Lesson 28 - My Financial Sobriety Routine
Financial Sobriety School with Linda Parmar
Release Date: 06/04/2024
Francine Dick, CFP - Enjoy your latte
Financial Sobriety School with Linda Parmar
Francine Dick joins me on the podcast today to talk about her book - Enjoy your latte - A financial advisor’s simple guide to Canadian money basics and designing a better life. In this episode Francine talks about her experience on her own experience as a sole support mom of three children, she explains how to budget, saving money, making life changes, preparing for retirement, estate planning, and much more. Francine brings expertise of Canadian finances but we also talk about the US equivalents and overall financial literacy to help you build a healthy...
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Lesson 33 - Your guide to navigate Financial Sobriety during the holidays
Financial Sobriety School with Linda Parmar
It's the most wonderful time of the year, or is it? The holidays are coming in fast and the marketing emails and marketing has already kicked up. This week’s lesson we talk about the guide that I created to help you navigate your Financial Sobriety during the holidays. Some key things I explain to help support you is: - Give yourself permission to keep it simple - Set financial boundaries - Focus on self compassion - Get clear on how you want to FEEL - Create a holiday spending plan You can download the guide on my website...
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Lesson 32 - Are you experiencing a financial blackout?
Financial Sobriety School with Linda Parmar
Experiencing a financial blackout these days in our instant gratification society is something that is actually quite normal. A financial blackout is similar to a blackout someone might experience with alcohol or drugs, but in the context of money. It's a state where you lose control or awareness of your financial decisions—spending or making financial decisions without fully being conscious and present of the consequences until you "come to" and realize the damage. Is this something you have experienced? In this lesson I walk you through what you might experience in a financial blackout and...
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Lesson 31 - To consolidate or not to consolidate
Financial Sobriety School with Linda Parmar
Have you been asking yourself if loan consolidation might be something you want to do with your debt? In this episode I walk you through the questions to ask yourself before you follow through with a loan consolidation application or a balance transfer with your credit card company. When it comes down to it loan consolidations can be a great way to make your payments more realistic but is it the best thing for you? There are many things to consider when getting a loan consolidation and I give you all the information you need. I also introduce you to the "Prince Charming...
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Lesson 30 - Perimenopause and Money
Financial Sobriety School with Linda Parmar
If you struggle with perimenopause and you saw the title of this lesson it may feel like a bit of a warm hug, but in saying that you don't want a warm hug cause the hot flashes have taken over, but you get what I mean. I am talking about what alot of peeps aren't talking about, perimenopause. Perimenopause has really affected my Financial Sobriety. With the mood swings, hot flashes, feeling completely on edge my spending can be affected at times. The thing that has affected it the most is the cost of perimenopause. Our system is so broken when it comes to women seeking...
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Jake
Financial Sobriety School with Linda Parmar
Guest episode - Jake! Jake is joining us from Ottawa Ontario to share his journey that he has had with his money. Jake's story really spoke to me as the things he has dealt with in his life so far and focusing on his money has been something he keeps coming back to. He shares his journey of being in recovery from cannabis use, ADHD and bipolar disorder. This journey brings him through many ups and downs and his story is really inspiring. Jake is also a trans male and I admire him so much to step into his truth and how he navigated his finances during this time. Enjoy...
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Lee
Financial Sobriety School with Linda Parmar
Lee is joining us as a guest on the pod today from Brisbane Australia. It always excites me so much when I get to hear stories of recovery and money in countries all over the world as I am in Canada. Lee shares her journey of her recovery and going through a divorce and how this has impacted her money and focusing on next steps to move into Financial Sobriety. One thing that I really admire about Lee's story is how much work she has done on her recovery and how she is now ready to start her Financial Sobriety and explaining how she has been able to get to this place. If...
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Tami
Financial Sobriety School with Linda Parmar
Summer Series is back with a guest episode ☀️ Tami from Seattle joins us today to share her story with the work on her Financial Sobriety. Tami has done SO much work on healing her relationship with debt and overall spending. If you need some inspiration on what making peace with debt, this episode is for you. Such an honour to have Tami on the podcast and share her hope and inspiration with her Financial Sobriety.
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Jenn
Financial Sobriety School with Linda Parmar
Summer is here and guest episodes are back! Our first guest to share their story is Jenn. Jenn is a client who I worked very closely with the last few years and I am so excited that she is our first guest as her story is SO POWERFUL. When I think of someone who has been extremely dedicated to her journey with money I think of Jenn immediately. She remained so committed and accountable to her journey with money and most of all when things felt hard she kept going. Giving voices to you and supporting you and your Financial Sobriety is an honour. If you would like to be on the...
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Lesson 29 - Capitalism and Consumerism
Financial Sobriety School with Linda Parmar
Consumerism and Capitalism are words that are referred to a lot in conversation in our world, but understanding it can feel overwhelming. Breaking it down into bite sized pieces was something that I wanted to do. Being armed with information about our money is SO powerful and helps us make decisions with our money and practice our Financial Sobriety. Unfortunately Consumerism and Capitalism is something we deal with daily. The world we live in today is full of racism, sexism, colonialism, elitism, anti semitism, ableism and SO MUCH more. A lot of these movements are driven primarily by...
info_outlineBuilding habits and routine for your Financial Sobriety is such a huge piece of following through with working on your money.
Today I share my routine that helps support my Financial Sobriety.
This routine has taken 7 years to work as a system and it is an ever evolving process, just like my relationship with money.
Here are some of the key pieces of my routine:
1. Create monthly spending plan.
2. Daily planning of my spending and tracking my spending.
3. Money dates/meetings.
4. Not using credit cards.
5. Auto transfers for my savings plan and debt payments.
6. Check-in with my emotions with money and spending.
7. Budgeting for things I want.
8. Celebrate
In this lesson I dive into each piece of my routine and how you can make it work for you.
Here are links to previous lessons where I tell my story about my journey with my Financial Sobriety:
https://podcasts.apple.com/ca/podcast/your-money-your-recovery/id1493570547?i=1000462813534
https://podcasts.apple.com/ca/podcast/your-money-your-recovery/id1493570547?i=1000606259490
Here is a link for a lesson on Money dates/meetings:
https://podcasts.apple.com/ca/podcast/your-money-your-recovery/id1493570547?i=1000536841911