WealthBeing

In 2022, WealthBeing is bringing you conversations about what matters most when it comes to your finances. You'll hear new discussions of topics that will help you thrive, and updates to a few of conversations we're revisiting so that you can get our best advice when you need it. Our first new essential financial focus is all about the questions that our financial advisors want you to ask about in order to ensure that your money is working for you now and throughout the year.- - -Get in touch with Travis and Kevin by emailing wealthbeing@firstwestcu.caOr connect with a financial advisor at any of our locations across BC: Envision Financial Valley FirstIsland SavingsEnderby & District Financial- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

In 2022, WealthBeing is bringing you conversations about what matters most when it comes to your finances. You'll hear new discussions of topics that will help you thrive, and updates to a few of conversations we're revisiting so that you can get our best advice when you need it. Our first new essential financial focus is all about the questions that our financial advisors want you to ask about in order to ensure that your money is working for you now and throughout the year.- - -Get in touch with Travis, Sheena and Kevin by emailing wealthbeing@firstwestcu.caOr connect with a financial advisor at any of our locations across BC: Envision Financial Valley FirstIsland SavingsEnderby & District Financial- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

THIS WEEK: When Travis' client was making final arrangements, he wanted to be sure that his estate would remain uncontested among his estranged children. This tricky situation is all too familiar to our co-hosts. Tune in to hear what advice they recommend to those facing a tough financial choice.***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

THIS WEEK: It's never a bad time to come into some money, right? It depends on who you ask and what you decide to do with it. Sheena shares the story of a client who was receiving a transfer of wealth and our hosts examine the options for both the giver and receiver.***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

They're always lurking behind the corner, waiting for the next upset or event to leap into the news and wreak havoc on our thinking about financial markets. Recessions are inevitable, and this week our co-hosts, Kevin, Sheena and Travis, are thrilled to chat with Mark Moreland, CFO at First West Credit Union, about why the markets can become so volatile, what you can do about it, and how our credit union reacts to make sure you stay financially healthy.2:30 – Hot In Money: What is a wealth tax, and is it a good idea?6:10 – Expert Examination:Where are we at today in the market? What a "recession" means economically the impact on our budgets. Why unexpected events (like the pandemic) are so impactful on market cyclesHow Government decisions and actions affect market trends. What happens after a recessionHow a financial institution like First West protects and support members' financial health during a recession.40:00 – Financial Fix: Kevin shares one question to ask your advisor that will help you know if you're prepared to weather the next market correction. - - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

THIS WEEK: Sometimes we think of bankruptcy as cleaning the slate of our financial problems, but re-creating your financial health afterward isn't always straightforward. Listen to hear what happened for a member who needed Kevin's help to borrow after her bankruptcy. ***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.All

THIS WEEK: When new clients came to Travis for advice about how to lower their investment risk, they uncovered a potentially large tax hit for capital gains if they were to dump the undesirable investment - as well as impact on their Old Age Security. What should you do in this situation? Sheen and Kevin weigh-in on strategies to manage wealth decisions and Travis shares the options these clients had to choose from. ***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

Is it possible that all those laps you ran and penalty shots you took have helped you manage your money? Even if you weren't team captain or even on the playing field, today's conversation with Dixon Ward, VP of the Okanagan Hockey Group and ex-NHL player, will have you thinking about using the lessons learned in sports to score big in your financial future.3:20 – Hot In Money: Cryptocurrency is booming again - what do our co-hosts think about your investment potential?6:55 – Expert Examination:How athletes think about practice and creating habits.The vital role of discipline on and off the field.Making it easier to make future-focused choices.Scoring goals in your bank account.The value of a great coach. Why it pays to diversity your strengths.The biggest financial challenge for athletes. How the Okanagan Hockey School is helping kids prepare for a life in - and beyond - sports.41:15 – Financial Fix: Travis has a timely reminder that will help you save money when tax time comes around again. - - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

THIS WEEK: One of the most unexpected costs of buying a home for those new to BC recently cause a drastic change of purchase plans for an Okanagan family. Sheena had to create a new longer-term, lower-budget plan to get this dream home deal done. Find out what Travis and Kevin have done to help their members and clients in similar situations. ***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

We've all heard the story of someone who cashed in their home equity for a large sum of money - but how wise is that decision for you? Maybe you've already gotten into the cycle and need some advice to juggle your payments. We're excited this week to have Brad Piercey, VP of Corporate Credit at First West Credit Union, join your WealthBeing™ co-hosts for a conversation about the good, bad and risky ways to use home equity as part of your  financial plan.2:50 – Hot In Money: how the recent changes to the mortgage stress test are affecting retirees .6:05 – Expert Examination:Understanding home equity compared to other lending against your property.What's required to borrow against your home.The reasons people take a home equity loan.What financial risks you could face by using home equity.How your financial advisor will help you decide if home equity is your best option.41:25 – Financial Fix: Sheena suggests you wave a magic wand and reflect on how you think about managing debt.- - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

THIS WEEK: There are many strategies you can use to minimize your taxes with an RRSP - but some are risky business if you get caught relying too much on this single investment tool. Kevin was faced with this conundrum with a credit union member who suddenly wanted to make a significant withdrawal to manage her financial crisis. Find out what Travis and Sheena thought of this Money Problem - and how Kevin pulled together a plan to help. ***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.All con

THIS WEEK: There comes a time when you're ready to clock-out of your career for good. But what if you have to take a financial compromise to start your golden years? This week, Travis tells us about his client who wanted to retire early and the income challenges that presented. Our experts discuss what happens when you just can't wait to claim your full financial benefits.***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

It could be on your mind right now. One (or more) of the same questions that people are seeking answers for online. So, this week on WealthBeing™ our co-hosts are cutting straight to the facts. We'll reveal what you need to know about 10 commonly searched queries online.2:35 – Hot in Money: Explaining the factors causing such unpredictable commodities prices in 2021.5:30 – Expert Examination:- How much money do I need to retire?- How much money should I be saving from my paycheque?- Should I get into investing now or pay off my debt?- What is a Robo-advisor?- How do I know if I should invest with an advisor or self-manage my investments?- What does “pay yourself first” actually mean?- What are “bear” and “bull” markets and should I invest differently in them?- Is buying stocks basically the same as gambling with my money?             - What is a “market correction”?- What is an index fund and why would I use one?33:45 – Financial Fix: It's likely you'll go in search of more answers on the internet, and Kevin has a strategy to help you evaluate the information you receive online.- - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive. 

Many of us support local business with our everyday spending, but what about investing here in Canada? On WealthBeing™ this week, our co-hosts are having a Canada Day conversation with John Bai, Chief Investment Officer at Aviso Wealth, about the leading and emerging Canadian investment sectors, and how to structure your portfolio to invest here at home.2:30 – Hot in Money: The TSX hit a new record this week and our co-hosts make some predictions about how the year may play out.5:15 – Expert Examination:-  What sectors that perform well for Canadian investors.- Canadian investment sectors growing more clout. - Does the size of the company you invest in matter?- What investors should understand about the TSX.- Is Canada the best place to invest all your money?- The best types of accounts to use to hold Canadian investments37:30 – Financial Fix: This week, Travis suggest a way to seek a little more information from your advisor and open up an important conversation around your balance of investments.- - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive. 

It's said that the best dollar earned is a tax-free dollar, but what does what mean when it comes to gratuities, side hustles and flipping assets? In this week's episode of WealthBeing™, Kevin, Sheena and Travis settle in to hear from Accountant Rick Keller on some common misconceptions around taxation, strategies for taking advantage of tax sheltering vehicles and how to grow your wealth through careful tax planning.3:00 – Hot In Money: Does the old adage “sell in May and go away” hold any good advice for your investment choices this year?5:00 – Expert Examination:Get rich quick – is there such a thing? Tax implications of cryptocurrency assets Taking more money home through employer benefit programs Retirement allowances – should people be thinking about taxes? How much do you actually need to claim from tips and gratuities? Is a side hustle worth the time investment with additional taxes? Does e-commerce live up to the earning hype?47:30 – Financial Fix: Sheena's suggestion will have you trading clutter for cash – and stashing it away.- - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

THIS WEEK: If you've created a business, you're probably great at managing the day-to-day. How about what's going to happen in the distant (or not-so-distant) tomorrow when it's time to retire? It was time for one of Sheena's clients to transition out of her business and she wanted to make sure that her employees would be well taken care of without her. Our experts discuss when and how to approach succession planning as a sole proprietor.***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing. 

If being in good financial health was as easy as having the right spreadsheet, we'd never have to worry about the next credit card bill or keeping up with a car loan. But life – and our own habits - seem to get in the way of our good financial intentions. This week, we wanted to find real solutions to living without debt and building wealth, which is why we are thrilled to share this conversation that Kevin, Sheena and Travis had with Author and Financial Coach, Erin Skye Kelly, about her own success story, how she's helped people eliminate hefty debt burdens, and her fresh insights on how to “Get the Hell Out of Debt.”3:20 – Hot in Money: The housing market is always changing, and Sheena, Travis and Kevin break down a recent adjustment to the mortgage stress test and how it might affect affording your next home. 6:00 – Expert examination:·         From MTV to Money Guru – how Erin developed her expertise to help people deal with financial obligations.·         The impact of the pandemic on people's money habits.·         Why budget and net worth are critical to financial health.              ·         How to choose the right kind of budget for your lifestyle.·         Can you have 100% control over your money?·         Carrying credit - yay or nay?       ·         Why you should care about the total cost of borrowing over your loan interest rate.         ·         How to out everything “out in the open” during a debt conversation.·         (59:25) Erin's "Get the Hell Out of Debt" program, book, and incredible early bird offer.- - -If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.- - -WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.

It's easy for your vehicle to go from necessity to status symbol. But letting a purchase, dealership, or abundance of maintenance costs over-stretch your budget will only lead to a financial collision. This week, our Kevin, Sheena and Travis invite Valley First Branch Manager, Aaron Bowyer, onto the show for a conversation about the factors that are worth weighing when it comes to your vehicle.2:30 – Hot in Money: The Canadian dollar has been on the climb and our co-hosts discuss the reasons for the recent fluctuation. 4:43 – Expert examination:·         New, used, repair or share? The best way to get wheels.·         How much of your budget you should spend on your vehicle.·         When leasing is worth considering.·         How to negotiate your vehicle purchase.·         Is it okay to skimp on auto insurance options to save money?·         Getting the best value when saying goodbye - trade-in or sell privately?40:00 – Financial Fix: Sheena's task will help you understand how much moola is going into your vehicle(s), and potentially help you create more comfort for future costs.- - -If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.If you'd like some one-on-one advice from our Financial Advisors in British Columbia, connect with our Island Savings, Envision Financial, Valley First and Enderby District Financial divisions near you.- - -OUR WEALTHBEING HOSTSTravis KoivulaSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstAs an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin's search for new opportunities led him to Envision Financial, a division of First West Credit Union. It is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team, where he now leads business banking advisors to help local companies thrive.

THIS WEEK: What happens with your money and assets late in life? There are probably more factors to consider than at first glance. That was the case for one client who, when widowed, worked with Travis to make sure their lifestyle and legacy were taken care of. Our experts expose the many factors to plan for with your family.Plus! We invite you to an upcoming live conversation with Yufei Man, Director of Asset Allocation and Investment Strategy at NEI Investments. If you're wondering what the market outlook is for 2021 and beyond – and why people are now choosing Responsible Investments in over 60% of their portfolios – register at: https://wealthbeingmay2021.eventbrite.ca/***Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.***OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing. 

More than half of the Canadian investors that you know are likely making vales-based choices. Responsible Investing (RI) is taking off in Canada and we wanted to know why. This week, our co-hosts chat with Yufei Man, Director of Asset Allocation at NEI Investments about what's driving the demand, the future of RI, and whether you're missing the boat with conventional investment choices.2:10 – Hot In Money: All Travis' clients are wondering why the market is doing so well when the economy has seen better days. Our co-hosts explain some factors that influence today's trend. 5:08 – Expert examination:What makes Responsible Investing such a rapidly growing sector in Canada?The different mindsets of responsible investors.Is an all-in or partial approach the best strategy for responsible investing.Who to trust? Discerning “responsible” companies to invest in and the impact of “greenwashing.”Can your portfolio be 100% sustainable – and should it be?Should you invest in renewable energies or energy efficiency?How Government actions impact responsible investments. 45:56 – Financial Fix: Interested to know how the companies in your current portfolio rate on RI measures? Travis has a simple task that will help you understand your impact.- - -You're invited! Attend our live conversation with Yufei Man, Director of Asset Allocation and Investment Strategy at NEI Investments, to find out about the market outlook for 2021 and beyond. Register at: https://wealthbeingmay2021.eventbrite.ca/- - -Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanRegional Manager, Business Banking, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial's Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. He leads a team of business banking advisors to help local companies thrive. You might say he's a dreamer, and Kevin would agree. He is inspired by the dedication with which entrepreneurs pursue their vision and goals, and is a willing and prepared partner for owners to access the financial advice and tools that will support and grow their sustainable business.

THIS WEEK: People often associate retirement with asset accumulation, but a strong personal balance sheet isn't always enough to manage day-to-day expenses. For one couple in their late 70s, the challenge of paying off debt with limited retirement income was a disheartening obstacle. Our experts weigh in on the options available to handle this type of situation proactively and reactively, as well as how Kevin helped his members pay off their debt and gain peace of mind in retirement.Plus! Sheena and Travis invite you to an upcoming live conversation with Yufei Man, Director of Asset Allocation and Investment Strategy at NEI Investments. If you're wondering what the market outlook is for 2021 and beyond – and why people are now choosing Responsible Investments in over 60% of their portfolios – register at: https://wealthbeingmay2021.eventbrite.ca/***WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer. Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.

Earth Day 2021 has our co-hosts thinking about the impact our financial habits on environmental protection and sustainable living. We invite Alex Brocklebank, Island Savings Branch Manager and member of First West Young Leaders, to talk about being greener every day –for your pocketbook and the planet. Use their personal tips to live environmentally-consciously on a budget.1:25 – Hot In Money: Travis, Kevin and Sheena discuss how the new Federal budget could impact your day-to-day financial health.6:34 – Expert examination:·         Assessing the impact of individual spending choices.·         Easy and affordable ways to inject more green choices into your budget.·         Significant planet-friendly changes you can make by spending consciously.·         How to reduce your total footprint on the planet.·         Why Responsible Investments are today's natural choice for tomorrow.·         How our co-hosts make their planet-friendly changes stick.37:46 – Financial Fix: Use Sheena's suggestion over the next two weeks to not only reinforce your earth-friendly habits, but to inspire others around you.- - -If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.If you'd like some one-on-one advice from our Financial Advisors in British Columbia, connect with our Island Savings, Envision Financial, Valley First and Enderby District Financial divisions near you.- - -Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years.

THIS WEEK: There comes a time when every business owner wants to retire and enjoy the fruits of their labour. But for one couple, the decision to sell their business put them at risk of the taxman taking 50% of their profits. Our experts share the story of these business owners and discuss when and how to make sure your exit is structured to reap rewards.WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.------------------------------OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

Without a financial crystal ball (we're still waiting for ours), it can be hard to evaluate all the pros and cons of how to use your money. But one thing we can predict is that by minimizing risk you'll have a healthier financial plan. This week, our co-hosts have teamed up with Derrick Sketchley, Branch Manager at Island Savings (and former WealthBeing co-host) to hold our third debate. These four experts will argue whether eight financial decisions are too much risk or worth the reward. See which debate duo convince our guest moderator, Annie Nolan, Senior Financial Advisor at Island Savings, that they have the winning arguments.- - -If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.If you'd like some one-on-one advice from our Financial Advisors in British Columbia, connect with our Island Savings, Envision Financial, Valley First and Enderby District Financial divisions near you.- - -OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP). Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

THIS WEEK: The potential merger between telecom companies Shaw and Rogers has investors wondering if they should sell now and benefit from the recent stock price increase or wait for an even higher pay day. Our experts discuss the factors that should weigh into a decision about when to sell, and how Travis helped his members make a smart decision.WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.------------------------------OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

Everyone is targeted by fraudsters - probably more often that you realize - and their techniques only get more sophisticated over time. As a credit union, we hear about scam attempts and victims every day, which is why we've invited Barbara Wittner, Assistant Manager of our Member Advice Centre to talk with Kevin, Sheena and Travis about the most common signs of fraud and how to protect your financial health.2:30 What's hot in money: There's been more news lately about the price of alternative currencies, so our co-hosts explain why they're on everyone's mind and if they're a good idea.6:10 Expert Examination:·         The prevalence of fraud in our lives today.·         Identifying fake information from sources you usually trust.·         How COVID-19 is creating new opportunities to be defrauded.·         When searching for love could leave you financially broken up.·         Why you should be skeptical of unexpected job offers.·         When tech support is anything but helpful.·         Why bitcoin and gift cards are a scam red flag.·         Investment schemes that will ruin your retirement dreams.·         How our credit union helps protect your money.46:20 Financial Fix: In just a few minutes you can increase the barrier between scammers and your money.If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.If you'd like some one-on-one advice from our Financial Advisors in British Columbia, connect with our Island Savings, Envision Financial, Valley First and Enderby District Financial divisions near you.Our WealthBeing Hosts Travis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential Securities Travis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP). Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met E

THIS WEEK: With cash-in-hand, a couple is searching for the highest term interest they can get. But at a time of historically-low rates, Kevin will have to get creative to help them thrive. Our experts discuss why this popular investment option isn't performing as well as it used to, and options to keep it in your portfolio or try something different.WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.------------------------------OUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

Women in Canada are gaining more control of accumulated financial wealth and that brings more opportunities and decisions. This week Kevin, Sheena and Travis talk with Angela Brown, Head of Brand Engagement and Storytelling at First West Credit Union, about how women have become more involved in their financial health, how to handle modern challenges, and other ways that women live a rich life.1:50 What's hot in money: The co-hosts explain what's happening with five-year bond yield and mortgage rates.8:45 Expert Examination:·         How women's relationship with money has changed over time.·         Addressing income disparities.·         Differences in debt.·         Unique challenges in savings, investing and financial decision-making.·         Women's greater perception of wealth.·         Additional resources.42:40 Financial Fix: Knowledge is power, and this challenge will give you more of an advantage when making financial decisions.If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential Securities Travis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP). Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

THIS WEEK: A couple making the move to BC were quickly getting caught up in a bidding war for that “perfect property.” Our experts discuss the prevalence of competitive offers in a hot housing market and strategies to handle – or avoid – falling prey to this financial trap.WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners – and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Or visit any of our Island Savings, Envision Financial, or Valley First locations to talk with an advisor who will provide personal financial advice.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

Some financial topics are easy to discuss with your loved ones – while other money matters are easily forgotten (or avoided). This week Kevin, Sheena and Travis talk with Harpreet Grewal, Envision Financial Branch Manager, about tips and scenarios that you can learn from to have productive financial conversations with your own family.1:40 What's hot in money: Important financial dates you don't want to miss.4:30 Expert Examination:·         What to know before approaching a financial conversation with family.·         Ways to talk to children about money throughout their childhood.·         Matters that are meaningful to every partnership.·         To bail out your family financially – or not?·         Handling conversations about estate planning.·         Subjects that you could – and should – discuss with your family.·         Would a financial advisor make money conversations easier?38:00 Financial Fix: Think ahead this week and make sure the people who might inherit from you are aware and prepared.Take the Financial Times money psychology quiz: https://ig.ft.com/sites/quiz/psychology-of-money/If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. On every episodeBeing in good financial health makes you feel at ease every day. You are free to pursue your goals and prepared to manage your future needs. Could your pocketbook be in better shape? If life has thrown you a financial curveball, or if you just want to be more in control of your money, tune-in to WealthBeing. Every week, we diagnose a spending, saving, borrowing, investing, or other financial problem to provide simple advice that can help you thrive.You'll hear about real-life financial challenges that our Island Savings, Envision Financial, and Valley First hosts, expert guests and our members have encountered. We'll share the time-tested financial solutions we recommend to members. And every week you'll receive a simple strategy that you can use right away to improve your financial health.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin Lehman

WealthBeing's mini Money Problem episodes share a real financial challenge or question from our members, clients, or listeners and the advice our experts provided to help. Learn from their experience and you'll be prepared to make the best financial decisions for your pocketbook.THIS WEEK: After being auto-enrolled in Old Age Security, Travis' clients sat down for a planning meeting and got a potentially costly surprise. Our experts discuss the pros and cons of auto-enrollment and what you should know before drawing your OAS.Do you have a Money Problem you'd like our help with? You can contact Kevin, Sheena and Travis with your question at wealthbeing@firstwestcu.ca. We will get back to you with an answer.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

Money might be a universal need, but how we relate to financial choices and experiences is unique. With Valentine's Day approaching, Kevin, Sheena and Travis talk with Susan Coulson, Director of Special Accounts at First West Credit Union, about the relationships we have with money and how that knowledge can better our lives and our partnerships.2:25 | What's hot in money: An online forum and good intentions are shaking up the investment world.8:00 | Expert Examination:·         What does it mean to have a relationship with money and why should we want to know?·         The money motivations that reveal your financial relationship status.·         How you develop your relationship to money.·         Ways that your, and your partner's, financial motivations can impact your happiness.·         Should you try to change your relationship to money?34:00 | Financial Fix: If you'll be spending time reflecting on your partnership this Valentine's Day, Sheena has an activity for you both that could deepen your connection.Take the Financial Times money psychology quiz If you have an undiagnosed financial concern or want to better understand a financial subject, send Kevin, Sheena and Travis your question at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.YOUR WEALTHBEING HOSTSTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential Securities Travis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP). Sheena SandersWealth Planning Specialist, Valley FirstSheena meets every client with a fervent desire to create a uniquely remarkable experience. As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, her array of knowledge and experience means that Sheena leave no question unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team. Clients benefit from her strategic approach and “big picture” mindset that incorporates tax optimization ESG principals and integration.Kevin LehmanAssistant Branch Manager, Envision FinancialWhen asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial Assistant Branch Manager, Kevin Lehman, he's likely in your top five personal game-changers. After attending the University of the Fraser Valley, Kevin sought new opportunities that led him to begin his career with Envision Financial, a division of First West Credit Union. And it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and join the management team within five years. Today, as Kevin continues to pursue his Personal Financial Planner designation, he coaches a team of advisors to make a lasting impression on people's wellbeing.

There are times when you want to shake up your life – or it gets shook for you. Our pocketbooks aren't impervious to life changes, so this week, Derrick and Travis are talking about how to handle financial changes – and a change that WealthBeing is taking – with our colleagues at Valley First, Sheena Sanders, and Envision Financial, Kevin Lehman. Listen in to hear how they handle financial transitions.1:10 Money Problem: Someone dropped in on Travis with a story of financial woe – but hesitation to make any changes.3:25 Expert Examination: Travis, Derrick, Sheena and Kevin get into the changes you can expect to make in life – and how to transition successfully:·         What kind of change is significant to signal a financial transition?·         Becoming financially independent.·         The financial impact of a new career.·         Handling a change of home.·         Financial tips for family fluctuations.·         Cash challenges for couples.·         Transitioning through age.·         WealthBeing is transitioning to expand your financial savvy.23:15 Weekly Financial Fix: If you've got a change happening, this week's task will make sure you have back-up to get through it with support.If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.On every episodeBeing in good financial health makes you feel at ease every day. You are free to pursue your goals and prepared to manage your future needs. Could your pocketbook be in better shape? If life has thrown you a financial curveball, or if you just want to be more in control of your money, tune-in to WealthBeing. Every week, we diagnose a spending, saving, borrowing, investing, or other financial problem to provide simple advice that can help you thrive.You'll hear about real-life financial challenges that our Island Savings hosts, guests and members have encountered. We'll share the time-tested financial solutions we recommend to members. And every week you'll receive a simple strategy that you can use right away to improve your financial health.

We often think of RRSPs, TFSAs and taxes as easy tools to save some money. But you may be missing some strategic decisions – or making some mistakes - that affect your pocketbook. This week, Derrick and Travis talk with Doug Carroll, Tax & Estate Specialist at Aviso Wealth, about smart tax-linked savings decisions you can make in 2021.1:10 Money Problem: When one of Travis' clients we transitioning to retirement, their savings and tax plan suddenly called for an overhaul.3:00 Expert Examination: Travis, Derrick and Doug reveal the financial choices you'll face this year that can affect your tax outcome:How to use an RRSP as a tax advantage – and mistakes many people are making.When a TFSA is a better savings option than an RRSP.Why there's no single-source savings strategy.Should you choose a beneficiary or successor for your registered savings accounts?Tax strategies for families to follow.Special tax options for seniors.23:15 Weekly Financial Fix: If you're always rushing to file your taxes, Travis' task this week will eliminate your panic.If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. On every episodeBeing in good financial health makes you feel at ease every day. You are free to pursue your goals and prepared to manage your future needs. Could your pocketbook be in better shape? If life has thrown you a financial curveball, or if you just want to be more in control of your money, tune-in to WealthBeing. Every week, we diagnose a spending, saving, borrowing, investing, or other financial problem to provide simple advice that can help you thrive.You'll hear about real-life financial challenges that our Island Savings hosts, guests and members have encountered. We'll share the time-tested financial solutions we recommend to members. And every week you'll receive a simple strategy that you can use right away to improve your financial health.

What do tulips, tech, and Tesla all have in common? They are all examples of how one of the most precarious investment events–assets bubbles–affect our financial health. Most of us have been tempted to “get in on the game” when a sector or stock rises steeply, which is why Derrick and Travis invited Island Savings' Director of Wealth, Robin Marshall, for a conversation about how to manage your money when an asset bubble could pop-up up at any moment.1:10 Money Problem: When a client of Derrick's got excited by the investment growth his friends were making on cannabis stocks, he wanted to jump into a risky trading pool.3:20 Expert Examination: Travis, Derrick and Robin examine asset bubbles of the past to learn how they happen, and how to handle them:·         Defining an asset bubble.·         How asset bubbles are created.·         Famous asset bubbles.·         What happens to an asset bubble after the peak?·         Should you avoid investing in an asset bubble or can it be strategic?·         What to do if you're trapped in a bubble?23:20 Weekly Financial Fix: Before you throw all your savings into the “hot new investment,” Travis has a tip that will help you consider how you'll cope if things don't turn out well.If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. On every episodeBeing in good financial health makes you feel at ease every day. You are free to pursue your goals and prepared to manage your future needs. Could your pocketbook be in better shape? If life has thrown you a financial curveball, or if you just want to be more in control of your money, tune-in to WealthBeing. Every week, we diagnose a spending, saving, borrowing, investing, or other financial problem to provide simple advice that can help you thrive.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager(CIM), Fellow of the Canadian Securities Institute(FSCI) and a Chartered Strategic Wealth Professional(CSWP). Derrick SketchleyBranch Manager, Island Savings, WestshoreFrom work to play, Derrick is always helping people live well. As manager of Island Savings' Westshore branch, he leads a team to help members become educated and feel confident about their financial picture. Throughout his eight-year career in the financial industry, Derrick has helped people understand how to set and meet goals that take care of their immediate needs, family finances, long-term aspirations, and retirement. He believes that simple financial planning starts with trusted advice, and leads to a more fulfilling life.Ask Derrick for help and he'll give you 110%, believing that the result of his effort will pay-off in multitudes. Whether he is helping his family, friends, or Island Savings' members, Derrick is always happiest when he's making a difference. He believes that a strong community leads to stronger, happier individuals.

How much money could you save – or earn – this year by asking a few questions? This week, Derrick and Travis invited Don Presley, Senior Manager of Special Accounts at First West Credit Union, to talk about how and when to flex your negotiating skills. Find out how to have even more control over your finances with these tips. 1:20 Money Problem: Travis recounts a time when a couple was presented with a negotiation scenario that would win or lose them their dream home. 3:00 Expert Examination: Travis, Derrick and Don reveal simple strategies that will help you navigate a negotiation: Is negotiating a special talent? What stops many people from negotiating. Using conversation to improve your results. Setting the right expectations for your negotiation. Things to do before your negotiation begins. Questions, methods, and the mindset that can improve your negotiating success. 23:10 Weekly Financial Fix: During the January shopping lull, Travis encourages you to start building a negotiating habit. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

We've all felt some money stress about affording an expense or saving for a goal, but the ties between financial and mental health run even deeper than these obvious needs. This week, Derrick and Travis are talking with Kabir Bhagaria, Manager of Employee Health and Safety at First West Credit Union, about how your mind creates behaviours and responds to influences that ultimately shape your financial wellbeing. 1:40 Money Problem: Travis' client never really mastered the art of budgeting, so when a big inheritance came along, they had an opportunity to change their outlook on financial management. 4:00 Expert Examination: Travis, Derrick and Kabir get into the way the way you think affects your pocketbook – and vice versa: The impact of financial concerns on happiness. Signs that money is affecting your mental health. Fallout from financial stress. Creating conditions to make good financial decisions. What to do when other people's money problems affect your mental health. Recognizing and managing mental triggers that affect your financial actions. 23:00 Weekly Financial Fix: 2021 can be the year you worry less about money with Travis' simple financial task. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

With so many ways to manage your money, it's can be hard to know which advice is best. This week, Derrick and Travis talk with Island Savings' Branch Manager, Barb Fabian, about figuring out which financial habits and practices will help you stay on track.  1:25 Money Problem: A client of Derrick's had a tried-and-true financial rule that was keeping him from building his wealth for retirement. 3:30 Expert Examination: Travis, Derrick and Barb discuss the value of setting financial rules and how to define your own: What a financial rule can help you accomplish. How to know when you need a financial rule. Financial rules that work for many people. Choosing financial rules for yourself. Financial rules for families to consider. When to change a financial rule. 23:35 Weekly Financial Fix: Travis has a task that will help you identify financial rules that are failing you – and replace them with something that works. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

It's not unusual to forget to pay a bill, or overspend once or twice, but there are certain financial mistakes that could worsen your financial health. This week, Derrick and Travis are talking with one of Island Savings' most experienced financial experts, Brad Lesiuk, about how to avoid or escape making a costly financial mistake.  1:25 Money Problem: When Derrick worked in England, he was faced with the challenge of helping a client clear up a financial mistake and reunite a family. 4:10 Expert Examination: Travis, Derrick and Brad unearth the most common financial mistake and how you can avoid them: The difference between minor errors and significant mistakes. A common oversight of homeowners. The fall-out from divorce. Investing in the time-share dream. Many ways that relocating impacts your financial plan. How thinking you're invincible is a financial threat. What to do if you've made a financial mistake. 23:15 Weekly Financial Fix: the holidays are a great time to reset your financial thinking, and Travis challenges you to ponder some useful financial questions. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

If you find yourself feeling financial pressure during – or following – the holiday season, Derrick and Travis want to help you identify where your spending is leading to stress. This week's tips will help you feel merry about how you spend your money.  1:45 Money Problem: Derrick met a member whose was haunted by the ghost of holiday spending stress. 2:40 Expert Examination: Travis and Derrick aren't immune to holiday spending traps – but they have learned how to recognize and manage their money, leading to a happier New Year: Holiday traps that you'll encounter before you even start shopping. How to decide an amount to budget for the holidays. Why equivalent gift-giving can blow your budget. Online shopping traps. Deal or no-good deal? How to identify traps that will encourage you to spend too much. Dealing with gift-giving expectations. 23:30 Weekly Financial Fix: With a pen and paper, you can follow Travis' task to identify the holiday spending traps that are most likely to catch you – and plan to avoid them this year. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

Whether you want to help yourself or others be better with money, the time you invest in scaling-up your financial expertise has great value. For our conversation during Financial Literacy Month, Derrick and Travis are talking to Island Savings' Branch Manager, Brooklyn Mann, about how – with a little effort – anyone can become an expert in their own finances or as a career path.  1:00 Money Problem: After receiving a LinkedIn message, Derrick's advice to an eager graduate helped him accelerate his financial expertise and his career. 3:30 Expert Examination: Travis, Derrick and Brooklyn discuss how they developed their financial expertise and the strategies that others can use to expand their knowledge: What it means to be an expert in your own finances, and why it's the right time to take action. Are financial experts naturally talented at math? Resources that can expand your expertise over your money – and how to identify good sources of information. How Brooklyn, Derrick and Travis became professional financial experts. What you need to know to build a career in banking and investments. 23:50 Weekly Financial Fix: This week, Travis has an easy task that will connect you with a resource to further your own financial expertise. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.  

No one is an expert at everything – but how skilled are you at making financial decisions? It's Financial Literacy Month, and this week our WealthBeing hosts are talking with Island Savings' Branch Manager, Evan Yuan, about what it means to be “bad” with money – and how to make confident, wise decisions instead. 1:40 Money Problem: When Derrick heard about a new clients' financial history, he discovered that his awareness and mindset about money was preventing him from even trying to reach his financial goals. 4:15 Expert Examination: Travis, Derrick and Evan identify the signs of poor money habits and strategies to be “good” with your money: Why people think they are “bad” with money. Identifying poor money habits. How to make financial decisions that serve you well. Resources to self-coach yourself into smart money management. How a financial advisor can kick-start your financial wellbeing. Recovering from a financial failure. 23:15 Weekly Financial Fix: Travis has one easy way to be good with your money – and avoid temptation – this week. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing , or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

One of the best ways to become more financially savvy is to learn about what has worked for those who have reached the same goals. This week, our WealthBeing hosts are giving you a review of six books by well-known financial experts on topics from personal finances to building wealth. Listen to find out how  these books will help you improve your financial literacy. 1:15 Money Problem: When Travis' client suddenly had to take over the family finances, she needed a solid influx of know-how. 2:30 Expert Examination: Derrick and Travis discuss how a book can uplift your financial knowledge: Financial book review: “Happy Money: The New Science of Smarter Spending” by Elizabeth Dunn and Michael Norton. Financial book review: “Financially Ever After: The Couples' Guide to Managing Money” by Jeff D. Opdyke. Financial book review: “Think and Grow Rich” by Napoleon Hill. Financial book review: “The Richest Man in Babylon” by George S. Clason Financial book review: The Snowball: Warren Buffett and the Business of Life” by Alice Schroeder. Financial book review: "One Up on Wall Street” by John Rothchild and Peter Lynch. Where to find and how to choose a good financial read. 28:00 Weekly Financial Fix: Travis encourages you to explore financial literacy that will help you achieve your goals. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

It's Financial Literacy Month during November, which means that it's time to examine some topics that help people become much more savvy about their money. One of the best skills that you can have is the ability to seize the right financial opportunities. This week, Travis and Derrick have invited Blake Ellis, Investment Advisor for Credential Securities and Senior Wealth Advisor at Island Savings Wealth Management, to talk about their experiences and expertise when it comes to evaluating the good, bad, and unknown of a financial opportunity. 1:20 – Money Problem: Travis' client inherited more money than they ever had before. The opportunities for real estate versus stock investments abounded and they couldn't make the right choice on their own. 3:40 Expert Examination: Derrick, Travis and Blake pull back the curtain on their own successes, challenges and the principles they've learned to find good financial opportunities: Financial opportunities that turned out well. Decisions that didn't pay off. Missed opportunities. Types of financial opportunities you'll likely encounter. Red flags for a poor investment opportunity – and the signs of a diamond in the rough. How to get off the fence about a financial opportunity. Bouncing back from a financial fail. Understanding your risk tolerance. How to position yourself for a good financial opportunity. 29:15 – Weekly Financial Fix: With a little reflection on past hits, misses, and fails, Travis has a task to help you prepare for a winning future financial opportunity. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

When it comes to your financial health, sometimes it pays to be afraid. From creeping interest rates to being haunted by poor decision-making about managing your money, the are many financial boogeymen to avoid. This week, Travis and Derrick are talking about some healthy financial fears with one of Island Savings most established financial experts, Ruth Saunders, Assistant Manager at our Mayfair branch. Take heed of their advice and you'll live with less financial fear. 1:30 – Money Problem: Derrick met a couple who came into a significant amount of money, but they still lived in financial fear. Not for their own wellbeing – they were afraid for their kids who hadn't learned how to protect their financial health. 4:00 Expert Examination: Derrick, Travis and Ruth uncover specific financial situations that should be cause for concern – and how to avoid getting caught in the trap: Having enough spending control. Thinking a bad credit score is no-big-deal. Planning only as far as the next paycheque. The good and bad of living on borrowed money. Investment fears for the ages. The scary consequences of not knowing your tax situation. How to “insure” you have fewer financial fears. Kids, parents, inlaws – should we be afraid of financial dependencies? Avoid compounding fear about retirement income. 29:50 – Weekly Financial Fix: It may be simple, but Travis' advice this week will inspire you to eliminate your financial fears by focusing where it matters most. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.  

Most of the money you save is likely to be spent when you're enjoying your retirement. But not all our goals are decades away. This week,Travis and Derrick have invited Justin Paniak, Wealth Planning Specialist at Island Savings, to help us evaluate short-term investment options that you can use to grow your money: 1:30 – Money Problem: Travis' client had some cash in-hand and a desire to quickly pay-off their mortgage, but needed help to avoid losing money to penalties. 3:30Expert Examination: Derrick, Travis and Justindive into the pros and cons of your short-term investing options: What classifies an investment as “short.” Good reasons to invest your money for a short amount of time. Taking a close look at the types of short-term investments you can choose: GICs, real estate, currency, money market accounts, gold and silver, regular savings accounts. Tax implications of short-term investments. Strategic ways to include short-term investments in your portfolio. 23:00–Weekly Financial Fix: Travis has a recommendation that will help you put to work any money languishing in a short-term investment. If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

You'll find plenty of pearls of financial wisdom from celebrity gurus. But how much weight should you give their recommendations about saving, spending and investing? This week, with the help of our debate moderator Annie Nolan, a Senior Financial Advisor at Island Savings, our regular hosts dispute the financial advice from five popular personalities. Will you agree with Travis or Derrick on these important motions:Is Bruce Sellery correct that you should avoid investing in gold?Do we agree with Suze Orman that co-signing a loan is a no-no?Should we follow Tony Robbins advice and make protecting our money the first priority?Would Dave Ramsey's financial advice be the best way to eliminate debt?Kevin O'Leary only invests in dividend-paying stocks – should you?22:50 – Weekly Financial Fix: Travis has three questions to ask yourself to validate the financial advice from a celebrity guru.If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager(CIM), Fellow of the Canadian Securities Institute(FSCI) and a Chartered Strategic Wealth Professional(CSWP). Travis specializes in working with Island Savings members who are US citizens and transferring American assets to Canada. He has extensive experience in retirement income and estate planning and enjoys helping members find ways to maintain a steady income when they are no longer working.Derrick SketchleyBranch Manager, Island Savings, WestshoreFrom work to play, Derrick is always helping people live well. As manager of Island Savings' Westshore branch, he leads a team to help members become educated and feel confident about their financial picture. Throughout his eight-year career in the financial industry, Derrick has helped people understand how to set and meet goals that take care of their immediate needs, family finances, long-term aspirations, and retirement. He believes that simple financial planning starts with trusted advice, and leads to a more fulfilling life.Derrick's desire to help others thrive extends well beyond his workday. From a young age he involved himself in the community as a volunteer firefighter, Big Brother, advocate for BC Children's Hospital, lead fundraiser for the United Way, and by teaching financial literacy to local schoolchildren. Ask Derrick for help and he'll give you 110%, believing that the result of his effort will pay-off in multitudes. Whether he is helping his family, friends, or Island Savings' members, Derrick is always happiest when he's making a difference. He believes that a strong community leads to stronger, happier individuals. 

Being in charge of your own business means you're also the boss of your own financial health. For owners and entrepreneurs – and anyone thinking about a new business venture – a traditional financial plans won't be enough to build wealth. This week, Travis and Derricktalk to Leslie Dheensaw, Commercial Banking Advisorat Island Savings, about strategies to make and manage money as a business owner. 1:00Money Problem:Travis' friend Kurt had a big dream of owning his own business in Victoria, but wasn't financially prepared to set-out on his own. 2:50Expert Examination:Derrick, Travis and Leslie reveal the financial factors that help a business person thrive after the nine-to-five: How the type of business you own affects your financial choices. Earning an income thorough your business. Is key person insurance a necessity? Choosing the business structure that will protect your financial future. Tips for profitable partnerships. Funding your first steps as an entrepreneur. 23:40–Weekly Financial Fix:With a little inspection, Travis' tip this week will help business owners maximize their profit..  If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

Do darker days and rainy mornings have you dreaming of fleeing Canada to a warmer climate for a few months? This week, Travis and Derrickinvite Doug Lawson, a professional accountant with Hutcheson & Co., to talk about the financial factors that you need to know before becoming a snowbird. 1:00Money Problem:Travis' clients were enjoying so many days as snowbirdsthat they were incurring some financial risk. 2:30Expert Examination:Derrick, Travis and Douginvestigate the financial planning you need to do to enjoy a snowbird lifestyle: What it means to live like a snowbird and why fly south for winter. How the substantial presence test could complicate your tax situation. Managingassets and tax filings in two countries. Making sure you can easily access your income when living in the US. Will you spend more or less on living expenses as a snowbird? Is extra insurance necessary when living part-time outside Canada. The best strategies to manage property in two countries. 23:20–Weekly Financial Fix:A simply phone call that can protect your property and financial health.  If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode. 

How has your thinking about investments changed over the years – or even this year? Our risk tolerance never stays the same, and this week, Travis and Derrick continue a conversation with Yufei Man, Director of Asset Allocation and Investment Strategy at Northwest and Ethical Investments, about how to make the best investment decisions in 2020 and beyond.2:00 Money Problem: Like many people in 2020, Travis' client was getting cold feet about keeping his money invested this year.3:45 Expert Examination: Derrick, Travis and Yufei Man dive into how our mindset can help or hinder our investment efforts:Pros and cons: investing in guaranteed investments only.Willingness and ability – how to discover your own risk tolerance.Why you'll always be behind trying to “time the market.”The market outlook for 2020 and 2021.Will Canada's debt burden drown market growth?Managing the mental stress of changing markets.     23:20 – Weekly Financial Fix: If the markets are messing with your positive outlook about investing, Travis has an easy suggestion to restore your confidence.If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.On every episodeBeing in good financial health makes you feel at ease every day. You are free to pursue your goals and prepared to manage your future needs. Could your pocketbook be in better shape? If life has thrown you a financial curveball, or if you just want to be more in control of your money, tune-in to WealthBeing. Every week, we diagnose a spending, saving, borrowing, investing, or other financial problem to provide simple advice that can help you thrive.Our WealthBeing HostsTravis KoivulaB.Eng, CFA, CFP®, CIM, FCSI, CIWMSenior Wealth Advisor | Senior Investment Advisor Island Savings Insurance Services | Credential SecuritiesTravis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, passing all three tests on his first attempt. In addition he is a Certified Financial Planner (top 1% of his class), Canadian Investment Manager(CIM), Fellow of the Canadian Securities Institute(FSCI) and a Chartered Strategic Wealth Professional(CSWP).  Born and raised in Kamloops, Travis completed his Bachelor of Engineering degree at the University of Victoria and developed strong ties to the Capital region. Inspired by the work of Warren Buffett and Peter Lynch, he switched paths and turned his hobby and love of investment strategy into a career. Travis specializes in working with Island Savings members who are US citizens and transferring American assets to Canada. He has extensive experience in retirement income and estate planning and enjoys helping members find ways to maintain a steady income when they are no longer working.Derrick SketchleyBranch Manager, Island Savings, WestshoreFrom work to play, Derrick is always helping people live well. As manager of Island Savings' Westshore branch, he leads a team to help members become educated and feel confident about their financial picture. Throughout his eight-year career in the financial industry, Derrick has helped people understand how to set and meet goals that take care of their immediate needs, family finances, long-term aspirations, and retirement. He believes that simple financial planning starts with trusted advice, and leads to a more fulfilling life.Derr

The way we think about money has a lot to do with our success at building wealth. But making a good decision is difficult when the markets seem to turn on a dime. In part one of this conversation, Travis and Derrickinvite Yufei Man, Director of Asset Allocation and Investment Strategyat Northwest and Ethical Investments,to talk about the factors that affect your investment decisions. 1:30 Money Problem:In 2008, a couple of Travis' clients had just retired when the great recession happened. They were losing sleep and wondered if they should sell all their investments to stay secure. 4:30 Expert Examination:Derrick, Travis and Yufei Mandive into how our mindset can help or hinder our investment efforts: The type of mindsets that lead to investment failure or success. Investment strategies you can use to take advantage of market blips. Why emotional decision-makingleads you toward poor investment decisions. Recognizing normal vs significant market fluctuations. Our mindset on money in 2020. 22:25–Weekly Financial Fix:Travis has a proactive challenge that will help you eliminate emotional decision-making when it comes to your investing choices.  If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at wealthbeing@firstwestcu.ca, and we will consider it for a future episode.