In this episode of The Bold Entrepreneur podcast, Jen Kinal interviews Alyssa, the founder of Mixed Up Money, about the importance of women investing now, creating healthy financial habits, and planning for retirement by focusing on lifestyle goals and understanding personal finances, not just the numbers. Alyssa emphasizes starting small, normalizing financial conversations, and remembering that life and money have seasons, so consistency is key.

What to Expect in This Episode:

• The importance of women taking control of their financial futures and investing

• Creating consistent habits, such as investing small amounts regularly, to build wealth

• Recognizing that financial situations fluctuate and maintaining consistent habits through different seasons of life

Key Takeaways

• The sooner you start investing, the more time your money has to grow, regardless of the amount

• Creating a habit of investing is more important than the initial dollar amount. Start with as little as $20 to build consistency

• For most people, maxing out a tax-free savings account (TFSA) is ideal before focusing on other investment options

Resources:

• Wealthsimple & Questrade: Recommended platforms for opening investment accounts with robo-advisor options

• Yahoo Finance: A resource for looking up Exchange Traded Funds & other financial information

• Girls That Invest by Simran Kaur: A book for beginner investors

• Canadian Government Retirement Calculator: An online calculator for estimating retirement income, including CPP and OAS

• Gilded App: A financial planning app for visualizing retirement savings and drawdown

• Alyssa’s Workshops - Investing for Beginners Workshop, Retirement Planning Workshop

Connect with Alyssa Davies:

Instagram: https://www.instagram.com/mixedupmoney/

Website: https://mixedupmoney.com/

Connect with Host Jen Kinal:

Instagram: https://www.instagram.com/jenkinal/

Website: https://jenkinal.com/

Facebook: https://www.facebook.com/jenkinalcreativebrand

LinkedIn: http://www.linkedin.com/in/jenniferkinal

Join us at the Be Bold Conference:

Ready to connect, grow, and get bold in your business? Grab your ticket to The Be Bold Conference — a powerful one-day event designed for women in business who are ready to level up. Don’t wait — tickets are limited! https://jenkinal.com/be-bold-conference/ 

Be a Guest on the Bold Entrepreneur Podcast:

Have a story to share? Reach out to be a guest on the Bold Entrepreneur Podcast. We’d love to hear from you! Connect with us and let’s grow, learn, and thrive together.

Stay Bold and Dream Big!

Intro and Outro music credit to Mikhail Smusev and Pixabay

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