These Are the Top $ Problems Millennials Have Today - Here’s How to Solve Them [WIN!]

01.13.2021 - By: Anastasia Barbuzzi

“Time really is your friend as it relates to getting your finances in order.” - Silvi Woods

Those are words from this week’s podcast guest, Silvi Woods (@swoooooods). Fresh out of business school from @mcgillu, Silvi became a senior investment analyst at a big equity mutual fund in Canada. Basically, she picked stocks for a living.

After figuring out the corporate life wasn’t for her and after taking an inspiring trip to Africa with an accountant friend, Silvi decided to start a personal finance education business because “there really wasn’t anything in the market for people who wanted to learn about money, yet it’s such a big part of our lives”.

Fast-forward to today after much success with Wild One Wealth, and Mrs. Woods now works with one of the largest online investing platforms in Canada, @wealthsimple, doing what she does best.

This week on the podcast, Silvi and I chat about some of the most common issues women currently have with money, feelings about their financial health, and sharing it with others. Plus, she breaks down actionable steps that can help you get your affairs in order during the pandemic, stress-free ways to prepare for the future that won’t effect you in the moment, and simple mantras for creating a healthy money mindset.

This week’s episode is also pretty special because Silvi was actually one of the first people to ever know about $HMONEY (I consulted her about my idea for the podcast when it came to me!).

Listen to Episode 3, Top Millennial $ Problems Today & How to Solve Them w/ Silvi Woods, here!

I think there are so many great takeaways from this episode, courtesy of Silvi’s investing genius, but I think one of the most important points she made is that personal finance is just that; personal.

Everyone’s a little bit different and there’s no one size fits all approach to managing money, which is why associating your self-worth and pride to such variable numbers can be so destructive.

Point is: you are so much more than a number, and as Silvi likes to say, time really is your friend when it comes to getting your finances in order. So, if you remember three things from this episode on $HMONEY Radio, let them be Silvi’s mantras for creating a healthy money mindset:

#1: Don’t be hard on yourself. Like all good things, making progress with your saving and spending habits takes time.

#2: Talk about money with your friends and family. (Trust me, it’s freeing when you’re feeling stressed.)

#3: Think of personal finance as an empowering piece of life, not something scary or something that you have to get perfect because nobody does.

…And lastly, don’t forget to enter our first giveaway! WIN a FREE virtual one-on-one financial consultation with Silvi by being the first person to share your favourite part of today’s episode in the comments on this Instagram post, refer $HMONEY Radio to three friends you think would be interested in listening to the show, screenshot the proof, and then send it to us through a DM on Instagram. It’s that simple.

Again, all it takes is completing these four easy steps:

Share your favourite part of today’s episode in the comments on this Instagram post - tell us why you like it.

Refer $HMONEY Radio to three friends you think would be interested in listening to the show.

Screenshot the proof!

Then send it to us to review via Instagram DM.

Got it? Great! We can’t wait to hear from you.