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