In today's episode, we're tackling a question that many people grapple with: Do you need a financial advisor? While it may appear like an easy fix for your financial problems, there are a lot of things to know before hiring a financial advisor. That's where this episode of Deep Pockets & Stilettos comes in. We're breaking down the topic into three key parts– the basics, the pros and cons, and how to find the right financial advisor for you. Follow Deep Pockets & Stilettos ...

For this episode, I chose the subject of goal setting because the beginning of the year is a great opportunity for a lot of people to reflect on their lives and where they want to go. This is timely for the New Year but do not forget you can decide to do this at any point in time. In this episode, I provide a clear method that allows you to reflect on your ambitions and what happened in the past year in every area of your life so you can design your dream life. Follow Deep Pockets &...

In this episode of Deep Pockets & Stilettos, we discuss a very important topic and that is Money In Relationships which is often something that couples overlook: we talk about children, where we want to live, our main goals in life but not really the nitty-gritty of how we are going to manage our money as a couple to lay out a good foundation for our future. So the question that is on everyone’s lips is: are there rules to this? The short answer is no. Every relationship is unique and i...

It's no news to anyone that US is a great country to build success in business and in life. There is this je ne sais quoi energy and confidence going around that allows you to trust yourself and that your dreams can come true. Indeed, the American Dream is still very much alive and in this episode, I give my perspective as a foreigner on 5 Things I Have Learnt About Money, Business And Success While Living In The US. Follow Deep Pockets & Stilettos on Instagram: @dpspod Mu...

Do You Need An Emergency Fund? And if so, how much do you need saved up? 3 months , 6 months, 12 months? The thing is, it’s not a cookie cutter approach and the only way to find out what works for you is to be introspective and find a number that won’t prevent you from sleeping at night. So in today’s episode I go over a quick 3 step method to a set up an emergency fund tailored to your needs: Define what would constitute an emergency in your life Questions you should ask ...

Do you think about every professional opportunity through the scalability lens? What about your network? Are you generally focused or scattered? Consistent or inconsistent? Being intentional about what you do with your time, effort and mind is an essential part of achieving success in life. In today's episode, we dive deep into 3 habits that have helped the 1% reach the top and how you can implement them in your life today: Thinking about scalability: evaluating professional and busine...

In today's episode, we'll get into a topic that seems to be of interest for everyone and that is to retire early. Should we all aim at retiring early? More than chasing a fixed number that would get us to early retirement, this question allows us to reconsider the place of work in our life and more specifically how we allocate our time. The freedom that early retirement procures is actually more about having agency over your time than a mere rejection of work. We'll get into: - the FIRE...

Today's episode is my very first personal finance book review. My goal with these book reviews is to give you a good overview of the content of the book and condense it in a digestible format because I understand that not everyone has time to read personal finance books on top of their busy schedules. Today, we'll talk about the classic New York Times Bestseller, I Will Teach You To Be Rich by Ramit Sethi. The episode will be divided into 3 parts: First, I’ll give you a...

Today I have an episode for you about a topic that has been coming up a lot in my work and personal life lately. Every time I speak with a friend, no matter the country, no matter the industry, it seems like everyone is just so fed up with where they’re at in terms of career and feeling a sense of hopelessness, like there is no way forward. It's that very specific yet nameless feeling that you are in a rut or as if something was wrong with you and it seems like nothing can get you out of thi...

Today’s episode is the second part of the 2 part series on Budgeting and Tips to stick to it. In this show, we go over 5 tips from concrete actions you can take today to tools that can help you analyze your behavior and become more introspective about why you wanted to budget in the first place. These tips can help fuel your motivation to stay on budget and work your discipline and delayed-gratification muscles that will be beneficial for many aspects of your life outside your finances....

Today’s episode is the first part of a 2-part series on Budgeting and Tips to stick to it. In this first part, we debunk the myth that budgeting has to be a complicated math game or spreadsheet and we go over two simple ways to create a budget based on your needs and personality. The important thing is to understand how you function and what approach you are most likely to stick to so you can set yourself up for success. We also discuss why budgeting does not have to be a guilt-filled endeavo...

In today's episode, we talk about diversification within your portfolio and the importance of it in a sound investing approach. We first start by discussing the recent falling of Silicon Valley Bank or SVB. What exactly happened to SVB and why should we all have diversification at the forefront of our minds? We take a closer look at "classic" strategies for portfolio allocation and highlight that any chosen allocation should be tailored to you. We also cover why diversification is often a top...

In today's episode, we discuss an unnerving feeling that might come when you start your financial journey alongside the desire to fast forward to the finish line. This feeling is called destination anxiety and you might actually experience it in other areas of your life than finances. We all create this "perfect plan" for ourselves: "Working our dream job by 25, buying a house by 27, becoming a millionaire by 30" and when we fail to meet this made up schedule we feel so disappointed in ourse...

One of the cornerstones of personal finance is to spend less than what you earn in order to free up money to invest. To this extent, maximizing your income can be a powerful tool to help you advance in your financial journey. Asking for a raise can be incredibly intimidating but success and happiness are found outside our comfort zones. In this episode, we discuss how to navigate this intimidating conversation about your compensation, how to prepare for it and negotiation tips to tip the sca...

This week's episode covers some of the most common money fears that we have all experienced in our lives and how to overcome them. Most of our fears are irrational and with a little introspection, reframing and positive affirmations it's actually not this hard to conquer them. We also discuss how research and becoming familiar with the money topic in general are critical for you to gain confidence over time and rid yourself of some insecurities you may have around money. This episode is great...

On today’s episode, we look into what inflation is and how it can impact us and our finances and morale. Inflation can be stressful and take a toll on our confidence in the future which makes us feel at a loss for solutions. In this episode, I share 3 tips that can help you ease those feelings and mitigate the decline in purchasing power that come with high inflation so you can stay on track with your financial goals and find more satisfaction and peace within your current situati...

On today’s episode, I discuss 3 key concepts to understand for financial success. From dollar cost-averaging and compound interest to the simple art of patience, understanding these can help propel you forward and accelerate the growth of your finances and set you apart from the herd. Then, I get into 3 actions you can take today to match these concepts and how to implement them concretely in your life so you can get ahead and set yourself up for financial success. Music by AudioCoffee...

Have you ever felt intimidated at the idea of investing? You are not the only one. In this episode of the series, we go over Investing 101: what type of investments exist, what stocks, bonds, Index Funds and ETFs are, what is the difference between a passive and active approach in investing including why passive is more applicable for 99% of people and also how to overcome the fear of investing and debunk the myth of "the investor". We also delve into why the passive strategy has been t...

In this week's episode, we are starting the Get Started With Investing series with an episode about Investing Accounts 101: 401ks, IRAs, and Taxable Brokerage Accounts. I did all the tedious research and share what types of investing accounts exist and their specificities about the contributions, taxes and withdrawals. I also get into common mistakes to avoid when starting your investment account so your can be confident when setting up your contributions. Resources mentioned: - 2023 IR...

On today’s episode, I discuss 3 crucial steps to start your investing journey and meet your money goals. These are the groundwork so you can start with a clear mind and tunnel vision and reach your objectives. We talk setting money goals, calculating your net worth and freeing up some money to allocate to your financial goals. We also get into one essential mindset shift at the beginning of every financial journey that can help you steer clear of the temptations of consumerism so you can sav...