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Mind Over Money: A Psychology Student's Guide to Investing

Episode 006

Dr. John Lee and Emilia Kasprzak

May 3, 2025

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In this episode of The Enriched Mindset Podcast, Dr. John Lee and Emilia dive into a no-fluff, student-focused guide to investing—through a psychological lens. From their own stories of financial trial and error to a breakdown of the FIRE movement, they tackle the biggest money questions psych students are too afraid to ask.  


Dr. Lee opens up about how he went from saving by accident to firing his financial advisor and learning to invest on his own using evidence-based strategies. Emilia shares how she started investing at 16, sent money to her dad’s TFSA before she was legally allowed to open her own, and why financial literacy should be taught alongside Freud and Pavlov.  


Together, they explore everything from mindset and money taboos to the technical side of investing—like how TFSAs, RRSPs, FHSAs, and ETFs actually work. They answer staff-submitted questions about index funds, mutual funds, robo-advisors, taxes, and whether it’s better to rent or buy as a young adult. You’ll even hear what it’s like to lose (or win) 400% on a stock—and how to emotionally handle it.  


This episode isn’t just about numbers. It’s about mindset, behavioir, and why being good with money is more about psychology than math. Whether you’re trying to build an emergency fund, start your first TFSA, or stop feeling FOMO every time someone mentions crypto—this one’s for you.  


If you’re a student who wants practical, empowering, and relatable financial advice without the BS—hit play. Your future self will thank you.

Highlights

© 2025 Enriched Mindset

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