This week's guest is a loyal fan of the show. Francis, like many of us, did not learn how to manage money as a child or young adult. He grew up in a cash based economy where debt was seen as something to be avoided at all costs. Despite not being exposed to personal finance principles at a young age, Francis has spent the last 10 years learning all he can by reading books, listening to podcasts and having a meeting with a financial planner. In this episode, we touch on all the lessons Francis has learned along the way.  He speaks about how his emergency fund saved him, how he dealt with a voluntary retrenchment, and how, on the advice of a friend, he invested in an expensive fund where the fees were equivalent to the growth of the investment, effectively zeroing all growth on his investment.  Join us on Twitter for real conversations about family finances: Follow the podcast on twitter: https://twitter.com/famfinanceshowFollow Diana on twitter:https://twitter.com/dianagranouxWebsite: https://www.familyfinanceshow.com Subscribe on your favorite podcast platform: https://podlink.to/FamilyFinanceShow