WEBVTT 00:00:00.000 --> 00:00:05.219 Thank you. Welcome to TGIF, Two Girls Investing 00:00:05.219 --> 00:00:07.000 Friday, the podcast that proves you don't need 00:00:07.000 --> 00:00:08.980 a finance degree or a trust fund to build wealth. 00:00:09.119 --> 00:00:11.080 We're just two regular girls who decided to take 00:00:11.080 --> 00:00:12.939 control of our money, and now we're helping you 00:00:12.939 --> 00:00:14.660 do the same. Each week we break down investing, 00:00:14.919 --> 00:00:16.820 money, and mindset in a way that's actually fun 00:00:16.820 --> 00:00:18.839 and easy to understand. We are not financial 00:00:18.839 --> 00:00:20.800 advisors. We're just two friends sharing what 00:00:20.800 --> 00:00:22.339 we've learned on our own investing journeys. 00:00:22.660 --> 00:00:24.899 No jargon, no intimidation, just real talk and 00:00:24.899 --> 00:00:26.579 real strategies to help you grow your wealth 00:00:26.579 --> 00:00:29.239 and confidence. So grab a coffee, get cozy, and 00:00:29.239 --> 00:00:36.270 let's get into it. Welcome back. Part two of 00:00:36.270 --> 00:00:39.969 us chatting about minus 50 in the Yukon for almost 00:00:39.969 --> 00:00:43.109 three weeks and the financial implications of 00:00:43.109 --> 00:00:46.229 that. Yeah, how much it costs. Yes. Spoiler alert, 00:00:46.289 --> 00:00:51.409 it costs a lot. So we wanted to talk about, I 00:00:51.409 --> 00:00:52.969 want to talk about kind of more of like the vehicle 00:00:52.969 --> 00:00:55.149 issues and the mechanical issues, which goes 00:00:55.149 --> 00:00:56.789 with vehicles because they're mechanical. So 00:00:56.789 --> 00:00:59.000 at the hospital, which is where I work. Every 00:00:59.000 --> 00:01:01.840 single stall in the staff parking lot has a plug 00:01:01.840 --> 00:01:04.000 in. That's so nice. How do you know you live 00:01:04.000 --> 00:01:06.439 in the Yukon? A staff parking lot has a plug 00:01:06.439 --> 00:01:08.819 -in for every single mobile. Well, 90 % of them 00:01:08.819 --> 00:01:10.760 do. Which also makes sense for the hospital because 00:01:10.760 --> 00:01:13.260 it's an area where you need staff to be able 00:01:13.260 --> 00:01:15.439 to show up to work. Totally. And I work a 10 00:01:15.439 --> 00:01:17.299 -hour shift. A lot of people work 12 -hour shifts, 00:01:17.379 --> 00:01:19.680 the nurses. So your car is sitting out there 00:01:19.680 --> 00:01:21.939 for 10 or 12 hours. If it's not plugged in, it's 00:01:21.939 --> 00:01:24.540 not starting. Yes. At minus 40, it's not starting. 00:01:24.640 --> 00:01:26.359 No. I don't care how big your battery is. We 00:01:26.359 --> 00:01:29.260 don't have a plug -in for the store or my other 00:01:29.260 --> 00:01:33.340 job. And so I start my car every two hours. Yep. 00:01:33.579 --> 00:01:35.219 Yeah, you have to. You have to. It's going to 00:01:35.219 --> 00:01:37.599 be dead and then you're stuck. Yeah. Yeah. So 00:01:37.599 --> 00:01:40.260 playing my car at work definitely is happening. 00:01:40.439 --> 00:01:42.260 And then when I'm going to leave work after my 00:01:42.260 --> 00:01:44.599 10 hour shift, I have to go and start my car 00:01:44.599 --> 00:01:46.640 and let it run for 15 to 20 minutes minimum. 00:01:46.799 --> 00:01:48.939 I have a remote start for my car, which is great, 00:01:49.000 --> 00:01:51.000 but it only runs for 15 minutes and it shuts 00:01:51.000 --> 00:01:53.019 off. So sometimes the 15 minutes isn't enough. 00:01:53.099 --> 00:01:55.060 So I will go start a second time and let it run, 00:01:55.180 --> 00:01:58.040 which leads into how much gas I'm spending. I 00:01:58.040 --> 00:02:00.439 spent... at least double the amount of gas that 00:02:00.439 --> 00:02:02.239 i usually do in the last three weeks just because 00:02:02.239 --> 00:02:05.340 you have to let your car warm up even after i 00:02:05.340 --> 00:02:07.299 let it warm up for 15 or 20 minutes when i go 00:02:07.299 --> 00:02:09.900 to drive it feels like my wheels are like blocks 00:02:09.900 --> 00:02:12.900 and the power steering is so stiff you have to 00:02:12.900 --> 00:02:14.620 be really careful for the first few minutes that 00:02:14.620 --> 00:02:16.159 you drive it you don't want to crank your wheel 00:02:16.159 --> 00:02:18.180 because you can actually damage it so i pull 00:02:18.180 --> 00:02:21.539 out of the staff parking lot so slow and my steering 00:02:21.539 --> 00:02:24.180 wheel is all stiff Feels like everyone drives 00:02:24.180 --> 00:02:27.139 like five to 10 kilometers an hour for the first 00:02:27.139 --> 00:02:28.539 little while because you really have to let it 00:02:28.539 --> 00:02:30.740 warm up. You have to, have to. You're not going 00:02:30.740 --> 00:02:32.840 anywhere in a rush. If I'm running late with 00:02:32.840 --> 00:02:35.500 the kids to get them to whatever activity, you're 00:02:35.500 --> 00:02:38.360 on your car's schedule. You're just like, okay, 00:02:38.439 --> 00:02:40.259 you tell me when you're warm enough. Hey, well, 00:02:40.360 --> 00:02:42.379 Yukon time kicks in. Like you show up when you 00:02:42.379 --> 00:02:44.879 show up. Yes. And the other part, if you're not 00:02:44.879 --> 00:02:48.000 from the Yukon, is when it gets that cold, the 00:02:48.000 --> 00:02:51.340 air in your tires, you do lose some of it because 00:02:51.340 --> 00:02:53.780 of the cold air. And so there's a few things. 00:02:53.819 --> 00:02:56.139 There's a lot of people lost tires on the roads. 00:02:56.240 --> 00:02:58.379 There was cars changing tires on the side of 00:02:58.379 --> 00:03:00.180 the road everywhere. A colleague of mine blew 00:03:00.180 --> 00:03:02.280 her tire on the highway. Yes. And so you have 00:03:02.280 --> 00:03:04.659 to be very careful. And the other part is when 00:03:04.659 --> 00:03:07.210 your car is... out for the night, your tires 00:03:07.210 --> 00:03:09.370 actually freeze in the sheet that they're in. 00:03:09.449 --> 00:03:11.729 And so they lose a bit of air. And then the bottom 00:03:11.729 --> 00:03:13.930 part of your tire is kind of like a square, like 00:03:13.930 --> 00:03:16.310 it's flat. So when you start driving, you're 00:03:16.310 --> 00:03:18.750 really like bouncing around because your tires 00:03:18.750 --> 00:03:21.530 are actually square. Yeah. I was driving like, 00:03:21.610 --> 00:03:23.229 oh, I feel like my tires are square. It's because 00:03:23.229 --> 00:03:25.310 they are. It was like a block. It was a square 00:03:25.310 --> 00:03:27.449 block. Yes. And so you're kind of like bouncing 00:03:27.449 --> 00:03:29.449 around for the first few minutes, just letting 00:03:29.449 --> 00:03:32.210 your tires and going so slow. So slow. To let 00:03:32.210 --> 00:03:35.400 your car warm up and not break on you. And yeah, 00:03:35.479 --> 00:03:37.939 everything is just so much harder. Yeah. And 00:03:37.939 --> 00:03:39.460 then when we got a little break, like we were 00:03:39.460 --> 00:03:41.259 talking about last episode, it was minus 28 or 00:03:41.259 --> 00:03:44.240 something. We got a huge snow dump, like two 00:03:44.240 --> 00:03:47.520 huge snow dumps, so much where the city couldn't 00:03:47.520 --> 00:03:49.000 keep up and they couldn't keep the residential 00:03:49.000 --> 00:03:51.419 roads plowed. So going to my parents, I was like, 00:03:51.500 --> 00:03:53.819 I got stuck twice. Me too. I drive a Corolla. 00:03:53.900 --> 00:03:56.599 So like I have good winter tires, but it was 00:03:56.599 --> 00:03:59.319 insane. These huge ruts. And I was just like, 00:03:59.379 --> 00:04:01.139 what is happening? I have an SUV. We get a tiny 00:04:01.139 --> 00:04:02.719 break from the weather and now we got like... 00:04:03.319 --> 00:04:05.800 colossal snow dump it's been relentless yes it 00:04:05.800 --> 00:04:07.800 warmed up just enough to like dump a wild amount 00:04:07.800 --> 00:04:10.199 of snow and then it went right back to the freezing 00:04:10.199 --> 00:04:12.840 temperatures yeah so cost -wise mechanical issues 00:04:12.840 --> 00:04:14.740 for cars like a lot of people are going to run 00:04:14.740 --> 00:04:17.779 into issues my husband's truck is a diesel and 00:04:17.779 --> 00:04:19.319 if you know anything about diesels they don't 00:04:19.319 --> 00:04:21.790 like cold weather. And so now he has a coolant 00:04:21.790 --> 00:04:23.810 leak in his truck. Oh my gosh. And he only drove 00:04:23.810 --> 00:04:27.069 it once during this cold stint and it was just 00:04:27.069 --> 00:04:29.730 angry. And now he has a coolant leak. So we're 00:04:29.730 --> 00:04:30.910 going to have to deal with that when we get back 00:04:30.910 --> 00:04:32.850 from Kenya. I'm like, that's a future us problem. 00:04:33.050 --> 00:04:35.149 Yeah. But the mechanical problem. I did not think 00:04:35.149 --> 00:04:37.029 about it for three weeks. Yeah. Mechanical issues. 00:04:37.050 --> 00:04:39.170 A lot of people's vehicles will break and crack 00:04:39.170 --> 00:04:42.769 and yeah. And then being... a little bit remote 00:04:42.769 --> 00:04:44.889 it's waiting for parts because everybody there's 00:04:44.889 --> 00:04:47.209 a high demand for these exact same parts for 00:04:47.209 --> 00:04:48.649 all the vehicles that are breaking the amount 00:04:48.649 --> 00:04:50.629 of batteries that car batteries that were just 00:04:50.629 --> 00:04:53.009 sold is i think astronomical everyone needed 00:04:53.009 --> 00:04:55.550 a new car battery they think they're short at 00:04:55.550 --> 00:04:58.230 the shop so yeah everything's out uh the other 00:04:58.230 --> 00:05:00.129 part that was a huge expense for december for 00:05:00.129 --> 00:05:03.050 me and with it being christmas we've had a very 00:05:03.050 --> 00:05:06.689 cold winter and so i was buying things for the 00:05:06.689 --> 00:05:08.649 kids to be warm and comfortable and like i've 00:05:08.649 --> 00:05:10.949 shared in the past You know, they outgrow it, 00:05:10.990 --> 00:05:12.930 they lose it. It's like a huge financial cost 00:05:12.930 --> 00:05:16.589 for us. My oldest grew like two inches and all 00:05:16.589 --> 00:05:18.329 of a sudden grew out of her snowsuit and it was 00:05:18.329 --> 00:05:21.170 like also falling apart. Something I didn't plan 00:05:21.170 --> 00:05:23.649 to spend money on and it was to get the right 00:05:23.649 --> 00:05:26.410 gear and based on availability because there 00:05:26.410 --> 00:05:28.829 wasn't, I couldn't order online and wait for 00:05:28.829 --> 00:05:30.490 it to come in. She needs a snowsuit to wear at 00:05:30.490 --> 00:05:33.540 minus 50 now. Yeah, I can't wait a week. No. 00:05:33.540 --> 00:05:36.240 So that ended up being, I got a very high quality 00:05:36.240 --> 00:05:37.819 one. I'll give it that, but it ended up being 00:05:37.819 --> 00:05:41.000 hundreds of dollars for that. And the other one 00:05:41.000 --> 00:05:45.620 was I'm getting them fleece buffs and fleece 00:05:45.620 --> 00:05:48.139 mittens to go inside their mittens and fleece 00:05:48.139 --> 00:05:50.160 socks to go inside their boots for school. So 00:05:50.160 --> 00:05:52.420 all of these little things that I'd bought for 00:05:52.420 --> 00:05:54.079 their stocking stuffers and for it to go under 00:05:54.079 --> 00:05:57.420 the tree and I got them. These really nice just 00:05:57.420 --> 00:05:59.379 fleece onesies that was just like nice to wear 00:05:59.379 --> 00:06:00.680 at home. I thought it'd be really cute to have 00:06:00.680 --> 00:06:02.160 under the tree, wear it on Christmas morning. 00:06:02.399 --> 00:06:05.259 Yeah. But then minus 50 hit and they didn't have 00:06:05.259 --> 00:06:08.180 the right gear and they're cold. And so I'm going 00:06:08.180 --> 00:06:09.759 and I'm grabbing all of these things that I bought 00:06:09.759 --> 00:06:11.699 for them because I want you to open these on 00:06:11.699 --> 00:06:13.339 Christmas morning, but I actually want you to 00:06:13.339 --> 00:06:15.699 be warm now. You actually need them now. Yeah. 00:06:15.779 --> 00:06:18.709 And safe. And so I'm like. why would i hold on 00:06:18.709 --> 00:06:20.449 to these things when i have them in my house 00:06:20.449 --> 00:06:22.649 and you need them so badly yeah you just let 00:06:22.649 --> 00:06:24.250 your kids go outside and freeze just to have 00:06:24.250 --> 00:06:27.370 the present under the tree so it was like okay 00:06:27.370 --> 00:06:29.069 here's another christmas present i'm opening 00:06:29.069 --> 00:06:31.230 and here you go put it on they probably loved 00:06:31.230 --> 00:06:33.189 it they're like oh sweet this is really treats 00:06:33.189 --> 00:06:36.009 like mom just has everything ready for us but 00:06:36.009 --> 00:06:38.910 it was like okay what are you gonna open under 00:06:38.910 --> 00:06:41.509 the tree because i like to have You know, a few 00:06:41.509 --> 00:06:43.170 toys for them, of course, but I like to have 00:06:43.170 --> 00:06:45.189 clothes that they can wear. It's going to be 00:06:45.189 --> 00:06:47.329 very practical and useful. And I like to have 00:06:47.329 --> 00:06:49.410 books that they can read. So I kind of do a bit 00:06:49.410 --> 00:06:51.689 of like a theme of like different things. So 00:06:51.689 --> 00:06:54.350 it's not just toys, but all of the clothes they 00:06:54.350 --> 00:06:57.949 ended up needing. Oh my gosh. And so, yeah. And 00:06:57.949 --> 00:06:59.790 like the fleece onesies, they were in a dance 00:06:59.790 --> 00:07:02.980 performance at minus 40. And they've got to like 00:07:02.980 --> 00:07:04.980 put on their dance outfits and go to the studio 00:07:04.980 --> 00:07:08.000 and go to perform. And these are, they just zip 00:07:08.000 --> 00:07:09.899 up. So I'm not getting it like over their hair 00:07:09.899 --> 00:07:12.019 or anything with a hoodie. Yeah. Because they're 00:07:12.019 --> 00:07:14.120 just wearing dance tights. Yeah. They're wearing 00:07:14.120 --> 00:07:16.339 nothing basically. Exactly. But you want them 00:07:16.339 --> 00:07:19.100 to be like warm and cozy, but also you don't 00:07:19.100 --> 00:07:20.980 want things pulled over their head because it 00:07:20.980 --> 00:07:24.139 messes up their hair. And so those again, I was 00:07:24.139 --> 00:07:25.720 like, here we go. Put them on. Like you guys 00:07:25.720 --> 00:07:27.199 will be warm and cozy. It's getting early Christmas. 00:07:27.540 --> 00:07:31.459 Yeah. So that was a really big one. for us this 00:07:31.459 --> 00:07:34.720 month that i just had not planned on yeah but 00:07:34.720 --> 00:07:37.620 i had everything that's nice you had it yes kind 00:07:37.620 --> 00:07:39.920 of like a silver lining that like you had it 00:07:39.920 --> 00:07:41.959 planned for christmas already we were ready right 00:07:41.959 --> 00:07:44.240 before the cold snap happened but then for kids 00:07:44.240 --> 00:07:47.279 you know that they want presents to open so they 00:07:47.279 --> 00:07:49.220 can't just open like two toys on christmas and 00:07:49.220 --> 00:07:50.980 be like we're good you're like i just got a book 00:07:50.980 --> 00:07:55.779 like yeah so it's like finding yeah other things 00:07:55.779 --> 00:07:58.779 i have two questions for you yes when you buy 00:07:58.779 --> 00:08:01.709 a something or some kind of type of clothing 00:08:01.709 --> 00:08:04.009 do you buy it a little bit bigger for the kids 00:08:04.009 --> 00:08:05.649 so they go into it or do you have to buy just 00:08:05.649 --> 00:08:08.629 what their size is no i buy them a little bit 00:08:08.629 --> 00:08:12.769 bigger if i can yeah um and a lot of like the 00:08:12.769 --> 00:08:15.470 higher quality snows it's not a lot of them some 00:08:15.470 --> 00:08:18.230 of them have things where they add extra stitchings 00:08:18.230 --> 00:08:20.410 in the legs so that if they grow taller you can 00:08:20.410 --> 00:08:24.220 unstitch it for them nice Amazing. Yes. So some 00:08:24.220 --> 00:08:27.019 of them really think of that. Some gear I will 00:08:27.019 --> 00:08:29.120 buy off buy and sell. Like I did give a snowsuit 00:08:29.120 --> 00:08:31.819 for my youngest off of buy and sell. And it fits 00:08:31.819 --> 00:08:33.360 her great, but it's really big and bulky. And 00:08:33.360 --> 00:08:35.899 now she's like, I don't like this. And I kind 00:08:35.899 --> 00:08:37.899 of understand because I don't want a big bulky 00:08:37.899 --> 00:08:39.820 snowsuit that I can't move or play in either. 00:08:40.039 --> 00:08:42.220 Yeah. And sometimes it lets the air in too. So 00:08:42.220 --> 00:08:43.759 it actually doesn't end up being as warm as it's 00:08:43.759 --> 00:08:45.700 supposed to. Yeah. Or you can't put a sweater 00:08:45.700 --> 00:08:47.860 under it or it's too, like then it's too big. 00:08:47.919 --> 00:08:50.139 So there's all those little things where it's 00:08:50.139 --> 00:08:52.379 like, I got her a snowsuit off by itself. She 00:08:52.379 --> 00:08:54.539 hates it. So I'm trying to source another one, 00:08:54.620 --> 00:08:56.879 but I'm not going to spend hundreds of dollars 00:08:56.879 --> 00:09:00.279 like I did on my older one. No. My older one, 00:09:00.399 --> 00:09:02.159 it's always this little dance though, because 00:09:02.159 --> 00:09:06.700 my kids are not super small, tiny kids. And so 00:09:06.700 --> 00:09:09.220 I buy it like the way the kid sizing goes is 00:09:09.220 --> 00:09:11.340 by age. So it'd be like a size seven or a size 00:09:11.340 --> 00:09:13.220 eight. And that usually fits a seven -year -old 00:09:13.220 --> 00:09:14.960 or an eight -year -old. So I usually go up about 00:09:14.960 --> 00:09:17.820 a size, but sometimes even that doesn't fit them 00:09:17.820 --> 00:09:20.320 the right way. And so you're just trying to know. 00:09:20.320 --> 00:09:21.639 If you don't take them to the store and get them 00:09:21.639 --> 00:09:23.360 to try it on, if you're ordering online or marketplace, 00:09:23.559 --> 00:09:24.600 like how do you know it's going to fit them? 00:09:24.740 --> 00:09:26.539 Exactly. So then you're just kind of going. Yeah. 00:09:26.620 --> 00:09:28.419 Or then you're like selling it back on marketplace. 00:09:28.859 --> 00:09:30.559 And then the next year it doesn't fit them anymore 00:09:30.559 --> 00:09:32.279 probably, right? No. So it's like it's seasonal. 00:09:32.480 --> 00:09:34.340 It's just a one season. Or they're hard on it. 00:09:34.340 --> 00:09:36.019 One and done. And wear it all the time. And so 00:09:36.019 --> 00:09:37.539 the knees are blown out. And so you're trying 00:09:37.539 --> 00:09:40.320 to fix that. So my oldest grew out of her snowsuit. 00:09:40.320 --> 00:09:42.500 But it was also one that a family member had 00:09:42.500 --> 00:09:44.460 bought for us. And the seams were starting to 00:09:44.460 --> 00:09:46.399 come undone. The zipper came undone. And I was 00:09:46.399 --> 00:09:48.039 like, you know what? Great. I can take it to 00:09:48.039 --> 00:09:49.500 the seamstress. They can fix the zipper. They 00:09:49.500 --> 00:09:52.059 can do the seam. But then more seams came undone. 00:09:52.100 --> 00:09:54.080 And then, like, the inside started falling out. 00:09:54.179 --> 00:09:56.279 And I was like, at this point, we'd have to sew 00:09:56.279 --> 00:09:58.740 – like, re -sew every side of this snowsuit to 00:09:58.740 --> 00:10:01.559 make it work. Yeah. So we're going to buy one. 00:10:02.179 --> 00:10:04.659 And I had to go to – I didn't have to. I was 00:10:04.659 --> 00:10:06.379 fortunate that I could go to a store in town 00:10:06.379 --> 00:10:08.460 and get it locally. Nice. And support them. And 00:10:08.460 --> 00:10:10.980 I really like this business. But it just wasn't 00:10:10.980 --> 00:10:13.669 – it wasn't in my planning for my budget and 00:10:13.669 --> 00:10:16.350 so it was a big hit when I had to hand my card 00:10:16.350 --> 00:10:20.429 over and it's not a one piece so it's two which 00:10:20.429 --> 00:10:23.169 is like the snow pants and then the jacket which 00:10:23.169 --> 00:10:25.850 is great but then you're paying you know 150 00:10:25.850 --> 00:10:30.879 to 200 for each piece yeah but my kids are outside 00:10:30.879 --> 00:10:33.580 in the snow every single day at school at minus 00:10:33.580 --> 00:10:36.419 40 they're not but minus I think minus 25 minus 00:10:36.419 --> 00:10:38.220 30 might be the cutoff okay that was even my 00:10:38.220 --> 00:10:40.460 next question when it was minus 40 to minus 50 00:10:40.460 --> 00:10:42.840 did your school do inside recesses or did they 00:10:42.840 --> 00:10:45.500 make them go outside no they did inside recesses 00:10:45.500 --> 00:10:47.940 because it's so dangerous for them to be outside 00:10:47.940 --> 00:10:51.350 so even if they wanted to bring them out, the 00:10:51.350 --> 00:10:54.549 risk of frostbite is so high. So high. Even with 00:10:54.549 --> 00:10:56.509 the right gear. Because you can't cover your 00:10:56.509 --> 00:10:58.429 eyes. You've got to cover your eyes out, right? 00:10:58.490 --> 00:11:00.409 If your hands are cold when you put your mitts 00:11:00.409 --> 00:11:02.889 on, even with mitts that work for that weather, 00:11:03.070 --> 00:11:04.830 they don't warm up. They won't warm up, yeah. 00:11:04.929 --> 00:11:08.409 And same with your toes. And so, yeah, they don't. 00:11:08.470 --> 00:11:12.440 The other part I'll talk about quickly. is at 00:11:12.440 --> 00:11:14.539 that same time all the buses stopped running 00:11:14.539 --> 00:11:17.240 school buses yeah so they had a lot of city buses 00:11:17.240 --> 00:11:19.919 the city buses didn't have heat and some of them 00:11:19.919 --> 00:11:22.179 are running it was such a like dangerous time 00:11:22.179 --> 00:11:26.019 to be running them so dangerous and the yeah 00:11:26.019 --> 00:11:27.899 the buses were running but then they would just 00:11:27.899 --> 00:11:30.960 randomly cancel routes or not show up It was 00:11:30.960 --> 00:11:32.419 such a wild, stressful time for parents. And 00:11:32.419 --> 00:11:33.940 then, like, sometimes they weren't communicating 00:11:33.940 --> 00:11:35.559 that well. So, like, people were putting their 00:11:35.559 --> 00:11:37.059 kids out to, like, wait for the bus for a few 00:11:37.059 --> 00:11:38.559 minutes, and the buses weren't showing up. Yes. 00:11:38.580 --> 00:11:40.360 And they're like, okay, like, how long do we 00:11:40.360 --> 00:11:42.539 wait for? We're freezing. Yeah. And it actually 00:11:42.539 --> 00:11:44.059 was a bit dangerous, too. So they were telling 00:11:44.059 --> 00:11:45.940 people, like, if you haven't heard, like, that 00:11:45.940 --> 00:11:48.320 your bus is coming, like, don't send your kids 00:11:48.320 --> 00:11:50.759 outside. Our bus, same thing. They were supposed 00:11:50.759 --> 00:11:53.259 to come, and they just completely missed our 00:11:53.259 --> 00:11:57.159 stop. And I... They just forgot? It was a new 00:11:57.159 --> 00:12:00.039 driver. She said it wasn't on her route. And 00:12:00.039 --> 00:12:02.120 when I called them, they said it was. And I was 00:12:02.120 --> 00:12:03.960 like, I don't know. But there was other kids 00:12:03.960 --> 00:12:06.120 waiting there, too. Start the car and let it 00:12:06.120 --> 00:12:07.820 run for 20 minutes. I was like, I can't fit them 00:12:07.820 --> 00:12:09.940 all in my car. But I also don't want these kids 00:12:09.940 --> 00:12:11.600 to be out in the cold by themselves. I don't 00:12:11.600 --> 00:12:13.720 know if they have. They were older. And so I 00:12:13.720 --> 00:12:16.039 asked my kids if they had a way to get home and 00:12:16.039 --> 00:12:17.840 if their parents were there and if they had cell 00:12:17.840 --> 00:12:19.240 phones. And they were like, yes. And I'm like, 00:12:19.279 --> 00:12:23.620 OK. Because it's scary. It's dangerous. And like 00:12:23.620 --> 00:12:25.600 I said in the last episode, it all feels cold. 00:12:25.639 --> 00:12:27.799 but it's the timing that gets dangerous at minus 00:12:27.799 --> 00:12:29.820 40 minus 50 it's literally minutes that you can 00:12:29.820 --> 00:12:32.779 get frostbite yeah on exposed skin yes so like 00:12:32.779 --> 00:12:34.259 if you're covered you're got some protection 00:12:34.259 --> 00:12:37.519 but even with clothing and layers and stuff if 00:12:37.519 --> 00:12:40.279 you're out there for 20 minutes you can get frostbite 00:12:40.279 --> 00:12:42.740 definitely it's crazy even less than that at 00:12:42.740 --> 00:12:45.710 minus 25 Yeah. It's cold and the risk of frostbite 00:12:45.710 --> 00:12:48.330 over a longer period of time is there. But minus 00:12:48.330 --> 00:12:51.289 40, minus 50, it is minutes. It's minutes. That 00:12:51.289 --> 00:12:53.970 exposed skin. Yeah. It's crazy. Yeah. So that 00:12:53.970 --> 00:12:57.070 was a large expense over my December when I look 00:12:57.070 --> 00:12:59.399 back besides the... coffees that i had a wild 00:12:59.399 --> 00:13:03.259 amount of yeah um but i knew that one i planned 00:13:03.259 --> 00:13:05.679 for i knew that was coming but the it was the 00:13:05.679 --> 00:13:07.679 gear that it was like i feel like kids there's 00:13:07.679 --> 00:13:09.700 so much unpredicted stuff that you just can't 00:13:09.700 --> 00:13:11.840 plan for no matter what it is like you have your 00:13:11.840 --> 00:13:13.679 budget and then all this stuff happens with kids 00:13:13.679 --> 00:13:15.000 and it's just unpredictable and you just have 00:13:15.000 --> 00:13:16.980 to go with the flow yeah and just really and 00:13:16.980 --> 00:13:19.419 like again progress over perfection it's not 00:13:19.419 --> 00:13:21.700 always gonna be perfect just gonna try your best 00:13:21.700 --> 00:13:24.299 and i think almost now that we're talking about 00:13:24.299 --> 00:13:27.460 it is like planning for those unexpected expenses. 00:13:27.600 --> 00:13:30.000 Like knowing that it's not knowing that I'm going 00:13:30.000 --> 00:13:32.500 to have to buy my kid a new snowsuit in the next 00:13:32.500 --> 00:13:35.279 month, but knowing that I will have to buy them 00:13:35.279 --> 00:13:37.059 something in the next few months, whether it's 00:13:37.059 --> 00:13:40.720 new boots, indoor shoes. Yeah. Yeah. Just having 00:13:40.720 --> 00:13:43.500 that contingency savings for whatever it is that's 00:13:43.500 --> 00:13:45.600 going to happen. Yeah. Kids gear. They like, 00:13:45.700 --> 00:13:47.259 yeah, they've grown out of their ballet shoes 00:13:47.259 --> 00:13:49.399 or their soccer shoots or their hockey skates. 00:13:49.419 --> 00:13:52.019 Yeah. And just like planning that into it. Oh, 00:13:52.139 --> 00:13:56.259 they're wild cards. Yeah. Just wild cards. Okay. 00:13:56.340 --> 00:13:58.299 I have some other crazy thing I want to talk 00:13:58.299 --> 00:14:00.019 about, about the Yukon weather and what happened 00:14:00.019 --> 00:14:01.399 during the stint, but I'm going to save it for 00:14:01.399 --> 00:14:03.919 next episode. Okay. Yeah. It's pretty wild actually. 00:14:04.100 --> 00:14:05.980 And then I think what we want to talk about with 00:14:05.980 --> 00:14:08.100 money, it is 2026. We want to start off this 00:14:08.100 --> 00:14:10.740 new year right. We wanted to talk about, we mentioned 00:14:10.740 --> 00:14:12.759 this a little bit before, but not. didn't totally 00:14:12.759 --> 00:14:15.379 get into it, but like the value of a dollar and 00:14:15.379 --> 00:14:17.539 like what that actually means. And like when 00:14:17.539 --> 00:14:19.759 you save a dollar, how you're actually not just 00:14:19.759 --> 00:14:22.240 saving one dollar, but you're like saving this 00:14:22.240 --> 00:14:24.740 potential earnings that you have on this dollar 00:14:24.740 --> 00:14:26.399 had you, you know, if you're going to invest 00:14:26.399 --> 00:14:29.399 it, you know, or that you're saving so much. 00:14:29.399 --> 00:14:30.940 If you put that dollar towards your debt, you're 00:14:30.940 --> 00:14:32.759 saving all that interest that you would have 00:14:32.759 --> 00:14:34.960 been paying on it if you hadn't put it on the 00:14:34.960 --> 00:14:37.899 debt. So yeah, I think you mentioned in a... 00:14:38.059 --> 00:14:40.139 previous episode that you have really like learned 00:14:40.139 --> 00:14:41.500 the value of a dollar and how it's like changed 00:14:41.500 --> 00:14:44.320 for you yes and how it's helped shape when you 00:14:44.320 --> 00:14:46.220 are going to buy something you like stop and 00:14:46.220 --> 00:14:47.899 you're like okay it's 30 but it's like wait it's 00:14:47.899 --> 00:14:51.759 not just 30 if i save that 30 and put it on my 00:14:51.759 --> 00:14:53.860 debt or if i invest it you're actually saving 00:14:53.860 --> 00:14:57.980 way more than the 30 yeah so and how that works 00:14:57.980 --> 00:15:01.899 is with compounding essentially so if i had 30 00:15:01.899 --> 00:15:05.419 and i could spend it on something for 30 and 00:15:05.419 --> 00:15:08.649 that 30 bucks is gone Or if I decided to save 00:15:08.649 --> 00:15:12.490 that and then invest it, that $30 is now earning 00:15:12.490 --> 00:15:16.549 interest or capital gains over time. So now I'm 00:15:16.549 --> 00:15:18.850 gaining money on that. So in 10 years from now, 00:15:18.909 --> 00:15:20.970 I haven't just saved $30. I've saved $30 plus 00:15:20.970 --> 00:15:24.429 whatever the returns are on it. Same if you put 00:15:24.429 --> 00:15:25.990 it on your debt. If you put that $30 on your 00:15:25.990 --> 00:15:29.139 debt. You're not just saving $30 off your debt. 00:15:29.179 --> 00:15:30.960 You're also saving that money that you would 00:15:30.960 --> 00:15:32.879 have been charged on your interest on your interest 00:15:32.879 --> 00:15:35.580 debt as well. Yeah. Yeah. And how it works against 00:15:35.580 --> 00:15:38.120 you or for you. Yes, exactly. And I think it's 00:15:38.120 --> 00:15:39.919 such a good time to talk about that because... 00:15:40.460 --> 00:15:43.620 I think when people are saying I'm looking for 00:15:43.620 --> 00:15:46.200 financial advice or, and we're not financial 00:15:46.200 --> 00:15:48.019 advisors, but I'm looking for financial advice 00:15:48.019 --> 00:15:49.580 or I'm looking at being better with my money 00:15:49.580 --> 00:15:52.940 or I, you know, spend a little bit too much over 00:15:52.940 --> 00:15:55.840 the holidays or in 2025 and 2026, I really want 00:15:55.840 --> 00:15:58.220 to get a grasp on it. Part of that first step 00:15:58.220 --> 00:16:01.360 is seeing that value of a dollar and changing 00:16:01.360 --> 00:16:04.960 your mindset. And I've said that mine is changing 00:16:04.960 --> 00:16:07.059 and I still have a long way to go. And I think 00:16:07.059 --> 00:16:10.539 it's going to be something that is. um doesn't 00:16:10.539 --> 00:16:12.259 happen overnight and I'm not just going to like 00:16:12.259 --> 00:16:14.659 arrive at like oh I've got the mindset it's that 00:16:14.659 --> 00:16:17.240 continuous growth and learning around it yeah 00:16:17.240 --> 00:16:19.700 it's kind of like a lifelong practice yeah really 00:16:19.700 --> 00:16:24.440 and it's really cool though to start seeing uh 00:16:24.440 --> 00:16:27.139 not just the dollar in front of you but what 00:16:27.139 --> 00:16:30.539 that dollar could do or understanding what that 00:16:30.539 --> 00:16:33.019 dollar looks like when it's on your debt versus 00:16:33.019 --> 00:16:36.000 invested let's look at $50 let's say you're buying 00:16:36.000 --> 00:16:39.289 a shirt for $50 I am going to calculate, just 00:16:39.289 --> 00:16:41.090 because my brain wants to see what that looks 00:16:41.090 --> 00:16:45.730 like, invested over 10 years. Yeah. Let's see 00:16:45.730 --> 00:16:48.309 what it actually can earn for you. Yeah. So let's 00:16:48.309 --> 00:16:51.470 say I buy this shirt today. Love it. Wear it 00:16:51.470 --> 00:16:54.429 out. Probably in a year's time, it sits in my 00:16:54.429 --> 00:16:58.210 closet. But let's look at what $50 invested would 00:16:58.210 --> 00:17:00.909 look like in 10 years from now based on compounded 00:17:00.909 --> 00:17:02.690 interest. So I'm going to calculate that. Yeah. 00:17:02.750 --> 00:17:05.730 Let's do it. Okay, this is interesting. So we're 00:17:05.730 --> 00:17:08.049 using a compound interest calculator and we put 00:17:08.049 --> 00:17:10.690 $50 as our current principal, which is the amount 00:17:10.690 --> 00:17:12.809 that we are investing instead of buying the shirt. 00:17:13.470 --> 00:17:15.970 Annual addition, we're putting zero. So we are 00:17:15.970 --> 00:17:20.210 not adding any more to this $50 and we want it 00:17:20.210 --> 00:17:22.690 to grow for 10 years. And we put the interest 00:17:22.690 --> 00:17:25.130 rate at 10%. And Jess, I'll let you explain that 00:17:25.130 --> 00:17:27.829 part. We use 10 % because 10 % is like the average 00:17:27.829 --> 00:17:30.450 stock market return over the last like 100 years. 00:17:32.240 --> 00:17:34.099 that's not adjusted for inflation. If you're 00:17:34.099 --> 00:17:35.359 going to adjust your inflation, it'd be like 00:17:35.359 --> 00:17:37.500 seven or 8%, but we're going to use 10 % because 00:17:37.500 --> 00:17:40.380 it's a nice round number. And so when we calculate 00:17:40.380 --> 00:17:44.039 that over the 10 years, that $50 has turned into 00:17:44.039 --> 00:17:47.880 $130. Yeah. So you're not just saving 50 bucks. 00:17:47.940 --> 00:17:50.640 You're actually like saving $150 if you invested 00:17:50.640 --> 00:17:52.799 that. Yeah. Which means a dollar is not really 00:17:52.799 --> 00:17:55.099 a dollar. It depends how you use it. Exactly. 00:17:55.220 --> 00:17:58.200 And so next time you're out and you're shopping 00:17:58.200 --> 00:18:00.859 or you're online on your phone, look at whether 00:18:00.859 --> 00:18:03.690 that that what you're spending your money on 00:18:03.690 --> 00:18:06.089 if you really need it if it makes sense to buy 00:18:06.089 --> 00:18:07.670 it you know there are things that are definitely 00:18:07.670 --> 00:18:10.869 important to buy and things that um you need 00:18:10.869 --> 00:18:14.210 in your day -to -day but just ask yourself if 00:18:14.210 --> 00:18:16.670 you need that if you're going to use it in 10 00:18:16.670 --> 00:18:18.190 years from now or it's going to bring value in 00:18:18.190 --> 00:18:21.650 10 years from now or if investing you're turning 00:18:21.650 --> 00:18:24.769 it into 130 in 10 years yeah by doing nothing 00:18:24.769 --> 00:18:26.970 basically just by investing it just putting it 00:18:26.970 --> 00:18:29.769 there yeah um this is just like i want to quickly 00:18:29.769 --> 00:18:32.539 say also Just brings me back to this thing that 00:18:32.539 --> 00:18:34.819 I think about a lot is like, you know, we go 00:18:34.819 --> 00:18:38.079 to work every day and we put our time in to make 00:18:38.079 --> 00:18:40.200 money. We are working for ourselves to make money. 00:18:40.359 --> 00:18:44.019 We can also make our money work for us to earn 00:18:44.019 --> 00:18:46.880 money too. And like, why wouldn't we? If that 00:18:46.880 --> 00:18:48.559 money is just sitting there in a bank account, 00:18:48.619 --> 00:18:50.619 it's not working for us. If we're spending that 00:18:50.619 --> 00:18:52.559 money buying shirts or whatever, it's not working 00:18:52.559 --> 00:18:56.180 for us. If we invest it. It is working for us. 00:18:56.279 --> 00:18:58.940 It's spending time in the market and earning 00:18:58.940 --> 00:19:00.859 money, just like we're spending time at work 00:19:00.859 --> 00:19:02.940 and earning money. And I think thinking about 00:19:02.940 --> 00:19:05.279 it that way in my mind really switched things 00:19:05.279 --> 00:19:09.579 for me and just like really made me see how investing 00:19:09.579 --> 00:19:12.920 is such a good avenue to earn money. And like, 00:19:12.940 --> 00:19:15.220 why would I not put my money to work? If I'm 00:19:15.220 --> 00:19:17.220 going to work, why is the money I'm earning not 00:19:17.220 --> 00:19:19.299 going to work as well to earn money? Yeah. You're 00:19:19.299 --> 00:19:21.700 duplicating your efforts. 100%. You're working 00:19:21.700 --> 00:19:24.200 and your money's working. Yeah. And so... yeah 00:19:24.200 --> 00:19:27.140 the value goes up yes 100 so that's just like 00:19:27.140 --> 00:19:29.039 a really good mind shift that i use that really 00:19:29.039 --> 00:19:32.319 helped me stop spending my money on stuff i don't 00:19:32.319 --> 00:19:35.299 actually need because i'd rather just earn money 00:19:35.299 --> 00:19:39.700 on that money yes i i love to spend and i'll 00:19:39.700 --> 00:19:42.380 do an episode on how i turned my spending into 00:19:42.380 --> 00:19:45.400 a business so i love to shop i love to spend 00:19:45.400 --> 00:19:48.549 money There are things that I find a lot of value 00:19:48.549 --> 00:19:50.869 in that I will continue to spend my money on, 00:19:50.970 --> 00:19:54.289 such as good Canadian skincare that my skin really 00:19:54.289 --> 00:19:56.890 likes. It's super dry up here. Those basic things 00:19:56.890 --> 00:19:59.750 that make me feel really good day to day. I do 00:19:59.750 --> 00:20:02.329 spend a little bit on clothes because, you know, 00:20:02.369 --> 00:20:05.269 Jess is in scrubs, so a little bit less on clothes. 00:20:05.470 --> 00:20:07.309 Yeah, it's work pajamas. It's nice. I do need 00:20:07.309 --> 00:20:08.630 work clothes every day and I want to feel good 00:20:08.630 --> 00:20:11.869 in them. But I, again, it's maybe a few times 00:20:11.869 --> 00:20:14.609 a year, so it's pretty rare, but there's a little 00:20:14.609 --> 00:20:17.549 bit there. As we're kind of into January and 00:20:17.549 --> 00:20:19.509 we're thinking about the new year and I'm not 00:20:19.509 --> 00:20:21.289 into big new year's resolutions, but I'm into 00:20:21.289 --> 00:20:24.230 like little ways that you can tweak things. Just 00:20:24.230 --> 00:20:26.750 think about what you want that to look like for 00:20:26.750 --> 00:20:29.470 26 with your finances. And it doesn't have to 00:20:29.470 --> 00:20:31.190 be overnight. It doesn't have to be perfect. 00:20:31.589 --> 00:20:33.890 It can be a little steps. So just making that 00:20:33.890 --> 00:20:35.690 conscious effort when you're spending to say, 00:20:35.769 --> 00:20:38.029 is this something that, you know, if you're spending 00:20:38.029 --> 00:20:42.079 $50. Is it worth the 130? Would I spend the 130 00:20:42.079 --> 00:20:44.740 on it? Yeah. I love that. And if it is, go for 00:20:44.740 --> 00:20:46.819 it. Of course, do it. And if it's not something 00:20:46.819 --> 00:20:49.579 that you think is going to add value in a year, 00:20:49.579 --> 00:20:52.819 two years, five years time, then could you pause 00:20:52.819 --> 00:20:55.039 and maybe look at switching that over to either 00:20:55.039 --> 00:20:56.839 paying your debt down so you can start investing 00:20:56.839 --> 00:20:59.940 faster or putting it into your investments if 00:20:59.940 --> 00:21:01.660 you're already there. Yeah. Making that money 00:21:01.660 --> 00:21:04.259 work for you instead of, you know, buying something 00:21:04.259 --> 00:21:08.210 that might give you momentary joy. Yeah. So maybe 00:21:08.210 --> 00:21:10.970 we can all make that a small resolution together, 00:21:11.049 --> 00:21:13.609 us and our listeners together, just taking that 00:21:13.609 --> 00:21:15.809 pause. And thinking about how that money could 00:21:15.809 --> 00:21:18.069 be working for us. As opposed to buying something 00:21:18.069 --> 00:21:20.349 that maybe we don't need. And share it with us. 00:21:20.529 --> 00:21:23.069 Yeah. Invite us into your journey. Yeah. Let 00:21:23.069 --> 00:21:24.869 us know if you stopped and you didn't buy something. 00:21:24.990 --> 00:21:26.930 And you decided to put it on your debt or invest 00:21:26.930 --> 00:21:30.769 it. Message us on social media. Comment on the 00:21:30.769 --> 00:21:33.690 podcast. Like invite us in. We want to celebrate 00:21:33.690 --> 00:21:35.630 with you when you make these small changes. Yeah. 00:21:35.650 --> 00:21:37.589 I just want to note too. I just realized also 00:21:37.589 --> 00:21:39.730 that you can only comment on the episodes on 00:21:39.730 --> 00:21:42.789 Spotify. You can't comment on Apple Podcasts. 00:21:42.789 --> 00:21:45.049 Okay. Yeah. A friend of mine was like, I can't 00:21:45.049 --> 00:21:46.869 like, I don't see where to comment on Apple. 00:21:47.369 --> 00:21:49.309 So it's actually only Spotify that you can comment 00:21:49.309 --> 00:21:51.589 on. So if you're listening on Apple and you want 00:21:51.589 --> 00:21:53.329 to make a comment, you want to let us know about 00:21:53.329 --> 00:21:55.750 something or you have a question, go to our TikTok 00:21:55.750 --> 00:21:58.150 or Instagram. Send us a message there. Comment 00:21:58.150 --> 00:21:59.750 on one of our videos because we look at all of 00:21:59.750 --> 00:22:01.690 them and we will talk about it on the podcast. 00:22:01.950 --> 00:22:05.130 And we love to hear them. Yeah. Okay, next episode 00:22:05.130 --> 00:22:07.250 we are going to get into. I am going to drop 00:22:07.250 --> 00:22:10.230 all of the costs of a trip to Kenya. I'm not 00:22:10.230 --> 00:22:11.490 holding anything back. I'm going to tell you 00:22:11.490 --> 00:22:13.210 guys everything that I spent on this trip to 00:22:13.210 --> 00:22:16.049 Kenya. Everything I've spent so far and what's 00:22:16.049 --> 00:22:18.730 going to be upcoming once I get there. So if 00:22:18.730 --> 00:22:20.509 you guys want to hear about what that costs. 00:22:20.710 --> 00:22:22.970 I would also love to know how you saved and budgeted 00:22:22.970 --> 00:22:24.970 for that. Yes, I'll go into that too. Planning 00:22:24.970 --> 00:22:26.869 and preparation. Yeah, there was a lot of budgeting 00:22:26.869 --> 00:22:28.210 that went on with that. So I'm going to talk 00:22:28.210 --> 00:22:30.690 about that. And yeah, we'll see you guys next 00:22:30.690 --> 00:22:33.410 week. That's it for this week. Thanks so much 00:22:33.410 --> 00:22:35.269 for joining us. Don't forget to follow us wherever 00:22:35.269 --> 00:22:37.269 you listen so you never miss an episode. You 00:22:37.269 --> 00:22:39.470 can find us on TikTok and Instagram at Two Girls 00:22:39.470 --> 00:22:41.509 Investing. If you loved this episode, share it 00:22:41.509 --> 00:22:43.369 with a friend. Never stop learning and we'll 00:22:43.369 --> 00:22:43.930 see you next Friday.