Welcome to Episode 60 of the In Her Wallet Podcast! This week Sofiia is joined by Olessia Lapina, a seasoned talent leader with 10 years of experience holding key roles in renowned global organizations like Tiffany&Co, Louis Vuitton Moet Hennessy and Fairmont Hotels. In this episode, Sofiia and Olessia talk about building a strong personal brand, ways it can advance your career, help grow network and increase personal income.Key takeaways:00:00 What we're talking about today02:10 Get to know Olessia05:47 What is a personal brand in workplace08:49 How to leverage personal brand for your career 10:04 Using online platforms like LinkedIn14:47 For those just starting out & navigating a change16:07 For those building brand within a company18:30 Strategically using your brand to career transition21:00 Does HR or Hiring Manager look at your Instagram?23:07 How to navigate walking into new position/new company26:45 How to communicate unique value you bring 28:48 Two real-life cases of career change & personal branding33:37 Tip to start building your brand35:09 What is financial freedom to you & how to achieve it*Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Episode resources:Olessia Lapina on Instagram and LinkedInLapina Consulting WebsiteSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 59 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode covering 6 tips to make the most of Black Friday and holiday shopping. How to avoid buying things 'just because they are on sale', maximize your cash back earned, and navigate the sea of deals seamlessly? Tune in for answers to these questions!*Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Episode resources:Access Locker Black Friday Cyber Monday Sales GuideGet $30 Cash Bonus When You Join Rakuten via This LinkSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 58 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode about how you can prepare to buy your first home in Canada! In this episode, Sofiia walks you through the exact steps to take to prepare to buy your first home, like figuring out what home you can actually afford, getting pre-approved for a mortgage and understanding the government programs designed to help you.*Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Episode resources:Borrowing capacity calculatorSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 57 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode on the topic many of her fellow brides can relate to, but often find it difficult to discuss openly - the cost of weddings! In this episode, Sofiia shares the actual costs of her own wedding, the average budget of a lavish wedding you see on Instagram, and some of the practices her and her partner are using to stay budget conscious while bringing their wedding vision to life.*Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 56 of the In Her Wallet Podcast! This week, our host Sofiia is joined by Scheherazade Hasan, Advisor and Associate Portfolio Manager at Wealthsimple, to answer the #1 question they both get: "Where do I start?!" In this episode, we are walking you through the steps that will help you build a solid financial foundation, set achievable goals, and create a roadmap tailored to your unique dreams and aspirations. *Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Key takeaways:00:00 What we're talking about today02:28 Get to know Scheherazade Hasan06:11 Where do I start?10:33 Paying off debt vs saving for emergency12:33 How to use sinking funds15:14 How to avoid diluting your emergency fund18:40 Key tips for investing24:48 RRSP vs TFSA vs FHSA29:54 How to create a financial game plan36:06 When should I start saving for retirement40:01 Examples of financial goals42:42 Scheherazade's resource recommendations43:52 What is financial freedom to you45:25 How to connect with ScheherazadeEpisode resources:Scheherazade Hasan LinkedInTFSA vs. RRSP vs. FHSA ResourceBrown Girl Problems Podcast on SpotifyDisclaimer: The views in this recording are the personal views of the Investment Advisor and should not be taken as the views of Wealthsimple Investments Inc. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this podcast episode should consult with his or her advisor.Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 55 of the In Her Wallet Podcast! This week Sofiia is bringing you a short solo episode about paying off your credit card debt (in fact, any type of debt) as efficiently as possible! Tune in to learn about the two things you need to have to set yourself up for success before starting to pay off debt, the golden rule of using credit cards, the 2 proven strategies for debt repayment, and easy-to-follow practices to be a responsible credit card user.*Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 54 of the In Her Wallet Podcast! This week, we are discussing the hidden costs of household chores (which women tend to do more of) and their profound impact on our financial futures and career paths. Sofiia is joined by Lindsay Sparrow, one of the premiere investment advisors in Alberta at Wellington-Altus Private Wealth. As a Certified Financial Planner (CFP) and a Certified Divorce Financial Analyst (CDFA), Lindsay knows firsthand about the invisible tax that women pay for household labour. In this episode, Sofiia and Lindsay explore practical solutions for achieving a more equitable future. *Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Key takeaways:00:00 What we're talking about today03:21 Get to know Lindsay08:35 Gender norms around household chores06:56 Are household chores unpaid work08:39 What is emotional labour09:40 Splitting household chores with your partner12:07 Why we put off hiring help13:53 If you are a stay at home parent..16:50 How a prenup can help18:28 Work from home makes you miss out on...21:30 How to value your time29:52 Lindsay's three money tips for women30:00 What is financial freedom to youEpisode resources:Lindsay Sparrow Website: https://advisor.wellington-altus.ca/sparrowwealth/Lindsay Sparrow Instagram: https://www.instagram.com/buythelatte/Disclaimer: The views in this recording are the personal views of the Investment Advisor and should not be taken as the views of Wellington-Altus Private Wealth. This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this article should consult with his or her advisor.Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 53 of the In Her Wallet Podcast! This week Sofiia is bringing you a solo episode about the 5 smart money moves to make this fall to prevent the overwhelm and avoid the overspend with all the fun stuff happening at this time of the year, like Thanksgiving dinners, Halloween parties, Black Friday deals and, of course, pumpkin spice lattes. Our goal is that after listening to this episode, you leave feeling equipped with knowledge on how to make progress towards building the financial future you deserve without feeling guilty for the seasonal fun that awaits ahead.*Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 52 of the In Her Wallet Podcast! This week, we got a question for you: have you ever struggled with keeping money, making it, or even enjoying it? The answer to dealing with any of the above might be simpler than you think - it's our emotional intelligence. In this episode, Sofiia is joined by Leisse Wilcox, a Strategic Business Coach and 2x best-selling author, for a conversation about how emotional intelligence defines our relationship with money. *Watch this episode in video format on YouTube*If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Key takeaways:00:00 What we're talking about today02:45 Get to know Leisse08:35 What is wealth EQ11:26 What the Stanley Mug says about you15:02 How to evaluate your wealth EQ18:03 This question will improve your relationship with money20:44 How your earning capabilities are affected by EQ23:27 I seek change. What should I do?25:25 Lessie recommended resources27:50 What is financial freedom to youEpisode resources:Leisse Wilcox WebsiteUse code INHERWALLET for $20 off the "Money Loving" courseSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 51 of the In Her Wallet Podcast! Did you know that Fall season is the time you are most likely to experience burnout at work? In this episode, Sofiia is joined by Arunie Saldhi, a Registered Provisional Psychologist and Workplace Mental Health Expert, for a conversation about early signs of burnout and how women professionals can deal with it whilst building their careers.*Watch this episode in video format on YouTube* If you like this episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM! You can also support the production of In Her Wallet Podcast via this link.Key takeaways:00:00 What we're talking about today02:13 Get to know Arunie06:20 What is burnout & how it shows up08:20 Sharing our personal burnout experiences11:40 How to recognize early stage of burnout15:30 Work performance and burnout16:45 How to deal with burnout at work 19:14 Ways to recover from burnout22:28 Are women more likely to experience burnout25:25 Gaining control of your life back29:52 Arunie's final recommendations31:40 What is financial freedom to you32:40 Connect with ArunieEpisode resources:Arunie Saldhi WebsiteBrown Girl Problems PodcastSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 50 of the In Her Wallet Podcast! Join our host Sofiia for a solo episode as she talks about the financial education industry and how it has recently seen the rise of (f)influencers - financial influencers giving advice on money management via platforms like YouTube, TikTok and Instagram. How can you tell if you're getting bad money advice from these (f)influencers, and how to protect your hard-earned money in digital age? Tune in for answers to these questions!*Watch this episode in video format on YouTube*If you like this solo episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM!Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 49 of the In Her Wallet Podcast! Join our host Sofiia for a solo episode featuring a controversial discussion around home ownership and renting. Does the societal norm of buying your first home before you're in your mid-30s still hold in 2023 when the median household income is $66,000, while average home price in cities like Vancouver and Toronto is over $1,000,000? *Watch this episode in video format on YouTube*If you like this solo episode, let Sofiia know! Take a screenshot of this page & tag her in your IG stories @sofiiasalimova & @inherwalletpodcast, or simply send her a DM!Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome back to Episode 48 of In Her Wallet Podcast! If you're anything like us and want to finish this year strong, today's episode on mid year resets and goal setting is for you! Our host Sofiia is joined by Ashley Meadahl, a business coach, top-charting podcast host and creator behind The Glow Getter Conference. In this episode, Ashley shares best practices on doing a mid year reset, her tips for vision board that will actually motivate you to take action, how to review goals without feeling overwhelmed, and actionable tips on how to feel proud of your accomplishments when December 31 comes.*If you like this episode, support In Her Wallet Podcast by leaving us a 5-star review, sharing on your social media, or via Buy-Me-A-Coffee**Watch this episode on YouTube*Key takeaways:00:00 What we're chatting about today02:00 Get to know Ashley04:30 On working with Jenna Kutcher 09:20 Best practices for mid year reset12:53 How to make the most of mid year reset15:33 Goal review and tracking21:44 How to show up for yourself consistently25:33 What are one-day goals29:00 What is financial freedom to you30:12 On achieving financial freedomEpisode resources:Attend The Glow Getter Conference & use code INHERWALLET for $50 offAshley Meadahl InstagramListen to The Glow Getter PodcastSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 47 of In Her Wallet Podcast! Today we are talking about the connection between money and mental well-being. Joining our host Sofiia is Janine Rogan, CPA and Author of The Pink Tax book. From discussing everyday emotions associated with money and 'mental load', to practical approaches for fostering a healthier mindset around money, this episode helps you find balance between money, self-worth and emotional well-being. *Watch this episode in video format on YouTube**If you like this episode, support the show production via Buy-Me-A-Coffee Link*Key takeaways:00:00 Welcome remarks02:08 Get to know Janine Rogan05:21 Connection between money and mental health07:08 How mental well-being affects our finances12:57 Tips to foster good mindset around money15:01 How financial stress affects our well-being17:25 How mental load impacts us daily21:04 How wealthy people look at debt25:01 Net worth and self worth29:56 Social media and financial well-being33:41 Financial freedom & how to achieve it35:29 Message from SofiiaEpisode resources:Check out The Wealth Lab Course by Janine RoganBuy The Pink Tax BookFinancial Fitness ChecklistJanine Rogan InstagramSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 46 of In Her Wallet Podcast! Today's episode is for anyone interested in real estate investing. Joining our host Sofiia today is Victoria Cluney, who has 18 years of experience and numerous successful real estate deals under her belt! Sofiia and Victoria talk the foundations of real estate investing, such as ways to make money, types of properties to invest in, things to look out for during your first deal, and Victoria's specific formula to success called PROFIT.*Watch this episode in video format on YouTube*Key takeaways:00:00 What we're chatting about today02:05 Get to know Victoria Cluney06:30 How Victoria started investing in real estate 09:25 What is real estate investing?10:28 Passive vs active strategies15:35 Buy and hold16:30 Short-term rentals17:19 Flips17:42 Whole selling20:13 Best investing option for beginners23:34 Pros and cons of short-term rentals26:23 Hiring a property manager30:38 PROFIT formula to succeed36:29 Develop this quality to succeed as a real estate investor37:52 How to learn real estate investing41:07 What is financial freedom to you42:32 How to achieve financial freedomEpisode resources:Sign up for Victoria's Real Estate Investing TrainingCluneyCo WebsiteVictoria's Instagram and LinkedInSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 45 of In Her Wallet Podcast! Today we’re talking about math anxiety and how it can affect your personal finances. Data shows that 93% of Americans have math anxiety, however women are disproportionately affected by it. Turns out parents talk differently to boys and girls about money, which is responsible for shaping habits and expectations that can last a lifetime. Math anxiety is just a feeling of nervousness though, and in reality, you don’t have to have an MBA in Finance to be financially successful.In this episode, our host Sofiia is joined by Michelle Robertson, a.k.a Ms. Money and Math. They discuss what math anxiety is, how it shows up in everyday life, the ways to fight it, and how we can raise a more confident generation of women going forward!*Watch this episode in video on YouTube**If you like this episode, support the show by leaving us a 5-star review, sharing on social media, or via Buy-Me-A-Coffee Link*Key takeaways:00:00 Welcome remarks02:29 Get to know Michelle a.k.a Ms. Money and Math05:32 What is math anxiety?07:30 Why women are more likely to experience it08:50 How math anxiety shows up in everyday life11:05 Calculating the tip percentage14:05 How to slowly build math confidence24:22 How to raise numbers-confident girls27:29 Money isn't about numbers, its about emotions29:38 What is financial freedom to you?30:46 Tips for women to achieve financial freedom34:03 Message from SofiiaEpisode resources:Ms. Money and Math InstagramMs. Money and Math WebsiteSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 29 of Season 2! Today we’re talking about how to create wealth through business ownership. Our special guest, Staci Millard, sold an accounting company she built out of her basement for over a million dollars last year, and today she is answering all of Sofiia’s questions, including how to stop second-guessing your decisions, how to start making profit fast and maximize it during growth, what activities to focus on, and much more! If you’re an early stage entrepreneur who feels like there’s something missing for you to move forward, this episode is for you!*Watch this episode in video format on YouTube**Support the show via Buy-Me-a-Coffee Link*Key takeaways:00:00 Welcome remarks02:10 Get to know Staci & her story07:39 Key element of building wealth08:50 Develop this skill to reach profitability10:03 Early stage business will only thrive if…11:47 Do this to fight your fear around business finances13:18 How to reach your first cash milestone17:45 How to identify revenue-generating activities19:56 Four stages of business21:45 Entrepreneurial mindset 23:59 Most common mistakes new business owners do28:46 How to take a leap into revenue-generation asap32:46 How Staci used her exit money to build more wealth34:33 What is financial freedom to you35:15 Advice to women to achieve financial freedom36:50 Special code for 50% OFF Business BlueprintEpisode resources:Use code INHERWALLET for 50% OFF Business Blueprint CourseDownload a FREE copy of The Profit PlaybookStaci Millard WebsiteFollow Staci Millard on InstagramSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 28 of Season 2! Today we’re talking about business finances. Specifically, the 3 key things you need to do to build a strong financial foundation for your business. Joining our host Sofiia today is Jami Monte, CPA and Creator of Chillbooks, a self-study course that will teach you the ins and outs of QuickBooks™ and give you an optimized set-up to automatically track your sales and expenses (goodbye, unnecessary spreadsheets).*Watch this episode in video format on YouTube**Support the Show via Buy-Me-A-Coffee Link**Check out Chillbooks Course*Key takeaways:00:00 What we’re talking about today01:30 Get to know Jami04:00 Setting up a financial foundation for your business07:22 Bookkeeping 10113:50 Quickbooks vs Excel17:05 Incorporated vs self-employed19:37 When should you incorporate22:43 Understanding how HST and GST works25:54 How to receive tax rebate as a business27:50 Personal vs business bank accounts31:35 Accountant’s advice to entrepreneurs34:20 What is financial freedom to Jami35:58 Jami’s thoughts on how to get to financial freedom39:26 Message from SofiiaEpisode resources:Free HST/GST Guide from Jami MonteBuy Chillbooks CourseJami Monte InstagramJami Monte WebsiteSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Welcome to Episode 27 of Season 2! Today we’re bringing you hot tips for one of the most uncomfortable money-related conversations - those with your partner. Joining Sofiia is Stephanie Wolfe, the Founder of Wolfe Collective Wealth, certified financial counsellor, speaker, wife, mom, and passionate money educator. Stephanie shares the practical tools to better discuss finances in our romantic relationships and how to overall make smarter decisions with our money as women.*Watch this episode in video format on YouTube**Buy Me A Coffee Link*Key takeaways:00:00 New ways to support the show02:39 Get to know Stephanie09:47 How and when to start the money talk13:19 Who pays the dinner bill?16:25 The 3 ways to approach finances in relationships25:30 What if things get emotional?29:27 How to set achievable financial goals32:00 So what exactly are we supposed to discuss?35:30 Tips for women with joint investment accounts39:40 Financial red flags to keep an eye out for46:33 What is financial freedom to Stephanie48:21 Stephanie on how to achieve financial freedomEpisode Resources:Book a complimentary 20-min Discovery Call with StephanieWolfe Collective Wealth WebsiteStephanie Wolfe Instagram and ThreadsSupport the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads

Have you ever been in a position where you got a salary increase (yay!), but also start spending more on the things you suddenly feel the urge to splurge on, like getting a car upgrade or eating out in nice restaurants often? That's called lifestyle inflation, and in this episode, In Her Wallet host Sofiia dives into the discussion on how our desires for luxury and indulgence can sometimes lead to financial challenges and hinder our long-term financial well-being.Tune in and join this episode as Sofiia explores the intersection of expensive taste, lifestyle inflation, and pursuit of financial stability.*Watch this episode in video format on YouTube*Key takeaways:00:00 Welcome to Episode 2602:00 What is lifestyle inflation04:43 Desire to upgrade lifestyle07:26 How we compare ourselves to others10:57 Long-term consequences of lifestyle inflation13:47 Common signs of lifestyle inflation16:04 Practical tips to avoid lifestyle inflation19:59 Building a sustainable lifestyle22:31 If you have an expensive taste...Support the showThank you for listening! If you like the show, please leave us a 5-star review and follow us on your podcast platform of choice. It's a free way to support what we do and help us grow to reach more women on path to financial success. Subscribe to In Her Wallet on YouTube In Her Wallet Instagram, TikTok and Threads