The Wealth Whiz Podcast

Season Finale: 2024’s Top Lessons to Kickstart 2025

In the final episode of The Wealth Whiz Podcast Season 1, I’m reflecting on the key money lessons I’ve learned throughout 2024. From achieving financial stability to embracing generosity and learning from past mistakes, I’ll share actionable advice to guide us into 2025. I’ll talk about how aligning our financial decisions with our values is essential for long-term success and why creating value is the real key to financial freedom. Before I wrap up, I’ll also give you a sneak peek of what to expect in Season 2, with exciting new content designed to inspire continued personal and financial growth. I’m so grateful for your support, and I can't wait to take this journey with you into the next season! Milestone Celebration (00:01:11) Overview of Season 2 (00:01:11) Lesson 1: Money's True Meaning (00:02:09) Lesson 2: Financial Stability (00:04:03) Lesson 3: Money and Values (00:06:03) Lesson 4: Value Creation (00:08:10) Lesson 5: Acknowledging Mistakes (00:10:08) Closing Remarks and Gratitude (00:12:08) Links and Resources: Let's get connected; www.sarahlagrosa.com [https://sarahlagrosa.com/] Rate, Review, and Follow the Apple Podcast: If you love what we have going on here, please consider rating and reviewing the show [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515]! This helps me support more people--just like you--to be inspired and empowered. I'm excited to create more helpful content that will improve your financial position. Click here, [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515] scroll to the bottom, tap to rate with 5 stars, and select "Write a Review." Then let me know what you loved most about the episode.

EP 32: Healing Yourself From Money Trauma

In this episode, I dive deep into something we don’t talk about enough—money trauma. Yes, it’s real, and it can silently affect how we see ourselves, make decisions, and even impact our mental health. I share personal stories of my own struggles with money—how it shaped my self-worth and the choices I made—and how I began to heal from it. We’ll talk about the heavy weight of financial stress, the shame it can bring, and the steps we can take to rebuild a healthier, more peaceful relationship with money. As we step into the new year, I want to offer you support and encouragement. If you’ve ever felt stuck, overwhelmed, or afraid to look at your finances, this episode is for you. It’s time to recognize, release, and heal from the money wounds holding you back so you can move forward with confidence and hope. The Emotional Weight of Money (00:01:00) Understanding Money Trauma (00:01:54) Childhood Experiences with Money (00:02:58) Parental Influence on Money Beliefs (00:04:02) Financial Mistakes and Shame (00:04:40) Financial Domestic Abuse (00:05:00) Job Loss and Identity (00:05:57) The Impact of Trauma on Behaviour (00:06:50) Healing Your Relationship with Money (00:07:43) Seeking Support (00:08:43) Self-Care in Healing (00:09:39) Final Thoughts on Money Trauma (00:10:34) Links and Resources: Your Money Trauma Starts At Childhood [https://www.youtube.com/watch?v=Lu982pPP-_E] by Big Think Get started with personal finance coaching [https://sarahlagrosa.com/] for free. Rate, Review, and Follow the Apple Podcast: If you love what we have going on here, please consider rating and reviewing the show [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515]! This helps me support more people--just like you--to be inspired and empowered. I'm excited to create more helpful content that will improve your financial position. Click here, [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515] scroll to the bottom, tap to rate with 5 stars, and select "Write a Review." Then let me know what you loved most about the episode.

EP 31: It’s Not How Much You Make, But How You Make It

I’m excited to dive into the topic of financial freedom, and we’re going to explore it through the lens of Robert Kiyosaki’s powerful book, The Cashflow Quadrant. In this episode, I’ll break down the four ways people earn income: as an Employee (E), Self-Employed (S), Business Owner (B), and Investor (I). I’ll also share a bit of my personal financial journey, including the shifts I made in my mindset to move from the left side of the quadrant—where most people start (E and S)—to the right side, where true financial freedom lives (B and I). If you’re looking to achieve financial independence, this episode is for you! The Impact of Employment Income (00:01:02) Understanding the Cashflow Quadrants (00:02:56) The Employee Quadrant (00:03:56) Self-Employed Quadrant (00:05:00) Transitioning to Business Ownership (00:06:07) The Investor Quadrant (00:08:15) Actionable Steps to Financial Freedom (00:09:21) . Links and Resources: Cashflow Quadrant by Robert Kiyosaki. Get your copy here [https://www.amazon.ca/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054] Start a self-employment and business [https://sarahlagrosa.com/] in financial industry Rate, Review, and Follow the Apple Podcast: If you love what we have going on here, please consider rating and reviewing the show [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515]! This helps me support more people--just like you--to be inspired and empowered. I'm excited to create more helpful content that will improve your financial position. Click here, [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515] scroll to the bottom, tap to rate with 5 stars, and select "Write a Review." Then let me know what you loved most about the episode.

EP 30: Pay Off Debt or Start Investing?

Today, I’m diving into a question so many of us wrestle with: Should I pay off my debt first or start investing for my future? In this episode, I’ll walk you through the pros and cons of each approach. I’ll share practical tips to help you figure out what works best for you, because let’s face it: no two financial situations are the same. Whether you’re dealing with student loans, credit card debt, or just trying to figure out if you can start investing with a little extra cash, this episode is for you. Benefits of Paying Off Debt First (00:02:56) Interest Costs Explained (00:03:58) Credit Score and Debt Management (00:05:07) Opportunity Cost in Debt vs. Investing (00:05:58) Inflation's Effect on Debt (00:08:00) The Power of Compounding (00:09:00) Comparative Investment Scenarios (00:10:05) Individual Decision Factors (00:11:10) Links and Resources: Pay Debt or Invest? Use this calculator [https://www.getsmarteraboutmoney.ca/calculators/pay-down-debt-or-invest-calculator/] Get a complimentary financial review [https://tidycal.com/sarahlagrosa/introductory-call] Rate, Review, and Follow the Apple Podcast: If you love what we have going on here, please consider rating and reviewing the show [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515]! This helps me support more people--just like you--to be inspired and empowered. I'm excited to create more helpful content that will improve your financial position. Click here, [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515] scroll to the bottom, tap to rate with 5 stars, and select "Write a Review." Then let me know what you loved most about the episode.

EP 29: Understanding Employment Insurance (EI) Benefit

In this episode, I take a deep dive into Employment Insurance (EI) in Canada, breaking down how it serves as an essential safety net for anyone dealing with unexpected job loss. I cover the basics—like who’s eligible, including those with insurable employment, experiencing involuntary job loss, and meeting the required insurable hours. I also explain the benefits, which usually amount to 55% of your average insurable earnings, and walk you through the simple application process. Plus, I talk about the responsibilities EI recipients have, like staying available for work and reporting any earnings. My goal is to make EI less confusing and give you the tools you need to face financial uncertainty with confidence. Understanding Employment Insurance (00:01:04) Eligibility Requirements for EI (00:02:04) Job Loss and Insurable Hours (00:03:03) Determining EI Benefits (00:04:03) Applying for Employment Insurance (00:06:16) Responsibilities of EI Recipients (00:08:14) Filing Reports and Maintaining Benefits (00:09:15) Conclusion and Action Step (00:10:10) Links and Resources: Use EI Benefit Estimator [https://estimateurae-eiestimator.service.canada.ca/en/questions] Find out the Unemployment and EI Benefit on your Province [https://srv129.services.gc.ca/eiregions/eng/canada.aspx] Rate, Review, and Follow the Apple Podcast: If you love what we have going on here, please consider rating and reviewing the show [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515]! This helps me support more people--just like you--to be inspired and empowered. I'm excited to create more helpful content that will improve your financial position. Click here, [https://podcasts.apple.com/us/podcast/the-10-minute-wealth-whiz/id1744061515] scroll to the bottom, tap to rate with 5 stars, and select "Write a Review." Then let me know what you loved most about the episode.