FI Garage

The last chapter with the boys in the FI Garage. Well almost. We won’t be releasing shows together, but the Money Mechanic does plan to continue the show. He will be having discussions with Canadians about life, FIRE, happiness, purpose,...

You need to have two mindsets to achieve and enjoy FI. You need to develop the skills and pyschology to get you there, and THEN you have to develop the psychology and skills to enjoy it and stop trying to save money. It’s a difficult conundrum and we touch on...

Stoicism, gratitude and abundance. Common traits amongst Mustachians and the FI community in general. Learning to place emphasis on each of them leads to more happiness and purpose in life. We all know the FI journey is as much mental as it is math, what do you do to improve...

This time The Mechanic was off on a road trip. 12 days and 22 breweries on the East Coast. There was a lot of research done for this episode, and we found a few good beers to bring back. We talk a lot of beer, but also slow travel and...

This is a 2 hour marathon, you might want to save it for snow shoveling. We really try not to rant about inflation, housing, gov, etc. But the Accountant just can’t help himself. We do get into a lot of random topics and some fun random beer. Since The Accountant...

This episode features some thoughtful FI Questions submitted by listener Patrick. We enjoy an extra special beer, hand delivered to us from Belgium by listener Roland. Of course there’s the usual overtime bs and raw style we now embrace. This episodes beers kindly donated by listener Roland!! Cheers!! Duvel Belgian...

The Economist thinks this is our worst episode ever, but I’ll let you be the judge of that. We drink Icelandic beer, we rant, we talk finance, what you have come to expect from us. We also talk about the shocking blow up of a BC mortgage company that left...

Well, what can I say. We’ve been delinquent delivering you amazing content. That doesn’t necessarily end with this episode, but hey, we’re back in the garage, swilling a few beers and trying to find our way in an uncertain world. Thanks to Jolie at Well Bean Coaching for buying us...

Happy New Year!! What will 2023 bring? We reminisce on wins and losses of 2022 and look forward to the interesting year ahead. Be warned this is our longest and most explicit episode yet!! Here in the FI Garage, we're all on the path to FI, however, we consider the RE...

Slow start to this episode, but we really get going towards the end!! We seem to get on a few rants in this one focusing around our current economic climate and healthcare challenges in Canada. Here in the FI Garage, we're all on the path to FI, however, we consider the...

The Accountant went beer shopping and brought us a GIANT Pumpkin Ale. We end up chatting a lot about alarm clocks and how to figure out the right part time schedule. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE...

It’s the Accountant and the Mechanic today bantering and sharing some beers from White Tooth Brewery, generously sent to us by Debbe. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE Now on YouTube!! Check out our channel for bonus...

Things are getting a little out of hand tonight and we’re rolling right into double overtime! We actually have a good discussion about insurance coverage in this one. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE Now on YouTube!!...

We didn’t even stop the recording…Just grabbed some more beers for more fun. Part 2 begins right where we left off. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE Now on YouTube!! Check out our channel for bonus content...

The boys are here to have some brews and catch up on what’s happening out there in the markets and our lives. Caution, the Accountant gets explicit!! We’re only releasing raw and uncut episodes now, you have been warned. Here in the FI Garage, we're all on the path to FI,...

We’re back and sharing some personal updates and what the future holds for the FI Garage. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE Now on YouTube!! Check out our channel for bonus content and please subscribe. Beers – ...

We catch up with Kevin and hear where his travel adventures in early retirement have taken him. Kevin was a guest on interview 005 where he talked about second mortgage lending in tax sheltered accounts. Here in the FI Garage, we're all on the path to FI, however, we consider the...

This episode has the guys enjoying a Saskatchewan classic, Old Style Pilsner, provided by fan of the show Sterling! This episode we talk about the year that was, the year to come, and get slightly off the rails like our last few shows. Here in the FI Garage, we're all on...

Well the Mechanic gets frustrated anyway. This episode has the guys enjoying a few beers delivered all the way from Terrace, BC by fan of the show Rae! This episode turns into a crypto talk, some inflation discussion, and generally slightly off the rails like our last few shows. Here...

In this episode, we discuss topics from recent listener emails. We drink some Off the Rail Brewing beer graciously brought to us by Jason. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE Now on YouTube!! Check out our channel...

In this episode we discuss how we find stocks and some of the things we consider when we are deciding if it is a stock we want to own. We drink some Belgian tripes graciously bought for us by Max from Quebec. Here in the FI Garage, we're all on the...

In this episode we discuss all the ways Jolie is involved providing financial education within her community. We drink some xxxxxx graciously bought for us by xxxxxx from xxxxxx. xxxxxxxxxxxx. Here in the FI Garage, we're all on the path to FI, however, we consider the RE part optional. #FIRE Now...

In this episode we discuss if you’re better off to invest in REIT’s for your real estate exposure. We drink some Alexander Keith’s IPA graciously bought for us by Daniel from Halifax. We continue the trend of real estate from last episode but this time we discuss adding REIT’s to...

In this episode we discuss if you’re ready to become a landlord and all that goes along with it. We drink some Mt Benson IPA from White Sails Brewing graciously bought for us by Sean from Nanaimo. We had some listener questions about real estate that we answer and address...

In this episode we discuss holding investments inside of a corporation. We drink some Earl Grey IPA from Saltspring Island Brewing graciously bought for us by Kari from Money in Your Tea, this episode sponsored by Tom Drake of Maple Money. Many of us have wondered if investing in a...

One of the new Fintech companies in Canada, Hardbacon, has been profiling Canadian FIRE bloggers. Instead of Money Mechanic answering all the interview questions in writing, we decided to make a show out of it. Heidi is a contract writer who conducts the interview with MM. I have to say...

In this episode we discuss if your hobbies could actually end up causing you to spend more when you no longer need to work as much. We drink some Whistle Buoy special release NFT IPA graciously bought for us by Mark Seed. As you have more free time will you...

Is it possible to get good investment returns while also helping to protect the environment? We bring Tim Nash, from GoodInvesting.com, on the show to discuss all things ESG. Environmental, Social, and Governance (ESG) is becoming more popular for those wanting to make more socially and environmentally responsible investment decisions....

How do you feel when the market and your portfolio takes a nose dive? How often are you checking you portfolio, networth and performance? Loss aversion is a real thing and many of us suffer from it. As a result, our investor psychology may be affected and we may not...

In this episode we discuss the different stages of investing and where you go next as you learn more and grow your nest egg. We drink some of our favorite beers kindly purchased by Tyrell. Money Mechanic doesn’t think that you just own an ETF and chill. As you progress...

Housing, we all need it, but what the heck is going on in the Canadian markets!? We drink some Flagship IPA as this episode is generously sponsored by Steamworks Brewing. We discuss the current state of the housing market and if you can retire with a mortgage. Here in the FI...

In this episode we pick up where we left off after Canadian ETF’s and discuss our US and International ETF picks. We drink some 88 Brewing, ‘Ring Pop Double Dry Hopped Hazy IPA’ purchased by Jeremy. We discuss the reasons we have picked the ETF’s that we hold and the...

Are you looking for cash flow, but don’t want the hassle of being a landlord? Do you think owning an investment property is out of your reach? In this episode we discuss investing in the Hassle Free Landlord program with Epic Alliance. Eunice from Victoria joins us to discuss her...

In this episode we discuss the different stages of financial independence and how to decide what comes next. We drink some Wing Man Pale Ale kindly purchased by Ryan. This episode is generously sponsored by Cody and his side hustle Argofox. We discuss the phases we are in and how...

In this episode we discuss investing in Canadian ETF’s and how to decide what the best ones are. We drink some salted black porter kindly purchased by Jesse. We discuss the reasons we have picked the ETF’s that we hold and the difference between different Canadian ETF’s. Here in the FI...

In this episode, generously sponsored by Family Money Saver, we discuss investing in Bitcoin and the future of the currency. We drink some gluten free beer kindly purchased by Maria from Handful of Thoughts. We discuss if there are reasons to hold some Bitcoin in your portfolio. Here in the FI...

In this episode we discuss re-balancing and managing your portfolio with the help of Passiv. Nick joins us to tell us about all the exciting things going on at Passiv and how it can save you time and money. Here in the FI Garage, we’re all on the path to FI,...

We discuss the trades path to FI, cars and more on today’s episode. Cory joins the boys to discuss his path to FI through the trades, his experience with cars and investing during a pandemic. Episode Beverages Collective Arts – Stranger than Fiction Porter [2:08] Collective Arts – Life in...

In this episode, generously sponsored by F.I.R.E. We Go, we discuss investing in renewable energy and the future of the industry. We discuss if there are outsized returns to be had as the shit to renewables progresses. Here in the FI Garage, we’re all on the path to FI, however, we...

In our first episode of the new year we discuss new years TFSA contribution room and how we review our plan each year. We also discuss some year and tax planning and what else to consider in your year end review. Here in the FI Garage, we’re all on the path...

Brought to you by The Boscawen Inn in Lunenburg, Nova Scotia In our first sponsored episode the guys discuss risks we face on the path to FI. Sometimes we mis-label variance as risk, however, even with variance, there are associated risks. We discuss when it might be appropriate to acknowledge...

In this episode, the guys discuss what they think about when analyzing investment opportunities. Here in the FI Garage, we’re all on the path to FI, however, we consider the RE part optional. #FIRE Beers – [0:30] IPA du Nord-Est from Boreale via Norbert Kallai (instagram, youtube) exchange [0:50] The Accountant’s putting up lights...

We kept the microphones rolling after our Salmon Pack episode [0:40] and this drabble is the result. The Mechanic updates us on his private lending, we read out some listener comments, and talk about real estate expenditures. Here in the FI Garage, we’re all on the path to FI, however, we...

In this episode, the guys discuss what to do once your registered accounts are full. Paying tax isn’t always a bad thing – maybe you want to keep doing what you were doing before your registered accounts became full. On the other hand, this might be the right time to...

In this episode, the guys discuss how they manage time or their lack thereof. The choice of how you spend your time is arguably one of the most valuable benefits of FI. Can you improve how you use your time while on the journey? Here in the FI Garage, we’re all...

As promised, and at great cost to our bodies, we present the Salmon Pack episode. In this episode, the guys reunite in the Mechanic’s garage and discuss many things, FI-related and not. Here in the FI Garage, we’re all on the path to FI, however, we consider the RE part optional....

We have had lots of listeners ask us about how we handle our finances with our spouses. So in this episode, the guys discuss how they manage their finances and keep money from getting in the way of their relationships. Here in the FI Garage, we’re all on the path to...

We have had lots of listeners ask us about using leverage to invest. So in this episode, the guys discuss the merits of using leverage and look at life cycle investing with a little help from Megan. Here in the FI Garage, we’re all on the path to FI, however, we...

In this episode, the guys talk to The Economist’s friend from university, The Engineer, about electric cars. We try to keep the conversation FI related, but that is easier said than done with a mechanic and an engineer on the line. Here in the FI Garage, we’re all on the path...