It's Personal Finance Canada
Episodes
2023 Summer Market Outlook Part 1
31 Jul 2023
Contributed by Lukas
It’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 ...
Financial Freedom
24 Jul 2023
Contributed by Lukas
The first rule of confirmation bias club is we don’t talk about confirmation bias club. This week we dig through Grant Sabatier’s book “Financia...
Playing With FIRE part 2
16 Jul 2023
Contributed by Lukas
When 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 in...
Playing with FIRE Part 1
10 Jul 2023
Contributed by Lukas
Where 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 i...
CPP and OAS Planning
02 Jul 2023
Contributed by Lukas
It’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 everythi...
Better Understanding Debt Insolvency
25 Jun 2023
Contributed by Lukas
The 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...
The Latte Factor
19 Jun 2023
Contributed by Lukas
For 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 ...
Christine’s Personal Finance Road Map
12 Jun 2023
Contributed by Lukas
What 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...
Why Popular Budgets Don’t Work
05 Jun 2023
Contributed by Lukas
50, 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 creation...
Investment Discipline
29 May 2023
Contributed by Lukas
The 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 h...
When do you need a Financial Advisor
22 May 2023
Contributed by Lukas
In 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...
The Wisest Investment
14 May 2023
Contributed by Lukas
It’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...
What Happens when a Bank Fails?
08 May 2023
Contributed by Lukas
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. Everyth...
Not all ESG is Created Equal
01 May 2023
Contributed by Lukas
Earth! Fire! Wind! Water! Heart! By your powers combined I am Captain Dividend Yield! This week we tackle the increasingly popular ESG investment mand...
Busting the 10% Savings Myth
24 Apr 2023
Contributed by Lukas
I 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...
Dave Ramsey’s "7 Baby Steps"
17 Apr 2023
Contributed by Lukas
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 C...
Q2 2023 Market Outlook
10 Apr 2023
Contributed by Lukas
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. Thi...
Canada Budget 2023 and You
03 Apr 2023
Contributed by Lukas
This week we talk about spendapalooza 2023, aka Canada’s 2023 federal budget, everything from grocery “rebates,” green infrastructure to taxing ...
Perks of Owning A Small Business In Canada
27 Mar 2023
Contributed by Lukas
This week we talk about one of the lesser known benefits of having a Canadian corporation, the Capital Dividend Account. This little known method of t...
Millionaire Success Habits
20 Mar 2023
Contributed by Lukas
This week we talk about the book "Millionaire Success Habits" by Dean Graziosi, but get side tracked and talk about cheeseburgers, philosoph...
What to Do When You Make More Money
13 Mar 2023
Contributed by Lukas
This 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 de...
Should You Prepay Your Rental Property’s Mortgage?
06 Mar 2023
Contributed by Lukas
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. Ho...
The Dark Side of Frugal Living
27 Feb 2023
Contributed by Lukas
The 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 th...
No Spend Challenge
20 Feb 2023
Contributed by Lukas
We’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...
Making the Most of RRSP's in 2023
13 Feb 2023
Contributed by Lukas
RRSP 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 wee...
The Battle Between Stress, Time and Finances
06 Feb 2023
Contributed by Lukas
Society has created an environment where people are chronically overstressed. This week we take a look at Cary Nieuwhof’s book “At Your Best,” a...
2023 Market Outlook
30 Jan 2023
Contributed by Lukas
With 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 th...
How to Lie with Statistics
23 Jan 2023
Contributed by Lukas
Thirty 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...
Mastering Your Mortgage
16 Jan 2023
Contributed by Lukas
We 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...
The Do's and Don'ts of New Years Resolutions
09 Jan 2023
Contributed by Lukas
We'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...
Santanomics
19 Dec 2022
Contributed by Lukas
It’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...
Getting Your Finances Ready for 2023
12 Dec 2022
Contributed by Lukas
This 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 sel...
When is Enough, Enough?
05 Dec 2022
Contributed by Lukas
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...
The Big Debt Cycle
28 Nov 2022
Contributed by Lukas
It'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 p...
What Will the Bank of Canada Do Next?
21 Nov 2022
Contributed by Lukas
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 infl...
The Power of Habits
14 Nov 2022
Contributed by Lukas
Our 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 you...
The Tension Between Today and Tomorrow
06 Nov 2022
Contributed by Lukas
Christine'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 tal...
Is "Rich Dad Poor Dad" Still Relevant?
31 Oct 2022
Contributed by Lukas
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 finan...
Better Understanding Group RRSP's
24 Oct 2022
Contributed by Lukas
This 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 qualific...
Invest Like the Greats Part 2
17 Oct 2022
Contributed by Lukas
This week we continue our look into different investment styles and the most famous investors behind them. Everything from Contrarian, Growth and Adap...
Invest Like the Greats Part 1
09 Oct 2022
Contributed by Lukas
Over 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 m...
The Secret Ingredient of Investing
03 Oct 2022
Contributed by Lukas
The 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 ...
We Didn't Start the FIRE.... Movement
26 Sep 2022
Contributed by Lukas
The desire for freedom, flexibility and financial independence is greater than ever and it shows no signs of stopping while the world keep turning. Th...
What is Your Retirement Number?
19 Sep 2022
Contributed by Lukas
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 in...
Making the Most out of Your Career Path
12 Sep 2022
Contributed by Lukas
Your 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...
The Conflict Between Goals and Lifestyle
05 Sep 2022
Contributed by Lukas
You 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 your...
The True Cost of Divorce
28 Aug 2022
Contributed by Lukas
Over 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 ...
How To Be a Smart Renter
22 Aug 2022
Contributed by Lukas
Renting 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 ...
What Happens to Your Assets After You Die?
15 Aug 2022
Contributed by Lukas
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...
Wills in Canada
08 Aug 2022
Contributed by Lukas
Don'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 yo...
The Psychology of Spending
01 Aug 2022
Contributed by Lukas
Our 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 ...
Investment Ideas For the Current Market
25 Jul 2022
Contributed by Lukas
This 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 ri...
What We Can Learn From Previous Market Crashes
18 Jul 2022
Contributed by Lukas
What 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 ...
Protecting Your Finances with a Power of Attorney
11 Jul 2022
Contributed by Lukas
What 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...
What You Need to Know About Intergenerational Wealth Transfers
04 Jul 2022
Contributed by Lukas
Economists 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 under...
How Your Advisor Should be Choosing Your Investments
27 Jun 2022
Contributed by Lukas
This 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 a...
What to Expect in Your First Meeting With a Financial Planner
19 Jun 2022
Contributed by Lukas
This 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 wh...
Which Investment Account Type Do I Use?
13 Jun 2022
Contributed by Lukas
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 obviou...
Does More Money Make You Happy?
06 Jun 2022
Contributed by Lukas
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, e...
Will Rising Carbon Prices Change Your Buying Behaviour
29 May 2022
Contributed by Lukas
Carbon 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 ...
8 Tips to Help You Succeed Financially
23 May 2022
Contributed by Lukas
This week we tackle many examples of conventional wisdom and try to offer eight financial tips that will actually help you right now. Everything from ...
Q2 2022 Market Outlook: Prepping for a Mini-Recession
16 May 2022
Contributed by Lukas
It'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 be...
Financial Literacy for Kids
08 May 2022
Contributed by Lukas
It'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 makin...
How to Protect Your Retirement in a Down Market
02 May 2022
Contributed by Lukas
This 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...
The Impact of Changing interest Rates on You
25 Apr 2022
Contributed by Lukas
This 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...
Getting the Most out of Your 2022 Tax Return
18 Apr 2022
Contributed by Lukas
This 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 entitle...
How the Federal 2022 Budget Affects You
11 Apr 2022
Contributed by Lukas
This 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 t...
The Daycare Dilemma
03 Apr 2022
Contributed by Lukas
Having 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 ...
What are Actively Managed Investments and How to Pick One
28 Mar 2022
Contributed by Lukas
This 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 ...
Understanding Stock Indexes
20 Mar 2022
Contributed by Lukas
Investing can be complicated so many people choose to follow the "indexes" to make theri lives less complicated. This week we talk about what these ma...
Our Story - and how it impacts our views on personal finance
14 Mar 2022
Contributed by Lukas
This 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 experi...
Living off Your Retirement Savings
06 Mar 2022
Contributed by Lukas
This week Christine goes over the key questions you need to ask yourself about sustaining yourself during retirement. Learn the ins and outs of differ...
How Much Do I Need to Save for Retirement
28 Feb 2022
Contributed by Lukas
What 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 un...
The Simple Budget
21 Feb 2022
Contributed by Lukas
Budgeting doesn't have to be a painful or depressing experience. Leanr how Christine manages her own finances with her Simple Budget process which wil...
Why I Lost Faith in the Bank of Canada
14 Feb 2022
Contributed by Lukas
Inflation 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 im...
Is it Worth Doing a Side Hustle in 2022?
06 Feb 2022
Contributed by Lukas
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 ...
How to Get Free Money with an RESP
31 Jan 2022
Contributed by Lukas
This 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 fr...
How To Lower Your Tax Bill with an RRSP
24 Jan 2022
Contributed by Lukas
This 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 ...
Breaking Down the Q1 2022 Market Outlook
16 Jan 2022
Contributed by Lukas
Go 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 ...
Everything You Wanted to Know About RRSP's and TFSA's
20 Dec 2021
Contributed by Lukas
This 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, prepar...
Year End Tax Planning and New Year Goals
13 Dec 2021
Contributed by Lukas
This 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 t...
Canada's Housing Affordability Crisis
06 Dec 2021
Contributed by Lukas
In 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 ...
How to Protect Your Finances Through Aging and Critical Illness
29 Nov 2021
Contributed by Lukas
In 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 fro...
How to Become Unstoppable with Disability Insurance
22 Nov 2021
Contributed by Lukas
Life 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...
The Debt-Free Lifestyle
13 Nov 2021
Contributed by Lukas
It 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 Chris...