May 29, 2021

Making the minimum payment on your credit card can make you believe your debt is manageable. But the reality is, minimum payments will keep you in debt forever. On today’s podcast, guest and Certified Credit Counsellor Diane Cunha explains the ‘lie’ behind minimum payments and why people fall into the trap....

May 22, 2021

There are a lot of misconceptions about why someone files for bankruptcy in Canada. Did they spend too much? Were they reckless or irresponsible? The truth is debt problems can happen to anyone at any time and when they least expect it. On today’s podcast, Doug Hoyes and guest Ted Michalos share stories and dig deep...

May 15, 2021

Is there any point in teaching a kid in Grade 10 mortgage amortizations?  And if you as a parent aren't a money expert, isn't it counter productive for you to try to explain money to your kid?

Robin Taub is a Chartered Professional Accountant and author of the just released book The Wisest Investment: Teaching Your Kids...

May 8, 2021

Should you put all of your savings at risk in the stock market to earn enough for a down payment on a house?  Probably not. Danielle Park, lawyer, and wealth manager explains why some financial advice is "heinous", how to recognize bad financial advice, and why you should think critically about the financial advice we...

May 1, 2021

We worry about inflation, but the technology we increasingly use is deflationary.  Hard to believe, but that's why most of the apps on your phone are free. Deflation is great if you can buy things for less, but debt doesn't deflate, so you could end up with much higher debt costs in real dollars.  On today's...