The MapleMoney Show

Having the right insurance coverage is one of the most important aspects of financial planning, but most Canadians are underinsured. This is partly due to the fact that insurance can be complicated, so it can be difficult just knowing where to start. This week, I invited Lorne Marr of Hub Financial onto the show, to give us a better understanding of how life insurance works, and share some of the many factors that can affect insurance rates. With over 25 years of experience in the life insurance industry, Lorne knows a thing or two about the subject. You can find the show notes for this episode at https://maplemoney.com/117 Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

Did you receive an income tax refund this year? If so, it means that you gave the government extra money during the year, only to see them pay it back to you without interest. Surely there must be a better way. My guest this week is a tax accountant who says he feels a moral obligation to speak out against the inherent flaws and needless complexities that define taxation in Canada. Neal Winokur is a CPA, blogger, and author of the book, The Grumpy Accountant. Neal dreams of a day when the Canadian tax system is simplified to the point where people no longer need his services. Neal explains some of the ways in which the tax system is broken, who's at fault, and shows us a few ways we can make the income tax system work to our advantage. You can find the show notes for this episode at https://maplemoney.com/116 In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you've put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%.

Is life more expensive when you're single? To help answer this question, I invited Jackie Porter onto the show this week. Jackie is an award-winning financial planner, best-selling author, and speaker who has helped thousands of clients grow their net worth, build a fortress around their finances and keep more of their cash in their pocket! She is also co-author of the book, Single by Choice & Chance, so she understands very well the challenges single people face when managing their money. You can find the show notes for this episode at https://maplemoney.com/115 Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

Are you familiar with the concept of "making money while you sleep?" If not, chances are you'd like to be. Many would argue that there's no such thing as true, passive income, but my guest this week would beg to differ. Rachel Richards knows a thing or two about generating passive income. She's the bestselling author of "Money Honey" and "Passive Income, Aggressive Retirement". Rachel quit her job as a financial advisor at age 27, and today lives off of $15,000 per month in passive income. This includes close to 40 rental properties. According to Rachel, just about anyone can build a passive income stream, and she's here to show us how to get started. You can find the show notes for this episode at https://maplemoney.com/114 Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 1.70% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. Visit https://maplemoney.com/eqbank to start saving money today.

Are you feeling stuck in a rut when it comes to your career or your finances? It happens to a lot of us. The good news is that you have options, you can regain traction, begin moving forward, and build a life you love. My guest this week knows all about feeling stuck. Grant Sabatier is the founder of Millennial Money and author of the Financial Freedom Book. This is Grant's second appearance here on the show, and he's come prepared, with ways to help you get unstuck with your money and your career. You can find the show notes for this episode at https://maplemoney.com/113 Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

How did you handle money in your college years? The label, starving student, has become cliche, but it's a title that many of us know all too well. No matter what stage of life you're in, if you're struggling to manage your spending, my guest this week has some timely advice. Zina Kumok is a freelance writer specializing in personal finance. She's also a money coach who helps people pay off debt, build budgets and spend mindfully. In this week's episode Zina and I talk about the money lessons she learned during college, and how she made the switch from carefree spender to balanced saver. You can find the show notes for this episode at https://maplemoney.com/112 This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank

I talk a lot about ETF investing here at MapleMoney, but did you know that there's more than one way to invest in an ETF? Kornel Szrejber is the host of the Build Wealth Canada Show, and has been featured for paying off his mortgage in only 6 years while still in his 20s, and becoming one of Canada's youngest retirees at the age of 32. He joins us this week to explain the three types of ETF investing, and how to know which one is right for you. You can find the show notes for this episode at https://maplemoney.com/111 Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

Did you know that if your neighbour wins the lottery, the chances of you going bankrupt increases by 2.4% for every $1000 they win? It's an interesting statistic, and one that I get into with this week's guest here on the MapleMoney Show. Kelley Keehn is a financial educator, and author of several books, including her most recent book, Talk Money To Me. Kelly and I sat down to discuss the very real struggle of keeping up with the Joneses, and why it's so tempting to want the things our friends and neighbours have. You can find the show notes for this episode at https://maplemoney.com/110 Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money overseas. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

This week on The MapleMoney Show, the kids are taking over. Not quite, but they are the focus of this week's episode. Anisa Kurji is the host of Kids Money and More, a finance podcast with a twist, because the target audience is young kids. In today's episode, she explains how she got the idea for the podcast, and she shares some tips to help parents teach their kids about life and money at any age. You can find the show notes for this episode at https://maplemoney.com/109 Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, cleantech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple

If you've ever considered starting a side hustle as a way to make some extra money, you're not alone. Thousands of people in Canada are finding ways to increase their income outside of their regular job. My guest this week is Jeff Proctor. He's a co-founder at DollarSprout.com, a website dedicated to helping readers reach their maximum earning potential. DollarSprout covers side hustles, entrepreneurship, freelancing, and many money-making topics. You can find the show notes for this episode at https://maplemoney.com/108 This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank

Does the thought of making money in real estate seem out of reach? That's what many people think whenever the topic comes up. But there's an easier way to build wealth through the housing market using a trick known as house hacking. As my guest this week explains, with a little bit of money and lots of creativity, just about anyone can do it. Andrew Kerr bought his first home at 20 years old. Now in his thirties, he is a seasoned real estate investor and serial house hacker. He uses house hacking and real estate investing to build stealth wealth and financial security. Andrew's blog, FI by REI, focuses on educating people on travel rewards, real estate investing, house hacking, and personal finance tools. His podcast, The House Hacking Podcast is dedicated exclusively to helping individuals learn to house hack! You can find the show notes for this episode at https://maplemoney.com/107 Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple

If you asked a thousand online entrepreneurs how they make money, you're bound to get a thousand different answers. That's the premise behind this week's episode of The MapleMoney Show. My guest this week is Michelle Jackson, a serial entrepreneur from Colorado who jumped headfirst into online business when she started her first blog in 2012. Since then, she's made money as a coach, freelancer, and author, launched a number of digital products, as well as a successful podcast. According to Michelle, almost anyone can make money online by applying the skills they already have. You can find the show notes for this episode at https://maplemoney.com/106 This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank

Imagine landing a lucrative corporate job at the ripe old age of 24, only to quit seven months later to pursue a life of freedom. That's exactly what Cody Berman did, and he joins the show this week to explain how he was able to walk away at such a young age. Cody is a serial entrepreneur who is always looking for the next exciting business opportunity. He is a co-founder of Gold City Ventures, a co-founder of The Financial Freedom Summit, owner of Fly to FI, and co-host of The FI Show. You can find the show notes for this episode at https://maplemoney.com/105 Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

If you've ever left a job on bad terms, you may have experienced the fallout that can come with burning bridges during a career change. If you're careful, however, the relationship doesn't always have to end on a sour note. Joel Parker is a blogger, and founder of the Financial Freedom Community, where he guides people on their financial freedom journey. Joel started his own business after being laid off from his 9-5 job, and he says that much of the credit was due to his willingness to maintain a strong relationship with his former employer. You can find the show notes for this episode at https://maplemoney.com/104 Can you imagine a no-fee savings account that pays you 2.00%, along with free transactions, no minimum balance requirement, and fast, cheap, and fully transparent international money transfers? Well, the dream is real, through our sponsor, EQ Bank. Their EQ Bank Savings Plus Account will give you all of that and more. For more information, visit https://maplemoney.com/eqbank

Have your finances been negatively impacted by the current COVID-19 crisis? Perhaps you're still working, but wondering what you should be doing to solidify your financial situation. My guest this week is here to help. Tracy Bissett is a former banker turned entrepreneur. She educates young adults and small business owners through her weekly podcast, Young Money, as well as the teaching and delivery of financial courses, coaching and consulting. Tracy sits down with me to discuss some ways that Canadians can cope through the current financial crisis, as well as some steps they can take to get themselves on more solid financial ground in the future. You can find the show notes for this episode at https://maplemoney.com/103 Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

If you've ever wondered whether there are limits to how much happiness money can buy, what better way to find out than to talk with someone who knows. That's exactly what I did in this week's episode of The MapleMoney Show. Doc G is a former high earning physician who gave up his practice to become a content creator. He now writes about personal finance and hosts his own podcast, called Earn and Invest. Doc G and I talk about financial independence, income identity, and we tackle the question of how much is enough? You can find the show notes for this episode at https://maplemoney.com/102 Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money overseas. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

It's never been easier for Canadians to invest online. But does automated investing spell the end of the human investment advisor? My guest week doesn't think so. Michael Allen is a Portfolio Manager at Wealthsimple. Michael has worked in the investment industry for more than 13 years, including the past 5 with Wealthsimple. Michael joins me to dispel some myths surrounding robo-investing and explain the recent surge of new investors in the current down market. You can find the show notes for this episode at https://maplemoney.com/101 Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

Welcome to episode number 100 of The MapleMoney Show! To celebrate this milestone, I decided to invite back one of my very first guests on the show, the one and only J.D. Roth. J.D. is an accomplished personal finance writer, and founder of the popular blog,Get Rich Slowly. Last time he visited the show, J.D. shared with us some of his biggest money mistakes. This time around, I wanted to get his advice on the most important things we should do with our money. You can find the show notes for this episode at https://maplemoney.com/100 This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank

North Americans read thousands of articles from various online sources every single day, which means that someone has to keep that content flowing. Much of the work falls to freelance writers, many of whom earn a good living keeping the rest of us entertained and informed. Miranda Marquit is a six-figure freelance writer whose work has appeared in Forbes, the Huffington Post, and the U.S. News & World Report, and she's no stranger to The MapleMoney Show. Miranda joins me this week to talk about her career, and she has plenty of advice for anyone wanting to make money as a freelance writer. You can find the show notes for this episode at https://maplemoney.com/099 Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, cleantech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

Recent events have placed a spotlight on people working online from home, but it's a trend that's been building for years. In fact, just about anyone can make money online if they can learn a few key skills. This week, I'm joined by Ashley Barnett, a long time freelance editor and creator of the brand new HitPublish course for bloggers. Ashley and I sat down to discuss why blogging is the perfect way to build the skills necessary to make money online, even if the blog itself doesn't make money. You can find the show notes for this episode at https://maplemoney.com/ashleybarnett If you're interested in starting a blog and building your own online business, I highly recommend that you check out Ashley's new course at http://maplemoney.com/hitpublish Can you imagine a no-fee savings account that pays you 2.00%, along with free transactions, no minimum balance requirement, and fast, cheap, and fully transparent international money transfers? Well, the dream is real, through our sponsor, EQ Bank. Their EQ Bank Savings Plus Account will give you all of that and more. For more information, visit https://maplemoney.com/eqbank

Canadians want to know that the money they have on deposit with their bank is safe, especially during difficult economic times. Thankfully, the money in your chequing or savings account is protected with something called CDIC insurance, providing that you bank with a CDIC member institution. Given the economic uncertainty we're facing right now, I thought it would the perfect time to have this week's guest join the show. Peter Routledge is the CEO of Canada Deposit Insurance Corporation, or CDIC. Peter joins me to explain exactly how his organization protects Canadians, and reassures us that CDIC will be there when we need them. You can find the show notes for this episode at https://maplemoney.com/peterroutledge Do you bank with a member of CDIC? If so, your eligible deposits with that institution will be protected up to $100,000 in each of their coverage categories, in the event of a bank failure. Didn't know that banks could fail? CDIC has handled the failure of 43 of its member institutions since it was established in 1967. Guess how many people lost their protected deposits during those failures? Zero. Not a single dollar under CDIC protection was lost. Find out more about CDIC coverage and check to see if you bank with one of its member institutions by visiting https://www.cdic.ca/

Are you struggling to make sense of the current state of the economy, not to mention the stock market? If so, you're not alone. These are uncertain times, and no one seems to have any real answers. My guest this week is Dan Kent, investor and co-founder of stock research and news site, StockTrades.ca. Dan joins me to discuss the recent market volatility related to the COVID-19 crisis, and shares his thoughts on where he thinks we may be headed. You can find the show notes for this episode at https://maplemoney.com/dankent Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money overseas. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

Many Canadians don't realize that the government has an investment plan designed specifically for Canadians with disabilities. The Registered Disability Savings Plan exists to help disabled Canadians with their long term savings, but it can be difficult to understand. Alan Whitton is the founder of Canajun Finances, where he writes extensively about the Registered Disability Savings Plan, and RESPs as well. He joins me this week to explain the ins and outs of the RDSP, as well as the Disability Tax Credit. You can find the show notes for this episode at https://maplemoney.com/alanwhitton Do you bank with a member of CDIC? If so, your eligible deposits with that institution will be protected up to $100,000 in each of their coverage categories, in the event of a bank failure. Didn't know that banks could fail? CDIC has handled the failure of 43 of its member institutions since it was established in 1967. Guess how many people lost their protected deposits during those failures? Zero. Not a single dollar under CDIC protection was lost. Find out more about CDIC coverage and check to see if you bank with one of its member institutions by visiting https://www.cdic.ca

Could you and your family live on $25,000 per year? Before I met with this week's guest, the idea seemed fairly unrealistic to me, but the number may in fact be more achievable than I realized. Whether your goal is retiring early, like my guest, or something entirely different, there are huge advantages to living on less. This week, I'm joined by Court, who blogs over at Modern FImily. In 2018, Court and her partner Nik, achieved financial independence, meaning that they had saved enough money to live off of the income generated by their investments. You can find the show notes for this episode at https://maplemoney.com/courtmodernfimily This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank

Have you ever avoided dealing with important money issues? If so, you're not alone. Many Canadians put off saving for retirement, or other financial goals, because the strategies seem too complicated, and they feel like they lack the knowledge. My guest this week is Steven Arnott, author of The Snowman's Guide to Personal Finance. Steven drops by to show us that just about anyone can embark on a journey towards financial independence by following a few simple steps. You can find the show notes for this episode at https://maplemoney.com/stevenarnott This week's show is brought to you by our sponsor, Wealthsimple. With a current interest rate of 0.9%, the Wealthsimple Cash account offers higher interest rates than the big banks, and there are no fees on deposits and withdrawals. Find out more about Wealthsimple Cash today at https://maplemoney.com/wealthsimple

Imagine a side hustle that lets you do something you love, and that actually makes money. Does it sound too good to be true? Well, as it turns out, there is such a thing. This week, I welcome back my first ever repeat guest on The MapleMoney Show. Last time he was here, Martin Dasko and I discussed ways to plan your next travel adventure. This time around, Martin is here to tell us about a new adventure, as a host with Airbnb Experiences. You can find the show notes for this episode at https://maplemoney.com/martindaskoreturns Do you bank with a member of CDIC? If so, your eligible deposits with that institution will be protected up to $100,000 in each of their coverage categories, in the event of a bank failure. Didn't know that banks could fail? CDIC has handled the failure of 43 of its member institutions since it was established in 1967. Guess how many people lost their protected deposits during those failures? Zero. Not a single dollar under CDIC protection was lost. Find out more about CDIC coverage and check to see if you bank with one of its member institutions by visiting https://www.cdic.ca

If you've ever been impacted by a flight cancellation, chances are you've experienced the frustration that comes with trying to get a full refund from the airline. My guest this week has been fighting for the rights of Canadian airline passengers for years, winning countless challenges in court. This week, Gabor Lukacs joins me on The MapleMoney Show to remind us of our rights as passengers, and how to go about handling a dispute the next time an airline tells you that you have none. You can find the show notes for this episode at https://maplemoney.com/gaborlukacs Do you bank with a member of CDIC? If so, your eligible deposits with that institution will be protected up to $100,000 in each of their coverage categories, in the event of a bank failure. Didn't know that banks could fail? CDIC has handled the failure of 43 of its member institutions since it was established in 1967. Guess how many people lost their protected deposits during those failures? Zero. Not a single dollar under CDIC protection was lost. Find out more about CDIC coverage and check to see if you bank with one of its member institutions by visiting https://www.cdic.ca

In recent weeks, the arrival of Coronavirus in North America has wreaked havoc on the stock market, bringing with it fears of a sustained economic downturn, including talk of a possible recession. And while no one really knows how it will all play out, there are steps investors can take when faced with a volatile stock market. With everything that's going on, it felt like the perfect time to have this week's guest join us. A dividend value investor for more than 20 years, Kanwal Sarai is the founder and editor of the Simply Investing Report. At the end of the episode, stay tuned for a special offer Kanwal has extended to MapleMoney Show listeners. You can find the show notes for this episode at https://maplemoney.com/kanwalsarai Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money overseas. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

Here on The MapleMoney Show, we've talked a lot about side hustles, and ways to make more money. But one idea we haven't covered is how to start your own public speaking business. If getting paid to speak sounds intriguing, then this week's episode is for you. Grant Baldwin is the founder of The Speaker Lab, and author of the new book, The Successful Speaker. In his book, Grant takes readers through what he says are the 5 key steps to becoming a successful speaker. He breaks it all down in our discussion while sharing some valuable insights from his own career as a public speaker. You can find the show notes for this episode at https://maplemoney.com/grantbaldwin Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, cleantech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

What's standing between you and your goals? Is there something big you want to accomplish, but you're not sure how to make it happen? Perhaps you're like me, and get yourself into trouble by committing to one too many projects? My guest this week is Michelle Black, a freelance writer and founder of the Credit Writer blog. Recently, Michelle accomplished a big goal, when she made the switch from part-time to full-time freelance writing. In this episode, we chat about the role that goal setting has played in helping Michelle accomplish both personal and professional goals. You can find the show notes for this episode at https://maplemoney.com/michelleblack Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money abroad. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

Are you looking for a way to make more money? It seems as though everybody's got a side hustle these days. Perhaps you've thought about starting a side hustle of your own, if only you had a few good ideas. Joining me on the show this week is Nick Loper, founder of Side Hustle Nation, and host of the popular Side Hustle Show podcast. Nick knows a thing or two about using side hustles to pay the bills, both large and small. So whether you're looking to make an extra $50 per month, or wish to build a 'rent erasing' side hustle, this episode is for you. You can find the show notes for this episode at https://maplemoney.com/nickloper There are only a few days left to make your RRSP contribution for the 2019 tax year. Opening an RRSP through our sponsor, Wealthsimple, can get you a bigger refund while helping you save on investment fees. MapleMoney readers get $10,000 managed for free by opening a new account, or by transferring their RRSP to Wealthsimple. To open your RRSP, head to https://maplemoney.com/wealthsimple

If you contribute to a pension, do you know what type of plan you have? Do you even have a pension plan? Fewer and fewer private sector companies are providing pensions for their employees, making it harder than ever to plan for retirement. My guest this week is Jason Heath, a fee-only financial planner and columnist for The Financial Post, MoneySenseand Retire Happy. Jason joins me to discuss the current state of pension plans in Canada, and how the deterioration of employer pensions is impacting the retirement plans of Canadian workers. You can find the show notes for this episode at https://maplemoney.com/jasonheath This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money abroad with TransferWise using your EQ Bank Savings Plus account. Not only will you benefit from earning 2.45%* interest on your savings, but you'll pay up to 8x less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. Visit https://maplemoney.com/eqbank to start saving money today.

Have you ever thought about altering the entire course of your life? Of packing up, and leaving behind everything you know? How about filming a documentary about the entire experience? That's exactly what Scott Rieckens did. Scott, along with his wife Taylor, are the subjects of a recently released documentary, titled Playing with FIRE. The film takes viewers along the journey that led Scott and his wife to give up their comfortable San Diego lifestyle in pursuit of financial independence. Scott joins me this week to share some of his story, and discuss what it was like to shoot a documentary. You can find the show notes for this episode at https://maplemoney.com/scottrieckens It's February, which means that time is running out to make your RRSP contribution for the 2019 tax year. Opening an RRSP through our sponsor, Wealthsimple, can get you a bigger refund while helping you save on investment fees. MapleMoney readers get $10,000 managed for free by opening a new account, or by transferring their RRSP to Wealthsimple. To open your RRSP, head to https://maplemoney.com/wealthsimple today.

Do you ever feel as though there are roadblocks standing between you and financial success? Perhaps you're struggling to see past your previous money mistakes. If that's you, my guest this week is here to help. Sandy Yong is a financial speaker and author of a newly published book, The Money Master. Sandy joins me to discuss how our myths about money can derail us on our journey to financial freedom, and what we can do about it. You can find the show notes for this episode at https://maplemoney.com/sandyyong Can you imagine no everyday banking fees within a savings account that pays you 2.30%, along with unlimited transactions, no minimum balance requirement, and fast, cheap, and fully transparent international money transfers? Well, the dream is real, through our sponsor, EQ Bank's Savings Plus Account that gives you all of that and more. For more information, visit https://maplemoney.com/eqbank

Is the burden of debt so great that it's causing you to feel anxious and depressed? Do you feel like life would be better if you could only catch up on your bills? My guest this week understands the connection between debt and depression, because she's lived it. Melanie Lockert is founder of the blog and author of the book, Dear Debt. She is passionate about helping others get out of debt, and focuses on the intersection of debt and mental health which is why she has recently launched a new blog and podcast called Mental Health and Wealth. You can find the show notes for this episode at https://maplemoney.com/melanielockert RRSP season is here, which makes it a great time to open an RRSP if you haven't already done so. Our sponsor, Wealthsimple, can help you get a bigger refund AND save on investment fees. Not only that, but MapleMoney readers get $10,000 managed for free by opening a new account, or by transferring their RRSP to Wealthsimple. To open your Wealthsimple RRSP today, head to https://maplemoney.com/wealthsimple

Do you feel like your debt is getting the better of you? Are you struggling to manage your payments, and wondering where to find relief? My guest this week is Doug Hoyes, host of the Debt Free in 30 Podcast, and a licensed insolvency trustee. For over 20 years, Doug has been helping Canadians eliminate their debt. Today, Doug joins us to discuss a variety of debt relief options, and how they can help you regain control of your finances. You can find the show notes for this episode at https://maplemoney.com/doughoyes Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money abroad. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

Do you often compare yourself to other people? Have previous life experiences shaped your money mindset, and not in a good way? You may not realize it, but how you think about money could be a major factor in the financial decisions that you make. My guest this week knows a thing or two about maintaining a positive money mindset. Lacey Langford is an Accredited Financial Counsellor and financial coach who has helped many people overcome their fear of money. She joins us to discuss how having a negative mindset can hurt us financially, and what we can do about it. You can find the show notes for this episode at https://maplemoney.com/laceylangford It's January, which means it's time to review your RRSP contributions for the 2019 tax year. Our sponsor, Wealthsimple, can help you get a bigger refund while helping you save on investment fees. MapleMoney readers get $10,000 managed for free by opening a new account, or by transferring their RRSP to Wealthsimple. To open your Wealthsimple RRSP today, head to https://maplemoney.com/wealthsimple

How were your finances in 2019? Did you find yourself moving forward, or did you feel a bit stuck? There's a lot that goes into managing money, and making the right decisions is not always easy. Thankfully, my guest this week is here to help. Rob Carrick is a long-time personal finance columnist with The Globe and Mail. He came prepared with a number of great tips that will help you get out of debt and increase your savings in 2020. You can find the show notes for this episode at https://maplemoney.com/robcarrick This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.3% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. Save money today, visit https://maplemoney.com/eqbank

It's January, which means that people everywhere are striving to stay on top of their New Year's resolutions. I hate to spoil the fun, but did you know that most people will give up on their New Year's goals by February? My guest this week knows a thing or two about how to become more productive, and according to him, there are better ways to achieve your goals than trying to stick to your New Year's resolutions. Mike Vardy is a productivity expert, founder of the Productivityist website and podcast, and a sought after speaker and coach. You can find the show notes for this episode at https://maplemoney.com/mikevardy RRSP season is here so it's a great time to open an RRSP through our sponsor, Wealthsimple, so you can get a bigger refund AND help you save on investment fees. MapleMoney readers get $10,000 managed for free by opening a new account, or by transferring their RRSP to Wealthsimple. To open your Wealthsimple RRSP today, head to https://maplemoney.com/wealthsimple

Did you know that the average grocery bill for a Canadian family is roughly $1000 a month? Not only are groceries expensive, but planning and preparing meals takes time. Thankfully, a little meal planning goes a long way. My guest this week is Erin Chase, founder of $5 Dollar Dinners, and meal planning expert. Erin joins me to discuss how meal planning can transform your lifestyle, as well as your budget. You can find the show notes for this episode at https://maplemoney.com/erinchase It's December, and RRSP season is right around the corner. With an RRSP from our sponsor, Wealthsimple, you'll pay less tax AND save on investment fees. MapleMoney readers get $10,000 managed for free when they open a new account, or transfer their RRSP to Wealthsimple. To open your RRSP, head to https://maplemoney.com/wealthsimple

Did you know that your financial situation can be affected by the city or province you live in? Or by your parental status, your gender, or the colour of your skin? My guest this week is Brynne Conroy, author of The Feminist Financial Handbook, and founding member of the website, Personal Finance by Women. Brynne sheds light on the numerous financial challenges faced by working moms, visible minorities, and members of the LGBTQ community. You can find the show notes for this episode at https://maplemoney.com/brynneconroy Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

Are you managing your own investments through an online broker? If so, how's it going? While I am a believer in do it yourself investing, it is certainly not for everyone. If you're second-guessing your abilities to manage your own portfolio, this episode is for you. My guest this week is Salman Ahmed, a portfolio manager with the Canadian investment firm, Steadyhand. Salman joins me to discuss why professional investment advice remains so important in today's world of low fee, do-it-yourself investing. You can find the show notes for this episode at https://maplemoney.com/salmanahmed It is December, and RRSP season is right around the corner. With an RRSP from our sponsor, Wealthsimple, you can get a bigger refund AND save on investment fees. MapleMoney readers get $10,000 managed for free when they open a new account or transfer their RRSP to Wealthsimple. To open your RRSP today, head to https://maplemoney.com/wealthsimple

Have you ever felt the pressure to constantly be moving up at your job, just to get ahead? Perhaps there is a better way to gain financial independence and build your ideal lifestyle. My guests this week are a married couple who have built a life together as partners, parents and entrepreneurs. Tom and Ariana Sylvester are authors of the book, Lifestyle Builders, which details how they built their dream life by becoming entrepreneurs. You can find the show notes for this episode at https://maplemoney.com/tomarianasylvester More and more investors are seeking out companies with a social conscience. Our sponsor, Wealthsimple, can help, with low-cost investment portfolios that focus on low carbon, cleantech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

Have you ever wondered if a side hustle could become your full-time job? Or whether or not you see yourself doing what you're doing now, for the rest of your career. If so, you're not alone. My guest this week asked himself the same questions, and he joins us this week to share his story. Clint Proctor is a full-time personal finance writer from Daytona Beach, Florida, but one year ago, he was a full-time pastor. Find out how he made the leap, and why. You can find the show notes for this episode at https://maplemoney.com/clintproctor The biggest myth about robo advisors is that they are all tech, and lack the personal touch. If you're curious about moving over and have questions, our sponsor, Wealthsimple, now lets you book a 15 minute call with an experienced portfolio manager. To book your chat, head over to https://maplemoney.com/wealthsimplechat

Did you know that closing a credit card can actually hurt your credit score? Or that your bank may not be reporting your credit information to both of Canada's credit bureaus? In this episode, I'm joined by Richard Moxley, credit expert and author of the book, The Credit Game. Richard explains why it is so important to monitor your credit on a regular basis, and he also busts a few credit score myths along the way. You can find the show notes for this episode at https://maplemoney.com/richardmoxley Our sponsor, Borrowell, is on a mission is to help Canadians feel great about their credit. To do it, they've taken a product that was once $23/month, and made it completely free. To get a copy of your free credit score, credit report, as well as ongoing monitoring every month, head to https://maplemoney.com/borrowell

Do you know what industries you're supporting through your investment portfolio? These days, more and more people are choosing to move away from the so called "sin stocks", like alcohol, tobacco, and gambling, opting instead to invest in companies with a track record of sustainability. My guest this week is Tim Nash, a fee based advisor at Good Investing and founder of The Sustainable Economist. Tim explains why, these days, socially responsible investors should be thrilled by the many sustainable investment options they have at their disposal. You can find the show notes for this episode at https://maplemoney.com/timnash Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

Have you avoided talking with your elderly parents about their finances? Do you know if they've created a will, or a power of attorney? If not, there is no better time than now to start a conversation. My guest this week knows a thing or two about having money conversations with parents, after all, she wrote a book on the topic. Cameron Huddleston is an award winning journalist, and author of the book, Mom and Dad, We Need to Talk: How To Have Essential Conversations With Your Parents About Their Finances. You can find the show notes for this episode at https://maplemoney.com/cameronhuddleston Did you know that having a good credit score can help you get better rates on your mortgage, insurance, and loans, saving you a lot of money in the long run. Our sponsor, Borrowell, will provide you with a free credit report, along with monthly updates and recommendations. To get started today, visit maplemoney.com/borrowell

It might be hard to believe, but many Canadian investors lose more than 50% of their return to fees. Are you one of them? My guest this week is Larry Bates, a former bank executive and author of the book, Beat the Bank: The Canadian Guide To Simply Successful Investing. Larry joins us to discuss why Canadians are losing so much money to investment fees, and what we can do about it. You can find the show notes for this episode at https://maplemoney.com/larrybates The biggest myth about robo advisors is that they are completely tech-driven, and lack the personal touch. If youíre curious about signing up and have questions, our sponsor, Wealthsimple, now lets you book a 15 minute call with an experienced portfolio manager. To book your appointment, head over to https://maplemoney.com/wealthsimplechat

Have you made your will? If not, what's holding you back? For a lot of Canadians, just the idea of having to deal with the subject of death makes them uncomfortable. Thankfully, creating a will doesn't have to be a daunting task. My guest this week is Erin Bury, CEO of Willful, a Canadian online will and estate planning company. Erin joins us to discuss why it's so important for Canadians to not only create a will, and make sure it stays updated. You can find the show notes for this episode at https://maplemoney.com/erinbury There was a time when getting a copy of your credit report was a major hassle, and would cost money as well. That's no longer the case, thanks to our sponsor, Borrowell. They'll send you an updated credit report each month, and share tips on how you can improve your credit. To get your free credit report, head to https://maplemoney.com/borrowell

It has been said that the best way to build wealth is to invest early and often, then let time, and compound interest take over. It's a solid plan, but it takes years, decades even. But what if there was a way to accelerate your path to wealth, by investing in yourself. My guest this week is Jeff Rose, a long time financial planner, and founder of Wealth Hacker, and The Good Financial Cents blog. For years, Jeff followed the traditional path to wealth, until he realized that his biggest returns came when he invested in himself You can find the show notes for this episode at https://maplemoney.com/jeffrose Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple