It's Personal Finance Canada
Episodes
Why You Can't Get Ahead
08 Sep 2025
Contributed by Lukas
This week we want to look at how to build wealth, even when you don’t have any to start with. How to get out of survival mode, better understanding ...
What Should Your Savings Rate Be?
18 Aug 2025
Contributed by Lukas
This week tackle the concept of savings rate and see what rate could be best for you. Plus we talk about how ability, willingness and time are the big...
Behavioural Economics and You
04 Aug 2025
Contributed by Lukas
I’m just a strong and independent person that simply does what others tell me. This week we explore the book “Nudge – The Final Edition” by Ri...
Maintaining FIRE
21 Jul 2025
Contributed by Lukas
Why read something when you can just misquote it instead. This week we delve into the holy document of the FIRE movement, the Trinity study. What does...
Reviewing Suze Orman’s Retirement Guide
07 Jul 2025
Contributed by Lukas
This week we talk about a popular personal finance book Christine actually liked, “The Ultimate Retirement Guide for 50+” by Suze Orman. We lay ou...
Why You Need Insurance
23 Jun 2025
Contributed by Lukas
This week we talk about the ins and outs of health and life insurance and see how we can pre-pay today to solves tomorrow's problems. What is Disa...
Unorthodox Money Saving Tips
16 Jun 2025
Contributed by Lukas
This week we track down some odd but helpful money\ saving tips to help out with your day to day spending. Everything from finding things for free, ma...
Mastering Procrastination
09 Jun 2025
Contributed by Lukas
I have a bad habit of putting the “pro” in procrastination. This week we talk about “The Procrastination Equation” by Piers Steel and see how ...
Why You Don’t Save For Retirement
02 Jun 2025
Contributed by Lukas
This week we take a look at the work of Gary Selnow and see the top reasons people don’t save for retirement. Problems such as lack of instant grati...
What To Do With Found Money
26 May 2025
Contributed by Lukas
This week we find out how to take advantage of the money you got back from the government. What strategy is best depending on your income, how to bala...
Advice That Sounds Good But Can Go Bad
19 May 2025
Contributed by Lukas
This week we talk about two common financial advice tips that if not done properly can leave you in a worse position than when you started. That’s r...
Tidying Up Your Finances
12 May 2025
Contributed by Lukas
This week we search for joy in the philosophy of Marie Kondo's book "The Life Changing Magic Of Tidying Up" and see how to set our finan...
Dealing With Debt
05 May 2025
Contributed by Lukas
Knock, knock. Who’s there? Later. Later who? “Buy now pay later” that’s who! This week we come face to face with the everyone’s favorite fre...
Money and Stress in 2025
28 Apr 2025
Contributed by Lukas
This week we break down the “Financial Stress Index 2025” published by FP Canada. Get a clear picture of how poorly so many of us are doing and ho...
The “Seven Habits” and Personal Finance Part 2
21 Apr 2025
Contributed by Lukas
Who’d a though personal finance is just personal development with budgeting? This week we continue our look at “The Seven Habits Of Highly Effecti...
The “7 Habits” and Personal Finance
14 Apr 2025
Contributed by Lukas
This week Christine talks about Stephen Covey’s book “The Seven Habits Of Highly Effective People,” and finds a way to apply it to our personal ...
The Employee Handbook
07 Apr 2025
Contributed by Lukas
Excuse me, I believe you have my stapler. This week we help you become a better and hopefully higher paid employee. What do bosses want, how to stand ...
The Entrepreneurial Handbook
31 Mar 2025
Contributed by Lukas
When you’re at the top there’s no one left to blame. This week we go over some key concepts to better help you run a small business. Everything fr...
Popular Advice That Can Lead You Astray
24 Mar 2025
Contributed by Lukas
If advice is popular that means it’s right… right? This week we tackle 2 popular personal finance myths that might sound like a sure thing, but wh...
The Most Valuable Thing You Can Buy
17 Mar 2025
Contributed by Lukas
Turns out the secret to happiness is painting Warhammer 40K figures and pretending the rest of the world doesn’t exist. This week we tackle the grea...
Pulling the Trigger on Retirement
10 Mar 2025
Contributed by Lukas
I’m getting too old for this… or am I? This week we talk about why people struggle to start their retirement. Concerns about the markets, what to ...
Better Understanding 60/40 Portfolios
03 Mar 2025
Contributed by Lukas
Wait if it's balanced shouldn’t it be 50/50? This week we peel back the mystery of the 60/40 “Balanced” portfolio and find out not only why ...
Is Your Ego Bankrupting You?
24 Feb 2025
Contributed by Lukas
Being rational is overrated. This week we review “Predictably Irrational: The Hidden Forces That Shape Our Decisions” by Dan Ariely and learn abou...
Taking Money Out of Your RRSP
17 Feb 2025
Contributed by Lukas
The show must go on. This week we push through the haze of sickness and talk about the little talked about parts of RRSP's, taking money out of it...
First 60 Day RRSP Contribution
10 Feb 2025
Contributed by Lukas
This week it's time once again for our obligatory RRSP season episode for 2025! Find out what you need to know to make the most of your legal tax ...
Why Is Retirement About Age?
03 Feb 2025
Contributed by Lukas
This week we tackle the idea that is less about age and more about the choices we make today to create a more stable tomorrow (is stable even an optio...
Entrepreneurs and Mental Health
27 Jan 2025
Contributed by Lukas
Turns out your boss was crazy after all. This we go over the some of the negative aspects of entrepreneurship and how it can challenge our mental heal...
Money and Emotional Regulation
20 Jan 2025
Contributed by Lukas
I’ve got a gut feeling I’m not listening to myself enough, meh, must just the pizza talking. This week we talk about the book “Anchored’ by De...
Redefining Retirement
13 Jan 2025
Contributed by Lukas
Retirement: noun, being too “tired” to deal with any of this. This week Christine goes through Tim Ferris’ The Four Hour and talks about how app...
The 5 Page Financial Plan
06 Jan 2025
Contributed by Lukas
Step 1 listen to this podcast, steps 2-4 ?, Step 5 profit. This week we talk about our new streamlined financial planning process and how it can help ...
Our Best Tips of 2024
16 Dec 2024
Contributed by Lukas
As a kid I related to “A Christmas Story” but as I get older I find myself living in “Christmas Vacation.” This week we end the year and recap...
The Power of Peer Pressure
09 Dec 2024
Contributed by Lukas
Obey… Consume… Subscribe. This week we talk about the power of following the herd and how it can impact your financial decisions. Why does your br...
2024 Year End Checklist
02 Dec 2024
Contributed by Lukas
He’s checking his list, checking it twice, gonna find out whose bankrupt or nice. Santa Clause is coming to town. This week we check our personal f...
Help For First Time Home Buyers
25 Nov 2024
Contributed by Lukas
This week we talk about the pros and cons of the First Home Savings plan and how it can work with other programs to help you buy your first major debt...
Facing Money Fears
18 Nov 2024
Contributed by Lukas
I must not fear. Fear is the wallet-killer. Fear is the little debt that brings financial obliteration. I will face my fear and I will permit it to...
How to Beat Inflation
11 Nov 2024
Contributed by Lukas
Audio now fixed. This week we give our opinion on a recent Globe & Mail article about the Fire movement and being inflation proof. The benefits of...
Bank of Canada Rate Cut
04 Nov 2024
Contributed by Lukas
What goes up must come down, except for taxes of course. This week we make sense of the most recent rate cut by Bank of Canada and what that means for...
Benefiting Beneficiaries
28 Oct 2024
Contributed by Lukas
And to my loved ones, “You get nothing, you loose, good day sir!” This week Christine shares valuable tips from a recent Estate Planning conferenc...
The 5 Worst Mistakes Investors Make
21 Oct 2024
Contributed by Lukas
When I was young I played a computer game called “Lemmings,” little did I know then, it was a documentary. This week we talk about several ways in...
Warren Buffet’s Best Tips
14 Oct 2024
Contributed by Lukas
Turns out the story of the Tortoise and the Hare was about investing all along. This week we’ve collected some of the best advice from Warren Buffet...
The Hurdles of Financial Success
07 Oct 2024
Contributed by Lukas
My commitment to change is unchanging… or is my commitment to being unchanging changing? This week we explore several of the hurdles that keep us fr...
Combining Your Finances Part 2
30 Sep 2024
Contributed by Lukas
The more we spend together, together, the more we spend together, the happier we will be! This week we conclude our two part look into combining you...
Combining Your Finances
23 Sep 2024
Contributed by Lukas
There’s no “I” in team, but there is in bills, insolvency and failure. This week we start a 2 part series on the pros and cons of combining a co...
Changes to the Canada Pension Plan
16 Sep 2024
Contributed by Lukas
I am altering the pension. Pray I don't alter it any further. This week we talk about the continued roll out of changes to the Canada Pension Pla...
Dave Ramsey’s Total Money Makeover
09 Sep 2024
Contributed by Lukas
If two people and a film crew going through my closet can fix my life, why not go through my finances like that too. This week rummage through the pro...
Retirement Expectations vs Realities
02 Sep 2024
Contributed by Lukas
Reality is fluid, ever changing, all consuming force imposing its will on the world, unstoppable in all ways, except for one weakness, our expectation...
Starting Retirement Planning Later in Life
26 Aug 2024
Contributed by Lukas
Retirement is just the culmination of all of the decisions we made during our working years…. uh oh! This week we talk about what happens when you w...
Pay Cheques and Play Cheques
19 Aug 2024
Contributed by Lukas
Retirement planning is just figuring out how to pay the bills without working. This week we take inspiration from the book “ Pay Cheques and Play Ch...
How Companies Survive Recessions
12 Aug 2024
Contributed by Lukas
I couldn’t think of a joke so I hired a consultant, now go sign up for my new joke subscription service, only $99.99 per month. This week we review ...
Musings About the Future
05 Aug 2024
Contributed by Lukas
This week Christine takes inspiration from a recent interview with economist & author of “A Map of the New Normal” Jeff Rubin and talks about ...
Key Performance Metrics in Life
29 Jul 2024
Contributed by Lukas
I quantify, therefore I am. This week we talk about how to run your life like a small business owner and understanding the Key Performance Metrics t...
The Power of Compounding
22 Jul 2024
Contributed by Lukas
Compounding, the cause of and solution to all of life's problems. This week we talk about how the concept of compounding interest can either be yo...
Leaving a Legacy
15 Jul 2024
Contributed by Lukas
Live your life in a way that no one wants to dance on your grave. This week we ask the question, “Why do I need to leave a legacy?” and figure out...
The Power of Achievable Goals
08 Jul 2024
Contributed by Lukas
The best way to achieve a goal is to just lower the bar. This week we set a goal to explain how to best achieve your goals and more importantly how to...
Why are Funds So Expensive in Canada?
01 Jul 2024
Contributed by Lukas
To make money you have to spend money, so that means the more I spend the more I make right? This week we jump into the Investo-dome for Fund-a-mania ...
Canada’s Poverty Report Card
24 Jun 2024
Contributed by Lukas
We did it bureaucrats, we saved the country from income inequality, now everyone is poor. This week we check in with several new reports on the growin...
Money and Addiction
17 Jun 2024
Contributed by Lukas
There’s only one way to truly deal with my deep emotional struggles… Shopping Spree! This week we review “In the Realm of Hungry Ghosts” by Ga...
Profiting from Debt
10 Jun 2024
Contributed by Lukas
So when do I start having debt freedom? That’s the neat part, you don’t! This week we talk about how our culture of debt is designed to keep us ...
Finding Clarity and Focus
03 Jun 2024
Contributed by Lukas
Oh God, not the verbal bees, I can’t take anymore of these buzzwords. This week we talk about clarity, priorities, leveling up and saying no along w...
When to Take Money From an RRSP
27 May 2024
Contributed by Lukas
This week we respond to a fan question about whether or not it’s a good idea to withdraw from an RRSP before age 71. We talk about strategies that c...
Breaking Down Investment Funds
20 May 2024
Contributed by Lukas
Picking a fund is like buying an apple… why are there so many of them... Gala and Fuji are different… forget it I’ll just get this green one. Th...
Money Saving Tips
13 May 2024
Contributed by Lukas
A dollar saved is a dollar that still doesn’t trust you. This week it’s another edition of financial planner confessions as Christine give you qui...
Is Retiring at 65 Outdated?
06 May 2024
Contributed by Lukas
The key to retire early is to just give up… working… everyday. This week we confront a new study which shows the changing face of retirement expec...
Hiring a Financial Planner
29 Apr 2024
Contributed by Lukas
Don’t you know DIY is the way to go with everything in life, goodbye plumbers, accountants, lawyers, and doctors, wait why am I suddenly sick, being...
Budget Blow Out 2024!
22 Apr 2024
Contributed by Lukas
"The commitment needs to be a commitment to grow the economy, and the budget will balance itself,” -Justin Trudeau, Leader of the Opposition, Februa...
2024 Tax Tips for Canadians
15 Apr 2024
Contributed by Lukas
Of course I’ve filled and paid my taxes, I did that over a year ago. This week we cover some helpful hints for this year’s tax filing season, and ...
How to Retire with Enough Money
08 Apr 2024
Contributed by Lukas
Of course I’m ready and saved up to retire, it should only cost about $1400 to get new tires on my van, oh wait that’s not what retirement means, ...
Redefining the Good Life
01 Apr 2024
Contributed by Lukas
What is the good life? “To crush your enemies, see them driven before you, and to hear the lamentations of their women.” This week we review “T...
Understanding the Business Cycle
25 Mar 2024
Contributed by Lukas
What goes up can only go higher - you have no power here laws of thermodynamics! This week we talk about the classic business cycle and show how the s...
Smoke and Mirrors
18 Mar 2024
Contributed by Lukas
If I had nickel for every time someone told me about a myth that keeps me away from more nickels, I could retire. This week we evaluate “Smoke and M...
Why Have Fixed Income Your Portfolio?
11 Mar 2024
Contributed by Lukas
Finally, it’s time for me to make money off someone else’s debt! This week we talk about all things fixed income and whether you want it in your p...
Are We in a Tech Sector Bubble?
04 Mar 2024
Contributed by Lukas
At least when the robots take over I won’t have to pick my own stocks anymore. This week we go over fresh research from Ray Dalio and see if the cur...
Changes to Taxes and Benefits in 2024
26 Feb 2024
Contributed by Lukas
The government giveth, and the government taketh away. This week we catch you up on several changes the federal government has unleashed in 2024. Chan...
Tips Before the End of RRSP Season
19 Feb 2024
Contributed by Lukas
I have altered the meaning of RRSP, pray I do not alter it any further. This week Cam makes up a new acrostic about RRSP’s, Christine goes over advi...
It Happened to Me
12 Feb 2024
Contributed by Lukas
Today is about loss, heartbreak and the idea that it won’t happen to me. Part of life is about adapting to things we wish didn’t happen and how to...
2024 Market Outlook
05 Feb 2024
Contributed by Lukas
“My investment strategy used to be with ‘it’, but then they changed what ‘it’ was. Now what I’m with isn’t ‘it’ anymore and what’s...
Simplifying Small Business
29 Jan 2024
Contributed by Lukas
Make work not profit, oh that’s where I went wrong. This week we conclude our two-part series on small business and talk about how to build a realis...
What It Takes to Run a Small Business
22 Jan 2024
Contributed by Lukas
The best way to not get laid off, is to be your own boss… I hope. This week we talk about one of the best ways to take control of your personal fina...
How Life Stages Impact Your Use of RRSPs and TFSAs
15 Jan 2024
Contributed by Lukas
This week we talk about how different stages in your life impact how you use RRSPs and TFSAs. What is strategy could be best for each age group, what ...
8 Money Mistakes to Avoid in 2024
08 Jan 2024
Contributed by Lukas
A new year, a new me, a new series of mistakes to make. This week we help you start the year off right with some of our favorite personal finance tips...
Our Best Podcast Ideas of 2023
18 Dec 2023
Contributed by Lukas
Jingle bells, budget’s broke, bills are on the way, Oh, what fun it will be, to live in a one-horse open sleigh, hey! This week we reminisce about o...
Ray Dalio’s Principles for Success
11 Dec 2023
Contributed by Lukas
“Family, religion, friendship. These are the three demons you must slay if you wish to succeed in business.” This week we talk about Ray Dalio’s...
Quick tips to End 2023 and Start 2024 Right
04 Dec 2023
Contributed by Lukas
Step:1 evaluate all of your 2023 financial decisions, Step: 2 drink coco and watch Christmas rom-com’s, Step: 3 gaze into the void, Step 4: repeat s...
Will Canadians Be More Like Santa or Scrooge This Christmas?
27 Nov 2023
Contributed by Lukas
The best way to spread Christmas Cheer, is spending loud for all to hear. This week we see how much Canadians are expected to spend over the holidays....
Saving For Your First Home in Canada
20 Nov 2023
Contributed by Lukas
Home is where the debt is. This week talk about the new First Home Savings Account (FHSA) and how your can maximize your ability to overpay for a hous...
Why is the Canadian Economy Stagnating
13 Nov 2023
Contributed by Lukas
Some of you may suffer, but it's a sacrifice I am willing to make. This week Cam gives his debriefing on a recent event he attended headlined b...
Challenging Core Beliefs
06 Nov 2023
Contributed by Lukas
Anyone have any spare change, I need to adjust my perception of reality. This week we go deeper into the concept of challenging our core beliefs about...
Simple Money By Tim Maruer
30 Oct 2023
Contributed by Lukas
People 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...
How Canadians Spend Their Money
23 Oct 2023
Contributed by Lukas
A proclamation has been sent forth from Ottawa, “don’t forget to drink more Ovaltine!” This week we break down the freshly released Survey of Ho...
Are you using the right age in your retirement projections?
16 Oct 2023
Contributed by Lukas
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 Retire...
Getting Personal With Michelle D.
09 Oct 2023
Contributed by Lukas
This week we welcome IPFC listener Michelle D. whose journey started by listening to podcasts and discovering how to live with intention. A concept th...
The Science of Decision Making
02 Oct 2023
Contributed by Lukas
If 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 ...
Unconditional Cash Transfers Reduce Homelessness
25 Sep 2023
Contributed by Lukas
So 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 “...
Money Mistakes
17 Sep 2023
Contributed by Lukas
Now 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 c...
Money Questions That Can Change Your Life
11 Sep 2023
Contributed by Lukas
Yes, 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 s...
Die with Zero
04 Sep 2023
Contributed by Lukas
We 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 ...
A Canadian’s Guide to American Personal Finance Books
28 Aug 2023
Contributed by Lukas
Now to revolutionize your finances first get out your 401k documents *throws book*. This week we tackle the biggest frustration among Canadians who re...
Money Magic
21 Aug 2023
Contributed by Lukas
And 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 “...
It's Personal - Christine's Story
14 Aug 2023
Contributed by Lukas
This 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 an...
2023 Summer Market Outlook Part 2
07 Aug 2023
Contributed by Lukas
"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...