Because Money Podcast

Starting a New Business with Jessica Oman We're back after our holiday hiatus (so good!) with an episode designed to answer one question for all those aspiring entrepreneurs out there: what's stopping you? Join us as we pepper Renegade Planner Jessica Oman with questions about how she turns emerging entrepreneurs into confident owners, like: Why she doesn't need to take any Four Tendencies Quiz to know she's a dyed-in-the-wool rebel [02:30] How she kicks entrepreneurs out of the nest and walks them out of their fear [06:50] When to stop planning and start doing when you're paralysed by money fears [08:30] What to do if your startup dreams exceed your startup costs and how to get realistic about it [11:05] Why to start with a stand at the farmer's market instead of a restaurant [16:00] How to raise money if your own pockets aren't quite deep enough [17:00] Why $400 was enough to start two (2!) businesses [20:30] What Jessica's one piece of advice is [23:00] For full show notes please visit: http://www.beca

So everyone agrees that financial literacy in Canada could get better… but how? Now that’s something that people don’t always agree on, and that’s why Kyle Prevost is the most interesting man in Canada when it comes to financial literacy. For years people have talked about how we should ‘really be teaching this stuff in school’ but he’s the only guy we know personally that’s actually doing it! Join us for a rousing edition of Chris’ new game, Financial Literacy Trivia, and to find out how hard it really is to get financial literacy into the high school curriculum. For full show notes please visit: http://becausemoney.ca/s3-ep6-someone-should-teach-this-in-school-and-kyle-prevost-is

Sandi and John built a cool tool to compare robo-advisors across Canada, and in this show Chris asks us all sorts of questions about it. We're all pretty excited about the calculator and the fintech revolution in general, so if you've been hearing about places like Justwealth, Wealthsimple, or one of the many other companies who offer portfolio management at a fraction of the price of average Canadian mutual funds, but don't know where to start comparing them, this episode is for you. Highlights include: John's starter guide to investing (in under 5 minutes): 2:18 Is a robo-advisor a robot? 7:27 Why are the fees so low? 9:06 Is my money safe?10:33 What are the differences between the many companies in Canada? 13:10 Why build a calculator? 15:38 The 'best' robo-advisor vs the best robo-advisor FOR YOU: 18:43 How we compared all the Robo fees: 19:58 Do they offer financial planning? 27:24 Should you consider investing with one of them? 31:05 Please come and play around with the new calculator at http://autoin

We've managed to convince Season One co-host Robb Engen of Boomer and Echo (and Rewards Cards Canada) to hang out and talk about what he's been up to and draft a fantasy portfolio. No, really: we could have spent an entire episode just talking about it. Fortunately for you, our dear listeners, we did not. We thought Alberta, with its recent and rapid transition from boom to bust, might be an interesting case study at as we explore the concept of total capacity and how the choices we make to strengthen (or weaken) our personal economy might not be in step with what's going on in the wider world. Robb shares whether the kinds of questions his Alberta readers are asking now are different from the kinds of questions they've asked in more enthusiastic economic conditions, and we dig deep into how learning the hard way might be the only way some people can learn...or is it? For full show notes please visit: http://www.becausemoney.ca/s3-ep4-alberta-then-and-now-with-robb-engen/

An American in Paris (Ontario) with Julia Chung We're delighted to be joined this week by Julia Chung, CFP extraordinaire at JYC Financial, cross-border planning enthusiast, and all-round cool person. In this episode we start with a rousing game of Financial False Equivalents (spoiler alert: the IRS is always the IRS), and then start peppering Julia with questions, including: -The difference between residency and citizenship for Americans in Canada (and who decides which applies) -What you should do if this is the first you've heard of having to file taxes even if you don't live in the US anymore -What happens if you've contributed to Social Security and the Canada Pension Plan, -Whether Americans in Canada can own TFSAs (and whether they should, which might be a difference question) -Why Sandi is going to get her kids to fill out a US tax return before applying for their citizenship And - just like every episode - we take a few minutes to talk about the interesting stuff we read, watched or thought abou

Dungeons and Ratios We’re joined by erstwhile co-host Jackson Middleton for a quest deep into the dark heart of determining someone’s financial health, aided by only a few trusty ratios. We may not have a twenty-sided die, but we are going to fight over whether net worth, credit score, and the total debt service ratio can tell someone’s whole money story, or if we need to expand the questions a little. In this episode, we find out what Jackson’s been up to (hint, he recently had to decide between between a chicken coop and buffing the hallway floor), Chris plays dungeon master to three grumpy dwarves and Sandi throws the board across the room. For full show notes please visit: http://www.becausemoney.ca/s3-ep2-dungeons-ratios-jackson-middleton/

It’s a brand new season, and in our first episode we’re introducing our new co-host (Chris Enns), new on-air producer (John Robertson), and new format. That’s right, the wait is almost over: Because Money Season Three, plus all 38 episodes from Seasons One and Two, are going to be available on iTunes soon thanks to our new off-air producer MuhammadYasir Dewji. For full show notes please visit: http://www.becausemoney.ca/s3-ep1-welcome-to-season-three/

On this final episode of Because Money Season Two, we thought we’d spice it up and talk about something we don’t necessarily agree on: advertising, brand partnerships, and advertorials on personal finance blogs, and – bonus – we’re joined by Season One co-host Robb Engen. For full show notes please visit: http://www.becausemoney.ca/1003-2/

The Journey Towards Minimalism How do you deal with “stuff”? You know… the “stuff” that surrounds you… all the time. Do you have boxes of “stuff” that you haven’t looked in for 27 years but simply can’t bring yourself to get rid of? This episode is for you. This week on the Because Money podcast we are joined by the incomparable Cait Flanders as she shares her journey towards minimalism. This episode is packed with golden tidbits… you might learn how to know when it’s time to purge, or when you should keep stuff, you could learn how to evaluate need, I bet you can even learn how to effectively steal from your kids (for their own good). All you have to do is press play on that video right there, and follow along on the transcript in case the video audio quality leaves you less than impressed. For full show notes please visit: http://www.becausemoney.ca/s2-ep10-the-incomparable-cait-flanders/

Common Mistakes Entrepreneurs Make This episode we’re joined by Richard Finnie, founder of thelaunch.ca, and initiative designed to encourage collaboration with entrepreneurs. He’s no stranger to podcasting himself, since as part of thelaunch.ca he hosts his own show called — you guessed it — the Launchcast. For full show notes please visit: http://www.becausemoney.ca/941-2/

Freshbooks. This Entire Episode is About Freshbooks. Period. Although this episode was supposed to be a roundtable Brady bunch type discussion about our favourite financial apps (we did kinda get there), the first half of this episode is spent extolling the virtues of Freshbooks. So if you are a small business owner, go to freshbooks.com and support a Canadian company that is doing all kinds of things right. For full show notes please visit: http://www.becausemoney.ca/s2-ep8-heres-the-story-of-an-app-by-kerry-k-taylor/

Getting Ahead On this episode of the Because Money Podcast, we are joined by Tom Drake, white collar by day, finance blogger by night. Chances are if you have spent anytime on the internet reading personal finance blogs, you have come across something penned by Tom. In our discussion, Tom shares his “secrets”

Who Cares Who Had It Worse? Do Millennials really have it worse? Or did Boomers really grow up walking to school uphill both ways? Does it really matter? That is where the conversation started, but it’s certainly not where it ended. For full show notes please visit: http://www.becausemoney.ca/s2-ep6-chris-enns-rags-reasonable/

A Flat Fee, Customized Global Portfolio Built Specifically for Your Life Goals Have you ever thought to yourself “Self, there has to be a better way for me to invest my money than in mutual funds with investment advisors who are making a percentage of what I invest, regardless of the performance of my portfolio.” If this is you, allow us to introduce you to Randy Cass with NestWealth. Randy believes there is a better way to invest and has built a company around that belief. For full show notes please visit: http://www.becausemoney.ca/s2-ep5-randy-cass-from-nestwealth/

The Potato is Back in Town There are many books, guides, blogs, text messages, and ancient manuscripts written on the fundamentals of DIY Investing, while there is considerably less information circulating about “who” should consider building their own DIY portfolio. So we decided to tackle this head on. Consider it our contribution to the financial conversation in Canada. For full show notes please visit: http://www.becausemoney.ca/s2-ep4-who-should-diy-their-portfolio-with-john-robertson/

In this episode of the because money podcast, we are joined by Kristen “The Frugal Girl” which is super exciting because as you will see in the video, Kristen is absolutely awesome. Kristen is a voice of reason in a world where frugal can mean a lot of different things. In the time we spent with her, she was respectful and balanced and provided insight clearly gained from years of practical experience in managing her time and money well. For full show notes please visit: http://www.becausemoney.ca/s2-ep3-the-frugal-girl/

Can You Teach Business and Finance in High School? Yes. Yes you can, and these guys are here to tell us how! In episode 2 of the Because Money podcast we are joined by Jordan McFarlane and Salmaan Moolla, as we discuss teaching financial literacy and business in high school. Jordan runs the business program at Campbell Collegiate in Regina Saskatchewan, while Salmaan is a former student, having gone through the business program and is now studying business at the University of Regina. For full show notes please visit: http://www.becausemoney.ca/s2-ep2-with-jordan-mcfarlen-and-salmaan-moolla/

Welcome Back to the Because Money Podcast! We are so happy to be back, even if the term ‘we’ is loose at this point. After 27 episodes of Season 1 and an ever increasing list of todos around our homes, we decided to take a little break from recording. Well, a few months later Sandi and I are ready to go, however Robb has since picked up 74 part time writing jobs and doesn’t have enough room on his calendar to host Season 2. However… not all is lost, we expect to see Robb back as a guest in Season 2. For full show notes please visit: http://www.becausemoney.ca/s2-ep1-season-2-introduction-with-kyle-prevost/

Wealthy Rabbits with RRSPs Special Guest Robert R. Brown Robert R. Brown is a freelance personal finance writer and the author of Wealthing Like Rabbits – An Original Introduction to Personal Finance. He lives in Ajax, Ontario with his wife Belinda and their three kids Jennifer, Jessica and Christopher. Learn more about Rob by visiting www.wealthinglikerabbits.com Ahh, RRSP season – that special time when the bank PR firms trot out their annual “surveys” revealing that Canadians aren’t saving nearly enough for retirement. The solution? RRSPs, of course. In the spirit of RRSP season we’ve dedicated this episode to helping you navigate your way through what Sandi Martin affectionately calls RRSP hunting season for the banks. Hint: You’re the one being hunted. For full show notes please visit: http://www.becausemoney.ca/wealthy-rabbits-with-rrsps-ep27/

Eric, Ilsa, and Us Special guest Alexandra Macqueen Alexandra Macqueen is a Certified Financial Planner, retirement income specialist, co-author of the (soon-to-be) newly revised book Pensionize Your Nest Egg, and very gracious about usually being the smartest and most articulate person in the room (or online forum). For full show notes please visit: http://www.becausemoney.ca/eric-ilsa-and-us-ep26/