Episode 22

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Published on:

25th Apr 2024

#22: Conversations about money with young adults.

A healthy relationship with money is foundational to a “Prosperous and Happy” mindset.  Money leaves an imprint on almost everything we do in life and this starts very early, long before we’ve heard of things like compound interest, mortgage rates and salary bonuses.

In this episode of “The Prosperous and Happy life podcast”, I discuss the formative years of learning the value of money and how we can start early, as young adults, with healthy financial conversations in the family.

I’m delighted to be able to explore this topic with Nora Spinks.

Nora is the founder, president, and CEO of Work-Life Harmony Enterprises, a consulting firm that helps clients across all sectors achieve optimal well-being. With over 30 years of experience in the field, she is a nationally and internationally recognized leader and innovator who has worked with over 1000 organizations.

You can hear for yourself in this discussion that Nora is passionate about empowering individuals, families, and organizations to embrace innovation and optimize performance.

Nora is a prolific speaker and author who has delivered over 1500 keynote addresses, workshops, and lectures. She has also published many articles in magazines, trade publications and peer-reviewed journals, co-edited a special journal issue on families in Canada, and co-edited a book on Families, Mobility and Work. She holds multiple certifications, including the GBA+ Certificate, the Indigenous Awareness Introduction, and Scrum: The Basics.

  • How the childhood years can impact our understanding of money. [02:30]
  • How conversations about money should be initiated with young teens. [05:35]   
  • How Nora sees the transition into adulthood with respect to the kinds of conversations people should be having. [08:33]   
  • Discussing the quality of financial information people are receiving. [15:52]
  • The most important message parents should be sharing with their children on money. [20:34]

To our listeners, if you enjoyed this episode, please share it with your friends, both female and male.  If you are looking for expert guidance on your path to prosperity and happiness then reach out to our team, everything you need to find us is in the show notes and on our website.

Please make sure to subscribe to our podcast on Spotify and Captivate.  We will be releasing new episodes the last Friday of every month.

You can also sign up for our free monthly newsletter on my website: www.maryhagerman.ca

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About the Podcast

The Prosperous and Happy Life
Money doesn’t guarantee happiness, but it sure can help. In this podcast, I bring you expert advice on how to achieve not only wealth …. But happiness too!
I shares tips and experiences from my quest to help my clients be prosperous and happy. Over more than 30 years I have worked with thousands of clients and countless experts, all looking to live a rich and fulfilling life. In my podcast interviews I share my stories and wisdom, along with advice from the many experts I have encountered along the way.

About your host

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Mary Hagerman

Mary Hagerman is an award winning portfolio manager and investment advisor with the Montreal office of Raymond James Ltd. Considered a female pioneer in building ETF-based discretionary portfolios for her clients, Mary is an expert columnist on ETFs for industry publications in French and English, and she is regularly quoted in the media. Mary combines her personal passion for karate with her professional experience in her book, The Black Belt Investor.

This podcast has been prepared by and expressed the opinions of Mary Hagerman, and are not necessarily the opinions of Raymond James Ltd. (RJL). Statistics, data and other information presented are from sources RJL believes to be reliable, but their accuracy cannot be guaranteed. This podcast is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Investors considering any investment should consult with their Investment Advisor to ensure that it is suitable for the investor’s circumstances and risk tolerance before making any investment decision. Past performance is no guarantee of future results. Information provided in this podcast is general in nature and should not be construed as providing legal, accounting and/or tax advice. Should viewers have any specific questions and/or issues in these areas, please consult your legal, tax and/or accounting advisor. RJL is a Member of the Canadian Investor Protection Fund.