Two Girls Investing Podcast

Two Girls Investing Co.
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Are you a Canadian woman who wants to get your finances in order but gets intimidated by all the jargon? You're not alone. Welcome to the Two Girls Investing Podcast, your new weekly dose of money empowerment, minus the boring lectures. Every Friday, join friends Colleen and Jess as they chat about their own financial journeys- the highs, the lows and everything in between. One is a busy mom paying off home debt while learning to invest, while the other is a seasoned investor with a decade of experience. Through their honest and hilarious conversations, they'll teach you topics like: Budgeting and saving without feeling deprived, conquering debt and finally getting ahead, demystifying investing for beginners and navigating life's biggest financial decisions. They're not financial advisors - they're here to prove that talking about money can be fun and easy. With two different perspectives, they share what they know, ask the questions you're afraid to ask, and normalize talking about money. Consider them your money besties - here to help you take control of your financial future.

  1. 5d ago

    WAIT... My TFSA isn't Always Tax Free?? A breakdown of When Taxes Actually Apply Inside Your TFSA

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Jess and Colleen share how they learned personal finance and investing through short, focused research sessions (including lunch-hour study), Canadian online resources, a couple of books (Beat the Bank and Millionaire Teacher), and finance podcasts, and they challenge listeners to spend 15–60 minutes researching terms like ETFs, TFSAs, RRSPs, and fees, plus using a compound interest calculator. Colleen also explains budgeting for Christmas by spreading gift purchases over multiple biweekly paycheques to reduce stress and avoid last-minute chaos, mentioning the NeeDoh toy craze. They then cover a TFSA nuance: the U.S. doesn’t recognize TFSAs as retirement accounts, so dividends from U.S. companies (including within U.S.-exposure ETFs) are subject to a 15% withholding tax, while gains aren’t taxed; Jess notes high U.S.-dividend holdings may be more efficient in an RRSP. Next episode will discuss all-in-one (portfolio) ETFs. 00:00 Welcome to TGIF 00:39 Learning Money Basics 02:38 Lunch Break Learning Challenge 04:56 Holiday Budget Planning 07:19 NeeDoh Gift Craze 10:11 TFSA Not Always Tax Free 10:48 US Dividend Tax Explained 13:31 TFSA vs RRSP Placement 15:49 Wrap Up and Next Episode

    WAIT... My TFSA isn't Always Tax Free?? A breakdown of When Taxes Actually Apply Inside Your TFSA

  2. Oct 23

    Your Ultimate Guide to Financial Advisors in Canada! - How to Pick one and What to Ask

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! In this episode, we discuss money mindset and avoiding unnecessary spending by maintaining what you already own, sharing examples and proposing a weekend challenge to refurbish or repair before buying new and to consider the savings and potential investing impact over time. We then explain why “financial advisor” is confusing in Canada, covering common designations (CFP, CFA, and bank-based PFPs), the importance of whether an advisor is a fiduciary, and how product restrictions can steer clients toward higher-fee mutual funds instead of lower-fee ETFs. We outline key questions to ask advisors: credentials and registrations, whether recommendations are limited to in-house products, discretionary vs non-discretionary management, and detailed fee/compensation structures including commissions, AUM percentages, and incentives. 00:00 Welcome to TGIF 00:40 Money Mindset Reset 02:00 Repair Over Replace 05:07 Weekend Savings Challenge 06:50 Financial Advisors Explained 07:30 Designations and Fiduciary Duty 09:24 Fees and AUM Costs 14:26 Questions to Ask Advisors 21:04 Wrap Up and Next Episode

    Your Ultimate Guide to Financial Advisors in Canada! - How to Pick one and What to Ask

  3. Oct 16

    What Exactly Is a Brokerage? How to Use One to Invest (and Avoid the Biggest TFSA Mistake)

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Welcome back to Two Girls Investing Friday! This week, we catch up on the real costs of career growth and business renovations before diving into the foundational steps of investing. If you've ever moved money into a TFSA or RRSP but aren't sure what to do next, this episode will save you from missing out on serious compound growth. This episode covers the hidden costs of career growth and DIY business renovations, plus a beginner-friendly breakdown of what a brokerage is. We also reveal the massive $500k mistake Canadians make by leaving cash uninvested in their TFSA and how to choose the right investing strategy. 00:05 Podcast Intro 00:45 Conference Costs Reality 03:03 Superstore Free Gift Chat 04:14 Retail Costs & Budgeting 08:39 Money Mindset Shift 09:17 What Is a Brokerage 11:32 Accounts vs Investing Mistake 14:21 Cash vs Invested Example 15:50 Brokerage Options Canada 17:33 Self Directed vs Managed 19:25 Mixing Strategies 21:32 Wrap Up Next Episodes 22:26 Final Takeaways Outro

    What Exactly Is a Brokerage? How to Use One to Invest (and Avoid the Biggest TFSA Mistake)

  4. Oct 9

    How Much Money Do You Actually Need in an Emergency Fund??

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! .We open this episode tackling the current reality of Canadian grocery prices, breaking down a $375 Loblaws bill and sharing aggressive, practical strategies to cut your food budget, from leveraging the Flipp app at Superstore to the forgotten ROI of a pantry audit. We then transition into the core financial safety net: the emergency fund. We explain exactly how to calculate your target number based on personal risk factors like job stability, single versus dual income households, and renting versus owning. Finally, we expose the danger of cash hoarding, why overfunding your savings account actively loses you money to inflation, and explain why a High Interest Savings Account is the only place your emergency fund should live so you never have to sell off investments during a market dip. Episode Timestamps 00:00 Welcome and Episode Preview00:19 Grocery Bill Shock01:07 Free Gift Grocery Perk02:38 Frozen Produce Savings04:58 Pantry Inventory Strategy08:10 Price Matching With Flipp09:19 Stocking Food at Work11:30 Emergency Fund Basics13:38 How Much You Need16:42 Household and Housing Factors21:31 Insurance and Risk Buffers20:24 Avoid Overfunding Cash24:45 Keep Emergencies Out of Investments27:03 High Interest Savings Account29:12 Next Week and Wrap Up

    How Much Money Do You Actually Need in an Emergency Fund??

  5. Sep 18

    TFSA vs. RRSP: Where to Put Your HISA & Why Women Are Better Investors

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! n this episode, we tackle the unglamorous side of homeownership, from the sheer sticker shock of premium paint to the frustrating reality of DIY door handle replacements. Shifting from renovations to wealth building, we break down exactly what we’d do differently if we started investing today. We cover how to strategically hold high-interest savings inside a TFSA to shield your money from taxes, the core flexibility differences between a TFSA and an RRSP, and why keeping a clean ETF portfolio across both accounts is the ultimate play. Most importantly, we highlight why women historically outperform in the stock market: patience, zero panic selling, and ignoring the noise. Start small, let compounding do the heavy lifting, and join us in normalizing everyday money conversations. 00:00 – Friday Catch Up 00:41 – Paint Costs & Home Reno Sticker Shock 01:45 – Door Handle Drama & DIY Reality 03:19 – Renovation Reality Check 04:16 – Investing Do-Overs: What We'd Change Today 05:58 – TFSA vs. RRSP: The Core Strategy & Differences 08:33 – Portfolio Setup: Sticking to Low-Cost ETFs 10:55 – Normalizing Money Talks 11:48 – Why Women Invest Better: Avoiding the Panic Sell 15:00 – Start Small & Build the Habit 17:41 – Compounding Beats the Lottery Ticket Mentality 19:49 – Teaser: Emergency Funds 20:19 – Wrap Up & Follow

    TFSA vs. RRSP: Where to Put Your HISA & Why Women Are Better Investors

  6. Sep 11

    How to Invest: Avoiding Beginner Mistakes & Earning Cash Back with Wealthsimple

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! 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?

    How to Invest: Avoiding Beginner Mistakes & Earning Cash Back with Wealthsimple

  7. Sep 4

    We're BACK - What Would We Do if We Started Investing From $0 Today?? + Frivolous Things We Spent Our Money On This Summer 💰

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! 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: Tik Tok Instagram

    We're BACK - What Would We Do if We Started Investing From $0 Today?? + Frivolous Things We Spent Our Money On This Summer 💰

  8. Jul 3

    Gamifying your Debt, One-Income Security & Private Equity for Beginners

    Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! 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

    Gamifying your Debt, One-Income Security & Private Equity for Beginners
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Trailer

About

Are you a Canadian woman who wants to get your finances in order but gets intimidated by all the jargon? You're not alone. Welcome to the Two Girls Investing Podcast, your new weekly dose of money empowerment, minus the boring lectures. Every Friday, join friends Colleen and Jess as they chat about their own financial journeys- the highs, the lows and everything in between. One is a busy mom paying off home debt while learning to invest, while the other is a seasoned investor with a decade of experience. Through their honest and hilarious conversations, they'll teach you topics like: Budgeting and saving without feeling deprived, conquering debt and finally getting ahead, demystifying investing for beginners and navigating life's biggest financial decisions. They're not financial advisors - they're here to prove that talking about money can be fun and easy. With two different perspectives, they share what they know, ask the questions you're afraid to ask, and normalize talking about money. Consider them your money besties - here to help you take control of your financial future.

Information

  • Creator
    Two Girls Investing Co.
  • Years Active
    2025 - 2026
  • Episodes
    44
  • Rating
    Clean
  • Copyright
    © Jessica Rowat and Colleen Kormos
  • Show Website
    Two Girls Investing Podcast

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