The Allied Health Financial Podcast

In the final episode of the fall season, we discuss the areas of your budget you want to avoid cutting down on.  Cutting costs in some areas are more likely to leave you with remorse, and they may surprise you. Your future self with thank you (3:19) Where NOT to save: Investing (4:00) Where NOT to save: Personal insurance (5:42) Where NOT to save: Personal savings (7:37) Where NOT to save: Debt Repayment (8:21) Where you should try and save (10:15) The happiness equation (11:00)

We discuss three common ways to use your Tax-Free Savings Account (TFSA) and how you can maximize your returns with this tax-advantaged account. TFSA review (1:28) Tax free growth: The main TFSA advantage (3:09) The power of the TFSA: An example (4:44) How to save with the TFSA: As a savings account (6:43) How to save with the TFSA: Short term savings (9:48) How to save with the TFSA: Investing for long term growth (12:46) - Learn more about the Lite Membership - Upgrade to the Plus Membership - Episode 110: Savings Accounts and GICs  

The Government of Canada has proposed the First Home Savings Account (FSHA) to help you save for your first down payment. A new (proposed) registered savings account (1:15) First Home Savings Account (FHSA) (1:57) FHSA: The best of the RRSP and TFSA (3:59) What happens to deposits not used for a first home? (5:17) What's in the fine print? (7:07) How does the FHSA integrate with the Home Buyers Plan of the RRSP? (8:25) Does unused contribution room carry forward? (10:17) - Learn more about the Lite Membership - Upgrade to the Plus Membership

In this episode, we share our early takeaways from building and launching the new Allied Health Financial platform. Know your WHY for motivation and guidance (2:32) Our Why's (5:15) Get LOTS of feedback (8:17) Our revised messaging: The Lite Membership (10:37) Our revised messaging: The Plus Membership (11:23) Make small calculated changes (12:48) Links: Join Now Learn more about the Lite Membership Upgrade to the Plus Membership

Prices have come down in most major Canadian markets, but interest rates are (still) on the rise. Is this the right time to get into the real-estate market? Declining house prices versus rising interest rates (2:09) Factor Number 1: Decline home prices (2:24) Factor Number 2: Rising Interest rates (3:49) Is it less expensive to purchase a home today? No! (4:42) What if you put down the same down payment? Yes! (6:00) What if I'm purchasing a less expensive home? No! But it's closer (8:49) What if I have a smaller down payment? No! And the effect is larger (10:23) How do today's interest rates compare to historically? (11:14) Key take away points (12:52) What would we prefer (14:45) - Learn more about the Lite Membership - Upgrade to the Plus Membership - 118. Will You Get Burned With a Variable Rate Mortgage? - 93. The True Cost of Selling Your Home

We're used to the constant fluctuations of the Canadian dollar. But what does this new low mean for your money? Exciting (personal) news from AHF! (0:55) What is happening to the Canadian Dollar? (2:04) Just how much ground has the Canadian dollar lost to the USD? (3:23) Why has the Canadian dollar dropped (7:13) How will this impact you? (10:10) - Learn more about the Lite Membership - Upgrade to the Plus Membership

As of October 6th, retailers can now charge you up to 2.4% when you tap your credit card. Are your points still worth it? Companies can now pass on credit card fee to consumers (1:32) How did this come about? (5:12) What does this mean for your spending? (7:18) Are high rewards credit cards still worth their fee? (8:29)   - Learn more about the Lite Membership - Upgrade to the Plus Membership

Inflation in Canada has been rising at rates we haven't seen in nearly 40 years. Have we reached the peak and what could that mean for interest rate hikes? What is inflation? (1:57) Is inflation a bad thing? (3:30) Has inflation peaked? (5:31) What does an inflation peak mean for prices and interest rates? (8:42) Are further rate increases coming? (11:58) - Join Now - Learn more about the Lite Membership - Upgrade to the Plus Membership - Episode 126: What is Shrinkflation and how is it Affecting Your Budget? - Episode 109: Why is Everything so Expensive? - Contact Us

Starting to invest is crucial, but where should those early dollars go? These 3 questions will help you determine which is best for your current situation. Overview of TFSA and RRSP (3:15) Question 1: What are you saving for? (5:31) Question 2: What is your income level? (8:21) Question 3: Do you panic when you see red? (10:54) Do timelines matter? (12:46) Resources: Episode 8: The Registered Retirement Savings Plan (RRSP) Episode 9: The Tax-Free Savings Account (TFSA) Episode 54: RRSP vs TFSA - Which Account is Right For You? Get more free resources with the Lite Membership Learn More about the Plus Membership Contact Us

We all make mistakes, especially when we're starting something new. In this episode, we talk about our biggest money mistakes as new grads so you can learn from our experience and get a head start. Not organizing our finances and lifestyle creep (1:48) Avoiding emergency funds (5:17) Accumulating high-interest debt (7:17) Hyper-focusing on student loans and waiting to start investing (9:08) The invincibility problem, waiting to buy disability insurance (13:30) Resources: Download the New Grad Handbook Check out the Financial Planner Learn more about the Plus Membership Contact Us

Are you already worried about tax season? Learn how to get the most out of your taxes with our accounting and tax partner Airikka Passmore. Meet Airikka Passmore (1:05) Effective tax practice is education first (2:35) The benefits of using a personal accountant (3:47) How people have saved money with Airikka Passmore & Associates (6:37) Some of the most common tax mistakes made by health care professionals (12:23) Resources Join Now Discover the Lite Membership Explore the Plus Membership Learn more about Airikka Passmore and Associates Contact Us

Learn about this never-before-seen insurance product available with the Plus Membership. You get health and dental insurance, virtual care, life insurance and much more at an amazing value all with no underwriting. Overview of the Allied Health Financial Health Plan (2:12) The advantage of bringing together multiple providers (4:55) Contents of the plan: Basic Life Insurance, Accidental Death, and Critical Illness (8:55) Contents of the plan: Accidental Injury (12:19) Contents of the plan: Health, Dental, and Telus Health Virtual Care (15:44) How does the AHF Benefits Plan stack up against other plans in the market? (20:29) How to enroll in the AHF Benefits Plan (22:50) Resources: Join Now Learn more about the BioBenefits insurance plans Explore the Lite Membership Discover the Plus Membership Contact Us

We sit down with Justwealth to review the sign up process for Plus Members, the benefits of investing with Justwealth, and how to get started.  From discounted investing fees to a personal portfolio manager, you're not going to want to miss out on this! Bringing access to the underserved – a Justwealth and AHF synergy (1:30) The benefits of Investing with Justwealth as an AHF member (4:03) How to start the investing process (5:09) What types of accounts are available to Allied Health Financial members? (13:25) Allied Health members who are Justwealth investors have access to a personal portfolio manager (17:04) Transferring investments over to Justwealth (20:41)

Welcome to the new look Allied Health Financial.  We introduce our Partners and the financial products they are bringing to the platform, exclusively for Allied Health Financial Members.  All to save you money. Introducing: The NEW Allied Health Financial! (1:22) Investing: Justwealth Financial (3:19) Professional Liability Insurance: Zensurance (5:49) Taxes and Accounting: Airikka Passmore & Associates (6:59) Health Benefits and Personal Insurance: BioBenefits (9:04) Sign up date: Tuesday September 6th (11:22)

What business did two Physiotherapists from Toronto have starting a financial education platform? Re-introducing ourselves: Ryan Wells (1:15) Re-introducing ourselves: Giacomo Silvestri (2:12) Why we built this reason #1 - Lack of financial literacy (3:55) Why we built this reason #2 – Lack of access to adequate financial products (5:23) Financial education is not enough (8:41) Time to take action: Wealthcare for Healthcare (9:35) How to become a Founding Member (10:09) Resources Download the Financial Toolkit Become a Founder Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

You know all about inflation and rising prices, but have you heard about shrinkflation?  Learn how this not-so-new phenomenon is affecting your daily budget.   Reminder: What is inflation (1:46) Shrinkflation: Inflations sneaky cousin (3:28) Where you are most likely to see Shrinkflation at work (5:42) In Shrinkflation, size isn't everything (6:56) How does Shrinkflation affect you as a healthcare provider? (9:05) How the Financial Toolkit can help you fight Shrinkflation (10:34)   Resources   Download the Financial ToolKit Become a Founder Episode109: Why is Everything so Expensive? Episode 34: What is Inflation? Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Professional liability insurance is the most commonly purchased financial product by Canadian healthcare providers. Do you know what you're buying? Meet Ryan Insalaco from Zensurance (1:13) Who is Zensurance (2:37) What is Professional Liability Insurance? (6:15) What does your Professional Liability Insurance cover? TIP: When purchasing Professional Liability Insurance outside of an Association (10:17) How to avoid overpaying for Professional Liability Insurance (12:03) A potential out-of-pocket expense: Regulatory Defense (15:10) Resources: Download the Financial ToolKit Become a Founder (learn more about what we're building) Learn more about Zensurance Contact Us

Extended health benefits, critical illness and disability insurance are essential for your financial plan.  Are you covered?  Learn more about living benefits with the President and CEO of BioBenefits Inc, Madison McKimm. Meet Madison Madison McKimm (1:16) Do you need Disability Insurance? (3:36) Why insurance is difficult to purchase online (5:10) Disability vs. Critical Illness Insurance (7:47) Underwriting: what it means for your insurance and benefits (10:43) The beauty of group plans: lower cost and no underwriting (15:14) TEASER: How we're improving access to insurance and benefits products for you (17:09)   Resources: Download the Financial ToolKit Stay up to date with the Allied Health Financial Platform Learn more about BioBenefits Learn more about the MadRock Financial Corporation Episode 42: Do I Need Disability Insurance? Episode 44: Is Critical Illness Insurance Worth It? Contact Us

We talk to The Globe and Mail's top-ranked robo-advisor about how robo-advisors work and who should use them to invest. Who is Justwealth? (0:52) Robo-advisors: How do they work? (3:57) Robo-investing - is anyone watching my back? (7:20) Why do robo-investors use ETFs vs. mutual funds? (11:52) Investing during a recession, straight from the experts (16:53) How to get started investing with Justwealth + BONUS teaser! (20:07)   Resources: Download the Financial ToolKit Visit Justwealth's Website Episode 32: Focus on Justwealth Globe and Mail: Presenting Canada's cheapest robo-adviser, the best performers and the ones who don't like Canadian stocks much Money Sense: A guide to the best robo-advisors in Canada for 2022 Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License  

Start a business, build a website, get rich...nope. Emma Jack of Press Play takes us behind the scenes of what it really looks like to start a business. Spoiler alert: overnight success takes a long time. Emma's Banff Coaching Retreat (1:28) Make time for what energizes you (4:50) Press Play reorganizes its time: Balancing work and life  (9:37) Emma takes her own advice – when more is not better (13:23) Success is an iceberg (14:24) Looking for a change? Advice from EJ (18:51) What's next for Press Play (24:47) The most important quality for an entrepreneur to have (27:10) Who's winning? Gunner vs. Chair (28:29) Resources: Get The Financial ToolKit Get the inside scoop on what we're doing at Allied Health Financial Press Play Physio and Pilates Press Play with Emma Follow Emma on Instagram Contact Us Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License  

Last week you learned how to preserve your wealth during a recession. In this episode, we go on the offensive and explain how you can earn huge returns coming out of a recession. Stocks on sale! (0:45) Investing during a downturn? – consider your risk tolerance (3:40) Dollar cost averaging – not a bad strategy (5:40) Protect your backside first (6:43) BONUS: How have our financial plans changed with the economic slow down? (9:25) TEASER: Somethings coming…. (14:45)   Resources: Download the Financial ToolKit Episode 6: Debt Repayment Episode 12: How to Become Debt Free Quickly and Effectively Episode 13: The Definitive Guide to Emergency Funds Episode 42: Do I Need Disability Insurance? Investopedia: 7 Ways to Recession-Proof Your Life Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

With record-high inflation numbers, it can be hard to manage your finances. We'll show you how to prepare yourself, financially and mentally, to breeze through the looming recession. BONUS: Find out how Ryan's first sprint triathlon went (0:44) BONUS: Ryan's superpower (1:36) Is this your first recession? You're not alone (4:02) Preparing for a recession: offence vs. defence (5:05) Recession defence 101: preserving your wealth (6:29) What's the worst that could happen without good defence? (11:15) Resources: Download the Financial ToolKit Episode 6: Debt Repayment Episode 12: How to Become Debt Free Quickly and Effectively Episode 13: The Definitive Guide to Emergency Funds Episode 42: Do I Need Disability Insurance? Investopedia: 7 Ways to Recession-Proof Your Life Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

What you need to know about recent fluctuations in the market, and how a looming recession will change things for Canadian healthcare providers. Business cycles 101 (1:57) Measuring business cycles: GDP (2:31) Recessions: What are they? (5:32) Are we in a recession? (6:29) Staring down a potential recession – what does it mean for healthcare providers? (8:25) Should you be worried? (9:43)   Resources: Download the Financial ToolKit The Canadian Encyclopedia: Recession in Canada The Canadian Encyclopedia: Business Cycles in Canada Investopedia: Guide to Economic Recession Investopedia: Industries That Can Thrive During Recessions Statistics Canada: Labour Force Survey (May 2022) Statistics Canada: Gross domestic product (GDP) Kenzie Academy: Which Industries Will be Most Affected by a Recession? Storeys: Economists Split Over Whether a Global Recession is Coming Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License    

Canada's red-hot real estate market is finally cooling. Interest rates are jumping up and the Bank of Canada is showing no signs of stopping. What does this mean for you and your mortgage? Whether you're refinancing or purchasing your first property, the decision of fixed vs variable rate can make a HUGE impact on your finances. Do you know which one is right for you? A surprising stat on how rising interest rates have affected the ability of Canadians to make mortgage payments (1:24) Recap: What is a mortgage and when do you get one (1:49) What affects your mortgage payment (2:32) What is a fixed-rate mortgage? (4:03) What is a variable rate mortgage? (5:07) Do variable rate mortgage holders pay more if the interest rates increase? (6:27) Fixed vs. Variable – What has been better in the past? (9:00) Pros and Cons of a fixed mortgage (9:55) Pros and Cons of a variable mortgage (11:42) Factors in your decision to choose fixed or variable (12:35) Show Notes: www.alliedhealthfinancial.ca/episode118 Resources Download the Financial ToolKit Episode 77: The Mortgage Process - First Meeting Nerd Wallet: How to Choose Between Fixed and Variable-Rate MortgagesTD Bank Mortgage Rates Contact Us Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

There is only one way to set up your financial plan...right? Not quite. Listen to our hosts battle it out in our epic financial plan showdown! - Meet Erika (1:41) - Short-term needs and long-term goals (2:30) - The budget: gross vs take-home income (2:50) - New-grad debt repayment strategy (3:25) - Defence is the best offence: insurance (6:46) - Buying used vs leasing a new car [BONUS: find out what our hosts drive] (8:58) - Chicken or fish? Saving for a wedding (13:17) - Playing house: how to save for a new home (15:38) - What to save when you're expecting (17:06) - Making money while you sleep by investing (19:05) - Closing thoughts (20:14)   Resources: - Download the Financial ToolKit - Episode 110: Savings Accounts and GICs - Episode 97: EI Special Benefits vs Disability Insurance - Episode 91: Employment Insurance Special Benefits - Episode 83: How to Plan for Parental Leave with Emma Jack - Episode 57: Should I Pay Off Debt or Invest? - Episode 54: RRSP vs TFSA - Which Account is Right For You? - Episode 42: Do I Need Disability Insurance? - Episode 41: Do I Need Life Insurance? - Episode 19: Understanding Tax Deductions: Buying vs. Leasing a Car - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

With gas prices and environmental concerns on the rise, more Canadians are considering the switch to electric vehicles. But do they save you money? This episode compares fuel savings on electric vehicles versus hybrid and gas-powered vehicles. Will the electric vehicle save you more? Listen to find out!   - Government of Canada 2022 Fuel Consumption Guide - Toyota Canada - Tesla Model 3 - Electrek: How Much Does it Cost to Charge a Tesla? - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

The financial markets have been all over the place recently. Traditional investments like stocks and bonds have fluctuated in value significantly over the last several months. But what about investments that are not traded on exchanges? In this episode, we talk about the current state of real estate in Canada as well as the drop in Cryptocurrency and NFT values.   - Global News: April 2022 home sales down 41% from last year, dropped 27% since March: TRREB - Forbes Advisor: Why Is Bitcoin Down Today? - CNBC: The world's biggest stablecoin has dropped below its $1 peg - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Mutual funds are a staple for many Canadian healthcare providers. They give the average investor access to a fund manager, which also makes them the most expensive investment product in Canada. But do they work? Are the high fees worth it? In this episode, we'll answer those questions and discuss the different types of mutual funds and compare mutual funds to ETFs.   - Episode 18: Are Investment Fees Holding You Back? - Article: More evidence that it's really hard to ‘beat the market' over time, 95% of finance professionals can't do it - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Exchange-Traded Funds (ETFs) have changed the investing game in Canada. This inexpensive alternative to stocks, bonds and mutual funds can help you build a low maintenance and highly diversified investment portfolio. But are they right for you? In this episode, we discuss ETFs vs mutual funds, index ETFs, active vs passive ETFs and much more. If you want to get started with DIY investing, do not miss this episode.   - Episode 27: Exchange Traded Funds (ETFs) - Episode 28: Types of ETFs in Canada - Episode 29: Rebalancing with Passiv - Episode 31: Asset Allocation - Vanguard Canada - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

We follow up our discussion on stocks with the most commonly talked about fixed-income security, bonds. Bonds may be an important way to balance risk in your investment portfolio. In this episode, we answer all of your top questions, including: What do you mean by bonds? How do bonds work? and Are bonds a good investment? - Episode 3: Stocks and Bonds - Episode 111: Stocks - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

In this episode, we revisit one of the most powerful wealth building tools available to Canadians - stocks. You'll learn what a stock is, what a dividend is, how capital gains work and much more. We also touch on some of the pros and cons of holding stocks in an RRSP, TFSA or non registered account. - Episode 3: Investment Accounts: Stocks and Bonds - Episode 26: Stocks - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

In this episode, we go back to basics and talk about savings accounts and GICs in Canada.  We'll explain the difference between the two savings vehicles and when it may be most beneficial to use each of them.  We also explore how to get the highest GIC and savings account interest rates. - Episode 2: Savings Accounts - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Whether its fuel, groceries or other goods and services, you've surely noticed that the price of things has gone up. In this episode, we talk about some of the national and global forces that are leading to this period of high inflation. - Why Canadian gas prices are higher than ever (it's not all Ukraine) - Driving - Canada's Food Price Report 2022 - Statistics Canada - The Daily: Consumer Price Index - Statistics Canada - Consumer Price Index PDF (February 2022) - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Investing your hard earned money is a rollercoaster of emotions. Some days you're up and imagining the retirement of your dreams. Then there are periods where all you see is red, and wondering if retirement will ever be possible. In this episode, we'll show you why it's important to manage your emotions and keep investing during market downturns. -54. RRSP vs TFSA - Which Account is Right For You? - VTI: Vanguard Total Stock Market ETF - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

The Registered Retirement Savings Plan can be a very powerful tool to save for retirement. But are Canadians using it? In this episode, we take you through the stats on RRSP use in Canada and explain why it has dropped out of favour for some Canadians. We also take you through the benefits of the RRSP and some general saving and investing principles. - Episode 99: RRSP Basics - Episode 45: 2021 TFSA Update - Episode 54: RRSP vs TFSA - Which Account is Right For You? - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Housing prices in Canada seem to always be on the rise. Many Canadian healthcare providers wonder how they can afford a home in more expensive markets like Ontario. There are a few things you should keep in mind before buying a house or condo, including the minimum income required to buy a property. Have you run the numbers? Let us show you how to determine home affordability in Canada.  -68. The New 2021 Canada Mortgage Stress Test - 77. The Mortgage Process: First Meeting - RateHub Mortgage Payment Calculator Canada - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Housing prices across Canada are rising at historic rates, and things don't appear to be getting any easier.  A number of factors are driving home prices ever higher.  Today, Ryan and Giacomo discuss these factors, from interest rate speculation to gifts from parents.  Find out why this spring is going to be a “whirlwind” of even higher prices.   Show Notes: Download the Financial ToolKit 68. The New 2021 Canada Mortgage Stress Test 81. The Complete Guide to Credit Scores Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

We talk to Lauren Roberts, founder and clinic owner at The Running Physio, a Toronto Physiotherapy clinic specializing in injury treatment and prevention strategies for endurance runners and athletes. Lauren is an accomplished endurance athlete herself, competing in the 2015 Ironman 70.3 World Championships and 2018 Boston Marathon. She turned her passion for endurance sport and treating this underserved population into a thriving business. We have a candid conversation about getting started, the highs and lows of clinic ownership and how to balance life and business. - Visit The Running Physio - Follow The Running Physio on Instagram - Email info@therunningphysio.ca - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

If you invest outside of the Canadian market (which we hope you do), you're exposed to currency fluctuation risk. Currency-hedged products are designed to protect investors from currency fluctuations, but do they work? In this episode, we discuss global markets, currency fluctuation, currency-hedging and performance of hedged products during the COVID-19 pandemic.   - Global Investing: The Importance of Currency Returns and Currency Hedging ( MSCI) - To hedge or not to hedge? Evaluating currency exposure in global equity portfolios (Vanguard) - XUU - iShares Core S&P U.S. Total Market Index ETF - XUH - iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged) - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

We continue our discussion on buying a pre-construction property in Canada. This can be a great choice for many Canadian healthcare providers, but is it right for you? We recap the pros and cons of buying pre-construction and take a deep dive into living vs renting a pre-construction property.   - 101. Is a Pre-Construction Home Right for You? - 17. Do You Need to Buy a House? - 46. How to Afford a House in Expensive Canadian Markets - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

The housing market is still extremely competitive in major Canadian centres. Many prospective buyers are tired of multiple offers, underpriced properties and endless bidding wars. Is it time to look at a pre-construction property? We'll take you through the pros and cons of opting for a pre-construction home or pre-construction condo in Canada. - 17. Do You Need to Buy a House?  -46. How to Afford a House in Expensive Canadian Markets  -Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

In our milestone 100th episode, we talk about what we've learned about personal finance over our journey with Allied Health Financial. We touch on personal finance, investing, saving, behavioural finance for the Canadian healthcare provider. We also want to thank you for coming along for the ride. We hope you've learned a lot and we look forward to the next 100 episodes!   - Download the Financial ToolKit - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

With the 2021 RRSP deadline coming up on March 1st, it's a good time to review the Registered Retirement Savings Plan. The RRSP is a powerful savings vehicle - it can lower how much tax you pay and provide tax-deferred growth for your nest egg. In this episode, we'll give you all the details you need to take advantage of your RRSP contribution.   - Download the Financial ToolKit - The Ultimate Guide to RRSPs - Episode 54: RRSP vs TFSA - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

We've never had more options to choose from when it comes to robo advisors in Canada. With so much uncertainty in the market, which one should you choose? In this episode of the Allied Health Financial Podcast, we'll take you through the performance and some of the benefits of the three most popular robo advisors in Canada.   - Download the Financial ToolKit - Episode 32: Focus on Justwealth - Justwealth - Wealthsimple - Questwealth Portfolios - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Employment Insurance (EI) special benefits and disability insurance are similar at face value and deciding which option is right for you can be difficult. In this question period episode, we compare and contrast the two products to help you decide which one (or combination) is right for you.   - Download the Financial ToolKit - Episode 91: Employment Insurance Special Benefits - Episode 42: Do I Need Disability Insurance? - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

Using an indexing strategy is proven to be very effective, but it can lead to investing in companies that don't match your values. Large market indexes like the S&P 500 hold companies that produce fossil fuels, manufacture weapons or have questionable business practices, which may not sit well with you. This is where socially responsible investing (also known as ESG) comes into play. In this episode, you'll learn about ESG products and how they help you put your money where your values are.   - Download the Financial ToolKit - Episode 61: Value Investing - Episode 32: Focus on Justwealth - RBC Global Asset Management: Does socially responsible investing hurt investment returns? - Justwealth ESG High Growth Portfolio - XIU: iShares S&P/TSX 60 Index ETF - XESG: iShares ESG Aware MSCI Canada Index ETF - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

With tax season quickly approaching, we talk about everything you can do as an employee or an independent contractor to optimize your taxes. Whether you use an accountant or prefer filing your own taxes, the tips and tricks in this episode will help you increase your deductions and limit tax-related frustration.   - Download the Allied Health Financial Tax Tracker - Episode 51: Tax Deductions for Contractors and Self Employed Healthcare Professionals - Episode 52: Tax Deductions for Employees - Episode 85: Should I Use an Accountant? - Episode 53: How are RRSP Contributions Made With Pre-Tax Income? - Episode 50: The Ultimate Guide to RRSPs - Download the Financial ToolKit - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

We like to talk a lot about investing fees and in this episode, we talk about a hidden fee when it comes to investing in funds listen on US exchanges - the currency exchange fee. This fee can significantly drag down your investment returns, so make sure you understand how your robo-advisor or brokerage account applies these fees to your account.   - Episode 18: Are Investment Fees Holding You Back? - Download the Financial ToolKit - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

The Canadian housing market is growing at an unprecedented rate. The average price of resale residential homes sold in October 2021 across Ontario was up by 22.9% from the previous year. But will you realize all of these gains if you sell? The short answer is no. In this episode, we take you through the costs associated with selling your home and the true return on your investment.   - Episode 17: Do You Need to Buy a House? - Download the Financial ToolKit - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

We answer specific questions about Employment Insurance (EI) for employees and self-employed healthcare professionals. Take a deep dive into common scenarios to understand the benefits of EI in each situation and if EI is right for you.   - Employment Insurance Special Benefits - Employment Insurance Regular Benefits - Using Employment Insurance to Fund Parental Leave - Savings vs Employment Insurance to Fund Parental Leave - Government of Canada: Employment Insurance - Download the Financial ToolKit - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License

In this episode, we talk about Employment Insurance (EI) special benefits, for independent contractors and self-employed healthcare professionals. You'll learn if you qualify, how to register, the available benefits and much more.   - Episode 90: Employment Insurance Regular Benefits - Using Employment Insurance to Fund Parental Leave - Savings vs Employment Insurance to Fund Parental Leave - Government of Canada: Employment Insurance - Download the Financial ToolKit - Contact Us   Theme Music: Pamgaea Kevin MacLeod.  Licensed under Creative Commons: By Attribution 3.0 License