The specific topics we cover include:

* Our personal stories of debt and financial struggles

* Methods for paying off debt: snowball vs avalanche

* The emotional side of debt and money management

* Legal and ethical considerations in debt negotiation

* Cultural differences in attitudes towards debt

If you like our content, it is publicly available. Help us sharing it with anyone who might find it valuable 🫶🏼

And if you want to navigate to specific parts of the episode, here are the topics by the minute:

00:00 Introduction to Money Management and Death

02:54 Understanding Debt: Perspectives and Emotions

05:45 Personal Stories: Navigating Debt and Financial Education

11:38 The Emotional Side of Money: Fear and Control

17:23 Practical Tips for Managing Debt and Finances

23:28 Universal Lessons on Debt Across Cultures

25:13 The Journey of Paying Off Debt

29:43 Understanding Debt Repayment Strategies

36:31 Navigating Debt Negotiation Companies

42:31 Cultural Perspectives on Debt

50:15 Final Thoughts on Debt Management

We discuss the fears and misconceptions surrounding taxes, the importance of education in overcoming these fears, and the specific tax obligations for residents and e-residents in Estonia. The conversation also covers common mistakes people make with taxes, the benefits of understanding tax changes, and the various business structures available in Estonia, including the advantages of e-residency.

We emphasize the need for transparency and education in financial management, particularly for immigrants and digital nomads.

If you need help with your business accounting, personal tax declaration or business tax declaration in Estonia, you can reach out to tere@kailivirma.com or find her via LinkedIn. If you are more adventurous and appreciate an in-person meeting, you can also stop by the offices of Foreigners Help Coworking Space.

And if you like this podcast, make sure to subscribe, comment and share with others so we know to keep doing this for you!

Chapters

00:00 Introduction to Feel and Act Money Podcast

01:50 Meet the Guest: Kaili Virma

04:39 Understanding Taxes: Emotional Perspectives

09:49 Cash Transactions and Their Implications

11:43 Defining Taxes: A Systematic Approach

14:43 Common Tax Mistakes and Learning Experiences

21:50 Deep Dive: Tax Changes in Estonia for 2026

29:20 Income Tax Exemptions and Benefits

34:25 Navigating Tax Residency and International Moves

36:32 Understanding Tax Residency Across Countries

39:49 Benefits of Opening a Business in Estonia

42:59 Types of Business Structures in Estonia

47:37 The Ease of Tax Declaration in Estonia

52:04 Investment Income and Taxation in Estonia

56:10 E-Residency: Opportunities and Advantages

We discuss the emotional, spiritual, and cultural aspects of money management, emphasizing the importance of community support and personal empowerment. The conversation delves into practical steps for building a safety net, the impact of relationships on financial decisions, and the need to break limiting beliefs around money.

If you want to go deeper, we will be hosting an in-person Masterclass on this topic of Building a Money Safety Net. The event will be hosted in the Co-Working Space Foreigners Help and it will take place on Wednesday 4 of February, 2026 at 17:30.

The Event Facebook page has more details and if you feel decisive you can go straight to this link to buy your ticket.

For any questions, send us an email to feelandactmoney [at] gmail.com or contact us in our Instagram accounts: Maria, Danusia and Shannon.

Wealthily,

Maria, Danusia & Shannon.

Episode Chapters

00:00 Introduction to Feel and Act Money Podcast

03:03 Understanding the Safety Net

06:08 The Emotional and Spiritual Aspects of Money

09:01 Cultural Perspectives on Safety Nets

12:05 Practical Steps to Build a Safety Net

14:52 The Role of Relationships in Financial Decisions

18:03 Navigating Money Conversations in Couples

20:56 The Importance of Self-Awareness in Financial Management

29:57 The Importance of Reflection in Financial Decisions

31:49 Understanding the Balance Between Saving and Enjoying Life

34:47 The Role of Generosity in Financial Well-being

36:14 Navigating Information Overload in Financial Choices

38:04 Limiting Beliefs and the Expat Experience

42:19 Reconnecting with Humanity and Self in Financial Matters

45:10 Building a Safety Net: Step by Step

51:57 Identifying Cultural Ghosts in Financial Mindsets

Chapters

00:00 Reflecting on the Year and Holiday Emotions

03:08 Navigating Money and Emotions During the Holidays

05:58 The Challenge of Being Away from Home

08:55 Redefining Home and Holiday Experiences

12:04 Budgeting and Financial Planning for the Holidays

14:55 The Importance of Giving and Generosity

18:03 Creative Approaches to Gifting

20:59 Balancing Material Gifts and Emotional Connections

23:57 The Broader Perspective on Giving Throughout the Year

26:55 Investing in Meaningful Causes

30:01 Learning and Growing Through Financial Decisions

Chapters

00:00 Introduction to Money Conversations

01:24 Overcoming the Fear of Discussing Money

06:38 Negotiating Salary: A Personal Journey

10:13 Understanding Value in Salary Discussions

11:21 The Taboo of Talking Finances with Partners

14:43 Breaking Taboos: Money Talks with Friends and Family

22:19 Cultural Perspectives on Money

30:06 The Burden of Family Expectations

34:50 Navigating Financial Conversations

39:41 Taking Control of Your Financial Narrative

Topics we cover int his episode:

* Moving abroad is a significant and stressful decision.

* Understanding local tax systems is crucial for expats.

* Avoiding financial responsibilities can lead to greater anxiety.

* Technology has transformed how we manage and transfer money.

* It’s important to learn about currency and financial systems before moving.

* Double taxation can be a nightmare for expats.

* Building a financial community can provide valuable support.

* Money is a tool that should be managed wisely.

* Emotional aspects of money management are often overlooked.