
Control and Compound with Darren Mitchell
281 episodes — Page 3 of 6
S1 Ep 178GUARANTEE Your Child Will Become a Millionaire with THIS Financial Strategy!
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode of Control and Compound, Darren and Christina are breaking down how child policies work with the infinite banking concept. They discuss exactly what the life insurance policy or policies will look like, the benefits, as well as a real life example with actual numbers! If you have kids, you don't want to miss this one! Show notes: 00:00 - Introduction 1:30 - Breaking down child policies 8:00 - Example of a child policy 14:45 - Crunching the numbers BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 177Behind the Scenes of Real Estate Land Development: The Deals, Risks & Big Wins with Carina Guzmán
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren is joined by Carina Guzmán, CEO of Creative Dev Ventures. Creative Dev Ventures is a visionary land development company, deeply rooted in Ottawa and its surrounding areas, with a rich history that has evolved in response to the ever-changing urban landscape. At the heart of their journey is a passionate commitment to redefining urban living with purpose, one community at a time The two chat about how Carina got into real estate, what led her to land development, as well as managing risk and choosing the right partners in land development deals. Tune in now! ** Recorded on October 11th, 2024 Show notes: 00:00 - Introduction to Carina Guzmán 1:55 - How did Carina get started with her real estate career which has led her to land development 7:35 - Factors that go into evaluating land for land development 11:15 - Managing risk when it comes to land development 15:20 - Choosing the right partners in land development ventures 17:10 - Typical land development deal walkthrough 25:30 - The best way to approach community engagement prior to land development 29:30 - Example of a challenging land development project 33:25 - Learn from Carina Guzmán with her Land Development Academy FIND CARINA GUZMÁN ON: INSTAGRAM: https://www.instagram.com/iamcarinaguzman/ WEBSITE: https://www.creativedevventures.com/ BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 176Trump's Continued Tariffs Threats Forces Canada to Look Inward | Provincial Trade Barriers and the Canadian Dollar
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina are back with the March update where they cover news on inflation, interest rates, the current state of the Canadian dollar given all the economic uncertainty and looming tariffs from Donald Trump and the USA. They also chat about the real estate market in Canada, stock market news and finish with some exciting announcements for Control and Compound Financial. Tune in now! Show notes: 00:00 - Introduction 00:55 - Bank of Canada update 5:35 - Canadian dollar update 7:00 - Economic news 13:35 - Stock market news 14:10 - Bitcoin news 17:20 - Real estate news 24:05 - Life insurance industry news 26:00 - Control and Compound news 30:30 - Podcast news BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 175BEYOND Infinite Banking | 5 Ways YOU Can Use High Cash Value Life Insurance
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina are breaking down five ways you can use high cash value life insurance that go beyond the infinite banking concept. These include corporate owned policies, using life insurance as an asset class, retirement and estate planning as well as an education fund for your kids. You do not want to miss this episode, tune in now! Show notes: 00:00 - Introduction 1:25 - Corporate owned high cash value life insurance 5:00 - Using high cash value life insurance as an asset class 8:20 - Retirement planning 10:50 - Estate planning 14:10 - Education funding for kids BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 174Small Business Tax Rate: What Business Owners in Canada NEED to Know!
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina break down the Canadian small business tax system, including how much business owners really pay. They discuss the small business tax deduction, what happens when your business earns over $500,000, and why tax rates vary by province. They also dive into corporate structuring strategies, the benefits of holding companies, and how to minimize taxation using high cash value life insurance. If you're a Canadian business owner, you won't want to miss these crucial insights! Show notes: 00:00 - Introduction 1:35 - Who qualifies for the tax deduction? 4:55 - Example of first $500,000 7:15 - Example of after $500,000 13:15 - How to avoid paying unnecessary additional tax BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 173The Dirty Little Secrets of the Canada Pension Plan | PART 3
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina are back in part 3 of the dirty little secrets of the Canada Pension Plan and Old Age Security. The two discuss from a distance how the two government benefits work in an overall retirement plan, the changes that have been made to them moving forward, and finish off the episode with a great alternative to the CPP… hint hint… high cash value life insurance… Tune in now! Show notes: 00:00 - Introduction 1:35 - Where do these government benefits (CPP and OAS) fit inthe overall retirement plan? 3:30 - The changes the Canadian government has made to CPPand OAS IN 2025 18:30 - The dirty little secrets of the Canada Pension Plan 21:20 - Example of CPP change 27:10 - A great alternative to the CPP BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

S1 Ep 172Real Estate Investing in Western Canada | Getting the MOST Out of Real Estate Conferences
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren is joined by Calvin Hexter, an investment property realtor based in Edmonton, Alberta. Darren and Calvin chat about his journey into real estate investing, what advice he has for new investors, the key components to creating your investing power team, as well as what the current market looks like in Edmonton and surrounding areas. If you're a real estate investor, this is a must listen!! Show notes: 00:00 - Introduction 00:45 - Calvin's journey into real estate investing 3:10 - Calvin's advice for new investors 5:20 - How do you create your power team? 7:25 - What type of investing opportunities are viable in 2025? 14:00 - Calvin on the current market in Edmonton and where theremay be opportunities 18:30 - How did Calvin build his business? 24:45 - Calvin on REIcon 28:10 - How does Calvin find work/life balance? FIND CALVIN ON INSTAGRAM: https://www.instagram.com/calvin.hexter/?hl=en BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 171How AI is Revolutionizing the Life Insurance Industry | Can the Canadian Dollar Rebound??
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina are back with the February update! The two discuss the interest rates, where the Canadian dollar is headed with the incoming tariffs, how the real estate market has looked in Canada in 2025 so far, as well as some interesting life insurance industry surrounding the adoption of AI models. Tune in now! Show notes: 00:00 - Introduction 1:30 - Bank of Canada update 4:35 - Canadian dollar update 6:00 - Economic news 8:35 - Stock market update 9:10 - Bitcoin update 15:25 - Real estate update 18:55 - Life insurance industry news 21:30 - Control and Compound news BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 170The Evolution of Money | Is Bitcoin the Future? | From Gold Bars to Bitcoin Blocks
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina are chatting all things money and currency including how money maintains value and breaking down the evolution of money from the early days to the gold standard to USD, and now looking towards the future with Bitcoin. Can Bitcoin become the standard monetary currency moving forward? Tune in and find out! Show notes: 00:00 - Introduction 2:00 - The functions of money 4:05 - How does money maintain value? 8:35 - What is the gold standard? 12:20 - Should Bitcoin become the standard? BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 169Canada's TAX Changes and Implications in 2025 | Breaking Down Canada's True GDP
SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, Darren and Christina are breaking down all the tax changes that Canadians are facing in 2025 and the implications that come along with them. They discuss the proposed capital gains changes and what it might mean if a Conservative government comes into power in the near future, as well as changes to the Canada Pension Plan and the carbon tax. Tune in now! Show notes: 00:00 - Introduction 1:25 - Proposed capital gains changes update 4:30 - The implications of the capital gains inclusion change 8:20 - Canada Pension Plan requirement increases 12:45 - Carbon tax increase 13:50 - Stagnation of the economy 15:00 - Short term rental changes BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound
S1 Ep 168The BEST Strategies to AVOID Spiraling Debt | How Much are Canadians in Debt?
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down the debt dilemma facing many Canadian households. The two break down the numbers in Canada, some of the risks and consequences that can come from significant debt, as well as about what people can do to stop spiraling debt. Tune in now! Show notes: 00:00 - Introduction 1:50 - Taking a closer look at household debt to income ratio 8:00 - The risks and consequences of household debt 10:35 - What can people do to protect themselves from spiraling debt 15:15 - Building an opportunity/emergency fund 17:55 - The biggest takeaway from this episode FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 167Unlocking U.S. Real Estate | A Canadian Investor's Guide to Real Estate Investment in the United States
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren is joined by Erwin Szeto, a Canadian real estate investor who has turned his sights to the United States and has found tremendous success investing in American real estate. They two chat about what made Erwin decide to start investing down south, what the process looks like for a Canadian investing in a foreign country, the tax implications as well as the best current cities and states to invest in and how Erwin built his network in the U.S. This was a great episode, you don't want to miss it! Tune in now. Show notes: 00:00 - Introduction 00:55 - What made Erwin decide to start investing in property in the United States? 5:05 - What does investing in a house in the US look like for a Canadian investor? 7:35 - How do the taxes work in these deals? 8:45 - What were the biggest obstacles Erwin faced when he shifted from the Canadian to American market? 13:35 - Best states to invest in 15:35 - Differences between Canada and USA with regards to property management 17:15 - How did Erwin build his network in the United States? 18:45 - How does applying for a mortgage in the USA compare to Canada? 24:40 - 15 year outlook for United States real estate market 28:10 - First steps to take when looking to invest in real estate in USA FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 166Buy or Sell? Overview of 2024 Canadian Real Estate Market | Should We Be Worried About the Canadian Dollar…
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us It's the first Control and Compound episode of 2025 and we can't wait to jump into the new year with all of you! The first monthly update episode of the year is jam packed with news on the Bank of Canada interest rate, the Canadian dollar, as well as updates on the stock market and real estate market and some really cool news in the life insurance industry too! Tune in now. Show notes: 00:00 - Introduction 00:35 - Bank of Canada update 2:45 - Canadian dollar update 4:15 - Stock market update 5:10 - Bitcoin update 7:05 - Real estate update 9:30 - Life insurance industry news 10:45 - Economic news 13:40 - Control and Compounds news 14:50 - Podcast news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 1652024 vs. 2025 Predictions | Will Canada See a Recession in 2025? | Where is Canada's GDP headed?
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are going over their predictions from 2024 on topics like the Bank of Canada interest rate, GDP growth, inflation, the stock market, as well as the housing market and Bitcoin. If we do say so ourselves, the 2024 predictions were pretty bang on! Let's see what they think for 2025. Tune in now! Show notes: 00:00 - Introduction 1:05 - Bank of Canada interest rate predictions 2:20 - GDP growth predictions 3:55 - Inflation predictions 6:20 - Stock market predictions 8:15 - Housing market predictions 12:10 - Bitcoin predictions 15:20 - AI predictions 19:05 - High cash value life insurance prediction FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 164Why You're Not Rich (And What Wealthy People Do Differently) | The Life-Changing Habits of the Ultra Successful
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down the seven habits that wealthy people use to find success including setting clear goals, constantly learning and bettering yourself, managing your money properly, as well as delaying gratification. Tune in now! Show notes: 00:00 - Introduction 1:25 - The four freedoms 3:00 - The first habit: setting clear goals 5:15 - The second habit: consistent learning and self improvement 7:05 - The third habit: smart money management 8:50 - The fourth habit: developing multiple different streams of income 11:35 - The fifth habit: delaying gratification 15:00 - The sixth habit: networking and building connections 16:35 - The seventh habit: maintaining a positive mindset FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 163Control and Compound Financial's CORE Values | One of the Main Reasons Companies Have Tremendous Success
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down Control and Compound's four core values. If you're a business owner and you don't have any core values, this is a great episode to check out. Core values are unique to each business and Darren and Christina chat about why they chose these particular values and why they think they will help Control and Compound continue to find success and growth. Tune in now! Show notes: 00:00 - Introduction 2:00 - Control and Compound's first core value: Be Better Everyday 3:10 - Control and Compound's second core value: Be a Good Person 4:55 - Control and Compound's third core value: Not a Lot of Traffic on the Extra Mile 7:00 - Control and Compound's fourth core value: No Entitlement FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 162Bitcoin's Surge is Changing EVERYTHING. Here's What You Need to Know
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are chatting all things Bitcoin! Although it currently sits at a price of 99k+ USD, Bitcoin hit the 100k mark recently and that is causing a lot of excitement in the investing community. They chat about the key factors driving the current surge, which countries are leading the trend in embracing Bitcoin, the Trump presidency and what that means for cryptocurrency, as well as the potential risks associated with investing in Bitcoin. Tune in now! Show notes: 00:00 - Introduction 1:30 - Bitcoin has hit 100k! What does it all mean? 3:45 - Key factors that are driving the current Bitcoin surge 5:55 - Which countries are leading the trend in embracing Bitcoin 9:05 - How will Trump's presidency affect the future of Bitcoin? 11:55 - Why are nation states starting to embrace Bitcoin so much? 14:25 - What are the risks that come with Bitcoin? 15:55 - Turning a negative into a positive 21:10 - What does this all mean for our listeners? FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 161What the Government Doesn't Want You to Know About Debt | Do Wealthy Canadians Pay Their Fair Share of Tax?
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren is joined by Jake Fuss, Director of Fiscal Studies for the Fraser Institute. Darren and Jake chat about the common assumption that wealthy Canadians don't pay their fair share in tax, as well as what the average Canadian pays in tax per year, Jake's thoughts on Canadian debt as well as what type of tax policy or reform he thinks will revitalize Canada. Tune in now, this interview was incredibly informative! Show notes: 00:00 - Introduction 1:05 - Do wealthy Canadians pay their fair share of taxes? 3:30 - Average Canadian tax bill 5:25 - Capital gains and expenditures 7:20 - Less and less money is being invested in Canada, what are the long term consequences? 9:30 - Is Canada actually doing a "great job" with our debt? 14:00 - Canada's economic growth: the real numbers 15:50 - Canada's productivity gap vs. the USA 17:35 - What sort of tax policy reform could revitalize Canada? Find the Fraser Institute on: Website: https://www.fraserinstitute.org/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 160Is Trump Good or Bad for Canada? | Inflation on the Rise AGAIN?? | Canadian Productivity at an All Time Low
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, it's the December update and Darren and Christina are breaking down updates with the Bank of Canada, the Canadian dollar, the stock market, big news in the Bitcoin world including a further look at what the Trump presidency means for cryptocurrency, as well as interesting news in the life insurance world. Tune in now! Show notes: 00:00 - Introduction 00:40 - Bank of Canada update 2:50 - Canadian dollar update 5:05 - Stock market update 5:40 - Bitcoin update 11:29 - Canadian real estate update 15:00 - Life insurance industry news 16:15 - Control and Compound news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 159Business Owners: Do This to Pay as Little Tax as Legally Possible | What Qualifies as a Business Expense? | Robert Gauvreau | Part 2
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are joined by Robert Gauvreau for part 2 of their series with him! In Part 2, Robert is breaking down tax credits vs. tax deductions, some of the tax credits that are available to business owners, what qualifies as a business expense as well as whether or not you should own a vehicle with your business or personally. Tune in now! Show notes: 00:00 - Introduction 1:40 - Tax credit vs. tax deduction 3:00 - Common tax credits for business owners? 4:00 - How do you get tax credits as a business owner? 6:35 - The most popular tax credits for business owners 8:25 - What qualifies as a business expense? 12:40 - Recommended software for doing taxes for your business 16:30 - Business expenses that a lot of business owners don't know are business expenses 21:40 - Car ownership: business vs. personal 30:00 - A couple more tips from Robert FIND BOB GAUVREAU ON: WEBSITE: https://gauvreaucpa.ca/ INSTAGRAM: https://www.instagram.com/gauvreaucpa/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 159Business Owners: Do This to Pay as Little Tax as Legally Possible | What Qualifies as a Business Expense? | Robert Gauvreau | Part 2
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are joined by Robert Gauvreau for part 2 of their series with him! In Part 2, Robert is breaking down tax credits vs. tax deductions, some of the tax credits that are available to business owners, what qualifies as a business expense as well as whether or not you should own a vehicle with your business or personally. Tune in now! Show notes: 00:00 - Introduction 1:40 - Tax credit vs. tax deduction 3:00 - Common tax credits for business owners? 4:00 - How do you get tax credits as a business owner? 6:35 - The most popular tax credits for business owners 8:25 - What qualifies as a business expense? 12:40 - Recommended software for doing taxes for your business 16:30 - Business expenses that a lot of business owners don't know are business expenses 21:40 - Car ownership: business vs. personal 30:00 - A couple more tips from Robert FIND BOB GAUVREAU ON: WEBSITE: https://gauvreaucpa.ca/ INSTAGRAM: https://www.instagram.com/gauvreaucpa/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 158Bitcoin is SURGING | Will the Trump Presidency Send Bitcoin to the MOON??
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down all the news on Bitcoin over the last few months. Bitcoin has been absolutely surging since early October and since Trump was re-elected, it's gone ever higher. Darren breaks down what he thinks the long term impact of the Trump presidency will be on Bitcoin, as well as major trends that are driving the demand, and why large corporations are now looking to invest massive amounts of cash into Bitcoin. Tune in now! Show notes: 00:00 - Introduction 1:35 - The US Election's impact on Bitcoin 2:55 - Trump's influence on Bitcoin's most recent surge 4:25 - What types of impacts will we see with the Trump presidency 6:20 - Major trends that are driving Bitcoin's demand 9:30 - Darren on why large corporations are now investing in Bitcoin 13:50 - Cold storage vs. ETF 16:15 - Darren's take on where he thinks Bitcoin is heading FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 15710X Your Business with EOS | Are the Right People in the Right Roles? | Identifying Your Core Values
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down EOS (entrepreneurial operating system) and how they've implemented the system into Control and Compound. They go over the 6 key components of EOS including your business' core values, finding the right people, and having a repeatable process, as well as what EOS looks like in action. If you're a business owner or entrepreneur and you feel like you're not getting the most out of your business and people, you need to tune in! Show notes: 00:00 - Introduction 1:40 - What is EOS? 2:55 - The 6 key components of EOS 3:20 - #1 Core Values 5:20 - #2 Finding the right people for the right jobs 6:50 - #3 Run on data, not gut feelings 11:00 - #4 How to handle your business's issues: Identify, Discuss, Solve 12:40 - #5 Having a repeatable process 14:30 - #6 Traction: Breaking down your vision into actionable goals 18:05 - What does EOS look like in action? 21:25 - How does EOS work? 24:30 - How do you get started? Get the Traction Book: https://www.amazon.ca/Traction-Get-Grip-Your-Business/dp/1936661837/ref=asc_df_1936661837/?tag=googleshopc0c-20&linkCode=df0&hvadid=706843851323&hvpos=&hvnetw=g&hvrand=11003378693228749160&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9000089&hvtargid=pla-404289645110&psc=1&mcid=f29f4d2dba2c31daa91e63a3190e64b4&gad_source=1 FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 156Where Should You Be Investing In Canada? | Real Estate Investing Strategies with Victoria Cluney
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren is joined by real estate investor Victoria Cluney. Victoria and Darren chat about her journey into the real estate investing world while also being a member of the Canadian Armed Forces as well as how she scaled her portfolio, important lessons learned, and what the future holds for her, including a potential appearance on Dragon's Den. Tune in now! Show notes: 00:00 - Introduction to Victoria Cluney 2:25 - How did Victoria get started in the real estate investing world? 6:15 - How did Victoria manage to scale her investing portfolio? 8:50 - What resources did Victoria use to learn about the real estate investing world 11:40 - What were some of the key things that Victoria learned in the military that translate to the real estate investing and entrepreneurship world 12:45 - Would Victoria change anything if she could go back in time and what strategies should people use today to grow their portfolio? 16:45 - How does Victoria approach real estate from a business mindset 19:10 - Challenges for real estate investors in Ottawa and Ontario 23:45 - Victoria's proudest achievement in the real estate investing world 25:55 - Victoria's coaching sessions 28:25 - Victoria's outlook for the future 32:00 - If Victoria could pick any piece of property to develop in Ottawa, where would it be? FIND VICTORIA ON: Instagram - https://www.instagram.com/victoriacluney/ Tiktok - https://www.tiktok.com/victoriacluney/ Facebook - https://www.facebook.com/victoriacluney/ LinkedIn - https://www.linkedin.com/in/victoria-cluney-2a6b01110/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 156Where Should You Be Investing In Canada? | Real Estate Investing Strategies with Victoria Cluney
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren is joined by real estate investor Victoria Cluney. Victoria and Darren chat about her journey into the real estate investing world while also being a member of the Canadian Armed Forces as well as how she scaled her portfolio, important lessons learned, and what the future holds for her, including a potential appearance on Dragon's Den. Tune in now! Show notes: 00:00 - Introduction to Victoria Cluney 2:25 - How did Victoria get started in the real estate investing world? 6:15 - How did Victoria manage to scale her investing portfolio? 8:50 - What resources did Victoria use to learn about the real estate investing world 11:40 - What were some of the key things that Victoria learned in the military that translate to the real estate investing and entrepreneurship world 12:45 - Would Victoria change anything if she could go back in time and what strategies should people use today to grow their portfolio? 16:45 - How does Victoria approach real estate from a business mindset 19:10 - Challenges for real estate investors in Ottawa and Ontario 23:45 - Victoria's proudest achievement in the real estate investing world 25:55 - Victoria's coaching sessions 28:25 - Victoria's outlook for the future 32:00 - If Victoria could pick any piece of property to develop in Ottawa, where would it be? FIND VICTORIA ON: Instagram - https://www.instagram.com/victoriacluney/ Tiktok - https://www.tiktok.com/victoriacluney/ Facebook - https://www.facebook.com/victoriacluney/ LinkedIn - https://www.linkedin.com/in/victoria-cluney-2a6b01110/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 155Interest Rates Continue to Drop | Is Canada's Economy Heading in the Right Direction?? | November Update
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are bringing you the November update! They chat about the recent interest rate cuts and discuss whether or not it signifies that inflation is in check. They also talk about the struggling Canadian dollar, the real estate market, some very exciting Bitcoin news as well as life insurance industry news that will leave you feeling confident about your choice to choose infinite banking (and if you haven't, it's time to give us a call). Tune in now! Show notes: 00:00 - Introduction 00:45 - Bank of Canada update 3:50 - Canadian dollar update 5:00 - Stock market update 5:50 - Bitcoin update 9:05 - Real estate market update 15:45 - Industry news 17:10 - Control and Compound news 19:00 - Control and Compound podcast news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 154The SECRET Ingredient in the Infinite Banking Concept | "A Permission Slip to Spend Money"
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are going over why the death benefit is such a pivotal part of how the infinite banking concept works. A lot of people think of the death benefit as something that doesn't come into play until after you die, but when it comes to infinite banking, the death benefit becomes your secret ingredient to success! Tune in now to find out why. Show notes: 00:00 - Introduction 00:55 - Quick breakdown of the infinite banking concept 1:30 - Why is the death benefit so important? 10:55 - Infinite banking is Canada vs. USA and why if you're a business owner in Canada, you NEED to look into this concept 16:00 - Wrap up FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 153The IDEAL Corporate Structure with Robert Gauvreau | Are YOU Paying Too Much Tax? | Part 1
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are joined by Robert Gauvreau for part 1 of a new series focusing on the ideal corporate structure for business owners and investors. Part 1 focuses on what a typical corporate structure looks like, how Robert and his team set structures up a bit differently than most, and how to deal with the high tax rate that comes with passive income. Tune in now! Show notes: 00:00- Introduction to Robert Gauvreau 7:50 - What does a typical corporate structure look like for new businesses? 12:10 - When does additional tax planning come into play? 14:40 - How Bob's company looks at holdco and family trust a bit differently 23:55 - How to deal with the high tax rate on passive income 27:50 - How does real estate investing play a role in the ideal structure? 32:00 - What's the ideal date to have your corporate year end? 35:30 - Wrap up FIND BOB GAUVREAU ON: WEBSITE: https://gauvreaucpa.ca/ INSTAGRAM: https://www.instagram.com/gauvreaucpa/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 152The Secrets to Becoming Wealthy | Top 10 Financial Freedom Tips from the Experts
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are going over the top 10 strategies that you can use to become wealthy including what it looks like to invest in yourself, leverage technology, and invest in real estate! Tune in now. Show notes: 00:00 - Introduction 2:05 - Focusing on earning, not just saving 4:40 - Leveraging technology and entrepreneurship 7:55 - Move to a high opportunity area 10:15 - Invest and save early AND consistently 13:30 - Live below your means 15:50 - Invest in real estate 18:05 - Avoid bad investments and "get rich quick" schemes 19:35 - Health and relationships matter! 23:40 - Getting control of your money 25:05 - Eliminate or reduce the wealth destroyers FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 151The BEST Ways to Invest in Real Estate in Canada | LIVE from the Keyspire Investor Summit
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina sit down with some of the top real estate investors in Canada at the Keyspire Investor Summit that took place at the end of September in Toronto. Tune in now to learn about what some of the best investors in the country are doing strategy wise and what they think is the smartest place to invest right now! 00:00 - Introduction 2:50 - Michael Ponte from Savvy Investor 8:10 - Ronnie Fisher from Keyspire 10:50 - Robert Gauvreau from Gauvreau & Associates CPA 12:50 - Mandy Branham, the Joint Venture Queen 19:45 - Stephen Jagger from Addy 22:30 - Jessica Friesen from Axiom Advisors 25:25 - Connor Eagleson from Control and Compound Financial 27:10 - Viler Lika from SingleKey 33:50 - Simon Davis from Elite Aligned Coaching 40:45 - Jake Mitchell from Control and Compound Financial 41:25 - Wrap-up FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND SAVVY INVESTOR: https://thesavvyinvestor.ca/ FIND KEYSPIRE: https://www.keyspire.com/ FIND GAUVREAU AND ASSOCIATES: https://gauvreaucpa.ca/?_gl=1*rvl4k9*_up*MQ..&gclid=CjwKCAjw9p24BhB_EiwA8ID5Bqi7Gsm2dbLseZwKgjs61906TfVuTb2dbVmHN64dZLfIjeJAYTCfcxoCvjIQAvD_BwE FIND MANDY BRANHAM: https://www.instagram.com/j_v_queen/ FIND ADDY: https://addyinvest.ca/ FIND AXIOM: https://axiomadvisors.ca/ FIND SINGLEKEY: https://www.singlekey.com/en-ca/ FIND ELITE ALIGNED COACHING: https://www.elitealignedcoaching.com/
S1 Ep 150Is Canada's Economy Grinding to a Halt?? | Canada vs. USA Tax Bills | October Update
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us Darren and Christina are back after a VERY busy September for the October update. Interest rates have dropped again, what does that mean for Canadians, where is our economy headed? They also chat about economic news, comparing tax bills in Canada and the USA, as well as a quick recap about the Keyspire Investor Summit they attended last week with some of the best real estate investors in the country. Tune in now! Show notes: 00:00 - Introduction 00:35 - Bank of Canada update 4:30 - Canadian dollar update 5:00 - Economic news 10:55 - Bitcoin 12:45 - Real estate market news 16:50 - Life insurance industry news 18:55 - Control and Compound news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 149Are Canadian Business Owners Under Attack?! | Tax Changes that Negatively Affect Canadians
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down the tax changes over the last 9 years in Canada that not only affect small business owners, but also ALL Canadians. Some of the changes made under Trudeau's Liberal government include slashing the advantage of business owners paying themselves in dividends, changes to the lifetime capital gains deduction, as well as the expansion of the tax on split income. Tune in now, you do not want to miss this one! Show notes: 00:00 - Introduction 1:15 - The plight of the small business owner in Canada 4:05 - Why aren't there as many small business owners in Canada anymore? 5:00 - Increased dividend tax rate in 2016 6:00 - Lifetime capital gains deduction in 2017 7:00 - Expansion of tax on split income in 2018 9:00 - Changes to passive investment income rules in 2019 10:45 - The carbon tax in 2019 12:10 - Employee stock option change in 2021 13:25 - Changes to general anti avoidance rule 14:35 - Capital gains tax changes in 2024 16:30 - Small business deduction hasn't changed since 2015 18:00 - The importance of tax strategy and planning FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 148A Deeper Look Into Infinite Banking | How Do Policy Loans Work?
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are taking a deep dive into high cash value life insurance policy loans and how they work within the infinite banking concept. They break down how the loans work, the benefits, how you start one, as well as comparing policy loans to bank loans. Tune in now! Show notes: 00:00 - Introduction 00:50 - What are policy loans? 1:35 - Benefits of a policy loan 3:15 - How do you initiate a policy loan? 5:00 - Are you paying interest to borrow your own money? 9:20 - How is the loan interest charged? 10:35 - What can you do with the loan? 11:25 - Should you always use policy loans instead of bank loans? FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 147The MOST Important Real Estate Summit in 2024 | The BIGGEST Opportunities for Real Estate Investors
On today's episode, Darren is joined by Michael Sarracini, CEO and Co-founder of Keyspire. They chat about how Michael got started in real estate investing, how he was able to scale his business, and what he thinks are the top 3 challenges facing real estate investors today, among other things. They also chat about the upcoming Keyspire Investor Summit that is taking place in Toronto on September 27th, 28th, 29th! This is the first year the summit is open to the general public and if you haven't bought your ticket yet, now is the chance! Click the link below to get your ticket now! GET YOUR TICKETS: https://keyspireinvestorsummit.com/buy-tickets/ Show notes: 00:00 - Introduction 00:30 - How did Michael Sarraci get started in the real estate world 6:00 - How did Michael acquire his first property? 10:20 - How did Michael initially scale his real estate investing business 14:20 - The top three challenges that real estate investors are facing today 18:10 - Where are the opportunities in the market place? 24:55 - What is Keyspire? 27:25 - What is the Keyspire Investor's Summit and what's in store for the 2024 summit? FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Michael Sarracini is an award-winning entrepreneur & real estate investor. Starting over 20 years ago as a university student with nothing but debt and the drive to succeed, he turned a small government loan into a multimillion-dollar real estate empire that allowed him to retire at 25. With his new freedom he then explored other industries including television, ecommerce, real estate development & private education. Today Michael is CEO of Keyspire and Chairman of The Sarracini Group. He focuses on adding value to people through personal development & education and adding value to land through strategic partnerships & development. Michael's team has trained more than 100,000 real estate investors and helped them generate tens of millions of dollars in net worth. As an entrepreneur, he has won multiple business awards for business growth, sales revenue and employee satisfaction, and in 2016 he led the #1 fastest-growing consumer business in the country. Michael supports his business growth through strong leadership, solid business practices and community involvement. Michael believes in, and invests heavily in, his personal growth & personal development. He believes strongly in community involvement and sits on the board of directors and the leadership committee for the Children's Foundation. Michael lives with his wife and two boys just outside of Toronto, Canada. He loves to spend his time with his family: swimming, mountain biking, hiking, BBQing and big family dinners. He also enjoys scuba diving & playing squash. Michael's ultimate goal is to help his partners and his students maximize both their profits and their purpose so they can live enriched and fulfilling lives
S1 Ep 147The MOST Important Real Estate Summit in 2024 | The BIGGEST Opportunities for Real Estate Investors
On today's episode, Darren is joined by Michael Sarracini, CEO and Co-founder of Keyspire. They chat about how Michael got started in real estate investing, how he was able to scale his business, and what he thinks are the top 3 challenges facing real estate investors today, among other things. They also chat about the upcoming Keyspire Investor Summit that is taking place in Toronto on September 27th, 28th, 29th! This is the first year the summit is open to the general public and if you haven't bought your ticket yet, now is the chance! Click the link below to get your ticket now! GET YOUR TICKETS: https://keyspireinvestorsummit.com/buy-tickets/ Show notes: 00:00 - Introduction 00:30 - How did Michael Sarraci get started in the real estate world 6:00 - How did Michael acquire his first property? 10:20 - How did Michael initially scale his real estate investing business 14:20 - The top three challenges that real estate investors are facing today 18:10 - Where are the opportunities in the market place? 24:55 - What is Keyspire? 27:25 - What is the Keyspire Investor's Summit and what's in store for the 2024 summit? FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us Michael Sarracini is an award-winning entrepreneur & real estate investor. Starting over 20 years ago as a university student with nothing but debt and the drive to succeed, he turned a small government loan into a multimillion-dollar real estate empire that allowed him to retire at 25. With his new freedom he then explored other industries including television, ecommerce, real estate development & private education. Today Michael is CEO of Keyspire and Chairman of The Sarracini Group. He focuses on adding value to people through personal development & education and adding value to land through strategic partnerships & development. Michael's team has trained more than 100,000 real estate investors and helped them generate tens of millions of dollars in net worth. As an entrepreneur, he has won multiple business awards for business growth, sales revenue and employee satisfaction, and in 2016 he led the #1 fastest-growing consumer business in the country. Michael supports his business growth through strong leadership, solid business practices and community involvement. Michael believes in, and invests heavily in, his personal growth & personal development. He believes strongly in community involvement and sits on the board of directors and the leadership committee for the Children's Foundation. Michael lives with his wife and two boys just outside of Toronto, Canada. He loves to spend his time with his family: swimming, mountain biking, hiking, BBQing and big family dinners. He also enjoys scuba diving & playing squash. Michael's ultimate goal is to help his partners and his students maximize both their profits and their purpose so they can live enriched and fulfilling lives

S1 Ep 146Debunking Financial Myths: Buy Term Insurance and Invest the Difference
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are debunking a popular financial myth: buy term insurance and invest the difference somewhere like the stock market. Although there is certainly a time and a place for term insurance, this is NOT the way. Check out the episode to learn why that is and Darren and Christina's advice for what you should actually be doing instead. Tune in now! Show notes: 00:00 - Introduction 1:50 - Buy term and invest the difference: what exactly does that mean? 11:05 - The need for term insurance 14:10 - The problem with expired term insurance in retirement 19:15 - Buying term and investing the difference is NOT a real plan 21:10 - When does term insurance make sense? FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 145What We've Learned About Infinite Banking | Traditional Banking Vs. Infinite Banking | The HOLY GRAIL of Loans
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are joined by wealth coaches Dan Spry and Connor Eagleson to discuss infinite banking and what made them decide to join the Control and Compound team. Dan speaks on his experience in the traditional banking world and why switching to infinite banking made sense, Connor talks about using infinite banking when his mortgage renewal was coming up and Christina and Darren chat about their biggest takeaways from working with the infinite banking concept over the years. Tune in now! Show notes: 00:00 - Introduction to our wealth coaches 1:55 - Traditional banking vs. infinite banking 5:30 - Using loans for Bitcoin 9:10 - Using infinite banking to refinance your mortgage 11:30 - Christina's infinite banking AHA moment 16:55 - Darren's biggest takeaway from using the infinite banking concept over the last several years 20:05 - What is a SWAN account? 22:20 - Infinite banking answers the questions you didn't even know you had FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 144Are Interest Rates Coming Down This Month? | Revisiting the Capital Gains Tax | Canadian Home Prices Across the Country
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode it's the September update, where did summer go?! Darren and Christina chat about the Bank of Canada and where they think interest rates are heading for Q4, the Canadian dollar, economic news including revisiting the capital gains tax, house prices across the country, as well as some interesting life insurance industry news. Tune in now! Show notes: 00:00 - Introduction 00:35 - Bank of Canada update 4:20 - Canadian dollar update 5:05 - Economic news 11:00 - Stock market update 11:55 - Bitcoin update 15:40 - Real estate market update 19:05 - Life insurance industry news 22:05 - Control and Compound news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 143Debunking 10 MYTHS From Your Financial Advisor
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are pulling back the curtain on 10 myths that you've been told by your financial advisor! You'll be surprised with some of these and we've gone over a few in past episodes but some of the myths include average rate of return vs. actual rate of return, having emergency an fund in the form of cash, as well as retiring in a lower tax bracket. If you feel like you're not getting all the information you need, it's time to tune in! Show notes: 00:00 - Introduction 1:55 - RRSP myth 3:20 - Average rate of return myth 7:00 - Accumulation myth 9:25 - Buying cheap term insurance and invest the difference myth 12:05 - Retiring in a lower tax bracket myth 13:55 - Business owners and real estate investors should max out their RRSPs myth 15:30 - Having an emergency account in cash myth 17:50 - High risks for high returns myth 20:00 - Maxing out RRSPs and TFSAs myth 22:25 - Financial advisors being an expert on everything myth FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 142Unpacking Corporate Investment Strategies: What Every Business Owner NEEDS To Know
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down corporate investment strategies and how they are taxed inside a corporation including passive income, capital gains, mutual funds, as well as real estate. Stick around until they end where they go over corporate life insurance and why it can be one of the best investment strategies within a corporation. Tune in now! Show notes: 00:00 - Introduction 1:30 - Personal taxation overview 2:35 - Why do people invest inside their corporation? 4:40 - Passive income recap 9:40 - How is interest income taxed inside a corporation? 11:15 - How are capital gains taxed inside a corporation? 13:05 - Corporate class mutual fund 16:15 - How are dividends taxed inside a corporation? 18:10 - Is anything tax free? 19:00 - How is a REIT counted as income? 20:45 - How is real estate inside a corporation treated? 24:40 - How is Bitcoin taxed inside a corporation? 26:10 - How does corporate life insurance play a role? 29:30 - A closer look at the death benefit FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 141The TRUE Cost of Acquisition
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are back with another installment in the Becoming Your Own Banker series and they'll be covering page 68. On this page, Nash talks about the cost of financing vs. the cost of acquisition, why it's so important to know the difference, and of course, how this all applies to the infinite banking concept! Show notes: 00:00 - Introduction 00:40 - The cost of financing vs. the cost of acquisition 5:45 - Managing and valuing your time properly 11:45 - How this all applies to the infinite banking concept FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 140The BEST Time to Invest in Real Estate in Canada | Why Aren't You Investing in Calgary Yet? | with Patrick Francey
On today's episode, Darren is pleased to be joined by guest Patrick Francey, CEO of REIN Canada and Host/Creator of The Everyday Millionaire Podcast. The two chat about how Patrick got started in entrepreneurship, why it's important to treat real estate investing like a business, the importance of strong company culture, as well as commentary on certain government policies aimed to alleviate the current housing shortage facing Canadians among other things. Tune in now! Show notes: 00:00 - Introduction 1:10 - How Patrick got started on his entrepreneurial journey 3:45 - Patrick's take on mindset 10:10 - Treating your real estate investing like a business 13:10 - The importance of good culture in business 25:05 - Using data to make important real estate investing decisions 30:05 - How effective are government policies that aim to make housing more affordable for everyone? 33:15 - What people should look for in a tenant screening 38:00 - Determining rental demand before investing in a property 45:10 - Advice for a new real estate investor FIND PATRICK ON: INSTAGRAM: https://www.instagram.com/pfrancey/?hl=en LINKEDIN: https://www.linkedin.com/in/pfrancey/?originalSubdomain=ca WEBSITE: https://theeverydaymillionaire.ca/ X: https://x.com/pfrancey?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 139ANOTHER Housing Tax on Canadians?! | Are Canadians Underinsured? | August Update
GET YOUR TICKETS NOW: https://keyspireinvestorsummit.com/buy-tickets/ On today's episode, it's the August update! Darren and Christina discuss the new interest rate, where the Canadian dollar stands, some interesting stock market and bitcoin news as well as a breakdown of Canada's progressive tax system. Here's a little hint, the wealthy pay more tax than you think! Show notes: 00:00 - Introduction 00:35 - Bank of Canada and interest rates update 4:15 - Canadian dollar update 5:10 - Stock market update 5:45 - Bitcoin update 7:30 - Real estate update 13:20 - Economic news - Breaking down Canada's progressive tax system 16:40 - Life insurance industry news 20:40 - Control and Compound news 23:25 - Control and Compound podcast news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 138Retirement in Canada vs. USA
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On this week's episode, Darren and Christina are breaking down retirement benefits and plans in Canada vs. the USA including RRSP vs. 401(k), TFSA vs. Roth IRA, and of course they compare the similarities and differences between infinite banking in Canada and in the USA. Tune in now! Show notes: 00:00 - Introduction 2:40 - RRSP vs. 401(K) 6:40 - TFSA vs. Roth IRA 8:00 - Canada Pension Plan (CPP) vs. Social Security 13:05 - Infinite banking in Canada vs. USA 15:45 - MTAR line vs. MEC line 17:55 - Does infinite banking work better in Canada or the USA? FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 1373 EASY Steps to Implementing the Infinite Banking Concept for Canadians
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Christina and Darren break down the 3 steps you need to take to successfully implement the infinite banking concept including educating yourself, learning about the concept and where to save your money, how to take advantage of opportunities and investments to multiply your money, and stressing the importance of repaying back your loan. They also have a bonus step at the end so stick around and check it out! Show notes: 00:00 - Introduction 1:45 - Learning about the infinite banking concept and where to save your money 6:00 - How to be your own bank 8:00 - Private lending example 11:10 - Repaying your loan 13:20 - BONUS STEP FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 136Retire STRESS FREE and with MORE MONEY
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down why you need high cash value life insurance to have a stress free retirement with more money and more freedom to spend that money. The two break down the major risks we face in retirement (including inflation and taxable income) and how a high cash value life insurance policy can mitigate these risks. Tune in now! Show notes: 00:00 - Introduction 1:35 - The major retirement risks that people worry about 3:20 - Mitigating risks with high cash value life insurance 6:40 - Breaking down the death benefit 12:10 - Having too much taxable income in retirement 13:30 - Affording long term care facilities 15:50 - Protecting yourself from inflation 16:45 - Longevity protection 18:50 - Traditional retirement plan vs. high cash value life insurance policy FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 135FINANCIAL ADVICE: What We Would Tell Our Younger Selves | Control and Compound YOUR Money
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, we're doing an audience request episode! Darren and Christina are breaking down what they would tell their younger selves if they knew then what they know now! They chat about the importance of investing in yourself, avoiding things like lifestyle inflation and bad credit, as well as why you need to understand how to compound and control your money properly. This was an incredibly informative episode, tune in now! Show notes: 00:00 - Introduction 2:45 - Investing in yourself 7:45 - Creating assets vs. liabilities 13:00 - Avoiding lifestyle inflation 14:55 - Building good credit 22:20 - Understanding compound interest 27:15 - Controlling your money the right way 33:30 - Summary FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
S1 Ep 134The PROS and CONS of Multi Family Real Estate Investing with Shane Unruh
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren is joined by Shane Unruh, Founder and CEO of XS Asset Management, a vertically integrated asset management company that identifies, purchases and manages large scale multifamily apartments. Darren and Shane talk about how Shane got into the multi-family business, how he started his company, the challenges and success stories, as well as where he sees market trends going in Alberta and Canada at large. Tune in now! Show notes: 00:00 - Introduction to Shane Unruh 1:45 - Current state of the multi family market 3:35 - Average rent in Edmonton 7:20 - Challenges of getting into multi family real estate 9:40 - What does an investment with Shane and his team look like? 13:10 - How much leverage and amortization on a typical property? 14:25 - Breaking down the CMHC 17:15 - Interest rates comparison 17:50 - Shane's approach to managing properties 20:00 - Multi family real estate trends 22:25 - Upcoming niche markets 26:35 - Success stories from Shane 29:15 - Advice for new multi family real estate investors FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND SHANE ON: WEBSITE: https://xsassetmanagement.com/home/ INSTAGRAM: https://www.instagram.com/shaneunruh_/
S1 Ep 133Will Interest Rates Drop Again This Year? | House Prices Across Canada | July Update
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us Happy Canada Day everyone! On today's episode, it's the July update! Darren and Christina chat about the new interest rate announcement and what they expect for the rest of the year, updates on the Canadian dollar, stock market, and real estate market, as well as industry news and some exciting Control and Compound news! Tune in now. Show notes: 00:00 - Introduction 00:30 - Bank of Canada update 2:50 - Canadian dollar update 3:20 - Stock market update 4:05- Bitcoin update 5:30 - Real estate update 8:00 - Life insurance industry news 9:10 - Economic news 11:20 - Dividend announcements 11:55 - Control and Compound news 14:10 - Control and Compound podcast news FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

S1 Ep 132Grow Your Money and Spend Your Money TAX FREE | Retire Comfortably with THIS PLAN
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us On today's episode, Darren and Christina are breaking down the corporate insured retirement plan. We've had a lot of you request this episode so we're excited to share our thoughts! Darren and Christina chat about how the plan works, what life insurance product it utilizes, as well as the tax implications, how to spend tax free in retirement, and why this plan can be so powerful! Show notes: 00:00 - Introduction 1:00 - What is the corporate insured retirement plan? 6:05 - what product is used for this plan? 7:20 - What makes this plan so powerful? 11:10 - Tax breakdown 12:40 - Example of the plan in action 19:30 - Best ways to take income in retirement FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us