How this advisor went from being a broke, single mom to a successful entrepreneur and financial planner

Julia Chung, co-founder and chief executive officer of Vancouver-based Spring Planning Inc., has always been willing to take opportunities as they come, including starting small businesses on the side as she built her financial career.. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know. For more from Globe Advisor , visit our

In the Behind the Advice series, Globe Advisor asks advisors about their relationship with money from a young age, lessons learned over the years, and how their experiences influence the advice they give clients. Julia Chung, co-founder and chief executive officer of Vancouver-based Spring Planning Inc. and president of the Financial Planning Association of Canada, talks about growing up with hippie parents, surviving as a single teenage mom, and her drive to seek out career opportunities continuously both in and outside of the financial services sector.When my older brother and I were toddlers, our mother bought us this little cardboard book for kids that explained how a bank works.

We experienced a few negative financial events along the way; my dad’s business went under, my parents declared bankruptcy and we lost our house. Still, my mom and dad were determined to find their way without financial help from their parents. That became a constant in our lives: to be financially savvy and independent, especially for my mom after my dad returned to Hong Kong when I was seven. My parents then divorced when I was 10 and my mom moved us to the Lower Mainland.

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