Build Wealth Canada Podcast

Today I'm excited to have financial planning expert Carl Richards on the show. Carl has been in the financial planning industry for over 20 years, has a column in the New York Times, the Morningstar Advisor, and he's even been featured on Forbes.com and Oprah.com.

I thought it would be nice to pick his brain a little bit and pick-up some of that knowledge that he's gathered over the years. In the interview, Carl shares much of his 20 years of experience, and takes us through the financial planning process that he does with his private clients.

Links and Resources

• Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.
• Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest

• Carl has a new book called "The One-Page Financial Plan: A Simple Way to Be Smart About Your Money" and you can pick it up from Amazon Here.

Hey it’s Kornel and welcome to part 2 of the interview with Matt Inglot (owner of Freelance Transformation and Tilted Pixel). If you missed part 1, it is available here: www.BuildWealthCanada.ca/6 In this session, Matt covers some critical tips on how to succeed if you want to earn money-on-the-side with Freelancing. Specifically, we discuss: How […]

Welcome to part 2 of the interview with Matt Inglot (owner of Freelance Transformation and Tilted Pixel).

If you missed part 1, it is the episode prior to this one.

In this session, Matt covers some critical tips on how to succeed if you want to earn money-on-the-side with Freelancing. Specifically, we discuss:

• How to differentiate your freelancing business from the competition
• How to compete with cheap labour overseas offering similar work for less (think China, India, etc.)
• The 1 HUGE mistake that can cut your income in half
• How much to charge for your services
• How to use the power of "being local" to your advantage
• How to add value through responsiveness
• The advantages and disadvantages of freelancing versus "passive income" businesses
• How to find buyers for your service
• The power of networking and referrals
• The common freelancing mistakes to avoid

Links and Resources

• FreelanceTransformation.com – Matt's company teaching the best practices in freelancing.

• Tilted Pixel (www.tiltedpixel.com) – Matt's professional web development company.

• Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.
• Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest

Hey it’s Kornel here and welcome to the Build Wealth Canada Show! I’m really excited today as we have a very special Canadian entrepreneur on the show who is an expert on earning money-on-the-side with freelancing. Now why should you even consider freelancing as a way to earn money on the side? Well to start, […]

I'm really excited today as we have a very special Canadian entrepreneur on the show who is an expert on earning money-on-the-side with freelancing.

In this interview Matt will tell us:

• How he was able to pay for his university by freelancing on the side and how he turned his company into a high end web development company
• The top mistakes to avoid when freelancing
• How to structure your freelance business so that you can work anywhere in the world, setting your own hours
• What to do if you don't think you have any skills that you can freelance
• The number one mistake freelancers make when getting started
• The best steps to take when you're just starting out
• And much more.

Links and Resources

• FreelanceTransformation.com – Matt's company teaching the best practices in freelancing.

• Tilted Pixel (www.tiltedpixel.com)– Matt's professional web development company.

• Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.
• Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest

This is the comprehensive guide to all the ongoing costs you need to know about before purchasing a home. This guide will help you prepare for and budget for all these ongoing expenses. In the guide, I also give you some actual cost figures so that you at least have a ballpark figure on what the […]

This is the comprehensive guide to all the ongoing costs you need to know about before purchasing a home. This guide will help you prepare for and budget for all these ongoing expenses.

In the guide, I also give you some actual cost figures so that you at least have a ballpark figure on what the different items can cost.

Links and Resources

• Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.
• Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest
• As mentioned in the episode, there is a fantastic guide written by Romana King from MoneySense that breaks down all the maintenance expenses that you're likely to incur in your home. You can view the full article here: Ultimate Home Maintenance Guide. This should give you a great idea of all the different items that you should maintain, which ones to maintain yourself, and which ones to save up for (such as a roof replacement, furnace replacement, etc.).

This is a comprehensive guide to all the costs you need to know about before purchasing a home. This guide will help ensure you don’t get caught off guard by surprise expenses, or get tricked into paying any unnecessary extra fees. Right click here and  select “save link as…” to download this episode to your […]

This is a comprehensive guide to all the costs you need to know about before purchasing a home. This guide will help ensure you don't get caught off guard by surprise expenses, or get tricked into paying any unnecessary extra fees.

Links and Resources

• Top Tools and Resources for Financial Independence (for Canadians): Sign up anywhere on www.BuildWealthCanada.ca for a free guide on all the top tools and sites that I've personally used to help us achieve financial independence in our early 30s. They're also what we use now to optimize and manage our finances, and ensure that we're paying the lowest fees while getting solid returns on our investments.
• Kornel's investing course with free sample lessons at www.BuildWealthCanada.ca/invest

• As mentioned in the episode, having a downpayment of less than 20% will require you to obtain mortgage insurance through the CMHC (the Canada Mortgage and Housing Corporation). The amount will vary depending on how small your downpayment is. You can get the current rates directly from the source here: CMHC Mortgage Insurance

  When getting your mortgage ready, you can also get the exact amounts that you'll need to pay by speaking with your potential mortgage provider or mortgage broker. Since publishing this episode, we now have a resident mortgage expert on the show. If you have mortgage questions, you can get them answered for free at www.buildwealthcanada.ca/sean

In this session, you’ll learn everything you need to know before deciding to rent or buy a home. Nothing is left out as we dive into the financial and lifestyle factors that you need consider before making the big decision. Right click here and  select “save link as…” to download this episode to your computer. […]