Shows
The Canadian Money RoadmapInvesting Basics Part 1 - Stocks and BondsOn this episode of the Canadian Money Roadmap, Evan describes what stocks and bonds are, why they're essential building blocks of a retirement portfolio, and how diversification and long-term holding periods reduce risk and increase the likelihood of positive returns.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial Picture Spreadsheet
2026-01-2123 minThe Canadian Money RoadmapNew Year, Same Money Mistakes? Avoid These Wealth Killers in 2026In this episode, Evan highlights three common financial mistakes to avoid in the new year while sharing practical tips to help you get ahead and retire confidently.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial Picture Spreadsheet
2026-01-0714 minThe Canadian Money RoadmapPersonal, business & podcast year in reviewIn this year-end episode, Evan pulls back the curtain on his personal finances, the launch of Cedar Point Wealth, and the growth of The Canadian Money Roadmap, sharing real numbers, lessons learned, and what’s ahead for 2026.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial Picture Spreadsheet
2025-12-2422 minThe Canadian Money RoadmapYear end financial checklist (2025)Evan shares his annual checklist of key financial tasks to consider before the year ends. Topics include maximizing your First Home Savings Account (FHSA), TFSA withdrawal timing, spousal RRSP strategies, charitable giving, capital gains/losses, mutual fund distributions, workplace benefits, and tips for staying organized. Evan also highlights useful resources to help you get your finances in order for the new year.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an up...
2025-12-1016 minThe Canadian Money RoadmapDon’t Get Ripped Off: Understanding Canadian Investment FeesMost Canadians have no idea what they’re actually paying to invest — and many are overpaying by a lot.In this episode, Evan breaks down how investment fees really work in Canada, what’s reasonable, what’s not, and how to tell if you’re paying for advice you aren’t actually getting. You’ll learn how to read MERs, Fund Facts, and trailing commissions so you can spot red flags and avoid getting ripped off.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or...
2025-11-2630 minThe Canadian Money RoadmapYour Questions Answered | Evaluating ETFs & Withdrawal OrderIn this Q&A episode of the Canadian Money Roadmap Podcast, Evan answers two listener questions:How do TD ETFs compare to other providers like Vanguard and BlackRock? Evan breaks down the differences, explains why TD funds may get less attention, and shares what to look for when evaluating ETFs for your portfolio.What’s the best order to withdraw funds in retirement? Evan discusses the factors that influence withdrawal strategies, including account types, tax implications, and personal goals🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record you...
2025-11-1919 minThe Canadian Money RoadmapYour investing strategy is late to the partyIn this episode of the Canadian Money Roadmap, we explore why chasing last year’s top-performing stocks or sectors can leave your investment strategy “late to the party.” Evan breaks down the pitfalls of following market hype—like AI, tech chips, utilities, and even nuclear power—and explains how much of the expected growth is already priced in by the time most investors notice.Learn why diversification, humility, and keeping costs low are the real keys to long-term investing success. Plus, hear research on why only a tiny fraction of stocks drive most market gains, and why trying to...
2025-10-2215 minThe Canadian Money RoadmapExpectations, Upsets, and Investing: Lessons from Baseball and the MarketIn this episode of the Canadian Money Roadmap Podcast, Evan records from his mobile studio (aka his truck) and reflects on the parallels between the Toronto Blue Jays’ unexpected playoff run and the world of investing. He discusses how both sports and markets can defy expectations, the importance of managing your emotions during winning streaks, and why it’s crucial to remember that “this too shall pass”—whether times are good or bad. Evan also touches on the value of risk management, the role of cash in your portfolio, and why speculative assets like Bitcoin and gold differ from stocks and...
2025-10-1612 minThe Canadian Money RoadmapTips for smart spendingIn this episode of the Canadian Money Roadmap Podcast, Evan Neufeld shares practical strategies for making smarter spending decisions during Amazon Prime Day and other major sales events. Learn how to spot real deals, avoid marketing tricks, and use tools like CamelCamelCamel to check price histories. Evan also discusses the value of spending money on meaningful experiences rather than just accumulating more stuff, and introduces a simple rule of thumb for deciding when to make a purchase. Tune in for actionable tips to help you get the most value from your money—on Prime Day and beyond.🌳 Conne...
2025-10-0815 minThe Canadian Money RoadmapUnpacking The $660,000 Tax NightmareIn this episode, Evan discusses a recent news story about a family facing a $660,000 tax bill after both parents passed away in the same year. He explains the tax rules around RRSPs, capital gains, and estate planning in Canada, and clarifies common misconceptions presented in the media. The episode covers the importance of understanding tax implications, planning ahead, and communicating with family about estate matters. Evan also shares practical advice on strategies like life insurance and early RRSP withdrawals.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear fr...
2025-10-0123 minThe Canadian Money RoadmapFive reasons your investment advisor isn't up to the jobIn this episode of the Canadian Money Roadmap Podcast, Evan introduces a new segment called 'Hot Takes On Hot Days,' where he critiques an article from BNN Bloomberg titled 'Five Warning Signs Your Investment Advisor is Not Up to the Job.' Evan discusses the misunderstandings and incomplete information commonly found in such articles, covering topics like portfolio performance, fees, advisor communication, and tax considerations. He emphasizes the importance of understanding risk-reward relationships, the various structures of mutual funds and ETFs, and the necessity of having an advisor who comprehends the nuances of financial planning.🌳 Connect wit...
2025-07-3019 minThe Canadian Money RoadmapEstate Planning Essentials with Aaron HectorIn this episode, Evan is joined by Aaron Hector to walk through the basics of estate planning. They cover what a will does, the role of an executor, and the importance of powers of attorney and health care directives. They also talk about probate, taxes at death, and why it’s important to keep your estate plan up to date.Aaron Hector is a senior wealth advisor, and founding partner of Calgary-based TIER Wealth, which is a partner of Q Wealth Partners. He is also the President of the Institute of Advanced Financial Planners.🌳 Connect with...
2025-07-2345 minThe Canadian Money RoadmapIt’s Not Too Early: Planning Now for a Stress-Free HolidayIn this episode, Evan provides timely financial advice on planning ahead for the upcoming Christmas and holiday season, even in the middle of summer. He suggests setting up a budget and a dedicated holiday savings account to avoid financial stress in January. Additionally, he discusses thorough vacation budgeting, sharing his own experience of how careful planning revealed a significant increase in expected costs. Evan offers practical tips, including using a vacation planner spreadsheet with currency conversion to ensure a smooth and enjoyable trip without unexpected expenses.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣...
2025-07-1707 minThe Canadian Money RoadmapThe bank is ruining their chances at retirement!In this episode of the Canadian Money Roadmap, Evan Neufeld discusses a real-life case study of a couple, Cal and Steph (**not their real names...), who were frustrated with the advice they were getting from the bank. He identifies three main issues: poor use of RRSPs, overly conservative asset allocation, and high investment fees. Evan explains how simple adjustments in these areas can significantly improve retirement outcomes🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could...
2025-07-0917 minThe Canadian Money RoadmapHow to build a $500,000 portfolioEvan marks 500,000 podcast downloads and shows how the same four habits that grew The Canadian Money Roadmap can grow a half‑million‑dollar investment portfolio:Stay consistent (not necessarily perfect)Lay a solid plan before you startAutomate the boring stuffKnow when to outsourceHear real‑life client stories, quick wins you can steal today, and why the right metrics matter more than having a big pile of cash. If you want a clear, doable path to your first $500k (and beyond), this episode is for you.🌳 Con...
2025-06-1119 minThe Canadian Money RoadmapWhat's next for Evan and this podcastBuild your Retirement Plan With EvanThis episode is an update on where I've been and where I'm going next. I'll see you very soon with new episodes!Everything But Money - Live event with Jessica Moorhouse in Saskatoon🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial Picture Spreadsheet
2025-03-2805 minThe Canadian Money RoadmapHow to not run out of money in retirementIn this episode of the Canadian Money Roadmap Podcast, Evan Neufeld discusses seven strategies to manage investment risk in your portfolio as you prepare for retirement. Topics include diversification, rules-based implementation, adding bonds, holding cash, annuities, deferring CPP, and using put options. These methods aim to help you retire with confidence while reducing the volatility and uncertainty of your investments. Remember to consult with a financial professional before making any changes to your portfolio.00:00 Introduction: Politics and Your Portfolio00:23 Seven Ways to Manage Investment Risk00:53 Diversification: Don't Put All Your...
2025-01-2914 minThe Canadian Money RoadmapYour retirement income just changed. Here's whyIn this episode, Evan Neufeld delves into how retirement income can fluctuate for Canadian retirees in 2025. Learn about the implications of converting RRSPs to RRIFs, including changes in minimum withdrawal amounts, portfolio balance changes, and withholding tax. Evan also explains the complexities of LIFs, inflation adjustments for CPP and OAS benefits, and offers practical advice to plan for these changes in your retirement income.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the p...
2025-01-0813 minThe Canadian Money RoadmapIncome tax is changing in 2025. Here's what's new and what isn't...Book an intro call with Evan Neufeld, CFP®Watch this episode on YouTubeCredit for the idea for this video goes to Aaron Hector from CWB Wealth. You can find more of his insights on X and LinkedIn: https://x.com/AaronHectorCFP https://www.linkedin.com/in/aaronhector/In this video, we discuss the recent changes announced by the Canadian government to income tax brackets and various benefits for 2025. These changes include a 2.7% increase to match inflation. While many benefits will see an increase, some elements such as the CPP...
2024-12-2312 minThe Canadian Money RoadmapFinancial Checklist To Set You Up For 2025Watch this episode on YouTubeAs the year draws to a close, Evan shares nine powerful strategies to enhance your financial health, decrease your tax liabilities, and set yourself up for future success. Whether you're retired, working, or just starting your financial journey, this episode offers valuable insights including a new update relevant for 2024. Topics covered include opening a first home savings account (FHSA), tax loss/gain harvesting, timing TFSA redemptions, charitable giving, RRSP and RESP contributions, RRIF conversions, and the benefits of a registered disability savings plan (RDSP). Tune in to ensure you're on the right f...
2024-11-2720 minThe Canadian Money Roadmap7 Tips for a Fulfilling and Purposeful RetirementWatch this episode on YouTubeIn this episode of the Canadian Money Roadmap Podcast, we explore seven actionable ideas to ensure a fun, fulfilling, and purposeful retirement. Moving beyond the financial aspects of retirement planning, Evan delves into the importance of creating structure, lifelong learning, building intentional relationships, focusing on health and wellness, giving back through service, engaging in creative pursuits, and thinking about your legacy. Through real-life examples and practical advice, this episode is designed to help you plan for a rewarding retirement experience.00:00 Introduction: Purposeful Retirement00:30 The Importance of Planning Beyond Finances
2024-11-0623 minThe Canadian Money RoadmapRetire on AutopilotWatch this episode on YouTubeIn this episode, Evan outlines three key decisions to set up your retirement on autopilot: asset allocation, choosing the right plan type like RRSP or TFSA, and deciding how much to regularly invest. Learn how to simplify your retirement investing strategy with clear, actionable steps.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial...
2024-10-2325 min
The Canadian Money RoadmapHow to calculate your retirement numberIn this episode of the Canadian Money Roadmap Podcast, Evan discusses the limitations of the '25x your expenses' rule for retirement savings. He delves into real-world considerations and personalized financial planning to realistically determine one's retirement number. Covered topics include tax implications, government benefits, retirement spending needs, and investment strategies, illustrating how these components can drastically alter retirement savings goals. The episode aims to inform listeners about personal finance beyond general guidelines, emphasizing the significance of tailored financial planning.00:00 Introduction to Calculating Your Retirement Number00:31 Welcome and Background Information01:04 Overview of the R...
2024-10-0925 minThe Canadian Money RoadmapBuilding Your Dream Retirement: Setting Targets and GoalsIn this episode of the Canadian Money Roadmap Podcast, join Evan as he discusses how to build your dream retirement on your terms. Learn about setting spending and time targets, the importance of early planning, and practical savings milestones you should aim for at different ages. Whether you're aiming for financial freedom, work optional, or traditional retirement, this episode is packed with valuable insights to help you plan effectively. Tune in to discover how to align your retirement goals with your current lifestyle and income, and ensure you retire confidently. Don't forget to subscribe for more episodes on achieving...
2024-09-1820 minThe Canadian Money RoadmapDon’t even THINK about retirement before doing these 5 thingsInvest With EvanWatch this episode on YouTubeIn today's episode of the Canadian Money Roadmap Podcast, we continue our Retirement Roadmap Series by focusing on the foundational elements necessary for a secure retirement. We discuss essential steps like ensuring consistent cash flow, getting disability and life insurance, setting up a will, and eliminating high-interest debt. We also feature a real-world analogy of the Millennium Tower in San Francisco to underline the importance of a strong foundation. Join us as we outline how to set the groundwork for a stable financial future.
2024-09-1129 minThe Canadian Money RoadmapYour kids can graduate university debt-free | Feat. Jason Yee, CEO of GrantMeWatch this episode on YouTubeIn this episode of the Canadian Money Roadmap podcast, host Evan Neufeld chats with Jason Yee, the dynamic co-founder and CEO of GrantMe. Jason shares invaluable insights on how Canadian families can navigate their way to a debt-free university education for their children. From understanding the difference between grants, bursaries, and scholarships to the strategic timing of applications, Jason covers it all. Whether you’re a parent looking to ease the financial burden of your child’s education or a student preparing for the future, this conversation is packed with actionable advice. Tune...
2024-08-2844 minThe Canadian Money RoadmapMy career path as an independent CFP® ProfessionalIn this episode of the Canadian Money Roadmap Podcast, host Evan Neufeld shares his personal journey to becoming a certified financial planner at an independent investment firm in Canada. Evan discusses his educational background, early entrepreneurial ventures, and the pivotal moments that led him to his current role. He elaborates on his experience transitioning his firm's dealer to Sterling Mutuals and explains what it means to work at an independent firm. Evan also shares insights into his business practices and his plans for the podcast and his YouTube channel over the summer.Email Evan at hello@evanneufeld...
2024-06-1227 min
The Canadian Money RoadmapRetirement Reality Check: Know Your Income NeedsIn today's episode, we're tackling one of the biggest challenges pre-retirees face: accurately calculating their retirement income needs. Many people underestimate their expenses, leading to potential shortfalls in their retirement planning.Join host Evan Neufeld as he breaks down the essential expenses you'll need to consider, including those that will remain, those that will disappear, and new ones that might arise. Evan provides practical tips and a free downloadable spreadsheet to help you categorize and estimate your spending, ensuring you have a clear roadmap to a secure retirement.🌳 Connect with Evan and Cedar Point Wealth | Ser...
2024-06-0512 minThe Canadian Money RoadmapAsk Evan: Your Financial Questions on Taxes, Investing, and RetirementIn this episode of the Canadian Money Roadmap Podcast, Evan Neufeld addresses a wide range of listener questions. Topics covered include understanding capital gains on property sales, taxation of CPP payments, investment strategies for different time horizons, setting up custodial accounts for children, and managing pensions from previous employers. Evan offers practical financial advice, discusses the importance of timeline-specific investment risk, and highlights the value of working with a financial advisor. 00:00 Welcome to the Canadian Money Roadmap Podcast01:49 Capital Gains: Understanding Taxes on Property Sales05:12 Decoding CPP Taxes: Monthly or Yearly?06:47 In...
2024-05-2924 minThe Canadian Money RoadmapCan you retire at 55 with $500,000 in Canada?Can You Retire at 55 in Canada with $500,000? Watch this episode on YouTubeIn this special Tuesday edition of the Canadian Money Roadmap Podcast, host Evan Neufeld shares the audio from his recent YouTube video discussing the feasibility of retiring with $500,000 in savings for a 55-year-old couple. He explores various factors such as spending needs, savings strategies, and the impact of deferring Canada Pension Plan (CPP) benefits to age 70. Using retirement planning software and Monte Carlo analysis, Evan evaluates the couple's retirement projections, highlights shortfalls, and suggests changes to create a successful retirement plan. Key recommendations...
2024-05-2813 minThe Canadian Money RoadmapThe Secret Ingredients of Stock Market Success**I usually keep my episode descriptions pretty minimal but this AI generated description was too flavourful to keep to myself. Enjoy.**Ever find yourself marveling at grandma's mouthwatering dishes, only to discover her "secret ingredient" was something quite unexpected? That's the essence of my snowy Saskatchewan weekend revelation: the culinary magic of MSG is akin to the world of factor investing—both can enhance the outcome in surprisingly simple ways. Hitch a ride with me, Evan Neufeld, as we stew over how a pinch of systematic factor investing can potentially spice up your portfolio. We're stirring the pot...
2024-03-0611 minThe Canadian Money RoadmapYour Investment Approach: Active vs PassiveThis is probably the factor that will have the most impact over how you see investing and how you construct your portfolio. However, listen through to the end as I explain how Passive and Active shouldn't necessarily be seen as "one or the other" and more as a grid for how you see the investing world and how you implement it for yourself.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode...
2023-01-2523 minThe Canadian Money RoadmapYour Investment Approach: Strategic or TacticalThe next step in building your own investment approach is deciding when you want to make changes to your asset allocation. Do you want to change when the market changes hoping to time the market (tactical) or do you want to maintain a steady allocation changing when your situation changes (strategic)?🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financ...
2023-01-1820 minThe Canadian Money RoadmapYour Investment Approach: Stocks and BondsThe basic mix of stocks and bonds in your portfolio is often called your asset allocation. In this episode, I'll explain why it is valuable to understand the benefits of establishing your asset allocation and how you can determine a mix that works best for you. There isn't a right or wrong mix! The best portfolio is the one that you can stick with the longest.This series will take you beyond the simplistic advice you've likely seen on the internet. It's not about making things more complicated, it's about giving you the full story so you...
2023-01-1125 minThe Canadian Money RoadmapBuilding Your Investment ApproachIn this episode, I introduce my upcoming series on developing your own investment approach. Much like the weight loss advice of "eat better and exercise", I think we can get a bit more specific on understanding an investment approach beyond "just buy an index fund". I have no problem with index funds whatsoever but this series will dig below the surface to help you understand what investment approach makes sense for you whether you work with an advisor or go with a DIY approach.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST🌳 Connect with Evan and Cedar P...
2023-01-0417 minThe Canadian Money RoadmapWhat you need to know going into 2023Thanks to all of you for listening in 2022! This year end episode covers a few things you need to know going into the new year related to TFSAs, CPP, tax bracket changes and the upcoming First Home Savings Account.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial Picture Spreadsheet
2022-12-2814 minThe Canadian Money Roadmap6 Benefits of professional financial advice with Steven Guenther, CFP®Working with a financial planner can add significant value to your financial life. However, it might not always be as cut and dry as certain commercials or media members will have you believe! Steven Guenther joins me today for an open conversation of some of the benefits of professional financial advice.Contact Steven Guenther🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your m...
2022-12-1434 minThe Canadian Money RoadmapFinancial Mistakes To Avoid In Your 30'sThere are plenty of landmines to avoid when it comes to your money but in this episode I talk about 7 critical mistakes you'll want to be aware of in your 30's.If you're in your 20's, 40's, 50's or older, these are all relevant for you as well! But the decade of your 30's comes with unique challenges and opportunities that I wanted to focus on specifically.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be...
2022-11-3022 minThe Canadian Money RoadmapAre you financially literate?November is Financial Literacy Month in Canada and this week's episode is dedicated to that! We talk about the importance and benefits of financial literacy and then walk you through a quiz to see where you'd land on the literacy scale.Of course, to help improve your financial literacy, please go back and listen to previous episodes of the podcast to learn more about the topics we discussed on this episode.🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question...
2022-11-1622 minThe Canadian Money RoadmapYour Questions Answered - November 2022Thank you for all of your questions! In this podcast I cover off a few recent ones:1. Is now a good time to buy GICs?2. Did I buy the wrong investments?3. Should I sell and wait for the dust to settle?4. What's happening with credit card fees?🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organ...
2022-11-0217 minThe Canadian Money RoadmapUsing Factors to Invest SmarterYou've likely heard of active and passive investing but factor investing is somewhere in the middle. Sometimes called "smart beta", the idea behind factor investing is isolating the specific characteristics of an investment that can lead to outperformance, lower volatility or specific outcomes compared to the market as a whole. Build your financial plan with EvanOTHER EPISODESDividend Investing🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured...
2022-10-1922 minThe Canadian Money RoadmapUnderstanding the Stock Market and IndexesThis is a foundational episode on the topic of investing. If you've ever wondered what "the market" really is or what an index is, this episode is for you. I've heard from so many people that they feel embarrassed to ask some of these questions but they want to start investing. This episode is a great place to start to build your understanding of the stock market.TOPICS IN THIS EPISODE1. What is the stock market?2. How does it work?3. What is an index?4. Which indexes are worth paying at...
2022-10-0521 minThe Canadian Money RoadmapThe Wisest Investment with Robin TaubRobin Taub joins us today to discuss her book The Wisest Investment and how we can raise money-smart kids. Jordan and I both have young kids so this topic has been on my mind recently. As financial planners, we generally focus on retirees and business owner money issues instead of teaching the next generation about money so Robin's expertise was a great resource for us.To purchase a copy of her book and to find access to all the other resources she mentions in the episode, please go to https://robintaub.com or https://www.th...
2022-09-2139 minThe Canadian Money RoadmapHow to reduce points of failure in your portfolioThere are a number of ways that an investor can get in their own way and fail to reach their goals. Today, we discuss how to reduce these single points of failure to increase your chance of investment success.Build your financial plan with EvanTOPICS IN THIS EPISODE1. Too much in any one country, sector or individual holding2. Not enough upside potential3. Speculation4. Insurance5. Spending habits🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing
2022-09-0726 minThe Canadian Money RoadmapInvesting for Good: Understanding ESG InvestingMore people are making a point of being intentional with how their money is invested. Focusing on environmental, social and governance (ESG) factors is one way that you can align your values with your investment strategy. In this episode we discuss all things ESG including some concerns and whether we think ESG is just another gimmick.Build your financial plan with EvanTOPICS IN THIS EPISODE1. What is ESG?2. Benefits of an ESG investing strategy3. Issues with ESG and whether it's just another gimmick
2022-08-2420 minThe Canadian Money RoadmapDividend InvestingEPISODE SUMMARYIn this episode, Evan and Jordan discuss dividend investing and some key items to keep in mind if this is a strategy you're wanting to consider.Build your financial plan with EvanTOPICS IN THIS EPISODE- What are dividends?- What types of companies typically pay dividends?- Key dates to keep in mind- Are dividends truly passive income?- Yield traps and understanding the risks of dividend investing.OTHER EPISODESRRSP...
2022-08-1020 minThe Canadian Money RoadmapWhat happens to your pension when you leave your job?EPISODE SUMMARYWhether you find a new job, retire or are laid off, if you have a pension or savings plan at work, you'll have to make some decisions about what to do with it.You have to know what type of plan you have, what options are available for that plan and then what makes sense for you based on your financial goals and timeline.Build your financial plan with EvanOTHER EPISODESThe Perfect RRSP StrategyIf you enjoy listening...
2022-07-2726 minThe Canadian Money RoadmapLeverage: Should you borrow money to invest?EPISODE SUMMARYMore and more people are borrowing money to invest in stocks, crypto and real estate. Should you be using leverage to do the same?Build your financial plan with Evanâś… DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE- What is leverage?- How you might be using leverage already- Why is this relevant today?- The risk and opportunity with leverage- Practical considerations before you borrow to investOTHER EPISODES
2022-07-1324 minThe Canadian Money RoadmapThe Man In The ArenaAfter two years, I think it is time to say hello and tell my story of why I started this podcast.  I've always been inspired by Teddy Roosevelt's speech about the value of being the "man in the arena" which highlights the risk takers over the critics and the people who try to create something of value despite imperfection. So starting this podcast was my version of sticking my neck out to try to bring value to people despite being a young financial planner and having no experience in audio or content production of any kind.
2022-06-2911 minThe Canadian Money RoadmapJust Keep Buying by Nick Maggulli: Review, Thoughts and Key TakeawaysEPISODE SUMMARYIn our first book review on the podcast, Jordan and Evan provide their thoughts and key takeaways from Nick Maggulli's book, Just Keep Buying.Build your financial plan with Evanâś… DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat did we like about the book?When is saving more important that the specifics of your investments?How to spend without feeling guiltyHow much to investHow much of your raise should you be sa...
2022-06-1524 minThe Canadian Money RoadmapGuide to Recessions and Bear MarketsEPISODE SUMMARYYou've likely seen headlines or articles talking about recessions or bear markets. While these things might make you nervous, I have you covered to make sure you can continue to invest smarter, reduce taxes and retire with confidence. Download the FREE PDF guide here:Guide to Recessions and Bear Markets Build your financial plan with EvanTOPICS IN THIS EPISODE3:32 - What is a recession?6:54 - What is a bear market?8:53 - Are recessions and bear markets con...
2022-06-0131 minThe Canadian Money RoadmapTax-saving strategies for making the most of your charitable giftsEPISODE SUMMARYJordan Arndt takes the lead in this episode to discuss some unique ways that you can give to charity to maximize your tax savings and maximize your charitable gifts. If you have questions for Jordan, please feel free to email him at Jordan@ennsbaxter.comBuild your financial plan with Evan✅ DOWNLOAD MY FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE1.  Donating stocks, mutual funds or ETFs2. Donor-advised funds and why they could be a better option than a per...
2022-05-1830 minThe Canadian Money RoadmapWhy you should care about rising interest ratesEPISODE SUMMARYInterest rates are going up and in this episode, Jordan Arndt and Evan discuss what that means for you and why you should care.Build your financial plan with Evan✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODESetting the stage - interest rates are rising What happens when interest rates rise How does that affect you How does that impact your investment portfolio Should you care about rising rates? RESOURCES MENTIONEDBank of Canada - Polic...
2022-05-0422 minThe Canadian Money RoadmapHow to help your kids buy a homeEPISODE SUMMARYIn this episode, Evan talks about the things you would want to consider before helping your kids with a downpayment to buy a home.âś… DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhy this is a relevant discussion in 2022 The oxygen mask principle From the parent perspective, could you help your kids? Should you help your kids? How do you help your kids OTHER EPISODES12. Buying a House Featuring Kindra Sowden 43. Should you Rent or Buy a HomeÂ
2022-04-2017 minThe Canadian Money RoadmapShould you rent or buy a home?EPISODE SUMMARYThis episode won't be able to make the decision for you, but today Evan and Jordan offer some food for thought when making the choice on whether to rent or buy. Hopefully Evan and Jordan can help you be confident in your decision. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhy this is a relevant discussion in 2022 As house prices between more expensive, what are your options What factors should you consider for renting What factors should you consider for buying How do you com...
2022-04-0622 minThe Canadian Money RoadmapStart planning for your next vacationEPISODE SUMMARYIf you're thinking about a short getaway or a longer trip to relieve your cabin fever, start planning right away.  In this episode, Jordan and Evan discuss ways that your vacation can go from a dream to a financial nightmare. The good news is that planning ahead with some of our tips will make sure that you can spend your vacation relaxing and having fun instead of worrying about your money.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEMemorable vacations Planning for a...
2022-03-2317 minThe Canadian Money RoadmapReduce your taxes with deductions and creditsEPISODE SUMMARYOn this episode we welcome back Luke Hergott, Senior Manager of tax services at EY. Luke brings a wealth of knowledge regarding tax so I would encourage you to listen to this episode prior to filing your return for this year.Build your financial plan with Evan✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEOpportunities for tax planning as an employee vs business owner Defining deductions and credits Refundable vs non-refundable credits Understanding the deductions and credits that are available for yo...
2022-03-0938 minThe Canadian Money RoadmapHow will the Russia-Ukraine conflict affect your strategy?EPISODE SUMMARYThis episode deviates from the usual cadence but is timely given the conflict emerging today between Russia and Ukraine. Evan walks through some thoughts that he shared in an email update to his clients. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODELiving, and specifically investing, in “uncertain” times How the stock market has historically reacted to wars Typical mistakes to avoid during corrections and crashes Staying informed of world events, but with contextHow you can think of the conflict in light of your investment...
2022-02-2407 minThe Canadian Money RoadmapWhy do prices keep going up?EPISODE SUMMARYInflation is the story of the day so in this episode, Jordan Arndt and Evan discuss some possible reasons why inflation is so bad right now and what we can do about it.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEInflation - how does it happenSlowing down inflation Central banks and monetary policy What can we actually do about it as investors and citizens  OTHER EPISODES27. Will you Have any Guaranteed Sources of Income in Retirement 45...
2022-02-2329 minThe Canadian Money RoadmapThe Perfect RRSP StrategyEPISODE SUMMARYIs it possible to have a perfect RRSP strategy? Well it depends.... In this episode, I'm joined by my colleague, Jordan Arndt, and we discuss the situations where an RRSP can provide the most value to you as a long-term investor.Build your financial plan with Evan✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODERRSP contribution deadline RRSP definition and details Options with your RRSP refund Determining whether the perfect RRSP strategy exists RESOURCES MENTIONED
2022-02-0921 minThe Canadian Money RoadmapDips, Corrections and CrashesEPISODE SUMMARYIn this episode, Evan discusses what might be going on in the market when you see headlines mentioning dips, corrections, crashes, or bear markets. Declines in the market happen more frequently than you’d probably think, so Evan provides tips to successfully navigate declining stock markets. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEDefining dips, corrections, crashes, and bear markets Clarifying how often these events occur and how they likely happen more often than you realizeTips to survive these types of market conditions Know th...
2022-01-2615 minThe Canadian Money Roadmap5 Steps to set up your TFSA for 2022EPISODE SUMMARYAs we start a new year, today’s episode gives you 5 steps to set up your TFSA in 2022. A new year means additional contribution room, so this is a perfect time to give this episode a listen! ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE5 steps to set up your TFSA in 2022Understanding your objective Understanding your risk profile and allocation TFSA contribution limits How a TFSA can fit into your long-term plan RESOURCES MENTIONEDVanguard Investor Questionnaire** TFSA...
2022-01-1223 minThe Canadian Money RoadmapHow can money make you happier? A conversation with Andrew Hallam EPISODE SUMMARYOn the podcast today is Andrew Hallam. Andrew is the acclaimed author of the popular personal finance books Millionaire Teacher and Millionaire Expat, but he joins me today to discuss his latest book as it relates to money and happiness. Andrew’s new book is called Balance: How to Invest and Spend for Happiness, Health and Wealth and is available on January 18, 2022.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow success, money, health and happiness are related What should we focus on Findi...
2021-12-2945 minThe Canadian Money RoadmapDo you really need to have $1M to retire?EPISODE SUMMARYIn this episode, Evan covers off some rules of thumb for saving for retirement and how to know if you’re on pace. Evan answers the question of whether you really need $1M to retire. Build your financial plan with Evan✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow much do you actually need to save for retirement What impacts your retirement savings needs Savings rule of thumbs and systemsRecommendations to make saving as easy as possible Is $1M the right am...
2021-12-1517 minThe Canadian Money RoadmapAre your investments appropriate for your retirement timeline?EPISODE SUMMARYOn this episode, Evan provides a framework to think about whether your investments are appropriate for your retirement timeline. Managing risk might mean you need to make adjustments to your portfolio as you get closer to retirement and throughout your retirement years. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEInvestment risk and reward Matching risk with your investment timeline How to manage and assess risk OTHER EPISODES26. Rebalance Your Investments 27. Will you Have any Guaranteed Sources...
2021-12-0111 minThe Canadian Money RoadmapDo you need an emergency fund in retirement?EPISODE SUMMARYWhen you're living off your savings instead of relying on employment income, the idea of an emergency fund changes a bit. Here's a quick episode with what Evan recommends!Continue to follow along through this series by downloading your copy of the retirement readiness checklist below. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEIs an emergency fund still relevant, or required, in retirement How an emergency fund fits into the context of an investment portfolio Concept of a war chest Alternative source...
2021-11-1710 minThe Canadian Money RoadmapThat other government pension plan... OAS (Old Age Security)EPISODE SUMMARYToday’s episode focuses on Old Age Security, another one of the government benefits you may receive. Evan walks through the basics of OAS, how to qualify, and how much you might receive. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow OAS works and what it is How much OAS you could receive How to qualify for OAS Items to be aware of, including OAS recovery tax RESOURCES MENTIONEDGovernment of Canada - OAS OverviewGove...
2021-11-0311 minThe Canadian Money RoadmapHow much will you get from the Canada Pension Plan?EPISODE SUMMARYToday’s episode focuses on the Canada Pension Plan. As CPP will be a component of your retirement paycheque, Evan walks you through CPP specifics and how much you might receive. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow CPP works and what it is CPP funding and contributionsHow you can find out how much you might receive Impacts to your payment based on early or late receipt of the benefitRESOURCES MENTIONEDCPP Investments My...
2021-10-2011 minThe Canadian Money RoadmapRRSP, LIRA, TFSA.... Where do you withdraw from first?EPISODE SUMMARYSpending is easy, but spending with the goal of reducing your lifetime tax bill isn't as straightforward. In this episode, Evan explains how your different plans (RRSP/RRIF, LIRA/LIF, Non-registered and TFSA) are treated from a tax perspective and how to prioritize your withdrawals to keep more money in your pocket.Grab your copy and follow along with our retirement readiness checklist series by clicking the link below. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEMaking a retirement savings withdrawal pla...
2021-10-0611 minThe Canadian Money RoadmapDo you plan to work in retirement?EPISODE SUMMARYToday’s episode continues our series highlighting the items from my retirement readiness checklist. Get your copy by downloading the checklist from the link below! Working in retirement is a bit of an oxymoron but many people choose to pick up jobs to supplement their income, stay active or even start a business in a new field entirely! You’ll want to watch out for tax and OAS clawback when earning employment income in retirement.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE...
2021-09-2210 minThe Canadian Money RoadmapWill you have any guaranteed income in retirement?EPISODE SUMMARYToday’s episode is the first in a series highlighting the items from my retirement readiness checklist. Get your copy by downloading the checklist from the link below! Having guaranteed income from a pension, annuities or government benefits can be critical to your success in retirement. These items will form your "income floor,” putting a lower bound on your lifetime income. Understanding your income floor is a good place to start when planning for a confident retirement!✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE
2021-09-0810 minThe Canadian Money RoadmapRebalance your investmentsEPISODE SUMMARYOver time your investment portfolio will move along with the market. Stocks and bonds will move at different speeds and sometimes in different directions. These investments in your portfolio won’t stay in the perfect split that you want. To keep your risk profile in check and take advantage of lower prices in other assets, rebalancing is your friend!✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat is target asset allocationWhat might lead you to need to rebalance Methods to rebalance Rebalance frequency ...
2021-08-1809 minThe Canadian Money RoadmapReduce taxes with a spousal RRSPEPISODE SUMMARYHere are a few ideas to help you contribute money to a spousal RRSP in a high tax bracket and withdraw in a low bracket in the future. In the right situation, you can drastically reduce your lifetime tax bill by using a spousal RRSP correctly. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat a spousal RRSP is Why you might want to use a spousal RRSP Examples of a spousal RRSP in action Tax savings and other considerations RESOURCES MENTIO...
2021-08-1111 minThe Canadian Money RoadmapTFSAs are great but watch out....EPISODE SUMMARYTFSAs are the best way to invest smarter and reduce taxes over the long term. But you’ll want to be careful of some of these critical pitfalls that can get you into trouble.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEQuick refresh on what a TFSA is and how it works Explanation of TFSA contribution room and how it accumulates Overcontribution rules and penalties How you can’t claim capital losses in a TFSA RESOURCES MENTIONEDGovernment...
2021-08-0409 minThe Canadian Money RoadmapInvesting vs GamblingEPISODE SUMMARYWhile some people think that investing is essentially gambling, Evan uses this episode to explain how investing is the opposite of gambling when you have time on your side.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEEvan’s thoughts on taking investing advice from the media How investing is not the same as gamblingHow long term investing is in your favour RESOURCES MENTIONEDMorningstarOTHER EPISODES17. Investing Basics Part 1 - Stocks...
2021-07-2807 minThe Canadian Money RoadmapOptimize your investments by plan typeEPISODE SUMMARYEvan and Steven are back to discuss where to invest your stocks and bonds to save as much tax as possible. If investment income is taxed in different ways (interest vs capital gains vs dividends) and each plan type (RRSP vs TFSA vs Non-Registered) creates taxable income in different ways, you need to have a plan to invest with the goal of reducing taxes over time.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEPre-tax vs after-tax returns Various types of investments accounts - TFSA...
2021-07-2112 minThe Canadian Money RoadmapStocks, Bonds or Cash? How do you decide?EPISODE SUMMARYWhen building an investment portfolio, the mix between stocks, bonds, cash and other assets is called Asset Allocation. Steven Guenther, CFP, joins me again to discuss this critical aspect of building an appropriate portfolio you can stick with for the long term.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEDefining various asset classesWhat asset allocation means Understanding how asset allocation impacts your portfolio Deciding on your asset allocation and finding the appropriate investment to matchOTHER EPISODES17. Inve...
2021-07-1412 minThe Canadian Money RoadmapUnderstanding Investment RiskEPISODE SUMMARYToday’s episode kicks off our summer series focused on the themes of investing smarter and reducing taxes. Certified Financial Planner, Steven Guenther, joins me again to discuss risk and how to think about it for your investments. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat is investment risk and how to measure it Risk of different assets and understanding risk in your portfolio Relationship between risk and return Understanding your risk capacity and risk tolerance OTHER EPISODES21. Sto...
2021-07-0712 minThe Canadian Money RoadmapThe Next Steps - Season 2 RecapThanks for listening to season 2 of the Canadian Money Roadmap! Heres a recap episode of everything we covered on the "Next Steps" season.If you have questions or ideas you'd like to see on future episodes, please send me an email at evan@ennsbaxter.com🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comment or question here and you could be featured on an upcoming episode of the podcast ✨ Get your money organized - Your Full Financial Picture Spreadsheet
2021-05-2806 minThe Canadian Money RoadmapInvesting Basics Part 3 - Mutual Funds and ETFsEPISODE SUMMARYHow can an average person buy stocks and bonds easily and make sure they are diversified in the process? Mutual funds and ETFs (exchange traded funds) can help! On today’s episode, Evan walks through these two options. The discussion isn't a recommendation of either or a head to head battle with a winner, but just compares the two investment tools and highlights some pros and cons of both. Always do your research before investing and be careful about believing everything you hear in advertising!✅ DOWNLOAD FREE RETIR...
2021-05-1412 minThe Canadian Money RoadmapInvesting Basics Part 2 - BondsEPISODE SUMMARYToday Evan dives into the investment you have heard of but probably don’t really understand. Evan provides the basics on bonds and how they might fit into your portfolio. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat are bonds How can you make money with bonds Why should you consider bonds for your portfolio OTHER EPISODES17. Investing Basics Part 1 - Stocks19. Investing Basics Part 3 - Mutual Funds and ETFs 20. Understanding Investment Risk 21. S...
2021-04-2810 minThe Canadian Money RoadmapInvesting Basics Part 1 - StocksEPISODE SUMMARYOn today's episode, Evan will be covering off some of the basics when it comes to investing in stocks.  There are no recommendations or hot stock picks here but just what you need to know before you dive into the world of investing. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEClarify key language used with stock investing Define what stocks are How do you make money with stocks What affects the price of a stock Why should you own stocks OTHER EPI...
2021-04-1412 minThe Canadian Money RoadmapRegistered Education Savings Plans featuring Steven Guenther, CFPEPISODE SUMMARYWon't somebody please think of the children?! Well, if you're thinking about saving for your kids' education, this is the podcast for you. Steven Guenther and I walk through the basics and the not-so-basics when it comes to RESPs.âś… DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEWhat an RESP is and why they exist Government incentives via grants and bondsIncentives for lower-income families Types of RESP plans Rules for RESP withdrawals What if the kids don’t go to university? Options for this scenarioÂ
2021-03-3130 minThe Canadian Money RoadmapMortgage Masterclass with Bud JorgensonEPISODE SUMMARYThis week we cover all things mortgages with Bud Jorgenson of The Mortgage Group. Bud provides lots of great nuggets of wisdom as an expert on this topic!✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow to qualify for a mortgage Types of mortgages available CMHC insuranceTips for deciding on a down payment amount…and whether 20% down always makes sense RESOURCES MENTIONEDThe Mortgage Group OTHER EPISODES3. Buying a Car 12...
2021-03-1726 minThe Canadian Money RoadmapHow to file your taxes in 2021 featuring Luke Hergott CPAEPISODE SUMMARYMy guest this week is Luke Hergott, a Chartered Professional Accountant (CPA) at EY. Luke walks us through the steps you need to take to make sure you're prepared to file your taxes for the 2020 tax year.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEPersonal tax filing deadlinesHousekeeping items to be ready to file your taxes How income tax works in Canada Practical tips for filing your taxes RESOURCES MENTIONEDCertified tax software options CRA My Acco...
2021-03-0323 minThe Canadian Money RoadmapIs an RRSP the best choice for your retirement savings?EPISODE SUMMARYIn this episode, Evan covers some of the myths and misconceptions about how RRSPs really work and how they might not be the best option for most people.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEBrief overview of how RRSPs work Myths about RRSP usage Ways to use an RRSP to your advantage RESOURCES MENTIONEDGovernment of Canada - RRSP InformationEY Tax Calculators & Rates OTHER EPISODES25. Reduce Taxes...
2021-02-1615 minThe Canadian Money RoadmapBuying a House featuring Kindra SowdenEPISODE SUMMARYIf you're looking for some tips on the home buying process, this episode is for you! Kindra Sowden is one of Saskatoon's top Realtors and she gives some great advice when it comes to making one of the biggest purchases of your life. No pressure….✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEAll things buying a house Reasons you might want to use a realtorAssembling your home purchase dream team Step-by-step process of a home purchase Ways to make sure you make a good de...
2021-02-0333 minThe Canadian Money RoadmapMoney & Marriage - From The Sask Wedding Podcast w/ Matt RamageEPISODE SUMMARYOn this week's episode, I'm actually the guest! This is an episode I recorded with Matt Ramage from the Sask Wedding Podcast where we discuss money conversations you should be having with your partner before your wedding and then as you build your lives together. Matt is a wedding and lifestyle photographer based out of Saskatoon. You can find him on instagram or on his website.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow to manage money while planning a wedding Thi...
2021-01-2044 minThe Canadian Money RoadmapUsing a TFSA like a proEPISODE SUMMARYWe’re back with Season 2 of The Canadian Money Roadmap Podcast! This episode focuses on TFSAs and will set you up to use them like a pro. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE1. TFSAs are best used for building long term wealth. Short term savings are best saved in a non-TFSA Savings account.2. You can (and should!) invest for growth within a TFSA. Here's a link to the BMO study showing nearly half of Canadians thought they could only hav...
2021-01-0612 minThe Canadian Money RoadmapYour Financial Foundations - Season 1 RecapThanks so much for listening to Season 1 of the Canadian Money Roadmap Podcast! I've had a lot of fun and I've received lots of great feedback about this season's topics so I'm excited to prep for season 2 and get that out as soon as I can.This episode is a quick summary of the first season which focuses on your financial foundations.Feel free to reach out to me at evan@ennsbaxter.com! 🌳 Connect with Evan and Cedar Point Wealth | Services and Pricing 🗣️ I want to hear from you! Record your comm...
2020-11-0403 minThe Canadian Money RoadmapDo I really need a will? An interview with Elizabeth WilliamsonEPISODE SUMMARYIn this episode, I'm joined by Elizabeth Williamson of Williamson Law in Saskatoon, SK. She provides some advice and education on the basics of wills, whether or not you should have one (hint: you do!) and some risks involved with doing an online will.**This episode features discussion and advice most relevant to residents of Saskatchewan. Always consult with a legal professional in your home province when developing your own will and estate plan.**✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE
2020-10-2122 minThe Canadian Money RoadmapStarting a Business: Interview with Alisha Esmail of Road Coffee Co.EPISODE SUMMARYToday Evan interviews Alisha Esmail, the founder of Road Coffee Co. Road is a coffee roaster based out of Saskatoon with a goal and story that goes well beyond a simple cup of coffee. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEInterview with Alisha Esmail, founder of Road Coffee Co. Finding funding to start a businessDeciding whether to take a salary as the owner Pivoting during Covid-19 to remain profitable RESOURCES MENTIONEDRoad Coffee Co. Road Coffee...
2020-10-0725 minThe Canadian Money RoadmapTax Basics and "The Next Bracket" MythEPISODE SUMMARYEvan guides you through the basics of Canadian tax and helps you understand how income tax works in our country. Evan also touches on the “next bracket myth” and helps clarify some common misunderstandings. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODETax basics Explaining a progressive tax system Understanding average vs. marginal tax rate The Next Bracket MythRESOURCES MENTIONEDEY Tax Calculator and Rates Government of Canada - Understanding Your Pay StubOTHER EPIS...
2020-09-2307 minThe Canadian Money RoadmapInsuring Your Most Valuable AssetEPISODE SUMMARYThis episode covers a basic overview of life, critical illness, and disability insurance so you can protect your most valuable asset. You! ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE1. Life Insurance: Pays tax free benefit upon death. Term vs Permanent. Aim for total coverage of Debt + 7x Income2. Critical Illness: Pays tax free benefit upon diagnosis of a covered condition.3. Disability: Pays benefit based on your inability to earn employment income. If you have benefits at work, you mig...
2020-09-0917 minThe Canadian Money RoadmapBudgeting for people who hate budgetingEPISODE SUMMARYIf you're listening to this episode, chances are that you're not a budgeter. I'm not a budgeter either! You need to know where your money is going but an automated system is going to be your best friend.âś… DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE1. If you've ever said "Ugh, I finally need to set up a budget", a strict budget might not actually be your best option. And that's okay! People's brains are wired differently but you just need to find a sy...
2020-08-2619 minThe Canadian Money RoadmapStudent Loans, Lines of Credit and How to Get Through Postgrad Debt FreeEPISODE SUMMARYEvan discusses student loans and student lines of credit before interviewing PhD candidate, Sam Derksen. Sam and Evan chat about how to get through your post grad studies without any debt. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEThis week's episode looks at getting through post secondary school:1. Student loans - Know your status as a dependent or independent and know the income reporting requires before you apply to limit the surprises of a smaller loan than you had anticipated.
2020-08-1227 minThe Canadian Money RoadmapBuying a CarEPISODE SUMMARYToday's episode focuses on buying a vehicle. Buying a car is one of the first major purchases that a person will make but you're also likely to own over 10 vehicles over the course of your life. Buying a vehicle the wrong way can get you into lots of financial trouble so this episode should give you some tips to stay on track with a vehicle you'll be happy with for a long time.**Note** this isn't a podcast of how to negotiate the best price or which vehicle to buy. I wan...
2020-07-2933 min