15 -The -55°C Survival Guide: Hidden Costs & Why a $50 Shirt Costs More Than You Think cover art

15 -The -55°C Survival Guide: Hidden Costs & Why a $50 Shirt Costs More Than You Think

15 -The -55°C Survival Guide: Hidden Costs & Why a $50 Shirt Costs More Than You Think

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In this episode of TGIF - Two Girls Investing Friday, Jess & Colleen discuss their personal experiences with extreme winter conditions in the Yukon and the financial implications it carries. They talk about the increased costs related to vehicle maintenance, fuel, and children's winter gear, providing a real-world perspective on unexpected expenses. The conversation also delves into the concept of the value of a dollar, highlighting how saving and investing money can compound over time, significantly increasing its potential value. The hosts share practical tips on how to shift one's mindset towards more mindful spending and the long-term benefits of investing. As a teaser for the next episode, one of the co-hosts promises to reveal the detailed costs of an upcoming trip to Kenya and how she budgeted for it.

00:00 Introduction to TGIF: Two Girls Investing Friday

00:34 Surviving the Yukon Cold: Vehicle Challenges

01:55 Fuel and Maintenance Costs in Extreme Cold

04:57 Winter Gear and Family Expenses

11:09 Bus Cancellations and Winter Challenges

12:53 Financial Planning for Unpredictable Expenses

14:09 The Value of a Dollar

16:34 $50 Spent vs Invested

18:40 Make Your Money Work For You

21:23 Share With Us Your Win of The Week

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