Podcasts about MoneySense

What happens when two seasoned real estate professionals take a break from interviews to talk about their journeys? In this special episode, Neal and Ryan dive deep into their backgrounds, from their early career pivots to building businesses in private lending, real estate sales, and investing.They also break down the MoneySense 2025 housing report, sharing key takeaways on real estate affordability across Canada, Atlantic Canada's surprising strength, and what investors should be cautious about in today's market.Whether you're new to the show or a longtime listener, this is a great episode to get to know your hosts and walk away with real estate investment wisdom from hard-earned experience.Show Notes: 01:08 – Neal reflects on turning 30 and shifting gears professionally02:48 – Recap of recent guests and upcoming meetups03:34 – Why Neal and Ryan decided to share their journeys04:05 – Discussion of the MoneySense housing affordability report08:09 – Insights on Halifax, Moncton, Calgary, Ottawa, and more10:36 – The risk of sharp growth and potential corrections in Atlantic markets11:24 – Neal's entrepreneurial background and first big real estate win15:45 – The leap from investing to private lending17:02 - Starting Keystone Capital and launching Keystone MEC24:36 - The fact-based selling27:34 – Ryan shares a tough lesson from a fire loss on a St. John build34:51 - Reasons Neal and Ryan love the private lending spaceResources:Find Neal On:Instagram: @neal.andreinoLinkedInFind Ryan on:LinkedInE-mail: ryan@keycap.ca

In this episode of The Clinic Boss Show, Rick sits down with Scott Terrio, consumer insolvency expert and senior advisor at Hoyes Michalos, to unpack the financial crisis few clinic owners talk about: personal debt, tax traps, and business insolvency. With over 15 years in the insolvency industry and 8,000+ client filings under his belt, Scott brings a sharp, no-BS perspective on how smart business owners end up financially ruined and what they could've done to prevent it. Known for his straight-shooting advice and regular appearances on BNN Bloomberg, CBC, and Moneysense, Scott breaks down the difference between bankruptcy and consumer proposals, the red flags clinic owners ignore, and how to legally protect your home and assets when things go south. Sign up for my free training clinicowner.com Be part of our clinic owner community clinicaccelerator.com https://www.instagram.com/thericklau/ In this conversation, Scott and Rick dive into topics such as: 1. Avoiding Financial Ruin as a Clinic Owner Why Most Business Owners Wait Too Long to Call a Trustee The Hidden Dangers of Personally Guaranteed Leases & Loans How to Know When It's Time to Shut Down Your Business 2. Bankruptcy vs. Consumer Proposal: What Every Owner Needs to Know How Consumer Proposals Work—and Why 90% of People Choose Them What an R7 Credit Rating Means for Your Future (and How to Recover) The 3 Factors That Decide How Much of Your Debt You Can Wipe Out 3. The Truth About Incorporation & Liability Why Your Corporation Doesn't Actually Protect You from CRA Director Liability 101: What the Government Can (and Will) Come After Smart Moves to Shield Your Assets Before Trouble Hits 4. From Taxes to Insolvency: The Domino Effect Killing Small Businesses The Most Common Mistakes with HST and Payroll Tax Why Overleveraged Homeowners Are Filing in Record Numbers How to Spot—and Stop—a Financial Spiral Before It Starts 5. Mental Health, Money Stress & the Cost of Hanging On Too Long The Emotional Toll of Business Debt (And Why It's Not Just About Money) What Really Happens to Your Life After a Proposal or Bankruptcy Why Calling a Trustee Early Could Save Your Health and Your Marriage

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.

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

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/

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

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

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

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

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