Building Financial Security with Indigenous Principles

Produced & Hosted by Amanda Leader

Co-Hosted by Cate Morris of Scout Financial Solutions

In this episode of Mazaska, Amanda Leader and financial expert Cate Morris from Scout Financial Solutions dive into practical financial empowerment strategies, focusing on Indigenous communities. Drawing from over 30 years of experience, Cate emphasizes the importance of "decolonizing money" by aligning financial literacy with Indigenous values like community care and shared responsibility.

Cate introduces a culturally inspired budgeting system based on four key financial “quadrants” similar to the medicine wheel. These include essentials ("Must Pays" like rent and debt), short-term savings (such as emergency funds and holiday budgets), long-term savings (retirement or homeownership goals), and the “Life” quadrant for guilt-free discretionary spending. The goal is to use 100% of income intentionally, honoring both immediate needs and future aspirations without a rigid percentage breakdown.

Listeners are encouraged to start by building a “budget binder” for clarity on income, obligations, and goals, helping them visualize and track their financial journeys. The conversation emphasizes that accessible, culturally relevant financial guidance can empower Indigenous communities toward financial security and independence.