Investing made simple: The basics you need to know

When it comes to investing, I used to have no idea what I was doing. I would give my husband access to my funds and put my trust in him. However, I recently decided I should start to learn a thing or two about investing, since it is one of the smartest things anyone can do with their money.

 By investing in assets that will produce income, you are setting yourself up for a more secure future. However, before you start investing, there are some basics you need to know. I wanted to share some important concepts that I have learned about investments and a foundation of knowledge that will help you make an informed decision about your money. 

Compounding

Compounding is the process of earning interest on your investment, as well as on the interest that has been accumulated over time. This can be a powerful tool for building wealth, but it only works if you reinvest your earnings back into your investment. For example, let’s say you have an investment that pays you $100 in interest each year. If you reinvest that $100, then the next year, you will earn interest not only on the original investment but also on the $100 from the previous year. This can quickly snowball into a large sum of money over time. Compounding is one of the most important concepts to understand when it comes to investing, yet it is often misunderstood or overlooked by novice investors. When you are first starting out, it can be tempting to cash out your earnings and spend them. However, if you want to build wealth through investing, you need to let your money work for you by reinvesting it.

 

Risk and Return

All investments come with some degree of risk, which is the chance that you could lose money. In general, the higher the potential return on an investment, the higher the risk. For example, investing in stocks generally has a higher potential return than investing in bonds, but it also comes with a higher degree of risk. Before making any investment, you should always consider your risk tolerance. This is your ability and willingness to lose money in pursuit of a higher potential return. If you are someone who is comfortable with taking on more risk, then you may be willing to invest in assets like stocks that have the potential for high returns but also come with a greater chance of loss. On the other hand, if you are someone who is not comfortable with taking on much risk, then you may want to invest in assets like bonds that have a lower potential return but also come with a lower chance of loss. No matter what your risk tolerance is, it is important to remember that all investments come with some degree of risk.

 

Diversification

Diversification is a risk management technique that involves investing in a variety of assets in order to offset the risk of loss. By investing in a mix of asset types, you can minimize the impact that any one investment may have on your overall portfolio. For example, if you invest only in stocks and the stock market crashes, then your entire portfolio will lose value. However, if you have a diversified portfolio that includes stocks, bonds, and other assets, then the crash in the stock market will not have as big of an impact on your portfolio’s value. Indices are a type of investment that can offer diversification and help manage risk. Diversification is an important tool for managing risk, but it is not a guarantee against loss. Even a diversified portfolio can lose money if the markets decline sharply. However, diversifying your investments can help to reduce the overall risk of your portfolio and make it more likely to weather market fluctuations over the long term.

 

These are three key concepts that every investor should understand. Compounding, risk and return, and diversification are important tools that can help you build wealth over time. By understanding how these concepts work, you can make informed decisions about your money and invest with confidence.

 

5 Essential ways to take care of your physical health

Every since becoming a mom things have gotten quite hectic to say the least, and sometimes it’s really hard to find enough time in the day to get all my chores and tasks done. It has become easy to let my physical health slip. It’s not always easy to find time for the gym or make healthy meals from scratch let alone with a baby to take care of. However, taking good care of your body is just as important as taking good care of your mind. Here are five ways you can take better care of your body and feel great about yourself.

Exercise regularly

Exercise is one of the best ways to stay healthy, with multiple benefits. It can reduce the risk of heart disease, stroke, diabetes and certain cancers. It can also help reduce stress and improve your mood. Exercise can take many forms, so you don’t have to join a gym. Instead, you can go for a walk, swim, ride a bike or do gardening or housework. If you are new to exercise, start slowly and build up. You don’t want to injure yourself. If you have health issues, check with your doctor about the best types of exercise for you.

 

Make your own meals and eat together as a family

Healthy eating is an easy way to stay healthy. Make your meals from scratch, rather than buying processed or junk food. You will know exactly what’s in your food and what’s not. If you have children, make mealtimes a family affair. It’s a great way to bring your family together and get everyone talking. If your children are old enough, get them involved in making their own meals. This will help them learn about healthy eating, which is essential, as teaching your child about healthy eating from a young age will help instill good eating habits in them. It is also vital to make your own meals, as you know exactly what is going into your food and what isn’t. You can use organic produce, free-range eggs, and low-fat, low-sodium ingredients.

 

Use alternative healing therapies

Sometimes we get so busy that we don’t even notice how stressed we are. Stress is terrible for our health and happiness, so it is essential to find ways to manage it better. There are many different alternative healing therapies you can use to reduce stress, including yoga, meditation, massage, and even going to physio for specific injuries and ailments. These are all forms of self-care and will make you feel calmer and happier. They are also great for your physical health, easing pain, reducing blood pressure and boosting your immune system.

Get enough sleep

Getting enough sleep is essential for our physical and mental health. It helps us manage stress and improves our mood. It can also reduce the risk of heart disease, stroke and diabetes. If you are struggling to get enough sleep, try a herbal sleep remedy. Make sure you have a peaceful, dark environment and switch off your phone an hour before bed.

Don’t forget to breathe and have some mindfulness time.

This was one that really helped me throughout my pregnancy and now I am working on continuing my breathing practice postpartum. Breathing exercises can help you cope with stress and anxiety. They are great for your physical and mental health. They can lower your blood pressure, reduce your risk of heart disease and improve your mental health. Try having some mindfulness time every day. Use this time to meditate, do yoga or just be still. Use this time to reflect on what you have achieved and what you would like to achieve the next day.

Taking care of your physical health can be just as important as taking care of your mental health. Luckily, it’s easy to do all of these things, even when you’re busy. From going for walks to making your own meals, there are many ways to improve your health. It’s important to remember that you don’t have to do everything at once. Start with one thing, and over time you’ll build a health routine that works for you.

xo

Mia

7 Ways to cope with the overwhelming reality of being a new mom

It has been 5 months since we welcomed our son Max into the world and our lives have changed drastically. While we are over the moon in love with our new family member, it is still such a learning process when you are responsible for the well being of another person. There have been moments where I have felt stressed, overwhelmed, and I am not going to lie, even a bit resentful towards my partner, but the more I talk to other new moms the more I realize that this is completely normal.

I wanted to share some ways I have been able to cope with becoming a new mom that has helped me learn how to enjoy our little bundle of joy.

 

Set Boundaries And Say No

My whole life I have been a yes person, I say yes to everything and find myself overwhelmed and exhausted, so when we welcomed our baby I realized how important it was to set boundaries for yourself and say “no” to things that you can’t deal with right now. Try your best to set some boundaries and politely decline offers that are too much for you at the moment. Or if someone does want to come and see you and the baby, don’t be afraid to ask if they can also help out around the house or with some tasks.  You can’t do everything and be everything to everyone. You have to be realistic about your limitations. Take care of yourself and your baby in your own way. That is your top priority. So do things at your own pace and in your own time.

 

Create Routines For You And Your Baby

At the beginning you are just trying to get through each day and you and your baby are getting to know each other, but as you two get more familiar with one another you can start creating some routines or your family. Routines are perfect for new moms who feel overwhelmed by all the unique responsibilities of having a baby. While it’s important to allow for some flexibility with new routines, you can use them as a guideline to help you get into a more organized and relaxed routine with your baby and your new mommy life. Try and integrate activities that help you mentally, like exercise. And there’s no better exercise than walking. And it’s easy to do as a mom with stroller-friendly walks that get you moving together. 

 

Try Not To Get Too Overwhelmed By All The Advice

There is a lot of advice out there on becoming a new mom. But try to remember that everyone’s different and all babies are different. You have to decide what is right for you as a mom. You’re just a new mom who may be going through some challenges. With that in mind, you should try not to get too overwhelmed by all the advice out there. You just have to do what is right for you as a new mom.

 

Don’t Compare Yourself To Other Moms

This one is extremely hard, especially since where I live in Squamish there are so many young families and it is hard not to compare yourself and how you and your baby are doing.  You may be feeling guilty that you don’t have the same “perfect” life as other moms who are also new moms. Maybe your baby isn’t sleeping through the night, or you are struggling with breastfeeding but that is ok! Do things at your own pace and in your own way. Find what works for you as a new mom and your baby. It’s a journey that all moms go through in their own way.

 

Make Time For Yourself

Becoming a new mom often means that you’ll have less “me” time, if any at all. If you’re feeling this way, take some time for yourself. Find time to take care of your mental health by doing things you enjoy. Time for yourself lets you recharge your batteries and remember that you’re not just a mom. Joining group activities like yoga classes is a great way to take time for yourself and be social. Try signing up for different groups. I love taking an hour to myself even if its mommy and baby workouts where we go together. And don’t be afraid to reach out for help if you need it. I am lucky enough to have my mom in town to let me take some breaks.  

 

Find A Support Network Of Fellow New Moms You Trust

Living in Squamish, I am so lucky to have a wonderful support network. From a great group of other new moms, group activities catered to new parents, and even a medical group called Mountain Maternity that is on hand to help out in the first six weeks, but we are pretty lucky here and so it’s important no matter where you life that you find your own network. Having a support network of fellow new moms that you trust is important for your life as a parent. They can help you feel less alone, stressed and overwhelmed with everything about having a new baby. Try things like joining a mommy and me group or organizing a neighborhood playdate with other new moms in your area.

 

Celebrate The Small Victories

Becoming a new mom is a fantastic journey. But it can also be a bit scary, overwhelming and even frustrating at times. It’s normal to feel stressed and overwhelmed right now. So give yourself a pat on the back. Being a mom is hard. And you’re doing amazingly. Celebrate all the little wins. 

You got this mommas

xo

Mia

Simple things you can do to take care of your child’s health

Being a first time mom is truly the hardest – and most rewarding – but definitely hardest job I have ever had. Since my baby can’t talk to me it is hard to know if I am  doing a good job as a parent, and while most days we are winging it – I know the most important thing I can do is take care of my child. 

It isn’t just about taking care of your child physically, but also taking care of their mental health. Here are some tips on how you can do just that.

Make sure that they attend regular healthcare checkups

One of the most important things as a parent is making sure your child stays up to date with healthcare checkups. In Canada we are very lucky to have regular checkups scheduled, but sometimes issues can come up out of the blue.

What if one day your child complains about a toothache? Well you can look for a dentist near me so that they can have their issue seen sooner rather than later. The sooner you take them to see someone about their oral health, the less likely they will experience further pain. 

Limit their technology use

This one is one that I know will be hard but important. My job as a reporter and my passion as a writer means I spend a lot of time online but I know for my child it is important to find a balance.

Effective safeguarding measures should be put into place on technology. Although you might be fine with allowing your children to play with their devices and use the internet, finding a healthy balance is important because it can impact both a child’s physical and mental health. It limits their time spent outdoors being active and also what they consume online can impact how they think and behave. Hence, with limited use, they can be safer mentally.

This doesn’t mean completely eliminate technology from their lives – but maybe limit what devices they can have. A cell phone for emergencies instead of a gaming console. And on top of that maybe you set boundaries of how much time they can use their devices each week.

Another top tip for limiting technology use is to set safeguard limits for the internet. This will limit what they can search and see, which is for the benefit of their own good and mental health. 

 

Talk to them and open them up

Speaking of mental health, it is crucial to take good care of your child’s mental health so that they can maintain positive well-being and happiness. Plus, good mental health can enhance physical health due to a lack of stress. 

I know I was a little nervous about this when I found out we were having a boy because statistics show it can be harder for men to open up about mental health. So I want to make sure I create a safe environment from an early age where my son feels he can talk to me about anything.

Talking to your children and trying to open them up will be amazing for their mental health. Instead of them bottling up their emotions and issues, they can share them with you to attain a resolution and some support. It can be useful to open up to them first to show them the benefits.

Just know mommas you are doing a great job,

xo

Mia

The truth about birth plans

I remember going into my first prenatal doctors appointment. I was 12 weeks and I asked my GP, ‘when should I start working on my birth plan’. You could tell she was holding back a smirk and responded, not anytime soon.

As my appointments went on the birth plan was always in the back of my mind. We started to get into weekly visits and she still hadn’t told me to start working on my plan and so I decided to be proactive and google how to create a birth plan.

I went through the steps and check marks and filled out the papers. I then sat my husband down and asked if I could discuss it with him so that he could manage it if I was in too much pain. As we went through the list I soon realized that every answer was the same, ‘I would prefer not to have a c-section but if the doctor says it’s the best option then we will do that’. ‘I don’t want an episiotomy but if the doctor says its the best option then I am ok with that.’ Every answer was if the doctor says that is best for baby and me then that is what we will do.

So at the end of the day we left the birth plan at home and just went to the hospital with an open mind. Having said that, I did find there were some positive takeaways from going through the steps of creating a birth plan that I want to share with you.

Ways having a birth plan helped prepare me for labour 

1. It made me do the research 

Before creating a birth plan I had no idea what an episiotomy was. As I went through the checklist I did some research so that I had as much information as possible and knew what could happen during labour. The birth plan gave me the gift of knowledge, which actually gave me confidence going into labour.

2. It taught me some new things

While doing research into a birth plan I learned the acronym B.R.A.I.N. This stands for Benefits, Risks, Alternatives, Intuition, Nothing. While I knew if given a choice I wanted to do whatever the medical professional thought was best for baby and me – It was good to know that I had choices and gave me the information I needed to ask the right questions if I needed to.

3. Creating the plan helped me find ways to stay calm during labour 

While filling out my birth plan they asked questions like do I want music playing or any candles burning – this helped me think of things I could do in the labour room that could help keep me calm during delivery.

4. It helped me ask my doctor the right questions 

Filling out my birth plan online asked some questions I never even thought of or highlighted concerns that I had never heard of and so it gave me the right tools to be able to ask my doctor questions ahead of labour so thatI had all the answers and tools.

Like I have said in some of my other posts everyone’s pregnancy journey and birth are different and so having a birth plan ready to go might be right for you – for me the actual birth plan wasn’t necessary but it did help in other ways prepare me for birth.

But at the end of the day just remember you got this mommas

xo

Mia