Podcasts about MoneySense

Today, we're going to cover what you need to know from a tax, investing, and financial planning perspective as all our taxes become due here in Canada on April 30th, 2025, and as we get well underway with 2025 in general. As you know, the government makes changes every year in these areas. The implications of these changes can have a pretty substantial impact on how much you pay in taxes, your net worth, and what government benefits you are eligible to get, and how much you get. These can easily affect your net worth in the thousands of dollars every single year, so it's definitely in your and my best interest to know about these changes and get a bit of a refresher, so that we can all better prepare, and also take advantage of any opportunities that arise, like any benefits that we might become eligible for. A Big Thanks to Our Sponsors: Incogni: Get 60% off Incogni by using the link http://incogni.com/buildwealth PolicyMe Life Insurance: Proudly Canadian, get a no obligation quote at buildwealthcanada.ca/policyme ETF Market Insights and BMO ETFs: Catch the latest episodes on YouTube Here. BMO Asset Allocation ETFs: I use these ETFs a lot, and they are the largest Canadian ETF provider. Why wouldn't you want to buy from a Canadian provider with your ETFs? You can see them and learn more here: BMOETFs.com  About Our Guests: To help me with this episode, I have Certified Financial Planners Jason Heath and Paul McVean on the show. Jason is a popular returning guest on the show, definitely one of the more well-known and respected financial planners, here in Canada. Jason has been providing fee-only, advice-only financial planning since 2002, so over two decades. He is also a personal finance columnist for the Financial Post, MoneySense, and Canadian MoneySaver. He has a Bachelor of Economics degree from York University and holds the Certified Financial Planner designation. In addition to being a Certified Financial Planner, our 2nd guest, Paul McVean is also a Senior Tax Accountant, he is a CPA, and he's a Trust and Estate Practitioner (a TEP), so definitely very knowledgeable, especially on the tax, and how to save you tax side of things where he has over 25 years of experience. Jason and Paul are both fee-only financial planners here in Canada, which means they don't sell any investments so there isn't that potential conflict-of-interest that you see a lot of here in Canada where someone calls themselves a financial planner or a financial advisor, you think you're getting a good financial plan and that they have your best interests at heart, but really they are just trying to get you to buy the investments that their firm sells so that they can earn a hefty commission. None of that here, we're going for purely unbiased financial education in this episode with Jason and Paul. If you want to speak to Jason, Paul or someone from their team, you can reach them at buildwealthcanada.ca/jason. Jason and his team have been increadible educational contributors to the Build Wealth Canada Podcast for multiple years now, their episodes are consistently some of the most popular on show, and I did want to give a big thanks to Jason as he has once again agreed to continue giving Build Wealth Canada listeners a discount, if you do decide to work with them when it comes to your financial planning, optimizing your taxes, etc. A big thanks to Jason for that, and that link again to speak to them to see if you are a good fit for each other, and to get a discount if you do decide to work together is buildwealthcanada.ca/jason.  And now let's get into the show. Questions: To kick things off, can you take us through any significant changes and things to keep in mind for 2025 when it comes to investing, taxes, and financial planning in general, here in Canada? One other thing that I wonder about is the importance of tax planning. I get the impression most accountants are tax preparers, not tax planners. Can you talk about the difference and why it matters? Let's talk about the elephant in the room: The changes to the capital gains inclusion rate. This could have a major financial impact for many of us here in Canada, but I think there are also a lot of misconceptions of who this applies to and in what situations.  One very attractive headline that I see here in Canada from time to time, is that for 2025 for example, Canadians can receive up to $53,375 in eligible Canadian dividends tax free, if the investments are in their taxable investment accounts (and if they have no other sources of income).  Some retired couples, and aspiring early retirees will then reason that combined with their spouse, they can each earn that $53,375 tax free every year, so $106,750 together. They can then just live off their dividends in retirement, pay no income tax, and never have to sell anything.  This strategy has a lot of different caveats and very easy mistakes to fall into. Can you unpack this for us so that we are all aware of this strategy, but also understand its risks and limitations. While on the subject of dividends, one big consideration for Canadians is that when we receive Canadian dividends in our taxable accounts, those dividends can increase the speed at which we start getting clawed back on our government benefits like the Canada Child Benefit (CCB) and Old Age Security (OAS) for example (i.e. the gross up).  One potential solution for this, is to use corporate class ETFs like HXCN from Global X for example (previously Global X was under the brand Horizons). What are your thoughts on these ETFs and can you give us your thoughts on the extra risk that we are taking on by using this type of structure where our dividends are essentially being turned into capital gains so that we don't have to worry about these clawbacks as much?  For anybody new to this world of Canadian financial planning and optimization, can you take us through what an advice-only financial planner is (what you are), compared to a more traditional financial advisor title/role here in Canada?

L'essentiel des nouvelles le 28 janvier 2025---Consultation gratuite de l'agence Podpass sur la publicité en podcasts: https://bit.ly/appel-podpass ---Le gouvernement Legault va proposer un nouveau modèle d'intégration des immigrants Chrystia Freeland propose un plan de représailles contre les tarifs douaniers que Donald Trump menace d'imposer à compter de samedi sur les produits canadiens.Donald Trump dit qu'il ne «sait pas» si un troisième mandat lui est interditLes valeurs de plusieurs titres boursiers d'entreprises technologiques américaines associées à l'intelligence artificielle, comme Nvidia, ont chuté hier à la suite d'une annonce d'un concurrent chinois.La startup montréalaise Optable a levé près de 29 millions $ pour exporter son système de gestion de données publicitaires Le temps que consacrent les PME à la paperasserie a augmentéLe site canadien MoneySense a dressé une liste des meilleures actions canadiennes à dividendes pour cette année. Vous pouvez consulter la liste à infobref.com/meilleures-actions-moneysense-2025-01 Les musées ne seront plus gratuits pour tout le monde le premier dimanche du mois--- Version écrite de ces nouvelles et autres nouvelles: https://infobref.com S'abonner aux infolettres gratuites d'InfoBref: https://infobref.com/infolettres Où trouver le balado InfoBref sur les principales plateformes de balado: https://infobref.com/audio Commentaires et suggestions à l'animateur Patrick Pierra, et information sur la publicité-commandite de ce balado: editeur@infobref.com Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

When planning to immigrate to Canada, we often spend a considerable amount of time learning about schools, where to find a house, the cost of groceries, the best cities to find a job, rental costs, and more. We rarely bother trying to understand how the Canadian financial system works.It doesn't help that once you land and walk into a bank to open an account, the banks stuff a credit card into your palms and ask you to review dozens of forms and sign. So it's not surprising that when we ignore the one thing that underpins most of the factors mentioned above, we experience a significant drop in financial confidence as we battle with our settling-in checklist. Check out Interac Corp's survey on newcomer's financial confidence.I was no different. And if I could go back in time, the one biggest thing I would have done differently is to buy the book, Seventeen to a Millionaire by Douglas Price. Yes, it was written for a seventeen-year-old in Canada. But I dare say as a newcomer to Canada, we are all like 17yos when it comes to understanding the nuts and bolts of the Canadian financial system.I had the honor of chatting with Douglas Price on The Newcomers Podcast about his book and why it's a MUST-READ for newcomers. We also talked about:* The golden rules of making money in Canada* How to approach the world of credit* Why he thinks the TFSA is one of the best tools for saving and investing money* The money truths he's learned while working on the book* And the backstory of how the book came to lifeEnjoy. P.S. Seventeen to Millionaire is currently #1 on Amazon's Personal Financial Planning book list and was chosen by Moneysense contributors, influencers, and money experts as one of the top 25 timeless personal finance books. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thenewcomerspod.com

Times are tough for many Canadians - and maybe spending money you don't have doesn't fit into your plans this year. Or maybe you want the money you do spend on gifts to be put to good use. Lisa Hannam is the Editor in Chief at MoneySense.ca. She speaks to host Kris McCusker about how to have an awkward conversation if you don't want to buy gifts this year - and would rather focus on what's really important. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter

Times are tough for many Canadians - and maybe spending money you don't have doesn't fit into your plans this year.Or maybe you want the money you do spend on gifts to be put to good use.Lisa Hannam is the Editor in Chief at MoneySense.ca.She speaks to Kris McCusker about how to have an awkward conversation if you don't want to buy gifts this year - and would rather focus on what's really important.   Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

On this episode of the addy podcast, co-founder Stephen Jagger speaks with Andrew Hallam, an internationally acclaimed personal finance journalist, speaker, and best-selling author of Balance: How to Invest and Spend for Happiness, Health, and Wealth, Millionaire Teacher, and Millionaire Expat. Andrew's expertise has been featured on CNBC and in The Wall Street Journal. He's also a prolific columnist, having written for The Globe and Mail, MoneySense, and other leading publications. Andrew Hallam - https://andrewhallam.com/ addy - https://addyinvest.ca/ Disclaimer Purchasing investments made accessible through addy will unless otherwise indicated be conducted by by registered dealers (including, in the case of exempt market products, exempt market dealers), registered or exempt funding portals or directly by issuers of securities. The information provided on addy's website, webinars, blog, emails and accompanying material is for informational purposes only. It does not constitute or form any part of any offer or invitation or other solicitation or recommendation to purchase any securities. It should not be considered financial or professional advice. You should consult with a professional to determine what may be best for your individual needs. Forward-Looking Statements Some information contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of the words "intention", "will", "may", "can", and similar expressions are intended to identify forward-looking statements. Although addy believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since addy can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and addy does not undertake any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws.

Scott Terrio, BA, QIC, CPCA, has been a regular author at Macleans and Canadian Business magazines and a listed columnist for Moneysense, focusing on consumer debt issues. He is a frequent media commentator, appearing on BNN Bloomberg TV, CBC and various radio broadcasts. He has contributed to such publications as The Globe and Mail, The Toronto Star, The National Post and The Walrus, among others. In his decade in the insolvency industry and now as Head of Consumer Insolvencyat Hoyes Michalos Hoyes, Scott has met with and filed well over 8,000 clients,primarily consumers. He brings his previous background in sales, marketing andbusiness development to making clients feel as comfortable as possible inguidance through various options and tactics, and in trusting advice and solutionsunder difficult circumstances. His professional experience includes the following: • Ontario Ministry of Ag, Food & Rural Affairs, 1993-1996• John Deere Canada, 1996-2010• Cooper & Co. Ltd. Licensed Insolvency Trustee, 2010-2018• Hoyes, Michalos & Associates, 2018-Present

Today, we're going to cover what you need to know from a tax, investing, and financial planning perspective as we head into this new year. As you know, the government makes changes every year in these areas and the implications of these changes can have a pretty substantial impact on how much you pay in taxes, your net worth, what government benefits you are eligible to get, and how much you get. These can easily affect your net worth in the thousands of dollars every single year, so it's definitely in your and my best interest to know about these changes and get a bit of a refresher, so that we can all better prepare, and also take advantage of any opportunities that arise. About our guests: To help me with this, I have Certified Financial Planners Jason Heath, and Hannah McVean on the show. Jason is a popular returning guest on the show, definitely one of the more well known and respected financial planners, here in Canada.  Hannah and Jason are both fee-only financial planners, which means they don't sell any investments so there isn't that potential conflict-of-interest that you see a lot of here in Canada where someone calls themselves a financial planner or a financial advisor, you think you're getting a good financial plan and that they have your best interests at heart, but really they are just trying to get you to buy the investments that their firm sells so that they can earn a hefty commission. None of that here, we're going for purely unbiased financial education with Hannah and Jason. A quick little bio on these experts: Jason has been providing fee-only, advice-only financial planning since 2002 (for well over a decade). He is also a personal finance columnist for the Financial Post, MoneySense, and Canadian MoneySaver. He has a Bachelor of Economics degree from York University and holds the Certified Financial Planner designation. Hannah is also a Certified Financial Planner and a Chartered Investment Manager. She has experience working in the wealth management industry managing investments and filing taxes. She is now on the fee-only, advice-only financial planning side of things, and if you want to speak Jason, Hannah or someone from their team, you can reach them at BuildWealthCanada.ca/jason. Resources Mentioned: You can book a free introductory meeting with Jason and his team at buildwealthcanada.ca/jason. As a Build Wealth Canada listener, you'll get 10% off if you end up working with them. You'll also be entered into the giveaway to win a free financial plan. The discount and giveaway are for a limited time, and you can sign up for free here.  Questions Covered: To kick things off, can you take us through what we need to know for 2024, when it comes to our TFSA? and can you give us a quick refresher on how the TFSA works when it comes to taxes, and getting our contribution room back every year. Follow up question: Do you often suggest that clients keep their equities in their TFSAs due to their higher expected return compared to bonds and TFSA savings accounts? What have you found to be the most efficient way for Canadians to determine how much TFSA contribution room they currently have? Can you speak to how you can actually increase or decrease your available TFSA contribution room, depending on how your investments perform? Follow up question: How do you factor this in when you are doing financial planning for your clients? Follow up question 2: What kind of analysis do you do on TFSAs when you are working with clients and are there any optimizations or mistakes that people sometimes do that you are on the lookout for? Let's change gears and talk about RRSPs next. Are there any changes to RRSPs that we should be aware of for 2024, and for anybody new to all this, can you give us a refresher on how RRSPs work for us Canadians, when it comes to minimizing our taxes? Can you speak about the RRSP loan strategy? This is something that we often hear mentioned in different blogs and books on finance for Canadians, but do they still make sense in this higher interest rate environment that we are now in? (please explain the strategy first for anybody not familiar) When it comes to RRSPs, are there any common and/or critical mistakes that you see Canadians make, when you are doing financial plans for your clients? The FHSA is a relatively new tool for Canadians. Can you speak to what it is, who is it for, and how do you like to analyze and factor it in, when working on financial plans for your clients? Are there any new tax credits, deductions, or government benefits in 2024 that you think we should especially be aware of? and are there any that you find Canadians sometimes tend to miss? What have you found to be the best way to ensure that we don't miss any tax credits, deductions or government benefits that we are eligible for? (it's a bit of an overwhelming list if we just google it) Can take us through the updates for 2024, when it comes to the basic personal amount. And can you explain what it is and the financial planning implications of it, for anybody not familiar? As we enter 2024, can you take us through a checklist of what you advise your clients to do as the year progresses? What should they be doing annually now, and as the year moves forward? Is there anything else that you think Canadians should know about, from the taxation and government benefits side as we head into the new year? I set up a page for you where show listeners can get a free consultation with your team, and that's over at buildwealthcanada.ca/jason. Can you tell us a bit more about what problems and challenges you and your team specialize in solving for Canadians?

The cost of living has gone up in almost every category of life but how much does it cost to raise a child. We talk to Sandy Yong, personal finance writer, TEDx and keynote speaker, about her piece in MoneySense about how much does it cost to raise a child in Canada. Connect with Sandy on LinkedIn, Facebook, Instagram, and X(Twitter).

The cost of living is ridiculously high these days.  We'll talk about budgeting for pet care with Dr. Matthew Richardson, president of the Ontario Veterinary Medical Association.  And, for kids.  Personal Finance Writer Sandy Yong is here with new insight from MoneySense. Then, why you should go on a ‘Money Date'. Vanessa Bowen, founder of Mint Worthy Co is here to talk about how it works. Plus, We'll speak with Pavi Toor about his book Learn 2 Invest Kid and his focus on dividend paying stocks. To find out more about the guests check out: Matthew Richardson: ovma.org | Facebook | X(Twitter) | LinkedIn Sandy Yong: LinkedIn | Facebook | Instagram | X(Twitter) Pavi Toor: com | Instagram | Facebook Vanessa Bowen: co | Instagram Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

Découvrez tous les services d'hébergement web, courriel et stockage de PlanetHoster, Grand partenaire d'InfoBref, à https://www.planethoster.com/fr/goph-63eee27d2326ab1 16 janvier 2024 Un appel au 911 fait beaucoup parler parce qu'il n'a pas pu obtenir de réponse en françaisUn habitant de Montréal-Nord a dit à La Presse que, lorsqu'il a appelé le 911 la semaine dernière pour signaler qu'une voiture était en feu devant chez lui, qu'il n'a pas pu parler en français avec l'employé qui lui a répondu.Il avait appelé avec un téléphone résidentiel branché sur une ligne internet (ce qu'on appelle la téléphonie IP) de l'entreprise québécoise Transat Télécom.Les appels au 911 qui sont faits en téléphonie IP, contrairement à ceux faits sur le réseau téléphonique local, ne sont pas tous directement transférés à la centrale d'appels d'urgence la plus proche de celui qui appelle. Québec pourrait perdre près de 600 millions $ prêtés à des entreprisesAux États-Unis, Donald Trump a remporté hier soir la primaire républicaine de l'Iowa avec plus de 50% des voix. Le comité qui organisera la COP29 est entièrement composé d'hommes.Selon un rapport du Fonds monétaire international (FMI), le développement de l'intelligence artificielle aura des conséquences sur 40% des emplois à l'échelle mondiale, et sur 60% des emplois dans les économies avancées, comme celle du Canada.Le rapport explique que l'impact de l'IA pourrait être négatif et entrainer des pertes d'emplois, en particulier ceux des classes moyennes. En revanche, certains employés à haut revenu pourraient voir leur salaire augmenter grâce au développement de l'IA.Les entreprises ne croient pas que l'inflation redescendra bientôt à 2%Beaucoup de conseillers financiers connaissent mal, voire pas du tout, les fonds d'investissement responsables qu'on appelle souvent fonds ESG Le site canadien MoneySense a dressé une liste des meilleures actions canadiennes à dividendes en ce début d'année 2024. Les 5 première du classement sont toutes dans le secteur des ressources naturelles. Vous pouvez les voir dans un bref article àhttps://infobref.com/meilleures-actions-canadiennes-dividendes-moneysense-2024-01/Y aura-t-il bientôt des écrans holographiques dans la plupart des foyers?Blinding Lights de The Weeknd est la chanson la plus écoutée sur Spotify--Détails sur ces nouvelles et autres nouvelles: https://infobref.com S'abonner aux infolettres gratuites d'InfoBref: https://infobref.com/infolettres Voir comment s'abonner au balado InfoBref sur les principales plateformes de balado: https://infobref.com/audio Commentaires et suggestions à l'animateur Patrick Pierra, et information sur la commandite de ce balado: editeur@infobref.com Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Jonathan Chevreau is a veteran financial columnist, blogger and author based in Toronto.  He was the Financial Post's personal finance columnist between 1993 and 2012 and editor-in-chief for MoneySense Magazine from 2012 to 2014.  He still writes the Retired Money column for MoneySense. In 2014, he launched the Financial Independence Hub, which usually publishes four blogs every week. Jon has authored several books with traditional book publishers like McGraw Hill and Key Porter books, including The Wealthy Boomer, and a series of mutual fund guides called Smart Funds. In 2016, he co-authored Victory Lap Retirement, a Globe & Mail bestseller. In my interview with Jon, we discuss: Housing affordability His 32-year-old daughter Helen saving in a FHSA General thoughts on Findependence What he's now doing in semi-retirement now he's turned 70

Robb Engen | Fee-Only Financial Planner | Blogger | BIO: Robb Engen is an advice-only financial planner and the voice behind the award-winning Boomer & Echo personal finance blog. Robb has been writing about personal finance since 2010 for publications such as the Toronto Star and MoneySense, and his own website has attracted more than 15 million page views and 12,000 email subscribers. A self-described “revenge traveler”, Robb lives in Lethbridge, Alberta with his wife and two children. Why You Should Listen: In our conversation, we explore Robb's personal money story and discuss the inspiration behind his blog, which has garnered an impressive 15 million page views. We delve into why Robb decided to transition from his full-time job to becoming a full-time, advice-only financial planner. Robb shares a personal perspective on his financial experiences, offering listeners a genuine glimpse into the human side of money. Throughout his money story, Robb describes his transition from being hyper-focused on frugality to embracing more freedom. We also discuss the value of family, travel, and much more. Through candid discussions with industry experts, like Robb, we aim to humanize the financial services industry, recognizing that we all navigate unique money stories. Links: Robb's Website: CLICK HERE

Jonathan Chevreau | Chief Findependence Officer | Investing Editor and Columnist MoneySense Jason Heath, CFP® | Fee-Only Financial Planner at Objective Financial Partners Inc. Jason Evans CFP® | Fee For Service Financial Planner Lisa Hannam | Executive Editor MoneySense | Journalist | Writer BIOs: Jonathan Chevreau is a veteran financial columnist, blogger and author based in Toronto. He was the Financial Post's personal finance columnist between 1993 and 2012 and editor-in-chief for MoneySense Magazine from 2012 to 2014. He still writes the Retired Money column for MoneySense. In 2014, he launched the Financial Independence Hub (aka FindependenceHub.com), which usually publishes four blogs every week. Jon has authored several books with traditional book publishers like McGraw Hill and Key Porter books, including The Wealthy Boomer, and a series of mutual fund guides called Smart Funds. In 2016, he co-authored Victory Lap Retirement, a Globe & Mail bestseller. In 2021 what is now Crown Publishing published the second American edition of his financial novel, Findependence Day, also available through Trafford.com. He has a large Twitter following at @jonchevreau has been rated one of the top two social media influencers in finance in Canada. Jason Heath has been providing fee-only, advice-only financial planning since 2002 and is one of Canada's best-known fee-only financial planners. He is a Certified Financial Planner (CFP) and a personal finance columnist for the Financial Post, MoneySense, and Canadian MoneySaver. Lisa Hannam, Executive Editor of MoneySense For Lisa, money isn't just about paycheques, belongings, savings, real estate and investing – it's about all these things, and so much more. With the goal to make MoneySense.ca accessible to Canadians at all levels of financial literacy, as the Executive Editor, Lisa has grown the editorial team, with a record-breaking publishing cadence for the paywall-free site. She ensures that the journalism standards readers have come to expect from the award-winning publication are in every article that you read today. Lisa has an extensive journalism background as an acclaimed writer and editor, spanning over 20 years, working for some of Canada's largest glossy magazines, daily newspapers and popular websites. #itpaystoknow Jason Evans CFP® is an advice-only financial planner who specializes in helping Canadians 55+ prepare for a secure retirement. Having personally witnessed the painful impact of bad financial advice, he is a strong proponent of financial education and unbiased advice. Why Your Should Listen: November is Financial Literacy Month in Canada, and MoneySense Magazine is marking the occasion by delving into the worst money advice with insights from four professionals. In this episode, we discuss the common pitfalls that could impact your financial health and well-being, drawing from a MoneySense online poll with 891 respondents from across the country. Whether you're navigating trends, assessing your emotional decision-making, staying vigilant against scams, or simply seeking trustworthy advice, this episode provides practical knowledge for maneuvering the complex world of finance. Learn why 69% of MoneySense readers polled claim to have lost money from financial advice and gain tools to avoid these pitfalls. Highlights: Money Mistakes: Discover the commonality of bad money advice and its potential to cause devastating financial stress. Trends vs. Traps: Learn to distinguish financial trends from bad advice, equipping yourself to navigate the complex financial landscape. Emotional Check-In: Explore the role of emotional awareness in financial decision-making and its impact on protecting your financial well-being. Scams Unveiled: Gain an inside look at modern financial scams and arm yourself with knowledge to avoid potential pitfalls. Finding Solid Ground: Understand the importance of seeking advice from trusted sou...

If financial literacy isn't in your past but you want to break the cycle and make it your current and your kids future financially aware and savvy, join us to a conversation on where to start. LINKS FROM TODAY'S EPISODE Gail Vaz-Oxlade's Articles on MoneySense: https://www.moneysense.ca/author/gail-vaz-oxlade/ Tori Dunlap on Financial Feminism & Money Education: https://herfirst100k.com/  

Lisa Hannam, executive editor at MoneySense.ca, drops in to share a list of the best free courses available to Canadians that she has put together. Find out more at moneysense.ca and connect on X(Twitter), Facebook and Instagram.

The high cost of extra stuff. The Globe and Mail's personal finance columnist Rob Carrick is here to tell us why he decided to say goodbye to his family's storage unit. Then, the best free personal finance courses in Canada. Lisa Hannam, executive editor at MoneySense.ca takes us through some of them. And, what mindfulness has to do with your investments. Financial Adviser Jonathan K. DeYoe tells us about his book Mindful Investing: Right Focus, Better Outcome, Greater Well-Being.   Plus, all you need to know about the Unused Housing Tax with Jason Heath, financial planner at Objective Financial Partners Inc. To find out more about the guests check out: Rob Carrick: X(Twitter) | Stress Test Lisa Hannam: ca | X(Twitter) | Facebook | Instagram Jonathan K. DeYoe: money | X(Twitter) | Instagram | Facebook | YouTube | LinkedIn Jason Heath: com | X(Twitter) | Facebook Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple. Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

In this episode, our guest Kyle Prevost is going to take us through how much we need to retire, as Canadians, and how much can we sustainably withdraw from our portfolio to not run out of money once we retire. If you are a long-time listener of the show, then by now you would have definitely heard of the 4% rule, which helps answer these two questions. But, the 4% rule was created by Americans, for Americans, so how do all those findings and statistics apply to us Canadians?  (If you are new to the show, then don't worry, we'll go through what the 4% rule is, and the many caveats that exist with it, that we should keep in mind as Canadians.) You're also going to learn: By how much can you increase the amount that you withdraw from your portfolio when you retire, so that you can keep up with inflation. For those (like myself) who don't like how rigid the 4% Rule is and would rather adjust their spending year-to-year depending on how the markets perform (i.e. taking out more during the good times, and less when the markets are down), Kyle discusses what sort of structures he has found to work well for that. About Our Guest: Kyle is founder of the Canadian Financial Summit and he and I have been co-hosting the summit together for the past 2 years. He is also a longtime personal finance columnist and you've probably seen a lot of his work over at MoneySense, and he's been in the National Post, CBC News, The Globe and Mail, and many others.  Most recently he is also the creator of 4 Steps to a Worry-Free Retirement - the first online course for Canadian retirement planning. Questions Covered: When it comes to figuring out how much we need to retire, we often hear about the 4% Rule. Yet, a lot of the research out there on the 4% Rule was created by Americans, for Americans. In the research and interviews that you've done, how well have you found the 4% Rule to apply to Canadians? (and please briefly define the 4% Rule for anybody that is new to all this). Follow-up question: Are there any caveats that you've found in your research that are different for Canadians using the 4% Rule vs the Americans using it? If somebody decides to use the 4% Rule, one of the rules/guides that they are supposed to follow is to increase the amount of money that they withdraw every year by inflation. For us Canadians, where have you found to be the best place to get that number? For those that don't like how rigid the 4% Rule is and would rather adjust their spending year-to-year depending on how the markets perform, what sort of structures have you found to work well for that? (ex. variable percentage withdrawal rules)

Findependence Day is a financial primer that uses classic fiction structure to impart core financial concepts to young people just embarking on the working world and raising a family. Findependence is a contraction of Financial Independence, so Findependence Day is the moment sometime in the future when your income from all sources exceeds the income you could get from a single employer. As an entrepreneur Jon runs FindependenceHub.com, is author of Findependence Day and co-author of Victory Lap Retirement. Personal finance columnist for National Post 1993 - 2012, Editor-in-Chief MoneySense Magazine 2012 - 2014. Currently Investing Editor at Large for MoneySense, Jon also writes its monthly Retired Money column. https://twitter.com/JonChevreau https://mstdn.ca/@jonchevreau https://www.threads.net/@jonchevreu https://www.linkedin.com/in/jonchevreau/ https://findependencehub.com

My guest on this episode is Erin Pepler. Erin is a freelance writer whose work has appeared in Today's Parent, Parents Canada, SavvyMom, Romper, Scary Mommy, MoneySense, Broadview Magazine and more. Her first book, Send Me Into the Woods Alone: Essays on Motherhood, was published by Invisible Publishing in 2022.   Writing about the book in the Globe and Mail, Marsha Lederman said that Send Me Into the Woods Alone “is the book I wish I had had as a companion during those early, difficult months and early, difficult years. Because this book is not just instructive and insightful, it is great company. And hilarious.”   Erin and I talk about the tricky business of writing a book with two kids underfoot, how her Covid-aware book launch was almost derailed by her getting Covid right before it, and about the messages she receives every day from readers who want to share their own stories.   Erin Pepler: erinpepler.wordpress.com Music: "simple-hearted thing" by Alex Lukashevsky. Used with permission. Contact Nathan Whitlock at nathanwhitlock.ca/contact

Why are women expected to love pregnancy and new motherhood without exception or complaint? Erin Pepler, author of the collection of essays "Send Me Into the Woods Alone," discusses the stigma that still persists around mothers expressing difficulty and displeasure with their lives—and how reading and writing about motherhood has improved her own life. Erin Pepler is a freelance writer whose work has appeared in Today's Parent, ParentsCanada, SavvyMom, Romper, Scary Mommy, MoneySense, Broadview Magazine and more. Erin and Amy discuss: Why pregnancy is "objectively weird" Why women are expected to downplay their pain and suffering particularly as new mothers How anxiety can shape us as parents... and when it's time to take a closer look Here's where you can find Erin: erinpepler.com @erinpepler on Instagram and Twitter @erinpeplerwriter on Facebook Buy SEND ME INTO THE WOODS ALONE: https://bookshop.org/a/12099/9781988784892 We love the sponsors that make this show possible! You can always find all the special deals and codes for all our current sponsors on our website: https://www.whatfreshhellpodcast.com/p/promo-codes/ Learn more about your ad choices. Visit megaphone.fm/adchoices

31 mai 2023 | L'essentiel des nouvelles économiques, technologiques et financières [texte non corrigé pour fins de publication]Air Canada a fait l'objet de beaucoup plus de plaintes concernant les langues officielles que lors d'une année habituelle, selon le plus récent rapport annuel du Commissaire aux langues officielles du Canada.Du 1er avril 2022 au 31 mars cette année, le transporteur aérien a suscité 276 plaintes, soit 3 fois plus que la moyenne annuelle enregistrée dans la dernière décennie. La seule exception a été l'année 2021-2022: plus de 2800 plaintes avaient été déposées, surtout en raison du discours unilingue en anglais qu'avait tenu au Québec le PDG de l'entreprise.L'organisme Finance Montréal et Innocap, une firme montréalaise de gestion d'investissement, lanceront cet automne le Fonds Investi. Ce fonds d'investissement investira dans des projets respectant des critères environnementaux, sociaux ou de gouvernance (ESG) ou de finance durable.Les promoteurs du fonds sont ambitieux: ils espèrent que, d'ici 2 ans, il sera capitalisé à hauteur d'un milliard $. Une dizaine d'organisations ont manifesté leur intérêt, dont la Caisse de dépôt et placement du Québec, la Banque Nationale et Desjardins. Jusqu'à présent, les organisations intéressées se sont engagées à y investir un total de 300 millions $.Selon une action collective intentée contre Shopify, la société technologique d'Ottawa n'aurait pas respecté un accord conclu avec des employés qu'elle a licenciés. Ces ex-employés auraient reçu des indemnités de départ d'un montant inférieur à ce qu'ils croyaient convenu. La différence varie entre 10 000 $ et 60 000 $, selon les ex-employés concernés.Shopify n'a pas réagi à l'action collective. Environ 350 personnalités influentes du secteur des technologies avertissent dans une déclaration que le développement rapide de l'intelligence artificielle pose un risque d'extinction de l'humanité. Selon eux, ce risque doit être considéré avec le même sérieux qu'une pandémie ou une guerre nucléaire. Le site canadien MoneySense a publié la version 2023 de son palmarès annuel des meilleures plateformes canadiennes de courtage en ligne pour acheter et vendre des actions, obligations et FNB.Cette année, les 5 meilleurs courtiers en ligne canadiens selon ce classement sont, par ordre descendant: 1. Questrade2. Placements directs TD3. Qtrade Investissement direct4. Banque nationale, Courtage direct; et5. RBC Placements en direct--- Détails sur ces nouvelles et d'autres nouvelles: https://infobref.com S'abonner aux infolettres gratuites d'InfoBref: https://infobref.com/infolettres Écouter les balados d'InfoBref: https://infobref.com/audio [Découvrez Actualités InfoBref, un balado quotidien des principales nouvelles générales, parfaitement complémentaire d'InfoBref Affaires] Voir notre épisode hebdo «à retenir cette semaine»: https://www.youtube.com/@infobref Commentaires et suggestions à l'animateur Patrick Pierra, ou pour commanditer nos balados: editeur@infobref.com Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

On today's episode, Neal and Chandler chat about Bill Gates recently saying all work and no play is a bad combination, the best places to buy real estate in Canada in 2023, and an update on the current inflation situation. Tune in now! Show notes:  00:00 - Introduction 00:30 - Bill Gates says you need to stop and smell the roses 13:20 - Family turns down massive deal in Australia from developers 19:05 - MoneySense article on where to buy real estate in Canada 2023 24:10 - Inflation update 34:45 - Toronto Housing Now Plan CHECK OUT OUR PATREON: www.patreon.com/masterkeyspodcast The Master Keys Podcast is hosted by Neal Andreino and Chandler Haliburton, two top real estate agents in Nova Scotia, Canada. Neal and Chandler have each built sizable portfolios of investment properties and leverage their expertise to inform their clients as well as viewers. The podcast covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors. Please contact us with any questions or suggestions at contact@staxtv.ca FIND US ON INSTAGRAM - https://www.instagram.com/masterkeyspodcast/?hl=en TIKTOK - https://www.tiktok.com/@masterkeyspodcast? FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/ FIND NEAL ON: INSTAGRAM - https://www.instagram.com/remaxneal/?hl=en LINKEDIN - https://ca.linkedin.com/in/neal-andreino-90854b102 FIND CHANDLER ON: INSTAGRAM - https://www.instagram.com/tchandh/?hl=en LINKEDIN - https://ca.linkedin.com/in/t-chandler-haliburton-40a88468

Today's guest is Jason Heath, one of Canada's best known fee-only financial planners that you've probably seen in all sorts of media here in Canada over the years. He's a Certified Financial Planner (CFP), has been providing financial planning for over 20 years, and is currently a personal finance columnist for the Financial Post, MoneySense, and is also a regular contributor to RetireHappy.ca. I've been reading his insightful financial planning articles for years, so it's really great to have him on again, and in this episode, we get his perspectives on: How much do you actually need to be financially independent here in Canada and have the option of retiring? What is the process that should be undertaken to figure this out? Next, we get his take on how to live off your investment portfolio by withdrawing a sustainable amount every year, along with some alternatives to the 4% rule (which as you likely already know, has some limitations). We actually go through the process and calculations that he does annually with clients to ensure that they are withdrawing a sustainable amount from their portfolio every year, and we discuss how you can do it yourself in case you're purely DIY and want to do it all yourself, and not have to meet with a financial planner every year. Also, since Jason has been doing fee-only financial planning for over 20 years, we talk about the patterns that he's noticed between those that are successful financially in and in life, long term, vs those that are not. From those, we hone in specifically on the things that you and I can actually control and do in our own lives, to help get us there too. Enjoy the episode, it's great having you here, thanks for tuning in, I hope you leave the show a rating on Apple Podcasts or Spotify, and now let's get into the interview. Questions Asked: When somebody is trying to determine how much they need to be financially independent and have the option of retiring, what is the process that should be undertaken to figure this out? One strategy that has really peaked my interest and that I think can be highly relevant for those that have hit their financial independence number, is doing some sort of variable withdrawal strategy with a spending ceiling and floor. When a client comes to you and says that they don't just want to use a fixed withdrawal strategy like the traditional 4% rule, and instead would like to be able to take out more when the markets are doing well, and are okay withdrawing less when the markets are not performing well, is there a certain variable percentage withdrawal strategy that you have found to work well, along with any particular rules for a spending ceiling and floor? or is there maybe something else entirely that you prefer recommending to clients? What is the process and calculations that you do annually with clients to ensure that they are withdrawing a sustainable amount from their portfolio every year? My understanding is that the ideal way to tackle this, is to work with a fee-for-service financial planner like yourself or somebody at your firm, where every year the numbers get updated in the financial planning software for that person's particular situation. Then the expertise and analysis of the Financial Planner is used to determine what the withdrawal rate should be for that year. Is that the ideal way you'd recommend that it's done? For those that are more on the DIY side and do not want to meet with someone annually, what approach or process do you recommend for them? For instance, maybe they just want to meet with a Financial Planner when there are significant life changes or financial events like an inheritance, the birth of a child, getting married, etc. You have been a Financial Planner for decades at this point and I'm sure with that level of experience you've noticed certain patterns when it comes to clients that are successful financially and in life, versus those that are not. Can you give us any insights in terms of the best practices or patterns that you've noticed from those that are financially successful and also appear to be happy and fulfilled in their day-to-day life? On the flip side, are there any common and/or major mistakes or regrets that you have seen clients have over the years that we can all learn from so that we do not repeat those mistakes in our own lives? In your practice, I'm sure you've helped clients of all different net worth sizes; from those struggling to very high net worth individuals. What have you noticed that the wealthy do that the poor or middle class do not? You have been in this industry for multiple decades. Would you be able to recommend some resources online that you find to be reliable and reputable sources of information, for those that like to continue to educate themselves when it comes to financial planning, retirement planning, and investing in Canada? Tell us more about where we can see your work and tell us more about your practice.

We deal with money every day - from young to old - from simple transactions in the school canteen to buying big ticket items. Well, for most people, we are good at spending, but can we say the same about growing our wealth? Can financial literacy be taught? How can it be done? What are the resources that we can tap into? On Mind Your Business, Lyn Lee Foo and Ryan Huang find out more from Lawrence Tan, Content Lead, Institute for Financial Literacy, launched with the Singapore Polytechnic in 2012. It is also the outreach arm of MoneySense - a national financial education programme launched in 2003 to make financial knowledge more accessible. This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)See omnystudio.com/listener for privacy information.

With mortgage rates continuing to climb, you might be looking for ways to cut costs on your mortgage. Have you ever considered house hacking?Our guest on this week's show is Sean Cooper.  You might have seen Sean on the news a few years back when he burned his mortgage paperwork on live TV, after fully paying it off by the age of 30. Sean has made several appearances on national TV including BNN, CBC, & Global and has also been featured in numerous publications including the Toronto Star, Globe and Mail, Financial Post & MoneySense. If that's not enough, he also has a best-selling book appropriately named "Burn your mortgage".Start building your Financial Life Plan today by visiting: www.stonecitywealth.comGuest Resources Mentionedwww.burnyourmotgage.caFacebook - Sean CooperInstagram - Sean CooperBurn Your Mortgage - BookHost Resources Mentioned Instagram - Adam Jenkins Facebook - Adam Jenkins LinkedIn - Adam Jenkins Twitter - Adam Jenkins Stonecitywealth.com - Sponsor ...

One resource that I check out every year is MoneySense's “Best ETFs in Canada” guide. They bring on a panel of experts to find Canada's top ETFs for DIY index investors (like myself). I found this guide extremely helpful when I was first getting started in investing, and now, many years later, I still read it when it gets updated annually, just to be “in the know” of what's happening when it comes to index investing in Canada, and to stay up to date on any significant changes like the updated fees, new ETF offerings, and any changes to existing top ETFs that you and I have in our portfolios already. This podcast interview is different from you just reading the written version of the guide because we actually do a deep dive into the different ETFs that are in the guide.  Definitely check out the written version of the guide as well, especially since it has some really useful tables that nicely summarize what the top ETFs are, in the different categories. But, definitely still listen to this interview as the writer of the MoneySense guide is on the show today to dive deeper into the findings, along with one of the top panellists and experts, Ben Felix from PWL Capital to provide his analysis on the different top ETFs. Questions Covered: Bryan, can you start by telling us about your background, as well as this annual initiative led by MoneySense to determine the best ETFs in Canada? Ben, can you tell us a bit about your background and the work that you do? Bryan, how does voting work among the panellists before an ETF is admitted as one of the “Top ETFs in Canada”? Bryan, there are a lot of different investing strategies out there. When you and the panellists are evaluating what the best ETFs in Canada are, what is the goal and strategy that you are all focused on and what kind of investor is this top ETFs list for? Ben, before we get into the results, what should someone do if they are holding a past ‘top pick', and now they no longer see that pick on this year's list? In other words, when should we actually really consider swapping to a completely different ETF if we already have a good diversified index portfolio in place? Ben, when it comes to switching from one ETF to another, what are the trading costs that we need to be aware of? The $5-$10 trading commissions are the one I think most people are familiar with, but what about the bid/ask spread, how much of a cost impact does that have? And are there any other costs we need to be aware of, when for example someone is tempted to switch ETFs because let's say, a top pick for this year has a slightly lower MER? Top Canadian ETFs: Alright, let's take a look at the top Canadian, total market, index ETFs that give you exposure to the Canadian stock market. I noticed that all three of the top picks have the same management fee. We have BMO with ZCN, Vanguard with VCN, and iShares with XIC. Ben, BMO's ZCN and iShares' XIC look almost identical to me. Are there any key differences between these two that we should be aware of? The other thing that jumped out at me is that Vanguard's VCN has fewer holdings, 181 vs 240 compared to the iShares and BMO ETFs. Would this be considered a concern by implying that the Vanguard ETF is less diversified than the BMO and iShares versions? i.e. Why would you go with Vanguard when you can get more holdings and be more diversified with XIC or ZCN? Bryan, another top pick in this category is Horizons' HXT ETF, which covers the S&P/TSX 60. You mention in the article that “it's tax-efficient; and has a rock-bottom 0.04% fee after the rebate, until at least Dec. 31, 2022”. Can you explain what this rebate is, and why the “at least Dec 31 2022” timeline? Ben, Horizons has this unique tax structure with some of their ETFs, like HXT, where you don't receive the dividend payouts as income, but instead they get added to the fund so that you instead receive more capital gains. I realize that I'm maybe oversimplifying things a bit here, but essentially by holding an ETF like HXT in a personal taxable or corporate trading account, some Canadians save money by reducing their clawbacks when it comes to things like CPP, OAS, the Canada Child Benefit (CCB), and avoid the high tax rate when investing in a corporate account.Now in the past, the government closed this, (what I would consider a) loophole, but Horizons figured out a way to restructure their ETFs so that Canadians can still get these tax savings.This raises the concern of: What if the government changed things again, closes the 2nd loophole, and Canadians that were holding Horizons ETFs like HXT start selling off ETFs like HXT in large quantities because it no longer has this tax advantage? In this scenario, would the ETF plummet in price? Or no, because the ETF is still holding companies (in a way), and it's not like the value of all those companies will drop because there is a massive sell-off of the Horizons ETFs. The last time this closing of the “loophole” happened where the government changed the rules, I recall Horizons doing a press release where they said that if they can't find a workaround, they may have to close down those ETFs. If that was to happen in the future, would Canadian investors be hurt by this? Bryan and Ben: The other concern with HXT, is that it is only 60 Canadian companies, and I think most Canadians (myself included) would rather go for the total market approach with an ETF like ZCN, where they are now getting the entire S&P/TSX index with its 240 stock holdings.Do you think this tradeoff is worth it? (where you're getting less diversification, but some potential tax savings and/or clawback reduction on government benefits). Bryan and Ben, most Canadians do have a home country bias when it comes to their investment portfolio. Even when we look at asset allocation ETFs from all the major providers, they definitely hold more of Canada than Canada's percentage of the world equity markets. Why is that, and what is your stance on what percentage Canadian stocks should make up of a Canadian DIY investor's investment portfolio? US Market ETFs: Alright, let's jump to the US market. XUU still appears to be the favourite here among the panelists, as far as Canadian listed, US total market index ETFs go. The runner-up seems to be VUN which is comparable in terms of US stock market representation, but has a higher fee of 0.15% vs XUU's extremely low fee of 0.07%.Do you guys have any thoughts and comments on this one? International ETFs: Alright, let's jump to international stocks. Can you give us your thoughts on these, while touching on some of the nuances when it comes to choosing the different combinations, from the different providers, when it comes to emerging and developed international markets?

Today I have Brandon Beavis on the show who runs one of, if not THE largest YouTube channels on investing, specifically for Canadians. He has over 187,000 subscribers, and also runs the channel with his dad who has decades of financial planning experience here in Canada.  Since Brandon and I have each been optimizing our finances and investments for so long, and since we each specialize in this, we thought it would be fun to do a collaboration where we each share how we've optimized our investments and finances so that everybody watching on his channel and listening on my podcast can get two different perspectives and ways of doing things. Then you can pick and choose whatever you think is a better fit for you, and what you think will have the biggest impact on your finances. Come join me at the Canadian Financial Summit: Before we get into the show, I wanted to invite you to join me, for free, at the Canadian Financial Summit this year. It's a fully online educational event, you can stream all the talks for free, it starts this October 12, 2022, and you can get free tickets to stream the talks for free over at BuildWealthCanada.ca/summit.  We have over 35 speakers this year, there are already over 22,000 Canadians registered for the event, and we'll be covering investing, real estate, financial planning, early retirement, and much more. We've got some really high-profile guests again this year including Brandon Beavis and Benjamin Felix who each run one of, if not the largest YouTube channels in Canada on investing. We have Rob Carrick from the Globe and Mail, many of the top writers from MoneySense are presenting, along with some of the largest Canadian personal finance bloggers and writers like Robb Engen, Mark Seed, Ed Rempel, Jason Heath, and many more. Here's the link for your free tickets: BuildWealthCanada.ca/summit.  I hope to see you there! And now, let's get into the interview.

Today I have one of, if not THE largest financial literacy educators in Canada on the show, and we're going to go over some practical tips to deal with this horrific inflation that we've all been experiencing here in Canada.    These tips and education covered in the episode are of course, applicable right now as we go through this high inflation period. But, even if you end up listening to this episode years after it's been launched, we made sure that they are still relevant and applicable long term as well.     You might have seen our first guest on Dragon's Den, where literally all the dragons were bidding to partner with him. His name is Kevin Cochran and he is the founder of Enriched Academy, which is a company that teaches financial literacy, and does financial coaching for everyday Canadians like you and I. They are also now in many schools across Canada, teaching financial literacy as well.    Also from Enriched Academy, we have Arian Beyzaei back on the show. He's one of our really popular past guests, and you might have seen him featured on Financial Post, Globe and Mail, and other news sources.    I'm really excited to get things going here as both Kevin, Arian, and myself are actually born in different generations so I thought it would be fun and insightful to have the 3 of us on, as that way you get a unique perspective, no matter which age group you fall into.   Free Tickets to the Canadian Financial Summit: Before we get into the show, I wanted to invite you to join me, for free, at the Canadian Financial Summit this year. It's a fully online educational event, you can stream all the talks for free, and it starts this October 12, 2022 (so only a few days away).    You can get free tickets to stream the talks for free over at: buildwealthcanada.ca/summit    We have over 35 speakers this year, there's already over 20,000 Canadians registered for the event. We'll be covering investing, real estate, financial planning, early retirement, and much more.   We've got some really high-profile guests again this year including Brandon Beavis and Benjamin Felix who each run one of, if not the largest YouTube channels in Canada on investing. We have Rob Carrick from the Globe and Mail, many of the top writers from MoneySense and some of the largest Canadian personal finance bloggers and writers like Robb Engen, Mark seed, Ed Rempel, Jason Heath, and many, many more.   I hope to see you there! Here is the link again for the free tickets: buildwealthcanada.ca/summit    Resources Mentioned:   The free assessment call mentioned on the episode is available here: buildwealthcanada.ca/call The Ultimate Phone Script PDF is available for free download here: buildwealthcanada.ca/script   Questions Covered: What is the dynamic of inflation and interest rates? What is the right mindset for Canadians to help them through these challenging times without creating stress and harm to themselves? What are some defensive financial strategies to help Canadians get through these times? What are some financial strategies to help Canadians thrive during these challenging times ie. Investments?

www.LifestyleLocker.com/AndrewHallam What a great interesting episode with Andrew Hallam.  This guy is so cool!  He uses his investments to create money and to create a life of abundance in different areas of his life.  For example, he LOVES to travel... the way he creates money, allows him to do what he loves, when he wants too! Here's a little about him: Andrew Hallam is the international best-selling author of Balance: How to Invest and Spend for Happiness, Health and Wealth; Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada, Amazon UAE and Amazon Singapore. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Swissquote and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. www.LifestyleLocker.com/AndrewHallam https://andrewhallam.com www.facebook.com/millionaireteacher https://www.linkedin.com/in/andrew-hallam-44b81627 https://twitter.com/aphallam Proucts we like> https://www.amazon.com/shop/lifestylelocker https://www.LifestyleLocker.com/ www.NewYorkChiropractic.com www.Facebook.com/lifestylelocker www.facebook.com/NewYorkChiropractic www.instagram.com/drjoshhandt www.Rumble.com/DrJoshHandt www.linkedin.com/drjoshhandt

When should you start thinking about retirement? Who can you talk to and what steps can you take today and in the future? Just how much money should you be saving to retire comfortably? If you're getting the right advice and asking the right questions, building a solid retirement plan might be easier than you think. Join our expert Lisa Hannam, Executive Editor of Moneysense.ca, as she gives you the facts about retirement, including what you can do now and in the future to better set yourself up to retire comfortably and just how much money you should be putting away. Additional resources: CPA Canada's Financial Literacy Resources Financial Literacy Virtual Sessions Mastering Money Conference 2022 Money and the World Virtual Conference 2022 The Role of Reverse Mortgages in Retirement Planning Determining how much money you need for retirement – Government of Canada moneysense.ca Download transcript This episode is part of our podcast focusing on helping listeners build confidence for approaching and handling difficult money conversations at various stages of life. The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.

One question that I've been getting asked a lot, both from listeners of the podcast, as well as those in my investing course, is how to deal with and optimize any sort of investments through your work.  Typically, in Canada, when you work for a mid-size or large organization, you'll either be part of a defined contribution pension plan, or a defined benefit pension plan.  We're going to cover both types of pensions in this interview, and specifically, some of the things we'll cover are: How should a pension factor into how you view your finances/investments? (And again, this is all going to be for both types of pensions, no matter which one you have). What should your portfolio look like with a pension (i.e. more equity than bonds?), especially depending on the type of pension that you have. How to factor a pension into an early retirement. The tax implications of potentially taking a buyout for early retirement (if that's an option) We cover all that, and much more in the interview (scroll down for the full list of questions).  Our Expert Guest: To help me with this, I have Robb Engen on the show, who is one of the most reputable fee-for-service financial planners that I know of in Canada.  He also runs one of the largest and most reputable personal finance blogs in Canada called boomerandecho.com.  He's regularly quoted or featured in financial media such as the Globe & Mail, MoneySense, the Financial Post, CBC, and Global News. He used to actually work for a university here in Canada, where he had one of those nice gold-plated pensions, but ended up transitioning from that to becoming self-employed, so he had to go through this pension analysis himself first-hand on what to do when you have a pension, and then no longer wish to stay with that employer.  Because of his background, first-hand experience with pensions, and fantastic reputation in this space here in Canada, I thought he'd be a great fit for this episode, as he's gone through these options and this analysis himself, so it's not just some theory that we're going to be talking about here. Resources Mentioned: Robb's Site: BoomerAndEcho.com Robb's Fee-for-Service Financial Planning Page: https://boomerandecho.com/fee-only-advice/ You can get your free Passiv account here: BuildWealthCanada.ca/free My guide on how to redeem your free premium account upgrade in Passiv is here: BuildWealthCanada.ca/passiv You can view the stock/equity side of my portfolio (what I invest in and how much of each ETF type I buy) here: BuildWealthCanada.ca/portfolio The account that I use for the safe part of my portfolio is here (I use the high-interest savings account, but they also do GICs if you are willing to lock in the money for a bit to get a higher rate): BuildWealthCanada.ca/safe Questions Covered: To start things off, can you take us through what the main pension types are for Canadians, and what are the key differences between them? How should the 2 different pension types factor into how you view your finances and investments? What should your investment portfolio look like, depending on the type of pension that you have? (ie. more equity than bonds if you have a defined benefit pension?) How do you factor in a pension into an early retirement? (for both pension types) What are the tax implications of potentially taking a pension buyout for early retirement? (if that's an option) Robb, you had a defined benefit pension when you worked at the university before becoming self-employed as a fee-for-service financial planner. Can you take us through how you decided between keeping the pension vs receiving the buyout? What are the pros and cons of each approach? When you have a defined benefit pension plan, your RRSP contribution room gets reduced. This begs the question of whether employees with good defined benefit pension plans should even bother with RRSPs. Let's also tackle this question for those with a defined contribution pension too. Let's talk about our investment options with the two different pension types. For people with defined benefit pensions, do they have any options in terms of how much to contribute, and what that money goes into? (ex. Something environmentally or socially conscious (ESG), something more aggressive, more conservative, etc?) For defined contribution pensions, you definitely have to pick what the money goes into but it can be overwhelming analyzing and choosing from the different investment options offered by the company that your employer has selected. When you speak to a client that is struggling with this, is there a certain process or approach that you suggest to them to help them decide on what investments to pick? I've gotten asked this a lot by students of my investing course so I came up with a process that I thought I'd share. Robb, feel free to jump in if you have anything to add or if you disagree on anything and that way listeners have a nice step-by-step process from both of us that they can use. Can you take us through some common mistakes that you see people do with the two different pension types? Thanks so much for coming on again Robb. We look forward to seeing you at the Canadian Financial Summit again this year as one of the speakers. Tell us again where we can see more of your, content, research, and learn more about your practice?

At some point the "how did we get here?" questions about the current state of inflation become less relevant than "how do I deal with this?" With inflation reaching its highest point since the early 1980's this week, and little relief in sight, that time is now for many of us.We've done episodes about the Why and How and what happens next, but today we're trying to prepare for what we're going to be dealing with for the foreseeable future. So how should you handle your day-to-day expenses? Your savings and your investments, if you're lucky enough to have them? Your future retirement, or your next mortgage? Unless you're squarely in the top half of the 1%, you've probably been worrying about some of that, so let's ask some practical questions.GUEST: Jason Heath (no relation to the host), financial planner and personal finance columnist with The Financial Post and MoneySense

We're closing out Season 14 with my favourite topic and a return guest! On the show today is a Canadian investing expert and creator of the Canadian Couch Potato — Dan Bortolotti. Dan is back on the show to talk about his new book, Reboot Your Portfolio: 9 Steps to Successful Investing with ETFs, which you know is right up my alley! Dan Bortolotti is a former journalist, who was a full-time writer for magazines such as MoneySense. However, over a decade ago he switched careers and is now a portfolio manager and financial planner at PWL Capital in Toronto. Dan created his popular blog (then subsequent podcast) the Canadian Couch Potato in 2010 and has become one of Canada's most trusted resources on index investing. In today's episode, Dan shares more about the inspiration behind his new book, Reboot Your Portfolio. We dive into where you should start when you want to make a change in your investment portfolio and the downsides to having so much access to your trades. This episode is jam-packed with info for anyone wanting to get started with passive investing or learn how to improve their current investment portfolio for the long term.  Also, I want to say a quick thank you to all the wonderful guests who joined me this season. Of course, another thank you to all listeners, thank you for tuning in each week and I'll see you for a fresh new season in September after a short summer break! For full episode show notes visit: https://jessicamoorhouse.com/333

As seen in the 2023 federal government budget, we share the deets! Welcome to the home of all things Toronto Real Estate. Renee Sylvestre-Williams is a finance and business writer. In her more than 15 years of journalism, her work has been published in the Globe and Mail, Flare, Canadian Living, MoneySense, Wealthsimple and Forbes. She also publishes a biweekly newsletter, The Budgette, where she provides financial education for single earners. (https://budgette.substack.com/) Receive GTA Off-Market Deals & Passive Small to Mid-Size Apartments Deals Across Canada Right Now! Click Here to Sign Up absolutely FREE: https://pages.watsonestates.ca/ How to reach Renee Sylvestre-Williams: renee.sylvestrewilliams@gmail.com Instagram = https://www.instagram.com/thebudgetteofficial/ This podcast has GTA market updates and investing tips for new and experienced investors. Bradley is the founder of Watson Estates, investor and real estate broker in Canada's greatest city. This isn't advice, just our honest analysis of the market. To connect with us visit www.linktr.ee/WatsonEstates Yours in Real Estate, Bradley Watson Broker at Sutton Group - Summit Realty Inc., Brokerage. Phone: 647-206-9554 Email: bradley@watsonestates.ca

We've talked a lot about buying a home and investing in real estate on this podcast but what happens after you buy. What about all the costs and yearly maintenance that come with becoming a homeowner? Today those questions and so much more are being answered in today's episode with real estate expert Romana King. Romana King has a 20-year career as a financial journalist, she currently holds the position of Director of Content at Zolo and is the former Senior Editor and real estate expert at MoneySense. She recently become a first time author and with the release of her bestselling first book, House Poor No More: 9 Steps to Grow the Value of Your Home and Net Worth.  In this episode, Romana shares why she thinks everyone needs a homeowner's cheat sheet, so she decided to write her new book, House Poor No More. She also shares overlooked inspections and audits that should be done before you buy a home and why buying a home is part of a larger long-term goal and not simply a box to be ticked on a life checklist. For full episode show notes visit: https://jessicamoorhouse.com/330  

With Lisa Hannam | Executive Editor MoneySense | Journalist | Writer BIO: Lisa Hannam is the Executive Editor of Moneysense.ca, Canada's most trusted lifestyle brand about all things money. MoneySense.ca helps over 450,000 Canadians every month with personal finance, insurance, investing and more. Lisa has an extensive journalism background as an acclaimed writer and editor, spanning over 20 years, working for some of Canada's largest glossy magazines, daily newspapers and popular websites. She is a leading force in the success of Moneysense.ca, creating some of the publication's most viewed and sought-after content. She writes and edits popular articles about personal finance, insurance, banking, investing, practical money tips and more." Highlights: Why is financial journalism critical for consumers?The importance of knowing your finances and not relying on someone elseHow cultivating curious allows for creativity to flowBreaking down the importance of financial journalism?The crucial role financial journalism plays in the current information area and proliferation of social influencersLearn how to tell a compelling storyHow does MoneySense.ca retain trust, its ethics and integrity?How money sense continues to evolve to provide free access and valuable information to over 450,000 readers a month LINKS: MoneySense.ca: CLICK HERELisa Hannam's website: CLICK HERE

Earlier this season, I shared with you a few life stories of my clients. These are women who have gracefully navigated life and used their wealth as tools for living a beautiful life. But I'll bet there are some things they wish they had told their younger selves. And if they had shared this wisdom with the younger selves, maybe they would have gotten farther ahead in their goals. Or maybe they just would have done things differently. Here to talk about that subject is Lisa Hannam. Lisa is the Executive Editor of MoneySense Magazine. Lisa has been a leading force in the success of the financial magazine with her effective financial advice and her quick ability to pick up on stories that provide real value to Canadians. Lisa is one of those individuals who was ahead of the game. She was an active saver in her 20s. But even she would have done a few things differently. Come and listen in as Lisa and I talk about "What I Wish I had told my 20-year-old Self About Money?"Our GuestLisa Hannam, Executive Editor of MoneySense has been a leading force in the success of the financial magazine with her effective financial advice and her quick ability to pick up on stories that provide real value to Canadians. ArticlesFive Money Fears From Childhood—And How to Overcome ThemFinding Balance: Q&A with author Andrew HallamThinking of taking a break from work after COVID? Here's what to knowSnowball Vs. Avalanche: Which Debt Payoff Method Is BestConnectRead  the Women's Wealth Canada Blog. Get the Guide: "12 Smart Questions to Ask When Interviewing a Financial Advisor"Book a Free Financial Consultation with Glory Gray at hello@womenswealth.caWebsite: WomensWealth.caTwitter: @WomensWealthCAFacebook: @GloryGrayWealthSolutionsLinkedIn: Glory Gray Theme music by Purple Planet Music. Rights reserved.This podcast is for informational purposes only and should not be construed as investment, tax or legal advice. It is not an offer to sell or buy or an endorsement, recommendation or sponsorship of any entity or security cited. Mutual funds offered through Portfolio Strategies Corporation. Other products and services provided through Glory Gray Wealth Solutions. 

How do you know if grocery delivery services are right for you. Lisa Hannam, the executive editor of MoneySense breaks down if these services along with restaurant delivery and meal kits are right for you and your wallet. Find out more at moneysense.ca and connect on Twitter, Facebook and Instagram. Connect with Lisa on Twitter.

How to know if grocery delivery services are right for you and your wallet. Lisa Hannam, executive editor of MoneySense, is here to take us through the cost of these services. And, negotiating is tough. Barry Nalebuff shares tips from his book SPLIT THE PIE: A Radical New Way to Negotiate. Then, the systemic issues preventing some Canadians from filing their taxes. Canada's taxpayers' ombudsperson is here to tell us how his office is trying to help. Then, how to know if your financial foundation – personal finance coach Hadriana Leo has some advice. Plus, I'll speak to Shalicia Harris, founder of In Charge, about her five key pillars of personal finance.

Welcome back to Don't Retire... Graduate! Today's guest came ready for a debate and didn't disappoint. Andrew Hallam, best-selling author and educator, is here to talk about his latest book, Balance, and investment techniques and ideologies that don't necessarily match ours. If you're interested in learning about index funds, passive asset management, and the true meaning of success in retirement (whether you're retiring early or not), you won't want to miss this episode.  In this episode we'll talk about: The cost and opportunity cost associated with Ivy league education. Recognizing a financial advisor that is great and one that just wants to sell you something The role psychology plays in financial services Debating controversial topics in personal finance: passive versus active portfolio management, index funds versus value index The traditional definition of retirement, why it is unhealthy, and how to do it better FIRE community and the FIRE movement, and the life satisfaction research that suggests it may not be the best goal The four legs of the success table: money, relationships, health, and purpose https://andrewhallam.com/balance/ Visit brotmanmedia.com/podcasts for a full transcript of this episode. About Andrew Hallam: Andrew Hallam is the international best-selling author of Balance: How to Invest and Spend for Happiness, Health and Wealth; Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Swissquote and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. Links: https://andrewhallam.com/ https://www.facebook.com/groups/445218675653782 https://www.facebook.com/millionaireteacher https://twitter.com/aphallam https://www.linkedin.com/in/andrew-hallam-44b81627/

Andrew Hallam is the international best-selling author of Balance: How to Invest and Spend for Happiness, Health and Wealth; Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Swissquote and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries.https://www.facebook.com/millionaireteacherhttps://twitter.com/aphallamhttps://www.youtube.com/andrewhallam1

Calling all Gen Zs, this is the episode for you! I'm so happy to welcome today's guest on the podcast today since I've been an avid reader of MoneySense Magazine for over a decade. Lisa Hannam, the Executive Editor for the digital magazine, joins me today to share what Gen Z should be looking out for when it comes to getting personal finance advice.  Lisa Hannam has worked in publishing as a journalist and editor for 17 years. She is a leading force in the success of MoneySense, creating some of the publication's most viewed and sought-after content. She writes and edits popular articles about personal finance, insurance, banking, investing, practical money tips, and more. In this episode, Lisa and I talk about why you should always question the sources of the financial advice you follow and how the tone of personal finance education has changed for the better. We also discuss why understanding how your values play into how you manage your money. Lisa was such a great guest and so I know you'll love this episode! For full episode show notes visit: https://jessicamoorhouse.com/318

Managing money as a young person with a continuous list of responsibilities can be a challenge. Between living expenses, student loan debt, saving for the future, and wanting to have fun, young people often feel these pressures to keep up financially. This is where Lisa Hannam steps in. Lisa is the Executive Editor of MoneySense and has been a leading force in the success of the financial magazine with her effective financial advice. Today Lisa joins the show to share her motivational tips for anyone wanting to stay on their savings journey. Listen in as she explains an easy way to start a savings account, as well as the power of using automatic deposits for your investments. You will learn how fluid money can be, an easy way to calculate if you want to spend money on something, and Lisa's advice for anyone currently getting their financial information from social media. “[People say] that it's so easy to spend money, but it's actually just as easy to save it.” - Lisa Hannam This Week on Young Money: What a day in the life of Lisa looks like. The importance of contributing to your RRSPs. How to easily save money from every paycheck. The power of using automatic deposits. The value of surrounding yourself with people who have similar goals. Why you should spend time learning about finances. How to align your goals with your savings. Key takeaways: Pay off your credit cards. Understand how fluid money is. Create boundaries around money. Ask questions. Do your due diligence. Connect with Lisa Hannam: LinkedIn Website Twitter Instagram MoneySense Resources Mentioned: Tracey Bissett - The Money Coach for Entrepreneurs YouTube Channel EP019 TFSAs vs. RRSPs EP070 RRSP Withdrawal Programs - What Are They & How Do They Work? EP128 Adulting 101: How to Get Out of Debt - No Matter What Got You Into It EP222 Why Financial Literacy Matters at Work EP224 Get the Hell Out of Debt with Erin Skye Kelly EP231 Back to Basics   Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week's episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don't forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

When Andrew Hallam isn't getting eaten by mosquitoes in tropical jungles, cycling up a mountain during a downpour with his wife, or trying to drive to Argentina in a van, he's speaking and writing about happiness and personal finance. The former high school teacher wrote the international bestselling books Millionaire Teacher and Millionaire Expat. Profiled by media such as CNBC and the Wall Street Journal, he's the first person to have a #1 selling finance book on Amazon USA, Amazon Canada, and Amazon UAE. He has written columns for the Globe and Mail, Canadian Business, AssetBuilder.com, MoneySense, and Swissquote. Find him online at andrewhallam.com.

With Andrew Hallam | Personal Finance Speaker | International Bestselling Author | Investment Writer BIO: When Andrew Hallam isn't getting eaten by mosquitoes in tropical jungles, cycling up a mountain during a downpour with his wife, or trying to drive to Argentina in a van, he's speaking and writing about happiness and personal finance. The former high school teacher wrote the international bestselling books Million­aire Teacher and Millionaire Expat. Profiled by media such as CNBC and the Wall Street Journal, he's the first person to have a #1 selling finance book on Amazon USA, Amazon Canada, and Amazon UAE. He has written columns for the Globe and Mail, Canadian Business, AssetBuilder.com, MoneySense, and Swissquote. Highlights: Learn the key to happiness….hint it is not money!The joy and happiness of failed attempt to drive from Canada to ArgentinaCasey Coleman's lessons on mindfulness, money and happinessAndrew speaks to the myth that success brings happinessLearn how to implement the four quadrants of life satisfactionHow to use personal finances as a TOOL (and only a tool) to pursue life satisfactionLearn the link between happiness and moneyAndrew speaks to the difference between experiential happiness and reflective happiness.How/why experiences matter more than things for our happinessThe more materialistic we become, the more unhappy we become LINKS: Andrew's new book, Balance: How to Invest and Spend for Happiness, Health, and Wealth CLICK HEREAndrew's website CLICK HERE

In his new book, Balance, Andrew Hallam not only explains evidence-based strategies for providing the best odds of success in the stock market, he provides a lot more than that.  The book helps you answer other important questions:How can we boost longevity, wealth and happiness?When it comes to spending, what sorts of purchases really enhance happiness? And yes, some material purchases do!How should we define success? And based on that definition, how can your children be successful?Buy the book here (Affiliate link)Andrew Hallam is the international best-selling author of Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries.

Achieving balance in our life and our finances in this modern world seems like a myth! Even I personally struggle from this dilemma! How to live to the fullest today and prevent financial struggles in our Golden Years? How do we build wealth without sacrificing our health? Is sacrifice required to achieve balance? So in this episode I have invited a man full of wisdom. Andrew Hallam is back in our podcast! And to those who don't know him yet he is: - A former high school teacher who wrote the international bestselling books Millionaire Teacher and Millionaire Expat. - He's the first person to have a #1 selling finance book on Amazon USA, Amazon Canada, and Amazon UAE. - Profiled by media such as CNBC and the Wall Street Journal, and has written columns for the Globe and Mail, Canadian Business, AssetBuilder.com, MoneySense, and Swissquote. What you'll learn: - What balance really means - How to achieve balance - How much money is enough to be happy - How to find a sense of purpose in a time that you're financially struggling - The 4 quadrants to a happy life - Why sacrifice is not necessary to achieve balance Connect with Andrew: www.andrewhallam.com Buy his book "Balance: How to Invest and Spend for Happiness, Health, and Wealth": https://amzn.to/3EMDLVw --

With Dan Bortolotti | Portfolio Manager | Author | Podcaster BIO: Dan began his career as a journalist, spending more than 20 years as a magazine writer and editor and publishing nine nonfiction books. He eventually specialized in writing about personal finance, with a focus on low-cost index investing. Dan was introduced to the PWL Toronto team while working on an article for MoneySense magazine in 2012. Dan received his Certified Financial Planner and Chartered Investment Manager designations in 2015. Canadian Couch Potato, Dan's popular investing blog, debuted in 2010 and continues to be one of the most trusted resources in the country. His podcast of the same name was launched in 2016 to bring the message to a wider audience. Highlights: How Dan's new Book 'Reboot Your Portfolio" can help you successfully invest in evidence-based ETFsWhy Dan started the wildly successful podcast and blog "The Canadian Couch Potato."Why having a "journalistic" mindset can help you evolve your thinkingHow embracing curiosity helped "evolve" Dan's perspective on personal financeWhy not coming from an investing background, serves as one of Dan's biggest strengthsHow embracing skepticism has helped Dan become a better planner, thinker, and creatorWe discuss fees, financial advice and what you should be looking forHow Dan is making sound financial advisor accessible for many people LINKS: Reboot Your Portfolio: 9 Steps to Successful Investing with ETFs by Dan Bortolotti The Canadian Couch Potato WebsiteThe Canadian Couch Potato Podcast

As investment professionals, we focus a lot on saving, investing, and retirement planning. But a successful life is about more than just money, it's about satisfaction and happiness.  Today we're widening our scope and bringing a sense of purpose to why we work and why we have money. To explore this topic, we're joined by bestselling author Andrew Hallam who shares his strategies and the research that has been done on how to improve our life satisfaction levels. Andrew Hallam is the international best-selling author of Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School, and Millionaire Expat: How To Build Wealth Living Overseas. His latest book, Balance: How to Invest and Spend for Happiness, Health, and Wealth, takes readers on a holistic journey of success. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada, and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx, and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. In this episode, Keith, Marcelo, and Andrew talk about why we invest, what success looks like, the four quadrants of success, the importance of connection and relationships, the power of gratitude, saving for experiences, and so much more! Thank you for listening! Key Topics: Introducing Andrew Hallam (1:00) Why Andrew wrote Balance (5:11) Redefining success (7:10) Digging into why we invest our money (9:27) The four quadrants of success (11:42) Spending for life satisfaction (14:48) Why continuously upgrading reduces our life satisfaction (17:04) The desert island litmus test (20:18) What the Blue Zones teach us about relationships and life satisfaction (23:36) The importance of human connection (27:05) The happiness curve (30:47) Recognizing what matters most (33:02) Managing the social pressure to acquire status symbols (35:33) Setting boundaries for social media (37:29) Embracing appreciation (40:46) Improving your spending patterns (44:10) Aligning your spending with your values (46:19) Rethinking early retirement (49:53) Andrew's career as a high school teacher (52:49) The inspiration for writing Millionaire Teacher (55:09) What research shows about the benefits of working past 65 (1:04:15) Expanding your perception of time (1:07:12) Finding a sense of accomplishment and purpose (1:10:41) And much more! Thanks for Listening! Be sure to subscribe on https://podcasts.apple.com/us/podcast/the-empowered-investor/id1508663970 (Apple), https://podcasts.google.com/?feed=aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vdGhlLWVtcG93ZXJlZC1pbnZlc3Rvci8 (Google), https://open.spotify.com/show/1mBnYMtqkbGqP2xyEThAUc (Spotify), or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112 Follow Tulett, Matthews & Associates on social media on https://www.linkedin.com/company/tulett-matthews-&-associates-inc/ (LinkedIn), https://www.facebook.com/TulettMatthewsAssociates/ (Facebook), and more! Follow The Empowered Investor on https://www.facebook.com/theempoweredinvestor/ (Facebook), https://www.linkedin.com/company/theempoweredinvestor/ (LinkedIn), and https://www.instagram.com/theempoweredinvestor/ (Instagram)

The Lifestyle Chase is piloting a new format where each episode is split into shorter segments published throughout the week of the interview. Andrew Hallam is the international best-selling author of Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. In this episode we go over a bit of a preview of Andrew's upcoming book, Balance which you can pre order anywhere books are sold. We talk about how to invest and spend for happiness, health, and wealth. To learn more about your host, Chris Liddle, you can follow on IG @christianliddle , you can follow the show @thelifestylechase and you can head to invigoratetraining.com for all other things. To support the show, please subscribe on your favourite audio platform and on YouTube. Share the episode with a friend and leave a 5 star review. Thanks for your support!

The Lifestyle Chase is piloting a new format where each episode is split into shorter segments published throughout the week of the interview. Andrew Hallam is the international best-selling author of Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. In this episode we go over Andrew's insights on cryptocurrency, investing, and the future of banking as we know it today. You can learn more about Andrew at andrewhallam.com. To learn more about your host, Chris Liddle, you can follow on IG @christianliddle , you can follow the show @thelifestylechase and you can head to invigoratetraining.com for all other things. To support the show, please subscribe on your favourite audio platform and on YouTube. Share the episode with a friend and leave a 5 star review.   Thanks for your support!

The Lifestyle Chase is piloting a new format where each episode is split into shorter segments published throughout the week of the interview. Andrew Hallam is the international best-selling author of Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. In this episode we go over how being frugal is important but how it's equally important to have life experiences, memories, and a sense of purpose in order to be happy. You can learn more about Andrew at andrewhallam.com. To learn more about your host, Chris Liddle, you can follow on IG @christianliddle , you can follow the show @thelifestylechase and you can head to invigoratetraining.com for all other things. To support the show, please subscribe on your favourite audio platform and on YouTube. Share the episode with a friend and leave a 5 star review. Thanks for your support!

The Lifestyle Chase is piloting a new format where each episode is split into shorter segments published throughout the week of the interview. Andrew Hallam is the international best-selling author of Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. Profiled on such media as CNBC, and The Wall Street Journal, he's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. We go over a bit of his story into how he became who he is today in this first segment. To learn more about him, head to andrewhallam.com To learn more about your host, Chris Liddle, you can follow on IG @christianliddle , you can follow the show @thelifestylechase and you can head to invigoratetraining.com for all other things. To support the show, please subscribe on your favourite audio platform and on YouTube. Share the episode with a friend and leave a 5 star review. Thanks for your support!

Host Liam Leonard talks about the completely, financially self-sufficient and exciting life of a modern day nomad: Andrew Hallam on this episode of The Prosperity Perspective Podcast. Andrew has been writing from locations across the globe, spending time adventuring from Singapore to Mexico. His financial stability began with investments at age 17 and has continued from there, where he now is busy acting as weekly speaker where he has now given speeches in 90 different places in 14 countries. If you're looking for advice on how to become financially independent and stable, how to create the life you want to live without sacrificing “retirement funds,” or even on how to gain greater life satisfaction today, you won't want to miss this episode. 3 Key TakeawaysWhy you need to look at a backwards design to properly predict your stock financial freedom numberWhy you may need to challenge yourself to get rid of your own “state points” and retire earlyWhy life is like a dark hourglassAbout Andrew HallamWhen Andrew Hallam isn't fighting off mosquitoes in tropical jungles, cycling up a mountain with his wife during a downpour or trying to drive to Argentina in a van, he's speaking and writing about happiness and personal finance. The former high school teacher wrote the international best-selling books, Millionaire Teacher and Millionaire Expat. His latest book is Balance: How To Invest and Spend for Happiness, Health and Wealth. Profiled on such media as CNBC and The Wall Street Journal, he's the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. He has written columns for The Globe and Mail, Canadian Business, MoneySense, Swissquote and AssetBuilder. You can access his website at andrewhallam.comResourcesWebsite: andrewhallam.comPreorder upcoming book, Balance by Andrew Hallam!Twitter: @aphallamFB: MillionaireTeacherLinkedIn: Andrew Hallam

Sandra Martin, Editor-in-Chief of MoneySense

Bridget Casey talks about stagnant wages, gender pay gaps, wealth inequality, the immorality of billionaires, FIRE, Coast FIRE, and the importance of your first 100k (sixfigurestockportfolio.com and moneyaftergraduation.com) She's brutally honest, vulnerable, and puts the cash in the Kardashians. She's been featured in Time magazine, Forbes, Macleans, MoneySense, Globe and Mail, Yahoo Finance, BNN, CBC and of course, Ratehub.ca   Find her on Instagram and Twitter @bridgiecasey    [0:00 - 2:44] Introduction [2:45 - 4:46] MONEY MISTAKE OR MAKEUP [4:47 -  6:06] How should we think about money? How do we get to that ideal money mindset? What is the ideal mindset?    [6:07 - 12:00] What are ways you can earn more money?    [12:01 - 19:59] We often associate money with our self-worth, our identity, our jobs - this person makes more than me, so therefore they are better than me. How can we achieve a level of comfort in our money decisions? How can we disassociate money from our self-worth and be ok buying things? If we are what we value, how should we define value?   [20:00 -22:28] Why do men want to mansplain money to you? Women have a place in money and are allowed to take up space and share their expertise in this field.    [22:29 - 24:55] How do we close the gender pay gap? How do we close the gender wealth gap?   [24:56 - 26:44] What political policies would you like to see in place to help close the gender pay gap?    [26:45 -  39:44] LEVITY BREAK The Poverty line is set arbitrarily low by governments & economists to gaslight people who are struggling to survive into believing that they do not deserve social safety nets because they do not need them.  Please explain.    “What we think sustains our current economic system: Hard Work.  What actually sustains our current economic system: unpaid labour of women at home, white supremacy, the patriarchy, generational wealth, environmental destruction, failure to implement a fair tax system, and war.” Bridget, why did you post this? Give me the underlying message behind it all.    I don't get people like bezos. If I had a billion of dollars, I would impulsively start fixing shit. Homeless vets? I don't think so. Hungry children? Not on my watch. He could be Batman, what a waste. AND CNN's headline - World's largest tax avoider takes joyride to second place.  Can you provide some insights into why people are commenting in such a way?    If you bought a Tesla model S in 2012, your $77,000 car would be worth approximately $40,000 today. If you had invested the same $70,000 in Tesla stock, you would have over $7 million today. [39:45 - 40:30] What is FIRE?    [40:31 - 41:41] What is Coast FIRE?    [41:42 - 42:59] Have you hit Coast FIRE?    [43:00 - 44:59] Are you going to work until you're 65?    [45:00 - 45:50] What is the 4% rule?    [45:51 - 47:04] What is geographic arbitrage?    [47:05 - 51:09] On the value of your first $100,000   [51:10  - 54:11] What is the easiest way to your first $100,000?   [54:12 - 56:12] How do I start DIY investing?    [56:13 - 1:04:42] RAPID FIRE QUESTIONS What's in your wallet?   A book everyone should read?  What was your first job and what did you learn from it? What is a commonly held belief about your industry or space that you passionately disagree with?  If you had one tweet that everyone in the world would read, what would it say?   What's your number (to walk away from it all and live financially independent, never worry about money again?)  If you had no obligations and no shortage of money, what would you spend your time going?  What do you want to be known for when you die?    [1:04:43 - 1:05:32] Outro

Corey Butler and Shawn Todd chat with well know insolvency and debt expert Scott Terrio BA, CPCA, QIC from Hoyes, Michalos & Associates. Scott is a regular contributor to Maclean's magazine, Moneysense, and Canadian Business Magazine. Topics discussed; case examples from Scotts Twitter feed, High-Income earners with the debt crisis, Dispelling Internet Myths, & Why Divorce is a wrecking ball and wealth killer. Connect with Corey, Shawn, and Ecivda Financial on Instagram, FB, LinkedIn, YouTube & Twitter.

Today we're going to cover the top ETFs in Canada, specifically for Canadian investors. These findings are based on 8 experts in this field who are part of the Best ETFs in Canada Guide which is published annually on MoneySense and written by the one and only Jonathan Chevreau. In this episode, we're going to talk about what the findings were with the creator of the guide, and one of the top Analysts from the panel. We will actually give you the ticker symbols of the top ETFs according to the panel of experts, and we will discuss why those particular ETFs were chosen, and go into detail about some of the nuances so that you can better choose which ETF is better for your situation. Each category has several finalists so it's important to know the caveats of how they differ so that you can choose the one that's right for you. This interview expands on what you will find in the text version of the guide, so use this interview as a supplement to the MoneySense written guide, which you can find at buildwealthcanada.ca/moneysense. If you liked the episode sign up for free to receive all new episodes as they get released, news on giveaways, and the free guide on the Top 5 Personal Finance and Productivity Tools.

Can you really retire early even with a small income? Andrew started his career as an English Teacher. After paying his student debts, he aggressively began investing in the market. During his mid-30's, he became a millionaire on a teacher's salary. And by age 40, he was more-than-comfortably financially independent. He is a Personal Finance Journalist, a Speaker, and the Author of international best-selling books Millionaire Teacher & the book that made me leave the Financial Services industry, Millionaire Expat AKA “The Book That Your Financial Adviser Don't Want You To Get a Hold Of” He's been featured on CNBC, The Wall Street Journal, Business Insider, and has written columns for The Globe and Mail, Canadian Business, MoneySense, Internaxx and AssetBuilder. Since 2016 he has spoken at businesses and international schools in over 30 different countries. He's also the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. -- Jay Adrian Tolentino AKA “Kuya Jay” is a Financial Literacy Evangelist and an Independent Financial Coach based in Dubai. He holds certifications from the Chartered Insurance Institute UK (CII) - Award in Financial Planning and Award in Investment Planning, and from the Registered Financial Philippines - Associate Financial Planner (AFP) and Registered Financial Planner (RFP). He worked as a Consultant in one of the top brokerage firms in the UAE and a Yaman Coach under the Personal Finance Advisers (PFA) in the Philippines. He got featured in ABS CBN Balitang Global in April of 2019 for the Empowered Expats vlog along with Seigmond Abad. June 2020, he was given the Excellence Award in Insurance & Other Financial Services by the Filipino Social Club as part of the celebration of the Philippine Independence Day. Also last August 2020, he was invited to speak in Congress to represented the sentiments of many OF's regarding the mandatory 3% contribution being asked by Philhealth. He also hosts Business Mondays, Finance Fridays, and Real Talk On Real Estate thru his Purpose Driven Finance FB page & YT channel, which can also be listened to on Pera & Purpose Podcast available on Spotify, Apple Podcast and other major podcast platforms.

With Jason Heath | CFP | Fee-Only / Advice-Only Financial Planner at Objective Financial Partners Inc Bio: Jason has been providing fee-only, advice-only financial planning since 2001 and is one of Canada's best-known fee-only financial planners. He is currently a personal finance columnist for the Financial Post, MoneySense, and Canadian MoneySaver, and is regularly featured in other publications like the Toronto Star and Globe & Mail. Highlights: What is fee-only financial planning?Why communicating and educating should be central to all financial plansThe actual value of a financial planningThe value of being financially organizedHow financial planning provides peace of mind for consumersWhy connection is so important when working with a financial planner.What trends are coming for the financial planning industryWe hear Jason's perceptive on cryptocurrencyJason shares his perspective on the real estate market Links: Jason's LinkedIn Profile CLICK HEREJason's company website CLICK HERE

This week’s guest is one that I’m shocked that I haven’t already had on the podcast. I’ve known Mark Seed for years and I was am so happy to be able to talk with him about his approach to FIRE, as well as his investing philosophy (FIWOOT) and what it means to be a hybrid investor. Mark Seed is the founder of , personal finance and investing blog that he started in 2009. He is also the co-founder of , which is a new, free resource providing a beginning-to-end guide for DIY investors. Mark has been featured in MoneySense magazine, The Globe and Mail, and The Winnipeg Free Press and is currently working towards semi-retirement with his wife.  As a successful DIY investor, Mark was able to share both great tips and the mistakes he’s made along the way. Mark also outlines how the 2008 financial crisis was the spark that lit the path for his financial journey and blog. If you’re just as curious about other people’s approach to investing as I am then I know you’ll love my conversation with Mark. For full episode show notes visit https://jessicamoorhouse.com/283

We talk to personal finance writer Tamar Satov of MoneySense and she shares her tips for buying a home during a seller's marketing and say goodbye to bidding wars. Read her 7 tips at moneysense.ca and connect on Twitter, @TamarSatov and @MoneySense, and on Facebook.

Are you hoping to save big this holiday season? There’s still time! We chat with personal finance and travel expert Barry Choi to get the straight goods on how to save while shopping online and in store. He shares some simple tricks and tips to help you be a savvy shopper. Bonus? Barry also shares some price match apps and apps that offer cashback, too.

I am not a certified financial planner, I'm just a guy who likes to worry about the future. If you need to make a big financial decision I recommend looking into fee-only financial planners in your area who do not make commissions selling products. They are often expensive, charging $150/hr or more, but they are worth it if you have a big decision or plan to make. When it comes to your personal financial picture, unfortunately a google search often isn't going to cut it. I really feel like this episode might confuse some people, so please check out the following resources:Information on RRIF's (RRSP's need to be converted to RRIF's in retirement) MoneySense article on how OAS clawback works  OAS - old age security clawback info from Canada.ca A note on OAS, I mentioned the clawback amount that would need to be paid back the next year, I did some more reading and found that you don't need to pay it at tax time, it's divided into monthly payments to make it manageable, so it's not as big of a deal for you to save some money to pay it back. OAS info in general GIS - guaranteed income supplement info  SimpleTax income tax calculator to use for comparing RRSP tax breaks at different income levels in different provinces Cha-Ching sound by Muska666 on soundbible.com Get bonus content on Patreon See acast.com/privacy for privacy and opt-out information.

Guest host Jon Vasallo, Sales Director at Ratehub.ca and general manager of MoneySense magazine interviews Alan Mallory.  Alan is a performance coach, international speaker, including TedX, and published author of the book, “The family that conquered Everest”.  In 2008, Alan, with his brother, sister, and father went on an expedition to the top of the world’s highest peak. They became the first family of four to set foot on the summit. A 2 month emotion-filled terrifying experience across ladders spanning bottomless crevasses, near death experiences, unparalleled physical and mental challenges.  [0:00 - 1:25] Intro [1:26 - 4:30] Money mistakes [4:31 - 6:09] How did your dad convince you to climb Everest? [6:10 -  7:39] How do you go about accomplishing goals? [7:40 -  10:07] How did you turn the decision to climb Everest into preparation and planning?  [10:08 - 12:59] Climbing Everest cost you $160,000 - how did you finance the trip? [13:00 - 14:45] Is there any special insurance that would cover someone climbing Everest? [14:46 - 16:54] Once you got to the top, can you describe the feeling at the top of Everest? [16:55 - 18:48] Everyone has their own Everest to overcome. What parallels would you draw between Everest and personal finance (e.g. retirement) [18:49 - 21:34] What are some of the key lessons during and post climb? Was it worth the investment? [21:35 -  26:14] How do you overcome the challenges of starting? How do you set a goal to accomplish the challenges you face? [26:15 - 27:37] There’s an emotional return on your investment. Did you ever think about how you could make money from the climb?  [27:38 - 31:29] You’ve turned climbing Everest into a career. Can you talk about that transition? What was the decision to monetize the experience? Take us to where you are now.  [31:30 - 33:25] Any takeaways for our listeners to leverage learnings to carry with them as it relates to personal finance.  [33:26 - 40:19]  Rapid Fire questions - What’s in your wallet? What book do you think everyone should read? Where do you spend most of your money each week? If you had one tweet, what would it say? What is one of the best or most worthwhile investments you’ve ever made? (Could be an investment of money, time, energy, etc.) What’s your number - to live independently wealthy and life on your own terms? How can people get in touch with you? What’s the title of the book? [40:20 - 45:12] The Knowledge bank - What is a balance transfer and what are the advantages?  https://www.ratehub.ca/blog/best-balance-transfer-credit-cards-in-canada-2/ [45:13 - 46:04] Outro  

Hello, Young Money Simplified listeners, and welcome to this episode of the podcast. Thank you very much for tuning in. Today, Bruce Sellery comes on the show. Bruce is a renowned business journalist and the author of the Globe and Mail bestselling book Moolala: Why Smart People Do Dumb Things with Their Money (and What You Can Do About It). He is a columnist for MoneySense, Canada's personal finance magazine, and a regular contributor on CBC-TV's The Lang & O'Leary Exchange. He covers many different topics in this episode, such as how he made the big shift and decided to quit his job all the way to open banking. To learn more about Bruce, please visit his website https://moolala.ca/ or https://brucesellery.com/ and you can purchase his book on Amazon at https://www.amazon.ca/Moolala-Smart-People-Things-Their/dp/0771080441. To email me, the host, send an email to youngmoneysimplified@gmail.com. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/youngmoneysimplified/message

David started investing in 1996 at age 18 and enjoyed early success thanks to tech market giants and the internet. After growing his portfolio to $10,000 (a lot of cash for an 18 year old), he was hooked, but not playing with enough cash, so he borrowed to invest more. At 25, he was working as a mutual funds analyst, after receiving his MBA from Rotman at The University of Toronto, and about to get his chartered financial analyst designation, he told his parents he needed to file for bankruptcy.    Now he is the CEO of Kindwealth, a fee-only financial planning service. No sales commissions, no contracts, and fair flat fees. He’s been featured on BNN Bloomberg, Financial Post, The Globe & Mail, and MoneySense to name a few. The best advice for me, comes from people with experience. David has seen the highs and lows of personal finance, so we reached out to hear his story, what it's like filing bankruptcy, and what his company Kind Wealth is all about.  At the end we wrap up with the question - Do you need life insurance? Get life insurance quotes at Ratehub.ca

What's up Young Money Simplified fam. Thank you very much for tuning in to this episode. Today, Sean Cooper comes on. He's a personal finance expert, best-selling author and speaker, his articles have been featured in publications such as the Toronto Star, Globe and Mail, Financial Post, MoneySense and Tangerine's Forward Thinking Blog. You guys can check out Sean's personal website to view his book, blog articles and much more at https://seancooperwriter.com/. In this episode, he tells the listeners how he paid off his mortgage in THREE YEARS, achieved financial independence through real estate and much much more. Also, Sean has agreed to give away a version of his audiobook. To enter, all you need to do is follow us on Instagram at https://www.instagram.com/youngmoneysimplified/, share the post titled 'GIVEAWAY', post it on your story, and tag us. Again, thank you very much for tuning in and I hope you guys enjoy this episode. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/youngmoneysimplified/message

In this episode, Jojy Azurin CEO/Founder MediXserve | Healthcare on Blockchain shared how he fought COVID 19 Pandemic.He also gave great insights into how his mindset helped him recover faster compared to everybody.Grab a copy of Moneysense magazine very soon.David Isaiah Angway is a Registered Financial Planner, Chartered Wealth Advisor, and a financial consultant for IT-BPO-Banking, HealthCare Industry, and Manpower Agencies.He is the founder and host of the Driven Today Podcast #1 in Career Podcast in the Philippines that helps organizations retain their top key employees such as young urban and educated millennials (Gen Y) by teaching practical money management in the workplace.For more information and concerns send him a message to his Social Media SitesFacebook Page https://lnkd.in/erSagAAFacebook https://lnkd.in/e-xj_T9Linkedin https://lnkd.in/fybawUaTwitter https://lnkd.in/ehpVxYfInstagram https://lnkd.in/f2k7Ku8You can listen and download our latest Episodes and interviews for FREE. Click the site belowSpotify https://spoti.fi/2k2THzMApple Podcast https://apple.co/2m57mH7Google Podcast http://bit.ly/2mq53PuStitcher http://bit.ly/2k2LLysYoutube channel http://bit.ly/2mS3mL0

It’s one thing for the general public to misunderstand what financial advisors do or be mistaken about important principles of personal finance. But what about financial advisors? What myths and misconceptions do you believe that might be holding you back from giving your clients the best advice? That’s what today’s guest is here to talk about. John De Goey is a Portfolio Manager with Wellington-Altus Private Wealth. He has built a national reputation as a trusted authority on professional, transparent and evidence-based financial advice. He’s written for publications including Canadian MoneySaver, MoneySense and The Globe and Mail, and appeared on television programs like CBC’s MarketPlace, News World and BNN’s Market Call. He’s the author of The Professional Financial Advisor, now in its fourth edition, and STANDUP to the Financial Services Industry, released last year. In today’s episode, he’ll discuss misconceptions commonly held by financial advisors, why advisors might hold these misconceptions, and what you should believe instead. Listen in to hear more about John’s work, research and advice for advisors and investors. What You’ll Learn in This Episode: The unglamorous yet insightful reason behind John becoming an advisor (3:35) Common myths and misconceptions in financial advising (5:00) What advisors get wrong about cost (9:15) Why advisors ignore the evidence and recommend activities that don’t add value (18:20) The key beliefs advisors should focus on improving (26:35) Why investors will need to be part of the solution (21:55) Why the reason for advisors’ beliefs isn’t the most important question to explore (38:20) Links and Resources: Standup Advisors STANDUP to the Financial Services Industry: Protecting Yourself From Well-Intended But Oblivious Advisors Email John Quotes by John De Goey: “There are a lot of advisors that should be part of the solution, want to be part of the solution, but the really ugly secret that a lot of people in the industry don’t want to come to terms with is that there are many advisors that are themselves part of the problem.” “Any advisor who is worth his or her salt would do very well to understand that where the rubber hits the road is in the behaviour that they help to enforce or disabuse their clients of.&rdq

Real Money Talk - A Ratehub.ca Production Sometimes we need a reminder of how lucky we are and put things into a new perspective, and to look at money through a different lens. Right now, there’s a good chance we’re going into debt trying to show people we love them. Tis the season. But not for everyone.  In 2018, according to the auditor general, over 450,000 Ontarians are on what’s called Ontario Works or OW. It’s a prettier name for welfare. They’re living in cramped apartments or subsidized housing, and stretching every dollar. They ride public transit with us and while we play games on our smartphones, they are hyper aware of the TTC’s 2 hour time limit. They need to get their grocery shopping done within that time to not pay an extra $3 dollars and 10 cents, yes, every penny counts.  We pay no mind, too busy being, well, busy. We have a roof over our heads, a cozy couch, a warm blanket, a cup of hot cocoa, and netflix and chill - and yet, we find reasons to complain. But, not Fatma. We interviewed Fatma to give you a real life perspective on what it’s like and to remind us to appreciate what we already have in this time of mass consumerism we call the holidays.  It’s a time when we need a strong reminder to be grateful. Christmas is about giving and after you hear Fatma’s story, I believe you’ll be ready to give more than you ever have. I asked Sandra, Editor-in-Chief at MoneySense to join me for the phone interview..  Fatma is a new immigrant and refugee to Canada. She’s learning english, you might have to listen a little more closely to understand the full message, but it’s worth it. The lessons are embedded. To start, here’s a little background.  In Egypt, I was a working woman. I had assistants, a good job, a good car, my career, and my profession. I was working as a psychologist and teaching at a university. I was a working woman. I had no problem with money or budgets. I want to mention I'm a single mom and I'm proud of my twin boys. I miss the quality of life in Egypt. My mom was supporting me, I have money, job, career. I was a known person, but it seems I have to learn new things. What’s done is done and let’s move forward.  Life was perfect...that was until tragedy struck - forcing Fatma and her two twin boys to flee from Egypt and leave everything behind with her life on the line. She told her family she was attending a psychology conference in Canada, unable to tell the truth for fear of repercussions. Her positive attitude would save her despite the arduous adjustments.

Jason Heath is a fee-only, advice-only Certified Financial Planner (CFP) at Objective Financial Partners. He does not sell any financial products whatsoever. Jason has been providing fee-only, advice-only financial planning since 2001 and is one of Canada's best-known fee-only financial planners. He is currently a personal finance columnist for the Financial Post and MoneySense. He is also a regular contributor to RetireHappy.ca. In my interview with Jason, we discuss how rental real estate is taxed, whether you should hold rental real estate in a corporation and how a financial planner can help you evaluate real estate decisions.

Our guest today is Jason Heath, CFP who has been providing fee-only, advice-only financial planning since 2001 and is one of Canada's best-known fee-only financial planners. He is currently a personal finance columnist for the Financial Post, MoneySense and is also a regular contributor to RetireHappy.ca. I've been reading his insightful financial planning articles on MoneySense for years, so I thought it would be great to have him on the show to discuss how we Canadians can optimize our investment portfolios.  We cover both phases: Before retirement when you're in the growth phase trying to retire early, and after retirement, once you've hit your number and want to make sure you don't run out of money. Questions Covered: What do you think is the best way for do-it-yourself investors to determine their asset allocation in terms of what percentage of stocks vs fixed income to hold in their portfolio? Does the answer change depending on whether someone is working towards an early retirement vs already being retired? I find asset allocation questionnaires are far from perfect, as people's emotions and feelings about the answers can really change depending on when you ask them and how much they already know about investing. For somebody that is in or approaching an early retirement or traditional retirement, do you also base the percentage of their fixed income on some spending related rule? For example: That common advice to hold five years of living expenses as fixed income as that should ride out most recessions. When you're working with clients and strategizing on what should be in the fixed income/safe portion of their portfolio, how do you determine how much they should put into bonds vs a high interest savings account vs GICs? Are there certain rules or processes that you like to follow to determine this? For those that are retired, what are some of your favourite ways to manage the cashflow in retirement so that the retiree doesn't run out of money. For example, do you use some sort of bucket strategy? ex. Having equity, bonds, GICs and cash buckets then rebalancing and refilling those accordingly? I find that many investors who are new to investing, or are switching to do-it-yourself investing to save on fees, sometimes they get intimidated by now having to rebalance their investments. For anybody new to this, can you define what rebalancing is and what rule or rules do you have for yourself (and your practice) that determines when you rebalance? What are your thoughts about the increasingly popular Asset Allocation ETFs where the rebalancing is done for you? Are there any negatives about Asset Allocation ETFs that you think should be considered? What accounts are they best suited for? For somebody that is already retired and needs to use their investments for living expenses, how do you determine whether to sell off equities vs sell bonds or use cash or GICs? Do you have some sort of rule/process like if X happens in the markets then I'm selling off equities to generate cash to live from. If Y happens then I use a cash cushion or the bond portion? What are your thoughts on the 4% rule and are there any variable spending strategies that you like instead of using the 4% rule? If you could go back to when you first started investing, what advice would you give yourself? Resources from the Episode: Free tickets to the Canadian Financial Summit: I'll be speaking again at the Canadian Financial Summit and I have free tickets for you. The entire event is online so you can watch it from anywhere, and it's Canada's largest personal finance conference. I'll be there together with over 25 Canadian personal finance experts, and in my talk I'll be speaking about how we optimized our investment portfolio before we retired, and after we retired. This way no matter where you are on your financial independence journey, it'll at the very least give you some insights on ways that you can optimize your own investment portfolio so that you can retire early, or at least hit your financial independence number quicker. To get your free tickets for a limited time, go to: https://kornel–canadianfinancialsummit.thrivecart.com/2019-all-access-pass/   Top Tools and Resources for Financial Independence (for Canadians): All the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.  Canada's Top ETFs Guide & Top High-Interest Savings Account: In the guide, I go over what I personally invest in, why I invest in it. The investments that I talk about ​are literally where we have almost our entire net worth (apart from our house), and is what we are primarily living off right now in our early retirement. At the very least you'll learn about some great ETFs to consider for your portfolio, and if you are new to ETFs, it'll give you a nice list of some top ETFs to consider from the thousands that are out there.  The guide is available for free to any listeners that use my link to sign up for a free savings account with the bank that I personally use, EQ bank.  The reason that I personally use EQ bank, is that they have one of the highest interest savings rates in Canada (they are currently offering 2.3% which is more than double what the major banks are offering). It's also free to sign up and keep an account with them, so you're not paying a monthly fee like you do with many of the other banks out there. You also get unlimited transactions, unlimited Interac e-transfers, and can take out your money at any time if you need it, and there are no minimum balances. Because of those reasons, I've been with them ever since they launched in Canada years ago, and it's where I keep my entire emergency fund and spending money.  To get the free high-interest account and the free guide on the top ETFs in Canada, just go to buildwealthcanada.ca/eq, open the free account, and once you're done, forward any email that you get from EQ to bonus@buildwealthcanada.ca and I'll send you the full comprehensive guide for free.  Jason's Site and Financial Planning Practice:https://objectivefinancialpartners.com/ Jason's Articles on MoneySense: https://www.moneysense.ca/author/jason-heath/ Vanguard's Asset Allocation Tool/Questionnaire: https://www.vanguardcanada.ca/individual/questionnaire.htm Vanguard's Asset Allocation ETFs: https://www.vanguardcanada.ca/individual/indv/en/product.html#/productType=etf&assetClass=balanced

Alan Whitton aka BigCajunMan has been writing about finance, child disabilities, RESPs and consumerism on his blog Canadian Personal Finance Blog for over a decade. He's a homeowner in Ottawa who's married with four kids. He has been featured in the Globe and Mail, the Toronto Star and MoneySense. In my interview with Alan, we discuss dealing with double digit mortgage rates, why downsizing doesn't always make sense and the right way to help adult children buy their first homes.

On the show today we are going back to basics, just Cameron and Benjamin going through some useful topics for your financial benefit! We start talking about GIC's and the article on MoneySense that led to this conversation. GIC's have a somewhat mix and match reputation, one which we believe has been often misunderstood and misrepresented. We try to show in which ways people have been misled into thinking that GIC's are the best option when, we believe, they are not. From there we turn to more general portfolio ideas, comparing the performance of the S&P 500 over time and drawing on a very useful study that illuminates the index's limitations. Our last topic for today is around saving for college and RESP's or registered education saving plans. We talk about asset allocation, how to think about starting and best practices when drawing on these funds. We finish off the show with some bad advice regarding dividend investing that actually referenced a video we made! So for all and a bunch more great stuff, be sure to tune in today!   Key Points From This Episode:  Our recent summer travels and getting away from it all! [0:03:02.4] The article by Jonathan Chevreau that sparked part of today's discussion. [0:05:46] GIC's, long term returns and the financial implications of your choices now. [0:07:15.2] Reasons why returns on GIC's can be misleading in the short term. [0:11:02.7] The S&P 500's performance against other portfolio options. [0:13:56.3] Market drops and risk appetites during panic periods. [0:19:15.2] Saving and drawing on college funds and education plans. [0:22:40.2] Asset allocation and the best way to think about covering costs. [0:27:41.1] Withdrawing funds and making the most of unused college savings. [0:31:21.3] This week's bad advice! An argument about dividend investing. [0:33:30.8] And much more!

We talk to Moneysense's new editor-in-chief, Sandra Martin on repositioning itself for the future after Ratehub.ca purchased it from Rogers Media.

Sean Cooper is an independent mortgage broker, international speaker, personal finance writer, and the author of  Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom for Canadians. His articles on personal finance have been featured in multiple publications such as the Toronto Star, Globe and Mail, MoneySense, and Financial Post. He has made regular appearances on several national television and radio shows including the CBC News Network, Global Morning Show, and Bell Media’s Bell Local Super Savers Show where he discusses topics related to personal finance, pensions and retirement planning, and mortgages and real estate.   Sean joins me today to share how he paid off his mortgage in three short years. He shares tips that can help you get and burn your mortgage at an earlier date, the inspiration for writing his book, and why he feels more focus should be put on financial literacy through the school system. He also shares the criteria that mortgage lenders are looking for and how you can prepare your finances to meet those standards as well as why it is vital to get pre-approved and be aware of the closing costs of homeownership. “For most Canadians, buying a home is the single biggest financial transaction of their lifetime.” - Sean Cooper This Week on Young Money:   Why Sean decided to get licensed and become a mortgage broker. How a strong work ethic and goal setting has allowed Sean to be successful. Why he feels that financial literacy needs more focus in the school system. How he ‘burned his mortgage papers’ and the inspiration for his book. The lifestyle changes that you can make to get into home ownership. What is the 2-2-2-rule that lenders are looking for? The closing costs and expenses that home buyers will incur. The misconceptions of home ownership and the value of having a mortgage broker. The questions you should be prepared to answer when applying for a mortgage pre-approval. Key takeaways:   Qualify for a mortgage by focusing on your income, down payment, credit, and debt. Set a date goal for homeownership. Save regularly. Take the time to get pre-approved. Resources Mentioned:   EP007 How’s Your Financial Reputation aka Your Credit Score? Connect with Sean Cooper:   Sean Cooper website MortgagePal Sean Cooper on LinkedIn Sean Cooper on YouTube Sean Cooper on Twitter Sean Cooper on Facebook   Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom for Canadians   Rate, Share & Inspire Other Young Millionaires-in-the-Making   Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to iTunes and leave us a rating and review. Visit our website to learn how easy it is to leave a review on iTunes.   Don’t forget to share your favorite episodes on social media! Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our Linkedin Company Page, or by visiting our website.

Rob Brown is a personal finance speaker and the author of Wealthing Like Rabbits: An Original and Occasionally Hilarious Introduction to the World of Personal Finance. Released in 2014, Wealthing Like Rabbits became a Canadian bestseller. The book has been featured in multiple publications such as The Globe and Mail, Reader’s Digest, and MoneySense Magazine, and is highly regarded as a must-read book on personal finance. Rob writes a monthly column that appears in the MoneySense magazine and often speaks at universities and colleges about how to manage money better. He is also a frequent speaker at business and trade organizations such as Chambers of Commerce and Sales and Networking groups where he shares the business lessons he has learned as a self-published author.   Rob joins me today to share the inspiration for his book and the financial tips that have helped him find financial stability and success. He explains the vital financial lessons that are essential for students and young adults to learn early on and the benefits of avoiding dumb and excessive consumer debt and comparing yourself to others. Rob also shares the answers to the questions he gets asked most often when speaking to students about debt and saving and why it’s critical to assess the risks and rewards before jumping into investing. “The discipline of making yourself save a little bit of money every time you get paid is important and developing the habit early on is crucial.” - Rob Brown This Week on Young Money:   The inspiration for writing a personal finance book for students and young adults. The financial tips that lead to success such as saving, avoiding dumb and excessive consumer debt, and not ‘keeping up with the Jones’s.’ The financial lessons that Rob teaches now and wishes he knew earlier in life. The top 3 tips for young adults that will set themselves up for financial success. The benefits of paying off your credit card bill every week. The audience questions that Rob gets asked most when speaking to students. Why it is important to assess the risks and rewards when investing. Why it is vital to look for opportunities and take responsibility for managing your finances. What Rob is working on next and the possibility of a new book. Key takeaways:   Make financial decisions that are right for you. Think about the little day-to-day decisions and how they can affect your life overall. Adapt by finding opportunities to spend less money or make more money. Resources Mentioned:   EP018 Cashflow Cookbook with Gordon Stein EP063 Money Mindfulness with Jessica Moorhouse Connect with Rob Brown:   Wealthing Like Rabbits LinkedIn Facebook Twitter Rate, Share & Inspire Other Young Millionaires-in-the-Making   Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to iTunes and leave us a rating and review. Visit our website to learn how easy it is to leave a review on iTunes.   Don’t forget to share your favorite episodes on social media! Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our Linkedin Company Page, or by visiting our website.

Sean Cooper bought his first house when he was just 27 and paid off his mortgage at 30. An in-demand personal finance journalist, best-selling author and speaker, his articles have been featured in publications such as the Toronto Star, Globe and Mail, Financial Post,  MoneySense  and  Tangerine's Forward Thinking blog. He makes regular appearances on national radio and television shows to discuss personal finance, real estate, mortgages, pensions, and retirement planning. He lives debt-free in Toronto. Guest: Personal Finance Journalist, Bestselling Author, Sean Cooper In this episode learn about: – Why is it important to keep eye on your credit score– Tips on funding your mortgage – Easiest ways to come up with a downpayment– The 3 mortgage P's (Penalty, Prepayment, Portability) To get it touch with Sean you can email  him at  SeanCooperWriter@gmail.com, call his phone number 647-867-3711 or visit his website at https://seancooperwriter.com More about Sean Cooper:Sean is a fee-only money coach, specializing in budgeting, debt management and pensions. He is independent and unbiased — he's not going to try to sell you investments. He provides simple, yet practical advice on saving money without sacrificing the things you love.

The comprehensive services offered by family offices have traditionally only been available to high-net-worth individuals. But today’s guest, Marc Lamontagne, was determined to offer full-service fee-based financial planning to the emerging affluent ‒ folks who may not be millionaires yet but who have some investable assets built up. In this episode, you’ll hear how he built an accessible yet profitable family office practice into Ottawa's largest fee-based financial planning firm. Marc is a founding partner of Ryan Lamontagne Inc. He specializes in comprehensive financial planning, investment counseling, and tax planning. Marc has also delivered numerous seminars and workshops across Canada. He’s a recognized expert in the field and has appeared in publications such as the Globe & Mail, the Financial Post, CBC, Ottawa Citizen, Toronto Star, CTV Morning Live, and MoneySense magazine. Listen in to hear why he wanted to offer a comprehensive financial planning service that even includes tax preparation, how he gets clients to implement all the recommendations on his financial plan, and how he ensures his business is always growing. What You’ll Learn in This Episode: Why Marc offers tax preparation as part of his financial planning offerings (4:00) Marc’s trick for getting clients to implement his recommendations (7:25) How a financial plan is like a new car (12:45) What people often misunderstand about fiduciaries and financial planning (14:20) The unexpected way Marc found his niche (20:35) Marc’s multi-pronged approach to marketing (23:50) The two questions Marc asks himself to help him reinvent and grow his business (29:30) How recent changes to the FPSC will impact the industry (31:55) Links and Resources: Ryan Lamontagne Inc.Quotes by Marc: “One of the things I always tell clients is that the implementation process is just as important as the planning process because all the planning in the world isn’t going to do you any good unless you implement it.” “I always used to joke that a financial plan is kind of like a new car: it loses about 20% of its value the minute you drive off the lot because as you know, over time, your financial situation may change, your life may change, your goals change.” “Sometimes what you have to do is look around you and say is there some sort of structure that's preventing me from expanding my business? Because if a business isn’t growing, it’s dying.” Marc’s mission with Ryan Lamontagne Inc. was always to

Dan is joined by David Thomas, former editor-in-chief of MoneySense, to discuss how the magazine has evolved into a digital brand. Then Dan considers whether Canadians need international diversification in their portfolios, and whether it makes sense for a couple in their 70s to fire their advisor and go it alone. For complete show notes visit canadiancouchpotato.com/podcast.

MoneySense has revealed the best places to live in 2018. Oakville is in the number one spot, while Hamilton is 168th. Guest: Claire Brownell, MoneySense.

The Ontario government has decided to end the basic income pilot project and are cutting a planned 3% welfare increase. Guest: Tom Cooper, Director, Hamilton Roundtable for Poverty Reduction.  Guest" James Collera, Basic Income participant.  Guest: Alana Baltzer, Basic Income Participant.  According to Health Canada, pharmacies across the country will likely run out of EpiPens in the coming days or weeks. Guest: Dr. Joseph Greenbaum, has a private practice in allergy at the Charlton Medical Centre, Assistant Clinical Professor in the Division of Clinical Immunology & Allergy, Department of Medicine, St. Joseph's Health Care. MoneySense has revealed the best places to live in 2018. Oakville is in the number one spot, while Hamilton is 168th. Guest: Claire Brownell, MoneySense.

As a financial planner, you become accustomed to seeing certain types of financial situations over and over again. However, some clients have very complicated and singular financial situations that can prove challenging. For example, planning for elderly parents brings out unique challenges. Business owners often have more complex tax situations. Expats who retain investments in their home country may have a tangled investment situation. Today’s guest knows a lot about dealing with some of these more complex financial planning situations and most importantly he knows how to make the client engagements profitable. Jason Heath is one of Canada’s best-known fee-only financial planners. He is a Certified Financial Planner (CFP) with Objective Financial Partners in Toronto, a personal finance columnist for the Financial Post and MoneySense, and a regular contributor at RetireHappy.ca. Jason has been providing fee-only, advice-only financial planning since 2001 and has a particular interest in working with clients with complex planning issues. Listen to the episode to hear more about Jason’s background, how he overcame the challenges to build his practice from the ground up, and how financial planning has changed over the last 20 years. Topics Discussed in This Episode: What Jason’s firm does for their clients What type of clients Jason’s firm serves Jason’s background and how he got into financial planning How to distinguish fee-only financial planning from fee-based investment management How a financial planner can collaborate with other professionals, including accountants, insurance agents, and investment advisors The kinds of issues a planner can encounter when working with Canadian expats Financial planning issues that business owners deal with Jason’s approach to planning for elderly parents How Jason’s firm can serve a range of client types profitably How to approach pricing for different levels of client engagement The average flat fees and annual review fees for Jason’s firm How financial advice delivery has evolved over the last 20 years Challenges Jason has encountered while building his practice To what Jason attributes his success &n

Barry Choi wasn't always a personal finance expert.  Back in his 20s he didn't know anything about investment fees or what he should be investing in. But when someone suggested that he might be paying more than he needed to, he quickly found that it was even worse than he thought. That incident from 10 years ago kicked Barry into high gear and created the personal finance expert we know him to be today. Barry is also one of Canada's leading travel experts and blogs about his travels, and various personal finance topics on his site moneywehave.com Barry has been published in the Globe and Mail, Toronto Star, Financial Post and MoneySense magazine, just to name a few, and he's made many appearances on Canadian TV over the years. Barry joined me in Toronto to tell his personal finance story. NEXT EPISODE 36 - Gordon Stein  

Summary:In this 9th episode of the Fintech Impact podcast, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Rona Birenbaum, a Toronto-based financial planner, and the CEO of Viviplan, a Canadian Robo planner that uses technology to more effectively provide financial planning to clients and a better price point. They chat about how Rona came to create Viviplan, what it aims to do for financial planning, and how it is growing.01:09 – Rona sums up Viviplan.●01:27 –Viviplan came out of Rona’s experience as a fee only financial planner for over 20 years.●02:37 – Viviplan was accepted into the Ryerson DMZ-BMO Fintech Accelerator program in the summer of 2017.●04:27 – Clients go through a rigorous but friendly onboarding process to gather the information to develop a comprehensive, tax-sensitive, goal-driven financial plan●07:03 – The onboarding is all developed in-house.●09:13 –Public relations coverage in The Globe and Mail and MoneySense has helped get the word out marketing-wise—along with podcast appearances.●11:33 – To handle that overflow of inquiries and interest Viviplan is hiring another full-time planner.●13:27 – College graduates trained for financial planning are coming to the realization that the only available jobs are sales jobs.●18:14 – Viviplan doesn’t have in-house implementation, and they want to keep product and advice separate.●20:58 –For the comprehensive plan clients get feedback, education, information, and direction on all aspects of their financial life. There are also lighter plans for people with less questions, without a full analysis.●23:14 – Feedback from early users has been enthusiastic.●26:17 – The biggest challenge is money. Rona is currently financing the company personally. Also, she desires the right partner that will fit in smoothly.●29:26 – She is excited about building out a network of trusted professionals nation-wide.3 Key Points:1. Viviplan clients go through a rigorous but friendly onboarding process to gather the information to develop a comprehensive, tax-sensitive, goal-driven financial plan2.College graduates trained for financial planning are realizing that the only available jobs are sales jobs.3.Viviplan doesn’t have in-house implementation, and they want to keep product and advice separate.Tweetable Quotes:-“In order to do planning, you’ve got to sell.” – Rona Birenbaum.-“Technology in my view, will not replace the need for people in financial planning.” – Rona Birenbaum.-“We want to build out a platform of trusted professionals, vetted professionals, that our clients can then go to, and feel confident that they’re going to get the service to they need to implement what we have recommended.” – Rona Birenbaum.Resources Mentioned:●LinkedIn – Jason Pereira’s LinkedIn●Facebook – Jason Pereira’s Facebook●Woodgate Financial – Website for Woodgate Financial●Viviplan – Website for Viviplan●Twitter – Rona Birenbaum’s Twitter page See acast.com/privacy for privacy and opt-out information.

By day, Matt Matheson is a teacher and assistant principal, but when the day is done he takes on his role of Canada's newest personal finance blogger. Matt started writing at https://methodtoyourmoney.ca in October 2017 and since then has gotten the attention of some major personal finance publications. In January 2018 he was published in MoneySense magazine and just recently he was a guest blogger on the popular personal finance site https://getrichslowly.org. Matt joined me from Edmonton, Alberta to tell his personal finance story. NEXT EPISODE 27 - Brendan Lee Young and Brendan Wood

During his Canada Day speech, Prime Minister Justin Trudeau listed off all of Canada's provinces and territories - except for Alberta.-MoneySense came out with their 2017 list of Canada's best places to live. Burlington was the number 2 city in all of Ontario, and number 9 out of all the cities in Canada.Guest: Rick Goldring, Mayor of the City of Burlington- What if a computer could create art? Scientists have created an artificial intelligence that is creating unique and new styles of art that have never been seen before.Guest: Shelley Falconer, pPesident and CEO of the Art Gallery of Hamilton

Today w/ 'Tom & Kerri': Winnipeg has done it for the 18th year in a row / McDelivers / Folk Fest has begun / Hot felon update / Concert tickets for you! / Where Winnipeg ranks on latest MoneySense poll / Kerri attempts a World Record, sorta / More concert tickets! / OMG, Kate cut her hair / AND, the 'Drive 5'!

Today I'm excited to have Sean Cooper on the show. There's a good chance that you've already heard of Sean whether it's on the radio, TV, or the internet as Sean is the guy that bought his first house when he was just 27 and paid off his mortgage at 30 in 3 years. As you may know, my wife and I also paid off our mortgage early at the age of 28 and 29 (you can learn more about it by checking out past episodes of the show). But what makes Sean's story interesting, is that he did it in Toronto (which as we all know has some of the highest real estate prices in Canada), and he did it with a single income. That to me is really impressive, so it was fun to pick Sean's brain about how he did it, and the strategies he uses and recommends to save money and get out of debt. UPDATE: Since publishing this episode, Sean has become the show's Resident Mortgage Expert. If you have a mortgage question, you can speak to Sean for free over at www.BuildWealthCanada.ca/sean A bit more about Sean: He's an in-demand personal finance journalist, money coach and speaker. His articles have been featured in publications such as the Toronto Star, Globe and Mail, MoneySense and Tangerine's Forward Thinking blog. He makes regular appearances on national radio and television shows to discuss personal finance, real estate and mortgages. He's also the author of the new book, Burn Your Mortgage, which helps anyone —from new buyers to experienced homeowners — pay down their mortgage sooner and live well while doing it. Links and Resources Get a free one-on-one meeting with Sean to get your mortgage and home buying questions answered at www.BuildWealthCanada.ca/sean Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments. Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest Questions Covered: To start things off, tell us your story and the steps you took that got you mortgage free at such a young age. Tell me about the moment when you realized that you need to write a book. What motivated you to write it in the first place? With the house prices being where they are, and the frenzy that we seem to be experiencing in the real estate market right now, do you think it still makes sense for millennials to buy a home? (as opposed to renting for a lot less and investing their excess cash flows). Are there exceptions? Are there some creative ways that you recommend Canadians (and millennials in particular) can get into the real estate market? Tell me about the internal dialogue that you had in your head, with yourself, when deciding whether you should pay off your mortgage quicker or invest. Now that you are debt free, are you also financially independent? Tell me your definition of financial independence. If yes, how do you structure your investments, cash flows, etc.? What are you doing with the cash flows that aren't going towards your mortgage anymore? -What are you investing in? -Your strategy. Reasoning? -How are you using registered accounts? Are you using non-registered too? Have you considered doing a home equity line of credit (HELOC) on your property and using the proceeds to invest? Are you thinking of buying more rental properties? What's next for you? To finish things off, tell us more about your book and what we can expect to learn from reading it. Where can we follow you if we want to learn more?

12-11-16 MONEYSENSE Financial Planning BEFORE and AFTER Divorce with Rebecca Millenbach

Today I'm really excited to have Bruce Sellery on the show from MoneySense Magazine and Moolala.ca, to tell you all about how to save and invest for your retirement. Bruce is a bestselling author, and you might have seen him on TV as he's been on CTV, CNN, BNN, MSNBC, as well as the Lang & O'Leary Exchange with Kevin O'Leary from Dragon's Den and Shark Tank. He is also the author of the book “The Moolala Guide to Rockin' your RRSP” which is a fantastic book that I'd recommend to everyone. In it, he actually does a great job of inspiring you to take action when it comes to planning and saving for your retirement (which is great if you know this is something you should be doing but just aren't feeling motivated to do it). He also provides a great step-by-step guide that you can actually implement to pull it all off. Links and Resources Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.  Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest Bruce's Latest Book: Moolala Guide to Rockin' Your RRSP: Start Rockin' in Five Easy Steps Bruce First Book: Moolala: Why Smart People Do Dumb Things with Their Money – and What You Can Do About It Bruce's Articles at: www.Moneysense.ca Bruce's Site: www.Moolala.ca Questions Covered 1. Why should Canadians even care about saving for retirement through their RRSPs and TFSAs?. 2. What are the top mistakes Canadians make when it comes to their RRSPs, and retirement planning in general? 3. Tell us about the 5 steps in your book that listeners can use to retire early. 4. For someone that is looking to buy their first home: They may want to save money for a down payment inside their RRSP since they can withdraw it when they're ready to buy using the Home Buyers Plan. In this case, what should they put their money into? (i.e. bonds, bond ETFs, GICs?) Especially considering interest rates are low and Canadians are worried about getting hurt on bonds if rates go up. GIC rates are very low too so it doesn't seem very appealing for most. What about those Canadians that are getting very close to retirement? Is the strategy different for them? In other words, what are the best safe options in the current low interest rate environment? 5. RRSP loans: What are they and when is it a good option? 6. How to factor in inflation when doing retirement planning calculations? (i.e. Would you just use the anticipated rate of return and subtract out inflation? Or use some other method?) 7. Is there a way to be able to take some of your spouse's RRSP contribution room if you're in a higher tax bracket? 8. Your thoughts on using annuities for retirement? (please define annuities first) 9. Your thoughts on using broad market index funds or ETFs vs buying smaller indexes like small cap stocks or different bond ETFs?

Today I am REALLY excited to have none other than Julie Cazzin on the show, who is going to tell us all about how we can retire early. Julie is a national award winning business and personal finance journalist. She is a founding member and Senior Editor at MoneySense. While she consistently writes some of the most popular columns for MoneySense, she's also written for Readers Digest, Canadian Business, Maclean's, and many others. Julie has also appeared as a television guest on CityTV, Rogers and CTV as well as several radio shows throughout the years, speaking on a wide range of personal finance topics. Links and Resources Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments. Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest Julie's Articles on MoneySense Questions Covered: What are some top tips you can give to Canadians that want to retire early? How can we figure out if we have enough to retire early? What are some top mistakes someone can make if they want to retire early? What are some top mistakes someone can do if they are already retired? (whether it was early retirement or not) While saving for an early retirement, would you recommend index investing by purchasing broad market ETFs or funds, or do you recommend a different strategy? (ex. dividend investing) While saving for an early retirement, would your asset allocation be different compared to someone that is planning on retiring early? What are some of the unique challenges that we have to worry about if we are planning to retire early vs doing the more traditional retirement at age 65. (i.e. Impact of CPP, OAS, and pensions come to mind). Once we manage to retire early, what suggestions can you make in terms of asset allocation? Your thoughts on a safe withdraw rate? How would you suggest using TFSA, RRSP, and unregistered accounts while saving? How would you suggest using TFSA, RRSP, and unregistered accounts while retired early? What are annuities and is it possible to purchase annuities here in Canada if we are a young retiree?

This is the comprehensive guide to all the ongoing costs you need to know about before purchasing a home. This guide will help you prepare for and budget for all these ongoing expenses. In the guide, I also give you some actual cost figures so that you at least have a ballpark figure on what the different items can cost. Links and Resources Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments. Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest As mentioned in the episode, there is a fantastic guide written by Romana King from MoneySense that breaks down all the maintenance expenses that you're likely to incur in your home. You can view the full article here: Ultimate Home Maintenance Guide. This should give you a great idea of all the different items that you should maintain, which ones to maintain yourself, and which ones to save up for (such as a roof replacement, furnace replacement, etc.).