#4 — Jessica Moorhouse: How to Take Control of Your Relationship with Money

Our guest this episode is Jessica Moorhouse—a Canadian personal finance creator, host of the “More Money Podcast,” and soon-to-be-published author of the book “Everything but Money: The Hidden Barriers Between You and Financial Freedom.”

In this episode Dave and Jessica discuss how our emotions and past experiences affect our relationship with money including bad financial habits people learn from their parents, biases that get in our way, why the financial industry benefits from making it seem more complicated than it is and much, much more.

Don’t miss this engaging discussion with Jessica Moorhouse.

Show Notes

00:00 – Introduction

00:56 – Jessica's Background

03:21 – How Jessica's Podcast Started

05:51 – Jessica's Upcoming Book

11:43 – Bad Money Habits We Learn From Our Parents

15:34 – Money and Shame

17:18 – How to Take Control of Your Relationship with Money

19:07 – Status Quo Bias

22:15 – Anyone Can Learn to be Good With Money

24:33 – Overconfidence Bias in Young Men

27:02 – Women and Investing

29:02 – Emotions and Investing

31:51 – Index Investing & Fintech

33:51 – Focus on What You Can Control and Don't Give Up Hope

38:10 – Living in Toronto

40:37 – The Best Financial Educators Are Truly Trying to Help

43:55 – Happiness and Financial Planning

46:39 – COVID

49:18 – Where to Get Jessica’s Book