Beauty and finance are not something that usually go together, and when I saw Dave Lackie was hosting an even for just that, I was intrigued. It seemed to pop up at just the right time, too! My husband and I have been trying to sort our finances out since the wedding, and were in right in the middle of taking an investing and finance course online, too.
I’m not sure about you guys, but I wouldn’t call myself money savvy. I mean, I’m good at saving, have some mutual funds and an RRSP account through my workplace but wouldn’t be able to get into any detail about what exactly the accounts meant for me, how they’d help me later in life and where all my investments are going. I let my banker handle that!
In Dave we trust, so when he brought his own personal financial expert Jay Papernick (Check him out here: https://www.assante.com/advisors/jpapernick/) to speak to his followers gathers in a hall at 15 York St, we were hanging off his every word. I chatted with a few of Dave’s Babe’s over some wine and veggie spring rolls before the event started and we were all on the same page when it came to money. It scared us, it made us feel uncomfortable and we wish we knew more about it, especially living in such a big city like Toronto where the rent and mortgages seem to climb higher every week and a decent meal out will set you back a nice chunk of change.
“ A lot of people don’t need a financial advisor, they could do it themselves, but the truth is, a lot of people don’t know, they’re embarrassed to ask a question, I’ve actually had some conversations in this room where people are asking me ‘What’s an RRSP?’ and that’s very common” Jay assured us. “One of the things I found is, most of our clients will spend 10 to 20 hours a year planning a vacation, or doing something else like shopping for makeup or perfume or buying clothes, and they’ll probably spend about an hour or 2 hours tops, looking at their finances. Everybody knows they should, but they don’t.” Guilty, but that’s what Jay’s here for, it makes sense to have an expert to not only help you along but teach you how to understand how to handle your bills, any setbacks or goals in your life. “A lot of what we do is coaching, it’s really just about pushing, you know, when it comes to money, you should be slightly uncomfortable. You should never go to bed at night thinking that you are totally OK, that you’ve done everything you should do, you should also never go to bed at night freaking out cause your mortgage is too big, the credit card company are calling and you don’t know what to do the next month for your rent. There’s a happy medium, a pendulum, where you can be slightly uncomfortable, it’s healthy.’
It all felt really real coming from Jay, I’ve had other financial investors try to sell me this story of complete control and being able to make and save so much more money and sometimes it sounded like they were being very unrealistic or they were suggesting things to me with other motives (aka making a buck off me). You can never be in complete control of anything, accidents happen, loved ones get sick, people lose jobs. You never know what’s waiting for you around the bend, so it was refreshing for Jay to reassure everyone that money IS a tough topic and you don’t need to feel 100% comfortable when talking about the subject. It can be stressful and confusing, but he’s here to help.
We were lucky enough to ask Jay some questions, Vanessa wanted to know if she should focus more on paying off her mortgage or credit card debt. (Jay said to pay down the debt as quickly as you can and get it out of the way so that when you’re getting ready to retire at 65 it’s not following you!) At the end of his talk, some of us around our table were opening up a little bit more about our money and what we know and don’t know about it, if we share accounts with our spouses, do we play the stock market, do we have financial planners of our own? Jay really helped get the conversation started.
After our financial planner 101 class, Dave hit the mic to talk about everything from makeup pop up shops, like the bright pink, old school diner Benefit Cosmetics had running in LA, to what’s new and hot this season on the runaway and in makeup and fragrance.
Dave’s top picks of brands to keep an eye on in 2019 were Drunk Elephant, a brand that’s extremely successful at Sephora right now (www.drunkelephant.com) and Tatcha (www.tatcha.com ) a luxury skincare line hailing from Japan.
We were shown the cutest loose blush I’ve ever seen! Dave lifted the top off of Lancôme’s Alphabet blush container. “It’s blush alphabet letters, so you just dust it over, it was created by Lisa Eldridge in the UK. I still think she’s done the best limited edition colour collections.”
I’m into very cutesy things, so I immediately spotted a perfume bottle shaped as an adorable teddy bear on the show case table. I inhaled the scent which I found to be so syrupy-sweet that Dave even referred to it as a ‘novelty scent’. We’re talking about Moschino! “Jeremy Scott who’s kind of like the Andy Warhol of the fashion industry, so he’s done his bear fragrance and the first one did really, really well and again, it’s really sort of fruit and floral, really bright and fun” Dave holds up the bear shaped bottle to the cooing crowd.
It’s no surprise that women are still snatching up men’s colognes to wear themselves, Dave held up a bright red bottle from Versace called Ero’s Flame (fresh scent, with lemon, tangerine, bitter orange with notes of black pepper and wild rosemary) Dave let us know more women are picking up this scent than men. “If you find something that you love, whether it be a men’s scent or a women’s scent, wear it! Who cares who it’s marketed to? It should make you happy.”
The night wound up with us ladies getting a closer look at all the new products before Dave shows them on CityLine. We were so thankful to get a sneak peek as to what our new favourite’s will be for winter and spring. We were given an amazing gift bag on the way out and I even won a door prize! A new scent from Guerlain, and you know how much I love my perfume! Lots of love and appreciation for Dave Lackie, who sets up these really great events for some wonderful followers. I know I always say it feels like everyone there is a big family, but it’s true. Please be sure to follow Dave on his NEW Instagram account @DaveLackieBeauty and check out his online magazine at BeautyDeparture.com, it’s a must for any beauty enthusiast!
Hey! I'm Sarah! A 30 something living in downtown Toronto with a great guy and an OK dog. I love seeing what my city has to offer and try to hit up as many fun events or attractions as I can! I haven't slept since 2004.