Wise Money Moves

It is time to make the shift and have some open conversations about money. Talking about our finances does not have to be this guilt ridden, taboo subject that fills our heart with dread and our stomachs with nausea. In this week’s podcast, we explore how social rules and gender language connotations affect our ability to ask for what we want and need. Kamal and Tracy will give practical tips and useful strategies to help you take those first steps into a difficult conversation. If it can be talked about, it can be fixed. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

Once you’ve decided on your investment strategy, how do you know if you are successful? In this podcast, Kamal and Tracy discuss how to develop the metrics and processes that will measure success, on YOUR terms. Knowing in advance how you will oversee your on-going strategy as well as manage the ups and downs allows you to relax. Peace of mind is often a function of how you are managing yourself, as much as what is going on Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

We all make mistakes. Very few of these errors are irrevocable or fatal. But almost all are avoidable. Kamal and Tracy talk about the most common investment missteps that we all can make. Strong emotions like fear or impatience, can lead to reactive and counter-productive decisions like taking on too much or not enough risk. Too often we rely on unqualified advice, whether it be friends, relatives, or social media. Learn how to identify and avoid these common pitfalls so you can have as smooth a journey to achieving your goals as possible. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

The key to developing a powerful investment strategy is knowing where you want to go. Kamal and Tracy teach us how to determine our financial objectives by looking at three key factors: What are my top three money goals? How much does each one cost and what is the timeline? Once you have these defined you are ready and able to move on to the next step. Learn about developing an asset allocation strategy and the different types of investments that are available to reach your specific goals. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

What is the truth about gender and finance? And what is just old school sexist nonsense? When it comes to talking about women, men, and money, it is hard to see the forest from the trees. We are all bogged down with socio-cultural ideas and expectations that are familiar, often unconscious biases. These insidious beliefs can impede our progress towards a healthy, empowered relationship with our money - and each other. Listen in as Tracy and Kamal take apart some myths and eliminate the dark shadows that may be getting in the way of you being a financial powerhouse. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

Where can I turn to for help? We hear this question from so many people who are trying to achieve their goals. There are so many designations and job titles in the world of finance, it makes figuring out who and where to get professional advice from, a daunting and overwhelming task. The Dynamic Duo will outline the major financial professions, and what they can do for you. They will show us who you need, for what, and when. No one can move to the next level of their financial journey without credible, relevant guidance. Finding your next advisor requires a whole new designation in itself! But listen in – we will help you figure it out! Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

It’s a noisy world out there filled with contradictory opinions and misleading advice. How can you fine tune your ear to hear the wisdom that fits your values and is appropriate for your situation? Media is often not a good friend and can be our worst enemy when it comes to building wealth. Media is meant to elicit strong emotions. The viewpoints are often over simplified and can make us feel like we are falling behind and that everyone is smarter than us. Listen to Kamal and Tracy as they help you learn to discern the voices of wisdom so you can grow your money with confidence. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

You are your own boss. Economic power and freedom starts from owning your personal financial situation. We do this by understanding how and when we spend. Tracy and Kamal will walk you through the practicalities and pitfalls of how you measure and track your cashflow. Cash flow is defined as money in and money out. It is not a budget. It is not like a diet meant to constrict your behaviour or punish you for making a wrong turn. This is a long term holistic approach to help you stay awake and curious about how you use, save and earn your money. Knowing how to keep track of spending is the foundation of an empowered financial life. Make it simple. Keep it real. Watch it grow.

It’s Cashflow Connection Day on Wise Money Moves. Everyone just loves to track spending right? In this episode, you will learn to follow your numbers with curiosity and kindness and understand the difference between a budget and cash flow. You will start to understand the meaning behind over-spending and how to overcome it, as well as what our spending reveals about every part of our lives. You will be fascinated by this unique take on a common subject and be inspired to take the next steps on your path to financial success. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.

Every person sits somewhere on the wealth continuum. Your strength is rooted in acknowledging your own reality and building from there. The five step financial planning process guides us through the steps. Listen in as Kamal and Tracy shed humor and wit on how to get through the five key questions that inform and shape our financial lives. Use their tools and architecture to create your own personal power plan. You will feel more confident, supported and empowered after listening to their insights and valuable guidance. Meet Your Hosts Kamal Basra, BSc, CFP Co-Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co-Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: As the brainchild and community outreach arm of Sophia Financial Group, Sophia Wealth Academy has a two-fold mission: to share wise, credible knowledge and to build the monetary muscles of their community so they can wield their economic power with confidence and strength. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device.

How much is enough for you? Have you ever heard of a wealthy person using the word abundance? They aren’t searching for abundance...or prosperity. They have enough! Enough can be defined by values, a sense of peace, as well as by numbers. Tracy and Kamal, our Financial Dynamos wrangle with the idea that enough...is enough! No amount of affirmations will allow us to skip from insufficiency straight to wealth. There are mental, emotional and actionable steps that set us on the path from where we are to where we want to be. It can always be done. One step at a time!

Kamal Basra and Tracy Theemes, discuss their backstories and the motivations that helped them become the financial dynamos behind their successful advisory firm in Vancouver, BC (SophiaFinancial.ca). How did they combine their social agenda of promoting economic equality with the pressures and responsibilities of investment management? How do they succeed in this crazy world of media hype and the ever unpredictable capital markets? Join these two wild women as they let you inside their inspiring, empowering world of finance. Listen closely as they share their hard-earned wisdom and unique outlook with their listeners. Kamal Basra, BSc, CFP Co- Founder, Sophia Financial, Financial Advisor Data driven, fact checking, translator of complex economic info into understandable plans, champion for diversity and fairness … “Numbers matter. People matter.” Tracy Theemes, MA, CFP Co- Founder, Sophia Financial, Financial Advisor Motivator, truth seeker, wisdom sharer, protector of those who are vulnerable and champion for those who try… “It’s not about the numbers but the stories we tell ourselves about those numbers.” About Sophia Wealth Academy: From our first day in business at Sophia Financial Group, we made two promises: to deliver honest, effective financial advice with portfolio management services; and to be a source of financial education and empowerment for women. We give one day a week of pro bono financial advice to anyone, regardless of their economic circumstances and we host free financial workshops in our offices and in the community. We are committed to delivering the highest level of service as professionals as well as having a positive social and economic impact in our community and with the people we serve. To learn more visit: https://sophiawealthacademy.com/ Thanks for listening! Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page. Do you have some feedback or questions about this episode? Leave a note in the comment section below! Subscribe to the podcast If you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on Apple Podcasts or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us an Apple Podcast review Ratings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on Apple Podcasts, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on Apple Podcasts.