Money lessons from first-generation Canadians with Liz Enriquez

Published: Jan. 29, 2021, 11 a.m.

Growing up, what were the conversations you had around the dinner table?\xa0

Was it the day\u2019s events - school, jobs, fun activities? What about money? Discussing money can teach our kids about finance and managing a budget.\xa0 What about a new Canadian? What do their conversations sound like and what can we learn from their unique perspective?\xa0

We invited money coach Liz Enriquez from Ambitious Adulting (https://www.ambitiousadulting.com/) to talk about her learnings being raised in Canada. It\u2019s packed with valuable advice for newcomers and long-standing Canadians alike.\xa0

This show is guest hosted by Aashti Vijh

[0:00 - 0:36] Intro

[0:37 - 2:55] Opening monologue

[2:56 - 3:34] Introducing Liz and Aashti

[3:35 - 8:58] Money mistake or makeup

QUESTIONS

[8:58 - 11:52] How did immigrating impact your family\u2019s approach to personal finance?\xa0

[11:53 - 14:19] What sort of dinner table conversations did you typically have with your family about money?\xa0

[14:20 - 17:39] What financial literacy lessons did you learn from your parents, and have you integrated any of these lessons into your approach to financial coaching?\xa0

[17:40 - 19:39] Are there any elements of your parents\u2019 approach to personal finance that you\u2019ve had to unlearn since becoming financially independent?\xa0

[19:40 - 20:54] What is your debt strategy now with a mortgage and a new baby on the way?

[20:55 - 23:59] What are the top money lessons you share with your clients today?

[24:00 - 26:25] What are some of the most common questions you get in your money courses? Especially with investing?

[26:26 - 30:44] Where would you recommend young people turn to for advice?

[30:45 - 43:24] Rapid Fire Questions

What\u2019s in your wallet?\xa0

A book everyone should read?\xa0

What was your first job and what did you learn from it?

What is a commonly held belief about your industry or space that you passionately disagree with?\xa0

If you had one tweet that everyone in the world would read, what would it say?\xa0\xa0

What\u2019s your number (to retire, how much you need?)\xa0

Where can people find you if they have more questions? And tell me about ambitious parenting, too!

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[43:25 - 44:16] Outro