Nov 30, 2019
Over 600 big name store locations have closed in Canada in the last three years, resulting in over 17,000 lost jobs, and that doesn’t include hundreds more small stores that have shut down. Is this just the impact of Amazon, or is there something deeper happening? And what does this mean for the Canadian economy...
Nov 23, 2019
The Sunk Cost Fallacy is easy to understand: you’ve spent the money, it’s gone, but you keep on doing what you’re doing, whether or not it makes sense, because you’ve spent the money.
You go to a restaurant and eat every morsel of food on your plate, whether you are full or not, because you’ve spent...
Nov 16, 2019
On today’s podcast we’ve got two hockey parents: Kristen Kral, a credit counsellor in our Brantford office, and Rebecca Martyn, our Windsor trustee, who give their thoughts on how to save money on kid’s sports (particularly hockey).
Enjoy!
Nov 9, 2019
It’s amazing how many of my client are confused about the difference between a TFSA and an RRSP, so today Ian Martin and I go through the basics.
But isn’t this a podcast about debt?
Yes it is, so we also discuss what happens to a TFSA or RRSP if you go bankrupt, and we discuss which savings vehicle is best once you...
Nov 2, 2019
It’s the start of Financial Literacy Month in Canada, so instead of following the crowd and telling you to make a budget (which is the most common suggestion you will hear this month), I will go a different route and tell you a story about a 20 dollar bill.
A fable, as it were.
Enjoy!