Costs 06:33 Listener Love and Reach 08:12 Maxed Accounts Next Steps 09:14 Non Registered Investing Taxes 11:24 FHSA Explained Briefly 12:07 Real Estate and RESP Options 13:45 Private Equity Teaser 14:57 Wrap Up and Next Episode | |||
| Canadian Investing Made Simple: TFSA, RRSP, ETFs, REITs & Tickers Explained | 12 juin 2026 | 00:17:46 | |
Jess and Colleen, hosts of TGIF, Two Girls Investing Friday share a personal update about Jess recording original music in a studio for the first time, then continue their investing discussion from the prior episode by outlining what you can hold inside registered accounts like a TFSA, RRSP, and FHSA (and also non-registered accounts): stocks, bonds, ETFs (including all-in-one stock/bond ETFs), high-interest savings accounts, GICs, and REITs that can pay monthly distributions. Colleen explains ETFs using a fruit analogy to highlight diversification and reduced risk versus individual stocks. They also clarify how tickers work, including suffixes like “.U” for USD-traded versions, and how to search for Canadian options by looking for TSX listings in Wealthsimple to avoid currency exchange fees, while emphasizing research, readiness steps, and robo-advisor alternatives 00:00 Welcome to TGIF 00:30 Studio Recording Plans 01:42 CDs to Spotify 03:32 Wealthsimple Investing Options 04:29 Stocks vs ETFs Explained 05:42 Why Diversification Wins 07:27 REITs and Dividends 08:10 Ticker Symbols Demystified 09:47 Finding Canadian ETFs 12:23 TSX vs NYSE on Wealthsimple 15:26 Robo Advisors and Readiness 16:20 Wrap Up and Next Episode | |||
| Setting Up Automated Investing in Wealthsimple (Plus Debt Payoff & Travel Compensation Wins) | 05 juin 2026 | 00:13:22 | |
In this episode of TGIF: Two Girls Investing Friday, Jess and Colleen catch up and share some massive weekly wins! One paid off a huge chunk of personal debt in about three months by focusing on lowering credit utilization and tackling higher-interest balances, while the other successfully claimed airfare compensation after an overnight delay (pro-tip: delays over three hours may qualify!). They then walk through setting up automated, recurring investments in a Wealthsimple RRSP to help reduce taxable income, explaining ETFs and key index concepts along the way. Using examples like VFV (Vanguard S&P 500 ETF), VDY (high dividend Canadian ETF), and adding XAW (global equities), they demonstrate exactly how to select “buy on a schedule,” choose your frequency and start date, and ensure your purchases occur inside an RRSP or TFSA rather than a non-registered account. Finally, they preview a future episode on investment options and portfolio considerations so you can keep building your confidence! Note: In the episode, we refer to a global ETF excluding North America as "VI"—the correct ticker symbol is VIU! Connect with us on: TikTok: @twogirlsinvesting Instagram: @twogirlsinvesting 00:00 Welcome to TGIF 00:34 Sunny Catch Up 01:04 Debt Payoff Win 02:01 ADHD Debt Strategy 03:35 Investing for Taxes 04:08 Flight Delay Payout 05:55 Automation Setup Intro 06:47 VFV and Index Basics 08:23 VDY Dividends Explained 09:01 Recurring Buys Walkthrough 10:17 Add Global ETF XAW 12:13 Next Episode Teaser | |||
| Your Ultimate Guide to Wealthsimple and How to Choose a TFSA or RRSP | 22 mai 2026 | 00:18:55 | |
Jess hosts TGIF solo while Colleen is away and answers a listener question from Pam about using Wealthsimple and whether to invest through a TFSA or RRSP. She explains Wealthsimple as a Canadian fintech offering chequing and investing accounts, and reviews three investing approaches: traditional financial advisors, robo-advisors, and self-directed investing, emphasizing how higher fees can significantly reduce long-term returns. Jess breaks down how TFSAs work and how RRSPs differ. She shares a common guideline of using $50,000 income to help decide, notes many people use a hybrid approach, clarifies RRSP withdrawal options including the Lifelong Learning Plan and First-Time Home Buyers Plan, and reminds listeners they can hold multiple TFSA/RRSP accounts without overcontributing. 00:00 Welcome to TGIF 00:34 Jess Solo Update 00:54 Listener Question Setup 01:17 What Is Wealthsimple 02:34 Ways to Invest 03:48 Why Fees Matter 06:36 TFSA Explained 09:29 RRSP Explained 12:14 TFSA vs RRSP Rules 14:19 RRSP Withdrawal Options 16:41 Multiple Accounts Limits 17:49 Wrap Up and Thanks | |||
| Money Myths: Why Budgeting Alone Won’t Build Wealth and When Debt Can Be Good | 15 mai 2026 | 00:16:15 | |
Jess and Colleen catch up on busy family schedules and rising costs, then discuss tax surprises when owning businesses, prompting plans to calculate and set aside amounts monthly and contribute more to RRSPs while balancing liquidity. They continue their “money myths” series, emphasizing that budgeting and saving are essential foundations but not enough for wealth and time freedom; investing to outpace inflation and increasing income through job changes, negotiating (especially for women), or side hustles are key accelerators. They also challenge the idea that all debt is bad, distinguishing high-interest consumer debt from productive debt like mortgages or business loans, and describe how wealthy people may borrow against assets to avoid selling and triggering taxes. Next episode addresses TFSA vs RRSP and Wealthsimple. 00:00 TGIF Podcast Intro 00:34 May Schedule Chaos 01:07 Kids Sports Costs 02:33 Tax Season Surprises 04:22 RRSP Planning Balance 06:24 Money Myth Budgeting 08:30 Boost Income Strategies 11:26 Money Myth Debt 13:38 Rich Use Leverage 15:19 Wrap Up Listener Qs | |||
| Money Myths: You Don’t Need to Be Rich to Invest & Income Doesn’t Equal Wealth | 08 mai 2026 | 00:09:18 | |
In this TGIF (Two Girls Investing Friday) episode, Jess and Colleen introduce a discussion on common money myths and share a preview of two major ones. First, they debunk the idea that you need to be rich to start investing, noting that fractional shares and dollar-cost averaging make it possible to begin with very small amounts, especially when investing is automated from each paycheck; they also mention the importance of a foundation like paying off high-interest debt, building an emergency fund, and understanding timelines, while warning that holding large cash balances can lose value to inflation and miss potential gains. Second, they challenge the belief that a higher income automatically makes someone wealthy, emphasizing lifestyle creep, debt-financed “looking rich,” and the need for money management skills at any income level. They tease more myths for the next episode and invite listeners to share their own. 00:00 Welcome to TGIF 00:34 Yukon Spring Catch Up 00:48 Money Myths Intro 01:09 Myth One Start Investing 02:05 Fractional Shares Explained 03:18 Automation and Inflation 05:09 Myth Two High Income 06:07 Lifestyle Creep Examples 06:55 Debt Versus Wealth 08:45 Wrap Up and Next Week | |||
| Why Community Matters and How Investment Fees Can Cost You | 01 mai 2026 | 00:15:57 | |
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 Podcast 00:22 Money Community Matters 01:01 Stress Mental Health Link 01:38 Beyond AI Support 02:18 You Are Not Alone 02:48 Join The Community 03:26 Beginner Investing Mistakes 03:45 Plan Goals Time Horizon 05:22 Diversification Basics 07:08 Learn Before You Invest 08:20 Avoid Panic Selling 10:25 How Often To Check 12:30 Fees Can Destroy Returns 14:30 Next Week Money Myths 14:51 Wrap Up And Share | |||
| Travel Credit Card Points and Beginner Investing Mistakes | 24 avr. 2026 | 00:17:44 | |
Jess returns from a short hiatus with updates on her upcoming house purchase, complex tax preparations, and plans to record her music. The conversation shifts to credit card points strategies. Jess explains why she prefers a card with no foreign transaction fees and maximizes value by redeeming points for travel instead of statement credits. Jess and Colleen note the importance of paying off the balance every month. Finally, they tackle common beginner investing mistakes like emotional trading and chasing fast returns through individual stocks. They recommend replacing those mistakes with proven long-term habits: relying on diversified ETFs, dollar-cost averaging, automating investments, and prioritizing time in the market. 00:00 Jess Returns Update 00:42 Taxes And House Prep 01:26 Studio Plans Postponed 02:09 Songwriting Journey 03:08 Credit Card Points 05:20 Redeeming Points Smartly 07:25 Beginner Investing Mistakes 07:49 Stocks And ETFs 15:13 Time In Market DCA 16:50 Wrap Up And Next Episode | |||
| Credit Card Points 101: Welcome Offers, Annual Fees, and Booking Bora Bora With Points | 17 avr. 2026 | 00:14:11 | |
In this TGIF Two Girls Investing Friday episode, Colleen continues a conversation with guest Jaya while Jess is away, focusing on credit card points strategies. Jaya explains she never carries a credit card balance and emphasizes that welcome offers work best when you pay in full, since interest can erase rewards value. They discuss minimum-spend requirements, typical bonus ranges, and using planned expenses (not extra spending) to earn points, including having spouses apply separately to double welcome bonuses. Jaya shares how she booked a Bora Bora overwater bungalow for five nights for about $738, plus flights using points, and outlines using transferable points and timing transfers only when ready to book. She covers managing annual fees via a travel budget, leveraging first-year-free offers, and calling banks for product-change offers to earn additional bonuses while maintaining credit history. 00:00 Podcast Intro 00:34 Episode Setup With Jaya 01:03 No Balances Rule 02:11 Welcome Offers Strategy 03:28 Bora Bora Points Win 05:23 Earning Fast Without Overspending 07:03 Planning Future Trips 08:18 Europe Booking Tactics 10:00 Cancel Downgrade Credit Impact 11:00 Annual Fees And Product Changes 12:53 Beginner Tips And Takeaways 13:43 Guest Plug And Wrap Up | |||
| How to Travel for Less: Hacks, Point Transfers, and Everyday Multipliers | 10 avr. 2026 | 00:15:17 | |
Colleen hosts TGIF Fridays without Jess and interviews Jaya, a Yukon-based traveler and mom of four, about using points and miles to reduce travel costs. Jaya emphasizes first understanding the value and redemption options of existing points (e.g., statement credits vs bank travel portals), then choosing cards with category multipliers, and eventually using transferable points via programs like RBC Avion and American Express. She discusses transferring points to airline partners, timing transfers only when ready to book, and using welcome offers by meeting minimum spend without carrying balances. Jaya shares booking a Bora Bora overwater bungalow for $738 for five nights (vs $2,000/night) using 271,000 Marriott points, plus flights using points (including 85,000 points per person). She covers annual-fee strategy, first-year-free offers, product changes, and keeping the oldest card open for credit history. 00:00 Welcome and Guest Intro 01:29 Why Travel Points Matter 03:44 Maximizing Your Current Points 07:19 Transferable Points and Flight Strategy 09:50 Everyday Spend Multipliers 11:48 Ethical Amex Use and Transfers 14:18 Part One Wrap and Teaser 15:11 Part Two Welcome Back 15:56 No Balances and Welcome Offers 18:58 Bora Bora on Points Breakdown 23:02 Planning Future Trips and Europe 27:12 Managing Multiple Cards and Credit Score Tips 29:37 Annual Fees and Product Changes 33:12 Beginner Advice and Closing | |||
| Embarrassing Money Spends and Staying Calm in a Market Dip | 03 avr. 2026 | 00:25:55 | |
In this TGIF Two Girls Investing Friday episode, Jess & Colleen chat about lingering winter weather and concerns about snowmelt flooding. They share embarrassing money stories, including late-night postpartum purchases, which leads into a discussion on how small app charges and forgotten subscriptions can add up. They recommend regularly reviewing phone subscriptions and note that companies may refund accidental renewals. They also discuss saving money through meal planning, highlighting the Mob app that builds grocery lists from selected recipes, and mention online grocery shopping for budget control. Finally, they address recent market volatility tied to disrupted oil supply during a war in Iran, emphasizing long-term investing, dollar-cost averaging, buying opportunities during corrections, mindset and language shifts ("down" vs. "lost"), risk tolerance, diversification, and teasing future episodes on starting with Wealthsimple, beginner mistakes, and money myths. 00:00 Podcast Welcome 00:34 Back After A Break 00:44 Cold Weather Catch Up 01:37 Embarrassing Money Story 04:52 App Spending Adds Up 07:15 Meal Planning App Hack 09:39 Grocery Shopping Strategies 10:41 Market Dip And Mindset 11:39 Stop Predicting Markets 12:31 Volatility Is Normal 13:48 Stay the Course 14:19 Headlines and Fear 15:16 Mindset and Language 17:21 Time Horizon and Diversification 19:43 Risk Tolerance Check 20:41 Market Manipulation Talk 24:22 Buy the Dip Mindset 25:03 Next Episodes and Wrap | |||
| HELOC Strategies, Mortgage Renewals, and Why MER Fees Matter | 20 mars 2026 | 00:20:24 | |
In this TGIF Two Girls Investing Friday episode, the hosts discuss cold March weather before diving into mortgages and HELOCs as many Canadian mortgages come up for renewal. They review responsible HELOC uses like debt consolidation, and explain the Smith Maneuver concept of borrowing against growing home equity to invest, noting the risks of borrowing to invest if markets decline and the need to repay the HELOC. They also cover how investment-loan interest can be tax deductible in Canada when investing in a non-registered account, and mention rising (but still low) title/property fraud where having a HELOC lien may add protection. They describe an equity mortgage that automatically makes paid-down principal available via HELOC for uses like rental property down payments, then define MER (management expense ratio), contrasting high-fee mutual funds with lower-fee ETFs and how fees erode long-term returns. 00:00 Welcome to TGIF 00:34 March Weather Catchup 01:49 Mortgage Renewals and HELOCs 02:50 Smith Maneuver Explained 05:11 Risks of Borrowing to Invest 06:11 Tax Deductible HELOC Interest 07:16 Title Fraud and HELOC Protection 09:30 Equity Mortgage for Rentals 11:52 MER Investing Fees 101 16:04 Mutual Funds vs ETFs Fees 20:01 Next Episode and Wrap Up | |||
| The Snowshoe Strategy, Diversification 101 and when to use a HELOC | 13 mars 2026 | 00:23:09 | |
In this TGIF Two Girls Investing Friday episode, Jess and Colleen discuss building wealth without jargon by focusing on diversification and how home equity lines of credit (HELOCs) fit into mortgage and debt strategy. They explain why a diversified portfolio helps manage risk, using a “stiletto vs. snowshoe” analogy, and Jess shares her own mix: mostly stock ETFs across the US, Canada, and global markets, plus some high-dividend ETFs, a small allocation to bonds and gold (via a gold ETF), and an emergency fund in a high-interest savings account, all held on Wealthsimple due to low fees. They define key terms like stocks, ETFs, bonds, and bond maturity dates, including all-in-one portfolio ETFs. They also cover HELOCs as secured credit with lower rates, best used for debt consolidation or value-adding renovations rather than depreciating purchases, and preview a future episode on debt payoff and credit score strategies. 00:00 Welcome to TGIF 00:34 Friday Money Mindset 01:58 Why Diversify 02:34 Snowshoe vs Stiletto 04:24 Jess Portfolio Breakdown 05:15 Platforms and Fees 06:37 ETFs Stocks Bonds Explained 09:15 All in One ETFs 11:30 Individual Stocks and Gold 13:08 Start Small Keep Learning 14:46 HELOC Basics 16:39 Using HELOCs Wisely 21:32 Debt Payoff Updates Next 22:50 Wrap Up and Follow | |||
| The Real Estate Trick Investors Use to Get Their Next Down Payment | 06 mars 2026 | 00:19:11 | |
In this TGIF Two Girls Investing Friday episode, Colleen & Jess continue their real estate series by focusing on how to access a down payment for rental properties that typically require 20% down. They share personal money wins and lessons about resisting unnecessary purchases, including returning clothes and missing an electronics return window. Jess explains how profits from selling a renovated Calgary home became invested in her TFSA/RRSP, grew over about six years to $60,000 with continued monthly contributions, and helped fund a 20% down payment on an Airbnb rental alongside her husband. For a second property, she describes saving again and using refinancing to pull equity from the existing rental, outlining how lenders may allow borrowing up to 80% of an appraised value, how payments and interest rates affect the decision, and that proceeds are tax-free but accrue interest. They also discuss Whitehorse’s low vacancy rate, high rents, and choosing to rent below market to avoid gouging, then tease a future episode on portfolio diversification. 00:00 Welcome to TGIF 00:34 Real Estate Series Setup 01:10 Money Win Returns 02:41 Return Window Lessons 03:50 Mindset on New Outfits 05:42 Down Payment Story 08:15 Using Equity Refinance 09:11 Refinance Math Explained 11:06 Payments and Rate Risks 14:12 Rental Market Ethics 15:57 Impact and Money Mindset 18:33 Wrap Up and Next Episode | |||
| 20 - How To Invest in Real Estate: Hacks & Actionable Steps | 27 févr. 2026 | 00:18:09 | |
The hosts, Jess and Colleen, of TGIF Two Girls Investing Friday discuss actionable ways to start investing in real estate, focusing first on house hacking—buying a primary residence (including duplexes, triplexes, or suites) and renting part of it to help cover the mortgage—highlighting access to lower down payments (5% up to $500,000 and 10% up to $1,000,000), lower interest rates, and the rule to live in the home for a year. They share alternative strategies for saving a down payment, like house sitting or living with family, and cover renovations as “sweat equity.” They compare primary residences versus rentals, explaining capital gains tax on rental property sales, rules discouraging quick flips, and how taxes apply when a property is partly rented over time. They also discuss short-term rental restrictions in Whitehorse and using RRSP contributions and write-offs to reduce taxable rental income. Sign up for our monthly newsletter and see our other resources Here Connect with us on: 00:00 Welcome to TGIF 00:34 Real Estate Game Plan 00:58 House Hacking Basics 04:41 Saving for a Down Payment 06:47 Renovate and Flip Lessons 09:22 Rentals and Capital Gains 12:34 Airbnb Rules and Balance 15:36 Rental Income Tax Strategy 18:06 Wrap Up and Next Episode | |||
| 19 - Olympics Mindset, Money Wins, and Real Estate Basics (Why Your Home Isn’t Always an Investment) | 20 févr. 2026 | 00:24:18 | |
In this TGIF episode of Two Girls Investing, Jess & Colleen draw parallels between Olympic progression and the investing mindset. Using their backgrounds as figure skaters, they highlight athletes like 42-year-old Deanna Stellato-Dudek to prove that it’s never too late to start, whether in sports or finance. Key Highlights:
The episode wraps with a look at real estate as a "next step" after maxing out TFSAs and RRSPs. For more, follow the show on Spotify, TikTok, and Instagram. 0:00 Welcome to TGIF: Investing Made Simple (Not Financial Advice) 00:34 Today’s Agenda: Olympics, Listener Win, and a Real Estate Series 01:08 How We Met: Competitive Figure Skating Rivals Turned Friends 01:29 Olympic Figure Skating Glow-Up: Quads, Quad Axels & New Scoring Tricks 03:18 Age Isn’t a Limit: The 42-Year-Old Olympian That Changed Our Mindset 07:35 From Athletic Longevity to Money Mindset: It’s Never Too Late to Invest 08:16 Listener Win of the Week: Paying Off a Car + Hitting a Big Goal Early 08:53 Celebrate the Small Money Wins: Debt Progress, Mindset & Accountability 10:47 Boosting Your Credit Score Before Mortgage Renewal 11:21 Debt Payoff Strategy Shift: Getting Balances Under 50% 12:06 Real Estate Basics: Personal Home vs. Rental Property Rules 13:14 Is Your Primary Residence Really an Investment? 14:40 Hidden Costs of Homeownership (Taxes, Insurance, Maintenance) 15:58 Jess’s Real Estate Path: Renting + Airbnb + New Build Rentals 16:30 Why Rental Properties Need 20% Down (and Higher Rates) 17:05 Real Estate as Portfolio Diversification After TFSA/RRSP 19:24 Do Real Estate and Stocks Crash Together 21:01 2008 Crisis Explained: Subprime Mortgages & Mortgage-Backed Securities 21:59 Money, Greed, and Character: The Ethics Behind Financial Decisions 23:31 Wrap-Up: Listener Qs, Where to Comment, and Next Episode Teaser | |||
| 18 - Spend on Coffee, Save on Taxes and The RRSP vs. TFSA Guide to Tax Deductions | 13 févr. 2026 | 00:26:42 | |
In this episode of 'TGIF Two Girls Investing Friday,' Jess and Colleen dive into personal finance strategies with a focus on the everyday choices that can impact financial health. They begin with a light-hearted chat about balancing life's small luxuries, like coffee outings, with broader financial goals. The conversation then transitions into detailed discussions on saving on taxes, the benefits and differences between RRSPs and TFSAs, and strategies for doing taxes either independently or with professional help. The episode wraps up with a teaser for their next discussion on real estate investing, inviting listeners to contribute their questions on the topic. 00:00 Welcome to TGIF: Two Girls Investing Friday 00:36 Personal Finance and Lifestyle Choices 00:54 Moments of Magic: Finding Joy in Everyday Expenses 03:49 Personal Finance is Personal 08:17 Diving into Taxes: Tips and Tools 13:04 Exploring TurboTax and Wealthsimpe for Taxes 13:36 Rental Income and Taxes 15:18 Tax-Saving Strategies and Credits 16:43 Understanding RRSPs and TFSAs for Tax Benefits 20:45 Claiming Work-Related Expenses and Union Fees 25:28 Final Thoughts and Upcoming Real Estate Episode | |||
| 17 - From Kenya to Kickbacks: Travel Tales & Tax Write-Offs | 06 févr. 2026 | 00:22:36 | |
In this episode of TGIF Two Girls Investing Friday, the hosts return from a brief hiatus during which one of them visited Kenya. They share details about the mesmerizing safari and coastal experiences in Kenya, discussing the cost implications of currency. They then pivot to discuss business ventures, with Colleen detailing her journey of turning her love for shopping into a successful subscription box business supporting Canadian small businesses. Jess shares insights on running an Airbnb, including the tax benefits and strategic expense tracking to minimize taxable income. They conclude by teasing the next episode, which will focus on tax strategies. 00:00 Welcome to TGIF: Two Girls Investing Friday 00:34 Jess's Kenya Adventure 04:49 Turning Shopping into a Business 07:48 Financial Benefits of Running a Business 10:45 Maximizing Inventory Efficiency 11:03 Paying Yourself and Business Growth 11:53 Personal Finance Strategies 14:46 Understanding High-Interest Savings Accounts 15:05 Monthly Interest Myths 18:17 Tax Benefits of Owning Rental Properties 21:34 Concluding Thoughts and Next Episode Teaser | |||
| 16 - The True Cost of Kenya: Travel Goals vs. Long-Term Investing | 23 janv. 2026 | 00:18:26 | |
In this episode of TGIF: Two Girls Investing Friday, Jess and Colleen break down the fundamentals of budgeting and saving for a major trip, as Jess prepares for her upcoming visit to Kenya. They discuss the costs involved, including flights, safari expenses, and accommodations, and share strategies for saving and budgeting over a lengthy period. Additionally, Jess and Colleen touch on topics like delayed gratification, the importance of financial planning with a partner, and balancing immediate desires with long-term financial goals. The episode closes with a teaser for their next discussion on money myths and how Colleen turned her love for shopping into a business. 00:00 Welcome to TGIF: Two Girls Investing Friday 00:34 Jess's Trip to Kenya: Planning and Budgeting 02:41 Safari Adventures and Costs 09:00 Saving Strategies and Financial Discipline 12:25 Balancing Financial Goals and Enjoyment 17:28 Upcoming Episodes and Listener Engagement 18:12 Closing Remarks and Social Media | |||
| 15 -The -55°C Survival Guide: Hidden Costs & Why a $50 Shirt Costs More Than You Think | 16 janv. 2026 | 00:22:47 | |
In this episode of TGIF - Two Girls Investing Friday, Jess & Colleen discuss their personal experiences with extreme winter conditions in the Yukon and the financial implications it carries. They talk about the increased costs related to vehicle maintenance, fuel, and children's winter gear, providing a real-world perspective on unexpected expenses. The conversation also delves into the concept of the value of a dollar, highlighting how saving and investing money can compound over time, significantly increasing its potential value. The hosts share practical tips on how to shift one's mindset towards more mindful spending and the long-term benefits of investing. As a teaser for the next episode, one of the co-hosts promises to reveal the detailed costs of an upcoming trip to Kenya and how she budgeted for it. 00:00 Introduction to TGIF: Two Girls Investing Friday 00:34 Surviving the Yukon Cold: Vehicle Challenges 01:55 Fuel and Maintenance Costs in Extreme Cold 04:57 Winter Gear and Family Expenses 11:09 Bus Cancellations and Winter Challenges 12:53 Financial Planning for Unpredictable Expenses 14:09 The Value of a Dollar 16:34 $50 Spent vs Invested 18:40 Make Your Money Work For You 21:23 Share With Us Your Win of The Week Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 14 - The Cost of Cold: Managing Utility Spikes & Our 2025 Financial Wins and Setbacks | 09 janv. 2026 | 00:18:16 | |
In this episode of TGIF Two Girls Investing Friday, hosts Jess and Colleen catch up after a holiday break and delve into their personal experiences of surviving an intense cold spell in the Yukon with temperatures plunging between -45 to -50°C. They discuss the practical and financial challenges encountered, including soaring heating bills, increased gas usage, and the difficulties in maintaining vehicles and homes during extreme weather conditions. Reflecting on their financial journeys in 2025, they highlight their investment successes, the impact of controlled spending, and share thoughts on improving financial habits in the new year. Tune in for a candid conversation about managing finances in challenging environments and insights for a prosperous 2026. 00:00 Welcome to TGIF: Two Girls Investing Friday 00:34 Catching Up After the Holidays 00:58 Surviving the Harsh Winter 05:44 Financial Implications of Extreme Cold 11:47 Reflecting on the Past Year 17:43 Wrapping Up and Looking Ahead Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 13 - Christmas on a Budget & The Perfect Portfolio Mix | 12 déc. 2025 | 00:18:42 | |
In this episode of TGIF: Two Girls Investing Friday, the hosts discuss practical and relatable strategies for saving money during the Christmas season, from splitting gift costs with family members to utilizing local recycling programs for gift certificates. They also detail how to build a diversified portfolio, emphasizing the importance of considering timeline, goals, and risk tolerance. Listeners will learn about the balance between stocks and bonds in a portfolio, usage of all-in-one ETFs, and helpful tools like RoboAdvisors for assessing risk tolerance. The episode wraps up with a reminder to stay financially savvy and prepare for the upcoming year. Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 12 - From Black Friday to Bull Markets: Shopping, Sales and Market Cycles | 05 déc. 2025 | 00:25:29 | |
In this episode of Two Girls Investing Fridays, hosts Jess & Colleen delve into the concepts of bull and bear markets, explaining what they are and how they impact investing strategies. The hosts discuss their personal experiences with the fluctuating market, offering practical advice on how to maintain investments during downturns and the importance of dollar-cost averaging. Alongside market talk, they touch on seasonal changes in the Yukon, Black Friday shopping tips, and staying financially mindful during the holiday season. This episode aims to demystify financial jargon and empower listeners with actionable investing knowledge, all while maintaining an easy-going and relatable atmosphere. Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 11 - How to Get a Vacation Without Breaking the Bank & DRIP Explained | 28 nov. 2025 | 00:19:53 | |
In this episode of TGIF (Two Girls Investing Friday), the hosts dive into the concept of Dividend Reinvestment Plans (DRIP) and how they can benefit your investment portfolio. They explain how reinvesting dividends can promote compounding growth and provide a buffer during market downturns. The hosts also share personal tips on affordable vacation strategies, like splitting costs with friends for a cabin getaway, and practical meal-planning hacks to avoid frequenting DoorDash. Additionally, they address listener questions about the benefits and drawbacks of DRIP and discuss the implications of market corrections in future episodes. Tune in for a candid, jargon-free conversation aimed at making finance approachable for everyone. Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 10 - Boring Money Moves That Make You Richer: How to Master Interest Rates and Save 10x More | 21 nov. 2025 | 00:21:07 | |
In this episode of TGIF (Two Girls Investing Friday), the hosts Jess and Colleen explore practical and often overlooked ways to save money in everyday life. They share personal stories, such as using apps for discounts on meals and shopping at discount stores like The Last Hunt and Poshmark. Beyond these tips, they delve into the world of interest rates, explaining how they are set and the role they play in both borrowing and saving. This episode aims to demystify financial concepts and provide listeners with strategies to better manage their money. Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 9 - The Broke to Balanced Episode: Budget Tools + Bonds for Instant Stability | 14 nov. 2025 | 00:26:13 | |
In this episode of TGIF Two Girls Investing Friday, hosts Jess and Colleen discuss their personal budgeting methods in response to a listener's question. Jess shares her experience with budgeting apps like Mint and Pocket Guard, emphasizing the benefits of automation and categorization. Colleen, on the other hand, prefers using an Excel spreadsheet to track expenses and debts manually. They explore the importance of understanding the value of money and how small financial decisions impact long-term financial goals. The episode also introduces the basics of bonds as an investment, comparing them to GICs and detailing their role in a diversified portfolio. They stress the importance of normalizing financial conversations and learning about money management together. Sign up for our monthly newsletter and see our other resources Here Connect with us on: | |||
| 8 - We Hate Saving Money - But Here's How You Can Make Free Money Through Dividends | 07 nov. 2025 | 00:23:26 | |
In this episode of TGIF: Two Girls Investing Friday, hosts Jess and Colleen discuss the frustrations of Facebook Marketplace and other money-saving methods they disdain but sometimes use. They explain how dealing with online marketplaces and calling insurance providers for better rates can be tedious but financially rewarding. Then, they dive into understanding dividends, discussing the benefits of earning dividend payments from investments, and the difference between growth and value stocks. They also touch on setting up self-directed investing accounts and avoiding currency conversion fees when investing in U.S. stocks. The episode wraps up with a promise to explore bonds in the next episode. Sign up for our monthly newsletter and see other resources Here Connect with us on: 00:04 Welcome to TGIF: Two Girls Investing Friday 00:46 The Frustrations of Facebook Marketplace 04:28 The Hassles of Insurance and Cell Phone Bills 07:00 The Challenges of Thrifting and Online Shopping 10:13 Bedtime Phone Habits 10:36 Setting Up a Self-Directed Investing Account 11:31 Choosing the Right ETFs 14:04 Using AI for Investment Research 16:42 Understanding Dividends 20:13 Growth vs. Value Stocks 21:36 S&P 500 and NASDAQ 100 Explained 22:55 Conclusion and Next Episode Preview | |||
| 7 - Day Trading vs. Passive Long-Term Investing: Real Talk for Canadians Who Want to Invest | 31 oct. 2025 | 00:26:47 | |
In this episode of TGIF Two Girls Investing Friday, Jess and Colleen dive into the differences between day trading and passive long-term investing. They discuss personal financial wins and setbacks, and the impact of fees over time. Key topics include the power of dollar cost averaging and the benefits of self-directed investing. They also emphasize the importance of time in the market and debunk the get-rich-quick mentality often associated with day trading. Tune in for relatable, jargon-free advice on growing your wealth and confidence in the Canadian financial landscape. Sign up for our monthly newsletter and see other resources Here Connect with us on: 00:00 Introduction to TGIF: Two Girls Investing Friday 00:42 Weekly Financial Wins and Setbacks 01:54 The Cost of Seasonal Gear for Kids 06:51 The Impact of Bank Fees Over Time 09:34 The Power of Long-Term Investing 12:01 Day Trading vs. Long-Term Investing 14:06 The Nature of Financial Silence 15:06 Day Trading vs. Long-Term Investing 17:20 Understanding Dollar Cost Averaging 18:20 Automating Your Investments 21:00 Self-Directed Investing Explained 23:24 The Impact of Fees on Investments 26:51 Conclusion and Next Steps | |||
| 6 - RRSP or TFSA?? How to Decide & Money Wins From This Week | 24 oct. 2025 | 00:23:13 | |
In this episode of TGIF Two Girls Investing Friday, hosts Jess and Colleen discuss practical ways they saved money this week, such as working out at home and preparing cost-effective meals. They delve into the differences between two key Canadian investment accounts: the RRSP (Registered Retirement Savings Plan) and the TFSA (Tax-Free Savings Account). The episode covers how each account works, tax implications, and strategies for deciding which to invest in based on your income. They also touch on taking loans from your RRSP for education and home buying, and offer tips to maximize tax returns. Sign up for our monthly newsletter and see other resources Here Connect with us on: 00:00 Introduction to TGIF: Two Girls Investing Friday 00:34 Weekly Money-Saving Tips 08:02 Investing in RRSP vs TFSA 08:13 Understanding RRSP and TFSA 09:03 Tax Implications and Strategies 10:38 Practical Tips for Managing RRSP and TFSA 22:27 Final Thoughts and Next Steps | |||
| 5 - TFSA Secrets, Smart Diversification & How to Stop Overpaying Your Bank | 17 oct. 2025 | 00:23:34 | |
Welcome to TGIF (Two Girls Investing Friday), where Jess and Colleen break down financial concepts in a fun and accessible way. This episode dives into the ins and outs of TFSAs, teaching you how to use this tool to build wealth. They answer a listener question about using Wealthsimple for investments, discuss minimizing bank fees, and highlight the importance of diversification in investing. They also touch on the significance of talking about money with friends and overcoming traditional mindsets. Join them for real strategies to grow your wealth without the financial jargon. Sign up for our monthly newsletter and see other resources Here Connect with us on: | |||
| 4 - What are Stocks, ETFs & Mutual funds?? And How We Saved $100 This Week | 10 oct. 2025 | 00:29:18 | |
Jess and Colleen, the hosts of Two Girls Investing Friday, share updates on their financial experiences. Jess discusses the challenges of attending a work conference and celebrates a significant investment milestone, while colleen talks about managing her store and personal finances. The episode covers practical tips on saving money, such as utilizing credit card insurance for car rentals and preparing simple lunches at work. They delve into the basics of investing, explaining key concepts like stocks, ETFs and mutual funds. The show aims to demystify financial topics and encourage listeners to take control of their financial future. Sign up for our monthly newsletter and see other resources Here Connect with us on: | |||
| 3 - To Rent or Buy? The Real Costs of Homeownership (and How We're Paying Off Debt) | 03 oct. 2025 | 00:30:43 | |
Navigating Wins, Setbacks, and Debt Payoff Strategies. Join Jess and Colleen in episode three as they celebrate the successful launch of their podcast, share personal updates, and dive into the world of debt payoff strategies. They discuss the pros and cons of renting vs. home ownership, detailing Jess’s purchase of a second rental income property and Colleen’s experience with significant home renovations. They introduce and explain debt payoff methods like the avalanche and snowball strategies, and touch on the importance of budgeting and avoiding overspending. Additionally, they tease upcoming discussions on investment terminologies. This episode feels like grabbing coffee with your best friends while tackling real-world financial topics. Sign up for our monthly newsletter and see other resources Here Connect with us on: | |||
| 2 - ADHD and Impulse Spending - Smart Money Hacks That Actually Work | 26 sept. 2025 | 00:32:22 | |
In this episode of the 'Two Girls Investing' podcast, Jess and Colleen discuss their unique financial journeys and share practical tips on managing money challenges. They delve into the impact of ADHD on finances, the importance of paying off high-interest debt, and the necessity of building an emergency fund. They also talk about the weird ways they save money. Join them for an insightful discussion aimed at making personal finance approachable and engaging for everyone. Sign up for our monthly Newsletter Connect with us on: | |||
| 1 - How We Started Two Girls Investing (and the Money Mindset That Changed Everything) | 26 sept. 2025 | 00:27:02 | |
In the inaugural episode of the Two Girls Investing podcast, hosts Colleen and Jess share their excitement about launching their podcast after a brief hiatus. They discuss their motivations for starting TGI, their personal financial journeys, and the rapid growth of their platform, which initially became overwhelming. They look forward to providing financial education tailored to Canadian women, covering topics like savings, budgeting, and investing. The episode also touches on their passions, spending habits, and the importance of a balanced money mindset. Listeners are encouraged to subscribe, engage, and share the podcast as the hosts aim to inspire and educate their community. Sign up for our Newsletter Connect with us on: | |||
| TGI Teaser Episode | 24 sept. 2025 | 00:01:01 | |
Are you ready to talk about money without the headaches and without the boring financial jargon? We're Jess and Colleen, the hosts of Two Girls Investing podcast, and this is your first look at what we're all about. We're not financial advisors - we've just learned a lot over the years and we want to share it all with Canadian women. Colleen's journey is all about paying off debt and talking about money without the shame. Jess has been investing for 10 years and wants to share everything she's learned to help Canadian women make better financial decisions for themselves. Make sure to subscribe to the podcast so you never miss an episode. You can connect with us on IG and Tik Tok @twogirlsinvesting and you can also subscribe to our monthly newsletter through our Stan Store here 👉 https://stan.store/twogirlsinvesting Thanks for being here! | |||