More Money Podcast - 169 How to Make Big Change with Your Spare Change - Leena Patidar, Founder & CEO of Coin Up

Episode Date: September 26, 2018

Want to find a way to automatically donate money to charity without affecting the rest of your budget? Check out my interview with Coin Up founder & CEO Leena Patidar all about how you can make big change with your spare change. Long description: The other week, a member of my Facebook group asked how people automate (or try to automate) their charitable giving. Well, talk about good timing because for my latest podcast interview I have Leena Patidar on the show, and she’s the founder and CEO of Coin Up. It’s literally an app to help you automatically give money to charity without you having to put much effort in, but still giving you those handy charitable tax receipts and making you feel like you’re doing some good in the world! As you’ll find out in the interview, Leena is a serial entrepreneur with a killer resume. She could honestly have continued her career and become a very successful and high paid CEO if she wanted to, but giving back was always something that she was passionate about. So, she eventually developed Coin Up, the merging of her passion for giving back to those in need and her entrepreneurial skills. When I heard about Coin Up and Leena’s story, I was so excited to have her on the show. Giving back and donating to charity are often overlooked when talking about the elements of personal finance, but giving back really should be a line item in your budget. You don’t have to donate a lot either. Although many people follow the tradition of donating 10% of their income to charity, I’ve always believed that you should just give whatever you can afford. It can be $50/month, or $5/month. Giving anything is better than not giving anything at all, so I challenge you to take a look at what charities are out there that speak to you, and make room in your budget to donate a sum to help them with their services. How Does Coin Up Work? You’ve probably heard of apps that help you add small additional amounts of money onto your debt or into your investments? Usually how those apps work is every time you make a purchase with your credit or debit card, a percentage of that amount you spent will also be taken out of your savings or chequing account and put onto your debt or investments. It’s basically a way to automatically accelerate your financial goals without you really noticing. That’s similar to how Coin Up works too. When you sign up with Coin Up, it will round up your everyday credit or debit card transactions and will donate that spare change to your selected charity every month. For more info on how to set it up, check out Coin Up’s FAQs. Who Can Use Coin Up? Currently the app it’s only available in the U.S., but Leena mentions in the episode that they hope it will be available in other countries like Canada very soon. How Do I Download Coin Up? You can either download the app from Apple’s app store, or you can sign up on their website. Right now, the app isn’t available for Android. For full episode show notes, visit https://jessicamoorhouse.com/169 Learn more about your ad choices. Visit megaphone.fm/adchoices

Hello, hello, hello, and welcome to Episode 169 of the Mo Money Podcast. I am your host, Jessica Morehouse. Thanks for joining me for another episode. This one, hopefully, will inspire you because after recording it and then listening to it again when I was editing it, I got super inspired. And this one is all about giving back, being charitable, and basically doing something a bit different with your money. I know on the podcast, we talk a lot about saving money. I never really talk about couponing, so I don't know why that came into my head. But we talk a lot about saving money and investing money, spending money, managing your money. We don't talk enough about giving away your money to people who

really need it. We need to help each other in this crazy, crazy world. And for me, it is something that's always been part of my life growing up. We always made charitable donations a part of kind of our family, our tradition. you know, and then I kind of brought that into my adult life. And, you know, at some times I did, you know, kind of regular donations, sometimes I would just save up money throughout the year and then do one big donation. But it's not something that I think a lot of us, especially in the personal finance community, talk about enough, because when you think about it, we talk a lot about money in terms of how it's going to help us, not so much how it could help others. And I feel like we're all in this together. We're

all in this world together. We need to help each other out. And it's important to have that line item in your budget for kind of charitable donations giving back. And so for this episode, I am talking to Lina Patitar. She is the founder and CEO of a new app that is pretty nifty called CoinUp. It is all about giving back, but in kind of really small donations that kind of add up into a big impactful donation. So, you know, there's lots of apps out there that, you know, will round, if you make a purchase, then they'll kind of round up the cent or dollar or whatever to the next level and then use that money to invest it for you. I'm not explaining that correctly, but you know what I'm talking about. CoinUp kind of does the same thing, but instead of taking those kind of extra

cents or dollars and putting towards your investments, it puts it towards a charitable donation to a charity that really needs your donation. So you hardly even notice that you're making a charitable donation. But at the end of the year, you're like, Oh, wow, I've actually made quite a big impact. And yes, you can get a tax receipt. So I'm going to be talking to Lena about all this and more coming up just a few words right now about this episode's sponsor. This episode of the MoMoney podcast is supported by Vanguard Investments Canada. Unless you've been living under a rock, then you've probably already heard of Vanguard. Vanguard is one of the world's largest

investment management companies and is one of Canada's leading providers of affordable index ETFs and actively managed mutual funds. Not only that, you've heard me talk a lot about index funds on the podcast, right? Yeah, well, Vanguard launched the first ever index fund in 1976, changing the investment landscape forever. Vanguard is on a mission to keep costs low. Lower fees on mutual funds and ETFs means more money in your pocket as an investor. There's even a thing called the Vanguard effect, which is when Vanguard sets up shop in a new country like Canada, and they help drive down costs in the investment industry because no one can compete with their low fees.

Since they opened their doors in Canada in 2011, the industry's average MER on ETFs went from 0.44% to 0.37%. That may not sound like a lot, but it actually equates to saving Canadian investors tens of millions of dollars per year in fees. I'm also a proud Vanguard investor myself, holding a number of their low-cost ETFs in my own investment portfolio. To learn what funds I hold and more about Vanguard Investments Canada, check out my blog post all about them at jessicamoorehouse.com slash Vanguard. Or head on over to VanguardCanada.ca for info on their funds, how to start investing, and how you could save thousands of dollars on fees by choosing low-fee funds for your investment portfolio. Once again, visit VanguardCanada.ca.

Well, thank you, Alina, for joining me on the Momente podcast. I am so excited to chat with you for this episode of the show. Well, thank you so much for inviting me. It's great to be here. You are so welcome. I love talking to interested entrepreneurs. Yes, yes, absolutely. So you are currently the co-founder and CEO of CoinUp, which is an app,

and we'll get more into that later in the episode. But I really want to get to know you a little bit more because I always like having female entrepreneurs on my show, especially in the tech and finance space because they are unicorns. There's not a lot of them. So I would love to know how you got into this space. Was this something that you were always interested in or how did this come to be? Yes. So basically out of college, I was a CPA and one of my first jobs was auditing at Citibank. So I've been in the banking world for a long time. And because of that, one of my first jobs was auditing at Citibank. So I've been in the banking world for a long time. And because of that, one of the first things I worked on back then was the internet banking process, like how somebody was actually going to start working, you know, using internet bank in

their daily lives. And it was such a precursor to what the way we use banking now, you'd almost laugh if you saw, you know, the differences and what we tried to build back then versus what's happening now. Yeah, the internet didn't even exist. It's like, well, maybe it did, but not, you know, commercially. Yeah. And so yeah, we're building these internet banking screens. And ever since then, I've just had a real passion and love for FinTech. And, you know, being an accountant and having a CPA background, it's like, you know, the audit trails, the compliance, all of that and having a CPA background, it's like, you know, the audit trails, the compliance, all of that behind it is really interesting to me. And then just the technology, what makes things possible. So yeah, I've kind of always been in that arena. And, you

know, I kept it kept stayed within the banking field for a while, went to business school, and then also stayed in the finance world for quite a bit. But then I started diverting to the entrepreneurship world out of that. So I've been an entrepreneur now for almost 15 years. Oh, wow. And CoinUp is actually my sixth startup. Yeah. Oh, wow. I'd be so curious to know what some of the other businesses you were involved in before CoinUp. Six, that's a lot. Were they all like in kind of the same sphere or were they kind of in different kind of aspects of FinTech or just technology? Yeah. So I would say the common thread has been innovation to some degree, like, you know, being innovative in different industries.

But the other, and the other common thread has been kind of compliance. So coming from the financial tech world, there was a lot of compliance. I also did a lot of healthcare work in, well, healthcare industry work. And then, yeah, now we're doing nonprofit work. So all really highly regulated fields that do require quite a bit of compliance and they, you know, real demand for technology, but they're kind of industries that also adopt technology the latest because they're the most risk averse. Right. And there's a lot of different industries I can think of. I come from a background in the legal world and they are like the last to like join everything. Right. Exactly. Very similar. Yeah. So since CoinUp is your sixth business, how did you come up with the idea? It says you're a co-founder, so you obviously worked with a partner. How did this kind of come about? How did you get the idea for this app? And then

we can kind of go more into this app because I think it's a really, really cool idea. Yes. So basically, we were thinking of different ideas. We love the social entrepreneur space. We were thinking, what can we do different? And there was a lot of inspiration, right? There was the roundup and donate at the grocery stores. There's been the spare change in a jar concept, you know, Ronald McDonald, that McDonald's does at their cash registers where you drop your loose change into that canister. And just doing research about, you know, what else is out there. And I noticed there was no donation apps. Yeah. Like, why isn't there a donation app? And you know, why haven't we built this yet? I mean, millennials, the most giving generation ever, and not just millennials, but even, you know, the younger

generations in general, the nonprofits are trying to connect with them. But of course, everyone's on their phone, and there's no platform yet, you know, no bridge between the nonprofits and the younger generations. So just started, you know, researching that and then started thinking, okay, let's see what this looks like, spare change in a jargon digital, and sort of building it, creating it. Went to Apple, and Apple basically said, oh, well, we don't accept mobile donation apps. And this was after we'd spent like a year building it and putting together the technology and the idea and, you know, forming the company and all this stuff.

And, like, what do you mean you don't accept mobile donation apps? Yeah. Like, well, it's a highly regulated industry. You know, there's a lot of, you know, we haven't really looked into what it's going to take to, you know, ensure that these charities are authentic, to ensure that donations are going to the right place. There's a lot of issues within Apple.

And they usually normally will approve an app within a week yeah a few days for us it took about three and a half months I spent months talking to their legal department their policy department all different departments to really find out what their issues were and how we could address them all and you know because I come from that world I built a lot of audit trails and transparency into our our model here and I think they really appreciated that. And we're asking, how did you think of this? And how did you do that? And, you know, we had some great conversations and I think ultimately they were like, you know what, you're the first donation app that we're officially approving because this is great. And you've done it kind of the way that, you know, we can understand it and put it out

there. So that was huge. And that happened in August of 2016. Oh, wow. So it's been around for over a year, a year and a half. Yeah. Wow. So that's interesting. I had no idea. And it's true. It's like, I think when I heard about this app, like, oh, I don't know if I've heard of any other apps that do the same thing. I guess that probably answers my question. That's why. So why, I guess I have several questions about this app. My one thing is I am all about giving back. I've tried to integrate that into my lifestyle since an early age.

It's been something that my family does. So it's something I always wanted to make sure always giving back in some way, donating to a charity once a year is kind of what I try to do. Um, but one thing I always try to look out for too is, you know, in terms of choosing what charity, um, to donate to one thing I look for is like, Hmm, for too is, you know, in terms of choosing what charity to donate to, one thing I look for is like, hmm, if it's, you know, a respectable charity and everything like that, is there also, you know, some kind of tax benefits? I know in Canada, you know, you can speak to the US maybe, but in Canada, you know, there are some tax credits. So if you, it's a way

to encourage people to donate money. Is there any kind of incentives or anything like that with their app? Right. So to answer all your questions, in terms of choosing a charity, you're right. It's a really hard thing to kind of identify when you're just starting out, you know, giving to an organization, you know, you want to give and you're not sure which organization is the right organization. You may be passionate about veterans or children or the homeless, but you don't really know an organization that's collected around there. So one thing that we do in the app is that you can actually choose your charity

by your zip code or by a category. So you can say, oh, I'd like to choose a children's charity in 92130 zip code or whatever zip code you might be in. And we actually will show you those charities and you can learn about them because we provide you know a picture from them a snapshot of them in terms of you know what they represent and their mission statements so you can spend a little time going through that we have 200 charities right now to pick out you know choose out of so we really want to give everyone a great choice the other thing we do is we do

check the charities background before we onboard them. So basically we're vetting all the charities to ensure that they meet certain compliance standards before we bring them onto the app. So when you do choose a charity on the app, you can be pretty confident that it's a charity that's been around for a couple of years. They are an official 501c3,

and you will receive a tax donation receipt at the end of each year that you can use for your taxes as you were just mentioning yeah that's good yeah i know i'm sure most people don't really care about that aspect but for me i always care about no you know everyone asks that oh yeah everybody asks that all the time you want to do good but you also if there's some tax you know benefits you know that's it okay good that was like one of my questions because yeah okay well that sounds that sounds amazing so you you mentioned, yeah, some of the tax laws are changing right now in terms of the tax deductions. But historically,

it's been if you if you donate $250 or more is when you really need a tax receipt. And, you know, in most cases, this app, you know, doesn't necessarily go much beyond that, you know, for most of our customers, but people still really want it. I think it's, it's an official like approval, you know, a seal of approval that you've done the donation into the right organization. Definitely. So we're happy to provide that. Yeah. How much in general do people donate? Do you find using the app? Well, a lot of people, you know, will say unlimited, just all my spare change all month long, you know, I just donated all. And I would say, otherwise the average is kind of around $25 of what people set as their monthly cap. So I actually walk me through a little bit how the app works. It sounds familiar. Like it sounds

very similar to other apps that, you know, kind of take some kind of spare change from, you know, money that you have in an account with them. And they use that to either like put it into a special savings account or put it into an investment account. You're kind of doing it where you're taking that kind of extra money that they probably won't notice anyway. You're kind of just rounding up some numbers and then using those funds to make some charitable donations. Right. So the best way to wrap your head around it is to think of spare change and a jargon digital. So instead of using cash, we're all using our credit cards and debit cards right now.

So how do we create that for the digital world? So what we've done is we basically created this app where you can link your credit card or your debit card and set a monthly cap. And of course, the first thing you do is pick a charity of your choice. So once you've linked your card, we can round up all your transactions all month long. So whether you're at the grocery store or a coffee shop or, you know, just shopping for clothes, if you spend, you know, let's say $70.02, we can round up $0.98.

Or if you spend $12.10, we can round up $0.90 the next dollar. And all that spare change keeps being added up until the end of the month. And at the end of the month, we take the accumulation of that spare change compared to your monthly cap. We'll never go over that. But we donate all that spare change to your charity. So if your cap is $20 and you've hit $19.22 in spare change, we only deduct 19.22 from your credit card and it goes directly to your charity of choice each month. So another question too is, does this app have any kind of, can you link different bank accounts or do you have to have your funds in this app? No. So it's literally, we charge your credit card or debit card at the end of the month. Gotcha. Oh, okay. Oh, yeah. There's no fund where we hold

it. We don't collect interest on it. We don't have an escrow account or a hold or anything like that. Okay. Your card at the end of the month, you know, 85% of that will go directly to your charity. And I don't know if you're going to talk about this, but the fees point up to 15% of every transaction. So that's how it works. But it happens seamlessly at the end of every month and directly to your charity. Okay. Sorry, you mentioned the fees. Sorry, can you mention that again?

Yeah, sure. So we collect a fee of 15% on every transaction. Right. And that's because we want to create a sustainable company. We're creating a platform that we want our nonprofit partners to be able to depend on. So we need to create the company behind it that can just at least operate on the operations to provide that service for them. So the national cost of fundraising is 25%.

Other fundraising might be 20% or whatever. But at 15%, it was a number that we felt we were being fair in terms of what we could offer the charities while still running a sustainable business. And, you know, we did a lot of research and spoke to a lot of organizations before we went in on that. But ultimately, yeah, you know, we brought 200 charities on board that are very comfortable with that. Yeah. Yeah. I think it's what I think really attracted me to it was just that like being a millennial and I was actually a couple of weeks back on the news and we were talking about, um, how, uh, millennials compared to baby boomers in general, aren't donating as much to charity and kind of discussed why is it because they're not earning as much they don't have as much you know kind of uh money to toss around or

is it just because it's not super accessible i mean uh a lot of you know good charities these days you know you you have to find them online and then usually the only interaction i i mean for some of the charities that i've donated to like a couple years ago they send me mail still like it's very kind of old school. They haven't really, you know, up with the times digitized and stuff. So this is kind of the only way that I've really seen,

Oh wow. They're actually going digital. And one of the points we kind of talked, talked about on TV was that the kind of charities that especially younger people are becoming more aware of are the ones that do have some sort of, that are a bit more, you know, savvy when it comes to technology or social media, like the Ice Bucket Challenge that went viral. And now we all know a little bit more about ALS. And so it's exciting to see that there's, you know, stuff like your app that is kind of giving

a voice to these charities that probably most people don't even know about um what are you really good point yeah what are your kind of thoughts on on some of that and just like you know what charities need to do to kind of you know become more um represented and more known i mean i think you're hitting the nail on the head that if you know if you don't start connecting with um the younger generations where they're at, you'll miss out on them. And of course, they'll start connecting with the charities that do. So it's in the nonprofit's best interest to create these relationships with these younger ages. So as they do accumulate wealth and get to a point where they can contribute significantly, they've already built these relationships inherently, you know, by starting out when they were young. So there is definitely an undercurrent going on of, you know, what you're

saying and why we've come to be. We definitely want to be that bridge. And there's no cost for charity to sign up. So they just go to our website, right, coinupapp.com, and they can fill out the information and register with us and there's no commitment yeah no absolutely there's no commitment and it sounds like this is a great way for especially if they do want to kind of hit those uh younger people just promote the app because it's an easy entry point um so i kind of want to talk about some of the different charities that you do have involved what are some of the charities that you and then are they kind of across the board just very different do are they you know certain the board, just very different? Are they, you know, certain categories?

Yeah, it was really important to us that before we went strong on bringing donors on board or customers on board and users, we want to make sure we give them a really great choice of organizations, right? So first of all, in terms of what type of category they'd be interested in, but also in terms of where they're located. And then also large to mid to small size charities. So we have so many local charities, you know, across the country, whether it's New York or Texas or California, we've got several local charities. We have mid-sized charities.

So, you know, for example, Challenge Athletes Foundation is one of our mid-sized charities. That's really big here on the West Coast. And then we have national charities like Boys and Girls Club of America and March of Dimes and Hucker International that are also on board. So we've kind of got a good offering now. So it should be something everyone likes. And if they don't, we also have the potential where you can add, you know, a charity that you'd like to see on the app. Oh, that's good.

And we will try to bring them on board. Yeah. Oh, that's awesome. That's so cool. So what do you really want people to know? I guess I'm really curious, like, why is this such a big passion for you? Especially like, you know, this isn't exactly you could probably be making a lot more money if you did like some other, you know, tech app or whatever. Why was this so important for you to co-found and, you know, really take charge of? You know, of course, like for me, financial return is just one part of the equation, but not the most important thing to me. I just think if we can create a business where we're giving back and we're benefiting nonprofits as our customer it's just

such a I don't know such a such a better way to feel rewarded and fulfilled with what you're doing creating a social impact company just has become so inherent to me I mean the more I researched it the people I meet in this arena when I see what the nonprofits do and how much they give of their own time and effort and everything it's like I feel like it's all of our responsibilities to help fundraise. So the people who work at the missions can actually execute the mission and not worry about the fundraising. You know, why should they be fundraising and executing on the mission? We should all be contributing however we can. And maybe, you know, if we can't do time right now, at least you can contribute a few dollars a month through spare change. It just makes it, and the power of spare change is immense,

right? Organizations like March of Dimes. So March of Dimes started collecting spare change in 1938. Franklin Roosevelt started that organization to eradicate polio. And over the years, they finally did that. They collected enough spare change, hundreds of thousands of dollars, millions eventually, and eradicated polio through their concept. Yeah, that's super powerful. And I think it is something, especially in the world of personal finance, I think giving back and donating is always kind of the last thing on the list when it comes to like, you know, you got a budget, you got to invest your money, you got to pay down your debt. A lot of people kind of leave, you know, being charitable kind of at the end of the list. But as we, especially younger people get older, we are going to realize that we need to, otherwise these charities will not stay afloat. So it's really up to us for us to continue to

fund and it's kind of our duty. And I think a lot of people have the misconception that you have to have a lot of money or you have to do a big lump sum where that's kind of not the case at all. Anymore. I think like you said before, there hasn't really been the catalyst to create some of these opportunities for A, younger generations you know, lower levels of participation, because, you know, it's not easy to write a check for $10 a month. It's not something you remember or think about all the time. But then on top of it, you know, I don't think the younger generations own checkbooks. Yeah. So is that going to happen? I have a checkbook and I use it maybe once a year. Right, right. It's really interesting.

It's a different dynamic going on. And I think we have to adapt to that and provide solutions because, yeah, these nonprofits are really doing amazing work, you know, throughout the world. And we want to make sure we can support them. And honestly, it's just such a great place to live and work in my head every day. You know, I get to be surrounded by this and be in this really authentic place. And that means a lot to me. Absolutely. So what are your plans to grow kind of your organization? Is it going to eventually be a global thing? Yeah, we get a lot of international demand.

So many people and organizations are just waiting for us to go international. So that's something we definitely would like to do in the next year or two. It's a matter of really having the connections out there, you know, finding the right groups to partner with, because again, we want to make sure that the charities are authentic and that we understand the regulations, you know, each of those countries before we evolve that way. Yeah, definitely. Awesome. Well, Lena, before I let you go, where can people find more information about the CoinUp app? Oh, yeah, definitely. So you can go to our website, coinupapp.com. So it's C-O-I-N-U-P-A-P-P.com. So you can also do a web registration. If you don't have an iPhone, you can also just register through the website. Okay. So is it currently only

available on the Apple store for iPhone users? Well, yes, but you can also use the website. Right. So anyone can go on the website, but it's mobile friendly. So if you have an Android, you can still go to the website. Oh, perfect. Oh, great. And it's a mobile friendly version. Yeah. So we made it available to everybody. Oh, good. That's awesome. Great. Yeah. Well, thank you so much, Lena, for taking the time to chat with me. I think what you're doing, your initiative is really great. And I hope it kind of inspires some people to maybe look at their budgets and see if they can add an extra category for donations if they don't already have it and use your app to do it seamlessly. That'd be great, Jessica. Let's get everyone on board.

Yes, definitely. Thanks. Thank you so much. And that was episode 169 with Lina Padtar. She is the founder and CEO of CoinUp. Check them out, coinupapp.com or go to the Apple Store and download the app yourself. But again, if you don't have a, you know, Apple device,

you can just do it on their web page. It's mobile-friendly, super easy. Currently, the app is only available to U.S. residents, but it says on their website that they have plans to open it up to other countries, hopefully Canada very soon. So hopefully in 2019, there will be some kind of new information about that. Still, if you are a U.S US listener, this is definitely something you should look into, especially if you feel like you can't afford to, there's no room in your budget to give back. This is a way that I think will help you with that. Because again, it won't be something that you hardly ever notice, but it will have a big impact. So definitely check it out, coinupapp.com. And hopefully, for all my Canadian listeners,

me included, I really hope this episode kind of inspired you to see what kind of charity or what kind of nonprofit you want to maybe donate some of your dollars to. I know I've worked with nonprofits. I've donated to a lot of charities over the years. And I do know that they really do need that money. They really do depend on donations. So I don't know, even just like $100 a year is better than $0 a year. So I don't know, just just take a think and do some research and see what charity you want to support and you want to help. And yeah, so that's that's your homework for the episode. Okay, do it. Just do it. Okay, just a few little announcements and things to share after this in a second. But please stick around. Just a few words I want to share about this episode's sponsor.

This episode of the Mo Money Podcast is supported by Vanguard Investments Canada. Want to start investing but also want to avoid paying crazy high fees? Or maybe you're already investing but hate that the fees you're paying are eating up a huge chunk of your returns? Then you may want to consider Vanguard's low-fee ETFs or actively managed mutual funds instead. Vanguard is one of the world's largest investment management companies and is one of Canada's leading providers of affordable index ETFs and actively managed mutual funds. Curious how they're able to offer funds with some of the lowest fees around? Well, rather than being a publicly traded company or owned by a small group of individuals,

Vanguard is owned by its U.S. domiciled funds and ETFs, and those funds in turn are owned by their investors. That means that Vanguard investors don't have to worry about the company being acquired one day and can rest assured that Vanguard's only priority is offering low-fee funds so their investors can build their wealth even sooner. To learn more about Vanguard Investments Canada, check out my blog post all about them at jessicamorehouse.com slash Vanguard. Or head on over to VanguardCanada.ca for info on their funds, how to start investing, and how you could save thousands of dollars on fees by choosing low fee funds for your investment portfolio. Once again, that's VanguardCanada.ca. All right. So announcement time. I have not done a webinar for some time. I feel like the last one I probably did was last spring

for tax season, which was so much fun. I'll definitely do another one about taxes. It was just like, I don't know. It was super fun. I just love taxes. But this one is not going to be about taxes. This webinar I am going to be doing very, very soon, in a few weeks, October 10th at 7pm Eastern Time. It's all about side hustles. So I've been doing a number of in-person presentations and workshops about side hustles around Toronto, and I've been loving it. I've been getting some really great feedback. I just love giving this presentation. But I realize a lot of y'all do not live in my hood of Toronto. You live everywhere. You live all over the world. So I want to invite you,

if you're interested in side hustles, if you're interested in learning how to make some extra money on top of your day job, which is exactly what I did and eventually turned my side hustle into my full-time job. If you want to learn how to actually do this, what is the side hustle? What are some steps, some action steps that you can take to actually get started? Then you're definitely going to want to check out this webinar and sign up for it. All you have to do, go to jessicamorehouse.com slash side hustle webinar, or you could very well just go to the show notes for this episode, jessicamorehouse.com slash 169, y'all. But make sure to sign up. There's limited seating. It's weird because it's virtual, but just like there's just a cap on it just because that's the program I use. There's limited seating. It's weird because it's virtual, but just like there's just a cap on it just because that's the program I use. There's a cap. So make sure to sign up for this webinar

before all the spots are taken because it's going to be a good one, inspiring, educational, not going to want to miss it. Also, it's free, so why not? So again, jessicamorehouse.com slash side hustle webinars where you can sign up and it's going to take place October 10th. That's a Wednesday at 7 p.m. Eastern Time. That's kind of the big announcement. I'll be honest. But I always like to continue the conversation, see what's happening with you. So make sure to, of course, join my Facebook group, first and foremost, if you're not already in there.

It's free. Again, there's like 1,500 people in there, a lot of amazing, awesome people. There's no jerks, no jerks allowed. It's a no-jerk group. And it's just about supporting each other, educating each other, lifting each other up. And so we can all become more financially literate and empowered and confident. So make sure you go to facebook.com slash groups slash Money Life Bounce. Get yourself in that group. Do it. You're going to like it. Last but not least, to make sure you do get as much information about what I'm up to at all times, you're definitely going to want to get on my weekly newsletter list because there's a lot of things that I do not share on the podcast

because I just don't have time, basically. I'm a busy lady. And a lot of things just happen pretty quick. So there's, you know, I do pre-record a lot of these episodes. So make sure to go to jessicamorehouse.com slash subscribe to get on the list. And also by doing so, you can also get access to my full free resource library. So all the kind of resources, opt-ins that I've created over the past couple years, you can just sign up and get them all for free and download them. So yeah, just saying, just saying. Okay, that's a lot. That is a lot. I have a lot of work to do to prepare this webinar. So I hope to see you there. But I also hope to see you back here next Wednesday because I'll have a fresh new episode you're not going to want to miss. So

thanks for listening and I will check you back here. See you back here next Wednesday. This podcast is distributed by the Women in Media Podcast Network. Find out more at womeninmedia.network.