Money Equals...with Millie Gormely

I was privileged to be one of the featured speakers at an international yoga retreat over Zoom during Covid (January 2022)- this recording is the result. We're discussing all the aspects of a full financial plan, how planning for women is different than planning for men (in general terms), and how a very "male, pale and stale" industry is changing (for the better, imho). The audio is a little rough, but it was a really good conversation, so I hope you'll be forgiving of the technical quality.

As part of that retreat, I offered attendees a chance to book a chat with me, and several people took advantage of that. We had some great conversations! If you'd like to do the same - please, be my guest. Here's a link to my calendar; find a time that works for you and we'll talk.

https://outlook.office365.com/owa/calendar/MillieGormelyCFPIGWealthManagement@igmfinancial.net/bookings/

We're all familiar with "work ethic": those values that we have around work. This is usually centred around the idea that "working hard is GOOD" and "not working hard is BAD". But rest is just as important as work...isn't it? Some philosophical musings around these ideas and why I believe having a "rest ethic" is just as important.

sign up for more wisdom in written form here (weekly enews): https://ig911.activehosted.com/f/1

I wanted to put out a good description of my financial planning process - partially to give prospective clients an idea of what actually working with me looks and feels like, and partially to get it all "on paper", as it were, for myself. I go by feel and intuition a lot, especially in the early stages of a client relationship, so every client experience is a little bit different and a little bit unique...just like every client.

Want to see my process in action? Book a free, no obligation call to check it out here: https://outlook.office365.com/owa/calendar/MillieGormelyCFPIGWealthManagement@igmfinancial.net/bookings/

This episode is a recording of a presentation I made at a recent networking meeting with the lovely Christine Fernandes and the Toronto Professional Women's Meetup. I talk about women and finance, and why we're different, and why it matters. I had a great time, thought you'd enjoy hearing it!

Critical Illness insurance - what it is, what it does, and how it could possibly save your @$$ even if you don't get it. Also some thoughts on authenticity and ChatGPT - it's getting crazy good, but humans aren't quite replaceable yet (at least, I'm not!).

I had to renew my vehicle plates this month (the silliness of the Ontario licensing system, oy), and that got me reminiscing about the cars that shaped my travels over the years. On reviewing this episode, I misremembered something...it was the Dodge Omni that brought the U-Haul from Southern Ontario to Thunder Bay, not the Chevy Sprint. But...the metaphors still hold.

"Life moves pretty fast. If you don't stop and look around once in a while, you might miss it." - the enduring wisdom of Ferris Bueller

"Life moves pretty fast. If you don't stop and look at your financial situation once in a while, you might miss an opportunity to make it better." - Me.

(I'm no scriptwriter, eh).

We make decisions throughout our lives, and sometimes it turns out we should have done "the other thing". We're afraid to ask for help when things start getting nasty, and then we get caught up in blaming ourselves instead of getting help and fixing it.

Let's get this clear: A bad financial situation does not make you a bad person, and you can change your future if you get help sooner rather than later. Let's talk about it.

Having some thoughts around the ways we "punish" ourselves in an attempt to do something good (saving money, getting healthy). Starving yourself isn't a great way to lose weight in the long term, and trying to stick to a strict budget can also be an exercise in futility. Why do we do this to ourselves, and how can we take a healthier approach to long term success? And if you had to choose either living under a strict budget or a strict diet, which would you choose?

A few reasons, really...

Sometimes it's good to get out of the office and let your creativity flow...sharing thoughts on working in coffee shops, continuing education, and whether animals procrastinate. Spoiler alert...come on, this episode is less than 8 minutes long, go ahead and hit "play" to find out. ;)

General thoughts about the change of seasons, spring cleaning, and some books I've really enjoyed that you might like as well (no recommendations for trashy romance novels, those you'll have to find on your own). 

On my Kindle as we speak:

A personal development classic Think & Grow Rich by Napoleon Hill 

Not everything has to be so hard: Effortless by Greg McKeown

You're not lazy, you're burnt out and you deserve a break! Really loved this one: Laziness Does Not Exist by Devon Price, PhD

I'm pretty passionate about having that insurance conversation with clients. There's so much "information" out there, but it can be hard to get actual advice...and the person doing your mortgage isn't the right person to fill your insurance needs. Listen to find out why. 

I'm SO passionate about insurance that I'll help you with it even if you're not a client! If you want to talk about what you MIGHT need (not everybody needs everything that's out there) and how I could help, use this link to book a chat. No cost, no obligation, no worries! 

https://outlook.office365.com/owa/calendar/MillieGormelyCFPIGWealthManagement@igmfinancial.net/bookings/ 

(I got so fired up I forgot to record the extro  - so here it is:)

Money isn't the most important thing in life, but getting your money $#@! can improve a whole lot of other things in your life. If you want (and/or NEED) a financial planner, and you want to work with someone who GETs you, let's see if we're that perfect fit. 

Book a chat, let's get to know each other, and we'll see if working with me is something that might work for you. 

Thoughts from the beach chair...(I wish!) No, this was recorded back home after returning from a week in the sun. Taking time away, getting a little perspective on your life, and coming up with fresh ideas are all topics we'll explore, also sunscreen tips (that I wish I'd followed myself, ow) and the idea of "getting back to normal" vs. "getting back to reality" as a way of processing the fact that eventually, you have to come home. 

Do you hear the word "insurance" and think "ew, boring"? Listen to find out why I totally disagree. As a former property/casualty claims adjuster,  I've handled everything from potholes to floods, fires, sewer backups (a personal fave), slip and falls, whiplash injuries and auto fatalities. I learned a ton and gained some amazing skills that I use to this day. Let me know if you want to hear some fun claims stories - I've got a bunch of 'em!

Trade show Crocs, IRL vs. online networking, and things I've learned trying to market myself over the years. 

This is an earlier recording, more "getting to know you" conversation. 

To book your 1:1 chat or sign up for weekly enews - go here!  https://linktr.ee/MillieGormely

https://outlook.office365.com/owa/calendar/MillieGormelyCFPIGWealthManagement@igmfinancial.net/bookings/

More unedited (not that editing would have shortened this much) chat. Part origin story, part "why I do what I do" and many of the reasons I don't work multiple jobs (anymore). By the way, if you're a single woman in Ontario looking for a financial advisor and think we might click, book a chat with me and we'll see if there's something there. It's always free, no obligation, no worries if it doesn't work out.

If you prefer to get your wisdom in printed form, sign up for my weekly enews here: https://ig911.activehosted.com/f/1

Patience - the sound off the top is very low, it picks up about 30 seconds in. I tried to incorporate a sound effect (didn't really work). My bad! Here's more of those mysterious terms your advisor may not have explained to you - I'll hook you up. In this episode I'll explain ETF, CPP, OAS, DC, DP, DCA, GIC, KYC and KYP.  (OMG!) Book a chat or sign up for my weekly enews here: https://linktr.ee/MillieGormely

Here's a list of common (to financial planners) acronyms that I still get asked about on the regular. In any industry, the insiders can assume "everybody knows what that means" and no, not everybody does. So, let's clear the air! 

(turns out it takes time to explain these things...so I'm breaking it into two parts. Stay tuned!)

Today we'll go over RRSP, RRIF, LIRA, LIF and variations on that theme (LRIF, PRIF, LRSP), TFSA, RESP, and RDSP, bonus explanation of what a "mutual fund" actually is. 

Book a chat or sign up for my weekly enews here: https://linktr.ee/MillieGormely

We all make choices about what we do ourselves and what we delegate to others. You don't have to do it all yourself - I'm here to help! (not with your haircut, though...)

If you prefer to get your information in printed form, sign up for my weekly enews here: https://ig911.activehosted.com/f/1 

...but that doesn't mean we shouldn't try. Let's talk about shopping online, predicting the future, and how you (yes, you!) are exactly like Warren Buffett. Sign up for my weekly e-news here for wisdom of a printed nature -  https://ig911.activehosted.com/f/1 

The pod is starting to take shape, just a little bit...thanks to everyone for your feedback on the last episode! Details on what you can expect from me going forward, social media opinions, and why I don't dance (in public, anymore). For future reference, here's my Linktree if you'd like to sign up for my weekly email or contact me for a chat. https://linktr.ee/MillieGormely 

I've gone down a technical rabbit hole...more to come when I get all this $#*! figured out!