Shows
It's Personal Finance CanadaBudget Blow Out 2024!"The commitment needs to be a commitment to grow the economy, and the budget will balance itself,” -Justin Trudeau, Leader of the Opposition, February 2014. This week it's Budget Blow-out-palooza 20-24 exclusively on Tax-Payer Per View. Cameron makes the great sacrifice and reads through the proposed budget to see what will impact your personal finances the most in the coming year and onward. Plans for converting government assets into residential properties changes to capital gains structure and more are highlighted as Deficit-a-thon continues.
If you live in British Columbia, Alberta or Saskatchewan let us help you take care of the people yo...
2024-04-2233 minIt's Personal Finance CanadaSimple Money By Tim MaruerPeople keep saying that money is simple, and I took that personally. This week we get deep with “Simple Money: No Nonsense Guide to Personal Finance” by Tim Maurer and find out how to make understanding finances more personal and real to our own lives. Learn how to figure out what success really looks like to you and how to challenge your inherited and ingrained views on money.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep...
2023-10-3031 minIt's Personal Finance CanadaHow Canadians Spend Their MoneyA proclamation has been sent forth from Ottawa, “don’t forget to drink more Ovaltine!” This week we break down the freshly released Survey of Household Spending report from StatsCan to see where all of our money has been going. Find out how far apart average expenses are from average income and what the data tells us about how people are able to budget effectively.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going o...
2023-10-2328 minIt's Personal Finance CanadaAre you using the right age in your retirement projections?Age is in the eye of beholder! This week we take a deep dive into Moshe Milevsky’s book “Longevity Insurance for a Biological Age: Why Your Retirement Plan Shouldn’t Be Based on the Number of Times You Circle the Sun” and see how we get retirement planning wrong by relying on our calendar age more than our biological age. Find out what the difference is between biological age and chronological age and how misunderstanding this difference can hurt your finances later in life.
If you live in British Columbia, let us help you take care of the people you love...
2023-10-1631 minIt's Personal Finance CanadaGetting Personal With Michelle D.This week we welcome IPFC listener Michelle D. whose journey started by listening to podcasts and discovering how to live with intention. A concept that took her and her family on a journey that lead to the repayment of $301,000 of mortgage debt in less than five years. Michelle talks about how they changed spending habits, sold things they didn’t need, put their savings towards the debt (minus RRSP’s and emergency fund), used just one car and planned errands strategically to save on gas. Most importantly her changed mindset lead to a feeling of control over her life and m...
2023-10-0933 minIt's Personal Finance CanadaThe Science of Decision MakingIf at first you don’t succeed just do the same thing over and over and over again. This week we tackle the root of most people’s personal finance issues, their decision making process. For many people the decisions we make feel almost automatic and outside of our control bringing us to the same unwanted results day in and day out, and no budget is going to help us out of that rut.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our F...
2023-10-0233 minIt's Personal Finance CanadaUnconditional Cash Transfers Reduce HomelessnessSo it turns out the best way to help people without money is actually to just give them money. This week we talk with Claire Williams co-founder of “Foundations for Social Change” and Dr. Jiaying Zhao Associate Professor in the Department of Psychology and the Institute for Resources, Environment and Sustainability at UBC, two of the co-authors of the landmark study “Unconditional Cash Transfers Reduce Homelessness.” Find out how people normally stigmatized for their homelessness used a one-time gift of $7,500 to better their lives in a way which goes against the preconceived narrative.
If you live...
2023-09-2530 minIt's Personal Finance CanadaMoney MistakesNow always never forget to don’t do what Donny Don’t does! This week we open up and show you how we got things wrong… in the past, and how you can avoid those same money mistakes today. Plus, don’t miss out on the lightning round where we rapid fire more ways to help you avoid wasting money.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group...
2023-09-1831 minIt's Personal Finance CanadaMoney Questions That Can Change Your LifeYes, yes, asking is the first step to understanding, but spending is the first step to a new Lego Venator-class Star Destroyer. This week we explore some of the key questions people should be asking themselves about not only their finances but their daily habits and purpose in life, wow that got deep quick. Everything from income, spending, savings, investing and protection is talked about and how we can overcome the dreadmill, I mean treadmill of debt and not accomplishing our goals in life.
If you live in British Columbia, let us help you...
2023-09-1134 minIt's Personal Finance CanadaDie with ZeroWe come into the world with nothing and we leave with everything, wait that’s not right. This week we talk about the book “Die with Zero: Getting All You Can From Your Money” by Bill Perkins and find out what he has against his kids. Find out how Bill’s philosophy of decumulation and making the most of a certain portion of your life can help people kick their bucket after it's been empty.
If you live in British Columbia, let us help you take care of the people you love and visit braunfin...
2023-09-0429 minIt's Personal Finance CanadaA Canadian’s Guide to American Personal Finance BooksNow to revolutionize your finances first get out your 401k documents *throws book*. This week we tackle the biggest frustration among Canadians who read personal finance books, the dreaded use of the American tax system and we give you a cheat sheet to help apply those ideas to your life. Is an IRA an Individual Retirement Account or a Individual Retirement Arrangement, we don’t know! Plus a host of other tips to help you redeem those books you bought but can’t apply.
If you live in British Columbia, let us help you take...
2023-08-2832 minIt's Personal Finance CanadaMoney MagicAnd with a wave of my wand I shall make all my financial problems disappear, “klaatu barada nikto!” This week we open the mystic tomb known as “Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life” by Laurence Kotlikoff and see how this master of the financial arts can teach us about crafting our lives into the best financial outcome possible.
*IPFC is not responsible for listeners spontaneously transforming into frogs or anything else unnatural by listening to this episode.
If you live in British...
2023-08-2135 minIt's Personal Finance CanadaIt's Personal - Christine's StoryThis week we get personal and Christine shares about a health issue in her life that forever changed the way we look at money, priorities, finances and our planning process. It’s introspective and a bit dark, and not our usual light and fluffy personal finance centric type of episode.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
2023-08-1437 minIt's Personal Finance Canada2023 Summer Market Outlook Part 2"I’m sorry Dave I’m afraid I can’t invest in that." This week we peer into the S&P 500 and see how its core sectors have performed so far in 2023. Is there a true boom in the market happening or has HAL 9000 and his shiny new AI buddies distracted everyone from what is really happening in the American stock market.
If you live in British Columbia, let us help you take care
of the people you love and visit braunfinancial.com
Keep the conversation going on our Faceboo...
2023-08-0739 minIt's Personal Finance Canada2023 Summer Market Outlook Part 1It’s a mad, mad, mad, mad stock market! This week we seek out the fabled “W” of the current Canadian stock market and find out what sectors are actually bringing about the best returns on the TSX. Which surprising companies have been the year to date winners and which have crashed and burned, the answer may (or may not) surprise you.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Faceboo...
2023-07-3139 minIt's Personal Finance CanadaFinancial FreedomThe first rule of confirmation bias club is we don’t talk about confirmation bias club. This week we dig through Grant Sabatier’s book “Financial Freedom: A proven path to all the money you will ever need.” Find out how a burrito craving changed his view on finances and what parts of his philosophy we think can help you get your own tasty burrito, or financial freedom, we won’t judge.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
...
2023-07-2434 minIt's Personal Finance CanadaPlaying With FIRE part 2When your financial calculator tells you to “use reasonable figures” you know your in for a wild ride. This week we tackle part two of our look into the Financial Independence Retire Early (FIRE) movement and go beyond just the core concepts and actually put their math to the test. Is the promised 4% rate of return formula your golden ticket or does it turn to rust in when you need it the most.
If you live in British Columbia, let us help you take care
of the people you love and visit braunfinancial.com
2023-07-1733 minIt's Personal Finance CanadaPlaying with FIRE Part 1Where there’s smoke there’s FIRE! This week we dig deeper into the FIRE movement and see how much of it is actually burning logs and how much of it is just cheap kindling. Can you sustain a retirement, what does it cost you in your everyday life? Plus we talk about what we actually really like about the movement in part one of this two week investigation.
If you live in British Columbia, let us help you take careof the people you love and visit braunfinancial.com
Keep...
2023-07-1034 minIt's Personal Finance CanadaCPP and OAS PlanningIt’s time to spin the wheel of retirement fortune and see what we get from the government, bonus points for landing on 70! This week it’s everything you’ve ever wanted to know about CPP and the new changes to OAS. Find out when it could be best to start collecting, how its funded and what the future holds for these 2 staples of government assistance.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the convers...
2023-07-0331 minIt's Personal Finance CanadaBetter Understanding Debt InsolvencyThe call is coming from inside the house, and it’s asking when to expect payment of my loans! This week we talk with Blair Mantin president of Sands & Associates and go over everything you ever wanted, or didn’t realize that you needed to know about consumer proposals and bankruptcy in Canada. Learn new tips and tricks to help you even before you get into debt trouble and how to best deal with those mounting debts before it’s too late.
If you live in British Columbia, let us help you take care of the...
2023-06-2536 minIt's Personal Finance CanadaThe Latte FactorFor the price of a coffee a day you can become a millionaire… maybe. This week we dig into David Bach’s bestseller “The Latte Factor” and see if its core financial concepts are more foam than cream. Can small daily investments really revolutionize your retirement and how does the math really work in today’s market?
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.faceboo...
2023-06-1930 minIt's Personal Finance CanadaChristine’s Personal Finance Road MapWhat do all personal finance experts have in common? If you guessed a numbered step by step guide you’re correct! This week Christine joins the dark side of personal finance expertise and lays out her own road map, checklist, whatever we’re calling it, to help you master the basics of not only your budget but your entire personal finance journey.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Faceb...
2023-06-1231 minIt's Personal Finance CanadaWhy Popular Budgets Don’t Work50, 30, 20 hut hut hut. This week we tackle the growing trend of set it and forget it percentage based budgets and how many of these American creations are leading Canadians astray. Find out whether these good ideas are based in reality and are actually feasible for the average Canadian.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
U...
2023-06-0529 minIt's Personal Finance CanadaInvestment DisciplineThe most important part of investing is timing, or so we are led to believe. This week we talk about how to manage your time in the stock market and how emotions lead you off the cliff of destitution. Learning the cycles of the market and when to best get in, get out, or stay put is the true key to success.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our F...
2023-05-2930 minIt's Personal Finance CanadaWhen do you need a Financial AdvisorIn a world of DIY financial planning and investing it is easy to think we know what is best for our financial future. This week we go over the pro’s and con’s of DIY financial management and when it is best to talk to a professional. Christine takes you behind the scenes of her practice and talks about compensation, product availability and where it is actually better for you to do things yourself.
If you live in British Columbia, let us help you take care of the people you love and visit brau...
2023-05-2238 minIt's Personal Finance CanadaThe Wisest InvestmentIt’s mothers’ day so what better time to talk about how we teach our kids about money, so they can spend it on mom of course! This week we welcome our first guest Robin Taub the author of “The Wisest Investment” and discover all of the ways we can push past our personal taboos about money and prepare our kids to be financially literate and independent.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conve...
2023-05-1530 minIt's Personal Finance CanadaWhat Happens when a Bank Fails?This week we go over the recent struggles with American banks and look into what is keeping major Canadian banks from suffering the same fate. Everything from CDIC, Assuris, OFSI and the Basel accords are talked about as we discover what would happen if a Canadian bank collapsed.
Continuity Note: A day after recording this episode TD Bank broke its agreement to purchase First Horizon Bank in the US.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial...
2023-05-0836 minIt's Personal Finance CanadaNot all ESG is Created EqualEarth! Fire! Wind! Water! Heart! By your powers combined I am Captain Dividend Yield! This week we tackle the increasingly popular ESG investment mandate, issues of environment, society and corporate governance are becoming more important for investors. However, not everything labels as ESG right now would please Captain Planet, or even the average investor looking to support true change for the better.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our F...
2023-05-0127 minIt's Personal Finance CanadaBusting the 10% Savings MythI reject your financial reality and substitute my own! This week we bust the classic personal finance myth of saving 10% to fund your retirement. What was once a staple of personal finance is no longer enough, but there is a better way which can help you right now.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
U...
2023-04-2432 minIt's Personal Finance CanadaDave Ramsey’s "7 Baby Steps"This week Christine goes toe to toe with Dave Ramsey’s personal finance philosophy and his core 7 baby steps concept. How much of it is helpful to Canadians? What will and won’t work in Canada? And how can these concepts help the average person north of the border in their journey to wealth and debt freedom.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.f...
2023-04-1739 minIt's Personal Finance CanadaQ2 2023 Market Outlook
Talk of a recession keeps on looming over Canadians but is this threat more of a big bad wolf, or more of a Peter and the wolf type of narrative. This week we talk about what’s going on in the markets and how things are shaping up for Q2 across various sectors and how those changes can impact your investments.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on...
2023-04-1035 minIt's Personal Finance CanadaCanada Budget 2023 and YouThis week we talk about spendapalooza 2023, aka Canada’s 2023 federal budget, everything from grocery “rebates,” green infrastructure to taxing the rich. We read the budget so you don’t have to in order to figure out how it will impact your day to day finances.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
Useful Resources:
2023-04-0330 minIt's Personal Finance CanadaPerks of Owning A Small Business In CanadaThis week we talk about one of the lesser known benefits of having a Canadian corporation, the Capital Dividend Account. This little known method of transferring tax free money from your corporation to yourself personally could change how you look at the concept of owning a business, well as long as you play by the CRA’s rules of course.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and...
2023-03-2731 min
It's Personal Finance CanadaMillionaire Success HabitsThis week we talk about the book "Millionaire Success Habits" by Dean Graziosi, but get side tracked and talk about cheeseburgers, philosophy and wolves! Seriously though this week we talk about taking stock of your goals and desires and how they continue to shape your life and may be holding you back personally and financially as well. But that could change if you only asked the question “why” to many parts of your life.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com...
2023-03-2031 minIt's Personal Finance CanadaWhat to Do When You Make More MoneyThis week we answer another fan question and talk about what to do when your income goes up significantly. Find out how to find new was to defer or deduct expenses, find new opportunities for even more income and how to protect everything you’ve worked towards.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
2023-03-1330 minIt's Personal Finance CanadaShould You Prepay Your Rental Property’s Mortgage?Hey Margaret from the Facebook page… this one’s for you! This week we tackle the age-old question about mortgage pre-payments but with a twist. How does your strategy change between being a homeowner versus being a landlord, is it better to be debt-free or tax advantageous?
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
Useful Resou...
2023-03-0625 minIt's Personal Finance CanadaThe Dark Side of Frugal LivingThe less you spend the happier you are, or is it the more you spend the happier you are? This week we talk about the dark side of frugal living and the trappings of the FOMO movement, aka the fear of missing out on things, experiences or just falling behind your peers and neighbours. Learn how to determine what is truly important in your life and how to best manage your spending.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2023-02-2728 minIt's Personal Finance CanadaNo Spend ChallengeWe’re not going to charge it, no we ain’t going to charge it, we’re not going to charge it anymore! This week we talk about how to prepare for a 7 day no spend challenge so you can take back control of your finances. Be it the everyday things you spend money on or on the little things you have forgotten about that are lurking on your credit card statement.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2023-02-2032 minIt's Personal Finance CanadaMaking the Most of RRSP's in 2023RRSP season is upon us which means its your last chance to go over your taxes and monkey with the numbers in a totally legal way. Wait, what? This week we go over what you need to know to make the most of your RRSP contributions, or lack there of in 2023.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
Useful Resources:
TaxTips.ca https://www.taxtips.ca/taxrates/on.htm
2023-02-1328 minIt's Personal Finance CanadaThe Battle Between Stress, Time and FinancesSociety has created an environment where people are chronically overstressed. This week we take a look at Cary Nieuwhof’s book “At Your Best,” and find out how to better manage and maximize our time so that the weight of stress is lifted off our shoulders by learning learn how to best use the hours in our day.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https...
2023-02-0634 minIt's Personal Finance Canada2023 Market OutlookWith 2023 in full swing that means we’ve been inundated by mountains of opinions, charts and predictions on how the economy in 2023 will fair. So this week we wade through all of the information we've been receiving and distill it down to something usable for you. We will cover the expectations facing the bonds and stocks found in your funds and portfolio’s and how we feel the coming recession will impact Canadians, spoiler alert: less doom and more gloom!
If you live in British Columbia, let us help you take care of the peop...
2023-01-3041 minIt's Personal Finance CanadaHow to Lie with StatisticsThirty Helen’s agree 57.6% of the time that the average Canadian misunderstands their finances 40% of the time, so it’s best to order a new credit card to make life easier. Wait what are we talking about again, oh, that’s right. This week we talk about Darrell Huff’s classic book, “How to Lie with Statistics.” Learn how to better protect your wallet by understanding all of the tricks of the marketing trade used to influence your decision making and to accept what they say as cold hard facts.
If you live in British Colu...
2023-01-2330 minIt's Personal Finance CanadaMastering Your MortgageWe have a love hate relationship with mortgages, they allow us to buy a house (or 4), but they hang over us like a dark cloud of interest payments and a 20+ year obligation. This week we talk about the in's and out's of mortgages in this already crazy time of 2023. Is fixed or variable better? What is amortization, how does it impact your finances and so much more.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep t...
2023-01-1629 minIt's Personal Finance CanadaThe Do's and Don'ts of New Years ResolutionsWe're back for another year of podcasting about personal finance in Canada! This week we have our gratuitous talk about New Year's resolutions and how they can actually work and become a positive impact in your life and finances. Learn how to prioritize your goals, deal with the post-Christmas credit card shock and other tips to help you start the year 2023 off right.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page a...
2023-01-0927 minIt's Personal Finance CanadaSantanomicsIt’s our last episode of 2022 and this week we talk all about Christmas spending in Canada! That’s right we go over where your hard earned dollars go each holiday season and what experts are predicting for this year. We also go over the true meaning of Christmas, presents, or rather how we are buying less of them and spending more time with those we love, bad for the economy but good for the heart.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-12-1926 minIt's Personal Finance CanadaGetting Your Finances Ready for 2023This week we go through the topics that come up most often with our clients this time of year. That’s right its time for holiday cheer, tax loss selling, RRSP top ups, Christmas shopping, TFSA contribution room increases and so many other jolly year end matters that we need to tie up with a bow before 2023 comes rolling in.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and...
2022-12-1229 minIt's Personal Finance CanadaWhen is Enough, Enough?Enough is enough, or is it not enough?!? This week we trek through "The Psychology of Money" by Morgan Housel and talk about how we were raised around money impacts our future, determining the filters we use to determine what is enough money or happiness in our lives and how what we want changes as time goes on.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: h...
2022-12-0524 minIt's Personal Finance CanadaThe Big Debt CycleIt's our one-year anniversary episode. This week we dig deep into Ray Dalio's understanding of the Big Debt Cycle and find out how learning from the past can help us prepare for the future, or really the present the way things are going right now. We tackle the good days, the mad rush to by "anything" others tell us to, the peak and on through to the depression, fiscal intervention and how we can get back to a sense of economic normalcy once again, all with our own patented* Canadian perspective.
If you live in British Columbia...
2022-11-2838 minIt's Personal Finance CanadaWhat Will the Bank of Canada Do Next?This week we talk all about the Bank of Canada and how it makes the big decisions which impact your life. From monetary policy, interest rates to inflation protection we peel back the curtain of mystery and see how the great fiscal machine actually operates.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada
Useful Resources:
Bank of C...
2022-11-2128 minIt's Personal Finance CanadaThe Power of HabitsOur life is the culmination of the habits that we adopt. This week we talk about the power of habits and how they can shape not only your life but your financial future as well. Drawing from Christine's "Why is this baby still up at 4am book club," we look into the advice from "The Power of Habit" by Charles Duhigg and "Atomic Habits" by James Clear and see how they can help us.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
K...
2022-11-1424 minIt's Personal Finance CanadaThe Tension Between Today and TomorrowChristine's "Why is this baby still up at 4am Book Club" continues as she delves into the Millionaire Next Door by Thomas J. Stanley. This week we talk about how often the rich don't use their wealth to impress others but instead fulfill their goal of personal financial freedom. It is the little things we do and don't do that help us follow the author's seven common denominators among those who've successfully built their own wealth and financial freedom.
If you live in British Columbia, let us help you take care of the people you love and v...
2022-11-0632 minIt's Personal Finance CanadaIs "Rich Dad Poor Dad" Still Relevant?It's time for another edition of Christine's "Why is this baby still up at 4am Book Club." This week we review the core concepts of the personal finance classic "Rich Dad Poor Dad" by Robert Kiyosak. We see if these ideas can still work for you today and how find out how much of the book is applicable for Canadians.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-10-3132 minIt's Personal Finance CanadaBetter Understanding Group RRSP'sThis week we talk about all of the in's and out's of having a Group RRSP plan and how it can benefit you and your retirement. Everything from qualification, matched contributions and how employers can use then to better support their staff is covered, along with a few cautions to be aware of. But fear not as we pull back the cloak of mystery surrounding Group RRSP’s.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-10-2438 minIt's Personal Finance CanadaInvest Like the Greats Part 2This week we continue our look into different investment styles and the most famous investors behind them. Everything from Contrarian, Growth and Adaptive investing are looked at along with how they have been successful. We then cap it off by talking about how you can determine which style (or combination of) could be best for you.
If you want to join Christine's "Why is this baby still up at 4am Book Club" you can follow along by reading "Principles of Dealing With the Changing World Order" BY Ray Dalio!
If you live in British Columbia...
2022-10-1734 minIt's Personal Finance CanadaInvest Like the Greats Part 1Over the years different people have develope different approaches to investing, but all of them have one goal, to help you get the most out of your money. This week we take our first of two looks into some the the most popluar investors in the past century and understand how their varied stragegies helped them become successful, and how thier underlying ideas can help us today.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-10-0926 minIt's Personal Finance CanadaThe Secret Ingredient of InvestingThe concept of Capital Appreciation is one that tends to be overlooked for many other "flashy" signposts in the investing world but it has a dramatic impact on whether or not you will actually grow your money. This week we talk about the impact of capital appreciation on your investmetns, be it stocks, funds, real esate or even small business ownership and how you can make sure you are getting a good return for your money.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-10-0336 minIt's Personal Finance CanadaWe Didn't Start the FIRE.... MovementThe desire for freedom, flexibility and financial independence is greater than ever and it shows no signs of stopping while the world keep turning. This week we talk all about FIRE Movement aka the Financially Independent and Retire Early Movement see how these philosophies can help us manage not only our personal finances but how we live our everyday lives.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-09-2635 minIt's Personal Finance CanadaWhat is Your Retirement Number?Is your retirement number an age, the number on your ivnestment statment or something else? This week we talk about all of the moving parts that go into determining your retirement number and how Chrisinte helps her clients find their happy number. This isn't a one time calculation as the stock marketn inflation and a host of other factors will impact your comfort during retirement
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
FP Canada Projection Assumption Guidelines...
2022-09-1936 minIt's Personal Finance CanadaMaking the Most out of Your Career PathYour income is the most important number in your budget – all of your lifestyle, ability to achieve goals stems from it. This week we talk about how your career is the most important part of your budget and how you can maximize it to better your finances and personal life.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-09-1232 minIt's Personal Finance CanadaThe Conflict Between Goals and LifestyleYou wouldn't think that goals and lifestyle could be at odds in your life, but when your goals and lifestyle disagree with each other you'll find yourself stuck in life. This week we talk about the balance needed between our short-term goals and our overall lifestyle that we are trying to cultivate. We also talk about how both goals and lifestyle can work with and against each other is we don't know what we truly want in life.
If you live in British Columbia, let us help you take care of the people you love and visit...
2022-09-0531 minIt's Personal Finance CanadaThe True Cost of DivorceOver 40% of Canadian couples get divorced, and money issues are the leading cause. This week we talk about the true cost of divorce and what happenes when irreconcilable financial differences drive people apart. Everything from child support to seperating assets, it all has a long term cost on your financial future.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
BMO's 2014 survey on Divorce in Canada: https://globalnews.ca/news/1144095/top-reason-for-divorce-money-says-bmo-poll/
Federal Child Support Calculator: https://www.j...
2022-08-2927 minIt's Personal Finance CanadaHow To Be a Smart RenterRenting is becoming harder, more expensive and for many people their only option. This week we talk go over some tips you help you through all stages of this process. Making the right decisions is key as housing for many is the biggest part of their monthly budget.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
Info on tencancy agreements from the BC Government: https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/starting-a-tenancy/tenancy-agreements
Sample T...
2022-08-2234 minIt's Personal Finance CanadaWhat Happens to Your Assets After You Die?This week we follow up our talk on wills and go into detail about how a person's assets are transfered after they die. How property, investments money and other items ends up in the hands of those your love can be complicated but we unpack things so you can better understand how to structure your assets today so that more gets transfered to others later.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
BC- WESA info: https://www...
2022-08-1537 minIt's Personal Finance CanadaWills in CanadaDon't be one of the 50% of Canadians who don't have a will and leave their fortunes in the hands of the courts. This week we talk about the reasons you need a will so you can continue to take care of the people you love even when you're gone.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
- Link to estate law resources by province https://www.canada.ca/en/financial-consumer-agency/services/estate-planning/resources-estate-law.html
- T...
2022-08-0829 minIt's Personal Finance CanadaThe Psychology of SpendingOur goals are often sacrificed to our desires. This week we talk about the power that spending can have on our lives and how it can derail our dreams for our future and our goals in general. Learn how shopping is used to squeeze happiness out of our lives which feel more and more out of control, and what we can do about it.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
Forbes article about how happiness being...
2022-08-0133 minIt's Personal Finance CanadaInvestment Ideas For the Current MarketThis week we go over some of the top options available to invest in during this down market, ranked from highest risk options like stocks to lowest risk like GIC"s with a little surprise in the middle. Plus Cameron talks about why paying attention to a stocks Beta is so important in how you value stocks and funds and why so many people miss out on big gains when they don't.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
2022-07-2531 minIt's Personal Finance CanadaWhat We Can Learn From Previous Market CrashesWhat has happened will happen again. Bull and Bear markets come and go but it is important to study and understand the Bear markets and crashes so we don't make mistakes the next time they come around.
This week we go over some the of the biggest North American stock market crashes and find out what triggered them, how the recovered and who those lessons can apply to today's Bear Market so you can protect and grow your investments.
If you live in British Columbia, let us help you take care of the people you l...
2022-07-1837 minIt's Personal Finance CanadaProtecting Your Finances with a Power of AttorneyWhat happens when you are no longer able to manage your finances? This is where a Power of Attorney comes into play. This week we talk about what this power is, how to choose a representative and how to structure it in a way which will help you live more comfortably and be able to take care of those you love better.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
Governmetn of Canada Report: "What every older Canadian sh...
2022-07-1133 minIt's Personal Finance CanadaWhat You Need to Know About Intergenerational Wealth TransfersEconomists say that over the next four years over a Trillion dollars will be moved from parents to kids in Canada. If you're lookling to better understand how to get money to your kids or are looking to start a conversation with family members then this weeks episode can help get that informed dialogue going and understand the benefits and limitations of estate planning.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
Macleans's article on intergenerational wealth transfers: h...
2022-07-0434 minIt's Personal Finance CanadaHow Your Advisor Should be Choosing Your InvestmentsThis week we talk about how your financial planner or advisor should be deciding which funds are the best fit for you. We cover all the ins and outs and everything you need to be aware of as you prepare to put your hard earned money to work with the right person. From KYP to KYC, sales charges, fund composition and everything in between we take away the mystery of investing with an advisor.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-06-2738 minIt's Personal Finance CanadaWhat to Expect in Your First Meeting With a Financial PlannerThis week we give you an inside look at what goes on inside your first meeting with a financial planner. We go over the different desiganations and what they mean for you so you can make sure the person you're talking to is actually qualified. We then cover many of the best questions you can ask to determine if they are really the best fit for you and your family. There's also tips about proper expectations, governemnt regulations, industry protocols and sales practices you need to be aware of to ensure you're getting the best service possible.
...
2022-06-1933 minIt's Personal Finance CanadaWhich Investment Account Type Do I Use?Today there seems to be all kinds of options when it comes to investment accounts. But knowing which one will benefit you the most isn't always obvious. Today we get a refresher on RRSP's and TFSA's but we also delve deep in to what a Non-Registered account is and when it's a good time to use one. Finally we talk about how you can maximize your savings and tax bill by using a combination of these different account types.
If you live in British Columbia, let us help you take care of the people you love and...
2022-06-1341 minIt's Personal Finance CanadaDoes More Money Make You Happy?This week we go deep into our motivations behind making more money and find out if the true cost of "success" is worth it. From recent sociological, economic and goverment studies we find out if it's really worth working yourself to the extreme in order to have more money.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
-Stats Can study on sources of stress: https://www150.statcan.gc.ca/n1/pub/11-627-m/contest/finalists-finalistes_2-eng.htm
...
2022-06-0638 minIt's Personal Finance CanadaWill Rising Carbon Prices Change Your Buying BehaviourCarbon Prices are going up! This week we talk about what Canadian Carbon Taxes meant to you and how you need to start preparing. What is the tax, how it's trying to change you behavior and how the choice for change is evaporating before us while we also stare down the barrel of a recession.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Useful Resources:
Fraser Institute - Estimated Impacts of a $170 Carbon Tax in Canada: https://www.fraserinstitute.org/si...
2022-05-3029 minIt's Personal Finance Canada8 Tips to Help You Succeed FinanciallyThis week we tackle many examples of conventional wisdom and try to offer eight financial tips that will actually help you right now. Everything from education, job oppertunities, buying habits, and savings get put to the test to see what still bears proverbial fruit in 2022.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-05-2336 minIt's Personal Finance CanadaQ2 2022 Market Outlook: Prepping for a Mini-RecessionIt's been a rough start to the markets in 2022, and high inflation and rising interest rates aren't making things any better. This week we take you behind the curtain for a look at what is happening behind the scenes with carriers and fund managers and how you can ask your financial planner the right questions about your investments.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-05-1629 minIt's Personal Finance CanadaFinancial Literacy for KidsIt's Mothers Day (on the day we recorded) so what better time to learn about how to teach your kids about good financial management and decision making. From allowances, budgeting, credit and more we discuss topics worth talking with your kids about.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-05-0930 minIt's Personal Finance CanadaHow to Protect Your Retirement in a Down MarketThis week we test out the so called "tried and true" 4% and see if it still applies to the 21st Century. That's right we discuss the The 4% withdrawal rule, sequence of returns and retiring in a down market like the one we're in right now.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-05-0234 minIt's Personal Finance CanadaThe Impact of Changing interest Rates on YouThis week we talk about the true cost of rising interest rates and how it will impact you and your budget. Rates are going up so you need to get ready now to secure your financial future.
As a bonus we also explain how the Bank of Canada and the Federal Government are able to make money appear out of thin air and why that is contributing to the rising cost of living.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
...
2022-04-2537 minIt's Personal Finance CanadaGetting the Most out of Your 2022 Tax ReturnThis week we offer a flurry of tax tips just in time for your 2022 filling, to help you get more of the deductions and credits that you ma be entitled to.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
Link mentioned in the episode:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses.html
2022-04-1827 minIt's Personal Finance CanadaHow the Federal 2022 Budget Affects YouThis week we breakdown the key points of Budget 2022 which will impact your personal finance decisions for the rest of the year. We'll cover changes to housing affordabilty, new programs and how it's all going to be paid for.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-04-1134 minIt's Personal Finance CanadaThe Daycare DilemmaHaving a family is a big financial responsibility but knowing whether or not to stay home with the kids is a difficult choice, especially today. This week we talk fomr our own experience of weighing the financial pro's and con's of childcare and how those choices impact your finances.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-04-0430 minIt's Personal Finance CanadaWhat are Actively Managed Investments and How to Pick OneThis week we discuss good and the bad about active investmetns and if paying fund managers and MER's is worth your investment Dollars. We also tackle what to look out for when choosiing an active investment option for yourself.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-03-2842 minIt's Personal Finance CanadaUnderstanding Stock IndexesInvesting can be complicated so many people choose to follow the "indexes" to make theri lives less complicated. This week we talk about what these main North American indexes are and how they can help you reach your financial goals.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-03-2031 minIt's Personal Finance CanadaOur Story - and how it impacts our views on personal financeThis week we put the "personal" in It's Personal Finance Canada, as we go over our own story of how we got to where we are today. Learn how our experiences have shaped our views of personal finance and how try to help others through our own life lessons.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-03-1436 minIt's Personal Finance CanadaLiving off Your Retirement SavingsThis week Christine goes over the key questions you need to ask yourself about sustaining yourself during retirement. Learn the ins and outs of different investment strategies and whay you need to be on the look out for in you golden years so they don't turn into your rusted years.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-03-0735 minIt's Personal Finance CanadaHow Much Do I Need to Save for RetirementWhat are the three pillars of your retirement and how much do you need to stock up to live comfortably in retirement? This week Christine helps you understand how a successful retirement package is built and how you can impliment it into your own life.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-02-2835 minIt's Personal Finance CanadaThe Simple BudgetBudgeting doesn't have to be a painful or depressing experience. Leanr how Christine manages her own finances with her Simple Budget process which will help you getyour finances in order in only a few minutes each pay period.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-02-2133 minIt's Personal Finance CanadaWhy I Lost Faith in the Bank of CanadaInflation is hitting everyone hard these days and there seems to be no relief in sight. Learn today about the role of the Bank of Canada and how it impacts your wallet, ability to pay for groceries and if you could ever buy a house.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-02-1436 minIt's Personal Finance CanadaIs it Worth Doing a Side Hustle in 2022?This week we look at all of the in's and out's that can impact your decision to start you own side hustle 2022. Find out what lies beneath all of the corporate bells and whistles and prepare yourself to somehting that'll be profitable in every area of your life.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-02-0731 minIt's Personal Finance CanadaHow to Get Free Money with an RESPThis week Christine talks about all of the hidden advantages of opening up an RESP for your kids at a young age. Here's a hint, do it right and get free money put into it every year.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-01-3141 minIt's Personal Finance CanadaHow To Lower Your Tax Bill with an RRSPThis week we get into the nitty gritty of how an RRSP can help you defer taxes and put more money in your pocket today and in the future.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-01-2439 minIt's Personal Finance CanadaBreaking Down the Q1 2022 Market OutlookGo behind the scenes and get the scoop about what insiders are saying about the market outlook in early 2022. Prepare yourself as both a consumer and an investor and learn how to thrive in this coming season.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2022-01-1632 minIt's Personal Finance CanadaEverything You Wanted to Know About RRSP's and TFSA'sThis week Christine talks about all of the benefits and hidden gems you need to know about RRSP's and TFSA's. Learn how to lower your tax bill, prepare for retirement and make the most of your investments.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2021-12-2036 minIt's Personal Finance CanadaYear End Tax Planning and New Year GoalsThis week we talk about personal finance tips to get you ready for the upcoming year and help you to avoid any tax surprises which may be lurking in the early months of 2022.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2021-12-1327 minIt's Personal Finance CanadaCanada's Housing Affordability CrisisIn today's episode we take a loot at Canada's housing affordability crisis and talk about how interest rates, the bank of Canada and desirability are feeding this staggering growth of real estate prices.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2021-12-0637 minIt's Personal Finance CanadaHow to Protect Your Finances Through Aging and Critical IllnessIn part two of our look at living benefits we discuss how Critical Illness Insurance and Long Term Care insurance can help you protect your family from unexpected illness and life altering conditions without leaving you bankrupt.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2021-11-2939 minIt's Personal Finance CanadaHow to Become Unstoppable with Disability InsuranceLife is chaotic and unpredictable but there are ways to protect your family and your income. Learn today how to become unstoppable though the power of disability insurance and how it can help you take care of the people you love.
2021-11-2247 minIt's Personal Finance CanadaThe Debt-Free LifestyleIt can be daunting to tackle your own personal finances but learning how is actually easier than you realize. Join us in our debut episode where Christine lays out many of the lessons she’s learned as the owner of a financial planning firm where she helps average Canadians just like yourself.
If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com
2021-11-1331 min
The Power of YouThe Power of You meets Brian ConwayThis week I am joined by the friendly, calm and collected Brian Conway, a radio broadcaster and solicitor. Brian shares his journey to date through career highs and lows. Brian expresses how he felt that up until recently something was missing in his life. This missing piece was Habits! Yes Habits! We explore what habits are, why we have habits, what they mean and what their overall purpose is! Our lives are a collection of habits some may say and therefore we can change our lives if we change our habits. I feel this is a podcast ma...
2021-05-0755 min