Jessica Moorhouse is one of our 30 Inspirational Women in Canadian FinTech and Finance!
Jessica (@jessi_moorhouse) is an Accredited Financial Counsellor Canada professional and millennial money expert. She also hosts the Mo’Money Podcast, which promotes financial literacy and has been downloaded over 400,000 times. Here, she shares her best financial advice, opens up about her impressive career, and honours the women who inspired her along the way.
What are you most proud of accomplishing in your career?
JM: I don’t know if I can choose just one thing, because my career has been a very windy and unpredictable one, but I wouldn’t change a thing. I guess, I’m most proud of bouncing back after failure or pivoting when something isn’t working anymore. That might be why I went from being a filmmaker, to working in sales for in the newspaper industry, to working in digital marketing at a corporate law firm, to now working for myself as a full-time financial literacy content creator and financial counsellor. To sum up, I guess I’m most proud of my adaptability and taking risks!
Who were the women that served as role models in your life?
JM: In my life, definitely my mom. As I’ve grown older, I can truly appreciate all the sacrifices she made to raise my and my sisters into strong, independent, intellectual women. In my career, my first mentor was my boss in my first full-time job. She demonstrated how to not take any s**t, how to get the job done, how to juggle a career and family, and also how to handle some really tough personal trauma without falling to pieces.
What was the best financial advice that you’ve ever received?
JM: Never spend more than you earn. If you don’t have the money, then save up until you’ve got it. I learned this in my grade 7 math class when our teacher just started talking to my class about the perils of being in debt. It had nothing to do with what we were studying at the time, but that’s probably why it’s stuck with me all these years. And since that day, I’ve stayed far away from debt. The only times I’ve been in debt were in my last year of university when I had to get a $5,000 student loan to pay for my student film, and right now with the mortgage on my townhouse. But other than that, I don’t ever plan to use a line of credit or take out a loan. If I want something, I’m patient and save up for it, that’s it.
Thanks for sharing your story, Jessica! To learn about more finfluencers, check out30 Inspirational Women in Canadian FinTech and Finance.