Tandia Talks Money
Do the words banking, finance, and money set off alarm bells when you hear them? Are you yawning just thinking about budgeting and investing? Tandia Financial Credit Union is here to make banking more relatable by breaking down the barriers and stigmas surrounding money. Start your week off strong with your new banking BFF, Carla Ricci, who is coming to you every Monday from the credit union world where major financial decisions are as unique as you are. Talking about money doesn’t have to be overwhelming. In fact — it can be fun, approachable, and empowering. "Boring" is not part of this podcast's vocabulary, with a variety of topics you'll be sure to relate to including payday routines, the power of saying no, and building a financial road map. Tandia is committed to fostering a community through offering financial wellness programs and treats its members as if they were a neighbour. Perhaps it’s time to pass on the overpriced avocado toast (well, sometimes at least) and start a new kind of banking journey with Tandia.
Visit tandia.com for more information.
1
How to Speak Like a Mortgage Pro
Does it sometimes feel like you need a dictionary to keep track of all the mortgage terms out there? Not to worry, because Carla’s got your back. She explains the most common terms you’ll hear when you’re shopping for a mortgage and breaks down how they are used and what to look out for. Carla also adds in some additional steps for first-time home buyers to help you feel more prepared, including helpful tips like saving for a larger down payment to mitigate or lessen your mortgage insurance amount and staying on top of your credit score (and taking steps to improve it if needed) so you can access the best available mortgage rates. As usual, Carla wants to empower you to make more informed decisions about your finances and reminds us that, just like any life goal, a little bit of planning can make all the difference!
15 min
2
What’s So Interesting about Interest Rates?
Carla is here to guide us through this journey to make sure our taste buds and bank accounts don’t get burned. Think of a mortgage interest rate as the cost of borrowing money to buy a house. Our banking BFF guides us through the two types of interest rates available on mortgages and discusses the various pros and cons of each. Carla also answers some commonly asked questions about them and breaks down some key tips for navigating the market and how to make sure you’re getting the very best rate for yourself (tip: credit unions can help!). Whether it’s your first mortgage or your tenth, Carla is here to keep you informed and empowered in your home buying journey! Let's do this!
8 min
3
Hooking Up (With the Right Mortgage)
This week, Carla takes us through the ins and outs of mortgage options like renewal, refinancing, and switching, along with the pros and cons of each. Just like dating, finding that perfect mortgage match will take a little bit of work, but it’s so worth it when you find the right fit! When looking into these options, it’s important that you ask yourself what your financial goals are, and don’t be shy about reaching out to a professional like a mortgage broker for some sage advice tailored to your specific situation. Carla also dives into the specifics of second mortgages and secured loans—two types of financing that can be really useful to access the equity in your home if you need it, with caveats that there are still pros and cons to each. Ultimately, managing your mortgage is about taking informed steps toward financial health and flexibility. Remember, your approach to money doesn’t have to be set in stone; it can grow and change just like you!
11 min
4
Your Mortgage Made Simple
Understanding your mortgage can feel like learning a new language with a lot of dollar signs, but Carla is here to help make things more digestible. In this episode, she tackles the ins and outs of mortgages, explaining the three main types: fixed rate, variable rate, and interest-only. She breaks down how these options align with different financial situations and long-term goals and dives into amortization, showing how payments shift from covering interest to reducing the principal over time. Carla also covers the impact of mortgage terms on financial flexibility, key features like pre-payment options and portability, and the difference between open and closed mortgages. With her guidance, choosing the right mortgage might just feel a little less daunting.
10 min
5
Financial Wellbeing in a High Interest World
In this episode, she tackles the high interest rates that make home buying and mortgage renewals stressful. Forget the jokes about millennials and brunch; this is about understanding how our daily choices impact our financial wellbeing. High interest rates affect not just mortgages but also the everyday costs of goods and services. Carla breaks it down: Recognize your thought patterns, understand your emotional triggers, and take conscious action. Cut unnecessary spending, negotiate with lenders, and stay proactive. With mindfulness and determination, you can navigate high interest rates and build a brighter financial future.
9 min
6
Surviving and Thriving in Today’s Housing Market
This season, we're tackling the dream (and challenge) of home ownership. With the real estate market's wild ride, owning a home can feel like a far-off fantasy, especially for millennials facing skyrocketing interest rates. But fear not! Carla (your banking BFF) will unpack these challenges and share savvy strategies to navigate the market's twists and turns. From smart budgeting and mortgage shopping to staying cool under pressure, we’ve got you covered. Whether you're eyeing your first home or thinking about refinancing, Carla's here to help you make savvy decisions and turn that home ownership dream into reality. With Tandia by your side, let's thrive in this crazy market together!
8 min
7
Season 3: Let's Talk Homes!
1 min
8
Mastering Money: A Stress-Free Start to 2024
As we dive into the new year, join Carla in breaking down the simplicity of mastering personal finance. We all know getting good at money can feel like a daunting task, so she’s sharing some non-intimidating tricks of the trade. From gaining clarity on your income to focusing on fundamentals like consistent saving, prudent investing, automating your finances with ease, and so much more, Plus, Carla’s diving into 10 transformative actions sets the tone for a fulfilling year. Some hot tips: embrace simplicity, cultivate meaningful habits, and remember that your money mindset can evolve. Let's make 2024 a year of positive transformation with straightforward steps and a focus on overall financial well-being. Cheers to a stress-free and empowered financial year ahead!
13 min
9
Mind Over Money
Carla's back on the mic this week to explore the powerful concept of "mind over money". This mindset shift is all about going beyond the numbers, delving into how your thoughts and attitudes shape your financial journey. Think of it like being the captain steering your financial ship—empowering and in control. This approach not only helps you navigate financial challenges more gracefully but also acts as a shield against future stressors. Carla breaks down practical steps for embracing "mind over money," including creating a vision board for financial goals, breaking them into manageable steps, using a straightforward money bucket system for smart allocation, and practicing tangible transactions. At the end of the day, the art and science of "mind over money" serve as your toolkit for sculpting a financial future in line with your dreams! Hopefully, this episode gives you the mental confidence to stay strong for the sake of your financial future and say, "I won't back down," just like our guy, Tom Petty.
8 min
10
Investing in Health: The Chiropractic Connection
This season, we've focused on the importance of investing in yourself and the powerful impact that can have on your financial future. Keeping this in mind, on today's episode, Carla is joined by her dear friend and chiropractor, Dr. Chelsea Spannow, to uncover the link between chiropractic care and financial well-being. She addresses common roadblocks to seeking care, budgeting for health investments, and the proactive approach needed for long-term benefits. Dr. Chelsea also emphasizes early investments in health, dispels misconceptions about chiropractic care, and offers practical strategies for integrating physical well-being into busy lives. Plus, she discusses how to best utilize your benefits package if available, budgeting for health, and making small investments now for a healthier and more fulfilling life in the long term. After all, health is an investment, not an expense!
35 min
11
Bitter Financial Truths with Sweet Solutions
Carla’s diving into the intricacies of debt acquisition and cutting through the noise of financial success to reveal the genuine culprits behind our money struggles. Why, you might ask? Because life is for living, and financial well-being means finding balance amid bills, budgets, and the occasional splurge. From exposing interest rates as silent architects of our financial destinies to cautioning against the fast-food allure of easy credit, Carla’s giving it to you straight. She shares savvy financial fitness tips, emphasizing self-awareness and behavioral adjustments. It's not just about stressing over spending decisions; it's about understanding the significant factors shaping our money stories. As we navigate this financial world with Carla's insights, let's drop the guilt, focus on feeling empowered, and handle our money with smarts and strength. Cheers to finding the right balance and savoring both financial wisdom and the occasional overpriced holiday Starbucks drink, ok?
13 min
12
Unwrapping Holiday Moolah Magic
On this episode, Carla's unwrapping 10 practical strategies to help us navigate the holiday season while ensuring a financially prosperous year ahead. From setting financial intentions to practicing mindful gift budgeting, enjoying frugal festivities, and connecting with your financial self, these steps will help guide you through the holidays with financial security and cheer! Embrace the magic of intentional spending and wise financial choices to not only celebrate the season but also gift yourself a secure financial future. Here's to a year filled with positive money choices and the gift of lasting financial happiness! Because, let’s face it, who doesn’t want that under their tree?
15 min
13
The Subtle Art of Financial Well-Being
Carla is back and stronger than ever, and this week we’re exploring the theme of "The Subtle Art of Financial Wellbeing."
18 min
14
From Stress to Success: The Money Mindset Makeo...
Carla’s hopping back on the mic and guiding us through the rollercoaster ride that is our relationship with money. While money can be a beautiful thing, it can also be the source of our stress and anxiety struggles, so she’s helping us strike the delicate balance between chasing wealth and finding personal contentment. Together, we’ll explore six common reasons for financial roadblocks, and Carla’s providing practical tips to navigate around them. From boosting financial literacy to crafting debt-repayment plans, creating manageable budgets, and establishing emergency funds, each step not only enhances financial well-being but also encourages self-investment. By prioritizing both well-being and wealth, we will be well on our way to an attainable path to a fulfilling existence! So, strap in, take notes, and get ready to live your best life.
13 min
15
Mastering Time, Mastering Money: A Formula for ...
This week, Carla is diving into all things time management and the direct impact it can have on us. She offers five practical steps to help you become a time management pro, not only making your daily life smoother but also boosting your financial status simultaneously. At the end of the day, it’s not just about squeezing more hours out of your day; it's about squeezing more value into your life and your bank account. Time is indeed money, and managing it better can significantly impact your financial success and overall happiness! Let’s go!
16 min
16
Mind Over Money: Rewiring Your Brain for Financ...
This week, Carla’s hopping back on the mic to bestow some of her infamous wisdom to explore the significance of mindfulness practices when it comes to money management and the ways they can empower us to make better financial decisions. She addresses emotional spending, the fear of scarcity, and the impact our upbringing can have on our financial behaviour. Along the way, Carla offers practical techniques, including mindful budgeting, emotional regulation, patience, and mindful investing, while also emphasizing the importance of defining values and expressing gratitude. Because, after all, by integrating mindfulness into everyday life, you can take control of your financial future, shift your money mindset towards empowerment, and live a more fulfilling life. As the great Bob Marley wisely once said, "Don't worry about a thing! Every little thing is gonna be alright." So, tune in and take that first step toward mindful money management today!
16 min
17
Setting Clear Expectations for Financial Success!
Welcome back to Season 2!
16 min
18
Welcome to Season 2!
2 min
19
Money Talks and Season 1 Walks: Season Finale
This week on Tandia Talks Money, we are bidding farewell to season 1!
17 min
20
Embracing the Challenges of the Sandwich Genera...
This week, Carla is back to delve into the challenges faced by millennials, aka the sandwich generation, who find themselves juggling the responsibilities of raising their own children while also caring for their aging parents.
32 min
21
Conquering Imposter Syndrome in Finance
This week, Carla is back and she’s ready to delve into the discussion of imposter syndrome and how it can impact us financially.
13 min
22
Inspiring Stories of Resilience and Financial G...
Life can often feel like a rollercoaster, with so many ups and downs whether it’s from starting a family, getting married, going through a divorce, or managing a loss.
13 min
23
Financial Strategies for Modern Families
This week, Carla is back to share her top strategies to help us thrive in the face of modern challenges when raising a family.
19 min
24
Breaking Down the Building Blocks of Responsibl...
This week, Carla is here to break down an amazing article from NEI Investments, a valued partner of Tandia Credit Union.
9 min
25
Strategies for Crushing Your Financial Burden
Let's face it, managing your personal finances can sometimes feel like a daunting task to master when it comes to paying off debt, but fear not! Carla is back to share her key tips and tricks for mastering your finances and tackling your debts with confidence.
20 min